Tag: Chennai

Business World

Great Lakes Institute of Management to Host Economics Nobel Laureate on Their 11th Annual Virtual Finance Conference

Dec 14, 2020 by Neel Achary 0 Comments #2020 Nobel prize winner, #Chennai, #Great Lakes Institute of Management, #Nobel prize winner, #Professor Robert B. Wilson

Mumbai: As a part of their 11th Annual Finance Conference Great Lakes Institute of Management, Chennai will be hosting their virtual conference meet with 2020 Nobel prize winner, Professor Robert B. Wilson on 17th December 2020. The session will be commenced virtually on zoom link from 10.00am to 1.00pm on Thursday and will also be streamed live on the Great Lakes Institute of Management’s YouTube handle.

Professor Robert B. Wilson was jointly awarded the 2020 Nobel Memorial Prize in Economic Sciences, together with his Stanford colleague and former student Paul R. Milgrom for improvements to auction theory and inventions of new auction formats. The attendees will also see Mr. Rajat Kathuria, Director and Chief Executive, Indian Council for Research on International Economic Relations, New Delhi delivering the keynote address. With the changing economic status and standards in India the session will be highly informative and insightful to the attendees. The panel will also see other eminent academicians such as Professor Bala V. Balachandran (J L Kellogg Distinguished Professor (Emeritus in service) of Accounting & Information Management, Northwestern University, USA and Founder & Chairman at Great Lakes Institute of Management.

Dr. Suresh Ramanathan, Dean & Principal at Great Lakes Institute of Management, Chennai said, “Great Lakes has always tried to elevate the academic standards and exposure for our students with every initiative taken. The opportunity to interact with an eminent personality and a Nobel laureate like Professor Robert B. Wilson will pose as a chance for the young minds to explore their interests and learn from the best. We are confident that this will be one of the most exciting and enticing sessions in the history of our finance conferences.”

About Great Lakes: Great Lakes Institute of Management, Chennai founded in 2004 by Padma Shri Awardee Dr. Bala V Balachandran is one of the premier B-schools in India. Great Lakes has, within a short span of 15 years emerged as a top-ranked business school. Great Lakes has 50+ full time faculty and 150+ visiting faculty including over 25+ international faculty from top global schools like Yale, Kellogg, Stanford and Harvard. Further collaborations with world’s leading institutions like University of Houston, University of Bordeaux, Hongkong University of Science & Technology (HKUST), University of Missouri, Kansas, Illinois Institute of Technology, Chicago and Babson College etc., have helped Great Lakes in globally benchmarking its programs.

Great Lakes, Chennai, was accredited by Association of MBAs (AMBA), UK in 2014 and became the youngest B-school in India to receive this prestigious international accreditation. In 2015, Great Lakes, Chennai also received international SAQS accreditation and in 2017, its two year PGDM program was accredited by National Board of Accreditation (NBA). For the years 2018 -2019, Great Lakes was ranked No.1 in India by Analytics India for its Analytics program. Great Lakes, Chennai was ranked 5th by Outlook India among top private MBA institutions, 9th by Business India, 15th by Business Today and 18th by NIRF among top 10 Indian B-Schools. It was also placed in Super League 2 category by Business Standard in the year 2019.

Led by exceptional academic faculty, steered by an outstanding advisory council and buoyed by the international collaborations, Great Lakes has been constantly innovating to stay ahead of the needs of our businesses and community. It is the first B-school in India to offer full time specialization in Analytics and also first to introduce AI and Machine Learning specialization.

Great Lakes has a 30 acre LEED Platinum rated green campus in Chennai and a second campus in Delhi-NCR. In the year 2019, Great Lakes Gurgaon campus received the prestigious AMBA accreditation and was also ranked among the top 5 emerging business schools by the National HRD Network (NHRDN) for the year 2018-2019. Great Lakes Gurgaon was also ranked 13th by Business World for its one year program in the year 2019.

Great Lakes offers One Year full time MBA (PGPM) for experienced professionals, Two year MBA (PGDM), Part Time Executive MBA for senior managers, and Weekend Executive MBA Program. Great Lakes alumni currently numbering 8800+, work at world renowned organizations both in India and overseas across 30 countries.

Business World

SafeStorage® expands its footprints; launches operations in Chennai & Pune

Nov 30, 2020 by Neel Achary 0 Comments #CEO & Co-Founder, #Chennai, #Mr Ramesh Babu M, #pune, #SafeStorage®, #storage solution provider

Chennai/Pune: SafeStorage®, India’s leading storage solution provider in its efforts to expand its business recently launched operations in Chennai & Pune. The Chennai warehouse, located in Vaanagaram and the Pune warehouse, located in Wagholi are both 10000 square feet facility. The company has over 3.2 lakhs square feet space spread across 30+ warehouses.

SafeStorage® is a one-stop destination for all self-storage needs. If one is traveling, renovating the house, running out of space or looking for self-storage space on rental forhouseholds and automobiles, SafeStorage® is the place to go. The items are packed at the customer’s house, picked up from doorstep, stored in warehouse with an extremely diligent tagging process and delivered back to the customer when required. All the warehouses are secure with stringent security processes and CCTV cameras to ensure safety of goods.

Owing to the lockdown and ‘Work from Home’ scenario for a foreseeable future, self-storage facilities have seen a significant rise in demand; as people have moved out of their rented apartments back to their native places. The numbers enquiries have also seen a big surge.

Sharing his thoughts, Mr Ramesh Babu M, CEO & Co-Founder, SafeStorage®, said, “I’m really excited to take our brand SafeStorage® to Chennai & Pune. We started in Bengaluru and Hyderabad, with IT Professionals being our main target audience. After we received great response, our research indicated that in Chennai & Pune are the other top two markets where there is demand for self-storage facilities. SafeStorage® is one of the pioneers in the storage facility sector in the country and we are committed to offer our services to our patrons through the nation. Our aim is to be present across nine cities in India by end of 2021. As a part of our growth strategy, we will also be venturing into the packers and movers business by early next year.”

SafeStorage® strives to provide a safe, secured and insured space, making self-storage experience easy with all the necessary care, using fire extinguishers, smoke detectors and periodical pest control. The company provides short term, long term and temporary storage space that are designed to offer economical and easily accessible.

Business World

Pandemic increases demand in suburbs in Bangalore, Chennai, Hyderabad, Delhi-NCR, and Pune

Nov 18, 2020 by Gouri Achary 0 Comments #Bangalore, #Chennai, #Delhi-NCR, #Hyderabad, #NoBroker.com, #pandemic, #pune, #Saurabh Garg, #suburbs

Only a little while ago, potential homebuyers were researching best localities to buy a house near their workplace. Data from India’s leading real estate platform, NoBroker.com, shows how it has all changed since the onset of the pandemic. Earlier, proximity to workplace took the topmost spot among homebuyers’ considerations. But ever since the Covid-19 outbreak triggered the new normal and work from home became the norm, the demand in areas other than the ones located near IT hubs has been increasing.

Over the last decade or so, the significance of “dream” in “dream house” had waned with people prioritising the area or the locality instead of the size and even the quality of the unit. For instance, in cities such as Bangalore, Hyderabad, and Chennai that are notorious for their traffic, homebuyers have traditionally preferred staying close to their office to save commute time, often at the cost of their lifestyle-related preferences. But all that is changing for the better.

In the wake of the pandemic, many companies have mentioned that their employees would continue to work from home until June 2021. Consequently, homebuyers are looking to buy properties that are not only more spacious but also located in less populated areas, irrespective of their distance from the workplace. This trend is reflected in the fact that in Bangalore, localities such as Whitefield, Marathahalli, HSR Layout, and Electronic city which were high in demand pre-Covid have experienced a decrease. Conversely, new localities that are attracting greater interest from homebuyers post-May 2020 include Horamavu (32%), Yelahanka (56%), RT Nagar (42%), and Hebbal (36%). Currently, space is a bigger concern for working-class couples as they need a home that can accommodate two workstations along with a study room for kids. The prices in areas that are not strategically located around IT hubs are more affordable and living conditions are better as they experience less traffic. The NoBroker portal has registered a growing demand for bigger houses like 3 and 4 BHKs.

A similar pattern is being observed in Chennai as well. The platform has received more queries for localities such as Ambattur (46%), Perambur (105%), Kolathur (77%), Mylapore (31%) and Valasaravakkam (26%) in Chennai. Only a few months ago, the more popular and in-demand areas were Velachery, Madipakkam, Pallikaranai, Porur, and Choolaimedu. The data at the platform also indicated a similar trend in Hyderabad where areas such as Malkajgiri (26%), Kothapet (18%), Nagole (19%), Toli Chowki (9%) and Ramachandra Puram (12%) are more in demand than ever before.

People are prioritizing better lifestyle over staying closer to work. The benefits of this development are many. It would help reduce stress from popular areas and distribute the population more evenly for better management of resources. Further, this trend might even be the representative of a larger, nationwide sentiment because the platform has found this trend to be dominant in Delhi-NCR and Pune as well. In Delhi-NCR, some of the regions that are experiencing a spike in demand in the post-pandemic landscape include Rohini (126%), Dwarka (73%), Vaishali (69%), Okhla (53%), and Indirapuram (53%). In Pune, the regions that homebuyers are showing keener interest in include Baner (28%), Ambegaon BK (16%), Wadgaon Sheri (31%), Hinjewadi (68%), and Wagholi (25%).

Saurabh Garg, Co-founder and Chief Business Officer of NoBroker.com said, “The work from a home culture has helped demand spread more evenly across the cities of Bangalore, Chennai and Hyderabad and suburbs are seeing a surge in demand. This is a good change as it has helped price correction in a couple of localities and people do not have to compromise on space, size and locality in order to stay close to their workplace. It gives builders also a good opportunity to build and develop more areas and not fixate on areas around IT hubs only. But the key thing is that this change is bringing people closer to buying a house. They can buy with the available corpus instead of compromising on lifestyle to save up to buy in high demand areas. The pandemic has given people an understanding that the satisfaction that comes from owning a house is equal to none other.”

Even after offices open by next year, many employees will continue to work from home. Work from home has proven beneficial for both employees as well as organizations. Amid the crisis, many big companies have come to grips with the benefits of the work from a home model of continuing business as usual. Not only does it affect employee productivity, but also helps the firms in cutting down on costs that they incur when offices operate in full capacity.

The best takeaway is that people are closer than ever to consider taking the plunge of buying a house. This is a good thing for the sector that has been battling a slump for a few years now.

Business World

Luxurious E-Residences now ready to be occupied

Nov 5, 2020 by Gouri Achary 0 Comments #Anna Salai, #Chennai, #E-Residences, #Express Infrastructure Pvt. Ltd, #Luxurious E-Residences, #Ms Kavita Singhania

E-Residences, a residential marvel initiated by Express Infrastructure Pvt. Ltd. (EIPL), is now ready to be handed over from 4th November. E Residences is an uber-luxury gated community, right in the heart of Chennai. Designed by globally renowned Pritzker award winner DP Architects from Singapore, these exclusive 153 Sky Mansions are designed to set a new benchmark of rare elegance, sophistication and luxury, thus creating the most desirable community for the leaders of Modern India.

E-Residences is located at the heart of Chennai, at No: 2 Club House Road, just off Anna Salai (Mount Road). These glamourous Residences are part of a larger Integrated Lifestyle Complex-where an innovative “Open Living” design philosophy takes shape through an ensemble which includes a spectacular Luxe Retail and Entertainment Hub ‘Express Avenue Mall’, an international state-of-the-art office space ‘EA Chambers’ and a Leisure cum Business Hotel ‘E Hotel’- all against an idyllic setting of verdant vibrancy.

Sharing her thoughts on the occasion, Ms Kavita Singhania, Managing Director, Express Infrastructure Private Limited, said, “It has been a dream for me to be able to offer a one of its kind luxury experience for Chennaites. Nestling on a prestigious site area of 5 acres, right in the heart of the city and adjacent to the renowned Express Avenue Mall, this celebrated project epitomizes central city living at its coveted best. It is strategically positioned to enjoy the incredible opportunities that Chennai has to offer.”

Luxurious in every aspect, this enthralling property has been carefully appointed with rich textures, lavish detailing, branded fixtures and spectacular amenities. Stylishly designed to match international standards in flair and finesse, these ultra-luxurious showpiece condominiums are perfect for the urban royalty who crave opulent living spaces, sensational styling and the highest level of attention and personal service including housekeeping on request, room service, 24 hrs panic clinic and 100% power back-up. The 153 condominiums each ranging between 3000-6500 square feet offer 360-degree ventilation. The Balconies are wide and the property is 70% picturesquely landscaped open space.

Elegance lives here in five distinctive residential towers that rise majestically amidst a scenic stretch of ornate landscaping that is embellished with a glitzy swimming pool, striking gazebos, vibrant flowerbeds and tree-lined pathways. Recreational activities for health is also important. E residences offer Grandiose Club House & modern state-of-the-art gym. The property also offers a great children’s playground along with a kiddie pool for the tiny tots.

Business World

5 new cities can now avail society management app Nobrokerhood’s services

Oct 29, 2020 by Gouri Achary 0 Comments #Ahmedabad, #Amit Agarwal, #Bangalore, #Chennai, #Delhi-NCR, #Hyderabad, #Jaipur, #Kochi, #Kolkata, #Mumbai, #Nagpur, #NoBrokerHOOD, #pune

NoBrokerHood, the visitor, society, and payments management app by NoBroker has been steadily gaining ground over the past few months. It is now available in a total of 11 cities including Bangalore, Mumbai, Pune, Hyderabad, Chennai, Delhi-NCR, Kolkata, Jaipur, Ahmedabad, Kochi, and Nagpur. As the app offers convenient and secure living with numerous helpful features, the growth is fueled by imperatives such as social distancing and staying home due to pandemic scare.

As India entered into first lockdown and uncertainty regarding procuring daily essentials sent people into a state of frenzy, the app launched a grocery store overnight and was quick to partner with grocery giants- Bigbasket and ITC, to help society residents by optimizing deliveries.

Not just that, it has also launched an array of features to help residents mitigate the risk of Covid-19. Many of these features are first of their kind such as Touchless Entry using facial recognition that detects residents and frequent visitors such as domestic help, drivers, and other staff without physical contact. The app is also integrated with Aarogya Setu to ensure that visitors entering the society do not bring in any risk of infection. The Health tracker feature on the app which was also launched in the interest of safety gives hyperlocal details about containment zones near the society and if a visitor is coming from one.

NoBroker is a tech-driven platform and uses advanced technologies to the benefit of the customers. As a testimony to the tech innovations in NoBrokerHood, the app has experienced 8x growth over the last 4-5 months. It grew from less than 1000 societies to over 6000 societies quickly. Expanding to more cities was the next natural step and it has already been onboarded by famous societies across the newly launched cities; Silver Crown in Jaipur, DLF Galleria in Kolkata, Indraprastha Tower in Ahmedabad, Empress city in Nagpur and Trinity World in Kochi.

Commenting on the fast expansion, Amit Agarwal, CEO and Cofounder of NoBroker said, “We have launched over 11 new features in the NoBrokerHood app over the last 4 months in the interest of resident safety during these trying times. We want more and more cities and more and more societies to benefit from it. The scope of growth in cities where the app is newly launched is immense. Combined they have over 8500 gated societies and over 11,00,000 flats. We saw this opportunity amidst the pandemic and quickly launched NoBrokerHood in the interest of convenience. We are very humbled by the warm reception that we have received from these cities. We have always been a customer-centric company and all of what we do and innovate hinges on customer experience. We are happy to be able to bring the safety experience to more and more societies.”

City Number of Societies Number of flats
Ahmedabad 2822 366860
Jaipur 1215 97,200
Kolkata 2500 4,00,000
Nagpur 1010 99,990
Kochi 1252 1,40,224

Society living is increasingly becoming the preferred option by most people today because of the many benefits and amenities that are packaged with gated communities. NoBroker believes that the pandemic necessitated the launch of these security features. India has over 2 lakh societies and NoBroker feels it has just scratched the surface and there is a lot more to conquer. The app which went live in 2018 is onboarded by over 6000 societies across Mumbai, Bangalore, Pune, Chennai, Delhi-NCR, Hyderabad, Kolkata, Ahmedabad, Jaipur, Nagpur, and Kochi. It is aiming to be present in 20 cities by 2021.

Business World

“‘MGM Healthcare, Chennai launches ‘Varam’ – Dedicated Women’s Super Specialty Center”

Oct 19, 2020 by Gouri Achary 0 Comments #Chennai, #Dr. Urjitha Rajagopalan, #MGM Healthcare, #Ms. Jyothika and Mr. Suriya, #Varam, #Women’s Super Specialty Center”

MGM Healthcare, a super-speciality quaternary care hospital in the heart of the city, today announced the launch of the future of women’s healthcare services under the brand ‘Varam’ which is a dedicated women’s super-speciality centre that will combine the values that MGM Healthcare stands for with cutting-edge technology and unparalleled care.

Encompassing everything from adolescent health, gynaecological health, obstetric services to menopausal health and gynaec-oncology, Varam strives to be the one-stop centre for comprehensive and holistic care the city needs. ‘Varam’ aims to deliver exceptional healthcare for women of all ages with abundant empathy, expertise and excellence.

The launch ceremony was held on Oct 18, 2020, at MGM Healthcare, for a small gathering of special guests and attended virtually by many others. ‘Varam’ was inaugurated by celebrity actors Ms. Jyothika and Mr. Suriya in the presence of MGM Healthcare’s Director, Dr Urjitha Rajagopalan, Dr Arcot Jaishree Gajaraj, Senior Consultant, Obstetrics & Gynaecology, Dr Dakshayani R, Senior Consultant, Obstetrics & Gynaecology, Dr Veda Padma Priya S, Senior Consultant, Breast Oncology and Oncoplasty and other delegates.

Commenting on the occasion, Dr. Urjitha Rajagopalan, Director, MGM Healthcare, said, “Today, we have over 3,000+ Gynaecologists, 300+ maternity hospitals and 50+ multi-speciality hospitals in the city of Chennai alone. However, not many hospitals can provide comprehensive healthcare services specifically for women of all ages. With the launch of ‘Varam’, we aim to eliminate the complexities that are increasing day by day in providing exceptional women’s healthcare.

‘Varam’ will serve as a comprehensive centre driven by a much-needed holistic approach when it comes to caring for the health and well-being of women — from adolescent girls and young women, all through their journey of womanhood till their graceful senior years — all under one roof. Our endeavour is that ‘Varam’ will be that one-stop centre that will deliver quality care with empathy, expertise and excellence.”

The centre is backed by medical experts in the field of obstetrics and gynaecology, foetal medicine, neonatology and gynaec-oncology, with world-class medical equipment, dedicated operating suites, high-dependency unit, level-III neonatal ICU, and an impressive infrastructure.

News

Pankajakasthuri announced final clinical trials of ZingiVir-H as adjunct therapy for COVID-19 patients

Aug 11, 2020 by Gouri Achary 0 Comments #Chennai, #Faridabad, #Founder and MD of PKHIL and Pankajakasthuri Herbal Research Foundation, #Haryana., #Karnataka; RCSM Medical College and CPR Hospital, #Kolhapur, #KR Hospital, #Maharashtra; Saveetha Medical College and Hospital, #Ministry of AYUSH, #Mysuru, #Padma Shri Dr. J Hareendran Nair, #Tamil Nadu and ESIC Medical College and Hospital, #ZingiVir-H

With the number of people infected by COVID-19 just under 2 million in India, Pankajakasthuri Herbals India Private Limited (PKHIL) today announced significant success in their study to find a treatment for the novel coronavirus patients.

The company released the successful completion of the clinical trials for its tablet, ZingiVir-H as an add-on therapy for the pandemic. The clinical trials were conducted on 116 patients infected by COVID-19 at medical colleges across the country, with 58 being administered Zingivir-H and the rest given a placebo. The studies found that 58 patients treated with the herbo-mineral drug, ZingiVir–H recovered and reported a negative Reverse Transcription Polymerase Chain Reaction (RT-PCR) recovery in an average of 5 days while others took an average of 8 days to recover. The clinical trials of ZingiVir–H have been completed following the guidelines provided by the World Health Organization and the final results have been submitted to the Ministry of Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy (AYUSH) for approval.

Talking about the completion of the clinical trials, Padma Shri Dr. J Hareendran Nair, Founder and MD of PKHIL and Pankajakasthuri Herbal Research Foundation said, “It gives me immense pride and honour to announce that our medication, ZingiVir –H, has been successful in providing much-needed assistance and help to COVID-19 patients in their recovery. I would like to commend my team who have rigorously helped me with the clinical trials and associated studies. This is one of the first herbo-mineral drug and ayurvedic medicine for COVID-19 that has achieved a negative RT PCR test as a primary endpoint.”

The clinical studies took place at KR Hospital, Mysuru, Karnataka; RCSM Medical College and CPR Hospital, Kolhapur, Maharashtra; Saveetha Medical College and Hospital, Chennai, Tamil Nadu and ESIC Medical College and Hospital, Faridabad, Haryana. “We wanted to test the efficacy of the drug, which is made with seven ingredients, on patients in various hospitals across the country. This has further encouraged us and strengthened our belief that Ayurveda-based drugs can play a vital role in this fight against COVID-19. We are also soon planning to announce the results of the ongoing clinical trial with standalone treatment on 135 patients”, Dr. Nair added.

Commenting on the Ministry of AYUSH to expedite the process of necessary approvals for all the Ayurveda drugs that are undergoing clinical trials in various hospitals in the country Dr. Nair said, “Today when millions of people suffering from this harmful disease and are in hospitals battling the virus, I would like to urge the Ministry of AYUSH to support scientifically-backed modern Ayurveda-based treatments and drugs that have long-lasting benefits and can help save lives. At PKHIL, we are equipped to scale up and meet the requirements of the nation, once necessary approvals are issued by the ministry.”

Pankajakasthuri Herbals India Pvt. Ltd. submitted the first reports of ZingiVir-H to Ministry of AYUSH at the end of June 2020, while the interim report of 42 patients examined by a peer review committee was submitted on July 8th and the primary endpoint result of 116 patients was submitted to on July 24th. The company is expecting the final decision from the ministry soon.

For more information on the final study result, visit https://www.pankajakasthuri.in/