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Business Economy


CG Foundation India, MATEE sign MoU to foster development of regional ecosystems

New Delhi, Jan 20 (UNI) CG foundation India and MATEE (Mapping and Action in Traditional and Ecological Ecosystems) have announced the signing of a Memorandum of Understanding to jointly identify pockets and clusters of cultural and natural heritage ecosystems fostering sustainable development of regional ecosystems through local creative and cultural industries and ecological practices.
Through the collaboration, CG foundation India and MATEE will aim at strengthening local ecosystems based on community capital such as traditional knowledge and economic systems, creative skills, green and local material, common spaces and sites.
A total of Rs 30 crore will be infused through the support of various Government agencies and Institutions towards reaching out to close to 10,000 Indian families of traditional and tribal communities in the marginal section across the country.
MATEE Founder Ankush Seth said, ''The premise of this intervention will be the existing natural and cultural context in the ecosystem. The linked materiality, its uses and possibilities of innovations therein will form the core of the exercise. It will aim to fuel generation of collective wealth and new livelihoods at the bottom of the pyramid by aggregating data, innovation, markets and programming at the door steps of actual keepers of our tangible and intangible Heritage.''
MATEE will set up centres that will facilitate vocational learning and resource dissemination, common facility centers, co-working and engagement, doubling as attractive local tourist destination and creative residencies.
CG Foundation India Chairman Binod Chaudhary on the occasion remarked, that ''CG Foundation is happy to associate with MATEE and is proud to be called World’s first Corporate Ecosystem that is harnessing South Asia’s soft power towards Sustainable Development Goals. The collaboration will help co-create an eco-system of craft and cultural clusters for poverty alleviation through culturally sensitive methods.''
MATEE, which is being incubated by Development Alternatives, is the world's first social enterprise dedicated to sustainable development, according to a statement here.
UNI RSA ADG 1934
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USD,Euro,Pound down ;Yen up

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23 Apr 2021 | 12:41 PM

Mumbai, Apr 23 (UNI) Following were the indicative currency rates and travellers'
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Dr Shashank Shah - The First Bariatric Surgeons Biography To Be Published in Leading Journal

23 Apr 2021 | 12:31 PM

PUNE, India, April 23, 2021 /PRNewswire/ -- On January 06, 2021, the renowned IFSO site published a biography of the leading Indian Bariatric Surgeon, Dr Shashank Shah. The article in Springer Link chronicled Dr Shah's journey in pioneering laparoscopic bariatric surgery and his impact in the field. What assumes significant importance is the simple fact that IFSO - The International Federation for the Surgery of Obesity and Metabolic Disorders - is a leading Federation of 72 official member societies which are national associations of bariatric surgeons and health professionals; it also has individual members. Also, only highly reputed surgeons and integrated health professionals have accrued a pride of place in the journal and it is, therefore, a momentous aspect for an individual to feature in it. And it comes as no surprise that Dr Shashank Shah, MBBS, MS, FAIS, FICS, became the first Asian Surgeon to feature in the IFSO journal.

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LazyPay Powers Dunzos Pay Later Payment Flow

23 Apr 2021 | 12:29 PM

MUMBAI, India, April 23, 2021 /PRNewswire/ -- LazyPay, India's preferred Buy Now Pay Later solution by PayU Finance today strengthened its partnership with Dunzo, India's leading hyper-local delivery service with the launch of Dunzo Pay Later. The revolutionary deferred payment solution Dunzo Pay Later powered by LazyPay will offer the convenience of Buy Now Pay Later with a 0% interest rate (for a 15-day window) to over 2 million monthly active Users on Dunzo. As a strategic response to an upsurge in digital transaction failures, LazyPay and Dunzo also launched an industry-first solution to enhance consumer confidence impacted due to failed transactions.

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Visaka Industries Ltd is granted patent rights for ATUM by the South African Patent Office

23 Apr 2021 | 12:28 PM

HYDERABAD, India, April 23, 2021 /PRNewswire/ -- Visaka Industries Limited has been granted patent for its product 'ATUM' Solar Roof by the South African Patent Office, which is valid for 20 years. The patent has been granted for the invention titled 'Eco-Friendly Energy Generating Roofs.' ATUM is a unique roof that generates electricity. It is a completely integrated, seamless solar roof made with poly or mono-crystalline solar cells and cement boards - a highly durable roofing material making it world's first solar panel which can be directly used as a roof.

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