This International coffee day Sip, Savor, Celebrate: International Coffee Day’s Flavorful Delights”

Sakht Khabar Correspondent,

Chandigarh, September 29, 2023: Have you ever imagined a world without Coffee in it?

Coffee isn’t just a beverage or a morning ritual, it brings people together. It is a conversation starter, a culture builder, a stress-buster, a connector, and sometimes even a relationship mender.

The strong aroma of Coffee is enough to unite people from across the globe on the 1^st of October every year to celebrateInternational Coffee Day. But how can you celebrate any occasion without a sweet accompaniment like chocolate?

Presented by Chef Ranveer Brar for Hershey India, we offer you the ideal indulgence to celebrate International Coffee Day with this effortless home recipe for a chocolate-infused drink.

Iced-Mocha

Ingredients

• ¼ Cup Warm Water

• ¼ Cup fat free half and half
• 2 tablespoons HERSHEY’S Cocoa Powder
• 1 tablespoon vanilla extract
• 1 Cup ice

Process

• Place water, half and half, cocoa, instant coffee, sugar substitute and vanilla in blender container; cover and blend on low speed.
• Add ice; cover and blend on high speed until smooth.
• Serve immediately over ice. 1-1/3 cups Mocha. About two 8oz. servings with ice.

Ambuja Cements and ACC Celebrates Engineer’s Day with National Webinar on Cutting-Edge Construction Technologies

Sakht Khabar Correspondent,

25 September 2023, Chandigarh:

Ambuja Cements and ACC, the cement and building material companies of the diversified Adani Group, hosted a national webinar on September 13^th. Themed ‘Modern Technologies for Ultra-Rapid Building Construction’, this event was a part of its Adani Knowledge Initiative, showcasing a strong commitment to fostering innovation and progress within the construction sector.

The webinar’s primary aim was to create a dynamic platform for knowledge sharing and technology exchange among professionals within the architecture, engineering, and construction (AEC) community. It was a day to celebrate both the 161st birth anniversary of Bharat Ratna Mokshagundam Visvesvaraya and the 55th Engineer’s Day in India. The event marked a poignant tribute to the legacy of Visvesvaraya, a true engineering luminary.

With an astonishing turnout of over 2600 dedicated professionals, the webinar brought together a diverse and influential audience. This inclusive gathering featured practicing engineers, architects, structural engineers, concrete technologists, project managers, QA/QC officials, government representatives, and academicians from every corner of the nation. Their presence exemplified a shared aspiration to delve into the latest developments in construction technologies and practices.

Mr. Amit Barde, M.S., P.E., LEED AP, a luminary in the realm of precast construction was a keynote speaker at the webinar. With over a decade of experience in precast construction both in India and abroad, Mr. Barde shared invaluable insights into the cutting-edge construction technologies that are shaping the industry today. His presentation emphasised the critical importance of staying at the forefront of the industry’s technological evolution, particularly in the post-COVID era. Mr. Barde’s expertise extended to rapid construction systems, highlighting their efficacy and relevance in the current Indian construction landscape. In particular, he shed light on offsite construction techniques, which have garnered significant interest due to their ability to expedite project timelines.

The distinguished personality is engaged in the construction of the CIDCO Pradhan Mantri Awas Yojana (PMAY) housing project in Navi Mumbai. Highlighting the role of digitalisation and innovation in modern construction Mr. Barde during the webinar shared the case study of ‘Mission 96’, where Larsen & Toubro (L&T) successfully built 96 flats in just 96 days using precast technology. This achievement was made possible through effective mechanisation, digitalisation, and the application of cutting-edge technologies, such as Building Information Modeling (BIM) and 3D Concrete Printing, among others.

Mr. Ajay Kapur, CEO, Cement Business, said,“We are of the firm belief that innovation is the cornerstone of progress within the construction industry. Ambuja Cements and ACC are dedicated to fostering a culture of continuous learning and sharing of knowledge. Through the Adani Knowledge Initiative, we aim to empower professionals with the latest insights and tools that transcend traditional boundaries and redefine established construction norms. We believe that by nurturing talent and embracing innovation, we can not only build remarkable structures but also leave a sustainable legacy for generations to come. Our commitment to advancing modern construction technologies and sustainable practices is a testament to our vision for a brighter, more efficient future for the entire industry.”

As leading players in the construction materials industry, Ambuja Cements and ACC continue their unwavering commitment to excellence and innovation. The companies have consistently demonstrated their dedication to sustainable construction practices, pioneering technologies, and the promotion of knowledge-sharing initiatives. With a shared vision for an environmentally friendly and prosperous future within the construction sector, Ambuja Cements and ACC remain at the forefront of driving positive change and growth in the industry.

IHCL EXPANDS ITS FOOTPRINT IN SIKKIM, OPENS TAJ GURAS KUTIR RESORT & SPA, GANGTOK

Sakht Khabar Correspondent,

Chandigarh, SEPTEMBER 25, 2023: Indian Hotels Company (IHCL), India’s largest hospitality company, announced the opening of Taj Guras Kutir Resort & Spa in Gangtok. The resort nestled in the alpine landscape of Sikkim is set amidst lush greenery and offers panoramic views of the majestic Kanchenjunga.

The Hon’ Chief Minister of Sikkim, Shri Prem Singh Tamang (Golay) graced the occasion with his presence. This grand inauguration ceremony was a momentous event, attended by prominent dignitaries.

Mr. Puneet Chhatwal, Managing Director & Chief Executive Officer, IHCL, said, “The launch of Taj Guras Kutir Resort & Spa in Gangtok demonstrates IHCL’s commitment to the commercial and tourism potential of the region. After Pakyong, the presence in Gangtok, strengthens our footprint in the charming state of Sikkim, and offers a new travel circuit. We are delighted to further our relationship with the Ambuja Neotia group.”

The 69-key resort sprawling over 14 acres is a serene hide out. The architecture emphasizes a strong sense of the indigenous culture and the resort is a blend of Sikkimese aesthetics and contemporary design. Bringing in the picturesque vistas of the outdoors, each of the spacious rooms features a unique Thangka, the local Buddhism inspired paintings. Taj Guras Kutir Resort & Spa offers a unique gastronomic experience to the patrons with its forest-themed, all-day diner Machan, a pan-Asian specialty, Soi & Sake and Guras Lounge & Bar serving Hi-tea and cocktails. The lavishly designed banquet and meeting rooms are ideal to host social soirees and corporate get-togethers. Guests can embrace wellbeing at J Wellness Circle, with its wide-ranging holistic practices rooted in the ancient wellness traditions of India. For those who relish entertainment, the resort also provides a dedicated games room.

Mr. Harshavardhan Neotia, Chairman, Ambuja Neotia Group, said, “Our continued and valued partnership with IHCL will introduce the world travellers to the lesser explored regions of North East India. We have embarked on a journey to bring bespoke design contexed to each location which is elegant, understated and luxurious. These boutique offerings are called ‘Kutir’! The Taj Guras Kutir is the fifth in the series after Ganga Kutir, Raaj Kutir, Taal Kutir and Chia Kutir.”

Situated in the Himalayan mountains, Sikkim offers unparalleled beauty and cultural richness. Trekking in the Himalayas, the serenity of a Buddhist monastery, or simply a respite from the chaos of urban life, Sikkim beckons.

With the addition of this hotel, IHCL will have 11 hotels with three under development in North East India. This includes three hotels across Taj, Vivanta and Ginger brands in Sikkim.

To know more, please visit Taj Guras Kutir Resort & Spa, Gangtok

Vietnam launch: Škoda Auto celebrates key internationalisation milestone

› Škoda Auto celebrated its market entry in Vietnam with a special event, co-hosted with local distribution and production partner Thanh Cong Group (TC Group)

› Sales of imported vehicles will begin on 25th September in Hanoi at Škoda’s first dealership in the nation; local CKD production will start in 2024

› Vietnam has the highest growth potential in the region and is the company’s strategic gateway to ASEAN and the broader Indo-Pacific region.

Chandigarh, 25 September 2023 – Škoda Auto has taken an important step in its internationalisation strategy today with its entry into the Vietnamese market. A celebratory event took place with representatives of the Vietnamese and Czech governments alongside Škoda’s local distribution and production partner, TC Group. Škoda Auto projects a rapid expansion of the dealer network to as many as 30 partners and an annual sales potential of over 40,000 units beyond 2030. The first models, starting with the Karoq and Kodiaq, will be imported from Europe. Local CKD production, planned to start next year, aims to leverage synergies due to the country’s proximity to India. Škoda views Vietnam as a gateway to the promising ASEAN region.

Klaus Zellmer, Škoda Auto CEO, says, “We are excited to engage with Vietnam’s dynamic economy and a new group of customers in this fast-growing market. This is also the next step in our accelerating internationalisation strategy, strengthening our brand in the ASEAN region and intensifying the synergies between our two key markets of India and Europe. During the preparations, it has been clear that in TC Group we have an excellent partner for the production and sale of our attractive model portfolio. I look forward to starting a successful future together.”

Martin Jahn, Škoda Auto Board Member for Sales and Marketing, says: “Today marks an important milestone in the history of Skoda Auto. By entering the Vietnamese market, we are further strengthening our position in the global automotive industry. We have a clear strategy, ambitious targets, and a strong local partner in TC Motor. Our medium-term plan is to engage around 30 local contractual partners, assemble around 30,000 cars from CKD kits, and realise a sales potential of more over 40,000 vehicles annually beyond 2030. This move solidifies Škoda’s commitment to serving our Vietnamese customers and becoming an important presence in the local market.”

Škoda Auto celebrates market launch with celebratory event, plans to expand dealer network

The Czech car manufacturer presented the Kvasiny-produced SUV model series Karoq and Kodiaq, which will be the first models available on the local market. Customers can purchase these at the first Škoda showroom in Hanoi from 25 September onwards. Additional showrooms in central and south Vietnam are in the pipeline. The goal is to expand the dealer network to 20 Škoda dealerships by 2025 and 30 by 2028.

First models imported from Europe in 2023, start of local CKD production in 2024

Škoda has a well-defined roadmap for the Vietnamese market, with plans to expand its model portfolio in response to customer preferences. The Octavia and Superb models are slated for importation to Vietnam in the medium term. Additionally, the all-electric Enyaq family is being introduced to cater to the growing demand for electric vehicles among Vietnamese consumers.

Starting in the second half of 2024, Škoda will be tapping into significant regional synergies. By then, the first Kushaq vehicles will have been exported from the Pune facility in India to Vietnam for assembly from CKD (Completely Knocked Down) kits, with the Slavia set to follow in 2025. Construction of a production line at the Viet Hung Industrial Park in Quang Ninh province by Škoda’s local partner TC Group is already underway. Based on market trends, there are ambitions to ramp up production, potentially assembling as many as 27,000 vehicles annually after 2027.

High growth potential and projected annual deliveries of over 40,000 units beyond 2030

The automotive market in Vietnam is exceptionally dynamic. At present, Vietnam is the fourth strongest automotive market in Southeast Asia. Moreover, with only 38 vehicles per 1,000 inhabitants in a population of roughly 100 million people and given the anticipated national economic growth, Vietnam is emerging as the country with the highest growth potential in the region. The brand foresees annual sales of 30,000 units in the medium term, with that figure rising to more than 40,000 units after 2030. The capacity at the Viet Hung Industrial Park, where the TC Group-owned plant is located, could be used in the future to expand production with a view to potentially exporting Škoda models across the entire ASEAN region.

ACCA hosts Virtual Careers Fair, connecting finance professionals with prominent employers for 2,200 job opportunities

The Virtual Careers Fair (VCF) drew attendees from across the country, demonstrating a strong interest in career opportunities in accounting and finance.

Chandigarh, September 25, 2023: The Association of Chartered Certified Accountants (ACCA) recently concluded its Virtual Careers Fair in India, providing a platform for accounting and finance professionals to connect with leading employers in the country. The event witnessed the participation of 3,121 visitors including students, affiliates and members demonstrating a strong interest and demand for career opportunities in the finance industry.

About 50 employers participated in the fair, including renowned organizations such as DuPont, Goldman Sachs, HPE, Reliance, Cognizant, AccSource, QX Global, Ford, Mazars, Oremus Corp, Q4 Accounting, GT Indus and many more. Notably, this year’s fair also marked the participation of an international employer from Canada for the first time, further expanding the reach of the event globally.

The fair highlighted a diverse range of industries and sectors, with a significant demand for talent in which Accounting and Financial Services offered 1,363 jobs, the Big 4 accounting firms alone offered 500+ jobs and the Indin multinational companies and conglomerates who participated in the fair had 100+ job openings. This year, many Indian accounting firms also actively joined the platform, providing attendees with a wider range of job and internship opportunities.

In terms of employer preferences, while established corporates received a substantial number of applications, there was also a noticeable trend of candidates showing interest in startups. This indicates the growing appeal of entrepreneurial ventures and the desire to explore innovative career paths.

The fair also highlighted the demand for internship opportunities, with several employers offering internships to meet the aspirations of candidates seeking practical experience alongside their academic pursuits.

Speaking about the success of the Virtual Career Fair, Md Sajid Khan, Director – India at ACCA, said, “ACCA is committed to supporting the career development of our students, affiliates, and members, and to promoting diversity and inclusion in the finance industry. We encourage participants to leverage their connections at the Virtual Careers Fair and explore the various opportunities available to them. ACCA is dedicated to providing valuable career opportunities and fostering connections between finance professionals and employers. We extend our gratitude to all participants, employers, and partners for making the Virtual Careers Fair a success.”

Employers who interacted with students, affiliates, and members in networking chat rooms expressed their appreciation for the overwhelming response and the quality of candidates they encountered. Many employers also acknowledged ACCA’s support in organizing the Virtual Careers Fair.

Tips Industries ropes in Hari Nair as its new Chief Executive Officer

The Ex-ByteDance (TikTok Music) Lead to be responsible for driving revenue growth through business expansion to newer domains

Chandigarh, 25^th September 2023: Tips Industries Limited (“TIPS”), a public-listed music-company, has today announced the appointment of Mr. Hari Nair as the company’s new Chief Executive Officer. Hari brings in 25 years of overall experience, of which the last two decades were spent in the music ecosystem. With this appointment, TIPS aims to strengthen its core leadership team, as well as focus on driving revenues further, be it through increasing its music distribution capabilities or expanding into new domains of music monetization. Hari will be responsible for leading the company into its next phase of growth, amidst the fast-changing digital trends and a vibrant content ecosystem in India’s entertainment industry.

On this appointment, Mr. Kumar Taurani, Managing Director – Tips Industries Limited commented, “We are extremely delighted to appoint Hari as our Chief Executive Officer. Hari has 360-degree experience of music ecosystem – starting from music distribution companies like Soundbuzz & Mauj Mobile, to heading digital business for a global music company Sony Music India, and then leading performance rights organization PPL India’s digital transformation. With an experienced hand like Hari being added to our core teams, combined with our strength in music content creation and acquisition, we aim to achieve higher revenues and continue to deliver value for our shareholders”.

Speaking on his new role, Hari Nair said, “I am absolutely delighted to become a part of the TIPS team. It is an honour for me to lead an organization with a quality music catalogue and focused content acquisition strategy, which is known for its longevity in the music industry and continues to steadily grow its market share. TIPS continues to deftly navigate through India’s ever-evolving digital landscape, thanks to the promoters’ experience, and a clear vision. The company’s brilliant track record of profitable growth speaks volumes about its management’s endeavour to maximize shareholder returns. As the company stands at a pivotal juncture in its journey, I am humbled and equally excited to be a part of this aggressive journey. I would like to extend my utmost gratitude to Kumar Taurani and the Board members, for showing faith in my candidature to lead this company.”

Joining ByteDance in 2019, Hari led the South Asia region for music partnerships and licensing for all ByteDance which gave him a multi-regional exposure in ByteDance ecosystem, launching their music streaming service Resso first in India, and the overall experience with apps like TikTok, Helo, Capcut, etc. Further, Hari was entrusted with a larger multi-region role (Middle East, Africa, Turkey and South Asia) for Artist Services division at TikTok, where he was primarily responsible for launching SoundOn (music distribution service), driving the business P & L for the region and also ensuring support for local artist / music labels. His music journey started with Asia’s first online music store “Soundbuzz”, which was acquired by Motorola. Prior to his long innings in the music arena, Hari also worked in the IT services industry.

Mir shows his best with fifth in scorching Indian GP, Marquez authors classic comeback

MotoGP 2023 Round 13, Gran Prix of India

Chandigarh, September 25, 2023: The first Indian Grand Prix will go down as a classic, and a highlight of the year for Joan Mir who earned his best result of the season. Marc Marquez showed the potential of the Honda RC213V as he put in an early podium challenge and impressive recovery.

All eyes were on Joan Mir who started in fourth place, Marini withdrawing due to injury, as the lights went out. The #36 maintained his position alongside the Repsol Honda Team machine of Marquez as the pair hunted the riders ahead. Looking comfortable, Mir held his own and settled into a comfortable fifth with Quartararo just ahead of him. Brad Binder would once again in the rear-view mirrors of a Repsol Honda Team RC213V as the South African hunted down Mir. An impressive save in the closing laps meant the double World Champion was forced to concede fourth place to the South African.

Rallying in the closing laps, Mir would end the race just over half a second behind Binder and take fifth place. This is Mir’s best result as a Honda rider and is a just reward for his and the team’s tireless work to improve their fortunes. Now heading to Honda’s home round in Motegi, Mir is aiming to continue this moment and once again show the potential of himself and the bike.

With a belly full of fire and motivation after a return to the Sprint podium, Marquez shot off the line and immediately hooked himself to the back of the leading trio. As Martin and Bagnaia traded blows, the #93 sensed his opportunity and turned up the pace to stay with them. Unfortunately, at Turn 1 on lap five, Marquez fell but there was no waiting around an in true Marquez style, he remounted within just eight seconds and rejoined in 16th place.

From here, he cut through the field and found himself back inside the top ten by lap 14. Steady progress continued and the eight-time World Champion would take ninth at the flag, a solid result considering the fall.

The entire Repsol Honda Team now head directly to Japan for Honda’s home race at the Motegi circuit.

Marc Marquez (9^th)

“If you just looked at the final result and see ninth you wouldn’t know the whole story of our race – but to achieve what could be considered our ‘normal’ result after a crash is a positive. It was a really small crash but I was pushing very hard to stay in the slip stream of the bikes ahead, I went a bit wide and just fell. I came into this race with the motivation of the Sprint podium, so when I saw Pecco and Martin make a mistake I decided I needed to push. This led to the mistake. The most important thing was finishing the race, overall our rhythm was very close to Quartararo so I think we can be overall happy with what we have done this weekend.”

Joan Mir (5^th)

“A great race today. I am super happy with our performance over the weekend and of course to finish in fifth position is a big boost for us. The team and I did a great job to understand the bike more, how you need to make the lap time and be fast this weekend. On the other hand, we had a small thing in the end of the race that meant I lost ground to Fabio and we dropped back. Finally in the end we were able to push and try to catch Binder after I almost crashed. It was a big save! But yeah, a really nice race overall and I have enjoyed my time in India. Let’s keep it up in Japan”.

Indian Grand Prix Results

Pos.	Rider	Num	Nation	Points	Team	Constructor	Time/Gap
1	BEZZECCHI MARCO	72	ITA	25	Mooney VR46 Racing Team	Ducati	36’59.157
2	MARTIN JORGE	89	SPA	20	Pramac Racing	Ducati	8.649
3	QUARTARARO FABIO	20	FRA	16	Monster Energy Yamaha MotoGP	Yamaha	8.855
4	BINDER BRAD	33	RSA	13	Red Bull KTM Factory Racing	KTM	12.643
5	MIR JOAN	36	SPA	11	Repsol Honda Team	Honda	13.214
6	ZARCO JOHANN	5	FRA	10	Pramac Racing	Ducati	14.673
7	MORBIDELLI FRANCO	21	ITA	9	Monster Energy Yamaha MotoGP	Yamaha	16.946
8	VINALES MAVERICK	12	SPA	8	Aprilia Racing	Aprilia	17.191
9	MARQUEZ MARC	93	SPA	7	Repsol Honda Team	Honda	19.118
10	FERNANDEZ RAUL	25	SPA	6	RNF MotoGP Team	Aprilia	26.504
11	NAKAGAMI TAKAAKI	30	JPN	5	LCR Honda	Honda	28.521
12	OLIVEIRA MIGUEL	88	POR	4	RNF MotoGP Team	Aprilia	29.088
13	ESPARGARO POL	44	SPA	3	Tech3 GASGAS Factory Racing	KTM	29.728
14	MILLER JACK	43	AUS	2	Red Bull KTM Factory Racing	KTM	31.324
15	BRADL STEFAN	6	GER	1	LCR Honda	Honda	35.782
16	PIRRO MICHELE	51	ITA	0	Ducati Lenovo Team	Ducati	49.242
17	DI GIANNANTONIO FABIO	49	ITA	DNF	Team Gresini Racing MotoGP	Ducati	DNF
18	BAGNAIA FRANCESCO	1	ITA	DNF	Ducati Lenovo Team	Ducati	DNF
19	ESPARGARO ALEIX	41	SPA	DNF	Aprilia Racing	Aprilia	DNF
20	FERNANDEZ AUGUSTO	37	SPA	DNF	Tech3 GASGAS Factory Racing	KTM	DNF

AIR INDIA ENTERS CODESHARE AGREEMENT WITH AIX CONNECT

Chandigarh 25 September 2023: Air India, India’s leading global carrier, has entered into a codeshare agreement with AIX Connect (formerly known as Air Asia India).

Air India will add its ‘AI’ designator code to over 100 flights a day operated by AIX Connect on
21 routes. More routes under the codeshare agreement will be added progressively. Bookings for the codeshare flights are being opened across points of sale, for travel starting 27 September 2023.

The codeshare implementation enables Air India guests to connect seamlessly on AIX Connect’s route network to and from over 80 points across Air India’s extensive domestic and international network.

The scope of the agreement between the two airlines enables guests to receive their boarding passes at the first point of departure for all the travel sectors on a single ticket, and have their baggage checked-in through to their final destinations. Guests connecting from international to domestic flights will, however, need to clear customs at the first point of entry in India, in line with government regulations.

AIX Connect will honour the free baggage allowance mentioned on tickets issued by Air India. Air India guests connecting on to flights operated by AIX Connect will also be able to enjoy complimentary meals on board.

With the implementation of the codeshare agreement, Air India has expanded its domestic route network to 4 new destinations in India, namely Bagdogra, Bhubaneswar, Ranchi, and Surat, in addition to the common destinations between the two airlines’ route networks. Customers from these originating cities will be able to connect to Air India’s wide international network over hubs at Delhi and Mumbai.

The codeshare agreement also enables AIX Connect to leverage Air India’s global distribution network, via the airline’s direct channels as well as its global travel agency network.

AIX Connect is a 100% subsidiary of Air India, which is in the process of being integrated with Air India Express (another 100% subsidiary of Air India) to ultimately form a single low-cost carrier within the Tata group’s airline business.

Rapido rolls-out ‘Drop Location Feature’ across India for a Reliable & Convenient Bike Taxi Experience

Chandigarh, 21 September 2023 – India’s leading bike taxi platform Rapido has launched its ‘Drop Location Feature’ nationwide to empower its captains and provide a seamless last-mile connectivity to its riders. With this new feature, the captains can access the drop location of riders before accepting a ride enabling them to make a well-informed decision in accepting a ride request. It will lead to less cancellations and ensuring a smoother, more reliable ride sharing for both riders and Captains.

Expressing his views on the new feature, Pavan Guntupalli, Co-Founder of Rapido, said, “At Rapido, we are committed to providing a reliable and convenient transportation solution for millions of people across India. Our new ‘Drop Location Feature’ aligns perfectly with this vision. By empowering our captains with vital information, we are ensuring that our riders enjoy a seamless and dependable ride every time they choose Rapido.”

For passengers, the benefits are clear. With captains having access to drop locations in advance, the chances of ride cancellations due to misunderstandings or inconvenience are significantly minimized. Passengers can have confidence that once a ride is accepted, it’s more likely to be completed smoothly. Rapido’s ‘Drop Location Feature’ streamlines the entire process, making it hassle-free for passengers. They do not need to worry about captains canceling rides at the last minute anymore, leading to a more predictable and convenient commute. Additionally, passengers can now relax knowing that captains are well-informed about their intended destination. This knowledge empowers captains to plan routes more efficiently, ultimately ensuring that passengers reach their destinations with ease. However, the ‘Drop Location Feature’ will not in any way compromise the privacy of Rapido customers; their information will remain secure and safe.

The ‘Drop Location Feature’ marks a significant step forward in Rapido’s ongoing efforts to prioritize user experience and safety. With this feature, captains can assess factors such as distance, traffic conditions, and time constraints before accepting a ride, ensuring that they are fully prepared to provide an exceptional service.

Axis Bank launches ‘NEO for Business’, a mobile-first Business Banking proposition for MSMEs

Next gen Transaction Banking on the go, 24×7 anytime, anywhere. Mobile first proposition with access through PC and tablet

End to end digital journeys, with DIY self-onboarding

Efficient and dynamic payout as well as collections management solution to fit all business needs

Contemporary UI/UX with bank grade security features.

All-in-one platform for Banking and Beyond Banking needs of MSME’s

NEO for Business being the latest launch as part of NEO by Axis Bank branding

Chandigarh, September 21, 2023: Axis Bank announces the launch of ‘NEO for Business’, a distinctive Transaction Banking platform specially curated for the Indian Micro, Small and Medium Enterprises (MSME’s). This is first of its kind comprehensive digital proposition that caters to the real, current, and emerging Transaction Banking needs of MSMEs.

With more than 30%+ contribution to the Indian GDP, 65+ million MSMEs form the backbone of India’s economy. They are rapidly adopting digital payments over cash, with 72% payments done through the digital mode compared with 28% cash transactions. Rise in digital adoption presents prospects for further growth in the sector and we see this as a huge opportunity. At Axis Bank we continue to witness a strong momentum across our focused MSME segment, which continues to remain a key growth driver for the Bank.

Keeping in mind the evolving business needs of MSME’s and challenges they face, Axis Bank’s NEO for Business platform offers a wide array of Banking and Beyond Banking features such as:

Digital self on-boarding

Bulk Payments

GST Compliant Invoicing

Payment Gateway integration

360° Customer View

End to End Transaction Tracking

Auto Reconciliation

Recurring Collections

Cash Flow Reports and many more…

With these distinctive features, MSMEs can now enjoy enhanced convenience and productivity, as they can complete their banking transactions ‘on-the-go’, without visiting a bank branch.

Existing Axis Bank Current Account customers can now experience the power of NEO for Business on mobile by downloading a mobile app or through a simple web based digital registration. NEO for Business currently caters to sole proprietorship entities and individuals who form a considerable part of MSME addressable pool in the industry. Axis Bank will soon be extending the platform to companies, partnerships, and LLPs.

The Bank has a comprehensive suite of products and services on its digital banking proposition ‘NEO by Axis Bank’ for its corporate banking customers/clients. NEO for Business is the latest launch as part of these holistic offerings. The umbrella of initiatives under ‘NEO by Axis Bank’ have been designed keeping in mind the evolving customer preferences and are benchmarked against global best-in-class propositions. These comprehensive offerings cover APIs, Corporate Internet Banking and Mobile App, Host to Host integration and Partnerships.

Neeraj Gambhir – Group Executive & Head – Treasury, Markets and Wholesale Banking Products, Axis Bank, said, “Axis Bank has been continuously investing in leading edge technologies and data analytics capabilities to deliver at scale digital propositions for our customers. In line with our ‘Open’ narrative, we have adopted a ‘ready to integrate’ approach towards offering ‘Beyond Banking’ solutions by leveraging on partnerships, ecosystems and value chains to drive higher growth across our focused business segments.”

“The MSME Business Banking landscape is evolving rapidly, and there is a need for a comprehensive solution for all their Banking and Beyond Banking requirements. Our approach was to build a proposition that offers and solves for their needs across a range of products and services on a single platform. ‘NEO by Axis Bank’ was launched as a platform for our corporate banking customers offering a complete suite of digital banking products and services. Within this platform, our newly launched ‘NEO for Business’ is a one stop solution for the business requirements of MSMEs. We believe that it has many industry-firsts which are not currently available with banks in India. MSMEs will experience a new age of Business Banking to drive and accelerate their growth.” he further added.

Commenting on the announcement, Vivek Gupta – President & Head – Wholesale Banking Products, said, “At Axis Bank, we believe in putting the customer at the center of all our endeavors. NEO for Business is built to create a distinctive mobile first Transaction Banking platform for MSME’s. It has contemporary UI/UX along with bank grade security features. Offered out of the shelf, Beyond Banking features are at the core of NEO for Business. While conventional internet banking platforms in the industry offer plain vanilla features, Beyond Banking offerings takes the customer value proposition to next level. With NEO for Business, we will continue to transform the Transaction Banking landscape for MSMEs by creating a strong digital ecosystem to solve for all the evolving needs of MSMEs.”

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Panchkula-based Venus Remedies Limited Honoured with Best Working Conditions Award 2022 at the Haryana State Safety, Health & Welfare Awards

Sakht Khabar Correspondent,

Chandigarh, 21 September

Panchkula-based Venus Remedies Limited, a leading pharmaceutical company, has been conferred with the prestigious Best Working Conditions Award 2022 at the Haryana State Safety, Health & Welfare Awards. This recognition underscores the company’s unwavering commitment to the highest standards of safety, well-being and excellence in the workplace. The Best Working Conditions Award substantiates the company’s dedication to fostering a safe and nurturing environment for its employees. It acknowledges the persistent efforts in accident prevention and the promotion of welfare and health activities for its workforce, a “no-compromise” principle adopted and abided by the company.

In this regard, please find the press release, titled: Venus Remedies Limited Honoured with Best Working Conditions Award 2022

Picture attached.

Requesting you to kindly consider this announcement for coverage.

PRESS RELEASE

Venus Remedies Limited Honoured with Best Working Conditions Award 2022

Chandigarh, September 21, 2023: Venus Remedies Limited, a leading pharmaceutical company, has been conferred with the prestigious Best Working Conditions Award 2022 at the Haryana State Safety, Health & Welfare Awards. This recognition underscores the company’s unwavering commitment to the highest standards of safety, well-being and excellence in the workplace.

The event hosted in commemoration of Rajkiya Shramik Divas celebrated the blood, sweat and tears invested by the diligent workers of Venus Remedies day in and day out. The Honourable Chief Minister of Haryana, Shri Manohar Lal Khattar congratulated the workers and called upon them to live in harmony with each other, thereby righteously celebrating Lord Vishwakarma Day, also called the State Labour Day.

The Chief Minister presented the award, emphasising the outstanding progress Venus Remedies has made in establishing an atmosphere where everyone feels secure, valued and empowered. This achievement reflects the collective hard work, dedication and unity of the entire Venus Remedies family.

The Best Working Conditions Award substantiates the company’s dedication to fostering a safe and nurturing environment for its employees. It acknowledges the persistent efforts in accident prevention and the promotion of welfare and health activities for its workforce, a “no-compromise” principle adopted and abided by the company.

In expressing gratitude for this achievement, Venus Remedies extended heartfelt thanks to each and every member of its team whose dedication, commitment and passion played a pivotal role in securing this distinguished recognition. The company acknowledged that this success would not have been possible without the relentless efforts of its employees.

Venus Remedies Limited remains immensely grateful for the hard work and unwavering support of its team members, and it is committed to strive for excellence. The company’s goal is to create an even safer, healthier and happier workplace for all, solidifying its position as a leader in the pharmaceutical industry.

“Our employees are our greatest assets. We believe that the true measure of our success lies in the well-being and safety of our employees. This award reaffirms our commitment to create a workplace where every individual thrives, and we, as an organisation, will continue to sustain it,” said Venus Remedies Executive Director Akshansh Chaudhary.

Venus Remedies Limited remains committed to its vision of creating a safer, healthier and happier workplace for all. The company’s achievement of the Best Working Conditions Award 2022 serves as a testament to its dedication to the occupational well-being of its employees and its commitment to excellence.

About Venus Remedies

Panchkula-based Venus Remedies Ltd (NSE: VENUSREM, BSE: 526953) is among the 10 leading fixed-dosage injectable manufacturers in the world. Having a commercial presence in 70+ countries with a portfolio of 75 products spread over Europe, Australia, Africa, Asia-Pacific, Commonwealth States, the Middle East, Latin America and the Caribbean region, the company has nine globally benchmarked facilities in Panchkula, Baddi and Werne (Germany), apart from 11 overseas marketing offices. Its manufacturing units are certified for ISO 9001, ISO 14001, ISO 18001 and OHSAS. The company has also been approved by European- GMP, WHO-GMP and Latin American GMP (INVIMA), among others. Ranked 107th in Asia and among the world’s 500 largest pharmaceutical manufacturing companies, Venus Remedies has been granted more than 130 patents worldwide and having more than 125 registered trademarks and 25 copyrights for its innovative research products.

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Sushant Sharma | Assistant Account Manager | Chandigarh

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Optimistic accountants embrace AI as profession shows desire to learn and adapt

ACCA’s Digital Horizons report reflects on how accountants see the role technology will play in their future

Chandigarh, 21 September 2023: Financial
professionals share a sense of optimism about digital transformation including AI (artificial intelligence).

A survey among members of ACCA (the Association of Chartered Certified Accountants) sees a range of key organisational benefits
in adopting digital technologies including flexibility/adaptability, quality of products and services, sustainability performance, transparency and regulatory compliance (72%).

However, The
Digital Horizons survey
– which garnered 1,074 responses from ACCA members across the globe – noted that financial professionals still see the main benefit of technology as offering efficiency/process improvements: 52% ranked efficiency, internal process optimisation or cost savings
in their top three objectives when adopting a new technology.

Only 18% included competition-related reasons, such as responding to customer demands, enhancing market insights, introducing 24/7
capabilities, or maintaining competitive advantage.

Cost remains the top challenge when adopting technology, but organisational culture also remains a critical factor in successful
adoption.

Welcoming the report
Md. Sajid Khan, Director – India at ACCA said:
‘We know that finance and accountancy professionals in India are keen adopters of technology. They
see technology as empowering them and helping them add value. We look forward to seeing accountants continuing to learn about AI and using the benefits of AI to help transform business and accounting practices.’

The survey did see a more mixed response to how technology supports personal objectives. Productivity (cited by 85% of respondents),
collaboration (76%) and career development (65%) were all strong but fears over job security were apparent, only 30% saying technology was supportive in that respect. The impact on career development was notably positive, with many roundtable discussions revolving
around access to learning and more flexible opportunities.

Leadership emerged as a key theme in both the survey and the roundtables.
Alistair Brisbourne, head of technology research ACCA,
said:
‘Leadership is generally considered to be a cornerstone of successful innovation and yet it can seem
quite vague as a concept when applied to digital transformation. At its core, embracing digital leadership means fostering a culture of innovation, encouraging continuous learning, and being open to change.

‘When we analyse the findings, it is clear that leadership is a fundamental trait of the most innovative organisations,
and this tends to coincide with greater individual confidence amongst employees. Digital leaders inspire the confidence to embrace new tools and methodologies, such as AI and advanced analytics, which can dramatically transform processes.’

ACCA members show a high level of trust in artificial intelligence (AI). 70% agreed with the statement ‘AI can increase the amount
of time I have to focus on business-critical tasks’ – only 9% disagreed, with 15% neutral. They were less sure of the idea of AI performing business critical tasks (50% agreeing, 21% and 22% disagreeing or neutral) but even so the numbers reflected a sense
of optimism.

Although just under one-fifth report the implementation of AI within their organisation, and another 8% are trialling initiatives,
there are clearly great aspirations and a considerable opportunity to leverage these new capabilities.

Digital Horizons underlines the idea that the finance profession is well-situated to benefit from these technologies but realising
their potential could require a mindset shift – thinking beyond mere efficiency gains towards a deeper understanding of value – as well as an adaptation of skills and practices.

Brisbourne said:
‘To a significant extent, AI is still thought about in terms of a gradual evolution of existing processes.
From this perspective, the potential of AI is primarily in making the industry more efficient rather than thinking about how it could be fundamental to driving value related to new and existing demands.’

Basic AI literacy is key. Finance professionals must understand the capabilities, limitations and potential applications of AI
within their specific domains. Marrying technical skill sets with strategic understanding will be essential to harness the true potential of technologies such as AI.

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Venus Remedies extends its oncology portfolio in South Eastern Europe with Serbian marketing approval for gemcitabine and docetaxel

Sakht Khabar correspondent,

Chandigarh, September 20, 2023: Signifying a major landmark in its pursuit of building on its oncology portfolio in South Eastern Europe, Venus Remedies Ltd, a well-known provider of affordable cancer drugs worldwide, has secured marketing authorisation from Serbia for gemcitabine and docetaxel, widely used chemotherapy drugs beneficial in the treatment of various types of cancer.

With this, the company has secured 511 marketing approvals for its oncology products across 66 countries.

Oncology drugs constitute the largest proportion of the Serbian pharmaceutical market (projected to reach US$397.40m in 2023), where Venus Remedies has secured five marketing approvals, all in the oncology space. The high prevalence of breast cancer, ovarian cancer, pancreatic cancer and cancers of the lung and intestine is a key driver of the global oncology market, which was valued at US$ 286.04 billion in 2021 and is projected to reach US$ 536.01 billion by 2029 at a compounded annual growth rate (CAGR) of 8.2 per cent from 2021 to 2030.

Terming the achievement as another important step towards achieving the company’s goal of emerging as a leading oncology medicine supplier from India in South Eastern Europe and the Balkan region, Aditi K. Chaudhary, President, International Business, Venus Remedies, said, “We have more than 40 marketing authorisations in South Eastern Europe and Balkan region, including nine for oncology drugs, and we are now banking on the product registrations for gemcitabine and docetaxel from Serbia to pave the way for faster approvals for cancer medicines in other countries in this part of Europe.”

Extending its reach in the Balkans and Eastern Europe, Venus Remedies secured a marketing authorisation for gemcitabine from Bosnia a few months ago, which was followed by marketing approvals for docetaxel from Georgia and two other key cancer drugs from Moldova.

“These marketing approvals will not only enable us to expand our operations to new geographies but also reaffirm our commitment to open new avenues for advanced cancer treatment. The marketing authorisation from Serbia is a significant milestone that will help improve access to affordable cancer drugs in the region.” said Aditi K. Chaudhary.

Tata Steel welcomes TNFD recommendations on nature-related issues

~ The TNFD recommendations are a key milestone in positioning the importance of nature risk alongside financial, operational, and climate risk and helping to shift capital flows to nature-positive outcomes ~

~ The TNFD recommendations provide companies and financial institutions of all sizes with a risk management and disclosure framework to identify, assess, manage and, where appropriate, disclose nature-related issues ~

Executive summaryersion 1.0 September 2023

Chandigarh, September 20, 2023: Tata Steel welcomes the publication of the Taskforce on Nature-related Financial Disclosures (TNFD) final recommendations on nature-related risk management and disclosure. After a two-year open innovation process, these recommendations will guide companies and capital providers towards more informed decision-making and ultimately contribute to a shift in global financial flows toward nature-positive outcomes and the goals of the Kunming-Montreal Global Biodiversity Framework.

Koushik Chatterjee, Executive Director and Chief Financial Officer, Tata Steel, and a member of the TNFD Taskforce, welcomed the guidelines and said: “The TNFD has taken important steps in promoting nature-related risk management and disclosure, and we look forward to applying these recommendations towards addressing nature-related risks, impacts, and dependencies, enabling us to align our corporate reporting with global policy goals and mark a significant step towards a sustainable future.”

The release of the TNFD’s 14 disclosure recommendations and implementation guidance comes at a critical time, with rapidly growing interest across policymakers, regulators, asset owners, asset managers and leading global companies, on nature and biodiversity issues.

The recommendations build on those of the Task Force on Climate-related Financial Disclosures (TCFD) and are consistent with the global sustainability standards of the International Sustainability Standards Board (ISSB) and the impact materiality approach used by the Global Reporting Initiative (GRI) and incorporated into the new European Sustainability Reporting Standards (ESRS).

Importantly, the TNFD recommendations are also aligned with the requirement of Target 15 of the Global Biodiversity Framework for corporate reporting.

Mahindra Unveils Bolero Neo+ Ambulance

Chandigarh, September 20, 2023:Mahindra & Mahindra Ltd., the leading SUV maker in India, proudly announces the launch of the Bolero Neo+ Ambulance today. Built to fully comply with AIS:125 (Part 1) norms that govern the Type B Ambulance segment, the Neo + stands out for its superior OEM-level of build quality coupled with a versatility that will appeal to buyers in big cities, smaller towns and upcountry locations.

The Neo+ shares the same tough underpinnings of the Bolero Neo, launched in 2021, but with a longer wheelbase for a more spacious cabin and a more powerful 2.2L mHawk engine to suit the requirements of ambulance owners and operators across different markets.

The Bolero Neo+ Ambulance is priced at ESR Rs. 13.99 Lakh, with a Government e-Marketplace (GeM) pricing of Rs. 12.31 Lakh.

Mr. Nalinikanth Gollagunta, CEO – Automotive Sector, Mahindra & Mahindra Ltd., said, “With the launch of the Bolero Neo+ Ambulance, we reinforce our commitment to nation-building. The Bolero brand has long served sectors meant to improve and secure communities and the public at large. Ranging from the Police, Army and Paramilitary forces, to government departments engaged in firefighting, forestry, irrigation and public works, all have relied on Bolero-badged SUVs for its robustness and performance in diverse operational environments. The Bolero Neo+ Ambulance, with its versatile performance, continues this legacy by expanding accessibility to healthcare services, especially for, but not limited to, those in the remote areas of smaller towns and upcountry locations.

IHCL UNVEILS TAJ THE TREES IN MUMBAI

Sakht Khabar Correspondent,

Chandigarh SEPTEMBER 20, 2023:

Indian Hotels Company (IHCL), India’s largest hospitality company,today announced the opening of Taj The Trees, Mumbai. Nestled in greenery overlooking the mangroves and the eastern shoreline, the eco-sensitive hotel is inspired from the international modernity of the city.

Mr. Puneet Chhatwal, Managing Director & CEO, IHCLsaid, “We are excited to bring the fifth Taj hotel to Mumbai, our newest addition in Taj’s home city. Taj The Trees in the evolving micro-market of Vikhroli is strategically located in proximity to significant commercial hubs and the upcoming Navi Mumbai international airport.”

He added, “This uniquely designed hotel celebrates the essence of Tajness with the spirit of Godrej Properties’ built legacy of sustainable developments across India. We are delighted to partner with the prestigious Godrej Group for this hotel.”

The 151 keys, Taj The Trees is situated in a mixed-use development spread across 34 acres in the midst of a buzzing urban metropolis – a natural oasis with unrivalled views of the verdant mangrove reserve.Shamiana the signature all day diner offers global cuisine and local favourites. The speciality restaurant,Nonya with subtle Shanghai Deco influences, serves authentic pan Asian cuisine. Guests can enjoy dishes inspired by mangroves of the world at the rooftop The Mangrove Bar with its own gin distillery. The luxurious banquet spaces opening into a private courtyard garden include a 7,000 sq. feet ballroom. Recreational facilities include a state-of-the-art gym, an infinity pool overlooking the magnificent Sculpture Park, the beauty salon Niu&Nau and the spa, J Wellness Circleinspired by traditional Indian healing wisdom.

Mr. Vivek Sharma, General Manager, Taj The Trees, Mumbai, said, “Taj The Trees, a stylish and sophisticated hotel is a showcase of sustainable luxury, perfect for both business as well as leisure travellers. I look forward to welcoming guests to the city’s new address.”

Taj The Trees, an archetype of modern sustainable design ethos is a 100% green power hotel. With natural sunlight used for lighting 56% of occupiable spaces, green certified room amenities and glass water bottles, the zero single use plastic hotel is IGBC Platinum certified.

Check into the green pin code of Mumbai and explore its surroundings with curated experiences of ‘Nature Trails’, ‘Sculpture Park Walk’, or find the right cheese to pair on ‘The Grape Escape’.

With the addition of this hotel IHCL will have 12 hotels in Mumbai with 2 under development.

To Know more and make your booking, please visitTaj The Trees, Mumbai

The Climate Pledge and C40 Cities Partner to Launch Laneshift, an International Initiative to Decarbonize Freight Trucks in Developing Countries

The Climate Pledge committed $10M to C40 Cities to kick-start the development and deployment of zero–emission electric trucks and charging infrastructureacross major cities in India and Latin America

SEATTLE—September 19, 2023—The Climate Pledge—co-founded by Amazon (NASDAQ: AMZN)and Global Optimism—and C40 Cities today launched Laneshift, a partnership to tackle carbon emissions through zero-emission freight by reimagining medium- and heavy-duty shipping vehicles and the routes they travel.

Road freight is a major source of air pollution and one of the most important sectors to decarbonize, but it’s also one of the most challenging. And according to the Global Commercial Vehicle Roadmap for reaching 100% zero emission commercial trucks sales by 2040, cities will need to be saturated with electric vehicle (EV) trucks by 2030 in order to meet that target.[1] Laneshift is designed to help make that possible. In partnership with cities, Laneshift will accelerate the development EV infrastructure and the deployment of EV trucks across cities in India (Bengaluru, Delhi, Mumbai, and Pune) and Latin America (Bogotá and Medellin, Colombia; Curitiba and Rio de Janeiro,Brazil; Quito, Ecuador; and Mexico City, Mexico), reducing emissions, cleaning up the air, generating green jobs, and working towards a just transition for workers.

In 2020, road freight emitted more than 2.2 billion metric tons of CO2[2]—that’s two times more emissions than air, sea, and rail freight combined—and current projections suggest it’s not set to slow down. Through Laneshift, The Climate Pledge, C40 Cities (a network of mayors from around the world),private and public sector stakeholders, city governments and non-government organizations will all work together to help equitably reduce and avoid greenhouse emissions. The organizations will also contribute to cleaning up dirty air that impacts vulnerable communities in some of the largest and most densely populated cities in Latin America, where road freight is expected to double by 2050,[3]and in India, where urban freight is projected to grow by 140% by 2030.[4] By sending demand signals and collaborating across transportation and logistics sectors, Laneshift will help create a roadmap for how the freight industry and cities can work together to accelerate the transition to EV freight. This locally focused initiative complements Amazon’s federal and regional efforts in these countries.

“Cities in Latin America and India offer excellent opportunities to lead the way for electrification of trucks, and collaboration in these regions are critical to accelerating the transition to a cleaner, healthier environment,” said Kara Hurst, vice president and head of Worldwide Sustainability at Amazon. “Laneshift provides a platform to bring stakeholders together to move faster.”

“Road freight is a high priority for decarbonization and a difficult sector to tackle. Laneshift will bring together cities and businesses that are at the leading edge of climate action, through this unique partnership between C40 and The Climate Pledge. This is the kind of collaboration that will be essential for success,” said Tom Rivett-Carnac, founding partner of Global Optimism.

Laneshift will also ask Climate Pledge signatories,and a variety of other companies including financiers and original equipment manufacturers, to join the initiative to catalyze climate action in the transportation sector.

“Road freight is a major source of global emissions. To meet net-zero emission targets, we need to urgently electrify truck fleets. Laneshift will help to lay the groundwork for the adoption of EV vehicles in India and Latin America by decarbonizing freight in cities, resulting in cleaner air and good, green jobs even beyond city borders,” said Mark Watts, executive director at C40 Cities.

C40 Cities is a network of nearly 100 mayors of the world’s leading cities working to deliver the urgent action needed right now to confront the climate crisis and create a future where everyone, everywhere can thrive. Mayors of C40 Cities are committed to using a science-based and people-focused approach to help the world limit global warming to 34.7 degrees Fahrenheit (1.5 degrees Celsius) and build healthy, equitable, and resilient communities. Through a Global Green New Deal, mayors are working alongside a broad coalition of representatives from labor, business, youth climate movement, and civil society to go further and faster than ever before.

“Curitiba is already transitioning to electric buses, but our plan is to accelerate the shift toward electric freight vehicles as well, as it is insufficient to use electricity just to move people: We must use it to move goods, as well. Let us use all of the tools at our disposal to address the growing climate crisis. The planet needs to be protected as humanity cannot tolerate extreme temperature increases,” said Rafael Greca, mayor of Curitiba, Brazil.

“Mumbai is a major freight hub. With support from C40 and The Climate Pledge, we’ll be able to accelerate the much-needed electrification our fleet not just in the city, but across Maharashtra and beyond. Laneshift will be good for our people and our planet,” said Iqbal Singh Chahal, the municipal commissioner & administrator of Brihanmumbai Municipal Corporation.

Amazon continues to decarbonize its own transportation network with multiple EV partnerships around the world. In 2022, Amazon had more than 9,000 electric delivery vehicles (EDV) in its global fleet and delivered over 145 million packages using EVs in the U.S. and Europe. Today, Amazon has more than 5,000 Rivian EDVs operating in the U.S., and it recently announced the first 300 to hit the road in Germany, helping the company achieve its goal of having 100,000 Rivian EVs on the road by 2030. The company is also on track to have 10,000 EVs in India by 2025.

For more information on the Laneshift program, please email laneshift@theclimatepledge.com.

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[1] https://globaldrivetozero.org/site/wp-content/uploads/2022/06/Global-Roadmap-for-Reaching-100-Zero-Emission-Medium-and-Heavy-Duty-Vehicles-by-2040_63022.pdf

[2] https://climate.mit.edu/explainers/freight-transportation

[3] https://climate.mit.edu/explainers/freight-transportation

[4] https://rmi-india.org/insight/enhancing-urban-freight-systems/

ACC’s Green Building Centre isRevolutionizing the Construction Industry by Pioneering in Sustainable Solutions and Expanding Horizons

Sakht Khabar correspondent,

Chandigarh, 18 September 2023:

ACC, the cement and building material company of the diversified Adani Group, is delighted to announce that its Green Building Centre, a pioneer in sustainable construction solutions in India, reaffirms its unwavering commitment to revolutionizing the construction industry. In FY2022-23, ACC’s Green Building Centre achieved remarkable milestones by introducing innovative concrete products across various regions of India, including Kullu, Patiala, Paonta Sahib, Kangra, and beyond. These groundbreaking additions, including Kerb Stones, Hollow and Solid Concrete Blocks, RCC Saucer Drain Covers, and Tactiles, have significantly extended ACC’s influence on the construction landscape.

ACC’s Green Building Centre has consistently adhered to the triple bottom-line approach, emphasizing social, environmental, and financial performance. This dedication to excellence has driven the expansion of the product range, amplifying the Company’s impact and influence in the construction sector.

Mr. Ajay Kapur, CEO, Cement Business, said, “Sustainability remains at the heart of our mission. Our Green Building Centre products, including Blocks and other Concrete Products , are meticulously designed to have a minimal carbon footprint, contributing to a greener and more sustainable future. They are energy-efficient and promote superior insulation, ultimately reducing energy consumption in buildings.”

Moreover, ACC’s commitment to being environmentally friendly doesn’t come at a premium. The products are cost-competitive and offer long-term savings through reduced maintenance and energy costs, making them the intelligent choice for builders and developers.

The newly introduced product offerings include:

1. Kerb Stones: ACC’s high-quality Kerb Stones provide durable solutions for defining roadsides and pathways. They offer both aesthetic appeal and robust performance, making them a preferred choice for urban development projects. Additionally, they are employed as road dividers and for locking pavers in landscaping.

2. Hollow and Solid Concrete Blocks: These versatile blocks are essential building components renowned for their strength and insulation properties. ACC’s commitment to eco-friendly materials ensures that these blocks meet the highest standards of quality and sustainability.

3. RCC Saucer Drain Covers: ACC’s RCC Saucer Drain Covers offer effective drainage solutions with a focus on durability and safety. Engineered to withstand heavy loads exceeding M-30 Mpa, they ensure efficient water management, making them ideal for infrastructure projects.

4. Tactiles: Tactiles are an essential part of accessible infrastructure. ACC’s Green Building Centre’s Tactiles are designed with a focus on providing safe and convenient pathways for all individuals, including those with disabilities.

In addition to these recent achievements, ACC’s Green Building Centre remains committed to ongoing innovation. The Company continues to explore opportunities to introduce new, eco-friendly products in previously untouched geographies. This forward-looking approach ensures that ACC remains at the forefront of sustainable construction solutions, empowering communities and fostering a greener, more prosperous India.

ACC’s Green Building Centre is a leading provider of sustainable construction solutions in India. Committed to the triple bottom-line approach of social, environmental, and financial performance, ACC’s Green Building Centre of Excellence empowers local entrepreneurs and transforms communities through eco-friendly building materials and services.

Apprenticeship demand anticipates 70-80% surge within Auto-Sector, says TeamLease Degree Apprenticeship

Chandigarh, 18^th September 2023: India’s automobile sector is poised for substantial growth in apprentice recruitment, with expectations of an impressive surge ranging from 70% to 80%, according to TeamLease Degree Apprenticeship, the country’s premier privately-owned Degree Apprenticeship program. TeamLease has gathered this data through a careful assessment of industry relations and an in-depth understanding of the apprenticeship market’s demand dynamics. The anticipated boom in apprentice recruitment can be largely attributed to the sector’s robust performance, which is influenced by macroeconomic factors and positive industry sentiments across all its segments.

One significant factor contributing to this anticipated growth is the extension of the Production-Linked Incentive (PLI) scheme for the automotive sector. Originally scheduled to run from 2022-23 to 2027-28, this scheme’s extension promises to usher in a new era of growth and increased employment opportunities within the sector.

This encouraging trend is evident in various regions, including the states of Gujarat, Uttarakhand, Madhya Pradesh, and metropolitan cities like Pune, Chennai, and Bengaluru. To meet the evolving demands of this dynamic industry, there is a pressing need for comprehensive skilling and re-skilling initiatives, particularly to align with technological transformations such as EVs and connected-car technologies. In response to these challenges, degree-linked apprenticeships in the automotive sector are emerging as a solution, offering access to sought-after roles such as Automotive Service Technicians, Assembly Line Operators, and Shopfloor Engineers. These programs also provide competitive stipends ranging from INR 12,500 to INR 13,300 per month.

Sharing his views on this remarkable surge, Mr. Sumit Kumar, Chief Business Officer, TeamLease Degree Apprenticeship, said, “We believe that apprenticeship programs are the foundation of skilled talent development in the automotive industry. The extension of the PLI scheme, with its ₹25,938 crore investment, is a testament to the sector’s immense growth potential. The government’s expectation of creating 1.48 lakh fresh jobs is proof of the scheme’s potential impact. As of now, approximately 21,123 workers have already been employed, showcasing the industry’s rapid growth. However, this accelerated pace has also shed light on the skills gap within the sector.”

The extension reinforces India’s standing as a global manufacturing hub, especially in the field of electric vehicles (EVs). Notably, the ‘Component Champion Incentive Scheme,’ a part of the broader PLI scheme for the automobile sector, has attracted approximately 75 new entrants, including industry giants such as Maruti Suzuki, Hero MotoCorp, Bosch, Hero Cycles, Minda Corporation, and Toyota Kirloskar Auto Parts.

He further added, “Through degree apprenticeship program, young talents will be empowered with specialized knowledge in cutting-edge areas such as Electric Powertrain Technology, Battery Technology, and Electric Vehicle Charging Infrastructure. This hands-on experience equips them to excel in roles that are not only pivotal for the future of automotive manufacturing but also address the current industry demand. Thus, we are not only bridging the talent gap but also ensuring a brighter and more technologically advanced future for both the industry and its workforce.”

In addition, the shift towards alternate fuels within the automobile sector, including EVs and other sustainable technologies, is driving the need for talent with expertise in these areas. This further underscores the importance of apprenticeships in preparing the workforce for the future.

The industry’s increasing adoption of women apprenticeships signifies a strong commitment to fostering an inclusive workplace environment and advancing gender equality

Talent creation is one of the significant outcomes of degree-linked apprenticeships. By providing a structured pathway for skill development, these programs nurture a pipeline of talented individuals who are well-equipped to meet the demands of the industry. Employers benefit from a pool of skilled and trained workers who are ready to contribute effectively to the workforce.

Honda India Foundation honoured with ‘BHAMASHAH AWARD’ for remarkable contribution in education sector in Rajasthan

Chandigarh, 18 September 2023: Recognizing its unwavering commitment towards enhancing the educational landscape in the state of Rajasthan, Honda India Foundation was awarded with the prestigious“BHAMASHAH AWARD’’ by the Government of Rajasthan.

The ‘Bhamashah Award’ is a symbol of excellence and innovation and the 27^th Bhamashah Samman 2023 was organized on 11 Sept’23 at Birla Auditorium, Jaipur, Rajasthan. In a heartwarming gesture, the education department praised Honda India Foundation for being actively engaged in various educational initiatives aimed at empowering students and creating a brighter future for the youth in the rural areas of Rajasthan.

The felicitation ceremony was conducted in the august presence of Mr. Bulaki Das Kalla – Education Minister, Rajasthan, Mr. Navin Jain- Secretary & Commissioner at Government of Rajasthan, and Mr. Kaana Ram- Director, Panchayati Raj Department, Rajasthan among other eminent guests from Education department of Rajasthan.Mr. Satyaprakash Patil, Operating Head- CSR and Ms. Anu Mehta, Division Head- CSR and other representatives from Honda, accepted the Bhamashah Award on behalf of Honda India Foundation.

Major Projects Undertaken for Promotion of Education in Rajasthan:

• Infrastructure Development: Invested heavily in infrastructure improvements, constructing modern classrooms, libraries, and sanitation facilities for the youth of Rajasthan.
• Educational Resources: Provided educational materials and learning aids to facilitate a more encouraging learning environment.
• Teacher Training: Organized training programs for teachers, equipping them with innovative teaching methods and strategies.
• Extracurricular Activities: Initiated various extracurricular programs, including sports, music, arts, and cultural events, to foster holistic development among students.

Honda’s initiatives have had a remarkable impact, leading to significant increases in enrollment rates at schools, a notable decrease in dropout rates, and substantial improvements in academic performance. Both students and teachers have expressed deep appreciation for the positive changes these programs have brought into their lives.

Farmley expands product portfolio with the launch of Sugar Free Date Bites

Chandigarh, September 18, 2023: With an ongoing dedication to quality, innovation, and consumer well-being, dry fruits and nuts specialist brand Farmley has launched Sugar Free Date Bites, a perfect blend of health and taste. Rich in fiber and with no added sugar, the newly launched Date Bites are made with the goodness of 6 ingredients – Pista, Almonds, Dates, Cashews, Honey & Ghee.

With the festive season around the corner, Farmley’s Sugar-Free Date Bites is a delightful addition to the brand’s extensive portfolio of over 100+ dry fruits and nuts products. These Date Bites encapsulate the essence of festivals like Rakhi, offering a healthy yet delicious option for celebrations. As families come together to celebrate the bond between siblings, Farmley’s Date Bites provide a guilt-free indulgence that aligns perfectly with the spirit of sharing and affection.

Talking about the new launch, Akash Sharma, Founder and CEO, Farmley said, “As a brand, Farmley has always strived to innovate and elevate the snacking experience for our valued customers. With the introduction of Farmley’s Date Bites, we continue our journey to create products that reflect our passion for quality and well-being.”

Farmley’s products, including the newly launched Date Bites, are available across various online commerce platforms such as Amazon, Flipkart, Blinkit, Zepto, and Instamart. Farmley has created strong back-end connections with more than 5000 farmers and producers and set up a well organised supply chain network. This relationship not only ensures the highest calibre of ingredients but also bolsters local economies, showcasing Farmley’s commitment to fostering meaningful connections. With an ever expanding range of products that fuse taste and nutrition seamlessly, Farmley continues to pave the way for a healthier and more flavorful future.

Daughters of truck drivers to get Mahindra SAARTHI ABHIYAAN Scholarship for education

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Chandigarh, September 18, 2023: This Drivers’ Day, Mahindra Truck and Bus Division (MTBD), a part of the Mahindra Group, will award scholarships for the daughters of truck drivers, through the Mahindra Saarthi Abhiyaan. Project Mahindra Saarthi Abhiyaan is committed to make a small contribution towards transforming the lives of these girls by supporting their right to a higher education.

Mahindra is one of the first commercial vehicle manufacturers to pioneer this initiative and felicitate the selected candidates with a scholarship of Rs.10,000/- along with a certificate in recognition of their achievement. This endeavour marks another significant milestone in Mahindra Truck and Bus Division’s ongoing commitment to the Truck driver community, which was initiated with the Mahindra Saarthi Abhiyaan in 2014. The initial outreach was conducted through reach out program at 75+ transport hubs pan India and well defined, transparent, and independent process. Until now, 8928 young girls have already benefited from scholarships under the initiative, allowing them to pursue their aspirations.

Speaking on the occasion, Mr. Jalaj Gupta, Business Head – Commercial Vehicles, Mahindra & Mahindra Ltd., said, “Mahindra Saarthi Abhiyaan is committed to empowering women in the Commercial Vehicle ecosystem and aims to improve the lives of the driver community. With this program we are elated to offer the daughters of Truck Drivers the opportunity to dream big and provide them with the support they need to soar towards their career goals. Mahindra Saarthi Abhiyaan has been warmly embraced by our drivers and partners, showcasing its effectiveness in enabling young girls to achieve their dreams.”

The company has planned to felicitate each girl selected for this scholarship by direct bank transfer of INR 10,000 and a certificate in recognition of this achievement. The felicitation will be hosted in Feb-Mar’24 at select locations by Mahindra Truck and Bus leadership India wherein 1100 scholarships will be awarded to Truck Drivers’ Daughters.

DBS Bank India enhances its Gold Loans proposition with new, value-added features

Gold loan book for DBS Bank India increased 26% in 2023 over previous year, leveraging bank’s ‘phygital’ strategy

Chandigarh, September 18, 2023: DBS Bank India has enhanced its offering – DBS Gold Loans – by introducing a range of value-added features in line with its aim to be the ‘Gold Standard in Gold Loans’. The Bank has witnessed encouraging growth in its gold loans business fueled by its expanded network of ~530 branches across 350+ locations, superior customer experience and heightened demand from the agrarian community, primarily in South India.

DBS Gold Loans offer seamless and hassle-free financing for personal and business expenses and are a core part of the Bank’s diversified lending portfolio. The Bank is reimagining the gold loan customer experience to welcome a diverse client base, including salaried professionals, self-employed individuals, and small business owners. Customers can easily access DBS Gold Loans by pledging their gold ornaments and be empowered with attractive interest rates and a promise of premium service standards. In contrast to traditional channels, which are often associated with a lack of transparency, DBS prides itself on a trustworthy experience, having been recognised as the ‘Safest Bank in Asia’ by Global Finance for 14 consecutive years (2009-2022). The Bank has introduced a balance transfer feature, which allows customers to transfer their existing outstanding loan balance from other financial institutions to DBS Bank India, resulting in savings on interest rates and processing fees.

Currently, DBS Bank India’s gold loan book has crossed ₹6300 crores, and the Bank is planning to more than double this figure within the next five years. DBS Gold Loans are designed to meet individual goals, but flexible enough to be tailored for evolving business requirements like managing working capital needs or purchasing equipment and machinery. The goal to be the ‘Gold Standard in Gold Loans’ is derived from the unique benefits offered by DBS such as personalised customer service, speedy loan disbursal within 30 minutes*, higher loan amounts per gram of gold and the Bank’s global standards of safety. The loan quantum ranges from a minimum of INR 25,001 to a maximum of INR 50 lakhs per customer, with competitive interest rates.

Commenting on the new features, Sajish Pillai, MD & Head – Assets and Strategic Alliances, Consumer Banking Group, DBS Bank India said, “We are witnessing exciting trends in the gold loan sector in India and have evolved our offering to cater to a wider audience that could be younger, more urban or more digitally savvy and rightly expects more from their lender. DBS Gold Loans empower individuals and businesses to unlock the true value of their gold assets. We cater to a wide range of financial needs, be it urgent requirements or short-term liquidity solutions for businesses, offering quick disbursal and competitive interest rates. Our robust branch footprint and extensive experience in serving customers in this segment makes DBS Bank India the trusted partner for gold loans. With a compelling product proposition and rising demand in the market, we are well-positioned to grow this offering significantly in the next few years.”

DBS Bank India had run a 360-degree campaign around these new features throughout August 2023. Through the campaign film, the Bank encourages customers to take the gold loan test and choose the option that truly embodies the Gold Standard – DBS Gold Loans. The month-long campaign was promoted through print, digital, radio, in-cinema, and outdoor channels in Tamil Nadu, Andhra Pradesh, Telangana, and Karnataka.

For more information about DBS Gold Loans please visit the website or contact your nearest DBS Bank India branch.

*Disbursal time is subject to verification and completion of all required documentation

Ms. Kiran Sharma, Joint Commissioner, Municipal Corporation, Mohali and Mr Umang Jindal, CEO, Homeland Group, at CP67 Mohali to attend the Flash Mob organised by Municipal Corporation, Mohali, as part of the Indian Swachhata League -Season 2

Ms. Kiran Sharma, Joint Commissioner, Municipal Corporation, Mohali and Mr Umang Jindal, CEO, Homeland Group, at CP67 Mohali to attend the Flash Mob organised by Municipal Corporation, Mohali, as part of the Indian Swachhata League -Season 2

CP67 Mall in Mohali hosted the Flash Mob organised by Municipal Corporation, Mohali, as part of the Indian Swachhata League -Season 2

Johnson’s® Baby reaffirms commitment to mum’s promise, brings 100% ingredient transparency with its new packaging

Chandigarh 15 September 2023 – Johnson’s® Baby, a pioneer in baby skincare takes a big step to bring alive its ‘Promise, Pehle Pal Se’ by showing100% ingredients transparency across its range of baby skincare products. With the new launch, Johnson’s^® Baby makes it easy for mums to see what goes inside its products, its purposeful andBaby Safe ingredients and their relevance to enable new parents to make informed decisions and choose the right products for their babies.

As a global-first for the company, Johnson’s^® Baby has launched an innovative augmented reality (AR) innovation to enable mums to know and discover more about its 100% baby safe ingredients¹. Mums can simply visit a key retail outlet across cities to experience the real time interactive experience using AR and see what’s inside a Johnson’s^® Baby product, its ingredients and their role. With this launch, India becomes the first market globally to experience the AR innovation across certain key Johnson’s® Baby products, which will be gradually scaled to global markets.

Last month, Johnson’s^® Baby launched its latest marketing campaign, ‘Promise, Pehle Pal Se’ whichcaptured the brand’s unwavering commitment to help protect baby’s delicate skin from day 1 with products ‘Designed with Only (Sirf aur Sirf) “Baby Safe Ingredients”. As a brand which has partnered with parents for generations, Johnson’s® Baby recognises their promise to help protect their baby from day 1. With Johnson’s® Baby’s AR innovation, the brand partners with mums and dads in their parenthood journey to make informed decisions to safeguard their baby’s skin.

Guided by a mission to create the safest baby products, Johnson’s^® Baby brings decades of knowledge and science, building a strong foundation to choose Only ‘Baby safe’ ingredients to help protect the delicate skin of a baby. The brand has constantly raised the bar in baby care by creating most advanced formulas by choosing only the safest ingredients. Only 2% ingredients used in personal care industry are able to meet Johnson’s^®Baby global standards of safety and purity which are in baby care products. Its products are backed by rigorous scientific research, with formulas tested by doctors (paediatricians & dermatologists) and have ‘No harmful chemicals’ including parabens, sulphates, dyes etc.

Commenting on the brand’s latest efforts to bring product transparency, Mr. Manoj Gadgil, Business Unit Head & VP Marketing – Kenvue said, “Our new initiative is rooted in deep consumer insights which indicate that that every mom wants to do their best and use only the safest products, however we realise that very few mums understand which ingredients go inside products and are safe for babies.

At Johnson’s^® Baby, it is important to us that parents feel confident on what they choose to use on their babies’ skin. We believe that it is only possible when they have complete transparency and information. As pioneers in baby skincare, Johnson’s® Baby has always designed products to protect a baby’s delicate skin. To further strengthen trust amongst parents and to help deliver their biggest promise to their baby, we have reimagined our packaging and paired it with an innovative AR technology. This offers complete transparency to parents bringing alive the purposeful ingredients that we use and the science behind their usage.”

Johnson’s^® Baby has launched a digital film which captures insights from mothers on the need for baby Safe ingredients while showcasing brand’s commitment to providing them a superior experience with Johnson’s® latest packaging and AR innovation. To drive awareness and connect with consumers, the brand is creating on-ground experiences to bring alive the AR technology across 25000 retail outlets across India . The brand is also planning interactive meets with influencers and mommy communities to share with them the new technology which will help their followers to confidently choose the safest baby products for their babies.

This initiative by Johnson’s^® Baby marks a new era in baby care, aligned to evolving needs of modern parents. Johnson’s^® Baby aims to empower parents with the information they need, building a foundation of trust and care that lasts a lifetime.

Link to digital film: https://youtu.be/GoBNOPzsUz0

IHCL FORAYS IN CONTINENTAL EUROPE, SIGNS A TAJ IN FRANKFURT, GERMANY

Chandigarh, SEPTEMBER 15, 2023: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced that it is stepping into Continental Europe with the signing of Taj Hotel Hessischer Hof at Frankfurt in Germany. Frankfurt’s landmark hotel, after extensive renovations will join the illustrious list of iconic Taj hotels around the world. Signed under an operating lease arrangement, it will reopen in 2025.

Mr. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL said, “This is a milestone in IHCL’s journey as we expand our footprint in key international gateway cities. Frankfurt, a vibrant metropolis is one of Europe’s most dynamic destinations. We are very proud to gain a foothold in such an iconic structure and to be able to reopen it with new splendour.”

“For over a century, Taj renowned for its world-class service of genuine warmth and sincere care will now bring the quintessential Taj hospitality to Frankfurt. We are delighted to partner with Peakside for this venture.” he added.

The hotel was built in 1952 on a former city palace site, owned and operated by the Prince of Hessia as a member of The Leading Hotels of the World. The 134-room Taj Hotel Hessischer Hof is centrally located in close proximity to the Frankfurt trade fair grounds – one of the largest conventions and meeting spaces in Germany.

“Frankfurt is a major international crossroads where we will set new standards for luxury hotels while also achieving a milestone as the first Taj hotel in continental Europe,” says Boris Schran, Managing Partner at Peakside. “We are confident that our new concept will offer exactly what German and international travellers are looking for as they come to Frankfurt.”

As part of extensive refurbishment, the new design will feature modern accents while at the same time preserving the architectural integrity of the historical structure. After making its mark in London, Cape Town and Dubai, Bombay Brasserie, the restaurant famed for its eclectic Bombay and Indian cuisine, will enter Frankfurt. The Chambers, India’s first exclusive business club will have a new outpost at Taj Hotel Hessischer Hof. Guests can relax at the legendary Jimmy’s Bar with its fabled character. Its elegant banqueting spaces are perfect for business meetings and its recreational facilities include a spa, fitness area and a winter garden.

“Right from the start, the most renowned hotel operators showed strong interest in the Hessischer Hof,” adds Simon Lutz, Partner at Peakside. “A key reason for the choice of the internationally renowned hotel group IHCL was their many years of demonstrable experience as an excellent operator of luxury hotels. Through our joint plans, we will build upon this hotel’s rich legacy under the new brand.”

Frankfurt, Germany’s financial capital is a global hub for commerce, culture, education and tourism. It is the site of many global and European corporate headquarters.

Pidilite Industries and Kaushalya – The Skill University Unveil India’s First-of-Its-Kind Centre for Advance Skills for Woodworking and Plumbing

~ Innovative Collaboration Addressing Industry Demand for Advanced Skill Development in Woodworking and Plumbing~

~Offering Bachelor Courses for the First Time~

Chandigarh, 15^th September, 2023: Pidilite Industries Ltd., a leading manufacturer of construction and specialty chemicals, as well as art and craft products, has joined forces with Kaushalya – The Skill University (KSU), Govt. of Gujarat, to launch the Pidilite Woodworking and Plumbing Centre for Advanced Skills (PWP). The facility was recently inaugurated by Hon’ble Minister Shri. Balvantsinh Rajput, Industries, Micro, Small and Medium Industries, Cottage, Khadi and Rural Industries, Civil Aviation, Labour, Skill Development and Employment, Govt. of Gujarat.

For the first time in India, the PWP center emerges as a cutting-edge hub for advanced woodworking and plumbing skills. This pioneering initiative by Pidilite and KSU directly addresses the rising demand for skilled professionals in these fields. Equipped with state-of-the-art machinery, including CNC Machines, Band Saw, Cold Press, and more, the center offers tailored degree, diploma, and certificate courses for beginners and experienced practitioners. Emphasizing Trainers Training, research, and support for skill competitions, PWP sets a new standard for skill development in the country.

Commenting on this collaboration, Dr. Pankaj Shukla, Senior Vice President – CSR & Special Projects, Pidilite Industries said, “Pidilite Woodworking and Plumbing Centre for Advanced Skills (PWP) is a remarkable milestone that reflects Pidilite’s unwavering commitment to closing the gap between foundational training and advanced skills. This pioneering collaboration is not only about skill development but also about equipping the workforce with the necessary tools to excel in today’s rapidly evolving industries. With state-of-the-art facilities and innovative courses, PWP is set to redefine skill enhancement, enabling individuals to thrive and contribute effectively to the dynamic demands of the industry.”

The Furniture Design and Manufacturing Course, affiliated with KSU, has seen remarkable interest with quite a number of student already enrolled. It offers a balanced 20:80 mix of theory and hands-on training at the Kubernagar ITI campus in Ahmedabad. PWP’s innovative approach and top-notch facilities have earned praise from notable figures like Dr. Lawrence Pratchett, CEO of the Australian School of Global Studies, and industry leaders, highlighting its crucial role in bridging the gap between fundamental education and advanced expertise.

The collaboration between Pidilite and KSU signifies a significant step towards empowering the woodworking and plumbing sectors with highly skilled professionals, poised to meet the evolving demands of the industry.

DCB Bank backs a programme to enhance agriculture productivity and provide sustenance for cattle

The comprehensive rural community initiative created 40 ‘Holiyas’,
boosting groundwater development, amongst other benefits

Chandigarh, September, 15, 2023: Grappling with groundwater depletion, Patan district in Gujarat has an overall area of 387,101.53 hectares with 154,385 cultivators, making agriculture the most popular occupation where most cultivators (58%) are small and marginal farmers. After discussions with farmers, DCB Bank’s implementation partner, Ashray, found that during heavy rains, waterlogging damages crops, triggers soil erosion and disrupts fences, causing income loss due to slow water absorption.

Over time, both agriculture and dairy are facing the impact due to water scarcity and water salinity. This adversely impacts livelihood options. Moreover, adequate region-specific strategies for boosting fodder yield can positively impact cattle productivity. Fodder is dependent available water supply, as the local ‘Rachko’ crops provide green fodder for only four months annually. Thereafter, farmers face difficulties in storing fodder as it rots because of moisture.

It is in this space that DCB Bank sought to assist the local community with the help of experts brought in by the programme implementation agency Ashray. The community needs assessment was coopted with the programme. Ashray determined that the innovative ‘Holiya’ system, would be ideal in preventing crop damage from water inundation and conserving rainwater for year round agricultural use in Santalpur taluka, Patan district, Gujarat. Additionally, cultivating Napier grass – a valuable livestock fodder resource for the community was a part of the package of practices for the community. Aligned with the UN’s Sustainable Development Goals, the collaborative project contributes to better health, access to water, sustainable livelihood, and biodiversity conservation. The ‘Holiya’ structure was instrumental to enhance the quality of groundwater. Given the harsh topography and salinity issue, ‘Holiya’ intake of non-saline rainwater suppressed six times its volume of below the ground saline water.

Requiring around four months from September to December 2023, this sustainable livelihood initiative involved the construction of 40 Holiyas across eight tribal villages in Santalpur taluka: Bamroli, Jarusha, Korda, Unrot, Zekda, Dabhi, Jamvada and Zanzansar. After consulting with the Gram Panchayat representatives and local administration, the direct beneficiaries numbering 40 were selected. The salutary impact is widespread with around 1,200 indirect beneficiaries from two hundred local community families using Holiya water for household purposes. Additionally, forty farmer beneficiaries received 2,500 Napier grass saplings that were planted in the fields. The improved availability of water for farming enabled farmers to cultivate both Ravi and Kharif crop in the year, a valuable outcome of better agricultural productivity.

Moving the needle of sustainability, Napier grass yielded five yearly harvests from a single planting. The outcome? Better livestock productivity with green fodder. While the highly nutritious Napier grass has improved milk quality, the groundwater table has been elevated, and reduced salinity ensures that farmers practice year-round cropping and garner better income from the harvest. Better moisture content has also improved soil quality and gradually improve land health. Significantly, crop damage caused by clogged rainwater has been controlled, indicating better days are here for local communities.

Star Health simplifies health insurance purchases; launches dynamic UPI QR Code based Payments

• Star Health promotes ‘Make in India’ initiative; introduces dynamic UPI QR code based payment options
• Powered by NPCI, UPI QR code based payment system enhances customer experience, safety and simplifies insurance purchases especially in rural India
• Shortens payment journey, reduces transaction time, increases customer satisfaction
• Supports IRDAI’s vision of Insurance industry embracing UPI payments across India

Chandigarh, 15 September 2023: Star Health and Allied Insurance, the leading Health Insurance Company in India, today announces a significant move towards transforming the insurance payment landscape with the launch of its dynamic UPI QR code-based payment option for policy purchases and renewals. The customized solution simplifies the customer purchase experience to a few clicks. Star Health also launched personalized UPI payment intent links to enhance customer ease. This cutting-edge initiative, enabled by the National Payments Corporation of India (NPCI), represents a paradigm shift in the adoption of modern technology driven payment solutions. The initiative furthers Star Health’s customer centricity, enhances customer experience and convenience while ensuring seamless and secure transactions.

The dynamic UPI QR code, integrated into payment reminder emails, empowers customers to complete their transactions within seconds. All essential payment details, including the premium amount, are pre-fed into the QR code, simplifying the payment process and eliminating the need for manual premium amount entry. With a simple scan of the customized code, customers can make payments within a few seconds, ensuring a hassle-free, error-free and efficient experience.

Star Health’s unique customized UPI payment intent link improves universal accessibility, enabling customers to complete transactions with ease on any mobile phone. Upon clicking the link, the UPI app launches promptly, and in cases where multiple UPI apps are present, customers are prompted to choose their preferred app. The payment details, including the premium amount, are automatically loaded into the chosen app, and customers can authenticate the payment using their UPI PIN, culminating in a seamless purchase experience.

Mr. Anand Roy, MD & CEO of Star Health & Allied Insurance Co. ltd., said, “Catering to our customers’ ever-evolving needs and preferences, we are delighted to introduce our dynamic QR code & intent link based UPI payment options. This initiative reaffirms our commitment to adopting the latest in payment technology, making us a leading insurer in providing cutting-edge solutions to our valued customers. At Star Health, we prioritize the safety and convenience of our customers, and the adoption of customized UPI payment solutions reflects our dedication to providing seamless, efficient, and secure payment experiences. With this development, we empower all our customers to embrace a new era of insurance transactions.”

“By streamlining the payment journey, we empower our customers to secure their insurance with just a scan and a click. Adoption of a dynamic QR code-based UPI process is a testament to Star Health’s continuous pursuit of excellence & innovation. Embracing UPI payments aligns perfectly with the Government’s ‘Make in India’ vision and IRDAI’s transformative goals for the insurance sector.” added Mr. Chitti Babu, Chief Innovation Officer, Star Health & Allied Insurance Co. ltd

Mr. Kunal Kalawatia, Chief of Products, NPCI, said “Unified Payments Interface (UPI) has gained significant popularity as one of the most preferred modes of payment in the country, owing to its convenience and wide acceptability. We are delighted that customers of Star Health and Allied Insurance will now have swift access to UPI-based payment options for their insurance-related transactions. The seamless, efficient, and secure payment choices offered through UPI will undoubtedly pave the way for a digitized insurance ecosystem in India. With financial inclusion at the forefront of the nation’s economic agenda, the integration of UPI will make the process of policy renewal and purchases more accessible, thereby, further propelling the penetration of the Insurance sector in India.”

Star Health’s UPI QR code and UPI payment intent link based payment system significantly shorten the payment journey, reducing transaction times to a matter of seconds and delivering a hassle free experience.

Uber’s Driver Advisory Council expands to 9 cities

Introduces changes basis feedback to enhance transparency and ease of use

Chandigarh, 15 September 2023: India’s first Driver Advisory Council (DAC), formed as a pioneering effort to provide gig workers a platform to discuss important issues and improve their platform experience, has expanded to 9 cities. The council is a flagship initiative led by Aapti Institute, a Bengaluru-based think tank, that serves as a third-party Independent Review Board (IRB), in collaboration with Uber. It represents the interests of tens of thousands of driver partners across cars, auto-rickshaws, and motorbikes, and facilitates a better two-way dialogue between them and the platform. The new Council will have representation from 3 new cities – Jaipur, Guwahati and Kochi, in addition to the existing 6 including Bengaluru, Chennai, Delhi-NCR, Hyderabad, Kolkata and Mumbai. The number of DAC Council members this year will be 45.

At an event held in Central Delhi, DAC members interacted with Uber’s global visiting executive,Andrew Byrne, Vice President and Global Head of Public Policy at Uber, and shared details on their experience. Dr. Sarayu Natarajan, Founder, Aapti Institute, facilitated a discussion ‘Shaping Platform – Worker Dialogue in the Gig Economy’, with Dr. Dhanya MB, Fellow, V.V. Giri National Labour Institute; Marico Ouchi, Senior Technical Specialist on Social Protection, International Labour Organization; Mike Orgill, Senior Director, Public Policy & Government Relations, Uber for the APAC region; and, Aishwarya Raman, Executive Director, OMI Foundation.

Uber introduced several changes over the last year as per recommendations from DAC members. To further enhance transparency and ease of use for driver partners on the platform, Uber has implemented the following changes this year:

Addressing working capital issues: To make the choice of cash vs. online redundant, we had introduced a daily payment settlement process ‘Daily Pay’ which helped drivers ‘cash out’ on their online earnings the next day from Monday to Thursday, and on Monday for Friday to Sunday. Based on feedback from DAC members, Uber has now advanced the payment disbursement time to the morning which helps drivers use that money for refueling etc. We also provide cash-free parking facilities at 9 airports (Delhi, Bangalore, Mumbai, Hyderabad, Pune, Ahmedabad, Jaipur, Lucknow and Guwahati) around India to ensure a smooth ride for Uber drivers.

More transparency for driver partners: To empower the driver with more information before the beginning of a trip, Uber had introduced features like upfront destination and payment mode on the booking screen last year. This reduced friction between drivers and riders. Now, the experience has been enhanced further with the visibility of estimated fare that they will earn before accepting a trip. Also, after the trip, the electronic receipt of the trip that the drivers receive in-app will have clear demarcation of the money earned by them, and the money deducted as Uber commission and other outflows such as government taxes, airport parking fee, etc.

More choice to choose trips: To give drivers more options to choose a trip that works best for them, we’re running a pilot on a feature called ‘Extra Choice’. This will enable a driver partner to select from a larger number of available trip offers in the area. This will address feedback from DAC members about having more choice and increase trip acceptance rates on driver sides, which in turn, will reduce trip search time for riders.

Commenting on the occasion, Shiva Shailendran, Director – Operations, Uber India, and South Asia, said, “Drivers have played a pivotal role over the last 10 years in our journey in India and we remain committed to doing what’s best for them. The Driver Advisory Council is our effort to provide drivers a platform to share feedback on what matters most to them. Since March last year, we feel our engagement has deepened and we’ve been able to make changes that have received a thumbs up from drivers. We will continue to provide an open, accessible, and rewarding platform for driver partners and take steps that improve their overall experience with Uber.”

Sharing her views on DAC’s journey so far, Dr. Sarayu Natarajan, Founder, Aapti Institute, said, “As the gig economy continues to grow, the gig worker and platform relationship is also evolving. The Driver Advisory Council is India’s first independent third-party mediated forum that promotes participatory governance. The enthusiasm, participation, and intent of DAC members to drive positive change has been inspiring. We believe that this can serve as a model for the larger gig economy, and participative dialogue can pave the way for shaping gig work regulations, as well as policies of platforms such as Uber.”

Driver partners that form a part of the Council are active driver partners on the Uber platform who nominate themselves after meeting certain eligibility parameters. Finally, through meetings with the IRB, the driver partners are tested on their potential to contribute to solutions to prevailing challenges. These driver partners represent their community for a year, after which the selection process is repeated.

Since its inception in March 2022, the Council has been part of 3 in-person sessions and two online sessions. Critical topics discussed during these meetings included earnings, product enhancements, social security, app experience, and safety, among others. The Driver Advisory Council is a global best practice for Uber with similar models in the US, UK, Australia and New Zealand. Uber continues to stay committed to supporting the rights of gig workers using the Uber platform.

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Honda Motorcycle & Scooter India launches the 2023 CB200X

Chandigarh, 15 September 2023: Honda Motorcycle & Scooter India (HMSI) today launched the OBD2 compliant 2023 CB200X. Meticulously crafted for both city usage and to tackle the roads less travelled, the CB200X is a testament of Honda’s innovations and goes beyond customer expectations to explore life with every ride. The 2023 Honda CB200X has been attractively priced atRs 1,46,999 (ex-showroom, Delhi) and one can now book it at their nearest Red Wing dealerships.

Commenting on the launch of the new CB200X, Mr. Tsutsumu Otani, Managing Director, President & CEO, Honda Motorcycle & Scooter India, said, “Today marks a significant milestone as we launch the 2023 CB200X inspired by Honda’s legendary CB legacy. Since its launch in 2021, CB200X has received tremendous response in the market and is a perfect riding companion for the customer’s daily commutes as well as short weekend getaways beyond the cityscapes.”

Introducing HMSI’s latest offering, Mr. Yogesh Mathur, Director, Sales and Marketing, Honda Motorcycle & Scooter India, said, “We are pleased to introduce the 2023 CB200X with an OBD2 compliant engine, stylish graphics and a new assist & slipper clutch. Marking a steady evolution in the 180-200cc motorcycle segment, the CB200X urban explorer is inspired by the dreams of the new-age customers and their passion for motorcycle ridingwho want to Explore Life with Every Ride!”

Distinct Design and Dynamic Performance:

Inspired by the legendary Honda CB500X ADV, the design of the new CB200X makes it a rider’s perfect choice for weekday commutes as well as for weekend fun. The sharp bodywork along with new graphics marks out its individuality while the diamond type steel frame ensuressuperior handling. The CB200X also gets an all-LED lighting system (LED headlamp, LED winkers and X-Shaped LED tail lamp).

At the heart of Honda’s latest sub-200cc urban explorer lies a powerful 184.40cc, 4 stroke, single-cylinder BSVI OBD2 compliant PGM-FI engine which is now more environment friendly than before. It churns out 12.70 kW of power at 8,500 RPM and 15.9 Nm of peak torque at 6,000 RPM. The CB200X’s highly efficient and torquey engine offers an ultimate riding experience.

Superior Technology and Convenience:

The 2023 Honda CB200X OBD2 uses multiple sensors and monitors components that can affect emission performance. If any malfunction is detected, it evenilluminates a warning light on the vehicle’s instrument panel. Enhancing the rider’s safety, the CB200X is equipped with Dual Petal Disc Brakes with a single-channel ABS. There is also a new Assist & Slipper Clutchwhich eases quick gear shifts and prevents rear wheel locking while down shifting.

With an upright riding position, the CB200X offers a great balance between high performance and comfortable riding experience. Its advanced Fully Digital instrument panel comes with 5 levels of customizable brightnessand is equipped with Speedometer, Odometer, Tachometer, Fuel Gauge, Twin Trip Meters, Battery Voltmeter, Gear Position Indicator and a Clock. The CB200X’s golden USD front forks and mono-shock absorber at the rear aims to provide a superior ride quality.

Special Value Proposition:

The 2023 CB200X will be available in three stylish colours – Decent Blue Metallic (new), Pearl Nightstar Black and Sports Red. It has been attractively priced atRs. 1,46,999 (ex-showroom, Delhi). HMSI is also offering a special 10 year warranty package (3 year standard + 7 year optional) on the motorcycle.

Variant	CB200X OBD2
Price (ex-showroom, Delhi)	Rs. 1,46,999
Colour Options	Decent Blue Metallic (new), Pearl Nightstar Black & Sports Red

For more information, contact: public.relations@honda2wheelersindia.com

Aditya Birla Group To Launch Its Paints Business Under The Brand Name ‘Birla Opus’

Sakht Khabar correspondent,

Chandigarh, September 15, 2023:Grasim Industries Limited, a flagship company of the Aditya Birla Group, today unveiled the brand name of its paints business, ‘Birla Opus’. The market launch of Birla Opus is scheduled for Q4FY24. Grasim will offer a full suite of high-quality products in the decorative paints segment.

Grasim Industries Limited, a flagship company of the Aditya Birla Group, today unveiled the brand name of its paints business, ‘Birla Opus’. The market launch of Birla Opus is scheduled for Q4FY24. Grasim will offer a full suite of high-quality products in the decorative paints segment.

Mr Kumar Mangalam Birla, Chairman, Aditya Birla Group said, “Our foray into decorative paints is a strategic portfolio choice that enables us to tap into a high-growth market and expand our presence in the vibrant Indian consumer landscape. Our paints business will build on the power and trust associated with the Aditya Birla brand. The Company has over the last couple of years built a strong foundation to enable a successful business launch. We endeavour to become a profitable No. 2 player in the coming years and announcing our brand name is the first of many steps that will follow in this direction.”

Ahead of the launch, Grasim has successfully piloted the first-of-its-kind painting services in key metros and introduced a range of imported wood finishes. A cutting-edge R&D facility has already been set up in Maharashtra.

Grasim had previously committed an investment of Rs.10,000 crore towards setting up the paints business. The company’s state-of-the-art manufacturing plants located in Haryana, Punjab, Tamil Nadu, Karnataka, Maharashtra, and West Bengal, will have a total capacity of 1,332 million litres per annum (MLPA), and will serve demand centres across the country.

The current estimated value of India’s decorative paints industry is Rs 70,000 Crore. The paints industry is witnessing double digit growth year- on-year driven by rising consumer aspirations and the government’s push towards ‘Housing for All’.

Gulf partners with India Bike Week 2023 and presents Iconic Chai-Pakoda Rides

The partnership looks to foster camaraderie and promote responsible riding among enthusiasts.

Chandigarh, September 13, 2023 – Gulf Oil Lubricants India Limited is delighted to announce its partnership with India Bike Week 2023 (IBW), a significant step in its ongoing commitment to India’s vibrant and ever-growing motorcycling community in India. As the presenter of IBW’s flagship intellectual property, the “Chai-Pakoda Rides,” Gulf further cements its dedication to enhancing the experiences of bikers and enthusiasts across the country.

The partnership with IBW is a natural fit for Gulf, as both brands share a passion for motorcycling and the thrill of the open road. Gulf is a leading provider of lubricants for motorcycles, and IBW is the largest motorcycle festival in India. Together, they aim to create an unforgettable experience for bikers across categories.

Mr. Amit Gheji, Head Marketing, Gulf Oil Lubricants India Ltd., expressed his enthusiasm about this association, stating, “We are excited to partner with the India Bike Week, the country’s biggest motorcycling festival. This event is a testament to the vibrant spirit of India’s motorcycle culture, and we are proud to be a part of it. As our two-wheeler lubricant segment continues to grow, India Bike Week provides a fantastic opportunity to showcase our cutting-edge product solutions and engage directly with the motorcycling community and enthusiasts. This engagement plays a critical role in our mission to enhance the overall riding experience for motorcycle owners.”

Speaking on the occasion, Martin da Costa, CEO and founder, Seventy EMG, said, “We are delighted to partner with Gulf for the ten-year anniversary of IBW in Goa this year. Over the past decade, India Bike Week has been instrumental in the astonishing growth of motorcycling culture in the country. Tens of thousands of riders from across the country come together to celebrate all the essential joys of life – comradeship, fun, adventure, travel, independence, and meeting like-minded souls. In its tenth edition, we are positive that the IBW will be witnessing its most epic edition till date, with a huge of line-up of events including Chai-pakoda rides, ride-outs, music festival, food trails, etc.”

The “Chai-Pakoda Rides” are a popular feature of IBW, and Gulf is excited to be the presenter of this experience. The rides offer bikers the opportunity to explore the scenic countryside of India while enjoying a traditional Indian chai and pakora break. Gulf will also provide support along the route, ensuring bikers have a safe and enjoyable experience.

India Bike Week, Asia’s premier motorcycling festival, brings together biking enthusiasts and adventure seekers. This iconic event showcases new bike launches, fosters connections among riders nationwide, and celebrates the joy of riding. The event will be held in Goa on 8^th and 9^th December 2023 this year. Against the backdrop of Goa’s pristine beaches, this two-day extravaganza is a must-attend for motorcycle enthusiasts and travellers. The event’s popularity is evident through its impressive turnout of over 20,000 bikers from across the country.

Gulf has a longstanding commitment to the motorcycling community, with a range of high-quality lubricants that cater to the unique needs of motorcycle enthusiasts. Gearing up for India Bike Week 2023, Gulf is excited to embark on this incredible journey alongside passionate bikers and enthusiasts.

Bank of India raises Rs. 2,000 Crores at 7.88% in Tier II Bond Offering!

Chandigarh, September 13^th 2023:Bank of India, a leading public sector bank, has raised Basel III compliant Tier II bonds of Rs.2,000 crores @ 7.88% p.a, today through NSE’s Electronic Bidding Provider Platform. The bank received a total of 83 bids amounting to Rs. 3,770 crores. Out of these, there were 48 successful bidders totalling Rs. 2,000 crores.

The Tier II capital is raised for augmenting the overall capital of the Bank and for enhancing the long-term resources in accordance with RBI guidelines. The funds raised by the Bank through this issue are not meant for financing any particular project. The Bank shall utilize the proceeds of this issue for its regular business activities.

Aditya Birla Capital Digital Launches Payment Lounge- an Omnichannel Collection Platform for Merchants, powered by PhiCommerce

Chandigarh, Sept. 13, 2023: Aditya Birla Capital Digital Limited (“ABCDL”), the wholly owned subsidiary company of Aditya Birla Capital Limited (“ABCL”), has introduced Payment Lounge, an omni-channel, multi-mode collections platform to enable merchants provide a unified, secure, and faster transaction experience to their customers for making digital payments. The technology behind the payment infrastructure has been powered by India’s leading omnichannel payment solutions company PhiCommerce.

With a seamless front-end experience and back-end smart routing capabilities, the platform can be seamlessly integrated with merchant’s application, providing for a hassle-free check out process across in-store, online and doorstep delivery channels of merchants.

The Payment Lounge supports various payment modes including, UPI, debit, and credit cards, direct to bank, via QR code scans, buy-now-pay-later, wallet and link-based payment options. The Payment Lounge is underpinned by PhiCommerce’s omnichannel payment platform PayPhi – a one-stop solution that serves businesses’ diverse payment needs across both online and offline channels.

Payment Lounge – Features & Benefits

• Smart Routing
• Smart Collect
• One Recon & One Integration
• Robust & Highly Available Infrastructure
• Plug In Ecosystem
• Cost Optimization
• Omni Channel & Multi-Modal Platform

Commenting on the announcement, Mr. Pankaj Gadgil, Head Digital Platforms and Analytics, Aditya Birla Capital said, “We are excited about the journey of the future of payments in India and about our payments’ roadmap. At Aditya Birla Capital, we are focused on creating a great experience for our customers and merchants alike. With our strong focus on driving digitalization and innovation in product offerings, we have launched Payment Lounge to help merchants streamline their payment processes, deliver enhanced convenience to their customers, and maximize collection efficiency of their businesses.”

Mr. Tushar Shankar, Co-Founder & Head – Global Sales, PhiCommerce, expressing his happiness on the collaboration added, “Today, businesses worldwide are embracing omnichannel go-to-market strategies and PhiCommerce is recognized for its capability to empower such businesses in their growth. We are very excited to partner with ABCDL for its hugely innovative Payment Lounge that solves challenges that businesses have with legacy, siloed payment solutions. PayPhi, based on a modern service-based technology architecture, not only brings in huge cost efficiencies but also enables businesses to launch a variety of cutting-edge innovations.”

Aditya Birla Capital has been bolstering its digital capabilities by scaling up its digital base to build an integrated portfolio of digital assets to serve customers in a frictionless manner and across channels of their choice. It incorporated ABCDL to develop an omni-channel Direct-to-Customer (D2C) platform to serve existing customers, acquire new customers and act as a one stop-shop for delivering Protecting, Investing, Financing, and Advisory services (PIFA) to customers.

Trust, corruption and sustainable development are interconnected issues in public’s attitude towards tax

Accountants remain the most trusted players in tax according to the ACCA, IFAC and CA ANZ biennial global survey

Chandigarh, September 13, 2023: The Public Trust in Tax survey which questioned 7,700 members of the public across the globe shows that accountants have a major role to play in addressing corruption, which negatively impact on attitudes towards tax in economies.

Results show that 53.8% consider corruption a major factor, however most people believe the role of professional accountants contributes to improving tax systems by making them more efficient (59%), more effective (57%), and fairer (55%).

The findings follow ACCA (the Association of Chartered Certified Accountants), IFAC (the International Federation of Accountants), and CA ANZ (Chartered Accountants Australia and New Zealand) expanding their biennial G20 Public Trust in Tax survey – which this time omitted Russia and included New Zealand – to address not only corruption but also the issues of sustainable development and corruption, and how these two interconnect with trust in the tax system. The results are clear.

Corruption has a significant impact on attitudes towards tax in economies across the globe, with over half of G20 respondents citing it as a major factor.

At the same time, 68% of respondents in G20 countries see at least some connection between tax and sustainable development, and 57% would be prepared to pay more tax to support it.

In this context, the continued high levels of trust in professional accountants are more important than ever. The results shows that they remain the single most trusted stakeholder in tax in every G20 country, as it has been the case in every biennial G20 Public Trust in Tax survey since the initiative began in 2017.

Md. Sajid Khan, Director – India of ACCA, says: ‘Professional accountants are an essential element of the tax ecosystem in India and around the world. It’s reassuring to see that this global survey reveals that India has the second highest levels of trust in professional accountants, with 72.5% of respondents saying that they ‘trust’ or ‘highly trust’ accountants over any other information source.’

Kevin Dancey, CEO of IFAC, says: ‘The impact of corruption on trust in tax has been an emerging theme in our recent surveys, particularly in our 2022 Global Perspectives report, which focuses on jurisdictionsoutside of the G20. Now, for the first time, we have specific data on that point, and the results are illuminating. Taken together with the continued trust in professional accountants, and additional new data on views about sustainable development, insight into the important interconnections between these issues is starting to come into view.’

Ainslie van Onselen, CEO of Chartered Accountants Australia and New Zealand (CA ANZ), says: ‘As leaders in the global accountancy profession, we are proud to see the sustained high levels of trust in professional accountants, which is hard won, but easily lost. It is vital that we constantly work to maintain and earn trust through both our individual and collective actions. Now, more than ever, the relationship between taxpayers, businesses and governments must be strengthened to provide security and certainty for our broader societies and economies and we look forward to continuing to engage with key stakeholders to drive trust in tax and trust in our profession.’

The survey reveals the attitudes and opinions of the general public towards their tax systems, and the actors involved in them. The key findings indicate that:

• Trust in key stakeholders has improved in most regions, but there are still significant variations;
• People see tax systems as a mechanism for positive change, but are concerned about corruption;
• People generally think that levels of taxes paid are reasonable.

Tata Power Solar and SIDBI sign MoU to offer easy financing to MSMEs for solar adoption

MoU signed in the presence of Hon’ble Union Minister of State for Finance Dr. Bhagwat Karad at the Global SME Finance Forum 2023, Mumbai

Tata Power Solar and SIDBI launches The Big Solar Fest offering customised & innovative financing solutions with zero processing fees for solar loan

Chandigarh 13^th September, 2023: Tata Power Solar Systems Limited (TPSSL), one of India’s largest integrated solar companies and a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL), today signed a Memorandum of Understanding (MoU) with Small Industries Development Bank of India (SIDBI) to offer an easy financing option for MSMEs.

Tata Power Renewable Energy Limited (TPREL) is a subsidiary of Tata Power, India’s largest integrated power utility.

MSMEs that are willing to opt for Rooftop Solar PV Plant or associated services from Tata Power or its authorised Channel Partners across India will be financially supported by SIDBI under the scheme.

Hon’ble Union Minister of State for Finance, Dr. Bhagwat Karad graced the MoU exchange ceremony held today at the Global SME Finance Forum 2023 in Mumbai. Dr. Praveer Sinha, CEO&MD, Tata Power and Shri Sivasubramanian Ramann, Chairman & Managing Director, SIDBI exchanged the MoU.

Under this strategic partnership, TPSSL and SIDBI will encourage solar energy adoption among Micro, Small & Medium Enterprises by offering customised & innovative financing solutions through SIDBI’s 4E (End to End Energy Efficiency) Scheme. The 4E solar financing scheme offers TPSSL’s customers an array of compelling benefits, including the most competitive interest rates and loan limit to meet the requirement of the MSME sector.

TPSSL and SIDBI has also announced the launch ofThe Big Solar Fest at the Global SME Finance Forum 2023 to offer zero processing fees for the upcoming festival season to encourage the widespread adoption of solar energy among MSMEs. The Big Solar Fest will spread awareness on the most competitive financing offerings with zero percent processing fees for the upcoming festival season. This additional incentive will serve to expedite the green journey of the MSME sector, reinforcing its commitment to sustainable growth and clean energy solutions.

Dr. Praveer Sinha, CEO & MD of Tata Power, said,“MSMEs are the backbone of India’s economy. They operate across industrial segments and are major consumers of electricity. Our strategic collaboration with SIDBI will facilitate the ‘ease of opting’ renewable energy in the MSME sector and power its quest to become more efficient and globally competitive. I urge them to make the most of ‘THE BIG SOLAR FEST’ and play a pivotal role in building a greener and sustainable business ecosystem in the country.”

An online application process has also been set up to help MSME consumers avail this scheme and contribute to the advancements of the country’s national solar mission.

Shri Sivasubramanian Ramann, Chairman & Managing Director, SIDBI, said, “SIDBI has prioritised digitisation of credit access and green/climate financing. SIDBI leverages partnerships to reach the last mile. We are confident that our partnership with Tata Power Solar will result in MSMEs getting better quality products & services, which will help in MSMEs growth and decarbonisation journey. We envision working towards developing innovative and cost-effective financing options, especially for MSME customers. We are optimistic that this partnership and within that ‘The BIG SOLAR FEST’ will go a long way in accelerating the adoption of renewable energy, especially among the MSME sector.”

The MoU builds upon the resounding success and positive feedback received from the collateral-free solar financing initiative introduced by TPSSL and SIDBI in 2021.

TPSSL plays a pivotal role in empowering diverse industries and businesses to embrace non-conventional energy sources, reduce their CO2 footprints, and contribute to India’s clean energy goals.

The company offers an extensive portfolio of solar energy solutions, spanning from installations to operational maintenance. It serves as a one-stop solution for consumers, catering to their comprehensive end-to-end energy requirements. The Company’s solar EPC portfolio is more than 11.5 GWp of ground-mount utility-scale, over 1.7 GW of rooftop and distributed ground-mounted systems, and over 1,00,000 solar water pumps.

SIDBI is the principal financial institution for the promotion, financing and development of the Micro, Small and Medium Enterprises (MSME) sector and for co-ordination of the functions of the institutions engaged in similar activities.

Dr. Praveer Sinha, CEO&MD, Tata Power and Shri Sivasubramanian Ramann, Chairman & Managing Director, SIDBI exchanged an MoU to provide competitive solar financing solutions in the presence of Hon’ble Union Minister of State for Finance, Dr. Bhagwat Karad at Global SME Finance Forum 2023 in Mumbai.

Defence Minister Shri. Rajnath Singh Unveils KSSL’s ECARS at North Tech Symposium

Chandigarh/Jammu, 13 September 2023: The North Tech Symposium today witnessed a ground-breaking moment as the Honourable Minister of Defence, Shri. Rajnath Singh, unveiled the Enhanced Collaborative Autonomous Rover System (ECARS), a cutting-edge 4×4 multi-terrain unmanned ground vehicle (UGV). This event marked a significant milestone in the realm of autonomous military technology and national security.

ECARS, developed by Kalyani Strategic Systems Ltd, a fully-owned subsidiary of Bharat Forge, stands at the forefront of innovation in the field of autonomous military technology. Designed to perform a wide range of missions including surveillance, security, safety, and rescue operations, ECARS brings a new level of versatility to military operations.

The ECARS UGV is armed with an enhanced collision avoidance system and advanced mission planning capabilities, rendering it a dependable resource for a wide range of military situations. The speed ranges between 16 and 20 kilometres per hour, with a payload capacity of 350 Kg and a towing payload capacity of 500 Kg.

One of the key features of ECARS is its compatibility with various systems, including Remote Controlled Weapon Stations (RCWS), Water Jet machines, and the transportation of heavy materials across border and water channels. This adaptability makes ECARS an indispensable tool for border surveillance, strategic asset perimeter security, riot control operations, CBRN (Chemical, Biological, Radiological, and Nuclear) incidents, fire-fighting, chemical spraying, and meeting various payload requirements.

Commenting on the remarkable achievement Mr. Amit Kalyani, Joint Managing Director, Bharat Forge Limited said, “ECARS represents a pivotal moment in military technology. It’s a versatile, adaptable unmanned ground vehicle that is amphibious and has all terrain capabilities to significantly enhance our national security. ECARS’ advanced capabilities make it a valuable asset in various military operations, from surveillance to security, and it demonstrates KSSL’s commitment to pushing the boundaries of defence technology.”

The unveiling of ECARS by the Minister of Defence at the North Tech Symposium marks a significant moment in India’s journey towards enhancing its defence capabilities through innovation and cutting-edge technology. The development of ECARS showcases the commitment of Bharat Forge pushing boundaries of technological excellence in support of national security.

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Churchill’sOld WarOffice toreopen asHindujaGroup’snew luxuryhotel inLondonThe OWOto be inaugurated on September26th

Chandigarh, 13 September 2023: The Hinduja Group, a 109-year-old multinational conglomerate with amulti-billion dollar turnover that collaborated with world-renowned Raffles Hotels & Resorts to restore The Old War Office (OWO) of Britain’s World War II era prime minister Winston Churchill will be inaugurated on September 26^th as a brand-new luxury hotel in the heartof London

“When we came to Whitehall, the team were blown away by the size and beauty of this majesticbuilding,” said Sanjay Hinduja, whohas overseen the project.

“No expense has been spared inbringing it back to its former gloryand paying homage to its heritage,whilst breathing new life into it. Along with Raffles London at The OWO, we hope to create a legacythat is both timeless andunsurpassed,” he said.

The Hinduja Family had acquired the landmark building on Whitehall, opposite Downing Street, over eight years ago and tied up with Raffles Hotels to transform the building into an extravagant hub complete with luxury residences, restaurants andspas.

The Old War Office, originallycompleted in 1906 and designed byBritish architect William Young, wasformerly the site of the original Palace of Whitehall. The building has since witnessed world-shapingevents while influential political and military leaders like Winston Churchill and David Lloyd Georgeheld office in the UK. Its grand architecture has also made the building a backdrop for James Bondfilms and, more recently, ‘TheCrown’ Netflix series.

“Everyone at Accor feels honouredand privileged to be part of thishistoric project that has surpassedall expectations – truly a legend in the making and possibly the most awe-inspiring hotel on the planet,”said Sébastien Bazin, AccorChairman & CEO.

“Together with the Hinduja family, we proudly invite locals and travellers alike to experience thisextraordinary hotel as well as theauthenticity and graciousness ofRaffles, one of our most prestigiousbrands in one of the world’s greatestcities,” he said.

As part of the renovation with the help of hundreds of artisans, the historic interior elements have been restored, including delicate hand-laid mosaic floors, oak panelling, glittering chandeliers, and amagnificent marble staircase. TheOWO features 120 guest rooms andsuites, signature dining experiences by chef Mauro Colagreco,entertainment spaces including agrand ballroom.

The most historically significantareas of the building include theHeritage Suites, former offices ofthe influential political and military leaders associated with its history.

A number of these will be availablefor exclusive reservations as “TheWhitehall Wing”, a six-bedroom suite occupying the west wing of the building which can accommodate up to 12 guests – one of the largestluxury hotel wings available inLondon.

“At Raffles London, the history of theformer Old War Office lives on,through its splendid architecture,carefully chosen interior design and expansive Heritage Suites. We are excited to provide guests with thehighly personalised and intuitiveservice for which Raffles is knownthe world over. Visitors will bespoiled for choice with the eclecticarray of world-class restaurants andbars in an unrivalled location,” saidPhilippe Leboeuf, Managing Directorof Raffles London at The OWO.

The transformed OWO also houses 85 Residences by Raffles as part of the building’s reimagining as a new culinary district for London, complete with nine new restaurants and three bars, including a rooftopwith panoramic views ontoBuckingham Palace.

Mahindra Extends Attractive Finance Schemes for Pik Up Range Customers for the Festive Season

Rahul Khatry,

Chandigarh, September 08, 2023:

Mahindra & Mahindra (M&M), the makers of Bolero Pik Up – the No.1 pickup brand in India – announces a series of attractive finance schemes for the Mahindra Pik Up range this festive season. These exciting finance offers are designed to make the purchase of the Mahindra Pik Up vehicles more accessible and appealing to a wider range of customers.

Mahindra is offering a seven-year finance option for the Pik Up range, which is set to significantly reduce the Equated Monthly Installment (EMI) and enhance affordability. This extended tenure enables customers to benefit from lower EMIs, offering increased convenience and easing the vehicle ownership process.

In collaboration with its Finance partners, Mahindra has worked out very attractive interest rates starting from 11.50%, thereby offering lower interest component outflow. Customers can now obtain a MaXX Pik Up City with a low EMI of just INR 12,999/-& MaXX Pik Up HD at starting EMI of INR 15,555/- making it an appealing and viable option that doesn’t put a strain on their monthly budgets.

Mahindra has also announced a 100% on-road funding scheme*, which includes insurance and road tax, thus simplifying the ownership process for customers.

For our agricultural customers, we have devised a special scheme that offers a moratorium for the first two months or a structured scheme with two smaller EMIs in the initial months, followed by regular EMIs from the third month onwards. This customized financing scheme takes into account the seasonal nature of agricultural income, ensuring flexibility and convenience for farmers and agricultural workers.

Mahindra is offering bouquet of Finance Offers for various set of customers ranging from First Time Users (FTU), Market Load Operators (MLO), Captive customers & Fleet owners up to loan tenure of 84 Months and 100% On-Road Funding.

These exciting financial schemes are available for a limited period and can be availed at authorized Mahindra dealerships across India. Customers are invited to visit their nearest dealership and explore these financing options to make their dream of owning a Mahindra Pik Up a reality.

AU Small Finance Bank and Bajaj Allianz Life Insurance enter into strategic partnership

Rahul Khatry,

Chandigarh, 8^th September, 2023:

AU Small Finance Bank (AU SFB), India’s largest Small Finance Bank and Bajaj Allianz Life Insurance, one of India’s leading private life insurers, announced their strategic partnership, today in Mumbai. This collaboration will empower a diverse range of AU Small Finance Bank’s customers to gain access to Bajaj Allianz Life’s comprehensive suite of life insurance products, thereby addressing their imperative need for financial security.

Mr. Uttam Tibrewal, Executive Director of AU Small Finance Bank and Mr. Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance signed the agreement and announced their strategic partnership, at an event. Through this partnership, the bank aims to leverage technology-based solutions for its customers through wide variety of life insurance products offered by Bajaj Allianz Life Insurance.

With a legacy spanning 28 years, AU SFB possesses an intricate understanding of customers in rural and semi-urban markets. It has curated bespoke products and services tailored precisely to the requisites of these segments. Backed by its digitally driven approach and inventive offerings, AU SFB is making swift strides in expanding its customer base, consistently adding one million customers annually. This growth is supported by an expanding distribution network comprising 1,038 touchpoints spanning 21 states and 3 union territories.

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Speaking on the partnership, Mr. Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance, said,

“This partnership will make our value-packed and innovative life insurance products available to a significantly larger customer base across the 1038 touchpoints of the bank. Backed by top-tier, new-age services and a digital first approach, we are well placed to enable our customers in achieving their financial aspirations. I am confident that our collective promise of ‘Customer First’ will lead to a long-term and successful partnership as we enable many more life goals, together.”

Mr. Uttam Tibrewal, Executive Director, AU Small Finance Bank said, “At AU Small Finance Bank, our customers have always been our top priority. We believe in providing them with an extensive range of choices and customized products that cater to their specific needs. As we expand our financial offerings in the bancassurance segment, our goal was to partner with a life insurance partner that can complement our products and aid customers in financial planning. Bajaj Allianz Life is a trusted name in life insurance and by merging our robust distribution network with Bajaj Allianz Life’s diverse product portfolio, we endeavor to provide a wider range of choices to our customers. This collaboration reaffirms our promise to prioritize our customers’ unique requirements and financial goals. We are excited about the possibilities this partnership brings and look forward to collectively shaping a more secure and prosperous future for our customers. For us, it will be “Banking Bhi, Bima Bhi.”

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Through this partnership, new and existing customers of the Bank can now choose from Bajaj Allianz Life’s retail products including term, savings, retirement, and investment products. This will help them achieve their life goals in a planned manner. Furthermore, the life insurer will also work closely with the Bank to offer seamless service options to the customers. This includes response on queries using Whatsapp, ChatBot on AU digital platforms, along with well-trained Bank staff managing the life insurance business.

Star Health and Allied Insurance and AU Small Finance Bank enter in a Bancassurance Tie-up

Rahul Khatry,

Chandigarh, 08 September 2023: AU Small Finance Bank (AU SFB), India’s leading small finance bank, and Star Health and Allied Insurance, India’s leading health insurance company, today entered into a bancassurance tie-up. This partnership would enable diverse customers of AU SFB to access the entire range of health insurance products offered by Star Health and Allied Insurance, thus fulfilling the need of health insurance for all.

With its legacy of 28 years of building trust, AU Small Finance Bank (AU SFB) has built nuanced understanding of customers in the rural and semi-urban markets and has built products and services tailored to the needs of these segments. Aided by its digital outlook and innovative products and services, AU SFB is rapidly expanding its customer base adding one million customers every year supported by a growing distribution footprint of 1,040 touch points spread across 21 states & 3 Union territories.

Under this strategic agreement, a wide variety of health insurance solutions offered by Star Health will be distributed through different strategic business units of AU SFB in the country, providing their customers in both urban and core regions with transparent and affordable solutions for all their health insurance needs.

Star Health has a network of 44 bancassurance partnerships across the country. With this new association, the insurer’s robust distribution will be strengthened manifold especially in core pockets of Bharat.

Anand Roy, MD & CEO, Star Health and Allied Insurance said, “We, at Star Health, believe that health insurance is a basic essential need for every citizen. Our strategic tie-up with AU Small Finance Bank is a step further in making health insurance accessible to all. AU Small Finance Bank’s extensive presence in small towns and rural markets across the country will enhance Star Health’s reach. Our range of comprehensive and specialized insurance products will be a perfect match for any health insurance needs of AU Small Finance Bank’s customers. Both AU Small Finance Bank & Star Health Insurance are highly innovative and customer focused companies. We expect this partnership will be mutually beneficial to both organisations”.

Mr. Uttam Tibrewal, Executive Director, AU Small Finance Bank, said, “AU Bank has consistently championed the provision of technology-enabled insurance solutions to its diverse customer base, encompassing both Urban and Core segments of Bharat. Our partnership with Star Health and Allied Insurance is poised to usher in a new era of growth by offering a wide array of insurance products, reinforcing the government’s vision of ‘Vanchit ko Variyata.’ This collaboration aligns seamlessly with AU Small Finance Bank’s core principle of crafting customer-centric solutions that are marked by transparency, affordability, and widespread accessibility through all our distribution channels.”

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This partnership not only increases insurance penetration in India and but will also provide the people with Star Health’s personalized health insurance solutions, access to its wide hospital network and wellness programs.

Powering a Green Revolution : Tata Power EZ charge electrifies Green kilometres Across India

Rahul Khatry,

Chandigarh, September 08, 2023: Electric Vehicles, e-mobility, sustainable travel—these terms have become increasingly prevalent in recent years. India’s commitment to achieving Net Zero by 2070 underscores the critical role that Electric Vehicles (EVs) play in this journey. However, the success of EV adoption hinges on the development of a robust and extensive EV charging infrastructure.

A few years ago, the EV industry in India faced a significant hurdle. Automakers were pondering how to kick-start the “mobility rEVolution” in the country. An EY Report on e-mobility highlighted six essential factors for that were required for enabling the e-mobility transition. Two of these crucial elements were- Charging Infrastructure and Digitalization. The resolution to these hurdles was found when Tata Power, a pioneer in the Indian power sector, stepped forward and embarked on a mission to establish an EV Charging infrastructure that would play a transformative role in driving the EV revolution in the nation.

From minimal footprint years ago to constructing the Country’s largest and most extensive EV Charging infrastructure, which expands from Kashmir to Kanyakumari and Jaisalmer to Manipur, Tata Power EZ Charge has bridged the gap between e-mobility and accessibility by providing the most crucial component of e-mobility – Reliable Charging Infrastructure.

Ashok Leyland Marks 75th Anniversary with Innovations in Sustainable Mobility

Cutting-edge Electric LCV from Switch unveiled by Shri Nitin Gadkari

Rahul Khatry,

Chandigarh, 8^th September 2023: Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer proudly commemorates its 75th year of operations, highlighting its steadfast commitment to the nation’s prosperity and growth. Founded in 1948, the company has played a pivotal role in shaping the landscape of commercial mobility, and today, it stands as a symbol of innovation, excellence and sustainability.

On this occasion, Shri Nitin Gadkari, the Minister of Road Transport and Highways, Government of India, unveiled the ground-breaking Electric Light Commercial Vehicles from Switch Mobility – the IeV Series. The IeV Series is India’s first electric commercial vehicles in its category and aims to provide efficient and eco-friendly solutions for last mile transportation needs. The SWITCH IeV presents an incredibly attractive value proposition for MSMEs, cottage industries, and e-commerce in India with its exceptionally low Total Cost of Ownership (TCO) coupled with a commitment to high uptime. This series encapsulates our dedication to shaping an eco-conscious future, catering to evolving urban mobility needs while setting new standards for efficiency and innovation.

Ashok Leyland also showcased the new, 9-meter, Hydrogen Fuel-Cell Electric Bus developed for NTPC (National Thermal Power Corporation). This is India’s first fuel cell bus that will commercially ply on country’s roads. The company also exhibited the country’s first Hydrogen Internal Combustion Engine Truck, which was earlier launched in collaboration with Reliance Industries. This showcases Ashok Leyland’s partnership approach to develop cutting-edge sustainable mobility solutions for long-distance transportation challenges.

Mr. Dheeraj Hinduja, Chairman of Ashok Leyland and Switch Mobility said, “Ashok Leyland’s 75-year journey is a story of transformation and innovation. As we celebrate this milestone, we look ahead to the future with excitement and determination and renew our pledge to further shape the future of the CV Industry. We have set our sights on pioneering sustainable transportation solutions and aim to support India’s economic development for years to come”.

Mr. Shenu Agarwal, MD & CEO, Ashok Leyland said, “Over the course of its remarkable journey, Ashok Leyland has consistently redefined industry standards, setting benchmarks for cutting-edge technology in its products and services, and partnering with marquee names in offering innovative, customer-centric solutions. Today we are proud to launch the IeV series from Switch Mobility and showcase pioneering technologies through the Hydrogen Fuel Cell Electric Bus for NTPC, and the Hydrogen Engine Truck for Reliance. The 75th anniversary celebration is not just a reflection of the company’s history, but a testament to its determination to continue shaping the future of mobility.”

Mr. Mahesh Babu, Chief Executive Officer, SWITCH Mobility Ltd., said, “The launch of our SWITCH IeV Series electric vehicles is a defining moment for SWITCH, having established a strong reputation in the e-bus market. With the SWITCH iON Standard at its core, a versatile range of options, diverse charging solutions, exceptional performance, and operational ease as its hallmark, the SWITCH IeV Series is a testament of our dedication to driving positive change in the industry”.

As part of its 75th-anniversary celebrations, Ashok Leyland also launched a new initiative – ‘Dream Drive’ – a journey across the length and breadth of the country, with 10 Ashok Leyland vehicles driven on five different routes, culminating at the company’s state-of-the-art manufacturing plants today.

Through this, Ashok Leyland engaged with its extensive network of customers, dealers, suppliers, and other partners, establishing a direct connection with all its key stakeholders including drivers, mechanics, and financiers to pay gratitude for their contribution. ‘Manzil ka Safar’ with the iconic Stallion defence vehicles was another drive that travelled 4000+ kms from Kanyakumari to Leh to recognize its long-standing partnership with the Indian defence forces.

With a legacy rooted in innovation and a future driven by sustainability, Ashok Leyland stands poised to excel for generations to come. The company’s 75th anniversary celebration not only recognises its past successes but also foreshadows a time in the future when cutting-edge technology and environmental responsibilities converge seamlessly.

Jawa Yezdi Motorcycles Launches the New Top-of-the-line Jawa 42 Bobber Black Mirror at Rs. 2.25 Lakh

Chandigarh, September 08, 2023: Cementing its dominance in the ‘Bobber’ segment, Jawa Yezdi Motorcycles proudly presents the all-new Jawa 42 Bobber Black Mirror. This head-turning masterpiece is the latest addition to the ‘Factory Custom’ line-up slots in at the top of the Bobber range and represents the brand’s dedication to offering riders a synthesis of timeless design, advanced performance, and unparalleled comfort. The Jawa 42 Bobber Black Mirror is available now, starting at Rs 2,25,187 ex-showroom Delhi.

The Jawa 42 Bobber Black Mirror boasts an iconic presence, with its chrome tank reminiscent of the Jawas of yesteryears, and premium Diamond cut alloy wheels ensuring it stands out on any road and is easily the most desirable motorcycles on India roads today. The Jawa 42 Bobber Black Mirror brings alive the theme of ‘Oneness’. Riding is not simply an act of leisure. It’s a way of being. And every true rider is seeking to be in perfect unison with themselves, the road, the wind, the machine, the sky. Oneness is the feeling they chase for the rest of their lives and find over and over again. The new 42 Bobber Black Mirror is the embodiment of this emotion.

Performance enhancements are intrinsic to the 42 Bobber Black Mirror, including an advanced throttle body measuring 38mm, up from the prior 33mm. Riders will also appreciate the refined engine idling with an idling RPM lowered to 1350 from the former 1500. The motorcycle’s rideability is further enhanced by an updated fuel map, redesigned gear and engine covers, and the introduction of premium tubeless diamond-cut alloy wheels. Lastly, the rear monoshock has been redesigned with better damping force for a plusher and more comfortable ride.

Performance remains paramount for the Jawa 42 Bobber Black Mirror. With its 334cc, liquid-cooled, single-cylinder motor, riders can expect a potent 29.9PS and 32.7Nm. This power is harnessed with a 6-speed transmission, enhanced with an Assist & Slipper Clutch for smoother shifts and a lighter clutch action.

Yet, power is just one facet of this motorcycle. The Jawa 42 Bobber Black Mirror also champions rider comfort, evident from its accessible 740mm seat height and adjustable seat, ensuring adaptability for a diverse range of riders. Notably, the premium diamond-cut alloy wheels, a standard on the Black Mirror, are also available as an upgrade for owners of the existing 42 Bobber, underscoring the brand’s commitment to its dedicated customer base.

Mr. Ashish Singh Joshi, CEO of Jawa Yezdi Motorcycles, spoke passionately about the launch, stating, “With the successful launch of Jawa 42 Bobber last year, we further strengthened our dominance in the Bobber segment. The Bobber stable from our factory custom portfolio has enjoyed an ardent fan following from the riding community in India. The kind of love we received for the 42 Bobber made us push our boundaries in design and engineering to deliver the all new Jawa 42 Bobber Black Mirror. Bobbers embody the essence of individuality and distinctiveness; they are an emotional purchase, and the new Jawa 42 Bobber Black Mirror is a fine example of why Bobbers are so special. The meticulous attention to detail, combined with the unique design language, makes it a true standout.“

For those keen on personalizing their ride, the Jawa 42 Bobber is available in a variety of captivating colours, including Jasper Red Dual Tone, Moonstone White, Mystic Copper and, of course, Black Mirror.

In an evolving motorcycling landscape, Jawa Yezdi Motorcycles persists in its mission to craft motorcycles that transcend mere transportation, becoming cherished pieces of art.

The Jawa 42 Bobber Black Mirror, priced at 2,25,187 (ex-showroom Delhi), is now available for bookings at all Jawa Yezdi Motorcycles dealerships. For more details or to arrange a test ride, enthusiasts are encouraged to visit their nearest dealership or the official Jawa Yezdi Motorcycles website.

Avaada Group to set up a green hydrogen project at Tata Steel SEZ’s Gopalpur Industrial Park

Tata Steel SEZ and Avaada Group sign an MOU for the project

Chandigarh/Bhubaneswar, September 7, 2023: Tata Steel Special Economic Zone Limited (TSSEZL) and Avaada GreenH2 Private Limited, Green Hydrogen arm of integrated energy enterprise of Avaada Group, today signed a Memorandum of Understanding (MoU) to establish a green hydrogen and green ammonia project at Gopalpur Industrial Park in Ganjam district of Odisha.

Under the definitive agreement, Avaada Group will acquire 120 acres of land in TSSEZL’s Gopalpur Industrial Park (GIP), to set up a 0.5 MTPA green hydrogen/ammonia production facility.

The MoU was signed between Manikanta Naik, Managing Director, TSSEZL, and Prashant Choubey, President, Avaada Group, in the presence of Hemant Sharma, IAS, Principal Secretary, Industries Department and Chairman, Odisha Industrial Infrastructure Development Corporation (IDCO) and Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL), Government of Odisha, and Bhupendra Singh Poonia, IAS, Managing Director, IDCO & IPICOL.

Hemant Sharma, IAS, Principal Secretary, Industries Department and Chairman, IDCO & IPICOL stated,“Odisha’s roadmap for the green fuels sector is both comprehensive and ambitious. The addition of Avaada Group to our partnership ecosystem is an endorsement of our strategy. We welcome Avaada to the Odisha family and look forward to achieving new milestones together.”

This green ammonia will be produced from green hydrogen, and the production facilities will be powered by renewable energy.

Bhupendra Singh Poonia, IAS, Managing Director, IDCO & IPICOL, added, “At IPICOL, we are committed to facilitating transformative ventures that propel us towards a sustainable future. This MoU between Tata Steel SEZ and Avaada Group underscores our unwavering dedication to usher in investments that align with our sustainable development goals. As we look ahead, collaborations like these will light our path to a more prosperous and sustainable future”

The green hydrogen and ammonia produced at this facility will be exported to markets around the world from the existing Gopalpur Port facility. The Utility Corridor between Gopalpur Industrial Park and Gopalpur Port will provide a dedicated corridor for smooth logistics and pipeline connectivity.

Manikanta Naik, Managing Director, Tata Steel Special Economic Zone Limited, said, “We are happy to sign the MoU with Avaada Group for their Green Hydrogen Project. This is the second investment we have attracted in the green hydrogen/ammonia manufacturing sector. Our industrial park continues to be a preferred destination for investors, given its conducive offerings for setting up a unit. We take this opportunity to once again thank the Government of Odisha for its progressive policies that are attracting investments to the state of Odisha.”

“We are eagerly looking forward to having more investors at the Industrial Park, which will add to the industrial development of the area”, he added.

Vineet Mittal, Founder and Chairman, Avaada Group, said,” We are delighted to announce the signing of a MoU today with Tata Steel SEZ, marking a significant milestone in our journey towards realising our green ammonia project within the Gopalpur Industrial Park. Green hydrogen and ammonia production is a crucial cornerstone in the global shift towards sustainable energy. Avaada is dedicated to contributing to India’s aspiration to become a leading global green hydrogen manufacturing hub. “

“Our gratitude extends to the Odisha government for their unwavering support, as it empowers us to take bold strides towards a greener and more sustainable future. We pledge to facilitate the transition towards a low-carbon economy, leaving behind a lasting legacy of value for our stakeholders and society”, he added.

TSSEZL had signed one MoU with ACME Clean Energy Pvt Ltd on August 25, 2023, for the establishment of a Rs 27,000 crore green hydrogen and ammonia project later at the Gopalpur Industrial Park. ACME will acquire 343 acres of land in TSSEZL’s Gopalpur Industrial Park and a 1.3 MTPA green ammonia production facility there.

Bank of India Celebrates 118 Years of Trust and Innovation: A Journey of Excellence

Chandigarh/Mumbai, September 7^th, 2023: Bank of India, one of India’s leading public sector banks, celebrated its 118^th Foundation Day on 7^th Sept 2023 across all its offices. This historic occasion promises to be a memorable day steeped into tradition, innovation, and a resolute dedication to corporate social responsibility.

The day’s festivities commenced with the MD & CEO, Mr. Rajneesh Karnatak, joined by all EDs Mr. P.R. Rajagopal, , Mr. Swarup Dasgupta , Mr. M Karthikeyan and Mr. Subrat Kumar, CGMs, and GMs, by performing Ganesh Puja at its Head Office. Team BOI lead by their MD & CEO later joined the event of balloon raising with soaring dedication to transcend to become a truly Digital Bank.

In the evening, the festivities kicked off with the rendition of the National Anthem followed by the ceremonial lighting of the lamp by the MD & CEO and all four EDs. The chief guest of the evening was Dr. Rajan Kurade, who is currently working as a Senior Principal Scientist in National Trisonic Aerodynamic. Dr. Kurade has published over 20 research papers in journals and conferences and over 70 technical documents. Dr. Kurade along with his team members was involved in around 3000 wind tunnel tests to characterise the Launch Vehicle Mark 3 which carriedChandrayaan-3 from Sriharikota.

On this Foundation Day, MD and CEO unveiled its Universal App named “BOI Mobile-Omni Neo Bank”.MD & CEO conveyed that BOI Mobile-Omni Neo Bank is quantum shift towards achieving the highest standards of customer service which offers more than 200 services to customers. This application will make our customers to enjoy 360 degree banking facilities along with investments, payments/ remittances, shopping and managing all accounts seamlessly. The bank has implemented new-age adaptive authentication to enhance the security and authentication framework for customers.

The BOI Mobile-Omni Neo Bank App represents a significant step forward in enhancing customer experience and convenience, reaffirming Bank’s commitment to deliver all banking facilities digitally.

On this occasion, bank duly recognized the importance of giving back to society through CSR and extended financial support to the Vision Foundation of India (VFI) for free eye check-ups & surgeries for poor and needy as well as to the Society for the Vocational Rehabilitation of the Retarded (SVRR).

The events & celebrations concluded with a reaffirming commitment to make a stronger Nation and MD & CEO extended heartfelt thanks and gratitude to all customers, stake holders, staff members & well-wishers for their unwavering trust & faith reposed in the bank throughout the glorious journey of 118 years.

Sitaram Jaipuria Foundation to honour lifesavers at the second Medical & Healthcare Excellence Awards

• Recognizing their exceptional contributions, doctors will receive awards worth Rs.90 Lakhs

Chandigarh, 07 September, 2023: Sitaram Jaipuria Foundation is back with the second edition of the prestigious Medical & Healthcare Excellence Awards. Awards of a substantial Rs. 90 lakhs will be given as a symbol of profound gratitude for the invaluable contributions of the doctors towards the betterment of society’s health and well-being.

Quoting the Hon’ble Prime Minister, Shri Narendra Modi, doctors have displayed unparalleled courage, selflessness, and resilience in the face of unprecedented challenges. Their dedication brings hope and strength to our society. Hence, it’s not just a responsibility, but a necessity for us to show our profound respect and gratitude to the entire medical community.

This belief was shared by Sitaram Jaipuria, an industrialist, parliamentarian, philanthropist, and a beacon of humanitarian ideals. In recent years, the significance of medical and healthcare, often termed “The Nobel Profession,” has grown remarkably for the survival and wellness of our society. These awards are a tribute to the dedicated doctors who have stood as our unwavering support. For the initial five years, Mr. Ashok Jaipuria and family, along with their associated businesses, will fully fund the Sitaram Jaipuria Foundation Medical & Healthcare Excellence Awards. After that, the awards will continue to evolve and expand. The first edition of the awards was held on October 2022 in New Delhi and was also attended by Cancer survivor Sonali Bendre as Chief Guest.

Speaking on the occasion, Mr. Ashok Jaipuria, Chairman SJF and Chairman & MD of Cosmo First Ltd. stated, “In the spirit of Sitaram Jaipuria’s profound humanitarian values, we gather to celebrate our medical heroes. These exemplary doctors, akin to visible gods on Earth, have made it their life’s mission to heal and uplift humanity. They embody the true essence of medicine and compassion. Through the Medical & Healthcare Excellence Awards, we intend to extend our heartfelt gratitude to these healthcare warriors who often work selflessly, sacrificing their comfort for the well-being of others. This recognition is a testament to their indomitable spirit, a reminder that their devotion to serving humanity never goes unnoticed.”

The second edition will honour medical professionals across 5 categories. A total of INR 90 Lakhs Rupees will be awarded to the recipients: INR 50 Lakhs for the Excellence in Medicine and Healthcare Award, INR 10 Lakhs for the Emerging Young Leader in Medicine and Healthcare Award, INR 10 Lakhs for the Exemplary Leadership in Rural Medicine and Healthcare Award, INR 10 Lakhs for the Smt. Gayatri Jaipuria Women’s Medicine and Healthcare Excellence Award, and INR 10 Lakhs for the Shri Ashwini Kumar Lifetime Achievement in Healthcare Award.

The Award Program is steered by a distinguished Governing Council comprising esteemed members from the medical fraternity as well as Mr. Ashok Jaipuria and Mrs. Yamini Jaipuria, Managing Trustee, Cosmo Foundation, and Petsfamilia Foundation. The governing council has finalised a team of 5 jury members for the second edition of SJF awards. The jury panel includes Prof. (Dr) Narendra Kumar Arora (Chair), the Executive Director of The INCLEN Trust International; Prof. (Dr) Nikhil Tandon, the Head of the Department of Endocrinology and Metabolism at the All India Institute of Medical Sciences; Prof. (Dr) Pratima Murthy, the Director of the National Institute of Mental Health and Neurosciences in Bengaluru; Prof. (Dr) Dorairaj Prabhakaran, the Executive Director of the Centre for Chronic Disease Control in Delhi; and Dr Vivek Nangia, the Chief of Pulmonology and Principal Director & Head of the Institute of Respiratory Critical Care & Sleep Medicine at Max Hospital, Delhi.

This distinguished panel will diligently assess all applications to identify the most deserving doctors for recognition.

TeamLease Degree Apprenticeship introduces industry-specific Work-Integrated Learning Program; aims to impact over 10 lakhs candidates in the next 4-5 years

~ Focus will be on Auto, Manufacturing and Retail skilling in the first phase

~ Any 10th/ 12th pass out, or Diploma, ITIs, College Dropouts with technical background, can be selected as per the requirement of the organization

~ Average stipend for a candidate during the WILP is Rs. 11,000 – 16,000/ month

Chandigarh, 07 September 2023: TeamLease Degree Apprenticeship, India’s largest privately owned Degree Apprenticeship program from the house of TeamLease Services, has introduced its innovative industry-specific Work-Integrated Learning Program (WILP) with an aim to empower 10 lakhs candidates within the next 4-5 years. This initiative intends to create a pool of skilled and competent resources, placing a significant emphasis on the development of cognitive and technical proficiencies. Notably, this program is adaptable and can be delivered through a versatile blend of on-the-Job, online and on-site methods, providing flexibility and ease of execution.

TeamLease has already partnered with 15 esteemed educational institutions and organizations to offer work-integrated learning program (WILP), overcoming the talent shortage and its cascading effect on productivity and cost. This industry-specific program will operate across the Auto, Manufacturing, and Retail sectors, aligning precisely with the demand of these industries, thus ensuring that participants are equipped with relevant expertise.

Commenting on the launch of the program, Mr Sumit Kumar, Chief Business Officer at TeamLease Degree Apprenticeship said, “The current labour market is gravitating towards skill-based jobs instead of qualification. The advent of automation, the influence of ESG and policy reforms are driving the nature and volume of current and future jobs in India and globally. This has further widened the gap between the supply and demand of skills to fulfil the job requirements. Work-based programmes are being considered an innovation to bridge the skill gap through Industry-academia collaboration. Industry micro-credentials are added to the curriculum to make the programs relevant and address the employability gap that the industry faces while hiring. The focus is on building transversal skills (soft skills), functional/ technical skills and domain knowledge. These work-based programs are aligned with the National Credit Framework (NCF) and National Skill Qualification Frame (NSQF) as per the New Education Policy which aims to blend skills with mainstream education. The learning process is tripartite in nature involving students, industry and academia, breaking the traditional education process. These bespoke programs address the needs of every job role and industry for workforce development. We are seeing traction for such programs for capacity building in Manufacturing, Retail and logistics; and also where there is a need for capability building – pharma, healthcare, IT etc. There is a 20% increase in the intake of student trainees under such programs. Since the future of work and education is inextricable, in the next 5 years we can expect 30% of enrolments in higher education under such work-integrated programs in collaboration with industry.”

One notable feature of this program is its inclusivity, as it is not limited to college graduates alone. It embraces individuals who have completed their 10th or 12th grade, diploma holders, ITI graduates, and even college dropouts with a technical background. Throughout the program, participants can anticipate earning an average stipend ranging from Rs. 11,000 to 16,000 per month, thereby receiving essential financial support while they simultaneously learn and work. Furthermore, participants will enjoy the security of insurance coverage provided by the Employees State Insurance Corporation (ESIC), ensuring their well-being and peace of mind.

“According to industry estimates, the unemployment rate in India stood at 7.33% in 2022 and the dropout level at the secondary level stands at 12.6% in 2021-22. States like Assam, Bihar, Gujarat, Meghalaya, Odisha, & West Bengal see the highest dropout at the secondary (9-10) level due to poverty and quality of education. The work-integrated learning program we are launching addresses many of these challenges and also assists corporates in nurturing well-trained workforce. It achieves this by providing real-time talent availability, enhancing workforce productivity through structured training with 70% on-the-job exposure, and optimizing talent costs through a ‘build vs. buy’ approach. It is also expected to improve retention rates by an impressive 15%-20% through educational linkage. Additionally, this program qualifies as a strategic investment in education, employability, and livelihood for CSR purposes. We understand that the skills demanded by employers today are best acquired in a real-world, situated learning environment in collaboration with employers”, said Mr Dhriti Prasanna Mahanta, Vice President, TeamLease Degree Apprenticeship.”

The Work-Integrated Learning Program (WILP) encompasses diverse courses, including a Diploma in General Purpose Machinist and B.Sc in Mechatronics. This program has been made accessible to learners from all regions, ensuring that career growth and advancement opportunities are within reach of individuals across the country.

TeamLease’s strategic approach to sector-specific training sets it apart as an industry leader that comprehends the distinct requirements of each sector. Through the Work-Integrated Learning Program (WILP), TeamLease is paving the way for a new era of skilled and job-ready professionals, poised to make a substantial impact in the Auto, Manufacturing, and Retail sectors.

Godrej Interio launches a new store in Zirakpur, Chandigarh

~ With the new store, the retail brand aims to strengthen its presence in the northern markets of the country ~

Chandigarh, September 7^th 2023: Godrej & Boyce, the flagship company of the Godrej Group announced that its business Godrej Interio, a leader in home and office furniture has launched its new outlet at Zirakpur in Punjab. Spread across a sprawling 3500 sq. ft., the store was inaugurated by Mr. N.K. Sharma (MLA) Akali Dal. This store will provide an impetus to Godrej Interio’s retail presence in Chandigarh and Northern markets in India.

The store, located in an emerging residential neighbourhood on the main Ambala-Delhi Highway, offers specially crafted quality products in home storage, home furniture and mattresses in different styles and finishing. On the occasion of the new store launch and the on-going wedding season, the brand is offering an inaugural scheme of flat 20% discount for the customers.

Speaking on the importance of the new store in Zirakpur, Dev Narayan Sarkar, Sr. Vice president (B2C), Godrej Interio, said, “Owing to the excellent location of the store and Godrej Interio’s strong and growing brand recall in the market, we expect the store revenues to touch INR 50 lakh per annum annually by FY24. With the opening of this new store, Godrej Interio has expanded its footprint in Northern India, where it has a significant client base. We plan to open another 5-7 outlets in the state by the end of F.Y.24 and plan to grow by 20% in the next three years. We also expect revenues to reach INR 32 Cr for the complete state and INR 109 Cr for the northern zone.

Due to the strong brand recognition, we are certain that the brand will further expand the customer base bringing more patrons into the rapidly expanding Godrej Interio family.”

IHCL ANNOUNCES THE OPENING OF ‘WOW CREST’ – AN IHCL SELEQTIONS HOTEL IN INDORE, MADHYA PRADESH

Chandigarh/MUMBAI, SEPTEMBER 7, 2023:Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the opening of WOW Crest, an IHCL SeleQtionshotel in Indore, Madhya Pradesh. Nestled in the heart of Indore, the hotel is a captivating gateway to a city adorned with tales of its rich history and vibrant present.

Ms. Deepika Rao, Executive Vice President– Hotel Openings and Corporate Communications, IHCL, said, “We are delighted to open the doors of WOW Crest – IHCL SeleQtions. This hotel marks the debut of the SeleQtions brand in Indore, an important commercial city. With this opening, IHCL is expanding in Madhya Pradesh and will now have all its brands present in the state.”

The 125 keys hotel is located a short driving distance away from the Devi Ahilyabai Holkar Airport, the city’s industrial hubs and prominent landmarks. Its contemporary design is reflected in the hotel’s elegant interiors and inviting décor of the rooms and suites. Guests can embark on a culinary adventure with an array of dining experiences. Constellation, the all-day diner features local and global favourites while Nazm offers North West Frontier cuisine. Enjoy small bites at the Al Fresco Dhuaan, relax at Twilight, the bar, or enjoy a pastry at Cake Me Up.

With exclusive meeting venues spread over 6,400 square feet catering to all guest needs, whether it’s social gatherings, events, or intimate business meetings, makes WOW Crest an ideal destination for every occasion. Unwind after a busy day with a dip in the rooftop pool, or a fitness routine at the well-equipped gymnasium.

Mr. Vidish H. Mhatre, General Manager, WOW Crest, Indore – IHCL SeleQtions, said, “WOW Crest is a vibrant expression of Indore, perfectly complemented by our warm and attentive team, who will deliver personalized and immersive experiences. I am looking forward to welcoming guests.”

Indore, situated on the banks of river Saraswati is the financial capital of Madhya Pradesh and a major transit point for pilgrimage to the famous Mahakaleshwar temple in Ujjain.

With this addition, IHCL has nine hotels across Taj, SeleQtions, Vivanta and Ginger brands in Madhya Pradesh including one under development.

To know more, please visit here.

SBI leads the way in digital transit systems with ‘Nation First Transit Card’

Chandigarh, September 07, 2023: The country’s largest lender, the State Bank of India has launched the ‘Nation First Transit Card’ at the Global Fintech Fest 2023. The newly launched card is a RuPay NCMC Prepaid Card that will facilitate the seamless and convenient customer commuting experience and ensure easy digital ticketing fare payments in metro, buses, water ferries, parking, etc., through a single card. In addition, individuals can also use this card for making retail and e-commerce payments.

With a continuous and uninterrupted focus on innovation, and customer-centricity, SBI entered NCMC programs with transit operators in 2019. As a part of these NCMC programs, SBI successfully launched the “City1 Card”, “Nagpur Metro MAHA Card”, “MUMBAI1 Card”, “GoSmart Card” and “Singara Chennai Card” in Noida Metro, Nagpur Metro, MMRDA Metro Lines 2A & 7, Kanpur Metro and Chennai Metro respectively. SBI is also implementing NCMC based ticketing solution in MMRC Metro Line 3 and Agra Metro, which is in the advanced stage of execution and will be available to the public very soon.

Mr. Dinesh Kumar Khara, Chairman, State Bank of India, stated, “At SBI, we are constantly strive to make banking and everyday life simpler for our customers. The Nation First Transit Card powered by RuPay and National Common Mobility Card (NCMC) technology, is set to revolutionize the commuting experience and is aligned with the national vision of “One Nation One Card”. We are proud to introduce a card that not only eases the lives of our customers but also contributes to the growth of our country.”

Mahindra to Sponsor ICC Men’s Cricket World Cup 2023 on Disney Star for its Auto and Farm Business

Chandigarh, September 5, 2023: Mahindra & Mahindra Ltd., leaders in farm and auto sectors, today announced the expansion of its cricketing association as the Associate Sponsor with Star Sports for the much-anticipated ICC Men’s Cricket World Cup 2023 and ‘co-powered by’ sponsor on the digital platform, Disney+ Hotstar. This represents one of Mahindra’s most significant forays into sports sponsorships. In addition to the ICC Men’s Cricket World Cup 2023, this collaboration ensures visibility for Mahindra’s Automotive and Tractor brands during the upcoming Asia Cup 2023.

With its strong presence during the ICC Men’s Cricket World Cup 2023, Mahindra aims to foster a deeper connection with customers, fortifying the trust and bond they share with the brand. Additionally, Mahindra dealerships will host a series of engagement activities during the cricket season for customers.

The ‘Click to Book Test Drive’ feature, set to be prominently showcased during the ICC Men’s Cricket World Cup 2023 broadcasts on Disney+ Hotstar, highlights the brand’s commitment to leveraging technology and innovation. This enhanced feature will offer cricket enthusiasts a smooth bridge from the excitement of the match to the allure of experiencing Mahindra’s cutting-edge products first-hand.

Rajesh Jejurikar, Executive Director & CEO – Auto & Farm Sectors, Mahindra & Mahindra Ltd., said, “We are excited to be a sponsor for the ICC Men’s Cricket World Cup 2023 on Star Sports and Disney+ Hotstar. This sponsorship is a key milestone in our mission to connect deeply with the passion of millions of Indians. We see a strong synergistic resonance between our SUVs and Tractor brands and the vibrant spirit of Indian cricket. Through this sponsorship and our upcoming engagement activities, we aim to create cherished memories and strong bonds with our customers.”

The ICC Men’s Cricket World Cup 2023, coinciding with India’s festive spirit, presents a golden opportunity for Mahindra to connect with a vast audience. As India proudly hosts the entire tournament, cricket enthusiasts are gearing up for 48 thrilling matches, notably the India vs Pakistan showdown on October 14^th. These matches, broadcast on the Star Sports Network and streamed on Disney+ Hotstar in various languages, offer Mahindra a prime platform to engage with potential customers. Hotstar’s initiative to provide free access to mobile users further amplifies this reach. With viewership spanning across India, Mahindra is poised to deepen its connection with a diverse and expansive audience during this cricketing spectacle.

From the goalposts of FIFA World Cup to the association with multiple teams of the electrifying Indian T20 league to the IBA Women’s World Boxing Championships, Mahindra’s presence has been a testament to its dedication to excellence, both in the automotive & farm sectors and the sporting arena.

Farmley Reveals Rahul Dravid’s Never Seen Before Avatar in Latest Campaign

Chandigarh, September 04, 2023: Healthy snacking brand Farmley has launched the second phase of its ongoing campaign ‘Healthy ko Rakhe Healthy’. The campaign features Rahul Dravid playing an iconic avatar, in a creative maneuver highlighting the brand’s wide range of healthy snacking offerings and the need for choosing adulteration-free premium dry fruits & nuts.

The film features ‘The Wall’ of cricket enacting some unforgettable dialogues in a creative reversal: Aaj inke pass badam hai, kismish hai, pista hai, walnut hai, anjeer hai, kaju hai, peri- peri makhana hai, tumhare pass kya hai… The video wraps up with Rahul visibly amazed saying “aur bhi hai?” as Farmley has a wide variety of 100+ products, ranging from everyday dry-fruit essentials, trail mixes, and healthy snacking options to more innovative offerings like a dessert range derived from dry fruits & a pasta made from makhanas.

Commenting on this, Rahul Dravid said, “Farmley’s assortment of healthy snacking products derived from their signature dry fruits, reflects the essence of a balanced and healthy life. Farmley truly delivers what it promises & enhances the experience for both the producers & customers, by establishing deep back-end linkages and eliminating the involvement of middlemen at each stage of the supply chain.”

Aman Gupta, Head of Marketing at Farmley said, “We feel that Rahul’s integrity, dependability, and trustworthiness, perfectly embody the values that Farmley stands for. Our ‘Healthy Ko Rakhe Healthy’ campaign is about sharing the importance of keeping the purity of dry fruits & nuts intact. While the first film talks about ‘No Kishmish Mein Mishmish, No Anjeer Mein Anjaan.’ the second film talks about our wide range of 100+ healthy snacking options that we have curated from our signature dry fruits. We are sure the audience would love seeing the coming together of two iconic worlds as Rahul is revealed in a never seen before avatar.”

Farmley is emerging as the most loved new-age healthy snacking brand. Their peri peri makhanas and date bites are favourites among the consumers. They have over 100 healthy snacking products that are derived from their signature dry fruits. Farmley ensures that only the finest and purest nuts reach the end customers. By establishing deep back-end links with 5000+ trusted farmers and producers, the brand eliminates middlemen and promotes fair trade practices. With a meticulous selection process and rigorous quality checks, The products are available on various online commerce channels including Amazon, Flipkart, Blinkit, Zepto, Instamart, Big Basket and is fast expanding its offline presence across modern trade and general trade as well.

Farmley Reveals Rahul Dravid’s Never Seen Before Avatar in Latest Campaign

Chandigarh, September 04, 2023: Healthy snacking brand Farmley has launched the second phase of its ongoing campaign ‘Healthy ko Rakhe Healthy’. The campaign features Rahul Dravid playing an iconic avatar, in a creative maneuver highlighting the brand’s wide range of healthy snacking offerings and the need for choosing adulteration-free premium dry fruits & nuts.

The film features ‘The Wall’ of cricket enacting some unforgettable dialogues in a creative reversal: Aaj inke pass badam hai, kismish hai, pista hai, walnut hai, anjeer hai, kaju hai, peri- peri makhana hai, tumhare pass kya hai… The video wraps up with Rahul visibly amazed saying “aur bhi hai?” as Farmley has a wide variety of 100+ products, ranging from everyday dry-fruit essentials, trail mixes, and healthy snacking options to more innovative offerings like a dessert range derived from dry fruits & a pasta made from makhanas.

Commenting on this, Rahul Dravid said, “Farmley’s assortment of healthy snacking products derived from their signature dry fruits, reflects the essence of a balanced and healthy life. Farmley truly delivers what it promises & enhances the experience for both the producers & customers, by establishing deep back-end linkages and eliminating the involvement of middlemen at each stage of the supply chain.”

Aman Gupta, Head of Marketing at Farmley said, “We feel that Rahul’s integrity, dependability, and trustworthiness, perfectly embody the values that Farmley stands for. Our ‘Healthy Ko Rakhe Healthy’ campaign is about sharing the importance of keeping the purity of dry fruits & nuts intact. While the first film talks about ‘No Kishmish Mein Mishmish, No Anjeer Mein Anjaan.’ the second film talks about our wide range of 100+ healthy snacking options that we have curated from our signature dry fruits. We are sure the audience would love seeing the coming together of two iconic worlds as Rahul is revealed in a never seen before avatar.”

Farmley is emerging as the most loved new-age healthy snacking brand. Their peri peri makhanas and date bites are favourites among the consumers. They have over 100 healthy snacking products that are derived from their signature dry fruits. Farmley ensures that only the finest and purest nuts reach the end customers. By establishing deep back-end links with 5000+ trusted farmers and producers, the brand eliminates middlemen and promotes fair trade practices. With a meticulous selection process and rigorous quality checks, The products are available on various online commerce channels including Amazon, Flipkart, Blinkit, Zepto, Instamart, Big Basket and is fast expanding its offline presence across modern trade and general trade as well.

Farmley Reveals Rahul Dravid’s Never Seen Before Avatar in Latest Campaign

Chandigarh, September 04, 2023: Healthy snacking brand Farmley has launched the second phase of its ongoing campaign ‘Healthy ko Rakhe Healthy’. The campaign features Rahul Dravid playing an iconic avatar, in a creative maneuver highlighting the brand’s wide range of healthy snacking offerings and the need for choosing adulteration-free premium dry fruits & nuts.

The film features ‘The Wall’ of cricket enacting some unforgettable dialogues in a creative reversal: Aaj inke pass badam hai, kismish hai, pista hai, walnut hai, anjeer hai, kaju hai, peri- peri makhana hai, tumhare pass kya hai… The video wraps up with Rahul visibly amazed saying “aur bhi hai?” as Farmley has a wide variety of 100+ products, ranging from everyday dry-fruit essentials, trail mixes, and healthy snacking options to more innovative offerings like a dessert range derived from dry fruits & a pasta made from makhanas.

Commenting on this, Rahul Dravid said, “Farmley’s assortment of healthy snacking products derived from their signature dry fruits, reflects the essence of a balanced and healthy life. Farmley truly delivers what it promises & enhances the experience for both the producers & customers, by establishing deep back-end linkages and eliminating the involvement of middlemen at each stage of the supply chain.”

Aman Gupta, Head of Marketing at Farmley said, “We feel that Rahul’s integrity, dependability, and trustworthiness, perfectly embody the values that Farmley stands for. Our ‘Healthy Ko Rakhe Healthy’ campaign is about sharing the importance of keeping the purity of dry fruits & nuts intact. While the first film talks about ‘No Kishmish Mein Mishmish, No Anjeer Mein Anjaan.’ the second film talks about our wide range of 100+ healthy snacking options that we have curated from our signature dry fruits. We are sure the audience would love seeing the coming together of two iconic worlds as Rahul is revealed in a never seen before avatar.”

Farmley is emerging as the most loved new-age healthy snacking brand. Their peri peri makhanas and date bites are favourites among the consumers. They have over 100 healthy snacking products that are derived from their signature dry fruits. Farmley ensures that only the finest and purest nuts reach the end customers. By establishing deep back-end links with 5000+ trusted farmers and producers, the brand eliminates middlemen and promotes fair trade practices. With a meticulous selection process and rigorous quality checks, The products are available on various online commerce channels including Amazon, Flipkart, Blinkit, Zepto, Instamart, Big Basket and is fast expanding its offline presence across modern trade and general trade as well.

360 ONE Asset launches Balanced Hybrid Fund

NFO opens from 4^th Sep 2023 to 18^th Sep 2023. Minimum application amount is Rs. 1000 (and in multiples of Re.1 thereafter.) The scheme reopens for continuous sale and repurchase from 3^rd Oct, 2023.

The key highlights of the fund are:

• Exposure to both equity and fixed income asset classes through investment in a single fund
• First balanced hybrid fund in the category that aims to provide investors with a diversified portfolio that combines the potential for growth and stability
• Better tax efficiency (LTCG – 20% after indexation)* compared to traditional fixed-income products

Chandigarh, September 4, 2023: 360 ONE Asset Management Limited (formerly known as IIFL Asset Management Limited) (“360 ONE Asset”),announced the launch of ‘360 ONE Balanced Hybrid Fund.’ The fund is the first balanced hybrid fund in the category. It is an open-ended balanced scheme investing in equity and debt instruments.

The New Fund Offer (NFO) will remain open from 4^th Sep 2023 to 18^th Sep 2023. The minimumapplication amount is Rs. 1000 (and in multiples of Re.1 thereafter.)

360 ONE Balanced Hybrid Fund provides investors access to both equity and fixed income asset classes along with the benefit of flexibility as fund managers would have the ability to dynamically adjust the allocation within the range of 40-60% for both equity and debt, to align investments with prevailing market conditions.

The equity portfolio shall be based on the SCDV (Secular-Cyclical-Defensives-Value Traps) framework which enables the Fund to invest across different market segments. It adopts a bottom-up stock selection approach, based on in-depth fundamental research to capitalise on opportunities.

The fixed income allocation is positioned as an accrual-driven strategy with a focus on maintaining high credit quality (80% – 100% AAA allocation) and low interest rate risk.

This fund is ideal for those with a long-term investment horizon (3 years plus), and are seeking a balanced mix of equity and debt exposure. It aims to minimise volatility and explore investment avenues beyond conventional debt funds.

Commenting on the fund, Mr. Anup Maheshwari, Co-founder & CIO, 360 ONE Asset, said, “We are excited to launch the first scheme under the balanced hybrid category. This comes at an opportune time from an asset allocation perspective considering market valuations are on the higher side. We believe that this fund is well-positioned to meet the needs of investors who are looking for a balanced investment approach with the objective of generating favourable risk-adjusted returns.”

Mayur Patel, Fund Manager, Listed Equity, 360 ONE Asset, said, “The introduction of 360 ONE Balanced Hybrid Fund enables us to take advantage of opportunities across market capitalizations and sectors. The fund should benefit from the SCDV investment framework, which has a track record across our other equity funds. The fundamentals of the economy remain strong, and corporate earnings are expected to grow at a healthy pace. We remain positive on the long-term prospects of the Indian equity market.”

Milan Mody, Fund Manager, Fixed Income, 360 ONE Asset, said, “Amid global uncertainty, domestic macros remain strong, both externally (current account deficit) and internally (fiscal consolidation and capex focus). We believe we are at the peak of the rate hike cycle and the risk–reward has turned in favour of careful deployment into certain areas of the yield curve offering reasonable risk-adjusted returns. We intend to play a high accrual strategy with a conservative duration, with reasonable credits offering relatively stable returns as a cushion during market volatility.”

Mayur Patel and Milan Mody are the fund managers of the scheme and have more than 18 years of experience in the industry.

Scheme information

Keppel and DBS Bank sign MOU to scale up sustainable urban development and digitalisation solutions in Asia

Chandigarh, 4 September 2023 – Keppel and DBS Bank (DBS) today announced that they have signed a memorandum of understanding to jointly scale up sustainable urbanisation and digitalisation solutions in Asia, with a focus on India given DBS’ increasing presence in one of the world’s fastest growing economies. The collaboration aims to accelerate the adoption of energy optimisation and sustainable solutions across energy intensive segments including healthcare, hospitality, as well as commercial and industrial real estate.

The commitment is in line with the spirit of the recently concluded Business 20 (B20) dialogue in New Delhi, which focused on enabling Responsible, Accelerated, Innovative, Sustainable and Equitable (RAISE) businesses to drive sustainable economic growth and development.

India is among DBS’ six core markets, and one of the bank’s top three markets for sustainable finance. The country’s rapid rate of urbanisation is expected to have a key impact on its energy usage and global energy trends[1].

To help meet growing demand for sustainable urban solutions, businesses can access Keppel’s suite of Energy-as-a-Service solutions including high-efficiency cooling, sustainable energy and storage, distributed solar photovoltaic systems, and electric vehicle charging infrastructure, in addition to spatial programming and workplace solutions that improve building performance and uplift asset value. DBS will offer financing solutions to help clients overcome potential cost barriers associated with the implementation of such technologies.

In addition, the MOU involves offering digitalisation solutions to DBS’ corporate customers. Through Keppel’s subsidiary, M1, the collaboration will explore ways to enhance and support the digitalisation journey of businesses in Singapore. The partnership also includes an e-waste recycling initiative through AsiaPac, a subsidiary of M1, where DBS customers can trade in laptops.

Mr Loh Chin Hua, CEO of Keppel Corporation, said, “As a global asset manager with deep operating capabilities across infrastructure, real estate and connectivity, Keppel is pleased to partner DBS to address some of the most pressing needs faced by companies in Asia. The MOU provides a platform for Keppel and DBS to deepen collaboration and develop solutions to help companies be more sustainable, digitalised and ultimately, more competitive in an increasingly complex operating environment.”

Mr Piyush Gupta, CEO of DBS Bank, said: “Businesses are keenly aware of the vital role they play in achieving a net-zero future. To decarbonise at scale, companies need the know-how, as well as access to sustainable solutions and financing. DBS is committed to helping our clients transition to a low-carbon future. By building strong partnerships with leaders like Keppel, we can simplify the journey for clients by providing a suite of solutions, coupled with the appropriate financing, to drive collective action for sustainability.”

The above developments are not expected to have a material impact on the net tangible assets or earnings per share of Keppel Corporation Limited for the current financial year.

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[1] https://www.iea.org/reports/india-energy-outlook-2021/urbanisation-and-industrialisation-in-india

ACC completes its 5thLift Irrigation Project, Uplifting Farmers and Transforming Agriculture in Punjab

• ACC completes the 5^th Lift Irrigation Project in Punjab.
• Over 100 acres of land irrigated, benefitting several farmers in the region.

Punjab, 4^th September 2023: ACC Limited, the cement and building material company of the diversified Adani Group, is elated to announce the completion of its 5^th Lift Irrigation Project in Dhakori Village, Ludhiana District, Punjab. The Company aims to revolutionize agricultural practices and ensure the availability of optimum water resources throughout the year, enhancing the livelihoods of local farmers.

The lift irrigation project has been initiated to reduce water loss and facilitate water supply to higher areas. ACC has implemented a cutting-edge ‘Lift Irrigation Technology,’ incorporating GPS detailed survey to determine the shortest route and static level difference. An extensive baseline survey was conducted with key local stakeholders, including Gram Sevak and members of the Farmers Group to ensure primary stakeholders are involved in the process extensively.

ACC has been providing comprehensive education to the villagers about the numerous benefits associated with the Lift Irrigation Project. In addition, a dedicated Farmers Group was established, duly registered with the ATMA (Agricultural Technology Management Agency) department. ACC collaborated with the Irrigation Department to acquire a No Objection Certificate (NOC) for the lift water system.

The impact of this project in Dhakori village has been significant. The water is lifted from the river as needed during the farming seasons with over 100 acres of land successfully irrigated, benefiting several farming families. The availability of water has enabled farmers to diversify their crops leading to a substantial increase in their annual incomes. Additionally, the Lift Irrigation Project ensures water availability during emergencies for the entire village community.

ACC and Adani Foundation endeavors to bring about a revolutionary change in agricultural practices by ensuring the sustainable availability of water resources for local farmers. Through the implementation of efficient irrigation solutions, our aim is to empower the farming community, uplift their livelihoods, and enhance their agricultural productivity.

Kalyan Jewellers Unveils A Heartwarming Digital Campaign This Teacher’s Day

Brand Ambassador Wamiqa Gabbi shares screen space with legendary actor Zarina Wahab for the first time

Pays homage to educators, mentors and teachers who always remind us that passion, dedication, and the power of connection can overcome any challenge

Campaign film titled – “With every step, we celebrate you!”

Chandigarh, 4^th September, 2023: Kalyan Jewellers, one of India’s largest and most-trusted jewellery brands has announced the launch of its Teacher’s Day digital campaign that focuses on the power of mentorship and perseverance. The 45-second long campaign ad features Kalyan Jewellers’ brand ambassador Wamiqa Gabbi sharing screen space with acclaimed actor Zarina Wahab as a teacher-student duo. Motivating us to gracefully sway to the tune of our aspirations, regardless of the challenges, and consistently emphasizing that enthusiasm, commitment, and the strength of bonds can conquer any barrier; Teachers are a window to our souls. This Teacher’s Day, Kalyan Jewellers pays tribute to these mentors who re-envision what can be achieved and demonstrate that each progressive stride we take can be a celebration of life.

The heartwarming video campaign pays homage to the relentless dedication of teachers who inspire us to chase our dreams despite adversities and challenges. This campaign shines a spotlight on the power of passion, unwavering determination, and the profound impact of human connections on uplifting lives.

The campaign ad brings forth a touching story of a young girl with a fervent passion for dancing, while her inability to hear and speak present formidable obstacles. It revolves around the deep connection shared by the young girl with her Guru, who becomes her guiding light and plays a critical role in fortifying her determination to become a successful classical dancer. The heartwarming video showcases this exceptional teacher-student bond that empowers the young girl to break free from the confines of her disabilities. The one-of-its-kind digital campaign serves as a reminder that with the right guidance and unwavering support of teachers, individuals can rise above any obstacle to achieve success.

To check out the digital ad, click on the link below:

Ad Link:https://www.youtube.com/watch?v=Eh0Ky3ax5Qo

Garena announces launch of Free Fire India

Chandigarh, September 04, 2023: Garena, a Singaporean global online games developer and publisher, today announced the launch of Free Fire India, available for download exclusively in India from September 5. Free Fire India incorporates unique content and features to encourage a safe, healthy and fun gameplay experience.

The announcement was made at a launch event today by Garena’s Co-founder Mr. Gang Ye and Yotta Infrastructure’s (“Yotta”) Co-founder and Chairman Mr. Darshan Hiranandani, in the presence of the High Commissioner of the Republic of Singapore to the Republic of India, HE Simon Wong.

Leveraging Yotta’s local cloud infrastructure to enhance user experience

Yotta, a Hiranandani Group company, will provide the local cloud hosting and storage infrastructure for Free Fire India. As a MeitY-empanelled service provider, Yotta will ensure best-in-class management of personal data of Indian users on local servers and network connectivity services to support Garena’s product offerings in India, including in esports.

Users encouraged to #PlayItRight

Free Fire India will offer features and content specifically developed for Indian users, as well as a range of features designed to promote safe, healthy and fun gameplay. These include a verification system to enable parental supervision, gameplay limitations and ‘take a break’ reminders.

Celebrating Indian sports culture: MS Dhoni as inaugural brand ambassador

Underlining its commitment to celebrating the best of India within the game, Garena also unveiled Indian cricket icon MS Dhoni as the new brand ambassador forFree Fire India. He will be celebrated as the first Indian sportsperson to be featured in-game as a playable character, “Thala”. Dhoni will be joined by other leading sportspersons, such as football captain Sunil Chhetri, badminton champion Saina Nehwal, tennis legend Leander Paes, and Kabbadi champion Rahul Chaudhari.

Launch of Free Fire India Championship

Earlier this year, Garena and Yotta entered a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh to drive the development of esports in India. Today, Garena announced that the flagship Free Fire India Championship (FFIC) will take place later this month. Open to teams across India, the winners will earn the opportunity to represent India at the Free Fire World Series in Thailand this November. More details of FFIC and other esports initiatives dedicated to Free Fire India will be announced over the coming weeks.

Speaking at the event, H.E. Simon Wong, High Commissioner of Singapore to India, said, “Garena’s launch of Free Fire India and commitment to localising and developing the esports ecosystem locally is testament to the vibrancy of the mobile games and esports space in India, and to India’s potential for global leadership in this area. I look forward to greater partnerships in the digital media, entertainment and esports fields between India and Singapore.”

Mr. Gang Ye, Co-founder of Garena, said,“India is home to very passionate communities of esports enthusiasts and we are excited to be able to support our fans from Bharat with the launch of Free Fire India. We look forward to providing an engaging and highly localised experience for Indian users. We believe our partnership with Yotta will ensure that our users can enjoy the highest quality gameplay experience and benefit from Yotta’s expertise in protecting and securing Indian user data. We are also committed to supporting the development of India’s esports and startup ecosystems. The Free Fire India Esports Championships is our first step in building out our platform of esports events and activities in the coming months to empower Indian esports athletes to succeed globally.”

Mr. Darshan Hiranandani, Co-founder & Chairman, Yotta emphasised the strides made in the data centre sector in India, stating, “Our –partnership with Garena is a strong endorsement of the significant progress in the Indian data centre industry. We are pleased to bring our unique data hosting and cybersecurity expertise for the benefit of Indian users. This partnership will foster further India-Singapore technology collaboration.”

Amazon to invest US$15 million in nature-based projects to support communities, climate resilience, and biodiversity in the Asia-Pacific region

• Amazon’s Right Now Climate Fund expands its support for biodiversity and climate resilience projects in the Asia-Pacific region, following nine similar investments in communities across Europe.
• The fund will invest an initial US$3 million into projects in India, beginning with a first project in the Western Ghats to plant 300,000 trees – creating carbon sinks as well as enhancing wildlife conservation and livelihoods.

Chandigarh, 4 September 2023 – Amazon today announced a US$15 million allocation for nature-based solutions in the Asia-Pacific (APAC) region. This allocation draws from Amazon’s US$100 million Right Now Climate Fund, which was created in 2019 to support nature conservation and restoration projects that enhance climate resilience and biodiversity, while driving social and environmental benefits in communities where they operate.

“The Asia-Pacific region is home to vast forests and rich coastal environments, but it is also highly vulnerable to climate change, biodiversity loss and land degradation.” said Kara Hurst, Amazon’s Global VP for Sustainability. “To protect the region from the impacts of climate change and preserve biodiversity, we will need both large-scale and local action – and we’re committed to investing in both.”

The first US$3 million from the fund’s APAC allocation will support nature-based projects in India. For its first project, Amazon will be working with the Centre for Wildlife Studies (CWS) to support communities and conservation efforts in the Western Ghats, a UNESCO World Heritage Site which is home to more than 30% of all of India’s wildlife species, including the world’s largest population of wild Asiatic elephants and tigers. Amazon’s funding of US$1 million will help CWS establish the “Wild Carbon” program, which will support 10,000 farmers in planting and maintaining one million fruit-bearing, timber and medicinal trees.

Amazon’s direct contribution will enable CWS to partner with 2,000 family farms and plant 300,000 trees over three years. The trees will help to expand land area for animals and reduce human-wildlife conflict through the creation of natural buffer zones, while also bringing in higher-value trees for the farmers compared to other subsistence crops. CWS will also use project funds to develop state-of-the-art monitoring systems using drone and remote sensing technology and on-the-ground surveys to verify program outcomes, advancing research on the potential positive impact of farmers on reforestation opportunities.

“We have designed the Wild Carbon program with an unwavering commitment to wildlife conservation, and also poverty alleviation through livelihood support. By partnering with and incentivizing farmers to be part of the solution, we will be able to facilitate buffer habitats for tigers, elephants and other endangered species,” said CWS Executive Director Dr. Krithi Karanth. “Amazon’s support enables us to plan and build a program that is self-sustaining in the long-term. The farmers will receive upfront support to select tree types that serve both their livelihoods and the wildlife, whilst also receiving technical assistance, agroforestry training, and support for replanting failed saplings.”

Projects are selected based on their potential positive impact on local communities and livelihoods, as well as the magnitude and tangibility of benefit to the environment. Further investments in projects located in India and other APAC countries will be announced in coming months.

The Right Now Climate Fund’s allocation for India and APAC complements its broader sustainability and decarbonization efforts in the region. In 2019, Amazon co-founded The Climate Pledge, committing to reach net-zero carbon by 2040 – 10 years ahead of the Paris Agreement. The Pledge now has more than 400 signatories across 55 industries and 38 countries, which work together on initiatives that preserve the natural world and enable decarbonizing technologies. Nine Indian companies have joined the Pledge: BluPine Energy, CSM Technologies India, Godi, Greenko, HCL, Infosys, Mahindra Logistics, Tech Mahindra, and UPL. In 2022, Amazon launched six utility-scale projects in India, and the company is on a path to powering its global operations with 100% renewable energy by 2025 – five years ahead of the initial 2030 target. This includes three wind-solar hybrid projects located in Madhya Pradesh and Karnataka, as well as three solar farms in Rajasthan, representing a total renewable energy capacity of 920 megawatts. Amazon India has also committed to deploying 10,000 electric vehicles in its delivery fleet by 2025, and is well on its way to achieving this goal.

Amazon supports other nature programmes in APAC: in 2022, Amazon and Conservation International established the International Blue Carbon Institute, an organization based in Singapore that aims to mitigate climate change and protect coastal communities. It supports the restoration and protection of coastal and marine carbon ecosystems, known as “blue carbon” ecosystems, in Southeast Asia and beyond. In Europe, the Right Now Climate Fund has allocated€20 million to nature-based projects, such as a nature and wildlife restoration fund in France, a reforestation programme in Italy, an urban greening programme in Germany, rewilding and tree planting projects in the UK, and the world’s first commercial-scale seaweed farm located between offshore wind turbines off the coast of the Netherlands. Additionally, Amazon has funded forest conservation and restoration in the Appalachian Mountains in the United States, the Agroforestry and Restoration Accelerator program in the Brazilian Amazon rainforest, and is a founding member of the LEAF Coalition, a global public-private initiative working to mobilize over US$1 billion to protect the world’s tropical rainforests.

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Swaraj unveils new range of tractors to address core & emerging needs of Indian Agriculture

• Launched in the 40 to 50 HP category the new range boasts unmatched power, reliability, and new styling
• Backed by Swaraj Tractors’ best-in-segment six-year warranty
• Unveils new advertising campaign featuring Swaraj’s customer and brand ambassador MS Dhoni

Chandigarh, September 04: Swaraj Tractors, a rapidly growing brand in the country and a part of Mahindra Group, today introduced the new range of tractors in 40 to 50 HP category.

Celebrated for its pivotal role in the Green Revolution and for pioneering India’s first indigenous tractor, the new range of tractors from Swaraj epitomizes its steadfast dedication to advancing India’s agricultural mechanization and addressing the evolving needs of Indian farmers. Poised to bolster the competitiveness of Swaraj’s product portfolio, the new range has been launched within India’s rapidly expanding and dominant 40-50 HP tractor segment.

With an unwavering commitment to empower farmers and boost agricultural productivity, this range sets new performance standards in this fast-growing segment. The new tractors seamlessly blend power, reliability, and style to conquer even the most challenging conditions with the latest features and technology.

Designed to handle heavy and modern implements with ease, the new range redefines agricultural operations, effortlessly meeting the demands of modern-day agriculture, delivering exceptional power and increased productivity in both existing and emerging applications.

Hemant Sikka, President – Farm Equipment Sector, M&M Ltd., commented, “Swaraj brand’s resonance in the hearts of Indian farmers is a source of immense pride. Through this new Tractor range, we’re offering latest features and technology to elevate mechanization in Indian agriculture and empower farmers to achieve higher yields and reduce effort, fostering growth and prosperity.”

Harish Chavan, CEO – Swaraj Division, M&M Ltd., expressed excitement about the introduction of new tractors, stating, “With this new tractor range, we’re steering the brand into the future, by enhancing its core of Power, Reliability and making it ready for future agriculture mechanisation needs. Beyond performance, this new range emphasizes comfort, versatility for emerging applications and broader customer appeal with its contemporary but authentic styling.”

Through this new range, Swaraj has infused modern aesthetics, integrated contemporary design elements, and preserved its brand’s authentic timeless design, ushering in a sense of modernity and in a new era for the brand. Furthermore, to enhance the brands appeal to a wider customer base, Swaraj has also roped in its own satisfied customer and legendary cricketer MS Dhoni to endorse the brand, featuring in its new marketing campaign. The new campaign highlights the superior features of the latest range and underscores the enduring loyalty of Swaraj’s customer base.

Click here to watch the TVC:https://youtu.be/fL1fUOYS50E

The new Swaraj range is now available at all Swaraj Dealerships across India, offering excellent value for money. Prices start at Rs 6.9 Lacs for 42 HP (31.3 kW) for the base variant and go up to Rs 9.95 Lacs for 50 HP (37.2 kW) for the top-end model. To support farmers, Swaraj Tractors will also provide attractive financing options, ensuring easy access to the latest Swaraj tractor range.

Furthermore, these tractors come with a six-year warranty, highlighting Swaraj Tractors’ unwavering commitment to quality and customer satisfaction, assuring reliability and peace of mind for the farming community.

USPs of new tractor range:

• Higher CC (Cubic Capacity) and higher torque engines
• Enhanced hydraulic lift capacity
• Best-in-segment 6-speed PTO to seamlessly handle heavy and modern farm implements.
• More reliable engine with a 400-hour service interval, a more reliable front axle, and transmission
• Enhanced productivity with the option of multispeed 12+3 transmission IPTO and 4WD available across the product range
• Enhanced comfort with side shift, IPTO, and easy hitch features
• Stylish single-piece bonnet with the latest digital cluster, LED tail lamps, and daylight running options

· Best-in-segment standard warranty of 6 years or 6000 hours