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Business Wire India - Multimedia: Digest for December 30, 2023

Business Wire India - Multimedia

Multimedia By Business Wire India

Hong Kong New Year Countdown Celebrations

Thursday 28 December 2023 07:11 AM UTC+00
Business Wire India

On New Year's Eve (31 December), the Hong Kong Tourism Board (HKTB) will present the largest-ever New Year Countdown Celebrations with the theme "New Year, New Legend" to the local public and visitors around the world. This year's countdown firework performance promises to be the largest in size and longest in duration. Gather around Victoria Harbour with us and welcome 2024 together under the brilliant fireworks.
 
Mr Dane Cheng, Executive Director of the HKTB, said, "The Hong Kong New Year Countdown Celebrations is one of Asia's most captivating countdown events, and has long been widely covered by the Mainland and international media and attracted large crowds to the performance. This year's celebrations will be the largest that Hong Kong has ever seen on New Year's Eve. Together with an East-meets-West musical, the performance will surely attract large crowds to enjoy the performance in person. I believe that this dazzling audiovisual extravaganza in Victoria Harbour on New Year's Eve will boost the lively, vibrant night-time ambience across the city while showcasing Hong Kong's unique appeal to the rest of the world."
 
Largest-ever firework spectacle created by a world-renowned team
On New Year's Eve, when the countdown clock strikes midnight on the wall of the Hong Kong Convention and Exhibition Centre, Victoria Harbour will be transformed into a grand for the "New Year, New Legend" fireworks extravaganza. The fireworks will span from Central to North Point, covering a distance of 1,300 metres and lasting for 12 minutes.
 
The fireworks choreography was designed by Liu Lin, Fireworks Project's Chief and Director of Fireworks Operation of the 2008 Beijing Olympic Games. The performance was inspired by the changing of seasons, leading the audience on a journey from winter through spring, summer and autumn, then greet winter again as the seasons repeat in a circle of life. Liu said, "The countdown firework performance demonstrates the optimism and diligence of the people of Hong Kong, who inspire boundless vitality and innovation, and have given birth to one legend after another."
 
To provide a better three-dimensional effect, five barges with 16 floats will be deployed in two layers to launch the fireworks from different angles and heights. This will fill the night sky and the harbour with a glamourous, spectacular, sensational feast.
 
The sonata accompanying the fireworks is a new arrangement by renowned musician Chiu Tsang-hei, combining various elements of electronic, classical and Chinese instrumental music. In the middle section, internationally renowned violinist Yao Jue will perform a new arrangement of a classical piece, perfectly demonstrating the glamour of Hong Kong's East-meets-West cultural fusion.

The firework performance has five sections: a prelude, three scenes and the finale (the conceptual photos are for reference only):
 
1) Prelude: Festive winter
Extending from the winter festivities, the performance kicks off with Christmas red and green hues to welcome the New Year.
 		 2) Spring: Blooming liveliness
As spring returns, new life blooms in a wide range of colours.
 
 
3) Summer: Energetic vibes
The beach balls reflect the energy and passion with brilliant summer fireworks.
 		 4) Fall: Heart-warming golden leaves
The golden sparkles resemble the glamourous autumn leaves, creating a dreamy ambience.
 
5) Finale: Writing a new legend together
Winter returns. Different icons and shapes such as hearts and smiley faces, bring the performance to its climax with boundless possibilities, writing a new legend together.
 		 The 12-minute countdown festival will start at 12:00am on the New Year's Day. The Hong Kong Convention and Exhibition Centre will display a giant figure of 2024.
 
 
Make a wish under the brilliant rooftop pyrotechnics
Starting from 11pm, rooftop pyrotechnics will be set off every 15 minutes at three iconic landmarks on Hong Kong Island: Harbour Centre, Harcourt House and Cheung Kong Center. Make your wishes for love, health, happiness and abundance under these brilliant pyrotechnic stars!
 
New vantage points from Kowloon and Hong Kong Island
In addition to the well-known vantage points along the Tsim Sha Tsui waterfront, the Central harbourfront and Golden Bauhinia Square in Wan Chai, the opening of new seaside facilities means the public can enjoy this year's countdown from additional locations. These include the waterfront promenade in West Kowloon Cultural District, the Wan Chai Harbour Chill waterfront promenade, and extending to the East Coast Park Precinct in North Point. Sound systems will also be set up at each vantage point to allow the audience to fully enjoy the firework music. Additionally, Radio 2 of Radio Television Hong Kong (RTHK) will simultaneously broadcast the show's soundtrack, enabling the public and visitors to enjoy this audio-visual celebration feast at various locations along the harbour.

The "Hong Kong New Year Countdown Celebrations" will be fully broadcast live on various platforms, including the HKTB's official website (discoverhongkong.com), social media platforms (the HKTB's Facebook page and YouTube channel), and ViuTV 99 and its website and mobile app. The HKTB will also broadcast the celebrations in other countries and areas through satellite broadcast to share Hong Kong's festivities with audiences around the world.
 
To facilitate the smooth staging of the event, traffic control measures and road closures will be implemented in phases in Central, Tsim Sha Tsui and Wan Chai on New Year's Eve. For sea traffic, sailings will be suspended in central Victoria Harbour, and services at Kowloon Public Pier will also be suspended. Members of the public are advised to refer to the announcements by the relevant government departments.
 
Members of the media can download the press release and photos from the following links:
Press release: https://www.discoverhongkong.com/eng/hktb/newsroom/press-releases.html
Photos: https://assetlibrary.hktb.com/assetbank-hktb/action/browseItems?categoryId=1349&categoryTypeId=2 
Business Wire India

  • Consumers can explore the detailed specifications of the smartphone on the Amazon "Notify Me" page

TECNO, the global smartphone brand, just spilled the beans on when they're dropping their trendiest new smartphone – POP 8! Get ready for the ultimate tech party on 3rd January 2024! The TECNO POP 8 is positioned to be stylish and accessible; it's cool and all about catering to young and upbeat users! Plus, it's proudly 'Made in India.' The TECNO POP series is all about delivering awesomeness for entry-level users, perfect for the vibrant and cool peeps out there.

The TECNO POP 8 is a powerhouse and its coolest feature? Brace yourself – it rocks the speed game with a lightning-fast 8GB (4GB+4GB) RAM, the fastest in its segment, and a whopping 64GB storage! AnTuTu, the big shot in benchmarking, gave it a thumbs up with a score of over 240K for crazy performance and unmatched efficiency. Imagine juggling multiple apps like a pro without a hint of lag – that's the revolution you've been waiting for.

Joining its line-up of cool features, the TECNO POP 8 is rolling out the red carpet for its cutting-edge 90Hz Dot-In Display. Users can now experience super-smooth scrolling and visuals that flow like a dream, making every image pop with jaw-dropping clarity and vibrant colors. It's not just a display; it's like having a magic window to a world full of vivid and captivating experiences, made especially for those who can't get enough of entertainment.

The TECNO POP 8 is way more than an average smartphone – packing a punch with its unbeatable mix of blazing speed, generous storage, and a mind-blowing display. TECNO is on a mission to rewrite the entry-level smartphone experience and give users the keys to unlock their full potential with #POP8UP.

#TecnoPOP8 #POP8Tecno #TecnoPOP8Price #TecnoPOP8Pro #TecnoPOP8ProPrice
Business Wire India

In the age of digitisation, India has grown massively when it comes to finding convenience and mobility with the help of apps. A recent report on the self-drive car rental industry published by Zoomcar, a leading marketplace for car sharing in emerging markets, revealed that India has grown over 3x in the last 5 years despite the COVID outbreak in 2019 and its prolonged impact until 2021. 
 
The report delves into the changing mindset of consumers who now seek more control over their travel experiences and are increasingly opting for the convenience, freedom & privacy offered by self-drive cars. In 2023, 4 out of every 100 people in the country who know how to drive a car preferred to rent one over other modes of transport and a record 84% of people had a 4+ star experience when renting from Zoomcar. 
 
Bengaluru, Delhi & Mumbai emerged to be the top cities where people are fully embracing the idea of renting a car to self-drive over a cab or even possibly buying a car themselves. Furthermore, the report highlights that Indians love variety as the top 5 cars booked most in 2023 includes a mix of Hatchback, SUV & Sedan - Swift, Triber, Ertiga, i10 & Tiago. Each city has its own preferred car models too as Mumbai loves to drive a Baleno, Delhi prefers a Fortuner and Goa majorly booked a Thar.
 
Some more interesting facts:

  • India took 145 round trips to Mars in terms of kilometres travelled.
  • The city of startups – Bengaluru self-drives the most
  • A Hyderabad user drove 17 different cars spending only 2.4L in 2023.
  • A Bengaluru man earned over 41Lakhs in just one year by hosting his car on Zoomcar.
  • Another Bengaluru user has booked a car 944 times in the last 10 years.

 
The data also indicates a notable boom of over INR 150 Cr in earnings in just 1 year by local hosts who share their own cars (Zoomcar went asset-light and switched to a peer-to-peer marketplace model in 2021). This spike in income for hosts is expected to continue in 2024 as 5 new cars get listed almost every hour!
 
Speaking on the findings Greg Moran, CEO and Co-Founder Zoomcar says, "It's been over a decade of building & helping India find the most trusted self-drive car for a convenient & flexible travel experience and we are excited to share some very interesting facts and learnings on India's growth in this industry. We were pleasantly surprised to see some of this mind-blowing data that further instils our passion to continue raising the bar and provide a quality experience with every booking, as we stand at the cusp of our IPO."
 
Zoomcar had recently announced their plans to go public with a NASDAQ listing via a merger with a blank-check firm Innovative International Acquisition Corp earlier in Oct'23.
Business Wire India

Provident Housing Limited, a wholly owned subsidiary of Puravankara Limited focused on mid-segment housing, has announced a unique scheme to assist serving and retired armed forces personnel in owning a home. The developer will offer a special discount of 2 percent for eligible armed forces personnel across projects.

As of last count, India has around 1.4 million serving personnel and around 2.6 million veterans. This scheme aims to help them own a home in a Provident community. A special commitment by Provident Housing to this effect was handed over to Major General Ravi Murugan, AVSM, General Officer Commanding (GOC), Karnataka and Kerala Sub Area, at a meeting in his office.

"We are a forward-looking company with many industry firsts to our name, and we wanted to show our Armed Forces our respect for the protection they provide us. Just as our employees serve the company, our soldiers serve our country with pride and distinction. To show our gratitude, the idea of inviting them into a Provident Home was born," said Mallanna Sasalu, CEO of Provident Housing.

The eligibility criteria include all serving and retired members of the Army, Navy and Air Force, spouses and children of serving and retired members, and officers of the Short Service Commission who have completed full tenure. However, individuals with less than five years of service will not be eligible for the same.

Provident Housing has 12 projects across nine cities, and the discounts will be offered across all existing and new launches till 31st December 2024, after which it will be reviewed again.

For more details on Armed Forces special pricing, contact 080 44555545 or mail forcesregistration@providenthousing.com

Moscow Invites You to Plunge into a New Year's Fairy Tale

Friday 29 December 2023 08:25 AM UTC+00
Business Wire India

From December 15, 2023 to January 8, 2024 the Russian capital is hosting the traditional festival "Journey to Christmas". The event will bring the magical atmosphere of a winter holiday and unforgettable emotions, as well as allow residents and guests of Moscow to plunge into a festive atmosphere.
 
This year "Journey to Christmas" festival will create the atmosphere of New Year miracle on the streets of Moscow for the 12th time and will cover the whole capital with magic. The 36 festival sites will host numerous events dedicated to the main winter holiday, which will acquaint with the history, life and New Year traditions of Moscow. Guests and residents of the capital will be able to go on an amazing journey through the past and present of the city, from boyar times to the present day.
 
Visitors from India will have a unique opportunity to get acquainted with traditional winter folk pastimes. Visitors of the festival will be able to skate on skating rinks and attend unusual ice discos, play curling games and slide down a snow slide. More than 1500 mesmerizing New Year's performances and ice shows by professional actors and skaters will take place at the venues. The festival participants will learn how to wrap presents with their own hands, decorate the house and Christmas tree, and serve the New Year's table at exciting master classes.
 
New Year's celebrations with Ded Moroz and Snegurochka and other fairy tale characters will be held for the young visitors of the festival, where they will be able to make their most cherished wishes. Adults and children will plunge into the festive atmosphere by taking part in snowmen molding, New Year's masquerade, riding on carousels and feeling the magic by participating in the master class "School of Magicians".
 
Travelers will have a unique opportunity to participate in the "Moscow Tea Party" and get acquainted with its history. Guests will learn about tea etiquette and the rules of hospitality and will be able to feel the atmosphere of historical Moscow of different eras. An exciting immersive theatrical program will unfold on Teatralnaya Square, which will take guests back in time and give them the opportunity to taste traditional hot pastries, Moscow tea blends and buy porcelain dishes, jam and other traditional souvenirs.
 
"Journey to Christmas" festival will allow residents and guests of the capital to plunge into the unforgettable atmosphere of the holiday, feel the magic at each venue of the event and get unforgettable impressions and emotions. The festival is one of many events within the framework of the Moscow Seasons project, where tourists from different countries will be able to get acquainted with the culture and history of Russia.
Business Wire India

Vinay Singh, Executive Director and CEO of Thomson Digital and Q&I (QandItoday.com), has been distinguished as one of the eminent leaders in the prestigious "Global Indian Leaders 2023" list curated by World Brand Affairs.

Under his stewardship, Thomson Digital evolved into a transformative digital publishing solutions provider. The company's partnership-centric approach ushered in smart solutions, e-learning, and content development, aligning seamlessly with publishers' evolving business objectives. Leveraging advanced technologies like Artificial Intelligence and Machine Learning, Thomson Digital spearheaded a paradigm shift in smart publishing, revolutionizing the industry's digital landscape.

Amidst his achievements, Vinay Singh champions Q&I, a pioneering educational initiative under Thomson Digital. Q&I stands as an educational powerhouse, propelled by cutting-edge research and a mission to enhance student performance. Its platform revolutionizes exam preparation, accommodating diverse educational systems from self-preparation to tutoring and school-based learning. The platform's bedrock rests on assessment-led learning, personalization, and engagement—fundamental pillars that redefine the learning process.

The "Global Indian Leaders 2023" compilation identifies leaders across diverse sectors who stand out globally for their exceptional contributions. These leaders exemplify innovation, resilience, and unwavering commitment to excellence in their respective industries. Their presence in this esteemed list signifies their remarkable accomplishments and their role in propelling their companies toward unprecedented success.

Vinay Kumar Singh's visionary leadership, underscores his strategic insights and unparalleled dedication to transforming educational paradigms. His inclusion in the "Global Indian Leaders 2023" list stands as a testament to his exceptional ability to navigate challenges, adapt to dynamic market trends, and consistently deliver groundbreaking results.
Business Wire India

Sharekhan, one of India's most trusted full-service online brokerage houses, unearthed a worrying trend in the findings of its 'Serious About The Markets' pan-India study, conducted in conjuncture with Kantar. The study found that 32% of Newbie Futures & Options traders claim they couldn't judge the market movement & 13% claiming that lack of enough trading knowledge are the primary reasons for losses incurred, leading to an aggregate of 45% of them hinting "not knowing enough" is at play. Additionally, more than half, i.e. 55% of traders buy more to average out their losses in trades.

This report comes in the wake of the SEBI's findings that a high percentage of investors are losing money in F&O trading. The report revealed 9 out of 10 individual traders in equity F&O segment incurred an average loss of Rs. 1.1 lakh during FY 2022. Most of them were operating in the Options segment. Taking note of this SEBI study Sharekhan wanted to understand how seriously new comers were approaching the F&O segment and the challenges being faced by them, and therefore it commissioned this pan-India survey called 'Serious About The Markets'.

Jean-Christophe Gougeon, Chief Marketing Officer, Sharekhan, comments: "While we were happy to find out that new comers are quite aware of the risks and their own lack of knowledge we are concerned about the survey's findings on the approaches taken to decide where to trade in F&O and the lack of required discipline when it comes to trading. We sincerely urge everyone to not take a casual or short-cut approach and to do either take help from SEBI registered professionals, full-service brokers or do their own proper research before they enter the F&O segment. Our new campaign is in this direction to help new comers be more aware about the casual approaches that one should avoid."

The survey, methodically conducted by Kantar pan-India, spanned a diverse group of participants across various demographics and geographies, lending credibility and depth to the findings.

Key Findings from Sharekhan's Serious About The Markets survey:

  • Misplaced Expectations: 40% of newbie traders claim that their main reason for entering the Futures & Options segment is due to the chance of making quick and easy money and 48% of them believe that 30% to 50% of people are consistently making 'good returns' from the F&O segment

  • Dependence on Non-Professional Advice: A significant portion of traders (53%) are spending their trading capital most often basis inputs from family & friends and mentions on social media/ websites/YouTube videos which can lead to ill-informed trading decisions and increased risk.

  • Lack of Applying Strategies: A startling 35% of traders do not use or apply any specific trading strategy, which can often lead to risky trading decisions. This includes strategies such as Straddle and Strangle being known but found difficult to implement. Only 5% of traders claim they are using Algo strategies provided by specialized companies/ websites

  • Inadequate Use of Stop-Loss: Only 42% of traders claim to use Stop-Loss in half of their trades whereas 16% claim they use it very rarely, indicating a key component in managing trading risks effectively is not being used enough

In light of the findings from this 'Serious About The Markets' survey, Sharekhan has partnered with Stocktwits to put out an educational video series with experts called "Let's get serious". This series will also be complemented with infographics that take parts of the survey and provide the right guidance via SEBI registered professionals. Stocktwits is the largest social network for investors and traders whose mission is power the global conversation for investors & traders of all levels in order to connect, learn, profit and have fun.

Gaurav Dua, Head of Capital Market Strategy at Sharekhan, adds: "The recent study's findings serve as a crucial wake-up call for traders, particularly those new to the F&O market. It starkly highlights the urgent need for robust advisory services and comprehensive education in the trading community. At Sharekhan, we recognize the critical nature of this gap and are deeply committed to bridging it. Our focus is on providing our clients with highly informed and strategic research recommendations, tailored to various risk profiles. We aim to empower our clients with the knowledge and tools necessary to navigate the complexities of the F&O market more effectively and confidently. Our goal is to transform their trading journey into a more successful and sustainable one, underpinned by solid strategies and sound decision-making."

Anand Parameswaran, Executive Director & Head of BFSI Practice at Kantar, adds This study done in partnership with Sharekhan has uncovered many interesting but concerning trading practices of newbie traders in the Futures & Options segment. It is important for investors to have a more disciplined approach and incorporate more diligence & rigor in their research before investing their hard-earned money.

Initiatives to educate & train them on the fundamentals of investing in Futures & Options market are quite likely to be beneficial. The newbie trader community need to be better equipped for risk management and can thus take informed & well researched investing decisions. The Futures & Options market which could see increased interest and wider participation in the future. 
 
In light of these findings, Sharekhan strongly encourages F&O traders to seek professional advice and education. And to that extent Sharekhan's investor education strategy goes beyond conventional marketing. The in-house Sharekhan Classroom modules and its subsidiary Sharekhan Education's Power Money Webinar offer a range of learning modules, emphasizing the brand's commitment to an informed approach for succeeding in the stock market. This initiative aims to improve trading outcomes and foster a more informed and strategic trading community.
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