Archive: October 17, 2022

Dress for Success Tampa Bay is “Going Places” for Annual Luncheon

Tampa, FL (October 17, 2022) — When a woman is empowered, the heights she can achieve and the places she can go are unlimited. This year, “We Are Going Places” is the theme of Dress for Success Tampa Bay’s annual luncheon and fundraising event, taking place from 11:00 AM to 1:30 PM ET on Wednesday, October 19, 2022, at the Bryan Glazer Family Jewish Community Center, 522 North Howard Avenue in Tampa. All proceeds will go directly to supporting the nonprofit’s mission of service.

Katie McGill, Executive Director of Dress for Success Tampa Bay, said, “The Dress for Success annual luncheon continues for 24 wonderful years. We are still going places, and we look forward to the future.”

The nonprofit organization’s flagship event will include a sit-down plated lunch, a speaker panel of women in the travel industry including Melissa Solberg, Laura Tatem, Elita McMillon, Susana Figueredo, and Jacqui York, as well as a silent auction. Bay News 9 Meteorologist Josh Linker and LaFern Batie, The Batie Group, will serve as Masters of Ceremonies. Sponsors include Adecco Foundation, TCM Bank N.A., Tampa Housing Authority, Hillsborough County, Saint Leo University, The Links Incorporated Tampa Chapter, Sky Strategic Marketing, FramedUp Productions, The Marvelous Real Studio, Cru Cellars, In Style Home Interiors, Est with Love Wedding Planning, Berkshire Hathaway Home Services Tony Howard, and Macy’s.

Event Chair and Dress for Success Tampa Bay Board Member Tanya Cielo said, “I’m really excited to hear the speakers share their stories. Being a part of this inspiring event warms my soul!”

Since its inception in 1998, Dress for Success Tampa Bay has provided interview attire for more than 30,000 local women. In addition, Dress for Success Tampa Bay also offers career search assistance, job skills training, and other development tools to help women thrive in work and life.

Dress for Success Tampa Bay relies on grants, donations, and fundraising events to continue offering programs and services locally. All donations are tax-deductible. Find more information about the annual luncheon and other upcoming events at https://tampabay.dressforsuccess.org/ or on social media @dressforsuccesstampabay.

SentBe Named 2022 Inclusive Fintech 50 Winner

Seoul, South Korea, October 17, 2022 – SentBe Inc., South Korea’s leading fintech company specializing in cross-border money transfer, announced today that it has been named in the fourth cohort of Inclusive Fintech 50 (IF50). IF50 is a global innovation competition that aims to identify and elevate cutting-edge emerging inclusive fintech companies that have the potential to drive financial inclusion. IF50 highlights high-potential start-up fintech companies addressing limitations in financial services for unserved or underserved customers.

Founded in 2015 with a mission to “build borderless finance for more,” SentBe is a fintech company providing innovations in international transactions both for consumers and businesses. As recognized by IF50, SentBe’s customer-to-customer (C2C) money transfer service of the same name has made an impact on the market. While driving growth by becoming one of Korea’s top digital remittance services in terms of transaction volume, SentBe has been strategically managing its impact in financial inclusion by focusing on inclusivity, affordability, and accessibility. Based on the efforts, SentBe was selected as one of the 50 winners from a global pool of hundreds of eligible applicants.

Among SentBe’s total active users, 69 percent appear to have nationalities of, and send money to, low and middle-income countries. Given the fact that only twenty-seven percent of registered foreigners in Korea are migrant workers from lower-income countries, SentBe targets and serves one of the minor demographic segmentations.

SentBe’s fee is up to eighty percent lower than the fees of Korean banks. In total, SentBe’s accumulated transaction amount has reached 93 million USD as of 2022. In addition, SentBe’s fee rate, 1.2 percent of the total remittance amount on average, has already exceeded one of the United Nation Sustainable Development Goals (UN SDGs), which aims at reducing fees to less than 3 percent of the transaction costs of migrant remittances by 2030.

Sixty-four percent of SentBe’s total transactions by migrant users were made during times when banks are closed. This demonstrates SentBe’s advantage in usability, as the service is available 24 hours a day, seven days a week. Seventy-four percent of SentBe’s transactions were also completed within a day, even on weekends.

“SentBe’s inclusion on the list of IF50 2022 winners validates our firm’s commitment to making our cross-border money transfer services inclusive and impactful based on our data analytics and sound digital infrastructure,” said SentBe CEO Alex Choi. “We will continue to emphasize removing barriers in foreign exchange services and bringing convenience to those often marginalized in financial services – notably, migrant workers around the world.”

“I believe making money and value at the same time is possible, as SentBe has been and will be doing. At SentBe, I have been working in managing and deepening impacts in such ways. I believe that SentBe’s approach is about producing rigorous evidence that will inform policymakers and businesses in making diverse types of financial services and products more inclusive for all,” said SentBe’s Head of Business Impact, Hanna Yim.

The IF50, in its fourth year, is a global competition powered by the CFI, a think tank based in the US. The annual competition selects 50 top technology startups driving financial inclusion for billions of underserved people around the world. Finalists are chosen by an independent panel of expert judges from leading venture capital, technology, and financial services firms. The list highlights the most promising fintech startups providing innovative credit, insurance, savings, and other critical financial services to unbanked, marginalized and vulnerable populations.

In addition to the nomination as one of the winners of the 2022 IF50, SentBe will host a session at CFI’s Financial Inclusion Week 2022, an annual virtual event taking place on October 17-20, where inclusive finance stakeholders gather to learn from one another and share key findings. SentBe’s session, titled “Impact and Lessons from a Real FinTech in Cross-border Money Transfer for Migrants and MSMEs in Korea”, will showcase its measured impacts and its users’ unique financial behaviors observed from real transaction data.

LawSikho appoints Yajnaseni Chakraborty as Editor and Senior Content Writer

Gurugram, October 17, 2022: LawSikho, India’s first legal edu-tech with a valuation of 300 crore, has appointed Yajnaseni Chakraborty as Editor and Senior Content Writer and will be working with Director of Marketing Vibhas Vijay Sen.

A journalist and writer with over two decades of experience in print and digital journalism working for some of India’s leading media houses including the ABP Group, HT Media, and Indian Express, Yajnaseni has previously worked as Features Editor, Hindustan Times Kolkata, and Senior Editor, Indian Express Bangla.

She has also acquired diverse experience as a published translator with two nonfiction works of English translations to her credit, India Cried That Night and The Detective Diaries (Rupa & Co), based on Bengali originals by Supratim Sarkar, IPS.

In the interim, she has acted as a corporate communications consultant with the IT and microfinance sectors and was the chief coordinator of the Kolkata Literary Meet – an annual literary festival held in Victoria Memorial, Kolkata – for five years.

Given the diversity of her experiences, Yajnaseni hopes to contribute to the steady growth of LawSikho and says, “I am really excited by LawSikho’s dynamic work culture and focus on providing quality services. In the past few years, LawSikho has become a pioneer not only in the field of legal education but also in remote work, which most of the world has adopted only after the Covid pandemic. I am happy and humbled to be part of such a rapidly growing organisation.”

Kelvin Maps Proactively Helps Industrial Organizations Meet Emission Targets for 2030 and Beyond

Cairo, Egypt. October 17, 2022: Kelvin, the leading collaborative control software company delivering industrial intelligence, has launched Kelvin Maps – one of the world’s first industrial solutions for measuring, monitoring and reducing enterprise carbon emissions.

Amid a backdrop of global pressure to boost corporate sustainability, Kelvin Maps intuitively presents vital production data to engineers and operators – delivering visualization of the entire operations, including the impacts of any inefficiencies driving emissions.

This new category of software provides a unique view into the manufacturing and production processes – allowing companies to quickly find emission source offenders and reduce carbon footprint, leading to boosted profitability and sustainability.

Kelvin Maps patent-pending technology seamlessly identifies bottlenecks, prevents failures, and enables improved operations through the simulation of production scenarios.

“Global enterprises are struggling to capture emission levels across their supply chains and businesses. They must adopt a bottoms-up approach to boost transparency, visibility and measurement inside their operations,” said Peter Harding, Founder and CEO of Kelvin. “Kelvin Maps helps enterprises and their supply chain partners hit net-zero goals by visualizing and optimizing the entire production process in detail. Our product helps find your problems and fix them in rapid time.”

Carbon offset prices may rise by 3,000% by 2029 under tighter rules. This Bloomberg statistic points to an increasingly stringent regulatory and investment environment driving the need to meet Greenhouse Gas (GHG) reduction goals with the same importance as achieving shareholder returns.

“Kelvin Maps accelerates emissions disclosures and boosts the global emissions control movement to meet their 2030 and 2050 emissions targets. With Kelvin, you can collaboratively find and fix production and operational issues that impact your carbon emissions,” explained Harding.

The Only Solution of Its Kind that Unifies Emissions, Controls, and Automation

Kelvin Maps simulates production scenarios and helps slash carbon output by plugging into an intuitive, interactive solution that actively simulates your production lines. Kelvin Maps goes beyond traditional condition-based monitoring solutions to improve production outcomes and reduce maintenance costs with AI-driven intelligent operations.

According to Suhail Jiwani, Chief Technology Officer of Kelvin: “With human-assisted and cognitive AI capabilities, Kelvin Maps creates a single source of truth for a complete facility or a production process – making it possible for engineers and operators on production lines to align on their approach to drive efficiency and reduce emissions. We unify human understanding with artificial intelligence to achieve real impact.”

As a result, Kelvin Maps boosts collaboration in real-time to help find new ways to produce more, reduce emissions, and drive efficiency to make smarter control decisions.

“We are transforming the way plants and factories operate, and the way executive leadership addresses carbon emission goals and production gains,” concluded Harding. “By providing engineers and operators immediate and aggregated information about the health of their assets as one system, we’ve helped reduce carbon emissions for our clients by up to 40%, while boosting production by 20%.”

Kelvin delivers the next generation of collaborative control to enable sustainable operations today and autonomous operations tomorrow. Kelvin Collaborative Control software offers a unique solution to unite human understanding with artificial intelligence to deliver real solutions to real problems. By combining Kelvin Maps with Kelvin Copilots, Kelvin Collaborative Control software offers innovative applications that deliver operational efficiency, increased profitability, and industrial intelligence to reach sustainability goals.

Global industrial companies rely on Kelvin to provide a secured, end-to-end solution to connect, create, and scale control applications across their operations. Kelvin runs across oil and gas, energy, consumer packaged goods, and other batch and continuous manufacturing sectors. Customers include some of the world’s largest industrial organizations. Kelvin is committed to intelligent industrial innovation and building sustainable business foundations that change the shape of your tomorrow.

Anupam Rasayan signs Two Long Term Contracts with one of the Leading European Crop Protection Company

Surat, October 17, 2022: Anupam Rasayan (NSE, BSE: ANURAS), one of India’s leading custom synthesis & specialty chemical players, has signed two contracts with one of the leading European crop protection companies for supplying two new life science-related specialty chemicals. The company will supply these products for the next three years under the contract. These products will be manufactured in our existing manufacturing facilities.

Speaking about the contract, Anand Desai, Managing Director of Anupam Rasayan, said, “We are pleased to announce that we have signed two contracts with one of our top European customers. These contracts are in line with our strategy of increasing wallet share and deepening relationships with our existing customers. With these additions, the tally of the number of molecules with this MNC goes to 6.

These products were conceptualized within 3 months and it took under 18 months from conceptualization to commercialization of these products. We were able to deliver these products in such a short period on urgent request of our customer. This further demonstrates our customer-centricity as well as strong R&D capabilities.

Moreover, both of these products were manufactured in Europe. Now the customer has decided to source these products exclusively from Anupam. We are starting to see this trend of India being chosen as a preferred manufacturing base for strategic products presently being manufactured in Europe. We are working with a few more MNC clients and expect 20 to 25 niche products to be added to Anupam’s product portfolio in the near term as part of Europe plus one strategy”

Shriram City Union Finance and Shriram Transport Finance Company Raises Fixed Deposit Interest Rates by up to 25bps

Hyderabad, October 17, 2022: One of the largest asset financing companies in India Shriram

Transport Finance Company Limited (STFC) and Shriram City Union Finance (SCUF) a part of

the Shriram Group announced a hike in the fixed deposit rates by 5 to 25 basis points (0.05%p.a. to 0.25%p.a.) across different tenures. Customers can earn interest up to 8.90% on FDs, effective from Oct 14, 2022. Introduces a special benefit for women, with an additional 10bps p.a to be paid on all FD rates to women depositors. Shriram City’s long-term credit rating is AA by CRISIL, ICRA, and India Ratings, and Shriram Transport’s CRISIL AA+/Stable.

Additional interest of 0.50% p.a will be paid to Senior Citizen depositors (Completed age 60
years on the date of deposit/renewal).
Additional interest of 0.25% p.a. will be paid on all Renewals, where the deposit is matured.
Additional interest of 0.10% p.a. will be paid to Women Depositors (new feature).

Cummins India launches “REDEFINE 2022”, its flagship B-school case study competition.

New Delhi, India October 17, 2022: Cummins India announces the launch of ‘REDEFINE’, a national-level B-school case study competition for students from 12 partner business schools in India. This competition presents the students with a business problem based on real-life challenges faced by organizations and invites them to showcase their strategic, innovative, and analytical abilities.

Comprising multiple rounds, the competition will be launched on October 21 and will culminate with a two-day grand finale event to be held at the Cummins India office campus in Pune, Maharashtra on November 22-23. The winning team will receive a cash prize and enrollment to a mentorship program with Cummins India leadership.

Regarding the launch of the case study competition, Anupama Kaul, Human Resources Leader, Cummins India said, “At Cummins, we empower everyone with opportunities to reach their full potential and make a positive impact on the world. Our annual B-school case study competition, REDEFINE aims to groom and mentor the next generation of business leaders and experts. The competition is intricately designed for management students to familiarize them with real-world business problems, demonstrate leadership, and employ their skills and learnings, to redefine solutions for a better tomorrow. We are excited to engage with bright minds representing the most illustrious and coveted academic institutions in the country.”

Underlining the company’s vision for this case study competition, Subramanian Chidambaran, Strategy Leader, Cummins India added, “Innovation is at the heart of everything we do at Cummins. The reality of today’s business is that our problems are becoming more complex necessitating fresh thinking and novel approaches. In addition, climate change is an existential crisis for our generation. We, at Cummins, are committed to developing and delivering solutions that are sustainable and contribute to a greener world. The competition has been designed to focus on this. I am confident that young minds participating in the REDEFINE competition will come up with some great answers to the challenges we are facing as an industry.”

The case study competition will have multiple rounds where the students will engage with and present their viewpoints to senior leaders from Cummins India. Prior to the grand finale, a series of leadership talks will also be organized to apprise students about the company’s vision, business, and cutting-edge innovations along with an industry overview. Beyond the case study competition and leadership talks, the company will also host a quiz competition wherein the participants will be tested on their knowledge of industry and business trends, technology developments and understanding of Cummins. This is specifically aimed at creating more awareness around our business and the Cummins brand amongst the younger generation.

REDEFINE is open to bonafide first- and second-year students currently pursuing a two-year flagship PGP/PGDM/PGDBM/MBA program, from our partner business schools listed below:

1. Indian Institute of Management, Lucknow

2. Indian Institute of Management, Indore

3. Indian Institute of Management, Kozhikode

4. Xavier School of Management (XLRI), Jamshedpur

5. Management Development Institute, Gurgaon

6. Jamnalal Bajaj Institute of Management Studies, Mumbai

7. National Institute of Industrial Engineering, Mumbai

8. Narsee Monjee Institute of Management Studies, Mumbai

9. Xavier Institute of Management, Bhubaneshwar

10. Symbiosis Institute of Business Management, Pune

11. Symbiosis Centre for Management & Human Resources Development, Pune

12. Indian Institute of Management, Udaipur

Developers gear up for Diwali, housing demand likely to sustain

Real estate has always had a track record of shooting up on the growth graph during the festive season. Moreover, the energy that surrounds during these Festivals such as Diwali is considered to be auspicious to buy a home. There is definitely an inclination towards purchasing property during festivities. Festive seasons such as Dhanteras and Diwali mostly see home-buying at its peak. Most people believe that this is an auspicious time to buy something new. A lot of people end up buying property on Dhanteras since they see their own home as a sign of prosperity and good financial health.

Even Banks roll out offers for home loans which empowers home buyers to buy their homes at cheaper prices. Going against the rising interest rate trend, several banks have already slashed interest rates on home loans as part of the festive bonanza. State-owned Bank of Maharashtra has decided to reduce the minimum interest rate at which it will offer home loans to 8 percent from 8.30 percent effective from October 17, 2022. Last week, the State Bank of India (SBI) decided to offer a concession of up to 0.25 percent on home loans, 0.15 percent on top-up loans, and 0.30 percent on loans against property for a limited period. In contrast, the Bank of Baroda (BoB) has waived off processing fees for its home loans and provides reasonable interest rates commencing at 7.95% p.a.

During festive seasons, developers too roll out several offers to entice their customers to buy their dream homes.

This Diwali, Runwal Group has come up with a bouquet of festive offers at their various residential properties across MMR. At the Kanjurmarg West located project, Runwal Forests, they are providing the customers with flexible payment plans and at Runwal Bliss in Kanjurmarg East, they are offering a 10:90 subvention scheme in which you can pay just 10% now and 90% on OC receipt. For Runwal Pinnacle in Mulund, buyers will get the benefit of an easy payment plan where they have to pay just 10% now and low fixed pre-EMIs till March 2023. Lastly, at Runwal Gardens in Dombivli, Runwal Group has thoughtfully provided festive offers where customers can book their homes by paying just 1% now and the rest in a Flexi pay plan along with the advantage of no pre-EMI till Feb 2023. Moreover, all the mentioned projects are also offering zero stamp duty and spot booking offers. Offers are valid for a limited period. T&C apply.

Mr. Rajat Rastogi – Executive Director, of Runwal Group said “As always, the festive season brings about a positive vibe in the market. Home buyers are more inclined towards property purchase during this period we have put together a thoughtfully curated bouquet of offers and schemes for our projects for the festive season. This will help in making their decision-making process easier and faster. At Runwal Group we have been witnessing a great year and the velocity has picked up further since the festive season started a month back. The Dussehra-Diwali period has always been good for the industry in general and we are certain this year will be no different. Like I have said earlier also, good projects by reputed developers will always have more traction and we have been seeing this at all our projects.”

This Diwali, Pushpam Group has amped up its charm with the Double Dhamaka offer for their resort homes, Pushpam Sanskruti in Karjat. The main attraction of this special Diwali Offer is a guaranteed rental income of Rs. 11,000/- till possession for its customers and monthly 20% ROI after possession, more than 25 lavish ready amenities, RCI membership, and unlimited holiday. Pushpam Group believes in providing customers with the right value for the money. By investing in these resort homes, buyers can enjoy a blend of leisure, luxury, and investment. Additionally, these homes can rightly be called, ‘The Kamanewala Ghar’. Offer valid for a limited period. T&C apply.

Dr. Sachin Chopda, Managing Director, Pushpam Group said “Diwali is one such festival which is strongly found in our country’s rich cultural past, and the real estate industry by definition represents elegance and success. Many prospective buyers regard Diwali as an opportune time to seal their deal. The demand in the real estate sector is buoyant and consumer sentiment has turned upbeat for this festive season. For the more affluent and HNI segment, resort homes have emerged as a sought-after option, both for investors and end-users.”

With Diwali around the corner, Tridhaatu Realty announces an array of offers; where one can avail Premium Air Conditioned Homes furnished by IKEA along with attractive payment plans of 20:70:10 and 50:25:25 for their nearing completion projects Tridhaatu Morya and Tridhaatu Aum, respectively. Additionally, they are also offering Spot booking Offers together with Zero Stamp Duty, and Zero GST benefits for both projects located at Chembur. Offers are only valid for a short period of time on the exclusive and limited inventory this Diwali. So, hurry and grab the exciting offers!

Mr. Govind Krishnan Muthukumar, Co-founder & Director, of Tridhaatu Realty said “Attractive price points and innovative payment plans are among the leading options that home-seekers are looking for in this festive season. As far as the real estate sector is concerned, this time the reason to buy a home goes beyond the traditional beliefs associated with the festival of Diwali and has more to do with the multiplying benefits and making the investment more profitable. We at Tridhaatu Realty curate festive payment options based on the requirements of our customers.”

Sumit Woods presents Exclusive Festive offers for potential customers, where one can avail of sparkling offers this Diwali. The Group is rolling out a range of benefits on booking a Limited Edition Sea View Home at their South Mumbai project – Sumit Atulyam, Matunga West such as a 50:50 builder subvention scheme under which the homebuyer pays 50% at the time of booking and the rest 50% on possession. Additionally, they are also offering an EV CAR on all bookings at Sumit Atulyam. They are also gifting their customers 21 Tola Gold on booking a home at Sumit Arcenciel located at Sarvodaya Nagar, Mulund West. Offers are valid only for limited inventory. T&C applies to all offers.

Mr. Mitaram Jangid, Founder and Director, of Sumit Woods Limited said, “We at Sumit Woods are welcoming this Diwali by providing offers that will meet the contemporary needs of the homebuyers. We believe homes are a second name for comfort, and our eco-friendly homes are a perfect example of our commitment to quality and concern for the environment as well as our customers. We are optimistic that the wide range of projects in line with current demands will steer the real estate ship towards positive growth.”

Embassy Group Partners with The Arts and Cultural Heritage Trust and Sindhi Culture Foundation towards the Partition Museum in Delhi with a dedicated gallery for the Lost Homeland of Sindh

National, 17th October, 2022: Embassy Group, one of India’s leading real estate developers, announced the signing of a Memorandum of Understanding (MoU) with The Arts and Cultural Heritage Trust (TAACHT). The partnership supports the preservation of culture and heritage by supporting the Partition Museum and curating a gallery dedicated to the lost homeland of Sindh in partnership with Sindhi Culture Foundation at the Dara Shikoh Library Building, Delhi.

The project is split into two components – a unique gallery dedicated to the Sindhi community that lost their homeland during the Partition of India in 1947, and an illumination element of the Partition Museum under the Government of India Project, “Adopt a Heritage” to enhance the tourism experience of all travellers.

The Arts and Cultural Heritage Trust (TAACHT) set up the world’s first Partition Museum at the Town Hall, Amritsar, in 2017 on the 70th anniversary of India’s Independence and Partition. In 2021, TAACHT began setting up the Partition Museum at the Dara Shikoh Library Building in old Delhi and it is scheduled to be completed this year, the 75th anniversary of India’s Independence and Partition.

Speaking of the project, Kishwar Desai, Chair, TAACHT, said, “We are extremely thankful to Embassy Group and Sindhi Culture Foundation for their support and contribution. The significant approach will ensure conservation and preservation of the heritage assets. I am happy to share that we have joined hands to create “The Lost Homeland of Sindh”, and I look forward to working together. The support of the building illumination is very welcome as well. This opportunity will further enable the level of involvement and support from the community.”

Jitu Virwani, Chairman and Managing Director of Embassy Group, added, “My family was a part of those who were displaced during the partition of India. I believe every family that lived through the partition has inherited a sense of loss, be it of a loved one, their home, or their identity. I am honoured to have the opportunity to collaborate with TAACHT and Sindhi Culture Foundation, to preserve and showcase the rich heritage of The Lost Homeland of Sindh, that will serve as an homage to the resilient spirit of the Sindhi Community for generations to come.”

Aruna Madnani, Founder and Managing Trustee Sindhi Culture Foundation, said “ The strongest memory of the 12,00,000 displaced Sindhis during partition is the memories of home, the loss of home and the longing for home which they can never see again. We envision this exhibit will reach out to them and the generations that followed hearing these stories. Embassy’s initiative to take a step towards the preservation of culture and heritage is encouraging, and I hope other corporates will also try and inculcate such efforts within their CSR.”

Community engagement is one of the most significant ways to support the conservation of heritage buildings. This opportunity reflects how corporates can come together and use their experience of working with communities and decision-makers to manage our local heritage, cultures, and historical sites. It will additionally assist in encouraging involvement and support from the community for the preservation of heritage buildings.