Archive: November 5, 2022

Punjab National Bank organizes Walkathon to mark Vigilance Awareness Week at National Police Memorial in Delhi

New Delhi, November 5, 2022: Punjab National Bank (PNB), the nation’s leading public sector bank, organized a walkathon at the National Police Memorial in Delhi to mark Vigilance Awareness Week.

PNB’s Zonal Office in Delhi organized the initiative in the presence of Shri Atul Kumar Goel, MD & CEO, Shri Vijay Dube ED, Shri Vijay Kumar Tyagi, CVO, ShriSameer Bajpai, CGM, ZM, and Shri Anurag, IPS, Joint Director, Central Bureau Investigation.

Indian Plastics Federation presents India’s leading and Eastern India’s largest International Plastics Exhibition” INDPLAS’22” in Kolkata.

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Industry leaders advocate for Microfinancing, technology adoption, and skilling small retailers for India@100

New Delhi, 5 November 2022:With the objective to strengthen the eco-system for small retailers and to future-proof them for India’s $5 trillion economy, the Federation of Indian Chambers of Commerce & Industry (FICCI) and Center of Policy Research and Governance(CPRG) India in association with METRO Cash & CarryIndia organized a multi-stakeholder conference, ‘Retail Samvad’ on the theme ‘Future of small retail: Strengthening & Skilling retailers for India@100’ in New Delhi.

The conclave was graced by Dr. Sudhanshu Trivedi, Member of Rajya Sabha and National Spokesperson of BJP, and B. B. Swain, Secretary, Ministry of Micro Medium and Small enterprises, Government of India who unveiled the recommendation report of Retail Samvad 3.0.

The inaugural address on Future of small retail: Strengthening & Skilling retailers for India@100was delivered by Dr. Sudhanshu Trivedi, Member of Rajya Sabha and National Spokesperson of BJP, who said, “The Retail sector is one of the key sectors to accelerate India to a $5 trillion economy. For the benefit of the sector, the Government has included traders and retailers in the ambit of MSME. To safeguard them, the Government also brought the rule of disallowing global tender for procurement up to Rs 200 Cr. Today, the mindset has changed from job seeker to job creator with the PM Mudra Yojna wherein over 34 Cr people have taken small loans under the Mudra Yojna. In conservative estimates, if one-third of them have created a single job, close to 12 crore jobs would have been generated which is a transformational change at the grass-root level.”

The first-panel discussion focused on the topic: Implementation of NRP: Need for a level playing field for small retailers for their sustainable operation. As the retail sector has been experiencing the effect of the formalization of the economy and digitalization, the sector needs a National Retail Policy that includes the interests of small retail, modern retail, and e-commerce partners and establishes a level playing field for both online and offline retailers. Small retailers and kiranas need to be empowered with data analytics to increase their sales and footfall.

Sharing his views on the National Retail Policy, Mr. Arvind Mediratta, Chairperson for Retail and Internal Trade, FICCI and MD & CEO of METRO Cash & Carry India, said, “Since the pandemic, the retail sector has been evolving with digitalization and formalization of the economy. As kiranas are the backbone of the Indian retail economy, it’s pertinent that we empower them. Local Kiranas are known for their low cost and last-mile delivery. They are very astute and make profits even ins smaller markets. A comprehensive retail policy will provide a major fillip to the sector and provide the required level playing field for both online and offline retailers. National Retail Policy will also help technology adoption in the sector and ensure implementation of minimum wages and employee welfare schemes, and will lead to much entrepreneurial success stories while attracting quality talent”

Speaking on Government initiatives for the retail sector, B B Swain, Secretary, Ministry of Micro Medium and Small enterprises, Government of India, said “Retail sector is an integral part of the economy. In about 15 months since the time wholesale and retail trades were allowed in Udyam Portal, as many as 2.9 million wholesale and retail businesses have registered. This constitutes over 25% of all registrations that had taken place on the Udyam System. The figure underscores the importance of the sector. We are working towards bringing formalization to the informal sector. Their formalization will help them to have easy access to credit. We hope to reduce the credit gap with concerted efforts. Formalization and credit felicitation will become more effective with policy recommendations. Based on stakeholder demand, we extended non-tax benefits for 3 years instead of 1 year to all MSMEs if their categorization status has changed upwards. I will be looking forward to seeing the outcome from today’s discussion and will endeavor to take them to their logical conclusion.”

Talking about policy intervention to ring-fence small retailers, Dr. SP Sharma, Economist, said“Considering the vulnerability and importance of the sector, it is important to move forward with a crystal clear policy. Right now the investment environment is not that conducive. The sector has a high potential of attracting investment. It has a major role to play in India becoming a $5 Trillion economy. According to various reports, there are more than 30 approvals required to set up a retail business. We have to come forward with a liberal, transparent policy for domestic players without many barricades. We have a great capacity to absorb any opportunity from e-commerce to direct selling. There are some issues that are favorable to a certain sector and not so to the other sector. We need to have a balanced approach. The longer-term policy will be of much benefit to the sector.”

Adding to the discussion, Mr. Satish N.S. President Haier Appliances, India, “For the large retailers, the cost of selling is not going to come down. It is in the interest of larger organizations that smaller retailers survive. The fundamental difference is that in the US, people buy online because of convenience. In India, people buy online because of discounts. If the discount drops, people would leave the online channel. If the predatory pricing is controlled, the bottom of the pyramid can take care of itself.”

The daylong event concluded with think tanks deliberating on decoding skill gaps amongst the kiranas, and how retail giants can help empower and upskill small retailers and MSMEs with financial literacy.

Tipping Point collaborates with Dice Media on a power-packed content line-up, starting off with ‘Cheeku’

Mumbai, 5th November 2022: Channeling the diverse, disruptive, and dynamic stories of the digital age with a focus on nuanced and edgy storytelling, Tipping Point has been consistently winning the hearts of audiences by delivering unique and innovative shows like ‘Jamtara’ and ‘She’ both of which have had successful second seasons, as well as critically acclaimed series like ‘Taj Mahal 1989’ and the anthology of Satyajit Ray’s short stories – ‘Ray’. With the persistent motive of curating innovative and out-of-the-box content, Tipping Point has scaled up its slate with an array of exciting new series like ‘Parallax’ – a crime thriller, ‘Kaalkut’ – an investigative drama, a ground-breaking reality show ‘Transition’, the murder mystery ‘Mahim’ and ‘Boots, Belts & Berets’ based on army cadets’ life, all of which have completed production and will soon be seen on major OTT platforms.

In tune with those efforts, the digital content makers are now all set to entertain the audience with a freshly brewed content slate in collaboration with leading digital entertainment company, Pocket Aces’ premium long-form content studio, Dice Media. The long-term creative alliance between the two content mavens kickstarts with the announcement of ‘Cheeku’, a coming-of-age story, being the first of many more powerhouse shows in the pipeline. The slice-of-life comedy follows a 24-year-old boy’s struggle to come to terms with the cultural dichotomy of his life. Helmed by Rajesh Mapuskar and show run by Ashwin Suresh, the series will see the veteran actor Prakash Raj in a pivotal role.

Commenting on the collaboration, Ajit Andhare, COO – of Viacom18 Studios, under whose leadership the digital content arm was launched, said, “Tipping Point stands for unconventional yet relatable & rooted storytelling. We are dialing up our slate of digital content with a whole new array of heartwarming stories. The first of many more to come is Cheeku. Distinctive content comes from the concoction of creative minds and I’m looking forward to this long-term partnership of Tipping Point with Pocket Aces to brew more interesting stories along the way.”

Commenting on the collaboration, Vidyuth Bhandary, Studio Head, Dice Media said, “At Dice Media, relatable narratives have been the backbone of storytelling and we create these stories with a lot of love & passion ensuring it strikes the right chord with our audiences. We are extremely thrilled to partner with a creative powerhouse like Tipping Point which always backs the creative vision of their partners & together we are confident we will deliver a slate of high-quality engaging content that will be loved by the audience.”

First ever Hero Dirt Biking Challenge concludes with a thrilling finale; Asad Khan crowded the first champion

Bengaluru, November 5, 2022: In keeping with its firm commitment to promote multiple sports and sportspersons, Hero MotoCorp – the world’s largest manufacturer of motorcycles and scooters – today crowned the off-Road Riding Champion in India after a more than four-month-long rigorous contest among riders and enthusiasts across the country.

The Hero Dirt Biking Challenge (HDBC), which was launched in July 2022, concluded with the final race where the Top-20 riders from across the country competed to be the first HDBC champion.

Asad Khan emerged as the champion after the final race. Rakesh N and Gidyun were first and second runners-up respectively.

The winner, the first runners-up, and the second runners-up received the popular Hero Xpulse 200 4V motorcycle and sponsorships contracts worth Rs. 10 lakhs, Rs. 6 lakhs, and Rs. 4 lakhs respectively.

Olesya Dias was recognized as the Best Female off-Road Rider in the country for her rousing performance across all the rounds.

The HDBC will be telecast over MTV and streamed over Voot.

The finale week was held in and around Hero MotoCorp’s world-class R&D hub, the center of Innovation and Technology, (CIT), in Jaipur. The entire race and participation experience was designed at par with top international rally events. The entire finale week was curated by the Hero MotoSports Team Rally.

During the past few months, over 100,000 participants registered for the HDBC and after a rigorous nationwide contest that ran across four stages, 41 cities, and over 120 days, the Top-20 were short-listed.

Commenting on the HDBC, Ranjivjit Singh, Chief Growth Officer, Hero MotoCorp, said, “The massive excitement and participation in Hero Dirt Biking Challenge, is proof that the off-road riding segment is growing in the country and Hero MotoCorp has been at the forefront of propagating this culture with the Hero Xpulse 200 4V. Xpulse is a favorite of riders, whether professionals, amateurs, or everyday users. HDBC is a one-of-its-kind initiative in the country that has opened doors for riding enthusiasts to achieve glory and has provided India with its future champions. We congratulate the winners and wish all the finalists the best for the future.”

Talking about the talent in the country, Dr. Arun Jaura, Chief Technology Officer, Hero MotoCorp, said, “The Hero MotoSports Team Rally is the flag-bearer of Indian off-road racing globally and has been inspiring amateurs as well as professionals in the country to aspire for success on the international circuit. With superior technology and innovations, the Xpulse 200 4V is the ideal bike for riders to get into the sport, pursue their passion and go beyond boundaries. We are delighted to see our efforts bearing fruit and are confident that this sport will grow faster from here. Congratulations to the winners. Hero MotoSports will continue to support national talent in the future too.”

Successfully clearing the city and regional rounds, 90 riders reached the zonal round. Following a 4-day zonal round, where the National Team of Hero MotoSports trained participants, the Top-20 Dirt-Biking Heroes made it to the finale.

Hero MotoSports Team Rally, one of the top international teams, is the rally-racing team of Hero MotoCorp and the only Indian team ever to win a stage at the Dakar Rally. Team riders Ross Branch, Joaquim Rodrigues, Sebastian Buhler, and Franco Caimi worked with the top participants in a Residential Bootcamp and provided them with invaluable coaching.

The Hero Dirt Biking Challenge is the first-of-its-kind pan-India talent-hunt program by an OEM (original equipment manufacturer) and is aimed at providing the much-needed platform for budding riders, enthusiasts, and amateurs who want to pursue their passion in off-road racing and make a name for themselves in the field.

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Gaurs Group announced a mixed land use project in Ghaziabad

New Delhi 5th November 2022: NCR-based realty major; Gaurs Group has announced a mixed land use joint venture project in Ghaziabad (UP) with a saleable value of approximately INR 650 crores. The project is located at walking distance from Hindon airport civil terminal and is in close proximity to the Delhi border and GT Road.

Gaurs Group, also known as Gaursons India has already delivered multiple projects in NCR and majorly in Ghaziabad, Noida, Noida Extension, and Yamuna Expressway, is now launching a mixed land use project in the Hindon region (Ghaziabad) which will comprise high street retail with multiplex & Banquets, studio apartments, and social housing. Social housing is affordable homes and would be one-bedroom apartments. Under the project over 450 shops, 400 studio apartments, and around 600 residential social housing units will be developed. This project is located closest to Hindon Airport Civil Terminal and is already being touted to be a strong factor that will help the region develop. The project will be an architectural beauty and will comprise high-end brands in the retail pocket which the group is focused to develop as a great shopping destination for an otherwise densely populated area.

Veshesh Gaur, Director, of Gaurs Group, says, “We have been increasing our foothold in the retail sector, and have been successfully operating 2 top-of-the-line malls, one each in Ghaziabad and Noida Extension having tie-ups with more than 100 national and international brands. And now with our new offering, we are scaling up the entire process and taking things a notch higher. Already, the Gaur Central Mall in Raj Nagar, RDC is the finest shopping destination in Ghaziabad, and now with this new venture, we again plan to give the residents of Ghaziabad a very high-end retail experience. ”
He continues, “With the gradual increase in the number of flights from the civil terminal at Hindon Airport, it has provided a major boost to the entire sector which is densely populated and is very well connected via roads, rail, and metro.”

Gaurs Group for more than 3 decades has been a stalwart in the Indian real estate sector by delivering multiple group housing and mega township projects in NCR. They have delivered Gaur City I & II which is an integrated township project of over 200 acres in the Noida extension along with a similar-scale township project on the Yamuna Expressway. The group has recently launched an uber luxury project in Gr Noida which has been received extremely well and plans to launch more luxury residential projects in the coming future

Hero Motocorp Partners With Gurugram Police To Promote Women’s Safety

Bengaluru, November 5, 2022: Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, today handed over 50 motorcycles and 10 scooters to the Gurugram Police to enhance the mobility of police personnel responsible for ensuring the safety of women and controlling other crimes across the region.

As part of the company’s umbrella platform for Corporate Social Responsibility (CSR) – ‘Hero WeCare’ – the initiative fulfills its larger mandate of enabling safe and secure environments for women across the country.

Receiving the motorcycles and scooters at the Police Commissionerate here today, Mrs. Kala Ramachandran (IPS), Commissioner of Police, Gurugram, said “We are thankful to Hero MotoCorp for this support as it will improve the reach and efficiency of our officers on the ground. The motorcycles will be used by them for active patrolling in their respective areas of jurisdiction and will go a long way towards enhancing people’s overall security, particularly women’s safety. This will also include making emergency services available during road-related situations.”

Bharatendu Kabi, Head of Corporate Social Responsibility (CSR) and Corporate Communication, Hero MotoCorp, said “As a responsible corporate citizen, Hero MotoCorp is committed to improving the overall well-being of the society, including women’s safety. We have been engaged in creating and spreading awareness on these key subjects through a series of initiatives at the national and regional levels. This support to Gurugram Police is a step forward in creating a safe environment and cementing a sense of security amongst all citizens, especially women. I am confident that the motorcycles and scooters will help in increasing the patrolling reach and speed of the team and ensure a quicker response time in case of emergencies.”

Hero MotoCorp – through its CSR platform ‘Hero We Care’ – has had a long-term commitment to the promotion of the environment, road safety, women’s empowerment, healthcare, education, and sports in the state of Haryana.

4 Entrepreneurs in the cyberspace shaking up the industry

In 2019, the Indian market for cybersecurity was estimated to be worth around Rs 140 billion. The market is anticipated to reach up to Rs 290 billion by 2025, according to a Statista analysis, as a result of the rise in digital use and subsequent rise in online attacks.

The Industrial Internet of Things and the Internet of Things will enable 200 billion objects and gadgets, including medical equipment, manufacturing equipment, cars, phones, and home appliances, to communicate with one another in the future. That is a lot of material for a cunning crook to hack, ruin, and get inside. In actuality, this is always growing. By 2025, the global community expects the cost of cybercrime to exceed $10.5 trillion. Businesses are excellent data gatherers and keepers, making them ripe for targeting. Nevertheless, cybersecurity is crucial for all businesses worldwide. Fortunately, India has a large number of cybersecurity companies ready to assist. Below listed are 4 entrepreneurs in cyberspace shaking up the industry in India:

In October 2014, WiJungle was introduced by Karmesh Gupta. With the use of this Gurugram-based network security platform, businesses can enhance and safeguard every aspect of their network through a single interface. the jungle is currently serving the government and private businesses across various verticals including hospitality, healthcare, education, defense, transportation, retail, BFSI, and ITES, among others across pan India. The business claims to have served more than 1500 customers and to have mitigated over three billion cyber threats. Delhi, Mumbai, Bengaluru, and Chennai are the cities where it is gaining the most popularity. The platform primarily targets businesses with annual revenues under $1 billion.

CloudSEK was founded in 2015 by Rahul Sasi. CloudSEK, a cybersecurity firm with headquarters in Singapore and the majority of its operations and engineering in India, foresees cyberattacks even before they happen by utilizing its AI platform. The digital risk monitoring platform XVigil from CloudSEK serves a range of businesses, including some of the largest banks, technology firms, healthcare organizations, and retailers in the globe, including ICICI, NPCI, CRED, Sun Pharma, Reliance, Tokopedia, OLA taxis, and Decathlon. In order to address the increasingly complex global threat landscape, CloudSEK will also step up its research and development.

In 2008 Sachin Nayyar and Tanuj Gulati founded Securonix, a cybersecurity firm based in the US. It provides a multi-tenant software-as-a-service (SaaS) based security analytics, operations, and response platform for security threats to companies. Additionally, the startup offers its clients total visibility, sophisticated detection, reaction, and scalability. Securonix will use the money to invest heavily in hiring top leaders across engineering, cloud operations, threats laboratories, as well as sales and marketing.

Trishneet Arora is the Founder and CEO of TAC Security—a Silicon Valley-based Cybersecurity company. The business specializes in vulnerability management that is risk-based. Arora was recently admitted to the esteemed Forbes Business Council and named one of Forbes and Great Manager Institute’s Top 200 Great People Managers. By participating in “Leaders of Tomorrow” at the St.Gallen Symposium for the second time (the first time was in 2018), he has reached a new milestone. including Tech Mahindra, IBM, KDDI Japan, and Dataguard Technologies LLC.

Amazfit Band 7 is a strong new addition to Amazfit’s smart band collection.

New Delhi, November 5th, 2022: Amazfit, a leading global smart wearables brand of Zepp Health, has added the Amazfit Band 7 to its smart band range. This latest edition of the series offers exceptional battery performance and a number of enhanced sporting capabilities, as well as a large immersive display and an amazing range of colored straps.

Pricing and Availability

The Amazfit Band 7 will be launched in India on 08th November 2022 at a selling price of INR 2999 and the post-launch price will be INR 3499. The band will be available on Amazon and Amazfit’s official websites.

Exciting Highlights

• Wider screen, longer battery life, more advanced health, and fitness capabilities, and compatibility for the Zepp OS and mini-applications
• The band can track your stress levels and sleeping patterns
• BioTrackerTM 3.0 PPG, 3-axis acceleration, and Geomagnetic sensor (supports blood-oxygen, 1PD, and 2LED).
• Alexa built-in, 120 sports modes, Smart Sports Recognition with an 18-day battery

Ultra-long 18-day Battery Life

The Amazfit Band 7’s battery has a maximum capacity of 232 mAh and can sustain the device for up to 18 days of average usage or up to 28 days while in battery-saver mode. This allows customers to experience the dynamic capabilities of the smart band in greater comfort.

Wide and Immersive Display Is Always On

The Amazfit Band 7 boasts an increased 1.47″ HD AMOLED display with a visible area that is 112% larger than the previous edition to let users easily understand the health and fitness data that is relevant to them. Users may configure the display to be always on, which, combined with the smart band’s light 28g body, results in a fitness tracker that is both handy and comfortable.

A Range of Sports Features

The Amazfit Band 7 has 120 sports modes to pick from and can even automatically detect 4 everyday activities, like walking, jogging, and working out on elliptical and rowing machines, to make training simple. Because of its 5 ATM water-resistance rating, users may wear this smart band while swimming. It also includes Amazfit’s self-developed motion recognition ExerSenseTM algorithm and the brand’s PeakBeatsTM exercise status algorithm.

Advanced Health Support and Monitoring

The Amazfit Band 7 may be configured to continuously track the user’s blood-oxygen saturation, heart rate, and stress level. Reminders can be sent when certain irregularities in the data are detected. Additionally, this smart band can measure all three of these parameters at once to provide a fast health status overview. Users may opt to test health indicators like blood-oxygen levels independently at any time to monitor particular data, with results available in as little as 15 seconds.

Vibrant Colour Options

The Amazfit Band 7 is available in two colors: classic black and elegant beige. Users may also customize their smart band with 4 fascinating strap colors, including pink, orange, blue, and green, to match different outfits. There are over 50 watch faces with matching always-on displays available, and users may even add their own image to the backdrop.