Archives March 2024

Mumbai, 15th March, 2024 – Asian Energy Services Ltd (AESL), a leading player in the energy infrastructure sector, is delighted to announce its recent success in winning yet another important contract (alongside its partner) from Hardy Exploration & Production (India) Inc. The contract involves laying of flexible flow lines, dynamic risers, control umbilicals and associated accessories in PY3 Field in the Southern Coast of India. The esteemed project base scope is valued at approximately INR 48 CR including taxes and it will be executed in FY25. In addition to the base scope, the Letter of Intent also has a provision for extension of work scope by Hardy Exploration & Production (India) Inc. The execution of work under this award will contribute to the company’s financial performance in FY25. With this Letter of Intent, AESL has further expanded its services offering in Oil & Gas sector and aims to become the first-choice service provider for Oil & Gas companies.

Mr. Kapil Garg, Managing Director of Asian Energy Services Ltd, expressed his excitement, stating, “We are thrilled to receive Letter of Intent from Hardy Exploration & Production (India) Inc. This project award is a testament of our credibility and relations with Oil & Gas industry players. We are confident of further expanding our offerings with our esteemed customers. With recent contract awards in both Mining Services and Oil & Gas services verticals, we have strengthened our position as a credible player. Execution of these newly awarded projects along with projects we already have in our hand gives us a strong foundation and provides revenue visibility for FY25 and onwards. We are excited with the ongoing creation and modernization of infrastructure in the energy and mining sectors, and are looking to secure more projects”.

15th March 2024: HYPHEN, founded by PEP Technologies and celebrity entrepreneur Kriti Sanon, has now released the Ultra Light Water Sunscreen SPF 50 PA++++. This newly launched lightweight sunscreen is a pioneering product because of its one-of-kind fluid texture that uses cutting-edge technologies like UV and Blue Light Protection to simplify sun protection.

Sun care has risen to new heights to become one of the hottest categories in beauty and personal care over the past year. However, most sunscreen products in the market feel sticky and heavy on the skin and do not blend well, leading to many consumers avoiding using them altogether. HYPHEN recognized the need for a sunscreen that complements any skin care regimen and leaves the skin feeling light and healthy. The brand further took into consideration its consumers’ feedback for a lightweight sunscreen to create the revolutionary Ultra Light Water Sunscreen SPF 50 PA++++.

The Ultra Light Water Sunscreen SPF 50 PA++++ is meticulously crafted with a blend of 5% antioxidants to protect the skin from photodamage, 1% hyaluronic acid with multiple molecular weight for long-lasting hydration. The sunscreen also includes other powerful ingredients such as 10% Cica Extracts, Chamomile and Aloe Vera to soothe skin in the sun, reduce inflammation, improve skin moisture, and keep it hydrated. The composition is exceptionally lightweight, fragrance-free and does not feel heavy on the skin. It is also non-comedogenic and leaves your skin with a radiant finish without any white cast.

Kriti Sanon, Co-Founder and Chief Customer Officer at HYPHEN, expressed her enthusiasm for the new sunscreen, saying, “We at HYPHEN are committed to continuous innovation, iteration, and going the extra mile to enhance both our products and the overall experience for our customers. After the success of All I Need Sunscreen and reading some consumer demands for an even lighter sunscreen, we at HYPHEN decided to expand our sunscreen portfolio and developed the Ultra Light Water Sunscreen. It has a one-of-a-kind fluid texture, and I’ve been using the sunscreen for all my shoots lately. I am super excited to see consumer reactions to our new launch!”

HYPHEN’s team combines the power of nature and science to create skincare solutions that truly make a difference. The brand’s recent additions to its portfolio, the Retinal Reset Serum and its range of Cleansers, have garnered an overwhelmingly positive response from its consumers. This further bolsters HYPHEN’s commitment to delivering skincare solutions that are innovative and effective.

And now, with its groundbreaking sunscreen, HYPHEN allows you to step out in the sun without worry this summer! The Ultra Light Water Sunscreen SPF 50 PA++++ is currently available on HYPHEN’s official website and major e-commerce sites such as Nykaa, Amazon, and Flipkart.

Bhumika Group, North India’s leading commercial real estate developer, and the visionary developer behind Rajasthan’s largest mall, is proud to announce a significant milestone in its expansion journey. Within just two weeks of signing the lease agreement for the NHPC Metro Station Retail Area spanning approximately 33,000 square feet, Bhumika Group has successfully leased over 50% of the leasable area to prestigious brands such as Tata’s Zudio and Shoppers Stop.

With a proven track record in retail development and leasing expertise, Bhumika Group continues to set new standards in the industry. This achievement underscores the company’s commitment to delivering exceptional spaces that attract renowned brands and provide unparalleled shopping experiences to consumers.

In another exciting development, Bhumika Group is venturing into the thriving Mathura Road Micro Market of Faridabad. The company plans to transform the area with a massive retail and F&B exercise, encompassing over 5 lakh square feet of space. This ambitious project represents an investment of over 600 crores, demonstrating Bhumika Group’s dedication to contributing to the economic growth and development of Faridabad.

“We are thrilled to inform about our continuous accomplishments in the retail sector,” said Uddhav Poddar, MD of Bhumika Group. “The successful leasing of NHPC Metro Station Retail Area and our entry into the Mathura Road Micro Market of Faridabad signify our unwavering commitment to creating vibrant, dynamic spaces that cater to the evolving needs of consumers and brands alike.”

Bhumika Group looks forward to further expanding its presence and making significant contributions to the retail landscape in India.

The dedication of non-governmental organizations (NGOs) to changing the perception of disability, transforming obstacles into opportunities, and enabling each person to realize their potential is essential to the development of a country. We highlight five outstanding non-governmental organizations (NGOs), with CBM India in the lead, that have turned into rays of hope, bringing about profound changes in the lives of the nation’s crippled citizens. All of these organizations share the same goal of dismantling obstacles, redefining social norms, and opening doors for a more equal and inclusive future in which everyone, regardless of ability, is valued for their contributions to society.

1. Enable India works to empower individuals with disabilities by encouraging inclusive work and education. Enable India is transforming the job market for people with disabilities by working to build a more inclusive and accessible society by collaborating with creative organizations and implementing novel initiatives that empower people with a range of abilities to pursue opportunities and independence.
2. CBM India Trust is a leading Indian not-for-profit development organization committed to improving the quality of life of persons with disabilities and other marginalized communities. It has been working alongside persons with disabilities to remove cultural and environmental barriers to their full participation in health, education, and livelihood in over 25 states. It promotes inclusive development models that break the vicious cycle of poverty and disability.
3. The Ability People is dedicated to encouraging disadvantaged people to start their businesses. By assisting people in starting their enterprises and advancing the nation’s economy by offering resources, guidance, and support, The Ability people believe in a future where everyone’s unique capabilities are acknowledged and are committed to creating inclusivity and breaking down barriers for people with various abilities.
4. Samarthyam, an NGO that specializes in building infrastructure that is accessible to all. Samarthyam is actively promoting universal design, guaranteeing that those with disabilities can travel the world with dignity and freedom, from accessible public areas to transportation. They are a catalyst for change that promotes inclusion and accessibility for individuals with disabilities and work nonstop to create a society in which everyone has equal access to opportunities.
5. The National Association of the Deaf (NAD) is dismantling barriers to communication and guaranteeing that the deaf community has equitable access to opportunities and services via advocacy, education, and community empowerment. Committed to safeguarding the rights and welfare of the hard-of-hearing, NAD fosters inclusivity, equal opportunity, and a world in which all individuals can flourish regardless of their level of hearing ability.

These NGOs have stitched a story of inclusivity, empowerment, and resilience into the fabric of change that transcends boundaries and changes people’s lives. Their steadfast dedication to changing the course of the nation’s crippled population is evidence of the strength of empathy, activism, and creativity. When we consider the significant paths taken by these groups, it is clear that the combined influence of their efforts has not only destroyed prejudices but also cleared the path for a society in which diversity is valued and everyone has the chance to succeed.

Gold is trading at record high prices around $2200 (~Rs 66000) on strong demand from China, as Chinese investors are hedging against potential economic instability amid the commercial real estate crisis in their country. Moreover, lower growth concerns in other economies around the world is also supporting the prices. There are several other reasons why gold prices have increased in the United States. Some investors are trying to hedge against the possibility of higher-than-expected inflation, realign their portfolios after the stock market boom, and protect themselves from geopolitical instability. Concerns about wars between Russia and Ukraine and Israel and Hamas, as well as the upcoming presidential election in November, are among the concerns that investors have. As gold prices have run up too fast in the last week, we could see a bit of correction and retracement up to $2155 (~Rs 65000) and $2125 (~Rs 64400).

Bengaluru, March 2024: Carrying the beacon of intellectual fervor, the Drone Technologies lab was inaugurated at GITAM (Deemed to be University) Bengaluru campus, furthering its commitment to innovation and technological advancement during a Conclave on Academic Research (CAR). The conclave, organized under the aegis of the Department of Computer Science and Engineering, welcomed a prestigious panel of speakers, who offered profound insights into cutting-edge research and facilitated collaborative endeavors. Prof. Mangal Kothari, a Professor at IIT Kanpur, officiated the ceremony alongside Dr. KNS Acharya, the Pro Vice Chancellor of GITAM (Deemed to be University), Bengaluru Campus.

Other distinguished luminaries such as Prof. U.B. Desai, Former Director of IIT Hyderabad; Prof. S Sundar, Director of NIT Mizoram, and Chair Professor at IIT Madras; and Prof. Pramod Kumar Singh, Professor at IITM Gwalior and Associate Professor at IISc Bengaluru, graced the Conclave.

GITAM (Deemed to be University) also signed a Memorandum of Understanding (MoU) with DronaVyuh Technology, fostering collaboration between academia and industry experts in drone-related projects. The partnership aims to explore areas such as battery life, flight stability, and autonomous navigation, propelling innovation in fields like deliveries, search and rescue operations, and weather monitoring. Research into noise reduction and air traffic management paves the way for broader social acceptance and integration of drones into everyday life.

The inauguration of the drone lab aligns with GITAM’s broader vision of advancing interdisciplinary research initiatives, as evidenced by the Multidisciplinary Unit of Research in Translational Initiatives (MURTI) laboratory recently inaugurated by Dr. Kota Harinarayana, Programme Director, and Chief Designer of the Light Combat Aircraft (LCA) Tejas program and U.S. Consul General Chennai Christopher W. Hodges.

Prof. U.B Desai enlightened researchers on innovation and entrepreneurship, various funding opportunities, and insights on CRISPR and Quantum Computing technologies. Additionally, Professor Desai showcased an autonomous electric vehicle [buggy] developed at the Indian Institute of Technology Hyderabad for potential intra-campus transportation purposes.

Prof. P.K. Singh highlighted optimization techniques and their applications to various real-world problems. He specifically discussed scheduling challenges related to electric vehicle charging mechanisms.

Prof. Mangal Kothari presented the research and development activities related to autonomous vehicles and robotics at his organisation. He showcased prototypes of various drones and robotic systems his team engineered.

Prof. Sundar underscored the significance of Mathematics in addressing any research issues, particularly in computer science and related fields. He exhibited the mathematical modelling of human movement, traffic examination, pedestrian modelling, and other related areas.

Prof. Soma Biswas presented on current trends in computer vision research. She demonstrated and discussed the object detection problem through vehicle identification. The training and testing of vehicles using the ‘Train and Ignore’ principle was highlighted with practical examples.

The International Green Warrior Olympiad, or IGWO, represents hope for the next generation of environmental leaders. Its principal objective is to encourage the next generation of environmental enthusiasts and promote a sustainable future. It was created through a partnership between CREST Olympiads and the Association of Indian Principals (AIP). Working in collaboration with the Water Bank Foundation Trust and the Office of the Principal Scientific Advisor to the Government of India, IGWO supports the Sustainable Development Goals of the United Nations, which were formulated at the UN Water Conference. In keeping with the goals of the United Nations, this program aims to teach youth the value of sustainability. The goal of IGWO is to build a future full of hope, thriving communities, and thriving ecosystems.

Benefit of Green Olympiad Exam

Apart from the primary competition, a range of on-site events are scheduled, including debates and poster- making competitions. Through these initiatives, we want to encourage a deep respect for the environment and increase public understanding of the importance of initiatives like planting trees, conserving water, Zero hunger, Affordable and clean energy, and protecting endangered species. Establishing the seeds of change now will lead to a more sustainable and greener future.

On February 17 and 18, students from all across the world enthusiastically took part in the Green Olympiad Exam. The results are in, and a number of kids have received awards and scored highly. This examination is crucial in determining how kids will interact with the environment in the future and opens doors for them to be recognized for their achievements in school.

The event, in which a large number of students participated, emphasizes how important it is for students to be environmentally conscious and to practice conservation. Students that perform well on the Green Olympiad Exam show that they are dedicated to environmental responsibility in addition to their academic abilities. These children are well-positioned to become sustainability champions as they begin their educational path and have a positive impact on protecting our world for future generations.

Top Achievers in International Green Olympiad Exam

In the recent International Green Olympiad Exam, organized by CREST Olympiads, several bright students from different countries have emerged as top achievers, showcasing their exceptional knowledge and dedication to environmental conservation. Among the notable achievers are Zara Arif Moula From Dubai, Nguyen Quoc Hung from Vietnam, Abhra Kanti Dubey From India, Srijan Biswas From India, Kalel Elijah Acebedo Lontok from Philippines, Khushi from India, Lokpriyanth B From India, Arjun Bharti From India.

These outstanding students have demonstrated exemplary performance, not only showcasing their academic ability but also their passion for environmental sustainability. Their achievements reflect their deep understanding of environmental issues and their commitment to making a positive impact on the world around them.

How CREST is Beneficial For Students

These outstanding students have demonstrated exemplary performance, not only showcasing their academic prowess but also their passion for environmental sustainability. Their achievements reflect their deep understanding of environmental issues and their commitment to making a positive impact on the world around them.

CREST Olympiads have significantly benefited students by providing a platform for academic excellence and holistic development. Through their various programs and competitions, CREST Olympiads have fostered critical thinking, problem-solving skills, and a spirit of healthy competition among students.

15th March, 2024 | Mumbai: Brace yourselves for an authentic Pathare Prabhu spread at Novotel Mumbai International Airport at Food Exchange, from March 14th to 16th, 2024 in collaboration with Chef Pin, a leading platform for home-cooked meals by home chefs. The Pathare Prabhu community, nestled along the coast is known for centuries for their special ingredients and cooking techniques, infusing beautifully with seafood and vegetarian dishes to create recipes that have found special place in the hearts of food lovers who seek a unique culinary experience.

Home Chef Prasanna Gokhale will present an array of authentic dishes that celebrate the rich heritage of the Pathare Prabhu community from Prawn Pangoji, Panchamruti Vangi, and Batatyachi Popti. You will also get to elevate your dining experience with live cooking stations showcasing the artistry behind Aluchi Wadi, Umbar, Ghaarge, and Bhoplyache Sandge—crafted right before your eyes!

For those passionate about food and looking to know more about the history of this special cuisine while indulging in lip smacking dishes, the Pathare Prabhu Cuisine Festival at Food Exchange at Novotel Mumbai International Airport is your place to be.

Venue: Food Exchange, Novotel Mumbai International Airport

Ahmedabad, March 15, 2024: The Entrepreneurship Development Institute of India’s Goa Regional Centre was inaugurated on March 12th 2024 at the hands of Hon’ble Chief Minister of Goa, Dr. Pramod Sawant. Also present at the inauguration were Dr. Sunil Shukla, Director General, Entrepreneurship Development Institute of India, Ahmedabad; Dr. Milind Kamble, Chairman, Dalit Indian, Chamber of Commerce & Industry (DICCI) & Board Member, EDII; Shri Sanjay Satardekar, Vice Chairman, EDC Limited; Shri B. S. Pai Angle, Managing Director, EDC Limited, and Dr. Amit Dwivedi, Incharge – Department of Government Projects, EDII.

The Centre has been launched to implement the ‘Goa Udyamita Yojana’. While EDII is the implementation agency, Goa CSR Authority and EDC Limited, Goa are the nodal agencies.

The Goa Udyamita Yojana aims to strengthen the entrepreneurial ecosystem of Goa by harnessing the potential of human capital and indigenous resources, thus ensuring a high incidence of New Enterprise Creation and MSME growth.

Hon’ble Chief Minister of Goa, Dr. Pramod Sawant, in his inaugural speech said, “Goa is also one of the first four states to implement the Startup Policy 2017. On the front of entrepreneurship, while tourism reigns supreme, people are parallelly delving into other emerging areas. The state now steps forth to harness its potential, in several upcoming sectors, and evolve as a state that nurtures entrepreneurial aspirations to ensure growth. In that sense, the association with EDII will strengthen the entrepreneurship scenario.” The Hon’ble Chief Minister also informed how he had written to the Chief Minister of Gujarat, shri Bhupendra Patel, to facilitate setting up of Goa Centre of EDII. Shri Pramod Sawant appreciated the proactiveness shown by the office of the Hon’ble Chief Minister of Gujarat.

Expressing gratitude for the opportunity, Dr. Sunil Shukla, Director General, EDII mentioned, “The growth in the SME sector, especially in Goa, is profound, and is manifesting itself in several domains. Building on this, EDII will undertake a series of initiatives involving training, research and documentation, mentoring and incubation to ensure that Goa becomes a hub of entrepreneurship and innovations unleashing a relentless pursuit for new opportunities and processes. With a focus on fostering innovation and empowering local talent, this initiative will pave the way for Goa to emerge as a leading hub for startups and entrepreneurship.”

Dr. Milind Kamble, Founder Chairman, DICCI & Board Member-EDII said, “Goa, with its dynamic blend of culture and commerce, offers a fertile ground for entrepreneurial ventures to flourish. The EDII’s Goa Centre, I am sure, will serve as a catalyst, nurturing the entrepreneurial spirit inherent in the people of Goa, particularly its youth. Given EDII’s initiatives, Goa is poised to become a cradle for entrepreneurial aspirations and mindsets.”

Expressing his opinion, Shri B. S. Pai Angle, Managing Director, EDC Limited, said ““I am glad that we are working collaboratively towards the task of strengthening entrepreneurial pursuits in Goa. At EDC Limited, we stand committed to supporting and nurturing the entrepreneurial ecosystem, driving economic prosperity and creating a sustainable future for generations to come. Together, we will seize this moment to unlock Goa’s boundless potential.”

The inaugural function concluded with Vote of Thanks by Dr. Amit Dwivedi, Incharge, Department of Government Projects, EDII.

Friday, 15th March, India – MarketXLS, a prominent SaaS subscription-based financial data analysis tool headquartered in Ireland, has announced its successful expansion into the Indian market with the launch of its product, The Excel Solution for Investment Professionals. The grand unveiling was officiated by Ireland’s Minister for Enterprise, Trade, and Employment, Simon Coveney, as part of Ireland’s seven day trade visit to India this week.

MarketXLS aims to democratize investment tools for professionals in India, particularly wealth managers and financial analysts seeking comprehensive, user-friendly, and institutional-grade data to empower informed decision-making for their clients. Recognizing that the process requires efficient data collection and analysis from diverse sources to stay competitive and maximize profitability, MarketXLS has addressed this need by offering The Excel Solution, a powerful Excel-based solution for financial market analysis.

Simon Coveney, Irish Minister for Enterprise, Trade and Employment, expressed his enthusiasm for MarketXLS’ arrival in India, stating, “I am delighted to see MarketXLS bringing its innovative solution to the Indian market. This week the Irish government is leading a significant trade visit to India to support Irish companies like MarketXLS to establish and grow in the Indian market, bringing innovation, investment and high value employment.”

MarketXLS utilizes MS Office Excel, eliminating the need for complex programming languages. It seamlessly integrates with trusted partners like Zerodha and Angel One for real-time data. Additionally, it offers comprehensive fundamental data from Morningstar and pricing data from NSE, and provides readymade, validated templates by top traders for simplified analysis.

Furthermore, it enables users to track options data, volume, open interest, IV, and more directly within Excel. Users report increased profitability through journaling, tracking, and analyzing past trades.

The company prioritizes user feedback and consistently updates its platform with new tools like spreadsheet builders, historical data access, stock ranks, and profit calculators, enabling users to perform intricate financial analysis with ease.

The platform also enables Indian users to analyse both Indian and US markets within the same platform. This allows them to test strategies using high-volume US data and customize them for the Indian market.

Ankur Mohan, Founder & CEO of MarketXLS, expressed his confidence in the platform’s value for Indian professionals, stating, “We are confident that Indian investment professionals will benefit greatly from our user-friendly platform and premium datasets. Our goal is to empower both option traders and investment professionals to conduct advanced analysis using the familiar world of Excel, without the need to learn new platforms.”

Jennifer Melia, Executive Director, Enterprise Ireland, said: “Enterprise Ireland is proud to support MarketXLS’s expansion into the Indian market with their innovative ‘The Excel Solutions’ product. We are committed to supporting Irish companies to scale and grow in international markets, and there is an ever-increasing demand for solutions to global challenges from our pipeline of talented Irish businesses. Enterprise Ireland is proud to support the Irish Government’s trade and investment visit to India this week, in honour of St Patrick’s Day, as we believe it will build upon and strengthen these existing business and education ties between our two countries, and identify opportunities for new successful partnerships. We are delighted to support MarketXLS as they expand their operations into this exciting market, where there are significant opportunities for Irish companies to grow.”

As MarketXLS expands globally, users can expect a continuously enhanced user experience and unparalleled support for their financial endeavours.