RBL Bank hosts grand finale of Hackathon

Posted by: at 7/25/2017 03:05:00 am
RBL Bank hosts grand finale of Hackathon

Bengaluru, July 25, 2017: RBL Bank, one of the country’s fastest-growing private sector banks organised the grand finale of Hackathon — a solution development programme for banking and financial services.

The Hackathon encouraged participants to envision trailblazing solutions by using a diverse set of Financial Services APIs available across various forums, including RBL Bank. The event received overwhelming response with 217 teams submitting their innovative ideas across the country. Sixty-one teams were shortlisted and 21 teams presented their demos to the jury at Bengaluru and Mumbai in the final round. These ideas were evaluated by experts who handpicked 11 teams for the final presentation.

Following are the winners of the first-ever RBL Bank Hackathon under the RBL Bank ilabs initiative:

1)      Team Evee (Winner) - A contextual voice and text-based conversational smart assistant which can understand the context of payment and seamlessly initiate payment using the RBL Bank payment APIs, UPI and BBPS frameworks.

2)     Team Seven (1st Runner-up) - New entrant in the wearable space ‘A NFC Ring’ uses RBL Bank API’s to make payment. Proposed as a replacement for RBL Bank debit card.

3)     Team neoEYED (2nd Runner-up) - With the motivation to ‘Kill the password’, AI-driven startup created an algorithm which understands human behaviour of phone usage and even the walking pattern to authenticate login as well as financial transactions on any digital channels.

The winners were awarded cash prize of Rs 10 lakh, benefits worth Rs. 3.4 crore, including consultancy hours with PwC, IBM Bluemix Credits, USD 100 promotional credit from AWS Activate, membership of 91springboard hubs and Apple MacBook Air by NetMagic. One of the finalists may get an opportunity to co-develop a proof of concept with Infosys Finacle and the potential opportunity to work with RBL Bank.

Speaking at the finale, Sanjay Sharma, Head - Technology, Innovation and Customer Fulfillment, RBL Bank said, “We envision RBL Bank as an innovative, smart and future-first bank, leveraging latest technology to bring in a paradigm shift in the banking sector. There is a need to build a new ecosystem in partnership with fintech companies rather than treating them as competitors. We feel that programmes such as Hackathon and StartupBootCamp will play a significant role in simplifying the partnership between RBL Bank and fintechs.”

The RBL Bank Hackathon was supported by IBM - platform partner, Microsoft - technology partner StartupBootcamp and National Payments Corporation of India - payment partner. Other partners included PricewaterhouseCoopers, 91 Springboard, Amazon Activate, NetMagic, Infosys-Finacle, Digital Ocean, India Startup Club – RBL Bank and 10000 Start Up NASSCOM initiative.

About RBL Bank 

RBL Bank is one of India’s fastest growing private sector banks with an expanding presence across the country. The Bank offers specialized services under six business verticals namely: Corporate & Institutional Banking, Commercial Banking, Branch & Business Banking, Agribusiness Banking, Development Banking and Financial Inclusion, Treasury and Financial Markets Operations. It currently services over 3.15 million customers through a network of 244 branches and 387 ATMs spread across 20 Indian states and Union Territories.

Over the last few years, RBL Bank has earned recognition in various national and international forums such as : CNBC ASIA’s India Talent Management Award (2017); ‘India’s Best Bank (Growth)’ in the ‘Small-Sized Bank Segment’ by Business Today-KPMG Best Bank Study for six consecutive years (2012-17); Business World’s ‘Best Growing Small Bank’ consistently for four years(2013,2014,2015,2017) and recognized by the World Economic Forum as a ‘Global Growth Company’ (GGC).

RBL Bank is listed on both NSE and BSE (RBLBANK). For further details, please visit www.rblbank.com 
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Air India SATS launches the ‘AISATS Cargo’ app for real-time cargo tracking at its Air Cargo Facilities at Kempegowda International Airport, Bengaluru

Posted by: at 7/25/2017 03:01:00 am

AIR INDIA launches first-of-its-kind cargo tracking app

·         The ‘AISATS Cargo’ app, launched by Air India SATS, relays real-time information on cargo consignments handled at AISATS’ Air Cargo Facilities Terminals

·         This is a first-of-its-kind app developed by an air cargo terminal operator in Bengaluru to facilitate the air cargo community

Bengaluru, 25th July, 2017: Air India SATS Airport Services Pvt. Ltd. (AISATS), India’s premier airport services company has launched a mobile app ‘AISATS Cargo’ to facilitate the cargo tracking process at AISATS Air Freight Terminal and at AISATS COOLPORT, located at Kempegowda International Airport (KIA), Bengaluru.

Shri. P. Anjani Kumar - IRS, Commissioner of Customs-Airport & ACC, Bengaluru along with Shri M R Reddy & Mr. Bipin Kumar Upadhyaya, Joint Commissioners of Customs and Shri Harshvardhan Umre, Additional Commissioner of Customs launched the app at AISATS Airfreight Terminal at BLR. Stakeholders from Bengaluru International Airport Limited (BIAL), Cargo Trade Associations (CTA) and partner airlines were also present at the occasion. AISATS is the first and the only air cargo operator at Bengaluru to develop this free on-the-go app to provide its customers with comprehensive cargo-tracking solutions.

This user-friendly app, picks up cargo movement data from COSYS and provides real-time information on flight schedules, Air Way Bill (AWB) shipment tracking and e-Delivery Order (e-DO) status. The user can input the AWB number and obtain the current status of a shipment such as date of uplift/arrival, number of pieces, weight as well as approval status of the delivery order through its e-DO feature. The ‘AISATS Cargo’ app will increase efficiency of the supply chain by relaying relevant information of the cargo to key stakeholders.

Speaking on the launch of the app, Mike Chew, CEO, AISATS said, “AISATS has always been at the forefront of digitization and is quick to adopt information technology to introduce innovative solutions in the air cargo industry. The AISATS Cargo app will aid in the ease of doing business by enabling seamless availability of data at any given time. This will ensure maximum benefit and convenience to our stakeholders.”

AISATS handled a total of 1, 42, 033 tons of cargo in the FY 16-17 at Kempegowda International Airport.

 Caption: (L to R): Mr M.R.Reddy – Joint Commissioner, Customs, Harshvardhan Umre – Additional Commissioner, Customs, Anjani Kumar IRS - Commissioner Customs, Hoa Kai Ee - Senior Vice President, AISATS Bangalore, Bipin Kumar Upadhyaya– Joint Commissioner, Customs at the launch of the AISATS Cargo App.

About Air India SATS Airport Services Pvt. Ltd (AISATS) 

AISATS is a 50:50 joint venture between Air India Limited and SATS Limited, a leading gateway services and food solutions provider in Asia.  As part of the Indian Government's initiative to upgrade its airports to world-class facilities and attract more airlines to fly into India, AISATS was formed with the vision to provide world-class airport services in ground and cargo handling that exceed customers’ expectations.

Since the start of its operations in 2008, AISATS has provided hassle-free and comprehensive solutions to its customer airlines in international airports at Bengaluru, Delhi, Hyderabad, Mangalore and Trivandrum. Currently employing over 11,600 staff, AISATS offers end-to-end ground handling services such as passenger and baggage handling, ramp handling, aircraft interior cleaning, load control and flight operations, and cargo handling services for general, perishable, transshipment, express courier and special cargo.

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Celebrate This Festive Season With ‘Osman & Sajida’s’ Ethnic Collection

Posted by: at 7/25/2017 03:01:00 am

Mumbai July 2017:

Festival month has begun ‘Osman & Sajida’ a designer label from Kashmir by talented duo Osman Watali and Sajida Nain Watali brings in their exclusive Ethnic collection this festive season.

‘Ethnic collection’ is inspired by the rich Indian Heritage, where these designers have tried to encompass a deep rooted culture from different parts of India. The detailing is also inspired by traditional Indian crafts and includes appliqué embroidery, colour blocking, layering and panelling.

‘Osman & Sajida’ mentions, “Our store stocks carefully selected designs in Pret as well as Couture wear in fashion range. We have woven our thoughts and innovation to create a line of eclectic bridal designs for the confident bride.

This festive season get ready to revamp your wardrobe with & ‘Osman & Sajida’s Latest Ethnic Collection now available at their Flagship store.

Price Range – 10,000/- onwards

Celebrate This Festive Season With ‘Osman & Sajida’s’ Ethnic Collection

Celebrate This Festive Season With ‘Osman & Sajida’s’ Ethnic Collection

Celebrate This Festive Season With ‘Osman & Sajida’s’ Ethnic Collection

About Brand

Osman & Sajida was established in 2015. It is a beautiful store that stocks carefully curated women's Pret & Couture range. Our women's fashion collection offers a healthy mix of handsome classics, electric treasures, good quality staples and a few surprises. We endeavour to make our store hub of all things beautiful and exciting offering unique blend of themes and ideas.

 Available At:

Osman and Sajida

Opposite Monalisa Showroom,

Apsara Road, Gandhi Nagar, Jammu, 180006.

Instagram - @osmanandsajida
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DSK Benelli 302R launched in India

Posted by: at 7/25/2017 02:56:00 am

Indian superbike enthusiasts revel as DSK Benelli launches the 302R

DSK Benelli rolls out its first track focused full-faired superbike in India.

Bangalore, July 25, 2017: Steering all the way through trade shows, exhibitions and superbike festivals across the country, the DSK Benelli 302R has made its way to the Indian roads. The keenly awaited DSK Benelli 302R, which also comes loaded with (ABS) as standard, has been launched by DSK Motowheels, one of India’s strongest and most well-established players in the Indian superbike industry. The first track focused superbike from DSK Benelli is all set to create ripples in the high-potential mid-size segment market of India.

The DSK Benelli 302R offers a perfect confluence of technology and design to the Indian biking aficionados. The sheer thrill of the superbike grips the rider with its powerful presence, compelling design and robust build. Adding to its ingenious engineering is the impeccable engine sound that serves as music to every biking enthusiast’s ears. Further, the superior performance of the 302R simply makes it stand out of the crowd!

Mr. Shirish Kulkarni, Chairman, DSK Motowheels said, “DSK Benelli has undeniably established itself as the favored brand of superbike lovers in India. Launch after launch, we have received a phenomenal response to the power-packed street-naked machines that have been launched in the country. The DSK Benelli 302R, however, is our first full-faired superbike which is set to alter the paradigm of the mid-sized segment in the country. This market is highly lucrative with widespread demand and DSK Benelli is perfectly poised to capture a lion’s share of the segment with the 302R joining our existing and highly successful line-up of superbikes.  We are certain that the reception to this glorious superbike will be as overwhelming as that for our previous models.”

Launched with 3 colour options – White Rosso, Red Nero and Silver Verde; the 302R is available in across all DSK Benelli showrooms PAN India.

Boasting an in-line two-cylinder, 4-stroke, DOHC engine that is bolted on to an all new chassis, the 302R is mated to a six speed gearbox and churns out 38.26 bhp of power at 11500 rpm, while generating an impressive 26.5 Nm torque at 10000 rpm.

The 302R also offers a flawless superbiking experience on Indian roads, courtesy of the precisely calibrated front USD forks and rear mono-suspension, which work together to offer a comfortable riding experience.
The 302R comes with a 4-year unlimited kilometre warranty and also the customer can opt for ‘Happy Savings Plan’ which offers customers the advantage of low ownership costs, as well as warranty protection – the perfect companion to their dream bike.

DSK Benelli 302R Price (Ex - Showroom) - INR 3,48,000

DSK Benelli 302R launched in India

DSK Benelli 302R launched in India

DSK Benelli 302R launched in India

DSK Benelli 302R launched in India

About DSK Group:
A leading diversified business conglomerate in India with a multi-crore turnover. The group has spread its wings in diverse business verticals like Construction, Automobiles, Information Technology, Education and High-end Professional Courses, Pharmaceuticals, Hospitality, Tours & Travels, Banking &  High- End Dairy Solutions, International film production, Digital Products, Investments and Infrastructure, Video Games. The DSK Group is renowned as one of the most ethical and successful groups based in Maharashtra.

About DSK Motowheels:
Established in 2012, DSK Motowheels, a part of the DSK Group, forayed into the growing automobile sector by entering the niche segment of powerful and aspirational bikes.
Taking forward the company’s rich legacy of dynamic entrepreneurship, Shirish Kulkarni, Chairman, DSK Motowheels, spearheads the brand‘s operations in India with the primary objective of providing a world class super biking experience.

With a CKD plant in Maharashtra, the brand enjoys the status of having the strongest & most well entrenched superbike network in India. DSK Motowheels is known for its high-end biking experience, extended product line, technology and quality. DSK Motowheels also prides itself in providing the best customer centric service and aftersales support in Indian Superbike Market.

About Benelli:
As often happens, the history of great industries is born in garages. In our case this is the Benelli Garage”, Where, in 1911, the 6 Benelli brothers Giuseppe, Giovanni, Francesco, Filippo, Domenico and Antonio, known as "Tonino”, repaired and manufactured motorcycle parts. In 1921 the 'Velomotore' was created: a single cylinder two stroke 75cc bike adapted to a bicycle frame and the following year it was the turn of the 98cc 'Motoleggera', immediately appreciated by the public of that time. The first real Benelli motorcycle, a 175cc model, ridden by Tonino, proved immediately to be a winner in the world of competition. Here began a long list of glorious moments, with more than 1000 victories in the Italian and European Championships and two World Titles won in 1950 and 1969. Many legendary riders have ridden Benelli motorcycles. Besides Tonino, the owner of the company, the Italian riders Ambrosini, Grassetti, Campanelli, Provini, Pasohni, Villa and the internationals  Saarinen, Hailwood and Carruthers.
At the end of the 60's the last motorcycle of the family owned company was born; the Tornado 650 which developed 50 hp at 7000 rpm, and easily  surpassed 170 km/h. Later the first ownership change took place, but motorcycle production  continued in Pesaro with the ground breaking in line 6 cylinder 750 and 900cc Sei’s which were manufactured up until the early 1980's. In 2001 the production of the first all new in-line triple powered range began, with the fully faired supersport Tornado 899cc Limited Edition. The addition of the Tornado Naked Tre or TNT for short, and subsequently the Tre-K in both 899 and 1131 cc variants meant that Benelli was truly back in the market of large capacity sports motorcycles. Today Benelli is part of the Qianjiang (QJ) Group, a corporation which produces more than 1.2 million two wheelers per annum. QJ, wishing to respect the tradition of passion which has always guided the history of the Italian brand, will continue manufacturing bikes in Pesaro, the traditional home of Benelli Motorcycles.
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Posted by: at 7/25/2017 02:55:00 am

Chennai, July 25 2017: Uber, the global ridesharing mobile app that connects riders with drivers to provide convenient, reliable and affordable rides at the push of a button, today announced the launch of the Driver Profile feature. Through this feature, Uber aims to highlight driver stories and spark conversations that enhance the ride experience.

“At Uber, we are equally obsessed about driver partners and riders and as part of this focus, we are introducing a way for riders to know their driver partners better.  With the introduction of Driver Profiles, driver partners can personalize an informative profile to share with riders that spark awesome conversations and experiences. We believe it will have a positive impact on furthering trust and empathy between riders and driver partners,” said Apurva Dalal, Head of Engineering, Uber India.

Driver partners can customize their profile by adding personal information like the languages they speak, hometown, city recommendation and even a fun fact about themselves. Riders on the other hand will can now learn more about the person behind the wheel  than just their name and license plate number by tapping on the photo.

About Uber
Uber’s mission is to bring reliable transportation to everywhere, for everyone. We started in 2010 to solve a simple problem: how do you get a ride at the touch of a button? Six years and more than five billion trips later, we’ve started tackling an even greater challenge: reducing congestion and pollution in our cities by getting more people into fewer cars.
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FlowersTV now exclusively available on YuppTV, in North America

Posted by: at 7/25/2017 02:54:00 am
FlowersTV now exclusively available on YuppTV, in North America

  New Delhi, July 25, 2017: Global OTT leader for South-Asian content, YuppTV has entered into an exclusive partnership with FlowersTV, a 24-hour Premium Malayalam Entertainment Channel for expat community in North America. FlowersTV will also be available for viewing in geographies other than North America on a non-exclusive basis.  Commenting on the latest development, Mr Uday Reddy, Founder & CEO of YuppTV said, “We are glad to announce the exclusive partnership with Flowers TV, a premium Malayalam Entertainment Channel for North America. Flowers TV is recognized for creating strong, entertaining and riveting Malayalam content. We are affirmative that the expat community in North America and across the globe would be happy to watch their favourite Malayalam content.” Elucidating upon the association, Mr. Sreekandan Nair, Managing Director of FlowersTV added, “We are excited to partner with YuppTV, a globally renowned OTT brand and present our shows to its extensive user base, spanning across the globe. At FlowersTV, it has been our constant endeavour to evolve with time and provide our viewers with the best content that they are looking for, both entertainment and otherwise. The association will enable us to reach out to new users, along with giving them access to our shows to watch at their convenience. We look forward to a warm welcome and positive response from YuppTV users.” FlowersTV offers a vivid collection of shows, serials, movies, music and other content in Malayalam. With the latest addition, YuppTV is again registered its Industry leadership in providing high-quality South Asian entertainment to global users. 

About YuppTV
YuppTV is one of the world’s largest internet-based TV and On-demand service provider for South Asian content, offering more than 250+ TV channels, 5000+ Movies and 100+ TV Shows in 14 languages. YuppTV, recently received funding from Emerald Media, a Pan-Asian platform established by leading global investment firm KKR for investing in the media and entertainment sector, wherein Emerald Media acquired a significant minority stake in the company for US$50mn. Emerald Media is led by industry veterans Rajesh Kamat and Paul Aiello, supported by an experienced team of investment and operating executives. The platform primarily focuses on providing growth capital to media, entertainment and digital media companies. YuppTV had earlier raised its Series A round of funding from Poarch Creek Indian Tribe of Alabama.YuppTV has 25000 hours of entertainment content catalogued in its library, while nearly 2500 hours of new on-demand content is added to the YuppTV platform every day. YuppTV offers Live TV and Catch-Up TV technology. It also offers YuppFlix, a movie on demand streaming service for Expat Market and recently launched YuppTV Originals to bring forth unconventional story telling in collaboration with the top talent from the movie industry. Originals will be available in episodic format for the digital audience, exclusively on YuppTV’s platform. YuppTV is currently ranked #1 Internet Pay TV platform for Indians living abroad and the largest Internet TV platform from premium content availability in India. YuppTV is the most downloaded Indian SmartTV app and it also boasts of 13 million mobile downloads with 4.0 user rating.
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Posted by: at 7/25/2017 02:48:00 am


An exclusive section that hosts an assortment of niche international and national brands

Encourages women entrepreneurs & start-ups to display different foods and cuisines

HyperCITY Retail (India), one of the largest hypermarket chains in the country unveiled the ‘Hyper Food Island’ an exclusive section that hosts an assortment of niche international and national brands. Announced at HyperCITY’s flagship store –Malad, the Food Island, brings together some of the finest brands under one roof across categories.

Aligning with the thought of offering ‘Something Fresh Everyday’ - the ‘Hyper Food Island’ aims to provide a range of carefully handpicked products to suit the needs of the contemporary customers, through HyperCITY’s large, modern and exciting format store.

Brands like Doyen, Smoor, Tea Culture of the World, Cool Story, Wingreen’s Farm, RRO- International Cheese, Emporio, Muralidhar Shrikhand, Punjab & Sind and Brownie Cottage are a part of the Hyper Food Island. Through the activity, HyperCITY aims to encourage young innovators and women entrepreneurs to grow and focus on the strength of their businesses, while also allowing them to reach out to a larger set of audience.

Speaking of the announcement, Mr. Ramesh Menon, Chief Executive Officer, HyperCITY Retail (India) Ltd. said “It has been our constant endeavour to enhance customer experience in our stores and we are pleased to introduce the ‘Hyper Food Island’ a niche assortment of brands. The island is specially curated to embark on the tantalizing culinary journey of our customers”.

Mr. Menon added, “We are strong supporters of entrepreneurship, especially women as they are our most powerful customers. At HyperCITY, we have created platforms such as Hyper Budding Chef and Hyper Food Island to encourage food entrepreneurs and boost-up their business skills.”
With HyperCITY’s greatest strength – its customers, the brand has been able to reach a pedestal so high, making it opportune to express gratitude and shower customers with tons of attractive offers on Food, Home and Fashion making the shopping journey even more exciting.
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Mahindra Lifespaces' Consolidated Total Income up 28% in Q1 FY18

Posted by: at 7/25/2017 02:46:00 am

Mumbai, July 25, 2017: Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development business of the Mahindra Group, announced its financial results for the quarter ended June 30th, 2017 today.

FINANCIAL PERFORMANCE The consolidated total income does not include the impact of line by line consolidation of key operating entities which are now consolidated based on share of profits proportionate to equity holding.    • The consolidated total income for the quarter stood at Rs. 148.7 crores as compared to Rs. 115.7 crores in Q1 FY17 and compared to Rs 342.5 crores in Q4 FY17. • The consolidated PAT, post minority interest, stood at Rs. 13.8 crores for Q1 FY18 compared to Rs. 17.5 crores in Q1 FY17 and Rs 17.4 crores in Q4 FY17.  

During Q1 FY18, the Company successfully completed its rights issue and raised Rs 300 cr.
In the residential business, Mahindra Lifespaces sold 255 units worth Rs. 138 crores in the first quarter of the year. Over 60% of these units were in the Rs 50 Lacs and below category. Having handed over 2250 units to customers during the last fiscal, the Company continued its execution momentum with the hand over of over 360 units across 8 projects in the first quarter including at its affordable housing project, Happinest in Boisar, Mumbai. The Company is currently awaiting approvals for 6 of its new projects and plans to launch the same upon receipt of the relevant approvals.

In the integrated cities & industrial clusters business, the Mahindra World Cities at Chennai and Jaipur leased 10 acres to 2 new customers. Significant progress has been made on the approvals for the new industrial cluster in North Chennai project, work on which will commence in the second quarter of the year.  The Company has also initiated the approval process for its 2nd industrial cluster in Gujarat after completing the acquisition of land in Q4FY17.

The Company received the “Golden Peacock Environment Management Award” (GPEMA) for its efforts in sustainable urban development across India.

Commenting on the first quarter of the year, Anita Arjundas, Managing Director, Mahindra Lifespace Developers Ltd., said, “Deep rooted regulatory changes have dominated the first quarter of this fiscal. While the effect of such changes will have a near term impact on the industry, we believe that in the medium to long term, such changes will reflect positively on the opportunities available to Mahindra Lifespaces to grow its business across segments. "

About Mahindra Lifespace Developers Ltd. 
Mahindra Lifespace Developers Ltd., the real estate and infrastructure development business of the Mahindra Group, is one of the leaders and pioneers in sustainable urban development, through the creation of residential and integrated large format developments across multiple city-clusters – Mumbai Metropolitan Region (Mumbai, Thane, Palghar, Alibaug and Boisar), Pune, Nagpur, Ahmedabad, Nashik, the National Capital Region (New Delhi, Gurgaon and Faridabad), Jaipur, Hyderabad, Bengaluru and Chennai.  As of June 30th, 2017, the Company’s residential & commercial development footprint includes 1.31 million sq.m. (14.06 million sq. ft.) of completed projects and 0.81 million sq. m. (8.7 million sq. ft.) of ongoing and forthcoming projects.

The Company is developing two large format integrated business cities, under ‘Mahindra World City’ brand, in Chennai and Jaipur; built on the philosophy of ‘Livelihood-Living-Life’, these developments span over 4000 acres, house over 130 global and Indian companies and serve to drive economic growth and community development. In addition, Mahindra Lifespaces enables access to quality housing at affordable prices via its brand ‘Happinest’.  

Mahindra Lifespaces is the first Indian real estate company to have voluntarily released its GRI compliant report based on the GRI (Global Reporting Initiative) framework.  In 2016, Mahindra Lifespaces has been ranked 28th amongst the ‘Top 100 companies in Asia’ in the 2016 Channel News Asia Sustainability ranking.   
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