Archive: March 22, 2023

Casagrand Forays into Commercial Real Estate Sector; Launches Casagrand Commercial Division

Bengaluru, 22nd March 2023: Casagrand forayed into the commercial real estate segment by announcing the launch of its new venture Casagrand Commercial. The venture is another new vertical in Casagrand Group Companies, which is planning to invest Rs. Rs.8000 Cr in the next 5 years.

The company aims to deliver world-class commercial space which will include workspace, IT/ITES buildings, Retail malls, and standalone retail space by developing 10 million sq. ft of highly equipped commercial spaces by 2027, which has an estimated rental potential of Rs 900 Cr annually. The company is all set to launch 2 million sq. ft in Chennai and very shortly planning to acquire 100 acres of land parcels. Casagrand Commercial will also develop commercial projects in Bengaluru, Hyderabad, and other metro cities which will be 40% of the total investment.

Having carved a significant niche in the South Indian real estate market, the company has pioneered several flagship projects housing novel themes and innovations. The brand-new venture – Casagrand Commercial is yet another leap forward in the same direction by building the business model on 5 significant pillars – Value for many occupants, on-time delivery, unique product, logical amenities, and Casagrand’s legacy.

Casagrand Commercial has on-boarded experts from various fields like product development, purchase, engineering, sales, marketing, finance, among many others. The company has also appointed top-class consultants for building innovative projects. The projects will be built at an optimized cost and delivered on-time, yielding great value to the tenants.

Casagrand Commercial will develop aesthetically pleasing and sustainable projects with world-class amenities and wide open and green space. The projects will be built on a futuristic approach by offering smart solutions and advanced automation facilities. The projects will be built by offering effective office spaces, to ensure the highest level of safety, and significant certifications such as LEED, WELL, and obtaining other important certificates.

Designed imbibing international standards, all facilities developed under Casagrand Commercial will be built on occupant-centric principles, where people can seamlessly live-work-play, seeking to reinstate, thereby enhancing the comfort and convenience in daily life. The projects will be loaded with world-class amenities such Spa, Indoor game rooms, Coffee corner, Gym, Lounge, and many more. The tenants’ spaces will also be customized as per occupants’ requirements.

For the past 18 years, Casagrand has been a significant brand in the Indian real estate sector, the company has always catered to the market as per the requirement and has grown tremendously over the years. Casagrand is known for delivering superior products at the best price, aligning to the same value, and now the company is launching commercial spaces promising to offer international standards.

Commenting on the foray, Mr. Arun Mn, Founder and Managing Director, Casagrand, “With great pride and joy, we are happy to inform you all that we have forayed into the commercial real estate sector. This is an exciting time as many government initiatives are being taken to develop the infrastructure, and we see huge potential in this sector and a gap between the modern demand and supply. Casagrand has always stood for quality, reliability, and innovation, and we have applied the same principles in this commercial venture as well in order to meet the needs of business requirements. We strongly believe many companies will find our projects very convenient which will eventually lead towards creating a significant business environment with adequate job opportunities. We intend on achieving 10 million sq.ft of leasable area across the metro cities by 2027. We welcome landowners and companies to join us in this journey as we have charted strong growth plans in commercial real estate for the coming years.”

The company is planning to launch with the following projects, Casagrand Astute, a commercial office space at Nandambakkam 2,75,000 sq ft. of leasable area, Ground plus 9 floors of office space building and Casagrand Bizpark, IT/ITES space 6,00,000 sq ft of leasable area with ground plus 14 floors at Sholinganallur, Casagrand the Paragon, office space at Radial road 3,00,00 sq ft.

Pertaining to the small retail format, Casagrand commercial has launched Casagrand Connect at Ambattur and Melakottaiyur with 1,65,000 sqft. and 1,75,000 sq ft of leasable area respectively.

Casagrand Commercial will be a great journey in Southern realty space by creating wonderful experiences for the tenants.

Godrej Interio introduces ‘Optimizer Plus’ Office Storage Solution

Bangalore, 22nd March 2023 : Godrej & Boyce, the flagship company of the Godrej Group, announced that its business Godrej Interio, India’s leading furniture solutions brand, in the home and institutional segments, has introduced their latest innovation in smart mobile storage, ‘Optimizer Plus’. Adding to its ergonomic range of institutional furniture, Godrej Interio provides this easy to operate and elegantly designed mobile storage option with pleasing aesthetics. It’s designed to blend with any office structure of the customer’s choice.

Over the years, the ideal modern workplace has evolved significantly, and technology have been a major driving force behind the transformations. Storage solutions, too, have improved in terms of technology, aesthetics, and functionality over time. Despite digitalization it is observed that several official and legal documents as well as inventory are still stored in their physical form. These physical storages occupy significant valuable real estate in offices. The Optimizer Plus by Godrej Interio meets the modern-day offices requirement of space optimization and is easily adaptable to the evolving workspace. With more than 38% of space saving in any configuration, it ensures greater safety, security, and user-friendliness. It’s a unique mechanical & Push-Pull features are ergonomically designed for easy unit movement.

Commenting on this innovative concept, Sameer Joshi, Associate Vice President, Marketing (B2B), Godrej Interio, said, “At Godrej Interio we aim at creating products by adopting a human-centred approach and using adaptive space solutions for workspaces. The ergonomically designed ‘Optimizer Plus’ focuses on hassle free workplaces and space optimization. We hope to make well designed furniture available to more institutions and enable workplaces with user security and productivity.Our institutional furniture business is expected to grow by 25% in FY23-24 and we aim to introduce 25 new products in the institutional furniture segment in the next 2 years.”

Coal will continue to be in demand, says mjunction MD, Shri Vinaya Varma

22 March 2023: India’s largest B2B e-commerce company, mjunction services limited, is organizing the 16th Indian Coal Markets Conference at ITC Sonar in Kolkata on March 20-21, 2023. In order to capture the essence of the fast-changing energy dynamics, the theme of the Conference has been chosen as: “Coal Rush: Growing in a Green world”. In keeping with the theme, the conference will provide a platform to discuss the simultaneous growth in coal and renewables sectors, and what that would mean for the viability of fresh investments in either of these sectors.

Shri Vinaya Varma, MD & CEO of mjunction Services Limited, welcomed all the dignitaries and industry leaders during the inaugural session of the 16^th Indian Coal Markets Conference. He greeted Shri Amit Lal Meena, Secretary, Ministry of Coal, for joining the inaugural session virtually. Additionally, Shri Pramod Agrawal, Chairman, Coal of India, Shri S. Saha, MD Bhubaneshwar Power Pvt. Ltd., and Shri Ajay Misra, DG, Renewable Energy Society of India also addressed the session about various implications of the Indian Coal Industry.

Speaking on this occasion, Shri Vinaya Varma, MD & CEO of mjunction Services Limited said, “This is a stiff target as it would require 80 million tons more coal over 700 million tons expected in FY23,” he said. “In India, coal is critical for energy security and independence amid geo-political risks related to gas and oil supplies. So, until the energy transition process starts playing out in full, coal will continue to stay much in demand as the most dependable and economical source of energy for India.”

Coal Ministry is in the process of changing some of the existing norms for commercial coal block auction to attract more investments, Coal Secretary Amrit Lal Meena said at the inaugural session of 16th Indian Coal Markets Conference organized by mjunction services Ltd. “Coal ministry is looking to implement certain changes for the upcoming Tranche 7 of commercial mining in mid-April 2023 for ease of doing business, long-term returns, and price stabilization,” Shri Amit Lal Meena said in his address.

A total of 129 mines have been allocated so far for captive and commercial users. “Around 50 mines have started production. It is estimated that 15 percent of the total coal production will be from captive and commercial mines. During FY23 production of captive and commercial mines stood at 89mt, this year we are expecting 112 mt,” Coal Secretary said while addressing the audience. Coal India Chairman Pramod Agrawal said the company has set a target of 780 million tons for FY24.

Followed by the inaugural session, the conference saw presence of Mr. V K Arora, Chief Mentor, KCT, Dr. B Veera Reddy Director (Technical), and (Director) Finance- Addl. Charge, Coal India Limited (CIL), Mr. Tuhin Mukherjee, Group Advisor, Aditya Birla Group and Former MD, Essel Mining, Ritabrata Ghosh, VP, Sector Head, Corporate Sector ratings, ICRA Ltd, DLR Prasad, Adviser- Minerals, Metals and Mining, APMDC, etc. who addressed the participants during the plenary sessions.

Star Sports Unveils an Elite Panel of Decorated Experts and Legends for Tata IPL 2023

Bangalore, March 22, 2023: Star Sports, the official television broadcaster of the TATA IPL 2023, announced a star-studded panel of commentators that features some of the most decorated players to have graced the 22 yards. Fans across India can look forward to some of the most respected, adored and knowledgeable experts from around the world presenting the event, LIVE & Exclusive on the Star Sports Network.

Link to Panel Launch video – YouTube, Twitter

Cricket aficionados can tune in to watch two T20 World Cup winning captains Paul Collingwood and Aaron Finch, the latter having played for nine IPL franchises, providing a captain’s perspective. Joining them will be former England and IPL legend Kevin Pietersen, whose extensive knowledge of the sport and colourful personality has made him a fan favourite over the years. Another fan favourite – Danny Morrison – will be seen in his elements on Star Sports’ coverage of TATA IPL 2023. One of the greatest all-rounders ever and a former IPL coach Jacques Kallis makes his debut on Star Sports’ panel. Former Australia batters David Hussey, who was also KKR mentor and Matthew Hayden, CSK legend, will join Kallis and Pietersen. Former Purple Cap winner Imran Tahir will lend his perspective on spin-bowling, expected to play a crucial role at certain venues as IPL travels to 12 venues for the first time ever.

Former IPL coaches Tom Moody, Daniel Vettori and Simon Katich will provide an insider’s view on the game, analysing tactics and plays.

The Star Sports panel will also boast of legendary Indian openers with contrasting batting and commentary styles – Sunil Gavaskar and Virender Sehwag. Adding to the diversity and stature to the broadcast ranks will be Mithali Raj, one of the greatest women cricketers of all time. Four-time IPL and two-time World Champion Harbhajan Singh will be joined by winner of the first-ever IPL title Mohammad Kaif.

The strong line-up also includes former India all-rounder and winner of ICC T20 World Cup 2007 – Irfan Pathan. Making his debut on Star Sports’ panel will be Irfan’s brother, two-time World champion and one of the most impactful IPL players ever – Yusuf Pathan. Former India opener and three-time IPL champion Murali Vijay makes a foray into sports broadcasting for the first time ever and will be joined by Laxmipathy Balaji, who also has three IPL titles to his name, two as player and one as member of the CSK coaching staff. The strong title winners’ list also includes Subramaniam Badrinath, who won two titles with CSK. S Sreesanth also joins the elite ranks of Star Sports’ experts and will infuse his infectious energy to the most watched Cricket show in India – Cricket Live.

Along with Sunil Gavaskar, 1983 World Cup winners Sandeep Patil and Kris Srikkanth also join Star Sports’ panel, adding a unique generational perspective to the broadcast.

The Telugu feed brings an unmatched viewing experience with a line-up of commentators which includes former IPL champions – Venugopal Rao and T Suman, who tasted success in 2009 with Deccan Chargers and Ashish Reddy, who won the title in 2016 with Sunrisers Hyderabad. Former Chief Selector of the Indian Cricket team – MSK Prasad – joins them to elevate the Telugu broadcast. Kalyan Krishna joins the ranks of elite former Cricketers to capture and celebrate the action and excitement of India’s biggest Cricketing festival.

The Kannada commentary panel features former Indian cricketer Vijay Bharadwaj, Srinivasa Murthy (Jaani), former Karnataka coach GK Anil Kumar, former RCB trio Balachandra Akhil, Bharat Chipli and Pavan Deshpande along with Karnataka legend Gundappa Vishwanath. Current Big Boss (Kannada) winner Roopesh Shetty too joins the Kannada feed as he makes his debut into sports broadcasting.

Former Indian cricketer Amol Muzumdar leads the broadcast in Marathi while former India cricketer Nayan Mongia will lead the ranks of Gujarati experts. The Malayalam and Bengali feeds will be led by two former Indian pacers in Tinu Yohanan and Ashoke Dinda respectively.

With a mix of IPL Champions, World Champions, Successful IPL Coaches, Experienced Broadcasters and Legends from generations who build narratives, tell stories, analyse tactics, and provide insights, Star Sports is all set to bring alive an Incredible experience for fans this TATA IPL 2023.

Catch all the action from TATA IPL 2023 on television from March 31st-May 28th, 2023, on the Star Sports Network

Moneyboxx crosses milestones of INR 500 crores Cumulative Disbursements and INR 300 crores AUM

March 22, 2023, New Delhi: Moneyboxx Finance Limited (Moneyboxx), a BSE-listed NBFC, which drives financial inclusion by providing business loans to micro-entrepreneurs in Tier-III towns & below places, crossed milestones of INR 300 crores AUM and cumulative disbursements of INR 500 crores # in March 2023. Since its start of operations in February 2019, the company has transformed lives of over 30,000 households of which 53% were women and 35% new to credit.

Strong business growth and productivity led to robust growth in AUM to INR 308 crore as of 20th March 2023, growing by 155% compared to INR 121 crore as of Mar’22. The Company added 26 branches in the current financial year so far, expanding its branch network to 56 branches across 6 states as of 20th Mar’23. The Company is in the process of raising equity in March 2023 and is supported by 24 lenders including leading banks, NBFCs, impact funds, and additionally, has co-lending and business corresponding partnerships in place with lenders.

Commenting on the key milestone, Mr. Mayur Modi, Co-founder, of Moneyboxx Finance Ltd said, “We see tremendous growth opportunity in INR 1-10 lacs loan segment given the huge credit gap for micro-enterprises and presence of very few focused players in this segment. We have a robust and highly scalable business model which is powered by entirely digital process and risk analytics and have solid branch unit economics with low capex and operating costs. We have a proven business model to service this segment with robust underwriting practices and one of the best asset quality metrics in the industry (90+ PAR at 0.54% of AUM on Dec 22). With the aim of driving financial inclusion in rural India, we aim to reach AUM of about INR 1,000 Crore and 100 branches by FY24 with growing and continuous support from our lenders, Co-lending and BC partnerships, and planned capital raise.”

Zeon Lifesciences debuts its Nutraceutical Products for Pet Care

New Delhi, March 22, 2023: Zeon Lifesciences, the leading manufacturer of nutraceutical and herbal products across the globe today announces its foray into the pet wellness industry with the launch of a new, state-of-the-art product line focussed on veterinary nutrition, that ensures prolonged wellness for a pet.

The product range caters to general wellness, bone, and joint health, as well as skin and coat health to ensure that your pets remain healthy and active 24*7. The wellness products are available in the form of powders, sprays, and liquid orals.

The pet wellness industry in India has witnessed substantial growth in recent years, propelled by a growing middle-class population and a rise in pet ownership. With the tremendously rising number of individuals embracing their pets as their family members, the need for high-quality pet care services has risen. The pet care market size in India stood at INR 74,000 Crores in 2022 and is expected to touch INR 210,000 Crores by 2032, expanding at a CAGR of 19.2% from 2022 to 2032.

The industry is also witnessing a transformation towards more natural and organic pet products, as owners become more health-conscious and seek products that are free from additives.

“We are delighted to announce our entry into the pet health & wellness industry and have leveraged our expertise in the nutraceutical and herbal industry to design a line of pet products that are of as identically high quality and value as our human supplements. We have already started to manufacture for some of the global giants. The new pet wellness product line includes a wide array of products for joint health, digestion, immune support, and overall wellness and are being manufactured utilizing the highest quality ingredients in compliance with industry standards,” said Dr. Vivek Srivastav, Senior Vice President, Zeon Lifesciences Ltd. 

Improved animal nutrition helps in increasing the quality of livestock production leading to producing higher quality meat and eggs. An optimal nutritional program ensures adequate intake of amino acids, carbohydrates, fatty acids, minerals, and vitamins by animals through a planned program that corrects all the deficiencies in animals. An essential nutrient is a substance that is required to maintain health and prevent diseases in animals.

Established in 1987, Zeon Lifesciences ltd. has emerged as a foremost choice for manufacturing nutraceutical and herbal products for leading industry players in the Indian and global markets. Boasting a diverse portfolio that includes categories like health and wellness, bone health, vigour and vitality, endurance, beauty and wellness, and healthy weight, the firm’s extensive range of products caters to the health requirements of men, women, and children, along with medical and weight management nutrition.

Zeon Lifesciences ltd. has touched a turnover of INR 200 Cr in FY 2021-22 and is poised to reach over 400 crores in the forthcoming fiscal year 2022-23. Furthermore, it operates globally in over 20 plus countries, with a strong presence in the UK, USA, and South Africa.

HMD Global Launches Nokia C12 Pro: A Powerful Smartphone Starting at an Affordable Price

Bangalore, 22st March 2023 – HMD Global, the home of Nokia phones today announces the new Nokia C12 Pro, an exciting addition to the Nokia C12 series. Nokia C12 Pro provides a seamless smartphone experience, making the promises of durability and security more accessible than ever. Nokia C12 pro brings elevated performance with Octa Core Processor, 2GB Virtual RAM, streamlined OS and enhanced imaging with Night and Portrait modes for both front & rear cameras. Plus, its resilient build has endured some of the toughest reliability tests around, so you can fully trust that Nokia C12 Pro will stand the test of time.

Sanmeet Singh Kochhar, Vice President- India & MENA, HMD Global: “After a successful launch of Nokia C12 in India which was an Amazon India exclusive, we’re excited to launch Nokia C12 Pro across retail stores, e-commerce portals and Nokia.com for better availability for our customers. With this device’s, long-lasting battery life, powerful processor and stunning display, it will surely be a delight to our customers and exceed their expectations. This device is designed to meet the needs of consumers who demand excellent performance. With its sleek design and impressive camera capabilities, we believe the Nokia C12 Pro will be a popular choice for customers looking for a reliable and versatile smartphone.”

Stellar shots day or night

Capture life’s best bits with cameras backed by powerful bespoke imaging algorithms. Experience an enhanced imaging experience and capture memories with confidence in Night and Portrait modes on both 8MP Rear & 5MP Front camera and then relive them on a stunning 6.3” HD+ display.

More storage and making the most out of your data

Nokia C-series devices with AndroidTM 12 (Go edition) give you an average of 20% more free storage[1] so you can store up to a thousand more songs or pictures, or even a few hours of HD video.

With memory extension[2] giving you 2GB of additional virtual RAM, you can navigate between your favourite apps even faster, whilst ensuring others don’t slow you down.

Performance optimizer cleans the unnecessary apps running in the background, Nokia C12 Pro ensures no data is wasted. With resources freed up and data saved, your mobile plan will go further.

5 steps to keep your feet happy and healthy this summer!

By Shaily Mehrotra – Founder and CEO, Fixderma

It’s getting warmer day by day and the season for smelly infectious feet has arrived. We can all be blamed to only be taking care of our feet by going for a pedicure but there are ways to prevent the anxiety while removing your socks after a long day’s work or let’s be honest if someone calls you over (dreading)

Bad feet don’t mean bad smell but also infections, blisters, and much more. These problems can increase overnight and cause inconvenience in your day-to-day life. Here are 5 tips to prep your toes for some major sun exposure by Shaily Mehrotra – Founder and CEO of Fixderma:

1. Washing them thoroughly 

Feet need to be washed every time you get back home. The germs and bacteria can cull up over time causing discomfort. Make it a habit to wash your feet before bed. External hydration is important to keep your feet nourished and healthy. A mild soap and warm water wash is beneficial and goes a long way.

2. Massaging your feet

Massaging your feet with coconut oil or any massage oil is extremely important on a weekly basis. Massaging increases the blood circulation in your feet and helps you stay on your toes for a long time. Roll your fingers over each foot applying some pressure and you will feel instantly relieved.

3. Invest in a good all-rounder product

While we might not be able to segregate our products for our feet as we do for our face, an all-in-one cream or moisturizer is always a good investment towards your health care. Foobetik by Fixderma is a wonderful option for all trying to search for the right foot moisturizer, crack healing cream, and much more. It is a multipurpose doctor-recommended cream and can be used for different foot-related problems and starts working on the skin by adding hydration.

4. Splurge on yourself 

Yes, you heard that right. It is important to treat yourself for a spa day or a good massage and a great pedicure occasionally. These take care of deep cleansing, exfoliation, and skin rejuvenation. These small things go a long way when it comes to self-care while also taking care of your body. So, say yes to those spa dates or salon dates with your friends if you haven’t already.

5. Right footwear is a must

Footwear is an important factor to your overall foot care wellness. A good pair of soft and comfortable shoes is a good investment for the long run. Breathable footwear material like mesh, canvas, natural leather, etc. are a good choice to keep your feet airy and comfortable throughout the day. Alternatively, one can look at purchasing moisture wicking and lightweight shoe options which are easily available in the market.

Follow these simple tips and put your best foot forward this summer.  It’s time to show your soles a little extra lovin’!

Airbus Collaborates with BITS Pilani WILP to Upskill Professionals in Data Analytics

India — March 22, 2023: Airbus in India, with its prime focus on engineering and innovation, has collaborated with Birla Institute of Technology and Science (BITS) Pilani’s Work Integrated Learning Programmes (WILP) division, to help upskill some of their specific professionals in Data Analytics.

Airbus, a global pioneer in the aerospace industry, is a leader in designing, manufacturing and delivering aerospace products, services and solutions to customers on a worldwide scale. For more than 50 years now, technology and know-how from Airbus have helped catalyse the growth of India’s civil aviation sector. WILP too has been a pioneering and integral division of BITS Pilani for nearly four decades now, and aims to help working professionals enhance their knowledge and skills primarily in science, technology, engineering, and technology management, among other fields, while continuing to work for their respective organizations.

Considering the current and future trends of the Aerospace sector and the need to further upskill some of its professionals in Data Analytics to help address such trends and beyond, Airbus saw significant value in collaborating with WILP through their M.Tech in Software Systems programme with specialization in Data Analytics.

Data Analytics in aviation sector

Data Analytics can help enhance fleet reliability, reduce delays, ensure higher safety for passengers by mitigating the risk of safety incidents. Analytics helps businesses achieve true collaboration among different stakeholders through effective communication and lead the way to smarter operations. So, whether it is maintenance, repair, or overhaul, Data Analytics can also help improve efficiency significantly.

About M.Tech in Software Systems | How the programme aims to benefit

M.Tech Software Systems helps enable the working professionals to specialise in various new age technology areas and some of the fastest growing domains like Data Analytics, Internet of Things, Embedded Systems, Security, Networks and Cloud. In particular, the professionals who earn a specialisation in Data Analytics will learn how to apply principles behind modern Data Analytics techniques; apply statistical and machine learning methods to real data; evaluate their performance and communicate the results effectively; and build expertise in advanced Artificial Intelligence topics, such as Deep Learning and Natural Language Processing.

Sharing his thoughts, Suraj Chettri, Regional Director, Human Resources, Airbus India and South Asia, said, “At Airbus, our employees are empowered to craft their development journey in line with their aspirations. This development can happen with the help of a well-curated learning path especially designed considering the rapid growth and the demands of the industry. Higher education is an important element in this learning path, which enables an employee to upskill and stay on top of the changing trends in technology. Our partnership with BITS Pilani will provide a holistic learning experience and self development opportunities to our employees.”

Elaborating about the collaboration, Prof. G. Sundar, Director, Off-Campus Programmes & Industry Engagement, BITS Pilani, said, “These are eventful times for the Indian aerospace sector, in the growth and development of which, Airbus has played an important role for over five decades as an aircraft supplier. BITS Pilani is excited to collaborate with Airbus to provide higher education to some of its employees through its Work Integrated Learning Programmes (WILP) division. The breadth and rigour of the programme will aim to fulfill the aspirations of those employees, while the customization will help address some of the organization’s goals in this constantly evolving technology sector.”