#csr activities bengaluru

[trinitycarefoundation]

NCDs Program

Cardiovascular diseases (CVDs) have now become the leading cause of mortality in India. The sustainable development goals set by the United Nations in 2015 call for a one-third reduction in premature mortality from non-communicable diseases by 2030 under one of its targets. These include cardiovascular diseases (CVD), chronic respiratory illnesses, cancer, oral health and diabetes. According to…

[charcha-equity]

How Scholarships Are Shaping a Brighter Future for Students

Education is the key to a successful future, but financial limitations often hinder students from achieving their academic goals. Thankfully, several organizations have stepped up to support students through scholarships, ensuring that deserving candidates can continue their education without the burden of financial strain. Below, we explore some notable scholarship initiatives that have made a positive impact across India.

Dr. Ambedkar Vidya Jyothi Scholarships by Canara Bank

One of the significant efforts this year was by Canara Bank, which organized the Dr. Ambedkar Vidya Jyothi Scholarship event in Udupi. The event took place at the Syndicate Bank Golden Jubilee Auditorium and was graced by Udupi City Municipality Commissioner Rayappa. Scholarships ranging from Rs 3,000 to Rs 5,000 were given to students in grades 5 to 10, helping those from marginalized communities. The initiative was also notable for providing scholarships to 40 female students, promoting gender inclusivity in education.

Also Read: Championing Education: Initiatives Empowering Students in 2024

Bengaluru’s Initiative by Akshaya Patra and Dr. Majeed Foundation

In Bengaluru, a successful collaboration between the Akshaya Patra Foundation and Dr. Majeed Foundation resulted in a scholarship program that pledged over INR 25 lakh. Held at the ISKCON Campus’s MVT Hall, the program aimed to support 130 students from economically disadvantaged backgrounds. The initiative offered scholarships to both 11th and 12th-grade students, as well as undergraduates, allowing them to continue their studies with a sense of financial security.

Annual CSR Effort by SCM Garments in Tirupur  

SCM Garments, based in Tirupur, has been consistent with its annual scholarship drive. This year, the company distributed Rs 1 crore to 4,971 students. The initiative was focused on supporting students from government schools, diploma programs, and degree courses. Tirupur Corporation Commissioner Pawankumar G. Kariyapavanar encouraged students to excel academically, reminding them that education is the pathway to success. This support especially benefitted the children of SCM Garments workers, showing the company’s commitment to its community.

Also Read: Embracing India's Rich Culture Through Active Participation

Pune’s RMD Foundation and Its Continued Support for Education

On the birth anniversary of Rasiklal Dhariwal, the RMD Foundation held its annual scholarship distribution event in Pune. Scholarships were awarded to over 12,000 students, with a particular focus on those pursuing medical education. Vice President Shobhatai R. Dhariwal highlighted the impact of these scholarships, noting how they have enabled many students to continue their academic journey without financial hindrance, fostering a culture of educational excellence.

Joint Effort by MVPM and Abhay Bhutada Foundation  

The Maheshwari Vidya Pracharak Mandal (MVPM) and the Abhay Bhutada Foundation collaborated this year to distribute scholarships in Pune. The event was attended by Abhay Bhutada, who is the founder and chairman of the Abhay Bhutada Foundation. Scholarships of INR 1 lakh were awarded to ten students for their academic achievements, while 15 students from underprivileged backgrounds were also given the same amount. This initiative showcased the importance of providing support for both merit-based and need-based students, helping them to achieve their educational aspirations.

Also Read: Abhay Bhutada's Dedication to Helping Students Through Scholarships and STEM Kits

Conclusion 

The efforts of organizations like Canara Bank, Akshaya Patra, SCM Garments, RMD Foundation, and the Abhay Bhutada Foundation serve as a testament to the power of collective action in education. By providing scholarships, they are not just helping students financially but also encouraging them to strive for excellence. It’s a step towards creating a more educated, capable, and empowered generation, one scholarship at a time.

[ambrosiagalaxy]

Ratan Tata: A Visionary Leader's Contribution to Indian Infrastructure and Real Estate

Ratan Tata is a name synonymous with leadership, innovation, and the growth of India's infrastructure and real estate sector. As the former chairman of Tata Sons, Ratan Tata has left an indelible mark on the country’s development, turning Tata Group into a global conglomerate and driving transformative projects that shaped modern India. This article delves into his contributions to Indian infrastructure, real estate, and how his vision continues to inspire the industry today.

1. Ratan Tata's Vision for India's Growth

Visionary Leadership: Ratan Tata's approach has always been forward-thinking, focusing on long-term investments that promote sustainable development in India. His leadership emphasized building a strong foundation for the future, making Tata Group a leader in various sectors, including steel, automotive, and real estate.

Contribution to Infrastructure Development: From Tata Steel's robust infrastructure to Tata Motors' role in revolutionizing the automotive industry, Ratan Tata's influence has extended far and wide. His efforts have paved the way for India's rapid urbanization, supporting key infrastructure projects that fuel the nation's economic growth.

2. Impact on Indian Real Estate

Tata Housing's Role in Urbanization: Ratan Tata’s tenure saw the launch of Tata Housing, which aimed to provide high-quality, affordable housing to meet India's growing urban population. This initiative has transformed urban landscapes across cities like Mumbai, Delhi, and Bengaluru, making homeownership more accessible.

Promoting Sustainable Real Estate: Under Ratan Tata’s guidance, Tata Housing emphasized sustainable construction practices, creating green buildings and energy-efficient homes. This focus on sustainability aligns with global trends towards eco-friendly living, setting benchmarks in the real estate industry.

Luxury Real Estate Projects: Tata Group has also ventured into luxury real estate, catering to high-net-worth individuals looking for premium housing options. The developments like Tata Primanti and Tata Tritvam are known for their architectural excellence, modern amenities, and prime locations.

3. Key Contributions to Infrastructure Projects

Tata Projects and Infrastructure Development: Ratan Tata has been instrumental in the growth of Tata Projects, which has executed several large-scale infrastructure projects in India, including metro rail systems, highways, and power plants. These projects have significantly enhanced connectivity and accessibility, contributing to India's overall economic progress.

Innovation in Real Estate Financing: Ratan Tata's vision extended to innovative financing methods in the real estate sector. Tata Housing and Tata Capital have developed financial solutions that make property ownership easier for individuals and businesses, thus driving growth in the real estate market.

4. The Legacy of Ratan Tata in Indian Real Estate

A Role Model for Real Estate Entrepreneurs: Ratan Tata's leadership serves as an inspiration for emerging entrepreneurs in the real estate sector. His emphasis on ethical practices, customer satisfaction, and long-term growth resonates with business leaders who aspire to shape the future of Indian real estate.

Focus on Affordable Housing: One of Ratan Tata’s significant contributions is the focus on affordable housing, which aligns with the Indian government's vision of 'Housing for All.' Projects like Tata Nano Housing aimed at delivering low-cost housing solutions to meet the needs of India’s middle-class population.

Corporate Social Responsibility (CSR) Initiatives: Ratan Tata has always prioritized social responsibility, and this ethos is evident in Tata Group's real estate initiatives. Tata Housing has been involved in various CSR activities, including slum redevelopment projects and providing community housing for underprivileged sections of society.

5. Future Outlook: Continuing Ratan Tata’s Vision

The Tata Group’s Continued Commitment: Even after Ratan Tata’s retirement, Tata Group continues to pursue his vision of building a better India through investments in infrastructure and real estate. The company’s ongoing projects in urban development, green buildings, and digital infrastructure reflect Ratan Tata’s values.

Inspiring the Next Generation: Ratan Tata’s legacy inspires young leaders to embrace innovation, sustainability, and a customer-centric approach in the real estate industry. His influence on India's infrastructure and real estate is a testament to the power of visionary leadership.

Ratan Tata’s contributions to Indian infrastructure and real estate are immense and continue to shape the nation's development. His focus on sustainable growth, affordable housing, and large-scale infrastructure projects has made a lasting impact, positioning India as a global player in these industries. As we look to the future, Ratan Tata’s legacy remains a guiding light for India's progress, ensuring that his vision for a better India endures.

[quiklyz]

Quiklyz Now Available in 5 More Cities for Vehicle Leasing and Subscriptions

Quiklyz extends vehicle leasing and subscription services

to 5 additional cities

Vehicles from leading OEMs including Mahindra, Maruti Suzuki, Hyundai, Tata Motors, Kia and other OEMs on offer

Attractive schemes both for personal and corporate customers

Quiklyz now spreads across 13 cities, pan India

Mumbai, 3rd March 2022: Quiklyz, the vehicle leasing and subscription platform of Mahindra & Mahindra Financial Services (Mahindra Finance/ MMFSL), today announced expansion of its services in 5 additional cities. With this announcement, Quiklyz will be now available across 13 cities pan India.

The cities in which Quiklyz have started the service include Ahmedabad, Kolkata, Manesar, Faridabad and Ghaziabad. The company is planning to expand its presence in 30 cities over the next 3 months. Quiklyz earlier had launched its services in 8 metro cities including Bengaluru, Chennai, Delhi, Gurugram, Hyderabad, Mumbai, Noida, and Pune in November 2021.

Speaking on expansion in new geographies, Turra Mohammed, SVP & Business Head – Quiklyz commented. "We have seen very good traction since our launch both with our Retail subscription product through Quiklyz.com and our Corporate lease products. With shift in consumer mindset and more openness towards flexible vehicle ownership models, we are very excited to rapidly take Quiklyz across many more cities”.

‘Quiklyz’, a new-age digital platform aims to provide great convenience, flexibility and choice to customers across geographies. The company offers hassle free access to vehicle to its customers. . Quiklyz will be available to both retail and corporate customers. Under the corporate segment, it aims to offer services to and fleet operators, while in the retail segment the company will offer services to a wide range of customers, especially millennial mindset salaried and self-employed individuals.

Quiklyz currently has largest portfolio of electric vehicles (EVs) on its leasing and car subscription platform. The vehicles from leading OEMs including Mahindra, Tata Motors, Mercedes-Benz, MG, Audi, and Jaguar will be on offer for customers. Quiklyz’s value proposition for its customers include zero down payment schemes, range of subscription tenure options, only one fixed monthly fee, white number plate and RC in customer’s name, no resale or maintenance hassle, and more.

The customers can access various offerings and book their dream vehicle on Quiklyz.com. The website will facilitate extremely simple vehicle booking and delivery journey for the customer. Additionally, customers can also reach out to Quiklyz over email at quiklyz.service@mahindra.com or call 1800-209-7845 for support.

About Mahindra & Mahindra Financial Services Limited 

Mahindra & Mahindra Financial Services Limited (Mahindra Finance), part of the Mahindra Group, is one of India’s leading non-banking finance companies. Focused on the rural and semi-urban sector, the Company has over 7.3 Million customers and has an AUM of over USD 11 Billion. The Company is a leading vehicle and tractor financier, provides loans to SMEs and also offers fixed deposits. The Company has 1,388 offices and reaches out to customers spread over 3,80,000 villages and 7,000 towns across the country. 

Mahindra Finance has been ranked 54th among India’s Best Companies to Work 2021 by Great Place to Work Institute.

Mahindra Insurance Brokers Limited (MIBL), the Company's Insurance Broking subsidiary is a licensed Composite Broker providing Direct and Reinsurance broking services. 

Mahindra Rural Housing Finance Limited (MRHFL) a subsidiary of Mahindra Finance provides loans for purchase, renovation, construction of houses to individuals in the rural and semi-urban areas of the country. 

Mahindra Finance CSR Foundation is a wholly-owned subsidiary company, under the provisions of section 8 of the Companies Act, 2013 for undertaking the CSR activities of the Company and its subsidiaries. 

Mahindra Manulife Investment Management Private Limited (formerly known as Mahindra Asset Management Company Private Limited) acts as the Investment Manager of Mahindra Manulife Mutual Fund (formerly known as Mahindra Mutual Fund). On 29th April, 2020 Mahindra Finance divested 49% stake in its wholly-owned subsidiary, Mahindra Manulife Investment Management Private Limited to Manulife Investment Management (Singapore) Pte. Ltd., to form a 51:49 joint venture. 

Mahindra Manulife Trustee Private Limited (MMTPL), (formerly known as Mahindra Trustee Company Private Limited) acts as a Trustee to Mahindra Manulife Mutual Fund (formerly known as Mahindra Mutual Fund). On 29th April, 2020 Mahindra Finance divested 49% stake in its wholly-owned subsidiary, Mahindra Manulife Trustee Private Limited to Manulife Investment Management (Singapore) Pte. Ltd. to form a 51:49 joint venture.

The Company has a Joint Venture in the US, Mahindra Finance USA LLC, in partnership with De Lage Landen, a subsidiary of Rabo Bank, for financing Mahindra vehicles in the US. 

Ideal Finance Limited (Ideal Finance) is a subsidiary of the Company in Sri Lanka, in which the Company owns 58.2% stake. Ideal Finance focuses on providing a diversified suite of financial services to the Sri Lankan market. 

Learn more about Mahindra Finance on www.mahindrafinance.com / Twitter and Facebook: @MahindraFin

About Mahindra

Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.  

The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.

Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room

[arvindsingh002]

Tree Plantation for In Bangalore

Tree Plantation Initiatives in Bangalore: A Green Step Towards Urban Sustainability

Bangalore, often hailed as the "Garden City" of India, is renowned for its lush landscapes and verdant public spaces. However, with rapid urbanization, the city faces significant environmental challenges, including air pollution and rising temperatures. To combat these issues, several tree plantation initiatives have been launched to preserve and enhance Bangalore's green cover. Here’s a look at how tree planting efforts are shaping a greener future for Bangalore and how you can get involved.

Importance of Tree Plantation in Bangalore

Tree planting in Bangalore serves multiple environmental and social functions. Trees help moderate urban climates, improve air quality by filtering pollutants, reduce the urban heat island effect, and provide habitat for various species. Moreover, they contribute to the mental and physical well-being of the city's residents, creating more serene and attractive environments.

Key Tree Plantation Initiatives in Bangalore

BBMP (Bruhat Bengaluru Mahanagara Palike) Tree Planting Drive: The local municipal corporation frequently organizes tree plantation drives. These are often conducted in collaboration with local NGOs and community groups, focusing on increasing the city's green belts. Residents can participate in these initiatives by volunteering during planting drives or by providing spaces like private gardens and terraces for plantation.

SayTrees Environmental Trust: SayTrees is a prominent NGO dedicated to protecting and creating green spaces in and around Bangalore. They organize multiple tree planting events throughout the year and collaborate with corporates, schools, colleges, and other institutions. This NGO not only plants trees but also ensures their survival and growth through regular maintenance and monitoring.

Project Vruksha Foundation: This foundation is focused on creating an inventory of trees to protect and manage the urban forest. Their work includes not only plantation but also documenting the health and status of existing trees, which helps in conservation and policy-making efforts.

How to Get Involved

Volunteer for Plantation Drives: Volunteering for local tree plantation drives is a direct way to contribute to greening your community. Organizations like SayTrees and BBMP's initiatives often seek volunteers for various activities ranging from planting to maintenance.

Donate to Tree Plantation NGOs: Financial contributions can aid the sustenance and expansion of plantation activities. Donations are used for buying saplings, tools, and other materials needed for tree planting and maintenance.

Educate and Advocate: Awareness is key to the success of any environmental initiative. Educating your peers about the benefits of tree planting and advocating for support from local businesses and authorities can amplify the impact of tree plantation efforts.

Corporate Social Responsibility (CSR) Initiatives: Companies in Bangalore can incorporate tree plantation into their CSR activities. This not only aids the environment but also boosts company morale and creates team-building opportunities.

Conclusion

Tree plantation is essential for maintaining Bangalore’s status as a garden city amidst its rapid urbanization. By getting involved in local tree planting initiatives, residents can contribute significantly to making the city a healthier, greener place to live. Whether it’s through volunteering, donating, or educating, every small step can lead to sustainable urban development. Let’s join hands this planting season to deepen our roots and green our beloved city, Bangalore.

[qwertydded]

Quiklyz extends vehicle leasing and subscription services to 5 additional cities

Vehicles from leading OEMs including Mahindra, Maruti Suzuki, Hyundai, Tata Motors, Kia and other OEMs on offer

Attractive schemes both for personal and corporate customers

Quiklyz now spreads across 13 cities, pan India

Mumbai, 3rd March 2022: Quiklyz, the vehicle leasing and subscription platform of Mahindra & Mahindra Financial Services (Mahindra Finance/ MMFSL), today announced expansion of its services in 5 additional cities. With this announcement, Quiklyz will be now available across 13 cities pan India.

The cities in which Quiklyz have started the service include Ahmedabad, Kolkata, Manesar, Faridabad and Ghaziabad. The company is planning to expand its presence in 30 cities over the next 3 months. Quiklyz earlier had launched its services in 8 metro cities including Bengaluru, Chennai, Delhi, Gurugram, Hyderabad, Mumbai, Noida, and Pune in November 2021.

Speaking on expansion in new geographies, Turra Mohammed, SVP & Business Head – Quiklyz commented. "We have seen very good traction since our launch both with our Retail subscription product through Quiklyz.com and our Corporate lease products. With shift in consumer mindset and more openness towards flexible vehicle ownership models, we are very excited to rapidly take Quiklyz across many more cities”.

‘Quiklyz’, a new-age digital platform aims to provide great convenience, flexibility and choice to customers across geographies. The company offers hassle free access to vehicle to its customers. . Quiklyz will be available to both retail and corporate customers. Under the corporate segment, it aims to offer services to and fleet operators, while in the retail segment the company will offer services to a wide range of customers, especially millennial mindset salaried and self-employed individuals.

Quiklyz currently has largest portfolio of electric vehicles (EVs) on its leasing and car subscription platform. The vehicles from leading OEMs including Mahindra, Tata Motors, Mercedes-Benz, MG, Audi, and Jaguar will be on offer for customers. Quiklyz’s value proposition for its customers include zero down payment schemes, range of subscription tenure options, only one fixed monthly fee, white number plate and RC in customer’s name, no resale or maintenance hassle, and more.

The customers can access various offerings and book their dream vehicle on Quiklyz.com. The website will facilitate extremely simple vehicle booking and delivery journey for the customer. Additionally, customers can also reach out to Quiklyz over email at quiklyz.service@mahindra.com or call 1800-209-7845 for support.

About Mahindra & Mahindra Financial Services Limited 

Mahindra & Mahindra Financial Services Limited (Mahindra Finance), part of the Mahindra Group, is one of India’s leading non-banking finance companies. Focused on the rural and semi-urban sector, the Company has over 7.3 Million customers and has an AUM of over USD 11 Billion. The Company is a leading vehicle and tractor financier, provides loans to SMEs and also offers fixed deposits. The Company has 1,388 offices and reaches out to customers spread over 3,80,000 villages and 7,000 towns across the country. 

Mahindra Finance has been ranked 54th among India’s Best Companies to Work 2021 by Great Place to Work Institute.

Mahindra Insurance Brokers Limited (MIBL), the Company's Insurance Broking subsidiary is a licensed Composite Broker providing Direct and Reinsurance broking services. 

Mahindra Rural Housing Finance Limited (MRHFL) a subsidiary of Mahindra Finance provides loans for purchase, renovation, construction of houses to individuals in the rural and semi-urban areas of the country. 

Mahindra Finance CSR Foundation is a wholly-owned subsidiary company, under the provisions of section 8 of the Companies Act, 2013 for undertaking the CSR activities of the Company and its subsidiaries. 

Mahindra Manulife Investment Management Private Limited (formerly known as Mahindra Asset Management Company Private Limited) acts as the Investment Manager of Mahindra Manulife Mutual Fund (formerly known as Mahindra Mutual Fund). On 29th April, 2020 Mahindra Finance divested 49% stake in its wholly-owned subsidiary, Mahindra Manulife Investment Management Private Limited to Manulife Investment Management (Singapore) Pte. Ltd., to form a 51:49 joint venture. 

Mahindra Manulife Trustee Private Limited (MMTPL), (formerly known as Mahindra Trustee Company Private Limited) acts as a Trustee to Mahindra Manulife Mutual Fund (formerly known as Mahindra Mutual Fund). On 29th April, 2020 Mahindra Finance divested 49% stake in its wholly-owned subsidiary, Mahindra Manulife Trustee Private Limited to Manulife Investment Management (Singapore) Pte. Ltd. to form a 51:49 joint venture.

The Company has a Joint Venture in the US, Mahindra Finance USA LLC, in partnership with De Lage Landen, a subsidiary of Rabo Bank, for financing Mahindra vehicles in the US. 

Ideal Finance Limited (Ideal Finance) is a subsidiary of the Company in Sri Lanka, in which the Company owns 58.2% stake. Ideal Finance focuses on providing a diversified suite of financial services to the Sri Lankan market. 

Learn more about Mahindra Finance on www.mahindrafinance.com / Twitter and Facebook: @MahindraFin

About Mahindra

Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.  

The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.

Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room

Media Contact: 

Mohan Nair 

Head – Communications, 

Mahindra & Mahindra Financial Services Limited 

E-mail: nair.mohan@mahindra.com

Mobile # : +91 9004012237

Rujuta Deshmukh

Manager – Communications,

Mahindra & Mahindra Financial Services Limited 

E-mail: deshmukh.rujuta@mahindra.com

Mobile # : 9930467877

[tannykokane]

Quiklyz extends vehicle leasing and subscription services

to 5 additional cities

Vehicles from leading OEMs including Mahindra, Maruti Suzuki, Hyundai, Tata Motors, Kia and other OEMs on offer

Attractive schemes both for personal and corporate customers

Quiklyz now spreads across 13 cities, pan India

Mumbai, 3rd March 2022: Quiklyz, the vehicle leasing and subscription platform of Mahindra & Mahindra Financial Services (Mahindra Finance/ MMFSL), today announced expansion of its services in 5 additional cities. With this announcement, Quiklyz will be now available across 13 cities pan India.

The cities in which Quiklyz have started the service include Ahmedabad, Kolkata, Manesar, Faridabad and Ghaziabad. The company is planning to expand its presence in 30 cities over the next 3 months. Quiklyz earlier had launched its services in 8 metro cities including Bengaluru, Chennai, Delhi, Gurugram, Hyderabad, Mumbai, Noida, and Pune in November 2021.

Speaking on expansion in new geographies, Turra Mohammed, SVP & Business Head – Quiklyz commented. "We have seen very good traction since our launch both with our Retail subscription product through Quiklyz.com and our Corporate lease products. With shift in consumer mindset and more openness towards flexible vehicle ownership models, we are very excited to rapidly take Quiklyz across many more cities”.

‘Quiklyz’, a new-age digital platform aims to provide great convenience, flexibility and choice to customers across geographies. The company offers hassle free access to vehicle to its customers. . Quiklyz will be available to both retail and corporate customers. Under the corporate segment, it aims to offer services to and fleet operators, while in the retail segment the company will offer services to a wide range of customers, especially millennial mindset salaried and self-employed individuals.

Quiklyz currently has largest portfolio of electric vehicles (EVs) on its leasing and car subscription platform. The vehicles from leading OEMs including Mahindra, Tata Motors, Mercedes-Benz, MG, Audi, and Jaguar will be on offer for customers. Quiklyz’s value proposition for its customers include zero down payment schemes, range of subscription tenure options, only one fixed monthly fee, white number plate and RC in customer’s name, no resale or maintenance hassle, and more.

The customers can access various offerings and book their dream vehicle on Quiklyz.com. The website will facilitate extremely simple vehicle booking and delivery journey for the customer. Additionally, customers can also reach out to Quiklyz over email at quiklyz.service@mahindra.com or call 1800-209-7845 for support.

About Mahindra & Mahindra Financial Services Limited 

Mahindra & Mahindra Financial Services Limited (Mahindra Finance), part of the Mahindra Group, is one of India’s leading non-banking finance companies. Focused on the rural and semi-urban sector, the Company has over 7.3 Million customers and has an AUM of over USD 11 Billion. The Company is a leading vehicle and tractor financier, provides loans to SMEs and also offers fixed deposits. The Company has 1,388 offices and reaches out to customers spread over 3,80,000 villages and 7,000 towns across the country. 

Mahindra Finance has been ranked 54th among India’s Best Companies to Work 2021 by Great Place to Work Institute.

Mahindra Insurance Brokers Limited (MIBL), the Company's Insurance Broking subsidiary is a licensed Composite Broker providing Direct and Reinsurance broking services. 

Mahindra Rural Housing Finance Limited (MRHFL) a subsidiary of Mahindra Finance provides loans for purchase, renovation, construction of houses to individuals in the rural and semi-urban areas of the country. 

Mahindra Finance CSR Foundation is a wholly-owned subsidiary company, under the provisions of section 8 of the Companies Act, 2013 for undertaking the CSR activities of the Company and its subsidiaries. 

Mahindra Manulife Investment Management Private Limited (formerly known as Mahindra Asset Management Company Private Limited) acts as the Investment Manager of Mahindra Manulife Mutual Fund (formerly known as Mahindra Mutual Fund). On 29th April, 2020 Mahindra Finance divested 49% stake in its wholly-owned subsidiary, Mahindra Manulife Investment Management Private Limited to Manulife Investment Management (Singapore) Pte. Ltd., to form a 51:49 joint venture. 

Mahindra Manulife Trustee Private Limited (MMTPL), (formerly known as Mahindra Trustee Company Private Limited) acts as a Trustee to Mahindra Manulife Mutual Fund (formerly known as Mahindra Mutual Fund). On 29th April, 2020 Mahindra Finance divested 49% stake in its wholly-owned subsidiary, Mahindra Manulife Trustee Private Limited to Manulife Investment Management (Singapore) Pte. Ltd. to form a 51:49 joint venture.

The Company has a Joint Venture in the US, Mahindra Finance USA LLC, in partnership with De Lage Landen, a subsidiary of Rabo Bank, for financing Mahindra vehicles in the US. 

Ideal Finance Limited (Ideal Finance) is a subsidiary of the Company in Sri Lanka, in which the Company owns 58.2% stake. Ideal Finance focuses on providing a diversified suite of financial services to the Sri Lankan market. 

Learn more about Mahindra Finance on www.mahindrafinance.com / Twitter and Facebook: @MahindraFin

About Mahindra

Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.  

The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.

Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room

[technuter]

STT GDC India signs MoU with UP Government

STT GDC India has signed a memorandum of understanding (MoU) with the Government of Uttar Pradesh to establish data centres in the state of Uttar Pradesh with a total estimated proposed investment of around Rs. 4100 crores. Our decision to expand in Noida is driven by the continuing rapid growth in the Indian data centre industry supporting the massive digital transformation that the country is experiencing. The promise of Noida emerging as a new Data Centre hub is well supported by progressive policy impetus at both the Central and State governments. Under the MOU, the planned investment would take place over multiple phases in the next 5 to 10 years in infrastructure build and operations, subject to demand trajectory, policy support and techno-commercial viability. The project proposes employment (direct & indirect), with more than 2000 people and a host of ecosystem benefits. Sumit Mukhija, CEO, STT GDC India, "We are extremely proud and happy that the Company has entered into this MoU with UP government. STT GDC India has signed MoUs with the Govt of UP for its investment outlook comprising 2 data centre parks in Noida/Gr Noida including our ongoing project in sector 143, Noida. Further, an additional regional data centre unit in Lucknow will aid the growth of digital infrastructure to support economic growth in other parts of the state. We applaud the recent amendments to UP's Datacenter policy, a highly encouraging and optimistic indicator about the sector's potential. Under the leadership of our Hon'ble Chief Minister , a number of proactive efforts to strengthen this industry through an enabling policy framework and other proactive measures have been undertaken. STT GDC India is honored to participate in the ongoing #UPGlobal Investors Summit 2023 in Lucknow. We look forward to continually strengthening our strategic partnership with the state. He further added, “STTGDCI's investments in the state of UP have been upsized to INR 4100 cr given the evident demand and bolstered by the progressive policy framework which has adapted to industry requirements and the very investor friendly environment promoted by the state government. The company today, is the largest Datacenter colocation services provider in the country with more than 200MW of Design Capacity in terms of IT load, spanning across 21 facilities (including under construction) in 9 cities totalling more than 3 Mn sqft of Gross floor area. Since 2015, our design capacity has grown 5X, revenue by more than 3X and we have done this profitably with an equal growth in EBITDA.” As a leader in the data centre colocation market, STT GDC India has always believed in pioneering initiatives that add value to the ecosystem. Skilled manpower has been a persistent challenge faced by the industry that needs to be addressed. Our Centre of Excellence in Bengaluru is a vital step in that direction. The purpose of this Experience Centre at Centre of Excellence is to provide a platform for interested candidates to up-skill in alignment with industry requirements complete with practical learning opportunities, thereby enabling them to increase their employability quotient. It is the company’s premier initiative under its CSR activities and is aimed at providing career pathways for local students and upskilling industry talent to bridge the skill gap. We trained around 150 students at our 11,000 sq. ft. area housed in the STT Bengaluru DC 3 facility that was dedicated to training and development. Read the full article

[blogn4n1]

How Indian companies are helping to tackle coronavirus

The coronavirus is spreading all over the world exponentially for its lethal nature and lack of cure. Coronavirus has been declared pandemic and the situations in India are alarming. Govt of India has called for lockdown for 21 days and it seems the lockdown will be extended again for 2 weeks. While the govt is taking several steps to ensure the safety of citizens, and also launched the PM CARES, Fund. Private companies are also stepping forward to help the country in every possible manner. It's not only about raising the fund, but it is also to ensure that each and every citizen gets help who is facing difficulty. Pvt sector in India is playing an important role to fight COVID-19 even though there has been a significant impact on the economy including economic slowdown, trade, supply chain disruption, commodities, and logistics. WIPRO: When it comes to philanthropic activity, Mr Azim Premji always comes forward. Wipro through their social arm AZIM PREMJI FOUNDATION has committed rs 1125 cr to tackle coronavirus. Wipro also donated Rs 4 cr to Telangana state govt for medical equipment. Wipro Bengaluru has opened their office kitchen to cook and feeb about 40000 migrant workers who cannot go back to their homes. Truly, Mr AZIM PREMJI sets an example and always inspires. RELIANCE INDIA: Reliance Foundation has pledged for Rs 500 Cr to tackle coronavirus. They had also set up India's first dedicated hospital to tackle coronavirus. Will provide free meals to people across various cities in partnership with NGOs to offer necessary livelihood relief in the current crisis situation. Providing masks for workers and caregivers. Free fuel across the country for certified emergency response vehicles Apart from the above two companies, there are many who are still contributing in every other way to combat the virus, the list goes on. Shri Mukesh Ambani says "We are confident that India will conquer the coronavirus sooner rather than later. The entire Reliance Industries Limited team is with the nation in this hour of crisis and will do everything to win this battle against Covid-19" TATA: Tata Trusts has pledged Rs 500crore for PM CARE to fight against coronavirus. Ratan Tata of TATA industries says "This is the worst crisis we have faced, and we must fight this with a spirit of solidarity, resolve empathy and understanding. We must unite to win the battle against COVID-19". Apart from donation, Tata Chemicals started supplying disinfectants of 1 million litres for spraying in Gujarat and 300thousand litres of disinfectant to BMC Mumbai. Started making hand sanitizers using WHO-recommended Ethyl alcohol(96% purity) and started supplying in Gujarat and Maharashtra. Making quality face masks with the help of SHG members. TCS partners with CSIR to find the cure for Coronavirus Aditya Birla Group: Aditya Birla group has been engaging in philanthropic activities from decades. "Given the severity of the disruption, there is a compelling need for a multi-pronged response that includes financial and material support, healthcare assistance and community responsibility," says Rajashree Birla, Chairperson, Aditya Birla Centre for Community Initiatives and Rural Development, said. Aditya Birla Group has contributed Rs 400 Cr to PM CARE fund. To set up a 100bed hospital in Mumbai specially to tackle coronavirus. Allocated 50 cr to FICCI-Aditya Birla CSR Centre for Excellence to tackle coronavirus. Allocated 50 cr for manufacturing of 1 million N95 masks, 2,80,000 personal protective equipment (PPE), as well as ventilators. Commenced manufacturing of 1 lakh coverall garments with the help of ministry of textiles. Installed awareness camps across 200 locations and door-to-door campaign spreading message of social distancing. FedEx India: Even in these tough situations, the staff of FedEx are working against the odds to deliver extremely critical COVID packages. FedEx twitter page says "We continue to operate flights to and from India, to connect essential medical shipments and support the communities we serve." L&T: L&T has pledged Rs 150 cr to PM CARE fund. SN Subrahmanyan, CEO and MD, L&T, said in his address to the employees, "We employ a huge amount of contract labour who are totally dependent on us for their daily livelihood. It is important for us to protect them at this point of time from the vagaries of work and to ensure that daily needs are provided at both, the essential worksites and their place of stay," he said. Plans to convert the company's buildings into the hospital which can accommodate up to 100  beds for treatment with state of the art facilities. Patanjali: Patanjali has announced a donation of Rs 25 crore towards the PM-CARES fund. Baba Ramdev has said he will also give the premises of two of his institutions in Haridwar and his ashrams in Kolkata, Modinagar (Uttar Pradesh) and Solan (Himachal Pradesh) for the treatment of coronavirus patients and 1,500 suspects can be kept in isolation at these facilities together and food will be provided by Patanjali at these places. Apart from donation, Patanjali has donated a Real-Time Polymerase Chain Reaction (RT-PCR) machine for COVID-19 tests to Government Medical College (GMC) in Nainital. If I continue further, it will be an endless list. Many companies have also contributed a one day salary of their employees. MSME's are playing their part in fighting this pandemic. In the end, what it matters is that we fight this pandemic as a united force and emerge victoriously.

[trinitycarefoundation]

Outreach Medical Programs in Karnataka

Outreach Medical Programs in Karnataka #Covid19 #CSR #India

When health systems are overwhelmed, both direct mortality from an outbreak and indirect mortality from vaccine-preventable and treatable conditions increase dramatically. Countries will need to make difficult decisions to balance the demands of responding directly to COVID-19, while simultaneously engaging in strategic planning and coordinated action to maintain essential health service…

[buymmogame-blog]

There are more than one billion people have played Zynga’s franchises

The studios behind game franchisees like Zynga Poker, Farmville, CSR Racing and many more announced their transition to newer and larger office buildings near MG Road, Bengaluru. The new space is to start accommodating new employees and their current team because Zynga is currently actively recruiting.

"Bengaluru is a major center for game development with talented professionals who drive innovation," said Matt Bromberg, COO at Zynga. "It's also home to passionate gamers who like to play and build great products. Utilizing this combined spirit and talent will further encourage studios and Zynga as the main development leaders in India. "Zynga Studios in India currently have interesting career vacancies throughout Product Management, Engineering, UI / UX, Game Design, Arts, Animation, Audio, Production, Marketing and Content Services and actively seek talent at various levels of experience. In addition, if you are in need of Cheap Zynga Poker Chips, you can visit our website 777chips.com.

Zynga is a global leader in interactive entertainment with a mission to connect the world through games. To date, more than one billion people have played the Zynga franchise including CSR Racing ™, Empires & Puzzles ™, Merge Dragons! ™, Words With Friends ™ and Zynga Poker ™. Zynga games are available in more than 150 countries and can be played on all social platforms and mobile devices worldwide. Founded in 2007, the company is headquartered in San Francisco with locations in the US, Canada, the United Kingdom, Ireland, India, Turkey and Finland.

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Vidya Chetana, An Education NGO Is Enabling Poor Students To Achieve Their Dreams

“The scholarship I received from Vidya Chetana helped me to complete my final year BTech,

following which I also secured a placement in IBM. I am extremely grateful to Vidya Chetana for helping me achieve my goal.” says Sahana, a BTech Graduate from Presidency University, Bengaluru.

 This testimonial is a reflection of the vital role Vidya Chetana, an education NGO has been playing in ensuring accessibility of higher education for students from socio-economically weaker sections. So far, Vidya Chetana has supported education of more than five thousand students from across 10 states in India. And not just that, this NGO has also been supporting skills development among its beneficiaries to prepare them for a seamless transition to the employment sector after completion of their studies.

 Overview of Vidya Chetana

-        In 2009, Vidya Chetana began its journey as one of the NGOs helping poor students.

-        It supports higher education of underprivileged students by sponsoring scholarships.

-        The beneficiaries of Vidya Chetana are students from socio-economically challenging backgrounds, specially-abled students, and those who lost their parent/s during COVID-19 pandemic.

-        The scholarships are provided to support higher studies in PUC/Intermediate, Degree, Engineering, and Medical courses.

-        Vidya Chetana creates a platform where supporters can see the need and choose to sponsor for education of students pursuing or wanting to pursue the aforementioned field of studies.

The role of Vidya Chetana in fulfilling dreams 

Vidya Chetana is cognisant of the gap that needs to be addressed in order to facilitate a smooth transition for graduates into the employment world. So, it does not limit its role to just being an education NGO, rather goes the extra mile to support the beneficiaries in attaining their goals and aspirations with the following programmes:

Admission guidance for college and     course selection based on the interest and ambitions of students.

Career guidance sessions to enable     students to take the right path in fulfilling their goals.

Training on 21st century     skills along with soft skills workshops.

Mentorship programmes that include     residential camps, value inculcating workshops etc. to mould students into     responsible citizens.

Employability Readiness Programme     for final year students to make them job ready.

Step in to fulfil dreams with Vidya Chetna

By supporting the efforts of NGOs helping poor students, you can bring a tangible and sustainable change in the socio-economic landscape of the country. You will actively participate in creating the foundation for an empowered generation. In fact, by engaging with Vidya Chetana as an individual or as an organisation,

-        You can immediately support meritorious students and create an impact at a community level.

-        You can align with and create a global impact by directly contributing towards the Sustainable Development Goals of the UN, i.e., SDG 1 - No Poverty, SDG 4 - Quality Education, SDG 5 - Gender Equality, SDG 8 - Decent Work and Economic Growth, and SDG 10 - Reduced Inequalities.

You can choose to support this education NGO in multiple ways such as:

●      Contribute an instant online donation.

●      Join as a CSR partner.

●      Organise a fundraising campaign.

 By doing so, you will not only empower the students, but also receive the following benefits:

●      Regular updates on the progress of the student you have supported.

●      A chance to meet and interact with the student as well as send and receive messages from the student (through Vidya Chetana).

●      Donation receipt and Tax Exemption Certificate on all contributions of ₹500 and above as per Section 80G of the Income Tax Act.

 Be the catalyst

Your contribution can potentially transform lives of underprivileged students, making them self-dependent, skilful, competent individuals. This year, 2,500 students are waiting in anticipation to receive support. And your partnership with Vidya Chetana can prove to be instrumental in supporting education of these students. Sponsor for education of poor students and enable them to break free from their current hardships by attaining their dreams and goals. Take action now!

 Author Profile:

Vidya Chetana Scholarship Program is an initiative of Youth for Seva to support higher education of socio-economically underprivileged students. Your support will help students wanting to pursue PUC (Intermediate), Degree, Engineering, and Medical Courses. Your contribution towards the Scholarship Program will help students continue their education as well as qualify you to receive tax exemption on your donated amount (₹500 & above).

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Glenmark Aquatic Foundation and KISS Partner to Promote Swimming

Glenmark Aquatic Foundation, a CSR activity of Glenmark Pharmaceuticals Limited, and Kalinga Institute of Social Sciences (KISS) have announced a 12-year partnership to promote the full spectrum of swimming from grass roots development to competitive swimming KISS- Bhubaneswar, in the state of Odisha.

This partnership will provide students from KISS and KIIT the opportunity to learn swimming and pursue it as a competitive sport. Ian Els, an experienced South African coach, will be leading the programme will follow the principles of globally accepted long-term athlete development (LTAD) to produce international swimmers for Odisha and India. Aquatic sports has the maximum number of medals at the Olympics. India has strong potential to excel in this sport and to achieve this, we need a programme with a long-term vision and a framework for success. The partnership between KISS and GAF is an initiative to realise India's swimming ambitions.

Under this partnership, Glenmark Aquatic Foundation (GAF) will provide training for swimmers at KISS & KIIT, and in addition will train swim coaches in LTAD principles and serve as a skill development program for aspiring coaches. To begin with GAF will engage 10 former swimmers (5 boys and 5 girls) of KISS to be trained as swim coaches. Glenn Saldanha, Founder, Glenmark Aquatic Foundation, said, "This is a unique partnership and a first in Indian swimming. This is the first grassroots initiative for GAF and shows the way forward for us. Universities and schools are the breeding grounds for elite athletes across the world and this partnership will use best practises to train the swimmers. The infrastructure for sport here is world class and we are delighted and honoured to be given the opportunity to work with KISS and KIIT which are exceptional initiatives undertaken by Prof. Samanta.

Commenting on the partnership, Dr. Achyuta Samanta, Founder, Kalinga Institute of Social Sciences said, "KISS has always attached great importance to sports and the Odisha Government has been very supportive about promoting sports. Our athletes have won laurels in international competitions in other sports and we want the same to happen in swimming. We believe, with our partnership with GAF, KISS and Odisha will produce world class swimmers." Among others, Chairman & Managing Director, Glenmark Pharmaceuticals  Ltd. & Founder Glenmark Aquatics Foundation Glenn Saldanha; Founder of Glenmark Aquatics Foundation Neha Saldanha, President, Swimming Federation of India R N Jayprakash; Vice President Kamlesh Nanavati; Secretary General Monal Choksi were present on the occasion.

About Glenmark Aquatic Foundation

Glenmark Aquatic Foundation is a CSR Activity of Glenmark Aquatic Foundation dedicated to competitive swimming based in Mumbai.  It runs 3 centers at Delhi, Bengaluru and Thiruvananthapuram. GAF has recently launched swim. clinic an initiative to educate coaches, parents and swimmers.

[quiklyz]

Quiklyz extends vehicle leasing and subscription services to 5 additional cities

Vehicles from leading OEMs including Mahindra, Maruti Suzuki, Hyundai, Tata Motors, Kia and other OEMs on offer

Attractive schemes both for personal and corporate customers

Quiklyz now spreads across 13 cities, pan India

Mumbai, 3rd March 2022: Quiklyz, the vehicle leasing and subscription platform of Mahindra & Mahindra Financial Services (Mahindra Finance/ MMFSL), today announced expansion of its services in 5 additional cities. With this announcement, Quiklyz will be now available across 13 cities pan India.

The cities in which Quiklyz have started the service include Ahmedabad, Kolkata, Manesar, Faridabad and Ghaziabad. The company is planning to expand its presence in 30 cities over the next 3 months. Quiklyz earlier had launched its services in 8 metro cities including Bengaluru, Chennai, Delhi, Gurugram, Hyderabad, Mumbai, Noida, and Pune in November 2021.

Speaking on expansion in new geographies, Turra Mohammed, SVP & Business Head – Quiklyz commented. "We have seen very good traction since our launch both with our Retail subscription product through Quiklyz.com and our Corporate lease products. With shift in consumer mindset and more openness towards flexible vehicle ownership models, we are very excited to rapidly take Quiklyz across many more cities”.

‘Quiklyz’, a new-age digital platform aims to provide great convenience, flexibility and choice to customers across geographies. The company offers hassle free access to vehicle to its customers. . Quiklyz will be available to both retail and corporate customers. Under the corporate segment, it aims to offer services to and fleet operators, while in the retail segment the company will offer services to a wide range of customers, especially millennial mindset salaried and self-employed individuals.

Quiklyz currently has largest portfolio of electric vehicles (EVs) on its leasing and car subscription platform. The vehicles from leading OEMs including Mahindra, Tata Motors, Mercedes-Benz, MG, Audi, and Jaguar will be on offer for customers. Quiklyz’s value proposition for its customers include zero down payment schemes, range of subscription tenure options, only one fixed monthly fee, white number plate and RC in customer’s name, no resale or maintenance hassle, and more.

The customers can access various offerings and book their dream vehicle on Quiklyz.com. The website will facilitate extremely simple vehicle booking and delivery journey for the customer. Additionally, customers can also reach out to Quiklyz over email at quiklyz.service@mahindra.com or call 1800-209-7845 for support.

About Mahindra & Mahindra Financial Services Limited 

Mahindra & Mahindra Financial Services Limited (Mahindra Finance), part of the Mahindra Group, is one of India’s leading non-banking finance companies. Focused on the rural and semi-urban sector, the Company has over 7.3 Million customers and has an AUM of over USD 11 Billion. The Company is a leading vehicle and tractor financier, provides loans to SMEs and also offers fixed deposits. The Company has 1,388 offices and reaches out to customers spread over 3,80,000 villages and 7,000 towns across the country. 

Mahindra Finance has been ranked 54th among India’s Best Companies to Work 2021 by Great Place to Work Institute.

Mahindra Insurance Brokers Limited (MIBL), the Company's Insurance Broking subsidiary is a licensed Composite Broker providing Direct and Reinsurance broking services. 

Mahindra Rural Housing Finance Limited (MRHFL) a subsidiary of Mahindra Finance provides loans for purchase, renovation, construction of houses to individuals in the rural and semi-urban areas of the country. 

Mahindra Finance CSR Foundation is a wholly-owned subsidiary company, under the provisions of section 8 of the Companies Act, 2013 for undertaking the CSR activities of the Company and its subsidiaries. 

Mahindra Manulife Investment Management Private Limited (formerly known as Mahindra Asset Management Company Private Limited) acts as the Investment Manager of Mahindra Manulife Mutual Fund (formerly known as Mahindra Mutual Fund). On 29th April, 2020 Mahindra Finance divested 49% stake in its wholly-owned subsidiary, Mahindra Manulife Investment Management Private Limited to Manulife Investment Management (Singapore) Pte. Ltd., to form a 51:49 joint venture. 

Mahindra Manulife Trustee Private Limited (MMTPL), (formerly known as Mahindra Trustee Company Private Limited) acts as a Trustee to Mahindra Manulife Mutual Fund (formerly known as Mahindra Mutual Fund). On 29th April, 2020 Mahindra Finance divested 49% stake in its wholly-owned subsidiary, Mahindra Manulife Trustee Private Limited to Manulife Investment Management (Singapore) Pte. Ltd. to form a 51:49 joint venture.

The Company has a Joint Venture in the US, Mahindra Finance USA LLC, in partnership with De Lage Landen, a subsidiary of Rabo Bank, for financing Mahindra vehicles in the US. 

Ideal Finance Limited (Ideal Finance) is a subsidiary of the Company in Sri Lanka, in which the Company owns 58.2% stake. Ideal Finance focuses on providing a diversified suite of financial services to the Sri Lankan market. 

Learn more about Mahindra Finance on www.mahindrafinance.com / Twitter and Facebook: @MahindraFin

About Mahindra

Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.  

The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.

Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room

Media Contact: 

Mohan Nair 

Head – Communications, 

Mahindra & Mahindra Financial Services Limited 

E-mail: nair.mohan@mahindra.com

Mobile # : +91 9004012237

Rujuta Deshmukh

Manager – Communications,

Mahindra & Mahindra Financial Services Limited 

E-mail: deshmukh.rujuta@mahindra.com

Mobile # : 9930467877

[mycsrindia]

Mitsubishi Electric India Boosts Philanthropic Activities in Bengaluru

Mitsubishi Electric India increase Philanthropic Activities Mitsubishi Electric India recognizes the importance of high-quality education and long-term learning. Air conditioners were installed at the Government Industrial Training Institute in Peenya, Bengaluru.  Bengaluru: Mitsubishi Electric India has been contributing to the growth of society through its products and solutions for a long time. Mitsubishi Electric has increased...

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PRONE TO DRONE

POCO Builders Limited is an Indian multinational real estate developer headquartered in Bangalore, India. Which works in the business of construction, development, sale, housing projects, and commercial premises. POCO Builders Limited was founded in 2001 by Mr. Menon, since inception, they have completed 102 real estate projects and 262 contractual projects covering about 70.54 million square feet of area. POCO Builders Limited has a footprint in 24 cities and 13 states across India. Internationally, POCO Builders Limited has operations running in Oman with a footprint in Dubai. The pride of being the only team in Asia Pacific to have Three Platinum and Four Gold Rated LEED Certified Green buildings by IGBC (Indian Green Building Council), speaks volume about the architectural excellence and impeccable planning. Sri Kurumba Educational and Charitable Trust is a public charitable trust found by POCO Builders Limited in 2006. The trust runs CSR activities that include providing healthcare facilities, education, vocational training for the needy.

CASE AT HAND

The Directorate General of Civil Aviation (DGCA), under the Ministry of Civil Aviation, introduced regulations to set out the civil aviation requirements for the operation of civil remotely piloted aircraft systems, known as drones. The Union Minister for Civil Aviation & clearance for flying drones has got the real estate industry excited. Using drone will help increase efficiency and produce quality results in real estate marketing. Drones will provide aerial footage, high-quality visuals of the site and timely updates and make better informed decisions. Beyond the marketing point of view, drones can take care of quality control and inspection jobs in construction projects. As customers rarely get a sense of what kind of view they will enjoy from their future homes, drone images become a very useful tool in completing the entire customer experience.

Capitalizing on this opportunity provided by the government, POCO Builders implemented the usage of drones for the construction of its biggest commercial project, The Royal Trail. It was the most looked up to residential complex being built in the city of Bengaluru. The Builders used the IoT format of implementation in order to use drones for repairs and maintenance purposes, in the future. As a result of this, the tenants had to sign an agreement which stated that drones will hover around the premises to identify and highlight the RRPs (Repair Requirement Points). With the knowledge of this agreement, the tenants did not mind drones roaming around at odd hours.

The Tenant Agreement also contained the date of payment of rents, which was at the end of every month. On 21st September, 2019, POCO Builders inaugurated The Royal Trail and the first batch of tenants came in on 1st August, 2018. On 29th October , 2019, the builders inflated the price of rent by five folds as they threatened to leak accumulated private information of tenants that was collected during the RRP collection process and demanded for higher rent so as to prevent the information leakage. As a response, the tenants took a major step by going on aggressive strikes and protests. This created speculation and disruption of POCO’s goodwill and reputation. The business started enduring losses, tenants from its other establishments also felt unsafe and employees began quitting their jobs as they felt they were working for an unethical company that is witnessing a downfall in its value proposition.

TASK IN HAND

You are the CHRO of POCO Builders Ltd. and you are required to:

Create a Comprehensive Plan to rebuild the company’s lost goodwill and reputation.

Come up with Employee Turnover Prevention Strategies.

Come up with strategies to guarantee privacy, security and ethical usage of drones in the future.

Develop an Immediate Action Plan to control the growing strikes by the tenants.

Draft strategies to regain customer trust and tenant support.

DELIVERABLES

Come up with a PPT of not more than 10 slides

Submission Details : 9:45 AM, 10TH APRIL’2021

PS - SHOW YOUR WORTH