May 3, 2019 | Business
Forbes India and Stonex India Private Limited hosted the Forbes India Design Awards 2019 in Mumbai. The award show honored and recognized innovative & cutting edge of architectural & interior practices in India. The awards showcased path breaking works and best design solutions to bring to fore the difference a design can make.
Stonelam Laminam, the pioneer in large format thin porcelain slabs powered these prestigious awards.
The awards recognized designs across varied categories. The judging panel comprised of eminent architects & designers.
“With the rapidly evolving world of Architecture, India is witnessing a lot of incredible work at the moment. Forbes India has always sought to reward and encourage industry innovation, and we are enjoying the prodigious response received for the inaugural Forbes India Design Awards. We are excited and look forward to continue these awards as the definitive authority for the finest décor and architecture across the country,” says Brian Carvalho, Editor, Forbes India.
Forbes India Design Awards 2019 proved to be an extensive award program that honored the individuals who achieved a high standard of excellence in design. The program successfully highlighted and recognized remarkable projects that made significant contributions in the given sectors:
Category: Best Retail and Hospitality Interiors
Project name: Misu Restaurant
Firm name: FADD Studio
Category: Best Institutional Interiors
Project name: The Design Village
Firm name: Archohm Consults
Category: Best Office Interiors
Project name: The New Studio
Firm name: Artha Studio
Category: Best Commercial Architecture
Project name: Sanket India
Firm name: Dipen Gada & Associates
Project name: Malabar Headquarters
Firm name: Stapati
Category: Best Group Housing Architecture
Project name: Pali Palms
Firm name: SEZA – Seema Puri and Zarir Mullan Architects and Interior Designers
Category: Best Hospitality Architecture
Project name: Cardamom Club
Firm name: Kumar La Noce
Category: Best Architecture: Institution/Culture/Public
Project name: Apollo Tyres Global R&D Centre
Firm name: Calm Studio
Category: Best Architecture: Social Impact Projects
Project name: Church Street Redevelopment Project
Firm name: Venkataramanan Associates
Category: Best Conservation and Restoration Architecture
Project name: Haveli Dharampura
Firm name: Spaces Architects @ka
Category: Best House Architecture
Project name: House of Three Streams
Firm name: Malik Architecture
Project name: A Farmer’s Abode
Firm name: Artha Studio
Category: Best House Interiors
Project name: 42 Wagholi
Firm name: Dar & Wagh Designs
The collaboration with the India’s foremost business magazine, Forbes India, has led to the creation of a platform to recognized the growing talent and innovation in the Architecture industry every year.
Stonex India’s association with Forbes India for Forbes India Design Awards 2019 is milestone in this field, as both names are famous for their committed support in the evolution of design and architecture.
On sharing the platform with Forbes India, Mr. Gaurav Agrawal, Chairman & Managing Director, Stonex India states, “Stonex India is thrilled to be part of this voyage to excellence with Forbes India. Forbes India Design Awards 2019 celebrated and awarded the extraordinary individuals for their eminent contribution to the Indian architecture. This is the beginning of a journey to fineness in the endeavor of discovering unequivocal excellence.”
Manisha Natarajan, Group Editor, Real Estate & Urban Development, Network18 says, “It’s exciting to associate with such esteemed awards that celebrate the mark of excellence, recognizing the best architecture, designers and architects. This is a platform for those who have championed and celebrated the best architecture.”
Through the Forbes India Design Awards, Stonex India has successfully recognized and awarded the best in the fields of conservation and socially responsible architecture by some of India’s most innovative practices. The award ceremony was felicitated at a grand ceremony in Mumbai. The event was a success with the presence of industry veterans gathered to celebrate the outstanding work architects.
May 3, 2019 | Business
L&T Technology Services (BSE: 540115, NSE: LTTS), India’s leading pure-play engineering services company, announced its results for the fourth quarter and full year ended March 31, 2019.
Highlights for FY19 include:
USD Revenue at $723 million; constant currency growth of 26.5%
Revenue at Rs. 50,783 million; growth of 36%
Net profit at Rs. 7,656 million; growth of 51%
Board has recommended a final dividend of INR 13.5 per share
Highlights for Q4FY19 include:
USD Revenue at $191.3 million; growth of 3.0% QoQ and 18% YoY
Revenue at Rs. 13,431 million; growth of 2.0% QoQ and 27% YoY
EBITDA margin at 18.5%; up by 240bps YoY
Net profit at Rs. 1,915 million; growth of 3.2% QoQ and 21% YoY
During the quarter, LTTS won 9 multi-million dollar deals across all industry segments. On a YoY basis, LTTS has increased its USD50mn+ clients by 2, USD10mn+ clients by 4 and its USD5mn+ clients by 10.
“We had an excellent year, growing ahead of the industry once again. Growth in FY19 was broad-based and we achieved our target of double-digit growth in all 5 of our industry segments. Digital & leading-edge technologies – the growth driver for ER&D, contributed to 33% of FY19 revenues and grew by 58% YoY. Operational metrics too showed an improvement and aided the EBITDA margin expansion of 250bps in FY19.
Our strategy of continuously investing in new capabilities, cross-pollinating innovation across industry segments, and a deep understanding of core engineering disciplines has enabled us to participate in larger and more strategic engagements with our customers. We see ourselves well positioned to partner our customers in their key priorities of digital transformation, product modernization and R&D productivity improvement,” said Dr Keshab Panda, CEO & Managing Director, L&T Technology Services Limited.
Industry Recognitions:
LTTS was recognized as a “Leader” and ranked among the Top Engineering Service Providers for Medical Devices by Everest Group.
Patents
At the end of Q4FY19, the patents portfolio of L&T Technology Services stood at 399, out of which 288 are co-authored with its customers and 111 are filed by LTTS.
36 new patents were added in the quarter with 12 being filed by LTTS and 24 co-authored with customers.
Human Resources
At the end of Q4FY19, LTTS’ employee strength stood at 15,140, a net addition of 363 during the quarter.
May 3, 2019 | Business
It’s that time of the year again where ‘taking a vacation’ is on everyone’s mind. The season of family summer vacations brings along tremendous excitement for parents and kids alike to explore new destinations and spend some quality time together. Holidays are when families experience the best moments, beautiful memories are created and family communication increases, in particular. No wonder then, every family is always looking forward to a well-deserved break from work, chores or homework.
However, it is important that we plan financially as well to meet all the expenses of the holidays. One needs to take care of multiple components like flights, hotels, activities, leisure activities, etc. There would be times when you are not ready with the finances to plan an elaborate trip and for such occasions Bajaj Finserv in collaboration with RBL Bank offer the ‘Bajaj Finserv RBL Bank SuperCard’. This is by far one of the best credits cards in India currently, giving you the power of 4 cards in 1 – Credit Card, Cash Card, EMI Card and Loan Card. Some of the salient features of the card are:
Emergency Loan
The card comes with this amazing option of converting your existing cash limit in to a personal loan. The best part about this loan is that it comes with up to90-day interest free period and the loan could be repaid in 3 easy EMIs. This facility helps you in taking care of those unforeseen expenses that prop up during any vacation.
Safety & Security
Safety is of utmost priority of the card and hence it comes with ‘In-Hand Security’ and ‘Zero fraud liability cover’ to ensure your travel with your family without any stress.
Earn reward points and discounts
The more you spend, the more you earn with the Bajaj Finserv RBL Bank SuperCard. Each transaction enables you to win points, which could be redeemed later. You also get to earn at every milestone you achieve. Not only that, you also end up saving more with every purchase and can get up to Rs. 55,000 + annual savings. So go on a shopping spree in your next family vacation.
Airport lounge access
While travelling, you can also get complimentary airport lounge access, up to 2 times in a year, along with unlimited paid access.
Easy EMI conversions
Any purchase, of over Rs. 3000, that you make with the card could be converted into EMIs instantly. This enables you to have more cash limit in the card to enjoy that well-deserved holiday of yours.
May 3, 2019 | Entertainment
The thin film and printed battery market offers nano-size batteries that can be used in various products such as mobile phones, tablets, laptops, etc. The global semiconductor market revenue amounted to $ 292 billion in 2012. Thick films and printed batteries are expected. an important part of the market, as more emphasis is placed on nanotechnologies.
