How Artificial Intelligence Is Helping Fend Off Cyberattacks

Intellectual property cyber security

Artificial Intelligence (AI) is the ability of technology to think and act similar to a human and is being utilized to help fight off potential cyberattacks. Employing AI and machine learning to detect vulnerabilities significantly enhances human capabilities, as AI can analyze and report millions of cyber threats in a fraction of the time it might take a person to do the same.

AI can get “smarter” and “learn”; as an AI algorithm continues to search and monitor data, it can improve its understanding of different types of potential attacks.

What is a Cyberattack?

You’ve probably heard a lot about cyberattacks and data breaches on the news lately, but what exactly is a cyberattack and why is it important to protect our data?

“In short, a cyberattack is a deliberate and often targeted attempt to mount an action via or against digital technology,” says IEEE Senior Member Steven Furnell. “In practice, cyberattacks can take many forms, but we tend to most commonly associate things like hacking and malware, and perhaps phishing. However, there is a far broader range of labels that can be used to reflect the specific approaches and motivations that may be involved.”

“After the attack, the computer or the network will be destroyed, exposed, modified or lose some functions,” adds IEEE Senior Member Guangjie Han. “And your personal information or important data will be acquired by someone else without authorization. Consider the potential benefit behind the data — that’s why these attacks exist.”

Junior hackers might only have an interest in stealing money, acquiring personal data, or merely for the joy of hurting others. More senior hackers have the potential to breach entire companies or governments.

How AI Prioritizes Security Needs

Once AI has effectively identified the potential risks and threats, the next step is to prioritize what gets addressed and in what order.

“Since AI-based detection systems usually work with certainty, they are useful not only to raise alerts when something seems to be wrong but also to give a score on how close a given event is from a cyberattack,” says IEEE Member Marcos Simplicio. “Events with higher scores can then be prioritized accordingly. For example, above a certain score, automated measures may be taken to stop the highly probable attack without any human intervention. Events with a lower score can then be forwarded to administrators for further analysis, and some events with low scores may be simply logged without any additional action, since handling them may not be worth the effort.”

Other Methods of Stopping Cyberattacks

AI and machine learning are not the only mechanisms used to prevent and fight off cyberattacks. A wide range of robust technologies protect our systems and help fend off severe breaches.

IEEE Senior Member Aiyappan Pillai explains that in addition to AI, cryptography, emerging quantum cryptography, analytics, IoT security, blockchain security, and hardware authentication technologies are also helping technologists keep our digital infrastructure secure.

Lastly, another way to prevent cyberattacks is continuing to educate users to stay away from suspicious activity. “It is important to remember that security is largely a matter related to processes and behaviours and therefore administrative, education and awareness processes play a key role in any well-designed security strategy,” stresses IEEE Senior Member Raul Coucher.

Malabar Group Launches Scholarships for 21,000 Girl Students, Strengthening Women Empowerment Vision

Mumbai, 30 September 2024: Malabar Group, a leading diversified Indian business conglomerate- the parent company of Malabar Gold & Diamonds, announced its National Scholarship Programme for 2024 at an event at Bharat Diamond Bourse, BKC, Mumbai. This announcement marks a significant milestone in the Group’s flagship CSR initiative, the Malabar National Scholarship Programme, which underscores its commitment to supporting girls’ education. The event was inaugurated by Shri Piyush Goyal, Honourable Minister of Commerce & Industry. The Group’s top leadership, including MP Ahammed, (Chairman – Malabar Group), Asher O (MD – India operations – Malabar Group, Abdul Salam K P (Vice-Chairman – Malabar Group), Nishad AK (Executive Director, Malabar Group) and Shaunak Parikh (Director, Mahendra Brothers) were also present at the event. This year, the scholarship programme has allocated ₹16 crore to support the education of over 21,000 girl students across India.

Malabar Group- The National Scholarship Programme 2024

Speaking about the initiative, MP Ahammed, Chairman, Malabar Group, said, “Education is the most powerful tool to change the world. Our scholarship programme is a direct reflection of Malabar Group’s deep-rooted belief that education unlocks opportunities and transforms lives. We are committed to removing barriers for young girls so they can fulfil their educational aspirations and contribute meaningfully to society.”

Since its inception, Malabar Group has demonstrated a strong commitment to inclusive growth through its social welfare activities. In 1999, the Malabar Charitable Trust (MCT) was created to structure and expand these efforts. The group allocates 5% of its profits to CSR initiatives, which span education, healthcare, environmental sustainability, and poverty alleviation, with a particular focus on empowering marginalized communities.

The Malabar National Scholarship Programme, launched in 2007, stands as a flagship initiative under its CSR framework. To date, over ₹60 crore has been invested in the programme, providing financial aid to more than 95,000 girl students across India. By focusing on girls’ education, Malabar Group aims to uplift not just individuals but entire communities, ensuring future generations are equipped with the tools for social and economic progress.

In addition to the scholarship program, the Malabar Group’s Hunger-Free World Project provides nutritious meals to the underprivileged across the country. Supported by a strong network of volunteers and partnerships with local NGOs, the initiative is committed to eradicating hunger and ensuring food security for all. Currently, 50,000 food packets are distributed daily in 80 cities across 16 states in India. Additionally, 10,000 food packets are provided every day to school students in Zambia. Malabar Group aims to scale the project to serve 100,000 people daily at 200 centers. The Hunger-Free World Project is being implemented in collaboration with the Thanal, a voluntary organization, which is active in social service.

The Malabar Group has also launched the Grandma Home project, which provides free, fully equipped accommodation for destitute women, offering them protection and care. Currently, homes are operational in Bengaluru and Hyderabad, with plans to expand to major cities in Kerala, as well as Chennai, Kolkata, Delhi, and Mumbai.

The Group’s CSR initiatives aimed at uplifting marginalized communities include medical aid for the underprivileged, support for housing construction, and financial assistance for the marriages of women in need. To date, the Malabar Group has invested over ₹263 crore in various social responsibility projects, reflecting its commitment to sustainable development.

Malabar Group’s continued focus on impactful initiatives such as education and hunger relief exemplifies the company’s belief that sustainable growth is only possible when communities are empowered and supported in every way possible. This dedication will remain at the heart of all future endeavours as the Group continues to expand both its business and social responsibilities.

Simplify Global Travel with PNB Multi-Currency World Travel Card

 

New Delhi, 30 September 2024: On this World Tourism Day, Punjab National Bank (PNB), nation’s leading public sector bank, is encouraging its customers to explore the diverse landscapes and cultures that the world has to offer without the worry of currency management. Whether it is the bustling streets of New York, the romantic canals of Venice, the royal landmarks of London, the futuristic skyline of Dubai, the fresh mountain air of the Canadian Rockies, or the vibrant markets of Chinatown, travellers can now explore these destinations hassle-free through PNB Multi-Currency World Travel Card. This prepaid card offers globetrotters and business travellers a secure, convenient, and flexible way to manage their finances, especially managing multiple foreign currencies and exchange rates, abroad.

One Card, Multiple Currencies

The PNB Multi-Currency World Travel Card can be loaded with six major foreign currencies: US Dollar (USD), Euro (EUR), British Pound Sterling (GBP), UAE Dirham (AED), Canadian Dollar (CAD), and Singapore Dollar (SGD). This card allows customers to seamlessly carry and switch between multiple currencies on one single card, eliminating the need or hassle of managing several cards when visiting different destinations.

Lock in Exchange Rates

One of the biggest inconveniences of international travel is the constant fluctuation of currency exchange rates. PNB Multi-Currency World Travel Card helps in locking the exchange rate when loading the card with one or more than one currency, ensuring customers can travel and spend easily.

Global Acceptance

PNB Multi-Currency World Travel Card can be used at ATMs, POS terminals, and for online transactions securely and conveniently worldwide except in India, Nepal and Bhutan. Customers can make payments seamlessly across countries, withdraw cash in local currencies when needed, and enjoy the convenience of contactless payments.

Enhanced Security Features

Available on Mastercard network, PNB Multi-Currency World Travel Card is equipped with advanced security features including 3D Secure and Chip-and-PIN technology and real-time transaction alerts. This card is also accessible anytime, anywhere via PNB’s web-based customer portal, allowing users to monitor spending, reset ATM PINs, block the card, and manage their travel finances effortlessly.

Insurance Coverage

To ensure maximum protection, PNB Multi-Currency World Travel Card comes with insurance coverage for losses up to Rs 3.50 lakhs in the event of theft or misuse.

PNB Multi-Currency World Travel Card can be availed by any Indian Resident with a valid Visa, Passport and PAN Card. With a validity of five years and zero balance maintenance, this card is a perfect companion for a short business visit, long holiday or multiple trips across various countries.

FTCCI and ITCHA Thank GST Chief Commissioner for Support in Resolving Industry Grievances

Hyderabad, September 30, 2024: The Federation of Telangana Chambers of Commerce and Industries (FTCCI) delegation led by its president Suresh Singhal and the Information Technology Corridor Hostels Association (ITCHA) by P. Amarnath Reddy, President of the Information Technology Corridor Hostels Association (ITCHA) together with GST Committees Chairman, CA. Mohd. Irshad Ahmed and members of both organisations met Shri. Sandeep Prakash, IRS, Chief Commissioner of Hyderabad GST & Customs Zone today at his office.

FTCCI

They thanked him for the support extended in taking forward the grievances of the industry members, particularly on the exemption granted for accommodation services up to Rs. 20,000/- per month per person staying in P.G. Accommodations and Private Hostels.

GST Council granted an exemption for hostel fees. ITCHA has 3000 members, mostly hostels and PG (Paying Guest) Accommodation in and around IT Corridor in the city. This exemption will benefit 3.5 to 4 lakh students, working class staying in those hostels.

Members of the FTCCI and ITCHA stated that this will be a significant relief as the accommodation services are available mostly by the students and working class who stay in the hostels either for their studies or for work. This relief will particularly help in reducing the burden of GST on such a class of persons. This will also ease the burden of tax compliance on the hostel owners who are mostly small and medium scale entrepreneurs.

The tri-city of Hyderabad, Secunderabad and Cyberabad has well over 9000 to 10000 Hostels and PGs (identified and well-to-do accommodations only) and nearly 10 lakh people mostly students, fresh workforce, and people who work in malls etc stay in those accommodations. There used to be two slabs of 12 and 18% taxes and there used to be a lot of confusion. It used to be a big financial burden on the people staying in those accommodations as well as the compliance burden on the people who run the hostel.

Though thousands of hostels and PG accommodations exist in bigger cities like New Delhi, Mumbai, Bangalore and Chennai, no city like Hyderabad has a strong association like ITCHA. No other city in India can boast of a strong association as strong as ITCHA. It has three thousand members across the IT corridor.

EIILM-Kolkata Launches EKCLE: A Global Hub for Ethical Leadership

Kolkata, 30th September 2024: EIILM-Kolkata, a leading Indian business school, officially launched its Centre for Leadership & Ethics (EKCLE) on Friday, 27th September 2024, at HHI, Kolkata. The launch represents a key milestone in the institute’s efforts to offer globally focused management education. The event featured the signing of a Memorandum of Understanding (MoU) with SEGi University, Malaysia, and included discussions on EKCLE’s vision and upcoming international collaborations. Agreements have already been inked with AICPA & CIMA, upGrad and the University of South Florida, USA for diverse course programmes at undergraduate and postgraduate levels. These courses were launched at the event as well. Prominent dignitaries, including Ms. Stella Lau Kah Wai, Managing Director–Group Operations, Globalisation & Digitalisation of SEGi University, Malaysia; Prof. (Dr.) Srikumar Chakravarthi, Deputy Vice Chancellor (Academic Affairs) & Head of Innovation & New Revenues, SEGi University, Malaysia; Ajay Lalwani, Country Manager of AICPA & CIMA, India; Ms. Tasneem Kapasi, National Manager, Markets, AICPA & CIMA, India; Mr. Sumit Sharma, Director, upGrad; Prof. (Dr.) Rama Prosad Banerjee, Chairman & Director, EIILM-Kolkata and Mr. S.K. Dutt, Principal Advisor & Mentor, EIILM-Kolkata attended the ceremony, highlighting the centre’s emphasis on building global partnerships.

MoU signing of EIILM-Kolkata with SEGi University, Malaysia

EIILM-Kolkata’s Chairman and Director, Prof. (Dr.) Rama Prosad Banerjee, an edupreneur, senior academician and leader of Vedic wisdom, envisioned EIILM-Kolkata Centre for Leadership & Ethics as not just a seat of management studies but more importantly, a place where the sharpest young minds of our society would learn to harmonise the intrinsic principles of life with the art and science of management.

The Centre for Leadership & Ethics (EKCLE) offers a range of programs in collaboration with top global institutions, including SEGi University, Malaysia, AICPA & CIMA, upGrad and the University of South Florida, USA. Located at the Infinity IT Lagoon in the Electronic Complex of Salt Lake, the centre combines traditional values with modern leadership skills, aiming to equip students with a global perspective while promoting ethical leadership. As part of its holistic educational approach, the centre introduces Mokshanandam: Centre for Blissful Life, focused on stress management. EKCLE offers undergraduate and postgraduate programs, Management Development Programs (MDPs), corporate training and global seminars, all with a strong emphasis on experiential learning and industry internships.

“It is said that leaders are born through heritage; the future leaders are going to be the prophet of the present and profit of the future, invariably embodying the past. EKCLE is poised to sensitise the intrinsic elements of leadership connecting that with the global past, focusing on the decades and centuries ahead”, said Prof. (Dr.) Rama Prosad Banerjee, Chairman & Director, EIILM-Kolkata.

EIILM-Kolkata Launches EKCLE, a Global Hub for Ethical Leadership and Industry Collaboration

Kolkata, 30th September 2024: EIILM-Kolkata, a leading Indian business school, officially launched its Centre for Leadership & Ethics (EKCLE) on Friday, 27th September 2024, at HHI, Kolkata. The launch represents a key milestone in the institute’s efforts to offer globally focused management education. The event featured the signing of a Memorandum of Understanding (MoU) with SEGi University, Malaysia, and included discussions on EKCLE’s vision and upcoming international collaborations. Agreements have already been inked with AICPA & CIMA, upGrad and the University of South Florida, USA for diverse course programmes at undergraduate and postgraduate levels. These courses were launched at the event as well. Prominent dignitaries, including Ms. Stella Lau Kah Wai, Managing Director–Group Operations, Globalisation & Digitalisation of SEGi University, Malaysia; Prof. (Dr.) Srikumar Chakravarthi, Deputy Vice Chancellor (Academic Affairs) & Head of Innovation & New Revenues, SEGi University, Malaysia; Ajay Lalwani, Country Manager of AICPA & CIMA, India; Ms. Tasneem Kapasi, National Manager, Markets, AICPA & CIMA, India; Mr. Sumit Sharma, Director, upGrad; Prof. (Dr.) Rama Prosad Banerjee, Chairman & Director, EIILM-Kolkata and Mr. S.K. Dutt, Principal Advisor & Mentor, EIILM-Kolkata attended the ceremony, highlighting the centre’s emphasis on building global partnerships.

EIILM-Kolkata’s Chairman and Director, Prof. (Dr.) Rama Prosad Banerjee, an edupreneur, senior academician and leader of Vedic wisdom, envisioned EIILM-Kolkata Centre for Leadership & Ethics as not just a seat of management studies but more importantly, a place where the sharpest young minds of our society would learn to harmonise the intrinsic principles of life with the art and science of management.

The Centre for Leadership & Ethics (EKCLE) offers a range of programs in collaboration with top global institutions, including SEGi University, Malaysia, AICPA & CIMA, upGrad and the University of South Florida, USA. Located at the Infinity IT Lagoon in the Electronic Complex of Salt Lake, the centre combines traditional values with modern leadership skills, aiming to equip students with a global perspective while promoting ethical leadership. As part of its holistic educational approach, the centre introduces Mokshanandam: Centre for Blissful Life, focused on stress management. EKCLE offers undergraduate and postgraduate programs, Management Development Programs (MDPs), corporate training and global seminars, all with a strong emphasis on experiential learning and industry internships.

“It is said that leaders are born through heritage; the future leaders are going to be the prophet of the present and profit of the future, invariably embodying the past. EKCLE is poised to sensitise the intrinsic elements of leadership connecting that with the global past, focusing on the decades and centuries ahead”, said Prof. (Dr.) Rama Prosad Banerjee, Chairman & Director, EIILM-Kolkata.

3 years, 600,000 Passengers, 450 Sailings: Cordelia Cruises Redefines Indian Cruising

Mumbai, September 30, 2024Cordelia Cruises, India’s premier cruise line, is thrilled to commemorate three years of delivering unforgettable experiences and exceptional services, redefining the cruising landscape in India. Operating the Empress, Cordelia has completed over 450 sailings, hosted more than 600,000 guests, delivered 2,500+ live shows, and called at 10 beautiful ports across the country and beyond.

Balle Balle Performance

Over the past three years, Cordelia Cruises has set new industry standards by offering an Indian-inspired cruising experience that goes beyond captivating destinations. Aboard the Empress, guests enjoy a vibrant mix of Bollywood-themed shows, live music, and rock climbing, alongside indulgent dining, lounges, and spa services. With family-friendly activities and world-class entertainment catered to diverse age groups, Cordelia Cruises has become the premier choice for travelers seeking relaxation and adventure on the high seas.

Since 2021, Cordelia Cruises has been the sole cruise line offering consistent voyages to Lakshadweep, facilitating Indian travelers’ discovery of this untouched paradise. In addition to providing a unique travel experience, Cordelia Cruises significantly contributes to the local economy through shore excursions at the island, fostering positive relationships with communities and boosting regional economic growth.

In just three years, Cordelia Cruises has transformed the once widely held notion that cruising was an exclusively Western, luxury experience. By creating a cruise landscape in India that is “built by Indians for Indians,” Cordelia has made luxury cruising more accessible and relatable for Indian travelers. Today, India has a trusted, home-grown luxury cruise operation, where guests not only explore breathtaking Indian and international destinations but also enjoy a world-class experience and varied entertainment options. Cordelia Cruises has firmly established itself as the preferred choice for Indian travelers seeking a seamless blend of comfort, adventure, and cultural relevance at sea.

Cordelia Cruises has been steadily expanding its horizons by expanding its fleet, destinations, and onboard offerings, while embracing technology and sustainable practices. Plans for longer cruises to destinations such as Southeast Asia, Australia, and Middle East are under consideration, with a possible 10-night Chennai to Singapore itinerary being explored for the coming year. Additionally, Cordelia is looking at increasing frequencies on key routes and introducing new domestic itineraries, including potential calls at Visakhapatnam and Puducherry, while continuing efforts to expand cruising options in Lakshadweep. All future plans are being carefully evaluated as we continue to enhance the cruising experience for our guests.

Jurgen Bailom, President and CEO of Waterways Leisure Tourism Pvt Ltd, Cordelia Cruises said “As we celebrate three remarkable years at Cordelia Cruises, I am filled with immense pride and gratitude. Our growth, and the overwhelming support from our guests and partners, are a testament to our mission of bringing world-class, uniquely Indian cruising experiences to life. This journey would not have been possible without the dedication of our team, the loyalty of our guests, and the support of our partners. Together, we are redefining what it means to cruise in India, and the future holds even more exciting opportunities for us all.”

The cruise line’s operations include a mix of weekend and weekday itineraries across both the western and eastern coastlines of the Indian subcontinent. As of August 2024, Cordelia Cruises offers sailings to various domestic and international destinations: Mumbai, Kochi, Goa, to Lakshadweep, and from Chenn­ai to Jaffna, Trincomalee, and Hambantota in Sri Lanka. Cordelia Cruises stands out for its one-of-a-kind itineraries which provide more than simply a journey but also an immersive cultural and environmental experience.

3 years, 600,000 Plus Passengers, 450 Plus Sailings: Cordelia Cruises Redefines Indian Cruising

Mumbai, September 30, 2024 – Cordelia Cruises, India’s premier cruise line, is thrilled to commemorate three years of delivering unforgettable experiences and exceptional services, redefining the cruising landscape in India. Operating the Empress, Cordelia has completed over 450 sailings, hosted more than 600,000 guests, delivered 2,500+ live shows, and called at 10 beautiful ports across the country and beyond.

Over the past three years, Cordelia Cruises has set new industry standards by offering an Indian-inspired cruising experience that goes beyond captivating destinations. Aboard the Empress, guests enjoy a vibrant mix of Bollywood-themed shows, live music, and rock climbing, alongside indulgent dining, lounges, and spa services. With family-friendly activities and world-class entertainment catered to diverse age groups, Cordelia Cruises has become the premier choice for travelers seeking relaxation and adventure on the high seas.

Since 2021, Cordelia Cruises has been the sole cruise line offering consistent voyages to Lakshadweep, facilitating Indian travelers’ discovery of this untouched paradise. In addition to providing a unique travel experience, Cordelia Cruises significantly contributes to the local economy through shore excursions at the island, fostering positive relationships with communities and boosting regional economic growth.

In just three years, Cordelia Cruises has transformed the once widely held notion that cruising was an exclusively Western, luxury experience. By creating a cruise landscape in India that is “built by Indians for Indians,” Cordelia has made luxury cruising more accessible and relatable for Indian travelers. Today, India has a trusted, home-grown luxury cruise operation, where guests not only explore breathtaking Indian and international destinations but also enjoy a world-class experience and varied entertainment options. Cordelia Cruises has firmly established itself as the preferred choice for Indian travelers seeking a seamless blend of comfort, adventure, and cultural relevance at sea.

Cordelia Cruises has been steadily expanding its horizons by expanding its fleet, destinations, and onboard offerings, while embracing technology and sustainable practices. Plans for longer cruises to destinations such as Southeast Asia, Australia, and Middle East are under consideration, with a possible 10-night Chennai to Singapore itinerary being explored for the coming year. Additionally, Cordelia is looking at increasing frequencies on key routes and introducing new domestic itineraries, including potential calls at Visakhapatnam and Puducherry, while continuing efforts to expand cruising options in Lakshadweep. All future plans are being carefully evaluated as we continue to enhance the cruising experience for our guests.

Jurgen Bailom, President and CEO of Waterways Leisure Tourism Pvt Ltd, Cordelia Cruises said “As we celebrate three remarkable years at Cordelia Cruises, I am filled with immense pride and gratitude. Our growth, and the overwhelming support from our guests and partners, are a testament to our mission of bringing world-class, uniquely Indian cruising experiences to life. This journey would not have been possible without the dedication of our team, the loyalty of our guests, and the support of our partners. Together, we are redefining what it means to cruise in India, and the future holds even more exciting opportunities for us all.”

The cruise line’s operations include a mix of weekend and weekday itineraries across both the western and eastern coastlines of the Indian subcontinent. As of August 2024, Cordelia Cruises offers sailings to various domestic and international destinations: Mumbai, Kochi, Goa, to Lakshadweep, and from Chenn­ai to Jaffna, Trincomalee, and Hambantota in Sri Lanka. Cordelia Cruises stands out for its one-of-a-kind itineraries which provide more than simply a journey but also an immersive cultural and environmental experience.

Cothas Coffee Celebrates 75 Years with New Brand Identity and Products, Aiming for INR1000 Crore Revenue

Bengaluru, India – September 30, 2024: Cothas Coffee, a household name in coffee completes 75 glorious years of serving the best filter coffee to coffee lovers across Karnataka and India. As a mark of completion of 75 years, the company unveiled a new brand identity and a few new products at a press conference today.

COTHAS COFFEE

The company unveiled updated packaging, redesigned store facades, and a refreshed logo, aiming to connect with both loyal customers and new markets. By enhancing its brand identity, Cothas Coffee seeks to stay competitive in a rapidly changing market while maintaining its commitment to quality and tradition.

The company also launched a few products like the instant coffee sachets of ₹2, ₹3 and ₹5 along with a few ranges of cold coffee. Cothas Coffee had entered into the instant coffee market a few months ago

Addressing the media on the occasion, Mr C K Sreenathan, Chairman & Managing Director of Cothas Coffee said, “Cothas Coffee has always been about delivering an exceptional coffee experience to our customers. Over the years, we have stayed true to our roots while evolving to meet modern tastes and preferences. As we celebrate 75 years, our goal is not just to honour our rich legacy but to continue innovating and expanding to new markets.”

Targets ₹ 1000 crore revenue

The company, which currently has an annual turnover of over ₹ 300 crore has set a revenue target of ₹ 1000 crore over the next 3 years.

Commenting on the growth plans, Mr. C S Nitin, Director Cothas Coffee remarked, “”Cothas Coffee is dedicated to achieving a Rs. 1000 crore revenue target by leveraging our passion for quality and commitment to excellence. To accomplish this, we are implementing a three-pronged strategy:

Expanding Global Footprint: We are rapidly expanding our network of company-owned exclusive outlets, with our first international outlet set to open in Dubai shortly.

Strengthening Domestic Presence: We are increasing our store count to 100 and strategically deploying more coffee vending machines across India to enhance accessibility and convenience.

Product Innovation and Diversification: We are continually launching new products like Instant coffee and exploring more innovative offerings to drive growth and meet evolving consumer preferences.”

Impressive Milestones and Manufacturing Excellence

Cothas Coffee serves a staggering 3 million cups of coffee daily, a testament to the brand’s enduring popularity. The company sources its coffee beans from Karnataka, carefully selecting the finest green beans that are then expertly blended to create six unique combinations. This ensures that every cup of Cothas Coffee is of the highest quality.

The company’s state-of-the-art manufacturing facility spans 1,00,000 square feet and features cutting-edge technology, including six German coffee roasters capable of processing 6 metric tons per hour and Probat Roller Grinders with a capacity of 4 metric tons per hour. The fully automated, computer-controlled production system guarantees consistency in every batch, maintaining Cothas Coffee’s high standards.

Optimised supply chain and logistics:

Cothas Coffee’s supply chain is a hallmark of efficiency, designed to streamline integrated planning, sourcing, production, storage, inventory management, and logistics. With a network of over 60 company-owned retail outlets strategically located across Karnataka, Tamil Nadu, Telangana, and Andhra Pradesh, as well as a prominent presence at Bengaluru International Airport’s T2 Arrivals, we guarantee 100% customer satisfaction.

Our dedicated fleet of vehicles, ranging from 3 to 10 metric tons, ensures timely deliveries to our retail locations and customers. A robust ERP system, coupled with certifications like BRC, USFDA, and Rainforest Alliance, reinforces our commitment to quality at every stage. Regular audits and stringent inventory management protocols further mitigate supply risks, ensuring a seamless and reliable supply chain.

Cothas Coffee offers a wide range of products to suit every coffee enthusiast:

• Filter coffee powders

• Roasted coffee beans

• Cold beverages, including cold coffee and milkshakes

• Drip coffee

• Decoctions

• Instant coffee

• Packaged snacks

Expanding Retail and B2B Services

With more than 60 outlets across South India, Cothas Coffee provides its customers with an authentic filter coffee experience. In the B2B sector, the company offers the Cothas Grande Filter Coffee Vending Machine and Bean-to-Cup Machines, delivering high-quality coffee solutions for workplaces. These machines, designed for minimal maintenance and superior yield, are suitable for a variety of environments, including start-ups, SMEs, hospitals, hotels and co-working spaces.

Cothas Coffee has established a presence in countries such as Canada, Australia, the USA, New Zealand, Singapore and the UAE. The company’s international reach continues to grow as it sets its sights on becoming a key player in global coffee markets.

Over the past 75 years, Cothas Coffee has evolved from a neighbourhood coffee store into a major brand, offering a wide variety of products, from traditional decoctions to roasted beans and cold coffee.

“Despite the competitive landscape and increasing operational costs, Cothas Coffee remains steadfast in its commitment to delivering exceptional quality and consistency. Our diversified business modules like distribution, retail stores, corporate vending solutions, grab-and-go outlets, and premium coffee shops, allows us to cater to a wide range of customer preferences and needs, from convenient on-the-go options to indulgent coffee experiences.” adds Mr. Nitin.

Magma HDI Concludes ‘Walkoholic’ Challenge on World Heart Day: Promoting Employee Wellness

New Delhi, September 30, 2024: On the occasion of World Heart DayMagma HDI proudly announces the conclusion of its ‘Walkoholic‘ challenge, celebrating employee commitment to wellness and emphasizing the role of physical activity in maintaining heart health.
Nearly 300 employees voluntarily participated in this month-long challenge to prioritize their well-being through daily walking goals. Participants were divided into 12 teams, collectively amassing an impressive number of steps, equivalent to 28,980 kilometres—roughly 7.8 trips from Kashmir to Kanyakumari.
The initiative, supported by technology partner Step Set Go, leveraged gamification and friendly competition to create a dynamic wellness community within the organization. Employees were able to track their progress, earn rewards, and compete in a fun, engaging way, with the challenge fostering camaraderie and teamwork.
Anilkumar Satyavarpu, CHRO, Magma HDI, said: “At Magma HDI, we believe that employee well-being is at the heart of a thriving organization. The Walkoholic Challenge was our way of encouraging a healthier lifestyle while fostering camaraderie and teamwork. Concluding the Walkoholic Challenge on World Heart Day was a perfect opportunity to spotlight the importance of heart health while celebrating the dedication of our employees. Acknowledging the winners today emphasizes our commitment to fostering a culture of wellness that goes beyond the workplace.”
Through the Walkoholic ChallengeMagma HDI reaffirms its dedication to fostering a culture of health and wellness. By encouraging employees to prioritize their physical well-being, the company continues to build a supportive and vibrant workplace, where wellness is not just a goal but a shared commitment.
 
About Magma HDI General Insurance:
Sanoti Properties LLP, an entity jointly held by Adar Poonawalla (90%) and Rising Sun Holdings Pvt Ltd (10%), holds 74.5% of the Company. With over 70 products across various categories, we have solutions to secure all major risks in the general insurance sphere. From retail products like Motor (Car, Two-wheeler, Commercial Vehicles, Tractors), Health, Personal Accident, and Home to commercial products like Fire, Engineering, Liability, and Marine, our wide array of covers coupled with high-quality and agile service delivery have been the pillars of our foundation.
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