24, Jan 2024
Prem Jain Memorial Trust hosts 6th edition of Prem Jain Memorial Address launches two new books

New Delhi, January 24, 2024 – Prem Jain Memorial Trust hosted a significant event on January 24, 2024, featuring the prestigious Prem Jain Memorial Address and the launch of two impactful books. The event took place at the C D Deshmukh Auditorium, India International Centre, Delhi, as part of the annual Sustainability Festival, Harit-Prem Bharat Mahotsav. Decarbonizing India was the Theme of this Mahotsav. The Memorial Address was delivered by world renowned architect and Urban Planner Ar. Christopher Charles Benninger and the Keynote Speaker was Honorable Justice Adarsh Kumar Goel, Chairman, National Green Tribunal ( NGT ).

The event’s program commenced with the Prem Jain Memorial Address delivered by world renowned architect Ar. Christopher Benninger, followed by a keynote address by NGT Chairman, Justice Adarsh Goel.

Prem Jain Memorial Address' , launches two new books

Addressing the event legendary architect Ar. Christopher Benninger said only 36% enjoy the rights of the city, while the lives of the remaining 64% remain unsustainable, at the Prem Jain Memorial Address here today.

He offered an exploration of the 9 Principles of Intelligent Urbanisation, including a delicate balance with nature, tradition, and technology. He emphasized the importance of efficiency, human scale, conviviality, an opportunity matrix, balanced movement, and institutional integrity in creating thriving and inclusive urban environments.

The event was part of the annual Sustainability Festival, Harit-Prem Bharat Mahotsav held annually by the Prem Jain Memorial Trust.

In his Keynote Address Justice Adarsh Kumar Goel, former Chairman of National Green Tribunal ( NGT ), said, “Dedicated to fostering connections between sustainability champions and the youth of Bharat, this occasion marks the convergence of wisdom, literature, and environmental consciousness.”

Prem Jain Memorial Address' , launches two new books

He went on to add, “With 351 polluted river stretches and 134 air-polluted cities, the NGT intervenes through suo motu proceedings for effective disposal of cases related to environmental conservation. As guardians of our environment, we must recognize the legal duty to safeguard these resources, preventing their conversion into private ownership. The fight against pollution extends beyond the Ganga cleanup, revealing a stark reality where states like Maharashtra, Assam, and Gujarat contribute significantly to the 351 polluted river stretches, despite their substantial economic contributions.”

“Dr. Prem Jain, visionary behind the Green building movement in India, has not only transformed the landscape of the building industry but has also instilled a powerful vision for India – to ascend as a global beacon in the Sustainable Built Environment. As the esteemed Chairman of the Indian Green Building Council ( IGBC ) since 2007, he tirelessly championed a Greener way of life, laying the foundation for India to emerge triumphantly as the world leader in ‘Green.’ Dr. Jain’s legacy as the ‘Father of Green Buildings’ resonates, inspiring a paradigm shift in the conception and design of buildings worldwide, leaving an indelible mark on the future of our planet,” said his daughter, Payal Jain.

“Dedicated to fostering connections between sustainability champions and the youth of Bharat, this occasion marks the convergence of wisdom, literature, and environmental consciousness. Today we celebrate the legacy of Dr. Prem Jain, the visionary ‘Father of Green Buildings,’ and strives towards a greener, more sustainable future for Bharat,” said Renu Jain.

Two noteworthy books were also launched during the event:

1. “PJMT Handbook on Wellness in Educational Institutions”
2. “Subliminal Bridges of Eco-Poetry” – Poetry addressing climate change

24, Jan 2024
Gaurs Group Enthralls Gaur City Mall Visitors with a Majestic 14-Foot Idol of Shri Ram and Ayodhya Temple

As the historic “Pran Pratishtha” ceremony of Shri Ram Temple took place in Ayodhya on January 22nd, Gaurs Group celebrated Shri Ram Mahotsav within the central atrium of Gaur City Mall.

In a symbolic gesture of reverence, the centerpiece of the special installations featured a magnificent idol of Shri Ram with a commanding height of 14 feet from the floor and an enthralling focal of Ayodhya Temple, creating an ambiance of spiritual significance and cultural richness for the mall visitors to rejoice. To share the happiness on this joyous occasion, mall management had also arranged a Live Screening of the entire event, followed by sweets distribution, making it a momentous community experience.

RAM MANDIR

“Pran Pratishtha of Shri Ram Temple is a landmark event for our country. Gaurs Group is proud to be taking India’s heritage among the masses. We are committed to rekindling and strengthening India’s rich cultural heritage and spreading the message of Lord Ram to the people. This is our way to celebrate this significant day with everyone and connect with the country’s religious ethos,” says Manoj Gaur, CMD, Gaurs Group.

A large number of people attended the event, which also featured ‘Ram Bhajans’ performed by the accomplished music composer and singer Vijay Prakash Sharma, along with young children from the JAMPD institute who added a touch of divine magic to the atmosphere. The celebration will continue for some time. Gaurs Group, also known as Gaursons India, invites everyone to witness the divine installation, and share the cultural unity that binds us all.

24, Jan 2024
Lenskart Unveils Patriot Collection – A Heartfelt Tribute to Our Armed Forces

Lenskart Patriot Collection (9)

Lenskart, with its steadfast commitment towards reinvention, announces the launch of its latest collection – Patriot Collection. The collection features a blend of contemporary design and patriotic elements, embodying the essence of our nation’s pride. Glorious Tri-colour details on temples, mighty embossing of armed force logos, sharp and solid shapes inspired by military machinery, and a proud palette inspired by uniforms come together in this collection. It is an eyewear collection that salutes our armed forces and celebrates our love for the country.

24, Jan 2024
Pre-Budget Quote – Augmont Gold For All

Pre-Budget Quote:

 Mr. Sachin Kothari, Director of Augmont Gold For All

Augmont LogoAs 2024 is going to be an interim budget, the government is likely to continue with manufacturing incentives, upgrade infrastructure-related capex in the country, and promote Make in India, electric vehicles, and power generation. We anticipate and hope that the government will lower tariffs on gold imports, rationalize pricing, and thereby contribute to the formation of a level playing field between the regular and grey markets.

24, Jan 2024
Goldmedal Electricals Unveils I-Power Travel Adapter

I Power_30W Charger.10

Bengaluru, 24th January 2024: Gold medal Electricals, is one of India’s leading Fast Moving Electrical Goods (FMEG) the leading home grown fast moving electrical goods (FMEG) company announces the launch of its innovative I-Power Travel Adapter for delivering the fastest possible portable charging. This latest addition is a compact and practical charging option for all the travel enthusiasts and those always on the go.

I-Power travel adapter also offers features such as:

· Support PD+QC+PPS fast charging protocol and can charge for phones, tablets, and notebooks.

· Available in EU Plug Option

· Available in 30W high power

Commenting on the latest addition, Kishan Jain, Director, Goldmedal Electricals, said “I am thrilled to introduce our latest product, the I-POWER Travel Adaptor. We have designed this travel adaptor with the needs of modern travellers in mind, ensuring that it is both safe and efficient. With its advanced features, such as the LED display, high power, cooling system, Turbo Power Engine, and smart chip, the I-POWER Travel Adaptor is the perfect solution for anyone who needs to charge their electronic devices on the go. We are confident that this product will exceed your expectations and provide a reliable charging solution for all your travel needs. With the introduction of Goldmedal I- power travel adapter, we aim to make to our consumers.”

Goldmedal Electricals is known for its wide range of innovative and highly efficient LED lights and fixtures. The company also offers variety of modular switches and accessories, home automation systems, luminaries and LED lights, wires and cables, doorbells, fans, PVC pipes, DBs, MCBs, and others.

The I- Power Travel Adaptor retails for Rs. 1,100 with a 1-year warranty.

In conclusion, the I-POWER Travel Adaptor is the perfect solution for anyone who needs a reliable, efficient, and safe way to charge their electronic devices while on the go. With its easy installation, chargeable plug charger, quality certificate, LED display, high power, cooling system, Turbo Power Engine, and smart chip, this adaptor is sure to meet all of your charging needs.

24, Jan 2024
Republic Stays @Novotel Hyderabad Convention Centre

Republic day

Join us for a special one-night stay at Novotel from January 25th to 26th, 2024, celebrating the essence of Republic Day. Embrace the patriotic vibes with a double occupancy room and a delightful buffet breakfast. Immerse yourself in the festive spirit with a special lunch, enjoying a 20% discount on food and soft beverages to enhance your culinary experience.

When: Stay- 25th-26th January 2024 (One night)

Lunch– 26th January,2024

For Bookings, Email– Syedabdul.sohail@accor.com,

24, Jan 2024
Shri Ram Mandir in Ayodhya showcases Tata Consulting Engineers Engineering Excellence

Bengaluru, 24th January 2024: The consecration of the Shri Ram Mandir at the Shree Ram Janmbhoomi Teerth Kshetra complex in Ayodhya in the presence of the Hon’ble Prime Minister Shri Narendra Modi ji and other dignitaries is a historic moment. For Tata Consulting Engineers (TCE), it is a matter of pride to have contributed to the construction of the magnificent temple, setting new benchmarks in engineering excellence. TCE was appointed as the design review, engineering and project management consultant for the entire project to ensure that the amalgamation of ancient faith and modern science would be a place of worship that also signifies India’s self-reliance and prowess in engineering.

The Shree Ram Mandir has been constructed in the traditional Nagara style of temple architecture and constructed using a traditional stone structure made up of sandstone with structural elements joined together by tongue and groove joints. The architectural splendor adorned with intricate carvings and breathtaking artwork has been engineered to last a millennium and withstand natural disasters like earthquakes and floods.

The construction of the Shree Ram Mandir saw TCE implementing innovative engineering solutions, including:

1. Utilising Advanced 3D Structural Analysis: The Mandir underwent a rigorous 3-D Finite Element Method (FEM) Static and Dynamic Structural analysis, akin to what is employed for nuclear plants. This analysis was conducted to ensure the long-term structural integrity of the Monument, considering various design loads, including seismic forces, over a staggering return period of 2,475 years.

2. Unprecedented Foundation Innovation: TCE came on board while the foundation design was already underway. During the initial pile work for the foundation, unforeseen issues emerged, necessitating a thorough review. TCE’s team of experts, in collaboration with a panel of distinguished engineers, conducted an extensive assessment of the design, revealing vulnerabilities, particularly in relation to seismic forces and limited lateral load capacity.

In response, TCE proposed an innovative solution – the use of roller-compacted concrete (RCC) as an engineered fill. This innovative concept, a pioneering endeavour worldwide, received approval from experts, substantiated by settlement analysis confirming its feasibility. A remarkable 130,042 cubic meters of roller-compact concrete was employed as an innovative Engineered Fill, reaching heights of 12 to 14 meters from the Raft’s bottom. This pioneering approach not only ensured the structural integrity of the temple’s foundation but also addressed the unique geological challenges presented by the site. Furthermore, the excavation required for the engineered fill provided an opportunity to unearth cultural debris discovered at depths of 18-20 meters, adding a significant archaeological dimension to the project.

3. Innovative Raft Foundation Solution: The construction of the raft involved the use of 9,432 cubic meters of concrete. A comprehensive thermal analysis was carried out to determine the concrete’s properties before and after pouring. Based on this analysis, the dimensions of the pour were determined as 9 meters by 9 meters with a thickness of 1.5 meters in square sections. To maintain the concrete temperature below 20 degrees Celsius, a chiller plant was installed to lower the water temperature by 7 to 10 degrees Celsius. Additionally, crushed ice was employed to reduce the concrete temperature further.

4. Reimagining the Plinth Foundation: Originally planned with sedimentary rock consisting of sand-sized particles, the Plinth Foundation faced issues with rocks developing cracks and breaking on-site. Tata Consulting Engineers (TCE) recommended the use of igneous rocks formed from magma/lava, as they are 100% original and primary rocks on Earth. A total of 17,000 Indian Granite blocks, boasting a compressive strength of 160 MPa and measuring 5 feet by 2.5 feet by 3 feet, were employed, featuring an essential interlocking arrangement, holes, and keys. Vacuum lifters were introduced for efficient, effective, and safe handling.

5. Employing 4D Modelling for Project Management: To ensure the project adhered to its timelines, TCE employed 4D Modelling. This advanced modelling technique, which integrates the dimension of time into traditional 3D models, offers a dynamic and comprehensive tool for effectively overseeing complex projects and offers a real-time status in relation to the planned schedule. This approach facilitated a better understanding and monitoring of project progress.

6. Innovative Solution for Kuber Tila: The natural tilla had slopes susceptible to instability and erosion, particularly on its western, southwestern, and southern sides. Geotechnical investigations revealed collapsible soil at the surface and soil fill of loose silt and sand in certain areas, further complicating the stability issue. To overcome these challenges, TCE explored various solutions, ultimately deciding on a mechanically stabilised buttressed soil mass encircling the tila area. This innovative approach eliminated the risk of slope failure. Among the options considered, TCE recommended the use of geo-cells filled with soil and gravel. This flexible system not only stabilised the slope but also provided an aesthetically pleasing solution, matching the architectural design requirements. The solution allowed water seepage without developing pore water pressure and facilitated vegetation growth for added stability and visual appeal.

7. Landscaping of the Project: TCE played a crucial role in the landscaping of the temple complex. The first phase of the project involved the development of approximately 40,000 square meters (nearly 10 acres) of hardscape, which included walkways and other solid surface areas designed for heavy foot traffic and aesthetic appeal. The softscape of the temple complex was also meticulously planned, covering a substantial area of 16.85 acres in the first phase. The landscape design beautifully accommodated the Jatayu sculpture and the existing hilltop Shiv temple both seamlessly integrated into the overall design.

8. Pilgrim Facilitation Centre and Allied Services: As the principal consultant for design review, engineering, and project management, TCE is instrumental in shaping these auxiliary structures, ensuring they meet the needs of the visitors while enhancing the overall functionality of the temple complex. Key elements in addition to the pilgrim facilitation centre are a dedicated Fire Post, Water Treatment Plants, medical facilities, RO systems, an exclusive VIP Lounge, Electrical Substation Buildings, STPs and Public conveniences, comprehensive security measures such as a Command control centre, Baggage scanning and Frisking areas, a Fire hydrant system, an intelligent Building management system, Public address system, and extensive CCTV coverage, all of which are crucial for the safety and security of the temple premises.

9. The Parkota: TCE is also the design review, engineering and project management consultant for the Parkota. This 732-meter-long square Parkota connects to the temple with an east/west length of 165 meters and a north/south length of 201 meters. It is estimated that 7.91 lakh cubic feet of Bansi Paharpur Red Sandstone will be utilised when the full Parkota is completed. The entire pathway is designed to be 14 feet wide and features six Mandirs along its periphery.

The main monument boasts impressive dimensions of 108 meters in length 75 meters in width, and reaches a towering height of 49 meters. It stands supported by a remarkable assembly of 392 pillars, each boasting a floor-to-floor height of 19 feet and 11 inches. The superstructure elements, including columns, pillars, walls, beams, slabs, mandaps, and more, are meticulously crafted from Bansi Paharpur sandstone and intricately interconnected with Copper Pins and Clamps to ensure structural integrity.

Within the monument’s grandeur, you will find a total of 42 doors, meticulously fashioned from Maharashtra teakwood. Among these, 14 doors on the ground floor will be adorned with gold plating, adding a touch of opulence to the temple’s design. To further enhance the construction, specialised 20 MPa bricks have been utilised in the lower plinth and for packing the Bansi Paharpur columns, reflecting a commitment to both durability and precision in this remarkable architectural endeavour.

Mr. Amit Sharma, MD & CEO of Tata Consulting Engineers, said: “TCE has been at the forefront of this project, contributing significantly to its design, planning, and successful execution. The construction of the Shri Ram Temple in Ayodhya is a remarkable achievement and a testament to our unwavering dedication, hard work, and commitment. I commend the entire engineering team in Ayodhya for their focus and determination that has led TCE to deliver innovative engineering solutions. It has been an honour for TCE to have contributed its extensive expertise in structural engineering, architectural design, and project management to create this masterpiece of engineering excellence.”

The temple is expected to attract devotees and tourists from all corners of the globe, promoting religious tourism and boosting the local economy.

Shri Champat Rai, General Secretary of Shri Ram Janmabhoomi Teerth Kshetra, acknowledged TCE’s contribution and said, “Tata Consulting Engineers is a renowned engineering consulting firm known for its expertise in engineering, design, and project management. They played a crucial role in the planning and execution of the Ayodhya Temple project, contributing to its structural integrity and architectural excellence. Their commitment to quality and innovation has made a lasting impact on this historic endeavour.”

Beyond this monumental endeavour, the company is actively involved in spearheading numerous prestigious projects across India. TCE’s portfolio encompasses diverse initiatives, such as the development of high-speed rail networks, the transformation of over 15 smart cities, the enhancement of 50+ AMRUT cities, innovative water management initiatives, and invaluable contributions to India’s esteemed nuclear and space programs, to name just a few.

Tata Consulting Engineers continues to exemplify innovation, excellence, and a deep commitment to shaping a brighter future for the nation through its pioneering engineering solutions.

24, Jan 2024
SMFG Grihashakti secures maiden INR 300 crore long-tenor funds from NHB

Bengaluru, 24 January 2024: SMFG Grihashakti, one of the leading players in the affordable housing finance space in India has successfully secured long-tenor funds amounting to INR 300 Crore from National Housing Bank (NHB). This maiden transaction signifies an important milestone for SMFG Grihashakti and opens up an additional avenue for long-term, low-cost funding. This fund raise will play a pivotal role in expanding SMFG Grihashakti’s base and facilitating quality home financing solutions to the underserved population of the country.

Mr. Deepak Patkar, CEO SMFG Grihashakti. (2)
Photo shoot of Deepak Patkar, Chief Risk Officer, Fullerton India Credit Company Ltd.

Mr. Deepak Patkar, MD & CEO, SMFG Grihashakti, said, “It is our endeavour to bring affordable housing finance solutions to the underserved population and to fulfill homeownership dreams across the country. This maiden fund raise of INR 300 cr is a strategic step towards achieving this objective and demonstrates NHB’s confidence in our business model and financial stability.”

As on Dec 31, 2023, SMFG Grihashakti’s AUM stands at INR 8028 cr, showing a 37% CAGR growth over last two years, coupled with a significant improvement in asset quality. The company has a well-diversified borrowing profile comprising of bank loans, capital market instruments such as bonds, sub-ordinated debt along with securitization and direct assignments.

SMFG Grihashakti provides a diverse range of financial products to its customers across the country, including loans for home improvements, home constructions, home extensions, loans against properties, and loans for purchasing commercial properties. Additionally, SMFG Grihashakti also offers project construction financing solutions to mid-tier developers by leveraging the company’s extensive industry experience, strong parental relationships, nationwide distribution network, and a robust risk management framework.

24, Jan 2024
The Hinduja Family Secures Entrepreneur of the Year Award

Bengaluru, 24th January 2024: The Hinduja family and Mr. Gopichand Hinduja, Chairman of The Hinduja Group, a 110-year-old multinational conglomerate with a multi-billion dollar turnover, have secured the Entrepreneur of the Year Award at Spear’s Awards 2023. The grand event, held in the opulent ballroom of Landmark London, brought together luminaries from the wealth management, private banking, and property sectors to honor outstanding achievements in the past year. This award to the Hinduja family underscores their entrepreneurial spirit, commitment to excellence, and the successful fusion of history and modern luxury in The OWO Residences.

Under Mr. G.P. Hinduja‘s visionary leadership, the Hinduja family has not only reshaped global industries with ventures in hospitality, automotive, finance, energy, and healthcare but also set unprecedented levels of success. Their strategic guidance has left a lasting impact on the global economy, redefining industry standards across diverse sectors.

hinduja

Expressing her gratitude for this achievement, Ms. Shalini Hinduja, the daughter-in-law of Mr Gopichand Hinduja chairman of the Hinduja Group remarked, “We are deeply grateful and humbled to have secured the Entrepreneur of the Year Award. For me, an entrepreneur is someone who takes risks in business and is willing to go against the odds. The acquisition of the Old War Office was exactly that, in light of where things are in terms of the economy. ‘Our initial tagline was: “Honouring the history and forging the future.” We needed things to be functional and achieve some level of modernity while keeping that link with the history of the building.”

Ms. Shalini Hinduja has played a pivotal role in spearheading this ambitious venture, marking the family’s inaugural foray into the hospitality sector. After a meticulous six-year renovation project, The OWO, now home to the UK’s first Raffles Hotel, opened its doors to the public last summer. The property boasts 85 uniquely designed residences and nine restaurants, setting a new benchmark for opulence in the heart of London.

The Hinduja Family, in addition to their notable business achievements, is dedicated to philanthropic endeavors through the Hinduja Foundation. Focused on education, healthcare, and community development, the foundation has positively impacted countless lives.

The Spear’s Awards 2023 celebrated 18 distinguished winners across categories like School of the Year and HNW Wealth Manager of the Year. Among the outstanding honorees was Charlotte Bobroff, executive director at J.P. Morgan Private Bank, named UHNW Wealth Manager of the Year. J.P. Morgan Private Bank secured top honors as the Private Bank of the Year – International and Grand Prix winner for Private Client Firm of the Year.

24, Jan 2024
Quote on Pre Budget Expectations || Shoonya

By Ramneek Singh Ghotra, Chief Growth Officer, Finvasia Group

The previous budget introduced strong women-centric policies, including Free Skill Development, Beti Bachao Beti Padhao, and Digital Skilling Initiatives amongst others. As we approach Budget 2024, I anticipate continued progress, emphasizing economic opportunities, social safety nets, and health-centric empowerment. I hope for a more robust focus on skill development, rural entrepreneurship, and improved access to capital for women. Strengthening social security, enhancing safety, and prioritizing accessible healthcare and financial inclusion will contribute to a more positive and empowered society.