29, Jan 2024
Lumina Datamatics Earns Great Place to Work® Certification
Mumbai, January 29, 2024 – Lumina Datamatics, a leading partner in providing Content Services, Retail Support Services, and Technology Solutions to global companies in the Publishing and Retail industries is delighted to announce that it has been certified as a Great Place to Work®. This certification reflects the company’s dedication to creating an inclusive and supportive environment for its employees.
The Great Place to Work® Certification acknowledges organizations that exhibit an outstanding workplace environment and practices for their employees. A mere 469 companies from a galaxy of about 25,000 large companies (1,000 employees or more) in India have been certified as a Great Place to Work in the last 12 months. With employee feedback and external evaluation being the basis of the Certification, Lumina Datamatics scored very high in various areas, leading to this prestigious recognition.
Speaking about this recognition, Mr. Sameer L. Kanodia, Managing Director & C.E.O., Lumina Datamatics, said, “We are delighted to receive the Great Place to Work® Certification. It validates our ongoing efforts to create a workplace where our employees feel valued, engaged, and motivated. We believe a positive and thriving work environment translates to the exceptional quality of services we provide to our clients.”
Lumina Datamatics places a strong emphasis on employee empowerment, diversity and inclusion, and continuous learning. The company provides a collaborative and innovative work environment that encourages creativity and problem-solving. Additionally, the company prioritizes the health and well-being of its employees by offering flexible work arrangements and other initiatives aimed at promoting a healthy work-life balance.
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- By Rabindra
29, Jan 2024
Gurgaon’s Dwarka Expressway Real Estate Market Booms with Impressive Price Appreciation
National, 29th January 2024 – The Dwarka Expressway real estate market has witnessed a significant surge in property prices, reflecting a positive trend in the overall real estate scenario, as indicated by the latest report from Geetanjali Homestate. The report sheds light on the impressive appreciation in property values across various sectors on Dwarka Expressway, providing valuable insights into the evolving landscape of Gurgaon’s real estate.
In Q4 2023, the overall average property price on Dwarka Expressway ranged between Rs 11,300 and Rs 11,700 per sqft, showcasing a substantial increase compared to the average prices of Rs 9,600 to Rs 10,000 per sqft recorded in Q4 2022. The Q3 2023 average prices stood at Rs 10,500 to Rs 10,800 per sqft, indicating a noteworthy quarter-on-quarter growth of 6.5% and a commendable year-on-year growth of 14.3%.
Geetanjali Homestate’s founder, Sunil Sisodiya, commented on the findings, stating, “The robust growth observed in Dwarka Expressway’s real estate market reflects the resilience and attractiveness of this region. The year-on-year surge in property prices is a testament to the sustained demand for quality properties in the area. This report serves as a valuable resource for investors, homebuyers, and developers seeking insights into the evolving trends along Dwarka Expressway.”
Geetanjali Homestate’s report delves into the specific trends observed in various sectors along Dwarka Expressway:
Sector 102, Gurgaon: Located on Dwarka Expressway, Sector 102 has witnessed a remarkable year-on-year growth of 34.5%, with average property prices ranging from Rs 10,500 to Rs 10,700 per sqft in Q4 2023. The quarter-on-quarter growth was 6%, compared to prices in the range of Rs 9,900 to Rs 10,100 per sqft in Q3 2023 and Rs 7,400 to Rs 7,600 per sqft in Q4 2022.
Sector-37D, Gurgaon: Offering residential apartments in the mid-income budget segment, Sector-37D experienced significant year-on-year growth of 36.8%, with property prices averaging between Rs 12,000 and Rs 13,000 per sqft in Q4 2023. The quarter-on-quarter growth was 1.4%, as opposed to prices ranging from Rs 11,800 to Rs 11,950 per sqft in Q3 2023 and Rs 7,500 to Rs 8,000 per sqft in Q4 2022.
Sector 36A, Gurgaon: This premium sector near Dwarka Expressway witnessed a substantial increase in average property prices, ranging from Rs 13,900 to Rs 14,100 per sqft in Q4 2023, showcasing substantial year-on-year growth of 31.2%. The quarter-on-quarter growth for the same period was recorded at 24.5%. In Q4 2022, the average prices were in the range of Rs 10,150 to Rs 10,350 per sqft, while in Q3 2023, they were in the range of Rs 10,850 to Rs 11,050 per sqft.
Sector 104, Gurgaon: Positioned on Dwarka Expressway and offering a blend of ready-to-move and under-construction housing units, Sector 104 experienced an uptick in average property prices, ranging from Rs 10,100 to Rs 11,500 per sqft in Q4 2023, indicating a year-on-year growth of 19.7%. The quarter-on-quarter growth for the same period was 1.5%. In Q4 2022, the average prices ranged from Rs 8,100 to Rs 8,500 per sqft, while in Q3 2023, they were in the range of Rs 9,700 to Rs 9,900 per sqft.
Sector 99, Gurgaon: Dominated by land plots and ready-to-move apartments, Sector-99 exhibited robust performance in Q4 2023, with average prices ranging from Rs 10,500 to Rs 11,000 per sqft, reflecting a notable year-on-year growth of 31.7%. The quarter-on-quarter growth for the same period was 5.5%. In Q4 2022, the average prices ranged from Rs 7,100 to Rs 7,525 per sqft, and in Q3 2023, they were in the range of Rs 9,900 to Rs 10,100 per sqft.
Sector 108, Gurgaon: A mid-income sector in New Gurgaon, primarily offering residential apartments, Sector-108 saw an increase in average property prices in Q4 2023, ranging from Rs 12,800 to Rs 12,925 per sqft, indicating a year-on-year growth of 18%. The quarter-on-quarter growth for the same period was 7.2%. In Q4 2022, the average prices ranged from Rs 10,500 to Rs 11,075 per sqft, and in Q3 2023, they were in the range of Rs 11,900 to Rs 12,200 per sqft.
Sector 106, Gurgaon: Strategically located along Dwarka Expressway, Sector 106 showcased positive year-on-year growth of 12.5% in Q4 2023, despite a slight decrease in QoQ by 0.8%. The average property prices in this sector ranged from Rs 11,900 to Rs 12,575 per sqft, with Q4 2022 prices in the range of Rs 10,400 to Rs 11,000 per sqft and Q3 2023 prices in the range of Rs 12,000 to Rs 12,125 per sqft.
Sector 113, Gurgaon: A luxury locality in Gurgaon, Sector 113 demonstrated a year-on-year growth of 11% in Q4 2023, with average property prices ranging from Rs 12,900 to Rs 13,100 per sqft. The quarter-on-quarter growth for the same period was 5.5%. In Q4 2022, the average prices ranged from Rs 11,500 to Rs 11,750 per sqft, and in Q3 2023, they were in the range of Rs 12,200 to Rs 12,400 per sqft.
Sector 84, Gurgaon: Experiencing substantial year-on-year growth of 27% in Q4 2023, Sector 84’s property market saw average prices ranging from Rs 10,000 to Rs 11,000 per sqft. The quarter-on-quarter growth for the same period was 5%. In Q4 2022, the average prices ranged from Rs 7,300 to Rs 7,700 per sqft, and in Q3 2023, they were in the range of Rs 9,500 to Rs 9,710 per sqft.
Sector 99A, Gurgaon: Offering residential apartments and plots in the mid-income budget segment, Sector 99A witnessed impressive performance in Q4 2023, with average property prices ranging from Rs 9,800 to Rs 10,000 per sqft, reflecting a year-on-year growth of 23%. The quarter-on-quarter growth for the same period was 7%. In Q4 2022, the average prices ranged from Rs 7,500 to Rs 7,700 per sqft, and in Q3 2023, they were in the range of Rs 9,100 to Rs 9,375 per sqft.
Sector 109, Gurgaon: One of the premium sectors on Dwarka Expressway, Sector-109 witnessed a remarkable year-on-year growth of 28.5% in Q4 2023, with average property prices ranging from Rs 12,200 to Rs 12,400 per sqft. The quarter-on-quarter growth for the same period was 39%. In Q4 2022, the average prices ranged from Rs 8,700 to Rs 8,900 per sqft, and in Q3 2023, they were in the range of Rs 8,200 to Rs 8,400 per sqft.
The data reveals a consistent and robust growth trajectory in property prices along Dwarka Expressway, establishing it as an attractive destination for potential buyers, investors, and developers.
| Locality | Avg price Q4 2023
(In Rs per Sqft) |
Avg price Q4 2022
(In Rs per Sqft) |
Avg price Q3 2023
(In Rs per Sqft) |
YOY growth in % | QoQ growth in % |
| Dwarka Expressway | |||||
| Sector 102 | 10500 – 10700 | 7400 – 7600 | 9900 – 10100 | 34.5% | 6% |
| Sector 37D | 12000 – 13000 | 7500 – 8000 | 11800 – 11950 | 36.8% | 1.4% |
| Sector 36A | 13900 – 14100 | 10150 – 10350 | 10850 – 11050 | 31.2% | 24.5% |
| Sector 104 | 10100 – 11500 | 8100 – 8500 | 9700 – 9900 | 19.7% | 1.5% |
| Sector 99 | 10500 – 11000 | 7100 – 7525 | 9900 – 10100 | 31.7% | 5.5% |
| Sector 108 | 12800 – 12925 | 10500 – 11075 | 11900 – 12200 | 18% | 7.2% |
| Sector 106 | 11900 – 12575 | 10400 – 11000 | 12000 – 12125 | 12.5% | -0.8% |
| Sector 113 | 12900 – 13100 | 11500 – 11750 | 12200 – 12400 | 11% | 5.5% |
| Sector 84 | 10000 – 11000 | 7300 – 7700 | 9500 – 9710 | 27% | 5% |
| Sector 99A | 9800 – 10000 | 7500 – 7700 | 9100 – 9375 | 23% | 7% |
| Sector 109 | 12200 – 12400 | 8700 – 8900 | 8200 – 8400 | 28.5% | 39% |
| Overall | 11300 – 11700 | 9600 – 10000 | 10500 – 10800 | 14.3% | 6.5% |
Property pricing Report – Dwarka Expressway, Gurugram by Geetanjali Homestate
29, Jan 2024
Bajaj Allianz General Insurance Inaugurates New Office in Davanagere
Davanagere, January 2024: Bajaj Allianz General Insurance, one of the leading private general insurers in India, has announced the inauguration of its new office in Davanagere, Karnataka. This strategic expansion aims to boost insurance penetration across tier 2 and tier 3 cities in India and provide financial stability to our citizens.
India’s growing economy is fast evolving, but with that, the landscape of risk and uncertainties are also increasing. With their expertise, Bajaj Allianz aims to bring its innovative products and solutions closer to the people of Davanagere. The Company will provide a wide range of services backed by technology to seamlessly cater to customers’ needs. The new office will serve as a strategic hub for Bajaj Allianz General Insurance to further strengthen its presence and reach its customers in the region.
Commenting on the inauguration of the new office, Mr. Amitesh Anand, National Head – Geo, at Bajaj Allianz General Insurance, said, “In today’s fast-growing economic landscape, insurance will play a pivotal role in providing a safety net of financial security amidst the uncertainties. However, there is a gap in understanding the benefits and significance of insurance, and hence, its penetration remains low. As a company dedicated to providing and reaching holistic insurance solutions to every citizen of our country, we are proactively making efforts to increase awareness of the importance of insurance across various regions in our country. Expanding our network through these office openings in tier 2 and tier 3 regions will bring us one step closer to bridging the gap between insurance awareness and accessibility, which will subsequently help in its increased adoption. With the inauguration of our new office in Davanagere, we aim to provide a range of our insurance product solutions and services well within the reach of the people in these regions, catering to all their insurance needs.”
The newly inaugurated office will offer products across all lines of business and, at the same time, educate customers on the best products as per their requirements to ensure that they are adequately insured. Bajaj Allianz General Insurance is committed to extending its products and related services to every part of the country through its efficient and vast distribution channels with a mission to contribute to the noble cause of doing good for society at large.
29, Jan 2024
The ‘Mphasis AVAS Walk for Arcause 4.0’ focussed on advocating inclusive approaches for people with disabilities
Bengaluru, January 28, 2024: Mphasis (F1 Foundation) in collaboration with AVAS and Ethos Foundation conceptualised the ‘Mphasis AVAS Walk for Arcause 4.0’, a 335-kilometer walk from Chennai to Bengaluru, undertaken by Gita Balakrishnan, a 55 year old architect, aimed at raising awareness about creating inclusive environments for individuals of all ages, abilities, and backgrounds.
The last lap of this unique journey took place on the 28th of January from a significant location – The Spastics Society of Karnataka, a nonprofit organization formed through the shared passion of its members, committed to dedicating their lives to the well-being and advancement of individuals with developmental disabilities. Together with a group of avid runners and other supporters, Gita completed the last 5 kilometres of this journey arriving at Bangalore’s landmark Cubbon Park.
From Cubbon Park, a commemorative walk ensued with the guests of honour for the occasion Mr. Arman Ali, Executive Director at National Centre for Promotion of Employment for Disabled People, and Mr. Raghavendra, who became the first Indian para-fencer to bag a medal at the Commonwealth Fencing Championships. Raghavendra won the silver medal in Men’s Individual Wheelchair Epee Category B (2022). Students with disabilities from the Samarthanam Trust for the Disabled and employees of Mitti Cafe committed to the cause of employment and livelihoods for people with special needs, the Fourth Wave Foundation and EKanksh Trust were amongst the organisations championing the cause who joined this momentous occasion. Walking in solidarity were representatives from Mphasis (F1 Foundation), AVAS, Ethos Foundation, Indian Institute of Architects, the Council of Architecture, India, the Indian Institute of Interior Designers, students, academicians, and people from different walks of life.
The gathering finally reached the point of culmination – the Museum of Art and Photography (MAP), which is entirely accessible for people with disabilities. Ms. Rama Krishnamachari, who was the accessibility auditor and consultant for the museum, took people on a detailed tour of the premises focusing on the various aspects that deem a space inclusive. The program began with an invocation by children from the Spastics Society of Karnataka, followed by Mr. Srikanth Karra, Chief Administrative Officer, Mphasis addressing the audience after which Gita spoke on the intent, learnings and findings from the initiative. The discussions that followed were punctuated by a Dance by Saisha of Spastics Society of Karnataka, a recitation by children of Samarthanam, and a song by a group from AVAS. The event came to a close with questions to the audience urging them to cultivate empathy and to encourage those in a position to make a difference, to ensure that their actions only uphold the Fundamental Right to Equality for all citizens around them or impacted by them regardless of abilities or disabilities.
This initiative is supported by the Indian Institute of Architects, the Council of Architecture, India, the Indian Institute of Interior Designers, Vidya Sagar, and National Association of Students of Architecture. Other partners of this initiative include Saint-Gobain, Nippon Paint, TVS Ronin, Samarthyam, Wheeling Happiness, SPA Bhopal, and BVDU, Pune.
29, Jan 2024
Rajiv Aarogyasri, Telangana; & Ayushman Bharat Pradhan Mantri Jan Arogya Yojana; commend Apollo Medical College
Hyderabad, January 29th, 2024: Apollo Institute of Medical Sciences, Hyderabad was commended for its exemplary services under Rajiv Aarogyasri, Telangana and Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY); Sri Anudeep Durishetty, IAS, District Collector, Hyderabad; presented a Certificate of Appreciation to Ms Aparna Reddy, COO, Apollo Institute of Medical Sciences & Research, Hyderabad; at Hyderabad district Collector Office, today. Mr Venkata Deepak Chodipalli, Joint Executive Officer, Aarogyasri; Mr. Venkata Chary, District Revenue Officer; Mr Mahoob Pasha, District Manager, Arogyasri; Mr. Madhusudhan, Joint Collector; Dr. Rajesh, Senior Medical Administrator, AIMSR; Mr. Sunil, Admin Officer; graced the occasion.
Apollo Institute of Medical Sciences, Hyderabad; over the last two decades has treated many patients under Rajiv Aarogyasri in the State of Telangana; and Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY).
29, Jan 2024
Manipal Law School, MAHE, Bengaluru Calls for Presentation on Data Privacy Day
Bengaluru; 28th January 2024: Manipal Law School (MLS), Manipal Academy of Higher Education, Bengaluru celebrated Data Privacy Day in its Bengaluru campus to aid to the learning of students aspiring for careers in Data Privacy Law/ Information Technology Law/ Cyber Law. The event featured call for presentations followed by the prize and reward announcements and witnessed the enthusiastic participation of over 200 students.
The awards were presented to the following students:
(i) First prize (INR 5000) – Chanakya Kene
(ii) Second prize (INR 3000) – Vishnu Sudhakar
(iii) Third prize (INR 1500) – Natasha Rama Rocha
(iv) Consolation prizes (INR 1000 each) – Sneha Nivedya Satheesan, Harshitha JS, Janhvi Tripathi, Stalin Manjaly, Anjana Ashok
Students were invited to submit abstracts on provision of new Indian data protection law (DPDPA 2023). The winners were given the opportunity to present their abstract before the community of privacy pros. The purpose of the event was to raise awareness, encourage specialized education information technology laws and privacy, and discuss possible career opportunities in this field. All attendees received certificates of participation.
For students and working legal professionals, Manipal Law School provides specialized LLM (master’s in law) courses: LLM in Data Privacy Law and Cyber Law and LLM in Information Technology Laws. To make these courses more inclusive in nature, MLS has designed the courses in both regular and blended modes.
In addition to the above, with the goal to bridge the gap between technical expertise and legal skills, MLS will also be introducing a LLM (Professional) for non-legal working professionals, starting from August 2024.
Excited about the event, Prof. (Dr) Avinash Dadhich, Director, Manipal Law School, MAHE, Bengaluru Off-campus said, “With information becoming a valuable commodity in the digital age, Data Privacy Day is a stinging reminder of the fundamental rights that we have in the online world. We understand that it is our duty as law schools to develop the next generation of legal scholars who will be able to successfully negotiate the intricate world of data protection. We would like to take this opportunity to reiterate our dedication to raising awareness, promoting critical thinking, and equipping our students to fight for privacy in a world that is becoming more linked. Informed consent is based on knowledge, thus on this Data Privacy Day, we’re setting out to shed light on the way to a more ethically and securely grounded digital future”.
MLS provides its students with the abilities and information required to successfully negotiate the complex world of data protection. Modern data privacy legislation courses are incorporated into the curriculum at MLS, giving students a thorough understanding of the ethical issues, technological ramifications, and legal frameworks related to information security.
29, Jan 2024
Honorary Consulate of Kazakhstan in Hyderabad marks three years
Hyderabad, 28th January 2024: The Honorary Consulate of Kazakhstan in Hyderabad; proudly commemorated its third anniversary at ITC Kohenur, today. The program hosted by the Honorary Consul of Kazakhstan in Hyderabad H.E Dr. Nawab Mir Nasir Ali Khan was graced by Sri Ravi Gupta, IPS, Director General of Police, TS; H.E Mr Orhan Yalman Okan, Consulate General of the Republic of Turkey; H.E Mr. Aaref Alnuai, Consul General of UAE in Hyderabad; Sri Madhu Yaskhi Goud, Secretary & Spokesperson, AICC; Sri Allu Arvind, Film Producer; Jonnalagadda Snehaja, IFS, Regional Passport Officer Telangana, Ministry of External Affairs (MEA); Dr Jitender, IPS, Principal Secretary to Govt of Telangana; Sri Jayesh Ranjan, IAS, Principal Secretary, I & C & IT, Govt of Telangana; Dr Anil Kumar, IPS, Director General, Telangana Special Protection Force; among others.
The Consulate has to its credit several remarkable milestones during the three years, including an MOU between Astana and T hub and Visa free visit for Indian citizens to Kazakhstan. The Consulate is striving to strengthen the bonding between the people of Telangana and Kazakhstan, by starting a direct flight to Kazakhstan from Hyderabad, besides many other initiatives in the pipeline, says Dr Nawab Mir Nasir Ali Khan.
The other dignitaries present on the occasion were Saleel Kader, U.S. Consulate General, Hyderabad and Strategic Public Engagement Advisor; Dr Mohan, Sri Manohar Reddy, Mr. Vikram Jain, Trade Commissioner, Consulate General of Canada, Government of Canada; Sri Sandeep, MD, JLL; Sri NVS Reddy, MD, Hyderabad Metro Rail Ltd; WTC Vignesh; GMR Anindya; Sri Srinivasa Rao Mahankali, CEO, T-Hub; among others.
29, Jan 2024
Jammu Smart City drives towards a greener tomorrow with Tata Motors electric buses
Bengaluru, 28 January 2024: Tata Motors, India’s largest commercial vehicle manufacturer, announced that it has delivered state-of-the-art Ultra EV air-conditioned electric buses to Jammu Smart City Limited through TML Smart City Mobility Solutions (J&K) Pvt Ltd, a Tata Motors Group company. The initiative led by the Housing and Urban Development Department of the Government of Jammu & Kashmir, is aimed at establishing an environmentally sustainable public transportation system in Jammu. These emission-free Tata Motors electric buses are manufactured in India using cutting-edge technology, feature advanced amenities, and are powered by state-of-the-art electric power systems. Its design focusses on safety, comfort, and convenience, offering Jammu residents reliable and zero-emission intra-city commuting solutions. The delivery of the electric buses is a part of its larger order to supply, maintain and operate 100 electric buses in Srinagar and 100 electric buses in Jammu, for a period 12 years for Jammu and Srinagar Smart City projects.
The fleet was flagged off by Hon’ble Home Minister and Minister of Cooperation, Govt of India, Shri Amit Shah, in presence of the Hon’ble Minister of Heavy Industries, Govt of India, Dr. Mahendra Nath Pandey and Hon’ble Lieutenant Governor of Jammu and Kashmir, Shri Manoj Sinha. The event was attended by esteemed dignitaries, including Hon’ble Member of Parliament, Shri Jugal Kishore Sharma and Gulam Ali Khatana, Shri Ajay Bhalla (IAS), Home Secretary Govt of India, Shri Atal Dulloo (IAS), Chief Secretary Jammu and Kashmir, Ms. Mandeep Kaur (IAS), Commissioner Secretary H&UDD, J&K along with other Administrative Secretaries and delegates from the Government of J&K, Municipal Corporation Jammu, Jammu Smart City Ltd and representatives from Tata Motors.
Commenting on the occasion, Shri Rahul Yadav (IAS), CEO, Jammu Smart City Ltd, said, “Jammu Smart City Ltd is committed to improving transportation in Jammu with the introduction of electric buses. The goal is to enhance mass mobility, providing increased safety and sustainability, along with greater access and convenience for commuters. These advanced buses not only meet rigorous quality standards but also contribute to collective initiatives aimed at improving the city’s air quality. Flagging off the Tata Motors’ electric bus is in line with Jammu Smart City’s commitment to reducing the carbon footprint and improving citizens’ quality of life.”
Speaking at the momentous occasion, Mr. Asim Kumar Mukhopadhyay, Chairman, TML Smart City Mobility Solutions (J&K) Pvt Ltd, said, “I’m delighted to witness the flag off of the electric buses in Jammu, following the recent commencement of electric bus operations in Srinagar. Tata Motors has been at the forefront of the electric mobility sector, pioneering advanced innovations in public transportation specifically tailored to address India’s unique requirements. Our unparalleled knowledge of sustainable mobility solutions sets us apart, aligning with the government’s push for electric vehicles. Electric buses will be a vital addition to Jammu’s transportation system, providing numerous benefits that align with the city’s health, environmental and economic goals. We eagerly anticipate playing a pivotal role in shaping the future of public transport in Jammu.”
Tata Motors has established a strong presence in the Indian electric bus market, having delivered over 1,500 vehicles to various cities across the country. These buses have collectively clocked more than 10 crore kilometers, with an uptime of over 95%, showcasing their reliability and efficiency. The Tata Ultra EV stands out as a revolutionary e-bus that redefines urban commuting. Its fully electric powertrain optimises energy consumption, leading to significant savings in fuel costs and environmental impact. The bus provides a seamless commuting experience with features such as easy boarding, comfortable seating, and driver-friendly controls, all while maintaining zero emissions. For added safety, the Tata Ultra EV is equipped with advanced technologies like electronic stability control, electronic brake distribution, air suspension, Intelligent Transport System (ITS), and a panic button. This commitment to clean and sustainable public transportation makes the Tata Ultra EV an ideal solution for urban passenger needs.
29, Jan 2024
Outlook Retirement Planning Expo Sets New Benchmark
January 27, 2024: Pioneering a new era in post-retirement planning, a recent expo has set the stage for transformation for individuals and their families by addressing critical issues with a comprehensive and holistic approach. The two-day event featuring an impressive lineup of over 40 distinguished speakers, attracting more than 4000 attendees and hosting 50+ exhibitors offered insights and opportunities to help redefine how one can approach
financial considerations to make the right lifestyle choices in the context of retirement.
Outlook Money’s ‘40After40’ Premier Retirement Planning Expo emerged as a groundbreaking event, held recently at the esteemed Jio World Convention Centre in Mumbai, had participants engaging in insightful panel discussions, interactive chats, and enlightening masterclasses, connecting with seasoned planners and industry experts.
The event started with an impactful session by Bharat Shah, Executive Director of ASK Group, who emphasised the importance of early planning, addressed the lack of financial knowledge in academics, and highlighted growth opportunities in the finance and investment industry. Shah’s session underscored the sacred duty of building and nurturing money with care and dedication, touching on the holistic nature of wealth that includes intellectual ability, physical well-being, and the drive of the soul.
Speaking about securing the future, V. Vaidyanathan, MD & CEO, IDFC FIRST Bank said, “Embracing retirement planning is like stepping onto the cricket pitch. Start early, as delaying your financial innings can lead to unexpected challenges. Secure your future today, ensuring a stress-free retirement down the line.” As he delved into the gaps in the Indian pension landscape, Deepak Mohanty, Chairman of the Pension Fund Regulatory and Development Authority (PFRDA), spoke of the risks of inflation, the power of compounding, and the need to expand literacy and awareness about the National Pension System (NPS). His session stressed the importance of pension planning as a necessity rather than a substitute.
Madan Sabnavis, Chief Economist at Bank of Baroda, provided valuable insights into India’s journey towards becoming a $5 trillion economy. He highlighted the contrast between the rich and the poor, emphasising the need for real GDP growth, lower inflation, and increased per capita income. Sabnavis discussed the challenges faced by the private sector, pointing tothe importance of creating more jobs and stimulating demand to achieve economic growth. “It’s clear that our pursuit of a $5 trillion economy requires a focus on the quality, not just speed, of our growth. With a per capita income of $2400, the key lies in fostering inclusivity and sustainability. A crucial aspect is the private sector’s role in generating more jobs, boosting consumption, and ensuring sustained income growth for all citizens,” Madan Sabnavis, Chief Economist, Bank of Baroda said.
To demystify the life insurance landscape, Anup Bagchi, MD & CEO of ICICI Prudential Life Insurance, outlined three critical variables for investment. These variables were – the amount of money, time, and return on investment. He stressed the tax efficiency and discipline offered by life insurance and recommended strategies such as Systematic Withdrawal Plans (SWP) and creating a corpus for medical expenses.
Ananth Narayan Gopalakrishnan, Whole Time Member of SEBI, shared insights on retirement planning and the role of proper advice. Gopalakrishnan urged attendees to view it as financial planning, emphasising that it occurs not at a later age but right now. He stressed the importance of understanding one’s risk appetite, diversifying investments, and seeking professional advice to avoid scams.
Vishal Kapoor, CEO, of Bandhan MF in his comments said Investing for retirement is about more than just chasing returns. “Future expenses, particularly medical costs, are often underestimated. Aligning investments with specific lifestyle goals and anticipating evolving expenses is crucial. Strategic planning ensures that investments not only beat inflation but also sustain the desired standard of living in retirement,” he said.
The panel discussion on wealth creation featured Sushant Bhansali, CEO of Ambit Asset Management, Deepak Shenoy, Founder and CEO of Capitalmind Financial Services, Anshul Arzare, MD & CEO of YES Securities (India) Limited, and Vasanth Kamath, Founder & CEO of Smallcase Technologies. The panel emphasised the importance of investing in India, choosing good companies, and diversifying portfolios across different industries.
In the session on post-retirement money, a panel consisting of Swarup Mohanty, Vice Chairman & CEO of Mirae Asset Managers (India), Vibha Padalkar, MD & CEO of HDFC Life Insurance, and Kamlesh Rao, MD & CEO of Aditya Birla Sun Life Insurance, discussed the necessity of creating wealth post-retirement. They highlighted the increase in expenditure with age, not only for health but also due to inflation. Vibha Padalkar promoted living retirement with dignity, emphasising the cost associated with guarantees in financial products.
Sashi Krishnan, CEO of National Pension System Trust, addressed reforms in the National Pension System, emphasising the need for investing now. Krishnan outlined why people invest in NPS, including tax exemptions, tax reductions, and the product’s cost efficiency. He highlighted changes in the accumulation and post-retirement phases to enhance the investment experience for participants.
In a special address on investing in a bull market, Sankaran Naren, Executive Director & CIO of ICICI Prudential Asset Management, discussed the importance of asset allocation and hybrid products for a pleasant retirement. He emphasised the need to avoid extremes and adopt a diversified approach for a happy retirement.
Vijay Chandok, MD & CEO of ICICI Securities, explored the role of equity in retirement planning, acknowledging its complexity and risk. Chandok highlighted the dynamic nature of equities, the magic of compounding over the long term, and the importance of staying updated and seeking expert advice. The Financial Planners Panel, featuring Dhruv Mehta, Lovaii Navlakhi, Sadique Neelgund, and Sandeep Jethwani, moderated by Amit Trivedi, discussed the challenges and solutions in financial planning, providing valuable insights for attendees.
Rajit Mehta, MD of Max India & Antara Senior Care, delivered a special address on the next step in healthcare. He discussed the impact of ageing on physical, emotional, and mental well-being and emphasised the transformation of the healthcare system to promote holistic wellness. Mehta introduced Antara’s AGEasy initiative, empowering seniors to age easily and joyfully through health and wellness solutions.
Ira Trivedi, Author, Columnist, and yoga Acharya, conducted a spotlight session on the recipe for wellness. Trivedi emphasised the importance of proper exercise, diet, breath, relaxation, and positive thinking for overall wellness. In another special address, Tapan Singhel, MD & CEO of Bajaj Allianz General Insurance, addressed the long-term roadmap for a healthier nation. Singhel discussed the need for mindfulness, meditation, yoga, exercise, a group of friends, annual checkups, and moderate income for a healthier life. He highlighted the role of wellness ingrained in Indian culture and advocated embedding health awareness in academic curriculums.
In a spotlight session, National Award Winner Actor Manoj Bajpayee shared insights into his acting career, emphasising the challenges and dedication required for role preparation. He highlighted the importance of simple living and the refugee state of mind that comes with leaving one’s place. The event also featured a spotlight session with Mithali Dorai Raj, former captain of the Indian Women’s Cricket Team, discussing her life story, challenges, and retirement plans. Devdutt Pattanaik, Indian Mythologist, Speaker, Illustrator, and author, delivered a special address relating the Ramayana and Mahabharata to current life situations. He drew inspiration and solutions from mythological scriptures, emphasising the need to accept life for what it is.
Outlook Money’s ‘40After40’ succeeded in creating a unique platform for individuals to gain valuable insights into retirement planning, ensuring a brighter financial future. The event’s success is a testament to the importance of informed decision-making in securing one’s retirement.
27, Jan 2024
Anurag Varsity to offer INR 6.5 crore in Scholarships to meritorious students of the CET
Hyderabad, January 27, 2024…Anurag University, a 25-year-old, Telangana State’s first private University with over 12000 students on its rolls, today announced AnuragCET 2024, a common entrance test for admissions into various bachelor, master and doctoral programmes in Engineering, Agriculture and Nursing courses and announced scholarships worth Rs 6.5 crore for the same.
The 1st to 10th rank holders of the AnuragCET 24 will get a 100% scholarship, the 11th to 25th 50% and the 26th to 100, 25%. Similarly, 1 to 10,000 rankers in EAPCET or 1 to 50,000 rankers in JEE will get 50% scholarship, 10,000 to 15,000 EAPCET or 50001 to 75000 JEE rankers will get 25% and EAPCET 15001 to 25000 or JEE 75001 TO 100000 rankers will get 10%. Besides scholarships, the first 500 students taking admission into University through AnuragCET with a 10+2 score greater than 75% will be presented Laptops. The merit scholarship of 50% tuition fee waiver based on EAMCET ranks will be extended up to 20000 Rank for students who have pursued intermediate education in Government Junior Colleges.
It introduced Sports Scholarships (up to 100 % concession in tuition fee) for admissions during the academic year 2023-24 and this year the same is extended to NCC (National Cadet Corps) and Performing Arts for the coming academic year.
Prof.Balaji Utla – Registrar; Mrs.S.Neelima – CEO; Prof.V.Vijaya Kumar – Dean, School of Engineering; Prof M Mutha Reddy, Dean Examinations; Prof V. Vijay Kumar, Dean School of Engineering; Prof. K.S. Reddy, Dean Academics and Planning; Prof G. Vishnu Murthy, Dean CSE; Prof. V. Srinivasa Rao, Dean Student Affairs; Prof. Sathees Kumaran, Dean, Research & Development and Dr. M. Srinivasa Rao Director, Admissions; Heads of the Departments have participated in the Press Meet.
Addressing a press conference at its campus in Venkatapur in the city outskirts on Saturday, Mrs S. Neelima, CEO of Anurag University said the objective of its scholarship program is to attract talent and nurture the same for meaningful contribution to society and the country at large. The AnuragCET 2024 will begin on 11th February with an online test. The last date to submit for the same is 10th February. Desirous candidates can log into www.anurag.edu.in website, scan the QR code and apply for the same. Entry is free.
The Registrar of the college Prof Balaji Utla declared formal opening up of the registrations.
The tests will be both online and offline. The offline exams will be conducted at the Anurag University campus on alternative Sundays as well as in many districts in Telangana. The CET will also be held in some select private as well as Govt Intermediate colleges. Students from several states such as Andhra Pradesh, Karnataka, Tamil Nadu, Kerala and many other states are expected to write the exam. The CET saw 19500 students from six states writing in the last year. This year Anurag University Academic Leadership is expecting nearly 40,000 students from more than 10 states in the country to appear for it.
The Lalitha Degree and PG college turned Brownfield University from a mere 180 to 12000 students in the past 25 years, Anurag University has become a name to reckon with for infrastructure, academic leadership, and academic environment within India today. It aims to be one of the 50 universities in India in the next 7 to 8 years and subsequently a destination for overseas students.
The University comprises 6 Schools offering 22 Undergraduate, 19 Post Graduate and 14 Doctoral Programs in total. All the eligible programs offered by Anurag University have been accredited by the NBA and also has been accredited by NAAC. Spanning over 150 acres, built-up area exceeding 10 lakh sq. ft, in-house hostel facility, has a faculty roster of over 500 individuals, including more than 200 doctorates, 20 plus patents to their credit and 15 books as authors, 300 plus papers published. Its faculty received grants for more than 15 major projects over 4 years.
It’s B. Tech Computer Science and Engineering program got 6 year accreditation from the National Board of Accreditation (NBA) while other B.Tech programs have been accredited for 3 years. Anurag is the first private university in Telangana to have that distinction.
Anurag is in the process of collaborating with foreign universities like Purdue, Indiana, Aalborg University, Denmark and MSOE, Wisconsin
Anurag University introduced the Honors and Minors program to enable its students for inter-disciplinary learning emphasizing Problem & Project-based learning. The Minors program was introduced to help core branches of Engineering lay their hands on computers and related disciplines to help them earn gainful employment in IT sectors besides opportunities in their core areas of specialization. Anurag is the only University in the Telangana state to introduce this program to promote core branches of engineering such as Mechanical, Automobile, Civil and Chemical Engineering.
