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Business

Colliers India facilitates significant land deal spanning 1.6 acres in Bengaluru’s Sarjapur for Concorde Group

Jun 28, 2024 by Sujata Muguda 0 Comments #a leading Bengaluru-based real estate developer, #BENGALURU, #Bengaluru’s Sarjapur for Concorde Group, #BKH units, #Chairman, #Colliers India, #Concorde, #Nesara B S

Bengaluru, India, 28 June 2024: Concorde, a leading Bengaluru-based real estate developer has acquired a prime 1.6-acre land parcel located on Sarjapur Road, Bengaluru. Set to be a premium residential complex, this joint development will have a gross development value (GDV) of ₹200 crores. The strategic acquisition was facilitated by well-known real estate consulting firm, Colliers India, and marks a significant milestone for Concorde as it continues to expand its footprint in the city.

The Colliers team was instrumental in conducting a market analysis that assisted in identifying a suitable space that aligned with Concorde’s business objectives and vision. The leading real estate consulting firm held strategic rounds of negotiation with all parties involved to arrive at a deal structure that served the best interests of the landowner and developer.

The proposed project will comprise 2 & 3 BKH units, spread over a high-rise tower of ~2.25 lakh sq.ft. Its strategic location on the Sarjapur main road ensures excellent connectivity and convenience for residents. The upcoming project will feature smart and tech-enabled elements for enhanced security and energy conservation through home automation. Additionally, it will include an Evolve signature clubhouse with world-class amenities, adhering to Concorde’s SMART philosophy.

Commenting on the initiative, Nesara B S, Chairman, Concorde said, “We are thrilled to bring another landmark development to Sarjapur Road. This acquisition reinforces our commitment to delivering innovative and high-quality living spaces that meet the evolving needs of modern homebuyers in strategic locations. With the support of Colliers India, we were able to structure a deal that benefits both the landowners and our development goals.”

“Concorde is building homes of the future with projects that boast modern architecture and tech-infused features, and our team is proud to have facilitated this transaction. By formulating the correct structure, we were able to meet the business requirements of the developer and landlord. With our strong industry relations and long-standing ability to deliver bespoke solutions, we consistently drive success for our clients and the overall real estate sector.” added Piyush Gupta, Managing Director, Capital Markets & Investment Services, Colliers India.

Sarjapur Road boasts excellent connectivity to key IT hubs such as Whitefield, Electronic City, Outer Ring Road, Marathahalli, and Koramangala. The area’s infrastructure is set to improve further with the completion of Namma Metro’s phases two and five, and the proposed 74km Peripheral Road. This region has experienced the highest growth in connectivity, making it an ideal location for residential and commercial development.

News

Wipro GE Healthcare Announces Investment of Over INR8000 Crores in Manufacturing Output & Local R&D Over Next 5 Years

Mar 28, 2024 by Praveen 0 Comments #BENGALURU, #Chairman, #Wipro GE Healthcare, #zim Premji

Bengaluru ,March,2024: Wipro GE Healthcare, a leading global medical technology, pharmaceutical diagnostics, and digital solutions innovator, today announced an investment of over INR8000 Crores in manufacturing output & local R&D over next 5 years. Poised for exponential growth, MedTech, the Sunrise Sector is thriving with the hospital industry in India, accounting for 80% of the total healthcare market and witnessing strong investor demand locally and globally. This strategic investment bolsters Wipro GE Healthcare’s local manufacturing footprint to address the growing domestic and international market and will build supply chain resiliency for the organization. As a part of this investment, the Wipro GE Healthcare ‘Made in India’ PET CT Discovery IQ will be exported to 15 countries. Additionally, the ‘Made in India’ Revolution Aspire CT, Revolution ACT and MR breast coils will be manufactured ‘In India for the World’.

Wipro GE Healthcare Announces Investment of Over INR8000 Crores in Manufacturing Output & Local R&D Over Next 5 Years

India is among the top 20 global markets for medical devices in the world. Wipro GE Healthcare is among the first MedTech companies to ‘Make in India – for India and the world’ over past three decades, investing upwards of over $4Billion in R&D and manufacturing output in India since inception. Over the decades, the organization has fostered a strong local supplier ecosystem of MedTech component manufacturing – covering capabilities like plastics, EMS, machining, castings, 3D printing – contributing $1M supplier Labor hours. The investment will include creation of additional 400,000 labor hours.

Azim Premji, Chairman, Wipro GE Healthcare, Chairman, Wipro Enterprises and Chairman Azim Premji Foundation, said, “India is riding the resurgent growth in the healthcare industry and rapidly expanding MedTech sector. With ‘Make in India’, we are witnessing an exponential expansion of manufacturing footprint in the country, strengthening India’s capability as the MedTech hub of the world. Wipro GE Healthcare has been committed to this localization journey for over three decades and this strategic investment is testament to our vision for this sector.”

Peter J. Arduini, President and CEO, GE HealthCare said, “India is a high potential, high priority market for GE HealthCare globally. In fact, we are among the first MedTech companies to ‘Make in India – for India and the World’. We will continue to invest in expanding India’s domestic capabilities and its global footprint in MedTech manufacturing and R&D. Today’s announcement is aligned with our strategic vision to deliver precision innovation globally and accelerate India’s position as ‘MedTech innovation and manufacturing hub for India and for world markets.”

Chaitanya Sarawate, Managing Director, Wipro GE Healthcare and President & CEO, GE HealthCare South Asia said, “Innovating in India and Making in India – for India and for the World, has always been a priority for us, evident in our trajectory and investments over past three decades. We have fostered a strong innovation track record, a local supplier ecosystem and built a portfolio of world class products in India, for India and the world. As a local partner we are bullish about India’s potential and its journey to be ‘Atmanirbhar’ and a key cog in the resilient global supply chain. As India envisions to be among top five global manufacturing hubs in terms of value and technology for Medical Devices in the coming years, we are committed to the national healthcare agenda.”

Currently, the organization has four manufacturing plants in Bengaluru. All four manufacturing plants are export plants – the latest one established in March 2022 with an investment of a little over INR100 crore under the Indian government’s PLI Scheme.

GE HealthCare is among the first healthcare companies to start an R&D center in India over three decades back. The Healthcare Technology Center India (HTCI) is GE HealthCare’s largest R&D center outside of the USA, situated in John F. Welch Technology Centre (JFWTC), Bengaluru. The organization also has collaborations with leading academic institutions in the country to further research. In January 2024, GE HealthCare signed an MoU with Indian Institute of Science (IISc) to advance MedTech innovation from India – for India and the world.

News

Foreign Engineering students will be part of future events of eBAJA SAEINDIA: Sanjay Nibandhe, Chairman, Organising Committee, BAHA SAEINDIA 2024

Hyderabad, March 06, 2024……eBAJA is a national-level engineering student out-of-classroom education event with 70 plus electric buggies to promote Telangana state lowering Carbon Footprint said Sanjay Nibandhe, Chairman, Organising Committee, BAJA SAEINDIA 2024, while addressing a press conference at BVRIT Campus, Narsapur in the city outskirts on Wednesday.

We organise events in 4 categories which include mBAJA, which is a mechanical engineering event; hBAJA which was introduced this year aims to upgrade the level of BAJA SAEINDIA competition in line with the new advancements in the field of vehicle technologies, he added.

Telugu states team is one of the three teams, Sri Vishnu Institute of Technology, participated in hBAJA, which is about Hydrogen Vehicles. This event held in Janbaury. A hydrogen vehicle is an alternative fuel vehicle that uses hydrogen as its onboard fuel. This category we introduced first time this year he said. It is a matter of great pride of Telugus as all girls college Sri Vishnu Institute of Technology developed all terrain buggie using Hydrogen technology, which they displayed to the whole nation in an event held in January this year.

The other two categories are eBAJA, which is about electric vehicles and aBaja is about autonomous vehicles. This category is introduced this year. This category opens avenues for students to explore the next generation of mobility by manufacturing fully autonomous vehicles. All these events are conducted at various locations to make industry-ready automobile engineers said Sanjay, who later unveiled a terrain single-seater e-buggy, designed, and developed by all women engineering students of Mechanical, Electrical, and Automobile stream of Sri Vishnu Institute of Technology, Bhimavarm.

The objective of these events is to give engineering students an out-of-classroom learning experience and produce industry-ready engineers, he said.

295 colleges are associated with SAEINDIA 2024, he said.

SAEINDIA 2024 will showcase 70 electric buggies, each one made by students spending anywhere in the range of Rs 4 lakh to 12 lakh. The winners of the final round to be held on walk away with Rs 8 lakh cash prize.

Mr Hirotake Harada, Senior Vice President of Engineering of Renault Nissan Tech said BAJA SAEINDIA 2024 across all four categories has 3528 males and just 700 women participating. The ratio of male to female participants is 5:1. This has to be changed. He suggested that changes have to be made to the BAJA SAEINDIA 2024 rule book and registration guidelines to make the competition more inclusive.

BAJA SAEINDIA and Renault Nissan Tech are jointly working to improve diversity. Deepti Singh, DGM Renault Nissan Tech, was appointed as Diversity Ambassador. We are aiming to improve the gender ratio from 17% to 50% in the coming future.

Yogesh Nagendiran said six teams from two Telugu states are participating in BAJA SAEINDIA 2024. This year additionally six more teams are participating. The event has a representation of all the states in India.

Acham Trehan, State Head of AP and Telangana of BPCL (Bharat Petroleum Corporation Ltd said they have appointed Niraj Chopra as their ambassador to promote their speed brand of high-performance fuel.

K. Aditya Vissam, Secretary of Sri Vishnu Educational Society and KV Vishnu Raju, Chairman gave a video message.

A HR Meet will be held towards the end of the event. 12 companies are expected to recruit the students. Last year 142 students were placed through such a meet and 529 were placed between the years 2018 and 2023.

Business

Retail’s Brightest Minds Convene at Retail Leadership Summit 2024 to Forge Future Pathways

Mar 4, 2024 by Mansi Praharaj 0 Comments #Abhishek Bansal, #Amazon (US and India), #Amazon (US and India) and Vivek Somareddy, #ANAROCK, #Anujj Puri, #APAC International Stores, #Ashwin Khasgiwala, #Avjit Mitra, #Avnish Anand - CaratLane; Avnish Kumar, #Being Human Clothing; Sanjay Vakharia, #bigbasket, #bigbasket; Johnson Verghese, #Bijou Kurien, #Celio Future Fashion; Gautam Saraogi, #CEO, #CEO & Co-Founder, #CEO of the Middle East Council of Shopping Centres (MECSC) and the International Council of Shopping Centres (ICSC), #Chairman, #Co-founder & CEO, #Croma, #Darpan Mehta, #David Macadam, #Dhiraj Agarwal, #Dhishoom Cinemas., #Director, #Emerging Markets, #Executive Director, #Forum Malls; Rajneesh Mahajan, #Fossil India; Nissan Joseph, #Founder & MD, #Go Fashion (India) Ltd (Go Colors);, #Hari Menon, #Infiniti Retail; Hari Menon, #Inorbit Mall; Sagar Daryani, #Inorbit Malls and Shibu Phillips, #International Council of Shopping Centres (ICSC), #Lalit Agarwal, #Lalit Agarwal - V-Mart Retail; Sagar Daryani, #Lulu group. While on the brands side were Manish Kapoor, #MD & CEO, #Metro Brands; Rajneesh Mahajan, #Middle East Council of Shopping Centres (MECSC), #Neeru's; Sanjay Vakharia, #Nexus Malls; Muhammed Ali, #Pacific Group; Dalip Sehgal, #Parul Gulati, #Pepe Jeans; Rajesh Jain, #Rajesh Jain, #Reliance Retail Limited, #Retailers Association of India (RAI), #Seller Experience and Global Trade, #Shopping Malls, #Sports & Leisure Apparel (Lacoste India), #Sports & Leisure Apparel Ltd; Sanjeev Rao, #Spykar Lifestyles;, #Spykar; P Jayakumar - Apollo Pharmacy; Rajiv Nair - Kaya Ltd; Samir Srivastav- Looks Salon; Satyen Momaya, #Trent, #Tushar Dhingra, #V-Mart Retail, #VP, #Wow! Momo Foods, #Wow! Momo Foods; Venkatesalu P

March 4, 2024, Mumbai: The Retail Leadership Summit 2024 (RLS 2024), organised by the Retailers Association of India (RAI), took place on February 28 and 29 at the Hotel Westin Powai Lake, Mumbai. This annual event brings together the brightest minds in retail to explore forward-thinking strategies within the industry.

Retail's Brightest Minds Convene at Retail Leadership Summit 2024 to Forge Future Pathways 2

Welcoming the audience at RLS 2024, Kumar Rajagopalan, Chief Executive Officer, Retailers Association of India (RAI), said, “In 2023, the retail industry witnessed a tale of two halves: robust growth initially, followed by a plateau. This reflects the criticality of aligning with market dynamics and consumer needs. We’re observing a transformative shift, with retailers blending digital and physical experiences to create seamless consumer journeys. The key to future success lies in harnessing the power of omnichannel strategies and understanding the evolving consumer preference for convenience and trust. As we move forward, embracing innovation and agile responses to market trends will be pivotal in shaping the retail landscape.”

Setting the tone for the summit, Bijou Kurien, Chairman, Retailers Association of India (RAI), expressed, “The retail industry in India is poised for significant growth in the year ahead. Driven by an 8%+ growth in GDP in Q3 FY’24 and based on steady investment by the Government and Private sector, consumption is bound to grow. The combination of online commerce coupled with offline expansion, driven by a more technology savvy consumer with greater aspirations would herald significant changes in retail structure, and channel strategy. Retailers and brands are gearing up for aggressive growth, particularly eyeing tier 2 cities for deeper market penetration. This strategic focus not only indicates a broadening of access for consumers but also signifies a shift towards tapping into the burgeoning demand in emerging urban centres. This optimistic outlook underscores the sector’s resilience and its pivotal role in the broader economic landscape of India.”

Highlights of RLS 2024 included presentations and knowledge reports by RAI-Boston Consulting Group report titled ‘Unlocking the $2Tn retail opportunity by 2030: An activist agenda’, RAI-Deloitte report titled ‘Future of Retail: Profitable Growth through Technology and AI’, RAI-KPMG report titled ‘Achieving seamless commerce in India’ and PWC report titled ‘How India shops online: Consumer preferences in the metropolises and tier-1, 2, 3, 4 cities’. Furthermore, Best Retail Workplaces 2024 report by RAI – Great Place To Work was unveiled and the respective teams were felicitated.

The Summit saw the participation retail leaders, as well as top names in the retail service provider space. Retail stalwarts speaking at the summit included Hari Menon, CEO & Co-Founder, bigbasket, Lalit Agarwal – V-Mart Retail; Sagar Daryani, Co-Founder & CEO, Wow! Momo Foods, Avnish Anand – CaratLane; Avnish Kumar, Director, Neeru’s; Sanjay Vakharia, CEO, Spykar; P Jayakumar – Apollo Pharmacy; Rajiv Nair – Kaya Ltd; Samir Srivastav- Looks Salon; Satyen Momaya, CEO, Celio Future Fashion; Gautam Saraogi, CEO, Go Fashion (India) Ltd (Go Colors); among many others.

Speaking during the panel discussion on RLS 2024, Lalit Agarwal, Founder & MD, V-Mart Retail, discussed creating experiences in retail that resonate deeply with customers, especially budget-conscious customers, to make them feel smart and stylish within their means. He emphasised on emotional connection through personalised service and storytelling, making customers feel valued and understood. Lalit Agarwal advocates for building strong brand connections that extend beyond the store, through all interactions, including advertisements. This approach aims to turn customers into authentic influencers, leveraging word-of-mouth for brand promotion. The key is continuous engagement and storytelling, which ensures customer loyalty and organic growth.

Noting the importance of strategy differences across retail categories, Rajesh Jain, MD & CEO, Sports & Leisure Apparel (Lacoste India), highlighted the approach in the premium fashion segment, emphasising a uniform customer experience across online and offline channels without price differentiation except during season-end sales. He said that this strategy aims to cultivate customer habits and preferences for purchasing channels, whether for convenience online or the experience in-store. By maintaining consistent pricing and service, customers understand the brand’s value proposition, reducing their expectation for discounts and fostering brand loyalty.

Furthermore, Darpan Mehta, Director Tax, APAC International Stores, Amazon (US and India) and Vivek Somareddy, VP, Emerging Markets, Seller Experience and Global Trade, Amazon (US and India) made a presentation on “Unlocking Mechanisms and Working Capital for Business Expansion”.

Additionally, the second day of RLS 2024 featured a keynote speech by David Macadam, CEO of the Middle East Council of Shopping Centres (MECSC) and the International Council of Shopping Centres (ICSC). This was succeeded by a dynamic panel discussion titled ‘Mahasangram: Retail and Retail Real Estate,’ bringing together prominent figures from both retail real estate and retail industries for an engaging exchange of ideas.

Mall Developers participating in the discussion were Abhishek Bansal, Executive Director, Pacific Group; Dalip Sehgal, CEO, Nexus Malls; Muhammed Ali, CEO, Forum Malls; Rajneesh Mahajan, CEO, Inorbit Malls and Shibu Phillips, Director, Shopping Malls, Lulu group. While on the brands side were Manish Kapoor, MD & CEO, Pepe Jeans; Rajesh Jain, MD & CEO, Sports & Leisure Apparel Ltd; Sanjeev Rao, CEO, Being Human Clothing; Sanjay Vakharia, CEO, Spykar Lifestyles; and Tushar Dhingra, Co-founder & CEO, Dhishoom Cinemas.

In his keynote address at the summit before the Mahasangram Session, David Macadam, CEO, Middle East Council of Shopping Centres (MECSC), International Council of Shopping Centres (ICSC), shared insights on the evolution of experiential retail and e-commerce. He discussed the challenges and opportunities within the retail industry, emphasizing the importance of adapting to consumer demands for experiential and sustainable shopping experiences. Macadam highlighted the significant role of AI and technology in retail, the impact of mixed-use developments, and strategies for business development. He advocated for embracing change, prioritizing customer experience, and leveraging strategic partnerships to navigate the retail landscape successfully.

Retail's Brightest Minds Convene at Retail Leadership Summit 2024 to Forge Future Pathways 3

Day 2 of RLS 2024 also had a dedicated D2C segment that saw participation of leaders of top D2C brands namely, Dhiraj Agarwal, Founder, Campus Sutra; Sneh Jain, Managing Director, The Baker’s Dozen; Harsh Lal, Co-Founder, The Souled Store. A scintillating Fireside chat with Parul Gulati, Actor & Founder of Nish Hair (featured on Shark Tank India). This segment explored the unconventional strategies that has enable these brands to achieve immense success in a short frame of time.

Parallelly to RLS 2024 was an extensive session of ‘Retail Store Design’ that saw participation of top retailers and brands deliberating on topics such as ‘Future of Retail Design: Exploring Emerging Trends and Technologies’, ‘Balancing Design and Functionality in Retail Spaces’, a captivating Fireside Chat and a Masterclass on ‘The art of curating memorable and meaning customer journey’.

The advisory board of RLS 2024 includes Anujj Puri, ANAROCK, Ashwin Khasgiwala, Reliance Retail Limited; Avjit Mitra, Croma, Infiniti Retail; Hari Menon, bigbasket; Johnson Verghese, Fossil India; Nissan Joseph, Metro Brands; Rajneesh Mahajan, Inorbit Mall; Sagar Daryani, Wow! Momo Foods; Venkatesalu P, Trent.

The first day of RLS 2024 came to a close with the grand felicitation of the crème de la crème of the retail industry with India’s Retail Champions Award 2024 and the Retail Start-up Awards 2024, both evaluated by eminent personalities from the industry as the Jury.

Winners of India’s Retail Champions Awards 2024 were:

Categories	Name of the Company	Name of the Brand
Apparel & Lifestyle	The Souled Store	The Souled Store
Apparel & Lifestyle	Raymond Lifestyle	Ethnix
Apparel & Lifestyle	Spykar Lifestyle Pvt Ltd	Spykar
Apparel & Lifestyle	Brand Concepts Ltd	BAGLINE, House of Luxury Bags
Beauty	Himalaya Wellness Company	Himalaya Wellness
Wellness	Wellness Forever	Wellness Forever
Wellness	Apollo Pharmacy Limited	Apollo Pharmacy
Consumer Durables & IT (CDIT)	Vijay Sales (India) Private Limited	Vijay Sales
Consumer Durables & IT (CDIT)	Infiniti Retail Ltd	Croma
D2C	Cleardekho Eyewear Pvt Ltd	ClearDekho
Department store	Shoppers Stop Limited	Shoppers Stop
Food & General Retail (Large format over 5,000 sq. ft)	LULU Group International	LULU HYPER MARKET
Food & General Retail (Small format below 5,000 sq. ft)	Reliance Retail Limited	Reliance Fresh Signature
Footwear	Metro brands Ltd	Footwear
Footwear	Liberty shoes Ltd.	Footwear
Home Decor / Home Improvement	Godrej & Boyce Mfg Co Ltd	Godrej Interio
Jewellery	Reliance Jewels (Reliance Retail)	Reliance Jewels
Restaurant & QSR	Apsara Ice Creams LLP	Apsara Ice Creams
Restaurant & QSR	Dindigul Thalappakatti	Dindigul Thalappakatti
Speciality Retail	Ample Technologies Private Limited	Monobrand Stoes of Apple, ASICS, UA and Bose. Apple Store brand name “Imagine”
Success Story of 2024	Trent	Zudio

Business

Mr. HP Singh, Chairman and Managing Director of Satin Creditcare Network Limited, gets appointed as the Chairman of Sa-Dhan

Jun 18, 2022 by Agency 0 Comments #Chairman, #Mr. HP Singh, #Sa-Dhan, #Satin Creditcare Network Limited

Sa-Dhan, India’s largest and oldest association of community development finance institutions, has elected Mr. HP Singh, the chairman and MD of Satin Creditcare Network Limited (SCNL) (NSE: SATIN, BSE: 539404) as the chairman. The announcement was made earlier today. Mr. Singh has been a veteran of microfinance institutions in India for over three decades now and has been serving as the Co-Chair of Sa-Dhan up until now.

Having established one of India’s leading microfinance institutions, Mr. HP Singh has also been one of the founding members of MFIN. With an experience of more than 30 years, Mr. HP Singh has guided Satin Creditcare Network Limited to an AUM of Rs. 7617 crores (as of 31st March 2022) and established a pan India presence across more than 90,000 villages with 1,224 branches. Through his expertise, he has curated a diversified suite of products at SCNL to serve the under-privileged families of the society and positively impacted the lives of around 3 million families. SNCL focuses majorly on providing credit access to women led MSMEs in rural areas.

Sa-Dhan, a Self-Regulatory Organization (SRO), has been a revolutionary platform providing aid to its members and associate institutions to better serve the people below the poverty line by giving credit access. One of their main focus has been to uplift the women entrepreneurs in rural and urban areas of India. With its diverse legal forms and operating model, Sa-Dhan has achieved a loan outstanding of more than Rs. 1,19,377 crores across over 90% districts and has successfully touched the lives of approx. 44 million people.

Commenting on this, Mr. HP Singh, Chairman and MD of Satin Creditcare Network Limited, said, “I am honoured to have been elected as the chairman of Sa-Dhan. This is a very proud moment for me. I have been associated with Sa-Dhan for quite some time now and I truly believe that the work they have been doing within the MFIs sector has been crucial. Their facilitation of policy regimes and initiatives to promote responsible financing has helped the MFIs in India to continue serving low-income households. I am committed to taking Sa-Dhan’s work forward as we continue to empower the marginalized communities, improve the quality of life of rural households in India, establish a stable livelihood as a norm and change the financial game of the rural and semi-urban areas.”

Mr. Jiji Mammen, Executive Director & Chief Executive Officer, Sa-Dhan, said, “I am delighted to have Mr. HP Singh as the new Chairman of Sa-Dhan for the next two years. Under his stewardship, I am sure, Sa-Dhan will carry forward the legacy of inclusive growth and achieve its core values in a more meaningful manner. As the microfinance industry is at the cusp of a rejuvenating journey, I believe that Sa-Dhan under the leadership of Mr. Singh can guide the sector more effectively.”

Business

Nagpur Edition of Lokmat celebrates its Golden Jubilee year

Dec 16, 2021 by Rekha Nair 0 Comments #Chairman, #Shri Vijay Darda, #The Lokmat Media Group said

The Nagpur edition of the iconic Lokmat newspaper is celebrating its golden jubilee year. Celebrated for its groundbreaking journalism and tireless contributions to the Indian news ecosystem, the Lokmat group has played an influential role in the Indian growth story. The strength of the Lokmat group lies in the fact that they have a strong presence, not just at a larger state level but also a very strong connection regionally through its city editions. The network has a direct impact on people’s lives through its dedicated editions in all major cities.

Shri Vijay Darda, Chairman, The Lokmat Media Group said, “We are overjoyed to be witnessing this extraordinary day. 50 years is a lot in terms of time but what we are truly celebrating is the passion, dedication and excellence that Lokmat Nagpur has created in this journey. We are proud of how far we have come and we are excited for the future.”

Shri Vijay Darda, Chairman, The Lokmat Media Group said, “As I reflect upon this five-decade long legacy of Lokmat Nagpur, I am inspired by the devotion that has gone into making Lokmat not just a newspaper but a platform. A platform committed to being the voice of the people and constantly standing up for what is right. On this remarkable occasion, the group celebrates the relentless efforts and unwavering dedication of every individual that is involved in their journey of taking high-quality journalism to the masses and amplifying the voice of the people over the years.”

Today, Lokmat Media Group is a prominent multimedia platform media organisation with interests in publishing, broadcast, digital channels (Lokmat News, Lokmat Sakhi, Lokmat Bhakti, Lokmat Filmy) community, and sports. Lokmat’s experiential marketing division – Taplight organizes various annual properties like ‘Lokmat Maharashtrian of the Year’, ‘Lokmat Most Stylish’, ‘Lokmat Women Summit’, ‘Lokmat Infra Conclave’, ‘Lokmat Digital Influencer Awards’, ‘Lokmat Sarpanch Awards’, ‘Lokmat Parliamentary Awards’ etc. which are the benchmarks in their respective categories. It employs about 3,000 people and has a network of offices spread across India. With a combined readership of 2.56 Cr, the Lokmat Media Group publishes India’s No. 1 Marathi daily Lokmat, Lokmat Samachar, and Lokmat Times (source: All India, Total readership, IRS 2019, Q4).

The group extends its gratitude to the numerous individuals who have dedicated their life to serving the greater good. While 50 years is an impressive milestone, it is only one of the many in the long term story of the glorious legacy that the group aspires to create.

Health

QRG Super Speciality Hospital Joins Marengo Asia Healthcare. The Multi-Speciality Hospital Platform Grows To 1000+ Beds Within a Month

Nov 30, 2021 by Rekha Nair 0 Comments #Chairman, #Dr. Raajiv Singhal, #Founding Member and Managing Director, #Marengo Asia Healthcare, #Mr Anil Rai Gupta, #QRG group

QRG Super speciality Hospital, based in Faridabad in Delhi-NCR, has joined Marengo Asia Healthcare platform as part of its quest to be a pan-India player. Samara Capital, QRG Family Investment Office and Godrej Family Investment Office have invested together to form Marengo Asia Healthcare, a platform with a vision to emerge as one of the leading Indian multispecialty hospital chains, which shall stand for patient first approach and clinical excellence.

Mr Anil Rai Gupta, Chairman, QRG group, in a formal address to the employees of QRG Super Specialty Hospital, outlined the vision of transparency, patient care and affordable healthcare as key tenets which will be enshrined in future growth and expansion of the hospital.

Established in 2016, QRG Super Speciality Hospital is a 550+ bed multi super-specialty hospital located in Faridabad, mainly catering to patients coming from Delhi NCR, Haryana, Punjab, and Uttar Pradesh. QRG Super Speciality Hospital has the best of infrastructure, latest technologies and medical equipment, senior doctors, empanelment for cashless treatment and well-trained healthcare staff. It also has a dedicated floor, specially for international patients and caters to patients from around the world including Iraq, Bangladesh, Africa, Oman, Saudi Arabia and CIS countries to name a few.

Within one month of its launch, Marengo Asia Healthcare has rapidly grown to a bed strength of 1000+ with its investments in CIMS Hospital, Ahmedabad, and QRG Super Speciality Hospital, Delhi NCR. The platform now has 3000+ employee base including 600+ doctors.

Dr. Raajiv Singhal, Founding Member and Managing Director, Marengo Asia Healthcare, said: “We are delighted to introduce QRG Super Speciality Hospital to the Marengo Asia Healthcare platform. QRG Hospital has state-of-the-art infrastructure and world-class clinical talent. Its values closely align with our endeavour to create a pan-India platform with a ‘Patient First’ approach. Marengo Asia Healthcare aims to grow sustainably by developing clinical Centres of Excellence across specialities in order to give the best clinical outcomes to our patients.”

As part of hub-and-spoke model, QRG hospital will act as a hub for North India. There will also be enhanced cooperation between CIMS Hospital and QRG Hospital to establish and promote best practices and create Centres of Excellence (COEs) across medical specialities.

Business

Association of CGD Entities appoints Sh. Atanu Chakraborty as Chairman

Sep 22, 2021 by Rekha Nair 0 Comments #ACE, #Chairman, #Sh. Atanu Chakraborty

New Delhi: Association of CGD Entities (ACE), a not-for-profit company established under the Companies Act to promote the development of the City Gas Distribution (CGD) sector in the country, announced the appointment of Sh. Atanu Chakraborty as its Chairman and independent director for a tenure of 3 years.

Sh. Atanu Chakraborty, a 1985 Batch IAS officer from Gujarat Cadre brings with him rich and diverse experience in the areas of Finance & Economic Policy, Infrastructure, Petroleum & Natural Gas and other key areas of impacting the economy. He has served for the Government of India in various capacities during his distinguished career spanning more than 35 years. He retired from the services in April 2020, as Secretary, Department of Economic Affairs, Ministry of Finance and is currently Chairman and independent director in HDFC Bank. He has earlier served as Secretary, Department of Investment and Public Asset Management (DIPAM) in the Ministry of Finance, and as Director General of Hydrocarbon in the Ministry of Petroleum and Natural Gas. In Gujarat he served as CEO of GSFC Ltd., Vadodara as well as headed GSPC group of companies.

Association of CGD Entities (ACE) has been incorporated on December 30, 2020, having Registered office in Delhi, as a Not-for-Profit Company under Section 8 of the Companies Act, 2013. The founding members are Adani Total Gas Limited, AGP City Gas Private Limited, THINK Gas Distribution Private Limited, Torrent Gas Private Limited and Unison Enviro Private Limited. Key objectives of ACE include promoting awareness about the latest developments in the CGD industry to disseminate knowledge with CGD industries in India and the general public and sensitize Government, regulator and other key stakeholders regarding imperatives for increasing share of natural gas in the City Gas Distribution (CGD) areas.

Sh. Chakraborty graduated as a Bachelor in Engineering (Electronics & Communication) from NIT Kurukshetra and holds a Master’s degree in Business Administration (MBA) from the University of Hull, UK.

Business, Technology

KENT Launches Smart Wi-Fi Camera HomeCam 360

Sep 18, 2021 by Rekha Nair 0 Comments #Chairman, #Director, #Dr. Mahesh Gupta, #KENT HomeCam, #Kent RO Systems Ltd., #Mr. Varun Gupta

New Delhi: KENT never fails to impress its customers by offering cutting-edge technology products. Keeping up with its spirit, it has added a new product to its IoT portfolio by launching KENT CamEye HomeCam 360. It is one of the best Made in India Wi-Fi cameras and is designed to take the safety of your home and family to next level.

KENT RO Systems Limited, India’s most trusted water purifier brand, made its foray into the security and safety camera market in 2019 with the launch of a new division, i.e. KENT Cam Technologies. After bringing KENT CamEye CarCam – a first-of-its-kind car security device aimed at providing safety to passengers and KENT CamAttendance – focused on providing touchless face attendance system, to the market, KENT has been continuously adding new products to its security and Artificial Intelligence (AI) portfolio in India. The latest and one of the most exciting additions is the KENT CamEye HomeCam 360. It is the brand’s second security camera and is a Home surveillance camera for consumers looking at an affordable and reliable security solution.

Researched, designed, and developed in India, this home camera is also manufactured in the country. All the servers and data reside securely within the country itself. It is one of the few cameras in the market to support video recording on cloud. This ensures that you have access to video recording anytime and from anywhere in the world, even if the camera gets stolen or destroyed.

KENT CamEye HomeCam 360 packs AI-powered motion detection and tracking along with human detection and 360º panoramic vision with pan & tilt. Other features include night vision with IR LEDs, live video streaming with 2-way calling, cloud recording, privacy mode, continuous or event-based recording, offline mode recording, intruder alarm, intuitive app, multiple mounting options, and many more.

Commenting on the new KENT HomeCam, Dr. Mahesh Gupta, Chairman, Kent RO Systems Ltd. said, “KENT CamEye HomeCam is consistent with today’s fast-paced life and security needs of Indian consumers. The device ensures the safety of both your home and family. This new product is in sync with our aim to ensure the well-being and security of people. We believe that safety is needed at all levels and begins at home. We are confident and excited to bring to the market a much-needed product which boasts of its own set of USPs that are distinctive in the truest sense. We are very proud to offer a completely Made in India product with all the data & servers securely residing in India.”

The Key features of the KENT CamEye HomeCam 360 are:

360º Panoramic Vision with Pan & Tilt

It covers a wide range of horizontal and vertical area, ensuring there are no blind spots. It can pan or tilt using a Smartphone app and records videos in FHD (1080p) resolution.

Artificial Intelligence (AI) powered motion detection & tracking

The camera detects slightest of motion within your home and sends a notification instantly to your smartphone through the KENT CamEye app. It also follows the moving object and keeps on recording the movement. The home camera has an AI-based advanced capability that can be enabled to detect only human bodies , which allows you to let your pets roam freely around the house without getting unnecessary alerts.

Night vision with IR LEDs

The HomeCam watches over your home even during the night. The advanced IR sensor automatically activates on sensing low-light conditions and ensures high-quality video recording at all times.

Event-based Cloud Recording

One of the unique features of the camera is video recording on cloud, which you can access from anywhere up to 30 days. The secure cloud storage is tamper-proof and is available with affordable subscription plans.

Offline Mode Recording:

The Camera only needs internet at the time of setting-up. It continues to record in microSD Card even if there is no internet connectivity and pushes the recordings to cloud when internet connectivity resumes.

Support for Up to 128 GB microSD Card

What distinguishes it from other competitor products is the storage for up to 128 GB microSD Card. This allows you to store up to 60 days of continuous videos on the microSD Card.

Privacy Mode

There is a convenient way to send your camera into hibernation with pre-defined settings using KENT CamEye app and enjoy a day off at home without any disturbances. The Camera can also sense the geo-location and automatically activate privacy mode.

KENT HomeCam also possesses some industry-first features like 2-way calling via Alexa, optional encrypted recording on microSD Card and Intruder alarm. Sharing the device with multiple users is also possible and up to 3 people can live stream simultaneously from the same device.

Mr. Varun Gupta, Director, KENT RO Systems Ltd. said, “We are delighted to announce our second product in the security camera domain and provide consumers the service and quality they rightly deserve. The new home security product KENT CamEye Homecam 360 will give our users a sense of freedom, assurance, and safety that they’ve been looking for. Our aim is to bring unique and smart products to the Indian market at meaningful prices.”

The device is Made in India with all data and servers hosted in India. It is priced at INR 4,990/- which includes a simple DIY installation and one-year warranty. KENT CamEye HomeCam can be purchased from retail shops or can be bought online from Amazon.in or Flipkart.com.

Business, News

SAVA Healthcare appoints WATConsult as digital marketing partner for SAVA Herbals

Aug 23, 2021 by Rekha Nair 0 Comments #CEO, #Chairman, #Dr Sriram Padmanabhan, #Head – R&D, #Heeru Dingra, #SAVA Group, #SAVA Healthcare, #Vinod Ramchandra Jadhav, #WATConsult

Mumbai: Pune-based SAVA Healthcare has appointed WATConsult, the globally awarded hybrid digital agency from the house of dentsu India, as the digital marketing partner for its new herbal formulation business, ‘SAVA Herbals’. SAVA Healthcare is an Indian multinational and one of the fastest-growing pharmaceutical companies. Within a decade, the company has established a strong footprint globally as well as in India with its human and veterinary pharmaceuticals.

As per the mandate, WATConsult will oversee Social Media Management, Media Planning & Buying, Online Reputation Management and Search Engine Optimisation for the brand.

The key focus of the agency will be to drive the brand growth and complete execution of the strategies across all leading digital and social media platforms generating a high engagement rate and overall connection with the audience.

Speaking on the partnership, Vinod Ramchandra Jadhav, Chairman, SAVA Group said, “SAVA Healthcare has always believed in providing customers with the best quality pharmaceutical products. SAVA Herbals is an extension of the capabilities that we have built over the years in manufacturing herbal extracts of highest purity. We truly believe that our association with WATConsult will help us grow and set new benchmarks as we promote our brand’s philosophy of making life feel good.”

Dr Sriram Padmanabhan, Head – R&D, SAVA Healthcare added, “The products that are being launched by SAVA Herbals have been developed in-house and tested for clinical efficacy and safety in patients, which is very significant. WATConsult will help us spread this message and reach out to customers across.”

Commenting on the association, Heeru Dingra, CEO, WATConsult said, “Healthcare is of paramount importance especially in today’s times and so are companies like SAVA that intend to help improve people’s lives. Armed with a lot of new-age thinking and a digital-first approach, we are looking forward to helping the company further scale its efforts and accelerate business growth.”

Through SAVA Herbals, SAVA Healthcare will be launching clinically proven herbal product offerings across various therapy areas. The company has plans to launch more products in the next few months. These products will be available on www.savaherbals.com and all major e-commerce platforms.

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