A recent study by Backyard Oasis assessed the most populated cities across each American state by 12 important factors that directly impact family life. These factors include the Purchasing Power Index, Safety Index, Healthcare Index, Climate Index, Cost of Living Index, Property Price to Income Ratio, Traffic Commute Time Index, Pollution Index, Quality of Life Index, Uninsured Rate for Children, and the costs of Preschool and International Primary School. Each factor was weighted based on its significance to family well-being, with higher importance placed on areas like Safety and Healthcare. The data, primarily sourced from Numbeo, was then combined into a composite score, providing a clear and objective ranking of the most family-friendly cities.

St. Louis, Missouri ranks 1st with a composite score of 7.49. The city’s top position is largely due to its exceptional healthcare services, reflected in a Healthcare Index of 81.09. Additionally, St. Louis enjoys a high Quality of Life Index of 213.43, which is further supported by affordable property prices, with a Property Price to Income Ratio of just 1.67. These factors combine to make St. Louis the most attractive city for families.

Tulsa, Oklahoma ranks 2nd with a score of 7.46. Tulsa stands out for its strong healthcare infrastructure, evidenced by a Healthcare Index of 70.59, and its low Traffic Commute Time Index of 19.05, which ensures families have more time together rather than being stuck in traffic. The city’s overall quality of life is also enhanced by a manageable cost of living and a high Quality of Life Index of 223.70, making it a well-rounded option for families.

Rapid City, South Dakota comes as the 3rd most family-friendly city in the US with a score of 7.43. Known for its safe environment, Rapid City has a Safety Index of 51.97, and its Pollution Index of just 18.88 ensures a clean and healthy setting for families. The city also benefits from a favorable climate and relatively low education costs, making it a compelling choice for those looking to raise a family in a secure and supportive community.

Cincinnati, Ohio ranks 4th with a composite score of 7.41. This city excels in healthcare, with a strong Healthcare Index of 67.74, and offers robust educational infrastructure, which is key to its high ranking. The city also has a high Quality of Life Index of 213.15, supported by cultural amenities, green spaces, and a relatively affordable cost of living, making it an attractive place for families.

Madison, Wisconsin is 5th most attractive city for families on the list, achieving a score of 7.31. Madison’s high Safety Index of 66.48, coupled with an excellent Healthcare Index of 76.38, underscores its family-friendly credentials. The city’s strong educational system is complemented by a Quality of Life Index of 222.64, making it one of the most desirable cities for raising children.

Lincoln, Nebraska ranks 6th with a score of 7.29. Safety is a key factor in Lincoln’s ranking, as the city has a Safety Index of 66.23. Healthcare is another strong point, with a Healthcare Index of 77.62. Lincoln also offers the shortest commute times among the top ten cities, with a Traffic Commute Time Index of 12.22, allowing families to enjoy more leisure time together.

Tacoma, Washington is 7th with a composite score of 7.23. Tacoma provides a balanced environment with a Healthcare Index of 73.49 and a strong Climate Index of 90.88, which contributes to the city’s high ranking. The city’s low Property Price to Income Ratio of 3.48 makes it affordable for families, while its strong educational and recreational facilities add to its appeal.

Virginia Beach, Virginia ranks 8th with a score of 7.21. This city stands out for its impressive combination of safety and educational opportunities. With a Safety Index of 57.15 and a Quality of Life Index of 232.11, Virginia Beach offers one of the highest standards of living among the top-ranked cities. The city’s favorable climate and abundant outdoor activities make it a particularly attractive location for families seeking a healthy and active lifestyle.

Indianapolis, Indiana takes the 9th spot with a score of 7.18. The city’s strong Healthcare Index of 72.66, along with its affordable cost of living, make it a prime choice for families. Additionally, Indianapolis benefits from a high Quality of Life Index of 200.00, which is supported by its cultural amenities and accessible property prices, offering a well-rounded environment for family life.

Raleigh, North Carolina rounds out the top ten with a score of 7.16. Raleigh’s well-developed educational infrastructure and Healthcare Index of 66.92 play significant roles in its ranking. The city also has a high Quality of Life Index of 208.78, offering a balanced environment for families. Raleigh’s combination of high safety, quality healthcare, and excellent education options makes it an ideal city for raising children.

Andy Wu, CEO of Backyard Oasis commented on the study “Creating a nurturing environment for families is about more than just the basics—it’s about the quality of life that a city can provide. It’s fascinating to see how cities like St. Louis and Tulsa have managed to balance affordability with top-tier healthcare and strong educational systems, making them standout choices for families. Family well-being is intricately linked to the communities we choose to call home, and these cities are leading the way in providing the support families need to thrive.”

You can see the full research by the link: https://docs.google.com/spreadsheets/d/12Gt1b-gsN4ASLqxXaqLnj-9mCyt9TV_FOkLPCEDuKu0/pubhtml?gid=852265535&single=true

Tel Aviv, Israel, August 27, 2024 – OFIL Systems, creators of award-winning Daycor® cameras, has announced Gridnostic, an industry-first software for high voltage audit data to be directly analyzed and present findings such as risk visibility and prioritization discoveries. This holistic view relies on raw field data, presenting detailed diagnostics onto a Geographic Information System (GIS) platform to boost reliability, efficiency, and worker safety.

Current inspection techniques rely on visual imaging methods, which lack quantifiable data and are prone to subjective interpretation. To address this challenge and better help teams share the most up-to-date information, OFIL integrated decades of experience into a platform by partnering with Scopito to automatically analyze and contextualize findings partnering with Scopito to leverage their data-management capabilities. Transforming field data into a comprehensive visual map and severity score without altering current data collection processes means managers can understand the impact of potential failures and prioritize actions with greater confidence.

“Historically, decision-making for high and medium voltage power line inspections has relied on substantial amounts of field data that were subjectively analyzed, poorly managed, and unsuitable for long-term trend analysis,” said Giora Levi, CEO of OFIL. “Intelligently analyzing findings and prioritizing activities means stakeholders have what they need to avoid failures and disruptions.”

Utility providers can better manage operational risk with more industries investing in electrification, such as data centers, electric vehicles, and industry 4.0 adoption. Unexpected incidents can damage their reputations and cause financial losses from fines and lack of revenue. Gridnostic’s cloud-based approach focuses on providing objective insights and historical data so teams can confidently take action in less time.

Christian Christiansen, Special Emergency Preparedness and Maintenance DK2 of Energinet, who owns and operates Denmark’s transmission lines said, ”We faced challenges in analyzing and storing UV video data from our drone inspections, which are crucial for maintaining our transmission towers. Integrating OFIL’s Gridnostic enabled us to seamlessly manage and analyze this data alongside existing inspection data, ensuring precise and efficient maintenance operations.”

As Gridnostic continues to be utilized by more organizations, OFIL intends to continuously incorporate evolving data into its analysis capabilities to bolster findings. This will provide companies that utilize the technology with the most up-to-date information needed to maintain high-voltage assets, enabling long-term maintenance planning.

Chennai, Aug 27, 2024: South Asia Growth Invest backed Hero Motors, the flagship auto-components company of the Hero Motors Company (HMC) Group and one of India’s leading automotive technology companies, has filed its draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise Rs 900 crore through an initial public offering (IPO).

The IPO is a mix of fresh issue of up to Rs 500 Cr and an offer for sale up to Rs 400 Cr by promoters. The OFS includes Rs 250 crore worth shares by O P Munjal Holdings, and Rs 75 crore each by Bhagyoday Investments and Hero Cycles.

The company, in consultation with the book-running lead managers, may consider a pre-IPO placement of Rs 100 crore prior to filing of the Red Herring Prospectus. If such placement is completed, the amount will be reduced from the fresh issue.

Proceeds from the fresh issue of shares will be used to the extent of Rs 202 crore for repayment or pre-payment, in full or in part, of certain of its outstanding borrowings availed by the Company, Rs 124 crore for funding capital expenditure towards purchase of equipment required for expansion in capacity of our Gautam Buddha Nagar, Uttar Pradesh facility besides general corporate purposes.

Hero Motors is India’s leading automotive technology companies (Source: CRISIL Report) engaged in designing, developing, manufacturing and supplying highly engineered powertrain solutions provider to automotive OEMs in the United States, Europe, India, and the ASEAN region. The company’s product range includes both electric and non-electric powertrains for various vehicle categories including two-wheelers, e-bikes, off-road vehicles, electric and hybrid cars, heavy-duty vehicles, and eVTOL.

Hero Motors operates in two segments – powertrain solutions, and alloys and metallics. It has six manufacturing facilities across India, the United Kingdom, and Thailand.

The Company has a diversified customer base including global brands such as BMW AG, Ducati Motor Holding SPA, Enviolo International Inc, Formula Motorsport, HUMMINGBIRDEV Inc, HWA AG, and leading global e-bike manufacturers.

Hero Motors is the only player manufacturing and exporting CVT hubs to global e-bike OEMs from India, and the only manufacturer of integrated electric powertrain products for e-bikes in India.

Hero Motors’ revenue from operations stood ₹1,064.4 crore in the fiscal 2024.

ICICI Securities, DAM Capital Advisors, and JM Financial are the book-running lead managers to the issue.

DRHP LINK: https://www.bseindia.com/corporates/download/355016/1.%20DRHP%20Hero%20Motors%20Limited_23082024_20240823221948.pdf

Disclaimer: The information contained in this press release is provided by a third party and does not necessarily reflect the views or opinions of our organization. We do not endorse or guarantee its accuracy.

Noida: BOP.in, in partnership with Gaurs Group, has proudly announced the overwhelming success of the “Kaun Banega Car-O-Pati” offer, unveiled as part of the Mega Property Carnival that ran from 26th July to 25th August 2024. This highly anticipated event, held at the Gaur World Smart Street in Greater Noida West, saw a remarkable turnout of property investors and homebuyers alike, with over 180 shops sold and ₹150 crore worth of property transacted during the carnival.

The carnival was an extravagant celebration, featuring a vibrant children’s play area, live music, dance performances, and various entertainment acts. This lively atmosphere allowed potential buyers and their families to enjoy the festivities while exploring lucrative investment opportunities in the Gaur World Smart Street project. The carnival and the Kaun Banega Car-O-Pati contest not only attracted investors but also proved to be a dream event for anyone seeking a second source of income through real estate.

Mr. Gaurav Mavi, Co-Founder of BOP.in, shared his thoughts on the success of the event, “We are thrilled with the incredible response to the Kaun Banega Car-O-Pati offer and the Mega Property Carnival. Selling over 180 shops and seeing such significant transactions proves the faith our customers have in the Gaur World Smart Street project. Our vision was to provide an opportunity for secure and profitable investments, and the enthusiasm shown by investors has surpassed our expectations. We thank everyone who participated, and we look forward to continuing to deliver value-driven projects that empower our clients to expand their financial horizons.”

The Kaun Banega Car-O-Pati offer, with a car on every booking, provided a range of exciting incentives, including a flat discount of ₹1,000 per square foot on all bookings, zero GST, no stamp duty i.e. 5% cost of stamp covered by the developer, and an exclusive Amazon gift voucher. These offers, coupled with the 9-year guaranteed income plan, provided a unique and rewarding investment opportunity for buyers.

Ahmedabad, 25th August 2024 – Renaissance Ahmedabad Hotel and Fairfield by Marriott Ahmedabad are pleased to announce the appointment of Amit Kumar as the Cluster General Manager to lead both hotels in the Heritage City. With over 20 years of diverse experience in the hospitality industry across India and the United Kingdom, Amit brings extensive knowledge and expertise to his new role, where he will oversee the operations of both Renaissance Ahmedabad Hotel and Fairfield by Marriott Ahmedabad. His dynamic approach to leadership and passion for delivering exceptional guest experiences will undoubtedly contribute to the continued success of the two brands.

Amit began his illustrious career with Hyatt Hotels International, where he honed his pre-opening skills in hotel management. He later joined Marriott International as a part of the pre-opening team at JW Marriott Mumbai Juhu. Throughout his career, Amit has demonstrated a strong ability to lead teams, drive revenue growth, and enhance guest satisfaction. One of his significant achievements include his role as the General Manager at Courtyard by Marriott Raipur. In 2016, during the hotel’s first year of operations, Amit successfully launched and established the city’s first Marriott hotel as the primary choice for business, leisure, and social travel solutions in the region. His leadership in this role set a strong foundation for the hotel’s future success.

His most recent position as General Manager at Courtyard by Marriott Pune Chakan was marked by exceptional accomplishments, including significant improvements in market share, revenue, guest engagement, and profit margins. With his able guidance, the hotel received several prestigious awards, such as the Marriott Select Brands Diamond Circle Award in 2023 and 2022, the Marriott Select Brands Platinum Circle Award in 2019, the Hotel of the Year Award in 2019, and the JW Marriott Jr. Diversity and Inclusion Award of Excellence in 2019.

Amit’s passion for travel, reading, and exploring new cuisines aligns with the vibrant and diverse offerings at Renaissance and Fairfield by Marriott. This appointment heralds a new chapter with confidence that his leadership will elevate the guest experience and further solidify both properties as leading hotels in Ahmedabad.

Gurugram, India, 26th August 2024: Positive homebuyer sentiment and steady demand have kept the momentum strong in residential market across major Indian cities. Average housing prices across the top eight Indian cities witnessed a 3% QoQ growth in Q2 2024. Interestingly, quarterly price movements at India level have been almost similar at about 3% for the last four quarters. This stability in price growth is reflective of steady underlying demand over the last few quarters. On an annual basis too, average housing prices at the end of Q2 2024 have showed a 12% growth across the eight major cities. Interestingly, 7 out of 8 cities under review witnessed annual price appreciation, with Delhi NCR witnessing the highest price rise at 30% YoY closely followed by Bengaluru.

While unsold inventory remained stable on an annual basis at a pan India level, it dropped marginally on a quarterly basis amid healthy sales in housing units. At 5%, Kolkata saw the highest sequential decline in unsold inventory levels followed by Pune with 3% dip. As of Q2 2024, there was an availability of over 10 lakh housing units across the primary market of eight major cities, with MMR alone having about 40% share in unsold inventory levels. Despite yearly increase in number of unsold units in Hyderabad and Bengaluru, both cities saw a modest dip on a sequential basis. As the festive season approaches, developers are likely to closely monitor new launches and overall housing stock in prominent residential catchment areas.

Mr. Boman Irani, President of CREDAI National stated, “Indian Real Estate has been somewhat experiencing a bull run in the past few quarters, substantiated by the volume of transactions across Top 8 cities as well as the prevalent positive sentiments towards housing. There has been a direct impact on housing prices – signifying not just the underlying demand but the definitive shift towards real estate as a preferred asset class. With the upcoming festive season – coupled with the Government’s focus on infrastructure and a relatively stable lending eco-system – we project this momentum to be further have an impact on both prices and unsold inventory levels, as the industry’s demand-supply dynamics change.”

“Housing demand has continued to remain healthy over the past few quarters. Concurrently, stable interest rates and recent positive budgetary announcements, have provided tailwinds for the housing market of the country. Notably, average housing prices have witnessed a consistent double-digit annual growth rate (12% in Q2 2024,) adding buoyancy to the sustained growth story in residential real estate. Additionally, the upcoming festive season will further invigorate the housing market with heightened sales and new launches. We thus envisage a strong finish for the housing market in 2024.”, added, Badal Yagnik, Chief Executive Officer, Colliers, India

Pan India residential price trends (Q2 2024) (in INR/sq ft) –

Source: Liases Foras, Colliers

All the prices are based on carpet area

*NCR- National Capital Region

**MMR- Mumbai Metropolitan Region

 “Sales across India’s cities have maintained growth despite the price rise. The current quarter also showed a remarkable 33% increase in new launches in the affordable segment. NCR’s growth in sales and new launches augurs that the market will stay on a growth trajectory.”, said Pankaj Kapoor, Managing Director, Liases Foras.

 Leading the top eight cities, Delhi NCR saw a 16% QoQ rise in housing prices

At 16%, average housing prices in Delhi NCR witnessed the highest quarterly price appreciation. Within Delhi NCR, Dwarka Expressway and Greater Noida witnessed impressive price appreciation at 35% and 24% QoQ in average housing prices respectively. This is the highest quarterly price rise for these micro markets in last few quarters and is led by the recent pick up in luxury segment launches. Furthermore, preference for spacious housing units in luxury & ultra-luxury segments led up-to 12% QoQ growth in average price of 3-4BHK configurations in Delhi NCR.

Bengaluru too witnessed significant price appreciation, with average housing prices in the city breaching the INR 11,000 mark in Q2 2024. Average residential prices in the city increased by 8% on a quarterly basis. Within Bengaluru, Inner East micro market saw the highest quarterly rise at 25% followed by Periphery & Outer East micro market at 10%. Additionally, led by heightened demand in luxury segment, Inner East and Periphery & Outer West micro markets, have witnessed significant surge in average housing prices for ready units.

Unsold inventory declined on a quarterly basis in 7 out of the 8 cities

Excluding MMR, unsold inventory levels have declined by up to 5% on a quarterly basis across all cities under review. While MMR witnessed healthy sales in residential units during Q2 2024, a significant surge in new launches led to a marginal rise in unsold units. On an annual basis with a 13% YoY drop, Pune particularly witnessed the highest annual decline in unsold units. Annual declines in unsold inventory levels have been significant in Ahmedabad, Chennai and Kolkata too with 6-8% drop.

“Within the residential market, demand growth has been the strongest in luxury & ultra-luxury segments including second & vacation homes which is evident with price growth in select micro-markets of Delhi NCR and Bengaluru. Average housing prices for spacious dwelling units, particularly 3-4BHK configurations in these cities have increased up-to 30% on an annual basis. Additionally, the government’s recent partial rollback pertaining to long term capital gains arising out of sale of land and buildings retrospectively is expected to boost investors and homeowners’ sentiment and thus, the real estate sector at large,” said Vimal Nadar, Senior Director and Head of Research, Colliers India. 

Police to make elaborate arrangements to ensure the smooth conduct of the event

Hyderabad, August 23, 2024: A Technical Briefing was done to Elite runners both International and Indian runners who will be participating in the 13th Edition of NMDC Hyderabad Marathon Powered by IDFC First Bank at Hotel Park Hyatt on Friday evening.

The briefing was done by Mr Norrie Williamson, World Athletics Technical Delegate; Mr Hanif Iqbal, Indian Athletics Technical Delegate; Mr Ulf Anders Saletti, World Athletics Certified Delegate, Mr. Hari Prasad, ACP, Punjagutta; Mr Rajesh Vetcha, Race Director, Mr Avinash Palavancha, Assistant Race Director of NMDC Hyderabad Marathon 2024

A total of 52 elite runners are participating in the Marathon.

They were briefed about World Athletics rules, doping control, route details, aid station facilities, competition bibs, shoes, competition rules and other race-relevant details

Competition shoes must be in accordance with the Worth Athletics rule 5. Spot checks could be made and wearing unauthorized shoes will result in disqualification, they were told.

Doping tests will be conducted among the top finishers in the male and female divisions. The athletes will be chosen at random by the World Athletics Technical delegates, it was informed.

The Marathon will have 9 elite-specific aid stations. Apart from these 9 stations, there will be 12 water and sports drink-only aid stations. It is forbidden to receive drinks on any other part of the course, the elites were told.

16 Ambulances and Bike ambulances will be put into service.

Mr Hari Prasad, ACP Punjagutta, representing the Police Commissioner and additional commissioner of Hyderabad Traffic said elaborate arrangements will be made to ensure that the event goes smoothly with the least inconvenience to commuters.

The event is being organised for the public good. The event’s mission is to promote active lifestyles amongst the public and make running the preferred form of fitness activity. Hence, the police extend their fullest cooperation. He urged people to come out in large numbers, cheer and encourage participants. He said the Police will also issue a public advisory on the traffic restrictions.

NMDC Hyderabad Marathon powered by IDFC First Bank is a certified “World Athletic Label race” for 2024 and is organized in accordance with the World Athletics competition rules and technical rules informed Rajesh Vetcha, Race Director.

The main event is on 25th August 2024. Full Marathon will be flagged off at 4:30 a.m., Half Marathon and 5:30 a.m. (from People Plaza, Necklace Road) and 10K Run at 7.00 a.m. from Hitex, Madhapur.

Royale Estate Group and Mohali Industries Association enter into a landmark affiliation as a new initiative to welcome industry on board. This amazing development is bound to give a big boost toward making MIEZ the best and the biggest Industrial Township in the region.

On this special occasion, Royale Estate Group announced an exclusive offer on industrial plots at the Mohali Industrial Economic Zone (MIEZ) for members of the Mohali Industries Association (MIA), during an interactive session held at The Mohali Club on August 21, 2024. The event witnessed the esteemed presence of key stakeholders, industry leaders, and approximately 300 industrialist members of the MIA.

The event highlighted the benefits of the new offer which includes a comprehensive support system for every industrialist and plot owner, ensuring a hassle-free experience. From layout approvals to construction processes, the offer provides assistance at every step, along with access to government subsidies through a Single Window Support system. This initiative underscores Royale Estate Group’s commitment to fostering industrial growth in Mohali by providing top-tier industrial infrastructure at competitive rates.

MIEZ is a unique industrial initiative by Royale Estate Group which will prove to be a game-changer in terms of industrial revolution in the Tri-city and across the states of Punjab, Haryana, Himachal and J & K. Spread over 150 acres with a vision to eventually take it to 500 acres over the next 3 years, MIEZ’s proximity to an International Airport, biggest Railway Junction of the region and close to the Dry Port of Shambhu barrier, augmented by great advantage of connectivity to all the 4 states, makes it the best Industrial Township ever in Tri-City. With unparalleled facilities and amenities like Convention Centre, centralized Reception lobby, Meeting Rooms, Conference Hall, Food Court, Fully Equipped Laboratory, Skill Development Centre, Housing for Migrant Labours, a Labour Contract centre, Staff Canteens and so on, this industrial township is surely going to an industrial destination to reckon with.

Mohali Industries Association (MIA) has immensely contributed towards growth & development of the industrial township through valuable affiliations and collaborations. MIEZ enjoys all benefits given by the Govt of Punjab under the “Invest Punjab” initiative and by the Govt of India under the MSME “Make in India” initiative.

Sh. Neeraj Kansal, Managing Director, Royale Estate Group, expressed and shared his vision for MIEZ, “We are excited to launch this exclusive offer for our esteemed MIA members. Mohali Industries Association has played a very significant role in bringing MIEZ to its current shape and status. Our goal is to create an environment at MIEZ where industries can grow and prosper, backed by our unwavering commitment to quality and service. Through this offer, we aim to initiate a significant step towards enhancing industrial growth in Mohali. It allows our members to invest in prime industrial plots with added benefits, reinforcing our vision of a strong industrial hub in the region.”

Mr. Ashish Mittal, Director, MIEZ, said, “At MIEZ, more than 60 reputed industries are already on board and are in the process of setting up their respective industries ranging from pharmaceuticals, packaging, food processing, agro and agriculture, engineering, tractors and autoparts, metal and bath fittings, machines, furniture, marbles and granites and so on. A few names from these industries are Comments Industry, Zenus Metal Manufacturers, Gopal Sweets, VK Engineering Works, Making Ways Auto Industries, Boparai Auto Industry, Woodcraft, Ethnic Biotech, Forgo Pharmaceutical Pvt Ltd, Swastik Lifesciences Pharmaceuticals, Raj Steel Furniture, Woodcraft and many more.”

Further, Col. Inderjeet Suri, President, Royale Estate Group, gave a detailed presentation on MIEZ and enlightened the attendees about the journey of Royale Estate Group. He highlighted how, in the new industrial revolution of Tri-City, the group had developed the MIEZ Industrial township through its innovative approach and vision. “The group envisions providing employment to around 50,000 skilled and unskilled people across the region at MIEZ, besides boosting the economy of the state of Punjab”, he added.

The interactive session also served as a platform for attendees to engage with industry experts, discuss the future of Mohali’s industrial landscape, and explore the potential of MIEZ as a prime investment destination. The event concluded with a networking dinner, providing an opportunity for participants to share vision and discuss future prospects of MIEZ and the advantages of the new offer.