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Tag: Bangalore

ACKO Launches ‘ACKtually Speaking’ ft R Madhavan; Addresses Key Financial and Social Topics Impacting Customers Today

Bangalore, 20 April, 2024 – ACKO, an insurtech company, has launched a podcast series, ‘ACKtually Speaking with Maddy’, hosted by their brand ambassador, R Madhavan. The podcast series aims to address challenges and questions that individuals face in their financial lives that often remain unanswered. The series will have honest and upfront conversations with prominent guests and experts across industries who will navigate socially relevant topics that may also have a financial impact, such as untimely illness or death, stress, parenting, etc with R Madhavan. The podcast series is designed to be thought-provoking, while offering actionable insights, making it a reliable and authentic knowledge base.

Through this innovative platform, ACKO is committed to driving positive change for all. The podcast series aims to cover topics that are most relevant and not covered or comprehensively addressed across many other sources and also offer actionable insights to the listeners that can be easily understood and implemented. This is aligned to the company’s overall strategy of making financial decisions convenient, transparent, and accessible to all Indians.

The first episode of the series tackles the disconnect between the way life insurance is sold and what the product is meant for. Host R Madhavan dives deep with Varun Dua, challenging the perception of insurance as a tax-saving scheme that can provide returns. Instead, it positions insurance as a crucial tool for securing one’s future. The episode goes beyond product features and addresses the social stigma around death and the troubles that families go through when a loved one passes away without a will. It offers a comprehensive and empathetic exploration of life insurance.

Varun Dua, sharing his thoughts on the podcast series, said, “Acktually Speaking tackles the complexities and grey areas that all of us face in our financial lives. Our goal is to break the taboo or social stigma around these conversations and help listeners understand the impact that their financial choices can have on their lives.” R Madhavan echoed the same sentiments and said, “A lot of us refrain from asking questions because we feel we might be judged or we might offend those close to us, so we hesitate. We also end up feeling lost or unsure in terms of whom to ask or trust with such advice. But what if we could unpack these questions together, in a way that’s authentic and honest? That’s the spirit behind Acktually Speaking. We’re starting with life insurance, a topic that sparks confusion for many but this is just the first chapter. Acktually Speaking aims to be your guide, fostering conversations around the questions we’ve all grappled with but never quite dared to ask.”

The first episode also addresses various other critical themes of life insurance, shedding light on significant disparities between Western and Indian perspectives on death planning, common mistakes Indians make while purchasing insurance, the importance of refraining from seeking investment returns on insurance, and practical advice on estimating life insurance needs. Additionally, the episode highlights the potential financial vulnerabilities faced by Indians in their 30s due to inadequate planning.

IBM and Microsoft Collaborate to Launch Experience Zone in Bangalore

Bangalore, India – 5 April 2024: IBM Consulting and Microsoft today announced the opening of the IBM-Microsoft Experience Zone in Bangalore, India – a first of its kind for the collaboration. The Experience Zone provides a dedicated space for clients to explore how generative AI, hybrid cloud and other Microsoft products and technologies can accelerate their business transformation journeys and help them gain a strategic advantage.

At the Experience Zone, clients from around the globe and across industries can work with IBM Consulting, in various technology zones, to co-ideate and co-create generative AI powered solutions that leverage Azure OpenAI Service, Copilot and other Microsoft technologies. Within the technology stations, clients can explore business solutions for cloud modernization, data, analytics and advanced AI, customer relationship management, employee experience, finance and operations, IoT and edge, and emerging technology including augmented reality and virtual reality. The Experience Zone also highlights industry solutions for the government, retail and energy sectors.

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The IBM-Microsoft Experience Zone will provide clients with access to learn more about how to elevate employees’ talents with next-generation skills and access best-in-class case studies. Clients will have opportunities to connect with peers who are harnessing the power of generative AI in today’s competitive marketplace.

“The Experience Zone represents the shared commitment of IBM Consulting and Microsoft to the co-investment, co-creation and co-delivery of joint solutions for our clients,” said Amit Sharma, Managing Partner – Global Delivery, IBM Consulting. “It brings our ‘better together’ philosophy to life, serving as a hub to foster collaboration and creativity. We are excited to present our clients with the opportunity to leverage the joint capabilities of IBM Consulting and Microsoft under a single roof and help them unlock the full potential of AI and hybrid cloud across the enterprise.”

“We are excited to launch the new Experience Zone in collaboration with IBM, bringing together IBM Consulting’s expertise and Microsoft Cloud technologies and services to deliver value for clients,” said Dinis Couto, General Manager of Global Partner Solutions for Microsoft. “Partners like IBM are key to helping businesses deploy AI and hybrid cloud solutions at scale. This brings us closer to clients and underscores our progress as partners.”

More than 930 St. George’s University Students Secure U.S. Residencies in 2024 Match

Bangalore, India (April 4, 2024) — St. George’s University (SGU) School of Medicine in Grenada, the Caribbean announced that more than 930 of its students and graduates have secured post-graduate residencies at health centers around the United States in the 2024 match cycle.

This marks the 10th consecutive year in which SGU has been the largest provider of new doctors to first-year U.S. post-graduate residencies. Notably, among these successful matches are 23 Indian students who have earned placements in residency programs across the United States.

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Dr. Marios Loukas, Dean of the St. George’s University School of Medicine said: “Match Day is a pivotal moment in a new doctor’s career. The entire St. George’s University community looks forward to this day, and together we congratulate this remarkable class of medical students on their success.”

SGU students and graduates matched into residences in 22 specialties across 40 states and the District of Columbia.2 St. George’s University graduates will begin residency programs in several highly competitive specialties, ranging from urology and neurology to emergency medicine and pediatrics.

“Each one of these matched students represents the next step in a dream come true, and each one is a vital addition to the availability of care, and to the medical professional community,” said Dr. Loukas.

“I was absolutely thrilled to discover that I had secured a spot at my top-choice residency program. This achievement feels like the realization of a long-held dream. As a non-US citizen, the challenge of securing residency in the US can be daunting, but SGU’s extensive network of hospital affiliations gave me invaluable opportunities to connect with physicians across various specialties, facilitating a strong reputation in the medical community,” said Varshita Tumkur Panduranga, MD’24, speaking about her Match Day experience. “Engaging in the intellectually stimulating realm of internal medicine, I aim to master deductive reasoning to deliver optimal care. The hospital where I have matched serves an underserved population, and I am eager to work in that environment and make a meaningful impact on their lives.”

Since 2015, St. George’s University has been the largest provider of new doctors to the U.S. healthcare system annually. 1 More than two-thirds of SGU graduates enter primary care specialties, and a number of SGU alumni work in medically underserved areas.

“St. George’s University graduates have been meeting the medical needs of communities across the United States for decades,” Dr. Loukas said. “We look forward to seeing all the great things that this newest class of SGU graduates will accomplish.”

Indian investors invested USD 335 Mn in Dubai’sMarket in H1 2023 (Jan to June) – Vestian

Bangalore, 26th December: Dubai witnessed significant investments (FDI) from Indian investors, amounting to USD 1.6 Bn between 2020 and H1 2023. Dubai’s strategic location along with tax-friendly policies act as a key incentive for Indian investors and business owners who are looking to expand into new markets.

 Indian investments (FDI) in Dubai nearly doubled from 2020 to 2022, reaching USD 541 Mn in 2022. Moreover, the first six months of 2023 accounted for 62% of investments (FDI) in the whole previous year. Indian investors made significant purchases, exceeding USD 4 Bn, in Dubai’s residential market in 2022.

 As COVID-19 receded, Indian investors consistently increased their investments in Dubai, showcasinga notable uptrend since 2020. The investment amount nearly doubled from 2020 to 2022, reflecting positive momentum. This optimistic trajectory is expected to continue and align with Dubai’s economic agenda outlined in D33.

 In the first six months of 2023, India was amongst the top countries investing in Dubai with a cumulative investment of $335 million, in terms of investments in the number of projects, India has outnumbered Canada and Latvia with investments in a total of 123 projects, leading international property consultant Vestian which provides occupier focused solutions for commercial, residential, industrial, retail and hospitality sectors said in a release citing data from Dubai Land Department.

Indian Investments in Dubai

Year Foreign Direct Investments (USD Mn) No. of Projects
2020 316 29
2021 362 78
2022

541

142
H1 2023 335 123

 UAE aims to double Dubai’s GDP by 2033 and position itself as a global economic hub, Indian investors are leveraging upon opportunities presented by the Emirate’s dynamic real estate market and investor-friendly policies. The ongoing positive trajectory is a testament to the mutually beneficial relationship between India and UAE, which has been further cemented by the signing of the Comprehensive Economic Partnership Agreement (CEPA) in 2022, contributing to the ambitious economic goals outlined by the UAE government says Mr Shrinivas Rao, FRICS, CEO, Vestian

 As per Dubai FDI monitor, substantial investments from India have been directed towards the IT services and business services sectors. By the conclusion of the second quarter of 2023, Indian investors had invested USD 10.5 Mn, mostly in greenfield projects.

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Mr Rao further adds Dubai has emerged as a top choice for investment destination for Indian individuals and businesses, offering a favourable alternative to significant tax obligations in their home country. The recent announcement of a transnational rail and shipping route connecting India-Middle East-Europe corridor during the G20 summit is expected to improve connectivity between UAE and India, fostering economic development.

International Yoga Day: G4S hosts a physical and virtual Yoga Session in Delhi, Bangalore & Goa

International Yoga Day: G4S hosts a physical and virtual Yoga Session in Delhi, Bangalore & Goa

Ahead of the theme of Yoga for Humanity, a mega effort is being made to take yoga to 100,000-plus employees all across the country. Given the unique challenges that employees in various security and facility roles face, especially on the frontlines, experts were invited to curate a specific programme and techniques that are meaningful and effective for different roles operating in various environments.

Employees are stationed in diverse locations, each with its own set of challenges and risks, and are doing different jobs. At some locations, this necessitates alertness, responsiveness, and agility whereas at some others it demands physical stamina to work in extreme weather conditions. With the aid of yoga, G4S is aiming to impart the advantages of physical and mental fitness.

Easy breathing practices, simple asanas for improved circulation, guided relaxation, and the advantages of physical and mental health were all addressed throughout the instructive yoga session conducted by trained yoga specialists and trained G4S employees who are yoga professionals themselves.

The health and safety of all customers and workers is a top priority for G4S, and the company also maintains relationships with their families, who are considered extended members of the G4S family. The ongoing training aims to teach the benefits of right exercise, breathing, relaxation, proper food, positive thinking, and meditation to reduce anxiety and stress via healthy exercise, mindfulness, and knowledge of self-care.

Rajeev Sharma, Country Managing Director, G4S India said, “At G4S, we are entrusted with the safety and security of our clients and communities. For this, our colleagues on the frontlines have a challenging job that requires their full focus. We organized multiple yoga sessions, to help them cope and feel relaxed and energized from a hard day at work. With a large workforce coming from education and economic conditions that have little emphasis and awareness on self-care, Yoga Day is an opportunity to emphasize overall well-being and encourage more people to use this as daily life practice and just not a one-time activity.”