Archives August 2024

New Delhi, 6th August 2024: Eicher Trucks & Buses, a business unit of VE Commercial Vehicles, has been setting benchmarks in providing a connected ecosystem to its customers through 100% connected vehicles supported by industry first uptime centre and first-of-its-kind next-generation fleet management app, My Eicher. Successfully serving, 1,15,000 customers across India, MyEicher now connects over 2,75,000 trucks and buses to Eicher’s Uptime Center.

With three key functions including enhanced fleet management support, superior uptime assistance, and smart fleet solutions, the award winning MyEicher app acts as a centralized platform for services addressing customer needs through their vehicle ownership journey. The key services include in-depth fleet health assessment, efficient fuel management, comprehensive fleet insights, superior aftermarket services and systematic trip management services.

Key Benefits of the App:

Fleet Tracking: The app offers comprehensive tracking features to enhance your vehicle management through three key feature including live tracking, tracing the past trips and geo fencing. Users can monitor their vehicle’s live location and track critical parameters such as the odometer, fuel levels, DEF, and fuel efficiency (FE). The app allows for the sharing of current and live locations of vehicles and provides a live vehicle cluster for real-time dashboard views. My Eicher users can create custom Point-of-Interests (POI) and routes relevant to their business operations. After creating POIs and routes, customers receive automated reports and insights about their trips with fuel efficiency, vehicle utilization and stoppage report.

Aftermarket service: Users can effortlessly book service, report breakdowns (automatically fetching the location for connected vehicles) and stay informed about the real-time status of their vehicle repairs.

Uptime Management: To ensure excellent fleet health, Eicher’s industry-first Uptime Centre tracks all the connected vehicles 24×7 to monitor driving conditions and vehicle health. Through its Artificial Intelligence (AI) and Machnie Learning (ML) powered predictive diagnostics service, Eicher experts can detect potential damage to the vehicle in its running conditions and alert customers through call and predictive uptime alerts via My Eicher App. Customers also receive information about the nature of the fault, recommended action (through videos & documents) and status of the support issue. They can view the live vehicle cluster in real time to track their vehicles’ health and performance.

Fuel Management: Fuel cost is the largest expense for any fleet operations. Hence, monitoring and optimizing fuel expenses is critical for every transport business. The Fuel Management feature of My Eicher allows customers to keep track of all fuel refill and drain (pilferage) events (if any) and any other adblue fill events for their fleet. Customers can get the time, location and quantity of all fuel added or drained for better transparency and reduced manual dependency.

Fleet Insights: Fleet Insights allows users to monitor more than 50 parameters across Vehicle Utilization, Fuel, Safety & Driving Behaviour. It offers actionable insights through which customers can analyze and benchmark the performance of their vehicles as well as the drivers. The insights further help in generating custom reports, comparing vehicle performance, scheduling email deliveries, and setting alerts for fuel, uptime and driving behaviour.

Connected EV services: To monitor the charging patterns and track EV vehicle performance, My Eicher has Charging Management module which contains Charging Summary, Charge & Discharge graphs along with reports consisting of EV parameters. The customers can also check CO2 emissions and equivalent diesel savings achieved by their EV vehicles.

Value added service: Value-added services include other services where the customers can exchange and buy used trucks via Eicher Sure as well as locating nearby touchpoints such as dealers, workshops etc. The Knowledge Center offers useful information regarding the vehicle, maintenance, etc.

Marketplace: Explore Smart Solutions such as Vehicle Immobilizer, AIS-140, School Bus Solution, GPS telematics for Pre BSVI vehicles, Mining Solutions and Reefervan. The Marketplace also lets the customer utilize Eicher e-Shoppe for parts and accessories.

In the Commercial Vehicle and Logistics industry, there is a common saying that earnings only happen when the vehicles wheels are turning. Recognizing the importance of Vehicle Uptime, Eicher Trucks and Buses was the first to introduce 100% connected range of trucks and buses in India. This was backed by an industry benchmark 24X7X365 Uptime Center supported by a network of Uptime Certified workshops. Today, 2,75,000 Eicher Trucks and Buses are monitored 24X7X364 and backed by close to 1000 service points and thousands of parts distribution outlets across the country.

06 August 2024, Sonipat: Sahil Rawat, Xth grade student of Orchids The International School, has once again made a presence on international turf by winning two medals at the recently concluded World Table Tennis Star Youth Contender which was in Lima, Peru. The young table tennis lad clinched Silver in the U-15 Boys Doubles and Bronze in Mixed Doubles during the competition.

The World Table Tennis (WTT) is the arm of the International Table Tennis Federation (ITTF), revolutionizing the sport since its inception in 2019. WTT events are considered highly prestigious in the table tennis world due to their rigorous competition standards and the platform they provide for emerging talents to compete alongside established stars.

Speaking on his achievement, Sahil Rawat said, “I’m overjoyed and proud to represent my country and win these two prestigious medals. My ultimate goal is to represent India at the Olympics, and I feel I’m on the right track to achieve that dream sooner than expected. The support from my coaches, family and Orchids school have been incredible, and I couldn’t have done it without them. I’m more motivated than ever to train harder and reach new heights in my sporting career.”

Romita Sharma, Principal, Orchids The International School, Sonipat, said, “It is with immense pride and joy that we celebrate Sahil’s outstanding achievements in table tennis. Winning two international medals is a remarkable testament to his dedication and perseverance. Sahil’s hard work has not only brought honor to himself but also to Orchids The International School, Sonipat campus. As he continues to excel both academically and athletically, may he always find inspiration in his achievements and strive for even greater heights. We are incredibly proud of Sahil’s accomplishments and look forward to witnessing his continued success.”

Dr. Madhuri Sagale, VP Academics-Sports, Orchids The International School, congratulated Sahil Rawat on his remarkable achievements at the WTT Star Youth Contender in Lima, Peru. Dr. Sagale mentioned, “Winning a Silver medal in the U-15 Boys Doubles and a Bronze medal in Mixed Doubles at such a prestigious event, where competitors from ten countries participated, is a testament to his skill, determination, and perseverance. Sahil’s journey, marked by brilliant victories through various competition levels, showcases his dedication and passion for table tennis. This success story highlights the importance of nurturing young talent through a robust sports curriculum and the constant support from our teachers and Principal. We are immensely proud of Sahil’s accomplishments and look forward to more milestones in his promising career.”

The WTT Star Youth Contender series is particularly significant as it serves as a crucial stepping stone for young players aiming to make their mark in the professional circuit. These tournaments offer valuable ranking points and international exposure, playing a vital role in shaping the future of table tennis. Sahil’s success at this event is not just a personal achievement but a testament to India’s growing prowess in the sport.

This prestigious WTT event saw participation from ten countries, making it a highly competitive tournament. Sahil has shown great skill and determination to go through various levels in the competition. His journey to Silver and Bronze medals included some brilliant victories at the 16 rounds, the quarterfinals against the USA, the semifinals against another Indian competitor, and a fiercely contested final against Puerto Rico.

This was not the first time that Sahil participated in an international-level competition. Starting his professional journey in 2021 from Dehradun, he has earned a very impressive count of ten National medals and four international medals to his name, constantly proving that he is remarkable at table tennis. The doubles competition had been structured into Main Draw, Pre-Quarterfinals, Quarterfinals, Semifinals, and the Finals.

Sahil started practising Table Tennis in 2017, and he has been trained under coaches namely Peter Nilson, Veer Saran, Manish Verma, and Halim. Currently, he is trained under Peter Nilson at PSPB Table Tennis Academy.

Orchids The International School has played an important role in Sahil’s development, providing a flexible schedule to accommodate his rigorous training regimen. He has expressed his deep gratitude for the unwavering support of his teachers and Principal.

Bengaluru, August 6, 2024: Omega Seiki Mobility, a pioneering force in the electric mobility sector in partnership with Exponent Energy, today announced the launch of Omega Seiki Mobility Stream City Qik electric 3-wheeler passenger vehicles (e-autos) in Bengaluru. The vehicles were delivered to auto drivers at a specially organised event in Bengaluru where both the companies flagged off the first batch of vehicles.

The Omega Seiki Mobility Stream City Qik is the world’s fastest charging passenger electric auto launched in April 2024, boasts a 15-minute full charge (from 0-100%) and is priced at Rs. 3,24,999/- (Ex-Showroom). The vehicle comes with an industry-leading battery warranty of 2,00,000 km and 5 years paving the way for better financing options and ease in ownership. The vehicle showcases a cutting-edge 8.8 kWh proprietary battery pack which facilitates an impressive ARAI certified range of 126 kilometres, eliminating concerns about range anxiety.

Uday Narang, Founder and Chairman of Omega Seiki Mobility, stated, “We are excited to launch OSM Stream City Qik passenger electric three-wheeler in Bengaluru, a city known for its vibrant energy and growing commitment to sustainability. This launch marks a significant step forward in our mission to revolutionize urban transport with eco-friendly solutions. Our vehicle is designed to meet the city’s diverse transportation landscape while significantly reducing emissions and operating costs, reinforcing the city’s position as a leader in green innovation. The vehicle’s launch signals a revolutionary change for drivers, increasing their earning potential by at least 30%. Essentially, this will transform drivers’ lives and serve as a catalyst for economic empowerment.”

OSM Stream City Qik powered by Exponent marks a major change for the 3-wheeler passenger vehicle drivers with its 15-minute rapid charging capabilities. Drivers can reduce their charging time between trips, have the freedom to travel anywhere in the city with the exponent charging network, cover more kilometers, earn more, and contribute to a cleaner environment. The vehicle is currently available for sale at Omega Seiki Mobility’s sophisticated dealership facilities in Banashankari and Jayanagar.

Commenting on the occasion, Arun Vinayak, CEO and Co-founder, Exponent Energy, said, “As we celebrate the launch of OSM Stream City Qik in Bengaluru and handover the first batch to customers, the excitement within our team is immense. This vehicle, powered by exponent’s battery technology and our charging network, delivers unlimited freedom and empowers auto drivers to drive whenever, and wherever they want. It unlocks unlimited earnings and puts power rightfully in the drivers hands to break free from CNG queues and CNG prices. Compared to CNG, drivers can earn an additional INR 60,000 annually with the OSM Stream City Qik, all while making our cities greener and cleaner. This aligns with our vision of making all of India go electric by delivering freedom & financial empowerment.

Exponent’s 15-minute full charge technology combined with 2 lakh km battery warranty, and widespread charging network will help drive adoption of the OSM Stream City Qik. Both OSM and Exponent, being pioneering players in the EV industry, are dedicated towards fostering progress in the segment and shaping the evolution of mobility through collaboration and innovation.

 August 06, 2024: UPES and Bajaj Auto Limited entered into a partnership to train engineering students – graduates, and diploma holders – in emerging 21st century technologies. Under this partnership, Bajaj Auto will set up an advanced Bajaj Engineering Skills Training (BEST) Centre at UPES as part of their CSR commitment.

BEST is the flagship CSR initiative of Bajaj Auto Ltd. that aims to empower engineers from tier 2, and tier 3 engineering and diploma colleges by setting up state-of-the-art labs in collaboration with top universities in India. With world-class infrastructure, these state-of-the-art centres will also offer a platform for learners to gain in-depth knowledge, skills, and hands-on experience that are needed to stay relevant and competent in today’s ever-evolving industry.

This joint effort will offer two full-time training programs: one for diploma engineers and another for graduate engineers. UPES will host both programs on campus and invite students from various engineering and diploma colleges across Uttarakhand and other parts of the country. The BEST program will provide training in Mechatronics, Motion Control and Sensor Technology, Robotics and Automation, and Industry 4.0 and Smart Manufacturing. The curriculum is tailored to meet industry demands and aims to bridge the current skill gap in the manufacturing industry.

Additionally, the BEST programme will support young learners from economically-weaker sections to enhance employment opportunities.

“At UPES, our commitment to providing quality education and preparing students for the industry remains unwavering. This partnership marks a significant milestone in our mission to empower students with the skills and insights essential for innovation and problem-solving. Our meticulously designed programs immerse students in cutting-edge technologies, enabling them to master the tools that will shape the future,” stated Dr. Ram Sharma, Vice Chancellor, UPES.

“Through our BEST program, we aim to strengthen India’s skilling ecosystem and empower the youth, providing them with the knowledge they need to succeed in this dynamic and competitive environment. We are thrilled to partner with UPES and excited to see young aspiring engineers unlocking their potential,” said Sudhakar Gudipati, VP, CSR, Bajaj Auto Ltd.

As a future-focused university, UPES is committed to fostering innovation and equipping students with a comprehensive skill set to empower them for a better tomorrow. Recently, UPES’ startup incubator – Runway also secured a grant from the Department of Science and Technology (DST) for the establishment and operation of an inclusive technology business incubator (i-TBI).

Bangalore, 06th August, 2024 – In the wake of devastating floods and landslides that have swept through the Wayanad district of Kerala, the Karnataka-based Akshaya Patra Foundation has initiated a major relief operation to support the affected communities. This collaborative effort highlights the government’s commitment to social welfare and ensures that immediate aid reaches those in desperate need.

The Foundation has already distributed 1,000 grocery kits in the flood-ravaged areas and is preparing to deliver an additional 9,000 kits in the coming days. Each kit contains essentials such as boiled rice, atta chakki, desi chana, edible oil, sambar powder, turmeric powder, sugar, salt, biscuits, and ORS packets. These kits are calculated to provide 42 nutritious meals, sustaining a family of three for up to a week, underscoring the Foundation’s and the Government’s joint efforts to address food security amidst crisis.

St. Joseph’s Convent School, Kalpetta, has become the hub of these operations, with the distribution being managed under the vigilant oversight of local authorities, including the Deputy Collector, ensuring the aid reaches those most in need efficiently and effectively.

Expanding its relief efforts, The Akshaya Patra Foundation is also exploring options to provide cooked meals, further bolstering support for the affected individuals. The team is hands-on in all aspects of logistics, from unloading supplies to the final distribution, affirming a seamless execution of this crucial initiative.

Sri Chanchalapathi Dasa, Vice-Chairman of The Akshaya Patra Foundation, said, “Amid these trying times, our resolve to aid afflicted families remains unwavering. With the substantial backing from the state government and the heartfelt contributions of our donors, we aim not just to meet immediate needs but also to instill hope in those facing these dire circumstances,”

The Akshaya Patra Foundation is committed to leveraging its vast kitchen infrastructure and national volunteer network to deliver food assistance and humanitarian aid across disaster-stricken regions in India. Through ongoing collaborations with state and central governments, the foundation is poised to augment its capabilities to meet the urgent needs of affected communities with effective relief and recovery efforts.

Mumbai, August 06, 2024: Refex Industries Limited (RIL), a leading conglomerate in India, reported its financial results for the first quarter ending June 30th, 2024. The company has registered a 74.78% in revenue growth when compared to Q4 FY24.

The highlights of the Q1 FY25 results include quarter-on-quarter increase in revenue by Rs 252.27 crores from Q4 FY24 to Q1 FY25, year-on-year increase in EBITDA by Rs 8.74 crores from Q4 FY24 to Q1 FY25 and year-on-year increase in PBT by Rs 5.53 crores from Q4 FY24 to Q1 FY25.

The highlights of the Q1 FY25 results include year-on-year increase in revenue by Rs 208.28 crores from Q1 FY24 to Q1 FY25, year-on-year increase in EBITDA by Rs 15.67 crores from Q1 FY24 to Q1 FY25 and year-on-year increase in PBT by Rs 18.12 crores from Q1 FY24 to Q1 FY25.

Mr. Anil Jain, Managing Director, Refex Industries Limited, said, “The performance in April to June quarter for FY 2025 has improved from that of the same quarter last year (Q1 FY24), and also from that of the performance in the previous quarter (Q4 FY24). We are confident of further building on this performance in the coming quarters and are confident of delivering a strong year.”

Mumbai, India – 6th August 2024 – Technip Energies, a world leading engineering and technology company for the energy transition, has been recognized for their exceptional ‘Project Management Essential GLOCAL Approach’ program in the High Impact Hybrid Learning Program category. Their India Learning & Development (L&D) team has bagged the Silver Award at the prestigious ET HRWorld Future Skills Awards 2024. Ms. Judy Manjlekar, Director – People & Culture, Technip Energies India & APAC, received the award along with Ms. Dhanashri Kulkarni and Ms. Sayali Arora from the L&D India team.

Speaking on the occasion, Ms. Judy Manjlekar, Director – People & Culture, Technip Energies India & APAC, said, “This recognition underscores our achievement in fostering a unified understanding of project management, developing a strong pipeline of professionals and tracking significant behavioural changes. This proud milestone reaffirms our unwavering commitment to comprehensive employee development and excellence by integrating global best practices with local insights, thus enhancing our learning, and development initiatives.”

The ‘Project Management Essential GLOCAL Approach’ program has significantly helped in boosting learners’ confidence, accommodating their demanding roles, and empowering Technip Energies’ teams. The L&D program equipped employees with a unified framework for tackling complex initiatives by fostering a standard, shared understanding of project management across all business functions.

Tailored learning paths infusing the global program with local insights ensured that individuals acquired the desired skills needed to excel in their roles specific to complex projects. The program’s dynamic approach, combining live virtual, in-person, and online learning, catered to diverse learning styles and preferences, created an engaged learning group, all led by expert trainers. Participants engaged in practical application through hands-on projects and case studies, with continuous mentorship and support to ensure the effective implementation of new skills.

Technip Energies has always been fostering a culture of continuous learning and professional growth for its employees by offering a diverse range of opportunities to upskill and reskill.

Mumbai, 6th August 2024: Kia India, a leading premium carmaker, continues its growth momentum with 20,507 domestic dispatches in July 2024. The company registers 2.5% Y-O-Y growth compared to the 20,002 units sold in July 2023. The newly launched Sonet claimed the highest contribution to Kia India’s July 2024 sales with 9,459 units, followed by Carens and Seltos with 5,679 and 5347 units, respectively. As per Vahan, Kia India recorded a growth of 26% against the industry average of 9% in the month.

Kia India’s success extends beyond domestic sales, with a strong demand for ‘Make in India’ vehicles in international markets. The company exported 2,500 units in July ’24, with Seltos contributing 932. The Sonet and Carens contributed 740 and 833 units to Kia India’s overseas dispatches for the month.

Mr. Hardeep Singh Brar – Senior Vice President and National Head of Sales & Marketing, said, “We have registered a healthy Y-o-Y sales growth in July 2024, a good head-start for the Q3 and H2 of the year. This reflects the trust and love the customers have in Kia. The success of the newly launched Sonet and the overall performance of our diverse product range demonstrates our commitment to delivering high-quality, innovative, and customer-centric solutions. We are determined to maintain this momentum throughout the year, which should give us all confidence in our future success.”

Bengaluru, 6th August 2024: India Yamaha Motor (IYM) Pvt. Ltd., announced a significant achievement in their manufacturing history, celebrating the phenomenal success of the Made-in-India, Yamaha Ray ZR 125 Fi Hybrid, in the European Market. This scooter, renowned for its superior quality and cutting-edge features, has captivated consumers across several European markets. The model has witnessed outstanding sales performance in the market with around 13,400 units shipped between January to July period in 27 European countries, highlighting the scooter’s exceptional appeal and wider acceptance in these matured markets that are known for their stringent quality standards.

Making a mark in the European markets, also underlines the global quality standards that IYM is adhering to across its portfolio. The commitment and ability to deliver on all fronts, such as performance, safety, style and practicality, makes the Ray ZR 125 Fi Hybrid a preferred choice in matured markets, such as Europe, where quality truly matters. The consumers have recognized the efforts in delivering a well rounded product and the positive word of mouth has powered further acceptance in European markets including major countries like UK, Spain, France, Italy, Germany, Turkey, Switzerland, Greece and Portugal. IYM began exporting the Ray ZR models to 27 countries in Europe from January this year.

Speaking on the occasion, Mr. Eishin Chihana, Chairman, Yamaha Motor India Group of Companies, said, “It is indeed a moment of pride that the Made-in-India, Yamaha’s Ray ZR 125 Fi Hybrid is witnessing a phenomenal response in Europe. This feat speaks volumes of the superior quality this scooter embodies which is in line with the global trends. The remarkable sales growth of the model in this market, highlights our capability to meet and exceed high expectations, not only in India, but also in other mature markets, such as Europe. In addition, this milestone gives our effort to establish India as a manufacturing hub for Yamaha globally, a much needed boost. We are confident of carrying forward the same momentum and replicate this success in other matured markets.”

The Ray ZR 125 Fi Hybrid with its dynamic styling and powerful engine, has created a niche for itself among consumers since its inception. It offers a perfect blend of performance and efficiency, making it ideal for urban commuting. Its imposing stance, characterized by its aggressive design, bold colours, and superior performance, sets it apart from the rest and makes it stand out. This scooter is equipped with modern and advanced features, such as a digital instrumental cluster, front disk brakes with UBS, spacious under-seat storage compartment, making it for a comfortable and safe ride. The Yamaha Ray ZR 125 with its light weight, offers exceptional agility, better handling, pick-up, and fuel economy. In addition, it is compatible with E20 fuel, which reduces emissions and helps in cutting down pollution.

6th August 2024: In the aftermath of devastating floods that swept through Wayanad, Kerala, the Akshaya Patra Foundation, based in Karnataka, swiftly emerged as a beacon of hope and efficiency. Recognizing the urgent need for aid in this picturesque yet vulnerable region, the foundation mobilized its resources and expertise to provide critical assistance to affected communities.

Responding to the Crisis

Wayanad, nestled amidst the Western Ghats, faced unprecedented flooding that submerged homes, displaced families, and disrupted essential services. The Akshaya Patra Foundation, renowned for its humanitarian initiatives and effective disaster response strategies, wasted no time in coordinating relief efforts.

Coordination and Deployment

Utilizing its robust network and logistical capabilities, the foundation collaborated closely with local authorities, NGOs, and volunteers. This collaborative approach ensured that relief materials such as food packets, clean water, hygiene kits, and blankets were swiftly delivered to the worst-affected areas. The foundation’s efficient mobilization of resources played a crucial role in meeting the immediate needs of those stranded by the floods.

Empowering Local Communities

In addition to delivering essential supplies, the Akshaya Patra Foundation actively engaged with local communities to empower them in the recovery process. Volunteers assisted in debris clearance, set up temporary shelters, and provided medical aid to ensure the well-being of survivors. By involving local residents in relief efforts, the foundation fostered a sense of solidarity and resilience among those affected.

Ensuring Nutritional Security

At the heart of its relief operations, the foundation prioritized ensuring nutritional security for flood survivors. Drawing from its extensive experience in providing mid-day meals to schoolchildren across India, the foundation served hot meals to affected families. This initiative not only addressed hunger but also provided comfort and stability during a challenging time.

Long-term Rehabilitation

Recognizing the enduring impact of natural disasters, the Akshaya Patra Foundation initiated plans for rehabilitation and reconstruction in Wayanad. Collaborating with local stakeholders, the foundation strategized for rebuilding infrastructure, restoring livelihoods, and promoting sustainable development in the region. These efforts aimed to help communities recover and rebuild their lives in a resilient manner.

Public Support and Donor Engagement

The success of the Akshaya Patra Foundation’s relief efforts in Wayanad was significantly bolstered by generous contributions from donors and widespread public support. Transparent communication about their activities and impact built trust and encouraged continued support from individuals and organizations alike. This collective effort demonstrated the power of solidarity in times of crisis.

Partnership for Relief

In addition to floods, multiple landslides have devastated Punjri Matom, Mundakkai, Chooralmala, Attamala, Meppadi, and Kunhome villages in Wayanad, resulting in loss of life, livelihoods, property, and displacement. The situation is critical, and immediate assistance remains crucial. Responding to this urgent need, Deutsche Bank partnered with The Akshaya Patra Foundation to provide 10,000 grocery kits to 2,500 displaced families in Wayanad. Each kit contains essential supplies such as rice, flour, lentils, oil, spices, sugar, and biscuits, enough to sustain a family of four for a week.

How You Can Help

In these challenging times, every contribution counts. By donating and supporting our food relief efforts, you directly contribute to the survival and recovery of affected communities in Wayanad. Your support ensures timely and effective assistance, enabling families to rebuild their lives with dignity and hope.

Join the Mission

We urge you to join us in this critical mission to bring relief and rehabilitation to those in dire need. Together, we can make a profound difference in the lives of thousands of people.

In conclusion, the Akshaya Patra Foundation’s rapid response in Wayanad exemplifies the importance of efficient disaster management and community support in times of crisis. By focusing on immediate relief and long-term rehabilitation, the foundation not only alleviates suffering but also lays the groundwork for sustainable recovery and resilience in the affected region.