30, Jul 2024
Jeena Criticare Logistics elevates Prakash Singh as Chief Operating Officer
Mumbai / Delhi NCR, 30 July 2024: Jeena Criticare Logistics Pvt. Ltd., (JCL) the Healthcare arm of Jeena & Company elevated Mr. Prakash Singh as Chief Operating Officer (COO). Mr. Singh, having spent more than 9 years at Jeena is a seasoned leader with extensive experience in international Cold Chain freight forwarding and Domestic Supply Chain, bringing a wealth of knowledge to his new role.
Mr Singh, since his joining in 2016, has held various pivotal positions and has been instrumental in driving the success of Jeena & Company in the Pharmaceutical vertical. His thorough experience in the field will be an asset in steering Jeena Criticare Logistics’ success towards further growth.
Welcoming Mr. Prakash Singh into his new role, Partners at Jeena & Company said, “Prakash has been an invaluable asset to the company and the team. His understanding of the business and client requirements, coupled with his insights, has made him an essential member of Jeena & Company, for nearly a decade. We are confident that entrusting him with these additional responsibilities will further enhance our success and contribute significantly to the business.”
Mr Singh is well known in the industry and has chaired many webinars on Pharma logistics both at National and International level. He has also been part of many International conferences.
As the COO, Mr. Singh will oversee the development and implementation of strategic initiatives to drive growth through operational efficiency, business development, financial oversight, and innovation at Jeena Criticare Logistics. His key responsibilities will also include quality control, leadership development, stakeholder engagement, and ensuring compliance with industry standards and regulations. He will be instrumental in optimizing performance, fostering a culture of continuous improvement, and expanding the company’s market presence.
Expressing his enthusiasm for the new role, Mr Prakash Singh stated, “My journey with Jeena & Company has been incredibly rewarding, marked by meaningful contributions and achievements. I am excited to embrace this new and vital role, and I look forward to the challenge of further elevating our operations at Jeena Criticare Logistics. This opportunity marks a significant step towards fostering long-term growth with Jeena Criticare Logistics.”
Mr. Singh’s strong educational foundation features a Science Graduate from Rajasthan University, a Diploma in Modern Business Strategies from EQP Business School Sweden, and an MBA with a focus on Marketing, Finance & Supply Chain from Siva Sivani Institute, Hyderabad. He has vast experience in the field of Domestic and International Cold Chain Management, DGR, Clinical Trials, and Healthcare logistics. His impressive qualifications and esteemed industry reputation further strengthen his leadership of Jeena Criticare Logistics.
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- By Rabindra
30, Jul 2024
Hafele’s RE-Inforce Digital Lock
Hafele introduces a new perspective to home security with its integrated range of Digital Home Security Solutions. With this range we bring to you the most advanced technologies in digital access modes, safety features, convenient settings and much more; attempting to provoke a serious thought towards home security. These solutions from Hafele can allow you to control multi-dimensional aspects of home access through a single locking device, as per your specific lifestyle and at the leisure of your convenience.
Classic Design, Multiple Access Modes
RE-Inforce security with this sleek all-in-one digital lock. With multiple access options and a flushed body that appears as if it is forged out of black glass, this lock provides superior functionality and sophisticated aesthetics. Easy to use and set-up (with an option of operating via the Hafele Smart Living App), the lock provides access through fingerprint, RFID card, password and via the mobile application. Delivering high security, the lock safeguards the door within 3 seconds of closing it and offers a robust deadbolt connection ensuring utmost safety.
30, Jul 2024
Filatex Fashions Ltd’s mining subsidiary receive Export Order worth USD 35 million (Rs. 293 crore)
Hyderabad, 30 July, 2024: Subsidiary of Hyderabad based leading socks and cotton products manufacturing company Filatex Fashions Ltd has received export order worth USD 35 million for supply of 2,97,388 metric tonnes of White Marble.
Company’s subsidiary in the mining business, that Filatex Mines and Minerals Private Ltd has received this order from Bloomflora Ventures Limited, a company is into Hospital Development Business for their upcoming 54 hospital in Africa. The order for supply White Marble order over a period of 7 years is estimated to be USD 35 million (Rs. 293 crore). It is the first export order for company’s mining subsidiary.
Board of Directors of Filatex Fashions Ltd at its meeting held on 26 July 2024 has approved the appointment of Mr. Sunil Agarwal as an Additional Director and CEO of the Company in the Executive Director category. The appointment is subject to the approval of the shareholders in the ensuing Annual General Meeting. Mr. Sunil Agarwal has over 10 years of extensive experience and holds expertise in Financial Services, Advisory, Investment Advisory and Risk Management Consulting and has been on the Boards of some prominent companies.
Company in it’s the Extra Ordinary General Meeting held on 15 July 2024 approved the 5-for-1 stock split. Authorised share capital of the company of the company further to the approval of the shareholders in EGM stands at Rs. 850 crore divided into 850 crore equity shares of Rs. 1 each.
To enhance the liquidity in the capital market and widen shareholder base, the company in the board meeting held on 7 June 2024 approved 1:5 (5-for-1) stock split. Company approved sub-division of existing 1 Equity Share of face value of Rs. 5 each fully paid up into 5 Equity Shares of Rs. 1 each fully paid up. Record date for the purpose of stock split is fixed as 9 August 2024.
Incorporated in 1995, Filatex Fashions Ltd specializes in socks manufacturing and cotton products with 25 socks-knitting machines with the latest finishing and setting machines, using infrared technology for the first time in India. Filatex Fashions has gained rich experience in the European and Indian market. With manufacturing plants located in Hyderabad, Telangana, the company offers private label services and the option to use its branded label for socks. Company’s clients include renowned brands like FILA, Sergio Tacchini, Adidas, Walt Disney and many other top labels of the fashion world.
Company’s shares are recently admitted to dealings on NSE with a code FILATFASH w.e.f 6 May 2024. Company’s shares were listed on Bombay Stock Exchange since 23 September 1996 and will continue to be listed on the exchange with the scrip code 532022. Company has also appointed Mr. Yash Sethia as Chief Financial Officer (CFO) of the Company from 30th March 2024.
Company board in the meeting held on 6 July has approved to set up a wholly owned subsidiary for export of textile garments and fabrics in Delhi reason being Delhi is a source for readymade goods which can be easily supplied to overseas market. Additionally, board also approved proposal to set up a Corporate Office in Mumbai for business expansion and planning to appoint senior managerial personnel like CEO, head of compliance etc. which will help the company in its smooth business expansion in global markets.
Company has a State of art manufacturing unit located at Hyderabad having ultra-modern, latest machinery from Korea and Italy with In-house R&D facilities, is on Growth path with various new orders from Leading Brands. Company has a modern state-of-the-art plant spread over 4 acres capable of producing 8.64 million pairs of socks per annum. The company further plans to ramp up production capacity upto 14 million pairs of socks per annum.
For FY23-24, company posted net profit of Rs. 8.95 crore, total income of Rs. 179.02 crore. During Q4FY24, net profit of the company was reported at Rs. 2.56 crore and total income of Rs. 69.59 crore.
30, Jul 2024
4 MICE Innovators Redefining Corporate & Incentive Travel
In the evolving landscape of corporate incentives, MICE (Meetings, Incentives, Conferences, and Exhibitions) companies are introducing new approaches to enhance employee motivation and engagement. These top five companies are setting the bar higher by offering innovative and tailored incentive travel experiences that go beyond traditional rewards. Here’s how these leaders are reshaping corporate incentives with their unique strategies.
1. Trip Navigator
Trip Navigator is making a mark in corporate incentive travel with its personalized approach. By customizing each program to fit the specific needs of clients, they ensure that every incentive trip is unique and meaningful. Their integration of advanced technology helps streamline the planning process, allowing for real-time updates and detailed tracking. This focus on personalization and innovation helps employees feel valued and motivated.
2. Thomas Cook India
Thomas Cook India is known for its extensive expertise and global reach, which they use to create high-quality incentive solutions. Their travel programs are designed to offer luxurious and impactful experiences, making them a popular choice for companies aiming to reward their employees in a memorable way. Thomas Cook India’s commitment to exceptional service and attention to detail ensures a positive and lasting impact on participants.
3. Yatra
Yatra stands out with its tailored incentive programs that align closely with corporate goals. By focusing on employee engagement and providing a user-friendly platform, Yatra makes it easy to manage and execute incentive trips. Their approach results in travel experiences that are both enjoyable and effective, contributing to increased motivation and satisfaction among employees.
4. SOTC Travel
SOTC Travel specializes in creating incentive experiences that are both unique and rewarding. With their extensive knowledge of global destinations and expertise in custom travel programs, SOTC Travel offers options that cater to various corporate needs. Their well-crafted incentives help foster team spirit and appreciation, making them a reliable partner for companies looking to enhance their reward programs.
30, Jul 2024
Indian Consumers Opt for Larger Washing Machines for Greater Convenience: Samsung India
Bengaluru/Gurgram/Nagpur, India – 30 July 2024: Samsung, India’s largest consumer electronics brand, today said that consumers are gravitating towards larger washing machines, driven by convenience and superior wash performance.
A larger drum size for the washing machine provides better wash quality while allowing users to wash more clothes per load, eventually reducing the frequency of washing machine usage – making it time and energy-efficient. Bigger drum sizes in washing machines allow more space for the movement of clothes, thus leading to better-cleaned and untangled clothes, Samsung India said.
Larger washing machines are also particularly helpful in washing essential home items like bedsheets, curtains, and saris which are common in Indian households. As Indian consumers continue to prioritize convenience and efficiency, the demand for bigger washing machines is expected to rise even further, according to Samsung India.
The consumer trend resonates with the latest industry data, which shows that sales of front-load washing machines with 9Kg and above capacities have grown by 45% so far this year, while the 7Kg and below front-load washing machine category has witnessed a fall of 26% during the same period.
According to a consumer dipstick survey done by Samsung India, some users ensure the laundry drum is always full, optimizing its use and minimizing energy consumption, while some users tend to run a second wash cycle with just a few clothes, which can lead to water wastage. Further, the survey revealed that Indian households prefer washing almost everything at home, from bed sheets to tablemats and cushion covers.
The shift towards bigger washing machines also marks the growing awareness for sustainability and energy efficiency among Indian consumers, Samsung India said.
Samsung India has a wide range of washing machines in its portfolio with bigger capacities to cater to the rising consumer demand.
30, Jul 2024
Izzhaar Sets Records with Historic Wedding Invitations
Amidst the whirlwind of India’s vibrant wedding season, there emerged a tale of unprecedented creativity and efficiency. In the history of the wedding industry, Izzhaar set a new standard in efficiency and quality by designing a record-breaking 71,600 Wedding Invitations within a groundbreaking 16-day timeframe.
71,600 Wedding Invitations in 16 Days
A record-breaking 71,600 wedding invitations, each a masterpiece in its own right, crafted within a mere 16 days. In this extraordinary journey of craftsmanship excellence, Izzhaar has made history, being honored with a World Book of Records recognition for their outstanding achievements.
Crafting Excellence: A Record-Breaking Achievement
In a landmark accomplishment, Izzhaar embarked on a journey to fulfill a monumental order from esteemed patron, Shri Umashankar Singh, the well-known politician in Uttar Pradesh, India. With a staggering 71,600 wedding invites for his son’s wedding in Uttar Pradesh, India, Izzhaar embraced the challenge with unwavering determination.
From Concept to Creation: The Izzhaar Magic Unfolds
In a whirlwind of creativity and dedication, the team transformed vision into reality, crafting 71,600 invitation cards adorned with four distinct designs. From the first meeting on December 25, 2023, to the final delivery on January 30, 2024, Izzhaar exemplified excellence at every step of the journey.
The Essence of Achievement: Excellence Redefined
Each Invitation card portrays Izzhaar’s commitment to innovation and artistic brilliance, showcasing unparalleled creativity and attention to details of;
- Manufacturing Precision: Upholding the highest standards of quality and precision, Izzhaar implemented advanced techniques and materials to deliver flawless masterpieces.
- Teamwork and Collaboration: Through seamless coordination and collaborative efforts, the Izzhaar team ensured the smooth execution of the project, demonstrating the power of unity and synergy.
- Laser-Cut Perfection: Izzhaar achieved unmatched elegance with laser-cut precision, elevating each invitation to a work of art.
- Continuous Perfection: With a focus on continuous learning and adaptation, Izzhaar pushed the boundaries of creativity, perfecting four distinct designs inspired by Krishna themes.
- One Themes Four Designs: Excelling beyond the paradigm, Izzhaar crafted four unique artworks by manufacturing the breathtaking ‘Dwarkadheesh Vivah Mahal’ and Krishna Mandap Invite, along with two other magnificent Invites of the same theme.
- Efficiency Personified: Delivering Excellence On Time
Driven by a commitment to excellence, Izzhaar emphasized efficient and timely deliverance, exceeding expectations and setting new standards of performance while embracing tradition and inspiring innovation. With one theme, four designs were brought to life by Izzhaar’s versatile creative team, blending tradition and modernity to infuse each masterpiece with timeless elegance and charm.
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“Izzhaar’s dedication and creativity surpassed all expectations. The invitations they crafted for my son’s wedding were first-of-its-kind Invitations, beautifully reflecting the essence of our idea of traditional invite with a modern twist. We are truly impressed by their exceptional craftsmanship and dedication. All thanks to Izzhaar and team.” – Shri Umashankar Singh
30, Jul 2024
Standard Chartered Bank and Museum of Solutions Partner to Launch Futuremakers Programme
30 July 2024, India – Standard Chartered Bank and Museum of Solutions, the unique children’s museum in Mumbai, have signed an agreement to jointly incubate the Futuremakers programme by enabling 100 city-based children from Brihanmumbai Municipal Corporation (BMC) schools to create a prototype of sustainable solutions for real world problems. Standard Chartered Bank, with a presence of over 165 years in India, and Museum of Solutions have roped in Teach for India as their support partner for this programme.
Through this joint programme, Museum of Solutions will conduct extensive workshops and training sessions to enable a group of 100 school children to explore skills such as critical thinking, problem solving, collaboration and leadership, which are essential to create a
workforce necessary for dealing with the challenges of the future. These children will develop, build, and prototype new ideas to solve future challenges, while promoting a meaningful change within the community. It will aim to deliver two sets of focused skills to these students.
1. The first set of skills-sets will focus on Hydroponics, Composting & Kitchen Gardening, Automation, Fabric work and Hand prototyping.
2. The second set of skills imparted to the children will include Making a business plan, developing a campaign etc.
For the first cohort of the programme, which has commenced, the Museum of Solutions selected 50 students from Karamveer School, Sion, Anand Nagar Municipal School, Chembur, and Worli Sea Face Municipal School, Prabhadevi. The first cohort of prototype solutions for real-world problems, like water-related challenges, developments associated with sustainable food, and skill building sessions such as robotics, hand prototyping, and laser cutting design will be presented to industry leaders and investors in December 2024, and the second cohort of prototypes will be presented in March 2025.
Additionally, under this programme, the Bank will fund the visits of more than 15,000 Mumbai’s municipality school students to the Museum of Solutions during this academic year.
The Standard Chartered Bank and Museum of Solutions will jointly collaborate with BMC Education Department to ensure equitable access to the Museum for children from Municipality schools across Mumbai and Navi Mumbai.
According to Karuna Bhatia, Head Sustainability, Standard Chartered Bank and Global Business Services, India, “The Bank’s Futuremakers programme embodies its’ commitment to creating a brighter tomorrow for communities worldwide through strategic partnerships and investments in education and entrepreneurship, and a focus on sustainable development goals.
Futuremakers by Standard Chartered empowers disadvantaged students by providing quality education and training opportunities to boost their technical, and soft skills. This specific programme will enable the BMC school children to gain a critical understanding of global and local issues surrounding sustainability. Based on this empowered knowledge, these children will ideate to create sustainable solutions for real world social and environmental problems. We are providing these children access to industry experts and structured knowledge to develop solution-building orientation in these children.”According to Abhik Bhattacherji, Head Marketing, Museum of Solutions, “At MuSo, we aim to create a space for children to build knowledge and skills that can be applied in real-life situations to solve problems and drive positive change. The Futuremakers program will offer school children a platform to gain a deeper understanding of environmental and social issues, focusing on fostering a curiosity-driven and solution-oriented mindset. This program will enable children to comprehend key issues related to sustainable development and encourage them to create solutions that lead to a sustainable and more equitable future.”
Mumbai is home to about 2 million children from diverse backgrounds. The city has a wide network of primary, secondary, and higher secondary schools with over 1200 BMC run schools and about 300 private schools. Futuremakers by Standard Chartered Bank is a global youth economic empowerment initiative, tackling inequality and promoting greater economic inclusion. Futuremakers supports
disadvantaged young people aged 35 or below, to learn new skills. Focusing on three pillars – Education, Employability and Entrepreneurship – Futuremakers aims to help the next generation learn, earn, and grow.
30, Jul 2024
Seeds Fincap Secures Dollar4.5M DFI from responsAbility Investments AG
Gurugram, Monday, 30th July 2024: Seeds Fincap Private Limited is excited to announce another significant milestone: the successful raising of over $4.5 million in its first Development Financial Institution (DFI) through Non-Convertible Debentures. This pivotal investment was led by responsAbility Investments AG (“responsAbility fund”), a globally recognized impact investor.
This announcement comes just after Seeds Fincap celebrated the successful completion of Series A funding round. The back-to-back achievements underscore the company’s robust growth trajectory and its unwavering commitment to financial inclusion.
Mr. Subhash Chandra Acharya, MD & CEO of Seeds Fincap Pvt Ltd, expressed his enthusiasm, stating, “This funding is more than just capital; it’s a catalyst for transformation. We are excited to harness this support to revolutionize financial accessibility across the nation and drive meaningful change.”
Co-founder Mr. Avishek Sarkar added, ” With this funding, we are poised to pioneer new frontiers in financial solutions. Our ability to secure substantial investments from prominent investors validates our mission and strengthens our resolve to reach deeper into communities that need it the most.”
Nidhi Nathani, a representative from responsAbility Investments AG, shared, “We are happy to support Seeds Fincap, which meets our financial inclusion impact theme. Our funding will help them to support MSMEs who have limited access to finance.”
This infusion of capital marks a significant step in Seeds Fincap’s mission to empower dreams and drive financial inclusion across India. It comes at a pivotal time as Seeds Fincap recently celebrated the opening of its 100th branch in Vrindavan, a milestone that underscores the company’s rapid growth and unwavering commitment to expanding its footprint.
Celebrating Our 100th Branch: A Milestone of Growth and Impact
The inauguration of the 100th branch in Vrindavan is more than just a number; it symbolizes the extensive reach and robust infrastructure Seeds Fincap has developed over the years. This achievement highlights the company’s dedication to bringing financial services closer to underserved communities, ensuring that financial empowerment is accessible to all.
Mr. Acharya remarked, “Opening our 100th branch is a testament to the trust our clients place in us and the relentless efforts of our team. Each branch represents a beacon of hope and opportunity for countless MSMEs across India.”
As Seeds Fincap sets its sights on broader horizons, it stands poised to deepen its reach across India, extending its services to underserved markets and solidifying its position as a catalyst for economic empowerment. With strategic alliances with prominent financial institutions, the company is well-positioned to offer a comprehensive suite of financial products and services, enriching its value proposition for clients while amplifying its impact on the MSME ecosystem.
30, Jul 2024
Saya Group Unveils New Brand Identity to Reflect Ultra-Luxury Vision
New Delhi, 30 July 2024 – Saya Group, a leader in luxury real estate, is proud to unveil its new brand identity, marking a significant shift towards ultra-luxury. This rebranding underscores Saya Group’s commitment to pushing the boundaries of innovation and excellence.
The revamped brand design features sleek, modern lines with a prominent focus on the letter ‘A,’ symbolizing stability, growth, and a forward-thinking approach. The vibrant color palette of blue, orange, yellow, and red represents trust, success, optimism, and luxury, setting Saya Group apart as it transitions from a premium to an ultra-luxury market position.
Mr. Vikas Bhasin, Chairman & Managing Director of Saya Group, stated, “Our new brand identity is more than just a visual update; it embodies our shift towards ultra-luxury while staying true to our core values of trust, sustainability, quality, transparency, and innovation. This refreshed identity represents our commitment to redefining luxury real estate, resonating with our discerning clientele, and adapting to the evolving market landscape. We are excited to continue our mission of crafting extraordinary premium living and commercial spaces that not only meet but exceed our customers’ expectations, while making a positive impact on the communities we serve.”
Saya Group remains dedicated to maintaining the highest standards of quality and transparency, securing prime locations for innovative projects, and reinforcing its position as a market leader in ultra-luxury real estate.
30, Jul 2024
Baird Medical Announces Engagement and Education Program for the Development of Thyroid Microwave Ablation Technology
Frisco, Texas – July 31, 2024 – Baird Medical Devices, Inc. (“Baird Medical”), a leading developer and provider of microwave ablation (“MWA”) medical devices in China and the United States, today announced a cross-market engagement and education program designed at fostering both knowledge and awareness of thyroid Microwave Ablation Technology. Baird Medical both hosts and participates in a range of programs over the course of the year to facilitate the safe development of the industry.
It is critically important to understand what makes MWA a preferred choice to radio frequency ablation as a procedure. There are numerous benefits for both patient and physician addressing both safety and aesthetic appearance. However, awareness of the key differences and the implementation of the procedure are still relatively low. This has led to Baird Medical developing a unique program of engagement and education about this new therapy.
“Regardless of where we develop our business, fostering meaningful relationships that contribute to industry excellence in microwave ablation is where we want to be,” said Ms. Haimei Wu, Founder and CEO of Baird Medical. “We are delighted to play a role in convening leading medical experts to drive meaningful progress in addressing any misconceptions as well as ensuring safe and efficient use of this innovative medical technology.”
Baird Medical hosts the third Global Thyroid Microwave Ablation Technology Exchange Conference
On July 25th, Baird Medical hosted the third Global Thyroid Microwave Ablation Technology Exchange Conference. This event drew together distinguished industry experts from both the United States and China to share their knowledge and experience during the event. From China, several luminaries gave talks including Dr. Xiaoqing Pei from the Sun Yat-sen University Cancer Center; Dr. Chenfang Zhu from The Ninth People’s Hospital affiliated to Shanghai Jiaotong University School of Medicine; and, Dr. Yunjun Wang from Fudan University Shanghai Cancer Center.
Numerous esteemed experts from the United States also joined the conference and participated in the dialogue, including Dr. Alireza Falahati from Utah Endocrinology Associates; Dr. Jennifer Hong Kuo from Columbia University Irving Medical Center; Dr. Toni Beninato from Rutgers Cancer Institute; Dr. Kepal N. Patel from NYU Langone Hospitals; Dr. Iheoma Nwaogu from El Camino Health – Mountain View Hospital; Dr. Gary G. Tse from UCLA Radiology Medical Group; Dr. Melanie Goldfarb from Providence Saint John’s Health Center; Dr. Gregory W. Randolph from Harvard Medical School; Dr. Stephanie L. Lee from Boston Medical Center; Dr. Jagdish. K. Dhingra from BethIsrael Deaconess Medical Center; Dr. Julia E. Noel from Sandford Medicine; and, Dr. Ashok R. Shaha from Memorial Sloan Ketterinc Cancer Center.
The comprehensive educational exchange delved into various aspects of managing thyroid growth, addressing a range of topics from application and preparation to technical modifications and essentials for safe and effective microwave ablation of benign thyroid nodules. The conference also showcased hands-on procedures and techniques for safe and effective ablation work.
Baird Medical joins Greater Bay Area Medical Device Conference & 61st Medical Device Consumables Resource Expo in China
On June 26th, Baird Medical’s General Manager, Mr. Hou Wei, joined the Greater Bay Area Medical Device Conference & 61st Medical Device Consumables Resource Expo in Guangzhou, China. The event brought together a diverse group of experts and professionals from China’s medical device and healthcare sectors.
During the conference, Mr. Hou gave an informative presentation on Microwave Ablation Technology. He specifically highlighted the technology’s use in thyroid treatments and discussed the significant role it can play in shaping the future of healthcare in China.
Baird Medical is headquartered in Guangzhou, a major city in Southern China which sits at the apex of China’s Greater Bay Area, an area encompassing several cities and hubs across Guangdong province, Macao and Hong Kong that are critical to China’s future growth strategy in innovation.
