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Sunday 29 August 2021

Company Updates 26.8.21 to 29.8.21

Thomas Cook India forays into Ranchi to tap the growing travel market Inaugurates new Gold Circle Partner (Franchise) outlet at Girdhar Plaza, Ranchi

With a focus to leverage the growth market of Jharkhand and Eastern India, Thomas Cook (India) Limited, India’s leading integrated travel services company, inaugurated a new Gold Circle Partner (franchise) outlet in Ranchi. The outlet was inaugurated by the Minister of Minority Welfare & Tourism, Arts & Culture, Sports & Youth Affairs Department, Government of Jharkhand - Mr. Hafizul Hassan Ansari.

Thomas Cook India’s Third Holiday Readiness Report reveals strong travel demand: 69% respondents are keen to resume travel in 2021. A significant 77% need the guidance of a holiday expert and hence to support its Ranchi based customers, Thomas Cook India has set up a Gold Circle Partner outlet at Girdhar Plaza – a key commercial hub of Ranchi.

Range of Products-Services available:

To benefit its customers, the outlet offers Thomas Cook’s extensive range of International & Domestic holidays (group escorted tours with an experienced tour manager, also personalised holidays, cruises, etc.), Travel Insurance and Visa Services. To build consumer confidence, the outlet also offers Thomas Cook India’s TravShield: Travel Safety Commitment, that covers every aspect of physical safety as well as mental and financial security to give the customer complete peace of mind.

Traveller Trends (Ranchi & Jharkhand)

• 69% customers are keen to travel during the upcoming Festive Holiday season
• 60% want to explore India- favourites include Kashmir, Ladakh, Goa, Kerala, Andamans
• 40% prefer tours to Europe (Switzerland, France, Spain, Russia) also Maldives, Egypt, and Turkey.
• Outdoor/ adventure based experiences like bike trails in Leh-Ladakh,, snorkelling, zip lining, and wildlife safari

TCS Recognized as a Leader in the IDC MarketScape for Smart Manufacturing, Worldwide & Europe

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been positioned as a Leader in the IDC MarketScape for Smart Manufacturing Services Worldwide as well as Europe1 . 

According to the report, “Besides its global footprint and industry expertise, customers expressed a high level of satisfaction with TCS.” It goes on to say, “…customers praised TCS’ customer support service and proactivity as well as its capabilities to deliver resources even in challenging and evolving business conditions.”

“TCS helps manufacturing customers leverage technologies such as machine vision, AR-VR and AI to transform their manufacturing operations, making them connected, resilient and adaptable,” said Susheel Vasudevan, Business Group Head, Manufacturing and Utilities, TCS. “We believe this Leadership positioning by an independent third-party research firm is a testament to our strong vision and strategy, innovation capabilities, and comprehensive offerings that enable smart manufacturing.” 

TCS works with the world’s leading manufacturers, helping them embrace business innovation to advance their growth and transformation agendas. It has invested in creating intellectual property and establishing Centers of Excellence in smart manufacturing, focused on automotive, industrial machinery and farming equipment, agriculture, white goods and services, process, and aerospace and defense. Leveraging its manufacturing domain expertise, business knowledge, and transformation capabilities, TCS provides a comprehensive portfolio of services and solutions around smart manufacturing. 

TCS’ Neural Manufacturing thought leadership framework enables manufacturers to harness new technologies like AI/ML, cloud, blockchain and IoT, to enable the sense-perceive-act capabilities necessary to orchestrate purpose-driven, ecosystem-based intelligent business models for innovation, competitive differentiation and growth. Further, its IoT business framework, Bringing Life to Things™ helps customers build predictive and self-aware systems that can sense and intelligently respond to changes in the physical environment. 

TCS’ Smart Factory offerings guide manufacturers on their roadmap, helping them make informed decisions based on their priorities and strategy, and driving their transformation journey. Services span consulting and design, development and verification and validation, deployment and system integration, and managed services and support. 

Its proprietary Industry 4.0 solutions for operations transformation, help customers across manufacturing, consumer packaged goods, automotive, aerospace, energy, utilities, healthcare, life science and hi-tech domains, achieve an autonomous or lights-out factory vision. These include, Manufacturing Maturity Model, Lite MES, Digital Manufacturing Platform, Intelligent Power Plant, InTwin, TCS Clever Energy™, TCS Connected Universe Platform, and IKRIS. 

 Receipt of Hon’ble National Company Law Tribunal, Mumbai Bench (‘NCLT’) order sanctioning the scheme of arrangement between the Company and TML Business Analytics Service Limited (‘Transferee Company’) and their respective shareholders (“Scheme”)

This is with further reference to our letters dated March 27, 2020, July 31, 2020 and March 5, 2021 regarding the captioned Scheme. We are pleased to inform you that, the Hon'ble NCLT vide its order dated August 24, 2021, has sanctioned the said Scheme.

A certified copy of the order passed by the NCLT along with a copy of the Scheme is being made available on the Company’s website.

We would like to bring to your notice that as mentioned under the Scheme, the Scheme would be effective on the last of the dates on which all the conditions and matters referred to in Clause 24 of the Scheme have been fulfilled or waived in accordance with this Scheme. The Company would be filing the said order along with a copy of the Scheme with the Registrar of Companies, Mumbai within 30 days of date of receipt thereof.

HERO MOTOCORP REVS UP ITS PREMIUM MOTORCYCLE PORTFOLIO IN BANGLADESH 

LAUNCHES THE EXCITING NEW ‘HERO HUNK 150R’ WITH SEGMENT LEADING FEATURES 

Building on its robust portfolio of premium products in the country, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, is all set to excite the customers in Bangladesh with its latest motorcycle – the Hero Hunk 150R. 

Developed especially for the Bangladesh market, the premium Hunk 150R delivers an unparalleled experience with its new-age experience and riding style. The bike offers bestin-class single-channel ABS and a 7-step adjustable mono-shock rear suspension for superior and safe handling - making the Hunk 150R a stand-out premium product that will appeal to the aspirational youth of Bangladesh

Offering performance, sportiness and features, the Hunk 150R is available at an attractive inaugural price of BDT 164,490 (Double Disc) and BDT 174,490 (Double Disc with Single Channel ABS), across Bangladesh at authorized dealer touch-points. 

In addition to its new-age styling, real-world performance, unmatched ride & handling, and enticing features, the motorcycle is also equipped with the best-in-class 130/70 R17 Rear Tyre ensuring superior road grip in all riding conditions. 

Commenting on the launch, Sanjay Bhan, Head – Global Business, Hero MotoCorp said, “Bangladesh continues to be one of our most important & strategic markets. The Hunk 150R has been designed and developed for the Bangladesh market and further strengthens Hero MotoCorp’s premium portfolio that includes motorcycles such as Hunk 150 and Thriller 160R. This launch amplifies our commitment to providing exciting products to our customers in Bangladesh. The launch of Hunk 150R is in line with our R4 strategy (Revitalize, Recalibrate, Revive and Revolutionize) to grow our presence and volumes in key markets.” 

Hero MotoCorp forayed into Bangladesh in April 2014 through a joint venture with Nitol Niloy Group. The Company has a state-of-the-art manufacturing facility at Jessore with an installed capacity of 150,000 motorcycles and scooters per annum. 

 Hero MotoCorp products are sold across the country through Niloy Motors Limited, the exclusive distributor of Hero MotoCorp products in Bangladesh, which has a network of more than 500 customer touch-points across the country. Hero MotoCorp was the first Page 2 of 3 manufacturer in the country to offer five years warranty on its products. The company’s current product portfolio in Bangladesh includes eight motorcycles and two scooters.

HERO HUNK 150R

Unmatched Ride and Handling

Equipped with a 149.2 cc air-cooled engine, the Hunk 150R delivers an impressive 14.2 BHP of power and 12.5 Nm of torque.

Aimed to provide a real-world performance, the Hunk 150R features a lightweight yet rigid diamond tubular frame offering precise handling and stability on corners and straight roads. Paired with 130/70mm Radial Rear Tyre, the Hunk 150R ensures a superior road grip in all riding conditions.

The riding triangle has been tuned to provide the perfect balance of agility, stability, and comfort. The motorcycle also boasts of a first-in-category 7-step adjustable mono-shock suspension for ensuring a sporty ride. The broad 37mm beefy front forks also ensure a stable and plush ride for the rider.  

Superior features

The Hunk 150R comes equipped with many safety features and is equipped with the optional single-channel ABS ensuring safe braking. Sporting a new alloy wheel design, the 276mm front and 220mm rear disc brakes come as a standard feature for efficient stopping power in all riding conditions. 

Designed to provide ease of access, it features a sporty Digi-Analog Instrument Cluster with a side stand indicator, trip meter, and service reminder. The self-start button comes as a standard along with an engine kill switch for added convenience.

Dynamic Design & Style

The hunk 150R flaunts a muscular fuel tank with aggressive shrouds that make a bold statement while riding and enhances the road presence. 

Adding to the striking aesthetics is a chiseled rear cowl, sporty headlight with wolf-eyed LED position lamps, LED tail-light with signature light guides making it easier to get recognized even in dark. The sport-dynamic graphics actuates the design lines offering an unmistakable style. 

Colors with Expression & Variants

The Hunk 150R is available in two variants – Double Disc and Double Disc with singlechannel ABS. It is offered in three colors – Black, Sports Red, and Techno Blue 

Eugia receives USFDA Approval for Cyclophosphamide Injection

Aurobindo Pharma Limited (along with its subsidiaries together referred to as “Aurobindo”) is pleased to announce that its subsidiary Eugia Pharma Specialities Ltd. (Eugia) has received a 505(b)(2) NDA approval from the U.S.Food & Drug Administration (USFDA) for its Cyclophosphamide Injection 500 mg/2.5 mL and 1 g/5 mL vials. Aurobindo’s product will be available in ready-to-use (RTU) injection preparation. The product shall be launched in the US market in the near term and will be manufactured in Eugia’s manufacturing facility in India.

Aurobindo’s Cyclophosphamide Injection is indicated for 

• Malignant lymphomas
• Multiple myeloma
• Leukemias
• Mycosis fungoides (advanced disease)
• Neuroblastoma (disseminated disease)
• Adenocarcinoma of the ovary
• Retinoblastoma
• Carcinoma of the breast 

The approved product has an addressable market size of US$ 170 million for the twelve months ending June 2021 according to IQVIA

This is the 19th product to be approved (including 3 tentative approvals) for Eugia. Aurobindo now has a total of 482 ANDA approvals (453 Final approvals and 29 tentative approvals) from USFDA