Fintech PR
Exclusive Interview with Mukesh Kothari
Reading Time: 6 minutes
This week we had the opportunity to speak with Mukesh Kothari, who took us deeper into the meaning of Yoga.
Thank you for your time answering the questions. Please tell us a little bit more about yourself. When was the first time you’ve started practicing Yoga and give us a bigger picture of what are you doing regarding Yoga?
I was born in Rishikesh, India in a Brahmin family. My father is a doctor and my mother is a social activist. I have two younger brothers, one of them is a Yoga teacher and manages our school in India and the other one choose to stay with Bank. I started doing yoga from my early school days, I studied in a Hindu school where spiritualism is a core of education and also included Sanskrit and yoga education. In 2003, I went to the Yoga school to finish my education in yoga and naturopathy (Ayurveda).
Now I share what I have learned from masters and school through yoga classes and courses. I conduct courses for general students who want to deepen their practice and also those who wish to share the same what I did by becoming a yoga teacher through yoga teachers training 200 and 500 hours.
Please explain a little bit for the readers, what is let’s say the difference or “better” in Bindusar Yoga and other kinds of Yoga, or Yoga is One and there are no differences? How can Yoga and Bindusar Yoga help people in generally speaking?
Technically yoga is the same, and no one can brand it to his invention. All yoga styles taught in modern time are inspired by Hatha yoga, and they are representing its method irrespective of the name used. Only difference occurs how much of its authentic nature is kept as per Hatha yoga teachings.
In Bindusar we try to deliver the lessons purely and practically, we include awareness of all yoga contents such as purification methods, asanas (posture control), pranayama (breathing methods), meditation and even enhancing its effectiveness by assimilation of Ayurveda in the form of diet, lifestyle and yoga therapy. Yoga and Ayurveda are sister sciences, and yoga widely quotes ayurvedic terms and concepts, so involve both for better understanding and effectiveness. We also explain why the practice is relevant and how it can be significant in the students’ life.
As some big yogis say, that Yoga is actually a way of life, and more than in western society people understand (not just exercise or respiration techniques), what do you think is it easy to adapt in daily lifestyle for people in western countries, or there are cultural or other boundaries?
There are no big, or small yogis, where big and small exists, then ego also exists, and yoga is all about dropping the ego. They are also right when they say it because postures and respiration method are just a tip of an iceberg of the yoga world. It needs well-trained teachers to grow awareness about the depth of yoga. But anyway, yoga is all about flexibility, either body or mind or even attitude to yoga itself. People can begin with postures and respiration method, and soon with the help of a good teacher, they can deepen the practice. Yoga is not meant for one culture; it is flexible and can be adapted to cultures, just keeping its effectiveness.
We understand that you are teaching in lots of countries, but you are living in Budapest. How Hungarians or people in Central and Eastern Europe understand Yoga or particularly Bindusar Yoga, is it easy to adapt in people’s daily lifestyle?
Precisely Hungarians and Romanians are deep thinkers, and their understanding and orientation to yoga are excellent. They are adapting the yoga in their daily life very well, even with 20 minutes of sun salutations. I have been teaching in Hungary for the last ten years, and yoga has evolved here a lot. In Bucharest, I came to train trainers in 2015, and during that time just a couple of small yoga studios exist and yoga is more seem like either a physical exercise in gyms or as a cult, but as I see now in 4 years, yoga has grown all over Romania and even in smaller towns. Our trained teachers have opened around ten studios all over Romania. We have done many Yoga teachers courses even in cities like Cluj, Brasov, etc. and are invited to Sibiu, Timisoara, Iasi, and Oradea. So, this shows Romanians are very keen to practice yoga and learn it well.
As a Yoga instructor, we are sure that you’ve met many people from different cultures, and as we know nowadays Yoga is a trend, too. From your experience have you seen people who really could adjust Yoga or particularly Bindusar Yoga as a lifestyle/way of living, or people just want to learn Yoga for their specific needs (ex. weight loss, for muscular system, relaxation or curiosity), and then they just quit.
People come to yoga for different reasons, such as you mentioned Philosophy, practice, and effects of yoga on health. My experience in Romania have proved people want not just health with yoga but also wants to accept yoga effectiveness in lifestyle such as eating, positive thinking, joyful living, good relationship, stress reductions, etc. With Bindusar we bring a method, where we analyze the student’s health, body and mind state, starts with easy yoga and slowly grow them with the safe practice to an advanced level at the same time improving the different dimension of life.
As we see you have several upcoming events in Hungary, Romania, Austria, one of those is this weekend, ” Bindusar Spine Yoga Therapy” in Romania, what can people learn there?
We regularly conduct workshops and courses in Europe. Mainly we run the series of workshops that are designed to help students either with their physical health, mind or spiritual motive. The Bindusar spine is our standard class that is taught by our trained teachers, and its primary purpose is to prepare students safe movements of the body with keeping spine and back safe. It helps students to understand their body so have an injury-free yoga practice. The Bindusar spine is also recommended for people with issues with the back, as the class is gentle and can help them to progress in the world of yoga safely and effectively.
Your Yoga classes have specific needs for people, dietary changes, for ex. Ayurveda or you accept anybody, who is willing to learn?
Yes as I mentioned with, we have system placed to introduce people to yoga in steps by steps. Our studios or course always invite beginners with spine classes after six weeks, they can enter to hatha and then to basics, basics 2, etc. Here is our chart attached that shows our method.
What do you think, why people should invest in Yoga?
Just for two reasons and those are health and good state of mind.
Take an example that most people want to amass wealth, career, status, family goals, etc. in their life the journey cost their health and peace of mind during the process. So, yoga helps you to achieve everything you need but keeping you healthy to enjoy the fruits of hard work.
Second, is a state of mind; every second we are becoming Vikshipta (distracted either with desires or fears) as said by sage Patanjali. Distracted state of mind always keeps us unsatisfied and anxious. Therefore yoga is the only solution to attain the Ekagara, the focused state where we keep the mind quarantined from negativity.
In conclusion, Bindusar Yoga system brings yoga in daily life to help students to enjoy fulfillment and stay healthy without moving to caves or jungle for peace of mind.
About Mukesh Kothari
Mukesh Kothari is a spiritual counselor for some and yoga guru to others. He was introduced to yoga at an early age due to the surrounding of his native village in Rishikesh (The yoga capital of the world” a town in the Himalayas). Later, the quest to understand it in depth took him to many Himalayan gurus and yoga school.
He has been teaching yoga since 2003, immediately after finishing his formal education in Yoga and Ayurveda. His teaching includes the style of Hatha yoga and inspired modern styles such as Ashtanga Vinyasa, Vinyasa, and self-created Bindusar yoga system.
His teachings also include the study of classical texts like Patanjali Yoga Sutra, Hatha yoga texts such as Hatha yoga pradipika, Gherand Samhita, Hatha ratnavali, where the complete approach of asanas, pranayama, meditation, and Vedanta emerges.
He has regularly been teaching in India and West since last 15 years, where he has gained the competency to explain the old tradition of Vedic yoga and Ayurveda knowledge to western students easily.
He was introduced to Ayurvedic lifestyle since from his childhood due to family and social environment, as his father is a doctor in an Ayurvedic system. He started learning yoga concepts at an early age under the guidance of Swami Hanumant Giri.
Mukesh Kothari has a high influence of yoga and spirituality during his school education of 14 years at the school of Honorable Swami Omkarananada Saraswati (www.omkarananda-ashram.org).
He is actively teaching around the world with his courses and Yoga teachers training 200 and 500 hours and set up his stable teachings along with a very dedicated team in European cities such as Budapest, Vienna, Prague, Moscow, Bratislava, London, Moscow, Sardinia, Cluj, and Bucharest. He has trained over 600 Yoga teachers in the European continent since 2012.
He is the founder of BinduSar Yoga Rishikesh and Yoga studio in Budapest, where more advanced courses and teacher development programs are conducted regularly.
For his courses in Europe and India, please visit: www.bindusaryoga.com
Fintech PR
THE 10 KG 99.99% PURE GOLD THE DANCE SCREEN (THE SCREAM TOO), A ONE-OF-A-KIND COIN FROM THE ROYAL CANADIAN MINT, SURPASSES $1.5 MILLION AT HEFFEL AUCTION
OTTAWA, ON, Nov. 21, 2024 /PRNewswire/ — The Royal Canadian Mint is delighted that the one-of-a-kind 2024 10 kg 99.99% Pure Gold Coin – The Dance Screen (The Scream Too), an exquisite numismatic tribute to the art of acclaimed Haida master carver Chief 7IDANsuu (James Hart), sold for $1,561,250.00 CAD (including Buyer’s Premium), after a live auction conducted by Heffel Fine Art Auction House (Heffel). This rare, pure gold masterpiece was sold to an anonymous bidder on November 20, 2024, and beat the previous record for a coin offered at auction in Canada, held by The Ultimate, a one kilo pure platinum coin also produced by the Royal Canadian Mint.
“We are thrilled by the collector interest in this unique coin and delighted that the skill of the Royal Canadian Mint and the talent of Chief 7IDANsuu (James Hart) have been recognized by the buyer of this rare and beautiful 10 kg pure gold masterpiece,” said Marie Lemay, President and CEO of the Royal Canadian Mint.
“It has been an extraordinary privilege to auction The Dance Screen (The Scream Too) 10kg pure gold coin,” said David Heffel, President of Heffel Fine Art Auction House. “The profoundly significant artwork by the esteemed Chief James Hart, showcased on its face, stands as an enduring icon of Canadian art, embodying the rich traditions and cultural narratives of the Haida Nation. We are honoured to have placed this masterpiece in a distinguished collection and look forward to seeing its legacy continue to inspire.”
Impeccably crafted from 10 kg of 99.99% pure Canadian gold, The Dance Screen (The Scream Too) re–creates carved images from the original red cedar panel carved by Chief 7IDANsuu on its reverse. The reverse design of the flagship coin of the 2024 Opulence Collection brings together traditional Haida figures—a Shaman, the Beaver, Raven, Eagle, Frog, Orca and Mother Bear with cubs—whose life deeply depends on the Salmon, represented in human and animal form along the edge. Six pearlescent pieces of responsibly sourced abalone shell are inlayed along the coin’s edge, where their aquatic hues shimmer in the light and their shapes evoke the Haida copper shields that serve as traditional markers of wealth. The imposing coin’s obverse features the effigy of His Majesty King Charles III by Canadian artist Steven Rosati, surrounded by an engraving of subtle sketch lines from the original carving.
About the Royal Canadian Mint
The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada’s circulation coins. The Mint is one of the largest and most versatile mints in the world, producing award-winning collector coins, market-leading bullion products, as well as Canada’s prestigious military and civilian honours.
As an established London and COMEX Good Delivery refiner, the Mint also offers a full spectrum of best-in-class gold and silver refining services. As an organization that strives to take better care of the environment, to cultivate safe and inclusive workplaces and to make a positive impact on the communities where it operates, the Mint integrates environmental, social and governance practices in every aspect of its operations.
For more information on the Mint, its products and services, visit www.mint.ca. Follow the Mint on LinkedIn, Facebook and Instagram.
About Heffel Fine Art Auction House
Since 1978, Heffel has connected passionate collectors across the world with outstanding works of art, with sales totaling nearly $1 billion. With offices in Toronto, Vancouver, Montreal, Ottawa and Calgary, Heffel has the most experienced team of fine art specialists in Canada and provides superior client service to both sellers and buyers internationally.
For more information, media are asked to contact: Royal Canadian Mint, Alex Reeves, Senior Manager, Public Affairs, 613-884-6370, [email protected]; Heffel Fine Art Auction House, Rebecca Rykiss, National Director, Brand and Communications, 416-961-6505 ext. 323, [email protected]
The fintech landscape continues to redefine itself, driven by innovation, partnerships, and groundbreaking strategies. Today’s roundup focuses on the latest digital wallet offerings, evolving payment trends, strategic collaborations, and notable funding achievements. This editorial explores the broader implications of these developments, casting light on how they shape the future of fintech and beyond.
Beacon’s Digital Wallet for Immigrants: A Gateway to Financial Inclusion
Beacon Financial, a leading player in financial technology, recently launched a digital wallet tailored to meet the unique needs of immigrants moving to Canada. This offering bridges a critical gap, enabling seamless financial integration for newcomers navigating a foreign system.
By combining intuitive technology with user-centric features, Beacon aims to empower immigrants with tools for payments, savings, and remittances. This aligns with the growing demand for tailored financial products that resonate with specific demographics.
Op-Ed Insight:
Financial inclusion is more than just a buzzword; it’s a moral imperative in the fintech space. Products like Beacon’s digital wallet highlight the industry’s potential to create tangible change. As global migration trends increase, such offerings could inspire similar initiatives worldwide.
Source: Fintech Futures.
Juniper Research Highlights 2025’s Payment Trends
Juniper Research’s latest report unveils pivotal payment trends poised to dominate in 2025. Central themes include the adoption of instant payment networks, a surge in embedded finance solutions, and the rise of crypto-backed financial products.
The research underscores the rapid adoption of real-time payment systems, fueled by increasing consumer demand for speed and efficiency. Meanwhile, embedded finance promises to blur the lines between traditional banking and non-financial services, delivering personalized and context-specific solutions.
Op-Ed Insight:
As the lines between financial services and technology continue to blur, these trends emphasize the industry’s shift toward convenience and personalization. The growing role of crypto-based solutions reflects an evolving consumer mindset, where decentralization and digital-first experiences gain precedence.
Source: Juniper Research.
MeaWallet and Integrated Finance Partner to Revolutionize Digital Wallets
MeaWallet, a prominent fintech solutions provider, has partnered with Integrated Finance to advance digital wallet capabilities and secure card data access for fintech companies. This collaboration focuses on empowering fintechs to deliver better, safer digital payment experiences.
MeaWallet’s role as a technology enabler aligns seamlessly with Integrated Finance’s goal of simplifying complex financial infrastructures. Together, they aim to create scalable, robust platforms for secure payment solutions.
Op-Ed Insight:
Partnerships like this underscore the importance of collaboration in driving innovation. As security concerns grow in tandem with digital payment adoption, solutions addressing these challenges are essential for maintaining consumer trust. The fintech ecosystem thrives when synergy and innovation coalesce.
Source: MeaWallet News.
Nucleus Security Among Deloitte’s Fastest-Growing Companies
Nucleus Security has achieved a remarkable milestone, ranking 85th on Deloitte’s 2024 Technology Fast 500 list. This achievement is attributed to its robust cybersecurity solutions, which cater to the increasingly digital fintech environment.
With cyberattacks becoming more sophisticated, fintech companies are under immense pressure to safeguard their platforms. Nucleus Security’s growth reflects the rising demand for comprehensive, scalable security solutions that protect sensitive financial data.
Op-Ed Insight:
In a digital-first world, robust cybersecurity isn’t optional—it’s fundamental. The recognition of companies like Nucleus Security signals the growing importance of protecting fintech infrastructure as the industry scales globally.
Source: PR Newswire.
OpenYield Secures Funding to Transform the Bond Market
OpenYield has announced a successful funding round, aiming to revolutionize the bond market through innovative technology. The platform promises greater transparency, efficiency, and accessibility in fixed-income investments.
This funding underscores the growing appetite for digitizing traditionally opaque financial markets. By leveraging cutting-edge technology, OpenYield seeks to democratize bond investments, making them accessible to a broader audience.
Op-Ed Insight:
The bond market, long viewed as complex and inaccessible, is ripe for disruption. OpenYield’s efforts to modernize this space highlight fintech’s transformative potential to democratize finance and empower individual investors.
Source: PR Newswire.
Key Takeaways: Shaping the Future of Fintech
Today’s developments underscore several critical themes in the fintech landscape:
- Personalization and Inclusion: Products like Beacon’s wallet highlight the importance of understanding and addressing specific user needs.
- Collaborative Ecosystems: Partnerships, like that of MeaWallet and Integrated Finance, emphasize the power of collaboration in solving industry challenges.
- Emerging Technologies: Juniper Research’s predictions affirm the continued influence of blockchain, embedded finance, and instant payment networks.
- Security at the Core: The recognition of Nucleus Security underscores the essential role of cybersecurity in fintech.
- Market Transformation: OpenYield’s funding signifies the ongoing disruption of traditional financial markets, paving the way for broader accessibility.
The post Fintech Pulse: Daily Industry Brief – A Dive into Today’s Emerging Trends and Innovations appeared first on News, Events, Advertising Options.
TEL AVIV, Israel, Nov. 21, 2024 /PRNewswire/ — Israel Corporation Ltd. (TASE: ILCO) (“ILCO”) announced today its third quarter results for the period ending September 30, 2024.
|
Selected Financial Figures for the Third Quarter 2024: |
||
|
$m |
Q3/24 |
Q3/23 |
|
ILCO share in ICL profit1 |
49 |
59 |
|
Financing income, G&A and other expenses at ILCO headquarter level |
– |
(1) |
|
Tax income of ILCO Headquarters |
– |
– |
|
Net profit to company’s shareholders |
49 |
58 |
Liquidity at the ILCO Headquarters Level2
As of September 30, 2024, total financial liabilities were $722 million, and investments in liquid assets amounted to $843 million of which $313 million are pledged deposits.
Net cash1 as of September 30, 2024, totaled $84 million. The net cash includes the fair value of derivatives transactions, which increases the economic value of the financial liabilities by $37 million. As of June 30, 2024, the net cash was $64 million.
Additional updates
On March 27, 2024, ILCO Board of Directors decided on distribution of dividend at the sum of $37m, this in accordance with the company’s dividend policy announced in January 2023. The payment date was April 17, 2024.
On July 17, 2024, S&P Maalot, reaffirmed ILCO’s credit rating of ilA+/stable.
ILCO financial results of ILCO are mainly affected by the results of its investees. For more details see detailed financial report.
|
ILCO Total Assets, Net |
|
|
$m |
30/09/2024 |
|
Assets |
|
|
ICL (~567m shares, market value4) |
2,427 |
|
AKVA Group (~6.6m shares, market value4) |
35 |
|
Other5 |
11 |
|
Total Assets |
2,473 |
|
ILCO’s Net Cash |
84 |
|
Total Assets, net |
2,557 |
About Israel Corporation
Israel Corporation Ltd. (TASE: ILCO) (“ILCO”) is a reputable public investment company, which owns and invests in high quality companies with established managements and go-to markets.
In November 2019, ILCO announced its updated strategy, ILCO plans to expand its portfolio through new investments over the next few years. ILCO plans to focus mainly on the food (inc. tech), agriculture (inc. tech), healthcare and industry 4.0 sectors. For more details please see the following link to ILCO updated Strategy Presentation
ILCO strives to generate return on its investment through active board participations and its operational and managerial expertise.
ILCO current core holdings include c.44% stake in ICL Group (NYSE:ICL, TASE:ICL) and c.18% stake in AKVA Group (OB:AKVA). ILCO is publicly traded on the Tel Aviv Stock Exchange under the ticker ILCO and is included in the TA-35 Index.
For further information on ILCO, see ILCO’s publicly available filings, which can be found on the Tel Aviv Stock Exchange website at http://maya.tase.co.il.
Please also see ILCO company website http://www.israelcorp.com for additional information.
Convenience Translation
The financial information found in this press release is an English summary based on the original Hebrew financial statements and is solely for the convenience of the reader. The binding version is the original in Hebrew.
Forward Looking Statements
This press release may contain forward-looking statements, which may not materialize and are subject to risks and uncertainties that are not under the control of ILCO, which may cause actual results to differ materially from those contained in the disclosures.
Investor Relations Contact
Idan Hizki
Vice President, Business Development & Investor Relations
Tel: +972 3 684 4500
[email protected]
1. Amortization of excess cost
2. Israel Corp and its wholly owned and controlled headquarter companies.
3. Following the end of the quarter, $6m were np longer pledged
4. As of September 30, 2024
5. Includes 1.508m shares in Nordic Aqua Partners (OB:NOAP), after the end of the quarter NOAP successfully completed a financing round of ~NOK 366m, in which ILCO participated slightly above its pro-rata share ending with total shares of 1.98m.
View original content:https://www.prnewswire.co.uk/news-releases/israel-corp-reports-results-for-third-quarter-of-2024-302313398.html
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