Archive: February 7, 2024

Karnataka Tourism Roadshow in Goa Showcases Unique Experiences

The Karnataka Tourism Roadshow that was held recently concluded successfully at the Fern Kadamba Hotel and Spa in Goa, eliciting significant interest from travel agents and industry stakeholders in the state’s diverse tourism landscape. Organized by the Department of Tourism, Government of Karnataka, in collaboration with Karnataka State Tourism Development Corporation Ltd (KSTDC), Jungle Lodges and Resorts, and other stakeholders, the event showcased Karnataka’s myriad destinations, experiences, and hospitality to the Goan travel community.

Key representatives from Karnataka Tourism presented the state’s rich cultural heritage, stunning landscapes, wildlife sanctuaries, adventure activities, and renowned pilgrimage sites. Interactive sessions highlighted unique experiences such as exploring Hampi’s historical grandeur, trekking in the Western Ghats, relaxing on pristine beaches, and immersing oneself in Karnataka’s vibrant festivals and art forms.

The roadshow facilitated valuable interactions between Karnataka tourism stakeholders and Goan travel agents, fostering partnerships. Over 50 travel agents and tour operators participated in B2B meetings, exploring collaboration opportunities to promote Karnataka as a preferred destination for Goan tourists.

Given the deep cultural connection and similar tourist profiles between Goa and Karnataka, the roadshow served as a platform to showcase diverse offerings, potentially increasing tourist flow between the two states.

With its diverse offerings and warm hospitality, Karnataka looks forward to welcoming travelers from Goa and beyond, promising an unforgettable travel experience.

Samsung Launches Galaxy XCover7, its First-Ever Enterprise Exclusive Smartphone

Bengaluru, India February 7, 2024 – Samsung, India’s largest consumer electronics brand, today launched its first-ever enterprise-focused smartphone – Galaxy XCover7, a powerful, rugged device, that offers exceptional usability. Galaxy XCover7, engineered to survive extreme conditions aims to ease the lives of professionals, providing faster connectivity, and seamless continuity, and minimizing the risk of interruptions caused by external factors, allowing them to work faster and smarter.

The Galaxy XCover7 will deliver enhanced mobility with 5G connectivity, upgraded mobile processor performance, and increased memory. Additionally, the Galaxy XCover7 comes with a new powerful rear camera optimized for single and multiple barcode/QR code scanning and expanded display size and resolution, providing users the ability to work in a variety of settings. The easy POGO charging pin for convenient recharging in any setting, and increased touch sensitivity to support usage even with the gloves on makes Galaxy XCover7 a reliable and convenience-oriented product.

Defined by its durability and cutting-edge features, the Galaxy XCover7 ensures seamless continuity and enhanced productivity that enable users to work from anywhere in the world. The smartphone series comes with an immersive, wide-screen display that enhances visual clarity, allowing users to work more efficiently even on the field. Knox Vault in Galaxy XCover7 helps protect the most critical data on these devices, including lock screen information like PIN codes, passwords, and patterns.

“At Samsung, our objective is to provide our users convenience and durability through our product offerings. We have introduced the Galaxy XCover7 series in two variants, the Galaxy XCover7 Enterprise Edition and Standard Edition. Both devices are engineered with cutting-edge technologies making them extremely powerful and resistant to tough weather conditions. Powered by Knox, we are excited to bring these revolutionary made-in-India products to our corporate customers and are optimistic that it will enhance employee productivity and ensure data security”, said Mr. Akash Saxenaa, Vice President, of Enterprise Business, Samsung India.

Built To Last With Next-Level Durability

With a robust case and a fortified glass display, the Galaxy XCover7 adheres to military-grade durability (MIL-STD-810H1) standards and has been rigorously tested to ensure it withstands severe weather conditions, including extreme temperatures and rain.

The IP68-rated2 smartphone is not only water and dust-resistant but is also built to withstand drops of up to 1.5 metres3, ensuring rough handling or accidents do not impact operations.

Engineered To Maximize Productivity and Security

Featuring a programmable key for customizable shortcuts and a powerful processor for fast performance, the Galaxy XCover7 empowers users to work better while its Samsung Knox Vault ensures the safety of their data, protecting critical information in separate, tamper-resistant hardware.

The device boasts of a 50MP rear camera and a 5MP front camera and offers 6GB of RAM paired with 128GB of internal memory, expandable up to 1TB via microSD card.

Veera, India’s first mobile only browser, unveils innovative engagement based rewards program

Mumbai, February 7, 2024: Veera, the pioneering mobile-only internet browser in India, is excited to introduce its unique rewards program. This initiative is designed to celebrate and appreciate users for their loyalty and engagement on the Veera platform. This is the first time a browser has launched its own rewards program, in India.

Veera’s rewards program sets a new standard in user-centric innovation by offering a seamless and gratifying browsing experience. As users explore the internet using the Veera browser, they will accumulate ‘Veera Points’, unlocking a realm of exciting possibilities for instant redemption or future use.

The key features of the rewards program include:

– Earn as You Browse: Users will be rewarded for their browsing activities, creating a dynamic and interactive experience that goes beyond traditional internet usage. – Flexible Redemption Options: Veera users can choose from a variety of redemption options, including tangible rewards such as Vouchers, Discounts or even opt for direct monetary rewards deposited directly into their accounts.

– Instant Gratification: The program enables users to redeem their points instantly, providing a real-time acknowledgment of their loyalty and engagement.

Arjun Ghose, Co-Founder & CEO, Veera, “Everyone’s internet journey begins with a browser; it serves as the gateway to the vast expanse of the internet. Veera was meticulously crafted to redefine the user’s digital experience, offering innovation and seamlessness with every click. The introduction of a rewards program for Veera was a deliberate choice, a way to reciprocate the loyalty of our users who invest their time exploring the digital realm through Veera. I am genuinely thrilled to unveil this one-of-a-kind rewards program as it signifies our commitment to enhancing and appreciating the user journey in the digital space.”

Akzo Nobel India announces Q3 and 9M financial results for 2023-24

Hyderabad, February 7, 2024

Akzo Nobel India announces Q3 and 9M financial results for 2023-24

Today, the Board of Directors of Akzo Nobel India Limited, a leading paints and coatings company and maker of Dulux Paints, approved the financial results for the quarter and nine months ended 31 December 2023.
Highlights:

Record performance across all metrics in absolute terms in Q3 and 9M of FY24

Q3 FY24 versus Q3 FY23:

• Revenue from operations at ₹1,032.7 crore, up by 5%
•  EBIT from operations at ₹146.3 crore, up by 20%
•  PAT at ₹113.8 crore up by 17%

9M FY24 versus 9M FY23:

•  Revenue from operations at ₹2,988.2 crore, up by 5%
• EBIT from operations at ₹409.8 crore, up by 32%
• PAT at ₹317.9 crore up by 33%

Commenting on the performance, Rajiv Rajgopal, Chairman and Managing Director, of Akzo Nobel India said,

“We continued to build on profitable growth in Q3 and nine months of FY’24.

For the first time, our quarterly topline has surpassed the milestone of ₹1,000 crore mark, led by double-digit growth in volumes. Our Coatings business and B2B segments sustained their robust growth trajectory. In the decorative paints business, retail saw strong volume growth in the quarter and saw margin improvements. While we continued to invest in our business and brands, our profitability was further strengthened due to raw material deflation and favourable mix coupled with operating leverage.”

Dividend proposal:

“The Board of Akzo Nobel India remains committed to enhancing value for its shareholders. Hence, based on the performance in the nine months ended 31 December 2023, the Board is delighted to announce an interim dividend of ₹50 per share for FY’24” said Mr. Rajiv Rajgopal, Chairman and Managing Director, Akzo Nobel India.

Recent highlights:

A slew of product upgrades across categories in Decorative Paints:

•  In the mass market, the Dulux Promise Interior and Exterior range’s new formulation now delivers higher coverage with good opacity, resulting in more savings for consumers.
•  In the premium interior emulsion segment, Dulux SuperCover is upgraded to Dulux SuperCover Ultra. Boosted with the new Silicon technology, the latest upgrade delivers a longer-lasting color with superior whiteness and comes with a4-year warranty.
•  In the waterproofing solutions segment, the performance of the Dulux Aquatech Flexible range of waterproofingbasecoats has been enhanced resulting in an upgraded warranty of nine years(on Dulux Aquatech Flexible Neo) and 12 years (on Dulux Aquatech Flexible Advance) with the topcoat.
•  In the professional segment, Dulux Professional Weathershield Prima E900 – the entry-level premium exterior offering now comes powered with advanced Silicon technology to offer a longer 6-year all-weather protection to project exteriors.

Award & Recognition:

 Akzo Nobel India has been honored to jointly win the Gold Award for ‘Excellence in Business Responsibility and Sustainable Reporting – Mid Cap (Manufacturing Sector)’ in the third edition of the Institute of Chartered Accountants of India’s Sustainability Reporting Awards 2022-23. This recognition underscores our continued commitment to business responsibility and sustainability initiatives in India.

Veena Developers Unveils Ground breaking Dil Se Deal Hai Campaign

Mumbai, February 7th, 2024 – Veena Developers, a leading name in the real estate industry, is set to revolutionise the home buying experience with its innovative campaign, “Dil Se Deal Hai,”

This unprecedented campaign offers customers an exclusive opportunity to avail themselves of free registration and stamp duty, coupled with the added perk of smart automation in their homes. Veena Developers aims to redefine the essence of a real estate deal by infusing it with a personal touch, echoing the sentiment of the campaign’s name, “Dil Se Deal Hai” (It’s a Deal from the Heart).

The offer extends across four distinguished projects, showcasing Veena Developers’ commitment to providing diverse living solutions. The projects covered under this extraordinary deal include Veena Smart Homes in Kandivali, Veena Suyog in Malad, Veena Synergy in Andheri, and Veena Solace in Santacruz.

Homebuyers stand to benefit significantly from this limited-time campaign, with potential savings ranging from a minimum of 9 lakhs to an impressive 24 lakhs. Veena Developers, known for their commitment to quality and innovation, are raising the bar yet again with “Dil Se Deal Hai.”

Commenting on the campaign, Nikunj Sanghavi Managing Director, Veena Developers, Treasurer – CREDAI MCHI said, “Our ‘Dil Se Deal Hai’ campaign is more than just a transaction; it is a heartfelt commitment to our customers. We understand the significance of owning a home, and this initiative is our way of making that dream even more attainable and special.”

“At Veena Developers, our vision has always been to create an ecosystem where everyone’s dream of owning a house becomes a reality. This campaign is not just a deal; it is a heartfelt commitment from our team to our home buyers.

We understand the emotional significance of a home, and ‘Dil Se Deal Hai’ is our way of ensuring that this dream is within reach for everyone. The savings of up to 24 lakhs during this campaign are a testament to our dedication to making homeownership accessible”, he added.

Veena Developers has earned a stellar reputation for delivering homes that blend modern amenities with thoughtful design, and “Dil Se Deal Hai” reinforces their dedication to enhancing the home-buying journey. The inclusion of smart automation adds a futuristic touch, ensuring that homeowners experience not just a residence but a technologically advanced and comfortable lifestyle.

As the campaign unfolds, Veena Developers anticipates a surge in interest from prospective homebuyers eager to capitalise on this unique opportunity. With “Dil Se Deal Hai,” Veena Developers continue to shape the future of real estate by prioritising customer satisfaction and delivering unparalleled value.

Veena Developers has strategically carved their market presence across key areas in Mumbai. In the realm of luxury and semi-luxury residential developments, their footprint extends gracefully across the vibrant neighborhoods of Kandivali, Andheri, Malad, Chembur, and Santacruz. Each location has been carefully chosen to reflect the essence of modern living, where their offering seamlessly blends comfort and sophistication.

Zanzi Tsuta: A Harmonic Blend of Japanese Culinary Excellence in an Extravagant Ambience

January 2023, New Delhi – Introducing Zanzi Tsuta, a cocktail bar nestled amidst the heart of Mehrauli, Delhi where tradition meets innovation, and every sip tells a story. This avant-garde cocktail bar transcends conventional norms by crafting a transformative and immersive journey for its diners, blending the pulse of Japanese culinary precision with the intimate ambiance of a Jazz Bar. Patrons are invited to savor crafted cocktails, and enticing aromatic flavours, and revel in an ideal setting for unfiltered moments of pure enjoyment.

At the core of Zanzi lies its plush interiors, exuding an opulent ambiance with elegant chandeliers and bathed in soft, dim lighting, the atmosphere captures the essence of extravagance and sophistication. The ornate interiors, coupled with meticulous attention to detail, ensure a versatile, comfortable, and alluring environment, promising an immersive experience that surpasses expectations.

Zanzi Tsuta’s culinary journey takes patrons through the authenticity of Japanese cuisine, prepared using genuine ingredients and served with finesse. This culinary haven fosters an environment where every dish is crafted meticulously utilising domestically sourced fruits and vegetables, ensuring an unforgettable gastronomic odyssey.

Embark on an artistic culinary expedition with Zanzi Tsuta’s food offerings, curated to showcase aromatic and authentic flavours. From the Amuse Bouche featuring Kaiso Tofu to the delightful Udon Noodle Soup or Seafood Miso Shiro, each dish is a testament to the culinary artistry that defines Zanzi Tsuta. Delight in the culinary symphony of Soba Noodle With Teriyaki Glazed Tofu Salad. Tofu Pepper Skewer, Tempura Asparagus Philadelphia Roll, and much more as the menu promises a burst of flavours that linger on the palate. Conclude your culinary journey with Japanese Flavoured Mini Pastries and much more, offering a sweet symphony that captures the mere essence of the traditional culture.

Zanzi Tsuta stands as a beacon for those seeking an immersive culinary journey. Each element is carefully curated to deliver an unparalleled experience, positioning Zanzi as the ultimate destination for those who crave the extraordinary.

Vikaash Khdloya joins Property Share as the newest member on the Advisory Board

National, 7th February 2024 – Property Share, India’s first and largest tech platform for commercial real estate, announced the appointment of Mr. Vikaash Khdloya, as a Senior Advisor to its Advisory Board. He joins Mr. C B Bhave ex-Chairman of the Securities and Exchange Board of India who is already on the Advisory Board.

Vikaash Khdloya is the founder of Boundless Capital and brings with him more than 17 years of experience in real estate investment and management, first as a
Managing Director at The Blackstone Group (where he spent 8 years from 2011 to 2019), the world’s largest alternative investment manager with more than
$1 trillion in assets under management and later as the Chief Executive Officer of Embassy Office Parks REIT, India’s first and Asia’s largest REIT by size.

Kunal Moktan, CEO and Co-founder of Property Share said, “We are excited to welcome Vikaash to PropShare’s Advisory Board. Vikaash brings with him extensive experience in the real estate industry having seen it from both the
investment side at Piramal and Blackstone and operating side as CEO of a $4 billion publicly listed REIT. He is perhaps the only person to have come from this unique background and we look forward to leveraging his experience as we scale Property Share.”

Mr. Vikaash Khdloya said, “Property Share has built a first-class and unique platform for tech-enabled real estate investing. It has pioneered the democratization model enabling a wider investor pool to participate in India’s
real estate growth opportunity. I am excited to join its advisory board and look forward to working with the platform as it scales across products and geographies.”

ICICI Bank inaugurates 105th branch in Jaipur

Jaipur: ICICI Bank has set up a branch at Sansar Chandra Road in Jaipur, the 105th branch of the Bank in the city. The branch is equipped with an ATM-cum-Cash Recycler Machine (CRM) to offer cash deposit and withdrawal services to customers.

Mr. Naresh Gupta, Director, Gupta Prime Ispat Pvt. Ltd., inaugurated the branch in the city.

The branch offers a comprehensive range of accounts, including savings and current accounts, trade and forex services, fixed and recurring deposits, loans- business loans, home loans, personal loans, auto loans, and gold loans along with remittance and card services to the resident as well as non-resident Indians. It further provides locker facilities at its premises. It operates from 9:30 A.M to 3:00 P.M on Monday to Friday and on the first, third, and fifth Saturdays of the month.

The branch also offers a Tab Banking facility that provides nearly 100 services at the customer’s place by an employee through a tablet device. The services include opening of accounts, Fixed Deposit (FD), raising checkbook requests, generation of e-statements, and change of address, among others.

ICICI Bank has a network of about 550 branches and 970 ATMs and cash recycling machines (CRMs) in Rajasthan. The Bank has the largest branch network among private-sector banks in Rajasthan. Half of its branches remain in rural and semi-urban areas of the state.

ICICI Bank services its large customer base through a multi-channel delivery network of branches, ATMs, call centers, internet banking (www.icicibank.com), and mobile banking.