30, Jan 2024
Moduco and Puerto Verde Holdings Forge Strategic Alliance for Sustainable Construction in Texas
Surat, Gujarat- January 30, 2024: Moduco and Puerto Verde Holdings are together pleased to announce the signing of the landmark Memorandum of Understanding (MOU) to drive Texas’ construction unit manufacturing. The deal was formalized during a ceremonial delegation visit headed by Governor Greg Abbott, marking a significant turning point for environmentally friendly building methods in the area.
Among the notable attendees at the event were Arun Agarwal, the vice chair of Texas economic development, Jane Nelson, the state secretary of Texas, and Ruben Garibay from Puerto Verde Holdings.
With invitations from important economic development organizations across the United States, this partnership represents an enormous potential for Moduco in 2024 and highlights the importance of its creative construction methodology.
The company is well-known for producing environmentally friendly residences, workplaces, and structures, and is poised to have a significant influence on Texas’ building market. The business’s use of environmentally friendly materials demonstrates its dedication to ethical building methods.
“In the evolving landscape, the world is swiftly transitioning, with manufacturing embracing 80% technology and 20% manual machinery. Strikingly, the construction industry stands in reverse. Even in this golden age of technology, construction persists in manual processes. Post-COVID, it is high time we embrace the change. Whether today or tomorrow, change is inevitable. The wise embrace it early, securing the benefits of transformation,” says Naitik Lakhani, Founder & CEO at Moduco. “Our commitment to environmentally friendly materials aligns perfectly with Puerto Verde Holdings’ vision for a greener future.”
“Moduco is transforming global home construction, delivering better, faster, and safer processes. As the Master Distributor for Texas and Partner in the upcoming Mexico Factory, I, recognize Moduco’s impact: a revolutionary solution for everyone. Proud to be part of Moduco’s success, its streamlined processes ensure superior quality at an affordable price—changing the game in America and beyond,” said Ricardo Montoya, Master Associate Partner of Moduco Texas.
In the words of Ruben Garibay, Chairman, Puerto Verde Holdings, USA, “We are pleased to be collaborating with MODUCO on this fantastic project that serves our mutual goal of providing affordable housing at a level of quality that homeowners deserve. The chosen region will consume thousands of a wide variety of homes and products MODUCO will produce with local labor.”
Governor Greg Abbott, the first lady, and all those present are thanked by Moduco for their support as they embark on this incredible journey. Moduco is unwavering in its resolve to transform the building industry by utilizing ecologically conscious and sustainable methods.
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- By Rabindra
30, Jan 2024
T-Hub Hosts Anthill Ventures’ Pioneering Family Office Alliance
Hyderabad, 30 January 2024 – T-Hub, India’s leading startup incubator, today witnessed the launch event of India’s first-ever Family Office Alliance by Anthill Ventures. The event aimed to elevate Telangana and India’s startup landscape, providing unparalleled opportunities for entrepreneurs to scale rapidly with global support.
The event took place at T-Hub and brought together distinguished European and Indian Family Offices to cultivate cultural connections, facilitate networking relationships, and explore investment opportunities between the vibrant ecosystems of India and Europe. Dignitaries in attendance included Honourable IT Minister of State Sri D. Sridhar Babu and Principal Secretary, Department of Information Technology, Electronics & Communications (ITE&C) and Department of Industries & Commerce, Jayesh Ranjan as Chief Guests. Notable figures such as Indian actor, Producer, and Techpreneur Rana Daggubati, Cyient & Chairman at IIT Hyderabad BVR Mohan Reddy, Founder of iLabs, Srinivasa Raju Chintalapati, NAR Infra’s Executive Director, Parvathi Reddy, and the CEO of T-Hub Mahankali Srinivas Rao graced the occasion.
Honourable Chief Guest Sri D. Sridhar Babu led a welcoming panel on Telangana, emphasising the state’s vast entrepreneurial potential for global investors & entrepreneurs. The panel, featuring luminaries such as Parvathi Reddy, Srinivas Rao Mahankali, and Honourable Principal Secretary ITE & Commerce Jayesh Ranjan, provided insights into the region’s burgeoning startup ecosystem. Honourable IT Minister of State Sri D. Sridhar Babu remarked, “Telangana stands as a beacon for global investors and entrepreneurs, offering vast opportunities in our dynamic and thriving startup ecosystem. This was followed by an addressal by the Founder of the Family Office Alliance Philip von Wulffen & Anthill Venture’s CEO & Founder Prasad Vanga on the manifestation & evolution of the Family Office Alliance.
Mahankali Srinivas Rao, CEO of T-Hub, said, ” The event solidifies our commitment to nurturing innovation and fostering global collaborations. The Family Office Alliance is a testament to our vision of creating a conducive environment for businesses to flourish, and we are excited about the transformative impact it will have on the entrepreneurial landscape of India.”
T-Hub, through its robust innovation ecosystem, has been instrumental in nurturing over 3,000 startups, engaging with 150 mentors, collaborating with 350 corporate partners, and resulting in a remarkable $1.9 billion raised investments by its startups.
Prasad Vanga, CEO and Founder, Anthill Ventures, said, “The support that this incredible country and the state of Telangana offers to the visionaries of tomorrow — brave entrepreneurs manifesting ideas that contribute to smart and better living across a series of industries for generations to come from now to Gen Z, Gen X and beyond — deserves a platform like this. We are here to back this vision through these focussed alliances that will allow the industry to #scalewithspeed with the intent to bring the best of great companies and prescient entrepreneurs across Urban Lifestyle and Urban Tech. We couldn’t be more grateful for the support of the Family Office Alliance and T-Hub to make this unique event come to life.”
The event successfully served as a platform for collaboration, solidifying connections and paving the way for future engagements between European and Indian Family Offices. It also witnessed compelling Family Office Panel Discussion with industry leaders such as BVR Mohan Reddy, Srinivasa Raju Chintalapati, Kristin Bjelland (CEO, Bjella Investments), and Cristina Ventura (General Partner, White Star Capital). Delving into innovation, a panel discussion on the impact of Artificial Intelligence on Content Creation, Indian consumer trends, and tech markets included insights from notable figures like Rana Daggubati, Rauno Miljand (Skype Manager and Family Office Principal), Peder Wallenberg (Senior Partner, Cohesion Investments), and Akis Evangelidis (Co-Founder, Nothing). The event concluded with a keynote address by Aditya Ghosh, Co-founder & Board Member of Akasa Air, providing valuable perspectives on scaling up in the Indian market, followed by an exclusive tour of T-Works, India’s largest prototyping center. Notably, the esteemed guests at the event were invited by Anthill Ventures, showcasing the organization’s commitment to fostering global collaborations and providing a platform for impactful discussions.
30, Jan 2024
Alice Blue’s Ascent to 1 Million Derivative Traders by 2025
Bengaluru 30th Jan 2024: Alice Blue, a Bengaluru-based discount stock broker that offers a platform to trade equities, derivatives, commodities, currencies, mutual funds, and IPOs has set an ambitious goal of reaching 1 million derivative traders by 2025. In the past few years, the financial market system in India is witnessed a huge surge in derivatives turnover and trading volume. The surge in turnover of derivatives is unprecedented and meteoric, as it has even surpassed the volumes of the cash segment. This has established derivatives as an ideal investment instrument that can be highly profitable to investors. However, investing in derivatives requires a detailed understanding of the instrument. This is where Alice Blue steps in and aims to disrupt the derivative market of India.
What is Derivative Trading and How Alice Blue is making strides in the market
Derivatives are instruments that derive their value from underlying assets, such as stocks, indices, commodities, and currencies. They are used to hedge against risks, speculate on price movements, or leverage returns. Derivatives trading in India is regulated by the Securities and Exchange Board of India (SEBI) and can be done through various exchanges, such as the National Stock Exchange (NSE), the Bombay Stock Exchange (BSE), the Multi Commodity Exchange (MCX), and the National Commodity and Derivatives Exchange (NCDEX).
According to SEBI data, the total turnover of the derivatives market in India was Rs. 1,444 lakh crore in 2020-21, a 58% increase from the previous year. The equity derivatives segment accounted for 88% of the total turnover, followed by the currency derivatives segment with 8%, and the commodity derivatives segment with 4%.
In this changing dynamic landscape of the Indian derivative marketplace, Alice Blue is emerging as a trailblazer, making significant strides with its innovative approach and comprehensive understanding of derivatives. The platform stands out by providing users with valuable resources that demystify the complexities of derivatives trading. Through detailed insights available on their official website, Alice Blue educates traders on various types of derivatives, empowering them to make informed decisions.
Alice Blue’s commitment to transparency and education is also evident in their comprehensive guide that serves as a knowledge hub, elucidating the fundamentals of derivatives and equipping traders with the necessary understanding to navigate the derivative market confidently.
Today, with the offering of trading facilities across all segments and exchanges, Alice Blue has a market share of 3.5% in the equity derivatives segment, 2.8% in the currency derivatives segment, and 1.9% in the commodity derivatives segment. Alice Blue has also been awarded by NSE and MCX for its excellence in derivatives trading.
Alice Blue’s competitive edge lies in its unique products, technology, and pricing. The company offers ANT, a trading platform and app that provides superior user experience, cutting-edge technology, and advanced trading features. ANT also allows users to automate their trades or build their own trading platform with free APIs. Alice Blue also offers zero fees for equity delivery, mutual funds, and IPOs, and a flat fee of Rs. 15 per order for all other segments. This makes Alice Blue one of the most cost-efficient brokers in the industry with zero clearing member charges.
How Alice Blue is attracting and retaining customers
Alice Blue’s vision is to be the Number 1 choice of Traders & Investors in India, by providing them with the products, services, and education. The company aims to grow it to 1 million by 2025 and to achieve this, Alice Blue has adopted various strategies, such as:
● Providing a seamless and hassle-free account opening process, which can be done online in 15 minutes with PAN and Aadhaar card.
● Offering a range of investment options, such as stocks, FNO, commodities, mutual funds, IPOs, bonds, and equity.
● Conducting regular webinars, workshops, and courses on various topics related to trading and investing, through its Trade School initiative.
● Launching innovative campaigns and programs, such as the Refer and Earn program.
● Providing excellent customer support, through a dedicated centralised customer support team for client + partner queries, call and trade facility, and email support.
How Alice Blue is preparing for the future
Alice Blue is not resting on its laurels but is constantly innovating and improving its products and services, to cater to the evolving needs and preferences of its customers. The company has a strong focus on technology, and is investing heavily in developing new features and functionalities for its ANT web platform and ANT Mobi 2.0 app. Some of the upcoming features include:
● ANT Scanner, a tool that scans the market for trading opportunities based on predefined criteria and alerts the user.
● ANT Screener, a tool that filters and sorts stocks, FNO, commodities, and currencies based on various parameters and indicators.
Alice Blue is also expanding its presence across the country, by opening new branches and franchises and partnering with local brokers and sub-brokers. The company currently has over 20+ branches and 15,000 partners, and plans to increase them by 50K, by 2025.
30, Jan 2024
Annual Sports Meet of Techno India Group Public School, Garia ‘UDGAM- 2024’
Kolkata, 30th January 2024: The Annual Sports Meet of Techno India Group Public School, Garia ‘UDGAM- 2024’was an extravaganza which continued for five days with great mirth and verve. A wide array of sports events for all classes were held which included Flat Race, Pick Up the Healthy Food Race, Sandwich Race, Skipping Race, Backward Race, Sack Race, Anti Germs Race and so on. Students and teachers enjoyed the events wholeheartedly amidst the thrills and cheers. The Sports Meet had the theme–Green and Healthy India, it was declared open by releasing doves in the air which symbolizes peace in celebration of unity and strength. Participants from Netaji House (Red), Teresa House (Blue), Vivekananda House (Yellow), and Tagore House(Green) displayed their zest. The rhythmic movements of the drill presented by students of Pre-Primary and Primary section enthralled the spectators. In all the other events, the athletes displayed their team spirit, vigour and physical prowess. Tagore House was adjudged the winner after the performances of the participants. Winners were given medals and trophies. On the penultimate day, Mrs Suman Sood, Director, BD Memorial Schools was the Chief Guest. The programme culminated on the 75th Republic Day which included a spectacular well-synchronized March Past by the four houses along with the unfurling of our National Flag by our respected Principal Madam Ms. Tania Sen and Prof. Madam Manoshi Roychowdhury, Co- Chairperson of Techno India Group. Parents, Staff and Heads of different units of TIGPS graced the occasion and the events were certainly a feast for the eyes.
30, Jan 2024
JAIN Deemed-to-be-University collaborates with ICAI to shape future leaders
Bengaluru 30th January 2024: JAIN (Deemed-to-be-University) and the Institute of Chartered Accountants of India (ICAI) have formalized their collaboration with a Memorandum of Understanding (MoU) to signify a noteworthy advancement in commerce and accountancy education. This MoU was inked on January 22nd during the National Education Summit on Commerce and Accountancy (NES-CA) 2024, which aims at advancing shared objectives and cultivating a strong partnership in the domains of commerce, accountancy, and finance.
The event where the landmark MoU was signed was adorned with the presence of Chief Guest Prof. Deepak Kumar Srivastava, Vice-Chairman of the University Grants Commission, New Delhi, alongside distinguished included CA. Aniket Sunil Talati, President of ICAI, CA. Ranjeet Kumar Agarwal Vice President of ICAI, CA. Vishal Doshi Chairman of the Board of Studies, CA. Dayaniwas Sharma, Vice-Chairman of the Board of Studies and faculty members from JAIN (Deemed-to-be-University)
This collaboration is primarily aimed at expanding academic cooperation in specialized commerce courses including B.Com, B.Com (Hons.), M.Com, Certificate, and Diploma programs. This innovative partnership aims to fuse CA coaching seamlessly into the B.Com curriculum to enhance the quality of commerce education and position JAIN University’s School of Commerce as a premier institution to offer BCom with CA coaching, not only in Bangalore but nationwide. Through this collaboration, ICAI and JAIN will develop collaborative programs to foster intellectual and cultural growth within their academic domains, creating a mutually beneficial alliance.
As part of the MoU, ICAI will conduct specific training sessions in accordance with the New Education Policy, 2020, and organize special sessions for students conducted by the Chartered Accountants fraternity. Additionally, the MoU will facilitate a faculty development program with a focus on promoting the evolving teaching practices relevant to the domain as well as motivating the faculty to achieve a competitive teaching and learning environment. This program will be led by ICAI, which will nominate up to two experts per subject to enrich the governance structure of both institutions. Additionally, The University will now recognize Chartered Accountants Qualification as equivalent to a Post Graduate Degree for admission to Ph.D. in Management or Commerce and allied programs.
Dr. Jitendra Kumar Mishra, Registrar at JAIN (Deemed-to-be University), expressed optimism about the collaboration and said, ” The collaboration between ICAI and JAIN reflects mutual dedication to elevating the standards of commerce and accountancy education which will create opportunities for academic excellence, and foster stronger institutional ties. We anticipate that this partnership will enhance the curriculum and enrich the teaching-learning processes at the School of Commerce, JAIN (Deemed-to-be University).”
30, Jan 2024
Dwarka Expressway and New Gurugram emerged as Most demanding real estate hubs
Gurugram: India’s real estate market has witnessed an unprecedented surge in demand for residential properties throughout the year 2023. According to the latest PropIndex Magicbricks report, Gurugram has experienced a remarkable 43.2% growth in its average real estate rates over the last eight quarters. This substantial increase not only reflects the market’s resilience but also underscores its sustained and robust nature. Particularly noteworthy is the significant uptick observed in the recent quarters, culminating in a remarkable 13.8% quarter-on-quarter (QoQ) rise in the last quarter, reinforcing Gurugram’s pivotal role in the residential real estate sector.
At the forefront of this dynamic market are two prominent locales, Dwarka Expressway, and New Gurugram, each carving out a unique identity and contributing to the city’s emergence as a hotspot for those seeking a perfect blend of contemporary living and connectivity.
Remarkably, Dwarka Expressway and New Gurugram have emerged as the most demanding locations, witnessing the highest demand and being the most searched for 3 BHK luxury units in the last two years. This surge in popularity is further accentuated by the substantial increase in prices, with a noteworthy jump from Rs 8,016 to Rs 11,483, reflecting an impressive 43.2% average growth over the last eight quarters. The allure of these locales lies in their ability to offer not just residences but an unparalleled lifestyle that combines modern living with exceptional connectivity, making Gurugram a beacon in the realm of residential real estate.
Mr. Ravi Aggarwal, Co-Founder & Managing Director of Signature Global (India) Ltd., stated, “As the demand for quality living spaces continues to rise, Gurugram’s residential preferences align with Transit Oriented Development corridors. Dwarka Expressway, New Gurugram, SPR, and South of Gurugram (Sohna) have become focal points, offering not just residences but lifestyles enriched by superior connectivity and amenities.”
He further adds, “Dwarka Expressway maintains its position as the leading destination. This accolade is attributed to its robust commercial and retail infrastructure, complemented by superior social amenities. Post-COVID era demand for large homes has increased, and the recent Magic Bricks PropIndex report echoed the same sentiment about luxury and mid-housing properties. This trend indicates a promising future for growing locations across the millennium city.”
The National Housing Bank’s latest report further validates Gurugram’s real estate prowess, revealing a staggering 29.1% increase in the House Price Index (HPI) for under-construction properties in the third quarter of 2023, surpassing the 50-city average. This surge in demand is not merely a statistical anomaly but a testament to the discerning clientele’s pursuit of not just a home but an elevated living experience.
The recently published PropIndex Magicbricks report sheds light on the top micro-markets in Gurugram with the highest number of searches in the fourth quarter of 2023. New Gurugram leads the charts, securing the first rank with an average rate of Rs 8,200, closely followed by Dwarka Expressway at the second rank with an average rate of Rs 10,700. Southern Peripheral Road clinches the eighth position with an average rate of Rs 11,100.
Furthermore, the Gurugram residential real estate market exhibits a diverse pricing spectrum, ranging from INR 8,000 to 15,300 psf, encompassing a wide range of property configurations.
various configurations. The average rate for 1 BHK residence is INR 8,000 psf, whereas the luxury segments, particularly 3 BHK and above, command an average rate of INR 15,300 psf.
In the residential domain, significant attention is directed towards the highly sought-after 3 BHK units, which currently dominate with a 54% market share. The 2 BHK units are closely behind, securing a notable 29% of the demand. Moreover, properties within the cover area of 2,000-3,000 sq. ft. and above 3,000 sq. ft. emerge as the focal point, collectively holding an impressive market share of 47% and 44% respectively. This underscores the preferences of discerning homebuyers who prioritize expansive and well-designed residences.
A noteworthy aspect of Gurugram’s real estate dynamics is the strong inclination towards the luxury segment. Properties priced above INR 10,000 per square foot are witnessing heightened demand, underscoring the city’s appeal to discerning luxury property seekers.
Dwarka Expressway and New Gurugram have established themselves as the highest-demand markets in Millennium City, fueled by the convergence of economic opportunities, connectivity advantages, and evolving consumer preferences. As Gurugram continues to evolve as a prime real estate destination, these micro markets are poised to play a pivotal role in shaping the city’s future real estate landscape.
30, Jan 2024
CarTrade Tech’s CarWale abSure Achieves Remarkable Milestone With 1000+ Cars Sold
30th January 2024, India: CarWale abSure – part of CarTrade Tech Ltd., a multi-channel auto platform to provide hassle-free buying and selling experience to customers, proudly announces the successful sale of over 1000 cars in the month of December 2023. This outstanding achievement is a testament to the platform’s commitment to providing customers with a seamless and transparent used vehicle buying and selling experience. Additionally, the achievement represents a remarkable year-over-year increase of 160 % compared to the same period in the previous year, showcasing CarWale abSure’s substantial growth in sales.
The December 2023 sales data reveals a significant surge, with over 40% of the transactions exceeding the 10-lakh price bracket. Notably, the premium segment witnessed a strong presence of Mercedes, securing an overall 5% of transactions and claiming an impressive 40% market share in the premium segment. Other popular models contributing to this success include Honda City (4.4%), Hyundai Elite i20 (3.7%), Innova Crysta (3.5%), Hyundai Creta (3.2%), and Hyundai Grand i10 (3.2%).
In response to this achievement, Abhishek Patodia, President, CarWale abSure, shared, “We are extremely proud that we have achieved the milestone of over 1000 cars sold through CarWale abSure and Signature dealers in the month of December 2023. As pioneers in the used car ecosystem, CarTrade is at the forefront of innovation, and the sale of 1000 cars on December 23 showcases that consumers want the AbSure offering. Through our platform, we empower a seamless, industry-specific experience, enabling effortless transactions in buying and selling pre-owned vehicles.”
CarWale abSure’s strategic initiatives played a pivotal role in achieving this milestone. High-impact marketing on CarWale used car pages, customised offers and online presence captured the attention of buyers.
As the automotive industry continues to evolve, CarWale abSure remains committed to providing an unparalleled platform for car enthusiasts and buyers, setting new benchmarks in the industry with each passing month.
30, Jan 2024
Outlook Survey Reveals 36% or nearly 4 out of 10 of Individuals Above 40 Navigate Without Professional Financial Guidance
January 30, 2024: In a groundbreaking initiative to decode the financial intricacies of retirement planning in India, a recent survey has surfaced with exclusive insights that promise to reshape the way individuals approach their golden years.
With a meticulous execution that included 1,735 interviews spanning over 20 cities, encompassing both metros and non-metros, the survey has unveiled noteworthy trends in retirement planning. Survey findings on the retirement planning behaviours of individuals around the age of 35, reveals that an impressive 75% have already initiated retirement planning. The survey underscores that their priorities predominantly revolve around health expenses and children’s education, with approximately 70% emphasising these crucial areas.
A striking revelation from ‘The Outlook – Toluna Survey’ on Retirement indicates that 61% of respondents rely on family wealth, while 39% depend on their spouse or children for retirement financing, showcasing a significant reliance on familial support. Furthermore, the survey highlighted a disorganised approach, with 36% of individuals above 40 lacking a professional advisor for their retirement planning.
Nidhi Sinha, Editor, Outlook Money commented on the findings, saying, “The retirement survey by Outlook Money and Toluna aims to find out India’s preparedness for retirement. The insights into the data show that though people have started saving, retirement is not yet a focused goal for most. Indians still need to go a long way in becoming serious about their own well-being in old age.”
In terms of investment patterns, respondents said they allocate an average of 17% of their total income, dedicating 21% specifically to retirement. This allocation demonstrates a balanced split between growth and guaranteed instruments. Noteworthy is the preference for equity mutual funds, with 76% of respondents choosing this option. In contrast, 68% opt for low-growth-guaranteed-return instruments like life insurance, and 64% favour fixed deposits.
Surprisingly, government schemes such as small savings (13%) and the National Pension System (15%) attracted less interest among respondents above 40, according to the survey. A one-of-a-kind comprehensive survey, The Outlook Toluna Survey on Retirement is an essential resource for individuals, financial planners, and policymakers seeking a deeper understanding of retirement planning trends in India.
The ‘40After40’ expo by Outlook Money was held on January 23-24, 2024, at the prestigious Jio World Convention Centre in Mumbai, featured an impressive lineup of over 40 distinguished speakers, attracting over 4000 attendees and hosting 50+ exhibitors. The event provided a unique opportunity for participants to engage in insightful panel discussions, interactive chats, enlightening masterclasses, and connect with seasoned planners and industry experts.
Distinguished speakers at the “40After40” Retirement Planning Expo included influential figures from various domains, offering a rich tapestry of expertise and insights. Notable financial leaders gracing the event were Bharat Shah, Executive Director of ASK Group; Deepak Mohanty, Chairman of the Pension Fund Regulatory and Development Authority (PFRDA); and Madan Sabnavis, Chief Economist of Bank of Baroda. The lineup also featured
eminent public figures such as national award-winning actor Manoj Bajpayee, Former Captain of the Indian Women’s Cricket Team Mithali Raj, India’s leading storyteller Neelesh Misra, Columnist, Author, and Yoga Acharya Ira Trivedi, Indian Mythologist and Author Devdutt Pattanaik, and Senior Age Model and Actor Dinesh Mohan.
Over the course of two days, the expo boasted an impressive array of speakers, including M Jagannath, MD of LIC of India; Ananth Narayan Gopalkrishnan, Whole Time Member of SEBI; A Balasubramanian, MD & CEO of Aditya Birla Sun Life AMC; Vishal Kapoor, CEO of Bandhan MF; Nilesh Shah, MD of Kotak Mahindra Asset Management; Prashant Tripathy, MD & CEO of Max Life Insurance; Swarup Mohanty, Vice Chairman & CEO of Mirae Asset Managers (India); Vibha Padalkar, MD & CEO of HDFC Life Insurance; Amit Jhingran, MD & CEO of SBI Life Insurance; Sashi Krishnan, CEO of National Pension System Trust; Vijay Chandok, MD & CEO of ICICI Securities; and Anup Bagchi, MD & CEO of ICICI Prudential Life Insurance. These industry stalwarts collectively provided invaluable perspectives to guide attendees on their retirement planning journey.
Over two days of engaging sessions, the expo successfully delivered invaluable insights and expert guidance. Attendees were empowered with the knowledge needed to make informed decisions, steering them towards a secure and prosperous retirement journey. The event stands as a testament to the importance of proactive retirement planning, providing a roadmap for individuals to navigate this critical phase of life with confidence and foresight.
30, Jan 2024
Paytm announces exclusive 100% cashback offer for devotees traveling to Ayodhya through flight and bus
One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading payments and financial services company and the pioneer of QR and mobile payments, has introduced a special offer on flight and bus tickets for pilgrims visiting Ayodhya to witness the grandeur of the Ram Temple in Uttar Pradesh.
The company is offering this exclusive offer for budget-friendly travellers with an opportunity to enjoy 100% cashback on their bus and flight bookings to Ayodhya. Utilizing the promo code ‘BUSAYODHYA’ for bus bookings and ‘FLYAYODHYA’ for flight bookings, every tenth user becomes eligible for this outstanding cashback offer. Bus travelers can receive cashback of up to ₹1,000, while those booking flight tickets stand a chance to win up to ₹5,000 in cashback.
Additionally, users can leverage the ‘Free Cancellation’ option providing flexibility in case of change in plans, and get hassle-free 100% refund in their source account without providing a reason.
To enhance the travel experience, Paytm offers a live bus tracking service, ensuring users can journey at ease while also sharing the real-time location of their booked bus with their close ones. The company also assures the best prices for both one-way and round-trip flight ticket bookings.
Paytm Spokesperson said, “Being at the forefront of mobile payments and QR technology, we are delighted to introduce this exclusive offer for devotees traveling to Ayodhya. Through our exclusive offers, including 100% cashback on bus and flight bookings, our goal is to help users with seamless travel to Ayodhya.”
30, Jan 2024
Samsung R&D Institute, Noida Signs MoU with IIT Kanpur
Bengaluru, January 30, 2024: Samsung R&D Institute, Noida (SRI-Noida) has signed a Memorandum of Understanding (MoU) with The Indian Institute of Technology Kanpur (IITK) for a period of five years to focus on key growth areas that will include joint research projects by IIT Kanpur students, faculty and Samsung engineers, helping students become industry-ready. These research projects will span areas such as health, visual, framework, and B2B security, and cutting-edge technology areas such as Generative AI and Cloud.
Apart from research projects, the MoU seeks to provide opportunities for upskilling Samsung engineers in key technology areas such as AI, Cloud, and other emerging technologies.
The MoU was signed by Mr. Kyungyun Roo, Managing Director, SRI-Noida, Prof. Tarun Gupta, Dean, Research and Development, IIT Kanpur and in the presence of Prof. S. Ganesh, Director, IIT Kanpur; Prof. Sandeep Verma, Department of Chemistry, IIT Kanpur; Prof. Tushar Sandhan, Department of Electrical Engineering, IIT Kanpur; and other senior delegates from Samsung.
“We are excited to begin this collaborative journey with IIT Kanpur. This collaboration reflects our dedication towards merging academic excellence with industrial innovation, thereby making students industry-ready. We look forward to a dynamic exchange of ideas, knowledge and talent, which will certainly play a crucial role in the success of groundbreaking projects and contribute to the growth of both Samsung and IIT Kanpur,” said Mr. Kyungyun Roo, Managing Director, SRI-Noida.
“By combining the academic excellence of IIT Kanpur with the industry expertise of Samsung India, we aim to create a dynamic environment for cutting-edge projects and provide invaluable opportunities for our students and researchers. This MoU complements IIT Kanpur’s relentless efforts in bridging the gap between academia and industry, while creating a connection between theoretical knowledge and practical industry solutions,” said Prof. S. Ganesh, Director, IIT Kanpur.
“The MoU reflects our commitment to providing our students and researchers with opportunities that go beyond academics, contributing significantly to technological advancements and growth of the academic landscape of our institute,” said Prof. Tarun Gupta, Dean, Research and Development, IIT Kanpur.
As part of the joint research projects, students and faculty of IIT Kanpur will work on real-world industry challenges, aligning themselves with actual market needs. They will also work on Digital India related solutions, along with Samsung engineers.
Students and faculty of IIT Kanpur will also be encouraged to publish joint research papers with Samsung engineers.
Under the upskilling opportunities for Samsung engineers, IIT Kanpur will conduct specialized training programs in various domains, providing them with access to the institute’s renowned expertise, culminating in degree programs, certifications and specialized courses tailored to enhance the skill and knowledge of Samsung engineers.
