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Wizikey’s Newsmakers Ranks Top EV Influencers: Ola, Ather, Tata Leaders Dominate

Newsmantra — Mon, 09 Sep 2024 10:40:14 +0000

New Delhi, India — September 9, 2024 — Wizikey, the leading AI-powered media intelligence platform, has released its Newsmakers report on Top 20 EV Leaders of 2024, spotlighting the most influential voices in India’s electric vehicle (EV) industry. This comprehensive analysis comes just ahead of World EV Day, offering crucial insights into the leaders shaping the future of sustainable transportation.

The report, which analyzed over 500,000 news articles from 50,000 publications between January and August 2024, ranks EV executives based on their media presence and industry impact. Bhavish Aggarwal of Ola Electric leads the pack with 52.17 news score, followed by Tarun Mehta of Ather Energy on 43.78 and Shailesh Chandra of Tata Passenger Electric Mobility with 41.02 news score.

Rounding out the top 10 are other notable industry figures, including Swapnil Jain of Ather Energy, Anmol Singh Jaggi of BluSmart, Mahesh Babu of SWITCH, and Uday Narang of Omega Seiki Mobility. This diverse group of leaders represents a mix of established automotive giants and innovative EV startups, reflecting the dynamic nature of India’s evolving EV landscape.

Wizikey’s proprietary News Score methodology, which considers factors such as news volume, headline presence, publication count and publication reach, provides a holistic view of each leader’s media footprint. The report covers various EV segments, including vehicles, charging infrastructure, battery technology, and EV ride-hailing services.

Aakriti Bhargava, Co-founder of Wizikey, commented on the findings: “In the rapidly evolving EV landscape, media visibility is more than just a metric—it’s a powerful indicator of industry influence and innovation. Our AI-driven analysis reveals not just who’s making headlines, but who’s driving the conversation forward. These leaders are the catalysts transforming India’s mobility sector, and their voices are shaping both public perception and policy decisions.”

The “Top 20 EV Leaders’24” report serves as an essential resource for PR professionals, brand managers, and industry analysts, offering actionable insights to enhance strategic planning and market positioning in the competitive EV sector.

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Tata AIA Life launches Tata AIA Rising India Fund

Newsmantra — Tue, 19 Mar 2024 07:46:47 +0000

New fund to focus on capital appreciation by investing in high-growth sectors driving India’s economic expansion and self-reliance story.
NFO window is to close on March 31, 2024, with units being issued on the same day.
Previous Tata AIA funds, including the ones launched in the last year, have consistently outperformed benchmarks.
25% of the rated Asset Under Management (AUM) of Tata AIA is rated 4 star or 5 stars on a
5-year basis as of January 31^st, 2024, by Morningstar Ratings*.
As of 29^th February 24, the Company’s total Asset under Management (AUM) was INR 96,532 Cr.Bengaluru, 18 March 2024: Tata AIA Life Insurance (Tata AIA), One of India’s leading life insurers, has launched the Tata AIA Rising India Fund, a Fund that opens a unique avenue for consumers to participate in India’s growth story. The New Fund Offering (NFO) will remain open until March 31, 2024, with units being offered at an NAV of Rs. 10 per unit during the NFO period.
The Rising India Fund will invest in key sectors and companies, that are driving the Atmanirbhar Bharat story. These include infrastructure, manufacturing, banking, digital, defense, etc. The fund will invest in companies across market caps and would be sector agnostic, enabling the fund manager to harness diverse opportunities driving India’s growth engine.

On the NFO launch, Harshad Patil, Executive Vice President, and Chief Investment Officer (CIO) of Tata AIA said, In recent years, India has displayed its global influence by becoming the fastest-growing major economy. Through this new fund, we would like to offer our consumers an avenue to participate in and benefit from this incredible journey. Our consumers have always benefited from the long-term growth potential of the Indian equity market by investing in the ULIP funds that Tata AIA offers. We will continue to strive towards generating the alpha in our fund performance. With a robust driven research process and a bottom-up stock selection approach, we are committed to providing lasting value and returns to our policyholders.

To generate capital appreciation, 70%- 100% of the fund’s investments will be made in equity and equity-related instruments and 0%- 30% in debt and money market instruments. The Tata AIA Rising India Fund offers investors the choice of investing across market caps in one fund, featuring high-quality, diversified portfolios and strong performance potential.

Mr. Samit Upadhyay, President – CFO & Head of Products and Propositions of Tata AIA, said, “At Tata AIA, we are committed to craft innovative insurance solutions that cater to diverse requirements of consumers including financial security, wealth creation as well as health & wellness. The New Fund Offer, Tata AIA Rising India fund, can be availed along with our unique Param Rakshak (PR) series, featuring Pro-Fit, Param Rakshak solution, Param Rakshak Plus solution, etc. These solutions are embellished with attractive features that not only deliver superior, consistent, and risk-adjusted long-term returns but also prioritize the safeguarding of your loved ones’ future. We are confident that consumers will find the PR series proposition with the new fund offer quite attractive and meeting their investment cum insurance needs”.

Tata AIA policyholders can invest in this fund through multiple products including Pro-Fit, Param Rakshak solution, Param Rakshak Plus solution, Param Rakshak II solution, Param Rakshak ROP solution, Param Rakshak IV solution, Param Rakshak Pro solution, Param Rakshak Elite solution. This offers consumers the unique opportunity to benefit from the long-term growth potential of equity while securing their loved ones with the protection of a life insurance cover.

Tata AIA Life has consistently introduced new investment opportunities in recent years with its diverse portfolio of Unit Linked Products. These offerings consistently outperform benchmarks, delivering superior returns. The table below shows the performance of multiple Tata AIA ULIPs across diverse themes.

India embraced the Atmanirbhar strategy, aiming to achieve self-sufficiency. Central to this strategy are the five pillars that underscore India’s journey toward self-sufficiency – Economy, Infrastructure, System, Demography, and Demand. Under the Atmanirbhar initiative, India has surged to become the fifth-largest economy globally, with household financial wealth rising impressively. Job opportunities have expanded, youth employability has risen, and the equity market has witnessed phenomenal growth, solidifying India’s position as a global powerhouse. With a burgeoning middle class and robust industrial sector, India promises enduring investment prospects, poised for sustained growth.

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Tata AIA Recognized as a Kincentric Best Employer 2023

Newsmantra — Wed, 13 Mar 2024 05:37:21 +0000

Named a Best Employer for the eighth consecutive year, making it the only Indian insurance company to earn that distinction

Bengaluru, 12^th March, 2024: Tata AIA Life Insurance Company Limited (Tata AIA), one of India’s leading life insurers, is proud to announce its recognition as a Kincentric Best Employer 2023. Kincentric Is a globally renowned platform that showcases organizations which are industry leaders in employee engagement and development.

Tata AIA‘s recognition as the Kincentric Best Employer for the 8th consecutive year is a result of its effective people management in an increasingly complex business environment. “Consumer Obsession” is a core value of the Company and initiatives are implemented under the ‘Customer First’ mission. By consistently placing customers first, Tata AIA builds trust and loyalty among its customer base, enhancing the entire customer lifecycle experience, emphasizing sales, service, and claims transparency.

These efforts have yielded notable results, with an increase of 59% in individual Weighted New Business Premiums (IWNBP) in FY23. The Company ranks among the top three private life insurers by IWNBP income. Its unwavering commitment to customer satisfaction is reflected in its best-in-class persistency rate and claims settlement ratio.

Announcing the win, Venky Iyer, Chief Executive Officer & Managing Director, Tata AIA, said, “Being named as Best Employer in India by Kincentric for 2023, eight years in a row, is indeed a matter of pride for us at Tata AIA. It is testimony to the continuous efforts of our HR and leadership teams to create a thriving, fikar-free, and rewarding environment for our employees. This Award reinforces our commitment to our people-centric practices, empowering our people to achieve their aspirations and give their best and enable our consumers to be ‘Har Waqt Ke Liye Taiyaar’”.

In order to cultivate an environment that values talent, skill, and contribution, Tata AIA prioritises creating an environment where its employees are nurtured, recognised, and respected.

Kristyl Bhesania, President, and Chief Human Resources Officer, Tata AIA, reaffirmed this, saying, “As an organization, we strive to create an equitable, diverse, and inclusive workplace where employees are recognised as individuals. A supportive and inclusive work culture is fostered through competitive compensation packages, comprehensive benefits, benchmark capability-building initiatives, and career development opportunities. We value work-life balance and promote employee wellness through our wellness programs, which ensure alignment with our strategic imperatives and foster employee belonging and purpose.”

“Over the years, we have seen organizations that have a relentless focus on aligning business and people strategy and keeping pace with the dynamic business world emerge as the Best Employers”, says Anurag Aman, MD and Market Leader for Kincentric India.

A strong focus on people practices drives Tata AIA. In order to become the “Organization of the Future,” the Company cultivates people-centric, high-performance cultures and develops future-ready leaders. An important part of the CEO’s effort is ensuring employees fully understand how they contribute to the organization’s ethos and are deeply involved in achieving its shared objectives.

The Company has taken the following steps to empower its people to achieve its business priorities.

Benchmark Training & Development Programs: Providing comprehensive training on insurance products, industry regulations, customer service skills, and technology tools.
Clear Communication & Goal Alignment: Make sure employees understand the company’s strategic objectives and how they contribute to achieving them.
Performance Management Systems: Setting up performance appraisal systems that align individual goals with organizational objectives, reward high-performing employees, and provide constructive feedback. Performance Management is based on the Balanced Score Card, which helps to understand what the company aspires to be, how it attains the vision, and how it measures progress.
Employee Engagement Initiatives: Strengthening collaboration and agility among teams, establishing channels for feedback, and communicating transparently and openly.
Investment in Technology: Giving employees access to user-friendly, efficient technology tools to enable them to deliver exceptional service.
Diversity & Inclusion Efforts: Building an inclusive workplace where employees from diverse backgrounds feel valued, respected, appreciated, and empowered to contribute their unique perspectives.

With over 50 years of employee research and decades of experience and specialist expertise in culture and engagement, leadership assessment and development, HR and talent advisory, and diversity, equity, and inclusion, Kincentric partners with organizations to improve their health from the inside, transform at scale and achieve Best Employer levels of performance.

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RoC May Soon Classify TATA Sons As ‘Public Company’

Newsmantra — Fri, 20 Dec 2019 06:32:15 +0000

The Registrar of Companies (RoC) is studying Wednesday’s judgment by the National Company Law Appellate Tribunal (NCLAT) on the Tata-Mistry dispute, and may soon change Tata Sons’ classification to a ‘public company’ from a ‘private company’.

The NCLAT, in its 172-page order reinstating Cyrus Mistry as executive chairman of Tata Sons, had termed the conversion of Tata Sons into a private company ‘illegal’.

It had said that proper procedures — laid out in Section 14 of the Companies Act, 2013 — were not followed, and the permission of the National Company Law Tribunal had not been taken.Top officials in the corporate affairs ministry — which oversees the RoC — said the requisite documents are being sourced.

Mistry’s legal team is believed to be in touch with RoC officials to ensure the change happens quickly. “We don’t see any reason why the RoC cannot make the change as fast as it did for Tata Sons,” said a member of Mistry’s team.

“The first task for the RoC would be to complete the conversion process and record Tata Sons as a ‘public company’. There is a view to not defy the order as that would amount to contempt,” said an official in the know. He sought anonymity.

“The four-week stay granted by the NCLAT is on Cyrus Mistry assuming the office of executive chairman of Tata Sons. There is no stay on the RoC part of the verdict. So, there is a possibility that Tata Sons may move the Supreme Court against the part of the NCLAT order that termed the change in classification by RoC as illegal. The RoC is closely monitoring the same,” official said.

In September 2017, Tata Sons received shareholder approval to convert itself into a private entity. Mistry, whose family owns 18.4% stake in the Tata Group’s holding company, had opposed the move saying it “would impact fund raising ability of the holding company and restrict the sale of stakes to outsiders”.

Mistry’s lawyers had argued on similar lines before the NCLAT in August this year: “Just after the appeal was filed before this appellate tribunal, in the evening of August 6, 2018, the respondents (Tata Sons) hurriedly moved before the Registrar of Companies (RoC), Mumbai, who passed certificate converting the company as ‘Tata Sons Private Limited’.”

The NCLAT had observed that the RoC had ‘helped’ the respondent, i.e.- Tata Sons. “…The aforesaid action on the part of the company, its board of directors to take action to hurriedly change the company (‘Tata Sons Limited’) from ‘public company’ to a ‘private company’ without following the procedure under law (Section 14), with the help of the Registrar of Companies just before filing of the appeal, suggests that the nominated members of ‘Tata Trusts’ who have affirmative voting rights over the majority decision of the board of directors and other directors/members, acted in a manner ‘prejudicial’ to the members, including minority members (‘Shapoorji Pallonji Group’) and others as also ‘prejudicial’ to the company (‘Tata Sons Limited’),” the order said.

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