Archive: July 13, 2022

ZF Supervisory Board appoints Dr. Holger Klein Chairman and CEO of ZF Friedrichshafen AG

Friedrichshafen, Germany: Dr. Holger Klein, Member of the Board of Management responsible for the Asia-Pacific region, Car Chassis Technology Division, Aftermarket and Production, succeeds Wolf-Henning Scheider as Chairman and CEO of ZF Friedrichshafen AG at the turn of the year 2022/2023. At the same time, Dr. Peter Laier will join the Board of Management to lead the Commercial Vehicle Solutions (CVS) and Industrial Technology divisions succeeding Wilhelm Rehm. ZF Chief Financial Officer Dr. Konstantin Sauer will leave the company by the end of 2022 after many years of service. The Supervisory Board will fill the position in the near future.

“The almost simultaneous end of three appointments of proven, successful, and highly esteemed board members poses a particular challenge for the company,” says Dr. Heinrich Hiesinger, Chairman of ZF’s Supervisory Board. “We are, therefore, very pleased to announce two successors today. The succession process for Dr. Sauer is already in an advanced stage.”

Dr. Holger Klein joined ZF in 2014 as a seasoned international industry expert from McKinsey management consultancy. Starting in 2015, he led the integration of U.S. company TRW Automotive post-acquisition, which he completed earlier than planned. In early 2017, Dr. Klein became Head of the Car Chassis Technology Division and realigned its product range with ZF’s “Next Generation Mobility” strategy. He has served as a member of the ZF Board of Management since 2018 and heads the Asia-Pacific and India regions from Shanghai. In addition, he manages the business of the Passenger Car Chassis Technology and Aftermarket divisions and is responsible for ZF’s worldwide production. Under his leadership, ZF won traditional and new automotive OEMs in Asia as customers of ZF’s strategic and future-oriented products. In addition, he succeeded in positioning ZF increasingly as a systems provider. Dr. Klein spearheaded the creation of new development centers and production facilities, especially in China, to capitalize on rapid technological change and enable ZF’s business expansion.

“As a board member, Dr. Holger Klein was intimately involved in the strategic planning process for the coming years. Therefore, he will dynamically continue the successful transformation at ZF and add his own impulses,” says Supervisory Board Chairman Dr. Heinrich Hiesinger. As of October 1, 2022, Dr. Klein will initially assume the role of Deputy Chairman of the ZF Board of Management before taking over as Chairman of the Board of Management and CEO as of January 1, 2023, from Wolf-Henning Scheider, who is leaving ZF.

Wolf-Henning Scheider (60) joined ZF in early 2018 as Chairman of the Board of Management and CEO after serving as Chairman of the Automotive Technology business sector at Robert Bosch GmbH, as well as Chairman of the Board and CEO of Mahle Group. Today, Wolf-Henning Scheider is also in charge of research and development, as well as sales of ZF Group. “Wolf-Henning Scheider has set the strategic direction for the transformation of the company, achieved significant milestones, and will continue on this path with ZF through the end of the year to enable a transition focused on continuity,” says Supervisory Board Chairman Dr. Heinrich Hiesinger. 

“ZF is undergoing an unprecedented, dynamic transformation. The appointment of Dr. Holger Klein as the new Chairman is an excellent and important signal both internally and externally,” says Andreas Brand as a representative of the Zeppelin Foundation of the City of Friedrichshafen, which holds 93.8 percent of all ZF shares. Representing the Dr. Jürgen and Irmgard Ulderup Foundation, which holds a 6.2 percent stake in ZF, Dr. Joachim Meinecke emphasizes: “Dr. Klein possesses the best prerequisites, knows the company, its customers and suppliers, the industry and, above all, the challenges which need to be mastered today and in the future.”

In addition, ZF Deputy Chairman Dr. Konstantin Sauer, responsible for Finance, IT, and Mergers & Acquisitions, will conclude his tenure with ZF at the end of 2022 after many years of service. The industrial engineer and Ph.D. graduate in business administration joined ZF in 1990, took over as President of ZF South America in 2000, and became the Group’s Chief Financial Officer in 2010. “At ZF, Dr. Konstantin Sauer represents stability and smart financial management over many years. As a result, he has laid the foundation for the company’s successful acquisitions, transformation, and new growth,” stresses Dr. Hiesinger, Chairman of the Supervisory Board, emphasizing the 62-year-old’s work for the company. “The Supervisory Board will address the succession of Dr. Sauer in the near future. During this difficult year, he agreed to stay through the end of the year, contrary to his original plans. I want to extend my heartfelt thanks to him for his continued service.”

Board member Wilhelm Rehm (63) will also leave ZF when his contract expires at the end of the year. The mechanical engineering graduate joined ZF in 2003, took over in 2010 as Chairman of the Management Board of the former ZF Passau GmbH and became a member of the ZF Executive Board. Wilhelm Rehm has served as a member of the ZF Board of Management since 2012 and leads the Commercial Vehicle Solutions (CVS) and Industrial Technology divisions as well as materials management.

“As a long-standing head of ZF’s commercial vehicle division, Wilhelm Rehm played a significant role in the successful integration of WABCO, which was acquired in 2020, and the launch of the CVS division at the beginning of 2022. In addition, he provided important impulses in industrial technology, for example with the establishment of ZF’s successful wind power business. For this and for his contributions to mastering the challenges over the past two years, he is particularly deserving of thanks from the Supervisory Board,” adds Dr. Hiesinger.

The Supervisory Board has appointed Dr. Peter Laier to the ZF Board of Management to succeed Wilhelm Rehm and to lead ZF’s Commercial Vehicle Solutions and Industrial Technology divisions. The 54-year-old holds a Ph.D. in engineering and held various executive roles at well-known industrial companies such as Continental and Benteler before joining Knorr-Bremse in 2016, where he led the commercial vehicle division until 2021. “Dr. Peter Laier brings many years of industry experience, expertise in the automotive supply industry, and a global commercial vehicle company,” says ZF Supervisory Board Chairman Dr. Heinrich Hiesinger. From January 1, 2023, Dr. Laier will lead the business of the Commercial Vehicle Solutions Division of ZF, the world’s largest supplier to the commercial vehicle industry, as a member of the ZF Board of Management.

European, trendy, chic and classy – new eatery Juliette launches in Andheri

July 2022, Mumbai: When William Shakespeare asked, “What’s in a name?” he surely wasn’t referring to the new Andheri eatery aptly named Juliette Ristorante. Juliette, with a fantastically curated inspired European menu with a modern twist, is bringing us all kinds of European summer vibes and feels as they open their doors this week.

Located in Andheri, right next to Yazu, this modern European dining is the ideal setting for you to engage in sweet encounters that transform into a one-of-a-kind gastronomical adventure as you savour and enjoy some redesigned Western and Mediterranean delights sealed with artistic culinary skills. Juliette offers the same hospitality experience as Yazu and is owned by the hospitality veterans that own the upscale progressive dining Pan Asian Supper Club. Created to provide a consumer with the ideal all-around experience as a centre for all occasions. Laying the foundation with the same seeds, Enso Hospitality’s partners Gurmeet Arora, Atul Chopra, and Ranbir Nagpal have launched Juliette and are ready to take on the European dining segment by a storm.

As soon as you step in, the soothing monochromatic theme will sweep you off your feet as they recreate an authentic upscale European vibe. A 4000 sq. ft. space with a premium dining area and a vivacious alfresco seating style with clean lines and subdued nude shades synonymous with the artist Sumessh Menon. The nature-inspired elements like the larger-than-life tree installation in the dining section and unique art wall features inspired by pea pods are sure to conjure up images of a pleasant day spent in the European countryside.

“The essence of Juliette as a space is that it has a European charm about it, creating an inviting ambiance for patrons but the key always has to be fresh and well-thought-out curated menu and technique, which Juliette displays,” said Gurmeet Arora, co-founder.

Resonating with the aura of European delis with an indoor and outdoor, although sheltered section, Juliette brings you the taste of Modern Europe that will leave you on your balcony saying “Juliette, Juliette, wherefore art thou Juliette!” The all-day European restaurant serves the fluffiest pancakes, but if a sweet breakfast is not your jam, then give your tastebuds a delightful treat of Croque Monsieur inspired by the French cafes. Pair your coffees with fresh Viennoiseries for breakfast and give your tastebuds a taste of sweet heaven. Indulge in the Smoked Seasonal Vegetables with Stracciatella Cheese and savour the flavours of Italy. With a plethora of dishes to choose from, the charming appetizers made with inhouse rub marinated grilled prawns served with millet salad, a flavourful whole-grain salad loaded with fresh veggies, feta, and herbs; the foodie in you will surely be satiated. Relish in the main courses with the in-house special Stroganoff, a root vegetable served with orzo pilaf, or satisfy the meat-lover in you with the lip-smacking Beouf short ribs served with mashed potatoes. Performing magic on your palate, the aromatic flavours of the spiced grilled Moroccan chicken with toumb splashed with cinnamon and ginger will leave you craving for more. Carrying the essence of Europe, Juliette prepares the most authentic pizzas in town using fine sourdough. Keeping the traditional spirits at heart, the portions of pasta are hand-crafted with care, resulting in some delectable Fettuccini Bolognese, and Classic Lamb Lasagne, which are sure to tease your palette and bring back memories of an Italian ristorante or a French bodega. Hitting those sweet spots, the must-try Grand Marnier souffle with Elderflower ice cream and the chef’s favourite Baked Alaska is something you can’t miss out on!

“Juliette is personified as a love between a beautiful looking place with warm hospitality and lip-smacking food made using modern ingredients, classic techniques, and amazing cocktails. It has a world-class vibe with heart-warming hospitality,” said Ranbir Nagpal, co-founder. 

As a culinary journey of good food and fine cocktails: Juliette Ristorante promises to serve you the most delicious cocktails. You can start with a Smoked Hazelnut Martini, a keen twist on the standard espresso martini with a touch of sweetness from Hazelnut & Caramel, and a rim coated with hazelnut and peanut. If a glass of wine is your jam, Juliette has you covered with the Elderflower Hugo, a pleasant cocktail served with fresh berries, pomegranate, wine, and elderflower syrup. If you are the classic kind, you can do a Barrel-Aged Negroni, whiskey aged in a barrel, and later served with a presentation tableside. And if you like a good DIY, Passion is your poison of choice. All you must do is select your base spirit blended with fresh passion fruit puree and lemon juice, served in an old-fashioned glass & a short glass of ice topped with sparkling wine. And finally, the namesake Juliette – an encapsulating serving of the place’s obsession with fantastic cocktails, a suave drink combining elements of bourbon, rose shrub, lemon juice, and mint – garnished with fizzy apple juice served with a crushed rose on liquid nitrogen in all its fanfare – a must-have!

“Juliette is a feeling of being chic and modern yet traditional but classy. Gives you an overall dining experience of international standards with a classy touch. Hospitality personified, the goal is to connect with the lovers of fine food and exquisite cocktails,” says Atul Chopra, co-founder.

nurture.farm to further expand its insurance solutions for farmers using nurture.farm app

nurture.farm ties up with SBI General Insurance and Future Generali India Insurance Company to enhance insurance offerings to farmers

Bengaluru | 13 July 2022: In a major development, nurture.farm, India’s leading AgTech startup announced its partnership with SBI General Insurance and Future Generali India Insurance Company to further expand its insurance solutions for its 1.9 million farmers who use its nurture.farm app.

nurture.farm is an open digital platform for growers, farming communities, and food systems. It is actively working on a mission to strengthen agricultural outputs, making them profitable and sustainable for future generations. The company had recently received a Corporate agency licence from India’s Insurance Regulatory and Development Authority (IRDA). This licence enables nurture.farm to help farmers access innovative insurance solutions at cost-effective price points.

Mr. Dhruv Sawhney, Business Head & COO of nurture.farm said, “Insurance penetration in India is very low, especially in the rural hinterland. We want to develop smart insurance solutions for farmers to increase their financial resilience. We are elated to have partnered with trusted brands like SBI General Insurance and Future Generali India Insurance Company. This partnership is a significant step forward in our path which will help us achieve our aim of becoming a one-stop destination for improving outcomes and resilience for our 1.9 million and growing community of farmers.” 

Commenting on the partnership, Ms Priya Kumar, Head – Emerging Business Lines, Rural & Agri, SBI General Insurance said, “At SBI General, we have been working closely with the farming community over the last few years for developing custom-made insurance solutions. We are happy to partner with nurture.farm, which is yet another step towards supporting and safeguarding our farmers with a tech-enabled platform. This association with nurture.farm will further strengthen our commitment to secure farmers across the length and breadth of the country. Our partnership will also provide a boost to increase insurance awareness and bring more farmers into the insurance fold, thereby protecting them from financial strain arising due to unforeseen circumstances.” 

Earlier this month, nurture.farm forged another significant partnership with Future Generali India Insurance Company. Speaking about the partnership, Mr Samdarshi Vikram Singh, Vice President – Crop Insurance & Rural Underwriting, Future Generali India Insurance Company said, “We are excited about our partnership with nurture.farm. We are keen to serve the Indian farming community with insurance products that ensure quick recovery from any financial exigency they might face. This endeavour will help to improve insurance penetration in the country, especially at the rural levels, where its reach is still at a nascent stage. New age Agtech partners, such as nurture.farm, will ensure that the insurance outreach to farmers is reliable, transparent and is through a credible source, whom the farmers already trust.”

With these partnerships, nurture.farm aims to offer its insurance solutions to 2 million farmers in 2022-23, and will continuously innovate to offer risk mitigation solutions to farmers. nurture.farm intends to offer remote sensing-based farm-level insurance to farmers, which is one of the missing links in increasing farmer resilience in India.

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Pamper your taste buds @CravingsSayajiRaipur and cherish yourself with appetising, aromatic, exquisite spreads!! A wide spread of buffets from a spread of Salads to main course from Indian to Italian, Tandoori. A buffet with a variety of savouries and desserts for sweet lovers, so there’s something for everyone. Explore the lavishness and experience the luscious cuisines. Your tummy will be satiated in no time. The beautiful ambience makes for an unforgettable experience. You will be thankful for the rapid service and the range of delicacies.

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Gautam Solar creates milestone with 100 MW DCR solar module sales

New Delhi, 13th July 2022: One of India’s leading indigenous solar manufacturers, Gautam Solar, has created yet another milestone by selling 100 MW solar modules under the domestic content requirement (DCR) category. DCR modules are indigenously manufactured solar modules and solar cells, which are entirely manufactured in India. The Gautam Solar manufactured DCR Solar modules are majorly used by Solar EPC & system integrators.

Gautam Solar has 250 MWp Solar Module manufacturing expanding to 1 GW production and provides a wide range of indigenously manufactured solar modules all over the country. “India needs solutions which are designed in accordance with its government policies, and geographical, economic and social conditions. Gautam Solar provides 100 per cent genuine DCR solar modules without any mix of the Chinese solar cells and with full wattage guarantee,” noted Managing Director of Gautam Solar, Mr. Gautam Mohanka.

The government has earlier mandated the use of DCR solar modules to promote and encourage domestic solar manufacturers. All solar modules manufactured by Gautam Solar are indigenous and are BIS and Approved List of Models and Manufacturers (ALMM) approved by the Ministry of Renewable and New Energy (MNRE).

“Currently 335 / 340 Wp DCR modules are being supplied. All solar modules are EL tested and have anti-reflective (AR) coated high transmission glass. The modules have positive power tolerance and high-efficiency cells,” mentioned Managing Director of Gautam Solar Private Limited, Mr. Gautam Mohanka.

The DCR solar modules of Gautam Solar are made available in over 10 warehouses across the country to ensure easy accessibility. The company, based out of New Delhi with 4 factories in Haridwar, has over 25 years of experience in the solar industry and aims at innovating, designing, and manufacturing the best, most robust solar products that meet the requirements of Indian customers.

Atul Singh appointed as Executive Vice Chairman to the Board of Raymond Limited…

India, 13th July 2022: India’s leading textile, apparel, retail and real estate conglomerate today announced the appointment of Atul Singh to lead the Group, signalling a significant step towards creating a future ready organisation. As Raymond is gearing to mark its centenary year in 2025 the company is on a transformation journey by strengthening its leadership by bringing in diverse experience on board.

The Nomination and Remuneration Committee of Raymond Limited has recommended his appointment as Executive Vice Chairman to the Board of Raymond Limited subject to and post securing necessary regulatory clearances.

Atul comes with diversified experience of over 35 years leading multi-billion dollar businesses across several geographies globally. Atul worked at Coca-Cola for about two decades at several senior leadership positions and concluded his journey there as Chairman, Asia Pacific and spearheaded businesses across 25 countries.

Prior to joining Coca-Cola, Atul worked at Colgate-Palmolive for 10 years where he held several leadership positions globally. His last stint at Colgate-Palmolive was Country Manager, Nigeria.

Commenting on the appointment, Gautam Hari Singhania, Chairman and Managing Director, Raymond Limited said; “I have always believed in the philosophy of demarcating ownership and management that brings in the global expertise and good governance. Raymond is at an inflection point and has embarked upon the journey to be a future ready organisation to achieve profitable growth and value unlocking. As we are headed to complete 100 years of our existence, a strong leadership for the organisation will propel us to scale up our businesses both in domestic and global markets. With his impeccable track record, I am confident that Atul will lend his expertise for Raymond to sustain and grow in each of the businesses we operate.” 

Expressing his delight to join Raymond, Atul said “Raymond is one of the most reputed home-grown brands from India and has an enormous potential for growth. It is very exciting to be part of the transformation journey and lead the organisation to its centenary year. I look forward to contribute and chart out a growth path for the organisation and shareholder value creation.”

Chicken Promotes Muscular Growth and Boosts immunity. – Suguna Foods

Bengaluru, 1July 2022: Chicken, one of the rich sources of protein, contributes to the well-being of our body by promoting muscular growth and boosting immunity. Chicken contains essential nutrients, healthy fats, vitamins, and minerals that help in the proper functioning of the body. It is important to include chicken in our daily diet at least three times a week to witness good results. Some of the health benefits of chicken are listed below

Rich in Selenium 

Chicken is an excellent source of Selenium. This nutrient aids in the prevention of infection and chronic illness, as well as the regulation of thyroid hormones.

Chicken Is Extremely Protein-Dense 

Protein is a macronutrient that is essential for the development of the human body. Chicken is a great source of lean, low-fat protein that aids muscular growth and development. This also helps with weight loss and maintaining a healthy body weight.

Good Source of Vitamin and Minerals 

Rich protein meat also has important vitamins and minerals in abundance. It contains vitamin D, which aids calcium absorption and bone health. Vitamin A helps in the development of vision and is beneficial in boosting the immune system and Vitamin B helps in energy generation and the formation of healthy red blood cells.

Rich in Niacin 

Niacin, commonly known as vitamin B3, is a micronutrient that the body needs for healthy metabolism, nerve function, and antioxidant defense. Chicken is a good source of vitamin B3. This enables the maintenance of healthy skin and protects against cancer and other types of genetic (DNA) damage.

Chicken Is a Creatine-Rich Food 

Creatine is abundant in chicken. It is a naturally occurring molecule made up of three amino acids: arginine, glycine, and methionine. This helps in producing energy for string contractions of the muscles.