Archives May 2024

New Delhi:6th May 2024: CtrlS Datacenters Ltd, Asia’s largest Rated-4 data center operator, has taken a significant stride towards sustainability by transitioning its Noida Datacenter – DC1 – to solar power. This move will enable the facility to meet 60% of its annual energy requirements through renewable sources.

Furthermore, CtrlS Datacenters will extend renewable energy credits to all customers hosted within this facility, reinforcing its commitment to environmental stewardship. This initiative aligns with the company’s sustainable charter, underscoring its dedication to reducing its carbon footprint and promoting the adoption of clean energy solutions.

Speaking on the announcement, Sridhar Pinnapureddy, Founder & CEO, of CtrlS Datacenters said, “CtrlS Datacenters has set its eyes on achieving Net Zero by 2030. In line with our commitment to provide sustainable data center facilities, CtrlS Datacenters has commissioned a solar power project for our Noida D1 data center.

This project is expected to generate 100GWh of electricity over its lifetime, offsetting 94,640 tonnes of CO2 emissions. This environmental impact is equivalent to planting 1,89,281 trees. And this is just one of the many green initiatives that we shall announce this year.”

To achieve its Net Zero goals by 2030, CtrlS Datacenters is also actively investing in developing its captive solar power projects across major markets in India. In addition, the company is embracing cutting-edge green technologies across its data centers to enhance energy efficiency and minimize environmental impact. Initiatives such as water recycling, direct-to-chip cooling (DTC), and liquid cooling are expected to significantly reduce energy consumption by up to 40 percent in the future.

Bengaluru, Karnataka – 6th May 2024 – Belenus Champion Hospitals celebrated the grand opening of its new Cardiology Specialty Clinic today, with a ribbon-cutting ceremony attended by prominent figures in healthcare and local governance. The clinic promises to revolutionize cardiac care with its advanced treatment options and comprehensive health packages.

Dr. Ranjan Shetty, Head of Cardiology at Manipal HAL Old Airport Road, and guest at the event, praised the new facility: “It’s inspiring to see how Belenus Champion Hospitals integrates the latest technology with patient-centered care. This clinic is set to elevate the standard of cardiac health services in our community.”

Manohar Reddy, local BJP President, emphasized the clinic’s role in enhancing community health: “This clinic represents a significant advancement in healthcare offerings available to our community. It’s a step forward in making high-standard healthcare accessible to all.”

Dr. Manjunath H, Founder of Belenus Champion Hospitals, highlighted the clinic’s commitment: “Our goal has always been to lead with innovation and compassion. The Cardiology Specialty Clinic is not just a medical facility; it’s a lifeline to those seeking hope and healing.”

Dr. Kishore Kumar M G, Co-founder, spoke about the integration of services: “We integrate clinical expertise with personalized care, ensuring that each patient receives the best possible outcome. Our new packages will cater to diverse needs, ensuring comprehensive care for all heart-related conditions.”

Dr. K. Bharathnandan Reddy, Consultant & Head Interventional Cardiology, and Dr. Prajith Pasam, Consultant Interventional Cardiology, introduced an exclusive Angiogram package priced at just ₹6,499, aimed at making critical diagnostic services more affordable.

Prashanth S Desai, CEO, outlined the future vision: “Today marks a key milestone in our journey towards excellence in healthcare. We are excited about the future and the pivotal role we play in shaping health services.”

Additionally, to prioritize patient health and early detection of cardiac issues, the clinic announced that anyone experiencing chest pain can walk in and receive a free ECG test, ensuring timely medical attention.

The Cardiology Specialty Clinic offers a range of specialized health packages, from basic screenings to comprehensive care plans, ensuring that patients receive tailored treatment that suits their specific needs. The clinic is equipped with cutting-edge technology and staffed by a team of renowned cardiologists and healthcare professionals dedicated to providing the highest standard of care.

Anantapur, 6th May 2024: Fortis Hospital Bannerghatta Road, Bengaluru, successfully treated Mr. Reddy, an 87-year-old resident from Anantapur, who experienced severe breathlessness and chest pain. These symptoms led to the diagnosis of critical heart blockages caused by calcium deposits. Dr. Srinivas Prasad BV, Consultant-Interventional Cardiology, Fortis Hospital, Bannerghatta Road, Bengaluru, used the state-of-the-art Intravascular Lithotripsy (IVL) technology to address the complexities of Mr. Reddy’s condition. This innovative technique breaks down the calcium while minimizing vessel wall trauma allowing the surgery to be completed efficiently within 45 minutes. Mr. Reddy was able to go home just three days following the procedure, marking another success in advanced cardiac care by Fortis Hospital Bannerghatta.

Mr. Reddy was referred to Fortis Hospital Bannerghatta due to the unavailability of the required resources in Anantapur to perform the surgery. After a comprehensive evaluation, it was revealed that Mr. Reddy had experienced a mild heart attack caused by the calcific blockages in his coronary arteries. The blockages led to chest pain and breathlessness, impacting his daily activities. Given the urgency and complexity of his case, Dr. Srinivas Prasad BV opted for a minimally invasive procedure called percutaneous coronary intervention (PCI) to open the blocked arteries and restore normal blood flow. This procedure was complemented using Intravascular Lithotripsy (IVL) technology, which efficiently breaks down the calcium deposits while minimizing damage to the vessel wall.

Dr Srinivas Prasad BV, consultant – Interventional Cardiology, Fortis Hospital, Bannerghatta Road, Bengaluru, emphasized the necessity of employing advanced technology over conventional methods. He stated, “The patient had calcium deposits in the heart, which complicated the feasibility of conventional angioplasty (a procedure used to widen narrowed or blocked blood vessels to improve blood flow). Therefore, we opted to proceed with Percutaneous Coronary Intervention (PCI) and Intravascular Lithotripsy (IVL) to open the blocked arteries, restore normal blood flow, and crush the calcium deposits. Following the crushing of the calcium deposits, a balloon was inserted into the artery to open the arterial blocks, and a stent (a small, metal mesh tube) was placed inside the blockages to help keep them open.”

Thanking the medical team Mr Reddy (Patient) said. “I am immensely grateful to Dr. Srinivas Prasad and the entire team at Fortis Hospital Bannerghatta for their exceptional care and expertise. Their dedication and skill restored my health and provided me with reassurance and comfort throughout my journey. I cannot thank them enough for the support, care, and life-saving treatment they provided.”

Mr. Akshay Oleti, Business Head, Fortis Hospitals, Bengaluru, said, “We are deeply gratified to have been able to offer Mr. Ramesh the highest standard of care, leveraging our state-of-the-art facilities and expertise in cardiac interventions. By employing advanced technologies like Intravascular Lithotripsy (IVL), we could navigate the complexities of his condition with precision and efficacy. This successful ou

Hyderabad, 6th May 2024: Ahead of the Met Gala 2024, philanthropist and businesswoman Sudha Reddy has aligned creative forces with the Metropolitan Museum of Art. This exciting collaboration will allow her to lend her valuable support to the Museum’s mission of celebrating art’s power to inspire and connect people across cultures, further reflecting the Museum’s commitment to diversity, inclusion, and global engagement.

The Met is the world’s largest and most visited museum of art, housing unparalleled collections spanning all cultures and time periods. Its holdings include over two million works of art, representing the broadest spectrum of human creativity from ancient Egypt to the twenty-first century. The Met’s mission is to collect, preserve, interpret, and present outstanding works of art for the education and enjoyment of the public.

In other exciting news, Reddy is also confirmed to grace the extravagant gala this year which takes place on May 6 at the Metropolitan Museum of Art in New York, and will be one of the handpicked few Indians to watch out for on the red carpet. Her attendance marks a much-awaited return, following her captivating 2021 debut in a sophisticated custom-designed Falguni Shane Peacock, which solidified her status as a global fashion icon. All eyes will be on Reddy to see how she interprets the Met Gala’s 2024 theme of ‘The Garden Of Time’ for her second showcase. The Met Gala is a star-studded event that not only celebrates fashion but also raises critical funds to support the Costume Institute’s mission. Reddy’s presence promises to be a highlight of the evening, as she embodies both style and a commitment to giving back.

Sudha Reddy is a woman who defies definition. While her impeccable fashion sense turns heads, she’s a force to be reckoned with far beyond the runway. As Director of Megha Engineering And Infrastructure Limited, she skilfully navigates the business world, showcasing her leadership and acumen. Yet, her influence extends far beyond the boardroom. A devoted mother and wife, Reddy also dedicate herself to extensive philanthropic work through the Sudha Reddy Foundation, UNICEF, Global Gift Foundation, Breast Cancer Research Foundation, Fight Hunger Foundation and Action Against Hunger. This unwavering commitment to social causes, particularly those empowering women and children, solidifies her reputation as a multifaceted leader who makes a significant impact on the world.

Mumbai, 6th May 2024: Vitesco Technologies, a leading international provider of modern drive technologies and electrification solutions for sustainable mobility, headquartered in Regensburg, Germany, held its 2024 Annual General Meeting. The Annual General Meeting was hosted virtually this year from Gaszählerwerkstatt in Munich.

Clear consent to all agenda items

By way of individual votes, the shareholders approved the actions of all members of the Executive Board for their respective terms of appointment during 2023. The actions of all serving members of the Supervisory Board in 2023 were also approved for their respective terms of appointment. Furthermore, the Annual General Meeting approved all other agenda items.

“I would like to say thank you for the confidence you have placed in us in recent years. We can be proud of what we have achieved in 2023 and in previous years,” commented CEO Andreas Wolf.

Around 80 shareholders attended the Annual General Meeting virtually. At the time of the resolutions, around 37,9 million shares were represented, which equates to 95 percent of the approximately 40 million outstanding shares.

Approval of merger agreement

The merger agreement was also approved at the Annual General Meeting. It sets out the conditions of the merger of Vitesco Technologies Group AG into Schaeffler AG.

For the merger to become effective, it now requires the approval of Schaeffler AG’s Annual General Meeting on April 25, 2024, and the subsequent entry of the merger in the commercial registers of both companies. The merger is still expected to be completed in the fourth quarter of 2024.

Shareholder structure

The merger is part of the combination of the Vitesco Technologies Group and the Schaeffler Group, which was planned and initiated by Schaeffler AG. Together, the Schaeffler AG and the associated companies of the Schaeffler family control almost 90 percent of the shares in Vitesco Technologies. The planned merger will result in the creation of a restructured motion technology company with four focused divisions.

Andreas Wolf: “With the resulting larger company, we will be able to use and contribute our expertise even better – and join forces to take big steps towards cleaner mobility.”

The preliminary exchange ratio of 5 to 57 was confirmed for the remaining roughly 10 percent of Vitesco Technologies shares, meaning that Vitesco Technologies shareholders will receive 11.4 Schaeffler shares in exchange for one Vitesco Technologies share. The exchange ratio was confirmed as appropriate by a joint valuation expert appointed by both parties and the court-appointed merger auditor.

Fiscal year 2023: Profitability and cash flow beat expectations

2023 was another successful year at Vitesco Technologies. In fiscal year 2023, total order intake came to more than €12 billion. Roughly €8.3 billion of this was attributable to components for electric vehicles. As of December 31, 2023, Vitesco Technologies had a total order backlog of around €58 billion, of which more than half was related to electrification.

CEO Andreas Wolf: “2023 was a challenging but successful year. Our company achieved further profitable growth, won major orders, and advanced its leading position in the electromobility market.”

Comprehensive documentation relating to the 2024 Annual General Meeting is available in the ‘Annual General Meeting’ section of Vitesco Technologies’ website.

Swiggy Instamart will now deliver official Star Wars merchandise on the platform, just in time for May 4th – a day celebrated by Star Wars fans worldwide. Swiggy Instamart is the first quick commerce platform to start delivering movie merchandise, marking a new category in the quick commerce industry.

Fans of the galaxy far, far away can now get their hands on a variety of Star Wars products including the lightsaber, posters, mugs, fridge magnets, stickers, bobbleheads, and T-shirts, all delivered in 10 minutes.

The excitement doesn’t stop there. Swiggy Instamart also caters to Harry Potter enthusiasts with an enchanting selection of merchandise. From books, posters, and notebooks to coffee mugs, magic wands, specs, key chains, bobbleheads, socks, music boxes, and T-shirts, fans can immerse themselves in the magical world of Hogwarts and beyond.

This new offering highlights Swiggy Instamart’s commitment to meeting the diverse needs and interests of its consumers, providing them with a unique shopping experience that combines convenience with a touch of magic and adventure.

Celebrate your fandom and bring home a piece of your favorite movie universe with Swiggy Instamart’s latest collection. Now available in 10 cities including Delhi, Mumbai, Bengaluru, Hyderabad, Pune, Ahmedabad and more.

Delhi…6th May 2024 …KARAM Safety, a leading global PPE player and fall protection solutions provider, is pleased to announce the successful acquisition of Midas Safety India, a prominent player in the hand protection safety products industry. This strategic move marks a significant milestone in KARAM Group’s journey towards expanding its presence and enhancing its product offerings. The acquisition of Midas Safety India strengthens KARAM Group’s position as a market leader in the safety industry, combining KARAM’s expertise in fall protection and personal protective equipment (PPE) with Midas Safety India’s extensive portfolio of hand protection safety products. This synergy will enable KARAM Group to offer customers a comprehensive range of high-quality safety solutions to meet their evolving needs.

The 25-year-old KARAM Group, with a turnover of INR 1000 crore, has acquired the operations of Midas Safety India having a top line of INR 110 crore through a slump deal. Hand protection products are a major revenue contributor to Midas Safety India which was established 16 years ago. Today, KARAM proudly carries out that tradition in delivering premier products under Midas’s brands, Ninja®, Techtion®, Valpro®, and Frontier®. The acquisition will be a good strategic and financial fit for KARAM Group and will open up significant market opportunities in the fast-growing PPE market in India. KARAM Group is growing at a CAGR of 15% year on year and is targeting a revenue of INR 1400 crore with this additional product portfolio by 2025.

While commenting on the acquisition, Hemant Sapra, President, Global Sales & Marketing, KARAM Group said, “With KARAM’s acquisition of Midas Safety India, two leading PPE industry players have united. We warmly welcome Midas Safety India to the KARAM family, aligning with our vision of global safety leadership and commitment to excellence. This union expands our product range, offering high-quality PPE to our customers. By joining forces, we bring together a rich history, talented people, and innovative products. We are dedicated to promoting indigenous manufacturing growth, contributing to India’s global manufacturing prominence in occupational health and safety. This acquisition combines our organizations’ strengths, creating a powerful entity to deliver exceptional value to stakeholders, customers, and employees. Through synergies in resources, technologies, and talents, we aim for greater scale, market presence, and product diversity. Together, we’re shaping the future of manufacturing in India and beyond.”

While expressing excitement, Sivakumar Krithivasan, Business Unit Head – India, Midas Safety India said, “Midas Safety India brings a wealth of experience and expertise to KARAM Group, with a strong presence in key markets across the country. The acquisition will enable KARAM Group to leverage Midas Safety India’s distribution network, manufacturing capabilities, and brand reputation to drive growth and innovation in the safety products market. We are excited about the opportunities that lie ahead as we integrate Midas Safety India into the KARAM Group. Together, we are well-positioned to capitalise on emerging trends and deliver value-added solutions to our customers across Industries.”

The acquisition of Midas Safety India underscores KARAM Group’s commitment to expanding its product offerings, enhancing customer service, and driving sustainable growth in the safety industry. The employees are the cornerstone of the company’s success, and their dedication and talent are instrumental in driving the business forward. Both organizations are fully committed to supporting the team members throughout this transition, providing them with the resources and opportunities they need to thrive going forward. The organizations will continue to uphold the highest standards of quality, integrity, and innovation, while also embracing new opportunities for growth and advancement.

The Indian Personal Protective Equipment (PPE) Market shows a bright future, expected to grow at a CAGR of 10.20% from USD 841.4 million in 2023 to USD 1482 million by 2029. The market is experiencing a surge due to numerous driving factors such as workplace safety regulations and industrialization as primary factors. With a significant increase in awareness around workplace safety and the pressing impact of the COVID-19 pandemic, there is a heightened demand for protective gear across various sectors, namely auto, healthcare, manufacturing, and construction. The emergence of health concerns and hygiene maintenance has notably influenced the PPE market space. Market players are countering through technological innovation, customization, and leveraging online procurement to enhance market accessibility.

Nagpur, 06th May, 2024…. The students of DPS Lava Nagpur have achieved outstanding success in the Joint Entrance Examination (JEE) Main 2024, with a remarkable total of 13 students scoring 90 percentile and above. This outstanding achievement reflects the dedication and hard work of the students, as well as the guidance and support provided by the school’s faculty and administration.

Abhinav Thakur emerged as the school topper with an impressive score of 99.86 percentile. He was followed by Mukul Sakhare, who secured 99.20 has secured full marks in physics. Junimoni Sinha has scored 98.14. Other high scorers from the school include Anay Bhat (97.90), Tanmay Namdeo (97.51), Aarush Bansiwal (97.39), C Arjun (96.24), Fajju Rahman (96.21), Abhinaya Rajnikanth (95), Shlok Tiwati (92.07), Anuj Lulu (91.82), Divya Ahirkar (90.66) and Pranshu Bobade(89.02), who achieved a commendable score in the JEE Main.

The school’s administration expressed their pride in the achievements of the students and attributed this success to the robust academic programs, dedicated teachers, and supportive learning environment at DPS Lava Nagpur. The entire school community extends its heartiest congratulations to the successful students and their families, acknowledging the efforts that contributed to this significant accomplishment. With this outstanding performance, DPS Lava Nagpur continues to reaffirm its position as a premier institution dedicated to academic excellence and the holistic development of its students.

Austin, TX –6th May 2024 – WSO2, the leader in digital transformation technology, announced today that it has signed a definitive agreement to be acquired by EQT.

“We are thrilled to partner with EQT as we embark on the next phase of WSO2’s journey,” said Dr. Sanjiva Weerawarana, CEO and Founder of WSO2. “With EQT’s support and expertise, we are well-positioned to accelerate our innovation agenda, expand our global footprint, and continue empowering enterprises to thrive in the digital economy.”

Since its inception in 2005, WSO2 has been at the forefront of building innovative software that allows organizations to seamlessly deliver digital experiences. Today, WSO2’s platform offers a complete set of market-leading solutions across integration, API management, identity & access management (IAM), and application development. Thousands of organizations, including hundreds of the world’s largest corporations, top universities, and governments, rely on WSO2’s cloud-native software as a service (SaaS) and open-source offerings to drive their digital initiatives — executing 60 trillion transactions and managing over 1 billion identities each year.

With EQT as its new partner, WSO2 reaffirms its commitment to delivering innovative solutions that address the evolving needs of modern businesses.

Looking ahead, “WSO2 remains focused on driving customer success, fostering community collaboration, and delivering innovative software that unlocks new value creation opportunities for organizations worldwide,” added Weerawarana.

Hari Gopalakrishnan, Partner in the EQT Private Capital Asia advisory team, said: “We’re excited to partner with WSO2 as it helps customers across industries drive their digital transformation and enhance operational resilience. We believe that WSO2 is well-positioned to capitalize on long-term trends such as digital transformation and rising generative AI adoption and are confident of drawing on EQT’s proven software value creation playbook to further accelerate WSO2’s strong growth.”

EQT is a purpose-driven global investment organization with EUR 242 billion in total assets under management and the third-largest private equity firm globally*. Founded three decades ago by the Swedish Wallenberg family, today EQT owns portfolio companies and assets in Europe, Asia-Pacific, and the Americas and supports them in achieving sustainable growth, operational excellence, and market leadership. EQT’s extensive global portfolio of enterprise software companies includes firms such as IFS, SUSE, thinkproject, and more.

The transaction is subject to customary conditions and approvals. J.P. Morgan served as the exclusive financial advisor to WSO2.

By Dr. S.A. Rehman, General Medicine, Associate Prof. Noida International Institute of Medical Sciences and Hospital, NIU-

Rosemary essential oil is extracted from the leaves of the rosemary plant by steam distillation. It contains a variety of bioactive components, including cineole, camphor, and rosmarinic acid, which help to enhance its medicinal qualities. Rosemary essential oil is colorless with an aromatic fragrance used in skin and hair care. It is used in various cosmetics and skincare products for its skin benefits. It positively impacts the brain cells to give a charismatic and positive mood. However, it also raises the blood pressure slightly. Even though rosemary oil is good for reducing blood pressure levels and heart rate levels due to its diuretic property that removes fluids from the body and may lead to dehydration due to the elimination of salt and water from the body to vary blood pressure level.

Moreover, the oils are good for the body but if taken or used in large quantities then might be cautious as it may lead to mood swings and sleeplessness. It is seen that the more the fluid is more pressure on the blood vessels and the more the blood pressure, rosemary essential oil temporarily raises the blood pressure leading to a high flow of blood in the body to normalize the body temperature and eventually it also reduces the blood pressure in the body that makes a person feel good.

Some say that rosemary essential oil does not reliably raise blood pressure. While some studies have found that inhaling rosemary oil vapor may temporarily elevate blood pressure and heart rate, these effects are usually moderate and brief.

There is evidence that rosemary essential oil may assist in decreasing blood pressure in some cases. Its diuretic characteristics stimulate fluid removal from the body, which can reduce blood volume and hence lower blood pressure. Furthermore, rosemary oil has been demonstrated to have vasodilatory properties, which means it can relax blood vessels and enhance blood flow, adding to its possible antihypertensive effects.

According to Dr. S.A. Rehman, General Medicine, Associate Prof. Noida International Institute of Medical Sciences and Hospital, NIU–

Rosemary essential oil may transiently raise blood pressure in some individuals, yet its overall impact on cardiovascular health is nuanced. When used in moderation and as part of a balanced lifestyle, rosemary essential oil can offer benefits ranging from skincare to mood enhancement. However, individuals with pre-existing cardiovascular conditions should exercise caution and consult healthcare professionals before using rosemary oil or any other herbal remedies. Moderation is key with any essential oil or herbal remedy; understanding the science behind rosemary essential oil and its effects on the body enables informed decisions, fostering safe and responsible enjoyment of its benefits.