Category news

Bangalore, 7^th March 2024: Bangalore’s residential market sustains impressive growth in Q4 2023, recording 17730 transactions amounting to Rs 14,436 crores, as per Square Yards Data Intelligence for property registered by Inspector General of Registration (IGR), Karnataka.

Bangalore-based Prestige Group reigned supreme in terms of units registered in this quarter, with 276 units, followed by Sobha Group at 218 transactions. In terms of sale value, L&T Realty emerged as a top contender, collecting Rs 1004 crores from the proceeds. Phoenix Mills claimed the second spot, capitalizing on the burgeoning demand for mid-segment and luxury homes, with Rs 307 crores worth of sales. Godrej Properties, Embassy Group, and Birla Estates were other developers who had a great run in the October-December quarter.

“Bangalore’s residential market has been on song throughout 2023, with the demand mostly driven by millennials and young professionals. Rising disposable incomes, necessity for homeownership and the prudence of investing early, have led the young guns to dominate the real estate market. Besides, Bangalore’s thriving IT hub coupled with a vibrant cosmopolitan culture, beautiful weather, well-established metro network and profitable investment choices with both capital growth and rental income, has pulled homebuyers to this destination,” said Sopan Gupta, Co-Founder and Sales Director, Square Yards Bangalore.

L&T dominated the top projects category by sale value with its L&T Raintree Boulevard project amassing Rs 1019 Crores, whereas Birla Estates led in terms of transactions, with 207 units registered. Phoenix Mills also stood out in terms of volume in this quarter, making the most of the surge in housing demand.

Bangalore’s start-up boom and expanding economy has reshaped the city’s real estate market into a highly competitive market with a diverse range of options for potential buyers. South Bangalore with its strong social infrastructure, IT hubs like Koramangala and strong connectivity via Sarjapur road and Kanakpura Road, recorded the highest transactions at 5866. North Bangalore took the lead in terms of sale value with Rs 4564 crores worth of property sold. While both these micro-markets share similar investment potential due to their employment opportunities and superb livability index, the recent IT/ITes boom and SEZ development have propelled North Bangalore to the forefront of the investment race. The last quarter of 2023 also saw notable success in East and Central Bangalore. Krishnarajapura, JP Nagar, Whitefield, Electronic City, Sahakara Nagar emerged as top choices for prospective buyers in Bangalore.

If we look at the ticket size comparisons, there is a clear inclination towards the affordable segment properties below Rs 50 lakhs, comprising 48% of the transactions. This trend aligns with the increase in property prices in Bangalore to the tune of 5% annually. Properties valued at Rs 50 lakhs to 1 crore witnessed a slight Q-o-Q uptick in Q4 at 34%, underscoring the preference towards mid-segment homes with state-of-the-art amenities. Further, luxury and ultra-luxury segment also increased from 15% in Q3 to 18% in Q4, indicating an increasing shift towards high-end properties. The demand for spacious homes was evident in this quarter where 1000-1500 sq ft homes dominating the transactions, closely followed by 1500-3000 sq ft.

Undeniably, in the past two years, Bengaluru’s real estate landscape has undergone substantial advancement. Fueled by key growth factors such as the robust presence of IT/tech hubs, a thriving modern housing sector, and top-notch infrastructure, the city’s realty segment is poised for significant expansion. In the days ahead, it will be fascinating to observe how the city strategically navigates further to capitalize on the multiple opportunities available for homebuyers across various segments

National, 7th March 2024: Kushal’s Fashion Jewellery, a leading brand in Fashion & Silver Jewellery, unveiled its much-awaited Annual March Sale, commencing on 1 st of March . This year’s campaign is centered on a robust consumer insight: Harnessing the aspiration to embody one’s finest self. The campaign promotes embracing ones’ best self through jewellery that elevates confidence and enhances every look.

 This annual event isn’t just about discounts; it encourages women to be imbued with glamour and sophistication on every occasion, anchored by a mesmerizing film that follows the journey of a modern working woman on her daily commute. As she navigates through life’s everyday moments, she’s captivated by the transformative power of Kushal’s signature jewellery pieces.

 From vibrant coloured beads to bold zircons and a chic, elegant range of 92.5 sterling silver designs, each creation reflects Kushal’s unwavering commitment to quality and innovation, offering something for every style and occasion. The collection boasts a diverse range, from dazzling statement necklaces to delicate earrings and elegant bracelets, catering to every style, occasion, and woman’s taste.

 Expressing his thoughts on the campaign, Ankit Gulechha, Director of Marketing at Kushal’s Fashion Jewellery, said, “We believe that every moment is an opportunity to shine, and our jewellery serves as a catalyst for self-expression and confidence. As we extend our warm greetings to all women and invite them to celebrate Women’s Day with us, we reaffirm our commitment to providing exceptional experiences for our existing and new customers. Our Annual March Sale isn’t just about attracting new shoppers; it’s about strengthening our bond with existing patrons, ensuring they continue feeling valued and empowered with every purchase.”

BENGALURU, India – March 7, 2024 – Dell Technologies and CrowdStrike announced an expanded strategic partnership to deliver Dell’s Managed Detection and Response (MDR) services with the industry-leading AI-native CrowdStrike Falcon XDR platform, helping customers defend against increasingly complex cyberattacks.

According to the 2024 CrowdStrike Global Threat Report, cyberattacks are faster, more sophisticated and stealthier than ever. At the same time, organizations are forced to do more with less as the cybersecurity skills gap grows. To protect against modern threats, customers need a holistic, intuitive managed security solution that reduces complexity and serves as a force multiplier for existing security and IT teams. The powerful combination of Dell’s global security operations experts and proactive threat hunting capabilities with the industry-leading Falcon platform delivers the security customers need cross multi-cloud and multi-vendor environments.

“Working with industry leaders like CrowdStrike is critical to delivering choice and flexibility to customers in a very fragmented and complex security landscape,” said Mihir Maniar, VP of infrastructure, edge and security services portfolio, Dell Technologies. “Customers need scalable, outcome-based security solutions to stay ahead of increasingly sophisticated threats. The combination of MDR and the CrowdStrike platform empowers customers to exponentially reduce threat exposures, detect and respond to incidents, and recover applications and systems.”

“The Falcon platform has quickly become the market’s cybersecurity platform of record. By expanding our strategic alliance with Dell to power their MDR services, we’re gaining access to more customers to bring them industry leading protection,” said Daniel Bernard, chief business officer, CrowdStrike. “Together with Dell, we see a significant opportunity to give all customers – from large enterprises, to mid-market organizations and SMBs – the best security outcomes: stopping the breach, consolidating point products and driving down costs.”

Dell Managed Detection and Response is now available for global customers with the CrowdStrike Falcon XDR Platform as a direct solution and through channel partners.

Step into a transcendent culinary journey at Novotel Hyderabad Airport, located at GMR Aerocity, Hyderabad as it proudly presents Zaika-e-Hazratganj—a captivating experience of Lucknow’s legendary culinary heritage.

From the fragrant Awadhi Dum Biryani to the succulent Galouti Kebabs, every dish whisper tales of Lucknowi culinary mastery, spanning centuries of tradition. Indulge your senses with heavenly delights like Shahi Tukda and Gulkand Gulab Jamun, ensuring a sweet conclusion to your gastronomic escapade.

Explore the live food counters where skilled chefs orchestrate signature delicacies before your eyes, adding an interactive flourish to your dining experience. Join us at the Zaika-e-Hazratganj Food Promotion for an unforgettable exploration of Lucknow’s flavours, where the charm of Nawabi hospitality awaits to enchant you.

Where: Food Exchange, Novotel Hyderabad Airport, Hyderabad

When: 02nd March 2024 – 30th March 2024 (Every Saturday)

Time: 07.00 PM to 11.00 PM

New Delhi, Mumbai, Bengaluru, Pune, March 7, 2024 — Roadzen , a global leader in AI-led insurance and mobility products, is excited to announce the appointment of Bruce Goldberg as General Counsel. With over three decades of executive experience overseeing legal, compliance, M&A, and HR in several public technology companies, Bruce brings a wealth of knowledge and a proven track record of success in scaling legal operations.

His leadership will play an integral role in steering Roadzen through future opportunities, ensuring that the company’s legal strategies support its growth and innovation. His appointment is part of our continued effort to strengthen the leadership team and build core operational capabilities for future growth.

Speaking on his new role, Bruce Goldberg said, “Roadzen’s commitment to innovation and excellence in insurance technology presents an exciting challenge and a significant opportunity. I am excited to join Roadzen at this pivotal moment and look forward to working with the entire team to pave the way for the insurance industry’s transformation using AI.”

Rohan Malhotra, CEO of Roadzen, commented that “Bruce brings decades of experience operating as a senior executive in public companies, having served as CEO, Chief of Staff and Chief Legal Officer. His expertise in building legal operations will be of great value and we look forward to the impact he will have at Roadzen.”

Prior to joining Roadzen, Bruce served as the Vice President, Chief of Staff and Chief Legal Officer at SMART Global Holdings, Inc., where he played a vital role in managing legal, compliance and human resources for the company’s global operations. Before SMART Global, he held various executive roles with All American Semiconductor, Inc., culminating in his eventual tenure as President and CEO.

Bruce holds a Juris Doctor from the University of Miami’s School of Law and a Bachelor of Business Administration in Finance from the University of Miami.

Mumbai, 07 March 2024 – Amazon miniTV, Amazon’s free video streaming service, today unveiled the trailer for the highly anticipated second season of its fan-favorite show, Badi Heroine Banti Hai. The enthralling new season showcases the rise of a small-town girl, Kajal Bakshi, with a complete role reversal as she takes over the fashion empire while dealing with internal and external conflicts through every step of her journey and going from being an intern to a CEO. Conceptualized and directed by Gul Khan, the series marks the return of the stellar star cast, including Prerna Lisa, Rajeev Siddhartha, Nehal Chudasama, and Utkarsh Kohli. Badi Heroine Banti Hai Season 2 will premiere exclusively on Amazon miniTV on 8th March.

The trailer gives a sneak peek into Kajal Bakshi’s entrepreneurial journey as she takes over the reins of VSD Fashion House. As the new CEO of the eminent fashion label, Kajal plans to launch her first designer collection amidst the love-hate saga with her former boss, Advait Singhania, who is willing to resort to extreme measures in order to take back his empire. In a surprising turn of events, Advait announces his engagement to Anastasia while struggling to come to terms with his feelings for Kajal. As some new twists and turns await them, what does the future look like for Advait and Kajal and for the company? This question forms the crux of the upcoming season of Badi Heroine Banti Hai.

Producer Gul Khan expressed, “We are super-elated to continue our ongoing association with Amazon miniTV and return with the second season of Badi Heroine Banti Hai. The love and recognition from audiences across India towards this series have been immensely gratifying. The upcoming season will definitely touch a chord with viewers as this rom-com saga undergoes a distinctive journey as the paths of Kajal and Advait collide in unexpected ways.”

Actor Rajeev Siddhartha added, “I am extremely humbled to have received a great response from the audiences for the first season. In the second season, my character experiences a major transformation, which widens his perspective on life. Gul Khan is a phenomenal director and working with her, alongside a great team, continues to be a one-of-a-kind experience. I am certain that fans across India will continue to resonate with the show as the story unfolds.”

New Delhi, March 7, 2024: TimesPoints, a unique digital loyalty program by Times Internet, has announced a partnership with Veera Browser, India’s first mobile-focused indigenous browser that rewards users for browsing the internet and provides a superior browsing experience. Under this collaboration, Veera Browser users will earn reward coins that can be redeemed against exclusive rewards, benefits, deals, and vouchers available from the extensive partner network of TimesPoints.

The collaboration between TimesPoints and Veera Browser is set to create a win-win situation for users, offering them both the advantages of a high-performance browser and the opportunity to earn rewards for their online activities. Backed by marquee and angel investors, Veera offers a unique suite of features focused on improving the mobile browsing experience. Superior browsing speed, class-leading ad blocker and a slew of localised content options to its users are some of its key differentiators.

Speaking on the collaboration, Arjun Ghose, CEO of Veera Browser India, said, “We are very excited about this partnership with Times Internet. As the first browser in India to launch a rewards program that prioritises giving back to our valued users, we are redefining the online experience. With Veera’s technology seamlessly integrated with TimesPoints’ dynamic rewards platform, we are unlocking unparalleled opportunities for users to explore, engage, and be rewarded like never before. Together, we are shaping the future of browsing and championing a culture of seamless connectivity and meaningful incentives that resonate with every user’s journey online.”

TimesPoints is the only gamification-based loyalty program by a media conglomerate that operates on a large scale and caters to the world’s largest news media and entertainment platforms, including TOI, NBT, Gaana, and others. Recognised for its user-friendly plug-and-play capabilities and an extensive catalogue of rewards, the platform has won numerous prestigious accolades and awards, including “Best Loyalty and Engagement Program of the Year” and “Best Use of Gamification” (for Gaana). “We are delighted to partner with Veera Browser to introduce a unique opportunity for users to experience a safer and faster browsing environment while also being rewarded for their online activities. TimesPoints has always strived to provide added value to our users, and this partnership represents a significant step in that direction,” said Ashish Jaiswal, CTO of Times Internet.

National, 7th March 2024: The Moms Co. Mompreneurs Show, Asia’s largest support platforms and hunt for top mom-led start-ups, has successfully announced its top three winners. Dr. Pooja Goswami, Founder of RAMJA Genosensor Pvt. Ltd., emerges as the deserving champion, while Jyoti Bharadwaj, Founder of TeaFit, and Sonali Saraogi Singh, Founder of Feed Smart, clinch the titles of first and second runners-up, respectively.

Amidst an overwhelming nationwide response, the show has served as a catalyst for countless mothers, providing them with motivation, mentorship, seed funding, and marketing grants essential for their entrepreneurial journey. With an impressive turnout of over 100,000 registrations, 15,000 talented individuals earned recognition, and 80 underwent comprehensive mentoring sessions with esteemed industry mentors – CEO and MD of Hindustan Times, Praveen Someshwar, Archana Khosla Burman from Vertices Partners, Startup India, FICCI FLO Mumbai and Aspire For Her. Radio partners HT Media’s 94.3 Radio One, Fever Entertainment have been covering the journeys of the finalists and winners on national radio. Community partners, Gurgaon Moms & D2C Insider have supported through digital amplification.

The selection process for The Mompreneurs Show has been a harmonious mix of democratic popular voting and rigorous virtual jury rounds. From this initial cohort of 80, the top 10 contenders emerged following rigorous evaluation by a distinguished panel of experts, advisory board and jury members including:
⦁ Naiyya Saggi, Group Co-founder, Good Glamm Group and CEO, The Good Community
⦁ Priyanka Gill, Venture Partner, Kalaari Capital & Group Co-founder, Good Glamm Group
⦁ Sukhleen Aneja, CEO, Good Brands Co., Good Glamm Group
⦁ Malika Sadani, Founder, The Moms Co.
⦁ Geetika Mehta, Managing Director, NIVEA India
⦁ Neeta Lulla, Founder, House of Neeta Lulla
⦁ Rashi Narang, Founder, Heads Up For Tails
⦁ Deepshikha Deshmukh, Co-Founder, Pooja Entertainment
⦁ Radhika Ghai, Founder and CEO, Kindlife.in
⦁ Neelu Khatri, Co-founder and SVP Operations Akasa Air
⦁ Dr. Garima Sahney, Co-Founder, Pristyn Care
⦁ Tejas Parulekar, Founder, SaffronStays
⦁ Sairee Chahal, Founder & Chairperson, Mahila Money
⦁ Dr. Geeta Manjunath, Founder, CEO and CTO, Niramai Healthcare
⦁ Abhilasha Negi, Co-Founder, SanKash
⦁ Taru Kapoor, Ex General Manager of Tinder & Match Group
⦁ Priti Rathi Gupta, Founder, Lxme
⦁ Diksha Nigam, Manager, Startup India
⦁ Ankita Vashishtha, Founder & Managing Partner, Arise StrongHer Ventures
⦁ Jeevika Tyagi, Co-Founder and CEO, Aastey

The jury played a pivotal role in shaping the competition’s trajectory through their expertise and guidance. As the competition advanced into the finals week, the top 10 contenders transitioned to the top 5, ultimately leading to the crowning of the ultimate winner and runners-up.

Notably, the show garnered widespread support from influential figures such as Actor Neha Dhupia, Faye D’Souza, Suhasini Sampath, among others, underscoring the significance and impact on empowering women entrepreneurs across the nation.

Naiyya Saggi, Group Co-founder, Good Glamm Group and CEO, Good Community shared, “When we started the journey of The Mompreneurs Show, we did not anticipate the overwhelming response we would get. More than 1 lakh mompreneurs & top mom leaders and entrepreneurs have been part of creating Asia’s largest platform to support mompreneurs at scale. The Moms Co. Mompreneurs Show is a celebration of the incredible potential that lies within every mom in India, waiting to be unleashed. We are grateful to our partners for making this platform a reality. It has truly been a journey of inspiration, resilience, and determination. Here’s to celebrating our winners and ensuring access, awareness and aspiration for millions more to leverage the power of entrepreneurship in shaping our future. “

Sukhleen Aneja, CEO, Good Brands Co., Good Glamm Group said, “We are thrilled to announce the winners of The Moms Co Mompreneurs Show. Our brand mission ‘For Every Mom, Through Every Change’, is the driving force for us to support mom entrepreneurs at every stage of their journey. We champion mom-led businesses and their innovation, believing in the power of mothers who balance the joys of motherhood with the demands of entrepreneurship. With The Moms Co. Mompreneurs Show, we celebrate these remarkable women and stand proudly by them as they nurture their businesses. Congratulations to all the winners!”

Dr. Pooja Goswami, Founder of RAMJA Genosensor Pvt. Ltd., emerges as the winner of The Mompreneurs Show, securing a prestigious prize of 50 lakhs in cash and media grants. Her groundbreaking project focuses on developing the first Indian paper-based Genosensor device, revolutionizing bacterial infection and antibiotic resistance detection in just 90 minutes. Jyoti Bharadwaj, Founder of TeaFit, claims the title of the first runner-up, receiving a prize of 33 lakhs in cash and media grants. TeaFit is dedicated to offering clean, unsweetened beverages rooted in Indian ingredients and Ayurvedic recipes, combating the sugar menace prevalent in traditional beverage brands. Sonali Saraogi Singh, Founder of Feed Smart, is named the second runner-up, with a prize of 17 lakhs in cash and media grants. Feed Smart introduces groundbreaking products and solutions aimed at maximizing nutrition in every family’s diet, addressing critical challenges in the Indian diet with minimal effort.

National, 7th March 2024: In its bid to acknowledge the superiority of women, Spinny, a leading online platform for buying and selling used cars, has announced the launch of its month-long campaign “It’s a Woman’s World” on the occasion of International Women’s Day. As part of the initiative, Spinny calls it ‘Lady Luck’ offering exclusive discounts of up to Rs. 25,000 on car purchases made by women from March 5th to March 10th, 2024. This limited-time offer is a token of appreciation for women who love cars, a take that nudges many Indians to think of a woman as a car owner in the family.

In addition to the exclusive discounts, Spinny extends special benefits to its women customers from previous years. To express its gratitude for their continued support. Additionally, Spinny is sticking to the International Women’s Day theme for the month by adding a touch of personalization and catering to individual tastes.

Spinny celebrates its association with PV Sindhu, India’s olympian, star badminton player and a role model for Young India. This initiative not only celebrates women’s achievements but also acknowledges their contribution and commitment to making a difference.

Mr. Niraj Singh, CEO and Founder, Spinny, said, “ We believe ‘It’s a woman’s world and we are celebrating this with a special discount for women buyers. Over the last years, we’ve had an average of over 32% of women car buyers, and it’b be our consistent effort to keep growing this number.

Spinny has been at the forefront of revolutionizing the used car buying and selling experience, offering certified cars, hassle-free transactions, and exceptional customer service. With this new campaign, Spinny aims to reinforce its commitment to providing car enthusiasts, especially women, with a trusted and emotionally connected platform for a simple and delightful car buying and selling experience.

Mumbai, March 7, 2024: SAMCO Securities, a leading investment-tech company, introduces Options B.R.O., a groundbreaking solution designed to empower traders where they can build their own strategies, analyze & optimize them basis their requirement, leading to calculated decision making. This innovative offering addresses a concerning trend observed in derivative markets, where an overwhelming 97.8% of traders have incurred significant losses due to the absence of hedging strategies.

SAMCO known for building industry first features, continues its legacy by providing insights for strategic decision-making, enabling traders to consistently outperform the markets. Options B.R.O. empowers option traders with a comprehensive tool to craft personalized strategies from over 1000+ strategy combinations, analyze humanly impossible complex data effortlessly, and optimize based on individual needs. With Options B.R.O., traders can take calculative decisions, enhancing their options trading experience.

Options B.R.O. brings manifold benefits, allowing traders to focus solely on identifying stocks and their respective trends. Free from the complexities of calculating intricate option metrics such as probability, delta, and theta, traders can seamlessly evaluate each trade before execution. Additionally, SAMCO provides comprehensive strategy details, enabling traders to make holistic assessments and informed decisions, further enhancing their trading experience.

The nomenclature “Options B.R.O.– Build, Research, Optimize” encapsulates the core functionalities and objectives of the platform, aligning with its mission to empower traders with comprehensive tools for informed decision-making and strategic optimization.

•  Build: The term ‘Build’ signifies the platform’s capability to enable customers to construct their own tailored strategies.
•  Research: The inclusion of ‘Research’ highlights the platform’s commitment to facilitating thorough analysis and exploration of trading strategies.
•  Optimize: ‘Optimize’ underscores the platform’s emphasis on maximizing efficiency and effectiveness in trading activities.

Traders can delve into comprehensive data points, including Option Greeks, Implied Volatility (IV), Expected Value, etc. to inform their decisions. With a plethora of strategies catering to every risk appetite, traders can explore numerous combinations and filter options based on available funds or maximum acceptable loss per trade. The tool simplifies options trading by harnessing data-driven insights to generate bespoke strategies aligned with traders’ preferences.

Mr. Jimeet Modi, Founder, SAMCO Group, commented, “Options B.R.O. represents a significant advancement in our commitment to providing traders with the tools necessary for precise market navigation. The prevalence of losses emphasizes the importance of a solution like Options B.R.O., allowing traders to take calculated risks by analyzing complex data points. We are confident that Options B.R.O. enables traders to approach options trading with strategic foresight.”

Key Findings from the SAMCO research:

Hedging Strategies:
A mere 2.2% of traders utilized hedging strategies, while the majority (97.8%) traded options without protection.
Traders employing hedging strategies averaged a profit of INR 196,300, whereas those without incurred losses averaging INR 66,768.
Type of Option Traded:
Traders who exclusively bought options (long call and long put) experienced average losses.
Conversely, option sellers, on average, recorded profits, underscoring the importance of understanding option Greeks and implied volatility.
Strike Rate Analysis:
Traders exhibited a higher strike rate in futures trading compared to long options.
Despite often predicting market direction correctly, traders frequently lost money in long options due to limited understanding of option Greeks and implied volatility.
Database – Samco traders

Mr. Pratik Adani, CTO, SAMCO Securities, commented, “Options B.R.O. directly addresses the foremost challenges in the current options trading scene, equipping users with the critical insights needed for informed decision-making. We innovated at the technological forefront to break through the barriers of executing complex mathematical and computational analyses in moments, facilitating almost instantaneous decision-making for our users. This capability to perform over 1.5 lakh mathematical computations, evaluate more than 2000 option contracts, and analyze over 1000 strategies in just one second is transforming options trading. The extraordinary speed and accuracy of Options B.R.O. enhance traders’ ability to act swiftly using the SAMCO trading app.”

Key features of Options B.R.O.:

The feature not only filters strategies based on the user’s perspective but also enables users to analyze their strategies across various parameters. To enhance users’ strategy analysis experience, it provides the capability to analyze on all the following data points, facilitating the determination of the optimal option strategy.

• IV

• Option greeks such as delta, theta, gamma, vega

• Upcoming events

• Technical indicators

• Expected Value

• Risk Reward

• Return on Investment