Archives June 2023

Mumbai,22nd June 2023: Max Healthcare Institute Limited, a leading healthcare provider, and the esteemed Indian Institute of Technology Bombay (IIT Bombay), known for its academic excellence and technological advancements, have signed a Memorandum of Understanding (MoU) to create an alliance intended to encourage research, capacity building and innovation in the healthcare industry.

The collaboration between Max Healthcare Institute Limited and IIT Bombay represents a significant milestone in the pursuit of transformative digital healthcare solutions. By joining forces, both organizations seek to leverage their unique strengths and expertise to address pressing healthcare challenges and enhance patient care.

The MoU, signed between IITB and Max Healthcare Institute Limited, sets forth the objectives and modes of collaboration to promote interaction and provide a formal basis for initiating joint initiatives.

Under this collaboration, Max Healthcare Institute Limited and IIT Bombay will focus on the following key areas:

Research and Development: The partnership will foster joint research projects focusing on healthcare technologies, medical devices, artificial intelligence, data analytics, and other cutting-edge areas. By combining the research capabilities of IIT Bombay with the practical healthcare knowledge of Max Healthcare Institute Limited, the collaboration aims to drive innovation and develop novel solutions that can revolutionize the healthcare industry.

Skill Development and Training: Max Healthcare Institute Limited and IIT Bombay will work together to develop training programs and workshops to enhance the skills of healthcare professionals, researchers, and students. This collaboration will promote continuous learning, foster interdisciplinary collaboration, and empower individuals to excel in their respective fields.

Technology Transfer and Commercialisation: The collaboration will facilitate the transfer of technology and commercialization of innovative healthcare solutions. By leveraging the entrepreneurial ecosystem of IIT Bombay and the market reach of Max Healthcare Institute Limited, the partnership aims to accelerate the translation of groundbreaking research into tangible products and services that benefit patients and healthcare providers.

Knowledge Sharing and Thought Leadership: Both organizations will actively engage in the exchange of knowledge, best practices, and expertise through conferences, seminars, and joint publications. This collaboration will foster a culture of thought leadership and intellectual discourse, driving the advancement of healthcare practices and policies.

Commenting on the partnership, Dr. Sandeep Budhiraja, Group Medical Director from Max Healthcare, said: “We are delighted to partner with IIT Bombay, an institution renowned for its academic excellence and innovation. This MoU marks a significant milestone in our journey to transform healthcare through research and digital technology. Together, we will forge new frontiers and pioneer solutions that improve patient outcomes and revolutionise the healthcare landscape. The collaboration between IIT Bombay and Max Healthcare holds tremendous potential for driving innovation and bringing about positive change in healthcare. By combining our expertise, resources, and shared vision, we will create an ecosystem that fosters breakthrough research and facilitates the development of innovative solutions.”

Adding, Prof. Subhasis Chaudhuri, Director of IIT Bombay, added “Over the years, IIT Bombay has put in a significant emphasis on manpower training and research in the health care sector and it has already made several impactful contributions. With the signing of this MoU, we are confident that with the further help and collaborative support from our partner, we can have an accelerated growth in the healthcare sector, thus benefitting the society.”

Prof. Ganesh Ramakrishnan, Institute Chair Professor and Professor-in-Charge, Koita Centre for Digital Health (KCDH), IIT Bombay, said “Collaboration with Max Healthcare will bring clinical expertise and the collaboration aligns well with KCDH’s vision of interdisciplinary research in digital health areas of Healthcare Applications, Healthcare Data Management, Healthcare Analytics & AI/ML (Artificial intelligence/Machine learning), Consumer Health & Telemedicine, Computational Biology & Bioinformatics, Population Health & Public Health Policy.”

The Koita Centre for Digital Health (KCDH) set up at IIT Bombay is focused on driving academic programs, research, and industry collaborations in Digital Health. KCDH addresses the need for engineering, clinical professionals and entrepreneurs in Digital health and creates research and employment opportunities in this domain. It partners with leading hospital systems, healthcare research, and academic organizations which have strong capabilities in different branches of medicine and healthcare.

The KCDH team led by Prof. Ganesh Ramakrishnan and the Max Healthcare team led by Dr Vinita Jha, Executive Vice President, Max Healthcare played a vital role in the initiation of this long-term collaboration and signing of the MoU.

Bangalore, 22nd June 2023: CASE Construction Equipment, a brand of CNH Industrial (NYSE: CNHI), has appointed Mr. Shalabh Chaturvedi as Managing Director for India and the SAARC region, with effect from June 01, 2023.

Mr. Chaturvedi has been with CNH Industrial for over a decade, having held a variety of leadership positions across the commercial, industrial and R&D functions within the Construction Equipment segment of the company. Most recently, he served as a Global Quality & Reliability Director, where he was responsible for current & new product quality, reliability and validation methods, covering all construction equipment manufactured in plants spread across the USA, Brazil, Italy & India.

With nearly two decades of experience in the Indian construction equipment landscape and exposure to global best practices, Mr. Chaturvedi will be responsible for strategic and sustainable expansion of the CASE Construction Equipment brand in the region.

“We congratulate Shalabh on his new role as Managing Director,” said Alexander Markov, Vice President CNH Industrial Construction Segment in Africa, Middle East and Asia Pacific. “Shalabh has a proven track record of successfully leading and developing businesses. I am confident that he will bring his extensive experience to bear in his new role, to further expand the CASE Construction Equipment business in India and the SAARC region.”

Mr. Shalabh Chaturvedi commented on his appointment: “This is an exciting opportunity to lead a dynamic team and further strengthen CASE’s position in the industry. With the CNH Industrial’s Customer First approach, we aim to provide construction businesses with the best solutions for their applications. I’m very optimistic about the opportunity to leverage our India footprint to achieve Growth Together, not only in the subcontinent but also globally. I am looking forward to the journey, which I undertake with the spirit of innovation while keeping it simple for which CASE is renowned.”

Prior to joining CNH Industrial, Mr. Chaturvedi has held various positions at Larsen & Toubro (L&T). An alumnus of the Indian School of Business, he holds an MBA in Strategy and Marketing, and a Bachelor of Technology in Mechanical Engineering.

A global leader in Construction Equipment since 1842, CASE has been present in India since 1989. It has consistently remained a market leader in the Vibratory Compactor segment and a leading player in the backhoe loader segment, since inception. The company produces Made-in-India products in its state-of-the-art manufacturing facility in Pithampur, Madhya Pradesh for the domestic and export markets in over 105 countries.

India, 22nd June 2023: Blaupunkt, a renowned leader in German audio technology, is proud to announce the launch of its latest innovation, the BTW100 KHROME earbuds. With an impressive 20-hour playtime, TrueVolt Tech charging capabilities, a unique chrome finish design, and unparalleled audio quality, these earbuds are set to revolutionise the way we experience music.

The BTW100 KHROME earbuds are a testament to Blaupunkt’s commitment to delivering exceptional audio performance and style. Equipped with advanced technology, these earbuds allow users to enjoy their favourite tunes with crystal clear audio and thumping bass, providing an immersive and exhilarating listening experience like never before.

One of the standout features of the BTW100 KHROME earbuds is their remarkable 20-hour playtime, ensuring extended listening sessions without the need for frequent recharging. Whether you’re travelling, working out, or simply enjoying a day full of music, these earbuds will keep you immersed in your favourite tracks from morning until night. Blaupunkt also provides TrueVolt Tech charging, which enables users to conveniently charge their BTW100 KHROME earbuds anytime, anywhere.

Beyond their exceptional performance, the BTW100 KHROME earbuds boast a striking design that effortlessly combines elegance and modernity. The unique chrome finish adds a touch of sophistication, making these earbuds a statement piece for fashion-conscious music lovers. With their sleek and ergonomic design, they fit comfortably in your ears, providing a secure and snug fit for hours of uninterrupted music enjoyment.

The Blaupunkt BTW100 KHROME earbuds are priced at Rs 1, 199/- and are available in two colours options – White Chrome and Black Chrome. These are available on Amazon.

Porsche has become a Golden Brand in the Celebrity World. From actors to famous sportsmen, the craze for fast and small European cars increased over time and has continued to take the country by storm. Some of the most prominent personalities today own a stunning fleet of vintage and new of brand that has become iconic over time. The emblem of the horse on the gold logo can be recognized from afar, and the unique shape of the cars makes them stand out from the crowd.

Hrithik Roshan

Often called as the “Indian Greek God” for his mesmerizing personality and handsome looks, Hrithik Roshan is one of the first people from the film fraternity to get a Porsche Cayenne, which only adds to his charming personality.

Farhan Akhtar

One of the most prolific and multi-talented artists in Bollywood, film director Farhan Akhtar has a silver-colored Porsche Cayman GTS, which is easily the coolest-looking car in his collection.

Stebin Ben

One of India’s most popular and versatile singers, Stebin Ben has carved his name amongst the most loved celebrities in the Indian Music Industry today. He is a proud owner of a beautiful Miami Blue Porsche 718 convertible and has been seen flaunting it off on many occasions.

Sonu Sood
The Bollywood actor Sonu Sood, who acquired quite a selfless reputation during the pandemic also owns a dark-blue colored first-generation Porsche Panamera diesel, which comes with a 3.0-liter six-cylinder 250 PS diesel engine under its hood.

Suresh Raina

Raina previously owned a Porsche Boxter S. The southpaw got the Porsche in yellow declaring his love for his Chennai team. Priced at Rs 1.2 crore, the 3.4L engine with 325 bhp is a powerful car that takes around 4.7 seconds to reach 100km/hr. Raina bought the two-seater as part of a limited-edition collection

Hyderabad,22nd June 2023  Muscle & Strength India, one of the country’s leading retailers of fitness supplements & nutritional products has launched its store recently in Secunderabad, Telangana. Renowned bodybuilder and former Mr. India, IFBB PRO Manoj Patil inaugurated the store located at Secunderabad. Muscle & Strength India is looking to expand aggressively in South India through franchisee route as it seeks to deepen its presence in India’s growing nutritional supplement space. The brand already has 3 stores in South India – Vellore, Gulbarga & Secunderabad now and plans to further strengthen its on-ground presence in the region by adding 10 more stores in the next 1 year.

Muscle & Strength India currently has 25 stores spread across multiple cities and has the widest range with over 1000 fitness supplements and nutrition products from 42+ brands. These products are used for athletic performance, fitness and overall wellness. As part of the expansion plan, Muscle & Strength India will also partner with various gyms across the country, while introducing more products in the near future.

“It has been our top priority to widen our network and deepen our penetration pan India. We are delighted to enter the Telangana market and we will also continue to expand our footprint in newer cities in South India in coming months. Our new stores are also a testament to our unwavering commitment of providing genuine and economically priced supplements which has increased consumers’ trust in our brand. Apart from metros, we are also witnessing demand in the tier 2 & tier 3 cities where availability of latest, genuine and economically priced supplements is still a challenge,” said Mr. Praveen Chirania, Founder, Muscle and Strength India.

“The driving factor of the Indian dietary supplements market is the increasing health consciousness and proactive health mindset amongst the consumers. We should be careful about our dietary habits, lifestyle and our body and we should join the fitness industry and motivate others as well. Fitness is the real wealth in today’s age because if you are fit, you can live longer and do better things in life. I am happy to be here in Telangana and advocate healthy ways to be fit and use genuine health supplements. However, it is important to make the distinction between genuine and fake supplements and hence one should buy them from genuine dealers of reputed brands.” said Manoj Patil, Renowned model and bodybuilder.

“We are happy to join hands with Muscle & Strength India who has become one of the fastest growing retail chains in the health supplement market in India. In a short span of time, Muscle & Strength India has already made its mark with its authentic and genuine products. Our ideal target audience are those who are interested in fitness and sports nutrition, gym-goers, sports enthusiasts, health gurus, health-conscious individuals, etc.” said Srikanth Biradar & Vinay Balne, Store Owners, Muscle and Strength India.

Founded in 2018 by Praveen Chirania, Muscle & Strength India is a leading brand in the supplements space today endorsed by celebrities and athletes like Mika Singh, Shreyas Talpade, and Tarun Gill amongst others. The company offers a comprehensive range of genuine high-quality fitness supplements and nutritional products across categories such as proteins, vitamins, minerals and herbal supplements etc manufactured by international fitness brands under a single roof.

Committed to providing world class fitness supplements & nutritional products, Muscle and Strength India is creating a niche for itself by creating a mark as one of India’s leading health supplement brands, providing high-quality, authentic products to fulfill the demands of new age customers. Muscle & Strength India aims to expand in the near future and further launch products in various variants, focusing on different health and wellness categories and segments.

As most employers shift their focus to a data-driven approach to achieving business objectives, there is great demand for professionals who have been trained in Data Science. This field has become increasingly important as it allows organizations to process and interpret data more efficiently, thereby adding to their overall productivity. Thanks to the rapid advancement of technology and machine learning, the importance of data is now being widely recognized.

As most companies prefer employees with a keen interest and proficiency in data, there is also an increasing demand for avenues that allow you to pursue certification courses in Data Science from leading universities. As a result, multiple leading online course platforms have partnered with international universities to provide courses that deal with the various facets of Data Science. Furthermore, these courses also provide flexibility for working professionals to pursue additional certifications. Here are a few such Data Science programs that leading online education portals provide in partnership with top-ranking universities:

1. MSc Data Science (Statistics) from the University of Leeds

Provided by Coursera

This course is curated in collaboration with the School of Mathematics and the Leeds Institute for Data Analytics (LIDA). The course helps develop skills such as data acquisition, data preparation, data wrangling, modeling and analysis, and how to deal with missing data. It is a 24-month-long course that holds 180 credits in total.

The University of Leeds is one of the world’s top 100 Universities (QS rankings). Established in 1904. The University is one of the largest higher-education institutions in the UK. Working with others, the University uses its expertise in research and education to address local and global challenges.

MSc in Data Science from the University of Arizona

Provided by Upgrade

Accredited by the Institute of Analytics (A professional body for Analytics and Data Science Practitioners), the full-time Master’s degree is spread over 2 years. The course is specially designed for working professionals and includes Python Programming Bootcamp, one-on-one mentorship sessions, and masterclasses by industry experts. The course employs real-world case studies in Data Science, Big Data, and production rising Machine Learning solutions. Along with insights into industry experiences and trends, the course also hosts a 2-week long hackathon every year on end-to-end Machine Learning solution building.

The University of Arizona is among the Top 1% of 20,000 universities worldwide according to the Center for World University Rankings. The University of Arizona offers innovative courses and an environment that allows students to approach Data Science from a distinctively global perspective. A pioneer in STEM education, the university prioritizes strengthening quantitative reasoning skills and data fluency through cutting-edge, industry-focussed research. The university is known for individuals who undertake theories of data, and further conduct in-depth analysis.

Executive Post Graduate Program in Data Science & Machine Learning from the University of Maryland

Provided by Upgrade

An executive course provided in partnership with one of the leading Universities in the US, the Post Graduate program in Data Science and Machine Learning enables aspirants to identify insights, improve their ability to make predictions and make data-driven business decisions. Spread over 13 months, the course includes Python programming essentials, and 10+ programming tools and languages.

The course provides you with the opportunity to interact and build contacts with Maryland Smith’s faculty, industry experts, and peers during the course. The institution is a leader in research, entrepreneurship, and innovation.

MSc in Data Science from the University of Colorado Boulder

Provided by Coursera

The fully-accredited online program is spread over 24 months. The course familiarizes students with theories, methods, tools, and programming languages. The program offers 30 courses (30 credit hours) accredited by the Higher Learning Commission (HLC), which is part of the North Central Association of Colleges and Schools (NCA).

A Tier-1 Research Institution, The University of Colorado Boulder is home to a community of scientists, scholars, and educators—including Nobel Laureates, MacArthur Genius Grant winners, and National Medal of Science awardees.

MSc in Data Science from Illinois Institute of Technology

Provided by Coursera

The degree aims to help you make sense of the data at hand by employing high-level mathematics, statistics, and computer science. The 33-credits course is spread over 12-15 months. The course enables students to not just sort data, but also visualize it. The course focuses on helping students improve structures of data, and evaluate models and hypotheses.

Illinois Tech is a university in the US that commits to making the world better by actively participating in technological advancements. With a 90.5% placement rate in 2022, the university is a pioneer in STEM education.

New Delhi,21st June 2023 Nasscom Foundation is proud to announce the 15th Edition of Nasscom’s Global Inclusion Summit scheduled on June 27-28, 2023 at Radisson Blu, Marathalli, Bengaluru. This summit has been conceptualized as an immersive experience to dive deeper in understanding inclusion in tandem with real-world actions.

Under the theme ‘Real-World Actions for Mainstreaming Inclusion’, the summit will feature expert keynote speakers and action-oriented discussions, industry awards, experience zones, and interactive workshops and masterclasses. The event will also convene top industry leaders to address challenges, and biases, and chart a course toward building an equitable and inclusive society. The agenda encompasses crucial topics including Dimensions of Diversity including Disability, Gender, Neurodiversity, LGBTQ+, Racial ethnicity, Culture, Socio-Economic status and more; Tools and processes for an inclusive workplace like Assistive technology, Diversity & Inclusion data (metrics and analytics), Sustaining Engagement and Accountability in D&I Initiatives and much more.

The summit will feature distinguished speakers who will set the agenda for #InclusionforAll, providing actionable insights, strategies, and best practices to drive progress. The opening keynote will be delivered by Nidhi Bhasin, CEO, of Nasscom Foundation, and Rostow Ravanan, Chairman and CEO, of Alfahive Inc., who will share insights on mainstreaming inclusion through real-world actions. Other notable speakers include Mr. Rajesh Nambiar, Chairman & MD of Cognizant India & Vice Chairperson of nasscom; Ms. Ritu Anand, Independent Director; Mr. Shekar Naik, Ex-Captain of the Indian Cricket Team for the Blind; and Ms. Priya Ajmera, Chief Evangelist, Societal Thinking, among others.

The event will take place from 10:00 AM to 6 PM on both days. Detailed agenda along with details on the keynote speaker and panel discussion is also attached.

Mumbai, 21st June 2023: Amazon miniTV’s popular romantic drama series ‘Badtameez Dil’ premiered last week, and has been on everyone’s mind since then. This exquisitely crafted series, full of passion and romance showcases a head-turning lead performance by Barun Sobti. A complete emotional roller-coaster, the series leaves audiences wanting for more, making us laugh, brim with emotions and fall in love with all the characters and extremely relatable storyline.

Talking about what makes this show different from the other romantic dramas, Barun Sobti shared how he was waiting to do something like this. He said, “It was in my sub-conscience that it was getting a little intense so there should be something light-hearted. Badtameez Dil is a light-hearted show and I think the novelty of the idea itself in current times because everything else is so intense makes it special. Apart from that the writing also sets it apart.” Throwing light on his character, he shared “Karan believes in compartmentalization, he thinks that we can’t find everything in just one person. There should be a friend, a girlfriend, everything compartmentalised basically. He thinks that’s the way of modern love.”

He further commented about his bond with Ridhi and how they had a blast on the set along with the other cast members. “Ridhi and me had a ball shooting this show. On and Off set both. We have a very healthy friendship. Everyone has a different kind of bond right and in our case we have an equal amount of love and respect for each other. It was creatively satisfying, and it was fun. Not only me and Ridhi but the whole cast. The whole cast hung out till sunrise most of the nights”, he shared. When asked about the shooting scenes and improvisation them, he mentioned, “It was our director’s idea basically. He was always like – bring on whatever suggestion you have, and he used to listen and consider them too. It wasn’t like he just asked for the ideas and never considered.”

New Delhi, 21st June 2023 Matrimony.com, India’s No1 matrimonial site, has curated a special skill development program for its executives, in association with one of the oldest varsities of Tamil Nadu, Bharathidasan Institute of Management, Trichy, with the aim to develop future leaders for the organization.

The MoU between the two institutions was signed on June 15th, 2023.

Dr Asit Barma, Director, BIM, and Mr Rajesh Balaji, CHRO, Matrimony.com signed the Memorandum of Understanding in the presence of senior leaders of Matrimony.com at their corporate office in Chennai.

Sharing his details about the same, Mr Rajesh Balaji, Chief Human Resources Officer of Matrimony.com said, “We are excited to partner with BIM to impart a curated programme to our future leaders to provide skills and knowledge they need to be successful. This programme will be delivered in a blended format, with both in campus to learn the concepts in the areas of deeper analytics, efficiencies, data driven decisions and management principles and apply the same in the special projects allocated to them to solve the organisation challenges for accelerated growth. I am confident that this will be possible with the vast experience and credibility of the institution and the able faculty of BIM.”

Expressing happiness over the signing of the MoU, Dr Asit K Barma, Director, BIM, said, “BIM sees an emerging space of multi-disciplinary projects and consulting for companies in new age applications. We bring an eclectic mix of faculty with outstanding academic and industry backgrounds. Our faculty and various centers of excellence make BIM a perfect platform to learn new-age leadership skill that involves looking at data and insights as a critical resource in a non-linear growth paradigm instead of traditional modes of driving competitive advantage through productivity and efficiency alone. We are excited to have this MoU with Matrimony.com, where both parties can experiment, learn and unleash the power of data and build nonlinear business models.”

The six-month long comprehensive and immersive experience of the Emerging Leaders Programme would be a right mix of theory and practice with experiential learning as its core focus. The methodology would include case studies, simulation tools, activities, real-time projects, mentoring, role plays, and lectures around the themes of big picture thinking, execution excellence, nurturing high-performance teams and data-driven decision making.

Ahmedabad,21st June 2023: Dev Information Technology Limited (DEV IT), one of the India’s growing IT companies, today announced that LT1, Inc, a wholly owned step down subsidiary of Lilikoi Holdings, Inc (USA), has acquired a controlling stake in DEV IT in an all cash deal. It is a win-win strategic collaboration between Lilikoi and DEV IT which aims to integrate the vision of Lilikoi, to become a unique IoT and AI wireless ecosystem providers, with the software service capabilities of DEV IT.

Through acquisitions and in-house expertise, Lilikoi is creating a unique ecosystem to design, engineer, manufacture, and support their IoT devices, edge devices, base stations, repeaters, and seamlessly integrate various technologies and solutions. Their software engineering capabilities include skill sets in Managed Cloud Services, Business Intelligence, Digital Transformation, Mobile ecosystem, etc. to name a few. This perfectly aligns with DEV IT’s core expertise and thus, will be strengthened further through this strategic acquisition.

DEV IT, an India-based ITeS company, founded in 1997 and also having its presence in Canada, has since established itself as a reputable player in the IT industry as Technology Solutions Provider delivering Digital Transformation leveraging Cloud, Automation and Data technologies. Listed on NSE and BSE, DEV IT is a CMMi Level 3 appraised company, certified with ISO 27001, ISO 20000, ISO 9001 and providing broad range of IT solutions and services to the clients across the globe as well as esteem public sector clientele across India.

Lilikoi’s vision is to become a unique AI enabled IoT wireless ecosystem provider, delivering mission-critical, actionable intelligence of the targeted assets using its private, secure, and exclusive IoT wireless infrastructure. The leadership team at Lilikoi has over 300+ man years of entrepreneurial experience, excellence, and expertise in managing disruptive technology businesses in different industry disciplines including in telecom, mission-critical communication, wireless infrastructure and ecosystem solution services, exclusive IoT / AI technologies, commercial real estate / smart building technology platform and managed services, agriculture technologies, healthcare application services, hardware / software and network engineering, cloud infrastructure managed services, electronic manufacturing, data center driven digital transformation with full life cycle enterprise managed IT services.

Commenting on the development, Mr. Pranav Pandya, Chairman said

“We are excited at this development with Lilikoi. This alliance is going to benefit DEV IT in many ways which shall include an increase in our technology spectrum, entry into new businesses via access to Lilikoi group companies’ clientele, and shall provide strong opportunity to DEV IT to expand its presence in USA, Canada, Australia and many other developed geographies in addition to maintaining its strong presence in India. We expect that this development and systemic changes stemming from this alliance shall help us in improving our revenue mix and profitability as we grow.”

Mr. Sanjay Patel, Founder & CEO of Lilikoi said, “In DEV IT, we find a perfect blend of technical skills with service capabilities to deploy our solutions in North America and other developed geographies. We are excited to share our vision, of being unique AI enabled IoT wireless ecosystem provider, with the promoters of DEV IT and leverage their ITeS capabilities to provide efficient and expeditious solutions to our target clientele.”.

This transaction envisages a transformation of DEV IT from a conventional software development and ITeS company into a diversified, IoT / AI driven software engineering company meeting the next-gen turnkey system integration requirements of the global clientele.

As part of the agreement signed with Lilikoi, there shall be no material changes to the management framework of DEV IT and the current promoters and senior management of DEV IT shall retain their managerial and Board positions. This strategic acquisition will ensure benefits to all four dimensions of the company – shareholders, employees, customers & aligned stakeholders and promoters.

Vivro Financial Services Private Limited is the Advisor and Merchant Banker to the Transaction and Dhinal Shah Associates is appointed as the Legal and Tax Advisor to the Transaction.