logo
#

Latest news with #BAF

World Environment Day 2025: Bengaluru RWAs lead the way with rainwater harvesting, solar power, and eco-friendly cutlery
World Environment Day 2025: Bengaluru RWAs lead the way with rainwater harvesting, solar power, and eco-friendly cutlery

Hindustan Times

time4 hours ago

  • Health
  • Hindustan Times

World Environment Day 2025: Bengaluru RWAs lead the way with rainwater harvesting, solar power, and eco-friendly cutlery

As the world marks World Environment Day on June 5, communities across the globe are being urged to take action under the 2025 theme 'Ending Global Plastic Pollution'. In Bengaluru, several Resident Welfare Associations (RWAs) are setting examples of sustainable urban living through innovative, community-led green initiatives. Another RWA operates one of the largest residential solar power systems in the city, with a capacity of 178 kW. The clean energy generated caters to common area needs and offsets nearly 50% of the total electricity consumption, substantially reducing the community's carbon footprint. Yet another residential community is focusing on waste management. Garden, floral, and electronic waste are segregated and processed. The community also reuses cutlery, under its in-house initiative, 'Rent-a-Cutlery', which provides reusable utensils for eco-friendly events organized by other residential complexes. In a notable case, one resident has designed an aerated apartment model that impressed the Bangalore Water Supply and Sewerage Board (BWSSB), which is now considering replicating the idea in other developments, Vikram Ray, president of Bengaluru Apartment Federation (BAF), told The model uses water aerator taps that reduce the flow of water and also decrease water consumption. "BAF is supporting the BBMP (Bruhat Bengaluru Mahanagara Palike) Climate Action Cell in celebrating World Environment Day by curating the Bengaluru BluGreen Showcase 2025, an event on June 6, which is a coming together of various RWAs and homebuyer initiatives to display a variety of climate impact initiatives undertaken by them," Ray said. Also Read: World Earth Day 2025: Environmental experts highlight planning as essential for sustainable urban development At Century Saras Apartments, residents can meet the water needs of all 128 units for at least one month during the 3–4 month monsoon season without tapping into borewell resources. "'Every three days, our 1-lakh-litre rainwater tank fills up. This water is then filtered and used for drinking purposes. We also collect greywater, which is treated in our Sewage Treatment Plant (STP), aerated, and purified before being redirected into our water tanks," Shivananda Prabhu, president of Century Saras Apartment Association, told Through these efforts, the residents save around 1.25 crore litres of water annually compared to other apartments. Considering that, as per BBMP guidelines, each apartment typically consumes 3 lakh litres of water per year, we are saving nearly 30% of our water usage across the entire apartment complex," he said. Also Read: Act against environment laws violating projects: NGT to Greater Noida authority Sowmya Raghavan, who oversees waste management at White House Apartments, shared that the project has one of the largest residential solar plants in the city with a capacity of 178 kW. The power generated is used for common areas and contributes around 50% of the total power consumption. "Beyond power, the residents have also implemented a comprehensive waste management system. Garden, floral, and electronic waste are segregated and processed separately. We use reusable cutlery, supported by their in-house brand, Rent-a-Cutlery, which provides reusable utensils to other communities organizing eco-friendly gatherings and replaces the disposable ones,' said Raghavan. The cutlery initiative, originally run by the RWA, was later shifted under a trust set up during the COVID-19 period for better accounting and fund management. Revenue from the initiative is directed toward welfare activities. For instance, the community recently purchased laptops worth ₹36,000 for underprivileged children, partially funded through the ₹25,000 raised from renting and selling cutlery. Their cutlery bank has even supported sustainable weddings, powering two such events so far in Bengaluru. Environmental experts say that resident welfare associations (RWAs) are playing an important role in driving change at the community level in terms of environmental conservation. "However, it is essential for RWAs to not only focus on what they are already doing but also to educate members about traditional practices and their long-term benefits. Their vision must go beyond the boundaries of their housing societies. Instead of limiting their efforts to internal water harvesting systems, which are often minimal, they should become active stakeholders in preserving larger ecological assets like wetlands, lakes, and reservoirs," Akash Vashisht, advocate, National Green Tribunal (NGT) said. Experts say that RWAs, by virtue of their representative structure, have access to skilled individuals, committed leadership, and a sizable population. Their participation is urgently needed, especially as Indian cities continue to struggle with ecosystem degradation and increasing pressure on natural resources, Vashisht said.

NextSource Materials Shifts Battery Anode Facility Plans to Middle East for Accelerated Growth
NextSource Materials Shifts Battery Anode Facility Plans to Middle East for Accelerated Growth

Yahoo

time2 days ago

  • Business
  • Yahoo

NextSource Materials Shifts Battery Anode Facility Plans to Middle East for Accelerated Growth

TORONTO, ON / / June 2, 2025 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or "the Company") announces an update to its Battery Anode Facility (BAF) strategy, withdrawing from its Mauritius option to focus on accelerated, larger-scale opportunities in the Middle East. Since November 2022, NextSource has been working closely with its project stakeholders to establish a world-class BAF in Mauritius. The Company leased a potential BAF site and invested in upgrading existing processes to ensure compliance with local regulations and to minimize any environmental impact. Throughout the extensive Environmental Impact Assessment (EIA) review process, the Company continually and promptly met all requests for information. Due to the prolonged and costly nature of the process, along with the remaining risk of post-approval contestation of Minister-approved EIAs, the Company has decided to exercise its option to terminate the lease agreement at the end of May and withdraw its EIA application at no further cost. This strategic decision minimizes financial exposure while leveraging the transportable BAF processing equipment, ensuring cost-efficient redeployment and installation at any suitable new location. The Company is now prioritizing the development of a larger-scale BAF in the Middle East, targeting prospective sites in the Kingdom of Saudi Arabia and the United Arab Emirates. These locations offer streamlined permitting processes, robust infrastructure, and strategic proximity to global EV manufacturers ("OEMs"), enabling the Company to accelerate its timeline and meet growing demand for high-value graphite anode material. NextSource has made steady progress to advance discussions with potential OEMs to secure an offtake agreement, currently under negotiation. These negotiations are centered on meeting the specific requirements of OEMs supported by positive feedback from product qualification trials. The development of larger-scale BAFs aligns with the Company's broader strategy of ensuring a secure and sustainable supply chain of active anode material for global OEM customers. Hanré Rossouw, President and CEO commented, "NextSource continues to progress our commitment to a sustainable and scalable supply chain for battery anode materials. While the decision to terminate our lease in Mauritius has not come lightly, we are excited to pursue larger-scale opportunities in the Middle East, leveraging our expertise and assets to meet global demand more efficiently." A move to the Middle East also aligns with navigating evolving global trade dynamics, including favorable tariff structures in regions like the UAE, which currently faces a 10% US reciprocal tariff compared to markedly higher tariffs on Chinese graphite anode materials. Battery Anode Facilities are value-added processing facilities that are capable of converting smaller size fraction graphite concentrate into a high-value graphite anode product, which is a critical and major component to the battery anode material that is assembled along with cathode material into lithium-ion batteries used in electric vehicles. About NextSource Materials Inc. NextSource Materials Inc. is a battery materials development company based in Toronto, Canada that is intent on becoming a vertically integrated global supplier of battery materials through the mining and value-added processing of graphite and other minerals. The Company's Molo graphite project in Madagascar is one of the largest known and highest-quality graphite resources globally, and the only one with SuperFlake® graphite. The Molo mine has begun production through Phase 1 mine operations. The Company is also developing a significant downstream graphite value-add business through the staged rollout of Battery Anode Facilities capable of large-scale production of coated, spheronized and purified graphite for direct delivery to battery and automotive customers, in a fully transparent and traceable manner. NextSource Materials is listed on the Toronto Stock Exchange (TSX) under the symbol "NEXT" and on the OTCQB under the symbol "NSRCF". For further information about NextSource, please visit our website at Investors may contact: Brent Nykoliation, Executive Vice President +1.416.364.4911 brent@ Cautionary Note This press release contains statements that may constitute "forward-looking information" or "forward-looking statements" within the meaning of applicable Canadian and United States securities legislation. Readers are cautioned not to place undue reliance on forward-looking information or statements. Forward looking statements and information are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "potential", "possible" and other similar words, or statements that certain events or conditions "may", "will", "could", or "should" occur. Forward-looking statements include any statements regarding, among others, the filing of an Updated Feasibility Study and the timing thereof; the completion of offtake agreements and certain other business and operational plans of the Company; the rollout of Battery Anode Facilities including the capabilities, permitting and the timing thereof; and the outlook in Graphite markets. These statements are based on current expectations, estimates and assumptions that involve a number of risks, which could cause actual results to vary and, in some instances, to differ materially from those anticipated by the Company and described in the forward-looking statements contained in this press release. No assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur or, if any of them do so, what benefits the Company will derive there from. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Although the forward-looking statements contained in this news release are based on what management believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with them. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release. SOURCE: NextSource Materials Inc. View the original press release on ACCESS Newswire

Gavin and Stacey's Ruth Jones hints at new James Corden series with four-word comment
Gavin and Stacey's Ruth Jones hints at new James Corden series with four-word comment

Wales Online

time20-05-2025

  • Entertainment
  • Wales Online

Gavin and Stacey's Ruth Jones hints at new James Corden series with four-word comment

Gavin and Stacey's Ruth Jones hints at new James Corden series with four-word comment Ruth Jones, who recently scooped a BAFTA for her role in Gavin and Stacey, says the character of Nessa is in her "soul", and she has high hopes for a future collaboration with James Corden Ruth Jones recently picked up a BAFTA for her role on the BBC show (Image:for BAF ) Ruth Jones has shared a four-word comment that suggests there could be a new project with James Corden on the horizon. The Gavin and Stacey star recently scooped a best female performance BAFTA TV Award for her role as Nessa Jenkins in the hugely popular BBC sitcom. ‌ Notably, the 58-year-old actress accepted the award for the show's finale episode in her bare feet, having removed her shoes and "settled in" as she didn't think she would win an accolade. ‌ Despite the show ending last year, Ruth clearly has a soft spot for Nessa, revealing that the character is in her "soul" and "heart". As for her writing partnership with Gavin and Stacey co-creator James, there could be something new on the way. Ruth revealed that her Gavin and Stacey character is in her "soul" and "heart" (Image:) Ruth told Heat magazine: "I've had a 17-year journey with the character, which is so rare. She's in my soul and in my heart. I've worked with the best people - the cast, crew, production team and James Corden. I love working with James. I hope we can carry on working together." Article continues below When probed further about a possible future collaboration with James, she responded: "I think we will. We both like sitting in a room together. We do a lot of napping, but we do write, as well, when we eventually get going." During her acceptance speech, Ruth channelled the character's style as she exclaimed that winning the award was "immense". She also cracked a joke about a previous 'BAFTA' win. She said: "I weren't expecting to win this – no way. I won a BAFTA before. Of course, I have. In 1976. It was the Barry Arcade Fruity Technician Awards. And I was grateful for that – but this... this is cracking!" ‌ She went on to express her gratitude for the cast and crew before sharing her fondness for James, saying she enjoys working with him and how they have a dynamic akin to brother and sister. Ruth Jones hinted at a new project with James Corden (Image: Alan Chapman/) Ruth added that she and James, with whom she has written an upcoming book titled 'When Gavin Met Stacey and Everything in Between: A Story of Love and Friendship', have "such a good laugh together". Article continues below It follows reports that James has been considering a switch from TV to politics and reportedly wishes to succeed Sadiq Khan and run for Mayor of London, writes the Standard. The comedian and TV host, who spent eight years in the US and is now back in the UK, is said to have discussed the possibility during the BAFTAs. According to the publication, the 46-year-old opened up about his interest in politics to Beth Rigby, the political editor of Sky News, Harriet Harman, and Ruth Davidson. Speaking to the Mail, an onlooker claimed James told them that he enjoys the "cut and thrust" of politics, and it was suggested that he should "step into the political arena".

InvisiRisk Unveils Groundbreaking Build Security AI Agent
InvisiRisk Unveils Groundbreaking Build Security AI Agent

Associated Press

time08-05-2025

  • Business
  • Associated Press

InvisiRisk Unveils Groundbreaking Build Security AI Agent

InvisiRisk Unveils Build Security AI Agent to Detect Hidden Threats and Instantly Enforce Policies Across the Software Supply Chain. 'Our BAF is a proxy that performs deep packet inspection of network transactions as the build is happening, notifying you of security risks that sneak past shift-left developer tools...'— David Pulaski HOUSTON, TX, UNITED STATES, May 8, 2025 / / -- InvisiRisk, Inc. is excited to announce the launch of its revolutionary Build Security AI Agent, designed to transform the security landscape of software supply chains. This innovative solution leverages advanced artificial intelligence to provide unparalleled protection for CI/CD pipelines, ensuring the integrity and security of software development processes. Introducing the AI Build Security Agent The AI Build Security Agent is a cutting-edge tool that offers comprehensive visibility and control over the software supply chain. It analyzes the results of your builds and allows you, in a single click, to create a security policy so InvisiRisk IR Protect can enforce the new policy in real-time, adhering to a zero-trust framework. 'Regardless of the 100s of build security tools on the market, far too often, attacks are happening, by bypassing scanners and agents,' said David Pulaski, Co-founder of InvisiRisk, Inc. 'Our Build Application Firewall (BAF) is a proxy that performs deep packet inspection of network transactions as the build is happening, notifying you of security risks that sneak past shift-left developer tools and anomalies that stray from your baseline seen as unusual behavior,' he continued. Finally, Pulaski stated, 'when speaking to our consulting partners, far too often, due to the unique nature of every software application, people struggle to determine what the correct security policies should be for that app, CI/CD, and language, so our new Build Security AI Agent sees the actual build transactions, and helps you determine what policies are needed for each project – and can also be applied to global security policies with a single click.' Key Features and Benefits • Post-Scan Analysis: The Build Security AI Agent reviews deep packet inspection of build activity to identify risks and anomalies that shift-left scanners and agents may have missed. This ensures that even the most elusive threats are detected. • Policy Creation: With a single click, users can create security policies based on the AI Build Security Agent's findings. These policies are then enforced by InvisiRisk IR Protect in real-time. • Anomaly Detection: The agent identifies anomalies from your baseline build, providing insights into risks that you may not have thought of looking for, from the first build to the last. • Comprehensive Risk Management: The Build Security AI Agent helps manage a wide range of risks, including those that sneak past traditional tools, ensuring a robust defense for your software supply chain. • Safety Net for Compliance: InvisiRisk acts as a safety net, protecting you from shift-left tool misconfigurations and exceptions that could nullify your corporate attestations for NIST, CISA, CMMC, and other security claims. • InvisiRisk Advantage: InvisiRisk sees what others don't and stops what others can't. Transforming Software Security InvisiRisk's Build Security AI Agent is set to redefine how organizations approach software security. By providing detailed build analysis and enabling seamless policy creation, it empowers businesses to protect their build systems and ensure regulatory compliance with ease. This innovative solution is a testament to InvisiRisk's commitment to advancing the security of software supply chains and supporting the development of secure, reliable software products. About InvisiRisk, Inc. Founded by David Pulaski, Mike Clark, Tom Hamilton, and a team of software risk management professionals, InvisiRisk, Inc. has a rich history of developing recognized products including Idera, PentaSafe, BindView, ProQuent Systems, and CloudChomp. The company's mission is to provide cutting-edge solutions that enhance the security and compliance of software supply chains, helping organizations navigate the complexities of modern software development. For more information about the Build Security AI Agent and to get your free scan, please visit our website: David E Pulaski InvisiRisk, Inc. email us here Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

JM Financial maintains Buy on Bajaj Finance, raises target price to Rs 9,500
JM Financial maintains Buy on Bajaj Finance, raises target price to Rs 9,500

Time of India

time05-05-2025

  • Business
  • Time of India

JM Financial maintains Buy on Bajaj Finance, raises target price to Rs 9,500

Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel JM Financial has maintained its Buy call on Bajaj Finance with a revised target price of Rs 9,500 (Rs 9,350 earlier). The current market price of Bajaj Finance is Rs 8675.35 .Bajaj Finance reported Rs 45.5 billion (+19%/6% YoY/QoQ, 2% lower than JM Financial estimates) driving RoA/RoE of 4.0%/19.1%. This miss was mainly driven by higher credit cost of ~2.3% (~1.9% JM Financial estimates) as the company made a one-time additional provision of ~Rs 3.6 billion to strengthen ECL cover. Adjusting for this incremental provision, underlying credit costs would have been ~1.9%. AUM growth was healthy at ~26%/5% YoY/QoQ which along with ~10bps NIM compression led to ~22%/5% YoY/QoQ NII growth. There was a tax reduction of ~Rs 3.5 billion which largely compensated negative impact on PAT coming out of higher credit FY26, management has guided for ~24%-25% AUM growth (25%-27% earlier), stable NIM despite CoF coming down ~10-15bps, improvement in cost to income by ~40-50bps, lower fee income growth of ~13%-15% and credit cost in the range of ~ 1.85% - 1.95% leading to RoA of 4.4%-4.6% and RoE of ~19% -20%. Moderation in FY26 guidance in growth/RoE compared to long term guidance was a major negative from the brokerage expects AUM CAGR of 24% during FY25-27E (vs 30% during FY23-25) with avg. RoA/RoE of 4%/20% during FY26/27E. We like BAF given its ability to navigate across cycles. Though, given expected moderation in growth/RoE profile, current valuation of ~4.0/21xFY27BVPS/EPS looks rich and provide limited upside in near Financial expects AUM CAGR of 24% during FY25-27E (vs 30% during FY23-25E) with avg. RoA/RoE of 4%/20% during FY26/27E. They like BAF given its abilityto navigate across cycles. Though, given expected moderation in growth/RoE profile, current valuation of ~4.0/21xFY27BVPS/EPS looks rich and provide limited upside in near term. The brokerage maintains a BUY call on the stock with a revised target of Rs 9,500 (valuing at 22x FY27E EPS).Promoters held 54.73 per cent stake in the company as of 31-Mar-2025, while FIIs owned 18.9 per cent, DIIs 14.77 per cent.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store