Latest news with #InternetofThings
Daily Tribune
7 hours ago
- Science
- Daily Tribune
ISB celebrates Technofest showcasing students' talent and creativity
SK views The Indian School Bahrain (ISB) celebrated the 21st edition of its annual Technofest on Monday, 19 May 2025, at the Isa Town campus. The event was organised by ISB science department to mark Indian National Science and Technology Day and featured a wide range of competitions that encouraged students from Grades 4 to 12 to explore science through creativity and innovation. Students took part in various activities such as model making, poster designing, and display board presentations, all focused on important scientific themes. The competitions aimed to raise awareness and develop problem-solving and critical thinking skills among participants. In the Grade 4 model making competition on the theme Best from Waste, the winners were Abigail Arun (4-Z), Deborah Sasha Edwin (4-T), and Yousif Khamis Saad (4-M). Grade 5 students showcased their artistic talents in a poster-making contest on Save Soil for a Better Tomorrow, with Heer Dipak Bhai Kakadiya (5- H), Sera Kishore (5-J), and Pratyusha Dey (5-R) emerging as top performers. Themed display board contests were conducted for higher grades. Grade 6 focused on Clean Water and Sanitation, with Sections 6-K, 6-P, and 6-F taking the top three places. Grade 7 worked on Alternate Energy Sources, where Sections 7-C, 7-Q, and 7-H won honours. In Grade 8, the theme was Space Expeditions, and Sections 8-D, 8-K, and 8-P stood out. Digital poster-making competitions highlighted scientific knowledge and design skills. Grade 9 students focused on the Science of Vaccines, with Sections 9-Q, 9-I, and 9-P winning. Grade 10 explored Women in Science: Past and Present, and the top spots went to Sections 10-H, 10-W, and 10-U. Grade 11 focused on the Internet of Things with winners from 11-H, 11-N, and 11-Q, while Grade 12's topic, Importance of Nuclear Energy, saw Sections 12-H, 12-N, and 12-Q leading.
Business Recorder
13 hours ago
- Business
- Business Recorder
Cross-border logistics technology solutions: Pakistan grants official customs licence to Falcon-i
KARACHI: Falcon-i, Pakistan's leading Internet of Things (IoT) fleet management company has been granted an official customs license to provide cross-border logistics technology solutions. According to the details, the customs license approval enables Falcon-i to legally operate comprehensive fleet management services across international borders, making it one of the few technology-driven logistics companies in Pakistan to achieve this level of regulatory compliance and operational capability. The official license allows Falcon-i to provide seamless cross-border fleet management services with real-time visibility for international freight operations. The company's advanced IoT technology now integrates directly with customs and border authorities, enabling automated data sharing and significantly reducing processing times for international shipments. This technological integration represents a major advancement in how logistics companies can operate across multiple jurisdictions while maintaining full regulatory compliance. 'This license represents formal recognition of Falcon-I's commitment to security, transparency, and operational excellence,' the company said. The approval followed a rigorous evaluation process that included comprehensive compliance reviews with national security standards, demonstrating the thoroughness required for such specialized regulatory approval. Falcon-I's state-of-the-art technology platform streamlines processes to ensure full compliance with international security and trade standards. The system's automated data sharing capabilities minimize delays and errors while maintaining adherence to all relevant regulations across different jurisdictions, creating a more efficient cross-border logistics experience for clients. The enhanced capabilities will benefit clients across multiple sectors, including education, healthcare, agriculture, and cold chain logistics. The license opens new possibilities for businesses seeking dependable logistics partnerships that combine regulatory compliance with technological innovation, addressing a critical need in the evolving global supply chain landscape. As Pakistan's largest IoT fleet management company, Falcon-i has built its reputation on cutting-edge vehicle tracking, cargo management, and supply chain optimization solutions. The customs license extends the company's reach beyond national borders, positioning it as a global logistics partner capable of handling complex international operations. 'Our vision is to empower clients with intelligent, borderless logistics solutions that are not only reliable but transformative,' Falcon-i said. 'With this new license, Falcon-i is more than a service provider — we are a global logistics partner built for the future.' The customs license serves as a gateway for Falcon-I's international expansion plans. The company's innovative technologies, combined with uninterrupted data sharing capabilities and compliance with local and international regulations, establish credibility among stakeholders and regulatory bodies worldwide. This credibility is essential for building trust in cross-border logistics operations where security and compliance are paramount. Falcon-i continues to focus on innovation, accuracy, compliance, and customer service while serving a diverse range of industries. With the official customs license now in place, the company is positioned to extend its technological impact and fleet management expertise to international markets, potentially opening doors for other Pakistani technology companies to pursue similar regulatory achievements. Copyright Business Recorder, 2025
The Hindu
16 hours ago
- Business
- The Hindu
A.P. CM Chandrababu Naidu rolls out red carpet for investors, promises record-time clearances
Andhra Pradesh Chief Minister has said that welfare programmes cannot be implemented without the creation of wealth, adding that industrialists are the key wealth creation. Addressing the annual summit of the Confederation of Indian Industry (CII) in New Delhi on Friday, Mr. Naidu highlighted his government's industrial policies, the investment opportunities in Andhra Pradesh and the ongoing development efforts. The Andhra Pradesh government has set a target to transform the State into a $2.4 trillion economy by 2047 and the government is keen on making industrialists partners in the realisation of 'Swarna Andhra Vision– 2047', a long-term roadmap to transform the State into a leading hub for economy and innovation. 'We are leveraging the CBN brand to attract investments to Andhra Pradesh. Credibility is not built overnight. I invite you to visit Andhra Pradesh, assess the ground realities, and then invest. We are transparent, committed, and open for scrutiny,' the Chief Minister told the industrialists. Mr. Naidu said that India's first Quantum Computing Centre would be set up in Amaravati by 2026, in collaboration with TCS, IBM, and L&T. He urged the industry giants to harness this opportunity, highlighting that quantum computing, drones, IoT, and sensors are now bringing real-time data closer to businesses, and these domains will dominate the future. 'Our motto is not just Ease of Doing Business, but Speed of Doing Business,' Mr. Naidu said. The Chief Minister said that the A.P. government would roll out a red carpet for investors. 'From the moment an application is filed to land allotment and clearances, it is our responsibility to ensure everything moves swiftly. I promise record-time clearances,' Mr. Naidu said. Demographic dividend Noting that India is currently at a demographic advantage, he stressed the need for the country to properly leverage the situation to reap rich dividends. He praised Prime Minister Narendra Modi's leadership, calling it a key strength for the nation. Technologies such as AI, Quantum Computing, and drones are now playing decisive roles in global development. The widespread use of CCTV cameras, sensors, and the Internet of Things (IoT) signifies the extent to which technology has penetrated our lives. In this evolving landscape, what society now needs the most are visionary industrialists, he said. Mr. Naidu received a standing ovation for his address at the summit. The audience, mostly comprising top industrialists, applauded the Chief Minister's clarity on economic growth, technological transformation, and wealth creation. Impressed by his address and interaction, CII Director General Chandrajit Banerjee and CII president Sanjiv Puri, along with other dignitaries, felicitated Mr. Naidu, acknowledging his long-standing commitment to industrial development and innovation-led governance.
Business Recorder
18 hours ago
- Business
- Business Recorder
Cross-border logistics technology solutions: Falcon-i granted official customs licence
KARACHI: Falcon-i, Pakistan's leading Internet of Things (IoT) fleet management company has been granted an official customs license to provide cross-border logistics technology solutions. According to the details, the customs license approval enables Falcon-i to legally operate comprehensive fleet management services across international borders, making it one of the few technology-driven logistics companies in Pakistan to achieve this level of regulatory compliance and operational capability. The official license allows Falcon-i to provide seamless cross-border fleet management services with real-time visibility for international freight operations. The company's advanced IoT technology now integrates directly with customs and border authorities, enabling automated data sharing and significantly reducing processing times for international shipments. This technological integration represents a major advancement in how logistics companies can operate across multiple jurisdictions while maintaining full regulatory compliance. 'This license represents formal recognition of Falcon-I's commitment to security, transparency, and operational excellence,' the company said. The approval followed a rigorous evaluation process that included comprehensive compliance reviews with national security standards, demonstrating the thoroughness required for such specialized regulatory approval. Falcon-I's state-of-the-art technology platform streamlines processes to ensure full compliance with international security and trade standards. The system's automated data sharing capabilities minimize delays and errors while maintaining adherence to all relevant regulations across different jurisdictions, creating a more efficient cross-border logistics experience for clients. The enhanced capabilities will benefit clients across multiple sectors, including education, healthcare, agriculture, and cold chain logistics. The license opens new possibilities for businesses seeking dependable logistics partnerships that combine regulatory compliance with technological innovation, addressing a critical need in the evolving global supply chain landscape. As Pakistan's largest IoT fleet management company, Falcon-i has built its reputation on cutting-edge vehicle tracking, cargo management, and supply chain optimization solutions. The customs license extends the company's reach beyond national borders, positioning it as a global logistics partner capable of handling complex international operations. 'Our vision is to empower clients with intelligent, borderless logistics solutions that are not only reliable but transformative,' Falcon-i said. 'With this new license, Falcon-i is more than a service provider — we are a global logistics partner built for the future.' The customs license serves as a gateway for Falcon-I's international expansion plans. The company's innovative technologies, combined with uninterrupted data sharing capabilities and compliance with local and international regulations, establish credibility among stakeholders and regulatory bodies worldwide. This credibility is essential for building trust in cross-border logistics operations where security and compliance are paramount. Falcon-i continues to focus on innovation, accuracy, compliance, and customer service while serving a diverse range of industries. With the official customs license now in place, the company is positioned to extend its technological impact and fleet management expertise to international markets, potentially opening doors for other Pakistani technology companies to pursue similar regulatory achievements. Copyright Business Recorder, 2025
Yahoo
a day ago
- Business
- Yahoo
TRV to Sell Major Canada Insurance Operations: Time to Buy the Stock?
The Travelers Companies, Inc. TRV has inked a deal to divest the personal insurance business and the majority of the commercial insurance business of Travelers Canada to Definity Financial Corporation for $2.4 billion. The divestiture is intended to create long-term value via prudent capital allocation. Subject to regulatory approvals and other customary closing conditions, the transaction will see light in the first quarter of sale consideration represents a multiple of 1.8 times book value, excluding approximately $0.8 billion of excess local capital, which is being repatriated in a tax-efficient manner. To optimize its capital allocation and enhance long-term shareholder value, this insurer will deploy $0.7 billion of the net proceeds to buy back shares in 2026. The remaining $1.7 billion will support ongoing operations and general corporate boasts being the largest surety writer in North America. It has decided to retain its premier Canadian surety business, which is in alignment with its core competencies. It is also streamlining its operations. This latest strategic move is expected to be slightly accretive to earnings per share over the next several Financial Corporation, on the other hand, will become the fourth-largest property and casualty insurer in Canada following the buyout. This acquisition will also be immediately accretive to its operating earnings per share. TRV's Canada operation generates roughly $1 billion in premiums annually that will be added to Definity's personal lines business. Travelers boasts a strong market presence in auto, homeowners' insurance and commercial U.S. property-casualty insurance with solid inorganic growth. Travelers has grown net written premiums by more than 70% to over $43 billion in the past eight years, driven by strong retention rates, positive renewal premium changes and higher new business premiums in both Domestic Automobile and Domestic remains optimistic about the trajectory of its personal lines of business as insurers are tightening their underwriting standards. It expects to see moderated claim trends and is bundling auto and home to make coverages affordable. While Travelers expects renewal premium change to remain elevated as it continues to seek rate increases in response to higher loss costs, it also anticipates a gradual moderation over tandem with the industry's ongoing technological transformation, Travelers has been harnessing cutting-edge technologies — including artificial intelligence, the Internet of Things, data analytics, and cloud computing — to enhance its underwriting claims, customer experience and risk management capabilities. As part of its commitment to innovation, Travelers plans to invest more than $1 billion annually in technology to support continued advancement and operational solid cash generation has allowed it to return capital to shareholders via dividends and share buybacks. It increased dividends for the 21st consecutive year with a compound annual growth rate of 8% over that period. Its current dividend yield of 1.7% is better than the industry average of 0.3%.Shares of TRV have gained 14.3% year to date, underperforming its industry's increase of 16.5%. Image Source: Zacks Investment Research TRV shares are trading at a premium to the industry. Its price-to-book of 2.21X is much higher than the industry average of 1.63X. It is, however, cheaper than The Progressive Corporation PGR and The Allstate Corporation ALL, two other P&C insurers. Image Source: Zacks Investment Research Despite its premium valuation, investors can add this Zacks Rank #2 (Buy) stock to their portfolios as it is set to gain from underwriting excellence, solid investment income and a strong balance sheet with a statutory capital and surplus of $27.8 billion at first-quarter 2025 end. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Travelers Companies, Inc. (TRV) : Free Stock Analysis Report The Allstate Corporation (ALL) : Free Stock Analysis Report The Progressive Corporation (PGR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
