PhonePe’s Share.Market Introduces Futures & Options Segment With Focus On Intelligence

-          Total Share.Market lifetime customers are 1.55M with over 1.4M monthly active MF SIP transactions

-          On the app, Share.Market has over 75 K daily users engaging actively with the intelligence layer, with 1.5L demat accounts

Share.Market, a PhonePe product, today announced the launch of its Futures and Options (F&O) segment. This addition marks a significant milestone in the platform's mission to empower traders with comprehensive trading tools and resources which will facilitate an enhanced trading experience with a dedicated focus on the Intelligence layer.

Within seven months of the launch of the business, total Share.Market lifetime customers are over 1.55M with over 1.4M monthly active MF SIP transactions. In addition, Share.Market has been able to provide access to Intelligence to over 75,000+ users (daily app engagement) with 1.5L demat accounts.

The introduction of F&O capabilities on Share.Market enhances the platform's offerings, with a comprehensive Option chain analysis to track Options. Futures and Options contracts across various Indices and Stocks play a role in Investor and Trader journey to manage risk, hedge positions, and enhance the overall return profile through efficient portfolio management.  To bring more Intelligence, trader focused data points around greeks and strategy building with effective money management will be rolled out.

Key features of the F&O offering include:

Robust Trading Interface: A user-friendly interface designed to streamline the trading process, enabling Traders to execute F&O trades with ease and efficiency. Effective risk management capabilities around tracking and managing orders includes optimal capital allocation and timely exits.

Evolving Intelligence layer: Enhanced Option Chain with Max Pain, Put Call Ratio (PCR) and easy visualization of Open Interest (OI) change, together with charting capabilities of individual Future and Option instruments has been launched. Many more features around hedging, mechanics for strategy selection, building blocks behind strategy execution and management are all in the pipeline. 

Leveraging Pledge for Margin Trading: For seasoned traders, there is an option of getting collateral margin through pledging of existing holdings.

Educational resources: Along with an Intelligence layer on the platform, augmenting with access to educational resources, tutorials, and webinars to help traders deepen their understanding of F&O trading strategies and concepts.

Talking about the launch of F&O, Ujjwal Jain, CEO, Share.Market said, "As Investors and Traders empower themselves to Invest and Trade better, Share.Market has been able to take the ambitious steps to elevate Discount Broking powered by Intelligence.” He further added, “With the launch of Futures and Options trading to our platform, we are further expanding our suite of offerings. This addition will further strengthen our efforts to empower investors and traders with the tools and resources they need to navigate today's dynamic financial markets.”

The launch of the F&O feature underscores Share.Market’s dedication to innovation and customer-centricity. By continuously enhancing its platform with new features and capabilities, Share.Market remains at the forefront of the industry, catering to the evolving needs of investors and traders.

Launched in August end 2023, Share.Market elevates discount broking by providing market intelligence, quantitative research-based WealthBaskets, a scalable technology platform, and a great customer experience for investors and traders alike. It provides a wide spectrum of investment products allowing investors across different demographics to build a well-rounded and balanced portfolio. Share.Market offers stocks (intraday and delivery), Exchange-Traded Funds (ETFs), Mutual Funds, and WealthBaskets. 

Website: https://share.market

Download the App: 

*        https://apps.apple.com/in/app/share-market-invest-like-a-pro/id6444640366

*       https://play.google.com/store/apps/details?id=com.phonepe.stockbroking

About PhonePe Wealth Broking: PhonePe Wealth Broking Private Limited, incorporated in April 2021 is a subsidiary of PhonePe Private Limited and is registered with NSE and BSE as a Stock Broker, with CDSL as a Depository Participant with SEBI as a Research Analyst and with AMFI as a Mutual Fund distributor. Launched in August 2023, Share.Market, a brand of PhonePe Wealth Broking and affiliates, is a wealth and investment platform (app & website), catering to investors and traders of all expertise levels. The platform offers a wide range of investment products, including Stocks, Mutual Funds, WealthBaskets, and more.

About PhonePe Group: 

PhonePe Group is India’s leading fintech company. Its flagship product, the PhonePe digital payments app, was launched in Aug 2016. In just 7 years, the company has scaled rapidly to become India’s leading consumer payments app with 520+ million registered users and a digital payments acceptance network of 38 million merchants. PhonePe also processes 230+ million daily transactions with an annualized Total Payment Value (TPV) of USD 1.5+ Trillion. On the back of its leadership in digital payments, PhonePe Group has expanded into financial services (Insurance, Lending, Wealth) as well as new consumer tech businesses (Pincode - hyperlocal e-commerce and Indus App Store - India's first localized App Store). PhonePe Group is an India headquartered technology company with a portfolio of businesses aligned with the company's vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services.

For more details, contact: media@share.market

Air India Express Launches 19th Anniversary Celebrations With A Powerful #VoteAsYouAre Initiative

* The airline is offering 19% off on the base fare across its network for first-time voters aged 18 to 22 flying home to cast their votes

In the run up to its 19th anniversary on 29th April, the airline announced a campaign for first time voters, true to its legacy of connecting people, places, and cultures. Air India Express unveiled its #VoteAsYouAre initiative and campaign to empower and mobilise the youth of India to exercise their voting rights in the forthcoming 18th Lok Sabha elections. The airline is offering 19% off across its domestic and international network for first-time voters, between the ages of 18 and 22, flying to cast their votes. Bookings can be made on the airline’s award-winning mobile app and website, airindiaexpress.com for travel to the airport nearest to the respective constituency of the voter, between 18th April and 1st June 2024.

Air India Express has been dedicated to weaving a tapestry of connections that transcend geographical boundaries, embodying the spirit of new India. #VoteAsYouAre is designed to recognise the importance of voting, especially among those eligible to vote for the first time in this election, the world’s biggest democratic exercise ever, with nearly 1 billion people eligible to vote, more than the populations of the United States, the European Union and Russia combined. This initiative encourages the youth of India to exercise their franchise, make their voice heard and participate in shaping the future of the nation.

Speaking about the initiative, Dr Ankur Garg, Chief Commercial Officer, Air India Express said, "Air India Express has always served as a catalyst for change - uniting people, places, and cultures across borders. As we gear up for our 19th anniversary, #VoteAsYouAre symbolises our commitment to empowering and galvanising the youth in shaping the future of our nation while fostering a culture of active citizenship and democratic participation. With this initiative, we want to make it easier for first-time voters to exercise their right to vote while also expressing our gratitude for their engagement in shaping the future of our country."

Air India Express flies to 31 destinations across states in India, including Amritsar (Punjab), Ayodhya (Uttar Pradesh) Bagdogra (West Bengal), Bengaluru (Karnataka), Bhubaneswar (Odisha),  Chennai (Tamil Nadu), Delhi, Goa (Goa), Guwahati (Assam), Gwalior (Madhya Pradesh), Hyderabad (Telangana), Imphal (Manipur), Indore (Madhya Pradesh), Jaipur (Rajasthan), Kannur (Kerala), Kochi (Kerala), Kozhikode (Kerala), Kolkata (West Bengal), Lucknow (Uttar Pradesh), Madurai (Tamil Nadu), Mangalore (Karnataka), Mumbai (Maharashtra), Pune (Maharashtra), Ranchi (Jharkhand), Srinagar (Jammu and Kashmir), Surat (Gujarat), Tiruchirappalli (Tamil Nadu), Thiruvananthapuram (Kerala), Varanasi (Uttar Pradesh), Vijayawada (Andhra Pradesh), Visakhapatnam (Andhra Pradesh).  

First time voters can avail this offer across the fare family of Air India Express that include four fare products – Xpress Lite (cabin baggage only fares), Xpress Value (15 kg check-in bag fares), Xpress Flex (unlimited changes with no change fees) and Xpress Biz (Business Class seating with complimentary Gourmair meals & priority services). Details on how to book and conditions of the offer are listed on airindiaexpress.com.  

About Air India Express

Air India Express, is a subsidiary of Air India and a part of the Tata group, operating over 360 daily flights, connecting 31 domestic and 14 international airports, with a fleet of 73 aircraft, comprising 45 Boeing 737s and 28 Airbus A320s. Air India Express invites guests with the proposition to ‘Fly As You Are’, using thoughtfully considered technology to enable flyers to personalise and take charge of their travel experience. The airline offers Gourmair hot meals, comfortable seats, pioneering in-flight experience hub AirFlix, and a host of exclusive loyalty benefits with a sense of unique Indian warmth, and an award-winning digital experience on its mobile app and website, airindiaexpress.com. 

Yamaha Launches AEROX 155 Version S Equipped With Smart Key With Starting Price Of 1,50,600/- (Ex-Showroom)

*           Smart Key features include Answer Back, Unlock, and Immobilizer

*           AEROX 155 Version S exclusively available in the Silver and Racing Blue colour shades

India Yamaha Motor (IYM) Pvt. Ltd., in alignment with ‘The Call of the Blue’ brand campaign, has today launched the AEROX 155 Version S embodying the spirit of performance, style, and innovation. The latest version of the Maxi-Sports Scooter comes with the advanced Smart Key technology aimed at enhancing convenience and security for riders manoeuvring through urban settings. The AEROX 155 Version S, will be exclusively available at Blue Square showrooms, in two captivating colour shades - Silver & Racing Blue at a price of Rs. 1,50,600 (Ex-showroom, Delhi).

The Smart Key feature of the AEROX 155 Version S is crafted to redefine urban mobility and provide a seamless experience to the riders. Notably, its answer-back capability assists in locating the scooter amid bustling city environments, activating flashing blinkers and a buzzer sound for easy identification in crowded areas. Additionally, the keyless ignition streamlines the startup procedure, enabling riders to effortlessly start their scooter through proximity detection, eliminating the hassle of manual key insertion. The rider can smoothly start the vehicle by rotating the knob to ignition position and simply push the start button.

This innovation not only enhances convenience but also bolsters security by reducing the risk of unauthorized access or theft. The smart key incorporates an immobilizer function, ensuring the scooter's protection when the key is out of range, providing riders with peace of mind against potential threats. Ultimately, the Smart Key functionality of the AEROX 155 Version S redefines the user experience by seamlessly integrating convenience, security, and advanced technology, offering a smoother and more enjoyable journey for riders in today's bustling urban landscapes.

Speaking on the occasion, Mr. Eishin Chihana, Chairman, Yamaha Motor India Group of Companies said, “Since its launch, the AEROX 155 has been a resounding success, captivating dynamic customers with its impressive performance and extraordinary design. As Indian cities evolve, the need for efficient transportation solutions has grown substantially, prompting Yamaha to lead with innovations that not only address but surpass the evolving demands of riders. The integration of Smart Key technology into the AEROX 155 exemplifies this commitment. Seamlessly blending convenience and utility, the new Smart Key feature sets a new standard for urban mobility experiences. The Yamaha AEROX 155 has long been celebrated for its performance and style, and the introduction of the Version S signifies an important stride in our ongoing dedication to enhancing the rider experience.”

The AEROX 155 flaunts a bold body size, sleek athletic proportions, and striking X Centre motif, making it a preferred choice for urban mobility and highway cruising alike. It features Traction Control System (TCS) and is powered by a new generation 155cc Blue Core engine equipped with Variable Valve Actuation (VVA). Mated to a CVT transmission, the liquid-cooled, 4-stroke, SOHC, 4-valve motor produces a max power output of 15 PS at 8,000rpm with 13.9 Nm of peak torque produced at 6,500rpm. The Maxi-sports Scooter by Yamaha is E20 fuel compliant, has an on-board diagnostics (OBD-II) System and also gets hazard system as a standard feature.

These exciting updates reinforce Yamaha's dedication to innovation and customer satisfaction, setting new benchmarks in the scooter segment. As the AEROX 155 continues to captivate riders nationwide, Yamaha remains at the forefront of revolutionizing urban experience on two-wheels.

AEROX 155 Version S Video Link: https://youtu.be/6TruKY87gd4

About Yamaha Motor India group of companies:

Yamaha Motor made its initial foray into India in 1985 as a joint venture. In August 2001, it became a 100% subsidiary of Yamaha Motor Co., Ltd, Japan (YMC). In 2008, Mitsui & Co., Ltd. entered into an agreement with YMC to become a joint investor in India Yamaha Motor Private Limited (IYM). IYM's manufacturing facilities comprise State-of-the-art plants at Surajpur (Uttar Pradesh) and Kanchipuram (Tamil Nadu). The infrastructure at these plants supports the production of motorcycles and parts for the domestic as well as overseas markets. YMC has established its subsidiaries - Yamaha Motor Research and Development India Pvt Ltd. (YMRI), Yamaha Motor India Sales Pvt Ltd. (YMIS) and Yamaha Motor India Pvt Ltd. (YMI) in India to independently support IYM in the development, sales & marketing of its products and overall business planning & regional control respectively. Presently, its product portfolio includes YZF-R3 (321cc), MT-03 (321cc), YZF-R15 V4 (155cc), YZF-R15S V3 (155cc),  MT-15 V2 (155cc); FZS-Fi Version 4.0 (149cc), FZS-Fi Version 3.0 (149cc), FZ-Fi Version 3.0 (149cc), FZ-X (149cc), AEROX (155cc) and scooters like Fascino 125 FI Hybrid (125cc), Ray ZR 125 FI Hybrid (125cc), Ray ZR Street Rally 125 FI Hybrid (125cc).

Uorfi Javed Joins Forces With The Health Factory To Spread The Message Of Healthy Eating

 The Health Factory, renowned for its commitment to wholesome and nutritious food products, proudly announces its latest collaboration with actor Uorfi Javed. This partnership marks a significant step in the brand's mission to inspire healthier eating habits by advocating for the consumption of the right bread for daily nutritional needs.

Partnering up with fashion and social media icon Uorfi Javed, known for setting fashion trends, The Health Factory aims to captivate Gen Z and a broader audience through an engaging social media reel. The reel ad will be shared across various digital and social media platforms and major media channels, offering entertaining content to encourage viewers to choose healthier Original Zero Maida Bread over regular whole wheat or brown bread.

Expressing her excitement about the collaboration, Uorfi Javed said, "As an actor, I hold deep commitment to staying healthy.  I consciously opt for clean eating, prefer gluten free products as it is the way to go for a healthier gut, while propogating healthier lifestyle choices. The Health Factory's initiative is inspiring millennials and Gen Zs to reimagine their bread choices. It's been an absolute joy being a part of this campaign."

At the heart of this collaboration lies the message encapsulated in the slogan #Bread Badlo Aadat Nahi (Change the Bread, Not the Habit), reflecting The Health Factory's innovative stance on reshaping attitudes towards bread consumption. Through compelling content, the collaboration aims to disseminate this message to a wider audience across various digital platforms.

The reel seamlessly showcases the brand's range of breads, all free from added preservatives and colors, ensuring guilt-free indulgence for consumers. With Uorfi Javed leading the reel, The Health Factory harnesses the power of social media to spearhead a movement towards informed choices in daily consumption.

The Health Factory's products are readily available for purchase offline at general and modern retail stores in Mumbai, Delhi NCR, Pune, Bangalore, Chennai, or online via leading e-commerce platforms such as Bigbasket, Zepto, Blinkit, and Swiggy Instamart.

This collaboration highlights the unique selling points of Original Zero Maida Bread, emphasizing its freedom from added preservatives and colors, guaranteeing a guilt-free indulgence for consumers. With Uorfi Javed at the forefront, The Health Factory leverages the influence of social media to champion informed decisions in daily consumption habits.

About The Health Factory

Founded in 2018, The Health Factory emerges as a trailblazer startup in wholesome nutrition, boasting a commitment to innovation and a dedication to challenging conventional norms. In response to growing concerns over the purity and nutritional content of commercial bread, The Health Factory takes center stage, dedicated to reinstating faith in this timeless staple.

With a resolute mission, the company aims to deliver bread in its purest form, devoid of any chemical preservatives, added colors, and maida. Prioritizing consumer health, their meticulously crafted range of healthy breads offers guilt-free options without compromising on taste.

The Health Factory aspires to redefine how India approaches bread consumption, transforming it from a mere source of sustenance into a beacon of health and well-being. Each bite signifies a celebration of unadulterated goodness, inviting individuals to embrace a new era of bread-eating that guarantees authenticity, quality, and, above all, prioritizes their well-being.

Link to the campaign video: https://www.youtube.com/embed/0K3AKw7YGI4?feature=oembed

IN-SPACe CANSAT India Student Competition 2024 Is A Resounding Success In Fostering Future Space Innovators

~ Team Vihanga from Lovely Professional University emerged triumphant among 28 Teams from across the country to win the competition

The IN-SPACe CANSAT India Student Competition, a collaborative effort between the Indian National Space Promotion and Authorization Centre (IN-SPACe) and the Astronautical Society of India (ASI), concluded after two days of intense competition. The event saw 28 teams from across the country come together in a thrilling display of innovation and ingenuity as they competed in designing, developing, and launching their own CAN-sized satellites.

The competition culminated in a prize and certificate distribution ceremony where teams were recognized for their achievements in various categories, including best overall design, technical innovation, and mission accomplishment. Team Vihanga from Lovely Professional University won the first prize while Team Dyaus from the Institute of Technology, Nirma University won the second prize and Team M.A.T.R.I.X from the Bharath Institute of Higher Education and Research got the third prize. The other winners included Team VINIDRA from MKSSS' Cummins College of Engineering for Women, which won the prize for Best Team Work and Team NAMBI VJ from the Vidya Jyothi Institute of Technology, which won the prize for Best Design.

Shri. S. Somanath, Secretary- Department of Space (DoS), Chairman- ISRO and President- Astronautical Society of India (ASI), graced the event as the Chief Guest and shared his thoughts on the importance of nurturing young talent in the space sector. He said, "The CANSAT competition is a testament to India's commitment to fostering a culture of innovation and scientific exploration. By motivating students to opportunity to gain hands-on experience through a competitive platform and mentorship, we are empowering them to become the next generation of space scientists, engineers, and entrepreneurs."

The competition provided a unique platform for students to gain practical experience in space science and technology. Teams successfully rose up to the challenge of launching their CANSATs to an altitude of 800 meters using drones. This hands-on challenge not only tested their technical skills but also encouraged a deep understanding of the practical aspects of satellite technology as the participants had to consider various aspects such as payload design, telemetry systems, and recovery mechanisms. The event fostered teamwork, problem-solving skills, and a passion for space exploration among the participants.

Dr. Pawan Goenka, Chairman, IN-SPACe was enthusiastic about the event's success and said, "The response to the IN-SPACe CANSAT Competition has exceeded our expectations. Witnessing the dedication, creativity, and technical prowess of these young minds has been truly inspiring. We could see the spark of passion for space in the participants and I am confident that they will be the driving force behind India's future space endeavours. This reassures our commitment to continue to nurture inculcate a space science and technology temperament among the student community.”

Dr. Vinod Kumar, Director-Promotion Directorate, IN-SPACe and Executive Secretary, Astronautical Society of India (ASI) highlight the significance of the event, "We are happy that the IN-SPACe CANSAT Competition has been successful in showcasing the immense potential of such initiatives to create India's future space force from the student community. By providing a platform for them to demonstrate their skills, the event has sown the seeds of curiosity and ambition that will propel them towards successful careers in the space industry in the near future."

Beyond the competition itself, the event also served as a platform for networking and collaboration, fostering connections between students, industry professionals, and space agencies. It provided the Indian space industry an opportunity to recruit the best student minds who were part of the CANSAT teams. The resounding success of the IN-SPACe CANSAT India Student Competition 2024 has firmly established it as a cornerstone event in promoting space education and innovation in India.

For more information about the IN-SPACe and its events, visit https://www.inspace.gov.in/inspace

About IN-SPACe:                                                                        

Indian National Space Promotion and Authorization Centre (IN-SPACe) is an autonomous nodal agency attached to the Department of Space, Government of India formed on 24 June 2020 to promote, enable, authorize and supervise non-government entities (NGE) to undertake space activities. These activities include manufacturing of launch vehicles and satellites, providing space-based services, establishing a ground station, sharing of space infrastructure & facilities; and establishing new facilities under DOS.

IN-SPACe is currently functioning with three directorates viz., Promotion Directorate (PD), Technical Directorate (TD) and Program Management and Authorization Directorate (PMAD) and Legal, Finance and Administration Wing with its headquarters at Ahmedabad.  

Visit us at www.inspace.gov.in

Bangur Cement Launches An Innovative Multimedia Campaign Inspiring Citizens To Vote

·         Bangur Cement launches a sequel to its successful “Solid Ghar” campaign with the message of “Vote Solid, Desh Solid” to inspire citizens to vote during the election period

·         Bangur Cement encourages  citizens to take a intent for voting at votekavachan.bangurcement.com with a promise to donate 1 KG of cement for every pledge to vote which would be used for social welfare purposes

Bangur Cement unveiled a new multimedia campaign inspiring the citizens of the nation to exercise their right to vote. The campaign, 'Vote Solid, Desh Solid', highlights the importance of each individual's vote in making the nation more solid. The campaign is innovative because it is a sequel to the previous brand launch campaign featuring popular Bollywood star Sunny Deol.

The key message of the campaign is ‘Vote Solid, Desh Solid.’ Just as Bangur Cement helps you build a solid home, you can help build a solid nation by exercising your right to vote.

Further, the brand encourages citizens to take a pledge to vote, through its “Vote ka Vachan” button on it’s website votekavachan.bangurcement.com. Bangur Cement has pledged to donate 1 KG of cement for every pledge to vote which would be used for social welfare purposes. Bangur Cement is tying up with relevant NGOs and Self Help Groups to help fulfil this pledge.

Speaking about the campaign, Mr Neeraj Akhoury, Managing Director, Shree Cement, said, "Bangur Cement’s ‘Vote Solid Desh Solid’ campaign and the ‘Vote Ka Vachan’ pledge are a continued reflection of our commitment for building a progressive nation with inclusive growth through our brands, products and network.”

Link of the TVC: https://www.youtube.com/playlist?list=PL3UlNr-cQ3g6DEzrReGiJCcoIeET9PUmo

About Shree Cement Limited

One of the leading cement groups in India, Shree Cement Limited (‘SCL’) (BSE: 500387/ NSE: SHREECEM) is known for its industry leading green credentials, cutting edge innovative practices and cost leadership. It follows ‘highest standards of Corporate Governance and has a long history of enjoying stakeholders’ trust. Shree Cement is known for its high-quality products which are manufactured at advance manufacturing facilities across India and UAE. It is determined to deliver the most sustainable building material solutions to its consumers. The company is relentlessly pursuing its goal of having more than 80 million tonnes of production capacity in the coming years.

Dr. Pavuluri Subba Rao, Founder, CEO And Chairman of Ananth Technologies Conferred With ASI’s ‘Arybhata award’

Ananth is extremely happy and proud that its Founder, CEO and Chairman Dr. Pavuluri Subba Rao has been conferred with the Aeronautical Society of India (ASI)’s ‘Arybhata award’ and also presented with the title of ASI’s ‘Distinguished Fellow’.

The Aryabhata award is in recognition of Dr. Rao’s tremendous lifetime contribution to the promotion of Astronautics in India. It is a great honor to receive this prestigious award from Shri. S Somanath, President, ASI and Chairman, ISRO and from Dr Kiran Kumar ,former Chairman ISRO

Dr. Rao was a scientist at ISRO and in 1992 incorporated Ananth Technologies Limited to indigenously design and develop some of the most sophisticated avionics for ISRO and Defense in India. Ananth currently employees 1600+ across its three Centers of Excellence in Hyderabad, Bengaluru and Thiruvananthapuram. 

ATL has contributed to 98 satellites and 78 launch vehicles so far for Indian space programs.