Tuesday, May 26, 2020

Paytm enables Vodafone Idea recharges for crores using feature phones with their UPI ID

India’s leading financial services platform Paytm is now empowering feature phone users to recharge for their Vodafone Idea numbers with just a valid UPI ID. Along with the telecom major and National Payments Corporation of India (NPCI) to extend this service throughout the country. The move would help crore of citizens who mostly use feature mobile phones to now top up their numbers without having the need to visit physical stores. The company added said that there is no need to have a mobile-internet data facility and non-Paytm app users can also easily avail of this service.

Paytm said that this service is based on the NPCI’s innovative payment service *99# which works on the Unstructured Supplementary Service Data (USSD) channel. This service allows mobile banking transactions using basic feature phones without the need of having a mobile internet data facility for using USSD based banking. It is envisioned at the financial inclusion of the underbanked in mainstream banking services.

Paytm which is working towards the ultimate goal of bringing half a billion Indians into the mainstream economy, has taken part in this initiative to ensure that millions of migrants who might be away from home and have limited means, stay connected with their families.

Abhay Sharma, Sr. Vice President - Paytm said, "There are over 550 million feature phone users in the country. A majority of them are migrants and daily wage earners. Due to the ongoing lockdown, many people who rely mainly on mobile phone stores, recharge kiosks are finding it difficult to top-up their basic feature phones which rarely have internet data facility. This USSD based service would help all these individuals. Through this partnership with Vodafone Idea and NPCI, we will reach out to all these individuals and support them in these testing times."

Praveena Rai, COO, NPCI said, “We believe our USSD service would facilitate feature phone users having a UPI ID, to constantly keep in touch with their near and dear ones even if they don’t find mobile recharge shops in their localities. The *99# service is a welcome move, especially in the current situation. With just a UPI Id, people using feature phones can recharge their phones on-the-go without the internet. The USSD service would also help people register their UPI IDs on BHIM UPI and provide them with a seamless mobile recharge experience”.

Avneesh Khosla, Director-Marketing, Vodafone Idea Limited said, “It is our constant endeavour to ensure that our customers remain connected and safe during these times. In the last 2 months, we have launched a slew of initiatives to help consumers stay connected. We believe that this partnership with Paytm will help facilitate a large number of our digitally unconnected customers to recharge through USSD without being dependent on mobile internet, any digital app, or a physical retail touchpoint. Through this partnership we will be able to provide a simple and secure solution, enhancing the convenience factor to these pre-paid customers during very testing times so as to ensure that our consumers do not have to leave the safety of their homes to recharge their phones." The company said that there are two ways of recharging the phone using this service. If a customer's UPI ID is not registered with BHIM UPI, they then need to Dial *99# after which they are shown all bank accounts linked with the mobile number from where the USSD is dialled in. The customer then selects the bank account he wants to register his UPI ID with and sets up a UPI PIN.

Grundfos India restores a 2.5 Acre Pond in Chennai

Partners with Hand In Hand India in the Third Phase of the Pond Restoration

  
Mumbai, May 26, 2020: Grundfos India, a global leader in pump solutions and water technology today successfully completed the restoration of the Injambakkam pond in Chennai. The pond is situated off the ECR road and is spread across 2.5 acres. Keeping in mind the Covid-19 situation, Grundfos India and Hand In Hand India cancelled the inaugural event to reiterate the importance of social distancing.

This restored pond is now a source of clean water that will help improve the water table in the neighborhood, act as storage area for the surplus water and during rains, help channel excess water to the agricultural land nearby, thereby avoiding flooding. This pond and its surroundings is now also an ideal recreational area with its walkway (also accessible through a ramp) and solar lights for those who wish to walk around it in the early mornings or late evenings. These facilities can be availed after the lockdown is lifted. Due caution will be exercised to ensure social distancing measures are followed.
Realizing the importance of renewing local water sources, Grundfos India has been working on restoring this pond since 2018 in a phased manner along with local NGOs and the community. In the third phase of restoration, the company has collaborated with Hand in Hand India, a leading nonprofit organization to clear the pond’s bed, strengthen the bund and build fences and plantation around the water body.

Saravanan Paneer Selvam, General Manager, Grundfos India said, “Water is at the core of everything we do at Grundfos. Through such initiatives, we hope to revive water bodies in the city and empower local communities to be involved. Our employees have also been closely involved in this initiative through their volunteering efforts. The idea of having lighting and a walking path was to get the cooperation of the local community in taking ownership and looking after the lake.”

Dr. Kalpana Sankar, Chairperson and Managing Trustee, Hand in Hand India, also added “We at Hand In Hand India are happy to have partnered with Grundfos India, a company that clearly understands water. There are about 1000 people who live in and around this pond and they will be positively impacted by this restoration. Besides establishing a committee to maintain the pond, Grundfos India along with Hand In Hand India has created a three-year plan to work closely with the community members to create a self-sustaining pond through the creation of a herbal and vegetable garden and fishery.”

About Grundfos India
For more information, visit: http://www.grundfos.in/

About Hand in Hand India
Hand in Hand India is a public charitable trust that works to alleviate poverty through a unique integrated community development approach. Registered in 2002, the Organization implements projects in areas of women empowerment, microfinance, job creation, Child labour elimination, education, health, environment, skill building, IT & governance. We started our activities in a small way in Tamil Nadu and began to expand and today, Hand in Hand India works in 16 states in India,
For more information, visit: www.hihindia.org

Acer India expands another winner in the gaming portfolio with Aspire 7 Gaming laptop



Editor’s Summary:
  • The latest Aspire 7 offering comes in 4 variants. The Intel based models are equipped with upto 9th Gen Core i7 processors, while the other two is being offered with the latest AMD Ryzen 3000 series chipsets along with the Nvidia GeForce GTX graphics
  • The laptop also comes with up to 1TB M.2 PCIe SSD and up to 32GB DDR4 (SO-DIMM) RAM storage to carry out tasks
  • Aspire 7’s Full HD IPS technology features two narrow bezels and an impressive 81.61% screen-to-body ratio that helps tame distracting reflections
  • The new Aspire 7 gaming laptop weighs 2.15 kg and offers upto 8.5 hours (under test conditions) of operation on a single charge.

Mumbai, 26th May 2020: Acer India, the global PC brand, today announced the expansion of its gaming portfolio in India with the launch of powerful Aspire 7 gaming laptop on Flipkart that comes in 4 new variants to cater to gamer’s demand. Acer’s new Aspire 7 gaming laptop hides a powerful processor and graphics which will help gamers get the most of the 15.6” screen with a large screen-to-body ratio and weigh only 2.15 Kg, fairly lightweight for a gaming PC. The laptop can be equipped with up to 9th-gen Intel Core i7 processor or AMD Ryzen™ 3000 along with latest NVIDIA graphics to keep everything running at its optimum speed. Enabling smooth multi-tasking and productivity, it has the latest USB- C connectivity, TrueHarmony™ audio technology, and Multi User – Multi Input Multi Output (MU-MIMO) which handle multiple wireless devices at once with faster speeds and is 2x faster than single-user MIMO.

Acer continues to innovate and bring great gaming experiences to the Indian market for consumers when it comes to laptop design, and the new Aspire 7 is yet another device exclusively designed to meet the needs of the casual gamers who value the subtle design as much as the performance. Aspire 7 is a svelte gaming machine that delivers a solid combination of power coupled with restrained aggressiveness from the outside. The new Acer Aspire 7 is aimed at casual gamers who want a take-anywhere laptop. The latest processors will deliver a complete platform with the performance to empower rich user experiences and the power efficiency to extend battery life. Acer is facilitating gamers with cutting-edge technology that is proven and reliable, considerably improving the experience. In fact, Acer has reportedly retained its spot of being the “No.1 Gaming PC Brand” in India for two consecutive years (2018 – 19) as per the leading research firm (Source: IDC Gaming Tracker, based on Branded Gaming

Speaking on this occasion, Chandrahas Panigrahi, CMO & Consumer Business Head, Acer India said, “Maintaining the growing demand for gaming PCs in India, Acer has always gone further to ensure our gaming machines offer the right design and power for the best gaming experience. We are excited to introduce another winner to our gaming portfolio Aspire 7 gaming laptop for Indian gaming enthusiasts. With our Nitro and Predator series of gaming laptops already leading in the market, this new line of Aspire laptops will further expand our presence in the gaming segment. The new collection is built with an emphasis on strong performance, sensitivity, and intelligent design and will be available on Acer eStore (https://store.acer.com/en-in/) and other online and offline portals from Jun’20. We are also collaborating with Flipkart as we believe that this new Acer Aspire 7 gaming laptop could be a perfect fit for gaming enthusiasts across platforms.”

“Flipkart ensures a shopping experience for customers that is driven by a diverse selection, offering them with best-in-class technology at affordable prices. With gaming, as a category, seeing tremendous uptake in the country in the past few years due to evolving consumer preferences, our large youth consumer base is always looking for new and exciting products. We are pleased to extend our partnership with Acer to offer the latest in gaming technology and further enrich our portfolio for a great consumer experience," Rakesh Krishnan, Senior Director at Electronics, Flipkart

Powerful Productivity:
The Aspire 7 packs a lot of power into the chassis. It gives professionals a max of 1TB M.2 PCIe SSD and up to 32GB DDR4 (SO-DIMM) RAM where users have enough power and storage to carry out their tasks. It also packs in performance with its incredible visuals, powerful processor and superior audio. Powered by upto 9th Gen Intel® Core™ i7/i5 processor and AMD Ryzen Processor, the latest NVIDIA® GeForce® GTX graphics,  the Aspire 7 has the power to multitask with ease and power through compute-intensive applications and keeps everything running at its optimum speed.

Stunning Visibility:
The Aspire 7 comes with the stunning FHD narrow border 15.6-inch display screen that offers 100% of the sRGB color gamut. It is further enhanced by Acer's own suite of Color Intelligence and ExaColor software with the two narrow bezels and an impressive 81.61% screen-to-body ratio and its BluelightShield technology allows adjusting of the screen’s blue-light emission over extended periods of use.

Latest connectivity:
In terms of connectivity, the Aspire 7 has HDMI and USB 3.2 ports as well as Wi-Fi 6 with MU-MIMO technology. With Wi-Fi 6 connectivity in a laptop, it’s all about satisfying users’ need for speed. It will provide faster file transfers and streaming; faster and higher quality video chats on-the-go; even faster screen refreshes for gaming. Dual-band Wi-Fi 6 (802.11ax) improves the average network throughout by up to 3 times and reduces latency by up to 75% compared to Wi-Fi 5 (802.11ac). The Aspire 7 also supports MU-MIMO that can handle multiple wireless devices at once with faster speeds and is 3x faster than single-user MIMO. With Wi-Fi 6, users get easy updates to the latest information with a full range of connectivity options. Also, using USB-C™ users can get superfast data transfer over SuperSpeed USB 5Gbps.

Long Battery Life and Professional appearance:
Adding to the user experience, the laptop is powered by the latest Intel® and AMD Ryzen processors and offers an exceptionally fast and responsive experience with the battery life that lasts up to 8.5 hours a day (Under test conditions). Thanks to the LED-backlit keyboard, users can work effectively in dimly lit environments and even at night.

Pricing and Availability:
Available in Black color, the product will exclusively be available at Flipkart starting from Rs 54,990.

World’s first clamp on type Ultrasonic Flow meter for Saturated Steam now in India

Fuji Electric, the Japan based power electronics and energy company today launched in India, the world’s first clamp-on type Ultrasonic Flow meter for saturated steam. With this launch Fuji Electric now offers a comprehensive range of flow meters for customers in India for steam, fluids and air all designed with efficiency and optimization offering accurate measuring.
The Ultra Sonic Flow meter for saturated steam is ideal for use in Food, Pulp, Paper, Chemical, Steel, Electronics industry where saturated steam is used for cleaning purpose.
Speaking on the launch Sriram Ramakrishnan, MD, Fuji Electric India, said, “The new clamp-on ultrasonic flow meters is intended for users seeking an accurate, reliable and easy to install device. The Ultrasonic Flowmeter demonstrates Fuji Electric’s EMS (Energy Management Solution) by “Visualization”, “Recognition” and “Optimization” that help operations and maintenance managers tackle difficult steam flow energy management challenges and deliver optimum results.”
The new Ultrasonic Flow Meter for Steam was developed with high-sensitivity and new noise reduction technologies to allow us to measure saturated steam flow rate at very low pressures from 0.1 to 0.9 MPa and high-temperatures up to 180 degrees Celsius.
Benefits of Fuji Electric Ultrasonic Flowmeter
  • Energy measurement without pressure loss
  • Extremely easy to install
  • Saves precious time and eliminates stoppage of the process or cutting pipe
  • Measures very low flow rates down to zero
  • Accurate measurements without interference due to noise eliminating frame
  • Less maintenance costs due to no moving parts.
  • Easy control and monitoring through a large, easy-to-read graphical display.

EON launches initiative to unlock influence of Nutrition on Immunity

Mumbai, 26th May 2020Esperer Onco Nutrition (EON), a pioneer in bringing comprehensive nutritional portfolio to oncology, has announced an important initiative to unlock influence of nutrition on immunity. A team of scientists at EON have come up with an extensive research plan which collectively gives convincing evidence of the relationship between Diet Infections Nutrition Immunity and non-communicable diseases (NCDs) which the company has decided to persuade as the “DINI AXIS” concept to execute its research work.

The world has witnessed a rapid rise in nutrition-related disorders such as obesity, a risk factor for many of the non-communicable disease (NCDs) such as type 2 diabetes, coronary heart disease, stroke, hypertension, dental disease, osteoporosis, and some forms of cancer all over the world.

Talking about the initiative Mr. Raktim Chattopadhyay, Founder & CEO Esperer Onco Nutrition Pvt Ltd said "EON takes responsible nutrition very seriously and studies it with respect to the science of biochemistry. Our diet (D)impacting on infection status(I) which in turn influence nutrient depletion(N) and hence weakening the body immunity system (I),the whole chain goes unnoticed (till the disease state is asymptomatic) , lead to NCDs. This DINI Axis hypothesis we are intended to establish in our research plan to integrate responsible nutrition and NCDs like cancer ,diabetes etc .

Humans by nature have an inherent preference for palatable, sugary, salty, fatty and refined foods. These foods are mostly energy-dense and low in micro nutrients. Food production, processing, manufacturing, marketing and promotion have responded to these preferences by making high energy-dense foods available at increasingly affordable prices. This has led to changes in food consumption patterns which unfortunately coincided with more sedentary, less active lifestyles.

 "The resultant over nutrition of especially macro nutrients is the major cause of obesity and also, together with obesity, a risk factor for many of the noncommunicable disease (NCDs) such as type 2 diabetes, coronary heart disease, stroke, hypertension, dental disease, osteoporosis, and some forms of cancer" Mr Chattopadhyay added.

The DINI AXIS research initiative is categorised into four steps, the first being the ecological meta-analysis which compares different populations and the effects of migration of populations on food availability during economic development and differences in dietary and nutrient intakes. At the second stage scientist looked at numerous epidemiological/pandemic studies that have triggered the association between diet and biological risk factors of NCDs. During the third, they studied the interventions between specific nutrients and foods in placebo-controlled trials using both healthy and diseased subjects to confirm the relationships of drug-nutrient interactions and its outcomes. The fourth step followed molecular and genetic intervention under taken in research projects understanding how diet and nutrients affect genetic mutation and expression, adding to their knowledge of how nutrition influences immunity and improves quality of life.

About EON
Esperer Nutrition strives to champion the role of nutritional therapies that have proven clinical & health economic value, & improve the quality of people’s lives. EON is destined to understand, treat & help prevent a range of medical conditions by leveraging nutrition and life sciences.  
Company  aims to address specific health conditions with special emphasis on Onco Nutrition &  intend to provide a 360 degree solution to global cancer portfolio right from Preventive Oncology to Cancer Disease Management using Nutraceutical as complementary therapy to stage & region specific cancer patients. 

EON aspire to become global pioneer considering Drug-Nutrient  Interaction as major factor in chronic  disease management. 

Find more information at: www.esperernutrition.com or write to info@esperernutrition.com

Pioneering Ventures Acquires Lateral Praxis in a Move to Accelerate its Agri-Food Tech Platform Roll-Out.

Pioneering Ventures is a food, finance and tech platform which aims to reinvent the Indian food ecosystem to provide people with healthy food in a sustainable manner

  •  Lateral Praxis is helping public and private sector clients to streamline their operations with the aim to promote good and sustainable food production and supply chain  practices
  •  The move is aimed at strengthening the reach of technology-based solutions in the Indian food supply chain .
  •  This acquisition is an important and far-reaching strategic addition to the portfolio of the Swiss-Indian agricultural and food platform Pioneering Ventures

 MUMBAI, May 25, 2020: Pioneering Ventures announced newly closed acquisition of Indian agri-tech company Lateral Praxis today. The move is aimed at enhancing downstream reach of tech-enabled solutions for the food supply chain  including information access, apps, data analytics and risk mitigation. The acquisition recognizes significant shifts in the Indian food system  in recent years which bring forward an immence potential for using technology and data to improve operational efficiencies and quality in daily supply chain activities. The systematic generation of data intelligence also allows to create valuable services and improve decision making of all parties in the food ecosystem.
Founded in 1999 by agri-tech stalwart Suniti Gupta, Lateral Praxis has worked closely with central and state governments, ministries and departments, along with farmer communities at village/panchayat level to build, configure and implement knowledge-based systems. The Mumbai-based company currently works with a strong core team to deliver solutions for online payment platforms, information aggregation and data mining for a varied customer base.
 Speaking about this development, Dr. Pablo Erat, co-founder of Pioneering Ventures, said: “End-to-end supply chain digitization has been a core pillar of our strategy. We have been working successfully with Lateral Praxis for many years and I am confident that the team will further boost our technology and data expertise. The acquisition is an important milestone in the implementation of our strategy  to accelerate the development of our fully integrated food technology platform and help us drive large-scale transformation across the food ecosystem through data intelligence-based services.”
 Elaborating on this development, Suniti Gupta, Founder-CEO of Lateral Praxis and a known agri-tech expert in India said: “As Indian agriculture and food sector gets ready to embrace next generation, tech-enabled future, the time is ripe for positive disruption. Our experience and core competencies will be augmented well by Pioneering Ventures’ expertise and presence across the food supply chain, helping us jointly scale up our solutions and delivery. We look forward to joining the PV family.”
  
About Lateral Praxis
Lateral Praxis aims to create value in our customers' business. We regularly invest in integrating newer technologies into solutions that we provide for our customers. We architect, configure and implement our solutions and ensure long term success through specialized user training. What drives our systems is an understanding of the knowledge behind the framework. We provide elegant, field-proven software. We have a suite of products that go the “last mile” in agriculture, legal compliance, audit tracking and risk management.

Aakash Educational Services Limited (AESL) expands presence in South Asia; Ties-up with Delhi Public School, Biratnagar, Nepal for its Distance Learning Programme

Aakash DLP will share study material and test series with the students of DPS Biratnagar
Mumbai, May 26, 2020 – As part of the company’s vision to help students overseas take the first step in their endeavor to become doctors and engineers, Aakash Educational Services Ltd. (AESL), India’s leader in test preparation services, has expanded its presence in South Asia (outside India) by entering into a strategic tie-up with Delhi Public School, one of the most reputed schools in Biratnagar, Nepal, to provide Distance Learning Program (DLP) to its students from Class VIII-XII.

It is AESL’s first collaboration with an educational institution in the Himalayan country, where it is already offering digital courses to students.

Under the tie-up, Aakash offers a one-year “DLP” programme for students of standard VIII, IX, X, & XII, and a two-year “DLP” programme for students of standard XI of Delhi Public School, Biratnagar, Nepal.  AESL will share the required books and study materials to help students prepare for competitive exams. This will help improve the skill sets of the students who are preparing for JEE Main, JEE Advanced and NEET examinations.

Besides providing quality study material aligned with NCERT, AESL will conduct online test series and webinars on select topics. An online doubt resolution facility whereby every student is allowed to ask 5 questions per day, will also be offered to all students enrolling for the program. In a highly competitive surrounding, this curriculum will help students familiarize themselves with the online test environment in a disciplined manner. Students can hone their time-management proficiency, evaluate their exam-testing strategy and analyse the time productively spent on each question.

Commenting on the tie-up, Mr Chandra Shekhar Mishra, Head, Distance Learning Programme, Aakash Educational Services Limited (AESL), said: “The association with Delhi Public School, Biratnagar, Nepal is our first with an educational institution in South Asia outside India. Keeping in mind the competitive environment and the evolving education landscape, we look forward to providing the students of DPS Biratnagar with the best platforms to improve their performance. The tie-up reinforces our commitment to creating an engaging learning environment for students overseas apart from in India and help them perform better in the competitive exams.”

Added Mr Parshu Ram Ghimire, Principal, Delhi Public School, Biratnagar, Nepal, “Delhi Public School Biratnagar feels overwhelmed and supremely excited to implement the teaching learning practices designed by AESL to enhance student’s confidence for competitive exams like NEET, JEE (Main and Advanced), BITSAT and other State Level Entrance Exams for admission in undergraduate courses but also prepare them for School Boards and Junior Competitive Examinations such as NTSE, KVPY and Olympiads. I believe this tie up between AESL and DPS Biratnagar will prove to be result oriented for students and attainment of supreme satisfaction for parents and teachers witnessing the success of our Kids."

About Aakash Educational Services Limited (AESL)

Aakash Educational Services Limited (AESL) provides comprehensive test preparatory services for students preparing for Medical and Engineering Entrance Examinations, School/Board Exams and Competitive Exams such as NTSE, KVPY, and Olympiads. AESL believes that the “Aakash” brand is associated with quality coaching and a proven student selection track record in various Medical and Engineering Entrance Examinations, Scholarship exams & Olympiads.

With over 32 years of operational experience in the test preparatory industry, the company has a large number of selections in Medical & Engineering Entrance Exams and several Foundation level Scholarship exams/Olympiads, a pan India network of 200+ Aakash Centers (including franchisee), and a student count of more than 250,000.

Airtel Payments Bank and Mastercard to develop customized financial products for farmers and SMEs in India


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Aim to deepen penetration of financial services in underbanked and unbanked regions

Will also develop a wide range of retail products to accelerate adoption of digital payments after the COVID19 lockdown is over

New Delhi, May 26, 2020: Airtel Payments Bank (APBL), India’s first Payments Bank, has partnered with Mastercard, leading technology company in the global payments industry, to develop customized products catering to customers across the underbanked spectrum including farmers, small and medium enterprises and retail customers.

As part of the Government’s vision of Digital India and Banking for every Indian, both entities have been working towards driving adoption of formal banking and digital payments in the country. The collaboration will bring together Mastercard’s global and local experience in developing advanced financial solutions and Airtel Payments Bank’s strong distribution network to reach the last mile and its large customer base.

The collaboration aims at building a digital platform which provides farmers with knowledge about advanced farming techniques and connection to marketplaces, while simultaneously enabling them to receive payments directly in their Airtel Payments Bank account. Combined with 500,000 banking points of Airtel Payments Bank, the platform will provide farmers with access to neighborhood banking, earnings stability and income growth. This will be a significant move towards building a cashless economy.

Both partners will also work together to create customized solutions for millions of small businesses across the country. These solutions will empower small and medium scale enterprises, who have limited access to finance, to make assisted payments, manage their financial & transactional processes, and also avail working capital in these times of crisis.

Finally, Airtel Payments Bank and Mastercard will work together to create differentiated card solutions, including solutions for contact less payments via NFC (Near Field Communication) for customers and merchants.

Anubrata Biswas, MD and CEO, Airtel Payments Bank said “We are glad to partner with Mastercard to develop innovative solutions as part of our endeavor to drive financial and digital inclusion in the country. Together, we aim to create products that will motivate customers to adapt formal banking behaviour and start opting for digital payments. These solutions will be an addition to our existing differentiated bouquet of easy, accessible and convenient banking and payment solutions to serve the underserved and unbanked population.”

Porush Singh, Division President, South Asia, Mastercard said, “Digital payments have the potential to bring a positive change to the lives of millions of Indians. Mastercard is delighted to extend the partnership with Airtel Payments Banks to build innovative digital payments solutions that will help farmers and small & medium businesses connect with the digital world. These solutions will enable them to access a larger market base, receive payments easily into their bank accounts, safeguard their money against risks associated with cash and get easy access to credit. The partnership will also play an important role towards achieving Mastercard’s goal to empower India’s merchants with digital payments acceptance infrastructure by the end of this year.”

Airtel Payments Bank has been working with Mastercard for last 3 years to offer Mastercard powered debit cards to its savings bank account customers in the country.

About Mastercard (NYSE: MA), www.mastercard.com
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.


Airtel Payments Bank Ltd.

Airtel Payments Bank is India’s first Payments Bank that launched in January 2017, now boasts of over 40 million+ customers and over 500K banking points across the country. In addition to having a presence in all 29 states of India, Airtel Payments Bank also has an app for Android and iOS users to make banking easier for its rural and urban customers. Airtel Payments Bank aims to take digital banking services to the doorstep of every Indian, particularly in unbanked rural areas, and contribute to the Government’s vision of Digital India and Financial Inclusion.

Monday, May 25, 2020

LIC OF INDIA Launches Pradhan Mantri Vaya Vandana Yojana (Modified- 2020) Scheme

The Government of India has introduced Pradhan Mantri Vaya Vandana Yojana (Modified -2020), with modified rate of pension for citizens aged 60 years and above. LIC of India is solely authorised to operate this scheme. Pradhan Mantri Vaya Vandana Yojana (Modified- 2020) is a Non-Linked, Non-Participating, Pension Scheme subsidized by the Government of India .

This plan will be available for sale commencing from 26/05/2020 for three financial years i.e. upto 31 st March, 2023. This scheme can be purchased offline as well as online from LIC of India at
www.licindia.in

The policy term is of 10 years and for policies sold during the first financial year i.e. up to 31 st March 2021, the Scheme will provide an assured rate of return of 7.40% p.a. payable monthly (i.e. equivalent to 7.66% p.a.) for the entire duration of 10 years .For the policies sold during the next two financial years, the applicable assured rate of interest, at which the pension payment shall be made, will be reviewed and decided at the beginning of each financial year by Ministry of Finance, Government of India.

Total amount of purchase price under all the policies under this plan (UIN: 512G336V01) and all the
policies taken under earlier versions of Pradhan Mantri Vaya Vandana Yojana
(with UIN 512G311V01 and UIN: 512G311V02) allowed to a senior citizen shall not exceed Rs. 15 lakhs.

The scheme can be purchased by payment of a lump sum Purchase Price. The pensioner has an
option to choose either the amount of pension or the Purchase Price. At the time of purchase, the
pensioner can choose monthly/quarterly/half yearly or yearly mode of pension.

The minimum Purchase Price for monthly mode is Rs 1,62,162/-,for quarterly mode Rs 1,61,074/-
,half yearly the same is Rs 1,59,574/- & for Yearly mode Rs 1,56,658/-
The maximum Pension one can get under this Scheme will be Rs. 9,250/- per month, Rs. 27,750/-
per quarter, Rs. 55,500/- per half-year and Rs. 1,11,000/- per year.
On survival of the Pensioner during the policy term, Pension in arrears (at the end of each period as
per mode chosen by the Pensioner) shall be payable.
On death of the Pensioner during the policy term, the Purchase Price shall be refunded to the
nominee/legal heirs. On survival of the pensioner to the end of the policy term, Purchase price and
the final pension installment shall be payable.
Loan upto 75% of purchase price is allowed after 3 policy years.
The scheme also allows for premature exit for treatment of any critical/terminal illness of self or
spouse .The Surrender Value payable in such cases shall be 98% of Purchase Price.
Dated at Mumbai on the 25th May, 2020

For further Information please contact: Executive Director (CC)
LIC of India, Central Office, Mumbai Email id : ed_cc@licindia.com
Visit us at www.licindia.in

Paytm Travel sees 85 lakh flight searches as grounded travellers head back home


Mumbai, May 25, 2020: India's leading financial services platform Paytm Travel, today announced that with the government easing lockdown norms and allowing domestic airlines to resume operations, the company has seen an increase in the demand for air tickets. According to Paytm Travel, a majority of the tickets being sold are of travellers going from metropolitans to tier-II and smaller cities. 

The flight search volume on Paytm Travel in the last few days has been trending at close to 200% of the average daily search volume witnessed before the lockdown began in March. Since the bookings opened up, there has been over 85 lakh searches for flight tickets with a surge in demand happening over the weekend. The searches hit a peak of 1.77 lakh requests per hour during the last three days.

Due to the last three consecutive lockdowns, several travellers had to stay back in metro cities mainly New Delhi, Mumbai, Bengaluru which they might have visited for some work. They are now taking this opportunity to book a flight back to their home towns in non-metro cities including Patna, Jaipur, Lucknow, Ahmedabad, Varanasi, Guwahati, among others. Few of the sectors such as Delhi-Patna, Mumbai-Varanasi, Bengaluru-Guwahati are witnessing unusually high demand as compared to typical busy routes like Delhi-Mumbai and Bangalore-Delhi. Paytm Travel is working closely with all airlines and also keeping abreast with all the guidelines of the aviation ministry as well as rules being laid out by the various state governments to ensure that passengers are able to return home safely.
  
Abhishek Rajan, Senior Vice President - Paytm Travel, "There is a pent up demand for non-metro destinations from metro cities. Eager flyers are booking tickets to go back home. This has led to a jump in searches and ticket bookings on our platform. While there is a surge in demand, we think it will taper down with time."

Paytm Travel over the last several weeks has taken a number of steps to help travellers who had booked tickets but were not able to fly due to the ongoing lockdown. It was among the firsts to provide the ability to its users to view and use their credit shell refund balance on Paytm for booking any new flight of their choice. Travellers who had booked tickets for these suspended flights were issued a refund by the airlines in the form of a credit shell balance of an amount equal to the cancelled flight ticket value. Users can redeem this balance for booking a flight ticket on the same airline for any future journey date in the next 12 months.

Paytm Travel is India’s first horizontal major to enter online travel and has been a pioneer in launching innovative features for flight, bus and train travellers. The company has already launched a free cancellation service that allows users to cancel their travel tickets without requiring to pay any cancellation charges. Other popular features include Live Train Tracking and Voice Search that was rolled out to make train ticket booking, seamless experience for users.

IIBM Institute of Business Management offers British online MBA in India at an affordable fee


Choosing an MBA Course is an important decision that all future Managers, leaders, and Entrepreneurs face. Faithful to its European MBA education principles and its founding values ​​of Commitment, Ethics, Citizenship, Responsibility, and Openness of Mind, IIBM Institute has given itself the mission of training future talents and experts of responsible economy and management of tomorrow.

“Our British online MBA/PGDM program enables students to choose a program that offers specialized training, focused on business expertise. This is precisely the objective and the strength of our British online MBA/PGDM program.”, says Vikas Maheshwari Director of IIBM Institute of Business Management.

A new era is opening and bringing new unprecedented professional perspectives. The emergence of global trade, artificial intelligence, robotics, Data, or virtual reality, profoundly transform existing businesses and create new ones. Today’s global economy values professionals who can cross borders, understand cultures, and operate in international contexts. Started with a vision to produce highly employable graduates through international quality education and skill development that is affordable and accessible, IIBM India aims to prepare students to be a part of the global economy.

With so many MBA programme options, it is challenging to choose the right one. Some of the critical aspects to look at while selecting your programme after COVID -19 are International recognition, online study including online exams, help in toward moving abroad, and access to career in management at a senior level.

International Professional Managers Association (IPMA) - UK is an international Examining, Licensing and Regulatory professional body formed for the purpose of providing practicing managers with the opportunity to participate and to be part of the process of improving managerial performance and effectiveness in all areas of business, industry and public administration. IPMA UK has affiliates in India, China, Hong Kong, Malaysia, Indonesia, Singapore, Ghana, Nigeria, and several other countries.

The online MBA/PGDM programme offered by IPMA UK proves to perform well in all aspects, including International recognition, career support, and a reliable placement network.

It is a global programme delivered in many countries and now in India. The MBA/PGDM certificate awarded to students studying in India is exactly the same as the one awarded to the students studying in UK, Dubai, Singapore. Students who choose British MBA/PGDM not only save significant amount but also gain 1 year of work experience, making it the best ROI option available. In the present scenario, where COVID epidemic has resulted in a lockdown, online studies and exams help you to finish the course in the comfort of your home.

By choosing British online MBA from of IIBM Institute of Business Management, you are one step closer to moving abroad. By doing British online MBA/PGDM from IPMA UK, you can be hired by any of the international companies. As international companies hire you, you have the option of moving abroad. Experienced candidates who successfully completed the IPMA UK program are generally hired at senior-level management positions. So when you are considering investing in an MBA, choose a course that will accelerate your development to meet your ambitious goals and gives value for money.

To know more about course visit IIBM Institute of Business Management website www.iibmindia.in
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Sunday, May 24, 2020

Ms.Devangi Dalal appointed as first Indian for (CGHH) who works with WHO

Devangi Dalal an audiologist and Speech Therapist is a Co-Founder of JOSH Foundation with experience over 28 years. She is the first Indian to win the Humanitarian Award from the American Academy of Audiology. She is also the first Indian to present the Learning Module “A Road map to Independence for Children with Hearing Impairment in Developing Countries” at Audiology now- 2016—conference organized by the American Academy of Audiology Phoenix, Arizona, USA. She actively organizes and participates in events where she can spread awareness about hearing-impaired children. So far, her foundation has distributed 1100+ hearing aids to underprivileged - hearing impaired children and has been able to make children of 12 schools wear 100 % digital hearing aids.

 Her core motto is to make the world understand that hearing impaired are no more handicapped. Besides all this, she has achieved something really huge. Coalition for Global Hearing Health (CGHH) who works with WHO planning hearing and health advocacy for all the countries has appointed Devangi as a member of Advocacy.  Only 10 audiologists are been selected from all over the world and she is the only Indian!

In this tough time of Pandemic, she has made motivational videos in Hindi and English both to encourage people to stay positive. She has also written articles to spread awareness and stay positive while staying at home and utilize the time to make bonds stronger. 

As she rightly believes about creating awareness and educating people to be alert and understand potential helps each other to make a community strong which will ultimately make our country strong.

Moreover, to create awareness she is conducting online sessions for hearing-impaired senior citizens to guide them on how to take care of their hearing aids, and also she is running telehealth service while on-call resolving issues related to hearing aids. She is also conducting live sessions for young people to encourage them on using the lockdown period to improve their communication skills and bring out the best in you as 'Self Confidence is the need of the day.'

Saturday, May 23, 2020

Amidst This Virulent Pandemic, Indian Medical Tourism Startup Mediflic Is Ready To Introduce Telemedicine For Global Users

●Telemedicine service unquestionably reduces the expenditure of the patient party by eliminating transport costs, accommodation costs, visa fees, etc.
●It helps people to avoid social gatherings in areas like hospitals, nursing homes, clinics.
●Telemedicine lets the patients directly seek consultation from their chosen doctor or health care facilitators.


India has become a top medical tourism destination for most critical surgeries and treatments at affordable rates. What makes it so attractive is India’s capability to bring different medical treatments with alternative types of healing such as Ayurveda, Homeopathy, yoga, etc.

In recent years, the medical tourism business in India has been growing a lot and is considered as one of the best destinations for affordable medical tourism.

Noida-based healthcare startup and one of the newest entries in the list of medical tourism companies in India, Mediflic is on the verge of introducing Telemedicine kiosks for global patients. The company plans to set its medical kiosks throughout the world, but mainly in countries like Bangladesh, Nepal, Bhutan, Egypt, Qatar, Nigeria, Afghanistan, Sri Lanka.  Presently, Mediflic is mainly focusing on these countries because every year numerous people from these countries come to India for medical tourism.

Mediflic is currently funded by Chaitanya Projects Consultancy Pvt Ltd and looking to raise more funds to build its ultra-modern medical technology and serve a larger amount of people. By providing Telemedicine services, Mediflic wants to increase access to the healthcare sector for developing countries, rural geographical areas where a shortage of medical help exists. It also aids in helping patients who are not able to make medical travel to India, they can visit their nearest kiosk and get the required medical consultation and help.

Mediflic is supported by BurstIQ in bringing blockchain advancements to the quickly developing well-being industry, They are certain that blockchain will make a critical, conceivably transformative effect in this industry. Presently, there is no other industry that needs transformation more than medicinal services. Computerized medical care organizations can get to new information sources to upgrade AI-empowered items and showcase those items to focused and engaged people. Apart from this, and healthcare systems can improve clinical results and lessen cost through AI-empowered analytics, customized post-acute administrations, better care coordination, etc.

Commenting on the new development of the company, Diptiman Chattopadhyay, CEO of the medical travel facilitator Mediflic said, “medical tourism in India has established significantly in past years and has likewise achieved extraordinary outcomes. Every year thousands of people make medical travel to India, but this year, the global pandemic has already affected it badly. Patients from all over the world, who had plans to come for medical tourism had to cancel it. Though in this situation, we can not offer them medical tourism facilities, but by executing telemedicine kiosks, we aim to provide them the medical help.”

Founded in 2019, Mediflic concentrates on offering Indian medical treatment globally by customized medical tourism packages.

“Mediflic is focused on giving medical services at doorsteps to people everywhere throughout the earth. On this portal, patient's medical reports are put away on cloud storage that can be reached over the web 24 X 7. Patients can avail various medicinal services from top medical institutions and experts in India.” said Chief Technology Officer Sayak Dhar - Mediflic.

Currently centering on medical tourism in India and telemedicine service in the queue, medical tourism facilitator Mediflic is looking to grow its reach in various countries. The company aims to provide medical services starting from the very primary level.

Initially, the company was only involved in providing all means of medical tourism facilities to the patients coming from all over the world. From doctor booking, online consultation from doctors, video conferencing, all these were already there in the service list of the company. Looking at the current scenario of global health care, this medical travel facilitator has come up with the idea of providing medical care to each and everyone in need through telemedicine kiosks.

Founded By Sanjay Kumar Sinha, Somenath Ghosh, Abhijeet Mazumder & Diptiman Chattopadhyay, the latest Indian start-up Mediflic has its operations headquartered in Noida. The company has tie-ups with India's renowned healthcare service providers, collaboration with leading medical experts, doctors, surgeons, and therapeutic experts and coalition with accommodation providers.