Monday, June 3, 2024

Indian Buyers Encouraged To Invest InGreece In A Mediterranean Home And Obtain Permanent Residency In Europe


* The much vied-for Greece Golden Visa, (Permanent Residency) is currently one of the most affordable residency programmes in Europe and across the world, that provides global high-net worth individuals (with family) and investors a permanent home in Europe along with ‘ visa-free travel across Europe’. Free health and education as well as the freedom to set up a business in the county are among other benefits of the PR

* This entry price investment is set to double in cost to a minimum of €400,000 from the current €250,000 starting September.

* Indians, who’ve always dreamt of buying a holiday home in Greece, can avoid the impending price increase by taking prompt action and advancing their property purchases with Leptos Estates before August 31 in exotic locations such as Paros, Crete, and Santorini

Owning a dream holiday home in Greece as well as a Golden Visa with Permanent Residency, is set to become more expensive for all from August 31, 2024. In September, the Greek government will implement new laws that will double the minimum investment required for global citizens to own real estate in Greece.

Leptos Estates, a prominent real estate and property development firm specializing in residential, commercial and holiday residences including premium apartments and luxury villas in Greece and Cyprus, invites high-net worth individuals and investors from India to act swiftly and make their property investments in Greece before the rules change later this year.

Over the last few years, the popularity and demand for Greece’s Golden Visa Programme launched in 2013, has surged leading the Greek government to reconsider the entry points for real estate investment and Permanent Residency.

As per the new rule regarding Greece’s Golden Visa Program that is expected to be effective on August 31, 2024, there will be two minimum investment slabs for real estate transactions in the country. In Tier I, which comprises popular areas like Attica, Thessaloniki, Mykonos, Santorini, and the islands, the minimum investment is expected to go up to €800,000 from the current €500,000; and in Tier II that covers all other regions of Greece, the entry point will go up to €400,000 from the current €250,000.

“As the deadline approaches, prices are expected to surge, potentially making the dream of owning a Greek home less attainable for Indian investors. We urge high net-worth individuals and investors to grab this unique once-in-a-lifetime opportunity to secure Permanent Residency in Greece while enjoying the chance to make promising returns on their investment at a minimum cost of an affordable €250,000. Once the new rules come into effect, the cost will double, and it will be a great chance missed. We have some aesthetically and sustainably designed, fully functional apartments and villas across Greece and in regions like Paros Crete, and Santorini that would make great homes for global citizens,” said Sanjay Sachdev, Group Marketing Director, Leptos Estates.

Investors can still apply under the current €250,000 minimum threshold if they pay a 10% deposit by Aug 31, 2024, and finalise the investment by December 31, 2024.

Among the several benefits of owning both a home and a Permanent Residency in one of the world's oldest civilisations is visa-free travel within Europe’s Schengen area, high returns from Greece’s booming real estate market, perfect weather through the year and a chance to experience the charming, idyllic Mediterranean culture.

The Residency is applicable to the whole family (married spouse, children under 21 years old, and parents of the main applicant and spouse) with eligibility to apply for citizenship also

Foreign homeowners in Greece are not required to reside in Greece and residence permits can be acquired within 6 months. Owners also have the option to rent out their investment property.

About Leptos Estates:

Leptos Estates is a six-decade, family-run, real estate and property development firm that specializes in property sales from residential, commercial and holiday residences including premium apartments and luxury villas in Cyprus and Greece. It is a ‘one-stop-shop’ to handle all your PR needs from start to finish With verticals like travel/Insurance/Rental/Resales/Maintenance etc

The group has an extensive land bank, owning prime locations in Cyprus and Greece (Athens, Paros, Santorini, and Crete).

Leptos Estates is part of the Leptos Group headquartered in Paphos, Cyprus, that operates businesses in the hospitality, education and healthcare sectors.

The organisation has achieved its success through an international network of sales service in 75 countries, its vast investment in land purchasing and an effective after-sales service support.

Central Bank of India And 1to1help Collaborate To Prioritize Mental Wellness Among Employees


1to1help, India's leading provider of Employee Assistance Program (EAP) services, is proud to announce its strategic partnership with the Central Bank of India, a premier national banking institution committed to the well-being of its employees. This collaboration marks a significant step towards addressing the pressing mental health concerns prevalent in today's workforce and underscores 1to1help's dedication to supporting the mental well-being of Central Bank of India's valued members.

Recent studies reveal a concerning rise in mental health issues among India's workforce. A pre-screening process implemented by 1to1help revealed that a staggering 85% of counselling seekers exhibited symptoms of moderate or severe anxiety and/or depression. This alarming statistic highlights a pressing need for comprehensive mental health support.

"In a world where uncertainty is increasingly prevalent, our priority remains the welfare of our employees. We are delighted to embark on this partnership with 1to1help to extend our support network and foster a culture of mental wellness within the Central Bank of India," stated Ms. Poppy Sharma, General Manager – HCM department from the Central Bank of India. "This collaboration underscores our commitment to prioritising mental health and ensuring that our employees have access to the resources they need to thrive in both their personal and professional lives."

1to1help's CEO, Ms. Mahua Bisht, expressed enthusiasm about the collaboration, stating, "In today's fast-paced world, mental health has become a paramount concern, particularly within the workplace. We are thrilled to join forces with the Central Bank of India to provide comprehensive mental well-being solutions to 31000+ employees. Our goal is to serve as a trusted ally, offering a listening ear and empowering individuals to prioritize their mental well-being."

As part of this partnership, 1to1help will introduce a highly personalized self-care journey for each individual, meticulously tailored to their specific needs, preferences, and contextual factors. This transformative initiative will empower employees to actively pursue their mental health objectives through a series of action-oriented tasks, personalized goal-setting, and reflective activity logs.

Drawing upon the clinical expertise of more than 250+ network of counsellors, 1to1help will deliver a comprehensive, customized well-being program exclusively for the Central Bank of India. This program will not only address immediate mental health concerns but also provide invaluable tools and strategies for long-term resilience and well-being.

1to1help is committed to fostering a culture of mental wellness within the Central Bank of India, where employees feel valued, supported, and empowered to prioritize their mental well-being. Through this partnership, 1to1help reaffirms its commitment to promoting mental health advocacy in the workplace and aims to contribute to the overall well-being and productivity of the Central Bank of India's esteemed workforce.

Bring The Stadium Home With Samsung ‘Big TV Days’ Sale On Ultra-Premium TVs


* ‘Big TV Days’ sale coincides with the T20 Cricket World Cup and offers are applicable on 75-inches and above ultra-premium televisions

* Customers will also get a Serif TV free worth up to INR 89990 or a free Soundbar worth INR 79990 on purchase of TVs under this offer

Samsung, India's largest consumer electronics brand, today announced exciting offers on its big TVs, including the ultra-premium Neo QLED, OLED and Crystal 4K UHD TVs. The ‘Big TV Days’ offers have been introduced for the T20 Cricket World Cup to enhance users’ entertainment experience by truly bringing the stadium home.

Customers purchasing Samsung TVs during ‘Big TV Days’ will get a free Serif TV worth INR 89990 or a Soundbar worth INR 79990 free, depending upon the TV purchased. Customers can also avail easy EMI starting INR 2990, and cashback up to 20%. The offers will be available on Samsung.com, leading retail stores, and various other online platforms, ensuring convenience for consumers nationwide. The offers will be available between June 1 and June 30, 2024. The offers are available on 98"/85"/83"/77"/75" sizes across the Neo QLED, OLED and Crystal 4K UHD TV range on select models.

Samsung is bringing the transformative power of Artificial Intelligence (AI) in home entertainment to improve consumers’ lifestyles and offer exceptional viewing experiences. These televisions redefine the home entertainment experience, offering accessibility, sustainability and enhanced security with the power of AI.

“Our 'Big TV Days' campaign coincides with the T20 Cricket World Cup to meet the growing demand for larger screen sizes and premium viewing experiences. By offering our ultra-premium range of TVs including Neo QLED, OLED and Crystal 4K UHD TVs with exciting offers, we aim to bring the immersive experience of a stadium directly to our customers' homes. With our state-of-the-art AI-powered televisions, customers can expect exceptional picture quality, immersive audio and sleek designs. Furthermore, the addition of AI provides an unparalleled cricket viewing experience for consumers with features like 8K AI Upscaling and AI Motion Enhancer Pro working together to bring exceptional clarity during a live match with minimal ball distortion and blurring," said Mohandeep Singh, Senior Vice President, Visual Display Business, Samsung India. 

Samsung has also curated localized smart experiences for Indian consumers to include a range of services like gaming, entertainment, education and fitness, which are available in these televisions. The Cloud gaming service enables users to experience AAA games with plug and play – with no console or PC required. Samsung Education Hub helps users to experience big screen learning with live classes, making learning for your kids more interactive and immersive. Additionally, with TV Key Cloud service, consumers no longer need a set-top box as it enables direct transmission of content through the cloud. Samsung TV Plus provides 100+ channels free with instant access to news, movies, entertainment and more.

Neo QLED 8K

The Neo QLED 8K range comes powered by the NQ8 AI Gen2 Processor, which enables AI-powered experience for content providing life-like picture quality. The NQ8 AI Gen2 Processor is powered by 256 AI neural networks that help transform both picture and sound to deliver an 8K experience whether you are streaming OTT services, playing your favourite video games or watching live sports. Samsung’s Neo QLED 8K TVs also come with the Motion Xcelerator Turbo Pro for creating consistently crisp visuals and blazing-fast speeds for high-speed gaming.

Neo QLED 4K

The 2024 Neo QLED 4K line-up is powered by the NQ4 AI Gen2 Processor, which breathes life into almost any content, rendering it in stunning 4K resolution. Enhanced by Quantum Matrix Technology, the screen ensures impeccable contrast even in complex scenes. With the world’s first Pantone Validated display for colour accuracy and Dolby Atmos for an immersive audio experience, the Neo QLED 4K range of TVs raises the bar for an ultimate 4K experience.

QLED TV

Samsung's QLED TV provides stunning picture quality with Quantum Dot technology. Boasting 100% colour volume, this TV ensures that colours remain true and vibrant at any brightness level. Its ultra-slim design blends seamlessly into any home, adding a touch of elegance to living spaces.

OLED TV

The world’s first glare-free OLED TV eliminates unnecessary reflection while preserving deep blacks and clear images under any lighting condition. Powered by the same formidable NQ4 AI Gen2 Processor, Samsung’s OLED TVs boast features like the Real Depth Enhancer and OLED HDR Pro, bringing picture quality to new heights. Additionally, with features such as Motion Xcelerator 144Hz ensuring smooth motion and quick response rates, Samsung OLED is the ultimate choice for gaming. Complemented by sleek designs, these OLED TVs elevate the viewing space.

UHD TV

Samsung's UHD TV brings colours to life with Dynamic Crystal Colour technology, offering lifelike variations and subtle details in every shade. Motion Xcelerator keeps fast-moving action smooth and clear, making every game, movie, or show, more immersive and enjoyable.

About Samsung Electronics Co., Ltd.

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, home appliances, network systems, and memory, system LSI, foundry and LED solutions, and delivering a seamless connected experience through its SmartThings ecosystem and open collaboration with partners. For latest news on Samsung India, please visit Samsung India Newsroom at http://news.samsung.com/in. For Hindi, log on to Samsung Newsroom Bharat at https://news.samsung.com/bharat. You can also follow us on Twitter @SamsungNewsIN

MAHE Hosts Two-Day Clinical Competency Development Program For Philips Engineers


The Office of Corporate Relations at Manipal Academy of Higher Education (MAHE), in partnership with Kasturba Medical College (KMC), Manipal, organized a comprehensive two-day Clinical Competency Development Program for Philips Engineers on May 31st and June 1st, 2024. The program aimed to enhance the clinical knowledge and skills of fifteen engineers from the Philips Innovation Centre, Bangalore, specifically in the domain of Hospital Patient Monitoring (HPM). The event featured a combination of theoretical classroom sessions and practical hands-on experience with state-of-the-art monitoring devices.

A gathering comprising dignitaries from MAHE and participants from Philips attended the inaugural meeting. Dr. Harish Kumar S, Director of Corporate Relations at MAHE, welcomed the gathering. Following the welcome, Dr. Vinod Nayak, Professor of the Forensic Department at KMC and the program coordinator gave an insightful overview of the planned sessions.

During his inaugural address, Dr. Sharath Rao, Pro Vice Chancellor – Health Sciences at MAHE, underlined the importance of such initiatives. He said, 'In the rapidly evolving healthcare technology field, it is essential for engineers to keep up with clinical applications. Programs like this bridge the gap between technical expertise and clinical practice, ensuring that advancements in medical technologies are both innovative and applicable.

Dr. Narayana Sabhahit, Pro Vice Chancellor for Technology and Science at MAHE, emphasized the importance of the program, stating that 'the future lies in integrating technology with medicine.' He elaborated that by providing engineers with a thorough understanding of clinical requirements. We are paving the way for transformative healthcare breakthroughs.

Dr Raviraja, COO designate & Director, Planning and Monitoring, MAHE emphasised on significance of hospital patient monitoring systems and on the need for remote patient monitoring. 

Several dignitaries from MAHE graced the event, including, Dr Padmaraj Hegde, Dean of KMC, Manipal, Dr Anand Venugopal, COO, KMC, Manipal, Dr Avinash Shetty, Medical Superintendent of KMC, Manipal, Dr Naveen Salins, Associate Dean – Research at KMC, Manipal, Dr Sagar, Department of critical care, KMC and Mr. Abhimanyu Pradhan, Assistant Professor at MCHP.

Dr. Harish Kumar S, Director, Corporate Relations at MAHE, concluded the program with a vote of thanks, expressing appreciation to participants and organizers for their contributions. He acknowledged the exceptional enthusiasm and engagement of Philips engineers and MAHE staff, setting a high standard for future competency development programs. The partnership with Philips, a leader in healthcare technology, is expected to continue, with the aim of advancing healthcare through technological advancements.

Tata Motors Registered Total Sales Of 77,521 Units In April 2024


Total CV Sales of 29,538 units, 31% YoY

Total PV Sales of 47,983 units, 2% YoY

Tata Motors Limited sales in the domestic & international market for April 2024 stood at 77,521 vehicles, compared to 69,599 units during April 2023.

Domestic Sales Performance:

Domestic sale of MH&ICV in April 2024, including trucks and buses, stood at 12,722 units, compared to 8,985 units in April 2023.

Total sales for MH&ICV Domestic & International Business in April 2024, including trucks and buses, stood at 13,218 units compared to 9,515 units in April 2023.

Passenger Vehicles:

Includes sales of Tata Motors Passenger Vehicles Limited and Tata Passenger Electric Mobility Limited, both subsidiaries of Tata Motors Limited.

Honda Cars India Announces “Honda Summer Bonanza” With Exclusive Benefits On All Honda Cars


Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India announced “Honda Summer Bonanza” - a month-long promotional campaign offering attractive benefits and assured gifts on purchase of its premium range of cars including Honda Elevate, Honda City, City e:HEV and Honda Amaze . This special campaign is valid till June 30, 2024, at all Honda dealerships nationwide*.

The “Honda Summer Bonanza” provides a unique opportunity for customers to win an exclusive couples’ trip to Paris or assured gifts worth up to Rs 75,000. Additionally, there are Surprise gift on all test drives as part of the campaign. All these bonanza offers will be in addition to the ongoing monthly offers available on the product range.

Commenting on the special Honda Summer Bonanza, Mr. Kunal Behl, Vice President, Marketing & Sales, Honda Cars India Ltd. said, “This summer, Honda Cars India is thrilled to bring the 'Honda Summer Bonanza’ offering exclusive benefits on the purchase of Honda cars. Through this campaign, we want our customers to drive home their favourite Honda vehicle, providing not only exceptional value but also the added benefit of these exciting offers. We encourage all our customers to take advantage of these attractive benefits and visit a dealership near them.”

The “Honda Summer Bonanza” extends to the entire premium range of Honda cars in India, ensuring customers across the nation have access to these exceptional offers along with ongoing monthly offers on each model.

Honda Cars India Registers Total Sales Of 11,343 Units In May 2024


Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, registered total sales of 11,343 units in May’24 as compared to 5,247 units in May’23. Domestic sales of the company stood at 4,822 units and 6521 units of exports in the month of May’24.

Sharing thoughts on May’24 sales performance, Mr. Kunal Behl, Vice President, Marketing & Sales, Honda Cars India Ltd. said, “The market conditions were challenging during May’24 as industry experienced weaker showroom traffic amidst ongoing heat wave conditions in most parts of the country. We aligned our sales plan during the month, focusing on retail and creating comfortable buying experience for our customers. While we expect conditions to get more conducive with onset of monsoons in June, we have rolled out attractive Honda Summer Bonanza campaign this month to make the car purchase more rewarding. On the export front, we continued our strong run led by Elevate volumes, and have emerged as a significant contributor to the ‘Make in India’ movement in the industry.”

The company had registered 4,660 units in domestic sales and exported 587 units in May’ 23.

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