The goal of Indian Chess Masters is to provide world champions to India.

Telugu super news,India,May 3,2024: Social activist Arun Jupally said that Indian Chess Masters and Ekagra Chess Academies aim to provide India with world champions in the game of chess. Inaugurating the Grand Masters Coaching Camp at the Indian Chess Masters Center in Begumpet, Hyderabad, today, he said that he is conducting such training camps in Hyderabad and imparting the best training to the children and students and molding them into future generations of Grand Masters.

Arun Jupally said that the game of chess invented by Indians is known as the smartest game in the world. Concentration, self-confidence, and memory will increase with chess. Singing to train children In particular, the 13th Indian Grandmaster, Dipan Chakraborty, who came from Chennai, said that chess is a sport played by people of all ages.

Indian Chess Masters Coach Chaitanya Suresh said that the children trained by them “not only show their best talent in various categories but also get selected for national-level chess competitions. Ekagra Chess Academy CEO Sandeep Naidu said on the occasion that the Grand Master Training Camp will be held from today to 12th jointly by their two institutions. He said that it was being conducted.

Grand Master Dipan Chakraborty said that this is the first time that a Grand Master training camp has not been organized anywhere in Telangana, and it is being conducted here after Chennai. Everyone aspired to take advantage of this opportunity and become Grand Masters.

Mohammed Sohail, a young actor, said that this is a wonderful opportunity for the players of Hyderabad to become grandmasters, and the children here should win the world championship in chess. Anya Rangineni, a young chess player, said that the coaches here would help them grow. Parents of children participated in this program along with Sravanti Gummadi and others.

చెస్ విశ్వ విజేతలను భారత్ కు అందించడమే ఇండియన్ చెస్ మాస్టర్స్ లక్ష్యం: అరుణ్ జూపల్లి

తెలుగు సూపర్ న్యూస్,హైదరాబాద్,మే 3,2024: చెస్ క్రీడలో విశ్వవిజేతలను భారత్ కు అందించడమే ఇండియన్ చెస్ మాస్టర్స్, ఏకగ్రా చెస్ అకాడమీలు లక్ష్యంగా పెట్టుకున్నాయని సోషల్ యాక్టివిస్ట్ అరుణ్ జూపల్లి అన్నారు. ఈరోజు హైదరాబాద్ బేగంపేట్లోని ఇండియన్ చెస్ మాస్టర్స్ సెంటర్లో గ్రాండ్ మాస్టర్స్ కోచింగ్ క్యాంపును ప్రారంభిస్తూ ఆయన హైదరాబాద్ లో ఇలాంటి శిక్షణా శిబిరాలనునిర్వహిస్తూ పిల్లలకు, విద్యార్థులకు అత్యుత్తమ శిక్షణ ఇచ్చి భవిష్యత్ తరాల గ్రాండ్ మాస్టర్లుగా వారిని రూపుదిద్దుతున్నారని చెప్పారు.

భారతీయులు కనిపెట్టిన చదరంగం క్రీడ ప్రపంచంలో తెలివైన ఆటగా ప్రసిద్ధికేక్కిందని చెస్ తో ఏకాగ్రత, ఆత్మవిశ్వాసం, జ్ఞాపకశక్తి పెరుగుతాయని అరుణ్ జూపల్లి అన్నారు. పిల్లలకు శిక్షణ ఇచ్చేందుకు గాను ప్రత్యేకించి చెన్నయ్ నుంచి వచ్చిన 13వ ఇండియన్ గ్రాండ్ మాస్టర్ దీపన్ చక్రవర్తి మాట్లాడుతూ..-చెస్ అన్ని వయసుల వారు ఆడే క్రీడా అని ఈ ఆట లో వారికి తగిన మెళ కువలు సూచనలు ఇస్తే వారు రానున్న రోజుల్లో మేటి క్రీడా కారులుగా జాతీయ, అంతర్జాతీయ స్థాయిలో విజయాలను సాధించే లా తీర్చి దిద్దడం తన ధ్యేయమని చెప్పారు.

ఇండియన్ చెస్ మాస్టార్స్ కోచ్ చైతన్య సురేష్ మాట్లాడుతు – తమ దగ్గర శిక్షణ పొందిన పిల్లలు ” వివిధ కాటగిరిలలో అత్యుత్తమ ప్రతిభను ప్రదర్శించడమే కాకుండా జాతీయ స్థాయి చదరంగం పోటీలకు ఎంపికవుతున్నారని చెప్పారు. ఏకగ్రా చెస్ అకాడమీ సీఈఓ సందీప్ నాయుడు ఈ సందర్భంగా మాట్లాడుతూ-గ్రాండ్ మాస్టర్ శిక్షణా శిబిరం ఈ రోజు నుంచి12వ తేదీ వరకు తమ రెండు సంస్థలు సంయుక్తంగా నిర్వహిస్తున్నాయని అన్నారు.

ఇంతవరకూ తెలంగాణ మొత్తంలో ఎక్కడా గ్రాండ్ మాస్టర్ శిక్షణా శిబిరం నిర్వహించలేద ని మొట్ట మొదటిసారిగా హైదరాబాద్ లో నిర్వహిస్తున్నామని గ్రాండ్ మాస్టర్ దీపాన్ చక్రవర్తి చెన్నయ్ తర్వాత ఇక్కడే శిక్షణ ఇస్తున్నారని చెప్పారు. ఈ అవకాశాన్ని అందరూ సద్వినియోగం చేసుకొని గ్రాండ్ మాస్టార్లుగా ఎదగాలని ఆకాక్షించారు.

హైదరాబాద్ క్రీడాకారులు గ్రాండ్ మాస్టార్లుగా ఎదగడానికి ఇది అద్భుత అవకాశమని, ఇక్కడ వున్న పిల్లలు చెస్ లో వరల్డ్ చాంపియన్షిప్ సాధించాలని యువనటుడు మహమ్మద్ సోహేల్ అన్నారు. యువ చెస్ క్రీడాకారిణి అన్య రంగినేని మాట్లాడుతూ తాము ఎదగడానికి ఇక్కడి కోచ్ లు తమ సహాయ సహకారాలు అందిస్తారని అన్నారు. ఈ కార్యక్రమంలో స్రవంతి గుమ్మడి, తదితరులతో పాటు చిన్నారుల తల్లితండ్రులు పాల్గోన్నారు.

Financial Results (Indian Gaap) For The Quarter And Year Ended March 31, 2024

Telugu super news,April 20,2024:The Board of Directors of HDFC Bank Limited approved the Bank’s (Indian GAAP) results for the quarter and year ended March 31, 2024, at its meeting held in Mumbai on Saturday, April 20, 2024. The accounts have been subjected to an audit by the statutory auditors of the Bank.

CONSOLIDATED FINANCIAL RESULTS:

The Bank’s consolidated net revenue grew by 133.6% to ₹ 807.0 billion for the quarter ended March 31, 2024 from ₹ 345.5 billion for the quarter ended March 31, 2023. The consolidated profit after tax for the quarter ended March 31, 2024 was ₹ 176.2 billion, up 39.9%, over the quarter ended March 31, 2023. Earnings per share for the quarter ended March 31, 2024 was ₹ 23.2 and book value per share as of March 31, 2024 was ₹ 600.8.

The consolidated profit after tax for the year ended March 31, 2024 was ₹ 640.6 billion, up 39.3%, over the year ended March 31, 2023.

STANDALONE FINANCIAL RESULTS:

Profit & Loss Account: Quarter ended March 31, 2024

The Bank’s net revenue grew by 47.3% to ₹ 472.4 billion (including transaction gains of ₹ 73.4 billion from stake sale in subsidiary HDFC Credila Financial Services Ltd) for the quarter ended March 31, 2024 from ₹ 320.8 billion for the quarter ended March 31, 2023.

Net interest income (interest earned less interest expended) for the quarter ended March 31, 2024 grew by 24.5% to ₹ 290.8 billion from ₹ 233.5 billion for the quarter ended March 31, 2023. Core net interest margin was at 3.44% on total assets, and 3.63% based on interest earning assets.

Other income (non-interest revenue) for the quarter ended March 31, 2024 was ₹ 181.7 billion as against ₹ 87.3 billion in the corresponding quarter ended March 31, 2023. The four components of other income for the quarter ended March 31, 2024 were fees & commissions of ₹ 79.9 billion (₹ 66.3 billion in the corresponding quarter of the previous year), foreign exchange & derivatives revenue of ₹ 11.4 billion (₹ 10.1 billion in the corresponding quarter of the previous year), net trading and mark to market  gain of ₹ 75.9 billion, including transaction gains of ₹ 73.4 billion mentioned above (loss of ₹ 0.4 billion in the corresponding quarter of the previous year) and miscellaneous income, including recoveries and dividend of ₹ 14.4 billion (₹ 11.3  billion in the corresponding quarter of the previous year).

Operating expenses for the quarter ended March 31, 2024 were ₹ 179.7 billion, an increase of 33.5% over ₹ 134.6 billion during the corresponding quarter of the previous year. Operating expenses for the quarter ended March 31, 2024 included staff ex-gratia provision of ₹ 15 billion. The cost-to-income ratio for the quarter was at 38.0%. Excluding certain transaction gains and the ex-gratia provision, cost to income ratio for the quarter was at 41.3%.

The credit environment in the economy remains benign, and the Bank’s credit performance across all segments continues to remain healthy. The Bank’s GNPA at 1.24% has shown an improvement over the prior quarter. The Bank has considered this as an opportune stage to enhance its floating provisions, which are not specific to any portfolio, but act as a countercyclical buffer for making the balance sheet more resilient, and these also qualify as Tier 2 Capital within the regulatory limits. Therefore, the Bank has made floating provisions of ₹ 109.0 billion during the quarter.

Provisions and contingencies for the quarter ended March 31, 2024 were ₹ 135.1 billion (including the floating provisions of ₹ 109.0 billion mentioned above). Provisions and contingencies, excluding the floating provisions, for the quarter ended March 31, 2024 were ₹ 26.1 billion as against ₹ 26.9 billion for the quarter ended March 31, 2023.

The total credit cost ratio (excluding the floating provisions mentioned above) was at 0.42%, as compared to 0.67% for the quarter ending March 31, 2023.

Profit before tax (PBT) for the quarter ended March 31, 2024 was at ₹ 157.6 billion. Profit after tax (PAT) for the quarter, after certain tax credits, was at ₹ 165.1 billion, an increase of 37.1% over the quarter ended March 31, 2023.

Balance Sheet: As of March 31, 2024

Total balance sheet size as of March 31, 2024 was ₹ 36,176 billion as against ₹ 24,661 billion as of March 31, 2023.

Total Deposits were at ₹ 23,798 billion as of March 31, 2024, an increase of 26.4% over March 31, 2023. CASA deposits grew by 8.7% with savings account deposits at ₹ 5,987 billion and current account deposits at ₹ 3,100 billion. Time deposits were at ₹ 14,710 billion, an increase of 40.4% over the corresponding quarter of the previous year, resulting in CASA deposits comprising 38.2% of total deposits as of March 31, 2024.

Gross advances were at ₹ 25,078 billion as of March 31, 2024, an increase of 55.4% over March 31, 2023. Grossing up for transfers through inter-bank participation certificates and bills rediscounted, advances grew by 53.8% over March 31, 2023. Domestic retail loans grew by 108.9%, commercial and rural banking loans grew by 24.6% and corporate and other wholesale loans (excluding non-individual loans of eHDFC Ltd of approximately ₹ 807 billion) grew by 4.2%. Overseas advances constituted 1.5% of total advances.

Year ended March 31, 2024

For the year ended March 31, 2024, the Bank earned net revenues (net interest income plus other income) of ₹ 1,577.7 billion, as against ₹ 1,180.6 billion for the year ended March 31, 2023. Net interest income for the year ended March 31, 2024, crossed ₹ 1 trillion and was ₹ 1,085.3 billion, up 25.0%, over the year ended March 31, 2023.

Profit after tax for the year ended March 31, 2024 was ₹ 608.1 billion, up by 37.9% over the year ended March 31, 2023.

Capital Adequacy:

The Bank’s total Capital Adequacy Ratio (CAR) as per Basel III guidelines was at 18.8% as on March 31, 2024 (19.3% as on March 31, 2023) as against a regulatory requirement of 11.7%. Tier 1 CAR was at 16.8% and Common Equity Tier 1 Capital ratio was at 16.3% as of March 31, 2024. Risk-weighted Assets were at ₹ 24,680 billion.

DIVIDEND

The Board of Directors recommended a dividend of ₹ 19.5 per equity share of ₹ 1 for the year ended March 31, 2024. This would be subject to approval by the shareholders at the next annual general meeting.

NETWORK

As of March 31, 2024, the Bank’s distribution network was at 8,738 branches and 20,938 ATMs across 4,065 cities / towns as against 7,821 branches and 19,727 ATMs across 3,811 cities / towns as of March 31, 2023. 52% of our branches are in semi-urban and rural areas. In addition, we have 15,182 business correspondents, which are primarily manned by Common Service Centres (CSC). The number of employees were at 2,13,527 as of March 31, 2024 (as against 1,73,222 as of March 31, 2023).

ASSET QUALITY

Gross non-performing assets were at 1.24% of gross advances as on March 31, 2024, as against 1.26% as on December 31, 2023, and 1.12% as on March 31, 2023. Net non-performing assets were at 0.33% of net advances as on March 31, 2024.

SUBSIDIARIES 

Amongst the Bank’s key subsidiaries, HDFC Life Insurance Company Ltd and HDFC ERGO General Insurance Company Ltd prepare their financial results in accordance with Indian GAAP and other subsidiaries do so in accordance with the notified Indian Accounting Standards (‘Ind-AS’). The financial numbers of the subsidiaries mentioned herein below are in accordance with the accounting standards used in their standalone reporting under the applicable GAAP.

HDB Financial Services Ltd (HDBFSL), in which the Bank holds an 94.6% stake, is a non-deposit taking NBFC offering wide a range of loans and asset finance products. For the quarter ended March 31, 2024, HDBFSL’s net revenue was at ₹ 22.9 billion as against ₹ 22.6 billion for the quarter ended March 31, 2023, a growth of 1.2%. Profit after tax for the quarter ended March 31, 2024 was ₹ 6.6 billion compared to ₹ 5.5 billion for the quarter ended March 31, 2023, a growth of 20.3%. Profit after tax for the year ended  March 31, 2024 was ₹ 24.6 billion compared to ₹ 19.6 billion for the year ended March 31, 2023. The total loan book was ₹ 902 billion as on March 31, 2024 compared to ₹ 700 billion as on March 31, 2023, a growth of 28.8%. Stage 3 loans were at 1.90% of gross loans. As on March 31, 2024, total CAR was at 19.2% with Tier-I CAR at 14.1%.

HDFC Life Insurance Company Ltd (HDFC Life), in which the Bank holds a 50.4% stake, is a leading, long-term life insurance solutions provider in India. For the quarter ended March 31, 2024, HDFC Life’s total premium income was at ₹ 209.4 billion as against ₹ 196.3 billion for the quarter ended March 31, 2023, a growth of 6.7%. Profit after tax for the quarter ended March 31, 2024 was ₹ 4.1 billion compared to ₹ 3.6 billion for the quarter ended March 31, 2023, a growth of 14.8%. Profit after tax for the year ended March 31, 2024 was ₹ 15.7 billion compared to ₹ 13.6 billion for the year ended March 31, 2023.

HDFC ERGO General Insurance Company Ltd (HDFC ERGO), in which the Bank holds a 50.5% stake, offers a complete range of general insurance products. For the quarter ended March 31, 2024, premium earned (net) by HDFC ERGO was at ₹ 24.2 billion as against ₹ 21.3 billion for the quarter ended March 31, 2023, a growth of 13.7%. Loss after tax for the quarter ended March 31, 2024 was ₹ 1.3 billion, as against profit after tax of ₹ 2.1 billion for the quarter ended March 31, 2023. Profit after tax for the year ended March 31, 2024 was ₹ 4.4 billion compared to ₹ 6.5 billion for the year ended March 31, 2023.

HDFC Asset Management Company Ltd (HDFC AMC), in which the Bank holds a 52.6% stake, is the Investment Manager to HDFC Mutual Fund, one of the largest mutual funds in India and offers a comprehensive suite of savings and investment products. For the quarter ended March 31, 2024, HDFC AMC’s Quarterly Average Assets Under Management were approximately ₹ 6,129 billion, a growth of 36.3% over the quarter ended March 31, 2023. Profit after tax for the quarter ended March 31, 2024 was ₹ 5.4 billion compared to ₹ 3.8 billion for the quarter ended March 31, 2023, a growth of 43.8%. Profit after tax for the year ended March 31, 2024 was ₹ 19.5 billion compared to ₹ 14.2 billion for the year ended March 31, 2023.

HDFC Securities Ltd (HSL), in which the Bank holds a 95.1% stake, is amongst the leading broking firms in India. For the quarter ended March 31, 2024, HSL’s total revenue was ₹ 8.6 billion, as against ₹ 4.9 billion for the quarter ended March 31, 2023. Profit after tax for the quarter was at ₹ 3.2 billion, as against ₹ 1.9 billion for the quarter ended March 31, 2023, a growth of 64.2%. Profit after tax for the year ended March 31, 2024 was ₹ 9.5 billion compared to ₹ 7.8 billion for the year ended March 31, 2023.

Shiv Nadar Institution of Eminence Announces Admissions for Academic Year 2024-25

Telugu super news, Hyderabad, 19 April 2024: Shiv Nadar Institution of Eminence, Delhi-NCR on Friday held an interaction with media in Hyderabad about the admission process, research-based courses it offers, and its brilliant track record with placements.

The university is currently accepting applications to 17undergraduate programs across its four schools in Engineering, Natural Sciences, Management and Entrepreneurship, and Humanities and Social Sciences for 2024-25.

The University’s research-intensive undergraduate program provides global perspectives,through its multidisciplinary approach based on the foundations of value, ethics, and leadership.

Home to over 150 labs equipped with state-of-the-art facilities, the undergraduate programsempower students with the expertise to thrive in an evolving landscape. Tutored by faculty drawn from the best universities in India and across the world, students are given a firm grounding in research and critical thinking making them a globally competitive talent.

Graduates from university pursue higher education in top institutions in India and abroad, some even securing direct entry to PhD programs after their undergraduate degrees.

Understanding the symbiotic relationship between education and placements, the university’s Career Development Center trains and provides students with job opportunities. The university’s strong links with multinationals like Google, Microsoft, Dell, Goldman Sachs, L&T, UBS Group, S&P Global, IBM, Airbus, HCLTech, Tata Poweramong others provide an array of job opportunities.

Interacting with the media, Dr. Rajeev Kumar Singh, Associate Professor and Chairperson,Admissions at Shiv Nadar University Delhi-NCR said, “Students from Telangana and the city of Hyderabad constitute a sizeable number in our diverse and inclusive campus. We are hopeful that like the previous years, this year too we will see an overwhelming response from Hyderabad for all our programmes.”

The application form isavailable on the university’s official website (http://www.snu.edu.in/home). For 2024-25, the university has introduced a new scholarship for students who top in academic performance in their respective schools in Grade 12. Details about the scholarships are available here: scholarship@snu.edu.in

Established in 2011, the university is spread across a 286-acre residential campus with approximately 3000 students and 250+ faculty. It was awarded the ‘Institution of Eminence’ status in 2022.

MULTIPLE BENEFITS FOR STUDENTS

The University has globally distinguished faculty members with rich and diverse experience in their respective fields. The opportunities to learn extend well beyond the classroom, with 50+ clubs and societies. Some of the popular clubs include collaborative design for sustainability, Model United Nations, artificial Intelligence, photography, robotics and many more.

Sports and physical well-being are an integral part of learning and growth at the University. It is home to world-class sporting infrastructure and offers a choice of activities to students. These include a 90,000-sq. feet grand Indoor Sports Complex and 5,71,410 square feet of international standard outdoor playing fields and multiple options including squash, badminton, equestrian training etc.

Augmented Reality Navigation in TKRAt Landmark Hospitals

Telugu super news,Hyderabad, april 18,2024:Total Knee Replacement (TKR) is a very common and highly successful surgery. Success rates are over 95% and average durability is over 20 – 25 years. In India every year about 3 lakh TKRs are performed.

To improve the outcomes further ‘accuracy’ of implant placement is one way. To do that several
techniques were developed.

What is AUgmented Reality TKR technology:


Speaking to the media Dr. Sudhir Reddy, Chief Orthopeadic Surgeon, Landmark Hospitals
said, by using the cutting edge tracking system and Augmented Reality tools to give the
surgeon ability to achieve accurate alignment, projects Augmented Reality vision to the surgical
field, making accurate placement of implants seamless without having to use invasive tools.Also
the surgeon is in total control of the procedure white the technology only assists or guides.

AR technology s the latest and most advanced technological development in the field of TKR. It
gives the accuracy of Robotic TKR without the damage and restrictions associated with Robotic
TKR. Also because of perfect alignment in implant fixation, the longevity of TKR is likely to
increase.

AR TKR Advantages over Robotic TKR

Augmented Reality TKR Robotic TKR
Accuracy Good Good
Invasive (damage to tissues) Less More
Incision Small Large
Complications such as
frcature, infection

Less More
Surgeon Control Full Partial
Implant Choice Complete No choice
Radiation risk Nil Yes (CT scan)


In Telangana and Andhra Pradesh – 1st Augmented Reality TKR was conducted at
Landmark hospitals on 27th Feb’24 by Dr Sudhir Reddy’s team. Now nearly 70 surgeries
have been done using AR technology.


Patient experiences:
Mr Prasad Reddy, 64 yrs had bilateral TKR using AR technology one week ago. He says ‘ I
underwent both knee replacement surgeries two days ago. I have very minimal pain and already
able to walk independently without any support. I am discharged with in two days. I am able to
climb stairs also. I am surprised at such quick recovery and minimal pain.


Mrs Saroja, 58 yrs said ‘after undergoing TKR using AR technology I got Discharged With in
one day and have been walking independently. After 2 days I even did some work in kitchen.
Initially i was so afraid of pain and had postponed the surgery for a long time and suffered. Now
i feel like it is new life and I am surprised at how quick the recovery is.

PhonePe’s Share.Market Introduces Futures & Options Segment with focus on Intelligence

Telugu super news,National,April 18,2024: Share.Market, a PhonePe product, today announced the launch of its Futures and Options (F&O) segment. This addition marks a significant milestone in the platform’s mission to empower traders with comprehensive trading tools and resources which will facilitate an enhanced trading experience with a dedicated focus on the Intelligence layer.

Within seven months of the launch of the business, total Share.Market lifetime customers are over 1.55M with over 1.4M monthly active MF SIP transactions. In addition, Share.Market has been able to provide access to Intelligence to over 75,000+ users (daily app engagement) with 1.5L demat accounts. 

The introduction of F&O capabilities on Share.Market enhances the platform’s offerings, with a comprehensive Option chain analysis to track Options. Futures and Options contracts across various Indices and Stocks play a role in Investor and Trader journey to manage risk, hedge positions, and enhance the overall return profile through efficient portfolio management.  To bring more Intelligence, trader focused data points around greeks and strategy building with effective money management will be rolled out. 

Key features of the F&O offering include:

  1. Robust Trading Interface: A user-friendly interface designed to streamline the trading process, enabling Traders to execute F&O trades with ease and efficiency. Effective risk management capabilities around tracking and managing orders includes optimal capital allocation and timely exits. 
  2. Evolving Intelligence layer: Enhanced Option Chain with Max Pain, Put Call Ratio (PCR) and easy visualization of Open Interest (OI) change, together with charting capabilities of individual Future and Option instruments has been launched. Many more features around hedging, mechanics for strategy selection, building blocks behind strategy execution and management are all in the pipeline.  
  3. Leveraging Pledge for Margin Trading: For seasoned traders, there is an option of getting collateral margin through pledging of existing holdings. 
  4. Educational resources: Along with an Intelligence layer on the platform, augmenting with access to educational resources, tutorials, and webinars to help traders deepen their understanding of F&O trading strategies and concepts.

Talking about the launch of F&O, Ujjwal Jain, CEO, Share.Market said, “As Investors and Traders empower themselves to Invest and Trade better, Share.Market has been able to take the ambitious steps to elevate Discount Broking powered by Intelligence.” He further added, “With the launch of Futures and Options trading to our platform, we are further expanding our suite of offerings. This addition will further strengthen our efforts to empower investors and traders with the tools and resources they need to navigate today’s dynamic financial markets.”

The launch of the F&O feature underscores Share.Market’s dedication to innovation and customer-centricity. By continuously enhancing its platform with new features and capabilities, Share.Market remains at the forefront of the industry, catering to the evolving needs of investors and traders.

Launched in August end 2023, Share.Market elevates discount broking by providing market intelligence, quantitative research-based WealthBaskets, a scalable technology platform, and a great customer experience for investors and traders alike. It provides a wide spectrum of investment products allowing investors across different demographics to build a well-rounded and balanced portfolio. Share.Market offers stocks (intraday and delivery), Exchange-Traded Funds (ETFs), Mutual Funds, and WealthBaskets. 


Website: https://share.market
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Court Order Exposes Criminal Intimidation Methods of Financial Fraud’s Victims Welfare Association against QNET India

Telugu super news,April 10, 2024: In a major ruling on April 2nd, 2024, Vihaan Direct Selling (India) Pvt. Ltd, the exclusive franchise of QNET in India, secured a crucial court order from the City Civil & Sessions Court of Bangalore. The order effectively puts a stop to the smear
campaign orchestrated by the FINANCIAL FRAUD’S VICTIMS WELFARE ASSOCIATION
and its members GURUPREET SINGH INDERJEETSINGH ANAND, PHANIDRA,
ANUJA KOTECHA and SURENDRA MUKAITRA against QNET’s operations in India.


The court’s interim order prohibits the Association and its members from making false and
unverified statements regarding QNET’s business activities. Specifically, they are barred
from organizing press conferences or disseminating defamatory content aimed at tarnishing
the reputation of Vihaan and its business partners. For over a decade, the defendants have
employed criminal intimidation tactics and baseless allegations to undermine QNET and
Vihaan’s credibility. Their efforts included social media campaigns and public demonstrations
aimed at damaging the QNET brand and impugning the professionalism of Vihaan’s
employees.


The court’s ruling comes in response to the Association’s recent press conference in
Hyderabad on March 17th, 2024 where they sought to discredit QNET’s business operations
in India. The April 2nd order unequivocally rejects these allegations and condemns the
Association’s propaganda tactics.


The court denounced the defendants’ actions as blatant blackmail and emphasized that
freedom of speech does not extend to making defamatory statements against legitimate
businesses operating within the bounds of the law. “The words expressed by the
defendants are extreme, and shocking. Which is clear cut case of blackmailing the
company, which is working by registering under the provisions of the law of this
court. In fact, the defendants on the guise that they have a right to speak cannot
make such a defamatory derogatory statements against anybody, never-the-less
against the plaintiff company”, observed the court.


The court also uncovered attempts by the Association to disrupt QNET’s supply chain by
pressuring service providers like TCI Corporation and logistic partners like Blue Dart and
India Post. However, investigations revealed that services continue uninterrupted, debunking
the Association’s claims. It was observed that as per the High Court of Karnataka order, in
favour of Vihaan – W.P. 7603/2024, dated 13/03/2024, the services of India Post
continue.


Furthermore, the court remarked that previous legal proceedings have already dismissed
allegations of QNET operating illegal pyramid or ponzi schemes in India. Both the Supreme
Court’s Stay Order (as early as March 2017) and the High Court of Karnataka’s FIR-
Quashing order (February 2017) point towards the legitimacy of Vihaan’s business
operations, refuting any insinuations of wrongdoing.


Any allegation linking QNET or Vihaan to tragic incidents, such as suicides, is baseless and
without merit. QNET, with its 26-year legacy, remains committed to delivering high-quality
products and supporting its independent distributors across India.


This court order marks a significant victory for QNET and underscores the importance of
upholding truth and fairness in public discourse. As QNET continues its mission to empower
individuals through entrepreneurship, it remains steadfast in its dedication to integrity and
transparency.

Singapore Tourism Board (STB) and PhonePe enter a two-year strategic partnership to promote UPI payments for Indian visitors in Singapore

Telugu super news,National, April 8th,2024: The Singapore Tourism Board (STB) and PhonePe have entered a two-year Memorandum of Understanding (MoU). At a signing ceremony held on the morning of Wednesday, April 3rd, STB’s Chief Executive, Melissa Ow, and Ritesh Pai, Chief Executive Officer,  International Payments Business for PhonePe , formally signed the MoU. This collaboration builds upon the existing Unified Payments Interface (UPI) linkage between India and Singapore, which allows customers to instantly make cross border transaction between the two countries directly from their existing Indian bank accounts.

As part of the partnership, STB and PhonePe will invest in joint marketing efforts across India and Singapore, to promote the destination’s vibrant offerings and seamless UPI experiences across key tourism hotspots.

This strategic milestone – the first of its kind between a destination and a UPI payments platform – underscores the shared commitment of STB and PhonePe to add value to the overall experience of travellers exploring the vibrant city of Singapore by making it possible for them to use familiar services like UPI payments during their stay. As one of the most vibrant urban destinations in the region, Singapore is well known for its iconic landmarks and rich heritage precincts, each with its own charm. With a host of extraordinary retail, culinary, and adventure hot spots that await every traveller, this move will further unlock seamless exploration of Singapore’s diverse attractions and offerings that has attracted Indian travellers.

Melissa Ow, Chief Executive, Singapore Tourism Board, said: “We are excited to announce our alliance with PhonePe, a leading Fintech player in India. This partnership exemplifies our dedication to enhancing the Singapore visitor experience for discerning, tech-savvy consumers. By seamlessly integrating Singapore’s exceptional offerings into the digital realm, our goal is to streamline payments across the traveller’s experience and promote curated deals, from attractions and retail to dining and nightlife. This initiative reflects STB’s commitment to innovation and customer-centricity in the travel industry.”

Ritesh Pai, Chief Executive Officer, PhonePe, International Business for PhonePe Private Limited, said: “Singapore is a dynamic destination with unique offerings that are well appreciated and celebrated among Indian travellers. Partnering with STB will facilitate ease of transactions for PhonePe users who now can just pay directly from their existing bank account by scanning a QR code when visiting the island-city.”

Blue Cloud honored by CISF for Contributing to the Security of Hyderabad Airport

Telugu super news,Hyderabad, April 8, 2024: Hyderabad based Blue Cloud Softech Solutions Ltd was felicitated by Deputy Inspector General (DIG) D. Shyamala of the Central Industrial Security Force (CISF), acknowledging our contribution of state-of-the-art firewalls and security equipment to enhance the safety protocols at Hyderabad’s Rajiv Gandhi International Airport.

This partnership underscores our unwavering commitment to supporting our nation’s critical infrastructure with the latest in cybersecurity and safety technologies. The donated equipment is designed to fortify the airport’s digital defenses, ensuring the safety and security of millions of passengers and staff.

“We are deeply honored to receive recognition from such a prestigious body as the CISF,” stated Janaki Yarlagadda, Executive Director, Blue Cloud Softech Solutions Ltd. “This collaboration is a testament to our dedicated team’s hard work and the trust placed in us by the CISF. Together, we are setting new standards for airport security.”

This initiative is part of Blue Cloud Softech Solutions Ltd’s ongoing commitment to give back to our community and contribute to national security efforts. We believe that through strategic partnerships and the application of innovative technologies, we can create a safer and more secure future for everyone.

We extend our heartfelt thanks to DIG D. Shyamala and the entire CISF team for this honor and look forward to our continued partnership in safeguarding India’s critical assets.

Energising international research collaboration

Telugu super news, India, April 8th,2024: The power of collaboration could help India and New Zealand reach renewable energy goals and bring an end to energy poverty.

A recent visit to the Indian Institute of Technology Delhi (IIT-Delhi) by a New Zealand delegation of University of Canterbury researchers explored renewable energy research developments and strengthening partnerships in a series of workshops focussed on green hydrogen.

IIT-Delhi Dean of Research and Development Professor Naresh Bhatnagar says an international commitment to developing renewable energy solutions needs enthusiastic and talented international partners.

“If we find synergies and ways to get together as international partners, then the sum will be greater than the parts. We see this in our international collaborations – papers are cited more, perspectives are different, and the vibrancy of the campus and research grows.”

Recently published IIT-Delhi research, ‘Mission Energy Access for a just and sustainable future for all,’ supports the global goal of ending energy poverty by 2030. The authors noted that it is a betrayal of the global commitment to ending energy poverty that so many global citizens remain unable to access reliable energy.

India is committed to aspirational climate goals, including a Government commitment to be energy independent by 2047. Renewable energy and green hydrogen will play a significant role in this. 

An expert in energy and hydrogen technologies, University of Canterbury Professor Aaron Marshall was delighted to join the delegation and share his research, which explores energy equity.

His research aims to develop a new type of electrolyser – a tool that splits water into hydrogen and oxygen – to produce green hydrogen energy in a more cost-effective way by replacing noble metals, metals that are resistant to corrosion and oxidation.

“Energy is required to produce hydrogen. Currently, the best electrolysers are about 75% efficient, but they cost a lot to build and use expensive noble metals,” Professor Marshall says.

The conversations will continue when IIT-Delhi Assistant Professor Suryanarayana Vikrant Karra, an expert in Materials Science, visits the University of Canterbury later in the year on an IIT-Delhi India-New Zealand Centre Fellowship.

The opportunity Christchurch, New Zealand provides

Christchurch, New Zealand has emerged as a hub for developing green fuel technology. University of Canterbury researchers work closely with industry including Christchurch International Airport, the only net zero-emissions airport in New Zealand; Fabrum, an innovative green hydrogen producer; and Liquium, a producer of clean ammonium fuel that has the potential to decarbonise heavy industries such as shipping.

University of Canterbury Assistant Vice-Chancellor Engagement Brett Berquist led the delegation in India and outlined the unique opportunities a partner in New Zealand can provide.

“As a university and nation, we are focused on collaboration, sharing unique approaches, and scaling the benefits for other much larger countries.

Following our very productive visit to IIT-Delhi we look forward to welcoming our colleagues from India to the University of Canterbury in Christchurch later in the year to strengthen our relationship and continue the conversation to end energy poverty,” says Mr Berquist.

Green hydrogen research at the University of Canterbury

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