Author: Rabindra

Eenox Revolutionizes the Skate and Bicycle Market with Precision Bearing Technology

Bulle, Switzerland, June 06, 2024 –WIB SA, a pioneer in precision bearing and subassembly manufacturing, proudly announces the official launch of Eenox, its groundbreaking direct-to-consumer subsidiary. Specializing in precision bearing technology for skateboards, in-line skates, and bicycles, Eenox is set to redefine industry standards with its unrivaled quality and innovation.

Established in 1961, WIB SA boasts a rich heritage of over four decades in producing precision bearings for the skate and bicycle industry. WIB bearings have long been the preferred choice of top athletes worldwide, recognized for their unmatched precision, durability, and performance.

Eenox is born out of a vision to directly engage with elite athletes, crafting technology that not only meets but anticipates their evolving needs. With a dedicated team of engineers and scientists headquartered in Switzerland, Eenox is at the forefront of bearing technology advancement. From cutting-edge metallurgy to groundbreaking tribology, their relentless pursuit of innovation ensures that competitive athletes stay miles ahead of the competition.

Eenox’s R&D lab, spearheaded by a distinguished PhD, serves as the epicenter of our innovation drive, continuously testing and developing groundbreaking technologies to meet the demands of tomorrow’s athletes. Their commitment to pioneering advancements is unwavering, with a philosophy deeply rooted in the belief that new technology should always be on the horizon. Their pipeline is brimming with exciting new developments, and we are thrilled to announce plans for the introduction of cutting-edge bearings tailored for the skateboard, in-line skate, and bicycle industry in the months and years ahead. As their PhD lead remarks, “At Eenox, we are dedicated to pushing the boundaries of what’s possible. Our ongoing pipeline underscores our commitment to introducing new, game-changing technology that will revolutionize the industry and empower athletes to achieve their best.”

“Our mission at Eenox is clear – to push the boundaries of bearing technology, providing athletes with the tools they need to achieve their greatest potential,” says Kal Beidas, President of Eenox. “By connecting directly with athletes, we are able to tailor our R&D efforts to their exacting requirements, ensuring that every bearing we produce is a testament to our commitment to excellence.”

Eenox is not just a brand; it’s a manifestation of precision engineering and a symbol of relentless innovation. Join them as they embark on this exciting journey to revolutionize the bearing industry. Experience the future of precision bearings – experience Eenox.

JVZoo Announces New Ownership

Orlando, FL, June 06, 2024 — JVZoo is thrilled to announce that it has welcomed new owners, Simon Harries and Laura Casselman who are joining the ownership team alongside Chad Casselman, who will continue to be a shareholder in the company. In addition, Chad Casselman will remain the Chief Technology Officer, and Laura Casselman will continue as Chief Executive Officer.

“JVZoo allowed me to change my life when I joined the network in 2014 and I was able to grow my business through joint ventures. Now, a decade later, to be able to become a part of the ownership team is a dream come true. I’m excited to bring my marketing and advertising expertise to JVZoo and its community, and to play my part in taking the platform to the next level of growth alongside Laura and Chad,” expressed one of the new owners, Simon Harries.

JVZoo continues to position itself for success and further growth with the new ownership structure. The collective experience of both new and existing owners will propel the company forward in its mission, whose success is directly linked to its users’ success.

Chad Casselman, President and co-founder of JVZoo shared his thoughts, “Companies and their structures evolve with time. It’s been an amazing journey from 2011 to 2024 that Bryan Zimmerman and I will always remember as one that changed our lives for the better. Although Bryan Zimmerman, founding member of JVZoo, is no longer an owner, he and the team at JVZoo continue to work together and remain dedicated to serving our affiliates and partners by assisting them in selling more products from our platform.”

“Having been at the helm of JVZoo for nine years, this [becoming an owner] feels like a natural progression. I care deeply about this industry and JVZoo’s network and have been committed to protecting and growing it. I’m excited about the future and look forward to sharing with our platform’s users the newest ways JVZoo can contribute to the growth of their businesses,” shared Laura Casselman.

JVZoo is confident that the continuity in leadership with the current CTO and CEO, coupled with the addition of Simon Harries as the Chief Marketing Officer, lays a robust foundation for future success.

NMDC reaffirms its commitment to sustainability on World Environment Day 2024

Mumbai, 6th June 2024: India’s responsible miner and largest iron ore producer, NMDC celebrated World Environment Day 2024 today at its Head Office in Hyderabad and projects across India, pledging to nurture the environment.

The celebrations commenced with a ceremonial lamp lighting. NMDC’s Senior Management Shri Amitava Mukherjee, CMD (Addl. Charge) along with Shri Vinay Kumar, Director (Technical) and Shri B. Vishwanath, CVO, led the employees in pledging to protect the environment. A special video was unveiled in line with the theme ‘Land Restoration, Desertification, and Drought Resilience’.

Addressing the employees and emphasizing on the importance of sustainability, Shri Amitava Mukherjee, said, “Earth is the only planet that supports life and has the potential to heal itself, but the question arises who will heal us? Are we living responsibly and preserving the resources for our future generation. We need to take care of our carbon footprints at an individual level. Our steps are directly related to intergenerational equity, so make a wise & sustainable choice for a better tomorrow.”

Shri Vinay Kumar engaged with the employees, highlighting the critical aspects of water management, deforestation, energy efficiency, and renewable energy for sustainable development. He further added, “Let’s take actions on conservation, leaving a healthy environment for the generations to come.”

The event also saw the launch of the NMDC Environment Day 2024 memoirs by Shri Amitava Mukherjee. The winners of the Environment Day Contest, organized at the NMDC Head Office, were felicitated by Shri Amitava Mukherjee, Shri Vinay Kumar, and Shri B. Vishwanath.

Additionally, NMDC organized a plantation drive at its major project sites. Poster-making and essay-writing competitions were also held for students and employees, fostering greater awareness and involvement in environmental conservation.

Through these initiatives, NMDC reaffirmed its commitment to sustainability and its role as a responsible corporate citizen. The company continues to prioritize environmental stewardship, ensuring that its operations contribute to the well-being of the planet and future generations.

DLF Mall of India Celebrates World Environment Day with a Plantation Drive

6th June 2024  Noida: To celebrate World Environment Day, DLF Mall of India carried out a grand tree plantation drive to promote environmental awareness. more than 1000 plants of different varieties were planted around the mall, including species like Peepal, Amla, Jamun, Ashok, Neem, and Moharsari. This initiative was a collaborative effort, with active participation from the dedicated mall team and students from Shankara Special School.

The mall management always emphasized the importance of planting trees, they also took a pledge to protect the environment. The students were also made aware of the importance of protecting the environment and adopting a healthy lifestyle. In our continuous efforts to include societies, the team ensured active community participation in environmental conservation and served as an educational experience for the young participants.

Speaking on the occasion, Shibli Khan, Centre Head, DLF Mall of India, said, “If you want to make the earth green, you must plant a tree. Plants are very important to make our lives healthy and happy. Our commitment towards the environment and sustainability will continue with our endeavor to plant more than 500 trees and shrubs every month.”

M3M Foundation pledges to plant 10,000 trees using Miyawaki method at Tauru Anaj Mandi- Abha Bansal

Tauru, Haryana,6th June 2024: On the occasion of World Environment Day, a tree plantation program was organized at the Anaj Mandi in Tauru today. In this program organized by M3M Foundation, a pledge was taken to plant 10,000 trees, which will be done using the Miyawaki method. On this occasion, SDM Mr. Sanjeev Kumar and DSP Mr. Mukesh Kumar along with other dignitaries were also present.

Well-known social worker and patron of M3M Foundation Mrs. Abha Bansal, who was the chief guest of the program, ensured M3M Foundation’s commitment to environmental conservation. She said, “Ever since the M3M Foundation and Sarvodaya program were established, environmental protection has been our main priority. We will continue to do whatever possible for the development of Tauru.”

After the program at Anaj Mandi, Mrs. Abha Bansal also visited village Charoda, where she planted the trees along with school teachers and community members. Representatives of the organization, the school principal, other teachers, village Sarpanch, Anganwadi workers, ANM, and other villagers also participated in the program.

On this occasion, Dr. Aishwarya Mahajan, President of M3M Foundation said, “The theme of this year’s World Environment Day is ‘Solution to Plastic Pollution’, and we need to make collective efforts to make our environment plastic-free. Tree plantation is only the beginning; we have to move towards sustainable development holistically.”

M3M Foundation has so far planted more than 3,50,000 trees across India, out of which 1,50,000 trees have been planted in Tauru with the cooperation of community members, with a survival rate of more than 85%. Revitalization work of 6 water bodies is underway in Tauru and revitalization work of many more water bodies will start soon.

Renewable Industry Gains Momentum with Growing Workforce and Decreasing Attrition, finds Teamlease

BENGALURU, 6th June 2024 The Indian renewable energy sector is witnessing a positive trend in workforce metrics, according to recent data from TeamLease Services (NSE: TEAMLEASE). The data reveals a substantial increase in employee growth, accompanied by a consistent decline in attrition rates.

The renewable energy sector has experienced a remarkable surge in associates’ growth, with a staggering 23.7% increase in FY23-24, compared to 8.5% in FY22-23. This substantial growth underscores the sector’s expansion to meet global renewable energy targets and sustainability goals, and the increasing demand for skilled workers. The demand for roles is exceptionally high in Tier 2 and Tier 3 cities, where most renewable energy projects are located. While positions in operations, maintenance, and technical roles are highly sought, there is a rising demand for solar PV and wind turbine technicians and installers, roofers, production operators, storage operators, and waste management specialists.

“We are witnessing a positive trend in the renewable sector’s workforce.” Mr. Subburathinam P, CSO Staffing at TeamLease Services, remarked, “The renewable energy sector is more than just about green energy; it’s about fostering a resilient and engaged workforce passionate about making a difference. The decline in attrition rates is a testament to the fact that employees are not only finding meaningful careers but are also deeply engaged and motivated by their impactful work.”

The data insights say the percentage of associates aged 18-25 is 10.9%, 26-30 is 26.9%, 31-35 is 27.9%, 35-40 is 16%, and 40+ is 18.2%. This diverse age distribution denotes a balanced blend of seasoned expertise and fresh perspectives, collectively contributing to the sector’s capacity for innovation and growth.

One notable finding is the downward trend in attrition rates. The attrition rate has decreased to 33.5% in FY23-24, compared to 38.8% in FY22-23. This significant reduction reflects a greater sense of stability and job satisfaction among employees in the renewable energy sector. Consequently, this trend contributes to the sector’s overall growth and resilience.

Kartik Narayan, CEO of Staffing TeamLease Services, emphasized, “The noteworthy growth and reduced attrition rates in the renewable energy sector highlight the industry’s evolving dynamics. There is a commitment to creating an environment where talent thrives and contributes to a sustainable future. Our insights underscore the industry’s advancing phase, marking a transformative chapter characterized by resilience and opportunities in the renewable energy sector.”

The findings highlight the educational qualifications among associates in the renewable energy sector. While 22.9% of associates have completed 10th and 12th grade, 73% hold an ITI, diploma, or graduation degree. Also, 4.1% of the workforce holds a postgraduate degree. This educational diversity reflects the sector’s inclusive approach to hiring and welcoming individuals from various academic backgrounds to contribute to the renewable energy mission.

Teamlease provides comprehensive data on the evolving workforce dynamics of India’s renewable sector, which is experiencing promising growth and resulting in increased demand.

Innovation Overdrive: Cutting-Edge Tech Forging India as a Software Product Nation

“To propel India’s transition into a product nation, we must adopt a multi-pronged strategy. This could involve fostering a fertile environment that encourages entrepreneurs to succeed by recognizing and classifying the software product industry differently from the software services industry. Therefore, assigning a dedicated product code for software products could lay the foundation for their correct treatment in India. To build great products in India, one needs to have a keen and strong engineering mindset. It is critical to build that skill set in India through the improvement of the depth of computer engineering in the education system. Encouraging mentorship through role models that inspire aspiring entrepreneurs and help create innovative and unique products while solving modern-day challenges is essential. The development of programs that nudge and support individuals in this direction, including startup incubation centers, financial and business support, and provision of tax subsidies to promote and ease the R&D work, is crucial to creating disruptive products. This will not only help ease the commercial aspect but, more importantly, support the innovative push that is critical for companies to come out with winning product offerings. At an overall level, it is important to give focused attention and support to the software products industry within the broader software industry.”- Mr. Tejas Goenka, Managing Director, Tally Solutions

World Environment Day press note | Mantri Square Mall

6th June 2024 Mantri Mall – World Environment Day Initiative:
Mantri Square Mall, a premier shopping destination in Bangalore, is celebrating World Environment Day, today, by distributing 500 saplings to the public as part of its efforts to promote environmental sustainability. These saplings symbolize a brighter future with cleaner air, mitigate climate change, and a haven for local species.

In line with the activity, Kamakshi Mantri, Chief Strategy Officer of Mantri Square Mall, said “We are committed towards making a positive impact on the environment and are excited to be a part of this global initiative. By giving away these saplings, we hope to inspire others to join us in our efforts to protect the planet”.

Additionally, this initiative underscores the importance of collective responsibility in maintaining the climate and fostering a healthier environment for future generations. Mantri Square Mall invites everyone to participate and contribute to creating a greener, more sustainable future.

Coca-Cola India Celebrates World Environment Day with BenchPeBaat, Reviving The Spirit Of Genuine Connections

Bengaluru, 6th June 2024: In celebration of World Environment Day, Coca-Cola India today launched #BenchPeBaat, a campaign aimed at reviving the spirit of true connections and conversations among people. This is a celebration of Coca-Cola India’s commitment to creating a World Without Waste through a circular economy and fostering meaningful interactions in communities across India. Coca-Cola India through its foundation, Anandana, in partnership with United Way Mumbai has installed 380 sustainable benches in 10 cities in India. These repurposed benches, crafted from recycled plastic waste collected during the ICC World Cup 2023, aim to make a refreshing difference, one conversation at a time.

Each bench is created from approx. 50 Kg of recycled plastic waste. These eco-friendly benches have been installed in schools, colleges, public parks, and municipal corporation offices across 10 cities in India, including Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Ahmedabad, Pune, Dharamshala, and Lucknow.

Speaking on the campaign, Rajesh Ayapilla, Senior Director-CSR and Sustainability for Coca-Cola India and Southwest Asia (INSWA), said, “At Coca-Cola India, we are steadfast in our commitment towards our global strategy called World Without Waste which drives systemic change through a circular economy of packaging. Our #BenchPeBaat campaign is a testament to our dedication towards sustainability, as we transform waste into meaningful community assets. These sustainable benches symbolize our efforts to reduce environmental impact.”

The campaign film conceptualized by Havas People India – Talent communication and Employer branding agency of Havas India, features a blend of innovative AI-generated visuals that beautifully capture the essence of its message. The film has been meticulously crafted to immerse viewers in the story of the sustainable benches as conversation starters, through heartwarming and colorful imagery that resonates deeply with the audience.

On the campaign, Arindam Sengupta, MD of Havas People India – Talent communication and employer branding agency of Havas India, said, “We are proud to partner with Coca-Cola India on the groundbreaking #BenchPeBaat campaign, which ignites awareness and dedication to sustainability. Together, we are transforming waste into eco-friendly collaterals, underscoring our shared commitment to creating meaningful environmental stewardship. This collaboration inspires change and fosters a brighter, more sustainable future for generations to come, showcasing how we brought this vision to life and made a real difference.”

George Aikara, CEO, United Way Mumbai, said, “We are thrilled to collaborate with Coca-Cola India on the #BenchPeBaat campaign. By transforming plastic waste gathered during the ICC Cricket World Cup into eco-friendly benches, we are not only addressing the waste problem but also enriching our communities with innovative street furniture, creating vibrant social spaces. This initiative exemplifies sustainable practices, promoting environmental awareness, while the benches serve as focal points for community engagement.”

Last year, Coca-Cola India teamed up with the International Cricket Council (ICC) and United Way Mumbai during the ICC Men’s Cricket World Cup 2023, strategically placing Reverse Vending Machines and collection bins at stadium touchpoints and ICC hospitality zones in 10 host cities. The recycled plastic waste collected was then repurposed into the approximately 380 sustainable benches that have been installed across 10 cities in India.

On World Environment Day, AU Small Finance Bank organizes nationwide tree plantation drive

Bengaluru,6th June 2024 AU Small Finance Bank (AU SFB), India’s largest small finance bank, in a demonstration of its commitment to environmental sustainability, organized an extensive “Tree Plantation” drive on World Environment Day, today. The plantation drive spanned eleven locations across India, including Jaipur, Chandigarh, Delhi, Raipur, Ahmedabad, Rohtak, Bengaluru, Indore, Mumbai, Pune, and Kolkata.

5th June is celebrated as World Environment Day globally. This year’s theme is land restoration, desertification, and drought resilience and the slogan is ‘Our Land Our Future’. As tree plantation helps in land restoration, avoids desertification, and makes the ecosystem drought resilient, AU SFB has planned this drive.

While highlighting its significance, Mr. Sanjay Agarwal, Founder, MD & CEO, AU Small Finance Bank, said, “This tree plantation drive aligns with our unwavering commitment to the environment and sustainable practices. AU SFB recognizes the environment’ as a key stakeholder and therefore we have intensified our sustainability efforts under the guidance of the Sustainability Committee of the Board. As an organization, we are committed to a sustainable future.”

AU Small Finance Bank is at the forefront of Environmental, Social, and Governance (ESG) initiatives, reflected by its enhanced ratings on prominent sustainability platforms. This recognition underscores the bank’s commitment to sustainability and its pioneering efforts in the banking industry.

Furthering its commitment to ESG initiatives and customer-centric solutions, AU Small Finance Bank also offers AU Green Fixed Deposit. Funds raised through this innovative product are exclusively allocated to essential green projects, including solar power and electric mobility solutions, thereby supporting climate action.