Category: Business

  • LANXESS India wins the ‘DigiTech Front Runner of the year’ FICCI Chemicals & Petrochemicals Award 2024

    LANXESS India wins the ‘DigiTech Front Runner of the year’ FICCI Chemicals & Petrochemicals Award 2024

    Mumbai [Maharashtra] [India] November 07: LANXESS India has won the FICCI Chemicals & Petrochemicals Award 2024 for ‘DigiTech Front Runner of the year’ category in chemical sector. Smt. Anupriya Patel, Minister of State for Health & Family Welfare and Chemicals & Fertilizers, Government of India presented the award to LANXESS in the presence of Smt. Nivedita Shukla Verma, Secretary, Department of Chemicals and Petrochemicals, Ministry of Chemicals and Fertilizers, Government of India and other stakeholders of the sector.

    Namitesh Roy Choudhury, Vice Chairman and Managing Director, LANXESS India along with Balaram Khot, Wholetime Director & Head of PTSE received the Digitech Front Runner of the year award on behalf of the organization at an event held in Mumbai on 17th October 2024.

    The award recognizes the organization’s commitment to digitalization, emphasizing on our capabilities and tools that enhance process improvement, asset reliability, safety, sustainability, and cost savings. Through the strategic implementation of digital solutions across our value chain, we continue to drive operational excellence and sustainable growth.

    Federation of Indian Chambers of Commerce and Industry (FICCI) organizes Chemical & Petrochemical Awards ceremony as a part of the India Chem series of events to felicitate companies for their contribution in the development of chemical and petrochemical industry.

    Commenting on the success, Namitesh Roy Choudhury, Vice Chairman and Managing Director, LANXESS India said, “We are truly honored to receive this esteemed award. By leveraging new technologies and adopting a digital mindset, we streamline our processes and drive improvements in productivity, connectivity, and overall organizational performance to deliver enhanced value to our customers, employees and other stakeholders.”

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  • HDFC Life and riidl Somaiya Vidyavihar Join Hands for Futurance Phase 6 – Demo Day

    HDFC Life and riidl Somaiya Vidyavihar Join Hands for Futurance Phase 6 – Demo Day

    Mumbai (Maharastra) [India],November 7: HDFC Life, one of India’s leading insurers, recently partnered with riidl Somaiya Vidyavihar, the startup incubation centre supported by Somaiya Trust, to host the ‘Demo Day’ for Futurance Phase 6.

    Futurance, an ongoing corporate engagement programme, initiated by HDFC Life, is designed to provide startups with opportunities to develop innovative, next-generation solutions. It involves a competitive process where applications are invited from startups. The shortlisted ones get a platform to present their solutions.

    Further, the winners get an opportunity to engage with HDFC Life’s leadership team, collaborate with business units, expand their customer reach, and commercialise their products.

    Currently in its sixth phase, Futurance 2024, focused on the areas of MedTech, MarTech and HRTech. The ‘Demo Day’ followed the evaluation of hundreds of applications across these focus areas. Seven startups were shortlisted to present their solutions, with the top three emerging as winners. These winning startups will now conduct a Proof of Concept (POC) with HDFC Life.

    Commenting on the success of Futurance Phase 6 – Demo Day, Vineet Arora – Chief Business Officer – Distribution, Data & Technology HDFC Life, said, “At HDFC Life, innovation is a way of life. We are always looking for innovative solutions to address business challenges, and partnering with startups enables us to explore cutting-edge solutions. Futurance has consistently introduced us to startups capable of delivering impactful solutions. As an insurer, we constantly strive to enhance efficiencies and improve the overall customer experience.”

    Gaurang Shetty, Chief Innovation Catalyst at riidl Somaiya Vidyavihar, stated, “Bestowed with the National Award by the Department of Science & Technology, riidl Somaiya Vidyavihar has been driving innovation and entrepreneurship since 2010. With support by the Department of Science & Technology, BIRAC, Department of Biotechnology, Govt of India, and the Maharashtra State Innovation Society- Government of Maharashtra, it has incubated over 250 startups and facilitated the creation of over 1,000 jobs and internship opportunities. At riidl Somaiya Vidyavihar, we are always creating and engaging in opportunities to help innovation driven founders grow and succeed. Our partnership with HDFC Life, through its Futurance program, has been instrumental in providing entrepreneurs the opportunity to pilot their solutions, which is often a challenge. This corporate engagement program offers startups the possibility of commercial partnerships upon successful pilot completion, enabling them to innovate and create real impact in the ecosystem.”

    Winners of Futurance Phase 6 – Demo Day are as follows:

    MarTech

    SaleAssist Innov8 Pvt Ltd

    SaleAssist is an award-winning AI-powered live video commerce solution that enables live video selling and video-led customer engagement to drive higher sales conversions. The platform has facilitated over one million video selling sessions.

    Vocbot.ai Technology Pvt Ltd

    Vocbot.ai uses AI to create a patented cloud-based CRM (SaaS) platform that manages high volumes of inbound and outbound calls. It maximises the value of voice-bot conversations by integration of voice modules in more than 23 languages.

    MedTech

    Answer Genomics

    Answer Genomics addresses the challenge of non-standardised ECG inputs from various vendors by utilising AI to develop an advanced ECG analyser. This analyser leverages multiple models to deliver more accurate inferences, processing 5 million data points per sample.

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  • WeThinkNorth Emerges as Digital Growth Partner for Wipro, Sanofi and Rising Startups

    WeThinkNorth Emerges as Digital Growth Partner for Wipro, Sanofi and Rising Startups

    Noida (Uttar Pradesh) [India], November 7:   WeThinkNorth, a leading digital marketing, branding, and social media agency in India, is becoming the partner of choice for brands seeking impactful and strategic digital marketing solutions. The agency is establishing new standards in brand presence with its unique approach to audience-centric strategies, customised branding solutions and humanised content.

    WeThinkNorth’s roster includes global players like Wipro and Sanofi, brands that rely on their marketing teams to shape their digital presence for strong employer branding and talent acquisition. With a strong emphasis on the power of human-focused content and data-backed decisions, the team is helping these companies create a stronger connection and brand loyalty among their audiences.

    In a noteworthy example of its strategic capabilities, WeThinkNorth facilitated the Indian market entry for Tenstorrent, a Silicon Valley-based tech firm. With solid groundwork and a robust foundational multi-phase strategy, they ensured a successful debut for Tenstorrent in India, establishing it as an attractive talent brand in the geography.

    ‘We believe in developing unique strategies, based on each brand’s specific requirements. Cookie-cutter strategies don’t work, even for two brands within the same industry. This personalisation has been our strength and our key to success,’ says Anuradha M Agarwal, Founder, of WeThinkNorth.

    India’s well-known boutique investment firm Aequitas has also trusted WeThinkNorth to expand its presence in the global markets. Siddhartha Bhaiya, Managing Director & CIO of Aequitas India shares his experience, ‘The Team WeThinkNorth has helped in formulating Aequitas’ brand voice and efficiently reaching to the target audience. Their skill to resonate with the brand requirement and come up with creative, simple, and quality solutions is on point. There are times when we get carried away with our ideas, but the WeThinkNorth team reiterates the framework to ensure the fine lines are not crossed, without compromising the purpose as well.’

    One of WeThinkNorth’s flagship projects, EntrepreNaari, highlights the agency’s commitment to social impact while building a diverse portfolio of industries it can strategically support. Developed with Aspire For Her and Navya Nanda’s Project Naveli, EntrepreNaari has grown into a powerful community of thousands of women entrepreneurs across India.

    Branding and a powerful digital presence have become essential to every business today. It’s not an option anymore. WeThinkNorth’s success stories and partnerships are positioning the agency as one of the most trusted brand-building services in India to achieve distinctive and audience-centred growth.

    About WeThinkNorth
    WeThinkNorth is a rapidly growing digital marketing, branding and social media agency in India. Headed by the award-winning marketer, Anuradha M Agarwal, WeThinkNorth has created a special niche for strategic LinkedIn marketing solutions and Instagram marketing services for startups and personal brands. WeThinkNorth’s diverse client portfolio spans global corporations, venture-backed innovators, and socially driven organisations. Their team of experienced strategists and marketers is committed to driving measurable impact and creating strong global brand identities for its clientele.

    For more details about their brand-building services, performance marketing, social media and LinkedIn marketing solutions, write to hello@wethinknorth.com or visit their website, www.wethinknorth.com


    Check our Shopify Website design for Anita’s Aromatics – https://www.youtube.com/watch?v=2bkC0qQv2ZM

    Contact:

    Anuradha M Agarwal
    Aspire-4, 802,
    Supertech Emerald Court,
    Sector-93A, Noida, Uttar Pradesh, 201304
    +91 9171371309

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  • Duravit’s Bento Starck Box – Elegant Serenity

    Duravit’s Bento Starck Box – Elegant Serenity

    New Delhi [India], November 7: Arranged like a Japanese lunchbox: with the new Duravit Bento Starck Box bathroom series, Duravit and designer Philippe Starck are making an extraordinary design statement to meet the most exacting architectural demands. Inspiration is drawn from the traditional Japanese bento boxes that are subdivided into several internal compartments by separators. “The Bento Starck Box collection is the start of an elegant serenity,” said Starck, describing the washbasins and bathtubs of the series. With intelligently divided wet and dry areas, the clean, clearly structured washing areas and bathtubs open up countless options for personal design.

    Bento Starck Box is a part of Duravit Artisan Lines. The Artisan Lines feature outstanding and iconic design products with a manufacturing character that Duravit develops with renowned international designers. The design and manufacture of the Artisan Lines require an extraordinary level of knowledge, craftsmanship, and precision.

    Ample space for good order

    The spacious Bento Starck Box washbasins offer practical, convenient and ample storage areas. All personal care products and accessories can be placed within easy reach. The new series, consisting of a washbasin, toilet sets, and bathtub, features a new, clear-cut design and is perfectly matched to different variants and dimensions of the bathroom furniture and faucets of the White Tulip by Philippe Starck series.

    Innovative materials

    The Bento Starck Box single washbasins are made from DuraCeram®, and the double washbasins are from DuroCast UltraResist. As such, Duravit impressively demonstrates how a range of different materials can be used to produce unconventional designs.

    As a material, DuraCeram® enables above-counter basins with an extremely thin rim thickness to be created that are robust and extremely easy to care for. The highly effective, antibacterial ceramic HygieneGlaze ensures an optimum level of hygiene. Baked into the basin, the glaze kills around 90 per cent of pathogens within just six hours and approximately 99.9 per cent after 24 hours. In addition to the toilets, all ceramic washbasins in the Bento Starck Box series are also exclusively available with HygieneGlaze for the first time. Duravit offers a lifetime guarantee for all ceramics.

    Variety at the washing area

    Alongside the 650 mm-wide washbasin, the Bento Starck Box collection comprises above-counter basins in a range of sizes, all available in White and White Satin Matt: round variants with a diameter of 460 mm, and rectangular versions with a width of 550 mm as individual basins or, for two faucets, in widths of 1140 mm and 1340 mm – made from DuroCast UltraResist. The faucet is mounted inside the inner basin on all models, avoiding unnecessary wet surfaces.

    Bathtub with an integrated overflow for a spa-like experience

    The freestanding acrylic infinity bathtub, sized 1800 x 900 mm, is ideal for a spa-like experience in your home bathroom. With ample depth and sufficient space for two people, it invites bathers to immerse themselves blissfully in water. A gently rounded headrest completes the wellness experience. A tapered water channel prevents water buildup and can be used as a storage area for accessories. This is an additional practical feature when it comes to cleaning because the water or individual drops stay within the washbasin when the faucet is turned on. The bathtub is supplied to the customer fully preassembled with a leg frame and drain, meaning that no additional accessories are required.

    Matching toilet sets

    Bento Starck Box toilet sets are available that are harmonized with the design of the ceramic and bathtubs, including a compact model with a projection of just 480 mm and the HygieneFlush version with a projection of 570 mm. The range also includes a floor-standing, close-coupled toilet and matching bidets. The integrated push buttons on the seat with the gentle, silent lowering mechanism mean that it can be easily removed and cleaned.

    About Duravit India

    Duravit India is a growing subsidiary of Duravit AG. With a strong heritage of over 200 years and a presence in 130 countries, Duravit is well-known for working with world-famous architects and designers. Duravit has already made an impact in India as a premium bathroom brand with a presence in leading luxury hotels and premium residential apartments. Duravit products are on display in more than 120 partner showrooms across India.

    Duravit products include sanitary ceramics, bathroom furniture, bathtubs and shower trays, wellness systems, shower toilets, faucets and accessories, and installation systems. Duravit India has already earned a recognised status with ISO 9001, ISO 14001 and ISO 50001 certifications. The Indian production site is a state-of-the-art plant with an aggregate workforce of more than 350 people.

  • ACME Solar IPO Debuts: Should You Subscribe? Check GMP, Expert Opinions, & Key Details

    ACME Solar IPO Debuts: Should You Subscribe? Check GMP, Expert Opinions, & Key Details

    New Delhi [India] November 7: The IPO, which opened for subscription yesterday, is a book-built issue with a total offering size of ₹2,900 crore, marking one of the significant entries into the market in recent months. The IPO is a mix of a fresh issue of 8.29 crore equity shares totaling ₹2,395 crore, alongside an offer for sale of 1.75 crore shares valued at ₹505 crore. The price band for ACME Solar Holdings IPO is set at ₹275 to ₹289 per share, reflecting the company’s strong position within the renewable energy sector. Subscriptions will remain open from November 6 to November 8, 2024. ACME Solar Holdings’ Initial Public Offering (IPO) has garnered robust market enthusiasm, with the Grey Market Premium Rs: 20 (GMP) witnessing a surge. Market experts note that the increase in GMP highlights investor confidence in ACME Solar Holdings’ growth prospects and its role in driving India’s solar energy initiatives. The allotment of shares is scheduled for November 11, 2024, with a tentative listing date on the BSE and NSE set for November 13, 2024.

    Key Highlights of the ACME Solar Holdings IPO

    • IPO Size: ₹2,900 crore (Fresh Issue: ₹2,395 crore; Offer for Sale: ₹505 crore)
    • Price Band: ₹275 to ₹289 per share
    • Lot Size: Minimum of 51 shares, requiring a retail investment of ₹14,739
    • Investment Requirement for sNII and bNII: sNII minimum at 714 shares (₹206,346) and bNII minimum at 3,468 shares (₹1,002,252)
    • IPO Timeline: Opens on November 6, closes on November 8, 2024
    • Expected Allotment Date: November 11, 2024
    • Tentative Listing Date: November 13, 2024 on BSE and NSE

    The IPO has already attracted significant attention from both retail and institutional investors, underscoring ACME Solar Holdings’ appeal in the clean energy space. The rise in GMP further solidifies ACME Solar Holdings’ position as a promising addition to the stock market, as it aims to accelerate India’s renewable energy infrastructure and sustainability goals. For further details on ACME Solar Holdings IPO, visit acmesolar.in

    Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investing in stocks includes financial risks, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.

  • Bacancy Systems Invests USD 7M in Railway Electronics Research, Unveils New Product Line

    Bacancy Systems Invests USD 7M in Railway Electronics Research, Unveils New Product Line

    New Delhi [India] November 7: Bacancy Systems, a rapidly growing provider of embedded solutions and e-mobility technology, is proud to announce its entry into the railway electronics and power electronics sectors. As part of this strategic expansion, Bacancy is positioning itself as a key player in delivering cutting-edge solutions for railways projects and beyond.

    Bacancy aims to foster partnerships to indigenize products currently imported for core functions in railway systems. By localizing these essential components, Bacancy is helping to build a more self-reliant and sustainable railway infrastructure for India and global markets.

    New Railway Solutions for a Growing Market

    Bacancy is poised to launch a range of advanced products, including TCMS ( Train Control And Monitoring Systems) Applications, TCMS simulators, Various control systems, PA/PIS ( Public address and Passenger Information Systems), and Communication Based Train Control (CBTC) solutions.  These solutions enhance rail operations’ efficiency, safety, and reliability. Bacancy’s roadmap includes expanding these offerings for a broader market, and meeting national and international standards.

    Looking ahead, Bacancy is actively pursuing entry into international markets over the next five years. This ambitious expansion will leverage the company’s core expertise in embedded systems and manufacturing, positioning Bacancy to deliver innovative, high-quality solutions globally.

    Investment in Innovation and Expansion Opportunities

    In line with its growth strategy, Bacancy Systems is also exploring strategic partnerships to accelerate its expansion into the railway sector. The company, which currently operates two manufacturing units, is set to enhance its production capacity to meet increasing demand for railway and power electronics solutions. Through these collaborations, Bacancy aims to establish new manufacturing facilities and establish industry-leading innovation for rolling stock

    A Global Vision for the Future

    Looking ahead, Bacancy Systems plans to leverage its core expertise in embedded systems and manufacturing to expand its footprint into international markets. The company’s roadmap includes delivering high-quality, innovative solutions that meet both national and international standards, solidifying Bacancy as a global leader in railway and power electronics.

    Founded in 2021, Bacancy Systems has quickly established itself as a leader in embedded systems and e-mobility solutions, serving industries such as automotive, IoT, healthcare, and now, railways. With a focus on technological advancement and sustainable transportation, Bacancy is at the forefront of driving the future of embedded technology.

    For more information on Bacancy Systems’ railway electronics solutions and investment opportunities, please visit www.bacancysystems.com

    Contact Information:
    Name: Hardik Sheth
    Title: CEO, Co-Founder
    Email: systems@bacancy.com

  • Charanjit Singh FLUJeans’s – Understanding the need for versatility and style

    Charanjit Singh FLUJeans’s – Understanding the need for versatility and style

    New Delhi [India] November 6: Charanjit Singh, a visionary and a pioneer in the domestic fashion industry, took work wear jeans and transformed them into a fashion statement. He is the iconic brand of FLU(Fashion Like You), known for his innovative and trend-setting designs. His creativity and passion for denim have made him a household name in the domestic denim fashion world.

    Charanjit Singh has never been one to rest on his laurels, constantly pushing the boundaries and elevating the domestic denim industry to new heights. His relentless efforts and determination have led to the evolution of denim from a basic work wear item to a must-have fashion staple. He has inspired countless designers and revolutionized the way people perceive and wear denim.

    Charanjit Singh’s love for denims was evident from a young age and he knew that he wanted to make a mark in the denim industry. He worked tirelessly to create innovative and stylish jeans that would appeal to denim lovers. For many years, he assisted his father in his business, but it was in 1988 that Charanjit realized the need to take a step forward and do something of his own for the Indian domestic market. He saw a gap in the market and decided to fill it with his unique and creative designs. With his passion and determination, Charanjit Singh embarked on a journey to establish himself as a leading name in the denim industry, bringing Indian consumers high-quality, fashionable and comfortable jeans that they had been looking for. His dedication and hard work paid off, making him a successful entrepreneur and a pioneer in the Indian denim market. He promotes and is an excellent example setter for “Make In India” initiative.

    In the 1980s, Aravind Mills, a leading textile manufacturer in India, began producing and selling denim fabric. This sparked the interest of Charanjit Singh, who saw an opportunity to enter the denim market. With his 34 years of experience in the same industry, Singh founded FLU Jeans in 1992with the goal of creating affordable jeans and establishing a “Made in India” brand. FLU Jeans quickly gained popularity and became known for its high-quality denim products at affordable prices. Singh’s vision of promoting Indian-made goods and providing accessible fashion options to the masses proved to be a successful business strategy.

    Today, FLU(Fashion Like You)Jeans continues to thrive as a beloved Indian denim brand, thanks to Charanjit Singh’s foresight and determination to tap into a growing market. The success of FLU Jeans serves as a testament to the potential for innovation and success in the Indian textile industry.

    Charanjit Singh’s ideology, honesty, and hard work have been the driving force behind the success of “Fashion Like You Jeans”, making it an iconic brand in the fashion industry. Singh’s belief in the power of perseverance and determination has led him to overcome numerous challenges and obstacles in his journey towards establishing FLU Jeans as a renowned brand. His unwavering commitment to producing high-quality, stylish and sustainable denim has earned him the trust and loyalty of customers worldwide. He firmly believes that success is directly linked to one’s actions, and he has embodied this belief through his hard work and dedication to constantly improve and innovate within FLU Jeans. As a result, Fashion Like you Jeans has not only become a symbol of fashion in domestic market but also a testament to the power of determination, honesty, and hard work in achieving success.

    Charanjit Singh is a dedicated individual who has devoted his life to helping the less fortunate. He is known for his numerous social works, specifically focusing on providing education and opportunities for the poor. Singh is a part of various NGOs and actively contributes to their welfare programs. One of his daily routines includes distributing food to poor people near AIMS hospitals, ensuring that they do not go hungry. He also goes out of his way to help poor families in need, especially when it comes to their daughters’ weddings. This is a significant gesture as weddings can be a costly affair, and many families struggle to afford it. Singh’s selfless acts of kindness towards the underprivileged are truly admirable and have made a significant impact on the lives of many. He serves as an inspiration for others to give back to society and make a difference in the lives of those in need.

    To know more about Flu Jeans, please do visit: https://flujeans.co.in/

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