Month: December 2023

Durex The Birds and Bees Talk Continues its partnership as the Official Health and Hygiene Partner at the 24th Hornbill Festival

Newsdeck

Durex The Birds and Bees Talk (TBBT) is delighted to be the health and hygiene partner at the 24th Edition of The Hornbill Festival, building on the success of the previous year’s collaboration. As Health Partners during the 23rd Hornbill Festival, Durex TBBT made significant strides in connecting with communities through culture and sports, impacting the lives of millions of individuals. The festival’s opening ceremony on December 1, 2023, was graced by the esteemed presence of dignitaries, including the Chief Guests of the festival. The inauguration was conducted by the Governor of…

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Office Rental Values Rise 7% Y-o-Y in Top 7 Cities Despite Tepid Leasing in H1 FY24

Vijay Raman

  In H1 FY2024, Grade A office space rental value across the top 7 cities averaged at INR 83/Sf/Mo – up from avg. of INR 77.5/Sf/Mo in the corresponding period in FY23  Chennai witnessed the highest 10% yearly increase in avg. office rental value, followed by Hyderabad with an 8% yearly growth Bengaluru, Pune & Kolkata saw 7% annual growth each; realty hotspots MMR & NCR registered 5% jump in rental values     Avg. office vacancy levels rose by 0.95% – from 15.9% in H1 FY23 to 16.85% in H1 FY24; Pune has lowest…

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Copper Property CTL Pass Through Trust Issues Monthly Reporting Package for November 2023

Vijay Raman

Copper Property CTL Pass Through Trust (“the Trust”) has filed a Form 8-K containing its monthly report for the period ended November 30, 2023. An aggregate total distribution of $7.8 million or $0.103712 per trust certificate will be paid on December 11, 2023, to certificateholders of record as of December 8, 2023. Additional information, including the Trust’s Monthly and Quarterly Reports, as well as other filings with the Securities and Exchange Commission (“SEC”) can be accessed via the Trust’s website at www.ctltrust.net.

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Indian Govt working on small nuclear reactors for clean energy transition

Vijay Raman

The Government today informed that it is working on new technologies such as Small Nuclear Reactors to make clean energy transition.   In a written reply to a question in the Lok Sabha today, Union Minister of State (Independent Charge) Science & Technology; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh said, nuclear power is considered as one of the most promising clean energy options for power generation.    There is a thrust world over for a strategy to use nuclear power that could reduce…

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Wardwizard Foods and Beverages Limited shines at Lakshyavedh Business Jatra 2023,showcasing Innovation, Sustainability and Partnership

Vijay Raman

Wardwizard Foods and Beverages Limited concluded its highly successful participation in the prestigious Lakshyavedh Business Jatra 2023, held on December 1st and 2nd in Thane. Co-sponsored by QuikShef, the event showcased the company's commitment to innovation, sustainability, and forging new partnerships within the food and beverage industry.   Business Jatra, organized by the Lakshyavedh Institute of Leadership and Excellence, provided an immersive platform for industry leaders, entrepreneurs, and stakeholders to celebrate resilience and innovation within the MSME community.   Mrs. Sheetal Bhalerao, Chairperson and Managing Director of Wardwizard Foods and…

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Rapido Captains Join Hands with Local Fishermen in Chennai to Assist with Relief Operations in the Aftermath of Cyclone Michaung

Vijay Raman

In the aftermath of Cyclone Michaug's impact on Chennai and its neighboring districts on December 04th, a team of 45 people comprising of Rapido's city leadership team including 25 captains and 15 local fishermen, have been navigating across the flooded areas in Chennai via boats to help transport 500+ affected individuals to safety. They have also delivered food and dry rations to 300+ stranded residents. Currently, with the help of 5 boats, the team is conducting its relief and rescue operations in the regions of Anna Nagar and Velachery, including…

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Rohde & Schwarz, Applus and Rohde & Schwarz seamlessly integrate eCall testing in EMC test environments

Vijay Raman

Applus and Rohde & Schwarz seamlessly integrate eCall testing in EMC test environments Applus Laboratories and Rohde & Schwarz have successfully showcased the seamless integration of eCall testing in an electromagnetic compatibility (EMC) test environment. The demonstration illustrated different eCall testing scenarios and capabilities in compliance with the UN ECE R10 standard, which regulates automobile-related EMC.  Caption: The functionality of the eCall system was tested with a vehicle in the Applus EMC test hall.As part of the planned update to the UN ECE R10 standard, different eCall testing immunity scenarios had been…

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Lord’s Mark Industries aims to go public in 2024

Vijay Raman

·         It plans to raise up to Rs. 500 crores and invest the proceeds in its subsidiaries to develop medtech products, production of innovative diagnostic solutions, expansion of its pathology lab pan India and exports of its medical diagnostic products and machines.   Lord’s Mark Industries, a diversified business group, has announced that it is aiming to hit the capital markets and go for public listing in the first half of 2024 to raise up to Rs. 500 crores. IDBI Capital and Mirae Asset are the merchant bankersfor the listing.…

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86 airports in India are using green energy

Vijay Raman

Ministry of Civil Aviation (MoCA) has taken initiatives for working towards Carbon neutrality and achieving net zero carbon emission at airports in the country by way of standardising Carbon Accounting and Reporting framework of Indian Airports. For this purpose, airport operators with scheduled operations have been advised to map the carbon emission at their respective airports and to work towards carbon neutrality & net zero emission in a phased manner. MoCA has also advised developers of the upcoming Greenfield Airports and the respective State Governments to work towards achieving Carbon…

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FIRST SHIP OF SURVEY VESSEL (LARGE) SANDHAYAK DELIVERED TO INDIAN NAVY

Vijay Raman

Sandhayak (Yard 3025), the first of four Survey Vessel (Large) ships, being built at Garden Reach Shipbuilders & Engineers (GRSE), Kolkata, was delivered to the Indian Navy on 04 Dec 23. The Contract for four Survey Vessel (Large) was signed on 30 Oct 18.   The SVL ships are designed and built to the rules of Indian Register of Shipping Classification society by M/s Garden Reach Shipbuilders & Engineers (GRSE), Kolkata. The primary role of the ship would be full scale coastal and deep-water Hydrographic Survey of Port/ Harbour approaches…

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