GopartReports

India’s No.1 export brand and one of leading tractors manufacturers in the country, International Tractors Ltd. has widened its footprint under the Solis Yanmar brand portfolio with the launch of its new YM3 tractor series. Also known as Global 4W Drive experts, Solis Yanmar has introduced two new tractors – YM 342A and YM 348A that are fully tuned to deliver higher productivity and unmatchable performance. Built with 110-year-old diesel engine expertise of Yanmar, the new YM3 series is fully tailored as per Indian farmer requirements and robustly designed for Indian conditions. The YM3 tractor range fully sealed tractors with premium features like world class engine, fully synchromesh gear, push button operated PTO and carries optimum weight to address both farming as well as special application needs of farmers. Even before being launched in India, the YM3 tractor range has already been globally successful while being exported to Thailand, South East Asian countries, Euro

Mumbai, :   To strengthen its contribution towards sports in India,  HCL , a leading global conglomerate, today announced that it is extending its Memorandum of Understanding (MoU) with OGQ, a not-for-profit foundation working on a mission to support Indian athletes at the Olympics. With this partnership, HCL has committed Rs. 6 crores over the next five years to support athletes in their quest for Olympic medals. HCL has been supporting OGQ since 2017 in its mission to help Indian athletes win Olympic gold medals. OGQ identifies emerging athletes, understands their training requirements and supports them in their training for the Olympics and Paralympics. This is done in close cooperation with Sports Authority of India (SAI), Target Olympic Podium Scheme (TOPS), Paralympic Committee of India (PCI) and various National Sports Federations (NSFs). Towards this effort, HCL has already dispersed Rs. 6 crores to OGQ between 2017 and 2021. OGQ currently supports 256 athletes in the country.

50% of the users from Tier 2 cities - Patna, Lucknow, Indore, Ranchi Records a 100% MoM growth in the last five months Plans to reach 5 million+ households by the end of 2022    Bengaluru: akudo , India’s learning-first neobank for teens, announced a staggering 500% increase in its registered user base in the last 5 months. The start-up has registered 1 million users on its platform, empowering teenagers to make financial decisions in a safe and controlled environment.   From Right to Left: Sajal Khanna, Lavika Aggarwal, Jagveer Gandhi; Co-founders   akudo’s user base showcases how smaller cities and towns are also adopting tech solutions for personal finance. 50% of the 1 million users are from Tier 2 cities such as Patna, Lucknow, Indore, Ranchi, and Chandigarh with monthly spends equal to users in Tier 1 cities like Bangalore, Delhi, and Mumbai.   In September 2021, the start-up raised USD 4.2 million in its seed round led by Y-combinator, JAFCO, and Incubate India, to name a few. T

Andhra Pradesh, Aadigyan, the flagship initiative of the International Relations and Higher Studies office at  SRM University-AP , has been launched in a grand ceremony held at the auditorium in hybrid mode on February 26, 2022.  Chief Guest Shri G Kishan Reddy, Minister of Tourism, Culture, and Development of the North Eastern Region of India , shared the message that it is heartening to launch Aadigyan, which embarks the beginning of sharing Indian values, culture, heritage and art to a global level.  “I wish Aadigyan a grand success and congratulate SRM University-AP for providing this wonderful opportunity to the world,”  he added.   Special invitees from partnering institutions   Prof. V S Rao, the Vice-Chancellor, launched the promo video of Aadigyan and remarked that Aadigyan aims to integrate education with the art and culture of India. Dr. Naga Swetha Pasupuleti, Associate Director - International Relations and Higher Studies, introduced the partnering institutions - ISKCON; T

Kochi, It is usually with a gold coin - that’s typically how honesty and hard work of employees are rewarded down south. But the owner of a retail chain in Kerala has recently called his trusted staff and handed over to him the key to a brand-new Benz GLA Class 220D, an SUV worth about INR 45 lakhs.   Boss Gifts Mercedes-Benz SUV for his Trusted Employee in Kerala   The boss in the news is  Mr. A.K. Shaji , who owns  myG , a premier retailer of Consumer Electronics & Home Appliances in Kerala. His ‘ gifted ’ staff is  Mr. C.R. Anish , who has been “ a pillar of support ” for him for over 22 years. Anish has been associated with Shaji long before the latter founded myG. He has worked in various capacities in myG, including in the marketing, maintenance and business development units of the company, and is currently its Chief Business Development Officer. Started in 2006, myG has grown to become the largest consumer electronics retail chain in Kerala with 100 stores across the state.

Chennai, ' CLOSE THE CARE GAP ' was the theme of World Cancer Day 2022, celebrated each year on February 4th. The theme signifies the need to spread awareness on cancer and available treatment modalities, while also making treatment accessible to more patients.  Dr. Kamakshi Memorial Hospital  was established in 2005, and this year's theme resonates with the hospital's motto of providing quality cancer care to everyone.   L-R: Dr. Arathi Surendranath, Prof. Dr. K. M. Radhakrishnan, Dr. J. Surendran, Dr. T.G. Sivaranjani, Chairman Dr. T.G. Govindarajan, Prof. Dr. T. S. Swaminathan, Prof. Dr. K. Thayalan, Dr. Karthikeyan Perumal   World Cancer Day was celebrated on the premises - jointly organised by the Radiation Oncology department and the division of Medical Physics. Dr. Surendran J, Senior Consultant - Radiation Oncology welcomed the chief guests and the event itself was presided over by Dr. KMH's Chairman and Founder Dr. T.G. Govindarajan. He inaugurated the even

Chennai, The Chennai based  SIMS (SRM Institutes for Medical Science) Hospitals ,  Vadapalani , one of the leading super speciality quaternary care hospitals in Tamil Nadu, in a rare kind of clinical scenario, saved the life of a 9-year-old boy from a rare, but aggressively fatal bacterial infection, Necrotising Fasciitis.   Necrotising Fasciitis is a rare medical condition and the complications are very serious. Characterized by a rapid destruction of the tissue, the diagnosis of the condition can be difficult due to lack of definitive signs & symptoms and acting fast is the key. With Biopsy, Blood tests and Medical Imaging being the modalities for diagnosis, Necrotising fasciitis, if diagnosed in early stages and treated well on time, can be arrested from progressing faster internally and save the patient from multiple organ failure. Typically, antibiotic IV and surgery are the first line of treatment in these cases and in more serious cases the patients may undergo blood transfu

Chennai, :   Flex (NASDAQ: FLEX) today announced that the company has been recognized as a 2021 CDP Supplier Engagement Leader for its actions to measure and limit greenhouse gas emissions across its supply chain. This recognition, a company first, places Flex in the top 8% of companies who disclosed to the global environmental non-profit’s full climate questionnaire.   “Addressing climate change demands collaboration and organizations need to rethink how supplier engagement can help accelerate sustainability,” said Lynn Torrel, Chief Procurement and Supply Chain Officer at Flex. “As one of the world’s largest diversified manufacturers, we are very proud to be named a 2021 Supplier Engagement Leader, among other sustainability-minded organizations, and energized to continue collaborating with our preferred suppliers to help reduce emissions throughout the value chain.”   “Our data shows that most companies currently have blinders on when it comes to assessing their indirect impacts and

Parvaiz Hussain ex- CEO HealthFin to lead the portfolio Mr. Akshay Mehrotra, Co-Founder and CEO, EarlySalary Mr. Parvaiz Hussain, Business Hea d   Pune, Maharashtra, India:   EarlySalary, India’s largest consumer lending platform for young professionals, launches Health Category to strengthen its BNPL portfolio.  EarlySalary brings onboard Mr. Parvaiz Hussain, the CEO and Co-Founder of HealthFin, who will now be leading Health Category and Strengthen its BNPL offering which includes EdTech, Consumer Tech, Insurance and HealthCare categories. Parvaiz Hussain brings his experience of building a health-focused lending platform with partners of around 1,000 hospitals like Apollo, Fortis, Wockhardt and more to EarlySalary. EarlySalary BNPL offerings provide exceptional services like customized loans at the lowest interest to customers and integrated tech systems to merchants across categories that offer the fastest approval rate and superior customer experience. The product will focus on th

Parents and Teachers together find a path for the child, and they walk hand in hand with him to find the stone of capabilities. Online examinations are easy to clear, you can score well in them; this is the most common sentence we say to students. But we forget the pressure of online classes they are going through. They have to deal with the screen all day. And sometimes they are not even able to clear their doubts. Even before online classes, they used to go through a lot of stress and tension of scoring in their exams and doing better. Rather than understanding their mental state we focus on the competition and pressurize them to do better than everyone, especially in finals. Not just about studies, we give them stress about their future which is way far like their college and their jobs. Parents usually play a significant role in the character and personality building of their children. Their child should be comfortable sharing his fears, stress, and weaknesses with them without any

-Suffering from mental problem is new normal but still it is not acceptable- Mental illness is underrated in India. People still consider it not a big issue. But, the rate of people reporting anxiety and depression is increasing day by day and saw a big jump during the COVID pandemic. Different age groups faced different problems, and the stage of their mental health suffering varied. Students lost track of their studies; online classes increased their screen time; and grades started dropping as their focus was shifted. They had no physical activities at their home, which made them couch potatoes, and their laziness started changing into illness. Everyone thought that online classes were beneficial and easy for them, but it spoiled their sleeping and studying cycles. They were stuck in their rooms with their screens alone, making it hard for them to express themselves.  In a survey by The State of the World’s Children 2021, 1 in 7 people aged 15–24 years feels depressed and loses inter

BMW Group India has launched the new BMW M4 Competition Coupé today. The pace-setting high-performance sports car is available at  shop.bmw.in  from today onwards as a completely built-up unit (CBU).   Mr. Vikram Pawah, President, BMW Group India said, “For the last 50 years, BMW M has stood for those who enjoy high performance and supremacy of excellence. The all-new BMW M4 Competition Coupe delivers an uncompromised track and street experience at a whole new level with distinctive combinations. Superior engineering promises unparalleled driving dynamics, adrenaline-fueled body styling, head-turning road presence, while still holding the famous legacy of its motorsport lineage.”   The all-new BMW M4 Competition is available in a petrol variant at ex-showroom price of -    The BMW M4 Competition Coupé M xDrive: INR 1,43,90,000   Price prevailing at the time of invoicing will be applicable. Ex-showroom prices inclusive of GST (incl. compensation cess) as applicable but exclu

HDFC ERGO General Insurance , India's leading private sector general insurance company in the private sector, announced its first-of-its-kind partnership with  Visa , the global leader in digital payments to offer curated insurance covers for Visa’s Platinum cardholders for select Public Sector banks.   The usage of cards as a form of payment has witnessed an increase and seen tremendous acceptance as a preferred mode of payment during the pandemic. Banks, the issuers of cards, are at the forefront of driving usage by creating a network of merchants accepting cards and providing discounts and offers to incentivize increased spend. However, card usage often gives rise to concerns around payment safety and potential unauthorized/fraudulent transactions in the minds of consumers. RBI has mandated banks to offer Zero Liability to cardholders for frauds reported. Through this association with Visa,  HFDC ERGO  aims to insure the risk of fraudulent transactions and enable the issuing ban

L-R: Standing: Dr. Ramya, Dr. Priya, Dr. Geethalakshmi, Dr. Avinash, Dr. Udaya Kumar; Sitting: Dr. Nagalekshmi, Dr. Vidya, Chairman Dr. T. G. Govindarajan, Dr. Balamurugan, Dr. Selvakumar, Dr. T. G. Sivaranjani, Director - Finance Chennai, :  When COVID-19 strikes hard, it's not easy to come back un-maimed. 27-year-old Sravankumar was admitted to  Dr. Kamakshi Memorial Hospital  in June 2021 with severe COVID-19 infection and co-existing prediabetes. He had initially been treated at his hometown, but given the severity of the infection he was brought to Dr. KMH. His symptoms indicated a black fungus infection as well, which was confirmed with a biopsy. It was a case of Highly Invasive Mucormycosis that had to be treated with urgency as it was life-threatening.  A multidisciplinary team of expert doctors comprising of Infectious Disease Specialist, Nephrologist, Ophthalmologist, Oro-Faciomaxillary Surgeon, Endocrinologist, ENT Specialist alongwith the Physiotherapy and Intensive Car

Sundaram-Clayton Ltd. (SCL), a leading auto component manufacturing and distribution group, announced Mr. R. Gopalan, Non-Executive Independent Director of the company as Chairman of the Board effective April 01, 2022. Mr. Gopalan has rich experience in the economic and financial administration of the country with long stints in the Ministry of Commerce and Finance, and the Manufacturing and Service Sectors. From April 01, 2022, Mr. Venu Srinivasan will continue to be the Managing Director of the company designated as Chairman Emeritus. Commenting on the appointment, Mr. Venu Srinivasan, Chairman, Sundaram-Clayton Ltd., said: “On behalf of the Board, I’m delighted to welcome Mr. R. Gopalan as Chairman of Sundaram-Clayton Ltd. effective April 01, 2022. Mr. Gopalan has held critical roles in key government bodies and boards. His long history of leadership coupled with vast experience will be helpful to chart a sustainable growth roadmap for SCL. I am confident he will provide

Xpressbees, India’s fastest growing third-party end-to-end logistics provider, today announced it has raised $300 million in a Series F funding round led by private equity funds Blackstone Growth, TPG Growth and ChrysCapital. Existing investors, Investcorp and Norwest Venture Partners, also participated in the Series F round. With this round, the total amount of funds raised by Xpressbees exceeds $500 million. Avendus Capital acted as the exclusive financial advisor to Xpressbees on this transaction.  The capital will be used to achieve Xpressbees’ vision to evolve into a full-service logistics organization, support the business in its next phase of growth, product development, and hiring talent. Xpressbees’ strong domain expertise and constant focus on meaningful innovation has helped it rapidly evolve as one of the most trusted logistics partner of India. The brand has progressively built best-in-class technology platforms, an extensive network reach, a seamless last mile management

Chennai, (NewsVoir): TVS Motor Company  reported a highest ever operating revenue of Rs. 5,706 Crores in the third quarter of 2021-22 as against Rs. 5,391 Crores in the third quarter ended December 2020. The Company’s Operating EBITDA margin is at 10% during the quarter as against 9.5% during the third quarter ended December 2020. The Company registered highest ever Operating EBITDA of Rs. 568 Crores during this quarter as against Rs. 511 Crores reported in the quarter ended December 2020. Company also registered highest ever PBT of Rs. 391 Crores during the quarter under review as against Rs. 362 Crores reported in the quarter ended December 2020. Profit After Tax (PAT) for the quarter ended December 2021 grew by 9% at Rs. 288 Crores against Rs. 266 Crores reported in the quarter ended December 2020. The Company registered total two-wheeler sales of 8.35 Lakh units in the current quarter as against 9.52 Lakh units in the quarter ended December 2020. Two-wheeler export sales grew by 12

London, United Kingdom :  Qredo , the decentralized Layer 2 infrastructure for the custody and settlement of digital assets, today announced the close of one of the largest Series A rounds completed to date in crypto and blockchain-related markets.   Qredo’s $80 million USD Series A raise was led by  10T Holdings , the crypto investment firm managed by investors Dan Tapiero, Stan Miroshnik and Michael Dubilier. The round includes a diverse group of strategic investors  Coinbase Ventures ,  Avalanche  and  Terra , and top tier financial investors  Kingsway Capital ,  HOF Capital ,  Raptor Group  and  GoldenTree Asset Management . The Series A raise brings Qredo’s valuation to $460 million USD.   “The fact we’ve won support from some of the biggest and smartest investors in crypto is a clear validation of Qredo’s long-term focus and mission,” said Anthony Foy, Qredo CEO. “The Qredo solution provides institutions with a secure, cost-efficient, and compliant way to engage fully with digita

IndiCan Friendship Club is a virtual platform to interact, celebrate, network and trade globally and virtually. With the vision to establish a bridge between India and Canada,  Surender Gupta, Chairman of Gold Souk Group ,  Anmol Chawla and Kabir Bansal, Director and Co-Founders of VRAKSH Management Private Limited  has joined hands in the project of First International Virtual Friendship Club. They have successfully launched it on a event held today  (6th February 2022) with guests like Pt. Vishwa Mohan Bhatt and BK Br. Eric Le Reste company's Press Release said. The release also stated Its membership-based subscription also allows its members to avail the services of various on-board associates. People travelling across India and Canada can find it easy for them to manage daily based services. And this exciting membership has a lot more to offer. They intend to organise weekly engagement events to add fun to the lives of their members and help them to build the network. Spe

The   Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman while presenting the Union Budget 2022-23 in Parliament today   highlighted the constraint of space in urban areas for setting up charging stations at scale and announced the proposal of bringing out  Battery Swapping Policy  and  inter-operability standards .  “ The private sector will be encouraged to develop sustainable and innovative business models for ‘Battery or Energy as a Service  ”,  the Minister noted. She also said that this will improve efficiency in the EV ecosystem. The Finance Minister also  stated that We will promote a shift to use of public transport in urban areas. This will be complemented by clean tech and governance solutions, special mobility zones with zero fossil-fuel policy, and EV vehicles, She added. On the Production Linked Incentive Scheme, Smt Sitharaman said, “The Productivity Linked Incentive in 14 sectors for achieving the vision of AtmaNirbhar Bharat has received excellen

DATA CENTRES AND ENERGY STORAGE SYSTEMS TO BE INCLUDED IN HARMONIZED LIST OF INFRASTRUCTURE EXPERT COMMITTEE TO STUDY SCALING UP VENTURE CAPITAL AND PRIVATE EQUITY INVESTMENT Rs. 5.5 LAKH CRORE INVESTED BY VENTURE CAPITAL AND PRIVATE EQUITY LAST YEAR BLENDED FINANCE FROM THEMATIC FUNDS MANAGED BY PRIVATE FUND MANAGERS TO PROMOTE IMPORTANT SUNRISE SECTORS TECHNICAL AND KNOWLEDGE ASSISTANCE FROM MULTI-LATERAL AGENCIES TO ENHANCE FINANCIAL VIABILITY OF PROJECTS Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman proposed to introduce Digital Rupee, using blockchain and other technologies, to be issued by the Reserve Bank of India starting 2022-23. While presenting the Union Budget for 2022-23, in Parliament today, she elaborated that introduction of Central Bank Digital Currency (CBDC) would give a big boost to digital economy.  “Digital currency will also lead to a more efficient and cheaper currency management system”,  she said. She further proposed various other

75 DIGITAL BANKING UNITS TO BE SETUP IN 75 DISTRICTS BY SCHEDULED COMMERCIAL BANKS 100 PER CENT OF 1.5 LAKH POST OFFICES TO BE BROUGHT ON THE CORE BANKING SYSTEM IN 2022 FINANCIAL SUPPORT FOR DIGITAL PAYMENT ECOSYSTEM TO CONTINUE The Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman today announced the introduction of  Digital Rupee  to be issued by the Reserve Bank of India starting 2022-23.  Presenting the Union Budget 2022-23 in the Parliament here today, the Finance Minister said that the Central Bank Digital Currency (CBDC) will give a big boost to digital economy. Digital currency will also lead to a more efficient and cheaper currency management system, the Minister stated. The Digital Currency will use block chain and other technologies.     Digital Banking:   Smt Nirmala Sitharaman said that in recent years, digital banking, digital payments and fintech innovations have grown at a rapid pace in the country. Government is continuously encouraging these sector

Education Minister hails the record budgetary allocation of Ministry of Education of Rs. 104277.72 cr in the FY 2022-23 Budgetary allocation witnesses jump of 11.86% from FY 2021-22 – Shri Dharmendra Pradhan Says Digital University, expansion of One Class-One Channel programme to 200 TV channels will enable states to provide quality supplementary education in regional languages Foreign Universities allowed offering courses in GIFT City Launch of DESH-Stack e-portal will empower citizens to skill, reskill or upskill Start-ups to facilitate ‘Drone Shakti’ and for Drone-As-A-Service MoE and MSDE to jointly launch Skill Hub Initiative in 5000 skill centres during the next year Union Minister for Education and Skill Development & Entrepreneurship Shri Dharmendra Pradhan has lauded the Union Budget 2022 as being inclusive, forward looking and aspirational, laying foundation for the  Amrit Kaal  of the next 25 years.   The Education Minister hails the record budgetary allocation to Minist

The Union Budget seeks to complement macro-economic level growth with a focus on micro-economic level all inclusive welfare. The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman tabled the Union Budget 2022-23 in Parliament today. The key highlights of the budget are as follows:   PART A India’s economic growth estimated at  9.2%  to be the highest among all large economies. 60 lakh new jobs  to be created under the productivity linked incentive scheme in 14 sectors. PLI Schemes have the potential to create an  additional production of Rs 30 lakh crore. Entering Amrit Kaal, the 25 year long lead up to India @100, the budget provides impetus for growth along  four priorities :   PM GatiShakti Inclusive Development Productivity Enhancement & Investment, Sunrise opportunities, Energy Transition, and Climate Action. Financing of investments PM GatiShakti The seven engines that drive PM GatiShakti are  Roads, Railways, Airports, Ports, Mass Transport, Waterways