Day: June 8, 2023

Concept Public Relations’ BFSI team strikes gold at The Great Indian BFSI Awards, 2023 inclusive of winning the ‘The Great Indian BFSI PR Agency of the Year’ for the second consecutive year India, June 08: Concept Public Relations India Ltd’s BFSI team won two coveted recognitions at The Great Indian BFSI Awards, 2023. The awards, organised by the BFSI Digital Stallions Forum, honour campaigns, professionals,…

India, June 08, 2023: Axis Communications, the market leader in network video, successfully concluded its first integrated Annual Partner Summit for 2023 in India, representing the entire South Asia Pacific region. Held in Goa, the event brought together industry leaders, technology experts, and Axis partners from the region for a two-day immersive experience to ignite innovation and collaboration in the security and surveillance landscape. The…

The #1 model on the Hugging Face Open LLM Leaderboard is now available to customers via Amazon SageMaker Jumpstart, making it easier to build cutting-edge generative AI applications using the top-performing open source model India – June 8, 2023 – Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, today announced that Technology Innovation Institute (TII), a leading global scientific research center in Abu Dhabi,…

Mumbai, India – June 08th,2023- Synology, a global leader in network-attached storage (NAS), IP surveillance, and network solutions, is proud to announce a strategic partnership with its India local partner, Data Skill Systems, to present Synology’s innovative storage solutions for the media and entertainment industry. As part of this collaboration, Data Skill Systems will also be unveiling its new Experience Center, dedicated to showcasing Synology’s…

Mr. Soumitra Majumdar, Partner, JSA “RBI’s monetary policy statement do significantly allay fears of economic slowdowns in India. The Indian economy should be able to weather several risks and geo-political tensions plaguing several developed economies and prove to be a stable and consistent investment destination. Though showing positive trends, however, inflation continues to remain the centre of RBI’ attention. Cleaner balance sheets of banks and…

Siddhartha Sanyal, Chief Economist & Head Research, Bandhan Bank. Quote: “The status quo on the repo rate in today’s MPC meeting was almost a foregone conclusion and the committee did not spring any surprise. Interestingly, despite lowering the Q1 FY24 CPI inflation forecast by 50 basis points, the CPI projection for the full year was kept almost unchanged. As expected, the RBI underscored that the…

Quote – Ms. Achala Jethmalani, Economist, RBL Bank “In a no surprise move, monetary policy maintained a status-quo on policy rates and stance. It remains in a ‘wait & watch’ mode and vigilant on inflation trajectory. We expect a pause on policy rates through CY2023 while modulating system liquidity. The window for policy pivot to rate cuts could open-up in 1H CY2024, if inflation trajectory warrants given…

Bengaluru, 8th June 2023: PingSafe, the only CNAPP platform powered by attacker’s intelligence, announced its launch on Google Cloud Marketplace today. Google Cloud users can now quickly find and deploy PingSafe’s CNAPP platform on the Google Cloud Marketplace, streamlining the onboarding process and allowing users to proactively secure their Google Cloud real estate. “PingSafe was built with the vision of securing the cloud and making…

Mr. Rajiv Agarwal, MD & CEO, Essar Ports “Today’s announcement of the RBI Monetary Policy is a result of the overall positive outlook of the Indian economy and that the inflation is under control. This reflects that India has decoupled from the rest of the world in terms of inflation and growth rates. We should expect a downward reduction in the rates in coming times.”

Mr. Dhiraj Relli, MD & CEO, HDFC Securities “The RBI MPC left the repo rates unchanged at its meet on June 08 in line with street expectations. MPC members were in a sweet spot in the backdrop of higher than expected GDP numbers and moderating headline and core inflation print.  The MPC continued with the ‘withdrawal of accommodation’ stance (with 5:1 majority), as liquidity has…

Simpl partners with McDonald’s India to enable a seamless 1-tap checkout experience for millions of its customers online This partnership assumes significance with an increasing number of customers ordering online Mumbai, 08 June 2023- Simpl, India’s foremost 1-tap checkout network, today announced a partnership with McDonald’s India (West & South), to bring a seamless online checkout experience to millions of customers. Simpl’s integration with the…

Delhi, 8 June 2023: Forever New is an illustrious fashion empire hailing from the vibrant city of Melbourne, Australia. Since its inception in the twilight of 2006, this extraordinary brand has rapidly ascended to become one of the most revered and fastest-growing Australian marvels. With a presence in over 250 stores across seven countries, Forever New has garnered a reputation for its celebration of feminine…

Mr. V Swaminathan, executive chairman, Andromeda sales and Apnapaisa.com The RBI’s decision to maintain the policy rates unchanged is positive news for borrowers, especially considering the global apprehensions that persist in advanced economies. However, the Reserve Bank of India remains focused on preserving price and financial stability while ensuring adequate flow of financial resources to all productive sectors of the economy. It is encouraging to…