15, Feb 2024
NODWIN Gaming Private Limited signs definitive agreements to acquire 100% of Ninja
Gurugram: February 15, 2024 – NODWIN Gaming International Pte Ltd (Godwin Gaming), 100% subsidiary of NODWIN Gaming Private Limited, a material subsidiary of Nazara Technologies Ltd (BSE: NAZARA), The leading gaming and esports media company in emerging markets, has signed definitive agreements to acquire 100% ownership in Ninja Global FZCO (Ninja). Ninja has assets in esports and gaming production assets in Turkey and the Middle East
The acquisition of Ninja into NODWIN Gaming’s global emerging market delivery network is poised to enhance the company’s existing capabilities to offer solutions to publishers and brands in the Middle East and the Turkey region. This acquisition, which comes on the heels of the acquisition of Games Marketing Services company PublishMe in October, solidifies its presence in the rapidly expanding Middle East and Turkish markets.
With this acquisition, Nodwin Gaming has added key multi-language skills making Nodwin Gaming a cost-competitive global delivery and production platform for gaming & esports, capable of delivering world-class experiences across Asia, the Middle East, Turkey, Central Asia, Europe & USA.
This acquisition also readies Nodwin Gaming to expand to Central Asia, where the mobile games market is experiencing rapid growth, across multiplayer and strategy games, driven by the tech-savvy youth population.
Commenting on the acquisition, Akshat Rathee, Co-Founder and Managing Director, of NODWIN Gaming said, “We are thrilled to warmly welcome Gokhan Kazar and Doruk Demisar, Founders of Ninja Dubai and their team into the NODWIN Gaming family, marking a significant addition to our valued network. This strategic acquisition not only unlocks a plethora of new opportunities but also opens doors to numerous fresh possibilities for us as a leading gaming and esports media company. As NODWIN Gaming actively broadens its global footprint, with a special focus on key emerging markets within the new BRICS+ global network, the integration of Ninja is a natural and essential step forward. This move positions us to empower local esports ecosystems, understand, and unlock the potential of multiple emerging markets.”
Ninja stands as a prominent 360° esports and gaming organization. Since its establishment, Ninja has demonstrated excellence in devising and implementing creative strategies for brands and publishers throughout Turkey and the Middle East region. By crafting distinctive and captivating experiences that immerse brands in the realms of esports and entertainment, Ninja has consistently delivered industry-leading experiences to the local community. The agency’s specialized knowledge in navigating the markets of the Middle East and Turkey, coupled with NODWIN Gaming’s strong connections with publishers and brands, as well as their expertise in organizing world-class esports events and securing media rights opportunities, forms a compelling synergy. This synergy creates outstanding value for the entire ecosystem, establishing a remarkable collaboration that leverages the strengths of both entities.
Gokhan Kazar, leveraging his wealth of experience & strategic insights will oversee operations in the Middle East region for NODWIN Gaming. Doruk Demisar along with Bilge Karageyik of PublishMe will collaborate as they spearhead Turkish operations, drawing upon their extensive esports expertise and deep understanding of the local landscape. This strategic alignment positions NODWIN Gaming for continued success and growth across the regions.
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- By Rabindra
15, Feb 2024
HAF.VC launches INR 150 Crore Category I AIF Fund for Startup
Hyderabad, February 15 th, 2024 – HAF has officially launched its maiden Venture Capital Fund, a Category 1 Alternative Investment Fund (AIF), featuring an investable corpus of INR 100 crore and an additional greenshoe option of INR 50 crore. This strategic fund is specifically designed to focus on startups placing a significant emphasis on scalability through technology and AI. Notably, the fund’s management partners, serving as primary investors, allocate the management fee exclusively to fortify the investment team, demonstrating a dedicated commitment to building a resilient foundation for success. In an effort to drive global innovation and expedite the scaling of startups, the fund proactively involves accomplished entrepreneurs as investors.
Key Highlights:
Investment Focus: The fund aims to deploy up to INR 5 crore across 20 disruptive startups that are positioned to scale with technology and AI in Pre-Series A/Series A with a strong commitment to follow-on investments to support future growth.
Entrepreneurial Engagement: HAF distinguishes itself by actively seeking successful entrepreneurs as investors, fostering rapid scalability for startups with a robust technology foundation. The overarching goal is to establish a platform where successful entrepreneurs and investors collaborate to build game-changing ventures. The fund encompasses successful entrepreneurs and business leaders in Pharma, Health sciences Tech, Education, Sustainability and other sectors.
Founders’ Vision: Sri Myneni and Kishore Ganji, Managing Partners of HAF, express a mission that goes beyond funding, by collectively addressing individual challenges and connecting visionary ideas with strategic capital to innovate and grow fast globally. They said, “As serial entrepreneurs and angel investors, we are staunch believers in the transformative force of innovation. We are building HAF as a dynamic, collaboration-driven platform where founders not only secure financial backing but also tap into the collective wisdom of accomplished Limited Partners (LPs) who themselves are successful entrepreneurs.
Hyderabad Angels Legacy: Building upon Hyderabad Angels’ decade-long investment acumen, the fund strategically taps into the mentorship of Hyderabad’s serial entrepreneurs and investors across diverse sectors, fostering an impactful catalyst for startup founders to drive innovation and achieve rapid scalability. HAF, drawing on the established platforms and processes created by Hyderabad Angels.
Leadership Perspective: BVR Mohan Reddy, Founder & Executive Chairman of Cyient, emphasizes the importance of an active engagement platform between LPs/investors and entrepreneurs, positioning HAF at the forefront of driving collaboration. He said, “As an active investor in numerous venture funds and startups, I am of the belief that fostering an active engagement platform between Limited Partners (LPs)/ investors and entrepreneurs is pivotal for creating successful businesses. HAF is constructed with this strategic approach. With direct guidance from many seasoned investors from a diverse array of industries. HAF Collaborative Limited Partners (CLPs) platform will become a dynamic force empowering and cultivating successful ventures,”
T-Hub’s Perspective: Mahankali Srinivas Rao (MSR), CEO of T-Hub, a well accomplished business leader and an advisor of the fund, acknowledges Hyderabad’s role as the nucleus of the world’s largest innovation hub, stating that HAF is ready to harness the potential inherent in the synergy of funds, direct engagement with industry leaders, and the vibrant startup ecosystem in Hyderabad.
Catalyzing New India: In the rapidly evolving landscape of technology-driven enterprises, India is positioning itself as the global leader. HAF emerges as a catalyst, committed to accelerating the growth of this new India.
Website – HAF.VC
14, Feb 2024
Radisson Hotel Group accelerates growth in India
Set to welcome guests in 2024, the hotel group has marked its foray into the South Asian luxury market by signing the first Radisson Collection in India. This strategic move reaffirms Radisson Hotel Group’s commitment to delivering unparalleled experiences to its guests. In addition to this milestone, the Group also announced the successful signing and opening of the first internationally branded hotel in the historic city of Ayodhya – Park Inn by Radisson Ayodhya.
Radisson Collection Hotel, Hyderabad Financial District (render)
Globally, Radisson Hotel Group achieved remarkable growth in 2023 setting a new record by adding over 30,000 keys to its international portfolio through openings and signings, marking a nearly 50% increase since the launch of its 2018 transformation plan. The Radisson Blu brand maintained its position as the largest upper upscale brand in Europe for the 12th consecutive year while the Radisson brand remains the fastest-growing brand in the industry.
In India, the Group continues to enjoy a first-mover advantage in the country’s key pilgrim destinations as it will soon introduce branded hotels in Vrindavan and Ujjain. Radisson Collection, the luxury lifestyle brand, had an exceptional year of signings in 2023, with the debut of two new hotels in Hyderabad (to be operational by 2026) and Srinagar (to be operational by 2024). Radisson continues to be the fastest-growing upscale brand in the portfolio in the country and has signed 10 new properties over the year, targeting strategic expansion in tier-II and tier-III cities of India including Raipur, Sonamarg, Sonipat, Vrindavan, Navi Mumbai, Dera Bassi and Kevadia, along with Jhansi, Ujjain, and Vizag.
Radisson Resorts, gaining relevance through the modern lifestyle Radisson Individuals Retreats, a brand extension of Radisson Individuals which promises to cater to the needs of the modern Indian traveler with experiential stays in key gateway cities and emerging destinations, including pivotal signings at locations such as Chail and Palchan, Manali in Himachal Pradesh and Mandrem, Goa. The Group also signed a Radisson Blu Resort in Chevella, Hyderabad.
Park Inn and Suites by Radisson focuses on delivering heartfelt hospitality to the guests and has grown by expanding its presence in the southern region of India with five signings over the year including properties at Guruvayur, Thrissur, Wayanad Ambalavayal and Munnar in Kerala and Yelahanka in Karnataka.
“Thanks to the trust of our owners and the loyalty of our guests, we continued to fuel our growth in 2023. We will remain agile and nimble to stay relevant to our business stakeholders. We are committed to deepening our presence in the vibrant and booming Indian market where we currently have over 165 hotels in operation and under development,” said Elie Younes, Executive Vice President and Global Chief Development Officer at Radisson Hotel Group.
“Our milestones in 2023 have carved a strong growth trajectory for us in 2024. Our strategic focus includes expanding our roots and fortifying our presence in untapped markets. Radisson Hotel Group’s countrywide hotel network takes the forefront backed by the steadfast commitment of our teams to provide an exceptional experience to our guests,” said K.B. Kachru, Chairman Emeritus & Principal Advisor, Radisson Hotel Group, South Asia.
Radisson Hotel Group continues to command a leading presence in the Indian market and is one of the country’s largest international hotel operators with over 165 hotels in operation and development. It continues to be the largest hotel operator in tier-1 markets like Delhi NCR and at the same time, more than 50% of its portfolio is in tier-2 and 3 markets where it has benefited by being the first mover. With hotels dotted across 70+ locations in India, there is a Radisson Hotel Group hotel in every 4 hours of drivable distance across the length and breadth of the country operating under brands, including Radisson Blu, Radisson, Radisson RED, Park Inn by Radisson, Park Plaza, Park Inn & Suites by Radisson, Country Inn & Suites by Radisson and Radisson Individuals and its extension Radisson Individuals Retreats.
The full list of hotel signings over the year includes:
Radisson Collection Hotel, Hyderabad Financial District
Radisson Blu Resort, Hyderabad Chevella
Radisson Hotel Ujjain
Radisson Hotel Raipur
Radisson Hotel Sonamarg
Radisson Hotel Visakhapatnam MedTech Zone
Radisson Hotel Statue of Unity Kevadia
Radisson Hotel Dera Bassi
Radisson Hotel Jhansi
Radisson Hotel Sonipat
Radisson Hotel Vrindavan
Radisson Hotel Navi Mumbai
Radisson Resort Chail
Park Inn by Radisson Ayodhya
Park Inn and Suites by Radisson, West Nada, Guruvayur
Park Inn & Suites by Radisson Bengaluru Yelahanka
Park Inn & Suites by Radisson Thrissur East Fort
Park Inn & Suites by Radisson Wayanad Ambalavayal
Park Inn and Suites by Radisson Munnar Chinnakanal
Mandrem Beach Resort, a member of Radisson Individuals Retreats
Palchan Hotel & Spa, a member of Radisson Individuals Retreats
14, Feb 2024
Money and Relationships – How to Navigate Finances as a Couple
Valentine’s Day, a time for lovebirds to express affection, is often celebrated with grand gestures and heartfelt moments. For newlyweds and couples still reveling in the honeymoon phase, navigating shared finances can seem like an afterthought amidst the bubble of fiery romance. However, the truth is that managing money together is an important aspect of any relationship that
can either strengthen the couple’s bond or become a source of tension.
While discussing finances may not elicit the same fluttering hearts as a candlelit dinner or a bouquet of roses, it is an essential conversation that lays the foundation for a stable and long-lasting partnership. This article will guide couples and help them navigate the intricacies of managing money together, fostering teamwork, and building a secure financial future.
1. Open communication about the current financial status
Honesty is the best policy, and it is true for every relationship. It is crucial for you and your partner to engage in open dialogue and have transparency regarding your current financial status. This means sharing details about debts, loans, credit history, spending habits, and your individual monetary goals. By doing so, you can ensure that there are no surprises down the road and that both parties are on the same page regarding financial matters. For instance, if one partner prioritises saving for the future while the other prefers to enjoy spending now, acknowledging these differences can help facilitate productive conversations and mutual understanding when it comes to managing joint finances.
2. Choose a budget method that works for you
Even if you believe your financial situation is stable, creating a budget together can help you both prepare for unexpected challenges and navigate tough times as a team. Plus, it can be an enjoyable and empowering experience when approached with the right mind-set. Begin by totalling the combined monthly income you and your partner earn and then document all your shared expenses,
including rent or mortgage, groceries, utility bills, transportation costs, and discretionary spending like entertainment and dining out. Now, consider allocating 80% of your joint income towards needs and wants, while committing 20% to savings that can be allocated towards emergency funds, which can act as a safety net for unexpected expenses.
3. Map out short-term, medium-term, and long-term goals
To effectively manage your finances as a couple, it is essential to establish clear goals that align with your shared aspirations and priorities. Short-term goals, achievable within the next three years, provide immediate satisfaction and include building an emergency savings fund, planning vacations, or covering back-to-school expenses. Medium-term goals, spanning three to five years, require more
substantial planning and saving, such as eliminating credit card debt or saving for a new car or home upgrades. Long-term goals extend beyond five years and include saving for children’s education, retirement planning, or homeownership. Estimating the cost and saving timeline for each goal allows you to break them down into manageable increments and track progress over time.
4. Track your progress
With changing income levels and increasing responsibilities, regularly monitoring your financial progress is essential for staying on course toward your goals as a couple. Conduct a comprehensive review of your expenses and spending at least once a year, treating it as if you are starting fresh with your budget. This annual check-in allows you to assess whether your financial plan is still aligned
with your evolving needs and circumstances. This proactive approach also ensures that you remain focused on managing your finances and can adapt to life’s transitions together.
14, Feb 2024
TO THE NEW completes audit for AWS Managed Service Provider Program
New Delhi, 14 February 2024: TO THE NEW, a leading global digital technology services company, is pleased to announce the successful retention of its Amazon Web Services (AWS) Managed Service Provider (MSP) designation for the fourth consecutive year.
The AWS MSP Program validates AWS Partners with a proven track record and experience,
providing end-to-end AWS solutions to customers at any stage of the cloud journey, including
planning and design, building and migration, operations and support, and automation and optimization. TO THE NEW’s continued retention in the program reflects its ongoing commitment to excellence in meeting its customer’s goals.
TO THE NEW completed an extensive independent audit to ensure that its business health and technical capabilities meet a high, and was able to achieve a 100% compliance score. This achievement builds confidence among AWS customers seeking qualified MSP Partners, offering them an independent assessment of TO THE NEW’S capacity to drive continuous innovation, support AWS adoption, ensure security, embrace DevOps and excel in customer management.
This assessment included discussions and a review of selected processes, procedures, and records. The audit specifically mentioned several of TO THE NEW’s strengths, including:
● AWS Premier Tier Consulting Partner with AWS Migration Consulting and AWS DevOps Consulting competencies
● Good practice around optimizing workload placement to increase energy efficiency
● Implementation of security best practices adhering to the AWS Guardrails
● Provision of comprehensive cost optimization reporting to customers
This underscores TO THE NEW’s capability to deliver next-generation managed services and
expertise in cloud architecture, automation, optimization, and management across AWS
services.
Narinder Kumar, COO and Co-Founder, of TO THE NEW, expressed, “We are proud to maintain and continue our membership in the AWS MSP Program. The assessment was extensive, but our Newers demonstrated and built upon best practices. Passing the audit process is a validation of the continued evolution of TO THE NEW’s Managed Services and Cloud capabilities that have been delivering value to customers across the globe for over 15 years. We are enthusiastic about continuing to help them achieve their cloud transformation goals by leveraging the passion for innovation and breadth of services that AWS and TO THE NEW brings to each customer’s cloud journey.”
14, Feb 2024
Ugro Capital Limited Public Issue
Chennai, February 14, 2024: UGRO Capital Limited is currently engaged in the business of lending and primarily deals in financing SME and MSME sectors. The company has announced the issue of secured, rated, listed, redeemable, non-convertible debentures of the face value of ₹ 1,000 each. The Issue opens on Thursday, February 08, 2024, and closes on Wednesday, February 21, 2024, with an option of early closure subject to compliance with Regulation 33A of the SEBI NCS Regulations.
The Issue has a base issue size of ₹ 10,000 lakhs with an option to retain oversubscription up to ₹ 10,000 lakhs, aggregating up to ₹ 20,000 lakhs. The NCDs are proposed to be listed on the Stock Exchanges and NSE is the Designated Stock Exchange for the Issue. The NCDs have been rated “IND A/Stable” by India Ratings & Research Private Limited.
JM Financial Limited is the sole lead manager to the issue Link Intime India Private Limited is the Registrar to the Issue and Mitcon Credentia Trusteeship Services Limited is the debenture trustee to the Issue.
This issue has tenor of 18 months, 24 months, and 27 months for secured NCDs. Effective yield (% per annum) for NCD holders in all Categories ranges from 10.72% to 11.03%. Redemption Amount (₹ / NCD) on maturity for NCD holders in all Categories range is ₹ 1000 and for Series III it is through Staggered Redemption in eight (8) quarterly payments of ₹ 125 each, starting from 1st quarter from the deemed date of allotment until maturity.
At least 75% of the Net proceeds of the Issue shall be utilized for onward lending and financing business of the company in the ordinary course of business (including for repayment / refinance of existing borrowings) and Not exceeding 25% shall be used for general corporate purposes.
As of March 31, 2023, its CRAR, by the Audited Financial Results was at 20.23%, and for the nine months ended December 31, 2023 stood at 22.27%.
UGRO’s AUM has grown from ₹ 1316.87 crore as of March 31, 2021, and ₹ 2969.80 crore as of March 31, 2022, to ₹ 6080.71 crore as of March 31, 2023. As of December 31, 2023, our AUM is at ₹8363.76 crore. Across the offered products, as of December 31, 2023, the average ticket size stood at ₹ 16.19 lakh and our average lending rate stood at 16.3% p.a.
14, Feb 2024
WION team spotted at Craft Village; Dialogue on Sustainable Fashion spark
The WION team was spotted amidst the enchanting charm of the Craft Village, Delhi, signaling a deep dive into the world of Sustainable Fashion. Amidst whispers of artisans and eco-conscious innovations, anticipation builds for the unveiling of their discoveries.
Rahesha Sehgal’s Instagram stories, one of the distinguished news anchors at WION, also offered a sneak peek into the team’s endeavors on #FashionforGood. Additionally, there were also some more captivating images capturing the essence of the shoot location, providing glimpses of artisans immersed in their craft and the serene surroundings of the Craft Village.
With sustainability emerging as a pressing global concern, WION’s foray into this domain signals a commitment to fostering dialogue and awareness around responsible fashion practices. The unfolding narrative of WION’s exploration into Sustainable Fashion at the Craft Village will gradually reveal itself over time.
14, Feb 2024
SonicWall Honours Treasured Partners, Distributors with Annual SonicWall Partner Awards
India, 14th February 2024 — SonicWall acknowledged distinguished partners and distributors for their sustained excellence in protecting customers in an ever-evolving, complex threat landscape with its annual SonicWall Partner Awards. The awards recognise SonicWall partner organisations worldwide that have displayed uncommon excellence on delivering cybersecurity solutions to their customers.
“For the past three decades, SonicWall has owed its success to the dedication of its esteemed partners and distributors,” said SonicWall CEO and President Bob VanKirk. “We’re extraordinarily grateful for our growing community of 17,000 partners and distributors. But above all, we’re grateful for the opportunity to honour those SonicWall SecureFirst partners who have exemplified our values and dedicated themselves to delivering world-class SonicWall security to organisations across the globe.”
Commenting on the remarkable achievements of the APJ winners, Debasish Mukherjee, Vice President, Regional Sales, Asia Pacific Japan at SonicWall said “We are honoured to acknowledge the outstanding achievements of our partners and distributors in the Asia Pacific Japan region. Their relentless dedication to delivering top-notch cybersecurity solutions has been instrumental in safeguarding customers amidst a rapidly evolving threat landscape. The annual SonicWall Partner Awards reinforce our heartfelt gratitude for their unwavering commitment to excellence and securing organisations worldwide.”
Partners were nominated in various categories in each region for outstanding performance throughout the past year. For each of the Partner Awards, SonicWall selected from a large pool of nominees one partner per region who demonstrated consistent excellence over the past year. These partners have delivered tremendous performance, comprehensive expertise and unsurpassed service.
SonicWall is pleased to announce the following APJ winners:
| Sub-region | Category | Winners |
| ANZ | Distributor of the Year | Dicker Data Australia |
| Partner of the Year | Focus Networks | |
| Enterprise Partner of the Year | Hitech Support | |
| Newcomer of the Year | Techbridge Consulting | |
| Partner Hero of the Year | Sean Dendle (CYMAX PTY LTD) | |
| ASEAN | Distributor of the Year | MEC Networks Corporation |
| Partner of the Year | Titan Systems Integration | |
| Enterprise Partner of the Year | Accent Micro Technologies Inc. | |
| MSP Partner of the Year | Nanyang Tech Pte Ltd | |
| Newcomer of the Year | Xcess Networks (M) Sdn. Bhd | |
| Partner Sales Hero of the Year | Hesdi Triantono (PT Wahana) | |
| GCR | Distributor of the Year | Data World Computer & Communications |
| Partner of the Year | Shenzhen Secuunion Info-Tech | |
| Enterprise Partner of the Year | IT Check Solutions | |
| Newcomer of the Year | Shenzhen Cydefend Communication Information Technology | |
| Partner Sales Hero of the Year | Cheng Bingsong (Nanjing Yinqiang) | |
| INDIA and SAARC | Distributor of the Year | Redington India Ltd |
| Partner of the Year | ITCG Technologies LLP | |
| Partner of the Year | Oculin Tech (BD) Limited. | |
| Enterprise Partner of the Year | Network Techlab (I) Pvt Ltd | |
| Newcomer of the Year | Lapsys Infotech Pvt Ltd | |
| Partner Hero of the Year | Miloni Mehta (HT Technologies) | |
| JAPAN | Distributor of the Year | SB C&S Corporation |
| Partner of the Year | Dell Japan | |
| Newcomer of the Year | DIS Service & Solutions Corp | |
| Partner Sales Hero of the Year | Hideo Doi (Nihon ICS) | |
| KOREA | Distributor of the Year | Secuwide Corp |
| Partner of the Year | Core IT Co., Ltd. | |
| Newcomer of the Year | SG Nine | |
| Partner Hero of the Year | Jeong Seok-Jo (Secuwide) |
SonicWall takes great pride in honouring partners and distributors every year for their special contributions in protecting customers from cyber threats.
14, Feb 2024
Driven by Data: Fueling EVs
Imagine a world where the hum of engines and the smell of exhaust are things of the past. That’s the future electric vehicles (EVs) promise us. As it stands, our roads contribute about 12% of global carbon emissions, but the rise of EVs is key to turning this around and making transportation cleaner and greener.
But, to accelerate EV adoption, the sector needs to leverage a new type of fuel altogether: data.
EVs are game changers for infrastructure around the globe. With their growing numbers, they’re reshaping everything from city layouts to how we manage our electricity supply. The shift to EVs brings new challenges for our power grids and the need for innovative infrastructure to keep them running.
Here’s how data can help meet those challenges:
THE GRID
The central challenge that data can solve boils down like this: Lots of people tend to charge their EVs at the same time, placing sizable strain on electricity grids. But there are also periods when few people are charging their cars, meaning there is excess capacity in the grid. Is there a way to shift EV owners’ behaviors so they charge during times of lower demand?
“Intelligent EV charging is becoming a big area,” said IEEE Senior Member Kyri Baker. “Charging EVs at high power rates can strain infrastructure like transformers, so smart scheduling of charging can help extend the lifespan of these components.”
By looking at how customers have used power in the past, it’s possible to make the distribution of electricity – especially for charging things – more efficient. By figuring out the busiest times and places for electricity use, the people running the power grid can spread out the power usage better. This way, they can avoid overloading the system, save on energy costs, and make the whole network run smoother.
WHERE CAN YOU CHARGE?
Knowing how much battery power an EV has left is super useful, not just to individual drivers, but to all their fellow drivers on the road. That information, sometimes referred to as the vehicle’s state of charge, can tell an individual motorist how far they can go before they need to refuel. By collecting and analyzing state-of-charge data for many vehicles, a driver can know the best charging station to use to avoid a wait. And builders would also be able to use the data to understand the best place to build new charging stations.
“By analyzing the historical data of electric vehicle charging station use, like time of day, day of the week, seasonal variations, etc., it is possible to understand where the demand is high,” said IEEE Senior Member Marcio Andrey Teixeira. “The behavior of the data is another important factor because it provides insights like preferred charging times and popular routes. This information helps in the optimization of the placement of charging stations along frequently traveled routes.”
Learn more: Electric vehicles are here to stay, according to an editorial from IEEE Power & Energy Magazine. This means that the distribution grid and its stakeholders need to ensure that EVs and the grid work together. The Nov.-Dec. 2023 issue devotes numerous articles to the challenges of integrating EVs.
14, Feb 2024
Siegwerk India earns Great Place to Work® Certification
India, 14 February 2024 – Siegwerk, a global leader in packaging and printing inks and coatings, has been Great Place to Work® Certified™ in India. The certification awarded to Siegwerk was the result of a comprehensive evaluation process, focusing on the level of trust within the organization and the consistency of the employee experience. This was meticulously assessed through the Great Place to Work Trust Index Survey.
This accolade not only highlights Siegwerk’s excellence in people management and organizational practices but also reinforces its position as a leader in the industry, committed to advancing a culture of trust and respect that sets the standard for others to follow. Great Place to Work®, the internationally recognized authority on workplace culture, has been at the forefront of understanding and defining what makes a workplace truly great since 1992. By conducting extensive surveys that have reached over 100 million employees across the globe, they have harnessed deep insights into the core elements that contribute to a positive and productive workplace environment: trust.
Mr. Ashish Pradhan, President at Siegwerk Asia commented, “At Siegwerk, we have cultivated a culture that values, respects, and empowers every individual to reach their full potential. Being the first ink company in India to receive this certification, this momentous occasion reiterates our commitment to adhere to the core values of trust, collaboration and excellence – the driving force at Siegwerk that has enabled an engaged workforce, helping them to reach their potential. Our values have also been fueling our mission to partner and provide safe, sustainable and competitive packaging solutions to the industry.”
“It is a journey that has bonded us, not just as colleagues, but as a family united by a shared vision and purpose. Every milestone we achieve is a testament to the passion and perseverance that each member brings to the table, illuminating our path with innovation and integrity.”, he added.
The Great Place to Work Trust Index Survey examines individual employee experiences across five key dimensions of company culture through a series of 60 statements and two open-ended questions. The dimensions that were evaluated include credibility, respect, and fairness—elements directly linked to the actions and behaviors of leaders that build trust. Additionally, the survey explored the dimensions of pride and a sense of belonging, which reflect the employees’ overall experience in relation to their colleagues and the broader organizational context.
The certification underscores Siegwerk’s success in establishing a work setting where employees feel genuinely respected, valued, and empowered, contributing to a sense of pride in their work and a strong feeling of community and belonging within the company.
