Category Archives: Business

Fujirebio Launches the Fully Automated Lumipulse G GFAP Assay for Research Use Only and Further Strengthens its Neuro Test Menu

July 29, 2024,Gent, Belgium & TOKYO, Japan & MALVERN, Pa., United States : H.U. Group Holdings Inc. and its wholly-owned subsidiary Fujirebio today announced the availability of the Lumipulse G GFAP assay for the fully automated, random-access LUMIPULSE® G immunoassay systems. The Research Use Only (RUO) assay is now available in the United States, and it will be available in Japan, Europe and other regions* as of September this year. The Chemiluminescent Enzyme Immunoassay (CLEIA) test allows for the quantitative measurement of glial fibrillary acidic protein (GFAP) in human plasma and serum in just 35 minutes.

“In 2023 we already introduced two new important neuro assays for RUO-based detection of Neurofilament Light (NfL) and pTau 217,” said Goki Ishikawa, President and CEO of Fujirebio Holdings, Inc. “We continue our engagement in biomarker-based testing for neurological diseases with the Lumipulse G GFAP, affirming our commitment to play an essential partnering role in both research and clinical routine.”

The Lumipulse G GFAP assay will allow the scientific community and clinical research professionals to further study and understand the potential clinical utility of this promising astrocytic biomarker for neurological conditions such as multiple sclerosis, Alzheimer’s disease, Parkinson’s disease, and brain-related acute traumatic injuries or stroke.1

With the fully automated random-access LUMIPULSE G platform, professionals will be able to measure GFAP in a user-friendly and reliable way. This standardized immunoassay platform is already widely available in labs for routine and research testing of neurological disease-related biomarkers. The new assay meets the necessary quality, throughput, and regulatory requirements to support potential routine testing of GFAP in combination with other tests from the Fujirebio neuro biomarker menu.

Moravian Church Settlements Across Four Countries Inscribed on the UNESCO World Heritage List

July 29, 2024,New Delhi, Delhi, India : Today, J. William Reynolds, Mayor of the City of Bethlehem, and Chair of the Bethlehem World Heritage Commission — speaking on behalf of all four historic Moravian communities — announced that Moravian Church Settlements has been inscribed on the prestigious World Heritage List at the World Heritage Committee meeting in New Delhi, India, July 21-31, 2024.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240726407698/en/

Moravian Church Settlements Delegation at the World Heritage Committee meeting. Pictured here (from left) are Jean Manes, U.S. Deputy Representative to UNESCO; Moravian University President Bryon L. Grigsby; Bethlehem Mayor J. William Reynolds; Johnathan Putnam, Acting Chief, Office of International Affairs National Park Service; Rt. Rev. Chris Giesler; Mr. Clemens, Saxon State Minister of the Chancellery (Photo: Business Wire)
Moravian Church Settlements Delegation at the World Heritage Committee meeting. Pictured here (from left) are Jean Manes, U.S. Deputy Representative to UNESCO; Moravian University President Bryon L. Grigsby; Bethlehem Mayor J. William Reynolds; Johnathan Putnam, Acting Chief, Office of International Affairs National Park Service; Rt. Rev. Chris Giesler; Mr. Clemens, Saxon State Minister of the Chancellery (Photo: Business Wire)

The historic Moravian Church Settlements of Bethlehem, Pennsylvania/USA; Gracehill, Northern Ireland/UK; and Herrnhut, Germany now join Christiansfeld, Denmark (already inscribed in 2015) as a single World Heritage site that represents the outstanding universal value of these historic settlements and the worldwide influence of the Moravian Church.

“We would like to express our appreciation to our respective governments of the United States, Denmark, Germany, and Northern Ireland/UK for their efforts on behalf of Moravian Church Settlements,” said Mayor Reynolds.

More information can be found on moravianchurchsettlements.org, launching today.

Moravian Church Settlements is a transnational extension of Christiansfeld, a Moravian Church Settlement in Denmark founded in 1773 and inscribed on the World Heritage List in 2015. The Moravian Church is a Protestant denomination in the free church tradition centered in Herrnhut, Saxony, Germany. The extension includes three additional component parts:

Bethlehem (USA) was established in the Commonwealth of Pennsylvania in 1741. This highlights the early transatlantic dimension of the Moravian Church phenomenon during a prolific settlement-building decade and added the cultural dimension of the Moravians’ outreach to Native Americans.

Gracehill (UK) was founded in Northern Ireland in 1759. It represents the significance of the Moravian Church in the UK and exemplifies a unique series of ‘ideal’ urban plans that demonstrate a notable gender axis. This is showcased by the division of the town plan into a sisters’ side and a brothers’ side, which directly reflects the fundamental functional structure of Moravian society.

Herrnhut (Germany) is considered the ‘mother’ or ‘founding town’ of the Renewed Moravian Church. It was established in 1722 in Saxony and evolved in line with the development of Moravian theology and societal ideals. This town defined the principles of all Moravian Church settlements.

Signify Illuminates 60+ Tribal Villages in Parvathipuram Manyam, Andhra Pradesh, Touching Over 17,000 Lives

29th July 2024  Andhra Pradesh, India Signify the world leader in lighting, has illuminated 61 tribal and marginal villages in Parvathipuram Manyam district, Andhra Pradesh, with energy-efficient LED street lighting to enhance the safety of local citizens. The project was executed in partnership with a grassroots NGO, Jana Kalyana Samakhya as part of the company’s ‘Har Gaon Roshan’ CSR program, which focuses on sustainable rural development and women’s safety across India.

The project is contributing to enhancing the safety and security of the local community, allowing them to conduct regular meetings to discuss their issues. The illuminated streets have reduced the risk of human-wildlife conflict cases, providing more time for economic & livelihood activities, allowing children to do more outdoor activities, and enhancing women’s safety.

The initiative has brought about a favorable transformation for more than 16,500 villagers and over 3,900 households with over 700 high-quality energy-efficient outdoor streetlights.

Commenting on the project, Nikhil Gupta, Head of Marketing, Strategy, Govt. Affairs & CSR – Signify, Greater India said, “Our CSR strategy and initiatives resonate with our brand purpose which is to unlock the extraordinary potential of light for brighter lives and a better world. We are strongly committed to our CSR initiatives and our vision for developing underprivileged diverse communities. We are proud to have partnered with Jana Kalyana Samakhya on this project, helping improve lives in the tribal villages of Andhra Pradesh.”

“Working with Signify aligns with our greater goals and together we have impacted the lives of people living in these tribal villages, providing them with access to clean and energy-efficient street lighting solutions. We appreciate Signify’s efforts towards enhancing the safety of the local people,” said Mr. Nidhil Varghese, CEO Jana Kalyana Samakhya.

This project is set to leverage technology and innovation for isolated communities by providing essential services such as lighting solutions to brighten the path to a brighter future.

Charitable Foundation ‘Amogh’ to Organize Musical Event Sur Samvaad in Bengaluru to Raise Awareness on Autism During World Autism Month

29th July 2024  Bengaluru, Karnataka, India  Amogh, a charitable foundation empowering young adults with special needs, is organizing ‘Sur Samvaad’- a musical evening to commemorate World Autism Month. The event will take place from 4 PM onwards on April 19, 2024, Friday, at the Bangalore International Centre in Domlur, Bengaluru. The event will begin with an awareness interaction on Autism Spectrum led by Ms. Hema Jayaram, Co-founder, WeCAN- Autism Center. Classical singer Smt. Kruthi Vittal will be performing an immersive music concert, accompanied by Shri. Vittal Rangan on the violin and Shri. B S Prashanth on the mridangam. Those interested in attending the event can book their seats by visiting amoghtrust.com/event/autism-awareness-month/.

‘Sur Samvaad’ is set to attract music enthusiasts from across the city. Smt. Kruthi Vittal, who has showcased her exceptional talent in Indian Classical music on esteemed stages worldwide, will take center stage at the concert. Shri. Vittal Rangan, an acclaimed violinist with a decade-long music career will be on the violin and Shri. B S Prashanth, who has performed with renowned artists in musical concerts, will be on the mridangam.

This event is organized by Amogh, a charitable foundation aiming to provide appropriate support to different segments of society, especially in areas of dignified living, life skills, and work skills acquisition. World Autism Month focuses on increased understanding and acceptance of people with autism by fostering worldwide support and highlighting the contributions of individuals with autism. Amogh is marking this occasion by raising awareness on the importance of empowering people with autism.

Amogh was founded in 2012 by Ms. Jayashree Vaitheeswaran, Ms. Akhila Krishnamurthy, and Mr. Krishnamurthy M A.

Established as a result of the founders’ deep commitment to empowering people with special needs, Amogh strives to provide an enabling environment to different segments with the goal of helping them fulfill their aspirations.

Speaking on the occasion, Ms. Jayashree Vaitheeswaran, Co-Founder & Managing Trustee, Amogh said, “Amogh is built on the premise that every human being dreams of a meaningful life and aspires for an environment that encourages each one to pursue one’s personal vision, gain appreciation, and achieve recognition. With Amogh, every day is new, and every day is an enriching experience. Since its inception, Amogh has come a long way in enabling a positive environment for people with special needs and we are committed to pursuing our mission with the same passion in the years to come. We are delighted to be organizing ‘Sur Samvaad’- an evening combining awareness on Autism and a grand musical concert.”

TVS Motor Company Wins Top Honours in 7 Out of 10 Categories in the J.D. Power 2024 India Two-wheeler IQS and APEAL Studies

29th July 2024  Bengaluru, Karnataka, India  TVS Motor Company (TVSM) – a leading global automaker that operates in the two and three-wheeler segments – is proud to announce its achievements in the J.D. Power 2024 India Two-Wheeler Initial Quality Study. The study results underscore TVSM’s commitment to delivering exceptional product quality.

K N Radhakrishnan, Director & CEO, TVS Motor Company, said, “Securing the top position across multiple product segments demonstrates the customer’s confidence in our products. Ownership experience, product quality, cutting edge technology, aesthetics and appeal leading to customer delight are subjects of immense focus for us. My sincere appreciation for our dealer partners for the efforts they put in on a daily basis. My congratulations and thanks to the TVS Motor team and our supplier partners. Above all, we remain indebted to our customers for their trust and encouragement.”

India IQS Awards

In the Two-Wheeler Initial Quality Study (IQS), which evaluates the quality of two-wheelers within the first six months of ownership, several models from the company have emerged as top-performers.

• TVS Jupiter 125 is the #1 Executive Scooter in Initial Quality.
• It is also the #2 Economy Scooter in Initial Quality.
• TVS Radeon is the #1 Economy Motorcycle in Initial Quality.
• TVS Apache RTR 160 2V is the #1 Premium Motorcycle in Initial Quality.
• TVS Raider is the #2 Executive Motorcycle in Initial Quality.

India APEAL Awards

The company’s commitment to innovation and excellence is also demonstrated through its outstanding performance in the J.D. Power 2024 India Two-Wheeler APEAL Study, earning four out of the five awards presented.

• TVS Jupiter is the most Appealing Economy Scooter.
• TVS Radeon is the most Appealing Economy Motorcycle.
• TVS Raider is the most Appealing Executive Motorcycle.
• TVS Apache RTR 2V is the most Appealing Premium Motorcycle.
• TVS NTORQ is the second most Appealing Executive Scooter.

TVS Motor has established itself as an industry leader, with its products capturing four out of five segment awards. It is now the world’s third most valued company by market cap and the world’s fourth largest two-wheeler and three-wheeler manufacturer.

J.D. Power is a global leader in consumer insights, AI-driven analytics, and advisory services. J.D. Power has been delivering incisive industry intelligence on customer interactions with brands and products for more than 50 years. The world’s leading businesses across major industries rely on J.D. Power to guide their customer-facing strategies. J.D. Power has offices in North America, Europe and Asia Pacific. With the latest results, TVS Motor Company has now secured 7 J.D. Power model awards further demonstrating its reputation in the industry.

Global Food & Beverage Industry Leader Sunil Pande Joins Convergent Finance LLP as an Operating Partner

29th July 2024  Mumbai, Maharashtra, India  Convergent Finance LLP announces the appointment of Sunil Pande as an Operating Partner. Sunil is a global business leader with over 20 years of experience in Food & Beverage and Retail industries across the US, China, India, Middle East, and Latin America. He was previously part of senior leadership teams at top Food, Beverage, Retail, and CPG companies like Tyson Foods, Walmart and The Wonderful Company where he led Business Transformation, New Market Development and Growth Strategies. Most recently, Sunil served as a Strategic Advisor and Operating Partner with a US-based private equity group focused on the Consumer and Retail sectors.

Sunil has also managed and advised multi-billion dollar businesses on growth and investment initiatives working with Private Equity funds, Investment Banks, and Strategy Consulting firms. At Convergent, Sunil will help identify global investment opportunities to further build our Food and Beverage investment portfolio.

Harsha Raghavan, Managing Partner at Convergent, stated, “We are excited to welcome Sunil Pande as Operating Partner. We see tremendous opportunities to consolidate and create a platform play in the Food and Beverage industry across India and the Middle East. We look forward to leveraging Sunil’s experience in operating, scaling, and turning around businesses in this space.”

Sunil Pande commented, “Harsha Raghavan and the Convergent team have created a unique blend of Investing and Operating platform with world-class expertise that aligns very well with my outlook. Convergent’s focus on long-term value creation to drive sustainable growth and active operational involvement with their portfolio companies has built a solid foundation for their continued success. I look forward to collaborating with the Convergent team to identify and invest in relevant and strategic business opportunities across Food & Beverage, Consumer and Retail sectors and then working with the portfolio companies Management Teams’ to improve and grow their businesses.”

RAILOFY Launches Hassle-Free Train Live Running Status on WhatsApp

29th July 2024  Mumbai, Maharashtra, India  RAILOFY, a leading innovator in train travel solutions, is excited to announce the latest enhancement to its WhatsApp Bot: live train running status check. Through this, passengers can now check the live status of their train directly through RAILOFY’s WhatsApp Bot, without the hassle of visiting other sites.

Imagine this: you’re on your way to the station, eagerly anticipating your train arrival. Instead of worrying about delays or changes, or waiting for websites to load, you simply send your PNR number to RAILOFY’s WhatsApp number 9881193322. Within seconds, you receive a friendly message back, sharing the live status of your train. It’s like having a travel companion right in your pocket, keeping you informed and reassured every step of the way.

“Our aim at RAILOFY is to provide passengers with seamless travel experiences, and the addition of train status checking to our WhatsApp Bot is a significant step in that direction,” said Hrishabh Sanghvi, Founder at RAILOFY.

In addition to checking train status, RAILOFY’s WhatsApp Bot offers a range of other essential services, from ordering delicious meals to booking tickets and more. RAILOFY’s WhatsApp Bot is a one-stop companion for all railway travel needs. This comprehensive suite of features saves time, reduces hassle, and ensures a smooth travel experience for passengers.

RAILOFY’s commitment to making train travel seamless extends beyond their WhatsApp Bot. The recent launch of Confirm Travel Guarantee, a warranty service that assists users in converting their waitlisted or RAC tickets to confirmed, provides peace of mind and eliminates the uncertainty of travel plans.

Bureau Introduces ‘Money Mule Score’ to Tackle Rising Identity Theft in the BFSI Segment

29th July 2024  Mumbai, Maharashtra, India  Bureau, a pioneering fraud and identity decisioning platform, has introduced ‘Money Mule Score,’ a cutting-edge solution that empowers financial institutions, NBFCs, and fintech companies to proactively detect potential money mules during user onboarding. The solution provides a holistic risk assessment, which goes beyond traditional KYC processes to detect and prevent mule accounts, thereby protecting businesses and their customers.

Money mule fraud has become a critical threat to global financial security. As per NASDAQ’s Global Financial Crime Report 2024, among anti-financial crime professionals surveyed, 47% listed money mule activity as a major concern, placing it second only to real-time payment fraud. The traditional KYC-AML processes prove ineffective, as they are static, creating gaps that sophisticated criminals can exploit.

Money Mule Score is built on the Bureau’s proprietary Link Analysis that utilizes advanced machine learning and analytics to assess users’ risk indicators, beyond the traditional KYC process. It incorporates the Bureau’s extensive domain expertise across email, phone, social media, and device intelligence which analyses users’ legitimacy through device fingerprints, behavioral patterns, and historical data, and flagging potential high-risk users right at the onboarding stage. The solution integrates seamlessly into companies’ existing onboarding processes, ensuring a smooth experience for legitimate users.

Ranjan R Reddy, Founder & CEO, Bureau – “Fraud, and online financial crime is a growing menace in India, which puts trust between digital platforms, their customers, and regulators in jeopardy. Money mule accounts and activity is the fastest growing fraud trend, and Bureau is uniquely placed to help with our proprietary technology, data, and insights. Our money mule score identifies potential mule accounts in real-time at onboarding, as well as detect existing accounts and activity that are suspicious. We have seen great success in deploying industry specific machine learning models, and link analysis that have led to detecting over 500k mule accounts, protecting over $100m of financial activity.”

“Bureau’s Money mule score is a significant step towards eliminating cyber fraud, and enabling safe and secure financial access.”

Bureau’s partnership with a leading Indian bank for the deployment of Money Mule Score led to a 60% uplift in money mule detection as compared to the bank’s existing KYC process. These early mule detections enabled the bank to prevent potential fraud losses of over $43 million within the first six months of using the solution.

With this success, Bureau has officially launched a solution for companies across the spectrum of digital banking, to detect and block potential money mules before they can cause damage. Financial services providers are encouraged to contact Bureau for a demo to learn how Money Mule Score can bolster their fraud prevention strategies.