City Today News (City today.media)

150 million US dollars investment by Lubrizol in India

Posted on June 21, 2023 by City Today News (City today.media)

June 20, 2023 – The Lubrizol Corporation, a global leader in specialty chemicals, is advancing its commitment to continued growth in India with several significant projects across its portfolio. The company is pledging more than 150 million USD of in-region investment, including breaking ground on India’s largest CPVC resin plant in Vilayat, Gujarat, doubling capacity at its site in Dahej, Gujarat, opening a grease lab in Navi Mumbai and enabling significant in-country job growth and innovation.

“India is among the fastest-growing global economies with a favorable climate for business investment, including regional growth in many of the industries we support,” said Lubrizol President and CEO Rebecca Liebert. “We are building on 50 years of success in India by adding new manufacturing, lab and R&D sites, supporting in-country innovation and adding jobs that capitalize on the great expanding workforce and business conditions in India, allowing us to serve needs not only in India but in surrounding countries.”

Lubrizol’s work in India dates back to 1966 when the company initiated in-region manufacturing for chemical additives supporting transportation and industrial markets. It’s expanded significantly since that time, supporting a wide variety of industries through products and solutions purpose built for the region.

The company has been steadily growing its employee base in India with roles supporting both regional and global needs. It expects to enable 4,000 direct and indirect jobs through several new investment projects:

· Enabling World’s Largest CPVC Resin Production with Grasim Industries Limited. In 2001, Lubrizol introduced CPVC into the India market, which has represented a significant economic development opportunity for the region. Today India is amongst the largest consumers of CPVC, primarily in the form of plumbing pipe and fittings, and growing needs for clean water in all residential and commercial buildings will drive continued growth. Lubrizol and Grasim Industries Limited, a flagship company of the Aditya Birla Group, will break ground on the first phase of a 100,000 metric-ton state-of-the-art CPVC resin plant at Grasim’s site in Vilayat later this year. This will be the largest single-site capacity for CPVC resin production globally. The CPVC resin produced at Vilayat will enable product sold under Lubrizol’s FlowGuard® Plus, Corzan® and BlazeMaster® brands.

· Providing Access to Clean Drinking Water by Doubling CPVC Capacity, Establishing R&D Capabilities in Dahej, Gujarat.
Lubrizol will double its existing CPVC compound capacity at Dahej, Gujarat, from existing 70,000MT to 140,000MT. Lubrizol also plans to setup a local R&D center, which will be its second global R&D center after North America. With this investment, Lubrizol becomes the only company in India with end-to-end CPVC capability and well poised to serve the needs of local Indian customers. This capacity will also cater to neighboring high growth markets like Nepal, Bangladesh and Indonesia.

· Supporting Transportation, Industrial Customers Across the World with Mumbai India Grease Lab, Turbhe Expansion.
Lubrizol is committed to supplying alternative high-performance, cost-effective industrial grease-thickening solutions to grease manufacturers around the world. Earlier this year Lubrizol announced the opening of a new grease lab in Navi Mumbai, India, to support the testing and development of calcium sulfonate greases with strong potential in the industrial grease market. Since 2020, the company’s Additives business has introduced more than 35 new blends for transportation and industrial applications localized in India, adding a new storage facility and filtration capabilities at its production site in Turbhe.

· Meeting Personal Care, Home Care Needs of a Growing Middle Class and Doing it Sustainably.
As the middle class in India continues to expand, demand is increasing for beauty and home products in region. As a leading partner for the beauty and home care industries, the company will continue to innovate sustainable solutions unlocking in-region opportunities for its partners. As a recent example, using detergent bars is a common practice for cleaning dishes and laundry in India. While these bars are economical, they can become soft and lose their usefulness if they remain wet for too long, leading to inconsistent cleaning and significant waste. The Lubrizol Home Care team established a Center of Excellence for laundry bars in Mumbai, part of which helped a global home care leader meet its sustainability goals while streamlining processes, earning Lubrizol a sustainability award from the customer earlier this year.

In addition to these significant projects, the company plans to continue to invest in Centers of Excellence capabilities in the years ahead to capitalize on the growth opportunity within the region.

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DISNEY AND VESPAAn exciting collaboration

Posted on June 21, 2023 by City Today News (City today.media)

Milan, 21st June 2023: Two iconic brands meet in a limited edition collaboration that celebrates a very special anniversary: Vespa presents Disney Mickey Mouse Edition by Vespa.

The two brands have always been in the zeitgeist thanks to an iconography made up of unmistakable shapes and colours, with Vespa valuing freedom and fun, shared with Disney’s values of storytelling and escapism this makes for the perfect collaboration. The über-famous scooter recently became the very materialization of dreams in the fantastic adventures of Luca, Disney and Pixar’s animation masterpiece.

Today these two timeless icons come together on a special project for Disney100, with Vespa paying homage to this anniversary through a global collaboration of the two unique brands with a Disney Mickey Mouse Edition by Vespa.

Vespa is more than just way of transportation, it is a way of life: the extension of a rider’s personality, of their history and journey. A wonderful travel companion that, in this special edition, sets the imagination free and encourages us to dream big.

Michele Colaninno, Chief Executive of global strategy, product, marketing, and innovation of the Piaggio Group, commented on this collaboration as follows: “Dreams allow us to look to the future with optimism, even in complex times such as these. A timeless icon like Vespa could not fail to celebrate, on this very special occasion of Disney’s 100th Anniversary, an equally everlasting icon like Mickey Mouse, with a tribute to creativity, imagination, light-heartedness, and fun – the very values that have always anchored Vespa. Today, as then. This collaboration between Vespa and Disney represents the celebration of two historic companies that have a common dream: to allow everyone to express their imagination freely.”

Claire Terry, Senior Vice President, Disney Consumer Products, Games & Publishing EMEA said, “Just like Mickey Mouse, Vespa is a cultural icon, evoking a sense of fun and adventure and together they form a wonderful combination, truly extending our timeless storytelling. We are incredibly excited to bring this version of the iconic scooter to our fans in our centenary year and bringing all of Mickey’s charm and personality to road trips wherever people want to go!”

For this collaboration, the Vespa Primavera 50cc, 125cc and 150cc are coloured black, red, white and yellow: the same hues that have characterised Walt Disney’s most famous mouse for decades. The yellow wheels are reminiscent of Mickey Mouse’s shoes, while the black mirrors recall his unmistakable round ears. A graphic pattern outlining the character’ silhouette decorates both sides of the scooter as well as the front. Finally Mickey Mouse’s signature could not be missed, featured on both the saddle and the front shell.

Disney Mickey Mouse Edition by Vespa comes with a matching helmet in the same stunning colours.

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TrafficGuard raises $6.5 million via strongly supported placement

Posted on June 20, 2023 by City Today News (City today.media)

In addition to the latest funding Trafficguard has onboarded India Gifting Portal(IGP) and RupeeRedee

20 June, Bangalore: TrafficGuard, an omnichannel ad verification platform, today announces that it has launched a $9 million capital raise with $6.5m cornered via a strongly supported and upsized two-tranche share placement (Placement) to existing long-term sophisticated investor shareholders and new high quality institutional shareholders. The placement will witness the firm issuing a total of 135,416,666 new fully paid ordinary shares in two tranches.

Highlighting the importance of the fresh capital, Mathew Ratty, CEO and Co-Founder, of TrafficGuard said, “In the modern era where brands are busy embracing digital transformation, the rise of new-age bots, SDK spoofing and click spamming has fueled the growth of advertising fraud. Today, ad fraud is costing advertisers a staggering $127 billion per year. To combat these issues, modern-day advertisers desperately need innovative, tech-enabled solutions to measure and verify traffic. This is where TrafficGuard has carved its niche as one of the most-preferred partners to several well-known, multi-billion dollar global enterprises in their bid to curb faux engagement, reduce ad spend and unlock the best advertising results.”

“We, at TrafficGuard, have grown exponentially on the back of our customer-centric approach and meticulous efforts to raise awareness among marketers pertaining to ad fraud and best practices to negate it. And, the latest funding is a testament to the hard work of our dedicated team of engineers and data scientists in creating award-winning products. Aligned with our long-term vision of aiding global brands, the funding will not only contribute to our enterprise level strategy but also play a pivotal role in monetising our self-serve product consisting of youtube, search, display, discovery, etc. With over 4,500 sign ups on our freemium version, we look forward to rolling out our new reporting suite to the mass markets,” he added.

In what appears to be a lucrative opportunity for its shareholders, TrafficGuard will also be seen rolling out an optional Share Purchase Plan (SPP) which will exclusively allow eligible shareholders to purchase up to $30,000 worth of shares at the same issue price as the Placement regardless of the size of their shareholding, sans any brokerage or transaction costs. The SPP will be integral in the company’s vision to raise up to $2.5 million.

TrafficGuard, with the proceeds from the Placement and the SPP, aims to fund processes to streamline the company’s pipeline of enterprise customers, vital enhancements to its products, development of new product features and capabilities; and sales and marketing initiatives to further grow its customer base.

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CMR Mill point ವ್ಯವಸ್ಥೆಯನ್ನು ರದ್ದುಗೊಳಿಸಿರುವುದರಿಂದ ಭತ್ತ ಶೇಖರಣೆಯಾಗದೆ ರೈತರಿಗೆ ತೊಂದರೆ

Posted on June 20, 2023June 20, 2023 by City Today News (City today.media)

ಕರ್ನಾಟಕ ರಾಜ್ಯ ಅಕ್ಕಿಗಿರಣಿದಾರರ ಸಂಘದ ಸದಸ್ಯರು ದಿ:19.06.2023ರಂದು ಸಭೆ ಸೇರಿ ಈ ಕೆಳಕಂಡ ವಿಷಯಗಳ ಬಗ್ಗೆ ಚರ್ಚಿಸಿ ತೀರ್ಮಾನ ತೆಗೆದುಕೊಳ್ಳಲಾಗಿದೆ. ತಮ್ಮ ಉದ್ಯಮಗಳು ಬಹಳಷ್ಟು ತೊಂದರೆ ಅನುಭವಿಸುತ್ತಿದ್ದು ಮುಂದಿನ ದಿನಗಳಲ್ಲಿ ಉದ್ಯಮಗಳನ್ನು ನಡೆಸಲು ಸಾಧ್ಯವಾಗದ ಕಾರಣ ಸರ್ಕಾರಕ್ಕೆ ಗಮನ ತರಲು ಉದ್ದೇಶಿಸಿ ಪತ್ರಿಕಾ ಗೋಷ್ಥಿ.

1. ರಾಜ್ಯ ಸರ್ಕಾರದ ಸಚಿವ ಸಂಪುಟದ ನಿರ್ಣಯದಂತೆ A.P.M.C. ಕಾಯ್ದೆ ರದ್ದತಿಯನ್ನು ಸರ್ಕಾರದ ನಿಲುವಿನಂತೆ ಅಕ್ಕಿ ಗಿರಣಿದಾರರು ಕೂಡ ಕಾಯ್ದೆ ಅಡಿಯಲ್ಲಿ ಸೇರಿಸಿದ್ದಲ್ಲಿ ಅಕ್ಕಿಗಿರಣಿಗಳನ್ನು ನಡೆಸಲು ಸಾಧ್ಯವಾಗುವುದಿಲ್ಲ ಮತ್ತು ಮುಂಬರುವ ದಿನಗಳಲ್ಲಿ ಪೂರ್ಣ ಸ್ಥಗಿತಗೊಳ್ಳುವ ಸಂಭವವಿರುತ್ತದೆ. ಈ ಕಾರಣದಿಂದ A.P.M.C. ಕಾಯ್ದೆಯಿಂದ ಅಕ್ಕಿ ಗಿರಣಿದಾರರನ್ನು ಸಂಪೂರ್ಣವಾಗಿ ಹೊರತುಪಡಿಸಿ ಕಾಯ್ದೆಯನ್ನು ಮಾಡತಕ್ಕದ್ದು.

2. ಇತ್ತೀಚಿನ ವಿದ್ಯುತ್ ದರಗಳ ಅತಿಹೆಚ್ಚು ಏರಿಕೆ ಅವೈಜ್ಞಾನಿಕವಾಗಿದ್ದು ಅಕ್ಕಿಗಿರಣಿ ಕಾಲೋಚಿತ ಉದ್ಯಮ (Seasonal) ಆಗಿದ್ದು ಮತ್ತು ರಾಜ್ಯದ ಅತಿದೊಡ್ಡ ಗ್ರಾಮೀಣ ಉದ್ಯಮವಾಗಿರುವುದರಿಂದ ಈ ಏರಿಕೆ ಬಹಳಷ್ಟು ಹೊರೆಯಾದ ಕಾರಣ ತಕ್ಷಣ ಏರಿಕೆಯನ್ನು ಹಿಂಪಡೆಯಬೇಕು.

3. ರಾಜ್ಯದಲ್ಲಿ ನಡೆಯುತ್ತಿರುವ Custom Milling Rate(CMR) ವ್ಯವಸ್ಥೆಯಡಿಯಲ್ಲಿ ಅಕ್ಕಿಗಿರಣಿದಾರರು ಸರ್ಕಾರದ ಅನ್ನಭಾಗ್ಯ ಯೋಜನೆಗೆ ಎಲ್ಲಾ ತರಹದ ಸಹಕಾರ ನೀಡಿದ್ದರೂ ಸಹ ಕಳೆದ ಎರಡು ವರ್ಷಗಳಿಂದ ಸರ್ಕಾರ ಮತ್ತು ಅಧಿಕಾರಿಗಳ ಅವ್ಯವಸ್ಥೆಯಿಂದ ಸಿ.ಎಂ.ಆರ್. ಪ್ರಕ್ರಿಯೆ ಸ್ಥಗಿತಗೊಂಡಿದ್ದು ಗಿರಣಿದಾರರಿಗೆ ಖರ್ಚುವೆಚ್ಚಗಳನ್ನು ಕೊಡದೆ ಮತ್ತು ಬಾಕಿ ಹಣ ಪಾವತಿಸದೆ ಗಿರಣಿದಾರರನ್ನು ಸಂಕಷ್ಟಕ್ಕೆ ಸಿಲುಕಿಸಿರುತ್ತಾರೆ.

4. CMR Mill point ವ್ಯವಸ್ಥೆಯನ್ನು ರದ್ದುಗೊಳಿಸಿರುವುದರಿಂದ ಭತ್ತ ಶೇಖರಣೆಯಾಗದೆ ರೈತರಿಗೆ ತೊಂದರೆಯಾಗಿರುತ್ತದೆ. ಇದರಿಂದ ರಾಜ್ಯದ ಭತ್ತ ಹೊರರಾಜ್ಯಗಳಿಗೆ ಸಾಕಷ್ಟು ಪ್ರಮಾಣದಲ್ಲಿ ಹೊರಹೋಗಿರುತ್ತದೆ. ಆದ್ದರಿಂದ ಸರ್ಕಾರ, ರೈತರು ಮತ್ತು ಗಿರಣಿದಾರರಿಗೆ ಅನುಕೂಲವಾಗಿರುವ Mill point ವ್ಯವಸ್ಥೆಯನ್ನು ಮರು ಜಾರಿಗೆ ತರಬೇಕು..

ಈ ಮೇಲ್ಕಂಡ ಸಮಸ್ಯೆಗಳಿಗೆ ತಕ್ಷಣ ಪರಿಹಾರ ಸಿಗದಿದ್ದಲ್ಲಿ ರಾಜ್ಯಾದ್ಯಂತ ಅಕ್ಕಿಗಿರಣಿದಾರರು ಗಿರಣಿಗಳನ್ನು ಸ್ಥಗಿತಗೊಳಿಸಲಾಗುತ್ತದೆ ಎಂದು ತೀರ್ಮಾನಿಸಿದ್ದೇವೆ ಎಂದು ಪರಣ್ಣ ಮುನವಳ್ಳಿ ಅಧ್ಯಕ್ಷರು ಮತ್ತು ಎಸ್. ಶಿವಕುಮಾರ್, ಕಾರ್ಯದರ್ಶಿಗಳು ಪ್ರೆಸ್ಸ್ ಕ್ಲಬ್ ಆಫ್ ಬೆಂಗಳೂರಿನಲ್ಲಿ ನಡೆದ ಪತ್ರಿಕಾ ಗೋಷ್ಥಿಯಲ್ಲಿ ತಿಳಿಸಿದರು

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Healthy Baby Competition on 2d July 2023 – CUTE KIDS CARNIVAL

Posted on June 19, 2023 by City Today News (City today.media)

Organising Healthy Baby Competition on 2d July 2023.

Surya Kirana Foundation® is established during the year 2000 with a sole intention of serving the humanity, We are recognised by NITI Aayog, Central Government of India, Certified with CSR-1 from Ministry of Corporate Affairs and Recognition from International Wonder Book of Records.

Now we are organising a “Healthy Baby competition-2023” – CUTE KIDS CARNIVAL on Sunday, 2nd July 2023 from 9.30 AM onwards in “Vasavi Vidayanikethan Trust/School”, #3 Vani Vilas Road, V.V. Puram, Bangalore-4 under the supervision and guidance from Doctors from Indira Gandhi Institute of Child Health and Bangalore institute of Dental Science and Hospital, Bangalore. Kids between 3 months to 5 years are eligible to participate along with both parents. Doctors will examine the kids from multiple angles and decide 23 “CUTE KIDS AWARDS-2023” for highest scored kids by evening.

In case parent’s wishes to have separate counselling, the senior Doctors will attend them. This is a Golden opportunity for the kids to participate with their parents.

Every participating kid will get a Gift Hamper & participation certificate. We are also donating 100 National Brand unbreakable plastic Chairs to Indira Gandhi Institute of Child Health on this occasion for medical education purpose.

We kindly request you to publish an article in your esteemed Newspaper / to cover in Electronic Media in tomorrow’s Bangalore Edition, so it enables the general public to participation in this great event. Last date for registration is 28-JUN-2023 said R. Ramesh, Founder Secretary, Surya Kirana Foundation® at press meet held at press Club of bangalore.

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