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Why is there a need for a new Indian shoe size system? What are the shoe sizes offered?


Both manufacturers and customers can benefit significantly as they will only need to produce eight sizes, eliminating the complexity of half the sizes. (Symbolic photo: AP file)

Since there is no ‘scientifically derived’ shoe size system for Indian feet, ‘Bha’ will consider not only the length of the foot but also the width to create a more comfortable fit for all age groups.

A new shoe size system has been proposed for Indians, which is expected to replace the existing UK/European and US measurements by 2025.

‘Bha’, representing India, is the proposed Indian shoe size system, developed based on a survey conducted by Chennai-based CSIR-CLRI to record the average foot size of an Indian.

But why is there a need to change the existing shoe size system?

The current Indian standard IS 1638:1969 specification for footwear is based on European and French standards. The new size system, bha, will consider not only the length but also the width of the foot to create a more comfortable fit for Indians of different age groups.

“We are bringing customization for Indians, which will help improve their comfort. For the trials, we are planning to work with mold manufacturers and then join hands with companies for the same. We will conduct user-based testing for approximately 10,000 people and track them for a year. We should be able to launch the Indian footwear sizing system by 2025,” CLRI director KJ Sriram said, as quoted Hindustan Times,

CSIR-CLRI pointed out that since there is no “scientifically derived” footwear size system in India, it is necessary to develop an indigenous size system based on the dimensions of Indian feet. “This is necessary because shoes made on the adapted English size system adopted in India can never be comfortable for our feet as their characteristics are very different from English feet,” CSIR-CLRI said. The Economic Times,

The agency said both manufacturers and customers could benefit significantly as they would not only need to produce eight sizes, eliminating the complexity of half the sizes and improving production efficiency.

survey findings

The survey was conducted across 79 locations across five geographies between December 2021 and March 2022, covering 1,01,880 individuals. It used 3D foot scanning machines, with the help of which researchers understood the shape, dimensions and structure of the average Indian foot.

The findings showed that Indians have wider feet than Europeans or Americans, which highlights the need for a better shoe size system.

CSIR-CLRI found that growth in foot size for an average Indian woman peaked at age 11, while for an Indian man it peaked at around 15 or 16 years of age.

a report of Indian Express Industry experts were quoted as saying that in recent times, Indians rejected 50% of shoes ordered online due to size mismatch.

The new sizing system will have better perimeters than the systems currently available in the markets.

The council claims that the new system will provide convenience to 85% of Indians.

suggested shoe sizes

Eight footwear sizes have been proposed:

• I- Infant (0 to 1 year)

• II- Infant (1 to 3 years)

• III- Young children (4 to 6 years)

• IV- Children (7 to 11 years)

• V- Girls (12 to 13 years)

• VI- Boys (12 to 14 years)

• VII- Women (14 years and above)

• VIII- Male (15 years and above)

As per BHA size system, half size will not be required.

“The shoes will be certified by BIS to aid in quality control, raw laboratories testing and selection of the right raw materials. 3D printing technology is also being used for this,” said CSIR Director General N Kalaiselvi. Hindustan Times,

It is often seen that the sizes shown online are preferably UK or European, which may or may not fit the buyer’s foot clearly. The UK sizing system regulated by the British was never upgraded in India.

Under the current size system, the average shoe size worn by an Indian woman is 4-6, while for men it ranges between 5-11.

Stock market today iStock 1663298052199 1714032750824
Multibagger Stock: Vijay Kedia-backed TAC Infosec share price surges over 400% in less than a month of listing


Since its debut on NSE SME on April 5, Vijay Kedia-backed TAC Infosec share price has surged more than 400% in less than a month. So far, investors who have received shares will have earned approx. 6.36 lakh. TAC Infosec share price closed at 10% upper circuit today, the stock opened At Rs 518 per share on NSE, it touched intraday high 530.05 and an intraday low 509.

TAC Infosec share price made a bumper start to the month, where it opened 290, which is 173.58% more than the issue price 106. The stock closed with a listing gain of 187.3%. On the fourth day, TAC Infosec IPO subscription position was 422.03 times. The issue has received an excellent response from non-institutional investors, whose set of shares was subscribed 768.89 times, and retail investors, whose set of shares was subscribed 433.80 times, according to data from Chittorgarh.com. Qualified Institution Buyers (QIBs) received 141.29 subscriptions.

Also read: NMDC Shares up 140% in 10 months; Should you invest in metal stocks now?

“Exciting news! Mint is now on the WhatsApp channel 🚀 Subscribe today by clicking the link and stay updated with the latest financial information!” Click here!

In a major step to improve app security across all platforms, TAC InfoSec has been named as a lead cyber security assessor for the App Defense Alliance (ADA), according to an exchange filing. The Android Development Alliance (ADA), which was first introduced by Google in 2019 to combat fraudulent Android apps, is currently moving to the Joint Development Foundation (JDF) under the Linux Foundation.

TAC Security joins ADA with key players in the sector, including ESET, Lookout and Zimperium, strengthening the alliance’s security against emerging digital threats. ADA’s steering group now includes digital giants like Microsoft and Meta (formerly Facebook), highlighting an even more cooperative effort to develop app security standards and practices.

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“We are proud to partner with Microsoft and Meta’s App Defense Alliance to advance app security globally,” said Trishneet Arora, Founder and CEO of TAC Security. digital environment for users around the world.”

Dr. Ravi Singh, SVP, Retail Research, Religare Broking Ltd. informed that TAC Infosec Ltd. provides risk-based software as a service (SaaS) solutions, including penetration testing, cyber security quantification and feasibility management and assessment. Is. If we look at the current scenario, the share price of the company is overvalued. The net profit of the company has not grown well in the last three years and the cash flow is also very low. Therefore, as an investor, one should avoid investing in it and currently there is a lack of liquidity in this stock.

TAC Infosec IPO Details

TAC Infosec IPO was valued at approx 29.99 crore, consisting of fresh issue of 2,829,600 equity shares, each having a face value of Rs. 10. There were no components for sale.

The funds were to be used to acquire TAC Security Inc. (Delaware, USA) and convert it into a wholly owned subsidiary, engage in product development and human resources, and pursue common business goals.

Charanjit Singh and Trishneet Arora are the promoters of the firm. The company’s CEO and founder Trishneet Arora holds 74% stake in TAC Security. 15% of the company is held by well-known stock market investor Vijay Kishanlal Kedia. Five percent ownership is with Ankit Vijay Kedia, four percent ownership is with Charanjit Singh and two percent ownership is with Subinder Jeet Singh Khurana.

Also read: LTIMindtree share price falls 3% after Q4 results; Experts are divided on the stock

Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint. We recommend investors to check with certified experts before taking any investment decision.

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Published: April 25, 2024, 01:53 PM IST

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Syngene International MD and CEO Jonathan Hunt expects improved US biotech funding to aid FY20 growth.


Syngene International The share price has remained volatile in recent times. Concerns over challenging financing conditions for US biotech, which have led to reduced demand for R&D services, have increased volatility. biocon Research arm Syngene International share prices.

Jonathan Hunt, Managing Director and Chief Executive Officer of Syngene International Ltd., said, “While fourth quarter performance was below expectations, the difficult funding environment has dampened the underlying demand for research and development services within US biotech. Well understood and already showing positive signs of improvement”

Syngene International reported an 8% year-over-year decline in revenue from operations in the fourth quarter. 917 crores. Profit after tax for the quarter increased 6% year-on-year 189 crores.

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However, other business segments including development business and manufacturing services in addition to discovery services and dedicated centers supported the segment.

While the second half may see some slowdown for Synege, for the year (FY24) Syngee posted revenue from operations at Rs. 9% growth to Rs 3,489 crore in FY23, resulting in profit after tax and extraordinary items rising 12% to Rs. 519 crores.

High growth guidance-

Hunt highlighted that growth guidance by Syngene during fiscal 2015 is in high single digit to low double digit terms compared to approximately 6% in fiscal 2015.

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The pace of growth will increase from the second half of financial year 2025. US biotech majors had stepped up their efforts and fund raising and a good amount of funds have been raised by US biotech firms in FY24 in the January-March quarter. Historically it has been seen that investments start increasing in the next six months after raising funds. So we may actually see better investment growth during the second half.

In the manufacturing services sector, the successful acquisition of a biologics manufacturing plant from Stelis Biopharma was also completed. Reconstruction of the plant is progressing as planned, with completion of facility upgrades and qualification predicted in the second half of 2024.

Benefits of China Cruises

The Indian pharmaceutical industry as a whole has seen a significant increase in enquiries, site visits etc. from global pharmaceutical companies who are looking to reduce their dependence on China. Hunt said green shoots are visible and the rotation to China over time will benefit the industry and Syngene International in terms of growth, which has begun.

dividend increases – The dividend declared by Syngene International has increased by 150% from Rs 0.50 per share at the end of FY2013 1.25 per share, face value 10, at the end of FY24. Hunt said investors have been rewarded with higher dividends during FY24. The company intends to pay a higher dividend to shareholders, although this will be reviewed on an annual basis.

Capex-

Syngene International which had invested around $60 million in FY24, will also invest $55 million in FY25. About half of this will be invested in research services, and the rest in automation, digitalization of manufacturing facilities

Unlock a world of benefits! From informative newsletters to real-time stock tracking, breaking news and personalized newsfeeds – it’s all here, just a click away! log in now!

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Published: April 25, 2024, 01:48 PM IST

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Sainsbury’s delivery update – ‘technical issue’ leaves hundreds of angry customers without shopping orders


What usually happens with canceled online orders?

During the supermarket’s last technical outage, Sainsbury’s said it would contact all affected customers to discuss rearranging their deliveries.

If your order does not arrive, you will not be charged.

But on the odd chance you have, you will be entitled to a full refund.

If you do not receive a response from the supermarket after the technical issue has been resolved, we recommend that you contact Sainsbury’s yourself.

You can do this by calling 0800 328 1700.

Sainsbury’s statement of issues

A Sainsbury’s spokesperson said: “A small technical issue has affected some online grocery orders this morning.

“We have contacted these customers directly to apologize for the inconvenience.”

The store also confirmed that the issues have now been resolved.

Second delivery canceled this year

Today’s issues come just a few weeks after Supermarket victim of similar disorderWhich canceled most online deliveries in March.

Angry customers also became unable to pay later Company owners admitted that most online shops would be left without delivery,

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Lok Sabha elections: EC seeks response from PM Modi, Rahul Gandhi over MCC violations

On Thursday, the Election Commission of India found Prime Minister Narendra Modi and Rahul Gandhi to have violated the Model Code of Conduct by allegedly inciting enmity and propagating false allegations. The poll body has asked for a response by April 29 at 11 am. Both the parties had accused each other of inciting hatred and division based on religion, caste, community, or language.

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‘Every day that I’m in the middle, I feel…’: Pant after GT win

Delhi Capitals’ skipper Rishabh Pant rejoiced returning to cricket with an unbeaten 88 off 43 balls, securing a narrow 4-run victory against Gujarat Titans. Pant, alongside Axar Patel, formed a crucial 113-run partnership, propelling Delhi to 224/4. Pant emphasized time on the field boosts his form, praising Rasikh Salam’s bowling choice in the tense encounter.

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ABD opens up on ‘Impact Player’ rule, Chahal’s departure from RCB

Former South African cricketer AB de Villiers shared his views on the controversial “Impact Player” rule, asserting its minimal harm despite batting dominance in the IPL. Delhi Capitals’ Axar Patel and a Gujarat Titans batter criticized the rule. De Villiers attributed the batting feast to stellar wickets and deemed it premature to assess the rule’s impact, citing his initial excitement.

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Watch: ‘Ant bhala toh sab bhala…’: Axar relives DC win vs GT

Delhi Capitals emerged victorious against Gujarat Titans with strong performances from Rishabh Pant and Axar Patel. GT’s Sai Sudharsan and David Miller also made significant contributions. DC climbed to No. 6 in the standings.

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MI just don’t seem to be holding onto anything: AB de Villiers

AB de Villiers suggests Mumbai Indians must win five of their last six IPL 2024 matches to improve their performance. Despite recent losses, he believes MI is still the strongest team in the league.

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Watch: What made Virat tell Cummins ‘You are too good, Pat’

Sunrisers Hyderabad’s Pat Cummins bantered with Royal Challengers Bengaluru’s Virat Kohli after a joint training session. The two teams will meet in IPL 2024 at the Rajiv Gandhi International Stadium on Thursday. Sunrisers are currently number three on the points table, while RCB are in dire straits with just one win in eight matches.

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