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Business Wire India - Multimedia: Digest for February 16, 2023

Business Wire India - Multimedia

Multimedia By Business Wire India

Table of Contents

Business Wire India

SIL will open its Initial Public Offering starting from February 16th, 2023, and the issue will close on February 21st, 2023. According to the prospectus filed with BSE SME, 24,99,600 equity shares are offered at a price band of Rs. 220 Lower Band (LB) to Rs.225 Upper Band (UB) per Equity Share of Face Value Rs. 10/- each.

Not more than 40% of the Net Issue will be allocated on a proportionate basis to Qualified Institutional Buyers ("QIBs") including Anchor, and not less than 18% of the Net Issue will be available for allocation on a proportionate basis to Non- Institutional Investors and not less than 42% of the Net Issue will be available for allocation to Retail Individual Investors.
 
SIL is a leading designer and manufacturer of mechanical seals for all kinds of rotary equipment for refinery, oil & gas, petrochemical, chemical, fertiliser, pharmaceutical, power, marine, pulp & paper, food & beverage, aerospace, and many more industrial applications.
 
According to the report from fortune business insights, the global industrial mechanical seals market is valued at USD 4.5 billion in the year 2021. The market is projected to grow to USD 6.8 billion by 2029, expecting a CAGR of 5.7%.
 
Sealmatic is an OE supplier to KSB, Sulzer, KEPL, Andritz, KBL, RuhrPumpen, Wilo, SPX, Seepex, Düchting, ITT (USA), BHEL, Circor, Idex, Egger, PMSL, MSL, Xylem, Metso and many other renowned OEMS.
 
The company is API Spec Q1, ATEX - 2014/34/EU, DSIR, ISO 9001, 14001, 45001 & PED 97/23/EC QA-System, FDA, GMP, RoHS, REACH Certified Company. Additionally, the company is the only MSME mechanical seal company which has been approved by the Ministry Of Science & Technology.
 
Umar Balwa, Managing Director of Sealmatic India Limited says, "There are about 15000 high quality SMEs located across the length and breadth of the country, engaged in high end manufacturing in every field possible. There is going to be an industrial revolution in our country in the coming years, making India a power house like Germany, Japan and South Korea. There are about 394 companies listed on BSE SME Platform, which have raised Rs. 4,263 crores from the market and total market capitalization of 394 companies as on October 07, 2022 is about Rs. 60,000 Crores. This says it all!"

For more information please visit: www.sealmaticindia.com
Business Wire India

Fashion jewellery brand, Kushal's, known for its designer fashion and silver jewellery has opened its first store in the state of Maharashtra at Morewadi, Pimpri in Pune. The store was launched by actress Mrunal Thakur, in the presence of media and the brand's management team.

Spread across 1500 sq. ft, the store has more than ten thousand designs in antique, kundan, zircon, temple, and silver Jewellery. The widest collection with great ambience, provides a special jewellery buying experience for all age groups, occasion and style.

During the inauguration Mrunal Thakur said, "As a person who sees jewelry as an essential component of my personal style, I cannot feel complete without the perfect piece to complement my outfit. What I appreciate most about Kushal's is their wide selection of designs, ranging from traditional to trendy and modern. Keeping up with fashion trends is important to me and having access to a collection that caters to every style makes it easy to feel fashionable and confident on any occasion. I liked their special section for bridal and wedding."

Mr. Ankit Gulechha, Marketing Director, Kushal's Fashion Jewellery, said, "Glad to have Mrunal Thakur with us for this momentous occasion. She has a keen eye for fashion and is known for her ability to effortlessly pull off a wide range of looks, from traditional Indian wear to contemporary styles. The people of Pune are known for its love of jewellery and stay informed on the latest fashion jewellery trends. Kushal's collections are curated specifically to cater to the fashion-forward market, and we are happy to see the positive reception so far. We are confident in our ability to continue providing exclusive, high-quality designer fashion jewellery that meets the demands of our customers."

Renowned for their distinguished designs with intricate craftsmanship, Kushal's takes pride in reinventing fashion jewellery for women. The brand is known for their versatile traditional and contemporary designs, exceptional product quality and grandeur stores. Believing that any woman can be stylish and fashionable, Kushal's is a one stop destination for jewellery for all occasions, be it traditional, formal or casual. 
 
Today with 51 stores in 17 cities in the country, Kushal's is rapidly expanding its retail footprint throughout Maharashtra and India. Shortly they are launching two stores in Phoenix Mall at Wakad & Vimannagar. Kushal's currently operates in Bangalore, Hyderabad, Chennai, Chandigarh, amongst other cities in India. Customers can also buy online at www.kushals.com.
Business Wire India

  • Available in two variants - 2GB/ 4GB RAM, UNISOC T606 Processor to ensure a "hatke" performance + 64GB storage, moto e13 goes on sale today on Flipkart & leading retail stores
  • Moto e13, flaunting a long-lasting 5000mAh battery that can go up to 36 hours* on a single charge, is a must have for every individual who is always 'on-the-go'
  • Built with a stunning, slim and lightweight design, moto e13 is brilliantly complimented by an acrylic glass PMMA body, that can make heads turn
  • Moto e13 boasts an incredible 6.5" IPS LCD display and the brilliant Dolby Atmos® speakers for an enhanced sound experience
  • Moto e13, also features the latest Android™ 13 (Go edition) for a more reliable, usable, and customizable experience
  • Consumers can get their hands on this disruptive smartphone, starting at an unbelievable price of just Rs 6,999 for the 2GB variant and 7,999 for the 4GB variant, on Flipkart and leading retail stores across India
  • Consumers can also avail a Flat Rs. 700 cashback by opting in for the Jio SIM offer, plus an additional Rs. 2,500 worth of benefits from Jio.
​
The recently launched moto e13 featuring 2GB/ 4GB RAM, UNISOC T606 Processor to ensure a "hatke" performance + 64GB storage goes on sale today, on Flipkart and leading retail stores across India, today, 12 noon onwards. The smartphone, flaunting a long lasting 5000 mAh battery that can last over 36 hours*, and an incredibly premium design, is a must-have for individuals 'on-the-go'. The smartphone is available in two variants starting at an incredible price of just Rs 6,999 (2GB+64GB) and Rs 7,999 for the 4GB+64GB variant.
 
Moto e13 flaunts a sleek, stylish, and premium design and the smartly built 6.5" IPS LCD display sets itself perfectly with the trending style. It has the latest Android™ 13 (Go edition), for a more reliable, usable, and customizable experience.
 
Furthermore, the moto e13 provides easy access to theater in your pocket with a multidimensional audio-visual experience with Dolby Atmos® audio. Now watch long hours show with the perfect connectivity of dual-band Wi-Fi (both 5GHz and 2.4Ghz) – a first in this segment a convenient USB Type-C 2.0 connector, and Bluetooth® 5.03 wireless technology. 
 
With moto e13, capture shots like never before with its 13MP AI-powered camera system, and a 5MP front camera that includes intelligent features like Auto Smile Capture, Face Beauty, and Portrait mode to turn all your beautiful moments into memories that can be cherished forever.  

Not just that, the moto e13 also features a stunning design, premium design by being one of the thinnest and lightest phones in the segment – featuring an acrylic glass back finish in 3 beautiful colours. Moreover, your phone stays protected from all those spills and splashes with a segment first IP52 water-repellent design.

Overall, at a prefect buildup of 8.47mm thin and weighing just 179.5g, moto e13 fits your pocket without compromising battery life or the view. Additionally, the addictive moto gestures like chop-chop for flashlight and three finger screenshot, enhance the user experience. Lastly, you also get a 10W Charger along with a protective case in the box and 2x2 MIMO for better and faster connectivity and data speeds.
 
Availability and Pricing
 
Moto e13, available in three stunning colors - Cosmic Black, Aurora Green, and Creamy White, will go on sale today, 15th February 2023, 12 noon onwards, on Flipkart.

Know more at:
Flipkart: https://www.flipkart.com/e13/p/itm3042ad3770a18?pid=MOBGKHNBA55HDSZR
 
This incredible device will also be available at retail in thousands of Jio Mart stores, as well as My Jio stores across the country.

To locate a My Jio Store near you, click the following link: https://bit.ly/3a9rOQn  
 
The product will also be available on Motorola.in, Motorola's own D2C India website. Link below:
Motorola.in: https://www.motorola.in/smartphones-moto-e13/p
 
Pricing:
  • 2GB RAM + 64GB Storage – Rs. 6,999
  • 4GB RAM + 64GB Storage – Rs. 7,999

Offers:
Jio Subscription Offer: 
Rs. 700 FLAT cashback - for existing and new consumers – who opt to use the Jio network for a fixed period within 15 days of activating the device.

Effective price with Jio Subscriotion Offer: 
  • 2GB + 64GB – Rs. 6,299 
  • 4GB + 64GB – Rs. 7,299 

Offer details for Jio SIM Subscription offer: https://www.jio.com/en-in/jioexlusive-motorola-terms-conditions-e13
 
Additional Jio Offer: 
Benefits worth Rs. 2,500
  • 40 cashback vouchers of Rs. 50 – TOTAL Rs. 2,000 (applicable for Rs. 419 plan) 
  • Rs. 500 Myntra gift voucher

Offer details for additional benefits worth Rs. 2,500:  https://www.jio.com/en-in/jio-motorola-e13-offer-2023
 
Legal and Disclaimers
[General]

Certain features, functionality and product specifications may be network dependent and subject to additional terms, conditions, and charges. All are subject to change without notice. MOTOROLA, the Stylized M Logo, MOTO and the MOTO family of marks are trademarks of Motorola Trademark Holdings, LLC. All other trademarks are the property of their respective owners. ©2023 Motorola Mobility LLC. All rights reserved.

for BTL takeaway materials and website
MOTOROLA, the Stylized M Logo, MOTO and the MOTO family of marks are trademarks of Motorola Trademark Holdings, LLC. All other trademarks are the property of their respective owners. ©2023 Motorola Mobility LLC. All rights reserved.

Packaging/Manual
Designed and manufactured by/for Motorola Mobility LLC.

[Trademarks statement and universal disclaimer]

If Google products are mentioned (Please note that these are examples and may vary depending on the Google product included in your marketing asset): Google is a trademark of Google LLC.

If microSD card is mentioned (Please note that these are examples and may vary depending on the product included in your marketing asset): MICROSD is a trademark of SD-3C, LLC.

If AndroidTM13 (Go edition) is mentioned (Please note that these are examples and may vary depending on the product included in your marketing asset): Android is a trademark of Google LLC.

If Google Lens is mentioned (Please note that these are examples and may vary depending on the product included in your marketing asset): Google Lens is a trademark of Google LLC.

If Google Assistant is mentioned (Please note that these are examples and may vary depending on the product included in your marketing asset): Google Assistant is a trademark of Google LLC.

If Google Play Protect is mentioned (Please note that these are examples and may vary depending on the product included in your marketing asset): Google Play Protect is a trademark of Google LLC.

If Dolby Atmos® is mentioned (Please note that these are examples and may vary depending on the product included in your marketing asset):
Manufactured under license from Dolby Laboratories. Dolby, Dolby Atmos, and the double-D symbol are registered trademarks of Dolby Laboratories Licensing Corporation.

If Bluetooth® is mentioned (Please note that these are examples and may vary depending on the product included in your marketing asset):
BLUETOOTH is a trademark of Bluetooth Special Interest Group (SIG).

If UI screen is shown：

Screen images simulated. Phone UI for illustration purposes only, and subject to change.

1. [Battery and charger] Battery life
All battery life claims are approximate and based on the median user tested across a mixed use profile (which includes both usage and standby time) under optimal network conditions. Actual battery performance will vary and depends on many factors including signal strength, network and device settings, temperature, battery condition, and usage patterns.

for BTL non-takeaway materials
Based on the median user tested across a mixed use profile (which includes both usage and standby time) under optimal network conditions. Actual battery performance will vary.

for BTL extremely reduced space materials ONLY (and ONLY if accompanied by (in close proximity to) other materials that include the full battery disclaimer) Based on a median mixed usage profile, actual battery life will vary.
Business Wire India

Senator, Dr. Rasha Kelej, CEO of Merck Foundation has been conferred with the Doctorate of Letters (D.Litt) Degree (Honoris Causa) by the Krishna World University, India during their special Convocation Ceremony which was held at the University campus.

Senator, Dr. Rasha Kelej expressed, "I am extremely proud to receive this prestigious award, the Doctorate of letters (D.Litt) Honoris Causa. Special thanks to Dr. Suresh Bhosale, Chancellor of Krishna Vishwa University and the full board for this honor, to recognize my efforts & commitment towards Women Empowerment, Girl Education and Patient Care transformation in Africa and other developing countries. This award is very close to my heart and means a lot to me."
 
Dr. Suresh Bhosale, Chancellor of Krishna World University emphasized, "We were pleased to honor Dr. Rasha Kelej, with Doctorate of Letters (D.Litt), Honoris Causa. She really deserves it, an ardent social worker & reformer working for women's empowerment & social justice. She has been travelling all over Africa, even to the remote rural regions, creating awareness & providing health care. She has provided relief & solace to thousands of families. As CEO of the Merck Foundation, she has provided scholarships to many African doctors to train in specialties & super specialties in centers around the world."

Dr. Rasha Kelej has been successfully leading the Merck Foundation programs for the past 10 years and works closely with more than 20 African First Ladies as Ambassadors of Merck Foundation and Ministries of Health, Education, Information, Communication, Gender, Academia, Media and Art societies in 50 countries.

Through Merck Foundation, she has helped to break infertility stigma and transform patient care by providing more than 1470 scholarships to doctors from 50 countries, in 32 underserved medical specialties.

She strongly believes in girl education; and through her 'Educating Linda' program, she has been providing scholarships to 1000s of schoolgirls to continue their education to reach their potential. 

She is currently also hosting a pan-African TV program "Our Africa by Merck Foundation", conceptualized and directed by her, to sensitize communities about sensitive social and health issues through science, fashion and art.

Follow @Rasha Kelej: Facebook, Instagram, Twitter, YouTube
Visit www.merck-foundation.com

FlexC Introduces its AI-Powered Talent Platform to U.S.

Wednesday 15 February 2023 09:00 AM UTC+00
Business Wire India

FlexC, an innovative, modern approach to an on-demand workforce, is expanding into North America, with a mandate to power the global workforce with transparency and integrity.

Launched in 2020, FlexC connects organizations and white-collar, technology professionals through a comprehensive, AI-powered platform that streamlines every facet of hiring permanent talent and managing hybrid workforce models: matching, onboarding, paying, offboarding, rehiring, and rating – all in one place.

Taking the vision to become a global platform, FlexC today has announced its expansion to the US. FlexC also welcomes new members in the leadership team with combined total of 80 years of experience in building, managing, and overseeing human capital platforms, directing large-scale delivery center teams, and bridging the gap between technology and business. With their proven track record of driving innovation and growth, the platform is set to make an impact in the US workforce market.

Sharing his views on the development, the Founder and Global CEO Girish Kukreja said, "As FlexC celebrates its third anniversary, we are overjoyed to be welcoming these new partners to FlexC and so excited to share the value and functionalities of our deep AI-powered platform and our community of over 60k professional contractors, to a broader, global, audience."

The platform currently enables companies to connect with more than 60,000 users with more than 400 unique skill sets. This allows employers and companies to optimize their efficiency with a hybrid workforce, regardless of physical location. Organisations now can combine talent based within or outside India to create a team with 24/7 availability, ready to address any need literally at any time, regardless of physical location. 

"At FlexC, we are passionate about making it easier for top talent and organizations to work together without all the headaches and traps," said Josh Wright, FlexC's Chief Commercial Officer. "We know that AI has the power to drive results that benefit both companies and the highly skilled talent they need for success."

TheMathCompany Inaugurates New Office in Chennai

Wednesday 15 February 2023 09:30 AM UTC+00
Business Wire India

TheMathCompany, Illinois-headquartered leading global data analytics and engineering firm has expanded its operations in Chennai. The company's new office in the city is designed to meet the requirements of a futuristic and modern workplace, and was inaugurated today by Sayandeb Banerjee, Chief Executive Officer & Cofounder, and Hon'ble T. R. Paarivendhar, Member of Parliament, and Founder and Chancellor of SRM University.

The new office will support TheMathCompany's data analytics and engineering capabilities and build exciting career opportunities for local talent seeking experiences in these futuristic domains. It will also offer TheMathCompany's global clients a deeper access to a diverse and skilled talent pool from the state and the region.

TheMathCompany continues to grow rapidly globally, and its employees enjoy a flexible-work approach. Among many benefits of our flexible-work approach are: eliminating long commutes for employees, enhancing collaboration and productivity through flexibility, and bringing on the best talent, from around the world, for our clients. TheMathCompany employees currently operate out of 240+ Indian cities and 100+ ZIP codes in the USA.

Sayandeb Banerjee, Chief Executive Officer & Cofounder, TheMathCompany, said: "Chennai boasts a rich industry-academia ecosystem and offers a robust and highly proficient talent pool for data & analytics. This office is inaugurated in response to requests from our current and potential employees in the region. We are thrilled to mark our presence in the city and are committed to building a long-term presence in the region."

Dr. T. R. Paarivendhar, Founder Chancellor, SRMIST, and Member of Parliament, Lok Sabha, said, "With its unmatched higher education ecosystem and solid industry presence, Chennai is fast emerging as the analytics hub of India. At SRM Institute of Science & Technology, we have had a rewarding partnership with TheMathCompany, and with a new office in Chennai, it will only get stronger in the months and years to come. We extend a warm welcome to TheMathCompany in Chennai and wish them success for continued growth in the city and around the world."

TheMathCompany leveraged the opportunity to set base in the Southern region of the country to address the increasing demand for satellite workplaces. As one of the fastest growing Data analytics companies in the nation, TheMathCompany encourages new ways of working and believes in taking work to people instead of bringing people to work. TheMathCompany is upbeat about the potential of the new Chennai office and intends to offer enriching technology careers to local talent as well as solve better and solve faster for customers.
Business Wire India

Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today expands its female grooming portfolio with the launch of the new powerful yet gentle facial hair remover, the Philips BRR454 Facial Hair Remover. The product comes packed with the 360° Hypoallergenic head technology of Philips which ensures a gentle hair removal experience.
 
Keeping well-groomed hair provides a sense confidence and comfort for consumers today. With this launch, Philips aims to cater to the multitasking women giving them the tools and encouragement to help them feel their best. The BRR454 Facial Hair Remover gently removes facial hair on the upper lip, chin, cheeks, and jawline. The product features non-invasive trimming technology ensuring the skin is unharmed and provides skin-friendly touch up. The hypoallergenic head allows users with sensitive skin or who are prone to skin irritation to gently remove the finest facial hair leaving the skin smooth.
 
Unlike other hair removal methods, the new product cuts close to the skin to remove peach fuzz and sturdy facial hair so that the hair does not grow back thicker, denser, or darker. The BRR454 also boasts self-sharpening blades that delivers constant closeness to the skin allowing for flawless results. For a user-friendly experience, the product has a built-in mirror as well full circle LED-light that ensures maximum visibility to remove even the finest facial hair.
 
Commenting on the launch, Vidyut Kaul Head, Personal Health, Philips Indian Subcontinent said, "At Philips, each one of our products are created based on specific consumer needs and addresses definitive need gaps. Women today are looking for products that are convenient and easy to use and hence the BRR454 Facial Hair Remover is the perfect partner for smooth skin. The product is sleek, compact, and portable specifically designed for women to enable them to remove the finest facial hair on the go. With this latest addition to our female grooming portfolio, we aim to improve the lives of our consumers through meaningful innovation. We are optimistic that the launch of this product will provide a no fuzz, no fuss experience to our consumers."
 
The new Philips BRR454 Facial Hair Remover comes with a protective cap and is made for on the go use. The compact and lightweight design make it ideal for a quick touch up wherever one is. With a focus on hygiene, the head is washable and is made of a corrosion-free material. The product comes with AA battery and a two-year warranty.

The product is available at the nearest retail store and for online purchasing starting from INR 2,195/-.
Business Wire India

Flex (NASDAQ: FLEX) today announced the opening of its new Global Business Services (GBS) center in Coimbatore. This will be Flex's third GBS center in India that will complement its existing GBS facilities in Chennai and Pune.
 
"Our Global Business Services and Solutions has evolved to be an integral part of Flex operations with resilient business continuity capabilities. Our vision is to enable global business transformation through integrated and innovative solutions and GBS is a key enabler of Flex's success. This new GBS facility at Coimbatore will work cohesively with GBS Chennai and Pune to further advance the value GBS can provide to Flex. Our GBS teams will provide continued focus on enhancing and optimizing our end-to-end processes, providing actionable insights to our 100+ sites across the globe, including business leaders," said Balroop Grewal, Senior Vice President Operations at Flex.
 
Also commenting on the launch of the new facility, Ashutosh Arora, Vice President & General Manager at Flex GBS India said, "We are very pleased with the expansion of Flex GBS' footprint in India. Coimbatore provides the right building blocks- skilled talent pool, excellent support from the government and good infrastructure. We are looking forward to further enhance Flex culture of innovation, diversity and meeting customer commitments."
 
The GBS centers provide centralized services in support of Flex's global operations in the areas of Global Procurement & Supply Chain, Finance, Engineering & Quality, Program Management, IT and HR, together with other specialized verticals. Flex has been operating in India since 2001 and with over 5,000 employees, India has the largest GBS population globally.
 
In addition to the three GBS facilities, Flex operates two manufacturing facilities in Sriperumbudur, Tamil Nadu and two Global Services and Solutions facilities in Bangalore, Karnataka.
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