Wednesday, 4 December 2019

TTK Prestige launches range of pressure cookers


PUNE: TTK Prestige, kitchen appliance brand, today unveiled plans for 2020, aimed at increasing market share across geographies and getting back to double digit growth in mature categories like pressure cookers.

At a press conference, TTK Prestige Chairman, T.T Jagannathan outlined plans whereby the brand will expand its distribution and launch a series of products in kitchen appliances and cleaning solutions. Currently, TTK Prestige is the leader in the pressure cooker market, with a significant market share across India.

TTK Prestige also launched ‘Svachh’ an innovative range of pressure cookers that is the first ‘no mess’ pressure cooker in India. The pressure cooker is design registered and a patent has been applied for. The lid of the Svachh pressure cooker was developed after extensive research across markets and is especially designed to control any spillage and ensures that the froth stays on the lid, whilst retaining flavor and preserving nutrition.  

This addresses a massive pain point for every home cook of having to clean a messy kitchen platform and reducing the amount of time that one spends in the kitchen. The Svachh pressure cooker, which can be used on both induction and gas stoves, is available in aluminum, stainless steel and hard anodized in varying sizes. The Svachh pressure cooker retails from INR 1325 onwards and is available in all Prestige Xclusive stores and leading dealer outlets.

T T Jagannathan, Chairman, TTK Group said, “TTK Prestige has the legacy of being present practically in every Indian home. We are committed to growing our presence and aim to be the number 1 best-selling range for consumers in India. As market leaders in the pressure cooker category, we endeavor to increase our share in the kitchen appliance space too.’’

Monday, 2 December 2019

LPF awards scholarships to 590 new girls


PUNE: In the recently concluded 24th award function in Pune, Lila Poonawalla Foundation (LPF) awarded grant scholarships for undergraduate and postgraduate courses.These scholarships are given to meritorious and financially challenged girls in Pune district.

Two grand celebrations were held in a single day where 590 girls were felicitated with the scholarship awards in various streams like Bachelor's in Engineering, Engineering after Diploma, Nursing, Pharmacy, Science and Post-Graduation. Both the functions had distinguished personalities as chief guests and two Lila fellow alumni as guest of honour.

Since its inception 24 years ago, LPF has supported and empowered over 9300 girls. 
On this occasion, Padma Shri Lila Poonawalla, Chairperson of LPF, began her inaugural message by conveying to the audience about the importance of educating their daughters. She emphasized the purpose of education is to convert mirrors into the windows and windows into the doors. This would allow the girls to not only look internally but also would make them look outside horizons, go out and conquer the world.

She thanked the corporate partners and donors for their continuous support over the years and for believing in the mission of LPF.  Chief Guest for morning session, Piroja Mehta, Advisory Board Member – IIMPACT, Financial Analyst & Consultant praised the parents of the girls who have encouraged and supported their children despite the hardships at home. She further spoke about the ripple effect, a working girl can create within her family, the society she lives in and the country at large.

Chief Guest for the afternoon session Giovanni Valent, VP – Holding & MD, Atlas Copco (India) Ltd., a long-standing partner of LPF, spoke about the importance of taking relevant steps to ensure that Corporate Partners Should not just limit themselves to providing financial assistance, but also they should organize training workshops and mentor these girls, that play a crucial role in their development and enhance their employability skills.

Guests of Honor for the occasion Dr. Rajani Panchang, Recipient LPF PG Scholarship in - 2000, DST SERB Scientist & Assistant Professor at SPPU and Aparna Dharma, Recipient LPF PG scholarship in - 1999, Entrepreneur, spoke in unison about the importance of education for all, and the role that LPF played, in their academic growth. They also spoke to the girls about their life, pre and post LPF and how the Training Programs helped them.

Sunday, 1 December 2019

Tata Motors launches first Altroz from Pune plant

Tata Motors MD and CEO Guenter Butschek


PUNE: The Altroz promises to redefine the category and set the Gold Standard of hatchbacks with its futuristic design, advanced platform, thrilling performance and smart technology. Tata Motors has rolled out the first unit of Altroz from its plant in Pune.

With this, the company is all set for the launch of the highly anticipated, premium hatchback in Jan 2020. The Altroz is the second vehicle designed under the Impact design 2.0 language and first one to be developed on the new Alfa architecture. The Altroz promises to redefine the category and set the Gold Standard of hatchbacks with its futuristic design, advanced platform, thrilling performance and smart technology.

Commenting on the roll-out, Mayank Pareek, president, passenger vehicle business unit (PVBU), Tata Motors said, “We are thrilled to roll-out yet another class defining product from the plant today. The Altroz is our first product that will be launched on the all-new Alfa platform and we believe that it will raise the bar for vehicles across the premium hatchback segment, come 2020. Since the unveiling of the concept in 2018, the anticipation for Altroz has always been high. We hope that customers will appreciate the new futuristic design with host of smart features, many of which are one segment above.”

Tata Motors first showcased the 45X concept at the Auto Expo in February 2018, followed by a display at the Geneva International Motor Show (GIMS) in March 2018. The 45X concept stunned the audience with its futuristic design and stunning profile at both the shows. Bringing concept to reality, Tata Motors unveiled the Altroz to the world at GIMS in March 2019. The excitement around the product is overwhelming and grows by the day.

RBL launches digital loans for shopkeepers


PUNE (MUMBAI): RBL Bank, in partnership with Wholesalebox, a B2B online mobile app based e-marketplace for garment retailers launched RBL Bank Udhaar - a short-term credit facility for working capital requirements of the retail shopkeepers. It’s a first of its kind digital lending product allowing retailers to breathe easy, without worrying about the lengthy paperwork for availing credit.

The product facilitates instant remittance to partners accompanied with fastest checkout for retailers, taking the speed of buying process to the next level. The Bank will extend ‘RBL Bank Udhaar’ to a base of over 25,000 retailers through Wholesalebox’s mobile app and website with real-time loan disbursement of upto Rs. 3 Lakh to each retailer. It will also be available and accessible to shops across 5,000 pin codes where Wholesalebox has its network.

Speaking on the launch, Harjeet Toor, Head – Retail, Inclusion and Rural Business, RBL Bank, said “We are enthused by the launch of RBL Bank Udhaar and look forward to enable retailers to expand and grow their businesses substantially by availing the Bank’s instant loan facility. The B2B e-marketplace is witnessing phenomenal growth and we aim to tap this largely untapped platform with the help of our key partner Wholesalebox.”

Rohit Dangayach - CEO & Co-Founder, Wholesalebox added, “Access to finance is one of the major challenges faced by retailers and small businesses. This partnership with RBL Bank will enable us to fill that gap. We are sure that the retailers will benefit substantially through this association. The Bank’s focused approach towards technology in providing quick and easy access to capital should certainly encourage more retailers to join the platform. We look forward to provide more such value added services to our users.”