Tag: category

  • Income Tax Saving Tips: These 4 schemes come in EEE category, if you invest money in them, tax will be saved in 3 ways.

    No matter how a lot money you earn, everybody faces issues when tax is deducted in your money. This is the rationale why individuals invest in all forms of schemes and discover new methods to avoid wasting revenue tax. In such a state of affairs, right here we will inform you about 4 such schemes which come in EEE class. By investing in this you can save money in 3 ways.

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    EEE means Exempt Exempt Exempt. There are 3 ways in which tax is saved in the schemes falling in this class. In this, there is no such thing as a tax on the quantity deposited yearly, aside from this, there is no such thing as a tax on the curiosity earned yearly and the complete quantity obtained on the time of maturity can also be tax free i.e. funding, curiosity/return and maturity are tax free. There is financial savings. Know in which schemes you can avail this benefit-

    Public Provident Fund (PPF)

    पब्लिक प्रॉविडेंट फंड (PPF)

    PPF is a greater possibility to avoid wasting tax and invest in a secure place. Under this scheme, any investor can deposit a minimal of Rs 500 and a most of Rs 1.5 lakh in a 12 months. Annual curiosity of seven.1 p.c is accessible on PPF. The particular factor about this scheme is that the funding money, curiosity obtained on the funding money and maturity quantity are all tax free.

    [

    (*4*)

    Under this scheme the investor will get 8.2 p.c curiosity. Under this scheme, any father can deposit Rs 250 to Rs 1.5 lakh yearly in his daughter’s account. The money is deposited for 15 years and when the daughter turns 21, the complete quantity together with curiosity is returned to the investor. To invest in this, the daughter’s age ought to be lower than 10 years.

    इक्विटी लिंक्ड सेविंग्स स्कीम (ELSS)

    Equity Linked Savings Scheme (ELSS) can also be referred to as tax saving mutual funds. In fairness linked saving schemes, you can deposit money in lump sum and can even do it by SIP. Its lock-in is for 3 years. After this you can withdraw money each time you need or proceed your funding. If you withdraw the quantity after 3 years, you get tax advantages.

    Employee Provident Plan (EPF)

    (*3*)

    If you are employed then you can even save your tax by EPF. EPF can also be an EEE class scheme. At current 8.25 p.c curiosity is given on it. In such a state of affairs, you can add a very good quantity of money by this scheme. If you need, you can even enhance your contribution by VPF.

    Home Loan : These 5 large banks are providing the most cost effective house loans, examine the entire listing

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  • BN Group Forays Into The Wellness And Fitness Oil Category With Nutrica


    Anubhav Agarwal, CEO & MD, BN Group

    With substantial investment into a world-class manufacturing facility, the company 

    aims to capture a 10% market share in the next three years

    Aim to achieve a turnover of INR 500 crores at the end of 3 years

    PUNE: BN Group, a leading edible oil manufacturing company in India, announces its foray into the wellness and fitness oil category with the launch of Nutrica. The brand will have three products in its initial launch phase – Nutrica Pro Immunity Oil, Nutrica Pro Energy Oil, and Nutrica Pro Fitness Oil enriched with Vitamin C and tailored to address the distinct culinary requirements of diverse families, placing a special emphasis on holistic health and wellbeing.

    Speaking on the launch of Nutrica, Mr. Anubhav Agarwal, CEO & MD, of BN Group said, “BN Group has a long-standing reputation for being at the forefront of innovation. The launch of Nutrica underscores this commitment and reflects our deep understanding of evolving consumer preferences. With a growing number of health-conscious consumers seeking out organic and cholesterol-friendly options, we believe Nutrica is perfectly positioned to meet this demand. Keeping in mind the evolving culinary preferences of emerging health-conscious consumers, we have invested a substantial amount in Nutrica and aim to achieve a turnover of INR 500 crores at the end of 3 years.”

    As per a recent report, the Indian edible oil market touched a volume of 24.7 Million Tons in 2023 and is expected to touch a CAGR of 1.35% during 2024-2032. The launch of Nutrica forges a strong connection between the brand and health-conscious consumers who are seeking a range of versatile cooking oil options and aim to live a healthy lifestyle.

    With the state-of-the-art manufacturing unit in the Gandhidham, Gujarat facility, Nutrica Pro Immunity Oil, Nutrica Pro Energy Oil and Nutrica Pro Fitness Oil will be available across all retail modern and general outlets in the launched markets – Delhi, Chandigarh, Mumbai, and Pune, along with quick commerce and e-commerce platforms.

    “We are committed to reshaping the market landscape with a focus on uncompromising quality, contemporary technology and above all, the well-being of our consumers. Leveraging our extensive experience in crafting premium edible oils, we are confident that Nutrica will redefine standards in the culinary domain,” he further added.

    From its inception back in 2013, BN Group has been one of the prominent players in the edible oil category in India, with brands such as ‘Simply Fresh’ and ‘Healthy Value’. With a robust offline presence boasting nearly 600 distributors and 50,000 direct outlets, the company ensures convenient access to its products for a wider customer base.

  • KredX Named ‘Emerging Startup in SCM Software’ Category at Tracxn’s 2024 Awards


    KredX, India’s largest provide chain finance platform, has been recognised as one of many ‘Emerging Startups of SCM Software’ by Tracxn, in its prestigious Emerging Award Series. Acknowledged as a ‘Soonicorn’, KredX joins the ranks of main fintech startups in the SCM Software enviornment. Tracxn Emerging Awards is an initiative by Tracxn, a worldwide platform for monitoring progressive firms, to recognise the highest international organisations throughout sectors. This recognition affirms KredX’s place as a quickly rising disruptor in the fintech sector and highlights its dedication to creating monetary and technological innovation for Indian companies of all sizes.

     






    KredX recognised as ‘Emerging Startup In SCM Software’ Category

     


    KredX proudly stands because the singular fintech at the moment which has a product suite with far-reaching affect throughout all the provide chain finance ecosystem, each home and international. From empowering companies of all sizes with working capital to bringing clever automation bolstered by cutting-edge AI expertise, to massive enterprises and thriving MSMEs. KredX doesn’t simply handle money stream; it orchestrates all the technological spectrum, addressing each side of provide chain finance administration. Our experience spans all the lifecycle of a enterprise’s funds, from pre-payment to cost and post-payment, encompassing end-to-end accounts receivable and accounts payable workflows and automation. With a further layer of vendor administration, provider danger administration, and an enhanced BI dashboard, empowering CFOs to entry important data on a single platform to make impactful choices that affect the underside line and treasury. Furthermore, the corporate’s complete providing contains financing options, each home and worldwide, making it a holistic and one-stop vacation spot for all monetary wants.


     


    This complete strategy units KredX aside as a frontrunner in the business, with a holistic suite of economic options unmatched by any of its opponents, cementing its place as an business trailblazer. With 8 years of expertise, transaction volumes exceeding USD 10 billion, and over 300 corporates serviced, KredX is India’s end-to-end monetary options supplier of alternative.


     


    Madhusmita Panda, Chief Marketing Officer at KredX stated, “We are deeply honoured to obtain this recognition as ‘Emerging Startups of SCM Software’ from Tracxn. This serves as a testomony to the dedication and laborious work of all the KredX staff. It reaffirms our dedication to driving innovation in the availability chain finance panorama and underscores our relentless pursuit of excellence in offering transformative options to our shoppers. This accolade fuels our ardour to proceed pushing boundaries, revolutionizing the business, and empowering companies throughout the globe.”


     


    About KredX


    Founded in 2015 in Bangalore by Manish Kumar and Anurag Jain, KredX is India’s largest provide chain finance platform accelerating finance by way of the use of cutting-edge expertise and information. The firm provides a bunch of customizable options starting from enterprise finance and money stream administration options to working capital and channel financing options for companies, massive and small, working inside the provide chain ecosystem whereas providing distinctive various debt funding options to traders worldwide. Through using dependable expertise to speed up buyer progress, the corporate goals to change into the world’s quickest working system for provide chain finance.

     


    For extra data, please go to www.kredx.com.

  • Wings EV Microcar ROBIN Ranked Best in NEV Category at Micromobility Europe 2023


    Wings EV, a VC-funded electrical car startup based mostly in Indore and Bengaluru, received one of the best in class award for his or her flagship product Robin in the “NEVs, Mopeds and Bikes” class at the Micromobility Europe convention held in Amsterdam on June 8th and ninth, 2023. Micromobility Europe is organized by Micromobility Industries, which is a worldwide platform based mostly in the US that champions small autos and their energy to radically reshape our cities.


     






    Wings EV Microcar, ROBIN 


     


    Wings EV, a VC-funded electrical car startup based mostly in Indore and Bengaluru, had a worldwide product unveiling of their distinctive electrical microcar, Robin, at the occasion. Wings EV Robin is constructed from the bottom up in India and is predicted to launch in India later this 12 months. Robin, “the last word metropolis trip”, is a completely coated compact two-seater four-wheeler that has the size and width of a motorcycle. This permits Robin to drive and park wherever a motorcycle can. In this manner, Robin combines a two-wheeler’s mobility with a small automotive’s security and luxury, perfect for on a regular basis driving in the town.


     


    Robin is absolutely automated, has a prime velocity of 60 kmph, and runs 90 kilometers on a single cost in common metropolis driving circumstances. It has a LFP (Lithium Ferrous Phosphate) battery pack that expenses in 4.5 hours from an ordinary 15A energy socket, utilizing its onboard charger. Robin doesn’t require any costly charging tools. It will come in three variants and is predicted to be out there for order in India later this 12 months.


     


    Pranav Dandekar, Co-founder and CEO, Wings EV stated, “At Wings EV, we’re dedicated to fixing the visitors congestion downside in our cities by means of deep, user-centered design and innovation. It is a good honour to obtain this prestigious award for our first product, Robin. Winning the best-in-category award at Micromobility Europe provides us an awesome impetus to work on extra groundbreaking mobility merchandise for the Indian market. The award, received by competing with different 60 world-class merchandise, acknowledges the expertise and laborious work of all at Wings EV. I take this chance to congratulate each one that labored to meet our dream of bringing this mobility innovation to Indian cities.


     


    Wings EV has been designing and growing this modern idea since 2018. They constructed their alpha (preliminary) prototypes in 2021 and performed intensive market analysis throughout 6 cities in India. The car specs and options are a results of deep insights into folks’s mobility wants, their security issues with two-wheelers, and their issues with driving and parking a automotive in the town. It has since constructed its pre-production prototypes which can be present process testing and are about to be submitted to ARAI for homologation. Robin might be categorized as a quadricycle (L7) and would require a registration and automotive driving license to drive. 


     


    About Wings


    Wings EV was cofounded by Pranav Dandekar and his father Prakash W. Dandekar in 2018. It is funded by Venture Highway, a number one early stage enterprise fund in India, and several other outstanding silicon valley angel buyers. Before founding Wings, Pranav spent 15 years in laptop science and AI in the US together with acquiring a Ph.D. from Stanford, working at Amazon, and constructing and promoting a VC-funded startup in Silicon Valley. Pranav moved again to India to work on this modern EV that he believes will assist clear up our rising congestion downside. Prakash is {an electrical} engineer and an IIT Bombay alumnus with deep experience in industrial and automotive embedded programs. He is an entrepreneur, an instructional, and an creator. He spent a number of years because the Head of the Embedded programs group at Tata Technologies in the early 2000s the place his crew designed the electronics programs on some variations of the Tata Nano.

  • HAMMER Expands Smart-Wearables Category, Launches Game-Changing Earphones and Smartwatch

    New Delhi | twenty sixth May 2023: Celebrated for its modern audio options and sensible gadgets, Hammer, the main client tech model is worked up to announce the launch of three eagerly awaited earbuds and an modern smartwatch. These additions to {the catalogue} are designed to raise the audio expertise and redefine interplay with know-how, displaying Hammer’s dedication to delivering high quality expertise enhancement to its tech fans.

    Commenting on the launch, Rohit Nandwani, Founder and COO of HAMMER, said- “We are thrilled to introduce these groundbreaking merchandise to our valued clients. Our crew has labored tirelessly to create distinctive audio experiences and modern wearable know-how that’s wired to remain current from dawn to slumber. These new earbuds and smartwatch signify our dedication to offering cutting-edge options that push the boundaries of what’s doable in client know-how.”

    HAMMER’s merchandise are developed with options that cater to the discerning tech fanatic who can detect deliverables from the tech specs alone. Here is a function overview of the brand new launches.

    The Hammer Airflow Plus: Price 999

    These wi-fi, noise isolating, sensible touch-controlled, in-ear headphones are ergonomically designed to suit for consolation, with a mixed playtime of as much as 23 hours. The Hammer Airflow Plus guarantees immediate pairing with Bluetooth V5.1, water and sweat resistance with its IPX4 score and 13 mm dynamic drivers that immerse customers in a world of pure, uninterrupted sound. TWS Functionality shall permit customers to get pleasure from a extra dynamic and room-filling audio efficiency, whether or not it’s for music, films, or different multimedia content material. Airflow Plus ensures profound listening and is built-in with voice assistants (Google and Siri), to ship a crisp sound, on the go.

    The Hammer Ko Mini: INR 999

    With sound that’s tuned to the person, and utilization versatility, these true wi-fi earphones are engineered with a light-weight and compact design, guaranteeing wealthy and well-balanced audio throughout all frequencies. The Ko Mini can also be outfitted with an IPX4 score water and sweat resistance, making it appropriate for intense exercises and out of doors actions. Furthermore, its moveable case of 200 mAh offers prolonged battery life and quick charging capabilities, making them a great alternative for many who require dependable efficiency all through the day.

    HAMMER Expands Smart-Wearables Category, Launches Game-Changing Earphones and Smartwatch

    Hammer G Shots: INR 1799

    Environmental noise cancellation, low lightening, and ultra-low latency of fifty Milliseconds guarantee a smoother gameplay with a crystal, sharp sound, that’s made to final, with Hammer G Shots. Apt for gaming and health fans, the earbuds ship sweat and water resistance with IPX4 Rating. The moveable case with the HAMMER G Shots has an built-in voice assistant (Google and Siri), in-built with mixed playtime of as much as 22 hours, delivering a reliable, vibrant sound supply.

    HAMMER Expands Smart-Wearables Category, Launches Game-Changing Earphones and Smartwatch

    Hammer Smart Watch Pulse X: INR 1699

    Seamlessly integrating type, performance, and intelligence, Pulse X is a revolution in wearable know-how. Indulge in pure consolation with the premium construct physique and skin-friendly straps of Pulse X for an unmatched expertise. Tracks steps, energy burned, coronary heart charge, and different very important statistics, together with In-app GPS, you may monitor your route and monitor your progress in real-time. The 1.83-inch IPS massive touchscreen show with much less bezel, and peak brightness of 500 nits helps you keep in contact with a faucet. The Pulse X smartwatch is appropriate with each iOS and Android gadgets. Offering a dependable battery lifetime of as much as 2 days with Bluetooth calling, you may put on all of it day with one full cost. Additionally, Pulse X has been rated IPX7 for water and mud resistance, built-in with 55+ sports activities mode and a number of watch faces.


    Praveen

  • How Amazon Manages Category Crossover

    Amazon does not develop smartphones or PCs, and its tablets lack widely used Google apps. Nonetheless, the company has built one of the most powerful consumer device ecosystems.

    Under the banner of creating personalized, intuitive, and proactive ambient experiences, its technology has begun to permeate our lives, starting with smart speakers and distributing Alexa across a wide range of its own and other companies’ products.

    Over the years, that has included such category-stretching products as a wall clock that counts down Alexa reminders, the Echo Loop ring, and the recently revived Echo Auto. Such duds and do-overs are inevitable when trying to create new product categories, even for Big Tech companies.

    For example, before refocusing its device launches on the Pixel smartphone, Google introduced a new kind of AI-infused home camera for capturing spontaneous moments called Clips but discontinued it.

    At its most recent device launch, though, Amazon demonstrated three approaches to redefining tech category boundaries, each of which has implications for its marketplace prospects.

    The Expansion: Kindle Scribe

    In my last column, I wrote about a class of full-featured e-paper tablets that include extensive Android app compatibility. However, there’s a group of products that look like these e-paper tablets but which focus more on reading and note-taking.

    Last year, for example, Rakuten introduced the Kobo Elipsa, which extended the e-reader brand with a larger device and enhanced stylus functionality for marking up PDFs or taking notes. Amazon has now followed suit with the Kindle Scribe, extending its popular e-reader line to become a tablet-sized note-taking device.

    In expanding a familiar product line, Amazon gives Kindle fans more reason to keep the Kindle around. Amazon’s device chief described his new usage of the Scribe as a replacement for a legal pad.

    A person journaling on a Kindle Scribe

    Journaling on a Kindle Scribe | Image Credit: Amazon


    Neither the Scribe nor the Elipsa offer advanced note-taking features that the Onyx Book line or the best iPad apps can provide. However, they are simpler to use, a bit less expensive, and extend the distraction-free appeal of e-readers to note-taking and annotation.

    While the Kobo Elipsa proved the concept, Amazon’s incredible distribution power and the Kindle’s brand recognition should help to popularize this significant expansion of the venerable e-reader’s features.

    The Swap: Echo Show 15 and Fire TV Omni

    Speaking of product line expansions that include a twist, Amazon also traded features on two of its larger and newer display-based devices.

    Echo Show 15, the newest and largest member of the company’s smart display line, has been marketed as keeping families organized. But its suitability to highly viewable areas within the home prompted the company to add the Fire TV video portal from its televisions and streaming sticks to the device.

    The Echo Show line will also be giving back to Amazon’s Fire TV product line, and Amazon will bring an Echo Show-like ambient mode to its high-end Fire TV Omni sets.

    Fire TV Omni QLED Series Ambient Experience Widget

    Fire TV Omni QLED Series Ambient Experience | Image Credit: Amazon


    Amazon is not the first company to bring a streaming portal-like experience to something that isn’t a TV. Earlier this year, Samsung brought its streaming portal to its M7 and M8 PC monitors. But with their TV-like 43″ displays and 4K resolution, that wasn’t as much of a stretch.

    Samsung has also imbued its TVs with more limited ambient experiences, particularly its Frame TV, which displays artwork when not streaming movies and shows. Coincidentally, that TV resembles a much larger version of the Echo Show 15

    The added features won’t be game changers for the established TV category or the growing smart display category. However, Amazon’s feature set borrowing demonstrates how the company can improve what had been a weak point (streaming channel variety) of the Echo Show line while advancing its ambient approach mission in the usually immersive activity of TV watching.

    The Splinter: Halo Rise

    Amazon’s Halo product line, which focuses on well-being, is a new kid on the company’s device block; the first Halo wearable fitness tracker was launched late last year. However, it has not taken long for the product line to take a different direction.

    While many smartwatches and other wearables track sleep, Amazon has eschewed the wrist for its entry into the sleep-tracking market. The Halo Rise is placed on a bedside table and uses a mix of ambient radar and machine learning to detect the different phases of sleep. This product avoids one of the main drawbacks of tracking sleep with wearables, namely, when are you supposed to charge them if they’re working all night?

    However, while tracking sleep can provide insights into better health, any device placed in the bedroom deserves extra scrutiny in terms of how it preserves privacy. Amazon cites several privacy-protecting advantages of its approach. These include keeping cameras and microphones out of the bedroom and a sensing method precise enough to capture only the sleeping habits of the person closest to the device.

    The Halo Rise also includes a gradually brightening light to ease waking up. However, it is not Amazon’s first bedside device. The company has released several smaller Echo Show products, including versions with 5″ and 8″ displays that followed the discontinued spherical Echo Spot, that act as smart alarm clocks. Lenovo also offers a smart clock model that integrates with Alexa and others that use Google Assistant.

    So, if you want the full functionality of an Echo Show and the Halo Rise to greet you in the morning, things could get a bit crowded on your nightstand. Indeed, Amazon showed just this combination in its launch presentation. So why not integrate an Echo Show’s features into the Halo Rise?

    Halo Rise and Echo show sleep data

    Echo Show sleep data (L) and Halo Rise | Image Credit: Amazon


    Pricing, functionality, and target customer factors present challenges to that. The radar-equipped Halo Rise will cost $140; that’s quite a premium over, say, the $35 that the Echo Show 5 typically commands. While the Echo Show represents a more information-rich take on the classic alarm clock, the Halo Rise is geared toward those who want to actively monitor their sleep activity and see enough value in that to pay for a service subscription eventually.

    In addition, returning to the privacy mandate, Amazon has taken laudable measures to keep Halo-tracked health information out of the Alexa knowledge graph. While that would still be possible in a combined device, it’s easier to convey conceptually in separate devices.

    Alexa hasn’t been completely shut out of the Halo Rise. For example, you can pull up your sleep report on an Echo Show or have an Alexa device play a wake-up song based on when Halo Rise’s ideal wake-up time. You can also trigger an Alexa bedtime routine, such as dimming the lights just by hopping into bed next to a Halo Rise. At some point, though, Amazon may find a way to create the one wake-up alarm ring to rule them all.

    Rubin’s Review: Neat Frame

    The explosion in hybrid work has prompted many companies to rethink their facilities and many home workers to rethink their setups. The unending barrage of video meetings has shown the value of dedicating a display — preferably the one hosting the webcam — to an app like Zoom or Teams, while the second monitor hosts the content shared on the call.

    Neat Frame is a nearly $2,500 dedicated video call device that runs Team Rooms or Zoom Rooms. Per rules set by the conferencing software vendors, you must restart to switch between them.

    Unlike most displays, its 15.6″ screen is fixed in portrait orientation, which brings the webcam up to eye level, so there’s no need to use a stand to achieve that, as with many laptops. Neat has included an enhanced speaker for loud, clear audio that resonates throughout a room and a microphone that the company has enhanced with noise-canceling intelligence.

    Neat Frame

    Neat Frame | Image Credit: Neat


    As a dedicated device, the Frame offers improved reliability, readiness, and security versus using a PC. The product’s audiovisual features and face-framing orientation make it ideal for one-on-one video calls; it’s particularly well-suited for use in those in-office phone booths for taking private calls.

    However, while the portrait orientation minimizes the desktop footprint, it’s not as well-suited for sharing screen content that typically has a landscape orientation. Speaking of which, since it is a standalone device, bringing content from another PC involves a separate step versus the native PC client.

    Neat says that Microsoft has facilitated integration with the desktop version of Teams that enables this; however, using any Teams Rooms device like the Neat Frame requires an organizational account. Free accounts are not supported.

    Accepting video input so it could serve as a second display would also make it more versatile for home users, as would the ability to pivot the device from landscape to portrait orientation — even if the camera stayed on top only in portrait orientation.

    Neat Frame exemplifies a great purpose-built device that brings a more natural feel to the often-awkward ergonomics of video calling. Still, most home users will be better served by a more generalized second screen.