This is in furtherance to our letters REF:NS:SEC: dated 20th September, 2017 regarding intimation of acquisition of Erkunt Traktor Sanayii A.S. and Erkunt Sanayi A.S. and the Press Release issued subsequently on the same.
Please find attached a Presentation made by the Company in the Press Conference on the captioned subject held today and being uploaded on the website of the Company.
Press Release / Media Release
Source : BSE – www.bseindia.com
The Company displayed its Technology developed in house at its Mahindra Research Valley for a Driverless Tractor which will take farm mechanization to new heights.
No product is being currently launched but the Company is voluntarily furnishing details in this regard as per clause 3.2 of Para B of the SEBI Circular No. CIR/CFD/CMD/ 4/2015 dated 9th September, 2015 read with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in Annexure A to this letter.
Please also find enclosed a Press Release issued in this regard.
This is for your information.
Kindly acknowledge receipt.
Press Release / Media Release
Source : BSE – www.bseindia.com
Fraser Institute News Release: Ontario’s $15 minimum wage threatens jobs for young people and low-skilled workers …
TORONTO, ON–(Marketwired – September 19, 2017) – Raising Ontario’s minimum wage to $15 an hour — a staggering 32 per cent increase over the current minimum wage — will lead to job losses across the province for Ontario’s young and low-skilled workers, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Economic conditions are not the same across Ontario, so the negative effects of a $15 minimum wage — namely job losses for young and low-skilled workers — will be more severe in some areas of the province,” explained Ben Eisen, director of the Fraser Institute’s Ontario Prosperity Initiative and co-author of Ontario Enters Uncharted Waters with a $15 Minimum Wage.
In analysing previous research, the study finds when the minimum wage is low relative to the average wage, there is a small, even negligible effect on job loss. That’s because when the ratio of the minimum wage to the average wage is low, any changes to it will affect very few workers.
But as the minimum wage increases relative to the average wage, it affects more and more workers. Research shows that when the minimum wage passes 45 per cent of the average wage, the negative economic effects — mainly job loss for young and low-skilled workers — grow more severe.
Throughout the province of Ontario, a $15 an hour minimum wage will be well above the 45 per cent threshold.
Crucially, the average wage differs by region, which means the ratio — and the severity of the job losses — will vary.
In Toronto, a $15 minimum wage will be 47 per cent of the city’s average wage, but elsewhere in the province, the ratio will be much higher due to lower average wages.
For example, a $15 minimum wage in Hamilton, London and the Windsor-Sarnia regions will be 56 per cent of the average hourly wage there — again, well above the 45 per cent threshold beyond which negative economic effects grow more severe.
And a $15 minimum wage will be 53 per cent of the average hourly wage in Thunder Bay and Sault Ste. Marie; and 51 per cent in North Bay and Sudbury.
“Young people and low-skilled workers will suffer job losses across Ontario, but the costs could be especially high in regions of the province where the average wage is lower than in Toronto,” said Charles Lammam, director of fiscal studies at the Fraser Institute and study co-author.
Ben Eisen, Director, Ontario Prosperity Initiative
Charles Lammam, Director, Fiscal Studies
To arrange media interviews or for more information, please contact:
Bryn Weese, Media Relations Specialist
(604) 688-0221 ext. 589
The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, and Montreal and ties to a global network of think-tanks in 87 countries. Its mission is to improve the quality of life for Canadians, their families and future generations by studying, measuring and broadly communicating the effects of government policies, entrepreneurship and choice on their well-being. To protect the Institute’s independence, it does not accept grants from governments or contracts for research. Visit www.fraserinstitute.org
Since the devastation of Barbuda by Hurricane Irma, the Minister of Health and the Environment, Honourable Molwyn Joseph, the Permanent Secretary and the senior technicians of the ministry have been meeting more than once daily, to plan the various aspects of our response to the crisis.
This response involves, first of all, the many urgent questions of health and hygiene surrounding the official shelters in Antigua, where hundreds of Barbudan adults and children are housed.
Then, there is the question of dealing with potential public health hazards in the cleanup operations of Barbuda; mosquito-borne disease, water-borne disease, etc. Certain measures had to be taken before a significant number of workers could function there.
On Thursday, September 14th, senior Public Health Workers from Barbuda met with us at the Ministry of Health and the Environment, to plan the immediate public health approach in Barbuda, as the official beginning of the cleaning process.
Vector control, with mosquitoes and rats as the main targets, water purification, and the rescue and care of animals, especially dogs, were the agreed priorities.
A suitably equipped and stocked medical post, operated by members of the Emergency Medical Services, was also planned, along with the start of cleanup activities.
The Public Health Team, including Barbudans, planned to travel on Saturday morning, September 16th, to start the fogging and the other planned public health activities. Those activities would be followed, within two days, by the collection of loose metal sheeting, the disconnection of electrical cables from fallen posts, and the cutting up of those posts, along with the fallen trees and loose boards in the streets.
On Friday 15th, a delegation led by Minister Joseph, and including senior technicians of the ministry, the Vector Control Officer of Barbuda, senior technicians from Solid Waste and from Public Works, the Director of the National Office of Disaster Services, and the head of the Humane Society, visited Codrington.
Based on the observations made, decisions were taken regarding accommodation for the initial workers, the location of the medical post and the site for a dog shelter. The equipment and general machinery , as well as some materials that would be necessary, were also decided upon.
Vector control activity began in Barbuda on Saturday 16th, and heavy duty equipment for the general cleanup activities is supposed to be in Barbuda on Sunday 17th.
The clean-up operation will benefit from the expert advice of a Pan American Health Organization (PAHO) representative, Mr. Adrianus Ton Vlugman, Senior Advisor, Water Supply, Sanitation and Environmental Health Caribbean Sub-Region.
If the weather permits, organized and well supervised official cleanup activities will begin no later than Tuesday, September 19th, in Codrington, Barbuda. We are meeting daily with the Barbudan authorities.
Happy news to announce this morning: we just closed our second fundraising from new and existing investors 😉👌
It’s a major milestone for the development of Labiotech.eu as it will allow us to continue investing in amazing content, launch new products and grow our revenues. Thanks to the team for their amazing work and for making that fundraising possible! And now, here’s the press release (link to the French and German press release after it):
September 18th 2017, The Berlin-based startup Labiotech.eu announces that it has raised a 6-figure seed-round from new lead investor Wille AG from Zurich and 3 new business angels, Indiana Capital, JOT-Berlin and Iduskia, as well as existing investors, WestTech Ventures and 3 previous business angels.
Labiotech.eu was founded three years ago and has grown rapidly, tripling its visitors, since the first fundraising 18 months ago. It now welcomes nearly 100k monthly visitors and counts five of the largest life sciences companies as customers. This makes it the largest biotech platform in Europe, propelled by a team of 14 biotech enthusiasts.
The whole team believes biotech is an industry that has an enormous impact on making the world a better place through the development of cutting-edge and life-saving technologies, and that biotech information is not as accessible as it should be. Labiotech.eu is a platform providing digital information on the biotech ecosystem and its players, with topics such as innovation, investments, partnerships, discoveries and more.
This new round of capital will support Labiotech.eu’s growth and offer the team more resources for the creation of content and the launch of new products for their readers and clients.
“We’re thankful to our existing and new investors for their belief in our mission and for helping us to change how people are informed about biotech,” said Philip Hemme and Joachim Eeckhout, founders of Labiotech.eu.
“The team at Labiotech.eu has impressed us in the last 18 months and we are very happy to continue to work with them to support their vision,” commented Alexander Koelpin, MD Partner WestTech Ventures.
First fundraising: https://tech.eu/brief/labiotech-seed-funding/
Why is one of the most successful biotech entrepreneur in Europe reading Labiotech.eu: https://labiotech.eu/curevac-ingmar-hoerr-reading-labiotech-eu/
German press release: https://drive.google.com/file/d/0B2i8mWAnWHqCdEV1azZjVTBQb28/
French press release: https://drive.google.com/file/d/0B2i8mWAnWHqCeEU3bmtFdG5kNDg/
Please feel free to reach out to me at philip-at-labiotech.eu if you need anything else 😉
HOLYOKE — Sharpen your knowledge of stuff, important and inane.
Or just make sure to charge your smartphone or tablet.
An evening of “Smartphone Trivia Night” is scheduled for Thursday to raise money to help classroom teachers and students in the Holyoke public schools.
“Smartphone Trivia ditches the pencil and paper for a more interactive trivia game using only a smart device, like a phone or tablet,” a press release said.
“Please join us for a fun-filled, fast-paced night of trivia, food, drinks and raffle prizes to help us raise funds to continue the important contributions to our public school students,” the press release said.
The nonprofit Friends of Holyoke Public Schools is holding the event from 6 to 11 p.m. at Summit View Banquet House Pavilion, 555 Northampton St.
The trivia competitions begin at 7 p.m.
The fee is $25 a person and includes food and music. There will also be a cash bar, the press release said.
Eight members is the maximum for each team and there will be prizes, the press release said.
Event sponsors are Dowd Insurance Agency, Ross Insurance Agency, Easthampton Savings Bank, Log Cabin Delaney House, Edward Jones Investments and Holyoke Credit Union. Sponsorship opportunities are still available, the press release said.
To register a team or help in sponsoring the event visit friendshps.org (that’s the website’s correct spelling).
For more information, the email address is Emailfriendsofholyokepublicschools@gmail.com
Press Release: Antigua and Barbuda is now under a hurricane watch as weather officials keep an eye on Tropical …
Antigua and Barbuda is now under a hurricane watch as weather officials keep an eye on Tropical Storm Maria.
A Hurricane Watch means that hurricane conditions are possible within the watch area. A watch is typically issued 48 hours before the anticipated first occurrence of tropical-storm-force winds, conditions that make outside preparations difficult or
At 500 PM, the center of Tropical Storm Maria was located near latitude 12.3 North, longitude 52.6 West. Maria is moving toward the west near 20 mph (31 km/h).
A slower west-northwest motion is expected during the next couple of days.
Additional strengthening is expected during the next 48 hours, and Maria is forecast to be a hurricane when it approaches the Leeward Islands early next week. Along with Antigua and Barbuda, a hurricane watch is also in place for St. Kitts, Nevis, and Montserrat.
Residents of Antigua and Barbuda are advised to put hurricane preparations in place ahead of the weather system and stay tuned to the media for further updates.
Emergency supplies should include battery-operated radio, lamp, search light, extra batteries, canned and dry foods, water, special infant needs and adequate prescription medicine.
With regards to properties, board up or install shutters, secure doors, lower television and radio antennae, remove loose objects from the yard and patio, prune dead or dying trees, tie down any large objects that cannot be brought indoors. Also, store as much drinking water as possible in clean closed containers, keep your vehicle filled with gas and have extra cash on hand. Personal papers and other important documents should be stored in a waterproof container and kept nearby.
Residents are reminded that the hurricane season ends on November 30 and every effort should be made to be in a state of readiness at this time. – the end –
Update 09/14/2017: This article has been updated with additional information from campus administration.
Milo Yiannopoulos confirmed Thursday a full list of speakers scheduled to appear at UC Berkeley during “Free Speech Week” from Sept. 24-27.
The organization originally intended to release the list of confirmed speakers slowly over a period of two weeks, but decided to release the entire list of names at once because reactions to the announcement of former White House chief strategist and Breitbart editor Steve Bannon’s confirmation were “so huge,” according to a press release issued Thursday by Yiannopoulos. Free Speech Week, a joint effort between Yiannopoulos and a conservative campus publication, The Berkeley Patriot, will encompass a variety of themes.
“Berkeley Free Speech Week will be an amazing experience for people of all viewpoints to come together in a festival environment and freely exchange ideas,” Yiannopoulos said in the press release.
The Berkeley Patriot, however, has been having some trouble confirming every speaker on the list, according to Berkeley Patriot news editor Pranav Jandhyala.
Yiannopoulos is scheduled to appear every single day. Other prominent speakers include Bannon; Ann Coulter, whose planned appearance at UC Berkeley fell through two days before; and right-wing InfoWars radio show host Mike Cernovich.
James Damore, the former Google employee who was fired recently for an internal memo mocking the company’s diversity policies, is also scheduled to speak on the second day, “Zuck 2020.”
According to campus spokesperson Dan Mogulof, however, the campus administration is currently unable to confirm a list of speakers. Only three of the speakers have contacted the campus or UCPD to make security arrangements, which is required for all campus events.
Additionally, rental fees for available indoor venues have not been paid, and no venue contracts have been signed.
“To date a number of key deadlines have been missed,” Mogulof said in an email. “While campus officials and venue managers are working diligently to assist the Berkeley Patriot group with its proposed events, the group’s failure to meet important deadlines is making it increasingly difficult to ensure a safe and secure program.”
Below is the list of speakers confirmed to speak on each day of the four-day-long event.
Sept. 24: “Feminism Awareness Day”
- Miss Elaine
- Lucian Wintrich
- Lisa DePasquale
- Chadwick Moore
- Milo Yiannopoulos
Sept. 25: “Zuck 2020”
- Heather Mac Donald
- Monica Crowley
- Professor Jordan Peterson
- James Damore
Sept. 26: “Islamic Peace and Tolerance Day”
- Michael Malice
- Raheem Kassam
- Katie Hopkins
- Erik Prince
- Pamela Geller
- David Horowitz
- Milo Yiannopoulos
Sept. 27: “Mario Savio is Dead”
- Mike Cernovich
- Charles Murray
- Ariana Rowlands
- Stelion Onufrei
- Alex Marlow
- Milo Yiannopoulos
- Steve Bannon
- Ann Coulter
The time and location of these events will be released next week, according to Yiannopoulos’s press office.
Contact Ashley Wong and Harini Shyamsundar at [email protected].
A previous version of this article may have implied that the entire speaker list is confirmed to appear on campus. In fact, campus administration and The Berkeley Patriot have not yet confirmed all of the speakers.
I’ve already had fisticuffs with some smart PR peeps about why I think press releases are useless. But it doesn’t matter what I think – companies will continue to issue press releases, often with ludicrous language that wouldn’t pass the smell test in an actual article – or human-to-human chat.
What better place to start with my awards than the absurd deluge of “Artificial Intelligence” announcements that are automagically transforming our quality of life, while adding massive profitability to the bottom line of every business that buys the shiny new toy dabbles in it – without any downside or ethical concerns worth mentioning?
Here are the rules of my competition:
- Head over to PRnewswire.com at 5:30 pm ET on Sept 15, 2017.
- Enter the search phrase “AI intelligence” (AI alone generates too many false positives).
- Evaluate the first twenty results for consideration. No company is excluded, no matter how large or how small, no matter their relationship, financially or otherwise, to diginomica.
I now present my finalists, in no particular order. To ensure I don’t give in to the cement shoes of total cynicism, I will also include, in the last section, a few decently-executed press releases also.
The finalists – don’t throw your AI hype festival without them!
AI in Fintech Market Worth 7,305.6 Million USD by 2022
snark: looking forward to counting my millions in 2022!
award qualifications: no one writes a better report title than these folks! Looking forward to getting my hands on their new market research report:
“AI in Fintech Market by Component (Solution, Service), Application Area (Virtual Assistant, Business Analytics Reporting, Customer Behavioral Analytics), Deployment Mode (Cloud, On-Premises), and Region – Global forecast to 2022″
bonus points: nice mentions of “proactive collaboration” and “flagship competitive intelligence” (I hate non-proactive collaboration).
Wolters Kluwer Introduces AI-Powered Predictive Analytics to Federal Developments Knowledge Center
from: Wolters Kluwer
snark: it’s always a bummer when your predictive analytics aren’t AI-powered….
award qualifications: ecological metaphor:
The new features are the latest in what has been a continual stream of innovation and harnessing of analytics and AI across several Wolters Kluwer product lines.
But what happens when that stream becomes a river?
bonus points: for continually leveraging the branded synergies:
We are continuously searching for ways to put cutting edge technology – integrated with our rich content expertise – into the hands of our customers.
CloudMinds Shines at MWCA 2017 with Cloud-based Intelligence
snark: we’ll have to take your word for that.
award qualifications: energizing us with visions.
“Populate thousands of households with household robots in the coming decade” – this has been a vision of CloudMinds.
Umm – why? Maybe next time explain why we need thousands of household robots.
bonus points: How the heck did they get this phrase onto the forklift?
Cloud-connected intelligent robots based on large-scale neural networks, sophisticated algorithms and a lot of training by fusing artificial intelligence and machine intelligence to achieve cloud-based autonomous deep learning
Did I hear a bingo???
IBM and IBC Report: Increased Viewing of Mobile Video Content is Driving Consumer Demand for Better Content Experiences
snark: you say that like it’s a good thing.
award qualifications: more ecology:
Today, the explosive growth of new digital content available via online video distribution networks such as YouTube competes directly with traditional broadcasting creating a new connected landscape with data at the center.
That’s one landscape I hope to never see on a gallery wall.
bonus points: “Digital video consumption is viral” – thanks for that. #trenchant
p.s. looking forward to working with you to “deliver audience-tailored services in the moment.”
p.p.s. somewhere in here is a useful study with data points.
Deloitte announces record revenue of US$38.8 billion
snark: re: “building tomorrow’s workforce, today” – not everything you write on the back of a napkin should leave the bar.
award qualifications: pass the hubris:
Deloitte professionals represent the workforce of the future: top talent with different life experiences, viewpoints and skill sets,” said Renjen. “In creating an inclusive, collaborative, purpose-led culture, we inspire our people to make an impact that matters for each other, our highly diverse and sophisticated client base, and society.”
I’m just glad that the culture is collaborative because it really bugs me when inclusive, purpose-led cultures lack collaboration. By the way, what is the purpose?
p.s. does Deloitte have a separate division for unsophisticated clients, or was that Touche?
bonus points: Do the “incredible efforts underway” include whoever wrote this?
Developing integrated cloud based solutions that, among other things, will leverage advanced machine learning techniques, natural language processing, and graph-based algorithms on big data to enable cognitive and predictive capabilities.
Looking forward to that…
p.p.s. I liked the quote at the end about preparing millions of people for the new economy, maybe push that up top next time. Sounds almost like a purpose!
Finally, a competition where being excluded is a good thing. Here’s a few announcements that weren’t half-bad, or at least, not horrible.
- Zendrive Names the Most Dangerous and Safest Schools in the U.S., Deploys AI to Analyze Riskiest – maybe a bit heavy-handed on the “kids are the most vulnerable to car accidents” stuff, but overall, a data-filled release that avoids hyperbole.
- Personetics Enables Canadian Bank to Deliver AI-powered Financial Guidance and Automated Savings – I prefer stories of customer results over upcoming projects, but this is a straightforward view of upcoming services.
- CRU: Made in China 2025 – Quality in Quantity – reads almost like a short article, explaining why the info matters and then detailing some useful and intriguing stats on why China will disrupt global commodity markets.
- CrowdFlower Announces First Round Winners of $1 Million AI For Everyone Challenge – getting attention by funding worthwhile competitions. No pompous mentions of “purpose-driven” – too busy pursuing their purpose, I guess.
That’s a wrap. Maybe next time around I’ll do… blockchain?
Image credit – Award. © BillionPhotos.com – Fotolia.com