Archive: May 20, 2022

Exfoliate your way to glowing skin with Oriflame’s Optimals Exfoliating Face Scrub

Oriflame, leading social selling Swedish beauty brand, launched its new Optimals range to build on its belief in holistic beauty that encompasses looking and feeling beautiful. Optimals, tailored for specific skin needs, features products formulated with skin nutrients from natural potent plants native to Sweden.

Under this range, the brand has introduced the Optimals Exfoliating Face Scrub, an easy to use, multi-benefit exfoliator for all skin types. Created using skin nutrients from plants native to Sweden, the scrub is bursting with the goodness of antioxidants from Rowan Berries, fruit acids from apples, lactic acid and natural-origin almond shell granules.

Enriched with vitamin C, Rowan berries help to exfoliate the skin, minimize pores, and refine the skin texture while bestowing it with natural radiance. Fruit acids from apples rejuvenate the skin for incredible smoothness, and lactic acid tackles uneven skin tone and blemishes with unmatched cell renewal properties. Finally, the natural-origin almond shell granules physically remove dirt, oil, and makeup, and dead cells, revealing smooth, soft, and healthy-looking skin.

Speaking on the launch, Spokesperson – Oriflame, said, “It is commonly known that weekly scrubbing is essential to a well-rounded skincare routine. However, several individuals shy away from using scrubs due to harsh formulations and the resulting skin uneasiness. With Optimals Exfoliating Face Scrub, we are taking away all these qualms by presenting a luxurious, creamy, formulation that deep cleanses and exfoliates your skin while nourishing it with skin-loving ingredients. With the new Exfoliating Face Scrub, you’ll never skip the scrubbing step again!”

Hippo Stores launches its second mega store within first year of inception

May 20th, 2022:  Hippo Stores, India’s first One Stop Solution for building products, launched its second store in Noida at Gardens Galleria Mall. Spread across ~50,000 Sq. feet, the store offers 12,000+ products from 160+ brands for homeowners, contractors, and retailers at wholesale prices. Over the next 5+ years, Hippo Stores aims to be in 27 cities, and is planning significant investment of over 100 Crores into building technology, procuring material, maintaining inventory and creating physical store presence.

Hippo Stores chose Noida to be the site for their second store because Noida is among India’s top real estate destinations, and the city has witnessed a renewed interest from home buyers and realtors in the post covid times. Gardens Galleria Mall is located in the heart of Noida making it easy for the customers to find the store and hand-pick all the amenities for their dream house. Hippo Stores will provide everything required for constructing or renovating a house (tiles, kitchens, bath products, lighting and electrical products, steel, wood, hardware and paints) along with furniture and lifts at the new site.

With Hippo Stores, customers have the ability to compare multiple brands, designs, and varieties of a single product at one location instead of needing to visit multiple locations and markets. The outlet supplies all its products on transparent and wholesale pricing which is typically missing from the unorganized construction retail market. It furnishes all genuine brands and products with an assurance of no duplicate products and expert advice from their in-store staff.

Talking about the launch, Hippo Stores MD, Mr. Amit Garg said, “There have never been such stores in India where the customers get the convenience of getting all building products at a single location. . Hippo Stores is a one-stop solution for all construction amenities. Our previous launch of the store at Mayapuri was very well received by the market and customers, clearly indicating that the customers were looking for a one-stop solution. We aim at keeping the product line fresh with a stream of new products along with store launches over the coming year.”

The unique elements of the new store in Noida are multiple mockup modular kitchens and bathrooms, which help customers visualize the best utilization of space. The store additionally has living room sets with mock sofas, tables, etc to highlight furniture and hardware. Hippo’s Color Lab, also the first of its kind, features multiple tinting machines from leading brands to see any color and shade that a customer desires.

Hippo Stores,  Noida is set to be the perfect one-stop solution with many unique options such as design rooms wherein customers can see the application of paint, and wallpapers along with other visual display units such as tech-based screens plus physical units for all those who desire to renovate and customize their dream house.

Bobble AI receives Great Place to Work certification in its first-ever participation in the survey

May 2022: Bobble AI, India’s largest conversation media platform, today announced that it has bagged the prestigious Trust Index’ © Great Place to Work certification. This is the first time Bobble AI has participated in the survey. The certification rigorously evaluates companies across multiple parameters, including workplace values and culture, employee growth and development, credibility, innovation, growth prospects, inclusivity, unbiased culture, and more.

The feat is a testimony to Bobble AI’s commitment to employee-centricity, inclusive culture, innovation, and credibility. The certification puts Bobble AI at the top with the likes of other global Great Place to Work-certified companies, including Cisco, V Mart, Happiest Mind Technologies, Teach for India, DHL Express India Ltd., Salesforce, and Mahindra, among others. The global certification authority examined over 10,000 organizations that exhibit high-trust, high-performance cultures with the unparalleled employee experience.

Bobble AI has been ranked on par with the top 50 global companies in several parameters, including justice and impartiality, teamwork, competence, community, and hospitality. In other categories like camaraderie and credibility, Bobble AI scored 85 on average, in Respect, the score was 80; in Fairness, the brand scored 82, against the industry average of 87, and in Pride, the score was 87. All scores were close to the scores garnered by the global Top 50 companies.

Ankit Prasad, Founder, and CEO of Bobble AI said, “It is an honour to receive the much-coveted Great Place to Work certification, especially when this is Bobble AI’s first-ever participation in the survey. The certification validates the business philosophy & organizational DNA that is practiced at Bobble AI and what we have been striving to achieve from day one. We are thrilled to be ranked among the top companies globally and we’re grateful to our employees as, without their unfaltering commitment and efforts, this would not have been possible. Across evaluation parameters, our average score was quite sizable. For instance, in terms of camaraderie and Credibility our score was 85, in Respect, we scored 80, in Fairness and Pride, we scored 82 and 87 respectively. As responsible corporate citizens, we will continue to strive towards building a value-driven culture across the board and continue to build an environment to facilitate personal and professional growth.”

“Bobble AI has had a collective focus on diversity, equity and inclusion since its inception and has introduced several employee-centric policies targeted towards achieving this goal. Every policy is designed with the human being in mind. Being Great Place to Work-certified is an absolute win for us. We are looking forward to further fostering this culture of organizational pride and camaraderie, participation, and engagement,” added Dr Rakshita Shharma, Chief People Officer of Bobble AI.

Bosch Limited reports a steady 12.7 percent Profit Before Tax in FY 2021-22

Bengaluru – Bosch Limited ended its fiscal year 2021-22 with total revenue from operations of INR 11,781 crores, thus registering an increase of 21.2 percent compared to the previous fiscal year. Before exceptional items, Profit Before Tax (PBT) increased by 14.4 percent to INR 1,500 crores PBT in FY 2021-22 thus amounted to 12.7 percent of total revenue from operations. “2022 marks 100 years of Bosch in India, and this significant landmark and heritage was complemented by a positive revenue growth curve throughout FY 2021-22. Amid the multifaceted challenges faced by the automotive industry, Bosch’s mobility business demonstrated resilience and recorded a faster-than-market recovery rate on a par with the all-time high posted in 2018-19. We will continue to capitalize inorganic opportunities to expand our digital mobility business by leveraging our Mobility Cloud Platform and Mobility Marketplace for new-age mobility players while actively growing our acquisitions and mergers pipeline,” said Soumitra Bhattacharya, Managing Director, Bosch Limited and President, Bosch Group, India.

Profit After Tax (PAT) stood at INR 1,217 crores. Total investments including capital work-in-progress in 2021-22 amounted to INR 635 crores with major spend on the expansion of the Adugodi campus into a smart campus.

Results in Quarter 4 of FY 2021-22 

In quarter 4 of FY 2021-22, which ended on March 31, 2022, Bosch Limited posted a total revenue from operations of INR 3,311 crores, an increase of 2.9 percent compared to the corresponding quarter in 2021. PBT for the current quarter stood at INR 432 crores, a 32.6 percent decrease over the same period of the previous year.

“We acknowledge and appreciate the various initiatives like PLI and scrappage policy implemented by the Government of India towards supporting the auto industry. It is vital to create a clear roadmap to support the industry to further invest and create a stable environment. While these policies have provided an impetus for the auto sector to accelerate growth, the constant changes in regulations have caused challenges for the industry in working towards achieving the set targets. It is imperative for the Government of India and the mobility ecosystem to align their vision and insights, and take steps in the direction of streamlining the auto industry’s future.” Bhattacharya added. 

Total product revenue of Bosch Limited’s Mobility Solutions business sector decreased by a marginal 0.8 percent in the quarter ending on March 31, 2022. The total product revenue of business beyond the Mobility Solutions sector increased by 30.5 percent, with the Consumer Goods business sector increasing by 28.4 percent. This is mainly on account of increased e-commerce sales, increased demand for entry-level tools, and network expansion.

Business development in FY 2021-22 

Bosch Limited’s Mobility Solutions business sector increased product sales by 22.6 percent in fiscal 2021-22, primarily on account of strategic changes in supply chain, higher order fulfilment and a low base in FY 2020-21. Domestic sales increased by 22.2 percent. Within the Mobility Solutions business sector, the Powertrain Solutions division in India registered an increase of 21.1 percent and the Automotive Aftermarket division increased by 26.5 percent. Business beyond the Mobility Solutions sector recorded an increase in sales of 31.6 percent. The Board of Directors recommended a dividend of INR 110 per share for this twelve-month period. Additionally, to commemorate the centenary celebration of Bosch India, a special Dividend of INR 100 per share has been proposed. The overall Dividend payout for FY21-22 is proposed at INR 210 per share.

Bosch Limited: Outlook for fiscal year 2022-23 

Speaking about the outlook for the upcoming fiscal year, Bhattacharya commented: “Bosch Limited is investing in hydrogen-based technologies – both for mobility and stationary applications. We are in discussion with customers and partners in India to bring advanced hydrogen-based powertrain and fuel-cell technologies to the market. With electromobility set to go mainstream, Bosch has taken the first step towards introducing low-carbon transportation and aiding the construction of a sustainable and carbon-neutral mobility ecosystem in India. Having turned carbon neutral (scopes 1 and 2) globally in 2020, Bosch will continue to shape climate actions beyond its immediate sphere of influence and systematically induce a 15 percent reduction in upstream and downstream emissions (scope 3) by 2030.”

Bosch Group: outlook for 2022 and strategic course 

In 2021, the Bosch Group achieved significant growth in sales and result despite a difficult environment. In the first quarter of 2022, the sales revenue of the supplier of technology and services rose 5.2 percent. For the year as a whole, Bosch expects sales to grow more than 6 percent, and to achieve an EBIT margin in the range of 3 to 4 percent – and this despite the likelihood of considerable burdens, especially due to rising costs for energy, raw materials, and logistics. “The successful outcome of the 2021 business year bolsters our confidence as we tackle the challenging environment of the current year,” said Dr. Stefan Hartung, chairman of the board of management of Robert Bosch GmbH. One of the considerable uncertainties is the war in Ukraine and all its implications. In his view, the current situation highlights the pressure on policymakers and society to become less dependent on fossil fuels and to vigorously pursue the development of new sources of energy. For this reason, he said, the Bosch Group is systematically continuing its efforts to mitigate global warming, despite the challenging economic environment. In addition, Hartung announced Bosch will be investing some three billion euros over three years in climate-neutral technology such as electrification and hydrogen.

He believes electrification is the fastest route to climate neutrality, provided it is based on green electricity. That is why Bosch is driving sustainable mobility forward: in 2021, the company’s orders relating to electromobility exceeded ten billion euros for the first time.

But Hartung also stressed that hydrogen is needed as well. “Industrial policy should focus on making all sectors of the economy hydrogen-ready,” he said. In the interest of effective climate action, Bosch is also entering the components business for hydrogen electrolysis. The company plans to invest nearly 500 million euros in this new area of business by the end of the decade, half of it by the time of market launch, which is planned for 2025. At the same time, the Bosch chairman announced that, over the next three years, the company will be investing another ten billion euros in digitally transforming its business. “Digitalization also has a special role to play in sustainability – and our solutions start from this premise,” Hartung said. This year alone, moreover, Bosch plans to take on 10,000 new software engineers worldwide.

Vishal Fabrics Promoted Mr. Vinay Thadani as CEO

May 2022:- Vishal Fabrics Limited (BSE: 538598) (NSE: VISHAL) announced the Promotion of Mr. Vinay Thadani as CEO. He succeeds Mr. Brijmohan Chiripal, who relinquished the position with effect from 19th May 2022.Mr. Brijmohan Chiripal will continue as a Managing Director on the Board of the Company.

Mr. Thadani Joined the Chiripal group of companies in 2017 and acted as Chief Financial Officer and Chief Operating Officer of Vishal Fabrics Limited. Mr. Vinay Thadani is a Fellow member of the Institute of Chartered Accountants of India. He was responsible for planning, implementing, and managing the company’s finance activities, and improving the efficiency of the business. Mr. Vinay Thadani’s unstoppable growth is due to his dedication and enthusiasm for achieving long-term goals, his ability to establish a solid relationship between mission, vision, and organizational goals, his ability to anticipate and navigate problems, and his humanitarian efforts.

Commenting on the recent development, Mr. Brijmohan Chiripal, Managing Director, said,“We are delighted to elevate Mr. Vinay as the CEO of Vishal Fabrics. His rich experience in the Denim Industry space coupled with his expertise in building long-term partnerships will be invaluable as we continue to accelerate our growth strategy. His exceptional abilities in Corporate Banking, Finance, Risk Analysis, and other operational disciplines have constantly aided the organization’s equitable financial orientation. Given his strong understanding of our business and proven ability to generate outcomes in our market, we feel he will be the perfect leader to take on this responsibility.”

On the Appointment, Mr. Vinay Thadani said, “I am honored to accept this new challenge and committed to exceeding our customers’, partners’, workers’, and other stakeholders’ high expectations for VFL. I am privileged to be given the opportunity to scale this to the next level. My continuous engagement with Mr. Brijmohan Chiripal and the Board of Vishal Fabrics gives me confidence that Vishal Fabrics is the long-term home for achieving my professional goals.”

Finch at Chandigarh is all you need

As the trend of mixology culture has taken the food industry to new levels.

Following this, the urge of cravings definitely takes a role ahead, don’t worry we got you all covered, be it the cravings or hitting the bar and dance floor with your friends.

Finch is one of the most leading Pubs & Bar in the town, but it’s dedicated to making sure to serve you the finest Craft Beer and world cuisine, inclusive of some cozy ambience with energetic live performances.

Enjoy finch’s mouth-watering Blueberry Cheesecake with a chilled craft beer on the side, as Finch is serving all weekenders scheduled on the following dates

Saturday, 21at May 2022
Haqiqat Live band

From exciting entertainments and live music to a full open bar menu and never-ending , yummilicious world cuisine is what finch is offering.

So why to wait! book your tables and enjoy your memorable weekends at Finch

3SC Analytics Expands Further Announces Hiring of Mohneesh Saxena as CPO

Delhi, 20th May 2022: SS Supply chain Solutions (3SC), a Gurugram-based advanced supply chain analytics company, is on a development spree. Within nine years of its inception, 3SC has established new benchmark in the supply chain industry globally. Bringing new technological innovation to enhance the business of supply chain analytics, 3SC is foraying in global markets and keeping that in mind they are hiring a new team for leadership roles.

Mohneesh Saxena is appointed as Chief Product Officer (CPO) of the company with the vision of enhancing its product line and expanding further in the global market, 3SC is developing new hiring channels to attract and develop a diverse talent pool.

Welcoming Mohneesh Saxena on board Mr. Lalit Das, Founder and CEO, 3SC said “We are glad to onboard Mohneesh to the team who will play an integral role in taking the expansion plans to the next level in the upcoming growth year and will contribute to achieving the company’s goals. We are dedicated to providing complete analytics solutions to the supply chain space”.

Mohneesh Saxena has 10+ years of experience in Digital Product management with leveraging the knowledge of networks and collaborative innovations. He believes design thinking & agile development led to fast, scalable, flexible, and frugal solutioning to complex business problems.

While talking about his new role at 3SC, Mohneesh Saxena said “I am glad to join the position of CPO at 3SC. Since 3SC is a unique combination of SaaS, Analytics as a Service (AaaS) offerings coupled with a global Control Tower & Supply Chain Operations team “this brings competitive advantage to 3SC to be able to help its customers Design their network, Build it and also Run it for them. And this excites me more”.

TCL TV Upgrade Days: Make a smart addition to your home with Premium 4K, QLED & Mini LED TVs

Delhi, May 20th, 2022: TCL, a Global number 1 Android smart tv brand, 2021 and leading consumer electronics company, has announced the dates for the highly awaited TCL TV Upgrade Days. The sale will be live on e-commerce giant Amazon from May 19 to May 24. During the sale, flagship models from TCL like the Premium 4K, QLED & Mini LED TVs will be available at the best price. Customers can also avail upto 10% off on Citibank cards & additional coupons. Get ready to enter the real world of entertainment and enjoy movies and games on big smart TVs while relaxing at home during this summer vacation.

Vijay Kumar Mikkilineni, Marketing Head, TCL India said, “The content consumption preferences of the consumer have changed in recent years, making In-home entertainment a crucial part of their lives. Smart TVs provide a breathtakingly immersive viewing experience and considerably improve the aesthetic quotient of living spaces. By bringing back the TCL TV Upgrade Days offers, we aim to provide our consumers with avant-garde TVs at irresistible prices.”

To get a more comprehensive idea, here is a brief description of the TV models offered under this five-day mega-event:

C815 4K QLED

C815 4K QLED is equipped with Quantum Dot technology and Dolby Vision to provide an excellent viewing experience. Also, the TV includes Dolby Audio coupled with an ONKYO soundbar for immersive listening. The attractively designed metallic casing complements all kinds of interiors. During the sale on Amazon India, TCL 65C815 and TCL 55C815 will be available for purchase at INR 66,490 and INR 86,990. In addition, the TV is available in 55-inch and 65-inch, respectively.

4K QLED C715

4K QLED C715 has various futuristic features such as Quantum Dot, Dolby Vision and Atmos, 4K UHD, HDR 10+, and hands-free voice control to provide customers with a highly immersive TV viewing experience. The model also includes the Smart Home Interconnectivity feature. Simply put, it allows users to command robot vacuums, dim the lights or set the thermostat without leaving the comfort of their couch. Available in 50-inch, 55-inch and 65-inch, the TVs will be priced at INR 48,490, INR 54,990 and INR 79,990, respectively.

QLED 4K TV C725

QLED 4K TV C725 is equipped with innovative, modern, and highly effective technology. The TCL C725 has a superb display and sound quality. The TV features innovative technologies like Dolby Vision and Atmos, HDR 10+, Motion Estimation, Motion Compensation (MEMC), Video Call Camera (Google Duo), TCL Smart UI, ONKYO Certified Sund and hands-free voice control. In addition, TCL C725 comes with a magnetically affixed video call camera, making it remarkably simple for users to engage with friends, family, and colleagues. Available in 50-inch, 55-inch and 65-inch TVs will be priced at INR 49,990, INR 61,990 and 82,990, respectively.
So, don’t miss the opportunity to find the perfect TV for your home this year.

Cherise launches Jiffy’s Brewdays, a new range of healthy instant beverages for 24×7 workforce

New Delhi, 19th May 2022: Cherise India Private Limited, a D2C Tea, Coffee, Milk, Soups Smart Vending Eco-System, set up by a 3rd generation Tea sommelier Mr Parimal Shah, has unveiled a new range of healthy and instant beverages under their brand – Brewdays.

Made using premium quality ingredients, the beverages under Brewdays comprise of a large variety of Instant Beverages, manufactured by Cherise at their ISO, HACCP and GMP certified plant located in Pune, Maharashtra.

Known popularly as Jiffy’s Brewdays, these farm-to-cup beverage formulations are made using natural ingredients and available in a large variety of popular flavors such as Indian Masala Chai, Cardamom Special Chai, Filter Kaapi Style Coffee, Herbal Turmeric Latte, Herbal Coffee, Herbal Lemon Tea, Lemongrass Tea, Himalayan Herbal Tea, Herbal Tomato Soup and many others!

“Unlike most other Tea companies, Cherise come from a family business of Legacy Tea farmers who understand ingredient science. Through our Jiffy’s Brewdays collection, we aim to offer a superior tasting range of beverages from across India, which can be prepared instantly, no matter where one is. Our formulations are made using natural ingredients and do not have any artificial ingredients in them!” explains Parimal Shah, Founder & CEO, Cherise India Pvt Limited.

Along with their vast assortment of beverages, Cherise has created its own proprietary and patented IoT and Android enabled Smart Vending Eco-System which is designed to vend only their beverages, making it an ideal printer-cartridge style business model.

“With the growing consciousness towards wellness, consumers are embracing a healthy lifestyle. Our formulations are made using natural immunity boosting ingredients and are available in convenient single serve sachets and also via our IoT-enabled Smart Vending machines. The beverages under our brand Brewdays can be made instantly in a jiffy and there is nothing more refreshing than a warm cup of goodness and well-being, made available instantly, on-demand in seconds,” added Mr Shah.