Archives 2023

Gamharia,18th December 2023— XITE, hosted a dynamic Industry Talk today on “Resume Building”. The session, organized by the Department of Commerce, was orchestrated by Ashish Singh, Head of Branding and Communication, XITE.

Anshu Kumari, Corporate Relations Officer at XLRI, shared invaluable insights on resume building, guiding students towards a path of career success. And told “Resume Crafts your Future, Resume is Your Ticket to a fulfilling Career.”

The event was successfully coordinated by Prof. Sushmita Choudhury Sen and Ashish Singh. Attendees included Prof. Anjali Jha, Prof. Shailesh Kumar Dubey and Dr. Pramod Kumar Singh.

Mumbai’s premier food, entertainment and shopping destination – Infiniti Mall, will be unveiling a delightful Christmas Carnival, capturing the holiday spirit and providing an opportunity for their customers to celebrate the festival of joy and happiness with their loved ones.

The Christmas carnival, hosted at the Malad and Andheri location of the Mall, will feature exciting workshops and performances, building on Christmas cheer to the atmosphere. Activities such as a magic show, carol singing, Santa parade, Christmas nail art, are expected to engage young children and help them experience thrilling moments.

The Carnival will also feature a flea market set-up by specially abled children at the Mall’s Malad location, selling meticulously crafted hand-made products such as decorative items, accessories, bakery products such as chocolates, candles and other personalized gifting options.

Details of the Christmas Flea Market by specially-abled children:

Christmas Flea Market by specially-abled children

Christmas Flea Market At Infiniti Mall, Malad

16th & 17th December, 2023

4:00 pm onwards

Details of Christmas Carnival at Infiniti Mall, Malad:

Workshop schedule – Infiniti Mall, Malad

1. Dec 16th, 2023 (Saturday) 4:30 pm – 6:00 pm Christmas Nail Art
2. Dec 22nd, 2023 (Friday) 4:30 pm – 6:00 pm Christmas Tattoo Making
3. Dec 29th, 2023 (Friday) 4:30 pm – 6:00 pm Christmas Painting Workshop

Performance Schedule – Infiniti Mall, Malad

1. Dec 16th, 2023 (Saturday) 6:30 pm – 8:30 pm Christmas Hip-Hop
2. Dec 17th, 2023 (Sunday) 6:30 pm – 8:30 pm Magic show
3. Dec 23rd, 2023 (Saturday) 6:30 pm – 8:30 pm Jambey – Drum Circle
4. Dec 24th, 2023 (Sunday) 6:30 pm – 8:30 pm Carol Singing
5. Dec 25th, 2023 (Monday) 6:30 pm – 8:30 pm Santa Parade
6. Dec 30th, 2023 (Saturday) 6:30 pm – 8:30 pm Little People Show
7. Dec 31st, 2023 (Sunday) 6:30 pm – 8:30 pm Clown &Team show

Details of the Christmas Carnival at Infiniti Mall, Andheri

Performance Schedule – Infiniti Mall, Andheri

1. Dec 16th, 2023 (Saturday) 6:30 pm – 8:30 pm Magic show
2. Dec 17th, 2023 (Sunday) 6:30 pm – 8:30 pm Christmas Hip-Hop
3. Dec 23rd, 2023 (Saturday) 6:30 pm – 8:30 pm Girls like to swing | Prop Dance Choreography
4. Dec 24th, 2023 (Sunday) 6:30 pm – 8:30 pm Carol Singing
5. Dec 25th, 2023 (Monday) 6:30 pm – 8:30 pm Santa Parade
6. Dec 30th, 2023 (Saturday) 6:30 pm – 8:30 pm Ribbon Dance Performance
7. Dec 31st, 2023 (Sunday) 6:30 pm – 8:30 pm Little People Show

Infiniti Mall, a division of K Raheja Realty Group, welcomes all for a merry Christmas.

Bengaluru, 18th December 2023 Elgi Equipments Limited (BSE: 522074 NSE: ELGIEQUIP), one of the world’s leading air compressor manufacturers, is committed to fostering a sustainable and healthy lifestyle and living environment for employees, channel partners, and the community across the globe. As a demonstration of this commitment, ELGi is proud to power the 11th edition of the Coimbatore Marathon, the most significant sporting event in Coimbatore. The marathon aims to unite people passionate about running, walking, fitness, and wellness in general, helping them make a difference by raising awareness about cancer – the 2023 edition expects participation from 18500+ runners, including 1600+ ELGi employees and their families.

During the last decade, the collaboration between Elgi Equipments and the Coimbatore Marathon has transformed the fitness landscape in Coimbatore and helped make substantial progress in combating cancer, a critical health issue. The Coimbatore Marathon was conceived as a platform to raise awareness about cancer and support the Coimbatore Cancer Foundation (CCF). Over the years, this event has become synonymous with cancer awareness in the region. The proceeds from the marathon have helped CCF expand its various activities, such as screening, counseling, and support groups, ensuring essential services are accessible to a greater number of individuals. In addition, the proceeds have also helped enhance the monetary aid provided to cancer patients, encompassing surgical procedures, chemotherapy, radiotherapy, diagnostic tests, hospital fees, and rehabilitation services.

New Delhi, December 17, 2023: The Interfaith ‘Christmas Festival’ ” Kristu Mahotsav- 2024″ is a great initiative, which is not just about celebrating or exchanging gifts but is also about peace and harmony, with the motto “Include Everyone Exclude None”.

According to Justice C.T. Ravi Kumar, a Supreme Court judge and the chief guest of the event organized by the Chavara Cultural Centre, the festival emphasizes staying on Earth to find heaven here rather than searching elsewhere. The event was themed ‘Celebrating Diversity – Celebrating Bharat’ and took place at the Diocesan Community Centre, Ashok Place, Gol Dak Khana, Delhi.

The festival aimed at spreading joy among differently-abled children from Delhi, Uttar Pradesh, and Haryana. The festivities were also live-streamed on YouTube. Justice C.T. Ravi Kumar, after inaugurating the event, was joined by prominent figures like Archbishop Anil Couto of Delhi, Archbishop Kuriakose Bharanikulangara of Faridabad, and Dr. Father Martin Mallath CMI, General Counselor for Education and Media, who addressed the audience.

The main celebrants, including Father Varghese Vallikkat, and Fr Norbert Herman SVD, shared their thoughts.

The festival showcased cultural programs in art, literature, and culture, bringing together Episcopal churches, various communities, and regional people in unity, mirroring the diversity in unity, akin to celebrating an Indian festival.

Special guests at the event included Lok Sabha Member Dr. Lorho S. Pfoze, Vice-Chairperson of the National Commission for Minorities K.K. Debu, and Sushil Goswami Ji Maharaj, National Coordinator of the Indian Multi-Faith Parliament. The event also witnessed the presence of Swami Chandra Dev Ji, Founder Chairman of the Global Sant Society, Sufi Ajmal Nizami, Trustee of the Nizamuddin Dargah, Rabbi Ezekiel Isaac Malekar, Chief of the Delhi Jewish community, and Acharya Yeshi Phuntsok from CIHTS (Central Institute of Higher Tibetan Studies) in Varanasi, Sri. Vivek Muniji Maharaj, Mrs. Carmel Tripathi, Mrs A Dhanalakshmi, Joint Secretary DST.

Speaking about Christmas, Archbishop Anil Couto said, “Christmas conveys a message of peace, joy, hope, and love. We are celebrating this Christmas with the message of love and unity, connecting hearts and making it a festival for India.”

Dr. Fr. Roby Kannanchira CMI, Director Chavara Cultural Centre Delhi, organizer of the program, said , ” Christmas is the commemoration of the birth of Jesus- the prince of love who included everyone and excluded none. The light of selfless love of Christ will expel the darkness of hatred and jealousy from this world. Celebrating Christmas with differently abled children heals the wounded humanity.”

Advocate Dr. K.C. George praised the differently-abled children, extending Christmas greetings and expressing the hope that the festival would contribute to their health and education. He described it as a festival of hearts, aiming to spread brotherhood and goodwill in the country.

Father Martin Mallath, CMI, Chairman of the Chavara Cultural Centre, commented on the festival, calling it an initiative for interfaith dialogue, art, literature, and cultural discussions to promote peace and harmony in society. He likened it to the Christmas message of peace, joy, and hope, and anticipated that the festival would spread a positive message of unity among people in the country.

Italian design-inspired modular furniture company eyes Indian hinterlands for growth plan of 100 outlets

Bangalore: December 17, 2023: India’s IT city is emerging as a major market for exquisitely fashioned home and kitchen furniture that reflects the essence of Italian craftsmanship. Capitalizing on this trend, Lecco Cucina – the maker of Italian-design-inspired modular kitchens and wardrobes, is expanding its footprint in the highly style-conscious Bangalore market with the addition of its latest experience centre. Strategically located in the HSR Layout, the exclusive and expansive Experience Centre showcases the best of designs for discerning customers in this vibrant locality that is home to a bevy of start-ups and IT companies.

This launch marks the brand’s second exclusive Experience Centre in the city and comes in quick successionto the unveiling of the Lecco Cucina Experience Centre at the Orion Uptown Mall. Spread across an impressive 1500 square feet, the showroom promises to enthral with an array of exceptional designs that are attunedto the unique aesthetic sensibilities of each customer.

The bouquet of two exquisite experience centres in Bangalore aimstoenhance the design experience for Indian homeowners apart from establishing Lecco Cucina as the aspirational symbol of innovation and style for the modular furniture industry.

Debuting with its flagship experience centre on Lavelle Road in the city, Lecco Cucina has rapidly built an impressive portfolio of exclusive outlets in a little over a year. Spread across the four south Indian states of Andhra Pradesh, Tamil Nadu, Telangana, and Karnataka, seven Lecco Cucina stores offer the choicest modular furniture that embodies the legendary Italian perfection.

A winning combination of aesthetics and utility, Lecco Cucina ushers in a new paradigm for Indian consumers who appreciate the good things in life. With their vision of bringing the best of Italian design and innovation to Indian homes, Lecco Cucina has quickly established a reputation in the region. Opting for the franchise route to expand its footprint in the region, the brand’s wide range of stylish and quality products quickly acquired an enviable reputation across south India.

“We aim to close the calendar year 2023 with 10 Franchise sign-ups, including the seven that are currently operational. We are targeting 30 outlets in 2024 and 100 outlets by 2027 across tier 2 & tier 3 cities across South, West, and Central India,” said TrishulDevanga, Business Head – Lecco Cucina.

On offer are meticulously curated combos of kitchens and wardrobes for 3BHK, 2BHK, and 1BHK homes. Fully equipped kitchen combos to spacious wardrobes, comfortable bed sets, and TV units with shoe racks – Lecco Cucina transforms dreams into reality with its amazing offerings

The Lecco Cucina growth story is fuelled by the vision and ambition to bring Italian elegance to Indian homes at reasonable prices. Lecco Cucina leverages Italian designs with German technology to fashion furniture that is attractive, functional, and cost-effective.

Mumbai,16th December 2023: Wardwizard Foods and Beverages Limited proudly announces the signing of a significant Memorandum of Understanding (MoU) with the Government of Gujarat, marking a pivotal moment in the expansion of food manufacturing capabilities in the state.

The formal signing of this transformative MoU unfolded on December 13, 2023, marking a commitment to propel Gujarat’s development into an accelerated trajectory. Symbolizing this profound commitment, Mr. D. H. Shah, IAS, representing the Government of Gujarat as the Managing Director of Gujarat Agro Industries Corporation Limited, and Ms. Sheetal Bhalerao, as the Chairperson and Managing Director of Wardwizard Foods and Beverages Ltd, signed the agreement.

Under this agreement, Wardwizard Foods and Beverages Ltd, represented by Mrs. Sheetal Bhalerao, Chairperson, and Managing Director, plans to further expand operations across Gujarat, aiming to broaden their production of Ready-to-Eat foods, Mayonnaise sauce, Frozen Foods, and more. This visionary project is poised to catalyze an investment of Rs. 500 crores, fostering substantial growth opportunities in the area.

Expressing the company’s vision regarding this strategic move, Mrs. Sheetal Bhalerao, Chairperson, and Managing Director of Wardwizard Foods and Beverages Ltd, stated, “We are proud to collaborate with the Government of Gujarat on this transformative initiative. We’re not just expanding; we’re igniting a revolution. This partnership with the Government of Gujarat isn’t just about food manufacturing; it’s about reshaping Gujarat’s economic landscape. We are confident that this collaboration will pave the way for sustained economic growth, generating 750 employment opportunities in the foreseeable future.”

The MoU underscores the commitment of both entities to promoting industrial development and employment generation. The Government of Gujarat has pledged unwavering support in facilitating all necessary permissions, registrations, approvals, and clearances required for this venture by the state’s policies and regulations.

This strategic alliance epitomizes Wardwizard Foods and Beverages Limited’s unwavering commitment to innovation, excellence, and community development.

Bengaluru, 16th December 2023 Roposo, a trends-first platform delivering LIVE experiences and shopping, unveiled its new brand campaign ‘Feel the Vibe’ today. The campaign looks to bring the platform’s core proposition of ‘shopatainment’ to life, embracing the consumers’ need for self-expression, being on top of what’s trending, and celebrating their individuality. It unifies the worlds of creator-driven LIVE videos across different genres and shopping, providing users and live streamers access to an array of novel and exciting experiences.

The ‘Feel The Vibe’ campaign encapsulates the essence of Roposo through a captivating brand film titled ‘Pretend Nahi, Trend Karo’. The video demonstrates how its target demographic, Gen-Z who tend to operate with a sense of Fear of Missing Out (FOMO), can be updated with the latest trends on the platform. It emanates from a deep understanding of the consumer’s desire to be seen and heard, stand out from the crowd, and most importantly, to never miss out on what’s hot and what’s not. The campaign aims to convey Roposo’s innovation, tailored to meet the changing evolving demands and insights of consumers, apart from creating awareness and fostering brand association. The campaign will be showcased on the corporate website as well as various platforms like the Play Store, AppStore, social media, and Glance Smart Lock Screen.

Roposo’s creator-led, interactive, LIVE shows immerse consumers in the most trending and unique pop-cultural and social moments across categories. These encompass a wide array of content formats, including vox pop, chat shows, live challenges, individual creator shows, multicasts, and game shows on entertainment, fashion, lifestyle, food & cooking, fitness, sports, comedy, dating & romance, art & décor, personal finance and more. At the same time, consumers can seamlessly switch to shopping for quirky and unique home products, and electronics, along with trendy and stylish apparel, shoes and accessories on the platform. These LIVE experiences transform consumers from being passive viewers to active participants. On Roposo, consumers can collaborate with and co-create LIVE experiences alongside their favorite creators and express themselves within vibrant communities of like-minded individuals.

Mansi Jain, Senior Vice President & GM, Roposo said, “In addition to the growing popularity of LIVE video content, LIVE social commerce is poised to revolutionize how Gen-Z and millennials approach shopping in the future. Recent studies suggest that the market size of LIVE commerce in India could potentially reach up to $5 billion by 2025. We are pleased that Roposo is leading the way in ‘shopatainment’, and we are excited about the opportunities it brings.”

“Roposo is a destination for everything that is trending and can be consumed in an engaging way. It offers the ability to track topical information, view LIVE entertainment videos, attend exclusive music performances and movie launches virtually, shop for quirky products, access the latest in the world of fashion, get recommendations from their favourite influencer, and much more. We believe in listening to what our consumers want, understanding how their preferences are evolving, and forging meaningful connections with them. ‘Feel The Vibe’ as a campaign aptly encompasses this emotion, wherein users and content creators alike will resonate with this strong sentiment of uniqueness,” she elaborated.

With over 80 million active users in India and 500 + live streamers, Roposo has been streaming over 100 live shows daily, with an average daily LIVE show watch hours of approximately 210,000. Every month nearly 6.5 million hours of Roposo content are watched on Glance Smart Lock Screen and the Roposo app. Roposo’s e-commerce marketplace has been facilitating almost 1 lakh orders every day armed with a strong third-party seller base who own inventories of more than 3 lakh products that are sourced locally and globally.

Roposo powers LIVE and SHOP on Glance Smart Lock Screen present on leading Android smartphones, with an active user base of over 200 million in India. Roposo is also available to download as an app on the Google Play Store and Apple App Store.

Roposo recently expanded its presence to Indonesia. Over the next few quarters, the company intends to broaden its footprint in additional markets, such as the US, Brazil, Japan, and more.

Mumbai, 16th December 2023: Cosmo Films a global leader in specialty films for packaging, labelling, synthetic paper, and lamination applications recently launched Metalised Electrical grade BOPP films for Capacitor application. These Films are used for Capacitor manufacturing of various types of AC and DC Capacitors. These Capacitors have diverse applications ranging from Electronics appliances, Industrial applications, Power Electronics, Automobile, Electric Vehicles, Renewable Power systems, etc.

These metalised capacitor-grade films will be manufactured under clean room conditions with micro slitting capability and thickness ranging from 2.5 microns to 12 microns.

Speaking on the launch, Mr Kulbhushan Mallik, Global Business Head, Cosmo Films, “We, at Cosmo First, have proudly pioneered industry-first solutions for the past four decades. This strategic move aligns perfectly with the Cosmo Film’s vision of strengthening our global leadership in speciality films through innovative and sustainable solutions”.

There is lot of focus from the Government to make the country self-reliant under Atmanirbhar Bharat Scheme and Electronics manufacturing and Electronics exports is a key initiative. Capacitors being an important component in electronics eco-system truly supports this Government initiative. Currently there is lot of imports happening of these electrical grade capacitor films from countries like China and with growing demand of high-quality Capacitor Grade Films, there is a large potential for these films for both domestic and exports market. The current installed capacity of these Metalised Films is approximately 750 MT per annum, and Cosmo Films will look to scale up this product category in future.

Hanover,16th December 2023 Continental officially opened its new corporate headquarters on December 13, 2023, at a ceremony held in Hanover, Germany. The campus on Hans-Böckler-Allee marks a further milestone for the technology company in its more than 150-year history. “We have created a place where our vision, values and culture can come alive in an open, connected and sustainable working environment. It is an expression of our sense of togetherness and a symbol of our long-term aspirations,” said Continental CEO Nikolai Setzer at the opening ceremony in Hanover on Wednesday.

Among the more than 150 guests were prominent representatives from business, politics and culture, including Lower Saxony’s minister president Stephan Weil and Hanover’s mayor BelitOnay. “The new corporate headquarters is a clear and architecturally impressive commitment from Continental to Lower Saxony and its state capital of Hanover. Continental is a strong and reliable business partner and an important employer in the region. I hope the employees feel at home at the new campus and wish the entire company a successful future,” remarked minister president Weil.

“With its former headquarters at KönigswortherPlatz and on Vahrenwalder Straße, Continental left an enduring impression on the city of Hanover. And it has done so once again with this new impressive building – which also marks the eastern gateway to the city. With its modern, sustainable architecture and the innovative utilization concept, the building is a perfect fit for Hanover,” said Mayor Onay.

The new Continental campus comprises six buildings. A prominent feature of the complex is a suspended bridge spanning 75 meters, which crosses Hans-Böckler-Allee to link the northern and southern parts of the campus.
Open-space concept fosters flexibility and agile collaboration

Since December 1, 2023, around 2,400 employees from the group functions as well as the Tires and ContiTech group sectors have been working at the campus, an integrated open-space concept with areas for interaction and collaboration as well as quiet zones for focused work. Thanks to state-of-the-art communication and media equipment, work can be organized with a high degree of flexibility. Instead of assigned workstations, employees can choose where they want to work using a desk booking system. “We chose the architecture with functionality in mind. It will enhance our performance and foster value creation,” underscored Setzer. “The layout of the building will strengthen our culture of innovation and networking by facilitating informal, interdisciplinary interaction between our teams. This physical proximity will ensure intensive exchange and an inspiring, creative working environment.”
New campus sets sustainability standards

At the same time, the new corporate headquarters is a visible sign of Continental’s sustainability ambitions. The complex meets the German government’s criteria for climate-friendly new buildings and, accordingly, the requirements for its sustainable building quality seal. Additional equipment and operating features make the new headquarters one of the most sustainable office buildings in Europe. The roofs of the parking garages, for example, are fitted with solar panels. Rainwater is collected, and a geothermal system harnesses the Earth’s energy to heat and cool the building, largely covering its requirements. The green roof areas are also equipped with photovoltaic systems that generate up to 300,000 kilowatt hours of electricity a year, which is used, for example, to charge electric cars and bicycles at 100 charging points in the two parking garages.

When the open-plan office areas were designed, particular attention was paid to the use of natural materials such as wood, stone and natural fibers. Slatted ceilings and mobile partitions dampen acoustics to achieve a working environment that is both pleasant and sustainable.

The new corporate headquarters was designed by Munich-based architecture firm Henn. Following the official cornerstone-laying ceremony in 2019, the company moved into the new building in November 2023, around two years later than planned due to the pandemic and significant material shortages.

Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent and affordable solutions for vehicles, machines, traffic and transportation. In 2022, Continental generated sales of €39.4 billion and currently employs around 200,000 people in 57 countries and markets.
Press con

Mumbai;16th December 2023 Sterling and Wilson Renewable Energy Limited (SWRE) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR) has, on Thursday, December 14th, 2023, announced the completion of a fundraise of Rs. 1,500 crore through Qualified Institutions placement (QIP) route.

The Securities Issuance Committee of the Board of Directors at its meeting held on December 14th, 2023 approved the issue and allotment of 4,32,27,665 equity shares of face value Re. 1/- each to eligible qualified institutional buyers at the issue price of Rs. 347/- per equity share (including the premium of
Rs. 346/- per equity share).

The Rs. 1,500 crore QIP witnessed a strong response from both domestic mutual funds and marquee global FIIs.

Speaking on the overwhelming response, Mr. Amit Jain, Global CEO, Sterling and Wilson Renewable Energy shared “We express our gratitude to our investors and other stakeholders for the faith reposed in us. Last couple of months have been challenging for us as an organization and the successful completion of the QIP is a significant moment in our journey. Bulk of the proceeds from the QIP will be used to pare down debt furthermore providing us capital to pursue the fast-growing solar EPC markets in India and abroad. The company’s unexecuted order book as of September 30th, 2023, continues to remain healthy at INR 6,835 crore aided by strong domestic EPC order inflows with a robust and growing bid pipeline in both India and abroad. We remain well positioned to accelerate our growth.

Through this QIP, we are more strategically positioned to harness the immense potential of renewable energy market, globally. As a company, we continue to stay committed to our vision of accelerating a renewable future by delivering high-quality renewable solutions that drive sustainability and make a positive impact on the world. We look forward to spearheading the journey with continuous growth, innovation and creating shareholder value.”