Month: September 2022

Refex Industries Limited (Refex), a company listed on NSE & BSE and working as a part of Refex Group, recently announced to give employee stock option plan (ESOP) which would be vested within the next 5 years. Refex had announced the ESOPs’ distribution for all eligible employees in the first tranche, on account of healthy growth.

 

“This scheme was started with 20,00,000 options that were set aside for employees, of which 7,00,009 Equity Shares were granted in the first tranche to some of the employees,” said Anil Jain, MD of Refex.

 

Refex is a diversified business involved in the area of Coal and Ash handling, Power Trading, Solar power generation and Refrigerant Gases’ manufacturing and re-filling. It is a pioneer in environmentally acceptable refrigerant gases.

 

The distribution of such ESOPs has been made inclusive and includes employees across all ranks and levels of Refex.

 

“The past 20 years have been a remarkable journey where we have been able to establish ourselves as a strong player in our business verticals. We have also been able to expand our business verticals over the years. This grant of ESOP will further motivate the employees and we will together work harder in our endeavor to scale newer heights as Refex,” concludes Anil Jain, MD of Refex.

 

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(Disclaimer: The above press release comes to you under an arrangement with NewsVoir India and this publication takes no editorial responsibility for the same)

Private 5G trials are underway in India enabling digital transformation of enterprises with the power of 5G

MUMBAI, India, Sept. 29, 2022 /PRNewswire/ — Tata Communications, a global digital ecosystem enabler, today launches a dedicated Private 5G Global Centre of Excellence (CoE) in Pune, India to accelerate Industry 4.0 applications and capabilities for enterprises. This new CoE is an agile, secure and indoor facility to test and trial industry use cases. Tata Communications has developed use cases across automotive, metals and mining, airports and seaports, manufacturing, logistics and healthcare sectors. The Company will be well positioned to enable and empower global enterprises to seamlessly progress into the hyperconnected world.

With trials underway, Tata Communications will be able to demonstrate private 5G use cases such as automated quality inspection of equipment using video and image analytics, inventory management and asset tracking, warehouse theft detection, AR/VR-based remote worker collaboration, and video-powered retail purchase, to name a few. The Company is following robust measures, including Interoperability tests to assess compatibility of the Company's private network with different devices and, rigorous monitoring and testing to ensure stable connectivity throughout the test duration at the CoE.

Speaking on the occasion, Mysore Madhusudhan, Executive Vice President, Collaboration and Connected Solutions, Tata Communications, said, “5G has the transformative power to be a game changer for all. We are encouraged and excited about leveraging this technology to enable the future of enterprises and economies. Early test results in our Global Centre of Excellence have proved to be very positive providing an evolutionary path towards Industry 4.0 scenarios to varied industries. We believe this Centre is well poised to empower enterprises for a hyperconnected tomorrow.”

As outlined in '5G the 5M way', Tata Communications envisions the 5G era to focus on automating the interplay between Man-Machine-Material-Method-Market to enable a holistic ecosystem. This ecosystem will enable enterprises to achieve business goals, unlock new revenue sources, business models and have the ability to address new markets through secure and digital experiences.

In addition, Tata Communications already has two Centres of Excellence (CoEs) in Delhi and Mumbai, India engaged in designing, building and demonstrating multiple Internet of Things (IoT) use cases. Here, the Company has successfully showcased several use cases of smart streetlights, connected workers, smart utility meters for water, gas and energy, asset tracking, and temperature and humidity sensors, to name a few.

Tata Communications is on a mission to empower digital enterprises across industries as well as smart cities with end-to-end connected solutions. For more information, please visit www.tatacommunications.com.

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same)

With this expansion Athulya is currently one of India’s largest assisted living with a total of 500 beds

Athulya Senior Care, one of India’s largest exclusive senior care providers in assisted living and home healthcare services today announced its launch of the new assisted living facility in Bengaluru on Hosa Road near the electronic city.
 

Athulya’s Assisted Living Services include:

• Geriatric Assistance by professional caregivers and skilled nursing staff

• 24/7 clinical assistance and security protection

• Comfortable clinical bed and medical facilities in a home-type setting

• Conventional Rental Short and Long stays

• Customizable and balanced diet

• Housing and Laundry services
   

The 150 bedded premium assisted living facility was inaugurated in the presence of Dr. DV Guru Prasad, Ex. DGP of Karnataka. The new facility is deemed to be the first-of-its-kind premium, tech-enabled facility that will be known for providing premium assisted living services for senior citizens in Bengaluru. 
 

Athulya Senior Care ensures that the elderly live a dignified life with world-class services and assistance from professionals. Assisted Living, a new-age housing concept is one of the services provided by Athulya. They have been catering to the needs of the senior community for nearly a decade now. With an astounding experience in Chennai, Athulya has now opened their first Assisted living facility in Bengaluru. Unlike senior-living apartments, retirement homes, and old-age homes, assisted living promotes a healthy and holistic living experience for the elderly coupled with privacy in a safe and secure environment. 
 

Athulya Assisted Living is committed to assist the elders to carry out their everyday activities, routine self-management, and added healthcare support in a home-like setting. Standing true to the meaning of Athulya’s name, ‘Unique’, we provide unique services tailored to benefit the silver community. With the installation of grab rails, non-slippery and water absorbent toilet floors, flooring with soft material, and other geriatric accessories, our facility in Bengaluru is designed to suit the needs of the aged people. 
 

Old age should be celebrated. To live up to this quote, we make sure each day at Athulya is celebrated by our residents. Fun activities and engagements are planned for the elderly in a way that promotes their overall well-being of the elderly. Our services include skilled nursing, palliative care, and transition care provided by the best set of medical teams. 
 

Speaking about this phase of expansion of Athulya’s service in Bengaluru, Mr. G. Srinivasan, CEO, and Founder of Athulya Senior Care said, “Bengaluru is an ideal location for senior living, and we are excited to enter the city with our exclusive offering. The city which is among the fastest growing IT hub is constantly evolving to stay on par with global standards of technological development. Amidst this busy development drive, the elderly might often feel detached and left out. They also carry the burden of physical, emotional, and mental illness with them as they age. This is where Athulya Senior Care can bring a change in their life. Through the idea of Assisted Living, we will be fulfilling our vision and mission of providing comfort and care to the elderly, this includes both personal and medical assistance.”

 

“We have already been well-recognized and appreciated for our services in Chennai and this expansion gives us the opportunity to provide the same here in Bangalore. This is a major milestone, however, not the last one as Athulya’s entry into Bengaluru is a step towards creating a robust elder care ecosystem in the country for about 500 thousand senior citizens,” added Mr. G. Srinivasan.

 

Speaking on the occasion, Dr. Karthik Narayan R, Founder of Athulya Senior Care said, “Growing old is the most beautiful part of life. It should be celebrated and that is what we do at Athulya. We celebrate seniorhood with impeccable services and comprehensive care they deserve. After serving in Chennai for nearly a decade, we are elated to set our mark in Namma Bengaluru. We believe the blessings of our seniors and our motto to make a difference in senior lives have bought us here today. We wish to continue to give our best in the geriatric care sector. Our assisted living facility is built to provide a home-like environment and is specially designed to make the infrastructure senior-friendly. Athulya will strive to satisfy the needs of the rapidly growing silver community and help them live each day – safe, healthy, and happy.”
 

With this expansion in Bengaluru, one of the prominent cities for senior living in India, Athulya now is present in 2 states and has a total number of 5 facilities and is aiming at providing assistance to the elderly, a population expected to reach 319 million by 2050.

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Acquisition strengthens Torrent Pharma’s presence in the fast growing dermatology segment

 

 

Torrent Pharmaceuticals Limited (Torrent Pharma) has entered into definitive agreements to acquire 100% of Curatio Healthcare (I) Private Limited (Curatio) for Rs. 2,000 crores. The consideration includes Rs. 115 crores (on the date of signing) of cash and cash equivalents in the acquired business indicating an Enterprise Value of Rs. 1,885 crores.

 

Curatio has a strong presence in the cosmetic dermatology segment with a portfolio of over 50 brands, marketed in India. Curatio’s portfolio consists of leading brands such as Tedibar, Atogla, Spoo, B4 Nappi, and Permite, which are ranked amongst top 5 brands in their covered market. Top ten brands of Curatio account for ~75% of total revenue. With this acquisition, Torrent Pharma will add a Field Force of 600 MRs and a distribution network of 900 stockists.

 

Curatio’s reported revenue for FY21-22 was Rs 224 Crores. With YTD August sales up 25%, Curatio is expected to cross Rs. 275 crores revenue in FY23. Dermatology accounts for 82% of Curatio’s revenue. Within dermatology, cosmetic dermatology is a leading contributor. Over the last decade, cosmetic dermatology as a therapy has delivered an 18% CAGR which is 1.6x of the IPM CAGR. With this deal, Torrent Pharma will enter the league of top 10 players in the dermatology segment and will be the leader in the cosmetic dermatology space. 

 

Commenting on the acquisition, Aman Mehta, Director said “We are delighted to enter into this deal with Curatio. The acquisition offers Torrent the opportunity to enhance its presence in dermatology with a differentiated portfolio and is a strong strategic fit. Curatio has built a commendable set of high market share brands in cosmetic and pediatric dermatology that we look forward to adding to our product offerings.”

 

Sequoia, ChrysCapital and the Promotors of Curatio mentioned, “Over the last fifteen years, Curatio has built a strong portfolio of differentiated products in the derma segment that are very well received by doctors and patients. We believe Torrent is best suited to further catapult the business which we have built.”

 

The transaction is subject to conditions precedent and is expected to close within one month.

 

Torrent Pharma will host a teleconference call on 27^th September 2022 at 07:30 pm IST to discuss the acquisition. The dial-in number to participate on this call is available on the website of the stock exchanges i.e. BSE and NSE and also on the website of the Company i.e. www.torrentpharma.com. 

• The global network of leading creative studios will focus on the creation of Feature Film, Episodic, Gaming and Advertising content 

• Technicolor Creative Studios is the home of award-winning global VFX, Animation and Gaming studios MPC, The Mill, Mikros Animation and Technicolor Games 

 

Technicolor Creative Studios (Euronext Paris: TCHCS) – previously a division of Technicolor SA, announced its listing as a standalone company today, following the planned distribution of 65% of its shares to Technicolor shareholders and concurrent listing on Euronext Paris. 

 

As of 9am CET on Tuesday, September 27^th, Technicolor Creative Studios will trade publicly under TCHCS on Euronext Paris. Going forward, Technicolor, comprised of the Connected Home and Vantiva Supply Chain Services divisions, will remain listed on Euronext Paris under its new name of Vantiva and the leadership of its new CEO, Luis Martinez-Amago.

 

Founded in 1915, Technicolor led the film industry with the world’s first exploration of full color and sound Motion pictures, developing a series of innovative color film processes in the early 20^th century. The creative technology brand later acquired leading VFX studios MPC, The Mill and Mikros Animation in addition to establishing Technicolor Games. These four studios now operate under the new brand name, Technicolor Creative Studios, to focus on growth in the entertainment and advertising markets.

 

Technicolor Creative Studios has a rich legacy for innovation in the entertainment and advertising industries. Major projects include Academy Award Winning features, Gladiator, 1917, The Jungle Book and Life of Pi, as well as recent blockbusters Ghostbusters: Afterlife, Nope and Disney’s new live-action iteration of Pinocchio. The company’s animation division is credited with the world’s most recognizable animation IP (Intellectual Property) including SpongeBob SquarePants and Teenage Mutant Ninja Turtles. The Advertising and brand experience studio The Mill, has earned over 500 awards & accolades across its 30-year history in brand marketing, consistently producing work for the world’s most notable brands from iconic Super Bowl commercials to globally renowned campaigns.

 

Technicolor Creative Studios CEO Christian Roberton will be joined by an executive committee of seasoned industry professionals leading the business, including studio Presidents Tom Williams, Josh Mandel, Andrea Miloro and Jeaneane Falkler. Additional executive committee appointees include Laurent Carozzi as CFO, Niki Steel as Chief People Office, Mark Hardy as CMO, Nathan Wappet as COO, and Biren Ghose as Country Head, India.

 

Already one of the world’s largest visual arts providers, Technicolor Creative Studios’ ambition is to become the first-choice production partner for the world’s most successful entertainment companies and brands. Each studio in the network will be powered by shared technologies, creative talent, R&D, and investment in future platforms. The studios have the structural power to provide clients content solutions across their IP journey, from film development to in-game assets and marketing materials. The primary goal of the new Technicolor Creative Studios structure is to provide each of its subsidiary brands and their respective clients with the infrastructure needed to consistently deliver the best creative output.

 

Technicolor Creative Studios is home to 11,700+ employees across 11 countries, with plans to continue growing into 2023 to meet market demand across all its verticals. 

 

The new structure and collaborative vision will be cemented further with a Technicolor Creative Studios campus opening this year in Los Angeles Culver City, which will host all studio brands under one roof, with the addition of a bespoke Virtual Production stage and Creators Hub.

 

By being fully independent, Technicolor Creative Studios is taking a strategic step to extend its leadership and expand into new and scalable markets, capitalizing on the burgeoning global demand for VFX and animated content.

 

Christian Roberton, CEO of Technicolor Creative Studios comments, “My ambition is to build the world’s most successful visual arts company. We believe our legacy for innovation and creativity is our foundation for the future, and the success of our studios will rely on continued investment in cutting-edge technology, the world’s best talent and our ongoing relationships with major entertainment studios and brands. The next chapter as an independent company will be pivotal in our growth and evolution.” 

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(Disclaimer: The above press release comes to you under an arrangement with NewsVoir India and this publication takes no editorial responsibility for the same)

NASHIK, India, Sept. 27, 2022 /PRNewswire/ — PDRL believes learning is the source of human progress. Learning has the power to transform and grow to redefine what's impossible. Looking at the rapidly growing Drone Industry the world is witnessing a major transformation. The World is soon going to witness the sky full of drones. This transformation would demand a large pool of skilled professionals to fly multiple drones decorating the skyline and serving various applications. Supporting the present and future job opportunities, PDRL has considerately designed Certification Program with its finest technology stack, AeroMegh. AeroMegh stands out and is highly recommended because of its capability of excellently fulfilling the requirement of Enterprise. It is a unified and independent platform to learn and establish skills in the drone ecosystem. AeroMegh has been used by many established brands and thousands of users across the globe. Its products have been recently listed in Microsoft Azure Marketplace for its next level potential.

From being just a toy for the kids to play, to being an essential part in countless crucial operations in different professional sectors, the drone has proved its mettle in the world. The rapid expansion of drone Industry comes with no surprise that drones are the absolute tomorrow. Be it defence, delivery of goods or medicines, construction monitoring, entertainment purpose, agriculture spraying, surveying and mapping an area, drones have proved to be a beneficial part in the uniform fashion for professionals in varying fields of work. Every industry has a reliance on drones to perform multiple missions. This is a transformation from traditional ways to technology.

The Flourishing Industry demands for a reliable platform to deliver a seamless experience while performing the multiple missions in different domains. One such unified platform is AeroMegh – Drone Data Analytics. AeroMegh Transforms Drone Data into Actionable Insights seamlessly and securely. AeroMegh has three products that deliver end-to-end drone technology stack. Fly and capture with AeroGCS KEA , excellent Photogrammetry solutions with DroneNaksha , drone data analytics with PicStork . It's a complete Technology stack that enables to deliver an ultimate experience.

PDRL aims to deliver an excellent technology to the future Drone Professionals with the mission of maximizing performance outcome. Learning and establishing skills with upgraded technology sets an ultimate example. Certification of Excellence from PDRL will add superior values to the candidates' profile and open doors to multiple job opportunities worldwide. As Respected Prime Minister Narendra Modi Ji said in a drone event held in Delhi May 2022, “Every person should have a smart phone and every field should have a drone”. Summing up, PDRL Certification Program is a well-defined contribution to make India a Global Drone Hub by 2030.

PDRL Certification Program has three Unique Certifications:

1.  PDRL Certified Drone Professional (PCDP)

2.  PDRL Certified Drone Solution Expert (PCDSE)

3.  PDRL Certified Drone Solution Architect (PCDSA)

The early bird registration for the Certification Program is open since past one week and the program is witnessing massive registrations. It's a pleasure to be able to make a difference in this massive drone Industry and mold candidates careers' by giving it wings to take-off to greater heights.

(Disclaimer: The above press release comes to you under an arrangement with  PRNewswire India and this publication takes no editorial responsibility for the same)

• Aster Guardians Global Nursing Award is one of the world’s top awards in nursing with the highest prize money

• The first edition was held in Dubai on International Nurses Day in May 2022 which saw Nurse Anna Qabale Duba from Kenya win the award

• Nurses from around the world can submit their nominations via www.asterguardians.com by November 30,2022

• Registered nurses can apply in any of the seven Languages – English, Mandarin, Hindi, Spanish, French, Arabic or Tagalog

 

In its continued efforts to recognize the contribution of nurses to mankind and to the healthcare community, Aster DM Healthcare has announced the next edition of the Aster Guardians Global Nursing Award. The award invites registered nurses from across the world to apply for the award by submitting nomination of their work on the mentioned site directly. Registered nurses can now start applying in their preferred language – English, Mandarin, Hindi, Spanish, French, Arabic or Tagalog via www.asterguardians.com by November 30, 2022.

 

Aster Guardians has opened its nominations for the 2022 Global Nursing Award

 

Nurses can apply in one Primary and up to two Secondary areas of contribution, namely – Patient Care, Nursing Leadership, Nursing Education, Social or Community service and Research or Innovation. The secondary areas of contribution can be optional.

 

Once the applications are received, it will follow a stringent multi-round review process to be managed by a third-party external agency and an independent jury. Aster has appointed Ernst & Young LLP (EY) as ‘Process Advisors’ who would ensure due-diligence of applications based on the defined eligibility criteria, evaluation of the entries by an independent panel of experts, and present a list of shortlisted candidates to the Grand Jury. The Grand Jury, consisting of an independent panel of renowned experts will review the shortlisted applications to select the final top 10 nurses. These finalists will then undergo a public voting process and panel discussion with the Grand Jury for the final winner to be determined.

 

“After the success of the first edition of Aster Guardians Global Nursing Award which saw 24,000 applications coming in from 184 countries, we are going forward with the next edition of the award. I feel that nurses who form the backbone of the healthcare system are under-recognized while they are also overworked and over stressed. While doctors may be the brain of the healthcare system, I feel nurses must receive their due recognition,” said Dr. Azad Moopen, Founder Chairman and Managing Director of Aster DM Healthcare.

 

Nurse Anna Qabale Duba from Kenya who was named the winner of the $250,000 Award is now utilizing the opportunity to build a school for children and adult learning in the remote village of Turbi in Kenya. Hailing from the same village she plans to bridge the literacy gap among nomadic rural communities in North Kenya.

 

To know more, please visit: www.asterguardians.com.

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(Disclaimer: The above press release comes to you under an arrangement with NewsVoir India and this publication takes no editorial responsibility for the same)