Hyundai Launches New SANTRO Anniversary Edition Offered in Sportz MT and AMT Variants

Hyundai Motor India Ltd, India’s First Smart Mobility Solutions Provider and largest exporter since inception, today announced the introduction of the SANTRO Anniversary Edition to celebrate the 1st Anniversary of India’s Favourite Family Car.

The Anniversary Edition will be a limited edition based on two variants – Sportz MT and AMT, in – Aqua Teal and Polar White colours. 

Commenting on the launch of the Special Anniversary Edition of the New SANTRO, Mr. Vikas Jain, National Sales Head, Hyundai Motor India Limited said, “The SANTRO is a prestigious and legendary brand in India that has gone on to craft numerous milestones over the last two decades. To celebrate the First Anniversary of SANTRO, we are glad to announce the Anniversary Edition of SANTRO with various new features further enhancing customer experience and happiness. The Anniversary edition will entice our customers and continue to strengthen SANTRO’s legacy on the pillars of Global Technology, Stylish Design and World Class Features.

The SANTRO is developed to meet the needs of Indian Families with a focus to create a “Masterpiece Product” offering customers a great ownership experience.

Rubrik Opens Bengaluru R&D Center to Solve Cloud Data Management Challenges for Global Enterprises

Rubrik, the Multi-Cloud Data Control Company, today announced the opening of a new and expanded Bangalore R&D center, to accommodate Rubrik’s rapidly growing global engineering team. To commemorate the new center, Rubrik CEO Bipul Sinha and Board Advisor John Chambers attended the opening ceremony on October 22.

“With the new R&D center, Rubrik is proving it’s unique dual development center strategy and strengthening strategic business and trade ties between the US and India,” said John Chambers, Board Advisor of Rubrik. “As Rubrik expands to remedy data management pain points for global enterprises, we expect Rubrik Bangalore to continue to attract the very best technical talent.” 

As global businesses pursue Digital Transformation and Cloud, demand for Rubrik’s industry defining Data Management solution has grown significantly. Rubrik’s Bangalore R&D Center is a strategic investment for the company, with a focus on key products. Rubrik has also invested in resources in Bangalore to address the Global System Integrator (GSI) ecosystem.

“Investing and growing our capabilities and our business in the Indian market is a strategic step to ensuring we can develop the best solutions possible for our customers,” said Bipul Sinha, co-founder and CEO of Rubrik. “Rubrik’s new R&D center will allow us to reach top global engineering and product talent as we strive to support and address customers’ most pressing data management challenges.”

On the heels of recognition as a leader in the Forrester Wave for Data Resiliency Solutions, top 10 on the highly competitive Forbes Cloud 100 List and the release of a joint solution with NetApp, Rubrik’s new R&D center is a strategic next step in continued innovation and product development for global enterprise customers’ data management challenges. Rubrik has grown the Indian team to over 250 employees across engineering, sales, IT services, customer support, HR and finance.

Additional Quotes:

“Our expanding Bangalore center is not only a regional success story for technology innovation, but also a reflection of our success in building relationships and solving complex problems for GSIs and enterprise businesses in India” said Kamal Brar, Rubrik VP of APJ Rubrik.

“The R&D team in India is a key contributor to Rubrik’s global product development,” said Ashish Gupta, Rubrik VP Engineering and Head of India R&D. “The India team has helped solve some of the largest and most cutting-edge engineering problems across all sides of the business and are critical to the company’s success.”

Over 81,300 Unsold Homes are Ready for Possession in Top 7 Cities

Highlights

* As on Q3 2019 end, 6.56 lakh units were unsold across the top 7 cities - nearly 12% are ready-to-move-in
* MMR has maximum ready homes with approx. 21,000 units, followed by NCR with 16,800 units & Pune with 14,260 units
* In Chennai, nearly 32% of total unsold inventory is ready-to-move-in; 17% in Bangalore; NCR & MMR have just 9% each of unsold ready homes in their overall unsold stock
* Of total 81,300 ready homes, 35% are in the affordable segment while 13% (approx. 10,000 units) in premium segment priced >INR 1.5 Crore

Homebuyers seeking ready-to-move-in properties in the ongoing festive quarter are spoiled for choice. ANAROCK research indicates that nearly 81,300 unsold homes are currently ready-to-move-in across the top 7 cities. As on Q3 2019 end, approx. 6.56 lakh units were lying unsold across the top 7 cities and out of this nearly 12% are ready to be occupied.

Anuj Puri, Chairman - ANAROCK Property Consultants says, "Among the top 7 cities, MMR has the maximum ready unsold stock equalling nearly 21,000 units, followed by NCR which has nearly 16,800 unsold ready units and Pune with 14,260 ready units. In the South, Bangalore and Chennai have an almost equal number of ready unsold supply with 10,640 units and 10,160 units respectively. Kolkata has 5,620 ready unsold homes, and Hyderabad has the least ready stock with about 2,520 unsold units. Hyderabad also has the least overall unsold stock (of 23,890 units) among the top 7 cities."

Interestingly, on studying the overall share of the ready units out of the total unsold stock in each of these cities, Chennai tops out - of the total 31,380 unsold units in the city (as on September 2019) 32% is ready-to-move-in (approx. 10,160 units). Bangalore follows with nearly 10,640 units ready for possession out of a total 63,540 units - a 17% share. In Pune, nearly 15% of the total unsold stock - nearly 14,260 units of 92,560 unsold units - are ready-to-move. In Hyderabad and Kolkata, the share of ready stock among total unsold stock is 11% and 13% respectively.

Ready Homes: Budget Analysis

The data of current ready unsold inventory across top 7 cities reveals that the maximum ready stock is in the affordable segment priced
Nearly 35% (approx. 28,830 units) of the total 81,300 unsold ready units are in the affordable bracket (priced < INR 40 lakhs). MMR and Pune have the maximum ready affordable stock with 9,730 units and 5,990 units respectively.

In the mid-segment (homes priced within INR 40-80 lakhs) approx. 26,180 units - or 32% - of unsold stock is ready-to-move-in. Bangalore, Pune and NCR have the maximum ready units in the mid-segment with approx. 5,300 units, 5,140 units and 5,060 units respectively.

Nearly 20% of around 16,290 ready unsold units in the top 7 cities are priced within INR 80 lakhs to INR 1.5 Crore. MMR, NCR and Pune collectively have more than 10,170 ready units in this budget range.

Nearly 10,000 units across top 7 cities are in the luxury and ultra-luxury segments priced > INR 1.5 Crore. Not surprisingly, MMR and NCR have maximum ready unsold stock in the luxury and ultra-luxury segments. Together, they account for nearly 66% of the total 10,000 available ready units.

Top Micro-markets with Ready Supply

The prominent micro-markets with generous ready unsold stock in the top 7 cities are:

·         MMR - Badlapur, Palghar and Virar have nearly 3,060 ready unsold units
·         NCR - Central Noida, Greater Noida West and Yamuna Expressway have more than 7,270 units that are ready-to-move-in.
·         Bangalore - the prominent IT hubs of Whitefield, Electronic City and Sarjapur Road collectively have more than 2,810 unsold ready units
·         Pune - Balewadi, Talegaon Dabhade and Wagholi have ready unsold inventory of nearly 2,830 units.
·         Hyderabad - Gachibowli, Kondapur and Narsingi have approx. 1,040 units that are ready-to-move-in.
·         Chennai - Iyyappanthangal, OMR and Perambur have around 4,450 unsold ready units.
·         Kolkata - Maheshtala, Rajarhat and Rajpur Sonarpur have more than 2,290 ready unsold units.

Hiperdist Partners with ONGO Framework to Provide its Patrons Digital Transformation with Minimum CapEx and Fast Go-to Market

Hiperdist Partners with ONGO Framework to Provide its Patrons Digital Transformation with Minimum CapEx and Fast Go-to Market

To further catalyze the digital adoption amongst global enterprises, ONGO Framework has partnered with Hiperdist, one of the leading IT solutions vendor based out of UAE. The strategic partnership will enable Hiperdist to extend ONGO Framework’s cutting-edge solutions to its customers including Digital Transformation – a comprehensive suite for Web/App Development, CRM, ERP, and Marketing/Branding).

In an interactive session with the audience at the recently-concluded GITEX Conference, Dubai, Santosh Sansare (GM, Hiperdist) and Rama Kuppa (Founder & CEO, ONGO Framework) revealed their plans to expand the IT distributor ecosystem with value added services like Digital Transformation which are innovative and unique in concept and execution.

Hiperdist is one of the fastest-growing value-added distributor of Microsoft, Alibaba Cloud and Palo Alto in UAE and Africa. It has partnered with ONGO Framework to focus on "enabling digital transformation" to businesses.

While showcasing its digital technology capabilities at the event, Santosh Sanare (GM, Hiperdist) said, "At GITEX this year, we focused on how we could enable digital transformation for the market. We highlighted our readiness to the channel via our marketplace of application delivery partners, such as ONGO. Leveraging these partners, we believe we can bring value to our partners, while empowering them to migrate to the cloud easily.”

On his part, Rama Kuppa, Founder & CEO, ONGO Framework explained to the audience how ONGO revolves around the thought process that “A business should focus only on its growth and not on the complexities of technologies involved in it. ONGO offers you need-based Digital Transformation, which is customizable, scalable and affordable.”

Broadly, Rama defined the scope of the Framework in four integral points. Firstly, it decreases the development work by 60 to 90 percent and equips businesses with a quick go-to market strategy. Secondly, it adds zero to negligible CapEx for them. Further, there are no upfront expenses. The billing is based on Framework-as-a-Service cost, which may start as low as USD 5 as per the predefined services. Lastly, it offers enterprises with complete customization according to the needs of their unique business model. 

Bentley Systems Bolsters Digital Cities Offerings with Acquisitions of Citilabs and Orbit Geospatial Tech

The Year in Infrastructure 2019 Conference – 21 October 2019 – Bentley Systems, Incorporated, the leading global provider of comprehensive software and digital twin cloud services for advancing the design, construction, and operations of infrastructure, today announced the acquisitions of global mobility simulation (CUBE) and analytics (Streetlytics) software provider Citilabs, and global provider of 3D and mobile mapping software, Orbit Geospatial Technologies (Orbit GT). The newly acquired technologies, in conjunction with Bentley’s existing design integration and digital cities offerings, enable engineering-based mobility digital twins. Road mobility digital twins converge cities’ digital context (including 4D surveying facilitated by Orbit GT for drone-and vehicle-mounted mobile mapping), and digital components (including from Bentley’s OpenRoads engineering applications) with CUBE simulations—to model and assure real-world throughput capacity for proposed and existing roadway assets. Streetlytics traffic data will become increasingly available through Bentley’s cloud services to calibrate and validate mobility digital twins.

Robert Mankowski, vice president, digital cities, for Bentley Systems, said, “Mobility is a priority opportunity for city digital twins, because too often existing planning and simulation efforts are disconnected from the infrastructure’s engineering reality. As the roadway design software leaders, we’re very enthusiastic to be the first to enable engineering-founded mobility digital twins. With these acquisitions, we can now bring together traffic simulations, by way of the respected and versatile CUBE software—led by traffic engineer Michael Clarke to have now become a market leader—with automated mobile mapping workflows for reality modeling of roadways, as envisioned and realized by Peter Bonne, and his family, in leading the team behind Orbit GT. This will serve communities and regions in designing, testing, and optimizing the resilience of their mobility infrastructure.”

Aakash Institute Conducts ANTHE 2019 at 2,411 Centres for 3.27 Lakh Students Across India

Highlights

* Since 2010 when it was first instituted, ANTHE has seen around 19 lakh students appearing for the Aakash National Talent Hunt Exam.
* Hundreds of deserving Students will be awarded up-to 100% scholarship to help them take the first step in their endeavor to become doctors and IITians.
* Students studying in Class VIII, IX and X can take benefit of this scholarship program.
* Additionally, from this year students studying in Class XI and XII also had the opportunity of writing ANTHE.

Creating history in the test preparation sector, Aakash Educational Services Ltd. (AESL), the national leader in test preparatory services for aspiring doctors and IITians with more than 187 centres across the country, saw a whopping 3.27 lakh students appear for its national scholarship exam, the Aakash National Talent Hunt Exam (ANTHE), held on October 20, 2019, across India.

The scholarship exam was conducted both in the online mode as well as offline at around 2,411 centres across the length and breadth of the country. Started in 2010, ANTHE has seen around 19 lakh students appearing for the Aakash National Talent Hunt Exam.

Said Mr. Aakash Chaudhry, Co-Promoter and CEO of Aakash Educational Services Limited (AESL) and Founder & Trustee of Plaksha University: “We are overwhelmed by the response that ANTHE has received across India over the last decade, and more so, this year when it has broken all previous records and saw a whopping 3.27 lakh students appear for the exam. ANTHE has today emerged as one of the largest gateway in the country for school students aspiring to fulfil their Medical or IIT dream. Its growing popularity is a testimony of the innovative teaching methodology, curriculum and faculty at Aakash Institute.”

The scholarship exam was held on October 13 and October 20, 2019 across 24 states & Union Territories in the country. This year, ANTHE was conducted for the first time in Tripura as well.

Being one of the largest private sector pan-India exams, ANTHE gives deserving students an opportunity to earn up-to 100% scholarship and helps them take the first step in their endeavor to become doctors and IITians. Students studying in Class VIII to XII participated in the exam.

Looking at the response and demand from students and parents from previous years, this year ANTHE was opened to Class XI and XII students as well.

More than 2,000 students from Classes VIII and XII across India will be eligible for 100% scholarship on Tuition Fee. In addition, 600 students across India will be eligible for cash awards.

Beyond the top scoring students, there will also be attractive scholarships on the Tuition Fee, based on the marks scored by students in ANTHE.

The countrywide talent hunt exam ANTHE was held across 24 states and union territories in two phases on October 13, 2019 and October 20, 2019. States where the scholarship exam was held are Assam, Andhra Pradesh, Bihar, Chandigarh, Chhattisgarh, Delhi, Goa, Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Tripura, Telangana, Uttar Pradesh, Uttarakhand and West Bengal.

India’s First Internet Car - MG HECTOR Receives First Over-the-Air (OTA) Software Update

India’s first internet car – MG HECTOR has received the first over-the-air (OTA) software update that adds new features such as Apple Car Play and enhances the overall user experience with technological enhancements.

MG is one of the first in the automotive industry globally to provide free over-the-air software updates. With this, customers no longer need to get their cars all the way to the authorised service station for updating their infotainment system.

Starting today, customers of MG HECTOR’s Smart & Sharp variants will receive a notification on their touchscreen display to download the latest software update. The free update can be downloaded directly, just like smartphones, making it a ‘living car’. An embedded sim card enables internet inside the MG HECTOR’s iSMART infotainment system. The carmaker will roll out the update to the cars in batches.

“As the pioneer of internet cars in India, MG Motor India has been at the forefront of technology leadership in the automotive space. With the first over-the-air update in the Indian automotive industry, we are redefining the in-car experience and will continue to delight customers with more updates in the future,” said Rajeev Chaba, President & Managing Director, MG Motor India.

Launched on June 27 this year, the MG HECTOR has received more than 36,000 bookings so far.