– by Akash Pharande, Managing Director – Pharande Spaces Undoubtedly, urban flooding, especially in a country like India, which sees annual monsoons, can have serious economic consequences. These consequences are completely apart from the inconveniences and frayed tempers caused by pothole-raddled, awash streets. For example, excessive rains ruin crops – a serious matter in agriculture-driven nations where food prices are dictated by availability. Flooding can destroy or severely damage assets like automobiles, public utilities, and electrical grids, lead to excessive air pollution due to crawling traffic, and cause other economic…
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Luxury Housing Sales Double to 14% in H1 2022 from 7% in 2019
Approx. 25,680 luxury homes (units priced >1.5 Cr) were sold across the top 7 Indian cities in H1 2022, against 17,740 units in 2019; in H1 2022 itself, sales exceed those in entire 2019 MMR saw the highest luxury home sales – over 13,670 units sold in H1 2022, followed by NCR with 4,160 units In overall sales share, MMR’s luxury housing sales share increased from 13% in 2019 to 25% in H1 2022; in NCR, sales share rose to 12% from 4% in the same period Affordable housing (<INR…
Read MoreNeiman Marcus Group opens Global Capabilities Center in India
The U.S.-based integrated luxury retailer partners with ANSR to launch its Bangalore Corporate Hub, seeking new strategic talent with ambitions for continued growth BANGALORE, India , July 27, 2022 /PRNewswire/ — Neiman Marcus Group (NMG), the U.S. integrated luxury retailer that includes Neiman Marcus and Bergdorf Goodman, today inaugurated its new Global Capabilities Center (NMG|GCC) in Bangalore. NMG, with its more than 10,000 associates, offers its customers the most exclusive products from the world’s most desirable brand partners. The company delivers exceptional products and intelligent services that are powered by investments…
Read MoreEdvoy provides free online IELTS classes for all international students
CHENNAI, India, July 21, 2022 /PRNewswire/ — Edvoy, a tech platform that supports and enables international study abroad, is providing free online IELTS classes, in partnership with New College Group (NCG). IELTS (International English Language Testing System) scores are required to gain admission to undergraduate and postgraduate courses in the UK, Canada, USA, Ireland, Australia and New Zealand. Partnering UK-based NCG, Edvoy offers free online classes by DELTA Qualified Teachers. Students register on the Edvoy website to take part in the classes. There are lessons available for IELTS Reading, IELTS Writing, IELTS…
Read MoreSTL wins approximately INR 250 crore deal for building Indian telecom operator’s optical network
MUMBAI, India, July 19, 2022 /PRNewswire/ — STL (NSE: STLTECH), an integrator of digital networks, today announced a deal with one of India’s leading telecom operators. Pursuant to this arrangement, STL seeks to fulfil the telecom operator’s requirement for setting up a high-performance, modern communication network in India. STL, already a leading network modernisation partner for the telecom player, further strengthens its relationship with the telco with this deal. With this multi-year deal, worth ~INR 250 crore, STL aims to provide specialised optical fibres and deployment services to build the service provider’s…
Read MoreGeospatial Industry Luminary Hired as Senior Strategic Advisor at AAM, a Woolpert Company
MELBOURNE, Australia, July 18, 2022 /PRNewswire/ — Zaffar Sadiq Mohamed-Ghouse, Ph.D., a global geospatial leader, has joined the leadership team at AAM, a Woolpert Company. Mohamed-Ghouse will serve as a senior advisor for strategy and innovation within Woolpert’s geospatial leadership team, further strengthening the global geospatial company’s services and capabilities. Mohamed-Ghouse brings more than 25 years of experience with international engineering consultancies, working across government, academic, research and corporate sectors. He has held senior leadership roles at multilateral geospatial organisations, including United Nations Global Geospatial Information Management-Networks and World Geospatial Industry…
Read MoreWe-Ace to Host 3rd Edition of Spark, a Gender Diversity Leadership Conclave with Support from Google
We-Ace, a leading platform for aspiring women, has announced the 3rd edition of its annual conclave ‘Spark-2022’ to be held on July 15th 2022. The agenda of this conclave is focused on building thought leadership in making the world more balanced. Over 7000 people from different industries and countries are expected to attend this one-day conclave. Google, IBM, Walmart Global Tech, Perfetti Van Melle (PVM), and FutureSkills Prime – a MeitY – NASSCOM Digital Skilling Initiative. are the key Partners of this conclave. 30+ prominent speakers will speak in the…
Read More2021, A Blowout Year for PE Investments in Tech Services, says Zinnov
~ 670+ PE-led deals took place in Tech Services in 2021 alone ~ ~ India emerges as a mature market for PE deals in Tech Services ~ BANGALORE, India, July 13, 2022 /PRNewswire/ — 2021 was an extraordinary year for Private Equity (PE) investments in the Technology Services industry. The year not only bore witness to India-based Tech Services assets gaining increasing traction from PE investors, but also saw some of the largest value Tech Services deals taking place in the Indian market. A clear indication of India’s maturing Tech…
Read MoreEbixCash’s Payments Solution Division Receives Two Awards from the World’s Second Largest Consumer Remittance Company – Ria
MUMBAI, India, July 12, 2022 /PRNewswire/ — EbixCash Limited, a technology enabled provider of digital products and services in the B2C, B2B and financial technology arena, today announced that its Payments Solution Division has been honored with two awards for leading the growth of Euronet Worldwide, Inc.’s Ria Money Transfer business in India. Ria is the second largest consumer remittance company in the world today. EbixCash – a subsidiary of Ebix, Inc. (NASDAQ: EBIX) is a leader in the international remittance business in India, based on gross transactional value. Dr. Emil…
Read MoreOdisha Declared as Top Performer in State Start-up Ranking 2021 by DPIIT
Odisha has been declared as Top Performer in State Start-up Ranking 2021 by Department for Promotion of Industry and Internal Trade (DPIIT) released by Piyush Goyal, Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles on 4th July 2022 in a felicitation ceremony in New Delhi. Dr. Omkar Rai, Executive Chairman of Startup Odisha received the award. Dr. Omkar Rai, Executive Chairman, Startup Odisha receiving the award Commenting upon the occasion, Dr. Omkar Rai, Executive Chairman of Startup Odisha said, “It is an honor to be…
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