Author: Rabindra

Meta Unveils Innovative Data Center Design, Paving the Way for an AI-powered Future

10th July 2024  Bangalore, Karnataka, India  Meta truly believes in innovation and creativity. It built technologies that revolutionized how people connect or how communities form, and businesses grow. Apps such as; Messenger, Instagram, and WhatsApp further empowered billions around the world. This time Meta announced a groundbreaking new design for its data centers to optimize the capabilities of artificial intelligence (AI). Such revamping is to revolutionize the data center operations and connect it to Meta’s planned shift to liquid cooling process. This strategic shift in data center design can significantly enhance the efficiency, sustainability, and capability to efficiently manage the increasing demands of AI-based workloads.

The future of Meta’s new data center looks bright with innovative design, cutting-edge technologies, and architectural advancements. It comes with the following features that can help data centers evolve to the next level. The AI-optimized architecture ensures faster data processing and real-time analytics. It can be easily customized as per the requirement to accommodate and enhance the overall experience of the applications. By leveraging advanced cooling technologies and renewable energy sources, the new design reduces energy consumption by 40%, aligning with Meta’s commitment to sustainability and its goal of achieving net-zero carbon emissions. This will further support any AI-based research and product development in the future.

The modular design of the data center assures scalability, enabling Meta to rapidly expand its data center capabilities in response to growing AI and machine learning needs and without compromising performance due to additional burden. Since security is the key factor in any data center, Meta incorporated advanced security features with state-of-the-art security protocols for all its data center racks. With AI-driven threat detection and mitigation, the new data centers ensure the highest level of data protection and privacy.

Considering the comprehensive features of the innovative data center design, it must be mentioned here that Meta is surely driving innovation and sustainability to the next level. From enhancing user experiences on its social platforms to pioneering new AI applications in virtual and augmented reality, Meta’s infrastructure is now better equipped than ever to handle the growing demands of the digital age.

This new data center design marks a significant milestone in Meta’s journey towards an AI-powered, practical, and well-thought future. There is no denying of the fact that these advanced data centers will support a connected world with AI-driven products and services. Hence, it can be said that Meta is leading the way towards developing an infrastructure that is both powerful and environmentally responsible. As we move towards an AI-powered future, this new data center will create new job opportunities and boost the local economy.

Meta description
Meta announces an AI-powered data center design with secured data center racks that can enhance efficiency, sustainability, and scalability, and align with its net-zero carbon emissions goal.

Italian Electric Two-wheeler Brand VLF Announces Grand Entry into Indian Market with Manufacturing Hub in Kolhapur, Maharashtra

10th July 2024  Kolhapur, Maharashtra, India  Italian electric two-wheeler brand VLF, founded by renowned designer Alessandro Tartarini in 1993, proudly announces its entry into the dynamic Indian electric two-wheeler market. Known for its unique Italian heritage and design, VLF is teaming up with KAW Veloce Motors Pvt Ltd to handle manufacturing and distribution, promising an exhilarating journey for Indian riders.

VLF’s products, known for their strong personality and unique design, aim to stand out in the burgeoning electric mobility market. Alessandro Tartarini, the visionary behind VLF, states, “In a market that is extremely competitive and constantly evolving, we need to create products that are stylish and have a strong personality.” This ethos drives VLF’s mission to offer electric scooters that break away from traditional gasoline-powered designs, providing affordable and stylish alternatives.

The state-of-the-art manufacturing facility will be established in Kolhapur, Maharashtra, leveraging the KAW Group’s extensive six-decade manufacturing experience in the region. VLF plans to launch its iconic electric scooter named Tennis by the festive season this year, catering to a diverse demographic from first-time buyers to seasoned riders seeking an upgrade. With a focus on aspirational branding and premium riding experiences at affordable prices, VLF is poised to make a significant impact on the Indian electric two-wheeler landscape.

To create awareness and generate interest among Indian consumers, VLF will roll out an extensive marketing campaign, culminating in the official brand launch during the 2024 festive season. The campaign will include engaging marketing activities, roadshows, and participation in auto expos, firmly establishing VLF ’s presence in India.

VLF plans to establish a robust dealer network across India, targeting major tier 1 and tier 2 cities. The goal is to have 15 dealerships operational by the end of 2024, scaling up to 50 dealerships by the end of the financial year.

Tushar Shelke, Managing Director of KAW Veloce Motors Pvt. Ltd., shares his excitement: “With VLF, we want to give Indian consumers a range of electric scooters and Scooter that excel in design and performance. Each VLF product has its own design language and stands out in the current market. We want our customers to experience this uniqueness.”

Financial Wellness in Retirement: Shriram Unnati FD for Senior Citizens

10th July 2024  Mumbai, Maharashtra, India  In an era where financial stability in retirement is a growing concern, Shriram Finance unveils a groundbreaking solution tailored for senior citizens – Fixed Deposits (FDs) that cater specifically to their needs. To ensure financial wellness post-retirement, Shriram Finance’s FDs for senior citizens stand out for their attractive interest rates and flexible investment tenures. With competitive rates that surpass traditional investment avenues, such as savings accounts or standard fixed deposits, senior citizens can now maximize their returns without compromising on security. Additionally, the flexible tenure options allow investors to choose durations that align with their financial goals and retirement plans.

Key Features of Shriram Finance FD for Senior Citizens:

Attractive Fixed Deposit Interest Rates: Shriram Finance offers up to 9.40%* p.a. on FDs (The interest rate of 9.40%*p.a. is inclusive of 0.50%*p.a. for senior citizens and 0.10%*p.a. for women depositors), ensuring that the savings of the elderly grow steadily over time. These rates are designed to provide a stable source of income during retirement, allowing individuals to maintain their standard of living without relying solely on pension or other retirement benefits.

Flexible Investment Options: With various investment tenures ranging from short-term to long-term, senior citizens have the flexibility to choose the investment period that best suits their financial goals and requirements. Whether they prefer short-term liquidity or long-term growth, Shriram Finance FDs offer options tailored to their needs.

Safety and Security: Shriram Finance’s Fixed Deposit Schemes provide a secure investment avenue backed by a strong rating – rated “[ICRA]AA+ (Stable)” by ICRA and “IND AA+/Stable” by India Ratings and Research. Investors can trust that their investments are safeguarded against market fluctuations and economic uncertainties.

As individuals continue to prioritize financial wellness and security in retirement, Shriram Finance remains committed to delivering innovative solutions that meet the evolving needs of senior citizens. With a strong legacy of trust and reliability, Shriram Finance is poised to become the preferred choice for retirees seeking dependable financial instruments to secure their future.

Shriram Finance aims to redefine the investment landscape and empower investors to achieve their financial aspirations with an unwavering commitment to innovation, reliability, and customer-centricity.

With its diverse features, Shriram Finance Fixed Deposit plans to cater to the unique needs of every investor, offering a secure and rewarding avenue for wealth creation. To explore the various plans and invest online, visit the Shriram Finance website or contact 18001034959 for assistance.

iVP Semi to Set up a Fabless Chip Company in India

10th July 2024  Chennai, Tamil Nadu, India  Building on his pioneering work in the semiconductor engineering space, Raja Manickam has launched iVP Semi, a fabless semiconductor startup focused on empowering Indian system companies through localized chip production. iVP Semi aims to drive innovation and development locally with strong system design competence to help chip manufacturers and suppliers, enabling Indian companies to compete both in India and globally. The company has secured $5M in pre-Series A funding to build India presence, scale operations, set up testing facilities, and activate marketing initiatives.

As part of this strategy, iVP Semi is setting up chip design centers in Chennai and Bangalore as well as licensing product IP from Taiwan, Japan, and the US. While being an asset-lite fabless company, chip and module testing will be done internally. iVP Semi is working with the State Government of Tamil Nadu to set up a production test facility of 20,000 sq. ft. in Chennai. The second test facility will come up shortly in one other location in South India. The Chennai facility will be fully operational by October 2024, and will be equipped with in-house capabilities from design to testing, ensuring high-quality products along with exceptional post-delivery support. It will also feature discreet and power module testing along with reliability and safety certification centers to reduce time to market for iVP Semi customers. Through its operations in India, iVP Semi will predominantly service the local Renewables, EV, and Automotive industries. The company aims to achieve a revenue of $70 million- $100 million in the next two to three years.

Commenting on the launch of iVP Semi, Raja Manickam, Founder & CEO, iVP Semi, said “As a startup, iVP Semi recognizes the challenges faced by Indian semiconductor startups that aimed for the global market from the outset. Many struggled to survive due to the time and financial resources required to compete with established giants. Hence, our mission is to localize semiconductor chip production, empowering Indian companies to improve product development cycles and achieve greater technological autonomy. This approach not only ensures tighter control over the chip supply chain but also fosters an environment where semiconductor ecosystem partners are encouraged to establish a local presence. We envision a ripple effect where technology solutions developed by Indian companies will address global challenges, benefiting everyone.”

On this occasion, S. Krishnan, Secretary, Ministry of Electronics and Information Technology (MeitY), Government of India, said, “The semiconductor industry is vital for the country and India has the talent, deep expertise and scalability to be a global player. The Government is helping industries to create the ecosystem to build semiconductors. iVP Semi plays an important role in creating demand to fill up the manufacturing capacity in wafer fab and OSAT. I would like to congratulate iVP Semi on the creation of an Indian fabless chip company.”

Earlier this year, McKinsey predicted that the global semiconductor industry is poised for a decade of growth and is projected to become a trillion-dollar industry by 2030 while the India Electronics and Semiconductor Association (IESA) estimates that India to grow to a $100 billion market by 2030. India is rapidly becoming one of the biggest markets for electronics, and automotive, specifically EVs, and a significant hub for technical expertise, highlighting the necessity to enhance the Indian ecosystem. However, challenges such as complexity in manufacturing, dominant global players holding a significant market share, lack of production-grade technology, high capital costs, and so on persist, hindering India’s journey towards self-sufficiency.

Best-Selling Author Shobhaa De Invests in Avas Living, Alibaug

10th July 2024  Mumbai, Maharashtra, India  Renowned novelist Shobhaa De is in the news with her latest purchase—a new home in Alibaug. Joining a prestigious list of celebrities who have chosen Alibaug as their preferred getaway. Known for her literary prowess and cultural influence, Shobhaa De’s decision to invest in a property at Avas Living underscores the town’s allure as a haven for those seeking both tranquillity and luxury.

Located just a short ferry ride away from Mumbai, Alibaug has increasingly become a hotspot for celebrities and affluent individuals looking to escape the hustle and bustle of city life. Its serene beaches, lush landscapes, and laid-back atmosphere provide the perfect backdrop for relaxation and rejuvenation.

Avas Living, a gated community celebrated for crafting homes of celebrities, sports luminaries, bankers, and other notable figures have been known for its expertise in creating holistic living spaces. Crafting a home tailored to Mrs De’s preferences that emphasises on modern elegance and comfort, it blends seamlessly into Alibaug’s natural beauty while offering access to the exclusive amenities of the Avas Wellness Center and Spa.

“My husband was one of the original ‘Alibaughers’ when he built our farmhouse at Chondi over 45 years ago. There was nothing around when he started building our personal home. Today, the area has seen so much amazing growth! Our family spends so much time in Alibaug that it only makes sense to create more space. It’s the ultimate indulgence—making room for all the grandchildren and the growing family. Avas Living has made it incredibly convenient to acquire a gorgeous villa with an international-level Wellness Center practically in my backyard. Top-class 24/7 security adds to my comfort, and having all the maintenance looked after takes away the headache of running an additional home. The villa itself meets high aesthetic standards, with a beautifully landscaped garden that transports me to a tropical paradise. Combine all these elements with a strong commitment to sustainable living and wellness, like-minded neighbours (HELLO! Virat), a vibrant community life, and the circle of charm is complete. I couldn’t be happier with my decision,” shares Mrs. De.

As Shobhaa De is set to join the community of wellness, her presence further enhances Alibaug’s allure as a sought-after destination for those seeking coastal charm and refined living. Her new home promises to be a sanctuary that reflects both her literary sensibilities and her appreciation for the finer things in life.

Insight Myanmar’s Meditation Related Podcasts Gain Popularity in India

10th July 2024  Myanmar  The Insight Myanmar Podcast is a platform dedicated to exploring the rich tapestry of Myanmar’s spiritual, cultural, and socio-political life on meditation and Buddhist practices.

Through in-depth interviews with meditators, scholars, practitioners, monks, stakeholders, leaders, and activists the podcast delves into personal stories, teachings, and experiences, offering listeners a unique perspective on mindfulness, meditation, and the profound influence of Buddhism in Myanmar as well as the ongoing crisis in the country.

India has one of the largest numbers of Vipassana meditators in the world and a large number of meditators from India, Southeast Asia, USA, Europe, Australia etc are tuning into these podcasts in large numbers. In addition to senior monks, a large number of senior Vipassana teachers like Barry Lapping, Kory Goldberg, Daniel Meyer, Johnathan Crawley, Michael Stein etc have been interviewed for the podcasts.

Joah Mcgee Founder of Insight Myanmar says, “Our podcast aims to foster a deeper understanding of Myanmar’s spiritual heritage and its contemporary relevance. With more than 240 episodes and over 100,000 listeners in different platforms, IMP can significantly contribute to a diverse audience including meditator groups.”

Insight Myanmar is a not-for-profit organization is run by donations from grateful meditators. Reji Varghese a Vipassana meditator from Chennai and Managing Director of Forms and Gears says, my friends and I have got a treasure trove of precious information from Insight Myanmar’s podcasts and we are eager to give back in whatever way or form we can – donations / dana or volunteer service.”

Celebrating the T20 Cricket World Cup 2024 Grand Finale

10th July 2024  New Delhi, Delhi, India  The 9th edition of the T20 Cricket World Cup ended on a high note as the Men in Blue clinched a thrilling 7-run victory over South Africa, earning a staggering prize of Rs. 125 Crore! This landmark win at the Kensington Oval in Barbados not only brought the coveted ICC Trophy back to India after an 11-year wait but also underscored the nation’s dominance in the world of cricket.

Parimatch’s “Cricket Belongs to India” marketing campaign added an extra layer of excitement, offering fans numerous opportunities to win big during this cricketing clash. The initiative also featured innovative and non-standard branding techniques, such as enhancing gyms in Bangalore and Mysuru with branded walls and TVs.

“Being a winner feels amazing! I’m thrilled and grateful to Parimatch for organizing such incredible campaigns like “Cricket Belongs to India.” This initiative has only deepened my love for both cricket and Parimatch. Thank you so much for this fantastic experience!” – commented Amit Sharma, winner in the “Cricket Belongs to India” campaign organized by Parimatch.

While winners enjoy their well-deserved prizes, let’s recap the highlights of the “Cricket Belongs to India” marketing campaign.

During the 9th season of the T20 Cricket World Cup, Parimatch kicked off an action-packed sports tournament with a whopping Rs. 8,00,000 prize fund! In addition to the generous prize pool, participants had the chance to win a motorcycle from Kajal Aggarwal or Nicholas Pooran, choosing between a Royal Super Meteor 650 or a Kawasaki Ninja 300. Moreover, for avid players, Parimatch presented a series of four gaming tournaments, boasting a total prize fund of up to Rs. 7,60,000. And just like the previous year, passionate cricket lovers could immerse themselves in Parimatch’s gamification feature, PM Gurus, where they could unlock achievements, engage in exciting quests and tournaments, and earn generous rewards such as Avatars, exclusive stickers, and much more.

Groundbreaking VFX Integration

During the T20 Cricket World Cup, Parimatch has also launched the “The Men in Blue are coming to take the Trophy home” marketing campaign, featuring inspiring VFX videos that seamlessly blend patriotism and innovation. This initiative highlighted Parimatch’s ongoing commitment to pioneering VFX integration in the Asian market, reinforcing their leadership in the world of iGaming.

Three VFX videos have already been released on Parimatch’s social media channels. These inspiring videos seamlessly blend cricketing vibes with iconic symbols of American culture, such as the Statue of Liberty, Brooklyn Bridge, and Times Square, highlighting the global influence of Indian cricket. This campaign showcases Parimatch’s innovative approach to marketing while celebrating the Men in Blue and their journey.

Wrapping Up

This triumph not only adds another chapter to India’s illustrious cricket history but also sets a new benchmark in the T20 format. As the Men in Blue celebrate their hard-earned success, they reaffirm that cricket indeed belongs to India!

With the 9th T20 Cricket World Cup over, Parimatch stays committed to delivering premier sports excitement through campaigns like “Cricket Belongs to India.” Stay tuned for more action-packed tournaments and thrilling campaigns to come!

MAKTEK AVRASYA, the Region’s Largest Machine Tools Sector Event, Kicks off on 30 September

10th July 2024  Istanbul, Turkey  MAKTEK AVRASYA, dubbed “the fair of machine-making machines” is set to return for its eighth installment at the Istanbul TÜYAP Fair and Congress Center from 30 September to 5 October 2024. Centered around the concept of Digital Transformation, this year’s eagerly awaited event will include a Digital Transformation Experience Area and a Start-up Zone, highlighting the latest innovations in the industry. Additionally, the fair will feature an award ceremony for the industrial design competition, themed “Designing for Sustainable Industries”.

The 8th edition of MAKTEK AVRASYA will take place at the TUYAP Fair and Congress Center in Istanbul from September 30 to October 5, 2024, bringing together the world’s leading companies and the most important brands in the machinery industry

MAKTEK AVRASYA, short for International Machine Tools, Metal – Sheet Metal Processing Machinery, Holders – Cutting Tools, Quality Control – Measurement Systems, CAD / CAM, PLM Software and Production Technologies Fair, has already completed 99 percent of booth sales. Currently, there are more than 1,000 companies and company representatives participating.

Unlocking new market opportunities in Turkiye

The benefits of participating in MAKTEK AVRASYA are evident from the previous fair in 2022, where 51 percent of exhibitors strengthened existing business contacts and 56 percent gained new potential customers from Turkiye. This year, they aim to exceed these impressive numbers. With over 85,000 visitors expected from 90 countries, including Egypt, Algeria, Saudi Arabia, North Africa, Russia, Germany, Italy, Poland, Canada, France, Hungary, and the Netherlands, exhibitors will have unparalleled opportunities to expand their reach. Special invitations and a buyer delegation program organized by TUYAP’s foreign offices will further attract numerous industry professionals, enhancing networking and business opportunities.

This year’s theme, “Digital Transformation”, will feature a Digital Transformation Experience Zone where visitors can explore new technologies and advancements in the manufacturing industry. The Start-up Zone will provide a platform for new players in the sector to meet international leaders and pursue new collaborations, helping them advance their initiatives. The fair will also host the “Open Design Istanbul Design Competition”, organized by TIAD.

Fostering innovation with awards

Exploring the concepts of “Designing for Sustainable Industries” and the “Robotic Loading/Feeding System Design for CNC Machine Tools”, the competition encourages cooperation between industrial designers and industrialists. Awards will be presented on the first day of the fair, September 30, 2024, and the finalists’ designs will be displayed in a special digital showroom area in Hall 12A.

Visitors can obtain free online tickets from www.maktekfuari.com until July 15. After this date, online tickets and on-site registration will incur a fee. The fair will be open from 10:00 to 19:00 on the first five days and from 10:00 to 18:00 on the final day.

Manipal Academy of Higher Education Appoints Dr. Cherian Varghese as Professor and Director of Prasanna School of Public Health (PSPH)

10th July 2024  Manipal, Karnataka, India  Manipal Academy of Higher Education (MAHE) is delighted to announce the appointment of Dr. Cherian Varghese as the new Professor and Director of Prasanna School of Public Health (PSPH), effective July 4, 2024.

Dr. Varghese brings over two decades of distinguished service from the World Health Organization (WHO), where he last served as Coordinator for Noncommunicable Diseases (NCD) & determinants, and Acting Director of Healthier Populations and Noncommunicable Diseases (HPN) at the WHO South-East Asia Regional Office in New Delhi, India. During his tenure, he initiated the cardiovascular disease control program SEAHEARTS and established SEACANGRID to improve cancer control in the region.

Dr. Varghese completed his MBBS from the University of Kerala in 1985. He then earned a Diploma in Medical Radiotherapy (DMRT) and an MD in Radiation Oncology from Christian Medical College, Vellore. He holds an M.Phil. in Epidemiology from the University of Cambridge, UK, and a Ph.D. in Medicine (Epidemiology) from the University of Tampere, Finland. In 2001, he was awarded the Membership of the National Academy of Medical Sciences in Clinical Epidemiology (MNAMS), India.

Dr. Varghese began his career at the Regional Cancer Centre in Trivandrum in 1990, where he established the cancer epidemiology and clinical research unit. He initiated the population-based cancer registry in Trivandrum, identified the prevalence of HPV infection in the population, and demonstrated successful cancer screening and early detection programs.

In 2001, Dr. Varghese joined WHO and served in various positions across WHO offices in New Delhi, the Philippines, Fiji, and Geneva. As the Coordinator for the Management of NCDs at WHO headquarters in Geneva, he led efforts in integrated NCD management, developed multisectoral plans, and spearheaded initiatives such as the cervical cancer elimination initiative. He played a crucial role in developing the WHO HEARTS package, updating the WHO PEN for primary care, and introducing global initiatives for diabetes and childhood cancer.

Lt. Gen. (Dr.) M. D. Venkatesh, Vice Chancellor VSM (Retd) of MAHE, expressed his enthusiasm about the appointment, stating, “We are pleased to welcome Dr. Cherian Varghese to MAHE. His extensive experience and outstanding contributions to public health will significantly enhance the academic and research environment at Prasanna School of Public Health. His visionary leadership and profound expertise in noncommunicable diseases will be invaluable as we strive to advance public health education and research at MAHE. We look forward to the positive impact he will bring to our institution, fostering innovative solutions and driving our mission to improve health outcomes on a global scale.”

With over 90 publications and numerous prestigious fellowships and awards, including the IARC (WHO) Fellowship in 1992, the Norman Campbell Excellence Award in Population Hypertension Prevention and Control in 2019, and the WHO Regional Director’s Award for Excellence in 2023, Dr. Varghese’s contributions to public health are widely recognized.