Category: launch

Samsung to reach out to around 25000 students through this citizenship programme

BENGALURU, India – February 27, 2020: Samsung R&D Institute Bangalore (SRI-B), Samsung’s largest R&D center outside Korea, and Government of Karnataka today announced the launch of ‘Samsung Digital Library’, an initiative aimed at bridging the digital divide and help the Karnataka government fulfil its objective of equal education opportunities for all.

Samsung Digital Library will be implemented across 100 plus government schools of Karnataka wherein more than 2000 Samsung Galaxy Tab A and “e Education Content along with Training” will benefit nearly 25000 students.
Samsung Digital Library programme was inaugurated today in the presence of Mr. S Suresh Kumar, Minister of Primary and Secondary Education of Karnataka. Also present at the event were Mr. Heejoon Kang, Chief Financial Officer, SRI-B, and other Samsung executives.
Mr. S Suresh Kumar, Minister of Primary and Secondary Education, Government of Karnataka, said, “Our focus on strengthening the primary education system will be bolstered through this partnership with Samsung. Students at this age must get an experience of the latest technology to have a holistic development. The Samsung tablets will be an ideal way to engage these kids in an interactive manner and we hope this to be a fulfilling association.”
“At Samsung, education is a cause that is close to our heart. We are committed to help students learn and bridge the digital divide with our new initiative – Samsung Digital Library. Through this partnership with the state government, we are hopeful that the students can adopt more engaging methods of learning with new age technology,” Mr. Dipesh Shah, Managing Director at Samsung R&D Institute Bangalore, said.
Samsung Digital Library is a new corporate social responsibility initiative that has been introduced by SRI- B. The initiative will focus on providing quality digital knowledge and education in government schools of Karnataka.

In the first phase of the initiative, 20 tablets per school will be distributed across 50 Government schools of Tumakuru and Ramanagar. Tumakuru is also a ‘Smart City’, and this collaboration will further the government’s initiative towards digital education. The second phase is slated for the month of August this year.
Samsung has a strong partnership with the state of Karnataka and has been acknowledged for its sustainable efforts to transform the society through multiple initiatives towards community building. Since 2015, the CSR team at SRI-B has been active in carrying out various drives like the Notebook donation drive, building of a new school in Kembodi, solar lantern distribution and many such activities across Karnataka.
Karnataka is also the home to the world’s largest mobile experience center- Samsung Opera House and the biggest R&D centre of Samsung outside Korea. Samsung R&D Bangalore is a key innovation hub in Samsung. With the best of talent from India and overseas, this centre focusses on creating cutting edge technologies across multiple areas of Samsung’s business, that transform experiences of users both globally, as well as in local markets. 

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” Honda delivers 301 units of Dio BSVI in Bangalore in a single day”

• 110cc HET BSVI PGM-FI engine powered by eSP (Enhanced Smart Power) technology

• As many as 20 new patent applications

• NEW Silent Start System: Patented ACG starter motor ensures quick, silent, jolt-free start every time

• New Fully Digital Meter: Interactive fully digital meter to share real-time informatics NEW Side Stand Indicator with Engine Cut-off’ prevents engine start while the side stand is engaged enabling a convenient and carefree ride

• Fresh Sporty & Aggressive look : Redefined signature LED position lamp, NEW Logo & Graphics and NEW Rear Split Grab Rail

• Get an enhanced convenience & comfort with NEW Telescopic Suspension, NEW 12-inch Front Wheel, NEW

• Special 6-year warranty package NEW (3 years standard + 3 years optional extended Integrated Dual Function Switch & “EW DC LED Head Lamp” warranty)

• Dio BSVI available in 2 variants (Standard & Deluxe), price starts Rs. 64,584(ex-showroom Bangalore)

Bangalore, February 25, 2020 – Taking another step towards #AQuietRevolution, Honda Motorcycle & Scooter India Pvt. Ltd. today celebrated 18 years of India’s 1″ moto-scooter with the launch of all new BSVI Dio in Bangalore. On the launch day itself, Honda 2Wheelers India delivered 301 units of Dio BSVI across Bangalore!

Speaking on Dio BSVI, Mr. Yadvinder Singh Guleria, Senior Vice President, Sales and Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. said, “South has always been an important market for Honda 2Wheelers India and Honda is the leading 2Wheeler brand in the region with 34% market share. Dio has grown today to become the second highest selling two-wheeler in the south region, We are confident that with its new sporty aggressive design and advanced technology; the new Dio BSVI will create yet another excitement among fun-seeking youngsters.

Innovation in Technology With as many as 20 new patent applications, Honda the all new Dio is developed with a revolutionizing style for youth. At the heart of Dio BSVI ticks Bharat Stage VI compliant Honda’s trusted 110cc PGM- FI HET (Honda Eco Technology) engine, boosted by Enhanced Smart Power (eSP) NEW technology.

The eSP technology integrates Honda’s unique ACG starter (for a quick, jolt free engine start), reduced friction (for an improved fuel efficiency) and Programmed Fuel Injection (6 intelligent sensors result in smoother and linear output). Honda’s NEW Enhanced Smart Tumble Flow technology (eSTT) improves combustion using reverse flow phenomenon and optimizing inlet port shape. NEW Full digital meter with 3 new real time informatics like Range (displays distance one can travel with existing fuel in tank), Average fuel efficiency (for overall fuel efficiency display) & Real-time Fuel Efficiency for a rich riding experience.

Side Stand Indicator with Engine Cut-off NEW prevents engine start while the side stand is engaged giving a convenient and safe ride.

Fresh Style Revolution Honda Dio’s fresh design language with redesigned front ribs and new signature LED Position Lamp provide an aggressive stance to the moto-scooter. The modern tail lamp design, sport split grab rail, sharper ‘Dio’ logo NEW & Striking Graphics NEW make it an irresistible choice for fun seeking young customers.

Enhanced Convenience & Comfort: Eliminating all the hassle of rough roads is the NEWTelescopic Suspension and NEWDC LED headlamp. Making every ride on new BSVI Dio comfortable and convenient is the Combi-Brake System (CBS) with equalizer and 3-step adjustable rear suspension NEW along with increased wheelbase (+22mm).

A dual-functioning Engine Start/Stop switch NEW to start over the engine with a flick of finger. Integrated Dual Function Switch NEW provides single switch access to under seat storage space as well as External Fuel Lid NEW.

Passing Switch NEW provides the convenience of controlling high beam/low beam & passing signal from one single switch. Store more while on the go with the premium quality NEW Front Pocket.

New meter design comes with 3-Step Eco Indicator to help achieve the best fuel efficiency and On- Board Diagnostic feature of Malfunction light NEW which automatically detects any malfunction in the engine with the help of sensors.

Essential Reliability: As another industry first, Honda will also be offering a special 6-year warranty package NEW (3 years standard + 3 years optional extended warranty) on Dio BSVI.

Price, variants & colors: New Dio BSVI will be available in two variants Standard & Deluxe. The Standard variant will be offered in 4 color options – Mat Axis Grey Metallic, Candy Jazzy Blue, Sports Red & Vibrant Orange. The Deluxe variant will be offered in 3 color options – Mat Sangria Red Metallic, Dazzle Yellow Metallic & Mat Axis Grey Metallic.

The all new Dio BSVI is priced attractively starting from Rs. 64,584 (Ex-showroom, Bangalore).

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~Three cards launched- Lifestyle Home Centre SBI Card, Max SBI Card and Spar SBI Card ~

~Designed to offer savings on purchases of the entire family across categories including fashion, home furnishing and grocery

Bengaluru, 20th February 2020: SBI Card has partnered with Landmark Group, one of the largest retail and hospitality conglomerates in India, to launch a unique set of retail co-branded credit cards. The three newly launched cards, Lifestyle Home Centre SBI Card, Max SBI Card and Spar SBI Card, have been introduced in partnership with four Landmark Group brands – Lifestyle, Home Centre, Max and Spar.

Designed to be a one stop payment solution for the entire family, these cards provide a rewarding shopping experience to cardholders across categories that include fashion – premium and affordable, home furnishing including furniture and grocery. The underlying value proposition of all these cards is the same. Cardholders of any of these cards can avail similar benefits at all participating Landmark brands, thus getting savings and a host of other benefits across a spectrum of categories through a single card.

The new co-brand cards are available in three variants – Base, SELECT and PRIME and cater to consumers across segments from value-for-money to premium to super premium. 

Speaking at the launch, Mr Hardayal Prasad, MD & CEO, SBI Card, said, “We are pleased to partner with Landmark Group to introduce Lifestyle Home Centre SBI Card, Max SBI Card and Spar SBI Card. Through this tie up we will offer our cardholders a strong savings proposition across key spend categories such as fashion, home furnishing, furniture and grocery on a single card. The newly launched cards bring a one stop payment solution to meet and reward purchase needs of consumers in these segments. This launch will strengthen our retail co-brand credit card portfolio which we have built to fulfil diverse consumer needs.”

According to Mr. Vasanth Kumar – Managing Director, Lifestyle International Pvt. Ltd.: “As a leading retail player in the country, we continuously endeavour to enable a joyful and rewarding shopping experience for all our customers. The co-branded credit card with SBI Card is yet another step taken to fulfil that promise. With accelerated reward points and spend based benefits, these cards will be a win-win for consumers as they shop across various Landmark brands. Offering the best of both the players, the co-branded SBI credit card program will combine the shopping experience, convenience and value that customers have come to know and love from Landmark Group backed by the best-in-class service, benefits and security of SBI Card.”

According to Mr. Shital Mehta – Executive Director & CEO, Max Fashions, “As a leading fashion brand, we want to bring more value to our customers through a co-branded card that rewards users on their purchases. This co-branded card will provide additional benefits to our valued customers thus enabling us to deepen our relationship with them while providing them yet another reason to shop at our stores. Max is very thrilled to be partnering with SBI Card.”

PRIME variant cardholders can avail total savings of up to INR 30,000 annually on this card.

Cardholders enjoy complimentary loyalty membership to Landmark Rewards Program and they also earn accelerated reward points on the SBI Card rewards platform upon shopping with these cards. Cardholders of the PRIME variant of the co-brand cards earn 15 reward points per INR 100 spent at Lifestyle, Home Centre, Max and Spar; 10 reward points per INR 100 spent on dining and movies; and 2 reward points per INR 100 spent on other retail purchases. SBI Card Reward Points can be converted to Landmark Rewards and redeemed across Lifestyle, Home Centre, Max, Spar and other Landmark Brands in India thereby rewarding loyal customers.

The cards also reward customers for their loyalty through various spend based milestone benefits as well as bonus reward points upon card renewal. Customers of PRIME variant can avail savings of up to INR 14500 on achieving milestone spends. The cards deliver value from the point of enrolment itself, offering welcome benefits worth INR 3000 on the PRIME variant.  Renewal benefits worth INR 3000 can be availed upon card renewal.

The joining and renewal fee for the Base variant is INR 499 plus GST, SELECT variant is INR 1499 plus GST and PRIME variant is INR 2999 plus GST.

Highlights of Lifestyle Home Centre SBI Card, Max SBI Card and Spar SBI Card

• Accelerated Reward Points
  • PRIME variant:
    • 15 Reward Points per INR 100 spent at Landmark brands (Lifestyle, Home Centre, Max & Spar)
    • 10 Reward Points per INR 100 spent on Dining & Movies
    • 2 Reward Points per INR 100 spent on other retail purchases (Non-fuel)
  • SELECT variant:
    • 10 Reward Points per INR 100 spent at Landmark brands (Lifestyle, Home Centre, Max & Spar)
    • 10 Reward Points per INR 100 spent on Dining & Movies
    • 2 Reward Points per INR 100 spent on other retail purchases (Non-fuel)
  • Base variant:
    • 5 Reward Points per INR 100 spent at Landmark brands (Lifestyle, Home Centre, Max & Spar)
    • 5 Reward Points per INR 100 spent on Dining & Movies
    • 1 Reward Point per INR 100 spent on other retail purchases (Non-fuel)

• Spend-based milestone benefits
  • PRIME variant: Cumulative milestone benefit up to 58,000 RP worth INR 14,500
  • SELECT variant: Cumulative milestone benefit up to 34,400 RP worth INR 8,600
  • Base variant: Cumulative milestone benefit up to 16000 RP worth INR 4000

• Welcome & renewal benefit
  • PRIME variant: 12000 bonus reward points equivalent to INR 3000 on payment of annual fees and renewal fees
  • SELECT variant: 6000 bonus reward points equivalent to INR 1500 on payment of annual fees and renewal fees
  • Base variant: 2000 bonus Reward Points equivalent to INR 500 on payment of annual fees and renewal fees

• Airport lounge access on PRIME variant
  • Complimentary Priority Pass membership – Up to 4 complimentary visits per calendar year to International Priority Pass Lounges, outside India (maximum 2 visits per quarter)
  • Domestic Lounge Membership – Up to 8 complimentary visits per calendar year to Domestic VISA Lounges in India (maximum 2 visits per quarter)

• Closed Loop Reward Redemption
  • Cardholders can redeem reward points at Lifestyle, Home Centre, Max, Spar and other Landmark Brands in India 

• Fuel surcharge waiver
  • 1% fuel surcharge waiver across all petrol pumps in India

About SBI Card

SBI Cards and Payment Services Limited (formerly known as SBI Cards and Payment Services Private Limited) (“SBI Card”) is a non-banking financial company that offer extensive credit card portfolio to individual cardholders and corporate clients which includes lifestyle, rewards, travel & fuel and banking partnerships cards along with corporate cards covering all major cardholders’ segments in terms of income profile and lifestyle. It has diversified customer acquisition network that enables to engage prospective customers across multiple channels. SBI Card is a technology driven company. Visit www.sbicard.com for more details.

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India’s first ceiling fan equipped with Smart modewhich sensesthe temperature and humidity in the roomwhile adjustingthe fan speed accordingly
Machine learning will enable insights on usage pattern and support new product development

National, February 19th, 2020:Havells India Limited, a technology led Fast-Moving Electrical Goods (FMEG) and Consumer Durable company today launched, country’s first intelligent Fan –Carnesia-I with smart mode. The new fan is one of the most technologically advanced – IoT fan that will add convenience and comfort to consumer’s fast-paced life. The intelligent fan range comes at an attractive consumer price of approx. Rs 4500.
Speaking on the occasion, Mr. Ravindra Singh Negi, President, Electrical Consumer Durables, Havells India Limited said,“Innovation, technological advancement and offering unique features to consumers has been at the core of our product philosophy and Carnesia-I is a great example of that. It is an intelligent fan that can sense temperature and humidity in the room and offer right speed for enhanced comfort to our consumers. With qualitative ‘segment first’ features we are sure that it will further strengthen our footprint in the industry. Based on our philosophy of ‘Making a difference’, we will continue to delight our consumers with feature rich and unique products in the future as well”.

The smart fan range is compatible with voice enabled devices like Alexa & Google Home and can be operated with mobile application. The Carnesia-I comes with multi-user mode- enables access to operate single fan by many users. The ‘Smart Mode’ senses the temperature and humidity in room while adjusting the fan speed accordingly.Apart from this, the fan also offers new auto modes like Sleep and Breeze for night comfort and natural breeze effect. Other features include five-level speed control, timer setting and automatic ON and OFF.
India’s organized fan market is currently pegged at Rs8000 crore. Havells entered the fans segment in 2003 and has today emerged as one of the fastest growing, most trusted and amongst the top two players in the country. The company is currently present in the premium & super premium categories and offers a choice of over 250 SKU’s of high performance, decorative and energy saving fans to quality conscious customers. It enjoys dominant market share in premium and super premium category.

Havells has the most modern manufacturing plant for fans in Haridwar, Uttarakhand. It is India’s first and largest fully integrated state-of-the-art manufacturing plant where all categories of Fans including ceiling, table, wall, exhaust & pedestal are manufactured under one roof. The current production capacity of the plant is more than 10 million fans annually. The plant is equipped with ‘state-of-the-art’ technology including automated CNC machines for end covers, computerized conveyor assembly line and testing facilities.
In Fan’s Havells is the first company to introduce Metallic colour fans in India in 2004. Havells has also started making its presence felt in the international markets in the fan’s category. 

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February 05, 2020: IDFC Asset Management Company (AMC) announced the launch of an open-ended equity fund, predominantly investing in small cap stocks, – IDFC Emerging Businesses Fund. The new fund seeks to look at Growth opportunities in the Small Cap space alongside applying quality filters. Further, the fund is mandated to invest at least 65% in Small Cap segment. IDFC Emerging Businesses Fund will contain buy and hold strategies as well as opportunistic picks in the cyclical space. The fund will also look to participate in new businesses via IPOs. The fund will be managed by Mr. Anoop Bhaskar, Head – Equity, IDFC AMC.
Highlighting why now is the right time to invest in a Small Cap Fund, Anoop Bhaskar, Head – Equity, IDFC AMC, said that, “While not all the companies in the Small Cap space would move up the market cap curve, we believe it is important that we are cognizant of the market phase (pricing/valuation) when we enter into this space. The three main reasons to consider investing in Small Caps now are based on these factors – Price, Valuation and Volumes. Small Caps have witnessed significant price correction since the beginning of January 2018, the underperformance is a whopping 46% vs, Large Cap, as on December 2019. Small Caps are trading well below its average discount with the Small Cap Positive PE at 14.8 versus 5-year average 17.4. Additionally, Small Cap PE is now trading at a discount of 34% to its Large Cap counterpart versus average discount of 15%. Finally, when we compare the volumes in the Small Cap segment, a bear market typically witnesses a 65-70% fall in volume from its peak, post which the turnaround begins. The current cycle has already seen volumes fall by 66% from its early 2018 peak.”
The New Fund Offer will open from Monday, February 03, 2020 to Monday, February 17, 2020, during which, Units will be offered at Rs. 10 each and continuous offer for Units at NAV based price. The Scheme will re-open for ongoing subscription and redemption within five business days from the date of allotment of units at NAV based prices.
Small Cap investing is typically meant for a seasoned investor or those investors with high-risk appetite. While Small Caps do provide opportunities to generate reasonable outperformance, one needs to be aware of large drawdowns, liquidity issues and governance issues. To counter these risks, the fund will have a diversified portfolio approach with a 65-100% exposure in Small Caps and remaining in other equities. The fund will seek to steer clear from a concentrated portfolio – with higher number of shares (>30-35) and lower allocation towards top 10 stocks (<45%), gradually scaling up positions in Small Caps. A truly diversified portfolio, one that is not concentrated, will also help reduce impact of incidents that may occur due to possible governance issues that are likely in the Small Cap space.
Product Video: https://idfcmf.com/youtube-detail/1188

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