Archive: September 13, 2022

Tiny Tots Celebrate Grandparents’ Day at TSWY

Walking along the modern ethics of the world, staying connected to the older generation of the family remains equally essential to excel in life. To mark the celebrations of grandparents’ day, students of The Shri ram Wonder Years enjoyed a three-day festival at the school, depicting numerous moments of happiness with grandparents. The celebration was headed by Ms. Shubhi Soni, Head of the school and all the teachers of the school who trained the students to perform well.

The kids of classes one and two (Nanhe Kadam-1 and Nanhe Kadam-2) presented several events, including an enthusiastic show dedicated to their grandparents where they sang songs and danced with enthusiasm. Grandparents also enjoyed the blindfolding game with the children. Children professed their love towards their grandparents through poems, speeches and songs, with the grandparents responding with teary eyes. All the elderly people who attended the celebration were mesmerised by the warm love and affection portrayed by the kids.

“Nobody can do for little children what grandparents do. Grandparents sort of sprinkle stardust over the lives of little children. We teach our students all the skills that help them face the world outside. But learning begins at home, and grandparents, with decades of experience, are the best guides who support us morally and emotionally. Through this celebration, we made a small effort to establish a heartful connection among children and their grandparents,” said Ms. Shubhi Soni, Head of the school, TSWY.

Tier 2+ cities lead the demand for premium smartphones with 40% growth from Jan-July 2022: Flipkart Insights

New Delhi : With smartphones becoming the mainstay of Indians looking to tap into work, learning and entertainment on the go, there has been a significant increase in the demand for premium smartphones that are 5G enabled, offer high processing power with wider display and high-quality camera in the first half of 2022. While metros were the first to pick on this demand, it is the tier 2 and beyond cities which are witnessing a notable growth over the last few years and this demand is expected to continue as we move closer to the festive season and Flipkart’s Big Billion Days.

According to insights from Flipkart, there has been more than 25% jump from January to July this year in the demand for premium smartphones on the platform and of that, there has been a 40% increase in the demand from Tier 2 and beyond alone with cities such as Guntur, Hisar, Moradabad, Shahjahanpur, etc., indicating strong preference for high performance premium smartphones. Also, the platform has seen a growth of more than 60% in the number of new launches (in the premium segment) across brands like Apple,Samsung, Google Pixel, OPPO, Nothing among many others.

This is an interesting trend as customers look to make new purchases of mobiles and other electronic essentials during the festive season and Flipkart during its annual festive event – The Big Billion Days which aims to bring the widest selection of premium smartphones for millions of consumers.

Commenting on the emerging trend, Kunal Gupta, Senior Director, Mobiles at Flipkart, said, “As one of the fastest growing markets for smartphones in the world, we are witnessing increasing traction for premium smartphones across the country with tier 2 and beyond cities taking a lead in the demand. This is an indication of the evolution of the smartphone market where owning premium smartphones have gone beyond the aspirational need for customers across geographies and have become an important part of their daily lives. As a customer focused organisation, we are proud to make available the widest selection of smartphones from across a wide range of brands along with industry first affordability constructs to make their purchase affordable and accessible.”

As per global research firm Counterpoint, India’s smartphone user base crossed the 600-million mark during April-June quarter with 5G smartphone shipment share reaching 29% of overall shipments in Q2 2022, which was the highest ever. The growth in upper and premium segments is primarily due to the availability of financing schemes aimed at increasing device affordability.

Flipkart offers several affordable payment constructs including No Cost EMI, Debit Card EMI, Flipkart Pay Later and Product Exchange or Prexo to enable an affordable purchase, which have been witnessing steady adoption. Particularly for premium smartphones, Product Exchange adoption has grown by over 50% during Jan -Jul’22 as compared to the same period last year, indicating a strong preference for purchase of premium smartphones through exchange constructs to make the purchase affordable.

To further enhance customer satisfaction, Flipkart has introduced various technological and delivery constructs such as viewing the product through augmented reality, 360-degree view to offer a detailed insight into the product and help in making a purchase decision. In addition to this, Flipkart assures a stress-free purchase with offerings like Open Box Delivery, Extended Warranty and Screen Damage Protection which offers a comprehensive smartphone protection plan that covers screen, liquid, software and hardware damages.

Church Art celebrates Azadi ka Amrit Mahotsav in collaboration with ICCR Kolkata

13 September 2022, Kolkata: Kolkata-based Church Art, a firm engaged in creative work of art projects that promote and preserve Indian art and culture, celebrated Azadi Ka Amrit Mahotsav and International Literacy Day in collaboration with Indian Centre for Cultural Relations (ICCR) Kolkata by organizing a dance and musical cultural program where outstanding achievers – professionals, artistes and social workers – were felicitated for their contribution to the nation.

Late Dr Sushovan Banerjee, Padma Shri, who was famous for his philanthropy, was felicitated posthumously. He was famous as `Ek Takar Doctor’ or `One Rupee Doctor’ for charging one rupee from his patients. He also entered the Guinness Book of World Records for attending the largest number of patients in his career spanning nearly six decades.

“For the past 25 years, Church Art has carried out projects which blend aesthetics, art, innovation, engineering skills, human values and moral appeal. Our aim is to preserve and promote Indian art and culture all over the world. We also advocate sustainable development and forge inter-faith harmony through various events, programs and projects. Azadi ka Amrit Mahotsav was a unique opportunity to felicitate outstanding achievers who have silently contributed to the society and human welfare,” said Mr Subrata Ganguly, founder and head of Church Art who has worked with prestigious organisations, schools, museums and government utilities. Church Art is a non-profit creative wing of Lokenath Engineering and Products based out of Kolkata.

Addressing the gathering, Ms Minakshi Mishra, Director, ICCR East, congratulated and lauded Church Art’s contribution and for collaborating with ICCR.

“I congratulate Church Art for the kind of social work they are doing and also for the under-privileged children, providing technical skills upgradation and support. It is a matter of great pride. Church Art is like a bridge between society and technology and they are also preserving our ancient enriched culture,” said Mr Yatish Kumar, Chairman and Managing Director, Braithwaite & Co Ltd, in a message.

“Church Art has a deep understanding of local and Indian culture which is well reflected in their various creative works and projects which combine aesthetics, culture, social messaging and also display engineering skills of a high standard. I wish them the very best in all their future endeavours,” said Mr A K  Dubey, Principal Chief Engineer (PCE) Sealdah Division, Eastern Railway, who was felicitated by Church Art.

Among those felicitated at the function were Head of ICCR East, Ms Minakshi Mishra, former ICCR regional head, Goutam De, Bishop P K George of Miao Diocese, Arunachal Pradesh, Fr N T Scaria, a veteran working with prisoners and prison reforms, Father C M Paul, Fr Franklin Menzes, Senior Railway officials Mr A K Dubey, Mr Yatish Kumar, Mr S P Singh, Mr V K Singh, Mr SS Priyadarshi, Dr Anjan Chattaraj and Dr Mandira Chattaraj, Mr Indrajit Basu, flautist, Mr Bhaskar Mukherjee, guitarist and cultural group Anandodhoni led by Mr Raja Bhattacharya and Ms Keya Biswas and performing arts group Nivedia Shakti led by Aastame Sharmishtha.

“We should all pay more attention to our neighbours and those in need and help them. Let us, on this 75th Anniversary of India’s Freedom, make a resolve to help India become great and prosperous. I congratulate Church Art for their good work and wish them the very best,” said Bishop P K George, Diocese of Miao, Arunachal Pradesh. Bishop George has been working in the remote areas of Arunachal Pradesh with tribals for the past six decades. He has created education and healthcare infrastructure in the North East.

Fr N T Scaria from West Midnapore, who was felicitated by Church Art, runs an initiative – Don Bosco Prison Ministry – to reform, release, rehabilitate and re-integrate prisoners. Nearly 50,000 prisoners and their families have directly or indirectly benefited from Fr Scaria’s efforts. Fr Scaria also started the only recognized motor driving training school in a prison.

Artistes, school children and musical exponents regaled the audience with their performance and renditions of flute and guitar.

ESDS’ Supremely Engineered Data Center Infrastructure Management Tool is Up with an Exclusive 30 Days Free Trial

Mumbai, Tuesday, 13th Sept 2022: ESDS Software Solution Limited, One of India’s leading and most preferred managed cloud service, data center, and end-to-end multi-cloud solution provider, has come up with a 30-day free trial on its unique cloud orchestration, IT monitoring and complete DC management tool eNlight 360°.

The Nashik-based IT company is committed to innovation and focuses on developing more professional and cost-effective cloud-based services and solutions. With the increased demand for cloud technology, ESDS specialists strive to enhance their products and services. Apart from designing cloud solutions, the Company is also known for its commitment to environmental sustainability.

eNlight 360˚ also provides additional features such as Remote Console Access where an admin can give console access to the device without sharing their password and showback & Chargeback feature that extracts resource utilization statistics in monetary terms to keep a track of the ROI. eNlight 360˚ also has a Cloud Advisor, that scans and recommends changes in the user’s resources and simultaneously evaluates resource utilization and recommend optimization possibilities. These unique features make eNlight 360 ̊a resourceful partner rather than just a product for the users.

Adani Group partners with Prisma AI to avail its Visual AI technology at Adani’s Sardar Vallabhbhai Patel International Airport in Ahmedabad

New Delhi, September 2022: Adani Group partners with Prisma AI, the leaders in providing computer vision technology to enhance customer experience at Adani’s Sardar Vallabhbhai Patel International Airport in Ahmedabad. Currently the service has been deployed at the SVPIA at the departure area of the domestic terminal (T1), covering departure areas and pre security areas. However, the technology named “Desk of Goodness system” is being implemented on all of the other six Adani Airports and will be available soon for usage.

The Adani Group, a multinational conglomerate forayed into the airport sector in 2019 and has grown exponentially in a very short period of time. It is now one of the most prestigious and the largest Indian airport platforms. This association opens doors for a world of possibilities in Artificial Intelligence that is being explored in India.

With Prisma AI’s Visual AI technology, all the airports belonging to the Adani Group will have cutting-edge Visual technology to deliver excellent airport experience catering to the growing customer base and footfall at the airport. The association strengthens the core values of the Adani Group – Creativity, Courage, Security & Safety. The partnership and the Visual AI technology provided by Prisma AI, will enhance customer experiential and give Adani Group an upper edge in the industry.

With Prisma AI technology, Adani Group has achieved adaption of Visual AI to provide humanitarian assistance to the customers at the Airports. “Desk of Goodness” strives to assist passengers such as older persons, women with infants, and those in need of a wheelchair and assistance. In addition, the technology recognizes incidents such as a fall or unusual passenger behavior. This desk is staffed by goodness champions who are equipped with smart tablets that keep them informed in real-time where travelers want assistance so that they can rush to them. This pro-active mode of real-time support process is achieved by utilizing Prisma AI’s patented Visual AI algorithms.

Prisma AI has successfully implemented Visual AI algorithm globally in various sectors to enhance security, safety and efficiency. This technology enables to set new benchmarks in operational intelligence and increase situational awareness, ultimately boosting safety, security, efficiency, and customer experience. It will create a support system along with a sense of trust for Adani amongst passengers. This will also ensure that the passengers get state-of-the-art airport experience.

AI LOGISTIX rebrands itself, promises ‘Green deliveries with Zero Carbon emission’

13th September, 2022AI LOGISTIX today announced that it looking at a rebranding exercise that highlights its vision, mission and motto. As a young company in its infancy, the company felt that our logo should reflect dynamism hence the colour red. Today, however, the company has established itself and would now like the focus to be – an Intelligent Logistics company engaged in Green Delivery. Hence while the name remains the same the logo colour is now green.

When the company began its journey to “Deliver delight to the desolate rural,” they soon discovered that the more immediate need was to optimise the last-mile transportation cost with zero carbon emissions. As a result, they redirected the branding to reflect this and seek to establish a relationship of trust with consumers of their products and services to generate further loyalty and create awareness.

According to Abdul Khadeer, Founder and CEO, Wayne W. Dyer, the motivational coach said “Change the way you look at things and the things you look at change”. As a Founder & CEO when we started AI Logistix, the idea is to bring change in logistics through our intelligent systems and thoughts we discuss in our meetings. One such meeting was with my Co-Founder Mamata Reddy was why not optimize the last mile delivery. When we used to see Zomato or Zepto or Big Basket riders working so hard to earn their livelihood through rent bikes and spending so much on Petrol, we felt like why can’t we become their partner in their growth by giving them a chance to work hard without any other worries and that’s how we have planned to become “your LAST sMILE delivery partner” with green Deliveries as it saves huge cost to the companies as well.  Zomato says red outside, Green Inside… we say ” we have changed ourselves from Red to Green”

As AI Logistix, a company that seeks to solve Day-to-Day Logistics & Supply Chain issues with Intelligent Systems & Processes to become the most preferred Logistics Service Partner by doing basics right. They are on a mission to cover the entire India without any ODA charges or Non Serviceable location charges with Green Deliveries. The new rebranding reflects this purpose. The logistics industry is transitioning from an old-school approach to a modern approach by integrating technology into its operations to increase cost-effectiveness and fulfil customers’ evolving service demands. The rebranding reflects the Intelligent method of eco-friendly deliveries and being “your LAST sMILE delivery partner.”

HDBFS celebrates World Physiotherapy Day with India’s truckers’ community

National, 13-09-2022: World Physiotherapy Day is annually observed on September 8 to raise awareness about the contribution physiotherapists make to society. To make this day more meaningful, HDB Financial Services (HDBFS) is organizing exclusive physiotherapy camps for the trucker community under its CSR initiative Transport Aarogyam Kendra (TAK).

Truck drivers often drive long-haul routes in confined spaces. Other factors like rough terrain, ergonomic dysfunctioning, vibrations during driving, urgency of deliveries, etc. add to their physical and emotional woes.

With an aim to focus on the truck driver’s health and wellbeing, HDBFS is conducting physiotherapy camps from 8th September to 12th September across the states of Karnataka, Haryana, Uttar Pradesh, Delhi, Rajasthan, Telangana, Maharashtra, Bihar, Odisha, Assam and Madhya Pradesh, in thirty cities. The locations have been strategically planned in and around transport hubs to benefit maximum number of truck drivers. The camps have been organized in collaboration with local medical practitioners, transporters and industry associations. Experienced therapists and state-of-the-art medical equipment are used at the camps to provide quality healthcare services to truck drivers.

Commenting on the camp organization, Ajay Thakur – National Head, Commercial Vehicle Business said, “Over time, truck drivers can develop serious muscular imbalances which leads to bone and nerve problems leading to various aches. With an objective to focus on their overall health, HDB Financial Services has set up physiotherapy camps as across India to reach out to more number of drivers and mitigate the health challenges they experience through expert counselling sessions.”

LIXIL’s SATO brand joins UNICEF to accelerate sanitation and hygiene access for 3.5 million people in India

New Delhi, 13 September 2022:  LIXIL, maker of pioneering water and housing products, and UNICEF, the world’s leading children’s organization, have announced the expansion of the ‘Make a Splash!’ partnership into India to build a viable sanitation and hygiene ecosystem serving 3.5 million people. SATO, part of LIXIL and a provider of affordable toilets and handwashing solutions, will spearhead efforts to expand the availability, affordability, and quality of viable sanitation goods and services and will jointly work with UNICEF to mobilize communities and build sanitation markets in the states of Bihar and Odisha.  

This expansion builds on the success of the partnership’s first three years, which resulted in improved sanitation and hygiene for 2.9 million people in Ethiopia, Kenya, and Tanzania. In its fourth year of “Make a Splash!” the scope has now been expanded to cover India along with Indonesia and Nigeria, three of the world’s most populous countries.  

The partnership’s scope of activities over the course of the two-year program will primarily focus on:  

Hand Hygiene: Strengthening markets and services by addressing gaps and promoting innovative products, such as the recently-launched handwashing station, SATO Tap. 

Retrofitting Toilets: Informing, designing, and implementing programs that promote safely managed sanitation through the use of innovative toilet solutions and training sanitation workers/masons to provide skilled services for sustained management and use.

Through demand generated by UNICEF’S sanitation and hygiene activities, and through SATO’s supply of solutions that are designed based on user needs and preferences, the partnership will help ensure sanitation products are available at affordable prices for the people who need them. In addition, it will focus on supporting government policies and regulations and helping develop markets by enhancing local supply chains and training toilet installers.  

Mr. Amit Konlade, Leader, Global SCM & Operations, LIXIL, said, “In Odisha and Bihar, many rural families lack access to safe sanitation and hygiene. Through this partnership, we now have the opportunity to tackle this challenge by introducing SATO’s handwashing and toilet products, which offer reliable solutions for people with limited access to water. We are excited to join UNICEF in strengthening the market and accelerating access to affordable toilets and handwashing solutions for all.”

 Welcoming the partnership, Nicolas Osbert, Chief of WASH, UNICEF India, said, “In India, access to safe water, hygiene and sanitation is critical for promoting healthy lives, especially for vulnerable women and children. UNICEF is proud to partner with LIXIL in improving access to innovative and scalable sanitation and hygiene solutions to 3.5 million people across Bihar and Odisha with strategic advocacy for strengthening the enabling environment, capacity strengthening of critical stakeholders and awareness-raising interventions for safe sanitation and sustainable hand hygiene infrastructure and practices.” 

5 Smart Tax-saving Techniques for 2023

By CA. Amit Gupta, MD at, SAG Infotech

5 Smart Tax-saving Techniques for 2023Every year a taxpayer is needed to file their Income tax return (ITR). The Income tax return includes the information of your annual income along with the payable tax which you need to file. Under different sections of the Income Tax Act 1961, some tax rebates and exemptions are being provided by the Government of India.

The major purpose for the same would encourage people to invest in a bigger way. Distinct ways are there which you can follow for reducing the tax outgo some of them are:

Some of the Tax saving techniques are:

  1. Invest in tax-saving instruments

Under section 80C of the income tax act, the government of India permits some tax deductions upon the invested amount for some instruments. It mentioned that you can claim the tax deduction up to a maximum of Rs 1.5 lakh on the investments made in these instruments.

Below are some tax-saving methods for investment in 2023:

  • Public Provident Fund (PPF)
  • Employees’ Provident Fund (EPF)
  • Equity Linked Savings Scheme (ELSS)
  • National Pension System (NPS)
  • Sukanya Samriddhi Yojana (SSY)
  • Senior Citizen Savings Scheme (SCSS)
  • Fixed Deposits (FDs) of 5 years or more

You could not only save your tax by investing in the above-mentioned schemes but also you can build your long-term financial wealth.

  1. Choose the specific tax regime

In the present times, there are two tax regimes available for Indian citizens. During ITR filing you can choose either of them. But to have maximum tax savings it is important to select suitable tax regimes.

A new tax regime would propose a lower tax rate however it does not permit tax deductions. Hence if you are seeking tax deductions under section 80C of the income tax act then you must go for the old tax regime, and if not then you can choose the new tax regime to reduce your income tax.

If you are confused about the new and old tax regimes then you can take assistance from the online income tax calculator.

  1. Purchase health insurance for yourself and your loved ones

Buying health insurance policies for yourself including your family will also make you save the tax. Under section 80D of the income tax act, a taxpayer can avail of a deduction of up to Rs 25,000 for paying the health insurance premiums for themselves, their spouses, and dependent children.

Under the same section, a senior citizen as an assessee can claim a tax deduction up to Rs 50,000. If you would pay health insurance for your parents then you could save an additional amount of Rs 50,000.

  1. Claim tax benefits on home loan

If you take a home loan from any bank or non-banking financial institution then from your taxable income you are eligible to claim the deductions with respect to your loan’s interest and principal amount. This law permits maximum deductions of Rs 2 lakhs under section 24 with respect to the home loan interest and Rs 1.5 lakhs under section 80C of the income tax with respect to the home loan principal.

  1. ITR filing within specified timelines

Everyone needs to file the Income tax return before 31st July every year or the date specified by the income tax department. A penalty will be levied if you miss or fail to file the ITR within the specified timelines.

The same would assist you to file the ITR within the due date since it is important for additional objectives, like taking a housing loan, applying for immigration documents, conducting high-value transactions, and others.

Conclusion

To save the tax various people used to invest in tax saving schemes in panic at the end of the fiscal year. But the same will lead to the failure of the main objective of permitting such deductions to motivate people for investing in the future.

Hence the start of every calendar year or fiscal year will be the best time to make tax-saving investments. Indeed you are able to invest regularly in multiple tax-saving ways to secure the taxes and make wealth. You must learn about all the tax-saving investment options in the correct way and you should invest only in those types of instruments that are appropriate.

HDFC Life launches Click2Protect Super that offers Comprehensive Benefits

HDFC Life launches Click2Protect Super that offers Comprehensive BenefitsNew Delhi, September 13, 2021: HDFC Life, one of India’s leading life insurers have launched a term insurance plan Click2Protect Super, which enables customisation as per your protection needs and you only pay for the benefits/plan options that you have chosen.

Click2Protect Super is a non-linked, non-participating, individual, pure risk premium/ savings life insurance plan that provides you with multiple flexibilities such as changing life cover, extending the policy term, getting coverage for accidental death and terminal illness, etc. thereby giving you a true sense of freedom like never before.

The plan provides comprehensive ­financial protection to your family. You can choose a cover that fi­ts your needs from three plan options – Life, Life Plus & Life Goal 

Let us look at each of these options and the benefits they provide:

Life Option: This provides you with life cover for the coverage term chosen, thereby securing the future of your loved ones. This smart plan option comes with an inbuilt benefit of terminal illness cover and also allows you to increase the cover amount to ensure financial independence for your family in your absence.

The key benefits of this option include:

  • Option to choose increasing Death Benefit up to 200%
  • Waiver of Premium on a diagnosis of Critical Illness
  • Option to choose Additional Cover for Spouse
  • Return of Premium option
  • Option to get back the base premium paid at the time of policy cancellation through Smart Exit Option
  • Acceleration of Death benefit on diagnosis of terminal illness till the age of 80 years
  • Waiver of Premium on Total and Permanent Disability
  • Option to receive Death Benefit in Instalments

Life Plus: Along with life cover, this option enhances your cover against accidental death and terminal illness, thereby providing comprehensive protection for life.

The key benefits of this option include:

  • Additional sum assured payable in case of accidental death during the policy term
  • Waiver of Premium on a diagnosis of Critical Illness
  • Option to choose Additional Cover for Spouse
  • Return of Premium option
  • Option to get back base premium paid at the time of policy cancellation through Smart Exit Option
  • Provides Acceleration of Death benefi­t on the diagnosis of terminal illnesses, till age 80 years
  • Waiver of Premium on Total and Permanent Disability (through WOP Disability option)
  • Option to receive Death Benefi­t in Instalments

Life Goal: This option ensures optimum coverage by o­ffering the flexibility to vary your life cover for the desired term thereby safeguarding your loved ones from any liabilities and/or expenses

The key benefits of this option include:

  • Waiver of Premium on Total and Permanent Disability
  • Option to receive Death Benefi­t in Instalments

Speaking on the product launch, Srinivasan Parthasarathy – Chief Actuary, HDFC Life said, “Term insurance is a must-have for every individual. As a leading life insurer, we constantly endeavour to understand the ever-evolving needs of the Indian consumer. We aim to launch innovative products that offer a great amount of flexibility in the form of customisations. Such products are customer-centric, designed to meet their specific needs and also ensure that customers only pay for what they have purchased. Click2Protect Super can be customised as per the customer’s needs and this reflects in the premium as well. The three plan options of the product offer various benefits. We believe Click 2 Protect Super will be the new age financial safety net for customers who believe in living a life of pride.”