Archives June 2023

52% students under BYJU’S Career Plus Program (CPP) from 22 aspirational districts have qualified NEET UG 2023

Bangalore, 19th June 2023: BYJU’S Career Plus Program (CPP), an exclusive initiative for India’s aspirational districts in collaboration with NITI Aayog, has enabled students from these remote locations to achieve impressive results in the NEET UG examination 2023. Students hailing from economically backward backgrounds, who earlier had no means to prepare for one of the world’s toughest entrance exams, now could access BYJU’S high-quality tech-driven learning programs for free. Along with the support of BYJU’S fellows from CPP, 102 students out of the 195 who appeared, have qualified the coveted exam with outstanding results. With 3 students scoring more than 90 percentile, girls constitute about 61% of the qualifiers. The results were announced by the National Testing Agency on June 13.

The qualifying students come from 22 different aspirational districts across India, which is a testament to BYJU’S CPP’S vision to reach and empower students at the grassroots level. Since 2021, BYJU’S Career Plus Program has supported numerous students from socio-economic weaker sections across 112 aspirational districts, providing them with free tech-driven learning programs to attempt and ace engineering and medical entrance exams.

Mansi Kasliwal, VP – Social Initiatives, BYJU’S, said, “Many students from aspirational districts are first-generation learners. Through BYJU’S Career Plus Program, we are constantly striving to bridge the educational gap in these remote locations by empowering the students with tech-enabled, high quality learning programs. 102 students from lower socio-economic backgrounds, qualifying NEET UG 2023 fills us with immense pride and speaks highly of the hardwork and dedication put in by the students as well as our fellows across these districts. As we continue to support more students with the help of our trained fellows and high-quality coaching materials, we are hopeful of witnessing more such successful students in the coming years.”

Mohammad Afzal Ganaie,Mohammad Afzal Ganaie a BYJU’S CPP student from Baramulla, Jammu & Kashmir, who achieved an overall 95.07 percentile in NEET UG 2023 said, “I am extremely happy as I can finally see my dream of becoming a doctor turning into a reality. While I was very confident to score above 95 percentile, the unwavering support from BYJU’S Career Plus Program has played a key role in my journey. Regular mock tests, revisions through sample papers and personalised guidance from the teachers have aided me in preparing for the NEET exam.”

Sneha

Sneha, another BYJU’S CPP student from Mewat, Haryana said, “Scoring over 90 percentile in one of the toughest exams of the world is really challenging. But I have been able to do so with a focussed preparation strategy and rigorous practice. Moreover, I am extremely grateful to BYJU’S Career Plus Program that equipped me with relevant test papers, personalised guidance on time management and doubt clearing sessions in regular intervals to help crack the competitive exam.”

NEET is conducted annually by National Testing Agency as a qualifying test for students who wish to pursue undergraduate medical (MBBS), dental (BDS) and AYUSH (BAMS, BUMS, BHMS, etc.) courses in government and private institutions in India and also, for those intending to pursue primary medical qualification abroad.

Over 20 lakh students appeared for NEET 2023 from across the country.

BYJU’S Education For All

With an aim to make digital learning accessible to millions of children from underserved communities, BYJU’S, the world’s leading edtech company, launched its social impact initiative – Education for All in 2020. The programme aims at democratizing education by ensuring that children across all economic backgrounds get equal access to quality learning opportunities. The “Education for All” initiative serves to enable students from underserved and economically deprived communities with a better chance at upward social and economic mobility. This initiative aims at bridging the educational and digital divide by making quality learning accessible to the children in need. With over 175+ partners like American India Foundation, United Way, Right to Live, Magic Bus, SOS, Save the Children, CRY and more across 400 districts in India, the programme has created a positive impact and reached over 55 lakh students across the country. BYJU’S has also partnered with NITI Aayog to provide free access to its tech-driven learning programmes for children from “aspirational districts” of the country. The company aims to accelerate its impact in reaching children who have no access to learning both on its own and through partnerships. For more information: https://byjus.com/educationforall/

Shahat Gill Set to Ignite the Music Space with Dance-pop Single ‘Pagal Ay’

Shahat Gill

India 19th June 2023: Rising pop sensation Shahat Gill debuts with Sony Music to deliver an electrifying Punjabi pop track “Pagal Ay” featuring MTV Hustle 2.0 artist Panther. The song showcases Shahat Gill’s remarkable vocal prowess and Panther’s unmatched energy. It combines their talents to create an infectious musical experience. This collaboration aims to captivate audiences with its dynamic blend of contemporary pop and Punjabi influence.

Written by Kaptaan and composed by Ashu Sidhu with a desi rap verse by Panther Pagal Ay boasts of groovy beats making it a guaranteed hit amongst the audience at large. Accompanying the release is a visually stunning music video, filmed in the enchanting city of Udaipur. The video captures the essence of the track, featuring Shahat Gill and Panther in a high-energy performance and stylized looks that are bound to ignite the screens and leave viewers enthralled.

“I am so excited to release my debut with Sony Music. This song represents a significant milestone in my musical journey and teaming up with Panther for this project has been an exhilarating experience,” said Shahat Gill. “We wanted to create a fresh and vibrant track that would resonate with listeners and become an instant favourite. I believe our collaboration has achieved just that.”

Panther added, “Working with Shahat has been incredible. Her talent and dedication to her craft are evident in every note she sings. Together, we’ve crafted a song that brings together our distinct styles, resulting in an energetic and unforgettable experience. We believe this track will leave a lasting impression and connect with people in a meaningful way.”

The banger by Shahat Gill and Panther is poised to make a significant impact in the music industry, solidifying their positions as rising stars. With its catchy beats and irresistible desi rap, the track promises to dominate playlists and become a favorite among music enthusiasts.

Rs. 2000 Note Withdrawal – Not a Housing Deal-breaker

Rs. 2000 Note Withdrawal - Not a Housing Deal-breaker– Akash Pharande, Managing Director – Pharande Spaces
The Reserve Bank of India’s decision to withdraw Rs 2,000 currency notes from circulation has raised questions about its potential impact on the housing sector. Some believe that the move may lead to a rise in land deals and resale housing transactions with cash components, at least in the short term while the shock lasts.
Others argue the impact will be minimal, especially on the primary housing sales market. The biggest doom-sayers remind us of the impact of the government’s demonetization of the then-existing Rs. 500 and Rs. 1000 notes on the real estate market.
DeMo 2016 Vs Rs2000 Note Withdrawal 2023
Demo 2016 – No doubt, the 2016 demonetization led to a not-so-short-term decline in property transactions and a slowdown in the housing sector. The Indian real estate market had almost traditionally involved a significant amount of cash transactions, invariably involving unaccounted and hoarded high-value currency notes. With the withdrawal of these notes, there was a cash shortage in the market, leading to a decrease in property sales and a drop in prices.
The liquidity crunch also affected real estate developers who relied on cash transactions for land acquisitions and construction. The sudden withdrawal of the then very prevalent Rs. 1000 and Rs. 500 notes disrupted their cash flow, leading to delays in project completions and financial stress.
Demonetization also psychologically impacted homebuyers and housing investors, causing them to adopt a wait-and-watch approach. Uncertainty prevailed in the market, as people needed clarification about the long-term effects of the policy. This cautious sentiment further contributed to a slowdown in the real estate sector.
Also, the impact of demonetization on the real estate market was hardly uniform across the country. The effects were more pronounced in markets where cash transactions were more prevalent, such as in smaller cities and rural areas. In the bigger, more organized real estate markets where a high proportion of property transactions were already happening via official banking channels, the effect of DeMo was much less.
2023 – This year, the RBI has decided to withdraw Rs 2,000 notes from circulation. First, this withdrawal is not a cataclysmic event but a gradual process. It is not a ban. These notes have not been demonetized and will continue to be legal tender. The RBI has asked citizens to deposit or exchange these notes by September 30, 2023.
This is obviously not comparable to the 2016 event, which was abrupt and had almost no buffer period. Also, many things have changed in the Indian real estate sector since the highly disruptive demonetization. The cash component in housing transactions has reduced massively.
Impact of Similar Moves in Other Countries
It can’t be denied that the sudden withdrawal or demonetization of currency notes had undoubtedly negatively impacted the real estate markets of other countries. In 2016, Venezuela demonetized its 100 bolivar note, which accounted for around 77% of the country’s cash in circulation. This created chaos and adversely affected the country’s real estate market, as property transactions stalled, prices declined, and liquidity tightened.
In 2019, Zimbabwe banned using foreign currencies and reintroduced its national currency, the Zimbabwean dollar. As a result, the country experienced hyperinflation and economic challenges, and the withdrawal of foreign currencies affected its real estate market. Property values declined, and transactions plummeted.
Long before that, in 1987, the Burmese government demonetized the 25, 35, and 75 kyat notes. Again, this move aimed to tackle inflation and corruption but also led to a decline in property prices, transactions, and overall investment in the sector.
However, it makes little sense to use such yardsticks; the impact of demonetization or withdrawal of currency notes in one country cannot be gauged by what happened in other countries. Each country has its specific circumstances and market conditions. No doubt, the markets were thrown into chaos wherever there was a high reliance on cash transactions in real estate.
But even though the Indian real estate market took a hit in 2016, it has changed hugely since then.
A survey by LocalCircles indicates that cash transactions in Indian real estate have reduced since demonetization and continue to reduce. In the 2021 survey, 70% of respondents admitted to cash as part of the transaction for property acquired in the previous 7 years.
However, a more recent survey showed that 44% of respondents who bought a property in the last 7 years said cash was part of the transaction. The percentage of respondents who admitted to having paid over half of the amount in cash dropped from 16% in 2021 to 8% in the new survey.

This indicates that the Indian housing sector has transformed hugely since 2016. It is not just that RERA requires complete transparency and accountability – buyers and sellers have consciously moved away from cash components.

There may continue to be instances in tier 3 cities where amateur builders sell flats to buyers outside the purview of RERA, with cash components of varying magnitudes. Still, the influence of and awareness about the revolutionary RERA Act is spreading rapidly.

Most Indian homebuyers are end-users who want their purchases to be well-documented and legally above board. On their part, with the possible exception of minor bit players with small one-off projects in tier 3 and peri-urban areas, developers will not risk engaging in business practices that impact their business reputation and sustainability.
Therefore, the graded Rs2000 note withdrawal will not hit the first sales market involving developers and homebuyers. However, the resale market may take a slight hit because cash components continue to happen there. Whatever impact is seen will not extend beyond the end of 2023.

Naiknavare Developers Successfully Organizes Gruhshodh Event for Avon Vista Project in May 2023

Naiknavare Developers

17th June 2023, Pune: Naiknavare Developers, renowned for its well-thought-out community-centric residential and commercial projects in Mumbai, Goa, and Pune, has announced it successfully concluded its long-awaited Gruhshodh Event for the Avon Vista project on Saturday, 6th May 2023.

In the inaugural session of Gruhashodh, Naiknavare Developers felicitated the winners of the lucky draw contest held during the auspicious period from Gudi Padwa to Akshaya Tritiya. As a part of the campaign, the developer rewarded one of the winners by waiving the stamp duty registration fee. The developer also honored three other lucky draw winners with EV bikes and four winners with gold vouchers worth Rs. 1 lakh each. In total, 8 lucky winners were shortlisted and presented with gifts.

The contest garnered an exceptional response from the time of the announcement and recorded participation from hundreds to thousands of people across Maharashtra. Both, the lucky draw and Gruhshodh event also resulted in an increased response with respect to site visits and bookings for Avon Vista.

So far, Avon Vista has successfully granted possession for three buildings, occupied by approximately 300 residents. The remaining three buildings are under construction. This premium residential project offers 30+ lifestyle amenities that encompass a convenience store, pet zone, indoor game area, podium garden, tennis court, infinity pool, skating rink, clubhouse, and co-working spaces, among others. The limited inventory in Avon Vista highlights the scarcity of available units.

“We are thrilled by the response we have received for the campaign and would like to sincerely thank all the participants for showing their enthusiasm and interest. I would also like to congratulate the winners and extend my compliments to them. There couldn’t have been a better time and occasion than the Gruhashodh Event to recognize and entrust our winners with gifts. We look forward to hosting many such contests in the near future. It gives us an opportunity to engage with people and witness their true competitive spirit,” said Mr. Anand Naiknavare, Head of Business Process at Naiknavare Developers.

While speaking about her experience as a customer for the Avon Vista project, Ms. Mayuri shared, “From the time I visited the site till date, I have had a great experience dealing with the customer service team. Owing to this positive experience, I decided to do a spot booking at Avon Vista. With this, our search for residential property that was ongoing for the past 6 to 7 months came to an end. One of the main reasons we finalized on Naiknavare Developers is that they are offering what other players in the market are not. Their amenities, too, are exclusive and left us really impressed; let it be the infinity pool and skating rink or the dance-cum-yoga room and podium garden. Most importantly, we wanted a road-touching property with all the facilities in the vicinity; and Avon Vista fulfilled this criteria.”

Initiatives like the Gruhashodh Event aim towards uniting Naiknavare Developers’ existing customers and the community at large. These events serve as great platforms to comprehend what prospective property buyers and investors anticipate and the prevailing gaps in the market.

Uplifters announces 6-month Data Science course with Pay After Placement

The ‘Pay after Placement’ (PAP) program will enable learners to acquire an extensive skill set in Data Science with a minimum upfront fee and accelerate their careers.

Gurugram, June 2023: Uplifters – a skill-based ed-tech startup focused on Tier-2 and Tier-3 cities has recently launched its latest comprehensive course on Data Science with a unique perk for students to ‘Pay after Placement’. The course is focused on providing fresh graduates and working professionals an opportunity to advance their careers in data science without studying under any financial burden.

Data has become a powerful force in today’s fast-paced, digitally-driven world. However, tier 2 and tier 3 cities lack IT infrastructure that can provide reasonably priced courses and reliable placement opportunities. Uplifters has launched a Data Science pay after placement program to help learners understand the implications of data science in the real world and equip them with a skillset to create analytical models to improve business outcomes.

, Umang Sangal,

Commenting on the commencement of the course, Umang Sangal, Founder & CEO of Uplifters said, “Selecting an ideal Data Science course is challenging and time-consuming for learners. Even if they are able to find a suitable course, either it is offered at a sky-high fee or not supplemented with a relevant placement opportunity. At Uplifters, we look forward to addressing such challenges and making the talent industry ready with our PAP courses.”

The Data Science course at Uplifters is 30 weeks i.e., a 6 months online program. It is focused on Python, Data Science Maths, Data Sources, Machine Learning, DSA in Python, Excel, SQL, Power BI/Tableau, Cloud Basics and Computer Vision/ NLP. The certification program will also help learners with interview preparation and gain industry experience through real-world industry projects.

Uplifters have deliberately designed Data Science PAP to help learners acquire robust skills at a minimum upfront fee while the remaining fee can be paid after their placement.

Aspiring learners can enrol in the placement assistance program at Uplifters by paying a discounted upfront fee of Rs. 40,000. For a PAP, the learners will have to pay a fee of Rs. 20,000 before enrolling in the course while the remaining amount can be converted into 30% of CTC (max up to Rs. 2 Lakhs) that can be paid after the placement.

Learners can pay the enrolment fee for the Data Science course and get access to Uplifters’ exclusive – Live engaging classes, projects, assignments, Q&A sessions, one-to-one counseling and a placement guide. Additionally, learners can get personalized support from industry experts at Uplifters for mock interviews, resume building and other workshops that imperatively make the learners corporate-ready.

Uplifters is a new age and one of the fastest-growing ed-tech platforms that strive to uplift India’s untapped and undervalued talent. With cutting-edge technology tools and expert knowledge, it equips the learners with the extensive skill set required to unleash growth potential.

Institute of Bakery & Culinary Arts (IBCA) Announces Scholarship Worth Rs 1 Cr.

Institute of Bakery & Culinary Arts, has announced scholarships worth Rs 1 crores to enable students to build careers. The minimum scholarship amount is Rs 10,000 and the maximum is Rs 1,00,000. The scholarship grants would depend on the course structure of the students. The scholarship is eligible for all courses at the Institute of Bakery & Culinary Arts.

IBCA offers scholarships to more than 400 students across the country for their Bakery and Culinary Arts Courses. The Institute aims to allocate scholarship seats for their advance Diploma, Diploma and certification courses.

The following courses are available in the IBCA institute with their respective duration: 18 months Advance Diploma Course in Culinary (Level 3), 18 Months Advance Diploma Course In Pastry (Level 3), 12 Months Diploma Course In Culinary Arts (Level 2), 12 Months Diploma Course In Pastry Arts (Level 2), 6 Months Certificate Course In Pastry (Level 1), 3 Months Certificate Course In Culinary, 3 Months Certificate Course In Pastry, Culinary Hobby Chef and Pastry Hobby Chef.

Bakery and Culinary Arts careers, All our Courses follow an International curriculum to give students the right exposure for equipping them with the highest standards. IBCA follow strict guidelines that instil discipline and aptitude in students to prepare them as per the prevailing industry standards.

NTPC Vidyut Vyapar Nigam Limited (NVVN) commissions first Rooftop Solar PV Project

NTPC Vidyut Vyapar Nigam

Mumbai, 17th June 2023 – NTPC Vidyut Vyapar Nigam Limited (NVVN) has commissioned its first Rooftop Solar PV Project at IIT Jodhpur, Rajasthan on 14.06.2023. The one MW Grid connected Solar Project has been implemented by NVVN under the RESCO model with Power Purchase Agreement duration of 25 years. The Project is setup on the roofs of 14 buildings inside the campus of the IIT.

The project will generate around 14.9 Lakhs units per annum and will meet 15% of the electricity requirement of IIT Jodhpur. The Rooftop project will reduce 1060 tonnes of CO2 emission per year.

NTPC Vidyut Vyapar Nigam Limited was formed by NTPC in the year 2002 as its wholly owned subsidiary to tap the potential of power trading in the country. NVVN holds the highest Category ‘I’ power trading license as per latest CERC regulation.

NVVN is also trading in Gypsum and now diversifying into renewables, Waste to Green Fuel, e-mobility and offers complete business solution across the Power Value Chain.

Unacademy Celebrates Remarkable Achievement: Over 23,000 Learners Qualify for NEET UG 2023

Mumbai,17th June 2023: Unacademy, India’s largest learning platform* is proud to announce the top performers of NEET UG 2023 who have achieved exceptional success in the highly competitive medical entrance examination. These Learners, who have displayed remarkable dedication and perseverance, have secured top ranks in this prestigious exam, setting a new benchmark for excellence.

More than 23,000 Learners have qualified for NEET UG 2023, showcasing the wide reach and impact of Unacademy’s comprehensive learning programs. Among the highlights of the results, 6 Learners have achieved ranks in the Top 100, while an impressive 54 Learners have secured ranks in the Top 1000. Additionally, 3 Learners have emerged as state toppers and 4 Learners have achieved top positions from category. A remarkable count of 21 Learners scoring 700+ further exemplify the exceptional achievements of Unacademy’s NEET UG Learners.

Unacademy has supported Learners with comprehensive learning programs, and guidance from Top Educators to move closer to their dream of becoming a doctor.

“We extend our heartfelt congratulations to the top performers of NEET UG 2023 from Unacademy. Their success is a testament to their unwavering dedication and the effectiveness of our holistic learning programs. We are immensely proud to have played a part in their incredible journey to becoming a doctor in the future,” said Gaurav Munjal, Co-founder & CEO of Unacademy

“Unacademy remains committed to providing the best-in-class education to aspiring medical professionals and empowering them to achieve their dreams,” he added.

Unacademy has been instrumental in helping numerous learners achieve their goals and secure top ranks in various competitive examinations.

In a historic feat, a whopping 1,06,870 students from Aakash BYJU’S qualify for the prestigious NEET UG Examination 202

Aakash

17th June 2023 In a historic feat, a whopping 1,06,870 students of Aakash BYJU’S, the national leader in test preparatory services, have qualified the prestigious NEET Examination 2023. Four Aakashians from the Classroom Course have created history again by becoming National Toppers securing AIR 03, 05, 06 and 08 by scoring 715 and above out of 720.

Registering one of the best results ever, 17 students from Aakash BYJU’S classroom and digital programs have become state and UT toppers.

An impressive 5 students have secured ranks in the Top 10; 29 in Top 50; 56 in Top 100 and a whopping 381 in Top 1000 in General Category. 17 students became State/UT Toppers of Karnataka, Odisha, West Bengal, Rajasthan, Uttar Pradesh, Gujarat, Delhi, Madhya Pradesh, Haryana, Andaman and Nicobar Islands, Jammu and Kashmir, Uttarakhand, Tripura and Chhattisgarh. 94,762 students qualified from classroom program while 12,108 students qualified from Digital and Distance Learning programs.

Aakashians in Top 10 are Kaustav Bauri from Chennai became AIR 03, AIR 05 is secured by Dhruv Advani from Bangalore, Surya Siddharth Nagarajan from Chennai secured AIR 6, Swayam Shakti Tripathy from Bhubaneshwar secured AIR 08 and Parth Khandelwal (DLP) secured AIR 10. Kaustav secured 716 out of 720 while Dhruv, Surya, Swayam and Parth scored 715 out of 720 respectively.

Twelve Aakashians scored above 715 marks out of 720; 39 students scored more than 710, 82 students scored 705 plus out of 720, 143 students secured 700 plus out of 720, speaking volumes about the faculty, curriculum and training at Aakash BYJU’S.

The results were announced by the National Testing Agency (NTA) on June 13.

Commenting on the impressive results, Mr. Abhishek Maheshwari, CEO, Aakash Educational Services Limited (AESL), said, “Congratulations to our outstanding students for their remarkable achievements in the NEET 2023 examination, marking another year of such momentous success. This incredible outcome is a result of our students’ unwavering dedication, the invaluable guidance from our faculty, and our institute’s exceptional test preparation. We sincerely thank the parents for their unwavering support towards their children’s dreams of becoming doctors. Their commitment and relentless efforts serve as an inspiration to numerous students, even those in remote areas and villages across the country. Our institute is renowned for its high-quality test preparation in the industry, empowering students to excel in medical and engineering entrance exams. We wish all our students the very best in their future endeavors.”

The students credited their outstanding performance to the hard work and the excellent coaching provided by Aakash BYJU’S for the examination, which is considered amongst the most competitive in the world. The NEET Exam is applicable for admission to all medical colleges in the country.

Around 20.87 lakh students registered for NEET (UG) examination this year and 20.38 lakh students appeared. Out of this, 11.46 students qualified the examination.

Aakash Institute aims to help students in their quest to achieve academic success. It has a centralized in-house process for curriculum and content development and faculty training and monitoring, led by its National Academic Team. Over the years, students from AESL have shown proven selection track record in various Medical & Engineering entrance exams and competitive exams such as NTSE and Olympiads.

KRAFTON Establishes New Studio ReLU Games

KRAFTON

New Delhi, 17th June 2023: KRAFTON Inc. established a new independent studio called ReLU Games on June 1, appointing MJ Kim, who previously led KRAFTON’s Special Project 2, as the CEO. As KRAFTON’s 11th independent studio, ReLU Games is set to focus on game development using deep learning technology.

Inheriting the spirit of KRAFTON’s in-house incubating program “Special Project II” launched in 2020, ReLU Games will continue making efforts to apply deep learning technology to the fullness of games. It plans to leverage deep learning-based game production know-how and ideas accumulated from running Special Project II over the past three years to develop its new titles.

ReLU Games will launch its first project “FOONDA: AI Puzzle,” which aims at providing users with hyper-personalized puzzle experience by creating a puzzle stage with deep learning technology. It is preparing to release the mobile version of FOONDA: AI Puzzle in 3Q23. Furthermore, ReLU Games will carry out a number of projects to seek the funness of games through deep learning such as Project Orchestra based on speech recognition technology.

KRAFTON is geared toward deep learning in 2023 to innovate game production methods. Starting with the establishment of ReLU Games, KRAFTON will integrate deep learning technology with game content in earnest and continue making bold investments in deep learning.

ReLU Games’ CEO MJ Kim said, “Deep learning technology has led disruptive innovation in our daily lives and the integration of deep learning and gaming is the inevitable future” and emphasized, “ReLU Games will continue taking on a challenge based on our experience in leading the integration of deep learning and gaming.”

[Note]

ReLU is a representative activation function that simplifies complex patterns in the artificial neural network and returns a zero output for negative input values. ReLU Games is named to stand for the pursuit of challenge and innovation based on the resilience that absorbs the experience of failure, or a negative number. ReLU Games is an independent studio, which is wholly owned by KRAFTON.