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Steve Jobs: Man On A Mission

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Millions of people around the world today are proud owners of Apple products, from smartphones to watches and laptops. The passion and creativity of one person has reached people in the corners of the globe, making Steve Jobs, the founder of Apple, one of the most influential people in the tech industry. Some say the founder of Apple lost his footing on his way to success. But, few will disagree that Apple lost its sense of direction and pioneering spirit without Jobs on the front line. Engineering one of the most amazing turnarounds of the 20th century, Steve Jobs cemented his name in history as an icon of American business.

Every Apple fan knows the story of how the son of a machinist with an interest in electronics set out to build a computer for every household sparking the personal computer revolution. However, there are still a few facts that are not common knowledge!

Here are a few lesser known facts about the one of the most inspiring entrepreneurs, Steve Jobs.

1. Apple
Jobs decided to name his company Apple on his visit to an organic farm to collect fruits. He was a fruitarian and his diet consisted of only fruits and fish. 

2. Apple’s typography and font
After dropping out of college, Jobs continued his education by informally auditing classes. One of those courses was a calligraphy course, which was instrumental in the future Apple products’ attention to typography and font.

3. Annual Salary
Jobs’ annual salary at Apple was only $ 1 annually. However, he was a majority shareholder of Disney stock after selling Pixar and held close to 5.5 million shares of Apple stock. 

4. Packaging
An entire team at Apple was dedicated to study the experience of opening a box. Jobs insisted on achieving the excitement and emotional response level that is now common with all the Apple products.

5. Patents
Close to 346 United States patents have been listed with Steve Jobs named as either the inventor or co inventor. Apple’s famous glass staircase is one such patented attraction that pulls passersby into the store.

6. Mentor
Steve Jobs acted as a mentor to Larry Page and Sergey Brin, the founders of the search engine giant Google. He even shared some of his advisers with the duo but was furious when Google went on to launch the Android operating system.

7. Pancreatic Cancer
When Jobs was diagnosed with Pancreatic cancer, he waited for nine months before undergoing surgery. He instead opted for an alternative medicine regimen, including a vegan diet, acupuncture and herbal remedies, even consulting a psychic.

8. Bill Gates
Although they were rivals for a majority of the time, Bill Gates and Steve Jobs hit it off while doing an event together for the Bill and Melinda Gates Foundation. Bill Gates even wrote a letter to Jobs about how Jobs should feel great about what he had done and the company he had built. Jobs appreciated the letter and kept it by his bedside.

9. Last words
Till date, no one has been able to decipher Steve Jobs last words which were “Oh wow, oh wow, oh wow.” Jobs spoke these last words on his deathbed while gazing over his family’s shoulders before passing away on Oct 5 at the age of 56.

10. Steve Jobs: The Man With A Mission
One of Steve Jobs’ most famous quotes is “I want to put a ding in the universe.” I think it is safe to say Steve Jobs managed to put more than just a ding in the universe!

Watch Steve Jobs inspire graduates and entrepreneurs to dream big and achieve their dreams in this motivational video! 

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A Step towards Solving the Oxygen Crisis in Country, Albot Technologies Inaugurates O2 Plant in Pune

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A 500 LPM oxygen plant was inaugurated by Mr. Ajit Pawar, the Deputy Chief Minister of Maharashtra on Friday. The plant has been made operational by Albot Technologies Pvt. Ltd. in collaboration with D.Y. Patil International University (DYPIU) and is installed in the premises of D Y Patil Dnyanshanti School, Akurdi. This marked a monumental milestone towards a future with sufficient oxygen supply. To refresh one’s memory, during the second wave of the pandemic, India had immensely struggled with a rampant oxygen shortage. A sustainable solution to tackle such a critical issue was the need of the hour.

Mr. Ajitdada Pawar cuts the ribbon on Albot Technologies O2 Plant

The list of guests of honour also included the likes of Dr. Sanjay Patil – President, Dr. D.Y. Patil Pratishthan, Mr. Satej Patil – Chairman & Vice President Dr. D.Y. Patil Pratishthan, and Minister of State, Govt of Maharashtra and Dr. Prabhat Ranjan, VC D.Y. Patil International University.

The plant has been engineered to produce over 500 Litres of Oxygen per minute. It employs the well-known Pressure Swing Adsorption (PSA) technique by which the enriched oxygen is generated from the ambient air while filtering out the nitrogen. With the PSA technique, an oxygen purity of 93% can be achieved. Once the oxygen is generated, it can be directly supplied to the hospitals and industrial sectors.

“Our objective is to strengthen the oxygen manufacturing capacity in the nation to forestall the consequences as seen in the second wave of the pandemic. We are viewing this from a multidimensional perspective; enhancing the supply chain while keeping an eye on the evolving demand too,” said Dr. Akash Singh, CEO, Albot Technologies.

Under the Corporate-University collaboration, Albot Technologies has been in a partnership with DYPIU for technology, infrastructure, and healthcare projects.

This collaboration is fueled by the purpose to serve the community in the face of the COVID-19 pandemic and to develop indigenous O2 plant technology for future use under the “Make in India” initiative.

The specialized PSA technique used for this Oxygen plant is a “clean technology“. The raw materials used for this technique are only air and hence there’s no risk of contamination. The oxygen supplied via this plant can be stored for long-term usage and it’s completely safe to use because the chemicals used in the process are non-toxic.

Along with the added advantage of its capacity to produce 500 liters per minute, this O2 plant aims to annihilate India’s oxygen crisis substantially.

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Sirca Celebrates Jashn-e-Rang with Key Partners as they Believe ‘Ghar Hai Aapse’

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Sirca, one of the leading Italian and premium wood coatings brands in India hosted an event for its dealers and distributors family on September 13. The colorful event was carried out by following all COVID protocols, and the company hosted this program to spread positivity among its stakeholders.

Sirca Celebrates Jashn-e-Rang Event

Named Jashn-e-Rang, Sirca organized this event to live up to the companys motto Ghar Hai Aapse With this event, the company made a positive move by showcasing how events can be carried out in a new normal scenario.

Apart from distributors, dealers, and stakeholders, Bollywood beauty Malaika Arora, and singer Khadke Glassy fame Ashok Masti also graced the occasion with their presence. “Even though the global pandemic has taken a toll on the entire business sector in India, Sirca believes in positivity, and we have now celebrated our past achievements by giving rewards and recognition to dealers and distributors. We also inaugurated our new office and manufacturing units, and it is a clear indication that business operations can be done without any toll in this new normal scenario. As the second wave of the pandemic has now waned in India, I strongly hope that all business operations will be bounced back strongly in the nation,” said Apoorv Agarwal, Sirca Joint Managing Director.

“When the pandemic badly affected the world of business, Sirca stood tall as an industry leader. By organizing this event, Sircas exuberance is a huge example and great inspiration for the market, it’s always a pleasure to partner with such a spirited brand,” said Darpan Sharma, CEO & Strategist, DigiStreet.

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JM Financial Products Limited Announces Tranche I Public Issue of upto Rs. 500 Crore of Secured, Rated, Listed, Redeemable NCDs

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JM Financial Products Limited, the flagship NBFC arm of the JM Financial Group, announced Tranche I public issue of Secured NCDs of face value of Rs. 1,000 each.

Mr. Vishal Kampani, Managing Director, JM Financial Products Limited, (also MD, JM Financial Group), said, “JM Financial Products has fortified its position across business verticals with a diversified product mix while maintaining a focus on risk adjusted profitable growth. The Company has maintained strong liquidity buffers. This public issuance will continue to help us diversify our borrowing and investor mix. Our strong balance sheet, well-capitalised and diverse set of businesses and strategic client-focused approach position us to drive sustainable value for our stakeholders.

The Tranche I Issue offers 4 Series – Series I comes with floating interest rate option in the tenor of 39 Months. Series I carries floating interest rate based on 3-month T-Bill Rate published by the Financial Benchmarks India Pvt. Ltd. (“FBIL“) plus 3.15% spread. The Coupon for Series I NCDs will depend on the movement of the T-bill rate.

In addition, Series II, III and IV comes with fixed interest rate option in the tenor of 60 Months (Annual), 60 Months (Monthly) and 100 Months (Annual), respectively. Effective annual yield for Series II, III and III NCDs (fixed interest rate) ranges from 8.19% to 8.30% per annum. The Tranche I Issue offers options for subscription with coupon rates ranging from 7.91% to 8.30% per annum for Series II, III and IV NCDs (fixed interest rate).

The Lead Managers to the Issue are Equirus Capital Private Limited and JM Financial Limited.

The funds raised through this Tranche I Issue will be used for the purpose of onward lending, financing, and for repayment / prepayment of interest and principal of the borrowings of the Company (at least 75%) and for general corporate purposes (up to 25%).

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