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In expansion mode, KSP INC announces the opening of 1 Lakh Sq. Ft manufacturing plant in Noida

New Delhi, May 2022: KSP INC, a major brand in metal fabrication and an export company has announced the start of a new 1 lakh square feet manufacturing plant in Noida, which will be 'highly automated' and will ensure that the products manufactured are globally competitive.

The factory will use advanced technologies, allowing simultaneous connection of various machines, human workers and AGVs (automatic guided vehicles) as they perform manufacturing tasks. High-speed, real-time data acquisition throughout the factory will provide data on all aspects of production cycles for AI-based analysis to achieve a safe, flexible production environment.

The new manufacturing unit will be operational in the month of September this year and it will benefit the local communities as it is expected to create employment opportunities for around 1600-1800 people.

Commenting on the development, Siddhant Bery, Second Generation Entrepreneur, Managing Partner, KSP INC said, "With a focus on operational efficiency, the 1 lakh square feet has been designed with the latest technology and fitted with the most up-to-date manufacturing equipment and levels of automation optimised to consistently deliver high-quality products. At the same time, the plant will create around 1600-1800 jobs."

"As automation is the future, our goal is to make KSP INC a global manufacturing company by achieving sustainable and continuous growth via the use of technology and innovation. This Year, we will add 4-5 new product categories under the family of metal fabricated consumer goods in order to have a balanced portfolio. In the next few years, we also plan to channel our efforts into this venture that will allow us to increase our worldwide reach", he added.

Soaring Above The Competition, Double Chabi Leads The Way in Basmati Rice Production

Double Chabi is an esteemed brand in the production and distribution of rice, and has been active for over seventy years in the commercial space, with no sign of slowing down any time soon. In fact, with the fourth generation of the founding Goyal family having joined the workforce, Double Chabi's success is all but assured.

The company had been founded in 1959 by Kashmiri Lal Satpal, the patriarch of the family, in Taraori, Haryana, on a fertile patch of land across the Yamuna. From the very beginning Double Chabi was dedicated to providing the best possible product to the consumers. Established during the second five year plan of the Indian government, Double Chabi took advantage of the developmental initiatives and investments the newly independent Indian government was making in agriculture and industry, and blossomed into an extremely successful business over the years.

Till the 90s Double Chabi functioned within the boundaries of the nation, gradually expanding its business from one state to another. But in the last decade of the 20th century, as India liberalized its economy and opened up the possibilities of international trade, Double Chabi began exporting its products. Currently about 40% of their output is exported across five different continents.

The export section of the business was started during the 3rd generation of the family, by Brij Bhushan Goyal, who has been leading the company for the last three decades with the help of his brothers Jitendar and Pankaj Goyal. It is only recently that the aforementioned fourth generation of the family has joined Double Chabi's management with Pushkar Goyal, whose youthful earnestness and energy has added a new dimension to the company's activities.

An alumni of IILM Gurugram, where he studied BBA, Pushkar did a detailed survey of his family business as well as the circumstances of grain production and distribution in the subcontinent, before joining it and working his way to the top.

#Basmati rice #90s Double Chabi

LIC listing today to India getting new warships: Here're top news on May 17

India will on Tuesday launch two indigenously built frontline warships, marking a significant development for the military. Prime Minister Narendra Modi will address the silver jubilee celebrations of TRAI, the country’s telecom regulator. Life Insurance Corporation will list its shares at the stock exchanges after a blockbuster initial public offering. The Indian embassy in Kyiv, the capital of war-torn Ukraine, is all set to reopen.

Here are the top five developments for May 17.

Rajnath Singh to launch frontline warships

Defence Minister Rajnath Singh will, on Tuesday, launch two indigenously-built frontline warships of the Indian Navy. The inauguration will take place at the Mazagon Docks in Mumbai.

The two warships, that are to be launched, are called Surat and Udaygiri. Surat, named after the bustling port city in Gujarat, is the fourth and final of stealth destroyers under the Project 15B program. Udaygiri, on the other hand, is named after a mountain range in Andhra Pradesh. It is the third of Project 17A frigates.

PM Modi to address silver jubilee celebrations of TRAI

Prime Minister Narendra Modi will address a program marking the 25th-anniversary celebrations of the Telecom Regulatory Authority of India (TRAI) at 11 am on Tuesday. The PM will attend the program through video conferencing.

According to a press release from the Prime Minister's Office, he will also release a postal stamp to commemorate the occasion. Modi will also launch a 5G Test Bed at the program. The project, developed by eight institutes led by IIT-Madras, cost more than Rs. 220 crore.

#LIC listing today #LIC #top headlines

Edtech Firm Logicmojo Comes Up with A Platform for Riveting Live Learning

Logicmojo, a virtual learning platform, is set to launch live classes to impart practical knowledge and hone technical skills. This real-time interactive program makes the education more convenient by facilitating instant doubt clearing support from the instructor.

The firm said, these live classes aids candidates in cracking the interviews at leading product-based companies. The courses are customized for both novice as well as professionals aspirants and comprise helpful concepts, problem-solving tactics, and well-organized content.

Furthermore, this live interactive program includes peer-to-peer learning to enable learners to teach each other what they know and learn from their experiences. Also, there will be real-life projects to provide practical experience to the professionals to fuel their respective career demands, the Logicmojo official added.

“Speaking of the professionals, they get little time to keep up with their study schedules. On top of that, there is a lack of swiftness in addressing doubts in the traditional learning curriculum. Hence, Logicmojo live classes are revolutionary for an immersive learning experience. These would enable the aspiring professionals to interact with the FAANG experts for effective doubt solving in real-time.” – said Ravi Singh, the CEO and Founder of Logicmojo.

Logicmojo recently conducted a live webinar on ‘Data Structure and Algorithms (DSA)’ to communicate and teach the zealous learners more conversationally and interactively. As per Logicmojo, more such webinars are anticipated in the near future to facilitate the wide-ranging learning requirements of professionals.

#live classes #online learning

Google, Samsung help Android developers sync fitness data between apps

Google and Samsung have joined hands to give developer an opportunity to sync users' health and fitness data between Android apps and their devices.

Called 'Health Connect', the platform and API (application programming interface) is for Android app developers to securely access users' health data.

With user permission, developers can use a single set of APIs to securely access and share health and fitness data across Android devices, Google said in a statement.

"We're building this new unified platform in collaboration with Samsung to simplify connectivity between apps" to foster richer app experiences while also providing centralised privacy controls for users," the tech giant added.

Google is working with developers including MyFitnessPal, Leap Fitness and Withings as part of an early access programme.

In addition, Samsung Health, Google Fit and Fitbit are adopting Health Connect. All developers can get access to Health Connect's common set of APIs for Android via Android Jetpack," the company informed.

'Health Connect' supports many common health and fitness data types and categories, including activity, sleep, nutrition, body measurements and vitals like heart rate and blood pressure.

#ANDROID #SAMSUNG #GOOGLE

Vivo to launch S15, S15 Pro, along with TWS Air earbuds on May 19

Vivo has scheduled the launch date for the Vivo S15 and Vivo S15 Pro smartphones on May 19; the same day the company will be launching the Vivo TWS Air earbuds.

As reported by Mashable, rumours about both the handsets have been surfacing online for the past few weeks and according to tips, the Vivo S15 handset could pack a Qualcomm Snapdragon chipset while the Pro-variant could come with a MediaTek Dimensity chipset.

The company has confirmed the arrival of the smartphones and the TWS earbuds in China on May 9 by an announcement made on Weibo. The launch event is scheduled to start at 7 PM CST or 4:30 PM IST.

The launch event can also pack further surprises where we can expect new colour variants of the Vivo Watch 2 and Vivo Pad as these two devices can also be seen on the poster.

A few days ago, the Vivo S15 Pro was discovered on a Chinese certification website, suggesting that the smartphone may come with a 6.62 inch AMOLED display and the MediaTek Dimensity 8100 chipset. However, the company had only announced the release date, and specifications will be officially announced during the launch event.

#SMARTPHONES #VIVO

Holcim to use proceeds from India sale for lower carbon acquisitions

Holcim will use cash raised from the sale of its Indian business for acquisitions focused on building products and solutions, Chief Executive Jan Jenisch said on Monday, with the cement-maker currently eyeing 10 potential targets.

Holcim agreed to sell its Indian business to Adani Group for 6.4 billion Swiss francs ($6.38 billion), its largest divestment in years, as it seeks to lower its carbon profile and raise funds for takeovers.

Over the last 15 months Holcim has spent 5 billion Swiss francs ($4.99 billion) on a string of companies outside the cement market as it pivots towards building products like roofing and mortars.

"We hope we can keep a similar pace and put this money to work very fast," Chief Executive Jan Jenisch told reporters.

"At the moment we have around 10 transactions being checked by us, being negotiated by us. They are small transactions, they are bigger transactions," Jenisch told reporter.

"We are ready for another Firestone," he said, referring to the $3.4 billion purchase of the American roofing business Holcim made last year.

The company would also look at smaller bolt on deals in the aggregates and ready-mix concrete areas, Jenisch said.

#Holcim Group #Adani Group #Divestment #Adani

They are real life superheroes" says Rajnath Singh praising TMR team

Defence Minister Rajnath Singh has come forward and felicitated the “Tiranga Mountain Rescue” team for saving the lives of the armed forces personnel from natural calamities like avalanches and sandstorms. The meeting took place in the National Capital to congratulate the TMR team for working tirelessly to rescue and train the Indian defence personnel. Every winter, the TMR team visits over 140 locations across the country, training thousands of soldiers, to build a team that can provide professional and specialized training as well as a comprehensive rescue support system to the Indian Army on a long-term basis. The team is focused on providing avalanche rescue and training to Indian Army mountain craft personnel.

In numerous avalanche-prone border locations, the TMR has sent six teams in coordination with the Indian Army. Three teams are stationed in Kashmir, two in Ladakh, and one in Sikkim. Till now, the TMR team has trained over 20,000 defence forces personnel and the squad of mountaineers who have completed multiple mitigation and rescue missions under the leadership of Col. Satish Sharma (retd.).

The TMR Bravehearts squad consists of approximately 20 experienced mountaineers (both veterans and civilians) who are continually trained by Air – Zermatt in Switzerland, the world's premier mountain and avalanche rescue organization. The training assures that the TMR crew is ready for the upcoming missions with maximal toughness. Some of the reputed personalities who attended the event are Director General Military Operations Lt Gen BS Raju, Vice Chief of the Army Staff Lt Gen Manoj Pande, and other senior military officials.

TMR teams landed in Srinagar in November 2018 and met with Chinar Corps Commander Lt Gen AK Bhatt, who reaffirmed the commitment to safeguard soldiers' lives. Tiranga Mountain Rescue has provided rescue services in the most dangerous, high-risk, and avalanche-prone sections of the Alps from 2016 to 2018. Furthermore, TMR is also offering advanced training for cover, route analysis, rescue, and other operations.

#Defence minister #TMR

Madhavbaug's PAT up 785 per cent in FY22

The company is planning to tie up with over 30 insurance company to its facilitate patients

Madhavbaug, brand of Vaidya Sane Ayurved Laboratories Ltd, a specialist in treating and reversing cardiac related ailments through their Ayurvedic treatment and therapies, reported a whopping 785 per cent growth in net profit after tax (PAT) in FY2021-22 despite facing Covid related lockdowns in the initial few months. Madhavbaug’s net profit stood at Rs 3.46 crore in FY 22 as compared to Rs 39 lakhs in FY21.

Madhavbaug, which operates 272 clinics and 2 hospitals spread across eight states in India saw its gross revenue increase to Rs 75.04 crore in FY22, a 43 per cent rise from Rs 52.37 crore in FY 21 while its EBIDTA grew 66 per cent from Rs 4.36 crore to Rs 7.25 crore during the same period.

The robust all-round performance came on the back of solid double-digit growth witnessed across its treatment verticals amidst a surge in the number of patients seeking ayurvedic remedies underscoring the growing relevance, acceptability and efficacy of the traditional line of treatment.

“I am happy to announce that Madhavbaug has shown remarkable business performance in FY21-22 achieving pre-covid turnover with strong contribution from all over segments after overturning barriers like lockdowns in initial months of the year. Both our clinics, which include company owned as well as Franchise owned clinics along with hospitals, have recorded highest ever revenues and EBIDTA. During this reporting period, we continued to focus on collaboration with industry market player across our businesses with view to efficient patient services and to drive future growth,” said Dr Rohit Sane, MD & CEO, Vaidya Sane Ayurved Laboratories Ltd (Madhavbaug).

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#Insurance

Justin Nelson's Sphere Rocket VA Upends Virtual Assistant Business with Customized Solutions

With remote work becoming more common especially in the wake of the pandemic-induced restrictions, the demand for virtual assistant, or VA, services have been growing. In a study of over fifty career categories, FlexJobs found virtual assistant was one of the top 10 fastest-growing remote career categories. In a nutshell, a VA provides remote services to professionals who need someone to support their business. The duties of a VA may include anything from answering emails to performing web development or content creation. In other words, a VA takes a huge burden off a busy professional’s shoulders.

The idea to create a virtual assistant business came to Justin Nelson, a 25-year-old licensed realtor and a serial entrepreneur despite the young age, during a road trip that lasted almost a year and brought him to 135 locations in the US where he delivered speeches to real estate agents. “Speaking is by far my biggest talent that I have. I love speaking and can sell anything to any audience when the offer is right and the need is there,” explains Justin. He taught over 10,000 realtors how to use social media in their line of business. By the time Justin hit the road, he was an experienced realtor with 5 years in the family real estate business under his belt and dozens of deals closed and hundreds of leads generated, all thanks to his mastery of social media tools. The business was initially founded by Justin’s father after the end of a long corporate career. Putting his son in charge of lead generation and all marketing turned out to be the right decision. In the sixteen months after getting his real estate license, Justin made $360,000 in CGI, an impressive outcome for a budding realtor. Having been promoted to the position of a team leader at the age of 19 he was instrumental in growing the team to fifteen people and opening an office in Colorado

#Virtual assistant #web development

ICCS is bracing for exponential growth' envisions clocking 175cr revenue by the end of this year

The consumer services industry is an ever-evolving market and is bracing for unprecedented growth. It is expected that India will step up to be the largest consumer market at the global level. Being one of the progressing markets; it has thus begun to capture investor as well as entrepreneur interest.

ICCS is one of the prominent names in the market and is one of the leading BPO service providers in India. It is known for its BPM and BPO domains as well as its highly responsive structure that seamlessly caters to the client’s inpidual needs.

The journey of ICCS from BPO to a brand

ICCS was incepted in the year 2005 as a small international BPO company. However, the firm made concerted efforts over the years. As a result, it is now one of the leading BPO/BPM companies in the country.

Currently, the firm has delivery centres in eight cities, wherein it manages 13 million customer interactions in a month with the help of over 5000 executives. The brand boasts of a perse client portfolio and serves clients across sectors including the Government, DTH, E-commerce, Banking, FMCG, FinTech, and much more. ICCS offers a myriad of solutions ranging from back-office services, chat and email, Finance and EdTech, to BFSI, Insurance, Accounting, Tech support, and Recruitment Process Outsourcing. Its core expertise lies in customer onboarding, retention, collections, customer service via omnichannel support, automation of chat and email field support including customer service, answer service, inquiry handling, as well as technical support.

The firm in fact develops its own CRM with the assistance of AI tools. It leverages the usage of Artificial Intelligence (AI) not just for business analytics but also focuses on services like speech-to-text analytics. ICCS has even forayed into RPA recently and is of the view that this move towards adopting automation will help streamline information as well as operations. The brand aims to provide all solutions under one roof with the scope of maximum customization!

#BPO Industry

Mogul Press Is Disrupting The PR Industry

Acompany or personal brand needs to be built- brick by brick, to gain the customers' trust and maintain it.

It requires solid PR strategies that resonate authority with the brand's name and lead it to march towards the peak of excellence.

Making a mark in the industry and establishing your brand amidst the fierce, cut-throat competition is not an easy job, which makes public relations paramount. Choosing the right PR agency can massively benefit you by building a solid rapport in the market. While hundreds and thousands of PR firms are working tirelessly to leave no stone unturned in promoting their clients, there is one that has surpassed expectations and is in a different league altogether.

Mogul Press is an international public relations and communications agency making waves in the industry since its inception in 2019. It specializes in media placements, personal branding, and marketing strategy. Its global team brings value and creativity to the table from all work, devising the most effective PR strategies for clients.

Mogul Press has been responsible for building credibility and boosting the businesses of hundreds of its clients, turning nobodies into celebrities and ordinary social media users into powerful influencers.

What makes Mogul Press emerge as a significant disruptor in the PR space is the company's deep-rooted values to refuse to compromise with the status quo.

As an advocate of innovation and change, CEO Nabeel Ahmad does not believe in following the masses. Be it his personal life or professional, he has made it his life's work to embrace change for the better. The world has changed over the years, and technology evolved, however many media industries did not change. But Mogul Press has an unwavering commitment to creativity and growth. Driven by a passional belief to take up challenges and explore the latest technologies, it reinvents itself with the ever-changing PR scenario. And this is how a hybrid PR firm came into being, resting itself on traditional and digital PR fundamentals.

Smart Business Event on How MSMEs Can Profit From Crypto

Crypto, NFT and blockchain are all that everybody is talking about. But how can MSMEs make use and profit off of this new era of digital currency? To answer this question and several more, Business Standard had organised a panel discussion under the Smart Business event series with the World Trade Centre last Thursday on ‘The role of blockchain and digital currencies in strengthening MSMEs'.

At the event, Ashish Anand, founder of WHRRL, said “Crypto and blockchain will see a convergence of the real and crypto worlds with the help of solutions that are bridging the gap between these two worlds. Decentralised finance for the real world will be one such solution. This also has the potential to bridge the Rs. 30 lac Cr. credit gap that Indian MSME sector faces.”

Gaurav Somvanshi, CEO and Co-founder, EmerTech Innovations Pvt Ltd, said “Blockchain technology is trying to solve, to bring trust in our systems instead of inpiduals or organisations, has many wide-ranging effects that go beyond currency. It is leading to the advent of Web 3.0 where the creators will have control instead of the middlemen or aggregators. It is leading to a more decentralised world where the people can have a say over how things are governed and administered. And once a technology is out there, there is no going back."

Siddharth Sogani, MD, CREBACO Global, emphasised the immediate need for regulations to stop the brain drain of the industry players and professionals from the country. Siddhanth stated “The government cannot regulate decentralised cryptocurrencies, but it can regulate their use. WEB.3, non-fungible Token (NFTs) are for the first time giving ownership to the users, which can be the paradigm shift in the way we interact with the internet.”

How social commerce is affecting consumer behaviour

Whenever it comes to trust, we tend to put our faith in familiar people and known faces. This is because we know the person based on our personal experience and trust them more than any other strange face. When it comes to money that is where all the actual influence works. If nobody trusts you, why would they invest in you or your products? These are the basic premises of market forces. Trust is a valuable but hard asset to earn.

In the olden days, people used to communicate and products were promoted based on their experiences. Every organisation strives to gain the trust of consumers. The very first step is to understand how people view your products and how they learn about them. A business that just started, has to convince its customers as most consumers may not be aware of the product or its offering. So the real question becomes - how will they be able to promote it at an individual level?

For instance, imagine a scenario: While walking on the street, you, as a walk-by stranger, noticed someone’s saree and could not help but ask them about it- how would they answer? -- If this was before the internet era, she would probably name the shop where she purchased and would probably talk about it and other products she probably looked at. As a result, it could be concluded that she promoted the product, and since she is in your social circle, you may be tempted to purchase a similar product.

During the internet and ecommerce age, this same behaviour still exists. Just the difference is that earlier people liked the products and prices they used to shop whereas now people can compare the price and material.

Soon, just like flowing water, these social platforms started growing in business aspects and became a free space where most people started to promote their products/services. Nowadays social platforms play an essential role in marketing for firms. This eventually helps the individual and growth further.

Technology has become an integral part of our lives. Customers of today are most influenced by whatever they see online and influenced by messages and posts that appear on social media. They can even chat, comment, and be in touch with their long-time friends and physical distance is no longer a barrier for consumers to connect with their friends and family. This connection has spawned off a new type of commerce - social commerce.

#consumer

Intel unveils 7 new 12th Generation chips for mobile creators, gamers

Chip-maker Intel has unveiled seven new mobile processors to the 12th Gen Intel Core family for the growing community of content creators and gamers on smartphones, as the world grapples with chip shortage.

The company said that the new 12th Gen Intel Core HX processors are "unlocked out of the box" and available in Core i5, Core i7 and Core i9 models.

"We're enabling content creators to tackle the most demanding work flows like never before. Gamers and content creators will also have access to high bandwidth platform technologies like PCIe Gen 5 with RAID support, and support for ECC memory," explained Chris Walker, Intel corporate vice president and general manager of Mobility Client Platforms.

The new Intel mobile chips utilise desktop-caliber silicon in a mobile package to deliver high levels of performance for professional workflows like CAD, animation and visual effects.

The company said at an event late on Tuesday that the 12th Gen Intel Core HX processors provide 65 per cent more performance in multi-threaded workloads with more cores and memory.

The new chips offer up to 16 cores (8 performance-cores and 8 efficient-cores) and 24 threads, running at a processor base power of 55W.

"In addition to being a commercial workhorse, 12th Gen Intel Core HX processors provide a gaming powerhouse platform that will give enthusiast gamers higher frame rates for the games they know and love," said the company.

More than 10 workstation and gaming designs, powered by these new chips, are likely to be launched by major manufacturers this year, including systems from Dell, HP, Lenovo and others.

#GOLD TRADE #GOLD AND SILVER PRICES #SILVER PRICES #GOLD PRICE

Gold trading at Rs 51,380 per 10 gm today; silver selling at Rs 61,900 a kg

The price of 10 grams of 24 carat gold on Wednesday went down by Rs 430 to Rs 51,380, while the price of 1 kg silver dipped by Rs 600 to trade at Rs 61,900.

The price of 10 grams of 22 carat gold also decreased by Rs 400 on Wednesday to Rs 47,100, according to the Goodreturns website.

The price of 10 grams of 24 carat gold in Delhi and Mumbai is at par with the price of 10 grams of 24 carat gold in Bengaluru, Hyderabad and Kolkata, with the precious metal trading at Rs 51,380 in these regions.

The price of 10 grams of 22 carat gold in Delhi and Mumbai is also at par with the price of 10 grams of 22 carat gold in Bengaluru, Hyderabad and Kolkata, with the metal selling at Rs 47,100 in these regions.

However, the price of 10 grams of 24 carat gold and 22 carat gold in Chennai is above the other cities at Rs 52,860 and Rs 48,460 respectively.

The price of 1 kg of silver in Delhi, Mumbai and Kolkata is Rs 61,900, while in Chennai, Bengaluru and Hyderabad, the metal is trading at Rs 66,100 for the day.

The price of gold varies for different regions based on parameters such as the excise duty, making charges and the state taxes.

#GOLD TRADE #GOLD AND SILVER PRICES #SILVER PRICES #GOLD PRICE

Decks cleared for 5G auction but will you enjoy the benefits anytime soon?

Ready to enjoy blazing-fast speeds with 5G? Looking forward to enjoying entertainment options, such as immersive video and wireless holograms, which were hard to come by in the past? Well, there is good news for you, at least depending upon which city you live in. We are one step closer in our tryst with new high-speed services.

The decks have reportedly been cleared for the Department of Telecommunications, or DoT, to auction the 5G spectrum. In fact, India might see 5G services being showcased on 15th August.

The Telecom Regulatory Authority of India, or TRAI, has left it to the DoT to take a decision on three crucial issues.

The first is the validity period of spectrum assignment. The second is the deferment of auction in the 27.5 GHz-28.5 GHz band. And, the third is the quantum of spectrum that will be reserved for BSNL and MTNL. As a result, the whole process has become simple. Going ahead, the Digital Communications Commission, or DCC, will clear the 5G spectrum auction.

Subsequently, it will have to be cleared in the Union Cabinet. Finally, the DoT could begin the auction process in June. On their part, the telcos have said that if everything goes well, limited 5G services roll out might be seen by the end of this year.

Telcos had demanded a 90 per cent reduction in the 3.5 GHz spectrum base price, compared to the regulator's recommendation in 2019. But this demand has not been met. However, at 317 crore rupees for a pan-India 1 MHz of spectrum, the base price has been reduced by 36 per cent for a validity of 20 years.

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#5G AUCTION #5G IN INDIA #DOT #TELECOM COMPANIES

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