Author: Rabindra

RPS Consulting Private Limited Honored with Prestigious 2023 EC-Council ATC of the Year

Bengaluru,3rd April 2024: RPS Consulting Private Limited, an NIIT Limited subsidiary has been conferred the 2023 EC-Council ATC of the Year Award for its outstanding contribution to the mission of creating a skilled Cybersecurity Workforce. Every year, EC-Council, a global leader in cybersecurity education and training, and the inventor of Certified Ethical Hacker(CEH) takes great pride in recognizing training centers globally that strive to impact local communities and improve their students’ cybersecurity education.

Commenting on the achievement, Prasad Balakrishnan, Director & CEO, RPS Consulting Pvt Ltd, said, “We are incredibly honored to be recognized as the 2023 EC-Council ATC of the Year. This award is a testament to our unwavering commitment to developing exceptional cybersecurity training programs. We are proud to be part of a larger ecosystem dedicated to fostering a more secure future. We look forward to building upon this success and forging even stronger within the cybersecurity community.”

“We extend our congratulations to RPS Consulting for their well-deserved recognition with the prestigious 2023 EC-Council ATC of the Year Award. Their commitment to strengthening a skilled cybersecurity workforce is truly noteworthy, emphasizing the vital role of their efforts in today’s digital landscape. This award accentuates their outstanding contributions to cybersecurity education and training, establishing a standard of excellence within the industry. RPS Consulting’s dedication to advancing cybersecurity is noteworthy, and I am confident they will continue to have a significant impact in the future”, said Jay Bavisi, President and CEO, EC-Council Group.

RPS Consulting has been selected as the winner in a highly competitive field, showcasing its prowess in delivering exceptional services and maintaining a leadership position in the market. Over 2,380 training partners across 145 countries worldwide participated in the awards and went through stringent criteria such as learner’s feedback on EC-Council courses and faculty, course evaluation reports, the ratio of learners who attempt EC-Council certifications, the volume of learners educated in cybersecurity, and continuous program development.

Overwhelmed with the announcement, Francis Jacob, President & Head of RPS Consulting Pvt Ltd, said, “This recognition underscores the dedication to developing a skilled cybersecurity workforce, a crucial need in today’s rapidly evolving and prone to cyber threat landscape. As the talent needs of GCCs evolve rapidly, RPS Consulting is actively helping organisations stay ahead by providing them with the necessary resources and training.”

“The dedication and expertise of our teams have empowered countless individuals with the skills and training needed to face cyber threats effectively. We are grateful to the EC-Council for this honor and remain passionate about fostering a future where cybersecurity professionals are equipped to tackle the challenges of tomorrow. We share this award with our valued clients, partners, and employees who have been instrumental in our success,” said Hari Shankar, VP – Alliances & Partnerships, RPS Consulting Pvt Ltd.

Navigating the Bioplastics Packaging Market Trends Projections, and Insights

Introduction:

The global bioplastics packaging market is undergoing a transformative phase, driven by the escalating demand for sustainable packaging solutions across industries. With a projected compound annual growth rate (CAGR) of approximately 12.5% from 2023 to 2033, reaching a valuation of about US$ 23,818.9 million, the market presents a compelling opportunity for stakeholders. This article offers a comprehensive exploration of the bioplastics packaging landscape, encompassing current trends, future projections, key drivers, challenges, and regional dynamics, as per data according to Persistence Market Research

Current Market Dynamics:

As of 2022, the global bioplastics packaging market size stood at approximately US$ 7,678.7 million, with projections estimating a substantial increase to around US$ 8,913.1 million by the end of 2023. This growth trajectory is indicative of the rising adoption of bioplastics as a viable alternative to conventional plastic packaging materials. Moreover, the market is poised for significant expansion over the forecast period, driven by increasing consumer awareness, regulatory interventions, and technological advancements.

Drivers of Growth:

Several factors are propelling the growth of the bioplastics packaging market:

• Sustainability Focus: With heightened environmental consciousness, there’s a growing preference for biodegradable and eco-friendly packaging solutions. Bioplastics, derived from renewable resources, offer a sustainable alternative to traditional plastics, aligning with consumer preferences and regulatory mandates.
• Food and Beverage Sector Demand: The food and beverage industry represents a significant end-user segment for bioplastics packaging. Factors such as contamination risk mitigation, consumer preference for natural polymers, and the pursuit of environmentally friendly packaging solutions are driving the adoption of bioplastics in this sector.
• Technological Advancements: Major industry players are investing in research and development to enhance the physical properties of bioplastic materials. Innovations aimed at improving durability, flexibility, and barrier properties are expanding the application scope of bioplastics across diverse industries.
• Regulatory Initiatives: Stringent regulations aimed at curbing plastic pollution, such as the European Union’s ban on single-use plastics, are catalyzing the adoption of bioplastics packaging. Regulatory interventions incentivize businesses to transition towards sustainable packaging solutions, thereby fostering market growth.

Regional Insights:

• Europe: The European market is at the forefront of bioplastics adoption, driven by stringent regulatory frameworks favoring sustainable packaging practices. Countries like Germany, France, and the UK are witnessing increased investments in bioplastics research and development, bolstering market growth.
• North America: The United States leads the North American bioplastics packaging market, propelled by a combination of regulatory measures, consumer awareness campaigns, and technological innovations. Initiatives aimed at reducing single-use plastics are driving the adoption of bioplastics across various sectors.
• Asia Pacific: Emerging economies like India and China are experiencing rapid growth in the bioplastics packaging market. Government initiatives to phase out single-use plastics, coupled with increasing consumer demand for sustainable products, are fueling market expansion in the region.

Challenges and Restraints:

Despite the promising growth prospects, the bioplastics packaging market faces certain challenges:

• Raw Material Sourcing: The complexity involved in sourcing agricultural raw materials for bioplastics production poses logistical challenges for manufacturers.
• Technological Constraints: The development of bioplastic packaging with comparable performance characteristics to conventional plastics remains a technological challenge.
• Waste Management: Effective disposal and recycling of bioplastics present logistical and infrastructural challenges, hindering widespread adoption.

Future Outlook:

The future of the bioplastics packaging market is characterized by innovation, sustainability, and regulatory compliance. Continued advancements in bioplastics technology, coupled with evolving consumer preferences and regulatory landscapes, will drive market growth. Key players in the industry are expected to focus on research and development, strategic collaborations, and market expansion initiatives to capitalize on emerging opportunities.

Conclusion:

The bioplastics packaging market represents a paradigm shift towards sustainability and environmental stewardship in the packaging industry. With robust growth projections and increasing adoption across diverse end-user segments, bioplastics are poised to reshape the global packaging landscape. As stakeholders navigate challenges and capitalize on opportunities, the stage is set for a sustainable, eco-friendly future driven by bioplastics innovation.

PizzaMan Dan’s Launches Pizza Burger in Strategic Move

Ventura, CA, April 03, 2024 — In a bold response to the recent minimum wage legislation affecting the fast food industry, PizzaMan Dan’s introduces the innovative $5 Pizza Burger. This move positions the beloved chain as a leader in offering value and taste in the face of rising costs that are prompting price increases across major chains.

Navigating Industry Changes with Ingenuity
The implementation of Assembly Bill 1228, raising the minimum wage for California-based fast food workers to $20 per hour, marks a significant shift in operational costs for the industry. Major restaurant chains have signaled potential price hikes to offset increased labor expenses. Amidst these changes, PizzaMan Dan’s unveils the Pizza Burger as an emblem of creativity and customer commitment, proving that quality dining experiences can remain accessible.

Safe & Chic Celebrates 9 Years of Pioneering in Clean Beauty Retail

Mission Viejo, CA, April 03, 2024 — Safe & Chic, the premier online destination for non-toxic and cruelty-free beauty products, is thrilled to announce its 9th anniversary. Since its inception, Safe & Chic has been at the forefront of the clean beauty movement, offering a curated selection of skincare, makeup, and haircare products that meet the highest standards of safety and ethical responsibility.

Founded on the belief that consumers should not have to compromise their health for beauty, Safe & Chic has meticulously vetted every product featured on its website safeandchic.com ensuring they are free from harmful chemicals and have not been tested on animals. This commitment has cemented Safe & Chic’s reputation as a trusted retailer in the clean beauty space, boasting an expansive inventory of over 150 brands, including some of the most innovative and sustainable labels in the industry.

“Reflecting on the past nine years, we are filled with gratitude for the support and trust of our customers, partners, and the clean beauty community,’’ said Angela, Founder of Safe & Chic. “Our journey began with a simple vision to make clean beauty accessible to everyone. Today, we celebrate not just the growth of Safe & Chic, but the collective strides we’ve made towards a more conscious and sustainable beauty industry.”

As Safe & Chic embarks on its ninth year, the company remains committed to its founding principles while exploring innovative ways to expand its offerings and support for the clean beauty movement. “Our anniversary is a testament to what we can achieve when we stay true to our values,” added Angela. “Looking ahead, we are excited to continue pioneering in this space, bringing our customers the best in clean beauty, and making a positive impact on the planet and our health.”

Torque Pharma’s No Scars Brand Honored as India’s Most Trusted by Team

Mumbai, 3rd April 2024: Torque Pharma, one of India’s leading pharmaceutical companies, has been recognized for its ‘No Scars’ Cream as one of the most trusted brands in India, as announced by Team Marksmen, a renowned market research and consulting firm. This prestigious recognition underscores Torque Pharma’s unwavering commitment to quality, innovation, and customer satisfaction. Team Marksmen, known for its comprehensive and impartial evaluation of brands across various sectors, conducted extensive research to identify brands that have earned the trust and confidence of Indian consumers. After thorough analysis and scrutiny, ‘No Scars’ emerged as a standout brand, revered for its efficacy and reliability.

Torque Pharma’s ‘No Scars’ brand is well known for its Cream (a prescribed medicine), Face Wash & Soap, known for its astounding ability to effectively diminish the appearance of scars, spots, and marks. The ‘No Scars’ cream helps in fighting Melasma, a common skin problem that causes dark, discolored patches on the skin. ‘No Scars’ Cleansing Neem Face Wash is a gentle and effective daily facial cleanser that removes impurities and fights occasional acne without drying skin and the bathing soap is made from a blend of natural and organic ingredients, ensuring a gentle and soothing cleanse.

A.I.S Bedi, the Managing Director of Torque Pharmaceuticals said, “I am pleased to announce that our flagship brand, ‘No Scars’ has been recognized as one of India’s most trusted brands by Team Marksmen Daily. This accolade reaffirms our dedication to delivering quality healthcare solutions that empower individuals to embrace confidence and wellness. I would further like to thank our customers for their unwavering support and for making ‘No Scars’ one of the most trusted brands in India.”

Mandeep Singh, Executive Director of Torque Pharmaceuticals said, “We are thrilled to announce that our flagship brand ‘No Scars’ has been recognized as India’s most trusted brand by Team Marksmen Daily. “Being recognized as India’s Most Trusted Brand for ‘No Scars’ is a testament to the dedication and integrity of our team at Torque Pharma. This recognition serves as a validation of Torque Pharma’s steadfast commitment to innovation and excellence within the pharmaceutical industry.”

Rajesh Khubchandani, Co-Founder and CEO, of Team Marksmen Network, said, “Trust is no longer just a nice-to-have; it is a strategic differentiator for brands, and the Most Trusted Brands of India 2024 epitomizes this spirit. Through a rigorous, research-driven process, we have spotlighted brands that have prioritized trust by aligning their actions with their values, embracing transparency, and consistently delivering on their promises. In this way, they not only create thriving but also leave an indelible mark on the lives they have touched.”

As Torque Pharma celebrates this milestone, the company remains steadfast in its mission to empower individuals to lead healthier and happier lives. With a diverse portfolio of products that cater to various healthcare needs, Torque Pharma continues to set new benchmarks for quality and reliability in the pharmaceutical industry.

FocusPoint International Joins the MSSA

Sunrise, FL, April 03, 2024 –FocusPoint International, the global leader in ERaaS for cellular and satellite today announced its membership in the Mobile Satellite Services Association (MSSA) – an industry effort to advance the development of direct-to-device (D2D) and IoT connectivity though an ecosystem of Non-Terrestrial Network (NTN) providers that are committed to seamlessly extending mobile coverage globally.

MSSA – launched in February 2024 – seeks to develop a global ecosystem utilizing L- and S-band spectrum already allocated and licensed for mobile satellite services (MSS), which is well-suited for integration into a broad range of mobile devices. Through the coordinated deployment of technical standards and enhancement of regulatory frameworks, the MSSA drives new initiatives to foster support for MSS-based services leveraging the 3GPP mobile standards.

The Association’s founding members, along with other ecosystem players, support integrating terrestrial and non-terrestrial networks (NTNs) to deliver scalable, sustainable, and affordable connectivity to any device, anytime, anywhere. Emerging D2D services can expand connectivity and enable competition across multiple large and diverse segments, including cellular, industrial, government, agriculture, automotive, and others.

“I am thrilled to announce our participation in the Mobile Satellite Services Association, as it aligns perfectly with our commitment to pushing the boundaries of connectivity, innovation and the ability to seek emergency assistance anytime from anywhere,” said Greg Pearson, CEO of FocusPoint International. “Together, we’ll propel the future of mobile satellite services to new heights, empowering global connectivity like never before,” added Pearson.

“MSSA effectively brings together industry expertise and best practices and presents a unified voice to foster the emerging D2D ecosystem. Adding FocusPoint International to our member roster right out of the gate is a great step for the association as we set out to advance the future of mobile global connectivity,” said Mark Dankberg, Board Chairman of MSSA.

WIKA India Honored with DCCIA Best HR Practices Award

Pune, 3rd April, 2024:WIKA India, a leading global measurement technology company and a pioneering force in the manufacturing sector, has been coveted with the ‘DCCIA Best HR Practices Award’ at the prestigious annual awards function of Deccan Chamber of Commerce, Industry, and Agriculture (DCCIA), held recently in Pune. Of the total 13 organizations who gave presentations, 07 were selected for the second round and finally, WIKA India was selected as the final winner for its exemplary Human Resources practices. This award was given based on our onboarding and employee engagement process.

Mr. Gaurav Bawa, Senior Vice President of WIKA India, expressed his gratitude and said, “WIKA India humbly acknowledges the recognition as a testament to our unwavering commitment to nurturing talent and fostering excellence in our workplace culture.”

Expressing her gratitude for the recognition, Ms. Anushka Sharma, Head Human Resources, WIKA India, said, “Receiving the ‘DCCIA Best HR Practices Award’ reflects our dedication to excellence and innovation in HR practices while setting a benchmark. This recognition sets a new standard for our industry peers and reaffirms WIKA’s leadership in the instrumentation sector. We are honored to be acknowledged for our dedication to nurturing talent and creating a dynamic workplace environment.”

The ‘DCCIA Best HR Practices Award’ recognizes organizations that demonstrate outstanding excellence and innovation in their human resources strategies and initiatives. This prestigious accolade, bestowed by the Deccan Chamber of Commerce, Industry, and Agriculture (DCCIA), highlights companies that prioritize the well-being, development, and engagement of their employees.

Mr. Rathin Sinha, Chairman of DCCIA, Mr. H P Srivastava, Vice Chairman of DCCIA, Mr. Vasudev Malu, Secretary of DCCIA, Mr. Prakash Dhoka, Treasurer of DCCIA and Mr. Vibhu Prasad, member of DCCIA amongst other dignitaries were present at the occasion.

GE Aerospace Launches as Independent Investment-grade Public Company Following Completion of GE Vernova Spin-Off

BENGALURU –3rd April 2024 – GE Aerospace (NYSE: GE) today announced its official launch as an independent public company defining the future of flight, following the completion of the GE Vernova spin-off. GE Aerospace will trade on the New York Stock Exchange (NYSE) under the ticker “GE”. Today, April 2, 2024, at 9:30 a.m. ET, GE Aerospace, and GE Vernova will ring the opening bell together at the NYSE.

GE Aerospace Chairman and CEO H. Lawrence Culp Jr., said, “With the successful launch of three independent, public companies now complete – today marks a historic final step in the multi-year transformation of GE. I am tremendously proud of our team, their resilience, and their dedication to achieving this defining moment.”

Culp continued, “Building on a century of learning and carrying forth GE’s legacy of innovation, GE Aerospace moves forward with a strong balance sheet and greater focus to invent the future of flight, lift people up, and bring them home safely. With FLIGHT DECK, our proprietary lean operating model, as our foundation, I am confident we will realize our full potential in service of our customers, employees, and shareholders.”

With an installed base of approximately 44,000 commercial engines and approximately 26,000 military and defense engines around the world, GE Aerospace launches as an established global leader in propulsion, services, and systems. The company generated approximately $32 billion in adjusted revenue* in 2023, with 70% generated by services and the strong economics of the engine aftermarket.

At the company’s Investor Day in March, GE Aerospace reaffirmed its 2024 guidance and presented a longer-term financial outlook, including expecting to achieve ~$10 billion of operating profit* in 2028. Additionally, GE Aerospace shared a capital allocation framework to invest in growth and innovation, while also returning approximately 70-75% of available funds to shareholders.

The launch of GE Aerospace represents the completion of GE’s multi-year financial and operational transformation. Over the last several years GE has taken steps to significantly strengthen the business, including more than $100 billion in debt reduction since 2018. Simultaneously, the company-wide implementation and adoption of lean and a relentless pursuit of continuous improvement in service of the customer enabled a deep and sustainable shift in culture. This stronger foundation enabled the successful creation of three independent companies – GE HealthCare, GE Vernova, and GE Aerospace – each of which is now well-positioned to build upon GE’s history of innovation.

Holders of GE common stock were entitled to receive one share of GE Vernova common stock for every four shares of GE common stock. For United States federal income tax purposes, the distribution has been conducted in a tax-efficient manner for GE shareholders in the United States.

Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal counsel. Evercore, Morgan Stanley, and PJT Partners were the lead financial advisors to GE on the transaction. The Company also received legal advice from DLA Piper and Gibson, Dunn & Crutcher LLP and financial advice from Citibank, The Consello Group, BNP Paribas, and UBS.

GE Aerospace will issue its first quarter 2024 earnings on April 23, 2024, and will host its earnings call at 7:30 a.m.ET, which can be accessed here.

For additional information, please visit GE Aerospace’s “Spin-off Resources” page here.

Non-GAAP Financial Measures

In this document, we sometimes use information derived from consolidated financial data but not presented in our financial statements prepared by U.S. generally accepted accounting principles (GAAP). Certain of these data are considered “non-GAAP financial measures” under the U.S. Securities and Exchange Commission rules. These non-GAAP financial measures supplement our GAAP disclosures and should not be considered an alternative to the GAAP measure. The reasons we use these non-GAAP financial measures and the reconciliations to their most directly comparable GAAP financial measures are included in our earnings releases and the appendix of the GE Aerospace 2024 Investor Day investor presentation, as applicable.

Caution Concerning Forward-Looking Statements:

This document contains “forward-looking statements” — that is, statements related to future, not past, events. These forward-looking statements often address GE Aerospace’s expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, and are subject to risks, uncertainties and assumptions. For GE Aerospace, particular areas where risks or uncertainties could cause GE’s actual results to be materially different than those expressed in GE Aerospace’s forward-looking statements include: changes in macroeconomic and market conditions and market volatility, including risk of recession, inflation, geopolitical conflict; supply chain constraints or disruptions, interest rates, the value of securities and other financial assets (including GE Aerospace’s equity interest in GE HealthCare), commodity prices and exchange rates, and the impact of such changes and volatility on GE Aerospace’s business operations, financial results and financial position; GE Aerospace’s capital allocation plans, including the timing and amount of dividends, share repurchases, acquisitions, organic investments, and other priorities; and other factors that are described in the “Risk Factors” section of our Annual Report on Form 10-K for the year ended December 31, 2023, as such description may be updated or amended in any future reports that GE Aerospace files with the SEC. These or other uncertainties may cause GE Aerospace’s actual future results to be materially different than those expressed in its forward-looking statements. GE Aerospace does not undertake to update its forward-looking statements.