Archives November 2023

New Delhi, 8th November 2023: Keeping up the pace towards revamping the wearable technology experience of Indian smartwatch enthusiasts, Maxima, a leading player in the industry, has now launched two new elegant and advanced smartwatches – Max Pro Epic and Max Pro Grand. Both the all-new smartwatches introduced by Maxima are loaded with smart features and are indigenously designed and manufactured in India in an ISO9001:2015 state-of-the-art production facility.

With the amazing Max Pro Epic, users can immerse in stunning visuals and vibrant colors on an amazing 1.85” HD 2.5D curved display. The futuristic smartwatches offer 240×286 px display resolution for better picture quality and experience. Users can also personalize their smartwatch’s look with a wide range of cloud-based watch face options to suit their style and choose their own menu style from options with advanced UI.

On the other hand, the newly launched Max Pro Grand comes with a 1.83 HD 2.5D curved display, which also offers 240×286 display resolution, providing an exclusive user experience. Max Pro Grand has been designed as a statement insignia in line with Max Pro Epic, enabling its users to choose among 7 menu style options with advanced UI to make the smartwatches suit the individual style preferences of the users. Max Pro Grand is powered by Maxima SmartFit App.

Both smartwatches launched by Maxima are equipped with BT5.2, through which users can experience seamless, stable and reliable connections with the Bluetooth 5.2 technology, thereby staying connected on the go by making and receiving calls directly from their watches. The advanced smartwatches have an IP67 water-resistant feature to prevent the watches from water splashes and dust.

Both Maxima smartwatches also offer necessary utilities for a better every day like calendar, sedentary & drinking reminders, stopwatch, timer, screen lock and many more. The advanced watches support AI voice assistance, including Google Assistance & Siri, both for Android & iOS users to work smart.

“Like our previously launched smartwatches, the all-new Max Pro Epic and Max Pro Grand are the perfect fit for not only fashionistas but also fitness enthusiasts. The watches are loaded with 100+ sports modes to let users track and monitor over 100 sports activities to stay motivated and reach their fitness goals,” noted Manjot Purewal, Managing Partner of Maxima.

The Maxima watches offer advanced features like heart rate monitoring to optimize workouts and monitor overall cardiovascular health, sleep monitoring options to gain insights into sleep patterns, including deep sleep and REM cycles, and SpO2 monitoring to measure blood oxygen saturation levels to ensure optimal respiratory health during physical activities.

Both Max Pro Epic and Max Pro Grand are designed with a premium construction and are compatible with both male and female wrists. While Max Pro Epic is launched at an attractive price of Rs 1399, Max Pro Grand comes with a price of Rs 1299.

Bangalore, 8th November 2023: TVS Industrial and Logistics Parks Pvt Limited. (TVS ILP), a part of TVS Mobility Group is proud to announce a strategic partnership with Lingotto, an investment management company owned by Exor N.V., the renowned global holding company with a strong track record of successful investments across diverse sectors.

This transformative partnership has been set in motion through a secondary stake sale by an existing investor, a British International Investor, and the UK’s development finance institution (DFI). This secondary transaction has taken place at an Enterprise Value of ₹2,800 crores, emphasizing the potential and size of TVS ILP. Lingotto shall on board with a 21% shareholding in TVS ILP.

TVS ILP has been the first corporate developer leading the path in Grade A warehousing since its inception in 2005 with facilities Pan-India. Recognized for its unwavering commitment to excellence, TVS ILP is renowned for delivering best-in-class warehousing and logistics solutions across India. The company’s ultimate aim is to be the trusted leader in integrated logistics parks, offering comprehensive services tailored to clients’ diverse needs. TVS ILP stands out for its exceptional project execution, ensuring prompt delivery and fostering enduring partnerships with customers. The company has a diverse clientele encompassing industry leaders in sectors such as FMCG, FMCD, CDE, 3PL’s, Ecommerce and many more.

The company boosts a 20msf platform and has been instrumental in setting industry gold standards, in the largely unorganized Indian Logistics Parks space, with enviable operational parameters. With Arjuna’s eye on operational profitability, the company has been maintaining more than 98% occupancy over its long history, with a 100% utilization for the past 6 years, exhibiting its business prowess, while holding true to its ‘Client First’ motto. Parallelly, following the DNA of its founders, the company has always been cognisant of its social responsibilities, and as a testament to its unwavering efforts in this direction, has been constantly humbled with accolades like Edge+ Champion from IFC (a member of World Bank Group). More at www.tvsilp.in

Lingotto Investment Management LLP (Lingotto) is an independent and entrepreneurial investment management company based in London. It is wholly owned by Exor N.V., one of Europe’s largest diversified holding companies, and is authorized and regulated by the Financial Conduct Authority. Its purpose is to deliver attractive long-term returns through a complementary, differentiated, and unique investment approach. It provides talented investment professionals a home in which they can pursue their passion for investing through an attractive combination of autonomy and structured support. More at www.lingotto.com

Commenting on the partnership, Mr. Ravi Swaminathan, Vice Chairman of TVS Industrial and Logistics Parks Pvt Limited., said: “Our vision is to create tech enabled infrastructure solutions to the warehousing and logistics parks industry. We have delivered robust growth for nearly two decades due to evolving customer demands for more sustainable and innovative products. Now is the time to bring the company to the next level by strategically investing in its future. To achieve this, we welcome the Lingotto as a valued strategic partner. The Board is convinced that this action will secure the long-term success of the company and benefit all stake holders.”

Commenting on the partnership, Mr. Ashish Kaushik, Partner at Lingotto, said: “TVS ILP is a pioneer in providing logistics and infrastructure solutions to the warehousing and logistics parks industry. TVS ILP is now poised for the next phase in its Pan-India growth and we are excited to join the company for accelerating their growth trajectory. We look forward to working closely with TVS ILP.”

Commenting on the partnership, Mr. Srini Nagarajan, Managing Director & Head of Asia at British International Investment (BII) Group said: “Our partnership with TVS ILP is a great example of how BII invests for positive social and environmental outcomes. Together, we have helped to create job opportunities and promote green building practices across all of TVS ILP’s warehouses, resulting in lower energy and water consumption and reduction in greenhouse emissions. As we welcome Lingotto to the partnership, we remain committed to supporting TVS ILP’s growth as a leader in the integrated warehousing sector.”

8th November 2023: Max Protein, a leading name in the fitness and nutrition industry, introduces its comprehensive range of Protein Powders, including Whey Protein, Plant Protein, and Roti Mix, through its latest campaign, #MadeForOneMore. This campaign showcases the return of the popular ‘Protein Police’ featuring actor Thakur Anoop Singh on an exciting new mission.

This campaign is purposefully designed to resonate with health-conscious individuals who frequent the gym, compelling them to break their own boundaries and strive for that additional step in their fitness journey. Collaboratively created by Schbang Delhi and produced by Yaarlog films, the campaign’s film illustrates how Max Protein’s Whey Protein empowers individuals to set new benchmarks by pushing for that extra repetition.

The brand positions its new range of products – Whey Protein, Plant Protein, and Roti Mix, as the ultimate choice for dedicated gym-goers who aspire to push their max to a new max. With the overarching theme of ‘Protein Power To Keep You Going’, Max Protein aims to inspire confidence and transformation in individuals while providing motivation and support to overcome self-doubt.

The ad unfolds in a high-energy gym setting, where individuals are pushing themselves to their limits, including the main character – Thakur Anoop Singh, who’s striving for that one final repetition. When the gym falls quiet and lights dim, an unexpected turn unfolds. The ‘Protein Police’ is back, now on a new mission, and appears beside Thakur Anoop Singh. They urge him to push beyond his own limit, emphasizing the importance of self-belief for achieving greatness with each extra repetition. They help him eliminate his self-doubt and push him to exceed his own max.

Commenting on the same, Vijay Uttarwar, CEO at Naturell India Pvt Ltd (Max Protein) said, “We are thrilled to announce our new campaign around ‘Protein Police’ as a part of our latest #MadeForOneMore initiative. Max Protein has always been dedicated to empowering fitness enthusiasts to reach new heights, and this campaign perfectly embodies that spirit. It’s about pushing beyond our limits, breaking boundaries, and achieving that one extra repetition. We believe in the power of self-belief and self-doubt elimination, and that’s what the ‘Protein Police’ represents – pushing you to exceed your own max. Join us in this inspiring journey towards a fitter, stronger you.”

Further to this, Thakur Anoop Singh, Indian actor and fitness enthusiast said, “I’m truly honoured to be a part of this incredible campaign that encourages everyone to go beyond their limits and discover the power of self-belief. The ‘Protein Police’ is not just a character in this film, it’s a symbol of the support and motivation we all need on our fitness journeys. It was an electrifying experience being in that high-energy gym setting, striving for that one final repetition. This campaign is a testament to the fact that greatness can be achieved by pushing ourselves to exceed on our own.”

Dr. Ravinder Varma, Brand Manager, Naturell India Pvt. Ltd (Max Protein) said, “Our #MadeForOneMore signifies our commitment to empowering individuals on their fitness journey, fostering personal growth, and eliminating self-doubt. It embodies our dedication to providing top-tier nutrition solutions while also marking our venture into the whey protein space. We aspire to inspire individuals to surpass their limits and redefine their fitness journey, all with a focus on excellence and a commitment to lead in this arena.”

On the creative concept behind the campaign, Manish Kinger, Executive Creative Director, Schbang Delhi, remarked, “To launch Max Protein’s performance range of products, we were presented with a dual challenge – extend the Max Protein equity in a brand-new category but also take the conversation as far from the protein-snacking world as possible. We found a sitting duck in #MadeForOneMore – to position a protein supplement as the source of ‘one more rep’ that sits between your Max and new Max was half the job done.

In the objective of extending Max Protein’s world, we saw an opportunity to expand the universe of Protein Police. Thus, the biggest brand asset was given an all-new role of delivering the punch of #MadeForOneMore by standing strong against self-doubt”

Max Protein’s product line includes Whey Protein, known for 25g Protein, 5.2g BCAAs, Zero Added Sugar. It not only supports muscle growth and recovery but also offers a delicious and filling option for those who are conscious of what they consume. With the inclusion of DigeZyme for Enhanced Digestion, Max Protein’s Whey Protein is a 100% vegetarian choice that stands out.

Bangalore, 8th November 2023: IndusInd Bank goes live with RuPay Credit Card on UPI with the launch of ‘IndusInd Bank Platinum RuPay Credit Card’, in collaboration with the National Payments Corporation of India (NPCI).

In addition to making seamless payments to merchants via the RuPay network using POS devices and e-commerce websites, IndusInd Bank RuPay credit card customers can now conveniently initiate UPI payments by simply linking their credit cards with the UPI-enabled Apps. With the integration of IndusInd Bank’s RuPay credit card on UPI, individuals can make transactions seamlessly on both online and offline platforms and earn accelerated rewards on their UPI transactions.

Furthermore, the users will have the flexibility to convert reward points into statement credit, air-miles or opt for multiple vouchers options through IndusMoments.

Speaking on the announcement, Mr. Soumitra Sen, Head – Consumer Banking and Marketing, IndusInd Bank, said, “We are delighted to introduce IndusInd Bank Platinum RuPay credit card in collaboration with NPCI. Given UPI’s universal prevalence in India, linking UPI to credit card is a further amalgamation of convenience and features/benefits, all enhancing customer convenience and payment experience. With this card, we open doors to a world of benefits and rewards through UPI, ensuring that customers’ financial aspirations are always within reach, placing the power of effortless transactions right at their fingertips.”

Mr. Rajeeth Pillai, Chief Relationship Management & Marketing, NPCI, said, “We are excited to further strengthen our partnership with IndusInd Bank as they embark on their journey with the RuPay network. IndusInd Bank’s Platinum RuPay Credit Card seamlessly combines convenience of UPI with the rewarding experience of credit cards. RuPay has progressively established itself as a modern, contemporary, and vibrant brand, characterized by tailor-made value propositions supported by cutting-edge technology that ensures both wider acceptability and security. As RuPay credit cards continue to gain momentum in terms of issuances and market share, we at NPCI remain steadfast in our mission to further enhance credit accessibility in India, thereby transforming the way Indian consumers engage in financial transactions.”

8th November 2023: Kolte-Patil Developers Ltd.(BSE: 532924, NSE: KOLTEPATIL), a leading Pune-based real estate player, with a growing presence in Mumbai and Bengaluru, announced its results for the second quarter and half yearended30thSeptember, 2023.

OperationalHighlights–H1FY24

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Commenting on the performance for Q2 & H1 FY24, Mr. Rahul Talele, Group CEO, Kolte-Patil Developers Limited said,

“Our operating performance in Q2 and H1 highlights the trend of robust demand for quality living spaces from well-established real estate developers. In each of our targeted markets, we have successfully launched new projects while continuing to witness strong visibility across our sustenance projects. In H1 FY24, we clocked new area sales of 1.91 million square with an aggregate value of Rs. 1,333 crore, higher by 63% and 64% YoY respectively.In Q2, new area sales was up 75% YoY to 0.98 million square feet and sales value increased by 72% YoY to Rs. 632crore. Importantly, collections from customers during H1 expanded by 12% to Rs. 985 crore, creating the requisite liquidity to expedite project execution.

In H1, we launched projects/phases across segments in key micro markets. These projects contributed ~55% to our sales by value in the first half. Planned project launches for H2 are on track and will contribute to maintaining the current momentum. Meanwhile, our robust business development engine has enabled 5 new project acquisitions with aggregate top-line potential of Rs. 3,450 crore. These projects afford additional visibility in Pune, western suburbs of Mumbai as well as entry in central suburbs of Mumbai and Navi Mumbai markets within the MumbaiMetropolitan Region. Our ability to drive expansion on the back of innovative and capital-efficient engagements with our stakeholders is reflected in the recent re-affirmation of our long-term credit rating at A+ by CRISIL with an improved ’ Positive’ outlook.

Going forward, we see a positive long-term outlook for the sector and our business as the country emerges as a keydriver of global growth. During this period, we see the real estate sector constantly expanding its contribution toIndia’s progress with likely demand growth across segments. Based on customer preference for reputed brands andour strong positioning across the targeted geographies, we see consistent stakeholder value emerging from thebusinessinthe years tocome.”

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NEW YORK and NOIDA, India, 8th November 2023: —HCLTech, a leading global technology company, announced the launch of Meeting-Rooms-as-a-Service (MRaaS), in collaboration with Cisco. Available on a subscription model, this solution modernizes legacy meeting rooms and enables users to join meetings from any meeting solution provider using Webex devices.

The MRaaS solution helps enterprises simplify the design, implementation and maintenance of integrated meeting rooms, enabling seamless collaboration for their globally distributed hybrid workforces.

“MRaaS combines our consulting and managed services expertise with Cisco’s proficiency in Webex devices to change the way employees conceptualize, organize and interact in a collaborative environment for a modern hybrid work model,” said Rakshit Ghura, Senior Vice President and Global Head of Digital Workplace Services, HCLTech. “The common vision of our partnership is to elevate the collaboration experience at work and drive productivity through modern meeting rooms.”

“Our partnership with HCLTech helps our clients transform their offices through cost-effective managed services that support the ongoing evolution of workspaces,” said Alexandra Zagury, Vice President of Partner Managed and as-a-Service Sales at Cisco. “As we reimagine the modern office, we are making it easier to support collaboration and productivity among workers, whether they are in the office or elsewhere.”

Cisco’s Webex collaboration devices harness the power of artificial intelligence to offer intuitive, seamless collaboration experiences, enabling meeting rooms with smart features such as meeting zones, intelligent people framing, optimized attendee audio and background noise removal, among others.

Gurugram,8th November 2023: HCAH, a leading healthcare provider is pleased to announce the elevation of two accomplished individuals, Dr. Gaurav Thukral and Ankit Kumar Goel, to the roles of Co-founders within the organization. These appointments signify a remarkable moment in HCAH’s journey as it continues to expand and make strides in the out-of-hospital care industry.

Dr. Gaurav Thukral, who has been with HCAH for over a decade will continue serving as the Chief Operating Officer (COO) of HCAH India, in addition to his position as Co-founder. Dr. Gaurav’s dedication and commitment to HCAH have not only earned him respect as a mentor and leader within the organization but also solidifies his influence in shaping the future of HCAH.

Dr. Gaurav, Co-founder and COO, HCAH India, stated, “I am deeply honoured to assume the role of Co-founder. This elevation represents not just a personal achievement but also a testament to HCAH’s relentless pursuit of excellence. It will empower me to contribute even more significantly to our growth and I look forward to continuing our pursuit of excellence. As a team, we will continue to shape the future of the company and strengthen our standing within the rapidly evolving landscape of healthcare in India.”

Parallely, Ankit Kumar Goel, an eight-year veteran at HCAH, has played a pivotal role in various capacities. As Chief Strategy and Product Officer, he has consistently driven growth through his multifaceted contributions. Ankit’s role has spanned strategy formulation, business analysis, fundraising, and mergers and acquisitions. His strategic acumen and counsel have been a guiding force for HCAH, helping navigate complex scenarios with precision.

Commenting on his new role, Ankit Kumar Goel, Co-founder & Chief Strategy Officer, HCAH India, said, “It has been an incredible journey so far with the exceptional team at HCAH, and it’s my honour to be recognized as a Co-Founder. This recognition reinforces our shared commitment to innovation. It also cements our resolve to transform out-of-hospital care. I am looking forward to the possibilities that lie ahead.”

Vivek Srivastava, Founder and CEO, HCAH India, conveyed his enthusiasm saying, “Dr. Gaurav and Ankit represent the very essence of HCAH, and over the years, their contribution to the company has been nothing less than that of co-founders. They’ve embraced their roles with utmost dedication and have excelled at every turn. Dr. Gaurav’s remarkable leadership and Ankit’s tireless efforts in driving profitability have been game-changers for us. They have been very instrumental in HCAH’s journey so far and we truly appreciate their pivotal roles within the organization. I have every confidence that our company will flourish even further under their visionary leadership as co-founders.”

These moves bring renewed energy and visionary leadership to propel HCAH to even greater success in the years to come.

Chennai,8th November 2023: — Financial Software & Systems Pvt Ltd (FSS), a leading global provider of payments technology solutions, today announced that it has recently launched its IoT & AI/ML-enabled ATMs in India.

ATM operators have long been struggling with thin margins while facing multiple challenges in managing an ATM site and enabling the ATMs with cutting-edge technologies of IoT (Internet of Things), AI (Artificial Intelligence) and ML (Machine Learning) is expected to resolve 60% of ATM Issues remotely without any manual intervention.

FSS have been one of the leading managed services providers in the country for the last 17 years. Currently, the company services 25,000 ATMs for many private and public sector banks across India. FSS has already deployed IoT solutions for one of India’s leading private banks

The present ATM monitoring solutions are not able to identify or predict the point of failure, causing a delay in issue resolution. With this digital transformation, FSS will offer significant efficiency gains in areas of fault prediction, detection, and remote resolution.

Speaking on this development, Mr. V Balasubramanian, CEO, FSS CashTech, said, “ATMs play a pivotal role in India’s cash-driven economy. However, minimal technological advancements have been made to better the ATM landscape and operators are finding it difficult to keep this business profitable. With this technological initiative, we aim to revitalize the ATM industry in India by optimising ATM operations with tech and automation, resulting in enhanced ATM management, improved efficiency, increased uptime, and better customer experience.”

FSS is committed to the advancement of ATM services and management and digital transformation. Through collaboration with banking partners, FSS seeks to enhance security, streamline operations, and improve the ATM experience for all stakeholders. At present, FSS manages and operates 25,000 ATMs across the country, processing 7 billion transactions annually for 20 banks with its proprietary Transaction Switching Infrastructure. FSS recently launched its SaaS platform BLAZE, an advanced payments technology platform, designed to meet the diverse needs of banks and financial institutions and expects it to generate 70% of the company’s revenue by FY26.

8th November 2023:: The Global Alliance for Mass Entrepreneurship (GAME) and the Federation of Indian Micro and Small & Medium Enterprises today announced that both parties have entered into a MoU to work together on specific initiatives, interventions and programs for the betterment of MSMEs in the country. The focus will be on Delayed Payments, Ease of Doing Business, certain specific joint research projects and arbitration and grievance redressal advisory.

Speaking of the collaboration, Mr. Ketul Acharya, Executive Director, Global Alliance for Mass Entrepreneurship, shared, “FISME as a key body representing MSMEs in the country is ideally suited to help create a conducive ecosystem for MSMEs to grow and succeed. The association has taken up several activities and initiatives that have helped MSMEs significantly. GAME and FISME are coming together to keep the focus on specific and key aspects that are a hindrance to MSME growth. We are excited to work with FISME on these fronts”.

Adding to this, Mr. Anil Bhardwaj, Secretary General, Federation of Indian Micro and Small & Medium Enterprises, opined, “Our legacy and knowledge of more than five decades working with micro, small, and medium entrepreneurs, combined with the partnerships, alliances and wherewithal of the Global Alliance for Mass Entrepreneurship provide a strong base to scale MSMEs across the length and breadth of India. Whether it is access to finance, delayed payments, regulatory understanding and compliance, or bringing renewable energy to the nation’s MSME base, we intend for this partnership to provide fillip to these initiatives”.

From publishing landscape reports to research studies, formulating policy papers, and creating programs that help micro, small and medium enterprises create a base for expansion, the partnership will focus on increasing access to finance, scaling existing businesses and bringing local and national multi-body stakeholders onto the same platform.

Festive season particularly Diwali brings joy, excitement, and a break from the daily routine. For children, these celebrations are a time of anticipation, with the promise of presents, sweet treats, and quality time with family and friends. However, the festivities often disrupt their regular sleep patterns, leaving parents concerned about maintaining their child’s well-being. This season of celebrations usually involves later bedtimes, irregular meals, and heightened excitement. These disruptions to a child’s daily routine can make it challenging to get the recommended amount of sleep, which is crucial for their physical and mental development. Therefore, it is important to balance festivities with sound sleep for children to achieve this delicate equilibrium, says Dr. Paras Kumar, Consultant Neonatologist and Paediatrician, SPARSH Hospital, Bangalore.

Here are some tips for your child for a sound sleep amidst Diwali celebrations:

• Create a calming Bedtime Routine: Establish a relaxing bedtime routine that includes activities like reading, soft music, or a warm bath. This will signal to your child that it’s time to wind down for the day and prepare for sleep. Minimize noise and disturbances in your child’s sleeping area.
• Communicate and Prepare: Talk to your child about the importance of sleep and the need for balance. Explain that sleep is essential for enjoying the festivities fully. While some flexibility is natural, maintaining consistency will help them get the sleep they require.
•  Set an edge on Sugar and Caffeinated intakes: While there is no Diwali without sweets, it is highly recommended to limit its intake, especially in the hours leading up to bedtime. Parents should ensure to avoid serving sweets right before sleep to prevent a spike in energy and potential sleep disturbances.
• Manage Excitement: Help your child manage their excitement by engaging in calming activities before bedtime. A short mindfulness exercise or deep breathing techniques can be effective.
• Limit Screen Time: With the prevalence of electronic devices, children often spend more time on screens during festivals, which can disrupt their sleep due to the blue light emitted by screens. Therefore, setting a boundary on your kid’s screen time is essential for overall mental well-being
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Diwali celebrations are an integral part of childhood, and they should be enjoyed to the fullest. However, striking a balance between merrymaking and maintaining a healthy sleep routine is vital for a child’s overall well-being. By implementing these tips, you can ensure that they have a joyous festive season while still getting the sound sleep they require for growth and development concludes Dr. Paras