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Bangalore Based Dairy Venture MilkLane Launches Nutrinos – A Category Innovation with First-Of-Its-Kind Dairy Product For Kids

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Nutrition-positive ready-to-eat dairy product Nutrinos has been developed keeping in mind the nutritional needs, taste and preferences of kids in the age group of 3-8 years

BENGALURU: MilkLane announced the launch of Nutrinos, a new category of ready to eat dairy product that caters to the nutritional needs of kids and help with their growth and development. Keeping in mind the unique palates and preferences of kids’, Nutrinos has been formulated with a kid-friendly recipe that is loved by kids and approved by moms. As part of the launch, celebrity mother Raveena Tandon and Gaurav Haran, CEO, MilkLane introduced the product, its benefits and how it will make it easy for kids to get their daily dose of nutrition.

Top Left-Celebrity Mommy Raveena Tandon, Bottom Left- Mr Gaurav Haran, CEO, MilkLane, Bottom Right- Ms Ranjani Raman, Dietician and Paediatric Nutritionist

Nutrition deficiency among children is a key concern for Indian parents including the more affluent ones. With Nutrinos, MilkLane aims to provide a wholesome fresh dairy-based protein, calcium, and vitamin rich food option that kids will enjoy. It has been developed by dairy and nutrition experts across India, Switzerland and Germany using choicest of high-quality ingredients – milk, real fruits, good bacteria and more.

Adding on a scoop of fun, the brand’s message of health is also supported by three mascots- Vita, Calci, and Proto who add a relatable and educational connect with kids by teaching them the importance of nutrition, while encouraging moms to let kids #GrowUpEasy.

Sharing her thoughts on the innovation, Ms. Nikita Chavan, Category Lead for Nutrinos shared, “The product will be available in a novel kids’ friendly format at an attractive price of Rs 50 – pack of two cups of 50 gms each. It can be consumed as a part of breakfast, or a lunch accompaniment, a 4 PM snack, or even with dinner. We are also launching the brand’s maiden campaign, ‘Grow Up Easy’ which will be led by our three fun animated characters Proto, Vita and Calci, and digital mommy stars. The brand has been designed to bring forward the benefits of Nutrinos in a fun and engaging, kid-friendly manner.”

Raveena Tandon, Celebrity Hands-on Mom, shared, “As a mom, I’ve realized that kids are indeed fussy eaters and take to food that is more visually appealing, fun and tasty. However, nutrition is key and this is something that worries most moms today, including me. I believe that Kids today need to #GrowUpEasy, healthy and happy and as moms, we need to support their growth and development in a way that appeals to them. I am happy to be associated with Nutrinos from the house of MilkLane, a tasty dairy brand enriched with essential nutrients that is formulated keeping in mind the taste and preferences of kids’.

Speaking about this development, Mr Gaurav Haran, CEO of MilkLane stated: “The launch of Nutrinos signifies MilkLane’s quest to reimagine the dairy offerings in India and provide truly innovative and world-class products to our consumers. Nutrinos is the result of more than 18 months of rigorous research and development by experts from across the world with more than 100 years of food product experience between them. Nutrinos is made from MilkLane’s already established best-in-class high-quality milk that is safe from antibiotics and toxins. Our state-of-the-art production and packaging lines follow international safety and hygiene standards. The product is manufactured completely untouched by human hands. It’s currently available in strawberry flavour and will soon to be introduced in banana and mango flavours.”

Thomas Kunz, former CEO of Danone Dairy, a global dairy brand as well as a board member and strategic adviser for MilkLane said, “This is a significant step for MilkLane to establish its presence in kids-consumer space. With Nutrinos, it introduces a product range to India that has been loved by kids across many countries and is well proven to provide healthy nutrition. This category is fast growing globally. Evolving tastes of urban Indian consumers, coupled with increasing spending power, augur well for this category to grow in India. Nutrinos launch is not only a win for MilkLane, a dairy producer that exemplifies new-age global dairy production standards in India, but also for our 5000+ farmer community who have joined us in the journey of creating high-quality milk products of international standards in India.” 

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IDBI Bank Launches “IDBI Swarna Kalash” – Specialised Gold Loan Branches

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Mumbai August 05, 2020: IDBI Bank announced the launch of four specialized gold loan branches branded as “IDBI Swarna Kalash”, by remodeling its existing branches. These branches are located at Neelamangalam, Sivaganga, Vijaya Nagar, Bengaluru and L .B. Nagar, Hyderabad.

IDBI Bank in their Q1 FY21 Financial Results reported an increase in the growth trajectory with Gold Loans as one of the premium product with minimum delinquencies.

These specialized Gold Loan Branches will facilitate quick, transparent and hassle free Gold Loan financing. The Gold Loans are offered at a competitive interest rate, starting from 8% p.a., to cater to the increasing credit demand in the Agri, PSL, and rural markets. Overdraft facility is also available under these loans and can be applied via a digital platform.

Shri. Rakesh Sharma, MD & CEO, through a virtual mode, inaugurated these four branches in the presence of Deputy Managing Directors Shri Samuel Joseph and Shri Suresh Khatanhar, and Executive Director Shri Rajeev Kumar.
Speaking at the launch program, Shri Rakesh Sharma MD & CEO said that “We have witnessed a surge in the demand gold loan and have conceptualized “Swarna Kalash” as a premium offering of IDBI Bank. Our focus is on creation of such specialized branches to cater to the demand in the market and facilitate an easy access to our gold loan customers.”

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Jawa riding experience amped up with the “BSVI models” 

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Bengaluru, 5th August 2020 – Classic Legends Pvt. Ltd. has begun the delivery of BS-VI models of Jawa and Jawa forty two through its dealership network across the country. Both models are now available for display, test rides and booking at the following Jawa dealership. 

Both Jawa and Jawa forty two continue to sport the 293cc, liquid cooled, single cylinder, DOHC engine. Both bikes now feature India’s first cross port technology that increases the volumetric efficiency of the engine by enabling better flow of charge and exhaust gases, and improves power and torque output.  

This engine is the world’s first single cylinder engine that uses the cross port configuration and develops similar power and torque to the BS4 configuration to offer the same superior riding experience to the customer. This tech also helps the motorcycles retain their characteristic twin exhaust identity and meet the stricter BS-VI emission standards while retaining similar power and torque numbers.  

With the world’s first Cross Port configuration on a single cylinder engine, the Jawa’s newly positioned lambda sensor monitors internal and external variables even more efficiently to give a consistent performance and cleaner emissions regardless of any road condition. The throttle response has been made crisper to respond to even the slightest inputs with precision through improved fuelling.  

The seat has been reengineered with a new seat pan as well as cushioning translating to more comfort over longer rides. In the cosmetic department, the chrome plating now comes with the backing of rigorous testing rated at two and a half times the industry standard. Both Jawa models continue to sport best in class braking systems equipped with (single & dual channel) ABS by Continental, offering shortest braking distance and best control among its competitors. 

In addition, there have been a host of changes under the skin right from the tone of the horn to a slicker gearshift.  

The motorcycles are also available with a range of easy finance options, that minimize the upfront spend and allow the customers the flexibility of paying the EMIs over a period of two or three years. 

The Finance Options on offer across Jawa dealerships are: 

  • Scheme 1 – 50% off on first 3 EMIs 
  • Scheme 2 – Special EMI plan @ Rs. 5,555/month 
  • Scheme 3 – EMI plans as low as Rs. 8,000 @ 2years and Rs. 6,000 @ 3years 
  • 100% funding | Zero down payment | No income proof required. *T&C apply 

     

    Classic Legends has put in place a comprehensive standard operating procedure across its sales outlets and the dealerships have been adhering to the policies and measures directed by the Central and State governments with respect to the safety of customers, employees and visitors. The showrooms are functional with teams trained and equipped to follow social distancing, hygiene and sanitation protocols. 

     

    The detailed price breakup by model are as below: 

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Ashwini Kumar Tewari Takes Charge as The Managing Director and CEO of SBI Card 

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Bengaluru, 4th August 2020 : SBI Card, the country`s second largest credit card issuer announced that Mr. Ashwini Kumar Tewari has taken over as the company`s new Managing Director and Chief Executive Officer. The baton passes from Mr. Hardayal Prasad who retired on July 31, 2020, following a successful tenure during which the company achieved many significant accolades.  

Mr. Ashwini Kumar Tewari is a career banker with over 29 years’ experience with State Bank of India, including domestic and foreign postings. Prior to taking charge at SBI Card, since April 2017 Mr. Tewari held the position of Country Head of US Operations at SBI, based in New York. He also served as Vice Chairman of the State Bank of India (California) Board of Directors. 

Commenting on the development, Mr. Dinesh Khara, Managing Director, GB &S, State Bank of India said, “We are pleased to welcome Mr. Ashwini Kumar Tewari as the MD & CEO of SBI Card. He has demonstrated authentic, adept leadership in diverse positions both in India and abroad, during a successful career. We believe that he has the strategic vision and skill sets to lead the rapidly growing credit card business. We are confident that he will be able to further strengthen SBI Card’s market share and propel the business to new milestones.” 

Mr Ashwini Tewari, MD & CEO, SBI Card said, “We are at the cusp of an interesting time – there is a digital payments revolution sweeping India today and the country is firmly on the path to becoming a digital economy. SBI Card has achieved stellar success so far; and with the right focus on innovation, technology and customer service, the company remains poised to capitalise in a big way on the significantly underpenetrated Indian credit card market.  I look forward to steering SBI Card’s efforts to enhance customer experience at every touch point, fuelling growth and strengthening our position as industry leaders.” 

He added, “My immediate goal is to ensure sustained business performance as seen in the last two quarters, despite the challenging environment. In the long run, my endeavour would be to enable SBI Card to scale new heights along with the robust management team that has been driving the growth of this exceptional company.” 

Mr Tewari started his banking career with SBI in 1991 as a probationary officer. He has expertise in driving business, administration, and HR. He has experience in diverse leadership roles, extending across significant business functions like Credit, International and Retail Banking including Business Process Re-engineering. He was involved in the bank technology upgrades in Core Banking and Internet Banking platforms and acquisition of a new Trade Platform. 

In his previous assignments, he served as Regional Head and GM, East Asia Hong Kong and oversaw operations of SBI in Hong Kong, China, Japan, Korea, and the neighbouring region. He also served as Deputy General Manager, (Operations & Information Systems), IBG, Mumbai and Head of SBI’s Cash Management Services. Mr. Tewari has served on the boards of International Institute of Bankers, New York and University of Washington Global Bankers Program. 

Mr. Tewari holds a bachelor’s degree in Engineering (Electrical). He is also a Certified Associate of Indian Institute of Bankers (CAIIB) and Certified Financial Planner (CFP). He has a CFPCM certificate and is ACAMS certified. 

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eBay announces its association with the International Gemological Institution

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available exclusively for eBay Seller Community

(Bengaluru, 04th August 2020): With an objective to drive precedence in one of the most significant categories in Indian exports, eBay in India announced its association with the International Gemological Institute (IGI).The largest organization of its kind, IGI is a highly trusted name in certifying the widest variety of gemstones and jewelry in the world.

The Gems and Jewelry Certification program (GJCP) introduced by eBay for Indian sellers primarily aims to support the country’s jewelry industry in the global market and establishing eBay as an ultimate destination for fine jewelry products.  The sellers can now get their products certified from IGI at the most competitive pricing available exclusively to the Indian domiciled eBay seller community.

Commenting on the launch, Mr. Vidmay Naini, India Country Manager at eBay said, “At eBay our aim is to provide our sellers avenues to win more customers across the world and to get global customers the best quality of products. Our association with IGI is a step in that direction. Transparency and authenticity are the topmost considerations while making a purchase for fine jewelry. In the current scenario, with most of the purchases happening on the e-commerce platforms, it is only fair to say that consumers expect authenticity in what they purchase. The certification of Diamond Jewelry and loose stones will foster that confidence in the buyers and sellers alike on eBay.”

He further added, “Loose Diamonds & Gemstones category has witnessed a healthy push in the previous quarter with the introduction of GJEPC certification program. Meeting the demand for higher priced gemstones along with building trust amongst the buyers globally through certification has been the strategic approach at eBay INCBT, and we will continue to build upon the same in 2020 and onwards.”

Mr. Tehmasp Printer, Managing Director at IGI said,” We at IGI, consider the association with eBay as the beginning of a revolutionary consumer experience. With IGI certification, customers can now purchase their jewelry online, validated as per internationally acclaimed grading standards and practices. We look forward to empowering buyers on eBay with our services.

eBay Sellers domiciled in India can avail Gems and Jewelry Certificate Program benefits in three simple steps:

1.      Sell the Gemstone and Fine Jewelry Items on eBay marketplace

2.      Apply and obtain IGI certification for such Fine Jewelry items

3.      Ship the certified Fine Jewelry items with the IGI certificate to buyers

For more details, check https://bit.ly/GemsAndJewelryCertification

The Indian jewelry industry holds prominence on the platform and has shown a steady growth in recent years, providing a shining example of achieving international competitiveness. With real-time insights into the global market demands, eBay- INCBT has enabled some of India’s top diamond jewelry manufacturers and exporters who offer latest designs best quality diamonds and free customization at aggressive price points to the world.

eBay is committed towards understanding the concerns of both the buyers and sellers alike. The IGI certification provides a global standard of excellence to the diamonds and loose stones exported from India and gives much needed impetus to this commitment.

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