Category business

Mumbai, 24 February 2023: Promate, a global leader in mobile accessories, has launched its first product (TWS) in India, Lushhe gesture-controlled intelligent earbuds are high-tech and fashionable, balanced by superior acoustic audio quality. The product is available at leading retail stores in India for Rs. 1699/- and comes with a 24-month warranty.

TWS Lush is available in black, white, Blue and Pink and is compact and ultra-lightweight with a glossy finish. The affordable wireless earbuds provide best-in-class sound quality, creating an enthralling and immersive listening experience designed for today’s millennial generation. Its Bass Up technology analyses low frequencies in real time and amplifies them instantly. The composite speakers produce clear audio with well-balanced Bass.

TWS Lush, equipped with touch sensors, allows you to control music and calls. Its in-built proximity sensors play music as soon as you insert the earbuds and stop when you remove them. When it comes to power, Autonomy never disappoints, with 20 hours of non-stop playback supported by a fast-charging case.

The truly wireless earbuds are powered by Bluetooth 5.1, which provides seamless and instant pairing. When you remove the earbuds from the case, they automatically pair with your device. The TWS can also be used independently. The earbuds feature a built-in high-resolution microphone for stable connectivity and clearer conversations. Lush is ideal for use both indoors and outdoors.

Gopal Jeyaraj – Country Head, Promate India & SAARC, said, “Promate is excited to bring its offerings to the Indian markets. Our audio products are designed to provide the purest music experience while incorporating cutting-edge technology at price points no one can imagine. Each of our upcoming launches will attest to our brand promise.”

The TWS is ergonomically designed to fit into an urban lifestyle. It caters to the needs of every music lover by providing powerful precision sound and style, as well as a secure fit designed for extended periods of use. TWS Lush is also IPX5 high-level water resistant, making it your gym buddy or jog essential.

In the next three months, Promate will launch over 30+ new products, including power banks, chargers, speakers, and the much-anticipated Smartwatches.

Bengaluru, 24 February 2023: Kotak Mahindra Bank Limited (“KMBL”/Kotak) today announced that it has opened 100 Gold Loan branches, in this financial year, so far. As of March 31, 2022, the Bank was offering Gold Loans through its 400 branches. With the addition of 100 Gold Loan branches in this FY, Kotak Mahindra Bank now offers Gold Loans through its 500 branches spread over 253 cities across the country.

The Bank plans to further expand its Gold Loans branch network by opening another 50 branches in the ongoing financial year.

1. Instant Gold Loan
2. Minimal Documentation & Transparency in Interest Rates
3. Easy Repayment Options – flexible tenure which ranges from a few months up to 3 years
4. Attractive Interest Rate – Starting at 9%
5. Both Existing and Non-Existing Customer can avail Gold Loan

“We are delighted to open 100 Gold Loan Branches covering additional 49 cities during this financial year. Gold Loans have emerged as one of the most preferred mode of availing finance to meet personal as well as business needs,” said Mr Manish Kothari, President & Head – Commercial Banking, Kotak Mahindra Bank Limited. “Indians have idle Gold and with Gold prices soaring, Gold Loans have become an attractive proposition. The demand is coming also from people moving away from unorganized sources of finance, such as pawnbrokers as well as moneylenders. This is due to greater awareness about risks associated with unregulated sources of finance offered by pawnbrokers, at relatively higher interest rates. We feel the trend will continue in the time to come as well.”

LONDON – 24 February 2023 – Global Processing Services (“GPS”), a fast-growing next-gen global payments technology platform, today announced the appointment of Paulette Rowe, Shane Happach, and Lynn McCreary as independent Non-Executive Directors.

Paulette Rowe is one of the most influential women in payments, recognized by American Banker in its annual honors list for three consecutive years, and was formerly CEO of Paysafe’s Integrated and E-commerce Solutions (IES) division. Paulette brings a wealth of experience across card-based and virtual wallet payment solutions. Prior to Paysafe, Paulette was Head of Payments and Financial Services Partnerships for Facebook and held senior roles in a variety of financial organizations over a 20-year period, including Barclaycard, Royal Bank of Scotland (RBS), Tesco Bank, and GE Capital.

Shane Happach is an experienced global payments executive with strengths in enterprise sales and fintech-led disruption. Shane was recently named CEO of Singapore-based fintech, Coda Payments. Prior to Coda, Shane was CEO of payments fintech Mollie for two years and spent more than a decade at Worldpay, where he held a number of senior positions, including EVP, Head of Global Ecommerce, and Chief Commercial Officer. Before Worldpay, he worked with GlobalCollect – acquired by Ingenico in 2014 – in business development roles across the Americas and EMEA.

Lynn McCreary brings over three decades of experience in legal, business and executive leadership roles to GPS, having worked at financial services and payments firm Fiserv for 11 years, serving as Chief Legal Officer since 2013. Her responsibilities at Fiserv included directing the firm’s global legal, ethical and compliance activities, as well as taking an active role in coordinating its M&A strategy. Prior to joining Fiserv, Lynn was an equity partner at Bryan Cave LLP, now Bryan Cave Lighton Paisner, where she represented the interests of financial services companies, insurance companies, retailers and others in a broad range of commercial disputes. Lynn is currently Chief Legal Officer of Sportradar.

“Paulette, Shane, and Lynn bring a wealth of experience to our Board and will support our team to capitalize on the enormous potential for disruption in the issuer processing space,” said Gene Lockhart, Chair of GPS. “GPS is committed to investing for the long-term to support our clients in accelerating innovation, diversifying product capabilities, and facilitating new payments programs worldwide.”

GPS has attracted a number of highly experienced global payments executives under the leadership of Kevin Schultz as Chief Executive Officer since July 2022. The company most recently announced the appointment of Visa veteran Jim McCarthy as Executive Vice President – Global Product and Sales, who has more than 30 years of payments experience; Kevin Fox as Chief Revenue Officer, and Jeff Burns as Chief Financial Officer.

Kochi: ESAF Foundation invites nominations for ESAF Sthree Ratna Award 2023. ESAF Sthree Ratna Award was introduced in the year 2019. The award recognises women who have shown exemplary acts of being role models to others by not only beating all odds to create a niche for themselves but also for their fellow beings to make a lasting impact in people’s lives. She could be an unsung hero working in the humanitarian sector, striving for gender equality, enabling sustainable livelihoods, reducing inequalities, advancing education, health and nutrition, or advocating for women’s rights. In other words, ESAF Sthree Ratnas are ordinary women who break stereotypes and emerge as catalysts for change.

The award carries a cash prize of INR 1 lakh and a citation. The last date to send the applications is 28th February 2023. The award shall be announced on 8th March 2023 and conferred on 11th March 2023 in Thrissur. Applications can be sent to sra2023@esafindia.in and for more details, please contact 9946000899.

New Delhi, February 2023: The OPPO Find N2 Flip is the fruit of five years of research and development and bears a testament to the brand’s efforts to engineer an intuitive and natural foldable smartphone. The device’s perfectly proportioned ergonomics emphasise fluid design and quiet sophistication.

Design

The Find N2 Flip’s polished aluminium frame and matte glass back that gently curves around the edges result in a handset that is gorgeous to look at and comfortable to hold.

Its newly-engineered hinge mechanism sports a micro-engraved waveform pattern to give it visual flair. The fluid design continues to the subtle camera rings and bezel-less cover display that sits in harmony with the micro-etched matte frame of the Find N2 Flip.

Every aspect of the Find N2 Flip is a result of careful deliberation. The choice of a 3.26-inch vertical cover display, which accounts for 48.5% of the top half of the phone with a 17:9 vertical layout, is a natural extension of the aspect ratio of the primary screen.

The cover screen–in alignment with OPPO’s Design thinking–is the first point of interaction and provides you with a snapshot of your digital life at a glance.

Cover Screen Experiences

The largest ever cover display on a flip phone allows for engaging new user experiences, from previews of photos and videos to quick access to tools like timers and important system settings.

The convenience of the cover display continues to include Smart Widgets for Wi-Fi, mobile data, flight mode, Bluetooth, notification alerts, do not disturb, power saving modes, and the torch that can all be turned on and off with a swipe down and a tap. And thanks to the size of Find N2 Flip’s cover screen, all these appear in a single page view with no need to swipe through an endless list of icons. In addition, the flip mechanism makes the device compact and helps it fit where other phones don’t.

Furthermore, you can fully customise the cover display with an always-on display, sticker pack, or even interactive pets.

The OPPO Find N2 Flip–available in two colours, Moonlit Purple and Astral Black–represents an elegant mix of high-end foldable engineering that is a natural extension of the user’s life.

Tamil Nadu, Chennai, 24 February 2023: Federal Bank, one of India’s leading banks, TANSIM, the Tamil Nadu Government’s startup initiative, and MindEscapes Innovation Center, Nilgiris, are collaborating to back start-ups in Tamil Nadu. The partnership aims to provide Tamil Nadu startups with loans and grants from Federal Bank, identified by TANSIM and pitched through sessions curated and run by MindEscapes® Knowledge Partners, across various centers in the state.

This partnership offers startups a variety of resources and support to aid in their growth and success. The ultimate goal is to support the Tamil Nadu government’s vision of becoming a leading state for innovative startups across all sectors.

“We are ecstatic about joining forces with Federal Bank and MindEscapes® to support startups in Tamil Nadu,” stated Sivarajah Ramanathan, TANSIM’s CEO. “By providing access to capital and other essential resources, we can assist startups in taking their businesses to new heights and spur innovation in the state.”

“Our partnership with TANSIM represents our commitment towards young firms which are strengthening our economy and are creating employment opportunities. We are hopeful that this will give tailwind to more innovation in the country,” said Shyam Srinivasan, MD & CEO of Federal Bank.

“At MindEscapes®, our mission is to help individuals and teams unlock their full creative potential,” said Dipali Sikand, MindEscapes®’ founder. “We are thrilled to be collaborating with Federal Bank and TANSIM to help Tamil Nadu startups to develop and present their ideas, increasing their chances for success. To facilitate this vision we have strategic knowledge partnerships with powerhouses of intellects we call our Board of Guardians, as well as a partnership with the premier Innovation Solution Organization, KPMG “.

The partnership offers various services including:

•  Collateral-free loans, lower-cost loans, and grants to eligible startups basis Federal Bank’s lending policies.
•  Curated pitch sessions and workshops
•  Access to a network of industry experts and potential investors
•  Opportunities for startups to work on real-world projects and increase their ideas’ visibility

This partnership targets startups across all sectors and will aid in the state’s efforts to foster innovation, create jobs, and drive economic growth in Tamil Nadu.

24 February, 2023, India – MSys Technologies, a leading software product engineering, and digital transformation services firm, today announced that it has registered a stellar business performance of 41.85% YoY revenue growth for year ending 2022, adding more than a dozen new Enterprise and ISVs to its clientele. To ensure continuous delivery, infusing robustness, dependability, and scalability, 600+ Software Engineers (MSys-ians) have joined the MSys bandwagon in 2022.

MSys recorded a double-digit revenue growth and added a dozen new logos in 2022 globally. The company increased the headcount by over 40% in 2022. It also stated that it has increased its tally of unicorn clients to more than a dozen in 2022.

Sanjay Sehgal, Founder, Chairman and CEO, MSys Technologies, echoes triumphantly, “All of us have brands we love, software products we engage and apps we follow with almost religious fervour. One common pulse – Software Product Engineering Teams that build and manage them. And that’s what MSys specialises in. Our GDCs are forward-thinking software outsourcing hubs focused on leveraging our experiential customer intimacy models and technological advancements at scale for delivery excellence. At the end of the day, we bet on both – (Product) Engineering and our Engineers (people).”

Transcending its growth trajectory from 2021, MSys finished 2022 with its best possible QoQ financials. MSys’ growth is attributed to its superior CX, product engineering and digital transformation services and an uptick in cloud-native transformations.

Sunny Raskar, VP and Global Head, Sales, and Marketing, MSys Technologies, illustrates, “Our product engineering and digital transformation services team build a customer-centric culture that inspires trust and brand affinity for mutual success. We build close, mutually beneficial relationships with our customers to help them accelerate their time-to-market, product roadmaps, increase their market shares and architect perennial revenue streams. This enables MSys to deliver personalised, seamless, and omnichannel customer experiences and reinforces customers’ trust.”

MSys Customer Intimacy Service Models inspire brand loyalty and an enriched and prodigious clientele across all key verticals, viz. Storage, FinTech, Digital Transformation, Cloud-Native Engineering, DevOps and more.

Sameer Danave, Senior Director Marketing, MSys Technologies, eloquently expounds the MSys Accelerator Program, “The program takes your idea from prototype to product. It is customised per start-up, covering everything from business modelling to customer acquisition. Our community of market strategists, SMEs, data scientists, researchers, and especially Founders are committed to your product success with world-class programming and business mentorship. Come, join the cohort of thinkers and tinkerers, and give yourself an adroit advantage in the digital marketplace.”

The firm also signed multi-year, multi-million-dollar deals driven by digital transformations and cloud-native adoptions – and has a lucrative pipeline established for 2023 as well.

India, February 24, 2023: IKF Finance, one of India’s most trusted, Non-Banking Finance Companies (NBFC), has launched six new branches in the State of Rajasthan. These branches are located in the cities- of Jodhpur, Bikaner, Nokha, Sumerpur, Barmer, and Phalodi.

The IKF Finance, with over 30 years of operations has a network of 125 branches across the 8 states of the country. It has won the trust of a total of 60000 plus borrowers. The company has 1100 plus employees to monitor and cater to the needs of the customers.

Explaining the significance of the expansion, K Raghu Ram, Business Head of IKF Finance said “We are delighted to expand our operations today with 6 more branches in Rajasthan. We already have a presence in the capital city of Jaipur. We have planned to fulfill the increasing demand for finance in the unbanked, underbanked & underserved segments in tier II and tier III cities and our mission is to serve diverse financial needs. These branches will cater to the target audiences in the respective regions. We will provide our best services to our customers, who always trusted us and introduce new schemes entering into the industry.”

IKF Finance has emerged as one of the most trusted NBFCs during the past 3 decades of service in many parts of the country. It is always ready to adopt changes in the banking industry, innovate and make a mark with new schemes and services.

About IKF Finance: IKF Finance is among India’s prominent Non-Banking Finance Companies (NBFCs), with over three decades of experience in the asset financing business. Incorporated in 1991 as Indrakeela Finance Private Limited, with the objective of financing the purchase of commercial vehicles, construction equipment, tractors, cars, and multi-utility vehicles, it was founded by Mr. VGK Prasad. The IKF group has evolved into a multi-product retail financier across vehicle finance and affordable housing finance. It expanded its portfolio to construction and MSME sector loans. The product portfolio is customized to accommodate the needs of financially underserved self-employed customers.

The next generation leadership, Vasumathi Kongati, Managing Director of IKF Finance along with the professional management team has contributed to the leading growth journey of the company. IKF has adopted digital technology, automating towards building sustainable competitive advantage. Its diversified network consists of 125 branches across 8 states.

India, 24 February 2023: TTK Prestige, the house of durable, innovative, and versatile kitchen appliances launches its new range of Oven Toaster Grillers with a stainless steel body. Consumers can now use one appliance to cook a variety of healthy and delicious meals across cuisines.

The new range of OTG comes with a host of new features like an automatic rotating rotisserie function that allows for even cooking when grilling meats and vegetables. The appliance also doubles up as a high-capacity air fryer with its convection feature ensuring more healthier meals with the minimum usage of oil. Right from pizzas, to kebabs and cookies to French fries and samosas, TTK Prestige’s OTG is designed to help every home cook in preparing various dishes.

In addition to its innovative features, the OTG has a high-quality stainless steel body, which is durable, and easy to clean and maintain. To ensure every cook has complete and precise control over the temperature and cooking time the appliance has a timer and temperature control of up to 230 degrees. The appliance is also armed with a range of thoughtful accessories that make every cooking experience an easy one.

The new OTG range not only encourages home, cooks, to get creative and experimental with their cooking but is also a versatile addition to every kitchen that takes up less space and is easy to clean. Coming from India’s most trusted kitchen appliance brand, TTK Prestige, home cooks can be assured of a high-quality, durable and efficient addition to their kitchen – giving them a cooking experience like no other. A total of three OTG SS models are available in the SS range at prices of INR 10995/- for the POTG 26 SS RC, INR 12795/- for the POTG 36 SS RC and INR 13995/- for the POTG 46 SS RC.

New Delhi, February 24, 2023: Deepak Fertilisers And Petrochemicals Corporation Limited (DFPCL) has released its latest Corporate Social Responsibility (CSR) Report, highlighting its contribution to supporting health, education, and women and youth empowerment initiatives aimed at promoting sustainable livelihoods. The report showcases the successful implementation of various social welfare programs and sustainable development projects that have positively impacted the lives of communities in and around the areas where the company operates.

Through the non-profit organization Ishanya Foundation (IsFon), affiliated with DFPCL, the company has completed multiple CSR projects across Navi Mumbai and Raigad, supporting holistic rural development and empowering communities through smart initiatives. These CSR activities have touched the lives of more than 19527 (Taloja Location) regional beneficiaries. DFPCL’s comprehensive CSR report reaffirms its commitment to creating a better, more equitable future for all.

Speaking about DFPCL’s CSR commitments, (company spokesperson’s name) said, “At DFPCL, we believe that our commitment to CSR reflects our commitment to society. We have been promoting sustainability in all aspects of our corporate operations. Our success in health, education, women and youth empowerment is a testament to our unwavering dedication to creating a better future for all.”

Ishanya Foundation has been supporting rural communities in multiple locations across Maharashtra in the areas of dairy development, health, vocational training and income creation initiatives for the past 15 years with a focus on women’s empowerment. By acting as an effective catalyst in DFPCL’s geographies of operations, Ishanya Foundation is creating a self-reliant and respectable society with a secure and sustained means of livelihood through employment skills and resource support. Ishanya Foundation’s Community development initiatives have benefited 25877 (all locations) beneficiaries through its various schemes during 2022–2023.

Gyanam:

Under the ‘Gyanam’ initiative, IsFon has successfully executed a noteworthy CSR project in Valavali Village by installing a tin sheet roofing shed on the school building. The previous classrooms were dilapidated and vulnerable to rainwater leakage and seepage, posing a risk to the student’s safety during the rainy season. The local leaders and school authorities made the request, verified by the CSR team, and subsequently, DFPCL completed the work with management’s approval.

IsFon has facilitated digital education by equipping 9 Raigad Zillah Parishad Schools in and around the Taloja MIDC with a digital learning facility that includes a 55″ Smart Android TV, a keyboard, a mouse, and a pen drive containing a digital syllabus customized to the school’s requirements. The CSR team has provided teacher training to ensure efficient utilization of this system. IsFon’s ‘Gyanam’ initiative has successfully assisted students through the digitalization of 42 schools, marking a significant milestone in the organization’s ongoing efforts. In the recently concluded fiscal year 2022-23, IsFon reaffirmed this commitment by supporting 22 schools.

IsFon has also organized career guidance seminars for over a thousand 10th and 12th-standard students in eight schools and junior colleges to help them explore their future career options. The organization has further contributed to enhancing the learning environment by providing safe drinking water facilities to three schools and donating desktop computers and printers to three other schools, reflecting DFPCL’s commitment to supporting and improving education quality in local communities.

Aarogyam:

As a part of IsFon’s ‘Aarogyam’ initiative, the foundation recently conducted four eye checkup camps in Pale Kh. village in collaboration with the Laxmi Charitable Trust Panvel. Out of 830 patients screened, 283 were diagnosed with cataract problems, and 182 cataract operations were performed. In addition, 306 patients were detected with vision errors and were provided with spectacles. Foundation is also providing regular doorstep health services through a mobile clinic in over 21 villages in the Taloja MIDC and has provided free health checkups and medications to 13,438 patients so far in FY 2022-23. Other initiatives under the Aarogyam Program include distributing perennial kitchen gardens to 314 families and providing water tanks and computer equipment to primary health centers and subcenters.

Sustainable Livelihood:

IsFon is committed to developing farmers’ livelihoods and, to that end, has implemented the Wadi project. Foundation supported 380 farmers under this project. This project provides farmers with 30 mango grafts to cover half an acre of land, along with 100 forestry plants for live fencing, required inputs and support for up to 4 years (fertilizers/pesticides), support for water resource development, soil conservation, and capacity building of farmers.

CSR team recently conducted ‘Kisan Melava’ at Gadeswar and Wangni villages of Panvel Block, where IsFon trained 139 participants about fertilizer application, soil conservation, disease and pest management, and safety precautions to be taken during pesticide application.

IsFon, under its rural initiatives for small/marginalized/landless laborers in Raigad and Thane districts, is focused on improving farmers’ livelihoods through its Dairy Project. The project provides holistic support through dairy management training, vaccinations, assistance developing fodder plots, and artificial insemination. IsFon has supported purchasing cows, provided artificial insemination services, and distributed maize seeds for green fodder development to farmers. Additionally, IsFon supports enterprise development by providing new technology and equipment to the participants. As part of its commitment to providing sustainable livelihoods, the Foundation has supported 36 beneficiaries through its enterprise development program. Under Community Development and Social Welfare, IsFon has constructed a Community Katta at Ghot village, PVC pipeline work with Standpost for Drinking water Scheme at Dongryachapada Village, Donated desktop computers to Commissioner of Police Office CBD Belapur and installed an Open Gym at Khairne Village.