Month: October 2024

Hyundai Motor India Limited (the “Company”), a part of the Hyundai Motor Group, which is the third largest auto OEM in the world based on passenger vehicle sales in CY2023, according to the CRISIL Report, proposes to open its initial public offering of Equity Shares (“Offer”) on Tuesday, October 15, 2024. The Anchor Investor Bidding Dateis one Working Day prior to Bid/Offer Opening Date, being Monday, October 14, 2024. The Bid/ Offer Closing Date is Thursday, October 17, 2024.

The Price Band of the Offer has been fixed from ₹ 1,865 per Equity Share to ₹ 1,960 per Equity Share. Bids can be made for a minimum of 7 Equity Shares and multiples of 7 Equity Shares thereafter.  

 

The Company’s initial public offering comprises an offer for sale of up to 142,194,700 Equity Shares by Hyundai Motor Company (the “Promoter Selling Shareholder”).

 

The Company will not receive any proceeds from the offer (the “Offer Proceeds”).

 

The Offer is being made in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended (the “SCRR”), read with Regulation 31 of the SEBI ICDR Regulations. The Offer is being made through the Book Building Process in accordance with Regulation 6(1) of the SEBI ICDR Regulations wherein not more than 50% of the Net Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs”) (the “QIB Portion”), provided that our Company, in consultation with the BRLMs, may allocate up to 60% of the QIB Portion to Anchor Investors and the basis of such allocation will be on a discretionary basis by our Company, in consultation with the BRLMs, in accordance with the SEBI ICDR Regulations (the “Anchor Investor Portion”), of which one-third shall be reserved for domestic Mutual Funds, subject to valid Bids being received from the domestic Mutual Funds at or above the price at which allocation is made to Anchor Investors (“Anchor Investor Allocation Price”). Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis only to Mutual Funds, subject to valid Bids being received at or above the Offer Price, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIBs (other than Anchor Investors), including Mutual Funds, subject to valid Bids being received at or above the Offer Price. Further, not less than 15% of the Net Offer shall be available for allocation to Non-Institutional Investors (“Non-Institutional Category”) of which one-third of the Non-Institutional Category shall be available for allocation to Bidders with an application size of more than ₹ 200,000 and up to ₹ 1,000,000 and two-thirds of the Non-Institutional Category shall be available for allocation to Bidders with an application size of more than ₹ 1,000,000 and under-subscription in either of these two sub-categories of Non-Institutional Category may be allocated to Bidders in the other sub-category of Non-Institutional Category in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Offer Price. Further, not less than 35% of the Net Offer shall be available for allocation to Retail Individual Investors (“Retail Category”), in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Offer Price. Further, Equity Shares will be allocated on a proportionate basis to Eligible Employees applying under the Employee Reservation Portion, subject to valid Bids received from them at or above the Offer Price. All Bidders (except Anchor Investors) shall mandatorily participate in this Offer only through the Application Supported by Blocked Amount (“ASBA”) process and shall provide details of their respective bank account (including UPI ID (defined hereinafter) in case of UPI Bidders (defined hereinafter)) in which the Bid Amount will be blocked by the Self Certified Syndicate Banks (“SCSBs”) or the Sponsor Bank(s), as the case may be. Anchor Investors are not permitted to participate in the Anchor Investor Portion through the ASBA process.

The Equity Shares of our Company are proposed to be listed on BSE Limited (“BSE“)and the National Stock Exchange of India Limited (“NSE”, together with BSE, the “Stock Exchanges”).  

 

 

·         Ropes in Popular Celebrities Usha Uthup and Ritabhari Chakraborty for a special initiative to address Women’s Safety

·         Partners with several Popular Durga Puja Pandals including Dumdum Park Tarun Sangha, Hindustan Park, and Jodhpur Park-95 Pally to spread the message

 

The catkin flowers swaying in the winds, the sight of night jasmines, the iconic Mahisasurmardini by Birendra Krishna Bhadra, or the workers sweating it out to complete the pandal works, all these add to the excitement of Bengal’s biggest festival to celebrate Durga Puja.

As lakhs of people throng the streets and by-lanes of the city for Pandal hopping, crowd management becomes key. This Durga Puja, Eveready marks the beginning of Devi Paksha, with a unique initiative which aims to share messages in public interest keeping in mind women’s safety especially in crowded spaces.

 

At a time when the conversation around women’s safety has taken centre stage, the initiative christened ‘Eveready Siren – Pujoy Awaaj Tolar Power’ (The Power to Raise Your Voice during Durga Puja) comes at the right time and aligns perfectly with the spirit of Durga Puja: a celebration of woman power. This is in continuation to the launch of Eveready Siren Torch that enables anyone in a vulnerable situation to raise an alarm by simply pressing a button and emitting a siren sound at 100 decibels.

 

As part of the initiative, Eveready has partnered with several of Kolkata’s most popular Durga Puja pandals including – Dumdum Park Tarun Sangha, Hindustan Park, and Jodhpur Park-95 Pally.

·         In these pandals, Eveready will take over the megaphones which traditionally have been used by male presenters to make public announcements, and will replace it with female voices giving out some tongue-in-cheek messages ensuring crowds at a pandal remain cordial & safe.

·         Eveready has roped in singer of national repute Usha Uthup and popular Bengali actress Ritabhari Chakraborty, who shall be reminding all pandal-hoppers of the importance of respecting women during the festive celebrations through these audio messages.

 

The messages reflect on the everyday issues faced by the women in crowded places and send out emphatic messages:

1.    Thank you for keeping the line moving and drawing the line at making unwanted moves

2.    Try keeping your eyes on the pandal, and avoid any scandal.

3.    In a moving crowd, only you are in charge of your valuables and your values.

 

To provide a safe environment in the pandal for the women visitors, Eveready has also introduced a Siren Squad: a group of volunteers who will oversee women’s safety & crowd management aspects inside the Puja pandals of– Dumdum Park Tarun Sangha, Hindustan Park, and Jodhpur Park-95 Pally. The volunteers will be seen wearing T-Shirts with these messages printed on them.  

 

Anirban Banerjee, Senior Vice President & Business Unit Head – Battery & Flashlight said “Durga Puja celebrates the power of Goddess Durga, a symbol of strength and protection. As a brand with a Purpose, at Eveready we believe that women should feel empowered to protect themselves, and our Siren Torch is designed to give them the confidence to do so. This campaign is our way of contributing to the safety of women during the biggest festival of Bengal, and we are honored to have icons like Usha Uthup and Ritabhari Chakraborty lending their voices to this important cause.”

 

Commenting on the association Ritabhari Chakraborty said “Durga Puja is a celebration of the goddess within each of us. But to truly honor the spirit of this festival, we must ensure that every woman feels safe and empowered. The Eveready Siren Torch is a powerful tool that allows women to raise their voice in times of need, making sure they are heard loud and clear. As we worship the strength of Durga this Puja, let’s also pledge to protect the strength and safety of every woman around us.”

 

Renowned singer Usha Uthup stated “For me, Durga Puja is all about love, light, and joy. It’s a festival that brings people together, but it’s also a time to reflect on the importance of protecting and empowering women. The Eveready Siren Torch stands as a symbol of that empowerment, giving women the confidence to raise their voices and ensure their safety. I’m proud to be a part of this initiative because every woman deserves to feel as powerful as Durga herself, especially during a festival that celebrates her.”

 

~The airline is offering unbeatable one-way all-inclusive fares starting from just INR 5,555 (*), along with exclusive discounts on stays at luxury resorts~

VietJet, Vietnam’s new-age carrier, has announced exclusive Diwali Sky Deals with unbeatable one-way, all-inclusive fares starting from just INR 5,555 (*). These promotional fares are available exclusively to Indian travelers for bookings on routes between India (New Delhi, Mumbai, Ahmedabad, and Kochi) and Vietnam (Hanoi, Ho Chi Minh City, and Da Nang) during the golden week from October 11 to October 17, 2024.

Travellers can book their festive trips for travel between November 15th, 2024, and May 22nd, 2025. Additionally, Business Class travellers can enjoy a 20% discount on fares (**) by using the code LEADER20 during this promotional week.

To make the celebrations even more memorable, early birds who book tickets between October 11th and November 15th, 2024, stand a chance to win exciting vouchers offering discounts of up to 50% (***)at a 5-star luxury resort in Da Nang, Vietnam. In collaboration with Furama Resort Danang—a luxury resort with world-class amenities—the first 50 early bird passengers of the Vietjet Diwali Sky Deal will receive room voucher discounts of up to 50% (***) and the next 100 passengers will enjoy a 35% discount (***) for stays from October 30th, 2024, to March 30th, 2025.

The airline offers the most routes between India and Vietnam—eight routes with 60 flights per week—connecting New Delhi, Mumbai, Ahmedabad, and Kochi with Hanoi, Ho Chi Minh City, and Da Nang. Passengers can enjoy a variety of nine hot meal options, including wholesome vegetarian dishes, and benefit from competitive daily flights across the region.

With an extensive network spanning Asia and Australia, eco-friendly aircraft, and exceptional onboard service, Vietjet ensures a delightful flying experience. Passengers can enjoy vibrant cultural and artistic programs while flying at 10,000 meters, making every journey unforgettable.

For more details and to book tickets, visit www.vietjetair.com or download the Vietjet Air mobile app.

(*) Subject to availability

(**) Excluding taxes and fees

(***) Terms & Conditions applied. Further information at www.vietjetair.com

Fertility Experts witness a prevalence of 11.3% of women with PCOD led infertility in women and 34% of men with poor sperm count

One of India’s largest fertility chains, Nova IVF Fertility, expands its presence to Visakhapatnam. The fertility chain was inaugurated by Dr Divya Sahitya Nambala, Fertility Specialist at Nova IVF Fertility along with the Chief Guest, Dr R. Sasiprabha, a stalwart in the field of obstetrics and gynaecology, who also served as Professor Emeritus of NTRUHS and Senate member of Andhra University. The Guest of Honour was Dr Y. L. Narsinga Rao, President, Obstetrics and Gynecological society of Visakhapatnam.

Infertility rates may be on the rise in Visakhapatnam, with a growing number of couples maybe facing difficulties in conceiving due to lifestyle changes, hormone imbalances, and exposure to environmental toxins. Exposure to industrial pollutants, may affect sperm quality, and may be one of the contributing factors  to male infertility.

 
Dr Divya Sahitya Nambala, Fertility Specialist at Nova IVF Fertility, Visakhapatnam, highlights what could be the primary causes of infertility in the region,  Oligoasthenoteratozoospermia (OATS) in men and polycystic ovarian syndrome (PCOS) in women. “We frequently see patients affected by PCOS and OATS, both of which can significantly reduce the chances of natural conception. PCOS, a hormonal disorder, affects an estimated 4 out of 10 women who seek fertility treatment at our center  while OATS, a condition that impairs sperm quality and motility, impacts 1 out of 10 men. Unhealthy dietary habits, stress, sedentary lifestyles, smoking, and alcohol consumption can further increase the risk of infertility, in both men and women. In addition, delayed parenthood may have emerged as a key factor affecting fertility. Many couples are choosing to prioritize their careers and personal aspirations, only to find that they are having trouble getting pregnant later in life” Importance of Fertility Testing.

There is a need for fertility evaluations for married couples. “Incorporating fertility tests like the Anti-Mullerian Hormone (AMH) test and semen analysis into regular health check-ups can help couples understand their fertility potential early on, Dr Divya Nambala advises. For couples who have been trying to conceive for over a year (or six months if the woman is over 35), seeking early intervention from a fertility specialist is crucial. Early diagnosis and treatment can significantly improve the chances of a healthy pregnancy”.
Nova IVF Fertility in Vizag is a comprehensive fertility treatment centre, that has well-equipped lab with the latest technologies and follows international standards for delivering fertility treatments. 

·         The Adani Skill Development Centre (ASDC) at ACC Kymore is transforming lives of young women by providing them essential skills and job opportunities.

·         ASDC candidates including Nisha Dahiya and Swati Patel have overcome financial hardships, secured stable employment, and are now role models for their communities.

ACC, the cement and building material company of the diversified Adani Portfolio, continues making significant strides in empowering young women through skill development initiatives. ACC along with the Adani Foundation, is driving change in rural communities by providing world-class training opportunities to youth who might otherwise lack access to such resources. Two such inspiring stories of transformation come from the Adani Skill Development Centre (ASDC) at ACC Kymore.

Nisha Dahiya, a 22-year-old from Bhaiswahi, a remote village in Madhya Pradesh's Katni district, had to discontinue her studies due to financial constraints. Fortunately, after completing a warehouse packer course at the Adani Skill Development Centre in Kymore, her newfound skills led to her securing a job as a warehouse executive at Amazon India in Sanand, Gujarat, earning a monthly salary of Rs. 18,000.

Similarly, Swati Patel from Dithwara in Katni completed the same course and landed a job with Yazaki India, starting with a salary of Rs. 13,500 per month. Swati's sister Priyanka, who trained as a beautician at the same centre, now runs her own parlour.

ACC and the Adani Foundation are dedicated to facilitating an environment for the youth to achieve their goals by transforming into skilled professionals. Their time at ASDC prepares them to secure their futures and create better lives for their families.

As Bata marks its 130th anniversary globally, the brand takes a bold leap into the future with the unveiling of its modern headquarters in the heart of Gurugram's Millennium City. Designed with Blue-Sky thinking at its core, the new office embodies Bata’s transformation into a modern, eco-conscious, and future-focused organization, reimagining the workspace for the next generation. This landmark headquarters sets a new benchmark for sustainable corporate spaces in India, proudly earning both Platinum LEED Grade-A and GRIHA certifications.

‘Blue Sky Thinking’ – an approach that embraces limitless creativity and innovation – the new office encourages collaboration within teams with a hot seat concept allowing teams to work together. The workspace enhances the employee experience with a host of modern amenities – wellness room, library, creative open working spaces and more. Smart technology takes centre-stage with interactive digital screens, facial recognition access, optimizing both work environment and efficiency. With 33% of the space benefiting from natural light, water recycling systems, solar power integration, and the use of low VOC paints, the office exemplifies Bata's commitment to minimizing its ecological footprint while maximizing employee comfort and productivity.

Commenting on this significant milestone, Mr. Gunjan Shah, Managing Director & CEO, Bata India said, “As we celebrate 130 years of global excellence, we're stepping boldly into the future while staying true to our roots. Project Blue Sky represents Bata India’s evolution, its commitment to innovation, sustainability, and employee wellbeing. By creating an environment where smart technology and eco-conscious design converge to inspire creativity and collaboration, we're not just changing where we work, we're transforming how we work. As we write the next chapter in Bata's enduring legacy, we're ensuring that every step we take is towards a smarter, more sustainable future.”

The innovative headquarters is a space that champions innovation, collaboration, sustainability, and smart working while remaining rooted in the timeless values that have defined the brand for a century.

Demonstrating its unwavering commitment to safeguarding both consumer and distributor interest and wellbeing, Amway India, one of the leading companies supporting health and wellbeing, initiated a robust awareness campaign to educate stakeholders on the unauthorized sale of its products. The comprehensive strategy involves efforts to educate stakeholders against the risks involved, enhance supply chain monitoring, stringent measures against the offenders, and targeted support sessions and resources for authorized distributors. The move reinforces Amway’s dedication to consumer protection by ensuring they get authentic Amway products and associated benefits when purchased through Amway distributors or official Amway website only. 

 

Unauthorized selling is not limited to direct selling only. Many companies are battling with this issue where products are often distributed through unofficial channels such as e-commerce platforms or third-party sellers, undermining product authenticity and consumer safety. Amway India, in its commitment to consumer safety and product integrity, is actively fighting against unauthorized selling to protect its consumers from potentially counterfeit and harmful products. Unauthorized sellers often bypass the stringent quality control measures that Amway India implements to ensure every product reaching the consumer meets the highest standards. It not only puts the consumers at risk but also undermines the trust and hard work of the dedicated Amway distributors. The company follows a Zero Tolerance Policy against unauthorized selling, which includes clear guidelines and actions to the extent of suspending or terminating distributors involved in unauthorized sales and ensures that authentic Amway products are available only through Amway-authorized channels.

 

Amway India ensures uncompromised quality and authenticity by exclusively distributing its products through authorized channels, which are through Amway Distributors and its official website (www.amway.in). The company strictly prohibits sales through shops, supermarkets, brokers, dealers, or any other third-party e-commerce platforms and does not guarantee the authenticity or quality of products from these sources. All Amway products in India are labelled 'Sold only through Amway Direct Selling Partners' to affirm their authenticity and quality. By purchasing from official sources, consumers are assured of world-class product quality backed by a money-back guarantee for any issues, and the benefit of need-based recommendations provided by the authorized distributors. Amway’s commitment to transparency allows customers to trace product journeys from raw material to finished goods, reinforcing the brand’s dedication to safety and overall wellbeing. To support distributors in addressing customer queries, Amway provides comprehensive resources ensuring accurate information sharing. The company educates its distributors and their customers about unauthorized sales risks through social media campaigns, legal notices in newspapers, and warning messages on the website, in addition to exclusive sessions for Amway distributors by the compliance team.

 

Furthermore, in its continuous efforts to make its products accessible faster, Amway India has strengthened its delivery network. Now spanning 17000+ pin codes, Amway has managed to manage the average delivery time of 1.6 days, with a staggering 87% of orders in metro cities now reaching customers within just 24 hours. This focus on last-mile delivery not only enhances customer satisfaction but also effectively undermines the appeal of unauthorized sales. 

 

Latest investment to support the development and supply of next-generation of branded medicines for obesity and metabolic diseases, including GLP-1 and amylin receptor agonists

 

Amneal Pharmaceuticals, Inc. (Nasdaq: AMRX) (“Amneal” or the Company”), a global pharmaceutical company based in the U.S., today announced that it will build two new state-of-the-art manufacturing facilities in Ahmedabad, expanding the Company’s longstanding presence and innovation capabilities in India.

Founded in 2002 by Chirag and Chintu Patel in New Jersey, Amneal is a global, diversified pharmaceutical company that manufactures in the U.S., India and Ireland. The Company established and has been growing its operations in India since 2008, where it has eight manufacturing sites, including five in Ahmedabad with additional sites in Dahej, Hyderabad and Vizag, and commercial offices in Mumbai. The Company has the industry’s #1 quality track record and a diverse and complex portfolio of more than 280 commercial products across Retail, Injectables, Biosimilars and Specialty – all supported by its leading global R&D and manufacturing capabilities.

In this latest expansion in India, Amneal will make a total net investment of between USD$150 million and $200 million over the next four to five years to build two new greenfield facilities – one for peptide synthesis and one for advanced sterile fill-finish manufacturing. Combined with Amneal’s existing manufacturing network, the Company will develop and supply a portfolio of next-generation branded medicines for metabolic diseases and obesity, including GLP-1 and amylin receptor agonists, in collaboration with Metsera.

“Two decades after our founding, Amneal has grown into one of the world’s most innovative and trusted pharmaceutical companies that develops, manufactures and supplies essential medicines. We have made meaningful strategic investments over the years to bolster our world-class R&D capabilities, production capacity and commercial infrastructure in India and globally. With these new facilities, we are proud to be at the forefront of developing and manufacturing innovative, branded medicines at scale in India, which will supply the local market and the rest of the world,” said Chirag and Chintu Patel, Co-Founders and Co-Chief Executive Officers.

Key highlights about Amneal’s operations in India include:

·         Amneal is investing USD$150 million to $200 million for the two new facilities in Ahmedabad and has invested approximately USD$600 million in India over the past 10 years. Amneal’s eight existing manufacturing facilities in India include four dedicated to injectables; two dedicated to active pharmaceutical ingredients; and two dedicated to oral solid dosage products. These facilities have tremendous capacity, collectively producing up to approximately 60 million units of injectables and 8.5 billion tablets annually. The USD$600 million in India investments to date reflects capital investments, acquisitions, and research and development related investments.

·         Amneal is proud to have more than 5,500 talented team members in India dedicated to key functions including research and development, regulatory, manufacturing and supply chain. The Company’s new facilities and investment will create additional advanced manufacturing and R&D jobs. People are the heart of everything Amneal does, and team members are family. Amneal’s culture is built on empowering team members in India and around the world to do the best work of their careers and ensuring that people feel supported through every stage of the employee lifecycle.

 

·         Amneal is deeply committed to providing innovative medicines in India. Over the past two years, Amneal has expanded its pharmaceutical portfolio for India to include hospital critical care, ophthalmology, diagnostics and specialty, including neurology and rare diseases, and oncology products. With the Metsera collaboration, the Company plans to introduce new products for metabolic diseases and obesity for Indian patients. Amneal continues to develop a customized innovative portfolio for the India market.

Additional information regarding Amneal’s strategic collaboration with Metsera is available here.

–          Launched at a starting price of INR 26,90,000 ex-showroom (Pan India)

–          Launched in two variants Superior and Premium powered by71.8 kWh and 55.4 kWh battery packs with 530 km and 420km of range NEDC tested, respectively

–          Comes with 6- and 7-seater options for comfort, luxury and versatility

–          The BYD eMAX 7 is a successor to the BYD e6 – the company’s first-ever electric passenger vehicle in India

 

BYD India, a subsidiary of the world-leading New Energy Vehicles (NEV) manufacturer BYD, today launched India's first 6- and 7-seater electric MPV – the BYD eMAX 7. The highly anticipated electric multi-purpose vehicle (MPV) is a beacon of innovation designed to cater to the progressive and eco-conscious family, revolutionising family mobility. The BYD eMAX 7 is set to succeed the highly successful BYD e6, packing advanced features and performance. One of the vehicle's notable changes over the outgoing model is theintegration of the 8-in-1 electric powertrain from BYD's highly acclaimed e-platform 3.0 and varied seating options.The BYD eMAX 7 is now available at BYD's exclusive showrooms at a starting price of INR 26,90,000 ex-showroom (Pan India).

The BYD eMAX 7 comes in two variants, Superior and Premium, with 6- and 7-seater options for both. While the Superior variant comes with a battery pack of71.8 kWh, the Premium variant packs a 55.4 kWh battery pack, returning 530 km and 420 km of range NEDC (New European Driving Cycle) tested, respectively. The Superior variant is capable of reaching 0-100 km/h in just 8.6 seconds and the premium variant does the same in just 10.1 seconds. The vehicle also boasts a wheelbase of 2,800 mm, which is one of the best in the MPV segment. The long range and long wheelbase of the vehicle ensures a comfortable ride for every family member. Assuring complete peace of mind, the company is also giving a comprehensive warranty on the car and its parts.

Warranty Content	Warranty Period (whichever comes first)
Traction Battery	8 years/160,000 kilometres
Motor & Motor Controller	8 years/150,000 kilometres
DC-DC Assembly, High voltage electric control assembly, OBC	6 years/150,000 kilometres
*For more details, please visit the https://bydautoindia.com/

 

Mr. Rajeev Chauhan, Head of Electric Passenger Vehicles (EPV) Business at BYD India, said:“The launch of the BYD eMAX 7 is testament to our unwavering commitment to innovation and sustainability. This electric MPV is not just a vehicle; it's a revolution in how progressive families experience travel. With its cutting-edge technology, exceptional comfort, and eco-friendly performance, the BYD eMAX 7 is set to raise the bar in the Indian electric vehicle market. We are excited to bring this modern, elegant eMPV to our customers and are confident that it will significantly enhance their driving, travel and ownership experience. We will always be committed to bringing the latest global innovation to our discerning Indian consumers.”

Design and Interiors:

The BYD eMAX 7 has an elegant yet commanding stance from outside with sleek aerodynamic lines.While the free-flowing body style exudes elegance on the road, the dragon-face facia of the BYD eMAX 7 presents an imposing stance from the front. The Crystal Diamond Floating LED headlights embody futuristic speed and energy aesthetics with their sleek and sharp design. The speedy dynamic wheel hub with 17-Inch alloy wheels further enhances the vehicle's authoritative presence.

The cabin of the BYD eMAX 7 is a modern marvel packed with advanced features. The neatly-designed dashboard and Black and Brown two-tone interior colours lend an ambience of luxury and space to the interiors. The BYD eMAX 7 offers enhanced comfort with its aesthetics that fully conforms to be ergonomically sound for the human body. The wider and longer cushion ensures a more comfortable driving experience. The vehicle offers an immersive and futuristic cabin experience with abundant room, front ventilated seats, a 12.8-Inch (32.5 cm) rotatable infotainment display, a 5-Inch (12.7 cm) advanced instrument cluster, a wireless phone charger and an elegant gear lever. The expansive 1.42 sqmpanoramic glass roof creates a sense of roominess in the cabin, further enhancing passenger comfort. The third row of the vehicle can be folded to create 580 L of boot space, ensuring ample space for cargo needs. The middle seats can also be split into 60:40 to maximise the boot space.

The BYD eMAX 7 is available with 4 exterior colour options – Quartz Blue, Cosmos Black, Crystal White, and Harbour Grey.

Advanced Technology:

The BYD eMAX 7 carries BYD's global legacy of advanced technology, embodying Blade Battery and the 8-in-1 electric powertrain from the globally acclaimed e-platform 3.0 of BYD. The company's Blade Battery is one of the most advanced technologies developed globally for electric vehicles. The distinctive feature of the BYD Blade Battery is the arrangement of battery cells in a blade-like formation, which increases the contact area between cells and electrical pathways, resulting in efficient heat transfer. Additionally, this unique design helps reduce the risk in the event of a vehicle collision. 

On the other hand, BYD's 8-in-1 electric powertrain is a system that integrates eight critical components into one, consisting of the motor, motor controller, reducer, on-board charger, DC converter, high-voltage distribution box, vehicle controller, and BMS (Battery Management System). This system is designed to optimise space utilisation and energy efficiency.

Additionally, the BYD eMAX 7 offers customers a range of convenience, and driver assistance features that make it a safe and convenient family car. The vehicle packs a range of safety features, including 6 airbags as standard, ABS, EPF, EBD and ADAS to name a few.

The BYD eMAX 7 also takes care of the New Energy needs of its customers with advanced technologies like VTOL and Regenerative braking. Powering a family camping outdoors or using it to power other electric equipment, the VTOL (Vehicle to Load) technology ensures maximum usability of the vehicle.

Convenience:

The BYD eMAX 7 is designed to make every family drive comfortable and full of entertainment. All the three rows of the vehicle have its separate AC vents and 2 Type A and Type C charging ports for the first two rows each. The 12.8-Inch (32.5 cm) intelligent rotating touch screen, a pinnacle of modern technology, hosts Android Auto and Apple CarPlay, ensuring seamless connectivity to customers' phones. At the same time, the immersive 6-speaker sound system adds a fun-filled element to the journey. In addition, the vehicle also hosts advanced convenience features like voice assistance, keyless entry, NFC card key, electric trunk opening, PM 2.5 filtration system, one touch up-down with anti-pinch for all 4-door windows and automatic air conditioning.

Pricing:

Variant	Battery Capacity	Seating option	Price (INR)
Premium	55.4 kWh	6	26,90,000
		7	27,50,000
Superior	71.8 kWh	6	29,30,000
		7	29,90,000

 

BYD has solidified its position as a global leader in the EV market, with over 2.3 million new energy passenger vehicles sold worldwide YTD (Year till Date) in 2024. Backed by its robust R&D capabilities, BYD has been at the forefront of driving the transition towards NEVs, offering an extensive range of electric vehicles, including passenger cars, buses, trucks, and more. With a presence in94 countries, BYD continues to set new benchmarks in sustainability, innovation, and quality.

 

BYD recently announced the roll out of its 9 Millionth NEV and is leading to 10 Million vehicles rapidly. This accomplishment comes just two months after BYD's 8 millionth NEV. The YANGWANG U9's selection for this milestone underscores BYD's advancement in luxury and performance segments.Each milestone marks a giant leap for BYD, and the journey continues as the company forges the legendary path of new energy vehicles globally.

 

BYD is a Fortune Global 500 enterprise that furnishes innovations in pursuit of a greener world. The company has demonstrated its market strength and commitment to excellence. This year, BYD is celebrating 11 years in the electric segment in India, having achieved significant success within the industry, and is now working towards building a complete 'Born EV' portfolio. BYD will continue accelerating the transition towards a greener future and contribute to its vision to 'Cool the Earth by 1°C'.

 

Information, details, and terms and conditions of the product can be found at (https://bydautoindia.com)

 

                                                                                                 

Citi announced the launch of the Citi Salutes India Chapter, the 18^th in the global Citi Salutes network and the first such network outside of the US and the UK. The Citi Salutes network seeks to create career opportunities for Armed Forces Veterans who have voluntarily retired from service and are seeking a transition into the corporate sector.

The launch of the India chapter was presided over by Rear Admiral Sundeep K. Verma, Naosena Medal, and Major General Ajay Singh Chauhan Shaurya Chakra, Sena Medal (Retd), Ashu Khullar, Citi India CEO and India and Indian Subcontinent & Banking Head, and Aditya Mittal Head-HR, Indian Subcontinent, and India Chief HR Officer.

 

Over the last few years, the HR and talent acquisition teams have made concerted efforts towards increasing the representation of veterans at Citi India, offering them a range of careers that go beyond conventional roles in operations and administration. In 2022, Citi and the Indian Naval Placement Agency (INPA) signed an MoU to explore opportunities for the recruitment of naval ex-servicemen at CSIPL. As on date, Citi has over 60 Armed Forces Veterans across its India employee base.

 

Veterans’ inclusion is an integral part of Citi’s Diversity Equity and Inclusion (DEI) mandate. Apart from the Citi Salutes India Network, Citi India has dedicated networks focused on ensuring inclusion and equity for women, as well as other underrepresented groups, like LGBTQIA+, and Persons with Disability.

 

In a joint statement released to commemorate the launch of the India Citi Salutes Network, the Co-Leads of Citi’s Diversity Inclusion Network Steering Committee Edward Skyler, who is also Global Head of Enterprise Services and Public Affairs at Citi, and Michael Steinbach, who is Global Head of GCB Fraud Prevention, said: “With the launch of this new chapter, we are not only growing our Salutes membership worldwide, but also creating opportunities for robust engagement with our Veteran colleagues in India. It will provide valuable support for the retention and long-term growth of Armed Forces Veterans in the country.”

 

Commenting on the occasion, Ashu Khullar said: “We truly value the skills and expertise that Armed Forces Veterans can contribute when they take on a corporate role. These skills have been garnered and honed during their stints with the Indian Armed Forces, which is an institution widely respected for its unwavering commitment to excellence. We will do everything necessary to ensure that more of them are able to join our ranks in the coming years.”