Month: March 2024

General Elections – Will the Housing Market Create Another Peak in 2024?

Vijay Raman

In general election year 2014, the housing market created a peak with approx. 3.45 lakh units sold & 5.45 lakh new units launched across the top 7 cities Election year 2019 brought another peak post sector slowdown from 2015 onwards due to structural changes like DeMo, RERA, and GST etc. – approx. 2.61 lakh units sold & 2.37 lakh units launched in top 7 cities Decisive election result in 2014 & 2019 boosted homebuyer sentiment  All signs currently favour 2024 seeing another peak with key real estate regulations in place, strong GDP growth predictions,…

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Manta Marine Technologies signs 400th contract for FuelOpt™

Vijay Raman

With propulsion optimization technology FuelOpt™ soon to be installed onboard 400 vessels worldwide, Manta Marine Technologies (MMT) leads the way in supporting shipowners and operators with proven real-time fuel savings and emission reductions. Manta Marine Technologies (MMT) has secured its fourth hundredth vessel contract for its industry-leading automated propulsion optimization technology system, FuelOpt™. The latest contract is subscription-based and was signed in February 2024 between MMT and J.J. Ugland for an installation onboard their 60,000 DWT bulk carrier, the M.V. Jorita. Richard Engelhart Bjercke, Chief Commercial Officer at Manta Marine…

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NMIMS SAMSOE’s M.Sc. in Economics: A Specialised Programme in Economics Education and a Pathway to Flourishing Career Opportunities

Vijay Raman

In a world characterised by dynamic economic challenges, students are recognising the significance of a specialised education in economics to navigate and contribute meaningfully to global economic trends. Students looking for an advanced understanding of the diverse field of Economics may now pursue the Master of Science (M.Sc.) in Economics offered by NMIMS Deemed-to-be-University’s Sarla Anil Modi School of Economics (SAMSOE). Admissions are now open for the two-year programme, which equips students with the analytical tools and insights necessary for a nuanced understanding of the complex subject of economics. [NS1] …

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Induction of helicopter unit at Air Force Station Thanjavur

Vijay Raman

Southern Air Command (SAC) was established in July 1984 in response to certain geopolitical developments to ensure effective command and control over Indian Air Force assets and combat forces in the event of evolving threats in the Indian Ocean region. To facilitate quick deployment. In a recent redeployment of IAF assets, a helicopter unit was inducted at Air Force Station Thanjavur on 19 Mar 24. Air Marshal B Manikantan AVSM VM, AOC-in-C SAC was present during the induction ceremony. The induction of the helicopter unit at Thanjavur will enhance operational capabilities as…

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First test of 1500 horse power engine in Mysuru

Vijay Raman

The first test of India's first indigenous 1500 horse power (HP) engine for main battle tanks was conducted in Mysore, Karnataka on Wednesday. Defense Secretary Giridhar Aramane presided over the test-firing conducted at BEML's engine division in Mysuru and said it was “a transformative moment that will enhance the capabilities of the armed forces”. The 1500 HP engine represents a new evolution in the Army's propulsion systems, incorporating several state-of-the-art features such as high power-to-weight ratio, ability to operate in harsh conditions including high altitudes, sub-zero temperatures and deserts. Are. Equipped with…

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City Doctor Performs a Rare Surgery, Delivering a Healthy Baby and Removing a Large Fibroid from the Uterus

Vijay Raman

In a remarkable feat of medical expertise, Dr.Sumiti Mehta, Consultant Obstetrician and Gynaecologist at CK Birla Hospital, Gurgaon, successfully performed a rare cesarean section on a pregnant woman with a large fibroid in her uterus. The surgery resulted in the safe delivery of a healthy 2.7 kg baby and the removal of a 1.3 kg fibroid. Fibroids are non-cancerous growths that can develop in the uterus and are known to cause complications during pregnancy, including miscarriage, preterm labor, and postpartum hemorrhage. In this case, the patient had a particularly large…

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Aster’s India and GCC business separation and proposed investment by Fajr Capital-led consortium nearing completion [Business]

Vijay Raman

·         In November 2023, Aster DM Healthcare Limited announced its plan to sell the shares held by Affinity Holdings Pvt Ltd (“Company”), a wholly owned subsidiary of the Company in Aster DM Healthcare FZC to Alpha GCC Holdings Limited (“Transaction”). ·         The plan essentially was to separate Aster’s India and GCC businesses to unlock long-term value, with a Fajr Capital-led consortium to acquire a 65% stake in the Company’s GCC business. The separation plan is now nearing completion, with key regulatory approvals (including approval from Saudi Arabia’s General Authority for…

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ZEISS Elevates Healthcare Standards in West Bengal with Revolutionary Medical Devices and Workflows for Eye-Care segment

Vijay Raman

~ Displayed latest medical technology, AI-driven advancements, and workflows for the Indian eye-care professionals~ Medical Technology Division of Carl Zeiss India (Bangalore) Pvt. Ltd., a global leader in optical and optoelectronic technology, was among the frontrunners at the recently held 82nd Annual Conference of the All-India Ophthalmological Society (AIOC) in Kolkata. The event hosted over 8000 delegates, including 1000 from neighboring nations, and was a key event in the ophthalmology calendar, fostering innovation, collaboration, and professional growth. At AIOC 2024, ZEISS showcased its cutting-edge advancements in eye care technology, standing…

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Printed Electronics Converge: 3 Key Insights from IDTechEx at LOPEC 2024

Vijay Raman

Author: Dr Jack Howley, Technology Analyst at IDTechEx   In March, the printed electronics industry flocked to Munich once again for the LOPEC 2024 conference and exhibition. Featured were some of the latest printed electronics technologies addressing global mega-trends such as vehicle electrification, healthcare personalization, industry 4.0, and sustainability.   With over 170 companies present and over 250 conference talks, there was a lot to digest. Here are three things IDTechEx learned at this year’s conference. Source: IDTechEx analyst at LOPEC 2024. Electrification is opening the door to greater printed electronic integration in…

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Danish Car Subscription Service Expands in Europe with New Franchisee

Vijay Raman

:Dribe, one of Denmark’s leading car subscription services, has entered a franchise agreement with Greek car distributor Kosmocar. The partnership marks the first milestone in :Dribe’s international expansion, driven by an ambition to fulfill a global demand for a strong, digitally driven concept for simple and flexible car access.   As a first in Europe, the Greek car distributor Kosmocar enters a franchise partnership with :Dribe, a Danish tech innovator within car subscription services for private consumers and businesses. Kosmocar is now unveiling :Dribe’s concept and digital platform, enabling simple…

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