Agency News
DBS Foundation announces inaugural ‘Impact Beyond Award’ for purpose-driven solutions that tackle challenges related to ageing populations
India, 27 September 2024 –
- Grants of up to SGD 1 million each will be awarded to three transformative businesses in the tenth year of DBS Foundation.
- The focus on ageing aligns with DBS Foundation’s dual emphasis on providing essential needs and fostering inclusion for vulnerable communities.
Marking a decade of creating impact, the DBS Foundation unveiled the new Impact Beyond Award with an aim to support enterprises that provide innovative solutions to the world’s most ‘wicked’ problems. Each year the Award intends to pose a challenge statement and invite businesses to pitch their transformative ideas. This year the focus will be on ageing and the Foundation will be seeking solutions that will enable everyone to grow old with dignity and purpose.
According to the 2023 India Ageing Report by United Nations Population Fund (UNFPA), the percentage of the elderly demographic (60 years and above) in India is projected to double to over 20% of the total country’s population by 2050. While an ageing population can be viewed as a societal challenge, the DBS Foundation believes it can also be an opportunity to be harnessed – both to change traditional mindsets, as well as to scale ‘longevity businesses’.
The Award is part of DBS’ SGD 1 billion commitment over ten years to uplift vulnerable segments of society, and complements the longstanding DBS Foundation Grant.
Each of the three Impact Beyond awardees will receive prize money of up to SGD 1 million beyond financial support, the winning enterprises will be mentored by the bank’s senior management and other business leaders, and gain access to potential investors. It is open to social enterprises and small-and-medium enterprises (SMEs) that have at least SGD 5 million in annual revenue in the most recent financial year. Applications from around the world are welcomed, and the application window is open from 20 September to 30 November 2024.
Azmat Habibulla, Managing Director and Head of Group Strategic Marketing & Communications, DBS Bank India, said: “The introduction of the Impact Beyond Award marks a significant milestone in DBS Foundation’s ten year journey. This year’s spotlight on tackling the issues linked with an ageing society are a demonstration of the Foundation’s commitment to empowering the most vulnerable segments of the population. The complexities of an ageing demographic in India will only keep increasing and we believe that this award will be a catalyst to scale purpose-driven solutions in healthcare, social support systems and financial inclusion to improve the quality of life of senior citizens. With DBS’s holistic approach that goes beyond banking, we are looking forward to championing these businesses and fostering long-term inclusivity through innovative solutions.”
DBS Bank, which is approaching its 30th year in India, recently launched a priority banking program for senior citizens called ‘DBS Golden Circle’, which has been designed to offer a comprehensive suite of benefits and services, focused on making banking simpler and more rewarding for resident Indian citizens aged 60 years and above. In 2020, the DBS Foundation awarded a grant to ElderAid Wellness, a Business For Impact that provides a range of home-based health and wellness services to support the elderly and enables them to live their golden years with independence, dignity and security.
For more information on the DBS Foundation, please visit: www.dbs.com/dbsfoundation
About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia, and South Asia. The bank’s “AA-” and “Aa1” credit ratings are among the highest in the world. In 2024, CRISIL Ratings reaffirmed its ‘CRISIL AAA/Stable’ rating on the corporate credit facility of DBS Bank India Ltd (DBIL). The rating on the certificate of deposits programme was also reaffirmed at ‘CRISIL A1+’.
Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney, and “Global Bank of the Year” by The Banker. As a different kind of bank, DBS is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 15 consecutive years from 2009 to 2023. In line with its focus on responsible banking, DBS was named the Best Bank for Sustainable Finance – India by Global Finance in 2024. Additionally, DBS Bank was ranked among the top 3 on Forbes’ list of the World’s Best Banks in India for three consecutive years, from 2020 to 2022.
DBS Bank has been present in India for 30 years, opening its first office in Mumbai in 1994. DBS Bank India Limited is the first among the large foreign banks in India to start operating as a wholly owned, locally incorporated subsidiary of a leading global bank. As a trusted partner, DBS provides a range of banking services for large, medium, and small enterprises and individual consumers in India, focusing on a seamless customer experience that helps them ‘Live more, Bank less’. In November 2020, Lakshmi Vilas Bank was merged with DBS Bank India Limited. DBS Bank India now has a network of ~500 branches in 19 Indian states.
DBS is committed to building lasting relationships with customers as it banks the Asian way and understands the intricacies of doing business in the region’s most dynamic markets. Through the DBS Foundation, the bank creates impact beyond banking by supporting businesses for impact: enterprises with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping underserved communities with future-ready skills and helping them to build food resilience.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.
Media Contacts:
DBS Bank India Rohini Rego rohinirego@dbs.com 99305 49207 |
Adfactors PR Chennakeshav Shenoy Ck.shenoy@adfactorspr.com 9819266998 |
Agency News
Ensuring Quality Materials for India’s Growing Infrastructure Needs
India’s infrastructure is rapidly developing, with new buildings, roads, and bridges transforming landscapes across the country. This growth, however, highlights a critical concern: the quality of construction materials. As the nation seeks to build robust, sustainable, and safe structures, it is crucial to prioritise materials that meet the highest standards, ensuring longevity and safety for generations to come.
The Growth of Indian Infrastructure and Its Challenges
India is experiencing an infrastructure boom driven by urbanisation, economic expansion, and a rising population demanding better facilities. Cities are expanding, highways are stretching across states, and housing projects are mushrooming in urban centres and rural areas alike. This growth brings economic benefits and enhances connectivity but also creates challenges, particularly in maintaining quality standards.
Unfortunately, cases of building collapse, structural failures and deterioration due to subpar materials are all too common. Poor-quality construction materials put lives at risk and lead to frequent repairs, high maintenance costs, and premature replacements that strain public resources. As the backbone of a developing nation, Indian infrastructure requires materials that can withstand time, climate variations, and heavy usage.
The Importance of Quality in Construction Materials
Using high-quality materials in construction is more than a matter of aesthetics; it is a safety imperative. Quality materials enhance structural integrity, ensuring that buildings and other infrastructure can withstand natural disasters, environmental stress, and regular wear and tear. When substandard materials are used, the consequences can be disastrous, leading to potential safety hazards, loss of investments, and even tragic accidents.
The most crucial materials in infrastructure development include cement, steel, concrete, and bricks. These materials must meet specific quality standards to ensure a building’s resilience and safety. For instance:
Cement should have the suitable composition and strength to hold the structure together.
Steel must be corrosion-resistant and durable, especially in coastal and humid regions with a higher risk of rust.
Concrete needs to be mixed correctly to ensure load-bearing capacity and longevity.
Bricks should be uniformly solid and resistant to weather changes.
Ensuring Compliance with Standards
India has strict standards for construction materials regulated by the Bureau of Indian Standards (BIS). These standards provide guidelines for the composition, durability, and testing of materials, ensuring they are fit for construction purposes. Unfortunately, enforcement remains a challenge. Numerous reports have shown that unregulated suppliers cut corners to maximise profit, compromising the quality of materials supplied to construction sites.
To address this, authorities and industry stakeholders need to collaborate to monitor and enforce standards more rigorously. Mandatory quality checks and certifications should be implemented at each material production and distribution stage. Additionally, raising builders’ and consumers’ awareness of the risks associated with subpar materials can empower them to make more informed choices.
The Role of Innovative Solutions in Quality Assurance
In recent years, the construction industry has begun embracing technology to improve material quality and testing processes. Advanced testing equipment, digital quality monitoring, and AI-powered inspection tools are helping manufacturers and contractors maintain high standards. These tools offer real-time insights into material composition, strength, and durability, enabling proactive identification and correction of inconsistencies.
Sustainable materials and eco-friendly practices are also gaining traction as India focuses on reducing its carbon footprint. Materials such as recycled steel, low-carbon concrete, and eco-bricks meet high standards and contribute to environmental conservation. Embracing these innovations can help India create strong and sustainable infrastructure.
The Path Forward: Prioritizing Safety and Sustainability
India must collectively commit to quality assurance to continue its infrastructure growth without compromising safety. Policymakers, construction companies, material suppliers, and consumers all contribute to promoting this quality-focused approach to building infrastructure.
Critical Steps for Ensuring Quality Materials in Infrastructure:
Stricter Enforcement of Standards: Authorities should strengthen enforcement mechanisms to ensure compliance with BIS standards across all stages of construction.
Enhanced Testing and Certification: Mandatory testing and certification of materials can help identify substandard products before they reach construction sites.
Awareness and Training: Educating builders, contractors, and consumers about the importance of quality materials can foster a culture prioritising safety and durability.
Embracing Technological Innovation: Leveraging technology for quality control can streamline inspection processes, reduce human error, and ensure consistent material quality.
Sustainable Material Choices: By adopting eco-friendly materials, the construction industry can reduce environmental impact while ensuring that structures are built to last.
Conclusion
As India builds for the future, quality must be considered. The country’s infrastructure needs are vast, but they must be met with integrity, responsibility, and a commitment to safety. Ensuring high-quality construction materials is essential for creating infrastructure that supports growth, protects lives, and stands the test of time.
Dukoll.in remains committed to supporting and promoting high standards in India’s construction sector, recognising the vital role that quality materials play in shaping a safe, resilient, and sustainable nation.
Agency News
SEO Spidy Launches Affordable SEO Services in Delhi to Empower Local Businesses with Enhanced Online Visibility
Delhi, India – November 01, 2024 – SEO Spidy, a leading name in digital marketing, proudly announces the launch of its affordable SEO services tailored to support businesses of all sizes across Delhi. As an established SEO agency in Delhi, SEO Spidy provides data-driven SEO strategies designed to improve search rankings, boost web traffic, and drive sales for businesses seeking cost-effective digital solutions.
Recognizing the needs of startups, SMEs, and large enterprises alike, SEO Spidy combines expertise and innovative techniques to ensure that all businesses can achieve high-impact SEO results without overextending their budgets. With a commitment to transparency and measurable outcomes, SEO Spidy has become the trusted partner for companies looking for an affordable SEO company in Delhi that delivers both value and results.
“Our mission is to make premium SEO services accessible to all businesses in Delhi,” says Rahul Sharma, CEO of SEO Spidy. “With our affordable plans, clients can enjoy the same competitive advantages and cutting-edge strategies that large corporations benefit from, tailored to their individual budgets and growth goals.”
Comprehensive and Customizable SEO Solutions
SEO Spidy’s SEO services in Delhi include a full range of solutions that can be customized to fit the unique needs of each client. The company’s dedicated team employs the latest SEO best practices, such as comprehensive keyword research, on-page and off-page optimization, content creation, and technical SEO enhancements.
Key Services Offered:
Keyword and Market Research: Targeted keyword strategies to reach the right audience and achieve higher rankings in search results.
On-Page and Off-Page Optimization: End-to-end optimization services, including meta tags, link building, and directory submissions.
Content Strategy and Creation: SEO-friendly content that appeals to both search engines and human readers.
Local SEO Services: Specialized approaches to improve visibility for businesses serving the local Delhi market.
Performance Analytics and Reporting: Regular reports and insights that allow clients to track their SEO progress and ROI.
“Our clients appreciate the way we balance quality with affordability. By focusing on transparent strategies and quantifiable results, we’re enabling companies across Delhi to harness the power of SEO,” adds [Spokesperson’s Name].
Why Choose SEO Spidy as Your SEO Agency in Delhi?
SEO Spidy distinguishes itself as a premier SEO agency in Delhi by focusing on tailored, results-oriented strategies designed to maximize growth potential for each client. From increasing organic search visibility to driving quality leads, SEO Spidy’s experienced team works closely with clients to deliver SEO strategies aligned with their specific goals.
Through its focus on affordability and quality, SEO Spidy offers businesses a sustainable and effective path to digital growth, helping them capture more attention and engagement in the competitive online landscape.
About SEO Spidy
SEO Spidy is a premier digital marketing and SEO agency based in Delhi, offering a complete suite of digital marketing services including SEO, website design, and content marketing. With a track record of success and a commitment to client satisfaction, SEO Spidy has helped numerous Delhi-based businesses achieve their digital marketing goals and increase their online reach.
For more information about SEO Spidy’s affordable SEO services in Delhi or to schedule a consultation, visit seospidy.com/seoservicescompanydelhi.
Contact:
SEOSpidy
Email: info@seospidy.com
Website: www.seospidy.com
Agency News
Challenges in Building a Drone Marketplace: Key Insights and Lessons
As drone technology advances and adoption increases across various industries, the demand for reliable and scalable drone services has surged. Sectors such as telecommunications, agriculture, and infrastructure are rapidly integrating drones to optimize their operations, from inspecting telecom towers to surveying large plots of land or infrastructure projects.
In this environment, the concept of a drone marketplace—an online platform that connects certified drone pilots with businesses in need of their services—has gained significant traction. However, building and scaling such a marketplace is no simple task. Drawing from firsthand experience, this article will explore the key challenges involved in establishing a thriving drone marketplace, offering practical insights into the complexities of managing pilots, adhering to regulations, acquiring clients, and scaling across regions.
Section 1: Navigating Regulatory Complexities
One of the most significant hurdles is dealing with the varied and evolving regulations governing drone operations. Rules differ across regions, impacting airspace access and safety protocols.
For a marketplace to operate smoothly, it must stay updated on regulatory changes and ensure that pilots have the necessary permissions. Compliance systems and automated tools can help streamline this process, while also fostering trust with clients by guaranteeing that operations are legally sound and safe.
Section 2: Building and Managing a Pilot Network
Recruiting and managing a reliable network of skilled drone pilots presents its own challenges. Standardizing operations across a diverse group of pilots, ensuring consistent quality, and maintaining safety protocols are crucial for a successful marketplace.
Training, certification, and ongoing support are key to maintaining pilot standards. Additionally, building trust between clients and pilots through transparent rating systems and consistent communication helps create a reliable service ecosystem, enhancing the marketplace’s reputation. Also managing the expectations of these drone pilots for continued projects. It’s the balance between supply and demand which is aligning clients and drone pilots expectations.
Section 3: Technological Integration
Creating a seamless connection between drone pilots and clients requires integrating diverse drone hardware and software systems. Ensuring that the platform supports various technologies while offering real-time communication and data sharing is essential for smooth operations.
The complexity increases with the addition of advanced data analysis and AI-driven tools, which are often necessary to meet client expectations. Balancing technological innovation with ease of use is a constant challenge in scaling the marketplace.
Section 4: Client Acquisition and Trust
Acquiring clients, especially large enterprises, is a critical challenge in a drone marketplace. Businesses need assurance that the pilots and services they hire are both reliable and compliant with regulations.
Building trust with clients requires delivering consistently high-quality service, providing transparent feedback mechanisms, and ensuring safety and compliance. Offering service guarantees or using pilot rating systems helps strengthen the marketplace’s reputation, making it more attractive to new clients.
Section 5: Scaling and Global Expansion
Expanding a drone marketplace beyond its initial geographic region introduces challenges such as regulatory differences, local market needs, and operational logistics. Each new region may require unique adjustments in terms of legal frameworks, cultural preferences, and infrastructure.
Successfully scaling requires a flexible approach that adapts to different environments while maintaining the core platform’s integrity. Streamlining operations and automating processes where possible can help ease the burden of global expansion.
Section 6: Sustaining a Business Model
Balancing competitive pricing with a sustainable business model is a challenge for any marketplace. Pricing structures need to reflect the value provided by the platform while ensuring pilots are fairly compensated.
Diversifying revenue streams, such as offering premium services or additional features like data analysis, photogrammetry processing and analysis can help the marketplace remain profitable in the long term without sacrificing client affordability.
Conclusion:
Building and scaling a drone marketplace involves navigating complex regulations, managing a network of pilots, and acquiring clients, all while ensuring technological integration and business sustainability. By overcoming these challenges, drone marketplaces can unlock significant opportunities across a range of industries, creating value for both pilots and clients alike.
Rakesh Routhu, a Drone Expert and previously the Co-Founder of Aerologix says – ”Aerologix focuses on drone-based services. It specializes in connecting clients with drone pilots to offer various aerial data capture solutions, including inspections, surveying, mapping, and real-time data analysis for industries such as agriculture, infrastructure, and more.”
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