Market Watch

National HDFC Bank partners with Microsoft as part of its Digital Transformation Journey By Odisha Diary bureau On Jan 13, 2023 HDFC Bank, India’s largest private sector bank, is partnering with Microsoft in the next phase of its digital transformation journey and unlocking business value by transforming the application portfolio, modernizing the data landscape and securing the enterprise with Microsoft Cloud. HDFC Bank as a part of its Future Ready strategy is developing in house IPs as well as partnering with several companies including FinTechs’ to co -create technology IPs. The bank will leverage Microsoft Azure to consolidate and modernize its enterprise data landscape through a Federated Data Lake to scale its information management capabilities across enterprise reporting, and advanced analytics using artificial intelligence. Built on Microsoft Azure stack, the solution will enable the bank to democratize and monetize its data landscape catering to several business units, spanning multiple systems, reports and processes. The solution powered by its unified architecture, collaborative engineering environment, industry-leading security and ecosystem of AI/ML based deep learning capabilities. In addition, the Bank will also leverage Microsoft Power Platform’s industry-leading low code, no code capabilities to set up an App Innovation and Automation Factory. The […]

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Don’t be too surprised if you find yourself or a friend spending a lot of money in the metaverse in the near future. The metaverse could fuel $1 trillion in commerce by 2025, according to Accenture , a research firm. Even if that number proves to be overly optimistic, there’s a lot of interest in metaverse applications beyond gaming, according to Accenture’s research. Meanwhile, IDC sees the adoption of virtual reality (VR) and augmented reality (AR) headsets growing substantially over the next few years with nearly 84 million new devices expected to be sold over the next four years. Meta Platforms (NASDAQ: META) is sitting in the driver’s seat, with its Oculus headsets accounting for nearly 85% of AR/VR device sales in 2022. If the metaverse does truly turn into a $1 trillion commerce opportunity, it could be a big payday for Meta. Owning the platform The goal for Meta isn’t just to sell an expensive consumer device; it’s to own the platform people use. Becoming a platform owner is extremely lucrative and comes with a lot of power. Just ask Apple (NASDAQ: AAPL) . Apple’s control of the iOS ecosystem has come with a lot of benefits. The […]

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Patient financial/co-pay assistance is usually a component of providing infusion services and practices need to make sure it’s carefully managed to prevent financial hardship to patients. In-office infusion therapy has become more prevalent over the past decade, as the service provides many benefits to both physicians and patients. Physicians increase proximity to patients, closely monitoring disease progression, adherence, and treatment efficacy. Financially, a new revenue stream may be created for the practice. Patients also reap rewards, as they receive vital care in a convenient location from the care team they know and trust. Although this sounds like a win-win situation, in-office infusion is a complex process that adds a high level of risk to the operation. There are many factors to consider before investing in this service, as well as best practices to employ if the decision is made to proceed. It is critical to understand all that goes along with opening a center, so taking a closer look at these issues is worthwhile. Careful consideration is needed The decision to invest in an infusion facility should not be rushed. Carefully vetting each aspect can take several months, and once a practice decides to go forward, a few more […]

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Kubrick’s Rube, 2020. Photo: Lance Brewer. Copyright: Sanford Biggers. Courtesy of the artist and Marianne Boesky Gallery, Aspen and New York. Following last week’s look at an opening for an Architect at the NYC Department of Citywide Administrative Services , we are using this week’s edition of our Job Highlights series to explore an open position on Archinect Jobs for a Shop Manager at Studio Sanford Biggers . The role, based in Biggers’ New York City studio, calls for an individual prepared to be responsible for “organizing and executing in-house production” of the studio’s artistic projects. Ideal experience requested for within candidates includes proficiency with wood and light metal fabrication , and a demonstrated experience with artwork and design fabrication. Blossom, 2007. Photo: The Brooklyn Museum. Copyright: Sanford Biggers. Courtesy of the artist and The Brooklyn Museum. Why the role interests us The role in Sanford Biggers’ studio offers an opportunity to reflect on the work of the Los Angeles-born artist; whose unique approach to fabrication and materiality is sure to create an engaging environment for the candidate who fills the shop manager role. Described by the studio as “an interplay of narrative, perspective, and history that speaks to […]

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Lee esta nota de prensa en español aquí . NASA selected 60 winning teams for the second TechRise Student Challenge, a nationwide contest designed to engage students in technology, science, and space exploration. These teams will work together to build science and technology experiments in preparation for a suborbital flight test. The challenge was open to students in grades six through 12 at American public, private, or charter schools, including those in U.S. territories. This year, winning teams include about 500 students representing 38 states and territories. "NASA’s missions of tomorrow are sparked by the accomplishments of the Artemis Generation today in classrooms across America,” said NASA Administrator Bill Nelson. “Through opportunities like the TechRise Student Challenge, young people are deepening their passion in science and technology, preparing to be the future innovators and pioneers who help humanity soar to new heights and unlock more secrets of the universe.” A full list of winning teams is available on the TechRise website. Students from a winning team for the 2021-2022 TechRise challenge work together at Sewanhaka High School in Floral Park, New York, to wire the electronics of their experiment payload for their upcoming suborbital test flight. Each team will […]

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JulNichols Investment Thesis The Schwab U.S. Mid-Cap ETF (NYSEARCA: SCHM ) is a middle-of-the-pack contender in the U.S. mid-cap blend space. Despite its category-leading 0.04% expense ratio, SCHM’s selections are below-average quality and too expensive. This article compares SCHM’s strategy, performance, and fundamentals with other mid-cap funds and demonstrates why this lesser-known ETF is more of a misstep than a hidden opportunity. SCHM Overview Strategy and Performance SCHM tracks the Dow Jones U.S. Mid-Cap Total Stock Market Index, selecting approximately 500 securities based on total market cap and weighting them based on free-float market cap. The Index reconstitutes annually in September and rebalances quarterly, with buffer rules used to prevent unnecessary turnover. With a January 2011 launch, we have over a decade’s worth of history to analyze, so let’s start with how SCHM performed against 31 mid-cap peers through December 2022. The Sunday Investor This list is sorted by ten-year returns, revealing how SCHM’s 173.00% return was the 10th best out of 16 peers with enough history. Over the last five years, SCHM’s 32.67% return was the 16th best out of 20 ETFs. Finally, SCHM performed 26th best out of 32 last year. It may be generous of me […]

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Summary Geberit is a leading provider of bathroom and plumbing solutions, with a strong brand and reputation for producing high-quality, reliable, sustainable, and innovative products. The company is experiencing temporary headwinds due to rising interest rates and high energy prices, which have negatively impacted its net sales growth and earnings per share. The company’s shares have lost ~27% in the past year, but they appear to be recovering and currently offer a good buying opportunity. Imgorthand/E+ via Getty Images The best thing that happens to us is when a great company gets into temporary trouble… We want to buy them when they’re on the operating table. – Warren Buffett Geberit ( OTCPK:GBERY ) is a great company that is experiencing what we believe to be temporary headwinds. It is a leading provider of bathroom and plumbing solutions, with a very strong brand that is a key competitive advantage. The company has built a reputation for producing high-quality, reliable, sustainable, and innovative products. As a result of the headwinds the company is experiencing, its shares have lost ~27% in the past year, but it looks like they are starting to recover. Data by YCharts Headwinds include the rising interest rates […]

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Opinion contributor With residents and partners, Local Initiatives Support Corporation (LISC) Greater Cincinnati forges resilient and inclusive communities of opportunity − great places to live, work, visit, do business and raise families. At LISC Greater Cincinnati, we have used that comprehensive approach − focused on both investment and systems change − in our work with communities across the region, including Cincinnati’s West End, where we have supported residents and stakeholders as they plan for their future. Most recently, we were a proud co-lead of Neighborhood Task Force for the West End Choice Neighborhoods Plan. This plan, made possible in part by grant funds awarded by the Department of Housing and Urban Development in 2020, gives the West End neighborhood the opportunity to reimagine housing in the Stanley Rowe Towers and Rowhouses and the Liberty Street Apartments. Community-serving partners came together with neighborhood residents to plan for inclusive, neighborhood-serving development. In fact, more than 35 committed partners signed on to participate in this two-year planning process that has held dozens of interactive community sessions with hundreds of residents participating. The need for new investment in the West End is clear. The West End is home to some of Cincinnati’s oldest […]

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January 12 – Yarg Foundation’s Healthy Families Initiative in South Lane County is seeking grant proposals through February 7th, 2023. Proposals should focus on programs that support and develop healthy relationships of and among children ages 5-18 years old living within the South Lane School district boundary through mentorship, activities, advocacy and education. We support local grassroots community efforts which center the well-being of children and families. We hope for interventions that address potential problems before they occur. Yarg can fund recognized 501(c)(3) organizations and coalitions, as well as religious, educational or cultural institutions. We will review requests to fund work by individuals, but will encourage any grants directed to individuals to find a sponsoring organization or institution. If selected, we can fund staff, supplies, capital projects and general operating expenses related to your project. We will consider grants that range between $500 and $75,000 per year for one to three years. Organizations that applied for Yarg funding previously can apply again. Proposals must provide services, space or support within the South Lane School District boundary.* Beginning Dec. 15th fill out and submit the eligibility screen at: yargfoundation.org/lane-county If you meet the criteria: • Yarg will reach out and […]

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Copyright © 2023 Albuquerque Journal SANTA FE – New Mexico’s revenue growth shows no signs of slowing down, with the state set to enter uncharted budget territory amid surging oil production, high inflation and robust wage growth. Specifically, new estimates released last month by executive and legislative economists project the state will have nearly $3.6 billion in “new” money available for the budget year that starts in July – a figure that represents the difference between forecasted revenue and current spending levels. In August, the amount of projected new money had been pegged at about $2.5 billion. “With this revenue forecast, there’s an opportunity knocking at our door,” said Sen. George Muñoz, D-Gallup. “No one in our state’s history has ever had this opportunity.” Overall, projected revenue levels for the coming budget year, if they materialize, would mean total state revenue would have more than doubled over the last seven years. The record-high revenue levels could also allow state lawmakers and Gov. Michelle Lujan Grisham to approve tax relief for New Mexicans, additional teacher salary increases and other initiatives during the 60-day legislative session. But effectively spending the money could prove challenging, due in part to a state labor […]

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