Archives April 2024

TREVOC, a leading name in Gurugram’s luxury real estate landscape, has marked yet another significant milestone in its journey toward redefining opulent living. The brand, known for its visionary approach and decades-long industrial heritage, proudly unveiled Bollywood power couple Saif Ali Khan and Kareena Kapoor Khan as its esteemed brand ambassadors.

By roping in Saif Ali Khan and Kareena Kapoor Khan, recognized as epitomes of legacy and luxury in the Indian film industry, TREVOC aims to strengthen its position as the go-to choice for those seeking unparalleled sophistication and comfort in their homes. The strategic collaboration underscores TREVOC’s commitment to offering innovative designs, state-of-the-art amenities, and sustainable living solutions, thereby reshaping the landscape of luxury real estate.

Mr. Gurpal Singh Chawla, Managing Director, TREVOC, expressed his enthusiasm about this collaboration, stating, “We are thrilled to welcome Saif Ali Khan and Kareena Kapoor Khan to the TREVOC family. Their iconic status and shared values resonate deeply with our brand ethos of blending legacy with luxury. With their association, we aim to elevate the living experience and continue our legacy of excellence in the real estate domain.”

Mr. Sehaj Chawla, Managing Director, TREVOC, shared his delight, stating, “TREVOC has envisioned to curate one-of-its-kind projects that not only offer comfort but are ideal of luxury. Collaborating with celebrities has not only stamped our vision towards luxury and legacy but has also helped us reach a broader section of society looking for luxury developments. Both the brand ambassadors are perfect examples of luxury and resonate with our Group’s vision.”

TREVOC, embodying the core values of ‘Imagine, Innovate, and Inspire,’ stands at the forefront of setting new benchmarks in the high-end residential infrastructure segment. With a legacy spanning over 75 years, the brand is committed to incorporating high-end amenities in its luxury projects to elevate the residents’ lifestyle. With a focus on key locations, including Golf Course Road, Southern Peripheral Road, and Dwarka Expressway, TREVOC remains committed to offering unparalleled quality and sophistication, setting new standards in the sector.

Ranchi, 8th April 2024: On this World Health Day, amidst global reflections on healthcare access and empowerment, Nand Ghar emerges as a shining example of transformative change. Nand Ghar, a flagship women and child welfare project under the Anil Agarwal Foundation, the social impact arm of Vedanta, is weaving a brighter future for countless citizens across India. This project consists of a network of modern Anganwadis that goes beyond traditional childcare, offering a comprehensive approach to well-being. By addressing early childhood education, nutrition, and health needs alongside skill development and economic empowerment of women, Project Nand Ghar empowers communities and fosters a healthier tomorrow.

At the heart of Nand Ghar’s mission lies a steadfast commitment to improve healthcare outcomes and increase its access for local communities across India through various interventions. One such instance of the project’s impactful healthcare interventions comes from Jharkhand, where Musri Devi, a senior citizen living inMadhunia village in Chas Panchayat, Bokarowas helped by Nand Ghar to overcome her health struggles. Musri Devi was leading a tough life with no support from her two married sons or the village community. She lived alone with her husband and depended on his irregular income as a daily wage laborer. Suffering from a blurry vision, she was struggling to carry out her daily chores as well.

She ignored the problem for the longest time since she assumed it to be a result of her old age. However, at a free eye check-up camp organized by the Nand Ghar in her village, Musri Devi received the attention she needed. She was diagnosed with cataracts and was offered the right guidance from a set of dedicated healthcare professionals associated with Nand Ghar. Musri Devi underwent a successful surgery, restoring her eyesight and rejuvenating her outlook on life.

The impact of Nand Ghar extends far beyond such individual success stories. Through the Project, AAF has positively impacted more than 2,20,000 children aged 0-6 years, in addition to 1,00,000pregnant and lactating women, a reach of around 58,00,000 community health program beneficiaries, and more than 1,70,000 women through its skilling program. The integrated healthcare model of Nand Ghar has resulted in building healthier communities. Each cluster of 25-30 Nand Ghars is equipped with Mobile Medical Units (MMUs) or a telemedicine kit or conducting regular health camps, staffed with doctors and paramedics, to provide essential primary healthcare services. These services not only offer immediate medical aid but also facilitate referrals for emergency or critical cases to the nearest Community Health Centre.

As AAF continues its journey towards empowering communities, transforming lives, and facilitating sustainable growth, Nand Ghar remains at the forefront, championing the cause of healthcare access among communities.

BENGALURU, India – 8th April 2024 Samsung, India’s largest consumer electronics brand, is gearing up to launch its new range of Artificial Intelligence-powered televisions on April 17, 2024.

The upcoming launch of AI televisions comes on the back of Samsung’s big AI-related announcements earlier this year. Samsung launched Galaxy AI for its smartphones with Galaxy S24 series in January, and Bespoke AI for its home appliances earlier this week.

Samsung’s Neo QLED 8K series, Neo QLED 4K series, and the OLED series are all likely to be powered by AI this year.

Samsung has also started taking early orders from consumers interested in buying its new range of AI TVs in India. Consumers can pre-order Samsung’s new AI TVs by paying INR 5000 on Samsung.com and the Samsung Shop app. Customers who pre-order Samsung’s new AI-powered TVs will be eligible for early access special offers on their purchase.

Consumers pre-ordering Neo QLED 8K Series (75 inches and above) can avail of benefits worth their purchase, while consumers pre-ordering Neo QLED 4K & OLED Series will get benefits worth their purchase.

Samsung’s new Neo QLED 8K TV delivers a premium viewing experience, personalized experiences, energy savings, and innovative features with ultra-immersive audio and powerful audio features.

New Delhi, April 6, 2024: Arya Samaj Vasant Vihar celebrated the 150th Arya Samaj Sthapna Diwas with fervor on Saturday at Arya Samaj Mandir Vasant Vihar.

This day commemorates the establishment of Arya Samaj in 1875 by Maharishi Dayanand Saraswati Ji. The celebration served as a vibrant reminder of the movement’s core principles and its lasting impact.

In the spirit of this milestone, Arya Samaj Vasant Vihar hosted a special event, Nootan Varsh Abhinandan Samaaroh, on Saturday, April 6, 2024 to further commemorate the 150th Arya Samaj Foundation Day, which is celebrated on April 9th every year

Mrs. Santosh Kapoor, President of Arya Samaj Vasant Vihar, emphasized the significance of the day. “Arya Samaj Foundation Day was a time to remember the vision of Swami Dayanand Saraswati Ji and recommit to the ideals enshrined in the Vedas,” she stated.

Speaking on the pious occassion Mr. Narinder Swaroop, the Vice President, echoed her sentiments, highlighting how Swami Dayanand’s teachings on social reform, education, and self-reliance continue to inspire them.

The other members Managing Committee of Arya Samaj Vasant Vihar played the perfect hosts. Smt Anju Puri, Smt Kusum Duggal, Smt Sunita Naiyyar, Dr. Sudhanshu Kansal, Smt Priya Suri , Smt Puja Kapoor, Shri Deepak Deewan and Shri Vinod Kumar Pandey , made the occasion even more memorable.

The event started with the havan and then followed by a cultural program by students of Mahatma Anand Swami Primary School and SBDAV School followed by Bhajans by Arya Samaj Vasant Vihar Bhajan Mandli.

Further they were talks on the Arya Samaj’s ongoing efforts to promote social upliftment.

Mr. Sumit Duggal, Secretary, highlighted their past initiatives in education and community service. “We were actively involved in providing educational opportunities for underprivileged children and supporting social welfare programs,” he said.

Mr. Yogi Suri, Treasurer, also outlined plans for future endeavors, including expanding their outreach programs and youth engagement initiatives.

Enriching the Celebration with Spiritual Discourse

Adding to the spiritual significance of the event, Dr. Pramod Yogarthi , Principal Brahm Mahavidlaya , Hissar, spoke on the relevance of the Arya Samaj in our lives right from its inception 150 years ago till today. His profound knowledge and engaging delivery resonated with the audience, offering a deeper understanding of the principles of the Samaj and their application in daily life.

The Arya Samaj Sthapna Diwas celebration concluded with a spirit of camaraderie and a renewed dedication to carrying forward the legacy of the organization.

Bengaluru, 06th April 2024: Bandhan Mutual Fund announces the launch of Bandhan Innovation Fund, an open-ended thematic fund dedicated to investing in companies at the forefront of innovative breakthroughs. The fund targets companies with substantial R&D investment, high skilled-employee costs, potentially higher margins or growth, unique products or services, non-linear business models, and a notable brand presence. The New Fund Offer (NFO) begins on Wednesday, April 10, 2024, and will conclude on Wednesday, April 24, 2024. Investments in the Bandhan Innovation Fund can be made through licensed mutual fund distributors, investment advisors, online platforms, and directly.

Vishal Kapoor, CEO of Bandhan AMC, while discussing the new offering, said, “Innovation has consistently driven companies forward, and today, India’s flourishing innovation landscape presents an exciting investment opportunity. We are observing ground-breaking transformations not only in technology but also in sectors like finance, auto, technology, healthcare, entertainment, retail, etc. With India’s climb in the global innovation rankings and swift advancements in fields like digital media, e-commerce, and electric vehicles, we stand at a crucial juncture. The Bandhan Innovation Fund is crafted to capitalize on these pivotal shifts, inviting investors to join in this wave of innovation-driven growth.”

The Bandhan Innovation Fund will allocate its investments across a spectrum of innovators: 35-45% to Leading Innovators with substantial industry R&D investments; 35-45% to Rising Innovators utilizing innovation for a competitive edge; and 10-15% to Emerging Innovators, those filling market gaps with disruptive products or services and showing a strong growth trajectory. The fund is ideal for investors with a long-term investment horizon and higher risk appetite, looking for diversification in their satellite portfolio and generating potential alpha.

Bengaluru: Puravankara Limited (BSE: 532891), one of India’s most trusted and admired real estate developers, recorded sales of Rs 5,914 crores in FY24, an increase of 90 per cent compared to Rs 3,107 crores in FY23. Customer collections increased by 60 per cent to Rs 3,609 crores for the FY, compared to Rs 2,258 crores in the previous fiscal.

For the quarter ended March 31, the company recorded a sales value of Rs 1,947 crores, up 93 per cent from Rs 1,007 crores for the same period last year.

Commenting on the company’s performance, Ashish Puravankara, Managing Director, Puravankara Ltd., said, “Puravankara Limited has achieved a significant milestone by surpassing Rs. 5,900 crore sales showcasing our customer-centric ethos and focus on quality.

We are also thrilled to announce our highest-ever collection of Rs 3,609 crores for FY24. This reflects our steadfast dedication to operations and delivery, ensuring significant construction progress. It is also a testimony to customers’ increasing trust in brand Puravankara.

With successful new launches and an optimistic outlook for upcoming projects, we are now focused on replenishing our inventory with new land acquisitions. We stay committed to building international quality products, keeping the customer at the centre of our strategy.”

Key Sales Highlights

• Achieved highest-ever annual sales value of Rs 5,914 crores in FY24; up by 90 per cent when compared to Rs 3,107 crores in FY23.

• Achieved highest-ever quarterly sales value of Rs 1,947 crore for Q4FY24; up by 93 per cent when compared to Rs 1,007 crores in Q4FY23.

• Achieved highest-ever annual customer collections from the real estate business, which increased to Rs 3,609 crores in FY24 compared to Rs 2,258 crores in FY23, up by 60 per cent y-o-y.

• Average price realisation increased by 2 per cent to Rs 7,916/sft during FY24 from Rs 7,768/sft in FY23. This is attributed to an inventory mix between Purva, Provident Housing and Purva Land brands.

New project launches in FY24: 

 Quarterly Performance Summary (Q4FY24): 

Y-o-Y 

 Sales include economic interest attributable to Landowners under revenue share arrangement, which was 0.16 msft during Q4FY24 and 0.06 msft during Q4FY23. 

Yearly Performance Summary FY24:

 Sales include economic interest attributable to Landowners under revenue share arrangement, which was 0.53 msft during FY24 and 0.25 msft during FY23. 

Outlook

India, the world’s fastest-growing major economy, continues to exhibit remarkable resilience. The

GDP growth rate during 2023-24 is estimated at 7.6 per cent compared to the growth rate of 7 per cent in 2022-23. As per a NARDECO report, India’s real estate sector is projected to grow at a CAGR of 18.7 per cent from 2020 to 2030. The trajectory, moving from a market size of USD 180 billion in 2020 to a projected USD 1 trillion by 2030, is fuelled by a growing economy, thereby increasing incomes and moving more and more Indians into higher social strata.

The RBI Monetary Policy Committee has decided to keep the policy repo rate unchanged at 6.50 per cent, as it has done for all of FY 23-24 and persevered with the stance of withdrawal of accommodation. The FY24 inflation forecast remains steady at 5.4%, reflecting an optimistic economic outlook.

Puravankara Limited remains poised to capitalise on these opportunities. As we navigate the evolving landscape, we commit to delivering value, innovation, and excellence to our customers and stakeholders.

Mumbai/Bangalore, 6th April 2024: The International Institute of Information Technology, Bangalore (IIIT-B) has expanded its academic portfolio to launch an Executive Post-Graduate Certificate program in Cloud and DevOps, powered by upGrad, one of Asia’s largest integrated learning, skilling and workforce development majors. This innovative online program marks a significant milestone, positioning itself as the first of its kind to offer in-depth coverage of Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP) services, including concepts tested in AWS and Azure exams.

According to industry reports, over 50% of enterprises are projected to adopt industry Cloud platforms by 2028 to expedite their business endeavours, highlighting Cloud’s evolution from technology disruption to business indispensability. However, over 19% of recruiters are struggling to find experienced DevOps professionals. It is also interesting to note, that organisations practising DevOps, as per reports deploy code 46 times more frequently and have a 96% higher success rate when compared to traditional development methods.

The program provides a thorough introduction to various cloud platforms, placing a significant focus on DevOps principles and advanced concepts like DevSecOps and SynOps. During each module, learners will be able to deploy web applications and undergo extensive hands-on training, preparing them for roles that require deploying and managing web applications in cloud environments.

Commenting on the launch, Prof Debabrata Das, Director, IIIT Bangalore said, “DevOps serves as a distinct approach to enterprise software development, emphasizing the necessity of cooperation, automation, and communication between software developers and IT operations teams. IIIT-B with its expertise in cloud development and DevOps has developed this comprehensive programme to meet future demands, thereby enabling the nation to build skills and expertise in this very important technical area.”

Through more than 50 live training sessions, learners will develop core DevOps skills such as continuous integration/continuous delivery (CI/CD), containerization (Docker, Kubernetes), and infrastructure as code (IaC). They will also learn to design scalable microservices architectures, implement robust monitoring and logging, and utilize AI tools for code analysis, security enhancement, and process automation. Moreover, they will have the opportunity to receive additional hands-on training in preparation for the AWS Academy Cloud Foundations, Azure Fundamentals, and AZ-104 certification exams, making it a comprehensive learning experience.

“The launch of this program is a direct response to the surging demand for DevOps and Cloud computing that we’ve been observing. In the last one year, we’ve seen nearly 1.4 lakh learners sign up for our free Tech & Data courses, and hence, this program with IIIT-B will strike the right chord with tech and even non-tech enthusiasts. Our partnership with the university dates back to 2016, and with several in-demand online courses in Data, Software, and AI/ML, we’ve been able to command a strong position within the skilling and learning ecosystem,” added Mayank Kumar, Co-founder & MD, upGrad. “Today, because of the macroeconomic circumstances, professionals are scrutinising their investments/spends, seeking skills that ensure both immediate market value and long-term relevance. Hence, this program represents hands-on tools and domain fundamentals to enhance employability. It has been built carefully for freshers in tech and non-tech enthusiasts who want to embark on their Cloud and DevOps journey,” concluded Kumar while talking about the origin and idea behind the new launch.

The skilling major is inviting enrolments for the program that is set to commence its first cohort on 30th June 2024.

New Delhi, 06th March 2024:  Sweets are forever companion of Indian Festivals. Indeed, any celebration is complete with a little something to satisfy the sweet tooth, even when you are fasting. As the seasons change and the air fills with excitement for the joyous festival of Navratri, Khoya Mithai, the maker of luxurious traditional Mithais, is all set to amaze with a unique selection that pays tribute to the divine nine forms of Maa Durga.

Navratri, a festival celebrated in various seasons, holds a special place in the hearts of devotees. The magnificence of Navratri will be celebrated from 9th April to 17th April. The Chaitra Navratri, marking the arrival of spring, and the Sharad Navratri, heralding the arrival of autumn, are particularly significant. This year, Khoya Mithai carries the spirit of both celebrations with a meticulously crafted selection that represents the happiness of these spiritual days.

As we step into the blossoming season, Khoya presents the Walnut Kheer. It is a delicious blend that combines the richness of walnuts with the classic comfort of Kheer. Every spoonful is tasteful, filled with velvety textures and satisfying crunch, a true celebration of the season’s vibrancy. It is priced at INR 1,500 for a Box of 12.

In the cool cover of autumn, Sabudana Kheer takes center stage. A creamy delight for fasting occasions, Sabudana Kheer is a thick Indian pudding made with tapioca pearls, milk, sugar, and cardamom. Providing energy instantly, it is a perfect choice for religious fastings, believed to reduce body heat and balance temperatures. It is priced at INR 1350 for a Box of 15.

The journey through the festivities is complete with the inclusion of royal Misri Mawa, a Rajasthani dessert that promises a swirl of flavors. It is made with love, sugar, cardamom powder, pistachios, almonds, and ghee, and this creamy Mithai will leave you craving for more.

Sid Mathur, the Founder and Director of Khoya Mithai, shares his excitement, “Navratri is a time to celebrate the divine feminine energy, and our collection aims to bring that joy to your palate. Each sweet is a tribute to the rich culture that Navratri includes, and we invite everyone to join us in this delicious celebration.”

Experience the luxury of Khoya’s Navratri Collection & order online  for a celebration that takes you through the nostalgic ride of Navratri season. Also, welcome Navratri with Khoya Mithai, where tradition meets enjoyment and forms divine sweetness.

Bengaluru, 6th April 2024: altGraaf, an alternative fixed-income platform offering fixed-income products, today announced a milestone achievement of 3300+ crores of investments from more than 1,85,000 registered investors, crediting their success to their valuable customers, partners and clients.

The 3300+ crore investments represent a 153% volume growth and 146% growth in new user addition in FY24.

Through its intense focus on innovative products, good risk-adjusted returns, strong due diligence process, easy-to-use digital platform, and customer focus, the FinTech platform has processed 2700+ Crores in Repayment so far and provides investors with opportunities that were previously limited only to high-net-worth individuals.

AI Growth is the parent company of altGraaf brand, founded in September 2021 with the vision of democratizing the fixed-income investment space in India. altGraaf offers investors curated fixed-income investments including unlisted high-yield bonds, Invoice Discounting, Asset Leasing, and Venture Debt/Revenue-based financing.

Commenting on the company’s incredible growth journey, Mr. Jayaprakash K, Chief Growth Officer of AI Growth Pvt Ltd (parent company of altGraaf), said: “In an external environment where high inflation and interest rates continue to dampen the effective yields on traditional fixed income instruments, altGraaf is helping Indian investors discover alternative investment opportunities. Our strong tech-enabled platform, customer-first mentality, and stringent credit risk framework will continue to drive our growth as we focus on achieving new milestones in FY25. We remain grateful for their trust through our journey and continue to bring high-quality opportunities to the platform.”

All opportunities undergo due diligence and credit evaluation process before being brought on to the platform. The process does not end post-onboarding of a client and continues with asset monitoring until the maturity of an investment. This meticulous investment approach has helped the company maintain Gross Non-Performing Assets less than 0.50%, with more than 2,700 crores worth of investment repayments being completed on time.

The platform aims to help investors build a diverse fixed-income investment portfolio by participating in opportunities across tenures, risks, yields, products, and sectors. This enables the customers to avoid market volatility, have a stable yield portfolio, and have well-planned cashflows. The opportunities sourced span various sectors including manufacturing, fashion, chemicals, e-commerce, real estate, NBFC, food, agriculture, microfinance, solar, supply chain, and even fintech space. Opportunities on the platform range from 30 days to 3 years, annual yields 10% – 18%, and risk between very low to very high.

Customers can easily invest, monitor, and track all their investments via their website or through a convenient mobile app that is available both in Android and apple stores.

Backed by leading VC funds like Accel and Harmony Partners as well as marquee investors and reputed family offices, the experienced team at Bengaluru-based altGraaf is focussed over the next year in terms of expanding their product offerings, building on their digital & technology capabilities and expanding accessibility of their curated offerings to more customers.

New Delhi, 06th April 2024: Sony India has announced the release of a firmware update for the Sony INZONE Buds (Model: WF-G700N), enhancing the functionality and user experience of these premium wireless earbuds.

Firmware Update Version 02.000.002

The latest firmware update, version 02.000.002, brings significant benefits and improvements to the Sony INZONE Buds. Notably, this update introduces support for the “Sony | Headphones Connect” app, allowing users to further customize their listening experience and access advanced features for connecting with LE Audio compatible smartphones.

Key Highlights:

• Compatibility with Sony | Headphones Connect App¹²: With the firmware update, users can now seamlessly integrate their INZONE Buds with the Sony | Headphones Connect app, unlocking a range of personalized settings and audio enhancements.
• Optimized Performance: The update ensures optimized performance and stability of the INZONE Buds, providing users with a smoother and more reliable listening experience.
• System Requirements and Preparation:
• System Requirements: Users will need a Windows computer (Windows 10 or later) with an active internet connection to install the firmware update.
• Preparation: Before initiating the update process, users are advised to check the current firmware version through the INZONE Hub application and ensure that the headphones have at least 50% battery power.

Step-by-Step Guide for Firmware Update of Sony INZONE Buds

• Launch the INZONE Hub application on your Windows computer.
• Connect your Sony INZONE Buds to the INZONE Hub application.
• Click on “Device Settings.”
• Confirm the current firmware version displayed on the screen.
• Make sure your Sony INZONE Buds have at least 50% battery during the update process. If connected to a laptop, ensure it is plugged into a power source.
• Ensure that your Windows computer has an active and stable internet connection throughout the update process.
• Plug the USB transceiver into your computer, which will be used for transferring the update data to the headphones.

*1 The “Sony | Headphones Connect” app is only supported during LE Audio connection. It is not supported with conventional Bluetooth connections (Classic Audio connection).

*2 Headset unit updates will continue only to be performed on “INZONE Hub”. 

Update Process:

• If you haven’t launched the INZONE Hub application before, you may need to go through the Privacy Policy confirmation and Privacy Settings screens.
• Ensure the INZONE Hub application is up-to-date. If not, update it by clicking on the gear icon in the lower left corner and selecting “Update.”
• Once the INZONE Hub application is launched, check if an update is applicable. A red circle will appear in the Device settings if an update is available.
• Navigate to the “System Software Information” screen and select “Device Settings.”
• Press the “Update” button. A confirmation screen for executing the update will appear.
• Review the update details on the confirmation screen.
• Click the “Update Now” button to start the update process. Once initiated, the headphones will not be available for use until the update is complete.
• A “System Software Update” screen will appear, indicating that the update is in progress. Please wait patiently for the update to complete. This may take approximately 20 minutes.
• After the update is finished, a completion message will appear. Press “OK” to acknowledge.
• Check the firmware version again through the INZONE Hub application by following the steps mentioned in the “Check Firmware Version” section of the preparation phase.
• Ensure that both the headset and USB transceiver firmware versions are indicated as 02.000.002, confirming the successful update.
• Test the functionality of your Sony INZONE Buds to ensure they are working as expected after the update.
• If any issues arise, refer to the troubleshooting section of the documentation or contact Sony customer support for assistance.

Important Notices:

• Avoid Interrupting Update: Users are advised not to perform any operations that may interrupt the update process, as this could lead to potential issues with the headphones.
• Wi-Fi Signal and Battery Power: It’s recommended to perform the update in an area with a consistent Wi-Fi signal and ensure sufficient battery power to prevent any interruptions during the update.
• Post-Update Verification: After the update is complete, users should verify the successful installation of the new firmware version by checking the firmware version through the INZONE Hub application.

 Availability

The firmware update (version 02.000.002) for the Sony INZONE Buds is now available for download through the INZONE Hub application. For further assistance or inquiries regarding the firmware update process, users can refer to the official documentation or contact Sony customer support.