Author: Rabindra

Royale Estate Group’s Mohali Industrial Economic Zone Garners RERA Approval, Opening Doors to Investment Opportunities

9th July 2024  New Delhi, Delhi, India  Royale Estate Group, a trusted brand in the real estate realm, has proudly announced the RERA approval of its flagship project, Mohali Industrial Economic Zone. The event was held on May 8th, 2024, at Royale Estate Farmhouse, New Chandigarh, and witnessed the presence of over 100 industrials, underscoring the project’s appeal to the industrial community.

The Royale Estate Group has established its presence with its premium commercial and residential projects in Mohali and Chandigarh. Beyond real estate, the group has diversified its interests into sectors such as Hospitality, Food Processing Industry, Energy, Rice Mills, Warehousing and Education, achieving remarkable success in every segment. With RERA approval secured and investor interest soaring, the Mohali Industrial Economic Zone stands poised to redefine industrial excellence and drive economic prosperity in the region.

During the event, industrialists recognized the project’s infrastructure and location and validated its appeal and market demands. In line with the project’s commitment to affordability, a special price was introduced to ensure that investment opportunities are within reach for a wide range of stakeholders. In addition, renowned singer Gurnazar Chattha captivated the audience with his soulful melodies, adding a touch of entertainment to the occasion.

Startled by the event’s resounding success, Mr. Piyush Kansal, Royale Estate Group, expressed, “We’re excited to announce RERA approval for our flagship project, marking a milestone in our commitment to excellence. With strong investor interest and special pricing, we’re set to redefine industry standards.”

Sony India Introduce the Next Level of Home Cinema Entertainment with BRAVIA Theatre Quad

9th July 2024 New Delhi, Delhi, India  Sony India today launched the future of home entertainment with the launch of the BRAVIA Theatre Quad, a groundbreaking audio system that redefines the cinematic experience. Designed to transport viewers into the heart of their favorite movies and TV shows, the BRAVIA Theatre Quad combines cutting-edge technology with elegant design to deliver unparalleled sound quality and immersion. With features such as 360 Spatial Sound Mapping, Sound Field Optimization, and compatibility with IMAX Enhanced and Dolby Atmos, the BRAVIA Theatre Quad promises to revolutionize the way audiences experience audio in their own homes.

The BRAVIA Theatre Quad introduces 360 Spatial Sound Mapping, revolutionizing home audio. This cutting-edge technology creates a three-dimensional audio environment, enveloping listeners from all directions. It replicates the immersive soundscapes of professional cinemas, bringing the magic of the big screen directly into your living room. Say goodbye to flat audio and experience movies and TV shows like never before with BRAVIA Theatre Quad.

Sony’s new BRAVIA Theatre Quad has a premium design that seamlessly blends with your living room, enriching the cinematic experience at home. With features like 360 Spatial Sound Mapping and Acoustic Center Sync, they deliver immersive audio that mirrors the ambiance of a movie theatre. Utilizing recycled materials for eco-conscious design, these products not only enhance sound quality but also integrate accessibility features, ensuring inclusivity for all users.

Sound Field Optimization in the BRAVIA Theatre Quad ensures optimal audio performance tailored to your room’s layout. By automatically measuring the relative height and position of each speaker, room acoustic, and listener position then based on this information it will create multiple phantom speakers analyzing the acoustic characteristics of the space and listener position this feature adjusts the audio settings to deliver the best sound experience, regardless of room size or shape. Immerse yourself in cinematic audio without worrying about acoustics with the BRAVIA Theatre Quad’s Sound Field Optimization.

Voice Zoom3 intelligently enhances dialogue clarity in the BRAVIA Theatre Quad, ensuring crystal-clear speech even amidst action-packed scenes or noisy environments. By recognizing and amplifying human speech, Voice Zoom3 makes every word crisp and clear, enhancing the overall viewing experience and allowing audiences to fully immerse themselves in the narrative of their favourite movies and TV(i) shows.

The BRAVIA Theatre Quad delivers an unparalleled home cinema experience with compatibility with IMAX Enhanced and Dolby Atmos technologies. This ensures premium audio quality that meets the rigorous standards set by IMAX and Dolby, allowing users to enjoy immersive soundscapes and lifelike audio reproduction. Get ready to be transported into the heart of your favorite movies with breathtaking sound quality like never before.

The all-new BRAVIA Connect App revolutionizes home entertainment control. Seamlessly manage BRAVIA Theatre Quad’s settings from your smartphone or tablet. Enjoy intuitive navigation and personalized audio adjustments with ease. With the BRAVIA Connect App, immerse yourself in a tailored audio experience that brings the cinema to your living room at the touch of a button. The BRAVIA Theatre Quad seamlessly integrates with popular streaming platforms and voice assistants, including Alexa, Airplay2, and Spotify. With effortless compatibility, users can easily access their favorite music and control their audio experience with voice commands or through their preferred streaming service. Enjoy the convenience of hands-free control and access to a world of entertainment at your fingertips.

The BRAVIA Theatre Quad offers an optional wireless subwoofer(ii) to enhance your audio experience with deep, powerful bass. Seamlessly integrated into the system, the subwoofer provides an immersive soundstage that complements the cinematic experience, ensuring every scene comes to life with rich, resonant audio. Upgrade your home theatre setup with two optional subwoofers for richer bass add an SA-SW5 wireless subwoofer with 300W deep bass from a 180mm driver with a passive radiator. Or opt for the SA-SW3 wireless subwoofer with 200W of sound from a compact bass reflex subwoofer with 160mm driver.

(i) New BRAVIA models, as well as other compatible older Sony TV models. More information: www.sony.net/hav_faq.

(ii) BRAVIA Theatre Quad cannot connect to a rear speaker. More information: www.sony.net/hav_faq.

Bajaj Finserv AMC Launches Bajaj Finserv Multi Asset Allocation Fund: All You Need To Know

9th July 2024  Pune, Maharashtra, India  Bajaj Finserv Asset Management Limited has introduced its yet another hybrid scheme, the Bajaj Finserv Multi Asset Allocation Fund. The NFO period of this scheme is from 13th to 27th May, 2024. This innovative fund aims to cater to investors seeking stability, growth, and diversification in their investment portfolios.

About the scheme:

The Bajaj Finserv Multi Asset Allocation Fund stands out for its unique approach to investing. Here’s what investors can expect:

Investment in high dividend-paying companies: The fund focuses on companies with a track record of high dividend payouts. This strategy not only offers potential growth but also indicates stable business models and accountable management.

Mitigation of market volatility: Through diversification across multiple asset classes, including equities, debt, and gold, the fund aims to cushion against market volatility, providing investors with a smoother investment journey.

Equity taxation benefits: Investors can benefit from equity taxation on their investments, potentially optimizing overall returns.

Versatility for all market conditions: The fund is designed to adapt to various market scenarios, making it suitable for both bullish and bearish market conditions.

Why choose dividend-paying companies?

Investing in companies with a history of high dividend payouts offers several advantages:

Stable business model: Companies that consistently pay dividends often have stable revenue streams and strong fundamentals, reducing investment risk.

Sustainable growth: Dividend payments indicate the company’s ability to generate profits consistently, reflecting sustainable growth prospects.

Low volatility: Dividend-paying stocks tend to be less volatile, providing a buffer during market downturns and enhancing portfolio stability.

Compounding growth: Reinvesting dividends can accelerate wealth accumulation through the power of compounding, leading to long-term wealth creation.

Who should invest:

The Bajaj Finserv Multi Asset Allocation Fund is suitable for a range of investors:

Investors seeking stability: Those who prioritize capital preservation and seek lower fluctuations in their investment journey can benefit from the fund’s diversified approach.

Investors looking for professional asset allocation: The fund offers expert asset allocation across various asset classes, relieving investors of the need to manage multiple investments themselves.

Long-term investors: Individuals aiming for long-term wealth creation can leverage the potential of dividend-paying companies and the compounding effect of reinvested dividends. Investors can consider starting a SIP or lumpsum investment in this scheme. To get an idea of a suitable SIP investment amount, investors can also make use of an SIP calculator.

First-time equity investors: Investors venturing into equity markets for the first time can benefit from the fund’s diversified exposure, mitigating the risks associated with individual stock selection.

In summary, the Bajaj Finserv Multi Asset Allocation Fund presents a compelling investment opportunity for those seeking stability, growth, and diversification in their portfolios. With its focus on dividend-paying companies and strategic asset allocation, the fund aims to deliver sustainable returns across various market conditions, making it an attractive option for investors with different risk appetites and investment goals.

ANAROCK Revenue Up 36percent at INR 566 Cr in FY24, Surpasses INR 550 Cr Target

9th July 2024  Mumbai, Maharashtra, India India’s leading independent real estate consultancy ANAROCK Group has reported INR 556 crore revenue generated in FY2024, marking a 36% yearly jump over the previous fiscal. In FY2023, the company clocked a total revenue of INR 416 Cr. With this, ANAROCK has overachieved its set revenue target of INR 550 Cr for FY2024.

Anuj Puri, Chairman – ANAROCK Group, says that the new target is well within reach. “A 41% growth in FY2025 is more than achievable – not only because the residential market remains in hyperdrive,” he says. “We have recently added the corporate leasing and advisory vertical to our services portfolio, which fundamentally taps into our collective expertise DNA. Also, our Digital Services division, which contributed significantly to this year’s revenue with deployment of our proprietary technologies, has sizable ongoing mandates in hand.”

Other key contributors to this year’s surpassed revenue target were the Firm’s Retail, Land, Capital Markets, Strategic Consulting, Hospitality wing HVS-ANAROCK, and society management vertical ANACITY.

To meet the work in hand, ANAROCK will significantly increase its headcount in FY 2024-25, especially in the recently launched Corporate Leasing & Advisory services. ANAROCK Group currently has 2200+ employees operating across key tier 1 and 2 markets in India, and the Middle East.

“FY2024 has been a phenomenal year for the Indian residential segment, with record sales and new launches across the top 7 cities,” says Santhosh Kumar, Vice Chairman – ANAROCK Group. “We are obviously happy to have exceeded our revenue target for the year by 6% but see that merely as an apt launch-pad for bigger and better things. In fact, we are confident of close to tripling our current revenue to INR 1,500 Cr by FY2027.”

“We will penetrate more key markets this year, with a vastly amplified services bouquet,” he adds. “The Indian economy continues to exhibit strength and will certainly support our targeted growth. However, we bank even more strongly on our constantly improving technology suite – and, of course, the best real estate teams in the business.”

The company recently raised INR 200 Cr in funding from 360 One Asset Management Limited for deployment into its overall business growth and industry-defining Proptech platform.

Ram Nath Kovind, Former President of India, Visits Manav Rachna Campus; Graces Justice RC Lahoti Memorial Lecture as the Chief Guest

9th July 2024  Faridabad, Haryana, India  In a world where the pursuit of justice is paramount, there are those whose legacies resonate far beyond their lifetime, shaping the very fabric of legal education and practice. Amidst the bustling corridors and echoing whispers of legal discourse, the School of Law, Manav Rachna University honored the memory of a titan in the field of law, i.e. Justice RC Lahoti, the 35th Chief Justice of India.

Manav Rachna University hosted the inaugural lecture of the prestigious Justice RC Lahoti Memorial Lecture Series, a tribute to the illustrious heritage of the esteemed Justice RC Lahoti. This series serves as a beacon illuminating the trajectory of both aspiring and established legal professionals. Through the prism of this lecture series, Manav Rachna endeavors to shed light on the manifold achievements, landmark judgments, and enduring legacy of Justice R.C. Lahoti, a luminary in the annals of jurisprudence.

The occasion was graced by the revered presence of former President Shri Ram Nath Kovind as the Chief Guest, and Justice UU Lalit as the Guest of Honour, adding immeasurable significance to this occasion. Their presence underscored the importance of advancing legal education and promoting academic excellence.

In his Presidential Address, the venerable Sh. Ram Nath Kovind, Former President of India, recalled fond encounters with Justice Lahoti, highlighting his noble soul and profound impact. Talking about Justice RC Lahoti, he said “Seldom do we come across persons, such as Justice Lahoti, who is known for his commitment towards judicial independence, integrity, deep humility in expressing his views and in upholding the rule of law. He showed a deep sense of tolerance and dignity that all of us could practice in our daily lives.” The 14th President of India lauded MRU’s School of Law for honoring such a luminary and urged the students to be life-long learners. As an advocate of giving back to society, he impelled present and future lawyers to provide pro-bono legal services and experience the personal satisfaction that comes with it.

President, Manav Rachna Educational Institutions & Chancellor Manav Rachna University, Dr. Prashant Bhalla shared his sentiments while addressing the august gathering. “It is a historical moment for the School of Law at Manav Rachna University – inauguration of a lecture series that commemorates one of the most celebrated legal luminaries of the country. The series will prove to be a fantastic opportunity for learning and I urge all the law students to absorb as much as they can from this platform to use it for the greater good.”

Justice UU Lalit presented reflections on the Judicial discourse of Hon’ble Justice RC Lahoti and said, “There’s no denying that Justice Lahoti was an institution unto himself. His courtroom interactions were not just about imparting justice but also about establishing precedents which will be applicable and acceptable to the entire community for years to come.” Justice Lalit’s lecture on Justice Lahoti’s journey, elucidating selected judgments that transcended into law, underscored the acuity of his judicial legacy.

Prof. (Dr.) Deependra Kumar Jha, Vice Chancellor, Manav Rachna University emphasized how Justice RC Lahoti continues to inspire the students with his ethics and values. “He founded the Law Advisory Board for the School of Law at Manav Rachna University, inaugurated the Ratan Lal Lahoti Library of Law, and instituted the Ratan Lal Lahoti Gold Medal, all of which serve as a source of academic motivation and a matter of pride for the students of law at the University.”

Dr. Archana Mantri, daughter of Hon’ble (late) Justice RC Lahoti offered heartfelt reflections on the profound legacy associated with her esteemed father. “Justice Lahoti had a thirst for learning about different subjects, especially technology which he believed would be a game changer for the field of law. Every single day he approached his work with a divine purpose and lived a life of integrity, empathy and lifelong dedication to truth and discipline,” she said.

This intellectual odyssey not only celebrates the towering legacy of Justice R.C. Lahoti but also serves as a testimonial to the profound ethos espoused by the Hon’ble Shri R.C. Lahoti himself – a fervent champion of equity and probity. His steadfast commitment to upholding the foundational tenets of our society and safeguarding judicial autonomy stands as an abiding source of inspiration, transcending temporal bounds.

The presence of the Lahoti family added a layer of significance upon the audience, predominantly composed of dignitaries from the legal sphere, members of the bar and bench, legal practitioners, advocates, and law students.

The School of Law at Manav Rachna University stands as a beacon of pride, with Justice RC Lahoti as the Founding Chairperson of its Advisory Board, now chaired by Former CJI, Justice UU Lalit. Offering programs approved by BCI, UGC, and Govt of Haryana, coupled with cutting-edge infrastructure, it embodies excellence in legal education.

Garnering the prestigious title of No.1 ‘Law School of Excellence’ by GHRDC 2023, the school proudly epitomizes a relentless pursuit of excellence. This accolade underscores the concerted efforts of its faculty, staff, and students, fostering an environment of unparalleled learning and fostering competent legal minds.

Distinguished by its Centers of Excellence in Legislative Studies & Research, and ADR & Guidance, the School of Law fosters a culture of innovation and scholarly inquiry. In essence, Manav Rachna University’s School of Law stands as a paragon of legal education, empowering future leaders to navigate the complexities of the legal realm with acumen and integrity.

Nitu Joshi of MIAM NGO Receives Best Social Worker Award at Newsmakers Achievers Award

9th July 2024  Mumbai, Maharashtra, India  Organized by Vaidehi Taman, the 16th Newsmakers Achievers Award ceremony celebrated the exceptional contributions of individuals across various domains. Among the esteemed awardees was social worker Nitu Joshi, recognized for her outstanding dedication to social welfare initiatives.

Nitu Joshi, a prominent figure in the realm of social service, was conferred with the prestigious title of Best Social Worker at the event. Her commendable efforts over the past two years under the aegis of MIAM Charitable Trust have significantly impacted the lives of tribal and farmer communities in the Nashik region. By distributing free study materials to children and facilitating educational opportunities, she has enabled numerous youngsters to pursue their aspirations, with one student even clearing the UPSC examination.

Beyond educational support, Nitu Joshi’s philanthropic endeavors extend to providing essentials like notebooks and T-shirts to underprivileged children in and around Nashik. Furthermore, her initiatives encompass animal welfare activities and environmental conservation efforts, demonstrating a holistic approach to social upliftment.

The MIAM Charitable Trust, under Nitu Joshi’s leadership, epitomizes a beacon of hope for orphaned children and marginalized communities. With a steadfast commitment to fostering positive change in society, Nitu Joshi continues to serve as an inspiration for altruistic endeavors.

Nitu Joshi’s unwavering dedication to the welfare of society has earned her not only accolades but also a deep sense of fulfillment derived from making a meaningful difference in people’s lives. Her relentless pursuit of humanitarian causes exemplifies the spirit of compassion and social responsibility, embodying the essence of true service to humanity.

DecenterAds Unveils Cutting-Edge DSP on FreeWheel’s Industry-Leading Buy-Side Platform

New York, NY, July 09, 2024 — DecenterAds announced a partnership with Beeswax, FreeWheel’s industry-leading buy-side platform, which enhances their DSP and opens new opportunities. The new DSP revolutionizes automated media buying across premium video and omnichannel markets, offering advertisers unparalleled agility and custom optimizations.

Powered by Beeswax’s technology, DecenterAds DSP supports diverse strategies, offering adaptable solutions for hands-on management or managed services. It ensures fair access and opportunities for all stakeholders.

Key highlights of the new DSP:

– +55 inventory providers
– LiveRamp DMP
– Major SSPs
– Exceptionally high demand
– All ad types
– Advanced optimization
– Data transparency

“Our partnership with Beeswax marks a significant milestone for DecenterAds. The new DSP enhances our service offerings and reaffirms our dedication to providing cutting-edge solutions in the programmatic advertising space. We are committed to empowering our partners with the tools they need to achieve exceptional campaign outcomes,” said Angelina Katok, Head of Business Development at DecenterAds.

Crompton Leads the Way in Sustainable Consumer Durables with a Top Ranking in DJSI Score

9th July 2024  Mumbai, Maharashtra, India  Crompton Greaves Consumer Electricals Ltd., renowned for its wide range of energy-efficient and sustainable consumer products, has secured a top ranking in the Dow Jones Sustainability Index (DJSI) for its outstanding environmental, social, and governance (ESG) performance. Crompton worldwide, places in the 94th percentile globally and secures the 7th position among its peers in the DHP Household Durables sector. This rating further underlines Crompton’s dedication to sustainable practices and its position as a leader in the industry.

The Dow Jones Sustainability Index (DJSI), established in 1999, serves as a benchmark for evaluating the sustainability performance of thousands of publicly traded companies worldwide. The rigorous evaluation process of the DJSI includes assessing companies based on economic, environmental, and social criteria, with a focus on long-term sustainability. The DJSI World, for example, recognizes the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index based on long-term ESG criteria.

Crompton’s DJSI score this year reported big improvements in its ratings in critical areas, which include environmental sustainability, product stewardship, high-impact social responsibility initiatives, diversity, employee well-being, human capital development and strong governance practices. As the company continues its sustainability journey, it remains steadfast in its commitment to continual improvement and innovation, seeking new opportunities to address global challenges and drive positive change.

Commenting on the rating, Promeet Ghosh, MD & CEO, Crompton Greaves Consumer Electricals Ltd. said, “Sustainability is fundamental to what we do at Crompton. That’s why we design and manufacture products with energy efficiency at their core. From iconic fans to durable LED lighting, Crompton products empower consumers to minimize energy use and reduce their environmental footprint. We are constantly exploring new technologies and materials to further enhance the sustainability of our offerings, ensuring that every Crompton product empowers consumers to make responsible choices for their homes and the planet. We believe that sustainable practices are not just good for the planet, but also good for our business and our customers. We are committed to involving our employees, customers, and business partners in our collective pursuit of a more sustainable future.”