Category business

February 24, 2023: Hippo Stores, India’s first One Stop Solution for all construction and building material needs, launched its third store in Zirakpur at Dhillon Plaza. Spread across more than 40,000 sq. feet, the store offers 12,000+ products from 160+ brands for homeowners, contractors, and retailers at wholesale prices. The store is the third of 27 such outlets planned across the country in the next five years.

For the inauguration of its third store, Hippo Stores chose Zirakpur as its location. The Chandigarh tri-city (Chandigarh, Panchkula, Mohali) is witnessing significant growth in residential construction and Zirakpur is an ideal location to address the same. At the new site, Hippo Stores will offer the entire range of building products needed for home construction from steel, cement, paints, hardware, bathrooms, kitchens, tiles, etc. With the launch of this store, Hippo Stores envisions enhancing customer experience by allowing them to compare multiple brands, designs, and varieties all under one roof, which is the first of its kind. In contrast to the unorganized building material market, the outlet offers all its products at transparent and wholesale pricing. It also provides assurance of genuine products sourced directly from leading brands, along with advice from in-store product experts.

Talking about the launch, Hippo Stores MD, Amit Garg said, “After the successful launch of our stores in Delhi NCR, we are ready to set our footsteps in Punjab in Zirakpur. In India, there have never been stores that offer building materials of different varieties at one location. When you make your house, you face tremendous challenges – where to buy so many different products, what is genuine, what is the right price, and who to seek advice from – we are trying to solve all of that. Since our inception, the stores in Delhi NCR have received a tremendous response from the market and customers, clearly indicating that the customers are looking for a one-stop solution for all building materials. We aim to make home building easy for our customers.”

The unique elements of the new store in Zirakpur will have multiple mockup modular kitchens to see the best utilization of space for kitchens and seven mockup bathrooms. The first of its kind, Hippo’s color lab, and tinting rooms are also available with tinting machines from leading brands to see any color and shade that a customer desires.

Hippo Stores at Zirakpur is set to become the perfect one-stop solution for ready-to-experience with so many unique options such as design rooms wherein customers can feel the application of paint, wallpapers as well as other visual display units such as tech-based screens along with physical units for those who wish to renovate and customise their dream home.

Rajasthan, Udaipur 25th February 2023: After a hugely successful launch, the second edition of News18 Network’s L’Aspiration Summit, a unique event that decodes changing lifestyles, aspirations, and luxury in today’s context, will be organized in the royal city of lakes – Udaipur. The summit will be held on 27th February at the city’s famed Fateh Prakash Palace.

The aspirational young population of the country has now altered and redefined how luxury is perceived and consumed. To explore this ever-evolving space, the L’Aspiration Summit will feature insightful discussions on all trends shaping and influencing the rarefied world of luxe. The discussions at the summit will be wide-ranging including consumption trends, new markets & customers, the impact of technology on luxury as well as trends that are specific to India.

The glittering evening will see a galaxy of high-profile members of royal families as well as highly acclaimed personalities from the world of glitz and glamour – Maharaj Vikram Singh (Jaisalmer); Maharaj Daiwat Singh (Sirohi); Maharaj Ijyaraj Singh (Kota); Shri Pushpraj Singh (Rewa); Mohina Singh (Rewa); Mudrika Dhoka (Director – Chandra Group); Manya Singh (Former Miss India); Shipra Khanna (Master Chef).

Sharing his thoughts on L’Aspiration Summit, Karan Abhishek Singh, CEO of Hindi News, Network18 said, “We at News18 Network are extremely pleased to organize the second edition of L’Aspiration Summit and that too in a state that is synonymous with royalty and regal living, Rajasthan. The launch edition of this property in Chandigarh was a huge success and was very well-received across all sections of our viewers. We are confident about building further on that success with an event in Udaipur that will be bigger in both scale and stature.”

Catch this must-watch telecast of an evening of all things luxury only on News18 Rajasthan at 5.00 pm on the 27th of February.

Mumbai, 25 February 2023: “EVs will become mainstream but when they will become that is unpredictable. Cost of the acquisition is one of the important factors impeding EV adoption in India, Maruti Suzuki India Limited Senior Executive Officer (Marketing & Sales), Shashank Srivastava said here today.

Speaking at the second edition of ABP’s Ideas of India Summit, he said, “If a normal car is 100 then EV is 160 due to the high cost of batteries. Maruti Suzuki is trying to bring down battery costs. Also, we will have six EVs in different segments by 2030. Our estimate is this market which is 1% today will be around 3% in 2024-25, and will be about 17% in 2030 which is about out of 6 million cars, 1 million will be EVs in 2030.”

Srivastava further added, “I think the attitude of trying to be better and that’s also something we have learnt from the Japanese system of Kaizen, which is you have to improve continuously and competition in one way helps that Kaizen and the desire to improve continuously and that is why we welcome the competition. One of the biggest strengths Suzuki has is its market share and we are looking forward to strengthening our SUV space.”

Speaking on the growth and market demand, Srivastava said, “Maruti is 60% by volume for the overall Suzuki Motor Corporation, it’s a great achievement of India. It shows the upswing in the Indian economy. Our demography is very young. In consumption terms, We expect car consumption in India will continue to increase. Our projections show almost 6 million by 2030 from current 3.8 million in 2022”

The ABP Network’s “Ideas of India” Summit 2023 was discussing the topic of “Brand India-Ready for the World.” The summit has brought together policymakers, cultural ambassadors, industry experts, celebrities, and business leaders to discuss the critical role of India during the global churn and changing dynamics. ABP Network is a leading multi-language channel reaching 535 million individuals in India therefore this summit provides one of the biggest platforms for the brightest minds across various sectors to express their views.

Mumbai, February 25, 2023: DIGISOL, a leading provider of Made in India IT Networking Products and Solutions officially announces its two most in-demand Wi-Fi 6 11ax access points for SMBs and large enterprises. Presenting, the Digisol DG-WM840AX Ceiling-mount and DG-WM640WI In-wall Access Point with controllers. The APs feature the latest in high-speed and long-range 11ax technologies and support high-performance chipsets for MU-MIMO, Wave2.0, OFDMA, and Seamless Roaming to obtain blazing speeds of up to 1.8Gbps.

Most devices, be it your smartphone, tablet, or laptop, support the latest Wi-Fi 6 or 802.11ax standard and offer speeds that can go beyond what a standard 1Gbps physical Ethernet (LAN) cable can support. Hence, it’s time to upgrade your IT infrastructure to a new wireless network that can replace your physical Ethernet connections with great ease. Replace those old dual-band AC (Wi-Fi 5) routers and access points with Digisol’s DG-WM840AX or DG-WM640WI and get your IT backbone future-proof with blazing data throughput speeds of up to 1800Mbps — instantly switch to 8K streaming and AR/VR applications over Wi-Fi.

Talking about the launch Samir Kamat, Sales Head-Active Products Digisol said “With the increasing number of smart devices and the growing demand for high-bandwidth applications, Wi-Fi 6 access points have become essential for businesses and homes alike. To fulfill the growing demands of SOHO, SMBs & SMEs, we have launched Digisol DG-WM840AX and DG-WM640WI Wi-Fi 6 access points with lightning-fast speeds of up to 1.8Gbps and high-density access environments support, which is definitely going to enhance data networking experience.”

These Digisol APs are equipped with DL/UL-OFDMA modulation that can upload or download multiple packets at the same time. It uses the 1024-QAM modulation, which is more efficient than the older 802.11ac modulation, by which the throughput of single spatial traffic is increased by a whopping 25%. Additionally, it has a narrower sub-carrier spacing and longer symbol time with improved stability and data processing efficiency which is crucial for high-density access environments such as large office spaces, malls, and alike. Each access point works on dual-band 5GHz and 2.4GHz to support a broad range of new and older devices too.

The Digisol Wi-Fi 6 APs can also group the connected devices into different TWT cycles, increase sleep time, reduce the device competing after wake-up, and save the device power. This makes Wi-Fi 6 one of the most power-efficient networks that help battery-operated devices such as laptops, tablets, and handhelds save on power which uses the network only when data is being transmitted. And lastly, it also features improved anti-interference with support for BSS color bit and dynamic CCA-SD (Clear Channel Assessment Signal Detection) threshold and power adjustment. This effectively alleviates the channel interference in multi-users scenarios, and improves the utilization of spectrum resources — a great option for areas and spaces where numerous devices are connected to the AP, especially in IoT-based environments. There’s also support for multiple SSIDs (x8), Guest SSIDs, Hidden SSIDs, VLAN, and a lot more.

Moreover, the Digisol DG-WM840AX Ceiling-mounted and DG-WM640WI In-wall Access Points are highly compatible (and recommended) with Digisol’s DG-WU2001, DG-WU2003, DG-WU2004 & DG-WU2008 Wireless Access Controllers. These are mid-sized enterprise gateways based on CAPWAP protocol with 4 x Gigabit WAN ports, and support load balancing, Ethernet backup, VLAN management, and firewall that are used for quick and easy (local and remote) GUI-based WAP control, configuration, and management.

Digisol DG-WM840AX — 11ax 1800Mbps Ceiling Wireless Access Point:

This is an 11ax Wi-Fi 6 Standard access point powered by a Qualcomm Enterprise Quad-Core IPQ6000 CPU for a highly stable performance along with 4 built-in 3dBi dual-band MIMO antennas. It features 20% increased high-speed data forwarding, improved Anti-Interference by up to 33%, decreased latency by up to 36.8%, and higher efficiency with CPU utilization at less than 20% with multiple device access. Connectivity support includes 1 x LAN and 1 x WAN/POE 1GBps port with an optional 12VDC 1.5A Power adapter socket.

Digisol DG-WM640WI — 11ax 1800Mbps In-Wall/Wall-mounted Wireless Access Point:

This access point is great for indoor use, especially in homes, offices, factories, hotels, and many such areas where both Wi-Fi and Ethernet connections are required for endpoints. The WM640WI is powered with multiple Ethernet ports and support for MU-MIMO, Wave2.0, OFDMA, and Seamless Roaming. It features combined Wi-Fi speeds of up to 1800Mbps over two radios — 2.4GHz (600Mbps 11ax 2×2) + 5GHz (1200Mbps 2×2) with MU-MIMO and DL/UL-OFDMA modulation and equipped with 4 x Gigabit LAN/WAN ports.

Both the Digisol DG-WM840AX Ceiling-mounted and DG-WM640WI In-wall Access Points support 1024QAM, long OFDM symbol, 160M bandwidth, and 11ax 2×2 MIMO technology for wireless data rates of up to 1.8Gbps, to meet the demands of high-speed applications such as VR/ AR, 4K, or 8K streaming media. Up to 64 simultaneous users can connect on each band (128 total on 2.4G and 5G bands) and the AP can be easily configured, accessed, and managed via Wireless Access Controllers.

Availability

For more information about product availability visit the company’s official website www.digisol.com

Chandigarh, 25th February 2023: Omaxe Ltd., one of India’s leading real estate developers has launched luxury independent floors namely Gardenia in New Chandigarh. Located in a self-sustainable and ecology-oriented township built by Omaxe in New Chandigarh, Gardenia offers an exclusive retreat in nature, away from the bustle of the city.

Beautifully designed as a boutique home, Gardenia is spread across 11 acres and will have 332 units in the configuration of 3 BHK + store, 3 BHK + servant room, 3 BHK + store + servant room, and a penthouse. The company plans to invest 200 crores in the construction of the project which is expected to be delivered by 2027.

Mrs. Kamal Rekhi – President (Sales & Marketing), Chandigarh, Omaxe said, “Considering the evolving lifestyle of modern homebuyers, we have brought Gardenia Boutique homes here. The luxury independent floors are designed mindfully with intriguing detailing and specifications offering a perfect mix of affluent living close to nature. We hope that it will emerge as a most sought-after residential hub in New Chandigarh for aspirational buyers looking to buy a luxury home.”

Gardenia beautifully captures the essence of modern living with the blend of nature. Offering an affluent lifestyle best suited for today’s new-age homebuyers, Gardenia boasts a perfect amalgamation of smart features in an organic lifestyle. Surrounded by unique flora and fauna, the high-end amenities in the project create a perfect combination of an elevated lifestyle in the lap of nature.

With seventy percent green surroundings, the project offers independent floors with double-height ceilings. Five-star gated parking with a private porch exclusive for each floor offers uncluttered spaces not only outside but inside homes offering a seamless experience to residents. The gazebo of the terrace garden connected with a private staircase amplifies the green quotient of the project and lets residents connect with nature. Besides, the organic food farms in the vicinity further offer healthy living.

The project has an exclusive club Aura located within the township. A unique and modern club offers an ultra-luxurious bar, a spacious banquet hall and upscale restaurant, a soothing pool, a revitalizing squash court, and an elevating coffee shop.

Omaxe holds a dominating presence in New Chandigarh with a 1000-acre eco township that sits in front of the picturesque Shivalik hills. Strategically located, the green township is a twenty-minute drive from the international airport and is also close to the proposed 384-acre education city and 258-acre mendicity. The township already has 4000+ families residing in it and continues to expand with more residents coming in.

Mumbai: India’s homegrown Paytm Payments Bank is currently the only platform to exclusively offer UPI LITE payments, which enables faster real-time transactions with a single tap on the Paytm app. Paytm UPI LITE will never fail even during peak transaction hours, even when banks have success rate issues.

Paytm UPI LITE aims to make digital payments more accessible to people across the country. UPI LITE, enabled by National Payments Corporation of India (NPCI), aids users to carry out multiple small-value UPI transactions without using a PIN.

Using Paytm UPI LITE, users can carry out quick and seamless transactions of value up to Rs 200 at a time at a lightning fast speed. It provides superfast, convenient and hassle-free transaction experience as users don’t have to enter a PIN everytime they make a payment. Moreover, users can transfer UPI balance back to the same bank account anytime, without any charges.

With this, only one money transfer entry is made in the user’s bank account, which declutters bank statements as customers will daily receive an SMS from the bank containing a history of all UPI LITE transactions made during the previous day.

To drive adoption, the company is offering ₹100 cashback to users for activating UPI LITE and adding ₹1000 as balance.

Paytm Payments Bank Spokesperson said, “As pioneers of QR and mobile payments, we have taken UPI to every nook and corner of the country. We are proud to launch UPI LITE as a step forward in our commitment to payments that are scalable and never fail. With Paytm UPI, payments never fail, transactions are superfast and you don’t see clutter in your bank statement.”

Currently, 9 banks support Paytm UPI LITE — Canara Bank, Central Bank of India, HDFC Bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank, State Bank of India, Union Bank of India, and Utkarsh Small Finance Bank.

Paytm Payments Bank is a leader in UPI Peer to Merchant (P2M) payments as the largest acquiring and beneficiary bank as well as a leading remitter bank.

New Delhi 25th February 2023: Tourism & Survey Award 2022 ceremony was organized on Thursday, 24th February 2023 in Hotel Oberoi, New Delhi. On this occasion, the Department of Tourism, Rajasthan gets “Best Emerging Destination – Most Scenic Road Award 2022” for Udaipur to Jodhpur. Honourable Shri Arjun Ram Meghawal, Union Culture and Parliamentary Affairs Minister, presented this award to State’s Principal Secretory Tourism, Government of Rajasthan, Ms. Gayatri Rathore. RTDC, Chairman, Shri Dharmendra Rathore was also present on this occasion.

On this occasion, RTDC, Chairman, Shri Dharmendra Rathore said in his address, “It is far-reaching results have been to seen the complete status of industry to tourism in Rajasthan. All the units related to the tourism sector in Rajasthan benefited by the State Tourism Policy, and all are working together to promote tourism”.

After receiving the award for Udaipur to Jodhpur, Principal Secretary Tourism, Government of Rajasthan, Ms. Gayatri Rathore said that “Rajasthan receiving India Today’s Tourism & Survey Award-22 shows that Rajasthan has immense potential in tourism. The Department of Tourism is engaged to identifying new emerging destinations for development in tourism in the state. Most Scenic Award for Udaipur to Jodhpur road shows that Rajasthan is in the heart of domestic and foreign tourists”.

What is special in Udaipur to Jodhpur trip:

The reason why the state has been given “Best Emerging Destination – Most Scenic Road Award 2022” for Udaipur to Jodhpur, under editor’s choice reflects the love of millions of readers who feel immersed in the colourful culture of Rajasthan.

While travelling Udaipur to Jodhpur road, tourists can look at the forts and citadels on the Aravalli hills, and while moving forward, they will find sandy banks and plain land. Entering in the arid region of the state after coming out of the green valleys makes tourists very excited. The profundity of animal and human relationship can be felt during the journey on this road. Kair, Sangri, Babool trees also can be seen during this journey. At the same time, the Khejari tree also reminds of the sacrifice of Amrita Devi. Villagers wearing red and colourful turbans and walking on camels, with their home and unbreakable relationship of Bishnoi community with black bucks can be felt during this journey.

During this journey, the ancient Luni river area of the state also can be seen, which makes the tourists realized that, rivers also of water used to flow even in the desert. Five major tourist destinations, Haldighati, Kumbhalgarh Fort, Delvada Jain Temple, Ranakpur Jain Temple and Shri Om Banna Mandir, attract lot of tourists.

Kolkata, 25th February, 2023:Emami Art, one of India’s leading contemporary art galleries, presents Soliloquy, a solo exhibition of noted Indian artist Indrapramit Roy. The show, which consists of over fifty watercolours and prints, will open on February 24, 2023, on Gallery’s fifth floor, and is on view through April 15, 2023.

Done in 2020 during the covid-19 –induced lockdowns, the works – a solitary conversation of the artist with himself – bear the marks of the time. Locked at home and separated from the outside world, the lockdown phases offered the artist a space for introspection, contemplation, and inspiration for creating new kinds of work. Soliloquy is a unique body of work in Indrapramit Roy’s entire artistic oeuvre.

The exhibition has three watercolour series– quarantine diary, quarantine drawings and cacti – and large independent watercolours and prints. They show how remarkably ordinary objects and phenomena like rippling water, clouds, unfinished building construction and cacti turn into extraordinary, powerful visual images, revealing evocative and poetic use of the medium. Instead of painting ideas, Indrapramit Roy depicts what is visible and present before us. But, unlike realistic paintings, his work aims to capture psychological and spatial transient moments. For this, he finds watercolour more suitable than other mediums. Many of the pieces emerged from his daily habit of drawing and reading.

Text used in the painting is often used as the works’ titles. But they do not signify the content. They instead run parallel to the visual image creating third meanings or texts. Therefore, the image-text dialogue is one crucial aspect of the works in the exhibition.

“The works in Soliloquy were mostly done or at least started during a time when the whole world was in the throes of a cataclysmic contagion. A time that forced me to contemplate the human condition in the relative safety and isolation of my studio. The bombardment of terrible news punctuated with laughable political shenanigans, the steady stream of information mixed with disinformation created a peculiar mental state that veered from anxiety to panic and swung between clarity and clutter alternatively.

I cannot paint ideas but only what is ‘paintable’. Perhaps, that is one of the reasons why text plays such an important role in this body of work – creating a third text when seen together with the visuals. There are 54 watercolours belonging to three different suits of different sizes and two prints in this exhibition. The show has traveled from Baroda to Delhi and now at  Emami Art Kolkata in its third and final iteration. I am very excited to show my most recent works in the city of my birth after a hiatus of six years.” Indrapramit Roy, Artist

“I am delighted that we are presenting renowned contemporary artist Indrapramit Roy’s solo exhibition, which consists of over fifty watercolours and prints done chiefly during the pandemic in 2020. The works, the artist’s solitary conversation with himself, bear the marks of the hard times, revealing a sense of silence, solitude and keen observation of water, cacti and twilight scenes of the city limits. What attracted me is the intense gaze that transforms what is ordinary into something extraordinary and the evocative use of the watercolour medium. I hope the city’s art lovers will enjoy the exhibition.” Richa Agarwal, CEO Emami Art.

Mumbai, February 25, 2023: India Ratings and Research (Ind-Ra) has rated UGRO Capital Limited’s bank

loans ‘IND A’/Stable. This rating reflects UGRO Capital’s diverse product offering for MSMEs, as well as its geographic and sectoral diversification, strong analytics and usage of data science, adequate capital buffering, and diversified borrowing profile.

UGRO Capital has invested in technology infrastructure, data analytics, human resources, and systems and processes in order to expand the franchisee in the short to medium term. The company has an experienced management team with lending and technology expertise and employs a hybrid of physical and digital frameworks for sourcing, underwriting, disbursements, and collections. On the underwriting side, UGRO Capital uses a data science-based credit decisioning model which underwrites loan proposals using bureau data, banking data and GST data.

Mr. Shachindra Nath, Vice Chairman and Managing Director of UGRO Capital said, “At UGRO Capital, we have already assisted over 38,000 MSMEs and disbursed over INR 10,500 crores. This rating reaffirms the strength of the organization and its leadership along with its financial and operational excellence. This is an important step in our journey to become a leader in the MSME lending space, and it demonstrates our commitment to building a strong institution.”

UGRO Capital is a DataTech NBFC and pioneer of LaaS in India. It continued its growth momentum in the third quarter of FY23 and crossed INR 5,000 Cr AUM market. UGRO Capital’s AUM stood at INR 5,095 Cr (as on Dec’22), up 97% compared to Dec’21. The company’s Total Income for Q3’23 stood at INR 189.6 Cr (up 123% YoY and 22% QoQ) and INR 466.6 Cr for 9M’23 (up 134% compared to 9M’FY22).

UGRO Capital has effectively leveraged the co-lending partnerships with off-book AUM at 35%, up from 29% as of September 2022. It has achieved its FY23 guidance of 35% off book AUM mix a quarter in advance. UGRO Capital has collaborated with ten co-lending partners, over 65 lenders, 25 fintech, and 1,000 GRO partners to provide data-backed customized credit solutions to a large number of borrowers in the

Mumbai, 25 February 2023: “The arrival of OTT is not a demise of Bollywood, if we see the content on OTT platforms, it is similar to Bollywood. So, the content should be on the right platform and address the target audience. The consumer is on OTT platforms as it can be adjusted as per their comfort” Indian film actor, Ayushmann Khurrana said here today.

He added, “When you are unconventional, you don’t have an option and you need to do something different with your character and the movie you choose. My father always supported me and pushed me to take these tough decisions. I can’t leave my staple genre, I am living until I am taking risks and that has always been my USP.”

Speaking at the second edition of the “Ideas of India” Summit, actress Sara Ali Khan said, “Truth is important for me while taking up any stories but I want to take up a variety of films. I don’t care what people say about my personal beliefs and trolling me on social media but yes if my fans don’t like the work that affects me. ”

The ABP Network’s “Ideas of India” Summit 2023 was discussing the topic of “Mr. Original Changing Bollywood, One Film at a Time” & Representing the New Gen, Movies, and Stardom in the age of Social Media. The summit has brought together policymakers, cultural ambassadors, industry experts, celebrities, and business leaders to discuss the critical role of India during the global churn and changing dynamics. ABP Network is a leading multi-language channel reaching 535 million individuals in India therefore this summit provides one of the biggest platforms for the brightest minds across various sectors to express their views.