Archive: February 1, 2024

Business

From glides to goals: Day 4 at Delhi SFA Championships witnesses sporting brilliance

Feb 1, 2024 by Sujata Muguda 0 Comments #Delhi SFA Championship, #Krish Yadav, #Manava Bhawna Public School, #sport

New Delhi, February 1st, 2024: Day 4 of the SFA Championships in Delhi witnessed a thrilling display of skill and sportsmanship in multi-sports. Skating kicked off for U-7 to U-17 girls and boys, in both inline and quad categories, at the esteemed GR International School. Simultaneously, Jawaharlal Nehru Stadium saw Football, Basketball, Tennis, and Kho-Kho competitions, showcasing the dedication and competitive spirit of the participating athletes.

Krish Yadav, a talented young athlete, proudly representing the U-16 Basketball team of Manava Bhawna Public School, Nathupura, Burari shared, “I commit an hour every morning to practice at the stadium, drawing inspiration from watching my seniors play. Achieving third place in my district and competing in the U-14 Nationals in Chhattisgarh, where I secured another third place, fuelled my motivation. Today, our team clinched a victory with a commanding score of 38-4 at the SFA Championships. Participating in the SFA Championships has been an enriching experience, and I am grateful for the opportunity to compete on this platform”.

Day 4 (1)

In the skating arena, athletes exhibited remarkable agility and determination as they glided through the challenging courses, leaving spectators in awe. Action-packed football matches for U-12 to U-18 boys, demonstrated strategic gameplay and fierce competition. Simultaneously, Basketball courts buzzed with excitement as U-14 to U-18 boys and girls showcased their basketball prowess. Spectators were treated to intense matches filled with fast-paced dribbles, accurate shots, and impressive defensive plays. Tennis quarterfinals for U-10 to U-18 boys saw thrilling rallies and impressive serves.

The finals for U-14 boys and girls in Kho-Kho concluded with exhilarating matches where participants showcased agility, speed, and teamwork.

Day 4 (2)

 Results for Day 4

 

Sport Category Winner name – Athlete & School 1st Runners up 2nd Runners up Scoreboard of the 1st Place winners or matches
Tennis Girls U- 18 Aditri Shree Dwivedi, Delhi Public School , R.K Puram, New Delhi Anika Chadda, DLF Public School Vanishree Mittal, Pathways World School Gurugram
Girls U-16 Avika Yadav, Dav Public School Sec -14 ,Gurugram Ridhhi Khanna, Pathways World School , Gurugram Reva Rana,Central Academy International School
Girls U-12 Ruhani Kaur, Delhi Public School RK Puram Sadhya Kapoor, Dlf Public School Nihika Sharma, Delhi Public School
Girls U- 14 Omisha Verma, Delhi Public School, Ghaziabad Vasundra Jitika Thapar, Dlf Public School
Girls U- 10 Prisha Malhan, Prudence School 16B,Dwarka Aadya Verma, Bosco Public School Paschim Vihar
Kho-Kho Boys U-18 Noida Educational Academy Manava Bhawna Public School Nathupura Manava Bhawna Public School Nathupura
Girls U-18 Noida Educational Academy Manava Bhawna Public School Nathupura
Boys U-14 Manava Bhawna Public School Nathupura
Basketball Boys U-11 Shiv Nadar School Faridabad Manava Bhawna Public School Nathupura
Football Girls U-18 Bharti Public School, Swasthya Vihar GD Goenka Public School, Model Town 2-1
Girls U-16 Shiv Nadar School, Gurugram DLF Public School 3-0
Skating Boys, U-7, 200m Quads Shaurya Singh, HSV Global School, Sector 46 G Mihit Garg, Lancer Convent, Prashant vihar 43.5
Boys, U-9, 200m InLine Krishiv Katyal, Bal Bharti School Jasnadar Singh, Indraprastha World School Aaryan Shah, GD Goenka School 31.73
Girls, U-9, 200m InLine Aadya Dogra, The khaitan School Noida Amaira Yadav, GD Goenka School Aneeksha Shandilya, Indraprastha World School 28.4
Boys, U-9, 500m InLine Prashiv Rawal, GD Goenka Public School, Paschim vihar Krishiv Katyal, Bal Bharti School Aaryan Shah Ryan International School Noida 01:13:63
Girls, U-9, 500m InLine Aadya Dogra, The Khaitan School, Noida Ayat Khan, Shri Ram Global School Greater Noida West Avika Mishra, Gaurs International School, Noida Extension 1:09:40
Boys, U-9, 200m Quads Anay Chopra, Indraprastha world school Viraaj Luthra, Indraprastha world school Ranvit Suri, Ramagya School, Noida 29
Girls, U-9, 200m Quads Eshanshi Asthana, St.Johns School, Greater noida Aashi Fogla, Gaurs International School Prisha Goel, Shri ram Global School 32.1
Boys, U-11 200m Inline Aanav Gupta, Indraprastha world school, A-2 Pashchim Vihar Pranav Joshi, The Manthan School Greater Noida West Aarvik chahal, Shri Ram Global School, 9A, Gurugram 31.08
Girls, U-11 200m Inline Kavya Gupta, Indraprastha world school, A-2 Pashchim Vihar Aadya Verma Bosco Public school, Paschim Vihar, New Dehi Anaya Gandhi Sadhu Vaswani International School For Girls, Shanti Niketan 26.31

Looking ahead to Day 5, the stage will be set for badminton, carrom, and table tennis, promising thrilling encounters and skillful performances. Football action will provide updates on ongoing matches, building anticipation for the upcoming finals. The day will culminate with the highly anticipated finals for basketball and tennis, promising a fitting end to another day of intense sports competition.

News

Meghalaya Football Team clinches Khelo India Youth Games 2023 Championship

Feb 1, 2024 by Sujata Muguda 0 Comments #Conrad K Sangma, #Khelo India Youth Games 2023 Championship, #Meghalaya Football Team, #Shakliar Warjri

Mumbai/Shillong, February 1st, 2024: The Meghalaya football team emerged as the champions, clinching a sensational 2-0 victory over Punjab in the highly anticipated finals of the Khelo India Youth Games 2023 held in Chennai on January 31. The thrilling win marked the culmination of an extraordinary journey for Meghalaya, maintaining an impeccable undefeated streak from the group stage to the title-deciding clash.

In an intense showdown against Punjab, Badondor Marbaniang seized the spotlight with two crucial goals, securing the championship for Meghalaya. The leadership of Captain Colinsalmon Lyngdoh played a pivotal role in the team’s success throughout the tournament.

Meghalaya Football Team_img

Placed in Group A alongside formidable opponents such as Punjab, Tamil Nadu, and Uttar Pradesh, Meghalaya asserted their dominance by topping the group and advancing to the semifinals. Placed in Group A alongside formidable opponents such as Punjab, Tamil Nadu, and Uttar Pradesh, Meghalaya asserted their dominance by topping the group and advancing to the semifinals. The Meghalaya Football Team exhibited exceptional prowess in the league matches. In the first match, Meghalaya triumphed over Uttar Pradesh with a convincing 4-1 victory. Also, hard-fought battle saw Meghalaya emerge victorious against Punjab with a score of 2-1. Moreover , in another closely contested match, Meghalaya secured a 2-1 win against Tamil Nadu.

The semifinal clash against Jharkhand proved to be a high-octane encounter, with Meghalaya securing a thrilling 5-3 victory. Mebanlamlynti Marsharing’s outstanding hat-trick during this match solidified his position as Meghalaya’s top scorer, tallying an impressive 7 goals in the tournament.

In response to the team’s stellar success, the Hon’ble Chief Minister of Meghalaya, Conrad K Sangma, expressed his elation, stating, “This victory not only brings pride to Meghalaya but also showcases the immense talent and dedication of our youth. Congratulations to Team Meghalaya for their outstanding performance and bringing home the Khelo India Youth Games 2023 championship. This triumph is a testament to the spirit of sportsmanship and hard work that defines our state.”

Speaking on the sidelines of the victory, Sports Minister Shri Shakliar Warjri stated, “The triumphant success of Meghalaya football team in the Khelo India Youth Games 2023 is a testament to our unwavering commitment to sports infrastructure development and investment. The state’s dedication to creating top-notch facilities and fostering a culture of athletic excellence has played a pivotal role in achieving this remarkable victory.”

Acknowledging the exceptional performance of the players, credit is also due to the coaching staff, led by Head Coach and CDM Jeffrey Walarpih. The collective efforts of Coach Beneslaus Khyriem and Manager Andy Lyngdoh Nongpiur played a vital role in shaping Meghalaya’s triumphant journey, showcasing the significance of teamwork both on and off the field.

The journey commenced with a rigorous selection trial on January 4th and 5th, 2024, followed by an intensive Coaching cum Selection Camp from January 6th to 17th, 2024, where 25 skilled players were chosen to represent Meghalaya on the national stage.

A grand send-off programme was organised on January 16, 2024, hosted by the esteemed Khlain Pyrkhat Syiemlieh, renowned football coach of the Directorate of Sports and Youth Affairs (DSYA). The programme was attended by prominent figures, including Hamlet Dohling, President of the Meghalaya Football Association (MFA), Cliff Nongrum, Vice President of MFA, Freddy Kharpran, Convenor of the Youth Cell at MFA, Ailad K. Kynta, a distinguished player from Meghalaya, and members of the DSYA.

The team embarked on their journey from Shillong on January 17, 2024, and subsequently departed from Guwahati Airport on January 19, 2024, geared up for the challenge that awaited them in the Khelo India Youth Games.

Additionally, the team is scheduled to return from Tamil Nadu on February 1, 2024, departing from Chennai’s international airport. A formal reception, including a dignified roadshow and felicitation, has been arranged to warmly receive the team upon their arrival.

Meghalaya’s victory not only reflects the individual prowess of its players but also underscores the importance of outstanding teamwork and strategic guidance provided by their dedicated coaching ensemble.

Business

Xsolla Announces Story3, A New Platform for Creators

Feb 1, 2024 by Rekha Nair 0 Comments

Story3

LOS ANGELES – February 1, 2024 – Xsolla, a global video game commerce company, introduces Story3, a distinctive project that enables creators to explore storytelling beyond conventional boundaries. Story3 embodies a new era of storytelling freedom and Xsolla’s commitment to fostering the creative ecosystem. The platform provides a unique avenue for creators to interact directly with their audience and earn a justifiable share of revenue for their work.

“Today, creators are struggling with insufficient compensation, leading to challenges like erratic income streams and career uncertainty,” said Shurick Agapitov, Founder of Xsolla and acclaimed author of Once Upon Tomorrow. “Story3 is our bold response to these issues, offering creators a platform to negotiate better terms and achieve more stable and predictable earnings from their work.”

In an era marked by an explosion of digital content, the disparity in creator compensation has become increasingly pronounced. Addressing this critical issue, Xsolla brings forth Story3 as a meticulously engineered platform to empower storytellers, journalists, and writers, facilitating effective monetization while deepening the connection with their audience.

Story3 Features:

Direct and Enhanced Audience Interaction: Story3 enables creators to engage directly with their audience by eliminating traditional distribution intermediaries.

Efficient and User-Friendly Monetization Process: Integrating Xsolla’s expertise in microtransactions, Story3 simplifies the monetization process for creators through twists. Each user choice, a ‘twist,’ leads to a branching path, creating a personalized and unique story.
Streamlined Payouts: Story3 introduces an efficient payout system, ensuring creators receive timely and fair compensation, providing transparent, real-time earnings insights

“The current digital narrative landscape often overlooks the value of its creators. With Story3, Xsolla is changing this narrative,” said Chris Hewish, Interim CEO of Xsolla. “We’re providing a platform where creators can directly engage with their audience and be rewarded fairly for their contributions, fostering a healthier, more vibrant future for digital storytelling,”

In his visionary book “Once Upon Tomorrow,” author Shurick Agapitov explores the transformative power of storytelling and the creators’ role in shaping the future of digital interactions.

Business

Bengaluru GAFX 2024 concludes with Grand Success

Feb 1, 2024 by Sujata Muguda 0 Comments #Bengaluru GAFX, #Bengaluru GAFX 2024, #Biren Ghose, #Digital Art and Traditional Art Competitions, #the Bengaluru GAFX B2B Forum

Mumbai/Bengaluru, 1st Feb 2024— The three-day Bengaluru GAFX 2024, organized by the Ministry of IT & Bt, Karnataka, and ABAI at the Lalit Ashok, concluded today, marking a resounding success. Themed ‘Augmented Intelligence: Powering AVGC,’ the event served as a unifying force, bringing together the Animation, Visual Effects, Games & Comics (AVGC) industry for a collaborative knowledge exchange. The overwhelming response included enthusiastic participation from diverse backgrounds, including tech professionals, entrepreneurs, government officials, and students.

Bengaluru GAFX 2024

Delivering the special address at the valedictory function of the fifth edition of Bengaluru GAFX, Shri Priyank Kharge, Hon’ble Minister for Rural Development and Panchayat Raj and Information Technology & Biotechnology said “GAFX has been an active global platform enabling local talent to interact with global players and also define Karnataka as the leader in AVGC-XR intellectual property creation.”

“Year after year, Bengaluru GAFX spells out our dedication to becoming a global skilling hub and position Karnataka as the world’s top professional destination for creativity and technological advancement. It was also announced that creativity as a skill will be considered in Karnataka’s education policy. Additionally, a Centre of Excellence dedicated to gaming will be announced in the state as a state-of-the-art facility to offer further impetus to the sector.” He added

Furthermore, today, Shri Priyank Kharge, the Hon’ble Minister for Rural Development and Panchayat Raj, as well as Information Technology & Biotechnology, officially launched the Karnataka AVGC-XR 3.0 Policy. This policy outlines a strategic direction for fostering the growth of creative talent, enhancing educational opportunities, and driving economic development within the state, aiming for global recognition.

The Bengaluru GAFX 2024 has been a global standout, engaging participants from 10 countries in 120 sessions with insights from 200 speakers. The event garnered over 12,000+ attendees, involving 300+ individuals across all five categories, and awarded a total of INR 10 Lakhs. The Bengaluru B2B Forum 2024 featured 19 buyers from 5 countries, 42 pitches, and facilitated 174 business interactions, resulting in the signing of 53 Letters of Intent (LOIs) and Memoranda of Understanding (MOUs).

Throughout the conference, groundbreaking technologies, and products were unveiled, promising to reshape the AVGC industry and societies. Industry veterans and thought leaders, including winners of prestigious awards such as Oscars, British Arrows, VES Awards, Cannes Golds, and esteemed Indian accolades actively participated, emphasizing the transformative potential of technological advancements. Bengaluru GAFX stands out as a unique event in the AVGC industry, facilitating the convergence of Indian and international synergy. Both international and Indian studios, along with industry veterans, presented some of the largest and most critically acclaimed titles during the event.

The Summary of Three-Day Bengaluru GAFX, 2024

The first day set the stage with a Fireside Chat titled “The Indian Video Gaming and Esports Industry,” featuring insights from Mr. Kris Gopalkrishnan, Chairman of Axilor Ventures and Co-founder of Infosys, and Mr. Rajan Navani, Vice Chairman & Managing Director at JetLine Group of Companies, and Founder & CEO of JetSynthesys. The session delved into the evolution and prospects of gaming, esports, and digital entertainment. Both speakers emphasized technology’s transformative influence, reaching beyond entertainment to impact education and healthcare. The discussion urged industries to reimagine and embrace global competition, highlighting India’s potential for global leadership. Esports emerged as a bridge between digital and physical realms, emphasizing social dimensions and new opportunities. The session also touched upon the recently released draft AVGC-XR policy by the Karnataka Government, aiming to generate 30,000 jobs in the sector by 2028, creating a talent pool and ensuring exports constitute at least 80 percent of the sector’s total revenue.

Day 1 also featured the session “Investor Speak – Strategies for Staying Relevant and Resilient in the Indian Gaming Startup Ecosystem,” where Shri P V Harikrishnan, CEO of KITVEN Fund, emphasized the government’s role in creating a supportive ecosystem through policies and investments. He announced the launch of the Karnataka Information Technology Venture Capital Fund KITVEN fund-4 (AVGC) for Karnataka entrepreneurs, with a corpus of Rs. 20 crore. The fund, initiated by the Department of IT, BT & ST, Government of Karnataka, and with participation from other State Government firms/institutions, undertakes investments in the range of Rs. 50 lakhs to Rs. 100 lakhs per company during the initial stage, which can be enhanced up to Rs. 200 lakhs per company at a later stage/follow-on investment.

On the 2nd day, attention turned to innovation with the unveiling of two state-of-the-art platforms. Avataar Creator, introduced by Gaurav Baid, Co-founder & CPO of Avataar, is a revolutionary Gen-AI platform reshaping spatial storytelling. It provides businesses and individuals with an unparalleled tool for enhancing product narratives through advanced AI and cutting-edge 3D technologies. Avataar’s proprietary Neural Radiance Field (Nerf) technology simplifies the creation of 3D assets tailored for e-commerce, complemented by the Creator SDK for high-fidelity rendering and interactive experiences. The second platform, ScriptViz, launched by Vivek Reddy, CEO/Co-Founder of Viga Entertainment, is an innovative tool transforming the visualization of scripts for filmmakers, screenwriters, and directors. It incorporates the latest advancements in Large Language Model (LLM) technology.

In another session on 2nd day on “The Future of Education for AVGC,” explored technological advancements, special effects in movies, and the impact of animation on the entertainment industry. Dr. M C Sudhakar, Hon’ble Minister for Higher Education, Govt. of Karnataka, committed to crafting a curriculum integrating engineering technology and fine arts to meet industry demands.

On Day 3, Games24x7, India’s leading online skill-gaming platform, revealed 15 startups selected for its GameTech Accelerate program, launched in collaboration with the Government of Karnataka in December 2023. This innovative accelerator focuses on four key areas: New Games, Real-Time Analytics, Security, and Community Integration. The chosen startups will undergo mentorship sessions covering crucial aspects of startup success, guided by experts from Games24x7, AWS, and Lumikai.

At the Bengaluru GAFX 2024, Day 3 showcased Digital Art and Traditional Art Competitions, including Traditional Painting, Digital Painting, Traditional Sculpting, Digital Sculpting, and 3D Character Animation. Participants from across India, both students and professionals, engaged in a creative display of artistic prowess. Manjunath S, secured the top position in the 3D Modelling-Student category, while Jayasurya M Rao claimed the first place in 3D Modelling-Professional. In the Traditional Painting-Student category, Sharath N emerged as the winner, and Kalyani Hadapad emerged victorious in the Traditional Sculpting-Professional category. Abhishek Anchan triumphed in the Digital Painting-Student category, and Vijayakanth K emerged as the winner in the Digital Painting-Professional category. Karthik I Kambar achieved success in the Traditional Clay-Student category, while Gitesh G Pawan emerged as the winner in the Traditional Clay-Professional category. Shyam P and Midhun Mohan secured victories in the Character Animation-Student and Character Animation-Professional categories, respectively.

On Day 3, Shri Priyank Kharge, Hon’ble Minister for Rural Development and Panchayat Raj, and Information Technology & Biotechnology unveiled the Government of Karnataka’s collaboration with the All-India Game Developers Forum (AIGDF) for a Digital Detox Initiative. This initiative, focusing on gaming and social media, aims to foster a meaningful and constructive tech environment while minimizing negative effects. Online and offline Digital Detox Centers will be established across Karnataka, providing personalized guidance, practical tools for managing screen time, and community connection through workshops. Additionally, a statewide awareness campaign will be launched to promote healthy digital habits. This initiative aligns with the government’s commitment to building a digitally empowered Karnataka through responsible technology use.

On the final day, Mr. Biren Ghose, President ABAI and Managing Director – Asia Pacific, Technicolor Creative Studios, presented the valedictory speech, highlighting the remarkable facets of the AVGC sector and the collective endeavors of industry collaborators for its triumph which revolved around the three key elements: Creativity, Collaboration, and Content. GAFX 2024 succeeded as a platform bringing together notable partners and associates including AIGF, FIFS, IDGS, EGF, EPWA, TVAGA, Asifa India, and wia (Women in Animation.

Additionally, the Bengaluru GAFX B2B Forum serves as a meticulously designed platform connecting IP owners, developers, content creators, and production houses with the aim of fostering groundbreaking content. This event functions as an exclusive interface, drawing in selected international and national studios, producers, broadcasters, distributors, and financiers. Distinguished industry figures, including Rajeshwari Roy, Associate Chief Producer & Head of Content – Animation, Digital & Broadcast Media at Ramoji Group, Farnaz Esnaashari-Charmatz, Creator of Nickelodeon’s hit international franchise Shimmer and Shine, and Russell Tracy Jr. from Mikros Animation, have actively contributed to the stellar industry lineup at this marketplace forum.

The 5th edition of Bengaluru GAFX, concluding successfully, stands as a testament to the thriving AVGC industry in India, underscoring Karnataka’s pivotal role in shaping its trajectory. As the event wrapped up, the dates for the 6th edition of Bengaluru GAFX 2025 were announced from February 26th to 28th.

News

Get Ready For the ‘Budget Ballot: Vote for Growth” with CNBC-TV18 – India’s Budget Headquarters

Feb 1, 2024 by Sujata Muguda 0 Comments #budget, #Budget Ballot: Vote for Growth, #CNBC-TV18, #India’s Budget, #Smriti Mehra

1st Febreuary 2024: CNBC-TV18, India’s No. 1 English Business news channel, kickstarted its exclusive Budget programming with ‘The Budget Ballot – #MyBudgetWishlist’ campaign, a pioneering initiative that captured the nation’s pulse and given voice to the citizens’ expectations leading up to the Interim Budget 2024. With over 2500 entries received through the website and multiple on-ground touchpoints in Mumbai and Delhi, the campaign emerged as a significant channel for the nation to articulate its hopes and expectations from the Union Budget and the finance minister, especially as a run up to the upcoming general elections.

Budget 2024 CNBC-TV18 New Creative 1

This engaging initiative complemented the dynamic CNBC-TV18 programming lineup dedicated to offering in-depth insights and expert analysis in the run-up to the Budget as well as decoding the implications of the announcement for the audience.

The pre-budget shows comprehensively address various facets of the Budget, featuring well-researched information and cutting-edge analysis led by CNBC-TV18’s Esteemed Guest Editors such as Dr. K.V. Subramanian, Executive Director, International Monetary Fund and Former CEA; N.K. Singh (15th Finance Commission); Sajjid Chinoy (JP Morgan); Dinesh Kanabar (Dhruva Advisors). In the ‘Budget Market Masters,’ market veterans like Raamdeo Agrawal (Motilal Oswal Financial Services); Nilesh Shah, (Kotak Mahindra AMC); S Naren (ICICI Prudential AMC); Prashant Khemka (White Oak Capital); and Ashok Wadhwa (Ambit) discuss expectations of the markets and anticipated movements because of the Budget announcement.

Budget FM Speech CNBC-TV18 Insta

The comprehensive and well-rounded Budget Day reportage will include shows such as the “The FII View” where the viewers gain a perspective on foreign investments in India, featuring Robert Sockin (CITI) and Arvind Sanger (Geosphere Capital) sharing their expertise. Featuring the biggest voices from India Inc., leaders such as Dinesh Khara (SBI), Sanjiv Bajaj (Bajaj Finserv), Sanjiv Puri (ITC), Sunil Vachani (Dixon Technologies), Suneeta Reddy (Apollo Hospitals) will share their opinions & analysis of the Budget 2024 announcement. Through ‘Mapping the Macros’, experts such as Sajjid Chinoy (JP Morgan), Jahangir Aziz (JP Morgan), and Samiran Chakraborty (CITI India) will explain the macroeconomic landscape and in ‘The Tax Tangle’, Dinesh Kanabar (Dhruva Advisors), Rajiv Memani (EY) and Sudhir Kapadia (EY) will help decode taxation complexities.

“The CNBC-TV18 Budget Ballot campaign is a powerful forum for voicing our nation’s collective hopes & dreams from the Budget. We believe the Citizen must be at the centre of policy making and the Budget ballot is an effort to initiate a dialogue. This is our latest effort in making the Budget accessible to viewers, an endeavour we have been committed to for the last 25 years. Our experience, expertise and understanding of the Union Budget will ensure our coverage comprehensively decodes the fine print of the Interim Budget 2024 and amplifies the impact of the announcements, all this LIVE and in real time. With a stellar line up of industry leaders, economists, policymakers & global investors, CNBC-TV18 will bring you the most value-added analysis of the Union Budget”, stated Shereen Bhan, Managing Editor, CNBC-TV18.

Smriti Mehra, CEO, Business News, Network18, added, “Our dedication to being the foremost authority on business & financial news and insights is encapsulated in our programming lineup and the enthusiastic response to the #MyBudgetWishlist campaign. As Budget Day approaches, we aim to equip our audience with information that is relevant and useful to them in their financial journey. For Union Budget 2024, we have partnered with some of the most renowned brands such as Life Insurance Corporation of India, along with State Bank of India and Bandhan Bank. Notably, CNBC-TV18 being a multiplatform news brand, will be going LIVE on TV, website, and YouTube, ensuring that our viewers can access real-time updates and expert analysis seamlessly across various mediums.”

Business

Noatum Successfully Completes the Acquisition of Sesé Auto Logistics

Feb 1, 2024 by Rekha Nair 0 Comments

Antonio Campoy and Alfonso

Madrid, Spain/ Abu Dhabi, UAE – 1st February 2024: AD Ports Group (ADX: ADPORTS), one of the world’s premier facilitators of logistics, industry, and trade, announces that Noatum, which leads its Logistics Cluster operations, successfully closed the acquisition of 100% equity ownership of Sesé Auto Logistics, the Finished Vehicles Logistics (FVL) business of Grupo Logístico Sesé, for a total purchase consideration (Enterprise Value – EV) of EUR 81 million. The acquisition, which was approved by all relevant European regulators and closed today, solidifies Noatum’s commitment to providing comprehensive solutions across the entire logistics value chain in the automotive industry.

The acquisition implies a trailing EV/EBITDA of 3.8x based on the company’s Last Twelve Months (LTM) performance to December 2023 – revenue of around EUR 106 million, with EBITDA margin of 21%. Going forward, Noatum expects a normalisation of the European automotive logistics market, which has been factored in the transaction business case.

The acquisition of Sesé Auto Logistics, which will be fully consolidated into Noatum from February 2024 onwards, enhances Noatum’s standing in the European automotive logistics market. The company is renowned for its road transport logistics of light and heavy vehicles, and operates in most European countries – with offices in Spain, Germany, Poland, Czech Republic, and Hungary – and a fleet of over 200 trucks covering more than 30 million kilometres annually.

Sesé Auto Logistics’ reputation for technological innovation and commitment to environmental sustainability aligns seamlessly with Noatum’s vision for growth. By integrating the company into Noatum’s Automotive brand, Noatum aims to provide a full end-to-end logistics solution – from RoRo Terminal handling, to vehicle transportation, to final delivery. This strategic move anticipates significant synergies with Noatum’s existing port terminals business in Spain, reinforcing its integrated logistics solution for Original Equipment Manufacturers (OEMs) and other stakeholders. Noatum Automotive maintains its strategy of neutrality towards all its stakeholders.

The acquisition is part of Noatum’s strategic vision to emerge as a leading European supplier of logistics services to the finished vehicle sector, capitalising on the projected 6% annual growth in the continent’s EUR 3 billion FVL market. The integration of employees and the rollout of the new brand, Noatum Auto Logistics, are already underway, reinforcing Noatum’s commitment to excellence in the automotive logistics industry.

Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group, said: “With the necessary regulatory approvals secured, Noatum’s acquisition of Sesé Auto Logistics signifies an important step in realising AD Ports Group’s vision for becoming a leading global logistics services provider with broad international reach across all leading industry sectors, inclusive of automotive. This strategic move enhances our capabilities, expertise, and logistics networks, and positions us well to expand within Europe’s and the Mediterranean Region’s growing and lucrative Finished Vehicles Logistics industry.”

Antonio Campoy, Chief Executive Officer, Noatum Group, Logistics Cluster, AD Ports Group, said: “Our main focus with Noatum Auto Logistics is to enhance our industry solutions to meet our customers’ evolving needs and to strengthen our product range across the logistics supply chain, which will enable us to compete as a major player in the global automotive sector.”

Business

UNO Technology commences its first-ever project in India with cutting-edge Air Traffic Control Cabin at Noida International Airport

Feb 1, 2024 by Sujata Muguda 0 Comments

Unni_BhaskarNew Delhi,1st Feb 2024: UNO Technology, a leading engineering solutions company specializing in high-vision air traffic control cabins and towers, announced its inaugural project in India. The company is set to bring cutting-edge technology to the forefront as it contributes to the success of Noida International Airport’s Air Traffic Control (ATC) cabin construction to revolutionize the need for advanced ATCs. This approach adheres strictly to International Civil Aviation Organization (ICAO) standards, aiming to address critical issues such as limited visibility, obsolete equipment, and elevated levels of fatigue among air traffic controllers, negatively impacting operational efficiency and safety standards.

As a specialist contractor for Noida International Airport in Jewar, U.P., UNO Technology is facilitating the construction of the groundbreaking High Vision Air Traffic Control Room for the new Air Traffic Control Tower. The company is implementing a first-of-its-kind innovative framing system without mullions for glazing in the Visual Control Room (VCR).

The ATC cabin, masterfully facilitated by UNO Technology, boasts an obstruction-free vision for air traffic controllers. While elevating operational efficiency and safety at the airports, these advanced features are setting a new benchmark for air traffic control infrastructure in India. It aligns seamlessly with global aviation standards.

Mr. Unni Bhaskar, Managing Director of UNO Technology Private Limited, expressed the company’s enthusiasm for the project, stating, “Our debut project in India with the Noida International Airport is a significant milestone. We bring not only innovative technology but also a commitment to quality and customer satisfaction through advancing air traffic control infrastructure in the country. Since our motto is ‘100% made in India, made for the world’, we take pride in contributing to the growth of the Indian aviation industry on a global scale. This project is a step towards our vision for a safer and more efficient future in aviation.”

The Noida International Airport project, owned by Zurich Airports Group and executed by TATA Projects Limited, represents a landmark collaboration in the aviation sector. This ambitious project positions the airport to become the fourth-largest globally and the largest in India.

Business

MS Dhoni backed Shaka Harry soon to be in HORECA with its latest innovation Chefsclusive

Feb 1, 2024 by Sujata Muguda 0 Comments

MS Dhoni Bengaluru…Feb 1st, 2024…Shaka Harry India’s best-performing plant-based meat brand, proudly announced the debut of its latest innovation, ‘Chefsclusive.’ Tailored exclusively for the HORECA (Hotel/Restaurant/Café) sector. Chefsclusive introduces an array of starters, snacks, meals, and accompaniments, aiming to meet the burgeoning demand for diverse and high-quality plant-based options in out-of-home dining experiences.

Crafted as a chef-designed range, Chefsclusive stands as a testament to Shaka Harry’s commitment to bringing innovation to plant-based cuisine. The range caters to the preferences of both vegetarian and the increasingly popular flexitarian customers, offering an exciting blend of flavors and formats. Chefsclusive masterfully balances price, quality, and taste, providing commercial partners with the flexibility to adapt and modify offerings to suit the discerning palate of their clientele while ensuring profitability.

Mr. Anand Nagarajan, Co-founder and CEO, of Shaka Harry, shared his vision for Chefsclusive, stating, ” The HORECA supply market in India is estimated to be around 40 billion USD. The explosion of out-of-home eating occasions presents an unprecedented opportunity for menu innovation. With Chefsclusive, we aim to provide an in-depth curation of dishes that elevate the dining experience, meeting the sophisticated demands of today’s consumers.”

Mr. Sandeep Devgan, Co-founder, of Shaka Harry, emphasized the importance of evolving plant-based cuisine, stating, “The evolution of plant-based cuisine is essential to keeping it relevant and exciting. Indian cuisine, with its rich tapestry of tastes, flavors, and formats, is perfectly poised for this transformation. Chefsclusive reintroduces these elements in healthier, cleaner options without compromising on taste and experience.”

Celebrated cricketer and sports icon, MS Dhoni, extended his best wishes to the team: “I am excited to see Shaka Harry launch Chefsclusive. Their commitment to innovation and quality is commendable. Best wishes to the team for this venture.”

The HORECA sector in India has witnessed remarkable growth, with recent statistics indicating a robust expansion in both urban and semi-urban areas. This growth is further fueled by the rising consumer interest in plant-based diets and sustainable eating practices.

Complementing the Chefsclusive launch, Shaka Harry introduces the Experience Co-creation Centre. This state-of-the-art facility invites HORECA customers to collaborate with Shaka Harry’s food technologists to create exclusive, customized products. The goal is to foster a partnership that transcends traditional supplier-client relationships, ensuring a unique and mutually beneficial culinary experience.

Education

Orchids The International School creates Paradigm Shift in Education with the launch of ‘Imagine Hub’ in Mumbai

Feb 1, 2024 by Sujata Muguda 0 Comments

Orchids The International SchoolMumbai, Feb 1st, 2024: Venturing into a transformative era in education, Orchids The International School, a leading K12 institution, introduced the innovative ‘Imagine Hub’. The state-of-the-art labs were inaugurated by Renowned Film-maker Rahul Srivastava, Hitesh Shah Head of Education, Apple India, Dr. Madhuri Sagale, VP of Academics of Arts-Orchids Kavita Chatterjee, VP of Academics-Orchids and Sunayana Awasthi, Principal, Orchids The International School, Mulund Campus. The Imagine Hub launched in Mulund Campus features Astronomy, Robotics, MAC Coding, Tinkering, Dance, Theater, Music, Weaving & Printing, Pottery & Painting and will be available in Orchids Mulund, Thane, Seawoods, and Sion campuses respectively. The Imagine Hub labs have been built by HomeLane, an innovative interior design company utilizing technology to offer comprehensive end-to-end interior solutions.

Lab-based education prioritizes practical experiences and experimentation, catalyzing transformative learning experiences, and empowering previously passive learners to evolve into active participants. Through hands-on experiments, data analysis, and conclusions, students are not merely recipients of information but active contributors, fostering essential skills such as critical thinking, problem-solving, collaboration, communication, and creativity. These purposefully crafted Imagine Hub aims to arm students with the practical tools necessary for the effective application of knowledge.

Commenting on the launch, Rahul Srivastava, said “As a seasoned filmmaker, I find immense inspiration in the Performing and Visual Art Labs curated by Orchids The International School for its students. The ‘Imagine Hub’ Labs marks a pivotal shift in education, transcending conventional textbook methods. They propel students on a cinematic journey that seamlessly integrates STEM, Astronomy, and Arts. Orchids are making significant strides in providing comprehensive education, nurturing the next generation of storytellers and problem-solvers—a feat truly worthy of celebration.”

Reflecting on the lab launch, Kavita Chatterjee, VP of Academics, Orchids The International School spoke about the significance of lab-based learning in equipping students with practical expertise, especially in STEM fields. She said, “At Orchids The International School, we’re thrilled about enforcing the significance of lab-based learning in equipping students with practical expertise that aligns with the National Education Policy (NEP) 2020 vision and the National Curriculum Framework (NCF) 2023. With its potential to improve academic achievement, develop essential skills, and prepare students for the future, lab-based education is sure to play an increasingly important role in education for years to come. The initiation of our Imagine Hub underscores our dedication to delivering a holistic and inventive learning environment for our students.”

Dr Madhuri Sagale, VP-Academics of Arts, Orchids The International School, shared her thoughts, stating, “We strongly believe that Performing and Visual Arts not only enables a healthy form of expression but also nurtures overall well-being by enhancing Creativity and Expression, Fine Motor Skills, Focus and Patience, Cultural Awareness, Stress Relief, Problem Solving, Spatial Awareness, Cognitive Development, Sense of Accomplishment, Teamwork and Collaboration. Experiential learning in arts labs has been associated with better retention of information and a deeper understanding of artistic concepts contributing to cultural and emotional intelligence. Through Imagine Hub our objective is to ensure that every student receives the invaluable opportunity to learn, create, and explore new ideas and innovative concepts in their artistic process that transcend the confines of the classroom.”

The creation and execution of Imagine Hub underscores Orchids’ dedication to cultivating well-rounded competencies among students. Beyond academic excellence, the school’s objective is to foster a comprehensive preparedness for various domains such as sports, creative expression, future artistic endeavors, and essential life skills like coding and robotics.

Business

Noise announces the launch of NoiseFit Vortex Plus with the Smart Noise OS integration

Feb 1, 2024 by Sujata Muguda 0 Comments

noiseNew Delhi, 1st Feb 2024: Noise, India’s leading smartwatch and connected lifestyle brand, today took another leap in innovation with the launch of NoiseFit Vortex Plus integrated with Noise OS, designed for smartwatches. A Smart wearable that beckons users to “Ride the Wave of Excellence” with its seamless blend of cutting-edge features and aesthetic looks. NoiseFit Vortex Plus features the innovative Noise OS with enhanced UI performance which redefines user interaction, providing a seamless and intuitive interface. The smartwatch launches today on Amazon and gonoise.com for INR 1,999 in nine elegant colors within silicon and metallic strap options, including Jet Black, Space Blue, Vintage Brown, Classic Brown, Classic Grey, Black Link, Silver Link, Elite Black, and Elite Silver.

Tailored for individuals seeking excellence in both style and functionality, this smartwatch keeps users informed and in control by providing crucial details like UV index and rainfall probability. Multitasking is a breeze with NoiseFit Vortex Plus, enabling discrete timer management in the background. The 1.46-inch AMOLED display, boasting 466*466 pixels, ensures a captivating visual experience with crystal-clear visuals and vibrant colors. The premium metallic build, coupled with a glossy finish, makes the NoiseFit Vortex Plus a striking accessory for those who appreciate sophistication. Its sleek, refined design caters to discerning users who seek a perfect blend of style and substance. Personalization reaches new heights with animated and mood-based watch faces, allowing users to customise their experience and infuse a distinctive touch into their daily style. The NoiseFit Vortex Plus also comes with Tru Sync™ to enhance the Bluetooth calling experience with the help of a Single Chip Bluetooth Set, providing a hassle-free connection with mobile phones and providing users with the most advanced calling experience in the industry with the help of Bluetooth 5.3.

The NoiseFit Vortex Plus offers a diverse range of features for both productivity and health monitoring. With the Noise Health Suite™ users can effectively monitor essential health metrics such as heart rate, SpO2, sleep patterns, and stress levels, among others. The smartwatch offers an impressive battery life of up to 7 days. On the other hand, the integrated Productivity Suite™ keeps daily reminders and weather forecasts easily accessible. The IP68 water and dust resistance ensures durability in any environment along with 100+ sports modes and watch faces. It also offers seamless pairing with the NoiseFit App delivering a comprehensive suite of features for tracking, monitoring, and strengthening the wellness journey. The Noise Buzz allows the users to single-handedly call from the watch dial-pad which can save up to 10 contact details on the smartwatch.