Category Archives: Business

Xsolla Launches Instant Access to Their Core Solutions

July 18,2024,Los Angeles, United States : Xsolla, a global video game commerce company, announces the launch of Xsolla Instant Game Sales, Instant Launcher, and Instant Cloud Gaming following the release of Instant Web Shop in March 2024.

We have listened to developers express their primary challenges—resource allocation is crucial, yet many struggle to quickly go live with their games and offerings. In response, our streamlined approach facilitates seamless integration and provides developers of any size with instant tools to open new revenue streams for their games. Xsolla partners with game developers and studios of all sizes, offering a swift process to sign license agreements, integrate solutions, and generate revenue promptly, accelerating go-to-market time with direct-to-consumer solutions.

David Stelzer, President of Xsolla, comments: “Xsolla Instant Solutions suite enables developers to quickly and easily launch new monetization channels for their games, attract new paying audiences, and boost revenue by leveraging Xsolla’s comprehensive suite of solutions. We aim to help developers unlock new revenue opportunities while reducing time to market to one day, similar to what we did with the Instant Web Shop launch earlier this year.”

Instant Web Shop

Instant Web Shop enables game developers to swiftly set up a fully operational online store for their mobile games, seamlessly transforming a simple link into a revenue-generating platform. This solution increases awareness of the advantages of online purchases and facilitates an effortless shift to a robust LiveOps monetization system, enhancing user engagement and maximizing revenue streams. Instant Web Shop also helps game developers generate more value and purchases with personalization, limited-time offers, promotions, and deep linking.

Instant Game Sales

Instant Game Sales empowers developers to create store pages and initiate direct-to-consumer sales by importing content directly from Steam and Epic Game Store. This enables developers to integrate these offerings into their Game Sales page. It facilitates immediate game key sales during pre-orders and pre-launch phases, game releases, and seasonal promotions.

For more information about Xsolla Instant Game Sales or to sign up, visit: xsolla.pro/gs1

Instant Launcher

The Instant Launcher is receiving a significant update to enhance its content delivery system. Developers can import content directly from Steam and Epic Game Store to access a pre-designed launcher app with pre-created design, details, and assets to enable instant direct-to-consumer distribution of their games. Instant Launcher benefits games at any release stage, powering test flights during pre-launch, upcoming launch, and further game monetization. With Launcher, developers can easily directly engage with their audience while cross-promoting their games inside one gaming hub, decreasing the average cost per lead.

For more information about Xsolla Instant Launcher or to sign up, visit: xsolla.pro/launcher1

Instant Xsolla Cloud Gaming

Instant Cloud Gaming offers a self-serve solution for seamless game distribution by rapidly launching a branded cloud gaming platform in as little as 30 minutes to 24 hours. Xsolla Cloud Gaming enables developers to engage directly with their audience by offering pre-launch testing, sharing early versions of their games with the community, and providing the opportunity to demo the game directly from the landing page. Scaling game access to any device ensures quick access to new revenue streams and guarantees reaching more players globally.

Technology Firm I Square Tek Sets Up India Offshore Development Centre for HPE Aruba Networking in Bengaluru

18th July 2024  Bengaluru, Karnataka, India  Bengaluru-based technology firm I Square Tek opened the India Offshore Development Centre for Hewlett Packard Enterprise Aruba Networking in Bengaluru on Sunday.

The Offshore Development Centre (ODC) of I Square Tek will provide 24×7 support for global Enterprise customers. I Square Tek is an emerging leader in Networking, Cybersecurity, Application Support & Testing Practices and caters to several global and Indian MNCs.

With offices in Bengaluru, Hyderabad and the USA, I Square Tek caters to marquee clients such as Sony, HPE Aruba Networking, Mahindra Comviva, Lumen Technologies, etc. More than 270 engineers will be working in the cutting-edge ODC to begin with, and the Company is planning to add 300 more employees in the current financial year.

Mr Prathap Rajendra and Ms Arunone Theer Shal from HPE Aruba Networking inaugurated the new ODC facility. Speaking on the occasion, Mr Prathap said, “This is a special day. Congratulations to the I Square Tek fraternity on the new facility. This is just a beginning, we are going to grow together.”

Ms Shal said, “I Square Tek has been an incredible managed service provider for HPE Aruba Networking. I would like to thank I Square Tek team for its relentless efforts to turn things around.”

I Square Tek Managing Director Karan Reddy said, “The Offshore Development Centre in Bengaluru is an important part of our growth strategy. Cybersecurity & Networking is a critical industry in today’s world and we are glad that our customers continue to repose faith in us. We are fast emerging as the go-to player in cybersecurity and networking. We would like to be at the forefront of futuristic cyber security technologies and services in the years to come.”

Ant International and NTU Singapore Collaborate on Privacy-Enhancing Technologies

July 18,2024,Singapore: To strengthen digital economic growth in the Asia Pacific region, Ant International and Nanyang Technological University, Singapore (NTU Singapore) have announced a collaboration over the next five years to conduct breakthrough research to advance digital trust leveraging both Ant International’s industry experience and NTU Singapore’s research expertise on Privacy Enhancing Technologies (PETs).

Senior Minister of State Tan Kiat How, Ministry of Digital Development and Information, witnessed the signing of the Master Research Collaboration Agreement (MRCA) between Ant International and NTU Singapore, represented by Mr Jerry Yin, Chief Technology Officer of Ant International and Professor Lam Khin Yong, Vice President (Industry) at NTU Singapore. The signing was carried out on 16 July at the Personal Data Protection (PDP) Week in Singapore.

Under the MRCA, Ant International will collaborate with NTU Singapore’s Digital Trust Centre to advance the development of PETs in Singapore and the region. These technologies aim to help businesses unlock greater value from their data and create more use cases. Additionally, the development of PETs for Artificial Intelligence (AI) will enhance digital trust and make AI more reliable. This will be achieved by minimising the risk of data leaks, allowing businesses to share data and gain valuable insights without disclosing confidential information.

Ant International will commit to contribute up to S$20 million over the next five years to support research on PETs.

Under this MRCA, Ant International will contribute a total funding amount of S$5 million for the five-year partnership until July 2029. In addition to providing research funding for the MRCA, Ant International also intends to contribute a further S$15 million to strengthen Ant International’s research capacity and subject matter expertise, to enhance the country’s overall research and development and drive responsible innovation in Asia by leveraging PETs.

During the collaboration, which will be based in NTU Singapore, researchers will have access to real-life use cases from Ant International for their projects, which will focus on advancing industry tools and processes for machine learning and secure insights sharing between businesses. This will be achieved through the use of advanced privacy enhancing technologies such as zero-knowledge proofs1 and federated learning2. As researchers deepen their expertise in PETs through their projects, the aim is also to develop a team of specialised talents.

Ant International and NTU will also study topics related to large language models3 (LLMs) that preserve user privacy while training or querying LLMs. Both parties will present their findings at leading conferences focused on AI safety.

A joint research committee will also be established to oversee projects conducted under the agreement. Dr.Duan Pu, Ant International’s Head of Data Algorithm and Technology Department, and Professor Lam Kwok Yan, Executive Director of the Digital Trust Centre at NTU Singapore, will serve as Co-Chairs of the committee.

The MRCA builds on an existing collaboration on privacy-preserving computing between NTU Singapore and Ant Group, which saw the development of a new state-of-the-art Private Set Intersection (PSI) protocol that allows businesses to carry out joint database analysis while maintaining the privacy of their respective data.

Mr Tan Kiat How, Senior Minister of State, Ministry of Digital Development and Information, said: “Robust data protection is important for Singapore’s digital economy. The Ministry of Digital Development and Information has taken steps to strengthen our data ecosystem, including by encouraging the use of privacy-enhancing technologies (PETs). I am glad to see companies collaborating with our Institutes of Higher Learning to develop PETs and nurture data protection talent. Such partnerships help us advance the development and adoption of data protection tools in Singapore and the region.”

Mr Jerry Yin, Chief Technology Officer of Ant International, said: “Ant International is pleased to expand our collaboration with NTU, through this longer-term partnership. As a global digital payment and financial technology provider, data privacy is a core part of our business as we aim to provide merchants with secure, reliable and seamless solutions. By leveraging NTU’s academic expertise and Ant International’s industry experience, we look forward to advancing the development of privacy-enhancing technologies with new innovations that address real business needs.”

Professor Lam Khin Yong, Vice President (Industry) of NTU Singapore, said: “Through its Digital Trust Centre, NTU Singapore has built upon and fostered expertise and talent in Trust Technologies. The collaboration between NTU Singapore and Ant International, a leader in global digital payments and fintech, underscores NTU’s commitment to translating research innovation in the area of Privacy Enhancing Technologies into practical applications. Together, both parties will aim to pioneer innovative solutions that strengthen digital trust and security, empowering businesses to responsibly leverage data for transformative outcomes.”

Organised by Singapore’s Personal Data Protection Commission (PDPC), PDP Week convenes regional regulators/policymakers, industry leaders and international think-tanks to connect and collaborate on data use and technologies, including privacy enhancing technologies (PETs). For more information on PDP Week, please visit https://www.pdpc.gov.sg/pdpweek2024.

Malaysia Madani Carnival 2024: A Resounding Success in New Delhi

18th July 2024  New Delhi, Delhi, India  The High Commission of Malaysia in India, is pleased to announce the successful conclusion of the Malaysia Madani Carnival 2024, held on April 27, 2024, at the High Commission of Malaysia in New Delhi. The carnival, which showcased the vibrant culture and rich heritage of Malaysia, was attended by a diverse audience of culture enthusiasts, food lovers, and families, creating an atmosphere of celebration and camaraderie.

Dato’ Muzafar Shah Mustafa, High Commissioner of Malaysia in India, expressed his gratitude for the overwhelming response to the Malaysia Madani Carnival 2024, stating, “We are thrilled by the tremendous turnout and positive feedback received for the Malaysia Madani Carnival 2024. This event served as a platform to strengthen cultural ties between Malaysia and India, fostering greater understanding and appreciation of our shared heritage.”

The carnival featured an array of cultural performances, including traditional dances, music, and arts demonstrations, captivating the audience with the beauty and diversity of Malaysian culture. Attendees had the opportunity to immerse themselves in the traditional art of Batik Canting, participate in interactive cooking demonstrations, and enjoy a variety of fun and games that added to the festive atmosphere.

Muhammad Akmal Hafiz Abdul Aziz, Acting Director of Tourism Malaysia – New Delhi, expressed his satisfaction with the event’s success, stating, “The Malaysia Madani Carnival 2024 showcased the best of Malaysian culture, cuisine, and hospitality, offering attendees a memorable experience that highlighted the warmth and vibrancy of Malaysia. We are delighted to have provided a platform for cultural exchange and exploration, inviting attendees to discover the beauty and diversity of Malaysia right here in New Delhi.”

One of the highlights of the carnival was the tantalizing array of authentic Malaysian cuisine offered at the food stalls, featuring a delectable selection of dishes and tropical fruits sourced directly from Malaysia. Attendees savored the flavors of Malaysia, indulging in savory delights and sweet treats that delighted their taste buds.

The Malaysia Madani Carnival 2024 also featured raffles with exciting prizes, including flight tickets, hotel vouchers, and other exclusive rewards, adding an element of excitement and anticipation to the festivities.

The High Commission of Malaysia in India and Tourism Malaysia – New Delhi extend their heartfelt thanks to all attendees, sponsors, partners, and volunteers who contributed to the success of the Malaysia Madani Carnival 2024. The event would not have been possible without their support and enthusiasm.

StockGro and The Economic Times Announce Strategic Partnership to Empower Indian Investors

18th July 2024  Mumbai, Maharashtra, India  In a significant development in the financial education landscape, StockGro, India’s leading social investment platform, has partnered with The Economic Times to leverage The Economic Times’ ET Market’s extensive knowledge base in equity markets. This collaboration marks a monumental step towards expanding StockGro’s mission to democratize financial education and empower Indians to achieve financial freedom with partnerships with leader platforms for equity market news and knowledge. With this partnership, StockGro aims to reach a wider audience and create tailored content to educate investors, beginners and the seasoned alike.

Did you know that 72% of Indians lack the essential financial knowledge required for effective investing? With India poised to become a global economic powerhouse, the need for comprehensive financial education is more critical than ever. The country’s economy is expected to grow to a staggering $5 trillion by 2025, presenting a vast opportunity for wealth creation. This growth underscores the importance of addressing the financial literacy gap among new investors.

StockGro, in partnership with ETMarkets by The Economic Times, is set to change the narrative by providing tailored content aimed at educating investors at every level. This strategic initiative not only aims to reach a broader audience but also to enrich the quality of financial discourse and learning.

“Between April and November 2021, there was a remarkable increase of 28.6 million new accounts with CDSL and NSDL, reflecting a surge in investing interest among Indians,” said Ajay Lakhotia, Founder of StockGro. “Yet, it is alarming that over 75% of Indian adults still lack basic financial literacy, with women experiencing an even larger gap. This partnership will help bridge this knowledge divide and foster a financially literate community.”

StockGro offers a unique platform combining social networking with investment education, allowing users to learn trading and investing skills across various asset classes in a risk-free simulated environment. The strategic alliance with The Economic Times will enhance this experience by integrating real-time, high-quality market updates from ET Markets, one of the most reliable financial news sources.

Axelspace Announces New Service AxelLiner Laboratory

July 18,2024, TOKYO, Japan : Axelspace Corporation announced the launch of AxelLiner Laboratory (AL Lab), a new service under AxelLiner introduced in 2022. This service specializes in in-orbit demonstration of space components with sales set to begin in the near future.
Additionally, a new memorandum was signed between Axelspace and ASPINA Shinano Kenshi Co., Ltd., a partner in developing a reaction wheel for microsatellites since 2020. The companies have agreed to launch the wheel in 2026 and conduct an in-orbit demonstration, making it the first to utilize AL Lab.

Meeting the growing need for in-orbit demonstration

Introducing AxelLiner in 2022, Axelspace has been preparing for its full-scale service launch. This preparation included developing a versatile bus system for microsatellites, forming the Spacecraft Manufacturing Alliance for mass production, and building AxelLiner Terminal, a software system offering innovative customer experiences.

Since its business launch, there have been high expectations for this one-stop microsatellite service that enables customers to actualize their unique space missions in a shorter period of time, reaffirming the strong need for this business.
Furthermore, through communications with various space industry players, strong interest has been received from companies that develop space components and mission equipment as well. To further expand this customer base, Axelspace began research into creating a new service for AxelLiner that specializes in in-orbit demonstrations.

The Japanese government plans to create the Space Strategic Fund this year, aiming to offer 1 trillion yen worth of support in the coming decade. One of the themes the fund intends to implement is the establishment of a satellite supply chain through development and demonstration of satellite parts and components. Consequently, the demand for early-phase in-orbit demonstration services is expected to increase in the future.
To overcome these existing challenges involved in in-orbit demonstrations, Axelspace has developed a service tailored to such special needs by leveraging the short development time and mass-production capabilities realized by AxelLiner.

AL Lab can be used not only to test components and mission equipment in space, but also for purposes of entertainment, or corporate or product promotions.
The original service concept will be redefined as “AxelLiner Professional (AL Pro),” with preparations continuing for its full-scale launch.

Malaysia Airlines and Tourism Malaysia Collaborate to Organise an Exciting Event at Nexus Mall, Amrits

18th July 2024  Amritsar, Punjab, India  Malaysia Airlines, in collaboration with Tourism Malaysia, is thrilled to announce an exciting event at the Nexus Mall in Amritsar on April 27th-28th, 2024. The two-day extravaganza promises an array of engaging activities aimed at showcasing the vibrant culture, warm hospitality, and diverse connectivity options offered by Malaysia Airlines.

Consumers can expect an exciting lineup of activities, including thrilling games, special appearances by popular radio jockeys, interactive games, and quizzes. Engaging emcee activities will keep the energy levels high, while captivating dance performances will provide an extra spark of entertainment throughout the day.

With the launch of the three new India routes – Amritsar, Ahmedabad, and Trivandrum, Malaysia Airlines has achieved resounding success, prompting the airline to double its frequencies from Amritsar and Trivandrum. To further encourage travel from these new routes, Malaysia Airlines and Malaysia Tourism Board have collaborated to organise a series of trade events, roadshows, and mall activations, and implement online as well as offline marketing initiatives.

Dersenish Aresandiran, Chief Commercial Officer of Airlines (CCO) from Malaysia Aviation Group, commented, “As Malaysia Airlines continues to expand its reach and enhance connectivity, we are thrilled to offer Indian travellers greater accessibility to Malaysia and beyond. Through our collaboration with Tourism Malaysia, we aim to create unforgettable experiences and inspire travellers to explore the beauty and diversity of our destinations. With attractive fares and enticing initiatives, we look forward to welcoming more passengers on board to experience the warmth and hospitality that Malaysia Airlines is renowned for.”

“We are delighted to partner with Malaysia Airlines in bringing this exciting event to Nexus Mall, Amritsar. This collaboration underscores our commitment to showcasing Malaysia’s rich culture, hospitality, and diverse travel options to our Indian visitors. As we join hands with Malaysia Airlines, we aim to provide unforgettable experiences and inspire more travellers to explore the wonders of Malaysia. Through exclusive deals and initiatives, we are dedicated to empowering Indian customers and fostering a deeper connection between our two nations. We invite everyone to join us at Nexus Mall and embark on a journey of discovery with Malaysia Airlines and Tourism Malaysia,” said Muhammad Akmal Hafiz Abdul Aziz, Acting Director, Tourism Malaysia, New Delhi.

Exclusive Collaboration: Gauri Khan Teams Up with Bisleri International to Elevate Vedica Himalayan Sparkling Water with a Distinctive Limited-Edition Label

18th July 2024  Mumbai, Maharashtra, India  Bisleri International and Gauri Khan unveil an exclusive limited-edition label for Vedica’s Himalayan Sparkling water category. This collaboration epitomizes a fusion of sophistication and creativity. Gauri Khan infuses her distinctive design expertise into curating an exclusive label design for Vedica Himalayan Sparkling Water, seamlessly blending her artistic vision with the unparalleled refreshment of Vedica Sparkling Water.

The brand unveils the creative process behind the label’s inception with an engaging short film, giving viewers an intimate look into the collaboration. The limited-edition bottle will be available in select channels and markets across the country.

Speaking about the initiative Jayanti Khan Chauhan, Vice Chairperson, Bisleri International Pvt. Ltd. said, “Vedica Himalayan Sparkling Water epitomizes sophistication and ingenuity in every aspect. Gauri Khan, renowned for her embodiment of elegance and contemporary aesthetics, seamlessly aligns with this partnership. Her designs, both modern and timeless, fortify our positioning of Vedica Himalayan Sparkling Water within our discerning audience. The limited-edition label exudes a contemporary allure that resonates with the refined taste of our consumers, fostering a deeper connection with the brand.”

Commenting on her collaboration with Bisleri Vedica, Gauri Khan said, “I’m excited to partner with a premium brand like Bisleri Vedica, known for its graceful adaptation to evolving trends and consumer expectations. Inspired by my recent mountain expedition, the label design features golden accents that reflect the celestial allure of the night sky, adding a luxurious touch. My goal was to evoke a sense of purity and harmony in the design, perfectly resonating with the brand’s foundational principles.”

The collaboration embodies a seamless fusion of refinement and innovation, mirroring Vedica Himalayan Sparkling Water’s harmonious combination of lively bubbles and precisely balanced mineral composition. This intricate artistry is crafted for the refined culinary enthusiasts.

MAHE Celebrates Special Convocation for Conferment of Honorary Doctorate to K. V. Kamath

18th July 2024  Manipal, Karnataka, India  Manipal Academy of Higher Education (MAHE), Deemed to be University, one of India’s leading research-focused educational institutions, held a special convocation for conferring an honorary doctorate to Mr. K. V. Kamath, Chairman of National Bank for Financing Infrastructure and Development (NaBFID) & Chairman of Jio Financial Services Ltd. on Monday, 29 April 2024. The ceremony was graced by distinguished dignitaries like Mrs Vasanti R Pai, Trustee, MAHE Trust, Dr Ranjan R. Pai, President, MAHE Trust & Chairman, MEMG, Bengaluru, Dr H.S. Ballal, Pro-Chancellor of MAHE, Lt Gen (Dr) M.D. Venkatesh, VSM (Retd.), Vice Chancellor of MAHE, Dr Dilip G Naik, Pro Vice Chancellor, MAHE, Mangalore, Prof. Madhu Veeraraghavan, Pro Vice Chancellor, MAHE Bengaluru, Dr P Giridhar Kini, Registrar of MAHE among other senior officials of MAHE Trust, Board of Management, and Academic Council.

Mr. K. V. Kamath, currently serving as the Chairman of National Bank for Financing Infrastructure and Development (NaBFID) & Chairman of Jio Financial Services Ltd., is a visionary leader and pioneer in the field of banking and finance. His contributions have not only transformed industries in India but have also had an impact on the global financial landscape, setting new benchmarks for the industry. His remarkable trajectory – previously serving as Chairman of the New Development Bank (NDB) and Chairman of ICICI Bank – marked by exemplary leadership, strategic acumen, and innovation, is a testament to his academic and administrative excellence. Beyond his professional achievements, Mr Kamath is deeply committed to social responsibility and sustainable development. He has been instrumental in promoting inclusive growth, environmental sustainability, and corporate social responsibility practices throughout his career.

Dr H.S. Ballal, Pro-Chancellor of MAHE said, “Today, MAHE takes immense pride in recognizing the exceptional contributions of Mr K. V. Kamath. His leadership and vision align perfectly with MAHE’s mission to foster innovation in young leaders. This honorary doctorate signifies the profound impact Mr Kamath has had, and we are confident his example will continue to inspire our students to pursue excellence in their chosen fields. Congratulations to Mr Kamath on this well-deserved honor.”

Lt Gen (Dr) M.D. Venkatesh, VSM (Retd.), Vice Chancellor of MAHE said, “On behalf of the entire MAHE community, it is my distinct honour to confer this honorary doctorate upon Mr. K. V. Kamath. His remarkable achievements serve as an inspiration to our students and faculty alike. We are confident that Mr Kamath’s insights and experiences will continue to shape future leaders and contribute to positive change in the world. We are delighted to welcome him to the esteemed company of MAHE’s honorary doctorates.”

Speaking on the recognition, Mr Kamath said, “Receiving this honorary doctorate from MAHE is a humbling recognition that I cherish deeply. It is my honor to stand here in the institute I have admired for so long. The institute serves as a tribute to creative thinking of Dr TMA Pai who thought of establishing an educational institution in the era when there were just handful of institutes. Throughout my career, I have strived to put India’s institutions on the global map and to advocate for sustainable development and being acknowledged by such a respected institution as MAHE motivates me even further. This recognition is not just for me, but for everyone who has collaborated with me on this journey. This is a tremendous honour, and I am grateful for the trust that MAHE has placed in me.”

Radio Channel of The Year – Red FM Wins 47 Awards at ACEF Awards 2024

18th July 2024  Mumbai, Maharashtra, India  India’s leading private radio and entertainment network, Red FM network was bestowed with the prestigious title of ‘Radio Channel of The Year’ along with 46 awards across different categories, making it the most awarded radio network at the 13th Edition of The Asian Customer Engagement Forum (ACEF) Awards 2024. The ceremony took place on the 29th of April, in Mumbai, Westin Garden City Hotel, Goregaon East, Mumbai.

The ACEF Awards, in its 13th edition, recognizes outstanding campaigns, creatives, and customer engagement activities across various marketing mediums. Red FM Network emerged as a standout winner, securing a total of 24 golds, 13 silvers, and 9 bronzes, being a testament to excellence and innovation in the industry. Amongst many other awards, RJ Arjun (Overall), RJ Raunac (Metro Overall), RJ Bandya (Non-Metro Overall), and RJ Karan (Regional Language) won the Radio Jockey of The Year under the gold category.

Speaking on the announcement, Nisha Narayanan, Director & COO, of RED FM, and Magic FM, said, “What an incredible night at the ACEF Awards 2024! With 47 moments of recognition, the spotlight was on team Red FM who are the heartbeat of our culture, the architects of innovation, and the magic behind all of it. These prestigious accolades are warm hugs from our listeners affirming our commitment to paint outside the lines with our uniquely imaginative content. Our hearts are overflowing with gratitude, and we simply can not express how much we treasure the endless love and support from our audience. Here’s to many more adventures together!”