AVIVA SIGNATURE GUARANTEED INCOME PLAN Named ‘Product of the Year 2024’ in Life Insurance
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AVIVA SIGNATURE GUARANTEED INCOME PLAN Named ‘Product of the Year 2024’ in Life Insurance

New Delhi, 06 August 2024: Aviva Life Insurance, India’s most trusted private life insurance company is happy to announce that its Aviva Signature Guaranteed Income Plan has been awarded the prestigious “Product of the Year 2024” in the Life Insurance – Guaranteed Income Plan category. The accolade, part of the 16th edition of Product of the Year, is a testament to Aviva India’s commitment to product innovation and excellence in meeting consumer needs.

Product of the Year is the world’s leading consumer-voted award for product innovation, recognizing the best and most innovative products across various categories. Product of the Year (POY) is selected through consumer research conducted by Neilson across India to identify innovation through a 100% face to face consumer voting via an in-depth survey. This research is the direct outcome of the pulse of consumers in India and follows a robust methodology.

Commenting on the recognition, Mr. Asit Rath, CEO & MD, Aviva India said, “We are honored to receive the Product of the Year award for our Aviva Signature Guaranteed Income Plan. This recognition is a testament to our relentless focus on innovation and our commitment to providing our customers with products that truly make a difference in their lives. At Aviva India, we believe in a holistic approach to wellness. Aviva Signature Guaranteed Income Plan not only ensures financial security but also supports overall well-being by providing peace of mind and stability for our customers’ future. We thank our consumers for their trust and support and we remain dedicated to delivering exceptional value and financial security to Indian families. Congratulations to all the winners!”

Commenting on the winner announcement, Raj Arora, CEO, Product of the Year India, said, “We are pleased to acknowledge Aviva India for winning the Product of the Year Award in the Life Insurance – Guaranteed Income Plan category. This recognition highlights Aviva India’s dedication to providing innovative and customer-centric financial solutions. Congratulations to the Aviva India team on this well-deserved accolade.”

The Aviva Signature Guaranteed Income Plan is a premier life insurance product designed to provide policyholders with a secure and predictable income stream. This plan offers guaranteed payouts starting as early as 2nd policy anniversary, ensuring financial stability and peace of mind for the long run. With flexible premium payment options and attractive benefits, it is tailored to meet diverse financial goals of Indian families, including retirement planning, children’s education, and long-term wealth accumulation.

Aviva Signature Guaranteed Income Plan is part of Aviva’s innovative Signature series that includes Aviva Signature Monthly Income Plan for lifelong retirement income, Aviva Signature Investment Plan- Platinum for market linked wealth creation, and Aviva Signature 3D Term Plan, their flagship term insurance plan. With a customer centric and innovative product portfolio, Aviva India is confident in winning more such laurels and serving their customers for the long run.

Aster CMI Hospital offers Technology-Driven Solutions for Diabetic Foot Management
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Aster CMI Hospital offers Technology-Driven Solutions for Diabetic Foot Management

Bangalore, August 06, 2024 – To commemorate National Vascular Disease Awareness Day, Aster CMI Hospital introduces inauguration of dedicated Diabetic Footcare Clinic (DFC) with cutting-edge technology. By leveraging Artificial Intelligence and 3D CAD, the clinic offers a comprehensive services to prevent and manage various issues related to diabetic foot, thereby significantly reducing amputation risk and enhancing patients’ quality of life.

Diabetes is a leading cause of amputations worldwide, often stemming from foot ulcers. Traditional methods of managing diabetic footcare have limitations, often resulting in suboptimal outcomes. Aster CMI Hospital’s DFC aims to address this critical issue by offering a comprehensive and patient-centric solution.

By meticulously scanning patients’ feet and analyzing the data through AI algorithms, the clinic creates customized footwear that offloads pressure from vulnerable areas, preventing ulcer formation and promoting healing. This innovative approach significantly reduces the risk of amputations and improves the overall quality of life for diabetic patients.

“India is grappling with a diabetes epidemic, marked by alarming rates of subsequent foot ulcers and amputations. Our new Diabetic Footcare Clinic is a significant development in addressing and preventing complaints related to diabetic foot ulcers. By combining advanced technology with expert care, we aim to prevent associated complications and enhance the quality of life for countless diabetic patients. Our vision is a future free from diabetes-related amputations,” said Dr. Krishna Chaitanya, Lead Consultant – Vascular and Endovascular Surgery, Aster CMI Hospital.

The Diabetic Footcare Clinic also offers comprehensive diabetic foot care services, including wound management, vascular assessments, and patient education. By addressing the multifaceted nature of diabetic foot disease, the clinic aims to prevent complications and improve patient outcomes.

Commenting on the occasion, Dr. Nitish Shetty, CEO, Aster DM Healthcare India said, “Diabetic Footcare Clinic marks a significant milestone for us. We are setting a new standard for diabetic foot management and our strategic focus will also be on this domain given the extensive spread of the disease in India. This clinic is a testament to our commitment to healthcare excellence in diabetes foot care.”

“The Diabetic Footcare Clinic exemplifies Aster CMI Hospital’s dedication to a comprehensive tech-solution to diabetes-related foot crisis. We aim to prevent life-altering complications and enhance the quality of life for individuals living with this debilitating ailment. The objective is to create a secure and enjoyable future for patients where diabetes doesn’t impede mobility or independence,” said S Ramesh Kumar, CEO at Aster Hospitals Bengaluru.

First Samsung Innovation Campus Graduates 250 Students in Coding & Programming
Neel Achary business
First Samsung Innovation Campus Graduates 250 Students in Coding & Programming

Bengaluru, August 06, 2024: Samsung has awarded certificates of completion to its first batch of 250 students of its flagship CSR programme, Samsung Innovation Campus at Sri Krishnarajendra Silver Jubilee Technological Institute, Bengaluru. The students were all from the course in Coding & Programming. Through the programme, Samsung has committed to being a strong partner […]

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Capital Small Finance Bank and Edelweiss Life Insurance enter into strategic partnership
Neel Achary business
Capital Small Finance Bank and Edelweiss Life Insurance enter into strategic partnership

August 06, 2024: Capital Small Finance Bank Limited (“Capital SFB”), India’s first Small Finance Bank and Edelweiss Life Insurance announced their strategic partnership in Mumbai. This collaboration will enable Capital Small Finance Bank’s diverse customer base to access Edelweiss Life Insurance’s comprehensive suite of life insurance products, thereby meeting their need for financial security. Mr. […]

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Shree Cement delivers steady Q1 performance
Neel Achary business
Shree Cement delivers steady Q1 performance

Mumbai, August 6, 2024 – Shree Cement, India’s third largest cement group by capacity, announced its financial results for the quarter ended on 30 June, 2024. The Company reported ₹4,835 crore of revenue and ₹ 916 crore of EBITDA. Financial Highlights (Standalone) Particulars Quarter ended 30th June, 2024 30th June, 2023 % Change Net Revenue from Operations 4,835 […]

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CBRE partners with Elan Group for comprehensive facilities management of four malls in Gurugram
Neel Achary business
CBRE partners with Elan Group for comprehensive facilities management of four malls in Gurugram

August 06th, 2024 – CBRE South Asia Pvt. Ltd, India’s leading consulting firm, today announced its partnership for comprehensive facilities management of four Elan Group malls in Gurugram. This strategic partnership highlights CBRE’s dedication to delivering exceptional experiences for both tenants and shoppers at these premier locations. The contract, valued at INR ₹7.5 crore has […]

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STAAH’s new ‘Day-use’ room feature enables hotels to diversify revenue stream
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STAAH’s new ‘Day-use’ room feature enables hotels to diversify revenue stream

Mumbai: August 6th, 2024 – STAAH, a leading New Zealand-based hospitality solutions provider that has transformed the business processes of its partner hotels in India and across the world with its stack of hospi-tech solutions, has launched yet another feature that will benefit both travellers as well as hotels.

STAAH’s ‘Day-use room’ feature enables travellers, especially business travellers, to reserve short-term stays at hotels during long layovers between flights rather than endure extended waits in airport lounges. The feature also empowers hotels to attract this new breed of customers, enhance the overall guest experience and generate an additional revenue stream.

Day use rooms are designed to cater to the needs of travellers who require a comfortable space for a portion of the day, rather than an overnight stay. They are becoming increasingly popular and are much in demand these days, as they allow hotels to capitalise their room inventory during quieter periods.

“The evolving needs of travellers today are driving our partner hotels to adapt and cater to new demands. Our new ‘Day-use’ room feature fits right in as it caters to these shifts in the hospitality sector. Hotels can cash in on a new revenue stream coming in from short-term stays, and travellers can benefit from convenient booking processes and clear communication channels via our platforms like SwiftBook,” said Shoaib Ali, the National Sales Head of India, STAAH.

Travellers jet-setting between cities in India and across the world are reserving day-use rooms to freshen up, catch up on work emails, and even rest while on short business trips or before continuing on their journey. They prefer a few hours’ stay at the hotel to also ensure that their luggage is secure while they go about exploring the city.

Geninnov Appoints Susan Gilbertson As Strategy Advisor In The US
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Geninnov Appoints Susan Gilbertson As Strategy Advisor In The US

New Delhi 06 August 2024 – GenInnov, an innovation-focused global asset management platform, announced the appointment of Susan Gilbertson as Strategy Advisor in the US as it looks to focus on its expansion in the US and its financial services platform.

 Ms. Gilbertson will provide strategic input and expertise alongside Nilesh Jasani, CEO of GenInnov and Chief Portfolio Manager of LC GenInnov Global Innovation Fund, a long-only, innovation-focused, thematically diversified fund. The LC GenInnov Global Innovation Fund was launched by global investment institution Lighthouse Canton earlier this year and invests in companies poised for growth in the GenAI era.

 Ms. Gilbertson has over 35 years of experience in global financial markets. Most recently she was the Head of US Equity Research at Mizuho Securities, USA and a member of the US Equities Operating Committee. Mizuho Financial Group in Japan is among the top 3 financial groups in Japan and top 15 largest financial institutions globally. Prior to that she was at Jefferies for 14 years, as the Deputy Global Head of Equity Research. Jefferies is consistently ranked among the Top 10 in the Americas. Ms. Gilbertson is the CEO and Founder of Susan Gilbertson Enterprise (SGE), which provides advisory and consultant services to financial firms looking to grow sustainably with a focus on strategy, organizational structure and team building. She has an MBA from the UCLA Anderson School of Management and a BSc in Banking & International Finance from The Cass Business School, London, England.

 “I am excited to welcome Susan as an adviser to GenInnov,” said Mr. Jasani. “Her appointment reinforces GenInnov’s commitment to provide innovative, differentiated, and flexible investment opportunities in Asia and the US.”

 “GenInnov is at the forefront of innovation in the Asset Management Industry, combining the latest in GenAI technology with fundamental financial analysis,” said Ms. Gilbertson. “I am honored to be a participant in GenInnov’s growth and at the opportunity to partner once more with Mr. Nilesh.” Mr. Jasani and Ms. Gilbertson worked together prior in research management at Jefferies, the global investment bank.

 The LC GenInnov Global Innovation Fund is led by Mr. Jasani, an industry veteran with over three decades of market experience and a subject matter expert on GenAI. It aims to capitalise on the rapid innovation and its market opportunities, expecting significant wealth creation in sectors like biotech, healthcare, robotics, mobility, wearables, and clean tech.

 Mr Jasani is based in Singapore and is a highly experienced and respected Asia equities industry professional. Most recently, he headed Jefferies Asia Equities and in 2010 was hired to build and lead Jefferies Asia Equity Research. Prior to Jefferies, Mr Jasani was hired in 2007 to build Credit Suisse’s India research team which was one of the top which was ranked one of the top-ranked research teams across various industry polls in 2009 and 2010, with Mr. Jasani individually receiving the highest accolades in his macro domains. Given his extensive experience in Asia financial markets and deep business connections in Korea, Taiwan and IBM, Mr Jasani has a front row seat to the disruptive innovation coming out of Asia and a proven ability to identify the top global investment ideas in innovation.

Tenable Launches Advanced Vulnerability Intelligence and Response to Tackle Top Threats
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Tenable Launches Advanced Vulnerability Intelligence and Response to Tackle Top Threats

New Delhi, 6th August, 2024 – Tenable®, the exposure management company, today announced the release of Vulnerability Intelligence and Exposure Response, two powerful context-driven prioritization and response features available in Tenable Vulnerability Management, Tenable One and Tenable Cloud Security. The combined power of these features contextualises vulnerability data from internal and external sources, enabling organisations to close the exposures that pose the greatest risks to their businesses.

Gavin Millard Tenable

Cybersecurity teams are inundated with troves of fragmented vulnerability and threat intelligence data, but Tenable Research reveals that only 3% of vulnerabilities most frequently result in impactful exposure. Tenable’s new capabilities (Vulnerability Intelligence and Exposure Response) help enable customers to pinpoint these key vulnerabilities with rich context, curated by Tenable Research, and close risky exposures.

“Without threat context and research insights, every vulnerability is a priority, creating a high-stress, low efficiency whack-a-mole scenario for security teams,” said Tenable’s Gavin Millard, VP of product management for Vulnerability Management. “Tenable is unleashing more than two decades of carefully curated exposure data to enable security teams to focus on the risk that matters most to their organization and communicate succinctly to stakeholders. The enriched intelligence and contextualisation takes prioritisation and response to a new level, providing security teams with the critical data needed to identify and reduce risk.”

In the last two decades, Tenable has collected and analysed 50 trillion data points on more than 240,000 vulnerabilities, capturing detailed vulnerability information and deep context. This enriched database supercharges Tenable Vulnerability Intelligence, enabling efficient proactive defence. Backed by the expertise of Tenable Research, Vulnerability Intelligence integrates comprehensive vulnerability sources designed to streamline data analysis and enable security teams to quickly understand vulnerability details. With comprehensive, action-oriented workflows from Exposure Response, security teams can prioritise asset exposures based on criticality, monitor remediation trends against SLAs and track progress against desired outcomes. This will help customers ensure resources are used efficiently, reduce risk and communicate value to stakeholders in business terms.

Vulnerability Intelligence and Exposure Response are available to Tenable Vulnerability Management and Tenable One customers, empowering proactive security for the modern enterprise. Vulnerability Intelligence is also accessible directly from Tenable Cloud Security. Key features include:

Threat Landscape Overview – Seven curated exposure risk categories provide a unique way to proactively surface key exposures that warrant further review by highlighting CVEs under CISA known exploits, active exploitation, ransomware campaigns, emerging threats in the news and more.

Natural Language and Advanced Search – Easy to use search function that enables security teams to search for specific vulnerabilities by CVE number or common name, review distilled knowledge available on a vulnerability and surface impacted assets quickly. Buildable advanced query that enables security teams to zero in on high-impact vulnerabilities by identifying groups of vulnerabilities based on VPR key drivers, common vulnerability scoring system (CVSS) metrics and Tenable Research metadata.

Campaign-Based Initiatives: Targeted campaigns and business segments using an end-to-end workflow that streamlines prioritisation and mitigation of critical vulnerabilities, designed to promote efficient use of resources and improved security outcomes.

Progress Tracking and Advanced Reporting: Advanced reporting capabilities provides clear accountability and visibility into remediation efforts and detailed reports on vulnerability trends, empowering data-driven decision-making and proactive security improvements, such as identifying bottlenecks, assisting with resource allocation and facilitating data-driven decisions.

ISRO Immersion Challenge on AI for Space Innovation held at IIITH
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ISRO Immersion Challenge on AI for Space Innovation held at IIITH

Hyderabad, 6th August 2024: ISRO-NRSC and IIIT Hyderabad organized an AI for Space Immersion Program for startup and research-student teams nationwide. This day-long event held on Saturday brought together a dynamic community of startups, students, researchers, and industry experts to foster innovation and explore the transformative potential of artificial intelligence in the space sector.

Ideas were reviewed by the scientists and guidance was given to refine and improve the ideas, CIE-IIIT Hyderabad and ISRO with support from IN-SPACe organized this innovation event to seed interesting new ideas and solutions for space. Through interactive ideation sessions, mentorship from ISRO scientists, interaction with IIITH faculty, pitch workshops, and inspiring talks, the participants had the opportunity to validate their ideas and connect with potential mentors and investors. The speakers at the inaugural and finale included Anand Rajagopalan of TM2Space, Naga Bharath of Skyroot, Vinod Bothala (Outstanding Scientist) of ISRO, Vijaya Bhanu (Director PD) of IN-SPACe, KV Ramana (Dep Director) of NRSC-ISRO, P J Narayanan (Director) of IIITH

The ISRO Immersion Challenge witnessed robust participation with 177 applications received. Of these, 74 teams were invited for the immersion. The final 6 ideas included Green Propulsion for satellite delivery, AI-powered precision Rocket Control, Autonomous Swarm for Space Debris Cleanup, Precision Agriculture through crop surveys for accurate agricultural insights, and Democratizing Geospatial Data through a chat interface. The final winners were Expanse Cosmos (a startup based in Delhi) and Team Trishul (a student team from Chandigarh).

Prof CV Jawahar, Dean at IIIT Hyderabad said, “CIE at IIIT-H is an initiative to nurture innovations and startups based on support from research. We are very happy that ISRO and IIITH enabled this convergence of scientists, faculty, research students, startups and space enthusiasts to collectively come up with very interesting deep tech-based solutions for spac