Archives August 2023

Angel One retail market share expands to 26.0 Percent, marking a year-over-year increase of 400 basis points

Mumbai, 29th August 2023: Fintech company Angel One Limited (formerly known as Angel Broking

Limited) growth momentum continued as its client base expanded to 15.65 million, a 45.5% YoY growth, with gross client acquisition of 0.61 million, a 78.4% YoY rise, in July 2023. Being India’s most trusted Fintech company, Angel One is dedicated to empowering a billion lives by leveraging the power of data and technology.

Angel One’s efforts to provide a seamless wealth-creation experience have led to its growth across business parameters. In July’23, there were 109.05 million orders, a 63.7% YoY increase, equivalent to 5.19 million average daily orders. The company’s average client funding book stood at Rs 11.80 billion.

Angel One’s ongoing trend of remarkable expansion persisted as it documented significant growth in its Unique Mutual Fund SIPs at 200.27 thousand, an impressive increase of 1,568.9% YoY. The company’s average daily turnover reached Rs 28,153 billion, a 173% YoY growth, as its retail overall equity turnover market share expanded to 26.0%, a 400 bps YoY expansion.

Mr. Dinesh Thakkar, Chairman and Managing Director of Angel One Ltd., said, “Our remarkable month-on-month growth is a testament to our effective incorporation of cutting-edge technologies into our operational framework. Over the years, we’ve evolved profoundly at Angel One, characterized by an unwavering commitment to innovation.”

Mr. Prabhakar Tiwari,

Mr. Prabhakar Tiwari, Chief Growth Officer of Angel One Ltd., said, “Our unwavering commitment to delivering an improved trading and investment experience to clients nationwide is reflected in the steady growth across diverse business metrics. The effectiveness of our Super App reinforces our mission to simplify participation in the country’s capital markets, encouraging clients from Tier 2, 3, and beyond cities to embark on their journey towards building wealth.”

HCLTech signs an exclusive preferred professional services agreement with Cloud Software Group for TIBCO solutions

NEW YORK and NOIDA, India, 29th August 2023 HCLTech, a leading global technology company, announced an exclusive preferred professional services agreement with Cloud Software Group, to help implement, upgrade, modernize and provide services for all TIBCO products for enterprise customers across the globe. This partnership will help drive better value for end customers leveraging TIBCO products to further accelerate their data-driven digital transformation.

Cloud Software Group is the company formed upon completion of the Citrix take-private transaction and related combination with TIBCO. Today, Cloud Software Group provides the modern enterprise with mission-critical software through its key brands, including TIBCO, Citrix, NetScaler, Spotfire, XenServer, ShareFile, and Jaspersoft.

Cloud Software Group’s TIBCO customers will have access to enhanced digital transformation capabilities through HCLTech’s technology offerings and consulting expertise across digital, cloud, automation, engineering and process optimization.

The addition of TIBCO products will further strengthen HCLTech’s professional services portfolio that already includes a comprehensive set of software product lines.

Close to 400 professional services employees from Cloud Software Group with expertise in TIBCO products will transition to HCLTech, bringing their deep domain knowledge to serve ongoing customer relationships and scale up HCLTech’s existing TIBCO Center of Excellence.

“At Cloud Software Group, we’re constantly searching for opportunities to deliver an exceptional customer experience,” said Scott Harris, Senior Vice President, Cloud Software Group. “Through this partnership, we are enhancing and expanding how we support our TIBCO customers along their data journeys. With HCLTech’s long-standing history of expertise in innovation and cutting-edge digital technologies, we can further empower enterprises as they unlock the potential of real-time data through our platform.”

“This is a win-win partnership for both companies. We look forward to collaborating with Cloud Software Group’s product and support teams, adding yet another differentiator to our IT services portfolio,” said Anil Ganjoo, Chief Growth Officer, Americas, TMT and RCPG, HCLTech. “We look forward to an amazing journey with the new employees from Cloud Software Group and are thrilled to welcome them to HCLTech.”

The first edition of BIG FM’s BIG Tamil Rasigar Awards witnesses the ultimate celebration of music!

The first edition

Chennai, 29th August, 2023: Music transcends boundaries and for Chennaites, it’s more than just a passion. As an audio entertainment powerhouse with music at its centre, BIG FM, one of the leading radio networks in the country, hosted the first edition of the BIG Tamil Rasigar Awards in Chennai. Held on August 26th, 2023, at Lady Andal Auditorium, the mega event witnessed renowned names from the Tamil music industry come together to honour the remarkable work of artists in different categories across Cinema, OTT and Social Media. The evening was graced by some of the industry’s most illustrious names such as Madhushree, Vaisagh, AniVee, Simon K King, Ravi G, Adhithya RK, Vishnu Edavan amongst others. Rooted in the belief that every voice deserves to be heard, the event was in line with the radio network’s philosophy – ‘Idhu Unga Voice’, where the audience is the ultimate authority, from content to music.

The BIG Tamil Rasigar Awards put the power in the hands of the Rasigars where the winners are not just finalized by them but are also honoured by them. It was an awards night straight from the Rasigars to the Kalaignans. The event was hosted by BIG RJs – RJ Saru, RJ Miruthula, RJ Karun, RJ Sarithiran, RJ Vickyy and RJ Anto. At the star-studded awards show, the Cinema category witnessed a diverse array of big wins. The musical maestro A R Rahman was honoured with the Best Music Director award for his multi-dimensional music in movies like Ponniyin Selvan 1, Vendhu Thanindhadhu Kaadu and Iravin Nizhal. Anirudh’s captivating original score for ‘Vikram’ won him the award for Best Original Score. The Best Song of the Year award was swept away by the soul-stirring ‘Mudhal Ne Mudivum Ne,’ composed by the exceptional Darbuka Siva. Vishnu Edavan’s heartfelt lyrics in ‘Por Kanda singam’ struck the right chord with the audiences as he received the award for Best Lyrics. Ravi G’s moving rendition in ‘Naan Pizhai’ earned him the Best Male Singer award and Madhushree took home the trophy for Best Female Singer for the melodious ‘Malli poo’. Yuvan Shankar Raja’s new wave album ‘Love Today’ was awarded with the Best Album award.

The OTT category brought its own magic, with Santhosh Narayanan’s mesmerising ‘Evan da enaku custody’ winning the Best Song of the Year. His vocal prowess shone again, earning him the Best Singer award as well. Simon K King’s captivating original score for ‘Vadhandhi’ won the Best Original Score award. In the day and age of social media hits, Anirudh’s ‘Arabic Kuthu’ spread like wildfire, earning him the Best Viral Song of the Year recognition. AniVee’s heartfelt ‘Mayakkuriye’ was honoured as the Best Independent Music creation. The evening also paid tribute to legends, with Deva being honoured as the Tamil Rasigargalin Mass Isai Nayagan and Vidyasagar as the Tamil Rasigargalin Class Isai Nayagan. From remarkable discoveries to vibrant youth icons, Vaisagh was celebrated as the Best Find of the Year, while the energetic GV Prakash claimed the Youth Icon – Music award.

Sunil Kumaran, COO, BIG FM said, “The first edition of BIG Tamil Rasigar Awards marked a milestone in our journey, a celebration of the timeless power of music. The passion and enthusiasm we have witnessed from both our audience and the incredibly talented artists have exceeded all expectations. This remarkable event marked the beginning of an exciting journey, as we continue to honour the heart and soul of Tamil music. We wish many congratulations to the winners whose exceptional talent and dedication have shone brightly.”

The BIG Tamil Rasigar Awards was a celebration of music and the artists who make it come alive. The awards event also featured some incredible musical performances by Anivee and Arun Raj. Sakshi and Ragasiya with their electrifying dance moves, added to the celebrations for the night. The awards were extensively promoted on air, digital and across all platforms of BIG FM.

Over 200 global technology leaders take the stage to share their invaluable insights at BTS 2023

Over 200 global technology

Hyderabad/Bengaluru, 29th August 2023: The 26th edition of the Bengaluru Tech Summit is set to surpass all expectations with an unparalleled scale and an unprecedented level of global participation. This summit is an extraordinary event that will redefine the boundaries of technology and innovation is scheduled to take place take place at the iconic Bangalore Palace from November 29th to December 1st, 2023. Today, Shri Priyank Kharge, the Hon’ble Minister for Rural Development, and Panchayat Raj, IT & Bt, Government of Karnataka, announced during his address at the Global Innovation Alliance (GIA) Partners meeting.

The GIA Partners meet was graced by distinguished personalities, including

Dr. Ekroop Caur, IAS, Secretary to Government, Department of Electronics, Information Technology, Biotechnology and Science & Technology, Govt. of Karnataka and Shri Darshan H.V, IAS, Director, Dept. of Electronics, IT, Bt, and Managing Director, KITS, Govt. of Karnataka. A detailed event presentation was made by Shri Jagdish Patankar, Executive Chairman of MM Activ Sci-Tech Communications, and the Event Curators, encompassing all relevant information about the event.

BTS 2022 marked an incredible success with a record-breaking number of participants, including 405 Speakers, 9356 Delegates, 585 Exhibitors, 25,738 Registered Visitors, over 50,000 Expo footfalls, and 104 Biotech posters. Over the years, the Bengaluru Tech Summit has consistently drawn substantial participation from GIA partners. In the previous edition, the event saw a remarkable presence with representatives from 30 countries. Among them, 17 countries organized engaging GIA sessions, featuring a diverse panel of 104 speakers. Additionally, BTS 2022 was graced by esteemed ministerial delegations from Australia, Finland, and the United Arab Emirates, along with active involvement from Ambassadors representing seven countries.

Building upon the remarkable success of the previous year, BTS 2023 eagerly awaits the presence of esteemed high-level government and industry delegations from renowned tech nations. Today, the GIA Partners meeting was held to formally inaugurate and recognize the participation of Global Innovation Alliance Partners for the Summit. The event witnessed the attendance of representatives from over 16 countries, and Consul Generals / Deputy Consul Generals from Australia, France, Israel, Japan, Switzerland, and the Netherlands shared their remarks. During the meeting, representatives provided insights into the expected participation from their respective countries at BTS 2023 and highlighted potential speakers for the event. It is noteworthy that countries such as Italy, Peru, and Spain will participate in this precursor event to BTS for the very first time in its history, adding to the anticipation and international collaboration.

Global Innovation Alliance Partner countries are expected to participate in the following ways:

  • Participation from high-level government and industry delegation
  • GIA partners conducting knowledge sessions as part of the GIA track
  • Speakers providing remarks in other sessions
  • Plenary/keynote sessions by renowned tech and innovation experts
  • Experience centers where countries can showcase the latest innovations in technology
  • Startup booth for showcasing their products and innovation

The India-USA Tech Conclave’s 3rd edition has been officially announced by the US India Business Council (USIBC). On the exciting ties of AI i.e America and India this year’s conclave will highlight the advancements in emerging technologies in IT and HealthTech. As two of the largest democracies in the world, the United States and India will explore and delve into these areas during the course of BTS 2023, fostering exciting collaborations and discussions. The key themes of the India-USA Tech Conclave will align with roadmap announced by the Heads of the two States on enhanced cooperation on technology on many fronts. Some of the focus areas are Artificial Intelligence, Semiconductor, Quantum Computing, Space Tech, Digital Health, E-commerce and 6G.

Prepare to witness Asia’s Largest Tech EventBengaluru Tech Summit 2023, featuring a diverse and enriching Event Spectrum. The summit encompasses a Multi-Track Conference on IT & Electronics, Deep Tech, Start-Ups & Biotech, an International Exhibition, the Global Innovation Alliance, the India-USA Tech Conclave, the India Innovation Alliance, R&D-Lab2Market, B2B Meetings, STPI IT Export Awards, Smart Bio Awards, Unicorns Felicitation, Rural IT Quiz, Bio Quiz, and Bio Posters.

BTS 2023 is positioned at a critical intersection, where the brightest minds from the Startup Community, pioneering Research labs, SMEs, leading Corporations, and Industries will converge. Together, they will showcase the rapid advancements in IT and DeepTech, the Metaverse and WEB 3.0, Electronics and Semiconductors, Animation, Visual Effects, Gaming, Telecom, and 6G, as well as Biotech and Health tech. This grand gathering promises to push the boundaries of innovation and technology, creating a vibrant platform for collaboration and knowledge exchange among visionary minds.

Imarticus Learning: Launches 200th batch of Data Science and Analytics Program

29th August 2023 Imarticus Learning, a pioneer in professional education, proudly commemorates over a decade of visionary leadership and pioneering innovation in the education sector. As it unveils the 200th batch of its esteemed Postgraduate Program in Data Science and Analytics. With a remarkable milestone insight, Imarticus continues to revolutionize the landscape of education, emphasizing its commitment to diversity and excellence.

The highlight of this momentous batch lies in the program’s exceptional accomplishment of achieving 50% female representation among its graduates, a milestone that not only sets new benchmarks for the industry but also redefines conventional norms. This achievement underscores Imarticus’ unwavering dedication to fostering diversity and inclusivity in education.

Over the past year, the Data Science & Analytics program at Imarticus Learning has witnessed a diverse and dynamic student cohort, reflecting the program’s inclusive nature. The diverse makeup of the program’s participants highlights a balanced gender distribution, with 49.62% males and 50.38% females, embodying the commitment to inclusivity. The age spectrum showcases the program’s appeal across generations, with 23.91% falling within the 25-28-year bracket, a significant 72.44% aged between 22-24 years, and thoughtful consideration for those above 29 years, accounting for 3.65%. The educational backgrounds of the attendees underscore the program’s versatility, with 17.58% holding degrees in disciplines like BCom, BBA, BBM, or BA, while a majority of 69.81% boast qualifications in B Tech, BE, BSc, or BCA. A discernible 4.98% possess degrees such as MBA, PGDM, CA, or MCom, while 7.63% exhibit expertise in fields like M.Tech, MCA, or MSc.

Furthermore, the freshers’ salary range is well-represented, with 9.33% earning less than 2.5 LPA, 6.30% falling within the bracket of 2.5 – 3 LPA, a notable 23.89% within the range of 3 – 3.5 LPA, 30.56% earning 4 – 5 LPA, and a significant 18.98% earning 5 LPA and above. The highest salary achieved after completion of this program is 22.5 lacs per annum. This showcases the program’s efficacy in accommodating a broad range of career stages and aspirations.

The Postgraduate Program in Data Science and Analytics seamlessly blends tradition and innovation, offering a distinctive combination of online and offline learning. This hybrid model empowers students to access top-tier faculty, industry-focused projects, and a vibrant peer community, all while retaining the flexibility to adapt their education to their own schedules. A standout feature is the Interview Guarantee initiative, closing the gap between education and professional success. The thoughtfully crafted curriculum, aligned with evolving industry needs, ensures graduates possess advanced skills and a smooth entry into the dynamic field of data analytics, making them highly desirable professionals.

Embarking on a transformative educational journey, participants in the program engage in over 300+ dedicated learning hours, immersing themselves in a comprehensive curriculum designed to cultivate expertise in the dynamic field of data science and analytics. Throughout this enriching experience, students complete a remarkable portfolio of 25+ industry-relevant projects, honing their practical skills and gaining hands-on experience that sets them apart in the competitive landscape. Supported by a robust arsenal of 10+ cutting-edge tools, participants master a diverse array of technologies, equipping themselves with the proficiency needed to excel in the modern data-driven world.

Participants in the program embark on a journey to grasp fundamental data science and analytics concepts while mastering an array of in-demand tools and techniques. From Python and SQL to Data Analytics, Machine Learning, Power BI, and Tableau, students emerge job-ready with comprehensive expertise.

This program is designed to cater to a diverse range of participants, including fresh graduates and postgraduates who have secured a minimum of 50% marks in their graduation. It welcomes individuals from various academic backgrounds such as Engineering, Computer Science/IT, Mathematics, Statistics, Economics, and those pursuing Masters with specializations in Science or IT. Additionally, the program extends its benefits to working professionals who possess 0-3 years of experience.

Nikhil Barshikar, Managing Director & CEO at Imarticus Learning, said ” At Imarticus Learning, nurturing talent and fostering innovation have been ingrained in our educational philosophy. As we mark a decade of educational excellence, our commitment to offering life-altering learning experiences remains resolute. Our aim is to equip individuals with the skills to not only survive but thrive in ever-evolving industries. Imarticus Learning proudly announces the 200th batch of the Postgraduate Program in Data Science and Analytics, a testament to our dedication to excellence, diversity, and pioneering education.

Gorakhpur Lions Team Receives a Roaring Welcome from Crowd at Gaur City Mall

Gorakhpur Lions

Noida, 29th August 2023: Gaurs Group, a trailblazing name in real estate sector headquartered in the Delhi-NCR region has stepped onto the pitch of excitement with its latest game-changing move. The brand has taken ownership of the Gorakhpur Lions franchise in the hotly anticipated UP T20 League, and it is excited to be a part of the competition. This strategic maneuver comes as part of a captivating mall promotional activity aimed at uniting sports aficionados and celebrating the spirit of competition.

In an exhilarating display of solidarity and support, popular celebrities, Shri Ravi Kishan, actor and Member of Parliament, Lok Sabha from Gorakhpur and Shri. Manoj Kumar Tiwari, Actor, Singer & Member of Bhartiya Janata Party, graced the event, adding an extra layer of excitement to an already electrifying atmosphere. Shri. Manoj Gaur, Chairman and MD of Gaurs Group, who was also present to support his team, expressed his gratitude to Shri Ravi Kishan & Shri Manoj Tiwari for gracing the ceremony as the Guest of Honor. Their cheers resonated with the team’s spirit, echoing the passion and dedication that fuels their journey towards victory.

The event, organized to elevate the confidence of the cricket team recently acquired by Gaurs Group, saw stars from the entertainment industry coming together to inspire and motivate the players.

The mall was transformed into a heaven for cricket enthusiasts and families alike, providing an unparalleled opportunity to engage with the game on a whole new level. The event promised an immersive experience for visitors, including the chance to meet the cricketing heroes and entertaining dance sessions.

Mr, Veshesh Gaur, Director of Gaursons Sports Ventures, expressed his gratitude, stating, We are delighted to have Shri. Ravi Kishan and Shri. Manoj Tiwari here today to cheer our team Gorakhpur Lions. Their presence is a huge boost for the team and we are confident that they will help us to victory. They both are passionate about cricket and their words of encouragement will surely motivate the players. We are grateful for their support and we look forward to a successful tournament.”

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Adani Gangavaram Port Launches Adani Evening Education Centre for Local Students in villages

Adani Gangavaram Port

Visakhapatnam:29th August 2023 Adani Gangavaram Port the deepest and the most modern port in the country as a part of its CSR program has taken a significant step in its commitment to community development by inaugurating the 1st Adani Evening Education Center (AEEC) at MPP School, Dibbapalem. This initiative is implemented in association with Adani Foundation and it aims to support more than 200 students in the first year. Participatory learning methods are being adopted to increase students’ attendance and effective learning and lead to progressive performance in academics.

The Adani Evening Education Center (AEEC) at MPP School is designed to help underprivileged students excel in their studies through engaging learning methods. It’s also a great initiative to help children and adults who discontinued their education due to personal or economic reasons to reinitiate their studies. The program’s goal is to improve attendance, learning, and academic performance. This initiative will expand to 5 villages across 2 locations in the coming months. The next center will be started at ZPH School, Gangavaram village very soon.

Adani Gangavaram Port has been actively involved in enhancing education in local communities. The establishment of a Computer Center at ZPHS, Gangavaram has been a witness to their commitment to empowering the youth with valuable skills. This initiative brings into line with the Adani Group’s core values and commitment to community development through education and skill-building.

Speaking on the occasion Adani Gangavaram Port Limited management said” We are committed to the development of the community by providing education to the underprivileged children’s in our neighbourhood. We believe education is a powerful tool for bringing a positive change. The Adani Evening Education Center reflects our dedication to improving education and contributing to the growth of our communities. Adani Gangavaram Port Limited is also planning to engage with the people on Skill development & infrastructure in the future”

Honda Motorcycle & Scooter India launches 2023 Hornet 2.0

Honda

Mumbai, 29th August 2023: Honda Motorcycle & Scooter India (HMSI) today launched the OBD2 compliant 2023 Hornet 2.0. Formulated to be an International Street Fighter, the updated new Hornet 2.0 OBD2 is a transformation of Honda’s racing DNA into sheer thrill of street riding and has been attractively priced at Rs. 1,39,000 (ex-showroom, Delhi).

Introducing Honda’s latest offering, Mr. Tsutsumu Otani, Managing Director, President & CEO, of Honda Motorcycle & Scooter India, said, “In line with the government’s regulations, HMSI has been aggressively working on upgrading its product line-up to comply with the latest norms. Today marks a significant milestone as we launch the OBD2-compliant 2023 Hornet 2.0. Since its launch in 2020, the Hornet 2.0 has received tremendous response and we are confident that it will further bolster its position in the market.”

 Commenting on the launch of the 2023 Hornet 2.0, Mr. Yogesh Mathur, Director, of Sales and Marketing, at Honda Motorcycle & Scooter India, said, “We are pleased to introduce the new Hornet 2.0. Inspired by the dreams of the new-age customers and their passion for motorcycle riding, it is a transformation of Honda’s racing DNA into sheer thrill of street riding. With advanced features and thrilling performance, the new Hornet 2.0 street fighter is a call out to young motorcycle enthusiasts who want to Fly Against The Wind!

 BOLD INTERNATIONAL STYLING

The new 2023 Hornet 2.0 boasts an aggressive design with new cutting-edge graphics. Its forward leaning aerodynamic styling & bulky fuel tank are true expressions of dominance and muscular road presence.

Styling is enhanced by an all-LED lighting system (LED headlamp, LED winkers & X-shaped LED tail lamp) which further improves the reliability along with better visibility. The sporty split seat and key on tank placement amplify its street fighter character while adding more convenience to the rider.

The Hornet 2.0’s premium & sporty character is further accentuated with the short muffler and ten-spoke alloy wheel design while the aluminum-finished footpegs add to the overall style quotient.

 ADVANCED TECHNOLOGY

At the heart of the new 2023 Hornet 2.0 lies a powerful 184.40cc, 4-stroke, single-cylinder BSVI OBD2 compliant PGM-FI engine. It is more environmentally friendly than before. The OBD2 Hornet 2.0 uses multiple sensors and monitor components that can affect emission performance. If any malfunction is detected, it even illuminates a warning light on the vehicle’s instrument panel.

Standing true to the trust reposed by customers in brand Honda’s innovative features, the updated 2023 Hornet 2.0 sports a new assist and slipper clutch which eases upshifts & manages rear wheel lock-up on hard downshifts while deceleration, thereby enhancing the rider’s safety.

The Hornet 2.0 gets a Golden Up-side Down (USD) front fork – a first in the sub-200cc motorcycle segment. It is an ultimate combination of advanced technology & superior appeal and enhances the handling capacity of this International Street Fighter.

The advanced Fully Digital liquid crystal instrument panel displays information like a Speedometer, Odometer, Tachometer, Battery Voltmeter, Twin Trip Meters, Gear Position Indicator, Service Due Indicator and a Clock. It also comes with customizable brightness (can be adjusted manually up to 5 levels as per convenience) for better visibility at day/night.

To ensure the utmost sense of control while taking on the streets, the new Hornet 2.0 is equipped with Dual, Petal Disc Brakes with a single-channel ABS. The mono-shock rear suspension helps in maintaining the center of gravity, thus providing supreme stability while cornering and an excellent riding experience.

With a stress-free riding posture, it offers a perfect balance between high performance and comfortable riding experience. The Hornet 2.0’s wider tubeless tires (110mm front and 140mm rear) boost rider confidence while the engine-stop switch, hazard lights, side stand indicator, and sealed chain enhance the convenience factor.

 THRILLING PERFORMANCE

The 2023 Hornet 2.0 boasts thrilling performance not just in the urban traffic but even makes the highway rides an exciting experience. Its new 184.40cc, 4-stroke, single-cylinder BSVI OBD2 compliant PGM-FI engine churns out 12.70 kW of power and 15.9 Nm of peak torque.

Specially curated to give a fascinating experience along with superior fuel efficiency, the Hornet 2.0 offers strong acceleration and quick response in all riding conditions through optimization of intake and exhaust components. Its aerodynamic design helps in achieving smooth handling & enhanced high-speed stability.

SPECIAL VALUE PROPOSITION

The new 2023 Hornet 2.0 OBD2 has been attractively priced at Rs. 1,39,000 (ex-showroom, Delhi). HMSI is also offering a special 10-year warranty package (3-year standard + 7-year optional) on the motorcycle.

Variant Hornet 2.0 OBD2 Double Disc
Price (ex-showroom, Delhi) Rs. 1,39,000
Color Options Pearl Igneous Black, Matte Sangria Red Metallic, Matte Marvel Blue Metallic and Matte Axis Grey Metallic

Channelizing Interior Harmony with the Power of Nature (Vaastu)

By Tushar Mistry,

By Tushar Mistry, Principal Architect of Tushar Mistry Design Studio

In the aim of creating peaceful and harmonious living spaces, old wisdom frequently collides with modern design. Vaastu Shastra, an ancient Indian architectural theory that strives to harmonize living spaces with the natural elements and energy that surround them, is one such ageless approach. Vaastu attempts to create rooms that vibrate with good energy, harmony, and tranquility by channeling the power of nature.

 

Understanding Vaastu Shastra:

Vaastu Shastra, or “science of architecture,” is based on the belief that our physical environment has a direct impact on our well-being, mental condition, and overall quality of life. Earth, Water, Fire, Air, and Space are the five components that make up the philosophy. These elements are said to represent the universe’s building components, and when they work together, they can produce an atmosphere conducive to health, prosperity, and spiritual progress.

Key Principles of Channelizing Interior Harmony:

Directional Alignment: The importance of aligning structures and interior spaces with the cardinal directions is emphasized by Vaastu. Each direction is connected with a different element and energy, and appropriate alignment is said to attract favorable energies. For example, the east is associated with the element of Air and is perfect for prayer or meditation rooms, whereas the north is associated with Water and is appropriate for wealth-related pursuits.

Five Elements Integration: Incorporating the five aspects strategically into interior design can have a significant impact. Earthy tones and materials symbolize the planet while flowing water features exemplify it. Proper lighting represents Water, well-ventilated spaces represent Air, and open spaces and voids represent Space. A balanced and harmonious decor can be established by strategically blending these pieces.

Natural Light and Ventilation: Natural light and air circulation are important according to Vaastu. Well-lit places not only seem better but also produce a more cheerful attitude. Proper ventilation promotes a constant flow of fresh air, which is essential for a healthy and lively living environment.

Color Palette: Colours are proven to have an impact on our moods and energy levels. Colours that match the elements linked with different directions are suggested by Vaastu. Shades of green and blue, for example, are appropriate for the east (Air), whereas earthy tones are appropriate for the southwest (Earth).

Placement of Elements: Furniture, decor, and objects should be positioned with consideration for the flow of energy in the room. Beds, for example, should be positioned with the head facing south to promote comfortable sleep.

Nature-Inspired Decor: Natural features and materials should be included in the interior design. Wood, stone, and plants not only bring the outdoors in, but they also resonate with Earth’s principles and provide anchoring.

Clutter-Free Spaces: A congested atmosphere can impede the flow of energy and cause confusion. Maintaining a sense of calm requires keeping areas organized and clutter-free.

Modern Application: While exactly following every Vaastu rule may be difficult, the concepts may be altered to fit individual preferences and modern designs. Incorporating Vaastu components into interior design may lead to a more thoughtful and holistic approach, resulting in rooms that are not only visually appealing but also energetically balanced.

In Conclusion

The Vaastu Shastra concept of “channeling the interior with the power of nature” explores how people and their environment can live in harmony. One can build living places that resonate with positivity, harmony, and well-being by matching design decisions with natural energy and components. This all-encompassing method of interior design serves as a reminder that creating surroundings in which we may thrive and find tranquility depends critically on our relationship with the natural world.

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MSU, Sikkim, in collaboration with RSB Transmissions, inaugurates the Work Integrated ITI (CTS) training programme under the Flexi MoU scheme of DGT

MSU, Sikkim,

Pune, 29th August 2023: Medhavi Skills University (MSU), Sikkim, in collaboration with RSB Transmissions, inaugurated the Work Integrated ITI (CTS) training programme under the Flexi MoU scheme of DGT.

It is important to mention that Medhavi Skills University has earlier signed an MoU with the Directorate General of Training (DGT) to implement its Flexi MoU scheme as an Authorised Implementing University to offer on-the-job training based Flexible ITI (CTS) programme in partnership with various reputed Industries, where the students shall get ITI (CTS) Qualification certificate as well as practical work experience while deputed as trainees at the partner industry premises.

This Flexi MoU Scheme developed by the DGT, an apex regulatory body for ITIs, operating under the aegis of the Ministry of Skill Development (MSDE), Government of India, is aimed to meet the demands of both industry and youth. It enables Industries to train candidates in accordance with the relevant skill sets sought by them, and it offers students a training environment that is in line with market demands and uses the most recent technology tools and machines.

MSU has tied-up with RSB Transmissions, Pune, a reputed global Automotive manufacturing OEM company and has deputed 110 Flexi ITI Trainees as an inaugural batch.

Mr. Abhay. A. Mahishi, Deputy Director, Regional Directorate of Skill Development and Entrepreneurship (RDSDE), Maharashtra, (DGT, MSDE) Government of India, was the Chief Guest at the event. On behalf of RSB Transmissions, Mr. Durga Prasanna Das, Plant Head, AGM – HR, Mr. Mukesh Kumar and Senior HR manager Ms. Parvati Nayak were present at the occasion. Also present was Mr. Mehboob Saiyyad, Managing Director at TalentCorp Solutions India, the candidate sourcing Staffing Partner for Medhavi Skills University.

Medhavi Skills University was represented by Mr. Pravesh Dudani, Founder and chancellor. Also present on behalf of Medhavi were, Mr. Sajeev Kumar S, Vice President, Industry Relations and Mr. Sitaram A. P., General Manager, Skill Integration and Certification.

In his speech, the Chief Guest, Mr Abhay. A. Mahishi, spoke about the background and benefits of Flexi MoU Programme under DGT. He emphasized on the fact that this programme is a unique model for students where they are able to continue with their education along with real-time hands-on experience in an industry, where they get exposure on the latest technology, thus making them employment-ready.

Speaking at the inauguration, Mr. Pravesh Dudani, Founder & Chancellor, Medhavi Skills University, said: “The Flexi MoU Training Programme is a significant initiative by the MSU aimed at bridging the employability gap and fostering a well-trained workforce, as envisioned in the New Education Policy 2020. It is designed to offer flexible training options to enhance their technical skills and expertise along with sought after ITI CTS (NCVET) qualification“.

Mr Durga Prasana Das, Plant Head, RSB, in his speech, emphasized that the trainees should be multi-skilled and must gain hands-on experience and would be provided with role rotation every quarter of the programme. He said that the students will also be provided with a stipend as per Industry standards during the OJT period.

MSU being a UGC, NCVET, DGT & NSDC recognised University is committed to taking this Flexi MoU scheme to many Industries across the Industrial regions in India for the benefit of both the youths and the Industries. The programme is modelled under “Learn & Earn” mode which empowers youths from disadvantaged backgrounds to complete their higher education through MSU. The trainees learn on the job and are more committed to the company compared to the contractual workforce given their linkage of education to their employer which leads to lower attrition to the Industry.