8, Oct 2024
Airtel Business and Fortinet launch ‘Airtel Secure Internet’ for enterprise connectivity
(India), October 8, 2024 – Airtel Business, the B2B arm of Bharti Airtel (“Airtel”), one of India’s leading telecommunications service providers, has leveraged new-age cybersecurity solutions from Fortinet, a global cybersecurity leader driving the convergence of networking and security, to launch ‘Airtel Secure Internet’ — a new-age internet security solution offering a robust and fully-managed defence against cyber threats.
The unique solution is designed specifically to enhance security over Internet Lease Line (ILL) circuits, combining Airtel’s trusted internet connectivity with Fortinet’s next-generation firewall. It offers comprehensive, end-to-end protection through Airtel’s state-of-the-art Security Operations Centre (SOC) and Fortinet’s Security Orchestration, Automation and Response (SOAR) platform, ensuring robust management and defence against cyber threats.
Sharat Sinha, CEO – Airtel Business said, “Cybersecurity is becoming increasingly complex and many organisations lack the resources to manage it effectively. We have been pioneers in offering inclusive Cyber Secured ILL in the Indian market. With the launch of yet another innovative security solution — ‘Airtel Secure Internet’— we offer a comprehensive, future-proof solution that strengthens enterprises’ security without the burden of high capex.”
Vivek Srivastava, Country Manager, India & SAARC, Fortinet, added, “As cybersecurity challenges continue to escalate, many organisations are seeking expert support to manage and mitigate threats effectively. Our collaboration with Airtel Business to offer ‘Secure Internet’ provides a cost-effective solution, delivering 24×7 security event monitoring and detection to identify and respond to potential threats in real-time. By leveraging SOC-as-a-Service model, organisations can reduce their total cost of ownership, bridge the cybersecurity skills gap and gain greater visibility into their complex environments ensuring comprehensive protection in today’s digital landscape.”
‘Airtel Secure Internet’ will address the ever-increasing cybersecurity challenges faced by businesses, especially small and medium enterprises (SMEs) including limited expertise, fragmented support and high capital expenditure (capex) for security equipment. Many enterprises also lack basic protection and the expertise to manage security across multiple locations while maintaining technology investments, leaving them exposed to internet-based attacks. Enterprises can also opt for Airtel’s next-gen iSOC, which is a state-of-the-art cyber defense centre, offering a large portfolio of security services.
The ‘Airtel Secure Internet’ service model is designed to protect against technology obsolescence, ensuring businesses remain future-proof while reducing capex expenses. The service allows for seamless upgrades or downgrades as needed, ensuring businesses always stay ahead of emerging security challenges. Airtel’s SOC utilises advanced orchestration tools with AI and ML algorithms to automate threat mitigation, providing robust, proactive defence.
With Airtel Secure Internet, businesses benefit from Airtel’s pan-India connectivity to link all their locations — headquarters, regional offices, data centres and remote sites. Bundling Fortinet’s Next Generation Firewall ensures holistic security, while Airtel’s intelligent Security Operations Centre iSOC manages the entire setup with its certified and trained resources, delivering continuous protection and peace of mind.
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- By Rabindra
8, Oct 2024
Minister Piyush Goyal inaugurates Malabar Group’s food distribution at Shatabdi Hospital, expanding the ‘Hunger-Free World’ initiative
Mumbai, 8th October 2024: In a significant step towards combating hunger in India’s urban centers, Honourable Minister Shri Piyush Goyal inaugurated Malabar Group’s latest food distribution initiative at Shatabdi Hospital, Kandivali. This new effort will provide 500 nutritious meals daily to patient families at the hospital, ensuring that those grappling with medical challenges do not go hungry.

This initiative adds to Malabar Group’s existing efforts in Maharashtra, where the Malabar Charitable Trust is already distributing 6,300 food packets daily in various parts of the state. With the inclusion of the 500 daily meals at Shatabdi Hospital, the Trust’s food distribution in Maharashtra now reaches 6,800 meals daily, supporting vulnerable communities across the region.
This is part of Malabar Group’s broader ‘Hunger-Free World’ programme, a comprehensive CSR effort aimed at addressing hunger and malnutrition across the country and beyond. With this addition, the Trust is now distributing over 60,000 food packets daily with 50,000 meals served across 16 Indian states and 10,000 meals daily in Zambia, focusing on schoolchildren and underserved communities in the African nation.
Malabar Group, the world’s sixth-largest jewellery retailer, has embedded social responsibility at the heart of its operations. The ‘Hunger-Free World’ programme not only provides daily meals to vulnerable populations but also integrates a robust educational component. Through 247 micro learning centres (MLCs), the initiative reaches over 11,000 underprivileged children in India, offering them basic education to facilitate their return to formal schooling. These MLCs not only nourish young minds with knowledge but also provide essential daily nutrition, ensuring that children from streets and slums have a better chance at a brighter future.
At the event, MP Ahammed, Chairman, Malabar Group emphasized the significance of the programme, “Today marks a key milestone in our ongoing mission. By extending our Hunger-Free World initiative to Shatabdi Hospital, we are not only providing 500 meals daily to families in need but also underscoring our commitment to improving lives through food security. With 60,000 meals now being served daily in India and Zambia, we are proud to play a part in the global fight against hunger. Our micro learning centres further enhance this mission by addressing another critical challenge education for underprivileged children.”
The ‘Hunger-Free World’ initiative is executed in collaboration with the NGO Thanal – Daya Rehabilitation Trust, ensuring that meals reach the most vulnerable. It also aligns with the United Nations’ Sustainable Development Goal 2 – Zero Hunger, positioning Malabar Group as a key player in the global effort to eliminate hunger. Beyond food distribution, Malabar Group’s CSR efforts include the ‘Grandma Home’ project for orphaned elderly women, medical care funding, educational support for female students, and housing assistance for the underprivileged. The Group contributes 5% of its profits from all verticals, including Malabar Gold & Diamonds, towards these social welfare projects, with Rs 263 crore already invested in such initiatives.
8, Oct 2024
Trainee pilot from India wins challenging flying competition in New Zealand
New Delhi, 2024 — Sneha Baskaran of Chennai, India has become New Zealand’s first international student to win a prestigious competition at the annual rally of the New Zealand Association of Women in Aviation this year.

Sneha with the Morane Saulnier Rallye Trophy she won at the annual rally of the New Zealand Association of Women in Aviation.
The Morane Saulnier Rallye Trophy competition is a challenging feat that tests pilots’ skills in a simulated forced landing (with a powered-down engine) from 2500 feet, with aircraft wheels needing to precisely touch a designated grid on the runway.
Sneha was the only participant who achieved the feat.
The forced landing requires precision, skill and staying calm under pressure and highlights practical skills required in aviation by challenging participants to perform under simulated emergency conditions.
Sneha was absolutely “thrilled and exhilarated” to win the trophy.
“I am grateful to have been included in the competition, they didn’t just see me as an international student.
“It feels special to win a competition going back to 1963, and to see my name engraved on the trophy alongside all the winners from New Zealand,” she says.
A trainee pilot who has been enrolled at the New Zealand Airline Academy in Oamaru since January last year, Sneha received a commercial pilot licence in New Zealand in August after completing her final test.
Sneha receives two stripe epaulettes after completing the commercial pilot flight test from Julie Vaughan (A-cat) flight test examiner.
She is now looking forward to returning to India, where she will convert her New Zealand commercial pilot licence to an Indian one, and work for an airline in the country.
Dream to fly
Born and raised in Tamil Nadu, India, flying fascinated Sneha since childhood. She also enjoyed studying science and pursued her interest by graduating in genetic engineering at university. A chance interaction with a commercial pilot around the time kindled her interest in becoming a commercial pilot, and so she decided to follow the dream after graduation.
“As a woman, achieving my dream of becoming a pilot feels good. Women manage mental and emotional stress really well, an ability that is valuable for pilots,” she says.
According to New Zealand Airline Academy Chief Executive Officer and Director, Jonathan Manuel, at least 33 percent of its trainee pilots are women.
“This is primarily because of the care we provide at the academy, having a dedicated girl’s wing as part of our hostel offering.”
The global percentage of female pilots is less than 6 percent, with India having the highest percentage of women pilots at 14 percent.
New Zealand aviation training best in the world
Manuel says aviation training in New Zealand is also uniquely beneficial because of the country’s open airspace policy, making it a standout destination to train for a commercial pilot licence.
“Students are also exposed to New Zealand’s varied terrain and weather patterns, which helps them become confident pilots. The scenic beauty of New Zealand that students get to experience from the skies is the icing on the cake,” he says.
Sneha agrees that aviation training in New Zealand was the best option that she could choose for herself.
“Flight training standards here are very high. New Zealand pilots are highly valued and globally recognised. You need to be very skilled to receive a commercial pilot licence in New Zealand,” Sneha says.
Sneha says that when trainee pilots are tested on flight manoeuvres in New Zealand, failing to successfully complete a single manoeuvre means you need to successfully repeat all manoeuvres in the next test. Other countries may only need trainee pilots to repeat the one manoeuvre that they have failed.
New Zealand also offers a range of flying conditions that are good practice for trainee pilots.
“It’s good experience learning to fly in turbulent conditions alongside good weather, it makes for skilled pilots.”
Aviation training’s contribution to regional economy
All students at the NZAA, where Sneha studied, are international students from countries such as India, Vietnam, Sri Lanka, Bhutan, Malaysia, Singapore, Papua New Guinea and Indonesia.
Manuel says each year, the academy trains over 120 students, who then head back to their home country to work for commercial airlines.
Enjoying the relaxed New Zealand lifestyle outside the classroom
Making time to relax is key for a trainee pilot as flying schedules vary greatly with flying practice sessions on early mornings on one day and nightime on another. During her time off, Sneha loves being in nature and enjoying the beautiful New Zealand outdoors in Oamaru as well as rest of the country’s South Island.
“Nature lovers would enjoy it here. I love that you can spot penguins and seals so easily! I also enjoy horse riding. When I need the city vibe, I just travel to Dunedin.
“I love the relaxed Kiwi lifestyle and culture, people are friendly and respect everyone. Students choosing New Zealand will enjoy the country and benefit from their time here,” Sneha says.
She has thoroughly enjoyed her first New Zealand summer, particularly visiting farms for pick-your-own berries.
“I absolutely love real fruit icecream made from fresh summer berries, can never have enough of it!”
Advice for prospective international students
For prospective students considering study in New Zealand or applying for a student visa, Sneha has a few tips to offer.
“The student visa application process in New Zealand takes a practical approach. Students need to view it as such. Sticking to the facts and being open about your precise situation will go a long way.”
8, Oct 2024
Avaada Group’s Rs13,650 crore Nagpur Super Factory to create 5,000 jobs and boost India’s renewable energy goals
Nagpur, October 8, 2024 – Avaada Group, one of India’s leading renewable energy companies, has laid the foundation stone for its new manufacturing facility, Avaada Electro Pvt. Ltd., at the Addl. Butibori Industrial Park in Nagpur. The Foundation Stone was laid by Shri Devendra Fadnavis, Hon’ble Deputy Chief Minister of Maharashtra,
The new facility, part of Avaada’s ₹13650 crore investment, is set to play a critical role in India’s renewable energy ambitions. The super factory will contribute to the nation’s target of cutting carbon emissions by 50% by 2030 and achieving net-zero emissions by 2070. Focusing on the entire solar value chain, from ingot-wafer to PV cell and module production, the facility will also manufacture next-generation batteries and electrolyzer. Avaada plans to enhance domestic supply chains by establishing ancillary units to produce module glass and frames, ensuring timely delivery of top-quality PV modules.
Speaking at the event, Shri Devendra Fadnavis remarked, “This facility demonstrates Avaada’s commitment to Maharashtra’s industrial growth and aligns with both state and national objectives to promote sustainable energy solutions. It reinforces Maharashtra as a key hub for solar manufacturing, and we are excited to see the impact it will have on the region’s economy and environment.”
Avaada’s first phase will see the launch of a Wafer to Module project with a planned capacity of 5 GW for solar cells and 3 GW for modules. These cells will support the company’s existing Dadri Module Plant, using TOPCon Cell Technology to ensure the production of high-efficiency cells and modules.
The project is expected to create over 5,000 new jobs in a range of roles. Additionally, Avaada is committed to partnering with local ITIs (Industrial Training Institutes) to support skill development, particularly for operators and technicians, ensuring a strong talent pipeline. Avaada is also collaborating with NSDC and NCVET to focus on skilling, upskilling, and reskilling the workforce. Notably, the factory aims to have 60% of its workforce comprised of women, a bold step toward building a diverse and inclusive work environment.
Avaada also plans to establish ancillary units that will generate approximately 1,000 jobs. These units, focusing on the production of glass, aluminum frames, junction boxes, and other components, will contribute to the company’s efforts to secure a robust domestic supply chain.
Commenting on the initiative, Mr. Vineet Mittal, Chairman of Avaada Group, stated, “This project is a crucial milestone in Avaada’s journey towards driving India’s clean energy goals. Through strategic partnerships, local job creation, and advanced technologies, we are committed to shaping India’s renewable energy landscape creating this ecosystem ,while contributing to the country’s broader economic and environmental objectives.”
Avaada’s super factory is a fully integrated factory which will feature world-class amenities, including transportation services, safety measures, on-site medical rooms, a crèche for employees’ children, and sports facilities, ensuring a high quality of life for all workers. As the project advances, Avaada is poised to make a significant contribution to India’s green energy revolution.
8, Oct 2024
FADA Releases September’24 Vehicle Retail Data
8th October’24, Mumbai/New Delhi, INDIA: The Federation of Automobile Dealers Associations (FADA) today released Vehicle Retail Data for September’24.

September’24 Retails
FADA President, Mr. C S Vigneshwar, shared his perspective on the auto retail performance for September 2024, stating, “The 2024 southwest monsoon recorded 8% above-normal rainfall—the highest in four years—which has boosted Kharif sowing by 1.5% YoY. This increase in agricultural productivity has positively impacted rural demand and economic sentiment.
Despite the onset of festivals such as Ganesh Chaturthi and Onam, Dealers have reported that the performance has been largely stagnant. This suggests that overall market sentiment during these festive periods has been underwhelming, with a trend leaning towards flat or negative growth.
The Shraddh period further impacted sales negatively, leading to a YoY decline in retail sales across various categories. Discounts and offers have been introduced across segments to stimulate demand, but these have yet to translate into a significant improvement in sales.
September saw a decline in overall retail sales, dropping by 9.26% YoY. Except for 3W and Trac, which grew by 0.66% and 14.69% YoY respectively, other categories such as 2W, PV and CV fell by 8.51%, 18.81%, and 10.45% YoY, respectively.
The 2-wheeler sales declined by 10% MoM and 8.5% YoY due to low consumer sentiment, poor inquiries, and reduced walk-ins. Seasonal factors like the Shraddh period, Pitrapaksha, and heavy rains further impacted demand, resulting in delayed purchases and a subdued market environment.
The 3W sales showed marginal growth of 0.99% MoM and 0.66% YoY, driven by positive customer engagement and increasing demand for e-rickshaw options. However, overall demand remained subdued as many customers deferred purchases in anticipation of the upcoming festive season and heavy rains impacted walk-ins and sales activity.
CV sales increased by 1.46% MoM but declined by 10.45% YoY, reflecting mixed performance. While there was positive sentiment and marginal growth in regions supported by infrastructure projects, overall demand remained weak due to low government spending, extended monsoon delays and seasonal challenges. Despite some improvement in fleet purchases, the market conditions remain subdued.
In the PV category, sales plummeted by 10.8% MoM and 18.81% YoY, signalling an alarming trend of declining consumer demand and deteriorating market sentiment. Seasonal factors such as Shraddh and Pitrapaksha, coupled with heavy rainfall and a sluggish economy, have exacerbated the situation, leaving Dealers with historically high inventory levels of 80-85 days—equivalent to 7.9 lakh vehicles worth ₹79,000 crore.
Given the critical festive season around the corner, FADA urges OEMs to take immediate corrective measures to avoid a financial setback. FADA also calls on the Reserve Bank of India to issue an advisory to banks, mandating stricter channel funding policies based only on Dealer consent and on actual collateral, to prevent Dealers from facing additional financial pressure due to unsold stock. This is the final opportunity for PV OEMs to recalibrate and support market recovery before it’s too late!”
Near-Term Outlook
The near-term outlook for Automobile Retail is cautiously optimistic as both Navratri and Diwali fall in the same month, creating strong expectations for a surge in vehicle sales. With healthy water levels in reservoirs and improved crop yields supporting rural demand, the festive season is expected to drive a substantial boost in 2W, PV, and Trac sales with new launches been planned for the month. However, the PV segment faces a critical situation due to high inventory levels at dealerships. If sales do not pick up as expected in October, Dealers could face significant financial pressure from unsold stock piling up in their warehouses.
While Dealers and OEMs are betting on robust festive sales, especially in rural markets where positive cash flow and better agricultural conditions are expected to spur demand, the outcome remains uncertain. A successful October is essential to clear out excess inventory and set a positive growth trajectory for the remainder of FY25. With rising inquiries and optimistic Dealer sentiments, the outlook leans towards optimism, but high stakes and dependency on October’s performance warrant a cautious approach. If the anticipated sales do not materialize, it could shift the outlook to pessimistic, putting Dealers as well as OEMs in a difficult position heading into the new year.
Key Findings from our Online Members Survey
- Liquidity
-
- Neutral 49.11%
- Bad 28.83%
- Good 22.06%
- Sentiment
-
- Neutral 44.13%
- Good 30.60%
- Bad 25.27%
- Expectation from October’24
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- Growth 66.55%
- Flat 22.06%
- De-growth 11.39%
Chart showing Vehicle Retail Data for H1FY25 and September’24
All India Vehicle Retail Data for H1 FY’25
| CATEGORY | H1 FY’25 | H1 FY’24 | Growth % |
| 2W | 85,66,531 | 78,53,618 | 9.08% |
| 3W | 5,95,256 | 5,53,302 | 7.58% |
| CV | 4,77,381 | 4,80,488 | -0.65% |
| PV | 18,70,991 | 18,51,249 | 1.07% |
| TRAC | 4,05,804 | 4,45,077 | -8.82% |
| Total | 1,19,15,963 | 1,11,83,734 | 6.55% |
Source: FADA Research
All India Vehicle Retail Data for September’24
| CATEGORY | SEP’24 | AUG’24 | SEP’23 | MoM % | YoY % |
| 2W | 12,04,259 | 13,38,237 | 13,16,300 | -10.01% | -8.51% |
| 3W | 1,06,524 | 1,05,478 | 1,05,827 | 0.99% | 0.66% |
| E-RICKSHAW(P) | 44,043 | 44,346 | 46,712 | -0.68% | -5.71% |
| E-RICKSHAW WITH CART (G) | 4,569 | 4,392 | 3,038 | 4.03% | 50.39% |
| THREE-WHEELER (GOODS) | 9,108 | 8,646 | 9,591 | 5.34% | -5.04% |
| THREE-WHEELER (PASSENGER) | 48,714 | 48,005 | 46,404 | 1.48% | 4.98% |
| THREE-WHEELER (PERSONAL) | 90 | 89 | 82 | 1.12% | 9.76% |
| PV | 2,75,681 | 3,09,053 | 3,39,543 | -10.80% | -18.81% |
| TRAC | 62,542 | 65,478 | 54,529 | -4.48% | 14.69% |
| CV | 74,324 | 73,253 | 82,993 | 1.46% | -10.45% |
| LCV | 41,715 | 42,496 | 47,334 | -1.84% | -11.87% |
| MCV | 6,090 | 6,137 | 5,855 | -0.77% | 4.01% |
| HCV | 22,941 | 21,221 | 25,984 | 8.11% | -11.71% |
| Others | 3,578 | 3,399 | 3,820 | 5.27% | -6.34% |
| Total | 17,23,330 | 18,91,499 | 18,99,192 | -8.89% | -9.26% |
8, Oct 2024
Annapoorna Trust collaborates with Karnataka Government to prioritize needs of Malnourished children
New Delhi, 8th October 2024: Following a historic feat of serving over 1 crore children across various parts of the country, Sri Sathya Sai Annapoorna Trust has now joined forces with the Government of Karnataka and CreditAccess Grameen Limited Foundation to further enhance the reach towards Anganwadi children.
In addition to our ongoing support for school-going children, the Trust is now taking a more targeted approach by prioritizing the needs of SAM & MAM children who require high-energy, nutrient-dense food, specifically addressing malnutrition. The critical intervention starts with children aged 3 to 6 years in the Anganwadi sections. These early interventions will help ensure proper growth and prevent conditions like anaemia, wasting, and stunting. The first phase of the collaborative initiativeis expected to improve the life of close to 4,000 childrenin aspirational district of Yadgir along with Chamarajanagar, Bagalkot, Haveri & Dharwad in Karnataka state.

Siddeshwara N K A S – Director at Women & Child Development, Govt of Karnataka says, “It’s heartening to see corporates and NGOs stepping forward to collaborate with the government. Such partnerships hold immense potential for creating a meaningful and lasting impact.”
Marking the commencement of this important initiative, a formal MOU was signed on 18th September 2024. The Minister of Women and Child Development Lakshmi R. Hebbalkar congratulated Annapoorna Trust, CreditAccess Grameen & directors of Women & Child Development for their initiatives to combat malnutrition in SAM and MAM children in Karnataka state.
Elaborating further on the newly-inked initiative, Mr.Anand Kumar Kadali -Trustee and Secretary of Sri Sathya Sai Annapoorna Trust, said, “Focusing on ensuring high-energy and nutrient-rich food supplements to combat the issue of malnutrition in Karnataka, we intend to reach out especially to kids between the ages of 3-6 who are either severely or moderately acute malnourished. We thank the Government of Karnataka, CreditAccess Grameen for supporting the Annapoorna family’s mission to end malnutrition and hidden hunger across India.”
Founded by Sri Madhusudan Sai – a Global Humanitarian and Spiritual Leader, Annapoorna Trust has been working towards eliminating hidden hunger and malnutrition across at least 25 Indian states and 4 Union Territories.
8, Oct 2024
Advancing Sustainability – Panel Discussion on Gross Environmental Product (GEP) at IIT Roorkee
IIT Roorkee, October 8, 2024: The Indian Institute of Technology Roorkee, in collaboration with the Himalayan Environmental Studies and Conservation Organization (HESCO), organized a panel discussion on the Gross Environmental Product (GEP). The main objective was to raise awareness about ecological issues and emphasize the need for a comprehensive strategy to shift from GDP-based economic growth parameters to GEP measures for defining development. Many participants believed that economic stability cannot be achieved as long as we continue to ignore ecological sustainability.

The program began at 10:00 AM with a welcome address by Professor Ashish Pandey of the Department of Water Resources Development and Management at IIT Roorkee, followed by a brief introduction of Padma Bhushan Dr. Anil P. Joshi, a renowned environmentalist and founder of the Dehradun-based voluntary organization Himalayan Environmental Studies and Conservation Organization (HESCO).
Dr. Joshi discussed in detail the topic, its context, and the need for such a development parameter in today’s times. He emphasized the complementarity of this concept with other existing parameters and suggested how adopting GEP as a method of measurement can balance development with the much-needed environmental conservation. Speaking about the necessity of implementing measures to prevent ecological damage globally, HESCO founder Padma Bhushan Dr. Anil P. Joshi said, “We cannot deny the immediate economic development needs for a large population in the country, but at the same time, we cannot ignore ecological needs. Our emphasis on commercialization has pushed ecological issues to the back burner. Rationality lies in balancing the economy and ecology. Only a stable ecology can bring about sustained economic growth. We all need to think about this subject and come together.”
Dr. Shivam Joshi from HESCO gave a presentation on GEP, explaining its importance and discussing his research work.
On the occasion, IIT Roorkee’s Director, Professor Kamal Kishore Pant, appreciated the GEP initiative and, discussing environmental conservation and its importance, said, “Our fundamental needs are food, energy, and water. If we want to save the future, we should utilize these three resources in a limited and appropriate manner. Additionally, we need to make society aware of environmental issues.”
In the inaugural session, Mr. Satya Prakash Dobhal (Director, ITM Mussoorie), Dr. M. Madhu (Director, Indian Institute of Soil and Water Conservation), Prof. Durgesh Pant (Director General, UCOST Dehradun), Mr. Raj Shekhar Joshi (Vice President, SETU, Government of Uttarakhand), Prof. Shishir Sinha (Director General, CIPET), and Prof. Akshay Dwivedi (Dean of Sponsored Research and Industrial Consultancy, IIT Roorkee) also shared their views.
After the inaugural session, a panel discussion was organized where various speakers discussed their respective topics. The program was conducted by Alok Shukla, and the vote of thanks was delivered by Professor Vinay Sharma of the Department of Management Studies at IIT Roorkee.
7, Oct 2024
Real Estate Sector Anticipates Strong Demand During Festive Season Amid Attractive Offers
October 7th, 2024: As the festive season approaches in India, the real estate sector is poised for a significant uptick in activity. Traditionally, this period is marked by increased consumer sentiment and heightened demand for residential properties, driven by cultural practices and the desire to make new purchases during auspicious times. Developers are responding to this trend by launching new projects and offering attractive discounts and incentives, such as flexible payment plans and additional amenities, to entice buyers. The recent trends of urban migration and the shift towards larger living spaces post-pandemic further bolster the demand for residential properties, particularly in suburban areas.
However, challenges remain for the real estate sector, including rising construction costs and fluctuating interest rates, which could impact affordability. Despite these hurdles, analysts remain optimistic, projecting a robust festive season with a notable increase in home sales. The government’s initiatives to promote housing and affordable schemes, coupled with the ongoing recovery of the economy, are expected to create a conducive environment for both buyers and developers. As consumer confidence grows, the festive season may serve as a turning point for the sector, rejuvenating sales and investments in the coming months.
Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd
Real estate demand remains robust across all kinds of properties. This is also reflected in our pre-sales performance during Q1 of the current financial year, where we have already achieved 30% of the target for the current financial year. As we enter the festive season, we are very optimistic that the real estate sector, especially the mid and premium residential segments, will continue to perform well. The possibility of the RBI reducing key rates in the next couple of months may further increase the demand in the near future.
Mr. Aman Sarin, Director & Chief Executive Officer, Anant Raj Limited
The residential real estate market in India continues to experience robust demand, particularly for larger and luxury housing units across the country. Over the past few years, sales have kept pace with new project launches, leaving very limited inventory in the high-end and luxury segments.
In fact, there’s a noticeable supply shortage in the luxury and ultra-luxury segments due to high demand and fewer project launches at premium locations by renowned developers in recent years. We expect this trend to continue, with only a limited number of new launches anticipated in the NCR and across the country during the upcoming festive season. Anant Raj is also planning to launch luxury designer apartments, called “Estate Apartments,” in Sector 63A, Gurugram, within its existing integrated township.
As demand significantly outstrips the supply in the pipeline, we foresee a further upward price movement in these segments, reflecting the market’s strong momentum.
Mr. Mohit Jain, Managing Director, Krisumi Corporation
The demand for real estate has been strong, especially in the luxury segment, for the last couple of years and is likely to maintain the momentum in the future. The festive period is traditionally seen as an auspicious time from a purchasing point of view, so we usually see more traction and interest from homebuyers during this period. Moreover, the promotional offers from real estate developers during the festive season often attract a wider range of consumers. We’re confident that this festive period will bring a boost to the entire industry.
7, Oct 2024
S K Venkataraghavan Joins Lenovo Solutions and Services Group, India
Bengaluru, October 07, 2024 – Lenovo India, the global technology powerhouse, today announced the appointment of S K Venkataraghavan as Director of its Solutions and Services Group (SSG). Based in Bengaluru, Venkataraghavan will spearhead the expansion of Lenovo’s Solutions and Service business in India, leveraging AI to unlock new growth opportunities to strengthen customers’ competitive advantage.

In this pivotal role, Venkataraghavan will continue to drive Lenovo’s journey as the leading integrated solutions provider for enterprises, directly aligning with the company’s global strategy. Leveraging over two decades of hands-on experience in Cloud & Infrastructure Services, he is uniquely positioned to scale Lenovo’s end-to-end SSG portfolio.
Shailendra Katyal, Managing Director, Lenovo India, said, “We are excited to have Venkataraghavan on board to lead Lenovo’s Solutions and Services Group in India. His deep expertise and proven leadership in cloud services, next-gen technologies, and managed services will play a crucial role in accelerating our service-led transformation. I am confident that Lenovo will continue to innovate and reach greater heights under his leadership.”
Before joining Lenovo, spanning 25 years, Venkataraghavan led leadership positions in India and Global markets in Cloud & Infrastructure Services at Infosys, NIIT Tech. and Wipro. He had successfully won & executed large transformation programs to deliver superior outcomes for his customers
7, Oct 2024
RGCIRC Marks HOPE’24, Experts Raise Awareness Ahead of Hospice and Palliative Care Day
New Delhi, Oct 7: Rajiv Gandhi Cancer Institute & Research Centre (RGCIRC), an apex institution for cancer care, organized a daylong event ‘Hospice & Palliative Care Event 24’ (HOPE’24) ahead of the World Hospice and Palliative Care Day. The event brought together more than 200 participants, including prominent doctors, experts, patients, caregivers, social workers, and medical staff, to discuss and dissipate the essence of hospice and palliative care in the country.
The event emphasized that palliative care is about more than just treatment; it focuses on providing comfort, dignity, and support to those facing serious illnesses, like cancer. Patients and caregivers engaged in an interactive session that explored the true meaning of palliative care, shared inspiring stories, and were provided valuable practical resources and recent advancements.

Mr. D. S. Negi, CEO, RGCIRC, said, “Doctors and medical support staff face numerous challenges in providing comprehensive Hospice and Palliative Care. Apart from the emotional resistance from family to forming support groups, the infrastructure in India is also lacking. There is an urgent need to bridge the gap between patient needs and healthcare provider practices to enhance the delivery of palliative care in India. “
The event also raised awareness about palliative care, advanced care planning and advance medical directives.
Discussing the need for advanced care planning (ACP) during the cancer treatment, Dr. Kinshuki Jain, Head, Department of Pain and Palliative care, RGCIRC, Rohini, “This is especially relevant for life-limiting illness eg- cancer where ACP may ensure that patients do not endure treatment that may not align with their wishes or quality of life preferences. It’s crucial to empower patients and their families to engage in these conversations early on, minimizing the occurrence of futile treatments. Additionally, raising awareness about palliative care and promoting the concept of living wills can facilitate important discussions about patients’ wishes and goals. Taking these conversations to the grassroots level will empower individuals to advocate for their own care preferences, ensuring their voices are heard and respected throughout their treatment journey and ensure that even death is dignified”
To spread this essence, the Department of Pain and Palliative Care of RGCIRC, Rohini also organized a sub-event titled ‘Meri Kahani Suno’, wherein painting, E-poster and write ups entries were invited from all stakeholders which received an overwhelming response from all strata.
The event focused on enhancing the quality of life for patients and their families, addressing not just physical symptoms but also emotional, social, and spiritual needs. By fostering a holistic approach to care, the deliberations aimed to create a more compassionate environment for those facing serious illnesses.
