Tag Mumbai

Mumbai, March 12th, 2024: ace turtle, India’s leading technology-native retail company today announced its ​strategic ​​collaboration ​with Myntra, one of India’s leading platforms for fashion​, beauty and lifestyle​ for the online launch of Dockers, the khaki lifestyle apparel brand​ and a division of Levi Strauss & Co​. ace turtle is the exclusive licensee of Dockers in India. ​​​

The Dockers® brand continues to be a leader in khaki and offers a wide range of apparel and accessories, for men and women, with no compromises in quality – always superior comfort and versatile style. While the brand remains focused on the classic khaki style and its founding principles, Dockers® has evolved its offerings to include more variety and appeal to a broader set of shoppers in both their professional and personal lives.

Commenting on the partnership, Nitin Chhabra, CEO, ace turtle said, “We are excited to expand our relationship with Myntra with the exclusive online marketplace launch for Dockers in India. Myntra’s unmatched reach and commitment to delivering a superior online fashion and lifestyle shopping experience aligns perfectly with Dockers’ ethos. We will continue to expand the distribution for Dockers to make its premium quality fashion apparel accessible to millions of Indian consumers leveraging our unique technology-driven operating model, deep understanding of Indian consumers and omnichannel commerce expertise.”

Sharing her perspective, Jayanti Ganguly, VP – Business, Myntra said, “Myntra continues to be at the forefront of enabling access to the most sought-after international brands to our thriving base of fashion-forward consumers. We are thrilled to launch the iconic American brand Dockers on Myntra through our strategic collaboration with ace turtle. We believe that Dockers stands for timeless style, effortless elegance and flawless quality and this would be highly appreciated and loved by our growing base of premium male shoppers spread across the nation.”

​​Myntra will offer ​​​​the ​​complete apparel​ ​collection​​ of Dockers​​, comprising over 160 SKUs, ​catering to diverse fashion preferences of​​ premium Indian consumers. From smart casuals to modern essentials, the collection includes Dockers’ signature khakis, shirts and sweaters enabling consumers to conveniently shop online from anywhere across the country.​ Dockers will have a dedicated Online Brand Store on the Myntra app and will have extensive visibility through Minis, Myntra’s widely viewed short video content.​

Mumbai: The Maharashtra University of Health Science honored “The Doctor Of Literature,” degree to Dr Christopher De Souza, Specialist for Deafness in children hearing loss & ENT Surgeon, Lilavati Hospital, Mumbai for his remarkable contribution in the area of community health services.

Dr Christopher De Souza has strived to uplift the society. He is bringing about a revolutionary change for children with hearing problems who often struggle to communicate and connect with others. The introduction of cochlear implants has brought immense change to their lives, offering them a newfound ability to hear and engage with the world around them. Dr Christopher De Souza has been at the forefront of this transformative technology, providing hope and opportunities to countless children who once felt trapped in silence. Through his innovative approach and dedication to helping those with hearing impairments, Dr De Souza has not only improved their quality of life but also opened up a new realm of possibilities for these children. With Dr De Souza’s s expertise and compassion, he has shown that there is light at the end of the tunnel for children facing hearing challenges, giving them a chance to thrive like never before.

During the pandemic, Dr Christopher De Souza’s contribution is exceptional and noteworthy. International acclaim has been bestowed upon the two global textbooks on the pandemic, written and edited by him. In Germany and the United States, he has authored 7 textbooks for post-graduation studies. The six-volume ENT-regulated studies are standard in academia. His international textbook for assisting deaf children in regaining their hearing has wide global acclaim. The Royal College Of Surgeons of England and Ireland have bestowed their honorary fellowships for his immense academic contribution and high standards of service. He has also contributed to humanity by helping impoverished and marginalized children with the precious gift of hearing. He has devoted his life to the mission of helping hundreds of underprivileged, deaf children and their families and his work has been appreciated by Pope Francis, Vatican City, Italy.

Dr Christopher De Souza, Specialist for Deafness in children hearing loss & ENT Surgeon, who has gained national and worldwide recognition for his exemplary work said, “The honor I have received for my work in the field of community health services and supporting children with cochlear implants is truly humbling. Seeing the positive impact of my efforts on families and children in need has been incredibly rewarding. It reaffirms my commitment to creating a more inclusive and accessible healthcare environment for all. Working closely with children who have cochlear implants has allowed me to witness firsthand the transformative power of these devices. The joy and excitement on a child’s face when they hear sounds clearly for the first time is a priceless moment that drives me to continue advocating for improved support services in this area. I am proud to be part of a movement that is breaking down barriers and changing lives through enhanced healthcare accessibility. I am filled with gratitude for the opportunity to contribute to society in meaningful ways. This degree serves as validation for the countless hours spent working towards bettering the lives of others and inspires me to continue pushing boundaries and making a difference. I am committed to amplifying my efforts and serving as a beacon of change within my community and beyond.”

Mumbai, 11th March 2024: Marriott Executive Apartments Navi Mumbai are pleased to announce the appointment of Krutin Sheth as their Director Of Sales & Marketing. With over 11 years of extensive experience in the hospitality industry, Krutin brings a wealth of knowledge and leadership to our esteemed team.

Krutin’s journey within Marriott International exemplifies his dedication and expertise. He began his journey at Marriott as an Assistant Sales Manager at Courtyard By Marriott Pune Chakan in February 2013. He steadily progressed through various roles, including Sales Manager at the MICE National Sales Organization in Mumbai and Senior Sales Manager at Courtyard By Marriott Pune Hinjewadi.

In May 2018, Krutin assumed the role of Associate Director of Sales at Fairfield By Marriott Belagavi, Karnataka, India, where he demonstrated exceptional leadership and strategic vision. His tenure as Director of Sales at Courtyard By Marriott Pune Hinjewadi further solidified his reputation as a dynamic leader, spearheading impactful initiatives for nearly 4 years.

With his appointment as Director Of Sales & Marketing at Marriott Executive Apartments Navi Mumbai in December 2023, he has been contributing his wealth of experience and innovative ideas to the team and continues to uphold the highest standards of excellence and innovation in the hospitality sector.

Prior to his tenure with Marriott International, Krutin served in key roles at The Lalit Suri Hospitality Group and GRT Hotels & Resorts, garnering invaluable experience and insights. Krutin’s academic background includes a Higher Diploma in Hospitality Management from Kohinoor IMI and a Bachelor’s Degree in Hospitality Management from Kohinoor IMI in collaboration with YCMOU.

Krutin Sheth’s appointment as the Director Of Sales & Marketing at Marriott Executive Apartments Navi Mumbai marks a significant milestone in the brand’s commitment to delivering exceptional hospitality experiences. With his extensive background, leadership skills, and dedication to excellence, Krutin’s leadership and industry knowledge will enhance the guest experience and drive growth at Marriott Executive Apartments Navi Mumbai.

11th March Mumbai: Club Mahindra, the flagship brand of Mahindra Holidays & Resorts India Limited, which recently launched “Junior Rising Stars”– a platform that encourages kids to display their skills, in a nationwide contest, has collaborated with the popular Bollywood casting director Mukesh Chhabra to adjudge the talent of the kids participating in the contest. This initiative encourages kids to unleash their creativity in categories such as dancing, acting, and singing by uploading under-60- second videos on the microsite.

Mukesh Chhabra will evaluate and select the top 3 winners who also stand a chance to be part of a movie or OTT series. This unique contest also offers multiple prizes such as a Trip to Dubai to the Top 3 Winners in each category. Further, the top 3 in each category will stand a chance to showcase their skills to Mukesh Chhabra in an on-ground contest. Also, the top 25 winners will stand a chance to win Domestic Holiday vouchers from Club Mahindra.

Young participants can join the competition by sharing videos on their individual social media profiles, tagging Club Mahindra, and providing the corresponding link on the designated microsite. The contest went live in February and will continue to accept entries until April 2024.

Mr. Pratik Mazumder, Chief Marketing Officer, Mahindra Holidays & Resorts India Limited, said, “This initiative is all about celebrating family bonds and encouraging the diverse talents of our younger generation. Mukesh Chhabra’s involvement adds a unique dimension, offering winners a chance to step into the entertainment industry. We believe that our endeavour will provide a memorable and enriching experience for the participating kids and their families. We look forward to experiencing the magic that unfolds as families come together to encourage their talented kids.”

Mukesh Chhabra shared his views on this initiative saying, “I am delighted to be a part of  Club Mahindra’s Junior Rising Star campaign. Recognizing and nurturing young talent creates a foundation of a world of limitless opportunities for the young brigade. I look forward to evaluating the incredible talent that this contest will present and providing a platform for showcasing their skills. It extends much beyond competition into an opportunity for these artists to shine in the world of entertainment.”

Club Mahindra, recognized for creating magical family holiday experiences, emphasizes children as an integral part of family. It acknowledges the significance of active family involvement in appreciating children’s talents. Moreover, the brand seeks to establish a platform where all generations boost the development of diverse skills and interests in children.

Mumbai, 11 March, 2024: Bata India announced the launch of its 500th Franchise store in India, marking a landmark achievement in the footwear retail industry. To announce this milestone and extend gratitude to its trusted partners pan India, Bata unveiled a larger-than-life CGI OOH celebrating ‘Bata 500 Franchise Store Family in India.

With the inauguration of the 500th Franchise store in Bangalore, Bata India’s retail footprint expands to 2,150+ stores nationwide, comprising a diverse mix of Company-Owned Company-Operated (COCO), Franchise stores and Shop-in-Shop (SIS) stores.

Speaking on the occasion, Mr. Abhinav Sharan, Head- Franchise Business, Bata India Limited said, “We are immensely grateful for the continued trust and unwavering support of our Franchise partners who have been instrumental in our journey to reach this milestone. The inauguration of our 500th Franchise Store reaffirms Bata’s deep-rooted commitment to India and strengthens our resolve to nurture leaders of tomorrow. Together with our valued partners, we will continue this expansion journey to ensure that Bata’s quality and style are accessible to customers in every corner of the country.”

Bata’s Franchise model has played an integral role in its expansion strategy, serving as a pivotal engine driving growth and accessibility across diverse regions of India. Its dynamic approach has enabled the brand to penetrate deeper into untapped markets while fostering entrepreneurship opportunities for local partners. The success of the program is validated by the high return rate of Franchise partners who have opened and continue to open multiple stores with Bata.

Mumbai, 09th March, 2023: RPG Foundation (RPGF) has initiated a marine conservation initiative under Project nature:re. At nature:re, we take small steps to rebalance our planet to reconnect us to nature. Under nature:re ocean, we aim to enhance marine biodiversity and support the livelihood of coastal communities.

Rolling into action, we are installing 210 artificial reefs in the ocean near Worli, Mumbai on 7th March 2024 between 8am to 10am.

Reefs provide a win-win solution that serves the environment by creating carbon sinks and by increasing biomass, they provide more fishing opportunities to coastal communities.

An artificial reef is a concrete structure made from cement and steel. When immersed, they initiate the formation of bacterial biofilm, which covers the surface of the artificial reef modules. Over time, they will be covered by micro and macro algae. They also become a sanctuary for small and large-sized native fish species. This transformation is visible between 3-6 months.

Over the years, fisher folks in the city have been experiencing a drop in their incomes due to the declining fish population caused due to pollution from sewage and plastic waste being dumped into the oceans. Artificial reefs remove pollutants from water, providing a natural filtration process for the water. As the reefs mature, they transform into carbon sinks as they increase the sea surface area (about 50-60 sqft per module), which results in more productivity and biodiversity. This ability to capture carbon from the air would be a potentialsolution for the deteriorating air quality of the city.

RPG Foundation has commissioned Kuddle Life Foundation, a marine conservation NGO, for scientific assessments and timely evaluation. We plan to extend its success to other areas in Mumbai and beyond.

Such projects reflect RPG Foundation’s commitment to addressing environmental and social issues responsibly. As we launch this initiative, we renew our dedication to creating a better future for marine life and coastal communities.

How have artificial reefs helped globally?

Across the globe, there are efforts taken to build climate-resilient artificial reefs that are like underwater homes for marine life. Countries like Indonesia, Australia, the US, Japan, India and Venezuela, to name a few, are spearheading successful reef projects to combat climate change. They help bring back marine animals to areas where their habitats have been damaged. These reefs also protect coastlines from big waves and storms, preventing erosion. People love visiting these reefs for activities like snorkeling and diving, which brings in tourists and helps local economies.

Mumbai/New Delhi, 9 March 2024: To leverage the opportunities from the Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) and the increasing demand from the Indian middle class for premium agrifood products, Australian premium food & beverage companies will showcase the best of Australian premium agrifood products at Aahar 2024 to connect with the Indian businesses and consumers.

The Australian Trade and Investment Commission (Austrade) in partnership with the state governments of New South Wales and Victoria is bringing together 20+ Australian brands to showcase their products at the Australian Pavilion located at Hall No.1, Stand No.1G-02A in Aahar 2024.

The Australian pavilion at Aahar 2024 will showcase products across different categories ranging from sheep meat, seafood and aquaculture, horticulture, grains and pulses and premium health food products.

Australia’s reputation for clean, green and safe produce makes Australia a compelling destination to develop, commercialise, scale and source the next generation of agriculture and food technologies.

Taste the Wonders of Australia Coinciding with Aahar 2024, the Australian High Commissioner to India, HE Philip Green OAM is hosting the inaugural ‘Taste the Wonders of Australia’ event on 7 March 2024 at the Australian High Commission, New Delhi.

The event will provide an opportunity Indian and Australian businesses to come together to network, enjoy Australian food and beverage and celebrate the depth of our bilateral relationship. The event menu will be curated by Indian celebrity Chef Saby using the Australian ingredients and produce.

The event is being delivered in partnership with ANZ Bank, HCL Technologies, Linfox, HSBC Bank and Qantas Airways. Products featured have been generously provided by Avocados Australia, Meat and Livestock Australia, Tassal, Western Australian Government, Treasury Wine Estates and Saint Andrews Beach Brewery.

Speaking about the Australian participation at Aahar 2024, Mr John Southwell, Trade and Investment Commissioner – South Asia, Australian Trade and Investment Commission said, “India and Australia’s bilateral ties have seen remarkably strengthened over the years, and our produces in various sectors have grown exponentially. It is this partnership and shared prosperity that has motivated us to bring our products to India and collaborate with local importers to enhance trade relations and further strengthen the bond between our two nations. We can see Australian products featuring more and more in Indian cuisine, from dals to lamb biryani paired with premium Australian wine. If you are after fine high-quality, great tasting products – come and visit us at Aahar.”

MUMBAI, India — March 9, 2024 — In a highly engaging panel curated on the opening day of FICCI FRAMES 2024 titled ‘Reinvent: Navigating the Future of the Media and Entertainment Industry’, Sushant Sreeram, Country Director, Prime Video India delved into the dynamic landscape of the streaming industry in India, exploring growth trends while highlighting Prime Video’s business and content commissioning strategy.

Moderated by Ashish Pherwani, Partner, Ernst and Young, the panel began with a keynote from Sanjay Jaju, Secretary, Ministry of Information and Broadcasting. In addition to Sushant Sreeram, the panel saw the participation of industry leaders from multiple M&E sectors, including Gaurav Dwivedi, Chief Executive Officer, Prasar Bharti, Kevin Vaz, Chair, FICCI Media and Entertainment Committee, and Chief Executive Officer – Broadcast Entertainment, Viacom 18; Sandhya Devanathan, Co-Chair FICCI Media and Entertainment Committee, and Vice President and Head, Meta India; Arjun Nohwar, Co-Chair, FICCI Media and Entertainment Committee, and General Manager – India & South Asia, Warner Bros. Discovery and Shripad Ashtekar, Chairman & Managing Director, Signpost India.

Responding to a question on key trends across SVOD, TVOD and AVOD business models, Sushant said, “Streaming is seeing phenomenal growth in India. It has, in fact, become a dominant use-case for internet in the country, and a large part of that growth is coming from outside the metros. We have about as many people streaming content in India, as those watching linear TV. This is a very significant inflection point for the video streaming industry in India.”

He went on to share, “Another key point to note is that there is no one single customer for streaming, our customers sit across the spectrum of accessibility, affordability, and the languages in which they prefer to consume entertainment. Therefore, our strategy for building solutions for India has always been to focus on “AND” solutions, rather than making choices between “this” or “that”. That is exactly why Prime Video’s entertainment hub – where all the different VODs come into play, continues to do incredibly well. In fact, India is one of the frontrunners on new customer adoption for Prime Video globally. Also, our Channels proposition, where consumers get access to content from popular streaming services with add-on subscriptions, has grown well, with more than 20 partners on the service. Further, our Movie Rentals service where consumers – both Prime members and those who aren’t yet Prime Members, can rent movies ala carte, is seeing great consumer uptake across the country. Mini TV, Amazon’s free ad-supported service, also posted steady great growth in 2023. When we think about how to serve India, we prioritize what is important for customers – great value, great selection, and convenience. It is true for what we do at Amazon overall and the same holds true for Prime Video as well.”

Responding to a question on the cost of content, Sushant spoke about the fact Amazon and Prime Video is invested for the long term in India. Elaborating on the same, he said, “It is important to place this in context – our investment thesis is built on developing this category over a fairly long period of time. That’s the time horizon that we operate with for all our investments at Amazon, and the same holds true for Prime Video. The second is that we want to create a category of great cinematic storytelling and we know that consumers value that. We realized that creating an ecosystem across the board, not just the service, but creators and the technical ecosystem is an investment that is well made.”

He went on to add, “the other thing about our investment thesis is that we look at it through the lens of how we bring in customers to enjoy this multi-benefit proposition for Prime, which is a unique proposition for customers and Prime Video is a part of that. That changes how customers evaluate what is value for money, and that gives us the impetus to continue to make investments. And finally, we want to make all the great stories that we can, but we realize that we can’t make all of them. We’re therefore always excited about the collaborations that we can forge, with creators, Channel partners and studios to build out a true video entertainment marketplace. The fact that Prime Video has close to 100 projects right now in various stages of production and development is a clear indication that there is appetite for great stories in the country!”

To wrap up the highly engaging session, each participant was asked their Mantra for 2024, to which Sushant replied, “For us it’s still Day 1!” Day 1 is both a culture and an operating model that puts the customer at the center of everything Amazon does. Day 1 is about being constantly curious, nimble, and experimental.

New Delhi, Mumbai, Bengaluru, Pune, March 7, 2024 — Roadzen , a global leader in AI-led insurance and mobility products, is excited to announce the appointment of Bruce Goldberg as General Counsel. With over three decades of executive experience overseeing legal, compliance, M&A, and HR in several public technology companies, Bruce brings a wealth of knowledge and a proven track record of success in scaling legal operations.

His leadership will play an integral role in steering Roadzen through future opportunities, ensuring that the company’s legal strategies support its growth and innovation. His appointment is part of our continued effort to strengthen the leadership team and build core operational capabilities for future growth.

Speaking on his new role, Bruce Goldberg said, “Roadzen’s commitment to innovation and excellence in insurance technology presents an exciting challenge and a significant opportunity. I am excited to join Roadzen at this pivotal moment and look forward to working with the entire team to pave the way for the insurance industry’s transformation using AI.”

Rohan Malhotra, CEO of Roadzen, commented that “Bruce brings decades of experience operating as a senior executive in public companies, having served as CEO, Chief of Staff and Chief Legal Officer. His expertise in building legal operations will be of great value and we look forward to the impact he will have at Roadzen.”

Prior to joining Roadzen, Bruce served as the Vice President, Chief of Staff and Chief Legal Officer at SMART Global Holdings, Inc., where he played a vital role in managing legal, compliance and human resources for the company’s global operations. Before SMART Global, he held various executive roles with All American Semiconductor, Inc., culminating in his eventual tenure as President and CEO.

Bruce holds a Juris Doctor from the University of Miami’s School of Law and a Bachelor of Business Administration in Finance from the University of Miami.

Mumbai, March 7, 2024: SAMCO Securities, a leading investment-tech company, introduces Options B.R.O., a groundbreaking solution designed to empower traders where they can build their own strategies, analyze & optimize them basis their requirement, leading to calculated decision making. This innovative offering addresses a concerning trend observed in derivative markets, where an overwhelming 97.8% of traders have incurred significant losses due to the absence of hedging strategies.

SAMCO known for building industry first features, continues its legacy by providing insights for strategic decision-making, enabling traders to consistently outperform the markets. Options B.R.O. empowers option traders with a comprehensive tool to craft personalized strategies from over 1000+ strategy combinations, analyze humanly impossible complex data effortlessly, and optimize based on individual needs. With Options B.R.O., traders can take calculative decisions, enhancing their options trading experience.

Options B.R.O. brings manifold benefits, allowing traders to focus solely on identifying stocks and their respective trends. Free from the complexities of calculating intricate option metrics such as probability, delta, and theta, traders can seamlessly evaluate each trade before execution. Additionally, SAMCO provides comprehensive strategy details, enabling traders to make holistic assessments and informed decisions, further enhancing their trading experience.

The nomenclature “Options B.R.O.– Build, Research, Optimize” encapsulates the core functionalities and objectives of the platform, aligning with its mission to empower traders with comprehensive tools for informed decision-making and strategic optimization.

•  Build: The term ‘Build’ signifies the platform’s capability to enable customers to construct their own tailored strategies.
•  Research: The inclusion of ‘Research’ highlights the platform’s commitment to facilitating thorough analysis and exploration of trading strategies.
•  Optimize: ‘Optimize’ underscores the platform’s emphasis on maximizing efficiency and effectiveness in trading activities.

Traders can delve into comprehensive data points, including Option Greeks, Implied Volatility (IV), Expected Value, etc. to inform their decisions. With a plethora of strategies catering to every risk appetite, traders can explore numerous combinations and filter options based on available funds or maximum acceptable loss per trade. The tool simplifies options trading by harnessing data-driven insights to generate bespoke strategies aligned with traders’ preferences.

Mr. Jimeet Modi, Founder, SAMCO Group, commented, “Options B.R.O. represents a significant advancement in our commitment to providing traders with the tools necessary for precise market navigation. The prevalence of losses emphasizes the importance of a solution like Options B.R.O., allowing traders to take calculated risks by analyzing complex data points. We are confident that Options B.R.O. enables traders to approach options trading with strategic foresight.”

Key Findings from the SAMCO research:

Hedging Strategies:
A mere 2.2% of traders utilized hedging strategies, while the majority (97.8%) traded options without protection.
Traders employing hedging strategies averaged a profit of INR 196,300, whereas those without incurred losses averaging INR 66,768.
Type of Option Traded:
Traders who exclusively bought options (long call and long put) experienced average losses.
Conversely, option sellers, on average, recorded profits, underscoring the importance of understanding option Greeks and implied volatility.
Strike Rate Analysis:
Traders exhibited a higher strike rate in futures trading compared to long options.
Despite often predicting market direction correctly, traders frequently lost money in long options due to limited understanding of option Greeks and implied volatility.
Database – Samco traders

Mr. Pratik Adani, CTO, SAMCO Securities, commented, “Options B.R.O. directly addresses the foremost challenges in the current options trading scene, equipping users with the critical insights needed for informed decision-making. We innovated at the technological forefront to break through the barriers of executing complex mathematical and computational analyses in moments, facilitating almost instantaneous decision-making for our users. This capability to perform over 1.5 lakh mathematical computations, evaluate more than 2000 option contracts, and analyze over 1000 strategies in just one second is transforming options trading. The extraordinary speed and accuracy of Options B.R.O. enhance traders’ ability to act swiftly using the SAMCO trading app.”

Key features of Options B.R.O.:

The feature not only filters strategies based on the user’s perspective but also enables users to analyze their strategies across various parameters. To enhance users’ strategy analysis experience, it provides the capability to analyze on all the following data points, facilitating the determination of the optimal option strategy.

• IV

• Option greeks such as delta, theta, gamma, vega

• Upcoming events

• Technical indicators

• Expected Value

• Risk Reward

• Return on Investment