HappynessFactory.in, India’s first goal-based financial planning portal launched a one-of-its-kind “family” feature that enables family members to co-invest toward common goals such as retirement, kids’ education, home buying and many more.
One of the key learnings that the founding team of Happyness Factory brought in from their 13 years of helping families plan their finances is: goals of a family are best achieved when everyone’s on it together. Accordingly, the “family” feature was conceived as the first and only one in the country that allows members of a family to co-invest for common goals.
Take for instance, a goal like higher education costing Rs 40 lakhs today. An investor who wishes to build a corpus for her son’s higher education in 10 years would have to aim for Rs 86 lakhs, assuming inflation at 8%. This requires a monthly investment of approximately Rs 33,000 in equity funds. If the wife opts to allocate Rs 15,000, the husband can put in the remaining Rs 18,000 required for meeting the goal.
Moreover, once investments are in place, each member of the family can track progress toward the goal and view how their individual contributions are helping to reach the goal.
Children too can join their parents to contribute to goals like their higher education and marriage. Children above the age of 18 can be added to the primary contributor’s “family”. Up to 4 persons can invest for shared goals.
Without this feature, the common practice was for spouses to split goals and invest separately for those. So, the wife may invest for the kids’ education while the husband focuses on building a corpus for their house, retirement, etc.
No wonder then that the feature has been well appreciated by users and the results that followed have been phenomenal. In the words of Milin Shah, Head of Product Development and Planning at Happyness Factory, “This is not just because financial objectives are met in 100% of cases but also because of the emotional connect it brings as people identify and agree on goals as a family. This approach works well in the Indian context because family values run deep in our society.”
Huawei Solutions Day 2018, the first of the 3-city Huawei enterprise summit, was held in Bangalore witnessed a gathering of industry leaders, cloud-data service providers and analysts from across industries. Under the theme of "Leading New ICT — The Road to Digital India”, the Solutions Day was a platform to discuss how Indian industry can advance digital transformation and unlock opportunities to grow the digital economy. On this occasion, Huawei also launched its latest solutions the All-flash Storage Oceanstor F V5 and Private Cloud Solution FusionCloud 6.3 which enable digital upgrade with "agility and intelligence" at the core, leading to a better connected enterprise.
Speaking on the occasion, Derek Hao, President, Huawei India Enterprise Business Group said, “Enterprise digitisation has become a key goal across organizations. In line with its “Platform + Ecosystem” strategy, Huawei is committed to provide a one-stop platform that is open, flexible, secure and agile for enterprises to achieve digital transformation. An increasing number of industry-leading enterprises around the world have chosen Huawei as their partner in digital transformation. To date, 197 of the Fortune Global 500 companies and 45 of the top 100 enterprises have chosen Huawei as their digital transformation partner, a testimony to the strength of our strategy and solutions.”
The digital integration of India will increase demand for ICT to facilitate industry digitization and high-quality economic growth. For companies to harness the full potential of the digital economy, they need to adopt an agile, efficient, intelligent and secure ICT ecosystem that facilitates digital transformation opportunities arising across industries in e-commerce, social networking, mobile gaming, mobile payment, and travel domains in a thriving digital economy. Enterprises need to adopt the latest ICT technology to improve working efficiency, create business innovations, and provide better customer service.
Leveraging cloud computing and Big Data technologies, Huawei’s latest FusionCloud Private Cloud Solution provides resource pooling and full-stack cloud service capabilities, meeting requirements of customers in various industries, and suitable for scenarios such as unified infrastructure, hosting clouds, and hybrid clouds.
FusionCloud helps enterprises cope with business challenges, move services to clouds, and promote digital transformation. By the end of December 2017, Huawei has offered cloud computing services for more than 4,000 customers in over 144 countries and regions, covering government and public utilities, carrier, energy, finance, transportation, manufacturing, media, healthcare, education, and many other industries.
Huawei also released the All-flash Storage OceanStor F V5. Adopting Huawei's lightning-fast rock-solid flash architecture and with built-in cloud and intelligence capabilities, the new offerings will bring customers to a new age of data storage.
Huawei released the All-flash Storage OceanStor F V5
Featuring high performance, flash storage plays an important role in business integration acceleration and data value mining of enterprises. With the rapid growth of data volume, enterprises have attached more and more importance to data security and reliability. The newly released All-flash Array of Huawei are specifically designed for mission-critical applications, ensuring high service availability and performance and allowing customers to further unleash the potential of flash. The new offerings demonstrate Huawei's commitment to making data more secure, operations more efficient, and guaranteeing business continuity, all while bringing down costs for enterprises.
Purpose built for flash, Huawei's new OceanStor F V5 All-flash storage systems adopt Huawei's proprietary SSDs, delivering up to 6 million IOPS with 1 ms latency, meeting the highest performance requirements of enterprises' core services. The gateway-free active-active technology built inside ensures 99.9999% availability. By integrating capabilities of managing flash, NAS, and heterogeneous storage systems, this system is capable of supporting various services in private cloud environments.
AMD and Samsung have announced support for Radeon FreeSync technology in the new Samsung QLED 55” to 82” TV range, bringing the ultimate, ultrawide 4K gaming experience to an entirely new format – big screen TVs. Samsung is the first company to utilize industry-leading Radeon FreeSync adaptive refresh technology for stutter-free gaming inside a consumer television set. With High Dynamic Range (HDR) support up to 1000nits and stunning picture quality, Samsung’s QLED displays allow gamers to experience strikingly high refresh rates and low latency on TVs at a variety of price points and screen sizes ranging from 55” to 82” creating a single display for all their home entertainment needs.
Over the past three years, Radeon FreeSync technology has driven widespread adoption and become the industry’s most selected solution for smooth gaming. Earlier this year, AMD expanded the ecosystem by propelling tear-free gameplay beyond the PC with the launch of support for FreeSync technology in Microsoft’s Xbox One S and Xbox One X consoles in early March. With more than 250 compatible displays offered by more than 20 partners, this is more than double the availability of competing technology.
“Whether you’re a console or PC gamer, playing on a PC display or your living room TV, Radeon FreeSync technology powers exceptional stutter-free gaming experiences,” said Scott Herkelman, vice president and general manager, Radeon Technologies Group, AMD. “We launched FreeSync technology with a mission to end frame tearing and dropped frames, as well as improve the experience for gamers around the world. With Samsung’s FreeSync technology QLED TVs, extra smooth gameplay visuals have never been so accessible, and never in such a large and appealing format.”
“From the beginning, Samsung has embraced Radeon FreeSync technology and the commitment from AMD to deliver technologies based on open standards that enhance the gaming experience,” said Chu Jongsuk, senior vice president at Samsung. “Our users demand the absolute best in visual quality, and that extends to smooth gaming low latency. We're thrilled to bring the power of Radeon FreeSync technology to Samsung TVs for players around the world.”
“AMD and Microsoft have a long history of innovation, collaborating on hardware and software to bring gamers the best possible experiences,” said Matthew Lapsen, general manager, Xbox Console Marketing. “With FreeSync technology support for our Xbox One platform, AMD and Microsoft brought a critical gaming technology to a broader base of gamers. We’re offering a whole new caliber of smooth-looking gameplay to players on Xbox One S and Xbox One X.”
FreeSync technology for Samsung’s 2018 QLED TV range is available today for the QLED 55” – 82” models and the NU8000 / NU8500 55” – 82” Series. This will be delivered as part of an automatic Gamer Mode update.
Microsoft Corp said it would buy privately held coding website GitHub Inc for $7.5 billion in an all-stock deal to expand its clout among software developers.
GitHub supplies coding tools for developers and calls itself the world’s largest code host with more than 28 million developers using its platform.
“Microsoft is a developer-first company, and by joining forces with GitHub we strengthen our commitment to developer freedom, openness and innovation,” said Microsoft Chief Executive Officer Satya Nadella said in a statement.
Microsoft’s Nat Friedman will take over as the Chief Executive of San Francisco-headquartered GitHub, whose current CEO Chris Wanstrath will become a Microsoft technical fellow. Microsoft last year shut down CodePlex, its own rival for GitHub, saying the latter was the dominant location for open source sharing and that most such projects had already migrated there.
Monkey Shoulder, a scotch for the new generation of whisky aficionados, brings the 2018 season of ‘Ultimate Bartender Championship’ to India. This competition is on a journey across the country challenging bartending ‘skills that pay the bills.’
The India leg of the championship which began in Mumbai, moved to Bangalore from Pune, and Goa, will be followed by Hyderabad, Kolkata, Gurgaon, Delhi and Chandigarh. The contest was hosted by the Monkey Shoulder India Brand Ambassador, Pankaj Balachandran over a daylong session on bartending skills of ingredient knowledge, mixing, pouring, and nosing and stock taking. The participants were tested on their unique techniques, insights, speed and skills behind the bar. This year, the competition has 550 contestants from the various parts of India competing for a spot to go to the most sought after and top notch Global industry event, The Athens Bar Show. The winner also takes home a very exclusive ride with a fully curated and customised 500 CC Bike.
Abhishek Shevade won the Bangalore round of the Ultimate Bartender Championship by Monkey Shoulder held at Big Brewsky, Surjapur Road, today. The competition brought together the most talented bartenders of the city with a showcase of their prowess and art of bartending. Commenting on his win Abhishek said, “ It feels great to win from amongst the best bartenders of Bangalore. I am looking forward to going for the India Grand Finale in New Delhi. This competition is one of the best I have seen. I would like to thank Monkey Shoulder for giving us such a great experience and chance to go to one of the biggest bar shows in the world.”
Abhishek Shevade, Kishan K and Vedant Mehra will go for the India Grand finale on 28 June 2018 at New Delhi. The national winner of the grand finale will gain a coveted place in the world’s most prestigious Industry event, Athens Bar Show with an all expenses paid trip and a customized 500 CC Motorcycle.
Commenting on this championship, Pankaj Balachandran, Brand Ambassador Monkey Shoulder said, "We are committed to empowering our friends in the bartender community to deliver memorable consumer experiences. A high energy industry event, it promises to lift all bartending parameters that make it an epic competition. Monkey Shoulder is 100% malt made for mixing. This competition resonate the Monkey shoulder values of versatility and free spirited smoothness which has made it a preferred drink with bartenders around the world.”
Array Networks Inc., the network functions platform company, today announced that the Company has entered into a Memorandum of Understanding (MoU) with Netmagic (An NTT Communications Company), to launch the next-generation Network Functions Virtualization platform (NFV) Center of Excellence to enable enterprises in India, to enable enterprises in India, with end-to-end customized hyperconverged infrastructure (HCI) solution for scaling and optimizing business-critical applications. This agreement of collaboration signals the continued commitment of both the companies to accelerate the scalability of customers’ businesses in the ICT industry.
The NFV Center of Excellence is enabled to address the emerging requirements of customers in a cloud generation. This will be the first of its kind and will support customers to host multiple network functions on a single purpose built hardware.
“We are extremely pleased to form an alliance with Array Networks, to provide enterprises with secure remote access to applications and data,” said Nitin Mishra, SVP and Chief Product Officer of Netmagic (An NTT Communications Company). “After transitioning servers, desktop and storage, it is estimated that more than 80% of customers are considering to move their networking to a more flexible and software centric virtualization platform – without compromising on the performance and SLAs of business delivery. And, with our enhanced ecosystem of alliance partners, we are targeting enterprises in the Government and Private sectors in India, as part of our go-to-market strategy of the first phase.”
Shibu Paul, Regional Director – APAC of Array Networks stated, “We are delighted to be a strategic partner to Netmagic in bringing our future ready hyperconvergence solutions to the Indian market. This collaboration will accelerate Array Networks position in the Indian market as a leader in Hyper Converge virtualization.”
Hyperconverged platforms include a hypervisor for virtualized computing, software-defined storage, and virtualized networking, and they typically run on standard, off-the-shelf servers. Array's vAPV virtual application delivery controllers (ADC) and vxAG virtual secure access gateways (SSL VPN) provide control over access to applications, desktops, files, networks and Web sites from a broad range of remote and mobile devices – providing secure connectivity, end-point and server-side security and application-level AAA policies on a per user basis.
Jet Privilege Private Limited (JPPL), an internationally acclaimed, award winning loyalty & rewards programme and the Frequent Flyer Programme (FFP) of Jet Airways, today further strengthened its partnership with IndianOil by expanding its footprint to Bengaluru. The strategic partnership between JetPrivilege and IndianOil kick started in Delhi and Mumbai, garnering phenomenal response with members actively earning out of this collaboration. In a short span of just three months since its launch, members are seeing significant value of the partnership where fuel is become an everyday category for them to earn and redeem their JPMiles, deepening their engagement with the programme.
This unique association further reinstates JetPrivilege’s positioning of a rewarding loyalty and rewards programme fulfilling its members’ everyday lifestyle needs. Inspired by the success of this alliance in Mumbai and Delhi, the partnership will now roll out across select 80+ outlets in Bengaluru. Famed as India’s Silicon Valley and also home to a vast number of educational institutes, Bengaluru offers tremendous growth potential for the programme.
JetPrivilege members in Bengaluru will now be a step closer towards earning a free flight by simply mentioning their JetPrivilege membership number when purchasing fuel at select IOCL outlets. Members will earn 1 JPMile on every Rs 150 spent on regular fuel and 3 JPMiles on every Rs 150 spent on XtraPremium fuel at IndianOil outlets. The accumulated JPMiles can then be redeemed for free flight tickets to over 1000 destinations worldwide or for 1500+ products on reward catalogue. With a visionary lens on establishing JPMiles as the reward currency of the future, JetPrivilege members can also redeem their existing JPMiles to purchase fuel at the same outlets and get Rs 1 worth of fuel for every 4 JPMiles.
[How it Works? To Earn JPMiles on your Fuel Spends 1. Fill fuel at select IOCL retail outlets 2. Mention your JetPrivilege Membership number to the IOCL pump attendant 3. Earn JPMiles on your transaction To Redeem your JPMiles for Fuel 1. Fill fuel at select IOCL retail outlets 2. Mention your JetPrivilege Membership number and provide the OTP received on your registered mobile number to the IOCL pump attendant 3. Pay by redeeming your JPMiles]
Commenting on this association, Manish Dureja, Managing Director, Jet Privilege Private Limited said, “The strategic partnership with IndianOil launched earlier this year, in Mumbai, Delhi & Chennai, has been a successful one and highlights the advantages of shared capabilities. Expansion to newer markets accelerates our constant endeavour towards building relevance and value in the everyday lives of our members. Forging partnerships iconic brand like IndianOil is a step towards fulfilling aspirations of our members by delivering memorable and rewarding experiences giving our members even greater choice and flexibility in how they earn and use their JPMiles.”
Speaking about the expansion plans, Sanjeev Jain, Executive Director, Retail Sales said “Innovation can come in different ways. And we are proud to be leading this particular IndianOil-JetPrivilege innovative partnership which is delighting our customers. After a good start at Mumbai and Delhi, we are now offering customers the option to earn and redeem JPMiles for fuel purchase at select IndianOil outlets of Bengaluru. IndianOil is celebrating 2018 as Year of Trust and this benefit is an expression of gratitude to our customers for consistently reposing their trust in our refueling services.”
