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  • NSE warns investors against so-called experts or entities promising assured returns in stock market

    NSE

    IANS

    The National Stock Exchange (NSE) issued an advisory on Monday cautioning investors of sure people and entities working schemes that supply securities market ideas and assured returns on stock market investments.

    The trade stated in a press release that investors are cautioned and suggested to not subscribe to any such scheme/product supplied by any particular person/entity providing indicative/assured/assured returns in the stock market as the identical is prohibited by legislation.

    The NSE stated {that a} Telegram channel named ‘EuremOm’ with channel hyperlink ‘ t.me/euremompriceactions’ working via cellular quantity ‘8233955740’ and a person named ‘B Sridhar’ working through cellular quantity ‘9845031889’ — is “offering securities market ideas and assured returns on funding in the stock market”.

    The Telegram channel additionally provides to deal with buying and selling accounts of investors by asking investors to share their Login ID/password.

    Stock Market

     Stock MarketIANS

    “It may additionally be famous that the stated particular person/entity will not be registered both as a member or authorised particular person of any registered member of the National Stock Exchange of India Limited,” stated the NSE.

    The stock trade additionally suggested investors to not share their buying and selling credentials, comparable to consumer ID/password, with anybody.

    “Exchange has offered a facility of ‘Know/Locate your Stock Broker’ underneath the hyperlink on its web site, to test the small print of the registered member and its authorised individuals,” it talked about.

    (With inputs from IANS)

  • Chinese EV maker BYD set to enter South Korean market in low-cost segment

    Seoul, June 18: The expected entry of China’s BYD Auto into the South Korean consumer electric vehicle (EV) market this year will likely intensify competition within the low-cost segment of the market, which globally has seen a stagnation in growth as of late due to the so-called EV adoption chasm, according to industry watchers on Tuesday.

    The Chinese EV maker has applied for emissions and noise certification for its midsized EV sedan Seal with the National Institute of Environmental Research under the South Korean environment ministry on June 5, marking the beginning of BYD’s domestic release procedure.

    The process, which checks factors, such as the driving range on a single charge, is known to take around two to three months. Performance evaluations linked to a review for EV subsidies are conducted separately by the Korea Environment Corp, reports Yonhap news agency.

    In terms of size and performance, BYD’s Seal model, whose entry price trim is set at 179,800 yuan ($24,730), is comparable to Tesla’s Model 3 and Hyundai Motor’s Ioniq 6.

    Market watchers expect the model to become eligible for EV subsidies when released. Some, however, note the use of lithium iron phosphate (LFP) batteries in the model could work against the model due to the low recyclable value of LFP batteries.

    Other more affordable BYD models, including the Dolphin hatchback and the Atto 3 compact crossover, are also reportedly being considered for release in the country.

    BYD has already applied for trademarks for six models in the domestic market, including those for the Seal, Dolphin and Atto models.

    If BYD successfully launches its passenger EV cars in South Korea with competitive pricing, it could impact the domestic electric vehicle market, currently dominated by Hyundai Motor and Kia.

    South Korean automakers have already seen a decrease in the domestic EV market share, dropping 3.5 percentage points to 76.6 percent last year, especially in line with the release of Tesla’s Model Y vehicles produced in China.

    Local automakers, too, are moving to introduce more affordable models with a better value proposition, notably improved battery capacity.

    Hyundai plans to unveil the EV version of its mini SUV Casper at the upcoming Busan International Mobility show later this month. Kia’s EV3, the company’s third and latest EV model after the larger EV6 and EV9 models, is widely expected to become a hit.

  • Motorola launches edge50 ultra; disrupts the Indian Flagship Smartphone market with its Moto AI-powered Generative AI features


    Motorola launches edge50 ultra

    Like Magic Canvas, AI-powered Pro-Grade cameras, and Smart Connect for an effortless interconnected experience between phones, PCs, and tablets

    The Motorola Edge50 Ultra is powered by Moto Ai and includes innovative Gen AI features such as AI Magic Canvas for generating Images basis text prompts and Style Sync for generating themes matching the consumer’s attire

    Its Pro-Grade camera system effortlessly captures stunning photos and videos with the most advanced camera technology powered by Moto Ai, making it the brand’s most impressive camera system ever

    The Motorola Edge50 Ultra boasts a 50MP main camera featuring a main 1/1.3″ sensor with a massive 2.4μm pixel size which absorbs 20% more light than the previous generation for sharp and bright photos in every situation

     Additionally, the camera system also features the world’s 1st 64MP 3x telephoto optical zoom lens with OIS and 100x advanced hybrid zoom

    The Motorola edge50 Ultra comes out of the box with the revolutionary Smart Connect feature which ensures effortless connectivity between devices to enable easy share of files, streaming phone apps, and more across your phone, PC, tablet, and more.

    It features a nearly borderless 6.7″ pOLED curved display with a Super HD (1220p) resolution, an unbelievably fast 144Hz refresh rate, and true-to-life colors validated by Pantone.

    The Motorola edge50 Ultra comes with the segment’s only TurboPower™ 50W wireless charging along with 125W TurboPower™ charging. It also has the segment’s only, 10W wireless power sharing.

    The smartphone has the world’s 1st FSC-certified real wood finish that’s inspired by nature and infused with a subtle wood fragrance in eco-friendly packaging and with climate-friendly colorful phone cases in the box.

    The Motorola Edge50 Ultra will go on sale in a 12GB RAM + 512GB storage configuration, starting 18th June 2024 on Flipkart, motorola.in, and leading retail stores at an effective price of just Rs. 49,999*

    MUMBAI: Motorola, a global leader in mobile technology and innovation today launched its most advanced phone in the edge franchise, the Motorola edge50 Ultra. As the latest addition to the edge50 series, the Motorola edge50 Ultra is a smartphone full of intelligence and art that makes it truly unique in its segment. This effortlessly intelligent flagship smartphone features Moto ai, containing numerous functions such as style sync with AI generative theming, magic canvas with text to prompt image generation, and several other cutting-edge innovations. Apart from this, the smartphone comes with Motorola’s most impressive camera system ever, boasting an AI-powered Pantone™ validated camera. Additionally, the Motorola edge50 Ultra also comes with the revolutionary Smart Connect feature which allows effortless connectivity between devices and flaunts a nearly borderless 6.7″ curved, pOLED display, with a beautifully crafted harmonious design and segment’s only TurboPower™ 50W wireless charging along with 125W TurboPower™ charging. The smartphone comes with IP68 underwater protection along with Gorilla Glass Victus display protection and boasts 12GB RAM + 512GB Storage for a faster and more efficient performance.

    The Motorola edge50 Ultra powered by Moto ai creates consumer delight with the AI Magic Canvas feature that allows users to generate images via text inputs, bringing the user’s imagination to life and making it effortless to create any art for your work, WhatsApp shares, memes, content creation and more. Besides incredible GenAI features, MotoAI has been well integrated into the camera system. The Motorola edge50 Ultra features a pro-grade camera system that effortlessly captures stunning photos and videos with the most advanced camera technology powered by moto ai, making it the brand’s most impressive camera system ever. The AI features included in the camera are, AI Action Shot which quickly takes blur-free photos even if the subject is in motion, AI Adaptive Stabilization that uses AI to recognize movement while filming, and dynamically adjusts the stabilization level for the best results while Intelligent Auto Focus Tracking automatically focuses on the primary subject without manually selecting it. Additionally, the AI Photo Enhancement Engine improves the dynamic range, boosting the ratio between the brightest and darkest parts of an image while delivering finer image details, which is essential when zooming. Other AI features include Smart Color Segmentation which analyzes photos to deliver enhanced, individualized tuning for specific segments, Advanced Long Exposure, and Video Horizon Lock. 

    The Motorola edge50 Ultra boasts a Pantone Validated True color 50MP main camera featuring a main 1/1.3″ sensor with a massive 2.4μm pixel size which absorbs 20% more light than the previous generation for sharp and bright photos in every situation. Its Laser Autofocus gauges the distance of the subject and focuses swiftly, so users never miss a thing, moreover with its omni-directional PDAF, users get 32x more focusing pixels for faster, more accurate performance in any light. Coupled with OIS which eliminates unwanted shakes, so the photos are crystal clear. The second rear camera is a 50MP Ultrawide + Macro Vision camera with a 122º ultra-wide-angle lens to capture more in just one click. The ultra-wide sensor boosts brightness and sharpness in low light as well by combining multiple pixels into one large pixel and built in macro vision brings the users 4x closer than a standard lens. The third camera in the rear camera system is the world’s 1st 64MP 3x telephoto optical zoom lens with OIS and 100x advanced hybrid zoom. The 3x telephoto lens equates to a 72mm equivalent focal length, so more of the subject can fill the frame as compared to the main lens. On the front, the Motorola edge50 Ultra sports a 50MP selfie cam, one of the highest-resolution front cameras. Users can now enjoy 4x better low-light sensitivity with Quad Pixel technology, which combines every four pixels into one and get great results in dark environments with an aperture of f/1.9 which is wider than most selfie cams.

    The camera system comes with numerous modes and settings, such as Tilt Shift mode which captures images with multiple points of focus for any angle bokeh effect. This Pro-grade camera is capable of four portrait modes to capture professional-looking portraits with different intensity levels, by adjusting the focal lengths between full view (25mm), wide (35mm), standard (50mm), or close-up (85mm) and for the first time, access to Adobe Doc Scan right from the camera. All this along with the integration of Google AI Features like AI Magic Eraser, Photo Unblur and Magic Editor into this Pantone™ validated camera. Remove unwanted distractions with AI Magic Eraser, Improve out-of-focus or blurry photos, both new and old with Photo Unblur feature or use Magic Editor feature in Google Photos to reimagine your photos using generative AI, just tap or circle the object, hold and drag to reposition, or pinch to resize them. 

    In terms of cross device connectivity, the Motorola edge50 Ultra leads the pack as the revolutionary Smart Connect feature. Smart Connect seamlessly unites multiple devices, enabling effortless task transitions across phone, tablet and PC’s making it a key component for a unified and efficient digital life. Within Smart Connect, users will get multiple functionalities like Swipe to Share, Cross Device Control, Context Aware Phone, Universal Clipboard, Share Hub, App Stream and much more. Each with its own unique advantages designed to facilitate seamless integration.

    With the Motorola edge50 Ultra, users can immerse themselves in a nearly borderless 6.7″ pOLED display with 2800nits of peak brightness for clearer outdoor visibility thus making it the best ever in a Motorola edge series smartphone. Its Super HD (1220p) resolution delivers 13% better resolution than the previous generation for clearer, more vibrant pictures with sharper details and less pixelation. Users can watch HDR10+ movies, shows, and more in a billion shades of true-to-life color while getting an unbelievably fast 144Hz refresh rate that makes switching between apps, playing games, and scrolling through content incredibly smooth and fluid. Plus, the refresh rate adjusts automatically based on the type of content on the screen, and with a low latency 360Hz touch rate, users will experience far more responsiveness than a standard display. Just like the camera, the display is also Pantone™ validated, it has met Pantone’s evaluation and grading criteria by authentically simulating the full range of real-world Pantone Colors. Pantone SkinTone™ Validated assures the display is truly representing the vast spectrum of human skin tones. This display also comes with ultra-tough Corning® Gorilla® Glass Victus® Protection which ensures durability and scratch free use.

    Speaking on the launch, T.M. Narasimhan, Managing Director, Motorola India said “At Motorola, we’re dedicated to excellence with each new release. The Motorola edge50 Ultra represents a significant leap in AI-driven smartphone technology, marking our most advanced device to date. This phone underscores our dedication to meaningful innovation, extending beyond hardware. Packed with exceptional AI capabilities, a stand-out real wood inspired design, interconnected ecosystem experiences and more this device effortlessly redefines true flagship experience for Indian consumers. We’re confident that the Motorola edge50 Ultra will deliver a revolutionary smartphone experience to our customers.”

    The Motorola edge50 Ultra is thoughtfully crafted with a sense of harmony and its curved edges perfectly fit the natural contours of the hand. The smartphone comes in different styles and finishes. It is the world’s 1st FSC-certified real wood body that’s inspired by nature and infused with a subtle wood fragrance. then there’s soft, natural-feeling vegan leather that’s inviting to the touch, The vegan leather variant is available in two colours, Forest Grey and Peach Fuzz- Pantone Color of the year 2024. While the wood finish is available in a single colour called Nordic Wood.

    Powering all this is the Motorola edge50 Ultra’s massive 4500mAh battery with segment’s only TurboPower™ 50W wireless charging along with 125W TurboPower™ charging. It also has segment’s only 10W wireless power sharing to charge ecosystem devices and the smartphone charges completely in just 18 minutes under ideal conditions. The smartphone also comes with IP68 underwater protection, that can withstand dust, dirt, and sand, along with submersion in 1.5 meters of water for up to 30 minutes. With regards to performance, the smartphone is equipped with Snapdragon 8s Gen 3 processor for ultimate performance. Users will get speeds up to 3.0 GHz for faster multitasking and improved efficiency, along with on-device generative AI at breakneck speeds owing to the supercharged Qualcomm® AI Engine. Moreover, the Motorola edge50 Ultra provides the fastest LPDDR5X memory available and the latest 12GB RAM + 512GB UFS 4.0 storage in addition to 17 blazing-fast 5G speeds with support for Wi-Fi 7 networks.

    The Motorola edge50 Ultra uses advanced thermal components to regulate heat, with a vapor chamber cooling system, featuring an impressive chamber surface area of 5,034mm2. On the multimedia front, the smartphone comes equipped with two large stereo speakers with Dolby Atmos®. This allows users to have the most engaging and entertaining multimedia experience while enjoying crisper visuals and cleaner audio. Furthermore, Dolby’s head tracking technology identifies the location of sound as the user turns their head, recalibrating to give them a more natural sound experience. While Qualcomm® Snapdragon Sound™ delivers incredibly immersive detail in games, movies, music, and more using Bluetooth®.

    With the launch of the Motorola edge50 Ultra, Motorola is also introducing a more personalized and intuitive Hello UI having all Moto apps at one place and latest Android 14 with assured 3 OS upgrades and 4 years of SMR updates. Hello UI features include, Moto Gestures, Moto Secure with Thinkshield,

    Family Spaces, Moto Unplugged, and Personalize 5.0. The new Motorola edge50 Ultra is more than just an advanced smartphone, it’s also pushing the boundaries of sustainable packaging and product design with an eco-friendly box, which is plastic-free, features natural soy ink printing, and uses recycled and recyclable materials. Including packaging card stock made with over 60% recycled materials from FSC-certified sources.

    Availability:

    The Motorola edge50 Ultra is available in real wood finish design referred to as Nordic Wood. It is also available in vegan leather finish in two colors, Forest Grey and Peach Fuzz- Pantone Color of the year 2024.

    The smartphone will go on sale from 24th Jun 2024, 12PM on Flipkart, Motorola.in and leading retail stores including Reliance Digital.

    Launch Price:                           

    12GB+512GB               : INR 59,999

    Special Introductory Offer

    Additional Rs 5000 discount as Special Introductory Offer for limited period only

    12GB+512GB               : INR 54,999

    Affordability Offers:

    Rs. 5,000 Instant Bank discount from leading banks like HDFC and ICICI banks

    Consumers can also avail No Cost EMIs up to 12 Months starting at 4,167/ per month from leading banks

    Effective Price with offer:

    For 12GB+512GB variant: INR 49,999 (including introductory and bank offer)

    To know more about the product visit:   

    Flipkart                             –   www.flipkart.com/motorola-edge-50-ultra-5g-coming-soon-store

    Motorola website     –   www.motorola.in/smartphones-motorola-edge-50-ultra/p

  • Market Outlook: Monsoon, Budget, other factors to drive markets this week

    India stock markets will keep closed on Monday on the account of Eid-ul-Adha. Trading on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will resume on Tuesday.

    This week plenty of factors will affect markets.

    The Centre will present the Budget in July and any related updates will affect the market movement. Additionally, monsoon and institutional consumers’ inflow information will in all probability be important for the market.

    On the worldwide entrance, information from China, actions throughout the buck index, and US bond yields will in all probability be important.

    NSE

    National Stock Exchange (NSE) developingIANS

    Recent information from China has painted a mixed picture, exhibiting a stronger restoration in exterior demand nonetheless weak house consumption. Expectations are that Industrial Production will edge lower to 6.4 per cent year-on-year from 6.7 per cent. This slight decline might replicate potential factors throughout the present chain or a dip in worldwide demand.

    sensex

    IANS

    Santosh Meena, Head of Research, Swastika Investmart Ltd, talked about, “Currently Nifty is coping with resistance throughout the fluctuate of 23,400 to 23,500. In case of a decline, help is at 23,200 to 23,100. If Nifty goes above 23,500, it’d go up to 23,800 and even 24,000.”

    Arvinder Singh Nanda, Senior Vice President, of Master Capital Services Ltd, talked about, “Bank Nifty is throughout the fluctuate of fifty,000. If it breaks the extent of fifty,200 then it’d go up to 51,000. There is a strong help zone at 49,500 to 49,400. If there’s extra decline then it’d go up to 49,000.”

    (With inputs from IANS)

  • CRISIL Market Intelligence And Analytics As Of 14 June 2024

    CRISIL’s outlook on near-term rates

    MUMBAI: In June, domestic G-sec yields are likely to be influenced by a range of factors, such as foreign portfolio investor (FPI) flows, crude oil price movements, the rupee-dollar equation, outcome of the US Federal Open Market Committee, (FOMC) domestic inflows into the debt market, and announcement of G-sec auctions, amongst others.

    Three-month view

    The 10-year G-sec yield is expected to react to FPI flows, crude prices, global interest rates, the CPI inflation print, rate decisions by the RBI MPC and FOMC, global cues, and liquidity concerns.

    Framework for the outlook

    CRISIL provides its outlook on key benchmark rates for different debt classes — 10-year G-secs, state development loans (SDLs), and corporate bonds (CBs) — based on statistical models and inputs from our in-house experts. We also incorporate our views on policy expectations, the macroeconomic outlook, key events (local and global), and market factors (liquidity and demand/supply).

  • Indian stocks breaking market cap benchmarks globally

    As Indian inventory markets proceed to the touch recent new highs virtually daily submit the formation of the brand new authorities, they’re additionally breaking world benchmarks.

    In a brand new feat, India has reclaimed the fourth-biggest world fairness market tag from Hong Kong.

    The nation’s market capitalisation soared 10 per cent to succeed in $5.2 trillion (BSE-listed firms).

    Indian stocks breaking market cap benchmarks globally

    Indian stocks breaking market cap benchmarks globallyIANS

    In comparability, Hong Kong’s fairness market cap is $5.17 trillion, down 5.4 per cent from the excessive of $5.47 trillion this yr.

    On a price-to-book foundation, India trades at 3 occasions, whereas Hong Kong is at only one time.

    This comes because the Indian inventory market has seen a major rally in current months and is now attracting world funds that are going to speed up within the close to future.

    The National Stock Exchange (NSE) benchmark Nifty surged practically 6 per cent within the final month and 11.84 per cent within the final six months.

    According to market analysts, Nifty is anticipated to succeed in 25,816 within the subsequent 12 months.

    The Prabhudas Lilladher consultants anticipate that the BJP-led NDA authorities will maintain its concentrate on capital expenditure-driven development, notably in sectors corresponding to production-linked incentives (PLI), infrastructure growth, together with roads, ports, aviation, defence, railways, and inexperienced vitality.

    NSE

    National Stock Exchange (NSE) constructingIANS

    This expectation is supported by a 20 bps discount within the fiscal deficit for FY24, regular monsoon forecasts, and an anticipated dividend of Rs 2.1 trillion from the RBI.

    The analysts count on the NDA authorities to extend concentrate on farmers, rural, city poor and center class to arrest the influence of latest social engineering-cum-freebies led reversal in sure states in current elections

    Meanwhile, the inventory markets have emerged as a favorite funding vacation spot for retail buyers.

    According to consultants, the foremost driving forces on this bull market are the Indian retail buyers, together with HNIs, and large promoting by the FIIs is getting eclipsed by the aggressive shopping for of DIIs and retail buyers.

    (With inputs from IANS)

  • 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.

  • Epson retains the No.1 position in the Indian Projector Market for the eighth consecutive year

    Epson retains the No.1 position in the Indian Projector Market for the eighth consecutive yearIndia, June 14, 2024: Epson, a worldwide chief in digital imaging and printing choices, at current launched its continued administration and year-on-year market share improvement in the Indian projector market. According to the latest data revealed by Futuresource Consulting for FY23, Epson provided 77,637 projectors out of the normal 172,414 projectors provided in the nation all through the fiscal year 2023-24. This gave Epson a serious market share of 45.03% in FY2023. Epson has grown its market share by 13% in FY2023 from its earlier share of 31.54% in FY2022. Futuresource Consulting are market specialists in seen reveals and are accepted as the worldwide projector commerce commonplace.

    Epson has been the chief in the Indian projector market since the FY 2016-17. Globally, Epson has been the No. 1 projector mannequin position for 22 years, with a Global market share of 32.3% in FY 2022-23. Epson stays the market chief in every B2B and B2C lessons.  Epson attributes its success to its proprietary 3LCD know-how which delivers vibrant and true-to-life images with as a lot as 3 events elevated shade vibrancy and the subsequent shade gamut than others. Epson says its projectors have all the time been renowned for their high-quality effectivity, revolutionary choices and superior know-how. The most recent projectors elevate the individual experience with Laser light provide, Ultra Short throw, 3LCD Reflective Laser know-how and 4K for state-of-the-art home theatre projectors. Epson says it should proceed to focus on creating cutting-edge utilized sciences and choices to ensure it stays the most preferred projector mannequin every in India & Worldwide.

    Epson’s key segments for projectors embrace education, corporates, authorities and residential, with each presenting very important improvement alternate options. Epson projectors are primarily used in firm meeting rooms for reveals, for collaborating school college students in lecture rooms, for huge venue and theatre type projections and for an elevated home theatre experience. Demand is being fueled by digital lecture rooms, hybrid meeting rooms, teaching rooms, projection mapping, digital paintings galleries, rental and staging, and residential leisure.  The newer shift in the path of Laser light provide projectors with longer lifetime of upto 30,000 hours is supporting greener and cost-efficient workplaces. In the education sector, digitization and interactive finding out are driving projector adoption. Smart choices like wi-fi connectivity and mobile compatibility further enhance attraction, reflecting a improvement in the path of a seamless, helpful multimedia experiences.

    Commenting on the achievement, Mr. A. Ok. Harish, Senior General Manager – Visual Products, Epson India, acknowledged, “We are delighted to not merely retain the No.1 position in the Indian projector market for FY2023, nonetheless to significantly enhance our market share as successfully. We have been the market leaders in India for a number of years now. Over the years, the projector market has developed significantly, offering a further superior individual experience along with seamless choices. Epson has persistently been at the forefront of this transformation, delivering merchandise that current vibrant, true-to-life images and a viewing experience that exceeds purchaser expectations”.


    Mansi Praharaj

  • 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

  • Retail investors turn new power players in Indian stock market [details]

    INVESTMENT

    Retail investors, together with High Net Worth Individuals (HNIs), have emerged because the driving power in the Indian stock market, outpacing Foreign Institutional Investors (FIIs) and different massive investors.

    This development was notably evident in the course of the market rally on June 3, 2024, when retail investors offered shares price Rs 8,588 crore, whereas FIIs and mutual funds invested greater than Rs 10,000 crore.

    Despite the Nifty falling 5.9 per cent on June 4, 2024, retail investors demonstrated their optimism and shopping for power by buying fairness price Rs 21,179 crore. The emergence of retail investors as trendsetters in the Indian stock market is a big growth, and their affect is more likely to form market tendencies and funding methods in the years to return.

    The aftermath of the Covid-19 pandemic has caused a big shift in the Indian stock market’s investor base. Retail investors, together with High Net Worth Individuals (HNIs), have emerged because the driving power in the market, outpacing Foreign Institutional Investors (FIIs) and different massive investors. This shift is a testomony to the strategic decision-making and well timed actions of retail investors, who’ve demonstrated their potential to navigate the market’s volatility and capitalize on alternatives.

    This development was notably evident in the course of the market rally on June 3, 2024, triggered by the Exit Polls. On today, retail investors offered shares price Rs 8,588 crore, whereas FIIs and mutual funds invested greater than Rs 10,000 crore. This divergence in funding actions underscores the unbiased decision-making of retail investors, who aren’t swayed by the actions of institutional investors.

    The affect of retail investors was additional highlighted on June 4, 2024, the day the outcomes of the 2024 Lok Sabha elections have been declared. Despite the Nifty falling 5.9 per cent, retail investors demonstrated their optimism and shopping for power by buying fairness price Rs 21,179 crore. In distinction, FIIs and mutual funds offered fairness price Rs 12,511 crore and Rs 6,249 crore respectively.

    Metal stocks lead spurt in Sensex

    IANS

    The day after the election outcomes, retail investors continued their funding spree, injecting Rs 3,006 crore into the market. Meanwhile, FIIs offered fairness price Rs 6,481 crore, and mutual funds invested Rs 2,672 crore. These figures underscore the numerous position retail investors are taking part in in the Indian stock market, with their aggressive shopping for offsetting the massive sell-offs by FIIs.

    Market consultants have famous this shift, stating, It is vital to grasp that the main driving power in this bull market, are the Indian retail investors, together with HNIs. Big promoting by FIIs is getting eclipsed by the aggressive shopping for of DIIs and retail investors. This assertion not solely acknowledges the affect of retail investors but additionally highlights their contribution to the present bull market.

    In addition to direct fairness investments, retail investors are additionally more and more investing in Systematic Investment Plans (SIPs). The common month-to-month SIP determine has reached round Rs 20,000 crore, indicating an increase in retail investor participation and their long-term funding outlook.

    This development of retail investors main the market just isn’t an remoted phenomenon. In the previous, retail investors have performed a big position in driving market tendencies. For occasion, in the course of the 2008 monetary disaster, retail investors in the US have been instrumental in driving the restoration of the stock market. Their aggressive shopping for helped stabilize the market and set the stage for the next bull run.

    In conclusion, the emergence of retail investors as trendsetters in the Indian stock market is a big growth. Their strategic decision-making, well timed actions, and aggressive shopping for haven’t solely helped them capitalize on market alternatives but additionally pushed the present bull market. As the Indian stock market continues to evolve, the position of retail investors is predicted to turn out to be much more outstanding. Their affect is more likely to form market tendencies and funding methods in the years to return. This shift in market dynamics underscores the rising power and affect of retail investors in shaping the way forward for the Indian stock market.