Toyota Kirloskar Motor Partners with Indian Bank to Offer Attractive Financing Scheme

Toyota

Bangalore, February 28, 2023: In its pursuit to enhance customer experience and enable easy ownership process, Toyota Kirloskar Motor (TKM) announced the signing of a Memorandum of Understanding (MOU) with Indian Bank, one of India’s leading nationalised banks, to offer exciting vehicle financing options to all.

The new tie-up will offer innovative solutions that match the evolving expectations of customers, with up to 90% on-road funding, with no processing fee, foreclosure, and part-payment charges. This development will now enable customers, especially in the rural and semi-urban markets, to access easier funding options to buy their favourite Toyota vehicle with ease. The tie-up that comes at a time when TKM is expanding its product portfolio with models like the Innova Hycross, Urban Cruiser Hyryder, New Innova Crysta and Hilux in addition to the existing models namely Fortuner and Legender, Toyota Glanza, Camry Hybrid and Vellfire, thus catering to customer requirements across the length and breadth of the country.

Elaborating on the tie-up, Mr. Atul Sood, Vice President, Sales and Strategic Marketing, Toyota Kirloskar Motor said, “We are delighted to join hands with Indian Bank in line with our commitment of providing an awesome Toyota experience to all our customers. The collaboration seeks to provide simpler financing options, hassle-free experience, and timely assistance to ensure a pleasant buying process. At TKM, our approach has always been to listen to the market needs and appropriately introduce products and services that offer an exceptional ownership experience to our customers. We believe that with this tie-up we will be able to further enhance our reach to all those customers who are keen to own a Toyota vehicle, while supporting them with financial value-added services.”

Speaking on the occasion Mr. Imran Amin Siddiqui, Executive Director, Retail Assets, Indian Bank said, “The association with Toyota Kirloskar Motor Private Limited will allow us to provide faster financing to a large number of our customers across the country. Indian Bank has a strong presence across the country. We are confident that our digital loan procedure, will provide customers who want to acquire a new Toyota vehicle for themselves and family, ease and comfort at its best. We are dedicated to make the auto finance process easier and provide an enhanced consumer experience both in terms of product and services.”

TKM always strives to improve customer experience throughout the purchase & ownership process by implementing timely and relevant schemes such as easy financing options. The company has always explored innovate tie-ups with leading financial institutes across the country. The offers go beyond purchase of just new vehicles to cover used cars as well as service packages thus creating an overall positive buying and ownership experience of Toyota cars.

Interested buyers can avail of the financing benefits across 567 TKM customer touchpoints across the country, coupled with 5700+ branches of Indian Bank.

Overview of TKM 

Equity participation  Toyota Motor Corporation (Japan) : 89%, Kirloskar Systems Limited (India) : 11% 
Number of employees  Approx. 6,000 
Land area  Approx. 432 acres (approx.1,700,000 m2) 
Building area  74,000 m2 
Total Installed Production capacity  Up to 3,10,000 units 

Overview of TKM 1st Plant: 

Established  October 1997 (start of production: December 1999) 
Location  Bidadi 
Products  Innova HyCross , Innova Crysta , Fortuner manufactured in India.  
Installed Production capacity  Up to 1,00,000 units 

Overview of TKM 2nd Plant: 

Start of Production  December 2010 
Location  On the site of Toyota Kirloskar Motor Private Limited, Bidadi 
Products  Toyota Camry Hybrid, Urban Cruiser Hyryder, Hilux 
Installed Production capacity  Up to 2,10,000 units 

 

 

H&M now opens at Vegas Mall, Delhi

H&M_Vegas

Delhi, 28-02-2023: Popular fashion and accessory shopping brand H&M organised a grand store opening at Delhi’s most popular entertainment destination Vegas Mall on 18th February. The H&M store is spread across the ground and first floor of Vegas Mall.

The H&M store will host its latest collections and new arrivals like Gathered-Sleeve Jackets, Parachute Trousers, Single-Breasted Jackets, Cigarette Trousers, Flared Tailored Trousers, Straight Trousers, Boucle Skirts, Bodycon Dresses, Oversized Seer Sucker Shirt, Sheer Ripped Tops, Tie-Belt Crepe Dress, Rib-Knit Tube Top, among several others. The new collection will also feature Jacquard-weave handbags, Ballet Pumps, Sandals, Sunglasses etc.

The H&M brand is the latest store opening at Vegas Mall, Delhi. Mr. Ravinder Choudhary, AVP, Vegas Mall, said, “We are happy to onboard H&M as one of the key brand attractions of the mall. The store was launched today and, as expected, saw great consumer participation, especially youngster crowds, as the spring season is all set to begin, and H&M colour prints are quite popular during this time of the year.”

Vegas Mall witnessed a spectacular celebration on the opening day of the H&M store, which included Exciting Flash Mobs, Photo-ops, and several other entertainment activities for crowd entertainment.

The H&M store was a massive crowd-pulling event as it was held at the weekend. Continuing on the same, Mr. Choudhary , opined, “The recent H&M store opening is a crucial step in presenting our customers with amazing shopping destination options and giving them a high-quality retail experience.” Vegas Mall is located in Dwarka Sector 14.”

New State Mobile’s February Update Brings “Lagna” – an All-new Map

New Delhi, February 28th 2023 – KRAFTON, Inc. has released its February Update for NEW STATE MOBILE, the popular battle royale game on iOS and Android, and Survivors have a whole new battleground to visit: LAGNA. This 4 square kilometer desert wasteland features mid-to-long range combat spaces surrounded by ridges. It’s a real sniper’s playground, with an unpredictable landscape where threats may be hiding anywhere. New cable cars provide a safer means of transportation, and LAGNA’s two new vehicles – Rex, a durable four-passenger pickup truck; and Acton, a speedy two-passenger quad bike – join four of NEW STATE’s staple rides.

Update 0.9.45 also introduces Survivor Pass Vol. 16, which features a new protagonist: Jenny Quick. Completing all story missions will allow players to equip Jenny’s customizable face skin for free. Upgrading to the Premium Pass will provide access to the Jenny Quick costume set.

Finally, NEW STATE MOBILE will also be receiving a lineup of balance and quality of life updates, including changes to screenshake, adjustments to endgame Blue Zone damage, and new tracking bullets for the Mk47 Mutant.

While a comprehensive breakdown of NEW STATE MOBILE’s February Update can be found HERE, see below for key highlights.

Welcome to LAGNA

  • A Sniper’s Paradise: Unpredictable is the name of the game with LAGNA’s 16 square kilometers of desert set to shake up NEW STATE MOBILE’s battle royale game, as rocky ridges peppered throughout the wide-open landscape create golden opportunities for medium- and long-range engagements.
  • Safe Travel: The LAGNA map replaces NEW STATE MOBILE’s trams, which provide safety and healing for players as they cross a map, with cable cars that better fit the desert setting.
  • Less-Safe Travel: Survivors looking for more of a manual form of transport will be excited to check out
  • LAGNA’s two new vehicles: The Rex, a sturdy, gas-powered four-passenger pickup truck; and the Acton, a two-passenger electric quad bike that can easily manage the desert’s steepest slopes. The two newcomers will be joined by a familiar cast of other NEW STATE MOBILE rides: Buggy, Vulture, Boat, and Aqua Rail

A New Friend: The arrival of Survivor Pass Vol. 16 introduces a new protagonist to the New State Mobile mix: Jenny Quick. For free and Premium players alike, completing Jenny’s newly added set of story missions will unlock a free face customization for her. Players who upgrade to the Premium Pass will also receive the New State Jenny Quick costume set, and a Premium Plus upgrade will unlock the first 15 levels of the Survivor Pass.

A Deadlier Endgame: Ever get the feeling that the Blue Zone is a bit too forgiving as matches creep toward their final minutes? Well, that’s about to change. With the launch of NEW STATE MOBILE Update 0.9.45, Blue Zone damage will be higher for Survivors who are further away from the safe zone.

A New Mutation: The Mk47 Mutant semiautomatic rifle is getting a nifty upgrade with the new C2 customization, which adds the ability to use tracking bullets. Hitting an enemy with a tracking bullet reveals their location to you and your squadmates for 10 seconds, even if they’re in cover. An Mk47 Mutant C2 also deals higher damage, but these benefits come with tradeoffs: The C2 customization can’t use the magazine slot, and it suffers from decreased recoil control.

For the latest information on NEW STATE MOBILE, please visit https://newstate.pubg.com/en or follow us on social media (Twitter / Instagram / Facebook / YouTube). For assets, please visit the KRAFTON Press Site.

Tata Communications and Oasis Smart SIM empowers SanCloud with scalable and secure CloudSIM TM

Mumbai, INDIA – 28 th February 2023 – Tata Communications, a global digital ecosystem enabler and Oasis Smart SIM, a subsidiary of Tata Communications International Pte., Ltd., today announce SanCloud will be powered by CloudSIM TM , a unique cloud-based embedded subscriber identity module (eSIM).

CloudSIM TM will enable SanCloud devices with remote controlling and monitoring capabilities for operational performance of industrial equipment and plants across manufacturing, supply chain, and automotive sectors. It will simplify deployment across fragmented supply chains and benefit enterprises globally.

Delivered through Tata Communications MOVE™ platform, CloudSIM TM provides on-demand cellular connectivity, more securely and more affordably than ever before. By delivering deviceintegrity and cloud provisioning CloudSIM TM technology on the cloud, Tata Communications along with Oasis Smart SIM help reduce costs and simplify designing. This changes the traditional way of delivering connectivity on-demand, which typically required additional SIMs, eSIMs, or iSIMs on the hardware platform, adding costs and complexities.

Marc Murphy, one of the Founders and Director of Software Engineering, SanCloud, said “SanCloud is excited about integrating Tata Communications MOVE TM and CloudSIM TM services into our mobile wireless devices. This gives us the flexibility to dynamically change the subscription model in our IoT devices without having to send an engineer to site to swap a SIM. This is a significant cost saving.”

“As products get more intelligent and revenue models become increasingly usage-based, con nected devices need to be flexible, intelligent and secure – all at once. CloudSIM TM and Tata Communications MOVE™ are enabling this transformation,” said Avneesh Prakash, Vice President, Mobility, Tata Communications. “This will be a game changer in the industry, offering a new approach to empower IoT device and equipment manufacturers. We’re excited to enable

SanCloud and enhance user experience and reduce operational costs of their products and solutions.”

Olivier Leroux, CEO, Oasis Smart SIM added, “With CloudSIM TM , any product can have a zero- touch secure integration. We designed this program to offer an innovative approach, as CloudSIM TM complements existing permanent connectivity by enabling on-demand connectivity anytime anywhere. CloudSIM TM is a game changer that simplifies IoT and provides a solution allowing deployments to scale. We are thrilled to demonstrate this new capability at Mobile World Congress 2023 with Tata Communications.”

RBL Bank collaborates with India Exim Bank for Trade Finance

RBL Bank

Mumbai, February 28th, 2023: RBL Bank and Export-Import Bank of India (India Exim Bank), have entered into an agreement under the Trade Assistance Programme (TAP), to support cross-border trade transactions. Under the Trade Assistance Programme (TAP), India Exim Bank aims to facilitate and enhance India’s exports globally by providing credit enhancement to trade instruments.

With India Exim Bank’s support, RBL Bank will be able to gain footholds in nations, where trade lines are constrained. Through the programme, India Exim Bank will extend trade lines to participating overseas banks/institutions in the emerging markets. The credit enhancements to trade instruments provided under TAP, will help mobilise trade finance and would increase support to Indian exporters.

The agreement was signed at India Exim Bank’s head office in Cuffe Parade on 27th February 2023, in the presence of Mr R Subramaniakumar, MD & CEO, RBL Bank and Ms Harsha B Bangari, Managing Director – India Exim Bank.

R Subramaniakumar, MD & CEO, RBL Bank said, “We are happy to partner with India Exim Bank. We believe that our customer-centric approach backed by strong technological offering will be amplified aptly through India Exim Bank’s global network. The financing structure of this arrangement provides us with an opportunity to offer trade services in untapped markets while lowering the risks associated with global trade.”

Harsha B Bangari, Managing Director, India Exim Bank said, “We are pleased to partner with RBL Bank and on-board them on India Exim Bank’s Trade Assistance Programme, to support cross border trade transactions involving geographies where trade lines are constrained or where the potential has not been harnessed. Under the programme, India Exim Bank has already supported multiple trade transactions covering a wide range of sectors including agriculture, automotive and automotive parts, capital and engineering goods, food, iron & steel and textiles involving exports to geographies in Africa, Asia and Latin America.”

Jump.trade launches RADDX, its first-ever racing metaverse game

Singapore, 28 February 2023: Jump. trade – the flagship marketplace and platform of the 360° digital collectible enablement company GuardianLink – has introduced the NFT drops for its first NFT racing game, the RADDX Racing Metaverse. This game comes at a time in which NFTs are experiencing an energetic resurgence in the market, with India especially presenting itself as a lucrative epicenter for blockchain/NFT games.

The gaming market in India is expected to be valued at $3.9 billion by 2025, and India has gained the top position in the adoption of NFT games, with a staggering piece of statistics that 34% of the 400 million Indian gamers have already been introduced to the concept of NFT games. More than 11% of the Indian gaming population is willing to try NFT games in the future.

The upcoming RADDX is expected to include elements like high-octane races, cop chases, and tournaments. The game will offer elements like garages, customizable cars and decals, and other additions and embellishments that will enhance the gameplay.

The RADDX Racing Metaverse NFT drops will feature multiple collections that include the Super Loot – a blind-purchase box, three auctions, the metaverse land NFT blind purchase called the Landbox, and an exclusive Super Loot Box that can be bought for $1 on the purchase of other boxes.

A novel feature of RADDX Racing Metaverse is the real estate options it opens. The Digital LandBoxes will have buildings and other structural elements that can double up as advertising spaces. The announcement comes in at a time when a lot of brands are seeking to gain a foothold in the Metaverse considering the fact that it shows promising signs of becoming a preferred digital hangout platform for GenZ users. Each unit of land in RADDX Racing Metaverse is priced at $1599, and the land can be upgraded with buildings that can host advertisements. The hosting of advertisements will serve as a revenue generation mechanism for the metaverse land investors in the RADDX ecosystem.

“The metaverse land in the RADDX Racing Metaverse will be a revolution in the field of advertising. This will be one of the most innovative methods to advertise, and we believe that this will be one of the spearheads of making metaverse advertising mainstream! We expect a lot of big brands to market presence in a place where there is an abundance of engaged GenZ audience!” said Kameshwaran Elangovan, the COO of GuardianLink.

NephroPlus hosts a friendly ‘Cricket Match’ between Nephrologists and their Dialysis Patients before the World’s One & Only ‘Dialysis Olympiad 2023’

New Delhi, 28th February 2023: As a step towards the World’s only ‘Dialysis Olympiad 2023’, NephroPlus, India’s largest dialysis network and a pioneer in redefining dialysis care in India, hosted a friendly ‘Cricket Match’ between dialysis patients and Nephrologists today. The friendly match before the main event at Shaheed Bhagat Singh College, New Delhi, aims to encourage people on dialysis to lead lives as close to normal.

To motivate the spirits of dialysis patients across the country on World Kidney Day, the players of the Cricket match welcomed the fourth season of NephroPlus’ flagship program Dialysis Olympiad 2023, held in New Delhi this year. People on dialysis from all over the country can participate in this one-day Dialysis Olympiad, where they can showcase their talent by enrolling in activities like Cycling, Walkathon, Badminton, Carrom, Table Tennis, Musical Chairs, and Gilli Danda. The winners in each activity will be felicitated with Gold, Silver, and Bronze medals at this magnificent event.

Event: Dialysis Olympiad 2023

Where: Common Wealth Games Village Sports Complex, Near Akshardham Temple, New Delhi.

When: 5th March 2023

Time: 9.30 am – 5.30 pm

Great Deals to Singapore This Summer

Mumbai: With summer holidays just round the corner, Singapore Airlines, in collaboration with Singapore Tourism Board and Changi Airport Group, is offering a special family promotion on summer travel to Singapore.

Families that book their Singapore Airlines tickets between now and 31 March 2023, for travel anytime between 15 March and 31 August 2023, can enjoy a 50% discount on adult airfares for children aged 12 years and below. Tickets must be booked at least 7 days prior to departure.

Upon arrival, families will be greeted by the award-winning Changi Airport and the stunning new Jewel Changi Airport, both offering an array of iconic shopping, dining, and entertainment options. With its lush greenery and tranquil atmosphere including the HSBC Rain Vortex (the world’s largest indoor waterfall) and the Shiseido Forest Valley, the Jewel Changi Airport is a fabulous offering for the family.

Whether it’s exploring hidden gems in charming neighbourhoods, indulging in a meal at a top-notch restaurant or experiencing one of the many cultural offerings, Singapore offers something for everyone. With its striking architecture, vibrant nightlife, and rich cultural heritage, Singapore is the perfect destination for travellers seeking adventure, comfort and style.

Further, families can also enjoy special deals at over 100 exciting attractions across Singapore when they book their tickets using Pelago, a travel experience platform by Singapore Airlines.

Key attractions on offer include the Singapore Zoo, Night Safari, Gardens by the Bay, Universal Studios, S.E.A. Aquarium, iFly Singapore and many more.

Mr. Sy Yen Chen, General Manager India for Singapore Airlines said, “This summer, to celebrate the joy of family holidays, we are offering this special children’s discount on airfares as it is our way of welcoming our youngest customers back on board for a fun-filled vacation. The Lion City continues to be a popular destination for the India market, and the strong demand we are seeing from across the country is testimony to this fact. Now, with children’s fares to Singapore being available at 50% off adult fares, there’s never been a better time to plan your next family holiday.”

More information about the Airline’s thoughtfully curated inflight experience for children can found here: Travelling with Children | Singapore Airlines

Singapore Airlines currently operates 96 flights weekly from 8 cities in India, and its low-cost subsidiary Scoot flies 45 times a week from 6 Indian cities. Please refer to the current India flight schedule at the end of this release for more details.

Speaking about the family-focussed promotion, Mr GB Srithar, Regional Director, India, Middle East & South Asia, for Singapore Tourism Board said, “Singapore is a top-of-mind holiday destination among Indian families. With a plethora of exciting, refreshing and familiar-favourite experiences awaiting, we invite families to book their summer family vacations to Singapore. Our popular attractions, multiple experience providers and varied food and beverage establishments warmly welcome the Indian families over. Spending time together enjoying the many delights of Singapore will make for memorable, picture-perfect family holidays.”

Mr Peh Ke-wei, Vice President of Market Development Changi Airport Group commented:

As the first stop in Singapore, Singapore Changi Airport warmly welcomes travellers to enjoy a smooth and relaxing journey through our family-friendly airport, with facilities that would surely keep the young ones entertained. With our latest lifestyle destination, Jewel Changi Airport, we also look to enhancing travellers’ summer adventures with a myriad of fun and exciting attractions to be enjoyed across all ages.

Complete details about the campaign can be found here: Celebrate with family in Singapore | Singapore Airlines India

PNB Housing Finance wins Platinum award for its Annual Report from the League of American Communications Professionals (LACP) 2023

New Delhi, 28 February 2023: PNB Housing Finance today announced winning the Platinum Award for its Annual Report 2022, securing the 1st rank in the Financial Diversified Services category and 28th rank at the League of American Communications Professionals LLC (LACP) Vision award for Top 100 reports worldwide. The theme for this report was ‘Growth in Focus – Resilient, Robust, and Responsible’.

PNB Housing Finance was awarded the Platinum Award in 2021, and the Gold Award and 60th place in 2020. This is the second year in a row, the organisation has received the Platinum Award.

The eminent jury awarded an overall score of 99 out of 100 to PNB Housing, with perfect scores in categories such as report cover, letter to shareholders, report narrative, report financial clarity and information accessibility. They also won the ‘Most Improved Report Worldwide’.

The LACP is a highly regarded award for corporate reporting and communications that attracts a wide range of firms across industries and organization sizes. The 2022 Vision Awards Global Communications Competition received approximately 1,000 applications from global organisations across categories, making it one of the largest ever.

Mr. Girish Kousgi, MD & CEO, PNB Housing Finance said, “We are proud to have earned the prestigious LACP award. This international recognition motivates us to keep improving our brand that is backed by a rich legacy and robust network system.”

It is LACP’s goal to help facilitate discussion of best-in-class practices in communications and recognize those who demonstrate exemplary communications behaviour. Scoring is derived according to propriety judging system developed by LACP, which assigns point values to various criteria of an entry.

AlUla Camel Cup is set to be the pinnacle of the Saudi Arabian camel-racing season

AlUla, Kingdom of Saudi Arabia – February 27, 2023: The Royal Commission for AlUla (RCU), in collaboration with the Saudi Camel Racing Federation (SCRF), announced today that the inaugural AlUla Camel Cup will be held from March 14-17, 2023. The tournament will crown a ‘Champion of Champions’ and will complete with a grand prize pool of USD 21.33M.

With the highest prize pots in the world per round of camel racing, the tournament honors the Kingdom’s revered sport in the stunning backdrop of AlUla, a place of extraordinary human and natural heritage.

alula norah-desert

Amr AlMadani, CEO of the Royal Commission for AlUla said: “The AlUla Camel Cup will celebrate the most noble of Saudi Arabian sporting traditions, welcoming royalty VIPS, the elite of the sport and many distinguished guests to the most glorious of settings for this illustrious occasion.”

With such deep-rooted historical connections – such as the Incense Road Trading route where camel caravans travelled through AlUla trading precious goods, and the ancient petroglyphs featuring camels engraved across the rocks of AlUla – it is fitting that we celebrate the ‘ships of the desert’ with the first AlUla Camel Cup.

The inclusion of the AlUla Camel Cup to the Saudi Camel Racing Federation’s season ushers in a new era for the Kingdom’s cherished homegrown pursuit.

“We eagerly await March 14 when world-class sport will be combined with natural beauty and the epitome of modern luxury for a spectacle like no other.”

Mahmoud Suleiman Albalawi, Executive Director of SCRF, said: “The pinnacle of the Saudi Arabian camel racing season, which will crown a ‘Champion of Champions’, can have no better setting than the performance grade track at AlUla, a jewel of the desert where tradition meets modernity.

“Saudi Arabia has championed camel racing the world over, with historical records indicating the sport played a part in our ancient culture as far back as the 7th Century. The professional nature of camel racing has a similarly distinguished past, with the first professional camel race held in Saudi Arabia dating back to 1964 as part of a heritage festival.

“The evolving story of the sport, where we pay tribute to its timelessness and the special appeal it holds in the hearts and minds of the region’s people, will reach new heights at the AlUla Camel Cup in March 2023. Here the conclusion of our camel racing season, which began back in August 2022, will reach a truly spectacular finale.”

AlUla Camel Cup is one of the flagship sports events of AlUla Moments 2023 calendar of events and festivals, which includes five major festivals and six marque events. Other sports events taking place in AlUla are “The Custodian of the Two Holy Mosques Endurance Cup in AlUla 2023” (March 4), “AlUla Trail Race” (February 23 and 24), and the recent “Saudi Tour” (January 30 – February 3).

In-depth details of each day at the AlUla Camel Cup, and activities surrounding the event, will be released in due course.