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HDFC ERGO General Insurance elevates Anuj Tyagi as MD & CEO from July 1, 2024

Hyderabad, June twenty seventh, 2024: HDFC ERGO General Insurance right this moment confirms that Mr. Anuj Tyagi will succeed Mr. Ritesh Kumar as the brand new Managing Director & CEO from July 1, 2024, and all mandatory regulatory approvals on this regard at the moment are in place. This is consistent with the intimation to the inventory trade made earlier this 12 months on January 13, 2024, concerning management change as authorized by the Board.

Mr. Tyagi has been with the Company since 2008 and has held varied positions throughout his tenure and was elevated to Joint Managing Director in April 2023.

Mr. Kumar will be a part of the Board of Management of ERGO International from October 4, 2024 onwards and as the brand new Deputy COO of the entity, will deal with the Asian progress markets, such as China, Thailand and Singapore. This appointment is topic to administrative approvals and consent of the Supervisory Board of ERGO International.

Mr. Keki M Mistry, Chairman of the Board, mentioned, “The Board needs to thank Ritesh for his extraordinary management over the past 16 years that has left an indelible mark on the Company, the model and its market place. I’m additionally delighted that we’ve an ready chief in Anuj to tackle the baton – Anuj has labored carefully with Ritesh over these 16 years and has performed an necessary function in reshaping HDFC ERGO into a big tech-first trade chief.”

Dr. Oliver Willmes, Chief Operating Officer and Chairman of the Board of Management of ERGO International mentioned, “I want to thank Mr. Ritesh Kumar for his immense contribution in making this three way partnership Company as a number one insurer in India. I’m assured that Mr. Anuj Tyagi will take HDFC ERGO to higher success along with his dynamism and eager curiosity in buyer centricity & digital innovation.”

“I thank the shareholders and the Board for the belief they’ve had in me. For me personally, it has been a privilege to steer this distinctive crew at HDFC ERGO – collectively we’ve grown to turn out to be one of many high basic insurance coverage firms. I’m assured that Anuj will usher HDFC ERGO into a brand new period and my greatest needs are with him,” mentioned, Mr. Ritesh Kumar, the outgoing MD & CEO.

Mr. Anuj Tyagi mentioned, “While we’ll miss Ritesh’s steering, I’m excited and grateful to tackle this function at such a pivotal time for the trade and Company. As we embrace a future-ready, tech-first strategy, I stay up for harnessing innovation to ship unparalleled worth to our clients and channel companions. I’m assured that we are going to be on the forefront in seizing the evolving alternative on this sector with the help of this unbelievable crew which I’m now going to work with. We will construct on our robust basis in driving progress and setting requirements for the insurance coverage sector.”

With a profession spanning over 25 years in banking and insurance coverage, Mr. Tyagi joined HDFC ERGO in 2008 and has led all gross sales channels together with Reinsurance, Underwriting, Claims, Technology & People features over the past 16 years.

Mansi Praharaj

June 27, 2024
EduQuest Student Rudraksh Bhandari Wins Prestigious UAE Awards

twenty seventh June 2024 Gurgaon, Haryana, India Rudraksha Bhandari, a scholar from Sharjah, has earned vital recognition within the UAE by successful each the Sheikh Hamdan Award and the Sharjah Award. These accolades spotlight his outstanding achievements and dedication. Rudraksh’s journey to success started within the ninth grade when he began receiving steerage from EduQuest, an schooling consultancy.

EduQuest has been instrumental in shaping Rudraksh’s tutorial journey. With a give attention to customized profile constructing, SAT teaching, AP examination teaching, tenth and twelfth Board examination preparation and college functions. EduQuest offered tailor-made assist that balanced his tutorial and extracurricular actions. Their complete method ensured Rudraksha was well-prepared from each facet, for his journey in direction of his dream college overseas.

EduQuest has been offering end-to-end PSAT/SAT/ACT/AP/Tuitions/Olympiads and University Applications since 1995 and has intensive expertise, coaching varied ranges of scholars. The college students endure evaluation by way of their “Diagnostic Test Framework”, which permits the design of individualized, custom-made modules and preparation for goal examinations by each “Online Live” and “Classroom Sessions”. EduQuest additionally advises college students in constructing their Profile, and college essay writing and guides them in selecting the best universities, faculties, and establishments, underneath one roof.

Rudraksha Bhandari expressed his gratitude, saying, “EduQuest has made my dream come true. They guided me to create a sturdy profile for worldwide universities and taught me to suppose otherwise when crafting college essays. Their steerage for essay writing and resume presentation was very good. Under their mentorship, I scored 1540 on the SAT and ready for 10 AP exams. My elder sister Nilisha, who’s at Purdue, was additionally guided by EduQuest. I owe a lot to EduQuest, a one-stop answer for all instructional providers.”

Priya Mahajan, Director of EduQuest Gurgaon, shared her pleasure in Rudraksh’s accomplishments, “We are honored to teach college students like Rudraksh Bhandari. After assessing his strengths and targets, we developed his profile by mixing tutorial and extracurricular actions. Academically, we ready him for his board exams, the place he excelled, and offered SAT and AP teaching. We are additionally proud to have guided his sister Nilisha, one other distinctive scholar. Rudraksh’s acceptance into quite a few elite universities, together with Georgia Tech, UCSD, and Purdue, displays our dedication to growing our college students totally.”

June 27, 2024
Shankara Launches the Timeless Restorative Skin Elixir

twenty seventh June 2024 Bangalore, Karnataka, India Ever struggled to maintain up along with your skincare routine? Are too many rituals and wonder messages complicated you? To simplify your routine, Shankara has launched the first twin chamber product in India, a game-changing resolution: the Timeless Restorative Skin Elixir. This revolutionary Ying-Yang model twin chamber elixir blends the advantages of Kumkumadi Oil and Timeless Serum, providing a handy 3-in-1 resolution for moisturization, brightening, and anti-aging. Perfect for these at all times on the go, this facial elixir simplifies your skincare routine with out compromising on effectiveness. Combining historic knowledge with cutting-edge know-how, it actually affords the better of each worlds.

The Timeless Serum, infused with Citrus stem cell know-how, fosters mobile rejuvenation, reduces wrinkles, refines pores and skin texture, and enhances your pure glow. It additionally accommodates 10% Vitamin C of the highest grade for sooner pores and skin brightening.

Shankara’s signature Kumkumadi Oil has a light-weight system appropriate for all pores and skin varieties. Crafted with the goodness of Red-Gold Saffron, Manjishtha & Red Sandalwood by means of a Taila Paka course of, it nourishes, moisturizes, and brightens pores and skin, addressing blemishes, pigmentation, and effective traces.

Astha Katpitia, Head of Shankara India, shares, “Our Timeless Restorative Skin Elixir blends historic knowledge with trendy innovation, providing radiant pores and skin in a single easy step. It’s an easy resolution for efficient skincare with seen outcomes.”

Wondering tips on how to use it? Simply dispense equal measures of the Timeless Serum and Kukumadi Oil to create a micro-emulsion, combine, and apply to the cleansed face and neck for deep penetration and supreme nourishment.

The consequence? Accelerated cell renewal, elevated epidermal density, diminished wrinkle depth, a visual lifting impact, and a brighter & hydrated pores and skin texture. With common use, you’ll obtain a extra even pores and skin tone and a radiant look.

Whether you want a journey important or a hydrating product for the excellent glow, the Timeless Restorative Skin Elixir is your go-to resolution. Notably, this product stands as a bestseller for Shankara in the USA, signaling a outstanding achievement in skincare innovation. With the incorporation of stem cell know-how, Shankara leaps ahead, revolutionizing the skincare panorama with its choices.

Mansi Praharaj

June 27, 2024
ExxonMobil to supply U.S. produced Lithium to SK On • EVreporter

ExxonMobil, an international energy and petrochemical company, has signed a non-binding MoU with SK On, an EV battery developer, to potentially supply up to 100,000 metric tons of Mobil™ Lithium from its upcoming Arkansas project. This collaboration aims to support U.S.-based EV battery manufacturing, aligning with ExxonMobil’s goal to provide lithium for approximately 1 million EV batteries annually by 2030 and bolster the American EV supply chain.

Lithium demand is increasing due to its importance in EVs, electronics, and energy storage systems. ExxonMobil plans to extract lithium from underground saltwater deposits in Arkansas using Direct Lithium Extraction (DLE) technology, aiming for more efficient and environmentally sensitive production methods compared to traditional hard rock mining. ExxonMobil intends to utilize subsurface exploration, drilling, and chemical processing capabilities for MobilTM Lithium production, offering U.S. EV battery manufacturers a secure, lower-carbon lithium supply option. They have successfully produced lithium carbonate from the Smackover formation in southern Arkansas through an appraisal drilling program and technology pilot with DLE.

“The world needs more lithium to support its emissions goals, and we’re doing our part to drive solutions forward in the United States,” said Dan Ammann, President of ExxonMobil Low Carbon Solutions. “This collaboration with SK On demonstrates the leading role we play in the growing market for domestically sourced lithium, a market that’s advancing energy security and climate objectives, as well as supporting American manufacturing.”

In the U.S., SK On operates two battery plants in Commerce, Georgia, and plans to build four additional plants through joint ventures with Ford Motor Co. and Hyundai Motor Group. By 2025, SK On’s annual production capacity in the U.S. is projected to exceed 180 GWh, capable of powering approximately 1.7 million EVs annually, as claimed by the official statement.

“SK On has been working with global partners to secure key battery raw materials in a move to support our growing U.S. manufacturing base and lead electrification in the region,” said Park Jong-jin, Executive Vice President of Strategic Procurement at SK On. “Through this partnership with ExxonMobil, we will continue strengthening battery supply chains in the U.S.”

Also read: Dealing with Lithium-ion/EV battery fires: safety guidelines

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June 27, 2024
SBI General Insurance announces Naveen Chandra Jha as the new Managing Director & Chief Executive Officer

Mumbai, twenty sixth June 2024: SBI General Insurance Company Ltd. has introduced the appointment of Shri Naveen Chandra Jha as its new Managing Director & Chief Executive Officer. He was nominated by the guardian firm, State Bank of India, for the place. He succeeds Shri Kishore Kumar Poludasu.

Shri Naveen Chandra Jha has been related to State Bank of India since 1994 and has held a number of key positions throughout his tenure. Prior to his present function at SBI General Insurance, Shri Naveen Chandra Jha, Deputy Managing Director, State Bank of India, served as the Chief General Manager of Amaravati Circle, Andhra Pradesh.

Shri Naveen Chandra Jha brings over three many years of in depth expertise in the banking trade. Throughout his profession, he has held varied vital useful and operational roles, together with Branch Management, Credit and Risk Management with a give attention to SME Credit, HR & Administration, and Retail Banking. He has excelled in quite a few essential roles such as Regional Manager, Deputy General Manager (CDS), Deputy General Manager (Cadre Management), General Manager of Network, and Chief General Manager of the Circle.

During his tenure, the Amaravati Circle was persistently perceived as the top-performing circle. He has made important contributions to enterprise growth and has been acknowledged for his distinctive service by being chosen for the Chairman’s Club in Branch supervisor class in 2005 and as Regional Manager in 2015.

At SBI General Insurance, Shri Naveen Chandra Jha is ready to leverage his huge expertise and enterprise acumen to drive the firm in direction of better success. His emphasis on general enterprise technique, operations, budgeting, and strategic progress aligns completely with the firm’s mission of being a number one participant in the trade.

Shri Jha firmly believes that the engagement of human assets and buyer centricity are key to the success of any group. He has persistently labored in direction of making certain that each worker satisfaction and buyer expertise are prioritized. His motto, “Great Numbers with Excellent Quality,” displays his dedication to attaining excellent outcomes whereas sustaining excessive requirements of service and operational excellence. Shri Jha’s in depth expertise can be invaluable as SBI General Insurance continues to navigate it’s path to success aiming to offer “Suraksha aur Bharosa Dono” to all its clients.

Mansi Praharaj

June 27, 2024
5 Display Companies Delivering Next-Level Visual Experiences

Experience next-level visible brilliance with the highest 5 show firms main the business. These revolutionary corporations are on the forefront of revolutionising visible experiences with cutting-edge expertise and unmatched high quality. From vibrant colors to gorgeous readability, these firms are setting new requirements in show excellence. Each of those firms boasts a novel mix of analysis, growth, and manufacturing prowess, making certain that their merchandise ship distinctive efficiency and reliability. With a deal with innovation and buyer satisfaction, they constantly push the boundaries of what’s potential on the planet of shows. Whether you’re on the lookout for large-scale industrial shows or immersive client leisure options, these high 5 firms have you ever lined. With a worldwide presence and a dedication to excellence, they’re shaping the way forward for visible expertise and redefining how we expertise the world round us.

1. Aet Display

AET Displays Limited Co., Ltd., established in 2015, is a outstanding high-tech enterprise affiliated with the Guangdong Group. Recognized because the “LED Micro Display and Control Engineering Technology Research Center of Guangdong Province” by the Guangdong Provincial Department of Science and Technology, AET specialises within the analysis, growth, manufacturing, gross sales, and repair of Mini/Micro LED expertise. AET stands out as a complete enterprise integrating semiconductor supplies, core chips, mild sources, high-density provider boards, drive IC, and picture processing. Backed by strong core expertise, a high-quality provide chain, and superior manufacturing capabilities, AET is spearheading the creation of the UHD LED show ecosystem. With expansive assist from the GD Guangda Group, AET has advanced right into a key business participant, boasting cutting-edge options and amenities reminiscent of in depth clear room manufacturing area, main R&D centres, and state-of-the-art sensible manufacturing workshops. Committed to innovation, AET collaborates carefully with esteemed analysis establishments globally to pioneer lighter, slimmer, and extra dependable LED show options. Customer satisfaction stays paramount, driving AET to ship top-notch merchandise, well timed deliveries, and distinctive worth to end-users worldwide.

(*5*)

2. Absen Display

Absen, established in 2001, has change into the head of LED show expertise worldwide, famend for its steadfast pursuit of excellence. Serving a large spectrum of functions from Commercial Display to Virtual Production, Absen affords bespoke LED options crafted to satisfy various wants and visions. With an unwavering dedication to innovation and progress, Absen has solidified its standing because the foremost Chinese producer of LED shows for a powerful 12 consecutive years, a testomony to its dedication to delivering unrivalled high quality and efficiency in each product. Spanning throughout 140 nations, Absen’s world presence is plain. Its screens adorn iconic locales and occasions worldwide, from NBA video games to FIFA World Cups and Times Square. Whether enhancing company environments, retail areas, or reside occasions, Absen’s LED shows captivate audiences with breathtaking visuals and unwavering reliability, incomes the belief of main manufacturers, integration companions, and rental firms worldwide.

3. Pixel Led

Pixel LED, established in 2014, has emerged as a famend producer and wholesaler of a various vary of LED merchandise. Our choices embody top-grade LED Video partitions, LED Display Screens, and LED Displays, meticulously crafted utilizing the best supplies beneath the supervision of expert professionals and in adherence to set high quality requirements. Renowned for his or her superior high quality, reliability, power, and sturdiness, our merchandise are extremely wanted by prospects worldwide. Backed by a state-of-the-art infrastructure and a staff of proficient professionals, we’re well-equipped to satisfy the various calls for of our shoppers. From customization choices to stringent high quality management measures, we be sure that our LED merchandise exceed expectations. Guided by the management of Mr. Sandeep Kumar, we constantly try for excellence and innovation, cementing our place as a trusted identify within the business. With a dedication to delivering excellence, Pixel LED stays devoted to assembly the precise necessities of our shoppers effectively and successfully.

4. Lumina Display

It’s a family-owned enterprise with over 60 years of innovation, is a number one world provider of high-quality projection screens. Headquartered in Mumbai, the center of India’s film business, we’ve got a storied historical past of adapting and thriving. From our beginnings in cinema screens, we diversified into army, institutional, and residential theater markets. In 2017, recognizing the demand for superior dwelling viewing experiences, we launched Lumina, our premium model devoted to bringing the magic of cinema to properties. With a deal with training and high quality, Lumina affords expertly crafted screens and distinctive after-sales service, making certain a spellbinding expertise for each film aficionado. Backed by Galalite’s legacy of excellence, Lumina is ready to revolutionize dwelling theater leisure, remodeling dwelling rooms into immersive cinematic areas. Discover unparalleled high quality and an expertise past examine with Lumina – your gateway to the enchantment of the flicks, proper at dwelling.

5. Xtreme Media

Xtreme Media, the center of Mumbai’s bustling film business, we at Galalite have been pushing the boundaries of projection display screen expertise for over 60 years. Our dedication to innovation and ease is the driving power behind our success. We intention to create digital show options that flip heads and go away lasting impressions. Our mantra is straightforward: experiment, be taught, and repeat. We embrace radical considering, hustle onerous, and rework concepts into extraordinary merchandise. The staff is a dynamic mix of artistic thinkers, go-getters, and seasoned veterans, working collectively to brainstorm, engineer, and rejoice new successes. We try to be the worldwide chief in Digital Out-of-Home (OOH) Technology and Convergence Solutions, specializing in steady innovation, strategic partnerships, and model constructing. Our final aim is to create a ‘WOW’ issue, enhancing the branding and communication energy of our shoppers. At Galalite, we’re devoted to creating manufacturers stand out with memorable, ground-breaking show options.

Neel Achary

June 26, 2024
Ariel University Honors Distinguished Individuals with Honorary Doctorates

26 June 2024
Ariel, Israel – Ariel University proudly celebrated the awarding of honorary levels to a number of distinguished people in a ceremony held this morning on the college campus. The occasion honored those that have made important contributions to society and analysis throughout varied fields, showcasing their exceptional achievements and dedication to the values of Israeli society.

The ceremony acknowledged the next excellent personalities:

Major General Doron Almog: Chairman of the Jewish Agency and the rehabilitation village “Adi Negev Nachalat Eran”. Major General Almog was acknowledged for his long-standing dedication to the State of Israel and its residents, together with his pioneering work in establishing help frameworks for folks with particular wants and a complete rehabilitation heart.

Prof. Israel Aumann: A Nobel Prize-winning mathematician and economist. Prof. Aumann’s utilized analysis has considerably influenced fashionable economics, laptop science, and evolutionary biology. He has tirelessly labored to strengthen Zionism and the State of Israel.

Nily Falic: For a few years, Mrs. Falic headed the Friends of the IDF group within the USA and Panama. She was awarded the title for her long-term help for the State of Israel and for tasks and organizations that work for the nation and its safety. Mrs. Falic is thought for her Zionist and public exercise, serving as a driving pressure for connection and help for Israel amongst Diaspora Jewry.

Rachel Haber: Chairwoman of the “Matnat Chaim” affiliation and recipient of the Israel Prize for 2023. Rachel Haber was honored for her tireless efforts in offering complete help for kidney donations in Israel. Her mission and willpower have fostered a spirit of giving, kindness, and human respect, tremendously strengthening society.

Yoseph Haddad: Known for his distinguished position in Israeli advocacy for the reason that occasions of October 7, Haddad obtained an honorary diploma for his relentless efforts in combating anti-Semitism, fostering unity amongst numerous populations, and presenting Israel’s true face to the world. As a Christian Arab, his genuine voice and important contributions have deepened the connection between Arab and Israeli societies. The choice to honor him highlights his uncompromising exercise on behalf of Israeli society and his important position in bridging communities.

Moti Sonnenfeld: A philanthropist famend for his contributions to schooling, drugs, and particular person help. His philanthropic ventures have opened alternatives for deprived populations, selling compassionate and humane drugs. Mr. Sonnenfeld’s work is grounded in values of compassion and love for others, reinforcing the well being system, Zionism, and the State of Israel.

Sheikh Mowafaq Tarif: Honored for his management and societal contributions, Sheikh Tarif’s work exemplifies the values of concord and mutual respect.

Prof. Meir Wilchek: A professor of biochemistry and Israel Prize winner. Prof. Wilchek’s pioneering analysis in chemistry, biology, and drugs, significantly in biochemistry, has led to important developments in protein-based medicines. His dedication to analysis, science, and Zionism exemplifies the values of resilience and revival.

ZAKA Organization: Awarded an honorary doctorate for the dedication of its volunteers and activists, who’ve been performing holy work for over 25 years. Their efforts in finding, rescuing, and saving lives, in addition to figuring out and gathering human stays for dignified burial, had been significantly notable through the occasions of October 7. The choice to honor ZAKA underscores their infinite sensitivity, monumental accountability, humility, and devotion in preserving human dignity.

The ceremony, held within the presence of senior college officers and different public representatives, was a pinnacle of public appreciation, highlighting the achievements of those distinguished people who contribute to the energy and unity of Israeli society.

Prof. Ehud Grossman, President of Ariel University, remarked, “Ariel University honors Yoseph Haddad and all our distinguished recipients as clear representatives of the human spirit at its greatest. Each honoree embodies a spirit of tireless pursuit of justice, social concord, and excellence of their respective fields and analysis. Today’s ceremony is a testomony to their numerous and profound contributions, which enrich our society with their dedication, achievements, and revolutionary analysis. The titles awarded mirror the popularity and appreciation of the academy and the general public for his or her vital and steady work.

Prof. Albert Pinhasov, Rector of Ariel University, added, “The recipients we honored right now have demonstrated distinctive dedication and contributions to Israeli society. Their numerous achievements mirror the values we uphold at Ariel University: dedication, compassion, and the pursuit of excellence. We are proud to acknowledge their efforts and have a good time their affect on our neighborhood and past.”

June 26, 2024
SANY INDIA PARTNERS WITH UNION BANK OF INDIA TO PROVIDE FINANCIAL SOLUTIONS TO ITS CUSTOMERS

(Left to Right) : Mr. Naveen Jain, Zonal Head , Pune of Union Bank of India and Mr. Sanjay Saxena, COO SANY INDIA present at the signing ceremony of financial solution partnership to provide assistance to SANY INDIA customers.

NEW DELHI: SANY India, a leading manufacturer of construction equipment, is pleased to announce the signing of a Memorandum of Understanding (MoU) with the Union Bank of India. Through this strategic partnership, SANY India aims to provide substantial growth and development opportunities across the country along with enhanced financial support to its customers while facilitating easier access to SANY India’s advanced product line along with readily available financial solutions.

The MoU was signed in the presence of Naveen Jain, Zonal Head, Pune of Union Bank of India, and Sanjay Saxena, COO of SANY India, accompanied by senior officers from both organizations.

This collaboration between SANY India and Union Bank of India is strategically designed to leverage the strengths of both entities, providing a range of customized financial services tailored to meet the needs of the customers. This collaboration is designed to streamline the financing process, making it more efficient and customer-friendly, thereby empowering businesses across various sectors.

Sanjay Saxena, COO of SANY INDIA, stated, “We are happy to join hands with Union Bank of India, a leading institution of economic well-being within its operational areas. This MoU is a testament to our commitment to delivering exceptional financial services alongside our cutting-edge products, empowering customers across India.”

Highlighting the significant reliance on Union Bank of India for equipment financing, Saxena added, “The MSME Schemes offered by Union Bank of India are beneficial to all profiles of construction equipment customers. This partnership highlights the bank’s strong commitment to funding construction equipment. With Union Bank of India as our preferred financier, customers can conveniently access financing solutions for our earthmoving and construction equipment without the need to explore alternative options.”

Naveen Jain, Zonal Head, Pune of Union Bank of India, commented, “We are pleased to enter this strategic partnership with SANY India and continuously strive to provide beneficial opportunities for our customers. With construction and infrastructure activities thriving across the country, the demand for earth-moving and construction equipment is on the rise. Through our Construction Equipment Finance schemes, prospective buyers of SANY equipment can easily avail themselves of financing tailored to meet their financial requirements.”

This partnership marks a milestone in the financial and construction sectors, promising a collaborative relationship that will benefit customers, foster industry growth, and support national development goals.

June 26, 2024
Kia’s nationwide ownership service camp week from June 27 to July 3

Hyderabad: Kia India will organise an ownership service camp at all authorised Kia service outlets nationally between June 27 and July 3. The nationwide after-sales initiative aims to enhance customer engagement, promote aftersales services, and build stronger relationships with Kia vehicle owners, a media release states.

Customers will benefit from a range of exclusive services crafted to ensure the optimal performance and longevity of their vehicles. These include complimentary 36-point health checks covering critical areas such as the vehicle’s exterior, interior, engine bay, underbody, and road tests. Customers will also receive a complementary AC disinfectant and car wash service for long-term maintenance.

Along with free car check-up and wash, the company is also offering discounts on various aftersales initiatives, including a 20 per cent discount on car care services, a 10% discount on retail Road Side Assistance (RSA) plans, and a 5 per cent discount on accessories.

Myung-sik Sohn, Chief Sales Officer, Kia India said, “Customer satisfaction is extremely important to build a sustainable brand. And, we are committed to ensuring our customers enjoy the highest levels of safety, comfort, and convenience throughout their ownership journey with these service camps.”

The service camps will include interactive discussions on the state-of-the-art vehicle technology, driving tips, essential do’s and don’ts for vehicle maintenance, a free evaluation of used car prices and Kia’s exchange service. The company will also host CSR-focused activities like blood donation camp and free eye check-up, demonstrating its commitment to both vehicle excellence and community welfare.

June 26, 2024
AD Ports Group and Saif Powertec Limited to Explore Cooperation on Multiple Port Projects in Bangladesh

Abu Dhabi, UAE – 26 June 2024: AD Ports Group (ADX: ADPORTS), one of many world’s main facilitators of worldwide commerce, logistics, and trade, and Saif Powertec Ltd. have signed a Memorandum of Understanding (MoU) to doubtlessly cooperate on operational tasks and tasks below growth in varied ports in Bangladesh.

The MoU was signed by Ahmed Al Mutawa, Regional CEO, AD Ports Group, and Tarafder Md Ruhul Amin, Managing Director of Saif Powertec Ltd., in the presence of senior officers from each events.

Under the phrases of the MoU, each events will discover working carefully collectively to conduct joint actions and discover working on the event of Ports, container depots and logistics services in Chattogram, Mongla, and Dhaka.

Both events will set up a joint working group to share experience, research, methods, technical help, and the implementation of joint actions.

Capt. Mohamed Juma Al Shamisi, Managing Director and Group CEO – AD Ports Group, mentioned: “This cooperation highlights our ongoing dedication to unlocking contemporary alternatives globally. Working alongside Saif Powertec Ltd. will present a larger platform for us to provide our world-class companies and expertise on varied tasks in Bangladesh. The signing of this MoU additional enhances the Group’s presence in Bangladesh and South Asia as we proceed to develop and develop the shut relationships we’ve constructed through the years in line with the imaginative and prescient of our sensible management.”

Tarafder Md Ruhul Amin from Saif Powertec Ltd. mentioned: “Today is one other proud day for us as we proceed our ongoing partnership with AD Ports Group, which could lead on us to work collectively on huge tasks in Bangladesh. The MoU is yet one more indicator of the power of the connection between Saif Powertec Ltd. and AD Ports Group and we’re trying ahead to collaborating for a few years to come. AD Ports Group brings a wealth of expertise and know-how to the desk when it comes to our trade, so teaming up with them to proceed to develop our operations in Bangladesh makes whole sense for us.”

Saif Powertec Ltd. is on a mission to rigorously enhance the standard of its experience and companies in order that it could possibly present the very best consequence to its purchasers and improve the corporate’s capabilities to deal with contemporary challenges day-after-day, and finally turn out to be one of the superior and progressive corporations in Bangladesh. Having been established in 2003 the corporate now finds itself as a visionary chief by offering energy and materials dealing with options in the engineering enviornment of Bangladesh.

Neel Achary

June 26, 2024