Category Archives: Business

Elevate Your Business Operations with Google Cloud; Join Vignan Online’s Informative Webinar

Guntur 26 Oct 2023: Vignan Online Experience (VOX), a learners’ community space of Vignan Online, the online learning platform of Vignan Foundation for Science Technology and Research (Deemed-to-be-University), has announced an insightful webinar that will explore the dynamic realm of Cloud Computing and its potential to revolutionize businesses. The webinar titled “Elevate Your Business – Unleashing the Power of Cloud with Google Cloud Platform,” is scheduled for Thursday, October 26, 2023, at 7:00 PM. The event will be hosted online to make it accessible to learners and industry professionals across the globe.

This enlightening session will be graced by the distinguished expert in Cloud technology, Mr. Mohit Khurana, Chief Technology Officer (CTO) at Cloud ACE, India. With a wealth of knowledge and experience in the cloud computing domain, Mr. Khurana is set to guide attendees through an engaging exploration of how Cloud Computing can be a game-changer for both emerging and established businesses.

The webinar will delve into several key topics, including the significance of Cloud Computing in the 21st Century by shedding light on why it has become essential for businesses aiming to enhance their agility, efficiency, and growth. Additionally, participants will gain insights into how Cloud Computing can effectively scale up businesses of all sizes. The webinar will also address the remarkable return on investment (ROI) achievable through Cloud Computing investments. The attendees will also get the chance to explore the unique benefits of Google Cloud Platform (GCP) within the Cloud Computing domain.

Mr. Srikant Nandigam, CEO Vignan Online said, ” In today’s rapidly evolving business landscape, the adoption of Cloud Computing is not just an option, but a necessity. We are excited to have Mr. Mohit Khurana, a leading expert in this field who will guide our attendees through the transformative potential of Cloud Computing, specifically with Google Cloud Platform. We invite all business enthusiasts to join us to open doors to unprecedented opportunities for growth and success.

ArivuPro Academy announces an ambitious growth plan

26th October 2023, Bengaluru: — ArivuPro Academy, a leading Ed-tech institution that specializes in providing comprehensive tutoring services for a wide range of professional courses in the field of commerce and accounting, announced its ambitious expansion plans for the next two years. These include laying the groundwork to establish international branches, thereby bringing ArivuPro’s unparalleled educational experience to a global audience.

Driven by its commitment to providing specialized education for commerce students, ArivuPro offers tutoring and guidance for aspirants looking to clear Chartered Accountancy (CAs), CS, ACCA, CIMA (UK), CMA (US), and CPA (US) examinations. ArivuPro’s multi-faceted approach to education seamlessly combines online and offline learning, ensuring accessibility, convenience, and the highest standards of quality for over 1,200 students across Bangalore and Chennai, and 1000 students through college tie-ups. Further, through its robust online platform, ArivuPro also helps over 1,000 students hailing from various corners of the country, collectively impacting over 3000 students, and helping them achieve their career goals.

Going forward, ArivuPro aims to expand its presence into key southern regions, including Coimbatore, Kochi, Mangalore, Hyderabad, and Goa and broaden its digital footprint in Northern India, aiming to make quality education more accessible. In terms of global reach, ArivuPro aims to establish international branches in the next two years, making ArivuPro’s unparalleled educational experience accessible to a global audience. Speaking about the growth and vision of the brand, Mr. Arjun V, Founder and CEO, ArivuPro Academy, said, “Our vision is to empower commerce students with a specialized, high-quality education that transcends geographical boundaries. We’re not just building a brand; we’re fostering a community of learners. Our expansion, both nationally and internationally, is a testament to our commitment to delivering excellence in commerce education. Our innovative approaches, strategic collaborations, and accolades reaffirm our dedication to this vision. We’re excited about the future, where ArivuPro will continue to lead the way in specialized commerce education and make a global impact.”

These strategic expansion plans underscore their dedication to improving specialized commerce education across India. To cater to the linguistic diversity of the nation, ArivuPro has launched the Gyaan Pro Academy, a dedicated Hindi Channel offering top-notch educational content at highly subsidized rates. Additionally, they have rolled out YouTube channels in Tamil, Kannada, Malayalam, and Telugu, ensuring quality education is accessible in the language students are most comfortable with.

In addition to the above, ArivuPro also has a dedicated finance learning app that enables students to access high-quality education tailored to their specific needs. This app is a one-stop solution for commerce students, offering comprehensive course materials, recorded video lectures, self-paced learning, 1.5X speed mode, in-app exams, mock tests with peer ranking, SWOT Analysis, last-week revisions, and 24/7 app support. The app ensures a seamless and accountable learning journey, even offering backup recorded videos for missed classes.

In recognition of their commitment to excellence in specialized commerce education, ArivuPro has received prestigious accolades, including the distinction of being an ACCA Gold member and an ACCA CBE Affiliate, affirming their adherence to the highest educational standards set by the Association of Chartered Certified Accountants.

ArivuPro is also proud to announce its strategic collaborations with 25 esteemed educational institutions nationwide, further integrating its specialized finance learning app and diverse course offerings into the academic ecosystem. These collaborations not only enhance the educational experience for commerce students but also equip colleges and corporations with the tools they need to stay at the forefront of specialized commerce education.

Rediscover the Magic of Growth Through Words and Art with Mauji Manch X We Commune

Life is a journey filled with milestones, lessons, and countless moments of self-discovery. At the Manch Open Mic event, Mauji and We Commune are coming together to celebrate the million ways in which we’ve grown. Growth may be a solitary process, but the joy of celebrating it need not be.

Mauji Manch X We Commune invites all Storytellers, Poets, Dancers, and Musicians to join for an evening of vulnerability, authenticity, and inspiration. Together, let’s celebrate the beauty of growth through the power of words, rhythm, and art. Bring your past and present selves, your joys and pains, your laughter and tears – all that makes you who you are today.

Grab your tickets, whether you’re an artist ready to share your journey or an enthusiastic audience eager to be a part of this beautiful celebration. Don’t miss this chance to connect, reflect, and embrace the nostalgia for who we used to be, and who we’ve become.

Details:

Date: October 29th (Sunday)

Time: 5:00 PM to 8:00 PM

Venue: Mauji – The Time Cafe

Lubrizol and Grasim Industries Limited Break Ground on World’s Largest CPVC Resin Plant

Mumbai, Oct 26, 2023: Lubrizol, a global leader in specialty chemicals, and Grasim Industries Limited, a flagship company of the Aditya Birla Group, today broke ground on the first phase of a 100,000 metric-ton CPVC resin plant in Vilayat, Gujarat, India. The facility located at the Grasim Industries’ site will be the largest single-site capacity for CPVC resin production globally, designed to meet rising CPVC demand for piping applications in India, as well as neighboring countries like Nepal, Bangladesh and Indonesia.

This resin plant will utilize Lubrizol’s most advanced CPVC resin manufacturing technology. This technology, coupled with Grasim’s expertise in reliable manufacturing, will enable access to high-quality, locally manufactured CPVC material.

In addition to the resin site, Lubrizol is doubling its existing CPVC compound manufacturing capacity at its Dahej, Gujarat, India site from 70,000MT to 140,000MT. When coupled, these projects advance Lubrizol’s standing in the region to be the largest producer and the only company with end-to-end CPVC capability, allowing for Lubrizol’s partners to meet the projected 10-12% annual increase in CPVC demand within the India market. Lubrizol is also planning a research and development center at its Dahej site to address the rapidly changing needs of the India market.

Phase one of the resin site in Vilayat, as well as the additional line in Dahej, are expected to be operational by early 2025. With the upcoming project in Vilayat and expansion of the Dahej plant, Lubrizol is expected to generate more than 4,000 direct and indirect jobs. In addition, Lubrizol is creating a Global Capability Center in India, adding to capabilities to support regional growth and allow closer collaboration amongst employees in region. Lubrizol expects to add 150 to 200 new employees in the next year at this location, with an intention to add more jobs over the next several years.

Commenting on the occasion, Scott Mold, General Manager, Lubrizol TempRite said, “Lubrizol is extremely proud of these milestones. They enable Lubrizol to be the largest integrated supplier of CPVC compound and services in India. Investing in India will ensure our ability to service and support the growing demand in India and the country’s increasing quality expectations when it comes to improving access to clean, safe drinking water for millions globally. India is a key market for building and expanding our global CPVC leadership position.”

Lubrizol introduced CPVC into the India market 25 years ago, which has represented a significant economic development opportunity for the region. Today, India is amongst the largest consumers of CPVC, primarily in the form of plumbing pipe and fittings, and growing needs for clean water in all residential and commercial buildings will drive continued growth.

Reliance General Insurance Unveils a Flexible Approach to Car Insurance with its New Product Reliance Limit Sure Pay As You Drive

Mumbai, 26th October 2023: Reliance General Insurance Company Limited (RGICL), India’s leading general insurance company has unveiled ‘Reliance Limit Sure – Pay As You Drive’, a flexible approach to car insurance coverage that truly values customers’ needs and consumption habits. This innovative offering will empower customers, and give them complete control over their vehicle expenses, allowing them to tailor the policy to their specific needs. Whether someone has a car that runs less or is driven infrequently, this policy is designed to accommodate their unique requirements.

‘Reliance Limit Sure – Pay As You Drive’ offers comprehensive coverage just as a traditional car insurance policy, giving complete third party and Own Damage coverage, where customers can pick their desired kilometer slab, beginning at 2,500 kilometers and adjustable in 1,000-kilometer increments. And if customers find themselves short on kilometers, one can easily top up the kilometers anytime during the policy year. Furthermore, the product extends the Third-Party coverage to include protection against Fire and Theft even after the opted kilometres plan is exhausted. What makes this policy truly exceptional is the ability to roll over any unused kilometers to the following policy year for a discount on renewal, ensuring the customer gets value for every kilometer they save. This flexibility is particularly advantageous for the individuals with multiple vehicles, addressing their specific needs and ensuring cost efficiency.

Mr. Rakesh Jain, CEO, Reliance General Insurance Company Limited emphasized the significance of this product, stating, “Here at Reliance General Insurance, we have engineered ‘Reliance Limit Sure Pay As You Drive’ as a new-age product that meets the latent demand of protecting underused vehicles in the market. Our dedication to innovation excellence shines through in this usage-based product, providing policyholders with the ultimate freedom to pay just as much as they need to. It’s definitely a game-changer, reshaping the way car insurance adapts in to dynamic needs.”

Warehouse by Mudita’s Mumbai Festive Edit arrives in Grandeur

Mumbai, October, 2023 – Get ready to immerse yourself in the world of high fashion as Warehouse by Mudita proudly announces the Mumbai Festive Edit, a hallmark event in the fashion industry. This lavish affair is poised to enchant fashion enthusiasts on the 27th of October at the prestigious NSCI Palace Halls in Mumbai. The Warehouse Fashion Exhibition Sale promises a remarkable shopping experience, offering fashion connoisseurs a unique opportunity to acquire exquisite creations from India’s top designers at unbeatable discounts.

Warehouse by Mudita, renowned for its innovative approach to outlet shopping, influenced by international outlet malls, continues to redefine Mumbai’s fashion scene. At the Warehouse Fashion Exhibition Sale, visitors will have the exclusive privilege to explore and obtain stunning collections from an impressive lineup of designers, including Tarun Tahiliani, Shantanu & Nikhil, Rohit Bal, Papa Don’t Preach by Shubhika, Gulabo by Abu Sandeep, Masaba, Rohit Gandhi + Rahul Khanna, Payal Singhal, Devnaagri, Anushree Reddy, Aneesh Agarwaal, Ritu Kumar, Ridhi Mehra, Gauri & Nainika, SVA by Sonam & Paras Modi, Nupur Kanoi, and many more. Each piece is thoughtfully curated to embody the designer’s unique style, creating a fusion of opulence and affordability.

Mudita Jaipuria, the visionary Founder of Warehouse by Mudita, passionately shares, “Mumbai, a city known for its discerning taste in high fashion, deserves nothing less than the extraordinary. The Warehouse Mumbai Festive Edit is a testament to our unwavering commitment to this vibrant metropolis, offering its fashion enthusiasts the chance to revel in the essence of luxury without the prohibitive price tag.”

The Festive Edit offers an exclusive Warehouse Hour from 10:00 AM to 11:00 AM, providing early access to the most discerning fashion enthusiasts. Following this, the general sale hours are from 11:00 AM to 7:00 PM, allowing visitors throughout the day to explore and indulge in the finest designer collections. It’s a day-long opportunity for everyone to discover the essence of high fashion at incredible discounts.

Sona BLW Precision Forgings Ltd. announces Q4 FY23 Results

Gurugram, India, October 26, 2023: Sona BLW Precision Forgings Ltd. (Sona Comstar), a leading mobility technology company providing mission-critical systems and components for electrified and non-electrified powertrain segments, today announced its financial results for the quarter and half year ended September 30, 2023.

Key Financial Highlights – Q2 FY24
· Revenue of Rs. 791 crores with 20% YoY growth

· Revenue share from Battery Electric Vehicles (BEV) at 27%, BEV revenue growth of 58% YoY

· EBITDA of Rs. 223 crores with a margin of 28.2% and 35% YoY growth

· PAT of Rs. 124 crores with a net profit margin of 15.7% and 34% YoY growth

· Adjusted PAT (before exceptional expenses) grew 39% YoY to Rs. 128 crores with a margin of 16.2%

· EV programs contribute 78% to the net order book* of Rs. 22,100 crores as of September 30, 2023

Key Financial Highlights – H1 FY24
· Revenue of Rs. 1,523 crores with 22% YoY growth

· Revenue share from Battery Electric Vehicles (BEV) at 27%, BEV revenue growth of 33% YoY

· EBITDA of Rs. 427 crores with an EBITDA margin of 28.0% and 38% YoY growth

· PAT of Rs. 236 crores with a net profit margin of 15.5% and 40% YoY growth

· Adjusted PAT (before exceptional expenses) grew 44% YoY to Rs. 242 crores with a margin of 15.9%

Management Comment
Mr Vivek Vikram Singh, MD & Group CEO, commented: “We have made a significant change to our vision statement, widening our ambit to the broader mobility landscape from automotive. This expanded ambition will guide all our strategic choices hereon, beginning first with our product and technology roadmap. We have revamped our product and technology roadmap to reflect our plans to develop products for a mobility future that is EPIC – Electric, Personalised, Intelligent and Connected. We have added seven new products to our roadmap across our three business divisions. In terms of financials, we achieved our highest revenue, EBITDA and net profit. BEV revenue grew 58% y-o-y to Rs 207 crores, representing 27% of total revenue. EBITDA margin improved by 300 bps y-o-y to 28.2%, driving EBITDA growth of 35% and PAT growth of 34%. We continue to progress on all our key strategic priorities. With two new BEV program wins, our net order book grew to Rs. 221bn, of which EVs contribute 78%. Last quarter, we won a new program to supply the rotor-embed differential sub-assemblies from a North American new-age OEM of high-end electric cars. In addition, we won a new program to supply traction motors for electric three-wheelers from one of the largest Indian OEMs.”

Operational Highlights – Q2 FY24 and H1 FY24
Key Developments:
· A North American New Age OEM of electric cars has awarded the company a program to supply Rotor embedded differential sub-assemblies for their high-performance electric car. This program has added Rs 170 crores to our order book, and production will likely commence in Q2 FY25.

· The company has received an order from an Indian OEM of PVs, CVs, OHVs and EVs to supply mid- drive traction motors for their upcoming electric three-wheelers. This program has added Rs 370 crores to our order book. The production is likely to commence in Q3 FY25.

Electrification:
· BEV Revenue Share: Revenue from Battery EV grew 33% YoY Rs. 391 crores in H1 FY24 and contributed 27% of total revenue.

· EV programs: we added six new programs and two new customers in H1 FY24. The number of awarded programs increased to 48 across 28 different customers.

Other development:
· On September 4, 2023, Sona Comstar completed the acquisition of a 54% equity stake in NOVELIC, a leading provider of mmWave radar sensors, perception solutions and full-stack embedded systems. With this acquisition, the company has added a third pillar of growth in “Sensors and Software”. NOVELIC is vertically integrated across the value chain from machine learning and perception software to hardware and chip design; its partners include global automotive OEMs, autonomous vehicle makers, Tier-1s and chip manufacturers.

Consumer Tech Brand ACwO and India’s Football Team Captain Sunil Chhetri Join Forces

October 25, 2023; Mumbai India: India is playing and winning in every sector, whether it is development, economy, sports, or space; India is on a different level in every field. Now betting big on India’s digital and overall growth, especially among Gen Z and young adults, Sunil Chhetri, Captain of the Indian Football Team, now teams-up with a new audio brand ACwO. Launched as a proud Made In India brand, ACwO aims to empower and elevate consumers’ lifestyle, powered by innovative technology. Honouring Sunil Chhetri’s iconic number 11 jersey, ACwO is gearing up to introduce an extraordinary lineup of 11 TWS earbuds, each boasting more than 11 remarkable features including environmental noise cancellation, equaliser modes, lag free movie experience, gaming ready with ultra-low latency, long battery life, backed up by ReALmAh technology, snug fit, and more. These earbuds have been designed to resonate with the dedication and spirit of Sunil Chhetri, making this range truly iconic as Number 11. Supporting the launch, and featuring Chhetri, AcwO’s maiden brand film showcases its core vision, ‘Ab India Khelega’.

Making its presence felt, Sunil Chhetri’s support and the resounding proclamation of ‘Ab India Khelega’ underlines his belief in the potential of Indian originality, positioning ACwO as a significant milestone in his journey as a proud brand ambassador of both India’s growth and innovation. Together, ACwO and Sunil Chhetri are set to rewrite the narrative of ‘Ab India Khelega’ promising a brighter and technologically advanced future for consumer’s lifestyle.

Launched as a D2C brand, ACwO stands for creative brilliance and aims to reshape the smart gadgets and accessories landscape while contributing to India’s GDP. With a wide range of TWS products, ACwO aims to target and enhance every consumer’s lifestyle. With the strategic launch in the midst of the festive season, ACwO will also roll out a cross-media campaign to create awareness of the brand, and its offering, by leveraging Sunil Chettri’s popularity and fan base.

Speaking on the launch, the Captain of the National Football Team, said, “It’s always nice to be associated with a brand that is proudly made in, and for India. ACwO is doing some fantastic things on the tech and lifestyle front and through this association, I am keen to see and be a part of all that comes out from the ACwO stables.”

With a focus on innovation and quality, ACwO envisions India as a global hub of creative-tech excellence. Going forward, ACwO is committed to introducing various gadgets with a total focus on enhancing the overall lifestyle of consumers.

ZEE5 celebrates creating yourself, one story at a time

India, 26th October 2023: ZEE5, one of India’s largest home-grown video streaming platforms, today unveiled its content brand manifesto through a thought-provoking film that reflects the underlying change in the mindset of today’s viewers. As opposed to a linear quest for a singular goalpost of ‘settling down’, the film captures and celebrates the fluidity with which people have begun to make life choices; unravelling new dimensions within themselves and exploring uncharted territories as they journey through life.

The campaign film, ‘Roz Kuch Naya Bante Raho’ uses the device of a sculptor to showcase this philosophy. In the course of the film, we see him mould, shape, chisel and recreate a piece of art using different materials, styles and textures. We see him create an array of busts which are inherently the same, yet strikingly different. This visually powerful metaphor represents the multiplicity within each of us and the constant evolution of a work-in-progress generation. Viewers are urged to embrace this fluidity through inspiring lines like “Behte Raho, Aakaar Lete Raho, Roz Kuch Naya Bante Raho”. The film ends with a poignant question – “Aaj Kya Banoge?”

The visual metaphor is further enhanced by actor Manoj Bajpayee’s evocative narration. His delivery adds character to the film as he truly embodies the spirit of multiplicity. From being a theatre actor to taking on diverse film roles that explore his sheer range as an artiste and now his latest turn as a producer, he has transcended the confines of familiarity and pushed the boundaries of creative expression. Strengthening the connect with the artist further, the film opens with the manifesto line penned in Manoj’s very own handwriting.

Manoj Bajpayee said, “As a platform that has its finger on the pulse of the viewer, ZEE5 is sending out a very relevant and critical message through its new content brand manifesto. At a time when people don’t want to be bound by labels and wish to stay unfinished rather than settling down, ZEE5 endeavours to tell stories that will serve as a springboard to its viewers’ aspirations, fuelling their path of self-discovery. As an artiste, the diverse roles I’ve had the opportunity to play have helped me explore the different facets of my personality. As someone who has been a part of some of the platform’s finest content, I was more than pleased to be the voice that delivers such a pertinent message.”

Manish Kalra, Chief Business Officer – ZEE5 India said, “We, at ZEE5, believe that our customers are our key priority and all our teams focus on delivering to meet their expectations. Be it storytelling, technology or business initiatives, they must stem from a profound understanding of our consumers’ lives, their desires, need-states and beliefs. Our content brand manifesto will serve us as a compass that guides the brand’s journey over the years, aligning all stakeholders, content partners to craft an experience that truly resonates with our audience.”

Kartik Mahadev, Chief Marketing Officer – Content SBU, ZEE said, “Today’s youth are seekers, explorers; a work-in-progress generation. As believers and cheerleaders of this new mindset, ZEE5, through its content, invites everyone to explore the countless dimensions and versions of themselves; to keep creating themselves, one story at a time. From immersive dramas to documentaries, from comedies to thrillers, from India and around the world, ZEE5’s rich and varied range of offerings have the potential to unlock, inspire and shape ideas, dreams, beliefs, possibilities and behaviour.”