HDFC Securities implements Oracle's SuperCluster * Software services major Oracle today said stock broking firm HDFC Securities has implemented its SuperCluster to help ensure high availability for its online trading platform and support its rapidly growing customer base and daily transaction load.

The company had purchased the Oracle SuperCluster in August 2012, it said in a release.

Oracle SuperCluster has accelerated throughput performance by 3 times, increased online trading speed by up to 60 per cent and enabled HDFC to produce reports 67 per cent faster while reducing risk and cutting data center costs.

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Startup village to give Rs 1 lakh to young entrepreneurs * Startup village near Kochi is joining hands with a non profit organisation which promotes innovations with social impact, where young social entrepreneurs can pitch social business ideas to win Rs 1 lakh and gain access to expert guidance and funding.

The Startup Village is joining hands with Villgro to launch the pitch session on August 29 for social entrepreneurs to present their ideas before a panel of experts and get Villgro's mentoring and funding.

The 'enterprise-stage' winner of the pitch session will get prize money of Rs 100,000 and the 'idea-stage' winner will receive a cash prize of Rs 50,000.

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