INDmoney Launches Instant Withdrawals for Stock Investors, service is powered via UPI

Bangalore, 22nd August 2024: INDmoney, leading stock broking platform, has announced Instant Withdrawals via UPI for its Indian stocks investors. The feature enables users to withdraw their funds into their savings accounts instantly, even if they are trading on the same day. The feature addresses a key problem statement for stock investors, boosting liquidity by ensuring real time trade settlements.

INDmoney‘s Instant Withdrawal feature addresses a key problem statement for stock investors. Most stock brokers process client withdrawals after the closing of markets and completing settlements for which the process takes over 24 hours. With the launch of INDmoney’s instant withdrawal feature a very big investor problem has been solved by the App. INDmoney’s feature enables investors to trade on the same day and also instantly withdraw their money up to Rs.1 Lakh on the same day.

Ashish Kashyap, Founder of INDmoney said, “Withdrawals and redemptions have always been my personal pain point. With the launch of Instant Withdrawals, we are solving a big consumer problem. Our goal is to provide fast and reliable services to our investors. Instant Withdrawals aligns with our commitment to simplifying financial management and ensuring our users have immediate access to their funds when they need it the most. We believe this feature will significantly enhance the user experience and set a new standard in the industry.”

The Instant Withdrawal service is initially made available from 8 AM to 5 PM on trading days. In the coming months, INDmoney plans to extend this service to operate 24×7.

Five Key Advantages of Embracing Hybrid Data Centers

Traditional data centers have long been the cornerstone for securing sensitive information, such as personal data, medical records, and financial details. However, as applications become more dispersed and data demands grow—particularly with the rise of AI—businesses are increasingly turning to hybrid data center strategies to stay ahead. By combining the reliability of on-premises infrastructure with the flexibility of cloud services, organizations can optimize their IT environments to meet evolving business needs.

Why Choose Hybrid Data Centers?

1. Enhanced Flexibility and Scalability:

Hybrid data centers provide businesses with the ability to adjust their IT resources on the fly, making them ideal for handling fluctuating workloads and seasonal demand spikes. For instance, a retail company can quickly scale up its cloud resources during peak shopping seasons, ensuring a smooth customer experience without the need to overcommit resources throughout the year. This approach not only optimizes performance but also reduces costs by aligning resource allocation with actual demand.

2. Adaptable Security and Compliance:

In industries where data security and regulatory compliance are paramount, hybrid data centers offer the best of both worlds. Organizations can keep sensitive data on-premises to maintain control and meet regulatory requirements, while leveraging the cloud for data analytics and less critical information. This strategy allows businesses to adapt their infrastructure as needed without compromising on security or compliance.

3. Cost Optimization:

Managing costs is a top priority for businesses, and hybrid data centers offer a strategic advantage. By utilizing multiple cloud service providers, organizations can take advantage of competitive pricing to optimize expenses. Additionally, the ability to switch to more cost-effective cloud storage options can lead to significant savings, making hybrid data centers a financially savvy choice.

4. Resilience and Business Continuity:

Hybrid data centers bolster business continuity by providing robust redundancy and failover mechanisms. By replicating data and applications across both on-premises and cloud environments, businesses can minimize downtime in the event of a disruption. This resilience is crucial for sectors like retail, hospitality, and healthcare, where uninterrupted access to data is essential for operations.

5. Tailored Storage Solutions:

A hybrid approach to data storage allows organizations to fine-tune their infrastructure to meet specific needs. By combining HDDs and SSDs, businesses can ensure that their storage resources are allocated optimally. For example, Western Digital’s Ultrastar DC HC690 HDD, with its 32TB capacity, is an excellent option for hyperscale cloud and enterprise data centers, offering the flexibility to store vast amounts of data efficiently.

Brookfield Properties’ Ecoworld 4D Earns Karnataka’s First LEED V4 BD+C: CS Platinum Certification

Bengaluru, 22nd August 2024: Brookfield Properties, a global leader in real estate development, has achieved an important milestone in sustainable construction with its Ecoworld 4D project in Bengaluru. This state-of-the-art Grade-A office park has been awarded the prestigious LEED v4 BD+C: CS Platinum certification, making it the first ready-to-occupy office space in Karnataka to earn this distinction.

Ecoworld 4D has been designed from the outset to achieve the highest standards in sustainable building certification to systematically implement key measures during its ongoing construction. The project first garnered the IGBC Platinum pre-certification, followed by the prestigious LEED Platinum certification, and is now on track to attain the WELL Platinum rating. LEED v4, recognized as one of the most stringent global benchmarks for sustainable design, recognizes excellence in energy efficiency, water conservation, and indoor air quality. This series of accolades underscores our commitment to creating sustainable, healthy, and efficient workspaces.

During the ongoing construction of Ecoworld 4D, strategic upgrades were seamlessly integrated, demonstrating exceptional foresight and dedication. The project’s success highlights Brookfield Properties’ capability to innovate and lead the way in the industry. Ecoworld 4D enhances environmental performance and serves as a catalyst for embodied carbon reduction initiatives within Brookfield Properties.

Commenting on this achievement, Mr. Shantanu Chakraborty, COO, Brookfield Properties in India said, “Ecoworld 4D becoming the only LEED Platinum certified operational building in Karnataka is a testament to our leadership in sustainable development. Embodied carbon reduction, encompassing all greenhouse gas emissions, associated with building materials and construction processes, is a critical factor in our vision for climate change. It is imperative to facilitate integrated design approach during the early stages of a project. “

LEED is the international standard for design, construction and operation of high-performance structures. LEED v4 B+C, an advanced rating emphasizes a flexible, performance-based approach that calls for measurable results throughout a building’s life cycle. The certification LEED v4 underscore how a project can benefit their local communities and our planet.

Experian India Launches AiDRIAN: AI-Driven Solution to Tackle Fraud in the Financial Industry

Mumbai, August 22, 2024: Experian India, a leader in data and technology, has unveiled AiDRIAN, an advanced tool that detects potential fraud. AiDRIAN offers a comprehensive approach for detecting potential fraud at its source, preventing the possibility of financial loss in real time, and maintaining the company’s reputation. The tool enhances customer experience while reducing the need for manual reviews and interventions.

According to Experian’s 2024 Future of Fraud Forecast report, nearly 70% of businesses report increased fraud losses in recent years, and over half of consumers feel more vulnerable to fraud than before. AiDRIAN addresses these challenges with its advanced capabilities to detect potential fraud. The platform integrates device profiling, analysing over 150 device parameters to create unique device IDs and identify anomalies. This real-time protection improves customer experience and adapts new tactics through self-learning capabilities.

Manish Jain, Country Managing Director of Experian India, said, “With the alarming increase in frauds reported by banks this year, the financial industry faces unprecedented challenges. Experian recognized the need for lenders to reduce fraud levels without impacting conversion rates, leading to the creation of AiDRIAN. This innovative solution focuses on revenue growth by aiming to differentiate between legitimate customers and potential fraudsters, significantly reducing false positives. With this solution, we have seen customers in other markets grow their revenues by up to 15%.”

He added, “AiDRIAN has very high accuracy in identifying potentially suspicious devices from where fraudulent transactions may be generated, which minimizes the volume of manual reviews and eases the burden on fraud teams. Its machine learning model is self-learning and continuously re-trained with new data, offering increasingly accurate recommendations over time. For the lending industry, where trust and security are paramount, adopting advanced technologies to detect potential fraud with AiDRIAN is essential to mitigate risks and build competitive advantage.”

AiDRIAN seamlessly integrates with existing fraud detection systems of organizations and prevents potential frauds at the source. The tool plans to offer a Closed User Group (CUG), a restricted data-sharing network where members may exchange information about known potential fraudulent activities. This aids in cross-platform detection, identification of fraud hotspots using IP-geolocation data, and recognition of multiple identities on one device.

Eight Continents Hotels Adds Stamps Golden Lagoon in Amritsar to Its Portfolio

22-08-2024, Amritsar – Eight Continents Hotels and Resorts, a global hospitality brand renowned for its luxurious accommodations, exceptional service, and unique travel experiences, is proud to announce the latest expansion of its prestigious portfolio with the addition of Stamps Golden Lagoon in Amritsar. This addition marks the brand’s further commitment to enhancing its presence in key pilgrim destinations across India.

Situated just 260 meters from the iconic Golden Temple, Stamps Golden Lagoon is ideally located for travelers who wish to explore the rich history and vibrant culture of Amritsar. The service hotel offers a luxurious retreat with 20 elegantly designed rooms across five distinct categories, catering to the diverse needs of its guests. Each room is thoughtfully equipped with modern amenities, including flat-screen TVs, Wi-Fi, a mini-bar, an electronic safe, coffee/tea makers, air-conditioning, and premium bed linen and towels. The hotel ensures a comfortable and productive stay, whether guests are in Amritsar for leisure or business.

The hotel is renowned for its exceptional hospitality and commitment to delivering an unforgettable experience. Guests can indulge in a pure vegetarian multi-cuisine menu, crafted to satisfy a wide range of culinary preferences.

With its close proximity to popular tourist attractions such as Jallianwala Bagh, The Partition Museum, Sadda Pind, and the Wagah Border, Stamps Golden Lagoon is the perfect base for exploring the rich heritage of Amritsar. Additionally, the hotel offers a range of amenities including complimentary private parking, a 24-hour front desk, a travel desk, housekeeping services, and 24-hour security. Guests can also enjoy a unique dining experience at the hotel’s rooftop restaurant, which offers breathtaking views of the city.

Richa Adhia, Managing Director, Eight Continents Hotels & Resorts, said, “We are thrilled to expand our presence in Amritsar with the addition of Stamps Golden Lagoon to our prestigious portfolio. This property reflects our commitment to providing exceptional service, luxurious accommodations, and memorable experiences for our guests. Amritsar holds a special place in the hearts of travelers from around the world, and we are honored to contribute to its vibrant hospitality scene with this stunning new hotel.”

“We are thrilled to join hands with Eight Continents Hotels & Resorts, a premier name in global hospitality. With their expertise and support, we are confident that we can elevate our hotel to new heights, offering an experience that travelers will cherish forever. We look forward to welcoming guests to this beautiful city and providing them with an unforgettable stay.” said Akshit Aggarwal and Jaspinder Singh, Owners of Golden Lagoon. “Our vision has always been to offer more than just a place to stay; we strive to create spaces where our guests can immerse themselves in the local culture while enjoying the finest in luxury and comfort. Stamps Golden Lagoon, with its unparalleled location and exceptional service, is a testament to our commitment to excellence in the hospitality industry. We are excited to welcome travelers to this beautiful city and provide them with an experience they will cherish forever.”

Eight Continents Hotels & Resorts is on the expansion spree. The company has recently expanded to Nainital, Jodhpur, Varanasi and Scotland. With properties across key destinations worldwide, Eight Continents is dedicated to creating unforgettable memories for every guest.

IIT Delhi Launches Fourth Batch of Certificate Programme in Machine Learning and Deep Learning

New Delhi, 22nd August 2024: The Indian Institute of Technology Delhi (IIT Delhi) has launched the fourth batch of its prestigious Certificate Programme in Machine Learning and Deep Learning. This programme is designed to equip professionals with the latest skills and in-depth knowledge required to excel in the rapidly evolving domain of machine learning and artificial intelligence (AI).

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As AI and ML technologies continue to transform various industries, there is a growing demand for skilled professionals who can leverage these technologies effectively. The global Machine Learning market size was valued at USD 19.45 billion in 2022 and is projected to reach USD 188.34 billion by 2030, growing at a CAGR of 37.47% from 2023 to 2030. In India, the machine learning market is expected to experience similarly remarkable growth, with a CAGR of 36.11% from 2024 to 2030, reaching a market volume of USD 17.87 billion by 2030.

Through this programme, learners will develop proficiency in efficient Python programming, mastering the skills to effectively load and pre-process data from both online and offline databases using the Pandas library. Furthermore, they will delve into the fundamental principles and challenges of machine learning, designing and training neural networks with the powerful Keras and TensorFlow modules. By the end of the programme, learners will be equipped to design and implement a range of machine learning and deep learning techniques, applying them to real-world problems and applications.

Speaking at the announcement of the fourth batch, Dr. Manav Bhatnagar, Head CEPQIP, Brigadier Bhopinder Singh Chair Professor, Department of Electrical Engineering, IIT Delhi said, “At IIT Delhi, our mission is to deliver education that is at the forefront of innovation, aligning with the evolving needs of the industry. As Machine Learning and Deep Learning continue to revolutionise industries worldwide, our certificate programme is designed to provide learners with a rigorous and comprehensive education that combines theoretical foundations with practical expertise. We take pride in empowering individuals to become leaders in the field of Artificial Intelligence, shaping its future and driving transformation across sectors.”

The six-month Certificate Programme in Machine Learning and Deep Learning is meticulously curated by esteemed IIT Delhi faculty and includes comprehensive coursework covering critical aspects of machine learning and deep learning. Learners will delve into subjects like Python, Data Processing, Data Analysis, Neural Networks, Deep Learning, Architectures and Recent Advances, NLP, among others. The programme will be conducted via the state-of-the-art Interactive Learning (IL) platform and delivered in Direct-to-Device (D2D) mode. This will include 76 hours each of online and self-paced learning, a three-week capstone project, a masterclass and an immersion session for interaction between faculty and learners in the IIT Delhi campus.

CloudKeeper recognized in The Cloud Cost Management And Optimization Solutions Landscape, 2024

New Delhi, 22nd August 2024: CloudKeeper, a leading provider of cloud cost optimization solutions, has been identified as a Key Vendor in the Cloud Cost Management And Optimization Solutions Landscape Report. This recognition highlights CloudKeeper’s commitment to delivering cutting-edge solutions that empower businesses to optimize their cloud spending and maximize ROI across AWS, Microsoft Azure, and Google Cloud platforms.

According to a Forrester report, “Despite an economic downturn, the annual average enterprise cloud spend has continued to grow to $35 Million which is an increase of $2 Million year over year.” It highlights increasing executive pressure for enhanced value from cloud investments. Companies are also finding it difficult to establish an organization-wide governance framework and attain cross-functional buy-in for this plan.

Organizations are placing greater emphasis on Cloud Cost Management and Optimization (CCMO) as a solution. Businesses have saved between 20% and 30% of their cloud spending, on average, just by leveraging CCMO solutions. The CCMO market has evolved significantly, with vendors now focusing heavily on automation and rightsizing resources. Forrester has identified the top use cases for these solutions to be cloud cost waste identification; cloud cost sizing/type optimization; and cloud cost commitment term optimization.

The landscape report comprehensively analyzes 32 CCMO vendors, applying rigorous selection criteria and detailed vendor differentiation. This approach assists companies in identifying the most suitable cloud cost optimization partner tailored to their specific needs. CloudKeeper has emerged as a strong contender in the report, demonstrating exceptional capabilities and expertise across various categories.

CloudKeeper combines advanced group buying strategies, tailored resource provisioning, and enhanced analytics to help organizations achieve significant cost savings while enhancing operational efficiency in the cloud. With a track record of saving 350+ global companies an average of 20% on their cloud bills, CloudKeeper continues to innovate and set benchmarks in the FinOps and Cloud Cost Optimization space.

“Happy and proud of this recognition, which underscores our drive to innovate and our commitment to delivering substantial value to our clients,” said Deepak Mittal, CEO of CloudKeeper. “Our mission is to be the go-to solution for all cloud needs, and this acknowledgment has further fueled our drive to lead the industry in cloud cost optimization and holistic cloud management solutions.”

Blackberrys announces its Strategic collaboration with Myntra to further its footprint across the country

New Delhi, August 22, 2024: Blackberrys, a leading Indian contemporary menswear brand known for over three decades for its sharply cut and well-fitted, sophisticated clothes for all body types of Indian men, has announced its strategic collaboration with e-commerce platform Myntra.

Through this first-of-a-kind collaboration with Myntra, Blackberrys aims to expand its reach beyond its 380+ exclusive brand stores and its D2C website Blacberrys.com to serve millions of customers shopping across India. All of Blackberrys collections including the Suits & Blazers, Dress Line Trousers and India Fit Shirts, Casual T-Shirts, Shirts and Khakis, its unique range of TechPro, TempTech, festive and seasonal collections along with footwear and accessories will now be available on Myntra.

Speaking on the association, Nitin Mohan, Co-Founder and Director, said “This strategic alliance with Myntra marks a new chapter in Blackberrys’ journey. Myntra’s expansive reach and cutting-edge technology will enable us to connect with a broader audience, offering our expertly crafted, sophisticated menswear to consumers nationwide. We are excited to extend our legacy of innovation and precision in fit to more consumers than ever before, all while enhancing their shopping experience.”

Blackberrys has been at the forefront of Indian menswear since 1991, revolutionizing the industry with innovations such as India’s first wrinkle-free khakis and pioneering dress-line trousers. The brand’s TechPro range, featuring smart-dry, wrinkle-resistant fabrics, India Fit range of Shirts which suits every Indian body type and its TempTech collection, designed for all-weather comfort, underscore Blackberrys’ commitment to blending style with functionality. They have also been an integral part of Myntra’s diverse portfolio since 2014, and the renewed rigor builds on the shared goal to serve evolving India’s fashion preferences through its unique range of products.

Speaking about the association, Sharon Pais, CBO, Myntra said, “We are happy to deepen our relationship with Blackberrys, a brand synonymous with sophistication and quality. This announcement underscores our commitment to serve Myntra’s premium base of fashion forward customer with finest menswear collections that meet their evolving tastes and preferences.”

The brand will effectively leverage Myntra’s differentiated tech and speed capabilities to enable access to its signature collections and cater to the e-commerce major’s premium customer base across the country. Myntra and Blackberrys’ association underscores the rapid growth of the industry, driven by the evolving preferences of tech-savvy millennials and Gen Z consumers. According to industry reports, the Indian menswear market is projected to grow at a CAGR of 7.7% from 2024 to 2032.

Study Group Empowers Indian Students with Diverse North American Educational Opportunities

New Delhi August 22, 2024 – Study Group, a global leader in international education, is proud to highlight its extensive portfolio of partnerships with prestigious North American universities. This diverse array of educational opportunities empowers Indian students to pursue world-class education tailored to their academic goals and personal preferences.

With partnerships spanning across the United States, including California State University San Marcos, University of Nebraska at Omaha, Long Island University, Florida Atlantic University, University of Hartford, and Towson University, Study Group offers unparalleled choice in terms of geography, academic programs, and cultural experiences.

Karan Lalit, Regional Director, South Asia, Study Group said, “Our partnerships with these esteemed institutions provide Indian students with a wealth of options for studying in the U.S. Each university in our portfolio offers unique strengths and specialized programs, ensuring students receive a world-class education that aligns perfectly with their aspirations. We’re committed to guiding students towards the right fit, whether they’re looking to pursue specific courses, and career opportunities, or immerse themselves in particular cultural environments.”

The United States remains the most sought-after destination for international students, with 17% of all global international students choosing America for their higher education. In 2022/23, 300,000 new international students were drawn to the U.S. by its globally respected universities and the country’s tradition of embracing determination and success regardless of background. Study Group’s partnerships offer several key advantages for aspiring students. Additionally, the wide range of academic programs available ensures that students can find the perfect fit for their career goals and interests. Study Group’s pathway programs and partner universities provide comprehensive support, preparing students for both the academic and cultural aspects of studying in the U.S., crucial for adapting to a new environment. The career opportunities are extensive, with many partner universities located near major industry hubs, offering valuable post-graduation work prospects.

The success of international students in the U.S. is exemplified by the fact that Indian nationals now constitute 25% of the technical workforce in this global innovation hub.

Reasons Why Cultural Intelligence is Crucial for Global Citizens

“If you talk to a man in a language he understands, that goes to his head. If you talk to him in his language, that goes to his heart.”, by Nelson Mandela

In today’s increasingly globalized environment, cultural intelligence (CQ) is not merely an asset but an essential necessity for anyone seeking to operate successfully across diverse cultural landscapes. It surpasses basic communication abilities, facilitating a deeper understanding and active engagement across a variety of international contexts, making it a critical skill set for navigating and thriving in the global marketplace.

Enhanced Communication Abilities:

At its core, cultural intelligence enables individuals to adeptly manage and navigate the complexities of cross-cultural communication. This includes interpreting non-verbal cues and understanding various communication styles, which are crucial for building trust and effectively collaborating with international partners, clients, and team members. The ability to avoid misunderstandings and foster clear, productive interactions underpins successful global operations.

Business Effectiveness Across Borders:

Cultural intelligence significantly enhances the adaptability of businesses in foreign markets. By aligning business practices with the cultural norms and expectations of each market, companies can avoid cultural faux pas that might otherwise jeopardize their local and global reputation. This adaptability extends to every aspect of business operations, from strategic planning to day-to-day management, ensuring that the entire organization can respond dynamically to varied cultural cues and nuances.

Conflict Resolution:

Cultural intelligence is key to resolving the inevitable conflicts that arise when diverse groups interact. With a deep understanding of different cultural backgrounds, individuals equipped with high CQ can navigate disputes with sensitivity and tact, finding solutions that respect all involved parties’ viewpoints and cultural values. This capability is invaluable in maintaining team harmony and ensuring cohesive work environments, even across borders.

Market Expansion and Customer Loyalty:

For businesses looking to expand into new markets, cultural intelligence provides the insights needed to customize marketing strategies and product offerings to meet local preferences, which can significantly enhance consumer engagement and brand loyalty. Companies like Airbnb and Alibaba, for example, use cultural intelligence to tailor their platforms and operations to reflect local languages, currencies, customs, and preferences, thereby enhancing user experience and satisfaction.

Innovation and Creativity:

By facilitating a deep appreciation and understanding of diverse viewpoints, cultural intelligence can dramatically enhance the creative processes within an organization. Teams that are culturally diverse yet harmoniously integrated often outperform their more homogenous counterparts, thanks to a broader array of ideas and problem-solving approaches that spur innovation and creative solutions.

Ethical Operations and Compliance:

Operating in a global environment involves navigating a complex web of legal and ethical standards that vary significantly from one country to another. Cultural intelligence helps businesses understand and comply with these varied norms, avoiding legal pitfalls and ethical breaches that could lead to fines, sanctions, or damage to reputation.

Leadership in Diverse Settings:

Effective leadership in diverse cultural settings demands more than traditional management skills; it requires a nuanced understanding of cultural dynamics. Leaders with high cultural intelligence can inspire, motivate, and drive teams from diverse cultural backgrounds, leveraging their varied strengths to achieve common goals.

Personal and Professional Development:

Engaging with diverse cultures not only enriches personal experience but also enhances professional capabilities. For global citizens, continuous cultural learning and adaptation are part of a lifelong journey that fosters greater empathy, flexibility, and a broader perspective on the world.

Attracting and Retaining Talent:

In the global talent pool, companies that exhibit high cultural intelligence attract employees from a variety of backgrounds and nationalities, enriching the organization’s internal culture and expanding its capabilities. These companies are better positioned to retain top talent by creating inclusive, respectful, and engaging workplaces.

Sustainability in Global Markets:

The ability to continuously adapt to the evolving cultural landscape is essential for long-term success in international markets. Cultural intelligence fosters an organization’s agility, helping it to respond effectively to cultural shifts and new market demands, thereby ensuring sustainable growth and relevance.

Cultural intelligence is foundational for anyone looking to succeed in the interconnected, diverse, and rapidly changing global marketplace. It enriches interactions, enhances business practices, fosters innovation, and builds effective, respectful international relationships. For global citizens and organizations alike, developing and nurturing cultural intelligence is not just a strategic advantage—it is essential for survival and success in the 21st century. In this regard, School of Liberal Studies at BML Munjal University offers a comprehensive curriculum that fosters cultural intelligence, equipping students with the skills to navigate and thrive in diverse cultural settings. This preparation ensures that graduates are well-prepared to meet the demands of an increasingly globalized world.