Archive: January 3, 2022

Exchange your Realme 8s for a #ProudlyIndian Lava AGNI 5G

This new year, make a fresh start!

Exchange your Realme 8s for a #ProudlyIndian Lava AGNI 5G

Feel #ProudlyIndian? …Want to make a fresh start? … Don’t worry- WE HAVE YOU COVERED!

Exchange your Realme 8s for the first Indian 5G smartphone- Lava AGNI 5G, which now comes with Widevine L1 support. It is time to #ChooseASide

Mumbai, 3^rd January 2022: Indian smartphone brand, Lava International Limited, announced a one-of-a-kind exchange offer for smartphone users. Lava has announced that you can now grab its most talked about 5G smartphone- AGNI in exchange for the Realme 8s. The offer can be availed by both 6GB and 8GB variant users of the Realme 8s.

While both these phones run on the Mediatek Dimensity 810 chipset, Lava AGNI 5G comes with a 6.78” screen and a quad rear camera (64 +5+2+2 MP) which has an edge over the Realme 8s that comes with a 6.5” screen and only a triple camera (64+2+2 MP). So if you want to make a fresh start this New Year, exchange your old Realme 8s with a brand new Lava AGNI 5G smartphone which now comes with a Widevine L1 support as well. Both the devices come at the same price but AGNI 5G packs more features as compared to Realme 8s.

The offer is currently available across the country from 3^rd January till 7^th January 2022. Users of the Realme 8s can fill out an online form at Lava’s e- store and get a new AGNI 5G phone in exchange. AGNI Mitra (a one-of-a-kind and dedicated customer service executive for every 5G smartphone) from Lava will personally assist for a seamless exchange process.

ABOUT LAVA AGNI 5G

Lava AGNI 5G is powered by Mediatek’s latest chipset- Dimensity 810, a large 6.78 inch FHD+ IPS punch-hole display with a 90 Hz refresh rate & comes with 8GB RAM + 128 GB ROM and liquid cooling technology. AGNI’s Quad camera sits beautifully in a fiery blue matte finish fingerprint-resistant body. The 64MP primary camera, along with a 5 MP wide-angle camera, 2 MP Depth camera, and a 2 MP Macro camera gives you a superior photography experience. The phone also has a 16 MP front camera for all your selfies. AGNI houses a 5000 mAh battery and comes with a 30W fast charger.

Click Here to Fill the Exchange Offer Form: https://www.lavamobiles.com/agni-5g-activity/

SBI Mutual Fund launches SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund

New Delhi, January 3, 2022: SBI Mutual Fund today announced the launch of SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund, an open-ended target maturity index fund investing in constituents of Nifty CPSE Bond Plus SDL Sep 2026 50:50 Index. The new fund offer will open on January 3, 2022 and closes on January 17, 2022.

The investment objective of the scheme is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.

Mr. D P Singh, Chief Business Officer, said: “The fund is suitable for investors who are seeking income over the target maturity period and safer fixed income avenues. With this new fund offering, we continue to expand our product portfolio for our investors to assist them to achieve their financial goals efficiently.’’

With the addition of SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund, we continue to augment our portfolio of offerings in the fixed income passive investment space, in addition to our actively managed funds. This fund provides indexation benefit to investors, with long-term capital gains in Debt Mutual Funds taxed at 20% post Indexation, as compared to 30% without indexation (assuming highest income slab rate) in traditional investment options. Mr. Singh added.”

Mr. Rajeev Radhakrishnan, CIO – Fixed Income, said “The fund provides an opportunity to gain exposure in CPSE Bonds & SDL, with an added benefit of liquidity. The scheme has a pre-defined maturity of September 30, 2026, enabling the scheme to invest in securities maturing around the maturity date of the scheme. Thus, minimizing reinvestment risk. The duration of the underlying portfolio reduces as the scheme nears maturity, given that the scheme would follow a defined maturity investment i.e., September 2026. Therefore, if held till maturity, there is minimal duration risk associated with the investment. ”

The scheme would invest between 95 – 100 % investment in securities covered by Nifty CPSE Bond Plus SDL Sep 2026 50:50 Index. It can also invest upto 5 % in Government Securities maturing on or before maturity date of the Scheme, Money Market instruments including Triparty Repo and units of liquid mutual fund*. The minimum application amount (during the NFO period) required is of Rs. 5,000 and in multiples of Re.1 thereafter. Dinesh Ahuja is the Fund Manager of the Scheme.

Audi India registers highest ever growth since 2008: 101% growth

Mumbai, January 03, 2022: Audi, the German luxury manufacturer, today announced a 101% growth compared to the last year and witnessed a healthy sales figure of 3,293 retail units. The uptick was propelled by the five electric cars – the Audi e-tron 50, Audi e-tron 55, Audi e-tron Sportback 55, Audi e-tron GT, Audi RS e-tron GT and the petrol powered Q-range along with A-sedans. The Audi A4, Audi A6, Audi Q2, Audi Q5 and Audi Q8 remain volume sellers for the brand. The RS and S performance cars continued strong demand and a good order bank for 2022.

Mr. Balbir Singh Dhillon, Head of Audi India, said, “We are very happy with our performance in 2021 despite hitting roadblocks posed by the unfortunate second wave of the pandemic and other global issue like semi-conductor, commodity prices, shipment challenges, etc. At over 101%, our sales has more than doubled compared to the last year. 2021 was a big year for us with nine new models launched, marking our entry into the Indian EV market with five electric car launches. We are currently the only brand to have five electric cars on offer. Products like the Audi Q8, Audi A4, Audi A6 and our RS models continued their strong performance and we have a good order bank already for start of 2022. On the retail front – not only we open new cars showroom and workshops but also doubled our pre-owned car facilities in 2021.”

Mr. Dhillon added, “2022 is going to be another power-packed year for Audi India. We will continue to focus on our Strategy 2025 that focuses on Customer Centricity, Digitalization, Products and Network. With our promising portfolio of volume, performance and electric cars, we will continue to redefine luxury for our customers. We will have our full-strength of our models back in the country and are confident of a strong performance in the months ahead.”

Audi India has stepped closer to its goal to emerge as a sustainable and profitable brand. With customers at the heart of every manoeuvre, Audi India will continue its strong focus on Strategy 2025.

Audi India’s current lineup of products include: Audi A4, Audi A6, Audi A8 L, Audi Q2, Audi Q5, Audi Q8, Audi S5 Sportback, Audi RS 5 Sportback, Audi RS 7, Audi RS Q8, Audi e-tron 50, Audi etron 55, Audi e-tron Sportback 55, Audi e-tron GT and Audi RS e-tron GT.

CNBC-TV18 kick starts 2022 by introducing its new show – Inside Out

3^rd January 2022: In their endeavour to restructure and innovate, businesses across sectors have welcomed some of the transitions brought in by the pandemic. It is an era where we see new & old players adopting & innovating to never-seen-before business models in a bid to stay relevant to the changing consumer needs and lead the way in the new normal. Giving viewers a deep-dive into the business strategy playbook of these market disruptors, CNBC-TV18, India’s No. 1 English business news channel, introduced a new show – Inside Out – that will be aired every Monday at 2 PM, with the first episode that was aired on 3^rd January 2022.

Keeping pace with the market’s history of embracing new beginnings to expand and grow, the show, as its name suggests, will provide an ‘Inside Out’ perspective on market matters. To enable viewers to understand what leads the lesser-known, but active and high-performing market movers towards growth, the show will deep dive into the workings of new businesses, and will provide an outlook on multibaggers, Indian IPOs, and the most talked about companies of the Indian market.

Hosted by CNBC-TV18’s expert market anchors & analysts – Nigel D’Souza and Sonal Bhutra, each episode will encapsulate key segments that will include SWOT Analysis of the lesser-known but high growth stocks and businesses buzzing in the market, stock movement and investment strategy – that will offer a unique take on the Indian IPOs and new businesses. Furthermore, it will also feature exclusive interviews with the top management of the market movers to help delve deeper into the company’s business strategy and future outlook along with analysing sector-specific performances and markets to shed light onto the most dynamic businesses that continue to break new ground.

The first episode aired today saw an in-depth analysis of MTAR Technologies, and an insightful conversation with their MD, P. Srinivas Reddy, to get deeper insights on their business outlook. The episode also saw a comprehensive SWOT analysis of Poly Medicure Ltd. to help viewers understand their business health better.

Speaking about the show, Shereen Bhan, Managing Editor, CNBC-TV18 said, “The retail investor community looks to us to provide credible and insightful content on market movement in order to understand the changing business landscape & design their investment strategies. CNBC-TV18 has always been a leader in breaking the clutter and empowering its viewers with actionable and well-researched information. Inside-Out is our latest offering that offers in-depth analysis of companies in the news but often under researched. We hope the show will help viewers understand a company & its business proposition better in order to make smart investment decisions”

Chicco Home Travel Bottle Warmer – Ideal for warming up milk & baby food

When it comes to must-have baby products, a baby bottle warmer is amongst the wish list of every new parent. Especially in the cold weather, it is always advised to feed babies with milk nicely warmed up, which is why a baby bottle warmer is a useful purchase for new parents. Chicco, one of the leading baby care brands, has come up with the Home-Travel bottle warmer with advanced features to help mothers ease out their tasks. While juggling between tasks and taking care of the new-born baby, Chicco’s Home-Travel bottle warmer is a smart solution allowing mums to warm up milk and baby food conveniently at the right temperature for their little one whether at home or on-the-go.

On several occasions, when mothers are in haste, they tend to use microwaves for milk warming which is not recommended in the case of newborns. Microwaves, not only can heat unevenly but may also make the milk too hot for consumption for a baby and eliminate the essential nutrients of the milk.

While, Chicco’s Home-Travel bottle warmer has everything that a new parent needs. Thanks to its ideal heating cycle for both food jars and baby bottles, the warmer preserves the nutrients of milk and food. Easy to operate touch panel, it features a dedicated function for warming up breast milk and comes with defrost setting for thawing any cooked-up purees or foods. With its car plug-in connector, parents can easily carry it while travelling and warm the food or milk as per their convenience as and when they need to give it to the baby.

When choosing a bottle warmer, parents must pick one that’s convenient, safe and easy to use. Chicco Home-Travel Bottle warmer with the below listed features can turn out to be your best bet.

Fast, accurate and helps you save time: It just takes 4 minutes to heat milk and baby food, starting at room temperature. And the desired temperature can be maintained for up-to 1 hour after the end of heating cycle.

Ideal for home usage and on-the-go: The design of Chicco’s Home-Travel Bottle Warmer also includes a car plug-in cord that makes it perfect to be used for heating the milk and baby food even while travelling.

Preserves breast milk nutrients: Thanks to the gradual and consistent warming process of Chicco home travel bottle warmer that helps to preserve the nutrients present in breast milk as they are important for child’s growth.

Easy touch panel & various modes of functioning – It has fast heating for infant formula in minutes, gentle warming mode for breast milk to preserve nutrients, gentle defrosting for thawing and also has a food jar heating mode.

Auto-shut Off feature – The device comes with an audible alarm that notifies you the completion of the heating cycle. And for additional safety, the device switches off automatically at the end of the cycle to prevent over-heating.

Safe and easy to handle – it includes a jar / bottle holder that offers support in terms of gripping the bottle and food jars minimizing the risk of burns.

Fino Payments Bank receives RBI approval for Cross Border Remittances

Mumbai, 3rd January 2022: Fino Payments Bank (BSE: 543386; NSE: FINOPB) (“Fino Bank” or “the Bank” or “Fintech) has received the RBI approval for commencing International Remittance business under the Money Transfer Service Scheme (MTSS). The Bank will be undertaking inward cross-border money transfer activities in association with an Overseas Principal, the details of which are being worked out.

According to a recent World Bank release in November 2021, India is expected to be the largest recipient of remittances globally in 2021 with expected receipt of USD 87 billion. This is expected to grow by 3% in 2022 to USD 89.6 billion as a large number of workers are expected to return to the gulf countries.

The customer segment of Fino Bank at the middle of the pyramid is targeted to families of many of the people working in foreign countries. The money remitted by family members abroad can now be directly withdrawn at the nearest micro-ATM or Aadhaar-Enabled Payment Services (AEPS) enabled Fino Bank’s neighbourhood merchant point.

Major Ashish Ahuja, Chief Operating Officer, Fino Payments Bank said, “Continuous product innovation is one of the core pillars of our model. International remittance further enhances our transactions-based product offerings. We will be ready to offer the inward remittance services to our customers by Q1 FY23. In sync with our digital strategy to enhance customer experience, we will also look at having this product on our mobile application as well.”

Fino merchants provide services such as new account opening, cash deposit, money transfer, cash withdrawal via micro-ATMs or AEPS mechanisms, collect cash on behalf of various institutional clients among others. As a new offering International Remittance will help augment income of merchants and the Bank leading to strengthening of Fino’s robust distribution network.

“There is a major inward remittance corridor in states like Gujarat, Punjab, Kerala, Uttar Pradesh and Bihar. We already have scaled up our merchant presence in all these geographies. We are therefore confident that the new offering will gain traction very quickly. We also expect to shore up more subscription based saving accounts due to this initiative as customers would prefer to park the remitted money in a Fino Bank account itself”, added Mr. Major Ashish Ahuja.

Going forward Fino Bank will be open to partnering with more leading money transfer operators (MTOs) to widen its horizon across different countries. The Bank also has plans to commence outward remittance services soon. Fino Bank’s network of over 8 lakh merchants across the country, as of 30th September 2021, provide immense convenience to access domestic as well as cross border remittances.

In addition to International Remittance, the Bank has in the pipeline various cross sell offerings like mutual funds, loans, fixed deposits and others that are expected to contribute to its bottom line as part of its strategic vision of FY23 and beyond.

Snapdeal to promote National Health Authority’s “National Health ID” Scheme

January 03, 2022 | Mumbai: Snapdeal, India’s leading value-focused e-commerce marketplace, is leveraging its pan-India reach, especially across India’s smaller cities and towns, to promote National Health Authority (NHA’s) “Health ID” program. As part of this initiative, Snapdeal will utilise its digital presence including website, mobile application, and social media accounts to increase awareness about the scheme and provide information on how users can create their own Health ID.

The Health ID project by the Ministry of Health & Family Welfare (MoHFW) is part of the Ayushman Bharat Digital Mission (ABDM) that aims to develop the backbone necessary to build an integrated digital health infrastructure in the country. The digital health records will allow users to access & share their medical records, in a paperless manner, all the way from admission to discharge. A unique 14-digit Health ID will be issued to each user on a voluntary basis.

The health ID can be easily created by using an individual’s basic details, mobile number and Aadhaar number. The health records can be further linked and viewed through a mobile application. The “Health ID” will allow users to connect with different healthcare providers across the ABDM ecosystem by enabling a consent-based sharing of personal health records.

The pandemic has highlighted the importance of having all the health related data of an individual in one place which helps in making the healthcare process much efficient and quick, empowering the medical professionals to provide a higher level of care with all the information in hand.

As part of this initiative, Snapdeal is initially running a series of banners to provide information about the benefits of the scheme and providing a link to NHA’s page where they can generate their Health ID. The information will also be shared through Snapdeal’s social media properties in English, Hindi and in other Indian languages.

Speaking on this, Rajnish Wahi, Senior Vice President, Snapdeal said “In an increasingly digital world, easy access to digital health records will be of immense use to citizens, especially as they move beyond primary healthcare to other health services. We believe that this initiative will serve Bharat well and will equip users in smaller cities to connect with digital health solutions from across the country. We are proud to extend our support to NHA’s efforts in this regard.”

Snapdeal receives more than 86% of its orders from outside metro cities. With a large proportion of users living in smaller cities and towns, Snapdeal’s users have access to a range of regional interfaces on the app and can converse with agents in eight Indian languages, in addition to English. This includes Marathi, Kannada, Malayalam, Gujarati, Telugu, Tamil & Bangla.

As part of its ESG initiatives, Snapdeal works closely with various wings of the government to support public interest initiatives. In February 2021, Snapdeal worked with the Food Safety and Standards Authority of India (FSSAI) to create awareness about FSSAI’s Eat Right India Movement to sensitize consumers about healthy food options and the role of fortified foods in fighting malnutrition. As part of this, Snapdeal’s packets carried stickers to share information about the importance, benefits and identification of fortified food choices.