15, Dec 2023
VAHDAM India Christmas Tea Gift Sets for the Season of Warmth and Flavor
VAHDAM India Christmas Teas Gift Set | 3 Teas
- A Christmas-special assortment of 3 award-winning tea blends.
Availability: VAHDAM India
VAHDAM India 24 Teas Of Christmas Gift Set | Advent Calendar
- A Christmas-special assortment of 24 luscious, best-selling tea blends.
Availability: VAHDAM India
VAHDAM India Advent Calendar Gift Set | 24 Variants, 24 Tea Bags
- The ultimate Christmas gift set includes 24 unique luscious blends.
Availability: VAHDAM India
VAHDAM India Advent Calendar Gift Set | 24 Variants, 120 Tea Bags
- The ultimate Christmas gift set includes 24 unique luscious blends.
Availability: VAHDAM India
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- By Rabindra
15, Dec 2023
New Menu Launch at The Terrace, Mercure Hyderabad KCP
Hyderabad: 15th December 2023: Mercure Hyderabad KCP is all set to launch a New Menu at The Terrace, which merges the attractive essence of Thai flavor spices and herbs with a rich assortment of local delicacies. The revamped menu is designed to offer a new dining experience, and features an array of options including grills, dim sums, and an assortment of local starters. The rich culinary heritage of Hyderabad, the menu proudly presents iconic dishes like Haleem and an assortment of aromatic biryanis.
Setting a new benchmark in culinary innovation, Mercure Hyderabad KCP introduces the concept of small plates and big plates to offer guests unparalleled flexibility in portion sizes. This pioneering approach empowers patrons to savour a diverse range of culinary offerings while retaining control over their dining experience. Whether enjoying Thai-inspired creations or indulging in the distinctive Hyderabadi specialties, guests can personalize their culinary journey with these versatile plate options.
To cater to varying appetites and preferences, Mercure Hyderabad KCP introduces a unique concept of small plates and big plates, ensuring guests can relish an assortment of flavors while maintaining control over portion sizes. This innovative approach allows patrons to savor a diverse range of offerings without compromising on taste or variety.
The new menu unveiling at Mercure Hyderabad KCP marks a milestone in the realm of gastronomy, inviting guests to immerse themselves in a culinary experience that seamlessly blends the best of local traditions with global inspirations.
Speaking on the new menu launch, Mr. Parag Shah, General Manager, Mercure Hyderabad KCP, stated that “We are thrilled to present this exquisite menu, introducing small plates and big plates to cater to our guests’ varied preferences while offering an unforgettable dining experience. The launch of this new menu at Mercure Hyderabad KCP not only signifies a celebration of diverse flavors but also a commitment to redefining the culinary experience for its esteemed customers of the hotel. “Our aim with this new menu is to create a culinary journey that captivates our guests’ palates, blending the vibrant flavors of Thailand with the beloved tastes of Hyderabad,”
15, Dec 2023
M3M Foundation’s ‘Share for Care’ Initiative Culminates with 12,000 Hearts Clothed in Warmth
Gurugram, December 15 2023: M3M Foundation wishes to announce the successful culmination of its initiative, ‘Share for Care,’ which commenced at the beginning of this month. The campaign focused on distributing warm clothes to over 12,000 individuals across 20 locations in the Delhi-NCR region, exceeding the initial target of 10,000 beneficiaries.
The closing ceremony took place at the Gurugram Sector 65 project, where 1,000 construction workers received warm clothes under the ‘Share for Care’ initiative. Notable attendees included Dr. Payal Kanodia, Chairperson and Trustee of M3M Foundation, Mr. Piyush Bansal & Anika Bansal from M3M Group, M3M Foundation President Dr. Aishwarya Mahajan, and other distinguished guests.
M3M Foundation’s objective was to alleviate the challenges faced by the migrant population and others during harsh weather conditions by providing warm clothes. The campaign addressed the immediate needs of the community, showcasing the foundation’s commitment to social responsibility.
On this occasion, the children of iMpower presented brilliant presentations and enthralled the audience. Lakshya Scholar and Special Olympics Gold winner Saraswati and Khelo India Para Javelin Gold winner Manjeet were also present on this occasion.
During the closing ceremony, a migrant laborer said I appreciated the campaign run by M3M Foundation which played an important role in providing relief to thousands of people from this winter. I hope that this campaign continues till next year.
Dr. Payal Kanodia, Chairperson & Trustee of M3M Foundation, said, “Earlier this month, we had set a target to distribute 10,000 warm clothes in Delhi NCR. Not only did we achieve this goal, but we also surpassed it by distributing warm clothes to over 12,000 individuals. Our commitment to leaving no one behind in society remains steadfast. We will persist with the ‘Share for Care’ initiative and stand ready to assist those in need.”
Throughout the 14-day campaign, M3M Foundation distributed clothes at more than 20 locations in Delhi NCR, including Noida and Panipat. Additionally, the foundation identified over 15 parents supporting the lifelong education of their daughters. Furthermore, a laborer was identified and appointed as an admin at the headquarters.
The ‘Share for Care’ initiative, dedicated to sharing happiness, was initiated by the late Lal Chand Bansal Ji, the founder of M3M Foundation, and has been an ongoing effort for several years.
15, Dec 2023
InfoVision secures prestigious ‘leadership’ ratings in Zinnov Zones 2023
Pune, 15th December 2023: InfoVision, a global leader in IT services and digital transformation solutions, is excited to announce its prestigious recognition in the Zinnov Zones for ER&D and Digital Engineering Services 2023 Ratings. For the second year running, InfoVision has been named a leader in five key categories, solidifying its position at the forefront of technological innovation and digital engineering.
In the comprehensive Zinnov Zones ER&D and Digital Engineering ratings, which evaluated around 60 Global ER&D Service Providers, InfoVision’s capabilities shone brightly. The company was recognized as a ‘Leader’ in the following ER&D services segments for mid-tier organizations:
· ER&D Services Service Provider (Small & Medium Service Providers)
· Digital Engineering Services Ratings 2023 (Small & Medium Service Providers)
· Data & AI Engineering Services Ratings 2023 (Small & Medium Service Providers)
· Experience Engineering Ratings 2023 (Small & Medium Service Providers)
· ER&D Services – US Ratings 2023
Moreover, InfoVision’s vast and robust portfolio in the telecommunications sector garnered acknowledgment as a “noteworthy player.” This recognition underscores InfoVision’s comprehensive expertise in the telecom space, from network design and operations to deployment and maintenance.
“We are truly honored by this recognition from Zinnov,” said Sean Yalamanchi, President, InfoVision. “Our commitment to innovation is unwavering, and we strive to consistently deliver pioneering solutions to our global clientele. Our focus on advancing gen AI technologies, coupled with our expertise in AI/ML, extended reality, IoT, and 5G, empowers us to redefine the benchmarks of digital transformation.”
Zinnov’s annual ratings are highly regarded for their rigorous assessment of service providers’ proficiency, especially in emerging areas like generative AI. This year’s ratings emphasized investments, client success, and delivery capabilities in engineering services across various horizontals, verticals, and micro-verticals in the US and Europe.
Sidhant Rastogi, Managing Partner at Zinnov, commented, “InfoVision’s leadership position in the Small and Medium Service Providers category in Zinnov’s Zones Digital Engineering and ER&D Services 2023 ratings stems from it having strategically augmented its expertise in IoT, Data Analytics, Cloud, and Security. This has helped the firm secure substantial deals, and expand its clientele across Telecom, Industrial, and Retail verticals. Furthermore, InfoVision’s MoU with IIT-Hyderabad, a leading university, reflects a strong learning culture, while enabling the firm to continually access top-quality talent, firmly cementing its position as a Digital Engineering services player to watch out for.”
InfoVision’s success in the Zinnov Zones ER&D Services 2023 is a testament to its technology expertise, confidence, and thought leadership in the realm of digital engineering and AI. The company continues to be the preferred partner for global customers embarking on digital transformation endeavours, driving innovation with quality, agility, and integrity.
15, Dec 2023
India Strategy Conference| IIM Bangalore
Day One of India Strategy Conference 2023 sees global strategy experts discuss strategic opportunities and challenges of the 21 st century
IIM Bangalore hosts iconic conference jointly with IIM Ahmedabad, ISB Hyderabad and CII Chief Strategy Officers’ Forum
15 December, 2023, Bengaluru: IIM Bangalore, jointly with IIM Ahmedabad, ISB Hyderabad and Confederation of Indian Industry Chief Strategy Officers’ Forum (CII CSO Forum), is hosting the India Strategy Conference 2023 (ISC 2023), from 14 th December to 17 th December 2023, at the IIM Bangalore campus. The Co-chairs of the India Strategy Conference 2023 are Prof. Rejie George Pallathitta, IIM Bangalore; Prof. Prateek Raj, IIM Bangalore; Prof. Amit Karna, IIM Ahmedabad, and Prof. Chitra Singla, IIM Ahmedabad, all faculty from the Strategy area.
In the inaugural address, Dr. Michael Hitt said “There is a new age of globalization, where countries are more parochial, the distribution of economic power is dynamic and there is greater digitalization. History has shown that creativity and ingenuity born of entrepreneurship are often enhanced in challenging times, contributing to positive market opportunities and stronger competitive advantage over time.”
How to Successfully Navigate a Doctoral Program
Dr. Sumit K. Kundu, James K. Batten Eminent Scholar Chair in International Business, Florida International University, Miami, US, took the audience through a session on, ‘Successfully Navigating a Doctoral Program: A Personal Reflection’. He focused his talk on both the research and teaching aspects.
He listed the must-haves of research as what he termed the Five ‘I’s of Research. “Research has to be impactful, insightful, innovative, interdisciplinary and integrative. To publish in top tier journals, the key components are strong, logical argument and consistency with norms of target journal. Acceptance and rejection are based more on argument, when compared to analysis.” Prof. Kundu also highlighted the key considerations for publishing and how to choose a journal.
The session was followed by the comprehensive ‘Methods in Management’ workshop which focused on workshops teaching and discussing the state-of-the-art qualitative as well as quantitative methods used in management scholarship.
Prof. Rishikesha T Krishnan, Director, IIMB, and the Co-chairs of the conference formally inaugurated the evening session. The evening session was followed by a ‘Panel of Veteran Scholars’, including Dr. Raveendra Chittoor, Dean, School of Professional Studies & Executive Education, Jio Institute, Prof. S Raghunath, former faculty of the Strategy area, IIMB, Prof. J Ramachandran, former faculty of the Strategy area, IIMB, Prof. Sougata Ray, faculty, Indian School of Business, and Prof. Chitra Singla, IIM Ahmedabad.
Highlights of upcoming sessions
On the second day, CII CSO will conduct the sessions during which prominent industry leaders would share insights on shaping strategies in a disruptive world. The key themes will include Turbocharging Technology and Digital Disruption, Embracing Sustainability and Capitalizing on Global Opportunities.
The last two days of the conference will include over 150 academic presentations across six tracks including technology, innovation and digital transformation, ESG and non-market strategy, business and corporate strategy, internationalization and global strategy, family business and entrepreneurship, and leadership and human capital.
As part of the event, on 16 th December, there will be a Carnatic flute SPICMACAY concert by Vidwan Sri Mysore A Chandan Kumar. SPICMACAY, which stands for Society for the Promotion of Indian Classical Music and Culture Amongst Youth, is a non-profit organization dedicated to promoting awareness and appreciation of Indian classical music, dance and culture among the youth of India.
15, Dec 2023
Infibeam Avenues Ltd. Ventures into Capital Market Tech, Secures 49% Stake in Pirimid Fintech
Bengaluru , December 15, 2023 – Infibeam Avenues Ltd, a listed fintech company, announces its strategic foray into the capital markets and digital lending software market by acquiring a significant 49% equity stake in Pirimid Fintech, investing Rs 25 crore to solidify this strategic partnership.
This move is in direct response to the surging demand in the thriving global capital markets for cutting-edge secured and zero latency AI-backed software to streamline trading, research and investment processes. Artificial Intelligence (AI) is transforming the capital market, with stockbrokers, mutual funds, corporate treasuries, and investment banks using AI backed trading software for algorithmic trading strategies, which not only boosts performance, accuracy, and returns but also enhances compliance, fraud detection and prevention.
Alongside its established presence in the capital markets technology space, Pirimid Fintech is also making significant strides in the digital lending sector with capabilities around modern loan origination systems, data sourcing and advanced business rule engine (BRE). Leveraging the expertise and technological foundation provided by Infibeam Avenues, Pirimid Fintech is poised to develop innovative digital lending solutions to streamline the lending process, offering faster and more efficient credit disbursement, enhanced customer experience, and improved risk management through advanced data analytics and AI algorithms.
Pirimid Fintech caters to a diverse clientele across global and domestic capital markets. The company specializes in developing customized capital markets and digital lending products, tools, services, and workflows to meet specific client needs. Notable clients include BidFX, a subsidiary of the prestigious Singapore Exchange (SGX), as well as financial institutions like Bank of Baroda and Indian fintech player Lendingkart.
Expressing his enthusiasm, Mr. Nirav Prajapati, CEO, Pirimid Fintech said, “We are very excited about this investment and strategic partnership with Infibeam as they are leaders in digital payments developing cutting-edge AI solutions for financial transactions. Their expertise in building highly secured and scalable technology frameworks will enhance our capabilities and their proven technology solutions will seamlessly integrate with our robust tech solutions, effectively addressing the rising demand for risk mitigation and enhanced operational safety in online capital market trading & digital lending systems.”
This strategic partnership will integrate Infibeam’s digital payments and AI-based frameworks with Pirimid Fintech’s capital market trading software for its clients in India and globally. This integration aims to not only improve the performance of Pirimid Fintech’s clients but also address and meet regulatory concerns regarding the safety and security of stock market trading. Globally, market regulators are prioritizing trust, security, and risk management in capital markets. As per Juniper Research forecasts the AI-driven financial fraud detection sector to grow from $6.5 billion in 2022 to $10 billion by 2027, marking a substantial 57% increase.
Unlocking Additional Revenue Streams: Infibeam Avenues Seizes Compelling Growth Opportunities.
The strategic investment promises to propel the company not only to new heights in the capital market technology space and positioned itself as a key player in the evolving landscape of capital market technology but will also offers an opportunity to build upon its existing payments and platform business for this new business vertical.
“Pirimid has built a robust product for capital markets stakeholders and this strategic investment opens up a compelling growth opportunity to capitalize on our existing digital payments and platform solutions, by creating a synergy with the Capital market tech products,” said, Mr. Vishal Mehta, Chairman & Managing Director, Infibeam Avenues Ltd.
Infibeam Avenues Ltd, which had processed worth US$54 billion of transaction in FY23, expects to witness an increase in its payment processing business through this strategic investment. The company will plug-in or offer its flagship payment gateway brand – CCAvenue with Pirimid Fintech’s capital market & digital lending tech software products for its end user clients, which would upsurge the payment transaction processing volumes, resulting into revenue increase from Infibeam’s payment business.
Globally, capital market or stock market processes multiple payment transactions per day, much higher than the ecommerce or offline payment channels like POS. According to various market research, the global online trading platform market reached a valuation of $8.9 billion in 2021 and is anticipated to reach $18.4 billion by 2031. This represents a compound annual growth rate (CAGR) of 7.8% from 2022 to 2031.
15, Dec 2023
COP28 Quote I Waaree Energies
Attributed to Mr. Hitesh Doshi, Chairman and Managing Director, Waaree Group
“COP28 certainly marks a landmark moment in the global battle against climate change. The commitment to triple the world’s green energy capacity to 11000 GW by 2030. The world over, solar energy has been identified as one of the key fuels of a sustainable future. Collaborations and partnerships between industry players and governments across the globe will be critical to ensure the continued evolution of the solar energy sector. As one of the world’s leading solar manufacturers, Waaree Energies is well-placed to make a significant contribution towards climate change mitigation, in India and globally, and to help facilitate an inclusive clean energy transition.”
15, Dec 2023
Shree Cement commissions one of the largest Kiln with a capacity of 11,500 Tons per day at its new integrated plant at Nawalgarh, Rajasthan, taking company’s cement capacity to 53.4 million tons
15th December 2023: Shree Cement Limited, one of India’s largest cement group, proudly announces the commissioning of the kiln at its new integrated production facility in Nawalgarh, Rajasthan. Boasting a remarkable rated capacity of 11,500 tonnes per day, this kiln stands among one of the highest capacity units in the world. Equipped with cutting-edge technology, the kiln facilitates multi-fuel operations, including the usage of alternative fuels, and ensures energy efficiency.
Established with an investment of approximately ₹3,500 crore, the plant has a capacity to produce 3.5 million tonnes of Cement per annum. The company has invested on a 33 MW waste heat recovery-based power plant which contributes to electricity generation without consuming fossil fuels, utilizing waste gases from the clinkerisation process. Strategically situated in the North-Eastern part of Rajasthan, bordering the State of Haryana, the plant provides a strong logistical advantage and will help in reducing the delivered cost. This marks the start of the company’s fifth integrated production facility, reinforcing its commitment to technological excellence and sustainable practices while developing above 80 million tons of cement capacity.
On this occasion, Mr. Neeraj Akhoury, Managing Director, Shree Cement Ltd. said, “In our pursuit to become an 80 million tonnes company by the year 2028, we are excited to announce commissioning the kiln in our new integrated facility at Nawalgarh, Rajasthan. This state-of-the-art facility is the most modern plant of the Company and shall significantly boost the operational performance of the Company. Owing to its proximity, this facility is well suited to cater the high consumption cement markets of the National Capital Region, Punjab, and Haryana apart from strengthening the Company’s customer servicing capability in Rajasthan.”
Following this expansion, Shree Cement Limited boasts a network of five integrated facilities spanning Rajasthan, Chhattisgarh, and Karnataka. With the commencement of cement production at the Nawalgarh facility, the company’s total cement production capacity in India has risen from 49.9 MTPA to 53.4 MTPA, solidifying its position as a key player in the cement industry.
15, Dec 2023
Meghalaya Garners Recognition in State Energy Efficiency Performance at National Energy Conservation Awards 2023
National, 15th December 2023: In acknowledgment of its exceptional performance in the State Energy Efficiency Index, the state of Meghalaya has been awarded the second prize in the State Energy Efficiency Performance Award (Group 4) at the esteemed National Energy Conservation Awards (NECA) 2023. This distinguished ceremony took place at Vigyan Bhawan, New Delhi, in the esteemed presence of The Hon’ble President of India, Smt. Droupadi Murmu. This noteworthy achievement underscores Meghalaya’s steadfast dedication to energy conservation and efficiency. The NECA, an annual event observed on “National Energy Conservation Day,” recognizes commendable efforts in energy conservation spanning various sectors of the economy.
The National Energy Conservation Day and the Awards are being organized by the Bureau of Energy Efficiency (BEE), under the Ministry of Power, Government of India, which is delegated as per the Energy Conservation Act 2001, to regulate and promote energy efficiency and its conservation in India. Every year on 14th December, these Awards are given by the Government of India to various sectors of the economy, recognizing the exemplary efforts on Energy Conservation in the country by these sectors.
Expressing his jubilation, Shri Abu Taher Mondal, Hon’ble Minister of the Department of Power, Government of Meghalaya, stated, “The State Energy Efficiency Performance Award reflects our commitment to sustainable practices and energy conservation, motivating us to persist in our endeavors towards a greener and more energy-efficient future. Meghalaya has consistently spearheaded sustainable energy initiatives, recently launching a Rs 500 crore Solar Mission to ensure a sustainable power source in the state. Furthermore, in the realm of hydro energy, the commissioning of the 33/11kv, 1×2.5MVA substation at Krang village, with a total investment of Rs. 6.60 Crores has facilitated the seamless transfer of 2549 households from Krang and its adjoining villages.”
Meghalaya is heavily dependent on the hydro power for its power procurement and hence has been generating the green power. Further to harness the Solar Power, Meghalaya had planned solar parks at two locations with capacity of 20 MW each i.e., Suchen and Thamar. The Distribution losses in MePDCL has been reduced gradually recent years. Compared to the distribution losses 25% in the financial year 2021–2022, the distribution loss in the financial year 2022–2023 was 16%. Several measures has been take to improve Billing efficiency also. The draft Energy Conservation Building Code (ECBC) is under consideration for implementation. A Demand Side Management Cell also established in MePDCL under assistance of the Bureau of Energy Efficiency, New Delhi to formulate suitable business model to adopt DSM activities. The Publicity and Awareness activities are being carried out by the SDA regularly.
Shri Sanjay Goyal, IAS, Commissioner and Secretary, Power Department, Govt. Of Meghalaya, remarked, “This recognition is a testament to our unwavering commitment to fostering a sustainable and resilient power infrastructure. The objective is not only to meet the energy requirements of the community but also to establish a foundation for enhanced service reliability and overall progress in the region.”
Apart from this, the Government notified the Meghalaya Energy Conservation Regulation-2017 with the objective to promote use of BEE Star level appliance in public procurement and ban uses of incandescent lamp and inefficient magnetic-wire chock of Tube lights.
Government of Meghalaya recently launch The Meghalaya Electric Vehicle Policy 2021 aims to have 15% of the state’s vehicles be electric by 2025. The policy offers purchase incentives for early adoption of EVs based on the energy capacity of the battery.
15, Dec 2023
Revamp Moto’s Next-Gen EVs to be Powered by the Bolt.Earth OS for a Superior EV Riding Experience
15th December 2023: In a recent collaborative initiative, Revamp Moto is delighted to announce its partnership with Bolt.Earth to seamlessly integrate a robust Operating Stack into their existing vehicles. This strategic alliance aims to redefine vehicle capabilities within the EV industry, enhancing vehicle efficiency and delivering a smarter, more intuitive experience for their end-users.
Speaking on this exciting collaboration, Mr. Pritesh Mahajan, CEO & Co-founder of Revamp Moto commented saying, “Bolt. Earth’s cutting-edge technologies align with Revamp’s commitment to delivering reliable, modular, and connected EVs. This integration will allow Revamp Moto to introduce and offer a suite of new offerings including enhanced vehicle and fleet management systems, smart instrument clusters, and an advanced companion app for our current and potential customer base. We are excited about partnering with Bolt. Earth as this collaboration represents a big leap forward in further enhancing our vehicle management systems, fleet operations, and overall customer experience.”
This collaboration is expected to benefit over 250,000 Revamp customers by 2025, presenting a mutual advantage for both Bolt. Earth and Revamp. The Bolt. Earth OS includes a suite of smart vehicle capabilities to Revamp’s EVs, including advanced SLED clusters, a feature-rich Companion App, and comprehensive fleet and vehicle management systems. These offerings will deploy anti-theft measures, Over-The-Air (OTA) updates, Bluetooth connectivity, and detailed ride statistics, setting a new standard in the automotive sector.
“The collaboration with Revamp marks a milestone for Bolt. Earth in extending our technology to a wider audience,” stated Jyotiranjan Harichandan, Co-Founder of Bolt. Earth. “Our OS stack and the innovative SLED Instrument Cluster will equip Revamp’s customers with better connectivity, and smart vehicle functionalities and would enable their customers with an intuitive riding experience.”
Among the ongoing partnership efforts, the Bolt. Earth Companion App integration promises a seamless and user-friendly interface, benefiting fleet operators and end users alike, thereby elevating the overall EV experience. Through this collaboration, Revamp customers will also gain access to Bolt. Earth’s vast network of over 30,000 charging points. While the VMS will serve as a centralized master control for all vehicle parameters, the Fleet Management System is aimed at ensuring streamlined operations for Revamp’s fleet.
The Revamp and Bolt. Earth partnership is more than a union; it’s a springboard to a future where dynamic EV technology leads to an intuitive, smarter vehicle experience. This collaboration is a big milestone towards building a future where electric vehicles are the norm, not the exception.
