Category: Press Release

  • Sita Vatika: 100% Pure Spices, Resealable Packs for Long-Lasting Flavor

    Sita Vatika: 100% Pure Spices, Resealable Packs for Long-Lasting Flavor

    New Delhi [India], September 18: In the ever-evolving landscape of India’s spice market, SitaVatika is capturing attention for its remarkable commitment to quality and authenticity. The brand is making headlines by setting a new standard with 100% pure spices, free from artificial colors and harmful chemicals.

    Setting a New Benchmark

    Sita Vatika stands out in a crowded market for its rigorous adherence to purity. Unlike many others, we reject synthetic additives, focusing solely on delivering spices that are genuinely free from artificial enhancements. This dedication to authenticity isn’t just a goal—it’s a guarantee. Our spices contain absolutely no added colors or chemicals, ensuring that what reaches your kitchen is as close to nature as possible. This focus on purity redefines consumer expectations and sets a new benchmark in the spice industry.

    Affordable Quality for Every Household

    One of the most commendable aspects of SitaVatika is its ability to offer high-quality spices at prices that make them accessible to everyone. Despite the superior quality of our products, like our 100 grams of turmeric powder priced at just ₹39, we ensure that premium, health-conscious spices are within reach for many households. This approach underscores SitaVatika’s mission to enhance everyday cooking without compromising on either quality or affordability.

    Premium Packaging That Preserves Freshness

    Understanding the importance of freshness, SitaVatika takes extra care in packaging its products. Our spices come in high-quality, resealable zip-lock packets that are designed to lock in the freshness and aroma, keeping the spices as potent as the day they were packed. This means that every time you open a SitaVatika packet, you’re greeted with the same rich, natural flavor that you expect from freshly ground spices.

    Innovative Technology Ensures Freshness

    Sita Vatika employs advanced “Ever Fresh Technology” to preserve the freshness and flavor of its spices. This technology eliminates artificial preservatives, ensuring each spice retains its authentic taste and aroma. This innovation is a key factor in the brand’s ability to deliver a superior culinary experience.

    Rising Customer Satisfaction

    Sita Vatika has quickly built a loyal customer base that praises its products for their purity and flavor. Customers have reported a noticeable difference in the taste and quality of their dishes since switching to SitaVatika spices. Customers’ trust in our brand speaks to the consistency and quality we deliver in every packet.

    Expanding Product Range

    Looking ahead, SitaVatika is set to broaden its product lineup by introducing premium dry fruits and other new offerings. This expansion reflects the brand’s ongoing commitment to providing diverse and high-quality options for its customers.

    Commitment to Sustainability

    SitaVatika’s dedication to sustainability is evident in its sourcing practices. By partnering with farms that use environmentally friendly methods, the brand supports both ecological balance and ethical production practices.

    A New Standard in Spice Excellence

    Sita Vatika is making significant strides in the spice industry with its pure, additive-free products and innovative freshness technology. Our commitment to delivering superior quality at affordable prices, combined with our dedication to sustainability, is reshaping how consumers experience and enjoy their spices.

    For more information about SitaVatika’s offerings and to stay updated on new product launches, visit their website at – https://sitavatika.com.

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  • WOL 3D India Limited IPO To Open On 23rd September, Sets Price Band at Rs 142 to Rs 150 Per Share

    WOL 3D India Limited IPO To Open On 23rd September, Sets Price Band at Rs 142 to Rs 150 Per Share

    Mumbai (Maharashtra) [India] September 18: Incorporated in November 1988, WOL 3D India Limited provides 3D Printing solutions, which enable easier prototyping and finding applications in various sectors, such as manufacturing, education, engineering, architecture, interior design, fashion design, product design, medical, and dental. The company is poised for its initial public offering (IPO), with plans to raise INR 25.56 crores through the issuance of 17.04 lakh new shares.

    For its SME Initial Public Offering (IPO), WOL 3D India Limited has established a price band of Rs. 142 to Rs. 150 per share. The company’s shares will open for subscription on Monday, September 23, 2024 and closes on Wednesday, September 25, 2024. These will be listed on the NSE SME, with a projected listing date of Monday, September 30, 2024.

    WOL 3D India Limited’s revenue increased by 70% and profit after tax (PAT) rose by 109% between the financial year ending with March 31, 2024 and March 31, 2023.

    Hem Securities Limited is the book running lead manager of the WOL 3D IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for WOL 3D IPO is Hem Finlease.

    The issue proceeds will be utilized for repayment in full or in part, of certain of the outstanding borrowings, to meet working capital requirements (including augmentation on Long-Term Working Capital) and general corporate purposes.

    On Thursday, September 26, 2024, the shares for the WOL 3D India IPO are anticipated to be allotted, and on Friday, September 27, 2024, the shares will be credited to the demat account of the allottees. The IPO comprises 50% of the net issue for QIB, 35% for retail investors and 15% of the net issue for the NII segment.

    Retail investors need to contribute a minimum of Rs 1.5 lakh considering the minimum lot size for an application is 1000 shares. For HNIs, the minimum bidding size is two lots, or 2000 shares, for a total investment of Rs 3 lakh at the upper price band.

    The company manufactures 3D filaments for additive manufacturing using ABS and PLA plastics. It offers a range of products at various price points and provides prototyping services using FDM, SLA and SLS technology, including CAD/CAM modeling, reverse engineering and vacuum casting.

    Products are largely sold through experience centre at Mumbai branch offices and online through e-commerce platforms such as Flipkart India Private Limited, Jiomart, Firstcry, Indiamart, Snapdeal, Moglix and Amazon Seller Services Private Limited. The company has four branch offices in Delhi, Hyderabad, Bangalore, and Mumbai and five franchise offices in Pune, Chennai, Coimbatore, Rajkot, and Nagarcoil.

    Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investing in stocks involves risk, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.

  • Bridging the Silent Distance: A 15-Year-Old’s Poignant Tribute to Grief

    Bridging the Silent Distance: A 15-Year-Old’s Poignant Tribute to Grief

    Mumbai (Maharashtra) [India], September 18: In a heartwarming and emotional gesture, Iba Adnan, a 15-year-old student studying in Class IX at Jamia Millia School, has written a poignant poem that captures the depth of a father’s grief after the tragic loss of his daughter. The poem, written for Jaibeer Ahmad, a close friend of Iba’s father, Adnan Safee, Founder and Team Member of Nine Angle Productions, resonates with the profound emotions accompanying such a personal tragedy.

    Sharing this deeply touching moment, Adnan Safee expressed his amazement at his daughter’s emotional sensitivity at such a young age. “It amazes me how emotionally aware and sensitive today’s children are. At their age, we were more about play and fun, but it seems they carry a depth that often goes unnoticed,” said Safee. He reflected on the disconnect that modern life and social media often create between parents and their children, reminding us that these younger generations are navigating emotional challenges that might frequently go unnoticed.

    The poem  “Bridging the Silent Distance” reflects the sorrow, loss, and hope that Jaibeer Ahmad experiences in the wake of his daughter’s passing. Iba’s words touch on the universal feelings of longing, grief, and remembrance that are felt by all those who have lost a loved one.

    A Poem for a Father’s Grief:

    In the quietest hour, when the night is still,
    A father’s heart breaks against his will.
    Her laughter now echoes in the memories’ hall,
    A young life gone before it could sprawl.

    The sun still rises, the world goes on,
    But in his soul, a light is gone.
    No words can mend, no time can heal,
    The depth of sorrow he’s forced to feel.

    He held her close, his precious one,
    Now she’s a star; her race is run.
    He dreams of her smile, her gentle grace,
    And longs for the touch of her sweet face.

    Though she’s gone, her spirit stays,
    In every sunset, in the morning haze.
    She’s in the breeze, the whispered song,
    Guiding him as he moves along.

    So, dear father, let your tears flow,
    For in each drop, her love will grow.
    She’s with you now, though out of sight,
    A beacon of love in the darkest night.

    Her journey was brief, her time too small,
    But she left a love that will never fall.
    In your heart, she’ll always be,
    A cherished soul, forever free.

    The poem reflects not only the love between a father and his daughter but also highlights the compassionate depth in today’s youth. Iba’s ability to understand and express such complex emotions is a testament to the empathy that exists within the younger generation, despite the distractions of the digital world.

    Adnan Safee hopes this poem will remind parents to take a deeper interest in their children’s emotional well-being beyond just academic success. “We’re so caught up in our own lives that we overlook their feelings. It’s all about studies and marks until standard XII, but we need to make space for a deeper connection with them as parents.”

    This powerful tribute from a young student reminds us of the need for compassion, understanding, and emotional connection in times of sorrow and loss.

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  • The Revolutionary AI Health Monitoring Tool Every Indian Should Know About

    The Revolutionary AI Health Monitoring Tool Every Indian Should Know About

    New Delhi [India], September 17: In a significant leap forward for healthcare technology, a groundbreaking development in healthcare has emerged from India. Quick Vitals, an AI-powered health monitoring app, is set to revolutionize how Indians track and manage their health, offering a range of vital checks. Developed by Hyderabad-based Bisam Pharmaceuticals Pvt Ltd, this groundbreaking application offers users the convenience of tracking vital health metrics from the comfort of their homes, utilizing their smartphones or tablets.

    The Power of AI in Your Pocket

    Quick Vitals harnesses the power of Artificial Intelligence (AI) and Deep Learning to provide users with a comprehensive health monitoring solution. The app, available on both iOS and Android platforms, utilises advanced Photoplethysmography (PPG) technology to analyse light absorption changes due to blood volume variations, enabling accurate assessment of vital health indicators in mere seconds.

    What sets Quick Vitals apart is its ability to transform ordinary smartphones into personal health monitoring devices. Through sophisticated AI algorithms, the app provides precise readings for vital health indicators such as heart rate, blood pressure, and more, rivalling the accuracy of dedicated medical devices.

    Harish Bisam, Founder & Managing Director, explains the motivation behind Quick Vitals. “In India, where access to regular health check-ups can be challenging for many, we saw an opportunity to leverage technology to bridge this gap. Quick Vitals brings professional-grade health monitoring to every smartphone user, empowering individuals to take control of their health proactively,” says Bisam, who was also part of many trade delegations from Australia to India, including government and private organizations.

    Comprehensive Health Monitoring at Your Fingertips

    Quick Vitals offers an impressive array of health checks, including:

    ● Haemoglobin check at home

    ● Blood sugar test

    ● HbA1c test

    ● Breathing rate monitoring

    ● Pulse rate checking

    ● Blood pressure monitoring

    ● Heart rate variability (HRV) tracking

    The app provides two modes of assessment: Contactless spot checks using the device’s camera and continuous monitoring with PPG sensors. This versatility ensures that users can perform quick health checks on-the-go or opt for more detailed, ongoing monitoring.

    Seamless Integration with Healthcare Providers

    One of Quick Vitals’ most innovative features is its seamless integration with Doctors Plus, a platform connecting patients with healthcare providers. This integration enhances the patient’s healthcare journey by providing easy access to essential health data. Doctors can now review a patient’s vital signs and health trends over time, leading to more informed diagnoses and personalized treatment plans.

    “By bridging the gap between personal health monitoring and professional medical care, Quick Vitals is not just an app – it’s a comprehensive healthcare solution,” Bisam adds.

    The Growing Importance of Mobile Health Monitoring

    The launch of Quick Vitals comes at a crucial time. The global digital health monitoring devices market is expected to reach $946 billion by 2030, growing at a CAGR of 21% from 2024 to 2030. This growth is driven by increasing smartphone penetration and a rising awareness of preventive healthcare.

    In India, where smartphone users are projected to reach 1 billion by 2026, apps like Quick Vitals have the potential to significantly impact public health. The Indian Council of Medical Research (ICMR) reports that 1 in 4 Indians is at risk of dying from non-communicable diseases (NCDs) before the age of 70. Regular monitoring of vital signs, as facilitated by Quick Vitals, can play a crucial role in early detection and management of these conditions. Additionally, remote health monitoring can reduce the burden on healthcare systems, especially in areas with limited access to medical facilities.

    Quick Vitals stands out not only for its innovative approach but also for its commitment to accuracy and user privacy. The app is ISO-certified and approved by the Central Drugs Standard Control Organisation (CDSCO), India’s national regulatory body for pharmaceuticals and medical devices.

    “We understand the critical nature of health data,” Bisam states. “That’s why we’ve implemented robust cloud registration and adhere to strict Indian data protection standards.”

    Empowering Patients and Transforming Healthcare

    Quick Vitals represent a significant step towards patient empowerment. By making health monitoring accessible and convenient, the app encourages users to take an active role in managing their health. This shift towards proactive health management has the potential to reduce the burden on healthcare systems and improve overall public health outcomes. Quick Vitals represents a convergence of cutting-edge technology and essential healthcare needs. For a country as vast and diverse as India, with its unique healthcare challenges, Quick Vitals offers a glimpse into a future where every citizen has the tools to monitor and manage their health effectively.

    For an affordable price of under Rs 100 per month, you can scan and access the app 24/7, 365 days a year. To download the app, visit here – https://www.quickvitals.ai/aboutqv.php

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  • Unleashing the Power of Youth: Pavan Sindhi’s Electrifying Speech at Youth Dharm Sansad 2024

    Unleashing the Power of Youth: Pavan Sindhi’s Electrifying Speech at Youth Dharm Sansad 2024

    New Delhi [India] September 16: The ‘Youth Dharm Sansad-2024’ event, held in Haridwar, witnessed esteemed guests Pavan Sindhi, Acharya Mahamandleshwar Swami Kailashanand Giri Ji Maharaj, Acharya Balkrishna Ji Maharaj, and Acharya Mithilesanandini Sharan Ji Maharaj address the youth.

    Prominent figures such as Baba Ramdev, Uttarakhand Chief Minister Pushkar Dhami, Champat Rai, and Sunil Ambekar were also present. Pavan Sindhi emphasized Swami Vivekananda’s principles and vision, encouraging youth to contribute to the nation’s development. Acharya Mahamandleshwar Swami Kailashanand Giri Ji Maharaj stated, “It is our duty to make youth responsible towards the nation.” Acharya Balkrishna Ji Maharaj added, “Our objective is to inspire youth to contribute to the nation’s development.”

    Acharya Mithilesanandini Sharan Ji Maharaj said, “Our goal is to provide youth with opportunities to learn about Swami Vivekananda’s principles.”

    The youth attentively listened to the distinguished guests and pledged to adopt their ideas. This event will help make youth more responsible towards the nation.

    The ‘Youth Dharm Sansad-2024’ event successfully provided a platform for youth to learn about Swami Vivekananda’s principles. We hope this event will bring positive change in the lives of youth and inspire them to play a vital role in the nation’s development.

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  • Sellwin Signs $2M MoU with Secorbit FZCO for Blockchain Tokenization Platform Development

    Sellwin Signs $2M MoU with Secorbit FZCO for Blockchain Tokenization Platform Development

    Ahmedabad (Gujarat) [India], September 16: Sellwin Traders Ltd and Secorbit FZCO, UAE, have signed an MoU for a $2 million project to develop a blockchain-based tokenisation platform. The platform will enable the tokenisation of equities, bonds, and real-world assets, focusing on scalability, security, and seamless integration with existing financial and blockchain ecosystems. Sellwin Traders Ltd shall develop a comprehensive blockchain-based tokenisation platform over the next 24 months, order which Secorbit FZCO received.

    The Board of Directors of the company is scheduled to meet on September 25, 2024, to consider issuing bonus shares and approving a stock split, subject to shareholder and regulatory approval. The board will also review a business proposal focused on potential synergies and forward integration to meet evolving customer needs.

    The company has also entered into a Memorandum of Understanding with SDF Productions Pvt Ltd, an agri-export company specializing in spices, pulses, pulp, rice, tea, fruits, and vegetables. Sellwin expects revenue in excess of Rs. 30 crore from the business arrangement with a healthy margins of 35-40%. Under the MoU, Sellwin Traders Ltd will supply agro products to SDF Productions Pvt Ltd, which will then distribute these products to both Indian and international markets based on purchase orders. Sellwin will provide financial support to SDF Productions for procurement from Indian suppliers. Recently, SDF Productions secured several orders for mango pulp, including a USD 259,500 order from Ninety Nine Foodstuff Trading L.L.C, two orders totaling USD 130,200 from Shing Exim General Trading L.L.C, and additional orders from The Springs Foodstuffs Trading Co L.L.C.

    Highlights:-

    • The company expects over Rs. 30 crore in revenue from its business arrangement with SDF Production for supply of Agro products, with healthy margins of 35-40%.
    • SDF Production received multiple export orders for mango pulp for over USD 400,000.
    • On July 19, 2024, the Sellwin Board approved acquiring a 51% stake in SDF Productions Pvt. Ltd
    • In April 2024, Sellwin agreed to acquire a 66.67% stake in Patel & Patel E-Commerce and Services Pvt Ltd. Sellwin’s investment will fund Patel Container’s new Rs. 45 crore logistics container facility in Bhavnagar, Gujarat.
    • On 7 June, 2024 approved the appointment of Mr. Rajendra Naik as the CEO of the company. Subsequently on 17 August, Mr. Pruthvikumar Prajapati is appointed as the CFO of the company.
    • For Q1FY25, Revenue reported 66% growth to Rs. 16.6 crore, Net Profit up 104% to Rs. 70 lakh
    • Completed a preferential issue allotting 3.17 crore warrants at Rs. 12.95 crore raising Rs. 41.15 crore

    On July 19, 2024, the Sellwin Board approved acquiring a 51% stake in SDF Productions Pvt. Ltd. This strategic investment aims to expand Sellwin Traders Ltd’s business through market growth, supply chain integration, and revenue enhancement. SDF, operating in Dubai since 2002, recently expanded to New Mumbai. The company exports local produce, including oranges, turmeric, and jaggery, to Iran and the Middle East, with plans to enter Europe, the UK, and CIS markets, focusing on high-curcumin turmeric.

    In April 2024, the company signed a share purchase agreement to acquire a 66.67% stake in Patel & Patel E-Commerce And Services Pvt Ltd. Patel Container signed an MoU at the Vibrant Gujarat Global Summit 2024 to invest Rs. 45 crore in a logistics container manufacturing facility in Bhavnagar, Gujarat. The facility, expected to begin operations in 2025, will create 100 jobs and benefit from Bhavnagar’s strategic location near major ports and trade routes. Investment by Sellwin Traders will be utilized to support the establishment of a new manufacturing facility for logistic containers in Bhavnagar District, Gujarat.

    The company also plans to invest Rs. 200 million in Shah Metacorp Ltd (BSE & NSE) over the next two years as part of its long-term growth strategy. The investment will support Shah Metacorp’s expansion, boost production capacity, enhance R&D, and explore new markets. Shah Metacorp’s strong operations, innovative products, and sustainable practices make it a compelling investment opportunity.

    Board of Directors of the Company at its meeting held on 7th June, 2024 approved the appointment of Mr. Rajendra Naik as the Chief Executive Officer of the Company. Subsequently in the meeting held on 17th August, Mr. Pruthvikumar Prajapati is appointed as the Chief Financial Officer of the company.

    Consolidated Financial Highlights (Rs. Lakh)                       

    Particulars Q1 FY25 Q1 FY24 Growth  Y-o-Y % FY 24 FY 23 Growth  Y-o-Y %
    Total Income 1663.64 1002.87 65.9% 6173.0 3960.3 55.9%
    Net Profit 70.01 34.32 104.0% 96.2 0.83 11485.5%

    For Q1FY25 ended June 2024, company has reported 65.9% growth in revenue from operations to Rs. 16.63 crore as compared to Rs. 10.02 crore in quarter ended June 2023. Net Profit of the company during June 2024 quarter reported rise of 104% to Rs. 70 lakh as against Rs. 34 lakh in quarter ended June 2023. During FY24, company has turn around its business operations and reported 56% growth in total income to Rs. 61.7 crore as compared to Rs. 39.60 crore in FY23.

    In the previous quarter, the Company completed a preferential issue, allotting 3,17,80,000 convertible warrants at Rs. 12.95 each, raising Rs. 41.15 crore from non-promoter investors. On May 17, 2024, the Board approved the conversion of 1,20,60,000 warrants into equity shares at Rs. 12.95. Following this, the Company’s paid-up equity share capital increased to Rs. 20.26 crore, comprising 2,02,60,000 shares of Rs. 10 each.

     

    BOX – $2 million project cost will be paid by Secorbit to Sellwin Traders Ltd as follows:

     

    • 20% ($400,000) after Phase 1 (Research & Feasibility Study)
    • 30% ($600,000) after Phase 2 (Platform Architecture & Design)
    • 30% ($600,000) after Phase 3 (Core Platform Development)
    • 10% ($200,000) after Phase 4 (Testing & Compliance Audits)
    • 10% ($200,000) upon successful launch and handover (Phase 5)

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  • How to Benefit from the Bullish Run in Gold in 2024 : Alex Volkov, Market Analyst at VT Markets

    How to Benefit from the Bullish Run in Gold in 2024 : Alex Volkov, Market Analyst at VT Markets

    New Delhi [India], September 16: As we near the end of 2024, gold continues to exhibit strong bullish momentum, driven by several key factors. Persistent economic uncertainty has played a significant role, with global growth slowing, especially in major economies like the US and Europe. Rising inflation, increasing interest rates, and looming recession fears have steered investors towards gold, a classic safe haven. Additionally, ongoing geopolitical tensions in Eastern Europe and the Middle East have heightened investor apprehension, further boosting gold’s appeal as a hedge against political risk. The volatility of the US dollar throughout 2024, marked by periods of weakness due to mixed economic data and the Federal Reserve’s cautious stance on interest rates, has also contributed to the upward trend in gold prices.

    Alex Volkov, Market Analyst at VT Markets, said, Given the current upward trend, traders have several strategies to capitalise on the momentum. One straightforward approach is to trade physical gold—such as bullion, coins, or bars—which offers a tangible asset with historical value, particularly during periods of economic and political instability. As the year concludes, holding real gold remains a viable option. For those seeking more liquidity and convenience, gold ETFs (exchange-traded funds) are popular. These funds track gold prices, allowing investors to benefit from gold price movements without owning physical gold. Another approach involves investing in gold mining stocks, often providing leveraged exposure to gold prices. As gold prices rise, these mining companies’ profits and stock values tend to increase even more significantly. However, it is essential to be aware that mining stocks come with additional risks, including operational issues and management decisions.

    For more advanced traders, gold futures and options offer opportunities to speculate on gold’s future price. These financial instruments can yield substantial profits, especially in volatile markets, but they also entail higher risk due to leverage and market complexity.

    Proper risk management is vital for every trading approach. Instead of focusing on gold, traders should diversify their portfolios among various assets to avoid risk. It is also critical to stay informed about global economic and political developments, as these significantly impact gold prices. Timing is also crucial; while momentum may be high, gold prices can fluctuate unexpectedly, necessitating careful planning of entry and exit points.

    Your strategy may differ depending on your trading objectives. Trading gold futures or acquiring gold mining firms may generate faster gains but also carry more dangers. Traders seeking a hedge against inflation or future economic downturns, on the other hand, may prefer to store physical gold or trade gold ETFs, which provide better stability and can help protect wealth over time.

    As 2024 draws to a close, gold remains a compelling trading option. Whether you prefer physical gold, ETFs, mining stocks, or more sophisticated instruments such as futures and options, there are several ways to profit from the bullish trend. By remaining knowledgeable and carefully controlling risks, you may be able to capitalise on gold’s trend and perhaps earn significant returns by the end of the year.

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  • Indxx Licenses Indxx Artificial Intelligence Index to Global X ETFs Europe for an ETF

    Indxx Licenses Indxx Artificial Intelligence Index to Global X ETFs Europe for an ETF

    New Delhi [India] September 14: Indxx, a provider of indexing solutions for exchange traded funds (ETFs), is pleased to announce the licensing of the Indxx Artificial Intelligence Index to Global X ETFs Europe as the underlying benchmark for the Global X Artificial Intelligence UCITS ETF (AIQU), which began trading on the London Stock Exchange today.

    The Indxx Artificial Intelligence Index provides exposure to companies listed or incorporated in developed markets that:

    • Are positioned to benefit from the development and utilization of Artificial Intelligence (“AI”) technology in their products and services.
    • Produce hardware used in Artificial Intelligence applied for the analysis of Big Data.

    Rahul Sen Sharma, President, and Co-CEO at Indxx said, “Artificial Intelligence is revolutionizing industries such as healthcare, finance, and education, driving substantial technological progress and enhancing human-machine collaboration.

    This transformative shift is fuelled by a remarkable surge in investment. Q2 2024 marked the largest quarter for AI funding in recent years, with global funding for AI startups doubling quarter-over-quarter to $24 billion, representing 30% of all investments.1 In June 2024, Nvidia, a pivotal force in AI chip production, surpassed the $3 trillion market capitalization milestone.2 These figures demonstrate the extraordinary potential and rapid expansion of the AI sector. Recognizing this massive potential, major tech leaders, including Meta, Amazon, Alphabet, and Microsoft, along with venture capital firms, are also increasingly investing in the Artificial Intelligence market. We are excited to partner with Global X ETFs Europe to introduce this revolutionary strategy to the European market.”

    Vaibhav Agarwal, Chief Product Officer at Indxx added, “The Indxx Artificial Intelligence Index is designed to provide a comprehensive exposure to the Artificial Intelligence industry. By including Artificial Intelligence Developers and Artificial Intelligence-as-a Service Providers as well as companies offering Artificial Intelligence Hardware and Quantum Computing, it captures key themes in the AI ecosystem. The Index leverages an exposure score framework to effectively identify leading players in the Artificial Intelligence market, thus offering a targeted exposure of the underlying theme.”

    “We are dedicated to providing our investors with access to the most relevant and innovative investment themes,” said Rob Oliver, Head of Global X ETFs Europe.

    “The launch of our Artificial Intelligence (AI) UCITS ETF underscores our commitment to expanding our brand in Europe and empowering investors to capitalise on sectors that are vital to the future of our continent. By focusing on AI, we are offering strong growth potential while supporting Europe’s strategic priorities for technological advancement.”

    As of September 12, 2024, the index has 84 constituents. The index has been backtested to January 31, 2014, and has a live calculation date of May 28, 2024. For additional information, please see here.

    About Indxx

    Founded in 2005, Indxx aims to deliver innovative and custom indexing and calculation solutions to the investment management community at large.

    Indxx and products tracking its indices have been nominated for and received numerous awards, including ‘Index Provider of the Year’ at the With Intelligence Mutual Fund & ETF Awards 2022 & 2023, ‘Best Index Provider – Emerging Markets ETFs’ at the ETF Express US Awards in October 2020, and ‘Most Innovative ETF Index Provider’ for the Americas at the 14th Annual Global ETF Awards in July 2018.

    • For more information about Indxx, please visit: indxx.com
    • For more information about this announcement, please contact: marketing@indxx.com

    Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investing in stocks involves risk, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.

  • Excelia Business School reaches 30th place in 2024 Financial Times Masters in Management world ranking

    Excelia Business School reaches 30th place in 2024 Financial Times Masters in Management world ranking

    Mumbai (Maharashtra) [India], September 14: Excelia Business School has risen in the Financial Times ranking of Masters in Management for the sixth consecutive year. From 33rd place in 2023, Excelia has climbed a further three places to be ranked 30th out of the 100 business schools featured in 2024, reaffirming its academic excellence. This latest ranking also highlights the school’s commitment to ecological transition and its international standing.

    +36 places in 6 years

    By rising a further 3 places in the 2024 edition of the Financial Times Masters in Management ranking, Excelia Business School remains among the schools that have recorded the most substantial progression in the last few years: +36 places in 6 years. As per last year’s ranking, the 2024 edition features 100 business schools. Excelia Business School is ranked 8th among the French Masters in Management included.

    Leader for its international dimension and CSR teaching

    On an academic level, Excelia Business School stands out in particular for its strong international profile and its commitment to CSR.

    • International dimension: Since its initial inclusion in the Financial Times ranking, one of the school’s major strengths has been its strong focus on international course experience. In addition to traditional academic exchanges and internships abroad, students benefit from a unique immersion experience through a compulsory humanitarian project, known as Humacité©, carried out abroad.
    • CSR teaching: For the first time since the introduction of a CSR criterion (ESG and net zero teaching rank), Excelia Business School ranks 2nd worldwide. The Financial Times assesses the amount of lesson time devoted to ethics, social and environmental issues, and climate solutions that enable organisations to decarbonise their activities.
    Graduate satisfaction on the increase

    In this 2024 ranking, Excelia Business School has progressed on a number of criteria linked to the careers and satisfaction of its graduates, including:

    • Value for money rank (+3 places)
    • Career progress rank (+ 26 places)
    • Careers service rank (+16 places)

    “Excelia Business School’s renewed performance in the 2024 Financial Times ranking of the best Masters in Management demonstrates that the school is perfectly aligned with the group’s strategic objectives: to become a permanent fixture in the French TOP 10, to be a world leader for the economic, environmental and climate challenges of tomorrow, and to be recognised for its international standing. All such excellent results contribute to the career opportunities the school affords its graduates, as evidenced by their high level of satisfaction.” Said Bruno Neil, CEO of Excelia

    “The commitment of Excelia Business School’s academic teams and faculty has been rewarded once again this year with further progression in the ranking. This confirms the school’s ability to deliver added value to its graduates and society as a whole.” Added Tamym Abdessemed, Deputy General Director of Excelia, Dean of Excelia Business School.

    About Excelia

    Excelia is one of the leading association-based French Higher Education groups. Its strong international standing comprises Excelia Business School, Excelia Tourism School, and Excelia Communication School. It currently educates some 6,500 students on its 4 campuses and boasts an alumni network of 45,000 graduates. It holds the following labels and accreditations: EESPIG, AACSB, EQUIS, AMBA and EFMD, as well as UNWTO.TedQual (United Nations) in the field of tourism.

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  • Hafele Lighting’s Stanford Series Architectural Lights

    Hafele Lighting’s Stanford Series Architectural Lights

    New Delhi [India] September 14: Hafele’s Loox Range has been meeting the demands for lighting in furniture as well as the growing needs for networking and digitalization since the last 10 years. The solutions offered within this range maximize simplicity and flexibility as well as assure high reliability. The range presents itself as a unique combination of elegant design and state of the art technology making it the perfect choice for any home furniture application, be it Task Lighting for Kitchen cabinets and plinths, Decorative Lighting for Living Room Showcases, Mood Lighting for Bedroom Applications or pure Functional Lighting in Wardrobes.

    With the ever-increasing demands for quality and specialized lighting solutions not just for furniture but also for rooms, Hafele in 2019 expanded its range offering to include ceiling cove lighting which incorporates our high-quality strip lights. It was during this period that we realized that among the numerous ceiling light types available in the market, interior architectural lighting had a huge demand, however there were not many prominent brands that offered these solutions. On one side, there existed local market players that offered these solutions without effective quality assurances, while on the other there were international brands that only catered to projects with no stable price offering or service support. This left majority of the customers without a viable choice in the market.

    Identifying this distinct gap early on as an opportunity, Hafele initiated the research and engineering for a range of lights that enhances the design of architectural spaces as well as provides opportunities of achieving different illumination techniques and functionalities. As a brand, Hafele understands design and is known for its bend towards innovation. It also understands the importance of home ergonomics, lifestyle conveniences and ease of mobility within your surroundings. Our efforts towards this exercise led to the development of a versatile range of architectural lights; Hafele Architectural Lights was brought into existence.

    With Hafele’s New Architectural Lighting Range, you will find all your lighting needs taken care of. Whether it is lighting up a small area, highlighting a wall texture, emphasizing on a work of art, illuminating the floor space at night, or simply ensuring even distribution of light across the entire space – these lights have got you covered. The range, consisting of 8 series, covers various applications, installation techniques and design themes. Each series comes with a comprehensive offering of the different types of interior lights, be it downlights, spotlight, or wall washers, which allows you to implement a consistent design theme (in terms of the lighting fixtures) across the space available, even with differentiated illumination techniques. The biggest advantage this range carries is the low Unified Glare Rating (UGR). The lower the UGR rating, the lower the glare from the light fittings which therefore results in comfortable illumination in your living spaces.

    The convenient plug and play assembly, impressive product specifications, flexibility in ordering components, luminaire finishes, and availability of glare reduction accessories provide an overall customized option tailored to your specific requirements. Engineered on the same philosophy of ‘easiness’ and ‘flexibility’ as the Loox furniture lighting system, Hafele can now be your holistic lighting solutions provider, delivering premium ambient, task and accent lighting for your living spaces.

    The Stanford Series

    Designed on the concept of modularization, Hafele’s Stanford series offers you customization options like never before. The ordering process involves selecting the type of Light Engine, Baffle and Mounting Bracket, enabling the series to offer 42 different luminaire combinations. Selections in terms of wattage, beam angle, tilt angle and shape give you unmatched possibilities in ensuring a unified look for your interiors. The 7 trendy baffle colour options provide creative flexibility for incorporating elegant pops of colour that effortlessly highlight your ceiling or provide a seamless look that immaculately blends with your interior design.

    The luminaires from the Stanford Series are suitable for use as spotlights and downlights. They have a low UGR (Unified Glare Rating) which enhances the visual clarity and provides comfortable aesthetics in the living spaces. With easy installation and wide customization options, the Stanford series is your ideal solution for contemporary aesthetics.

    About Hafele India

    Established as a wholly owned subsidiary of Hafele Global network, Hafele India has been operating in India since 2003. An authority in the field of architectural hardware, furniture and kitchen fittings and accessories, the company also has a strong presence in synergized product categories like Home Appliances, Interior and Furniture Lighting, Sanitary Solutions, and Surfaces positioning itself as a complete solution provider for interior solutions in India and South Asia. Hafele India has a strong nation-wide presence through its offices and design showrooms spread across the country. The showrooms function as a one-stop-shop for all home interior and improvement needs – from providing in-depth technical advice to kitchen and wardrobe designing services through a team of experts.

    Log onto hafeleindia.com/en/info/service/contact-us/410/ to find the nearest Hafele showroom or design centre.

    Website: hafeleindia.com

    Customer Care Toll Free: 1800 266 6667

    Customer Care WhatsApp: +91 97691 11122

    Customer Care Email ID: customercare@hafeleindia.com

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