Category Archives: Business

Business

BSA Motorcycles Delivers Rajasthan’s First Gold Star 650 to Prince Lakshyaraj Singh Mewar of Udaipur

BSA Motorcycles Delivers Rajasthan’s First Gold Star 650 to Prince Lakshyaraj Singh Mewar of UdaipurChandigarh/Udaipur, September 13, 2024: BSA Motorcycles, the iconic British brand proudly delivered the first BSA Gold Star 650 in Rajasthan to Prince Lakshyaraj Singh Mewar of Udaipur. A grand collector of heritage artifacts, including crystals and antique cars, Prince Lakshyaraj has now added the legendary Gold Star 650 to his remarkable collection. The handover took place in a private ceremony at his residence in Udaipur, with the motorcycle taking its place alongside other treasured vehicles displayed in the city’s renowned palace, open to the public.

Launched in India on August 15, 2024, the BSA Gold Star 650 embodies the perfect fusion of classic British design and modern technology. With a legacy dating back to 1903, the BSA mark has been a symbol of motorcycling excellence and remains a significant part of British engineering history—now proudly welcomed into Udaipur’s prestigious automotive collection.

Commenting on this latest addition to his collection, Prince Lakshyaraj Singh Mewar stated, “The BSA Gold Star 650 is a masterful blend of tradition and innovation. I have always admired vehicles with a rich history, and the Gold Star represents the best of both worlds—heritage and modern craftsmanship. It’s an honor to include this iconic motorcycle in my collection, where it will stand alongside other vehicles that have shaped automotive history.”

Ashish Singh Joshi, Director, BSA Company, said, “The BSA Gold Star 650 holds a special place in the hearts of those who appreciate history and craftsmanship, much like the esteemed collection curated by Prince Lakshyaraj Singh Mewar. It is a privilege to present him with this timeless motorcycle, which we hope will bring him immense joy as both a collector and a rider.”

The BSA Gold Star 650 blends vintage styling with modern engineering, staying true to its British roots while incorporating state-of-the-art features. Key highlights include:

  • India’s Largest Single-Cylinder Engine: A liquid-cooled 652cc engine, offering robust performance.
  • Segment-Leading Output: With 55Nm of torque and 45.6PS of power, the Gold Star delivers performance worthy of its legendary name.
  • Best-in-Class Components: Equipped with Brembo brakes and dual-channel ABS for superior control, along with aluminium Excel rims and Pirelli tyres, ensuring top-notch handling and safety.
  • Classic British Design: The understated elegance of the Gold Star is enhanced by modern digital-analogue instrumentation, striking a perfect balance between tradition and innovation.
  • Color Options: Six stunning colour variants are available, including the Legacy Edition in Silver Sheen, paying homage to the original design.

The BSA Gold Star 650 marks the brand’s leading charge into the Indian market, carrying forward a legacy that resonates with motorcycle enthusiasts around the world. First introduced in 1938, the original Gold Star set multiple speed records and dominated racing circuits, earning its place as the “gold standard” for performance motorcycles.

Meticulously designed by Redline Studios in the UK and engineered by Ricardo, the new Gold Star merges classic British craftsmanship with cutting-edge global expertise, including engine refinement by the Technical University of Graz. This collaboration ensures that the new BSA Gold Star retains its historic charm while offering a ride suited for modern-day motorcyclists.


Mansi Praharaj

Business

Apptile Secures $1.2M in Fresh Funding to Democratize No-Code Mobile App Development for Businesses

Apptile Secures $1.2M in Fresh Funding to Democratize No-Code Mobile App Development for BusinessesBengaluru, India 13th September, 2024: Apptile, a leading no-code mobile app development platform, announced today the successful raise of $1.2 million in additional funding. This latest investment, led by Singularity Early Opportunities Fund with participation from Crown Trust and DeVC, brings the company’s total funding to $3.7 million.

This new injection of capital will be used to further enhance Apptile’s platform, expand its product offerings, and accelerate the company’s growth in making mobile app development more accessible to businesses of all sizes. By eliminating the need for traditional coding, Apptile empowers companies to build powerful, fully customized mobile apps with the same ease as designing a presentation.

Launched in 2023 by Rohit Modi, Samyam Annappa, and Vishal Sood, Apptile has experienced rapid adoption, particularly among e-commerce and direct-to-consumer (D2C) brands. The platform has enabled over 300 brands to develop and launch their own mobile apps, offering a seamless user experience without the need for technical expertise. Last month, the company launched its live commerce solution, allowing creators and brands to deliver interactive shopping experiences directly within their apps. A portion of the new funding will be allocated to expanding Apptile’s product suite, driving further innovation in the mobile app space.

“At Apptile, our mission is to give every business the ability to leverage mobile technology to foster customer engagement and fuel growth,” said Rohit Modi, Co-Founder and CEO of Apptile. “This additional funding accelerates our ability to expand our platform and introduce new features that serve businesses across a wide range of industries. We’re excited to have the continued support of Singularity and our investors as we work to democratize mobile app development.”

Apptile’s intuitive drag-and-drop platform makes it possible for businesses to create fully branded, native mobile apps without writing a single line of code. The platform offers a robust library of pre-built components and seamless integrations with third-party APIs, providing unparalleled flexibility for businesses looking to build apps that reflect their unique brand identity and optimize their customer journey.

“Apptile’s platform is transforming the way businesses approach mobile app development,” said a spokesperson from Singularity Early Opportunities. “The team’s vision, technical expertise, and focus on customer success have already yielded impressive results. We’re excited to support Apptile as they continue to innovate and empower businesses across industries to succeed in the mobile-first world.”

As businesses continue to prioritize mobile-first strategies, Apptile is well-positioned to meet the growing demand for efficient and user-friendly app development solutions. The company’s commitment to innovation and its user-centered approach ensure that businesses of all sizes—from startups to enterprises—can deploy mobile apps to drive growth and deepen customer engagement.


Mansi Praharaj

Business

DA hike: Central govt employees await salary hike announcement, likely to get 4% hike in September

7th Pay Commission D

DA hike: After the recently announced Unified Pension Scheme, i.e. UPS, the Central Government may soon announce another good news for all its employees and pensioners this month.

According to media reports, the Narendra Modi government at the Center may announce an increase in dearness allowance, i.e. DA, for its employees in September itself. Earlier, there was news that the government would make this announcement in the first week of September, but now there is news that the decision on the increase in DA can be taken in the last week of September or the first week of October.

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When can the DA hike be announced…?

Media reports have quoted sources as saying that the central government may announce the increase in DA around the Haryana Assembly Elections. The only phase of voting in Haryana will be held on October 5, and the election results will be declared on October 8. For the past few years, the increase in DA has usually been announced a little before Diwali, but this time the announcement may be made a little earlier.

How much percent will DA increase…?

The DA hike announced by the central government will benefit more than one crore employees and pensioners. It is believed that this increase in DA can be up to 4 percent. According to a source, the central government is expected to increase DA by 3 percent, but it can also be 4 percent.

Also Read: New rules for Sukanya Samridh schemes from 1st October you should know

There was a 4 percent increase in DA in March

The central government had earlier announced a 4 percent increase in dearness allowance (DA) and dearness relief (DR) in March 2024. Since this announcement, 50 percent DA and DR are being paid to central employees and pensioners. Usually the DA hike to be implemented from July is announced by the central government around Diwali, and the hike to be implemented from January is often announced around Holi in March.

When will we get DA Arrears…?

If the DA hike is announced by the end of September, then employees and pensioners may see an increase in their salary/pension for the month of October. This means that employees will also be given arrears for 3 months from July to September in October itself.

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Business

Sensex trades lower, ITC and HUL top losers

Sensex trades lower, ITC and HUL top losers

IANS

Indian frontline indices opened lower on Friday due to heavyweights like ITC, HUL, Asian Paints and M&M falling the most.

At 9.58 a.m., Sensex was down 200 points or 0.25 per cent at 82,762 and Nifty was down 63 points or 0.25 per cent at 25,325.

The broader market trend remained bullish. On the National Stock Exchange (NSE), 1697 shares were trading in the green and 598 shares in the red.

In early trading hours, Nifty midcap 100 index was up 363 points or 0.61 per cent at 60,003 and Nifty smallcap 100 index was up 128 points or 0.66 per cent at 19,482.

In the Sensex pack, Tata Steel, Wipro, JSW Steel, Tata Motors, Power Grid, Nestle, IndusInd Bank, NTPC, SBI, Bajaj Finserv, SBI and Kotak Mahindra Bank were the top gainers. Asian Paints, HUL, ITC, Bharti Airtel, M&M, Bajaj Finance, Infosys, Maruti Suzuki and UltraTech Cement were the top losers.

Sensex closes low

Among the sectoral indices, FMCG, pharma, fin service and IT fell the most. PSU bank, metal, realty and media contributed the most.

Hardik Matalia, Derivative Analyst of Choice Broking said, “After a gap up opening, Nifty can find support at 25,300 followed by 25,250 and 25,200. On the higher side, 25,500 can be an immediate resistance, followed by 25,550 and 25,600.”

“Traders holding long positions are advised to maintain them with a trailing stop loss at 25,000 on a closing basis while adding on dips remains a prudent strategy,” he added.

Mixed trading is taking place in Asian markets. Hong Kong, Bangkok and Jakarta are in the red. Tokyo, Shanghai and Seoul are in the green. The US markets closed in the green on Thursday.

The foreign institutional investors (FIIs) bought equities worth Rs 7,695 crore on September 12, while domestic institutional investors also bought equities worth Rs 1,800 crore on the same day.

(With inputs from IANS)

 

Business

Zamit Hosts Workshop on Enhancing Productive Language Skills for Teachers

Zamit Hosts Workshop on Enhancing Productive Language Skills for TeachersNew Delhi, 13 September 2024: Zamit, a leading education technology platform, in collaboration with Delhi International School Edge, Dwarka, successfully conducted a Cluster Event and workshop recently, focused on enhancing productive language skills for language teachers. The event was designed to empower primary and middle school language teachers from Dwarka and West Delhi, equipping them with innovative strategies to make language teaching more engaging and effective for students.

The workshop, titled ‘Productive Language Skills,’ was led by Payal Mathur, the Director & Chief Academic Officer at QAI, UK, an esteemed expert in the field of language education. The session was attended by over 50 Language teachers, all of whom actively participated in the interactive and insightful training.

The core objective of the workshop was to enhance the teachers’ ability to build their students’ speaking and writing skills—key components of productive language skills, crucial for effective communication. The training provided teachers with techniques and tools to make language learning more interesting and engaging, ensuring that the students are better equipped to express themselves clearly and confidently.

“We are thrilled with the success of this workshop and the enthusiastic response from the teachers. At Zamit, we believe in empowering educators with the latest teaching methodologies and tools to help them inspire and engage their students more effectively. The Productive Language Skills workshop is just one of the many initiatives we are undertaking to support teachers in their professional development,” said Abhijeet Mukherjee, CEO at Zamit.

The event also highlighted the importance of creating a dynamic classroom environment where students are encouraged to participate actively in speaking and writing exercises. Through various activities, teachers were trained to foster an atmosphere that promotes student interaction, creativity, and critical thinking.

Ms. Anubha Srivastava, Principal, Delhi International School Edge, Sector-18, Dwarka, emphasized the importance of external trainings in continuous professional development of teachers. “Our collaboration with Zamit for this workshop has been incredibly fruitful. The training provided today is essential for the upskilling of teachers, empowering them with modern teaching practices. Enhancing productive language skills is key to developing students who are not only proficient in language but are also confident communicators. We look forward to more such collaborations that contribute to the professional growth of our educators.”
The participants found the training program greatly enriching and expressed their eagerness to

implement the new strategies in their classrooms. The workshop concluded with the presentation of Certificates by Qualifications and Assessments International (QAI), UK, an international awarding body, recognizing the teachers’ dedication to enhancing their professional skills.


Mansi Praharaj

Business

Public Holidays In Sep 2024: There will be 4 days holiday from today, schools-banks-colleges-offices will all remain closed

Holiday List In September: The month of September is special for everyone because many important festivals come in this month and the weather starts changing.

This year 2024, many festivals are falling in the month of September, due to which a long list of holidays has been released this month. There are many holidays in this month of September for people from banks, schools to offices. 4 holidays are going to be available together in the second week of September.

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Holidays continue from 13 to 16 September

On September 13, all government and private schools in Rajasthan will remain closed on the occasion of Ramdev Jayanti, Teja Dashami and Khejarli Shaheed Diwas. As per RBI guidelines, banks remain closed on the second and fourth Saturdays of every month and all Sundays. In such a situation, on the second Saturday of September 14, banks and many offices will remain closed.

Also Read: I am ready to resign, CM Mamata Banerjee’s big statement on Kolkata rape case

Some private schools also remain closed on the second Saturday of every month. After this, on September 15, i.e. Sunday, all schools-banks-colleges-offices will remain closed. Eid-e-Milad is one of the special festivals for the Muslim community, which is celebrated as a celebration of the birthday of Prophet Muhammad. So on September 16, according to Chandradarshan, there is also a holiday from the Education Department on the occasion of Barawafaat. In such a situation, schools and banks will remain closed.

List of 4 days holidays

  • September 13: Ramdev Jayanti / Teja Dashami (Rajasthan)
  • September 14: Second Saturday / Onam (All India / Kerala)
  • September 15: Sunday / Thiruvonam (All India / Kerala)
  • September 16: Eid-e-Milad (Monday) (All over the country)

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Business

MVN Infrastructure Celebrates MVN Mall’s New Office Opening with Traditional Hawan Ceremony

MVN Infrastructure

13th Sept 2024 Gurugram, Haryana, India MVN Infrastructure, celebrated the opening of its new MVN mall’s office located at Sector 37D, Gurgaon, with a traditional Hawan ceremony. This auspicious event marks a significant milestone for the company as it expands its operations in one of the most sought-after real estate hubs in the region.

The ceremony was attended by key stakeholders, including company executives and local dignitaries, who gathered to bless the new premises. MVN Mall is poised to become a premier shopping and entertainment destination, offering a blend of luxury and convenience to shoppers. The mall features an array of retail stores, dining options, and modern amenities, making it a vibrant hub for customers and businesses.

“It is not just the opening of a new office but the beginning of a new chapter for MVN Mall. We are excited to establish our presence at MVN Mall, a premier mixed-use development integrating luxury retail with modern office space. This strategic location will enhance our ability to engage with more customers and provide them with exceptional living experiences, all within a vibrant environment that fosters creativity and convenience,” said Varun Sharma, Founder and Managing Director of MVN Infrastructure.

With the opening of this office, the company aims to better connect with potential leasing clients, this new facility will serve as a hub for customer interactions, reflecting the company’s dedication to excellence and innovation in the real estate market. As MVN Infrastructure grows, it remains committed to creating exceptional living experiences in Gurgaon.


Mansi Praharaj

Business

Yudiz Solutions acquires majority stake in ABCM App

Yudiz Solutions acquires majority stake in ABCM AppAhmedabad 12th September 2024: Yudiz Solutions Limited, a leading IT services and product-based company, has acquired a 51.01% stake in ABCM App Pvt. Ltd., a fintech firm specialising in digital payment solutions. This acquisition marks Yudiz’s entry into the rapidly growing fintech sector and positions it as a key player at the intersection of fintech, gaming, blockchain and AI.

With this strategic move, Yudiz aims to enhance its service offerings by leveraging its expertise in blockchain and artificial intelligence to revolutionize financial services. By combining the technological strengths of both companies, Yudiz is set to drive growth in India’s dynamic fintech ecosystem and play a vital role in shaping the future of the digital economy.

Commenting on the acquisition, Bharat Patel, Chairman and Director of Yudiz Solutions Limited, said, “I have closely observed the fitness landscape in India evolve over the years. The pace at which financial services are becoming more accessible is truly unprecedented. At the Global Fintech Festival 2024, Prime Minister Narendra Modi highlighted how fintech has democratised financial services. At Yudiz, we are not just witnessing this revolution, but are actively contributing to it. Our collaboration with ABCM App reflects our commitment to creating secure, innovative solutions that meet global financial needs. Together, we are simplifying financial transactions while ensuring that these services are inclusive, empowering individuals across all socioeconomic backgrounds.”

The acquisition represents a huge step in Yudiz’s efforts to diversify and strengthen its offerings. ABCM App brings immense value through its proven fintech solutions, which, when integrated with Yudiz’s AI and blockchain expertise, will enable the development of cutting-edge financial products and services and capitalise on the burgeoning fintech sector.

ABCM App’s expertise in payment systems and financial technologies will complement Yudiz’s existing technological capabilities. Integrating fintech with Yudiz’s blockchain and AI solutions will provide a competitive edge, offering more secure, efficient and scalable digital financial services.

Santosh Purabia, Director of ABCM App Pvt. Ltd. said, “The collaboration with Yudiz Solutions opens up exciting possibilities for us. We are confident that this partnership will push the boundaries of fintech innovation, merging our digital payment solutions with Yudiz’s advanced technological capabilities. Together, we aim to set new standards in digital financial services, delivering greater value and convenience to users.”

The acquisition expands Yudiz’s service offerings within the fintech space and also reinforces its leadership position in the IT sector by expanding into areas critical for the future of digital finance. With a focus on fostering digital inclusion and supporting India’s growing fintech landscape, Yudiz is set to accelerate the adoption of secure digital transactions, particularly in underserved markets.

With the acquisition, Yudiz gains access to ABCM’s established fintech clientele, presenting cross-selling opportunities for its gaming, blockchain and AI solutions, and broadening its reach in both the financial and technology sectors. The collaboration will expedite the development of innovative solutions such as AI-driven financial analytics, blockchain-based payment systems and secure digital wallets. Yudiz is also positioned to introduce new concepts like gamified payment platforms and tokenised financial products.

The integration of ABCM’s resources, talent and technology with Yudiz’s infrastructure will drive operational efficiencies, streamline costs, enhance productivity, and enable rapid scaling across business verticals.

Moreover, the coming together of ABCM’s payment expertise with Yudiz’s blockchain and AI capabilities will contribute to India’s transition to a cashless economy. While AI will play a crucial role in personalising user experiences and improving security, blockchain technology will enhance transparency and trust in financial transactions. Together, they will address the growing demands of users for efficient, secure and user-friendly financial solutions.

The collaboration will also facilitate the creation of accessible fintech solutions, including micro-lending, digital wallets, and low-cost remittance services, particularly targeting underserved rural markets.


Mansi Praharaj

Business

PM Awas 1st Installment: Govt will release the first installment of PMAY on September 15, check details here

If your dream of having a house has not been fulfilled yet, then you can fulfill it under the Pradhan Mantri Awas Yojana. This scheme is of the central government. Both urban and rural people get benefit in this scheme.

Under this scheme, houses are provided to economically weaker people. Meanwhile, the Prime Minister of the country Narendra Modi will release the first installment of Pradhan Mantri Awas Yojana (PM Awas Yojana – PMAY) to lakhs of beneficiaries of rural areas in Jamshedpur, Jharkhand on September 15. And during this time, 26 lakh beneficiaries will have Griha Pravesh. Rural Development Minister Shivraj Singh Chauhan has given this information.

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Addressing an online meeting with the rural development ministers of the states, Chouhan said that Prime Minister Narendra Modi will release the first installment of Rs 2,745 crore to lakhs of beneficiaries of the Pradhan Mantri Awas Yojana (PMAY). The Rural Development Ministry said that Prime Minister Narendra Modi will also interact with the beneficiaries of Pradhan Mantri Awaas Yojana-Gramin (PMAY-G).

Target to build 2.95 crore houses

A program has been organized in Jharkhand. In this program, about 10 lakh beneficiaries will be issued their first installment. A statement said that acceptance letters will also be distributed to all the beneficiaries for the financial year 2024-25. The ministry said that a large number of people will participate in the program. Along with this, lakhs of people will join this program online. Chauhan said that a target has been set to build 2.95 crore houses by March 2024. In which almost all the houses have been approved. In this, 2.65 crore houses have been completed.

Also Read: Indians can now visit these top 10 countries without a visa; Check full list

26 beneficiaries will do Griha Pravesh

Shivraj Singh Chauhan further informed that 26 lakh houses have been built so far during the financial years 2023-24 and 2024-25. In such a situation, the housewarming of 26 lakh beneficiaries will also take place on this day. Chauhan said that this scheme has been made easier to reach the common people. So that no person can be out of this scheme. Many rules and conditions related to the scheme have been removed. People having bikes, fishing boats, refrigerators have also been included in this.

Apart from this, the monthly income limit of any member of the family has been increased from Rs 10,000 to Rs 15,000. The Rural Development Ministry has decided after consultation with all the states and stakeholders that unnecessary conditions should be removed so that the objective of housing for all can be achieved.

Let us tell you that to take advantage of this scheme, Aadhar Card, Voter ID Card, PAN Card, Caste Certificate, Income Certificate, Age Certificate, Ration Card, Mobile Number, Bank Account Details and Passport Size Photo are required.

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Business

OnePlus successfully validates 5G network slicing on Jio True 5G network for the OnePlus Nord 4

OnePlus successfully validates 5G network slicing on Jio True 5G network for the OnePlus Nord 4Bangalore, 12th  September 2024: OnePlus, the global technology brand, and Reliance Jio, India’s largest digital services player, have announced the successful joint validation of 5G network slicing efforts. As part of their recently launched 5G innovation lab in India, OnePlus and Reliance Jio have successfully worked to test this solution, which is an important step towards making 5G network more beneficial for smartphone users across India.

During the demonstration, OnePlus and Reliance Jio connected the core network and chip module on the recently launched OnePlus Nord 4; and were able to successfully conclude the 5G network slicing tests.

Using the new OnePlus Nord 4 with network slicing technology, the R&D teams demonstrated how different applications can get access to dedicated network slices for enhanced 5G experience.

Ramagopala Reddy, VP at OnePlus India shared, “We at OnePlus, are thrilled to be collaborating with Jio on the ground-breaking 5G network slicing efforts. This partnership marks as a significant milestone in our journey towards advancing technology and enhancing user experiences for our India community. When we joined hands with Jio earlier this year to begin our 5G innovation lab efforts, we were confident that our commitment to pushing boundaries of innovation would lead to fruitful results. This successful 5G enterprise solution serves as a crucial benchmark in realizing practical 5G network slicing deployment and will truly serve as a global guide for network operators worldwide.

At OnePlus, we will continue to remain committed towards bringing the best of cutting-edge technology to our users in India.”

5G network slicing divides a physical network into several virtual networks, each tailored to specific needs. These network slicing efforts create independent virtual networks with different features like speed, bandwidth, security, and reliability based on user needs. This allows for more flexible and efficient 5G networks.

Both companies will now work on finalizing the details to prepare for commercial deployment in the coming months.

In the future, OnePlus and Jio will continue working towards driving more such innovative R&D solutions, while working closely with global stakeholders to promote 5G network slicing for businesses, and providing more secure, reliable, and flexible 5G services for their users all over India.


Mansi Praharaj