Thursday, April 15, 2021

Godrej Air Conditioners With 99.9%+ Virus Sterilization, Supplement Heavy Duty Cooling With Health Assurance

* Godrej Appliances undertakes strategic expansion with in-house backward integrated AC manufacturing plant, in line with its self-reliance vision.

* Godrej Appliances introduces 100% Made in India ACs. Spanning more than 30 models across segments, the latest range of Air Conditioners use only the most eco-friendly refrigerants – R290 and R32 which have the lowest global warming potential.

* Godrej Appliances is the only AC manufacturer in India to use the world’s greenest R290 refrigerant which has the lowest global warming potential and zero ozone depleting potential

* The brand will invest INR 100 Cr in both manufacturing units at Shirwal and Mohali by 2025, to augment their AC production capacity to 8 lakh units.

* The brand targets a market share of 10% over the next 3 years in the AC category.

In line with its brand philosophy of ‘Soch Ke Banaya Hai’ and the brand value of Environment, Godrej Appliances, a business of Godrej & Boyce, the flagship company of the Godrej Group and one of the leading players in the Home Appliances industry, launched its range of 100% Made in India eco-friendly air conditioners with the added assurance of health. The new air conditioners come with a special ‘Nano-Coated Anti-Viral Filtration Technology’ which eliminates 99.9% viral and bacterial particles coming in contact with the Nano Coated Filter surface, safeguarding consumer health and improve the hygiene at home. Driving its commitment towards ‘Make in India’, the brand has set up a new AC manufacturing unit at its Shirwal factory. The entire new range spanning 30 models, uses only the most eco-friendly refrigerants – R290 and R32, thus offering the lowest Global Warming Potential (GWP).

The ongoing Covid pandemic has influenced purchase behaviour across categories with consumers seeking better health, hygiene and comfort at home where they are spending a lot more time. People are warming up to more sustainable, eco-friendly offerings. The other significant shift has been greater consciousness towards supporting India-Made Products.  For the economy too, the pandemic has highlighted the importance of securing supply chains and being self-reliant. This is in line with the government’s vision of AtmaNirbhar Bharat which necessitates indigenous manufacturing, developing a pool of skilled labour and an ecosystem of component manufacturing in the country.

Manufacturing is one of the core strengths of Godrej Appliances. Via backward integrations, the brand has been working steadily over the years towards upping its indigenous manufacturing capabilities, with an intention to manufacture nearly all its product categories locally. Over the last seven years, the brand has invested Rs. 1100 crore in capacity, R&D and technology expansion, demonstrating attesting its commitment to ‘Make in India’. The brand recently inaugurated its new Air Conditioner manufacturing unit at its Shirwal factory in Maharashtra, in the presence of Ms. Nyrika Holkar, Executive Director – Godrej & Boyce and Mr. Kamal Nandi – Business Head and Executive Vice President – Godrej Appliances

The new AC line in Shirwal is spread across 1.50 lakh sqft. The brand has invested INR 50 Crores in capital, dedicated to machinery, tools infrastructure and backward integration for the air conditioner category including AC heat exchanger coils & Indoor Units. This will add 4 lakh units of AC production capacity at Shirwal in 2021. Another 4 lakh units of AC production capacity will be added in Mohali by 2025 with an additional similar investment, taking the total investment to Rs. 100 Cr. The backward integrated manufacturing unit will equip the brand with greater agility and flexibility in terms of its offerings – both features and aesthetics, enabling it to respond faster to changing consumer needs.

Commenting on the new assembly line, Mr. Kamal Nandi, Business Head and Executive Vice President – Godrej Appliances, said, “We take pride in our manufacturing capabilities. Both of our manufacturing plants at Shirwal and Mohali are the first in India to be coveted with CII’s GreenCo Platinum Plus rating, for our sustainable and green manufacturing practices. We have been working towards improving our indigenous manufacturing capabilities through backward integrations, moving a step closer to being able to manufacture most of our product categories in-house. The newly set up air conditioner manufacturing unit is yet another concrete step in bringing alive our founder’s vision of a self-reliant India, while taking care of the environment. A capital of INR 100 Cr is earmarked for the venture of ~100% in-house manufacturing of eco-friendly ACs in Shirwal and Mohali by 2025, augmenting production capacity to 8 lakh units. The new ACs supplement heavy duty cooling with 99.9%+ virus sterilization thanks to Anti-Viral Nano filtration technology, in view of the need for greater hygiene at homes.”

The nano-coated anti-viral filter has a special chemical coating that eliminates 99.9%+ viral and bacterial particles coming in its contact. The filter continues to retain its efficacy even after 50 washes, during routine maintenance, ensuring that it protects you throughout the life of the air conditioner.

Godrej Air Conditioners offer a host of consumer benefits.

1.    Heavy Duty Lasting Cooling:

a.    Powerful cooling with twin rotary compressors.

b.    100% copper condenser & connecting pipes for long-term reliability and durability

c.    Heavy Duty Outdoor units with higher weight indicating better build and quality

d.    Corrosion-resistant blue fin technology in the evaporator and the condenser.

2.    Health, hygiene & comfort

a.    Anti-Viral Nano-coated filter technology for 99.9%+ virus and bacteria sterilisation

b.    Self-cleaning technology which inhibits bacterial growth and corrosion of the air conditioner.

c.    An Outdoor Unit with acoustic jacketing and an IDU with a BLDC motor for silent operation.

d.    Sleep mode that ensures comfort through the night

3.    Eco-friendly & Energy Efficient

a.    Uses only the greenest refrigerants R290 and R32 across its range.

b.    Only brand to offer world’s greenest R290 refrigerant technology, with Zero Ozone Depletion Potential and negligible Global Warming Potential

c.    Available in super efficient 5-star energy rating

The machines come with a 10-year inverter compressor warranty for added peace of mind. To further enhance its offering during the season, Godrej is providing limited period offers like subsidized installation offers along with the convenience of Same Day Installation at key cities and attractive finance offers on the entire range along with extended warranty benefits.

Santosh Salian, Product Group Head – Air Conditioners, Godrej Appliances, added, “Summers are becoming harsher every year and temperatures are already soaring in April this year. Last summer was a washout for the AC category industry wide, but we are upbeat about this summer season and expect that there will be good demand for ACs, partly influenced by the continued work and schooling from home trend also. We also offer a very strong 2 Tr Split AC portfolio, which is being positioned as a ‘living room AC’. Godrej Air Conditioners are known for heavy duty, energy efficient, and environment friendly cooling. We have retained all this but with the pandemic influencing people’s need for increased hygiene and health, our new ACs are also equipped with 99.9%+ viral and bacterial sterilisation. The wide range of eco-friendly products will be available across all channels and leading stores. With this 100% Made in India and Greenest AC range, we are confident of strengthening our position by growing our market share to 10% over the next 3 years.”

Service plays an important role in appliances as a whole, but especially so, in ACs. Godrej Smartcare, the service brand of Godrej Appliances was rated No.1 in a large-scale consumer research, two years in a row. Godrej Smartcare offers the widest service network with 680 service centres, more than 4500 Smartbuddy technicians who you can track via an app, a 24x7 call centre in 14 regional languages, WhatsApp service option and 185 Smart Mobile vans for enhanced reach and faster service.

The new range of eco-friendly and healthy Godrej ACs are available in both inverter and fixed speed technology, split ACs in 5-star and 3-star energy ratings.  

About Godrej Appliances

Godrej Appliances, a business unit of the highly diversified Godrej & Boyce Mfg. Co. Ltd. is one of the leading Home Appliances players in India. Godrej was the first Indian Company in 1958 to manufacture Refrigerators and has since then, expanded its portfolio across many other categories like Washing Machines, Air Conditioners, Microwave Ovens, futuristic Thermo-electric cooling solutions, Air Coolers, Deep Freezers, highly specialized Medical Refrigerators and more recently, UVC Technology-Based Disinfecting devices and Dishwashers, all powered by the driving philosophy of 'Things made thoughtfully’/ ‘Soch Ke Banaya Hai’. 

This thought extends from human-centric design to planet centric design. Environment is a core value at Godrej Appliances. Both manufacturing units of Godrej Appliances’ - in Maharashtra and Punjab, became the first in the country to win the coveted Platinum Plus Green Co certification for their pioneering green manufacturing practices. 

The brand takes pride in not just its carefully designed products and environment-friendly technologies, but also best in class after-sales service delivered through over 680 service centers and more than 4500 SmartBuddy service experts spread all over the country. Godrej customers can now book or track service requests on WhatsApp (9321665511), besides the toll-free 1800 209 5511.

LTI Appoints Anil Rander As Its New Chief Financial Officer At Mumbai

* Anil Rander brings multifaceted financial leadership experience to the company

Larsen & Toubro Infotech (BSE: 540005, NSE: LTI), a global technology consulting and digital solutions company has appointed Anil Rander as its Chief Financial Officer. 

Anil is a seasoned finance leader with more than 27 years of multifaceted experience in driving business performance and growth. His expertise ranges across business and financial strategy formulation, fiscal management, corporate accounting, investor relations, pricing, risk management, internal audit and financial controls.

Sanjay Jalona, CEO & Managing Director, LTI, said “The role of CFO is evolving rapidly, and I am pleased to welcome Anil to our leadership team at this critical juncture in our journey. His financial leadership and business acumen will enable us to chart the next phase of growth for LTI. We remain committed to pushing industry benchmarks on business excellence.”

Anil joins LTI from Tech Mahindra where he was the Senior Vice President for Finance and Legal functions and Global Head of Finance for BPS. Before this role, Anil was with Hutchison Max Telecom Ltd where he looked after management accounting. His other stints have been with Alpic Finance and A.F. Ferguson & Co.

Anil is a Chartered Account, Cost Accountant and a Company Secretary. He has won multiple industry accolades for outstanding contributions during his illustrious career.  He will be based out of LTI’s headquarter in Mumbai, India.

About LTI:

LTI (NSE: LTI) is a global technology consulting and digital solutions Company helping more than 400 clients succeed in a converging world. With operations in 31 countries, we go the extra mile for our clients and accelerate their digital transformation with LTI’s Mosaic platform enabling their mobile, social, analytics, IoT and cloud journeys. Founded in 1997 as a subsidiary of Larsen & Toubro Limited, our unique heritage gives us unrivalled real-world expertise to solve the most complex challenges of enterprises across all industries. Each day, our team of more than 33,000 LTItes enable our clients to improve the effectiveness of their business and technology operations and deliver value to their customers, employees and shareholders. Follow us at @LTI_Global. 

Aspire Systems Wins Global Business Excellence Awards For Outstanding Employer 2021

Aspire Systems, a global technology services firm, has won the Global Business Excellence Award 2021 in the Outstanding Employer category. The award aims to celebrate organizations that put people first and empower employees with their stellar people practices. The award is the second significant win for the organization in recent times. Aspire Systems also won the prestigious 11th CII National HR Excellence Award 2020-21 in the Strong Commitment to HR Excellence category. 

Aspire Systems, a Great Place to Work® certified organization, has always focused on crafting best-in-class HR strategies and initiatives that inspire and motivate Aspirians to grow as individuals and contribute to the success of the business in the long term.  

Mr. Dinesh Kumar TK, VP Human Resources, Aspire Systems, said, “This award is a recognition of our people-centric culture and our efforts in providing an environment that promotes work-life balance, diversity, and continuous learning, and fosters a spirit of innovation. We would like to thank each and every Aspirian for their hard work and dedication which makes such awards possible.” 

The Global Business Excellence Awards are one of the world’s highest profile awards. Due to their high profile, the Awards attract a wide range of entries from across the world, from large international PLCs and public sector organisations to dynamic and innovative SMEs. The winners are selected based on strict criteria for each category and sector; focussing on financial results, innovation, customer, employee, investor and community benefits. 

About Aspire Systems: 

Aspire Systems is a global technology services firm serving as a trusted technology partner for more than 200 customers across the globe. Aspire works with the world's most innovative enterprises and software product companies, helping them leverage technology to transform their business in the current digital landscape. Its proven approach to Software Engineering & Digital Technologies helps companies run smart business models. Aspire’s core philosophy of ‘Attention. Always.’ communicates its belief in lavishing care and attention to its customers and employees. The company currently has over 3200 employees, globally and is CMMI Level 3 certified. It operates across North America, LATAM, Europe, Middle East and Asia Pacific. Aspire Systems has been recognized for the 11th time in a row as one of the Top 100 ‘Best Companies to Work For’ by the Great Place to Work® Institute. 

Atlassian Plans To Recruit 300 R&D Engineers In India By 2022

* The company aims to hire 1000 employees globally as part of a major recruitment drive in 2021 

Atlassian Corporation Plc (NASDAQ: TEAM), a leading provider of team collaboration and productivity software and the maker of Jira, Confluence, Bitbucket and Trello, today announced it plans to hire over 1000 employees globally including 300 R&D engineers in India, over the next year as part of a major recruitment drive. 

The company will recruit a range of front-end and back-end engineers, with a major focus on R&D engineers in India. With nearly 700 employees at present, Atlassian’s R&D and customer support center at Bangalore is looking to further scale its operations. Being a true world-class R&D center, operational since 2018 and employing the smartest technical minds, it’s Atlassian’s fastest growing R&D site. 

The company is known for fostering a culture of openness & transparency and is a strong advocate on how the future of work will reshape workplaces, practices, and policies. It recently unveiled a host of benefits, employee-first policies, and resources to support the personal and professional growth of its employees globally. As part of this, the company offers five days paid foundation leave every year enabling all employees to volunteer at their preferred charity, giving them the opportunity to give back to the community. To tackle new remote ways of working accentuated by the pandemic, Atlassian is also providing all employees with an allowance of $US500 to enable an effective WFH environment, in addition to its existing perks and benefits. 

Dinesh Ajmera, Site Lead and Head of Engineering, Bengaluru, Atlassian said, “We have invested significantly in talent acquisition in India but the ongoing pandemic which has fuelled a sharp rise in team collaboration and productivity software, has added the need to bring in even more talent. Globally, we’ve welcomed just short of 500 new Atlassians in the last quarter, mostly in R&D roles. As we continue to invest in and drive durable long-term growth, we also intend to maintain our ambitious hiring goals for the remainder of 2021. Atlassian offers the opportunity for engineers, whether they are just starting out their career or are seasoned pros, to work in a company with a startup culture but one that also has the safety and security of a multinational behind them. We continue to be recognised as a “Best Place to Work” by Great Place to Work Institute in nearly every market where we have an employee presence.” 

“Despite the pandemic, our journey as a cloud-first company is off to a good start in fiscal 2021. We have a strong presence of ITSM/ITOps teams in Bangalore who are having a large impact globally. We launched Jira Service Management for IT teams, made significant progress on enterprise capabilities in the cloud, and announced a three-year migration path to the cloud for on-premise customers. These are important milestones against two long-standing goals: bringing a world-class cloud experience to customers of all sizes and delivering continuous innovation that streamlines their most important workflows,” he further added. 

Atlassian’s total customers rose by a record 11,617 net-new customers of all sizes, to 194,334 in the last quarter, up by 17.9% from a year ago. By serving IT teams, the company more than doubles their addressable opportunity in the technical teams’ market from 45M to 100M users.  

With respect to hiring, the Candidate Assessment Framework of Atlassian has enabled global consistency to the assessment and selection process for their candidates, interviewers and hiring managers' experience in the crafts they apply it to. It allows the interviewers to focus on potential of the employees and objectively evaluate the whole individual, aligning on values, experience, skills, and capabilities. 

About Atlassian 

Atlassian unleashes the potential of every team. Our team collaboration and productivity software helps teams organize, discuss, and complete shared work. Teams at more than 194,000 customers, across large and small organizations - including Bank of America, Redfin, NASA, Verizon, and Dropbox - use Atlassian’s project tracking, content creation and sharing, and service management products to work better together and deliver quality results on time. Learn more about our products, including Jira Software, Confluence, Jira Service Management, Trello, Bitbucket, and Jira Align at 

Infosys Records Steady Performance In Q4; In-Line FY22 Guidance

 ■    Infosys delivered a broadly in-line operating performance in Q4. Revenue growth was a tad softer, while EBITM came in slightly better than expectations. Revenues grew 2.8% QoQ to USD3.6bn (2% CC). Digital revenues rose 5.6%/38.6% QoQ/YoY to USD1.86bn.

■    Infosys guided for 12-14% YoY CC revenue growth for FY22, implying a 2.6-3.3% CQGR over Q1-Q4. The company guided for 22-24% EBITM, broadly in line with our estimates, factoring in the impact of wage hike (Jan'21 and Jul'21) and large deals' transition costs.

■    Large deal intake moderated sequentially but remained healthy at USD2.1bn in Q4 (52% new). Large deal TCV signed in FY21 was at an all-time high of ~USD14.1bn (+56.6% YoY) with net new deal wins of USD9.3bn (~2.7x YoY). The deal pipeline remains healthy.

■    We lowered FY22/23E EPS by <1%, factoring in FY21 performance, buyback and higher ETR. Q4 lacked positive surprises after strong growth in the last two quarters. Strong revenue momentum with stable margins, continued market share gain, strong deal intake, robust cash conversion and comparable cash payouts will narrow down the valuation gap with TCS. We maintain Buy/OW in EAP, with a TP of Rs1,550 at 25x FY23E earnings.

ACT Fibernet Launches In Its Home Camera – ACT Homecam Range

* Security camera that comes with easy installation, advanced smart features and works over Wi-Fi

ACT Fibernet, one of India’s largest fiber broadband ISP (Internet Service Provider) today announced the launch of a Home Camera, an important surveillance tool.  ACT home camera simplifies installation, works on Wi-Fi and is cost-effective thus making it ideal for home, home offices and retail establishments.

The ACT Homecam is quick and easy to set up, unlike other CCTV cameras. The ACT Homecam can be installed using the TP Link Tapo app available on google play. The camera is directly connected to the internet and the feed can be viewed from anywhere in the world on the app. Act Homecam works on ACT network only. A customer can have multiple cameras connected to a single app providing him with a simple one place access. 

The camera comes with a Crystal-clear picture with 2MP, 1080p for superior clarity, Fisheye -110 degrees camera for wide-angle coverage, Visible in the night up to 30ft with night vision feature. The ACT Homecam also allows two way talking with a mic and clear audio. Home Camera can store recording up to 24 days which helps the customer to go back and view the previous recordings with help of an external micro SD card expandable up to 128 GB.

Salient features of the camera include, 2MP HD, 1080p clarity, 110 degrees wide-angle and Night Vision Infrared Lens with view unto 30ft clarity.

Motion detection gives intelligent security and responds during an event with alert functions.

Micro SD card of 128 GB and storage up to 24 days.

Set a schedule for recording and playback when required. Also comes with a privacy mode to disable recording as and when required

Toggle between one/multiple camera views of live video

Voice call – Two way talking through camera

Enabled with Pan Tilt Zoom (PTZ) feature, where the user can pan the camera 360 degrees, tilt the camera lens 110 degrees through the app.

“We are beyond thrilled to bring the enhanced Home camera to our customers. Home cameras have now become a necessity in today’s environment especially for those living with old parents, monitoring small children, pets and even offices.” said Prasanna Gokhale, CTO, ACT Fibernet

ACT Fibernet always focuses on empowering customer with reliable service with speed, efficiency, and innovation. ACT Home cam will provide reliable and cost-effective security solutions to the consumers. The Home Camera is available for a monthly subscription of Rs 200 per month with Rs. 500 deposit or 2249+GST as the outright sale. It can be purchased both on the ACT Fibernet website and app.  

About ACT Fibernet

ACT Fibernet is one of largest wired ISPs (Internet Service Provider) in India. Headquartered in Bangalore it has operations in 19 cities with 1.8 million customers. ACT Fibernet is known for its cutting-edge technology and high-speed broadband connectivity that the company provides to its customers. In 2019, ACT Fibernet forayed in the consumer category with the launch of its product ACT stream TV 4K. ACT Fibernet was the first broadband service provider to bring 1 Giga speed connectivity in India to the city of Hyderabad in 2017, followed by Bengaluru and Chennai in 2018. ACT Fibernet has been recognized as India’s most Consistent Broadband Network in 2020 by Ookla, Best Brands 2020 in the broadband category by The Economic Times, Best Broadband for Streaming in Hyderabad and Chennai as per research conducted by InMobi in Sept 2020, and No.1 Broadband for Gaming according to The Times of India Report, 2020.

AdmitNXT To Revolutionise The Admission Process In Indian Market

* Caters to the entire admissions cycle of educational institutions from outreach to onboarding

* An incubate of the programme, AdmitNXT has received 1 crore along with expert mentorship from the Turbostart panel.

AdmitNXT, an AI First Admissions Solution is launched to cater to educational institutions around the world. This solution is a strategic response to the market's demand to enhance, organize and centralize the entire admission process. Within a single system, this platform manages all student data efficiently, provides actionable insights, and allows for better, data driven decision making.

The rising concerns amongst educational institutions regarding admission and enrollment numbers have only been amplified in these unprecedented times. They have struggled for two main reasons - either an aversion to technology enabled change or use of sub-par solutions that do not meet their real needs. What is needed is something that makes the entire process easier to use and efficient.

One of the greatest advantages of digitizing the application process is that applicants can submit applications at their convenience and stay up to date with its status. India has seen a growth of 50% internet penetration in 2020, encouraging more widespread digital adoption. Educational institutions will also be at a major advantage due to having quick access to student records and well-organized systems for navigating through candidates. It is more reliable, efficient and lowers chances of errors.

AdmitNXT’s AI First solution has been specifically designed in a way that provides institutions with a seamless way to manage the admissions process, from recruitment to enrollment, while ensuring that the solution can be completely configured to be similar to what the users are familiar with, so that adoption becomes easier.

AdmitNXT is aimed at enabling institutions to be more proactive in engaging with potential students, productive when it comes to communication and collaborative during decision making. This one-stop platform doesn’t just digitize, instead it goes miles ahead to refresh recruitment and acquisition methods and bring about a change in how engagement during admissions is run.

Led by a team of women who are helping those stuck in the old ways catch up with a more digital generation, AdmitNXT drives purposeful engagement and provides institutes with the right information to enable accurate data-driven decision making. It has been recognized by Turbostart for its innovative solution and potential to fill a crucial gap in the education sector.  As an incubate of the programme, AdmitNXT has received 1 crore along with expert mentorship from the Turbostart panel.

Commenting on the launch of the new solution, Nikita Sivakumar, Co-Founder & CEO said, “As audiences go digital, institutions must be ready to transform themselves. The idea behind introducing AdmitNXT is to offer a holistic solution that enhances the experience for all users, bridges the data gap and simplifies the entire process so as to ease the application complexities for educational institutions. We saw there are so many colleges and schools out there who could benefit from a solution that is easy to use, meets their needs, and then goes steps ahead to suggest ideas on how to improve.”

Natasha Rao, Co-Founder & COO said, “With the aim to revolutionize the admission process, we’re bringing paperless applications and seamless stakeholder engagement together into the educational landscape. With better insights, institutions can also make their recruitment process more efficient on this one-stop AI platform.

Simron Mohapatra, CPO said, “We have created AdmitNXT to be the first AI-powered admissions management tool that is poised to disrupt the edtech industry, with its advanced features and unique offerings. It's more than just a digitized and automation process for admissions. Instead, it would transform the entire old method of admission process for institutions as well as for students.”

From outreach to onboarding, AdmitNXT helps in application management and employs the use of intelligent recommendations to nurture the best fit candidates for your institute. Alongside these offerings, this hi-tech platform caters to institutions at a group level, giving you access to what is happening across your entities.

About AdmitNXT:

AdmitNXT is an AI First Admissions Solution for educational institutions around the world. This AI enabled platform provides a seamless solution for the admission process that benefits both students and administrators.  Conceptualized by a team that has driven digital transformation in education, this global product, has been perfected through experience & research and has been validated by sector experts.

Our team has taken time to understand what works, what doesn’t and how data can be utilized. The outcome is a platform built with rich features and functionalities, keeping user experience in mind. More importantly, it has been designed to fit into environments where other (legacy) systems are in place with well-defined integration capabilities, reducing transition and training time for teams as a result.

Madame’s Eco-Aware Collection Helps Women Choose Sustainable Fashion In Indian Market

Madame’s new collection “Eco-Aware” resonates with sustainability and environment awareness. This specially curated collection allows customers to choose clothing responsibly through sustainable and ethical products. The special Eco-Aware collection represents reproducibility through recycled fabrics, organic cotton and reducing waste to a minimum.  Apart from this, the collection is also designed prioritizing comfort and style along with beauty in simplicity, this collection illustrates smart casuals that are perfect for those mid-summer days.

Akhil Jain, Executive Director, Madame says, “Ethical and sustainable fashion is an approach towards sourcing, manufacturing and designing clothes which maximizes the benefits to the industry and society at large, at the same time minimizes the impacts on the environment. Madame supports clothing range designed with innovations that can go a long way in creating a framework that protects the system responsibly, without compromising on the design and fashion element.” With Linens making a statement, Eco-Aware collection meets the day head-on in sun-drenched hues with designs that depict the relaxed city elegance in the sweltering heat. This collection allows customers to customise their looks and make an exclusive statement for any occasion. The Eco-Aware collection offers wide range of floral dresses, tops, jackets, jumpsuit and pants which is suitable for any woman's wardrobe. 

Akhil also added, “For us ‘Sustainable fashion’ is a living philosophy and we are moving towards fully environmentally-friendly fashion. We are committed to providing environmentally responsible fashion and spreading awareness by constantly looking for ways to redefine fashion by creating sustainable and ethical products. Our long-term sustainability goal is to move towards becoming a 100% eco-friendly organization. We also plan to reduce the carbon footprint by at least 80% and become a carbon-negative company by 2030.” 

Price range: ÿ1699- ÿ2999

About Madame

Madame, a women’s fashion brand of western wear was launched in 1993. It caters to a wide range of apparel, handbags, footwear, and accessories for women. The brand provides fast fashion in-trend merchandise, casual wear, and party wear. In-Line with its global image, currently, Madame has 150+ exclusive stores in metros, Tier I & Tier-II cities. Ever since the start of its first store in 2002, the brand has briskly grown across India the brand is available in over 500+ retail outlets across the country. The brand is vended through online markets including Myntra, Ajio, Flipkart and Amazon, and its own online store, 

Wednesday, April 14, 2021

Enjoy Luxurious Cinematic Experience & Immersive Gaming At Home With New Samsung's Stunning Next-Gen Neo QLED TV

* Features Infinity One Design and Quantum Mini LEDs that are just 1/40th the size of conventional LEDs for ultra-fine light control, deepest black and greater contrast

* Consumers pre-booking select Neo QLED TVs can avail offers such as complimentary Galaxy Tab S7+, Galaxy Tab S6 Lite LTE, cashback of up to INR 20,000 and EMIs starting as low as INR 1,990 from April 15-30, 2021

Samsung, India’s No. 1 TV brand, today launched its ultra-premium Neo QLED TV range, a new benchmark in TV technology and design that will transform your living spaces. The new range sports a nearly bezel-less Infinity One Design and exceptionally true-to-life picture quality for a cinematic viewing experience.

Neo QLED TV will take QLED TVs to the next level with Quantum Mini LED, precisely controlled by Quantum Matrix Technology and Neo Quantum Processor, a powerful picture processor optimized for Neo QLED TV. These Mini LEDs are 40 times smaller than regular LEDs, which allows the device to display fine light and contrast levels. It increases the luminance scale that makes dark areas darker and bright areas brighter, resulting in a more precise and immersive HDR experience.

Samsung is introducing a whole new display technology, Neo QLED TV, to its flagship 8K and 4K TV models. The line-up will be available in 5 sizes 85-inch (2m 16cm), 75-inch (1m 89cm), 65-inch (1m 63cm), 55-inch (1m 38cm) and 50-inch (1m 25cm). Consumers pre-booking select Neo QLED TVs can avail offers such as complimentary Galaxy Tab S7+, Galaxy Tab S6 Lite LTE, cashback of up to INR 20,000 and EMIs starting as low as INR 1,990 from April 15-30, 2021.

Neo QLED TVs come with Samsung’s proprietary, powerful Neo Quantum Processor with enhanced upscaling capabilities. By using up to 16 different neural network models, each trained in AI upscaling and deep learning technology, the Neo Quantum Processor can optimize picture quality to 4K and 8K picture output regardless of the input quality.

The 2021 Neo QLED TV line-up has been designed with gaming in mind with its Motion Xcelerator Turbo+ feature for an immersive ultra-wide gaming experience. This gives gamers the option to play PC and console games with a Super Ultra-Wide Game View and Game Bar. The 2021 Neo QLED TV models provide a seamless gaming experience with Auto Low Latency Mode ensuring a reliable experience with no tearing and stuttering. They also feature the new and intuitive Game Bar that allows gamers to easily adjust the screen’s aspect ratio, check input lag, connect wireless headsets, and more. 

“Staying indoors most of the time has altered television consumption patterns. Consumers today prefer buying large screen premium TVs that not only lend a distinguished style statement to their living spaces but also offer a great viewing experience. With Neo QLED TVs, the next generation of QLED TVs, we are delivering breakthrough enhancements that allow consumers to unlock the full power of immersive TV viewing. The role of the TV in our lives has grown—and in 2021, Samsung continues to redefine the role of TV around the needs and passions of consumers,” said Raju Pullan, Senior Vice President, Consumer Electronics Business, Samsung India.

The new line-up also packs in several premium, room-filling audio features – Object Tracking Sound Pro’s dynamic sound corresponds to the movement of objects on screen and SpaceFit Sound analyzes the installed TV’s physical environment and provides immersive sound tailored specifically to your space.

The new line-up will come with the Samsung TV Plus service that was launched in India recently, offering consumers instant access to exciting content across genres such as news, lifestyle, technology, gaming and science, sports and outdoors, music, movies and bingeable shows, without any subscription and no additional device such as a set top box.

Price, Offers & Where to Buy

Samsung’s new range of Neo QLED 8K TVs will be available in two models - QN800A 75-inch and 65-inch and QN900A 85-inch.

The 2021 Neo QLED 4K TV line-up would also be available in two models - QN85A in 75-inch, 65-inch and 55-inch and QN90A in 85-inch, 65-inch, 55-inch and 50-inch.

Neo QLED TV range will be priced from INR 99,990 onwards and will be available at all Samsung retail stores, leading consumer electronics stores, and across online platforms, including Samsung’s official online store Samsung Shop.

Consumers pre-booking select Neo QLED TVs can avail offers such as complimentary Galaxy Tab S7+, Galaxy Tab S6 Lite LTE, cashback of up to INR 20,000 and EMIs starting as low as INR 1,990 from April 15-18, 2021 exclusively on Samsung’s official online store Samsung Shop.

From April 19-30, 2021, the same pre-book offers will also be available on Flipkart, Amazon and at all leading consumer electronics stores.


Consumers will be offered a 2-year warranty on all panels and a 10-year no screen burn-in warranty on Neo QLED 4K TVs.

About Samsung Neo QLED 

With the 2021 line-up, Samsung introduces its Neo QLED TV – a whole new world of QLED TVs with a perfect blend of design and premium features. The Neo QLED delivers cutting-edge Quantum Matrix Technology with a powerful Neo Quantum Processor. Samsung’s 2021 Neo QLED 8K and 4K models offer smart features that expand the role of the TV and help consumers meet their evolving needs.

The Neo QLED offers a whole new level of picture quality 

Quantum Matrix Technology

The Quantum Matrix Technology in the new line-up delivers a massive reduction in picture blooming using precise lighting, with detail-revealing deep black tones powered by tiny Quantum Mini LEDs. 

Neo Quantum Processor 4K and 8K

Neo Quantum Processors feature advanced AI Upscaling technology that utilizes data generated from up to 16 neural networks to produce a more detailed resolution, regardless of the image quality of the source. This results in enhanced visual details that make one feel like they are right there cheering from the stands. 

100% Colour Volume with Quantum Dot 

The new range of Neo QLED TVs features nano-sized Quantum Dots that enable one to see 100% colour volume in everything they watch, even in the brightest scenes.

Quantum HDR 

Quantum HDR technology takes you beyond the conventional TV experience with an expanded range of colour, brightness and contrast so that you can experience the full vibrancy of every image.

A revolution in design that removes bulk and distractions

Samsung’s 2021 Neo QLED 8K features a new Infinity One Design—a nearly bezel-less screen providing an even more immersive viewing experience in a sleek design and form factor. And Neo QLED 8K’s attachable Slim One Connect box—an all-new cable management system—allows for an easier install and cleaner aesthetic. With black edges all but erased, the Infinity screen offers new levels of immersive viewing and completely modernizes your space.

A complete sound experience like never before 

The 2021 Neo QLED comes with exclusive audio features like Object Tracking Sound Pro (OTS Pro) technology that lets you hear the action exactly where it's happening — if the action moves, the sound moves with it whichever way it goes. 

The Samsung Neo QLED TVs take sound one step further with Q-Symphony. Audio from Samsung Neo QLED TV comes together in harmony as Q-Symphony syncs them with your soundbar for a perfectly orchestrated surround sound experience.

The SpaceFit Sound feature allows you to enjoy perfect sound regardless of where and how you place your TV. SpaceFit sound technology analyzes the room environment and then auto-calibrates TV sound to its optimal settings.

When noisy distractions make it hard to hear what's being said on the TV, the Active Voice Amplifier feature comes into play on the Neo QLED TV. It uses ambient noise analysis and voice clarity optimization to enhance on-screen voices, producing clear and easily audible dialogue.

A gamer’s dream

The Samsung Neo QLED range of televisions feature Samsung’s Neo quantum processor 8K that supports gaming-focused features like higher frame rate, VRR (Variable Refresh Rate), ALLM (Auto Low Latency Mode) and eARC (Enhanced Audio Return Channel), ultra-precision light driving to name a few, all meeting HDMI 2.1 specifications. Motion Xcelerator Turbo+ allows you to never miss a beat with minimized blur and enhanced motion clarity, and to catch all the fast-moving action whether you're watching sports or taking advantage of next-gen gaming capabilities.

With exclusive new features, Samsung is delivering the ultimate TV gaming experience. Super Ultra-wide Game View gives gamers the option to play not only with the wide 21:9 aspect ratio but even with the ultra-wide 32:9 ratio. The wider field of view ensures gamers don’t miss a moment of the action. And Game Bar lets players quickly monitor and adjust critical aspects of play—whether that is switching aspect ratios, checking input lag, or connecting a headset. Finally, FreeSync Premium Pro minimizes stuttering, so players enjoy smooth picture quality throughout gameplay.

About Samsung Electronics Co., Ltd.  

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the world of TVs, smartphones, wearable devices, tablets, digital appliances, network systems and memory, system LSI, foundry and LED solutions. 

UTI Mutual Fund Opens New Financial Centre At Whitefield In Bengaluru

UTI Mutual Fund (UTI MF) announces the opening of a new UTI Financial Centre (UFC) at Whitefield (Bengaluru, Karnataka) . The new UFC is located on First Floor, F-106, Regent Prime, No. 48-50, Whitefield Main Road, Whitefield, Bengaluru 560 066 (Telephone 080-42012786).

The UFC was inaugurated on April 7, 2021.  On the occasion, Mr. Imtaiyazur Rahman, CEO, UTI Asset Management Company Limited said, “Our distribution expansion is in line with our strategy of making our products and services easily accessible to our retail investors.”

UTI Mutual Fund reaches out to its investors through its distribution network, comprising Financial Centers (UFCs), Business Development Associates , Mutual Fund Distributors (MFD) and through tie-ups with Banks.

PwC Kolkata, Bangalore’s Acceleration Centers To Start Operations In Hyderabad, India

* Opening of the new Hyderabad office drives continued innovation and greater efficiencies while creating jobs in the local market

PricewaterhouseCoopers Service Delivery Center (Kolkata) Private Limited (PwC AC Kolkata) and PricewaterhouseCoopers Service Delivery Center (Bangalore) Private Limited (PwC AC Bangalore) announced the opening of a new Acceleration Center (AC) office in Hyderabad . Hyderabad is a strategic location for PwC, with the right talent and skills needed to meet the firm’s goals.

The AC in Hyderabad is projected to grow swiftly as the new office is designed to be a truly cross-functional and collaborative location. With India today viewed as a strategic source of skilled talent — including both campus recruits and experienced professionals — this office opening will further enable the growth of PwC’s Acceleration Centers in the country.

“Our ACs in India are growing rapidly and are expanding their competencies to serve global client engagements more efficiently while delivering higher value,” said Hari Kumar, PwC Acceleration Centers Managing Partner. “The opening of our new office in Hyderabad is a testament to the quality of talent in the state of Telangana and represents the growing demand for global, collaborative teams and the continued growth that PwC is witnessing in its business. To help with the continued growth of our ACs in India, we are bringing together the operations across our AC network to improve collaboration, pool resources, and realise greater efficiencies.”

PwC Acceleration Centers are global talent hubs that bring together diverse, highly skilled talent to work on complex client engagements. Using the latest digital technologies to seamlessly collaborate with global teams, the centers deliver services in an agile and efficient fashion, while creating a differentiated experience for clients. 

**PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see for further details.

Capgemini Brings Together Its Engineering And R&D Expertise With The Launch Of New Brand: ‘Capgemini Engineering’

*Combined under one brand is a unique set of strengths from across the Group: the world leading engineering and R&D services of Altran and Capgemini’s digital manufacturing expertise

Capgemini unveiled today ‘Capgemini Engineering’, which consolidates a unique set of market leading capabilities in engineering and R&D. Along with the Group’s deep industry expertise and cutting-edge technologies in digital and software, it will support organizations as the digital and physical worlds converge. The global business line1, with its 52,000 engineers and scientists and a presence in all major engineering hubs across the world, builds on the integration of Altran, one year on from its acquisition by Capgemini.

“Today’s leading organizations understand that Engineering and R&D is fast-moving and ever evolving. As a result an end-to-end partnership with clients is needed for developing, launching, managing and modernizing breakthrough products,” comments Aiman Ezzat, CEO of the Capgemini Group. “The launch of Capgemini Engineering builds on the integration of Altran’s capabilities into the Group, a year on from its acquisition. It perfectly complements the Group’s already well-established portfolio of business offerings and supports our leadership position in intelligent industry.”

Capgemini Engineering helps the largest innovators in the world engineer the products and services of tomorrow, and cope with disruption by embedding into products digital and software technologies.

William Rozé, CEO of Capgemini Engineering and member of the Group Executive Committee said: “R&D is the new battlefield. It must be connected and data-driven to optimize innovation and accelerate development. Capgemini Engineering’s services have been devised to address exactly that need, to harness the power of data to foster innovation, create new customer experiences and deliver new sources of value.”

The capabilities combined under the Capgemini Engineering brand are already recognized as market leading. In January 2021 Zinnov, a leading global management and strategy consulting firm, ranked Capgemini  at the top of its ‘Leadership zone’ for its global Engineering, Research and Development (ER&D) services , highlighting that the combined entity has the largest global delivery network with a presence across all major engineering hubs. Numerous clients are also benefiting from Capgemini Engineering’s ability to implement technology  at  scale,  its  deep  product  engineering  skills  and  extensive  industry  expertise.  One such organization is Hyperloop TT, an innovative transportation and technology company developing a disruptive high-speed transportation system based on electromagnetic propulsion.

“We work with Capgemini Engineering to develop the first transportation breakthrough in a century and we value their top-tier engineering expertise in aerospace, aeronautics, and systems engineering. They provide us with a broad range of high-end services in mechanical and physical engineering, systems architecture, software development, as well as project management” said HyperloopTT CEO, Andres De Leon.

The global business line’s services cover three key domains: product and systems engineering; digital and software engineering; and industrial operations.

1 This Global Business Line has been in place since January 1, 2021. Capgemini’s Global Business Lines (GBLs) manage key offerings; taking care of pre-sales, solutioning, client focused delivery, and developing talents and expertise in key domains for the Group including high-growth and emerging markets.

About Capgemini

Capgemini is a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. The Group is guided everyday by its purpose of unleashing human energy through technology for an inclusive and sustainable future. It is a responsible and diverse organization of 270,000 team members in nearly 50 countries. With its strong 50 year heritage and deep industry expertise, Capgemini is trusted by its clients to address the entire breadth of their business needs, from strategy and design to operations, fueled by the fast evolving and innovative world of cloud, data, AI, connectivity, software, digital engineering and platforms. The Group reported in 2020 global revenues of €16 billion.

Happiest Minds, Beatroute Partner To Offer Revenue Realization Solutions For CPG Industry

Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a ‘Born Digital. Born Agile’, digital transformation and IT solutions company and BeatRoute have entered into a strategic partnership to solve typical revenue realization problems faced presently by the CPG industry . The complex CPG eco-system is characterized by multiple channels and relationships including Modern Trade, General/Traditional Trade and other B2B channels that require a seamless, holistic solution to enable smart selling physically as well as digitally.

This partnership empowers CPG enterprises with a goal-oriented Digital Transformation journey, by leveraging new age technologies such as ML, Store Analytics, Sales Process Gamification, Bots and Social Channels to drive Sales Uplift and provide brands with a competitive advantage.

“Happiest Minds offers a full stack of solutions for the CPG industry, focused on business outcomes that leverage principles of next-gen technologies for maximum impact. The current pandemic has scaled the need for automation and business driven technology implementation. This is where the Happiest Minds and Beatroute Partnership enters, by offering revenue realization solutions for the post pandemic CPG industry,” said Rajiv Shah, CEO, Digital Business Services, Happiest Minds.

“The CPG industry is adapting to the new normal in the post pandemic world, characterized by the highly connected shopper, endless choices at Retail and a reset of brand loyalty. The partnership with Beatroute complements Happiest Minds’ suite of CPG offerings and will provide brands with next-gen digital solutions for increased market share and deeper collaboration with channel partners ” says Veena Sriram, Vice President and Head, Retail & CPG, Digital Business Services, Happiest Minds.

“Too many CPG organizations have spent too much time trying to automate and digitize their field sales and marketing workflows. Our vision is to go beyond automation and help our customers achieve Goal-driven Sales Transformation. In this partnership with Happiest Minds, I see a perfect combination of Technology and Advisory that will take this innovation to a large number of customers worldwide.” says Vinay Singh, Co-Founder & CEO, BeatRoute.

“Our focus has been to drive continuous incremental business outcome for our customers with scalable enterprise SaaS offering and quick, zero-code deployment. This focus has helped our customers go live within 3 to 8 weeks and achieve sales uplift by up to 30% within months.” Said Sumit Gandhi, Partner & VP, Customer Success, BeatRoute.

About Happiest Minds Technologies

Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a Mindful IT Company, enables digital transformation for enterprises and technology providers by delivering seamless customer experiences, business efficiency and actionable insights. We do this by leveraging a spectrum of disruptive technologies such as: artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/augmented reality, etc. Positioned as ‘Born Digital . Born Agile’, our capabilities span digital solutions, infrastructure, product engineering and security. We deliver these services across industry sectors such as automotive, BFSI, consumer packaged goods, e-commerce, edutech, engineering R&D, hi-tech, manufacturing, retail and travel/transportation/hospitality.

A Great Place to Work-Certified™ Company, Happiest Minds is headquartered in Bangalore, India with operations in the U.S., UK, Canada, Australia and Middle East.

About BeatRoute

BeatRoute’s cloud SaaS CRM-SFA Platform enables CPG Enterprises to achieve high impact digital transformation across their Retail & B2B field sales operations. With a new age approach that focuses not just on process problems, but also on people problems associated with distributed field teams, channels partners & customers, BeatRoute has been able to deliver ~30% higher sales throughput & ~20% cost savings for hundreds of enterprise customers across territories.

Stockal Powers Ahmedabad Based MNCL’s Global Access Platform To Help Indians To Directly Invest In 3500 US Stocks + ETFs

After entering India in November 2019 Stockal, which is now India’s largest global investment platform will power Monarch Networth Capital Ltd. (MNCL), one of the country’s most reliable financial services providers to facilitate end-to-end seamless digital transactions for cross-border investments for the Indian investor. This will help MNCL tap more than 5 crore investors looking to diversify their portfolio in global markets. The coronavirus pandemic has encouraged many Indian investors to diversify their portfolios and invest in high performing stocks across the globe.

Stockal had opened about 15,000 accounts for Indian investors by April 2020 and by the end of FY 21, the Indian investor-base has grown 300% to over 45,000 overseas investing accounts.. Indians did $300 million worth of transactions on Stockal in FY 2020-21. MNCL’s Global Access platform seeks to enable over 1 crore new Indian investors to access Stockal’s range of products like Stacks where the investors can hold a fraction of a share of top performing stocks in the US.

Talking about the partnership, Sitashwa Srivastava, Co-CEO and Co-Founder of Stockal said, “MNCL has been a renowned name in the market and has built significant customer trust over the years. We believe this partnership will help the company offer global investment options to their existing and new customers, thereby ensuring long-term relationships with them. The Global Access platform opens up new vistas of world-wide opportunities for Indian investors. Stockal has seen massive interest among global residents to invest in the US and other mature financial markets. Our partnership with MNCL will provide a great avenue for Indians who are looking to diversify their portfolios and tap into global opportunities.”

Speaking on this partnership, Ms. Ashma Zaveri, Chief Operating Officer, MNCL Global Access, said, “The new Indian retail investor, mostly comprising the millennials and Gen-Z-ers, are increasingly looking at diversifying their portfolio in global assets. A general interest in investing in US stocks, especially fractional investing, has been witnessed ever since the Coronavirus pandemic led to market uncertainties. MNCL Global Access’s entry at this most opportune moment of the Indian stock investors coming off age will trigger a new momentum in global diversification in India. With our partner Stockal, we will offer the most robust, reliable, and state-of-the-art global technology platform to enable Indian investors to tap the emerging opportunities across the world markets.”

Indian cross-border transactions have been growing manifold over the years with close to USD 19 billion remitted in FY 2019-20. While a large chunk of these remittances are for overseas expenses, MNCL, with this partnership, will be able to transform these into long term investments for young as well as mature investors.

About Stockal

Headquartered in New York and with offices in Bengaluru and Dubai, Stockal is one of the largest cross-border investing platforms for Indians and Asians processing USD 50 million worth of transactions every month. It has created a complete ecosystem for investors to make cross-border investments seamlessly, which includes local compliance facilitation, cross-border money transfer logistics via banking partners, investing front-end infrastructure, reporting, distribution, and investing education. Stockal is backed by investors with pioneering backgrounds in consumer businesses, financial services and technology in Singapore, United States, UK, and India.                                          

About MNCL Global Access

MNCL Global Access is the digital booking and distribution platform for global equities and ETF products by Monarch Networth Capital Ltd. (MNCL)MNCL Global Access provides the world’s best and a highly robust digital platform facilitating complete and end-to-end digital services to ensure paperless onboarding, secure remittances, and seamless investments in over 3500 pre-configured baskets of top stocks and ETFs listed on the US-based stock exchanges such as NASDAQ and NYSE.

About Global Access Platform

The Global Access platform is designed to ensure secure and safe cross-border transactions. It allows seamless fund transfer in US Dollars using the existing bank account of investors and each account is insured up to $500K by SIPC (Securities Investor Protection Corporation). With no cap on minimum investment, every common retail investor can start investing with any amount immediately, after completing the KYC obligations, which is also done completely digitally. Investors can also withdraw their Funds from their accounts anytime and remit them back to their bank accounts in just a few clicks.

Bengaluru Witnesses 6.9% Rise In New Supply Of Under Construction Properties And New Launches In Q1 2021: Magicbricks PropIndex

* Bengaluru witnessed a supply boost of 6.9% QoQ increase in Q1 2021

* 2 and 3 BHKs account for 90% of the demand and 92% of the supply in Q1 2021

* Whitefield, Sarjapur and Bellary Road ranked high in searches & active listings

Bengaluru witnessed a supply boost in the form of new housing units, resulting in a 6.9% QoQ increase in Q1 2021 due to opening of the economy, resumption of construction, and new launches, reports the latest Magicbricks PropIndex.

The report states that most of this new supply is concentrated in the city's eastern and southern outskirts. Both the Under-Construction (UC) and Ready-to-Move (RM) property segments saw positive price changes, but the UC segment saw greater gains in Q1 2021. The dynamics of the Bengaluru residential market were bolstered by factors like improved affordability resulting from lower home loan rates and various developer-led initiatives like cash deals, discounts, and deferred payment plans. Reflecting the dominance of mid and upper-mid segment buyers in the city 2 and 3 BHKs account for 90% of the demand and 92% of the supply in Q1 2021.

Despite a heightened preference for multi-storey apartments in the past, buyers are now searching for larger homes within their budget, which is driving up demand for residential plots and villas in the outskirts of the city. Puravankara Ltd entered the plotted construction sector to leverage this demand and is planning to launch a 5.5 million square feet of plotted development in Bengaluru and other south Indian cities. Whitefield, Sarjapur Road, and Bellary Road consistently ranked high in terms of searches as well as active listings.

Commenting on the PropIndex report, Sudhir Pai, CEO, Magicbricks, said, “The first quarter of the year 2021 has indicated a strong revival in the economy. The Indian economy is expected to grow by 10-13% in FY 22 as per predictions by various multilateral agencies. After the festive season euphoria, we saw rationalisation of the surge in traffic volumes in some cities in Q1 2021. Various confidence-building measures by the central government such as liquidity infusion in stressed projects through the SWAMIH fund and RERA extensions have supported the sector when most needed. Reduced home loan interest rates along with cuts in stamp duties in some states have improved the demand. From the price perspective, the southern region witnessed the most price increments in Q1 2021 in both under-construction and ready-to-move segments. We foresee the momentum gained in the last six months to continue across both supply and demand, backed by new launches tailored to the emergent needs of consumers and all-time low interest rates.”

Magicbricks PropIndex also states that the ready-to-move segment, in Bengaluru, posted a marginal QoQ growth of 0.7% but still declined on a YoY basis at 3.3%. "Due to revived confidence, the under-construction (UC) properties witnessed an increase in prices by 1.3% QoQ. Although, both UC and RM witnessed price increments across all price segments.

Properties costing more than INR 7,000 per sqft occupied a significant share of 36% in the demand pie, which increased from 32% in Q4 2020. The demand for mid-sized homes has propelled the share of 2 BHK configurations even as the share of 3 BHKs has come down by 5% of the overall pie over Q4 2020.

In other news, the recent Karnataka budget reduced stamp duty by 3% for apartments that cost between INR 35 lakh to INR 45 lakh. The recent inauguration of the Airport Railway Halt Station has boosted the last-mile connectivity from the city center to the Kempegowda International Airport.

About Magicbricks: India's no 1 property site

Magicbricks is India’s No.1 property site. With monthly traffic exceeding 20 million visits and with an active base of over 1.4 million+ property listings, Magicbricks provides the largest platform for buyers and sellers of property to connect with each other in a clear, transparent manner. With this in mind, Magicbricks has innovated several product features, content, and research services, which have helped us build the largest audience pool.

Amazon Prime Music Launches Podcasts For Customers In India

* Podcasts Are Now Available For All Amazon Prime Music Customers At No Additional Cost

* Millions of episodes across top categories are now available, including locally popular shows from creators including Jay Shetty, Cyrus Broacha, Anupam Gupta, Neil Bhatt and global Amazon Originals from DJ Khaled, Rolling Stone and more

Amazon Prime Music announced the launch of podcasts in India, which will be available to all Prime members at no additional cost. Customers will now have access to locally popular shows by creators including Jay Shetty, Cyrus Broacha, Neil Bhatt, Robin Sharma, Sadhguru, Anupam Gupta amongst others as well as international Amazon Originals produced exclusively for Amazon Prime Music customers in multiple languages across motivation, business, technology, comedy, music, fitness and more. Starting today, podcasts will be available on the Amazon Prime Music app on Android and iOS, Web player and Amazon Echo devices. Learn more here

Sahas Malhotra, Director, Amazon Prime Music, India commented on the launch saying, “We are thrilled to launch Podcasts with a myriad of locally and globally popular podcasts on Amazon Prime Music. Starting today, our service will evolve from a place to listen to 70 million songs, ad-free into an immersive destination of music, content, culture, and community. We will continue to invest in enhancing the audio streaming experience for our customers, and today’s launch signals a further investment in entertainment, and a continued evolution of our service as a premiere destination for music and culture.”

Amazon Prime Music has added a versatile mix of shows that cater to varying consumer needs from inspiration, wellness and music to business, education, technology and comedy and for the first time, Amazon Prime Music will also bring exclusive internationally acclaimed content to Indian customers. Customers will have access to unlimited offline downloads, and hands-free Alexa listening experience with podcasts on the Amazon Prime Music app.

Twitter: @AmazonMusicIN

Facebook: @amazonprimemusicin

Instagram: @amazonprimemusicin


With Amazon Prime Music’s visual apps on mobile and web, customers will be able to discover new favourites through curated recommendations across top categories, popular podcasts charts, and access to trailers on show pages. Whether listening on mobile, web, or on Echo devices with Alexa, Amazon Prime Music makes it easy for customers to find, start, and continue listening to their favourite podcasts throughout the day. Only with Amazon Prime Music can customers ask for the latest episode of their favourite show on during their morning wellness routine, resume playback on their phone while working out, and seamlessly move to their Echo device - just by asking Alexa, with no additional sign in or device linking needed. Customers can also follow their favorite shows and enjoy unlimited offline downloads on the app.

Podcasts are now available to stream on Android, iOS, desktop web player and Echo devices for all Prime customers at no additional cost. To learn more, or to add your own podcast to Amazon Prime Music, visit

About Amazon Prime Music

Amazon Prime Music reimagines audio listening by enabling all Prime customers to unlock ad-free music and millions of podcast episodes at no additional cost. Amazon Prime Music provides unlimited, ad-free access to new and popular music across Android and iOS mobile devices, Desktop, Fire TV Stick, Echo, and more. It also provides free access to podcasts across genres and languages on mobile, webplayer and Echo devices. With Amazon Prime Music, Prime members have access to 70 million songs, ad-free and over 9 million podcast episodes as a Prime benefit at no additional cost to the annual membership of INR 999/- and monthly membership of INR 129/-. Amazon Prime Music includes songs across major International and Indian music labels in over 20 languages including Hindi, English, Tamil, Telugu, Punjabi and multiple other Indian languages. Engaging with music and podcasts has never been more natural, simple, and fun. 

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon.

9 In 10 Companies In India Are Looking To Fill Open Roles Internally: LinkedIn Future Of Talent Report 2021

* Skilling becomes key HR priority as more companies merge roles, use data, and review internal talent, to hire more effectively

LinkedIn, the world’s largest professional network, today launched the first edition of the ‘Future of Talent’ report that looked at the evolving role of HR in India, and how talent is hired, engaged with, and developed in the new business environment. According to the report, upskilling will be core to the talent strategy, and trends such as internal mobility, data-led hiring decisions, and improving employee experience will be in focus for employers in 2021.

In 2020, the rate of attrition increased 1.5 times in India as employees battled long shifts while working remotely. As signals of a second wave accentuate India’s remote working needs, the report shows that HR will play an even bigger role in determining the future of talent as 9 in 10 companies agree that HR will now play a key role in helping organizations streamline their business, shape their strategy, and hire more efficiently, even beyond COVID-19.

Internal mobility, upskilling, and data-led hiring become workforce priorities in India for 2021

The pandemic has introduced significant internal shifts within companies. This, coupled with India’s historically competitive talent market, is fuelling the rise of internal mobility across companies today. According to LinkedIn’s Future of Talent report, more than 9 in 10 (93%) companies in India are looking to fill open roles internally in the post-covid era.

Diving deeper into the reasons for this surge in internal hiring, the report shows that 7 in 10 companies in India hire internally to gain an insider’s perspective or a sense of progress. The report also states that when hiring internally, the top 3 skills that companies in India look for are good communication, problem solving skills, and time management.

To keep pace with today’s rapidly digitising business needs, companies are also keen to upgrade the capabilities of their workforce. Taking cue, 95% of companies in India have dedicated L&D programs to help employees learn new skills and prepare for the future, according to the Future of Talent 2021 report.

While skills take the centrestage, many companies in India are also leaning on data analytics to tap into relevant talent pools when hiring today. LinkedIn’s research shows that 91% companies in India use data to make informed talent-hiring decisions while 53% frequently use data to map skills with open position requirements. To make remote hiring even more efficient, 9 in 10 companies are also merging roles to reduce talent acquisition costs today.

“As remote work continues to disrupt the way we work, HR will play a greater role in helping companies absorb new hiring trends to build the future of talent. In 2021, India will see more companies merge roles, upskill their employees, and hire internally to maximize business growth without expanding operational costs. Data-led hiring practices will also play a critical role in helping companies engage with their employees, attract the right talent, and hire more effectively in 2021. It’s evident that companies today are realizing that businesses succeed when their people succeed,” says Ruchee Anand, Director - Talent and Learning Solutions, India at Linkedin. 

HR professionals will help companies put the ‘employee first’ in 2021

As remote work becomes a continuing workforce trend, HR professionals are encouraging companies to prioritize employee experience and keep their remote staff engaged today. In fact, more than 8 in 10 (85%) companies in India are already holding more engagement activities to keep employees inspired and connected with their teams despite working in isolation.

The report also shows that companies in India are significantly more open to hiring remote staff when compared to other APAC countries. Given India’s greater preference for remote staff, more than 9 in 10 (94%) companies are building a good employer brand by having an active social media presence, and sharing more about their vision and focus on innovation. In fact, 4 in 5 (80%) companies have already experienced an increased pool of qualified candidates because of their efforts in employer branding.

Atal Innovation Mission Collaborates With Bayer To Work Towards Healthcare And Agriculture Innovations

Atal Innovation Mission (AIM), the Government of India’s flagship initiative and Bayer, a global life science company with more than 125 years presence in India, have come together to work towards the mission of fostering innovation and entrepreneurship initiatives across the country.  

A Statement of Intent (SOI) of a strategic partnership between AIM and Bayer was signed and exchanged to formalize the collaboration. The SoI will span the promotion of science education, advancing digital solutions and agri-tech to strengthen supply chains as well as healthcare projects. Additionally, Bayer will collaborate with AIM to support their current and future programs and foster innovation & entrepreneurship across the agriculture and healthcare sectors.

A flagship program of AIM, ‘Atal Tinkering Labs’ (ATL) has played a pivotal role in fostering creativity and imagination amongst school children. Bayer will explore opportunities to mentor school children, inculcate design thinking, problem solving and adaptive learning skills amongst them and support & adopt mutually agreed schools. Additionally, as a part of the ‘Atal Incubation Centres’ (AIC) and ‘Atal Community Innovation Centres’ (ACIC), Bayer shall mentor young innovators and start-ups and collaborate with them to further the cause of innovation. In future, Bayer would also explore association with the techno-preneurs from the ANIC and ARISE programs in the area of digital solutions in the agriculture and healthcare sectors. 

Mission Director AIM, NITI Aayog, R. Ramanan while exchanging the virtual SoI with Bayer said, “The collaboration with Bayer is a natural fit for Atal Innovation Mission as both their areas of specialization, agriculture and healthcare are areas of national priorities, especially more so in the times of the pandemic. We have a special focus on these areas, and I am confident that this shall be a very fruitful relationship in the times to come.”

Senior Bayer Representative South Asia and Chief Executive Officer – Bayer CropScience Limited, D. Narain said, “Bayer is pleased to partner with the Atal Innovation Mission, Niti Aayog. Through this collaboration, we endeavour to foster innovation and entrepreneurship in India across the sectors of agriculture and healthcare. It will enable us provide multiple opportunities to mentor school children and inculcate scientific curiosity as a part of the ‘Atal Tinkering Labs’ initiative, enable digital solutions across value chains and partner with inventive start-ups. At this critical time, entrepreneurship and science-led innovation can play an important role in accelerating our progress towards doubling farmer incomes and expanding access to health solutions across India.”

Through its focus on digitization, Bayer aims to drive scalable, creative technology solutions for healthcare and agriculture that enable last mile reach. Such technology innovations in healthcare and agriculture can benefit people living in remote and rural areas, driving development and supporting livelihoods.

About AIM

Atal Innovation Mission (AIM) is Government of India’s flagship initiative to create and promote a culture of innovation and entrepreneurship across the length and breadth of our country. AIM’s objective is to develop new programmes and policies for fostering innovation in different sectors of the economy, provide platforms and collaboration opportunities for different stakeholders, and create an umbrella structure to oversee the innovation & entrepreneurship ecosystem of the country. AIM’s initiatives have played an important contributory role in the advancement of India from a position of 81 in the Global Innovation Index in 2015 to a position of 48 in 2020.

AIM has adopted a holistic approach encompassing schools, universities, research institutions, industry, MSME, NGOs, Ministries, at district, state and national levels.

About Bayer

Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to help people and planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to drive sustainable development and generate a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2020, the Group employed around 100,000 people and had sales of 41.4 billion euros. R&D expenses before special items amounted to 4.9 billion euros. 

Forward-Looking Statements

This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

SME Cashflow Mgt Platform Credflow Raises $2.1 M In Seed Funding Led By Stellaris Partners, Omidyar Network And Flourish Ventures

* Funds to help expand the user base, launch new products and strengthen tech capabilities

Credflow, a FinTech startup offering cash flow management solutions for Indian SMEs has raised $2.1 Million (Rs 15.2 crore) in seed funding led by Stellaris Venture Partners, Omidyar Network India and Flourish Ventures. CredFlow will be investing in platform development, strengthening tech capabilities and building new products as it focuses on expanding its customer base. The SME cash flow management startup is also looking to expand its team across tech, product and marketing.

Credflow is a cashflow management SaaS platform that helps SMEs manage their finances by providing a dashboard of pending amounts by customer, sending timely payment reminders, validating invoices and negotiating discounts for early payment, thus enabling these businesses to reduce their working capital cycles by 25-30%. Since its launch in May 2020, over 5000 businesses have used Credflow to process and sync invoices worth more than Rs. 70,000 crore (~$10billion). CredFlow’s vision is to build a full stack solution including cashflow based financing, treasury management and payments management to help SMEs optimise their cashflows and accelerate their growth.

“Delayed collections is a major challenge that Indian SMEs face and capital stuck in receivables is a leading cause for financial stress. Indian SMEs, particularly traditional manufacturing and distribution businesses in the B2B supply chain are still using archaic, offline processes to manage their receivables and payables. Much of fintech innovation in the past decade has been focused either on large enterprises or retailers and micro-enterprises, while the mid-market B2B segment remains largely unaddressed. We’re excited to partner with Omidyar Network India, Stellaris Venture Partners and Flourish Ventures in helping us leverage technology to realise this mission of making Indian SMEs truly Aatmanirbhar” Kunal Aggarwal - Founder, Credflow.

"For the past two decades, average debtor days for Indian SMEs has consistently exceeded 90 days. While the sector has begun digitising and formalising rapidly, cashflow management remains a chronic pain point. We believe that CredFlow’s focused solutions will significantly improve the financial health of SMEs and accelerate their growth by empowering SME business owners with cutting-edge digital tools and analytics to manage cashflows efficiently. Kunal and his team are passionate about solving for the critical needs of SME business owners, who are the largest employers of the Next Half Billion. We are delighted to partner them in this journey.” Treasa Mathew, Director, Omidyar Network India.

“As a part of a small business family himself, Kunal has a simple mission in life: help small businesses get paid fast. This clarity of thought resonated well with our own investment thesis at Stellaris, which focuses on solving highly monetizable business problems for SMBs.

Credflow’s payment dashboard commands the attention of the business owner and becomes the primary daily MIS for the business. In the long run, this will help Credflow become the financial operating system for SMBs, providing a view on their overall financial health and helping them access a diverse set of own and third party financial products.” Ritesh Banglani, Partner, Stellaris Venture Partners

“Credflow is a compelling story because it solves a real financial problem for a large and underserved segment with a simple and affordable tool. With its focus on MSMEs and its convenient mobile tool, the company that Kunal and his team have built already stands out from its competitors. In the future, the platform has the potential to embed a range of relevant financial services – including cashflow financing – in a convenient and affordable way so as to benefit its customers’ lives. We’re excited to be involved with CredFlow and to be backing another Indian entrepreneur whose innovation is helping to advance financial health and prosperity for individuals and small businesses.” Anuradha Ramachandran, Investments Director, Flourish Ventures

Marquee angel investors like Nitin Gupta (Founder of also participated in the round.

About CredFlow:

Credflow is an intelligent comprehensive solution that leverages technology to automate cashflow management for SMEs.

The platform helps B2B SMEs manage their finances by providing timely insights through a dashboard of pending amounts by customers, sending  regular payment reminders, validating invoices and negotiating discounts for early payment thus enabling businesses to reduce their working capital cycles, foresee future cashflows and drive smarter business decisions.

With an aim to help businesses grow exponentially, Credflow helps business owners manage their banking, payments, treasury and get access to cashflow based financing on one comprehensive platform.

About Omidyar Network India:

Omidyar Network India invests in bold entrepreneurs who help create a meaningful life for every Indian, especially the hundreds of millions of Indians in low-income and lower-middle-income populations, ranging from the poorest among us to the existing middle class. To drive empowerment and social impact at scale, we work with entrepreneurs in the private, nonprofit and public sectors, who are tackling India’s hardest and most chronic problems. We make equity investments in early-stage enterprises and provide grants to nonprofits in the areas of Digital Society, Education, Emerging Tech, Financial Inclusion, Governance & Citizen Engagement, and Property Rights. Omidyar Network India is part of The Omidyar Group, a diverse collection of companies, organizations and initiatives, supported by philanthropists Pam and Pierre Omidyar, founder of eBay.

About Stellaris Venture Partners:

Stellaris is an early stage venture capital firm that invests in the seed and series A rounds of Indian technology companies. The firm backs bold entrepreneurs that solve large India-specific problems for consumers and SMBs, or build global software products from India. Key investment areas include online services, healthcare, education, retail, logistics, SaaS and tech-enabled financial services. Since its inception in 2017, Stellaris has backed several market leaders such as Mamaearth, Whatfix, Vogo, mFine and Signzy.

About Flourish Ventures:

Flourish backs passionate entrepreneurs whose innovations advance financial health for individuals and small businesses around the world. With $500M under management, Flourish is an early-stage, global fintech venture firm that deploys patient capital with a long-term perspective. The firm partners with industry thought leaders in research and policy to help foster a fair, more inclusive economy. Key investment themes include embedded finance platforms and plugins, fintech infrastructure, consumer and small business credit and lending, insurtech, and digitizing money. In India, Flourish is honored to work with close to a dozen fintech companies including Indifi, Gramcover, Kalediofin, MyShubLife, Toffee, Yap and Zest. 

Decimal Technologies Disbursed Loans Worth $200 Million On Its No-Code Platform In FY21

* Activated 1.5mn accounts during the global pandemic   

* Managed 4 million leads for banking services on its AI-enabled No Code platform

Decimal Technologies, one of India’s leading FinTech firms, disbursed loans worth $200 million during the fiscal year 2020-21, through its digital lending platform. In the unprecedented times last year, the company also aided the activation of 1.5 million end customer across the country, working with banks, NBFCs and Direct Selling Agents (DSAs).  MSMEs, Loan Against Property and Home Loans form the majority of loans disbursed via the company’s AI-enabled No-Code platform.

With DSAs accounting for 65-75% of the total sourcing of loans on the platform last year, the company reported a 40% year-on-year growth in revenue in FY21. This robust growth can be attributed to an increased demand for digital solutions in the customer acquisition and lending ecosystem due to the national lockdown. It witnessed maximum traction for VahanaHub (API Aggregation platform), Payout & Incentive Management and Digital Lending solutions. In FY21, 4 million leads for account opening (Saving & Current), deposits, loans (M/SME, Retail) and credit cards were managed by the company on its AI-enabled ‘No Code’ platform, an increase of 35% from FY20.

“The pandemic resulted in newer types of credit demands coming in from different customer segments. We saw unprecedented demands for our digital offerings not only from urban cities but even customers in smaller towns were looking for a safe and agile credit disbursal process. We launched two new products to facilitate the changing customer demands. In the next fiscal year, we aim to further double down our product portfolio and branch out to underserved towns and cities to ensure access to formal credit via our partner banks and DSAs”, said Lalit Mehta, Co-founder and CEO, Decimal Technologies.

Last year, the launched two large products - Saarathi (AI-enabled digital lending marketplace for DSAs and Lenders) and VahanaHub (API Aggregation platform for all KYC, financial data, geolocation, biometric etc. APIs across various providers) – amidst the national lockdown and added 20, 000 new users comprising direct selling teams of Banks & NBFCs and third party channels (DSAs, Dealers, Connectors) on its mobile app. 

About Decimal Technologies

Established in 2009, Decimal Technologies, is a leading FinTech. Our Mantra is #DigitisingBFSI. We conceptualize, design, develop Financial Products Distribution Platform that help Banks & NBFCs reduce customer acquisition costs by moving the digital touch point closer to the customer, making life easier and convenient for the customer and workforce. Decimal engages closely with a diverse array of enterprises globally to understand the business and offer solutions that not only alleviate the pain points of the business but also make life as simple and seamless for all stakeholders. Our solutions are at the heart of award-winning digital products such as Kotak 811, AU Abhi, Bandhan neo+ and UGRO Sanjeevani. 

o9 Solutions Reports Record Annual Revenue Bookings In Q1’21

o9 Solutions Inc., a premier AI-driven integrated planning and operations solution provider for the enterprise, reported record annual recurring revenue bookings in Q1 2021, continuing the strong momentum from 2020. Software bookings grew 121% year-over-year as demand for o9’s integrated business planning platform continued to grow. The bookings growth in Q1’21 was driven almost entirely by new logo additions which included clients across industrial manufacturing, retail, apparel, and food and beverage industries.

The company also delivered a record number of global deployments to its clients during the quarter by leveraging its industry-specific reference models and realizing rapid time-to-value across complex planning workflows including demand, supply, inventory optimization, S&OP planning, and control tower.

“o9’s ‘Digital Brain’ capability is rapidly becoming a must-have for companies looking to accelerate their transition to a digital operating model,“ said Chakri Gottemukkala, CEO of o9. “On a daily basis, the complexity and volatility of demand and supply is exposing the problems with the silos in traditional operating models - leading to massive value leakage. Last quarter was no exception: The worldwide chip shortages and the Suez Canal blockage proved again that even small disruptions can have large impacts. Becoming a digital, data-driven business is an imperative for all traditional businesses in this environment and o9’s platform enables exactly that.”

“Our business fired on all cylinders during Q1 as our investments in growth and scale continue to play out. We had record SaaS booking growth in all geographies and delivered record time-to-value to our customers by leveraging innovative methodologies and delivery tools put in place over the last 12 months during the pandemic. Our partner ecosystem also continues to grow rapidly, with certified o9 platform implementers helping scale our customer deployments. We continued to invest in the massive opportunity ahead of us by welcoming 146 new o9ers last quarter, bringing our total global headcount above 1,000 strong,” said Igor Rikalo, o9’s President & COO.

o9 also announced its flagship AIM10x Global 2021, the biggest digital transformation event to date, to be held virtually April 19-21, 2021. The event will feature over 55 speakers—industry leaders and experts in planning, analytics, and digital transformation, along with 3000+ attendees worldwide. Please register here.

o9 has achieved several significant milestones year-to-date, including:

Announced new SaaS engagements with Beluga and Samsung Bioepis

Announced global deployment of the o9 platform at Estée Lauder for Demand and Supply Planning

Highlighted by Pirelli in their 5-year industrial plan as a key digitalization platform for analytics and modeling

Rated highest across all vendors for ‘Completeness of Vision’ in o9’s first ever inclusion in Gartner’s Magic Quadrant for Supply Chain Planning

Announced the expanded partnership with PwC Korea and a brand new partnership with Chainalytics

The AIM10x Executive Council added the following advisors: Vikram Agarwal, Steve Cakebread, Filippo Catalano, Rupert Deger, Chris Gaffney, Jochen Grosspietsch, Dirk Lembregts, and Hiroshi Nishikawa

o9 Solutions was ranked No. 54 on Inc. Magazine’s List of the Fastest-Growing Private Companies in Texas

o9 Employees worldwide collectively walked over 50,000,000 steps in 30 days, enough to circle the globe, as part of the ‘o9 Walks’ and contributed $20,000 to Tree-Nation

About o9 Solutions, Inc.

o9 Solutions is a premier AI-driven integrated planning and operations solution provider for the enterprise. Whether it is driving demand, aligning demand and supply, or optimizing commercial initiatives, any planning process can be made faster and smarter with o9’s AI-powered digital solutions. Bringing together technology innovations—such as graph-based enterprise modelling, big data analytics, advanced algorithms for scenario planning, collaborative portals, easy-to-use interfaces and cloud-based delivery—into one platform. 

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