Latest news with #Jerald
The Hindu
30-07-2025
- The Hindu
Export of Kumbakonam betel leaves goes up
The volume of export of Kumbakonam betel leaves, which hold an indispensable association with Tamil culture and social customs, to Middle East and South Asian countries has gone up sharply. The betel leaves, which are grown in the Cauvery Delta region specifically in regions like Thiruvaiyaru, Papanasam, Thiruvidaimarudhur, Kumbakonam, and Valaigaman blocks of Thanjavur and Tiruvarur, are commonly referred to as Kumbakonam betel leaves. According to the vegetable and fruit exporters based in Tiruchi, the volume of betel leaves export, especially Kumbakonam betel leaves, is going up steadily every month. The volume of export, which was below one tonne in 2021, has gone up to two tonnes per day. The export volume goes up to four to five tonnes during important festival times such as Deepavali, Pongal, Tamil New Year and others. The leaves have a shelf-life of just a day in Middle East countries as the leaves become dry within 24 hours due to the high heat climatic condition. Hence, the exporters prefer to send the leaves in specially made containers by cargo from Tiruchi airport daily. There are exporters, who prefer to export the betel leaves to England, France and Germany through the connecting flights from Qatar. In addition to the Tamil diaspora, exporters say the native citizens of Saudi Arabia, Bahrain, Qatar, United Arab Emirates, Kuwait, Singapore, Malaysia, Indonesia and others have adapted to the practice of having 'sweet beeda', which is made up of betel leaves, nuts, honey and a few other ingredients, after their meal. The practice has gained popularity especially among people, who eat 'briyani' in the Middle East countries. 'We witness a steady increase in volume of Kumbakonam betel leaves exported from Tiruchi airport. The change is visible in the post COVID-19 period. People in the Middle East and other countries consider the betel leaves to possess excellent medicinal properties. It is the main reason for the increase in the volume of export,' says G. Satish Kumar of the Importers and Exporters Federation, Tiruchi. Jerald, another exporter from Tiruchi, said that the importers invariably insist on the supply of high quality betel leaves, that are grown in the Delta region. Hence, he had employed a team of people to source betel leaves from Kumbakonam, Thiruvaiyaru and neighbouring places. Mr. Kumar said that the Geographical Identification tag on Kumbakonam betel leaves was likely to boost export further in the near future.
Business Wire
15-05-2025
- Business
- Business Wire
Lynq, the Real-Time Yield-Bearing Settlement Network, Appoints Jerald David as CEO
NEW YORK--(BUSINESS WIRE)--Lynq, the real-time, yield-bearing settlement network for digital assets, today announced the appointment of Jerald David as its Chief Executive Officer. A seasoned leader in digital assets innovation and financial infrastructure, Jerald David previously served as President of Arca Labs since 2019. Announced in April 2025, Lynq was developed through a collaboration between Arca Labs, Tassat Group, and tZERO Group. 'Lynq is on a mission to provide a settlement solution that solves for market fragmentation, mitigates counterparty credit risk, and delivers yield back to users of the platform,' said Jerald David. 'I'm honored to lead the network towards that goal. This effort would not be possible without the support of our growing consortium of institutional sponsors, and the vision, commitment, and deep expertise of our joint venture partners, Tassat and tZero, whose collaboration has laid the foundation for a truly transformative industry solution.' As CEO of Lynq, Jerald David will apply more than 20 years of experience in financial services and over 8 years in digital assets to continue driving innovation in digital asset market infrastructure. Prior to his appointment at Lynq, he was the President of the Adviser to the first '40 Act Fund to issue shares as digital asset securities, the Arca US Treasury Fund. He started his career in digital assets as COO at Evermarkets (EMX), an exchange designed to trade traditional commodities and digital assets on one platform. Prior to that, he held leadership positions at the CME, NYMEX and DME. 'Jerald has been instrumental in the conception and development of Lynq,' said Rayne Steinberg, CEO of Arca. 'His leadership at Arca Labs, strong relationships within the industry, and deep understanding of both TradFi and digital asset securities make him the ideal person to guide Lynq through its launch and growth.' 'Jerald's conviction has been a guiding force for bringing Lynq from an idea to reality since our first meeting about the project 18 months ago,' said Thomas Restout, Group CEO of B2C2. 'We are excited for him to lead Lynq through its launch and execute our shared vision.' The Lynq network aims to provide scalable and efficient settlement rails that address the unique challenges of the digital asset ecosystem, including market fragmentation, counterparty risk, and evolving regulatory frameworks. The Lynq consortium — which includes Avalanche, B2C2, Galaxy (TSX: GLXY), U.S. Bank and Wintermute — helps ensure liquidity and mass institutional participation within the industry. To learn more about Lynq and join the network, please visit About Lynq Lynq is a broker-dealer operated, real-time settlement utility powered by a tokenized treasury fund custodied at a special purpose broker-dealer. Developed by Arca Labs, Tassat, and tZERO Group, and supported by a syndicate of leading digital asset and TradFi institutions, Lynq offers clients a scalable and inclusive settlement service on a proven end-to-end platform. Built by the industry, Lynq delivers yield and transparent proof of reserves within a bankruptcy-remote architecture that minimizes counterparty risk. Lynq's patent-pending Yield-in-Transit technology enables users to maximize earned interest even during settlement operations, driving unprecedented capital efficiency. Yield is calculated by the fund administrator, Ultimus Fund Solutions. For more information, please visit
Time of India
12-05-2025
- Time of India
Vasai-based couple on vacation in Philippines killed in road accident
Vasai: A couple from Vasai, Jerald Pereira (50) and Priya Pereira (46), was killed in a road accident on May 10. in the Philippines. They had gone on a vacation to the Philippines on May 5, and were on the way to a waterfall when the accident took place, said a member close to the family. The family also informed TOI that the Indian Embassy has been approached for help and the process to bring their bodies back to India in the next couple of days is currently underway. Jerald is reported to be working on a ship, while Priya was a teacher in a Mumbai-based school. They are survived by their parents and their two children — a 20-year old son pursuing veterinary course in a Gurgaon college and a 17-year-old daughter studying in a Vasai Philippines police report said the locals called the cops around 12:55, immediately after the crash, which happened at Badian municipality area, a province under Cebu. After reaching the spot, cops detailed that the Indian couple, who was on a two-wheeler, was hit by a truck which was travelling in the same direction. While overtaking, the truck changed lanes but couldn't complete the overtake due to an on-coming vehicle and rammed the couple's two-wheeler. Due to the impact, the duo were thrown onto the parked vehicles. Police confirmed that while Priya was declared dead on spot, Jerald was taken to hospital, where he succumbed to his injuries.
