Archives February 2024

DULCIA ART presents Legends- A Retro Musical extravaganza

Bengaluru India 13 February 2024– DULCIA ART presents a new series “LEGENDS” and the first episode will be a musical tribute to the legendary singer Kishore Kumar, on 25th February at Dr.B R Ambedkar Bhavan at 6 PM, . This will be a dedicated musical evening on his unique melodies, and the songs will be presented by three well established artists, Prashant Naseri, Ravindra Shinde & Shifa Ansari, they will be accompanied by some of the India’s best instrumentalists and the renowned anchor Sandeep Panchwatkar will host the show. These singers will be presenting some rare gems from Kishoreda’s collections, along with many popular ones. Kishore Kumar. Kishoreda, unarguably is the most versatile and one of the best multi-genre, singers India has ever produced. In this 3.5 hours, well systematically designed, and craftly curated concert, you will be listening to some of the timeless songs of Kishore da composed by such luminaries as S D Burman, Khayyam, Rajesh Roshan, Laxmikant Pyarelal, R.D. Burman, Bappi Lahiri, and Kalyanji Anandji, among many more.

Dulci-2

Known primarily for his gifted, effortless, and vibrant singing, Kumar was actually a complete entertainment package in Hindi films — being also an accomplished actor, lyricist, composer, producer, director, screenwriter — and both on and off screen, its biggest eccentric. From “Khwab ho tum ya koi haqeeqat” to “Pal pal dil ke paas”, “Zindagi ke safar mein maqam” to “Khaike paan Banaraswala”, and “Khilte hain gul yahan” to “Kya yehi pyar hai” , Kishore Kumar’s mellifluous voice still reverberates for stars from Dev Anand to Dharmendra, Rajesh Khanna to Amitabh Bachchan, and Shashi Kapoor to Sanjay Dutt, in a range of emotions, moods and situations. Kishoreda has nearly 3,000 songs (including a duet where he sings the female side in falsetto) from 1,200 odd films, he also went on to act in about 90 films between 1946 and 1982.

Prasanth Naseri is a world record holder in non-stop singing of 165 songs of Kishore Kumar in 16.5 hours. He has been in this musical industry for more than 2 decades and have performed at more than 15000 venues. Ravindra Shinde has been a “de-facto” Kishore Kumar singer for the several decades now and has enthralled many many audiences through his impeccable style. Shifa Ansari has been performing with almost all the leading singers in this industry. These singers will be well supported by a 15 highly experienced and well known instrumentalists, which also include, one of the India’s best string-groups – Cochin Strings.

Rajeev Gopalakrishnan who directs the event says, “This will be a real musical treat for the true Kishore da fans, having some of his “not-so-heard” but “must-heard” songs too. The event will be a musical travel through kishore da’s various melody genres, where his unique and adorable rendering styles as well as the tonal variances are re-presented, lively. It will be a different musical experience altogether “

DULCIA.ART is a start up in the creative industry space, mainly working on the portfolios of Artists and Artisans business consulting, International artistic Collaborations , and themed Live Events. Having presences in Bangalore, Munich, Budapest and San Diego.
LEGENDS by DULCIA.ART will be at Dr.B R.Ambedkar Bhavan Millers road on February 25, 2025, from 6 PM onwards.

ICAI elects New Torchbearers for the year 2024-25

ICAI elects New Torchbearers for the year 2024-25Kolkata, 13, February, 2024: The Council of the Institute of Chartered Accountants of India (ICAI) on February 12, 2024 elected its new President & Vice-President for the term 202425.

CA. Ranjeet Kumar Agarwal has been elected as the President, ICAI and CA. Charanjot Singh Nanda has been elected as the Vice-President, ICAI w.e.f. February 12, 2024.

Profile: CA. Ranjeet Kumar Agarwal, President, ICAI (2024-25)

A seasoned professional with strong organizational skills, having a penchant for excellenceandan academic acumen, CA. Ranjeet Kumar Agarwal ascends to the esteemed position of the 72nd President of The Institute of Chartered Accountants of India for the year 2024-25.His longstanding affiliation with the institute spans epochs, having been chosen for the 23rd, 24th, and 25th Central Councils in a row preceded by 6year term in Regional Council. Demonstrating enthusiasm and commitment to keeping pace with technological advancements, he actively engages in the integration of artificial intelligence and automation, to build futuristic workplace and workforce by emphasizing on continuous training, upskilling, and reskilling. CA. Ranjeet Kumar Agarwal’s proactive work approach and unwavering commitment to embracing innovative concepts, exemplified by his fervent utilization of modern technologies, establish him as a guiding force and a source of inspiration for all.

While serving as the Central Council Member since 2016 and then as Vice President in 2023-24, he has led the profession from front and shown his unwavering commitment to the profession. During his Chairmanship, EIRC has received the coveted award for being the Best Regional Council. His approach and guiding principle are to keep the Nation First and profession first in all his endeavors. In all his stints he has led initiatives to build trust, confidence and leadership. As the erstwhile Chairman of the Professional Development Committee, he played a pivotal role in the successful implementation of initiatives such as UDIN and Bank Branch Audit Software, marking significant milestones for the Institute. Furthermore, his instrumental role in extending UDIN implementation to SAARC countries underscores his global impact. Mr. Agarwal’s tenure asthe Chairman of the Ethical Standards Board saw the formulation of a new code of Ethics after a decade, a testament to his expertise and commitment to upholding ethical standards within the profession.

With a view to propel India ahead, heinitiated the CA Business Leaders 40 under 40 campaign to build leaders for tomorrow, recognizing and celebrating the achievements of 40 young CA professionals under the age of 40, highlighting his commitment to fostering excellence and innovation within the industry.

Envisioning a future with tremendous prospects, the growth of the profession’s infrastructure is being strengthened across the country. During his tenure as the Vice-President of the Institute, the Policy of Centre of Excellence has been approved, planning 9 more COEs across India taking total to 11 and aimed to maximize the utilization of COEs.

As President of ICAI, CA. Ranjeet Kumar Agarwal is now by the virtue of his post the Chairman of all the Standing Committees, i.e., Executive, Finance, Disciplinary and Examination Committees, as well as ex-officio members of all Non-standing Committees and Editor of ICAI Journal, The Chartered Accountant. He also Chairs the ICAI research wing Accounting Research Foundation (ICAI ARF), Extensible Business Reporting Language (XBRL) India. He is also the Director on the Board of the Indian Institute of Insolvency Professionals of ICAI (IIIPI).

Continuing to advance the role of the Institute of Chartered Accountants of India as a partner in the nation’s development, while serving as President ICAI, CA. Ranjeet Kumar Agarwal is supporting the Government and Regulators as a Member of the Government Accounting Standards Advisory Board (GASAB) and Audit Advisory Board both formed by the C&AG of India, Insurance Advisory Committee and Board of Insurance Regulatory and Government Authority of India (IRDAI) and SEBI’s Primary Market Advisory Committee.

  1. Ranjeet Kumar Agarwal has been passionately representing India and the profession on international forums at several global meetings and conferences, striving to position India as a Global Accounting Hub. Currently, he is the Technical Advisor to the ICAI’s Nominee on the IFAC Board, and International Panel on Accountancy Education (IPAE) Group of IFAC, besides being a Board member of SAFA (South Asian Federation of Accountants). Also, he represents ICAI on the Integrated Reporting and Connectivity Council (IRCC) and Board meetings of the Pan African Federation of Accountants (PAFA) and ASEAN Federation of Accountants (AFA).
  2. Ranjeet Kumar Agarwal,a graduate from Calcutta University, has attained exceptional heights through his remarkable actions. He now strides forward, assuming the charge of President ofICAI, adorned with his accomplishments and propelled by the vision of manifesting the aspirations encapsulated in India@2047. In this pursuit, he endeavors to further elevate India’s stature on the global stage, envisaging its ascent to becoming an eminent economy, thereby illuminating the world with its brilliance. 

Profile:

  1. Charanjot Singh Nanda, Vice-President, ICAI(2024-25)
  2. Charanjot Singh Nanda, FCA, NewDelhi has been elected as Vice-President, The Institute of Chartered Accountants of India (ICAI), the apex body of the profession of Chartered Accountants in India for the year 2024-25.Academically brilliant, he passed B. Com from M.L.N. College in 1987 and was placed in Kurukshetra University Merit List during all three years. He was also a rank holder in CA Inter Examination and completed his Chartered Accountancy in 1991.

A Fellow Member of ICAI with more than three decades of standing, CA. Charanjot Singh Nandawas elected to the Central Council of ICAI for the first time in 2004 for three consecutive terms and thereafter in 2019.

As Central Council Member of ICAI, he had been the Chairman of the following Committees of the Institute of Chartered Accountants of India.

  • Internal Audit Standards Board
  • Committee on Management Accounting
  • Committee on Internal Audit
  • Committee for Members in Industry
  • Women Members Empowerment Committee
  • Committee for Co-operatives & NPO Sectors
  • Committee on Banking, Insurance and Pensions
  • Committee on Financial Markets & Investors Protection
  • Continuing Professional Education Committee
  • Public Relations Committee
  • Research Committee

He was also the Chairman of Northern India Regional Council of ICAI for the year 2002-2003.

Being the Central Council member of the ICAI, he has represented the Institute as:

  • Member of Quality Review Board, set up by The Government of India.
  • Member of SEBI Advisory Committee on Primary Market (2007-2010) & Committee on Mutual Funds (2007-2010) and represented ICAI on SEBI Committee on Disclosures and Accounting Standards (SCODA).
  • Member of Expert Committee of SEBI for facilitating ease of doing business and harmonization of the provisions of ICDR and LODR Regulations.
  • Convener of the Expert Group Constituted by the Ministry of Corporate Affairs, Government of India on Investor Protection.
  • Chairman, Committee on Information Technology of South Asian Federation of Accountants (SAFA)
  • Member of the Southern Asian Federation of Accountants (SAFA) on Committee on Professional Accountants in Business (PAIB) and Committee on Improvements in Transparency, Accountability & Governance.
  • Member, Associated Chambers of Commerce and Industry of India (ASSOCHAM) National Council on Capital Market

An avid writer and prolific speaker, he has addressed various programmes on matters of professional interest organized by the Institute, Regional Councils, Branches and the Study Circles.

Synology Outlines Six Cybersecurity Criteria for Corporate Compliance

Joanne Weng, Director of the International Business Department at Synology

In today’s digital age, information security is a critical issue that enterprises can no longer ignore. With the increasing number of ransomware attacks, the challenges of managing cross-border data flows, and geopolitical factors, businesses are faced with more and more challenges when it comes to data management and protection. These phenomena have also accelerated the creation of corresponding laws and regulations by governments and relevant organizations worldwide.

For instance, companies around the globe are establishing information security management systems and adopt appropriate technologies and measures. Many companies also need to obtain the ISO 27001 certification, which just last year added more control measures. Moreover, if businesses fail to meet regulatory requirements, they may face restrictions, penalties, or even exclusion from the supply chain in various industries. This makes compliance no longer an option but a necessity.

Since this is closely tied to a company’s reputation and relationships, Synology expects that information security compliance will become an increasingly important factor in corporate operations.

Lack of clear implementation methods in most regulations leads to confusion for businesses

When helping our clients plan their compliance strategy, we’ve found that a common struggle is the initial compliance implementation assessment. While the goal of protecting data is clear, most regulations only offer basic directions and require companies to demonstrate compliance without providing specific recommendations.

Here are some common examples of how compliance clauses are usually stated:

  1. Sarbanes-Oxley Act (SOX): A regulation that mainly regulates U.S. listed companies, requiring the protection of financial data and reports and the development of disaster recovery plans for sensitive information.
  2. Health Insurance Portability and Accountability Act (HIPAA): A U.S. regulation for the healthcare industry ensures patient medical data confidentiality, specifies how long patient data can be retained, and requires backup and disaster recovery plans for data protection.
  3. General Data Protection Regulation (GDPR): An E.U. regulation that requires companies to protect personal data, allows individuals to request data deletion, and requires backup plans to comply with individual rights.

When faced with numerous complex laws and regulations without clear guidance on how to implement them, it can be difficult for company compliance units to know where to start.

Start with ISO 27001 to meet many security standards at once

To address these challenges, Synology recommends starting with the implementation of the ISO 27001 system. ISO 27001 is an international standard that helps organizations establish Information Security Management Systems (ISMS). Since its security requirements overlap significantly with other standards, such as HIPAA and GDPR, it’s one a good way to address several compliance regulations at once.

The following diagram shows one example of ISO 27001’s similarities with other standards by highlighting the similarities with HIPAA.

This means that by meeting ISO 27001, most of the other information security requirements of other regulations can be met at the same time. Only specific industry requirements need to be fine-tuned or customized to ensure your organization’s compliance with relative standards.

Six audit checkpoints to meet data protection measures

Synology aims to make data protection compliance easy for organizations of all sizes. To achieve this, we have outlined the following six audit checkpoints. If an organization can answer “yes” to the following questions, it meets the basic data protection requirements for most regulations:

  1. Complete backups: Can data be efficiently and regularly backed up, ensuring restoration to specific versions?
  2. Backup verification: Are backup data truly secure, and are they proven to be recoverable?
  3. Data immutability: Do you have a copy of the data that cannot be tampered with or deleted at will?
  4. Restoration drills: Do you regularly simulate response strategies and procedures for unexpected events?
  5. Offsite secondary backups: Are backup data stored in different locations and media?
  6. Instant restorations: Can data be restored and services restarted within an acceptable time frame?

If it is not currently possible to achieve all of these points, don’t worry. By using a modern solution like Synology’s Active Backup Suite, these audit checkpoints can automatically be met. This backup suite helps IT personnel easily create a complete data protection strategy by deploying multi-version and multi-destination data backups. Not only does this help you meet the six major audit checkpoints, but there are no license fees, making it a cost-effective option to achieve compliance with information security regulations.

We’ve outlined how Synology products do this in the following table, where the regulation requirements for ISO 27001: Control 8.13 are used:

Deploy Active Backup Suite today to comply with data protection standards

Compliance with data protection laws is crucial for business operations, and failure to comply can have direct negative consequences. Take HIPAA for example: If healthcare institutions or related organizations fail to comply with HIPAA requirements, such as failing to protect patient medical information or failing to take the appropriate security measures, fines for each violation can reach up to $1.5 million USD. Not only that, but it can also severely damage a company’s reputation.

According to Synology’s survey, over 80% of companies are aware of data protection compliance laws but lack a comprehensive and adaptable data security solution. The Synology Active Backup Suite helps IT personnel turn ideas into actionable plans to ensure the security and recoverability of company data while fulfilling data protection compliance

Orion Innovation Named in Everest Group’s PEAK Matrix Assessments for 2023 for Data & Analytics Services

Orion Innovation Named in Everest Group’s PEAK Matrix Assessments for 2023 for Data & Analytics ServicesChennai February 13, 2024: Orion Innovation (“Orion”), a leading digital transformation and product development services firm, announced it was named in Everest Group’s prestigious PEAK Matrix® Assessment for 2023. Orion is recognized as a Major Contender in the Data and Analytics (D&A) Services for Mid-market Enterprises PEAK Matrix® 2023.

The Data and Analytics (D&A) Services recognition is a testament to Orion’s strong history of delivering comprehensive and broad D&A solutions. In the report, Everest Group highlights Orion’s extensive D&A capabilities, including its expertise in data management and engineering, business intelligence and visualization, and advanced analytics and AI/ML. It also highlights Orion’s global footprint, which offers a balanced mix of onshore, nearshore, and offshore resources.

“Being recognized as a Major Contender by Everest Group reflects our strong and growing capabilities in the data and analytics space,” said Rajul Rana, Orion’s Chief Technology Officer. “We work with our clients to deliver modern data platforms based on leading platforms like Microsoft Azure, AWS, Databricks, Snowflake, etc. This recognition motivates our team to continuously innovate and deliver exceptional value to our clients.”

“Orion Innovation’s client centricity and breadth and depth of its data and analytics portfolio has helped it establish itself as a reliable partner to its clients,” said Vishal Gupta, Vice President, Everest Group. “Another key differentiator for Orion Innovation is its focus on talent development and L&D investments for the latest technologies such as generative AI. Collectively, this has helped Orion Innovation emerge as a Major Contender in Everest Group’s Data & Analytics (D&A) Services for Mid-market Enterprises PEAK Matrix® Assessment 2023.”

The PEAK matrix provides an objective, data-driven assessment of service and technology providers based on their overall capability and market impact across different global service markets. The Everest Group uses a proprietary framework for assessing the relative market success and overall capability of tech and tech service providers based on performance, experiences, ability, and knowledge.

Super Mom Crown Season 4 honoured Women with Exceptional Qualities

Super Mom Crown Season 4 honoured Women with Exceptional Qualities13, February 2024: The fourth season of the prestigious Super Mom Crown 2024 event, presented by SoneriPahat and hosted at Vanamati Auditorium, celebrated the extraordinary accomplishments of women, showcasing their diverse talents and abilities. The event was graced by esteemed dignitaries Advocate PrayaniJaiswal, ReenaJaiswal, and Dr. Prakash Tata, who lent their support to the occasion.

With 24 spirited participants, the event was a testament to the empowerment of women from various backgrounds. A panel of esteemed examiners, including Sohail Sheikh, Dr. Rashmi Tirpude, Prajakta Burdkar, Nausheen Khan, Dr. Sonal Wankhede, and Anuritha Dholakia, diligently evaluated the performances.

In recognition of their outstanding contributions, Sohail Sheikh, PratimaBonde, and KetakiRaut were felicitated during the ceremony. The highly coveted title of Super Mom was awarded to the exemplary Doctor Ritu Chaudhary, with Swati ShringPawar of Chandrapur securing the first runner-up position.

The program also recognized the exceptional talents of Sonali Khobragade, Priyanka Rai of Pune, Poonam Ashtankar, and Doctor Kanchan Sakura of Bhandara, who clinched the second, third, fourth, and fifth runner-up positions, respectively.

Initiated by Rekha Bhongade, the director of Soneri Pahat, the Super Mom program aims to unleash the hidden potential of women, providing them with a platform to shine. The event was meticulously coordinated by Shital Nagarle Monalisa, with invaluable support from dedicated individuals including Sohail Sheikh, KalpanaParate, Manish Padole, Shilpa Meshram, Sarika Khadse, Reema Uike, Kavita Bobde, Ujwala Shahare, and Sapna Gaikwad.

Ice Make Refrigeration Limited Reports 23.50% Growth in Q3FY24 Revenue, Reaching Rs 82.52 Crore

Moneyboxx Finance maintains strong momentum of profitability in 9M FY24

Hyderabad, 13 February 2024: Ice Make Refrigeration Limited (NSE: ICEMAKE), a leading provider of innovative cooling solutions and a prominent manufacturer of over 50 refrigeration equipment in India, announced a significant 23.50% increase in its consolidated revenue for Q3FY24, reaching Rs 82.52 crore compared to Rs 66.81 crore in the same period last fiscal year. Standalone revenue also saw a substantial rise, increasing by 28% to Rs 81.75 crore.

However, despite the impressive revenue growth, the company witnessed a decline in quarterly consolidated net profit for Q3FY24, primarily due to change in sales mix; some big project and low margin vertical contribution in top line are substantial in Q3FY24, which stood at Rs 2.01 crore compared to Rs 4.43 crore in the corresponding period of the previous fiscal year. Standalone profit for the quarter was reported at Rs 2.21 crore compared to Rs 4.45 crore in FY23.

Consolidated Financial Performance: 9MFY24

During the first nine months of fiscal 2024, Ice Make achieved robust growth with total income reaching Rs 238.86 crore, marking a 20% year-on-year increase from Rs 199.04 crore in the same period of fiscal 2023.

Efficient cost management strategies resulted in an EBITDA of Rs 20.46 crore during the first nine months of fiscal 2024. However, raw material consumed as a percentage of revenue slightly increased to 74.03% compared to 68.79% in the corresponding quarter last year.

Despite increased costs, Ice Make maintained strong profitability with an EBITDA margin of 8.57% during the first nine months of fiscal 2024. The company posted net profit of Rs 11.87 crore in the same period, compared to Rs 12.17 crore in FY23.

Management Comments

Mr. Chandrakant Patel, the CMD of Ice Make Refrigeration Limited, stated, “The company has achieved impressive growth in our topline, driven by the strong performance of the domestic economy and consumption. We continue to capitalize on this growth momentum with timely launches of innovative products and capacity expansions.  Stable raw material prices and increased overall demand for cold room, ammonia, transport, industrial, and commercial refrigeration verticals have contributed significantly to our growth this quarter.

This quarter, there has been a shift in our business product mix, notably marked by the expansion of our ammonia-based project ventures. While this expansion presents growth opportunities, it’s important to note that these projects typically yield lower margins compared to our flagship products such as cold room and commercial refrigeration units. Moreover, with the uptick in our ammonia-based projects, there’s been a corresponding rise in installation costs, which are now reflected in our other expenses.

With a robust demand for cooling and cold chain storage solutions, both domestically and internationally, Ice Make is well-positioned to seize these opportunities. We remain optimistic about ending this fiscal year on a strong note.” he said

 

 

Finolex Cables Ltd Q3 Results

Hyderabad/Pune, February 13, 2024: Finolex Cables Ltd., (FCL) at the meeting of its Board of Directors held today approved results for the third quarter of the financial year 2023-24.

Revenues for the quarter ended December 2023 were Rs. 1221.7 Cr as against Rs.1150.3 Cr for the corresponding period in year 2022-23, representing a 6% growth in value terms. Volumes of Electrical Cables segment improved by 8% – with visible improvement in construction activity, it is expected that volumes will improve in the coming quarters. Within Communication Cables segment, volume of Optic Fiber Cable decreased – the tender for the Govt sponsored Bharatnet project has been delayed and is now expected to be floated toward end Feb24 with possible decisions two to three months post tender floatation; further procurement by private telecom operators has also been slow as they seem to be concentrating on operationalizing the initial phase of their 5G rollouts as well delay in procurement process. Volume growth in new products within the Appliance/FMEG (except Fans) sector was higher than 20%, but pricing was under pressure.

Revenues for the nine-month period ended December 2023 were Rs.3613.4 Cr as against Rs.3256.8 Cr for the corresponding period of 2022-23, representing an 11% growth in value terms. In volume terms, Electrical Cable segment improved by 14%, while within Communication Cables segment, volume of metal-based products improved by 4% while Optic Fiber Cable volumes were lower than previous year due to reasons mentioned above.

Profit for the quarter, before taxes, was Rs. 166.9 Cr, as compared to Rs.163.0 Cr in the previous year. Profit, before taxes, for the nine months ended December 2023 was Rs.556.7 Cr as against Rs.472.5 Cr in the corresponding period of 2022-23, higher by 18%.

The Capex program announced earlier is progressing well- the first of the E-Beam equipment is expected by end Feb 24 and is expected to be operational by April 24. As regards the Preform project, factory construction is expected to be completed by April/May 24 after which equipment installation will take place – as earlier advised, equipment is expected to be operationalized in Q3/04 of 2024-25.

Aster Medcity Performs Kerala’s First Harmony Valve Implantation on the youngest ever patient in India

Aster Medcity Performs Kerala’s First Harmony Valve Implantation on the youngest ever patient in India

From Left to right- Dr. Edwin Francis-Director &Senior Consultant, Aster Medcity- Kochi and Dr. Shabana Shahanavaz, Pediatric Cardiologist, Director- Cardiac Catheterization Laboratory, The Heart Institute and Associate Professor- UC Department of Pediatrics.

Kochi,  13February,2024: Aster Medcity performs Kerala’s first Transcatheter implantation of Harmony Valve in a 16-year-old. The young boy hailing from Kottayam is a plus one student and had already undergone surgery in infancy for a condition called Tetralogy of Fallot (TOF). Tetralogy of Fallot is a birth defect that results in a blue baby syndrome due to the mixing of pure and impure blood in the heart.

The primary surgery is a lifesaving procedure but leaves behind a leak in a Valve known as pulmonary regurgitation which eventually causes the right-sided chambers to dilate affecting its function. This is a bane faced by many GUCH (grown-up congenital heart disease) patients after correction of TOF.

Most GUCH patients may have reached significant level of right ventricular dilatation which may be a deterrent to transcatheter valve placement especially due to the valve designs that are currently available in India. The new Harmony Valve is specially made for such difficult cases and helps avoid the risks associated with open-heart surgery for valve placement. It is only a single-day procedure after which patient can go home and can do all routine activities.

The Valve was specially imported from the United States for the treatment of his condition, marking a significant milestone in medical innovation of the state. A special team from the US along with Dr Edwin Francis-Director &Senior Consultant, Aster Medcity -Kochi was behind the success of the procedure.

“Until recently, valve replacement surgeries were the primary option available in such difficult cases. But since he was a high-risk case with dilated heart, this minimally invasive technique offered a safer alternative. This will instil hope for many Grown Up and adult patients previously deemed unsuitable for transcatheter treatment,” said Dr. Edwin Francis- Director &Senior Consultant, Aster Medcity -Kochi.

Rents spike 17.4 Percent YoY, Gurugram leads with 31.3 Percent YoY surge: Magicbricks Rent

New Delhi, February 13, 2024: Magicbricks, India’s leading real estate platform, released its flagship Rental Update (October- December 2023), revealing a robust 17.4% YoY surge in rents across 13 major Indian cities with Gurugram (31.3% YoY), Greater Noida (30.4% YoY) and Bengaluru (23.1% YoY) taking a lead. The report also sighted that rents increased 1.6% QoQ, following an increase of 4.6% QoQ between July and September 2023.

Based on the preference of over 2 crore customers on Magicbricks platform, the report further observed that the rental demand increased modestly by 1.6% YoY. Greater Noida (6.9% YoY), Ahmedabad (6.6% YoY) and Chennai (4.1% YoY) observed the highest growth in rental demand. Concurrently, rental supply reduced considerably by 16.9% YoY with outliers like Noida (19.6% YoY), Hyderabad (3.2% YoY) and Greater Noida (2.7% YoY) demonstrating an increase in rental supply.

Explaining the dynamics, Abhishek Bhadra, Head of Research, Magicbricks, elaborated, “In 2023, the economic expansion, thriving job markets, rising disposable incomes, and a migration influx to Tier 1 cities increased rental demand substantially. Simultaneously, rental supply reduced, possibly as interest rates surpassed rental yields, deterring investors and property owners to participate in the rental housing market”

He further added “Between October and December 2023, we have observed a cyclical dip in the rental demand. However, we anticipate a rebound in the short to medium term, underscoring the dynamism of the rental market.”

The report concluded that millennials (age 18-34) constituted 67% of rental demand and 2 BHK units dominated the market, commanding 41% of the rental demand in these cities.

Other findings of the report

  • 64% of tenants were males
  • 76.7% of the demand and 66.8% of the total supply lies within the range of Rs 10,000 to Rs 30,000 per month, making it the most preferred range in the Indian rental market.

Avert Junk Edibles From Wedging Your Oral Well-being

Avert Junk Edibles From Wedging Your Oral Well-being by Dr. Karishma Jaradi, Head Dental Surgeon at Dentzz Dental

It is rightly said, ‘You are what you eat’, and this is especially true when it comes to your teeth. Binging on junk edibles is your health’s worst enemy and overloading will just take a toll on your health but also can take bite out of your teeth. The edibles you eat and drink definitely have a powerful impact on your oral condition. Diets that are high on acids, contaminants, and toxins produced by bacterial intake, thrive on your enamels giving a clean entry for tooth decay. Your teeth, mouth, and gums are far more than just tools for eating. These play a vital role in helping you chew and swallow. The mouth being an initial point of contact, all the nutrients consumed are going to reflect on your dental condition. So, all that goes in your mouth impacts not only your overall health but also affects your oral state. In fact, more intake of foods poor in nutrition often has the tendency to show its adverse impacts in your mouth.

Junk foods harm the teeth in the most detrimental way, a major cause for decay of tooth and breakdown of tooth enamel. The major culprits here are sugar-based foods and toxic and non-nutritional junk foods. Throughout the day grazing over high sugary foods might make you fall prey to the sugar trap. Sugars contribute to providing bacteria that produce acids that get accumulated in your enamels, and will slowly progress towards disintegrating and waning your tooth enamels. Starches found in foods like breads, grains, cereals, and salad dressings contain added sugar which can accelerate your tooth decay process.

If you feel you are still unsure and unaware of how toxic foods adversely impact your happy teeth, it’s important you understand that it’s not only sugar which is the main reason causing damage but rather it is the chain of events that follow after you have fallen game to your sweet tooth. Toxic food ingestion can almost hijack your oral health. Due to the continuous tug-of-war that takes place in a mouth, you might often pay no heed to your constant warnings about the hazardous waves of toxic intake. Our mouth is often considered to be a powerhouse of bacteria that are both beneficial and harmful to the oral environment. Excess of toxic intake triggers the damaging bacteria to produce enamel devastating acids. These further make way for cavities and bacterial infections which when untreated can cause a hole in your enamels. These cavities have the ability to go way past the enamel, entering the deepest tooth layers causing discomfort and most likely a tooth loss. Being cautious and limiting your toxic intake is very essential if you wish to give your mouth a fighting chance to repair the mutilation.

Aerated drinks, caned and diet drinks filled with ample sugar and flavour-enhancing organic acid content greatly target your teeth. These sugar-loaded toxins contain acids like citric and phosphoric which can lead to tooth erosion. Health and sports drinks also contain a burst of toxins, artificial flavours, and are full of sugar. The acids present in them tend to stick between teeth causing toothaches and problems. Caramels, candies, lollipops, and gooey delights are the worst when it comes to oral hygiene. These stick stubbornly to the tooth surface. In case these are consumed make sure they are in your mouth only for a brief time. Dried foods like raisins and apricots are no less than caramels since they cling to your enamels. Due to drying up of water, these feature highly concentrated sugar levels. The non-soluble cellulose fiber present in them can trap sugars around the tooth worsening your condition. Starchy foods like potato chips, french fries, and pasta are a big no. Although not sweet in taste, the starch present in them converts to sugar. These easily lodge between tooth crevices.

If you wish to bathe your pearly whites in minerals, along with toxic cut-down, it’s recommended you also stimulate the flow of your saliva. Foods that counteract the acids and deliver ample of minerals and vitamins are your mouth’s best companion. Ways that help enhance and fuel up your salivation are chewing sugar-free gums and reloading your diet with fibrous fruits and vegetables. Consuming dairy products rich in calcium like cheese and yogurt helps fortify your teeth and is better than munching on sugary, starchy, and greasy treats. An efficient way to overpower harmful toxins is by consumption of green and organic teas. This will surely help maintain a healthy balance in your mouth. Along with providing your enamels with nutritious edibles, regular flossing and brushing (at least two times a day) are a must to enhance enamel health.

Tooth-damaging offenders are all around the corner, the end result being faded enamel, diminished tooth whiteness, cracking of crowns, and aging of mouth before time. So, if you aspire for a pleasant smile all through your life, bid adieu to the worst invaders from gate-crashing your teeth.