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Sunday 25 July 2021

Company Updates 23.7.21 to 25.7.21

Cyient Develops Urban Forestry Land in Hyderabad

Demonstrating its commitment toward building a sustainable tomorrow together, Cyient, a global engineering, manufacturing, and technology solutions company, through its CSR arm, the Cyient Foundation, has developed Urban Forestry Division Land in Jubilee Hills into a park with a walking track and sit out area for neighboring communities. As a part of this development project, the foundation also flagged off a tree plantation drive, planting over 3000 trees. The park will be accessible to all residents, especially the elderly within the neighborhood. The Greater Hyderabad Municipal Corporation (GHMC) supported the Cyient Foundation in this initiative.

Shri BVR Mohan Reddy Garu, Founder Chairman and Board Member, Cyient, and Chairman, Board of Governors, /IT Hyderabad and /IT Roorkee, added, "Since the formation of the State, Telangana has witnessed all-round development under the current progressive government. Several sectors such as IT, pharma, and biotechnology have seen significant progress, and the city of Hyderabad has grown manifold. Cyient has been an integral part of Hyderabad's heritage and has been contributing to the city's sustainability since its early years. We applaud the commitment and efforts of GHMC and are delighted to contribute toward clean and green development of the city."

The beautification and plantation drive comes after Cyient announced its sustainability goals for 2025 through its inaugural Sustainability Report. Supporting the conversion of today's linear or "throwaway" economy into a more circular one, the company has committed to becoming carbon and water neutral and ensuring zero waste to landfills. The company has also co-developed a number of sustainable solutions for businesses, especially in the engineering industry, under its Design for Circularity practice. 

The plantation drive was graced by Member of Parliament, Shri Joginapally Santosh Kumar Garu (MP of Rajya Sabha for T elangana), Member of the Legislative Assembly from Khairatabad Assembly Constituency, Shri Danam Nagender Garu, Principal Secretary of Municipal Administration and Urban Development (MA&UD) Department, Shri Arvind Kumar Garu, IAS and Zonal Commissioner, Khairathabad, Ms. P Pravinya Garu, IAS. 

Happiest Minds Technologies is among Asia’s Top 100 Great Places to Work 2021

Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a ‘Born Digital. Born Agile’, a digital transformation and IT solutions company today announced being ranked 63rd on the Best Workplaces in AsiaTM 2021 list by Great Place to Work®. The Great Place to Work® Institute has established its distinct identity since 1992 as a global authority on workplace culture. Their widely acclaimed Trust Model is considered as Global Standard on determining best places to work, and the key parameters evaluated include credibility, respect, pride, camaraderie, fairness. In the largest collection of people experiences in Asia, over 3.3 million team members from across 16 countries in Asia and the Middle East were surveyed to determine the Best WorkplacesTM in the region. 200 highest ranked companies from Great Place to Work® Best WorkplacesTM National lists across the region were named as the Best in Asia. This recognition is based on confidential survey data assessing experiences of trust, innovation, company values and leadership.

Happiest Minds has regularly featured in the Best Places to Work rankings for India for the past 5 years. The company is the first Indian IT firm that has been conceptualized as a ‘Mindful IT Company’ that sees it as a logical extension of its happiness brand positioning. It is a reflection of the company’s pioneering endeavor to being and doing mindful in its approach towards its people, customers, shareholders and the community

pTron launches country’s first Made-in-India Active Noise Cancellation TWS Earbuds with Pooja Hegde 

pTron, the leading Indian-maker of affordable high quality audio and wireless products, introduces the first product from their new ANC series, BASSBUDS ULTIMA. Acclaimed as country’s first ever indigenously made TWS earbuds with Active Noise Cancellation (ANC). The new high performance Active Noise Cancelling Earbuds featuring Quad Mic and an incredible hybrid design will debut on Amazon during the Prime Day Sale starting 26th July. The premium addition to pTron’s Bassbuds series line up will be available at a special launch price of INR 1499 only during the Prime Day Sale as against regular price of INR 1699.

The brand’s latest Ambassador and celebrated star, Pooja Hegde has launched the new generation of TWS (True Wireless Stereo) earbuds

The pTron Bassbuds Ultima in a vogue design masterfully blends pTron signature sound with the latest ANC technology in a sleek lightweight and premium design. Build for the modern audiophiles the Bassbuds Ultima ANC Earbuds feature an Audio Transparency Mode that allows to effortlessly switch between normal, ANC & transparency modes and keeps you aware of the surroundings as and when required. The Bassbuds Ultima is packed with technology that makes you feel the music the way it is meant to be heard - in style and in silence. 

pTron is the second Indian brand in the with 6% market share of the Indian TWS market in the January - March 2021 quarter, according to market research firm Counterpoint Technology Market Research is a global research firm specializing in Technology products in the TMT industry 

Mr. Ameen Khwaja, Founder & CEO, pTron, commented on the launch, “Brimming with exciting high-tech features and precision sound capabilities our newest creation - Bassbuds Ultima is a fusion of pTron’s signature style and power as it meets the new ANC Technology. Once again, we are delighted to pioneer in TWS manufacturing and in introducing this technology to the Indian market. The audio specialists at pTron aimed to create a whole new audio experience through Ultima”. 

Whether you are an audiophile or a true crime podcast enthusiast, Bassbuds Ultima assures comfort, function, and a chic minimalist aesthetic for a distraction-free experience. With the new Bassbuds Ultima, chill for long hours in your balcony without traffic noises interrupting your jam sessions. Work with undisturbed concentration as the earbuds block out ambient sounds. Carrying the Bassbuds legacy, Ultima does not shy away from offering heart thumping bass. 

Raymond strengthens its board through the appointment of new director

India's leading fabric and apparel manufacturer and retailer, Raymond has strengthened its board by inducting S L Pokharna, President, Group Commercial and Supply Chain, as non-executive director

Pokharna, who has been credited for the turnaround of the company's apparel business despite the pandemic, has over four decades of experience in finance, sales, marketing and commercial functions. He has been with Raymond Group since 1981 and prior to his current role has held various leadership roles across the Group.

The Board of Directors of the Company, based on the recommendations of the Nomination and Remuneration Committee has appointed Pokharna as an Additional Director designated as NonExecutive Director with effect from July 23, 2021. 

Raymond is expected to immensely benefit from Pokharna's deep knowledge of apparel and retail industry and rich experience in business and corporate governance. 

Expressing his views on the appointment, SL Pokharna said, 11 / am very pleased to join the Board of Raymond. I look forward to leveraging my experience and playing a part in the continuing development of the company, including its plan to scale up its operations and navigate the company through challenging timesn . 

TVS Motor Company launches BS-VI TVS NTORQ 125 in Nepal

TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world, today announced the launch of BS-VI TVS NTORQ 125 with Race Tuned Fuel Injection (RT-Fi) in Nepal. The company has developed two versions of BS-VI Fi platforms, namely, RT-Fi (Race Tuned Fuel injection) and ET-Fi (Ecothrust Fuel injection). The RTFi technology is specially designed to ensure an enjoyable racing experience in all driving conditions.

TVS NTORQ 125 ushered in a new era of connectivity, power, and style to the scooter industry. The BS-VI edition will redefine it with superior performance and a smooth riding experience. The new edition also debuts a 5.8-litre fuel tank for the scooter. 

Commenting on the launch, Mr. R Dilip, President – International Business, TVS Motor Company said, “TVS NTORQ 125 has redefined the expectation of scooter consumers in Nepal by creating an exciting, powerful, connected experience for the Gen Z. It has made its mark as the most loved and accepted scooter brand in Nepal. With the transition to BS-VI, we have taken this opportunity to introduce two Fi Technology platforms. TVS NTORQ 125 is the only scooter to be equipped with RT-Fi platform. The superior performance will be complemented by better real throttle feel. The accentuated ride experience, which is a testimony to the racing heritage of the scooter, will delight our young customers in the market.” 

Mr. Shahil Agrawal, Managing Director, JMPL, said, “We are delighted to introduce the TVS NTORQ 125 BS-VI in Nepal today. The smart scooter is designed to create a best-in-class ownership experience with the inclusion of RT-Fi. This launch will build on the TVS NTORQ 125 experience, and we are committed to creating an end-to-end experience for our young customers.”

TVS NTORQ 125 is the first Bluetooth connected scooter in Nepal and has become synonymous with industry-first technology, unrivalled style and superior performance. The scooter boasts superior performance backed by TVS Racing Pedigree and premieres the SMARTXONNECTTM, an innovative Bluetooth-enabled technology paired with an exclusive TVS Connect mobile App. SMARTXONNECTTM enables a host of first-in-segment additions to the fully digital speedometer, which boasts features such as navigation assist, top speed recorder, in-built lap-timer, phone battery strength display, last parked location assist, service reminder, trip meter and multi-ride statistic modes such as Street and Sport. 

With this launch, TVS NTORQ 125 is available in five variants, Disc, Drum, Race Edition, Race Edition (BS-VI Fi) and SuperSquad Edition. It comes in a colour selection of Matte Red, Metallic Grey, Metallic Red, Metallic Blue. The Race Edition (including BS-VI Fi) is available in Red-Black and Yellow-Black, while SuperSquad Edition comes in Combat Blue, Invincible Red and Stealth Black. 

Wipro Recognized as 2021 Microsoft Modernizing Applications Partner of the Year

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has won the 2021 Microsoft Partner of the Year Award in the Modernizing Applications category. In addition, Wipro was also named as a category finalist in the 2021 AI Partner of the Year category, solidifying its reputation as an innovator in multiple sectors.

This recognition highlights Wipro’s deep expertise and ability to go above and beyond for its customers, powered by an established partnership with Microsoft. Even when working with complex customer environments, spanning across hundreds of servers with different applications of different versions, Wipro was able to help customers meet their business needs and leverage the power of public cloud in an efficient way.

“Global enterprises have embraced modernization at an unprecedented scale and pace, and the demands of the past year show no sign of easing. We are honored to be named Microsoft’s Partner of the Year for the second consecutive year. Earning this distinction in the highly competitive Modernizing Applications category is a testament to our expertise, our valued partnership with Microsoft, and our drive to simplify application modernization and accelerate clients’ digital transformation journey,” said Rajan Kohli, Managing Partner – iDEAS, Wipro Limited.

The Microsoft Partner of the Year Awards recognizes Microsoft partners that have developed and delivered outstanding Microsoft-based solutions during the past year. Awards were classified in a number of categories, with honorees chosen from a set of more than 4,400 submitted nominations from more than 100 countries worldwide. 

“I am honored to announce the winners and finalists of the 2021 Microsoft Partner of the Year Awards. These remarkable partners have displayed a deep commitment to building worldclass solutions for customers—from cloud-to-edge—and represent some of the best and brightest our ecosystem has to offer,” said Rodney Clark, Corporate Vice President, Global Partner Solutions, Channel Sales and Channel Chief, Microsoft. 

Wipro and Microsoft have worked together for over two decades to help enterprises of all sizes to simplify operations, drive business acceleration and enhance the customer experience. Furthermore, Wipro enhanced its offerings for solutions leveraging Microsoft’s enterprise cloud services with the launch of its Microsoft Business Unit in March 2020. Wipro has also adopted Azure Cloud for its own digital transformation journey.