Archive: December 31, 2022

Quote on Hiring Trends – 2023 – Sashi Kumar – Head of Sales, Indeed India

“2022 has been characterized by various shifts in the workplace – from trends like quiet quitting to moonlighting gaining prominence. Going into 2023, it is evident that employees are prioritizing mental wellbeing and work life balance amidst the various fluctuations that are occurring in the world of work. As organizations wait to see how global movements affect the Indian jobs landscape, it’ll be integral for them to also relook at workplace culture and the current sentiment at work, in order to retain talent

Overall, employers are optimistic about their hiring activity during 2023 – with 45% of employers surveyed foreseeing upto a 20% increase in hiring. We expect tech roles to continue to be in demand across various sectors.

The other big trends we will see is hiring for more roles with Indeed’s data showing that a 9-11 million strong gig workforce is in the making in the next three years. Our data also revealed that over the next 5 years SMBs in India will create close to 1 to 2 million jobs – 42% of employers surveyed agree to this statement given the rate at which SMBs are growing in India.” – Sashi Kumar – Head of Sales, Indeed India

Intimation of closing date for acquisition of Ford India’s Sanand plant by Tata Motors

Bengaluru, December 2022: Tata Passenger Electric Mobility Limited (“TPEML”), a subsidiary of Tata Motors Limited (“TML”), and Ford India Private Limited (“FIPL” and together with TPEML, “Parties”) had executed a Unit Transfer Agreement on August 7, 2022 for acquisition of FIPL’s manufacturing plant situated at Sanand, Gujarat, which inter-alia includes: (i) entire land & buildings; (ii) Vehicle Manufacturing Plant along with machinery and equipment situated therein; and (iii) transfer of all eligible employees of FIPL’s vehicle manufacturing operations at Sanand, for a total consideration, exclusive of taxes, of Rs 725.7 Cr (Seven Hundred Twenty Five Crores and Seventy Lakhs) (“Transaction”).

Pursuant to the fulfilment of the necessary condition precedents for the transaction, including receipt of relevant government approvals, the Parties have decided to proceed towards completion of the Transaction on 10th January 2023.

Tata Motors Passenger & Electric Vehicles business has delivered market beating growth over the last few years and has strong plans to sustain this momentum, with its robust pipeline of future ready “New Forever” products and proactive investments in electric vehicles. With existing capacities near saturation, this acquisition will unlock an additional state-of-the-art manufacturing capacity of 300,000 units per annum which is scalable to 420,000 units per annum.

As part of the transaction, all eligible employees of FIPL’s vehicle manufacturing plant have been offered employment with TPEML on terms, conditions and benefits of service similar to those that are currently availed by them. TPEML would like to take this opportunity to extend a warm welcome to all the eligible FIPL employees who have accepted its offer of employment and who shall become TPEML employees with effect from 10th January 2023.

TAFE acquires FAURECIA, the Indian interior systems business of FORVIA – the French global automotive supplier

December 2022 | Chennai: In a recently concluded deal, TAFE – Tractors and Farm Equipment Limited, an international tractor major with a well-established engineering plastics business, supplying exterior and interior automotive engineered plastic components as a full service provider to the automotive industry in India, acquired FAURECIA’s Indian interior business of Group FORVIA, serving major automotive customers that include Mobis-Kia, Mobis-Hyundai, Volkswagen, FCA and TATA.

The deal covers FAURECIA’s operations at Chakan – Maharashtra, Anantapur – Andhra Pradesh and Tamil Nadu. The transaction with respect to Chakan and Anantapur has been completed and the Tamil Nadu operation is expected to be concluded shortly.

The integration of TAFE’s plastics business with FAURECIA’s interior systems business offers synergistic benefits to all its customers. TAFE’s current customers include Toyota, TVS Motors, Hyundai, Kia, Renault Nissan and GE Medical Systems. TAFE with its state-of the-art tool room possesses world-class tool design and production capability. FAURECIA, as a part of this deal, will continue to support TAFE and its customers with the acclaimed FAURECIA design capabilities. With complementary capabilities coming together TAFE will now offer an enhanced value proposition to its customers that includes cutting edge product design, precision tooling design and manufacture, and superior quality, that TAFE has been recognized for.

Mallika Srinivasan, Chairman & Managing Director – TAFE, said, “TAFE is encouraged by the strong synergistic opportunities that this acquisition offers. We value our relationship with our customers and thank them for the encouragement and support , and would like to reiterate our commitment to our customers towards the highest standards of design quality and service. Technology, innovation and manufacturing excellence will drive our journey forward”.

Quote by Bespoke Tailormade Experiences & Brightsun Travel pvt ltd

Mr. Sandeep Arora, Head of Brightsun Travel Private Limited, India says, “The Year 2023 is all set to see ‘Revenge Tourism’ at its best with people aiming for more adventurous and wilder experiences, while choosing their activities and destinations. There is a pick-up in all travel modes, especially on-land travel by cars and domestic destinations. People value their experiences more together with families and are opting for ‘No Work Vacations’. While the recent outbreak of COVID may make the travellers a bit weary, we do not predict any cancellation, rather holiday-makers are taking measures from their previous COVID experience to keep themselves safe.”

Ms. Chhavi Chadha- Founder, Bespoke Tailormade Experiences says, “With all the talk about Covid around us, I urge everyone to stay calm and not be intimidated by travel. After 3 years of the pandemic, we must acknowledge that life cannot come to a halt, everytime there is a scare. Follow the right safety protocols and navigate through the restrictions, and make 2023 a year of meaningful travel. I want to encourage everyone to look at travel as more than just a leisure activity. It is something worth investing your time in because if planned right, there is so much one can gain from travel in terms of growth and new perspectives. Make it a year of new discoveries, togetherness and gratitude. And just know that we’ll be right here, helping you plan the very best of it.”

5 Agritech companies in India to watch out for in 2023

The agriculture industry is gradually transforming into the next high-tech sector. Technologies like blockchain, artificial intelligence, and computer vision are being leveraged to improve crop yields, supply chains, and sustainability. Due to its potential, total investments in the agtech sector for 2021 reached $10.5 billion. The global agricultural industry is ever-growing, with new seeds of innovation. From increased global food consumption to the climate crisis, there are numerous reasons why it is so essential for the world of agriculture to keep ahead of the climate crisis. Here is the list of the agritech startups to look out for 2023.

1. AgNext – Established in 2016 by Mr Taranjeet Singh Bhamra, CEO & Founder, AgNext aims to facilitate trust and transparency in food value chains. By using deep-tech solutions in the agriculture sector to solve persisting legacy issues, AgNext aims to facilitate trust and transparency in food value chains. Working in Deep technology, AgNext under Taranjeet’s leadership has pioneered computer vision, spectral and IoT based AI technologies, which today are employed at multiple transaction points enabling transparent and profitable trade in agriculture and food value chains.
2. Unnati – Unnati, conceptualized and co-founded by Mr Amit Sinha & Mr Ashok Prasad, is a fintech based Agri platform which aims to minimize the risks in farming and ensure much-needed transparency in the farming business. Unnati’s founders recognised the difficulties farmers experience as a result of farming’s lack of predictability and regular access to production inputs and information. Digital technology has the potential to play a key role and deliver immediate answers in this situation. Their objective to connect farmers to a single digital platform that supports farm entrepreneurship has been their driving force, resulting in the development of a complete ecosystem for farm entrepreneurs. From Unnati financial services to crop-specific consultancy, the brand works with farmers at every stage of the farming life cycle to ensure a sustainable future.
3. Agribazaar – Founded in 2016, the idea behind AgriBazaar is to deliver tech-enabled future-ready solutions to the farming community in a frictionless manner and revolutionize the way post-harvest management services are processed across the country. It is this vision that empowered AgriBazaar to facilitate INR 9000 crore (GMV) worth of transactions since its inception, making it one of India’s largest online agri-trading marketplace.
4. Aquaconnect – Founded by Rajamanohar Somasundaram, Aquaconnect is a full-stack aquaculture platform with embedded fintech that uses Satellite remote sensing and Artificial Intelligence to enable aquaculture farmers, retailers, and seafood buyers increase access to formal credit, farm inputs and post-harvest markets. Their unique tech solutions supercharge the entire aquaculture value chain and help build predictability and transparency into the value chain thereby making it efficient. Aquaconnect is funded by HATCH-Norway, India’s pioneer Agritech VC Omnivore, Japan’s Rebright Partners, Flourish ventures, AgFunder, 6G Capital, Trifecta Capital and Lok Capital.
5. Fasal – Fasal started with a simple idea – Removing guesswork from farming. 2018 was where Fasal started the journey with just four team members and now we are on our way to impact Indian Agriculture in a big way! Since its inception, Fasal has helped its numerous farmers reduce cost of cultivation and increased quality and yield, through our AI powered platform for horticulture, delivering farm specific, crop specific, crop-stage specific, actionable advisory. We propagate sustainable agriculture and our solution impacts the social, economical and environmental facets, hence making a big impact on the UN’s Sustainable Development Goals.

The Khaybar Volcano Camp Offers a One-of-a-kind Eco-lodge to Experience the Epic Lava Fields of Ancient Arabia

AlUla, Saudi Arabia – December 2022:
Khaybar Volcano Camp, a new luxury eco-lodge concept, will officially open to visitors on December 15, 2022 in the recently opened up region of Khaybar, Saudi Arabia. Built on the landscape of extinct volcanoes, the Khaybar Volcano Camp will operate for an initial limited duration closing in April 2023.
It is situated in one of the most spectacular and untouched places on earth. Now being excavated by the world’s leading archaeologists, the discoveries of the Khaybar Harrat region are helping to form new theories about ancient Arabia and civilisations of the past.

In the heart of one of the largest and rarest lava fields in the Kingdom, Khaybar Volcano Camp’s guests will tread where Arabia’s earliest human settlements left their mark. During a curated journey, guests will explore one of the most expansive and important archaeological projects in the world, full of prehistoric monuments, rare geological landmarks, lush oases, and lava caves that have existed for millions of years. With the opening of the Khaybar Volcano Camp, the region will be accessible to travellers who desire a full immersion in this awe-inspiring part of the world.

Located in Harrat Khaybar, the first-of-its-kind eco-lodge will offer guests a chance to experience the extraordinary by day, and the otherworldly by night in a cinematic landscape. Staying in stunning accommodations and enjoying meticulously prepared culinary fare, guests will be inspired by cultural activities, mythical storytelling, evening stargazing, wellness programming and superlative excursions like balloon flights, trekking to geological wonders and touring the ancient ruins. The unique Khaybar Volcano Campgifts travellers with an unparalleled adventure like no other.

The ten luxury tented suites feature exquisitely designed interiors, including modern furnishings and bespoke comforts. Khaybar Volcano Camp also offers guests upscale details such as supremely comfortable beds and luxe amenities. Built harmoniously into the dramatic landscape, the colour scheme compliments the surrounding stark black basalt and white volcanic craters. Each room features private wooden decks where guests can view the surrounding vistas, epic sunrises, and illuminated evening skies.

The camp will offer traditional Saudi Arabian cuisine, along with daring and delectable menus created by legendary restaurant and event group Shale Hill, a highly-respected restaurant and event group helming some of New York’s most distinguished and intriguing food venues. Additionally, the camp’s private fleet of cars will be available to transport guests to and from their airport and hotel, as well as on their various local excursions.

Rates will start at 1,200 SAR a night for a once-in-a-lifetime adventure where silence, stars and wonder reign supreme.

The opening of the Khaybar Volcano Camp is part of a sneak peek into the oasis regions of Tayma and Khaybar, which together with AlUla form part of a fascinating trilogy of ancient linked cities on the route of the famous Incense Road. The experience in Khaybar includes the opportunity to see intriguing prehistoric burial structures that dot the landscape from a tethered hot air balloons and/or helicopter. Also a visit to the AlRawan vantage point overlooking the old town and oasis, adventure trails through the Umm Jirsan lava tubes and caves, and the stories from The Skies, an aerial spectacular that brings together drones, narrative and landscape as night falls.

Be the show stealer this holiday season with the best street style and party outfits, accessories and fragrances just for you

Green Full Sleeve Puffer Jacket
Latin Quarters – www.latin-quarters.com

You are a “rock chick” kind of girl that likes to stand out in the crowd but really shines with your sense of style! We have your back. Grab this one-of-a-kind green full-sleeve puffer jacket and dress it up with a long skirt with a side slit, thigh-high boots, or heels. If you’re a gal with a keen sense of style, we have the perfect outfit to match your charm!

Brown Sleeveless High Low Dress
Latin Quarters – www.latin-quarters.com

If you’re looking for something elegant but subtle. You’re looking for a dress that will highlight your positive attributes, flaunt those beautiful curves, and make you stand out. We offer the ideal solid, brown, sleeveless high-low dress that gives your body a classic fit. The comfortable Polyester Crepe fabric makes it apt for all seasons. Layer it with an off-white furry jacket to save yourself from winter chills and put your best foot forward with the high heels in your closet. You’re all set to make a splash at the party, gal!

Green Solid Dress With Half Sleeve
Latin Quarters – www.latin-quarters.com

Green is one of the season’s favorite colors and Latin Quarter has just the best dress to match this trend and glam you up. This green dress is all you need to put on and with the right hair and accessories, you can rock this outfit at all parties. If you are worried about your night out with your friends and what to wear during the new year and Christmas parties, keep things classy with this beautiful Latin Quarter dress.

POLL-LOCK

Arnette (Essilor Luxottica) – Tatacliq and Amazon

Born to create, Zayn Malik knows exactly how to color-up smart with every tone of cool. Softening a retro square with unexpected angles and custom, color-flecked havanas or trendy crystal, this personality-packed optical shape gets smart ready to play. And it’s more than just hype – new sustainable bio-based acetates and packaging make sure it’s as easy on the eye as it is on the earth.

POLL-LOCK

Arnette (Essilor Luxottica) – Tatacliq and Amazon

Whichever way you look at it, creative is the new hype, and Poll-ock Whichever way you look at it, creative is the new hype, and Poll-ock has it framed. With its fresh angles and new pop-goes-street color concept, this retro-goes contemporary sun shape is anything but old-school. Pair up new custom bio-acetates, including four colorful reworks of classic havanas or super trendy crystal frames, with new blue-purple mirror, must have yellow and dark lens shades for a total ZAYN x ARNETTE look.

After Dark
Ustraa – Ustraa.com

After Dark is a must-try that is recommended for use at night or for your evening outings. It has a unique composition and is a strong, intense fragrance. If you want strong, lingering fragrances, After Dark is for you. It is a deep, seductive, and searing scent. This magic bottle will make you smell amazing for a longer period because it contains 3X more fragrance compared to any deodorant.

Ammunition Cologne
Ustraa – Ustraa.com

Explore this enchanted bottle of Ammunition Cologne, which has a rich and enigmatic scent. Men who like to work hard and party harder will benefit most from this long-lasting scent for men. This bottle has the perfect balance of cool and dark notes. Keep this perfume close to you in case you have last-minute plans for a party. You won’t regret it; we guarantee it!