Jaypore partners with Creative Dignity to help artisans sell online

 

                                                                                  

 

Bengaluru, 31^st August 2020: Jaypore, from the house of Aditya Birla Fashion and Retail Limited, has collaborated with Creative Dignity to ensure the artisan community reaches customers digitally. The brand will offer its wide-reach and a pan-India customer base through its ecommerce platform to the artisans giving them access to new markets and sustained livelihood opportunities. 

 

Jaypore has partnered with Creative Dignity, a zero-margin voluntary platform, to provide relief to artisan’s community severely hit due to COVID-19 pandemic. Under the 'Artisan Direct' campaign of Creative Dignity, the collaboration will feature work of over 250 artisans on their website over a period of time giving these artisans a platform to sell their products to customers from across the country.
 

 

Creative Dignity and Jaypore will help the artisans boost their business by also providing them with training in the field of ecommerce including templates for catalogue making, photography, pricing, and logistics management. The sales campaigns are being promoted by FICCI FLO at the national level. The brand will not only provide an online marketplace to these artisans for marketing their products but will also engage with them to train on making the products more attractive, appealing, and sellable across the ecommerce platforms. These training programs are backed by the volunteers from premier Design Institutes in India as well as designers and NGOs. Continuous training is being given to the artisans by expert volunteers in their villages that usually has limited facilities. 

 

Rashmi Shukla, Brand Head, Jaypore says, “Jaypore as a brand has always been vocal about local since inception. India’s rich Craft and Craftsmen are at the heart and soul of the brand. We have always taken pride in providing a platform to the Craft and Artisan community to showcase India’s exquisite craft heritage. The ongoing pandemic has posed a severe challenge of sustenance to craftsmen across nation, endangering our craft and talent. We have partnered with Creative Dignity to support the craft community, by doing a non-profit engagement so that these artisans get the maximum benefits. This collaboration will help us stimulate the handicraft environment in the country and ultimately strengthen our collective national motto of 'Make in India'." 

 

“The first edition which was recently concluded was of immense interest to Jaypore’s audience, the product being artisanal and completely in line with what our customers look for. We showcased products like sarees in ajrakh block prints, bandhani sarees, mud mirror work accessories, leather bags and more”, added Rashmi Shukla. 

 

The Artisan Direct Campaign is being undertaken across India in collaboration with multiple online platforms, of which Jaypore is an important partner. This crisis is also a time for collaboration for survival of the most vulnerable. The campaign enables artisans to become digitally aligned while online partners voluntarily reduce margins to create attractive offers to consumers during the campaign periods. It becomes a win-win for all, as consumers shop feeling good about helping artisans and still getting good prices on the products.  

 

“The first batch of artisans on boarded on the Artisan Direct Campaign – Gujarat Edition, are already seeing results. They have been able to move stocks quickly and we are feeling so overwhelmed with everyone’s support in putting this together. Times of crisis help to bring out the best in us – we touch our humanity once more,” said Meera Goradia from Creative Dignity. 

 

Jaypore will be bringing a positive impact on about 250 artisans with this initiative over a period of time. The brand has tried to reach out to smaller enterprises who lack their own supply chain backend, women led enterprises and artisans which had built-up inventory and those who were most vulnerable owing to their financial need. Jaypore is planning to engage with these artisans on continuing basis even post the campaign and also plans to extend support to the artisans across the country in the near future.  

 

All products of the artisans are available for purchase through the ‘Direct to Artisan’ page on Jaypore.com  

 

About Jaypore: 

Jaypore is one of India’s leading destination brand for all things Craft and Artisanal across Apparel, Exquisite Jewellery and beautiful Home products. India has a rich heritage of handmade crafts and traditional products. Jaypore as a brand is committed to design, source and retail authentic Indian products suited for a modern lifestyle. The brand sources from more than 70 craft clusters and curates it on its beautiful website Jaypore.com and two stores one each in Delhi and Bangalore. In a very short time, the business has earned high respect amongst the craft vendor community for showcasing products in all its glory and amongst connoisseur customers for making craft accessible. The brand runs an eponymous label called Jaypore and also aggregates other artisanal based brands on its portal. Jaypore ships worldwide and has a global audience. At the heart of everything we do is the commitment to offering sustainable products that elevates your everyday life.  

 

About ABFRL: 

ABFRL is a part of USD 48.3 billion Aditya Birla Group. With revenue of Rs. 8,788 cr. spanning retail space of 8.1 million sq. ft. (as on March 31, 2020), it is India’s first billion-dollar pure-play fashion powerhouse with an elegant bouquet of leading fashion brands and retail formats. 

The Company has a network of 3,031 stores, presence across approximately 25,000 multi-brand outlets with 6,500+ point of sales in department stores across India.  

It has a repertoire of leading brands such as Louis Philippe, Van Heusen, Allen Solly and Peter England established for over 25 years. Pantaloons is one of India’s largest fast fashion store brand. The Company also holds exclusive online and offline rights to the India network of California-based fast fashion brand Forever 21. The International Brands portfolio boasts of - The Collective, India's largest multi-brand retailer of international brands and select mono-brands such as Simon Carter, Hackett London, Ted Baker, Ralph Lauren, American Eagle and Fred Perry. 

ABFRL’s portfolio of regional brands includes ‘Van Heusen Innerwear’. Additionally, the company closed two strategic investments in branded ethnic wear business with Jaypore and Shantanu & Nikhil. 

OPPO launches A53 with 90Hz Punch Hole Display, 18W fast charge for faster and smoother experience

 

National, 25^th August 2020 – Committed to strengthen its leadership in the pocket friendly segment, OPPO a leading global smart device brand today launched A53 in the Indian market. Engineered to deliver fast and seamless user experience, A53 is OPPO’s first smartphone with 90Hz refresh rate and 120Hz Touch Sampling rate in the pocket friendly segment that comes paired with a 6.5-inch Punch Hole -Display, a 5000mAh battery and 18W Fast Charging. The device will be available in 6GB+128GB and 4GB+64GB variants at a price of INR 12,990 and INR 15,490 respectively. Crafted to offer an experience at par with flagship smartphones, the device will be available starting 25Th August 2020. OPPO A53 is the sleekest phone in the market with a 5000mAh battery and the brand's first smartphone with 90Hz refresh rate under the 15k price segment.

 

Aimed to meet the evolving needs of the customers in the pocket-friendly segment, OPPO A53 will further take forward the legacy of its popular A series. OPPO A53 delivers a faster and smoother experience with the a 90Hz Screen refresh rate. Crafted with a 3D-curved Iridescent Wave Design, OPPO A53 houses a massive 5000mAh battery paired with 18W Fast Charge along with a 6.5-inch Punch-hole Display for an enhanced viewing experience. The device comes packed with a 16MP AI front camera and a 13 MP AI triple camera set up on the rear side to capture clear details with a

professional bokeh effect.

 

Smooth and Immersive Entertainment Experience

OPPO A53 boasts a Punch-hole Display that has 90Hz Screen refresh rate and up to 120Hz Touch Sampling rate for a smoother experience. The 90Hz refresh rate enables a smoother animation with less friction when scrolling through photo albums, Internet browsers and other apps.

The device sports a 6.5-inch HD+ screen accented by a single punch hole design that not only maximizes the screen’s real estate but also offers eye protection that makes viewing experience on A53 more comfortable under the sun. With AI Brightness, the screen of the smartphone is equipped to automatically adjusts the backlight based on how it learns its user’s brightness preferences.

To further elevate mobile entertainment experience, A53 is equipped with a pair of Dual Speakers combined with Dirac 2.0 - the state-of-the-art digital sound correction technology that delivers a superior acoustic effect while gaming, listening to music or watching a film.

 

Supreme Power and Fast Performance

Powered by a large 5000mAh battery, A53 comes with a high battery capacity that can get you through the day until the evening on just a single charge. Paired with 18W Fast Charge, you can enjoy the day without worrying about running out of power.  OPPO A53’s Super-power Saving Mode further helps to extend the battery life of the smartphone through a series of power-saving strategies, while Sleep Standby Optimization performs ultra-power saving optimization at night.

 

To ensure fast performance, A53 comes packed with Qualcomm's Snapdragon octa-core 460 processor, which is among the first batch of octa-core SoCs announced in 2020 that offers an impressive mobile performance that's exceptional among its class for its speed and efficiency. A53 also sports 6GB+128GB and 4GB+64GB variants which can be expanded to 256GB through a 3-Card Slot that offers flexibility to store heavy data on the smartphone.

 

In addition to its powerful hardware, OPPO has introduced its first RAM+ Anti-lag Memory Optimization with the A53, which is an industry-leading anti-lagging algorithm. Available only in the 6GB Variant - It works by optimizing the algorithm to expand the cache storage on A53's RAM. Consequently, this can facilitate smoother operation of the system and eventually speed up the time it takes to open up an app. It also significantly increases the performance speed of A53 at a software level, even after prolonged use and running of apps continuously.

 

Experience that is Effortless and Efficient with the ColorOS 7.2

OPPO A53 comes with ColorOS 7.2 right out of the box, increasing the day-to-day usage efficiency of the user by giving them a fast and smooth experience. OPPO’s Music Party introduces a fun way to replicate surround sound and liven up any party by synchronously connecting multiple phones to the same LAN connection. The Multi-User Mode keeps the user's personal data safe and allows them to set up independent spaces to save password lock sensitive files. The exciting Icon Pull-Down Gesture on A53’s large screen helps the user to shrink app icons on the home screen with the help of their thumb while the Simple Mode enlarges app icons and fonts giving the user an experience basis their accessibility needs.

Outstanding and Comfortable Design 

Ergonomically designed to fit in one hand while offering a comfortable grip, OPPO A53 is perfectly crafted to pack a massive 5000mAh battery into a thin 8. 4mm enclosure. For an even more refined look, the 3D-curved Iridescent Wave Design of the device uses an integrated curved body. The device also integrates the Fingerprint Sensor into the back cover, enabling users to unlock phones easily and intuitively. To augment its premium look, A53 introduces new engraving and plating textures come in three different yet vibrant color options namely Electric Black, Fairy White, and Fancy Blue.

Capture Stylish Portraits with a Single Tap

Featuring a 16MP Front Camera and Intelligent Beautification algorithms, OPPO A53 is equipped to capture natural-looking selfies with stunning clarity regardless of the environment, skin tone, or lighting conditions. The device offers a Front Camera AI Beautification feature that automatically adjusts the skin tone to look natural and bright even in a dim environment. Users can also add make up effects matching their lip colour with Front Camera Smart Touch-up, or simply thin and smooth out their face and skin with the Front Camera Customized Beautification.

 

OPPO A53 also packs a 13MP AI Triple Camera set up on the rear of the phone, including a 13MP Main Camera, a 2MP Depth Camera, and a 2MP Macro Lens. Users can even zoom into the details and snap objects as close as 4 cm through its 2MP macro camera. The AI Triple Camera is also complemented by an array of stylish camera features including Portrait Bokeh, Dazzle Color Mode, and a dozen Stylish Filters that reconstruct colors within images for more vivid photographs and also adds a dash of flair to your daily photographs and videos.

 

Price, Availability and offers

OPPO A53 will be available for sale starting 25^th Aug, 2020.The 4GB+64GB variant will be available for ₹ 12,990 whereas the 6GB+128GB variant will be available for 15,490 in three color options - Electric Black, Fairy White, and Fancy Blue

 

The following exciting offers will be available to consumers in offline stores. Customers planning to purchase the device can avail a 5% Cashback Bank of Baroda Credit Cards & Federal Bank Debit Cards with No cost EMI upto 6 months along with exciting zero down payment finance schemes

 

 

About OPPO

OPPO is a leading global smartphone brand, dedicated to providing products infused with art and innovative technology. Based on the brand elements of young, trend-setting, and beauty, OPPO brings consumers superior experience of digital life through internet-optimized products that offer the best in class services. The brand started the era of Selfie beautification and has set itself apart by introducing the motorized rotating camera, the Ultra HD feature, 5x Dual Camera Zoom technology. OPPO's Selfie Expert F series launched in 2016 drove a Selfie trend in the smartphone industry. In 2017, OPPO was ranked as the number 4 smartphone brand globally, according to IDC. With more than 200 million consumers, OPPO's business has covered 40 countries and regions with 400,000 stores and has 4 R&D centers worldwide, providing excellent smartphone photography experience young people around the world. In 2018, with the launch of Find X, OPPO introduced a panoramic arc design with a screen ratio of 93.8%, the largest screen-to-body ratio in the mobile phone market today. In addition to this, OPPO recently introduced SuperVOOC flash charging technology with the launch of R17 PRO and strengthened its commitment to India by setting up an R&D center in Hyderabad with a focus on enhancing the smartphone ecosystem in India.

 

Medwin Healthcare introduces “SHYCOCAN”

 

Bengaluru, 25^th August 2020 : Necessity is the mother of all inventions. The COVID-19 pandemic has unlocked India’s vast potential in the field of life sciences and biotechnology. The pandemic has acted like a catalyst in nurturing an ecosystem of innovation within the country and expanding research and development. One of the ground-breaking products that has been an outcome of this is “Scalene Hypercharge Corona Canon” (SHYCOCAN), a scientific invention, truly one-of-a-kind device with the ability to contain the spread of coronavirus. Shycocan was introduced to the public today by Medwin Healthcare, a Kolkata based company that undertakes various projects related to healthcare and social engineering, through a virtual session. Medwin Healthcare is the International Humanitarian Agreement holder to manufacture and market Shycocan for India as well as for entire South Asia. Dr Rajah Vijay Kumar, the Inventor of Shycocan, eminent Indian scientist and Chairman & Chief Scientific Officer, Organization de Scalene and Scalene Cybernetics Ltd., Bengaluru along with Mr Debashis Bose, CEO, Medwin Healthcare & Mr Dhrubajyoti Bose, CFO, Medwin Healthcare were present during the virtual launch. 

 

Speaking on the workings of the device, Dr Rajah Vijay Kumar, Indian scientist and Chairman & Chief Scientific Officer, Organization de Scalene and Scalene Cybernetics Ltd., Bengaluru and the inventor of SHYCOCAN, iterated, “SHYCOCAN is proven to be 99.9% effective in neutralising the Spike-Protein or S-protein that are present in coronavirus. The device is designed to release a very high concentration of environmentally safe electrons using proprietary Photon-Mediated Electron Emitters (PMEEs) made with a superalloy developed by us, to emit and excite photons with the required kinetic energy.As the high energy photons bombard bulk surfaces and suspended particles in confined environments, the electron cloud actively ‘disarms’ air and surface transmission of the Corona family of viruses. Even if an infected individual were to walk into the room, these electrons would neutralise the potency of the virus present in aerosols while sneezing or coughing. We have received approvals from the US Food and Drug Administration (FDA) and the European Union Confirmite Europenne.” 

 

SHYCOCAN has fulfilled the conditions laid down by European Union- CE and the device is market enabled as per the U.S. FDA’s enforcement discretion guidance during the COVID- 19 Public Health Emergency. SHYCOCAN can be used to prevent infection and is not medicine or an alternative to a vaccine that can cure infected people. It has been designed by a team led by Dr Rajah Vijay Kumar, who had earlier designed Cytotron, a machine to treat cancer more effectively. The device is effective in closed spaces of up to 1,000 sq ft or in places up to 10,000 cubic metres, such as waiting rooms, offices, malls and other public areas. The basic principle behind the technology is to disable the homing mechanism on the virus and prevent infectivity. SHYCOCAN does not harm any living organism, be it a fungi or a human. It can be used in all environments and does not have any detrimental effects. SHYCOCAN does not alter or interrupt any other services and functions, be it telephone calls or internet connections. The idea of SHYCOCAN was born in December 2018, much before the pandemic hit, as a way to reduce any form of infection.  

 

During the virtual session, Mr Debashis Bose, CEO, Medwin Healthcare, said, “Medwin Healthcare has always endeavoured to help the society during these trying times. Throughout the pandemic, we have supplied various tools to authorities that can prevent the spread of the virus. We are extremely glad to be the International Humanitarian partners of SHYCOCAN. We are producing and distributing the devices across India. We are planning to sell around 1,30,000 SHYCOCAN device in the next six months. We intend to produce and distribute the device as widely as possible so that we can help humanity in the fight against this vicious virus. By the end of FY 21 we are looking for a revenue of 250 crore.” 

 

Mr Dhrubajyoti Bose, CFO, Medwin Healthcare further added, “SHYCOCAN will enable us to create a safer environment in homes, offices, healthcare facilities, schools, eateries, etc. The device has been priced, keeping in mind, that the maximum strata of our society can afford it. This Made in India, By Indians, device is bound to bring some respite. This will eventually result in lower coronavirus positive cases and help in flattening of the curve. It is a positive step towards the vision laid out by our Hon’ble Prime Minister Shri Narendra Modi about Atmanirbhar Bharat.” 

 

SHYCOCAN has been priced at INR 19,999 inclusive of GST and can be bought from the official website of Medwin Healthcare. ( For any queries, please visit www.medwin.co.in or dial 6292000000). SHYCOCAN works on a plug & play mode. Medwin Healthcare has two manufacturing units in Kolkata and one in Bangalore, Pune and Gurugram and will eventually start the distribution across the country and has plans to go abroad. 

 

Punjab National Bank Q1 FY-21 Financial Results

 

Bengaluru, 24th August 2020 : India’s second-largest public sector bank, Punjab National Bank, (PNB) hosted a virtual press conference to discuss its Q1 FY 2020-21 results.  Sh CH. S. S. Mallikarjuna Rao, MD and CEO of the Bank, briefly discussed with the Media PNB’s June-quarter results as well as the recent economic developments in the wake of Covid-19 pandemic.

 

While addressing the media, Rao said that overall, the economy would recover “more effectively” from October this year onwards and maintained the overall credit growth at 4-6 per cent, this fiscal.  He also spoke about MSME, QIP, net interest margin (NIM) besides other important economic and financial subjects.

 

 Here are major excerpts from the Press conference:

 

1.    Net profit of ₹308 crore - as against the expectation of a net loss - for June quarter.

2.    The Bank released key metrics for the merged entity (after amalgamating Oriental Bank of Commerce and United Bank of India).

3.    The outstanding provisions are down by 1.5% during the June quarter.

4.    Profit Before Tax down by 65%.

5.    PNB expects credit costs to remain around 2.5% for FY21

6.    PNB has guided that around 5-6% of its loan book may be restructured; the final figure would depend on the contours of the scheme - that the expert committee under Mr. K.V. Kamath prescribes

7.    Expects the overall economy to come back “far more effectively” from October 2020 onwards

8.    Maintains that overall credit growth would be 4-6 per cent, this fiscal; with this ambit, the MSME and retail segment will grow 8-10 per cent

9.    MSMEs are expected to do well as they will have a great opportunity from the restrictions on Chinese goods

10. Sectors like hospitality, tourism and aviation will take a longer period to bounce back

11. On the proposed asset restricting window, the bank board is expected to approve the scheme in the coming days and by September an idea will emerge on the number of accounts that will be eligible for this facility.

12. Not expecting the Bank’s Net Interest Margin (NIM) and Net Interest Income (NII) to get adversely impacted this fiscal despite the Covid-19

13. PNB plans to go in for Qualified Institutional Placement (QIP) by the end of the third quarter or early fourth quarter. There is no plan as of now to approach the Government for capital infusion.

14. PNB has a strength of 1.03 lakh employees and, as the business grows, this employee strength will further grow

15. PNB's loan book of Rs 30,000 crore has not opted for RBI's moratorium scheme (with only 20-22 per cent of account holders opting for it)

16. Following the merger of Oriental Bank of Commerce and Union Bank of India with PNB, there will be no retrenchment of employees

17. At the end of June 2020, PNB’s loan book size stood at Rs 7.21 trillion. So, the bank expects loans worth Rs 36,000-Rs 38,000 crores to avail the restructuring window provided by the RBI

18. Out of the total loan book of Rs 7.21 trillion, Rs 1.27 trillion belongs to the MSME category. Out of this, around 14 per cent is under the non-performing assets (NPA) category.

Aakash Educational Services Limited

 

Aakash Educational Services Limited emerges as one of the leading Offline to Online (O2O) players, registering tremendous online engagement post lockdown, finds a report by leading global market intelligence firm SimilarWeb

 

·       The report says, post lockdown “Aakash.ac.in, despite being an offline heavy player, has exhibited a tremendous change in DNA by observing significant growth in the online model.”

 

Bengaluru, 20^th August 2020 : According to a recent study conducted by SimilarWeb, a global web analytics market intelligence firm, Aakash Educational Services Ltd. (AESL), the national leader in test preparation services, has emerged as one of the leading O2O (Offline to Online) players to chronicle remarkable online engagement as a major offline service provider.

 

The report titled “Understanding the Impact of Coronavirus on E-learning”, released recently, took into consideration 35 top e-learning Indian websites to gauge the growth of ed-tech space over a period of one year. AESL website aakash.ac.in has featured in the Top Ten post lockdown performers in the last 28 days by registering a 2.96% share of online website traffic.

 

Commenting on the findings of the report, Mr. Aakash Chaudhry, Director and CEO of Aakash Educational Services Limited (AESL), said: “We are proud to be recognized as one of the foremost O2O players to register a tremendous and significant online engagement post lockdown. We are the pioneers who predicted the need for digital learning and started tailoring courses according to the requirement of the students. Without ever compromising on the pedigree of learning while upholding the position of providing best educational services on both the offline and online platforms.”

 

The SimilarWeb report finds that during the lockdown period, India has seen the maximum searches for online courses post lockdown, showing a realisation of upskill among others.