Archives February 2024

Mumbai, Feb 8th, 2024: Angel One, India’s leading fintech player, launches their latest campaign #RahoHameshaSuper, in its commitment to revolutionize the investment landscape. The second edition of the Angel One SuperApp campaign reaffirms their commitment to elevate user experience, by delivering best-in-class speed, security and reliability experience, thereby revolutionizing the fintech landscape.

Earlier the successful multi-channel #SuperIsHere campaign introduced the new Angel One SuperApp across the country. Now, the second edition spotlights what makes the SuperApp truly SUPER – its key features of being Fast, Secure and Reliable – catering to the needs of young, aspiring investors and traders across diverse regions. The idea behind this film was to take the superior features and make them relatable and easy to understand for anyone watching this from any corner of the country.

At the heart of the campaign lies the SuperApp, a comprehensive solution designed to meet the diverse needs of users. From online trading and investing to direct mutual funds and sovereign gold bonds, SuperApp serves as a one-stop destination, simplifying the investment process for individuals from all walks of life. Under this 360° integrated marketing campaign #RahoHameshaSuper, Angel One pledges to empower individuals across the nation in their investment, trading and wealth-creation journeys. Users can anticipate an investment and trading experience through the app that is both seamless and secure, surpassing any previous standards.

Key highlights of the Angel One SuperApp includes ensuring lightning-fast execution even in low-network areas. With a focus on customer-centricity, the SuperApp’s features are enhanced to meet evolving user demands. Furthermore, security remains a top priority with SuperApp, incorporating diverse measures such as two-factor authentication, pin and robust portfolio privacy options. These enhancements solidify Angel One’s position as a trusted and innovative fintech platform for secure and confident online trading and investing.

Mr. Prabhakar Tiwari, Chief Growth Officer, Angel One Limited, expressed his thoughts on the campaign, stating, “RahoHameshaSuper is more than just a campaign; it symbolizes a crucial milestone. The campaign spotlights the full potential of the A1 SuperApp, empowering investors and traders with fast, secure and reliable experience. We have packed the campaign with relatable messages under #AbSamjheKyonHainSuper, specifically targeting Gen Z and young millennials. By showcasing the app’s unique features and benefits, we are expecting a significant boost in the brand consideration scores and facilitate our growth strategies.”

Mr. Dinesh Thakkar, Chairman & Managing Director, Angel One Limited, stated, “Angel One is actively embracing innovation and technology within the SuperApp framework, catering to the requirements of all demographics. As Angel One pivots through the dynamic fintech landscape, our dedication remains steadfast towards our North Star — empowering a billion lives with leading-edge solutions and create the most trusted fintech brand.”

#RahoHameshaSuper campaign employs a versatile, multi-channel approach, utilising digital-first strategies and innovative mediums such as influencers, social media posts, AR filters and QR integration to engage diverse audiences.

Bengaluru – 8th February 2024 – The Doha Jewellery & Watches Exhibition (DJWE) is hosting a grand India Pavilion at its 20th edition, unveiling an extraordinary showcase of craftsmanship, tradition, and contemporary designs. The India Pavilion, spanning an impressive 216 square metres, features 17 exhibitors and 18 booths, presenting an unparalleled collection of Plain Gold, Studded Jewellery, and Diamond Studded Jewellery.

The 20th edition of the DJWE is being held at the Doha Exhibition & Convention Centre (DECC) from 5 – 11 February 2024.

H.E. Mr. Vipul, Ambassador of India to Qatar, said, “Our main job as the embassy is to promote Indian exports and facilitate trade between our two nations. As part of this effort, we actively promote Indian jewellery in Qatar. Doha Jewellery & Watches Exhibition (DJWE) represents a significant opportunity, and I am delighted to see the substantial Indian Pavilion present here. Our close collaboration with GJEPC underscores our commitment to raising awareness and promoting Indian jewellery. In the Qatari market, numerous Indian jewellers are already engaged, either independently or through various partnerships and retailers. Thus, there is already a strong level of brand recognition and appreciation for the quality of Indian jewellery within Qatar.”

Vipul Shah, Chairman, GJEPC said, “The Middle East is a pivotal export destination for India’s gem and jewellery products, representing a substantial 22% of total exports in this sector. Qatar, in particular, holds significance for India, contributing to the export of gold jewellery, amounting to USD 200.88 million in the fiscal year 2022-23. The India Pavilion at the DJWE serves as a valuable platform to explore and comprehend consumer trends and preferences, particularly from this region, providing an opportunity for further engagement.”

“International buyers from the UAE, the Middle East, Africa, and the rest of the CIS find seamless access to Indian exhibitors through the India Jewellery Exposition Centre (IJEX) in Dubai. Serving as a dedicated B2B platform, IJEX in Dubai is a year-round showcase of exquisite Indian-made jewellery, providing international buyers with continuous opportunities to make jewellery purchases.”

The India Pavilion proudly features an impressive lineup of 17 exhibitors, each contributing to the rich tapestry of the country’s jewellery heritage. Among them are Binnys Jewellery Pvt Ltd; G M Products Private Limited; K K Jewels; RR Gems Private Limited; Creative Overseas; Sital Dass Son; Shrians Jewels; De’viva Jewels; Izzari Jewells; Alankrti; SNS Enterprises; K.Lalita Jewellers; Spectrum Jewelmart Pvt. Ltd.; 24K The Jewel Boutique; Kohinoor Jewellers; Panim Exports; and Anirudh Impex.

The Gem & Jewellery Export Promotion Council (GJEPC), as the apex body of India’s gem and jewellery industry, stands as the driving force behind India’s global leadership in the trade. With over 5 million skilled workers, the industry has invested in modern infrastructure, offering health insurance and unparalleled training programs, showcasing India’s commitment to excellence.

India, recognised as the world’s diamond manufacturing leader, presents an impressive array of gems and jewellery, both plain and studded, featuring diamonds and coloured gemstones. The industry’s adaptability to the latest technology positions it as the go-to destination for diverse global jewellery needs.

India’s jewellery sector combines traditional artistry with cutting-edge technology to produce modern designs. Renowned for its skilled craftsmen and precision in cutting and polishing diamonds and precious stones, India has garnered global acclaim.

The gem and jewellery exports from India contribute a staggering USD 40 billion annually, showcasing the industry’s robust economic impact on the global stage.

Bengaluru, 8th February 2024: Cosmo Ferrites Limited, a leading manufacturer and exporter of Soft Ferrites and an emerging player in wire wound magnetic components today declared its financial results for the quarter and nine months ended December 2023.

Q3, FY24 witnessed a sharp drop in sales realization compared to the same quarter last year due to dumping of low-priced materials from the neighbouring country. This adversely impacted the sales revenue for the quarter and also the contribution margin. This was offset by stricter control on overhead costs but not fully and hence the lower EBITDA. The company completed the capacity expansion in Q4 FY 22-23. While the benefit of capacity expansion would start accruing in due course, the interest and depreciation costs on such capacity expansion have already come in the P & L impacting ‘Profit before tax’ adversely.

In the previous quarter, the Government, at the company’s representation started anti-dumping investigation in the matter import of soft ferrite cores from China. The investigation is generally progressing as per the notified schedule. Likely favorable outcome will help improve operating margin and capacity utilization.

Commenting on company’s performance Mr. Ambrish Jaipuria, Chairman, Cosmo Ferrites Ltd. said, “The company has developed multiple new products for automotive and space applications and is in advanced stages of getting newer approvals in the export markets which should help fill the capacity and improve margins over the next 2-3 quarters”.

Mumbai,08th February 2024: Zee Café once again is set to captivate audiences as it proudly announces the exclusive premiere of FBI Season 5, starting February 13th, 2024. The hit procedural drama, known for its gripping storytelling and compelling characters, is back with a fresh season bound to enthral viewers with its intense investigations and unpredictable plotlines. Delving once again into the intricate world of the Federal Bureau of Investigation, Season 5 introduces viewers to a devoted team of agents tackling the complexities of national security threats and high-profile cases. With fresh cases on the horizon and a group of seasoned agents under the leadership of the Special Agent in Charge, the upcoming season promises an emotional rollercoaster, with jaw-dropping revelations and suspense that will keep audiences on the edge of their seats.

Join us on February 13th as Zee Café unveils the latest chapter in the FBI saga. Tune in for an adrenaline-pumping experience that combines high-stakes investigations with character-driven storytelling.

Prepare for a riveting journey into the world of federal investigations and witness the team tackle new challenges and adversaries on Zee Café

To Know more, follow us on zeecafeindia, @ZeeCafe, Zee Café

Bengaluru | Wednesday, 8 February 2024 | Kalpataru Projects International Limited (KPIL), a leading global infrastructure EPC company, announced its results today for the quarter and nine months ended 31st December, 2023.

CONSOLIDATED FINANCIAL HIGHLIGHTS:

Quarterly Performance (Q3 FY24 vs Q3 FY23)

· Revenue grew by 22.3% YoY to ₹4,896 Crores driven by healthy project execution

· EBITDA grew by 13.4% YoY to ₹424 Crores; EBITDA Margin at 8.7%

· PBT grew by 21.4% YoY to ₹193 Crores in Q3 FY24; PBT margin at 3.9%

· PAT up by 32.1% YoY to ₹144 Crores in Q3 FY24; PAT margin at 2.9%

Nine-month Performance (9M FY24 vs 9M FY23)

· Revenue for 9M FY24 stands at ₹13,655 Crores, up 19.0% YoY

· EBITDA at ₹1,176 Crores higher by 13.3% YoY; EBITDA Margin at 8.6% for 9M FY24

· PBT at ₹490 Crores in 9M FY24, up by 14.0% YoY

· PAT grew by 17.6% YoY to ₹347 Crores in 9M FY24

· Net Debt stand at ₹3,457 Crores as on 31st December 2023

STANDALONE FINANCIAL HIGHLIGHTS:

Quarterly Performance (Q3 FY24 vs Q3 FY23)

· Revenue for Q3 FY24 stands at ₹4,147 Crores, up 18.2% YoY

· EBITDA up by 12.8% YoY to ₹344 Crores; EBITDA Margin at 8.3% for Q3 FY24

· PBT grew by 17.6% to ₹194 Crores, PBT margin at 4.7% for Q3 FY24

· PAT of ₹144 Crores in Q3 FY24, up by 29.7% YoY

Nine-month Performance (9M FY24 vs 9M FY23)

· Revenue for 9M FY24 stands at ₹11,613 Crores, up 16.8% YoY

· EBITDA at ₹966 Crores higher by 13.6% YoY; EBITDA Margin at 8.3% for 9M FY24

· PBT at ₹529 Crores in 9M FY24 compared to ₹518 Crores in 9M FY23

· PAT of ₹383 Crores in 9M FY24 compared to ₹379 Crores in 9M FY23

· Net debt stands at ₹2,589 Crores as on 31st December 2023

ORDER INTAKE & ORDER BOOK

· Received new orders of ₹ 380 Crores in Q4 FY24 till date; YTD FY24 order inflows stands at ₹ 18,065 Crores

· Order book at ₹ 51,753 Crores as on 31st Dec 2023, an increase of 25% YoY; Additional L1 position of around ₹ 6,000 Crores

Management Comments

Commenting on the results, Mr. Manish Mohnot, MD & CEO, KPIL said:

“KPIL has delivered another quarter of strong performance driven by robust project execution and record order book.

The last few quarters are one of our best quarters in terms of business development. With order wins and L1 of nearly Rs.24,000 Crores, we closed last quarter with an all-time high order book of Rs.51,753 Crores. We have made notable strides by securing large size EPC projects in the T&D, B&F and Urban Infra business. These project places us favourably to take advantage of the huge infra development push happening in India and overseas market.

Our robust order book, established capabilities and healthy tender pipeline, gives us confidence to deliver profitable growth in the coming quarters and achieve our vision for 2025.”

Mumbai, 8th February 2024: ACT Fibernet, a leading player in the broadband and digital services industry, is happy to announce the relaunch of its mobile app with groundbreaking features that redefine the customer experience in the industry. Committed to valuing its customers’ time and delivering seamless solutions to internet-related queries, ACT Fibernet has introduced the ACT Super App, designed to provide quick, easy, and accessible solutions at the fingertips of its users.

Keeping up with the changing technologies and expansion in the user base, the broadband brand has completely revamped the mobile app. The new mobile app has been designed and launched after undertaking extensive research and feedback from users to understand the scope of improvement. The ACT Super App has a different look and feel, making it easier for users to pay bills and raise tickets, track accounts, set reminders, chat with customer care, upgrade plans etc.

With industry-first features, the ACT Super App sets a new standard for convenience, efficiency, and innovation in customer service. A few key features of the app include instant query resolution, where users can now enjoy real-time solutions to their internet-related queries through self-help content like videos and FAQ section on the app, ensuring a swift and hassle-free experience. They can also now easily monitor their data, speed and the number of devices connected to the Wi-Fi through the analyzer. They can set bill reminders, subscribe and unsubscribe to value-added services etc. Other unique features that make the app easy to use include dark/light mode and font adjustments.

Mr. Ravi Karthik, Chief Marketing and Customer Experience Officer at ACT Fibernet, expressed his enthusiasm for the relaunch, and said, “At ACT Fibernet, we aim to deliver superior customer experience across all our interaction points. Our revamped app, is along the same lines, providing simplified UI, and significantly enhanced features on account management and self-care that aim to make customer’s life simpler and more convenient. With this, I am sure that our customers will feel the ACT advantage and adopt the new app quickly.”

As part of the relaunch, the broadband company is also launching a nationwide campaign to raise awareness about the new Super App. Its marketing efforts include reaching out to the audiences through different channels like email, SMS, and WhatsApp. ACT Fibernet will also release videos and creatives on its social media about the latest updates in the app. To maximize its visibility on the app store and improve conversion rate to generate the maximum volume of organic downloads, the relaunch campaign will also comprise fresh content related to updates on the app store.

Gurugram, Feb 8, 2024 – Delta Electronics, Inc. (“Delta”), a global provider of IoT-based Smart Green Solutions, today announced it has achieved double “A” scores in the 2023 Climate Change and Water Security reports of CDP for the third time. This year’s double “A” score was granted to only 61 companies out of over 21,000 worldwide based on their superior contribution to climate change and water security challenges. Delta’s recent key climate change and water security endeavors include: the implementation of an internal carbon pricing (ICP) mechanism since 2021 to accelerate carbon reduction initiatives, the successful 13.5% YoY reduction in its Scope 1 and 2 greenhouse gas (GHG) emissions*, the increase in the proportion of renewable electricity used in its global operations to 63%**, and the reduction in its water withdrawal and water discharge by over 4% YoY***.

Jesse Chou, Delta’s Chief Sustainability Officer, said, “CDP honoring Delta’s climate change and water security endeavors with top scores for the third time is a major milestone for us. In 2023, Delta became a member of The Taskforce on Nature-related Financial Disclosures (TNFD) Forum and completed the first biodiversity risk assessment of Delta’s sites. In January of this year, Delta also became an early TNFD adopter. Externally, we have incorporated our climate transition plan into our Annual Shareholders’ Meeting and quarterly investor conferences agendas. Internally, we have completed a GHG inventory for 15 categories under Scope 3 to identify key areas for future emissions reduction. Hence, we look forward to collaborating closely with our value chain partners to achieve our ultimate Net-zero SBT goal by 2050.”

Delta has been actively implementing climate change governance. Since 2021, Delta has included the achievement of its percentage of renewable electricity in its senior executive performance indicators. Delta estimates it surpassed its 2023 renewable electricity usage target, reaching over 70% in its global operations comes from renewable sources, with the respective figure exceeding 80% in its Taiwan operations. In 2021, Delta also implemented an ICP scheme of US$300 per metric ton of CO2 emissions, which is invested in energy-saving and carbon reduction projects, as well as in the development of carbon-negative technologies and low-carbon innovation, contributing to the company’s progress toward RE100 and Net-zero SBT.

In terms of biodiversity, Delta has collaborated with the National Museum of Marine Science & Technology to establish the Asia’s first zero-carbon coral conservation center. Through the Task Force on Climate-related Financial Disclosures (TCFD) framework, Delta assesses climate change risks and opportunities, translating them into operational strategies and actively exploring green opportunities such as electric vehicles, energy storage, and hydrogen energy.

Benjamin Lin, President, Delta Electronics India “This recognition reaffirms our unwavering dedication to sustainability. We are continuously pushing boundaries, implementing innovative solutions like internal carbon pricing and exploring green opportunities like EVs and hydrogen energy. We are confident in achieving our Net-Zero SBT goal by 2050 through collaboration with our stakeholders.”

Regarding water security management, although Delta is not a heavy water user, the Company has established strategic goals and methodologies, implementing them in daily operations. In 2022, Delta conducted a water risk assessment for its global sites and formulated a water resource policy across the entire organization. The Company also assessed its tier-1 suppliers engaged in ongoing business transactions and incorporated the assessment results into decision-making. In 2022, Delta achieved a 12.8% YoY reduction in its global water productivity intensity, with its total water withdrawal and water discharge decreasing 4% YoY despite the higher revenue delivered.

CDP’s annual assessment and scoring process is recognized as an important standard for environmental transparency. In 2023, more than 740 investors with over 136 trillion in assets and over 300 major procurement organizations with a combined spending of 6.8 trillion requested companies to disclose information about their environmental impacts, risks, and opportunities through the CDP platform. In this latest CDP reports, more than 21,000 companies to participated the assessment, the highest number ever recorded. Delta has been included in the CDP A List for Water Security Management for four consecutive years and has received leadership scores in the Climate Change category for seven years.

India-wide release, 08 February 2024: With a mission to uplift India’s youth and democratise entrepreneurship Super Shark, Anupam Mittal, the visionary behind Shaadi.com, introduced Season 2 of his unique DreamDeal initiative in 2023. The initiative is a one of its kind ground-breaking move, where Mittal invites aspiring entrepreneurs to present their business ideas in a 30-second Instagram reel. He has now selected 5 extraordinary talents from across India to receive micro-grants in over 2 lakhs without any equity in their business and mentorship from Mittal himself. This path-breaking move has also positioned Mittal as the first investor in India to harness the power of social media to find entrepreneurial potential from across the country.

Season 2 of DreamDeal saw over 1000 entries from across diverse sectors like FMCG, D2C, B2B, Home Farming, Pharma, Sustainable products, FnB and many others. Following this, a meticulous evaluation process was initiated based on the novelty, creativity and potential impact of the idea pitched, alongside engagement metrics including the number of likes on Instagram. From the pool of entries, the top 12 best ideas were carefully selected, of which the following emerged as winners:

1st Position

Gaikar Omkar Rajaram who envisions transforming the energy landscape with a groundbreaking gravity-powered energy system that generates continuous electricity through a cyclic process of circular pulleys and strategic underground holes. He plans to use the grant money to scale the system’s reach and elevate clean energy availability by bringing his game-changing technology to homes and industries, reducing carbon footprints one cycle at a time.

2nd Position

1) Jaisal Sandeep Shah & Cyrus Setna are 13-year-olds from Grade 8 of Dhirubhai Ambani International School, have worked on ‘The Transhifter Pro Academia,’ which seeks to assist prospective students and parents to the gates of their dream institution and help them choose the right board of education. The academy will provide advice about securing admission to Mumbai’s prestigious schools, including the availability of past papers of entrance exams, interview questions, etc – all under one roof. They will use the grant money to rent space for the academy.

2) Shashank Srivastava is the co-founder of Plantera Banana Fiber Pvt Ltd. The company develops bio-leather from banana fiber, a renewable and biodegradable biomaterial that can reduce the environmental impact of leather production and consumption. The company designs and produces various types of leather products, such as bags, wallets, shoes, and accessories, using different materials like canvas, paper, and wood. His goal is to combine his creativity and technical expertise to shape a more sustainable and ethical future with banana fiber biomaterials.

3rd Position

1) Nikunj Walia’s Wrestlefanent is an engagement platform for wrestling fans and Indian wrestlers. Through this platform, the fans can showcase their passion for the sport through competitions, celebrity meets, online engagement, events, gaming, and much more, while Indian wrestlers get an opportunity to display their in-ring talent. He plans to use the grant money in marketing and attracting sponsorship interests for the first edition of its large-scale event, Wrestleverse. The event will be a massive expansion step for the company.

2) Nagaland-based Ididaule Ngia’s Nagahaat is a re-use/renew brand that will give a second life to textile waste by turning it into beautiful household items or accessories. This, in turn, will help reduce land and air pollution. She will use the grant money for marketing and sales of the products.

Talking about the initiative, Anupam Mittal, Founder & CEO of People Group, said, “Our country is home to rich talent, and I am delighted to support, encourage and nurture their creative potential. This season, too, we encountered brilliant ideas that gave a glimpse of India’s entrepreneurial spirit and the potential of each individual. What amazed me was that this included talents as young as 13 year-old-school students! I hope the grants and mentorship the winners receive will help boost their confidence, chart meaningful career paths and establish themselves as stalwarts in the business realm.”

A ‘Super Shark’ of Shark Tank India, Anupam has consistently expressed a strong commitment to helping young Indian entrepreneurs explore diverse business opportunities. The launching of DreamDeal is an extension of this commitment. A testament to this is brothers Dhaval (20 years) and Jayesh Prakashbhai (22 years) who went on to be a part of Shark Tank India S2 and walked away with the season’s second all-shark deal

New Delhi, February 08, 2024: Judiciary Gold, one of India’s leading institutes for state judiciary exam preparation, is delighted to announce “Aarambh,” on February 10, 2024 from 11 AM at 85-87 Mall Road, GTB Nagar Metro Station (Gate No. 1), New Delhi, a comprehensive event to guide and inspire aspiring judiciary candidates.

 The event boasts an impressive lineup of distinguished speakers, including Senior Judges, expert Judiciary educators along with Senior Subject Matter Experts.These venerable individuals will share their insights, expertise, and valuable advice with the event attendees, making Aarambh an outstanding opportunity for aspiring judiciary professionals.

 Aarambh will commence with an inaugural ceremony graced by a Chief Guest and a warm welcome speech. Attendees can look forward to an engaging itinerary encompassing a slew of topics essential for judiciary exam preparation. From “3 Tips to Clear Judiciary” to “Learning IEA the Fun Way,” participants will learn practical strategies to excel in their judicial pursuits.

 One of the key highlights of “Aarambh” is the opportunity to interact with and learn from top-performing judiciary candidates. Through Toppers’ Talk’ sessions, attendees can garner significant tips, guidance, and motivation directly from those individuals who have successfully navigated the examination process.

 Moreover, the event will feature expert sessions led by seasoned professionals from Judiciary Gold, offering the audience a comprehensive understanding of the judiciary exam’s intricacies. Be it time management or syllabus, the event will decipher every essential element of Judiciary preparation.

 To further sweeten the deal, “Aarambh” attendees can expect exciting giveaways, including case summaries, well-researched preparation material, and comprehensive mock tests meticulously crafted by Judiciary Gold to simulate exam conditions.

 Detailing more about the event, Mr. Gaurav Goel, CEO and Co-Founder of Toprankers, remarked, “Aarambh represents an unparalleled opportunity for aspiring judiciary candidates to access top-notch guidance and resources to propel their career aspirations forward. With its stellar lineup of speakers, engaging sessions, and valuable giveaways, this event is a must-attend for anyone aiming to ace the judiciary exams.”

 With over 300 selections in less than three years, Judiciary Gold is a beacon of excellence committed to student success. By offering personalised mentorship, access to industry- leading resources like Manupatra, and a 12-hour Gurukul program, Judiciary Gold provides aspirants with the necessary tools and support they require to excel.

 Don’t miss your chance to kickstart your judiciary exam journey at “Aarambh” by Judiciary Gold. Register now to secure your spot and take the first step towards a rewarding legal career.

New Delhi, 08th February 2024: Videotex, India’s foremost Original Design Manufacturer (ODM) and the largest manufacturer of webOS Hub—LG’s smart TV operating system—has unveiled its latest innovation, introducing 80cm (32”) HD and 109cm (43”) FHD webOS Hub 2.0S operated TVs for the Indian smart TV brands. These cutting-edge televisions are poised to revolutionize the entertainment experience for Indian consumers, combining advanced technology with cost-effective pricing in the realm of smart TVs.

Crafted with a sleek metal design and a borderless screen, these TVs showcase an array of features including ThinQ AI-based voice recognition, Remote PC functionality, and a rich selection of apps for seamless access and control. The newly included Bluetooth smart TV remote, featuring a dedicated ThinQ AI voice control button, enhances the TV operating experience. The magic remote, equipped with direct hotkeys for popular streaming services like Netflix and Amazon Prime Video, Quick Access, a convenient Click wheel, and other advanced functionalities, ensures effortless navigation. Moreover, serving as a universal controller, it extends its capabilities to manage other devices like soundbars and AV receivers. Complementing this, the LG ThinQ app enables users to wield control over their TVs directly from their smartphones, adding an extra layer of convenience and flexibility.

Featuring the latest webOS 2.0S, these TVs unveil a revamped dashboard and user interface, while the card app conveniently organizes similar apps into groups. Notably, Videotex, as the pioneer Indian ODM securing a Dolby Audio License, integrates cutting-edge audio technology, ensuring an immersive sound experience for viewers.The Quantum Luminit+ Display, with an impressive 94% DCI-P3 coverage, combined with the new ARM Quad-Core processor, ensures precision in picture quality and depth in sound. With audio and picture quality as its forte, Videotex places a significant emphasis on research and development and technological enhancements, offering high-end features in smaller-sized TVs.

Equipped with 1.5GB of RAM, 8GB of ROM, and remote meeting apps supported by a webcam these TVs provide a versatile solution for work meetings or virtual connections with friends and family. Offering Family Settings to establish a child-friendly TV environment, these TVs ensure a secure viewing space, guarding against inappropriate content and monitoring usage time.The inclusion of Eye Care Mode further prioritizes viewer well-being by reducing eye strain. Additionally, these TVs seamlessly integrate with iOS devices through Apple AirPlay, granting access to Apple services such as Apple TV, HomeKit, and Apple Music, while enabling screen mirroring on a larger display. Furthermore, LG’s ThinQ app facilitates convenient control through both Android and iOS devices, supporting dual-band WiFi and Bluetooth 5.0 for seamless connectivity.

Pioneering technological advancements, Videotex introduces an upgraded Realtek Chipset in webOS Hub 2.0S TVs, optimizing picture quality through depth analytics extraction powered by an AI engine. This enhancement refines sharpness and contrast, elevating the overall visual experience. Supporting HDR formats like HDR10 for vivid and detailed images, and HLG for expanded color gamut, these TVs deliver exceptional viewing quality. The gaming experience is further enhanced with a new gaming dashboard that includes features like Auto Low Latency Mode (ALLM) for reduced input lag, MEMC technology for smooth motion, and 4K upscaling to improve picture quality from HD sources. This comprehensive suite ensures a superior and immersive entertainment experience for gamers and viewers alike.

Mr. Arjun Bajaj, Director of Videotex, reflected on the launch, stating, “With an industry legacy spanning nearly four decades and a portfolio encompassing over 20 esteemed brands in India, we take immense pride in our role as pioneers of technology. Our influence on the market stems from our commitment to innovation and expertise. We attribute our success to robust supplier relationships, leading-edge products, a skilled R&D team, and an ever-evolving manufacturing approach. These latest 32” and 43” smart TV solutions from webOS Hub epitomize a seamless fusion of cutting-edge features and competitive pricing, establishing a fresh industry benchmark.”

LG’s ThinQ app streamlines TV access via smartphones, leveraging AI technology to offer personalized recommendations based on users’ entertainment preferences. Furthermore, innovative exercise apps transform the living space into a personalized gym, featuring a virtual trainer. This unique setup enables users to observe themselves and receive real-time feedback during workouts, creating an immersive and interactive fitness experience with one-on-one sessions guided by fitness professionals.

In the upcoming months, Videotex is set to inaugurate a state-of-the-art manufacturing unit, featuring complete backward integration and cutting-edge manufacturing technology. With a production capacity of 1.8 million TVs, the company aims to achieve a total capacity of 3 million TVs. Videotex is recognized for manufacturing TVs for several prominent Indian brands, including Realme, Toshiba, Lloyd, BPL, and Reconnect by Reliance Group, as well as Vise by Vijay Sales, Hyundai, Hisense, and over 20 other leading Indian and international brands.