Category business

Mumbai, 6th June 2023– Schneider Electric, the global leader in the digital transformation of energy management and automation, and ArcelorMittal Nippon Steel India (AM/NS India) – a joint venture between ArcelorMittal and Nippon Steel, two of the world’s leading steelmakers, today announced the signing of a Memorandum of Understanding (MoU) to develop a state-of-the-art smart campus at Ahmedabad, Gujarat.

The campus will be developed for New Age Makers Institute of Technology (NAMTECH), an ArcelorMittal Nippon Steel India’s education initiative aimed at delivering an integrated model of high-quality engineering and technical education, with special emphasis on manufacturing and sustainability. NAMTECH will start operating in an interim campus in the Research Park at IIT Gandhinagar from August 2023.

Commenting on the association, Deepak Sharma, Zone President-Greater India, MD & CEO, Schneider Electric India, said, “The MoU aims to transform the Smart Manufacturing and Sustainable Energy segment through professional training of young minds. This strategic partnership opens avenues for us to provide comprehensive training to young individuals from diverse backgrounds, equipping them with digital skills to thrive as proficient technicians and engineers. As part of the MoU, we will leverage our solutions to foster the development of digitally skilled technicians, empowering them to contribute effectively in a digitally-driven world. Together, we envision transforming the education sector and empowering the youth of India to become industry-ready professionals, poised to contribute to the nation’s growth and development.”

NAMTECH and Schneider Electric will collaborate to design and deliver short- and long-term academic programs, starting with a Professional Master’s Program in Smart Manufacturing and a Professional Technologist Program in Automation. They will also work in tandem on the design and delivery of a smart campus and several technical labs at the campus in Ahmedabad.

Commenting on the partnership, Mr. Dilip Oommen, Chief Executive Officer, ArcelorMittal Nippon Steel India (AM/NS INDIA) said, “This initiative reinforces our commitment to fostering innovation and equipping young people with essential skills and knowledge required to excel in the digital era of manufacturing. We are pleased to partner with Schneider Electric and look forward to drawing on their industry knowledge and expertise in designing cutting-edge training labs and smart campus for the upcoming NAMTECH institute. Together, we aim to provide the necessary skills to the next generation of manufacturing leaders to help shape a sustainable future for India.”

The partnership will also work to launch programs in the areas of academic and capability development to ensure the delivery of student services, such as providing industry experts as faculty members, organizing industry visits, and creating internship and employment opportunities for students in India and abroad.

Manav Rachna International Institute of Research and Studies has been recognized for its global sustainable initiatives by The Times Higher Education Impact Rankings 2023.

The Times Higher Education Impact Rankings are the only global performance tables that assess universities against the United Nations’ Sustainable Development Goals (SDGs). The assessment provides a comprehensive and balanced comparison across four broad areas: research, stewardship, outreach, and teaching.

In the 2023 rankings, a total of 1591 universities have been assessed from 112 countries across the globe.

MRIIRS has ranked 1st in NCR/Haryana, 9th in India, and has been placed amongst the top 200 global institutions (band 101-200) for its contributions towards SDG 6 (Clean Water and Sanitation).

In SDG 2 (Zero Hunger), MRIIRS has secured 1st rank in NCR/Haryana, 5th rank In India, and has been placed in the band 201-300 globally.

In SDG 3 (Good Health and Well Being), MRIIRS has ranked 2nd in NCR, 3rd in Haryana, 11th In India and has been placed in the band 401-600 globally.

In SDG 5 (Gender Equality), MRIIRS has ranked 3rd in NCR, 2nd in Haryana, 12th In India, and has been placed in the band 401-600 globally.

It is quite noteworthy that MRIIRS has also secured a glorious place in QS University Asia Rankings 2023 on the basis of the quality maintained in Academics, Faculty-Student Ratio, International Faculty Ratio, International Students Ratio, and International Research Network.

As an acknowledgment of the strong teaching-learning processes, MRIIRS has been rated QS 5 Star for TEACHING, EMPLOYABILITY, ACADEMIC DEVELOPMENT, FACILITIES, SOCIAL RESPONSIBILITY AND INCLUSIVENESS. The university has also been accorded a QS 4-Star rating for the Program Strength of its Computer Science and Engineering degree courses. The rating bestowed by QS is valid for a period of three years (upto July 2023).

Expressing his delight, Dr. Prashant Bhalla, President of, MREI shares, “The Times Higher Education Impact Rankings (2023) has clearly given the institution a new vision to proceed further. With the impressive step of change in the SDGs of the United Nations, it’s the unwavering commitment towards a better society, a better world.”

Dr. Amit Bhalla, Vice President, MREI, applauded the efforts of the institutions quoting, “What an exceptional performance by Manav Rachna at The Times Higher Education Impact Rankings (2023). The unwavering commitment towards the SDGs of the United Nations has brought the institution an insight and sense of progress, of how far the influence and symbol created the wave.”

“The unwavering commitment towards the SDGs of the United Nations has brought the institution an insight and sense of progress, of how far the influence and symbol created the wave”, said Dr. Sanjay Srivastava, VC, MRIIRS.

These rankings reflect the outstanding work and impact of exceptional research work, outreach activities, international exposure, global teaching standards and sustainability initiatives being carried out by ManavRachna in each of its step.

Chennai – Daimler India Commercial Vehicles (DICV), the wholly owned subsidiary of Daimler Truck AG (“Daimler Truck”) and the manufacturer of BharatBenz, India’s trusted truck and bus brand, announced its entry into the pre-owned commercial vehicle market under a new brand ‘BharatBenz Certified’. This new business initiative will undertake the refurbishment and sale of pre-owned BharatBenz trucks to Indian customers who have been aspiring to own a BharatBenz fleet.

Over the last 10 years, BharatBenz has established itself as a highly reputed truck and bus brand that is ahead of the curve in engineering, safety, reliability, performance and total cost of ownership. DICV’s high standard of product engineering and quality make BharatBenz vehicles exceedingly durable for delivering more mileage and a longer lifecycle than what the Indian customers are accustomed to. This makes the proposition of pre-owned BharatBenz vehicles compelling for aspiring customers.

Mr. Rajaram K – President, BharatBenz Marketing, Sales and Customer Service said “Our perpetual and thorough market research practice brought to our attention the aspiration of customers who would like to purchase pre-owned BharatBenz trucks. This need in the market gave birth to the idea of launching BharatBenz Certified – a company-steered pre-owned CV business initiative that will enable such customers to contact BharatBenz directly through our website or authorized dealerships, thereby eliminating the need of third party mediators. BharatBenz Certified will also be the catalyst for first-hand BharatBenz customers to upgrade their fleet to new BharatBenz vehicles which in turn creates an opportunity for customers aspiring to own safe and reliable pre-owned BharatBenz vehicles that will be as good as new after they are refurbished and restored by BharatBenz Certified.”

BharatBenz Certified will undertake the refurbishment of pre-owned BharatBenz vehicles with a rigorous 125-point quality check that will lead to a thorough technical check, repair and restoration of the vehicles. A detailed pre-delivery inspection (PDI) will be completed on the vehicles before dispatch. All used BharatBenz vehicles repaired and restored to a near showroom condition by ‘BharatBenz Certified’ will come with a warranty of 6 months. Customers will have the option of going for a new Annual Maintenance Contract (AMC) for their pre-owned BharatBenz trucks or even transfer the existing warranty and AMC from the previous owner.

While commercial trucks typically have a lifecycle of 5-6 years, BharatBenz trucks have proven that they can run tirelessly for millions of kilometers, only undergoing service at manufacturer-prescribed time intervals. This increases the lifespan of BharatBenz CVs way beyond 5-6 years which makes them a lucrative pre-owned proposition for customers who are keen to buy pre-owned BharatBenz vehicles, which, after being refurbished by BharatBenz Certified, would be as good as new with respect to reliability, performance, safety and total cost of ownership.

DICV also has a program called ‘BharatBenz Exchange’ that was launched with an objective to providing customers, who owned CVs made by other brands, to shift to BharatBenz. While BharatBenz Exchange has increased the sale of BharatBenz CVs in India since its launch in 2020, the newly introduced BharatBenz Certified complements BharatBenz Exchange in utilizing the longer lifecycle of BharatBenz CVs that customers can enjoy.

In the pilot phase, BharatBenz Certified will be available at Trident Trucking, Bengaluru and will be expanded quickly to all BharatBenz dealerships across the country.

New Delhi, 6th June 2023 Cutting-edge simulator technology promises to slash India’s military GHG emissions while enhancing training efficiency, notes TERI’s newly launched report titled ‘Supporting Armed Forces Efforts Towards Sustainability: Application of Simulators in Military Training’ at the event- “Accelerating Sustainable Training in the Armed Forces: A Simulator-Based Approach”. With shrinking swathes of land available for on-field training, simulators have presented themselves as not only a cost-effective option but one that largely retains training efficacy of army personnel while also providing significant GHG emission reduction due to defence operations.

Highlighting the success that simulators have seen in the defence sector globally due to their cost effectiveness and recently also due to their sustainability benefits, Dr Vibha Dhawan, Director General TERI noted, “By using simulators, we can minimize consumption of ammunition and fuel, therefore create a more sustainable future where armed forces can also be a key player,” at the report launch.

Stressing the aptness of the report being released on the World Environment Day and its comprehensive insights on the environmental and economic benefits of simulator-based training, Major General C S Mann, VSM, Additional Director General, Army Design Bureau in his Keynote Address underscored, “How the defence sector will be able to contribute to environmental conservation through the use of simulators is an innovative approach. We appreciate TERI through the release of this report in terms of bringing out this correlation between simulator-based training and the ways in which it can help mitigate the sector’s GHG emissions.”

Due to the high cost of ammunition of certain sophisticated weapon systems, there are restrictions imposed on their live firing for training. Nonetheless, it is imperative to train personnel on such systems for proficiency and familiarization. Simulators (such as the Anti-Aircraft Air Defence Simulator, or “3ADS”) address this gap, while also eliminating the release of toxic gases within the atmosphere. Building on this Mr Ashok Atluri, Managing Director, Zen Technologies said, “This study by TERI proves that simulators are cheaper, faster, much more sustainable, and a better way to train armed forces making their usage all the more sensible.”

While the current level of emissions from the defence sector may be low, given the preparedness required for future encounters, GHG emissions from defence operations globally are expected to reach 25% by 2050. Speaking at the launch Mr Souvik Bhattacharjya, Associate Director, TERI, stated, “Given that global emissions for the defence sector will rise considerably over the next couple of years, we believe that the increased adoption of simulated training will help the military assist India in achieving its climate commitments.” He emphasized that Zen Technologies commitment to accelerating sustainable practices in defence training aligns perfectly with TERI’s vision of a greener and more secure future. Harnessing the power of simulator-based training can significantly reduce carbon emissions while maintaining the highest standards of training efficiency in the armed forces.

Beyond assessing the relationship between simulator-based training, its efficacy in training army personnel and the reduction of the defence sector’s carbon footprint, the in-depth study conducted by TERI also aims to help the armed forces contribute to India’s national and international climate goals.

The report launch was followed by an expert-led panel discussion on ‘Forging a Pathway towards Sustainable Defence Training’ that discussed the sustainability impact defence sector can have as India walks the talk on its environmental goals and emission reduction.

New Delhi,6th June 2023 TAC Security, a San-Francisco-based global leader in vulnerability management, is pleased to announce that its Founder & CEO, Mr. Trishneet Arora, has been honored with the prestigious Great People Managers Award for the third consecutive year. The award recognizes Mr. Arora’s exceptional leadership skills, dedication, and commitment to fostering a positive work culture within the organization.

The Great People Managers Award is an esteemed recognition bestowed upon individuals who have demonstrated exemplary people management capabilities and have made significant contributions to the growth and development of their teams. The award highlights Mr. Arora’s remarkable ability to inspire and motivate his employees, driving them toward excellence in their respective roles.

Under Mr. Arora’s leadership, TAC Security has witnessed unprecedented success, achieving remarkable growth and establishing itself as a prominent player in the cybersecurity industry. His visionary approach has been instrumental in shaping the company’s strategy, driving innovation, and ensuring customer satisfaction.

Mr. Arora’s dedication to creating a supportive and nurturing work environment at TAC Security has been widely appreciated by his employees. Through his leadership, he has fostered a culture of collaboration, empowerment, and continuous learning, which has not only resulted in enhanced productivity but has also encouraged employees to reach their full potential.

Expressing his gratitude on receiving the award for the third consecutive time, Mr. Trishneet Arora said, “I am incredibly honored and humbled to be recognized as a Great People Manager for the third year in a row. This award is a testament to the hard work and dedication of every member of the TAC Security family. I firmly believe that an organization’s success lies in its people, and I am privileged to lead such a talented and motivated team.”

The Great People Managers Award serves as a testament to TAC Security’s commitment to cultivating a work environment that nurtures talent, encourages innovation, and promotes employee well-being. It reinforces the company’s position as a leading organization that values its employees and acknowledges the critical role they play in its success.

Bangalore, 6th June 2023 – GOVO, an emerging brand in the audio technology segment announces the launch of their latest product, the GOSURROUND 950 Soundbar, representing a cutting-edge addition to the world of audio technology. This remarkable soundbar redefines the way the world perceives home audio experience, elevating home entertainment to unparalleled levels of excellence. With its advanced features and sleek design, it sets an entirely new benchmark for indulging in movies, music, and gaming.

As per an industry report, the Indian consumer speaker market is set to experience a remarkable growth rate, with an expected compound annual growth rate (CAGR) of 9.38% by 2027. This surge is driven by the strong demand for audio devices in India, fuelled by notable enhancements and innovations while ensuring minimal cost increments. The GOVO GOSURROUND 950 Soundbar establishes an impressive benchmark with its elevated design, advanced sound quality, exceptional bass performance, and competitive pricing, catering to the discerning needs of consumers. This soundbar seamlessly integrates V5.0 wireless Bluetooth technology, enabling up to 30 feet of seamless connectivity and 5 x 2.25″ explosive drivers with a peak output of 260 watts.

Commenting on the launch of the GOVO GOSURROUND 950 Soundbar, Mr. Varun Poddar, Founder of GOVO said, “We are thrilled to introduce the all-new GOVO GOSURROUND 950 Soundbar, poised to redefine the landscape of home audio. This cutting-edge masterpiece combines impressive sound output, and a sleek aesthetic to deliver an audio experience like no other. With our unwavering dedication to superior audio quality and seamless connectivity options, we enhance the entertainment journey for our valued customers. The launch of the GOSURROUND 950 Soundbar exemplifies our commitment to providing exceptional audio solutions that cater to the evolving needs of our customers. This soundbar sets a new standard and redefines the very essence of home audio experience.”

Here are the salient features of the GOVO GOSURROUND 950 Soundbar

• 5.1 Channel: The soundbar can provide a theatre-like experience with its wireless and powerful 6.5″ subwoofer and DSP chipset
•  Multiple Connectivity: The soundbar facilitates seamless connectivity to a wide range of devices, effortlessly utilizing HDMI, AUX, USB, and OPT ports
•  Stylish Remote: With its sleek remote control, this soundbar empowers you to effortlessly manage your audio experience. The remote showcases 4 equalizer modes (Movie, News, Music, 3D), along with Bass and Treble controls, granting you full authority over your sound settings
•  Integrated Controls: The soundbar provides convenient control over pairing and music playback through its integrated buttons, ensuring a seamless and user-friendly experience
•  LED Display: The soundbar comes with a sleek and glossy premium finish, further enhanced by an LED display that facilitates effortless navigation
•  Wall Mountable: For hassle-free wall mounting, the soundbar includes a wall mount kit and a comprehensive step-by-step installation guide
•  Dynamic led lights: To give the Soundbar a stylish finish, a LED light runs from bottom to the sides to make it look more appealing

The GOVO GOSURROUND 950 Soundbar is priced at Rs. 24,999/- and can also be easily purchased from Amazon at an introductory limited-time price of just Rs. 9,499. This product comes with a one-year warranty and is available in the colour Black.

Bangalore,6th June 2023: In today’s digital world, mobile internet has become a crucial factor for one’s daily functioning – be it work or entertainment. With hybrid work culture, enormous content flowing, social chats & surfing, immersive gaming, etc., prepaid customers worry about data quota exhaustion. At the same time, the bottom of the pyramid users still struggle to access data for their basic needs and requirements.

To address this gap of data exhaustion and to democratize data access to all segments of the society, Vi, leading telecom service provider, has expanded its ‘Hero’ proposition with the launch of two new sachet unlimited night data packs, ‘Vi Chhota Hero Packs’.

The packs are designed to allow prepaid customers to binge all night from midnight to 6:00 a.m. at extremely affordable price points of Rs. 17 for one day, and Rs. 57 for 7 days. Vi’s endeavor is to be the preferred telecom provider for prepaid customers by providing an opportunity to the bottom of the pyramid users to experience unlimited data access through this unique proposition.

The packs are specially designed for segment of users such as college/hostel students and early jobbers who may not have access to broadband services but require high speed data at night for watching movies, streaming videos, listening to Music, playing games, surfing, chatting, working or studying. Vi customers can also use these packs to play Vi Games, enjoy latest movies and videos on Vi Movies & TV or listen to their favourite numbers on Vi Music on the Vi app.

Vi aims to help Indians thrive today and tomorrow by designing meaningful solutions that fulfil their needs and unlock endless possibilities. This differentiated offering is aimed to be a preferred prepaid telecom user.

Gurugram, 5th June 2023 GKB Opticals, the leading national optical retail chain with more than 60 years of legacy recently associated with “Carrera Prowl” and unveiled their latest array of products at Ambience Mall, Gurgaon, in the presence of Tiger Shroff. “Carrera Prowl” is a one-of-a-kind collaboration between the internationally popular lifestyle and sports eyewear brand, Carrera and Bollywood superstar Tiger Shroff’s popular lifestyle brand, Prowl. The latest array of products from the “Carrera Prowl” collection will add to the existing extensive product range of GKB Opticals and will showcase a versatile amalgamation of functionality, durability and premium- quality and will cater to customers who have a knack for fine eyewear that renders a statement look while being functionally relevant.

GKB Opticals features a wide range of internationally celebrated eyewear brands and thereby effortlessly captures the mind-space of fashion enthusiasts. Therefore, the addition of the “Carrera Prowl” collection will further accentuate the brand’s mission to cater to the fashion-forward population and deliver fine eyewear to them.

Ms. Priyanka Gupta, Director of Brands – GKB Opticals said, “After the successful launch of the Carrera Prowl collection in Mumbai and Kolkata, we are elated to unveil the collection in Gurgaon, in the presence of Tiger Shroff. As one of the retail partners of the Carrera Prowl collection, we have received immense love and appreciation for the sturdy range. We are glad that we are being able to extend our extensive product catalogue to our patrons across cities and make fashionable eyewear accessible to all. Alongside the luxury to premium eyewear brands which are already available in our stores, the Carrera Prowl collection widens the dimension, both in terms of product galore as well as customer demographics. The promising range offered by the collaboration between the two iconic brands i.e., Carrera and Prowl, seamlessly aligns with the aesthetics and functionality which GKB Opticals stands for.”

Gracing the launch event of the Carrera Prowl collection at GKB Opticals’ store at Ambience Mall, Gurgaon, Tiger Shroff commented, “I am glad to see the Carrera Prowl collection going places. As one of our retail partners, GKB Opticals has been ensuring that they leverage their nationwide presence and introduce the range to the fashion-forward customers across the cities. After receiving a lot of adulation and appreciation from the patrons at Mumbai and Kolkata, we are all set to present the contemporary yet sturdy collection to the Gurgaon folks.”

New Delhi, 5th June 2023: As the World prepares to commemorate World Environment Day on June 5, the World of Circular Economy (WOCE) is at the forefront of driving behavior change and advocating for sustainable practices that will pave the way for a net-zero future. Recognizing the pressing challenges posed by plastic pollution and carbon emissions, WOCE is committed to addressing these interconnected issues with urgency.

WOCE empowers individuals and organizations to actively contribute to the reduction of carbon emissions through innovative tools like the Carbon Book app for individuals and the Carbon Ledger platform for companies.

Plastic pollution remains a grave threat to our ecosystems, exacerbating the issue of carbon emissions throughout its lifecycle. In light of this, WOCE is dedicated to tackling both problems in tandem.

“As part of our ongoing efforts, WOCE is excited to announce the integration of a new feature into the Carbon Book app. Recognizing the need of the hour to combat plastic pollution, the app will soon incorporate a dedicated section under the Waste category, enabling users to take a stand against single-use plastics. This addition highlights our commitment to combating plastic pollution and creating a sustainable future,” said Anup Garg, Founder and Director of WOCE.

The theme of this year’s World Environment Day, “Beating Plastic Pollution,” resonates deeply with the mission of the World of Circular Economy. “We strive for a world where carbon emissions are minimized or neutralized, resources are optimized, and the planet thrives in harmony with human activities. Our vision centers on fostering responsible living by inspiring behavior change and providing practical solutions to individuals and businesses alike,” added Garg.

Together, we can forge a sustainable future where plastic pollution is defeated, and carbon emissions are significantly reduced. World of Circular Economy invites all individuals and organizations to join us in our mission and actively participate in shaping a better world.

“To actively contribute to reducing plastic pollution and carbon emissions, individuals can download the Carbon Book app for free. The app provides practical tools and information to support sustainable living choices. Join us today and make a difference!”, urges Garg.

New Delhi: 5th June 2023: Circularity is critical in the urban context of the Global South. Rapid urbanization in the region has led to significant challenges related to housing, transportation, and waste management. While many cities in the Global South are adopting sustainable urban planning approaches, waste management practices, and promoting recycling and composting to reduce the amount of waste sent to landfills, these practices are helping to promote inclusive economic growth and social progress.

International Council for Circular Economy hosted a roundtable at WCEF2023 on “Role of Global South in enabling a global circular transition” in Helsinki on 31 May’23.

The roundtable would be the first of its kind of initiative that was led by the South for supporting the global circular transition. The roundtable was attended by 25 key global leaders in Circular Economy. Discussions highlighted the unique combination of traditional knowledge and the latest technology that is helping the global south to make a significant transition to become circular.

Ms Shalini Goyal Bhalla, Managing Director of the International Council for Circular Economy chaired the roundtable with Mr Chris Whyte of the African Circular Economy Network and Petar Ostojic of CIEC. Ms Shalini highlighted the importance of collective action and collaboration towards inclusionary pathways to ‘net neutrality’. “Efforts rooted in and trimmed for the needs of Global South nations are urgent if we aim to create truly equitable and inclusive communities for a global circular transition”, said Ms. Bhalla.

Chris Whyte, Director, ACEN discussed how intra-regional trade, especially in developing Asia, dominates South–South trade. This region consistently accounted for approximately 75 percent of the trade between developing countries over the 1995–2015 period. “Interregional South–South trade has increased from 14.1 percent in 1995 to 20.1 percent in 2015”, said Chris.

Mr Juhani Damski, Permanent Secretary of the Ministry of the Environment of Finland said that traditional knowledge presents an opportunity for Global South to make a big leap to transform linear structure to more resilient, regenerative, and nature positive.

Ms. Astrid Schomaker, European Commission, Directorate -for Environment, EU Commission discussed the importance of Mission LiFE which has been initiated by our Hon’ble Prime Minister, Mr Narendra Modi. She also said that the EU should change its inward-looking approach.

Ms. Valerie Hickey, Global Director of Environment, Natural Resources and the Blue Economy, World Bank highlighted that the Circular economy is a way we accelerate and leapfrog the slow growth to pull the countries out of poverty.

The roundtable saw active participation from leaders across the globe who actively participated in the discussions and worked on modeling a futuristic approach for the global circular roadmap and approach to 2050.

A cooperation document between 7 organizations was signed. The collaboration will contribute to increased value creation in local and regional business and industry by providing companies with knowledge and expertise on circular economy and assistance in implementing new solutions on both a pilot scale and an industrial scale. The parties see that the activities can be complementary and will help to strengthen the interactions between the environments.

At the global level, the cooperation would help bridge the Global South and the Global North, breaking cultural and lifestyle barriers through solutions and best practices of mapping circular policies, economic incentives and business models. It also proposes joint planning with North and South partners for a global dialogue.