13, Dec 2023
Smart home startup Aliste Technologies raises $1 million from YourNest Venture Capital and Artha Venture Fund
13th December 2023: Smart home automation startup Aliste Technologies has raised $1 million in a round led by YourNest Venture Capital and Artha Venture Fund. The round also saw participation from renowned investors like Dholakia Ventures, KRS Jamwal, and Anikarth Ventures, among others. Existing institutional investors in the company include 100X.VC. Aliste, which has built a strong presence in NCR & has now expanded to Bangalore, is seeing phenomenal growth owing to its subscription-based model for its customers.
Founded in 2021 by VIT batchmates Aakarsh Nayyar, Anant Ohri, Bhavya Kansal, Konark Gautam, Shreyansh Jain, and Udit Pandoh, Aliste Technologies is addressing the home automation market to make tech-enabled homes within the reach of homeowners and businesses looking to provide an upgraded customer experience and save energy. The brand offers innovative retrofit automation products allowing users to control their existing appliances via an app or voice assistants with a subscription model starting at ₹1 per appliance per day. Their footprint currently spans over 2,500 residential, commercial, and hospitality projects with clients like The Taj group of hotels, Vouchagram India, and Stanza living in their portfolio.
Anant Ohri, Co-founder of Aliste, said, “We see a major gap in the consumer IoT segment in India. As aspirations of working Indians soar, we believe our solution has the ability to not only provide a well-packaged automation solution but also result in energy savings. Aliste’s products are designed with the luxury and convenience of its users in mind while providing 10 – 15% savings on their monthly electricity bills. Our aim is to save electricity worth $1 Million by 2025.”
Commenting on the fundraise, Sunil K. Goyal, Managing Director & Fund Manager, YourNest Venture Capital, said, “Aliste’s innovative low capex and subscription model makes it unique and gives it the capability to scale at a rapid pace by targeting young adults in the expanding high-income and upper/middle-income demographics across India. The founding team has already been solving this problem for the last three years since their final year of college and has the motivation and energy to create a large global organization.”
Anirudh A. Damani, Managing Partner at Artha Venture Fund, adds, “We see unprecedented growth in the automation market from different angles. In the last 5 – 7 years, Indian consumers have warmed up to subscription-based services. Aliste has been able to tap into this changing consumer behavior and has also managed to keep it affordable. Even on the B2B side, as more Indians resume travel, they expect a high-end experience from the hospitality sector, and hotel chains are well aware of this changing scenario. The surging demand for automation in residential and B2B channels and Aliste’s approach to leveraging the market opportunity with a subscription-led model prompted us to invest in the company.”
Ninad Karpe, Partner, 100X.VC, said, “The home automation industry is a rising sector in India. Aliste Technologies has carved a niche for itself with its innovative subscription-based model in this market. The company has achieved the unimaginable by introducing home tech that is not only convenient but also affordable for customers. We are happy to be a part of their progressive journey and are looking forward to extending our support in all ways possible.”
High capex is one of the biggest reasons why smart home adoption in India remains one of the lowest in the world. With sub-1% adoption of smart homes in India, Aliste Technologies is addressing an enormous market opportunity while making home automation affordable and accessible. At a subscription cost of just ₹1 per appliance per day, a typical 3 BHK can now get automated at just ~₹ 500 per month, compared to a conventional automation route requiring homeowners to shell out upwards of ₹ 1 lakh in a single go.
Aliste Technologies is showing phenomenal growth owing to its subscription-based model for its customers. It has a strong presence in the Delhi-NCR region and has recently entered the Bangalore market. With the freshly infused capital, the company intends to spread its footprints pan-India and boost brand awareness initiatives.
- 0
- By Rabindra
13, Dec 2023
Indian Organizations Say Hybrid Cloud Approach is Critical to Unlock the Power of Generative AI: IBM Report
Bengaluru, India, December 13th, 2023 — A new global survey from IBM (NYSE: IBM) revealed that in India, 64% of hybrid cloud users have a formal, organization-wide policy and/or approach for the use of Generative AI (GenAI). However, barriers that once slowed down hybrid cloud adoption are now impeding the implementation of GenAI. Cloud leaders are concerned about the challenges associated with the privacy and confidentiality of data and information when adopting GenAI. In addition to the ability to unlock the power of generative AI being cited as one of the key benefits of a hybrid cloud approach, leaders agreed that a cloud environment is essential for managing sustainability initiatives at an enterprise level, but workforce deficiencies in cloud skills are impacting implementation.
The IBM Cloud Transformation Report 2023 commissioned by the IBM Institute for Business Value and conducted by independent research firm, The Harris Poll, was created to help organizations map their cloud transformation and empower them to self-classify their progress. Built on a foundation that leverages insights from experienced cloud professionals, enterprises can use the Index to gain measurable metrics that can help quantify their progress and uncover areas of opportunity and growth. Over 3,000 IT and business decision-makers in 12 countries and across 23 industries were surveyed.
“As GenAI gains momentum in India, organizations need to harness the power of a robust hybrid cloud approach to tackle challenges that are coming to the forefront. Investing in the right cloud technologies and tools will help businesses tackle increasing security and compliance concerns and deliver on their sustainability goals,” says Viswanath Ramaswamy, Vice President – Technology, IBM India & South Asia. “As evidenced by the report, hybrid cloud models aided by the right talent capabilities will play a huge role in shaping the success of business transformation initiatives. It is heartening to see that about 85% of respondents have said they are creating new job positions to fulfill the need for cloud skills in this Generative AI era.”
The IBM Cloud Transformation Report 2023 – India Findings
Need for Cloud Skills Takes Center Stage
In India, on average 68% of the business leaders surveyed agreed that lack of cloud skills remains a considerable challenge in their digital transformation journeys, which is higher than the global average of 58% – ranking second to only Japan (75%). However, the strong intent of Indian businesses to overcome this obstacle to innovation is becoming evident – about 85% of the surveyed organizations said they have created new positions to fulfill the need for cloud skills. Indian organizations are leading the efforts to close the skills gap, followed by those surveyed in the United States of America (80%), United Kingdom (77%), Germany (72%), Spain (72%) and Australia (70%).
Security and Compliance Concerns Slowing Down GenAI Adoption
As businesses ramp up digital transformation efforts in a rapidly evolving cyber threat landscape and strive to remain compliant with cybersecurity laws, they are also concerned about the exposure of sensitive data. In India, about 36% of cloud leaders expressed concern about cybersecurity or the privacy and confidentiality of data and information when adopting GenAI. In fact, 60% of cloud leaders cite security and compliance as reasons for moving certain workloads from public clouds to private clouds or on-premises data centers, which represents an increase of 18% from the previous year.
Leveraging the Cloud for Sustainability Initiatives
As the adoption of GenAI grows, the data processing power required for AI workloads can present new challenges to organizations that are looking to reduce their greenhouse gas emissions. Using the right tools for tracking, managing, and reporting on sustainable goals – including for partners and third parties – has never been more important. In fact, 43% of decision-makers surveyed in India agreed that they use the cloud to help deploy, track, and manage sustainability goals internally, while 44% say they use the cloud to help deploy, track, and manage sustainability goals for third parties.
Organizations surveyed recognize the role that strong technology partnerships play in helping them achieve their sustainability goals. About 92% of the organizations surveyed in India agree that open innovation with business partners is the biggest driver for sustainability initiatives – with India ranking the highest of all countries surveyed alongside Brazil.
Methodology:
The “Cloud Transformation Report,” is a new global survey from the IBM Institute for Business Value (IBV). Survey data was collected online from 3,018 IT and business decision-makers in 12 countries and across 23 industries by The Harris Poll on behalf of IBM and the IBM Institute for Business Value (IBV) in May/June 2023. Industries included financial services, manufacturing, government, telecommunications, and healthcare, to understand where organizations are advancing, or merely emerging, on their transformation journeys.
13, Dec 2023
LG Electronics joined forces with Traffic Police to make a significant impact on road safety
13th December 2023 – LG Electronics, India’s leading consumer durable brand, has partnered with Traffic Police and SHARE (NGO) to promote traffic safety and raise awareness. Throughout the month of November, LG Electronics was committed to spreading the importance of following traffic rules and regulations in Gautam Budh Nagar. LG has covered 25 areas in GB Nagar and elevated the awareness of over 2000 people.
Recognizing the alarming statistics that reveal 80 out of 100 deaths are attributed to road accidents, as part of this initiative, local traffic police officers highlighted the responsible behaviour of drivers to decrease the instances of road accidents and enhance regional road safety. The campaign aimed to reduce road accidents and improve overall road safety in the region.
An innovative element of this campaign involved the incorporation of a brief street performance showcasing two characters, Yamraaj and Yamdoot, that creatively discussed the effects of disregarding traffic rules. Through the use of humour and relatable scenarios, the play aimed to capture the public’s attention and emphasize the importance of responsible driving habits.
Commenting on the initiative, Mr. Hong Ju Jeon, MD- LG India said, “At LG Electronics, we advocate for a culture centered on responsibility and awareness that goes beyond simply adhering to traffic regulations. Our partnership with Traffic Police demonstrates our dedication to fostering an elevated awareness of how responsible road behaviour significantly influences the overall well-being of our community. Together, we can make a lasting impact on road safety, ensuring that our roads become spaces where everyone arrives at their destination safely.”
Mr. Shyamjeet Singh, Assistant Commissioner of Police (Traffic), expressed his support for the initiative, stating, “Advocating for traffic safety is a shared obligation, and endeavours such as these by LG Electronics, play a pivotal role in fostering awareness. We urge everyone to prioritize road safety, adhere to traffic regulations, and actively contribute to the overall safety of our roads.”
This initiative highlights LG’s pledge to support local communities. Previously, to promote sustainable innovation through its green products, LG created a model roundabout for environment protection near LG’s factory in Greater Noida and conducted sensitization programmes like street plays to urge people to follow traffic rules to stay protected.
13, Dec 2023
P&G India Implements Tech-Enabled Digital Remedial Learning Program in Tribal Communities To Bridge Learning Gaps in Children
National, December 13, 2023: Procter & Gamble India (P&G India), makers of brands like Whisper, Tide, Gillette, etc. today announced that as part of its flagship Corporate Social Responsibility (CSR) program P&G Shiksha, it is equipping nearly 80 government schools located in tribal communities across Maharashtra and Telangana with ‘Mindspark’ – an artificial intelligence-enabled remedial learning tool, to help bridge learning gaps in underprivileged children. The tool integrates pedagogy, teacher instruction, and a learning management system to assess a student’s learning level and develop a customized learning path for each one of them.
P&G Shiksha is setting up the unique ‘P&G Shiksha Mindspark Labs’ with its implementing partner Educational Initiatives (EI) and State Government Bodies, to empower tribal students in remote and underserved areas of Maharashtra and Telangana through access to quality education in line with the UN Sustainable Development Goals (UN SDG 4).
Studies indicate that students in schools often fall behind in keeping pace with their classes, developing a gap in the fundamental conceptual understanding. When the child falls behind and the current learning level is not in line with the expected learning level as per the defined curriculum, a learning gap gets created. If not addressed, this can lead to a lack of adequate education or even dropouts. P&G Shiksha focuses on improving learning outcomes as part of its 360-degree holistic educational interventions, in line with the Government’s Samagra Shiksha Abhiyan.
As part of this, it is implementing unique and innovative programs like ‘Mindspark’ to minimize learning gaps and improve learning outcomes in children. The ‘Mindspark’ program is implemented in partnership with Education Initiatives, and the respective State Governments. The State Governments provide the Infrastructure in Information and Communication Technologies (ICT) to government schools, which is thereafter equipped with the Mindspark tool by P&G Shiksha and Educational Initiatives, to create a customized learning path for every child, as per their unique pace and journey of learning.
Following the International Volunteer Day, LV Vaidyanathan, CEO, of P&G India inaugurated one such ‘Model P&G Shiksha Mindspark Lab’ at the Government Ashram School in Bhinar, near Thane in Maharashtra, in the presence of senior officials from P&G and EI. During the inauguration celebrations, P&G India, and EI, recognized and felicitated academically top-performing students, while employees of P&G India also volunteered their time towards organizing engaging activities for the children where they answered the curious minds of the students and shared their life journeys with them.
LV Vaidyanathan, CEO, P&G India said, “We truly believe that the most meaningful way of doing business is to improve lives, be it through our superior portfolio of daily use products, or by creating a positive impact for the communities we operate in. Through P&G Shiksha, we have made a longstanding commitment to education, which is also our way of contributing to the social development of the country. In line with this, P&G Shiksha has embarked on a mission to empower children and enable them to improve their learning outcomes via Mindspark. We do this in partnership with EI, curating a model that is not only replicable and scalable but, most importantly, delivers results.”
He further added, “The recent International Volunteer Day celebrations emphasize upon our belief of leaving no child behind and reaffirms education’s role as an enabler for the next generation’s brighter future. We seek to ensure that children from underserved communities also have access to tools and resources that can help them make the most of education and stay at par, or better even, excel. By working together, we aim to empower tribal communities and contribute to their holistic and sustainable development in the long run.”
Pranav Kothari, CEO, of Educational Initiatives said, “We are delighted to bring ‘Mindspark’ to the tribal communities of the country together with our longstanding partner P&G Shiksha. Tribal communities face unique challenges and disparities in their journey toward education and holistic development given the balance between traditions and modern needs. Tribal schools are located in remote regions where access to quality education is plagued by a lack of infrastructure, and inadequate resources and teachers who may not know the tribal language or culture. In this context, it is imperative to drive interventions that can provide tailored assistance to individual children, fostering an environment where children receive personalized learning experiences and study meaningfully within their linguistic and cultural contexts. The ‘Model P&G Shiksha Mindspark Lab’ is an intervention that aims to deliver on this very need.”
Providing early-age education through technology equips children to pursue their career aspirations upon graduation, significantly reducing the likelihood of school dropout. This approach substantially enhances their employability prospects, leading to a multitude of positive life outcomes. The initiative envisions a future where tribal communities experience improved education, enhanced quality of life, economic sustainability, cultural preservation, and increased social inclusion. Through the collective efforts of P&G Shiksha and Ei Mindspark, the initiative aims to empower tribal communities and contribute to their holistic and sustainable development in the long run.
Through P&G Shiksha, P&G India has been working to provide access to education to underprivileged children since 2005, impacting over 35 lakh children in doing so. P&G Shiksha and Educational Initiatives piloted the ‘Digital Remedial Learning Program’ in 2017, by equipping over 30 schools with Mindspark. Producing significant outcomes over the years, the Program now benefits over 75,000 children across hundreds of schools in the country, including more than 20,000 students from the tribal communities.
13, Dec 2023
Unicommerce powers Cult.fit platform’s e-commerce operations
New Delhi, 13 December 2023: India’s leading fitness services and products platform, Cult.fit, has partnered with Unicommerce to streamline its supply chain operations for its smart fitness products under the Cult.sport segment. Cult.fit platform will manage its orders and warehouse operations through the Unicommerce platform, accelerating order processing and elevating the post-purchase experience for its end consumers.
The Unicommerce platform will help manage the entire cult.sport product range, including high-quality sportswear, versatile home exercise gear, gym equipment, bicycles, and a range of nutraceuticals. With Unicommerce’s order management and warehouse management solutions, the brand will be able streamline its warehouse operations which will lead to faster processing of orders. The platform has currently integrated 25+ warehouses located across the country on the Unicommerce platform and processes over 50,000+ orders in a month.
With the growing popularity of fitness products and services in the Indian market, cult.fit platform has been witnessing high demand for its wide range of sportswear, gym accessories and health products. Unicommerce’s technology will smoothen operational challenges such as unsynchronised inventory, order allocation, bulk order management, logistics management and return orders management by integrating all of its warehouses onto a single platform, allowing it to allocate orders to the nearest warehouse automatically and streamline its order management processes.
Regarding the partnership, Kapil Makhija, CEO of Unicommerce, said, “Cult.fit has redefined the workout experience for sports and fitness enthusiasts. We are delighted to partner with Cultfit platform and deploy an effective supply chain system that helps automate supply chain processes and enhances capabilities to handle their rising orders. Our adaptable and resilient product framework provides a competitive advantage, positioning us as the preferred solution for businesses aiming to expedite their growth.
Unicommerce, with its robust technology, is reshaping India’s new-age retail industry. Unicommerce’s extensive integration network across marketplaces and carts, POS systems, 3PL service providers, ERPs, and POS systems has simplified the post-purchase journey for thousands of brands. The company has witnessed growth in its international business with a growing client base in the Middle East and Southeast Asia.
13, Dec 2023
Kyndryl and HIAL Empower Ladakh’s Youth with Entrepreneurial Skills
Bengaluru, 13 December 2023 – Kyndryl, the world’s largest IT infrastructure services provider, today announced a collaboration with the Himalayan Institute of Alternatives Ladakh (HIAL) to empower Ladakhi youth with real-world entrepreneurship skills that can solve region-specific problems and support sustainability goals.
As part of its Corporate Social Responsibility outreach Kyndryl will support the “HILLs Fellowship in Integrated Mountain Development”, HIAL’s flagship program. The commitment involves sponsoring students enrolled in the program as well as providing career guidance. Kyndryl’s volunteers will also support the students with tech and non-tech assistance as required.
Residents of Ladakh and other Himalayan mountain regions need customized learning approaches and skills to overcome the unique social and environmental challenges native to their environment. The 11-month immersive program bridges this skills-gap by focusing on hands-on practical learning that builds expertise in specific topics such as environmental studies, sustainable entrepreneurship, responsible tourism, and eco-responsive architecture to help students become social entrepreneurs.
“HIAL’s reputation for building frugal innovation projects is something that impressed me, and we are excited to work closely with them. This engagement will empower Ladakhi youth with the skills, insights, and training to become social entrepreneurs for their region. The values and vision of HIAL and the HILLS Fellowship align with our own focus areas of corporate social responsibility future-forward education, inclusive economy, and climate action,” said Lingraju Sawkar, President of Kyndryl India.
“By investing in the education and development of Himalayan youth, Kyndryl is building a skilled and innovative workforce that can contribute to India’s economic growth. This program will empower these young people to harness their potential and be drivers of sustainable development. Many of our graduates embark on their own successful ventures, becoming social entrepreneurs that provide employment for others in their communities,” said Sonam Wangchuk, Founding Director of HIAL.
“Our curriculum differs from the traditional system in its focus on innovation, creativity and practical learning. We aim to create a young workforce capable of intelligent problem- solving, sustainable living and independent thought. With support from Kyndryl, we aim to make these education courses more accessible to the local student population.” said Gitanjali J B, Co-Founder, CEO and Dean, HIAL.
13, Dec 2023
Air India Unveils Fashion-Forward Crew Uniforms To Mark The Arrival Of A New Era In Inflight Couture
Bangalore, 13 December 2023: Air India, India’s leading global airline, today unveiled its much anticipated, brand-new collection of uniforms for cabin and cockpit crew, marking the arrival of a new age of inflight couture.
Crafted by Indian celebrity couturier, Manish Malhotra, in his Mumbai atelier, the new uniforms feature an array of colours and timeless designs. The collection mirrors a rare, harmonious blend of rich Indian heritage and aesthetics with 21st-century style, elegance, and comfort.
The new uniforms will be introduced in a phased manner over the next few months, starting with the entry of service of Air India’s first Airbus A350.
Campbell Wilson, Chief Executive Officer & Managing Director, Air India, said: “Air India’s crew uniforms are amongst the world’s most storied in aviation history, and we firmly believe that Manish Malhotra’s innovative ensemble will script an exciting new chapter for Air India’s future narrative. It perfectly captures the essence of our new identity, service principles, and our pursuit of setting new benchmarks in global aviation.”
Malhotra’s take on modern Indian style complements Air India’s recently unveiled new global brand identity as the flag-bearer of a more confident, progressive, and resurgent new India.
The female cabin crew attire features a ready-to-wear ombré saree with intricate patterns reminiscent of Indian heritage architecture (jharokha) and the Vista (new Air India logo icon), paired with a comfortable blouse and blazer. The ready-to-wear sarees can be optionally worn with comfortable pants, which provides greater flexibility to the female cabin crew to choose the style they most identify with and brings a unique East-meets-West look.
The ombré sarees for the senior female cabin crew will be aubergine-to-burgundy, combined with aubergine blazers, exuding a balance of authority and sophistication. Conversely, the junior female cabin crew will wear vibrant red-to-purple ombré sarees combined with red blazers, embodying youthfulness and energy.
Manish Malhotra said: “I am honored to have been given the opportunity to design the uniforms for Air India. It is a privilege to be able to contribute to the national flag-bearer and showcase the elegance and charm of Indian fashion. My aim was to create uniforms that capture the essence of India’s diverse culture and traditions while also embodying a modern and sophisticated look. By incorporating quintessential hues that are symbolic to India, I hope that these uniforms not only make the crew feel proud but also leave a lasting impression on the guests, representing the warmth and hospitality that India is known for.
The hallmark technique of ombrés is a signature attributed to Malhotra, reflecting his deep-rooted fondness for traditional attire and gradients. The color palette of the new uniforms comprises deep red, burgundy, aubergine, and accents of gold, paying homage to India’s rich cultural heritage.
The well-fitting uniforms for both male and female cabin crew are practical and suited for them to perform in-flight duties with ease of movement. The new uniform designs were developed in close consultation with Air India’s cabin crew representatives and the airline’s In-flight Services team, who also conducted an extensive testing exercise for the new designs.
The cockpit crew’s uniform features a classic black double-breasted suit with a print inspired by the Vista, signifying professionalism, timelessness, and the gravitas of the flying profession.
Malhotra has also curated footwear that blends style and comfort, allowing each step to resonate with the grace and poise inherent in Air India’s sartorial overhaul. The female cabin crew will wear dual-tone (black and burgundy) block heels, and the male cabin crew will wear comfortable black Brogues. The uniforms include pearl earrings and sling bags for female cabin crew.
“Air India has been in the world’s spotlight for some time. We are confident that our new crew uniforms will rise to the heightened expectations, distinctly making a statement that defines the very best of Indian heritage and hospitality. Travellers across continents will be able to instantly recognise these uniforms as the new Air India,” Campbell Wilson said.
Malhotra has meticulously crafted uniforms not only for Air India’s cabin crew and pilots, but also for ground staff, engineers, and security personnel, which will be revealed in due course.
Sustainability and quality have been the cornerstones of the design and production process of these new uniforms. All fabrics and garments are proudly sourced and tailored in India.
13, Dec 2023
Hikvision India showcases latest AIoT Products and Solutionsat IFSEC, UnveilsIDP-D5C, LCB and Video Intercom Products
Hikvision India has unveiled-host of new AIoT products and solutions along with IDP-D5C, Lecture Capture Broadcasting (LCB) Series, and Video Intercom products at the 16th edition of IFSEC India Security Expo organized by Informa Markets at Pragati Maidan, New Delhi. Shri D.R. Karthikeyan, Former Director of Central Bureau of Investigations (CBI) (Chief Guest) and R. Sathiyasundaram, IPS, Additional CP Traffic, Delhi Police (Guest of Honour) were distinguished guests at the inaugural session of IFSEC India Security Expo. After the lamp lighting ceremony and Ganesh Vandana, D.R. Karthikeyan addressed the gathering in his keynote address,he emphasized on the need of quality security products and advanced security solutions as India is on the path of becoming a developed nation.
One of the largest and most elegantly designed Hikvision India booth had attracted security industry professionals, end-users and discerning visitors at IFSEC India Security Expo. The overwhelming response to its advanced security products and solutions. The discerning security professionals and visitors have expressed their keen interest in trending transformative technologies such as Artificial Intelligence (AI), Robotics and IoT at the Hikvision India booth.
While speaking on the enriching IFSEC India experience, Ashish P. Dhakan, MD & CEO, Prama Hikvision India Pvt. Ltd. said, “We are happy to see the leading partners, end-users and system integrators along with younger visitors and new prospects at our booth in the IFSEC India Security Expo 2023. It is the ‘Kumbh Mela’ of the security industry in India as well as South Asia Pacific Region. The key objective to be part of this flagship event is to connect with the security industry peers, end-users and partners. This time IFSEC India is very special due to new products and fringe programs.
He further added, “We have introduced Interactive Display Panel (IDP- D5C), Lecture Capture Broadcasting (LCB) Series and New Video Intercom (VDP) Products along with host other new products.Hikvision India showcased latest technological innovations in Artificial Intelligence (AI) and Robotics Technologies. We unveiled the latest products and solutions in the Video Security, Access Control, Intrusion Alarm, Inspection and Perimeter Security segments. We also displayed Mobile Robot Products, Machine Vision Products, and Logistic Vision Solutions.”
The newly launched video Intercom (VDP) products (DS-KP8000-HE1- Access Control Key Pad and DS-KD9403-E6 – advanced door station)were displayed at the Hikvision India booth. The DS-KP8000-HE1 is a state-of-the-art security access control keypad, offering advanced features for heightened security requirements. Its user-friendly interface ensures easy operation, catering to both commercial and residential settings. Built with cutting-edge technology, this keypad guarantees robust protection for your premises. The durable construction ensures longevity and reliability in performance. With precise access management capabilities, it is an ideal choice for those seeking efficient security solutions.
The DS-KD9403-E6 stands as an advanced door station with impressive features, elevating security and communication. This device boasts a sleek design coupled with cutting-edge technology, making it an ideal choice for modern residential and commercial spaces. Equipped with a high-resolution camera, it provides clear visuals for enhanced surveillance. The two-way audio communication feature facilitates seamless interaction at the door, adding an extra layer of convenience. Designed for durability, the DS-KD9403-E6 can withstand various weather conditions, ensuring reliable performance over time. Its compatibility with existing security systems makes integration smooth and efficient. With a user-friendly interface, this door station prioritizes accessibility and ease of use. The device excels in both day and night vision, ensuring 24/7 security coverage. Overall, the DS-KD9403-E6 is a comprehensive solution for secure and efficient entry management.
The key highlights of the technologies and solutions were on the display at Hikvision India booth, included AI Camera Products, Smart Hybrid Camera, Solar Powered Security Cameras, TandemVu, PanoVu, ColorVu, Thermal and AcuSense Cameras, Audio Sensor, eDVR and eNVR. The product categories on display were Access Control and Time Attendance Solution, Speedgate and Turnstile Solution, Command Control, Hikcentral, Mobile Enforcement, Intelligent Traffic System and Video Intercom (VDP). The other displayed product categories, included, 3D LED, Hikvision SMB Networking & CCTV Solution, Security Inspection Products, Alarm System, Energy Solutions, Thermal Solutions, Commercial Display, HikRobot, Professional Transmission Solution, and Smart Storage Solutions. The ornately designed booth had showcased vertical solutions for BFSI E Surveillance Solution, Retail, Education, Logistics Solution, Industrial Building Solution, Petroleum, Oil & Gas (PPOG), Healthcare and Hospitality verticals.
The EZVIZ corner at the booth was showcasing many newly launched Smart Home Cameras (EB3 and CB3), Smart Lock (CS-LT70-R200), EZVIZ Pan & Tilt 4G Camera (H8c 4G Seamless protection, no Wi-Fi needed) were the key attractions.CS-LT70 is a new smart lock that supports fingerprints, passcode, cards, and mechanical keys. It supports user management, and temporary passcode, and check the lock status in real-time. Adapted to 6068 standard lock body and C-level cylinder. It is a smart lock that combines convenience and safety.
Hikvision India had participated in the IFSEC India conference program with an insightful presentation on security trends and thoughtful panel discussions. On day one of IFSEC India Conference, A.L. Narasimhan, Vice President, Strategic Business Alliances, Prama Hikvision India Pvt. Ltd. participated in a panel discussion on the theme ‘Reimagining corporate security; evolving role of CSOs – Security Manager to Risk Manager to Business Manager’. On day two of the IFSEC India conference,Gagan Lamba, Vice President, Enterprise Verticals, Prama Hikvision India Pvt. Ltd. gave an elaborate presentation on the theme ‘Key AIoT Security Trends for Indian Application Scenarios’.
Hikvision India booth received an overwhelming response and applause from the key partners, trade visitors and key stakeholders at the IFSEC India. The IFSEC Security Expo concluded with the highest number of footfalls from the visitors, security professionals, and security industry representatives.
13, Dec 2023
About 22 Million Employees Across 31 Countries Celebrate Retail Employees’ Day
India, December 13, 2023: India’s retail sector, employing over 46 million people, observes Retail Employees’ Day (RED) annually on December 12th. The movement, initiated in 2011 in India by TRRAIN and the Retailers Association of India (RAI), unites the industry in recognising the hard work of retail employees who consistently serve and delight customers.
Celebrated across 31 countries viz. Turkey, UAE, India, Philippines, and Bangladesh, the Retail Employees’ Day initiative now enters its 13th year of creating awareness and empathy for the retail community.
Kumar Rajagopalan, CEO, Retailers Association of India (RAI), expressed, “This day was dedicated to acknowledging the relentless efforts of the retail associates who serve and delight customers every day of the year, even on national holidays. We hope that consumers appreciate this dedication and take this opportunity to visit their nearest retailer and their favorite brand stores to convey their gratitude with a simple ‘Thank You’ on this occasion.”
Speaking about Retail Employees’ Day, BS Nagesh, Founder-TRRAIN said, “Retail Employees’ Day stands as a heartfelt tribute to the often-overlooked heroes of the retail industry—those individuals who unwaveringly deliver exceptional service to customers day in and day out. Through this initiative, we aim to shine a spotlight on the invaluable contributions of these remarkable individuals, not only within India but also across 31 countries where this movement is celebrated. It’s a testament to their resilience, dedication, and the essential role they play in ensuring that retail remains a vibrant and customer-centric industry.”
Government officials and Ministers from the Centre and States have sent letters to the Retailers Association of India (RAI) to show their support for this day. Shri Piyush Goyal, Hon Minister of Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles, Government of India, said, “The retail industry is a significant contributor to our nation’s GDP. I am confident that the celebration of Retail Employees’ Day by RAI will encourage retailers to work with a spirit of quality and excellence and incorporate the best retail practices.”
Shri Bhupendra Patel, Hon Chief Minister of State Government of Gujrat, said, “The retail industry has played a pivotal role in helping India become one of the fastest-growing economies in the world. The celebration of Retail Employees’ Day by RAl is a significant gesture towards appreciating the efforts of our retailers.”
Dr. Pramod Sawant, Hon Chief Minister of State Government of Goa, expressed, “I am pleased to learn that RAI is set to celebrate Retail Employees’ Day. The 14000 member organisations of RAI provide employment to a staggering 50 million Indians and this celebration will play a vital role in fostering a stronger retail environment.”
Dr. Bijoy John (I.R.S.), Director, Department for Promotion of Industry & Internal Trade Ministry of Commerce & Industry, Government of India, said, “It gives me immense pleasure to greet you all on the occasion of the Retail Employees’ Day. On this momentous occasion, we celebrate and recognise the resilience, adaptability and the positive impact, the retail employees make on the lives of millions of customers. As retail employees, your contribution to maintaining high standards of customer service and operational excellence is paramount. You are the reason behind the smiles of countless customers and the success of our retail industry. Keep up the great work, and know that your efforts are deeply valued and appreciated.”
Shri Jayesh Ranjan (IAS), Principal Secretary to Government Commissioner for Industrial Promotions, Industries and Commerce Department, State Government of Telangana, expressed, “Telangana is one of the leading states in Retail Business. The State, since its formation, has laid special emphasis on sector, recognising it as one of the important growth engines. The industries & Commerce Department understands the importance of skilling and recognises employees’ contribution in growth of business. To support the retail sector in procuring skilled manpower, the department recently facilitated an MoU between Telangana Academy of Skills and Knowledge (TASK) and Retailers Association of India (RAI) powered Ratnadeep, to provide trained manpower to various retail companies in Telangana. This will positively help the retail companies grow their business in the State.”
Rohit Kumar Singh (IAS), Secretary, Department of Consumer Affairs, Government of India, said, “Retail Sector is one of the most vibrant and dynamic sectors of the Indian economy. With significant contribution to GDP, retail is also one of the largest employers, providing round the year direct and indirect employment and also fuelling growth in many allied sectors. This potential of the retail sector must be utilised to create not only more job opportunities for the youth but also focus on improving productivity & quality of jobs.”
Besides retail stalwarts and brands, Bollywood celebrities also took onto social media to greet retail associates and encourage them for their dedication and hard work. Some of the celebrities that sent out their wishes for retail associates included Ananya Pandey, among others.
Social Media Tags
Hashtags
#RetailEmployeesDay2023
#RED2023
#HappyRetailEmployeesDay
#CheersToYou
Retailers Association of India (RAI)
@rai_india
Twitter: https://twitter.com/rai_india?s=09
LinkedIn: https://www.linkedin.com/company/retailers-association-of-india
Instagram: https://instagram.com/rai_india?igshid=1fsfy7kc13huk
Facebook: https://www.facebook.com/retailersassociationindia/
TRRAIN
Instagram: https://www.instagram.com/trrain_india/
Facebook: https://www.facebook.com/TRRAIN/
LinkedIn: https://www.linkedin.com/company/trust-for-retailers-&-retail-associates-of-india- trrain-/
Twitter: https://twitter.com/trrainindia
13, Dec 2023
Quote from Mr. Sachin Kothari, Director at Augmont Gold For All on Sovereign Gold Bond (SGB)
Quote:
For a better risk-adjusted return, investors should always allocate at least 15% of their portfolio to gold. The best option to invest in gold in India for the long term is through Sovereign Gold Bond (SGB). The RBI issues the SGB on behalf of the Government of India, and the Sovereign Gold Bond Scheme has an eight-year term. However, after the fifth year from the date of the issue of coupon payment dates, a premature withdrawal is permissible. Other than gold price appreciation, investors receive an additional 2.5% interest on SGB semiannually. The first tranche of SGB, which matured on November 30, 2023, gave a whopping 150% return to the investors, who held it till the maturity of eight years. Similar kinds of returns could be expected in investments through other tranches too, as gold is an eternal bull market.
