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Top-of-the-range 911 with enhanced dynamics
World premiere: The new Porsche 911 Turbo S Dubai. Porsche presents the new generation 911 Turbo S featuring unprecedented power, driving dynamics and comfort. Available in Coupé and Cabriolet form, the latest version of the two-door sports car delivers 650 hp (478 kW). A new 3.8-litre boxer engine with two VTG turbochargers is the beating heart of the car and delivers 70 hp (51 kW) more than its predecessor. The maximum torque now reaches 800 Nm (an increase of 50 Nm). The Turbo-specific eight-speed Porsche Doppelkupplung (PDK) cuts the sprint from zero to 100 km/h to 2.7 seconds (a decrease of 0.2 seconds), while the top speed is unchanged at 330 km/h. The dimensions of the 911 Turbo S have increased significantly in line with its enhanced driving dynamics. The body is now 45 mm wider above the front axle at a total width of 1,840 mm and 20mm wider above the rear axle, bringing the overall width here to 1,900 mm. Modified track widths, further developed aerodynamics, and the new mixed-size tyres contribute to its agility and sportiness. The adaptive aerodynamics now include controlled cooling air flaps at the front and a larger rear wing designed to produce even more downforce. For the first time, the 911 Turbo S transfers its power to the road with tyres in two different sizes: 20-inch tyres at the front and 21-inch tyres at the rear. New equipment options underline the much sportier image of the all-wheel drive 911. These include the Porsche Active Suspension Management (PASM) sports chassis that has been lowered by 10 mm and the sports exhaust system with adjustable flaps that guarantees a distinctive sound. The new engine of the 911 Turbo S is based on the 911 Carrera engine generation. It features a completely redesigned charge air cooling system and new, larger variable turbine geometry (VTG) turbochargers in a symmetrical layout with electrically adjustable wastegate flaps. It also uses piezo injectors which have significantly improved the vehicle’s characteristics with regard to responsiveness, power, torque, emissions and revving ability. The new six-cylinder engine is now aspirated by four intakes with a larger overall cross-section and lower resistance, enhancing the overall engine efficiency. Two symmetrical turbochargers with variable turbine geometry (VTG) and larger dimensions replace the previous identical parts, with the compressor and turbine wheels now rotating in opposite directions. The harmonious design is ideally suited for everyday use on the road as well as the racetrack. The leap in performance of this new generation is particularly noticeable in the model’s sprint from zero to 200 km/h. At 8.9 seconds, the new 911 Turbo S is one second quicker than its predecessor. Thanks to the enhanced Porsche Traction Management (PTM) all-wheel drive, significantly more torque can be transferred, with up to 500 Nm being transmitted to the front wheels. As part of the new standard PASM chassis, faster and more precisely controlled dampers provide significant advantages to the driving dynamics with respect to roll stability, road holding, steering behaviour and cornering speeds. The new front end, with its wider air intakes, has a characteristic Turbo-look and includes dual front light modules as well as standard LED matrix headlights with dark inserts. A redesigned, pneumatically extendable front spoiler and larger rear wing deliver 15 per cent more downforce. The sleek body of the 911 Turbo S is emphasised by its muscular rear wing sections with integrated air intakes. This new look of the rear is completed by rectangular tailpipes in high-gloss Black. The model’s interior has a high-quality and sporty finish. A full leather interior and carbon trim combined with Light Silver accents are included in the standard equipment list. The 18-way adjustable sports seats feature stitching that pays homage to the first 911 Turbo (type 930). High-quality graphic elements and logos in the instrument cluster complete the characteristic Turbo S features. Drivers can operate the 10.9-inch centre screen of the PCM quickly and without distraction owing to its new layout. Other standard features include the GT sports steering wheel, the Sport Chrono package with the newly integrated Porsche Track Precision app and BOSE® Surround Sound system. The 911 Turbo S Coupé and Cabriolet are available for order now with first units arriving in the region in May 2020. Information regarding the basic retail price, model specifications and local availability can be obtained at the nearest Porsche Centre. Further information, film and photo material in the Porsche Newsroom: newsroom.porsche.com 911 Turbo S Cabriolet: Combined fuel consumption 11.3 l/100 km; combined CO2 emissions 257 g/km 911 Turbo S Coupé: Combined fuel consumption 11.1 l/100 km; combined CO2 emissions 254 g/km The consumption and CO2 emission values were determined in accordance with the new Worldwide Harmonized Light Vehicle Test Procedure (WLTP). The NEDC values derived from this should continue to be specified for the time being. These values cannot be compared to the values determined in accordance with the NEDC measuring procedure used up to now. Porsche Middle East and Africa FZE Public Relations Anja Wood Phone: +971 4 3569 911 E-mail: wood@porsche-me.ae | |||||||||
Tuesday, March 3, 2020
ACTRESS PRANITHA SUBHASH READY FOR HUNGAMA 2
Pranitha Subhash is all set to tickle some funny bones with Meezan Jafri, Paresh Rawal & Shilpa Shetty in Priyadarshan's next film Hungama 2
Best known for her roles in Atharintiki Daaredi , Saguni, Porki , Brahma etc Pranitha Subhash is ready for a laugh riot in Hungama (2003) sequel- Hungama 2.
Pranitha Subhash who enjoys a fan base of 3.3 million fans on Instagram says "Get ready for Confusion Unlimited as Priyadarshan & Ratan Jain return with reboot of everyone's favorite comedy entertainer #Hungama2. Produced by #RatanJain, Hungama2 will release on 14 Aug#Priyadarshan #PareshRawal
The tagline of the film says 'Confusion Unlimited'. Well, the poster which released in December 2019, showcases the amount of fun element this one will have.
Pranitha will also be seen in Bhuj: The Pride of India alongside Ajay Devgan. Pranitha Subhash is all set to shed her glamour image for the film. She will be playing the role of Ajay Devgn’s wife in the war-drama.
‘Emergencies’ major reason for borrowing on P2P platform: study
UPI tops as preferred repayment mode on P2P lending platform
· Pune, Mumbai and Hyderabad ranked top in loan repayment
· Mumbai, Bangalore, Hyderabad are leading in lending on P2P platform
· 16% and 12% of women are lending and borrowing respectively
· LenDenClub releases its 2019 borrowing and lending analysis - ‘The P2P Lending and Borrowing behavior’
Mumbai, February 25, 2020: Emergencies such as medical, rent, advance salary were lead reasons for borrowing on P2P platform says study. LenDenClub, one of the leading peer-to-peer lending platforms in India, today released its 2019 report on the key borrowing and lending behavior of consumers (borrowers and lenders). According to the report, the financial city of Mumbai and the Silicon city Bangalore topped the chart for the maximum number of lenders and borrowers respectively on P2P platforms.
New age technology Unified Payments Interface (UPI) with 50% users has topped the chart for loan repayment followed by 47% of ECS payment in P2P lending.
Education and needs like family functions, home renovations were the other key reasons to borrow after emergencies. The LenDenClub data clearly outlines the purpose of borrowing and lending among current society being need-oriented rather than extravagance.
LenDenClub, the P2P platform that offers loans up to Rs. 10,000 has analyzed the annual data of more than 4,00,000 users, and has come up with a report - ‘The 2019 Lending and Borrowing Behavior’. It gives out multiple data points and key insights showing the typical consumption patterns, borrowing and investment habits of people on P2P platform across India.
When it comes to borrowing and spending, Bangalore is ahead in terms of people having the highest credit demand, Mumbai ranked second, followed by other metros such as Hyderabad, Pune and Chennai. The highest numbers of lenders were from the financial capital of Mumbai, followed by the tech cities Bangalore and Hyderabad.
The findings depict that young, tech-savvy, population with financial aptitude are much ahead of its previous generations, as 40% lenders and 53% of borrowers are under the age bracket of less than 30 yrs. The findings also reveal that the younger generation is more financially responsible and are comfortable borrowing and lending on new-age digital platforms.
The data also revealed that 12% of the borrowers and 16% of the lenders comprised of women customers, which suggests that salaried women’s loan borrowing market is under-penetrated compared to men. Customers from business backgrounds topped the chart along with CXOs to mid-managerial level and salaried individuals as investors on the platform.
63% of the borrowers availed credit for emergencies, while 37% availed for aspirational needs. This is turn suggested that emergencies was one of the main reasons for taking loans followed by aspirations such as family functions and home renovations
The customer analysis also has certain fascinating insights. Tuesdays, Wednesdays and Thursdays were the preferred days by borrowers for credit application. While the afternoon meal break i.e. 12.00 noon to 1.00 pm was the most preferred time when majority of the borrowers applied for a loan. The average percentage of repeat borrowers is 37% in which the loan frequency of repeat borrowers is three times.
On the occasion, Founder & CEO of LenDenClub, Mr. Bhavin Patel said, “There is no hiding of the fact that the usage of UPI in India is growing at a pace and has attracted attention of the entire world. The same can be seen in our data where younger technology-savvy generations are using newer technologies such as UPI for doing transactions.”
“Considering only 16% of the lenders on our platform are women, we will work towards creating awareness and reducing the gender gap. Also the data clearly reveals that the majority of loans are availed for emergency situations. This is the first of its kind data and will help investors to take informed decisions on borrowers through our platform.” said Patel.
Infographic
Tata Mutual Fund launches Tata Multi Asset Opportunities Fund
~ The first in the mutual fund industry investing in commodity derivatives~
Highlights:
· An open-ended scheme investing in equity, exchange traded commodity derivatives and Debt
· Diversification and low correlation across equity, commodities, fixed income to reduce portfolio risk and offer better risk adjusted returns.
· First mutual fund to offer exposure towards Commodity ETCDs. Aggressive equity exposure with a provision of cushion by equity arbitrage
· It is not a dynamic asset allocation. Since the asset allocation is generally static, investors do not miss out on sudden gains in an asset class. However, rebalancing without taxation impact to the investor is a key proposition here
· NFO opens on February 14, 2020 and closes on February 28, 2020
Mumbai, February, 2020: Tata Mutual Fund launches 'Tata Multi Asset Opportunities Fund', the first in the mutual fund industry investing in exchange traded commodity derivatives. This comes after SEBI's nod to mutual funds to expand into commodity derivatives - Tata Asset Management will be the trendsetter in the Indian mutual fund industry.
This fund will invest broadly in the three asset classes – Equity, Commodity Derivatives and Debt as each of these asset classes present a unique proposition to the investor. Indian commodity spectrum has been primarily focused on gold. Exchange-traded commodity derivatives (ETCDs) allow the investor to opt for other commodities like base metals, agricultural commodities, industrial chemicals, crude oil, etc.
Following SEBI guidelines, the fund will invest up to 25% of its Asset Under Management (AUM) in ETCDs where a single commodity exposure is 10% of the AUM.
On the NFO launch, Prathit Bhobe, CEO & MD, Tata Asset Management said, "The launch of Tata Multi Asset Opportunities fund, introduces one more product to our strong and growing industry. It is a small step that will add up to the Rs. 100 Trillion Opportunity, all of us are trying to tap into. We are sure that this product will generate interest from existing investors and distribution partners, as well as bring in newer investors. After our AI / ML powered Quant Fund, this is second amongst the innovative products we had planned for this FY. Our Multi Asset Fund consisting of equity, debt and commodity derivatives is an Industry first and allows many investors to venture into a new asset class for long term wealth creation."
Rahul Singh, CIO-Equities, Tata Asset Management added, "Negative correlation between different assets ensures not all investments fail at the same time giving stability to the portfolio. Diversification and low correlation across equity, commodities, fixed income as well as returns in commodity arbitrage
to reduce risk with less volatile returns and have consistency of return. Since the asset allocation is generally static in this fund, investors do not miss out on sudden gains in an asset class. The fund will have adequate equity exposure with a provision of cushion by equity arbitrage. Equity taxation will be ensured for better net returns to the investor.”
Aurobinda Prasad Gayan, Head-Commodities Strategy, Tata Asset Management said, "Commodities through arbitrage and selective directional strategies, have the potential to generate returns across market phases. The commodities arbitrage aims to give risk adjusted rewards. Few participants, less supply of money and more demand for commodities leads to higher spreads in commodities. Commodity Futures contract prices take cues from spot prices.”
The minimum application amount for this fund is Rs. 5,000/- and in multiples of Re.1/-
The fund will be managed by heads of the respective asset classes – Rahul Singh, Chief Investment Officer - Equities, Murthy Nagarajan, Head - Fixed Income, Aurobinda Prasad Gayan, Head- Commodities Strategy, and Mr. Sailesh Jain, Fund Manager at Tata Asset Management.
About Tata Asset Management:
Established in 1994, Tata Asset Management Ltd is the investment manager for Tata Mutual Fund. It is among the oldest and most trusted fund houses in India with an investor base of over 20 lakhs (as on 31st January 2020). Tata Mutual Fund takes pride in managing the investments of the common man right from childhood to retirement. It offers a wide choice of funds for every need across the entire risk return spectrum. These include equity funds, hybrid funds and fixed income funds.
Shaurya Mehta's debut single Mukammal Na Hui Chahat by T Series
They say if you really are passionate about something, you go follow it and that’s been a journey for this young, smashing personality Shaurya Mehta. The two times Masters’ degree holder from Warwick Business School , UK , says that despite everything that he has achieved in his life, it’s still the little joys from singing that make him feel most fulfilled as that's where his heart lies.
Talking about the song, Shaurya says, “This heartwarming number is very close to my heart and will be one of the most cherished experiences of my life. It’s a love ballad that will see Santosh Mijgar and actress Bhagyashree feature in the video. It’s great that a wonderful actress like Bhagyashree graced us with her presence and involvement in the video.”
Shaurya, despite handling his Infrastructure, Real Estate and Finance business & all the degrees that he holds, Shaurya always pursued music diligently. “I had been trained under Mr. Suresh Wadkarji and Ravi Tripathi Ji for nearly 6 years. I even participated in all my college and inter college fests and enjoyed the whole experience. I remember during these college fests while representing Jai Hind college, I also got appreciation and blessings from music maestros Anu Malik ji and Kailash Kher ji. Singing was always a part of me and it was time I focussed on it,” says Shaurya .
Thermax displays its edge in technology and sustainability
at Boiler India 2020
Exhibits range of energy, environment solutions including new technologies, actual boilers, models of chiller and in-place sewage treatment plant, green chemicals and biomass fuels
February 24, 2020, Navi Mumbai; Thermax Limited, a leading energy and environment solutions provider participated at Boiler India 2020. The company being one of the prominent exhibitors displayed its capabilities as ‘One Thermax’ offering a comprehensive range of utility solutions right from energy generation to dissipation - heating and cooling equipment, turnkey power plants, waste heat recovery units, systems for water and wastewater management including wastewater recycle, air pollution control and performance improving chemicals with a focus on sustainable offerings.
Highlights of the display comprised an actual Shellmax Global Boiler, a smart and compact boiler with international standards; biomass-based heating solutions; in-place sewage treatment and other water treatment solutions; efficient steam accessories and a range of chemicals for special applications.
Apart from physical exhibits, a series of captivating visual displays were showcased, such as making and shipping of the largest battery of modularised boilers from India for the biggest refinery in Africa; IoT solutions for boilers and chillers as a game-changer and simulated working of high technology products.
Thermax also displayed its product portfolio of its recent venture into the ‘Urban’ segment to address critical customer needs in the realty, commercial, hospitality, healthcare and infrastructure domains. The offerings span heating, solar PV, water solutions and chemicals.
Thermax’s belief being firmly anchored in its purpose of ‘Conserving Resources and Preserving the Future’, showed in its comprehensive display. The company focused on innovative green technologies that not only help reduce environmental impact but also help customers reduce their carbon footprint and save operational expenses. These include waste heat recovery systems, flue gas desulphurisation systems, vapour absorption machines, power from waste and renewables.
Thermax was also one of the key participants at various panel discussions and presentations held alongside the expo on all the days. Various members from the company including business leaders, category heads and technical experts covered subjects ranging from boiler selection and feasibility of fuel change; pathway for successful boiler manufacturing and modularisation of boilers; latest trend in welding; and the future of the boiler industry in India and the global scenario.
About Thermax Limited: Thermax Limited, a leading energy and environment solutions provider is one of the few companies in the world that offers integrated innovative solutions in the areas of heating, cooling, power, water and waste management, air pollution control and chemicals. Thermax has manufacturing facilities in India, Europe and South East Asia. The sustainable solutions Thermax develops for client companies are environment-friendly and enable efficient deployment of energy and water resources.
For more information visit www.thermaxglobal.com
3rd edition of MTaI MedTekon on 20th December
Theme of convention is ‘Fostering & Fortifying Ayushman Bharat’s Foundations’
Mumbai, 4th December 2019: Medical Technology Association of India (MTaI), which represents leading research-based medical technology companies with significant investments in manufacturing, R&D and healthcare worker training in India, is organizing its flagship event ‘MTaI MedTekon 2019’ on 20th December 2019 to deliberate upon ‘Fostering & Fortifying Ayushman Bharat’s Foundations’.
Hon’ble Minister of Health & Family Welfare Dr. Harsh Vardhan has been invited to inaugurate the MTaI MedTekon 2019 at The Leela Palace, New Delhi. The convention will have participation from key ministries, public and private sector think tanks, hospital groups, healthcare investors, patient groups, insurance industry, medical technology and pharmaceutical industry among others.
Ayushman Bharat was launched last year as the Centre’s flagship health program to provide access to affordable healthcare for the un-served and under-served. The scheme covers 50 crore people from low-income households. Beneficiaries could avail treatment for specific medical conditions in hospitals that have enrolled in the program. More than 47 lakh people availed treatment in the first year of the scheme.
The Ayushman Bharat program rests on four pillars - Providers, Insurance Industry, Investors and the MedTech/Pharma Industry – and the program’s success will depend on involving each stakeholder in implementation.
MTaI Director Mr. Badhri Iyengar said, “We are organizing MedTekon 2019 at a crucial time. Ayushman Bharat has just completed the first year of its implementation and the learning and experiences need to be studied to understand the areas which require reinforcements. MedTekon 2019 will have participation from all key stakeholders of the healthcare space and will deliberate on how each of them can play its role most effectively.”
MTaI Director Mr. Diwaker Rana said, “The first MedTekon talked about demystifying the MedTech sector, the second MedTekon discussed MedTech’s role in vitalizing Ayushman Bharat. This year’s MedTekon will facilitate a deeper conversation on Ayushman Bharat to strengthen the four pillars of the scheme.”
About MedTekon 2019
A successful universal healthcare program will require a robust and well co-ordinated system to serve India’s un-served and the under-served. MTaI MedTekon 2019 will bring together the vital pillars on which Ayushman Bharat rests- the Providers, Payers, Investors & the Medical Technology (MedTech) Industry to deliberate on the way forward to be even more effective and far reaching and achieve its underlining commitment, which is to “leave no one behind”.
MTaI, which believes in greater patient access and represents a wide spectrum of medical devices & equipment, has taken this opportunity to call upon stakeholders for a 360° discussion and deliberation on ‘Fostering & Fortifying Ayushman Bharat’s Foundations’.
The sessions will be delivered by esteemed panellists, which will include policy decision makers from the Government, leaders from MedTech Industry, Patient Groups, Hospitals, Healthcare Investors, and Insurance Company representatives.
About Medical Technology Association of India (MTaI)
Medical Technology Association of India (MTaI) is a not-for-profit organization. MTaI represents leading research-based medical technology companies with large footprint in manufacturing, R&D and training in India. MTaI is registered under sub-section (2) of section 7 of the Companies Act, 2013 and Rule 8 of the Companies (Incorporation) Rules, 2014.
MTaI is a responsible voice of the industry, all the time stressing on the three hallmarks of healthcare - Quality, Consistency and Patient Safety. The association is committed to improving access to affordable and quality healthcare for patients.
MTaI looks to partner with the Government of India in drawing a roadmap for growth of medical devices sector through facilitation of investments in manufacturing under 'Make in India’ scheme, in technology upgrade and in dissemination to healthcare providers.
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