Tag: New Delhi

News

Airbnb Bookings for Stays in Kochi Witnessed 60percentage Surge in 2023

Jun 26, 2024 by Mansi Praharaj 0 Comments #Airbnb Bookings, #Kochi, #New Delhi

Jun 26, 2024 New Delhi, India 

Kochi, a city steeped in history and cultural richness, has emerged as a popular destination for Indian travelers. Renowned for its heritage that dates back centuries, Kochi offers a fascinating blend of historical landmarks, diverse cultural influences, and exceptional hospitality. This coastal city, often referred to as the “Queen of the Arabian Sea”, has been a vibrant trading port for over hundreds of years, attracting explorers, traders, and travelers from around the world. With its unique mix of colonial architecture, traditional Kerala culture, and scenic beauty, Kochi provides a myriad of experiences, from serene stays to captivating cultural encounters.

Rising Popularity Among Indian Travelers

Airbnb data revealed an over 60% increase in bookings for stays in Kochi in 2023 compared to the previous year(1), highlighting the city’s growing appeal. This surge reflects the increasing interest among Indian travelers to explore unique domestic destinations with deep cultural roots.

Millennials at the Forefront of Kochi Exploration

Millennials are leading the exploration of Kochi, drawn by its rich history and diverse attractions(2). This trend underscores the city’s appeal to younger travelers seeking meaningful and immersive experiences.

Family and Group Travel Leading the Way

A significant trend observed is the rising popularity of family and group travel among Indian travelers to Kochi(3). This shift indicates that more travelers are looking to share the rich cultural experiences of Kochi with their loved ones.

Airbnb and its host community is dedicated to providing travelers with memorable experiences in Kochi, connecting them with authentic local experiences that make each trip unforgettable.

Showcasing the rich cultural heritage of Kochi, Kerala:

Last year, Airbnb signed a Memorandum of Understanding (MoU) with the Ministry of Tourism, Government of India, to promote India as a high-potential tourism destination and to highlight its rich cultural heritage. Central to this partnership is the launch of the exclusive ‘Soul of India’ microsite, which showcases an array of heritage stays across the country. This initiative aims to shine a spotlight on India’s diverse cultural heritage and attract travelers to explore its historical treasures. As a part of this initiative, we are excited to showcase some of our beautiful heritage homes on Airbnb in Kochi and a variety of cultural experiences that travelers can immerse themselves into.

Discover Kochi’s Unique Heritage Stays on Airbnb

Travelers can immerse themselves in Kochi’s history through unique heritage stays available on Airbnb. These heritage properties, steeped in history and architectural brilliance, offer an authentic glimpse into India’s rich cultural tapestry.

Here are a few heritage Airbnbs that you can stay at during your next trip to Kochi:

  • Brunton Boatyard: Located in historical Fort Cochin, Brunton Boatyard is a restored period building that brings to life 19th century Malabar. With influences from the Portuguese, Dutch, and British eras, this five-star hotel offers high ceilings, hanging fans, and a plethora of artifacts reflecting its colonial past.
  • Chittoor Kottaram: This former king’s residence offers unparalleled privacy and luxury. Located on the banks of Kerala’s backwaters, Chittoor Kottaram caters to a single occupant or family at a time, providing a unique and intimate experience steeped in history.
  • River Lodge: Cranganor History Café & Riverside Château: This labor of love by Rasmi and Vineeth combines their passion for history with modern hospitality. Situated in the ancient port city region of Muziris, the lodge offers a rich historical narrative dating back over three millennia, coupled with serene riverside views.
  • Cheppanam House: A reinstalled heritage wooden house originally from Paika, Cheppanam House reflects the migration and architectural practices of Kerala’s past. This house offers a unique stay experience with its historical timber construction and picturesque setting.

Explore the Cultural Heritage of Kochi:

Travelers visiting Kochi can indulge in a variety of cultural experiences that highlight the city’s rich heritage:

  • A Heritage Tour of Fort Kochi: Discover the iconic Chinese fishing nets, Manja Bhagavati Temple, Vasco da Gama Church and the Dutch Palace, an ASI museum that holds ancient secrets.
  • Ottan Thullal Cultural Performance: Witness this traditional form of dance and performance art unique to Kerala.
  • Visit the Muziris Heritage Project: The Muziris Heritage Project is one of the biggest conservation projects in India, where the state and the central governments have come together, with support from UNESCO, to conserve a rich culture that is 3000 years old or more.
  • Sopana Sangeetham (Temple Song): Experience the soulful temple music that is integral to Kerala’s cultural fabric.
  • Kathakali Dance Performance: Marvel at this classical Indian dance-drama known for its vibrant costumes and expressive gestures.
  • Kalaripayattu Martial Arts Performance: Watch a demonstration of Kerala’s ancient martial art form.
  • Houseboat Tour of the Backwaters: Enjoy a tranquil cruise through Kerala’s scenic backwaters.
  • Authentic Kerala Food: Savor the flavors of traditional Kerala cuisine, known for its rich spices and fresh ingredients.
Business

Travel Spurs 73% Online Spending Surge in H1 2024; Gen X and Boomers Drive Growth

Jun 26, 2024 by Sujata Muguda 0 Comments #Gen X and Boomers Drive Growth, #MakeMyTrip, #New Delhi, #NItya Sharma, #Travel Spurs 73% Online Spending Surge, #Union elections

New Delhi, 26th June, 2024: A slurry of activities including the Union elections, cricketing extravaganza, summer vacations and an increase in visa-free tourist destinations in the first half of 2024 has peaked consumer spending on travel, registering a 73% growth in the first five months of 2024 as compared to the same period last year, according to Simpl’s Checkout Scan. This comes on the back of an overall 42% increase in consumer spending via Simpl’s 1-Tap Checkout across a range of categories including travel, food and beverage, services and grocery among other categories.

This growth was led by consumers from Ahmedabad, Pune, Hyderabad along with the top metros with the emerging metros registering a growth in consumer spending by 77%, 74% and 64% respectively during the first five months of this year. The spends were majorly done on travel service providers including MakeMyTrip, EaseMyTrip, Redbus, Goibibo, AbhiBus, Oyo and ZoomCar among others.

Interestingly, consumers in the age group of 51-60 and over 60 years commonly referred to as Gen X and Boomers posted 89 and 87% growth respectively, highlighting the increasing travel by middle-aged and retirees on the back of growing convenience and affordability. Travel demand was also fueled by weekends, festivities and summer vacations along with rising temperatures, leading travellers to cooler destinations.

Other categories witnessing growth in consumer spending were food and beverage, services and grocery which posted 68%, 53% and 35% growth respectively. While metros led a majority of the consumer spending, smaller cities including Thiruvananthapuram, Indore, Guwahati, Vijayawada and Lucknow posted 84%, 47% and 45% growth in spending across merchants such as Blinkit, MakeMyTrip, Zomato, Myntra, Bigbasket, Dunzo, Meesho and Nykaa.

Commenting on the trend, Nitya Sharma, Founder and Chief Executive Officer said, “The first half of 2024 has been a blockbuster year for the internet commerce economy where union elections, cricketing events and tourist destinations made visa-free played a pivotal role in significantly driving consumer spending online. This is reflective in categories such as travel, food and beverages, services and grocery that have posted robust growth in consumer spending. As merchant’s preferred checkout partner, we understand that convenience is becoming a real differentiator in e-commerce today after selection and affordability and we are excited to witness the growing adoption of our 1-Tap Checkout by millions of consumers across our exhaustive merchant universe”.

Interestingly, the single day highest order in the last five months in 2024 stood at Rs 39,000 as against Rs 25,000 in the first five months of 2023 via Simpl’s 1-Tap Checkout while the cumulative spend by a single consumer in 2024 till date stands at Rs 9.5 lakh. This stands as a testament to the growing adoption of internet commerce (e-commerce & quick commerce) for higher spending across an array of merchant categories.

Simpl’s 1-Tap Checkout, which is available across 26,000 merchants, offers the convenience of a checkout in a single tap with near zero transaction failures and is preferred by millions of consumers. This growth in user transactions has been driven by increasing adoption of Simpl by consumers and merchants across the country.

News

See the World in a New Light with Lenskart’s Game Changing BLU Screen glasses

Jun 25, 2024 by Sujata Muguda 0 Comments #a premier eyewear retailer in India, #BLU Screen Glasses, #Lenskart, #Lenskart’s Game Changing BLU Screen glasses, #New Delhi

New Delhi, 25th June,2024: Lenskart, a premier eyewear retailer in India, introduces its latest innovation Lenskart BLU lenses. These innovative lenses are specifically designed to combat the negative effects of blue light exposure from digital devices.

Lenskart Blu 1

In today’s digital age, the prevalence of blue light exposure has increased exponentially. Adults now dedicate roughly half of their day to digital screens, while a staggering 84% of teenagers indulge in screen binge-watching sessions. Moreover, remote work has further intensified screen time, with 70% of telecommuters reporting endless work hours. This overexposure impacts our sleep cycle and leads to various eye problems such as headaches, dry eyes and blurred vision.

Recognizing these issues, Lenskart has developed BLU Screen Glasses, which block up to 98% of blue light, reduce glare and relieve eye strain with the help of anti glare coating on the lenses. These lenses also offer protection against UV rays and ensure visual clarity by keeping dust and scratches at bay.

They are available for all, from zero power, those who don’t need vision correction to prescription lenses. They are also compatible with a vast selection of stylish frames, so you can protect your eyes without sacrificing your personal style.

With Lenskart BLU Screen Glasses, you can now give your eyes a much-needed break and transform the everyday viewing experience. Whether working long hours or enjoying your favorite TV shows, Lenskart BLU is now the perfect companion for eye protection and comfort.

Business

Prices of under-construction projects increase 15.2% QoQ across top 13 cities: Magicbricks Propindex Report

Jun 25, 2024 by Sujata Muguda 0 Comments #Abhishek Bhadra, #Construction projects increase 15.2% QoQ across top 13 cities, #Magicbricks, #Magicbricks Propindex Report, #New Delhi, #Prices of under-construction projects

New Delhi, June 25, 2024: Between April and June 2024, residential supply witnessed the highest growth rate in the last 24 months, driven by the increasing availability of under-construction properties, shared the recently published by Magicbricks, India’s leading real estate platform.

According to the report, the supply of under-construction properties has increased by 11.7% QoQ, while prices have risen by 15.2% between April-June 2024. This surge has resulted in prices of under-construction properties surpassing those of ready-to-move properties in several cities such as Gurugram, Mumbai, Noida and Thane.

Explaining the trends, Abhishek Bhadra, Head of Research, Magicbricks shared“As we navigate through 2024, the Indian real estate market has entered its third year of a robust bull run. With a projected steady increase in supply and a more measured pace of demand growth, we expect the market to progress towards an equilibrium. Furthermore, continued customer confidence in under-construction properties is suggesting a promising outlook for the residential real estate market in the long run.”

Further, based on the preferences of over 2 crore customers on Magicbricks platform, the report highlighted a continued uptick in aggregate residential demand across the top 13 cities during this period, registering a robust growth of 4.6% QoQ. Northern cities of Gurugram (19.6% QoQ), Delhi (17% QoQ), and Noida (16.4% QoQ) experienced the highest increase.

“Despite higher interest rates, residential demand remains strong, buoyed by the Reserve Bank of India (RBI) keeping the Repo Rate unchanged for the eighth consecutive time. Should key economic indicators improve and inflation fall within a comfortable range, the RBI may consider reducing the Repo Rate, potentially further stimulating demand and benefiting end-users seeking affordable housing.”shared Abhishek Bhadra, Head of Research, Magicbricks

Moreover, after a period of relatively subdued supply, there has been a promising growth of 3.5% QoQ, especially in Thane (15% QoQ), Greater Noida (13.8% QoQ), and Noida (7.3% QoQ). With demand still outpacing supply, the report noted that residential prices continued to rise, increasing by 4% QoQ, with Noida (7% QoQ), Gurugram (6.8% QoQ), and Mumbai (6.5% QoQ) experiencing the highest increases.

Business

WPPS announces Global CEO Conclave on Wheat on June 27 and June 28, 2024, at Hyatt Regency Delhi

Jun 25, 2024 by Sujata Muguda 0 Comments #Dr. Rajan Sankar, #Hyatt Regency Delhi, #Mr. Ajay Goyal, #Mr. Mrituenjay Kumar Jha, #New Delhi, #Shivaji Roller Flour Mills Pvt. Ltd., #Wheat Products Promotion Society, #WPPS, #WPPS announces Global CEO Conclave, #WPPS Global CEO Conclave

New Delhi, June 25, 2024 : Established 36 years ago in 1988, the Wheat Products Promotion Society (WPPS) is delighted to announce the Global CEO Conclave on Wheat and Wheat Products, scheduled to take place at the Hyatt Regency, New Delhi, on June 27 and June 28, 2024. This landmark event aims to bring together influential stakeholders from the global wheat industry, including CEOs, industry experts, policymakers, and academicians, to discuss and shape the future of wheat production, processing, and trade worldwide.

image (5)

The agenda for the WPPS Global CEO Conclave on Wheat and Wheat Products, held from June 27-28, 2024, showcases a dynamic lineup of sessions designed to explore and shape the future of the wheat industry. Day 1 begins with registrations from 1:00 PM to 2:00 PM, followed by a pivotal Technical Session on Milling and Baking Technology chaired by Dr. Sridevi Annapurna Singh from CSIR-Central Food Technological Research Institute, Mysuru. The session features a keynote lecture by Dr. M.M. Krishna, Former CMD of Modern Food Industries Ltd., and includes discussions led by industry leaders on innovative pathways in milling, advancements in baking ingredients, and global initiatives in food fortification. Networking tea continues at 4:00 PM, leading into the evening’s Inaugural Session at 5:00 PM, featuring addresses by Mr. Pramod S Jain, President of Roller Flour Millers’ Federation of India (RFMFI), and Mr. Ajay Goyal, Chairman of WPPS and Managing Director of Shivaji Roller Flour Mills Pvt. Ltd. Keynote addresses will delve into technology’s role in wheat production, trade and investment opportunities in South Asia’s agrifood sector, US-India agricultural collaboration, innovations in agri-tech, and advancements in food technology. The Inaugural Session will be graced by the presence of Chirag Paswan, Union Minister of Food Processing Industries, and Shivraj Singh Chouhan, Minister of Agriculture and Farmers’ Welfare, as chief guests.

Day 2 commences with Business Session 1 from 9:00 AM to 10:00 AM, moderated by Dr. Rajan Sankar, Former Regional Head of GAIN and Director Nutrition at Tata Trust, focusing on the critical role of fortified flour in public health. This is followed by Business Session 2 from 10:00 AM to 11:30 AM, moderated by Ms. Manisha Gupta, Group Commodities Editor at CNBC – TV18, exploring global wheat economics, including demand, supply dynamics, pricing strategies, and insights on global wheat supplies. Networking opportunities are provided at 11:30 AM with a Networking Tea/Coffee break. The conclave continues after lunch with Business Session 3 from 12:00 PM to 1:30 PM, moderated by Mr. Mrituenjay Kumar Jha, Commodity Editor at Zee Business, addressing India’s pivotal role in global food security through discussions on wheat production trends, innovative technologies, and strategies for resilient supply chains. Business Session 4 from 2:30 PM to 4:00 PM, moderated by Mr. Reddy KV from ITC Limited Foods, focuses on innovations and challenges in the wheat products supply chain, including discussions on processing, ingredient trends, procurement strategies, and technological advancements. Concluding remarks and presentation of recommendations take place from 4:00 PM to 4:30 PM. The valedictory session will feature Mr. Piyush Goyal, Minister of Commerce and Industry and Minister of Consumer Affairs, Food and Public Distribution, as the chief guest.

The two-day conclave promises a comprehensive exploration of key themes impacting the wheat sector, ranging from technological innovations in milling and baking to global economic dynamics, food security, and sustainable supply chain management. Participants will engage in insightful discussions, panel sessions, and networking opportunities designed to foster collaboration and innovation across the industry. Notably, 50 speakers from India and abroad will be deliberating at the event.

Mr. Ajay Goyal, Chairman of WPPS and Managing Director of Shivaji Roller Flour Mills Pvt. Ltd., emphasized, “This conclave aims to foster collaboration, share insights, and pave the way for innovations that will define the future of wheat and wheat products globally. It will also highlight India’s pivotal role in the global wheat market and its contributions to food security. We are thrilled to host this conclave, uniting global leaders to explore innovations and strategies that will drive the wheat industry forward. This event underscores our commitment to fostering collaboration and advancing the future of wheat and wheat products globally.”

The Wheat Products Promotion Society (WPPS), established 36 years ago in 1988, is dedicated to advancing the interests of the wheat industry through advocacy, research, and knowledge dissemination. In addition to organizing events like the Global CEO Conclave, WPPS promotes the larger consumption of traditional as well as non-traditional wheat foods in India through surveys, educational programs, study tours, and the establishment of research centers. WPPS also assists wheat farmers and food manufacturers, holds discussions with government bodies and specialists in wheat and wheat food to make food more affordable, and disseminates information through publications and electronic media. WPPS enlists members of bona fide national and regional associations/federations and organizations, enhancing collaboration and knowledge exchange within the industry.

Business

Vestige Marketing Celebrates 20 years of its Journey with a Mega Event in Delhi

Jun 25, 2024 by Sujata Muguda 0 Comments #India’s home-grown direct-selling industry, #Mega Event in Delhi, #Mr Gautam Bali, #New Delhi, #Vestige India Pvt Ltd, #Vestige Marketing

25th June 2024, New Delhi – Vestige India Pvt Ltd, a front-runner in India’s home-grown direct-selling industry, has marked a significant milestone in its journey by commemorating 20 years of excellence. The momentous occasion was celebrated with a grand event dedicated to honouring the achievements of the company and its distributors, while envisioning the next decade for the company.

Mr Gautam Bali_V20 Mega Event_1

Over the past two decades, Vestige has been at the forefront of the direct-selling industry with a steadfast commitment to empowering individuals and encouraging entrepreneurship. The company is dedicated to promoting health and wellness through its wide range of high-quality products. Its 20 successful years signify a journey of growth and a vision of creating a difference in the lives of all the individuals and communities associated with the brand.

The grand V20 anniversary mega event, held at Thyagraj Sports Complex, New Delhi witnessed a gathering of enthusiastic distributors, esteemed leaders, and key stakeholders of the Vestige family. The event reflected on the company’s journey over the two decades while highlighting the immense potential of the direct-selling industry. It also marked the introduction of the brand’s advanced digital offerings such as Vestige Website 2.0, Vestige Super App, Vestige Care (with AI instructors for wellness guidance and instructions), Vestige AR (an engaging storytelling platform that enables distributors to access the company’s legacy of trust and achievements), and more. The event also felicitated and rewarded the outstanding distributors for their exceptional performance and commitment to the company’s vision.

Speaking on the occasion, Mr. Gautam Bali, Managing Director and Founder of Vestige Marketing said “As we celebrate 20 years of Vestige Marketing, we reflect on our journey with immense pride and gratitude. V20 is not just a milestone but also a testament to the dedication shown by every member of the Vestige family, who have been essential to the company’s success. Today, we are present in 8 countries internationally, including India, with 2500+ DLCPs and 42 branches. With our steadfast vision, we aim to add more DLCPs and branches in the near future for ease of business. As we grow, I am deeply grateful for all the unwavering support and remain committed to our mission of empowering lives.”

Delhi has been the key hub for Vestige Marketing, with a growing community of entrepreneurs driving the company’s expansion and success. The company holds a significant position in the direct-selling industry, boasting a large distributor network, with nearly 40% comprising women and youth. As Vestige looks ahead toward its next phase, it is committed to enhancing the lives of its members and those who believe in ‘Wellth‘ – Wealth through Wellness, dedicating itself to creating a positive social impact.

News

10th Delhi Ratna Award & Cultural Evening organized by Bharat Manch in Delhi

Jun 24, 2024 by Sujata Muguda 0 Comments #10th Delhi Ratna Award, #10th Delhi Ratna Award & Cultural Evening organized, #Ambedkar International Center in Delhi, #Bharat Manch in Delhi, #Dr Prashant Dwivedi, #New Delhi, #The 10th Delhi Ratna Award ceremony

New Delhi: The 10th Delhi Ratna Award ceremony was organized by the country’s prestigious organization Bharat Manch at the Ambedkar International Center in Delhi. An Annual cultural program was also organized during the award ceremony, a colorful Manipuri Radha krishna dance enthralled the audience on this occasion . 37th Chief Justice of India ,Hon’ble Justice KG Balakrishnan was present as Chief Guest in this Award ceremony. Many other distinguish guests were also present on this occasion . Dr. M.K khan , Chairman of Bharat Manch and Dr. Prashant Dwivedi , President, Bharat Manch welcome to the guest on this occasion by presenting the memento & bouquet of flowers.

Pix2_ Delhi Ratna Awards 2024

Dr Prashant Dwivedi, President of Bharat Manch, said that since 2013, the Delhi Ratna Award ceremony is being organized by Bharat Manch in which 30 great personalities from all over the country are honored for their good works. Bharat Manch is the platform of every Indian who Contribute to the society and the country.

In this Award ceremony, many judge advocates, IAS, IPS, people associated with education, health, sports, dance, art, social service and other fields are honored for their outstanding work. This year those who were given the 10th Delhi Ratna Award include Shri Vishal Singh ,chairman NCCF, Dr. Shriyash Jain, Doctor, Shri Subhash Garg, Joint Director CBSE, Smt. Sashi Talwar, MCD Councilor Captain Imo Choba Singh, Aero Sports, Shri Prakash Chandra Aggarwal, Social Worker, Dr. Vinay Kumar Singhal, Social worker, Advocate Rohit Munjal, Shri Yogesh Luthra, Dr. Pankaj Kumar, Naveen Garg, MD, Naviflex Ltd, Shri Ashok Kumar So to DCP south, Singer Khushboo Jha, Inspector Badaruddin Khan , PCR head New Delhi, Harsimarjot Singh Sidhu, Astrologer Dr. Rekha Banka , Advocate Manpreet Sirsawa, Social worker Dr. Vinay Kansal , Educationist Unmah Mufti, Neetu Singh and Rukhsana , Social activist Ajay Gupta , Fitness Expert Sahil, Social Activist Anil Gupta , Vijay Kumar, Central Chairman, MSME PCI, social activist Nitin Kumar Singhal , Social worker Satya Prakash Goel , Social worker Sumit Bhojgi and Anil Kumar Yadav Additional District Judge Banaras were awarded for their good deeds.

News

Leicester’s Win as ‘England Curry Capital’ 2024 Celebrates Indian Cuisine’s Global Influence

Jun 21, 2024 by Sujata Muguda 0 Comments #England Curry Capital' 2024, #Indian cuisine's global appeal and influence, #Indian Cuisine's Global Influence, #King Richard III Visitor Centre in Leicester, #New Delhi, #owner of Leicester's Chutney Ivy, #Romail Gulzar, #Shaf Islam

New Delhi, June 21, 2024:In a triumph for Indian cuisine’s global appeal and influence, the city of Leicester, home to a thriving Indian diaspora population, has been crowned the ‘England Curry Capital’ for 2024. This prestigious recognition not only honors Leicester’s exceptional South Asian culinary offerings but also underscores the pivotal role the Indian diaspora plays in promoting and preserving the country’s rich culinary heritage on the international stage.

Leicester Crowned ‘England Curry Capital’ 2024, Cementing UK City’s Reign as Curry Powerhouse

In a resounding celebration of its rich culinary heritage and diverse curry offerings, the city of Leicester has been officially crowned as the ‘England Curry Capital’ for 2024. This prestigious title, awarded after a nationwide public voting campaign, solidifies Leicester’s position as a true mecca for curry lovers and a hub of South Asian cuisine in the United Kingdom. (43% of Leicester’s population is Asian, of whom the majority are of Indian heritage)

The revelation was made on Tuesday, June 18th, at the historic King Richard III Visitor Centre in Leicester, where local restaurateurs and dignitaries gathered to commemorate this momentous achievement. The event was officially opened by Mike Kapur, His Majesty’s Lord Lieutenant of Leicestershire, and attended by esteemed guests, including the Lord Mayor of Leicester, representatives from the Royal Air Force, and the Chief Constable of Leicestershire Police.

Leicester’s triumph in the Curry Capital competition was resounding, with the city garnering an impressive 89% of the public votes cast online and through social media channels, surpassing other contenders across England.

“When it comes to curry, in Leicester we are world-class,” said Leicester’s Lord Mayor Cllr Bhupen Dave, celebrating the city’s diverse culinary landscape. “We are the curry capital, and winning this award is good for the city and the people living here – we all benefit from good food.”

Leicester’s passion for curry is deeply rooted in its multicultural fabric, boasting the highest number of Indian restaurants per capita in the UK, with an average of 47 restaurants per 100,000 people. The city specializes in a wide range of South Asian dishes, encompassing flavors from Nepal, India, Bangladesh, Afghanistan, Sri Lanka, and Pakistan, each country contributing its unique culinary traditions and cooking techniques.

Renowned restaurateurs from Leicester’s thriving curry scene, including Chutney Ivy, Spice of India, Royal Leicester pub restaurant, and the Owl and Pussycat, have enthusiastically backed the city’s campaign, expressing their pride in this well-deserved recognition.

“I’ve been doing this for 30 years, and Leicester has always been in my heart – I always thought Leicester was the curry capital of the country, so for it to be official is great, and for us to receive this award,” said Shaf Islam, owner of Leicester’s Chutney Ivy. “We are the poster city of multiculturalism in the world, and this will be a great lift. It’s thoroughly deserved.”

The judging panel, comprising industry experts and food enthusiasts, meticulously evaluated the city’s culinary offerings, ultimately recognizing Leicester’s unparalleled passion for curry and its commitment to preserving and celebrating South Asian culinary traditions.

Leicester will proudly hold the ‘England Curry Capital‘ title for two years until 2026, when other cities will have the opportunity to vie for this coveted recognition in the next public voting campaign.

This accolade not only pays tribute to Leicester’s rich culinary heritage but also serves as a testament to the city’s vibrant multiculturalism and its ability to embrace and celebrate diverse cultures through the universal language of food.

Romail Gulzar, founder of Pukaar Group and Curry Capital judge said: “It is great for Leicester to be named England’s Curry Capital! This award has been a long time coming and hopefully it will encourage people to come to Leicester and try some of the many outstanding restaurants we have here in the city. “

Business

EKA Mobility announces second tranche investment from Mitsui & Co., Ltd

Jun 21, 2024 by Sujata Muguda 0 Comments #Dr. Sudhir Mehta, #EKA, #EKA (Pinnacle Mobility Solutions), #EKA Mobility, #Electric Vehicle, #Ltd, #Mitsui & Co., #Mitsui & VDL Groep, #Mobility Business Unit 1 of Mitsui, #Mr. Hiroshi Takeuchi, #New Delhi

New Delhi, Thursday, June 21, 2024 – EKA (Pinnacle Mobility Solutions) announces Mitsui & Co., Ltd. (“Mitsui”), a global trading and investment company with a rich history of contributing to industrial innovation, has executed a second tranche investment as a part of the initially announced phased investment, further solidifying their commitment to the rapidly growing electric vehicle (EV) company. This strategic infusion of capital will be directed towards capital expenditures (Capex) and working capital, supporting EKA Mobility’s continued expansion and innovation in the EV sector. This tranche also establishes an attractive valuation benchmark for the company and is testimony to the rapid growth that EKA is witnessing.

Team #BharatKiEKA

In December 2023, EKA, Mitsui & VDL Groep entered into a strategic long-term partnership, that included joint investments of USD 100 million  in phases, equity, and technology cooperation to create a leading global OEM in India. This is one of the largest and most significant partnerships in the new mobility segment globally. Under the cooperation, EKA Mobility will receive significant and strategic investments from Mitsui, and technological support & equity partnership from VDL Groep, a leading Dutch technology and manufacturing company. As part of this partnership, VDL Bus & Coach, a subsidiary of VDL Groep and Europe’s frontrunner in electric buses & coaches will support EKA Mobility by transfer-of-technology to produce electric buses in India for the Indian market.

Earlier this year, Mitsui invested its maiden tranche in EKA which propelled the company to establish one of the largest R&D centres in the country for electric commercial vehicles, new product development, and expanding its export footprints. The second tranche will support EKA Mobility’s manufacturing capabilities, accelerate new product development, expand market reach, and provide working capital. The investment will strengthen the company’s financial base to support day-to-day operations, supply chain optimization, and market expansion initiatives.

“We are thrilled to deepen our partnership with EKA Mobility through the investment of this second tranche,” said Mr. Hiroshi Takeuchi — Deputy General Manager of Mobility Business Unit 1 of Mitsui. “EKA Mobility has demonstrated strong growth and innovation in the EV space, and we are excited to support their continued success. We look forward to utilizing Mitsui’s global network to promote exporting EKA’s competitive products to overseas markets. This investment aligns with Mitsui’s strategic focus on sustainable and forward-looking industries, and we are confident that EKA Mobility will play a pivotal role in the future of transportation.”

EKA, headquartered in Pune, India, has been at the forefront of the commercial electric mobility revolution, developing a range of electric buses in 7mtr, 9mtr & 12mtr categories, intercity coaches, and a range of electric light commercial vehicles. EKA is also one of the commercial vehicle manufacturers approved under the Government of India’s Auto PLI policy. Mitsui’s renewed investment underscores its confidence in EKA Mobility’s vision, technology, and market potential.

Dr. Sudhir Mehta, Founder of EKA (Pinnacle Mobility Solutions), expressed his gratitude for Mitsui’s continued support: “We are immensely grateful to Mitsui & VDL Groep for their unwavering confidence and sustained investment in EKA Mobility. The continued investment support will enable us to accelerate our growth trajectory, bring innovative EV solutions to market faster, and further our mission to create a sustainable and green transportation ecosystem. We look forward to a long and successful partnership with Mitsui & VDL.”

Technology

Tech Professionals Witness 150% Median Salary Hike Post Upskilling: Scaler Career Transition Assessment Report

Jun 20, 2024 by Sujata Muguda 0 Comments #Abinay Bingumalla, #Anshuman Singh, #Co-founder of Scaler and InterviewBit, #DSML, #LPA, #Median Salary Hike Post Upskilling, #New Delhi, #Scaler Career Transition Assessment Report, #Sudhendu Kumar, #Tata Motor, #Tech Professionals

New Delhi, June 20, 2024

Scaler, a leading education provider in India, has announced that the learners from its upskilling programs – Scaler Academy and Scaler DSML (Data Science & Machine Learning) – have secured a median salary hike of 150% and 110% respectively in the last two years, according to an audited Career Transition Assessment Report.

The report, assessed by B2K Analytics, the agency that audits IIM Ahmedabad’s placement reports, discloses that the top 25% of software development program learners secured an average package of Rs 48 LPA, while the middle 80% received an average package of Rs 25 LPA. The same numbers reflect 35 LPA and 18 LPA for graduates of the data science program, respectively.

The increase in average salary hike reflects the continuing demand for skilled professionals in the ever-evolving tech landscape. This trend aligns with the data from the 2022 report, indicating a persistent need for upskilling to meet industry requirements.

The report highlights a substantial jump in the average salaries of learners. Pre-upskilling, the average CTC of learners stood at Rs 17.77 LPA, which has now surged to Rs 33.73 LPA post-upskilling. Parallelly, the average salary of learners from the data science cohort prior to upskilling stood at 15.47 LPA. Post upskilling, the average CTC secured by them shot to 30.68 LPA, reflecting the efficacy of upskilling and continuous learning in elevating tech career prospects.

The report also reveals that the key roles in high demand among software development recruiters include Senior Developer, with companies offering an average CTC of Rs. 32.04 LPA, and mid-senior Developer, with an average CTC of Rs 34.69 LPA. Notably, tech professionals employed as System engineers and Support engineers in service-based companies prior to upskilling secured the highest salary hikes post-upskilling in software development.

Additionally, the report also reveals insights into high-paying roles within the data science and machine learning fields. Senior Data Scientists and Senior Developers hold top positions in average CTC, earning Rs 20.28 LPA and Rs 24.06 LPA, respectively. Interestingly, professionals securing Senior Machine Learning Engineer roles post-upskilling received one of the highest salary increments, securing an average hike of 150%.

Anshuman Singh, Co-founder of Scaler and InterviewBit, said – “Our aim at Scaler is to equip tech professionals with the skills needed to succeed in today’s competitive landscape. The findings of this placement report underscore the tangible benefits of upskilling in enhancing career prospects and meeting industry demands. As organisations across industries navigate rapid technological advancements, the demand for adaptable and skilled professionals continues to rise. Scaler’s commitment to providing an industry-aligned curriculum ensures our graduates possess the relevant skillsets that are highly sought after by leading tech employers. This not only empowers individuals to achieve their career goals but also contributes to a more skilled and future-proof tech workforce.”

The report reveals a trend of major tech companies, including Amazon, Microsoft, and Google, recruiting talent with these skills. Also, prominent names in other sectors like XpressBees, Walmart, Oracle, Salesforce, Samsung, and PayPal seek upskilled professionals. The demand extends to ITeS companies like TCS and Cognizant and professional services giants like Deloitte and EY.

“I initially joined Scaler to brush up on my fundamentals but got the whole grand package instead. And it was easily the best decision I could have made for myself! I got a much-needed skill boost and developed a focused and disciplined mindset that helped me pave my way towards companies like Microsoft and Oracle.” – Abinay Bingumalla, Scaler Academy alumni currently working for Oracle.

“I was already impressed with the first Masterclass. But when I began the DSML course, it was even better with my instructors, who taught me to code from scratch and helped me fight against my coding phobia. Learning about DSML every day is making me realise how broad its scope is. And especially with the emerging trends, this field is only bound to grow further.” – Sudhendu Kumar, Scaler DSML Alumni, currently working for Tata Motors.

As Scaler continues to expand its reach and impact, the company remains dedicated to transforming the landscape of tech education in India and beyond, equipping learners with the skills and knowledge needed to thrive in the dynamic tech industry. TIME Magazine has recognised the company’s dedication to upskilling tech talent and addressing the industry’s skills gap, ranking it #1 among the World’s Top EdTech Rising Stars of 2024.