Month: October 2023

 BYD India, a subsidiary of the world's leading New Energy Vehicles (NEV) manufacturer BYD, is delighted to commemorateits first anniversary of the BYD ATTO 3 on 11^th October. This milestone not only marks a year of accomplishments but also signifies 16 years of BYD's steadfast commitment to shaping a cleaner and greener future for all.#BYDturnsOne

This occasion celebrates a year of remarkable progress in promoting sustainable mobility solutions and advancing the cause of clean mobility in the region. Since its introduction to the Indian market in the year 2022, the ATTO 3 has rapidly ascended to become the one of BYD’s best-passenger vehicles in multiple countries, including India, Singapore, New Zealand, Brazil, Thailand, Israel, and Sweden, among others and has garnered widespread acclaim for its exceptional performance, cutting-edge technology, and commitment to reducing carbon emissions. Today, the e-SUV has presence in over 50 countries and regions, reaching a significant milestone with the production of the 500,000th BYD ATTO 3, just 19 months after its launch.

Sanjay Gopalakrishnan, Senior Vice President of Electric Passenger Vehicle Business of BYD India said, “Here's to a year of triumphs, shared experiences, and the promise of a brighter, cleaner future ahead. We eagerly anticipate continuing this momentum, bringing our cutting-edge electric vehicles to even more people in India and across the world. We extend our heartfelt appreciation to our valued customers, partners, and stakeholders who have contributed to the success of the BYD ATTO 3 in India.The ATTO 3 exemplifies our dedication to providing innovative, high-quality electric vehicles that meet the evolving needs of our customers.”

In celebration of BYD ATTO 3's first anniversary, a unique event titled “Parikrama of Prakriti” has been initiated—a distinctive drive that merges the essence of nature with cutting-edge automotive technology. This drive symbolises BYD ATTO 3's unwavering commitment to a sustainable future, blending technology seamlessly with a profound respect for the environment.

At the heart of the BYD ATTO 3 lies its electric powertrain, offering an impressive range and rapid charging capabilities. This not only ensures a seamless driving experience but also minimises the environmental footprint. BYD has set a new standard for environmentally conscious mobility, redefining the modern automotive landscape.

As the BYD ATTO 3 turns one, it marks a triumph for those who believe in the harmonious coexistence of technology and nature. The anniversary celebration is a testament to BYD's commitment to creating a sustainable and cleaner future.#BYDturnsOne

·         India confronts alarming rates of eye disorders, propelling the urgency of eyecare awareness

·         Digital Age Challenges,workplaceergonomics and regular eye check-ups vital for sustained eye health

This World Sight Day, Allergan, an AbbVie company, came together with renowned experts in the field of ophthalmology to emphasize the crucial aspects of eye health and its significant connection to the workplace. With a focus to create an understanding for Eyecare in the Workplace, these experts shed light on the prevalence of eye-related issues in today's digital age and dispelled common myths surrounding eye health.

India, being home to a vast population, grapples with a significant number of individuals suffering from various eye disorders. According to a study, 60% of the Indian population experiences digital eye strain[1]. Common eye disorders include refractive errors such as myopia, hyperopia, astigmatism, and presbyopia, as well as conditions like cataracts, glaucoma, age-related macular degeneration (AMD), diabetic retinopathy, and dry eye syndrome.

Dr. Partha Biswas, Medical Director of Trenetralaya, Kolkata,and Vice President, AIOS, emphasized the importance of regular eye check-ups for early detection of silent eye conditions like glaucoma, underscoring the critical role of awareness in maintaining individual well-being and quality of life.

Eyecare is not just about visual comfort; it's a fundamental aspect of overall workplace wellness. Prolonged exposure to the modern workplace environment, characterized by extended screen time, artificial lighting, and digital device usage, can lead to a range of eye conditions and discomfort. In India, around 6.8 million individuals suffer from corneal blindness, wherein vision in at least one eye is less than 6/60; among them, one million experience bilateral corneal blindness. The annual incidence of cataract blindness is estimated to be approximately 3.8 million, and ocular injury contributes to 1.5% of all causes of blindness. Further, in India, approximately 77 million people grapple with diabetes, emphasizing the need for dedicated screening and treatment pathways for diabetic retinopathy.To combat these challenges and maintain optimal eye health in the workplace, it is crucial to implement proper ergonomics, undergo regular eye check-ups, and adhere to recommended eye care practices.

Delving into thisissueDr. Virendra S Sangwan, Director – Innovations, Translational Research, Mentor,Dr Shroff’s Charity Eye Hospitalhighlighted that “It is very important to address workplace-specific eye health concerns. These include digital eye strain resulting from increased screen time, potential links between certain jobs and conditions like dry eyes and glaucoma, and the significance of early detection and regular eye check-ups in preventing vision loss and maintaining overall workplace well-being. We should use the 20-20-20 rule, artificial tears, and maintain proper humidity, to protect against digital eye strain. There is also an underscored need for individuals to be vigilant for workplace-specific symptoms and seek prompt medical attention.Early detection plays a very important role in preserving eye health in professional settings.”

Dr. Rakesh Shakya, Chief Consultant and Head of Departmentof Glaucoma, Sr. Consultant Cataract & IOL Services, Sadguru Netra Chikitsalaya, Shri Sadguru Seva Sangh Trusthighlighted that “Preventive measures in safeguarding eye health play a pivotal role in the contemporary workplace, characterized by increasing digital device usage. The significance of lifestyle changes, including a nutrient-rich diet and protective eyewear, is an effective strategy for preventing eye conditions. Furthermore, the importance of regular eye check-ups as a preventive measure may not be helpful at times, given that certain eye conditions can remain asymptomatic until reaching advanced stages. It is extremely important to consult a doctor upon observing any eye-related symptoms as early intervention plays a vital role in preserving eye health.”

In an age where screens have become an integral part of our daily lives, taking proactive steps to protect our vision is of paramount importance. Allergan recognizes the significance of eyecare in maintaining a healthy and productive workforce and is dedicated to raising awareness on this critical topic.

Allergan, an AbbVie company, is committed to advancing scientific knowledge and enhancing the quality of life for individuals through healthcare innovation. With a strong focus on patient education and empowerment, Allergan strives to improve access to care and provide effective solutions to healthcare challenges.

·         Tata Consultancy Services (TCS), Koncept Engineers, Safex Technologies and SonicboltTechnologies announced as Siemens Xcelerator Ecosystem Partners

·         Industrial Metaverse,integrating digital twin, artificial intelligence, edge and cloud computing,to provide greater efficiency and sustainable benefits

Siemens Limited achieved a significant milestonefor its Siemens Xcelerator platform with the inclusion of 100 India-relevant digital use and reference cases across multiple industries such as Food & Beverage, Data Centers, Commercial Buildings, Power Utilitiesandothers. Siemens Xcelerator is an open and evolving digital business platform that comprises a comprehensive, curated portfolio that includes digital and Internet of Things (IoT)-enabled offerings (software, hardware and digital services) from Siemens, and certified third parties. Part of the Siemens Xcelerator portfolio is Industrial Operations X, an open and interoperable portfolio for automating and operating industrial production and Building X, a scalable digital building platform to digitalize, manage and optimize building operations.

Tata Consultancy Services (TCS), Koncept Engineers, Safex Technologies and SonicboltTechnologies were announcedas Siemens Xcelerator Ecosystem Partners – a crucial component with a far-reaching impact on the digital transformation of organizations.

As aSiemens Xcelerator partner, TCS will engage with customers through a consultative process to provide holistic solutions for a Connected Digital Enterprise.These solutions will be based on the expertise of TCS in areas such as simulation, industrial automation, IoT, industrial edge, 5G,cybersecurity, product and application lifecycle management, manufacturing execution systems, enterprise resource planning, enterprise asset managementand low-code application development.Koncept Engineers, Safex Technologies andSonicbolt Technologies will provide integrated building management solutions and integration services of HVAC, fire safety and security systems. These include energy optimization, building information modeling integration, digitalization, cloud-based offerings and building automation as well as for Building X.

Peter Koerte, Chief Technology Officer and Strategy Officer, Siemens AG, said, “We have made significant progress over the past year with Siemens Xcelerator and growing a powerful ecosystem. With India’s economy continuing its high growth momentum aiming to double its GDP in the next 7-8 years, Indian companies have a unique opportunity to accelerate their digital transformation with Siemens Xcelerator portfolio which includes latest technologies such as industrial AI, industrial edge, digital twin and 5G.”

Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said, “We have achieved a milestone of 100 India-relevant digital use cases,which are now available on Siemens Xcelerator platform. Together with our Siemens Xcelerator Ecosystem Partners, we will be able to support the increasing demand for digitalization and decarbonization solutions in India.”

ReguAyyaswamy,GlobalHead,IoT&DigitalEngineering,TCS,said, “TCSbrings deep knowledge of Industrial IoT anddigital engineering across a wide client portfolio and expertise in Siemens Xcelerator solutions. With TCS' 'Bringing Life to Things' framework, enterprises can maximize value from a Connected Digital Enterprise by responding to physical context with digital intelligence, accelerating digital product creation, enabling neural manufacturing and becoming sustainable by design.”

Many of the use cases were on display at the fourth edition of Siemens India Innovation Day 2023 in Mumbai, where Siemens showcased a range of technology innovations and customer references on digital transformation through an Ideas Marketplace, Co-Labs and Siemens Xcelerator Hub.

In his Keynote Address at the Siemens Innovation Day 2023, Peter Koerte outlined the power of the Industrial Metaverse which is an always-on world, where real machines and factories, buildings and cities, grids and transportation systems are mirrored in the virtual world. It has the potential to solve real-world problems by integrating cutting-edge technologies such as digital twin, artificial intelligence, and edge and cloud computing. Itwill enable users to simulate and test different scenarios, and to work on real things together virtually, in real-time, and from anywhere – whether designing buildings and power grids or servicing machines. This will result in reduction of costs, emissions, and resources.

Acknowledging the major challenges for India’s industry, in its recent paper,Siemens highlighted the five megatrends that are transforming the global economy. These megatrends are seen to be shifting the geopolitical balance of power, and profoundly impacting the global workforce: demographic change, urbanization, glocalization, environmental change & resource efficiency, and digitalization. Siemens’ mission is to present solutions,along with the Siemens Xcelerator partners,for tackling these challenges.

Bank of India, one of the largest Public Sector Banks in India, has upgraded its Savings Accounts for all segments which covers salaried employees, households, individuals, youth etc.

The upgraded Savings Accounts now comes with Group Personal Accident Death Insurance Cover which goes as high as up to Rs.150 Lakhs, air accidental insurance of up to Rs.100 lakh, concessional locker facility for Gold & Diamond SB A/C holder and free for Platinum SB A/C holder, International Debit Cum ATM card with global access/ acceptance, concessional rate of interest on Retail Loan, waiver of processing charges on Retail Loans, free issuance of Credit Cards, higher usage limit up to Rs.5.00 lakh on POS & free issuance of Credit Cards with varied AQB.

MD & CEO of the Bank – Shri Rajneesh Karnatak launched upgraded Savings Accounts in Zonal Manager’s conference held on 9th Oct, 23 and conveyed to the press & media that Bank is poised to grow its Savings Customers base with these newly upgraded Savings Accounts which is now enriched with finest features, concessions & insurance cover. He further added that bank’s e-platform for on-boarding Savings Customers is doing well and this upgrade of Savings Accounts will appeal to the potential customers which in turn will increase the digital on-boarding of new customers. Bank with its healthy CASA ratio is now heading towards broad basing of customers from all strata of the society. We are sure that upgraded Savings Account which now takes a very good care of savings, convenience, protection & insurance need of our customers along with attractive features in the form of various concessions.

Bank in its continued endeavor to meet the banking & financial requirement of its customers & general public, improvement in product & process will help the bank to accelerate the pace of acquiring new Saving Account Customers. These features are offered to our existing as well as new customers which are on-boarded to the Bank from any platforms.  

Kotak Mutual Fund conducted its investor education and awareness initiative, ‘Seekho Paiso ki Bhasha’, in partnership with the Central Board of Secondary Education (CBSE) in Delhi. This initiative is set to pave the way for financial literacy by conducting an extensive series of education and awareness programs aimed at empowering teachers fostering their growth of financial understanding, and ultimately which can help contribute to India's journey towards a potential progressive future.

The initiative aims to educate and create awareness about financial literacy among over 5025 CBSE teachers in Delhi. Out of these, 50% are expected to be female, underscoring to fostering of equitable growth and development.

As part of the initiative, Kotak Mutual Fund has brought on board over 500 proficient trainers from the Centre for Investment Education and Learning (CIEL) who lead the impactful sessions, ensuring that quality and relevance were upheld throughout the program.

Sadhu Vaswani International School, Santosh Vyas said, “Our school is privileged to be a part of ‘Seekho Paiso ki Bhaasha’, an initiative by Kotak Mutual Fund and CBSE. We are committed to help our teachers to develop necessary financial knowledge / skills required in their life. This program will provide them with the valuable knowledge and tools required to make informed financial decisions.”

Mr. Kinjal Shah, Head- Digital Business, Marketing and Analytics, Kotak Mutual Fund, “Through this Investor Education and Awareness Program 'Seekho Paiso ki Bhasha,' we are deeply committed to cultivating financial empowerment. We believe that teachers play a vital role in shaping our nation's destiny and moulding the new generation. Our partnership with CBSE is to educate and create awareness amongst the esteemed educators about financial literacy and investment. Collectively, we can shape a future where financially aware teachers may help improve the economy.”

This initiative represents a significant step towards the realization of a financially empowered India, with an aim of aligning perfectly with the nation's aspiration for progress and growth. With ‘Seekho Paiso ki Bhasha’ hope that it helps to shape the financial fabric of the country.

The Confederation of Real Estate Developers' Associations of India (CREDAI) along with its knowledge partner Cushman & Wakefield, today released a report “India’s Next 10 Emerging Markets: Engines for future growth of Commercial Real Estate” at the 21^st NATCON in Egypt.

The report comprehensively puts forth real estate sector’s next growth mile, identifying 17 cities across India on the basis of healthy traction in overall real estate development, organised retail penetration, and mature residential market development. Of these cities, Bhubaneswar, Coimbatore, Indore, Jaipur, Kochi, Lucknow, Nagpur, Surat, Thiruvananthapuram Visakhapatnam have been identified as the 10 emerging cities that hold the highest potential for growth in the foreseeable future.

While Delhi NCR, Mumbai, Bengaluru, Pune, Hyderabad, Chennai, Kolkata, and Ahmedabad continue to be the key 8 real estate markets, the report anticipates that these 10 tier-II are soon going to add more power to the India-growth-story, propelling the nation's development forward. The cities have been selected based on indicators pertaining to population, infrastructure, talent pool, income, ease of living, and housing affordability.

The report highlights how rising urbanization is putting pressure on the existing infrastructure across the tier-I cities as they try to fulfil the growing demand for quality-built spaces. The country is urbanizing swiftly with the urbanizing rate rising by 32% in 2013 to ~36% in 2023 and this is shifting the focus towards markets that have the advantages and development potential to be the next promising destination for the real estate sector.

Rising incomes and consumption levels have made tier-II cities a magnet for retail investments. As large Grade-A malls and prominent highstreets are getting developed, India’s tier-II cities are evolving into major consumption hubs, a trend that is likely to gain momentum in the coming years. The residential sector has also witnessed significant growth in many of these cities and they perform well on affordability parameter.

The report takes into consideration parameters like population, economic prowess and potential attractiveness of the cities from commercial real estate to identify the emerging cities. Moreover, parameters such as tertiary education enrolment, population size, and ease of living have been assigned highest weights compared to others as these are largely the foremost reasons for corporates to move their office base to a new location. In aggregate, the report focused on infrastructure and connectivity as parameters that are important drivers of commercial activity today.

The study also considered the Metro Development Index data that combines operational metro routes (in KMs) as well as under-construction and proposed metro routes. Other indicators include the population growth (for the latest census decadal period), house prices (to measure affordability across quality Grade-A projects) and GDP per-capita (to measure consumption potential or discretionary spending), all of which potentially offering a 360-degree view of the real estate market development potential across the selected tier-II cities.

Fig 1 – WEIGHTAGE OF EACH EVALUATION PARAMETER

While unveiling the report, Boman R Irani, President CREDAI said, “As India continues its remarkable journey of economic growth and witnesses higher rate of urbanization, we anticipate newer cities to fuel the future growth of the commercial real estate market. We believe this report will prove to be invaluable not only for corporate occupiers exploring alternative locations beyond the top 8 real estate markets but will also provide insights to developers on the kind of opportunities that exist in their own domains”.

Speaking of the report, Anshul Jain, Head of APAC Tenant Representation and Managing Director, India & South East Asia, said, “The report shares invaluable insights on the country’s growth story with the real estate industry as one of the key drivers. We are estimated to be the fastest growing major economy and are on course to become a USD 5.0 trillion economy by FY2026-27. But to fulfill our ambition, it is increasingly becoming evident that we need to further accelerate our pace of economic growth and create more metros. It is India’s tier-2 cities that are going to significantly contribute to the nation-building narrative. With this report, we aim to spotlight the potential of the top 10 emerging cities”

You can get full access to the report here

(NSE: PALREDTECH) pTron – In the spirit of the vibrant Indian festivities and monumental online sales season, pTron is elated to announce groundbreaking offers and deals on its indigenous range of digital lifestyle products, amplifying the joy of the upcoming Great Indian Sale on Amazon and Big Billion Day on Flipkart this October 2023!

Crafting Milestones with Indian Excellence: pTron, with its indigenous manufacturing, is not only accentuating the ‘Make in India’ initiative but is also echoing the resonant beats of Indian craftsmanship, technological innovation, and superior quality in the global arena.

• By offering the pTron Bassbuds Duo at a groundbreaking price of Rs. 449, originally priced at Rs. 799, we are setting an unparalleled global precedent, underscoring India’s ascending stature as a global manufacturing powerhouse.

• Our endeavour symbolizes a festive gift to the nation, allowing millions to experience top-notch technology made in India, while also fostering national pride and unity through our contributions to the Indian economy and technological ecosystem.

Unwrap the Celebration with Unrivalled Offers: Our diverse portfolio, featuring cutting-edge wireless audio equipment, smartwatches, chargers, and more, is available at unbeatable prices, ranging from Rs. 449 to Rs. 1,199, making premium tech accessible to all.

• This festive season, immerse in the enchanting world of sound with pTron’s wireless earbuds, neckbands, and headphones, and stay connected and active with our stylish and functional smartwatches, all while supporting indigenous innovation and manufacturing.

Patriotism Interwoven with Innovation: Choosing pTron is choosing India. Every purchase reverberates with the spirit of Indian craftsmanship and contributes to the country’s progressive journey, creating a symphony of national pride, unity, and technological advancement.

• Our journey is a testimony to the brilliance and resilience of Indian innovation, showcasing to the world how ‘Quality Outshines,’ while also paving the way for a technologically self-reliant India.

CEO’s Vision: Mr. Ameen Khwaja, Founder and CEO of pTron, reflects, “Our offerings are a festive lantern, illuminating lives with joy, quality, and Indian brilliance. We are not just a brand; we are a movement, shaping the future while staying rooted in our rich heritage, creating a harmonious blend of tradition and innovation.”

So, this October, celebrate the confluence of technology and tradition with pTron. Explore, shop, and revel in the festive symphony of Indian innovation, making every moment monumental. Let’s come together to cheer for a brand that’s truly ours, embrace the pTron difference, and echo the proud beats of ‘Made in India’ to the world!

About pTron:

pTron, symbolizing ‘Be Loud Be Proud,’ is an embodiment of the modern and diverse Indian spirit. Born in 2014 under Palred Electronics Pvt. Ltd., a subsidiary of the publicly listed Palred Technologies Ltd on BSE and NSE since 2004, pTron is a testament to superior, affordable, and accessible technology. With our array of audio accessories and technology products, we are here to make lives resonate with quality, innovation, and Indian pride.

Website Link: pTron.in

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