Connect with us

News

Mahindra and Ford Announce Strategic Cooperation

Published

on

Ford Mahindra

Designed at leveraging the benefits of Ford’s global reach and Mahindra’s scale in India and successful operating model, Mahindra Group and Ford Motor Company announced a strategic alliance.

DEARBORN, Mich. (Diya TV) — Designed at leveraging the benefits of Ford and Mahindra’s strengths, Mahindra Group and Ford Motor Company announced a strategic alliance.

A Sept. 18 announcement by Ford says the “agreement between the two companies will allow each to leverage their mutual strengths during a period of unprecedented transformation in the global automotive industry.”

Areas of cooperation include:mobility programs; connected vehicle projects; electrification; product development; sourcing and commercial efficiencies; distribution within India; improving Ford’s reach within India; and improving Mahindra’s reach beyond India.

“Ford is committed to India and this alliance can help us deliver the best vehicles and services to customers while profitably growing in the world’s fifth largest vehicle market,” stated Jim Farley, Ford executive vice president and president of Global Markets.

Ford and Mahindra will work together for a period of up to three years. Following that the period may be extended.

“The changes facing the automotive industry globally are triggered by the accelerated rise of new technologies, sustainability policies and new models of urban shared mobility. Given these changes we see the need to anticipate new market trends, explore alternatives and look for ways to collaborate even as we compete and build powerful synergies that will allow rapid exploitation of the exciting new opportunities …,” said Dr. Pawan Goenka, managing director, Mahindra and Mahindra.

Mahindra is one of the leading utility vehicle manufacturers in India for over 70 years.

Mahindra owns a majority stake in Ssangyong Motor Company in Korea and is developing products like the GenZe – the world’s first electric connected scooter.

Ford is one of the largest exporters of cars from the U.S., manufacturing and exporting vehicles and engines from its manufacturing facilities in Chennai, Tamil Nadu and Sanand, Gujarat. India is also the second-largest Ford employee base globally, with more than 14,000 people working across the Ford India and Global Business Services operations in New Delhi, Chennai, and Coimbatore.

The Mahindra Group is a $19 billion federation of companies focused on “innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities.”

It is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, components, commercial vehicles, consulting services, energy, industrial equipment, logistics, real estate, steel, aerospace, defense and motorcycles. Mahindra employs over 200,000 people across 100 countries.

Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles. Ford employs approximately 203,000 people worldwide.

The two companies had a brief 1995 partnership for manufacturing the Ford Escort. However, after three years, the partnership ceased.

News

Google launches mobile payment App Tez tailored to Indian users

Google launches mobile payment App Tez tailored to Indian users

Published

on

By

Tez

Following vast speculation, Google officially launched a mobile payment platform for the Indian market, called Tez.
Available for Android and iOS users in India, Tez initiates Google’s entry into the mobile payment industry in India.

MOUNTAIN VIEW, Calif. (Diya TV) — Following vast speculation, Google officially launched a mobile payment platform for the Indian market, called Tez.

Available for Android and iOS users in India, Tez initiates Google’s entry into the mobile payment industry in India. The app allow users to link their smartphones with their bank accounts and pay for goods and services online and at traditional brick-and-mortar stores.

Users can also make person-to-person instant money transfers, similar to PayPal.

With Tez, users pay directly from their bank account, using a Unified Payments Interface. Currently, the app works with all major banks, including Google partners Axis, HDFC Bank, ICICI and State Bank of India.

Tez is not a mobile wallet like PayTM and MobiKwik. Rather, instead of users storing money, it works more like Apple Wallet, linking the bank account, allowing payments to be deducted from the account.

According to Tez, it’s Tez Shield built-in security “helps to detect fraud, prevent hacking, and verify your identity.” Each transaction is secured with the user’s UPI PIN. Additionally, the app is secured with a Google PIN or a screen lock method such as fingerprint.

Tez says the app has partnered with a myriad of apps and vendors, including RedBus, PVR, Domino’s, Dish TV and Jet Airways. The app supports multiple languages: English, Hindi, Bengali, Gujarati, Kannada, Marathi, Tamil, and Telugu.

Business owners can use the Tez with their current account to start accepting digital payments. Payments will go directly to their bank accounts “without any additional cost incurred for the transaction.”

During a launch event in Delhi, Caesar Sengupta, the head of Google’s Next Billion program said the app “works with the vast majority of Android smartphones in the country.”

The app launch took place on Sept. 18 with India Finance Minister Arun Jaitley saying, “Tez by Google is perhaps the simplest form of monetary transactions.”

Since launching on Google Play and iTunes store, the app has received positive reviews by users. On the Android platform, of nearly 15,000 reviews and over 100,000 users, the app has a 3.8 star rating, with over half of the reviews being 5-star. On the Apple platform, Tez has a 4.5-star rating with 15 reviews.

Continue Reading

Featured

Duke University Opens India office in Bengaluru

Duke University Opens India office in Bengaluru

Published

on

By

Duke University India

North Carolina-based private research university Duke University recently opened an India office in Bengaluru to foster its collaborations with Indian universities and organizations.

DURHAM, N.C. (Diya TV) — North Carolina-based private research university Duke University recently opened an India office in Bengaluru to foster its collaborations with Indian universities and organizations.

Duke University India “aims to expand the existing Duke-India partnerships, which include academic exchange programs and research collaborations,” Duke Today reported.

https://youtu.be/SLGE2vf-hTo

According to the report, the University’s current partners in India include NITI-Aayog, the Center for Environmental Planning and Technology University in Ahmedabad, Narayana Health City, IIM – Udaipur, IIM – Ahmedabad, and IIT- Gandhinagar.

Duke hosted a launch event on Sept. 18, celebrating the commencement of operations, featuring a conversation between Dr. Michael Merson, vice president and vice provost for global affairs at Duke and Dr. Devi Shetty, chairman and founder of Narayana Health.

“I think we cannot think of education if we don’t think of global education,” Namrata Jha, executive director of Duke University India said in a video posted by Duke Global. “Duke University has opened a new office in India, based in Bangalore to create more partnerships – research collaborations, university partnerships, more student exchange, faculty exchange, going to India and understanding about Indian culture, more student exchange, faculty exchange, going to India and understanding about Indian culture, learning from the community, giving back to the community. And my team at Duke University’s office in India will be working with faculty at Duke to make that happen.”

“India is unique. While it has lots of challenges, it is also a hub of intellect, of forward-looking thinking, young minds. It’s a fertile ground for doing something groundbreaking in this world. If the technological innovation and great minds of Duke University could tap into the young minds of India, I think we can create wonders,” she added.

Duke University is located in Durham, North Carolina.  More than 430 Indian students are currently enrolled there and nearly 700 Duke Alumni live in India.

Continue Reading

News

8th annual Chicago South Asian Film Festival focuses on women in cinema

8th annual Chicago South Asian Film Festival focuses on women in cinema

Published

on

By

Chicago South Asian Film Festival

The eighth annual Chicago South Asian Film Festival features a diverse schedule, including a pre-festival screening of “Signature Move” and an exclusive Q&A with acclaimed actor Shabana Azmi (pictured), Fawzia Mirza and director Jennifer Reeder as well as a “carefully curated collection of independent films, shorts, documentaries, events and discussions will create the Red Carpet performances.” Photo courtesy of YouTube.

CHICAGO (Diya TV) — The eighth annual Chicago South Asian Film Festival features a diverse schedule, including a pre-festival screening of “Signature Move” and an exclusive Q&A with acclaimed actor Shabana Azmi, Fawzia Mirza and director Jennifer Reeder as well as a “carefully curated collection of independent films, shorts, documentaries, events and discussions will create the Red Carpet performances.”

“Signature Move” is a hilarious and heartfelt look at modern families and the complexities of love in its many forms,” telling the story of Zaynab (Mirza), a 30-something Pakistani, Muslim, lesbian lawyer living in Chicago who begins a new romance with Alma (Sari Sanchez), a confident Mexican-American woman. Zaynab’s recently widowed mother Parveen (Azmi) has moved in and spends her days watching Pakistani TV dramas while searching for a potential husband for her only daughter. Alma’s mother, Rosa (Charin Alvarez), is a former professional Luchadora which Zaynab finds fascinating as she has recently taken up lucha-style wrestling training with a former pro wrestler, Jayde. Zaynab tries to keep both her love life and her wrestling a secret from her Muslim mother, who knows more than she lets on.

The three-day festival takes place September 20 through October 1 and is the largest of it’s type in the Midwest. Over 25 films will be presented in downtown Chicago, at the Showplace ICON Theater in the South Loop, at DePaul University’s School of Cinematic Arts in the loop, and in Oakbrook, at the Oakbrook AMC Theater.

The central festival theme is “Women in Cinema”. Shabana Azmi and Rajkummar Rao will walk the Red Carpet qith Azmi will be presented with a Lifetime Achievement Award.

Opening Night will close with the Chicago premiere of Newton by director Amit Masurkar and includes performances by Rajkummar Rao. Newton premiered at the Berlin Film Festival to rave reviews earlier this year.

“The Festival creates an innovative cultural and cinematic experience for Chicagoans and visitors alike. Through the gift of film, the Chicago South Asian Film Festival invites all to share and enjoy the magic of cinema and true cultural exchange. The City is proud to host this extraordinary partnership between the South Asian community and the arts and entertainment industry,” says Chicago Mayor Rahm Emanuel on the event website.

The Festival features films from Afghanistan, Bangladesh, Bhutan, India, Iran, Maldives, Nepal, Pakistan, Sri Lanka and Tibet. Films from Cambodia, Indonesia, Laos, Malaysia, Singapore, Thailand and Vietnam have also received a platform at CSAFF.

The Festival was founded in 2010 by Amit Rana, Mileen Patel and Ketki Parikh with the support of Vachikam Inc. and the Network of Indian Professionals. The inaugural event attracted over 1,300 attendees including filmmakers Aparna Sen, Deepti Naval and Ajay Naidu.

Additional South Asian film talent participating include Askhay Oberoi, Fawzia Mirza, Shahana Goswami, Barun Sobti, Adeel Hussain, Mehreen Jabbar and Aparna Sen.

Visit http://www.csaff.org for more information.

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.