Chennai (Tamil Nadu) [India], February 12 (ANI/BusinessWire India): India’s pioneer in Laundry service since 2011, Wassup has now launched a disruption in the laundry industry with Waterless laundry. Wassup introduces Qlnz technology patented in association with Aeronero where water is generated by the machine by air condensation for laundry washing and outlet water is recycled 95 per cent to ensure that clean clothes do minimum damage to the water table.
Every laundromat consumes a minimum of 1000 litres of water every day. With Qlnz this is completely optimized as water generated from the air is recycled and used over and over again with minimal wastage. This is a new patented technology by aeronero which achieves the highest yield and recycling. Water thus generated and used has low TDS value therefore reduces the use of detergent and bleach as well as keeps whites whiter and colours brighter.
QLNZ TECHNOLOGY –
At Wassup, the company uses AIR to transform the Laundry industry and in an ecofriendly way disrupt the way water is being used in Laundry Process. The biggest raw materials in Laundry process is water. A laundromat consumes on an average 1000 litres of water every day. Every single cycle of laundry consumes 30 to 50 litres of water. 1 garment consumes 2 litres of water for washing. That’s a lot of water!! To solve this problem, At Wassup, the company uses a patented technology from its partner Aeronero which Wassup calls as QLNZ. To start with, Qlnz generates water from air through a condensation process. This water is of the highest quality suitable for drinking purpose and this is being used in the washing process.
Once the washing is done, the soap water from the washing process which is then recycled from soap water to again pure water through company’s patented water recycling technology which brings backwater to the previous pure levels and keeps it to the right TDS and softness. This process enables Wassup to recycle water up to 95 per cent.
WORLD’S FIRST –
Water generation and water recycling have been done before independently. What is probably the first time in the world is that Wassup uses this combination to solve the water problem for the Laundry business and ensure that Laundry is 100 per cent water sustainable and independent. And also what’s again a first is that all this is being done in a compact 2 feet by 2 feet machine that doesn’t take too much of space.
QLNZ technology makes laundries 100 per cent water-free and recycles water up to 95 per cent.
The residue from water recycling is organic and can be disposed of as plant manure.
The advantages of this technology are that –
1. Laundry is no more a water source dependent business.
2. This is sustainable, eco-friendly and “Water neutral”. Every wash of a customer with Wassup now saves 30 litres of water for the planet. Every day a Wassup Laundromat saves 1000 + litres of water for the planet and gives back to the environment.
3. Laundry business doesn’t have to look for real estate that has access to water or sewage lines – no pollution issue.
4.Water generated is of the highest quality and right TDS levels to keep whites whiter and colours brighter.
5. Customer cost is the same as water cost is less than 10 paisa per litre which ensures the cost of washing doesn’t increase.
Balachandar. R Founder Wassup observes that – “What you do regularly is not enough anymore. It is how you do it. The world doesn’t need more companies doing things the same way, but we need to innovate and do things differently.
Wassup has been a pioneer in the laundry space since 2011. What we are launching today is a very powerful concept and technology having the potential to disrupt the laundry space. We are now introducing Waterless laundry / Water neutral laundry which is probably the first time in the world where both the water generation and water recycling technology is being used in this sector. With this technology, we are confident we will be revolutionising this industry with technology that will make a huge shift from making Laundry a water source dependant business to a water source independent business.
We will now be franchising Wassup Laundromats with Qlnz technology starting at Rs 5 lakhs, 12 lakhs, 15 lakhs thereby democratising the technology to ensure the fast spread of this technology for the benefit of this planet. Join us to become our Franchisee to create Laundromats across the world using Waterless Laundry Technology. Write to me at firstname.lastname@example.org.”
Durga Das Founder Wassup & Aeronero says – “The partnership between Wassup a pioneer in the Laundry business and the team at Aeronero to take this use case of Laundry and to come up with a Waterless laundry concept is a win win-win – for business, customers and for the planet as well. We are hoping that this technology will be extensively used in the laundry industry in the coming years.”
For more details on Qlnz pls visit – https://wassup.me/qlnz/
This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)
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AGEL commissions 100 MW wind power project in Gujarat before schedule
Ahmedabad (Gujarat) [India], March 8 (ANI): Adani Green Energy Ltd (AGEL) said on Monday its subsidiary Adani Wind Energy Kutch Three Ltd (AWEKTL) has commissioned a 100 megawatt wind power plant at Kutch in Gujarat five months ahead of its schedule.
This is the fifth project commissioned before schedule by the company over the past one year, AGEL said in a statement. The plant has power purchase agreement with Solar Energy Corporation of India (SECI) at Rs 2.82 per kilowatt hour.
With successful commissioning of the plant, the company has an operational wind generation capacity of 497 MW. AGEL has total renewable capacity of 14,815 MW including 11,470 MW that has been awarded and is at different stages of implementation.
With this project, the company has added a total renewable capacity of 800 MW in the last 12 months despite challenges of Covid-19 outbreak.
Like all its other assets, the newly-commissioned plant will be managed by Adani Group’s intelligent energy network operation centre’s platform that gives AGEL complete centralised visibility and an ability to manage its renewables assets on a pan-India basis.
AGEL said it has continued to integrate the objective of sustainability with economic development, thereby creating jobs as well as enabling decarbonisation in line with India’s commitment at United Nations Climate Change Conference in Paris.
The company is a part of Adani Group and has one of the largest global renewable portfolios over 14,815 MW of operating, under-construction and awarded projects catering to investment-grade counterparties.
The company develops, builds, owns, operates and maintains utility-scale grid-connected solar and wind farm projects. Key customers of AGEL include National Thermal Power Corporation (NTPC), Solar Energy Corporation of India (SECI) and various state discoms.
Listed in 2018, AGEL is a 25.03 billion dollar company. Mercom Capital, the US-based think tank, recently ranked the Adani Group as the number one global solar power generation asset owner. (ANI)
Emaar Malls plan merger with Emaar Properties a credit negative: Moody’s
Dubai [UAE], March 8 (ANI): Moody’s Investors Service has said the proposed merger of Emaar Properties and its subsidiary Emaar Malls by way of share swap will be credit negative for the latter.
Emaar Malls shareholders excluding Emaar Properties, which owns 84.6 per cent of Emaar Malls, will receive 0.51 Emaar Properties share for one Emaar Malls share, equating to a 7.1 per cent premium to Emaar Malls’ closing share price on March 1.
“The transaction will be credit negative for Emaar Malls because it will increase credit linkages between Emaar Malls and Emaar Properties, and because Emaar Malls will no longer be listed following the merger. It will therefore lose access to the equity market to raise capital.”
Moody’s said the proposed transaction contrasts with its expectation of Emaar Malls developing as a quasi real estate investment trust by virtue of expanding its shareholder base and thereby reducing the influence of its parent.
Although the two entities will continue to operate at arm’s length, the lack of minority shareholders increases governance risks. Emaar Malls’ financial policies will not change, including dividend payments of 50 to 70 per cent of funds from operations and a maximum gearing (net debt divided by equity plus net debt) of 50 per cent.
The company has a good track record of operating under these policies. “However, we view its decision not to pay dividends in 2020 despite the weak outlook for its parent’s development business as positive,” said Moody’s.
Emaar Malls’ issuer and sukuk ratings are unchanged by the proposed merger. Moody’s said it believes Emaar Malls has no intention to increase its leverage from current levels or to conduct any transaction aimed at supporting Emaar Properties by way of leveraging Emaar Malls’ balance sheet.
A sukuk is a sharia-compliant bond-like instruments used in Islamic finance. Sukuk involves a direct asset ownership interest while bonds are indirect interest-bearing debt obligations.
“We estimate Emaar Malls’ adjusted gross debt to EBITDA was 2.5x as of December 31, 2020 and within our guidance for a Baa2 rating.”
On the date of the merger, which will take place after certain conditions are satisified (like the transaction’s approval by Emaar Malls’ sukuk holders), Emaar Properties will assume Emaar Malls’ assets and liabilities and Emaar Malls will be dissolved as a legal entity.
Emaar Malls’ existing business will be reconstituted into a new wholly-owned subsidiary of Emaar Properties. Emaar Malls Management LLC will become the new obligor of existing Emaar Malls 750 million dollar sukuk. (ANI)
Fitch, S&P rate IRFC’s proposed USD notes at BBB-minus
Hong Kong, March 8 (ANI): Fitch Ratings has assigned Indian Railway Finance Corporation’s (IRFC’s) proposed US dollar Regulation senior unsecured notes a rating of BBB-minus.
The proposed notes will be issued under IRFC’s existing four billion dollars global medium-term note programme.
The net proceeds from proposed notes will be used for funding acquisition of rail assets which IRFC will lease to Indian Railways, and to meet debt-financing requirements of various entities in the railway sector.
Fitch said the proposed notes are rated in line with IRFC’s issuer default rating on the basis that the notes issued under the programme will constitute direct, unconditional and unsecured obligations of IRFC and rank pari passu (on equal footing) with all its other present and future outstanding unsecured and unsubordinated obligations.
Meanwhile, S&P Global also assigned BBB-minus rating to long-term foreign currency issue rating to IRFC’s proposed benchmark size senior unsecured US dollar notes. (ANI)
Equity indices rise 1 pc, GAIL top gainer
Mumbai (Maharashtra) [India], March 8 (ANI): Equity benchmark indices rose by nearly 1 per cent during early hours on Monday mirroring strong trends in Asian markets.
At 10:15 am, the BSE S&P Sensex was up by 514 points or 1.02 per cent at 50,919 while the Nifty 50 edged higher by 169 points or 1.13 per cent to 15,107.
Most sectoral indices at the National Stock Exchange were in the green.
Among stocks, energy major GAIL rose by 6 per cent to Rs 156 per share while ONGC was up by 5.3 per cent to Rs 121.05. UPL, Axis Bank and Larsen & Toubro too traded in the green with margins ranging between 2.7 to 3.8 per cent.
However, Bajaj Auto fell by 1.9 per cent to Rs 3,780 per share. UltraTech Cement, Asian Paints, Nestle India and Britannia were in the red zone.
Meanwhile, Asian shares rallied after the US Senate passage of a 1.9 trillion dollar stimulus bill augured well for a global economic rebound.
Japan’s Nikkei gained by 1.2 per cent while Hong Kong’s Hang Seng was up by 0.46 per cent and South Korea’s Kospi added 0.40 per cent. (ANI)
ASTM offers India’s first online Women Safety Course
New Delhi [India], March 7 (ANI/ThePRTree): Economic and technological advancements notwithstanding, India’s place in the world will be determined by how safe women are in this country.
A woman should never limit herself to the safe confines of her home simply because she doesn’t have safe and empowering public spaces.
Women often give up exciting opportunities for fear of unsafe working environments. In such a scenario, the best gift a woman can receive is to be equipped with the knowledge and skills that will boost her confidence.
ASTM’s Women Safety Training program provides women from all walks of life, corporate or otherwise, with the knowledge needed to protect themselves in unsafe scenarios.
This Women Safety Training course is conducted by ASTM Academy, a security training institute that has been training security professionals for over a decade. The online course seeks to transform today’s woman with psychological awareness, self-defence techniques, and awareness of how the law can protect her.
On the occasion of Women’s Day, ASTM Academy is offering this course at a very affordable cost investment to help women leave conquer their fear and stride independently towards the life they choose.
This practical course will give women the resources to keep safe in public places, workplaces, and private arenas. A safe, stress-free workplace brings out the best in individuals and also attracts the best talents in the industry. What better way to ensure that all women employees are in an atmosphere where the mind is without fear and the head is held high’!
Women empowerment is not just about protection, it’s also about giving women the means to get justice for any trespasses that may occur in their lives. Backed by years of experience in training, ASTM Academy deals with women’s Safety from all possible perspectives.
This course equips the participants with easily accessible know-how on technological, legal, social, and governmental support. A woman who is well informed is also well-armed to navigate into a world that may spring surprises on her unsuspecting self.
This story is provided by ThePRTree. ANI will not be responsible in any way for the content of this article. (ANI/ThePRTree)
Dr Taara Malhotra, leads the path of positivity via Energy Healing
New Delhi [India], March 6 (ANI/ThePRTree): Positivity in life comes from regulating the disturbances in the body’s energies and energy fields which are addressed via interventions into those energies and energy fields.
Dr Taara Malhotra, a well-reckoned Psychic, Celebrity Tarot Card Reader, Numerologist, Vastu Consultant, Astrologer, Energy Worker, and Spiritual-Karmic Healer invests her commitment as an Energy Therapist, Spiritualist, Clairvoyant, and Psychic Soul.
She is the light that shines for thousands of seekers who are walking the path of spiritual growth and self-empowerment to help, guide, and even train them in a way that overcomes the issues of health, wealth, and relationships.
Striving to help in balancing their energies, aura scanning and cleaning, Vastu correction, accessing past life records, name and signature correction, Dr. Malhotra provides healings and remedies free of cost to underprivileged people.
She is one of the most trusted names in divine energy today. Having said that, she has also contributed her hand in curing numerous cancer and paralysis patients using her expertise in alternative healing techniques.
Recently, Taara Malhotra got listed in “Forbes Magazine” as one of the leading personalities in Spiritual Healing and Training. An eminent member of the Abhigyane Foundation affiliated with The United Nations (Department of Economic & Social Affairs), she works for the welfare of society. She also hosts workshops in a variety of colleges to talk and train about the importance of energy healing.
Her vibes have been a source of spiritual guidance to top Bollywood celebrities, industrialists, and many more eminent members of society. Taara is also a Certified Reiki GrandMaster, Akashic Records Teacher, Certified Tarot Card Reader, Astrologer, Lenormand Card Reader, Numerologist, Coffee Cup Reader, Karmic Healer, Lama Fera Master, Switchword Expert, Vastu Consultant, Crystal Healer, Spiritual Healer and has mastered various aspects of Aura reading and scanning. All this knowledge is brought to use to guide people and bring them in sync with their soul plan.
Being the Director of “Divine Energy Bliss” and “Center for Occult and Spiritual Learning” (CFOSL), she coordinates the learning programs, courses, and training in all the above modalities. Having trained more than 6800 students across the globe, she has won more than 100 awards and accolades in the holistic sciences and spiritual healing field.
Taara Malhotra is associated with Navbharat Times (Times of India) and Amar Ujala for over two years in the field of Numerology and Tarot Card Reading. One can see her on Haryana News, Zee TV, Aaj Tak, and CNBC. Timesjobs.com- magazines and newspapers are an important part of her journey for three years.
Her passion has been duly acknowledged by the world as she is honored with top awards and accolades in Occult Sciences, Spiritual Heading, and other Healing Modalities. Some of the most important achievements of her life include the Women Achiever Award by Abhigyane Foundation (United Nations), The Kohinoor Award for Outstanding Work in Occult & Spiritual World Year, National Choice award as Best Holistic Healer & Tarot Card Reader Year, Humanity Excellence Award, Energy Empress in 2016, Nari Shakti Samaan as 51 Most Influential Women of India. Many more of such milestones have been adorned on her trophy wall.
One could in a blink of an eye say that Dr Taara Malhotra is one of the top and most talented spiritual healers and life coaches. The one call for all those who are looking for guidance to lead the path of positivity.
This story is provided by ThePRTree. ANI will not be responsible in any way for the content of this article. (ANI/ThePRTree)
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