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Monday, June 14, 2021

Company Updates 14.6.21

Wipro enables Zero Cost Transformation with Oracle Cloud Infrastructure

Wipro Limited , a leading global information technology, consulting and business process services company, today announced it is collaborating with Oracle to launch Wipro Zero Cost Transformation, a new offering that helps organizations migrate to the cloud. Wipro is a member of Oracle PartnerNetwork (OPN).

 As enterprises seek to generate value from the cloud, their journey is often hindered by excessive costs, ineffective implementations and slow processes. With Wipro’s Zero Cost Transformation, companies can migrate their workloads to Oracle Cloud Infrastructure (OCI) with lower cost, shift from a Capital expenditures (CapEx) to Operating expenses (OpEx) model, and benefit from application and infrastructure support provided under a managed-services framework.

Zero Cost Transformation eliminates the challenge of dealing with multiple service providers for cloud migration and support. It also provides a seamless and risk-mitigated migration, as Wipro is an Oracle Managed Service Expertise partner and has increased its Oracle Cloud certifications consultants by 400% in less than three years.

The new offering, delivered in collaboration with Oracle, provides organizations access to bestin-class enterprise security and technology innovation. Built on Wipro’s six-step migration methodology and proprietary tools and accelerators, the solution enables a fast and secure migration to OCI with reduced total cost of ownership


UPL Ltd bags the Asian Sustainability Leadership Award for Excellence in Sustainability Performance Management

UPL Ltd., a global provider of sustainable agriculture products and solutions, has received the prestigious Asian Sustainability Leadership Award for Excellence in Sustainability Performance Management for displaying commendable commitment to sustainability. The Asian Leadership Awards (ALA) acknowledges remarkable business leaders and organizations in Asia for their continuing commitment to excellence, developing best practices and innovative strategies.

 UPL has been recognized as a sustainability leader by the respected organizations like DJSI and Sustainalytics, and its unique approach to the food value chain puts sustainability at the centre-stage. UPL Ltd. has showcasedits commitment to sustainability via numerous initiatives and programs. A few noteworthy achievements on reducing the environment footprint at UPL includes the reduction of carbon emission intensity by 26%, waste disposal intensity by 45% and water consumption intensity by 21% during the period FY2017 to FY 2020 (considering 2015-16 as the baseline). UPL Ltd operates in over 138 countries across the globe and 60% of its plants are zero liquid discharge plants.

In addition to this, the company is a member of the UN Global Compact as well as the World Business Council for Sustainable Development, both working towards sustainable development. UPL was the only crop protection company in the world to be included in the Dow Jones Sustainability Yearbook 2020, and was rated as the #1 agrochemical company globally by renowned international sustainability rating agency, Sustainalytics. It has also been rated by FTSE Russell with a growth of over 25% in the last three years, and is a certified logo holder of FTSE4Good & Responsible Care.


TCS Ranked Number One in Customer Satisfaction and Business Understanding by Leading UK Companies

TCS, a leading global IT services, consulting and business solutions organisation, has been ranked Number One in customer satisfaction in the UK in an independent survey of leading enterprises by Whitelane Research, for the sixth time. TCS’ customer satisfaction scores were 11% higher than other large IT consultancies in the UK.

 The survey ranked 34 IT and cloud service providers based on responses from 250 CxOs of the largest IT spending organisations in the UK, based on their performance, customer satisfaction levels and delivery quality. It evaluated over 600 unique IT sourcing relationships as well as more than 800 cloud sourcing relationships

TCS was ranked at the top position by customers in the UK with an overall satisfaction score of 83%, significantly ahead of the average score of 72%. Among the 9 key performance indicators, TCS was ranked number one in business understanding, scoring 80% (vs an average of 75%) and in-service delivery quality, scoring 83% (vs an average of 73%). Additionally, TCS scored 68% in innovation and 69% in proactivity, 6% and 2% above average respectively.

The independent survey also measured customer satisfaction by IT domains, in which TCS was named number one in application development, maintenance and testing (83%), data centre, managed infrastructure and hosting (88%) and end-user services (85%), well above the industry average by 9%, 19% and 15% respectively.

“We have been partnering with leading enterprises in the UK, helping them achieve their growth and transformation aspirations, leveraging our deep contextual knowledge, investments in innovation and intellectual property, and expertise in digital technologies,” said Amit Kapur, Country Head, TCS UK and Ireland. “We are delighted to receive this recognition from an independent third-party organization. It reflects our customer-centricity and the dedication of our employees.” 

“This is a great achievement for TCS as it achieves top IT Services Provider in the UK for the sixth time,” commented Jef Loos, Head of Sourcing Research Europe, Whitelane Research. “The last year has brought great change and challenge for every kind of business. The role of IT service providers such as TCS remains integral to supporting businesses through this ongoing period of uncertainty and helping them to succeed in this new world of work.” 

TCS is among the largest IT service providers in the UK with roughly 19,000 employees and is a significant contributor to the UK economy and to local community initiatives across the country. TCS was recently listed among the top 25 Best Companies to work for in the UK and among the Best Companies in the Consultancy Sector


“TCS Positioned as a Leader in IDC MarketScape for AI Services”

According to the report, “Buyers spoke highly of TCS' breadth and depth of IP and tools to deliver AI services...” It goes on to say that “IDC considers TCS' end-to-end life cycle of AI services portfolio and strategies around delivery model, innovation and R&D, and employee skills and retention as key strengths.” 

“Progressive enterprises are partnering with TCS for their Business 4.0™ transformations, harnessing data, analytics and AI to embrace new business models, pursue new revenue streams, enhance customer experience and reimagine operations. Our comprehensive portfolio of AI services and solutions backed up by our sustained investments in research, innovation and intellectual property are helping our customers realize their growth and transformation objectives,” said Dinanath Kholkar, Global Head, Analytics and Insights Unit, TCS. “This positioning as a Leader in the IDC MarketScape is a recognition of our vision, strategy, and capabilities.” 

TCS offers a comprehensive portfolio of AI-related services and solutions catering to every business stakeholder, and spanning consulting and advisory, model management, systems design, implementation. Using machine learning, machine vision, voice recognition, natural language processing and knowledge mining, TCS has been building proprietary AI solutions that drive business transformation for customers across different industry verticals. These include: 

• Algo Retail™ – a suite that enables retailers to seamlessly integrate and orchestrate data flows across the retail value chain, harnessing the power of analytics, AI, and machine learning.

 • TCS ADD – a modern and open drug development platform that enables digital ecosystems, simplifies data complexity, and provides faster access to new and effective drugs for patients in need.

• TwinX™ – a digital twin solution for enterprises. • Intelligent Urban Exchange – an integrated, cloud-based software product that enables Big Dataand IoT-based applications for transportation, water, energy, and other governmental functions.

• ignio™ – SaaS suite of AI-driven software that combines enterprise IT context, insights, and intelligent automation to deliver resilient, agile, and autonomous IT operations without human intervention.

• Decision Fabric™ – a state-of-the-art inclusive framework that brings together the power of AI and immersive analytics to build innovative business solutions that deliver value.  

TCS fosters a culture of innovation with its Co-Innovation Network that includes start-ups, academia, and corporates. In addition, TCS has significantly invested in Pace Ports™ to co-innovate with partners and customers, addressing newer industry problems and trends.

“Leveraging our deep contextual and industry knowledge, expertise in AI and investments in innovation and intellectual property, we are empowering businesses across domains and at different levels of dataand AI readiness to become future-ready,” said Dinanath Kholkar.

 

SOBHA Ltd. introduces SOBHA Town Park, inspired by New York Skyline at Bengaluru

SOBHA, India’s most credible and admired real estate brand is introducing SOBHA Town Park at Yadavanahalli, Bengaluru. SOBHA Townpark is an integrated township located in Yadavanahalli, a promising location in South Bengaluru that offers serene yet connected living. Sprawling across lush open spaces, SOBHA Townpark is a first-of-its-kind luxury residential township in Bengaluru, themed on the architectural footsteps of New York

Speaking on the announcement, Mr. Ravi Menon, Chairman, SOBHA Ltd. said,“With SOBHA Townpark, we have re-imagined the architectural brilliance of New York through iconic residential towers, a glitzy shopping mall and top-of-the-line amenities.”

The location of SOBHA Townpark stands testimony to SOBHA’s commitment to ensure that no aspect of a home – including its location – is overlooked. Carefully chosen to provide the best of both worlds to people who prefer quietude, but never want to be away from the hustle and bustle of city life, Yadavanahalli comes as the perfect choice. It offers immense connectivity and has just about everything individuals and families need to live in a buzzing yet tranquil locale with 70% wide open spaces.

LIVE CONNECTED, LIVE EASY

Promising unparalleled luxury, a slice of New York, modern living, seamless connectivity – SOBHA Townpark is located in the vicinity of educational institutions, hospitals, workplaces and more. Meant for the well-travelled with a penchant for the finer things in life, SOBHA Townpark lets the connoisseur live the New York life, right here in Bengaluru! 

Amara Raja Batteries

Amara Raja Batteries announces a bold ‘Energy & Mobility’ strategy; to accelerate growth in core sectors and diversify into New Energy to capitalize on emerging opportunities.

 To invest in new green technologies, including lithium-ion batteries, to capitalize on fast-evolving trends in the Energy and Mobility sectors.

 To Focus on Value maximization in the Lead Acid Batteries business through geographical and product portfolio Expansion, establishing a global footprint.

 Founder Chairman Dr. Ramachandra Galla decides not to seek reappointment after 36 years at the helm

 Vice Chairman Mr. Jayadev Galla to assume the mantle of Chairman of the Board

 Board inducts Gen-next leaders Harshavardhana Gourineni and Vikramadithya Gourineni as Executive Directors, to actively drive the transition to ‘Energy & Mobility’

: The Board of Amara Raja Batteries Ltd. (ARBL) has launched several strategic initiatives to take advantage of fast emerging new opportunities to accelerate growth and enhance stakeholder value. Driven by the transformative changes in its key markets and in keeping with its motto of ‘Gotta be a Better Way’, ARBL has announced ‘Energy and Mobility’ as the strategic focus for the Company going forward.

It has announced expansion of the Lead Acid Batteries business and the establishment of a New Energy SBU encompassing Lithium cell and battery pack, EV chargers, Energy Storage Systems, Advanced Home Energy Solutions and related products and services. 

While the Board unanimously believes New Energy will provide substantial thrust over the coming decade, there remains a strong conviction on the long-term potential of the Lead Acid Batteries business. The vital role played by lead acid technology across a variety of applications provide significant growth opportunity in both the domestic and international markets. On the other hand, the emergence of lithium as an alternative energy storage technology opens up new and exciting growth opportunities. 

Speaking on the evolving ‘Energy & Mobility’ strategy, Vice Chairman, Mr. Jayadev Galla said: “After a careful review of the global business opportunities, the ARBL Board has decided to future-proof our business by repositioning ARBL as an Energy and Mobility player. The Board believes that ARBL has to invest in a portfolio of businesses to maintain its technological and business leadership. Over the years, we have built an active distribution network, customer trust and relationship with clear emphasis on maximizing value within lead acid technology. The Company is now well poised to build on these strengths and create multiple new growth engines in the New Energy space.”

The Board has agreed that the Company should continue to invest and expand the Lead Acid Batteries business in which the Company is a significant player in many customer segments. The new strategy, aimed at tapping opportunities in home inverter, motive power and unorganized segments, is expected to further consolidate the Company’s existing strengths and market share. The Company believes that the Lead Acid Batteries business will continue to grow in India owing to the buoyant demand from automotive, industrial, telecom and new emerging segments like data centres.

ARBL will further invest in advanced process technologies to maintain its technological edge as well as recycling to enhance critical raw material security and expand its commitment to environmental responsibility. The Company also hopes to pursue inorganic opportunities available in the market to bolster its leadership position. ARBL is confident that these initiatives will result in higher growth rates, increased market share and enhanced stakeholder value.

The New Energy business will build on technological innovations such as Lithium and other new age chemistries that are enabling accelerated transformation in renewable energy, electric mobility, microgrids, etc. The technology in this space is emerging rapidly and often in a discontinuous way. The ACC PLI scheme announced recently by Government of India for Rs 18000 Cr provides a significant impetus for building a domestic supply chain for lithium and other advanced cell chemistries to serve the fast-growing EV and renewable energy sectors. ARBL plans to invest in a bouquet of products and services to accelerate its transformation to an Energy and Mobility solutions provider.

To help drive this change, the Board of ARBL has also approved a series of leadership and organizational changes to relentlessly drive the execution of this bold new strategy. 

Founder Chairman Dr. Ramachandra Galla, who steered the Company for 36 years and who was largely responsible for its leadership position and stature in the market, expressed his decision not to seek reappointment in the board meeting. The Board accepted his decision and thanked him for his stellar, selfless contribution to the Company for 36 years. His values, outlook, and ideals, as documented in ‘The Amara Raja Way®’, will continue to serve future generations of the Company. He will continue as Director and Chairman till the conclusion of the Annual General Meeting (AGM) in August. Vice Chairman Mr. Jayadev Galla will assume the role of Chairman of the Board after the AGM.

The Board also accepted the resignation of Dr. Ramadevi Gourineni as Non-Executive Director of the Company and thanked her for service. A physician by profession, she expressed that the current pandemic situation demands more intensive time and she desires to focus in serving the community in this hour of need. 

The Board has decided to induct Mr. Harshavardhana Gourineni (Harsha) and Mr. Vikramadithya Gourineni (Vikram) as Executive Directors. The promoter family had adopted a robust and transparent process of succession planning in 2013 when both Harsha and Vikram were identified as gen-next leaders. Both of them have played transformative roles in building businesses and taking them to new heights. They have proved their leadership capabilities and excelled at all the roles they have been leading over the past 7-8 years.

Given the strategic importance and orbit-shifting potential of the New Energy business to ARBL, the Company has decided that Mr. S. Vijayanand, with his proven track record of performance, will take charge as President – New Energy.

The Board also inducted Mr. Annush Ramasamy as Independent Director of ARBL. An engineering graduate and an MBA in Strategy and Manufacturing Management from RIT, Rochester, New York, Mr. Ramasamy has been with Sri KumaraGuru Mill Limited (SKG) as President and Managing Director. He is an active member of the Entrepreneurs Organization, Young Indians, TiE and The Chennai Angels. 

Lupin receives UK marketing authorization for Luforbec® 100/6 µg pMDI, first branded generic alternative to Fostair® 100/6 µg pMDI for treatment of Asthma & COPD 


HCL continues to accelerate its #HCLCloudSmart journey; appoints Siki Giunta to lead its Cloud Consulting and Offerings Strategy

HCL Technologies, (HCL), a leading global technology company, today announced the appointment of Siki Giunta to further accelerate #HCLCloudSmart industry cloud offerings into client markets.

#HCLCloudSmart is a comprehensive suite of industry-aligned Cloud offerings, solutions, services and products which help clients achieve business transformation according to their unique industry needs and market conditions. The portfolio is built on the core pillars of Industry Cloud Solutions, Hybrid Data & AI, CloudNative Application & Infrastructure capabilities and Integrated Intelligent Operations with AIOPS and Business Observability to enable faster business value from organizational Cloud investments along with our Cloud Ecosystem Partners

Siki brings to HCL a rich experience in leading the development of global cloud strategies for multinational clients as well as strategy and implementation of Cloud with a specific focus on building vertical applications with Cloud providers and partners. She has successfully scaled enterprise grade Hybrid Cloud, Data Center & Hosting Businesses and has been a Software Products Business Leader

Siki joins HCL from Accenture. She has also led several other leadership positions in the industry, including the CEO of Managed Objects and Fortisphere

“I am excited to join HCL and look forward to driving further momentum to the #HCLCloudSmart journey” said Siki Giunta, Executive Vice President - #HCLCloudSmart, HCL Technologies. “Cloud has become the strategic pillar within any organization to build a responsive, scalable and resilient business model. Organizations today are facing an urgent need to ‘rethink cloud’ to accelerate digital transformation and maximize business value in alignment with customer needs, organizational goals and unique market conditions. I look forward to working with the amazing team at HCL Technologies on the journey to reimagine Cloud, the smart way.”

“We are extremely delighted to have Siki on our team,” said Kalyan Kumar, Chief Technology Officer and Head Ecosystems, HCL Technologies. ”Her knowledge in Cloud and Agile software development with a unique lens of industry relevance and proven experience of leading global firms will be of tremendous benefit to #HCLCloudSmart. At HCL she will further strengthen the collective power of our Cloud Services, Frameworks and Products with a business-aligned narrative at the center.” he added.

CADILA

Zydus Cadila has received tentative approval from the USFDA to market Brivaracetam Tablets, in the strengths of 10 mg, 25 mg, 50 mg, 75 mg, and 100 mg (US RLD: Briviact Tablets). Brivaracetam is used to treat partial-onset of seizures (epilepsy). The drug will be manufactured at the group’s formulation manufacturing facility at the SEZ, Ahmedabad. The group now has 319 approvals and has so far filed over 400 ANDAs since the commencement of the filing process in FY 2003-04.