8, Nov 2023
Paytm se ONDC launches Diwali Sale, buy sweets, ethnic wear, dry fruits, electronics at up to 60 Percent discount

Paytm E-commerce Private Limited (PEPL) has launched Diwali Sale offers on Paytm se ONDC Network. Under this, users can get access to a wide range of products across categories at up to 60% discount. The company is a leading buyer app on the ONDC Network.

On Paytm ONDC Grocery, users can order sweets, dry fruits, and chocolate gift packs from Ghasitaram’s, Dryfruitwala, Farmley, Nova Nova, and Ferns & Petals at a 50% discount. Similarly, on Electronics, Beauty and Personal Care, Fashion and accessories, and Home and kitchen, users can avail up to 60% off on brands such as 99 Wholesale, Dharohar, Rasoi Shop, Myglamm, Villain, The Natural Wash, Samvita Sarees, Divine Ethnics, and Homestic Appliance. Moreover, popular sweets outlets like Haldiram’s, Bikanervala, Om Sweets, and others are offering gulab jamun, laddoo, and kaju katli starting from ₹35 on the Paytm se ONDC.

Savings diwali 2

Paytm was the first to go live on the ONDC Network and launched Paytm se ONDC Network on the Paytm app powered by PEPL. The company has been growing exponentially offering 200+ brands across different categories

Paytm se ONDC Network Spokesperson said, “With this Diwali Sale offers, we aim to provide the best offers and amazing deals on 200+ brands across different categories to our users at reasonable prices to save big during the festive season. Users can buy sweets, dry fruits, decorative lights, sarees, kitchen appliances, etc at huge discounts.”

Backed by the Government of India, the Open Network for Digital Commerce (ONDC) has been created to democratize the existing e-commerce ecosystem of the country. Since its launch in Bengaluru, ONDC has expanded its presence to Delhi-NCR, Mumbai, Kolkata, Chennai, Kanchipuram, Hyderabad, Bagalkot and Lucknow. Paytm is a frontrunner in ONDC and is live across categories like Food and beverage, Grocery, Home and kitchen, Fashion, Electronics, Health and wellness, and Beauty and personal care.

8, Nov 2023
Key Highlights from Franklin Templeton’sAPAC nvestor Forum 2023

Experts discuss opportunities and risks for investors navigating

a complex investment landscape

Franklin Templeton hosted its flagship APAC Investor Forum 2023, a hybrid event in Hong Kong that brings together a panel of investment experts, including our CIOs and Portfolio Managers from our collection of Specialist Investment Management teams, to discuss the evolving investment landscape marked by geopolitical shifts, technological innovation, and changing demographics, and their investment perspectives for the new environment.

APAC Investor Forum hosted by Franklin Templeton

Commenting on recession risk and opportunities in 2024, Stephen Dover, Chief Market Strategist and Head of the Franklin Templeton Institute said: “While the likelihood of a least a mild of recession in the U.S. remains high, emerging markets, in particular Asia, may be more resilient. A weakening US dollar should support emerging markets, particularly those that will benefit from shifting supply chain dynamics. Lower debt levels, inflation, interest rates, and solid fiscal policy puts many Asian countries in a more favorable position. We see the greatest opportunities in Japan which is seeing a reversal of multi decade trends that are now showing positive momentum. We also see opportunities in Southern Asia. From an asset class perspective, fixed income globally is attractive as interest rates are at 10-year highs and are likely near peak levels in most regions. In terms of equities, we do not think U.S. earnings expectations are priced for an earnings slowdown. We prefer equity markets outside of the US.”

Commenting on inflation and rates outlook, Dr. Sonal Desai, Chief Investment Officer, Franklin Templeton Fixed Income, said: “I think we are getting closer to peak rates and the markets are starting to internalize what the Federal Reserve intends to do over the coming quarters; however, they are still overestimating the likelihood of rate cuts next year. We believe it is very possible that the Federal Reserve will not start easing at least until the end of 2024. There are a few factors behind this: 1) Supply issues (expected massive US fiscal deficits over the next several years); 2) Demand issues (Japan and China – two major holders of US treasuries – are likely to show less interest in US debt going forward); 3) Fundamental factors (inflation is likely stickier than markets expect as getting back to 2% inflation is challenging). All of this, combined with the market pricing in the return of a healthier level of term premia and a real rate closer to pre-global financial crisis averages is pushing long-term rates higher. This process, supported by the short-end rates rallying, has helped steepen the US yield curve which is what we have been positioned for.

As the financial market adjustment to the ‘’old normal’’ of higher rates takes time and brings about more volatility, we encourage investors to look for investment opportunities in fixed income which delivers attractive income while acting as a reliable diversifier to equities again. Our preference is to position in higher quality sectors while slowly moving further out the curve. Investment grade credit bonds with their all-in yield at 6%+, high-quality mortgages, and select opportunities in the high yield all look attractive.’’

sonal desai 1

Speaking on the sidelines of the Forum, Ed Perks, Chief Investment Officer, Franklin Income Investors, said: “The impact of higher-for-longer rates is now filtering down into the US economy, as small and medium-sized businesses are starting to feel the effects of not just the Fed’s tightening policy, but also the much more magnified and pronounced rise in longer-term interest rates. This has implications for both fixed-income and equity markets, and we are starting to see cracks in corporate earnings, there will be additional pressure if rates stay high in the long term. For income investors, higher interest rates are widening the fixed income opportunity set for achieving yield, and investment-grade corporate bonds stand out to us in the current environment as they offer attractive income, total return, and risk management potential. Looking ahead, if we do see the US economy start to decelerate and the Fed progresses closer to its inflation target and gains comfort with lowering rates in the second half of 2024 into 2025, that would provide a nice tailwind for total returns in fixed-income.”

Commenting on the outlook for developed market equities, Jonathan Curtis, incoming Chief Investment Officer, Franklin Equity Group, said: “Developed markets, and the US economy in particular, are showing signs of relative resilience and growth, thus making them attractive in this period of increasing macro and geopolitical uncertainty. We also see supportive valuations down the market cap spectrum in companies with exposure to the key themes we like including digital transformation, healthcare innovation, and energy transformation. This valuation disconnect creates an opportunity for investors to diversify their portfolios beyond the handful of large-cap growth businesses that have dominated the market for the past decade. We believe that mid-cap investments in the current environment.

First, we believe mid-cap and small-cap growth businesses are generally undervalued at the moment compared to their large growth counterparts. The price-to-earnings multiple on the market cap-weighted S&P500 hasn’t been this elevated vs the S&P500 equal-weighted index for at least the past 13 years. Second, mid-cap and small-cap businesses tend to be more sensitive to the economic cycle and may benefit from still resilient consumer spending and business activity. That said, investors should be wary of signs that less affluent consumers are starting to bear the pressures of higher interest rates. Finally, mid-cap and small-cap businesses offer more potential for innovation and disruption than large-cap businesses, as they are often nimbler and more adaptable to changing customer preferences, innovative technologies, and competitive pressures. They may also have more opportunities to expand into new markets, acquire other businesses, or become acquisition targets themselves.”

Commenting on the outlook for global and emerging market equities, Manraj Sekhon, Chief Investment Officer, Templeton Global Investments, said: “The current environment for global equity investors is unique. It offers a balance of near-term uncertainties and attractive long-term growth drivers. The short-term risks to the global economy include slower growth due to high-interest rates and elevated geopolitical challenges. This contrasts with the longer-term potential of breakthroughs in technology and healthcare alongside other secular trends. This environment provides fertile opportunities for long-term bottom-up investors, including Franklin Templeton.”

8, Nov 2023
Renewable Energy to Drive Cost Competitiveness for Industrial Consumers

Bengaluru: November 08, 2023: The Federation of Indian Chambers of Commerce and Industry (FICCI), jointly with Hero Futures Energies organized a Closed-Door Interaction on Renewable Energy Adoption by Industrial Consumers in Bengaluru. The key objective of the interaction was to showcase renewable energy solutions and technologies available for Indian industrial consumers, supporting their transition towards decarbonization and the net-zero journey.

Photo-01- FICCI jointly with Hero Futures Energies

Addressing the participants, Ms. Aparna Pavate, Additional Secretary, Energy Department, Government of Karnataka stated “Karnataka is taking pioneering steps to revolutionize the energy landscape. Karnataka Renewable Energy Policy 2022-2027 stands as a beacon of the state’s commitment to a greener future targeting to strengthen power sub-stations for evacuation, develop RE ecosystem, and augment distribution networks.” She also highlighted on the state initiative of developing hybrid parks which will produce a total of 5,000 MW of green energy. She further mentioned that India has made commendable progress in the renewable energy landscape, with more than 42% of current capacity built from of non-fossil energy sources.

Mr. Amarnath N, Chief Executive Officer, Karnataka Solar Power Development Corporation Ltd, Government of Karnataka mentioned that Karnataka is the pioneering state in the development of renewable energy with the policy initiative starting way back in 2009. He highlighted on the key initiatives taken in State RE Policies of 2009-14, 2014-21, and 2022-27 and stated that “appx 62% of the current power consumption in the state is from renewable sources.” He further invited industry to be a part of a proposed 5GW hybrid park, comprising of wind and solar resources.

Representing the industry, Mr. Harmit Singh Sethi, Co-Chair, of the FICCI Cement Committee and Executive Director and group Head, of Corporate Affairs and incubation, Dalmia Bharat Group highlighted that while cement (and sectors like steel) are hard-to-abate sectors, but these are the key industrial sectors to drive the renewable energy adoption in the nation. He further mentioned that “with the Government’s increased focus on infrastructure development and urbanization to increase from 33% to 40% by 2030, there is going to be increased demand for cement and hence an increased chance of GHG emissions.

Photo-02- FICCI jointly with Hero Futures Energies

Presenting the Renewable Energy Solutions for Industrial Consumers, Mr. Animesh Sharma, Head of Business Development – India C&I, Hero Future Energies highlighted on the huge potential for Renewable Energy in the Karnataka State, focussing on solar and wind sources, robust grid mechanism, and conducive policy framework. He further mentioned on the encouraging policies of Karnataka in terms of single window clearance, 60-days approval timeline, and adoption of open access rules, among others.

Mr. Chandan Dixit, Associate Director, Deloitte India presented on the renewable energy adoption trends and developments by industrial consumers. Mr. Ramesh Chandra Lahoti, President, of Karnataka Chambers of Commerce & Industry added on the plans and initiatives of the state industrial sector for decarbonization and adoption of renewable energy.

The discussions acknowledged that many corporates and industries have already committed to adopt green energy and are looking for solutions best suited to their operations. Such FICCI platforms facilitate this interaction among the two sectors of renewable energy and industrial consumers.

8, Nov 2023
Kolkata Gets Ready to Celebrate Festivities with Amazon Xperience Arena

Kolkata, 8th November 2023: Amazon.in has reported growth in double digits across West Bengal and Kolkata with the city becoming the top 10 high-performing regions in the Consumer Electronics and Personal Computing category during the Amazon Great Indian Festival 2023. Fueled by financial schemes such as no cost EMI, customers in Kolkata continue to opt for premium products and upgrade to the latest appliances during the festive season. The growth for the Consumer Electronics and Personal Computing category is driven by the encouraging demand from Tier 2 and 3 regions across the state of West Bengal.

Customers in Kolkata also got a glimpse of Amazon Great Indian Festival 2023 at The Oberoi Grand, Kolkata with the ‘Amazon Xperience Arena’ (AXA) culminating on 7th November,2023. This one-of-a-kind showcase gave media, influencers, and customers a chance to experience their favorite brands and products while participating in fun engagements. Across the seven interactive zones at the event, customers competed to win exciting rewards and a chance to interact with their top brands across categories.

Pic 1

Commenting on the occasion, Nishant Sardana, Director, Consumer Electronics, Personal Computing and Large Appliances, Amazon India said, “We’re thrilled to conclude the Amazon Xperience Arena in Kolkata, which is amongst the top 10 performing cities for the Consumer Electronics and Personal Computing category, driven by upgrades and preference for premium products. During the Amazon Great Indian Festival 2023, we have also experienced a remarkable surge of more than 80% year-on-year growth in the appliances category across the region. As Kolkata’s festive season shopping continues to thrive on India’s most preferred marketplace, we are excited to share continued growth in this region”.

Here are some trends across Consumer Electronics and Personal computing along with the Large Appliances category observed on Amazon.in across Kolkata:

Consumer Electronics and Personal Computing

High-Growth Categories- Tablets, Laptops, Soundbars & Speakers: Tablets, laptops, soundbars, and speakers are the prominent categories exhibiting significant year-over-year (YoY) growth with an increase of almost 50%.

Shift towards premiumization: The premium category, featuring products priced above 50,000, witnessed 2x growth compared to last year

Better storage is preferred by customers: To ensure a lag-free experience, the gaming community in the region is opting for more storage capacity and high-performance computing devices. This trend has resulted in close to 70% year-on-year growth for 16GB RAM and 1 TB storage, and a remarkable 90% year-on-year growth for high-end processors ((i5/7/9, Apple M1, AMD Ryzen 5). The presence of multiple affordability options has also stimulated demand for high-performance devices

Smartwatches purchase is on the rise: This product category has experienced positive year-on-year growth of almost 80%, with customers preferring AMOLED displays

Most sold products during Amazon Great Indian Festival 2023: Smartwatches- Fire-Boltt Ninja Call Pro Plus, beatXP Marv Neo, Noise Pulse 2 Max; Headphones- boAT Bassheads, boAT Airdopes 141; Laptops: Apple Macbook Air, Acer Aspire lite, HP laptop 15S and Tablets: Samsung Galaxy S6 Lite, Xiaomi Pad 6, iPad Air 22 are most preferred amongst customers.

Brand preference:

○ Top PC gaming brands are HP, Acer, Dell and HyperX

○ Top 10 brands are Apple, boAt, HP, ASUS, Acer, Samsung, Lenovo, Fireboltt, Dell & Sony

○ Brands with the highest YoY growth are Govo, One plus, Redmi, Tribit, Gigabyte, Amazon Basics, CP plus, Apple, Marshall & MSI

Large Appliances:

Affordable levers are driving growth in Kolkata: Kolkata has experienced an impressive 80%+ year-on-year growth in the home appliances category, with the surge predominantly fueled by premium products during the Amazon Great Indian Festival 2023. Notably, 70% of consumers in these regions have availed affordability options (no cost EMI and more) to make their appliance purchases

Preferred categories: Among subcategories, the most significant growth was observed for Air-Conditioners, with a year-on-year growth of more than almost 2x, closely followed by Refrigerators
Brands Preferred: Consumers in Kolkata preferred Samsung, LG, Daikin, and many more while upgrading their home during Amazon Great Indian Festival 2023

West Bengal is a key region and has played a vital role in Amazon’s growth in India. Over the years, Amazon has invested in creating a robust physical infrastructure across India. Today, Amazon has more than 55,000 sellers from West Bengal selling everything from apparel, sports goods, hosiery items, consumables, and a lot more on Amazon.in. There are several programs and tools that have been rolled out in the state to help hundreds and thousands of small sellers embrace e-commerce. (Local Shops, Karigar, Saheli, Launchpad etc.)

To serve the needs of customers and sellers from the region, Amazon India has 3 large fulfilment centres in Kolkata with a total storage space of more than 3 million cubic feet. The region also has 3 sort centers with more than 1 million sq. ft. of processing area. These fulfilment and sort centers help serve sellers and customers in addition to helping in creating thousands of employment opportunities for local residents.

Amazon also has close to 90 Amazon-owned and Partner Delivery Stations, as well as more than 1300 ‘I Have Space’ stores in the state. Furthermore, Amazon India has created more than 100,000 seasonal job opportunities across its operations network for the Indian festive season. These opportunities include direct and indirect jobs across India in cities such as Mumbai, Delhi, Pune, Bangalore, Hyderabad, Kolkata, Lucknow and Chennai.

8, Nov 2023
Cygnet Infotech unveils Cygnet Digital: A bolder brand and intuitive website transformation

Mumbai, 2023: Cygnet, a prominent provider of enterprise transformation platforms and services, has rebranded itself. The company’s new logo and website reflect the digital landscape of enterprise evolution. Cygnet Infotech has now become Cygnet Digital, marking a strategic shift towards offering customer-centric digital services, simplified tax solutions, and finance digitalization.

Mr. Sanjeev Thakkar,Global Head of Marketing,Cygnet Digital

Speaking about this major milestone, Sanjeev Thakkar – Global Head of Marketing, at Cygnet Digital, said, ” With the reorganizing of our capabilities around Business, Intelligence, and Experience, we wanted to reflect this bold promise through our bolder logo and business challenges-centric website navigation. The Swan represents our commitment to a smooth transformation journey ahead. In addition to helping Cygnet differentiate itself from its competitors, creating more intuitive website navigation and capabilities helps users find what they are looking for more easily.”

The new Cygnet website,  features a modern, user-friendly interface, allowing visitors to effortlessly explore Cygnet’s wide range of products, services, and resources. Prioritizing a user-centric design, the new website boasts simple and intuitive navigation cues and improved search functions. This significant transformation reflects Cygnet’s commitment to providing focused solutions and an optimized user experience. Cygnet has enhanced user experience on the new website, which embodies a new distinct brand identity and signals an exciting, possibility-filled future, to our customers, people, and partners.

It symbolizes the intangible values of Cygnet that are rooted in Indian civilizational knowledge systems and represents the company’s commitment to innovation and transformation, while the new tagline, Living the Trust, aims to make a promise to our clients, cygnetians, and communities’ aspirations a reality. The new logo and tagline reflect Cygnet’s commitment to creating positive transformation in people’s lives. They aim to build a sustainable future based on trust, integrity, and mutual respect. The company is now focused on creating a positive legacy for future generations.

Going ahead, Cygnet Digital will be redefining its go-to-market strategy while maintaining its leadership in tax and finance transformations, digital engineering, quality engineering, enterprise applications, data analytics, AI, hyper-automation, and digital commerce and experience. Cygnet Digital’s goal now is to make technology more accessible by collaborating with businesses to co-innovate.

8, Nov 2023
MamyPoko Pants onboards actress Saumya Tandon as their new face in Uttar Pradesh

The brand aims to strengthen its presence in the UP market with this association

8th November 2023: MamyPoko Pants, one of India’s leading brands in baby diapers, from Unicharm India, ropes in actress Saumya Tandon as the face of the brand for the Uttar Pradesh market. MamyPoko Pants is one of the market leaders in the diapers category and the inventor of India’s first pant-style diapers.

Saumya Tandon is quite known for her role in a popular Hindi sitcom that amassed cult fandom in India, especially in Uttar Pradesh. The actress has a very positive onscreen appeal and perfectly captures the brand’s tonality and larger messaging. Through this, she will communicate to the consumer base as an extension of the brand’s personality.

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In order to maximize its market penetration, the brand aims to employ a comprehensive set of online and offline platforms by leveraging the new brand ambassador. Toward the same goal, the brand plans to implement both ATL and BTL advertising.

Saumya Tandon expressed her thoughts saying, “I’m thrilled to be partnering with MamyPoko Pants. More so because being a mother myself, I strongly resonate with their dual vision of ensuring the baby’s comfort & happiness and enhancing the experience of motherhood. I have immensely enjoyed my previous collaborations with the brand, but this extended partnership allows the brand and me, more room to grow, and I’m looking forward to that.”

Commenting on the partnership, Mr. Vijay Chaudhary, Managing Director, of Unicharm India said, “Considering that Uttar Pradesh is one of the most important markets for MamyPoko Pants, we wanted to ramp up our efforts to communicate the brand’s benefits and values to the consumers of the state. The ace actress, Saumya Tandon, has a quite positive appeal among this audience and has built a unique connection with them over the years, both through her famous character and her personality. That is why we are elated to have her come on board as the face of our brand. We are confident that the move will help us strengthen our brand communication and in turn our market position.”

This is not the first time that the brand has associated with the actress. Earlier this year, Saumya Tandon was featured in MamyPoko Pants’ video campaign promoting their diapers. The new long-term partnership aims to amplify and further build on the positive sentiments generated by that activation.

8, Nov 2023
Alembic Pharmaceuticals Ltd revenue up by 8 Percent to Rs. 1595 crores in Q-2 FY24

Mumbai, November 7th, 2023: Alembic Pharmaceuticals Limited reported its consolidated financial results for the second quarter and half year ended 30th September 2023.

Financial Highlights

  • Net Sales grew 8% to Rs.1595 crores for the quarter.
  • Net Profit for the quarter at Rs.137 crores.
  • Net Sales grew 13% to Rs.3081 crores for the H-1.
  • Net Profit for H-1 at Rs.257 crores.

Mr. Shaunak Amin, Managing Director, Alembic Pharmaceuticals Limited said “Despite the challenges of a muted demand in the Antibiotic and respiratory market, it was a satisfactory quarter, backed with a strong performance by our specialty and animal healthcare portfolio. We are confident of returning to an industry-beating growth moving forward”.

Operational Highlights

India Branded Business

  • India Branded Business at INR 577 crores witnessed growth of 5% in Q2FY24 against IPM growth of 7%.
  • Specialty therapies recorded growth of 10%* vis a vis industry growth of 9%*.
  • Performed relatively better than the market in the Antibiotic and Respiratory segments. Underlying factors remain strong despite muted demand in the acute market for the quarter due to the weak season.
  • Animal Health business recorded growth of 32% over PY Q2.

*IQVIA Qtr September’ 23

Mr. Pranav Amin, Managing Director, Alembic Pharmaceuticals Limited said “It was a satisfactory quarter led by growth in all the verticals of the company, in particular, Ex-US which grew by 17% and the API business outperformed with a 10% growth during the quarter

Operational Highlights

International Business

  • US Generics at Rs. 444 crores up by 6% on a YoY basis and by 14% on a QoQ basis
  • Ex-US International Formulations grew 17% to Rs. 252 Crores in the quarter.
  • We have regular exports now from both general injectable and oncology plants.
  • 6 ANDA approvals were received during the quarter; 190 Cumulative ANDA approvals.
  • 2 ANDA filings during the quarter; Cumulative ANDA filings at 252.

API Business

  • API business grew 10% at Rs. 322 crores in the quarter.
  • 132 cumulative DMF Filings.

The summary of Total Revenue is as under:                                                   (Rs in Crores)

Particulars Q2 FY24 Q2 FY23 % Change H-1 FY24 H-1 FY23 % Change
Formulation
  India 577 549 5% 1101 1029 7%
  USA

Ex- US

444

252

418

215

6%

17%

834

518

785

396

6%

31%

API 322 294 10% 628 527 19%
Total 1595 1475 8% 3081 2737

13%

8, Nov 2023
ABP News relaunches ‘Bharat Ki Baat’ : A Breakthrough in Political Journalism

New Delhi, November 08, 2023: ABP News, a leading Hindi news channel, has announced the relaunch of “Bharat Ki Baat,” its flagship prime-time political news program. This reimagined edition ushers in a fresh perspective, poised to redefine the way audiences interact with political journalism. Esteemed anchor Rohit Saval will lead this one-hour show, airing Monday to Friday at 8 PM on ABP News. With this show, ABP News goes beyond mere news reporting, actively empowering the public to shape their own political opinions and enabling viewers to stay well-informed and ahead of the curve.

The show’s groundbreaking format is set to revolutionize political journalism. In the first half of each episode, viewers can expect the three biggest political stories of the day presented in a unique storytelling format. Rohit will steer the ship as the expert pilot, with reporters serving as his co-pilots, providing depth to the stories, conducting fact-checks, and advancing the narratives. This approach guarantees a comprehensive grasp of the issues at hand.

The latter half of the show will present an in-depth explanatory story on the day’s top news, with a deliberate avoidance of redundant coverage. “Bharat Ki Baat” stands resolute in delivering exclusive stories, solidifying ABP News as a trustworthy source for breaking news and comprehensive analysis.

As India stands on the cusp of critical State Assembly Elections and Lok Sabha Elections, “Bharat Ki Baat” is primed to usher in a new era of transparency and empower the Indian public to make informed decisions. In a world inundated with information, distinguishing facts from noise often proves to be a formidable challenge. “Bharat Ki Baat” steps in to bridge this gap, offering viewers a dependable platform for cultivating well-informed perspectives.

Rohit Saval, formerly the Editor of ABP Ganga and a respected figure in the states of Uttar Pradesh (UP), Uttarakhand (UK), and Himachal Pradesh (HP), take the helm of “Bharat Ki Baat.” With his profound understanding of the political landscape in these pivotal regions, Rohit is ideally positioned to lead the show with expertise and authority.

ABP News is committed to unraveling the intricacies of Indian politics and keeping viewers at the forefront with unique programming and comprehensive reporting, enabling a deep dive into India’s political pulse and affording viewers a reliable platform to form informed opinions. ABP News’s unwavering dedication to delivering exclusive stories and in-depth analysis sets it apart in the realm
of political journalism.

8, Nov 2023
JIS Group launches its state-of-the-art JIS Drone Academy, Offering Exciting Courses in Drone Technology for the Very First Time

Kolkata, November 8, 2023: JIS Group announced the official launch of its state-of-the-art JIS Drone Academy with a vision of “ Education to Empowerment in collaboration with industrial leaders in the UAV tech domain, EduRade and Megh Robotics at the Dr. Sudhir Chandra Sur Institute of Technology Campus in Dum Dum. The academy aims to introduce a range of short-term courses designed to provide comprehensive training in various aspects of Drone Technology for aspiring drone enthusiasts. Sardar Simarpreet Singh, Director of JIS Group was present at the event.

JIS Drone Academy Pic 2 (1)

The JIS Drone Academy is poised to become the go-to destination for aspirants looking to explore the world of drones, offering courses that cater to different interests and career aspirations. The courses to be offered at the institute are a Short-Term Course in Aerial Photography (Beginner), a Short-Term Course in Agricultural Application, a Short-Term Course in Security and Emergency Response, a Diploma in Drone Technician, and a Diploma in Drone Survey and Mapping.

The JIS Drone Academy is committed to providing the necessary knowledge and skills to empower individuals in the field of drone technology. With the potential for drones to revolutionize various industries, these courses aim to prepare students for exciting career opportunities and professional growth. This center aims to serve as a hub for the development, testing, training, and exploration of unmanned aerial vehicles, revolutionizing industries, generating employment, and entrepreneurship, along with opening new possibilities.

On this occasion, Sardar Simarpreet Singh, Director of JIS Group, said, “We at JIS Group have set our goal to unlock the skies of opportunity with JIS Drone Academy, where we intend to soar beyond boundaries to empower aspiring drone enthusiasts. We invite young minds to join us as we take flight into the future of technology and innovation.”

7, Nov 2023
Benefits of Online Education

Benefits of Online Education

Online education, also known as e-learning or distance learning, refers to a mode of education that is delivered over the Internet or through digital technologies. It has gained significant popularity in recent years, especially with the advancement of technology and the accessibility of the Internet.

Online education offers several benefits, which have become even more apparent and valuable in recent years. Here are some of the key advantages of online education:

Flexibility: Online education allows students to learn at their own pace and on their schedule. This flexibility is especially beneficial for working adults, parents, and individuals with busy schedules who may not be able to attend traditional classes.

Accessibility: Online courses are accessible to a global audience, breaking down geographical barriers. Students can access educational resources and programs from anywhere in the world, expanding their opportunities for learning.

Convenience: Learning from the comfort of one’s home or any location with an internet connection eliminates the need for commuting, saving time and reducing transportation costs.

Diverse Course Offerings: Online education provides access to a wide range of courses and programs, allowing students to choose from a variety of subjects and degree programs that may not be available at their local institutions.

Cost Savings: Online courses often cost less than traditional in-person classes. Students can save money on transportation, housing, and course materials. Additionally, many open educational resources (OER) and free online courses are available.

Self-Paced Learning: Online education allows students to learn at their own speed, which can be especially beneficial for those who need more time to grasp complex concepts or who want to accelerate their learning.

Personalized Learning: Some online platforms use adaptive learning technologies to tailor the content and pace of instruction to individual students, providing a more customized learning experience.

Improved Work-Life-Study Balance: Online education enables individuals to balance their work and family responsibilities while pursuing their educational goals, reducing the need to choose between education and other aspects of life.

Access to Expert Instructors: Online courses often feature instructors who are experts in their fields, including professionals who may not be available as local educators.

Interactive Learning: Many online courses incorporate multimedia elements, discussion forums, and collaborative projects, creating an engaging learning experience.

Global Networking: Online education connects students with peers from around the world, providing the opportunity to build a global network of contacts and exchange ideas and experiences.

Skill Development: Online education often focuses on developing digital literacy and tech skills, which are increasingly important in today’s workforce.

Lifelong Learning: Online education supports the idea of lifelong learning, allowing individuals to acquire new knowledge and skills at any stage of their lives.

Reduced Environmental Impact: By eliminating the need for physical classrooms, transportation, and printed materials, online education can be more environmentally friendly.

Accessibility for Disabled Individuals: Online education can be designed to accommodate individuals with disabilities, making education more accessible for a wider range of students.

While online education offers numerous benefits, it is important to note that it may not be suitable for every learner or every type of course. Some students thrive in traditional classroom settings, while others may face challenges with online learning, such as the need for self-discipline and time management. However, when used effectively, online education can be a valuable and flexible option for a diverse range of students.