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Chitkara University Joins Global Network of Innovative Universities

New Delhi, India – Feb seventeenth, 2024 – Chitkara University has introduced a brand new long-term strategic initiative to ascertain the Chitkara International College (CIC) in collaboration with Arizona State University (ASU), ranked the #1 most progressive college within the U.S. by the U.S. News & World Report (2016-2024) and among the many prime 150 universities worldwide by ShanghaiRanking in 2023. This collaboration marks a big milestone as Chitkara University turns into the primary college in Punjab to accomplice with Arizona State University to arrange a brand new progressive academic mannequin. The Chitkara International College will completely provide ASU diploma packages to college students in Punjab, permitting them to start out their ASU undergraduate diploma packages in India earlier than transferring to the United States.

“As we enter a brand new period in international schooling, the partnership amongst Chitkara University, Arizona State University, and Cintana Education is about to introduce a pioneering academic mannequin.” stated Dr. Chris Howard, Chief Operating Officer and Executive Vice President of Arizona State University. “Join us as we embark on this thrilling journey in direction of redefining the tutorial panorama.”

In latest years, the quantity of Indian college students finding out in international universities has grown considerably. In 2021, there have been 440,000 Indian college students finding out overseas, however this quantity elevated to 750,000 in 2022. As a consequence, India has change into one of the highest two sources of worldwide college students globally. It is projected that the quantity of Indian college students finding out overseas will attain 1.3 million within the coming few years, with the United States being the popular selection. This demand for high-quality worldwide schooling can be growing inside India, notably in cities exterior of Tier 1 cities. Many Indian mother and father and college students acknowledge the superior academic high quality and outcomes universities provide in international locations such because the United States. However, excessive tuition charges and the price of residing overseas will be important limitations for Indian college students who dream of pursuing their college diploma overseas. Furthermore, the New Education Policy (NEP) by the Government of India acknowledges the necessity for and helps the collaboration between high-quality Indian Universities and international universities.

In collaboration with ASU, college students can examine at Chitkara International College (CIC) for the primary two years earlier than seamlessly transferring to ASU to finish their diploma. By doing so, college students are capable of save on worldwide tuition charges and pay a decrease native tuition charge, making a high-quality US undergraduate diploma extra accessible. In addition to tuition charges, college students may also save on boarding and lodging prices when staying of their house nation for the primary two years.

Graduates of STEM (Science, Technology, Engineering & Math) packages additionally might be eligible for a 3-year OPT work alternative upon commencement. This initiative will assist extra Indian college students obtain their aspirations, acquire invaluable worldwide expertise, and jumpstart their careers past India.

Chitkara University college students will be taught the ASU programs and curriculum just like what college students would examine on the U.S. campus. Dr Madhu Chitkara, Pro-Chancellor of Chitkara University, shares, “The aim of this collaboration is to supply all college students who enroll within the ASU packages at Chitkara International College with the very best American academic expertise proper from day one. This is supported by thrilling initiatives and packages developed with ASU and Cintana Alliances establishments, specializing in offering Chitkara college students with the talents and information essential to succeed globally.”

Students may also be supplied with entry to distinctive worldwide trade packages, summer season immersion, and studying in international class surroundings alternatives at ASU and different universities worldwide by Chitkara University’s membership within the ASU-Cintana Alliance.

February 17, 2024
Spice Money’s Adhikari Network Surges 35.8% in Karnataka

Bangalore, January 20, 2024: Spice Money (a subsidiary of DiGiSPICE Technologies), India’s pioneering rural fintech revolutionizing the best way Bharat banks, is ready to embark on an formidable journey with its Spice Money Guarantee Drive in Karnataka. This strategic initiative goals to strengthen partnerships and interact distributors throughout 21 cities, fostering a extra interconnected ecosystem for its nanopreneur neighborhood. In the previous 12 months, Spice Money has witnessed a powerful gross transaction worth (GTV) of 29.32 billion in Karnataka, pushed by the dynamic growth of its Adhikari community.

The community, comprising nanopreneurs, has grown by a powerful 35.8% from 2022 to 2023, facilitating 11.63 million general transactions and showcasing Spice Money’s pivotal position in enhancing monetary accessibility. Serving round 8.98 lakhs clients in 6,529 villages, Spice Money has turn into a trusted companion in driving monetary empowerment and inclusion. With over 1.3 million Adhikaris nationwide, Karnataka proudly contributes to about 2.05% of those nanopreneurs, highlighting Spice Money’s transformative impression on the monetary panorama.

Spice Money is ready to foster a deeper connection inside its in depth community by way of the Spice Money Guarantee Drive Campaign. It goals to create a collaborative ecosystem, offering a possibility for the nanopreneur neighborhood to return collectively, share insights, and strengthen the bonds that drive the success of Spice Money’s modern monetary options.

The firm is strategically pivoting in the direction of nurturing a thriving ecosystem for nanopreneurs, enabling the circulate of monetary literacy from Adhikaris to the broader neighborhood. This dedication for making a extra inclusive ecosystem is obvious in the particular deal with onboarding feminine Adhikaris, selling gender variety in its community. Spice Money is increasing its companies from assisted cost companies to providing a complete vary of banking options. This shift contains the introduction of present and financial savings accounts, aim loans for nanopreneurs, and money assortment companies. This multifaceted strategy underscores Spice Money’s dedication to driving impactful monetary inclusion in rising India.

In tandem with this progress, Spice Money has noticed important traction in key merchandise, with general 225.79 million transactions for Aadhar-enabled Payment Systems (AePS) until final 12 months. AePS, alongside Cash Management System, Direct Money Transfer, mini-ATMs, and Bharat Bill Payment Services, emerges as a cornerstone of Spice Money’s success in the area. The success story in Karnataka displays not solely Spice Money’s dedication but in addition the area’s openness to digital adoption. Karnataka has confirmed to be a fertile floor for Spice Money’s efforts in driving monetary inclusion, particularly in rural areas the place over 61.33% of the inhabitants resides (as per Census 2011).

Dilip Modi, Founder, Spice Money, mentioned, “Karnataka has considerably fueled Spice Money’s progress journey in India. The exponential growth of the Adhikari community and the surge in digital monetary companies right here underscore the area’s readiness to embrace the digital period. Through our digital banking amenities, our nanopreneurs have pioneered monetary inclusion in historically underserved areas of Karnataka, fostering particular person self-reliance and financial growth. Our dedication stays steadfast in empowering rural nanopreneurs and offering livelihood alternatives to residents in the farthest corners of the nation.”

Spice Money’s dedication extends past numbers, as the corporate builds a sturdy assisted-digital ecosystem nationwide. With Adhikaris reaching 95% of rural pin codes, overlaying 2.4 lakh villages, 700 districts, and 6,458 blocks, Spice Money serves a outstanding 20 million month-to-month clients. FY23 witnessed a unprecedented 20% progress in buyer GTV, exemplifying its dedication to a deeply penetrated presence in rural areas and reinforcing its management in fostering monetary inclusion throughout the nation.

As Spice Money continues its journey, the corporate stays devoted to empowering nanopreneurs, creating livelihood alternatives, and fostering financial growth in even the remotest corners of the nation.

Sujata

January 21, 2024
Omidyar Network India’s exit signals shift in investment landscape for India
Omidyar Network India To Wind Up Operations, Stops Making New Investments

Impact investment agency Omidyar Network India made headlines with its surprising choice to exit the Indian market by the shut of 2024, placing a pause on new investments. This improvement coincides with a noticeable dip in funding for India’s tech startup ecosystem in 2023, impacting the nation’s world rating from third to fourth place.

The native unit, backed by eBay founder Pierre Omidyar, has been a distinguished investor in Indian startups comparable to Kiwi, Tata 1mg, CloudSek, DealShare, Otipy, Doubtnut, and others. Last month, it led a Series-A funding spherical for homegrown fintech startup Kiwi, contributing $13 million (round Rs 108 crore).

Omidyar winding India operations

In an official assertion, Omidyar Network India expressed its intent to conclude operations in the nation subsequent 12 months. The group acknowledged, “After a number of months of deliberation, it has been determined that Omidyar Network India will cease making new investments and can fully transition out of the market by the tip of 2024.”

Over the subsequent two months, the board and management staff will consider one of the best method to handle the group’s portfolio whereas acknowledging the longstanding partnerships established by the Omidyar Network India staff.

What is Omidyar Network?

In order to know impression of Omidyar’s exit from India, we have to perceive what it does as an organization.

Omidyar NetworkOfficial web site

Omidyar Network, a social change enterprise, focuses on reshaping societal programs for inclusivity. Originating from enterprise and expertise backgrounds, it collaborates with various stakeholders. The group facilities its efforts on three core areas:
1. Responsible Technology: Aiming for a balanced, inclusive world technological ecosystem, Omidyar Network helps concepts and insurance policies selling a protected, honest, and compassionate digital world.
2. Reimagining Capitalism: Recognizing the failings in capitalism, the group believes in its potential for good and helps entities addressing structural challenges, aiming for a extra equitable, sustainable, and inclusive financial system.
3. Building Cultures of Belonging: Promoting inclusivity, Omidyar Network invests in fostering a way of belonging inside various societies, emphasizing wholesome relations, cultural infrastructure, and therapeutic practices for a related twenty first century.
Omidyar Network’s exit and impression

Omidyar Network’s exit from India would doubtless have a number of implications for the social impression and enterprise landscape in the nation. Let’s discover the doable impression of Omidyar Network’s exit from India.

Starting with the apparent, startups and teams that acquired cash from Omidyar Network might want to discover new sources of funding. This would possibly decelerate their plans and pressure them to seek out alternative ways to draw buyers.

Since Omidyar Network has been serving to fund tasks in India that goal to make use of expertise responsibly, rethink how capitalism works, and construct inclusive communities, there could possibly be much less cash obtainable for these sorts of tasks. Omidyar Network leaving would possibly make different buyers rethink their plans for India. They would possibly begin wanting for completely different locations or tasks to speculate in, altering the competitors for funding.

Omidyar Network’s exit may shake up how social investing works in India. Other buyers would possibly step in to fill the hole, or new buyers would possibly come in to help the identical issues Omidyar did.

In quick, Omidyar Network’s choice to go away India may have an effect on the plans of organizations they supported, scale back funding for social tasks, change the main target of different buyers, impression how social investing works, and spark discussions about methods to make a distinction in India.

According to experiences, the investment agency holds cumulative property price practically $673 million in India. “Today, there may be extra Indian-led philanthropic and enterprise capital than ever earlier than, the nation has a vibrant start-up sector, and a number of other funds now have a center and lower-middle revenue focus as a part of their investment technique,” famous the Omidyar Network India staff.

Homegrown Fintech Startup ZestMoney To Shut DownIANS

This strategic shift happens as ZestMoney, a digital EMI financing platform backed by Omidyar Network, faces closure after unsuccessful makes an attempt to safe a purchaser. Omidyar Network India, working on a dual-chequebook investment mannequin, exits India after a decade of operations, recording investments of over $500 million. The transfer aligns with the entity’s major goal of catalyzing impression in the area.

In an inside weblog submit, the Omidyar Group defined, “This choice was closely knowledgeable by the numerous change in context and the expansion in the financial landscape that the India-based staff has skilled since first making investments there in 2010.”

Omidyar Network India’s legacy consists of essential contributions to the impression investment sector, specializing in the Next Half Billion. While it will not make additional investments, the group is dedicated to closing follow-on rounds for beforehand dedicated investments. The weblog submit emphasised the significance of recognizing the evolving investment landscape and fostering a clean transition for each the group and its portfolio firms.
December 12, 2023
HFCL launches 1728 fibre IBR cable to meet the growing demand of high fibre count cables from data centres and boost 5G network infrastructure

New Delhi, October 28, 2023: HFCL Limited (HFCL), a number one know-how enterprise and built-in next-gen communications product and answer supplier, yesterday launched its modern, high-fibre count Intermittently Bonded Ribbon (IBR) Cable at the ongoing India Mobile Congress, Pragati Maidan, New Delhi, India. HFCL’s new 1728-high fibre count IBR cable providing will permit telcos and enterprises to speed up set up of 5G network infrastructure, increase FTTH capabilities and handle the rising demand for high[1]capability networks notably from data centres. HFCL is amongst the few corporations in India and worldwide that has efficiently developed this trade main product.

As a number one producer of optical fibre cables in India, HFCL is at the forefront of innovation, growing sustainable smaller duct dimension cables at its Hyderabad plant. Compared to conventional 864-fibre flat ribbon cables, the next-gen 1728-fiber IBR Cable affords twice the fibre packing density in the identical diameter. HFCL’s gel-free IBR cable can be optimised with high productiveness mass fusion splicing for value environment friendly deployment, simple set up in congested areas and fast restoration in case of any unintentional outage. The manufacturing of these environmentally-friendly IBR cables is additional poised to end in lowering plastic consumption per unit of fibre, reducing carbon footprint and bills related to network upkeep and upgrades.

As companies migrate to the cloud and segments similar to Banking, Financial Services and Insurance (BFSI), e[1]commerce, manufacturing and retail drive demand, India’s data centre market is anticipated to growth and appeal to investments in hyperscale data centres. Currently, with 138 data centres, India is the world’s thirteenth largest market. As per analysis by ANAROCK-Binswanger, 45 new data centres—masking 13 million sq. ft are anticipated to come up in India by the finish of 2025. High-fibre count IBR cables will complement the demand for dense fibre connectivity which is important for enterprises to handle bigger, extra subtle data centres.

Further, the sturdy demand for IBR Cables fuelled by growing authorities’s thrust on fiberisation, investing in capex and telecom infrastructure throughout key world markets together with India, US, UK, France, Germany, Middle East and different main economies additionally current a major alternative for corporations like HFCL. While the fibre penetration in India has now moved to round 38.44% in accordance to data supplied by Digital Infrastructure Provider Association (DIPA), nevertheless, we’re considerably lagging the 70% tower fiberisation in the nation by 2024-25, a goal set by the Indian authorities. The current Union Cabinet’s approval of the Rs 1.39 lakh crore plan for rural broadband connectivity can be a significant stride that can lead to huge demand for fiberization to bridge the digital divide. The launch of this revolutionary IBR cable additional underlines HFCL’s dedication to emerge as a major contributor and a companion of selection in the authorities’s nationwide infrastructure improve together with main enterprises, and telcos.

Praveen

October 29, 2023
Empowering Men Through Positive Masculinity: BWB Network

by: Abel Boaz

In an period of dynamic progress in the direction of inclusivity, the highlight predominantly falls on the help and empowerment of various genders. However, inside this ever-shifting mosaic of change, an unstated want stays—a devoted house the place the male voice can discover resonance, empowerment, and elevation. This is the place BWB Network takes heart stage—a pioneering initiative forging a path for males, making a platform that redefines the core of optimistic masculinity and brotherhood.

Amidst the clamor of evolving conversations surrounding gender norms, BWB Network emerges as a convincing testomony to the transformative efficiency of nurturing connections, understanding, and progress throughout the male neighborhood. Founder Abel Boaz perceptively acknowledged the hole within the panorama of help and embarked boldly to reshape the narrative.

At its essence, BWB Network is not only a platform; it’s a lifestyle. It is a realm that acknowledges the import of males’s experiences, aspirations, and challenges, bridging a niche that has usually gone unnoticed. While the worldwide discourse navigates round poisonous masculinity and societal paradigms, BWB Network affords a definite perspective—nurturing the empowerment of males to embrace their individuality whereas fostering an atmosphere of shared progress.

Guided by Abel Boaz’s visionary management, this motion propels into uncharted realms of discourse and introspection. The platform’s dedication to reshaping discussions encompassing optimistic masculinity, private improvement, {and professional} progress charts a promising course. Beyond a mere digital gathering, it turns into a haven the place dialogues transcend digital boundaries, igniting a camaraderie that magnifies the facility inside unity.

In an evolving world, the importance of this platform amplifies. It underscores the ever-expanding spectrum of gender discourse, emphasizing that empowerment is aware of no limitations. In the midst of shifting norms and evolving beliefs, the platform emerges as a guiding gentle—an invite for males across the globe to not merely partake in conversations, however to form them.

The redefinition of optimistic masculinity is just not a mere catchphrase inside BWB Network; it’s a mission ardently undertaken. In an period characterised by change, empowerment, and progress, this journey stands as an emblem of progress—a resolute reminder that brotherhood, unity, and comprehension are the pillars of a extra inclusive future.

Abel Boaz’s dedication to redefining masculinity and fostering equality resonates via his work, “Breaking Barriers: Empowering Men for Equality.” This ebook emphasizes the important position males play in reaching gender equality, selling constructive types of masculinity, addressing structural obstacles, and inspiring males to actively take part in selling optimistic change. By embracing various identities, difficult dangerous norms, and empowering males, the ebook envisions a extra inclusive and equitable world for all genders.

In a world the place conventional boundaries blur, BWB Network excels in forging profound connections amongst males from various walks of life—be it skilled, cultural, or experiential. Beyond the realms {of professional} networking, it metamorphoses right into a sanctuary the place aspirations collide, collaborations ignite, and goals manifest.

A fascinating aspect of BWB Network lies in its dedication to twin progress—each private {and professional}. Within its digital realm resides a treasure trove of assets, encompassing management applications and skill-enhancing workshops. Insightful webinars and panel discussions supply steerage in navigating trendy complexities, performing as a perennial supply of motivation and encouragement.

However, the platform affect extends past the digital realm. It actively nurtures a secure and inclusive atmosphere the place members candidly share challenges, search steerage, and draw inspiration. This dedication extends past networking occasions, forging strategic partnerships with organizations devoted to dismantling gender biases and reshaping societal norms.

Abel Boaz’s journey embodies willpower and imaginative and prescient. While directing Abellian Finman, he guides companies towards monetary stability, and his position in propelling BWB Network underscores his dedication to non-public progress. His actions epitomize trendy brotherhood, uniting males for excellence and impactful change.

“The true energy of brotherhood lies in our collective dedication to uplifting each other. Through shared aspirations and mutual help, we pave the way in which for empowerment and progress,” says Abel Boaz, CEO of BWB Network.

Boaz’s dedication extends to BWB Network’s forthcoming cell app, poised to launch quickly. This innovation is about to redefine connectivity and empowerment, offering an intuitive avenue for networking, relationship-building, and accessing helpful assets. A notable characteristic is the introduction of video-sharing capabilities throughout the app, intensifying the alternate of concepts and experiences. Additionally, the app’s security options guarantee messages are despatched solely upon mutual consent, reaffirming BWB Network’s dedication to sustaining a safe and significant digital house.

As BWB Network amalgamates brotherhood, progress, and empowerment, it paves a path in the direction of a future the place unity propels change, connections spark revolutions, and males collectively illuminate a world plentiful with inclusivity and boundless potential.

Mansi Praharaj

August 18, 2023
Cabinet clears 7 railway projects worth ₹32,500 crore; to add 2,339 km to existing network

Bengaluru Cantonment railway station to endure Rs 525 crore revamp

(*7*)

The Union Cabinet on Wednesday cleared seven railway projects with an estimated value of Rs 32,500 crore, which can add 2,339 km to the existing network masking states specifically Uttar Pradesh, Bihar, Jharkhand, West Bengal, Telangana, Odisha and Gujarat.

The projects, which embody upgradation of the existing railway traces together with their quadrupling and doubling, will facilitate capability era for motion of 120 million tonnes of additional cargo and also will assist journey of migrant employees and college students, Railway Minister Ashwini Vaishnaw instructed reporters after the Cabinet assembly.

The projects will obtain 100 per cent funding from the Central authorities and join main industrial and industrial hubs of the nation.

IANS

They will assist improve the existing line capability, smoothen practice operations, cut back congestion and facilitate ease of travelling and transportation, the minister stated.

The particulars of the projects are as follows: Doubling of existing Gorakhpur Cantonment (Valmiki Nagar single line part) in Uttar Pradesh (Gorakhpur, Maharajganj, Kushi Nagar) for 89.264 km, and Bihar (West Champaran) for six.676 km.

Doubling of existing Guntur-Bibinagar single-line part in Andhra Pradesh (Guntur) for 1 km, and Telangana (Nalgonda, Yadadri Bhuvanagiri) for 139 km.

The Union Cabinet on Wednesday cleared seven railway projects with an estimated value of Rs 32,500 crore, which can add 2,339 km to the existing network masking states specifically Uttar Pradesh, Bihar, Jharkhand, West Bengal, Telangana, Odisha and Gujarat.

Doubling of existing Chopan-Chunar single-line part in Uttar Pradesh (Mirzapur, Sonbhadra) for 101.58 km.

Doubling between Mudkhed-Medchal and Mahbubnagar-Dhone part in Maharashtra (Nanded) for 49.15 km, Telangana (Nizamabad, Kamareddy, Medak, Wanaparthy, Jogulamba, Medchal-Malkajgiri) for 294.82 km, and Andhra Pradesh (Mahbubnagar, Kurnool and Dhone) for 73.91 km.

Quadrupling between Samakhiali and Gandhidham in Gujarat (Kutch) for 53 km.

Third line between Nergundi-Barang and Khudra Road-Vizianagaram in Odisha (Bhadrak, Jaipur, Khordha, Cuttack, and Ganjam) for 184 km, and Andhra Pradesh (Srikakulam, Vizianagaram, Visakhapatnam) for 201 km.

Son Nagar-Andal multi-tracking mission in Bihar (Gaya, Aurangabad) for 132.57 km, Jharkhand (Dhanbad, Giridih, Hazaribagh, Koderma) for 201.608 km, and West Bengal (Paschim Bardhman) for 40.35 km.

(With inputs from IANS)

August 17, 2023
Team Aminder Expands its Network of Teachers to 10,000 for Promoting Sustainable, Non-toxic and Clean Fitness Practices

Team Aminder, a distinctive on-line coaching program working worldwide, selling sustainable and clear health practices, as we speak introduced that it has expanded its footprint to a community of 10,000 academics in India. It’s a devoted group of academics who’re on a mission to remodel the lives of 1 billion people by educating them with sustainable, non-toxic, and clear health practices. Team Aminder is a one-of-its-kind of a group of academics who’re engaged on the important thing goal of making these 1 billion people self-dependent to meet their very own health objectives by rightly guiding them with their long-term purpose of reaching Prolonged wellness which different typical trainers are ignorant of.

Aminder Singh, Founder, and Director of Team Aminder

Mentored by the visionary Aminder Singh, TeamAminder’s enlargement goals to flip the extremely unorganized and misled health trade into an organized and additionally to help the FIT INDIA Movement initiative by the federal government of India. This program brings about behavioral modifications amongst people, encourages them to transfer in the direction of a extra bodily lively life-style, and assist them to preserve a self-sustaining health regime.

Mr. Aminder Singh as a visionary has all the time been researching and engaged on this unique purpose for the final 13 years along with his 30 years of expertise within the health trade. The health Guru has been altering the dynamics of the health trade throughout boundaries along with his fastest-growing group. His purpose is to goal people throughout borders and assist them follow genuine/Clean health for their desired objectives.

“Fitness isn’t about coaching; it’s about studying the science of well being and working towards it for extended wellness. In order to reshape the health trade and deliver a couple of wholesome society, we imagine that the unauthentic health tradition should be cleaned up and finally eradicated not solely in India however all internationally. I’m sure that we as a staff are heading in the right direction to deliver that transformation within the trade. Our distinctive applications have disrupted lives of people throughout age teams,” stated Aminder Singh, Founder, and Director of Team Aminder.

“We need to unfold consciousness on health, and make health attain each faculty, faculty/college, panchayat/village, create a platform for residents of India to share data, drive consciousness forward, and encourage sharing of private health tales,” he added.

In order to supply the very best high quality of coaching, Team Aminder created mentors as an alternative of trainers to elevate the significance of wellness and spotlight Health crises internationally. In the previous couple of years, Team Aminder has earned the respect of individuals all throughout the globe and continues to work to redefine the long run of health.

About Team Aminder

Aminder Singh is the founder of Team Aminder, which is a start-up with a singular on-line coaching program working worldwide. Team Aminder to goal 1 billion people and assist them follow clear health to obtain their focused health objectives and extended wellness. The concept behind the initiative is to give a lift to the Fit India Movement and set up a group of mentors who’re working in the direction of educating people and serving to them preserve a self-sustaining health regime.

July 20, 2023
UPU turns to India’s UPI for cross-border remittances using global postal network

Visiting Nepal? Soon you may make funds using BharatPe, PhonePe, Google Pay and Paytm

Ashwini Vaishnaw, Minister of Communications, Electronics & IT and Railways, on Tuesday met Director General of Universal Postal Union (DG UPU) Masahiko Metoki, who’s on a three-day go to to India for the inauguration of UPU Regional Office, mentioned furthering cooperation between Universal Postal Union and India Post.

The Universal Postal Union will consider UPI for integrating the unified cost interface with cross-border remittances using global postal network. This will handle some main pain-points reminiscent of excessive charges, gradual processing occasions, and restricted accessibility.

Ashwini Vaishnaw, Minister of Communications, Electronics & IT and Railways, with Masahiko Metoki, Director General of Universal Postal Union (DG UPU)

“During the interplay, DG UPU appreciated India’s growth of bodily put up places of work driving on the waves of digital infrastructure and advocated the replication of comparable fashions in different international locations. He additionally agreed to consider UPI platform for integrating it with cross-border cash remittance via postal channels,” an official launch stated on Tuesday.

Since UPI’s success mannequin is confirmed successfully inside India, using the identical for cross-border transactions is a step in the suitable route.

Ashwini Vaishnaw, Minister of Communications, Electronics & IT and Railways, with Masahiko Metoki, Director General of Universal Postal Union (DG UPU)

Vaishnaw additional shared that the transformation of the put up places of work right into a digitally powered network is able to doorstep supply of presidency companies in distant areas.

Through this collaboration, there’s a big potential to revolutionise cross-border remittances and form the monetary panorama for the world.

July 18, 2023
Soorty Joins the CIRCULOSE® Supplier Network, Reinforcing Commitment to Circular Fashion Solutions

(UNITED STATES – July 15, 2023) — Soorty, a world denim producer devoted to minimizing environmental and social impression, is proud to announce its membership in the lately launched CIRCULOSE® Supplier Network (CSN). The CSN, spearheaded by Renewcell, a textile recycling innovator, contains forty-seven yarn and textile producers dedicated to driving the round financial system ahead by making certain a gradual provide of CIRCULOSE® to the market.

Circular options are important for the style trade’s sustainability and moral improvement, and Soorty is at the forefront of providing such options. As a part of the CSN, Soorty is now in a position to present a constant provide of RCS-certified CIRCULOSE® to its clients. This membership additional strengthens Soorty’s dedication to reworking its provide chain into a price chain and constantly enhancing round options by way of accountable innovation.

Soorty’s strategy to circularity in style extends far past its involvement in the CSN. For years, Soorty has utilized post-consumer waste (PCW) and post-industrial waste (PIW) in its material developments. With steady investments in spinning expertise and in depth experience in denim making, Soorty possesses a wealth of information in the discipline. By leveraging this experience, Soorty affords recycled fiber options by way of its recycling initiative, Second Life. These options make use of high-quality supplies and sensible processes that complement the design-for-purpose mindset which prioritizes longevity and sturdiness in Soorty’s merchandise.

Education additionally performs a significant function in Soorty’s circularity efforts. Through its platform of clear data Future Possibilities, Soorty creates a room of training on accountable manufacturing and consumption, each on a web-based stage and in addition on an offline stage by way of occasions, sponsorships, seminars, and extra. Educating all stakeholders, together with younger designers, college students and finish shoppers, Soorty actively contributes to decreasing our environmental and social footprints all through the total product life cycle.

Additionally, Soorty actively displays, controls, and optimizes its personal impression on the surroundings and society, and moreover its partnerships with globally famend sustainability teams, they’re additionally creating its personal calculator to additional improve its LCA research and guarantee to present sustainable innovation through data-driven data.

Soorty’s wide selection of purpose-designed merchandise displays its dedication to acutely aware supplies and processes. By using these merchandise, shoppers could make knowledgeable and purpose-driven sustainable decisions whereas having fun with trendy and sturdy clothes.

Neel Achary

July 15, 2023
Fictiv Launches Bengaluru, India Operation as the Next Major Hub in its Expanding Global Manufacturing Network

Bengaluru, July 12, 2023: Fictiv immediately introduced a main milestone on its path to changing into the world’s working system for customized manufacturing with the opening of its India-based headquarters in Bengaluru. After an preliminary launch in Pune and constructive suggestions from its buyer base on the benefits supplied by the area, the firm is formalizing its funding in India as its third manufacturing hub — the first of its sort in the area — becoming a member of its profitable operations in the United States and China.

“Fictiv’s mission is to assist product firms simplify sourcing and achievement for customized manufacturing. We are constructing the digital infrastructure that connects a extremely fragmented community of world suppliers by means of a single expertise platform, to assist firms construct {hardware} at the velocity of software program,” mentioned Dave Evans, Co-Founder and CEO of Fictiv. “India has confirmed to be an rising epicenter of R&D, manufacturing expertise, and provide chain excellence. So we’re thrilled to increase and formalize our funding right here in order to attach our prospects to the wealth of manufacturing expertise in India, join India’s producers to the world, and strengthen industrial provide chains worldwide.”

To lead its operations in India, Fictiv has appointed Uday Shenoy as General Manager. Shenoy brings over twenty years of expertise to the position, together with provide chain and manufacturing operational information from such famend organizations as Tata Advanced Systems Ltd., Bombardier Aerospace, Hindustan Aeronautics Ltd., and HCL Technologies. He holds a Bachelor’s diploma in Mechanical Engineering from the Bangalore Institute of Technology and a PMP certification from the Project Management Institute, U.S.A.

“I’m thrilled to affix such an progressive group dedicated to creating agile, high-quality manufacturing providers accessible on a world scale utilizing its groundbreaking digital manufacturing platform,” mentioned Shenoy. “As General Manager of Fictiv India, my focus will probably be to rent the strongest manufacturing and engineering expertise, entice quality-focused manufacturing companions, and uphold Fictiv’s values of service-mentality and creator spirit. With this purpose in thoughts, we intention to recruit and nurture 100 gifted people for our new Bengaluru headquarters inside the subsequent 18 months. We’re excited to develop all through India, supporting our nationwide mission to make in India and make for the world.”

Joining Fictiv’s thriving engineering middle in Pune, the new regional headquarters in Bengaluru will serve as the manufacturing operations hub for India, staffing Fictiv-employed manufacturing engineers, logistics coordinators, provider high quality engineers, and strategic sourcing managers, amongst different key capabilities.

Since its founding in 2013, Fictiv has performed a pivotal position in serving to over 3,200 firms launch new merchandise with unprecedented velocity and high quality. Fictiv has obtained a complete funding of $192 million from traders together with Bill Gates, Honeywell, and Intel Capital, and has manufactured greater than 20 million elements up to now. The firm has been featured on NBC, Forbes, TechCrunch, and Business Insider and was acknowledged as a 2022 Best in Business manufacturing firm by Inc Magazine.

To be taught extra about Fictiv and discover profession alternatives, please go to the firm’s web site and careers web page.

July 12, 2023