Category Archives: Business

Tiger Cup 2024 by Cycle Pure Agarbathi Returns for its 12th Edition

29th July 2024  Bengaluru, Karnataka, India  Cycle Pure Agarbathi is set to host the 12th edition of the Tiger Cup 2024, taking place from April 22 to May 13 in Bengaluru. This cricket tournament, catering to under-12, under-14, and under-16 categories, will be held across four venues: Global Academy of Technology in Rajarajeshwari Nagar, JSS Academy of Technical Education in Channasandra, Sattva Global City in Pattanagere, and B K Grounds in Bommasandra. Teams from Hubli, Mysore, and Kerala will participate, to nurture young cricketing talent and promote the sport in the region. Many budding cricketers who have participated in the Tiger Cup Tournament over the years have represented Karnataka U14, U16 and U19 tournaments.

Created by renowned cricket players, Sandeep Patil, Harbhajan Singh and Yusuf Pathan, the Tiger Cup Tournament is one of the most coveted events that brings 56 talented teams together, including over 900 players from all around India. The 12th edition of the Tiger Cup 2024 will be dedicated to raising awareness on the importance of conserving wildlife, with the proceeds of the event donated towards forest foot soldiers for their commendable service in protecting the forests and wildlife in the country.

Held annually, the event will not only commemorate and celebrate the talents of young players, but through the partnership with Cycle Pure Agarbathi, will also facilitate forest staff. 2 forest staff from Karnataka, 1 from Kerala, and 1 from Tamil Nadu will receive Rs. 1 lakh cash prize each, for their endless commitment to wildlife.

Speaking on the occasion, Mr. Arjun Ranga, Managing Director of Cycle Pure Agarbathi says, “Cycle Pure Agarbathi is proud to play a pivotal role at the 12th edition of the Tiger Cup 2024, affirming our steadfast commitment to fostering opportunities for budding sports enthusiasts. Our main objective is to emphasise the role sports plays in shaping the lives of young talents. In alignment with our dedication towards environmental conservation, this year’s cricket tournament will provide a special platform, where we pay tribute to the invaluable forest foot soldiers for their service in protecting forests.”

Cricket Expert, Mr Joseph Hoover said, “The Tiger Cup 2024 is a celebration of all the budding talents. Having covered national and international cricket, it was a delight to watch the youth participate and showcase their talents and work on their aspirations to make their dreams come true. We have a promising pool of talent and wish them all the best for their future. It was an enjoyable experience to watch young talents participate and display their skills to the best of their abilities.”

The legacy brand Cycle Pure Agarbathi is committed in its stance to providing a platform for young talents to discover and compete in one of the largely celebrated sports around India. Cycle Pure Agarbathi has supported multiple formats of cricket tournaments throughout the years, and are delighted to have partnered with the 12th edition of the Tiger Cup 2024, to highlight aspiring talents, thanking the KSCA, especially Shri. Brijesh Patel, for their endless support throughout the tournament and ensuring its smooth running.

Brixton Motorcycles Accelerates Into India with Strategic Expansion and New Manufacturing Hub

29th July 2024  Delhi, India  Brixton Motorcycles, an emblem of Austrian heritage renowned for blending timeless design with modern technology, proudly announces its entry into the Indian market. The brand has partnered with KAW Veloce Motors Pvt. Ltd. for manufacturing and distribution, preparing to launch an exclusive range of motorcycles tailored for the Indian audience. Brixton’s move into India is fueled by a strategic vision to introduce its European elegance to the Indian riders.

After nearly two years of meticulous planning with KAW Veloce Motors, the company aims to leverage India’s significant position in the global motorcycle sphere, thereby reinforcing Brixton’s growing reputation in Europe and Southeast Asia.

The company is set to launch four distinct motorcycle models in India this year, each exemplifying Brixton’s dedication to elegance, performance, and innovation. These models are being developed at Brixton’s Austrian design center, with production centered in a new state-of-the-art facility in Kolhapur, Maharashtra, benefiting from KAW Group’s extensive manufacturing expertise.

Further elevating their collaborative efforts, Brixton and KVMPL plan to set up a research and development center in India. This initiative aims at crafting models specifically for the Indian market and marks a significant step towards establishing India as a strategic export hub to Southeast Asian and African markets.

Brixton Motorcycles also intends to build a comprehensive dealer network across major Indian cities. The plan includes launching 15 dealerships by the end of 2024 and expanding to 50 by the following year, ensuring accessibility and convenience for customers nationwide.

Mr. Tushar Shelke, Managing Director at KVMPL, expressed his excitement about the launch, hinting at more thrilling developments to come. “We are thrilled to bring this esteemed brand to the Indian motorcycling community,” said Shelke. “With the launch confirmed, stay tuned for more exciting news soon! As Brixton Motorcycles gears up for a dynamic future in India, it promises not only to meet but exceed expectations, setting new benchmarks in the motorcycle industry with a commitment to excellence and innovation.”

The brand’s entry is distinguished by a focus on catering to a diverse range of consumers—from novices to veteran riders seeking premium experiences. This approach is complemented by an upcoming ADV motorcycle global launch, positioning Brixton to uniquely appeal to Indian motorcycling enthusiasts. To engage with Indian consumers effectively, Brixton will initiate an extensive marketing campaign leading up to a festive brand launch in 2024.

Nyun AI Launches Nyun Zero to Revolutionize AI Model Efficiency

29th July 2024 Bengaluru, Karnataka, India  In an era where artificial intelligence (AI) is evolving at an unprecedented rate, the cost and resource demand for developing and deploying highly sophisticated AI models remain a significant barrier. Addressing this challenge, Nyun AI, a pioneering tech startup founded in 2022, backed by TEXMiN IIT(ISM) and Tenity Singapore, has introduced Nyun Zero-a state-of-the-art web app and SDK designed to streamline the development of deep learning models while dramatically reducing associated costs and latencies.

A Seamless Integration for Enhanced Model Efficiency
Nyun Zero is engineered to connect effortlessly with a user’s existing infrastructure, whether it be AWS, Google Cloud Platform, or local systems, thus prioritizing data privacy. This innovative tool harnesses advanced scientific algorithms like network pruning, quantization, distillation, and low-rank approximations. These technologies are renowned for their ability to compress deep models of traditional CNNs to the latest large language models (LLMs)-reducing compute requirements by up to 90%. This not only leads to significant cost savings due to decreased hardware needs but also ensures faster and more efficient task-specific models.

The Technology Behind Nyun Zero
The platform supports a vast array of models readily available on hubs like Hugging Face and GitHub, thanks to its compatibility with various model architectures. Nyun Zero incorporates several in-house and academically derived methods for efficient training and compression of models. Training methods like LoRA, SSF, GLoRA, and QLoRA, alongside compression techniques such as pruning and quantization, are part of the robust toolkit Nyun Zero offers. This toolkit allows models to be directly exported and optimized for the hardware of choice, be it GPUs, edge devices, or CPUs.

Addressing Core Industry Challenges
Prakhar Joshi, the CEO of Nyun AI, highlights the timely intervention of Nyun Zero in the market, “While generative AI continues to fascinate and expand, its practical applications have been hindered by hallucinations, high operational costs and significant latencies. Nyun Zero is crafted to mitigate these issues effectively, enabling fine-tuning of large models on industry-specific data which preserves model intelligence and reduces operational inefficiencies.”

This tool is particularly beneficial for organizations struggling with the deployment of AI models due to the high costs of computation and the latency in model training and inference phases. By enabling data-aware model compression, Nyun Zero ensures that AI implementations are not only feasible but also economically and operationally efficient.

Practical Benefits and Industry Application
Nyun Zero’s benefits extend beyond just cost and time savings. It empowers data science and machine learning teams to deploy models that are not only efficient but also robust and scalable. By reducing the model size and computation needs, teams can deploy AI solutions on a wider range of hardware, including edge devices, enhancing the model’s applicability and accessibility.

CTO Arnav Chavan emphasizes the practicality of Nyun Zero, stating, “The AI landscape is rapidly evolving with continual research on enhancing speed and efficiency. At Nyun AI, we synthesize the latest compression techniques and integrate proven methods rapidly after publication. This allows our users to focus more on implementing and scaling their AI solutions, rather than navigating through the complexity of optimization research.”

Launch Details
Available now, Nyun Zero offers free access to the first few design partners for six months, with subsequent users encouraged to contact the sales team.

To sign up for a design partner fill out this form.

Engaging with Nyun Zero
For tech journalists and consumers eager to explore Nyun Zero, a demo is available on YouTube, and further inquiries can be directed to the founders via mail or the company’s LinkedIn page.

With Nyun Zero, Nyun AI not only upholds its mission to make AI accessible, affordable, and fast but also sets a new benchmark in the AI industry for efficiency and performance optimization, ensuring that AI technologies are within reach for developers and businesses across the globe.

Building Blocks Group: A Testament to Excellence and Empowerment

29th July 2024 Hyderabad, Telangana, India  Building Blocks Group (BBG), a pioneering name in the real estate industry, proudly announces its triumphant win as the Best Realty Brand of 2024, as adjudged by ET NOW. This prestigious recognition marks the third consecutive year that BBG has secured the top spot, solidifying its position as a leader in the real estate market.

BBG’s journey to the top is a testament to its unwavering commitment to excellence, innovation, and customer satisfaction. With a relentless dedication to delivering quality projects and unparalleled customer service, BBG has consistently set new benchmarks in the real estate sector, earning the trust and admiration of both clients and industry experts alike.

At the heart of BBG’s success is a dream – a common Indian’s dream of owning a piece of land. Working across the Indian subcontinent, BBG, a company made of Indians, by the Indians, and working for the Indians has been fulfilling this dream by driving opportunities in the area of real estate.

BBG’s success story is built on a foundation of integrity, transparency, and innovation. A group of seasoned professionals with a collective experience of over three decades lead Building Blocks Group with core values of Promise of Delivery, Transparency, Large-Scale Development, Integrity, Growth, and Excellence to deliver ‘The Land of Prosperity’ to its customers.

Mr. Mallikarun Reddy, CMD of Building Blocks Group, expressed his gratitude, stating, “We are deeply honoured to be recognized as the Best Realty Brand by ET NOW for the third consecutive year. This prestigious accolade is a testament to the hard work, dedication, and passion of our entire team. At BBG, we remain committed to revolutionizing the real estate landscape by delivering exceptional value and unmatched quality to our customers.”

BBG’s vision extends beyond real estate. The company is deeply committed to fostering a relevant, radiant future for every girl child. BBG aims to create ineradicable impressions on the lives of 2 million girls by 2040. Complying with the worldview of M K Gandhi, that business should exist as part of a healthy community to serve that community, BBG relentlessly endeavors to offer their innumerable customers apt opportunities to create safe, secure, and longstanding savings by possessing a plot of land, and hence, generate a true, long-term wealth for their families.

As BBG celebrates this remarkable achievement, it remains steadfast in its mission to elevate the standards of the real estate industry and exceed the expectations of its valued customers. With a vision for the future that is as ambitious as it is inspiring, BBG continues to lead the way toward a brighter, more prosperous tomorrow.

A full-day HR Conclave with the theme ‘Work, Employment and Industrial Relations’ held at FTCCI

Hyderabad, July 27, 2024: The HR Committee of the Federation of Telangana Chambers of Commerce and Industry (FTCCI), the 107-year-old Trade and Commerce body on Saturday organised a full-day HR Conclave at Federation House in Red Hills in the city.

The conference with the theme ‘Work, Employment and Industrial Relations’ was inaugurated by the Chief Guest Sri Chandrasekharam, Joint Commissioner of Labour, Govt. of Telangana and Guest of Honour Rajesh Khosla, CEO, AGI, Greenpac.

Addressing the 100-plus gathering, Sri Chandrasekharam, Joint Commissioner of Labour, Govt. of Telangana said things are changing, technology is changing, so also the HR Laws to keep pace with the developments.

The labour departments across the country are gearing up for the implementation of new Labour Codes in India. The four new labour codes proposed are the Code on Social Security 2020, Occupational Safety, Health and Working Conditions Code 2020, Industrial Relations Code 2020, and Code on Wages 2019. These were proposed with a motto of ease of doing business. The union government consolidated 29 central labour laws (out of 44 existing central laws) into four labour codes, he said.

The Government has to be the facilitator. We need to ensure a conducive environment. When foreign companies come to invest here, they should not get culture shock. We need to create a friendly environment, he said. The way forward to the future is maximum governance and minimum Government.

While delivering the keynote address, the guest of honour Rajesh Khosla said India is the youngest nation in the world. The mean age of India is 28 years, China 38, USA 40, Europe 45 and Japan 50. This means 70 to 80 crore population of the 140-crore population of our country is in the pipeline of employment. It is a big challenge for HR (Human Resources) to engage these youth.

The global economy is 93 trillion US $. China’s economy is 18 trillion, which constitutes 20 to 22% of the global economy. All the countries across the globe are eyeing to buy products from India as a manufacturing base is shifting to India. Is India prepared in terms of offering the quality of products, and good behaviour? We are buying the best of the best machines and processes. But where are the people to run them? he asked.

India is experiencing a very peculiar situation. On the one hand, we have a lot of unemployed people. Our youth is jobless. On the other hand, companies are crying for employees. The problem lies in the skill gap. It is the job of the HR professionals to train the unemployed youth and make them job-ready, he said.

Another big challenge which will loom large soon Rajesh Khosla said is the dependence of the workforce/labour from UP and Bihar. In the recent union budget, a lot of sops were announced for Bihar. If Bihar grows industrially because of these sops, it will generate employment for local people. And the labourers who were coming to Telangana to work will find employment in their state. This will result in a shortage of the labour force and poses a major challenge for the HR Fraternity.

Speaking of HR challenges, Rajesh Khosla said that manufacturing is shifting to India. HR needs to prepare the workforce for the same as well. The Western population is getting old and Indians are young. The Indian young population has a Western outlook. We must make employment interesting and attractive to them. Otherwise, the cream of the talent will go to the west for greener pastures.

China, after losing many companies’ manufacturing bases, is pumping a lot of money into India to create industrial unrest. It may be a politically sensitive matter, but it is the ground reality…

The African continent can throw a big challenge to India in future. It is a younger continent than India and more laborious than us. They are rich in minerals. The only drawback they have is the ecosystem. This can pose the biggest threat to the Indian economy.

The resources required in a business constitute 4 Ms: – Manpower, Money, Material and Method. Managing these 4 Ms efficiently can give you a competitive advantage. And they are under your fold, Rajesh Khosla told the HR Professionals.

Meela Sanjay, Chairperson of the HR committee of FTCCI in his introductory address said the labour codes have received the approval of both houses of the parliament as well as Hon. President’s assent. The final notification of making these codes effective is something which has been on the anvil for some time now. Now that the elections are over and the new government is in place, the implementation of the labour codes may take centre very soon.

Countries across the globe are competing to get investments, vying with each other to make doing business simpler and easier for investors by way of removing the stringent restrictions on businesses. Employees play a key role in this area.

The full-day conclave had technical sessions such as Industrial Relations Code and Occupational Safety, Health and Working Conditions Code by Sri Niranjan Rao; Salient features of EPF Act by Sri J. Srinivas, Asst P.F Commissioner; Code on Wages and Code on Social Security by Sri S.V. Ramachandra Rao, Managing Director, HR Chambers; Highlights of New Indian Criminal Laws 2024 by G.V. Subramanyam, Hon’ble Chairman (Retd.), Industrial Tribunal 1, Hyderabad and HR Technology – AI Impact and HR Analytics by Sri K.J.A. Swarup, General Manager, HR (retd), ITC Ltd.

Ravi Kumar, Senior Vice President while proposing a vote of thanks said that HR must be the first department in any business set-up and should be accorded due credit because it manages people. It is the people who make or mar any organization, he added.

New Management for Local Self-Storage Facility in Southport, North Carolina

Southport, NC, July 27, 2024 — The newly developed Long Beach Self Storage facility, located at 4724 Long Beach Road, Southport, NC 28461, is now open and proudly offering professional self-storage management services through Absolute Storage Management (Absolute). This brand new facility offers 439 units, encompassing a total of 78,625 rentable square feet. The units include both climate-controlled and non-climate-controlled options, ensuring safe and secure storage solutions for the local communities of St. James, Oak Island, and Caswell Beach.

The ownership group has engaged Absolute Storage Management to provide top-tier professional management for the facility, effective July 8, 2024. With Absolute’s expertise, Long Beach Self Storage is committed to delivering exceptional customer service and maintaining high standards of security and cleanliness.

Knowledge Chamber of Commerce & Industry with support of Ministry Of MSME hosts MSME CONVENTION 2024 in Ahmedabad

Knowledge Chamber of Commerce & Industry with the support of the Ministry Of MSME, has organized MSME CONVENTION 2024 celebrating its 6^th Annual Foundation Day in Ahmedabad.

Various government dignitaries from the MSME Department, Mr. TK Solanki Asst Director MSME DI, GovtOf India, SDBI, SBI, and others along with KCCI Chairman Mr. Durgesh Agarwal, KCCI Hon Secretary General Mr Bharat Patel were present during the convention. In this convention there were International Delegates like Mr. Alexandar Evtuk from Russia CSCP, Mr. Mehul Raval, Russia CSCP;  Mr. Steve Hickling, British Deputy High Commission; Mr. Evizal Abdul Kadir UIR, Indonesia; and Mr. Kyu Nam Kim, KOTRA South Korea.

In this convention, KCCI has signed an agreement to take Indian Delegation to Russia between the 20^th to 25^th October 2024 and exchange dialect and business opportunities for Indian Business with Russia.

The MSME CONVENTION 2024 had  500 plus participants and 25+ Exhibitors were present in the convention. In the evening there was a themed fashion Show on sustainable fashion. Bollywood legendary actress Ms Bhagyashree Dasani was invited to felicitate awards and grace the evening while sustainable clothing was being showcased by gorgeous models and students from Anant National University. More than 30 awards were presented to recognize businesses for doing phenomenal work in their respective sectors.

Nectar and Energage Will Recognize the 2024 Top Workplaces for Appreciation

Lehi, UT, July 27, 2024 –Nectar, the leader in employee rewards & recognition software, today announced it has partnered with Energage, the technology company behind the Top Workplaces employer recognition program.

Nectar and Energage join in honoring employers nationwide that achieve the status of Top Workplaces for Appreciation, to be released in October.

The Appreciation award is based on employee feedback from companies that have created a standout employee experience where employees feel appreciated for what they achieve in the workplace.

Top Workplaces national and regional employer awards highlight organizations that listen to employee feedback and drive people-first cultures. The Top Workplaces award is based on Energage’s confidential, research-backed employee engagement survey. Participating companies will be evaluated against the industry’s most robust benchmarks based on more than 18 years of culture research.

“We are thrilled to announce our partnership with Top Workplaces,” said Trevor Larson, Nectar CEO. “Appreciation is a critical pillar in any thriving company culture, and we are honored to be the official partner of the Top Workplaces for Appreciation award. Together, we look forward to highlighting organizations all over the country doing exemplary work within their cultures to recognize the contributions of team members and employees.”

“This partnership with Nectar is a pairing of two great organizations focused on celebrating achievement in the workplace,” said Eric Rubino, Energage CEO. “We both see the importance of a people-first workplace experience, and we celebrate employees, who are the heart of any thriving organization.”

World Trade Center Bhubaneswar Marks World Trade Day 2024: Odisha’s Gateway to Global Trade

27th July 2024, Bhubaneswar: World Trade Day was celebrated yesterday by the World Trade Center (WTC) Bhubaneswar. Honourable Deputy Chief Minister of Odisha, Smt. Pravati Parida, who was the chief guest, highlighted the essential role of international trade in fostering the state’s growth. The event kicked off with Capt. Somesh Batra, Vice Chairman of WTC Mumbai, unveiling a new book.

Deputy CM Smt. Pravati Parida addressed the gathering, urging the business community to partner with the government in advancing the state’s international trade and economic progress. She highlighted the importance of empowering women entrepreneurs by offering them the training and skills needed for global exposure. She also mentioned her intention to explore options for providing land to WTC Bhubaneswar for constructing its own building and to link the Women’s Forum Bhubaneswar with Mission Shakti to promote tourism.

The event, hosted at Swosti Premium Bhubaneswar, aimed to update the business community on WTC Bhubaneswar’s initiatives, highlighting its efforts to provide international exposure, training, and networking opportunities.

The gathering included representatives from Indonesia and industry experts who discussed advancing the theme of international trade. Prominent attendees included Shri. J.K. Mohanty, C.M.D. of Swosti Group of Hotels, Mr. Ranjan Padhi, Rani Routray, and several national and international dignitaries.

During the program, WTC Bhubaneswar honored the exceptional achievements of MSMEs, small businesses, trade promotion organizations, companies, and businesses that have excelled in international markets by awarding them in various categories. These awards recognized their leadership, accomplishments, and best practices. Additionally, a Memorandum of Understanding was signed with the Orissa Small Scale Industries Association (OSSIA) Cuttack to explore collaborative opportunities aimed at helping Odisha’s MSMEs expand their market presence and enter global markets.

The day’s focus was on the importance of international trade for state and economic development. Smt. Nimeshika Natarajan, Assistant Director at WTC Bhubaneswar, along with her team, was pivotal in coordinating the successful event, which wrapped up with a dinner. The celebration highlighted WTC Bhubaneswar’s vital role in connecting the state to global trade networks and fostering economic growth of the state.

All Season Storage Opens in Mobile, Alabama

Mobile, AL, July 27, 2024 — All Season Storage is excited to announce the opening of its new facility at 9180 Jeff Hamilton Road, Mobile, AL 36695. This facility features 415 units, encompassing a total of 50,795 rentable square feet, offering both climate-controlled and non-climate-controlled storage options. These units provide secure storage solutions for the communities of Daphne, Mobile, and Fairhope.

To ensure top-notch service and management, All Season Storage has partnered with Absolute Storage Management (Absolute). As of May 23, 2024, Absolute has been overseeing the professional self-storage management of the facility, bringing their extensive expertise and commitment to excellence to the Mobile area.