Author: Rabindra

MAS Financial Services Limited Reports PAT of more than Rs 250 Crores for the FY 2023-24, While the Consolidated AUM Crosses Rs 10,700 Crores

23rd July 2024  Ahmedabad, Gujarat, India  The Board of Directors of MAS Financial Services Limited (MAS Financial) (BSE: 540749, NSE: MASFIN), which specializes in MSME financing, announced today the audited financial results for the quarter ended 31st March 2024.

116 Quarters of Consistent Financial Performance is the testimony of the strong fundamentals of the company, which has been followed over more than two and half decades. We witnessed a healthy growth in business activities across the segments we serve, during the quarter. The consolidated disbursement was Rs. 2866.35 Crores during the quarter ended 31st March 2024.

During the quarter, the Company’s Long Term Bank Facilities and Non-Convertible Debentures rating has been upgraded to CARE AA- (Outlook: Stable) from CARE A+ (Outlook: Positive) by CARE Ratings Limited (‘CARE’)

Performance Highlights – (Consolidated)

MAS Financial Services Limited on a consolidated basis reports Assets under Management (AUM) of ` 10721.90 Crores and Profit after Tax (PAT) of Rs. 70.10 Crores for the quarter ended 31st March 2024 from Rs. 8505.89 Crores and Rs. 56.82 Crores respectively for the quarter ended 31st March 2023. The consolidated PAT for the FY 2023-24 stands at Rs. 254.01 Crores.

MAS Financial Services Limited reports Assets under Management (AUM) of Rs. 10125.61 Crores and Profit after Tax (PAT) of Rs. 68.05 Crores for the quarter ended 31st March 2024 from Rs. 8092.56 Crores and Rs. 55.55 Crores respectively for the quarter ended 31st March 2023. The AUM as on 31st December 2023 was Rs. 9672.03 Crores.

A Growth of 25.12 % in AUM and 22.50% in PAT over the corresponding period of the previous year.

Capital Adequacy Ratio (including Tier II capital) as of 31st March 2024 stood at 24.05%. The Tier-I capital stood at 20.33%.

The portfolio quality remained stable and strong at 2.25% gross stage 3 assets and 1.51% net stage 3 assets of AUM as compared to 2.23% gross stage 3 assets and 1.48% net stage 3 assets of AUM as on 31st December 2023.

The company continues to carry a management overlay of Rs. 18.79 Crores as on 31st March 2024, 0.24% of the on book assets.

TD and ApplyBoard Collaborate to Support Indian Students Pursuing Studies in Canada

23rd July 2024  Delhi, India  TD and ApplyBoard are pleased to announce a new collaboration that will support international students on their journey to study in Canada. ApplyBoard, the leading student mobility platform, is partnering with TD, the second-largest bank in Canada and sixth-largest in North America by assets, to provide students with the resources and tools they need for a smooth transition to studying in Canada.

Through the TD International Student Guaranteed Investment Certificate (GIC) Program, prospective students planning to study in Canada can enhance their study permit application. ApplyBoard’s secure and private technology provides verifiable Proof of Financial Support through ApplyProof to help strengthen study permit applications.

“We are excited to share the news of this relationship with ApplyBoard as we work to make things easier for students from across the world, embarking on their journey to study in Canada,” said Sona Mehta, Executive Vice President of Canadian Personal Banking, TD Bank Group. “We know that navigating the process to study abroad can be challenging, and at TD, we are committed to supporting international students coming to Canada by offering tools, programs and trusted advice, designed to facilitate a frictionless transition to the Canadian banking environment.”

“With TD’s legacy of providing financial solutions to Canadians for over 150 years, and ApplyBoard’s position as the leading student mobility platform, we are optimistic that international students will receive the support and guidance they need to succeed in their academic pursuits,” said Meti Basiri, Co-Founder & CEO, ApplyBoard. “Together, we are dedicated to empowering international students throughout their journey and ensuring their success in Canada.”

Indian students can open a GIC with TD with no application fee via a simple, digital process, and will start earning interest prior to arrival in Canada. The TD International Student GIC Program also provides students with a TD Student Chequing Account with no monthly plan fee (conditions apply), unlimited transactions, and additional benefits. Once in Canada, students can benefit from TD’s 1,000+ branch network, with the longest branch hours in the country and advisors who speak over 80 languages.

The program is designed to assist international students from India who are eligible for the Government of Canada’s Student Direct Stream (SDS) Program. As of January 1, 2024, the minimum financial requirement that students must show as part of their study permit application is CAD 20,635.

Effortless Chic: Daniel Wellington Unveils its Sparkling New Jewellery Collection for Spring/Summer 2024

23rd July 2024  Mumbai, Maharashtra, India  Daniel Wellington, the leading global watches and accessories brand known for its contemporary sleek design has just announced the introduction of its latest jewelry collection, designed for the Spring/Summer season of 2024. This stunning new line embodies effortless chic, offering a range of pieces designed to elevate your look and complement your personality.

Crafted with precision and passion, the collection features two captivating design stories: the Carbine Crystal link and the Pave. The Carbine Crystal link features a chunky chain setting adorned with eye-catching crystals, perfect for those who love a bold and statement-making look. For a touch of delicate elegance, the Pave collection features a dainty chain set with sparkling crystals. Both designs share a common element, ensuring a cohesive and timeless aesthetic.

Adding a touch of personalization, the collection also features bracelets designed to seamlessly match your favorite leather and mesh watch bands. Crafted from high-quality materials, these bracelets offer a versatile and stylish option for everyday wear.

Further enhancing your look, the collection boasts a range of charming crystal pieces. Each charm is set with sparkling white Cubic Zirconia crystals (lead-free) and securely held in place with a four-claw setting. These charms come with a clever TPU ring inside, allowing them to effortlessly attach to the chains or the new collection’s earrings, depending on your desired style.

Key Highlights from the Daniel Wellington SS2024 Jewellery Collection

Carbine Crystal

The new Carbine Crystal collection features a chunky chain setting with crystal details across the bracelets, necklaces, rings and earrings.

Carbine Crystal Necklace: A mix of industrial elements and refined crystal details take this gold link necklace way beyond your basic chain. Wear it with the rest of the Crystal Link collection or alone as a statement piece—this chunky chain is a stunner either way.

Measurements

Necklace: One size tbd

Bracelet: 155mm, 165mm,175mm and 185mm

Earrings: tbd

Ring: Size 48-70

Product Details

SKU – DW00400571

MRP – Rs. 11,599

Group – Carbine

Description – CARBINE NECKLACE ROSE GOLD

Color – Rose Gold/ Gold/ Silver

Pave Collection

Introducing the new Pave collection featuring a tiny chain setting with crystal details. The sphere on the bracelet and necklace is round just like our classic Aspiration collection.

Pave Crystal Pendant Necklace Rose Gold

Closely arranged, carefully set crystals allow this rose gold pendant necklace to capture the light from all angles, creating a sparkling effect found across the entire Pave collection. The pendant is fixed, so the necklace’s clasp and sizing rings won’t gather.

Product Details

SKU – DW00400625

MRP – Rs. 7,699

Group – Pave

Description – Pave Necklace

Color – Rose Gold/ Silver/ Gold

Perfect Pair Bracelet – Mesh Belt

We took inspiration from our most-loved watch straps to create the Perfect Pair collection: bracelets that are great alone, but even better paired with a friend. This rose gold mesh version comes in two different widths, so you can find the right match for your watch (or anything else on your wrist).

Measurements

Bracelet: 155mm, 165mm,175mm and 185mm

Thickness Mesh:1.8mm, 2.8mm

Thickness Leather: 2.8mm

Product Details

DW00400670 / 71 / 72 / 73

MRP – Rs. 3,799

Group – Perfect Pair Bracelets

Description – Mesh bracelet 1,8 155mm / 165mm / 175mm / 185mm

Color – Rose Gold/ Gold/ Silver

Charms Crystals

Ambitious Aries, loving Libra, poetic Pisces—add a piece of personality to your jewellery with the help of our Zodiac Crystal Charms. Each gold charm features carefully set crystals and anti-slip silicone lining, making it simple to add to our Charm Earrings or a chain.

Product Details

DW00400733 / 34 / 35 / 36 / 37 / 38 / 39 / 40 / 41 / 42 / 43 / 44

MRP – Rs. 3,799

Group – Charms

Description – Charm Zodiac

Color – Rose Gold

Fischer Launches Undercut Anchor FSU – High Performance for High Demands

Apr 25, 2024 10:52 IST Print

Bengaluru, Karnataka, India
Fischer India announced the launch of FSU – Undercut anchor, a ground breaking addition to fischer’s line up designed to meet the demands of high-load applications in concrete. Mr. Mayank Kalra, Managing Director of fischer India said, “This innovative anchor not only delivers exceptional performance but also introduces enhanced installation efficiency with its self-undercutting capability. Moreover, with the integration of a Data Matrix Code (DMC), the FSU underscores our commitment to advancing the digitalization of fastening solutions, offering seamless product identification and data accessibility.”

Fischer Undercut Anchor FSU

Heavy steel and facility constructions, nuclear power plants, refinery projects, power stations, infrastructure projects, and the oil and gas industry benefit from the self-undercutting FSU undercut anchor made of galvanized steel, which is ideal for applications with high load and safety requirements. It was made for heavy-duty fixings to anchor steel structures, heavy pipe systems and industrial machines as well as many other indoor fixtures and attachment parts in cracked and non-cracked concrete.

The European Technical Assessment (ETA) provides safety during fastening applications in cracked concrete (option 1). The plug is also approved for seismic applications in categories C1 and C2, meaning it can be used in areas prone to earthquakes. It is also a safe choice in the event of fire (R120 fire assessment) or for fastening installation systems such as extinguishing systems (VdS sprinklers) It is simple and easy to install. Two different undercut anchor versions enable push-through (FSU-P) and pre-positioned installation (FSU). The anchor is placed into a drill hole created with the FSU-SD stop drill bit using the FSU-ST setting tool. Upon cleaning the drill hole, the anchor is placed with the FSU-ST setting tool. The anchor self-cuts into the undercut, creating a flush connection.

Thanks to this perfect flush fit, the FSU reliably transfers the forces and anchors into the substrate almost without expansion, achieving an extremely high load and safety level. Its six cutting teeth and the self-undercutting principle enable precise and powerful placements in concrete and make installation fast and secure. The low expansion forces allow very low edge and axial spacing without spalling and provide maximum safety and ultimate flexibility for all applications, even in the event of strong crack formation and wide crack widths in seismic areas.

Another advantage is the special plastic element that fixes the FSU in the drill hole, preventing the anchor from falling out of the drill hole and making overhead installation simple and safe. Convenient setting depth markings on the plug and setting tool (FSU-ST) provide a quick visual assembly check while guaranteeing additional safety. The DSU-DT disassembly tool can be used to quickly remove the anchor without a trace, if required. Product data can be identified and read using the DMC (Data Matrix Code) on the anchor. The code can easily be scanned using the fischer PRO app, so that all the information about the scanned product can be viewed directly in the app. Users can download the ETA and additional data in the download section. This feature guarantees flexible and accurate transparency and allows the data to be stored.

Royaloak Furniture on Expansion Spree, Launches its 169th Store in Bhimavaram, Andhra Pradesh

23rd July 2024  Bhimavaram, Andhra Pradesh, India  Royaloak Furniture, India’s renowned furniture brand, has further solidified its presence in Andhra Pradesh with the inauguration of a new store in Bhimavaram. With this, the brand marks an impressive 169th store opening in the country. The grand opening ceremony was honored by the esteemed presence of Mr. Vijai Subramaniam, Chairman of Royaloak Incorporation Pvt. Ltd., Mr. Mathan Subramaniam, Managing Director, Royaloak Incorporation Pvt. Ltd, Mr. Grandhi Srinivas, Honorable MLA & Government Whip, Bhimavaram Constituency, and Mr. Koyye Moshenu Raju, Chairman of Andhra Pradesh Legislative Council. This expansion underscores Royaloak’s commitment to providing quality furniture solutions to the people of Andhra Pradesh.

The grand launch event also witnessed guests from the Royaloak team, including Mr. Vijai Subramaniam, the Chairman of Royaloak Furniture, Mr. Mathan Subramaniam, Managing Director, Mr. Kiran Chhabria, the Franchise Head, Mr. Angara Nagendra Babu, State Head – AP & TS, Mr. Thammaiah Kotera, Head – VM & NSO, as well as Mr. Rajesh, Franchise Manager.

Set against the backdrop of spirited melodies of drums performed by the local band, the guests exuded enthusiasm as they orchestrated a magnificent grand launch event. The distinguished guests were warmly embraced into the festivities, signifying an extraordinary beginning to this thrilling new chapter.

Covering an impressive 18000 square feet, this store boasts an extensive array of furniture for every part of the home, including living rooms, bedrooms, dining areas, and more. Bhimavaram’s residents can now discover a wide variety of both stylish and functional furnishings. Royaloak is a go-to destination for all home furnishing needs, that offers sofas, beds, dining tables, chairs, recliners, mattresses, interior decor items, and a comprehensive selection of office and outdoor furniture, all conveniently located in their neighborhood. This store adds to the brand’s presence in Andhra Pradesh making it 14 stores in the region.

Speaking at the launch event, Mr. Vijai Subramaniam, Chairman, Royaloak Furniture said, “Today marks an exceptional day for the entire Royaloak team as we continue to grow, celebrating the inauguration of our 169th store. We are genuinely excited about our expansion in Andhra Pradesh, especially with our latest store launch in Bhimavaram. This underscores Royaloak’s dedication to providing top-quality furniture at accessible prices to our valued customers. I extend my best wishes to the franchise owners as we eagerly anticipate serving customers and assisting them in finding the ideal pieces to complete their dream homes.”

The store boasts a carefully curated and exclusive ‘Country Collection’, showcasing the finest and most unique furniture selections from countries such as the United States, Italy, Malaysia, and India. Through its dedicated standalone stores, Royaloak aspires to elevate the aesthetic appeal of homes with its modern, luxurious, and budget-friendly furniture offerings. The brand has been fulfilling the lifestyle requirements of its expansive customer base, exceeding 10 million individuals.

With a network of over 200 immersive retail outlets nationwide, Royaloak has established a robust presence in more than 116 key locations, including Hyderabad, Vijayawada, Visakhapatnam, Mumbai, Kolkata, Chennai, New Delhi, Bangalore, Bhopal, Ahmedabad, Guwahati and Kochi.

LowCarbon.Earth, Asia’s Leading Climate Accelerator Supported by UNEP and Massive Earth Foundation, is Hosting its Demo Day in Bangkok on 25th April 2024

23rd July 2024  Gurugram, Haryana, India  Massive Earth Foundation, in collaboration with the United Nations Environment Program, will host the ‘Low Carbon Earth’ 23 Demo Day’ on 25 & 26 April 2024, in Novotel, Sian Square, Bangkok. The event will enable promising climate tech startups from Across the Asia Pacific to showcase their products, connect with investors, raise funds and scale their innovative climate tech solutions.

The Low Carbon Earth Demo Day in Bangkok is the final stage in the Low Carbon Earth Accelerator Program that was launched in August 2023. The accelerator program invited applications from all the climate tech startups from the Asia-Pacific region and conducted a 12- week intensive virtual program to help the climate tech startups connect with mentors, network, raise funding, and showcase their products on a global level. The program witnessed an overwhelming response from various startups who demonstrated their climate tech products. Women-led startups from all around the globe participated in the even with a common agenda “Making Earth towards a green and clean plant.”

The Low Carbon Earth is an annually recurring accelerator program launched by the Massive Earth Foundation to solve climate change and pollution reduction. The accelerator program is launched in collaboration with the United Nations Environment Program, which includes the UNEP’s Go4SDGs initiative, and it also partners up with UN Women – EmPower: Women for Climate Resilient Societies. Low Carbon Earth calls out to all startups working in various sectors, such as renewable energy, sustainable textiles, addressing microplastics, optimizing farming practices and mitigating urban heat in cities. etc. & conducts accelerator programs to help startups learn from mentors, connect with the most accredited and active climate-tech investors, network with high-potential founders, and grow their products on a larger scale. The program spans the Asia-Pacific region and invites all startups whose goals are aligned with the UN’s Sustainable Development Goals (SDGs) and who are dedicated to solving climate change by developing climate-friendly technological solutions.

Min-Si Wang, founder, Ecomonitor from Singapore said, ‘LCE introduces me to a network of climate tech peers and mentors that provide invaluable collaboration and learning opportunities. I find UNEP’s insights on regional climate initiatives and tool kits to be especially valuable.’

Vilasinee Churat, founder, of Munie Lifestyle from Thailand said, ‘This journey has been truly transformative, and I’m excited to reflect on what made it so meaningful for me. The program empowered me to understand the core business values and navigate the global market for sustainable products. This experience has been instrumental in shaping my entrepreneurial journey.’

The Low Carbon Earth’23 will conclude on the demo day, which will be held in Novotel, Siam Square, Bangkok on the 25th and 26th of April, where the top 14 handpicked finalist startups will unite together at a global platform to showcase their products to investors from across Asia.

Axita Cotton Limited Achieves Record-breaking Revenue and Profit in FY2023-2024, Declares 10 id percentend

23rd July 2024 Ahmedabad, Gujarat, India Axita Cotton Limited’s Revenue skyrocketed to a staggering Rs. 1104 Crore, a remarkable 100.89% Y-o-Y increase as compared to Rs. 549.83 Crore. This impressive feat underscores Axita Cotton’s commitment to exceeding expectations and delivering exceptional value.

Commenting on the results, Mr. Nitinbhai Govindbhai Patel, Chairman, Axita Cotton Limited said, “We’re delighted to report surpassing a significant revenue milestone of Rs. 1104.38 in FY2024. This success is a result of our team’s exceptional execution and the growing adoption of Technologies. Looking ahead, our unwavering commitment lies in seamlessly integrating our acquisitions, meticulously following our strategic roadmap, and fostering sustainable, profitable revenue growth.”

In an affirmative move and a robust financial gesture that has resonated well with the market, Axita Cotton Limited. has announced a 10% dividend for FY2023-2024, a decision that has been perceived as a shining indicator of the company’s financial health.

The announcement of the dividend has been perceived positively by the market, as it underscores the company’s strong sales growth and profitability. It is not merely a distribution of profits but also a reinforcement of the company’s potential for sustained growth and profitability in the future.

Highlights of FY:2023-2024

Gurugram Emerges as India’s Real Estate Powerhouse: Unveiling a Decade of Growth and Innovation

23rd July 2024 New Delhi, Delhi, India A reflection of India’s growth story for about a decade or so, Gurugram has claimed the Numero Uno position on the national map. No wonder, the city has become the launch pad for residential and commercial real estate, with approximately 25000 units expected to be launched in the next six months.

Key Highlights:

• With over 60 percent total inventory sold in the National Capital Region both, in terms of volume and value, Gurugram seems to be driving the real estate sector in the country.
• With an unprecedented demand and unsold inventory drying up, the demand for new launches and under-construction properties has been scaling up
• The total estimated number of units, as part of new projects, coming up in the next six months, is 25000 units.
• The total estimated value of new projects coming up in the city over the next six months is 1,00,000 Cr.

Housing and infrastructure will continue to be the engine of India’s growth, as the sector witnesses an annual housing demand of 1 crore and an additional demand of 7 crore by 2030. Sales volumes in the primary market have grown at an extremely healthy annualized rate of 29%, since 2020, and culminated in a 10-year high in 2023. The residential market stepped into 2024, with sales growing at 9% YoY in Q1 2024. 86,345 units were sold in Q1 2024, a level exceeded only in Q4 2023 over the past six years.

The major contributor to this growth story in Gurugram. which continues to witness immense action on the real estate front. With over 60 percent share of the total inventory being sold in the National Capital Region both, in terms of volume and value, the region continues to be driving the real estate sector in the country. In fact, with unprecedented demand and unsold inventory getting dried up, the demand for new launches and under-construction properties has been scaling up in the city.

Last year, approximately 12,500 housing units were sold on Dwarka Expressway resulting in sales worth Rs. 25000 crore, which was 66% of total sales in Gurugram. This year, the total estimated number of units, as part of new projects, coming up in the next six months, is 25000 units. And, the total estimated value of new projects coming up in the city over the next six months is 1,00,000 Cr.

Talking about the trend, Vishesh Prakash, Lead, R&R, says, “The real estate players and developers are leveraging this opportunity where the demand for residential realty has just shot up, and offering plans and schemes to attract more investors and buyers. In what can be termed as a rare phenomenon, recently, a newly-launched inventory was sold in a day, and saw buyers/investors queuing up for its allotments. This was unimaginable trend. On the part of consumers, guess the FOMO (Fear of Missing Out) is making many jump the gun, thereby, propelling developers to create newer opportunities and launch new projects. If all goes as anticipated, Gurugram is all set to script new records in the next fiscal.”

The new residential launches will cater to various segments of the market, including luxury apartments, affordable housing, and integrated townships. Interestingly, this time around, the new launches are getting takers not because of any ‘hyped promises’, but because to visible infrastructural developments that have improved city’s connectivity, such as the expansion of highways, metro rail connectivity, and the development of peripheral roads. These initiatives have enhanced the city’s internal as well as external accessibility, and are driving the real estate growth not just within the city, but also its adjacent areas.

The Growth Story: Key Trends

• Housing and infrastructure will continue to be the engine of India’s growth, as the sector witnesses an annual housing demand of 1 crore and an additional demand of 7 crore by 2030.
• Sales volumes in the primary market have grown at an extremely healthy annualized rate of 29%, since 2020, and culminated in a 10-year high in 2023.
• The residential market stepped into 2024, with sales growing at 9% YoY in Q1 2024. 86,345 units were sold in Q1 2024, a level exceeded only in Q4 2023 over the past six years.
• With ongoing projects like the Dwarka Expressway and Metro expansion, improved connectivity and infrastructure, Gurugram is positioning itself as the Number One city of attraction for buyers and investors alike.

AIS Announces Winners of AIS Design Olympiad 5.0

23rd July 2024  Mumbai, Maharashtra, India  Asahi India Glass Ltd (AIS) is proud to announce the winners of 5th edition of ‘AIS Design Olympiad’. This year AIS Design Olympiad saw a significant increase in participation from architectural colleges across India that culminated in a grand finale with the top 8 finalists making their presentations to an esteemed jury panel on 6th April 2024 at Taj, Santacruz in Mumbai, Maharashtra. The brainchild of Asahi India Glass Ltd (AIS), India’s leading integrated glass solutions company and a dominant player in automotive and value-added architectural glass segment, AIS Design Olympiad is its effort to bring academia and industry closer and bridge the gap between learning and real-life experiences. AIS Design Olympiad has been established as a leading example of industry-academia collaboration in a relatively short time frame.

AIS Design Olympiad 5.0 invited participants to explore and experiment with new materials, construction techniques, and technologies that can push the boundaries of traditional architecture and design. Participants were encouraged to think about how their designs could respond to emerging challenges such as climate change, rapid urbanization, and resource depletion, and how they could create solutions that are sustainable, efficient, and adaptable to changing needs.

The AIS Design Olympiad (ADO) adhered to a stringent process where each student submission underwent scrutiny by distinguished architects serving on the regional and national jury panels across India. Regional evaluations happened in the North, South, West, Central, and East Zones, with each region being assessed by a panel of renowned architects.

The Final of the AIS Design Olympiad was judged by a distinguished National Jury panel including architects such as Ar. Vivek Bhole from Vivek Bhole Architects, Mumbai; Ar. Karl Wadia from Hafeez Contractor, Mumbai; Ar. Paul Moses from RSP, Bangalore; and Ar. Avinash Nawathe from ANA Associates, Pune. The winners announced at the grand finale were Rachna Sansad Academy of Architecture, Mumbai as the Winners, Deenbandhu Chotu Ram University of Science & Technology, Murthal, Sonipat, Haryana as the 1st Runner up, and SMEF Brick School of Architecture, Pune as the 2nd Runner up. These winners, both at the national and regional levels, were rewarded with cash prizes, certificates, and trophies from Asahi India Glass Ltd, with the added opportunity for students to intern with renowned architectural firms represented by the competition’s jury members.

Speaking about AIS Design Olympiad 5.0, Mr. Vikram Khanna, COO, Consumer Glass & Architectural Institutional Business, CMO – Asahi India Glass Ltd. said, “We are thrilled to announce the winners of AIS Design Olympiad, showcasing the immense talent and creativity of budding architects. Our overarching philosophy for AIS Design Olympiad 5.0 was ‘Innovation. Futuristic Design. Sustainable Architecture.’ and we are proud of what the students achieved this year through their designs. Our heartfelt gratitude to the esteemed jury panel members for their diligent assessment. Going through all the designs from across the country to find the best ones was tough and we’re thankful to our judges from the regional and final rounds who worked hard to pick out the best designs. Our Congratulations to all participants for their exceptional contributions. We look forward to an even more inspiring ADO 6.0 next year.”

Architect Vivek Bhole National jury ADO added, “I have seen ADO grow from strength to strength in the last 5 years, I congratulate AIS on the successful completion of the 5th edition of AIS Design Olympiad. We are focused on engaging students with challenging concepts and making them future ready. As I already mentioned, I would encourage all the architectural students to upskill themselves for the competitive world out there. Once again, my heartiest congratulations to all the students and the AIS team for this wonderful event.”

Mr. Shailesh Ranjan- Business Head – Institutional Sales said, “The ADO 5.0 was a successful event; I am sure everyone is going back with one or more thoughts about sustainability and the future of architecture. We saw great designs from all the students and our heartfelt thanks to all the jury members in mentoring the teams for their presentations at the regional rounds to choosing the best designs as winners.”

Kinaxis Launches ‘Supply Chain Unplugged’ Regional Event Series to Bring Supply Chain Innovators Together

July 23, 2024,Ottawa, Ontario, Canada : Kinaxis® Inc. (TSX:KXS), a global leader in end-to-end supply chain orchestration, today announced the launch of a new event series, ‘Supply Chain Unplugged’, that will bring together leading supply chain practitioners, thought leaders, partners and academia around the world for open, peer-to-peer conversations about the latest innovations, opportunities and challenges in supply chain management.

“With supply chains growing exponentially in complexity and scale, the need for knowledge-sharing forums that bring together like-minded people to discuss best practices for staying on top of a world undergoing seismic changes is crucial,” said John Sicard, president and CEO of Kinaxis.“From innovative brands pushing the boundaries of what’s possible to world-renowned academics conducting cutting edge research, we’re excited to convene a who’s who of the global supply chain community and are confident that attendees will walk away with valuable insights to foster greater resiliency within their businesses.”

In 2024, events are planned for North America, Europe and Asia and each stop of the series will feature compelling keynotes by industry experts, panel discussions on hot button industry issues, live demos/workshops of cutting-edge technologies and case studies showcasing how practitioners are driving real impact across their supply chains.

The series will kick off on July 23, 2024 at the state-of-the-art EY Digital Operations Hub at MxD in Chicago, Illinois and is sponsored by EY and Microsoft. Kinaxis President and CEO John Sicard will deliver the opening keynote on the transformative power of supply chain orchestration, followed by discussions exploring generative AI and the future of supply chains with executives from EY, Microsoft, Colgate, Westlake, AGCO and faculty members from Northwestern’s Industrial Engineering and Management Sciences department.

The new Supply Chain Unplugged event series comes on the heels of the company’s introduction of Kinaxis Maestro™, the only AI-infused supply chain orchestration platform. Unveiled at Kinexions, the company’s flagship annual community conference, Maestro incorporates new, modern AI technologies to help teams move faster and smarter to master the complexities of today’s modern supply chains.

Additional Supply Chain Unplugged destinations include Tokyo, Singapore, London, Rotterdam, Philadelphia, Pennsylvania; Madison, Wisconsin; Atlanta, Georgia; and more.

From building the first in-memory material requirements planning (MRP) engine in the 1980s to adopting a SaaS model years before its peers and launching the first cloud-friendly planning platform in the 2000s, Kinaxis has been at the forefront of every major technological innovation within the supply chain industry for the past four decades. Celebrating its 40th anniversary in 2024, Kinaxis helps companies that supply the agricultural industry with 40% of the world’s tractors, that keep more than 110 billion teeth clean each year, and that ensure more than 35 million pets are fed nutritious meals each year.