Friday, November 29, 2024

“The Best Time To Start Retirement Planning Is Now”, Says HDFC Life’s Latest Campaign


HDFC Life, one of India’s leading insurers, has unveiled its latest campaign focused on the critical need for timely retirement planning. The growing elderly population in India coupled with rising life expectancy due to advancements in healthcare and improved standards of living, makes retirement planning imperative.

With individuals projected to require 30 years of income post-retirement by 2050*, early and strategic retirement planning is essential. Despite recognising the importance of starting early, many Indians face a significant gap between intent and action. Alarmingly, 90% of individuals, above the age of 50 years, regret having delayed their retirement planning**.

HDFC Life’s latest campaign highlights a common barrier leading to postponement of retirement planning. Parents usually prioritise financial commitments such as home loan repayments, children’s education, or immediate family needs over their own retirement planning. This postponement diminishes the retirement corpus, as late planning offers limited time for wealth accumulation.

HDFC Life’s new campaign leverages a relatable milestone – a child’s departure for college - as a pivotal moment for parents to begin their retirement planning journey. The campaign aims to create awareness about the need to secure one’s financial future while balancing familial responsibilities.

Speaking about the campaign, Vishal Subharwal – Group Head Strategy & Chief Marketing Officer - HDFC Life said, “The risk of outliving one’s savings is one of the biggest concerns that individuals face during their lifetime. The solution lies in starting retirement planning early to harness the power of compounding. Very often, in India, this is postponed by individuals until their children’s future is secured. Our main message through this campaign is that an individual needs to start planning early for their golden years and the best time is now.”

Adding further, Vikram Pandey – Chief Creative Officer Leo Burnett, South Asia said, “Often it isn’t until their mid fifties that people realise they haven’t planned enough for their retirement, and then it gets too late. In this campaign for HDFC Life, through the story of the couple who are transitioning to a new phase in life as they deal with an empty nest, we wanted to reiterate that this is also a time to shift your financial priorities, as you set your sights toward retirement and funding the next chapter of your life. And who better than HDFC Life to plan this with.”

The campaign has been launched across diverse platforms, including television, digital, and other mass media, ensuring maximum reach and impact.

HDFC Life continues to advocate for financial literacy and awareness, emphasising the importance of proactive retirement planning in today’s dynamic economic landscape.

South African Minister of Tourism, Ms. Patricia de Lille, To Visit India In December 2024


As South Africa and India commemorate 30 years of robust diplomatic relations and democracy, the Honourable Minister of Tourism, Ms. Patricia de Lille, will embark on a significant visit to India this December 2024. During her week-long visit to New Delhi and Mumbai, the Minister will engage in high-level bilateral discussions with her Indian counterpart to strengthen tourism ties, focusing on key areas such as streamlined visa processes, digital innovation, enhanced air connectivity (including the IBSA code-share flight), and rural tourism. She will also explore India's advancements in AI-driven tourism solutions through meetings with technology and VFS representatives, showcasing South Africa’s commitment to adopting innovative practices in the sector.

Under the theme “30 Years of Diplomatic Relations, 30 Years of Democracy, and South Africa’s Assumption of the G20 Presidency in 2025,” Minister de Lille will address over 350 dignitaries at a special event, emphasising sustainable tourism and accessibility for Indian travellers. Additionally, she will host a dinner with CEOs of leading Indian corporations, including Air India, Indigo, and Tata Group, alongside key sports stakeholders, to explore collaborative opportunities. The visit will also highlight South Africa’s focus on bilateral cooperation across critical sectors such as infrastructure, energy, pharma, ICT, agriculture, and tourism while celebrating shared cultural ties through heritage site visits.

South African Tourism CEO Nombulelo Guliwe stated “We are delighted to welcome Minister Patricia de Lille to India as we commemorate 30 years of strong diplomatic ties and the shared values of democracy between India and South Africa. Our 30 years of bilateral milestone serves as a testament to enduring partnership between the two nations and highlighting significance of India as a key ally for South Africa. With the week-long engagement, we are set to further strengthen mutual ties and foster deeper, more meaningful collaborations across various sectors. Moreover, our commitment remains rooted in nurturing closer connections with India and celebrating the vibrant cultural linkages that have flourished over decades. Together, both nations strive to build a transformative era of collaboration, contributing to shared economic growth, cultural exchange, and a strengthened partnership reflecting our collective vision for a prosperous and connected future.”

As part of her visit, Minister de Lille will also explore India’s rich cultural heritage, underscoring the deep historical and cultural ties between the two nations. By engaging with India’s vibrant traditions and iconic landmarks, the Minister aims to celebrate the shared legacy that continues to strengthen the bond between South Africa and India while fostering mutual appreciation and collaboration in tourism and beyond.

Lam Research Announces Winners Of ‘Lam Systems Engineering Challenge’


Lam Research today announced the winners of its annual Lam Systems Engineering Challenge in India. The grand finale of the challenge was held at IISc, Bengaluru among the top 25 teams that emerged from the first two rounds of the challenge. The first prize was awarded to Nakshat Pandey, Dhruv Joshi, Reeshabh Kotecha, and Vansh Ramani from Indian Institute of Technology, Delhi, while teams from Indian Institute of Technology, Delhi and BITS Pilani, Pilani Campus secured the second and third places, respectively. The winners received cash prizes up to Rs 5 lakh, in addition to exclusive internship opportunities at Lam Research.

The Lam System Engineering Challenge is an annual advanced systems engineering competition that brings together cross-functional teams across engineering colleges in India who are passionate about solving advanced systems problems with technology, innovation and teamwork. The challenge, conducted over three rounds between October and November 2024, evaluated the passion for tackling complex engineering problems using technology, innovation and teamwork. During the final round, the top 25 teams were tasked with building a prototype to solve a systems engineering challenge. Their designs were evaluated on factors such as design integration, hardware and firmware implementation, cost optimization, and overall project management.

Hosted in partnership with T-Works, India’s largest prototyping center, and the Indian Institute of Science (IISc), Bengaluru, the competition was a first of its kind which focused exclusively on systems challenges in semiconductor manufacturing. Students needed to deploy a cross-disciplinary approach including material sciences, firmware, hardware, systems thinking and keen business acumen while arriving at solutions.

The challenge attracted more than 2,500 students from 153 universities across the country with more than 650 teams adopting interdisciplinary techniques, combining firmware, hardware, systems thinking, and business operations expertise to develop their solutions.

Photo Captions: Celebrating Innovation and Excellence!

Thursday, November 28, 2024

Masters Of Marriott Bonvoy And Culinary Culture Present ‘The Power Play’ At The Ritz-Carlton Bengaluru


Get ready to experience unforgettable flavors with ‘The Power Play,’ an exclusive dining event that brings together India’s leading female chefs to create a one-of-a-kind five-course feast. Hosted by Masters of Marriott Bonvoy and Culinary Culture, this unique experience will take place at The Ritz-Carlton, Bengaluru on 7th December. This exclusive event brings you the best of India’s culinary talent, blending flavors, textures, and creativity to tantalize your taste buds.

At the heart of this event are stunning signature dishes created by renowned chefs, each bringing their flair to the table. Chef Doma Wang will start you on a journey to the mountains with her soulful Tibetan cuisine, offering a veg or nonveg choice of Momos served with soup and her signature hot sauce. Next, Chef Mythrayie Iyer will immerse you in an innovative India’s delight, with Lycopene imagined with scallops or pumpkin, based on your preference. For the third course, Chef Vanshika Bhatia fires up the European grills, with grilled butter tiger prawns or king mushrooms. Adding a layer of exclusivity, also cooking for the Bengaluru dinner is Chef Nooresha Kably who will showcase her signature Japanese Chicken Paitan or Spicy Miso Ramen. Ending the course on a sweet note is Chef Pooja Dhingra of Le 15, who will serve up Rose and Raspberry Tres leches that blend flavor with indulgence. You get a box of three decadent macaroons to take home. Hurry, with 70 limited seats available—reserve your spot now for an unforgettable culinary experience!

When: 7th December, Saturday, 7PM onwards

Where: The Ritz-Carlton, 99, Residency Rd, Shanthala Nagar, Ashok Nagar, Bengaluru, Karnataka 560025

Cost: Rs 8,500+ taxes

For reservations, please reach out to: +91 9035416155/ +91 6364878820, preethi.kittur@ritzcarlton.com

PhonePe’s Share.Market Introduces Sheets To Discount Broking For Simplifying The Trading Experience


~ Sheets will elevate the trading experience for users and enable them to make informed investment decisions ~

Share.Market, a PhonePe product, today announced the launch of Sheets, an industry-first in the discount broking landscape, which is designed to empower market participants and elevate their trading experience. Available on the web platform trade.share.market, Sheets helps traders by importing market data directly into a spreadsheet and creating their own trading models and strategies seamlessly. Share.Market has redefined the industry with the groundbreaking launch of Sheets, becoming the only discount broker in the country to offer this innovative feature. This cutting-edge tool empowers market participants with the infrastructure they need to harness their own intelligence and uncover actionable market insights.

Traders and investors, with limited or no programming background, manually manage and analyze hundreds of stocks to match specific strategies and criteria which is time-consuming and cumbersome. Sheets addresses this challenge and enables the trader community to build option strategies, create buy and sell signals and analyse trends effectively on a real-time basis.

Key features of Sheets:

*        Effortless Creation and Management of Watchlist: Sheets enable easy management and creation of stock watchlists. Traders can create custom watchlists tailored to their specific requirements. The feature allows importing of existing watchlists which will be automatically updated with real-time price and percentage changes. With this, traders can stay on top of their favourite stocks without the hassle of manual tracking.

*        Real-Time Option Chain Data: The feature enables traders to track market movements on the go without missing out on critical information. Traders will have access to real-time option chain data which will enable them to create complex option strategies like iron condor, straddles among others. Users can utilize sheets to create custom entry and exit signals using the real time option chain data which updates every second.

*        Strategy Building Made Simple: To further empower traders, Sheets will allow traders to use price arrays to construct and test strategies seamlessly. For example, by combining historical data and short- and long-term moving averages with live data subscriptions, traders can build crossover signals in a dynamic price array. This will enable them to make informed investment decisions.

Talking about the launch of Sheets, Ujjwal Jain, CEO, Share.Market said, “Share.Market constantly strives to elevate the broking experience for market participants and empower them with intelligent infrastructure to make informed decisions. Sheets is a one-of-a-kind tool in the discount broking ecosystem, that will automate the process of keeping track of multiple stocks without the need for human intervention. This will allow traders to quickly make investment strategies and reduce the risk of errors. These tools enable the precise identification of market signals, trends, and momentum shifts. With these powerful new features, Share.Market is helping traders and investors optimize their strategies, allowing them to focus on what truly matters—making smart, informed market decisions.” 

In the upcoming quarters, Sheets will introduce advanced features to enhance its capabilities for both -  emerging and experienced traders. These would include Custom Strategy Builder allowing traders to predict profit and loss, determine breakeven points and view live charts. Traders will also gain access to pre-built strategies, such as condors, spreads, ladders, amongst others, which can be easily integrated into their  existing templates and plan their investment moves.

Share.Market has achieved remarkable growth over the past year with a lifetime customer base of 2.5 million and over 2 million monthly active mutual fund SIP transactions. By August 2024, it crossed 2 Lakh active investors, positioning itself as the 21st largest broking platform in India.

To encourage new investors to start their investment journey as well as attract experienced investors to trade with Share.Market, the platform is extending its offer of Zero brokerage till 31st March, 2025.

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 8 years, the company has scaled rapidly to become India’s leading consumer payments app with 575+ million registered users and a digital payments acceptance network of 40+ million merchants. PhonePe also processes over 300+ million daily transactions with an annualized Total Payment Value (TPV) of USD 1.8+ 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

Nispand Triumphs In Startup India's Prestigious Innovation Challenge Supported By The Ministry Of AYUSH


Nispand, the revolutionary Wellness SuperApp rooted in the 105-year legacy of The Yoga Institute, proudly announces its victory in the esteemed Startup India Innovation Challenge, supported by the Ministry of AYUSH. This monumental achievement solidifies Nispand's position as a leader in holistic wellness technology and underscores its commitment to enhancing the mental, physical, and emotional well-being of individuals worldwide.

A Landmark Achievement in Holistic Wellness

Competing against some of the most innovative startups in the country, Nispand stood out for its unique integration of ancient yogic wisdom with cutting-edge technology. The Startup India Innovation Challenge recognizes ventures that demonstrate exceptional innovation, scalability, and potential for significant societal impact. Nispand's success in this challenge highlights its dedication to addressing the pressing health challenges of today's fast-paced world through a comprehensive digital platform.

Endorsed by the Ministry of AYUSH

The endorsement from the Ministry of AYUSH (Ayurveda, Yoga & Naturopathy, Unani, Siddha, and Homoeopathy) amplifies the significance of this accolade. The ministry's support emphasizes the importance of integrating traditional wellness practices with modern technological advancements—a core philosophy that Nispand embodies. This collaboration aligns with the government's vision to promote holistic health and wellness across the nation.

Revolutionizing Wellness Through Innovation

Nispand offers an unparalleled wellness experience by providing:

Over 1000 Guided Meditations for stress relief, sleep enhancement, and mental clarity.

500+ Yoga Asana Videos suitable for all levels, promoting physical health and flexibility.

Daily Live Yoga Sessions led by certified instructors, fostering community and engagement.

Personalized Diet Consultations and wellness plans tailored to individual needs.

Mood Check-ins and Journaling Tools for tracking emotional well-being.

Leadership Perspective

"We are incredibly honored to be recognized by Startup India and supported by the Ministry of AYUSH," said Hrishi J Yogendra, Founder of Nispand and Ass. Director of The Yoga Institute. "This achievement reaffirms our mission to make holistic wellness accessible to everyone. By blending time-honored yogic practices with modern technology, we aim to empower individuals to lead healthier, more balanced lives."

Looking Ahead

This prestigious recognition propels Nispand into a new phase of growth and innovation. The company plans to expand its offerings, integrate more personalized features, and extend its reach to underserved communities. By collaborating with governmental bodies and leveraging this momentum, Nispand is set to make holistic wellness a tangible reality for millions.

About Nispand

Nispand is a pioneering Wellness SuperApp that seamlessly integrates mental, physical, and emotional health into one comprehensive platform. Backed by The Yoga Institute's century-old legacy, Nispand combines ancient wisdom with modern scientific research to offer users an unparalleled wellness journey. Designed to meet the diverse needs of today's society, Nispand is the ultimate tool for achieving lasting, holistic well-being.

Experience Nispand Today

Join the wellness revolution and discover the transformative power of holistic health.

Download Nispand on iOS: [https://apps.apple.com/in/app/nispand]

Download Nispand on Android: [https://play.google.com/store/apps/details?id=com.nispand.com]

About Startup India

Startup India is a flagship initiative of the Government of India, intended to build a robust ecosystem that nurtures innovation and startups, driving sustainable economic growth and generating large-scale employment opportunities. The initiative aims to empower startups to grow through innovation and design.

About the Ministry of AYUSH

The Ministry of AYUSH focuses on developing education, research, and propagation of indigenous alternative medicine systems in India, including Ayurveda, Yoga & Naturopathy, Unani, Siddha, and Homoeopathy. The ministry's mission is to enhance the well-being of the population by promoting holistic health practices.

Experience Pushpa 2 With Goldmedal’s Exclusive Themed Packaging


Following the release of the Pushpa 2 trailer, Goldmedal Electricals, one of India's leading Fast Moving Electrical Goods (FMEG) companies, proudly announces the launch of exclusive Pushpa-branded packaging for its range of electrical products.

The unique Pushpa-branded packaging is a standout feature of Goldmedal’s partnership with the Pushpa franchise. Inspired by the dynamic aesthetics and bold imagery of Pushpa 2, the packaging reflects the film’s spirit and energy, and is designed to captivate consumers and elevate the brand's market presence.

Features of the Pushpa-Branded Packaging:

*        Dynamic Design: The packaging showcases vibrant colours and striking graphics that mirror the intensity and emotion of Pushpa 2, making it instantly recognizable and appealing to consumers

*        Film-Inspired Imagery: Incorporating elements from the film, such as iconic scenes and characters, the packaging brings a piece of the Pushpa 2 experience into the consumers' hands

*        Enhanced Visual Appeal: The bold and engaging designs aim to stand out on retail shelves, attracting attention and drawing consumers towards Goldmedal's electrical products

*        Thematic Consistency: The product packaging is crafted to maintain a cohesive look and feel that aligns with the overall theme of Pushpa 2, ensuring brand consistency across all items

“We are extremely excited to celebrate our association with one of the most anticipated films of the year, Pushpa 2,” said Mr. Kishan Jain, Director, Goldmedal Electricals. "This partnership not only showcases our commitment to aligning with compelling stories but also highlights our innovative approach to engaging with our audience. Our Pushpa 2-branded packaging for our products is a testament to this, providing a unique and immersive experience for our customers."

The Pushpa 2 branded products will include:

*        Modular Products: Featuring sleek designs and superior functionality, these products will now come in exclusive Pushpa 2-themed packaging that blends aesthetics with practicality

*        Fans: High-performance fans that deliver both style and comfort, wrapped in packaging that echoes the thrilling and adventurous spirit of Pushpa 2

*        LEDs: Energy-efficient and long-lasting LED lights that brighten up homes, now available in packaging that reflects the vibrant essence of the film

Through this collaboration, Goldmedal aims to enhance its brand visibility and connect with a wider audience, reinforcing its position as a leader in the electrical goods industry. The Pushpa 2-branded packaging will be available for a limited time, providing consumers with a unique and engaging way to experience Goldmedal's high-quality products.

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