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Showing posts from January, 2022

Unacademy Sets up First-of-its-Kind Grievance Redressal Council

Bangalore, Karnataka, India:    Unacademy Grievance Redressal Council (UGRC) to be Chaired by Dr. Rajan Saxena Access to UGRC to be open to all subscribers, learners accessing free content, and general users Internal redressal panel consists of members from various functions; headed by a Senior Executive Complaint categories under the purview of UGRC to include Educator conduct, content on the platform, and consumer grievances Unacademy, India’s largest learning platform*, today announced the formation of ‘ Unacademy Grievance Redressal Council’  (UGRC), a first of its kind initiative in the EdTech industry in India. The council will be chaired by  Dr. Rajan Saxena , a prominent academician and a retired Vice-Chancellor. UGRC will provide a three-tiered redressal system, with external independent oversight, and will be open to everyone, irrespective of whether they are paid subscribers, learners accessing Unacademy’s free content, or general users. The categories of complaints under th

Sixth Graduation Ceremony of Ajeenkya DY Patil University (ADYPU)

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Pune, Maharashtra, India:   The sixth graduation ceremony of Ajeenkya DY Patil University (ADYPU) was recently organised virtually. Dr. Ajeenkya D Y Patil, President of Ajeenkya DY Patil University and Hrridaysh Deshpande, Vice-Chancellor were present for the occasion.   Dr. Gregg L. Semenza, Nobel Prize winner for Medicine in 2019, delivered the convocation address at the ceremony.   Delivering the Convocation address, Dr. Gregg L. Semenza, the Nobel Prize Winner in Medicine for 2019 said, “that world needs leaders to recognise the climate crisis and be prepared to respond with the science and tech tools. The world needs young leaders who understand that the major challenges like the pandemic and climate crisis require a global response and international cooperation and I am optimistic that the younger generation will succeed with their firm resolve to make a difference.”   Ajeenkya DY Patil, President, ADYPU said, “that pandemic has been the most shared event in history.

NPCI Announces UPI Safety and Awareness Week & Month; To Focus on Safe Adoption of UPI Based Digital Payments

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Mumbai –31 January 2022: With an aim to create awareness amongst consumers, National Payments Corporation of India (NPCI) and the UPI ecosystem have announced the UPI Safety and Awareness initiative. NPCI  and the ecosystem comprising of leading banks and fintechs will observe February 1-7 as ‘UPI Safety and Awareness Week’ and the whole of February as ‘UPI Safety and Awareness Month’.  Under this programme, NPCI urges all the customers to follow the concept of UPI Safety Shield, which the company has derived to educate customers all about UPI payments. The UPI Safety and Awareness initiative will help vulnerable and first-time customers in overcoming their fears of adopting digital payments and guide them to pursue safe payments on the UPI platform. The safety awareness initiative which will run continuously shall pave the way to make India a less-cash society as per the vision of  Government of India and Reserve Bank of India. It will aid the journey of onboarding the next 300 Mn use

Tata Motors Q3 Results 2022

Tata Motors posted its results for the quarter ending December on January 31, 2022. The company reported a net loss of Rs. 1,516 crores, narrowing from losses of the September quarter which stood at Rs. 4,441 crores. This is, however, wider than the loss expected by many experts according to media reports. The company attributed the loss to  supply shortages and rising input costs, even though demand rose. The revenue from operations for Tata Motors was recorded at Rs. 72,229 crore, down 4% year on year (YoY) from ~Rs. 75,000 crores. But on a quarter on quarter (QoQ) basis, the revenue grew by 17%, from Rs. 61,378 crores. EBITDA came down by ~15.6 % YoY at Rs. 7,078 crores from Rs. 8,206 crores. Tata Motors  published negative EBIT of 1.7% and pre-tax loss (before exceptional items) of Rs. 800 crores in the third quarter. EV sales witnessed was at 5,592 units for the quarter, one of the highest ever for the company. JLR (Jaguar Land Rover) sales were recorded at 80,126 vehicles, down 3

Sony PIX Announces a Power-packed Line-up for Viewers in 2022!

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India:   Sony PIX, the destination for Hollywood blockbusters and premieres, doubles the fun and entertainment for its viewers this 2022. With an all-new partnership with Sony Pictures Entertainment (SPE) and continued support of Warner Brothers and NBC Universal, the channel is all set to soar the entertainment quotient with a power-packed line-up. The list includes best of superhero titles like Shazam, Spiderman, and Lord of The Rings to classic romantics like My Best Friend’s Wedding and Sleepless in Seattle, and spine-chilling horror series like Resident Evil and Insidious.    The channel’s constant innovation in terms of content has always garnered a great response from the viewers. A few properties that remained a success for the brand in 2021 were  Indian Television Premieres  giving viewers access to the latest titles,  PIX Triple treat  showcasing three movies of the same genre back-to-back,  Mega PIXathon  movie festival, and  Twice is Nice  airing two movies of t

TVS Motor Company Acquires Switzerland's Largest E-bike Player - Swiss E-Mobility Group AG (SEMG)

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Chennai :  TVS Motor Company  today announced the successful acquisition of a 75% stake in the Swiss E-Mobility Group (SEMG). The acquisition reaffirms TVS Motor Company’s commitment to expansion in Europe through a portfolio of premium and technology leading brands, including Norton Motorcycles and EGO Movement, which were recently acquired.   At the signing in ceremony Left to right: Sharad Mohan Mishra, TVSM, Sudarshan Venu, JMD, TVSM, Sir Ralf Speth, TVSM, Reto Waeffler - CEO SEMG & Rainer Fröhlich, Founder & Managing Partner, CONSTELLATION CAPITAL   SEMG is a market-leading provider of E-mobility solutions within the DACH region, operating the largest pure-play E-bike retail chain M-way in Switzerland with close to USD 100M in revenue. The company has a prestigious Swiss mobility brands portfolio, including Cilo, Simpel, Allegro, and Zenith – Bikes. By combining its extensive physical network and e-Commerce platform with two online platforms and 31 physical stores, SEMG is

Fastrack Expands Reflex Portfolio with Launch of its First Smartwatch

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Bangalore :  Fastrack , India’s leading and celebrated youth accessories brand started 2022 on a promising note and announced its endeavours to strengthen the Fastrack Reflex cluster in the Fash-Tech segment. Post the launch of two key marquee product offerings under Reflex Tunes the brand forays into the smartwatch category with the launch of its first smartwatch,  Fastrack Reflex VOX .   Fastrack Reflex VOX Smartwatch launched in four beautiful colours   Since its launch in 2017, Fastrack has presented cutting edge technology, trend setting designs and has received accolades for the smart wearable category products in India and with  Reflex VOX  Fastrack debuts in the Smartwatch category. The smartwatch features a rectangular 1.69” HD screen and has unique features like built-in Alexa, up to 10 days of battery life, 100+ watch faces and multi-sports mode.   With the increasing focus on the health and wellness, the Fastrack Reflex VOX features an array of trackers that enable the user

Google to invest up to $1 billion in Airtel

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India : Bharti Airtel (“Airtel”) , one of India’s premier communications solutions providers, and Google today announced that they will partner on a long-term, multi-year agreement to accelerate the growth of India’s digital ecosystem. Together, they will work to bring best-in-class end-to-end products to serve customer needs, provide quality customer experience, and bring their expertise to solve problems of affordability, access, and digital inclusion. As part of this partnership, Google intends to invest up to $1B, as part of its Google for India Digitization Fund, which includes equity investment as well as a corpus for potential commercial agreements, to be identified and agreed on mutually agreeable terms over the course of the next five years. This will comprise: A $700M equity investment in Bharti Airtel at a price per share of INR 734.   Up to $300M that will go towards implementing commercial agreements, which will include investments in scaling Airtel’s offering

EdelGive Foundation’s GROW Fund Announces its Cohort of 100 NGO Grantees

New Delhi, (Business Wire):   In a first-of-its-kind opportunity, 100 NGOs doing critical and credible social impact work across the nation have been selected to receive grants from the GROW Fund, which is anchored by EdelGive Foundation along with several reputed funding partners. Every NGO, chosen to be a part of the initiative’s cohort of 100, will receive INR 80 lakhs over two years to direct resources to building its capabilities, resilience, and future-readiness. With registrations from over 2300 organisations, the NGOs will be assisted with mentoring, networking and leadership building. It will also enable organisations to recover from the immediate challenges faced due to COVID-19 and sustaining operations by covering critical costs and promoting future readiness for long-term institutional well-being and sustainability. The 100 NGOs have been selected from 20 states of India and work across 9 key focus areas - Advocacy, Governance and Research, Climate, Ecology and Animal Welf

Toyota Kirloskar Motor Launches India’s Much-Awaited Lifestyle Utility Vehicle - The Hilux

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All-new lifestyle vehicle is powered by 2.8 L Four Cylinder Turbo-Diesel Engine & available in an option of 6-Speed Automatic or 6-Speed Manual Transmission  With world-class engineering, enhanced safety, advanced technology and best-in-class comfort, every day will be an adventure. Automatic Transmission (AT) variant provides segment-leading power of 204 hp & torque output of 500 Nm; Manual Transmission (MT) variants generate 204 hp and 420 Nm. All variants come with a 4X4 drivetrain enabling customers to engage in smooth off-roading  The lifestyle vehicle renowned for its ruggedness sports a bold look with a Muscular Bonnet Line & Piano black Trapezoidal Grille with thick chrome frame thereby lending a sophisticated feel. Further, it comes with striking 18-inches Alloy Wheels with Super Chrome Finish  Sharp Swept Back LED Headlights & LED Rear Combi-lamps with an iconic night-time signature complete the modern look of the lifestyle vehicle  Top safety feat

Everything X Everywhere: The New BMW X3 Launched in India

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Refreshed and robust appearance with new design elements. Modern interiors ensure luxury, practicality of space and ‘X-ness’. BMW xDrive all-wheel-drive system to conquer any terrain. Power-packed BMW TwinPower Turbo engine offers versatile agility and driving performance. The new BMW X3 has been launched in India today. The successful Sports Activity Vehicle (SAV), BMW X3 is now sportier and more modern with its comprehensive refreshed look, premium interior with new equipment features and updated infotainment. Available in locally produced two petrol variants, the new BMW X3 is now available at BMW dealerships from today onwards. The diesel variant will be launched later. Mr. Vikram Pawah, President, BMW Group India said, “The new evolved third generation BMW X3 is here to continue the model’s trailblazing success in the premium mid-size SAV segment. Refreshed design and driving performance make BMW X3 a luxurious and practical car that is agile on and off-road. You will

SNU Chennai lauches Ph.D. Programs in Engineering, Sciences, Humanities, and Commerce

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TamillNadu :   Shiv Nadar University Chennai, the third initiative in higher education by Shiv Nadar Foundation, announced the launch of Ph.D. programs, offered by the Departments of Engineering, Commerce, Economics, Mathematics, Physics, and English. Budding researchers will have the option to pursue their doctoral research either Full-Time or Part-Time, depending on their preference. Announcing the launch of the Ph.D. program, Dr. Sriman Kumar Bhattacharyya, Vice-Chancellor, Shiv Nadar University Chennai shared, “The decision to launch a robust doctoral program within a short time since the University’s inception is in line with our vision to become a premier research-oriented institution. This will help us achieve our objective to encourage and groom meritorious young talent into high-caliber researchers who will go on to create new knowledge that can drive a lasting impact. We will be offering doctoral program in innovative and progressive fields including Data Science,

Ampere inaugurates one-of-a-kind Experience Centre at Ranipet

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Ranipet,: Greaves Electric Mobility, a wholly owned electric mobility subsidiary of Greaves Cotton Ltd, begins new year 2022 on a promising note with Ampere inaugurating its first one-of-a-kind Experience Centre at Ranipet, Tamil Nadu. The new Experience Centre of Ampere, Greaves Electric Mobility’s two-wheeler arm, located at the newly launched mega EV facility in Ranipet, is uniquely designed with digital interventions that can enable the customer to understand & experience smart new age Ampere electric vehicles.   This launch reflects strong confidence displayed by multiple stakeholders, customers, channel partners,suppliers and more in the brand. Ampere, as one of the fastest growing EV brands and part of Greaves Electric Mobility, like its parent brand, is investing significantly in people, technology and infrastructure. The company is moving ahead with an aim to provide a phygital experience wherein discerning buyers can check out the latest products, understand the

HDFC Bank Goes Live for Customs Duty Payments

Mumbai, Maharashtra, India:   HDFC Bank today announced that its integration with Central Board of Indirect Taxes and Customs (CBIC) ICEGATE platform has gone live. With this, the Bank will offer customers the convenience of directly paying Customs Duty by selecting HDFC Bank. This follows authorisation by the Principal Chief Controller of Accounts of CBIC to collect IGST on import and export of goods and services.   HDFC Bank Ltd. has facilitated both retail and wholesale payments of Customs Duty. With HDFC Bank on board, clients would no longer need to route payments through other bank accounts. This integration also offers the Bank the opportunity to acquire current accounts of customers who bank with others that do not offer this facility. RBI regulations permit opening of current accounts for specific purposes like statutory payments.   “Digital payments of customs duty will help improve ease of doing business in India,”  said Smita Bhagat, Group Head   of Government and Instituti