Category Archives: Business

Times Prime and HDFC Diners Club Roll Out the Purple Carpet for Sci-Fi Epic ‘Kalki 2898 AD’

29th June 2024  New Delhi, Delhi, India Times Prime, India’s premier lifestyle membership program, partnered with HDFC Diners Club to offer an exclusive cinematic experience for their esteemed members. The collaboration brought Times Prime’s signature “Purple Carpet” event to life, featuring a special screening of the year’s most anticipated film, “Kalki 2898 AD”.

The star-studded sci-fi spectacle, featuring Prabhas, Kamal Haasan, and Deepika Padukone, was showcased at Cinepolis theatres in Mumbai, Delhi, and Bangalore. This exclusive “Club Xperience” event treated members to a VIP viewing of what’s expected to be 2024’s biggest blockbuster.

The screening attracted popular Kannada movie actress Rajshri Ponnappa and one of the leading content creators of the industry Ansh Mehra, all of whom were captivated by the movie’s cinematic brilliance. This unique event exemplifies Times Prime’s commitment to providing its members unparalleled access to premium entertainment experiences.

Times Prime membership, priced at an accessible Rs. 1,199, continues to offer exceptional value with instant benefits worth Rs. 60,000 across popular brands. Members enjoy exclusive offers on a wide array of services, including Starbucks, Myntra, Uber, HealthifyMe, Disney+ Hotstar, SonyLIV, and Zepto, among others. This comprehensive package ensures subscribers receive premium value across various lifestyle categories – from dining and shopping to entertainment and fitness.

For those looking to unlock a world of exclusive experiences and offers, more information is available on the Times Prime app or at www.timesprime.com.

Shriram Finance Underscores the Importance of Cash Flow Management for MSME Success

29th June 2024 Mumbai, Maharashtra, India  Cash flow, the lifeblood of any business, is especially critical for Micro, Small and Medium Enterprises (MSMEs). At Shriram Finance, we understand the unique challenges faced by MSMEs and recognize that effective cash flow management is fundamental to their success. MSMEs are the backbone of the Indian economy, and their growth is vital for national progress. However, many MSMEs struggle with cash flow, which can hinder their ability to invest, grow, and navigate economic downturns.

Why Cash Flow Management Matters for MSMEs

Cash flow refers to the movement of cash in and out of a business. Positive cash flow indicates a healthy business, while negative cash flow can lead to financial strain. Here’s why cash flow management is crucial for MSMEs:

• Ensures Business Continuity: Unexpected expenses or delays in receiving payments can disrupt operations. Strong cash flow management safeguards against such disruptions, allowing MSMEs to meet their financial obligations and continue functioning smoothly.
• Facilitates Growth: Growth often requires investments in inventory, equipment, or marketing. By managing cash flow effectively, MSMEs can identify surplus funds for strategic investments, propelling business expansion.
• Improves Creditworthiness: Financial institutions assess a business’s health based on its cash flow. Demonstrating consistent positive cash flow strengthens an MSME’s creditworthiness, making it easier to secure loans for future needs.
• Enables Informed Decision-Making: Cash flow analysis provides valuable insights into a business’s financial performance. This allows MSME owners to make data-driven decisions regarding pricing, inventory management, and resource allocation.

Empowering MSMEs with loans to solve their rising challenges in Cash Flow Management

Shriram Finance recognizes the importance of cash flow management for MSMEs and offers a suite of solutions designed to empower them:

• Working Capital Loans: These loans provide immediate access to funds, bridging the gap between receivables and payables, and ensuring smooth cash flow.
• Inventory Financing: This solution unlocks the value of inventory, allowing MSMEs to purchase raw materials or stock up on in-demand products without straining their cash flow.
• Financial Advisory Services: Our experienced team guides cash flow management best practices, helping MSME owners develop customized strategies for optimizing their cash flow.

Shriram Finance’s Commitment to MSME Success

At Shriram Finance, we are committed to supporting the growth and prosperity of MSMEs. By promoting effective cash flow management practices and offering tailored financial solutions, we empower them to navigate financial challenges, seize opportunities, and achieve long-term success.

To explore the various offerings of Shriram Finance, kindly visit www.shriramfinance.in/working-capital-loan or contact 18001034959 for assistance

Whistling Woods International and IED – Istituto Europeo di Design Forge Cinematic Bridge Between India and Italy

29th June 2024  Mumbai, Maharashtra, India Whistling Woods International (WWI) was part of a milestone event in international cinema: the fifth episode of the second season of Aperitivo Italiano. Hosted by the Consulate General of Italy in Mumbai, this special screening celebrated the cultural synergy between India and Italy, inspired by the timeless classic “Nuovo Cinema Paradiso” by Giuseppe Tornatore.

Recently, the IF.BE Ice Factory in Mumbai hosted this prestigious event. It spotlighted the rich cinematic heritage of both nations, underscoring the role of film in fostering mutual understanding and cooperation. Alessandro De Masi, Consul General of Italy in Mumbai, and Francesca Amendola, Director of Istituto Italiano di Cultura, in collaboration with Istituto Europeo di Design (IED) and Whistling Woods International, announced a unique co-production project. Over an intensive two-day session, Italian and Indian students from these premier institutes collaborated to create two short films in Mumbai, which premiered at the event.

Following the screening of the short films, the evening witnessed an interactive panel discussion. The esteemed panel included Priyanka Khanna, writer, author, and editor, who moderated the discussion; Prajakta Koli (a.k.a. Mostlysane), actress; Priyanka Ghose, producer; Rangita Pritish Nandy, producer; Sayani Gupta, actress; Saransh Goila, chef; and the four students who created the short films: Giulia Destro and Leonardo Marziali from IED and Shri Krishna Venugopalan and Twisa Mookerjee, WWI. A special highlight of the evening was a message from Maestro Giuseppe Tornatore, addressing all participants, especially the students.

Rahul Puri, Director – Academics, Whistling Woods International, stated, “Whistling Woods International was thrilled to collaborate with IED and the Consulate General of Italy in Mumbai on this innovative initiative. This co-production project exemplifies the power of cinema to bridge cultures and foster creative collaboration. Our partnership with IED will not only enrich our students’ educational experiences but also strengthen our commitment to fostering global cinematic talent and cross-cultural exchange.”

“This marks a new chapter in the bilateral collaboration between Italy and India, a vital sector for fostering relations in the creative industries of both countries. The project’s success and its originality have garnered significant appreciation for the Italian film industry sector and sparked immense curiosity about the potential of the relationship initiated through the collaboration between the two schools,” shared Alessandro De Masi, Consul General of Italy in Mumbai.

“Creativity and design nourish themselves by exchange, questioning, and dialogue, in the direction of bringing new ideas and stimuli to the community. This two-day event in Mumbai provided an exciting first basis for sharing visions through the language of cinematography and visual arts, an excellent premise for all the opportunities that the collaboration between IED and Whistling Woods International will bring among young creatives in India, in Italy, and in the world,” comments Riccardo Balbo, IED Group Chief Academic Officer.

Whistling Woods International and IED also signed a Memorandum of Understanding to explore reciprocal collaborations. Key areas of focus included joint initiatives to enhance global design knowledge and intercultural competencies, programs to foster student exchange and strengthen academic collaboration, opportunities for faculty and staff exchanges to share knowledge and best practices, and expand relations and collaborations between IED and WWI through joint events and projects. The MOU was signed by Ravi Gupta, Dean, Whistling Woods International, and Riccardo Balbo, IED Group Chief Academic Officer marking a significant step in strengthening educational and cultural ties between the institutions.

India Shelter Finance Corporation Ltd. Lauded with CARE AA-/Stable Rating by Care Edge: Solidifying Leadership in Affordable Housing Finance

29th June 2024  New Delhi, Delhi, India  India Shelter Finance Corporation Limited (ISFCL) is pleased to announce that CARE Ratings Limited has upgraded the credit rating of our Long Term Bank Facilities, amounting to Rs. 1,335.00 crores. The rating for ISFCL has been revised from CARE A+; Positive (Single A Plus; Outlook: Positive) to CARE AA-; Stable (Double A Minus; Outlook: Stable). The upgraded rating reflects our commitment to financial stability and growth, and we have enclosed the credit rating letter issued by CARE Ratings Limited for your reference.

India Shelter has been recognized for its operational excellence, strategic growth initiatives, and profound understanding of its diverse clientele’s needs. The recent upgrade to a CARE AA-; Stable rating by CARE Ratings Limited, a leading rating agency, stands as a testament to the India Shelter’s robust growth trajectory and innovative approach towards fostering financial inclusion across the heartland of India.

Empowering Aspirations and Facilitating Homeownership
India Shelter’s mission revolves around transforming the dream of homeownership into reality. By offering specialized financial solutions tailored to the unique needs of the self-employed and low-income groups, India Shelter underscores its dedication to affordable housing finance. The accolade from CARE Ratings Limited celebrates India Shelter’s prowess in navigating the intricacies of the affordable housing finance landscape and its clear vision for future expansion.

A Torchbearer of Strategic Expansion and Technological Innovation
The CARE AA-; Stable rating further recognizes India Shelter’s strategic geographical expansion and adept use of technology to enhance service delivery. With a significant footprint across various states and a strong presence in key regions, India Shelter has achieved deep market penetration. The company’s forward-thinking, technology-first approach has streamlined operations, fortified its credit appraisal system, and significantly propelled its scalable and sustainable business model.

Steering Ahead with Confidence
Augmented by the CARE AA-; Stable rating, India Shelter is geared for sustained growth in the affordable housing finance domain. The company remains steadfast in its commitment to expanding its reach and enriching its product array to meet the evolving demands of its customers. Focused on operational leverage and maintaining a healthy capital adequacy ratio, ISFCL is dedicated to realizing its pledge of providing “A Shelter for All Indians.”

Williams Asset Management Unveils a Dynamic Rebrand, Including a New Logo, Color Palette, and Website

Columbia, MD, June 28, 2024 –Williams Asset Management, a leading investment firm in Columbia, Maryland, is proud to announce the launch of its rebranding initiative. This significant initiative marks a step forward for the company and includes the introduction of a new logo, a fresh color palette, and a redesigned website, marking a new era in the firm’s storied history.

“For over three decades, Williams Asset Management has been a trusted name in the financial industry. Our new brand identity reflects our commitment to staying at the forefront of investment strategies while maintaining the trust and integrity our clients have come to expect,” said Gary S. Williams, CEO of Williams Asset Management.

The new logo represents the company’s evolution and growth, showcasing a modern design that speaks to the innovative approaches the firm applies in asset management. The updated brand identity embodies the firm’s core values and mission, reinforcing our commitment to delivering exceptional financial services that consistently exceed our clients’ expectations.

In addition to the visual changes, Williams Asset Management has launched a completely revamped website. The new website offers an enhanced user experience with improved navigation and functionality, making it easier for clients to access important information, understand the company’s services, and seek financial advice.

“We believe that our new brand identity will resonate with our existing clients and appeal to future generations of investors,” added Williams. “Our rebranding reflects our unwavering commitment to progress and excellence in all aspects of our work.”

Williams Asset Management invites clients, partners, and the media to explore the new website and discover the fresh look of the brand. The company looks forward to continuing to provide exceptional financial services under this new and vibrant identity.

igus Presents a Unique 4-Year Guarantee for Their Products

Singapore, Singapore, June 28, 2024 –– The chainflex® cables were just the beginning: igus® now offers a guarantee of up to four years for all products with a predictable service life. Customers therefore benefit from long-term investment security and reliable service in the event of a guarantee claim. The long service life of motion plastics conserves resources and thus contributes to increasing sustainability in the industry.

A four-year guarantee on a large part of the product portfolio is unrivalled in the industry. Not for igus®: with immediate effect, the Cologne-based company is offering its customers a guarantee of up to four years on all motion plastics products with an igus service life calculation – and that is, after all, the majority of the company’s countless products. In future, customers will benefit from the guarantee on energy chains and chainflex® cables, drylin® linear and drive technology, dryspin® lead screw technology and components such as plain bearings or bar stock made from the company’s own iglidur materials. The range of products with guarantee is supplemented by the xiros ball bearings, igubal spherical bearings, gears, slewing ring bearings and the 3D-printed components created in the online configurator “iglidur Designer.”

Durability thanks to in-house test laboratory
This exceptional guarantee is made possible by the 3,800m2 test laboratory at the company’s headquarters in Cologne. There, igus® subjects its products to numerous and application-specific long-term and endurance tests. A total of over 15,000 tests are carried out each year. The experience gained from the test is fed into the igus online service life calculator, which enables companies to know how long a component will be in service before they buy it. It was now only a small step from the reliable data from the service life calculators to the introduction of a comprehensive 4-year guarantee on the product portfolio. “The guarantee gives our customers the opportunity to design their individual application exactly right and always choose the most cost-effective product that is sure to work,” explains Tobias Vogel, CEO of Plain Bearing Technology at igus®. The 3-year guarantee, which previously applied to igus® energy chains and cables, proves that the guarantee is well received by customers. Last year, igus® already extended the guarantee on chainflex® cables to four years, and now the majority of other igus® products are following suit. The new regulation applies for up to four years from delivery or for the individually calculated number of double strokes or service hours per product – whichever comes first.

More safety and sustainability
igus® has always been committed to providing its customers with durable solutions that require little maintenance or service. “The long service life increases the customer’s resource efficiency and also saves important human and financial resources,” says Michael Blass, CEO of e-chain® Systems at igus®. With this guarantee, the plastics specialist not only offers its customers operational reliability, but also contributes to greater sustainability and resource-conserving management in the industry.

JOYN Debuts Alcohol Flush & Hangover Reducer at Urban Outfitters, Marking First Retail Partnership

New York, NY, June 28, 2024 — It is with sheer excitement that JOYN, a revolutionary dietary supplement designed to naturally fight alcohol flush and hangovers, declares its first official retail partnership with Urban Outfitters. The product has just been launched this week on the web and in fifty stores within the United States beginning next week. Socialites can use JOYN as their go-to solution for a carefree night.

Brynn Evans says, “We’re excited to partner with Urban Outfitters so that we can make JOYN accessible to more people. Urban Outfitters is known for being receptive to bold ideas and targeting the vibrant social community,” said Brynn Evans, CEO/Founder of JOYN. “This aligns perfectly with our mission of redefining ways of partying to offer a natural remedy for alcohol-related side effects.”

A Science-Backed Approach to Enjoying the Night
Developed by a team of scientists, JOYN is a meticulously formulated blend of natural ingredients scientifically chosen to support the body’s natural detoxification process and enhance alcohol metabolism.

DHM (Dihydromyricetin): This powerful antioxidant helps break down acetaldehyde, a primary toxin produced during alcohol metabolism, which can contribute to redness and other hangover symptoms.

L-Glutathione: A crucial detoxifying agent in the body, L-Glutathione helps reduce oxidative stress caused by alcohol consumption and supports liver health.

Bromelain: This enzyme derived from pineapple aids in digestion and may help alleviate nausea associated with hangovers.

Selenium: An essential mineral, selenium plays a vital role in liver function and supports the body’s natural detoxification pathways.

More Than Just Hangover Relief
JOYN goes beyond simply addressing the immediate discomfort of hangovers. The carefully selected ingredients offer additional benefits for long-term health:

Reduced Alcohol Flush: For those who experience the “Asian glow” phenomenon, JOYN can help mitigate facial flushing associated with alcohol consumption.

Liver Support: By supporting the body’s natural detoxification processes, JOYN may help minimize the burden placed on the liver by alcohol consumption.

Replenished Vitamins: Alcohol consumption can deplete vital vitamins. JOYN helps replenish lost vitamins, promoting overall well-being.

A Commitment to Natural Ingredients
Free from artificial ingredients, fillers, or stimulants, JOYN prioritizes a clean and safe formulation. This ensures a gentle and effective approach to mitigating the after-effects of a night out, allowing users to enjoy their social experiences without compromising their health.

Expanding Accessibility and Looking Forward: A Long-Term Partnership
JOYN’s launch at Urban Outfitters marks a significant step forward in making its innovative solution more readily available to consumers. This marks the first official retail partner for JOYN.

This initial launch serves as a stepping stone for a long-term collaboration between JOYN and Urban Outfitters. Both companies aim to solidify their partnership and expand JOYN’s presence in the retail landscape by gauging customer response and demand.

Minneapolis Top Workplaces 2024 Recognizes Daugherty Business Solutions

Minneapolis, MN, June 28, 2024 — The Star Tribune worked with employee engagement technology partner Energage to send out a third-party survey detailing 15 drivers of engaged company cultures critical to the success of any organization, including alignment, execution and connection.

About Daugherty Business Solutions
For over 38 years, Daugherty has been committed to driving innovation, growth and customer satisfaction across the nation while making a positive difference in the community. With software engineering, data analytics, business advisory services, and technology and delivery leadership, Daugherty delivers significant business results quickly and effectively. Leveraging proprietary tools, techniques, and virtual and regional development centers, Daugherty is a preferred strategic advisor and partner for the Fortune 500, helping customers achieve better and more predictable outcomes for mission-critical initiatives.