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Godrej Security Solutions launches Godrej INTELI-ACCESS

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NEW DELHI: Godrej & Boyce, the flagship company of the Godrej Group, has  announced that one of its business divisions, Godrej Security Solutions has launched Godrej INTELI-ACCESS – a new age lockers’ system that is set to transform the banking institutions.

Touted as one of India’s most trusted and leading security brand, Godrej Security Solutions launched this high-end technology led banking security solution at the backdrop of the revised RBI guidelines for safe deposit lockers at banks, announced in August 2021.

In accordance with the revised infrastructure and security standards, the newly launched Godrej INTELI-ACCESS is designed to eliminate system bottlenecks and enhance customer experience through intelligent integrated automation. The high-end technology led safe deposit lockers provides customers the convenience of a key less access, eliminates forgery and fraud, by reducing dependence on manual interventions. Some of the key features of the product include thumbprint verification which confirms bio-signature, interactive networking authenticates the Actual customer, secure instant keyless access eliminates risks of unauthorized access, unlocking is easy with a smartcard or a biometric access.

Commenting on the launch, Pushkar Gokhale, Vice President & Global Head – Marketing & Sales, Godrej Security Solutions said, “The updated RBI guidelines are set to transform the future of banking in India by creating a comprehensive security ecosystem and we believe that this will go a long way in ensuring a win-win situation for all stakeholders. We at Godrej Security Solutions are the largest suppliers of security solutions such as safety lockers to several prestigious banks across the country. With the revised RBI guidelines, there is a huge growth potential for Godrej Security Solutions to establish a stronger hold in the industry and increase our market share. We are happy to also take this platform to announce the launch of technology led smart safety lockers such a Godrej INTELI-ACCESS – an innovative locker that will further augment the security of valuables across institutions.”

With increasing sophistication of cybercriminals, banks and financial institutions, Godrej Security Solutions has always been at the helm of pioneering solutions for institutions for over 120 years. Currently, the brand offers over 100 products to the entire banking fraternity in the country. Godrej Security Solutions offers a wide range of smart safety deposit lockers such as Secunex & Autovault that are developed using an User Insights based Innovation process.

The launch was celebrated at their annual conclave called ‘Secure Spaces’. This year the theme was ‘Future of Banking – Building a secure ecosystem’.

Industry stalwarts like Brig. Pravin Shinde – Chief Security Officer – State Bank of India, Col .Tejinder Singh Shahi – CSO – Punjab National Bank, Capt. Akhilesh CSO – Bank of India, Col. Sujit Mondal – CSO – UCO Bank, and Capt. Rakesh Patney – Ex-CSO – Bank of India, were present at the conclave to discuss the various benefits the new set of RBI guidelines will have on the entire Banking industry and its customers at large.

Some of the insights gathered from the discussion were-

The virtual panel discussion focused on discussing various aspects that will transform the future of banking in India and how this can create a more secure ecosystem for customers. There is a significant trend among customers who are increasingly looking for simple, holistic and secure banking experiences. Through the panel discussion, the industry experts shared their insights on how banks need to become more agile and resilient with the rising customer expectations and regulatory requirements.

Session Moderator Capt. Patney – Ex CSO, Bank of India said, “We are witnessing a change in customer expectations when it comes to digitized banking experiences. As digital technologies play a key role in every aspect of life in the current times, providing digitized and high- tech security solutions to customers is crucial for banks. It is an opportune time for the industry to come together to build a secure ecosystem for customers. As a result of the recent mergers, the expectations of Banks as well as their customers are very different, especially for the merged entities. The suppliers / OEMs to the Banks have to realize this aspect and come upto these higher expectations”.

Godrej Security Solutions aims to continue investing 12-15% towards building digital technology based products to meet the requirements of its customers. The company has been at the vanguard of bridging the security gap in the country by developing comprehensive high-tech security solutions for residential, industrial, and business premises.

Smart Lockers and Strengthening Solutions for Pre-1990 Doors and the retrofitting solution for existing Lockers shall help Banks to upgrade their Security Infrastructure to align themselves to the recent guidelines and thus be future ready.

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Appointments

Airtel appoints former Cabinet Secretary as independent director

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NEW DELHI: Bharti Airtel, India’s premier communications solutions provider, today announced the appointment of PK Sinha and Shyamal Mukherjee as Independent Directors on its Board of Directors. The appointments are subject to approval by shareholders at Airtel’s upcoming Annual General Meeting.

PK Sinha, IAS (Retd.), served as the Cabinet Secretary for more than 4 years before moving to the Prime Minister’s Office. He retired from there in March 2021 after 44 years of continuous service to the nation. He has been a Government nominee Director in numerous major Public Sector Undertakings and is well versed with the principles of healthy corporate governance.

Shyamal Mukherjee is the former Chairman and Senior Partner of PwC lndia and was at the forefront of making PwC a future-ready firm. Shyamal began his professional journey with PwC in 1984 and became a partner in 1993. He held several leadership roles at PwC India, including Brand & Strategy leader and Leader of India Tax practice. Shyamal also serves as an Independent Director on the board of ITC Ltd and a member of its Audit Committee.

The Company added that Manish Kejriwal, Lead Independent Director, would be retiring on September 25, 2022 on completion of his second tenure. Shishir Priyadarshi would be leaving the board with effect from October 31, 2022 to devote time towards his other professior,21 commitments. D. K. Mittal IAS (Retd.), would be designated as Lead Independent Director with effect from September 26, 2022.

Sunil Bharti Mittal, Chairman, Bharti Airtel said: “Airtel takes pride in having one of the most distinguished Board of Directors that is committed to high standards of corporate governance. These appointments are made with a long term view – to make the board future-ready, address the long term requirements of the Company and ensure smooth transition in key board positions. On behalf of the Board, I welcome PK Sinha and Shyamal Mukherjee and their valuable experience will add immense value to Airtel’s growth journey. I also want to thank fv1ani:;h Kejriwal and Shishir Priyadarshi for their tremendous contribution to Airtel.”

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5g

Narendra Modi inaugurates India’s first 5G testbed; says aims to roll out 6G end of decade

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NEW DELHI: India is targeting the rollout of 6G telecom network, which will provide ultra high speed internet connectivity, by the end of the decade, Prime Minister Narendra Modi said on Tuesday.

India currently has 3G and 4G telecom networks and companies are gearing up to launch 5G over the next few months.

Speaking at the silver jubilee event of telecom sector regulator TRAI here, he said it is estimated that the 5G network rollout will add USD 450 billion to the Indian economy.

“This is not just increasing internet speed but also the pace of development and creating jobs,” he said, adding the 5G technology will bring positive change in governance of the country, ease of living and ease of doing business.

It will boost growth in agriculture, health, education, infrastructure and logistics, he said.

Connectivity, Modi said, will decide the progress of the country in the 21st century and so modern day infrastructure needs to be rolled out.

According to the prime minister, a task force has started work on rolling out 6G network by the end of the decade.

Taking potshots at the previous Congress-led UPA government, Modi said the 2G era was symbolic of policy paralysis and corruption.

The country, under his government, has moved transparently to 4G and is now going to 5G.

Teledensity and internet users are fast expanding, he said, adding that mobile manufacturing units in India have expanded from 2 to over 200 and the country is now the world’s biggest mobile manufacturing hub.

The prime minister also said that his government has encouraged healthy competition that has led to India having one of the cheapest telecom data charges in the world.

Indigenous 5G test bed in telecom sector is an important step in India’s self-reliance, he added.

PM Modi virtually inaugurates India’s first 5G testbed costing Rs 220 crore

Prime Minister Narendra Modi on Tuesday inaugurated the country’s first 5G testbed to enable startups and industry players to test and validate their products locally and reduce dependence on foreign facilities.

The testbed has been set up at a cost of around Rs 220 crore. Speaking at the silver jubilee celebrations of the Telecom Regulatory Authority of India (Trai), the Prime Minister said the 5G testbed is an important step for self-reliance in the direction of critical and modern technologies.

“I invite youth friends, researchers and companies to utilise the testing facility for making 5G technology,” Modi said.

The 5G testbed has been developed as a multi-institute collaborative project by eight institutes led by IIT Madras.

In the absence of a 5G testbed, startups and other industry players were required to go abroad to test and validate their products for installation in a 5G network.

The other institutes that participated in the project are IIT Delhi, IIT Hyderabad, IIT Bombay, IIT Kanpur, IISc Bangalore, Society for Applied Microwave Electronics Engineering & Research (SAMEER) and Centre of Excellence in Wireless Technology (CEWiT).

The testbed facility will be available at 5 different locations.

Source: Press Trust of India

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5g

5G now in 1947 cities across 72 countries

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NEW DELHI: Viavi Solutions said that it has released new industry data revealing that the number of cities with 5G networks now stands at 1,947 globally. Despite the pandemic, 5G cities came online at a rate of nearly two per day, with the addition of 635 new 5G cities in 2021, according to the new VIAVI report “The State of 5G,” now in its sixth year.

By the end of January 2022, 72 countries had 5G networks in place, with the newest crop of 5G countries comprising Argentina, Bhutan, Kenya, Kazakhstan, Malaysia, Malta and Mauritius, which all came online in the second half of 2021. Europe, Middle East & Africa (EMEA) has overtaken Asia Pacific including Greater China (APAC) to become the region with the most 5G cities at 839. APAC has 689 5G cities and the Americas has 419.

Not surprisingly, the world’s two largest economies, the United States and China are the countries with the most 5G cities. China now has 356 5G cities and the United States has 296. The Philippines remained in the third spot globally with a total of 98 5G cities.

Currently, most 5G networks deployed are Non-Standalone (NSA) networks, meaning that 5G equipment is added to existing 4G network infrastructure. There are currently 24 Standalone (SA) 5G networks globally, meaning that they have been built using a new 5G core network. It is widely considered that many of the next-generation use cases and monetization models associated with 5G, beyond enhanced Mobile Broadband (eMBB) will only be possible when Standalone 5G networks built on new 5G core networks are in place.

The State of 5G also highlights the growing Open RAN ecosystem, combining mobile operators as well as software and infrastructure vendors, seeking to develop an open, virtualized Radio Access Network (RAN) with embedded Artificial Intelligence (AI) control. As of March 2022, 64 operators have publicly announced their participation in the development of Open RAN networks. This breaks down to 23 live deployments of Open RAN networks, 34 in the trial phase with a further seven operators that have publicly announced they are in the pre-trial phase.

“5G continued to expand, despite the headwinds of a global pandemic,” said Sameh Yamany, CTO, VIAVI Solutions. “What comes next in 5G is the reinforcement of networks. This will take a couple of forms. Firstly, we expect to see more Standalone 5G networks, which will deliver on much of the promise of 5G, both for the operator and for the wider ecosystem of users. And secondly, we expect to see Open RAN continue its rapid development and start to become a de facto standard. VIAVI will continue to play a central role in testing those new networks as they are built and expanded.”

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