Tag: Business

  • JM Narola, Founder & CEO & Mr. Hemant Jass (Advisor) IgniteChain conferred with Entrepreneur of the Year Award At the Naya Bharat Mahotsav, held in London, UK

    JM Narola, Founder & CEO & Mr. Hemant Jass (Advisor) IgniteChain conferred with Entrepreneur of the Year Award At the Naya Bharat Mahotsav, held in London, UK

    Mr. Shantanu Chaturvedi, promoter for Haxly group of companies and Mr. Hemat Jass (Advisor) IgniteChain

    New Delhi / London, September 13: Mr. JM Narola, Founder & CEO IgniteChain & Mr. Hemant Jass (Advisor – Collaborations) was conferred with the Entrepreneur of the Year Award at the Prestigious Naya Bharat Mahotsav, held at the House of Commons, British Parliament, UK.

    For their Innovative Contribution to blockchain technology, Mr. Narola and Mr. Jass received the award at the Naya Bharat Mahotsav, the Biggest ever felicitation event under the aegis of 75 Azadi Ka Amrit Mahotsav. On occasion, Mr. Shantanu Chaturvedi, promoter for the Haxly group of companies, was awarded as the global entrepreneur under 40 and Global Show Director, respectively, along with Ms. Liza Varma for her unmatched contribution to the Media industry.

    Introducing Reward Protocol in the core structure of IgniteChain, JM Narola has caught the attention of the blockchain community and tech entrepreneurs. Built upon existing proven blockchain innovations and novel technologies that are created for achieving mass adoption, IgniteChain network is pursuing the goal of forming a decentralized and global community that would be able to develop, test and launch new innovative blockchain technology-powered solutions and decentralized finance applications.

    Recently, Mr. Shantanu Chaturvedi, promoter for the Haxly group of companies, announced its intentions to collaborate with IgniteChain; he will come in as a strategic investor on the board of Ignitechain. Haxly Group is present in the UK, Canada, China and Dubai. The company specializes in Ferrous & Non-Ferrous metal, and they also trade in PVC & Plastic products along with fashion Clothing for Women and children in the GCC region.

    Shantanu Chaturvedi, promoter for Haxly Group of companies, is keenly evaluating investment opportunities in lgniteChain; he has consented to invest up to USD 25 M. This capital is to be invested in business over a period of the next couple of years. Currently, the team is working on identifying milestones where the business would need capital to fuel growth and expansion.

    “IgniteChain is solely designed for mass market adoption of Block Chain Technology in the area of decentralized finance for any enterprise or institutions, by providing lowest cost and yet ultra fast peer-to-peer transactions in the market, where other blockchain networks are still struggling to bring down heavy transaction fees and confirmation time,” says Narola, CEO, IgniteChain. “The solution we have built has strong potential and use cases that clearly are boosting the adoption, despite the project – IgniteChain – a new entrant. “The team is headed by Mr. JM Narola, Founder & CEO, Mr. Hemant Jass, Advisor (Collaborations) and Mrs. Liza Varma as Media Advisor.

    About

    IgniteChain is providing a self-regulating and self-sustainable model that enables a pervasive trustless economy & the ideology of pure decentralization while using Reward Protocol (Proof-of-Reward) with the security of Proof-of-Stake (PoS) consensus in the process of validating & broadcasting transactions on the network. In Proof-of-Reward (PoR) consensus, every node is rewarded for the transaction they sign right after the transaction is processed and broadcasted on the blockchain network. The validator of a transaction is incentivized by the gas used to execute the transaction.

    If you have any objection to this press release content, kindly contact pr.error.rectification[at]gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • MANTRA Inaugurates Face Mask And PPE Kits Testing Laboratory In Surat

    MANTRA Inaugurates Face Mask And PPE Kits Testing Laboratory In Surat

    Surat (Gujarat) [India], September 13: The Man-Made Textile Research Association (MANTRA), which is one of the leading national Textile Research Associations (TRAs) in the country and is connected to the Ministry of Textiles, Government of India, opened the first-of-its-kind Face Mask and PPE Kit testing laboratory at its facility on the Ring Road in Surat.

    Rajnikant Bachkaniwala, the president of MANTRA, said, “We had a lot of trouble setting up the lab during the COVID-19 pandemic because we didn’t have the right testing equipment.” Now that MANTRA’s testing lab is up and running, it won’t take long for the makers of face masks and PPE kits to get their samples tested and certified.

    According to Bachkaniwala, the demand for PPE and face masks increased significantly across the country due to the spread of the coronavirus pandemic. The textile entrepreneurs in Surat grabbed the opportunity and forayed into the PPE kits and face masks on a huge scale. This led to the need for testing and certification, but MANTRA was not equipped with the equipment and machines.

    “In a short span of six months, MANTRA managed to develop the infrastructure required for the testing laboratory. The state-of-the-art testing equipment was imported” said Bachkaniwala.

    MANTRA will soon apply for the National Accreditation Board for Testing and Calibration Laboratories (NABL) certification. In the next couple of months, the exporters of face masks and PPE kits will be able to certify their products at MANTRA.

    MANTRA has spent Rs 2.5 crore for setting up the state-of-the-art testing laboratory. The laboratory is equipped to carry out tests including bacteria filtration efficiency, particle filtration efficiency, synthetic blood penetration test, differential pressure, etc.

    “The demand for face masks and PPE kits will not decrease in the coming years. In many industrial units including those connected with health, hospitality, etc., face masks are mandatory. The demand for PPE kits is ever increasing due to various kinds of viruses including Monkeypox striking in some parts of the world” said Bachkaniwala.

    Resident Medical Officer (RMO) of New Civil Hospital, Dr. Ketan Naik remained present as the guest of honor at the inauguration of MANTRA’s testing laboratory along with Praful Gandhi secretary of MANTRA, former MANTRA director Dr. SK Basu and stakeholders from Surat’s textile industry.

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • CREDAI Surat to host the mega Smart Surat Property Fest 2022 at SIECC

    CREDAI Surat to host the mega Smart Surat Property Fest 2022 at SIECC

    Surat (Gujarat) [India], September 13: CREDAI Surat, the apex body for Surat’s private real estate developers, will host the 5th edition of ‘Smart Surat Property Fest 2022’ to showcase Surat’s finest and most desirable properties and connect with potential buyers and vendors at the Surat International Exhibition and Convention Centre (SIECC) in Sarsana for three days beginning September 16.

    Gujarat Chief Minister Bhupendra Patel will kick off the three-day Smart Surat Property Fest 2022 on September 16th, hosted by Rajhans (Desai-Jain Group) and powered by Triyom Realty.

    The Property Fest 2022, which is being hosted in Surat after an eight-year hiatus, will feature leading real estate and construction enterprises. The expo will feature over 200 projects spanning commercial, residential, retail, textile projects, and industrial assets.

    For the first time, CREDAI Surat has organised a Gala Food Festival during the three-day Property Fest to allow buyers and visitors to sample authentic cuisines while listening to live music. CREDAI Surat will give away Rs 1 lakh in discount vouchers to potential customers on the spot. The Property Fest 2022 will also feature an awards ceremony to recognise real estate companies for their achievements. The Property Fest will also include cultural events on all three days of the expo.

    This year Property Fest is organised on the theme ‘SMART’, which stands for Sensational Surat, Magnificent Surat, Aspiring Surat, Rising Surat, and Trusted Surat.

    Sanjay Mangukiya, president of CREDAI Surat, said, “The 5th edition of Smart Surat Property Fest will consist of a gala Food Festival of authentic cuisines with lively music turning the expo into a mega event for the people of Surat”. “We are exhibiting properties of all the real estate segments enabling the buyers to have a wide range of options and that too within their respective budget window.”

    “The idea is to showcase real growth of the realty sector in Surat along with that of Surat city. Moreover, we have curated this property show to encourage developers to build sustainable homes for a sustainable future. Our expo is meant to provide holistic benefits for both buyers and developers,” added Mangukiya.

    CREDAI Surat’s virtual property show hosted in 2020 was a big hit. The virtual expo had an enormous online turnout of buyers and developers.

    Ravjibhai Patel, chairman of CREDAI Surat, said, “This property exhibition will help homebuyers invest in real estate for a secure future. We’ve created alliances with several banking & non-banking financial institutions to provide house loans at a lower interest rate, making it a reliable option for investing in homes.

    “The expo will demonstrate a variety of developers, unit sizes, locales, and other criteria, making it a useful tool for choosing a residential or business space. Our Property Show will produce a Real Estate Avalanche in Surat this year, fulfilling your desire to buy a new home.”

    Amar Raval, chairman of CREDAI Surat’s Programme committee, said, We promise a once-in-a-lifetime experience this year, where buyers and investors can meet developers at the property event. This big event will include quality residential and commercial properties from Surat and South Gujarat’s top developers. CREDAI Surat has held CSR cricket tournaments. Seminars, tree-planting, etc., in the past, and this Property Fest will be Surat’s biggest.

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Last date for submissions to The AGIF 2022, International Animation Festival fast approaching!

    Last date for submissions to The AGIF 2022, International Animation Festival fast approaching!

    The AGIF2022, International Animation Festival

    The extended deadline of 15th September 2022, to submit your films for the very first edition of the AGIF22 is almost here!

    New Delhi (India): An initiative taken by the Animation Guild India to create a hub of talented animation artists (young and old) and innovate the future of this industry in India is setting the stage for the first Animators Guild India Fest in 2022.

    The fest is open to 12 categories internationally plus 3 select awards for only Indian citizens. It has already garnered entries from across the globe, of filmmakers showcasing their innovative, engaging short films, Immersive experiences and storytelling.

    The two-day event, pegged for end November will have screenings of chosen films, workshops, discussion panels, keynote presentations, a variety of independent art and design stores, booths, music performances, awards, networking night, and other exciting activities.

    The world of animation gets a pathway to create their imagination and win prizes like the Rising Star (Student and Young Gun) Awards with a cash prize of upto ₹50,000 each. There will also be 2 Audience choice awards for students and professionals for both national and international level categories. All winners will also get a chance to be featured on the Animator’s Guild website www.animatorsguild.com

    Prateek Sethi, part of the festival team, further adds, “We are creating a milestone in the animation industry by bringing the art of the animation world together at one place as a celebration. We aim to get more entries and hope to feature short films and immersive experiences to understand the different perspectives of artists and filmmakers worldwide.”

    The esteemed judges for the multiple categories of the festival include industry veterans such as Shamik Majumdar, Creative Director, Original Series – Animation, The Walt Disney Company, EMEA; E Suresh, Renowned Indian Director and head of Studio Eeksaurus; Taniya Vij, Lead Designer for Adobe Illustrator and Creative Cloud at Adobe, Priya Kurian, Award winning writer; Isabel Herguera and Mickey Bardava, award winning photographer and creative director.

    You can submit your films and projects here: www.filmfreeway.com/agif

    Hurry the deadline is just a couple of days away!

    The Animators Guild of India is a community of artists, animators, designers and enthusiasts, that aims to be a pioneering platform to represent the animation scene in India. They dream of showcasing all the lovely work being done by Indians at home and across the world and create a distinct voice that celebrates Indian Animation.

    What started as a WhatsApp group in 2017 as a means to get Indian Animators together on a common platform has grown into an online magazine in 2020 and now in November 2022 they shall have the very first Animators Guild India Fest.

    Amongst the core festival team, Prateek Sethi is Founder Creative Director at Trip Creative Services, a multi award winning communication design house based out of Mumbai and Pune. An animator, producer, director, designer, an avid aerial cinematographer, ex host of the hit kids science curiosity based show – FAQ on Pogo TV | Cartoon Network SEA, TEDx Speaker and winner of Times 40 Under 40. With over 17 years of experience, always on the lookout for new and exciting ways to engage audiences.

    Rituparna Sarkar is the Founder and Creative Director of VISUAL SARKARSM – a boutique Animation and Visual communication studio, a designer with over 14 years experience in the Media and TV Industry and a published author and illustrator with Penguin India.

    Snigdha Rao is currently ACD at one of India’s leading e-learning platforms, and an animation film director, design educator and media professional with over 14 years of experience.

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Lyra Network India receives in-principle approval from the Reserve Bank of India for a Payment Aggregator (PA) Licence

    Lyra Network India receives in-principle approval from the Reserve Bank of India for a Payment Aggregator (PA) Licence

    Lyra Network Private Limited is an established leader in securing eCommerce and POS payments and a trusted paytech partner for many Indian banks, merchants, businesses and fintechs.

    Mumbai, September 10: Lyra Network Private Limited, a fintech and paytech solutions platform, has received approval from the Reserve Bank of India (RBI) for Payment Aggregator (PA) Authorization.

    Founded in 2007 in India, Lyra Network has built its way up to becoming a well-recognised player in the field of digital payment solutions. Lyra’s tailor-made digital payment solutions cater to all unique payment requisites of businesses/merchants and offer them a secure and frictionless digital payment platform.

    “We are incredibly proud to share this news. Lyra acknowledges the responsibility that comes with this approval and will continue to accelerate its activity in India’s Digital Payments growth process. Lyra will always stand committed to its vision to offer frictionless, secure and easy to handle payment acceptance solutions”, said Rajesh Desai, Co-founder, CEO & MD, Lyra Network India.

    “The Indian fintech space is continuously transforming with new trends and technologies. Recognised as the fastest and safest online payment solution provider, Lyra plans to assist in India’s journey towards the no cash economy from less cash economy by offering solutions that will deepen the penetration of digital payments PAN India”, he added further.

    The payment aggregator regulation guidelines were introduced by RBI in 2020. According to these guidelines, PAs are entities that facilitate e-commerce sites and merchants to accept various payment instruments from the customers for the completion of their payment obligations without the need for merchants to create a separate payment integration system of their own.

    The guidelines also state that the payment aggregators must have a net worth of Rs 15 crore by March 2021, a net worth of Rs 25 crore by March 2023, and they have to maintain a net worth of Rs 25 crore at all times thereafter.

    “RBI regulations surely foster more trust toward the digital payment ecosystem enabling fintechs and paytechs to offer simpler, affordable and integrated digital payment solutions,” said Mr Manoj Varma, Head of Payments at Lyra. “Our plan is to onboard 1lakh+ merchants in the next 12-16 months. Though Lyra is already instrumental in achieving financial inclusion of the unbanked rural population with the Last mile solution, we are planning to enhance the solution with the goal of a twofold increase in the processed connections from the current 10 million connections.”, he added further.

    Lyra is a stand-alone paytech service provider owning the entire ecosystem with no third-party dependency. With the ‘Low Cost, Less Space, Secure, multi-connection, multi technologies, and 100% availability’ mantra, Lyra is on a mission to build relevant and reliable solutions to facilitate omnichannel payment solutions. Currently, Lyra’s innovative solutions are used by the entire gamut of sectors like banks, e-merchants, financial institutions, railways, and transport.

    Lyra is currently acting as a managed connectivity solution provider for many key projects and is planning to invest in new technologies and strengthen the ecosystem and infrastructure to offer convenient and uninterrupted services.

    Lyra’s key figures:

    Lyra is Processing 16 million connections per day and over 10 billion payments secured and transmitted.

    Over 30,000 e-merchants and over 14,00,000 POS devices

    PCI DSS 3.2.1 compliant, 3D secured

    Highly scalable and active DCs in Mumbai and Bangalore, with disaster recovery capability

    To know more about Lyra and its solutions: https://www.lyra.com/in/.

  • Hercules Hoists Limited launched its monthly newsletter INDEF BUZZ featuring Mr. Hercules as Mascot

    Hercules Hoists Limited launched its monthly newsletter INDEF BUZZ featuring Mr. Hercules as Mascot

    New Delhi, September 10: Hercules Hoist Limited – Indef’s first edition newsletter, “INDEF BUZZ”, got published on September 8th, 2022. The company has an astounding legacy of more than 60 years and has led the industry in hoisting solutions ever since 1962. They have made the brand exceedingly successful with their business experience, integrity, technical expertise, and innovative products. Undoubtedly, their reach directly results from the respect and loyalty earned from their beloved customers.

    To begin with, the newsletter contains interesting columns, including industry trends, where the latest updates are discussed; HHL updates, where their organizations’ benchmarks and achievements are highlighted; beloved customers’ reviews, which contain soulful messages; ABP speaks, where the company’s distributors also known as Authorised Business Partners share their experiences and book recommendation and review, where they have their say on the author’s perspective.

    Then comes the special attraction of their newsletter, where they have introduced their mascot, Mr. Hercules, via their original and ground-breaking entertainment corner. The mighty, sturdy, clever and confident mascot exemplifies their authentic brand’s personality. The artistically created mascot is a pleasure to look at and read about.

    The Herculean message column was then given voice by its CEO, Mr. Amit Bhalla. “We have begun with a tremendous effort and will ensure that “Monthly Newsletter” becomes the most spectacular content magazine for all stakeholders with contributions and encouragement from all of you!” he said.

    In this first edition, they have featured their No.1 authorised business partner, Mr. Ajay Sureka, Managing Director of ELEQUIP TOOLS PVT. LTD., who has been associated with the company over the last 53 years. He has expressed his heartfelt thoughts in the ABP column. He has gladly remarked that “Indef does anything we want without hesitation to delight us, and we reciprocate” and has gone on to discuss their collaboration with Indef.

    Indef is a customer-focused brand that differentiates itself through next-gen technology products on par with international markets, resulting in considerable business coming not only from the Indian market but also from foreign markets.

    With a solid brand reputation, Indef delivers cutting-edge products with innovative, rugged, and durable designs, and they cater to automotive, engineering, petrochemical, renewables, and many other industries. They also provide custom solutions as per the application requirements.

    Nevertheless, their team’s unique thinking and dedication inspired them to establish their newsletter with the goal of offering their customers informative, engaging, and entertaining news.

    In addition, they have said that they see the publication of the newsletter as a wonderful chance to experiment and are seeking feedback from readers on how the content is received. Thus, every edition will contain a variety of informative and entertaining news items.

    Overall, HHL’s newsletter approach is more informative and entertaining, and we appreciate and hope that they will continue to do excellent work in future editions.

    Indef, the leading one-stop material handling solutions manufacturing company established in 1962, has supplied and will continue to provide the finest quality hoist and crane solutions for the industry. Please contact the team if you have any material handling needs.

    You can check the newsletter on this link: https://bit.ly/3RMBlgA or on their website as well as social media handles.

    Follow them on their social media handles for more information about their product portfolio, new launches, events, and other updates.

    “Redefining Material Handling since 1962”. For more details about us, please visit www.indef.com

    If you have any objection to this press release content, kindly contact pr.error.rectification[at]gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Searchmyhostel.com brings the massive change in Hostel/PG/Mess business industry

    Searchmyhostel.com brings the massive change in Hostel/PG/Mess business industry

    searchmyhostel

    New Delhi, September 10: India is a great destination for students, given excellent programs, lower fees and its world-renowned culture and history. But when it comes to finding a new place to live in the new city, it’s a bit tough for a student or a traveller to find a suitable place to stay. So, after examining this problem for the last three years, Mrs. Shobha Kshirsagar (Professor in hotel Management College, Pune, Maharashtra) discovered a solution for students or any traveller to find a better place easily on their hand. To solve this particular issue, she launched Searchmyhostel.com, the master search engine platform where travellers can easily find the best Hostel/PG/Roommates/Trans/Pet hostel & Mess services under one roof.

    Searchmyhostel.com is a free platform for every traveller. This website will help travellers refine their search by type, price, category, and extended property overview, making the process easier and quicker. Mrs. Shobha Kshirsagar said, “searchmyhostel is not going to charge any commission to hostel/PG/mess owners. It is entirely commission-free with minimal joining fees at no hidden cost. Now hostel/Mess service owners can list their businesses and boost up on a new digital platform where they can get more leads, calls, and bookings daily with no big marketing budget. Now it’s high time for the hostel/mess business industry to transform rapidly into digital mode. As a professor, she has taught thousands of students and observed that this is a big problem for the students they are facing in day-to-day life. Searchmyhostel brings massive changes in a student’s or a traveller’s life as well as in Hostel/Mess business industry.

    Wondering how to list your hostel/PG/mess business in searchmyhostel.com and manage your listing? Before you can log into searchmyhostel.com, you need to create an account, create a listing and manage your listing on the go.

    Register now – www.searchmyhostel.com

    If you have any objection to this press release content, kindly contact pr.error.rectification[at]gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Elanpro Launches its Brand Mascot

    Elanpro Launches its Brand Mascot

    Announces foray into Nepal and Bhutan

    Plans to reach 1500 selling points by 2025

    New Delhi, September 9: Emphasising on consolidation, ELANPRO, India’s leading commercial refrigeration company, recently unveiled its mascot – FROZO. The new brand mascot amalgamates the company’s latest acquisitions and evolution as a holistic B2B solutions provider under a single identity. In sync with its foray into Nepal and Bhutan, the company envisages enhancing brand connect with this step.

    An expert who is reliable, up-to-date and helpful, Elanpro’s brand mascot – Frozo, is a polar bear in the brand’s colour scheme of white & blue.  Frozo will debut as a chatbot on the company’s website. The new brand mascot will strengthen the company’s after-sales experience by responding to queries and challenges pertaining to commercial refrigeration products. Frozo’s name was selected by 40,000 fans who joined the ‘Name the Mascot’ campaign on the company’s social media page last month.

    Speaking about the mascot, MR. SANJAY JAIN, DIRECTOR, ELANPRO, said, “For over a decade, we have made customer satisfaction our prime objective. We feel now is the best time to launch our brand mascot as it will help create a connect with the existing and new markets. We expect Frozo to bring a comprehensive familiarity to Elanpro.”

    The company will pump in 10% of its annual revenues to capture a 30 million market in Nepal and 15 million in Bhutan by 2023. ELANPRO’s foray into these markets succeeds distribution set-up of the recently acquired cold storage brand – I Cold in Saudi Arabia. Further expansion plans of the company will be subject to the macro-economic and market condition.

    ELANPRO has recorded a 49.8% growth in the first eight months of 2022. The new brand identity is expected to further increase the purchase intent. With over 700 selling points in the country, the company plans to double its reach by 2025.

    Enhancing its regional footprint, the company recently opened Experience Centers in Hyderabad, Chennai, Vishakhapatnam and Kochi. Elanpro plans to continue its local growth route by adding 50 more experience centers in the next three years.

    Established in 2009, Elanpro is an organization focusing on commercial refrigeration & food-service products in India. An organization trusted by the largest names in the Hospitality, Retail and Pharma Industry, the company has a network of almost 700 channel partners in Key districts of India. Headquartered in Gurugram, the company has its corporate office in Bangalore.

    Elanpro offers an international range of refrigeration and food-service solutions for hotels, restaurants, bars, coffee shops, ice cream & beverages, food retail and the healthcare segments.

    Link for the website: https://elanpro.net/

    If you have any objection to this press release content, kindly contact pr.error.rectification[at]gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • ESR appoints Arwade Infrastructure Ltd. as Design and Build Partner for its 1st Urban Distribution Centre in Delhi

    ESR appoints Arwade Infrastructure Ltd. as Design and Build Partner for its 1st Urban Distribution Centre in Delhi

    New Delhi, September 9: Arwade Infrastructure Limited, India’s pioneer Design & Build Company, is set to add another landmark development to its portfolio by constructing ESR’s first Urban Distribution Centre in Delhi. This project will amplify in-city distribution in Delhi with much-needed Grade A infrastructure to support quick commerce activities in densely populated catchment areas of Rohini, Shalimar Bagh, Pitampura, Ashok Vihar and Model Town.

    ESR chose Arwade Infrastructure Limited as the project’s construction partner because of the company’s in-depth technical expertise, local land development knowledge, and significant experience in establishing greenfield and complex brownfield projects in line with global safety and quality standards.

    At the project’s ground-breaking ceremony, Mr Nitin Arwade, Managing Director, Arwade Infrastructure Ltd., said, “We are honoured to be partners to ESR for their first Urban Distribution Centre in India. ESR successfully developed multi-storey logistics facilities and distribution centres in the Asia Pacific region. We wish to implement their international learnings in the Indian market. Adoption of quick commerce significantly increased during the pandemic, and there is an immediate need for compliant infrastructure to support this demand. Our proficient and dedicated team will bring forth best-in-class development expertise. We believe the backbone of our economic growth is quality infrastructure, and we are proud to be a part of India’s growth story.”

    At the occasion, Mr Abhijit Malkani, CEO, ESR India, stated, “We are thrilled to launch our first in-city distribution site in Delhi to support the growing need for Grade A infrastructure in urban areas. India’s digital economy has fuelled the rapid growth of quick commerce. However, the availability of compliant facilities within cities remains a challenge. We want to address this gap in the market by developing our first multilevel urban distribution centre in Delhi and soon expand to other key metros.”

    ESR’s Urban Distribution Centre will be IGBC (Indian Green Building Certified) to deliver on ESR’s commitment to the environment.

    About Arwade Infrastructure Ltd.

    Arwade Infrastructure Limited is an Award-Winning EPC / Design & Build Company setting up Large Industrial / Warehousing Complexes & Institutional Projects across India. The company is a Preferred Partner to many Global & Indian conglomerates setting up Green Field & Complex Brown Field Projects with Global Safety & Quality Standards.

    About ESR

    ESR is APAC’s largest real asset manager powered by the New Economy and the third largest listed real estate investment manager globally. With US$140.2 billion in total assets under management (AUM), our fully integrated development and investment management platform extends across key APAC markets, including China, Japan, South Korea, Australia, Singapore, India, New Zealand, and Southeast Asia, representing over 95% of GDP in APAC, and includes an expanding presence in Europe and the U.S. We provide a diverse range of real asset investment solutions and New Economy real estate development opportunities across our private funds business, which allow capital partners and customers to capitalize on the most significant secular trends in APAC. ESR is the largest sponsor and manager of REITs in APAC, with a total AUM of US$45 billion. Our purpose – Space and Investment Solutions for a Sustainable Future – drives us to manage sustainably and impactfully, and we consider the environment and the communities in which we operate as key stakeholders of our business. Listed on the Main Board of The Stock Exchange of Hong Kong, ESR is a constituent of the FTSE Global Equity Index Series (Large Cap), Hang Seng Composite Index and MSCI Hong Kong Index. More information is available at www.esr.com and www.in.esr.com.

    If you have any objection to this press release content, kindly contact pr.error.rectification[at]gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Health Minister Rushikesh Patel inaugurates cardiology, IVF and high risk Obst units at Care and Cure Hospital

    Health Minister Rushikesh Patel inaugurates cardiology, IVF and high risk Obst units at Care and Cure Hospital

    The 100-bed multi-speciality hospital in Maninagar has added cardiology, IVF, and high-risk obstetrics units.

    Ahmedabad, September 9: Care and Cure Multi-speciality Hospital, the 100-bed multi-speciality hospital in Maninagar, Ahmedabad, has expanded its services by adding cardiology, In Vitro Fertilisation (IVF) and high risk Obst. units.

    The new state-of-the-art cardiology, IVF, and high-risk Obstetrics unit at Care and Cure Multi-speciality Hospital were inaugurated by Gujarat’s Health Minister Rushikesh Patel on Friday. He was also given a tour of the new units and apprised about the facilities available.

    “I congratulate the team of Care and Cure Multi-speciality Hospital for launching these new units. Under the leadership of Prime Minister Narendra Modi, quality healthcare has been made available and accessible to the poorest of the poor under the PM-JAY scheme. The thin line between government, private, and multi-speciality hospitals is being erased,” he said.

    The new cardiology unit is equipped with amenities provided with Siemens-Artis One cath lab, GE’s 2D echo machine, and a cardiac critical care unit. The team has an experience in more than 50,000 cardiac procedures. The new high-risk Obstetrics Unit is the first unit of its kind in Maninagar. It will provide services such as infertility treatment, high-end laparoscopic surgery, genetic counselling, advanced stem cell therapy, and others.

    “We have been serving the people of Ahmedabad for the past year and have become the trusted healthcare partner for many patients. We are overjoyed to add cardiology, IVF, and high-risk Obstetrics units to our hospital, which are a big addition to our existing services and will allow us to provide world-class medical care in these fields. We are also pleased to welcome highly experienced and accomplished doctors to the Care and Cure family,” said Dr. Paresh Shah, Director, Care and Cure Multi-speciality Hospital.

    Care and Cure Multi-speciality Hospital provides high-quality treatments related to trauma care, emergency and critical care, orthopaedic, joint replacement, spine surgery, neurosurgery, plastic surgery, gastro surgery, nephrology, urology, medicine, paediatric surgery, physiotherapy, dentistry, etc. It is equipped with an ultramodern modular operation theatre, ICU on wheels, and other services.

    The hospital provides diagnostic facilities such as angiography, angioplasty, 2D echo, TMT, sonography, X-ray, pathology, and uroflowmetry. The hospital also provides a cashless facility and is empanelled under the Pradhan Mantri Jan Arogya Yojana (PM-JAY).

    If you have any objection to this press release content, kindly contact pr.error.rectification[at]gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.