India, 9th December 2023: As part of Investor Day, the Sber team reviewed the results of the company’s 2021-2023 Strategy and talked about its new Development Strategy to 2026. Taking part in the event were:

• · Herman Gref, CEO and Chairman of the Executive Board
• · Kirill Tsarev, First Deputy Chairman of the Executive Board
• · Alexander Vedyakhin, First Deputy Chairman of the Executive Board
• · Andrey Belevtsev, Senior Vice President, СТО – Head of Technology Block
• · Taras Skvortsov, Vice President, Head of Finance Block

As a result of the 2021-2023 strategy, Sber’s retail customer base grew by 10 million to 108 million, while it picked up 500,000 new corporate clients to reach a total of 3.2 million. The team has provided resilience and innovative development by ensuring technological independence and achieving a breakthrough in AI transformation.

In its new strategy cycle, Sber has a special focus on shaping its long-term vision. Technology, above all artificial intelligence (AI), is becoming the key factor defining today’s world and the future.

One of the key challenges is to place technology at the service of mankind. Sber’s business model is centred around people, their interests and aspirations.

AI is becoming mankind’s personal assistant – expanding everyone’s capabilities and helping people to tap their potential. This represents a step by Sber towards human-centricity.

Sber will spend the next 3 years preparing for the transition to a human-centric organization. This complex transformation will impact three key spheres:

1. Technology, with the focus on developing a new generation of AI
2. The business model in all areas
3. Culture

Alongside its long-term priorities, Sber will devote particular attention to: 

• Developing and creating best customer experience;
• Improving performance;
• Providing reliable and safe services;
• Accelerated deployment of AI in every area of the business.

The financial goals of Strategy 2026 are:

• Return on equity >22% in each year of the Strategy;
• Total capital adequacy ratio Н20.0 >13.3%;
• Dividend disbursements of 50% of the Sber Group’s net profit.

Herman Gref, CEO and Chairman of the Executive Board of Sberbank said, “The consumer model in which the customer is viewed exclusively as a source of income will become a thing of the past. The task of the new business is to help the customer be flexible and adaptive in an unstable world. We need to create tools that will meet and surpass the customers’ expectations. We need to learn to treat each of our customers, every human being, as we would treat ourselves.

We want to become one of the first human-centric companies, one that will help people to tap their potential and survive amidst today’s overabundance of technology and information.

Artificial intelligence can become a personal assistant to every human being – an assistant in analyzing and processing huge volumes of information, setting goals, and correctly prioritizing and organizing our lives, an assistant which will help to expand people’s capabilities and free them from routine activities.“

New Delhi, India – [9th December 2023] – Invest India, the National Investment Promotion and Facilitation Agency of the Government of India, and the current President of the World Association of Investment Promotion Agencies (WAIPA), under the aegis of Department for Promotion of Industry and Internal trade, is set to host the 27th World Investment Conference (WIC) from December 11th to 14th, 2023, at the India International Convention & Expo Centre – Yashobhoomi, New Delhi. This year’s conference is themed “Empowering Investors: IPAs Pioneering Future Growth”. Shri Piyush Goyal, Hon’ble Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles will inaugurate the Conference and deliver keynote address on the Role of Trade and Investment in the Decade of Action. The Minister will also launch the Experience India Centre, showcasing the best of India’s offerings across services, technology, and products through a variety of technologies, including virtual reality, augmented reality, interactive touch screens, and projection mapping.

WIC, an annual flagship event of WAIPA, serves as a platform for global investment promotion and innovation stakeholders. This year, the conference brings together Investment Promotion Agencies (IPAs), international organizations, academia, and the private sector including startups to discuss investment policies and trends, providing a unique opportunity for collaboration, trade and investments and knowledge sharing.

Spanning over four days, the #WIC23 is set to be the largest WIC ever, with participation from more than 1000 attendees, over 50 IPAs and various multilateral agencies. Some of the marquee sessions include a Meeting of ‘IPAs of G20 Nations’ and a IPAs of G20 Compendium on Sustainable FDI, a Meeting of World Investment for Development Alliance (WIDA), a coalition of 13 multilateral organisations including UNCTAD, WEF, WBG, UNESCAP and WAIPA, a closed-room roundtable of Private Equity chaired by Union Minister Shri Piyush Goyal, and a roundtable on “The India Opportunity: Investing in an Emerging Economy Poised for a Fast-Track Growth”. Invest India may also release white papers on key topics such as E-Commerce, Electronics, Sustainable textiles, and Responsible AI.

Apart from hosting international speakers, WIC will also host speakers such as Mr Rajesh Kumar Singh, Secretary, DPIIT, Mr Sunil Barthwal, Secretary, DoC, Dr. Ajay Mathur, Director General, International Solar Alliance, Ms Vrinda Kapoor, CEO, 3rdiTech, Mr Vijay Shekhar Sharma, Founder and CEO, Paytm and Mr Sanjay Bikhchandani, Founder and Executive Vice Chairman, Info Edge, among others. The conference will also host “The Startup-Investor Connect program”, which is designed to offer Venture capital funds and International Startups from various sectors a platform to connect on the following one or multiple opportunities with the aim of facilitating funding and showcasing cutting-edge innovation.

Aligned with the overarching theme, the WIC will feature parallel sessions focusing on Agri-Food Processing, Energy/Infrastructure, Tourism, Automotive & Machinery, ICT/Technology, and Life Sciences. These sessions will provide a detailed exploration of investment opportunities and trends within each sector across participating countries and select Indian States.

Mr Rajesh Kumar Singh, Secretary, DPIIT: The discussions and collaborations that take place here in New Delhi will pave the way for a new era of global investment, one that is inclusive, sustainable, and driven by innovation. The conference is set to achieve clear outcomes in terms of partnership in areas of investments, trade and Research and Development for participating countries.

Nivruti Rai, President of WAIPA and MD and CEO of Invest India: The theme of this year’s conference underscores the critical role investment promotion agencies play in fostering a vibrant and sustainable investment landscape. With the right policies and partnerships, we can unlock the full potential of global investment and create a more prosperous world for all.

09th December 2023: Infinix, a trailblazer in the mobile technology industry, is thrilled to introduce the highly anticipated Infinix Smart 8HD, the latest addition to the Smart series. Priced at INR 5669*, Smart 8HD comes equipped with remarkable features, setting new standards for the segment and delivering an enhanced smartphone experience.

Designed to provide users with a delectable mix of performance and elegance, the Infinix Smart 8HD features significant upgrades over the previous releases in the Smart series. With 90Hz refresh rate, 8MP selfie camera, and a side-mounted fingerprint sensor and dynamic expandable notch feature, the Smart 8HD redefines the possibilities for affordable smartphones.

“The sub-10K smartphone segment is currently characterized by a lack of innovative offerings. With the introduction of the Smart 8 series, our goal is to redefine this segment and provide a much-needed refresh in terms of premium design and innovative features. The Smart 8 HD, with its timber texture design and iconic camera module, is poised to be the preferred choice for users seeking a stylish smartphone. The innovative MAGIC RING function enhances user interactions and improves ease of use.

Beyond its design and software capabilities, the smartphone boasts several first-in-segment features, including a 6.6HD+ Punch-Hole 90Hz Display, a Side-mounted fingerprint sensor, and an 8MP selfie camera with flash.

We take pride in consistently pushing the boundaries of what is achievable in the realm of smartphones, aligning with user preferences. We eagerly anticipate our users joining us on this exciting journey as we strive to create a genuine breakthrough in the smartphone segment”, said Mr. Anish Kapoor, CEO, Infinix India.

Stylish Design and Dynamic Features

The Smart 8HD is not only a powerhouse but also a stylish device. It features a timber texture finish back panel available in four appealing color variants, creating a premium and ergonomic design. The iconic camera module with a Ring Flash and a color-matched frame adds a touch of sophistication to the device. To cater to diverse preferences, the Smart 8 HD comes in four striking Color Variants Crystal Green, Shiny Gold and Timber Black. The 6.6-inch HD+ Sunlight Readable display with 500 Nits peak brightness ensuring optimal visibility even in bright conditions, further elevating the user experience.

For added convenience and security, the Smart 8HD incorporates a face unlock function and a side-mounted fingerprint sensor, a first in the segment. This feature enables fast and easy unlocking of the device, ensuring your data remains secure.

The device’s 90Hz punch-hole display provides a stunning visual experience. This dynamic notch feature, known as the Magic Ring, not only enhances the aesthetics but also adds functionalities such as Face Unlock, Background Call, Charging Animation, Charge Completion Reminder, and Low Battery Reminder.

Unmatched Performance and Speed

Smart 8HD is designed to elevate your smartphone experience. One of the key features is the introduction of a 90Hz refresh rate, a remarkable upgrade over its predecessor, the Smart 7HD, which had a 60Hz refresh rate. This innovation ensures smoother scrolling, more responsive touch interactions, and an overall enhanced visual experience.

Powered by the efficient UniSOC T606 processor, the Smart 8HD promises impressive performance with an AnTuTu score of 230K+. With upto 6GB RAM and 64GB of internal storage (expandable up to 2TB with a microSD card), users can multitask with ease, store more photos, videos, and apps, and enjoy a seamless and responsive user experience. The device also comes with UFS 2.2 fast storage.

Revolutionary Camera Capabilities

The Infinix Smart 8HD boasts an impressive camera system with a 13MP dual AI camera and a Quad LED Ring Flash, allowing you to capture stunning photos in various lighting conditions. Plus, the Smart 8HD introduces an 8MP selfie camera with LED flash, a significant improvement over the 5MP camera in the Smart 7HD. This enhanced selfie camera ensures that your self-portraits are crisp, clear, and detailed, even in low-light settings.

Optimized Performance and Battery Life

The Smart 8HD runs on Android 13 Go with the latest XOS 13 version, ensuring a smooth and intuitive user interface. It’s optimized for better performance, allowing you to enjoy a lag-free experience even with demanding apps and games.

To keep you powered throughout the day, the Smart 8HD is equipped with a 5000mAh battery. With Type-C charging and Power Marathon technology, you can enjoy extended usage without frequent recharges.

Smart 8HD to go on sale on Flipkart and offline channels starting 13^th Dec.

* 10%  Instant discount on Axis Bank card

This Saturday, Sony Entertainment Television’s popular singing reality show, ‘Indian Idol Season 14’, will be ‘Celebrating Raj Babbar’ on its iconic stage. Known for his commendable work in the film industry, Raj Babbar will grace the show along with Salma Agha. The contestants will pay him a musical tribute and belt out some of their hit chartbusters to impress Judge Shreya Ghoshal and Kumar Sanu.

Faridabad’s Adya Mishra will seamlessly showcase her versatility by singing ‘Mee Raat Takali’, from the 1977 classic Marathi film ‘Jait Re Jait’, and ‘Dil Ke Armaan Aansuo Mein Bah Gaye’, from the 1982 film Nikaah.

Complimenting Adya’s performance, Raj Babbar says, “Your singing is infused with emotion. I must say, Salma Agha, who herself was a singer and actor in the song ‘Dil Ke Armaan Aansuo Mein Bah Gaye’, must have sung with the same passion as you did. Coming to ‘Mee Raat Takali,’ the visuals of the song evoked a sense of inspiration and aspiration and these are the exact qualities I felt during your performance. The way you sang the song, reminded of me Smita Patil, on whom the song was picturised.”

Judge Shreya Ghoshal also lets the celebrity guests know that Adya, who is a star performer, is all of 17 years old, and yet, with the power of her voice, she has successfully managed to leave a lasting impression on everyone! Complimenting Adya, Shreya said, “The emotions conveyed through your performance will be etched in our memories for years to come. The way you delivered the songs was truly exceptional, and I must acknowledge that you possess extraordinary talent. It brings me immense joy to have you on Indian Idol!”

Salma Agha joins in and tells Adya, “You are in perfect harmony with your singing, the melody and rhythm reflect a meticulous process, and I appreciated that when listening to you sing. You truly understand your craft!”

Later in the show, Salma Agha extends her gratitude to Raj Babbar, who was her first co-star when she entered the world of acting with the film ‘Nikaah.’

To witness more such moments, be sure to tune in to ‘Indian Idol Season 14’ this Saturday at 8:00 PM only on Sony Entertainment Television!

India, 9th December 2023 In a significant step towards reinforcing its environmentally responsible credentials, Tata Steel has received the GreenPro Ecolabelling Standard certification for its Automotive Flat Steel products. Developed by the Green Business Centre of the Confederation of Indian Industries (CII), the GreenPro ecolabel assesses ‘how green a product is’ based on a comprehensive framework, forging the way forward for achieving environmental performance excellence.

As part of the evaluation process, the Company’s automotive flat steel products have undergone end-to-end evaluation at every stage of their product lifecycle which would lead to measurable environmental benefits. This recognition highlights the Company’s commitment to sustainable practices and contribution to automotive industry’s transition towards eco-friendly manufacturing.

Rajiv Mangal, Vice President, Safety, Health & Sustainability, Tata Steel, said: “We are proud to achieve the GreenPro Ecolabel certification, reaffirming our dedication to producing environment friendly steel solutions. This recognition from CII validates our ongoing efforts to set new standards for sustainability in the steel industry. From rigorous Life Cycle Assessment studies to Environment Product Declarations (EPDs) for key products, Tata Steel continues to strive towards a sustainable tomorrow.”

Prabhat Kumar, Vice President, Marketing and Sales (Flat Products), Tata Steel, said: “GreenPro certification reinforces our commitment to eco-friendly manufacturing and helps strengthen our status as a preferred supplier to the Automotive industry in line with their transformation journey towards sustainability.”

Over the last two decades, Tata Steel has consolidated its position as the preferred supplier to the automotive industry, supplying Hot-Rolled (HR), Cold Rolled (CR) and Galvanized products to all major automotive OEMs and ancillaries in India.

Tata Steel has taken the lead in the Indian Steel Industry for manufacturing sustainable steel solutions and providing environmental certification of its products. As of today, CII’s GreenPro certification has been conferred on the Steel Rebars (Tata Tiscon), Tubes (Tata Structura, Tata Pipes, Tata EzyFit), Steel Doors and Windows (Tata Pravesh), and Ground Granulated Blast Furnace Slag (Tata Aggreto). Additionally, the Company has published Environment Product Declaration (EPD) for several of its products. Tata Steel Europe is also the first steel manufacturer to become an approved Environmental Product Declaration (EPD) programme operator in Europe. To promote the purchase of cleaner and greener products by customers, Tata Steel also conducts Life Cycle Assessment studies for many of its products to evaluate the environmental impact across various life cycle stages.

India Yamaha Motor (IYM) Pvt. Ltd. today announced the opening of three new state-of-the-art “Blue Square” outlets in Karnataka. These new Yamaha exclusive outlets are launched under the banner of ‘Eye Automobiles Pvt. Ltd.’ with 8,945sqft. space in KR Puram, ‘Garuda Wheels’ 4,071sqft. space in Hoskote and ‘Chirag Motors’ with 5,800sqft. space in Mandya, all around Bangalore. The new Blue Square outlets are designed to deliver a superior experience to customers across end-to-end sales, service, and support through a highly personalised approach.

Yamaha Blue Square outlets embody the brand’s true spirit and have been meticulously designed to provide customers with a superior end-to-end experience. They exemplify a personalized approach, ensuring every customer feels valued and satisfied. By leveraging these exclusive outlets, the brand aims to offer customers a gateway into the world of Yamaha Racing.

Each section of these premium outlets has been thoughtfully crafted to instil a sense of pride in being associated with a global brand deeply rooted in international motorsports. Guided by this philosophy, Yamaha has formed an instant connection with customers through the combination of “Blue,” representing the brand’s proud racing legacy, and “Square,” symbolising a curated platform for customers to connect with Yamaha’s exhilarating, sporty, and stylish range of two-wheelers.

Alongside providing an industry-leading experience, these blue square outlets also serve as a platform for the Blue Streaks riders, Yamaha’s exclusive biker community, allowing riders to engage and interact with other riders. Including the two new outlets, Yamaha will now have 20 exclusive Blue Square Showrooms in the Karnataka market and 270 outlets PAN India.

While Yamaha’s maxi-sports AEROX 155 scooter is exclusively sold through Blue Square showrooms, these premium outlets also showcase the updated 2023 line-up premium two-wheelers including the YZF-R15 V4 (155cc), YZF-R15S V3 (155cc), MT-15 V2 (155cc); Blue-Core Technology-enabled models such as FZS-Fi Version 4.0 (149cc), FZS-Fi Version 3.0 (149cc), FZ-Fi Version 3.0 (149cc), FZ-X (149cc), and scooters like Fascino 125 Fi Hybrid (125cc), Ray ZR 125 Fi Hybrid (125cc), Ray ZR Street Rally 125 Fi Hybrid (125cc). Delivering on the promise of proving a more comprehensive experience, these premium Blue Square outlets also have the latest Yamaha genuine accessories, official apparel, and Yamaha genuine spare parts on display and sales for customers.

By Mr. Susheel Tejuja – Founder & Managing Director at PolicyBoss.

“Today, insurance commissions have been fairly simplified, thanks to EOM guidelines brought in by the regulator earlier this year. Post these guidelines coming into effect, all insurers have by and large streamlined and aligned to the new way of life and hence there is no shade of gray on this subject.

Malpractices as you mentioned by you have largely been put to check and if at all anyone still continues to do so, they would pose a big risk both personally and to the insurance company. Over time, all such malpractices will cease and it’s the policyholder who benefits from this all at the end of the day as their is greater transparency and clarity on making an informed insurance choice”