Month: September 2022

O’Brien steals Nurse’s thunder in match of big-hitters as Gujarat Giants win their first match

Two centuries and an exciting finish lit up the Eden Gardens on Saturday night in an electrifying contest between the GMR backed India Capitals and Adani Sportsline’s Gujarat Giants in the opening game of the Sky247.net Legends League Cricket 2022, which is being held in India for the first time.It was a night of unexpected heroes, with Ashley Renaldo Nurse and Kevin O’Brien stealing the spotlight in game that also involved Jacques Kallis and Virender Sehwag. First it was Nurse who scorched the ground with an innings of 103 not out off 43 balls to help the Capitals post 179/7 in 20 overs. And while one thought it would be almost impossible for anyone to better Nurse’s effort on the night, Giants’ O’Brien came up with a fitting reply, smashing 107 off 61 balls.

In the end, the Giants emerged victorious by three wickets as they chased down the target in 18.4 overs, but not before some tense moments. Capitals’ spinner Praveen Tambe, 50, came up with three late wickets, including two in the 19th over, to put the Giants under pressure. That the winning run came from a wide only added to the drama of an enthralling match.

Irishman O’Brien, who scored a fifty in Friday’s exhibition match between India Maharajas and World Giants, spanked 15 fours and three sixes. He almost closed out the match before falling to Liam Plunkett in the 18th over. O’Brien was adjudged the Game-Changer of the Match.

After Giants’ captain Virender Sehwag invited the Capitals to bat first, the strong crowd at the ground must have expected to witness a Kallis special. But while the Capitals captain did not have a good day with the bat, failing to open his account, it was Nurse, who provided the fireworks.
The 33-year-old Barbados-born Nurse came in to bat at No.6 and treated the fans with an extraordinary show of big-hitting. It wouldn’t be wrong to say that it was Nurse’s healing touch that rescued the Capitals innings after they were reduced to 74/6 by the 12th over. Nurse was rewarded with the Legend of the Match award.

The Giants, however, dictated terms initially with left-arm orthodox spinner KP Apanna bamboozling the Capitals batters with his craft. Like Nurse, Apanna proved to be quite an unexpected hero in a bowling line-up that had names like Mitchell McClenaghan and Gaeme Swann.

But the 33-year-old, who played first-class cricket for Karnataka, stunned the Capitals dismissing Hamilton Masakadza and Kallis in the third over of the innings. The dismissal of Kallis was a classic left-armer’s delivery and foxed the batter.

Apanna finished with figures of 4-0-36-2, but it could have been better had a close lbw call against Nurse gone in his favour.

Union IT Minister Ashwini Vaishnaw to Present Valedictory Address at Global Fintech Fest 2022

Shri Ashwini Vaishnaw, Minister of Railways, Communications and Electronics & Information Technology, Government of India will present the valedictory address at Global Fintech Fest 2022 (GFF 2022) on September 22, 2022. Shri Vaishnaw will be joined by Shri Kris Gopalakrishnan, Chairman, GFF 2022 Advisory Board, Chairman, Axilor Ventures and Co-founder, Infosys and Shri G. Padmanabhan, Senior Consultant, AZB & Partners, Ex-ED – Reserve Bank of India and Ex-Chairman – Bank of India.

Union Finance Minister Smt. Nirmala Sitharaman will inaugurate GFF2022 on September 20, 2022. Organised and presented by the Department of Economic Affairs, Ministry of Finance, Government of India, Reserve Bank of India, International Financial Services Centres Authority (IFSCA), National Payments Council of India, the Payments Council of India (PCI) and the Fintech Convergence Council (FCC), GFF 2022 will be held September 20 – 22, 2022 at the Jio World Convention Centre in Mumbai. Pre-event festivities will begin virtually on September 19, 2022. This is the third edition of the Global Fintech Fest, and the first one where domain experts will participate from across the globe in-person and virtually.

Among other luminaries who will address India’s largest fintech conference are Shri Shaktikanta Das, Governor, Reserve Bank of India, Dr. Bhagwat Kishanrao Karad, Minister of State for Finance, Government of India, Shri Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, Skill Development and Entrepreneurship, Government of India, Shri Injeti Srinivas, Chairperson, International Financial Services Centres Authority, Smt. Madhabi Puri Buch, Chairperson, Securities and Exchange Board of India (SEBI), Dr. V. Anantha Nageswaran, Chief Economic Advisor, Ministry of Finance, Government of India and Mr. Dilip Asbe, Managing Director & CEO, NPCI.

The conference will also witness participation from global dignitaries including Alderman Vincent Keaveny, The Rt Hon the Lord Mayor, City of London.

Among Indian fintech captains who will speak at the conference are Mr. Vijay Shekhar Sharma, Founder & CEO, Paytm, Mr. Harshil Mathur, CEO & Co-founder, Razorpay, Mr. Jitendra Gupta, Founder & CEO, Jupiter, Mr. Harsh Jain, Co-founder & COO, Groww, Mr. Amrish Rau, CEO, Pinelabs, Mr. Abhijit Bose, Head of India, WhatsApp, Mr. Sameer Nigam, CEO, Phonepe and Mr. Mahendra Nerurkar, General Manager & Director, Amazon Pay.

The theme of GFF 2022 is one of the most pressing issues before the world today: ‘Creating A Sustainable Financial World: Global, Inclusive, Green’. Policymakers, regulators, administrators and fintech entrepreneurs from across the globe will converge at India’s largest fintech conference to discuss, debate and deliberate on how fintech is driving the sustainability agenda in the financial world.

The four-day conference kicks-off with a session on ‘Creating A Sustainable Financial World’, where industry stalwarts such as Mr. Kris Gopalakrishnan, Chairman, GFF 2022 Advisory Board, Chairman, Axilor Ventures and Co-founder, Infosys, Mr. Naveen Surya, Chairman, Fintech Convergence Council, Mr. Srinivas Jain, ED & Head of Strategy, SBI Mutual Fund and Ms. Smita Aggarwal, Global Investments Advisor, Flourish Ventures will deliberate on the topic. This will be followed by a special address by Mr. Abhijit Bose, Head of India, WhatsApp on ‘How technology can help build a Sustainable, Inclusive and Global Financial World’.

In alignment with the sustainability conversations, GFF 2022 will start the second day with a keynote on ‘Strengthening Capital Markets and Promoting Sustainable Finance’ by Smt. Madhabi Puri Buch, Chairperson, Securities and Exchange Board of India (SEBI). The event will host multiple other sessions on sustainable digital finance, investment logic for sustainability, impact of sustainable development goals on investments, and approach and strategy for sustainable development of fintech ecosystem.

Financial inclusion is an integral part of India’s sustainability agenda. To talk about it more, GFF 2022 will host Dr. V. Anantha Nageswaran, Chief Economic Advisor, Ministry of Finance, Government of India for a special address on ‘Bridging the digital divide: Key to driving inclusion in India’. There is also a CIIE.CO report launch planned on ‘Financial Inclusion for Bharat: Insights into People, Markets and Startups’ by Alkesh Wadhwani, Director – Poverty Alleviation, Bill and Melinda Gates Foundation. There will be several other panel discussions on financial inclusion including ‘Closing the digital divide in Financial Inclusion through Fintech’, ‘Charting Pathways to Rural Transformation with Financial Inclusion’ etc.

On September 21, Mr. Sandeep Ghosh, Group Country Manager, India & South Asia, Visa will host a fireside chat where Shri Vivek Deep, Executive Director – Department of Payment and Settlement Systems, Reserve Bank of India will speak on ‘Indian Digital Payment Industry targeting a $10 Trillion opportunity’.

GFF 2022 is being supported by the Unique Identification Authority of India (UIDAI), National Investment Promotion & Facilitation Agency (Invest India), Startup India, Reserve Bank Innovation Hub (RBIH) and ONDC. Special Partners of GFF 2022 are World Bank Group, United Nations Capital Development Fund, BIS Innovation Hub, KNOMAD, Better Than Cash Alliance and International Finance Corporation (IFC).

Highlights of GFF 2022

* 4 days * 6 tracks * 125+ countries * 260+ sessions, * 200+ exhibitors, * 700+ speakers * 5000+ attendees.

For more information on GFF 2022 visit Global Fintech Fest: the world’s largest fintech conference

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(Disclaimer: The above press release comes to you under an arrangement with NewsVoir India and this publication takes no editorial responsibility for the same)

Adani becomes India’s second largest cement player

Adani_Group_Logo


Completes acquisition of Ambuja Cements and ACC

  • Largest acquisition in India's Infrastructure and Materials space valued at USD 6.50 billion
  • Post the transaction, Adani will hold 63.15% in Ambuja Cements and 56.69% in ACC (of which 50.05% is held through Ambuja Cements)
  • The combined market capitalization of Ambuja Cements and ACC is USD 19 billion as on date
  • With this acquisition, Adani is now India's second largest cement manufacturer (capacity 67.5 MTPA)
  • Enhanced corporate governance with 100% independent directors on Audit Committee and Nomination & Remuneration Committee
  • Two new Board committees – Corporate Responsibility Committee and Public Consumer Committee – comprising solely of independent directors, will drive ESG assurance and consumer-first approach

AHMEDABAD, India, Sept. 16, 2022 /PRNewswire/ — The Adani Family, through Endeavour Trade and Investment Ltd (“BidCo”), a special purpose vehicle, has successfully completed the acquisition of Ambuja Cements Ltd and ACC Ltd. The transaction involved the acquisition of Holcim's stake in Ambuja and ACC along with an open offer in both entities as per SEBI Regulations.

The value of the Holcim stake and open offer consideration for Ambuja Cements and ACC is USD 6.50 billion, which makes this the largest ever acquisition by Adani, and also India's largest ever M&A transaction in the infrastructure and materials space. Post the transaction, Adani will hold 63.15% in Ambuja Cements and 56.69% in ACC (of which 50.05% is held through Ambuja Cements).

“What makes cement an exciting business is the headroom for growth in India, which exceeds that of every other country well beyond 2050,” said Mr Gautam Adani, Chairman, Adani Group. “Cement is a game of economics dependent on energy costs, logistics and distribution costs, and the ability to leverage a digital platform to transform production as well as gain significant supply chain efficiencies. Each one of these capabilities is a core business for us and therefore provides our cement business a set of unmatched adjacencies. It is these adjacencies that eventually drive competitive economics. In addition, our position as one of the largest renewable energy companies in the world will help us manufacture premium quality green cement well in line with the principles of a circular economy. All of these dimensions put us on track to become the largest and most efficient manufacturer of cement by no later than 2030.”

Currently, Ambuja Cements and ACC have a combined installed production capacity of 67.5 MTPA. The two companies are among the strongest brands in India with immense depth of manufacturing and supply chain infrastructure, represented by their 14 integrated units, 16 grinding units, 79 ready-mix concrete plants and over 78,000 channel partners across India.

The Board of Ambuja Cements approved an infusion of INR 20,000 Cr into Ambuja by way of preferential allotment of warrants. This will equip Ambuja to capture the growth in the market. The actions will significantly accelerate value creation for all stakeholders, in line with the Adani Group's business philosophy.

Both Ambuja Cements and ACC will benefit from synergies with the integrated Adani infrastructure platform, especially in the areas of raw material, renewable power and logistics, where Adani Portfolio companies have vast experience and deep expertise. Ambuja and ACC will also benefit from Adani's focus on ESG, Circular Economy and Capital Management Philosophy. The businesses will continue to be deeply aligned to UN Sustainability Development Goals with clear focus on SDG 6 (Clean Water and Sanitation), SDG 7 (Affordable and Clean Energy), SDG 11 (Sustainable Cities and Communities) and SDG 13 (Climate Action).

In line with the Adani Portfolio's governance philosophy, the board committees of both Ambuja Cements and ACC have been reconstituted. The Audit Committee and the Nomination & Remuneration Committee now comprise 100% independent directors. Further, two new committees have been constituted – the Corporate Responsibility Committee and the Public Consumer Committee – both comprising 100% independent directors to provide assurance to the board on ESG commitments and maximise consumer satisfaction. Also, a Commodity Price Committee has been constituted, comprising 50% independent directors, to strengthen risk management.

The transaction was financed by facilities aggregating to USD 4.50 billion availed from 14 international banks. Barclays Bank PLC, Deutsche Bank AG and Standard Chartered Bank acted as Original Mandated Lead Arrangers and Bookrunners to the transaction. Barclays Bank PLC, DBS Bank, Deutsche Bank AG, MUFG Bank and Standard Chartered Bank acted as Mandated Lead Arranger and Bookrunners to the transaction. In addition, BNP Paribas, Citibank, Emirates NBD Bank, First Abu Dhabi Bank, ING Bank, Intesa Sanpaolo S.p.A, Mizuho Bank, Sumitomo Mitsui Banking Corporation and Qatar National Bank acted as Mandated Lead Arrangers for the transaction.

Barclays Bank PLC and Deutsche Bank AG acted as M&A advisors to BidCo, with Standard Chartered Bank acting as the Structuring Advisor, and ICICI Securities and Deutsche Bank AG acted as merchant bankers to the open offer by BidCo for Ambuja Cements and ACC.

Cyril Amarchand Mangaldas and Latham and Watkins LLP acted as M&A counsel to BidCo. Cyril Amarchand Mangaldas and Latham and Watkins LLP also acted as legal counsels to BidCo for the financing with Allen & Overy LLP and Talwar Thakore and Associates acting as legal counsels to the lenders. 

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same)

Fujifilm India launches the next phase of ‘NEVER STOP SCREENING TO REDUCE DIAGNOSTIC DELAYS’ Campaign to promote early diagnosis of TB

●    TB is a curable disease and the campaign aims to spread this message in selected  districts of Gujarat, Kerala and Assam

●   The campaign will also focus on providing doorstep TB screening services to facilitate diagnosis

Fujifilm India Pvt Ltd, a pioneer in diagnostic imaging and information systems for healthcare facilities, has launched the second phase of its campaign on TB “NEVER STOP: SCREENING TO REDUCE DIAGNOSTIC DELAYS”. The second phase of this campaign aims to increasing awareness on TB as a curable disease and promote screening and early diagnosis among tea sector workers, difficult to reach population in rural and urban areas including tribal population in selected districts of Gujarat, Kerala and Assam. Under the campaign, Fujifilm India will support three mobile hand held X-ray machines and implementation of project in community settings

Fujifilm aims to reach to more than 5 million people and screen around 30,000 of them by using the handheld X-ray machines. The project will also facilitate TB testing of identified presumptive cases. In association with International Union Against TB and Lung Disease (The Union), the project aims to demonstrate a model on promoting early diagnosis for TB by utilizing newer solutions in community settings. Through the campaign, Fujifilm will be offering door-to-door awareness on TB and provide mobile digital X-ray services along with Qure.ai’s computed aided radiology software application designed with deep-learning for the intervention.

 The proposed districts in this phase are Sonitpur, Golaghat, Jorhat, Sivasagar, Dibrugarh, Tinsukia, in Assam, Wayanad in Kerala, and Kutch district in Gujarat starting September 2022 and conclude by August 2023.  

In the first phase, Fujifilm India screened over one million people and shared around 8,000 X-ray reports. Through the intervention, 117 new TB patients were identified across 27 cities including Delhi, Dadri, Dehradun, Haridwar, Haldwani, Rudrapur, Patna, Jaipur, Indore, Kolkata, Raipur, Pata, etc.

Speaking about the success of the campaign, Mr. Koji Wada, Managing Director, Fujifilm India Pvt Ltd, said, “We at Fujifilm have always been dedicated to offering the best medical innovations and technologies to improve the quality of life around the globe. Following the success of the first phase of our NEVER STOP: SCREENING TO REDUCE DIAGNOSTIC DELAYS campaign, we are extremely happy to complement government program in selected districts by reaching the underserved sections of society. As a diamond member of Corporate TB Pledge initiative, we’re closely working with the National Program to make India a TB-free country and will continue to support this endeavor in the coming months. We are determined to Never Stop innovating and making the world a healthier place.”

Fujifilm is a diamond member of Corporate TB Pledge (CTP), which is being implemented by International Union Against TB and Lung Disease (The Union) as part of USAID supported iDEFEAT TB project. Corporate TB Pledge initiative was jointly launched in 2019 by Government of India and USAID to galvanize corporate support in the fight against TB. More than 230 corporate partners have joined the Corporate TB Pledge initiative.

In line with the Government’s call to achieve the SDG targets related to TB by 2025, five years ahead of global targets, Fujifilm India aims to raise awareness about tuberculosis as a curable disease among hard-to-reach groups and facilitate early diagnosis of TB ultimately improving people’s quality of life. While tuberculosis is a serious disease, it is completely curable if diagnosed in time and the treatment is completed

Legends League Cricket get off to a royal start as India Maharajas win the Sky247.net Legends League benefit match

When Kolkata’s Maharaj Sourav Ganguly gave away the winning trophy to India Maharajas (https://www.sky247.net/) at the majestic Eden Gardens on Friday, it royally kickstarted the Legends League Cricket 2022 that is being held in India for the first time.

The City of Joy witnessed a thrilling special benefit T20 match between the India Maharajas and the World Giants. The Maharajas, captained by Harbhajan Singh, chased down a 171-run target in 18.4 overs and won the match by six wickets. Tanmay Srivastava and Yusuf Pathan starred with the bat for the Maharajas with half-centuries, while Pankaj Singh rolled back the years with his medium pace bowling, taking 5/26.

The proceeds of the match, a part of the celebrations of 75 years of India’s Independence, will go to Kapil Dev’s Khusii Foundation, which supports girl child education. While former India captain and BCCI president Sourav Ganguly gave away the trophy to the winning captain Harbhajan, Match Commissioner and former India coach Ravi Shastri presented the Legend of the Match Trophy to Pankaj Singh.

“It was so special to play in Eden Gardens. I was a bit apprehensive playing after so long. But, in the end, it all came out good. I am so happy to see so many legends playing,” Harbhajan said after the match.

Though it was a special benefit match, make no mistake, it was a breathtaking affair, true to the T20 mood. The performance of the players, who were not ready to yield an inch without a fight, added to the charm of the contest.

Be it Kevin O’Brien’s daredevilry or Pankaj’s measured bowling or Yusuf turning back the clock with his muscular hits, it seemed the stars are still absolutely ready to walk into any top T20 side in the world. It was also an indication of what is in store for the fans once the league stage gets underway on Saturday, with a match between Gautam Gambhir’s India Capitals and Sehwag’s Gujarat Giants at the Eden.

The Maharajas’ chase did not begin on a great note as Sehwag was out in the very first over. They lost their first three wickets cheaply, but once Yusuf came to the crease, he changed the complexion of the match.

The elder of the Pathan brothers joined hands with the left-handed Tanmay to unleash a flurry of strokes as the Maharajas trotted towards the target. Eventually, Yusuf and Irfan, finished off the chase in clinical fashion. Irfan hit three sixes, one of them bringing the winning runs, during his fiery unbeaten innings of 20 off 9 balls. Yusuf stayed not out on 50 off 35 balls with five boundaries and two sixes.

The World Giants, electing to bat first, got the perfect start with their openers — O’Brien and Henry Masakadza — putting on a 50-run partnership within the Powerplay overs. O’Brien hit nine boundaries and a six in his 31-ball innings.

But the real drama was reserved for the last over of the Giants innings. After 19 overs, the Giants were 170/5, all set to go for the big shots off the last six balls. But former India pacer Pankaj had other plans. He scalped three wickets without conceding a single run to hurt the Giants’ ambition of a bigger total.  What more do you need from a T20 match!

Brief scores: World Giants 170/8 in 20 ovs (Kevin O’Brien 52, Denesh Ramdin 42 n.o.; Pankaj Singh 5/26). India Maharajas 175/4 in 18.4 ovs (Tanmay Srivastava 54, Yusuf Pathan 50 n.o.). Maharajas won by 6 wickets.

India Affiliate Summit 2022 Concludes on a Grand Scale with a Promise to Return Bigger Next Year

The 8th edition of the India Affiliate Summit, organised by Internet and Mobile Association of India (IAMAI) and vCommission, came to an end today at The Leela Ambience in Gurugram, with a promise to return next year with even more vibrance. The country’s biggest affiliate marketing event on its second day was abuzz with top marketing professionals, Adtech firms and exhibitors across the country. Invaluable insights on a host of issues such as social media listening, influencer marketing and creativity were shared by the ecosystem doyens at keynote sessions, panel discussions, fireside chats and masterclasses.

 

Talking about Indian SMEs, Neha Kulwal, Country Head, AdmitAd said, “For SMEs partner marketing is a great way to increase their reach and raise brand awareness without breaking the bank and since most of the SMEs strike for a balance between productivity and profitability, including low-cost and high ROI-driven channels such as partner marketing is a must. Also, the world is moving to ‘Digital First’ and with this shift performance/partner marketing will be a major driver in their marketing mix.”

 

Addressing a session titled, ‘From celebrities to social media influencers.. what's next?’ Mr. Jahid Ahmed, Vice President and Head – Digital Acquisition, Content and Social Media Marketing, HDFC Bank, said, “Today celebs and influencers are shaping up good. But as a brand to ensure a stronger and long-term communication for the audience, it is important that they focus on building individual brand advocates who can further educate micro communities. And that’s how they can turn this around in building a large pool of their brand lovers.”

 

Speaking at a panel discussion on ‘Programmatic reach by using new age media – CTV, Audio and DOOH etc.’ Shaan Raza, Chief Executive Officer, Optimise Media Group – India, said, “The IAS as a platform has evolved over the years. This year they have touched upon various new marketing trends such as programmatic and Connected TV which are preparing the audience for Web 3.0 space. The new age media has now  become popular and it is in its transition phase. Various new trends are entering India and new age performance marketers should look forward to it. They should use their creativity and imagination to engage with them from the performance marketing aspect.”

 

Among other prominent speakers who spoke today at IAS22 were Virginia Sharma, Head of Regional Marketing- India, Google Cloud; Nitin Guleria, Deputy General Manager, Samsung Electronics; Sameer Jain, VP & Head D2C Ecommerce, Max Life Insurance and Nimish Agrawal, SVP, Head of Marketing, Niva Bupa.

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(Disclaimer: The above press release comes to you under an arrangement with  NewsVoir India and this publication takes no editorial responsibility for the same)

New Research: The Evolving Needs of the Asian Retail Investor

ViewTrade is the force that powers fintech, providing everything – technology, support and brokerage services – that innovators need to quickly launch or enhance a retail trading platform or app.

Study from Kapronasia & ViewTrade Underscores the Need for Brokers to Better Meet the Needs of Asian Investors

SINGAPORE, Sept. 16, 2022 /PRNewswire/ — ViewTrade, the force that powers fintech, in collaboration with Kapronasia, the leading Singapore-based fintech research and consulting firm, jointly published a new study today, “The Empowerment of the Asian Retail Investor: Understanding the Evolving Investment Behavior of Asian Retail Investors and How to Cater to Them.” The research was conducted by Kapronasia and commissioned by ViewTrade.

To download a copy of the new report, please visit: https://viewtrade.com/asian-retail-investor-research/

“At ViewTrade, we work with the most forward-thinking brokers and fintech innovators across Asia and support them in their efforts to constantly improve the trading experience for their clients,” said Mr. Andy Liao, Regional Manager, Asia at ViewTrade. “We think the insights from this study can help our clients and the overall industry continue to evolve and best serve investors both today and tomorrow.”

The research offers a deep dive into the current emerging trends and competitive landscape for brokers across the region and shares advice on what service and technology providers need to do to stay ahead. It also provides a snapshot of today's Asian retail investors and reveals what they are looking for when it comes to investing experiences.

“What is clear from our research is that digital transformation is bringing about a profound shift in how retail investors across Asia expect to be served,” said Mr. Zennon Kapron, founder and director of Kapronasia. “If brokerages across the region want to remain relevant, they have to invest in digitalization and providing the user experiences customers have come to expect.”

Key Findings

  • While the main revenue generator for the majority of brokerages across the region is still the older investor segment, they cannot afford to take their eye off strategically important younger retail investors.
  • The stark lesson for brokerages across the region is digitalize or cease to exist. The switch by retail investors to online has been dramatic. The switch to mobile has been more dramatic still. (For example, ViewTrade's partner Sinopac is now seeing 95% of their clients using mobile.)
  • Customer-centricity has become the name of the game. Rapidly changing customer preferences require agility to respond quickly. Brokerages have to become adept at providing that customer journey.

“The technology and the customer experience are really changing, and this is something which is very important because if you look at everything that is available in the market today, the emphasis really is on that client journey. And making sure that it is a seamless client journey, and that it scales,” said Mr. Alexander Thorhauge, Head of Retail Business at Maybank Securities, one of ViewTrade's clients who was quoted in the study.

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same)

Tinder Reveals How Young Delhiites Navigate Consent in Modern Dating

More than 70% of young adults in Delhi don’t know how to give, ask or withdraw consent when dating someone

Tinder, the world’s most popular app for meeting new people, is bringing back ‘Let’s Talk Consent’, its initiative to encourage conversations around consent and safe dating. This year, the campaign launches with “We Need To Talk”, a short film that explores the nuances of consent in interpersonal relationships amongst young Indian adults. This will be followed by a first-of-its-kind Consent and Safe Dating Curriculum, developed by experts and available online and in person in select universities, to give young adults access to appropriate information and a safe space to have a healthy discourse on the subject. The initiatives this year build on Tinder’s existing interactive resource center www.letstalkconsent.com launched last year, in partnership with Yuvaa and Pink Legal.

A recent survey by Tinder reveals that most young adults in India have little or no confidence in navigating consent and find it hard to have conversations on the subject. Amongst those surveyed in Delhi, more than 70%* of young adults are hesitant to give consent, ask for it and to withdraw consent when dating someone. When asked about situations when their consent was violated, 68% of young Delhiites chose not to speak to their date/partner about it and turned to a friend and looked for resources online, illustrating the need for continuous dialogue on this subject. Infact, 70% of these young adults believe that consent should be discussed more openly with partners.

Shreyas Korde, 23, Tinder member from New Delhi says, “If you think asking for consent ruins the mood, let me stop you right there. Unless you ask, how do you know if the other person is even into it? Asking straight questions like “Are you comfortable?” or “Can I…?” guarantees that my match and I are on the same page and at ease with the situation. It makes the whole experience of dating fun and exciting!”

“Our conversations with Tinder members and the survey with young adult daters in India gave us insight into the overwhelming need to create safe spaces for conversations on boundaries and mutual respect, which are not often discussed in our society, ” said Taru Kapoor, GM, Tinder & Match Group, India. ” Our Let’s Talk Consent initiative aims to give young adults the tools and resources to understand how consent equates freedom in making choices, mutual agreement and normalizes open discussions on tough topics. Coupled with safety products in the app and initiatives such as these, we are committed to working towards creating a healthy dating ecosystem in the country.”

Tinder’s long-standing commitment to safety started with, requiring mutual consent to send a message. Over the past several years, the app has continued building best-in-class safety features and has provided members complete control over who they interact with, setting the pace and intent of each interaction while reserving the right to withdraw consent at any time. This initiative is part of Tinder’s wider trust and safety efforts to support proactive member education in app and off it. Many of the safety features and initiatives have now become the standard for the industry as daters overwhelmingly value the choice, control and agency that Tinder brought to them throughout their dating journey with Tinder: Video Chat, which was designed by Tinder’s safety team to facilitate a pre-IRL date that puts comfort first, Photo Verification to ensure members are who they say they are, Block Contacts to avoid any colleagues or exes, an updated Reporting process amongst other product features, such as Does This Bother You and Are You Sure to ensure you have all the tools from the time you match to when you go for your first date.

 

Following last year’s film on Consent, Closure, which was made available across platforms, Tinder’s latest short film, directed by Sonam Nair and conceptualized in collaboration with The Script Room, addresses some of these above inhibitions and showcases the importance of enabling conversations on consent. This year’s film can be seen across Tinder’s Instagram, YouTube, and Voot.

 

More on the survey

More on Tinder’s safety features

 

Additional Data Insights from Delhi:

 

  1. Young Indians want to learn and discuss consent. Young adults in Delhi placed themselves at the helm of these conversations with 1 in 2 recognizing themselves as the biggest channel for normalizing conversations around consent.
    1. Building a community around consent education. 7 in 10 young adults in Delhi believe that consent should be discussed more openly with partners and even taught formally in schools and colleges, and almost 70%* have taken steps to personally understand the concept of consent.
    2. Developing safe spaces for topics on consent. More than 6 in 10 young adults in Delhi seek more resources and safe spaces (both physical and online) on consent to be more educated and aware in their personal settings. Amongst a broad group of stakeholders potentially responsible for normalizing conversations on consent, young people identified themselves (49%), parents (48%), and schools and colleges (40%) as the top three influencers responsible for that conversation
    3. Becoming confident in navigating consent – both IRL and URL. Across various aspects of consent education, almost of the young Delhiites are most interested in learning about how to give consent (50%) and how to navigate consent while meeting someone online (50%), followed by understanding non-verbal signs from a date/partner (37%), emphasizing the need for consent education in the city.
  2. Consent takes a backseat to avoid hurt, conflict or awkwardness. There are a myriad of factors that prevent young adults from communicating consent or the lack thereof to their dates or partners. The most frequent reasons include: afraid of hurting the date/partner’s feelings (38%), themselves are awkward having such conversations (33%), anxious about not being liked (31%), and not knowing how to say no (31%).
  3. Recognize red flags but struggle to draw boundaries. Young adults in Delhi also have clear

categorisation of widely understood metaphors for warning signs.

  1. Green Flags: Making it clear to a date how they feel about you, having open discussions about boundaries, and being emotional/vulnerable in front of their date are the top three green flags.
  2. Red Flags: Top three red flags voted by young adults in Delhi were refusing to converse further when they share something emotional with their date, asking for intimate pictures, and making fun of their interests/beliefs.

Yet putting them into practice proves harder than imagined: 7 in 10 Delhiites say that they would hesitate to say no to a kiss and an almost equal number say they would hesitate to dismiss intimate advances even though it might make them uncomfortable.

  1. Consent extends beyond physical intimacy. Young adults in Delhi believe that consent extends beyond intimacy and includes a larger concern for privacy and emotional boundaries. In fact, 4 in 10 Delhiites identified sharing someone’s photos or conversational screenshots or looking at someone’s phone or laptop without asking first as violations of privacy in the absence of explicit consent.

*Research conducted by YouGov – survey of 1,018 Indian young adults (18-30) across  Delhi, Bombay, Bengaluru, Pune, Kolkata, Chennai, Hyderabad.

Tata 1mg ‘Grand Saving Days’ Sale to Begin on Sept 16, 2022

Spreading festive cheer ahead of the festival season, Tata 1mg, India’s largest digital health platform, has announced its much-awaited biggest sale event, Grand Saving Days (GSD), from September 16 – 20, 2022.

Gaurav Agarwal, CTO and Co-founder (left) and Prashant Tandon, CEO & Co-founder, Tata 1mg

The five-day biannual sale will offer the best and most exclusive healthcare offers across all brands and categories to customers, including medicines, health products, lab tests and e-consultations. Tata 1mg has partnered with top brands such as Dettol, Dabur, Himalaya, and more from all leading categories to provide massive offers to every shopper.

The Grand Saving Days sale will showcase the range and depth of health and wellness products and services on the Tata 1mg platform for the evolved Indian consumer who seeks an integrated healthcare experience. From fitness enthusiasts and health & wellness seekers to prescription medicine users and caregivers, there will be exciting deals for every segment of buyer on over 2 lakh medicine and health brands, health checkups and lab tests, and doctor consultations. Tata 1mg has also partnered with Centrum, a leading global multivitamin brand, for their India launch this month.

Customers will enjoy the best offers on the entire range of Tata 1mg’s products and services along with additional NeuCoins, the rewards customers earn for transacting on Tata 1mg and are 100% redeemable. Some of the categories on deep discount beyond medicines are vitamins and supplements, ayurvedic medicines and supplements, medical devices, personal care products, homeopathic medicines, health checkups, lab tests and more. Tata 1mg Labs will also be offering a Rs. 99 Store during the sale, where popular lab tests like Thyroid Profile Total, Diabetes Screening and Lipid Profile will be available at Rs. 99.

Tata 1mg Care Plan subscribers will enjoy an exclusive early access to the Grand Saving Days one day before the sale goes live for everyone else.

Bank & Wallet partnerships for Grand Saving Days sale includes HDFC and Paytm, along with Simpl, Mobikwik, Freecharge, PhonePe and Airtel Money.

Said Prateek Verma, Business Head – ePharmacy, Tata 1mg, “The Grand Saving Days Sale is being held bi-annually every February and September since the last three years. It has grown year on year to become India’s biggest health and wellness sale, with lakhs of people flocking to our platform from all over the country to grab the attractive deals. The sale is an opportunity for us to invite our customers to experience the convenience of digital delivery of healthcare services. Customers can seamlessly order medicines or lab tests through the platform or through a phone call, enjoy superfast deliveries and order medicines or lab tests anytime from anywhere for their loved ones.”

Disclaimer: The above press release comes to you under an arrangement with NewsVoir India and this publication takes no editorial responsibility for the same)