ROOT» Category: Latest

~ Round shaped nachos for every occasion~

New Delhi, November 19, 2017 : Happiness comes in all shapes and sizes. Cornitos, the popular nachos brand of Greendot Health Foods Pvt Ltd has come up with Round Nachos for its fans – the new snack innovation by the brand.

Going by the name, Cantina (Restaurant) style nachos are round in shape and a bit different from its peers. The flavor of these crisps is naturally salted which can be customized into innovative recipes for house parties. It can also be used to make Nacho Canapés and favorite Indian snacks like Nachos Bhel, Papri Chaat, etc at home.

Cantina Nachos are gluten free, Zero Transfat and Zero Cholesterol. They are baked / cooked in corn oil to golden brown, making it crispier and healthier.

Price: Cantina Classic Round: 250 g Pack: Rupees 150.

Availability: It is available in all retail outlets across India.

Corporate Comm India(CCI Newswire)

ROOT» Category: Latest

50,000 School Children to form biggest ever human flag on November 18

Bengaluru, November 19, 2017: The city is soon to witness a monumental event wherein thousands of school children will join hands to symbolize their fight against child abuse. The mega awareness movement ‘Raksana’ is organizing an event on November 18, 2017 to stand against any forms of physical and emotional abuse, neglect, child trafficking, discrimination, and child labour. It will be the largest initiative organized for child protection against the abuses faced within the family, community, society and psychologically.

The spotlight of the event will be that for the very first time, more than 50,000+ school children will come together to form the largest Human Flag with a tagline of STOP Child Abuse. School children aged between 12 to 15 years across Bengaluru to sing the National Anthem and be the largest human body percussion ensemble as well.

Organized by VForce Media and marketed by Breathe Entertainment, the event will take place on 18th November, Saturday 2017, at Kittur Rani Chennamma Stadium, Jayanagar Bengaluru. Charity Partners for the event are Faith Foundation who is working towards creating awareness on child abuse and rights by conducting workshops to create further awareness on the issue.

Announcing the movement at the Press Meet, Mr. Saravana Kumar, Founder, VForce Media said, “This is an event to symbolize a beginning towards the safe and rightful future of children. No child should be left out as this is a moment of pride. It is a movement to show to people that this is no more an issue that will be ignored. This is only an initiative towards bigger and better change that we hope to bring about over time.”

According to National Commission for Protection of Child Rights (NCPCR), as many as 94,172 cases have been reported in 2016 across the country. Since 2016 over 1,500 minors have been assaulted in the national Capital.

Addressing the Press Meet, Mrs. Usha Mohan, Organising Committee Chairperson, said “Child abuse is rampant in our society, it's important to create safety awareness in the school as well as in the community. It’s my humble request with parents to send their children to represent their schools on 18th November to be part of this safety campaign. Together let’s create a safe environment for our children to cohabit and live in peace.”

Earlier this month, Honorable Chief Minister of Karnataka ShriSiddaramaiah also lent his support to the cause by signing a petition to stop child abuse. Honorable Home Minister of Karnataka ShriRamalinga Reddy and popular Kannada Film Actor Shiva Rajkumar have also extended their support for the cause.

Supporting this entire movement, Ms. RaginiDwivedi, Popular Film Actress of Kannada Cinema said “Children should only be treated with care and compassion. And through this initiative we hope to bring awareness to an issue that is often neglected.”

Highlighting the purpose of the event, Mr. Kishore Joseph, Director, Breathe Entertainmentsaid, “As a society, we must break the cycle of silence and speak up for child rights. The sole objective is to make the society to work in tandem to create a world without child abuse, neglect, and discrimination. Raksana provides an unprecedented opportunity and a quintessential platform for children to voice out for their fundamental rights.”

Also present at the press conference were Mr. Nagaraju ,Corporator, Jayanagar, Mr. Ravinder Paul Singh, Technologist & Angel Investor, Dr. Elvis Joeph, Founder, Bangalore School Foundation, Ms.VaniKumariGowda, CFO, VForce Media, Mr. Madhu H.S Project Director Raksana and Mr. PruthviBanwasi, Secretary Karnataka Council of Pre Schools.

For more Information log onto - http://www.raksana.org/about.html or call: 9880475321, 9483537475,8861716695

Corporate Comm India(CCI Newswire)

ROOT» Category: Latest
Bangalore, November 19, 2017: Excelity Global , India and Asia Pacific’s largest payroll service provider, announced the launch of Excelia - an AI-powered chat assistant that addresses employee queries. Excelia manages specific processes, such as employee onboarding, training and information gathering and frees HR departments from much of the monotonous work that commonly keeps them from the core of their jobs. It taps into the Excelity’s central human resources (HR) information system and allows the 'bot' to give “ instant and individualised responses” specifically tailored to an employee's unique profile.

The interactivity and personalization available within Excelia via the contemporary conversational interface makes it an ideal choice for employee engagement and interaction across multiple business verticals. It is designed to be easily customizable, allowing users to complete everything from simple tasks to automating complicated workflows. Excelia uses machine learning and artificial intelligence to adapt to various tasks.

Sumit Sabharwal, Managing Director (India & SAARC), Excelity Global said , “ We are always exploring new initiatives that make employee experience and engagement superior. For employees, chatbots deliver an unmatched level of employee experience, from real time answers for HR questions to personalized learning and development .” The bot, currently accessible for Excelity’s staff, provides access to a range of HR resources, such as support for common HR functions such as viewing pay slips, viewing tax reports, highly-personalised responses based on user’s profile and pre-trained common HR queries, access anytime anywhere, handling multiple users at the same time among others.

“ Excelia is an intelligent Chatbot provide automated solutions to tedious tasks, such as password reset, viewing payslip or tax reports, by making them as easy as sending a text or giving a spoken command ” said, Sudheer Noohu, Chief Platform and Technology Officer, Excelity Global.

AI implementations are set to explode within the next three years, with the global artificial intelligence market forecast to reach more than US$47 billion by 2020. “ Excelia is yet another example of our deep and 20 years long-standing commitment to automation that enables businesses run better, grow faster and co-create value for all employees ,” added Sabharwal.


ROOT» Category: Latest
Second study in 3-part series reveals deep concerns on how to prepare next-generation workforce

New York, November 19, 2017: Contrary to recent headlines about an artificial intelligence (AI) apocalypse, very few workers fear AI will take away their jobs, finds a new study from Genpact , a global professional services firm focused on delivering digital transformation. The survey of more than 5,000 people from across the United States, United Kingdom, and Australia also shows a striking gap in views about AI's impact on their current roles versus the expected impact on the future workforce.

Only 10 percent of people surveyed strongly agree that AI threatens their jobs today; however, nearly everyone (90 percent of respondents) believes younger generations need new skills to succeed as AI becomes more prevalent in the workplace. The research underscores how businesses need to prepare their employees for AI— yet very few are doing so.

"Artificial intelligence brings a seismic shift in the future of work – making some roles obsolete and enhancing others, while at the same time, creating new jobs, and even spawning new professions," said Sanjay Srivastava, chief digital officer, Genpact. "Our research shows that employees want and need additional skills to embrace these opportunities – and companies must respond. Businesses that will succeed in this new world will be those that ramp up fast to invest in the right AI tools and upskill their workforce."

The global study represents a broad range of education and income groups. A little more than half of respondents (54 percent) are classified as workers, being employed at least part-time, while the remainder are students, retired, or currently unemployed. This workforce survey is the second in a three-part Genpact research series, designed to create a comprehensive view on AI adoption, readiness, and impact across three critical and disparate communities – the C-suite, the workforce, and consumers. Combined, these results give businesses valuable insights on how to succeed with artificial intelligence. The first study , published in September 2017, explores the C-suite perspective. Genpact will release its consumer findings later this year.

What, me worry?

While only 28 percent of all respondents worry about artificial intelligence's threat on their current jobs, most (58 percent) fear AI's impact on their children's and future generations' career opportunities.

A third of workers surveyed worry that they will not have the money or time for necessary retraining to help them work with AI. These fears may be valid, considering that Genpact's study of senior management, the first in the series, reveals that nearly one in five businesses have no plans at all to reskill their employees. Only a quarter of companies currently help their employees take advantage of AI, and just a little more than a third provide reskilling to address technology disruption.

Mind the training gap

When considering new skills people think they will need, and where they will get them, few survey respondents look to advanced degrees. They cite relevant primary and secondary education in subjects that will prepare younger generations for a future AI-focused workplace as more important than higher education. In addition, almost half (45 percent) of those surveyed believe future generations will need more on-the-job training via human-machine interactions.

Half of all respondents also cite the ability to adapt to change as the top quality necessary to succeed in an environment with an increasing AI presence. Moreover, most people value critical thinking, problem solving, and creativity over technical skills like coding, statistics, and math.

Bring on the bots?

Forty percent of all workers surveyed indicate they would be comfortable working with robots within the next three years. In contrast, Genpact's senior management study indicates that nearly 80 percent of global companies that are AI leaders believe their employees will work comfortably with robots in the same time frame. This gap points to potential challenges for businesses to realize AI's benefits. Still, most employees see positive impacts from AI in the workplace. They cite time savings and reduction in human errors as among top benefits, and younger generations acknowledge these advantages even more prominently.

"The big question is how to effectively encourage and adopt human-machine collaboration," said Srivastava. "And the key is in a top-down culture that embraces AI, learning, and training at all levels, within a comprehensive change management framework."

See The workforce: Staying ahead of artificial intelligence for more details on this study. For views from the C-suite, read the first report in the series, Is your business AI-ready?

Corporate Comm India(CCI Newswire)

ROOT» Category: Latest

Rome, November 19, 2017: The International Fund for Agricultural Development (IFAD) and the Government of Pakistan have signed an agreement today to improve livelihoods, living conditions and income-generating capacity for 320,000 poor rural households in Pakistan. The programme will be implemented nationwide.

The financial agreement for the National Poverty Graduation Programme was signed today by Michel Mordasini, Vice-President of IFAD, and Nadeem Riyaz, Ambassador and Permanent Representative of the Islamic Republic of Pakistan to Italy.

The total cost of the programme is US$149.8 million of which IFAD is providing $82.6 million. The programme is aligned with Pakistan's policies on poverty reduction and social protection, notably with the Government's Vision 2025 – committing to halve poverty by 2025.

"The programme includes social mobilization, livelihood development and financial inclusion components. It combines support for immediate needs with a longer-term plan, shifting households out of extreme poverty by providing access to a package of assets that include social services, vocational training and interest-free loans," said Hubert Boirard, Country Programme Manager, IFAD.

Based on the Pakistani government's national poverty scorecard, 30 per cent of the total population (59 million people) have been defined as poor and 61 per cent of the population lives in rural areas where income levels are low and employment opportunities are limited.

The new programme, covering 17 districts, will focus on the "ultra-poor" segment of the population residing in rural areas. The programme will aim to provide a combination of safety nets and sustainable livelihood opportunities. Participants will receive support through skills development, business literacy training and access to credit. The programme will also help to promote economic empowerment by offering men and women equal access to participating in profitable economic activities.

A specialized United Nations agency and international financial institution, IFAD has financed 27 rural development programmes and projects in Pakistan since 1978, with a total IFAD investment of $730 million or $2.51 billion when co-funding from the Pakistan government and others are included. These projects have directly benefitted more than 2.4 million rural households (approximately 17 million people).

Corporate Comm India(CCI Newswire)

ROOT» Category: Latest

New Delhi, November 19, 2017: The report titled “ Malaysia Eyewear Market by Type (Spectacles and Contact Lenses), By Sunglasses and Eyeglasses and By Sales Channel - Outlook to 2021 ” which provides an extensive analysis of Eye care products market in Malaysia. The report covers market size on the basis of revenue, market segmentation by spectacles and contact lenses, by type of spectacle glasses, spectacle frames and glasses, type of contact lenses, contact lens replacement time and by distribution channel. The report also includes the government initiatives and regulations in Malaysia eyewear market, competitive landscape and company profiles for major players in the eyewear market. The report provides detailed overview on the future outlook & projections with future strategies of the players in the market.

The report facilitates the readers with the identification and in-depth analysis of the existing and future trends and issues that impacts the industry and has anticipated growth in the future depending upon changing industry dynamics in coming years. The report is useful for eyewear manufacturers, importers, wholesalers, retailers, customers and other stakeholders to plan their market centric strategies in accordance with the ongoing and expected trends in the future.

Industry Overview

Malaysia is the third largest economy in Southeast Asia. The country was ranked 23rd most competitive country in the world for the period of 2017-2018. The monthly household income of Malaysians has increased at an annual rate of 6.6% from 2014 to 2016. Malaysia is one among the countries in the world where the vision impairments like myopia, hyperopia and presbyopia are rising at an alarming rate. Largely, owing to the increased demand for prescription glasses the eyewear market in Malaysia has grown at a CAGR of 6.4% during the review period 2011-2016. There is also a significant demand for sunglasses in the country. Malaysians are highly price conscious due to which the major players in the country offer branded eyewear products at discounted and affordable prices. Moreover, the optical shops in the country hold sales and promotional activities to attract a larger lot of Malay customers and also to accommodate the evolving consumer behavior, many optical shops have refurbished their existing store layouts to an open concept store layout.

Market Segmentation

In terms of revenue generation, spectacles dominated the eyewear market as of 2016 followed by contact lenses. While categorizing the market into spectacle glasses and spectacle frames in terms of revenue generation, spectacle glasses dominated the Malaysia eyewear market. Glasses has higher replacement rate in comparison to frames and since Malaysians are price conscious when lens replacement demand arises they would prefer replacing their glasses and not the frames, if they already possess one.

In 2016, eyeglasses held a higher share than the sunglasses. Such domination was supported by the rising rate of vision impairments in the country. It held a share of ~% in the overall market revenue. It was followed by sunglasses in 2016.

In terms of revenue, branded spectacles dominated the Malaysia eyewear market with a share of ~% in 2016 followed by unbranded products that accounted for a share of ~% in the market in the same year.

Optical shops are the most preferred distribution channel in the Malaysia eyewear market. They are widely spread over the various parts if the country in both rural and urban areas and are easily accessible. Optical shops have been consistently dominating the market from the past six years with more than 80.0% share in the market revenue. However, during the review period a gradual fall in the channel’s market share can be observed owing to the rising presence of other channels in the market.

Clear spherical lenses dominated the market in terms of revenue from contact lenses in 2016. The rate of hyperopia has seen a decline in the year 2016. However, the prevalence of hyperopia population in the country also contributes to the increased revenue from the sale of clear spherical contact lenses. Hyperopia among the children aged between 6-12 years is over 14.0%. Clear spherical lenses like other contact lenses are sold only based on a valid prescription at eye care clinics or optical shops in the country.

Toric lenses are used to correct astigmatism and it accounted for a share of ~% in 2016. Monthly disposable lenses contributed a higher share in the revenue derived from the sale of contact lenses in Malaysia. It accounted for a share of ~% in 2016. Daily and bi-weekly disposable contact lenses held a share of ~% in the contact lens market of the country as of 2016.

Competitive Landscape

Malaysia Eyewear market has been dominated by the increased demand for prescription glasses among the people owing to the rising rate of myopia, hyperopia and presbyopia. Hence, the top players in the market includes increasingly known for prescription glasses and contact lenses such as Essilor, Carl Zeiss, Hoya Corp., Johnson & Johnson and others. The major players in the market include manufacturers and retailers. In 2016, more than ~% share in terms of revenue in the market is held by eyewear manufacturers and retailers originated from countries like Italy, France, US, Germany, Switzerland and other countries.

Major manufacturers present in the market are Luxottica, Johnson and Johnson, Hoya Corp and others who compete on the basis of the number of in-house and licensed brands, price range, product variants of each brand, type of glasses and other parameters. Retailers include optical shops like Focus Point and many more that compete against each other on the basis of brands available in the shop, type of glasses offered, retail price, product variety, design of frames, type of glasses available in the store, sales and promotional activities and similar related features.

Future Potential of Malaysia Eyewear Market

Eyewear market of Malaysia is anticipated to showcase a decent growth at a CAGR of ~% during the forecast period 2016-2021. Certain factors that shall drive market growth during the forecast period are increasing rate of myopia, rising number of aging population, increased acceptance of contact lenses, changing fashion trends in the country and others. The most preferred choice of spectacles among the Malaysians is expected to be influenced from Korean fashion trends during the forecast period. In addition, an introduction of more entry-level branded sunglasses at relatively affordable prices is expected to be witnessed in the market. The availability of affordably priced sunglasses is expected to assist in stimulating the growth of sunglasses.

Key Topics Covered in the Report:

Malaysia Eyewear Market Overview and Genesis

Value Chain Analysis of the Malaysia Eyewear Market

Malaysia Eyewear Market Size

Malaysia Eyewear Market Segmentation

Government Initiatives and Regulations on the Malaysia Eyewear Market

Trends and Developments in the Malaysia Eyewear Market

Trade Scenario in the Malaysia Eyewear Market

Consumer Profile in Malaysia Eyewear Market

SWOT Analysis for Malaysia Eyewear Market

Competitive Landscape of Major Players in the Malaysia Eyewear Market

Future Outlook and Projections of the Malaysia Eyewear Market

Macroeconomic Factors affecting the Malaysia Eyewear Market

Future Outlook Eyewear Malaysia

Contact Lens Industry Size Malaysia

Malaysia Eyewear Market Segmentation

SWOT Analysis for Malaysia Eyewear Market

Malaysia Myopic Populations

Market Share Luxottica Malaysia

Sunglasses Market Malaysia Sales Volume

Eyewear Export Volume Malaysia

Malaysia Eyewear Marker Mergers and Acquisitions

Contact Lenses Market Revenue Malaysia

Value Chain Analysis Malaysia Eyewear Market

Corporate Comm India(CCI Newswire)


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