Business

Indel Money Limited Launches Public Issue of up to Rs. 200 crores of Secured, Redeemable Non-Convertible Debentures (NCDs)

deccanwebtv Jan 31, 2024

• Secured NCDs of face value of Rs.1,000 each
• The Issue includes a Base Issue Size for an amount of up to Rs.100 crores with an option to retain over-subscription up to Rs. 100 crores aggregating up to Rs.200 crores
• Issue opens on Tuesday, January 30th, 2024 and closes on Monday, February 12th, 2024
• Doubling of investment in 72 months – Option VIII
• Coupon yielding up to 12.25% per annum
• Secured NCDs with tenure ranging from 366 days to 72 months
• Minimum application size 10 NCDs (Rs.10,000) across all Options of NCDs

Chennai, 31 January 2024

Indel Money Limited, one of the fastest growing NBFC in the gold loan sector, announced the 4^th public issue of Secured NCDs of face value of Rs.1,000 each. The Issue opened on Tuesday, January 30, 2024 and will close on Monday, February 12, 2024 (with an option of early closure in case of early over subscription).

Mr. Umesh Mohanan, Executive Whole Time Director, Indel Money Limited said, “Our business strategy is designed to capitalize on our competitive strengths to enhance our position in the Gold Loan industry and to expand our presence. The first half of FY24 saw the company demonstrating a stellar performance with its profitability surging by a record 568.86% buoyed by a strong AUM growth, heightened demand for gold loans, expansion into newer territories and operational efficiencies despite a challenging business environment. Tamil Nadu has always been our primary strategic focus in the south Indian states. We aim to continue to grow our loan portfolio by expanding our branch network by opening new branches. Increased revenue, profitability and visibility are the factors that drive the branch network. With this issue, we aim to expand our sources of funds.”

The issue includes a Base Issue Size for an amount of up to Rs.100 crores with an option to retain over-subscription up to Rs.100 crores aggregating up to Rs.200 crores. The Lead Manager to the Issue is Vivro Financial Services Private Limited.

The funds raised through this issue will be used for the purpose of onward lending, financing and for repayment/prepayment of principal and interest on borrowings of the Company.

Indel Money Limited had a total outstanding AUM (excluding off-balance sheet assets) amounting to Rs.81,740.86 lakhs as on September 30, 2023 as compared to Rs.64,768.53 lakhs as on March 31, 2023. Gold Loans takes up ~82% of the loan portfolio with a branch network of 250 branches as on September 30, 2023. Indel Money Limited intends to widen our geographic footprint by Fiscal 2025 to over 425 branches across 12 Indian states, expanding to eastern and northern states in India.

Indel Money Limited had successfully launched 3 public issues of NCDs and raised more than Rs.260 crores.

Notes to the Editor: Indel Money Limited:

We are an NBFC in the gold loan sector lending money against the pledge of household gold jewellery (“Gold Loans”) in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Odisha, Maharashtra and Telangana and the union territory of Puducherry. We also provide loans against property, business loans and personal loans. Our Gold Loan portfolio (excluding off-balance sheet assets) for on the half year ended September 30, 2023, and Fiscal 2023, 2022 and 2021 amounted to ₹67,132.98 lakhs, ₹50,635.60 lakhs, ₹42,135.99 lakhs and ₹30,994.35 lakhs which is 82.13%, 78.18%, 80.46% and77.71% of our total loans and advances (excluding off-balance sheet assets) as on such specific dates. We, as on September 30, 2023, had a network of 250 branches spread in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Odisha, Maharashtra and Telangana and the union territory of Puducherry.

Disclaimer:

Indel Money Limited is subject to market conditions and other considerations, proposing a public issue of Secured Redeemable Non-Convertible Debentures and has filed a Prospectus dated January 16, 2024 (“Prospectus”) with the Registrar of Companies, Maharashtra at Mumbai, BSE Limited (“BSE”) and Securities and Exchange Board of India (“SEBI”). The Prospectus is available on our website at www.indelmoney.com, on the website of the stock exchange at www.bseindia.com, and on the website of the Lead Manager at www.vivro.net All investors proposing to participate in the public issue of NCDs by Indel Money Limited should invest only on the basis of the information contained in the Prospectus. Please see the section titled “Risk Factors” beginning on page 17 of the Prospectus for risk in this regard.

Dalmia Bharat Foundation Empowers 500 Farmers in Tamil Nadu withSolar Light Insect Traps, Promoting Sustainable Agriculture.

deccanwebtv Jan 31, 2024

Trichy, 30 th January 2024: Taking a significant step towards the promotion of sustainable
agricultural practices, Dalmia Bharat Foundation (DBF), the Corporate Social Responsibility
(CSR) arm of Dalmia Cement (Bharat) Ltd (DCBL), the leading Indian cement major distributed
Solar Light Insect Traps benefitting 500 farmers from seven village panchayats around
Dalmiapuram, Tamil Nadu. This automatic solar powered device provides a cost-effective and
environmentally friendly solution for pest control, effectively reducing crop damage, and
increasing the yield and income of farmers. This device operates completely autonomously,
utilizing solar energy for charging during the day and seamlessly transitions to operation in the
evening after sunset. The trap works by attracting insects and flies with UV light, causing them
to fly around it, hit the flaps, and eventually fall into a tray filled with water. Recommended by
the Krishi Vigyan Kendra (KVK), Tamil Nadu Agriculture University and the Agriculture
Department of Pest Control, this device is a highly advantageous tool for farmers, contributing
to sustainable and efficient farming practices. The training session and distribution of the solar
light traps for the project were conducted under DBF’s Gram Parivatan Project. Additionally,
100 vermi compost bags and 100 Azollo production bags were distributed to the core village
beneficiaries as part of organic farming practices.
Commenting on the initiative, Mr. K Vinayagamurthi, Executive Director and Unit Head,
Dalmiapuram said, “At Dalmia Bharat, we actively engage in farmer education programs,
providing comprehensive training on sustainable agricultural practices to empower
communities for a better livelihood. This technology exemplifies eco-friendly practices by
relying on the abundant renewable source of solar energy and minimizing the environmental
impact. By combining education and innovative solutions, we strive to create a positive impact
on farming communities, promoting resilience, biodiversity and holistic development for a
brighter and more sustainable future for all.”
As part of another initiative focused on empowering women and promoting sustainable
livelihood, DBF conducted a 20-day Aari embroidery training for 20 marginalized women in
Dalmiapuram. Aari embroidery, using a hooked needle, creates intricate designs, often
enhanced with Zari Zardozi—a technique using metallic threads for added shimmer and shine.
Post the completion of the training, the beneficiaries will have the opportunity to receive local
orders, potentially earning a monthly income ranging from Rs. 3000 to 10000. In the FY22-23,
the company provided similar training to 140 women beneficiaries from the surrounding
villages.
Dalmia Bharat Foundation spearheads community development with a focus on rural
upliftment. Under their Gram Parivartan Project it aims to promote economic development in

village households and qualitative improvements in the standard of living for
targeted families in a region.

Ministers Pledge Support and Announce Key Initiatives Committing to Boost Real Estate Industry in TN

deccanwebtv Jan 29, 2024

~ Tamil Nadu’s Real Estate Outlook Report Unveiled at STATECON 2024 Organised by CREDAI Tamilnadu

Chennai, 29th January 2024: “Of the 43 requests consolidated, we are pleased to say 25 of them are in progress. We also assure the industry your needs are looked into and we will offer the maximum support. We are also looking into the Building Height approvals and FSI etc. and an announcement should be made at the earliest opportunity, said, Thiru. S. Muthusamy, Honorable Minister for Housing & Urban Development, at the inaugural session of South India’s largest Real Estate Conclave – STATECON, organized by CREDAI Tamil Nadu. The theme of the two-day conference was Conservatism to Cosmopolitanism.

Lastly, commenting on the demand for self-certification to ease the approval process, the Minister put it back asking what about deviations. Would the industry take responsibility for the deviations? If the responses are favorable, it can be considered,” he concluded.

Thiru. P.K. Sekar Babu, Honourable Minister for Hindu Religious and Charitable Endowments and CMDA in his speech said, “The request for Single window clearance is on the cards. Between 2021-2023, 605 approvals were granted for NHRB when compared to 426 earlier. Also, layout approvals have grown from 197 to 305 and reclassification has increased by 300% based on plan approvals,”.

“Overall, we witness major progress throughout the State but, we can do a lot more if we work together. The commitment of 60 days to process and approve will be truly possible only when we get all the papers and documents that are asked for from your side on time. So, to make things work, we need to work closely,” he added.

A report by Frank Knight and CREDAI Tamil Nadu was released at the conference with the State Ministers receiving the copies along with other members of CREDAI.

The report states, “In FY 23, Tamil Nadu, the second-largest economy in India, demonstrated a dynamic economic structure with the tertiary sector leading at 53%, followed by the secondary sector at 34%, and the primary sector at 13%. The state’s economy, valued at USD 294 billion, showcased an impressive average annual growth of 11% from FY 9 to 2019. Foreign direct investments and private equity inflows reached USD 81 billion post the global investors’ meet, affirming the state’s appeal. Tamil Nadu’s stock market engaged 4.7 million investors with USD 28 billion assets under management, predominantly in equity (59%),”.

“Notably, the construction sector, currently valued at USD 32 billion in FY 23, is projected to reach USD 208 billion by FY 47, reflecting a significant opportunity for real estate stakeholders. Furthermore, the manufacturing sector, constituting 19% of the state’s economy, is expected to expand to USD 374 billion by FY 48, necessitating 2.25 lakh hectares of industrial land. To support this growth, enhancing capital expenditure to 5.7% of the GSDP is crucial. The state must undertake a cumulative capex exceeding USD 110 billion over the next 24 years to ensure robust infrastructure for sustained development. Key advisory measures include targeted retail policies, leveraging textile strengths, and strategic promotion of tourism. The report provides comprehensive insights for stakeholders to engage in further discussions and capitalize on the potential outlined,”.

Mr. R. Ilankovan, President, CREDAI TAMILNADU, in his speech appealed to the Hon’ble Ministers at the conference to regulate, reduce, and limit the number of approvals so that the industry can grow quicker and achieve the targeted numbers, particularly DTCP approvals. Also, DTCP should give a revised master plan as the current ones are all outdated,”.

He further suggested that all approvals and payments could be made to DTCP instead of the industry dealing with multiple local authorities, this would lead to time efficiency as the delays in approvals result in a higher cost for the buyer eventually.

“The recent global investors’ meeting has proven to be a remarkable success, resulting in the signing of Rs. 6.36 lakh crore worth of Memorandums of Understanding (MoUs). This development marks a significant stride for Tamil Nadu as it sets ambitious goals to transform into a one-trillion-dollar economy,” said Mr. W.S. Habib, Chairman – STATECON 2024 in his welcome address.

“Tamil Nadu has been growing in all trends and is at the forefront in this transformation. Our state has been an icon of innovation and progress setting benchmarks for others to follow other states. A recent report states that commercial space absorption is 11 million square feet. This proves Tamil Nadu is ranked in the second or third highest absorption of space in India when compared to other states,” said Mr. Sridharan, Vice President, South Zone, CREDAI National.

“Tamil Nadu is truly a cosmopolitan state, given our diverse dependencies on various sectors such as career development, agriculture, tourism, healthcare, transportation, and the intricate network of logistics and finance circuits at the state level. Our industrial landscape boasts considerable diversity, setting us apart from states like Bangalore and Hyderabad, where their focus is often singular,” Mr. Srinivas Ankipatti, Sr Director- Tamil Nadu and Kerala, Knight and Frank India.

“I strongly encourage all members, ministers, and stakeholders to seize this forum as an opportunity to initiate a departure from conventional thinking. Let’s embrace this positive momentum,” he added.

Mr. M V R Murali Krishna, General Manager, State Bank of India , said, “There is a huge growth potential for Chennai and Tamil Nadu as a whole, given the rich culture, industrialization, and excellent infrastructure. Housing growth serves as an indicator of regional economic development, contributing 7% to the country’s GDP and is expected to touch 13% of the GDP by 2025,”

Mr. S. Anand Secretary CREDAI Tamil Nadu delivered the vote of thanks by thanking the Hon’ble Ministers for taking time to be present at the inaugural session of STATECON 2024 while also encouraging the industry members stating announcements will be made shortly that will tremendously lift the morale and eventually help buyers invest in the real estate market.

Hon’ble Chief Minister of Karnataka, Shri Siddaramaiah inaugurates the 5th Edition of Bengaluru GAFX 2024 with the focal theme ‘Augmented Intelligence: Powering AVGC’ by the Government of Karnataka & ABAI

deccanwebtv Jan 29, 2024

29 January 2024: The Fifth Edition of Bengaluru GAFX, India’s flagship event in the Animation, Visual Effects, Gaming & Comics (AVGC) sector, organized by the Ministry of ITBT, Karnataka, and ABAI, today inaugurated by Shri Siddaramaiah, Hon’ble Chief Minister of Karnataka. The event took place in the august presence of Shri D.K. Shivakumar, Hon’ble Deputy Chief Minister of Karnataka today at the Hotel Lalit Ashok, Bangalore.This year’s focal theme, ‘Augmented Intelligence: Powering AVGC,’ serves as a unifying force, bringing together the Animation, Visual Effects, Games & Comics (AVGC) industry for an audience of knowledge exchange. The event aims to create a common platform, fostering collaboration among industry, academia, and government to deliberate the learnings, trends, challenges, and future roadmap of the AVGC sector.

The inaugural ceremony was graced by guest of honour, Shri Rizwan Arshad, Minister of Karnataka Legislative Assembly; Shri Prithul Kumar, IRTS, Joint Secretary (Films), Ministry of Information and Broadcasting, Government of India & Interim Managing Director, National Film Development Corp. (NFDC); Mr. Kris Gopalakrishnan, Chairman Axilor Ventures, Co-founder Infosys, President Infosys Science Foundation; Mr. Thierry Berthelot, Consul General of France in Bangalore; Mr. Alfonso Tagliaferri, Consul General of Italy in Bengaluru; Ms. Nivruti Rai, MD, and CEO Invest India; Mr. Rajan Navani, Founder & CEO, JetSynthesys; Mr. Vishal Dhupar, Managing Director, Asia South – NVIDIA; Mr. Sai Srinivas Kiran Garimella; Co-Founder, MPL;  Mr. Ashish Kulkarni, Founder & CEO, Punnaryug Artvision Pvt. Ltd.; Mr. Sudhir Kamath, COO, Nazara Technologies; Dr. Ekroop Caur, IAS, Secretary to Government, Dept. of Electronics, IT, BT and S&T, Govt. of Karnataka; Mr. Biren Ghose, Country Head, Technicolor India and President, ABAI; Shri Darshan H V, IAS, Director, Department of Electronics, Information Technology & Biotechnology, Govt. of Karnataka; Mr. RK Chand, Executive Director, The Mill India & Secretary, ABAI.

Speaking at the inaugural ceremony, Hon’ble Chief Minister of Karnataka, Shri Siddaramaiah said, “I am pleased to inaugurate this congregation of the Animation, Visual Effects, Gaming & Comics (AVGC) industry at the 5th edition of Bengaluru GAFX. Karnataka has long been the torchbearer state in India across technology, innovation, and growth. We are proud to be the pioneers of leading the IT and IT-enabled services industries. Our state, a trailblazer in technology, is proud to lead the nation’s Media & Entertainment sector, contributing 20% to the industry. With over 15,000 professionals and 300 specialized studios, GAFX celebrates Karnataka’s role as a global AVGC hub. With a focus on generating 30,000 jobs by 2028, targeting 80% revenue from exports, the policy rests on six strategic pillars—emphasizing skill development, infrastructure, startup empowerment, global market access, incentives, and a ‘Mobile First’ approach. Since 2012, Karnataka has been a pioneering force, boasting 139 specialized institutes and Digital Art Centers, with the Karnataka Centre of Excellence (COE) serving as a unique facility nurturing creative technologists and technicians. As we delve into the next two days of discussions, let’s concentrate on the synergy of creativity and technology that defines our industry. Bengaluru GAFX 2024 provides the platform for government and industry collaboration, propelling the AVGC industry in India to new heights.”

A patron of Bengaluru GAFX 2024, Shri Priyank Kharge, Hon’ble Minister for Information Technology & Biotechnology and Rural Development & Panchayat Raj, Govt. of Karnataka said “Karnataka, a pioneer in evolving India’s AVGC policies, is committed to securing a future where it not only maintains the state’s leadership in traditional IT-BPM but emerges as a global powerhouse in AVGC-XR. With a vision to create 30,000 jobs by 2028, we shall leverage our existing strengths and additionaly establish a center of excellence for Gaming. The state is also looking to help establish AVGC-XR-focused incubators. Bengaluru GAFX epitomizes our dedication to becoming a global skilling epicenter, aiming to position Karnataka as the world’s #1 hub for creativity and technological advancement. The Bengaluru GAFX B2B Forum acts as a catalyst, propelling local talent onto the global stage, and defining Karnataka as the leader in AVGC-XR intellectual property creation.”

Speaking at the inaugural ceremony, Shri Biren Ghose, ABAI President & Country Head, Technicolor India, said: “Bengaluru GAFX 2024, is a celebration of our wins and exploring new avenues for the all-round growth of AVGC in India. With diverse sessions, competitions, and networking opportunities, Bengaluru GAFX 2024 will witness a stellar lineup of speakers comprising industry veterans and thought leaders. The AVGC industry is on a continuous growth spree, and events like GAFX bring together studios, producers, and investors, creating a hub for gaming, film, animation, AR/VR, and comics. It’s more than an event; it’s a platform where innovation meets opportunity, shaping the future of India’s creative narrative on a global scale.

I foresee Karnataka and India leading in the gaming developer industry, leveraging our cultural history and a talent pool of 5 million software developers. Invest India pledges to be a catalyst in this journey, fostering the growth of our dynamic youth. Contributing to hardware-software innovations in entertainment, education, tourism, and national value, I’m thrilled to announce Invest India’s commitment to establishing its office in Karnataka. Thanks to the GAFX Team for providing the stage for this exciting collaboration.”

Bengaluru GAFX 2024 is set to host 120 sessions and 200 speakers, including more than 20 renowned international speakers hailing from 10 different countries. This impressive lineup features industry veterans and thought leaders, including winners of prestigious awards such as Oscars, British Arrows, VES Awards, Cannes Golds, and esteemed Indian accolades. Bengaluru GAFX stands out as a unique event in the AVGC industry, facilitating the convergence of Indian and international synergy. Both international and Indian studios, along with industry veterans, will present some of the largest and most critically acclaimed titles during the event.

• VFX: This edition will see some leading Indian & international names in the world of visual effects. Some mind-blowing visual effects showcases from Hollywood that wowed audiences the world over will be presented at GAFX including the Oscar-winning Guillermo del Toro’s Pinocchio, Antman & Wasp Quantamania, and The Fast & the Furious X. As well as the Making of Blockbuster LEO’s Photoreal Hyena VFX by multiple-Oscar winning studio MPC’s Jateen Thakkar & Nimish N Shah, the Making of Jurassic World by Industrial Light and Magic, London and Srinivas Mohan- the VFX Supervisor for RRR. The rise of VFX content in the Indian regional landscape will be further underscored by showcases from Ghost, Jawan, Animal, PS2, Charlie 777 and Vikrant Rona.

• Animation: Cutting-edge animation presentations and showcase include the animation of Oscar-nominated movie Nimona by DNEG, Delivering Spectacular Animated Features from India by Oscar-nominated studio Mikros Animation, and Independent Global Animation Films by Assemblage, as well as How to secure your IP for Content Creators by Zebu Animation. Greengold Animation will present its unique work on the Making of Chhota Bheem Live Action movie.

• Gaming: Kalari Capital’s Vani Kola & Invest India CEO Nivruti Rai are slated to address the incredibly exciting gaming landscape of India in the session ‘Investor Speak – Strategies for Staying Relevant and Resilient in the Indian Gaming Startup Ecosystem.’ Leaders of the Gaming ecosystem Kris Gopalkrishnan- Chairman Axilor Ventures, Co-founder Infosys, President Infosys Science Foundation & Rajan Navani– Vice Chairman & Managing Director at JetLine Group of Companies; Founder & CEO JetSynthesys will address the gathering on The Indian Video Gaming and Esports Industry. MPL, Nazara Technologies, Nodwin Games and Technicolor Games will present insightful panels and showcases on topics ranging from the ecosystem, technologies, talent and game art & animation.

Moreover, the Bengaluru GAFX B2B Forum stands as a distinctive platform meticulously designed to connect IP owners, developers, content creators, and production houses aspiring to produce groundbreaking content. This event acts as an exclusive interface, attracting selected international and national studios, producers, broadcasters, distributors, and financiers. Esteemed industry figures like Rajeshwari Roy, Associate Chief Producer & Head of Content – Animation, Digital & Broadcast Media at Ramoji Group, Farnaz Esnaashari-Charmatz, Creator of Nickelodeon’s hit international franchise Shimmer and Shine, and Russell Tracy Jr. from Mikros Animation will contribute to the stellar industry lineup at this marketplace forum.

A diverse range of competitions is thoughtfully curated to engage the talents and potential of students and emerging professionals, representing the future workforce of India. Spanning from traditional artistry like Clay Sculpting to the digital realms of Sculpting and Painting, and venturing into the intricate world of 3D Character Animation, these competitions are carefully crafted by industry leaders. The primary objective is to nurture a sustained ecosystem that promotes a culture of progression, skill enrichment, and mentorship within the Animation, Visual Effects, Gaming, and Comics (AVGC) realm in India.

In its fourth edition, Bengaluru GAFX and the B2B Forum continue to shape the future of the AVGC-XR industry, providing a platform that facilitates collaboration, innovation, and the exchange of ideas on a global scale. The event is organized with a steering committee covering all individual domains of VFX, Animation, and Gaming. GAFX will also witness the participation of AVGC trade associations from other states, including TVAGA from Telangana.

For more information, visit: http://gafx.in/

After the US, Daaji’s new book Spiritual Anatomy launched in India at the world’s largest meditation hall

deccanwebtv Jan 29, 2024

The book brings in fresh air to one’s perspective on spirituality and life with simplest tools for modern man

Chennai, 29 January 2024: The latest book ‘Spiritual Anatomy’ by Rev Daaji – Guide of Heartfulness and President of Shri Ram Chandra Mission was launched in India at Kanha Shanti Vanam – the world’s largest meditation centre and headquarters of Heartfulness. The book was launched as part workshop held by Heartfulness for the Principals of leading schools across India. The launch was made by Mr. Praveen Raju – Founder of Suchitra Academy; Mr. M Komaraiah – Chairman, Pallavi Group of Institutions; Mr Uma Shankar Bajpai, Gen Secretary Shri Ram Chandra Mission; and  Mr Uday Kumar, Editorial team, Spiritual Anatomy book in the presence of 10,000 participants – practitioners and students included, and was received by rapturous applause.

Spiritual Anatomy has already been touted as a bestseller in the international market with the book in the top ten bestsellers. The book has already received widespread acclaim overseas including from renowned authors like Deepak Chopra who said, “Exceptional… Spiritual Anatomy blends the wisdom of yogic philosophy with practical techniques to unlock your infinite potential.”

Spiritual Anatomy talks about the science of the soul in a way that has never been told before. It decodes the concepts of consciousness and the chakras in the simplest way that will help the readers grow, transform and find their real purpose in life. It is indeed a book that is aimed at spiritual awakening unveiling the secrets of the chakras. The sixteen chakras in our body which serve as a map for consciousness, are the centres of spiritual energy. Understanding them help us to delve into true bliss and sustain happiness. The book enables the reader also to overcome the chakra blockages and cleanse them, nourish and measure our spiritual health, teaches heart-based meditation techniques, and helps connecting with the chakras as a gateway to an integrated heart-mind-soul.

Rev. Daaji – Global Guide of Heartfulness and President of Shri Ram Chandra Mission said, “I felt compelled to write this book as more and more seekers want to unlock their potential of abundant joy. I hope this comes as a hand-guide to overall happiness – physical-mental-emotional-and spiritual happiness through the simple tools offered in the book, which had always existed, but never made so easy.”

In Spiritual Anatomy, Daaji presents a bold vision and clear understanding of how we can enhance our lives to reach our greatest potential that leads us to our authentic self. Through the redefining of how we view wellbeing and the infinite possibilities that are available, he combines cutting-edge science and comprehensive research on the soul’s anatomy and journey with real-world applications.  Daaji has created an atlas for consciousness to map us back to our hearts – the seat of life and the source of love and peace.

Daaji has called this book, the story of an extraordinary adventure where the main character, your consciousness, undertakes an epic voyage to ultimate reality and beyond. It is the book of the century, the Story of Inventure, your inner adventure.

The book is a must-read for those seeking the essence of true joy, inner peace and harmony. It is intended at seekers, meditators and anybody who wishes to find long-term happiness in life.

Last year Daaji had written The Wisdom Bridge – a holistic guide to ideal parenting and families. It was by far one of the most bestselling books on the tips and guidance on raising harmonious families amidst the challenges of modern-day chaos and values. Many celebrities including ace badminton coach Pullela Gopichand, badminton champion P V Sindhu and many more had praised the book for its succinctly dished out nuggets of wisdom.

ELCINA Unveils the 13th Source India- Electronics Supply Chain forum : Catalyzing Progress in India’s Electronics Sector

deccanwebtv Jan 25, 2024

Chennai, 23/01/2024 — ELCINA, the Electronic Industries Association of India, takes immense pride in announcing the commencement of the “13^th  Source India Electronics Supply Chain event,” on the 23^rd and 24^th of January 2024, at the Chennai Trade Centre. This event marks ELCINA’s continuous efforts to fortify the foundation of India’s Electronics Manufacturing Value Chain.

The Source India initiative, conceived during visionary discussions with Nokia in 2009, has evolved into a strategic initiative addressing the burgeoning challenge of supply chain dependencies. Recognizing the importance of a robust supply chain, ELCINA leadership took the initiative to organize Source India.

As India’s electronics industry witnesses unprecedented growth, exceeding US$104 billion with a target of US$300 Bn, Source India has played a pivotal role in this trajectory over last 12 years. The event strategically focuses on strengthening the Electronics Value Chain by promoting domestic value addition, innovation, research and development. Over the past 8-10 years, manufacturing has witnessed a remarkable five-fold increase, with platforms like Source India facilitating crucial connections between buyers and sellers.

“The Source India Electronics Supply Chain Event is not just an exhibition; it’s a catalyst for growth, innovation, and collaboration. As we navigate the evolving landscape of the electronics industry, Source India continues to play a pivotal role in fostering a resilient and self-reliant ecosystem. Tamil Nadu is the ideal location for this forum to deliver highest value to the ESDM industry,” remarked Shri Atul Lall, President ELCINA & CEO, Dixon Technologies.

Tamil Nadu, recognized as a hub for the electronics manufacturing services (EMS) industry in India, has attracted global companies with a significant manufacturing or R&D presence in the state. The region has also attracted a diverse range of mid and large domestic EMS companies. In the fiscal year 2022-23, Tamil Nadu witnessed a remarkable surge in electronics exports, reaching US$5.37 billion, nearly tripling the previous year’s figure of US$1.86 billion.

For the period of April-October 2023, Tamil Nadu’s electronic exports stood at $4.8 billion, showcasing a month-on-month rise of 60% from $500 million in September to $817 million in October.

Chief Guest Hon’ble Industries Minister Dr TRB Raja graced the occasion and addressed the participants. Minister TRP Raja highlighted Tamilnadu’s achievement of signing over 631 MOUs in the Global Investors Meet. Emphasizing the Dravidian model’s focus on inclusive job distribution, he stressed the significance of job quality over mere investment amounts. Pointing out the pivotal role of Tamilnadu’s women workforce, he noted that 43% of the state’s working women contribute significantly to both state and national economies. Expressing the Chief Minister’s vision for Tamilnadu to become a Trillion-dollar economy, he underscored the importance of upskilling talents through collaborations with companies from Germany, Japan, and other nations. In conclusion, he reiterated the government’s commitment to inclusive growth and social justice, even within the electronics sector.

The Source India Electronics Supply Chain Event features a comprehensive three-pronged approach: an Exhibition boasting more than 170 industry participants, a two-day Conference themed “Energizing India’s Electronics Industry for Global Value Chain,” and over 300 B2B Meetings. The Exhibition serves as a dynamic platform for B2B engagement, showcasing cutting-edge products and services. The Buyer Seller Platform, a unique initiative by ELCINA, aims to transform opportunities into tangible business deals through meticulously scheduled meetings.

Taking the vision of Source India to new heights, the Source India Portal conceived by ELCINA is an ambitious project aimed at integrating the entire electronics industry. This online platform serves as an electronic database, harmonizing manufacturers of raw materials, components, assemblies, and finished products. By seamlessly linking them to the global market, the portal aims to enhance self-reliance, boost exports, and reduce import dependence.

The Source India Electronics Supply Chain Event stands as a testament to ELCINA’s commitment to facilitating India’s journey towards becoming a global electronics manufacturing hub.

“Junior Chamber International – Chennai Wing of JCI CSK,  Zone XVI celebrated 5thinstallation Ceremony”*

deccanwebtv Jan 12, 2024

“Junior Chamber International (JCI) is a leadership building community that not only picks up
quality members but is also keen in bringing out the qualities of their members in flying
colours”. JCI Chennai Synergy Kings (JCI CSK) is the prestigious local organization under JCI
INDIA-Zone16  celebrating its 5th installation ceremony; Jc HGF Mohanraj assumes the role of
President of JCI CSK- 2024 in the ceremony.
The ceremony eve was hosted by Jc Sharmila Premkumar with Dias members Jc HGF Mohanraj,
Dr M S R Mariyappan ( Dean-Veltech university), Jc JFM S  Elumalai- ZP 2024 JCI INDIA, Jc
HGF Alpesh Patira PND JCI INDIA, Jc R Vivek Raja (Charter President JCI CSK ), Jc JFM P
Premanand Pandiyan ZD Training-2024,   Jc  Saravanan (IPP 2024), Jc Papuraj S (secretary
2024 JCI CSK), Jc JFM  Lokesh A (ZVP of zone XVI -Region A.
Jc Alpesh Patira PND JCI India while addressing the gathering says  “Human mind attains
immense strength when it gets recognition for good deeds. Hence recognition is given to
Outstanding Youth Personality, Leadership training, book reviews meeting or any contribution
irrespective of small or big. The quality time invested by JC’ians has always fetched good results
to the society and community as well. Be it ‘a pat on shoulder’ or a shoulder for shoulder JCI has
always been there.  Now it’s time for a quantum leap and we all should focus more on national
events and create more entrepreneurs in our nation” says motivationally.
“Tamilians have always got a great potential to excel in any field. Being sworn in on the
occasion of 75th anniversary of Junior Chamber International, and I remember Honorable JC
Kavin Kumaravel, from Tamil Nadu who is the  JCI President-2024 (JCI International) ” says Jc
Mohanraj in a zest voice.
 Jc Elumalai, ZP 2024, Zone-XVI stated that “Having successfully conducted many youth
empowering programs, the future envisage is likely that we improve the scope for JCOM and set
a B2B enabling mechanism and keep the members active in terms of economy, society and
community” says Jc Elumalai, ZP 2024 in a futuristic view.

Dr. Mariappan,( Dean-Veltech university) mentioned that Since I need to maintain rigidity as a
dean of a college, I joined JCI only to entice myself by seeing new people and interacting with
them. Later on I got involved in the team activities and took a role of guiding young blood. JCI is
one of it’s kinds as the gathering of members is a cocktail of alumni meet, business meet,
leadership program and rejuvenation.
Just within five years JCI CHENNAI SYNERGY KINGS gained good momentum in our city
and the name has got familiar to many students and working professionals” says Dr. Mariappan
enthusiastically.
Jc Premanand while addressing the ceremony humorously says “whenever searching is rigorous
one tend to find lot of things which were misplaced long ago. Similarly this JCI is a great place
where I was able to find peoples who are as close as school and college mates. It also creates a
professional base to propel a career and a platform to build leadership qualities.”

Samsung Electronics Launches 2024 Neo QLED, MICRO LED, OLEDand Lifestyle Displays To Spark the AI Screen Era and New Ways of Life

deccanwebtv Jan 12, 2024

Neo QLED 8K takes picture and sound quality to a whole new level with new NQ8 AI Gen3

Processor

More capable processors in Neo QLED 4K, brighter OLEDs and expertly crafted MICRO

LEDs all boost the viewing experience

Lifestyle lineup adds the Music Frame customizable speaker and The Premiere 8K, the

industry’s first wireless 8K projector

Chennai – Jan 11, 2024 – Samsung Electronics today announced its latest QLED, MICRO LED,
OLED and Lifestyle display lineups ahead of CES® 2024. The announcement also served to
kick off the AI screen era through the introduction of a next-generation AI processor poised to
redefine the perception of smart display capabilities. In addition to bringing improved picture
and sound quality, the new lineups provide consumers with AI-powered features secured by
Samsung Knox, focusing on inspiring and empowering individual lifestyles.
 
“Now that we are living through the hyperconnected era, it’s no longer just about delivering
quality visual experiences. Displays should enhance our lives both on and off the screen,”
said SW Yong, President and Head of Visual Display Business at Samsung Electronics.

“Samsung’s AI screens, powered by on-device AI technology, are designed to be the
centerpiece of users’ homes, connecting all compatible devices to offer users a more flexible
and diverse lifestyle.”
 
 
Double the AI Performance for Enhanced Neo QLED 8K Picture Quality

 
Samsung’s newest Neo QLED 8K and 4K TVs offer the full package, including lifelike picture
quality, premium audio technology and a rich array of apps and services. At its core, the 2024
Neo QLED 8K is Samsung’s latest and most innovative TV processor yet: NQ8 AI Gen3,
which has a neural processing unit (NPU) that is twice as fast as that of its predecessor. The
amount of neural networks has also increased eightfold from 64 to 512, allowing everything
on screen to be displayed in crisp detail. Thanks to this advanced processor, the 2024 lineup
is equipped with unprecedented performance upgrades.
 
The Neo QLED lineup also brings a suite of picture quality and design enhancing features,
including:
 
 8K AI Upscaling Pro 1 : Leverages NQ8 AI Gen3 for enhanced 8K upscaling,
sharpening low resolution content so that it is displayed in ultra-high resolution.
 AI Motion Enhancer Pro: Solves common issues in sporting contents — such as
ball distortion — by streaming high-resolution sports matches through this
feature 2  powered by NQ8 AI Gen3. The feature automatically detects the sport
type and uses deep learning to apply the proper ball detection model.
 Real Depth Enhancer Pro: Adds details to fast-moving scenes using AI to
precisely control mini LEDs. By detecting the part of a scene that the human eye
would naturally focus on and bringing it to the foreground, images appear more
lifelike and three dimensional.
 Infinity Air Design: Complements Neo QLED 8K’s impeccable picture quality with
a screen only 12.9mm in depth, 3  allowing for an immersive viewing experience

that focuses on high resolution and outstanding sound quality. It is also offers a
unique mirror effect in which the TV appears to hover in its surroundings.

 
The performance of the Neo QLED 8K is rounded out by immaculate audio quality, on par
with the stunning 8K picture quality on screen.
 
 2024 Q-Symphony: Allows users to connect multiple wireless speakers and a
soundbar to a TV or projector for perfect audio synchronization across shows,
movies, and playlists. It’s a technology that perfectly synchronizes TV with
wireless speakers and a soundbar.
 Active Voice Amplifier Pro: A proprietary AI dialogue booster that utilizes
exclusive deep-learning technology to significantly enhance dialogue and voices
on screen. It separates voices from mixed audio, enhancing voice input so users
can easily follow the conversation on screen at any volume.

 
 
2024 Tizen OS Streamlines the Home TV Experience
The 2024 Tizen OS brings content front and center on the Neo QLED 8K lineup. It offers a
personalized content and service experience based on different accounts set up on smart
TVs. Now, different members of each household with a Samsung Smart TV can set up a
profile for personalized recommendations and a more customized overall experience.
 
 Samsung TV Plus: The updated user interface (UI) includes a new home screen
with an overview of available content, with added categories for faster content
discovery. The service will also connect with Samsung accounts to easily access
users’ favorite channels and content while offering tailored content suggestions
based on viewing history.
 ‘Designed for Samsung Gaming Hub’ Controller: Samsung has partnered with
gaming accessory provider Performance Designed Products (PDP) to develop the
first “Designed for Samsung Gaming Hub” controller, set to be launched at CES

2024. PDP’s new wireless controller includes a built-in, rechargeable battery that
      provides up to 40 hours of playtime per charge, a 30-foot low-latency Bluetooth
      wireless connection, a Samsung Gaming Hub home button capable of launching
      Gaming Hub, an easy-to-use TV volume control button and more.

 
 
Connected, Inclusive Experiences With the Samsung Ecosystem
With Samsung TVs at the center of the home, users can reap the benefits of the latest
innovations and enjoy seamless connectivity between devices in their day-to-day life. In
2024, Samsung will vastly improve its connected experience with Samsung Daily+, 4  a hub for
in-home activity. It provides a wide range of services and features — from personal training
and telehealth to video calls and remote PC solutions — in one single interface. New
features include the following:
 
 Workout Tracker: This free service 5  puts real-time exercise data — such as
workout duration and heart rates from wearable devices — on top of users’
content on Samsung screens to keep them both entertained and informed while
working out at home.

 TechnoGym: enhances your home workout with high-quality fitness and wellness
videos from the world-class instructors at TechnoGym. Discover these curated
contents for maximum performance, only on Samsung TV.
 F45: Users can work out and join intensive in-studio training at one of F45’s
3,000+ studios worldwide.
 FlexIt: Live one-on-one sessions with top fitness and wellness professionals
 Tail: provides real-time video consultation with a vet in the comfort of users’
homes. From basic care tips to advanced advice, Dr.Tail has a range of questions
covered. Users can connect with veterinary experts in real time whenever they
need.
 Multi Control: Allows more efficient work from home by giving users control of all
their screens — including TVs, smartphones, and monitors — with a Bluetooth
keyboard or mouse. Users can experience a different way to work by copying and
pasting, reading documents and more across devices.

 
Samsung’s latest 2024 TVs and screens also come with greater compatibility across various
devices within the ecosystem, allowing a more integrated connection between TVs and
smartphones or wearable devices for a greater level of customization, accessibility and
convenience.
 
 Mobile Smart Connect: All of the new featured apps and services are easily
controlled with the SmartThings Mobile Plugin, which transforms the smartphone
into a multi-functional remote that offers users greater control over their screens.
With a straightforward pop-up interface and a customizable UI, the app provides
convenience and enhanced accessibility.
 360 Audio: The audio feature, previously offered on Galaxy devices, has also
expanded to Samsung TVs and screens. Now, Samsung Galaxy Buds seamlessly
connect to TVs to deliver spatial audio for movies, shows and even gaming titles,
so users can be truly immersed in visual content and gameplay.
 Vibrary: Enjoy your favorite artist’s high-quality images via the big screen of your
TV. With Ambient Mode, you can be welcomed every day by your favorite artist.
You can also enjoy photos and music from TV and mobile devices through
Casting, providing a seamless viewing experience.

 
The latest TV and screen lineup also boasts enhanced accessibility offerings, allowing more
consumers to enjoy their favorite content on Samsung Neo QLED than ever before.
 
 Audio Subtitle: The world’s first on-device TV feature that uses AI and Optical
Character Recognition (OCR) technology to provide a voice guide for embedded
subtitles in real-time.
 Remote for Barrier Free: An app designed for users with visual, auditory or
physical disabilities by enabling more thoughtful TV control via smartphones. The
highly customizable app incorporates UI enhancements such as intuitive button
placement, distinct colors and tactile feedback, while also integrating Samsung’s
latest accessibility features such as voice guides for easy access right from the
smartphone.
 Relumino Together Mode: Relumino is a feature that enables people with low
vision to enjoy their favorite TV shows, movies and games without the need for
wearable hardware. With AI technology dynamically outlining the edges of on-
screen elements and rebalance colors, the feature enables users with low vision
to more clearly see people and objects. Relumino Together Mode provides

standard screens and Relumino Mode screens side-by-side, so people with low
vision and their families can enjoy TV together.

 
 
MICRO LED: Pushing the Boundaries of Display Technology
With the new transparent MICRO LED, Samsung is showing the world that there are infinite
possibilities for screens. The screen, which looks like a piece of transparent glass, boasts an
extremely small MICRO LED chip and precision manufacturing process that eliminates
seams and light refraction. This allows the transparent MICRO LED to create a clear,
unobstructed picture for various use cases in both homes and B2B environments.
 
Touting a modular design that allows users to personalize the shape, size and ratio of
screens to fit any space, MICRO LED is a truly innovative screen technology. Samsung’s
years of research and development — stemming from its semiconductor expertise — have
led to an extremely effective process, allowing LED chip operation circuits to be directly
deposited on the glass and thereby mitigating the loss of brightness that users may
experience with conventional displays.
 
 

Offering Wider OLED Lineups To Meet Consumer Preferences

 
Samsung’s 2024 OLED TVs build on the legacy of last year’s models, with the S95D offering
an ultra-large 77-inch canvas for high-detail, a high-frame rate and intensely vibrant video.
The display is 20% brighter than previous models, with deep and rich blacks and AI-
enhanced color accuracy so pure that it’s Pantone Validated™. Samsung has also introduced
the S90D and S85D in various sizes, from 42” to 83’’. 6
 
New ‘OLED Glare Free’ technology 7  — specifically designed for 2024 OLED screens —
preserves color accuracy and reduces reflections while maintaining image sharpness to

ensure an immersive viewing experience, even in daylight. The OLED-optimized, low-
reflection coating overcomes the trade-off between gloss and reflection thanks to a new,
specialized hard-coating layer and surface coating pattern.
 
The S95D’s screen will captivate audiences with advanced, proprietary picture-quality
engines that preserve perfect whites, deeper blacks and accurate colors. In addition to being
Samsung’s brightest OLED screen yet, it also features high refresh rates of up to 144Hz, so
sports fans and gamers can enjoy seamless motion and crystal-clear action on their screens.
 
 
New Lifestyle Products Deliver Bespoke Solutions To Enrich Every Lifestyle
In addition to its award-winning lifestyle lineup that includes The Frame, The Serif and The
Terrace, Samsung is reaffirming its commitment to “Screens Everywhere, Screens for All”
with the various new products in its latest lifestyle lineup. These new additions provide
another level of customization and personalization, as seen below:
 
 The Frame: Already the best-selling lifestyle screen product, The Frame comes
with new enhancements to boost the art experience. Now with over 2,500
artworks from world-renowned museums and galleries in the Art Store, users can
enjoy an Art Store experience that is even better than before. The Frame’s new art
streaming feature gives users a taste of the Art Store’s diverse collection by
providing them with free hand-selected artworks monthly. Moreover, the 2024
Frame helps reduce energy costs by up to 10% with the variable refresh rate
adjustment available in Art Mode. 8
 The Premiere 8K Projector: The Premiere 8K is the world’s first projector offering
wireless connectivity. Removing the need for cables, this solution allows
consumers to keep their living spaces neat and tidy. The ultra-short throw
projector comes packed with smart features — such as picture-off premium home
audio, cloud gaming, always-on voice with far-field mic and four multi-view screen
splits — to extend usability and provide almost increased use cases. The projector
incorporates Samsung’s patented “Sound-on-Screen” technology, integrating the
top speaker module and software algorithms for an immersive sound experience.
 The Freestyle 2 nd  Gen: The second iteration of the portable projector features
Smart Edge Blending, which supports seamless merging of projections from two
The Freestyle devices to create a large screen for pictures and videos. It allows
two devices to project an image as big as 160-inches with a 21:9 screen ratio, with
no manual adjustment needed.

 
 
New Soundbars for Immersive Audio Experience
To top off a home entertainment set up, the 2024 soundbar lineup offers newly updated
models for even more immersive audio experiences, which are particularly bolstered by
advanced AI algorithms.
 
 Music Frame: This customizable speaker is compatible with SmartThings and
provides surround sound when paired with Samsung TVs and soundbars. Music
Frame can either operate as a standalone wireless speaker or pair with a
Samsung TV and soundbar via Q-Symphony to augment bass and surround
sound. Seamlessly blending into its environment by camouflaging itself inside

modern picture frames, Music Frame provides high-quality sound without being an
eyesore.
 HW-Q990D: This soundbar features a 11.1.4-channel configuration, immersive
Dolby Atmos sound and supports pass through of content in 4K 120Hz. It
analyzes audio and uses AI to optimize sound for the perfect experience across a
wide range of content.
 HW-S800D: This ultra-thin, 1.6-inch-deep soundbar is designed to fit seamlessly
into any space and provides rich and immersive sound. At only a third of the depth
of conventional soundbars, the S800D has 10 drivers, including dedicated
overhead speakers and a center channel for crystal-clear vocals. The combination
of a deep bass subwoofer and a passive radiator also enhances the listening
experience with deep, distortion-free bass in a compact form factor. 

 
Samsung’s 2024 TV lineup promises a seamless fusion of cutting-edge technology and user-
centric design, setting the stage for personalized, immersive experiences that redefine the
way people live and engage with their devices.