21, Nov 2023
Bollywood Hungama is now available on YuppTV’s FAST network platform for global audience

National, 21st November 2023: Bollywood Hungama, India’s premiere Bollywood news and entertainment website has partnered with YuppTV, one of the world’s largest internet-based TV and on-demand service providers for South Asian content. Together they have announced the launch of Bollywood Hungama globally through YuppTV’s FAST (Free Ad-Supported Streaming Television) network platform. This launch will feature all news and gossip surrounding the world of Bollywood and the Indian entertainment business for the South Asian audience.

This collaboration offers users a diverse range of content, including the latest songs, popular movies, engaging original shows, music videos, and sought-after podcasts—all conveniently available on a unified platform. Through YuppTV’s FAST network, users gain exclusive access to Bollywood Hungama’s content. With an impressive user base of 70 million, Bollywood Hungama stands as the frontrunner in the Indian entertainment landscape, providing comprehensive coverage of Bollywood news and information. This partnership ensures users remain informed about the latest developments while enjoying a seamless entertainment experience. The fusion of YuppTV’s technology and Bollywood Hungama’s content is poised to enhance the digital entertainment landscape.

Creative - Bollywood Hungama x YuppTV

Siddhartha Roy, CEO, Hungama Digital Media, remarked on the partnership, “The collaboration between Bollywood Hungama and YuppTV is poised to introduce a compelling and vibrant facet of entertainment to the South Asian audience. In the ever-evolving and dynamic media landscape of today, where smart TVs play an indispensable role in the viewing experience, we acknowledge the need for innovation within the FAST (Free Ad-Supported Streaming Television) category. We are looking forward to expand our footprints in this domain, with a commitment to delivering exceptional content tailored to the unique preferences of our valued audience.”

Commenting on the launch, Uday Reddy, Founder & CEO, YuppTV said, “We are delighted to announce the launch of Bollywood Hungama on our FAST network platform, a segment that has grown exponentially. The Bollywood entertainment website boasts a strong user base of 70 million, and has a highly engaging community of more than 16 million+ on social media, presenting a unique opportunity for us to reach out to more viewers globally. We are excited to provide our current user-base with original content from Bollywood Hungama, helping them keep up with the latest news from Bollywood, Hollywood, OTT, and television.”

21, Nov 2023
BIMTECH’s 3rd PRISM 2023 Concludes with Insightful Closing Remarks by IIM Nagpur Director, Education Advisor to the Chief Minister of the UP Government

November 21st, 2023; Bangalore: Birla Institute of Management Technology successfully hosted the ‘3rd PRISM 2023 INTERNATIONAL CONFERENCE’ from November 17th to 19th. The conference explored the challenges of leadership, digitalization, and sustainability under the theme “Reimagining the Future of Business: The Challenges of Leadership, Digitalization, and Sustainability.”

The ceremony concluded with the Dr. Pritam Singh Award Ceremony and Valedictory Function, featuring distinguished personalities, including Prof. Anil Sahasrabudhe, Chairman of the National Educational Technology Forum; Prof. D P Singh, Education Advisor to the Chief Minister, UP Government; Mr. P Dwarkanath, President of PRISM; Bhimaraya Metri, Director, IIM Nagpur; Prof. Dr. C Rajkumar, Founding Vice-Chancellor of OP Jindal Global University, Haryana; and Prof. H Chaturvedi, Director of BIMTECH.

Dr. Pritam Singh Lifetime Achievement Award 2023 is conferred upon Prof. Anil Sahasrabudhe, Chairman of the National Educational Technology Forum, EC-NAAC, and NBA. Dr. Pritam Singh Transformational Leader Award 2023 is conferred upon Prof. Dr. C Rajkumar, the Founding Vice Chancellor of OP Jindal University, Haryana.

Left to right- Mrs Manosi Chaudhuri, Mr. P. Dwarakanath, Mr. Anil Sahasrabudhe, Mr. D.P Singh,. Mr. H. Chaturvedi, Mr.Bhimaraya Metri (1)

Bhimaraya Metri, Director, IIM Nagpur remarked, “During the 3rd PRISM conference in 2023, we observed active participation from a diverse array of esteemed individuals, including seasoned educators, scholars, and professionals deeply immersed in the field of education. Their collective engagement added immense value to the conference, fostering a dynamic exchange of ideas and insights.”

Prof. H Chaturvedi, Director of BIMTECH, stated, “During the three-day conference, we learned one important thing: if you do good things in life, help others, take care of your pupils, people will never forget you, even if you depart from this world.” He further illustrated this principle through the example of Dr. Pritam Singh, emphasizing his roles as an educator, thought leader, and administrator.

Left to right- Mr. H. Chaturvedi, Mr. P. Dwarakanath, Mr. Anil Sahasrabudhe, Mr. D.P Singh,. (1)

The 3rd PRISM 2023 INTERNATIONAL CONFERENCE was made possible through the generous support of its sponsors and partners. Adani Enterprises and Union Bank of India played pivotal roles as Gold Sponsors, while Executive Access contributed as a Silver Sponsor. The international conference also received valuable support from Hindustan Petroleum Corporation Ltd.

(HPCL), Institute of Public Enterprise (IPE), Association of Indian Management Schools (AIMS), Vishwa Vishwani Institute of Systems & Management (VVISM), and Siva Sivani Institute of Management (SSIM) as Bronze Sponsors. Recognizing the significance of the conference, ICSSR (Indian Council for Social Science Research) and the Ministry of Education provided grant support. The media presence was amplified through the collaboration with Business World as the Media Partner and Education Promotion Society for India (EPSI) joined as a Partner, contributing to the success of the international conference.

21, Nov 2023
Give Wings to Your Creative Dreams with Increate Jewelry Institute

New Delhi, 21st November 2023: Announcing the launch of the Increate Jewelry Institute, where imagination knows no bounds, and creativity reigns supreme! Increate Jewelry Institute is the destination to acquire the skills of crafting jewelry pieces in both 2D and 3D dimensions. The industry experts guide students through a diverse range of courses, offering hands-on training in the latest CAD-CAM technologies. It offers Diploma courses of 26 and 50 weeks and various short-term courses designed to meet the needs of all types of learners. Anyone who wants to learn how to design jewelry can enroll in the course without having any background in jewelry design.

 Increate Jewelry Institute was founded by Ms. Shakti Piplani, who was a former Design Head Manager at P.C. Jewellers, Delhi for 11 years. She has also been invited as a guest lecturer at many known institutes such as INSD, IIFT, Satyam Women Polytechnic, and IMS Dia.

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 At the launch, Ms. Shakti Piplani, Founder of Increate Jewelry Institute said “Jewellery design is a form of self-expression. It’s about capturing moments, emotions, and stories in exquisite pieces of wearable art. It’s about understanding the significance of each gemstone, the history behind each style, and the skills to bring these elements together into something truly unique.  In our courses, you will not only gain a strong foundation in the fundamentals of jewelry design but also can push boundaries, and experiment with new materials and technologies thus discovering your individual style.”

 The Founder of the Institute Ms. Shefali Agarwal – a luxury designer, who has worked with 500+ clients and owns Kusumavali Jewels established in 2012, further added that “We envision our students as the torchbearers of innovation in the jewelry industry, carrying forward the rich traditions of designing while embracing the ever-evolving demands of the modern world.  I feel both proud and privileged to lead a community of passionate individuals sharing a common love for creativity and artistry. Our commitment to nurturing talent, fostering creativity, and instilling technical prowess in our students remains unwavering. Whether you are here to pursue a lifelong passion, advance your career, or explore the depths of design possibilities, know that you are at the right place.”

 Jewellery is where traditional craftsmanship, luxury, and personal stories interweave, and any aspiring designer needs to have a grip on a broad mix of artistic as well as technical skills. At IJI, we encourage an out-of-the-box thinking attitude, embrace new changing trends, and challenge convention.

 IJI embraces individuality and expertise in teaching jewelry design. It is dedicated to shaping the next generation of visionary artists. Students can enrich their skills by learning from seasoned industry experts at Increate Jewelry Institute, which offers a diverse array of courses as per the goals.

21, Nov 2023
Cashfree Payments launches ‘KYC Link’ – India’s first no-code verification solution to empower Indian businesses in their digitalization journey

● A seamless way for merchants to verify user identity eliminating the need for technical expertise thereby enhancing accuracy and reducing drop-offs
● The solution is the newest addition to Cashfree Payments’ Verification Suite which is India’s fastest-growing Verification Platform, authenticating over 40 cr+ individuals annually
● In the last few months, Cashfree Payments has launched multiple revolutionary innovations such as BNPL Plus, UPI Autopay, and Flash UPI among others

 Bengaluru, November 21, 2023: – Cashfree Payments, India’s leading payments, and API banking company announced the launch of ‘KYC Link’ – India’s first no-code verification solution for Indian businesses, marking a significant leap in simplifying digital identity verification for MSMEs, emerging and digitally transitioning sectors. The solution eliminates the need for extensive technical expertise, allowing businesses to adopt KYC solutions on day 0, and accelerating revenue generation from newly onboarded users.

 Announcing the launch, Akash Sinha, CEO, and Co-founder, of Cashfree Payments said, “We are excited to introduce India’s first no- ode verification solution, KYC Link, to help Indian businesses across MSMEs, emerging and digitally transitioning sectors address verification constraints seamlessly. Built and developed in-house, this solution will revolutionize customer experience, reduce user drop-offs, and unlock a higher verification completion rate while helping businesses get compliant with applicable regulations at lower cost. At Cashfree Payments, we continuously problem solve through our engineering excellence, and through industry-first launches like these, our aim is to build products and solutions that will support the Indian business ecosystem to grow, thrive, and set new benchmarks.”

 With KYC Link, merchants can effortlessly send verification links through SMS, email, or WhatsApp to the user’s mobile number, providing a seamless experience and ensuring a close to 99% success rate. This process can be automated, saving time and resources for the merchant, or done manually as per their preference. Due to its user-friendly interface, the solution mitigates user drop-offs, enhances the overall customer experience, and achieves a higher verification completion rate.

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 Addressing the technological excellence behind the groundbreaking product, Ramkumar Venkatesan, CTO at Cashfree Payments, “KYC Link is a powerful metadata-driven, no-code platform designed for dynamic customisation and easy maintenance. Our engineering team has utilized a proprietary Domain-Specific Language (DSL) and tools to generate customized dynamic forms for our merchants, ensuring a seamless user experience. We are excited to introduce yet another industry-first product and look forward to delivering accessible and efficient solutions as per market requirements.”

 KYC Link incorporates all existing verification solutions offered by Cashfree Payments, including Bank Account Verification (across a network of 600+ banks), UPI, PAN, and Aadhaar among others. Also, the solution enables businesses to generate personalized KYC verification links, with the feature to incorporate a business logo and color scheme to enhance the brand experience.

 KYC Link is the newest addition to CashFree Payments’ Verification Suite, which is India’s fastest-growing Verification Platform, authenticating over 40 cr+ individuals annually. Businesses can process over 10,000 verifications at once through Excel upload or a simple API integration. Verification Suite by Cashfree Payments helps businesses verify the identity and source of funds of individual users and partner businesses like suppliers or service providers through the authentication of Aadhaar, PAN, GSTN, Bank Accounts, and UPI handles among others.

 Cashfree Payments today is among the leading online payment aggregators and also leads the way in bulk disbursals in India with its Payouts with over 50% market share. India’s largest lender, SBI invested in Cashfree Payments underscoring the company’s role in building a robust payments ecosystem. Cashfree Payments works closely with all leading banks to build the core payments and banking infrastructure that powers the company’s products. Cashfree Payments is also integrated with major platforms such as Shopify, Wix, Paypal, Amazon Pay, Paytm, and Google Pay. Apart from India, Cashfree Payments solutions are used in eight other countries including the USA, Canada, and UAE.

21, Nov 2023
Schneider Electric Unveils Cutting-Edge Battery Lab in Bangalore

Mumbai, November 21, 2023: Schneider Electric, the global leader in the digital transformation of energy management and automation, today unveiled its state-of-the-art Battery Lab. This milestone solidifies Schneider Electric’s position as the frontrunner in driving the new energy transition, emphasizing its commitment to sustainable energy solutions and environmental consciousness.

 The newly inaugurated Battery Lab is poised to transform the landscape of research, and development in battery technologies. This state-of-the-art facility will advance diagnostic equipment and have modern safety systems and dedicated testing chambers to ensure optimal performance of the batteries and adherence to stringent safety standards. This emphasis on safety and performance underscores Schneider Electric’s commitment to delivering high-quality, reliable energy solutions.

 Pankaj Sharma, Executive Vice President of the Secure Power Division at Schneider Electric, expressed his enthusiasm, stating, “The inauguration of the Battery Lab is not just a step forward for our company but a leap forward for the entire industry. By focusing on collaborative research and pushing the boundaries of what’s possible, we’re paving the way for a brighter, more sustainable future.”

 Commenting on the launch, Sachin Bhalla, VP, of Secure Power Division, India, and SAARC region, Schneider Electric, said, “At Schneider Electric, we believe that sustainability and innovation go hand in hand. We foresee the potential that battery technology holds. This Battery Lab will spearhead the development of innovative battery technologies and explore new energy storage solutions that prioritize sustainability and minimize environmental impact. Our goal is to create a more resilient future by offering environmentally responsible digital products and solutions, and this launch is a substantial move toward achieving it.”

21, Nov 2023
Indulge in Authentic Thai Flavours with Chef Nisa Yimthong’s Culinary Showcase at Tamra, Shangri-La Eros New Delhi

(New Delhi, November 2023) Shangri-La Eros New Delhi is delighted to welcome its beloved guests on a culinary journey with Chef Nisa Yimthong at Tamra, the esteemed multi-cuisine restaurant, from 17 to 26 November 2023. With a rich tapestry woven from diverse global epicurean experiences and an unwavering passion for Thai gastronomy, Chef Nisa will showcase her artistic cooking skills, seamlessly intertwined with opulence.

Thai Chef Nisa Yimthong (1)

This exclusive Thai pop-up is a celebration of Thailand’s rich culinary traditions and is meticulously curated to captivate guests with an array of dishes. Guests can savour delicious Sukhumvit Night Noodle Soup, Traditional Red and green Thai Curry, the aromatic delight of Whole Steamed Fish with Lemongrass and Galangal, the crispy perfection of Thai Fritto Mix Fried Seafood, Jackfruit with Sticky Rice, Tub Tim Krob, the time-honoured flavours of iconic Pad Thai Noodles and many more.

Selection of Satay

The pièce de résistance of this culinary spectacle lies in the authenticity of the Thai dishes, paired with cocktails and mocktails that have been specially crafted for this purpose. The highlight of the pop-up is the noodle cart and live counter display, where Chef Nisa takes centre stage. This irresistible array guarantees an immersive Thai dining experience – one that transcends the ordinary, tantalises the taste buds and leaves an indelible mark on every guest’s memory.

Patrons can delve into the intricacies of Thai cuisine and make Tamra their ultimate destination for an unforgettable and sumptuous culinary experience.

21, Nov 2023
DSP Mutual Fund launches DSP Banking & Financial Services Fund

Mumbai, November 21, 2023: The Banking and Financial Services sector has been a structural growth story in India, which is evident in its outperformance over the broader Nifty 50 Index on all 10-year periods. The returns from the sector have also been more consistent across time periods compared to the broader Nifty 50 Index. However, the sector has been underperforming the Nifty 50 Index since September 2019. Hence, the possibility of a reversal in underperformance combined with reasonable valuations for the Banking and Financial Services sector along with their strong balance sheets present an interesting opportunity to investors.

 DSP Mutual Fund announced the launch of DSP Banking & Financial Services Fund (DSP BFSF), an open-ended scheme that offers investors an opportunity to partake in the long-term structural opportunity in the banking and financial services space. Apart from banks, the sector also encompasses major areas like NBFCs including Housing Finance Companies, Life Insurance, Non-Life Insurance, AMC, Exchanges, and depositories, which have all grown at a faster rate than the nominal GDP of India in the last 15 years. All these combined make up a profit opportunity of over $ 4 Trillion.

 The Nifty Financial Services TRI has also delivered over 12% returns in 90% of time over a 7+ year timeframe compared to 52% for Nifty 50 TRI. Banking, Financial Services, and Insurance (BFSI) forms 38% of the profit pool of the Top 500 companies in India but is just 26% of the market cap. The last 10-year profit growth for BFSI was 17% compared to 10% among Top 500 companies excluding BFSI. Bank balance sheets have also grown stronger with lower NPAs. This could aid a sustained pick up in credit growth.

DSP BFSF follows a stock-specific approach that favors business fundamentals over market outlook and attempts to have a high active share compared to the benchmark. It also has the flexibility for Global Investments where the Fund Manager can invest in selective fundamentally sound businesses internationally which is not available in India.

 Under normal circumstances, the asset allocation of DSP BFSF would be between a minimum of 80% to a maximum of 100% in equity and equity-related securities of companies in the Banking and Financial services sector, up to 20% in equity and equity-related securities of other companies, up to 20% in debt and money market instruments and up to 10% in units issued by REITs and InvITs.

The New Fund Offer for DSP BFSF will open for subscription on November 20 th, 2023, and will close on December 4 th, 2023.

 “Companies in the BFSI sector have large profits compared to other sectors. The profit pool is also growing due to the addition of diverse businesses across insurance companies, mutual funds, wealth management firms, tech platforms supporting the industry, payments, and fintech. We prefer to raise money in such sectors with long-lasting growth when their prices are falling or consolidating. Lenders also have leverage as raw material and hence go through cycles of volatility. In recent years, stocks in the BFSI space have corrected, thus increasing the margin of safety for an investor. We are happy to launch the NFO when valuations are reasonable,” says Kalpen Parekh, MD & CEO, of DSP Mutual Fund.

21, Nov 2023
HDFC Life enters into a Corporate Agency tie-up with Karnataka Bank to offer life insurance solutions to its customers

Mumbai, November 21, 2023: HDFC Life, one of India’s leading life insurers, and Karnataka Bank have entered into a Corporate Agency (CA) arrangement.

This CA arrangement will enable customers of Karnataka Bank to avail HDFC Life’s wide range of life insurance products which include solutions for protection, savings and investment, retirement, and critical illness.

 India is largely underinsured. The protection gap in India is higher than that of most developed markets. For every individual with responsibilities, it is necessary to secure themselves and their families financially. Life insurance is a product that not only provides financial security but also enables individuals to save over the long term in a disciplined manner thus fulfilling their long-term financial goals.

 HDFC Life constantly endeavours to reach out to individuals across geographies thus ensuring that they are protected with a financial safety net. This partnership with Karnataka Bank will further strengthen HDFC Life’s efforts towards Insuring India.

 By combining Karnataka Bank’s century-old banking experience and HDFC Life’s expertise in providing quality life insurance products, this collaboration is set to deliver a host of benefits along with superior service to customers seeking financial security and life protection.

 Speaking on the arrangement, Ms. Vibha Padalkar, MD & CEO of HDFC Life said, “It gives us great pleasure to partner with Karnataka Bank. Given the under-penetration, there is tremendous potential for life insurance in our country. Life insurance is the first step towards financial planning and we believe it is a must-have for every individual with responsibilities. With our rich experience in managing bancassurance partnerships, we aim to offer a comprehensive suite of product solutions and best-in-class servicing, leveraging our investments in technology. We look forward to working closely with the Karnataka Bank team for the benefit of their customers”.

 Speaking about the new association, Mr. Srikrishnan H, MD & CEO of Karnataka Bank expressed “We are excited to partner with HDFC Life in our centenary year.  This collaboration aligns with our commitment to enhancing the suite of financial products and services available as a choice to our customers. It reflects our dedication to providing holistic financial solutions through our wide distribution and digital network and ensuring the well-being and security of our customers and their families.”

 HDFC Life has always had a customer-centric approach. The Company’s flagship products are designed keeping in mind different customer needs. HDFC Life’s claims intimation process is available online. Customers and claimants can avail the services without having to step outside their homes.

21, Nov 2023
Canara Bank launches new products on its 118th Founder’s Day

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On the occasion of 118th Founder’s Day, Canara Bank’s MD & CEO Shri K Satyanarayana Raju along with the Executive Directors launched various new products & services for the customers. The new products & services namely:

Corporate ai1 – will cater to the diverse needs of the Corporate Customers of the Bank, who can perform Banking transactions through Corporate Internet Banking and on the ‘Canara ai1 Corporate’ App interchangeably.

Whatsapp Banking Channel – provides 18 services to customers such as balance inquiries, mini statements, etc by simply sending a Hi/Hello message on 9076030001.

Canara UPI 123 Pay – an IVR-based UPI solution for feature phone users. Account holders of any Bank can avail of this facility in 10 Indian languages including English.

21, Nov 2023
Tata Power Renewable Energy Limited crosses significant milestone of 1.4 GW capacity of Group Captive projects

Bangalore, November 21, 2023: Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, one of the large renewable energy players in India has crossed the 1.4 GW capacity of group captive projects in the last seven months. This achievement is the result of the signing of Power Delivery Agreements (PDA) with various industries across segments.

tata power

Some of the prominent group captive projects that TPREL has signed in the last six months include – collaborations with Tata Steel, Tata Motors, Mukand Limited (a Bajaj Group company), Supreme Petrochem Limited, Xpro India Limited, Neosym Industry Limited, Chalet Hotels Limited, Sanyo Special Steel Manufacturing India Pvt. Ltd, ANAND Group, and Endurance Technologies Limited, to name a few. TPREL is also set to construct a 41MW captive solar plant for Tata Power’s upcoming 4.3GW Solar cell & module manufacturing facility in Tamil Nadu.

Mr. Deepesh Nanda, CEO & MD, TPREL said, “Crossing the 1.4 GW mark is not just a milestone for us but a testament to our continuous dedication to sustainability and our contribution towards the country’s green energy ambition. We take pride in our role as a catalyst for positive change, delivering customized clean energy solutions that align with the unique needs of each industry. This achievement is not just a number; it represents our shared journey towards a greener, more sustainable future.”

With these group captive projects, TPREL’s overall renewables capacity as of Oct’23 has reached 7,961 MW, which comprises 3,755 MW of projects in different phases of development and with an operating capacity of 4,206 MW, which includes 3,200 MW in solar projects and 1,006 MW in wind projects. TPREL also has a huge pipeline of renewable projects under finalisation which will further add to its capacity in the coming months. This reinforces TPREL’s position as a key player in the renewable energy sector, confirming its commitment to accelerating the energy transition to a more sustainable and environment-friendly future.