Category Archives: Business

Techchef Consulting India Pvt Ltd Announces Major Expansion in IT Solutions

24th July 2024  New Delhi, Delhi, India  Techchef Consulting India Pvt Ltd, a leader in IT solutions, is excited to announce its expanded services covering Cyber Security, Cloud, Backup Solutions, and E-waste Management. Since starting in 2016 by Mr. Rakesh Kumar, Mr. Chandan Chaudhary, and Mr. Anish Kumar, Techchef has been dedicated to changing the IT landscape by providing trusted and innovative solutions to business leaders across India.

The journey of Techchef began in Year 2016 with a focus on Data Recovery under the guidance of Mr. Rakesh Kumar, the founder & CEO. In 2021, the company ventured into E-waste Management with Techchef Ewaste Solutions, swiftly gaining recognition as one of the top 5 companies in Delhi NCR, approved by the DPCB.

During Techchef’s 8th work anniversary, Mr. Anish Kumar, Chief Information Officer, said, “Our goal is to lead an IT revolution by offering the most trusted IT and Tech Solutions to business leaders.” He added, “Starting from a humble beginning under a single roof, Techchef now operates across 8000+ pin codes with branches in Mumbai, Chennai, Bengaluru, Kolkata, Delhi and further collaborations with industry giants like TataTeleBusiness, PaloAlto, and Druva.”

Techchef Consulting India Pvt Ltd has reached many milestones, with over 1 million happy customers and services extended across 8,000+ pin codes. They’ve recovered over 9,000 servers and secured over 1 million petabytes of data, showing their commitment to fast and reliable solutions.

Mr. Chandan Chaudhary, Co-founder of Techchef, emphasized the company’s dedication to excellence, saying, “Techchef is committed to being a better place for our clients, corporates, and employees. We aim to provide top-notch services in Data Recovery, Backup Solution, Cloud Solutions, Cyber Security, E-waste Management, and Sustainability Solutions.”

Techchef which now rebrands as Techchef Group of Companies holds ISO 27001:2013 & 9001:2015 certifications, ensuring high standards of service delivery and data security.

“We extend our heartfelt gratitude to our premium clients for their unwavering support, which has fueled our journey towards success,” remarked the founders.

Child Care Aware of Missouri Hosts Walk Fundraiser

The fifth annual “2000 Steps To Make A Difference” walk will benefit the nonprofit’s programs.

(St. Louis, Mo., July 23, 2024) Child Care Aware of Missouri (CCAMO) will host its fifth annual “2000 Steps To Make A Difference” walk on Saturday, Sept. 21. The event will take place at Millennium Park located at 2 Barnes West Dr. in Creve Coeur, Mo., with registration starting at 9 a.m. and the walk beginning at 9:30 a.m. Proceeds from the fundraiser will support CCAMO’s statewide programs aimed at enhancing early care and education of children during their crucial first 2,000 days of life.

The walk will follow a 0.6-mile paved trail and features family-friendly activities including yard games, emergency vehicles for children to explore, an online silent auction, and snacks. Attendees will also have access to the park’s newly updated splash pad and playground.

Founded in 1999, Child Care Aware of Missouri is a statewide nonprofit that focuses on a comprehensive early childhood education experience through impactful programs and partnerships. The organization’s services include workforce development, child care business supports, advocacy and policy work, and its new Child Care Keeps Missouri Working, a regional campaign offering concierge solutions to businesses undergoing employee recruitment and retention challenges due to the overwhelming shortage of quality child care options.

Tickets are $25 per adult, $15 per child 12 and under and $10 per person for virtual participation. Register for the fundraiser at https://child-care-aware-of-missouri.networkforgood.com/events/72126-two-thousand-steps-to-make-a-difference-walk-2024. For more information about Child Care Aware of Missouri, call (314) 535-1458 or visit www.mochildcareaware.org.

Union Budget 2024-25 Reactions: CRISIL Limited

Quote on Economy from Dipti Deshpande, Principal Economist, CRISIL Limited

“The budget responsibly deploys the higher revenues (tax and non-tax revenues) on reducing the fiscal deficit, sustaining spending on investments and making way for higher spending to support segments of the economy that require support. Overall, the quality of spending remains intact despite the slight tilt towards revenue spending.

A lower fiscal deficit and non-inflationary nature of spending are inflation-positive, while lower market borrowings will help temper yields. We expect the 10-year government bond yields to average 6.8% by March 2025, from 7% in March 2024. On the back of a normal monsoon and cooling food inflation, we expect headline consumer price inflation to soften to 4.5% average this fiscal from 5.4% in the last. We maintain our GDP growth forecast at 6.8% for fiscal 2025 – a moderation from 8.2% in fiscal 2024 led by tighter lending conditions.”

Quote on Shrimp from Rahul Guha, Director, CRISIL Ratings

The shrimp processing sector will benefit from two specific announcements. First, the government support for marketing and financing shrimp farming through Nabard will improve the supply chain, reduce time to exports and, hence, lower the cost of production for processors and farmers. Second, reduction in import duties on certain brood stock to 5% will reduce costs for the farmers and, in turn, processors. This will make the cost structure leaner and enhance productivity over the medium term, giving shrimp exporters a boost.”

Quote on Energy from Rahul Prithiani, Senior Director & Global Head, Energy and Sustailability, Consulting, CRISIL Market Intelligence and Analytics

“The full budget for this fiscal moves the needle on the development of energy transition pathways and the shift to emission-based targets for the hard-to-abate sectors. This will drive investments in sustainable technologies and lay the framework for the development of the carbon market. Additionally, reduction in basic customs duty on battery minerals, focus on mining critical minerals, impending pumped storage policy for round-the-clock power, and taxonomy for climate finance indicate a clear push towards de-carbonisation..”

Quote on real estate from Gautam Shahi, Director, CRISIL Ratings

For the real estate sector, the impact of changes in taxation is expected to be mixed. On the one hand, the reduction in the long-term capital gains tax rate from 20% to 12.5% should boost investments over the near to medium term. On the other, the removal of indexation benefit will increase the tax incidence on property sale, especially for older properties.
Further, the Centre’s move to persuade state governments to reduce stamp duties, especially for women home-owners, can have a positive impact.

On affordable housing, the move to provide additional one crore housing units to urban poor and middle-class families under the Pradhan Mantri Awas Yojana (PMAY) scheme, with an incremental budgetary allocation of Rs 2.2 lakh crore over the next 5 years, will sustain the growth momentum in this segment.

Quote on Space Market from Pushan Sharma, Director- Research at CRISIL Market Intelligence and Analytics

The Union Budget has introduced a Rs 1,000 crore venture capital fund aimed at expanding the space market five-fold over the next decade. The country’s Rs 6,700 crore space market has seen startup engagement skyrocketing from just one in 2012 to 189 in 2023 as entrepreneurs started looking beyond traditional sectors to include satellite manufacturing and development of reusable launch vehicles. The number of use cases for the space sector has also increased with higher private participation, extending to newer ways of credit risk assessment for the agriculture sector and project monitoring, to name a few.

Quote on Capital Markets from Subha Sri Narayanan, Director, CRISIL Ratings

“The measures pertaining to tax rates on capital market transactions – Securities Transaction Tax on derivatives, Long Term Capital Gains tax, and Short-Term Capital Gains tax – are aimed at bringing in greater stability in the equity markets by incentivising long-term investment activity and curbing the derivatives segment, where traded volume has risen over 99%. There could be an impact on market volume in the near-term that, in turn, could affect the revenue of brokerage houses which have enjoyed rising profitability because of the market upcycle. At the same time, they have also had to realign their business models to manage the evolving regulatory environment, with the most recent change being the revision in the charges levied on stockbrokers by market infrastructure institutions.”

Quote on interest free loans to states from Anuj Sethi, Senior Director, CRISIL Ratings

“The increase in the allocation of interest-free loans to state governments by 15% to Rs 1.5 lakh crore for spending on capital expenditure reflects the central government’s continued focus on infrastructure development. That said, the availability of the majority of these funds will be subject to the state governments undertaking various reforms, including land and labour reforms. In the past, states had utilised only 80-85% of the budgeted levels due to their inability to meet the conditionalities. Hence, undertaking the reforms in a timely manner, which can allow states to utilise the earmarked amount, remains critical.”

The agriculture budget this year focuses on a structural measure through 4 C’s- climate, credit, cutting-edge-technology and critical infrastructure. One can see a clear focus on long-term measures to enhance productivity of crops and combat climate change through High-Yeilding and climate resilient variety of seeds. Development of infrastructure cluster for vegetables near consumption centers to bring price stability, given that post-harvest losses in vegetables can be upwards of 10%. On the technology front digital crop survey, mapping of farmers to their land parcels, and issuance of Jan Samarth based Kisan Credit Cards indicate commitment of government towards promoting better credit risk assessment, and enhanced formal credit penetration for farmers, which currently stands at around 60%. Additionally, allocations under PM KISAN and MNREGA have remained at par with last year levels.

Sectoral Quotes from Budget 2024

Chemical and Agriculture- On Behalf of Madhur Singhal, Managing Partner, Chemical and Agriculture, Praxis Global Alliance

-The focus on developing high-yielding and climate-resilient crop varieties is a monumental step for our agricultural sector. The introduction of 109 new varieties of field and horticultural crops will revolutionize productivity and sustainability for our farmers, making us more resilient in the face of climate challenges. The government’s commitment to enhancing natural farming practices by supporting 1 crore farmers is a forward-thinking approach that aligns with our industry’s goals for sustainable agriculture.”

-“The establishment of 10,000 bio-input resource centers will empower our farmers with the tools and resources needed to transition to more organic and sustainable farming methods. These initiatives underscore the government’s dedication to ensuring food security and self-reliance in oilseed production, a crucial aspect for India’s agricultural landscape.”

1. “The 2024-25 budget’s robust allocation of ₹20 lakh crore for agricultural credit reaffirms the government’s dedication to strengthening the agricultural sector. This investment is set to provide farmers with the financial support needed to enhance productivity and ensure food security.”

2. “The budget’s focus on promoting natural farming techniques and sustainable practices represents a forward-looking approach to agriculture. By integrating traditional wisdom with modern innovation, the government is paving the way for a greener and more resilient agricultural sector.”

3. “With increased funding for agricultural infrastructure and rural development, the budget addresses critical needs in the agricultural sector. This support will not only boost productivity but also improve the overall quality of life for farmers and rural communities.”

4. “The emphasis on expanding irrigation facilities and improving crop insurance schemes underscores the government’s commitment to mitigating risks and enhancing agricultural resilience in the face of climate change and market fluctuations.”

5. “The budget’s provisions for agricultural technology and research signify a significant push towards modernizing farming practices. This investment in innovation is expected to drive efficiency and sustainability, positioning India’s agriculture for long-term growth.”

Financial Services for Madhur Singhal, Managing Partner, Financial Services, Praxis Global Alliance

> “The development of a comprehensive financial sector vision and strategy document is a significant step towards preparing the sector for future growth. This initiative will undoubtedly foster a more robust and resilient financial ecosystem capable of meeting the economy’s demands.”

> The introduction of the NPS-Vatsalya plan provides a unique opportunity for parents and guardians to invest in their children’s future, ensuring financial security and encouraging long-term savings habits.”

Private Capital For Madhur Singhal, Managing Partner, Private Capital, Praxis Global Alliance

The simplification of Foreign Direct Investment (FDI) rules is a welcome move that will undoubtedly attract more overseas investors, providing a much-needed boost to our private capital markets. This will open new avenues for growth and innovation, positioning India as a more attractive destination for global investors.”

> “The proposed Variable Capital Company structure offers an efficient and flexible mode for financing, which is a game-changer for industries like aviation and maritime. This will enhance our competitiveness and ensure we remain at the forefront of global private equity opportunities.”

“We are particularly encouraged by the 2024-25 budget’s announcement of a ₹100 crore credit guarantee scheme for manufacturing MSMEs. This initiative will significantly enhance access to finance for small and medium-sized enterprises in the manufacturing sector, enabling them to scale operations and innovate. At Praxis Global Alliance, we believe this support is crucial for driving growth and competitiveness within the sector, and we look forward to leveraging these opportunities to further strengthen our contribution to the industry.”

Healthcare and Lifesciences for Aryaman Tandon, Managing Partner, Healthcare, Praxis Global Alliance

> “The full exemption of three more cancer medicines from custom duties is a commendable move that will significantly reduce the cost burden on patients and enhance access to essential treatments. This demonstrates the government’s commitment to making healthcare more affordable and accessible.”**

> “The budget’s focus on affordable medicines and support for the domestic pharmaceutical industry will foster innovation and competitiveness, driving growth in the healthcare sector while ensuring the well-being of our citizens.”

“The 2024-25 budget’s focus on the healthcare sector, with an allocation of ₹85,000 crore and increased support for pharmaceutical research, is a significant boost for the industry. As a leading company in the healthcare space, we are particularly encouraged by the government’s commitment to enhancing public health infrastructure and supporting innovation in pharmaceuticals. This budget paves the way for collaborative efforts to advance healthcare delivery, expand access to essential medicines, and drive breakthroughs in treatment.”

Tourism for Madhur Singhal, Managing Partner, Consumer and Internet , Praxis Global Alliance

The 2024-25 budget’s strategic investments in tourism infrastructure and promotion reflect a strong commitment to revitalizing India’s tourism sector. By enhancing facilities and supporting sustainable tourism initiatives, the government is poised to attract global visitors and boost economic growth, creating vibrant opportunities for local communities and showcasing India’s diverse cultural heritage.

We are excited about the budget’s initiative to promote Nalanda in Bihar and Odisha as premier tourism destinations. This strategic focus will not only highlight the rich historical and cultural heritage of these regions but also drive sustainable economic growth through tourism. By investing in the development and promotion of these iconic sites, we are paving the way for enhanced global recognition and increased visitor engagement, benefiting local communities and preserving our national heritage.

“We welcome the 2024-25 budget’s ambitious allocation of ₹70,000 crore for infrastructure development, which is a significant boost for our sector. The increased focus on expanding road and rail networks, along with the introduction of tax incentives for infrastructure projects, aligns perfectly with our company’s strategic goals. This investment not only promises to enhance connectivity and operational efficiency but also provides a solid foundation for long-term growth and innovation in the industry. We are excited about the opportunities this budget presents and are committed to leveraging these developments to drive sustainable progress and deliver exceptional value to our stakeholders.”

Technology for Aryaman Tandon, Managing Partner, Technology at Praxis Global Alliance

> “The government’s emphasis on digital public infrastructure is a visionary step towards integrating technology into the backbone of our economy. By implementing digital crop surveys and creating farmer and land registries, we are setting the stage for a digital revolution in agriculture that will improve efficiency and transparency.”

> “The advancement in digitalization across various sectors, from healthcare to education, will bridge the gap between urban and rural areas, providing equal opportunities and access to resources for all citizens.”

Artificial Intelligence (AI)

1. “The 2024-25 budget’s substantial investment in artificial intelligence marks a pivotal moment for India’s technological landscape. By focusing on AI research and development, the government is setting the stage for India to emerge as a global leader in next-generation technologies.”

2. “With dedicated quotes AI innovation and digital infrastructure, the budget is a testament to the government’s commitment to integrating AI into various sectors, driving efficiency, and enhancing economic growth.”

3. *The emphasis on AI and machine learning in this budget underscores a forward-thinking approach, equipping India to leverage AI for transformative impacts across industries and societal sectors.”

Mobility for Aryaman Tandon, Managing Partner, Mobility, Energy, and Transportation, Praxis Global Alliance

> “The reduction of customs duty on key components like mobile phones and solar panels is a strategic move that will boost domestic manufacturing and drive the adoption of renewable energy. This aligns perfectly with our industry’s goals of sustainability and technological advancement.”

> “The government’s focus on energy transition and strategic sector support will propel India towards a greener future, ensuring our energy security while fostering innovation in mobility and transportation.”

-The 2024-25 budget’s focus on advancing solar and thermal power reflects a significant leap forward for the energy sector. These measures not only bolster our commitment to sustainable energy but also pave the way for innovative advancements and increased efficiency. We are excited about the opportunities this budget creates for driving clean energy initiatives and contributing to India’s energy future

Consumer for Madhur Singhal, Managing Partner, Consumer and Internet, Praxis Global Alliance

> “Promoting Farmer-Producer Organizations, cooperatives, and start-ups for vegetable supply chains is a crucial step towards modernizing our agricultural sector. This initiative will streamline the collection, storage, and marketing processes, benefiting both producers and consumers.”

> *The emphasis on digital infrastructure will enhance the consumer experience across various sectors, from e-commerce to financial services, making transactions more efficient and accessible to a broader audience.”

Next Gen Industrials (Automotive, Infrastructure, Engineering and Construction, Textiles, Discrete Manufacturing, Packaging, Manufacturing Services, Advanced Manufacturing)

> “The focus on next-generation reforms and digitalization in the manufacturing sector will propel India to the forefront of global innovation. By prioritizing advanced manufacturing techniques, we are ensuring that our industries remain competitive and future-ready.”

> “The proposed land-related reforms and the integration of GIS mapping and IT-based systems for property management will revolutionize the infrastructure and construction sectors, leading to more efficient urban planning and development.”
The emphasis on infrastructure development and technological advancement in manufacturing showcases India’s commitment to becoming a global leader in next-generation industries. “With increased investments in infrastructure, automotive, and advanced manufacturing, the budget signals a new era of industrial growth and innovation in India. “The government’s focus on enhancing industrial capabilities through technology and innovation is set to drive economic growth, creating new opportunities across sectors.

Metals and Mining for Madhur Singhal, Managing Partner, NextGen Industrials, Praxis Global Alliance

“The 2024-25 budget’s substantial allocation of ₹70,000 crore for infrastructure development is a game-changer for the mining and construction sectors. This investment will drive growth and innovation, enabling us to undertake significant projects and enhance connectivity across the country. The focus on modernizing railways and expanding road networks will not only streamline operations but also open new avenues for the mining sector, supporting our efforts to meet global demands more efficiently. With these strategic investments, we are optimistic about the future, as they provide a strong foundation for sustainable development and economic progress in our industries

Education for Madhur Singhal, Managing Partner, Consumer and Internet at Praxis Global Alliance

“We are pleased to see the Union Budget 2024-25 prioritize significant investments in education, including the allocation of ₹2.5 lakh crore for the sector. This substantial funding is expected to drive transformative improvements in educational infrastructure, teacher training, and student resources. Our company, [Your Company Name], views these measures as pivotal for enhancing educational outcomes and equipping students with the skills needed for the future. We look forward to collaborating with educational institutions to leverage these opportunities and contribute to India’s growing talent pool.”

For Madhur Singhal, Managing Partner, Consumer and Internet at Praxis Global Alliance

Real Estate

“The 2024-25 budget’s focus on enhancing affordable housing with an allocation of ₹70,000 crore for infrastructure development is a significant boost for the real estate sector. This funding will not only accelerate the development of affordable housing projects but also stimulate demand across the real estate market. Our company is excited about the potential opportunities this brings and is committed to leveraging these investments to drive innovation and growth in the sector.”
Startup

“With the introduction of new tax incentives and the extension of the ‘Startup India’ scheme, the 2024-25 budget is a game-changer for entrepreneurs. The enhanced funding for innovation and technology incubators will provide crucial support for startups, fostering a thriving ecosystem. Our company is poised to take full advantage of these initiatives, aiming to accelerate our growth and contribute to the vibrant startup landscape in India.”

Construction & Interior Design

“The budget’s allocation of ₹70,000 crore towards infrastructure development and the focus on modernizing construction practices are highly encouraging for the construction and interior design sectors. These investments are set to enhance project efficiencies and drive the adoption of advanced technologies. Our company is enthusiastic about these developments and is committed to aligning our strategies with the government’s vision for sustainable and innovative construction practices.”

Brody Brothers Pest Control Expands to Anne Arundel County

Glen Burnie, MD, July 23, 2024 –Brody Brothers Pest Control, a local pest control leader with a reputation for excellence, has expanded its services to Anne Arundel County with the opening of its new Glen Burnie office. The company celebrated the grand opening with a ribbon-cutting ceremony and a generous donation to the Friends of Anne Arundel County Trails.

“We are thrilled to expand our presence in Anne Arundel County with the opening of our new Glen Burnie office,” expressed Levi Brody, President of Brody Brothers Pest Control. “This expansion positions us to better provide our comprehensive pest control services to Anne Arundel County residents. We remain committed to providing our customers with the same high-quality services and exceptional customer care that have become our hallmark.”

Brody Brothers Pest Control understands the unique pest control challenges homeowners in Anne Arundel County face. From pesky ants to troublesome termites, the company’s team of experienced and highly trained technicians is equipped to tackle even the most stubborn infestations. Whether you’re dealing with a mouse intrusion, ant concerns, or unwelcome wasp nests, Brody Brothers Pest Control has the expertise to eliminate the problem and prevent its recurrence.

Award-Winning Pest Control Services

Brody Brothers Pest Control has been recognized with numerous awards for their outstanding service, including:

Angi Super Service Award 10 times

Best of Baltimore 2 times

Baltimore’s Best Places to Work

Nextdoor’s “Neighborhood Fave” 3 years running (2021, 2022, and 2023)

Expanding to Serve Anne Arundel County and Creating Jobs

Brody Brothers Pest Control’s expansion into Anne Arundel County is a testament to the company’s rapid growth and commitment to serving the community. This expansion has also led to job development in the area, as the company is actively hiring pest control technicians and customer service representatives to provide exceptional service to its new customers.

“We are excited to create new job opportunities in Anne Arundel County and to contribute to the economic growth of the region,” said Talis Brody, CFO of Brody Brothers Pest Control. “Our company culture is built on teamwork and collaboration, and we are committed to providing our employees with a rewarding and fulfilling work environment.”

A Comprehensive Range of Pest Control Services

Brody Brothers Pest Control offers a wide range of pest control services to address various pest control needs, including:

Mouse control
Ant control
Termite control
Mosquito control
Tailored Approach and Preventative Measures for Year-Round Protection

The company’s tailored approach ensures homeowners receive effective, long-lasting solutions to their pest problems. Brody Brothers Pest Control provides both treatment services and quarterly preventative services for year-round protection from unwanted pests. This proactive approach helps prevent infestations from occurring in the first place, saving homeowners time, money, and frustration.

Commitment to Community and Giving Back

Beyond its commitment to pest control excellence, Brody Brothers Pest Control is also dedicated to giving back to the community. As part of its expansion into Anne Arundel County, the company has made a donation to the Friends of Anne Arundel County Trails, demonstrating its commitment to supporting local families and organizations.

“Giving back is an integral part of our company culture, and we are committed to making a positive impact wherever we serve,” said Levi Brody.

Experience the Brody Brothers’ Difference

COOLMAX EcoMade Fiber Makes Summer Games Debut in Paris

July 23, 2024,Wilmington, Del., United States : The LYCRA Company, a global leader in developing innovative and sustainable fiber and technology solutions for the apparel and textile industry, has announced that its COOLMAX® EcoMade fiber made from 100% textile waste is a key ingredient in the Brazilian Volleyball team’s indoor and beach jerseys for the 2024 Summer Games in Paris. Body Work, a fitness brand from retailer Riachuelo, created the official uniforms unveiled in a stunning projection on the Christ the Redeemer statue overlooking Rio de Janeiro on June 27, Volleyball Day in Brazil.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240716778680/en/

Body Work, a fitness brand from Riachuelo, has revealed the official Brazilian Volleyball team shirts for the 2024 Summer Games. The fabric blends two technologies from The LYCRA Company: 92% COOLMAX® EcoMade fiber made from pre-consumer textile waste and 8% LYCRA® fiber to help keep athletes cool, dry, and moving freely. (Photo: Business Wire)
Body Work, a fitness brand from Riachuelo, has revealed the official Brazilian Volleyball team shirts for the 2024 Summer Games. The fabric blends two technologies from The LYCRA Company: 92% COOLMAX® EcoMade fiber made from pre-consumer textile waste and 8% LYCRA® fiber to help keep athletes cool, dry, and moving freely. (Photo: Business Wire)

COOLMAX® EcoMade fiber transports moisture away from the body to the surface of the fabric, where it evaporates. This helps athletes stay cool, dry, and comfortable so they can focus on the game. It is one of many innovative branded fibers produced by The LYCRA Company designed to help optimize athletic performance. This technology converts pre-consumer textile waste scraps from garment manufacturers into fibers offering comparable performance to virgin polyester.

“We are thrilled that Brazil’s volleyball uniforms feature 92% COOLMAX® EcoMade fiber made from textile waste and 8% LYCRA® fiber, so we will be rooting for them in Paris,” said Nicolas Banyols, chief commercial officer – apparel, The LYCRA Company. “The benefits of activewear and sportswear with performance fibers are not limited to elite athletes anymore. Consumers of all abilities can now buy these innovative garments at retail, ensuring that everyone can experience the enhanced comfort and performance our fibers offer, in addition to options for durable and sustainable fibers for reduced environmental impact.”

LYCRA® brand fibers, now owned by The LYCRA Company, have been an integral part of the games since 1968, when the French alpine ski team dominated the medal count in Grenoble. The team’s ski suits featured LYCRA® fiber, which provided a second-skin fit and greater freedom of movement. The long-standing history of performance and innovation in sports is a testament to the trust and reliability that the company’s fibers offer, instilling confidence in athletes and consumers alike.

“While the silver medal-winning 1984 Brazilian volleyball team uniform was the main inspiration for the design of this jersey, we wanted the fabric to be cutting-edge and future-focused,” said Camila de Paula Souza, Style Manager at Body Work | Riachuelo. “This fabric is designed to provide comfort and is made from textile waste—a win for athletes and a win for the planet.”

NIPPON KINZOKU’s Cold Profile Rolled Products Are Named Fine Profile to Strengthen Sales Expansion

July 23, 2024,TOKYO, Japan : NIPPON KINZOKU CO., LTD. (TOKYO: 5491) (Headquarters: Minato-ku, Tokyo) announces that it has named and registered the trademark “Fine Profile” for its cold profile rolled products, which can be used for various metals from ferrous to nonferrous, by combining its proprietary cold rolling technology and specialized equipment.

Fine Profile is a generic term for products made by continuously processing ferrous and nonferrous metals into irregularly shaped cross sections with different thicknesses in the width direction using our unique rolling technology. It contributes to customers’ process reduction, environmental improvement, manufacturing cost reduction, and yield improvement as an alternative to various processes such as cutting and grinding. (Graphic: Business Wire)
Fine Profile is a generic term for products made by continuously processing ferrous and nonferrous metals into irregularly shaped cross sections with different thicknesses in the width direction using our unique rolling technology. It contributes to customers’ process reduction, environmental improvement, manufacturing cost reduction, and yield improvement as an alternative to various processes such as cutting and grinding. (Graphic: Business Wire)

Fine Profile is our original new product that contributes to customers’ manufacturing cost reduction and yield improvement as an alternative to various machining processes such as cutting and grinding, and we aim to expand sales of this product in the future.

Features

Cost reduction of metal processing, resource saving, energy saving
Use of a deformed cross-sectional shape contributes to reduce machining processes and waste.
Stabilization of quality
Continuous rolling from coil provides stable supply of high quality products.
Roll forming on metal surfaces
By rolling the uneven pattern on the roll surface, it is possible to process various designs and functions such as unique designs, oil grooves, gloss prevention, identification grooves, etc.
Various delivery forms
We can deliver products in a variety of forms, such as record rolls, oscillate rolls, fixed-length products, and secondary processing, etc. according to customer needs.
Shorter development period
Roll design using CAE analysis contributes to reduction of customers’ development cost and time.

Metal types

Nonferrous metals: oxygen-free copper, copper alloys, aluminum alloys, pure titanium, titanium alloys, pure nickel, magnesium alloys, etc.
Stainless steel: SUS304 (L), SUS316 (L), SUS430, SUS420J2, SUS440C, etc.
Carbon steel: SS400, SPCD, SPCC, SPHC, SECC, etc.
Special steel: SCM415, SUJ2, S10C, S45C, S65C, SAE1070, SK75, SK95, SKS81, 1LSSP, etc.

* Please inquire separately for specifications other than those listed above.

Application examples

Fine Profile is developed and manufactured by our rolling technologies and co-creation with our customers that require stable quality and reliability in various applications.

Automotive applications (Automotive drive parts, Bearing components, Vane pump parts, Engine parts, etc.)
Electrical and electronic parts applications (Connector parts, Secondary battery terminals, Heat spreaders, Bus bars, etc.)
Building material applications (Grating components, Braille studs, Screen components, Special fasteners, etc.)

Japan SUNRISE TOURS New Veg Thali Meals by JTB Corp. on 1-Day Mt. Fuji and Hakone Tour for Indian Travellers

July 23, 2024,TOKYO, Japan : JTB Global Marketing & Travel (JTBGMT), a JTB Group company specialising in travel to Japan, is now offering a veg thali meal on its 1-Day Mt. Fuji & Hakone Tour through its SUNRISE TOURS brand, starting July 1st. With respect to the increasing numbers of Indian visitors in Japan, JTB has developed the veg thali meal. The aim is to encourage more Indian travellers and even those outside India who prefer veg meals should enjoy their trip to the fullest in Japan.

Development Background

The 1-Day Mt. Fuji & Hakone Tour by SUNRISE TOURS takes one to the middle of Mt. Fuji, one of Japan’s most iconic World Heritage sites. One will then experience the natural beauty of Fuji-Hakone-Izu National Park with a cruise on Lake Ashinoko, known for its stunning scenery, and the cable car. The tour includes meals and an English-speaking guide.

Previously, the tour offered a pork- and alcohol-free Japanese meal as well as non-veg and veg Japanese meals. However, to cater to the growing number of visitors from India, a veg thali meal has been introduced, which has been a long-requested option by Indian customers.

Veg Thali Meal Highlights

JTB team travelled to India, the home of thali, with a purpose to develop the SUNRISE TOURS’ original thali menu and to understand the Indian food culture. SUNRISE TOURS collaborated with a team of JTB India of the JTB Group, the team repeatedly tried different types of curry and garnishes until they completed the recipe with a chef.

Three types of curry (spinach, butter dal, mixed vegetables), Naan, saffron rice, onions, tomatoes, and lassi.

Note: Veg thali does not contain any meat or fish. However, it does contain animal ingredients such as cheese in curries and yoghurt in lassis.

Future Outlook

With India’s predicted economic growth and its strong relationship with Japan, JTB believes that more Indian travellers will visit Japan in the future. In January-May 2024, approximately 100,000 people visited Japan with an increase of 56.5% year-on-year as per statistics by JNTO: Japan National Tourism Organization sourced from Visitor arrivals statistics. To cater to their needs, JTB is expanding the veg meal options and enhancing travel packages that reflect Indian preferences and food culture. JTB will reach out to Indian travellers by collaborating with JTB India’s four branches in India, local agents, and OTAs specialising in local regions.

*Reference: From Preliminary Figures for Visitor Arrivals to Japan in April and May 2024 announced by JNTO

Danube Properties Taps Indian Market with 1PERPayment Plan for INR 5400 Crores Project Diamondz

23rd July 2024  New Delhi, Delhi, India  Fastest-growing developer Danube Properties brings another jewel in its crown – the 65-storeyed Diamondz – which comes with 40 plus amenities and its trend-setting 1 percent monthly payment plan.

Diamondz – a luxurious project of Danube Properties in Dubai, successfully marked a pioneering moment recently as it became the first venue in the Middle East to feature a gym equipped with superstar Salman Khan’s Being Strong Fitness Equipment.

Danube Properties, the fastest-growing private real estate developer in the United Arab Emirates (UAE), is all set to tap in the Indian market with its special 1% monthly payment plan for its newly launched project ‘Diamondz’ with a development value of INR 5400 crores. With prime location of Jumeirah Lake Towers in Dubai, this iconic 65-storeyed skyscraper is Danube Properties’ 15th project launched in the last 24 months – reinforcing the developer’s reputation as the fastest-growing real estate leader in the region.

Apartments in Diamondz starting at INR 2.5 crores will be fully furnished and will come with more than 40+ facilities and amenities including a health club, swimming pools, jogging track, sports arena, working space, business centre, meeting place, tennis court, barbecue area, jogging track, doctors on call including a gym with Being Strong fitness equipment by Salman Khan exclusively for residents which otherwise is a paid for facility.

Diamondz is a first destination to have gym equipped with Salman Khan’s Being Strong Fitness Equipment and the recent grand launch ceremony of this gym was attended by Salman Khan along with other key dignitaries of UAE.

Commenting on the remarkable launch of Diamondz, Rizwan Sajan, Founder and Chairman, Danube Group shared, “With every project, we challenge ourselves to increase the facilities and amenities so that the home buyers get a better value for every square foot, or every penny spent – be it the introduction of a doctor/ nanny on call or extra space for work from home to maintain perfect work-life balance. Keeping in mind the need of the hour for maintaining a healthy lifestyle and workout with a correct set of equipment, we are equally delighted to have associated with Salman Khan’s Being Strong Equipment for its first-ever gym in our most luxurious project-Diamondz.”

Bollywood star Salman Khan who enjoys a fan following of billions globally added, “I am personally very happy to launch the first gym in Dubai with Being Strong equipment at the Diamondz by Danube project. This explains the importance of quality workout and a healthy lifestyle. Our state-of-the-art range of equipment will bring out the importance of quality and modern fitness in the fast-moving life of Dubai.”

Danube Properties maintains a policy of launching one project at a time, selling out, put it under tendering and construction, before launching the next project. This helps the developer to focus on all aspects of the development cycle – launch, sell-out, collect down-payment, appoint a contractor, and deliver on time to happy customers.

“This policy has helped us to focus on the development of each project and ensure timely delivery of each project – so that the customers remain happy,” Rizwan Sajan said. “With our 1 percent payment plan, home buyers usually receive the keys after paying around 60 percent of the project and keep on paying the balance 40 percent in 40 monthly installments – making home acquisition less painful – and increasing Return on Investment.”

Owing to this policy, Danube Properties is known for the timely delivery of their projects. Currently, Opalz by Danube is at the handover stage, and Pearlz, Gemz, and Petalz, projects are running ahead of schedule by 8 months, 6 months, and 5 months respectively.

Mayo College Alumni Association Delhi (MAAD) Organised the 3rd Edition of the Mayo Alumni Business Summit at Hotel Taj Palace, New Delhi

23rd July 2024  New Delhi, Delhi, India  MAAD successfully hosted the 3rd Edition of the Mayo Alumni Business Summit bringing together alumni from various industries for a day of learning, networking, and collaboration. The Summit saw a stellar lineup of speakers mostly Mayo Alumni who shared insights that were well received by the audience which had over 200 alumni attendees straddling across batches.

The Summit saw the Mayo College Alumni Association of Delhi President Harmeet Singh, Mayo Old Boys Association President-Col. Bhawani Singh and Mayo Old Girls Association President Pooja Kothari, welcomed the delegates. Paran Thakur a well-known Voice Over Artist compered the event.

The recently appointed Principal of Mayo College-Saurav Sinha graced the occasion and addressed the gathering with his initial impressions of Mayo.

The summit featured a fireside chat with Kapil Chopra (Founder, of Postcard Hotels and Easy Diner) followed by two sessions on 1. New Age Hospitality and 2. Investing in Volatile Markets.

During the fireside chat, Kapil Chopra, in conversation with Vikramjit Singh (Founder-Alivaa Hotels) shared valuable insights in his journey from a successful hotelier as CEO of Oberoi Hotels to becoming an entrepreneur and establishing Postcard Hotels and Easy Diner. He highlighted the genesis of Easy Diner as an overseas experience of reserving restaurants online. His philosophy on Postcard was to establish the best hotel in every state they enter, and which has played out in terms of hotel ratings. He emphasised the need to enjoy what you do and then it goes beyond work.

The New Age Hospitality, a panel of hospitality professionals moderated by Mr Vikramjit Singh, comprising Kapil Chopra, Vir Sanghvi (Well-known Journalist and Co-founder Easy Diner) Vilas Pawar (CEO-Managed Hotels and Franchising-Lemon Tree Hotels) & Ritwik Khare (Founder Elivaas) discussed the changing landscape of hospitality. The speakers discussed the different hospitality models that exist today from second-home operators to small luxury hotels. Ritwik mentioned that as disposable income has grown in India people are aggressively buying 2nd and 3rd homes and ELIVAAS is taking the headache of maintaining and monetising these investments. Kapil spoke about how Postcard Hotels has re-written the rules of luxury stay in this country. Vilas spoke about the concept of franchising in India and how it’s yet to take off in this part of the world. Vir spoke about the new age food concepts and how free-standing restaurants have stolen the thunder from luxury hotels.

Mr Pankaj Karna-MD-Maple Capital Advisors and Treasurer MAAD introduced the session on Investing in Volatile markets which he highlighted was a timely and well sought out theme through an alumni survey. He highlighted the last 2 summits had early-stage investing, and growth investments and the themes have reflected changing market conditions over the last few years. This year’s panel represents fund managers managing over 125 billion dollars.

Investing in Volatile Markets had a marquee panel of fund/asset managers moderated by Anirudha Taparia-(Co-founder and Joint CEO 360 One Wealth), the other panellists included Naveen Gogia-(EVP and Co-Head Sales & Distribution-HDFC Asset Management), Devinjit Singh-Founder and Managing Partner-Xponentia Capital partners), Vikas Khemani (Founder- Carnelian Asset Management & Advisors) and Gagan Randev-(ED-Sotheby’s India). India opportunity and the six pillars of Growth and Opportunity were highlighted by Vikas Khemani, the need to play along and invest over time by Naveen Gogia, Devenjit highlighted the ability of PE to perform over time even as interim phases of capital markets may seem very compelling and Gagan highlighted the rise in residential property markets in select pockets while divergences between Delhi and Gurgaon remain stark, even as long term view remains solidly positive for real estate investments. The increasing sophistication and need for expert handholding across classes were emphasised by Anirudh as investors got into more sophisticated products. Overall, despite Volatile Markets, the panel seemed bullish on India and various asset classes.

The summit also featured Shivjeet Khullar, highlighting his experience with India’s Best channel that he created on YouTube which got great traction and outlined the plan to create one for Mayo Business leaders which was well received.

The Summit Vote of thanks was presented by Kirit Javali-Secretary, Mayo College Alumni Association of Delhi and Lawyer, Supreme Court, acknowledging the various participants.

The key donors included Finesta, Whiteoak Capital, and Sotheby’s. HDFC Asset Management, Sotheby’s, Carnelian Asset Management, Alloysmin India Private Limited, Story Experiential Loyalty, Ujala Stainless, Kimbal, Diat, UVR Natural Foods and Airvoice. There were numerous stalls by alumni and friends and the Beverage Sponsor for the evening was Indri.

The Summit was well appreciated by the alumni and presented a great opportunity for them to network, hear some stellar speakers and exhibit their businesses.

Mayo College Alumni Association of Delhi (MAAD) is a registered association for the alumni of Mayo College both boys and girls focused on alumni initiatives and activities that have been around networking, sports, alumni welfare and giving back to school.

Mayo College, Ajmer is a prestigious residential school in India, It was established in 1875 to educate and nurture the princes of the royal families of Rajasthan. After Independence, it emerged as one of the premier residential public schools with many well-known alumni across, government, armed forces, business, education, entertainment and other areas. Mayo College Girls School was established in 1987, a residential school adjoining the boy’s school both schools have built a reputation of being among the best residential schools in the country.