Category business

Bengaluru, 12th June 2023: Reinforcing the ‘Customers First’ approach, Toyota Kirloskar Motor today inaugurated the 21st customer touchpoint in the North-East region of India. The opening of Zote Toyota in Aizawl, Mizoram, reflects Toyota’s commitment to expanding its footprint in the region, enabling seamless access to best-in-class products and services to a wider customer base. With a keen focus on strengthening its presence in the country, TKM has been at the forefront of launching solutions that make the brand more accessible.

The newly set-up Zote Toyota dealership facility spans across 5317 sq. ft. and is equipped with excellent facilities covering 1S (sales) plus 2S (Service and Spares), including a team of well-trained sales and service professionals, focusing to elevate the customer experience to newer heights in line with TKM’s philosophy of Quality, Durability and Reliability (QDR).

This notable milestone aligns with TKM’s holistic plans, following the recent launch of its first Regional Stockyard (RSY) in Guwahati and the subsequent set-up of a Regional Parts Centre (RPC) in the Northeast at Guwahati, Assam. The Regional Stockyard streamlines New Vehicle distribution in the region, significantly reducing delivery time from 13 days to a maximum of 3 days.

Present during the inauguration of Zote Toyota, Mr. Atul Sood, Vice President – Sales and Strategic Marketing, Toyota Kirloskar Motor, stated, “It gives us immense pleasure to announce our dealer network expansion in North-east region of the country. The establishment of the new dealership, Zote Toyota in Aizawl reinforces our vision to provide ‘Mobility for All’. This new dealership facility is a step forward in fulfilling our commitment to deliver a wide range of exceptional products and services to our esteemed customers in the Northeast region. With this new development, we are looking forward to offering, Toyota’s much-appreciated array of products including our recently launched models – Urban Cruiser Hyryder and Innova Hycross, to the north-east customers. Furthermore, the growing popularity of Hilux continues to exhilarate customers country-wide, with its versatility and robust performance. Our motto is to ensure the highest level of customer satisfaction with Toyota’s renowned products and services and fortify the reliable image of the brand in Aizawl.

Expressing his thoughts, Mr. Zorammawia Tochhawng, Managing Director of Zote Toyota, said’, Partnering with Toyota is an honor and has provided a great opportunity to bring the iconic brand to Aizawl. Needless to mention, Toyota is renowned for its unwavering commitment to quality, and at Zote Toyota, we will spare no effort in delivering ever-better, high-quality Toyota products and services to discerning customers. We are confident of facilitating seamless connect and deliver awesome ownership experiences to the customers in Mizoram, further enabling good market presence of Toyota in the region”.

TKM continues to pursue the highest levels of excellence in delivering customer delight through its strong pan-India dealer network that comprises of 590 customer touchpoints across the country, effectively reaching out to new markets and valuable customers.

Overview of TKM

Overview of TKM 1st Plant:

Overview of TKM 2nd Plant:

12th June 2023: Revfin Services Private Limited, a pioneer and leader in the Indian EV Financing space has secured $5 million from the United States International Development Finance Corporation (DFC). The investment is part of DFC’s Portfolio for Impact and Innovation and seeks to promote inclusive financing for EV adoption in India.

Revfin plans to finance 2 million electric vehicles in the next five years. The company has already invested in over 21800+ electric three-wheelers and elevated the living standards of underserved segments, including 24% of women borrowers. The funds raised from DFC will further bolster Revfin’s plan to emerge as a leader in India’s EV financing space and introduce new products by diversifying into two-wheelers for last-mile deliveries, four-wheelers for mid-mile cargo delivery, and ride-share taxis.

Sameer Aggarwal, the Founder and Chief Executive Officer, Revfin stated, “The EV industry in India has tremendous potential and also provides good employment prospects. The growth of the industry is restricted due to the limited financing options. Having a forward-looking institution like DFC investing in Revfin will help scale EV adoption and increase financial inclusion. This investment will help us improve access to attractive financing solutions, which can be critical in driving EV demand and achieving carbon neutrality for India.”

“DFC’s partnership with Revfin will help support inclusive EV financing and grow EV adoption in India,” said Jim Polan, Vice President of DFC’s Office of Development Credit. “This investment demonstrates DFC’s ability to mobilize capital to support Indian innovation and provide financial opportunities for underserved communities in India.”

Revfin provides potential buyers of different types of EVs (e2W, e3W, L5 and small fleets through OEMs and fleets) with financing products that verify the borrowers’ identities and then disburse loans to them digitally and quickly (within 16 mins) with low-level of NPAs (less than 2%). Revfin’s proprietary method uses psychometrics, biometrics, telematics, gamification, and geo-limiting to underwrite risks.

With over 456+ million zero-emission kilometers enabled, 43650+ tons of CO2 emission saved, 21800+ jobs created, and 7.6 million lives impacted positively (directly or indirectly), Revfin is already making its presence felt in the fight against climate change.

World of Hospitality [WOH], is all set to unveil its live chef’s competition in Bengaluru. In association with South Indian Culinary Association (SICA), the prestigious culinary arts competition will see over 250 professional chefs representing Bengaluru’s food service industry present their culinary skills at Tripura Vasini, Palace Grounds from 13-15 June 2023.

The competition is a highly sought-after platform for several chefs in the city to bag accreditation for their skills and also to improve by listening to detailed feedback from the internationally acclaimed chef jury panel. The dedicated master classes hosted by partner brands further help them choose their ingredients wisely and also open vivid networking opportunities, hence bolstering industry-supplier relations.

As everything around us is transforming, the Culinary Arts keep changing in real-time to meet the contemporary palate needs of the patron. Innovation has led the industry to thrive time and again and some latest trends showcase chefs are pushing the boundaries in bringing to the table unexplored dishes. Some focus on the age-old lost remote recipes intending to revive the historic cuisines while others strive to rewrite history by birthing a brainchild of their own. Did you hear about vegan sushi or roti pizza before? That’s the kind of dynamism you can witness at this power-packed chef’s competition.

New Delhi,10th June 2023 Shrug off your battery anxiety with Infinix India’s upcoming Note 30 5G which will be available at an astonishing price, starting below INR 15,000. With its bypass charging (30% by default) feature, the charging current bypasses the battery to go straight to the motherboard. This reduces overheating while charging and playing at the same time which makes it an ultimate choice for gamers. Compared with regular charging mode, Bypass Charging can reduce the temperature increase by a maximum of 7°C.

To take its power-packed performance to the next level, the phone is equipped with dual-channel fast charging technology, featuring two 2:1 charge parallel pumps capable of delivering a 45W charge. With this charging speed, the device can go from 1% to 75% battery in just 30 minutes. Even a brief 5-minute charge allows the Infinix NOTE 30 5G to regain 1.75 hours of gaming time (MLBB), ensuring that you can quickly return to the action without much delay.

The phone comes with a massive 5000mAh battery that can endure 1000 charge and discharge cycles, making it a true powerhouse. Even after 1,000 charge cycles, the battery still maintains 80% capacity. This surpasses the industry standard of 800 cycles by 25%, providing approximately 3 years of regular usage if charged once daily.

The Infinix Note 30 5G is poised to redefine the smartphone experience with its impressive specifications and cutting-edge features.

Mr. Padmakumar Nair, CEO and Co-Founder, Ennoventure Inc: ”Businesses are dealing with increasingly devastating losses as the shadow of counterfeiting becomes an ever-present threat. Luxury goods, automotive spare parts, fast-moving consumer goods, electronic goods, pharmaceuticals, and other industries are among the hardest hit by the counterfeit goods trade, which is estimated to be worth trillions of dollars annually. In addition to financial losses, counterfeits have a wide range of negative effects, such as job losses and decreased product quality, thereby endangering the health and safety of end users.

Ennoventure employs cutting-edge technologies to ensure brand authenticity in order to address this widespread problem. Through our robust anti-counterfeit solutions, we help businesses actively protect their intellectual property, maintain brand equity, and guarantee consumer confidence. As a result, we have come up with a solution by imagining a non-disruptive method for determining a product’s authenticity without requiring the client to alter the existing package design. In addition, we are working towards educating brands about the significance of anti-counterfeit solutions and the ways in which they can benefit and safeguard businesses.

On this World Anti-Counterfeiting Day, Ennoventure pledges to remain at the forefront of this battle by leveraging the power of AI and cryptography to stay one step ahead of counterfeiters. We look forward to continuing our efforts in fighting against fakes and advocating for a world where genuine products and businesses thrive, and customers can buy with confidence.”

10th June 2023, Chennai:Madras Chamber of Commerce and Industry (MCCI) under its initiative ‘Food for Thought’, organized a discussion on “ChatGPT: Boon or Bane” in Chennai today.

ChatGPT is a revolutionary piece of expertise driven by AI technology that allows anyone to have human-like conversations and much more with the chatbot. ChatGPT (Chat Generative Pre-trained Transformer) was launched in November 2022 and gained over 100 million users worldwide. India is the second largest country using ChatGPT, next to USA in terms of number of users.

Millions of professionals, including marketers programmers, educators, students, researchers, copywriters, doctors, scientists, journalists, and others use the tool to enhance their work.

Privacy concerns, challenges to cyber security, legal implications, propagating misinformation, threat to new jobs, ambiguities, and inaccuracies among others are the major concerns of ChatGPT.

In the discussion on the opportunities and challenges of ChatGPT,Dr. Harish G Ramaswamy, Assistant Professor, Dept. of CSE and Centre for ResponsibleAI, IIT Madras, Mr.V. Chandrasekaran, Director and Co-Founder, Congruent Solutions and Mr. Prabhu Stanislaus, IT Consultant in AI & RPA shared their views at the event.

More than 100 participants took part in this event and the feedback was positive.

Food For Thought (FFT) – an initiative of Madras Chamber started in its 175th year takes up larger issues and debatable subjects of topical nature involving the economy, civil society, business and the community as a whole and provides a platform for open discussion and interaction. The Chamber has held more than 60 such FFTs over the years.

You might have made numerous wishes in your life. Be it for your favorite car, your preferable holiday destination, or for your loved ones. Have you ever thought that one single wish that you have made results in the biggest mistake of life? A decision that traps you on a road to hell! Himanshu Malhotra, who will be seen in Hungama’s upcoming murder mystery ‘Mauka Ya Dhokha’ felt the same when his character Amit Sehgal was deceived by opportunistic characters Shalini, played by Samikssha Batnagar and Satyajit, played by Aabhaas Mehta. The multitalented actor Himanshu is immensely popular and has been critically acclaimed for his iconic roles on television and in movies. With this new stint, the actor is all set to mesmerize his fans by stepping into a character never seen before.

Speaking about his new role Himanshu shares, “’Mauka Ya Dhokha’ is a story that pushes an actor to step out of his comfort zone. Amit Sehgal my character is trapped because of his one single wish that spirals his life out of control. It was difficult trying to portray a nuanced character that’s very different from who I am in real life. I took it as a challenge to innovate and change to get into the skin of a character that was very well written. It took me a lot of effort, time, and dedication to prepare for this role and to give my best for my followers out there. The show is indeed an intriguing murder mystery that will offer a never seen encounter for the audience. The twists and turns with each passing episode will unveil different shades of other characters which will give a roller coaster ride experience to the viewers.”

Mr. Y. Viswanatha Gowd, MD & CEO of LIC Housing Finance.

“Keeping the interest rates steady at 6.5% is in line with the expectations. We expect the same state to continue for a few more quarters. Looking to the lead indicators, it gives optimism and shows demand revival. Monsoon prediction is yet another favorable point. For home buyers, stable interest rate is an encouraging trend.”

Mr. Raghvendra Nath, Managing Director – Ladderup Wealth Management Private Limited

“On expected lines, RBI continued with its decision to not hike rates further as the inflation stays within range. The RBI has forecast the inflation for FY24 at 5.1%, inching towards the upper limit, however in the near-term inflation outlook looks more favourable. The progress of monsoon would be keenly watched and would be one of the significant factors in deciding the direction of inflation. RBI mentioned that average liquidity is in surplus mode and is expected to inch up. We believe this should result in some kind of moderation in the 10-year G-Sec yield.”

Jayaprakash, Chief Growth Officer, Jiraaf on today’s RBI MPC announcement.

“RBI’s decision to leave repo rates unchanged at 6.50% was expected as we have seen significant reduction in inflation over the past several months. Jiraaf sees this decision positively given it will support the economic growth of the country, and spur affordable and accessible credit to end customers. The cost of borrowing had been increasing for quite some time making it expensive for individuals to finance for home, auto or personal needs. Similarly, it challenged SME and MME sectors to borrow debt at affordable cost to invest in their operations. This action by RBI would be a welcome move for both individuals and corporations.”

Indulge in a culinary delight with “The Art of Gourmet Burgers and Doughnuts!” Savour the perfect harmony of juicy, handcrafted burgers infused with tantalizing flavours, paired with our artisanal doughnuts. Each bite is a masterpiece, combining savoury and sweet in a symphony of taste. Join us at Le Café and elevate your experience with our extraordinary creations.

Where: Le Café at Novotel Hyderabad Convention Centre, Hyderabad, Telangana.

When: 5th June-14th June 2023

Time – 9:00 AM to 9:00 PM

For Reservations, call: +91 9642326162

Bengaluru, 10th June 2023: After spending three years getting ‘super liked’ on Instagram, and selling on multiple e-commerce platforms, Mokobara has launched its first retail store ever. The store opened its doors on the 16th of May, 2023 on the 1st floor of Phoenix Marketcity, Whitefield, Bangalore.

“It’s only been a couple of days, but the response has been extremely positive. Our new store really helps us focus on elevating the customer journey. We want shopping to move from being transactional to an experience that offers real travel insights and expert tips on building the right travel uniform for each customer”, says Apoorv Sharma, Head of Retail at Mokobara.

This launch is only the first of many stores to come for Mokobara. The premium travel and lifestyle brand that was founded in early 2020 is now ready to open up 25 new stores in the next 18 months. Mokobara is also set to open its second retail store in Indiranagar; right in the heart of Bangalore.

With a strong online presence built up in a mere three years, Mokobara is now omnichannel and aims to focus on engaging with its community IRL. In the three years they’ve been around, Mokobara has managed to build a community of like-minded travelers and engage with them online. By opening up our retail stores, Mokobara aims to take the next step and help them interact with their products directly.

“Each Mokobara is thoughtfully designed to breathe magic into your journey in subtle ways. Our retail outlets provide a great opportunity for our community to experience this”, quotes Rumman Rizvi, Head of Brand and Customer Experience at Mokobara.

To celebrate the launch with their community, Mokobara is also running a giveaway wherein the winner stands a chance to win Rs 20K one-way ticket to anywhere!

Since its inception in 2020, the brand has rapidly expanded its product portfolio as well. Best known for their iconic luggage and backpack designs, the brand has championed everything from work bags to wallets to premium travel accessories like packing cubes and neck pillows. With the launch of their new retail outlets, the brand is seizing the opportunity to build an experience around new category launches.

“Our retail outlets will serve as an excellent space to experiment with multiple new category launches. Come September, we’ll be foraying into the handbag category. Curating an experience offline only makes it all the more exciting”, says Sangeet Agrawal, Founder at Mokobara.

Mokobara is a premium travel and lifestyle brand on a mission to elevate the joy of travel for people #goingplaces.

“Everything we do, from our luggage to travel accessories, is designed to capture the excitement of traveling. When it comes to our design philosophy we always say ‘less but better’. We start out with clean, minimal designs and then knit-pick over the smallest details to see how we can breathe magic into it. Everything is functional. That goes without saying. Everything is designed to solve real travel problems”, says Navin Parwal, Co-Founder and CMO at Mokobara.