RMPL files Suit against BCCI, GCA, Gujarat Titans, DNA

Preity Zinta's Punjab Kings also in dock for copyright infringement

The Recorded Music Performance Ltd (RMPL)  the sole Copyright Society registered by the Government of India for managing Sound Recordings, has filed a suit for copyright infringement for songs played at the Gujarat Titans games played at Narendra Modi Stadium, in Ahmedabad on behalf of one of its members.

It is to be noted that a police complaint for copyright infringement of a song against Punjab Kings (PBKS) has been filed by RMPL in Mohali near  Chandigarh. A police complaint has also been made in Lucknow against Lucknow Supergiants(LSG).

RMPL despite having served various notices calling upon BCCI, Board of Cricket Control in India, DNA, a Bangalore based company appointed to manage the entertainment by Gujarat Titans for its games, had continued to play songs whose rights were administered by RMPL compelling them to file a suit before the Commercial Court at Gandhinagar against DNA and the Gujarat Titans.

Mr. Sowmya Chowdhury, CEO of RMPL stated that RMPL is on its way to creating a platform in India where all Music Labels registered with RMPL, will get their rightful dues. “We ensure that the users of the music belonging to our members, are provided due information about the Copyright Act well in advance. But if they still choose to ignore and willfully commit a cognizable offense, then we will be forced to take the necessary steps to bring them to the right side of the law.”

Commenting on this further, Chowdhury said, “Various attempts over several weeks by the RMPL team were made to connect with the representatives of the Event Management Company – DNA networks, for paying the license fees for using our music in the IPL matches. But they just plainly chose to ignore our verbal and written communications. Subsequently we even wrote letters to the BCCI (Board of Cricket Control of India), but again, it fell on deaf ears. Finally, we were forced to knock on the doors of the honourable court in Gandhinagar, which ended up giving the verdict in the favour of the Copyright Act of 1957, thereby giving us a well deserved boost for upholding the law of the land.”

He added, “We will take this matter further by filing similar cases pan India level against those who will not take RMPL license and willfully infringe the law of the land.”

Upon service of such summons issued by the Commercial Court at Gandhinagar, DNA & BCCI made a statement before the court that they shall not play the songs mentioned by the Plaintiff as impugning upon the copyright of their members during the upcoming semi finals and final games.

The songs are very popular Gujarati numbers Helo Maro Sanbhaloji and Mara Palavno which were played between overs during at least 6 IPL matches hosted in Gujarat. The Suit is now listed in June. RMPL is advised by and is acting through their advocate Mr. Rohan Lavkumar of Nanavati Associates.

Shri Ashishkumar Chauhan, MD & CEO, NSE honored with Lifetime Achievement award by Global Custodian in Singapore

 

Global Custodian, a leading international publication covering securities services, conferred Shri Ashishkumar Chauhan, MD & CEO, NSE with ‘Lifetime Achievement Award – Leaders in Custody Awards for Asia Pacific’ held in Singapore on May 25th, 2023. This prestigious award recognizes Shri Ashishkumar Chauhan as a visionary business leader, with an outstanding contribution in the Indian securities market, who has been at the helm of both the Indian stock exchanges.  He was a founding team member of National Stock Exchange of India (NSE) and is currently the MD & CEO of NSE.

 

This award ceremony for ‘Leaders in Custody Awards for Asia Pacific’, honor the achievements of securities services, infrastructure and technology providers across the Asia Pacific region, along with Editors’ Choice awards, Innovation awards and coveted individual awards including GC Legend and Industry Person of the Year. Lifetime achievement award is given to a single individual with a track record of huge contribution over a period of many decades.

 

Global Custodian is known for its editorial views of the global securities services industry spanning over the past three decades. Global Custodian publishes quality editorial and its series of annual surveys have become benchmarks for the industry.

Leh: The Ladakh Scouts Regiment Eternal Flame has been conceptualised to pay tribute to the valour and sacrifice of the War Heroes and to commemorate its Diamond Jubilee.

It symbolises the sacrifices of soldiers of Ladakh Scouts who have made the supreme sacrifice in defending the honour of the motherland.

One eternal flame each from Siachen War Memorial, Rezangla War Memorial and Kargil War Memorial will be ignited from the Amar Jawan Jyoti of these War Memorials and all these eternal flames will reach Ladakh Scouts Regimental Centre on June 1, where they will converge into one Eternal Flame and kept at the War Memorial of Ladakh Scouts Regimental Centre.

The three Victory Flames were flagged off on May 25 from Leh by GOC Fire and Fury Corps. These will traverse through the Union Territory of Ladakh to the respective War Memorials and on their return, journey will receive tributes enroute from community members, acknowledging the sacrifices of the brave jawans of Ladakh.

A Guard of Honour will be presented once the three eternal flames reach Ladakh Scouts Regiment Centre and are merged together.

Introducing pTron Zenbuds Pro 1 Max: The Game-Changing Earbuds with Hybrid ANC, Quad Mic, and 80 Hours of Uninterrupted Playtime

l  irresistible launch price of 1499/-

l   Power packed with 80 hours of Playtime for Long Lasting Music and Conversations

pTron, a leading player in the Indian consumer electronics market that has established its leadership position in the TWS category, is proud to announce pTron Zenbuds Pro 1 Max in its latest line of audio products. Engineered with cutting-edge QuietSmart Active Noise Cancellation (ANC) and Environmental Noise Cancellation (ENC) TruTalkTM technologies, pTron Zenbuds Pro 1 Max offers an exceptional audio experience that transcends all boundaries.

pTron Zenbuds Pro 1 Max has been meticulously designed to meet the evolving needs of modern consumers, delivering an immersive and uninterrupted audio experience like never before. Whether you are on a crowded city street, working in a noisy office, or traveling on a bustling airplane, pTron Zenbuds Pro 1 Max is the perfect companion to immerse yourself in your favorite music or focus on important calls.

Powered with QuietSmart Active Noise Cancellation (ANC), the earbuds ensure up to 30dB noise reduction, eliminate external noise, and provide a serene audio environment wherein one can really enjoy music or conversations without distractions from the outside world. Environmental Noise Cancellation (ENC) TruTalkTM technology intelligently filters and reduces background noise during calls, ensuring crystal-clear voice quality for both the speaker and the listener.

Announcing the launch, Mr. Ameen Khwaja, Founder & CEO, pTron said, “Our aim is to enhance the way people experience audio, and the introduction of QuietSmart ANC and ENC TruTalk features in our Zenbuds Pro 1 Max represents a significant step forward towards premiumization. We understand the importance of seamless communication and immersive audio and we believe Zenbuds Pro 1 Max will set a new standard for wireless earbuds.”

Zenbuds come with the most advanced 13mm driver bass boosted drivers to deliver superior sound quality. As one of the industry’s first, the pTron Zenbuds boast an astounding 80 hours of uninterrupted playtime, ensuring you never run out of battery while enjoying music or seamless conversations.

The earbuds also feature the best-in-class 45ms Low latency for audio and video sync and support voice assistant integration, allowing users to easily access their favorite virtual assistants like Siri and Google Assistant. Additionally, these earbuds come with IPX5 water-resistant technology, making them perfect for outdoor activities or workouts. The portable and compact charging case that is equipped with Type C Fast charging allows interrupted access to music & calls.

pTron Zenbuds Pro 1 Max Technical Specifications:

Bluetooth Version

BT v5.3 with 10m range, 1-step pairing & auto-reconnect

Driver size

13mm Dynamic Bass Boost drivers TruTalkTM

Audio Technology

Quietsmart ANC (Active Noise Cancellation Technology) +ENC (Environmental Noise Cancellation Technology)

Playtime

Up to 80 Hours with charging case

Charging Case

600mAh Type-C Charging Case

Product Weight

33g Charging case, 4.5g each earbud

Other Features

Touch Controls with Voice Assistant + IPX5 Water resistant

Low Latency Audio & Video Sync with Stereo & Mono Bud Capability

 

 

Product Link:

·         http://amazon.in/dp/B0BZT4SN8S

·         http://amazon.in/dp/B0BZT3TYZJ

·         http://amazon.in/dp/B0BZT58H51

Improved Q4 results with partial recovery of export demand | Cosmo Ferrites



Improved results with partial recovery of export demand

 

In Rs. Crores

Q4 FY23

Q3 FY23

Q4 FY22

Net Revenue

25.2

23.3

33.4

EBITDA

2.8

1.8

9.4

PBT

0.24

(0.6)

6.6

PAT

0.15

(0.5)

4.9

 

Cosmo Ferrites Limited, a leading manufacturer and exporter of Soft Ferrites and an emerging player in wire wound magnetic components today declared its financial results for the quarter ended March 2023.

 

Enhanced Q4 results vs. Q3 is mainly on the back of some normalization of order flows from Europe which was impacted due to over stocking/recession fears/chip shortages.

 

The new kiln for valued added speciality cores has been commissioned at Q4 end FY 22-23 and should add to revenue/profitability in the coming quarters.

 

Q4 results included Rs. 80 lakhs charge under ‘other expenses’ on account of loss on sale of an old asset. There was also an ‘other income’ of Rs 91 lakhs towards interest and legal expenses recoverable pursuant to an arbitration award.

 

Commenting on Company’s performance Mr. Ambrish Jaipuria, Chairman, Cosmo Ferrites Ltd. said “The Company is working on several medium-term growth prospects particularly in automotive sector and expect customer approvals in FY 23-24 which should lead to margin expansion.”

LPU’s 28 B.Ed Students got prestigious placements


* Highest package received is Rupees 8 lac per annum

* The placement percentage of the appeared students of 2023 batch is about 90%

* “LPU’s education programmes create teachers equipped with 21st century technological skills to impart quality education”: Chancellor Dr Ashok Kumar Mittal

Twenty-eight students of the School of Education at Lovely Professional University (LPU) have successfully got prestigious placements with the highest package of Rs 8 lac per annum. The placement percentage of the appeared students of 2023 batch is about 90 per cent.

Out of a total of 32 graduating students of B.Ed (2 years), and BA/BSc B.Ed (Integrated 4 years) programmes of 2023 batch; 28 of them got coveted placement in prestigious institutions of Metro, NCR and other top cities of Maharashtra, Bihar, Punjab, Uttar Pradesh, Haryana and more, near to their residences. The education graduates have proved their distinct competencies in academic delivery and are thus hired by the premier educational institutions like Delhi Public School (DPS), Cambridge international, Elite Bio-tech, Goenka Public School and more.

Meticulous guidance for the curriculum at LPU School, with special focus on mapped courses, prepared the students well to see their brilliant career success. The preparedness at the LPU was also coupled with the mock exam, interviews and evaluation pattern. LPU students can further apply for all Central/State Government Teaching jobs after getting a CTET certificate.

Informing that LPU’s education programmes create teachers equipped with 21st century technological skills to impart quality education; Chancellor Dr Ashok Mittal congratulated the hard working staff members for preparing career focussed students. Dr Mittal also bade best wishes to the successful students for further seeing much glorified career ahead. In fact, education students are made to undergo rigorous practice of learning and teaching both.

The School of Education endeavours to develop employability skills among students through Personality Enhancement Programs; CTET/STET mapped curriculum (last year 90% graduates cracked CTET 2022 in their first attempt); CV vetting; demo lessons; mock interviews; community/live projects; development of e-learning material, video lessons; action research; case studies; guest lectures and workshops through potential recruiters, industry experts and more. As such, LPU’s education students are prepared for different profiles, including subject experts, online teachers, educational consultants, content writers for Edu-Tech companies and more.

The education programmes at LPU are integrated (BA/BSC B.Ed; & B.Ed-M.Ed) and separate B.Ed, M.Ed, MA Education, MSc E-Learning. These all are scheduled to prepare educators for all levels of education and Ed-tech industry by comprehensive curricular coverage with intensive training and field engagement. Maximum of the subject combinations are also available at the school.

Jodii matchmaking app for non-graduate Indian workers launched in the Gulf Region

~ Jodii App gives access to lakhs of profiles for blue-collared workers in Gulf countries looking to find a suitable match from India ~

Matrimony.com group, India’s leading online matrimony company, has launched Jodii, a matchmaking app aimed at serving Indian workers in the Gulf region. With a simple and easy-to-use interface and vernacular-first approach, Jodii app has achieved significant success, garnering over millions of installs since its launch in early 2022. Jodii serves common Indians with education of Diploma, 12th, 10th pass or below working as cab drivers, factory workers, technicians, salesmen, delivery executives, tele-callers and supervisors.

The app is available in English and nine Indian languages including – Hindi, Telugu, Malayalam, Tamil, Marathi, Bengali, Kannada, Oriya and Gujarati.

Speaking about the entry into the Gulf region, Mr Murugavel Janakiraman, Founder and CEO – Matrimony.com Group said, “There was a need for a vernacular matrimony app to help common people find their life partner which gave birth to Jodii app. Within a short span of time, Jodii helped thousands of Indians find a life partner. Now with the launch of Jodii in Gulf region we will be able to serve millions of blue-collared Indian workers who would otherwise have very limited choice in finding a life partner. Jodii strives to help Indians employed in the Gulf discover their ideal life partner without any geographical restrictions.

Jodii app breaks the barriers of language and product complexity with an easy-to-use interface while widening the choice of prospective brides and grooms for common people everywhere.

Key highlights of Jodii app:

·         Jodii app is simple to use and is available in nine Indian languages.

·         Users can register in the language of their choice and choose their match using parameters like religion, city, community, education and income.

·         Jodii has lakhs of profiles of brides and grooms looking for a suitable life partner.

·         Jodii app offers privacy and safety while searching for a suitable life partner. Women have the option to hide their photo and show it only to the person they like.

·         All male members are required to verify their profile with a Government Identity proof. 

·         Registration on Jodii app is free and basic information is sought. It also has affordable paid plans starting from Rs. 1090 for 3 months for added services like voice calling or viewing horoscopes of profiles.

·         Jodii app is completely free for females giving them access to all premium features.

 

Jodii app comes from Matrimony.com Group, a trusted matrimony service that has been pioneering online matrimony since 2000. The service is available on the Android platform.

To download the Jodii app for Android, click here: https://play.google.com/store/apps/details?id=jodii.app

Amrita AHEAD Signs MoU with the Association of Chartered Certified Accountants (ACCA, UK) to provide Integrated Online Programs

 

Amrita Vishwa Vidyapeetham, ranked 5th Best University by NIRF 2022 Rankings recently announced the signing of a Memorandum of Understanding (MoU) between its online arm Amrita AHEAD (www.onlineamrita.com) and the Association of Chartered Certified Accountants (ACCA, UK) at their Amritapuri campus; marking significant milestone in the field of accounting and finance education, bringing together the expertise and resources of both institutions.

 

Under this strategic alliance, Amrita AHEAD and ACCA will offer integrated online programs, including BCom International Finance and MBA International Finance, among others.

 

ACCA, a globally recognized professional accounting body with a presence in 180 countries, over 200,000 members and 486,000 students has a strong reputation for providing high-quality education and training in accounting and finance; giving an exceptional opportunity for Indian students to pursue globally recognized experience. By combining academic excellence with real-world application, this collaboration aims to revolutionize the online learning experience for aspiring professionals.

 

Dr. Somanath, Director of Amrita AHEAD Programs, said, “We are thrilled to announce our collaborative partnership bringing together expertise and innovation to empower accountants worldwide. Together, we aim to revolutionize the online learning experience for aspiring professionals, offering a transformative program that combines academic excellence with real-world application. Through this collaboration, we are committed to nurturing future accountants, equipping them with the knowledge, skills, and ethical values needed to excel in today's dynamic financial landscape. Together, we will shape the future of the accounting profession, empowering individuals to become catalysts of change and leaders of integrity.”

 

Mr. Sajid Khan, ACCA India Director, said “We are pleased to be working with Amrita AHEAD to deliver our integrated online programs. This collaboration will not only benefit the students of Amrita AHEAD in enhancing their work readiness and having rewarding careers but also contribute to the growth and development of the accountancy and finance profession in India”

 

The ACCA integrated online programs will be delivered by experienced and qualified faculty members of Amrita AHEAD, who have undergone rigorous training by ACCA. These programs will be designed to meet the needs of students and provide them with the flexibility to study at their own pace, ensuring a comprehensive and personalized learning experience.

 

Amrita Vishwa Vidyapeetham 

http://www.amrita.edu 

 

Binance Hosts Global Celebrations in Honor of Bitcoin Pizza Day

From Binance-style super meet-ups to online contests, the crypto exchange is celebrating Bitcoin's famous first purchase

Binance, the world's largest cryptocurrency exchange, is celebrating the thirteenth anniversary of Bitcoin Pizza Day, the historic day in 2010 that a purchase of two pizzas was made in return for 10,000 BTC.

To celebrate this monumental day in crypto and the revolution it marks for the industry, Binance is tying up with members of the community to make their own pizza complete with their own ‘BTC’ toppings logo. Vloggers and influencers will be posting their creations on social media. There are many global celebrations happening including the birthplace of pizza, Naples, Italy, and continue with local pizzeria and pizza van takeovers in ten countries, including Brazil, Bahrain, Pakistan, Vietnam, Cambodia, Uruguay, Mexico, Argentina, and New Zealand. 

The community is also invited to celebrate Pizza Day on social media and the Binance app. Participants who share their Binance-themed pizzas using #BinancePizza or complete tasks to collect all the Pizza Flavours on the Binance app have a chance to win the crypto equivalent of a year's supply of pizza. Online celebrations will continue as Binance hosts a virtual live meet-up with the attendance of CZ on May 22 at 12:00 PM UTC, featuring discussions on the meaning of Bitcoin Pizza Day with prominent Binance Feed creators.

“Bitcoin Pizza Day is a testament to the power of community and the growing acceptance of BTC as part of our daily lives,” said Yi He, Binance co-founder and chief marketing officer. “At Binance, we believe in the importance of mass adoption, and we are committed to creating more and more use cases for crypto in everyday situations. As more people recognize the value and potential of blockchain and crypto, our community grows stronger, and we continue to build our industry.”

The global Pizza Day meet-ups will offer fun activities with the chance to win swag and rewards, and of course, free pizza. Events vary by city, for example in Naples, the first 500 users to register for the event will be able to claim free “Binance style” pizza and drinks and take part in a pizza-making contest for Binance prizes. For more information on events near you, visit our blog.

Bitcoin Pizza Day stands as a pivotal milestone for the crypto industry, signifying its remarkable exponential growth and paving the path for widespread adoption of digital currencies over the past 13 years. As ever, Binance continues to move towards its goal of increasing the freedom of money and believes that growing crypto adoption will create even further opportunities for financial freedom. Therefore, once again this year, Binance is proud to celebrate this momentous day with our deserving and empowering community.

EMUDHRA ANNOUNCES 51% ACQUISITION OF IKON TECH SERVICES LLC, USA THROUGH ITS WHOLLY OWNED SUBSIDIARY EMUDHRA INC, USA.

The acquisition to strengthen eMudhra’s presence and positioning in the US market.

 

eMudhra Limited (BSE: 543533 NSE: EMUDHRA) today announced that it has entered into a definitive agreement to acquire 51% of Ikon Tech Services LLC, Texas, USA, through its wholly owned subsidiary eMudhra Inc, USA.

 

Ikon Tech is a technology company in Houston Texas, USA, specialising in digital transformation and cyber security and has been in operation since 2012 and is in the business of providing consulting, solutioning and technology services in cybersecurity, digital transformation with an industry focus of Financial Services, Government, Healthcare and Oil and Gas. Its revenue from digital transformation and cyber security services during the year ended December 31, 2022, amounted to USD 6.7 million.

 

eMudhra has been in the digital trust, digital security and digital transformation space for the past 14 years. Over the years, eMudhra has established a strong footprint in India and emerging markets with marquee reference customers. eMudhra’s ambition to grow to the next level will depend on expanding into developed markets particularly the US which is the largest software market in the world. This in turn will depend on our ability to show an initial set of reference customers, our ability to hire talent to drive

customer relationship management, our ability to provide local support to ensure streamlined delivery in US.

 

Since Ikon Tech has been in existence for the past 10 years and is engaged in digital transformation and cyber security related IT business, (similar line as eMudhra) acquisition of Ikon Tech will provide:

1. Revenue base in USA

2. Initial set of reference customers

3. Talent to drive customer engagement.

4. Local support to ensure streamlined delivery.

 

Further, scale and reference customers in the US will provide strong credibility when we go after other developed/emerging markets.

 

Mr. V Srinivasan, Executive Chairman, eMudhra Limited, said: “The global society is integrating more and more through digital medium. Paperless digital transformation

and cyber security have become key needs in such integrated digital society. eMudhra catering to such needs has seen industry leading growths in Indian and other emerging markets. eMudhra has also recently forayed into the developed markets such as US. To cater to its growth aspects in US, eMudhra proposes to acquire 51% of Ikon Tech. This acquisition is expected to accelerate eMudhra’s penetration in the US market. Combined with eMudhra’s product range and Ikon Tech’s solutions and services capabilities, I am sure that we will provide unparalleled value to our customers as they pursue their digital journey.”

 

Mr. Suresh Kathamreddy, President, Ikon Tech said: “While considering strategic alternatives, we found that eMudhra’s management shares a common strategic vision as Ikon Tech. Further, in eMudhra, we found a strong conviction for driving client success through innovation. We are confident of taking eMudhra’s products to our customer base and support eMudhra in its solutioning and support capabilities. I am really excited about the possibilities of what we can do together.”