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The push towards electrification and modernisation of electrical grids has been amongst the forefront of government initiatives post Covid-19. By manufacturing key components that go into electric vehicles (EVs), battery management systems (BMS), smart meters and switchgears, amidst others, Shivalik Bimetal Controls (SBCL) has been quietly making its presence felt with a 130 per cent return for its investors, in the last three years. Broadly operating under three revenue verticals – thermostatic bimetals, shunt resistors and electrical contacts – all critical components and consumables in above-mentioned sunrise sectors, SBCL’s revenue/ EBITDA/ PAT has grown at a strong CAGR of 21 per cent/ 24 per cent/ 28 per cent in the last five years. The company also has a net cash position as of H1 FY25. One of the very few vendors with the niche capability of manufacturing specialised shunts using electron beam welding (EBW) process, the company has no peers in India with similar comparable manufacturing prowess. The temporary slowdown from the US markets is expected to pick up pace from Q4 of FY25, based on positive enquiries from its largest customer. Nevertheless, the growth in other geographies has outshone the degrowth in the US in H1 FY25, indicating resilience in demand for its products. Trading at a TTM PE of around 41 times, the share price of the company has largely stayed flat in the last 12 months. And with the stock having corrected around 25 per cent from its peak in July 2023, investors could consider accumulating the stock on dips considering the above factors. SBCL, incorporated in 1984, set up the first plant in Asia to manufacture thermostatic bimetals in 1986. The company launched cathode ray tubes (CRT) in the 1990s, which found applications in CRT TVs. With the same being superseded by flat LCD, LED type TVs, this product became gradually obsolete since FY11 resulting in stagnation in revenue upto FY14. But with the launch of shunt resistors and renewed focus on thermostatic bimetals, SBCL revived its business, building capabilities in advanced and complex manufacturing technologies like EBW and diffusion bonding. Currently, shunts and bimetals contribute to around 45 per cent each to the topline, while electrical contacts bring in the rest. Thermostatic bimetals, used as part of overload protection devices, find application in switchgears, electrical appliances, medical devices and EVs. It helps the end-use machineries turn on or off when it gets too hot or too cold. The company manufactures around 75-plus grades in this space. Shunt resistors help measure and sense the flow of electricity in a circuit. These find critical applications in automobiles, smart meters, power modules and BMS. Currently, SBCL operates the world’s largest capacity and production of electronic beam welding, by which the company manufactures shunts. Shunts are relatively higher margin products and enjoy a 3-5 per cent delta over bimetals, EBITDA-wise. Electrical contacts are connecting points joined to copper wires, which are the contact points when we turn on and off switches, used across electrical appliances, smart meters, switchgears and wires, and accessories. This is lower on the margin profile when compared with the other two products. H1 FY25 saw revenue decline of 0.9 per cent year on year to ₹252.6 crore, despite a nominal volume growth of around 3 per cent. A similar trend was observed in FY24 as compared with FY23, where despite around 9 per cent volume growth, revenue growth came in at a lower 8 per cent. This trend is on the back of commodity prices – primarily, copper and nickel which account for around 50 per cent of total costs – softening from January 2023. Price of copper and nickel have corrected around 5 per cent and 48 per cent since January 2023. While copper prices have been volatile during this period, nickel has been largely on a downward slope. EBITDA margins too dropped year on year owing to fall in export volumes from around 60 per cent in H1 FY24 (and entire FY24) to 55 per cent in H1 FY25, an unfavourable product mix with volumes of shunt dropping as a percentage of the overall volumes, and electrical contacts coincidentally growing in volume. Recovery on this front is expected from rebound in shunts business and export volumes. Bimetals sales to Europe and the Rest of Asia de-grew 24 per cent and 31 per cent year on year in H1 FY25, while India and the US showed a bit of resilience but still dropped 3 per cent and 5 per cent year on year respectively, resulting in a net 11 per cent decline. India continues to be the biggest market for this segment. Shunt segment, however, saw Europe, India and the Rest of Asia grow around 40 per cent each year on year, while US de-grew 33 per cent, still reeling from inventory destocking. Despite the US traditionally being the largest market in this segment, growth in other markets helped the shunts business grow 3 per cent year on year in H1 of FY25. Smart meter as an end-use segment contributed to around 30 per cent of the shunt sales in H1 FY25, and automotive sector added another 60 per cent. In case of bimetals, switchgear segment contributed to around 80 per cent of the sales, while spiral coils, snap-action disks brought in the rest. The company incurred a capex of ₹75 crore over FY21-23. And with another ₹20-30 crore that will be spent over FY24-26 for brownfield expansion, the peak revenue potential, according to the management, is ₹1,600 crore, which is more than three times its FY24 revenue. Thus, no investments are required over the short-to-medium term in the ordinary course of business. SBCL also boasts of machine building capability of critical processes at a cost which is a fraction of global alternatives. Considering the critical applications of its products, customers often have detailed and lengthy approval cycles (around three-five years). And as SBCL also works closely with its customers, and its offerings are significantly customised (around 75 per cent of its total offering), the switching costs for a customer is high and at most times, tedious. Vishay Intertechnology (tier-3 player in the automotive sector), a leading American semiconductor and electronic components manufacturer is SBCL’s largest customer. About 40 per cent of its shunt business and 30 per cent of its bimetal business came from the top 5 customers in each segment in FY23 (latest data available). The ratio of costs of shunt resistors to cost of end-use machineries into which they are consumed such as EVs and smart meters is immaterial (around 1 per cent) and hence, customers prefer to outsource it than backward integrate. And the critical applications of these components also result in emphasis on quality than tiny cost differentials, which also bodes well for SBCL over the long term. Demand from the automotive segment, though currently impacted by slowdown in the US markets, is expected to be strong considering EVs touted to need around 8-16 times more shunt resistors than ICE vehicles. And shunt resistors find various use-cases in BMS and EMS too, signalling bright prospects. Smart meter segment continues to grow rapidly for the company, with both shunt resistors and electrical contacts in demand with the government of India’s Smart Meter National Programme aiming to replace 250 million conventional meters by 2027. The switchgear segment, on the other hand, is expected to remain robust with sustained efforts to modernise grids and again electrification. SBCL, thus offering a proxy play to three sunrise sectors, seems to be well placed to ride the tailwinds. On September 27, the Sandhu family – co-promoters – exited the company. This exit has resulted in the remaining promoter (and also, the managing promoters) – the Ghumman family – raising its stake from 25.5 per cent to 33.15 per cent and the entry of institutional investors in a big way (from around 2 per cent prior, to 20 per cent now). The exiting promoter had been selling minor stakes since June 2023 and this complete exit clears the cloud around such promoter stake-selling. The company had entered a MoU with Metalor Technologies, a leading Swiss electrical contacts manufacturer, in FY24, to explore the development of high-performance electrical contacts. But the arrangement has not worked out, and SBCL is considering alternates or to drop out from the same, quoting that significant investments might be required to work the arrangement, which seemed unattractive. CommentsNone
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GREENSBORO, N.C.--(BUSINESS WIRE)--Nov 21, 2024-- Tanger® (NYSE: SKT) , a leading owner and operator of outlet and open-air retail shopping destinations, has earned additional recognition from national certification programs for taking steps to address climate change and enhance well-being at its centers. With these actions, Tanger now has achieved LEED certification for 20 centers, or 58% of its owned and managed portfolio by gross leasable area. Additionally, Tanger has expanded recognition of its centers as StormReady® and WELL Health-Safety Rated. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241121075293/en/ Tanger Outlets Nashville is the 20th Tanger shopping center to achieve LEED certification. The open-air outlet center in Nashville, Tennessee, which opened last year, was designed with extensive features – like on-site solar energy infrastructure – that help to address the impacts of climate change and enhance community well-being, in support of Tanger’s overall sustainability commitments. Photo credit: Tanger “As a key part of Tanger’s mission, we strive to deliver the best experience for all who shop, dine and work in and around our shopping destinations. Providing for the well-being of our communities through sustainable, healthy operations is a vital part of that commitment,” said Jessica Norman, Executive Vice President, General Counsel and Secretary for Tanger, who oversees the company’s environmental, social, and governance program and disclosures. “These recognitions from respected benchmark programs verify the steps we’ve taken to prepare our centers for the impacts of a changing climate and have positioned us to better serve the needs of our communities, in keeping with our core value to consider our communities first.” LEED Tanger Outlets Nashville in Tennessee has achieved LEED Silver® certification for Building Design and Construction (BD+C): Core and Shell Development from the U.S. Green Building Council. LEED® is the world's most widely used green building rating system, recognizing best-in-class building strategies and practices. With this certification, Tanger Nashville becomes the 20th shopping center in Tanger’s portfolio to be certified in the LEED program and Tanger’s third retail development to achieve BD+C certification for addressing carbon impacts in the design and construction process. Tanger Nashville’s transformational design supports sustainability through on-site solar energy production, water use reduction systems, low-emitting materials, lighting controls, electric vehicle charging, and more. The center fosters engagement and well-being through ease of access, walkability, green and gathering spaces, an extensive mural arts program, and restaurants, retail brands, and experiences that celebrate the local culture and community. Opened in October 2023, the development has also helped to revitalize the Southeast Nashville community that surrounds it, fueling job creation, economic health, and business growth in the area. Earlier this year, the Nashville chapter of the Urban Land Institute recognized Tanger Nashville with a 2024 Excellence in Development Award for being one of the best and most innovative projects in the region and for its positive impacts on the community. Tanger Nashville will next pursue LEED Gold® for Operations and Maintenance (O+M) certification, as will Bridge Street Town Centre, Tanger’s open-air lifestyle shopping destination in Huntsville, Alabama. Tanger has 18 other shopping centers that have achieved LEED Gold O+M certification (one of which also achieved BD+C certification), reflecting Tanger’s deep commitment to best-in-class, sustainable operations across its portfolio. StormReady Tanger has also taken steps to mitigate the potential impacts of severe weather on its operations, for the benefit of all who work and shop at its centers. Tanger partners with the U.S. Department of Commerce and National Weather Service to ensure its shopping centers are “StormReady” and has been recognized as a Weather-Ready Nation Ambassador of the National Oceanic and Atmospheric Association. These programs help communities strengthen local safety programs and preparation skills needed to protect lives and property in extreme weather and water events. The scenario-specific Weather-Ready plans Tanger maintains at its centers have helped its local team members remain safe and mitigate property damage during events like this year’s devastating hurricanes. In the wake of Hurricane Helene, Tanger’s center in Asheville, North Carolina, was well prepared to support the community, hosting emergency responders on-site and quickly restoring business operations to serve residents and business partners. WELL Health and Safety As part of its commitment to the well-being of people at its centers, Tanger achieved and has maintained the WELL Health-Safety Rating for Facility Operations and Management for all the shopping centers it owned and managed in the U.S. in 2022. This year, Tanger Outlets Nashville also achieved this Rating, and the two newest additions to Tanger’s portfolio, in Huntsville, AL, and Asheville, NC, are expected to achieve it in 2025. A component of the International WELL Building Institute’s WELL Building Standard, the WELL Health-Safety Rating recognizes owners and operators like Tanger that prioritize the health and safety of their team members, visitors, and stakeholders. Tanger also participates in the WELL at Scale program to maintain its WELL Ratings more efficiently and benchmark its health and well-being efforts across the portfolio. For more information about Tanger’s commitments to people, planet, and communities, please see the company’s 2023 Environmental, Social, and Governance Report, available on its investor relations website at investors.tanger.com/corporate-responsibility . About Tanger® Tanger Inc . (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outlet shopping industries. Tanger’s portfolio of 38 outlet centers, one adjacent managed center, and one open-air lifestyle center includes over 15 million square feet well positioned across tourist destinations and vibrant markets in 20 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 700 different brand name companies. For more information on Tanger, call 1-800-4TANGER or visit tanger.com . The Company uses, and intends to continue to use, its Investor Relations website, which can be found at investors.tanger.com , as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Additional information about the Company can also be found through social media channels. The Company encourages investors and others interested in the Company to review the information on its Investor Relations website and on social media channels. The information contained on, or that may be accessed through, our website or social media platforms is not incorporated by reference into, and is not a part of, this document. Forward-Looking Statements This release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, are generally identifiable by use of the words "believe," "expect," "intend," "anticipate," or similar expressions. These forward-looking statements are based upon the beliefs and expectations of management at the time of this release. You should not rely on forward-looking statements since they involve known and unknown risks and uncertainties which could cause actual results to differ materially from those presented in the forward-looking statements. Please refer to the documents filed by the Company with the SEC, including specifically the "Risk Factors" sections of the Company's Annual Report on Form 10-K for the year ended December 31, 2023, and the Company's other filings with the SEC, which identify additional factors that could cause actual results to differ from those contained in forward-looking statements. The Company does not undertake any obligation to update these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as may be required by law. View source version on businesswire.com : https://www.businesswire.com/news/home/20241121075293/en/ CONTACT: Media Contact Kasie Wilson KWT Global Tanger@kwtglobal.com Investor Relations Contact Doug McDonald SVP, Treasurer and Investments (336) 856-6066 TangerIR@tanger.com KEYWORD: NORTH CAROLINA TENNESSEE UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: CLIMATE CHANGE OTHER RETAIL COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY REIT PROFESSIONAL SERVICES ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) GREEN TECHNOLOGY RETAIL ENVIRONMENT SUSTAINABILITY SOURCE: Tanger Copyright Business Wire 2024. PUB: 11/21/2024 04:15 PM/DISC: 11/21/2024 04:15 PM http://www.businesswire.com/news/home/20241121075293/en
One of Davis’s most anticipated holiday season events, the University Farm Circle’s Holiday Home Tour, will return on Sunday, Dec. 15, from 10:30 a.m. to 4:30 a.m., featuring five beautifully decorated and uniquely appointed homes. The Holiday Home Tour is University Farm Circle’s largest fundraising event. In addition to being a philanthropic, educational, and social programs group, UFC proudly provides scholarships for undergraduate UC Davis students who have demonstrated outstanding academic and leadership achievements. The Holiday Home Tour will kick off with the sale of themed gift baskets donated by UFC members, which can be purchased at the boutique. The boutique opens at 10:00 a.m. The tours will be led by UFC docents who will guide attendees through five beautiful and magical Davis homes which will include: Attendees can visit the home tour boutique at Stonegate Country Club, 919 Lake Blvd, in Davis, starting at 10:00 a.m. This is also where they can pick up will-call tickets for the tour. UFC Holiday Home Tour tickets are $45 per person and can be purchased online at www.ufcdavis.org until midnight Dec. 14. Tickets can also be purchased at the Pence Gallery in Davis or from Embellish Décor in Woodland. For more information, contact Carol Rominger at carrom33@aol.com or Merrie Callinan at merriecallinan@gmail.com.Thousands demand lower rents at Barcelona demohas hit back at Australia's governing body after copping a lifetime ban for defecting to Great Britain. Richardson - who was born in England - represented Australia and won three medals for the green and gold at the Paris Olympic Games this year. However, he has since decided to turn his back on Australia and represent the country of his birth. Richardson's decision has caused a massive stir and resulted in AusCycling handing the 25-year-old a lifetime ban, which he has brutally described as "just words on a piece of paper (that) don't carry much weight for me." The star cyclist has already suited up successfully for Great Britain but said an AusCycling review that was released on Monday "was a bit of a shock". He added: "I didn't know it was coming," and "I guess they were just keen to get one last blow, a final word." AusCycling sought a worldwide two-year ban on Richardson after arguing that he threatened their intellectual property by taking his bike with him after Paris. But Richardson said he was never worried the worldwide ban would be enforced and said he kept the bike so as to not arouse suspicions about his defection to Great Britain. Richardson disputed the intellectual property charge that formed part of AusCycling's review and said his bike was just an off-the-shelf Argon anyone could buy. He insisted that he'd returned all AusCycling's equipment and only took it initially as not doing so would have aroused suspicions. "If I'd spoken to my coach and said, 'I'm going to spend six months in Europe to the end of the year, but I'm not going to bring any bike'. He would have gone, 'What are you doing then?'." As for the life ban, he said: "I knew a long time ago that that was never going to be upheld. That was just words on a piece of paper that, again, don't hold any weight." The two-time Olympian says he's "respectful" and "thankful" to AusCycling and argued that he repaid their investment with his results. And Richardson hoped in time that he and the governing body could "come to some sort of sort of understanding" about his switch. That could prove problematic after the bitterness in AusCycling's review which said he "acted in a way which conflicted with the values of AusCycling, the Australian national team and the broader cycling community". Richardson's response to the review is unlikely to help. Of his lifetime ban from AusCycling he said: "I thought it was pretty obvious that by wanting to ride for GB for the rest of my career, that would mean I didn't want to ride for Australia. It's almost like, you leave your job, and three months later they go, 'Yeah, well, you're fired'. 'Well, I already left.' It was just words on a piece of paper, and don't carry much weight for me." The drama comes after Richardson made a superb start to his career as a Team GB rider, beating Dutch ace Harrie Lavreysen in the opening round in both sprint and kierin at the weekend's UCI Track Champions League in Paris. Those results saw him reverse the standings from the Paris Games, with the pair set to meet again later in the week. Richardson - who was born in the UK but moved to Australia when he was nine - said "hearing the announcer call my name, representing Great Britain, was a really special moment". The 25-year-old said the move back to the country of his birth has been quite stressful though and that he's been "out of a suitcase for a few months". Matthew Richardson has now had his say on AusCycling's review In response to his lifetime ban from rejoining the squad, he said: "It’s almost like you leave your job, and three months later, they go, ‘Well, you’re fired!’" — Tom Davidson (@t_davidson) "I've just spent all day building furniture in my flat, trying to move into a new home... nothing about that to me is perfect preparation," Richardson said. "Although it may seem all sunshine and rainbows over here, it's been a stressful couple of months... "I've always been respectful to AusCycling and been very thankful for everything they did for me over the years. And, I really did think I repaid them with results. Unfortunately noise was created. But I sleep well at night knowing that that noise didn't come from myself. Hopefully, in years to come, myself and AusCycling can come to some sort of understanding, but for now I hope they've had their last word, we can put it to bed and enjoy riding in circles."
1 of 1 2 of 1 Get the best of Vancouver in your inbox, every Tuesday and Thursday. Sign up for our free newsletter . UBC’s Phil Lind Initiative is bringing its speaker series back to the Chan Centre for the Performing Arts in 2025. The theme—What It Means to Be “American”: Navigating Identity in a Changing Nation—examines the complexities of identity in the United States amid the political and social upheaval of a second Trump presidency. Focusing on historical legacies, cultural narratives, and current events, the series confronts the evolving definition of what it means to belong in America today. From provocative art installations to insightful talks, the lineup includes thought leaders and creators tackling issues such as systemic inequality, technology’s power, and colonialism’s lasting effects. Here are the lineup details. The Bomb by Smriti Keshari and Eric Schlosser Kicking off the series is an immersive multimedia experience by filmmaker Smriti Keshari and writer Eric Schlosser. This installation uses archival footage, animation, and an electronic score to explore the precarious realities of nuclear weapon systems. When: January 16, 6:30pm Tickets: Available December 19 Adam Kinzinger Former congressman Adam Kinzinger will offer a firsthand look at the fractures within the GOP. As one of only two Republicans on the January 6th Select Committee, Kinzinger has become a prominent voice against Trumpism. When: February 13, 6:30pm Tickets: Available January 9 Ziwe Comedian, writer, and cultural commentator Ziwe brings her bold satire to the stage. Known for her provocative interviews and viral moments, Ziwe confronts uncomfortable truths about race, power, and identity in America. When: March 13, 6:30pm Tickets: Available January 30 Raven Chacon Composer Raven Chacon challenges narratives of colonialism through music and visual art. His Pulitzer Prize-winning composition Voiceless Mass underscores the erasure of Indigenous voices, while his use of nontraditional instruments like axes and rifles powerfully comments on history and place. When: March 27, 6:30pm Tickets: Available February 13 Heather Cox Richardson Historian Heather Cox Richardson concludes the series with insights from her daily newsletter, Letters from an American . Her latest book, Democracy Awakening , explores the threats to American democracy historically, offering a timely perspective on the nation’s challenges. When: April 10, 6:30pm Tickets: Available February 27Braille: A language of empowermentChennai grapples with a pressing urban challenge: its stray dog population. Residents report frequent encounters with aggressive packs. The issue spotlights public safety, especially of children, the elderly, and gig workers. In response, the Greater Chennai Corporation is expanding its sterilisation programme under the Chennai-Care for Animals Project. Three modern animal birth control centres are set to help the civic body ramp up sterilisation. In its second general body meeting report, the Alliance of Residents’ Welfare Associations (AORWA) claims a significant increase in the stray dog population in the city. A recent survey put the ratio of stray dogs to residents at 2:100, points out the report. It says the World Health Organization has recorded 20,000 deaths in India due to rabies from dog bites in the past year. The report also points to the incidents of stray dogs attacking and harassing residents, especially children and the elderly. Online discussions and social media posts by residents highlight rising encounters with aggressive dogs, especially for delivery executives who work at night. Call for different approach While the authorities in south and central Chennai have initiated sterilisation programmes, residents say these efforts may not be enough to curb the stray dog population. They have called for a different approach to tackling the issue: more sterilisation; strict regulation of pet ownership; and severe penalties for abandoning pets and irresponsible breeding practices. Some suggested utilising veterinary college students to assist in sterilisation procedures and implementing a trap-neuter-release programme for non-aggressive dogs. Sheridon, a feeder in Chennai, who suffered a dog bite once, says more than 90% of the residents are unaware of the animal birth control procedures. He calls for public action. He cites a recent incident in which a breed dog was abandoned. Subsequently, the dog turned ferocious in an unfamiliar environment and attacked people. While the immediate measure, resorted to even by the police, was to hand over the dog to Blue Cross, Mr. Sheridon says people must know that the Greater Chennai Corporation runs animal birth control centres, where dogs can be spayed. He also points to the importance of responsible pet ownership and the consequences of abandoning pets. Consistent feeding and healthy diet As for people discouraging feeders, he says undernourished dogs are not the primary cause of over-population. “Even without regular feeding, dogs will multiply and scavenge. Consistent feeding and ensuring a healthy diet are important. Along with this, regular animal birth control surgeries and check-ups need to be done by feeders and people,” he says. By explaining to people the behaviour of dogs and the role of feeding in creating friendly dogs, feeders can dispel the myths, Mr. Sheridon says. The feeder says that there are almost no unprovoked attacks by dogs — unless they have been infected or hurt. People may not have instigated an attack; the attack may be the result of their shooing them off. “In such situations, remaining calm, avoiding eye contact, and minimising movement can help to ease the situation,” he suggests. Mr. Sheridon opposes the idea of impounding stray dogs, citing the high cost of maintenance. He urges individuals to take responsibility for their pets and contribute to community-based solutions for managing stray dogs through NGOs and residents’ welfare associations. However, Nagarjunan J.M.S., of the AORWA, says dogs roaming in packs are tough for people to handle. He calls for a policy to impound stray dogs. The Greater Chennai Corporation is yet to inaugurate three additional animal birth control centres of which construction completed recently. These centres have come up under the Chennai-Care for Animals Project, which is part of Singara Chennai 2.0. According to the Corporation’s Public Health Department, these centres, located at Lloyd’s Colony, Kannammapet, and Pulianthope, will be opened after a minor work is over. Asked whether stray dogs could be sheltered at these centres during the rains, an official said it would be considered in the coming years. These centres are designed to conduct sterilisation surgeries for 30 dogs a day. This ₹20-crore project will help to increase Chennai’s dog sterilisation capacity to 27,000 a year. Each centre will be equipped with 100 kennels and 40 cages that can be brought in vehicles to take street dogs for sterilisation. The stainless-steel kennels are meant for sheltering the animals after the surgery, an official says. The official says anti-skid tiles are used at these centres as they are suitable for the dogs’ paws. Earlier, the Corporation Council approved a resolution to conduct 50,000 animal birth control surgeries a year. “The 27,000 surgeries planned will be part of the 50,000 surgeries aimed. Two more centres will come up at Ariyalur (Ward 17) and Perungudi (Ward 184). The land has been identified and the cost is being estimated,” the official adds. Check-up at old centres In March, employees of the old animal birth control centre at Kannammapet requested for replacement of the rusted gates. “The old gates were replaced by the Mechanical Engineering Department of the Corporation recently. The old animal birth control centres may be used for regular check-ups and treatment, while the new centres could be used for surgeries. At the Pulianthope pound, the ground will be used for dogs to stroll,” the official says. Published - November 24, 2024 10:35 pm IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit Chennai / Chennai Corporation
Global Carbon and Energy Management Software Market Size, Share and Forecast By Key Players-CA Technologies, IBM, SAP, Schneider Electric, ACCUVIO 11-26-2024 08:50 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Market Research Intellect Carbon and Energy Management Software Market USA, New Jersey- According to the Market Research Intellect, the global Carbon and Energy Management Software market is projected to grow at a robust compound annual growth rate (CAGR) of 14.51% from 2024 to 2031. Starting with a valuation of 8.1 Billion in 2024, the market is expected to reach approximately 18.26 Billion by 2031, driven by factors such as Carbon and Energy Management Software and Carbon and Energy Management Software. This significant growth underscores the expanding demand for Carbon and Energy Management Software across various sectors. The carbon and energy management software market is witnessing substantial growth as businesses and governments increasingly focus on sustainability and environmental responsibility. With the global push for carbon reduction and energy efficiency, companies are adopting software solutions that enable them to monitor, manage, and reduce their carbon footprints while optimizing energy consumption. These software tools help organizations track energy usage, analyze carbon emissions data, and identify areas for improvement, ultimately aiding in meeting regulatory compliance and sustainability goals. The rise of green initiatives and environmental regulations across industries is driving the demand for these solutions. Furthermore, as renewable energy sources and energy-efficient technologies gain traction, businesses need advanced tools to integrate and manage these systems effectively. With greater emphasis on corporate sustainability, the carbon and energy management software market is poised for continued growth in the coming years. The dynamics of the carbon and energy management software market are shaped by evolving regulatory pressures, growing environmental awareness, and technological advancements. As organizations face increasing regulations regarding carbon emissions and energy consumption, the demand for software solutions to track, report, and reduce their environmental impact is rising. Innovations in artificial intelligence (AI), data analytics, and IoT are enhancing the capabilities of these software tools, enabling real-time monitoring and predictive insights into energy usage and emissions. The increasing adoption of renewable energy sources and the need for greater energy efficiency in industrial operations are driving the market. Additionally, businesses are recognizing the long-term financial and reputational benefits of sustainability, further fueling the demand for carbon and energy management solutions. As these factors converge, the market for carbon and energy management software is evolving and expanding rapidly. Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.marketresearchintellect.com/download-sample/?rid=4869780&utm_source=OpenPr&utm_medium=049 Key Drivers: The growth of the Carbon and Energy Management Software market is driven by several key factors. Technological advancements in Carbon and Energy Management Software have enabled greater efficiency and enhanced capabilities, spurring adoption across industries. Additionally, the rising demand for sustainable and eco-friendly solutions is pushing companies to innovate and adopt greener practices. Expanding applications in sectors like Carbon and Energy Management Software and Carbon and Energy Management Software are further contributing to market demand, as these industries seek advanced solutions to streamline operations and enhance product quality. Favorable government policies and incentives in regions such as North America, Europe, and Asia-Pacific support investment and growth. Moreover, an increasing focus on Carbon and Energy Management Software for improving operational efficiency and cost-effectiveness is encouraging businesses to embrace new technologies, fostering sustained market expansion. Mergers and Acquisitions Mergers and acquisitions (M&A) play a pivotal role in the Carbon and Energy Management Software market, as companies look to expand their capabilities, access new technologies, and strengthen market presence. Leading players engage in strategic acquisitions to consolidate their position and gain a competitive edge. These transactions often facilitate the integration of advanced Carbon and Energy Management Software solutions, helping firms broaden their product portfolios and meet growing customer demands. Additionally, M&A activities support companies in achieving economies of scale and penetrating new regional markets, particularly in high-growth areas like Asia-Pacific. Through such strategic alliances, businesses aim to accelerate innovation, enhance operational efficiency, and address evolving market challenges, ultimately driving the overall growth of the Carbon and Energy Management Software market. Get a Discount On The Purchase Of This Report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=4869780&utm_source=OpenPr&utm_medium=049 The following Key Segments Are Covered in Our Report By Type On-Premise Cloud-Based By Application Power and Utilities Oil and Gas Industrial Enterprise Major companies in Carbon and Energy Management Software Market are: CA Technologies, IBM, SAP, Schneider Electric, ACCUVIO, AssetWorks, Ecova, Carbon Clear, Enablon, Enviance, MetricStream, SourceOne, Verisae Global Carbon and Energy Management Software Market -Regional Analysis North America: North America is expected to hold a significant share of the Carbon and Energy Management Software market due to advanced technological infrastructure and the presence of major market players. High demand across sectors like Carbon and Energy Management Software and Carbon and Energy Management Software is driving growth, with the U.S. being a key contributor. Additionally, ongoing investments in R&D and innovation reinforce the region's strong market position. Europe: Europe is projected to experience steady growth, driven by stringent regulatory standards and a rising focus on sustainability in Carbon and Energy Management Software practices. Countries like Germany, France, and the UK are leading due to their advanced industrial base and supportive government policies. The demand for eco-friendly and efficient Carbon and Energy Management Software solutions is expected to continue fostering market expansion. Asia-Pacific: Asia-Pacific is anticipated to be the fastest-growing region, fueled by rapid industrialization and urbanization. Countries such as China, India, and Japan are driving demand due to expanding consumer bases and increasing investments in infrastructure. The region's robust manufacturing sector and favorable economic policies further enhance growth opportunities in the Carbon and Energy Management Software market. Latin America: Latin America and the Middle East & Africa are expected to show moderate growth in the Carbon and Energy Management Software market. In Latin America, growth is supported by rising industrial activities in countries like Brazil and Mexico. Meanwhile, in the Middle East & Africa, infrastructure development and an increasing focus on innovation in sectors like Carbon and Energy Management Software are key drivers of market expansion. Middle East and Africa: The Middle East and Africa represent emerging markets in the global Carbon and Energy Management Software market, with countries like UAE, Saudi Arabia, South Africa, and Nigeria showing promising growth potential. Economic diversification efforts, urbanization, and a young population are driving demand for Carbon and Energy Management Software products and services in the region. Frequently Asked Questions (FAQ) 1. What is the current size of the Carbon and Energy Management Software market? Answer: The Carbon and Energy Management Software market was valued at approximately 8.1 Billion in 2024, with projections suggesting it will reach 18.26 Billion by 2031, growing at a CAGR of 14.51%. 2. What factors are driving the growth of the Carbon and Energy Management Software market? Answer: The market's expansion is attributed to several factors, including increased demand for Carbon and Energy Management Software, advancements in Carbon and Energy Management Software technology, and the adoption of Carbon and Energy Management Software across various sectors. 3. Which regions are expected to dominate the Carbon and Energy Management Software market? Answer: Regions such as North America, Europe, and Asia-Pacific are anticipated to lead due to the presence of major industry players and growing investments in Carbon and Energy Management Software. 4. Who are the key players in the Carbon and Energy Management Software market? Answer: Prominent companies in the Carbon and Energy Management Software market include Carbon and Energy Management Software, Carbon and Energy Management Software, and Carbon and Energy Management Software, each contributing to market growth through innovations and strategic partnerships. 5. What challenges does the Carbon and Energy Management Software market face? Answer: The market faces challenges such as Carbon and Energy Management Software, regulatory compliance, and competition from alternative solutions. However, ongoing advancements aim to address these issues. 6. What are the future trends in the Carbon and Energy Management Software market? Emerging trends include the integration of Carbon and Energy Management Software technology, sustainability practices, and digital transformation in processes, all expected to shape the market's future. 7. How can businesses benefit from the Carbon and Energy Management Software market? Answer: Businesses can leverage growth opportunities in the Carbon and Energy Management Software market by adopting new solutions, enhancing operational efficiency, and expanding their offerings to meet evolving consumer demands. 8. Why invest in a Carbon and Energy Management Software market report from MRI? Answer: MRI's report provides in-depth analysis, future projections, and key insights to support strategic decision-making, enabling businesses to stay competitive and capitalize on growth trends in the Carbon and Energy Management Software market. For More Information or Query, Visit @ https://www.marketresearchintellect.com/product/carbon-and-energy-management-software-market-size-and-forecast/?utm_source=OpenPr&utm_medium=049 https://www.linkedin.com/pulse/urostomy-pouches-market-innovation-westat-research-solutions-phdif/ https://www.linkedin.com/pulse/hydraulic-climbing-system-market-innovation-0ossf/ https://www.linkedin.com/pulse/metal-containers-market-innovation-westat-research-solutions-r7swf/ https://www.linkedin.com/pulse/kelp-extracts-market-innovation-westat-research-solutions-uouhf/ https://www.linkedin.com/pulse/automated-compound-storage-retrieval-market-bgq0f/ https://www.linkedin.com/pulse/high-speed-analog-to-digital-converters-market-4djof/ https://www.linkedin.com/pulse/aircraft-hose-fittings-market-innovation-westat-research-solutions-d4aqf/ https://www.linkedin.com/pulse/maxi-dress-market-innovation-westat-research-solutions-g5crf/ 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https://www.linkedin.com/pulse/green-roofs-walls-market-size-application-data-dcode-market-swkkf/ About Us: Market Research Intellect Market Research Intellect is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions. Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research. Our research spans a multitude of industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverages, etc. Having serviced many Fortune For inquiries, Contact Us at: Mr. Edwyne Fernandes Market Research Intellect APAC: +61 485 860 968 EU: +44 788 886 6344 US: +1 743 222 5439 This release was published on openPR.AP News Summary at 2:49 p.m. ESTHow much should the Bills expect from Matt Milano as he nears return to action?— President-elect Donald Trump has formally requested the Supreme Court to delay the implementation of a potential TikTok ban, arguing that his administration needs time to pursue a “political resolution” to the issue. The request was submitted on Friday as TikTok and the Biden administration presented opposing briefs to the court. TikTok called on the justices to strike down a law that could result in the platform’s ban by January 19, 2025, while the Biden administration defended the statute, citing national security concerns. Trump, who filed an amicus brief in the case, maintained a neutral position on the legal dispute. However, he urged the court to extend the deadline for TikTok to divest from its China-based parent company, ByteDance, to allow for a negotiated solution after he assumes office. “President Trump takes no position on the underlying merits of this dispute,” the brief stated. “Instead, he respectfully requests that the Court consider staying the Act’s deadline for divestment of January 19, 2025, while it considers the merits of this case.” The filing marks Trump’s latest intervention in a major national issue before his inauguration. The Republican president-elect has been actively engaging with foreign leaders and business figures at his Mar-a-Lago resort in Florida while assembling his administration. Last week, he met with TikTok CEO Shou Chew to discuss the platform’s future. Trump’s position on TikTok has evolved. During his first term, he attempted to ban the app over national security concerns, but his stance shifted during his 2024 presidential campaign when he joined TikTok to connect with younger voters. His campaign effectively used the platform to share viral, often macho-themed content aimed at engaging male audiences. Despite his opposition to banning the app outright, Trump has reiterated that he still sees potential national security risks with TikTok. TikTok and ByteDance are challenging a law signed by President Joe Biden in April, which mandates TikTok’s divestment from ByteDance or a U.S. ban. The statute was upheld earlier this month by the U.S. Court of Appeals for the District of Columbia Circuit, prompting TikTok to appeal to the Supreme Court. The oral arguments, scheduled for January 10, will address whether the law unlawfully restricts free speech under the First Amendment. TikTok’s legal team argues the statute is based on speculative risks that China could influence TikTok’s U.S. operations through ByteDance, despite no evidence of such interference. “The government concedes that it has no evidence China has ever attempted to do so,” TikTok’s brief stated, adding that the fears are “predicated on future risks.” The Biden administration has defended the law, emphasizing that TikTok’s integration with ByteDance and reliance on proprietary technology developed in China pose inherent risks. Officials argue that Chinese authorities could compel ByteDance to provide data on U.S. users or manipulate content on the platform. However, TikTok maintains that the government’s concerns are unfounded and that a forced divestment would harm its operations and violate free speech protections. With the Supreme Court set to hear arguments in January, the fate of TikTok in the U.S. hangs in the balance. Trump’s plea for a delay signals his intention to address the issue diplomatically after taking office, potentially reshaping the platform’s future in the country. This ongoing legal battle underscores the broader tensions between the U.S. and China over data security and digital sovereignty, with TikTok caught in the crossfire. Source: AP
ALBUQUERQUE, N.M. (AP) — Jurors in New Mexico have awarded a man more than $412 million in a medical malpractice case that involved a men’s health clinic that operates in several states. The man’s attorneys celebrated Monday’s verdict, saying they are hopeful it will prevent other men from falling victim to a scheme that involved fraud and what they described as dangerous penile injections. They said the jury award for punitive and compensatory damages is likely the largest in history for a medical malpractice case. The award follows a trial held in Albuquerque earlier this month that centered on allegations outlined in a lawsuit filed by the man's attorneys in 2020. NuMale Medical Center and company officials were named as defendants. According to the complaint, the man was 66 when he visited the clinic in 2017 in search of treatment for fatigue and weight loss. The clinic is accused of misdiagnosing him and unnecessarily treating him with “invasive erectile dysfunction shots” that caused irreversible damage. “This out of state medical corporation set up a fraudulent scheme to make millions off of conning old men by scaring them with a fake test,” Nick Rowley, the man's attorney, wrote in a social media post that detailed the verdict. Rowley went on to say that the scheme involved clinic workers telling patients they would have irreversible damage if they didn't agree to injections three times a week. NuMale Medical Center President Brad Palubicki said in a statement issued Tuesday that the company is committed to high-quality and safe patient care. He said NuMale disagrees with the verdict and intend to pursue all available legal remedies, including an appeal. A message seeking additional comment was left Wednesday with the company and its attorney. NuMale also has clinics in Colorado, Florida, Illinois, Nevada, Nebraska, North Carolina and Wisconsin. According to court records, jurors found that fraudulent and negligent conduct by the defendants resulted in damages to the plaintiff. They also found that unconscionable conduct by the defendants violated the Unfair Practices Act.
As snow blankets the Colorado mountains, outdoor enthusiasts have a unique opportunity: the winter hut trip. Whether you’re a skier or a snowshoer, a hut trip offers an excellent opportunity to connect with nature while exploring the rugged beauty of the state’s wilderness and enjoying the warmth and camaraderie of a cozy mountain hut. From the towering peaks of the San Juan Mountains to the snow-covered trails in Summit County, Colorado’s winter hut trips provide an unforgettable experience for adventurers of all levels. Huts fill up fast, so check each property’s for pricing and availability. Located between Telluride and Silverton near the top of Ophir Pass in the San Juan Mountains, the Opus Hut was built for backcountry skiers, mountaineers, hikers and mountain bikers. At 11,700 feet, the hut sits at treeline with low-angle glades below and open slopes above. While intermediate powder skiing is available out the back door of the hut, owner Travis Mohrman said the terrain is best suited for experienced backcountry skiers. Mohrman estimates that 15% to 20% of the groups visiting Opus Hut do so with guides. “They’re not personally comfortable with the terrain or they’re not from the area,” Mohrman said. “They guides are knowledgeable about local conditions — what the snow is, what’s safe and what’s not safe.” The cabin accommodates up to 20 people in five rooms. Some visitors book the whole hut and bring friends and family, while others reserve available beds in unbooked rooms. The hut features solar-powered lighting and 110-volt outlets for charging electronic devices. It also has filtered drinking water, hot and cold tap water, and indoor composting toilets. It provides full bedding and clean sleeping bag liners. During winter, the hut has four to six employees who sleep in a separate cabin. They prepare meals with natural, organic, and, when possible, locally grown products. The hut accommodates vegetarian, vegan, and gluten-free diets–just be sure to inform the staff beforehand. It also offers beer, wine, and a limited selection of spirits for purchase. “You can travel much lighter if you don’t have to bring in your food,” said Mohrman, who took over the hut three years ago. “You don’t have to focus on the upkeep of being in the backcountry.” Reservations for Opus Hut open Aug. 1. “The winter fills up quick,” Mohrman said. “Every winter weekend books in the first five minutes.” Nestled at 11,200 feet in the San Juan National Forest, Campfire Ranch Red Mountain Pass is the perfect base for exploring world-class skiing, split boarding, snowshoeing, and ice climbing. Located between Silverton and Ouray, it’s is accessible during the winter via a half-mile backcountry over-snow approach. Campfire Ranch is an ideal choice for novices. While other Colorado hut systems require you to carry your own food, bring sleeping bags, and live off-grid, this one provides food service, solar-powered electricity, Wi-Fi, and bedding. The dog-friendly cabin accommodates eight people. “We took a hospitality approach to remove barriers to entry for people who want to have the experience but don’t have the gear or the knowledge,” said Katrin Meiusi, director of marketing for the properties. Campfire Ranch first opened a campground on the Taylor River in Almont near Crested Butte. RVs are not permitted at the campground, which is open from May to October. Amenities include unlimited firewood, clean bathrooms, and drinkable well water. The 38 backcountry huts managed by the non-profit 10th Mountain Division Hut Association are connected by 350 miles of trails among some of the tallest peaks in the lower 48 states. All huts, some of which accommodate up to 17 people, have kitchens with propane burners for cooking — propane is provided. They provide pots, pans, potholders, dishware, cooking and eating utensils, a percolator or French press for coffee, salt and pepper, paper towels, dish soap, hand sanitizer, cleaning supplies and trash bags. Some huts have ovens and propane grills. All huts provide lighting from on-site solar power, propane or a generator. A few huts also have outlets for charging small devices such as phones. The huts have either an outhouse or an indoor bathroom with toilet paper supplied. All huts include mattresses and pillows, but you must bring your sleeping bag and pillowcase. Summit Hut Association operates five backcountry huts open for winter from November to May. Francie’s and Janet’s cabins are also open for summer use from July to September. All huts have solar-powered lights, fully stocked kitchens, and wood-burning stoves. Francie’s, Janet’s, and Sisters’ cabins have saunas and indoor toilets. The association hosts its annual Backcountry Ball fundraiser in October at The Maggie on Peak to kick off the season. The event includes dinner, drinks, a silent auction and entertainment. Proceeds help maintain the network of backcountry cabins.UCF, LSU face off with improved focus in mind