Archives June 2023

Mumbai,2nd June 2023 HDFC Bank, India’s leading private sector bank, today announced the launch of a mega ‘Car loan Mela’ in Central India and Maharashtra. Over 650 bank branches across Rajasthan, Madhya Pradesh, Chhattisgarh, Northern Maharashtra, and Vidarbha, will host the car loan drive on June 2 and 3, in partnership with leading automobile brands and car dealerships. Car dealers will be present at the branches to showcase their automobile models and will allow customers to take test drives of the vehicles. The Bank would provide on-the-spot loan sanctions to eligible customers.

HDFC Bank provides a host of loans to all customers at affordable interest rates. The ‘Car-loan Mela’ is envisioned to provide customers easy access to automobile finance, especially in the SURU (semi-urban and rural) locations. The Bank will provide an end-to-end solution for processing loan requests with a variety of repayment configurations and minimal paperwork.

For the year ending 31st March 2023, HDFC Bank’s auto loan book size was Rs 1,17,429 crore. Last year, HDFC Bank introduced the ‘Xpress Car Loan’ facility, a state-of-the-art digital API platform that helps credit loans into accounts of dealers in about 30 minutes.

Mumbai, 2nd June 2023: Techwave, a prominent global IT and engineering service firm, receives the prestigious “President’s Volunteer Service Award (PVSA)” in recognition of its unwavering commitment to volunteerism and community service. This esteemed accolade highlights our steadfast dedication, honoring our employees for their positive impact on communities globally and serving as an inspiration to others. It serves as a testament to our resolute dedication in confronting and effortlessly tackling the pressing challenges.

Techwave prioritizes volunteerism and community service, encouraging every Techwavian to contribute to the betterment of the community. One of our notable initiatives includes partnering with the Houston Food Bank and America’s Grow-a-row for a Seed to Table initiative. Techwavians actively participated in various stages of the food chain, such as planting seeds, harvesting crops, and distributing food to local families in need. We covered the associated expenses, including seeds, crop management, packaging, and transportation, demonstrating our commitment to making a difference.

In addition, throughout the year, Techwavians enthusiastically volunteered their time and effort to assist the Houston Food Bank in providing nutritious food to individuals in the Greater Houston area who are grappling with chronic health conditions as part of their Food for Change Program. During the challenging times of the Covid pandemic, Techwave launched the Feed the Frontline initiative, where our team personally showcased support to frontline workers and local Houston restaurants that were impacted by the uncertainty of the pandemic.

Speaking of the Celebration, Mr. Raj Gummadapu, CEO of Techwave said, “We are happy and delighted to be honored with the prestigious President’s Volunteer Service Award. This recognition truly humbles and honors our team at Techwave. It underscores our unwavering commitment to giving back and creating a positive impact in communities worldwide. We firmly believe that through the power of volunteerism, we can effectively address the pressing challenges our world faces today”

Adding to it, he said “Our employees have consistently demonstrated their passion and dedication by actively engaging in various community initiatives, volunteering their time and expertise to make a lasting difference. We take immense pride in our employees, whose efforts have transcended local boundaries, making a global impact and inspiring others to join our cause. Their dedication and passion have touched communities far and wide, serving as a catalyst for positive change.”

Hyderabad: Le Meridien Hyderabad is pleased to announce the appointment of Faiyaz Ansarias the Rooms Division Manager. A seasoned hotelier, Faiyaz will be responsible for room division operations and will be helping to scale up the property’s offerings for guests by creating a superior experience.

Faiyaz brings with him 20 years of extensive experience in the hospitality industry and a passion for delivering the highest standards of services. He attributes his success to meaningful collaborations with his team members, and his ability to develop strong guest relationships.

Faiyaz began his hospitality career in 2000 and has worked across various verticals in the hospitality segment. His last assignment was with DoubleTree by Hilton in Varanasi as the Rooms Division Manager.

Vaibhav Sagar, General Manager, Le Meridien Hyderabad, stated, “We are thrilled to have Faiyaz join our team. With his extensive expertise in the sector, he will offer a fresh perspective to the guest experience and implement strategies that deliver service to meet and exceed the needs and expectations of our guests.

Le Meridien Hyderabad is nestled in Gachibowli, the business hub of Hyderabad and is the most preferred option to stay for business as well as leisure guests.

Pune, 2nd June 2023 Little Elly, a renowned name in early childhood education, is excited to announce the opening of two new preschool centers in Pune, catering to the vibrant suburbs of Balewadi and Wagholi. These strategic locations in the west region of Pune further strengthen Little Elly’s commitment to providing high-quality education and nurturing young minds in areas known for their modern living and excellent amenities.

The newly inaugurated centers are strategically located in Belawadi and Wagholi, making it a convenient locations for parents. These centers will cater to the educational needs of children aged 1 to 6 years, fostering their cognitive, emotional, and physical development in a safe and engaging environment.

Mr. Vittal Bhandary, Co-Founder and CEO, Little Elly Preschools,”We are thrilled to bring Little Elly’s exceptional educational experience to the thriving suburbs of Balewadi and Wagholi. These locations offer a perfect blend of modern living, accessibility, and essential amenities, making them ideal for families seeking the best education for their children. We look forward to becoming an integral part of these communities and making a positive impact on young minds.”

With two new branches in Pune, Little Elly now operates over 150 preschools and other educational institutions nationwide, solidifying its commitment to delivering top-notch early childhood education across every region of India. Their unwavering dedication to empowering young minds and shaping a brighter future positions Little Elly Preschool as a leading force in preschool education throughout the country.

Little Elly Preschool’s meticulously crafted curriculum seamlessly integrates play-based learning, nurturing curiosity, creativity, and critical thinking abilities. With lively classrooms, well-appointed play areas, and dedicated indoor and outdoor spaces, Little Elly provides a conducive environment for children’s holistic development.

2nd June 2023, Bengaluru,  Indkal Technologies, today announced the launch of the new Google TVÔ lineup from Acer in India through a mega event in New Delhi where it revealed a wide product range across screen sizes, display technologies, and price segments. Among the products announced, the flagship O series with an OLED display and a 60-watt speaker system with large woofers really caught the eye. The OLEDs will be launched in two sizes, a 55-inch, and a 65-inch variant.

Among other eye-catching products, the launch also included a revolutionary affordable QLED range under the V series which will allow customers to enjoy an advanced QLED display at an affordable price which has generally remained at inaccessible price points to the masses in India. The pleasant surprise was the availability of a 32-inch entry QLED variant along with the regular 43-inch, 50-inch, and 55-inch variants.

The other products launched were the I and G series value segment products, which with the addition of some top-of-the-line features such as MEMC, Dolby Atmos and Vision, and UHD Upscaling, along with high-end brightness and contrast really compete with the premium products in other brands. However, the big highlight was the 16 GB internal memory on the 32-inch and the 40-inch variant of the I series models which is industry-leading and not yet seen in these sizes in any other brand.

Another refreshing aspect of the launch was the improved sound across all product ranges, with the I series sporting a new audio system with 30-watt speakers in 32-inch and 40-inch models; and 36-watt and 40-watt speakers in UHD models in sizes 43-inch, 50-inch, 55 inch, 65 inch, es and 75 inches.

The most significant improvement in the sound, however, was made to the flagship sound series, Acer’s popular H series range, which now has a 76-watt speaker system with improved bass and treble and a more immersive audio setup.

Google TV is also now available on the existing range of premium QLEDs, the W series, with the unique Anti-Glare Display, Wallpaper Design, Aural Sound, and Motion Sensors.

The entire new Google TV range from Acer features dual-band WiFi and 2-way Bluetooth 5.0, with HDMI 2.1 ports and USB 3.0, and Dolby Atmos as a major value addition to all UHD models across all six series. Indkal announced different timelines for the availability of the products at retail, with the I series becoming live for sale across channels on 6th June.

Today, on its 16th anniversary, CLAN announced Creativeland Studio’s acquisition of London-based Creators Inc – in a total deal value exceeding UK £3 million (three million pounds) to solidify its entry into international long and short content production and the expansion of CLAN’s global footprint aligned to its vision of building a global creative super ecosystem.

Further, Creativeland Asia Network (CLAN) has launched Creativeland Studios to focus on the growth of its long and short-format cinema and tv content offering – focussing on creating, producing and distributing high-end films, documentaries, television series and audio content.

With this acquisition, Creativeland Studios has consolidated ten active slates, including two titles in production and now will have over 50 titles in its pipeline.

Creators Inc. is a unique long and short format production house with a roster of directors that includes Oscar, Emmy & BAFTA-winning directors such as Guy Ritchie, Cary Joji Fukunaga, Sarah Gavron, Philip Barantini, Colin Tilley, Mark Osborne and many others.

Creators Inc., founded and led by Jani Guest, brings together award-winning industry specialists from advertising, film and television. Creators Inc. use various synergies across these industries to position themselves worldwide at the top of the production market across all formats.

On the back of this acquisition – Creativeland Asia Network has begun its successful foray into CLA’s creative, technology, marketing & media services ecosystem to the global market.

Sajan Raj Kurup’s vision for Creativeland Studios is to provide a platform for filmmakers and creators to express their vision and bring their ideas and unique stories to viewers. The acquisition of Creators Inc is a significant step in achieving that vision. With this new global acquisition – the possibilities are endless, and CLAN is ready to take on the entertainment world.

Sajan Raj Kurup, Founder & Chairman of CLAN, said, “At Creativeland Asia – we are on a passionate journey to create a formidable creative infrastructure for the new world where media, technology, creativity and humanity will come together to curate a more entertained life. The core strategic insight for this acquisition is to build on our ability to bring brands, content and talent together – through a consolidated platform. Today, more than ever before, we recognise that content plays a pivotal role in keeping us connected, informed and entertained.”

Jani Guest, Founder & CEO of Creators Inc, said, “Creators Inc. places its incredible directorial talent at the heart of the company. The partnership with Raj and CLA allows us to accelerate the development and production of stories – created by our talent – to entertain, move, and impact positive change. I could not have wished for a better partner as we move forward to achieve our shared visions and goals.”

Bengaluru, 2nd June 2023 Flipkart, India’s homegrown e-commerce marketplace, has announced its much-awaited ‘Big End of Season Sale’ event, which will bring close to 200,000 sellers and more than 10,000 + brands together to bring a wide selection of fashion, beauty and lifestyle products to millions of customers across India. Beginning 1st June 2023, the week-long event will give customers a differentiated shopping experience with the introduction of technology interventions such as Image Search, Video Catalog, Virtual Try-Ons, Video Commerce and Top Filters. Moreover, Flipkart has witnessed heightened interest on its digital-first brands. Fashion continues to witness a surge online, with Flipkart clocking millions of orders in the Spring Summer season alone, indicating a growing appetite for fashion. Fashion continues to be a top growth driver for Flipkart today, with over 40% of new customers coming in through this category. To effectively serve a growing customer base across the country who eagerly await the ‘Big End of Season Sale’ to access a wide range of fashion and lifestyle products, Flipkart sellers are supported by a robust Supply Chain that delivers to all serviceable pin codes PAN India. Flipkart continues to witness strong growth from emerging metros and T3+ regions for fashion. The End of Season sale will also extend its ‘buy now, pay later’ offer for its shoppers looking for easy accessibility options.

Speaking about the event, Abhishek Maloo, Senior Director, of Flipkart Fashion said, “At Flipkart, the ‘End of Season Sale’ is truly a festival for us and is an opportunity to bring joy to stakeholders across our ecosystem. Season after season, this event has received immense appreciation from customers across India, unlocking tremendous growth for the sellers and brands on our marketplace. It is our constant endeavor to provide an expansive range of the latest fashion apparel, footwear and accessories, made accessible by a seamless technology-led shopping experience. In addition to best-in-class launches, the vernacular interface facilitates our growth, and we are seeing an uptick in time spent browsing using our vernacular interface from customers across India. We look forward to bringing lakhs of sellers, brands and customers together once again as we drive to make this season a memorable one for everyone involved.”

In line with customer demand, the event is bringing together a wide variety of styles in casual wear, ethnic wear, formal and seasonal wear. This also includes footwear, accessories, men’s and women’s apparel, and kidswear. While the event is open for all Sellers and Brands to participate, some customer favorites this season include home-grown D2C brands such as Being Human, Cultsport, Urbanic, Hershienbox and Mokobara, Fubar, AAdi, Krassa, and The Kapas; ethnic wear brands such as Libas, Biba; and activewear brands including Nike, PUMA, Adidas, HRX, Fastrack. Brands including Peter England, Blackberrys, Arrow, and Woodland will also feature in the formalwear selection and Allen Solly, Jack and Jones and Crocs will feature in the kids’ wear section.

Customers can avail of various bank offers when making their fashion purchases during the Big End of Season Sale, such as:

Flat Rs.25 on minimum purchase of Rs.250 from Paytm UPI and Flat Rs.100 on minimum order of Rs.1000.

ICICI and SBI consumers can also benefit from the 10% Instant Discount coupons with a minimum order value of Rs. 500.

Head to Flipkart to explore more such offers.

Patna,2nd June 2023 Charminar, the most trusted roofing solutions and a major brand of HIL Limited, a flagship company, CK Birla Group, is organizing a series of roadshows in 11 high potential markets in Bihar to increase brand awareness amongst its core audience in the construction sector. The roadshow has been undertaken through a mathematical house-shaped van, designed with Charminar Roofing Sheets. The van will roam across multiple localities where a well-trained crew interacts with masons, fabricators, contractors, and prospective customers. This van will visit – Araria, Kishanganj, Madhepura, Saharsha, Banka, Bhagalpur, Jamui, Katihar, Lakhisarai, Munger, and Purina.

Mr.Rana Nag Bihar State Head at HIL Ltd said, “Owing to extreme weather conditions in the state of Bihar, roofing sheets are prone to damage during strong winds and storms. HIL’s Charminar roofing sheets are durable which makes them weatherproof as well as water leakage-proof. We are organizing these roadshows in Bihar to create awareness around and showcase the unmatched quality and durability of Charminar roofing solutions and help us connect with our customers in the region. We believe this initiative will create greater awareness and consideration for Charminar’s best-in-class, innovative products, and solutions among potential customers and partners.”

He added, “Bihar state is one of the growing markets for AC roofing sheets due to product affordability and rural penetration. HIL’sCharminar holds a strong distribution network across major districts and tehsils in Bihar.”

Charminar is committed to providing shelter in the affordable housing segment and industries. Charminar roofing sheets are specially designed for long durability with no maintenance cost. Their anti-corrosive feature makes them an ideal choice for roofing at high salinity areas and chemical factories. Their thermal insulation and sound insulation properties make them a perfect choice for residential, poultry, and animal husbandry farms.

As part of its commitment to enable people to live healthier lives, Nestlé Health Science collaborated with the GI Core Committee at Indian Association for Parenteral and Enteral Nutrition on World Digestive Health Day. Nestlé Health Science, a part of Nestlé India has roped in strategic partners, clinical research, and advanced education association to drive awareness on gut health management. The collaboration is aimed at providing education on possible solutions to gut issues and positively impact the confidence and lifestyle of those who suffer from it.

Through the collaboration, Nestlé Health Science reached out to more than 800 Healthcare Practitioners (HCPs) across 26 chapters of IAPEN. The Healthcare Practitioners were briefed on the role of Prebiotics & Immunonutrients in gut health along with probiotic supplementation, and Partially Hydrolyzed Guar Gum (PHGG) as a novel gut health solution. The educational session was led by Dr Biju Pottakkat, Associate Dean Research and Head, Surgical Gastroenterology, JIPMER and Dr Amit Goel, Professor & Head of Hepatology, SGPGIMS, Lucknow followed by Dr Jalil Benyacoub, Global Medical Affairs Lead, Nestlé Health Science, Chairman, ILSI Europe, PhD, University of Lausanne.

Dr Sreemathy Venkatraman, Clinical Dietitian & National Executive Committee member IAPEN India commented “Many patients are in need for a gut health solution that is not only effective but is also gentle on the body. Today’s engagement was to educate our colleagues how a combination of prebiotic and immunonutrients can help improve the gut health of any individual. We are happy to see reputed organizations in this space are trying to address a strong need gap.”

Mansi Khanna, Head, Nestlé Health Science commented, “We are proud to collaborate with a reputed body like IAPEN to drive awareness around a category that people are usually hesitant to talk about. At Nestlé Health Science India we strive to empower individuals with the power of nutrition to help them live healthier lives, including advanced innovative solutions. We recently launched Resource Fiber Choice, a unique gut health solution to address a key consumer need gap. It contains PHGG (Partially Hydrolyzed Guar Gum) which is a prebiotic dietary fiber that is proven to help relive constipation and improve gut health. It is also rich in immune nutrients, easy to consume and can be mixed in water or any beverage and food.”

Nestlé Health Science is a global leader in the space of nutritional science. It focuses on advancing the therapeutic role of nutrition to change the course of health management for consumers, patients, doctors, nurses, and its partners in healthcare. The key products include- RESOURCE High Protein, OPTIFAST and RESOURCE Diabetic, PEPTAMEN, RESOURCE Dialysis and Thicken Up Clear. Nestlé Health Science also has a dedicated team of clinical experts who engage with healthcare practitioners across India for awareness and education.

Mumbai,2nd June 2023 In a decisive step towards making its entire oncology product portfolio available in Saudi Arabia, Venus Remedies Ltd, a well-known provider of affordable cancer drugs worldwide, has secured a marketing authorization from the largest market in the Gulf Cooperation Council (GCC) region for Docetaxel, a widely used chemotherapy drug.

The development comes three months after the company received good manufacturing practices (GMP) certification from the Saudi Food and Drug Authority (SFDA) for all its production facilities at its unit in Baddi, Himachal Pradesh.

The demand for Docetaxel has been steadily increasing the world over with the rising incidence of breast, prostate, stomach and non-small cell lung cancers, for which this chemotherapy drug is used as a first line of treatment. Docetaxel-based treatment has particularly improved the survival rate among men in castration-sensitive prostate cancers. The $102-billion global Docetaxel market is projected to grow to $184 billion by year 2030 at a CAGR of 10.22%.

The marketing approval for Docetaxel from Saudi Arabia, a $7.8-billion pharmaceutical market (as in 2021) which is expected to grow to $13.1 billion by 2031 at a CAGR of 5.4 percent, signifies a major step in the global expansion strategy of Venus Remedies in the oncology space. Hailing the achievement, Saransh Chaudhary, President, Global Critical Care, Venus Remedies, said, “This approval will enable us to solidify our existing foothold in the GCC and Middle East and North Africa (MENA) regions by streamlining the registration process for our oncology drugs there, ultimately benefiting a large population in need of advanced cancer treatments.”

Venus Remedies is already a market leader for its key antibiotic products in Saudi Arabia, where it has nine marketing authorizations, including three in the oncology segment. “SFDA’s recognition of the efficacy, safety and quality of our oncology drugs is a testament to our unwavering commitment to excellence,” said Saransh.

Since Saudi Arabia also happens to be the leading country in the Gulf in terms of quality benchmarks, this approval is expected to pave the way for marketing authorizations from other countries in the GCC and MENA regions which consider SFDA as a reference authority. Expressing the company’s unwavering commitment to make a positive impact on global health by providing advanced oncology treatments, Venus Remedies Executive Director Akshansh Chaudhary said, “We are proud to offer a diverse portfolio of high-quality medications to extend our presence in key global markets.”

Venus Remedies has, of late, been rapidly consolidating its position in the oncology space. Its German subsidiary Venus Pharma GmbH secured a marketing authorization from the UK for the key chemotherapy drug Cisplatin only last month, thus expediting the process of registering its oncology products in many other countries which consider the UK as a reference point for fast-tracking registration. The company followed this up with marketing authorization for two more widely used cancer drugs from the Philippines, the second largest market in the ASEAN region, and Iraq, a sizeable market in the MENA zone.