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Business Wire India - Multimedia: Digest for January 16, 2024

Business Wire India - Multimedia

Multimedia By Business Wire India
Business Wire India

  • All-new variants of MG Astor 2024 - Sprint, Shine, Select, Sharp Pro and Savvy Pro come with updated i-SMART 2.0 with Advanced User Interface.
  • Offers a host of exciting features including Front Seat Ventilation, Wireless Charger, Wireless Android Auto & Apple Car Play, and Auto-dimming IRVM.
  • The most Advanced SUV in its class, the MG Astor 2024, comes loaded with exciting features at an attractive starting price of 9,98,000 INR ex-showroom price.
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Morris Garages (MG), a British automobile brand with a 100-year-old legacy, today launched the MG Astor 2024, India's Most Advanced SUV in its class. The new Astor 2024 comes with a host of exciting features – Ventilated Seats in the front row, Wireless Charger, Wireless Android Auto & Apple Car Play, and Auto-dimming IRVM for additional security and convenience, along with an updated i-SMART 2.0 with Advanced User Interface for a holistic driving experience. India's first SUV with AI inside will be available in the All-new variants - Sprint, Shine, Select, Sharp Pro and Savvy Pro, starting at an attractive price of 9,98,000* INR ex-showroom price.
 
The MG Astor 2024 now comes equipped with i-SMART 2.0 and 80+ connected features for a seamless and convenient driving experience. Among its standout features is the JIO Voice Recognition system, enabling advanced voice commands for Weather, Cricket updates, Calculator, Clock, Date/Day information, Horoscope, Dictionary, News and knowledge. The Anti-Theft feature, coupled with Digital Key functionality, ensures security even without a network connection. The Advanced UI is complemented by Widget customization on the home screen with multiple home pages and a unique Birthday Wish feature on the Head unit that allows date customization through i-SMART mobile app.
 
Commenting on the launch, Gaurav Gupta, Deputy Managing Director, MG Motor India, said, "We are committed to meeting our customers' expectations with products that showcase the latest in automobile technology. Keeping to this promise and as a brand celebrating its centenary this year, the Astor 2024 line-up offers a combination of features, design, and great value propositions which delight car buyers."
 
MG Astor is the first SUV in India to get a personal AI assistant and 14 Autonomous Level 2 features powered by mid-range radars and a multi-purpose camera that can realise a series of advanced driver-assistance systems (ADAS) features. MG Astor comes with 49 Top End Safety features, and the premium interiors and panoramic sunroof elevate the driving experience to a new level of comfort. The new MG Astor 2024 will be available with 1.5 L MT and CVT and 1.3 Turbo AT powertrains.
 
MG Motor has always taken pride in keeping the customer at the heart of its operations, consistently delivering on its promise of value, service, and a hassle-free ownership experience. Continuing with its centenary year celebrations, the company is taking customer centricity a notch higher by introducing more exciting, more advanced and more tech-loaded product offerings across its portfolio and through attractive service propositions as well as unique brand experiences.

*T&C apply.
Business Wire India

  • The company has rolled out 2,00,000 cars from the state in the last five years, created 6000 direct and indirect jobs and continues to contribute to the state's economy.
  • Showcases MG ZS, India's first all-electric internet EV SUV, and MG Comet -- the Smart electric vehicle that has set new standards for urban mobility.
  • 37 percent gender diversity within workforce, on target to achieve 50 percent diversity.
  • Employment generation by manufacturer for over 3,000 people.
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MG (Morris Garages), a British automobile brand with a 100-year-old legacy, underscored its commitment to the state of Gujarat as it showcased its EV portfolio at the Vibrant Gujarat Global Summit 2024. The second-largest EV seller in the passenger vehicle segment in the country, MG's reiteration of its strong commitment to the sector, and the steps it has taken to boost the EV ecosystem in the country find resonance with the summit's theme of 'Electric Mobility'.

As a significant contributor to the state's economy, MG has invested INR 7,000 crore in Gujarat, rolling out over 2,00,000 cars from its manufacturing plant in Halol, Gujarat. As part of its continued focus on the state, the company also aims to enhance localization, introduce more skilling initiatives, and boost its production capacity. In addition, MG is also exploring local manufacturing of EV components, establishing a battery assembly unit in the state, and cell manufacturing and hydrogen fuel-cell technology deployments, through joint ventures and third-party collaborations.

Mr. Rajeev Chaba, CEO Emeritus, MG Motor India, said, "We are delighted to be part of the Vibrant Gujarat Summit 2024, reaffirming our strong relationship with this great state. Grounded in MG's century-old tradition of innovation, our commitment to building future-proof technology remains steadfast. Gujarat's business-friendly environment and pioneering policies have made it a compelling destination for our investments, particularly in electric vehicles (EVs). Our EV portfolio contributes to 25 percent of our overall sales, and these are all proudly manufactured at our Halol plant in Gujarat. Our successful journey in the state reflects a shared commitment to progress. Looking ahead, we eagerly anticipate the continued deepening of our relationship with Gujarat in the years to come."

As an early mover in the EV space, MG has been focusing on developing both product offerings and the larger ecosystem. Alongside its products and customer programmes, the company has created a robust EV environment with its 6-way charging infrastructure and installed more than 15,000 charging touchpoints, including public and home chargers, nationwide. The company is also working with its many partners to set up EV charging infrastructure and for battery recycling, reuse, and life extension.

MG Motor India envisions a future where electric vehicles play a pivotal role in shaping the automotive landscape, and is committed to leading this charge with innovation, quality, and a customer-centric approach.
Business Wire India

Krypton India, a leading event management company, has successfully concluded the 2nd Edition BFSI Leadership Awards 2024 on January 12, 2024, at Radisson Blu Mumbai. The event, powered by RazorpayX, brought together prominent leaders and experts from the Banking, Financial Services, and Insurance (BFSI) sector to recognize and celebrate excellence in various categories.

Highlights of the 2nd Edition BFSI Leadership Awards 2024:
 
  • Recognition of Excellence: The 2nd Edition BFSI Leadership Awards 2024 recognized outstanding companies and individuals in various categories.
  • The 2nd Edition BFSI Leadership Awards 2024 witnessed the esteemed presence of Mr. Sumnesh Joshi, Deputy Director General (Joint Secretary Level), Ministry of Communications (Govt of India), as the Guest of Honor. Mr. Joshi delivered a keynote address on "Transformation in service delivery using DPIs". Additionally, Dr. Tarun Agarwal, Director, National Insurance Academy, and Mahesh Thakkar, Director General, FIDC, served as Chief Guests and delivered keynote addresses on "BFSI Horizons: Navigating the Digital Era" and "Self-Governance for BFSI Sector" respectively.
  • Networking Opportunities: One of the highlights of the 2nd Edition BFSI Leadership Awards 2024 was the unparalleled networking opportunities it offered. Attendees had the chance to connect with peers, share experiences, and explore potential avenues for future cooperation.
  • Insightful Presentations: The event featured thought-provoking presentations by industry luminaries. Distinguished speakers like, Mr. Mohit Khurana – CTO, ACE - India, Mr. Ayush Bansal - Vice President, General Manager, RazorpayX, Mr. Mohar V - CEO & Co-Founder, TECHVED Consulting shared their expertise, trends, and insights that are shaping the BFSI sector's future. The presentations ignited discussions on challenges, opportunities, and the latest developments within the industry.
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The success of the 2nd BFSI Leadership Awards 2024 owes much to the invaluable support of their esteemed sponsors: RazorpayX, TechPartner, TECHVED Consulting, Parahit Technologies, Cloud Ace India, FIDC India and SK Finance. Krypton India extends heartfelt gratitude for their generous backing and steadfast commitment to advancing excellence within the BFSI sector. Their contributions were instrumental in ensuring the event's resounding success.

Congratulations to Award Winners: The event also recognized outstanding achievements in various categories, with congratulations extended to all award winners, including:
 
  • Excellence in Customer Experience Enhancement - IndiaFirst Life Insurance Company
  • Best use of AI (Life Insurance) - Aegon Life Insurance
  • CEO of the Year (General Insurance) - Mr. H. O. Suri (IFFCO-Tokio General Insurance Company Limited)
  • Best Use of AI (General Insurance) - Tata AIG General Insurance Company Limited
  • Technology Champion of the Year (General Insurance) - Go Digit General Insurance
  • Best Customer Centric Initiative (Life Insurance) - Spectrum Insurance Broking (P) Limited
  • Best Use of Technology in Customer Service (General Insurance) - Magma HDI General Insurance Company
  • Best Digital Awareness Campaign - IFFCO-Tokio General Insurance Company Limited
  • Best Brand Building Campaign (General Insurance) - Go Digit General Insurance
  • Best Digitization in Customer Experience – Banking - The Karur Vysya Bank ltd
  • Rising star CIO of the Year (Banking) - Harikrishnan S (The Karur Vysya Bank ltd)
  • Fraud Detection & Prevention Initiative of the Year - Aditya Birla Health Insurance Co. Limited
  • Best Use of Technology in Customer Service – NBFC - Dvara KGFS
  • Best Use of Data & Analytics – Fintech - Inditrade Microfinance Limited
  • Best Use of AI - Mutual Fund - Kotak Mahindra Asset Management Company
  • Best Digital Transformation Initiative - Stock Broking - IIFL Securities
  • Best Digitization in Customer Experience - Stock Broking - ICICIdirect app by ICICI Securities
  • Best Use of AI – Fintech - LoanTap Financial Technologies Private Limited
  • Best Sustainable Innovation – Fintech - CredAble
  • Best Corporate Strategy – Fintech - Fintree Finance Pvt Ltd
  • Fastest Growing Fintech Company of the Year - RING
  • Best Digitization in Customer Experience – NBFC - Mahindra Finance
  • NBFC Leader of the Year - Sivakumar Nandipati (Fedbank Financial Service)
  • CX Leader of the Year – Stock Broking - Dharmender Narang (IIFL Securities)
  • CDO of the Year – Fintech - Kanika Garg (Tata Motors Finance)
  • Pioneer in Education Lending for the Year 2024 - Avanse Financial Services Limited
  • Rising Star Fintech Company of the Year - Easiloan
  • Best Insurance Fraud Risk Mitigation Team of the Year, FY 2024 - ICICI Lombard General Insurance Pvt Ltd
  • Best Use of AI/ ML Models in Insurance Fraud Detection - ICICI Lombard General Insurance Pvt Ltd
  • Best Women CX Leader of the Year - Neelakshi Shalla (Bharti AXA Life Insurance)
  • Best Claim Service Leader of the Year - ManipalCigna Health Insurance Company Ltd
  • CFO of the Year – NBFC - SK Finance Limited
  • Chief Compliance Officer of the Year – NBFC - SK Finance Limited
  • Best Digital Transformation Initiative – NBFC - SK Finance Limited
  • Fintech Startup of the Year - Moneyday
  • Emerging Fintech Startup of the Year - Wedzy
  • CEO of the Year - Ruchi Mathur (AspiringStartup)
  • TOP Visionary Digital/Technology Leaders of the Year - Prashant Deshpande (Shriram Finance)
  • TOP Visionary Digital/Technology Leaders of the Year - Rajiv Malhan (Aditya Birla Capital)
  • TOP Visionary Digital/Technology Leaders of the Year - Shrikant Iyer (Aditya Birla Health Insurance)
  • TOP Visionary Digital/Technology Leaders of the Year - Vishal Bhatia (Canara Bank)
  • TOP Visionary Digital/Technology Leaders of the Year - Prateek Mishra (HDFC Credila Financial Services Limited)
  • TOP Visionary Digital/Technology Leaders of the Year - Ankur Varshney (SBI Payment Services Pvt. Ltd. )
  • TOP Visionary Digital/Technology Leaders of the Year - Ratan Jyoti (Ujjivan Small Finance Bank)
  • UX Innovation Excellence Award - TECHVED Consulting
  • Rising Star Company Of The Year - Accelerated Computing Enterprise Pvt. Ltd (Globally known as Cloud Ace)
  • CX Technology Integration Excellence - Parahit Technologies
  • TOP Visionary Digital/Technology Leaders of the Year - Kalpesh Doshi (HDFC Life)
  • TOP Visionary Digital/Technology Leaders of the Year - Ravi Kumar (CDSL - Central Depositary Services India)
  • Best Digital Transformation Advisor to BFSI & FinTech - Techpartner Alliance Pvt. Ltd
  • TOP Visionary Digital/Technology Leaders of the Year - Basil Dange
  • Most Innovative Digital Leader of the Year- Mohar V (TECHVED Consulting)
  • Best Use of Public Relations - General Insurance - HDFC Ergo General Insurance
  • TOP Visionary Digital/Technology Leaders of the Year - Nitin Nimbalkar (SMFG India)
  • TOP Visionary Digital/Technology Leaders of the Year - Hardit Lamba (Unity Small Finance Bank)
  • Fastest Retail Loan Approval Banking Excellence - ESAF Small Finance Bank
  • TOP Visionary Digital/Technology Leaders of the Year - Pranav Paranjpe (Unity Small Finance Bank)

​The success of the 2nd BFSI Leadership Awards 2024 reflects the dedication and hard work of all those involved, from the organizing committee, participants, and award winners to the esteemed panel speakers, who lent their expertise to the insightful discussions that took place during the event. It serves as a testament to the resilience and innovation that define the BFSI sector.
Business Wire India

Vervotech, a top accommodation data management company, is proud to announce the establishment of a new office in Dawadi, Rajgurunagar Village. The move comes after the company recently shifted its headquarters to a brand-new state-of-the-art office at Amar Tech Centre, Viman Nagar, Pune.
 
The strategic initiative aims to address location barriers for talented individuals beyond metros by creating equitable employment opportunities.
 
This decision aligns with Vervotech's commitment to Corporate Social Responsibility (CSR) initiatives. The company recognizes the transformative potential it holds in contributing to the growth and well-being of communities in villages. The regional office in Dawadi is opened to ensure that local youths are not kept void of accessing quality jobs due to geographical constraints.
 
Sanjay Ghare, CEO of Vervotech, expressed his excitement about the venture, stating, "At Vervotech, we actively promote inclusivity both internally and externally. Setting up an office in Dawadi aligns with our values to keep pushing our limits to create impact within and outside the organization; with this step, we aim to bring the benefits of corporate culture and technology to even the remotest corners."
 
The company plans to expand these initiatives in the coming years, reinforcing its dedication to making a meaningful and lasting impact on the technological landscape and the lives of the communities it engages with. 
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