Bengaluru (Karnataka) [India], March 23 (ANI/BusinessWire India): Tredence, a leading AI engineering and analytics services company, today announced their first employee stock buyback program, at the back of a Series A funding of 30 million USD from Chicago Pacific Founders.
Tredence offers to buy back employee stock worth 3.5 million USD. This is a global program, open to their 750 employees worldwide. Eligible employees can liquidate up to 50 per cent of their vested ESOP units. At 6x the book price of each unit, this program provides liquidity options and will be a wealth creation opportunity for the organization’s early and high-performing employees.
“The employee stock buyback program is a testament to our growth and our vision towards fostering a rewarding work culture for our people. 25 per cent of our cap table has always been reserved for employee stock options. As we grow, we want to provide wealth creation opportunities to our employees and enable them to grow along with us,” said Pratap Daruka, Chief Financial Officer, Tredence.
In the last seven years, Tredence has registered a CAGR of more than 50 per cent. This buyback program is representative of the organization’s past growth and faith in its future prospects. “We have a strong sense of ownership at Tredence. Employees are our strongest asset; they turned an uncertain year into one of the brightest years for Tredence. With this buyback program, we wish to show our employees that their participation and efforts do pay off,” said Shub Bhowmick, Chief Executive Officer, Tredence.
As part of its growth strategy, Tredence is expanding its geographic footprint in Canada, Europe and China. The company is planning to hire 700 employees in 2021 across markets.
This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)

Ahmedabad (Gujarat) [India], March 23 (ANI/PRNewswire): Astral Foundation is a CSR arm of the Astral group functioning for sustainable development. This World Water Day, Astral Foundation has taken up a unique initiative of making water accessible to remote villages facing an acute water shortage on summer days.
As nothing is more essential to life than water on earth, the current water availability scenario worldwide has become a huge crisis. As per UNESCO data, every day, nearly 1,000 children under age 5 die from diarrhoea attributed to poor water and sanitation. World over, women and children spend an estimated 200 million hours hauling water every day.
The task to make clean water accessible is definitely a core engineering challenge, but collective efforts can make the difference and pace up the process. Astral Foundation took up this challenge and installed 2.7 km water pipeline in the village of Hiwali, Maharashtra.
This remote village with a tribal population runs dry in summer days and people have to fetch water from a distant well trekking through difficult terrain. The hardships to bring water from a distant well takes up the major chunk of a day and all the family members including children have to help fetch water some way or other.
The well situated at a distance is only a source of water, hence even the livestock, other animals and the residents of Hiwali use water from this well only. Unknown to the outer world, this village has extremely talented students.
Some of the students know tables till 600 or more, they can make electronic models by themselves and solving a Rubik’s cube problem is a matter of seconds for them. These special kids too, have to face the hardships to get water in their day-to-day life. Astral Foundation installed this water pipeline along with two water storage tanks to permanently make water accessible to the village.
How Hiwali gets its first water pipeline https://www.youtube.com/watch?v=0ukeQHV0eYg
This story is provided by PRNewswire. ANI will not be responsible in any way for the content of this article. (ANI/PRNewswire)

New Delhi [India], March 23 (ANI/Mediawire): The COVID pandemic might soon be behind us, but the same can’t be said for recession and dearth of jobs. Every year lakhs of students appear for different competitive exams to make a career as bank professionals, MBAs, railway officials, engineers, etc.
The competition level of these exams is already very intense and for the next few years, it could become even more competitive. Preparing for the competitive exams is a tough nut to crack and can only be achieved with a carefully crafted strategy.
Every year students appear for some of the top competitive exams such as IBPS, SSC, SBI, RBI, AFCAT, CDS, UPSC, UPPSC, CAT, MAT, XAT, Railways, Insurance, etc. to achieve their dream career. The number of seats available via these competitive exams is limited while the number of students appearing is in lakhs. Let us look at some of the top strategies that can be followed by students for cracking the competitive exams.
Top Tips for Cracking Competitive Exams
Refer to standard study material – We can’t emphasise enough the importance of referring to the standard study material. The competitive exams are aimed at evaluating your application of knowledge and not theory.
So, pick up study material that involves a modern approach for understanding the concepts and involves a learner-friendly method for a better understanding. The content of the study material should be the latest and geared towards helping you ace the examination. To ensure that you are familiarized with the Level 1 and Level 2 questions, you can refer to Oswal’s High Score Objective Series for Indian History, Geography, Indian Economy, Polity, and General Science.

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Practice – Have you ever gone blank when the exam paper arrived? Well, you are not alone and this is a common occurrence among many students. This can happen due to the anxiety of the examinations and because you have not practised the questions enough.
This can be resolved by looking back into previous years questions and getting a clear understanding of the type of questions. This will also help you in gauging the difficulty level of the examination. Students looking to get comprehensive practice papers for UGC NET can refer to 20 practice paper sets by Gurukul-Oswal Books.

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Time Management – Competitive exams are all about managing your time and efficiently answering the questions. If you have a strategy of managing time and allocating time for each section, you will have a better chance of scoring higher. You can achieve efficient time management by understanding the pattern of the question paper and being through with the topics you are good at solving. You can refer to our books for competitive exams for preparing your strategy.
Fix Weekly Targets – It is essential that you fix weekly targets until the date of your final examination. If you are preparing on your own and not with some coaching classes, then the targets become even more important. You can refer to a comprehensive set of books for competitive exams offered by Oswal that will enable you to prepare better than coaching institutes since it covers a great combination of guides and practice books including previous year’s questions with an advanced approach towards learning, practising, and understanding the concepts deeply including 5000 topic-wise.

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Revise and then Revise some more – Revision is the key to succeeding in the competitive exams as candidates with only a clear understanding of the concepts would be able to apply it under pressure during the examination. You can take mock tests and revision tests for self-evaluation. These will help you map your overall performance which can then be analysed. These revision tests will help you in preparing your own strategy for the examination.
Upcoming Government Exams 2021 Calendar
While several examinations may have been delayed last year due to COVID, this year most examinations are expected to be conducted as per the standard schedule. Most of the competitive examinations will test your reasoning ability, quantitative aptitude, and verbal prowess. So, if you are preparing for one examination, you can explore other similar examination and appear for them too. Let us look at some of the upcoming government examinations in 2021.
UPSC IAS Civil Services 2021 – The UPSC Civil Services Prelims are scheduled on June 27, 2021, whereas, the Mains are expected to take place on September 17, 2021.
UGC NET 2021 – The UGC NET 2021 will be conducted on 2, 3, 4, 5, 6, 7, 10, 11, 12, 14 and 17 May 2021.
IBPS PO 2021 – The IBPS PO Recruitment 2021 examinations are scheduled to be conducted on October 9, 10, 16, and 17, 2021.
Irrespective of the examination you are aiming to crack, the tips shared in this article will help you in doing that. Remember to stay positive and focus on your preparation. Pick the right study material, and prepare your exam strategy to ace the examination and emerge as a top scorer. All the best!
This story is provided by Mediawire. ANI will not be responsible in any way for the content of this article. (ANI/Mediawire)

Ahmedabad (Gujarat) [India], March 23 (ANI): The Adani Ports and Special Economic Zone (APSEZ) Ltd., India’s largest private ports and logistics company and flagship transportation arm of the diversified Adani group, is acquiring the 58.1 per cent stake held by DVS Raju and family in Gangavaram Port Limited (GPL). The acquisition is valued at Rs 3,604 crore and subject to regulatory approvals.
APSEZ had announced the acquisition of Warburg Pincus’s 31.5 per cent stake in GPL on March 3, 2021 and together with this acquisition, APSEZ would have an 89.6 per cent stake in GPL.
“Ports play a major role in shaping the future. Through APSEZ’s 89.6 per cent stake in Gangavaram port, the Adani Group will greatly expand its pan-India cargo presence. As India’s largest private sector port developer and operator, we will accelerate India’s and AP’s industrialization,” tweeted Gautam Adani, chairman and founder of the Adani Group.
Karan Adani, CEO and Whole Time Director of APSEZ said, “The acquisition of GPL is a further augmentation of our vision of capitalizing on an expanded logistics network effect that generates greater value as it expands. Every additional node that we are able to add to our network allows us to deliver a greater level of integrated and enhanced solutions to our customers.”
“In this context, GPL is a tremendous addition to our portfolio. The associated hinterland we will now be able to tap into is one of the fastest-growing in the eastern region and with the logistic synergies APSEZ brings to the table, GPL has the potential to become a 250 MMT port. This will undoubtedly help accelerate the industrialization of Andhra Pradesh. The Raju family has built a great port and we will continue to expand the world-class asset that has been initiated by them,” he added.
GPL is located in the northern part of Andhra Pradesh next to Vizag Port. It is the second-largest non-major port in Andhra Pradesh with a 64 MMT capacity established under a concession from the Government of Andhra Pradesh that extends till 2059.
It is an all-weather, deep water, multipurpose port capable of handling fully laden super cape size vessels of up to 200,000 DWT. Currently, GPL operates 9 berths and has freehold land of 1,800 acres. With a master plan capacity of 250 MMTPA with 31 berths, GPL has sufficient headroom to support future growth, a statement said.
GPL handles a diverse mix of dry and bulk commodities including Coal, Iron Ore, Fertilizer, Limestone, Bauxite, Sugar, Alumina and Steel. GPL is the gateway port for a hinterland spread over 8 states across eastern, southern and central India, it added.
GPL will benefit from APSEZ’s pan-India footprint, logistics integration, a customer-centric philosophy, operational efficiencies and strong balance sheet to deliver a combination of high growth by enhancing market share and add additional cargo types and improved margins and returns, it said.
In FY20, GPL had a cargo volume of 34.5 MMT, a revenue of Rs 1,082 crore, EBITDA of Rs 634 crore (59 per cent margin) and PAT of Rs 516 crore GPL is debt-free with a cash balance of over Rs 500 crore.
The Company has a paid-up share capital of 51.7 crore shares of which 58.1 per cent is owned by DVS Raju and Family (Promoter), 10.4 per cent by the Government of Andhra Pradesh and 31.5 per cent by Warburg Pincus.
APSEZ announced the acquisition of a 31.5 per cent stake of Warburg Pincus on March 3, 2021 for Rs 120/share and shall acquire the DVS Raju stake of 30 crore shares (58.1 per cent) also at Rs 120/share which works out to a consideration of Rs 3,604 crore. The transaction implies EV/EBITDA multiple of 8.9x and P/E multiple of 12.0x (based on FY20 figures) and is a value accretive transaction for APSEZ shareholders. (ANI)

Hyderabad (Telangana) [India], March 23 (ANI/Digpu): Given the role of computers or smart devices in our daily lives, it would not be wrong to state that it’s impossible to imagine life without computers as these devices have become an incumbent part of our life.
The situation becomes equally depressing when these computers/laptops stop working. But for the computer-dependent people in Hyderabad, the repairing services are no more discomforting. ‘Laptop Repair World’, an 18-year-old laptop computer repair hub, is transforming the concept of repair services altogether.
Setup almost two decades ago in the city of pearls, Laptop Repair World has become a commonly recognized name for its reasonable, low-cost laptop computer repair services.
With service centres in Secunderabad and Hyderabad, the premier laptop computer repair hub is renowned for being the most cost-effective, even beating out other branded company stores, which is obviously time-consuming in addition to charging high repair costs.
“Repair costs can be very modest, as we’ve been demonstrating over the last decade or so. That is what keeps us in our customers’ minds,” said Bhikshapati, CEO of Laptop Repair World.
While recalling an interesting incident, he says, “Recently, one of our clients who got his MacBook repaired from us, he was struggling for many weeks to get his MacBook repaired and visited the Apple store many times but he left with only frustration. Eventually, with someone’s reference, he landed at the store considering us the last hope for his MacBook and he left with a big smile on his face as our expert team managed to solve his issue in a few days. “This is how ”Laptop Repair World’ believes in creating customer experience by providing them with an affordable, quick and perfect solutions,” he added
Touted as the ‘one-stop solution for computer laptop repair service’ in Hyderabad, the Laptop Repair World not only provides repair service for laptop computers, but for Desktops, MacBooks, Projectors, Servers, and AIO PCs also.
In today’s fast-paced life, searching for a quality repair center becomes a very hectic task, but the smart repair hub ensures that customers are served at their doorsteps.
Once a client registers his repair request through a call, WhatsApp or Laptop Repair World’s official website ‘www.laptoprepairworld.com’ the highly-experienced engineers from the hub visit the client’s home or office for delivering the services.
“It is only when the problem with a system is critical that it needs to be brought to the store. Otherwise, we always ensure that our clients are provided the repair services at the comfort of their doorsteps, with no extra costs,” said Bhikshapati.
He adds that delivering all these services at a client’s doorstep doesn’t only save time, but also eliminates any stress caused with the thought of going to a random repair center and believing in it right away.
The premier laptop computer repair hub deals with all the brands of computers including Windows, Linux and Apple. Their technicians resolve Apple, HP, Dell, Lenovo, Samsung, Acer, Toshiba, Sony, Asus, IBM, Compaq and Mac-based problems within hours.
Besides, Laptop Repair World also provides support to both individual clients and businesses with RAM or configuration upgrade, virus and spyware removal, printer issues, network connection issues, data recovery and other complex problems like server issues. Additionally, it also offers genuine laptop or MacBook parts at affordable rates.
Surprisingly, the friendly laptop technicians’ faith in their abilities to handle even the most difficult laptop device issues sets them apart from the competition, as they give a “No Fix, No Charge” policy.
Opposed to rival service providers, Laptop Repair World offers a free diagnostic, quick turnaround time, and same-day repair at competitive rates. Without a doubt, these characteristics have aided in the growth of its business and, as a result, it has acquired a strong consumer base in Hyderabad.
With a smile full of grace Bhikshapati concludes, “We give quite a special bunch of assurances to our clients, but we take pride in providing ‘Pickup and Delivery Service’ and ’30 Days Service Guarantee,’ which is the true embodiment of our core principle – the consumer’s ease of access to repair services.
This story is provided by Digpu. ANI will not be responsible in any way for the content of this article. (ANI/Digpu)

Mumbai (Maharashtra) [India], March 23 (ANI/BusinessWire India): In the aftermath of the Covid-19 pandemic, the series of events have unfolded offers for the home seekers as ‘not to be a missed’ opportunity.
From home loan interest rates being at historic lows to reduction in stamp duty, attractive offers from real estate developers and prices that are too good to miss out on. The ‘new normal’ in the post-pandemic world nudged homebuyers to opt for larger spacious apartments and preferred integrated township projects from branded developers that offers holistic living experience, timely delivery and financial discipline.
Hiranandani Gardens, Powai the most premium township of Mumbai offers one to buy their dream home with never before offers and opportunity.
Hiranandani Gardens, Powai an integrated mixed-used township is one of the finest and ideal location for the home seekers to zero-down their choices post-pandemic. The premium residence is now available with an array of choices and offers made available like never -before to enable fence-sitters turn into actual property owners.
Regent Hill 1BHK- is offering a wide range of options to be a part of this most sought-after premium destination with an array of offers. For ambitious minds and first-time buyers, Regent Hill offers smartly designed 1BHK AC homes that are finished with fully fitted false ceilings and modular kitchen with white goods.
One can choose a home in Regent Hill B wing, available at Rs 1.48 Crore, (all inclusive), offering an assured rental of Rs 50,000 per month for three years Or one may opt for Regent Hill C, D and E wings, available at Rs 1.47 Crore, (all inclusive) with the offer of paying just 5 per cent now and getting the remaining 95 per cent funded at an attractive interest rate.
Castle Rock 2BHK – It for the first time, offers 2BHK spacious homes with balconies at Hiranandani Gardens, Powai. It also offers several exclusive amenities like a swimming pool, clubhouse, gymnasium and a host of other lifestyle features. Castle Rock A & B wings are nearing completion and C & D wings are ready with OC received. All these offer zero GST and start from Rs 2.4 crore onwards with no floor-rise.
Atlantis 2BHK – Another best option is Atlantis, which comprises of ready to move in 2BHK homes with exclusive amenities like a swimming pool and gymnasium. It also provides breath-taking views of the Powai lake and skyline of Hiranandani Gardens, Powai. It comes with a lucrative offer of assured rental of Rs. 1 lakh per month for 3 years and zero GST on OC received.
With the Covid-19 vaccination drive shifting into high gear, and the impact of the pandemic reducing in intensity, the slew of measures by the authorities, which in the past few months have made home ownership very easy and attractive.
This booster dose of stamp duty reduction comes with limited time frame and likely to get higher post this March FY 21. So, the opportunity exists for last few days and those who miss out on the same will have lost the opportunity of a lifetime. Making your dream home at Hiranandani Gardens, Powai a reality, with a transaction which is a win-win for home buyers, so, home seekers better hurry up.
Hiranandani Gardens, Powai offers homebuyers the perfect blend of modern amenities, excellent connectivity and a feeling of living in one of the most upscale townships in Mumbai. With so many options and schemes, and an opportunity to save big there is no better time for you to experience the Hiranandani Gardens, Powai life. Coupled with a lucrative stamp duty option of just 3 per cent, till March 31, 2021 only, this is indeed the best time to invest in your home of the future!
To make the most of the opportunity, book now. Log on to www.hiranandanioffers.com and one can book one’s dream home instantly, with just Rs 50,000.
“As we come to the end of fiscal 2020-21, in backdrop of economic resurgence makes it the ‘right now’ an ideal time to buy your dream property. This is an unmissable opportunity to own your dream home at Hiranandani Gardens, Powai. Given that the stamp duty values are slated to rise from 1st April, 2021; hence, there is no better time than NOW to invest in real estate or buy a home for end use,” said Dr Niranjan Hiranandani, MD, Hiranandani Group.
This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)