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  • CBRE partners with Elan Group for comprehensive facili

    August 06th, 2024 – CBRE South Asia Pvt. Ltd, India’s leading consulting firm, today announced its partnership for comprehensive facilities management of four Elan Group malls in Gurugram. This strategic partnership highlights CBRE’s dedication to delivering exceptional experiences for both tenants and shoppers at these premier locations.

    The contract, valued at INR ₹7.5 crore has been awarded for one year to focus on professionalizing mall management and maximizing value for its stakeholders. CBRE will leverage its extensive expertise in property and retail asset management to optimize operational efficiencies, implement best practices, and drive tenant satisfaction across Elan Group’s strategically located malls in Gurugram, including Elan Town Centre on Sohna Road in Sector 67, Elan Miracle in Sector 84, Elan Epic in Sector 70 and Elan Mercado in Sector 80.

    Rajesh Pandit, Managing Director, Global Workplace Solutions, India & Property Management, India, South East Asia, Middle East & Africa, CBRE, said, “At CBRE, we master the art of facility management, the backbone of a thriving real estate asset. Our services focus on creating an environment that fosters productivity and attracts tenants and customers. Professional upkeep of real estate assets is critical to enhance the brand image of the entire property. We are committed to delivering the highest-quality services with our team of experienced professionals, ranging from routine maintenance to strategic planning, sustainability initiatives, and disaster preparedness. We understand and customise experiences for our clients to tailor unique solutions that ensure their real estate assets operate at peak efficiency while also being prepared to handle any potential disruptions.

    We are glad to partner with Elan Group for their Gurugram retail portfolio. Our service portfolio will bring innovation and exceptional service to elevate their properties’ value proposition and ensure a seamless customer experience, building on Elan’s strong legacy. “

    Commenting on the partnership, Pooja Patti – Senior Vice President – Mall Operations, Elan Group, said, “Elan Group prioritizes customer satisfaction, striving to exceed expectations at every touchpoint. To further elevate this commitment, we have onboarded CBRE to manage the comprehensive operations of our 4 Elan malls in Gurugram. We are thrilled to associate with CBRE for their unparalleled experience and proven track record in operations management. Their expertise will be instrumental in enhancing the overall experience for both visitors and tenants, ultimately creating a thriving retail ecosystem within our malls.”

    Elan Mercado, launched as the first project in Sector 80, Gurugram, introduced high-street retail with luxury service apartments marking Elan Group’s entry into the commercial and hospitality sectors. Expansion with theme-based concepts included Elan Town Centre, featuring colonial architecture on Sohna Road, Gurugram and the successful development of Elan Miracle at Dwarka Expressway engaging global consultants like UHA from London. Elan Group’s entry into the luxury real estate segment was epitomized by Elan Epic, conceptualized as the future of commercial real estate and recognized as India’s first luxury retail destination, achieving spectacular success and establishing Elan Group as a revolutionary force in the industry. At present Elan Group has about retail portfolio with 9 projects across Gurugram.


    Mansi Praharaj

  • Ather partners Amara Raja for advanced battery tech

    Hyderabad: Amara Raja Advanced Cell Technologies, a wholly owned subsidiary of Amara Raja Energy & Mobility (ARE&M), one of India’s leading battery manufacturers, has signed a Memorandum of Understanding (MoU) with Ather Energy. As part of this agreement, Amara Raja will collaborate with Ather to develop and supply NMC (Nickel Manganese Cobalt) and LFP (Lithium Iron Phosphate) Lithium-Ion (Li-ion) and other advanced chemical cells, produced locally at their upcoming Gigafactory in Divitipally, Telangana, according to a media release.

    It may be recalled that Amara Raja recently entered into an agreement with Gotion-InoBat-Batteries (GIB) that will facilitate it to localise current global LFP technology for making Lithium-Ion cells specifically suited for Indian conditions. The company also has an agreement with Jiangsu Highstar Battery Manufacturing Co. for NMC technology.

    With India focused on clean and green energy, the automotive industry is witnessing a big transition towards electric vehicles (EVs), particularly in the two-wheeler segment. Industry projections point towards EV 2W penetration to reach 40 per cent by 2030. Both Amara Raja and Ather have chartered out ambitious plans to tap into this growing market potential. Ather Energy has two manufacturing facilities in Hosur, Tamil Nadu, with one dedicated to battery production and the other to vehicle assembly.

  • PwC India Partners With Microsoft India For Enhanced Cybersecurity with Copilot


    PwC India collaborates with Microsoft

    INDIA: PwC India announced a collaboration with Microsoft India aimed at expanding their incident response and recovery capabilities. As organizations face increasingly sophisticated cyber threats, the alliance brings together PwC India’s incident management capabilities and Microsoft’s advanced technology to protect enterprises effectively.

    With the use of Microsoft Copilot for Security generative AI-powered security solution, enterprises can leverage Microsoft’s large-scale data and threat intelligence security graph with PwC’s secure system rebuilding and broader incident management capabilities. In addition, faster eviction of threat actors can be achieved with Microsoft Incident Response swiftly identifying and evicting bad actors, while PwC India focuses on rebuilding mission-critical systems securely.

    Commenting on the collaboration, Terence Gomes, Partner, PwC India said, “We are moving toward a future where AI and machine learning will become integral in optimizing security operations. Not only can we significantly reduce the incident response time but can also rapidly process large volumes of data to provide key insights to strengthen the enterprise’s overall security posture. With this collaboration, we will empower our clients to predict, prevent, and respond to security threats with confidence.”

    Anand Jethalia, Country Head, Security, Microsoft India, said, “With the increasing speed, scale, and sophistication of cyberattacks, organizations face an increasingly complex cybersecurity landscape. Our collaboration with PwC will enable customers to stay resilient by leveraging Microsoft’s tech and AI innovations and empowers enterprises to tackle threats at the speed and scale of AI.” 

    Cyber threats are constantly evolving, increasing in volume, intensity, and complexity. PwC India assists clients in managing the entire incident lifecycle, including exporting, crisis management, and recovery strategy. PwC India’s collaboration with Microsoft India provides clients access to threat intelligence to solve complex problems arising from breaches. Clients will also be able to leverage PwC’s global presence enabling teams to mobilise quickly, whether remotely or on-site.

    Vivek Belgavi, Partner and Leader – Alliances and Ecosystems, PwC India said, “As per PwC India’s CEO Survey, cyber risk was identified as one of the top three key threats in the next 12 months by Indian CEOs. We believe that AI-based tools like Copilot can help reduce a disadvantage for cyber teams overwhelmed by the sheer number and complexity of human-led cyber attacks, both of which are on the rise. With this collaboration, PwC India can help our clients improve security posture management, incident response, and security reporting.”

    PwC India can support in-house threat intelligence capabilities by building new data feeds, collecting, analyzing, and distributing timely details on potential attacks, and providing global visibility on the threat landscape. With Microsoft Copilot for Security, PwC India can help clients better understand their risk profile, make informed decisions, and mitigate new threats.

  • Nestasia partners with Sanya Malhotra for a Home Transformation

    New Delhi, 27 July 2024: What happens when a beloved actor known for her vibrant personality and artistic flair teams up with a brand dedicated to design excellence? Get ready to find out as Sanya Malhotra partners with Nestasia in an enchanting new campaign that promises to redefine your living spaces!

    Imagine glimpses of Sanya embodying the essence of a true homebody, her warmth and creativity subtly revealing the magic of Nestasia’s latest collections. Picture a fleeting moment of her dancing through a beautifully designed kitchen, turning everyday tasks into joyous, artistic expressions. Catch sight of her arranging fresh flowers with meticulous care, each petal hinting at Nestasia’s impeccable craftsmanship and design.

    Intrigued? Stay tuned to discover more about this captivating collaboration that celebrates the Joy of Nesting In (JONI). Don’t miss the chance to experience a home transformation like never before!

    With a campaign that celebrates the Joy of Nesting In (JONI), Nestasia and Sanya Malhotra invite you to experience the magic of a beautifully curated home. Stay tuned for this inspiring collaboration that will make you fall in love with your space all over again. Don’t miss out on this transformative journey!


    Neel Achary

  • Tata Power Solar partners with the Bank of India

    Tata Power Solar partners with the Bank of India to provide easy and affordable financing to accelerate installation of Rooftop Solar and EV Charging Stations

    tata power solar

    Chandigarh, 26th July 2024: Tata Power Solar Systems Limited (TPSSL), one of the leading solar companies in India and a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL) announced a strategic partnership with Bank of India (BOI), a premier public sector bank, to facilitate easy financing for rooftop solar installations and establishment of electric vehicle (EV) charging stations. The partnership is a significant milestone with Tata Power Solar becoming the first solar company to collaborate with BOI for both solar and EV Charging Station financing and strengthening its leadership as a green energy solutions provider.

    This collaboration supports the Government’s initiatives to promote rooftop solar installations, targeting a wide spectrum of customers, including residential users under the PM Surya Ghar Yojana, housing societies, and Micro, Small, and Medium Enterprises (MSMEs). By providing tailored easy financing solutions, the partnership will mainstream green solutions and make sustainable energy adoption more accessible and affordable for all.

    Under the PM Surya Ghar Yojana, residential customers seeking to install solar systems up to 3 KW can avail loans up to Rs.2 Lakh with only a 5% margin money requirement. These loans are offered at an attractive interest rate of 7.10% per annum, are collateral-free, and have a tenure of up to 10 years. For installations above 3 KW and up to 10 KW, loans can be availed up to Rs.6 Lakh with a 5% margin money requirement. The interest rates for these loans range from 8.3% to 10.25% per annum, and these are also collateral-free with a tenure of up to 10 years. Registered housing societies and residential welfare associations can benefit from loans up to Rs.1 Crore with a 10% margin money requirement.

    All UDYAM registered MSME customers looking to set up rooftop solar systems or EV charging stations can avail of a loan of up to Rs.30 Crores. These loans will have low interest rates starting from 9.35% p.a. with a margin requirement of 15% and offer collateral-free options. Borrowers can avail higher repayment tenure of up to 120 months. Benefits of MSE-GIFT (Green Investment & Financing for Transformation) interest subvention can also be obtained under the loan offering.

    Mr. Deepesh Nanda, CEO & Managing Director, Tata Power Renewable Energy Limited said, “We are honored to collaborate with Bank of India to advance sustainable energy solutions across various customer segments. This partnership aligns with our mission to bring affordable, clean energy to millions and accelerate India’s transition to a low-carbon economy. With the help of partners like the Bank of India, we are delighted to provide affordable and easy financing solutions for our customers looking to invest in either Rooftop Solar or EV Charging Infrastructure, which will help them take their first steps on their green energy journey.”

    Mr. Ashok Kumar Pathak, Chief General Manager, Bank of India, said, “Our partnership with Tata Power Solar marks a significant step towards fostering sustainable development. As the first bank to tie up with a solar company for solar and EV charging station financing, we are proud to offer tailored financial solutions that will empower individuals, housing societies, and MSMEs to embrace renewable energy. This initiative reflects our commitment to supporting the government’s vision for a green and sustainable future.”

    TPSSL stands at the forefront of the renewable energy landscape. With a solar rooftop portfolio of over 2 GW, the Company is making significant strides across various states and cities. The comprehensive solutions cover residential, commercial & industrial, MSMEs, large enterprises, group captives, and other customized offerings, showcasing a commitment to diverse energy needs.

    Leveraging 34 years of experience and the trust of the Tata brand, the Company excels in operational and maintenance services across 275+ cities and demonstrates technological process with its indigenous cells and modules. Its strong commitment to customer satisfaction and the extensive network of channel partners further solidifies its position as a trusted leader in the renewable energy sector.

    TPREL is also a leading provider of electric vehicle charging solutions in India, spearheading the nation’s transition towards e-mobility. Its commitment to e-mobility is exemplified through its extensive charging network spanning 550+ cities and towns, 5500+ public and semi-public charging points, ~1,00,000 home chargers, and 950+ conveniently positioned bus charging points. Present across prominent highways and diverse locations such as hotels, malls, offices, hospitals, residential complexes, etc.

    The total renewables capacity of TPREL reached 10,025 MW (PPA capacity is 8,196 MW) including 5,208 MW projects under various stages of implementation and its operational capacity is 4,817 MW, which includes 3,787 MW solar and 1,030 MW wind.


    Neel Achary

  • Truecaller Partners with HDFC ERGO to Launch Fraud Insurance

    twenty seventh June 2024, Bangalore, India: Truecaller, the world’s foremost worldwide communications platform, in collaboration with HDFC ERGO, India’s foremost fundamental insurance coverage protection Company, is proud to announce the launch of Fraud Insurance, an initiative geared towards providing enhanced security to prospects in direction of digital communication frauds in India.

    A present report by the Indian Cyber Crime Coordination Centre revealed that digital financial frauds accounted for a staggering INR 1.25 lakh crore over the previous three years. With the rising cases of cyber fraud, this contemporary insurance coverage protection offering underscores Truecaller’s unwavering dedication to combating fraud and guaranteeing client security through superior app choices – sooner than, all through and after mobile communication.

    The Fraud Insurance product will current safety up to INR 10,000 to Android and iOS prospects all through India. The product is on the market to yearly premium subscribers of Truecaller and all present prospects can avail this security with out price beneath their present plan. To assure a clear and hassle-free experience for all prospects, the fraud safety is seamlessly built-in into the Truecaller app, and is activated as quickly as the buyer opts in for the insurance coverage protection risk.

    The insurance coverage protection plan requires no additional paperwork and one can permit it instantly through the Truecaller app. The new offering will enhance client experience by providing all spherical security from the time of receiving a reputation, all through and after communication with the help of AI spam blocking, AI Assistant and identify scanner and Fraud Insurance to full the loop.

    Speaking on the launch of Truecaller’s Fraud Insurance, Rishit Jhunjhunwala, Chief Product Officer and MD, India, Truecaller acknowledged, “We’re thrilled to launch this contemporary insurance coverage protection offering as part of our ongoing dedication to providing full choices that prioritize client security and perception. With the launch of Fraud Insurance, we’re not merely introducing a attribute; we’re reinforcing our dedication to safeguarding our group in direction of the ever-evolving threats of digital fraud, and empowering them with the peace of ideas they deserve in as we converse’s superior digital panorama. As we proceed to innovate and adapt to the altering panorama of digital communication, Truecaller stays steadfast in our promise to empower prospects with the devices they need to hold safe on-line.”

    Vishal Sikand, Joint President, Commercial Lines, HDFC ERGO General Insurance, talked about, “The pandemic has accelerated the utilization of digital mobile price inside the nation. While it brings consolation, it moreover leads to an increase in digital frauds inside the nation. We are delighted to companion with Truecaller as a result of it underscores our dedication to leverage cutting-edge know-how whereas offering customer-centric enhancements. Our full insurance coverage protection offering, coupled with Truecaller’s intensive client base will propel financial inclusion alongside with security from digital communications fraud inside the nation.”


    Mansi Praharaj

  • SANY INDIA PARTNERS WITH UNION BANK OF INDIA TO PROVIDE FINANCIAL SOLUTIONS TO ITS CUSTOMERS

    (Left to Right) : Mr. Naveen Jain, Zonal Head , Pune of Union Bank of India and Mr. Sanjay Saxena, COO SANY INDIA present at the signing ceremony of financial solution partnership to provide assistance to SANY INDIA customers.

    NEW DELHI:  SANY India, a leading manufacturer of construction equipment, is pleased to announce the signing of a Memorandum of Understanding (MoU) with the Union Bank of India. Through this strategic partnership, SANY India aims to provide substantial growth and development opportunities across the country along with enhanced financial support to its customers while facilitating easier access to SANY India’s advanced product line along with readily available financial solutions.

    The MoU was signed in the presence of Naveen Jain, Zonal Head, Pune of Union Bank of India, and Sanjay Saxena, COO of SANY India, accompanied by senior officers from both organizations. 

    This collaboration between SANY India and Union Bank of India is strategically designed to leverage the strengths of both entities, providing a range of customized financial services tailored to meet the needs of the customers. This collaboration is designed to streamline the financing process, making it more efficient and customer-friendly, thereby empowering businesses across various sectors.

    Sanjay Saxena, COO of SANY INDIA, stated, “We are happy to join hands with Union Bank of India, a leading institution of economic well-being within its operational areas. This MoU is a testament to our commitment to delivering exceptional financial services alongside our cutting-edge products, empowering customers across India.”

    Highlighting the significant reliance on Union Bank of India for equipment financing, Saxena added, “The MSME Schemes offered by Union Bank of India are beneficial to all profiles of construction equipment customers. This partnership highlights the bank’s strong commitment to funding construction equipment. With Union Bank of India as our preferred financier, customers can conveniently access financing solutions for our earthmoving and construction equipment without the need to explore alternative options.”

    Naveen Jain, Zonal Head, Pune of Union Bank of India, commented, “We are pleased to enter this strategic partnership with SANY India and continuously strive to provide beneficial opportunities for our customers. With construction and infrastructure activities thriving across the country, the demand for earth-moving and construction equipment is on the rise. Through our Construction Equipment Finance schemes, prospective buyers of SANY equipment can easily avail themselves of financing tailored to meet their financial requirements.”

    This partnership marks a milestone in the financial and construction sectors, promising a collaborative relationship that will benefit customers, foster industry growth, and support national development goals.

  • Propelld partners with 5 universities to provide collateral-free student loans

    (*5*)

    New Delhi, India, 25 June 2024 — Propelld, a pioneering supplier of training financing options, has entered into strategic partnerships with esteemed universities to improve entry to larger training for college students. Through its customised monetary help, it goals at supporting instructional ambitions by eradicating the monetary obstacles that college students and their households often encounter.

    Initiating the brand new alliances, the Memorandum of Understanding (MoU) has been fashioned with:

    1. Quantum University – Roorkee / Dehradun
    2. Doon Business School – Dehradun
    3. AAFT – Noida
    4. Indian School of Hospitality
    5. Vishveswarya Group of Institution

    Brijesh Samantaray, Co-Founder at Propelld

    “We are excited to embark on these partnerships with main universities. The new alliances mirror our dedication to democratising entry to training in India. Our tech-driven strategy permits us to supply custom-made mortgage merchandise and seamless EMI choices to college students, thereby eliminating quick monetary burden from their studying journeys. We have empowered over 2,50,000 college students and partnered with greater than 2000 institutes to this point and are decided to develop this quantity with each passing day,” stated Brijesh Samantaray, Co-Founder at Propelld.

    Partnership Benefits:

    The partnered universities achieve entry to Propelld’s complete suite of providers that embody collateral-free, student-friendly training loans with minimal documentation necessities and speedy turnaround occasions (TAT of two days most). Propelld’s tech prowess ensures a hassle-free end-to-end digital utility course of for deserving college students and in addition streamlines administrative processes akin to payment administration and reconciliation for the establishments.

    By collaborating with these main establishments, Propelld reaffirms its place as a market chief in training financing and is dedicated to democratising training by leveraging know-how. Propelld is assured of the potential of such partnerships to simplify entry to larger training for all, thereby contributing considerably to the expansion of the tutorial ecosystem.

  • Propelld partners with 5 universities to provide collateral-free student loans

    (*5*)

    New Delhi, India, 25 June 2024 — Propelld, a pioneering supplier of training financing options, has entered into strategic partnerships with esteemed universities to improve entry to greater training for college kids. Through its customised monetary help, it goals at supporting instructional ambitions by eradicating the monetary obstacles that college students and their households continuously encounter.

    Initiating the brand new alliances, the Memorandum of Understanding (MoU) has been shaped with:

    1. Quantum University – Roorkee / Dehradun
    2. Doon Business School – Dehradun
    3. AAFT – Noida
    4. Indian School of Hospitality
    5. Vishveswarya Group of Institution

    Brijesh Samantaray, Co-Founder at Propelld

    “We are excited to embark on these partnerships with main universities. The new alliances replicate our dedication to democratising entry to training in India. Our tech-driven method permits us to provide personalized mortgage merchandise and seamless EMI choices to college students, thereby eliminating quick monetary burden from their studying journeys. We have empowered over 2,50,000 college students and partnered with greater than 2000 institutes up to now and are decided to develop this quantity with each passing day,” mentioned Brijesh Samantaray, Co-Founder at Propelld.

    Partnership Benefits:

    The partnered universities acquire entry to Propelld’s complete suite of companies that embody collateral-free, student-friendly training loans with minimal documentation necessities and speedy turnaround occasions (TAT of two days most). Propelld’s tech prowess ensures a hassle-free end-to-end digital software course of for deserving college students and likewise streamlines administrative processes reminiscent of charge administration and reconciliation for the establishments.

    By collaborating with these main establishments, Propelld reaffirms its place as a market chief in training financing and is dedicated to democratising training by leveraging know-how. Propelld is assured of the potential of such partnerships to simplify entry to greater training for all, thereby contributing considerably to the expansion of the tutorial ecosystem.

  • JSW MG Motor India Partners with Ecofy to boost faster adoption of EVs

    Hyderabad: JSW MG Motor India announced an MoU with Ecofy, a leading NBFC backed by Eversource Capital, committed to financing India’s green transition, along with its technology & leasing arm Autovert. This collaboration aims to unlock new financing options for JSW MG’s electric vehicles, making them more accessible to customers across India including semi-urban and rural areas.

    Over the next three years, the partnership with Ecofy will provide innovative financing and leasing solutions (powered by Autovert) for up to 10,000 JSW MG EVs. This will encompass attractive loan options and leasing arrangements across retail customers and B2B operators for the existing and forthcoming electric vehicles of JSW MG Motor India.

    Recognising the evolving needs of modern consumers, Ecofy and JSW MG Motor India along with Autovert have co-created innovative products and structures, including easy subscription plans. These innovative offerings are expected to drive rapid adoption of electric passenger vehicles by providing customers with unparalleled flexibility, convenience, and affordability.

    Speaking on the partnership, Rajashree Nambiar, Co-founder, MD & CEO of Ecofy said, “We are excited to partner with JSW MG Motor India, a visionary company that shares our commitment to sustainable mobility. By combining our expertise in finance and JSW MG’s cutting-edge electric vehicle technology, we aim to make EVs accessible to a wider audience, empowering individuals and businesses to embrace a greener future without compromising on convenience or affordability.”

    According to Gaurav Gupta, Chief Growth Officer, JSW MG Motor India, “This partnership reflects JSW MG India’s commitment to offer innovative EV ownership solutions to augment the adoption of electric vehicles (EVs) in India. By offering innovative financing solutions in collaboration with industry specialists, we are making EV ownership more accessible and affordable to a broader audience. We remain committed to promoting sustainable mobility and supporting the government’s vision of a cleaner environment and a robust electric mobility ecosystem.”

    Kartik Gupta, Chief Growth Officer, Autovert added, “India is at a cusp of a large green revolution, demand is picking up however regular financing methods are not enough. There is a growing need for alternate financing methods like subscriptions, pay-per-use which is expected to act as a catalyst for this growing demand.”

    Under the partnership, through its extensive dealership network, JSW MG Motor India will provide access points for customers seeking to purchase EVs with attractive financing options. The partnership’s competitive edge also lies in its innovative products, seamless digital approval processes, and hassle-free product ownership experience for customers. Ecofy’s financial solutions, coupled with JSW MG’s advanced electric vehicles, will provide consumers with a seamless and convenient transition to sustainable transportation.