Archives October 2023

Grand opening of Interwood’s 16th (E.B.O Exclusive Brand outlet) at Hyderabad

Interwood 03

Hyderabad saw the opening of Interwood ‘s 16th exclusive brand outlet at the Asian sun city Building located behind the AMB mall at Kothaguda Circle. The event was a day long soirée that witnessed the congregation of the best design minds comprising of architects, interior designers and boutique builders alike.

With more than 14curated ensembles of Modular Kitchens and wardrobes, the experience centre is replete with an entire suite of the brand s best offerings. It works on a design, develop and install principle where every Kitchen and wardrobe solution is made to order based on the customer’s requirements.

Enumerating the brand’s vision, Mr. Hardeep Sawhney (Chairman Interwood) said “Interwood, over the last thirty years in existence has evolved into a mature brand fulfilling aspirations and desires of premium Indian households helping them transform the way they cook and live.” He further stated the readiness of Interwood in catering to the demand drive caused by growing demographics of cities like Hyderabad.

The brand has its USP as – “The best of European grade quality, at honest Indian Prices. It stands up to its reputation of having serviced more than 20,000 premium households over the last three decades boasting of an impressive repertoire of clients. Speaking on the occasion Ms. Kasturi Sawhney (Executive director) stated “With a wide range of design and finishes being offered, the architects and interior designers will experience a latitude of options to express their design sensibilities.”

With a captive manufacturing facility spread over 1 lac sft. at Bangalore, Interwood has a capacity to produce about 1000 kitchens and wardrobes in a month.

About Interwood:

Interwood is a legacy brand and a leading provider of high-quality Modular Kitchens & Wardrobes for premium homes. Their products are made using state-of-the-art German technology, and they use the most modern of materials and manufacturing techniques.

Their products are also designed to reflect contemporary design trends. Their goal is to provide customers with products that accentuate the living ambience in their homes with human safety and wellness as their core purpose. They are committed to offering products that are stylish, functional, and durable.

They also offer excellent customer service, and stand behind their products with a satisfaction guarantee. Their products are made from smart and sustainable materials and incorporate contemporary design methods reflecting innovation and their commitment to providing only the best for their customers.

Nuivio Ventures Inc. onboards former KPMG exec Basant Venugopal as CFO

BasantVenugopal

Bengaluru, October 11, 2023: Nuivio Ventures Inc., a US-based tech venture builder, has onboarded Basant “Baz” Venugopal as its Partner and Chief Financial Officer (CFO). Baz will assume a pivotal role in shaping Nuivio’s financial management and driving fundraising initiatives to support Nuivio’s startup studio model of ideating, building and scaling up promising startups, fostering their growth and success.

Baz comes to Nuivio with significant financial and leadership experience in the startup and venture capital industry, previously serving KPMG and EY in deal and business advisory teams. He had successfully launched and managed a North America based capital advisory firm wherein he had raised capital of over USD 350 million over the last 5 years for startup and midcap clients. He has led and delivered on finance transformation and has a proven track record of finance control, risk and compliance, fund raise and M&A.

This appointment reflects Nuivio’s commitment to strengthen its leadership team to support its portfolio companies. Nuivio’s current portfolio companies include Ignitho, a successful AI & Digital Engineering services company; Piqual, a B2B sales lead generation SaaS platform and Talentou, an AI-driven talent scouting SaaS platform. The venture-builder has been bootstrapped thus far and is planning a potential pre-Series A fund raise of USD 7-8 million by mid-2024.

Commenting on Baz’s appointment, Joseph Olassa, CEO of Nuivio Ventures, said, “We are thrilled to have Baz Venugopal join our leadership team. His financial acumen and commitment to disciplined financial management align perfectly with Nuivio’s mission to create value for our investors and portfolio companies. Nuivio Ventures has been growing its portfolio through internal revenue accruals and Baz’s experience will enable us to raise external capital by showcasing Nuivio as a great investment opportunity to potential investors”.

Scott Nugent, CCO at Nuivio, stated, “Baz’s appointment underscores our dedication to building a strategic portfolio of AI companies with streamlined financial management. Nuivio is firmly committed to creating sustainable value for our stakeholders, and Baz will play a central role in achieving this goal.”

 

Baz Venugopal shared his excitement about joining Nuivio Ventures, “I’m excited to be part of Nuivio and its commitment to creating value for entrepreneurs and investors. Nuivio provides me with a unique platform and opportunity to build a strong foundation for its growth, innovation and impact in the startup community. I look forward to leading the financial management and fundraising efforts that will support our portfolio companies and drive returns for our investors.”

 

News18 Bangla announces a special programming lineup to celebrate Durga Puja in its full spirit

News18 Bangla announces

11th October 2023: As the auspicious festival of Durga Puja approaches, News18 Bangla has announced a series of exciting and unique programs for its viewers. With the aim of celebrating the essence of this grand festival, the channel has announced its most comprehensive coverage to date, which features a display of more than 2000 Durga Pujas from West Bengal’s rural and semi-urban areas under the programming name “Zilar Sera”.

Durga Puja, the most celebrated festival in West Bengal, is synonymous with grandeur, culture, and tradition. News18 Bangla is committed to bringing the festivities closer to viewers, no matter where they are. From remote corners of every district to the bustling city streets, ‘Zilar Sera’ promises an immersive experience that showcases the grandeur of the Durga Puja from across Bengal.

News18 Bangla has also lined up a variety of unique programs to ensure viewers have a memorable Durga Puja season –

Durga Puja Bulletin: A 30-minute non-stop pre-Puja bulletin that provides a sneak peek into the festival’s preparations, the latest fashion trends, mouthwatering culinary delights, and heartwarming Durga Puja stories from across Bengal.

Pujor Adda: Exploring the culture of Bengali Adda, watch an informal chat show in which celebrities from various fields will share their favourite Pujo experiences and lighten the air with heartfelt Pujo songs.

Dashobhuja: Celebrating the power of women, News18 Bangla will shine a spotlight on 10 remarkable women who have triumphed over societal challenges, inspiring countless others. We proudly call them the Dashobhuja of our society.

Sera Abasan & Kolkatar Sera: These programs seamlessly blend on-air programming with on-ground activations. News18 Bangla will recognize and honor the best Durga Puja celebrations organized by clubs, committees, and RWA complexes through an extensive screening process involving students from art colleges, artists, and celebrities.

Khabordar: The acclaimed prime-time show ‘Khabordar’ takes viewers on an adventure as a fearless woman biker explores the state on her bike, uncovering exclusive stories. This Puja, ‘Khabordar’ will reveal lesser-known Durga Puja stories and delve into the history of Bonedi Bari & Raj Bari.

News18 Bangla is thankful and grateful to its sponsors and partners for making this a colossal event. The presentation sponsors are JIS Group and SNU, it is co-powered by Reliance Industries Limited and Dear Government Lotteries, and special partners B.N. Ghati, Bimal Saree Center, IIHM, and Wild Stone. Additionally, Samata Co-operative Development Bank and Super Power Detergent have joined as associate sponsors, enhancing the overall Puja experience.

The programming line-up began on 1st October and will continue through 25th October 2023. News18 Bangla is excited to share this joyous season with its viewers and invites everyone to be a part of this grand celebration.

Renowned Petroleum Geologist Sanjiv Nath Transforms into an Acclaimed Artist, Inspiring the World with His Creative Journey

11th October 2023: Sanjiv Nath, a distinguished Petroleum Geologist whose illustrious career spanned over three decades at the Oil & Natural Gas Commission (ONGC), has emerged as a prolific and celebrated artist, captivating the art world with his vibrant and thought-provoking creations.

Having served in key leadership roles within ONGC, both in India and abroad, including as Regional President for Latin America and Director of MECL (a Columbian JV company), Sanjiv Nath’s transition from an industry stalwart to an accomplished artist is nothing short of inspiring. Amidst his bustling corporate career, Nath’s passion for art quietly simmered, nurtured by his mother’s discerning taste for aesthetics and the guidance of an art teacher during his school days. His artistic journey traces back to the age of 12 when he completed his first large oil painting.

In 2013, while serving as ONGC Videsh’s Country Manager in Cuba, he represented India as an artist in the Indo-Cuban Cultural Confluence Art exhibition, a testament to his dedication to both his career and art. Today, Sanjiv Nath’s art speaks volumes, channeling his emotional, spiritual, and creative energies onto canvas. His paintings range from vividly realistic depictions to abstract narratives, delving into themes of mysticism, existence, and spirituality.

As he unveils his artistic prowess to the world, Sanjiv Nath carries a vital message — the irreplaceable value of authentic, handcrafted art in an era of rapid technological advances. He urges connoisseurs to embrace the tangible, soul-stirring beauty of original art that transcends the artificial realm of AI-generated creations. With an illustrious career behind him, Sanjiv Nath now dedicates his life to the pursuit of art and encourages the younger generation to explore the uncharted realm of spiritual connection, embracing the true essence of humanity. His story is an inspiring testament to the ageless pursuit of passion. His advice to fellow seniors: “Life is a game, play it with love, empathy, and passion. Embrace your newfound innings and never let the spark within diminish.”

International Clown Festival in Bengaluru from Oct 19 to Oct 22

International Clown Festival

Bengaluru, 11th October 2023 The International Clown Festival is here! Get ready to laugh and be thoroughly entertained by a talented lineup of award-winning professional clowns, interactive performances, workshops and many more entertainment activities for people of all ages. A theatre show with 100 minutes of non-stop laughter, comedy, juggling and music, the International Clown Festival will be held on 19th-20thOctober at Prestige Auditorium with shows at 4 PM and 7 PM and on 21st-22nd October at Good Shepherd Auditorium, Bengaluru, at 3 PM and 6PM.

The festival is curated and produced by Martin Flubber D’Souza, an award-winning international clown, former Vice President of the World Clown Association, and the recipient of the International Clown of the Year award. Flubber has performed across 7 countries on the biggest stages in the world and now he brings his rich experience of international entertainment to your city. “Clowning is much more than just the makeup and costumes; it takes skill and practice that many of the professional clowns rehearsing for the festival now have honed over the years. We only hope that our clown characters can bring as much happiness and joy to your lives as they do in ours.” shares Martin Flubber D’Souza, popularly known as his clown character Flubber.

The International Clown Festival is an annual festival that aims to showcase the art of clowning while providing a fun and engaging experience for attendees of all ages. It is a gathering of International Clowns from across the Globe -Italy, Singapore, Canada, US, Germany, and India. This year’s festival promises to be bigger, better, and more entertaining than ever before. Get ready to laugh, be amazed, and rediscover the magic of live entertainment. Don’t miss out on the fun – book your tickets early and secure your spot at this one-of-a-kind event!

Consistent Infosystems Successfully Conducted its “Growth Spark” Distributor Meet 2023 in Delhi

Growth Spark

New Delhi India October 2023 Consistent Infosystems, one of the fastest-growing IT brands with product categories in IT, Electronic & Home Entertainment Industry successfully conducted its “Growth Spark” Distributor Meet 2023. The agenda of the meet was to inform the distributors about Consistent Infosystem performance and its future growth plans & new product offerings.

The meet was held at Crowne Plaza, Delhi in which Consistent Infosystems briefed its Distributors about company’s strategy for years to come encompassing People, Product and Process. To strengthen its relations with the Distributors, Consistent Infosystems aimed at understanding the market requirements from distributor and to boost long term relations.

The meet saw the attendance of more than 100+ Distributors across India and aboard present their physically as well as virtually. Consistent Infosystems products such as SSD, LED TVs, Wireless Routers, POE Switches, CCTV cables, Gaming Cabinets, Gaming Mouse and Keyboards, Frameless LED Monitors, IP, HD & Solar CCTV Cameras, CAT6 cable, Micro SD cards, Cabinets, HDDs, and Networking Racks etc were also showcased at the meet.

Speaking on the occasion, Yogesh Agrawal, CEO & Co-Founder and Nitin Bansal, Founder & MD, Consistent Infosystems Pvt. Ltd, said, “Distributors are an integral part of Consistent Infosystems growth and this meet was to brief them about our future plans. I would like to thank our Distributors for taking Consistent to newer heights. At Consistent, we have always believed in working towards building and maintaining long term and mutually beneficial relationships with all of our Distributors and work together as a team.”

The meet saw various discussions and feedback mechanism between top management of Consistent Infosystems and Distributors regarding any problem they are facing while dealing their products, Distributor’s schemes, new product ranges to be launched and future growth plans. At the end of the meet, Consistent Infosystems felicitated their Top 25 Distributors with Awards, Certificates and Giveaways recognizing their efforts for brand’s promotion and performance.

Riding on its innovative approach, Consistent has grown successfully and has increased its footprint across all major states in India. Today the company has 20+ branches, 9+ countries presence, a portfolio of 300+ products, 300+ employees, 55+ Service centers and more than 3500+ channel partners. The brand is also coming up with various Distributor schemes in which they will be awarded with exciting rewards to attract them and be a part of their growing family.

Aditya Birla Capital Foundation (ABCF) and National Institute of Securities Market (NISM) Collaborate to Conduct Financial Literacy Program for Youngsters

Bangalore,11th October 2023: Aditya Birla Capital Foundation (“ABCF”), the CSR arm of Aditya Birla Capital and the National Institute of Securities Market (“NISM”), an educational initiative of SEBI, have announced their collaboration to conduct a customised Financial Literacy Program for youngsters, in over 60 cities, across Tier-II and Tier-III locations, pan-India.

The program endeavours to create financial awareness, this program will reach out to more than 40,000 college students, who will undergo an intense 10-hour financial literacy classroom training, facilitated by NISM-certified trainers. On successful completion of the training, participants will be given a certificate by NISM and Aditya Birla Capital Foundation.

Furthermore, to promote the habit of savings, financial planning and investing, the module will help deliver knowledge of financial and securities markets in a simplified manner. The aim is to enable students understand the framework of personal finance, diverse investment and savings opportunities, pre-requisites of engaging in securities markets and various risk assessment and mitigation strategies. The course will also help the participants to develop future-ready skills and explore careers in the financial services sector.

Mrs. Vishakha Mulye, Director, Aditya Birla Capital Foundation and CEO, Aditya Birla Capital Limited, said, “Empowering the youth with financial knowledge is pivotal in today’s dynamic economic landscape. Financial education is like a life-skill and if imparted to youngsters at an early age, it will help to develop responsible financial behaviour and mindset to take charge of their financial well-being in the future. Our collaboration with NISM demonstrates our commitment to provide the right knowledge and skills necessary for future generations to make informed financial decisions and do well in their careers”.

Dr. CKG Nair, Director, NISM said, “NISM is tasked with the objective of enhancing awareness on the systems, products, and processes in the securities markets to a large number of stakeholders in the eco-system and to create a cadre of well-informed practitioners in tune with the regulatory objectives. This joint initiative between NISM and ABCF is an ideal platform to achieve the objective of well-informed participants in the securities markets”.

ABCF and NISM will conduct these trainings across various states including Maharashtra, Gujarat, Goa, Madhya Pradesh, Rajasthan, Uttar Pradesh, Haryana, Chhattisgarh, Jharkhand, Uttarakhand, Karnataka, Kerala, Tamil Nadu, Andhra Pradesh, West Bengal, and Assam.

Siemens announces milestone of 100 digital use cases on Siemens Xcelerator; four Ecosystem Partners

Chennai, 11th October 2023: Siemens Limited achieved a significant milestone for its Siemens Xcelerator platform with the inclusion of 100 India-relevant digital use and reference cases across multiple industries such as Food & Beverage, Data Centers, Commercial Buildings, Power Utilities and others. Siemens Xcelerator is an open and evolving digital business platform that comprises a comprehensive, curated portfolio that includes digital and Internet of Things (IoT)-enabled offerings (software, hardware and digital services) from Siemens, and certified third parties. Part of the Siemens Xcelerator portfolio is Industrial Operations X, an open and interoperable portfolio for automating and operating industrial production and Building X, a scalable digital building platform to digitalize, manage and optimize building operations.

Tata Consultancy Services (TCS), Koncept Engineers, Safex Technologies and Sonicbolt Technologies were announced as Siemens Xcelerator Ecosystem Partners – a crucial component with a far-reaching impact on the digital transformation of organizations.

As a Siemens Xcelerator partner, TCS will engage with customers through a consultative process to provide holistic solutions for a Connected Digital Enterprise. These solutions will be based on the expertise of TCS in areas such as simulation, industrial automation, IoT, industrial edge, 5G, cybersecurity, product and application lifecycle management, manufacturing execution systems, enterprise resource planning, enterprise asset management and low-code application development. Koncept Engineers, Safex Technologies and Sonicbolt Technologies will provide integrated building management solutions and integration services of HVAC, fire safety and security systems. These include energy optimization, building information modeling integration, digitalization, cloud-based offerings and building automation as well as for Building X.

Peter Koerte

Peter Koerte, Chief Technology Officer and Strategy Officer, Siemens AG, said, “We have made significant progress over the past year with Siemens Xcelerator and growing a powerful ecosystem. With India’s economy continuing its high growth momentum aiming to double its GDP in the next 7-8 years, Indian companies have a unique opportunity to accelerate their digital transformation with Siemens Xcelerator portfolio which includes latest technologies such as industrial AI, industrial edge, digital twin and 5G.”

Sunil Mathur

Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said, “We have achieved a milestone of 100 India-relevant digital use cases, which are now available on Siemens Xcelerator platform. Together with our Siemens Xcelerator Ecosystem Partners, we will be able to support the increasing demand for digitalization and decarbonization solutions in India.”

Regu Ayyaswamy, Global Head, IoT & Digital Engineering, TCS, said, “TCS brings deep knowledge of Industrial IoT and digital engineering across a wide client portfolio and expertise in Siemens Xcelerator solutions. With TCS’ ‘Bringing Life to Things’ framework, enterprises can maximize value from a Connected Digital Enterprise by responding to physical context with digital intelligence, accelerating digital product creation, enabling neural manufacturing and becoming sustainable by design.”

Many of the use cases were on display at the fourth edition of Siemens India Innovation Day 2023 in Mumbai, where Siemens showcased a range of technology innovations and customer references on digital transformation through an Ideas Marketplace, Co-Labs and Siemens Xcelerator Hub.

In his Keynote Address at the Siemens Innovation Day 2023, Peter Koerte outlined the power of the Industrial Metaverse which is an always-on world, where real machines and factories, buildings and cities, grids and transportation systems are mirrored in the virtual world. It has the potential to solve real-world problems by integrating cutting-edge technologies such as digital twin, artificial intelligence, and edge and cloud computing. It will enable users to simulate and test different scenarios, and to work on real things together virtually, in real-time, and from anywhere – whether designing buildings and power grids or servicing machines. This will result in reduction of costs, emissions, and resources.

Acknowledging the major challenges for India’s industry, in its recent paper, Siemens highlighted the five megatrends that are transforming the global economy. These megatrends are seen to be shifting the geopolitical balance of power, and profoundly impacting the global workforce: demographic change, urbanization, glocalization, environmental change & resource efficiency, and digitalization. Siemens’ mission is to present solutions, along with the Siemens Xcelerator partners, for tackling these challenges.

Indian Institute of Science hosts the Springer Nature India Research Tour team on campus

Indian Institute of Science

New Delhi, 11 October 2023 – The Indian Institute of Science, Bengaluru hosted the 9th research summit as part of Springer Nature’s India Research Tour, being conducted in collaboration with the Indian Ministry of Education on Monday, 9 October 2023. The event focused on the role of open science and transformative agreements to make research more accessible for all.

Under a transformative agreement subscription access and OA publishing are brought together into one reading and publishing contract across a consortium of institutions. This means that researchers in those institutions can publish under the “gold” open access model, while also gaining access to research in subscription journals.

Speaking at the event, Frank Vrancken Peeters, CEO of Springer Nature Group said: “India is one of the fastest growing research markets in the world, second only to China. While the Indian government with its recent National Research Fund Act has reaffirmed its commitment towards research in the country, it is important that researchers, publishers and the policymakers work together to make research more accessible globally. Open Access publishing and Transformative Agreements are instrumental in enabling sustainable country-level transition to Open Access, which will make research more visible across geographies.”

The Springer Nature India Research Tour was flagged off at the Indian Ministry of Education’s office at Shastri Bhavan on 27 September. It is set to cover 15 institutes across 10 states in India over 20 days, of which its 9th stop was IISc Bengaluru.

Speaking on the occasion, Prof. Govindan Rangarajan, Director of IISC Bengaluru said: “Research is the underlying theme of this tour, and research is what we concentrate on at IISc. Going forward, research will play a more important role, given all the challenges we face. We saw these huge challenges posed by the pandemic, and now we are facing the challenge posed by climate change, stress on water resources etc. all these are challenges that need to be addressed collectively. I am sure we can provide better exposure to young researchers through such initiatives.”

The India Research Tour’s primary objective is to fortify the Indian research landscape by nurturing the talents of young researchers and creating an inclusive environment for knowledge dissemination. One of the tour’s fundamental principles is to democratise research, fostering conversations that revolve around ensuring access for all and promoting Sustainable Development Goals (SDGs).

Mr. Venkatesh Sarvasiddhi, Managing Director, Springer Nature India shared his perspective, stating: “The National Research Tour embodies a holistic approach to foster research, innovation, and knowledge-sharing throughout India. Our joint objective with the Ministry of Education is to strengthen India’s research landscape, empowering young researchers, promoting access for all, and advancing Sustainable Development Goals. We are particularly committed to empowering women researchers and facilitating access for girl students, thus promoting the values of diversity, equity, and inclusion within Indian academia.”

The Ministry of Education and Springer Nature India are resolute in steering India toward a sustainable and innovative future. This collaborative endeavour, grounded in research, innovation, and the realization of the SDGs, symbolizes India’s unwavering commitment to meaningful progress.

Porter Launches Intracity Logistics Services in Kanpur

Porter

Kanpur: Porter, one of India’s largest tech-based, on-demand logistics companies today has forayed into the city of Kanpur with its diversified logistics services. Continuing its expansion in Tier-II & Tier-III markets, the company aims to ensure efficient and hassle-free goods movement through its range of vehicles. With nine years of experience in providing reliable, affordable, and hassle-free logistics services across India, Porter’s expansion to serve the dynamic and growing market of Kanpur will create new opportunities in the city and boost the economy.

Kanpur’s strategic location at the intersection of major highways and railways makes it a convenient transit point for goods and materials. Since the city is also located close to the upcoming Delhi-Kolkata Industrial Corridor (DKI) and the Uttar Pradesh Expressway Industrial Development Authority (UPEIDA) nodes, Porter’s strategic foray into the city will further enhance its logistics connectivity and attract more capital investment in the region. Additionally, Kanpur emerging as a major industrial hub in Uttar Pradesh with a diverse range of industries including textiles, leather, paint/chemicals, detergents, engineering and pharmaceuticals will pave the way for efficient logistics and supply chain management in the city. Lucknow has been a great success story for the company and, along with Kanpur, the two cities will help Porter build a very strong cluster presence in Uttar Pradesh.

The company is looking at onboarding over 600 driver-partners to drive the intracity logistics services in the city and the number of driver-partners is expected to reach more than 3,000 by the end of the first year of operation. The expansion is expected to transform the business scenario leading to the direct and indirect employment of more than 12,000 people with a targeted base of 20,000 customers in the first year.

Speaking on the announcement, Manish Gupta, Vice President – Trucks at Porter said, “Porter’s journey towards moving a billion dreams, one delivery at a time has been well-received across the country over the years. Including Kanpur, one of the most dynamic cities with diverse logistics needs in our logistics operation, we aim to cater to the existing needs in the market with our on-demand vehicle at affordable rates, quick service with utmost security and live-tracking along with other advanced technology, dedicated team, and commitment to eco-friendly practices. We strive to contribute positively to the lives of the driver-partners we onboard in the city. We look forward to capitalising on the growing demand for logistics services in the city and contributing to its growth and development.”

With the launch in Kanpur, Porter will now be operating in 20 cities across India. Porter plans to expand to 35 cities in the next two years, with the aim to gain greater penetration within Tier-II and Tier-III cities.