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  • Meet the Company at SiGMA Americas

    GR8

     

    April 09, 2024: On April 23-25, GR8 Tech can be exhibiting at SiGMA Americas in São Paulo, Brazil. Visitors can discover GR8 Tech at stand B40, the place the crew will showcase its award-winning options and merchandise, with a particular concentrate on the GR8 Sportsbook. GR8 Tech, having acquired quite a few shortlists in each SiGMA Americas Awards and Brazilian Gaming Awards, will even take part in the award ceremonies held on April 23 and April 24, respectively.

    The award-winning GR8 Sportsbook, famend for its excessive efficiency, number of content material, and distinctive margin administration capabilities, is completely set to carry iGaming operators in Brazil and a wider LatAm market to management positions. With a deep understanding of the area and a complete product providing that features a sturdy Casino platform, Sportsbook iFrame, Feed, Casino Aggregator, CRM, and extra, along with the GR8 Sportsbook, GR8 Tech is able to sort out any challenges its purchasers face.

    The recipe for achievement additionally consists of sturdy experience, which the firm is at all times able to share with business friends, companions, and purchasers. At SiGMA Americas, Thomas Carvalhaes, GR8 Tech’s Senior Business Development Manager and a seasoned skilled in the LatAm iGaming scene, will be part of the panel dialogue “Understanding the calls for and evolution of the B2B market” on April 25, 15:40, at Itaim Stage.

    Adding a splash of enjoyable into the enterprise combine, a mini version of the well-known GR8 Quiz can be ready for the stand guests along with GR8 items.

    Book a gathering with the GR8 Tech crew or drop by stand B40 to find GR8 Tech’s dependable, worthwhile, and tailored choices designed to foster profitable lifetime partnerships in the LatAm iGaming business.


    Rekha Nair

  • ISB’s PGP 2024 Highlights Diversity and Career Pivots as Key S

    Graduating students at the ISB Mohali_ campus_I

    April 9, 2024: The Indian School of Business (ISB) celebrated the commencement of 866 college students from the Post Graduate Programme in Management (PGP) Class of 2024 at its Mohali and Hyderabad campuses.

    The graduating batch of the PGP 2024 noticed a various mixture of expertise from engineering (49%) and non-engineering (51%) backgrounds spreading over a piece expertise starting from two to 24 years; and 40% of the batch consisting of girls.

    The commencement ceremony was organised at Mohali and was held on Friday at Hyderabad. Rukmini Banerji, Chief Executive Officer, Pratham Education Foundation, was the chief visitor at Mohali; and Madhabi Puri Buch, Chairperson of SEBI, at Hyderabad.

    Consulting, tech prime recruiters

    In the PGP placements, 394 corporations registered, and made 1,206 job provides – with a number of college students getting a number of provides. Over 70 first-time recruiters employed from ISB.

    Managing to pivot past their current work profiles, 71% of the scholars transitioned between industries, and 75% shifted between features, demonstrating their adaptability. Over 20 corporations made greater than 10 provides every.

    The basis of the profitable placement season was laid with almost 350 pre-placement talks, management classes, seminars, and workshops by potential recruiters.

    The consulting and know-how sectors had been among the many prime two recruiters at ISB, making greater than 50% of the provides. Around 10% of the overall provides got here from Banking, Financial Services and Insurance (BFSI) sector, whereas 25 worldwide provides had been made for numerous geographical areas.

    Companies additionally made vital provides for roles in Product Management, Sales & Business Development, and Digital Marketing & Transformation. Global Capability Centers (GCC) and mobility corporations had been additionally among the many recruiters.

    Accenture and Deloitte made triple-digit provides, whereas corporations such as Nagarro, Mckinsey, and Navi Technologies employed greater than 20 college students every. Similarly, BCG, Ola, Merilytics, TVS Motor Company, Nykaa, Genpact, Unilever, and Reliance Industries had been a few of the others who employed in double digits. IDFC First Bank, India Sotheby’s, Blenheim Chalcot India, Stride Ventures, Target, WEH Venture Partners, PI Investment Advisors, and Tata Steel had been among the many first-time recruiters.

    ‘Time of transformation’

    Professor Madan Pillutla, Dean, ISB shared two items of recommendation with the graduates in his handle, “First, use your privilege to serve these much less lucky. Inequality persists in our nation, and your abilities may help handle these points. Second, domesticate the behavior of civil disagreement. Embrace completely different views with kindness and empathy.”

    He added, “Graduation is a time for reflection. Think about what success means to you in 5, 10, or much more years. Many ISB alumni attribute their transformation to their time right here at ISB, and I consider the identical shall be true for you.”

    ISB additionally acknowledged exemplary college students with awards for tutorial excellence, extra-curricular achievements, and distinctive management.

    Nipun Bansal was named the gold medallist from the PGP Class of 2024 throughout each campuses. Antara Choudhury obtained the ISB-Parmeshwar Godrej Award, given to an exemplary lady scholar who has a robust document of dedication to social causes from the graduating PGP class.

    The twin occasions, in Mohali and Hyderabad, additionally marked the commencement of 145 college students from the Post Graduate Programme in Management for Family Business (PGP MFAB), Advanced Management Programme in Public Policy (AMPPP), Advanced Management Programme for Healthcare (AMPH), and the doctoral-level Fellow Programme in Management (FPM) and Executive Fellow Programme in Management (EFPM).

  • Organized by CREDAI Pune Metro- ‘Pune Property Expo’ Concluded On Sunday 7th April 2024


    The 22nd edition of the city’s biggest annual ‘Pune Property Expo’ organized by CREDAI Pune Metro inaugurated at the hands Chief Guest Prof. Dr. Suresh Gosavi & Suhas Patwardhan by lighting the lamp. In the photo (L-R) Ranjit Naiknavare, Pramod Khairnar Patil, Dr. Suresh Gosavi, Aparna Joglekar, Zonal & General Manager Bank of Maharashtra, Ajay Devray- National Business Manager, Axis Bank, Rajesh Singh, Zonal Manager, Axis Bank

    PUNE:  The 22nd edition of the city’s biggest annual ‘Pune Property Expo’ organized by CREDAI Pune Metro opened its doors to the public today. Entry to the Expo is free and the expo is being held at Agriculture College Ground, Sinchan Nagar, near Range Hills, up to Sunday 7th of April 2024.

    While sharing the details of the expo Ranjit Naiknavare, President CREDAI Pune Metro said, “Pune Property Expo 2024’ is showcasing more than 500+ RERA-registered projects from Pune, PCMC, and PMRDA housing and commercial projects ranging from affordable to luxury segments. The exhibition is spread over an area of 7100 sq. meters with over 124 stalls. More than 60 leading real estate developers are showcasing their projects at the expo. Many renowned financial institutions/banks are also having their presence at the expo for the convenience of potential buyers.”

    “This year’s theme of the expo is ‘Puneri Forever’. For the convenience of all the potential buyers, the Expo offers QR code scanning for seamless entry, an online registration facility with centrally located and fully air-conditioned venue with ample parking space. It also offers a plethora of projects to choose from, seek financial information, and get to meet the developer and their sales and marketing teams” informed J P Shroff, Convener of the Expo Committee.  

    Financial institutions like Axis Bank, Bank of Maharashtra, LIC, Aditya Birla Homes, Canara Bank, and Bank of India are also a part of the expo for the convenience of potential buyers who wish to seek information about the home loan.This edition of the expo also has a special program- ‘Satsang Synergy’ in association with FSAI, IGBC, IPA, and ISHRAE on 6th April 2024.  The collaborative program is aimed at showcasing the power of synergies in the sustainable built environment. Starting today up to the 7th, buyers get a chance to win an Electrical Two-Wheeler. A Lucky draw will also be held on the last day of the exhibition.  CREDAI Pune Metro is also distributing 2000 water bottles to the first 2000 visitors. A footfall of 10000+ is estimated for this year’s exhibition.

    The exhibition also has people-centric amenities like valet parking, a kids’ zone, a food zone, and a music & entertainment zone with workshops being conducted in specially designed conference/learning lounges.

    Speaking during the inauguration Suresh Gosavi said “I would like to Congratulate CREDAI Pune Metro as it is offering its buyers a one-stop solution with multiple industries coming together. The Expo is a great platform as it is not just a sectoral gathering but also promotes human interactions and bonds.”

    Suhas Patwardhan also spoke at the inauguration. He said he was happy to see that Pune Real Estate players used world-class technology for construction. He also applauded CREDAI Pune Metro’s relentless work in motivating youngsters to keep a positive approach towards the real estate sector”.

    The 22nd edition of the city’s biggest annual ‘Pune Property Expo’ organized by CREDAI Pune Metro was inaugurated at the hands of Chief Guest Prof. Dr. Suresh Gosavi & Suhas Patwardhan by cutting the Ribbon. In the photo (L-R) Suhas Patwardhan, Ranjit Naiknavare, Arvind Jain, Pramod Khairnar Patil, Dr Suresh Gosavi, Ajay Devray- National Business Manager, Axis Bank, J P Shroff, Aparna Joglekar- Zonal & General Manager Bank of Maharashtra, Rajesh Singh- Zonal Manager, Axis Bank

    The expo was inaugurated at the hands of Chief Guest Prof. Dr. Suresh Gosavi-Vice Chancellor, Pune University, Suhas Patwardhan- Chairman, Pune District, and Maharashtra State Co-operative Housing Societies Federation, in the presence of Pramod Khairnar Patil- President, CREDAI Maharashtra, Ranjit Naiknavare-President CREDAI Pune Metro, Hemant Naiknavare Ex-President CREDAI Pune Metro, J.P. Shroff Convenor CREDAI Pune Metro Exhibition Committee, Arvind Jain &  Aditya Javadekar- VP CREDAI Pune Metro, Ashwin Trimal – Secretary, Managing committee members IP Inamdar, Kapil Gandhi, Punit Oswal, Kapil Trimal, Dr D K Abhyankar-Director General CREDAI Pune Metro, Col Ramachandran, Director General (newly appointed) CREDAI Pune Metro along with CREDAI Committee members Milind Talathi, Kapil Trimal, Ashwin Trimal, IP Inamdar, Punit Oswal, Rahul Mundada, Kiran Sanghavi and Rajiv Singhavi.

    Also present were Aparna Joglekar-Zonal & General Manager of Bank of Maharashtra, Pune, Ajay Davray-National Business Manager, Home Loans Axis Bank, Rajesh Singh-Zonal Manager of Axis Bank

    For more information visit www.credaipune.org

  • Brett Fuiks Named VP of Sales at AV Universal Corp.

    Corona, CA, April 09, 2024 – AVUC Footwear, a number one innovator within the footwear trade, is happy to announce the appointment of Brett Fuiks as its new Vice President of Sales and Business Development. Fuiks brings a wealth of expertise and a powerful observe document of success in driving enterprise development and growing strategic partnerships, making him a priceless addition to AVUC’s government staff. www.avuniversalcorp.com

    In his new capability, Fuiks will lead the gross sales and enterprise improvement initiatives at AVUC Footwear, with a give attention to increasing market share, enhancing model visibility, and driving income development. His in depth background within the retail trade, Nordstrom, Apple and Zappos, positions him nicely to spearhead AVUC Footwear’s efforts to innovate and disrupt the footwear trade.

    “We are thrilled to welcome Brett Fuiks to AVUC Footwear Company as our Vice President of Sales and Business Development,” stated Viresh, CEO of AVUC Footwear. “Brett’s confirmed experience in strategic planning, market evaluation, and relationship constructing will likely be instrumental in accelerating our development trajectory and solidifying our place as a frontrunner within the footwear market. His ardour for excellence and dedication to driving outcomes make him a perfect match for our staff.”

    Fuiks joins AVUC Footwear from his earlier position at Zappos, the place he performed a key position in driving income development and increasing market attain. His strategic imaginative and prescient and buyer centric strategy align completely with AVUC Footwear’s dedication to delivering high-quality, revolutionary footwear options to its clients.

    “I’m honored to hitch AVUC Footwear Company at this thrilling juncture in its evolution,” stated Brett Fuiks. “AVUC Footwear has a powerful status for excellence and innovation within the footwear trade, and I’m desirous to leverage my abilities and expertise to additional elevate the model and drive enterprise success. I sit up for collaborating with the proficient staff at AVUC Footwear to ship distinctive worth to our clients and companions.”

    Fuiks’ appointment underscores AVUC Footwear’s dedication to assembling a world-class management staff succesful of driving sustainable development and delivering excellent leads to the extremely aggressive footwear market.


    Rekha Nair

  • Maruti Suzuki India’s new vehicle assembly plant starts rolling out cars

    Chennai, April 9: Passenger car major Maruti Suzuki India Limited on Tuesday said its new vehicle assembly line at its Manesar facility went on stream rolling out its Ertiga model first.

    According to Maruti Suzuki, the 100,000 units per annum new assembly line added to the existing Plant-A of the three manufacturing plants at Manesar in Haryana.

    With this additional assembly line, the total manufacturing capability at Manesar stands at 900,000 vehicles per annum.

    Cumulatively, the Manesar facility has contributed over 95 lakh units in Maruti Suzuki’s over three crore production milestone to date.

    Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India said, the company plans to double its production capacity to four million vehicles per annum over the next 7-8 years and this capacity addition of 100,000 vehicles per year is a step towards that goal.

    “It will help us serve our customers faster and enhance our overall capability to manufacture up to 23.5 lakh units per annum,” Takeuchi said.

    Maruti Suzuki Manesar facility was inaugurated in February 2007 with the start of Plant A. As customer demand increased, the company added Plant-B in 2011 and Plant-C in 2013.

  • RBI New Scheme: Now RBI Governor made a big announcement on the new scheme with returns like FD

    RBI New Scheme: Now RBI Governor made a big announcement on the new scheme with returns like FD
    RBI New Scheme: Now RBI Governor made a big announcement on the new scheme with returns like FD

    To purchase authorities bonds, frequent traders can open a Retail Direct Gilt RDG account with RBI. These bonds are authorities securities G-Sec. Gold bond costs are linked to gold costs.

    – Advertisement –

    These bonds will be stored until maturity and may earn curiosity infrequently. If traders want, they’ll additionally promote the bond earlier than maturity. These bonds are issued by the central and state governments, so the threat of threat could be very much less. Know what has been introduced now?

    RBI Governor Shaktikanta Das whereas giving details about the choices of MPC

    Said in his speech that RBI goes to launch cellular app in Retail Direct. Besides, a cellular app for GILT Invest can even be launched.

    >>At current, an account for this scheme will be opened by means of a portal of RBI. For this, an OTP is distributed to the investor’s cellular quantity or electronic mail.

    >The investor will need to have an account in a financial institution for this. To open an account, it’s essential to have a PAN quantity.

    >>Also, there have to be a legitimate doc reminiscent of driving license, voter ID card or Aadhaar. NRIs also can make investments on this bond. People who need to spend money on bonds could make fee by means of internet banking or UPI.

    >> Tax advantages won’t be accessible on authorities bonds. Just as the facility of tax exemption is obtainable on small financial savings schemes reminiscent of Public Provident Fund or NPS.

    >>Same facility won’t be accessible on authorities bonds. The curiosity earned on authorities bonds should be taxed as per the slab.

    >> If you purchase such bonds by means of mutual funds, you’ll have to pay extra tax. Interest earnings from bonds and mutual funds can be added and tax can be charged accordingly. However, no tax can be levied till it’s redeemed.

    >> Through this technique of RBI, bonds as much as Rs 5 crore will be bought. Bonds value lower than this can be bought. In this section, the Reserve Bank has set a restrict of Rs 10,000 for retail traders at which the minimal bond will be bought. This bond of RBI will be offered earlier than maturity.

    >>The bonds issued by the authorities are known as authorities bonds. If seen from the investor’s perspective, bonds are thought-about very protected. Especially authorities bonds are very protected. The cause is that these have a authorities assure.

    >>The bond of the firm is secured in response to its monetary place. This implies that if the monetary place of the firm is strong then its bond can even be protected. If the monetary situation of the firm is just not good then its bonds will not be thought-about good by way of safety.

    >>The bond of the firm known as company bond. Interest is paid on the bond at a pre-determined fee. This known as coupon. Since the rate of interest of the bond is already fastened, additionally it is known as a fastened fee instrument. This rate of interest is fastened throughout the tenure of the bond. There is not any change on this.

    Latest FD Rates : HDFC, ICICI and SBI modified the rate of interest of FD, know the way a lot profit can be there now?

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  • Sunil Chemankotil Appointed as Country Manager of Adecco India

    Sunil Chemankotil Appointed as Country Manager of Adecco IndiaBengaluru, April 09th, 2024: Adecco, the world’s main HR options firm, is happy to announce the appointment of Sunil Chemankotil as the brand new Country Manager of Adecco India.
    With a profession spanning over twenty years of wealthy and numerous management expertise within the staffing business, Sunil brings a wealth of staffing business expertise and experience to his new function. Sunil holds a level as {an electrical} engineer and an MBA in HR and advertising and marketing.

    Prior to becoming a member of Adecco India, Sunil served in varied management capacities, together with his most up-to-date function as the CEO of the digital enterprise at TeamLease. His tenure at TeamLease spanned practically 5 years. Before he was working with TeamLease, he held important roles at Quess Corp. Ltd., together with main the USA P&L for Brainhunter and spearheading world consulting and staffing as the enterprise head for MFX Change Inc. Notably, Sunil‘s journey within the staffing business started at Adecco India, the place he served for over seven years throughout numerous capabilities, with a give attention to skilled and IT staffing.

    In a press release, Sapna Sood, President Adecco, APAC, stated, “We are delighted to welcome Sunil Chemankotil again to the Adecco household as the brand new Country Manager of Adecco India. Given his intensive expertise and demonstrated success within the staffing business, we’re assured that he’ll successfully lead our proficient crew in India to attain success and development. His management will additional bolster our dedication to supporting our shoppers’ success and facilitating development alternatives for our candidates and associates.

    Sunil Chemankotil, in response to his appointment, stated, “I’m excited to return to Adecco India on this new function. I sit up for collaborating with the crew to spearhead innovation, ship distinctive shopper service, and generate worth for all stakeholders. Together, we are going to construct upon Adecco India’s sturdy basis, chart a course for sustainable development, and proceed implementing the nation‘s roadmap with success.”


    Mansi Praharaj

  • Beyond Awareness: Building An Inclusive World For Individuals With Down Syndrome


    Dr. Sujatha Thyagarajan, Sr. Consultant – Paediatrics & Paediatric Intensive care, Aster RV Hospital

    Dr. Sujatha Thyagarajan, Sr. Consultant – Paediatrics & Paediatric Intensive Care, Aster RV Hospital

    Down Syndrome, a genetic condition resulting from an extra chromosome, impacts cognitive ability, and physical growth, and heightens health risks. Individuals with Down Syndrome often exhibit characteristic features like upslanting eyes, low muscle tone, seizures, and attention difficulties, alongside a shorter stature and small hands and feet.

    In India, prenatal screening options such as Chorionic Villus Sampling (CVS) and Amniocentesis are available post-15 weeks of pregnancy to detect Down Syndrome. Despite advancements in testing, managing Down Syndrome has evolved slowly. While challenges persist, families and organizations increasingly embrace individuals with Down Syndrome, integrating them into everyday life.

    Early intervention programs are paramount for children with Down Syndrome. Physical therapy aids motor skill development and enhances movement and posture, while speech-language therapy improves communication. Occupational therapy assists in daily tasks, and emotional/behavioral therapy addresses behavioral challenges, facilitating a better quality of life.

    As individuals with Down Syndrome age, regular healthcare screenings become imperative due to a higher risk of medical conditions. Annual check-ups aid in early detection and intervention, promoting overall well-being.

    India boasts numerous support groups and centers offering assistance to individuals with Down Syndrome and their families. Counseling services and educational resources help families navigate the unique challenges associated with raising a child with Down Syndrome.

    Social inclusion remains a significant hurdle for individuals with Down Syndrome. Misunderstanding and lack of awareness often lead to exclusion and bullying. Slower cognitive abilities can impede educational and employment opportunities, underscoring the need for enhanced support and understanding.

    To promote greater awareness and understanding in the community, awareness campaigns, workshops, and seminars are vital. Providing support and resources to families and promoting social integration fosters inclusivity and acceptance.

    Recent advancements in research offer hope for individuals with Down Syndrome. Studies into vaccines, drugs, and hormone therapies aim to enhance cognitive performance and overall well-being.

    Healthcare professionals play a crucial role in advocating for the Down Syndrome community. Educating families, facilitating early intervention, and promoting integration into society are essential steps toward fostering inclusivity.

    Looking ahead, improving the quality of life for individuals with Down Syndrome requires widespread awareness and support. Advocating for inclusivity and providing resources for families are key to creating a more accepting and inclusive society.

    Let us reaffirm our commitment to supporting individuals with Down Syndrome and their families. Embracing diversity and promoting inclusivity enriches our communities and fosters a more compassionate and understanding society. Together, let us strive to create a world where everyone is valued and included, regardless of their abilities.

  • Best ever office leasing performance: Chennai, Delhi NCR, Mumbai

    Mumbai, 09th April 2024: The markets of Chennai, Delhi NCR, Mumbai and Pune achieved historic gross leasing highs in Q1 2024 (Jan-March) in contrast to all earlier Q1 performances in these cities.  The most important forces behind this have been home occupiers, notably within the BFSI, Flex, and manufacturing/engineering sectors, who’ve outperformed their worldwide rivals by driving demand in these areas.

    At an general degree as nicely, gross leasing exercise reached a formidable 15.16 million sq. ft in Q1 2024, a rise of ~13.8% in contrast to the identical interval final yr. This marks the third consecutive quarter the place gross leasing has surpassed the 15 million sq. ft mark, following the historic excessive of 20.94 million sq. ft in This fall 2023 and 16.03 million sq. ft in Q3 2023. Notably, this additionally represents the second-highest gross leasing ever recorded within the first quarter of any yr, solely trailing the degrees of 17.3 million sq. ft witnessed in Q1 2020. The quarter has set the platform for India’s office market to succeed in and even surpass the height exercise ranges witnessed in 2023.

    Domestic occupiers march forward.

    In the primary quarter of 2024 belonged to the home occupiers, notably within the BFSI, Flex, and manufacturing/engineering segments as they gained a majority share in office leasing.

    “India’s office ecosystem is a mix of “office to the world” and powerful home sector progress. While world firms stay robust takers of office area in India, their sluggish decision-making has seen the robust home financial system choose up the slack. In Q1 2024, home occupiers intensified their demand, contributing roughly 53% to the gross leasing exercise. This stays in step with the pattern being noticed over the previous 2 years the place home occupiers have persistently gone toe to toe with their world counterparts in area acquisition. Moreover, this highlights the resilience and flexibility of India’s office market,” mentioned Dr. Samantak Das, Chief Economist and Head of Research and REIS, India, JLL 

    Flex rise as tech continues to stay sluggish.

    Flex and manufacturing/engineering sectors preserve a powerful bullish outlook on their progress trajectory, whereas the tech business continues to grapple with the problem of sluggishness. Space take-up by third-party outsourcing corporations, given world headwinds and slower income progress continues to affect the tech sector, with its share of gross leasing at 24.2%, principally range-bound in contrast to the earlier yr. Flex area operators proceed to play a major function in India’s office markets, accounting for 21.0% of the gross leasing in Q1 2024, the best area take up ever for this section put up Covid. The manufacturing/engineering sector is witnessing a sustained strengthening in demand, with the sector’s share rising to twenty.2%, the best in practically three years, as India’s GCC ecosystem continues to change into extra broad-based with high-end R&D work coming into the nation and creating expansion-driven area demand.

    “India’s office market has persistently demonstrated unparalleled resilience and progress within the face of worldwide sluggishness and has benefitted from its robust underlying fundamentals that help the sustained progress in demand. Over the following 3 – 4 years, we anticipate the market exercise ranges of over 60 million sq. ft witnessed in 2019 and 2023 to change into the brand new regular, with gross leasing ranges aligning extra carefully with the vary noticed throughout these years. In 2024, the tempo of company area take-up is anticipated to considerably speed up within the latter half of the yr, following the final elections and gross leasing is estimated to doubtlessly surpass the 63 million sq. ft recorded simply final yr,” mentioned Rahul Arora, Head, Office Leasing & Retail Services, India, JLL 

    Delhi NCR and Bengaluru account for ~47% of the gross leasing in Q1 2024

    Delhi NCR and Bengaluru emerged as frontrunners out there, accounting for 26.6% and 20.4% of the general gross leasing in Q1 2024, respectively. Chennai continued its robust exhibiting, following up from the momentum witnessed in 2023, contributing to a major 17.6% share of the general leasing. Mumbai and Pune adopted with gross leasing figures of two.11 million sq. ft and 1.81 million sq. ft, respectively. 

    Gross Leasing (mn sq ft)

    Market Q1 Average

    (2019-22)

    		 Q1 2023 Q1 2024 Y-o-Y

    Change
    Bengaluru 3.54 3.12 3.09 -0.8%
    Chennai 1.18 1.89 2.67 41.7%
    Delhi NCR 2.64 3.99 4.03 1.1%
    Hyderabad 1.73 0.97 1.37 40.4%
    Kolkata 0.14 0.57 0.08 -86.5%
    Mumbai 1.65 1.50 2.11 40.4%
    Pune 0.75 1.28 1.81 41.4%
    Pan India 11.65 13.32 15.16 13.8%

     Source: Real Estate Intelligence Service (REIS), JLL Research

    Net absorption up 10.9% Y-o-Y

    India’s web absorption** throughout the highest 7 cities, stood at 8.30 mn sq ft, up by 10.9% y-o-y. This first quarter efficiency is second solely to Q1 2022 amongst all Q1 numbers since 2020, signifying the constant headcount growth-driven enlargement exercise by corporates in India.  It is a testomony to the nation’s expertise pool and aggressive prices that almost all world corporations’ enterprise plans contain capability augmentation in India. The web absorption throughout the quarter was led by Delhi NCR with a 27.3% share, adopted by Bengaluru with 20.8%, Hyderabad with 18.7% and Mumbai with 18.1% shares, respectively. The first quarter web absorption for the cities of Delhi NCR, Mumbai and Chennai have been additionally all at post-COVID highs in contrast to earlier Q1 numbers, symptomatic of expansion-led demand on observe to close historic highs within the India office market.

    Outlook: Market exercise primed to surpass 2023 peak ranges

    This constructive trajectory can be primarily pushed by the entry of latest Global Capability Centers (GCCs) into the nation, in addition to the enlargement of operations for present GCCs throughout all key and rising expertise segments. Furthermore, India’s favorable manufacturing insurance policies are predicted to draw much more strongly high-end analysis and growth (R&D) work, additional stimulating demand within the office market. The momentum of flex area operators amidst a probable revival in tech outsourcing as world market situations enhance are additionally anticipated to play a key function in taking India’s office market to higher heights in 2024 and past.


    Mansi Praharaj

  • NMIMS School of Commerce Announces Cutting-Edge BBA Pro

    NMIMS School of Commerce Announces Cutting-Edge BBA Programme in FinTechMumbai, 09th April 2024: India stands as one of the fastest-growing FinTech markets globally backed by elements like widespread digital adoption and authorities initiatives like India Stack and Jan Dhan Yojana. As a response to the rising demand for expert professionals in India’s quickly rising FinTech sector, SVKM’s NMIMS Anil Surendra Modi School of Commerce (ASMSOC) has introduced the launch of its BBA (FinTech). The programme is about to start within the tutorial yr 2024-25.

    The programme aims are designed to supply college students with a complete training which is able to embrace enterprise administration ideas and cutting-edge applied sciences within the monetary area. Students will acquire experience in areas akin to Blockchain, Data Analytics, Artificial Intelligence, and Payment Platforms to arrange them to easily traverse the complexities of the monetary sector.

    A multifaceted pedagogical strategy can have college students interact in classroom studying, coding and programming language periods, and technical ability growth in ASMSOC’s state-of-the-art Data Lab. Moreover, they may get publicity to the trade by means of visitor speaker periods, case research discussions, and analysis initiatives to boost their sensible understanding of FinTech.

    The BBA (FinTech) programme affords each a 3-year diploma and a 4-year honours diploma to supply college students with flexibility and in-depth specialization alternatives. An consumption of solely 60 college students will guarantee a personalised studying expertise and particular person consideration to every scholar.

    ASMSOC’s BBA (FinTech) program displays the varsity’s dedication to delivering high-quality training and assembly the evolving wants of the trade. With professional college, cutting-edge infrastructure, and a strategic location in Mumbai, the monetary capital and FinTech hub, ASMSOC is poised to groom the following era of FinTech leaders.

    Admission Process:

    • Candidates should obtain a minimal combination of 50% marks in 10 + 2 or equal examination, with Mathematics or Statistics as a compulsory topic, to be eligible for admission.
    • Applicants are required to seem for the NMIMS-NPAT examination, and their advantage place is set based mostly on the full rating obtained within the examination.
    • The closing choice for admission to the BBA (FinTech) programme relies on the candidate’s advantage place within the NMIMS-NPAT examination.

    Deadline: – May 20, 2024