Archive: May 4, 2022

Experience A Mesmerising Cocktail Garden; Romeo Lane Opens Its Doors In Defence Colony With Breathtaking Interiors And Delightful Food

A picturesque escapade filled with innovative food, culinary cocktails, immersive music and eye-catching interiors; Romeo Lane has now opened its doors in Defence Colony, New Delhi. A befitting spot to gaze at pretty sunsets amidst a tropical ambience and for memorable night outs, the multifaceted outlet is love at first sight- oozing romance as its name suggests.

Co-Founded in 2019 by Mr Saurabh Luthra, with an aim to deliver quality dining experiences, Romeo lane is also located in Civil Lines, New Delhi and Vagator, Goa alongside its brand new outlet in Defence Colony, New Delhi. The newest outlet adds charm to the heart of South Delhi. The foresighted Co-Founder is now expanding the franchise to Lucknow, Kanpur, Kolkata, Agra, Mohali, Gurgaon, Noida, Bhubaneswar and Meerut, taking the Romeo-Lane experience Pan India. Amidst the hustle-bustle of the city, the space exhibits a tropical aura and features admirable artwork and hand-painted glass doors that complement the furniture wonderfully: an ambience teleporting you to vacation.

A treat for your tastebuds, the multi-cuisine restaurant boasts a variety of dishes that are sure to satiate your cravings, including a variety of Pan-Asian delights such as sushi, dim-sums, crispy chicken baos to name a few. Mughlai delicacies include the all-time favourite butter chicken and mutton curry, chicken tikka, fish tikka, assorted Indian bread and more. Delicious Italian dishes such as pizzas and pasta as well as Lebanese delicacies find a spot within the extensive menu. Satiating one’s sugar cravings, decadent desserts include a chocolate fudge caramel brownie with ice cream, a gooey red velvet chocolate lava cake and much more.

The resto-bar offers spectacular mixology and organic cocktails specially curated and crafted to perfection. Offering patrons combinations never experienced before such as Bubbles In My Goblet- a twist on the traditional Gin and Tonic doused in elderflower tonic and Thai Ginger Cordial, Birds Of Paradise Nest- one for the herb lovers with rosemary-infused vodka, New York Sour- a rich and velvety whiskey heaven, Pink Bird- a sweet lover’s delight complete with a fruity base, strawberry and homemade vanilla syrup and whipped cream!

Radiating European charm and exuding soft and romantic french tones, the bar offers interesting cocktail curations that set one out on a sensory experience like never before. Step into a rendezvous with romance and experience the charm of Romeo Lane!

Big Savings on groceries this Summer on Super Value Days

Bengaluru, May 04, 2022: Amazon brings you Big Savings this Summer on your grocery essentials with ‘Super Value Days’ till 10th May. Enjoy up to 50% off on grocery, household essentials, packaged foods, personal care, and baby and pet care products among others. Grocery deals starting at ₹ 1 and free delivery for prime members. Customers can avail great prices and fresh offers from popular brands including Daawat, Fortune, Aashirvaad, Cadbury, and Nivea among others at convenient delivery options from a single online destination.

Customers can also save an additional 10% by using ICICI Bank, Kotak, and RBL Bank on Credit/Debit Cards and EMI till 10th May 2022.

Here are some of the offers by participating sellers: 

Supersaver Offers: 

Daawat Super Basmati, 5kg – Daawat rozana super is the finest basmati rice in the mid-price segment, as each grain is perfectly selected and perfectly aged. It is specially processed for daily cooking across a multitude of regular dishes and is a perfect fit for everyday consumption. Daawat Rozana promises a sweet taste and rich aroma of rice. Available on Amazon.in for INR 575 approximately.

Aashirvaad Spices Combo Pack (Chilli 200g, Turmeric 200g, Coriander 200g) – Bring alive the classic taste and color of traditional cooking with the Aashirvaad spices combo pack that contains kitchen essentials including chili, turmeric, and coriander powder. Available on Amazon.in INR 148 approximately.

Cadbury Oreo Original Chocolatey Sandwich (Vanilla Creme) Biscuit Family Pack, 300g – Splash into the classic taste of milk creme with the Original Oreo with the smooth Vanilla cookie. Oreo-a milk favorite biscuit is awaiting to tease your taste buds. Indulge in the taste of this amazing combination that is sure to wow you this summer season. Available on Amazon.in for INR 60 approximately.

Stock up on staples: 

Fortune Rice Bran Health Oil, Cooking Oil for Healthier Heart, 5l Jar – This summer season, take care of your heart with Fortune Rice Bran Health Oil and enjoy your summer treats like fries, samosas, and puri guilt-free. Along with Vitamin A/D/E, it is rich in natural antioxidants which boost immunity and give many other health benefits to every member of the family. Available on Amazon.in for INR 1,150 approximately.

Tata Tea Premium (1.5Kg) – Enjoy your summer evenings with Tata Tea Premium. The tea leaves understand the varying taste preferences of Indians and have been crafted using a unique blend that ‘chai’ lovers across the country enjoy. Available on Amazon.in for INR 528 approximately.

Household Essentials: 

Ariel Matic Liquid Detergent Top Load 2 Ltr + 500 MilliLitre Free – Let’s keep the stains away with every drop of Ariel Matic liquid detergent! As a liquid detergent, it dissolves easily in water, which means your clothes maintain brightness without any residue. It comes with Ariel’s superior technology, which is hard on stains and soft on colors – providing you with the perfect wash solution. It also has a refreshing fragrance that gives your clothes a long-lasting freshness. Get this on Amazon.in for INR 422 approximately.

Sani Fresh Ultrashine Toilet Cleaner -1.5X Extra Strong Extra Clean – 1 L – Flush for a stain-free clean toilet with Sanifresh ultra shine toilet cleaner that is ideal for both Indian and western toilets. It is 1.5 times better than ordinary cleaners in removing limescale deposits in the toilet bowl. This results in better shine and cleaning. Its advanced thicker formulation makes the toilet extraordinarily clean & sparkling and saves time and effort in cleaning. Available on Amazon.in for INR 1,44 approximately.

Dabur Meswak Toothpaste – Dabur Meswak is made from pure extract of the rare Miswak herb which grows slowly, resisting the brutal forces of nature amidst the dunes of Africa and South Asia. Even a small portion of this herb can provide complete oral care to you. Get this on Amazon.in for INR 152 approximately.

Take care of your personal grooming needs: 

NIVEA Body Lotion for Very Dry Skin, Nourishing Body Milk with Almond Oil & Vitamin E – Let your radiant skin be your style statement by using this lotion. It is easy to use, and the beneficial properties of its ingredients will bring a magical change to your skin. The lotion provides 48 hours of moisturization and natural care with soothing floral notes. Get this for INR 301 approximately.

DABUR Vatika Ayurvedic Shampoo (640ml) – This shampoo is filled with the Goodness of 10 Natural ingredients, which gives your hair up to 2 times higher damage protection. Dabur Vatika Ayurvedic Shampoo contains powerful Ayurvedic ingredients like Bhringraj which helps control hair fall, Yashtimadhu, and Yashtimadhu among others to strengthen your hair from its roots. Available on Amazon.in for INR 267.

Spartan Poker Presents India Poker Championship and India Online Poker Championship

Hyderabad,­­­­ 4th May 2022: Spartan Poker announced the dates for its leading poker championships. The India Poker Championship (IPC) is heading to Casino Vegas by Big Daddy, Nepal, and will be held from 17th – 22nd May 2022. The 13th edition of the Indian Online Poker Championship (IOPC) will be held from 2nd – 19th June 2022. Indian poker enthusiasts will get to experience the best of both felts this summer with a whopping combined Prize-Pool of 36.5 Crore GTD.

India Poker Championship, the five-day live event hosted in Casino Vegas by Big Daddy, Nepal, will include four high-octane tournaments with a combined prize pool of 3.5 Crore. The IPC May ’22 MegaStacks edition is also designed in a best-in-class live tournament structure with heavy buy-ins & deep stacks for a high-quality gaming experience.

The India Online Poker Championship, which follows immediately post IPC, would be the biggest ever online poker series in India with a massive prize pool of 33 Crore GTD! The 18-day-long virtual series will provide an online experience unlike any other gaming event in India.

Speaking on the launch, Mr. Amin Rozani, CEO of Spartan Poker Group said, “We are excited to host the India Poker Championship live this year and follow it up with our very successful India Online Poker Championship that will be hosted on the Spartan Poker platform, along with other streaming partners like AIO Games, Blitzpoker, PokerHigh, and PokerDaddy. We know how incredible the level of play in these competitions can be! We aim to offer an even better experience for players & fans, and even more opportunities for skilled players to raise their games and win huge prizes.” 

At Spartan Poker, we provide a seamless and a fair gaming experience to the Indian poker community, and we are driven to build Poker as a professional sport in India, along with all its inherent thrill, while also showcasing the country’s untapped poker talent. Added Mr. Rozani.

Mahindra Electric Partners with Terrago Logistics for Pollution-free Last Mile Delivery

India, May 4, 2022: Mahindra Electric Mobility Limited (MEML), the No.1* electric 3-wheeler company in India, has partnered with Terrago Logistics, a Delhi-based start-up. Terrago currently has a fleet of 65 Mahindra Treo Zor cargo vehicles deployed with online grocery major, Big Basket in 3 cities and leading logistics major, Porter. In the coming months, Mahindra Electric will supply additional EVs to Terrago for its zero-pollution fleet expansion.

The Mahindra Treo Zor 3-wheeler cargo was introduced in India in 2020 and features a wide range of applications depending on the body type. With a superlative power of 8 kW and high torque of 42 Nm, the Zor is built on the proven Treo platform and comes with highest-in-class payload of 550 kg. Till date, Mahindra has sold over 18,000 Treo 3-wheelers across the passenger and the cargo segment and has a 73.4% market share* in the electric 3-wheeler segment. The Treo is also exported to the UK and Nepal markets. With the Treo Zor, customers can save more than ₹ 5 Lakh** in fuel cost in 5 years, as compared to diesel cargo 3-wheelers.

Suman Mishra, CEO of Mahindra Electric Mobility Limited said, “Terrago has been one of the early adopters of our Mahindra Treo Zor electric 3-wheelers. The higher savings and zero tailpipe emission of the Treo Zor make it favourable for companies seeking efficient and sustainable modes of transportation for last mile delivery. We believe this partnership will not only accelerate our carbon neutral goals but also lay the foundation for others to adopt electric mobility.” 

Terrago Logistics, a phygital company, provides end-to-end logistics solutions in multi-modal transport, warehousing and last mile delivery through electric vehicles to the F&B, consumer goods, industrial goods, paper and packaging industries.

Mohan Ramaswamy, co-founder of Terrago Logistics commented, “We take pride in being one of the pioneers in India in adopting electric 3- wheelers for last mile cargo mobility with Mahindra Treo Zor, and ensure clean mobility for deliveries, thereby positively impacting the pulse of city logistics. Terrago’s association with Mahindra to accelerate electric vehicle penetration, helps fulfil our social responsibility towards the nation of reducing the carbon footprint in the country in our own small way.”

Announcing the Quantum F2100 Next-Gen NVMe Storage with the Speed and Capacity to Re-Invent Your Workflow

BANGALORE, India — May 04, 2022 — Quantum® Corporation (NASDAQ: QMCO), the leader in solutions for video and unstructured data, today announced the availability of the latest generation of its award-winning F-Series portfolio with the release of the Quantum F2100 NVMe storage appliance. The new system provides faster performance and more NVMe storage capacity than previous generations so media and entertainment organizations and corporate video teams can leverage the speed and parallel processing power of NVMe to speed up production workflows, rendering, and video and image processing. The F2100 ships with the latest Quantum block storage software, which introduces a unified user experience across F-Series NVMe storage and H-Series SSD/HDD storage, with many new features to give customers more flexible configuration options and better reporting and monitoring. The F2100 is fully integrated with Quantum Cloud-Based Analytics (CBA) software for proactive system monitoring, and Quantum customers can now access all of these customer applications using the MyQuantum service delivery platform that was recently announced.

“The Quantum F2100 builds on what we introduced a few years ago with our award-winning F-Series platform, now used in many of the world’s leading video production environments for high-speed video and image processing, rendering, and advanced AR/VR development,” says Brian Pawlowski, senior vice president and chief development officer for Quantum. “The F2100 ships with the latest Quantum block storage software, which is now common across F-Series and H-Series product lines. This means we can deliver features and fixes faster, and also represents a key step toward delivering a truly unified user experience across Quantum StorNext, F-Series, H-Series, and our CBA software.”

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This leap in performance and capacity – offering up to 50GB/s for multi-client reads, paired with the ability to offer up to 737TB of raw NVMe storage in a single system — will let Quantum’s customers re-architect their workflows in highly demanding media, special effects, life sciences and AI/ML applications. A single system can now easily meet what would have previously required many racks of spinning disk storage systems to achieve. Customers can also use the Quantum StorNext 7 file system pools feature to create drive volumes composed of the F2100 and spinning disk volumes to fine-tune their workflow storage for performance, capacity, and cost, all under a single StorNext 7 namespace.

The new Quantum F2100 NVMe storage appliance features include:

· Dual-controller architecture on 2U, 24 drive system driven by Quantum’s unified Block Storage platform 2.0

· Benchmarked multi-client read performance of up to 55GB/s and write performance of 20GB/s*

· Choice of drive sizes in 24 drive arrays including 15.36TB, 7.68TB, and 3.84 TB for a maximum raw storage capacity of 737.28TB in only 2U

· Pre-configured RAID 6 volumes for faster deployment

· Connectivity choice of 8 ports of 100Gb/s Ethernet or 16 ports of 32Gb Fibre Channel

· Integration with Quantum CBA software for proactive system monitoring

· And many more new features and enhancements

* Performance numbers as measured on pre-release Quantum F2100 systems using video fa4k uncompressed unconstrained stream benchmark runs with 6 simultaneous client writes

The Quantum F2100 NVMe storage appliance is available to order immediately from Quantum Value Added Resellers worldwide and will be showcased at the NAB Show in Las Vegas April 23-27 in booths N4109 and N4106. For more information, visit www.quantum.com.

One of India’s fastest growing Online Edtech takes over operations of Vidyamandir Classes Bangalore

Vidyamandir Classes (VMC), a pioneer institute in training students for JEE, NEET, and various other prestigious competitive exams, has recently announced that the online division of Vidyamandir Classes, Head Office will now be taking care of all academic needs related to JEE , NEET and other competitive exams.

The previous contract with Bangalore partner Sageminds is no longer valid and they are not authorised to take any admissions or conduct any classes on behalf of Vidyamandir Classes.

This means that the operations will be directly run through online coaching and parents are also requested to check the authenticity of the centre as no more offline coaching is available in Bengaluru. VMC corporate team has also asked the parents and students not to invest their efforts in unauthorised group claiming to represent Vidyamandir. This comes after, looking at the rapidly growing trend of the online classes, which VMC Online has been delivering expertly with since the inception of the pandemic.

“Online mode of teaching has been emerging as one of the best platforms for preparation of competitive exams lije JEE and NEET. Being a true replica of the legendary offline classes, VMC’s online coaching will also be a boon for JEE and NEET aspirants, pertaining to the fact that the couse coverage will be at par with the HO schedule, ensuring no loss of time and more importantly, equally effective as the offline mode. ONLINE classes are extremely effective and take place in a manner ensuring that every student gets individualized attention to reinforce the understanding of the topics & concepts. Moreover students have an option of studying in language of their comfort”. Said Mr. Abhishek S, Chief Business Officer, Vidyamandir Classes

Top features and amenities homebuyers are looking for in a property in the post-pandemic world

by  Mr. Harshvardhan Tibrewala, director of Roha Realty

The island city might have become the pandemic’s epicentre, but COVID 19 has managed to transform residential supply and consumer demand for upgraded features and world-class amenities for the better. The global outbreak that has completely transmuted the way we live and function and has forced homeowners to revaluate how they make use of their personal spaces. Residential spaces are no longer limited to being a place where-in we simply eat, shower, and sleep. As people sheltered themselves within the confines of home to evade the pandemic fears, homes have been altered into multi-purpose spaces that doubled up as workstations, schools, and gyms. Taking these massive lifestyle changes into consideration, home makeovers like major overhauls, cosmetic improvements, and enhancement of features have risen. Today as we have stepped into the new normal, the evolved and mindful consumers have new priorities that range from wellness, technology to socialization. Therefore, right from material choices, layouts, and facilities, the post-pandemic residential spaces will look different from their conventional counterparts. These modifications have encouraged developers to reassess the future of homes and in doing so they have been re-evaluating aesthetics and in-demand amenities that will appeal to modern-day home buyers.

Being into a prolonged home isolation phase, we have all fallen in love with our spaces even more and have started appreciating the amenities we never may have used until now. Buyers have understood that their residencies demand some remodelling with futuristic amenities.

Below mentioned are some manageable home upgradations that will entice buyers in the post-pandemic world: 

Wellness amenities have been grabbing limelight: Having spent lengthy intervals at home with no accessibility to rejuvenation indicates the need for more spaces at homes that occupants can use for relaxation, workout, and meditation. Buyers have realized the vitality of capitalizing in homes that offer community gardens, outdoor wellness gardens, vertical lattices, terrace gardens, water walls, decks, balconies, courtyards, or landscapes that will help in maintaining physical and emotional well-being. Spaces that comprise of massage rooms and yoga or dance studios that help refining user well-being may also surge in demand.

Homes supporting tech-forward lifestyles: The modern-day millennial buyers prefer capitalizing in tech-forward residences having automation that allows them to control lighting, window shades, and doors distantly from their smartphones. Technically advanced concepts like furnishing the entire homes with iPads will add to a unified living experience. Other revolutionary features that will appeal to young investors comprise of IoT-enabled residential spaces restraining human contact, spaces equipped with live streaming security cameras, sensors, energy-conserving technology and touch-free automated modules.

Leisure enhancements within spaces: With leisure amenities like restaurants, fitness centres, and theatres operating at limited capacity during the pandemic, homeowners started prioritizing upgrades that will help them to revel in entertaining activities at home. Developers have made note of this changed living patterns and are designing homes by setting apart dedicated spaces within bedrooms for home gyms and home workstations or are offering homes equipped with decks that includes both a spa and library.

Space has now become the chief amenity: With homes becoming the only space for performing all activities, residents have started dwelling on the advantages of having optimum space utilisation and extensive adaptable spaces that can house manifold areas. There is a possibility that homes would possibly grow in square footage, due to a new crop of buyers demanding additional space to unfold all features of their lives in their abodes. The work-from-home and remote education culture have also reformed the pattern for most buyers who are seeking distinct spaces to placate these contemporary requisites.

Consumer mind-sets have been quickly altering and this trend is quite noticeable in the housing segment. With homebuyers viewing property capitalizations very inversely, real estate developers are equipped with the most in-demand home features appealing to conscious buyers in the post pandemic world.

Conrad Bengaluru appoints Chef Prasad Metrani as The Director of Culinary

Chef Prasad comes from a diverse background in gastronomical science and kitchen management, with over 16 years of experience in the hospitality sector.

He has worked with some of the most prestigious Indian and international hospitality brands. He has spearheaded the food & beverage division during his last assignment to launch India’s first Raffles in Udaipur. Prasad has closely conceptualized F&B inspirations, exceptional menu ideations and has organised a bespoke service sequence.

Hence, his new role at Conrad Bengaluru would primarily focus on overseeing all culinary activities, which includes curating food and beverage concepts and coordinating all food service activities.

On his appointment, Chef Prasad said, “I’m looking forward to embark on a professional adventure with Conrad Bengaluru. Food for me is all about authentic flavours and emphasizing on the freshness of the ingredients. Re igniting the flavours of Conrad culinary with new and exciting twists and elevating the culinary journey in Indian hospitality.”

Dream11 and Tata Neu are the most noticed brands during this IPL season as per Axis My India May CSI Survey

Mumbai, 4th May 2022: Axis My India, a leading consumer data intelligence company, released its latest findings of the India Consumer Sentiment Index (CSI), a monthly analysis of consumer perception on a wide range of issues. The May report highlighted that news related to Elections, political parties, the Russia-Ukraine war; sports; entertainment and Covid related updates were the top five preferences of consumers. The survey also revealed findings within the advertising ecosystem. It discovered that majority of the respondents believe that advertisement claims on television and in the newspaper are farfetched. It also stated that ads shown by Dream11 and Tata Neu have captured the interest of consumers in this season’s IPL. At an overall level 22% of the respondents mentioned that they have watched IPL this year.

The May net CSI score, calculated by percentage increase minus percentage decrease in sentiment, was up to +12, from +11 last month and continuing the upwards trends noticed in the last 4 months.

The sentiment analysis delves into five relevant sub-indices – Overall household spending, spending on essential and non-essential items, spending on healthcare, media consumption habits & mobility trends.

This month, Axis My India’s Sentiment survey delved deeper to comprehend consumers’ views about advertisement claims on television and newspapers, most featured brands during IPL, preferred news content and interest in the Russia-Ukraine war- related news. The survey also gauged consumers’ outlook on quick gratification schemes offered and plans on New Year investments.

The survey was carried out via Computer-Aided Telephonic Interviews with a sample size of 10166 people across 30+ states and UTs. 69% belonged to Rural India, while 31% belonged to urban counterparts. In addition, 68% of the respondents were male, while 32% were female. In terms of regional spread, 26% each belonged to Northern and Eastern parts of India, while 31% and 17% belonged to Western and Southern parts of India. In terms of the two majority sample groups, 31% reflect the age group of 26YO to 35YO, while 30% reflect the age group of 36YO to 50YO.

Commenting on the CSI report, Pradeep Gupta, Chairman & MD, Axis My India, said, “The evolved and re-energised consumer community reflects optimism towards increasing expenditure in discretionary spends showcasing their affinity to ‘what they want rather than what they need’. This provides a ray light for brand and marketers to tap towards the shifting priorities of consumers. While brands are striving to capture the instant gratification instincts of consumers there is a need to understand context and content to capture the right eyeballs. On a holistic level, it is necessary to shake the long-drawn perception of consumers being a homogenous community as every individual has distinct aspirations, seeks different investment plans, and consume varied news. The news industry has grown in the last year or two with the Pandemic, the Russia -Ukraine war or the Sri-Lankan economy crisis but elections & political news remain the most watched content by viewers. Interestingly even with better opportunities abroad 64% Indians would prefer to stay in India and work towards a better living, something we all should be proud of!”

Key findings: 

· Overall household spending has increased for 66% of families which reflects a 4% increase from the last month. The net score which was at +53 last month has increased by +5 to +58 this month.

· Consumption of media has increased for 23% of the families reflecting an increase by 1% from last month. Consumption remains the same for a majority of 52% of families. The overall, net score which was at -1 in the last month is at -2 this month.

· Spending on essentials like personal care & household items has increased for 48% of the families and remains the same as compared to last month. Spends however remain the same for 33% of the families. The net score which was +29 last month has remained the same this month.

· Spends on non-essential & discretionary products like AC, Car, Refrigerator has increased for 14% of families reflecting an increase of 1% from last month. Spending nevertheless remains the same for 80% of the families reduced by -2. The net score has remained the same at +8 compared to previous month.

· Consumption of health-related items has increased for 38% of families. Consumption more or less remains the same for 47% of the families, while decreased consumption is witnessed among 15%. The health score which has a negative connotation i.e., the lesser the spends on health items the better the sentiments, has a net score value of -23 this month.

· 85% of families said that they are going out the same for short vacations, malls and restaurants. Increased travel is reflected only among 8% of families, an increase by +2 from last month. The overall mobility net score is at 1.

On topics of current national interest: 

· In an attempt to understand brand visibility and exposure during IPLs, the survey discovered that in the current season 9% of the total respondents have noticed ads by Dream 11 – Indian fantasy sports platform that allows users to play fantasy cricket and 6% have noticed ads by Tata Neu from Tata Digital. Among those who have watched IPL this season, Dream 11 is recalled by 41% & Tata Neu by 30%. At an overall level, 22% have watched IPL & 78% mentioned they have not watched IPL this season.

· Axis My India further evaluated consumers’ views on advertisement on television and on newspapers. The survey discovered that 54% reason that advertising claims made on these platforms are unbelievable. However, 22% believe otherwise.

· The survey further dug deeper to unravel viewer’s content behaviour. As per the survey a majority of 36% said that they prefer watching news related to elections and political parties while 22% is interested in news related to Russia-Ukraine War. In addition, two secondary preferences involve information related to sports (20%) and entertainment (16%). A majority of 52% further said that they have watched enough of Russia-Ukraine war related news.

· Demystifying consumers’ online behaviour, Axis My India’s survey found out that 35% indulged in online shopping in the last one year. In addition, the survey revealed that 19% views quick gratification schemes by Indian food and groceries apps (such as 10 minutes delivery Zomato, Big-basket / Licious / Dunzo–same day delivery) positively believing it to be ‘convenient and time effective’ but a sizable 77% have not tried it yet.

· Gauging consumer sentiment on financial investment plans The CSI – Survey revealed that 13% plans to invest in Health insurance / Life Insurance while 4% plans to invest in Fixed Deposits and Recurring Deposits. Furthermore 3% are considering investments in Shares/Mutual Funds while 2% plans to invest in Gold. 78% mentioned that they don’t invest or plan to do it this year.

· Finally, the CSI survey revealed that 33% would prefer to migrate in another country in search for better opportunity and lifestyle where as a sizable 64% would prefer to stay in India.

Server and Office segments made up roughly 57% of Microsoft’s Q3 2022 revenue

According to a moneytransfers.com analysis, Microsoft’s fiscal Q3 2022 was the company’s most successful since the pandemic. In that period, Microsoft surpassed previous revenue guidance again. That was primarily due to the increasing demand for server products and cloud services.

Moneytransfers.com’s analysis shows that Microsoft generated $49.3B in revenue and earned a net income of $16.7B in the quarter. The firm owes its performance to the Office and Microsoft Server segments, which contributed 57of the software giant’s Q3 2022 income.

This figure is a 4% increase from Q4 2021’s numbers. Additionally, a YOY analysis shows that cloud services and Azure, in particular, were the fastest-expanding subsegment registering a 46% jump in revenues.

Azure’s growing popularity

Microsoft’s Q3 2022 performance has injected steam into its growth strategy, mainly focusing on cloud-based products and services. According to its chairman and CEO, Satya Nadella, the firm’s Azure platform continues to draw the interest of industry leaders across different markets.

In Microsoft’s Q3 FY22 Earnings Conference call with Brett Iverson and Amy Hood, Satya says, “We are winning Tier 1 infrastructure workloads. Leaders in every industry – from Blackrock to Bridgestone, to Lufthansa – are all moving mission-critical workloads to Azure.”

He adds, “Overall, we are seeing larger, more strategic Azure commitments, from industry leaders, including Boeing, Kraft Heinz, US Bank, and Westpac, who all chose our cloud to accelerate their digital transformations.”

Microsoft’s adaptability

Overall, Microsoft’s performance demonstrates its ability to adapt to market conditions and develop new solutions for the changing business landscape. Part of that involves ramping up its investments in AI. It reports that its Azure Machine Learning platform has registered strong usage.

Microsoft is also showing its adaptability in the gaming market. Despite the segment only growing by 4% compared to Q3 FY21 results, it could dislodge Windows products. If Microsoft’s much-touted Activision Blizzard King acquisition materializes, the move will transform gaming into the company’s third-largest revenue earner.

Read the full story here: Server and Office segments made up roughly 57of Microsoft’s Q3 2022 revenue