Archive: May 22, 2023

VIBGYOR Group of Schools collaborates with ARIV Education to launch ‘VIBGYOR ACE’ programme for Grades 11 and 12

Mumbai, 22 May 2023: VIBGYOR Group of Schools, a prominent K-12 educational institution in India, has recently launched the “VIBGYOR ACE” Programme. This innovative programme is specifically designed for science students in Grades 11 and 12 and spans two years. The programme is scheduled to commence on 1st June 2023, with the aim of establishing a strong conceptual foundation for students while maximizing learning, progress, and skill development through smaller class sizes limited to just 30 students. The ACE Programme nurtures a self-motivating learning environment that inspires students to reach their full potential. The curriculum is meticulously crafted to ensure students’ growth is fully supported within the VIBGYOR ecosystem, without any compromises.

The ACE Programme offers a superior learning experience that empowers students to achieve academic excellence. With the guidance of lead mentor Mahesh Shetty, who possesses exceptional teaching and learning skills and brings over 3 decades of experience in the education industry, students can consistently maintain outstanding academic performance. The integrated nature of the programme allows for seamless synchronization of CBSE Board studies for Grades 11 and 12 with competitive exam preparation. The innovative flipped classroom method utilized in the ACE Programme enables students to acquire knowledge and develop quick recall skills, effectively preparing them for classroom activities. The programme’s emphasis on personalized attention ensures students establish the best possible student-teacher relationships, a critical factor for success in competitive exams.

Commenting on the programme, Mr Shim Mathew, Director of Academic Operations, Initiatives & International Partnerships at VIBGYOR Group of Schools, said, “We are delighted to launch the ACE Programme in partnership with ARIV Education, providing our students with an outstanding academic future. Our programme fosters an environment of academic excellence, aiming to achieve the highest levels of performance in competitive test preparation. With access to state-of-the-art facilities and a comfortable learning atmosphere, our students can focus on their all-around development daily. The ACE Programme offers more teaching hours and self-study time, allowing students to pursue their hobbies while maintaining a razor-sharp focus on their competitive exams. We are committed to ensuring that this innovative journey is both rewarding and transformative, providing our students with the opportunity to evolve into better individuals within the VIBGYOR ecosystem.”  

Mr Mahesh Shetty, Founder and Lead Mentor at ARIV Education, stated, “Education is not solely about teaching; it’s about inspiring students to discover their passions and pursue their dreams. Through ‘VIBGYOR ACE,’ we aspire to create an environment that nurtures growth and development, enabling our students to become confident and successful individuals. Our goal is to equip them with the knowledge and skills necessary to navigate the complexities of the modern world and make a positive impact on society.”

In today’s world, where technology and innovation are driving unprecedented changes, students need to be equipped with the necessary skills and knowledge to adapt to the fast-changing environment. With jobs that do not yet exist and challenges that have yet to be identified, it is more important than ever to provide students with a strong foundation that will enable them to confidently navigate these complexities. The ‘VIBGYOR ACE’ programme, in collaboration with ARIV Education, is designed to do just that by providing an innovative curriculum that prepares students for the challenges of a competitive test-prep environment. Through this programme, students will develop the necessary skills and knowledge to succeed in a constantly evolving world, enabling them to make a positive impact on society and achieve their full potential.

Muscle & Strength India enters Odisha market with store launch in Paradeepgarh, Jagatsinghpur

Muscle & Strength India enters Odisha market with store launch in Paradeepgarh, JagatsinghpurJagatsinghpur, Odisha, May 22, 2023:  Muscle & Strength India, one of the country’s leading retailers of fitness supplements & nutritional products has launched its store in Jagatsinghpur, Odisha. Renowned Fitness Model and Influencer Mohmmad Iqbal inaugurated the store located at Paradeepgarh, Jagatsinghpur district in Odisha. Muscle & Strength India is looking to expand aggressively in Eastern India through franchisee routes as it seeks to deepen its presence in India’s growing nutritional supplement space. The brand plans to further strengthen its on-ground presence in the eastern region by adding 10 more stores in the next 1 year.

Muscle & Strength India has been on an aggressive market expansion mode in the recent past and has since ventured into states of Punjab, Uttarakhand, Bihar, Tamil Nadu, etc. The company currently has 25 stores spread across multiple cities and has the widest range with over 1000 fitness supplements and nutrition products from 42+ brands. These products are used for athletic performance, fitness, and overall wellness. As part of the expansion plan, Muscle & Strength India will also partner with various gyms across the country, while introducing more products in the near future.

“It has been our top priority to widen our network and deepen our penetration pan India. We are delighted to enter the Odisha market and we will also continue to expand our footprint in newer cities in Eastern India in coming months. Our new stores are also a testament to our unwavering commitment of providing genuine and economically priced supplements which has increased consumers’ trust in our brand. Apart from metros, we are also witnessing demand in tier 2 & tier 3 cities where availability of latest, genuine and economically priced supplements is still a challenge,” said Mr. Praveen Chirania, Founder, of Muscle, and Strength India. 

“I am happy to be here in Odisha and advocate healthy ways to be fit and use genuine health supplements. We are witnessing a paradigm shift in consumer mindset to adopt self-care with a focus on holistic well-being and strengthening immunity, which is further strengthening the market of dietary supplements. Maintaining good health and being fit is a modern-day need among all generations today. However, it is important to make the distinction between genuine and fake supplements and hence one should buy them from genuine dealers of reputed brands.” said Mohammad Iqbal, Renowned Fitness Model, and Influencer. 

“We are happy to join hands with Muscle & Strength India who has become one of the fastest-growing retail chains in the health supplement market in India. In a short span of time, Muscle & Strength India has already made its mark with its authentic and genuine products. Our ideal target audience are those who are interested in fitness and sports nutrition, gym-goers, sports enthusiasts, health gurus, health-conscious individuals, etc.” said Rakesh Kumar Nath, Store Owner, of Muscle, and Strength India. 

Founded in 2018 by Praveen Chirania, Muscle & Strength India is a leading brand in the supplements space today endorsed by celebrities and athletes like Mika Singh, Shreyas Talpade, and Tarun Gill amongst others. The company offers a comprehensive range of genuine high-quality fitness supplements and nutritional products across categories such as proteins, vitamins, minerals, herbal supplements, etc manufactured by international fitness brands under a single roof.

Committed to providing world-class fitness supplements & nutritional products, Muscle and Strength India is creating a niche for itself by creating a mark as one of India’s leading health supplement brands, providing high-quality, authentic products to fulfill the demands of new-age customers. Muscle & Strength India aims to expand in the near future and further launch products in various variants, focusing on different health and wellness categories and segments.

Ayushakti’s case study of 5 patients get featured in The American Journal of Medical Sciences and Pharmaceutical Research

Ayushakti’s case study of 5 patients get featured in The American Journal of Medical Sciences and Pharmaceutical Research
ARTFIRST PHOTO DESIGNS

Mumbai, 22nd May 2023: Ayushakti, one of the leading and most trusted ayurvedic health centers around the world, recently treated 5 patients from hypertension and anxiety-related issues. These were both males and females aged between 30-60 years.

Hypertension can be defined as rise in blood pressure due to unknown cause. It usually clusters with other risk factors such as ageing, weight gain, insulin resistance, diabetes, and hyperlipidemia. This is a common phenomenon in developing countries, especially in urban areas which have sedentary lifestyles. According to Ayurveda, hypertension is interpreted in terms of Raktagata Vata, Siragata Vata, Avrita Vata, Dhamani Prapurana, Rakta Vikshepa, Vyana Prakopa, Raktamada, Uchharaktachapa. It can also be understood by assessing the involved Dosha, Dooshya, and Strota. 

All 5 clients were given treatment using herbs as well as Ayurveda therapies. First, therapy like Shirodhara and Heartdhara given to the patients helps to reduce the stress level. Then in the second stage, Herbs like Raktashanti and Sumedha, which are mainly effective in hypertension and psychotic disorders and various circulatory disorders, were prescribed. Medicated Oil was continuously dropped on the Marma point, which normalizes the body and, through action on sympathetic nerve systems, lowers heart rate and blood pressure, increases brain waves, and lowers brain cortisone and adrenaline levels.

Speaking on this, Dr. Smita Naram, Ayurveda Practitioner and Co-Founder of Ayushakti said, “We are thankful to The American Journal of Medical Sciences and Pharmaceutical Research for honoring us by publishing 5 case studies of our patients. Ayurveda does have a standard protocol to treat hypertension, but there are many proposed theories that can be adopted to treat hypertension. Thus, it is important to treat each client in depth after understanding their bodies and medical history.”

“While there are different points of view, no one has denied the fact that in hypertension, the main pathogenesis occurs in Rakta which resides in the blood vessels. Also, psychological stress plays a role in the increase in hypertension and heart diseases. Treating it from the core helps lower blood pressure and reduce anxiety, which was observed across all 5 patients,” she added.

Link to download the entire report – https://www.ayushakti.com/research/hypertension?utm_source=website-footer

Canadian Wood engages Industry Stakeholders in Hyderabad with a Seminar on Versatility of Wood

Canadian Wood

Hyderabad,  May 2023:The British Columbia (B.C.) provincial government’s crown corporation, Forestry Innovation Consulting India Pvt Ltd (FII India), popularly known as Canadian Wood hosted a seminar with the theme, ‘Versatility of Wood’ in Hyderabad. The seminar focused on the wide range of applications made with responsibly-sourced wood from B.C Canada, as well as the increasing demand for sustainable wood in India. The event saw a strong turnout from manufacturers, contractors, architects and designers, and builders and developers.

The seminar began with a presentation on the versatility of Canadian Wood by Dr. Jimmy Thomas, Assistant Director of Technical Services of Canadian Wood. He spoke about the unique features of the Canadian wood species and its sustainability aspect and how it can be used in different applications in the woodworking industry.

Some of the distinguished speakers from Hyderabad included Mr. A Chandra Shekar, Director of E-doors; Mr. P.L. Narayana, Founder of Nesca Homes, and Mr. Deepak Gupta, Director of Sales and Expansion of Artius Interior Products. They spoke about their experiences with Canadian Wood and how it has helped them in their projects.

Dr. Jimmy Thomas, Assistant Director of Technical Services, Canadian Wood, said, “Wood stands alone as the sole material that aligns with the rigorous sustainability criteria set for our COP 26 goals. When it comes to sourcing wood, Sustainable Forest Management emerges as the ultimate solution, ensuring that environmental, economic, and ethical standards are impeccably met. This approach serves as a blueprint for achieving perfection in preserving our natural resources while supporting our COP 26 goals.”

Mr. A Chandra Shekar, Director of E-doors, Hyderabad, observed, “Thanks to the invaluable support of Canadian Wood, E-doors has achieved a remarkable milestone. We are now capable of manufacturing 50,000 doors annually, each one is completely ethically sourced and manufactured. Canadian Wood’s dedication to fostering the seamless exchange of expertise and technology has been instrumental in our success.”

Mr. P.L. Narayana, Founder of Nesca Homes, Hyderabad, shared, “Canadian Wood stands out as an organization with a truly future-centric perspective on the Built Environment, driven by their unwavering commitment to promoting certified wood from sustainably managed forests. We commend their transparency, ownership, and dedication to their partners. Since 2017, the collaboration with Nesca Homes and Canadian Wood has proven highly advantageous for both parties. Canadian Wood has taken the lead in educating and training Indian architects and engineers, ensuring a seamless integration of wood in the built environment while honoring our cultural heritage.”

Mr. Deepak Gupta, Director of Sales and Expansion of Artius Interior Products, added, “Canadian Wood has undeniably played a pivotal role in numerous landmark projects, showcasing the remarkable efficacy of wood in construction. From India’s remarkable achievement of the country’s first double-story post and beam-based construction, set against the picturesque ocean-front of Goa, to the iconic MAC Villa in Hyderabad, Canadian Wood has left an indelible mark. As Artius Homes, we are incredibly grateful to have benefitted from the association with Canadian Wood, which has been instrumental in the successful completion of over 500 projects across India. Their contribution has been invaluable.”

The seminar, which was seamlessly moderated by Mr. Ritesh Kumar, Assistant Director, Business Development, Canadian Wood, concluded with a vote of thanks by Mr. Arif Moosa, Manager, Marketing of Canadian Wood. He expressed his gratitude to both the speakers and the attendees for their active involvement in the seminar.

Canadian Wood largely promotes five wood species in India that are sourced from the sustainably managed forests of B.C., Canada. These five species, namely Douglas Fir, Western Hemlock, Western Red Cedar, Yellow Cedar, and Spruce-Pine-Fir (SPF), are recommended for different applications and are available through a strong network of 42 stockists in India.

DrinkPrime recognized as Top Online Rental Tech Startup in Tracxn’s Emerging Startup Awards 2023

Vijender-Reddy-

Bengaluru,22nd May 2023: DrinkPrime, the IoT-enabled customized water purifier on subscription has been acknowledged as one of the Top Online Rental Tech Startups in Tracxn’s ‘Emerging Startup Awards 2023’. DrinkPrime has been recognized under the ‘Minicorns’ category – early-stage companies that have the potential to be unicorns in the long term. This esteemed recognition affirms DrinkPrime’s position as a rapidly growing disruptor in the 30-year-old industry and highlights its commitment to providing innovative solutions that enhance the lives of its subscribers.

Tracxn’s selection process involves various parameters like market size, investment by marquee investors, execution excellence, and future growth prospects. Backed by marquee investors like Omidyar Network India, Sequoia Surge, and 9 Unicorns, DrinkPrime achieved a 330% growth last year.

“We are incredibly honored to receive Tracxn’s Top Online Rental Tech Startup Award,” said Vijender Reddy Muthyala, Co-founder and CEO, DrinkPrime. “Our mission is to provide clean, safe and healthy drinking water to all. We knew from the beginning that subscription is the way to improve safe drinking water access in India. We provided 5 crore liters of safe drinking water to our 1 lakh+ users in 2022. In the upcoming years, we look forward to making it accessible and affordable to 70% of India using IoT and our subscription model.

DrinkPrime is applauded by Tracxn for its constant focus on leveraging IoT to make safe drinking water accessible to the people of India. The Bengaluru-based startup adds 4000+ subscribers every month and leverages the Internet of Things (IoT) technology to move closer to its mission of providing clean, safe, and healthy drinking water to all.

Homegrown brand Skyball launches its first line-up of high-performance home audio products

Skyball - logo -

New Delhi, 22 May 2023: Skyball, the new-age consumer electronics brand focused on home audio and smart accessories, has announced the launch of its first home audio product line-up. Skyball’s first home audio range caters to the growing demand of music enthusiasts by providing them with a world-class audio listening experience.

Starting at just ₹ 2,999 (MRP), the feature-packed audio products are designed to deliver superior sound quality and seamless connectivity. The range includes a wide variety of speakers, each with an aesthetically pleasing design that seamlessly blends into any home interior, enhancing the ambiance.

A part of the leading OEM- Videomax International Pvt Ltd (VMI), Skyball aspires to provide customers with products that offer superior experiences at the most affordable price point.

Speaking about the launch, Mr. Vinay Kapoor, CEO and Co-founder, of Skyball said, “We are excited to bring our range of home audio products to the Indian market. Our products are engineered to provide an unparalleled listening experience, with superior sound quality, effortless connectivity, and modern design that excels in both form and function. We believe that our products would appeal to music enthusiasts in India looking for high-quality audio equipment at an affordable price.”

In alignment with the Make in India initiative, Skyball has locally designed and manufactured audio products in homegrown state-of-the-art facilities. These products are manufactured using cutting-edge technology and high-grade materials, ensuring pristine audio delivery, long-lasting durability, and reliability.

The product range includes the Portable Sound Bar Neo20, Party Box 600, Party Pillar 1100, Party Pillar 1200, and Party Pillar 1300. Each of these products has unique features and specifications that make them stand out from the competition.

  • The Mini Sound Bar Neo20 is a portable music bar with 16W pure sound output. It comes in an elegant full flaming light design and offers a range of connectivity features such as USB, TF, Bluetooth 5.0, and AUX. With a 3.7V/2000mAh battery, the portable soundbar can provide up to 6 hours of non-stop music playback. The mini sound bar also comes equipped with a built-in mic for hands-free calling.
  • The Party Box 600 is a compact party speaker with true 60-Watt Super Bass Sound output. The party speaker can instantly turn your house into a disco night with its multi-party RGB light effect. It features Multimode connectivity including Bluetooth 5.0, USB, TF, and AUX options. The aesthetically designed speaker comes with full control top panel and a 7.4V/5200mAh battery that can provide up to 6 hours of non-stop music playback. The party speaker also offers a wireless UHF mic for weekend karaoke sessions.
  • Party Pillar Tower Speakers- The Party Pillar 1300, 1200, and 1100 are the ultimate tower music systems that can transform your home into a party hub. These tower speakers feature premium acoustic wooden cabinets that house high-quality drivers, tweeters, and woofers, enabling you to not only listen but feel the audio echoing. The tower speaker also ensures seamless connectivity with its multimode options such as Bluetooth 5.0, FM, USB, and AUX, options, Party Pillar 1300, and 1200 also have HDMI-ARC too.

With no distortion audio delivery, the party speaker truly offers a real theater experience at home. These tower speakers are accompanied by a fully-functional remote controller and wireless high-end UHF for weekend karaoke sessions.

Punjab National Bank Financial Results for the Quarter Ended 31st March 2023

Key Highlights

  • Net profit for Q4 FY23 was at ₹1159 Crore and grew by 473.6% on YoY basis.
  • Operating Profit was at ₹ 5866 Crore during Q4 FY23 grew by 11.4% on YoY basis.
  • Net interest income increased by 30.05% YoY to ₹9499 Crore in Q4 FY’23.
  • Global NIM improved by 48 bps on YoY basis to 3.24% in Q4 FY23 from 2.76% in Q4 FY’22.
  • GNPA ratio improved by 304 bps on YoY basis to 8.74% as on March’23 from 11.78% as on March’22.
  • NNPA ratio improved by 208 bps on YoY basis to 2.72% as on March’23 from 4.80% as on March’22.
  • Provision Coverage Ratio (including TWO) improved by 530 bps on YoY basis to 86.90% as on March’23 from 81.60% as on March’22.
  • Credit Cost declined by 73 bps on YoY basis to 1.72% in Q4 FY’23.
  • Global Business increased by ₹234522 Crore (12.14%) on YoY basis to ₹2165844 Crore as on March’23 as against ₹1931322 Crore as on March’22.
  • Global deposits grew by 11.77% on YoY basis to ₹1281163 Crore as on March’23.
  • Global Advances grew by 12.68% on YoY basis to ₹884681 Crore as on March’23.
  • RAM share improved by 408 bps on YoY basis to 55.31% as on March’23.

Business Performance in Key Parameters (March’23)

  • Savings deposits increased to ₹463987 Crore as on March’23 from ₹451680 Crore as on March’22.
  • Current deposits were at ₹74028 Crore as on March’23.
  • CASA Share (Domestic) stands at 43.0% as on March’23.
  • Core Retail Advances grew YoY by 15.21% to ₹137335 Crore as on March’23. Within Core Retail Credit:
    • Housing Loan increased by 10.92% on YoY basis to ₹81863 Crore.
    • Vehicle loan increased by 30.62% on YoY basis to ₹16478 Crore.
    • Personal Loan increased by 48.87% on YoY basis to ₹18152 Crore.
  • Agriculture Advances grew by 14.34% on YoY basis to ₹142105 Crore in March’23.
  • MSME Advances grew by 4.12% on YoY basis to ₹130178 Crore in March’23
  • Net interest income was at ₹ 9499 Crore for Q4 FY’23 recording growth of 30.0% on YoY basis and ₹34492 Crore for FY’23 recording growth of 20.2% on YoY basis.
  • Total Income of the Bank for Q4 FY’23 was ₹27269 Crore and ₹97287 Crore for FY’23 recording growth of 29.3% and 11.6% respectively on YoY basis.
  • Total Interest Income of the Bank for Q4 FY’23 was at ₹23849 Crore and ₹85144 Crore for FY’23 recording growth of 27.9% and 13.7% respectively on YoY basis.
  • Non-interest income for Q4 FY’23 was at ₹3420 Crore and it grew by 39.6% on YoY basis.
  • Total Interest Expenses of the Bank for Q4 FY’23 was at ₹14350 Crore and ₹50652 Crore for FY’23 recording growth of 26.5% and 9.7% respectively on YoY basis.
  • Other Operating Expenses for Q4 FY’23 was at ₹2482 Crore and it grew by 6.5% on YoY basis.

Efficiency Ratio

  • Global Yield on Advances improved to 7.94% in Q4 FY’23 as compared to 6.64% in Q4 FY’22.
  • Global Cost of Deposits increased to 4.54% in Q4 FY’23 as compared to 3.90% in Q4 FY’22.
  • Business per employee improved to ₹ 21.64 Crore in March’23 from ₹19.41 Crore in March’22..
  • Business per branch improved to ₹ 209.53 Crore in March’23 from ₹187.73 Crore in March’22.
  • Net profit per employee improved by 5.74 times to ₹4.82 lakh in Q4 FY’23 from ₹0.84 lakh in Q4 FY’22.
  • Net profit per branch improved to ₹46.64 lakh in Q4 FY23 from ₹8.11 lakh in Q4 FY’22.

Asset Quality

  • Gross Non-Performing Assets (GNPA) were at ₹ 77328 Crore as on March’23 as against ₹ 92448 Crore as on March’22 declined by 16.36% on YoY basis.
  • Net Non-Performing Assets (NNPA) were at ₹22585 Crore as on March’23 as against ₹34909 Crore as on March’22 declined by 35.30% YoY basis.
  • Provision Coverage Ratio (PCR) Excluding TWO improved by 855 bps YoY to 70.79% in March’23.
  • Slippage ratio improved to 2.10% in Q4 FY23 from 6.47% in Q4 FY’22

Capital Adequacy

  • CRAR improved from 14.50% as on March’22 to 15.50% as on March’23. Tier-I is at 12.69% (CET-1 was at 11.22%, AT1 was at 1.47%) and Tier-II is at 2.81% as at March’23

Biz2Credit to hire 200 people for its Digital Lending SaaS platform, Biz2X in India

Biz2Credit

New Delhi, 22nd May 2023: In a bid to expand its footprint in the Indian market, Biz2Credit has announced plans to ramp up its workforce by hiring 200 people for its Digital Lending SaaS platform, Biz2X in the next few months of 2023. The subsidiary of Biz2Credit, which enables financial institutions to provide a customized online lending experience for their small and midsize business customers, will focus its recruitment drive on middle management positions, including those requiring expertise in domains such as data science, product development, and management, as well as front-end and back-end operations.

This move by Biz2Credit comes as part of the company’s broader strategy to strengthen its operations in key business hubs by tapping into the local talent pool. The company’s growth trajectory demonstrates its success, as it experienced a 44% growth in 2022 compared to the previous year. This year they are projecting a growth rate of over 70%. With a current employee strength of over 300 in India, the company also plans to expand Biz2X’s footprint in Pune, Noida, and the Gulf Cooperation Council (GCC) regions.

Vijay Kumar Jamwal, HR Head of Biz2X, emphasized the company’s commitment to attracting and retaining top talent, stating, “We’re committed to delivering cutting-edge solutions and creating an enabling environment for our employees, thereby setting a benchmark for excellence in the digital lending space. Being an employee-centric organisation, we offer a wide range of HR initiatives designed to create a positive and enriching work environment for our employees.”

The company’s recruitment efforts will target fresh talent from top-tier academic institutions across the country, as well as seasoned professionals. Biz2X has already established relationships with several renowned academic institutions, including IIT Roorkee, IIIT Sonepat, IIIT Delhi, BITS Pilani, NIT Delhi and Kurukshetra, Jaypee Institute of Technology, Maharaja Agrasen College, NSUT, Hansraj, Indraprastha University, and Jamia Milia Islamia.

The company has consistently hired students from these institutions over the past few years.

With a comprehensive yet flexible servicing engine, best-in-class risk management tools, and a modern omnichannel experience, Biz2X partners with financial institutions to support their

digital transformation efforts. The company’s digital lending platform not only reduces operational expense but also accelerates lending growth by significantly improving the client experience, reducing total turnaround time, and equipping relationship managers with powerful monitoring insights and alerts.

Why Smart Water Systems Are Essential To Industrial Buildings’ Sustainability

Water is one of humanity’s most valuable natural resources. Currently, there is a range of factors threatening water supplies – and concerns around the availability and quality of water underscore the need for the industry to adopt sustainable water management practices. The challenge is to innovate around new technologies and traditional water management approaches to ensure adequate quantity and quality to meet individual, agricultural, and industrial needs in the future.

Against this backdrop, it is essential that industry taps into technological solutions to minimise water needs, manage waste, and drive sustainability. Smart water technologies provide simple, scalable solutions to operations of all sizes. Through IoT-powered smart water meters and monitoring, even complex operations use real-time data to reduce waste, manage costs, and enhance efficiencies.

WHY IS WATER SUSTAINABILITY IMPORTANT?

According to the United Nations World Water Development Report, at least six billion people will experience water scarcity by 2050. This has been attributed to population growth, limited water resources, pollution, and economic growth. Water security is already a concern – around two billion people around the world do not have access to safe drinking water.

Forecasting future water needs is complex. It is estimated that growing populations will lead to a 60% increase in food production by 2050. Notable increases in water requirements are predicted across agriculture, industry, and the energy industry. Simultaneously, water resources are shrinking.

It is a problem that is exacerbated by climate change. Climate change affects not only the availability of water but also the quality of water supplies. Unpredictable rainfall patterns and drought immediately come to mind as climate issues affecting water scarcity. However, it is important to remember that rising water levels from ice melt, floods, and natural disasters have the effect of contaminating water supplies.

SMARTER, MORE SUSTAINABLE WATER MANAGEMENT

Sustainable water management relies on a nexus between supply and demand efficiencies. This encompasses everything from preventing leakages and ensuring accurate billing to the investment in smart technologies and smart building processes that reduce water consumption and waste and mitigate the need for water-intensive processes. This often needs to happen across multi-site operations.

Smart technologies have disrupted traditional water management methodologies through monitoring, analysis, and action around data, as well as modelling and digital twin capabilities. These technologies are low-cost and high-impact, using data to optimise operations, devise areas of improvement, and monitor the effectiveness of strategic changes.

Smart water systems, like those available from Smarter Technologies Group, have many of the following features, which are fuelling sustainable change for the industry.

Monitoring is the first step in understanding usage patterns, taking water-saving actions in the immediate term, and strategizing for long-term change. This doesn’t require a costly overhaul of legacy systems. AMR smart water meters have retrofit capabilities that provide real-time metrics for simplified water management and sub-metering.

Water usage data can be monitored in real-time and stored through a system of cloud-based record-keeping, with scope for customised reporting that is aligned with objectives. This removes the need for manual readings and makes for accurate billing. It also creates a platform for more accurate forecasting, automation, modeling, and digital twinning. This means more impactful strategizing with minimal disruption to operations and quality of performance.

This metering system is pre-programmable, allowing for alerts to be set around certain thresholds. This provides powerful, actionable insights for leak detection and monitoring of ongoing usage patterns. This cloud-based platform provides monitoring and control capabilities across multi-location operations.

Stopcock functionality means water can be remotely turned off in response to breached usage thresholds or in an emergency. If automation is to be a hallmark of future sustainable water management practices, smart water solutions are leading the way in this regard.

This monitoring and management system is the simplest way to reduce consumption and so environmental impact. Data insights highlight efficiency opportunities for the achievement of easy gains around water savings, as well as adjusted patterns for strategic, long-term change.

If water scarcity predictions become a reality, this is an area that will likely become the subject of strict regulation. Smart technologies provide myriad benefits for flexibility and resilience in the face of tightening legislative provisions. Data insights will assist industries to keep within prescribed parameters. This aids continuity for manufacturing and commercial enterprises. Data readings and cloud-based record-keeping make for simplified reporting.

USE IoT TECHNOLOGIES AS A SMART STARTING POINT FOR SUSTAINABLE WATER MANAGEMENT CHANGES

Digitalisation is occurring throughout commercial operations with benefits for sustainability and reduced environmental impact. This has the power to affect everything – including utilities. In preserving our precious natural resources, the most powerful changes stand to be made by monitoring usage, analysing data, and strategizing for enhanced efficiencies.

AIPL leases 70,000 sq. ft. of office space at its state-of-the-art Grade A+ commercial complex located in Okhla, New Delhi

AIPL Legacy

New Delhi, May 22, 2023: Advance India Project Limited (AIPL), a renowned realty firm, today announced the successful leasing of approximately 70,000 square feet of Grade A+ commercial office space at its newly built commercial complex in Okhla phase 3, New Delhi.

The project, “AIPL Legacy” is a joint venture between AIPL Group and Shyam Spectra Private Limited (SSPL), it encompasses a total leasable area of 88,522 square feet. In this joint venture, SSPL owns the land while AIPL invested approximately Rs 320 million for the construction and development of the project. The company obtained the completion certificate for the project in the 3rd Quarter of 2022 and has already leased out 90 percent of the total commercial office space.

AIPL Legacy represents a remarkable integration of advanced architectural accomplishments in sustainability, technology, and engineering. Beyond its captivating visual appeal, it stands as a pioneering workspace that prioritizes the health and well-being of its occupants.

Prominent conglomerates such as Orient Electric, Atria Convergence Technologies (ACT), Dormakaba India Pvt. Ltd and esteemed law firm Bharucha & Partners have secured space within the complex to establish their offices. Additionally, world-famous outlets, including Starbucks Coffee, have leased the retail spaces.

AIPL is currently in advanced discussions for leasing the remaining areas and intends to finalize the agreements within the current financial quarter, aiming to achieve full occupancy of the building.

The company has achieved successful leasing of the complex at one of the highest rental rates (averaging Rs 140 per square feet per month) in the surrounding area, thanks to its prime location, construction quality, and impressive design.

“The strategic location of the project in the heart of South Delhi, where there is a scarcity of Grade A+ office space, has resulted in strong demand,” said Mr. Ishaan Singh, Director, AIPL Group.

Okhla has always been a preferred destination for corporates of all sizes, making it a highly sought-after commercial hub. Adding to demand is the factor like the project’s proximity to Noida, Faridabad, and Gurugram cities, added Mr. Singh.

The AIPL Legacy project is environmentally conscious, adhering to ESG (Environmental, Social, and Governance) compliance, and the building design is based on the principles of LEED (Leadership in Energy and Environmental Design) Gold certification.

AIPL Legacy offers eight levels of office space that foster a truly inspiring environment for its tenants. The tower has been meticulously designed to optimize sustainability performance and create a workspace that enhances the well-being of its occupants. From the innovative double-glazed facade to the triple-height glass atrium, every element of the building has been thoughtfully crafted to maximize natural light, promote a flexible floor layout, ensure noise reduction with the use of specialized glass, and provide high-speed elevators for seamless vertical transportation. The premises also boast ample car parking facilities, along with convenient amenities such as a bank, ATM, café, food court, and a serene terrace garden. Together, these features combine to create a state-of-the-art workplace that prioritizes functionality, comfort, and a harmonious work-life experience.