Latest news with #JES
Time of India
11-08-2025
- Science
- Time of India
ISRO centre organises outreach event at Jharsuguda institute for National Space Day 2025
Jharsuguda: In a move aimed at inspiring young minds in India's hinterland, scientists from the Satish Dhawan Space Centre (SDSC SHAR) at Sriharikota, popularly known as the Spaceport of India, marked National Space Day 2025, which is scheduled to be held on Aug 23, with a two-day outreach programme at Jharsuguda Engineering School (JES) starting from Monday. Tired of too many ads? go ad free now This was the first time that such an event was organised at the 70-year-old school in association with SDSC SHAR, which is an ISRO centre. The event was inaugurated by chief guest Dipak Kumar Sahoo, who is the vice-chancellor of VSSUT, Burla, in the presence of G Ramesh Babu, the deputy director of SDSC SHAR, and Dr A K Ghosh, chairman of organising sub-committee of SDSC SHAR. Breaking away from the usual celebrations held in metropolitan engineering colleges, ISRO officials chose this rural institution to ensure that students from interior areas, who often lack internet access and exposure to scientific developments, could directly engage with India's space science community. "We wanted to reach out to students in remote areas. Bright minds are not confined to cities. Even in villages, with the right zeal, one can achieve anything," G Ramesh said, while citing the example of former president Dr APJ Abdul Kalam as an inspiration. As part of the event, space exhibitions were held to inspire children to think creatively, enabling them to take steps towards research and development. The event included a space science exhibition, lectures, a written quiz, a live open quiz and working models. The ISRO team, comprising around 13 members, arrived three days in advance to conduct preliminary training sessions for the school's students. These sessions, according to officials, yielded remarkable results. "The way the students learned and went beyond the material shows their immense curiosity. They were able to research independently and explain concepts fluently," the official added. JES principal Ranita Das said, "As you know, National Space Day is observed on Aug 23, however, this celebration is being held for at least a month at various places. Tired of too many ads? go ad free now So, JES decided to host it from Aug 11 to 12. Our students have a good amount of knowledge and we thought such programmes should be organised here so that students can get an exposure. Various other schools' students from Classes 6 to 10 had also visited. It is free for all, including the public. We are also proud that many ISRO officials present here are from Odisha. I would like to thank our alumnus, Taradeep Seth, who is working at ISRO, for speaking to them and helping organise this event. If alumni can support us, then an institution can truly move forward."
Barnama
24-07-2025
- Health
- Barnama
Wild Elephants Given A Second Chance Through Johor Translocation Operation
KLUANG, July 24 (Bernama) -- A herd of wild elephants, once seen as a threat to local communities, is being given a second chance through a translocation effort by the Department of Wildlife and National Parks (PERHILITAN). In a coordinated operation this week, four female elephants, including a calf, were sedated and safely relocated from a rubber plantation in Kampung Sri Lukut, marking the start of a broader conservation mission in Kluang. This effort is part of an integrated operation launched on July 14, the first such initiative in Johor this year. Assisting in the operation were Abot and Sanum, two gajah denak (trained elephants) from the National Elephant Conservation Centre in Kuala Gandah, Pahang, guided by their handlers to help calm and lead the captured elephants. 'Gajah denak play a crucial role and typically work in pairs. They not only lead, but offer psychological reassurance that prevents panic and resistance,' said Johor PERHILITAN director Aminuddin Jamin. So far, nine wild elephants have been captured in the Kluang operation. Four were relocated two days ago, with two elephants moved during each subsequent session. One elephant has already been transferred to the Johor Elephant Sanctuary (JES). The operation is supported by satellite collars, each costing RM30,000 and drone surveillance to track herd movement. Over 30 personnel from PERHILITAN, JES and Kuala Gandah were involved in the field operation, along with a dedicated veterinary team. Johor PERHILITAN veterinary officer Dr Suliza Abd Wahab, who oversaw tranquilisation and post-capture care, views the elephants as patients rather than just wildlife. She explained that sedative doses are carefully tailored, with capture-phase doses reaching 20cc and reduced amounts used during transport or release.
Business Times
11-07-2025
- Business
- Business Times
Japan succession crisis fuels elevator empire 6,000% stock gain
[NEW YORK] Tucked away in Japan's vast corporate landscape is a little-known elevator maintenance company which has built an empire by buying up heirless family-run companies. Japan Elevator Service (JES) has turned the consolidation of small, nuts-and-bolts businesses into a stock market powerhouse that has surged nearly 6,000 per cent since its modest 1.8 billion yen (roughly S$20 million at that time) initial public offering (IPO) in 2017. Since listing, the company has announced acquisitions of 21 companies. It is among the Topix index's top performers since its debut with a market capitalisation of around 372 billion yen (S$3.2 billion). Key to JES's expansion plan has been looking for domestic lift maintenance companies that lack a clear succession plan and acquiring them, said Ikuo Mitsui, a fund manager at Aizawa Securities Group, who bought shares in the IPO. This has allowed it to pursue a growth strategy with a stable revenue base, he said. Japan is facing one of the world's worst population crises, with among the lowest birth rates in the developed world as people delay marriage and childbirth. The lack of children has affected family businesses who find there is no one to take over operations when the founder retires or dies. Take the company's latest acquisition. When the president of Showa Yusoki Tohoku died without an heir, the company, which is based 360 kilometres north of Tokyo in Sendai, Miyagi Prefecture, reached out directly, JES said, adding that the expansion of its client base was also a reason for the acquisition. More than half of Japan's 270,000 companies lacked succession plans last year, according to a Teikoku Databank report. The leadership vacuum triggered more than 500 bankruptcies that fiscal year, hitting construction, manufacturing and services sectors hardest, a separate report from the research firm showed. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Katsushi Ishida, who founded Japan Elevator in 1994 and holds a more than 20 per cent stake, has taken advantage of these demographic headwinds to increase the value of his company. The acquisition strategy has helped more than double the company's share of Japan's elevator maintenance market to 10 per cent over the last six years. Sales grew 17 per cent for the year to March, placing it in the top quintile among Topix members. Ageing infrastructure Investors and analysts remain optimistic that the 59-year-old entrepreneur can keep unearthing takeover targets in Japan's greying business landscape while winning hotly-contested maintenance contracts as the country's infrastructure ages. Ishida declined to comment for this story. The company could achieve a market share of 20 per cent, said Dariusz Czoch, senior portfolio manager at Federated Hermes Inc., a holder of the stock, without giving a timeline on when this might be met. JES forecasts its share of the Japanese domestic elevator maintenance market will rise to 13 per cent in fiscal year 2027. The 'big build-up of elevators took place in Japan over 20 years ago; this creates a good market for service and modernisation', Czoch said. Many elevator systems built during Japan's construction boom are nearing the end of their operational lives, meaning more business for elevator renovations. The company expects sales for modernising and refurbishing elevators to increase nearly 20 per cent this fiscal year from a year earlier, making it a key pillar in its goal for more than US$400 million revenue in fiscal 2027. With its operations concentrated inside Japan, the company has been largely shielded from effects of US President Donald Trump's protectionist trade threats. The stock has been one of the big winners over the past few months, with shares surging 48 per cent since Trump declared 'Liberation Day' on Apr 2. The gain is more than five times the return of the Topix Small Cap Index and far outpaces the 6.1 per cent rise in the broader Topix over the same period. All five analysts that cover the stock recommend shares to their clients and they have an average price target that implies the stock could rally another 11 per cent from Thursday's close. That said, the recent increase in market capitalisation may diminish JES's appeal for value investors. Shares now trade at an estimated forward price-to-earnings ratio of roughly 50, about double that of peer Fujitec. Rich valuation 'The valuation is incredibly rich,' said Tim Morse, an analyst at Asymmetric Advisors, who has maintained a positive rating on the stock since launching coverage three months ago. High valuations ramp up the pressure on JES's management team to continue to expand its market share and sales to appease new investors, he said. 'With a high valuation, there is less tolerance for any earnings disappointment,' Morse said. 'But what I believe investors like here is that there is a clearly defined strategy that is proven.' The company is due to release its first quarter earnings results on Aug 8. And then there is Japan's overall economic outlook which has been the big question for some time. 'I think there will be a phase at some point where growth begins to slow down, but at the moment it's still stable and going,' said Hisashi Arakawa, director and the head of equities at abrdn Japan. 'There aren't many domestic demand-oriented stocks capable of maintaining high returns with stable growth prospects over the next two to three years.' BLOOMBERG
Mid East Info
25-06-2025
- Business
- Mid East Info
Jeraisy Electronic Services Launches SASE Services Powered by Huawei, Pioneering Network Security Innovation in Saudi Arabia
Riyadh, Saudi Arabia, June, 2025 – Jeraisy Electronic Services JES, a leading Service Provider ISP company in Saudi Arabia, launched SASE services powered by Huawei at an event in Riyadh, marking a new chapter in its strategic network security collaboration and driving significant momentum toward Saudi Arabia's digital transformation. Abdulrahman Khaled Aljeraisy, GM of Jeraisy Electronic Services, stated that based on Huawei's AI-enabled network security convergence SASE solution and Jeraisy professional service capabilities, they will provide one-stop solutions with accurate detection and efficient O&M for more than 1000 customers in various industries with long-term cooperation. Kellen Wang, Deputy CEO of Huawei KSA, stated that this collaboration brings together Huawei SASE Solution with AI technologies across a four-layer architecture—cloud, network, edge, and endpoints—leveraging JES's deep local expertise in the ISP market, setting a new benchmark for secure and intelligent digital transformation in the region. Driving Network security Advancements in Alignment with Customers' needs: With the ongoing implementation of Saudi Arabia's Vision 2030, digital transformation is accelerating across both public and private sectors, driving growth in the ICT and network security sectors. JES proactively sought technology partners to innovate its service model. Through a deep collaboration with Huawei, it successfully launches a next-generation security service based on the Huawei SASE (Secure Access Service Edge) solution, fully supporting its transition from a traditional Managed Service Provider (MSP) to a Managed Security Service Provider (MSSP), and aligning its offerings with the evolving security needs of government and enterprise clients. Huawei SASE Solution: AI-Powered Network security: To meet JES's transformation goals and business needs, Huawei provided the SASE Solution, designed to secure those scenarios across cloud, network, edge, and endpoints, with three core capabilities: Intelligent Detection: Powered by AI-based threat detection engines, this solution achieves a 95% detection rate for unknown threats, which is 15% higher than the industry standard. Intelligent Collaboration: By leveraging Huawei's repository of over 8,000 inference rules and AI algorithms, the system automates 99% of security event handling, enabling full lifecycle threat management. Intelligent Integration: A unified security controller integrates network and security operations, enabling real-time threat mitigation via coordinated responses across endpoints, networks, and security devices, effectively blocking threats at their source. This solution has significantly enhanced JES's security operations, enabling the delivery of more competitive, efficient, and intelligent managed security services to its customers. Driving Efficiency and Unlocking Long-Term Value: In addition to strengthening security, the Huawei SASE Solution helps JES improve operational efficiency and lower the total cost of ownership (TCO). 10x Efficiency Boost: Unified platform operations for SD-WAN, firewall, and zero-trust functions streamline management workflows. 30% TCO Reduction: By deploying iMaster NCE-Campus and Qiankun OP locally, JES achieves integrated LAN/WAN and security operations, significantly lowering hardware reliance and resource investment. Flexible Architecture: License pooling decouples resources from tenants, enabling agile business models and sustained profitability in a competitive market. Looking Ahead: Building a Secure and Digital Saudi Arabia: Through this collaboration, JES has successfully transformed from a traditional MSP into a next-generation MSSP with the Huawei SASE solution. This evolution enables Jeraisy to deliver more agile, powerful, and scalable network security services to a broad customer base. Huawei will continue to support Saudi Arabia's Vision 2030, helping local enterprises achieve digital transformation, promote smart city development, and drive industrial upgrades, laying a solid foundation for a more secure and intelligent future for the Kingdom.
