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  • Housing.com’s The Bharat in India Report

    Tier-2 Cities Closing the Gap with Top-8 as Property Prices Surge by 10-15 percent in Prime Areas: Housing.com’s The Bharat in India Report

    Mumbai, 14th June 2024 – Housing.com, India’s main full-stack proptech firm, has launched its inaugural “The Bharat in India” report at the moment. The report unveils outstanding development tendencies in Tier-2 metropolis actual property markets throughout the nation. It highlights how these as soon as missed city facilities are quickly closing the hole with their Tier-1 counterparts. This development is fueled by financial diversification, rising shopper demand, and reverse migration patterns accelerated by the pandemic.

    According to Mr. Dhruv Agarwala, Group CEO of Housing.com mentioned, “The actual property narrative of India is evolving quickly, with Tier-2 cities like Kochi, Jaipur, Goa, and Chandigarh Tricity rising as new development powerhouses. Our proprietary Property Buy Index reveals Tier-2 cities surpassing the high eight metros by a staggering 88 factors, underscoring their rising prominence and repair sector potential.”

    S.No. City Average Capital Values (INR/sq ft)
    1 Bhopal 3,000-5,000
    2 Chandigarh 8,000-10,000
    Mohali 7,000-9,000
    Zirakpur 7,000-9,000
    3 Coimbatore 5,500-7,500
    4 North Goa 10,000-12,000
    South Goa 6,000-8,000
    5 Jaipur 4,000-6,000
    6 Kochi 6,000-8,000
    7 Lucknow 5,000-7,000
    8 Nagpur 4,000-6,000
    9 Nashik 3,000-5,000
    10 Vadodara 3,000-5,000

    Key highlights from “The Bharat in India” report:

    • Key micro-markets in Tier-2 cities have witnessed vital double-digit capital worth appreciation of 10-15% year-on-year, narrowing the value hole with high metros.
    • Capital values in premium localities of Goa, Chandigarh Tricity, and Kochi at the moment are nearly at par with key markets in Delhi-NCR and Mumbai Metropolitan Region.
    • Tier-2 cities like Goa boast sturdy rental markets with yields as excessive as 8%, in distinction to 2-3% in main metros.
    • Homebuyer preferences are shifting in the direction of high-rise flats and life-style facilities like clubhouses, open areas, and sports activities amenities.
    • Online property searches by potential consumers in the INR 1-2 crore section have surged 61%, whereas the above INR 2 crore bracket has seen a development of 121%.

    “The financial kaleidoscope is shifting, and Tier-2 city clusters are rising as new magnets for the expert workforce and the start-up ecosystem. This report paints a compelling image of India’s evolving actual property panorama and underscores the immense alternatives that lie forward for traders, builders, and homebuyers wanting past the conventional actual property hotspots. Tier-2 cities are not on the sidelines; they’re changing into main gamers, attracting investments and providing engaging alternatives,” Mr. Agarwala added.


    Praveen

  • Google Cloud identifies India as a key market for AI innovation and startups

    google

    Google Cloud’s investment could stimulate the growth of local tech companies and contribute to India’s economy.Despite challenges, Google Cloud’s commitment to India could foster innovation and growth in the region’s AI startups. The company is investing in India’s AI ecosystem, providing AI expertise and tools to local startups.

    India’s emergence as a global hub for artificial intelligence (AI) innovation and startups has not gone unnoticed. Google Cloud, a leading player in the global tech industry, has recognized the country’s potential and is strategically investing in its growth. Matt Renner, the President and Global Sales Leader of Google Cloud, has been instrumental in identifying India as a key market for the company’s growth and investment strategy. His remarks, made on June 13, 2024, highlight the country’s tremendous potential and rapid growth in the AI and startup sectors.

    Renner’s observations underscore the vibrant and rapidly evolving AI ecosystem in India. The country’s large talent pool, increasing focus on technology innovation, and a growing number of startups pushing the boundaries in AI across sectors like healthcare and financial services make it an attractive hub for global tech giants like Google Cloud. The company’s investment in and support of the Indian startup ecosystem reflects a strategic move to tap into this dynamic market and foster the development of AI-driven solutions.

    Google Cloud’s commitment to India is not just about capital investment. The company is providing AI expertise, tools, and history to partner with Indian startups, helping them leverage AI for their solutions. This includes offering access to its advanced cloud services, which are crucial for developing and scaling AI applications. By doing so, Google Cloud is enabling startups to push the envelope in AI innovation, particularly in sectors like healthcare and financial services.

    GOOGLE

    Renner’s remarks also highlight India’s understanding and adoption of technology. He noted that the country’s growth pace is on par with or even surpasses most other regions globally because of its understanding of technology and AI. This recognition of India’s tech-savvy population and its potential for scaling AI solutions adds to the country’s appeal as a key market for Google Cloud.

    The company’s focus on India is part of a broader trend of global tech companies recognizing the potential of emerging markets. For instance, in the early 2000s, many tech companies, including Microsoft and IBM, identified China as a key market for growth. They invested heavily in the country, setting up research and development centers and forming partnerships with local companies. These investments paid off as China’s tech sector grew rapidly, producing global tech giants like Alibaba and Tencent.

    Similarly, Google Cloud’s investment in India could have far-reaching implications for the country’s tech sector. It could lead to the creation of more high-quality jobs in the tech sector, stimulate the growth of local tech companies, and contribute to the overall development of India’s economy. Furthermore, it could also lead to the development of innovative AI solutions that could be used not just in India, but globally.

    However, Google Cloud’s investment in India is not without challenges. The country’s regulatory environment, infrastructure, and education system will need to keep pace with the rapid growth of the tech sector. Furthermore, issues related to data privacy and security will need to be addressed to ensure the responsible use of AI.

    AI

    INTERNET

    Despite these challenges, the potential benefits of Google Cloud’s investment in India are significant. The company’s commitment to the Indian market indicates a focus on creating an ecosystem that fosters innovation, provides technical support, and potentially offers mentorship and funding opportunities, contributing to the overall growth of AI startups in the region.

    In conclusion, Google Cloud’s recognition of India as a hub for AI innovation and startups is a testament to the country’s potential in the global tech landscape. It reflects the growing importance of emerging markets in the global tech industry and could have significant implications for India’s tech sector and economy. However, realizing this potential will require concerted efforts from all stakeholders, including the government, tech companies, and the education sector.

  • ICC T20 World Cup: After defeats against India, US, Pakistan at nature’s mercy to stay alive in tournament

    The Pakistani cricket staff gamers, assist workers and followers would pray for the rain to cease and stay away from Central Broward Park & Broward County Stadium in the US, which is scheduled to host the house staff’s match against Ireland on July 14. Located in Lauderhill, Florida, it is likely one of the venues in the continuing ICC T20 Cricket World Cup. The space is at present experiencing extreme inclement climate, a lot so {that a} state of emergency has been declared by native authorities.

    Fans of Pakistan cricket team waving the national flag during a game. Photo courtesy: x.com/ICC
    Fans of Pakistan cricket staff waving the nationwide flag throughout a sport. Photo courtesy: x.com/ICC

    This, sadly, is unhealthy information for Pakistan, and one which bears the potential to finish their world cup marketing campaign prematurely. Having misplaced two of its three video games, together with a shock defeat against USA, the inexperienced brigade now has to depend on others to assist them pull off a miracle. However, now they’ve to depend on not simply Ireland, but additionally the climate gods to maintain their dream alive.

    If USA win the match against the Irish, who Pakistan is scheduled to play on Sunday, then the June 16 encounter will grow to be a useless rubber. But with heavy rainfall inflicting flash floods, coupled with predictions of extra rain, the match is probably going to be referred to as off, giving every staff one level.

    If such a scenario arises, USA, who’ve received two of their three matches, will qualify for the following spherical with 5 factors, together with India, the present group toppers with six factors.

  • Kia India exports over 2.5 lakh vehicles since 2019

    New Delhi, June 13: Automaker Kia India on Thursday said it has surpassed 250,000 vehicle exports from the country since 2019.

    The company has shipped 255,133 units internationally to over 100 markets from its Anantapur manufacturing facility, it said in a statement.

    “The success of our ‘Made in India’ vehicles internationally shows our commitment to quality. While our focus is on the domestic market, we plan to keep our exports steady this year,” said Myung-sik Sohn, Chief Sales Officer, Kia India.

    The Seltos model was the major contributor, accounting for 59 per cent (149,952 units) of the company’s overall overseas dispatches.

    Sonet and Carens models followed in second and third places, contributing 34 per cent and 7 per cent, respectively.

    Kia India is one of the key export hubs for the Kia corporation. However, in recent years, the company has focused more on selling its cars in the domestic markets and is now going to make 90% of products for India from this year.

    A few of the major markets for Kia India exports include South Africa, Chile, Paraguay and Latin America.

    Kia’s Anantapur plant commenced production around five years ago.

  • The all-new BMW 1300 GS most powerful BMW Boxer engine ever launched in India

    Hyderabad: BMW Motorrad India has launched the all-new BMW 1300 GS in India. This Adventure Motorcycle will be available as a Completely Built-up Unit (CBU) and deliveries will commence from end of June 2024.

    Vikram Pawah, President, BMW Group India said, “BMW Motorrad established the new segment of touring enduros more than four decades ago with the R 80 G/S. And the BMW GS with boxer engine has been the undisputed leader of the competitive field ever since. With the all-new BMW R 1300 GS, BMW Motorrad has focused on sharpening the GS even further. It is a perfect combination of power, comfort, and agility, making it the ideal motorcycle for any terrain. With its versatility and appeal, the all-new BMW R 1300 GS will exceed even the highest expectations. Nothing can stop you, especially off-road.”

    The introductory ex-showroom price of the all-new BMW R 1300 GS Pro is Rs 20,95,000.

    Three option Styles are also available for individualisation – Style Triple Black, Style GS Trophy and 719 Tramuntana.

    Prices prevailing at the time of invoicing will be applicable. Delivery will be made ex-showroom. Ex-showroom price (inclusive of GST and compensation cess) as applicable but excludes Road Tax, RTO statutory taxes/fees, other local tax/cess levies and insurance. Prices and options are subject to change without prior notice. For further information, please contact your local authorized BMW Motorrad Dealer.

    The all-new BMW R 1300 GS is available in the following color schemes – Base in Light White metallic, Optional Styles – Triple Black is available in Blackstorm metallic paintwork, GS Trophy is available in the Racing Blue metallic paintwork and the 719 Tramuntana is available in the Aurelius Green metallic paintwork.

    To enable customers to own BMW Motorrad motorcycles of their choice, BMW Financial Services India will offer customized and flexible financial solutions. Customers can also get their loans approved before delivery takes place. For complete peace of mind, all BMW Motorrad bikes come with a standard warranty for ‘three years, unlimited kilometers’, with an option to extend the warranty to fourth and fifth year. Road-Side Assistance, a 24×7 365 days package further ensures prompt services in case of breakdown and towing situations.

    The all-new BMW R 1300 GS has these myriad features

    The bike features an entirely new design which is based on the traditional GS icons while at the same time reflecting extreme compactness and significant weight reduction. With its significantly flatter tank ramp, the flyline is largely responsible for the very dynamic, light and accessible appearance of this motorcycle. Continuing on through the upholstered centre cover over the aluminium fuel tank, the seat gives the GS a typically enduro-style silhouette. A striking break with tradition in terms of design are the new LED Matrix Headlights. The integration of high beam and low beam in a single projector unit results in a redesign of the iconic face of the GS headlamp. With “Headlight Pro” available in all option Styles, the beam of the matrix full LED headlamp turns into the bend according to the banking position.

    The bike perfectly embodies what the BMW Motorrad development team has endowed the GS legend with: compact arrangement of the components, high functionality of the equipment – and everything focused on the essentials. In Lightwhite solid paint and in conjunction with its sharply drawn lines and very clean appearance, the all-new R 1300 GS has a truly muscular appearance and embodies the boxer GS theme in pristine style. The compact and low front end, together with the Sport windshield and wide handlebars, provide an excellent overview, while the redefined GS ergonomics offer a confident, relaxed riding position. A sporty, slimline passenger seat, in combination with the functional sports grab handle bridge, emphasises the steeply rising and short rear end and at the same time offers good seating comfort for the passenger. In the basic version, the standard rider’s seat has a seat height of 850 mm and is fitted with a two-tone cover that forms a continuous functional unit in light grey texture extending from the fuel filler cap to the passenger seat. Together with the main frame coated in Gold, the new cross spoke wheels delineate the lower section of the motorcycle against the light front body section, thereby highlighting its powerful appearance.

    The Optional Style Triple Black gives the all-new BMW R 1300 GS an even more masculine attitude The rear frame is likewise finished in black, as are most of the other surfaces. Also finished in black, the luggage carrier included in the Triple Black model variant is perfectly integrated in these shapes. In addition, the Style Triple Black has Comfort seats, Comfort passenger footrests and a centre stand. The electrically adjustable high windshield also comes with this style in combination with the cockpit trim and the wind deflectors with the new cross spoke wheels in Black. Optional Adaptive Height Control can be ordered only with Style Triple Black.

    The optional Style GS Trophy sets the tone with basic finish Racing blue metallic sets. With red and white tapes and inscriptions combined with a rear frame in white metallic matt, the GS Trophy stands for the highest level of performance and sporty use off-road. The high rider’s comfort seat in combination with the Sport passenger seat offers the look and ergonomics of a rally seat, which in conjunction with the seat cover continued on the fuel tank cover forms a unit that can be used along its entire length. In the spirit of outstanding off-road competence, this optional style is equipped with radiator guards for damage protection. The robust cross-spoke wheels in gold also belong to the range of off-road-oriented fittings.

    The mean machine shows its exclusive and technically sophisticated side in the Option 719 Tramuntana. This combines cross-spoke wheels in gold with black components such as the main and rear frames, powertrain and the luggage carrier with grab handle. The gold anodised handlebar provides the perfect accentuation to match the gold-coloured lining on the body components and the gold rim bands. The side trim sections and the front wheel cover at the top are finished in Aurelius Green metallic, while the aluminium tank and intake silencer cover are likewise finished in Aurelius Green metallic but with a matt clear coating. The fuel tank centre cover in Luxor black/grey and the cylinder head covers in Avus black metallic matt blend in harmoniously with this.

    The centrepiece of the all-new BMW R 1300 GS is once again the legendary two-cylinder boxer engine. Its new design is more compact than ever before thanks to a gearbox located under the engine and a new camshaft drive arrangement. This is by far the most powerful BMW boxer engine ever to be produced in series, producing an output of 107 kW (145 hp) at 7750 rpm, developing a maximum torque of 149 Nm at 6500 rpm. The boxer engine of the new BMW R 1300 GS is also equipped with the unique BMW ShiftCam technology for varying the valve timing and valve stroke on the intake side.

    The entire suspension of the all-new BMW R 1300 GS was redesigned. The centrepiece is the new sheet metal main frame made of steel, which in addition to a significant optimisation of the installation space for even more compact packaging also offers higher levels of stiffness than the predecessor model. The motorcycle features new front wheel guide EVO Telelever with flex element and new rear wheel guide EVO Paralever for even greater steering precision and ride stability.

    The hunk of a bike now comes with standard Dynamic Suspension Adjustment (DSA), Shift Assistant Pro, Riding Modes Pro, sport brake as a part of the Dynamic Package. Riding Modes Pro” comprises of three additional riding modes “Dynamic”, “Dynamic Pro” and “Enduro Pro” in addition to The “Rain” and “Road” riding modes which allow riding characteristics to be adapted to most road conditions And “Eco” riding mode which makes it possible to use the innovative BMW ShiftCam technology primarily in such a way that the maximum range can be achieved with a single tank of fuel. The riding mode “Enduro” enables an enhanced riding experience off the beaten track with a specific set-up for off-road use.

    Engine drag torque control (MSR) is also available as standard, that can be used to safely avoid unstable riding conditions that can occur during coasting or downshifting due to excessive brake slip at the rear wheel. Hill start control (HSC) Pro is fitted as standard and enables convenient hill starts, even when carrying two people and luggage. The motorcycle comes as standard with a twin disc brake featuring two newly developed, radially mounted four-piston fixed calipers at the front and a single disc brake with two-piston floating calliper at the rear in conjunction with BMW Motorrad Full Integral ABS Pro. The standard Dynamic Brake Control (DBC) offers increased safety when braking, also in difficult situations, by preventing unintentional throttle application.

    This new Motorrad bike has the equipment feature Connectivity as standard, including a 6.5-inch full-colour TFT screen. In conjunction with the standard BMW Motorrad Multi-Controller with integrated operation, it gives the rider fast access to vehicle and connectivity functions. Standard Comfort package features Centre stand, Adjustable windscreen including high windshield, cockpit trim and wind deflector, Passenger Kit including Comfort passenger seat, Comfort passenger rest and Luggage carrier. Touring package available only with option Styles include Central locking, preparation for navigation, chrome-plated manifold, left and right case holder, hand protector extension and the topcase holder.

    Comfort features include Keyless Ride, heated grips, Smartphone charging compartment with integrated USB socket and additional 12 V on-board power socket as standard. Other standard list of features include Hand protectors with integrated turn indicators, Lithium-ion battery with Battery Guard and Dynamic Cruise Control (DCC) with brake function.

    The new BMW R 1300 GS Option 719 Tramuntana features the new Riding Assistant for safe and convenient motorcycling. Active Cruise Control (ACC) with integrated distance control can be used to set the desired riding speed as well as the distance to the vehicle in front. Front Collision Warning (FCW) with brake intervention is designed to prevent collisions and help reduce the severity of accidents, while Lane Change Warning monitors the lanes to the left and right and can help ensure a safe lane change while supporting use of the rear mirror.

  • Air Passengers: Good News..! Air India Express launches new ‘Fare Lock’ scheme. Details Here

    Air India Express Fare Lock: There is sweet information for thousands and thousands of passengers touring by flight. Now you don’t want to bear the burden of costly flight tickets to journey.

    By paying simply Rs 500, it can save you your self from the elevated costs of flight tickets on the final second. Yes, by Air India Express’s ‘Fare Lock’ scheme, you possibly can repair the worth of any flight ticket for 7 days with the airline for simply Rs 500. Let’s know the whole lot about this supply.

    – Advertisement –

    Air India Express has launched its “Fare Lock” service, underneath which passengers can keep away from expensive air journey by fixing the minimal fare of the flight by paying a nominal price.

    What is Fair Lock facility?

    Air India Express mentioned that with this new fare lock scheme, passengers can lock their flight fare for any home flight for the date of their alternative with a nominal non-refundable price of simply Rs 250. For worldwide flights, you’ll have to pay a price of Rs 500. In this, you possibly can lock the flight fare of your alternative for 7 days.

    Also Read: PM Kisan: Date of seventeenth installment of PM Kisan introduced – pmkisan.gov.in

    Committed to airline passengers

    Ankur Garg, Chief Commercial Officer, Air India Express, mentioned, “The new ‘Fare Lock’ service empowers our passengers to plan their journey with out worrying about rising fares. As an airline, we’re dedicated to our prospects. This service is one other step in direction of giving our company management over their journey expertise, permitting them to personalise it as per their preferences.”

    Extra advantages can be found right here

    Logged-in loyalty members who e-book on the airline’s web site and cell app get further rewards. This consists of particular reductions and as much as 8 per cent NeuCoins on particular offers. Apart from loyalty members, college students, senior residents, SMEs, dependents and members of the armed forces of the Indian Army additionally get particular reductions on airindiaexpress.com .

    air india categorical lite supply

    Air India Express has not too long ago launched Xpress Lite fares, underneath which passengers can scale back their flight fares by travelling with out check-in baggage.

    – Advertisement –

  • Air Passengers: Good News..! Air India Express launches new ‘Fare Lock’ scheme. Details Here

    Air India Express Fare Lock: There is sweet information for tens of millions of passengers touring by flight. Now you do not want to bear the burden of pricey flight tickets to journey.

    By paying simply Rs 500, it can save you your self from the elevated costs of flight tickets on the final second. Yes, by way of Air India Express’s ‘Fare Lock’ scheme, you possibly can repair the worth of any flight ticket for 7 days with the airline for simply Rs 500. Let’s know every thing about this supply.

    – Advertisement –

    Air India Express has launched its “Fare Lock” service, beneath which passengers can keep away from pricey air journey by fixing the minimal fare of the flight by paying a nominal payment.

    What is Fair Lock facility?

    Air India Express mentioned that with this new fare lock scheme, passengers can lock their flight fare for any home flight for the date of their selection with a nominal non-refundable payment of simply Rs 250. For worldwide flights, you’ll have to pay a payment of Rs 500. In this, you possibly can lock the flight fare of your selection for 7 days.

    Also Read: PM Kisan: Date of seventeenth installment of PM Kisan introduced – pmkisan.gov.in

    Committed to airline passengers

    Ankur Garg, Chief Commercial Officer, Air India Express, mentioned, “The new ‘Fare Lock’ service empowers our passengers to plan their journey with out worrying about rising fares. As an airline, we’re dedicated to our prospects. This service is one other step in the direction of giving our friends management over their journey expertise, permitting them to personalise it as per their preferences.”

    Extra advantages can be found right here

    Logged-in loyalty members who e book on the airline’s web site and cell app get additional rewards. This contains particular reductions and as much as 8 per cent NeuCoins on particular offers. Apart from loyalty members, college students, senior residents, SMEs, dependents and members of the armed forces of the Indian Army additionally get particular reductions on airindiaexpress.com .

    air india categorical lite supply

    Air India Express has not too long ago launched Xpress Lite fares, beneath which passengers can scale back their flight fares by travelling with out check-in baggage.

    – Advertisement –

  • Dollar Industries Bullish About South India Market

    Dollar Industries Bullish About South India Market
    (L-R) Mr Vinod Kumar Gupta, Managing Director & Mr Binay Kumar Gupta, Jt. Managing Director, Dollar Industries Limited; at a press convention to announce Dollar Industries: Vision South India; at present at Taj Deccan.

    Hyderabad, thirteenth June 2024: Dollar Industries Limited, one of the vital trusted names within the way of life outerwear & innerwear enterprise in India, at present shared their Vision for the South Indian markets. As a serious step, Dollar Industries has signed celebrity, Mr. Mahesh Babu as their Brand Ambassador for South India.

    Dollar Industries Limited, which started its journey in 1972 underneath the ready management of visionary par excellence Mr. Din Dayal Gupta, as Bhawani Textiles, now holds 15% market share of the branded hosiery section in India and the Group is concentrating on a progress of 11% – 12% at on a year-on-year foundation. As part of their Vision South India technique, Dollar Industries is concentrating on round 50% progress in gross sales from Southern market as in comparison with present 12 months.

    “We have obtained an excellent response for our merchandise from the Southern markets and customers have accepted our high quality merchandise at reasonably priced costs from the home of Dollar. The acceptance right here is clear from our gross sales progress in these markets. Our home gross sales have lately elevated from these markets and stands at round 8%. With Mahesh Babu now being our Brand Ambassador for southern market, it would act as a catalyst to spice up our model prominence and gross sales much more. We are extraordinarily bullish and concentrating on to garner round 20% of our home income from South market”, stated Mr Vinod Kumar Gupta, Managing Director, Dollar Industries Ltd.

    “Dollar Industries is experiencing strong demand and an growing proportion of higher-margin merchandise in our portfolio. This optimistic pattern positions us nicely to realize our desired topline and bottom-line progress within the close to future. We even have plans to open 50 unique model outlet throughout the south market within the coming 3 years the place customers can expertise your complete vary of Dollar merchandise” stated Mr Binay Kumar Gupta, Joint Managing Director, Dollar Industries Ltd.

    The vast number of Dollar merchandise are unfold throughout 6 classes – MAN, WOMAN, JUNIOR, ALWAYS, THERMALS & PROTECT. Bollywood celebrity Mr. Akshay Kumar, endorsing Dollar Man, is related to Dollar because the model ambassador for over 14 years. Actress, Ms. Yami Gautam is the model ambassador for Dollar Women i.e Missy and Actor, Mr. Saif Ali Khan is the model ambassador for Dollar Always i.e Lehar

    Dollar Industries have manufacturing models in Kolkata, Ludhiana, Tirupur & New Delhi. The firm has a aim to achieve a income of Rs 2000 crore by FY26, and to realize this income, the corporate has already introduced a capex within the 12 months 2021, for growing the capability of the spinning unit in Tirupur from 22000 spindles to 42000 spindles. That capex has already been incurred and really quickly the extra manufacturing capability will begin which can assist us internally in manufacturing.

    “Tirupur being the hub for hosiery business due to its financial and monetary viability, now we have our manufacturing system in Tirupur and the enterprise has grown over time. We have many sellers who’re related to us in southern market who’re an excellent help for the Company when it comes to promoting and distribution of the merchandise. In the latest previous now we have began our flagship initiative, Project Lakshya, for rising our gross sales in south market. The Pilot undertaking was began in Karnataka within the 12 months 2019. The response was so spectacular that we determined to duplicate the identical mannequin at Pan India stage in phased method”, added Mr Vinod Kumar Gupta.

    For FY24, Dollar Industries’ gross profit grew 22.6% YoY to ₹ 50,588 Lacs, whereas EBITDA grew by 61.5% to ₹ 15,864 Lacs. The firm achieved PAT of ₹ 9,020 Lacs, displaying a progress of 71.7% YoY, registering a PAT margin of 5.7%.

    Dollar’s progress is sustained by introducing newer designs and high quality merchandise in response to the shopper’s evolving specs and calls for. Brand loyalty too has additionally performed an essential position within the firm’s progress. Adhering to newest applied sciences and improvements have helped the corporate in making a benchmark within the business. Dollar believes in eco-friendly methods of manufacturing, and thus have launched a zero – discharge method with evaporation system.

    As part of the corporate’s Green Mission initiative the present 6 MW Solar Power Plant is already in use and 2MW unit can be put in however pending for presidency approval which can be additional taking it up at 8MW.


    Mansi Praharaj

  • EV sales up by 40 pc to 1.75 million units in FY2024 in India

    New Delhi, June 12: India’s Electric Vehicle (EV) sales soared to 17,52,406 units in FY 2023-24 with a growth of 40.31 per cent on a Year-on-Year (YoY) basis.

    According to a report by JMK Research & Analytics, the growth in EV sales was led by two-wheelers and three-wheelers, which contributed 94 per cent to the total sales.

    EV two-wheelers sales were up 29 per cent on YoY basis to 10,09,356 units.

    This category’s contribution to the total EV sales stood at 57.60 per cent.

    In EV three-wheelers, which include passenger and cargo vehicles, sales increased by 56 per cent to 6,34,969 units on YoY basis.

    According to the report, “Lower running cost, increasing logistics demand and last-mile connectivity are the key factors for growth in this segment.”

    The electric car segment sales shot up by 82 per cent on a YoY basis, registering sales of 99,085 units in FY 2024.

    Electric bus sales soared to 3,708 units in FY2024 with a growth of 85 per cent on a YoY basis.

  • Lovely Professional University launches Tech MBA in partnership with EY India as knowledge Partner

    Lovely Professional University launches Tech MBA in partnership with EY India as knowledge PartnerJalandhar – In a daring transfer to equip future leaders with the abilities to thrive in the digital age, Lovely Professional University (LPU) has partnered with world skilled providers agency EY India as a knowledge accomplice to supply an revolutionary Tech MBA program. This one-of-a-kind MBA (Management Technology) goals to bridge the hole between enterprise technique and technological innovation, empowering college students to drive success in the quickly evolving twenty first century panorama.

    The tech MBA curriculum is meticulously designed to mix superior technical abilities with strategic enterprise acumen. Students will achieve experience in information evaluation, statistical modelling, machine studying, database administration, massive information, and cloud computing, enabling them to leverage data-driven insights for knowledgeable decision-making.

    The program focuses on management and strategic considering, mentioned Dr. Rajesh Verma, Senior Dean of the Mittal School of Business. Students is not going to solely grasp programming languages such as ‘Python’ and ‘R’ however may also achieve insights into expertise abilities like information visualization, massive information, and data safety.

    A standout characteristic of this system is a world go to to world enterprise hubs like Singapore or Dubai, offering college students with invaluable world publicity and insights into various enterprise and expertise ecosystems.

    The knowledge partnership with EY brings {industry} experience instantly into the classroom, with college students benefiting from real-world case research, hands-on initiatives, and grasp lessons led by {industry} professionals. Moreover, a one-month internship at related organizations proposed by EY throughout India provides college students sensible, hands-on expertise in their desired fields.

    Furqan Warsi, FAAS Partner at EY India mentioned “Our endeavour is to convey the best set of material consultants, real-life case research, and expertise sharing to the modules lined. This will guarantee college students be taught the enterprise purposes of analytics ideas and instruments, as nicely as the best way to choose and implement related applied sciences for various enterprise eventualities.”

    Graduates of the Tech MBA program at LPU can anticipate a variety of profession alternatives, together with roles such as Technology Consultant, Product Manager, Data Analyst, IT Project Manager, and Business Development Manager, amongst others. They shall be well-positioned to work with main corporations like TCS, Infosys, Wipro, EY, and Microsoft.

    With its cutting-edge curriculum, world publicity, and industry-academia partnership, the Tech MBA program at Lovely Professional University units a brand new benchmark in making ready future leaders for the ever-evolving digital panorama.