Showing posts from May, 2021

Square Yards ends FY21 with Rs 350 Cr revenue and Rs 50Cr EBITDA; Q4 revenues up 47% at Rs 123 Cr

by Shrutee K/DNS New Delhi, May , 2021:  Square Yards, India’s largest integrated real estate platform today declared its full financial year FY21 results with  Rs 350 Cr revenue, up 17% Y-o-Y and EBITDA of Rs 50 Cr.  The Gross Transaction Value (GTV) stood at Rs 8112 Crs up 33% Y-o-Y. The company registered its  sixth consecutive profitable quarter in Q4 , clocking a  revenue of Rs 123 Crore, a 47% Y-o-Y increase  for the quarter with Rs 15.2Cr in EBITDA margins. Annualizing last quarter in dollar terms, Square Yards is now clocking  USD 70mn revenue  and  USD 10mn EBITDA  run rate. Tanuj Shori, Founder and CEO, Square Yard s said, “ This has been a breakout year for us where we were able to outperform the property industry by more than 70% and win substantial market share with double digit EBITDA margins. All the new business segments have started showing strong traction and we are on track to deliver US$85-90mn revenue in FY22.” Indian real estate operations contributed 50% to the o


by Shrutee K/DNS Veteran actress, Neena Gupta has been known for her immaculate fashion sense & enchanting personality. She will be seen playing the role of ‘Sardar’ Rupinder Kaur in the upcoming Netflix family-drama,  Sardar Ka Grandson . The film promises to take the viewers on a journey of a happy loving family that just like any other family has its own quirks and arguments. Neena Gupta spent a considerable amount of time prepping up for her character in the film.  Talking about her experience on the sets of Sardar ka Grandson, she said , “The team left me astounded by the amount of effort they put in helping me get the perfect look. Sometimes we went through  10 rounds of trying to get the prosthetics right. They also made sure to experiment with different kinds of materials so the prosthetics wouldn't hamper my performance. We braced ourselves for long and difficult painful sessions. A sincere amount of hardwork and dedication went in behind my look in the film, and thank

Aerospike Announces Strategy Giving Enterprises Instant Access to Any Data at Petabyte Scale

New Functionality Makes it Easier and More Efficient to Develop and Deploy Large Scale, Mission Critical AI and ML Applications that Drive Better Business Outcomes by Shrutee K/DNS India - May, 2021 — Aerospike Inc. ,  today unveiled an innovation strategy that leverages the scale and performance of its real-time data platform to enhance and streamline query capabilities on massive data sets. The strategy and first series of innovations—revealed during Aerospike Digital Summit—remove the bottlenecks from today's traditional data architectures that struggle to keep up with data ingest at the edge and  artificial intelligence (AI) and machine learning (ML) model  drift due to managing data across multiple disparate systems. Today's  “Reimagine Realtime” Summit  presentations showcased innovations and integrations in Aerospike Database 5 that enable massive data sets to run instantly at the edge and the core of the enterprise, enabling data models to be quickly updated with fresh

Sarthak Educational Trust and Credit Suisse empower People with Disabilities in Maharashtra

·           1,050 young people with disabilities (PwDs) trained over three years, with more than 70% securing job placements  by Shrutee K/DNS Mumbai,May 2021:  As part of a three-year collaboration, Credit Suisse, one of the world’s leading financial services providers, together with Sarthak Educational Trust, have trained  1,050 People with Disabilities (PwDs), 70%  of whom have secured job placements with various companies. In 2018, Sarthak Educational Trust and Credit Suisse initiated a three-year program to establish a skill development center in Thane, Maharashtra that provides training and skill development to PwDs, enabling them to find relevant career opportunities. Sarthak Educational Trust is focused on changing the lives of PwDs across India. With a vision to empower these individuals to be independent and self-sufficient, Sarthak Educational Trust is on a mission to establish Sarthak Adarsh Kendras, to build skills and provide PwDs and their families with access to early i

My Mom, My Icon! -An Iconic Forevermark Collection for The Icon in Your Life-

by Shrutee K/DNS Mumbai: May, 2021  – Ask any woman who her icon is – her answer will inevitably be ‘my mom’! That’s how important mothers are to their daughters. Their bond is as timeless as precious and sometimes as tough as a diamond! It’s a mother who knows exactly what her child needs be it encouragement, resilience, inspiration, courage or tough love! So, this Mother’s Day or any other day (her birthday, your birthday or just a Tuesday) show the icon of your life just how special she is by gifting her a diamond from the Forevermark Icon™ Collection. Exquisite in design contemporary in appeal, this collection inspired by the brilliance of a starry South African night sky, combined with the outline of a diamond is the perfect simile of a mother’s heart as expansive as the sky and as precious as a diamond. Forevermark Icon™ Collection, is a celebration of iconic mothers with a unique sense of self, set in 18K white, rose and yellow gold and crafted with natural diamonds, the collect

Global Study: 63% of Digital Leaders in Asia-Pacific Expect Long-term Changes to Where and How People Work

  Equinix report reveals changing working patterns spark surge in digital infrastructure investment by Shrutee K/DNS India  – May 11, 2021 –   Equinix, Inc.  (Nasdaq: EQIX), the world's digital infrastructure company™,  today announced the  findings of its annual global study  of the views of IT decision-makers on the biggest technology trends affecting businesses worldwide and the impact of the COVID-19 pandemic on digital infrastructure plans. Surveying 2,600 IT decision-makers from diverse enterprises across 26 countries in the Americas, Asia-Pacific and EMEA regions.  In Asia-Pacific, the study reveals :  ·    57%  of businesses have rearchitected their IT infrastructure to meet new remote and hybrid working demands, with tech budgets increasing to accelerate digital transformation ·    63%  of digital leaders believe there will be long-term changes to where and how people work within their organization ·    More than half (60%)  of the companies still intend to expand into new

OPPO Joins hands to support front line warriors in Hyderabad; donates 300 OPPO Band Style

Earlier this month the brand also donated 1000 oxygenators and 500 breathing machines worth Rs. 4.3 Crore to the Red Cross Society & Govt. of Uttar Pradesh and 5000 OPPO Band Style to frontline warriors OPPO Band Style helps in monitoring continuous blood oxygen saturation (Sp02) and real-time heart rate by Shrutee K/DNS National, May 1 1 , 2021:   In its contribution to India’s fight against the second wave of Covid -19, OPPO India recently extended additional support for frontline warriors who have been working tirelessly to keep the country safe.  With an aim to serve the most visible arm of the government, OPPO has pledged to donate 300 OPPO Band Style to Cyberabad police workforce. The band will always support them monitor their heart rate and Sp02 levels to keep a check on their safety. This step follows OPPO’s recent donation of 1000 oxygenators and 500 breathing machines worth Rs. 4.3 Crore to the Red Cross Society & Govt. of Uttar Pradesh. These machines will be distri

This World Password Day, GoDaddy offers security protections for small business websites

by Shrutee K/DNS India,May 2021 : Passwords provide a first line of security against  unauthorized access to the system and access to personal information. The stronger the password, the more protected your system can be from hackers and malicious software. But, complete security of a business website goes beyond just updating and having a strong password; it requires a comprehensive suite of online security solutions. And lack of a proper website security plan can cost small businesses not just money, but in loss of valuable data, time and reputation too. As per a recent ebook launched by CyberPeace Foundation (CPF), the United Nations Global Compact Network (UNGCNI), Autobot Infosec and The Institution of Electronics and Telecommunication Engineers (IETE), startups and small and medium businesses (SMEs) remain the most vulnerable segment in India when it comes to cyber-attacks. For small ventures, protecting against these threats may seem like a daunting challenge. Most business owne

Global Prime Residential Index witnesses an annual increase of 4.6%: Knight Frank Prime Global Cities Index Q1 2021

·           New Delhi ranks 32 nd  and Mumbai 36 th  outperforms Bengaluru (40 th ) ·           New York was the weakest-performing global city during the period, with luxury home prices falling by 5.8% by Shrutee K/DNS MUMBAI,May 2021:  Knight Frank , a leading international property consultancy, in its  ‘Prime Global Cities Index Q1 2021’  report cited that  Bengaluru  moves down four spots in the latest index at 40 th  rank in the first quarter of 2021. Against 36 th  rank in Q4 2020, Bengaluru saw a decline of 2.7 %  year-on-year (YoY) in prime residential prices, leading to the drop in global position. The premium micro-markets of the city recorded a fall of 0.6% in annual capital value change in Q1 2021 to an average price of Rs 19,200 per sq. ft. New Delhi and Mumbai  also move one spot down to 32 nd  and 36 th  rank, respectively, in Q1 2021 compared to 31 st  and 35 th  rank in Q4 2020. New Delhi on the global index remained unchanged in terms of annual capital value change in