27, Oct 2023
Raunaq Yar Khan invited to witness the theatre play produced by Nelofar Currimbhoy in Delhi
Hyderabad, 27th October 2023 …..Raunaq Yar Khan, 9th Nizam of the Asaf Jahi Dynasty attends a theatre performance “Ananda – Eyes of The Healer ”, produced by Nelofar Currimbhoy. She is a director of the company “Shahnaz Hussain Herbals ‘. She is the daughter of “Herbal Queen” Shehnaz Hussain. With the musical drama, Ananda-Eyes of the Healer, Nelofar Currimbhoy ventures into the world of theatre.
Nelofar Currimbhoy, author and daughter of herbal beauty empress, Shanaz Hussain, has penned a narrative that blends emotions, music and spirituality.
The show titled “Ananda – Eyes of The Healer” is a musical drama. It is directed by Muzaffar Ali, choreographed by Shivani Varma and narrated by Kabir Bedi. Together, they lend richness to the art of storytelling.
The 9th Nizam’s participation in the event was much more than mere participation. Nelofer also hails from the top nobility of Hyderabad and her great grandfather, Sir Afsar Ul Mulk was the Commander & Chief of the Hyderabad State Forces of the Asaf Jahi Nizams. Hyderabad is also the birthplace of her mother beauty queen Shehnaz Hussain.
The Play is exceptionally creative and has P.M. Modi’s office requested seats in a sold-out auditorium.
The play, “Ananda-the Eyes of the Healer” is performed in Delhi today with a celeb dinner after party at the iconic Golf Club and it goes on the 27th too. The play is Directed by a celebrated producer of the iconic film “UmraoJaan” including music similar to his historic movie.
Says Nelofer, “We are honored to have His Excellency Raunaq Yar Khan, who the overwhelming majority of our Hyderabad 1 to 7 ruling Asaf Jahi Nizam’s descendants & legal claimants of the 9th have accepted as their 9th Nizam to head their royal family.
The 6th Nizam was foremost in promoting art and culture and Nawab Raunaq being his grandson has enjoyed our theatrical creation and has accepted to patronize and popularize my work in Hyderabad, a place I was away from through the nostalgic city of my mother’s birth”.
Speaking on this occasion Raunaq says: ” I’m excited promoting Nelofers work in Hyderabad as a favour to all art-loving Hyderabadis.
Raunaq Yar Khan is now reckoning in Delhi and also has another engagement on the 28th of this month at Meridian Hotel, Delhi. He and noted singer Padmashree Penza Masani will unveil a nationwide intellectual forum curated by Madhavi Advani.
Raunq will also participate in and grace celebrations of the Turkish Republic Day by the Govt of Turkiye at Taj Falaknuma.
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- By Rabindra
27, Oct 2023
75% of recruiters anticipate that skill-based hiring will take centre stage in the coming 18 months: HirePro report
Bangalore, 27th October 2023: With competition increasingly rife in the search for top-tier talent, resumes have traditionally stood as the fulcrum on which companies have relied to fulfill their recruitment efforts. HirePro, a leading AI-powered recruitment solutions firm, recently conducted a market study to examine the current landscape of resume-centric hiring. The findings highlighted in the report ‘No Resumes Please: Paving the way for talent-centric recruitment’ reveals the limitations of using resumes as a primary tool for hiring.
According to the report, a job posting approximately receives 250 applicants, but less than 10 get shortlisted. This means recruiters are significantly overburdened with resumes vis-a-vis job openings. It highlights that job seekers often adopt a ‘spray and pray’ approach, with a candidate approximately sending out 110 applications. As a result, overwhelmed recruiters may rush their decisions, leading to substandard hires and genuinely qualified candidates getting unintentionally overlooked.
The report uncovers that despite including a plethora of skills on their resumes, many candidates lack substantial professional experience or subject-matter expertise in those areas. A significant 56% of candidates claim proficiency in skills they have limited knowledge of.
Furthermore, the study highlights a concerning trend, with 85% of job seekers making false claims in their resumes, up from 65% a decade ago. The use of standard resume templates, ‘professional’ resume writers, AI tools like ChatGPT etc. exacerbate this problem. Consequently, recruiters have expressed their reservations on resumes, with merely 1% of recruiters relying solely on resumes.
Notably, the findings of the report reveals a trend where job descriptions are increasingly emphasising on behavioural skills, but this emphasis is not reciprocated in resumes. While a substantial 92% of job descriptions specify the need of behavioural attributes, only 38% of resumes actually mention these traits. Furthermore, while approximately 40%-45% of job descriptions mention behavioural requirements, a mere 6% of resumes mention behavioural attributes.
Over the past five years, recruiters have also shifted their focus areas while evaluating resumes. Five years ago, factors like job stability and keyword matching were considered critical, with a weightage of 49% and 39% respectively, which have since declined to 33% and 27% respectively.
Presently, emphasis is placed on individual assessments, which has surged from 26% to 49% over this period. Although relevant experience continues to be important, its significance has decreased from 63% to 48%. Additionally, with the emergence of generative AI and autocorrect tools, the importance given to formatting and grammatical accuracy has reduced from 19% to 14%.
The report also brought to light that making a career switch proves to be near impossible in a resume-centric hiring process. A substantial 60% of recruiters are hesitant to consider candidates who lack relevant experience, even if they possess certifications.
Consequently, 92% of career switches predominantly happen within the same organisation, as resumes play an insignificant role in such cases. In this scenario, candidates proactively acquire new skills, undergo training, earn certifications, and embark on a new career path in pursuit of new challenges.
However, they encounter a formidable barrier in the form of resume-based judgements when they seek new organisations as many recruiters assume that past experience is a reliable indicator of future success.
Commenting on the report, Mr. S. Pasupathi, Chief Operating Officer of HirePro, said, “Recruitment in today’s job market demands a fresh approach. Relying solely on traditional resumes has proven to be a precarious endeavour, carrying a high risk of leading employers astray. Surpassing resumes, skill assessments has become a more reliable tool in the recruitment process and prove to be a highly effective and efficient approach”.
“Candidates selected through skill assessments outperform their counterparts in their roles. Notably, our report highlights a substantial difference in performance review scores when comparing individuals hired through skill-based assessments with those hired through traditional methods. This serves as a strong indication that customised skill-based assessments are essential for bridging the skill gap in most organisations”, he added.
Within the IT sector, employees selected through assessments outperformed those who had been hired through traditional methods by a whopping 73%. An analysis of performance evaluations across different industries favoured skill assessments, showing that such candidates outperformed others significantly – 64% in GCCs, 97% in BPO (Support) and 46% in Start-ups.
The report also highlights how resume-centric hiring can lead to biases. With traditional recruiting methods, 44% of recruiters reported encountering biases related to factors such as the candidate’s educational background, prior experience, gender, location, and shared connections. However, by focussing exclusively on individual skill assessment, a reduction of 78% has been observed in the biases associated with conventional approaches.
Furthermore, resume-based hiring proves to be a tedious process for recruitment teams. Around 52% of interviewers find the most challenging aspect of recruitment to be screening candidates from a large pool of applicants. The integration of assessments has led to an 82% reduction in effort. This has streamlined the process as candidates with the highest skills rise to the top of the funnel, resulting in significantly improved success rates in subsequent rounds.
The report clearly indicates that the recruitment trend gaining credence is an emphasis on skills rather than pedigree. Presently, 90% of recruiter searches are skill-centric. While education and experience are used as initial screening criteria, assessments play a decisive factor in the hiring process. A significant 75% of recruiters anticipate that skill-based hiring will take centre stage in the coming 18 months. This year itself, 65% of recruiters have already prioritised skills over work experience. Companies are realising that candidates’ employability is chiefly determined by their skills, prompting a shift in recruitment procedures.
The study is fortified by the analysis of 40,00,000 candidate resumes, 3,000 job postings, a survey involving more than 3,000 hiring managers, and feedback from over 500 corporate customers.
Key takeaways from the report:
For each job listing, there are 250 candidates, only 10 get shortlisted.
75% of candidates don’t get past the initial screening, and 30% don’t get a chance despite having the required skills.
56% of candidates claim skills in their resume, that they barely know.
85% of job seekers make false claims in their resumes, up from 65% a decade ago.
70% of recruiters go through resumes but mostly rely on interview/candidate interaction.
92% of job descriptions specify behavioural requirements, and 38% of resumes mention behavioural traits.
92% of career switches happen within the organisation.
60% of the recruiters are not likely to consider candidates with non-relevant experience, even with certifications, while only 6% consider candidates for junior roles.
44% of recruiters observe bias in traditional recruiting methods.
78% reduction in recruiter biases after implementing assessments.
Candidates perform better when chosen via assessments as against traditional methods. Analysis of performance statistics proves such candidates exhibit a better performance – GCC (64%), startups (46%), IT services (73%), and BPO support (87%).
90% of searches by recruiters focus on skills; 75% of recruiters believe that skill-based hiring will be a trend; and 65% of recruiters now depend more on skills.
27, Oct 2023
McDowell’s No.1 Soda brings on the festive cheer in its latest TVC Yaarir Gaan
West Bengal, 27th October 2023: This festive season, McDowell’s No.1 Soda unveiled a TVC titled ‘Yaarir Gaan’ featuring popular celebrities and real life yaars Anirban Bhattacharya, Priyanka Sarkar and Arjun Chakraborty. In today’s fast paced world where connections often feel strained and distant, ‘Yaarir Gaan’ is a heartfelt tribute that emphasizes the importance of friends coming together and unlocking newer possibilities.
The film is based on a trio of childhood friends who share fond memories together celebrating countless festivals over the years. However, this year, their most cherished tradition takes an unexpected twist as one of their friends commits to spending the festival with some elderly people. Realizing the intention behind it and determined to keep the tradition alive, his two friends come together to celebrate and spread the festive cheer.
‘Yaarir Gaan’ beautifully captures the true essence of friendship and the sheer joy derived when friends come together, they can unveil a world of limitless possibilities. The film immerses us in the heartwarming dynamics of friendship, demonstrating that it’s not just about companionship but about the transformative power of togetherness.
Speaking about the campaign Varun Koorichh, Vice President Marketing at Diageo India, “Festivities at this time of the year often bring friends together and rekindles yaaris. It is also that time of the year when you are hopping through the city with your best friends and making memories for a lifetime. We believe that during these festive days, friendship has the power to unite, inspire, and uplift one another. The song, Yaarir Gaan, created in partnership with SVF is a beautiful celebration of this connection friends share. The song and the story woven through it is a tribute to the enduring strength of these bonds and the joy they bring during the festive season.”
27, Oct 2023
Edureka partners with PwC to offer course in ‘Applied Business Intelligence for Decision Making
CHENNAI, 27th October 2023: Edureka has partnered with PwC to present a cutting-edge course in Applied Business Intelligence for Decision Making. This meticulously designed course created by PwC is set to empower individuals with the skills and knowledge needed to make informed decisions and drive business success.
In today’s fast-paced business environment, data-driven decision-making is a crucial skill. The course in Applied Business Intelligence for Decision Making equips learners with the tools and techniques to harness the power of data for strategic decision-making. Through this comprehensive programme, learners will gain hands-on experience in creating robust reports and interactive dashboards using Power BI, a leading business intelligence tool.
Upon completion of the programme, learners will receive an industry-recognized certificate from PwC and Edureka. Furthermore, they will have the opportunity to join a global community of learners.
What sets this course apart is its real-world relevance. Guided by practical business scenarios, learners will dive deep into Power BI’s features — understanding how to apply them to solve real industry challenges. The course focuses on mastering best practices and project dynamics, ensuring that learners are well-prepared to tackle complex business problems with industry-standard solutions.
“We are excited to collaborate with PwC to bring this cutting-edge course to our learners. The Applied Business Intelligence for Decision-Making course aligns perfectly with our commitment to providing industry-relevant and practical learning experiences. We believe this course will empower individuals to excel in the dynamic field of business intelligence,” said Vineet Chaturvedi, CEO of Edureka.
The key highlights of the course are as follows:
Visual storytelling: Learn to create visually compelling narratives that effectively communicate insights derived from data.
Power BI connectivity: Explore multiple Power BI connectivity modes to work seamlessly with diverse data sources, enhancing decision-making capabilities.
Important and critical Features of Power BI: Unlock the potential of Power BI through a deep dive into its crucial features.
Working with Power BI Service and Server: Effortlessly navigate the realm of Power BI Service and Server for seamless data management.
Advanced Analytics with Power BI: Elevate your data analysis game with advanced analytics using Power BI’s cutting-edge tools.
Industry insights: Benefit from PwC’s expertise and gain valuable industry insights that can be directly applied to your professional journey.
By the end of the course, learners will be able to make data-driven decisions confidently and contribute to their organization’s success in meaningful ways. This course is ideal for professionals seeking to enhance their decision-making skills, business analysts, data enthusiasts, and anyone looking to stay competitive in today’s data-centric business landscape.
27, Oct 2023
getAbstract Announces Final Winners for Its 2023 International Book Award Business Impact and Learning Impact Categories
LUCERNE, Switzerland, October 27, 2023 – getAbstract, the world’s go-to platform for actionable knowledge and microlearning, recognizes titles that offer significant insights for people leaders in the L&D space with its ‘Learning Impact’ category and titles that provide business leaders and entrepreneurs with actionable knowledge in areas like leadership, technology, career, and more with its ‘Business Impact’ category.
The Business Impact Award winner is “More than a Glitch” by Meredith Broussard (MIT Press, 2023).
What the jury says: “An eye-opening, focused book in times of disruption through AI and the ever-increasing power of technology. Meredith Broussard makes us aware of the Race, Gender, and Ability bias that underlies every technology and illustrates her findings with many case studies. Outstanding.“ (Laura Lesum, Jury Member)
The Business Impact Readers’ Choice Award winner is “Living a Committed Life” by Lynne Twist (Berrett-Koehler, 2022)
What the jury says: “Lynne Twist survived self-doubt and sadness by adding meaning to her life. She set out with a huge goal – to end world hunger – and became a transformative example of what one individual driven by passion and commitment can accomplish. Your purpose can give your life context, Twist promises, and then she demonstrates how she fulfilled that promise.” (Erica Rauzin, Jury Member)
The Learning Impact Award winner is “The Psychological Safety Playbook” by Minette Norman & Karolin Helbig (Karolin Helbig, 2023)
What the jury says: “A crucial attribute of high-performing teams is whether its members feel engaged, seen, heard and trusted. The authors present an actionable playbook for team leaders so they can confidently and methodically implement critical behaviors that empower their team to achieve at the highest level.” (Brandon Carson, Jury Member)
The Learning Impact Readers’ Choice Award winner is “Coachability” by Kevin Wilde (Kevin Wilde, 2022).
What the jury says: “The people best positioned to give managers feedback are their employees. Yet many bosses are too arrogant or too proud to solicit feedback from their underlings. If you are the long-suffering employee of an overconfident, arrogant boss, you might consider anonymously leaving a copy of Coachability on your manager’s desk.” (Deirdre Cody, Jury Member)
Business Impact winners were announced on October 19, 2023, at the joint award ceremony with getAbstract’s media partner brand eins on the occasion of the Frankfurt Book Fair in Frankfurt am Main, Germany. Learning Impact winners were announced on October 25, 2023, at DevLearn in Las Vegas, USA.
27, Oct 2023
Nafs presents Qalb at Aza, Hyderabad
Hyderabad, October 27th, 2023: In the ethereal realm of fashion, Nafs by Rizwan & Shamsz proudly presented “Qalb” an enchanting collection that intricately weaves together the magnificence of Mughal and Middle Eastern architecture with contemporary finesse. Neeru Mohan, Mrs India 2020, celebrity makeover artist & hairstylist, Labelina De Salon; hosted the Qalb exhibition at Aza House, Banjara Hills, today. Qalb, meaning heart, embodies the essence of timeless elegance and resonates with the richness of bygone opulence while embracing the spirit of a new tomorrow.
Speaking on the occasion Rizwan said, me and Shamsz, started this label with the objective of catering to men wanting fashionable and apt wear, which is not very boring, is ethnic but still has a contemporary and modern touch to it. Our designs are very sexy, and modern, with a little bit of cheeriness, where in people can flaunt their style while staying true to their roots.
The inspiration behind Qalb is more of Mughal and Middle Eastern architecture, it has certain traditional work, like we gave a modern twist to zardozi, abstract rose, the mirror work is basic machine embroidery with zari work, but still it has a more modern touch to it, for the men of today.
These designs are for the festivities like Diwali, the response for our offerings is amazing in Mumbai. In Hyderabad we are exclusively available at Aza, as Aza is one of the prominent brands in the country, retailing so many young and established fashion designers and one of my favourite go-to brands for any of my fashion requirements and that’s the reason it’s the right fit for our brand.
Drawing inspiration from the mesmerizing lightning that streaks across the sky, the collection adorns diaphanous textiles with delicate metallic embroideries of thread and mirror work. Like clouds gracefully floating above, these embellishments add a touch of shimmer to the garments, symbolizing the perfect union of heaven and earth.
The essence of sheer play is explored through an array of easy ethnic silhouettes, exquisitely crafted for intimate festive soirees. Handspun Chanderi, a testament to age-old craftsmanship, is elevated with hand-dyed shibori textures, creating an artistic fusion of tradition and modernity. Further enhancing the allure, tonal chikankari surface ornamentation graces these exquisite fabrics, offering a sense of heirloom familiarity.
“Each Qalb ensemble echoes with a vintage soul, tenderly cradling the essence of a new era. Embark on this enchanting journey as we unfurl the pages of history, revealing the aspirations of tomorrow. We eagerly await the embrace of the discerning fashion connoisseurs in the ‘City of Pearls”, states duo Rizwan & Shamsz
Time-tested opulence meets the warmth of familiar traditions, creating an emotional connection that transcends generations. This harmonious blend represents the ever-evolving nature of fashion, where the past intertwines gracefully with the future.
Discover the timeless allure of “Qalb” by Nafs, where the heart meets the soul of fashion.
27, Oct 2023
HCLFoundation’s Sports for Change athletes secure Silver at Asia Rugby U18 Sevens Championship 2023
CHENNAI, India, Oct 27, 2023— In a remarkable display of talent and determination, NS Akshaya and V Divya, both hailing from Tamil Nadu, achieved international recognition by representing India at the prestigious Asia Rugby U18 Sevens Championship 2023. Their exceptional performance at this global sporting event earned them a well-deserved silver medal, highlighting the excellence of Indian rugby on the world stage.
Akshaya and Divya’s journey into rugby began with their participation in the transformative Sports for Change initiative, a program under HCLFoundation, which delivers the corporate social responsibility agenda of HCLTech in India. The duo made the transition to rugby from kho-kho under the coaching of Guna Sekaran Kumar, a certified rugby coach. Their performance at national tournaments representing Tamil Nadu between 2021 and 2023 caught the attention of selectors, earning them places among the top 27 rugby players in India.
“Making it to the national team was an exceptional feat and hearing our national anthem play during the award ceremony was a moment I’ll forever hold dear,” said V Divya, who plays as the fly-half for the team and is pursuing Bachelor of Science in Sports Biomechanics and Kinesiology.
“Empowering lives through education, sports and holistic development is not merely our mission, but a steadfast commitment to creating a brighter, more inclusive future. At HCLFoundation, we believe in the transformative power of education and sports to uplift communities and foster sustainable growth. Through innovative initiatives, we strive to address critical social challenges, ensuring that individuals have the tools and opportunities they need to thrive and no one is left behind,” said Dr. Nidhi Pundhir, Vice President, Global CSR, HCLFoundation.
Ahead of the Asia Rugby U18 Sevens Championship 2023, Akshaya and Divya underwent a rigorous 45-day training program at KIIT University, Bhubaneshwar, which helped them earn spots in the national rugby team.
From tailored nutrition plans to logistical assistance on and off the field, HCLFoundation’s holistic approach ensured that Akshaya and Divya had every opportunity to excel.
27, Oct 2023
Hyderabad gets ready to celebrate festivities with Amazon Xperience Arena
Hyderabad, 27th October,2023: Amazon.in announced that Telangana has shown remarkable growth witnessing 2x demand for televisions and an increase of more than 60% in 5G smartphones being sold during the festive period, making it one of the top-performing regions in the TV and Smartphone categories for Amazon India. Fueled by financial schemes such as no-cost EMI, the state is amongst the top regions that continue to see customers opting for premium smartphones and large-screen televisions.
Customers in Hyderabad also got a glimpse of Amazon Great Indian Festival 2023 at the Indian Institute of Technology, Hyderabad with the ‘Amazon Xperience Arena’ (AXA) on 26th October. This one-of-a-kind showcase gave media, influencers and customers a chance to experience their favourite brands and products while participating in fun engagements. Across the seven interactive zones at the event, customers competed to win exciting rewards and a chance to interact with their top brands across categories.
Commenting on the occasion, Ranjit Babu, Director, of Smartphones and Televisions, Amazon India said, “We’re thrilled to introduce the Amazon Xperience Arena to our customers in Hyderabad. The city of Nawabs is amongst the top-performing metros for the Smartphone and Television category. As the people of Telangana continue to shop for their favorite products during the festive season on India’s most preferred, trusted, and loved online marketplace, we’re humbled to see continued growth in the region. With the customer’s inclination increasing towards premium smartphones and televisions, we at Amazon India continue to provide attractive affordability options such as no-cost EMI, bank discounts, Apay rewards, cashback, and exchange offers, along with an array of the best-in-class products from all major brands.”
Here are some trends across Smartphones and television businesses observed on Amazon.in across Telangana and Hyderabad:
Smartphones
- 5G upgrades are on an upward trajectory: In Hyderabad, the share of 5G smartphones grew to over 65% in October 2023 during the festive period (vs 40%+ in 2022)
- Smartphone business experiencing significant growth: Double-digit growth has been witnessed across Hyderabad in the 10-20k smartphones driven by 4G to 5G upgrades
- Premiumization as a trend continues: The above 30k price segments have also seen double-digit growth due to affordability options such as No Cost EMI and Exchange offers
- Brand preference: During the ongoing Amazon Great Indian Festival 2023, top bestseller models across Hyderabad are iPhone 13, OnePlus Nord CE 3 lite 5G, iQOO Z7 Pro 5G, OnePlus 11R 5G, Samsung Galaxy M14 5G and Redmi 12 5G
Televisions
- Telangana has set a new record: In 2023, Telangana emerged as the fastest-growing market on Amazon India in Q3 2023 and consistently ranked #1 with Hyderabad being amongst the top 3 cities for TV sales pan India
- Demand for large screens on the rise: Customers are showing a stronger preference for 4K TVs. There has been a massive growth in the demand for large screens mostly 55 inches & above. QLED and OLED TVs have seen an exceptional growth of over 2x YoY in both Telangana and Hyderabad in 2023. One in three customers benefited from zero-interest EMI options provided on Amazon
- Brand preference: Sony, Samsung, and LG are the most preferred brands among customers in the region
Telangana is a key market and has played a vital role in Amazon’s growth in India. Amazon’s largest corporate building in the world is in Hyderabad, India. The Hyderabad Campus is Amazon’s first owned office building outside of the U.S. Over the years, Amazon has invested in creating a robust physical infrastructure across India and in Telangana. Today, Amazon has six large fulfilment centres and one sortation centre covering more than 1.75 lakh sq. ft. of processing area along with nearly 70 Amazon-owned and Partner Delivery Stations and more than 1800 ‘I Have Space’ stores. Amazon has close to 50,000 sellers from the state selling everything from apparels, sports goods, hosiery items, consumables, and a lot more on Amazon.in. These investments in infrastructure are helping sellers from Telangana deliver to customers from across the country and are also creating employment opportunities across the state.
Recently, Amazon.in announced ‘Extra Happiness Days’ – Co-powered by realme narzo. Customers shall have an opportunity to buy the latest products across categories from top brands with great deals and offers. Amazon Great Indian Festival – ‘Extra Happiness Days’ brings special deals and offers from sellers on the widest selection of Smartphones, Televisions, Gaming components, Large Appliances, Audio, Health and personal care products, Gourmet food, Baby products, and more. Customers will get special offers on a wide range of products from realme, Nvidia, Haier, Pedigree, Ferrero, Hershey’s, Pampers, JBL, and Gillette among others.
Amazon.in, in collaboration with Digit, has also introduced the “Smartphone Genie” product finder (Experience is live only for mobile app users), a new interactive widget aimed to simplify the way consumers make informed smartphone purchase decisions, ensuring they buy the right smartphone tailored to their unique needs. With the Smartphone Genie, finding the perfect phone becomes a breeze, thanks to a streamlined four-step process.
27, Oct 2023
Ahmed bin Saud Al Qasimi inaugurates Ni Met Recycling, marking a milestone in the Emirate’s vision for a circular economy
Ras Al Khaimah, 27 October 2023: Sheikh Ahmed bin Saud Al Qasimi, Chairman of Ras Al Khaimah’s Public Services Department, inaugurated the state-of-the-art stainless-steel and non-ferrous scrap recycling facility Ni Met Recycling.
Present at the ceremony were Anil Shah, Chairman and Managing Director of Ni Met Recycling, Sheikh Mohammed bin Humaid Al Qasimi, RAKEZ Managing Director, and other senior officials from various entities, to witness the opening of the cutting-edge establishment. The facility boasts an investment of around AED 40 million and spans a vast area of 29,900 m2 within RAKEZ’s Al Ghail Industrial Zone.
Ni Met Recycling adopts a comprehensive approach to recycling, covering not only stainless steel but also ancillary metal scraps. With a primary focus on recycling stainless scrap, low and high nickel alloys, chrome, molybdenum, and various other recyclable metals, the company plays a pivotal role in sustainable resource utilisation. Their commitment to environmental responsibility extends to the global market, as the final recycled products find their way to numerous end-users, particularly in regions like India, Europe, and various Southeast Asian countries.
This commitment to sustainability goes hand in hand with Ni Met Recycling’s dedication to contributing significantly to Ras Al Khaimah’s and the UAE’s broader sustainability and environmental goals. The company’s vision aligns with the UAE Net Zero 2050 strategic initiative, emphasising the transition to a circular economy. In doing so, Ni Met Recycling not only benefits the global market but also plays a crucial role in contributing to the UAE’s ambitions for a more sustainable and environmentally conscious future.
Mr Shah stated: “Ras Al Khaimah is witnessing rapid development; in such a short period of time, the Emirate, with the support of RAKEZ, has achieved remarkable progress and prosperity in this region. Ni Met Recycling is proud to be a part of this journey, contributing to the circular economy and aspiring to become one of the largest manufacturers in the region, producing quality products for export worldwide.”
“The decision to establish our recycling facility in Ras Al Khaimah was influenced by various factors, including the availability of large industrial plots and the streamlined support provided by RAKEZ. The efficient processes and timely issue resolution by the economic zone played a pivotal role in the swift establishment of Ni Met Recycling’s operations,” he added.
Ramy Jallad, RAKEZ Group CEO, said: “At RAKEZ, we are committed to fostering growth, innovation and sustainability. Ni Met Recycling’s inauguration in Ras Al Khaimah, coinciding with the UAE’s Year of Sustainability, and its preparations for hosting COP 28, is a clear testament to our shared vision and commitment to a sustainable and prosperous future. The company’s decision to establish its facility here in Ras Al Khaimah underscores the strategic advantages our emirate offers. We are genuinely excited about their long-term prospects and the potential they hold to significantly contribute to the continued growth of our region and its sustainability goals.”
With a vision to bolster the UAE’s green recovery, Ni Met Recycling is planning to expand its recycling capacity and explore the possibility of setting up a melt shop, which would lead to the production of stainless steel in Ras Al Khaimah — an opportunity that has the potential to revolutionise the region’s industrial landscape and contribute to enhancing its sustainability.
27, Oct 2023
HMD Global launches Nokia 105 Classic with Stylish design and UPI payments starting
27th October 2023, Mumbai, India – HMD Global, the home of Nokia phones, today announces an exciting addition to its market-leading feature phone portfolio with the new Nokia 105 Classic. The phone comes with an inbuilt UPI application, combining the trusted reliability of Nokia phones with the convenience and accessibility of UPI, enabling users to securely and seamlessly perform UPI payment transactions even without a smartphone.
Nokia 105 Classic comes with an assured one-year replacement guarantee. Featuring wireless radio, incredible battery life, simplicity and accessible price points, the device offers the reassurance and reliability expected from a Nokia phone.
Ravi Kunwar, VP- India & APAC, HMD Global said “We are excited to launch an exciting upgrade to market-leading feature phone with the new Nokia 105 Classic, more relevant than ever with a stylish new design and the UPI feature. With the feature-packed Nokia 105 Classic, we strive to bridge the digital divide and enable financial access for all.”
Designed to Keep You Connected
Nokia 105 Classic has undergone rigorous durability testing to withstand even the toughest environments, ensuring uninterrupted connectivity no matter the circumstances. The carefully considered spacing between each button on the keymat makes it easy to dial and text, even in the dark.
Enhanced User Experience and Improved Audio
Nokia 105 Classic’s ergonomic design and compact shape are specially moulded to feel great in the hand and easily slip into your pocket when you’re on the go.
Battery for Days
Nokia 105 Classic is equipped with an 800mAh battery, providing extended standby time and allowing for uninterrupted conversations from sunrise to sunset.
Entertainment and Functionality
Nokia 105 Classic comes loaded with features designed to keep users entertained and productive. It offers a wireless FM radio, allowing users to listen to their favourite stations without the need for a headset.
Built to Last
Nokia understands the importance of durability, and each Nokia phone is meticulously tested to ensure it can withstand the challenges of daily use. The Nokia 105 Classic is no exception, built with passion and designed to deliver exceptional performance even in the most demanding situations.
Pricing and Availability
Nokia 105 will be available in India starting today in four variants Single SIM and Dual SIM, with & without charger respectively. The Nokia 105 is available in two colour options, Charcoal and Blue.
