Archive: October 22, 2022

Reasons to start your investment journey with Muhurat trading

Mr. Prabhakar Tiwari, CGO, Angel One Ltd

With Diwali around the corner, people across the country are preparing for celebrations. Like Diwali isn’t complete without lights and sweets, for traders and investors, celebrating Diwali is incomplete without participating in Muhurat Trading. It is one-hour symbolic trading observed every year on Diwali evening before or during the puja hours.

In Hinduism, Muhurat means an auspicious time of the day as per the alignment of the stars and planets. Unique to India, the tradition includes investors and traders participating in the stock market as ‘shagun’ (good omen) to seek the blessings of the Goddess of Wealth – Goddess Laxmi.

It is believed that if you initiate something during the muhurat, the auspicious period, it will be rewarding. Taking place in India for more than 50 years, Muhurat Trading is also built on the same belief. Around this time, Dalal Street investors and traders also encourage people to join the stock market and recommend doing so by making their initial investments during the Muhurat Trading hour. If you are someone who has been planning to invest in the stock market, Muhurat Trading time is the best to make that first purchase of shares on Diwali.

There is no better reason than an auspicious occasion to start your investment journey, but here are some other reasons why you must start investing this Diwali:

● Wealth Creation

Investing in stocks or any other assets means growing your wealth to achieve personal goals. Investment tools like stocks, bonds, and mutual funds help you grow your wealth over the long term. Even though the stock market can be volatile, stocks have a lot of growth potential and have historically delivered healthy returns. Investors reap positive returns if they continue investing over a long period of time.

● Saving for Retirement

Another reason to start investing is to build a source of income for retirement. You can’t be working throughout your life. You can build a retirement portfolio which comprises different asset classes. One of them can be a stock investment. Once you are retired, you can live off the returns earned on the stocks you have invested in.

● Achieving Financial Goals

Starting investment at the right time also enables you to reach your financial goals. Investors earn better returns by investing their money in stocks instead of putting it in a savings account. You can invest based on your short-term goals like a vacation and long-term goals like purchasing a house or a car or starting your own business, or sending kids to college.

How to start investing during Muhurat Trading?

Investors and traders who are planning to start investing this Diwali will have to start by opening a Demat account, which they can do either on Diwali or before the festivities set in. A Demat account is mandatory to start investing in the stock market. A Demat account stores your shares electronically, enabling you to easily transact in them.

Plan your investments

Once you have opened the account, you need to decide the amount you want to invest as your first-time investment. It is best to invest in a phased manner as compared to lumpsum investing.

Select your assets

Demat account gives you a plethora of investment options. So you must do your research in advance and choose whether you want to invest in stocks, Futures & Options, mutual funds, etc.

Picking the stocks

If you are a new investor and picking the stock for your first investment, you can choose shares of large cap companies with strong financial background. Being new to the stock market, you have the liberty to choose a small number of shares for investment, but make sure they are part of your long-term plan.

Muhurat Trading in 2022

Muhurat Trading will take place on 24th October from 6:15 PM to 7:15 PM for trading in equity, equity and derivative segment on NSE and BSE. The pre-open session timings are 6:00 PM to 6:08 PM. Trade modification in the call auction will end at 7:45 PM this year.

To start your investment journey in the stock market, you can simply place an order during the muhurat hour.

Conclusion

Buying shares on Muhurat Trading and starting your investment journey during an auspicious time is not something you can always do. The opportunity comes once a year, and people considering starting an investment must leverage it. However, new or seasoned investors must keep their emotions aside while investing in the stock market during Muhurat Trading and otherwise. Keep fear and greed both aside while investing.

iQOO Announces #iQOOGameOfFones Contest – Massive Giveaway of iQOO Smartphones & Accessories During theT20 Cricket World Cup

New Delhi, October 22, 2022: iQOO – the performance-oriented smartphone brand of Vivo India, has announced an engaging social media contest for its cricket enthusiast audience. #iQOOGameOfFones is a giveaway contest starting on October 23, 2022. The participants will have a chance to win iQOO smartphones and iQOO accessories by answering simple questions and performing fun tasks on iQOO’s Twitter handle. The 6-hour-long contest will give the participants a chance to win exciting prizes worth ₹5,00,000.

Commenting on the contest, Nipun Marya, Chief Executive Officer, iQOO, said, “Cricket is undoubtedly the most popular sport in India, uniting millions of people from all walks of life. With the T20 World Cup 2022 is starting soon and we are as excited as our young audience! Hence, adding to the enthusiasm, we are glad to announce our #iQOOGameOfFones giveaway contest to offer a chance to win and experience the monster performance of iQOO smartphones for our cricket fans. We wish to leverage this opportunity to forge deeper bonds with our consumers across India.”

The contest will begin on October 23rd, 2022 and will run from 12 PM to 6 PM for all the Team India matches against the competing teams going forward. The iQOO followers have to reply/retweet/share/tag their friends and follow the iQOO India social media handles to be eligible for participation. Winners will get a chance to win power-packed 5G devices such as iQOO 9T, iQOO Neo 6, and the latest addition in the brand’s

Wardwizard Innovations & Mobility Ltd Records Highest Ever Half-Yearly Growth in FY’23

Mumbai, October 22, 2022:Wardwizard Innovations and Mobility Ltd (BSE Code: 538970), one of the leading manufacturers of electric two-wheeler ‘Joy e-bike’, clocked the highest-ever numbers in this quarter, achieving revenue of Rs.63.97 crores in Q2FY’23 as compared to Rs. 33.51 crores in Q2FY’22, registering the growth of 90%. With the demand for electric mobility observing constant strong growth in the country, the financial results for the second quarter (July- September 2022) of FY’23 reflect the same.

Commenting on the performance of Q2 FY’22, Mr. Yatin Gupte – Chairman & Managing Director, of Wardwizard Innovations and Mobility Ltd. said, “The landscape of the automobile industry in India is changing steadily and shifting towards the adoption of electric mobility. This shift is being noticed not only in urban areas but in semi-urban cities as well. A significant factor driving this shift towards e-mobility is high fuel prices. With our robust product portfolio and strong presence, we are leading this change from the forefront and the strong performance bears testimony to the trust of our buyers. At the onset of this festival season with healthy demand in the market, we have achieved the highest-ever revenue in this quarter as well as in the half year of FY’23. Solidifying our presence, we have expanded our footprints in the national as well as global markets. Seeing the current market momentum and the growing demand for electric vehicles, particularly electric two-wheelers, we are confident of achieving new milestones.”

The company has further achieved the highest-ever revenue in the Half-yearly of FY’23. With the steady market expansion across the markets, the company earned a revenue of Rs. Rs.118.69 crores in Half Year FY’23 as compared to Rs. 45.05 crores during the same period of last year, marking a strong growth of 164%.

The company further sold 8,448 units of electric two-wheelers in Q2FY’23, reporting Profit After Tax (PAT) of Rs. 2.5 crores in Q2FY’23 vs Rs. 1.61 crores in Q2FY’22.

Backed by the demand for its popular electric two-wheelers, the company sold 16,715 units in H1 FY’23, observing a growth of 127%. In the H1, the PAT registered at Rs. 4.56 crore vs Rs. 2.33 crore in Half Year FY’22.

Motilal Oswal Invests ₹ 260 Crores in Urbanrise – Alliance Group

India, 22 October 2022:Motilal Oswal, one of India’s largest financial institutions, has funded a sum of ₹260 Cr. in Urbanrise – Alliance Group, South India’s largest Real Estate developer for the company’s upcoming three major projects in Bangalore and Hyderabad.

The funds were raised towards three upcoming projects – 30 acres villa project on Kanakapura Road, Bangalore, the 7 acres high-rise apartment project in Whitefield, Bangalore, and the 17.5 acres of high-rise apartment project in Nizampet, Hyderabad. The total saleable area in these three projects would extend to 6.2 million sq. ft. and would generate a revenue of Rs.4,600 cr.

The fact that one of India’s largest financial institutions like Motilal Oswal, funding the projects of Urbanrise/Alliance, is testimony to the financial discipline and stability that the Organization has always displayed.

Commenting on the funding by Motilal Oswal, Mr. Manoj Namburu, Chairman and Managing Director of Urbanrise and Alliance Group, said, “We are pleased to announce that Motilal Oswal has funded three of our projects in one tranche, thereby marking a new beginning in our relationship. This has been possible due to our track record of promptly repaying every single of our loans taken over the last 18 years and even prepaying loans ahead of the loan tenure. Financial Discipline has always been the DNA of our company, through which we have managed to mark many benchmarks in the industry. Case in point during the middle of Covid lockdown we have prepaid a loan of Rs. 140 Cr. funded by ADIA & Kotak Realty, a good 24 months ahead of that loan tenure”.

The increasing trust that homebuyers place in our brand amongst the cities of Bangalore, Chennai, and Hyderabad has helped the organization to arrive at a pole position in South India, added Mr. Namburu.

“We have partnered with Alliance Group – a leading developer based in South India having operations in Chennai, Hyderabad, and Bangalore – for a total commitment of INR 260 Crore. We continue to remain bullish on the mid-income housing segment in India. We hope that this investment forms a foundation of a long-standing partnership with Alliance Group.” said Sharad Mittal – Executive Director & CEO | Real Estate Funds, MOTILAL OSWALAlternates.

Anand Gandhi the maker of Tumbbad and Ship of Theseus, teases AI-generated storyboard for sci-fi film Emergence

Mumbai 22nd October 2022: Anand Gandhi, the maker of Tumbbad and Ship of Theseus, Anand Gandhi, is known for pushing the boundaries of ideas and possibilities in whatever medium he touches, be it cinema, games, or tech.

He once again took to Instagram to share something cutting-edge – images from a film storyboard that he created purely using AI technology.

These gorgeous images are from a hard science-fiction film that he announced in 2019 called Emergence. Since 2015, Anand has been speculating about a pandemic that brings the world to a halt. Ironically, the film was delayed because of the Covid-19 pandemic.

In the post, Anand shared, “My exposure to text-to-image AI happened when I visited MIT Media Lab a decade ago. Computer vision is going to inform our futures in ways I can only vaguely speculate, limited by the ceiling of my imagination.”

His audiences and industry peers couldn’t contain their excitement at these images. Actor Vijay Verma commented, “This looks extraordinary, Anand. I hope and wish you make this ⚡⚡” Many other users also begged, “Please make this happen!”

Whether Anand Gandhi actually intends to make this now is anybody’s guess. Regardless, we can’t wait to see what he comes up with next!

Honda Motorcycle & Scooter India is now the Number One Choice of 80 Lac families in Maharashtra

Mumbai, October 22, 2022: Winning the love & trust of its customers rapidly over the years in India’s commercial state of Maharashtra, Honda Motorcycle & Scooter India today announced that its cumulative two-wheeler sales in the state have crossed the momentous 80 lac units’ mark this month.

Honda’s journey in achieving 80 lac happy two-wheeler customers in Maharashtra

In 2001, Honda Motorcycle & Scooter India started its two-wheeler journey with the legendary Activa scooter. Gaining popularity with a rapidly growing customer base in the state by 2016, Honda had surpassed the landmark 40 lac customers.

Further, as two-wheelers continued to drive India’s growth story, trust in Honda’s reliable products also grew manifolds. Therefore, delighting its valued customers with Honda’s diverse portfolio of scooters & motorcycles across segments, HMSI has now successfully doubled its customers to 80 lacs in Maharashtra by adding the recent 40-lac customers in the last six years.

Noteworthy, with Activa 6G leading the scooter demand in Maharashtra, HMSI now gives the joy of riding to over 80 Lac two-wheeler customers in the state.

Thanking customers for this landmark feat, Mr. Atsushi Ogata – Managing Director, President & CEO, Honda Motorcycle & Scooter India said, “We are truly elated to reach this milestone in the state of Maharashtra which has been a strategic center for Honda when it comes to two-wheeler demand in West region. With versatile demography, the state offers a diversified customer base. As more customers opt for two-wheelers suited to their individual needs, it gives us an opportunity to serve them better with our differentiated offerings across various segments. I would like to thank all our customers for their continued trust in Honda.”

Honda celebrates the love of customers in Maharashtra

With the increasing demand for 2Wheelers, Honda Activa emerged as the most preferred two-wheeler model. Marking a strong presence across the state are Honda’s 670+ touchpoints (including dealerships, authorized service centers, and best deal outlets) which offer a top-notch service experience as well as a world-class two-wheeler line-up of scooters & motorcycles for customers to choose from.

HMSI continues to delight customers in Maharashtra with its dynamic range of scooters comprising 4 models namely Activa 6G, Activa 125, Dio & Grazia 125. Parallelly, in the motorcycle category the company offers 8 exciting models across 110cc (CD 110 Dream & Livo), 125cc (SP125 & Shine), 160cc (X-Blade & Unicorn) and 180-200cc (Hornet 2.0 & CB200X) segments along with other special edition models.

Honda’s premium motorcycle retail format is led by the BigWing Topline in top metros and BigWing in other demand centers. While the marquee Honda BigWing Topline houses Honda’s complete premium motorcycle range starting from the newly launched CB300F, CB300R, H’ness-CB350, and its Anniversary Edition, CB350RS, CB500X, CBR650R, CB650R, CBR1000RR-R Fireblade, CBR1000RR-R Fireblade SP, adventure tourer Africa Twin Adventure Sports and flagship model Gold Wing Tour, the BigWing delights mid-size motorcycle fans of Honda.

Honda CSR & Road safety efforts in Maharashtra

Honda strives to be a company that society wants to exist. Moving forward with this vision, the company has provided road safety awareness to more than 3 lac citizens through its Traffic Training Park in Thane and regular training at schools, colleges & corporates in the state. In over two decades, HMSI is continuously making a difference in the lives of people across India through sustainable development, road safety, and CSR.

Customer Journey for booking their favorite Honda two-wheeler

Customers can also visit Honda’s official website (www.honda2wheelersindia.com) and swiftly start their journey with their favorite wings by clicking simply on the ‘Book Now tab, which redirects them to the online buying/booking channel.

Luminous Power Technologies wishes ‘Sada Roshan Raho’ through its campaign this Diwali

New Delhi, October 22, 2022: Luminous Power Technologies, an innovation leader and energy solutions provider in India, has rolled out its Diwali campaign, “Sada Roshan Raho”, featuring cricket legend Sachin Tendulkar. The campaign is aligned with the company’s brand identity of “Roshan” – illuminating people’s lives, by spreading joy and positivity.

The film beautifully captures the spirit of India’s festival of lights, Diwali, and links its festive sparkle with social well-being. Light becomes the metaphor for happiness, auspiciousness, and progress thereby symbolizing everything that is good in life and Luminous becomes the enabler of this light and its many blessings in this festive season. The campaign tagline, ‘Sada Roshan Raho’ extends as a blessing to all, with the promise of a life full of radiance and subtly introduces Luminous as the brand that enables this illumination.

Introducing the campaign, Ruchika Gupta, Chief Marketing Officer at Luminous Power Technologies said, “Luminous has been lighting up lives and spreading joy across India for over three decades. As human beings, we always move from darkness to light and no festival brings this to the fore as much as Diwali does – where darkness is the harbinger of evil and illumination is representative of purity and godliness and is therefore celebrated. After a couple of dark years, this Diwali India comes together to celebrate its most loved festival with renewed vigor, and with its call of ‘Sada Roshan Raho’, Luminous will once again be with every Indian, wishing them and making its presence felt both in spirit and in reality.”

Additionally, Luminous brand ambassador Sachin Tendulkar lights up the campaign with his presence, he added,” I am glad to be a part of this campaign with Luminous. ‘Sada Roshan Raho’ is reflective of the festive spirit and joy of people throughout India during Diwali.

Conceptualized by AutumnGrey, the ‘Sada Roshan Raho’ campaign aims to capture the heart of such incredible moments. Swati Balani, Executive Creative Director, AutumnGrey says that” As a brand promise, ‘Sada Roshan Raho’, adds to the festivities of Diwali reminding people about the importance of light and uninterrupted power. Sachin brings home this thought powerfully with his words and showcases how ‘Sada Roshan Raho’ is not just a statement, but the truest form of blessing from Luminous.”

Bengaluru Turns Greener As Ed-tech Brand Organises Plantation Drive

Bangalore, 22nd October 2022: Byju’s, India’s leading educational technology company, launched a plantation drive in Bengaluru as part of its commitment to creating a better environment for future generations.

Backed by co-founder Divya Gokulnath, the initiative was flagged off at the Aadhar complex in Tatanagar, where BYJU’S volunteers set out to plant over 300 saplings in an effort to spread the message about the importance of protecting the environment.

Sharing their thoughts on the event, Marudwati J, Academic Success Lead – Student Experience said ” In this day and age, it is imperative that we all come together to spread awareness about the importance of protecting the environment. The idea behind this is to spread awareness about the importance of protecting our environment and I am glad that BYJU’S is taking this initiative to the next level.”

Manoj Lourduswamy, Senior Associate – Creatives also added, ” I believe that the more we do to protect our environment, the better it will be for future generations. I am happy that BYJU’S volunteers have taken this initiative and I hope they continue to drive similar campaigns.”

International Brand Equity will host the National Startup Day 2023 summit and awards on January 16th, 2023 in India.

International Brand Equity Magazine will host the first National Startup Day 2023 Summit and Awards on January 16, 2023, in New Delhi, India. The goal is to recognize and reward the efforts of Indian startups that have the potential to help Prime Minister Narendra Modi’s vision of making India an Atmanirbhar Bharat in the coming years.

Startups will benefit from the summit and awards not only because they will be recognized, but also because they will be able to get valuable financial support, partnerships, business support, and talented people to work for them. They will also act as an inspiration to the youth of India to start up something on their own.

At the summit, people will talk about how to reach out to people on the ground and encourage entrepreneurs to start projects that will create jobs and have a positive effect on the economy. They will also talk about how to help the startup community and get more subsidies, tax breaks, and easy bank loans to help people build businesses in India that will last.

The Summit will talk about the huge chances for innovation and entrepreneurship that India’s youth and economy have, and how to boost the morale of the whole start-up ecosystem in the country. We will provide a wonderful opportunity to connect the decision-makers of start-ups with some of the most creative, innovative, and ground-breaking businesses in the nation.

SBI General launches a heart-warming digital film #JoBhiHoHumDekhLenge to underline the importance of health insurance this Diwali

Mumbai, 22, October 2022: On the occasion of Diwali, SBI General, one of India’s leading General Insurance companies, unveiled a digital film #JoBhiHoHumDekhLenge that focuses on the significance of health insurance. The digital film depicts how we often ignore our health while providing for our loved ones and aims to encourage people to invest in health insurance plans this Diwali in order to have a healthier tomorrow.

The poignant film highlights a father’s contribution to fulfilling each family member’s wishes by keeping his aspirations on the back burner. The video depicts an emotional connection when the father receives a surprise gift in form of a health insurance policy, serving as a reminder for him to put his health security first amidst the chaos of fulfilling the day-to-day living needs of the family. The film’s narrative encourages people to prioritize their financial security while handling monetary responsibilities.

SBI General aims to propagate the message of security and reliance through this campaign. In such scenarios, SBI General is proud to “protect the protectors” i.e., those who work hard to give their families the finest care possible without expecting anything in return. Diwali is the perfect opportunity to give them the gift of security through health insurance. It highlights the fact that the one who takes care of the whole family, the SBI General stands by them and reiterates #JoBhiHoHumDekhLenge.