Absolute Storage Management Voted Best of Business by Inside Self Storage Voters

Memphis, TN, August 21, 2023— In the competitive self-storage industry, rising above the rest requires an unwavering commitment to exceptional service, industry expertise, and a customer-centric approach. Absolute Storage Management (Absolute) has repeatedly proven that it possesses all these qualities and more, earning the prestigious title of “Inside Self Storage’s Best of Business” for the second time.

Inside Self Storage (ISS) is a leading industry organization that conducts an annual survey to identify the best-performing companies within the industry. To be recognized as “Inside Self Storage’s Best of Business,” companies must undergo a thorough evaluation and selection process and then be voted on by Inside Self Storage voters.

Absolute was designated as one of the industry’s operational experts. This designation emphasizes the company’s dedication to operational excellence within the storage industry and highlights the validation provided by peers in the field.

“This recognition reaffirms our unwavering commitment to excellence and efficiency in every facet of our business. Our team’s dedication to living out our core values has propelled us to this achievement, and it serves as a testament to the power of teamwork. We will continue to strive for operational excellence, setting new standards and pushing the boundaries of success.” – Scott Beatty, CEO

Absolute Storage Management is a private third-party management company in the storage industry specializing in flexible self-storage management, adapting its techniques to the local market, property type, and client preference. With over 140 locations spanning traditional drive-up facilities in rural communities to new build, multi-story urban locations, Absolute’s team has the expertise to maximize profit in each unique location. Recognizing the ever-changing dynamics of the self-storage sector, Absolute has consistently invested in the professional development of its team members. Their staff undergoes rigorous training to stay updated with the latest trends, best practices, and regulatory changes in the industry. This commitment to knowledge and expertise has enabled Absolute to offer tailored solutions that perfectly cater to the unique needs of its diverse clientele.

Absolute Storage Management’s consistent recognition as “Inside Self Storage’s Best of Business” reflects its unparalleled commitment to excellence, customer satisfaction, and industry expertise. By embodying a customer-centric approach and staying at the forefront of industry trends, Absolute remains a premier management option in the self-storage business. This paragraph feels repetitive to the ones above.

Meet the Top Entrepreneurial Mentors Revolutionising the Start-Up Scene

On the occasion of India’s 77th Independence Day, honourable Prime Minister Narendra Modi expressed a visionary goal for India’s scaling to become the world’s third-largest economy. His speech shows India’s unwavering resolve to achieve significant global economic status. In terms of changing India into the world’s fastest-growing economy, spectacular growth in the development of entrepreneurs is being observed.

According to a recent report published by the Ministry of Commerce and Industry data, more than 92,600 organisations have been recognised as startups since the launch of Startup India program by the government in 2016. Entrepreneurs are successfully gripping industry gaps with cutting-edge technology, inventive ideas, and expertise.

One of the major factors contributing to this success is the beginning of diverse entrepreneurial platforms that offer mentorship to aspiring business owners or entrepreneurs. These platforms nurture young entrepreneurs, providing them with essential tools to navigate the complexities of the business landscape. It gives an opportunity to connect with business leaders who boast a proven track record. These emerging entrepreneurs gain access to a treasure of contacts, potential investors, and customers, thereby expediting the process of scaling.

These organisations are not only offering guidance, but they also act as Guru’s for the next generation of business visionaries. By sharing their extensive experience, innovative strategies, and proven methodologies, they are nurturing an environment where audacious goals can be pursued with confidence and success.

Here is a snapshot of some of these trailblazers:

Entrepreneurs Organisation (Gurgaon Chapter): It is an exclusive entrepreneurial community that comprises peers specializing in diverse industries. As a distinguished division of the world-renowned EO with the 115 members of the chapter. EO Gurgaon has been providing young and budding entrepreneurs with a plethora of experiences since 2015. Benefit from strong and resilient mentorship, customized learning programs, and access to global networking events – all of which play an impactful role in the new-age entrepreneurial structure.

TiE (The Indus Entrepreneurs) TiE Delhi-NCR: TiE has emerged as a globally recognized platform fostering entrepreneurship. In India, its chapters provide a dynamic space for networking, mentorship, and education. By bringing together industry leaders, investors, and startups, TiE facilitates meaningful connections that drive innovation and growth.

NASSCOM’s 10,000 Startups: NASSCOM’s initiative is geared towards accelerating the growth of startups in India. Through partnerships, mentorship, and access to resources, 10,000 Startups empowers entrepreneurs to navigate challenges and seize opportunities in a rapidly evolving business landscape.

Indian Angel Network (IAN): IAN is India’s first and one of the largest angel investor networks. Beyond funding, IAN offers startups strategic mentorship, operational guidance, and invaluable market insights, ensuring that entrepreneurial ventures are built on a solid foundation.

Incubators and Accelerators: A multitude of incubators and accelerators, such as T-Hub, 91springboard, and Investopad, are fostering innovation by providing startups with access to infrastructure, mentor networks, and investor connections, vital for their growth journey.

These platforms are not only steering the trajectories of entrepreneurs but also collectively driving India’s economy towards unique growth. The combination of networking and mentorship is necessary for any entrepreneur. India’s growth economy presents a huge opportunity for budding entrepreneurs, and exposure to an established entrepreneur ecosystem across a myriad of industries can be invaluable. By bringing ahead services like professional entrepreneurship communities, opportunities, learnings, and connections of a lifetime can be made available to first-time entrepreneurs.

Haldiram’s Restaurant continues its expansion in Hyderabad

Hyderabad, August 19, 2023: Haldiram’s, a leading Indian chain of Restaurants and Sweets outlets, did a grand opening of its new store in Attapur, Hyderabad, today. This store marks Haldiram’s continued expansion into new markets and its commitment to providing authentic Indian flavours keeping their promise of quality products and exceptional customer service.

Located in the bustling area of Attapur right near to pillar no 181, the store gives its customers an unforgettable experience, Haldiram’s Restaurant offers full flavours of Indian Cuisine which brings to you a delicious fusion of the traditional and the new. Loved by all, The Raj Kachori, Chole Bhature, Pani Puri, Pav Bhaji, Palak Patta Chat, Chole Kulcha Sandwich and loads of lip-smacking dishes are served right on your table. Jain food options are also available along with some delicious treats like Pinnanza for our young connoisseurs. All these amazing dishes will be delivered right at your doorstep through Swiggy and Zomato.

The new store was inaugurated by Mr Shubham Shukla – Head Marketing (Retail). Mr Shukla stated, “We are delighted to announce the grand opening of our new store in Attapur, Hyderabad, which marks another significant milestone for Haldiram’s. Our aim is to provide customers with a range of delicious snacks and sweets, coupled with an immersive and unforgettable experience. We are excited to bring the flavours of Indian Cuisine in Attapur.

With more than 80 years of experience in the Indian snack and sweets industry, Haldiram’s has become a household name in India and globally, with a vast and loyal customer base. The company’s expansion into new markets is a testament to its continued success and popularity.

The new Haldiram’s store in Attapur, Hyderabad has 96 People seating capacity built in 4000 sq ft area one of the biggest and grandest in the city marking a milestone in a total of 200+ stores across India.

The third of four Royal Stag Boombox original music tracks to be released across platforms

August 19, 2023: Royal Stag Boombox, in collaboration with Viacom18, is all set to bring a completely new genre of music where the melody of Bollywood meets the gully of hip hop creating the original sound of generation large. Music evokes emotions in people across generations, making it a significant passion pillar for Seagram’s Royal Stag. In this modern era, the younger audience is more inclined towards exploring exciting new forms of music. Celebrating the spirit of ‘Living it Large’ and having enthralled thousands of music lovers in Manipal, Bhubaneshwar, Pune, Indore & Dehradun with its unique on-ground experiences, Royal Stag Boombox enters its next phase with launch of 4 original music tracks. The third original music track to be released is a unique collaboration between music maestro, Amit Trivedi and the spunky rapper SlowCheeta.

The new song ‘Mohabbat’ reinforces our belief in the most powerful emotion ever known to us – LOVE. Amit Trivedi plays the love guru (philosopher) and coaxes a nervous fresher, SlowCheeta, to express his love freely. This song is a perfect blend of Desi melody and Hip-Hop beats and showcases the different phases of falling in love.

It’s the third original song under the series of Melody x Hip Hop music tracks to be released across platforms, as part of Royal Stag Boombox’s unique, phygital format.

Rapper SlowCheeta shared, “Royal Stag Boombox is an incredible platform where artists like us can come together to collaborate and express ourselves. The opportunity to work with an icon like Amit Trivedi and create something as special as this track is priceless. I am going to cherish this for a long time.”

Music composer and singer Amit Trivedi added “I had a lot of fun making Mohabbat with SlowCheeta. It’s a lovely song that captures the entertaining vibe of Bollywood music combined with the energy of rap. Royal Stag Boombox is doing a great job bringing such fresh new sounds to the audience.”

Music is a significant passion pillar for Seagram’s Royal Stag and today’s youth tilt towards exploring exciting new forms of music. Contemporary genres such as hip-hop are becoming increasingly popular, while Bollywood melodies remain integral to the youth’s cultural milieu. Royal Stag Boombox intends to stir the imagination of this generation, blending music they have inherited – Bollywood scores, with the genre that speaks to them, Hip Hop. The third song, Mohabbat is live on YouTube, social and major audio platforms.

Global Fintech Fest 2023 Set to Emerge as World’s Largest Thought Leadership Platform

Bangalore, August 19, 2023: The Global Fintech Fest (GFF), emerging as the world’s largest fintech conference, is back with its second physical edition. GFF 2023 is scheduled on September 5 – 7, 2023, at the Jio World Convention Centre, Mumbai. The theme of this year’s conference is ‘Global Collaboration for a Responsible Financial Ecosystem: Inclusive | Resilient | Sustainable’.

GFF 2023 is supported by the Ministry of Electronics and Information Technology (MietY), the Department of Economic Affairs (DEA), Ministry of Finance, the Reserve Bank of India (RBI), and the International Financial Services Centres Authority (IFSCA) and is organized by the Payments Council of India (PCI), Fintech Convergence Council (FCC), and National Payments Corporation of India (NPCI).

Among the leading international agencies which are partnering with GFF 2023 are the World Bank, the Global Knowledge Partnership on Migration and Development (KNOMAD), the Consultative Group to Assist the Poor (CGAP), and Women’s World Banking. Australia, Brazil, Great Britain, Germany and Israel are the Country Partners of GFF 2023.

Among stalwarts from India who will share their insights at the GFF 2023 are Smt. Nirmala Sitharaman, Minister of Finance, Government of India; Shri Piyush Goyal, Minister for Commerce and Industry, Textiles and Consumer Affairs, Food and Public Distribution, Government of India; Shri Shaktikanta Das, Governor, Reserve Bank of India; Smt. Madhabi Puri Buch, Chairperson, Securities and Exchange Board of India (SEBI); Shri Debasish Panda, Chairperson, Insurance Regulatory and Development Authority of India (IRDAI); Shri K Rajaraman, Chairperson, International Financial Services Centre Authority (IFSCA); Dr. Vivek Joshi, Secretary, Department of Financial Services, Ministry of Finance, Government of India, Shri Dinesh Kumar Khara, Chairman, State Bank of India Mr. Vijay Shekhar Sharma Founder & CEO, Paytm; Mr. Kunal shah Founder, CRED and many other policymakers, regulators and industry captains.

Not only from India, global luminaries from the fintech and finance ecosystem will also converge at GFF 2023. Among them will be: Mr. Maha Prasad Adhikari, Governor, Nepal Rastra Bank; Dr. Maxwell Opoku-Afari, First Deputy Governor, Bank of Ghana; Soraya M Hakuziyaremye , Board Vice-Chairperson and Deputy Governor, National Bank of Rwanda; Mr. Aleksi Grym, Head of Fintech, Bank of Finland; Mr. Eduardo Enrique Torres Llosa Villacorta, General Manager, Central Bank of Peru; H.E. Khaled Al Basias, Director Financial Sector Development, Saudi Central Bank; Ms. Doris Dietze, Head of Division, Federal Ministry of Finance, Germany; Mr. Masaki Bessho, Head of FinTech Centre, Payment & Settlement Systems Department, Bank of Japan; Mr. Andy White, Chief Executive Officer, Australian Payments Network (AusPayNet) and Mr. Thomas Kurian, Chief Executive Officer, Google Cloud.

Highlights of Global Fintech Festival 2023:

3 days | 13 tracks | 800+ Speakers | 15+ Thought Leadership Reports |81 Academic Papers| 50+ Workshops | 125+ Countries | 250+ Sessions | 250+ Investors |500+ exhibitors |150K Sq. Ft Exhibition Area|3 Hackathons| 50000+ Delegates

Explaining the key objective and vision of GFF 2023, Mr. Kris Gopalakrishnan, Chair, Advisory Board, GFF 2023, Chairman Axilor Ventures and Co-founder Infosys, said, “At the Global Fintech Fest 2023, we converge as orchestrators of transformation, bringing together diverse stakeholders onto one platform to engage in discussions and debates concerning the future of the industry. Our vision extends further than just embracing innovation; it encompasses nurturing ingenuity within our startup community, cultivating an environment where every stakeholder can flourish and be part of a journey towards building an ecosystem that fosters growth, inclusivity, and collaborative progress.”

“The Global Fintech Fest has been a testament to the fintech community’s prowess, showcasing success stories and milestones that inspire us all. Our commitment to promoting collaboration, innovation, and growth has never been stronger. Through this platform, we invite industry leaders, startups, and investors to seize networking opportunities and forge partnerships that will define the future of finance. Together, we will embrace cutting-edge technologies, data privacy and cybersecurity as the cornerstones of trust in our evolving landscape,” said Ms. Praveena Rai, Chief Operating Officer, National Payments Corporation of India (NPCI).

Mr. G Padmanabhan, Former Executive Director, Reserve Bank of India, Former Chairman, Bank of India and Advisory Board Member, Global Fintech Fest 2023, underlined how the conference was aligned with India’s economic progress: “Global Fintech Fest 2023 is going to be the most vibrant celebration of the industry’s exponential growth. We aim to create more than just a fintech engine and the event is expected to architect a powerhouse that would propel India towards a $30 trillion developed economy by 2047. In this endeavour, we are committed to establishing a sustainable, inclusive, and affordable ecosystem that serves as the destination of first choice for foreign capital to invest and participate in India’s transformation into a developed nation”

“The fest since its inception has been showcasing breakthroughs and fostering connections that transcend boundaries. In an era where partnerships drive prosperity, this gathering empowers us to pioneer solutions that navigate regulatory complexities, ensuring a nurturing environment for fintech’s growth. As we celebrate women in fintech, in GFF 2023, we acknowledge their pivotal role and strive to amplify their influence. The fest’s interactive workshops offer a first-hand glimpse into fintech’s dynamic landscape, where technology is not just a tool, but a transformative force. We honour exceptional contributions, driving our industry forward, and emphasize that data privacy, cybersecurity, and trust aren’t just buzzwords – they’re the foundations of fintech’s future,” said Mr. Srinivas Jain, Executive Director & Head of Strategy, SBI Mutual Fund and Advisory Board Member, Global Fintech Fest 2023.

Mr. Naveen Surya, Organiser and Advisory Board Member, GFF 2023 and Chairman, Fintech Convergence Council said, “India has proven its leadership in the international fintech landscape by being the 3rd largest ecosystem in the world. As our country gears up to move up to the largest top three economies, the fintech ecosystem would also play an important role and is all geared up for global leadership. Global Fintech Fest 2023 is our effort towards setting up India as the largest thought leadership platform and collaborating with the world and also fostering responsible innovation. We are looking forward to working with the global fintech ecosystem and delivering a future-proof model suitable for the two third of the financially excluded population across the globe.”

While PricewaterhouseCoopers (PwC) is the Knowledge Partner of GFF 2023, the Boston Consulting Group (BCG) is the thought leadership partner.

Global Fintech Fest 2023 will witness policymakers, regulators, administrators, and industry leaders from India and around the world engaging in invigorating discussions on fostering extensive collaboration for a robust and resilient financial ecosystem.

Also instituted under the GFF 2023 are the Global Fintech Awards (GFA), which honour and celebrate the success of fintech companies worldwide. GFA recognize outstanding emerging start-ups, disruptive technologies, unique business models and innovative founders and entrepreneurs across the globe. Fintech companies, financial institutions and start-ups can nominate their works for Fintech Awards in 21 diverse subcategories under 3 classifications.

Dollar Industries Limited Announces Q1 FY24 Results

Kolkata, 19th August, 2023: Dollar Industries Limited, one of the leading Garment & Hosiery companies in the country has announced its financial results for the quarter ended 30th June, 2023.

Highlights for Q1FY23 Standalone Financials

“The financial results for the first quarter of FY23-24 indicates that the Company has given favorable margins as compared to previous quarter Q4FY23.The year 22-23 was very challenging for hosiery industry due volatile raw material prices and high-cost inventory and it had a domino effect on our Q1FY24 financial results as well if we compare it with Q1FY23. But things have started to stabilize now and the effect of the same can be seen in our margins which has improved from previous quarter. Overall, we expect FY24 to be good with increased demand for the products and controlled raw material prices will help us to maintain our margins.Our commitment to sustainability remains a top priority. We continue to implement environment-friendly practices throughout our operations, focusing on reducing our carbon footprint and promoting responsible manufacturing processes. For this company has planned a capital expenditure of Rs 35 crore towards power generation capacity through Solar Power which would generate 6 MW of power. This capital expenditure would help us in reducing our operational cost and will improve margins”, said, Mr Vinod Gupta, Managing Director, Dollar Industries Limited.

The company’s flagship Project Lakshya has done well and has increased the share of revenue contribution in the domestic sales from 19% in FY23 to 27% in Q1FY24. It has shown volume growth of 13% on a Y-o-Y basis. The company has added 20 distributors in Q1FY24 under project Lakshya. The company has also started rollouts of Distributors in Tamil Nadu and Kerala. We are

confident of our long-term growth on the back of Project Lakshya, industry and economic drivers”, said Mr Ajay Kumar Patodia, Chief Financial Officer.

Dollar is poised to open 125 Exclusive Brand Outlets mostly in Tier 2 & Tier 3 cities by 2025. These outlets are a one-stop destination for all Dollar products and will cater to the hosiery needs of men, women, and kids. Currently, 17 such EBOs are operational.