Archives November 2023

HSINCHU, Taiwan –22nd November 2023 – MediaTek today announced the Dimensity 8300, a power-efficient chipset designed for premium 5G smartphones. As the newest SoC in the Dimensity 8000 lineup, this chipset combines generative AI capabilities, low-power savings, adaptive gaming technology, and fast connectivity to bring flagship-level experiences to the premium 5G smartphone segment.

Based on TSMC’s 2nd generation 4nm process, the Dimensity 8300 has an octa-core CPU with four Arm Cortex-A715 cores and four Cortex-A510 cores built on Arm’s latest v9 CPU architecture. With this powerful core configuration, the Dimensity 8300 boasts 20% faster CPU performance and 30% peak gains in power efficiency compared to the previous generation chipset. Additionally, the Dimensity 8300’s Mali-G615 MC6 GPU upgrade provides up to 60% greater performance and 55% better power efficiency. Plus, the chipset’s impressive memory and storage speeds ensure users can enjoy smooth and dynamic experiences in gaming, lifestyle applications, photography, and more.

“With MediaTek’s optimized Dimensity 8000 series, consumers don’t have to pick and choose between accessibility and premier experiences like flagship-grade memory or accelerated AI capabilities—they can have it all,” said Dr. Yenchi Lee, Deputy General Manager of MediaTek’s Wireless Communications Business Unit. “The Dimensity 8300 unlocks new possibilities for the premium smartphone segment, offering users in-hand AI, hyper-realistic entertainment opportunities, and seamless connectivity without sacrificing efficiency.”

The MediaTek Dimensity 8300 is the first premium-tier SoC to come with full generative AI support, thanks to the APU 780 AI processor integrated into the chipset. This enables the Dimensity 8300 to provide support to developers to build innovative applications that leverage large language models (LLMs) up to 10B, as well as stable diffusion. The APU 780 features the same architecture as the flagship Dimensity 9300 SoC, resulting in 2x improvement in INT and FP16 computation and a 3.3x boost in AI performance over the Dimensity 8200.These AI capabilities, combined with MediaTek’s 14-bit HDR-ISP Imagiq 980, will take premium smartphone photography and video capturing to new heights. Users will be able to capture sharper, clearer videos at 4K60 HDR, and record for longer thanks to the Dimensity 8300’s extremely power efficient design.

To further optimize battery life, MediaTek’s next generation of HyperEngine adaptive game technology offers advanced power savings enhancements. Leveraging exclusive performance algorithms, the Dimensity 8300 intelligently adapts to computing demands and monitors device temperature, keeping devices cool while optimizing gameplay so users can enjoy full FPS, low lag, and seamless rendering.

The Dimensity 8300 supports ultra-fast speeds with a built-in 3GPP Release-16 standard 5G modem which utilizes scenario-specific optimizations to provide improved connectivity in environments that have weaker connections. These optimizations amplify sub-6GHz performance and range for a more reliable connectivity experience. The modem supports 3CC carrier aggregation, with up to 5.17Gbps downlink speeds.

Other key features of the MediaTek Dimensity 8300 include:

• LP5x 8533Mbps and uFS4.0 MCQ memory provides a 33% speed boost on LPDDR and up to 100% faster R/W to flash compared to Dimensity 8300’s predecessor.
• MediaTek 5G UltraSave 3.0+ improves 5G power efficiency up to 20% in daily usage scenarios compared to the previous generation.
• Upgraded Wi-Fi 6E performance with 160 MHz bandwidth, plus Wi-Fi/Bluetooth hybrid coexistence technology so earbuds, wireless gamepads, and other peripherals work together seamlessly.\
• Dimensity 5G Open Resource Architecture (DORA), allowing device makers to create unmatched smartphones that stand out in unique ways amongst competitors.

Dimensity 8300 will power 5G devices launching in the global market before the end of 2023. To learn more about MediaTek’s Dimensity portfolio, please visit: https://i.mediatek.com/mediatek-5g.

Mumbai, 22nd Nov 2023 – BlinkX, an elementally born tech driven company, from the house of JM Financial, announces the beginning of the ‘ClienTech’ era. In a landscape dominated by sectors like EdTech, HealthTech, FoodTech, and Wealthtech, to name a few, BlinkX is forging a tech ecosystem with a deliberate detachment from specific business segments. Instead, it centers on clients and their requirements as the focal point for inspiration and innovation. The company, which is currently in the broking and financial sector, is betting big on the underlying technology which is robust enough to fit into any spectrum of a customer-product engagement lifecycle. The rationale of ClienTech emerging as a service space lies behind the realisation of customers’ plight of being exposed to a steep learning and adaption curve which is typically associated while they move between tech platforms which are designed to cater specific businesses.

BlinkX takes pride in being a ‘listening brand’ – a brand that pays attention and adapts to customers’ requirements consistently. The core of ClienTech is the elemental understanding of customer behaviour, is being championed by the in-house Customer Data Platform setup on Google cloud. This invaluable asset empowers the company to communicate with clients on a deeply personalized level right from their first interactions. The aspiration of the company going beyond the ordinary got BlinkX and Google naturally gravitate towards each other into a partnership, to create industry first experiences – be it products or services. One such evident example would be together laying the foundation of a hyper-personalised nudge engine, which is versatile enough to be adapted for any other sectors. Resonating with the sentiment of a continuous elevated brand experience, BlinkX is also developing a NER model (Named Entity Recognition) to spot key details and customer intent in their input which is useful for tasks like market research and categorizing user feedback.

In this journey, BlinkX has garnered substantial interest and admiration from top colleges and talented individuals across the country. Having operated in stealth mode for nearly two years, the company is now prepared to debut in the financial world with its customer-centric innovation.

Gagan Singla, MD at BlinkX, shares “Though we may appear to have invested and adequately marinating a lot many levers for business, for us, we are just getting our basics right. The bar for customer loyalty has been set very high in recent times and their demands are going through constant evolution. Standard delivery is no longer the pull factor, rather elements of outperformance, no matter how small they are, are hugely appreciated and most often constitute the reason behind loyalty. We put in a lot of productive hours behind understanding the psychology of investing rather than just aimlessly creating a corporate handbook of products. The beauty of our model lies in the fact that we are industry agnostic with the capabilities of understanding customers across all segments – the true essence of being a ClienTech company.”

Bangalore, 22nd November 2023: Goldmedal Electricals, one of India’s leading Fast Moving Electrical Goods (FMEG) companies, is expanding its product portfolio with the introduction of its new range of water heaters. An established brand in the electrical wiring devices, home automation, wires, LEDs, and fans segments, Goldmedal aims to replicate its success in the water heating category with a series of storage and instant water heater products that offer superior efficiency, design, and durability.

Speaking at the product unveiling, Mr. Kishan Jain, Director, Goldmedal Electricals, stated, “Our commitment has always been to deliver technologically advanced, premium quality, durable, and value-driven products. The launch of our new range of water heaters is another step in that direction. These products have been meticulously designed to meet the demands of discerning consumers, offering exceptional energy efficiency and reliability.”

The new Goldmedal water heaters will be available in a variety of models and multiple tank capabilities to cater to a wide variety of needs. From storage to instant water heaters, the product list boasts features such as corrosion-resistant materials, digital temperature display, Dynoflow technology for quicker heating, multiple-level safety, and highly efficient, eco-friendly insulation materials. Advanced safety features include precision temperature control, overheat protection, and pressure control valves to ensure a safe and reliable user experience.

Gold Medal is committed to providing best-in-class after-sales service, backed by a dedicated call centre for immediate resolution of customer grievances. The company also promises free installation in most locations across the country along with quick and hassle-free on-site services.

Speaking about the new products, Mr. Bishan Jain, Director at Goldmedal Electricals, added, “We have established a reputation of being one of the most innovative companies in the electrical wiring devices segment over the last 40 years and it’s our promise to deliver the same level of quality in every product that bears the Goldmedal brand. With Goldmedal Water Heaters, customers will experience the latest product innovations, the highest possible levels of safety, and superior installation and after-sales services. Like with our other 21-11-2023 product categories, our aim will be to continue raising the bar in the water heating segment.”

All Goldmedal water heaters are rated 4-star BEE and above and offer up to 10 years of warranty. The company has ambitious plans for its water heater category, aiming to replicate the

New Delhi,22nd November 2023: In an era where the country’s fintech and startup landscape is evolving at an unprecedented pace, PayU, India’s leading online payment solutions provider, is leading the way with its three groundbreaking mobile app Software Development Kits (SDKs). These innovations are designed to address the critical need for seamless payment experiences on mobile devices, improving transaction success rates by upto 5-6% in a market that’s marked by skyrocketing digital payment adoption led by one of the world’s highest smartphone penetration.

PayU’s latest SDK releases exemplify the company’s commitment to product and tech excellence across devices & platforms. These SDKs are engineered to simplify the payment process, reduce checkout steps, and elevate transaction success rates across a range of payment methods.

Native Payment Experience on 3DS 2.0: PayU is proud to be the first in the industry to launch a seamless Native OTP experience for card transactions through an EMVCo-certified SDK. This solution guarantees 100% coverage across all issuers and cards, while ensuring compliance with global security standards.

UPI BOLT: PayU and Axis Bank’s pioneering solution revolutionizes UPI payments. Built on NPCI’s robust UPI Plug In SDK infrastructure, it empowers merchants to integrate PayU’s UPI BOLT SDK with minimal changes, providing a simplified and efficient payment experience. This solution will greatly improve end-to-end SR, eliminating any third-party redirection and streamlining accounts and balances for users. This would help in enhancing the overall customer experience and help in greatly reducing cart abandonment & customer drop-offs.

One-Click Net Banking: PayU’s collaboration with MinkasuPay introduces a game-changing biometric solution that redefines net banking. By removing the need for usernames, passwords, and OTPs, this partnership streamlines the customer journey within merchant apps, compressing a complex 30-step process into a seamless one-click experience. Customers of PayU’s partner banks can effortlessly use their fingerprint or Face ID for payments, with the added option of a secure PayPIN. This helps improve improve transaction success rates by 10-15% across supported banks.

Manas Mishra, CPO – PayU said, “In a country where over 72% of transactions are projected to be digital by 2025, it’s crucial for businesses to adapt to the changing payment landscape. Our cutting-edge SDKs are designed to capture this immense potential by solving for three of the most popular payment methods – Cards, UPI & Net Banking. With these innovations, and strong ecosystem partners like NPCI & Axis Bank, we’re paving the way for businesses to seize the opportunity presented by India’s booming digital economy.”

These innovative SDKs come at a time when businesses strive to boost conversions by simplifying the payment process and offering a frictionless experience to customers across devices & platforms. PayU’s latest developments are set to make online transactions more accessible, secure, and efficient for everyone.

Siemens Digital Industries Software announced today that Red Bull Ford Powertrains has leveraged the Siemens Xcelerator portfolio of industry software to rapidly develop the next generation hybrid ICE/electric driven Power Unit (PU) for the Formula 1 2026 racing season.

For the 2026 season, Red Bull Ford Powertrains will build power units for both the Oracle Red Bull Racing and Scuderia Alpha Tauri F1 Teams and will be one of only six manufacturers supplying power units for the F1 series. From the announcement of its intent in 2021, Red Bull Ford Powertrains has set an ambitious goal of developing 2026-specification sustainable high-speed power units from the ground-up, while meeting new specifications from F1. Like any start-up, Red Bull Ford Powertrains is breaking new ground with every component design, especially given the lack of historical data, in the extremely secretive world of powertrains development.

Ben Hodgkinson, Technical Director, Red Bull Powertrains Ltd said “Siemens Xcelerator is the digital backbone of our design and manufacturing journey, enabling us to concurrently engineer hundreds of rapid design evolutions across a large newly formed team; ensuring each designer has visibility and knowledge of what their colleagues are working on.

“It is especially challenging as we don’t have the luxury of historical data; every component, down to the nuts and bolts of the engine, has to be modeled from scratch. This means the design quality and ease of use from Siemens’ NX, combined with collaboration and lifecycle management with Teamcenter, is a critical factor for success.”

In addition to Siemens’ NX™ software for product engineering and Teamcenter® software for product lifecycle management (PLM), the Red Bull Ford Powertrains team leverages the simulation and test capabilities of Siemens’ Simcenter™ STAR-CCM+™ software to assist with design and validation across the project.

“The motorsport industry is aggressively pursuing a cleaner, more sustainable future that requires radical reinvention of how teams and suppliers approach all aspects of their development activities. By leveraging the benefits of digital transformation, delivered through the use of Siemens Xcelerator, we’re able to help motorsport partners in the field with their discovery, invention and ultimately, delivery of new cleaner solutions on the track, where rubber meets the road, in timescales previously thought unattainable,” said Robert Jones, executive vice president, global sales and customer success, Siemens Digital Industries Software. “We are delighted to play a part in the success of the Red Bull Ford Powertrains team in achieving its goal to bring greater sustainability to motorsport and to meet the requirements for fossil carbon free performance, greater use of electric power and energy recovery for the 2026 racing season.”

Siemens Digital Industries Software helps organizations of all sizes digitally transform using software, hardware and services from the Siemens Xcelerator business platform. Siemens’ software and the comprehensive digital twin enable companies to optimize their design, engineering and manufacturing processes to turn today’s ideas into the sustainable products of the future. From chips to entire systems, from product to process, across all industries. Siemens Digital Industries Software – Accelerating transformation.

Siemens Digital Industries (DI) is an innovation leader in automation and digitalization. Closely collaborating with partners and customers, DI drives the digital transformation in the process and discrete industries. With its Digital Enterprise portfolio, DI provides companies of all sizes with an end-to-end set of products, solutions and services to integrate and digitalize the entire value chain. Optimized for the specific needs of each industry, DI’s unique portfolio supports customers to achieve greater productivity and flexibility. DI is constantly adding innovations to its portfolio to integrate cutting-edge future technologies. Siemens Digital Industries has its global headquarters in Nuremberg, Germany, and has around 76,000 employees internationally.

Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare.

In fiscal 2023, which ended on September 30, 2023, the Siemens Group generated revenue of €77.8 billion and net income of €8.5 billion. As of September 30, 2023, the company employed around 320,000 people worldwide. Further information is available on the Internet at www.siemens.com.

GURUGRAM, India –22nd November 2023: – Samsung Electronics today was recognized by Interbrand, a global brand consultancy, as a “Global Top 5” brand for the fourth year in a row. Interbrand releases its list of “Best Global Brands” each year, and on this year’s list, it was revealed that Samsung’s brand value reached $91.4 billion and grew by 4% year-on-year.

Samsung’s brand value increased across all business areas in 2023 despite sluggish demand in the global IT industry. According to Interbrand, Samsung Electronics’ evaluation was positively influenced by the following:

• Consistent company-wide improvement of the customer experience based on the “One Samsung” strategy.
• The increased level of connectivity and enhanced gaming experiences through the company’s wide-ranging product portfolio and SmartThings.
• The company’s role as a leader in future innovative technologies such as 6G, artificial intelligence (AI), automotive, augmented reality (AR) and virtual reality (VR).
• Consistent actions to strengthen ESG leadership through eco-conscious activities across all product lines.

“Thanks to the support of our customers around the world, Samsung Electronics’ brand value has continued to grow steadily, despite an overall challenging business environment,” said YH Lee, President of the Global Marketing Office at Samsung Electronics.

“We will always strive to be a brand that is loved by our customers through leading in technology innovation, enabling meaningful experiences and continuing our sustainability efforts.”

Brand Value Driven by SmartThings, Gaming Experience, Industry-Leading Innovations and ESG Leadership

Late last year, Samsung Electronics established the Direct-to-Consumer (D2C) Center under the Global Marketing Office to provide an integrated online and offline experience. The company also has the CX-MDE Center — which is responsible for strengthening the multi-device experience — to increase synergy between products and improve the overall customer experience.

Partnerships were also a major factor that drove Samsung’s brand value over the past year. Based on SmartThings, which provides a unified connectivity experience, Samsung is further strengthening its open partnerships to connect not only its own products but also various third-party devices. In addition, the partnerships with various companies across mobile, tablet, TV, PC and monitor products provide customers with an optimized gaming experience.

Samsung continues to invest in leading future technologies such as 5G/6G, AI and automotive that will enable and empower the consumers of tomorrow. In the semiconductor sector, the company was recognized for its industry-first innovations such as 12nm-class DDR5 DRAM and for actively addressing the promising industries from AI to automotive and advanced mobile devices.

ESG has been a major focal point, as the company’s eco-conscious activities are making an impact. Samsung’s efforts include increasing the usage of recycled materials, such as plastics from discarded fishing nets, glass and aluminum in Galaxy S23 and Galaxy Z Flip5ㆍFold5 series, open licensing of solar cell remote technology used in TVs, working together with Patagonia on the Less Microfiber™ Filter for washing machines and introducing AI energy mode in SmartThings Energy.

Samsung’s Recognized Efforts in Each Business Division

Mobile

• Camera innovation of the Galaxy S23 series based on customers’ insights
• Launching the “Join the Flip Side” campaign and maintaining its leadership in the foldable phone category
• Strengthening its position in the gaming industry to optimize gaming performance in the Galaxy devices by working
• Consistently enhancing the accessibility of its products and services, including the “Ambient Sound” feature on the Galaxy Buds
• The Samsung Global Goals app to mobilize the Galaxy community and educate them about ways to support the Global Goalsith industry leading gaming partners

Networks

• Pioneering 5G innovation through technical leadership such as 5G virtualized Radio Access Network (vRAN) and Open RAN
• Strengthening its position in the 5G industry through strong partnerships with global Tier 1 telecommunications operators
• Communicating the sustainability aspects of Samsung’s 5G network technology

Visual Display

• Consolidating global market leadership through continuous product innovation, including Neo QLED 8K and Micro LED
• Strengthening its position in the gaming industry through innovative products such as the Odyssey Ark, the Samsung Gaming Hub and partnerships with global leading game streaming services
• Enhancing accessibility through Relumino Mode1 and RNIB (Royal National Institute for Blind People) partnerships

Home Appliances

• Maintaining global leadership in major home appliance categories such as refrigerators and washing machines
• Enhancing user experience throughout product life cycle based on customer insights
• Introducing a new role for home appliances with Bespoke products and winning CES Innovation Award, iF Design Award and more

Semiconductor

• Delivering industry-first innovations, such as 12nm-class DDR5 DRAM and solidifying market leadership
• Strengthening partnerships in high growth areas such as AI and automotive
• Expanding Exynos applications into wearables and 5G
• Enhancing credibility with ISOCELL sensors in flagship smartphones from major manufacturers

Consistently strengthening ESG communications

Interbrand’s Best Global Brands are listed according to the evaluation of each brand value, which is a result of comprehensive analysis of the financial performance of the company, the influence of the brand on customer purchases and brand competitiveness. It is a brand value evaluation with one of the longest histories in the world and is widely recognized for its credibility.

Samsung Newsroom India: Samsung Electronics Ranked as a Top Five Best Global Brand for the Fourth Consecutive Year

Bangalore, 22nd November 2023:: IndusInd Bank, a Global Partner of the ICC, is delighted to witness the success of the ‘Anthem Companion Programme’ at the ICC Men’s Cricket World Cup 2023, which has not just made a remarkable brand presence for IndusInd Bank, but also has deepened the engagement with its valued employees, customers and stakeholders throughout the tournament.

Under the Anthem Companion programme at the ICC Men’s Cricket World Cup 2023, IndusInd Bank’s customers, employees and stakeholders were given the opportunity to get their children to participate in the teams’ walk out onto the field before the start of match and pay respect to the national anthems, creating a memorable experience during the Cricket World Cup. More than just a series of events, the programme enriched the overall experience with exclusive on-field access, engaging brand activations and the chance to witness some of the best cricketing action.

The Anthem Companion programme of ICC Men’s Cricket World Cup 2023 has created memorable moments for 1440 children and their respective parents over 48 matches spread across 10 cities, Ahmedabad, Hyderabad, Chennai, Pune, Bengaluru, Kolkata, Dharamshala, Mumbai, Pune and Lucknow fostering a sense of shared enthusiasm for the sport. Here are experiences as narrated by the proud parents whose children were part of the Anthem Companion Programme:

Sachin Gogia, a customer of IndusInd Bank who attended India vs Netherlands match in Bengaluru with daughter Grace Gogia, expressed, “We thoroughly appreciate that our daughter Grace was given an opportunity to walk alongside the players for Anthem companion programme that was hosted just before the India vs Netherlands cricket match in Bengaluru on 12 November 2023. Our daughter was very happy with the entire experience and shall cherish this moment forever. Thank you IndusInd Bank for making our Diwali so special.”Below is the photo of Grace Gogia, being part of Anthem Companion programme:

 

 

 

 

 

 

Parameswaran GopalaKrishnan, a customer of IndusInd Bank who attended England vs Sri Lanka match in Bengaluru with his son Akhilesh Gopal Krishnan, expressed, “On behalf of my son Akhilesh Krishna and entire family, I am very appreciative to IndusInd Bank for giving my son a unique opportunity to be with England cricket team during the Anthem Companion programme which was hosted just before the England vs Sri Lanka cricket match at Bengaluru on 26th October 2023. It was a big opportunity for my son Akhilesh and he thoroughly enjoyed every moment of being a part of Anthem Companion Programme. This day will always be remembered with a special gratitude to the IndusInd Bank.”

Debabrata Roy, an employee of IndusInd Bank’s Bangalore branch, who attended India vs Australia match with his son Prajwal, expressed, “My son Prajwal Roy was fortunate to participate in the Anthem Companion programme which was hosted just before the start of the India Vs Australia’s world cup match at Chennai on 8th Oct 2023. As an IndusInd Bank employee and a proud father, when my son Prajwal was singing National Anthem along with legendary world cup players, I had goosebumps watching him as one of the 40,000 spectator from the stadium and millions watching it live on their TV sets.”Below is the photo of Prajwal Roy, being part of Anthem Companion programme:

Rohit Rai Sharma, an employee of IndusInd Bank’s Moga branch, who attended the England Vs Bangladesh match with his son Navansh, shared his gratitude, “My child’s dream came true when he was accompanying his cricket idols for the National Anthem celebration which was hosted just before the England vs Bangladesh cricket match at Dharamshala on 10th Oct. Being a part of the National Anthem program for the ICC World Cup Match at India’s most beautiful stadium, Dharamshala, is a lifetime memory for our 7 year-old son, Navansh. This event will help kids realise the importance of hard work in life and that dreams do come true!”Below is the photo of  being part of Anthem Companion programme:

Bangalore,22nd Nov 2023: HDFC Top 100 Fund, an open-ended equity scheme predominantly investing in large-cap stocks (“the Fund”), has successfully completed 27 years of operation in 2023. Over the past 27 years, the Fund hasdelivered Compound Annual Growth Rate (CAGR) of ~19%. Further, a SIP of Rs 10,000 invested systematically on the first business day of every month (total investment Rs 32.40 Lacs) in HDFC Top 100 Fund would have grown to Rs. 6.88 crores by September 29, 2023(See complete performance details below). This performance is a testament to the fund’s ability to navigate market fluctuations and deliver steady growth to investors.

The portfolio construction follows a bottom up approach to stock picking blended with top down sector and macro trends. The Fund follows a diversified style with a blend of GARP (growth at reasonable price) and value. In stock selection, the focus is on qualityof business models, management and financial metrics. Portfolio construction is based on risk-reward of opportunities available at anygiven point in time. As per the mandate, more than 80% of the portfolio always remains invested in the well-established large capcompanies.The core of the portfolio construction is from a medium to long term perspective. The strategy will be in line with ourphilosophy of maintaining a disciplined approach of looking for quality companies at reasonable valuations.

There is lot of focus on risk management with activepositions being taken in a controlled manner while ensuring compliance with regulatory and internal risk guidelines. Any high conviction bets are taken after a consideredevaluation of the company’s positioning in the industry and the business cycle and regularly evaluated.The portfolio is well diversifiedin number of stocks and the fund manager takes measured sector deviations calls vs benchmark.

Large-cap stocks have historically demonstrated stability during economic fluctuations and have had better risk reward ratios.Further, the large cap index has outperformedmid and small cap indices in 7 out oflast 17 calendar years.Also, given the recent sharp outperformance of mid and small caps over large caps, the large cap segment now seems to be relatively attractive in terms of valuations and investors with medium to long term view may consider investing in HDFC Top 100 Fund.

Rahul Baijal, Senior Fund Manager – Equities, HDFC Mutual Fund, said “HDFC Top 100 Fund’s consistent performance over the past 27 years is a testament to our rigorous research, disciplined investment approach, and a focus on well-established businesses. Large-cap stocks offer stability and better risk adjusted return, making them an attractive option for investors looking for investment opportunities over the long term.”

MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.

Bengaluru, 22nd November 2023: Leading real estate developer Vaishnavi Group today announced the expansion of its partnership with Manipal Hospitals, India’s leading multi-specialty hospital chain to develop a built-to-suit hospital in South Bengaluru. This development assumes significance as there has been a significant uptick in the demand for quality infrastructure in the medical and wellness sector to cater to the growing medical needs of citizens.

Spread across a super built-up area of 3.3 lakh square feet, the proposed tertiary care hospital is being designed as a ‘World-class’ hospital with 250 beds offering a comprehensive range of curative and preventive healthcare services to a multitude of patients.

The project, named Vaishnavi Sushrutha, after the great Indian surgeon Sushrutha who is often touted as the ‘Father of Surgery’. Located on Kanakapura Main Road, the construction for the built-to-suit hospital began in March 2022 and will be completed by December 2024, making it one of the most advanced hospitals in the city.

Commenting on the development, Darshan Govindaraju, director at Vaishnavi Group said, “The needs of the medical and wellness industry have significantly evolved over the years and particularly with the COVD-19 pandemic accelerating the health awareness of the public and the introduction of highly specialised healthcare. We are delighted to extend our existing partnership with Manipal Hospitals to develop a built-to-suit hospital with state-of-the-art design to house the most advanced healthcare professionals and equipment. This is also a testament of the industry leaders identifying Vaishnavi as their preferred partner for their highly specialized needs”.

“As an organization committed to improving public health through industry-first medical interventions, we have been constantly identifying opportunities to provide enhanced healthcare across the city. In line with this, we are glad to work on our newest hospital on Kanakapura Main Road in partnership with the Vaishnavi Group.,” said spokesperson of Manipal Hospitals.

According to a report by international property consultant CBRE titled, “The Evolving Indian Healthcare Ecosystem”, India will require 1.3 billion square feet of additional healthcare space by 2030. The country will require 2.9 million additional hospital beds to reach the current global average of 3.2 beds per 1,000 persons. This assumes significance as India is fast becoming a popular destination among medical tourists coupled with a strong demand for private healthcare providers in both rural and urban centers, and the shift from disease cure to prevention and wellness are expected to drive this sector to greater heights in the future.

Hyderabad, November 21, 2023: Despite challenges across all fronts, India’s broiler production for 2019 is projected to increase by 7 percent to nearly 6 million tons, processed chicken meat demand is projected to grow between 10-21 percent and layer production is forecast at 125 billion eggs!

This success story –the envy of almost all developed nations – would not have been possible without the steadfast endeavours of Indian poultry farmers who have collectively raised poultry to become a phenomenal 120,000 crore industry and one of the prime sectors focusing on the food and nutritional security of the nation.

As the world’s 2nd largest egg producer, India today is the Third largest chicken producer after China and USA. “There is no gainsaying the fact poultry industry is playing a flagship role of being India’s champion to eradicate malnourishment and protein deficiency in the country,” said Uday Singh Bayas, President, Indian Poultry Equipment Manufacturers’ Association (IPEMA), organizers of this mega event in Hyderabad which is now in its 15th year.

Mr Uday Singh Bayas, President, – IPEMA was speaking at a media conference to announce the beginning of the 15th Knowledge Day Technical Seminar (November 21st) at HICC and the 15th Poultry India Expo (November 22-24) at HITEC City. He was joined by several members of the Executive Advisory Committee, all Industry stalwarts from across the country.

Poultry India Expo – South Asia’s biggest – has attracted a record 380 companies from India and 45 companies from abroad and is expected to draw over 30,000 business visitors across 32,500sqm and 6 exhibition halls at the HITEC venue which is the pride of Hyderabad. The 3-day exhibition starts on November 22. On November 21, the much acclaimed Knowledge Day will shed light on various factors that beset the poultry industry. More than 1500 delegates from India, Africa, Europe, the USA, and SAARC nations will listen to the world’s finest minds speak on the latest scientific innovations in breeding, hygiene, nutrition, animal health, poultry equipment, and marketing.