INDO – US JOINT TRAINING EXERCISE “YUDH ABHYAS 2022” TO COMMENCE IN UTTARAKHAND

Nov 16, 2022 | Business




The 18th edition of Indo – US joint training exercise “YUDH ABHYAS 22” is scheduled to be conducted in Uttarakhand this month. Exercise Yudh Abhyas is conducted annually between India and USA with the aim of exchanging best practices, Tactics, Techniques and Procedures between the Armies of the two nations. The previous edition of the exercise was conducted at Joint Base Elmendorf Richardson, Alaska (USA) in October 2021.


US Army soldiers of 2nd Brigade of the 11th Airborne Division and Indian Army soldiers from the ASSAM Regiment will be participating in the exercise. The training schedule focuses on employment of an integrated battle group under Chapter VII of the UN Mandate. The schedule will include all operations related to peace keeping & peace enforcement. The troops from both nations will work together to achieve common objectives. The joint exercise will also focus on Humanitarian Assistance and Disaster Relief (HADR) operations. Troops from both nations will practice launching of swift & coordinated relief efforts in the wake of any natural calamity.


In order to derive full benefit from the professional skills & experiences of  both the armies, a Command Post Exercise and Expert Academic Discussions (EAD) on carefully selected topics will be carried out. The scope of the Field Training Exercise includes validation of integrated battle groups, force multipliers, establishment and functioning of surveillance grids, validation of operational logistics, mountain warfare skills, casualty evacuation  and combat medical aid in adverse terrain and climatic conditions. The exercise will involve exchanges and practices on a wide spectrum of combat skills including combat engineering, employment of UAS/Counter UAS techniques and information operations


The exercise will facilitate both Armies to share their wide experiences, skills and enhance their techniques through information exchange.




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My Platform Joint Venture Awarded the Winner’s Prize in the 2022 Hong Kong-Macau-Taiwan Innovation and Entrepreneurship Competition

Sep 30, 2022 | Business

My Platform, the MedTech venture in which Black Spade Capital Limited (“Black Spade Capital”) invested, has just announced that its PRC joint venture My Platform Information Technology (Guangzhou) Limited (“My Platform MedTech”) was awarded the Winner’s Prize in the 2022 Hong Kong-Macau-Taiwan Innovation and Entrepreneurship Competition organised by the Guangzhou Municipal Science and Technology Bureau.

(1st from the Right) Mr. Jesse Ho, Chief Executive Officer of My Platform

The competition brings together 226 participants from a wide variety of industries to honour the key players from Hong Kong, Macau and Taiwan for their achievement in the innovative and technology areas. My Platform MedTech ranked top 16 among the companies who received the award.

My Platform MedTech is a joint venture established by My Platform and its partner in Guangzhou in 2021. It provides cloud-based services and doctor-patient community chatroom with telemedicine functions to hospitals and helps build an enclosed communication system between doctors and patients, which strengthens the connection between different specialist departments with patients and increases patient stickiness.

In view of the growing demand for distant medical consultation, My Platform upgraded its system with telemedicine capabilities in 2020. This built-in function enables integration with other features thus offering a seamless and user-friendly experience.

Mr. Jesse Ho, CEO of My Platform, said: “we are incredibly honoured to receive this award. It’s a reflection of our team effort and the impact that we and our partners are making in the implementation of various initiatives to drive the technology development in the medical industry in the Greater Bay Area. We will continue with our good work to improve greater efficiency and better communication in the healthcare industry.”

About Black Spade Capital Limited
Black Spade Capital Limited is an established family office managing the private investments of Mr. Lawrence Ho. Headquartered in Hong Kong, its global portfolio consists of a wide spectrum of cross-border investments as it consistently seeks to add new projects and opportunities to its investment mix. Black Spade Capital’s investment strategy maximises coverage of geographic regions and sectors whilst maintaining a portfolio of diversified asset classes, ranging from equity, fixed income, pre-IPO investments, medical technology, leisure and culture, green energy, real estate to Web3. In July 2021, Black Spade Acquisition Co (NYSE: BSAQ), a special purpose acquisition company of which a subsidiary of Black Spade Capital is sponsor, was listed on the New York Stock Exchange.

About My Platform Information Technology (Guangzhou) Limited
My Platform is a global multi-party interactive cloud-based SaaS platform that provides a seamless experience in the healthcare industry for professionals and end-users. With over 20 years of experience in the medical, finance and IT fields, My Platform is dedicated to reshape the medical ecosystem and eliminate misinformation. Its powerful proprietary software can connect doctors, patients (members), pharmaceutical companies, insurance companies, hospitals and corporations and allows them to interact on one single platform. The all-integrated clinic solution built with state-of-the-art technology facilitates daily operation for all.






Topic: Press release summary

Joint Statement

Sep 9, 2022 | Business


On 8th September 2022, according to the consensus reached in the 16th round of India China Corps Commander Level Meeting, the Indian and Chinese troops in the area of Gogra-Hotsprings (PP-15) have begun to disengage in a coordinated and planned way, which is conducive to the peace and tranquility in the border areas.


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India-Mauritius 3rd Joint Committee Meeting on SME Cooperation

Aug 26, 2022 | Business


The 3rd Joint Committee Meeting (JCM)  between Ministry of Micro, Small and Medium Enterprises(MSME) and Ministry of Business, Enterprises and Cooperatives of Republic of Mauritius for cooperation in the field of MSMEs was held in New Delhi. In the said meeting, Indian side was led by Shri Narayan Rane, Union Minister for Micro, Small and Medium Enterprises (MSME), Government of India, and Mauritius side was led by Shri Soomilduth Bholah, Union Minister of Industrial Development, SMEs and Cooperatives. Minister of State for MSME, Secretary(MSME) and other senior dignitaries also took part in the meeting.





In the JCM, both sides reviewed the present engagement between India and Mauritius in the field of MSMEs, and held discussion on potential areas of cooperation in various areas including exchange of best practices and experiences in development of MSME sector; holding of physical/virtual exhibitions/fairs; technological cooperation; encouraging B2B collaboration/tie ups through B2B meets; entrepreneurship development & training programs; collaboration in various sectors such as aromatherapy, food processing and eco friendly businesses.





During the Mauritius delegation’s visit two Memorandum of Understanding (MoU) on cooperation have also been signed, one between SME Mauritius Ltd. and Entrepreneurship Development Institute of India (EDII)- Ahmedabad on 23rd August, 2022 in Ahmedabad; and another between SME Mauritius Ltd. and National Institute for Micro, Small and Medium Enterprises (Ni-msme), an institute under the Ministry of MSME on 24th August, 2022 in New Delhi.



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Joint News Release: BASF and Sulzer Chemtech sign Memorandum of Understanding to collaborate in sustainable technologies

Aug 26, 2022 | Business

-Strategic partnership to reduce the carbon intensity of renewable diesel and sustainable aviation fuel production

-Collaboration to develop innovative, cost-effective chemical processing solutions to turn mixed plastic waste into valuable materials

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BASF and Sulzer Chemtech (GTC Technology) have signed a Memorandum of Understanding (MoU) with the goal of advancing technologies for renewable fuels and chemically recycled plastics that will further expand the partners’ portfolio of sustainable solutions. The companies agreed to enter a strategic partnership to reduce the carbon intensity of renewable diesel and aviation fuel. They will also drive the development of innovative, cost-effective chemical processing solutions to improve the conversion of plastic waste into new plastics. The collaboration combines complementary areas of expertise, integrating Sulzer Chemtech’s capabilities in licensed processing technologies and mass transfer equipment with BASF’s cutting-edge high-performance adsorbents and catalysts.


Sulzer Chemtech, an established licensor for process technologies for renewable fuels and chemical recycling of plastics, is leading efforts to harness resources that can help global producers achieve their net-zero ambitions. BASF Process Catalysts is driving multiple initiatives aimed at turning plastic waste into a secondary raw material, for example with its newly developed PuriCycle® portfolio, as well as providing adsorbent and catalytic materials to produce clean and renewable fuels. 


“Global plastic pollution and mobility are challenges that we can help to solve by joining forces with partners”, said Detlef Ruff, Senior Vice President, Process Catalysts at BASF. “This is why we at BASF are involved in key strategic collaborations aimed at protecting our planet’s resources and transforming the way we do business. We are excited to work with Sulzer Chemtech and use our combined strengths to address plastic pollution and drive the adoption of more sustainable fuels.”


Torsten Wintergerste, President at Sulzer Chemtech, concludes: “Our process technology development team is continuously looking at new ways to support more sustainable, circular practices. The MoU with BASF allows us to broaden the scope of our portfolio and will lead to improved value offerings in both renewable fuels and the plastics recycling value chain. We look forward to working together to deliver advanced technologies that help our customers accelerate their path to net zero carbon emissions.”


About BASF’s Catalysts Division


BASF’s Catalysts division is the world’s leading supplier of environmental and process catalysts. The group offers exceptional expertise in the development of technologies that protect the air we breathe, produce the fuels that power our world and ensure efficient production of a wide variety of chemicals, plastics and other products, including advanced battery materials. By leveraging our industry-leading R&D platforms, passion for innovation and deep knowledge of precious and base metals, BASF’s Catalysts division develops unique, proprietary solutions that drive customer success. Further information on BASF’s Catalysts division is available on the Internet at www.catalysts.basf.com.


About BASF


At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 111.000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €78.6 billion in 2021. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.


About Sulzer Chemtech


Sulzer Chemtech division is the global market leader in licensing technologies, mass transfer, static mixing, and polymer solutions for petrochemicals, refining, and LNG. Chemtech also leads the way in ecological solutions such as biopolymers and textile and plastic recycling, contributing to a circular economy. Our product offerings range from process technology to components to complete separation process plants. Customer support ranges from engineering and field services to tray and packing installation, tower maintenance, welding, and plant turnaround projects – ensuring minimal downtime. www.sulzer.com