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National Start-up Day: Vedanta Aluminium showcases its digital innovations in collaboration with startups

New Delhi, 18th January 2024: On National Startup Day, Vedanta Aluminium, India’s largest producer of aluminium, is celebrating its collaboration with nearly 60 cutting-edge technology startups on 90 diverse projects. Going beyond conventional notions of manufacturing, the company is utilising Industry 4.0 technologies such as Artificial Intelligence (AI), Natural Language Processing (NLP), Machine Learning (ML), Drone technology, Computer Vision, Robotics and more, to drive operational excellence and innovation across its functions.

In celebration of National Startup Day, the company invited several leading startups for a multifaceted knowledge-sharing session to showcase the successful outcomes of their collaboration and demonstrate the impact of emerging technologies across Vedanta Aluminium’s critical operations. These include diverse scenarios such as the company’s smelters, alumina refinery, power plants, mines, material handling, supply chain, and HSE (Health, Safety, and Environment) practices.

Aligned with the ethos of ‘Startup India’ and ‘Make in India’, this endeavour was an integral facet of the company’s initiative, Vedanta Spark, a unique global corporate innovation, accelerator, and venture program that empowers startups to create large-scale impact by leveraging transformative technologies to solve business challenges at scale. Under the Vedanta Spark project, Vedanta Aluminium has fostered partnerships with deep tech startups for projects like predictive and prescriptive analytics to enhance operational efficiency in smelters, IOT solutions for continuous monitoring of critical production parameters, advanced modelling for quality control of finished goods, startup optimization of power plants, AR/VR/XR simulations for safety training of employees, drone-based surveillance, and many more.

Speaking on the occasion, Mr. John Slaven, CEO, Vedanta Aluminium said, “The rise of India’s economy to global prominence is fuelled by its youthful dynamism and unwavering entrepreneurial zeal. The nation is home to one of the world’s most thriving startup and entrepreneurial ecosystems. As India’s largest producer of aluminium, Vedanta Aluminium complements the relentless drive radiating from these startups, leading to collaborative efforts for global excellence. With aluminium emerging as the cornerstone for a sustainable future, our path to exponential growth relies on being digital-first and future-ready. Therefore, we actively collaborate with tech startups, infusing cutting-edge technologies and global expertise to elevate our manufacturing and operational excellence.”

Commenting on the collaboration, Raju Yadati – Founder & Director, Glovision Techno Services Pvt. Ltd. says, “At Glovision, we build cutting-edge cloud-based IOT applications for Vedanta Aluminium to optimize logistics and transportation, thereby contributing to safer and more productive mining operations. It has been our privilege to work with the company.”

Adding his views, Himanshu Srivastava, Director – Customer Success, ZestIOT, “We have deployed our propriety deep tech AI/ML algorithms which are used at the company’s Jharsuguda smelter operations to enhance accuracy and transparency in critical operations. We thank Vedanta Aluminium for their mentorship, which has been invaluable.”

To cultivate a culture of innovation and transform employees into intrapreneurs, Vedanta Aluminium has established ‘Innovation Cafés’ across its business units. These vibrant spaces serve as incubators for passion projects, where employees and business partners collaborate to tackle diverse business challenges, pooling internal expertise and producing innovative solutions. Simultaneously, the company actively nurtures an extensive ecosystem of rural and micro-entrepreneurs in its operational regions, which lie in the hinterlands of the nation. Vedanta Aluminium’s expansive value chain, customer network, and supplier network have not only fostered numerous MSMEs but have also elevated many to the status of valued suppliers and esteemed business partners for the company, helping them become a part of the global value chain.

Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.29 million tonnes in FY23. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 2^nd in the Dow Jones Sustainability Index (DJSI) 2022 world rankings for aluminium industry, a reflection of its sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow. www.vedantaaluminium.com

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ACC takes Bold Steps to Improve Water Governance and Management for Upliftment of Rural Communities Across the Nation

18th January 2024: ACC, the cement and building material company of the diversified Adani Group, has taken a transformative yet sustainable approach to improve the quality of life in India’s villages through water and land management. By conserving and managing water and soil resources, the company aims to regenerate degraded landscapes, conserve biodiversity, enhance crop production, and expand sustainable livelihood opportunities. It recognizes that effective water governance is crucial in achieving these goals.

ACC has been able to promote ecosystem-based integrated watershed development and facilitate efficient water management through the numerous water stewardship initiatives undertaken by them. One of the key activities include the construction and repair of 32 dams and counting. In addition, they also constructed 72 gabion structures to help prevent erosion and promote soil conservation.

ACC has also focused on excavation and de-siltation of ponds, naalas, and rivers and have completed 59 such projects under this category. Moreover, they also constructed 1,400 metres of irrigation channels that act as reliable sources of water supply to agricultural lands. To further enhance water storage capacity, the company has constructed around 55 structures of water storage tanks and farm ponds. They have also constructed 17 recharge pits and ditches to facilitate groundwater recharge and prevent water runoff.

ACC has achieved remarkable outcomes and impact under the water governance and management initiative. This includes development of water harvesting capacity of 19,57,574 cubic meters, which benefits 12,852 farmers and 41,184 individuals. Moreover, 5,356 hectares of land have come under irrigation, enabling farmers to improve agricultural productivity and secure their livelihoods. ACC has also contributed to the recharging of 391 bore wells and wells, further ensuring the availability of water resources for the community.

Mr. Ajay Kapur, CEO, Cement Business, said, “We believe that sustainable water governance and management is pivotal in addressing the existential threat rural communities’ face due to climate change. We have taken significant steps to not only conserve and manage water and soil resources, but also to revitalise degraded landscapes and protect biodiversity. There is a deep sense of satisfaction in knowing that we are making a positive impact on the lives of farmers and communities through initiatives such as ecosystem-based integrated watershed development and proficient water management.

ACC and Adani Foundation remain committed to water conservation, sustainable land management, and effective water governance, and continues to lead the way in improving the quality of life in India’s villages.

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Blitz 2024: Happiest Minds Annual Tech Fest, A Celebration of Innovation

Bengaluru, 18th January, 2024: Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a ‘Born Digital . Born Agile’, Mindful IT Company, organized the 7^th edition of its Annual Tech Fest – Blitz 2024 at St. John’s Auditorium, Bengaluru, on Thursday, 11^th Jan 2024.

The theme for this year’s Blitz, “Ignite Inspire Innovate”, perfectly encapsulated the company’s technology mission and ignited a spark of creativity and innovation in 5000 plus Happiest Minds. The teams from Electronic City and Madivala campuses of Happiest Minds joined the celebration at St. John’s Auditorium. Happiest Minds from all other locations – Noida, Pune, Bhubaneswar, Madurai, and Coimbatore, joined the celebration virtually and had cultural events and celebrations in their respective locations.

The Blitz Finale was inaugurated by Ashok Soota (Executive Chairman), Venkatraman Narayanan, (MD & CFO), Joseph Anantharaju ( Executive Vice Chairman), Ram Mohan (President & CEO of IMSS), Sridhar Mantha (President & CEO of GBS), Priya Kanduri (Senior Vice President & CTO, IMSS), Aurobinda Nanda (President – Operations & Deputy Chief Executive Officer, PES) and the Chief Guest, Dr. Kris Gopalakrishnan. Dr. Kris is the Chairman of Axilor Ventures, a Co-founder of Infosys, and the President of the Infosys Science Foundation (ISF). Kris is also the Chairman of the Council of IISc, Chairman of BoG of IIIT Bangalore, and Chairman of RBI Innovation Hub.

During his welcome address, Joseph Anantharaju greeted the audience and emphasized the importance of technology for business growth and touched upon the journey of Blitz since its inception in 2014. Dr. Kris spoke about the role of technology in his life, and the importance of reading and the readiness to keep learning in his keynote address. The tech note, a tradition of Blitz, was delivered by Sridhar Mantha and he elaborated on ‘Top 10 Strategic Technology Trends 2024’.

Ashok Soota, in his valedictory address, appreciated the entire team for pulling off ‘the best Blitz ever’ and elaborated on his vision for the company, encouraging everyone to be a salesperson.

Blitz 2024 – The winning team Trailblazers

The Blitz Grand Finale was the culmination of 11 events, Booths, Ideation, One Minute Video/Talk, Tech Debate, Innovation Talks & Events, Tech Quiz, Technical Whitepapers, Hackathons, Question of the Week/Day, Vlog (Women Only), and Treasure Hunt with various cultural events and award distributions. This year’s Blitz saw active participation from all locations, and Team Trailblazers emerged as the Champions of Blitz 2024, securing 644 points.

Blitz 2024 – Booth Day

Blitz booths, held on Jan 10^th, 2024, had 25 booths showcasing ideas, prototypes and working models based on the most recent technologies such as Generative AI, digital twin, cyber security, and many more. ‘iShop – Shopping Made Interactive’ won the first place for its innovative ideation and engaging presentation. The first runner-up was Digital Twin for Industrial Applications, and the second runner-up was Automotive ECU Test Automation Framework.

Prizes for all winners were distributed by Joseph Anantharaju, Venkatraman Narayanan, Ram Mohan, Aurobinda Nanda, Raja Sekher, Sridhar Mantha, and Priya Kanduri.

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Naina The AI superstar launches India’s first AI podcast titled The nAIna Show

Mumbai 18th January, 2024 India is set to witness a revolutionary moment in the digital entertainment space with the launch of ‘The nAIna Show’, a unique and groundbreaking series hosted by Naina, India’s first AI superstar. This podcast marks a significant milestone as the country’s first AI-driven podcast series, featuring in-depth and insightful interviews with some of the most celebrated personalities in the entertainment industry.

The guest list includes Sobhita Dhulipala, Sanya Malhotra, Richa Chadha, Saiyami Kher, Esha Deol, Hansika Motwani, Ridhima Pathak, Nargis Fakhri, Kritika Kamra and many more.

Naina, known for her remarkable AI capabilities blended with a uniquely Indian perspective, will engage with celebrities from various fields, including Bollywood, sports, music etc. This platform offers an unprecedented opportunity for fans to experience their favorite stars through the lens of advanced artificial intelligence.

The podcast series aims to delve deep into the lives, careers, and personal stories of these celebrities, providing listeners with a rare and intimate experience. Naina‘s ability to analyze and ask thought-provoking questions promises to bring out the most candid and engaging responses from her guests.

Listeners can expect a blend of insights, emotion, and humor in each episode, making ‘The nAIna Show’, not just an entertainment venture but an enlightening journey into the minds of India’s most influential figures.

The podcast will be available on Naina’s and Pop Diaries’ YouTube channels, ensuring easy access for audiences worldwide. It’s interactive format will also allow listeners to submit their questions and comments, creating an engaging experience.

Naina‘s foray into podcasting is not just a technological marvel but a cultural phenomenon, showcasing the potential of AI in reshaping media and entertainment. This series is a testament to India’s growing prowess in the field of artificial intelligence and its application in creative industries.

Stay tuned for the first episode of ‘The nAIna Show’, where Naina, the AI superstar, takes the art of conversation to a new level, redefining the way we engage with media and technology. The podcast promises to be a trailblazer in the digital era, seamlessly integrating AI innovation with the rich tapestry of Indian culture and celebrity stories.

Link to the trailer – https://youtu.be/-gLQTo5ryfo?si=__CZXX-XGJDZb1Ji

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Davaindia’s National Expansion Propels Growth in India’s Thriving Retail Pharmacy Market Set to Reach $40.19 Bn by 2030

New Delhi, 18 January 2024: Davaindia, India’s largest private generic retail pharmacy chain is poised for a substantial contribution to the burgeoning national retail market, projected to reach $40.19 billion by 2030 at a robust 9.9% CAGR from 2022. Recognized as a key influencer in this dynamic landscape, Davaindia is strategically expanding its operations nationwide, with a focus on massively ramping up the footprint in the upcoming fiscal year.

Responding to the evolving retail pharmacy landscape driven by the advent of technology, Davaindia is adopting an Omni Channel approach to provide customers with a seamless shopping experience. The company envisions transforming retail pharmacy spaces into experiential centers, featuring pharmacies, tea cafes, play areas, and petrol pumps, redefining conventional retail experiences to align with evolving consumer expectations.

Dr. Sujit Paul, Group CEO – Zota Healthcare Ltd., the parent company of Davaindia, emphasizes the transformative journey, stating, “We are not just expanding our footprint; we are redefining the very essence of healthcare retail. At Davaindia, our commitment goes beyond providing medicines – we are creating experiential centers of well-being, embracing innovation, and fostering a sense of community. Our vision is to be more than a pharmacy; we aim to be a trusted partner in the health and happiness of every individual we serve.”

Innovating its growth strategy, Davaindia is also looking to explore various hybrid models keeping in tune with customers’ expectations.

In response to the heightened demand for wellness products post-COVID, Davaindia has diversified its product range, focusing on generic medicines, ayurvedic products, and medicinal devices, positioning itself as a comprehensive healthcare solutions provider catering to changing consumer preferences.

Mindful of evolving demographic and economic dynamics, Davaindia is consciously expanding its retail pharmacies across tier 2 and tier 3 cities, prioritizing accessibility for a broader audience. With 700+ stores nationwide, including a significant presence in North, East, South, and West India, Davaindia’s extensive store distribution underscores its commitment to reaching diverse communities and providing unparalleled healthcare solutions throughout the country.

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P&G India Employees in Hyderabad Run a Marathon To Support Children With Disabilities

Hyderabad, January 18, 2024: More than 300 employees from the manufacturing plant of Procter & Gamble India (P&G India) – maker of brands like Tide, Ariel etc. – recently organized and participated in a marathon to support Children With Disabilities, in line with the Company’s endeavor to drive inclusion for People With Disabilities.

For every employee that participated in the marathon, the company had announced a dedicated amount for contribution. Collectively, this endeavour raised INR 3 Lakh, and the sum was then then committed to the NGO – Shankar Foundation which facilitates the education and holistic development of People With Disabilities, including children, to help them reach their full potential. The funds will be used by the foundation to procure computers and sports equipment to enable learning and holistic growth of over 100 children with disabilities.

Sumit Rana, Plant Head – Hyderabad Manufacturing Plant, P&G India said, “At P&G, we believe in our responsibility to positively impact the communities we serve and where we operate. We’re making progress each day, and recognize we have work to do to make our company, brands, and services even more inclusive and accessible to the diverse set of consumers we reach. Our employees partner with us in bringing this to life, like they did for this event. Their passionate participation has helped us create an opportunity to contribute to children with disabilities in their holistic development. In line with this belief, we are delighted to have run for a special cause, in partnership with Shankar Foundation.”

The marathon was organized as part of a sports fest organized by the Company to promote health and fitness among its employees working at the plant. The sports fest included various indoor and outdoor sports like Carrom, Table tennis, Badminton, Volleyball, Cricket, among several others.

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NAREDCO’s 16th National Convention will Shape Realty’s Future in India: G Hari Babu

Mumbai, 18th January, 2024: The National Real Estate Development Council (NAREDCO) is set to host its 16th National Convention on February 2nd and 3rd, 2024, at Hotel Taj Palace in New Delhi. Themed ‘Fostering Trust with Transparency: Pathway 2047’, the convention aims to bring together key stakeholders, including government officials, industry leaders, and investors, to gain insights into the dynamics of growth and transformation in India’s real estate sector.

The convention will serve as a platform to explore various facets of the sector, focusing on adapting to new-age trends and technologies. It will feature insightful discussions on government support, affordable housing, the impact of RERA, financing options, technology integration, and investment opportunities, along with a dedicated session on India Vision@2047. The convention is supported by KPMG, which is also its Knowledge Partner.

G Hari Babu, National President of NAREDCO, “emphasized the importance of collaboration in unlocking the full potential of India’s urbanization. He stated, “By working together, we can create sustainable, liveable, and inclusive cities that foster business growth, promote social equity, and enhance the quality of life for all citizens. We look forward to fostering collaboration between the government and private sector stakeholders to ensure sustainability and pave the way for a thriving real estate industry that positively impacts the broader economy. Let us join hands to build a brighter future for India.”

Mr. Sandeep Runwal, President of NAREDCO Maharashtra said,”The real estate sector is crucial for Maharashtra and the country, driving economic growth and creating jobs. This national convention is a platform for discussing how real estate impacts our economy and how we can find new and smart solutions. It is not just about buildings – it is about creating a domino effect that boosts employment and supports ancillary industries. Together, we aim to come up with ideas that go beyond the usual, making sure our progress is sustainable and benefits everyone.”

Dr. Niranjan Hiranandani, Chairman of NAREDCO, “highlighted the convention’s role as a catalyst for transforming India’s real estate sector. He mentioned that the event would focus on issues such as liquidity crises, stressed assets, and insolvency, while exploring policy reforms like the Rental Housing Policy and a commitment to net-zero goals. The importance of alternative financing through Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (INVITs) was also underscored.”

Mr. Rajan Bandelkar, Vice Chairman of NAREDCO, “emphasized the real estate sector’s role as a crucial economic driver with a multiplier effect on employment and linkages with ancillary industries. He noted that the convention serves as a platform for networking, learning, and collaborative efforts, which are pivotal in unlocking India’s urbanization potential”.

In addition to discussions, NAREDCO will advocate for the government’s proactive role in promoting affordable housing. It will request the introduction of a home loan interest rate subvention scheme and demand concessions in the prices of construction materials, such as cement and steel, for affordable housing projects. These measures aim to incentivize and facilitate the development of the much-needed affordable housing segment

18 JAN 2024

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Aarize Group ropes in Bollywood star Tiger Shroff as Brand Ambassador

Gurugram: Aarize Group takes pride in introducing the popular and versatile actor Bollywood actor Tiger Shroff as their official brand ambassador, a move that blends Aarize’s innovation with Tiger’s dynamism, creating a potent force ready to propel the brand to unprecedented heights.

With many blockbuster hits like War, Student of the Year 2, Heropanti, Baaghi, Tiger Shroff’s impeccable energy and acting prowess mirrors the crafted ethos of Aarize Group, making him the perfect envoy to embody the brand’s values. Aarize Group believes Tiger Shroff’s charisma and authenticity will strike a chord with the audience, fostering trust and a deeper connection with the brand. Also, his determination and vitality to consistently enhance and excel resonate seamlessly with the ethos of the Aarize brand.

In his ambassadorial role, Tiger Shroff becomes the face of Aarize Group’s commitment to crafting realty and representing a discerning lifestyle. His influence will extend across diverse media platforms, events, and collaborations, reinforcing Aarize Group’s market presence.

“We are thrilled to welcome Tiger Shroff to the Aarize family. His passion, energy, authenticity, and wide-reaching influence align perfectly with our brand values of Aarize which firmly believes in crafting ultra luxury realty in every segment. We believe that his involvement will further strengthen our connection with our audience and drive the continued success of Aarize Group,” said Aman Sharma, Founder & Managing Director at Aarize Group.

Tiger Shroff expressed his excitement about the partnership, stating, “I am honored to be part of the Aarize Group family. Their commitment to the delivery in the real estate sector aligns seamlessly with my values, and I am eager to contribute to the brand’s growth and success.”

This collaboration signifies Aarize Group’s dedication to innovation, excellence, and creating meaningful connections with its audience. The partnership with Tiger Shroff marks a significant chapter in Aarize Group’s journey, setting the stage for exciting developments and shared successes.

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Paytm offers exclusive up to 50% off on Air India flight tickets for military personnels on Indian Army Day

Paytm offers exclusive up to 50% off on Air India flight tickets for military personnels on Indian Army Day One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading payments and financial services company and the pioneer of QR and mobile payments, announced an exclusive discount for military personnels and its family on Air India flight tickets on Indian Army Day.

The special discount offers up to 50% off on Air India flights for users who book tickets through the Paytm app. Additionally, the company is also offering a flat 10% off to armed forces personnel and their immediate family members using promo code ‘JAIHIND’ across airlines.

To avail the offers, army personnels are required to use their Military ID for booking tickets as well at the airport counter. For air travel, Paytm also brings a Free Cancellation feature providing travellers with the flexibility to change their travel plans anytime without worrying about high cancellation charges. The company also guarantees best prices for flight ticket bookings.

Paytm Spokesperson said, “As India’s leading tech innovator, we are committed to enhancing convenience and elevating user experiences. The special sale aligns with our ongoing mission to prioritize user satisfaction, and we are proud to extend these exclusive offers to the brave members of the armed forces.”

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Revolutionizing Real Estate: hBits and Moneycontrol Forge a Landmark Partnership

18th January 2024: Moneycontrol, India’s leading financial news and investment platform, has partnered with hBits to transform the landscape of commercial real estate investment through fractional ownership and make it more accessible to a wider audience. This collaboration seeks to democratize access to Grade A commercial real estate properties, enabling potential investors to participate in fractional ownership through Moneycontrol’s platform.

Moneycontrol, a trusted name in the financial sector boasting 75 million investors, offers an innovative investment service. The partnership introduces a dedicated ‘Invest Now’ tab on the Moneycontrol platform, providing a convenient gateway for potential investors to explore and engage in fractional ownership of commercial real estate. This feature will provide Moneycontrol users with an intuitive and easy-to-use interface to browse and invest in Grade A commercial properties curated by hBits, further enhancing the platform’s utility as a comprehensive financial resource.

hBits, founded in 2018, has established itself as a pioneer in fractional ownership, offering fractional ownership in Grade A commercial properties. A concept providing lucrative investment opportunities that were previously inaccessible to the everyday investors. Their approach combines trust, transparency, and accessibility, ensuring that real estate investment is no longer the preserve of ultra-high-net-worth individuals and institutions.

hBits has assets under management worth ~ Rs. 260 Crore and has amassed a significant user base of over 60,000 registered users. Its leadership team, with over 100 years of cumulative experience in real estate and finance, includes notable figures such as Shiv Parekh, the founder and CEO, and Samir Bhandari, the co-founder and CFO, both of whom have impressive backgrounds in global finance and real estate sectors.

This integration aligns with recent regulatory changes by the Securities and Exchange Board of India (SEBI), supporting fractional and small-medium Real Estate Investment Trusts (REITs). These legal changes are likely to encourage investment and liquidity in the real estate sector, offering an ideal environment for such an innovative collaboration. This strategic alliance signifies a pivotal move for both organizations as hBits gains access to the extensive reach and user base of Moneycontrol, while Moneycontrol expands its offerings, giving users distinctive real estate investment alternatives. This collaboration is poised to open doors to more inclusive and diversified investment avenues for retail investors, marking a significant step towards democratizing access to high-value investment opportunities in commercial real estate market.

Gaurang Shah, Chief Revenue Officer, Moneycontrol said, “We are thrilled to announce our strategic partnership with hBits, marking a significant leap in the democratization of real estate investments. The joint platform is set to revolutionize the way people engage with commercial real estate, making fractional investments more accessible than ever before. At Moneycontrol, our commitment has always been to empower investors with innovative solutions, and this collaboration aligns perfectly with that vision. Through this platform, we aim to provide our users with a seamless and user-friendly experience, allowing them to participate in the lucrative commercial real estate sector with ease. Together with hBits, we look forward to opening new doors for investors, enabling them to diversify their portfolios and achieve their financial goals.”

“We are thrilled to announce our partnership with Moneycontrol, marking a significant milestone in our quest to make commercial real estate investment more accessible to everyone. This collaboration is a game-changer, as it allows us to introduce the concept of fractional ownership of top-tier commercial properties to a broader audience. With Moneycontrol‘s extensive network, we’re poised to revolutionize the way people invest in real estate. Our combined efforts will open the doors to premium real estate investments, making them not only accessible but also affordable for everyday investors,” expressed Shiv Parekh, CEO of hBits

This partnership between Moneycontrol and hBits is poised to pave the way for more inclusive and diversified investment avenues for retail investors, democratizing access to Grade A investment opportunities in the real estate market.

To know more visit – https://www.moneycontrol.com/msite/hbits

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