Archives May 2023

ALHUM INFOTECH, situated in central India (NAGPUR). ALHUM INFOTECH is a leading DSA business in Central India.

ALHUM INFOTECH is an algorithm-based technology platform that will combine data and technological innovation to enable access to various personal credit offers, comparison of different offers, and unbiased financial counseling.

ALHUM INFOTECH Group was set up in 2017 in NAGPUR by first-generation entrepreneur Ruhina Quazi.

The digital platform demonstrates ALHUM INFOTECH the company’s ambition to increase credit card sales to 50,000 by the end of 2024.

With the support of a strong tech backbone, we are set to transform our business efficiency and further strengthen the customer connect with our brand. We look forward to partnering with more and more financial services entrepreneurs to help them.

ALHUM INFOTECH offers credit cards, personal loans, business loans, housing loans, loans against property, overdrafts, savings accounts, Demat accounts, and insurance, among other things.

Mumbai,30th May 2023 Labdhi Lifestyle, a first-generation and premium real estate developer focussed on MMR has recently announced the launch of their Employee Stock Ownership Plans (ESOPs). To ensure end-to-end equity management solutions, the company has signed up with Carta. Formulation of the ESOP strategy is core to the company’s ethos of creating value across all key stakeholders. Labdhi Lifestyle has a tech start-up-like culture that provides employees an open environment that is conducive to taking on the responsibility to have a lasting impact and an opportunity to create value for employees across the spectrum.

The ESOP program will be highly beneficial to Labdhi Lifestyle’s employees. It will give them an opportunity to partake in the Company’s growth plan while providing them with a sense of ownership, engagement, and inclusivity, the rollout of the ESOP program will be completed in the next two quarters.

Speaking on the occasion, Mr. Vikas Jain, CEO, Labdhi Lifestyle said, “The ESOP program is a major milestone in our journey to ensure employee motivation, retention, and loyalty. We value our employees and believe that this initiative will allow them to become further invested in the company’s culture, growth, and success.”

“We are excited to welcome this new era of employee ownership and celebrate each employee’s stake in our success! “ Mr Jain added.

The company believes that this move will add to its positive work culture. Additionally, the program will increase their financial inclusivity, giving them an equal opportunity to benefit from the company’s growth and success.

Labdhi Lifestyle has partnered up with Carta, a renowned provider of Equity Management Solutions, to provide its employees with a comprehensive ESOP experience. Carta provides industry-leading services for ESOP Advisory, Valuation, and Governance and boasts an impressive client roster comprising of iconic companies such as Zomato, Pine Labs, and Ola.

This collaboration will ensure Labdhi Lifestyle’s ESOP program is managed to the highest standards.

Recently, Labdhi Lifestyle acquired a mixed-use project at Bandra Kurla Complex (BKC) with a development potential of over 2,00,000 sq ft.

India’s homegrown Paytm Payments Bank Limited (PPBL), announced that it now enables convenient payments for car parking at the underground parking at Noida — Sector 16 using FASTag. The Bank has partnered with Noida Development Authority and authorized MG Infra Solutions, to facilitate digital payments for parking at the prominent underground Film City parking site.

In association with MG infra solutions, the Bank will also soon enable FASTag payments at the Sector 18 multi-level car parking along with Sector 38A multi-level car parking in Noida while also providing its transit wallet card solution for providing ease of parking payments throughout the city.

With this partnership, people can pay the parking fees digitally, without worrying about the cash payment. Paytm FASTag works on radio-frequency identification (RFID) technology, allowing users to drive through the FASTag lanes without making them stop and tender cash to pay at parkings, saving both fuel and time. Paytm Payments Bank is the largest issuer of FASTags and one of the largest acquirers of toll and parking plazas in India.

Paytm FASTag has gained popularity for its instant activation and superior customer care support. Another benefit is that users do not require a separate prepaid account or login credentials as all Paytm FASTags are linked seamlessly to the popular Paytm Wallet. We have already gone live at other prominent parking lots such as Pune Airport, AIIMS, Patna Airport, DLF City Centre, Star Mall, South Point Mall, Pacific Malls, among others.

Surinder Chawla, MD & CEO, Paytm Payments Bank said, “We continue to drive innovation in digital payments by enabling users to conveniently pay their parking charges along with various other existing use cases. For the crowded and popular spots in Noida, we are happy to bring FASTag-based parking which will improve the consumer convenience while providing seamless travel in and out of these parking sites.”

SP Bhati, GM incharge, Noida Authority said, “With the help of Paytm Payments Bank and our authorized MG Infra Solutions, multi level vehicle parking in Noida sector 16, 18 and 38 will become smart parking. Vehicles entering the MLCP’s in Noida would be able to pay digitally via FASTag with near free flow movement in and out of the parking lot. Moreover, easy payment facility will also be used at the two wheeler parking at all Noida parkings with the help of Paytm NCMC card. This would contribute to the overall digitisation of Noida.”

Praveen Gupta, CEO of MG Infra said, “In an initiative of enabling all our parkings with FASTag, till date, we have converted our Noida Sector 16A film city underground parking into FASTag-based smart parking along with Paytm Payments Bank. Furthermore, we will be introducing the same at Sector 38A and 18 parking as well. We are also planning to launch Paytm NCMC card based parking at all these sectors along with pre-booking for parking slots providing ease at entry/exit.”

Bengaluru, 30th May 2023: Sunstone, one of the leading higher education startups in India, has launched Sunstone Select- an innovative and experiential PGDM program at Krupanidhi School of Management- an AICTE-approved institute. Sunstone along with the institute, will offer a fully residential PGDM program to its students, emphasizing experiential learning to equip students with the necessary skills and knowledge to thrive in this changing landscape.

Sunstone Select is a trailblazing experiential PGDM program that stands out from traditional PGDM programs by providing students with practical, real-world knowledge. This program is designed to revolutionize classroom learning by adopting a “field-first” approach, and it offers students the choice of 6 cutting-edge specializations with dual specialization options.

The six specializations include Marketing & MarkTech, Finance & Fintech, People & Organization, Product Innovation & Management, Business Analytics & Insights, and Logistics & Supply Chain.

Commenting upon the launch, Mr Piyush Nangru, Co-Founder and COO, of Sunstone, said, “Sunstone is proud to launch Sunstone Select at Krupanidhi School of Management, which is not just another PGDM program, but a unique, residential, and experiential learning opportunity. We understand that the gap between theoretical knowledge and practical application is a major challenge for students today. With Sunstone Select, we strive to provide students with a distinctive program that equips them with the skills and experience necessary to thrive in the ever-evolving business landscape. This program goes beyond the traditional classroom setting and offers a ‘field-first’ approach to learning, giving students the chance to apply their skills in real-world settings.”

The Sunstone Select 2-year PGDM program adopts a multifaceted approach to education, offering students a unique mix of outdoor, student-led, and industry-immersion programs. The program’s outdoor immersion activities aim to broaden students’ horizons and deepen their understanding of India’s socio-economic landscape, providing them with opportunities to engage in thought-provoking conversations with industry leaders and CXOs. By offering these immersive experiences, Sunstone Select aims to equip students with a well-rounded education that prepares them for the complex challenges of the modern business world.

The outdoor immersion programs adopt a holistic approach to develop students’ critical thinking, leadership, and problem-solving abilities while establishing strong connections with business professionals. Student-led immersion programs like Brand Building, Venture Initiation, and Social Innovation prepare students for future leadership roles. The program emphasizes real-world projects with industry leaders, providing practical business experience. It also offers a CXO mentorship program and a 6-month internship to apply classroom knowledge in professional settings. Access to networking opportunities, events, and meetups accelerates students’ journey from the classroom to the boardroom.

Commenting on the association, Dr Sam Paul, Director of Krupanidhi School of Management said, “Our partnership with Sunstone reflects our commitment to providing our students with a well-rounded education that prepares them for success in today’s competitive job market. By integrating Sunstone Selects innovative, residential, and experiential PGDM program into our curriculum, our students will gain practical skills and industry insights that will help them thrive in their careers. We are confident that this unique program, which combines classroom learning with real-world experience, will equip our students with the tools they need to become successful business leaders and entrepreneurs.”

With the admission season just around the corner, Sunstone Select presents a one-of-a-kind opportunity for students seeking to carve out a successful business career. This pioneering program is designed to provide a comprehensive learning experience that goes beyond the classroom and equips students with the skills and knowledge needed to excel in the rapidly evolving business landscape. Sunstone Select empowers students to become the next generation of business leaders by focusing on leadership, innovation, and hands-on training. For further information https://sunstoneselect.in/

New Delhi, 30th May 2023 Max Life Insurance Company Ltd. (“Max Life” / “Company”) has announced its highest-ever individual Claims Paid Ratio of 99.51% in FY’23. Underlining the ever-increasing customer trust at the most crucial juncture of the insurance relationship, Max Life has surpassed the 99% Claims Paid Ratio for the fourth consecutive year. With a deep-rooted commitment to customer-centricity, Max Life continues to deliver on its promise to financially protect its customers at the ‘moment of truth’, reflecting in its new ‘India Ke Bharose Ka Number’+.

Max Life has deployed predictive analytics-based underwriting models with robust fraud management controls that helped the Company with fast and superior claims management. The Company has also been proactive in providing customers with swifter, frictionless services and superior customer experience. This has enabled Max Life to build long-term trust, enhance customer satisfaction and improve its Net Promoter Scores (NPS). With such digital investments in claims and underwriting over the last five years, Max Life has consistently improved its claims-paid ratio from 98.74% in FY’19 to 99.51% in FY’23.

Prashant Tripathy, MD & CEO, Max Life said, “We have continued our efforts to drive efficiencies in our most complex processes and digitally enable our operations, including claims and underwriting. This progress is reflected in our superior claims paid ratio this year, which has been amongst the industry’s best over the last five years. We believe that our claims paid ratio is a reflection of fulfilling the trust that our customers place in us, and we will continue to raise the bar higher.”

 Max Life ranked amongst the top two best-performing companies on Net Promoter Scores in an industry benchmarking study (Insurance CuES 2023) by Hansa research⁺ and was recognized as one of the Best BFSI Brands by Economic Times in 2022.

Mumbai,30th May 2023— M.Ad School of Ideas, formerly known as Miami Ad School of Ideas, proudly announces the graduation of its Class of 2023, accompanied by a remarkable achievement of 100% placements. This significant milestone not only celebrates the successful completion of their educational journey but also underscores M.Ad School’s commitment to excellence in advertising education. The graduates of M.Ad School have secured coveted positions at top global companies, including Netflix, DDB Mudra, Spotify, Google, Ogilvy, and many more, solidifying the school’s reputation as a leading institution in the advertising industry.

In addition to their impressive placements, the graduates of M.Ad School have already completed internships at multiple foreign destinations, such as Germany, France, the US, and various other countries. These international experiences have enriched their understanding of global advertising trends and provided them with valuable cross-cultural perspectives.

Offering a range of comprehensive courses in Art Direction, Copywriting, and Digital Design, M.Ad School has equipped its students with the skills and knowledge necessary to thrive in the dynamic field of advertising. Through practical training, industry collaborations, and a cutting-edge curriculum, the school has prepared graduates to meet the demands of the industry head-on. The exceptional placements achieved by the Class of 2023 serve as a testament to the effectiveness of M.Ad School’s educational approach.

The convocation ceremony, held at a prestigious venue in Mumbai, was a momentous occasion attended by esteemed guests and faculty members. Aditi Mittal, a trailblazing stand-up comedian and actress, graced the event as the chief guest. Her presence added an extra layer of inspiration to the graduating students, as she emphasized the importance of creative thinking and embracing one’s unique voice in the advertising world. Aditi’s encouraging words resonated deeply with the graduates, further fueling their determination to make a mark in the industry.

Expressing his pride and satisfaction, Raj Kamble, the visionary Director of M.Ad School of Ideas, stated, “We are delighted to witness the graduation of the Class of 2023 and their remarkable accomplishment of 100% placements. At M.Ad School, we take immense pride in providing our students with the necessary skills and industry exposure to excel in their careers. Our focus on practical training, industry collaborations, and a cutting-edge curriculum has empowered our graduates to not only secure positions at top global companies but also contribute meaningfully to the advertising industry.”

The dean of M.Ad School of Ideas, Neha Misra echoed this sentiment, stating, “This is a moment of immense joy and fulfilment for all of us at M.AD School. The Class of 2023’s 100% placements at top global companies affirm the value of our educational approach and the talent of our students. We congratulate each graduate on their outstanding achievements and wish them continued success as they embark on their professional journeys.”

New Delhi,30th May 2023Garuda Indonesia (GA) and Singapore Airlines (SIA) today announced plans to enter into a joint venture arrangement that would deepen the cooperation between the two carriers, increase passenger capacity between Singapore and Indonesia, and offer customers more travel options between the two countries.

Subject to regulatory approvals, the proposed joint venture will cover routes between Singapore and Denpasar, Jakarta, and Surabaya. This will expand on the Memorandum of Understanding (MoU) that the two airlines signed in November 2021.

It would allow Garuda Indonesia and Singapore Airlines to potentially coordinate schedules between Singapore and Indonesia, offering customers more seamless flight connectivity between the two countries and beyond. The carriers will also explore the implementation of new initiatives, including joint fare products and an alignment of corporate programmes to enhance the value proposition to customers.

Please refer to Annexe A for more information on the partnership.

Mr Irfan Setiaputra , President and Chief Executive Officer, Garuda Indonesia, explained, “With the existence of more than a decade of collaboration between these two national flag carriers, this joint venture agreement, as a further milestone of the partnership expansion initiative, will certainly strengthen the commitment between the two carriers simultaneously, delivering a seamless and valuable flying experience to both our customers across the globe.”

“The joint venture agreement is also a part of our effort to improve our company’s performance through our network strategy by optimising our network through partnernship with our strategic airline partners, especially Singapore Airlines. With this initiative, both airlines agreed to further explore more advantages for both our customers, allowing them to enjoy various flight schedules with enhanced value services within the networks of Garuda Indonesia and Singapore Airlines.

“On top of that, this deepening relationship may also strengthen tourist flows between Indonesia and Singapore, which makes it easier for international tourists to create their remarkable South East Asia journey – visiting the uniqueness of Singapore, and exploring the exoticism of Indonesia’s multiculturalism while enjoying the beauty of the scenery across the islands in Indonesia that awaits.”

Mr Goh Choon Phong, Chief Executive Officer, Singapore Airlines, said: “This joint venture will be a win-win arrangement that elevates the long-standing partnership between Garuda Indonesia and Singapore Airlines. It reflects our firm commitment to grow the aviation markets in Indonesia and Singapore, facilitating a greater level of business and people connections and promoting both countries as regional tourism destinations. Our customers will also enjoy even more benefits, including an improved level of network connectivity, enhanced travel convenience, and additional fare options.”

New Delhi, 30th May 2023 KLH Hyderabad Campus of KL Deemed to be University KLH Hyderabad Campus is making significant strides in empowering villages and transforming lives through its Smart Village Revolution initiatives. To understand the need for focused attention, a dedicated team of 140 students and faculty members visited 3 villages of Hyderabad, Telangana to address crucial needs. A small quick survey was also conducted by the Department of Students Activity Center who visited three villages in Telangana, namely Qutubuddinguda, Reddipally, and Appojiguda, as part of their efforts to identify the needs and conduct camps to address the required skilling areas.

The camp commenced with a thorough evaluation of the children’s English communication skills, revealing a significant need for improvement. In response, tailored English-speaking sessions were conducted, employing effective teaching methodologies. The children exhibited remarkable enthusiasm and progress, demonstrating a substantial improvement in their speaking skills and showcasing a keen interest in mastering the English language.

Addressing another critical aspect, the camp focused on enhancing health awareness among the girls of the villages. Engaging directly with the girls, a series of interactive sessions were conducted, delving into various aspects of their health. It was observed that a lack of knowledge about physical and hormonal changes during adolescence was prevalent among them. Consequently, comprehensive information about menstruation was provided, emphasizing the importance of adopting appropriate safety measures during this time.

Furthermore, the camp included career guidance sessions to support the aspirations of the children. Valuable guidance was provided, highlighting the necessary steps and shedding light on the potential challenges they may encounter along the way.

Dr. G. Pardha Saradhi Varma, Vice Chancellor of KL Deemed to be University, emphasized the significance of the Smart Village Revolution initiatives, stating, “We believe in actively contributing to the noble cause of transforming our villages into smart communities. Social responsibility is ingrained in our institution’s ethos, and we encourage our students to actively participate in such initiatives. The week-long program in Hyderabad is a testament to our commitment. Through social internship program at the University, students invest 80 to 120 hours in social work. Such programs serve as a meaningful platform for students to actively engage with communities, making valuable contributions to their development. By participating, students not only deepen their understanding of social issues but also cultivate a strong sense of empathy and the significance of giving back.”

The university firmly believes in nurturing essential qualities such as empathy, leadership skills, and social responsibility among its students. These initiatives not only benefit the villages and communities they serve but also shape a brighter future for the students themselves. Through their active involvement, students become empowered agents of positive change, driving progress and transformation in society.

New Delhi,30th May 2023: Effective product management is one of the key drivers of a business, and data holds the potential to turbocharge this to the next level. In order to prepare the next generation of product management professionals, the Indian Institute of Management Lucknow (IIM Lucknow), India’s leading business school ranking 6th in the Ministry of Education’s NIRF 2022 rankings, along with Emeritus, a global pioneer in providing accessible and affordable high-quality education to individuals and organizations worldwide, have announced the launch of their first-of-its-kind Executive Programme in Data Driven Product Management. The programme is India’s only executive education programme to link product management with data analytics and design thinking.

The 8-month programme is aimed at empowering professionals with about 5-10 years of work experience transition into data-driven product management. It is aimed at product analysts, product managers, future product leaders, sales managers, business developers aiming to transition into product management roles, software developers, tech professionals, data scientists, UX engineers, architects keen to enter data-driven product management roles, as well as entrepreneurs and small business owners building innovative products. Besides the high-impact 8-month live online curriculum, the programme also provides a 2-day campus immersion experience, hands-on learning through real-world case studies, expert sessions and project work enabling participants to apply their learning to practical scenarios. Participants will have the unique opportunity to learn from esteemed faculty members of IIM Lucknow such as Professor Rajeev Kamra and Dr V.S. Prakash Attili, as well as other faculty members who bring their real-world expertise to the table.

A report by McKinsey in 2023 identifies effective product management as one of the top drivers of business performance. In addition, studies globally have identified data as another aspect proven to have an impact on business success. Bringing the two together, this Executive Programme in Data Driven Product Management helps create the next generation of highly skilled product managers. To provide a comprehensive knowledge of product management by leveraging data, the programme delves into modules such as building product marketing strategy, agile and lean product development, product management for digital products and platforms, from startups to scaling up, among others.

Announcing the launch of this one-of-a-kind programme, Mr. Mohan Kannegal, CEO, India and APAC, Emeritus, said, “We are excited to collaborate with the prestigious IIM Lucknow to curate this unique programme that will determine the future of product management. Through the programme’s innovative curriculum, we aim to nurture product management professionals who can drive innovation and lead businesses towards success. Through our partnership with leading institutions such as IIM Lucknow, we are able to drive high impact, and help even professionals with no product management background contribute to successful products and businesses.”

Upon successful completion of the program, participants will have the opportunity to join the prestigious IIM Lucknow Executive Alumni, further enhancing their professional network and opportunities. The programme starts on June 30, 2023, with the standard fee for the programme priced at INR 1,98,000 + GST. Visit the programme page for more information.

ion and research.

Mumbai, 30th May 2023– Amazon miniTV – Amazon’s free video streaming premium service, today unveiled the promo of the upcoming episode of their latest show By Invite Only. The chat show, hosted by the charismatic Renil Abraham, has won over viewers across the nation with its engaging chit-chat and celebrity guests. Adding to the list, the latest episode will catch the famous content creators and Instagram influencers Ankush Bahuguna and Dolly Singh who are set to bring in their flavour of humour and drama. The duo will be seen having a good time and engaging in witty banter and fun conversation about their life, journey and revealing some interesting stuff.

The promo gives a glimpse of how the duo engages in fun tittle-tattle, conversing with eyes and even spilling some tea, as Renil digs in. When asked about if they know any creators who have lost their mind after being famous, Dolly seemed a little stuck and said she doesn’t know, while Ankush replied with a big Yes! He continued by saying in his quirky way, “Dirty laundry wash in public and I love it”.

Sharing his thoughts on being part of the show Ankush Bahuguna said, “Audience has seen various incarnations of me; it’s time to give them a glimpse of the authentic me and make this a lot more intimate. Being a part of By Invite Only which is such a fantastic and energetic show is itself a wonderful experience, and I look forward to interacting with Renil, engaging in interesting conversation, and perhaps even spilling some juicy stuff.”

“I’ve always wanted to experience the thrill and joy of participating in a chat show, so this is quite exciting. And here I am, speaking openly and honestly along with Ankush. Our great bond has only served to enhance how unique this entire experience is. I really like Renil and I can’t really wait to have our gossip session. I promise that the episode is going to be a dose of entertainment and viewers will love it”, shared Dolly Singh.

By Invite Only, hosted by Renil Abraham, is the talk show produced by The Zoom Studios and the latest episode will premiere on 30th May 2023, on Amazon miniTV for free, available within Amazon’s shopping app and Fire TV.