Category: Business

New Delhi (India), May 8: Stella Indusstries, a global player for contract manufacturing in the personal care segment with a focus on delivering high quality products has announced its participation in Asia’s largest FMCG contract manufacturing and private label event (CMPL). The event is taking place in the Jio BKC in Mumbai starting from May 15th- May 17th, 2024. 

Stella with over 40 years of experience in the contract manufacturing industry will be showcasing their products on booth B-32. As a part of the event Stella will be showcasing their skin care, hair car, men’s grooming, perfumes, body sprays, hair n body mists and their Ayurvedic products for a wide range of clients. Their product line under these segments include Face wash/scrub, Sunscreen, Skin Toner, Skin Cleansing Pads, Hair Shampoo, Hair Conditioner, Hair Serum, Hand Cream , Creams, lotions, Beard oil, beard setting spray shaving foam Foot Cream, Stretch mark body butter, Body wash, moisturisers, cleansers and Body Moisturizer amongst others.  In addition to this, two of Stella Indusstries’ affiliates, Spraytec India and AASA Plastics will also be showcasing their products at the event. Spraytec India, a leading Indian valve manufacturer, will be showcasing their valves, while AASA Plastics, specializing in caps for body sprays and perfumery products, will be featuring its caps at the venue. Their participation in CMPL offers a unique opportunity to showcase their extensive expertise and connect with industry leaders and potential partners on a ground level. The dynamic environment of the expo fosters collaboration and knowledge sharing, allowing Stella to solidify its position at the forefront of contract manufacturing within the ever-evolving personal care landscape.

“We are incredibly excited to be a part of CMPL 2024,” says Rohitt Wassan, Director at Stella Indusstries. “This premier event provides the perfect platform to showcase our capabilities and forge new relationships across the personal care industry. We look forward to welcoming visitors and exploring potential partnerships that will propel Stella Indusstries forward.”

Rishheb Wassan, Director at Stella Indusstries, echoes this sentiment, stating, “CMPL is a valuable platform for building connections and exchanging ideas  with like-minded individuals . We are confident that our participation will be instrumental for continued growth and success for Stella Indusstries, and we’re eager to share that momentum with the industry.” 

The CMPL Expo is a massive event expected to draw a global audience from across the contract manufacturing and private label space. This year’s edition boasts over 450 exhibitors, creating ample opportunity to connect with industry leaders and potential partners. Over 18,000 trade attendees are expected, offering valuable insights from a diverse range of professionals. Ten conference sessions will delve into critical industry topics, keeping visitors at the forefront of market trends. With a staggering 25,000 products on display, attendees can explore a comprehensive range of innovative solutions.  To facilitate focused networking, the expo features dedicated pavilions like “Non-Food,” which perfectly aligns with Stella Indusstries’ expertise in beauty and personal care products.  This expansive event promises to be an exceptional platform for Stella Indusstries to showcase their capabilities and forge valuable connections within the industry.

Website: https://www.cmplexpo.com/ 

About Stella  

Stella Indusstries Limited (SIL) is a leading manufacturer of personal care products, boasting over four decades of unwavering commitment to quality and customer satisfaction. Established in 1983 by Mr. Rohit Wassan, SIL has positioned itself as a premier provider of innovative solutions in the personal care industry, catering to a diverse clientele worldwide. The brand’s diverse product portfolio consists of toiletries, body care, personal care, air care, hair care, personal hygiene as well as pain relief, paint sprays and industrial sprays. Over its illustrious 40-year journey, Stella Indusstries has served an impressive array of clientele, including renowned brands such as Versace 19.69 Italia, Disney, Slazenger, Real Madrid, Poundland, Pepe Jeans London, So…?,  My perfume, Formula 1, Carlton London, Parle, Airval International, Laser, Beverly Hills Polo Club, Marvel, Reebok, FCB, NBA, Patanjali, Mankind, Amway, Hindustan Unilever, Park Avenue, Marico, Avon, Oriflame, Bombay Shaving Company, Nykaa, Ustraa, New York Yankees, Laborate, miniso, Lafz, VLCC, Penguin, TAC,  Nord, Berina Cosmetics, Clensta, Only Men Grooming, Parachute, Your Sense, Livon, Coal, Forever, Kappa, Dabar, Raw and Rare secrets, Set Wet, Cantabil, Relaxo, Woodland, Apollo Pharmacy, Bellavita, My Glamm, Renee, Brooks, Body X, St. Louis, Mancode, Happily Unmarried, Man Matters, Spruce, Rare Planet, Majestic Perfumes, Eris life science, Petrol perfume, United Colours of Benetton, Cosmofix, Boddess Beauty, Women’secret, Liquid, Maruti Suzuki genuine parts, nicce, Supermax, Baba, St. Botanica, Coco Soul,  and Ziwame amongst others.

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Ahmedabad (India), London (UK), New Jersey (USA): May 8: QX Global Group, a global consulting, digital technologies & intelligent automation, and Business Process Management (BPM) services company, has once again been named among the world’s best outsourcing service providers in the IAOP’s (International Association of Outsourcing Professionals®) annual listing of The Global Outsourcing 100®.  This is the 11th year QX Global Group has been featured on the list, and fourth consecutive year of being recognized as a “Leader”.

The Global Outsourcing 100®, now in its eighteenth year, is a prestigious annual listing recognizing the world’s best outsourcing service providers and advisors. This list is based on applications received. Judging is based on a rigorous scoring methodology that includes an independent review by an independent panel of IAOP customer members with extensive experience in selecting outsourcing service providers and advisors for their organizations.

IAOP has rated QX above the industry average in four key areas of judgment:

• Customer References
• Awards and Certifications
• Programs for Innovation
• Corporate Social Responsibility (CSR)

These ratings reflect our dedication to delivering exceptional service and value to our clients.

“Celebrating our 20th year in the business, we are incredibly proud to be named once again as a “Leader” in the IAOP 2024 Global Outsourcing 100 List® “, said Frank Robinson, Group CEO of QX. “We are committed to enabling the transformation of our client’s business operations and are deeply thankful for the trust they put in us. Of course, this achievement wouldn’t be possible without the dedication and commitment of our forward-thinking teams. ”

“Sincere appreciation and congratulations to the companies recognized in The 2024 Global Outsourcing 100® for their unwavering commitment to excellence, strategic investments in partnerships, and innovative achievements during a period marked by challenges digital disruption, talent wars and heightened risk and security challenges remarked Debi Hamill, CEO of IAOP. “The dedication and leadership exhibited in delivering exceptional client experiences are truly commendable. Once again, congratulations to all the deserving recipients of this prestigious award.”

With a global workforce of over 3,000 employees spread across 21 Global offices in 12 countries, including 5 delivery centers located in India and Mexico, QX uses a three-pronged approach of People, Process, and Platform to provide deep-domain expertise to transform their clients’ business operations by achieving measurable outcomes, making them more profitable, efficient, and competitive.

Inclusion on the 2024 Global Outsourcing 100® list further solidifies QX’s position as a leader in the consulting, digital technologies & intelligent automation, and Business Process Management (BPM) industry, and demonstrates its commitment to delivering world-class solutions to its clients.

About IAOP

IAOP is the sourcing community, with collaboration at its core, that drives exceptional business and societal outcomes. Our members and affiliates worldwide are digging deep at IAOP conferences, learning at IAOP chapter meetings, getting trained and certified at IAOP courses and workshops, and connecting through IAOP social media, all with one goal: better business results. Whether you are a customer, provider or advisor, new to collaborative business models like outsourcing, or an experienced professional, IAOP connects you and your organization to our growing global community and the resources you need to get the results your company deserves and demands.

About QX Global Group

QX Global Group is a leading global consulting, digital transformation, and business process management (BPM) services company that partners with organizations seeking to transform and optimize their business operations. With a global workforce of over 3,250 passionate individuals across 21 Global offices in 12 countries, including 5 delivery centers in India and Mexico, they are dedicated to driving measurable outcomes for clients. By making businesses more profitable, efficient, and competitive, QX Global Group continues to lead the way in enabling business transformation worldwide.

Mohali (Punjab) [India], May 8: Amidst the bustling streets and vibrant atmosphere of Mohali, the locals are welcoming a new era of amusement with the arrival of Masti Zone onto their lands. Augmenting the Punjab’s entertainment scene, Masti Zone Mohali becomes the third outlet in the state – joining the thrilling company of two already existing outlets in Ludhiana; one at Palm Walk Mall and another at Wave Mall.

Masti Zone firmly believes in setting new standards with each stride while carrying forward the tradition of excellence. Each innovative endeavour wrapped in boundless creativity continues transforming the meanings and aspects of ‘leisure and amusement’ for the new generations.

The opening of the Mohali outlet marks another milestone in Masti Zone’s ambitious expansion journey. With a substantial investment and plans to establish over 100 new outlets nationwide, Masti Zone is committed to bringing high-quality entertainment closer to communities across India. The Mohali outlet is just the beginning of this exciting venture, promising a world of fun and excitement for residents and visitors alike.

With Masti Zone’s inauguration in Mohali, the buzz is palpable. Families and adventurers are urged to join in the celebration and partake in the array of experiences awaiting at Masti Zone. Coupled with Masti Zone’s commitment to delivering limitless amusement and adventure, the Mohali establishment is poised to become the go-to destination for entertainment enthusiasts in the vicinity.

At the heart of the Mohali outlet lies a world of enchanting adventure waiting to be explored – visitors can challenge their friends to a game of laser tag or test their skills on the bumper cars. Guests can experience the adrenaline rush of the Slider VR or Bike VR, while families can enjoy the family VR experience together. And for those who prefer classic arcade games, Masti Zone Mohali is offering a wide selection including Air Hockey, Batman, and Super Bike 3. From the 7D ride to the 360-degree VR experience, every attraction at Masti Zone is designed to thrill and delight guests of all ages.

Stretching beyond the scopes of being just an indoor gaming space, Masti Zone is a destination for families to come together and create lasting memories. With its diverse range of attractions including the trampoline park, soft play area, and bowling alley, the Mohali outlet provides the perfect setting for family outings, birthday parties, group gatherings and friends ideal day-outs. Masti Zone’s offerings transcend age boundaries, promising fun and excitement for all, regardless of whether you’re a child or an adult.

As Masti Zone expands its footprint across India, the opening of the new outlet in Mohali marks the beginning of an exciting new chapter in the brand’s journey. With its commitment to innovation, quality, and customer satisfaction, Masti Zone is all set to redefine the entertainment landscape and bring joy to communities far and wide. So come one, come all, and join the fun at Masti Zone Mohali – where every moment is a new adventure!

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Bangalore (Karnataka) [India], May 8: Marvelle Healthcare, a leading healthcare company, has announced the launch of Rhythm Water, a new brand offering natural mineral water sourced from the pristine Himalayas.

Rhythm caters to the growing demand for premium hydration options. The brand offers two varieties: Natural Mineral Water and Sparkling Natural Mineral Water.

Launching in Major Cities, with Nationwide Expansion Planned:

Rhythm will be initially available in Hyderabad, Bangalore, Chennai, and Kerala, with plans for nationwide expansion shortly. Consumers can also order directly through the brand’s website.

“Rhythm Water is the culmination of a remarkable four-year journey,” said Rajathi Kalimuthan, Founder of Marvelle Healthcare and a certified Water Sommelier. “We are thrilled to bring this exceptional water to market.”

Extensive Research for Exceptional Purity:

Ms Rajathi Kalimuthan has spent four years researching, travelling to over 11 countries, meeting with more than 21 specialists, and covering over 36,900 miles to source the purest water in the heart of the Himalayas.

Rhythm’s natural mineral water undergoes a unique 20-year filtration process. This process not only ensures exceptional purity but also allows the water to retain essential minerals like calcium, magnesium, potassium, sodium, and bicarbonates – all vital for optimal health. In a market saturated with ordinary water choices, Rhythm offers a refreshing alternative. For further information, visit:
https://rhythmwater.in/understanding-ph-and-why-natural-mineral-water-like-rhythm-hits-the-right-note/

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Jaipur (Rajasthan) [India], May 8: TiE Rajasthan’s flagship event, TiE Smashup, returns for its 8th edition, offering startups a unique opportunity to connect with over 25 institutional investors from pan India. The success of last year’s event, supported by Rajasthan Government’s Istart program, witnessed five startups securing on-spot funding commitments: Yes Madam secured Rs 75L from Warmup Ventures, Boba Bhai received Rs 50L from Warmup Ventures, Strangify obtained $60000 from Ratnada Ventures, and Headfox Innovation Pvt Ltd. &  Cellverse Pvt. Ltd. received Rs 50L from Realtime Angel Fund each.

“Fostered by TiE Rajasthan, numerous start ups are reaching noteworthy milestones with their innovative ventures,” ‘Smash Up’ has created a National brand presence today, and more than a Chapter event, it has become an ecosystem partners event, becoming the right platform for starts ups to get noticed by the Global VCs. says Dr. Sheenu Jhawar, President of TiE Rajasthan.

Post the last year’s edition of Smash Up, Boba Bhai raised significant seed funding of INR 12.5 Cr at a valuation of INR 50 CR, while Yes Madam, My Body Affairs, and Hexpression’s success on Shark Tank India’s different seasons showcased their mettle. InfraHive (Aivinya) has been chosen for the esteemed 500 Global Alberta Accelerator 2023 Batch-5 in Canada. Other startups like Caldor Health Technologies, Garaaz (Svan Autotech Pvt. Ltd.), The Loom Art, Cellverse Pvt Ltd, Doctune, Insurance Padosi, Mobirapid/Headfox, VCheck, Thela Gaadi, OLE ROOMS, Kwikfix, Avitron Aerospace, and Tempvision have also made remarkable strides in their respective domains following their participation in SMASHUP.

The ongoing success of TiE SMASHUP can be credited to the valuable contributions made by Nishant Patni (Convenor), Sharad Bansal (Co-Convenor), Puneet Mittal (Chair, Startup Screening), and Vikram Ahuja (Chair, On-Spot Funding). Following the outstanding success of past Smash Ups, registrations are now open for TiE SMASHUP 2024, the 8th edition (27th-28th September), promising an even more thrilling experience.

Registrations are Open Now: https://events.tie.org/TiESmashUp2024

Get ready to SMASH it with TiE!

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Customers to Enjoy a Complimentary Coke with Jumboking Offer as a Tribute to Coca-Cola’s Legacy

Mumbai (Maharashtra) [India], May 8: Jumboking, western India’s largest chain of homegrown QSRs, has announced a unique collaboration with Coca-Cola to celebrate the beverage giant’s 138th birthday on 8th May. To mark this milestone, Jumboking has rolled out a special promotion, offering a Jumboking meal along with a complimentary Coca-Cola at its 170 stores across Mumbai, Pune, Delhi, Hyderabad, and Bangalore.

Talking about the celebration, Dheeraj Gupta, Founder and Managing Director, Jumboking, said, “Coca-Cola has always been synonymous with joy and celebration. We’re thrilled to celebrate their 138th birthday in a way that brings happiness to our customers. This collaboration not only signifies our mutual commitment to customer satisfaction but also our admiration for Coca-Cola’s legacy.”

Abhishek Gupta, Chief Customer Officer, Coca-Cola India, reciprocated the sentiment, saying, “This unique gesture from Jumboking is deeply appreciated. It’s heartening to see our journey being celebrated in such a unique way. This collaboration is a testament to our shared commitment to delight customers.”

Jumboking invites everyone to join in the celebration and enjoy the special offer at their nearest outlet. Here’s to the refreshing taste of Coca-Cola and the deliciousness of Jumboking burgers, a combination that continues to bring joy to millions!

About Jumboking

Jumboking Foods Pvt Ltd runs India’s largest chain of vegetarian burgers. It is an asset light company that is 100% franchised. It is India’s third-largest burger chain overall (after McDonalds and Burger King) with 175+ stores in Mumbai, Delhi, and Hyderabad.  The investment in March 2024 by Ashish Kacholia put a spotlight on this ‘vocal for local’ company known for its disciplined, frills-free execution. Jumboking has grown largely by word of mouth and has seen 7 x growths since its repositioning to burgers in 2017, despite two years of COVID where all retail had to go into hibernation. Jumboking is committed to building a world class franchise system that prioritizes ‘franchise success first!’ 

It leverages technology to propel its massive loyalty program called ‘JK Burger Rewards’, which has the highest redemption rate in the QSR industry,  as well as internal control systems. It has delivery tie-ups with Swiggy and Zomato to service out-of-store orders and also runs the JK University to train staff to fuel its expansion program.

Learn more at www.jumboking.co.in and follow us on  Instagram, Facebook and LinkedIn.

About The Coca-Cola Company

Coca-Cola in India is one of the country’s leading beverage companies, offering a range of high-quality and refreshing beverage options to consumers. The company, in line with its vision of ‘Beverages For Life’, offers a wide portfolio of products which includes hydration, sports, sparkling, coffee, tea, nutrition, juice and dairy based products. In India its beverage range includes Coca-Cola, Coca-Cola Zero Sugar, Diet Coke, Thums Up, Charged by Thums Up, Fanta, Limca, Sprite, Maaza, Minute Maid range of juices and juice beverages. The Company also offers hydration beverages including Limca Sportz, Smartwater, Kinley, Dasani and Bonaqua packaged drinking water and Kinley Club Soda. Premium products constitute Schweppes range and Smartwater. In addition, it offers Costa Coffee and organic green tea based beverage – Honest Tea amongst its range of coffee and Tea. The Company is constantly transforming its portfolio, from reducing sugar in its drinks to bringing innovative new products to market.

The Company along with its owned bottling operations and franchise bottling partners has a strong network of close to 4 million retail outlets through which it refreshes millions of consumers across the country. It seeks to positively impact people’s lives, communities and the planet through water replenishment, packaging recycling, sustainable agriculture initiatives and carbon emission reductions across its value chain.

Globally together with its bottling partners, The Coca-Cola Company employs more than 700,000 people, helping to bring economic opportunity to local communities worldwide. Learn more at www.cocacolacompany.com and follow us on Twitter, Instagram, Facebook and LinkedIn.

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Surat (Gujarat) [India], May 8:  BigBloc Construction Limited, one of the largest manufacturers of Aerated Autoclaved Concrete (AAC) Blocks, Bricks, and Panels in India has reported consolidated net profit of Rs. 8.65 crore (PAT margin 12.05%) for Q4 ended March 2024, growth of 55.65% Y-o-Y as compared to the net profit of Rs. 5.56 crore (PAT margin 11.76%) in Q4 FY23. Revenue from Operations during Q4 FY24 was reported at Rs. 67.95 crore, a rise of 46% Y-o-Y as compared to revenue of Rs. 46.55 crore reported in Q4 FY23. EBITDA for Q4 FY24 stood at Rs. 12.55 crore (EBITDA Margin 18.47%), rise of 18.35% as compared to EBITDA of Rs. 10.60 crore (EBITDA Margin 22.78%) during Q4 FY23. EPS for Q4FY24 stood at Rs. 1.22 per share. The Company has recommended a final dividend at the rate of 20% for the FY 23-24 subject to the approval in the Annual General Meeting.

The Company has recommended a final dividend at the rate of 20% for the FY 23-24

Incorporated in 2015, BigBloc Construction Ltd is one of the largest and only listed company in the AAC Block Space with an installed capacity of 10.75 lakh cubic meters per annum. Company’s manufacturing plants are located in Umargaon (Vapi) and Kapadvanj (Ahmedabad) in Gujarat and Wada (Palghar) in Maharashtra. It is among very few company in AAC industry to generate carbon credits.

Mr. Narayan Saboo, Chairman, Bigbloc Construction Ltd said, “Q4 and FY24 results marked a milestone with the company achieving its highest-ever revenue, EBITDA, and net profit figures, reflecting robust operational and financial performance. This consistent performance underscores the company’s commitment to delivering growth while maintaining healthy margins and adhering to its long-term growth strategy. We expect the growth momentum to continue and expect to get further boost in coming years. Company’s Strategic growth initiatives, operational efficiency, and a thrust on launching innovative and environmentally friendly solutions will be key differentiator and growth driver for future growth and value maximization for all the stakeholders.”

Post completion of all ongoing expansion, the company’s total capacities will increase to 13 lakhs cubic meter per annum by June 2024 making the company one of the largest players in the country.

Highlights: – FY24 Results

Company for FY24 reported consolidated net profit of Rs. 30.69 crore (PAT margin 12.4%) as compared to the net profit of Rs. 30.14 crore (PAT margin 15.00%) in FY23. Revenue from Operations during FY24 was reported at Rs. 243.22 crore, rise of 21.55% Y-o-Y as compared to operational revenue of Rs. 200.11 crore in FY23. EBITDA for FY24 stood at Rs. 56.15 crore (EBITDA Margin 23.09%), rise of 12.29% as against EBITDA of Rs. 50.01 crore (EBITDA Margin 24.99%) in FY23. EPS for FY24 stood at Rs. 4.36 per share.

BigBloc Construction Limited is India’s leading AAC block manufacturing company. The Company markets its products under the brand name ‘NXTBLOC‘. The company has executed over 2,000 projects so far and has another 1,500 plus in the pipeline. The company’s clients include Lodha, Adani Realty, IndiaBulls Real Estate, Prestige, Piramal, Oberoi Realty, Shirke Group, Shapoorji Pallonji Group, Raheja, PSP Projects, L&T, and Sunteck, Sethia Infrastructure Pvt Ltd, Dosti Group, Purvankara Ltd among others. Company added new clients including JSW Steel plant – Vasind, Birla Vanya, Symbiosis International University, GERA Developers Pvt Ltd , Nyati Group, MIT World Peace University, Som Projects Pvt.Ltd, Afcon Infrastructure among many others. Green and non-toxic building construction material, AAC blocks are lightweight, soundproof, and fire resistant, offer superior build quality, eco-friendly and economical too compared to traditional bricks.

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Panchkula (Haryana0 [India], May 8: Asian Granito India Limited (AGL), a leading brand in luxury surface products such as Tiles, Marbles, Quartz, and Bathware solutions has inaugurated AGL Universe – a mega size showroom in the planned city, Panchkula, Haryana. The showroom showcase the company’s production, technological and innovation excellence at one place and boasts a lavish display ambiance, featuring creatively enhanced mockups that invite customers to envision the product in a remarkably realistic manner.

Experience an unparalleled range of AGL Tiles, Engineered Marble, Quartz, Sanitaryware, Bathware, Grand Slabs and Faucets, all thoughtfully curated under one roof.

The showroom was inaugurated by Chief Guest, Shri Gian Chand Gupta, Speaker of Haryana Legislative Assembly, Mr. Shaunak Patel, Associate Director in the presence of Mr. Mukesh Singla, MD, Shree Durga Marble & Granite, senior leadership team of the Asian Granito India Ltd, Shree Durga Marble & Granite, dignitaries of the city and esteemed guests on 6 May 2024.

The AGL Universe in Panchkula is opened in Association with Shree Durga Marble & Granite and located at  Panchkula Industry Area Phase 1, Panchkula, Haryana. It will be one of the biggest and most advanced display showroom in the state of Haryana and will have the latest range of products like Marblex, Stylex, Fresco, Tuffguard, Signature collection and Artware as main attraction to experience.

The showroom aims to display the entire range of exclusive and elegant range of premium tiles and surfaces collection including Glazed Vitrified tiles, Grand Slabs, Engineered marble, Quartz, Sanitaryware & bathware range including 1400 plus products in all sizes, designs and finishes, all under one roof.

Speaking on this occasion, Mr. Kamlesh Patel, Chairman and Managing Director, Asian Granito India Ltd said, “AGL Universe at Panchukula aims to present our newest collection, delivering an unmatched shopping experience for our valued customers. This destination is set to revolutionize tile shopping, offering sophisticated designs and immersive visuals. Customers will be able to explore trendy designs and a contemporary shopping atmosphere, sparking creativity in space creation. Our showroom is a valuable resource for corporate clients, architects, interior designers, and trade partners, offering a comprehensive range of premium tiles, GVT collection, slabs, engineered marble, quartz, sanitaryware, and faucets—all conveniently housed under one roof.

Company also has recently signed Bollywood heartthrob Ranbir Kapoor as its brand ambassador. Recognized for his charm, versatility, and youthfulness, Ranbir Kapoor perfectly embodies the spirit of Asian Granito – innovative, dynamic, and constantly evolving. The partnership with Ranbir Kapoor reaffirms the brand’s commitment to excellence and innovation, promising an exciting future ahead.

As a young and fastest-growing brand, Asian Granito India Ltd continues to push boundaries with its innovative and rich collection of products and is committed to staying ahead of the curve. With Ranbir Kapoor on board, the brand aims to further elevate its presence in the market and connect with a wider audience, especially the youth segment.

The company has launched two TV commercials as part of the campaign “Premium ka Pappa”. In its initial stages, the campaign has already garnered nearly 10 million views on YouTube. The campaign offers a glimpse into the premium lifestyle that AGL products bring into homes, with Kapoor himself showcased as a believer in the brand’s innovative sophistication. As the campaign continues to gain traction and dominate digital spaces, AGL reaffirms its position as a trailblazer in the home decor industry, setting new standards for innovation and creativity. This surge of excitement and anticipation is not only evident among fans but also within industry circles.

Asian Granito has 2,942 plus SKUs on offer in Tiles segment, 1,100 plus SKUs in Bathware and faucets and 126 plus SKUs in Engineered Marble and Quartz Stone. Over the years, the company has invested heavily in expanding production capabilities, product portfolio, distribution network and global reach. This dedication has propelled it on a path of continuous growth, positioning the company among the leading ceramic tiles companies in India and an emerging brand in the global markets. 

In a short span of two decades, Asian Granito India Ltd has emerged as India’s leading Luxury Surfaces and Bathware Solutions brand. The Company manufacture and markets a range of Tiles, Engineered Marble and Quartz, Sanitaryware and Faucets. The Company has 235 plus exclusive franchisee showrooms, 11 company owned display centers and an extensive marketing and distribution network pan India with 14,000 plus touchpoints including distributors, dealers and sub-dealers in India. The Company also exports to more than 100 countries.

About Asian Granito India Limited

Established in the year 2000, Asian Granito India Ltd. (AGL) has emerged as India’s leading Luxury Surfaces and Bathware Solutions brand in a short span of two decades. The Company manufactures and markets a wide range of Tiles, Engineered Marble and Quartz, Sanitaryware and Faucets. AGL products are synonymous with reliability, adaptability, innovation, quality consciousness and the company has created a strong brand identity, well recognized globally and loyal customer following across segments. Today it is 4^th largest listed ceramic tile company in India with employee strength of 6,000 plus.

Ranked amongst the top ceramic tiles companies in India, AGL has achieved over 65 times growth in its production capacity, from 0.83 Million Sq. Mtrs. Per Annum in FY 2000 to 54.5 Million Sq. Mtrs. Per Annum in FY2023. AGL is also the only tiles company to be acknowledged in the Vibrant Gujarat Summit 2015 for achieving phenomenal growth.

The Company has 14 state-of-the-art manufacturing units spread across Gujarat and 235 plus exclusive franchisee showrooms, 11 company owned display centers across India. Further, the Company has an extensive marketing and distribution network pan India with 14,000 plus touchpoints including distributors, dealers and sub-dealers in India.

The Company looks to strengthen its identity as the leader in the Indian ceramic industry by consistently introducing innovative and value-added products in the market to keep pace with its valued customers. Headquartered in Ahmedabad, AGL is listed on NSE & BSE and reported net consolidated turnover of INR 1562.7 crore in FY 2023. The Company exports to more than 100 countries. (For more information, please visit: www.aglasiangranito.com)

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Bengaluru (Karnataka) [India], May 8: Venugopal Gold Palace, a renowned retailer of gold, silver, and gemstone jewellery established in 1960, has been honored with the prestigious Indian Iconic Gold Jewellery Store of the Year 2024 award at the Indian Icon Awards ceremony held at The Lalit Ashok, Bengaluru.

Founded by Mr. Venugopal, Venugopal Gold Palace has been a symbol of elegance and craftsmanship in the jewellery industry for over six decades. The store specializes in exquisite gold and silver jewellery, including a stunning collection of gemstones. With a commitment to timeless designs and exceptional quality, Venugopal Gold Palace offers a diverse range of jewellery suitable for every occasion, from bridal wear to unique gifting options.

“We are thrilled to receive the Indian Iconic Gold Jewellery Store of the Year award,” said Mr. Venugopal, Founder of Venugopal Gold Palace. “For us, jewellery is not just an accessory but a piece of art that reflects tradition, craftsmanship, and beauty. This award is a testament to our dedication to providing our customers with the finest jewellery pieces crafted with passion and expertise.”

Venugopal Gold Palace’s exquisite designs blend traditional inspirations with contemporary craftsmanship, creating one-of-a-kind jewellery pieces that are as mesmerizing as they are unique. The store also offers a range of wedding and temple jewellery, as well as luxurious home accessories like silver dinner sets and frames.

Located at 7-455-A, Dr. Rajkumar Road, KOLLEGAL, Chamrajanagar, Karnataka, Venugopal Gold Palace has become a destination for jewellery connoisseurs seeking exclusive designs and exceptional quality. The store’s commitment to authenticity is evident through its association with registered jewellers, ensuring customers receive only the best quality products.

“We extend our heartfelt gratitude to the Indian Icon Awards for recognizing our dedication to the craft of jewellery making,” Mr. Venugopal added. “We look forward to continuing our tradition of offering exquisite jewellery that celebrates the essence of beauty and craftsmanship.”

For more information about Venugopal Gold Palace and their stunning jewellery collection, visit their store or contact them via WhatsApp at +91 8088999292, mobile at +91 9741709217, or email at Venugopalgoldpalace@gmail.com.

Media Contact:

Name: Mr. Venugopal

Title: Founder

Phone: +91 9741709217

Email: Venugopalgoldpalace@gmail.com

Award Details:

Award Category: Indian Iconic Gold Jewellery Store of the Year 2024

Award Recipient: Venugopal Gold Palace

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THE BONUS SHARE BUZZ!

Founded in 1988, Remedium Lifecare Ltd has established itself as a prominent player in the pharmaceutical industry, focusing on trading advanced pharmaceutical intermediates and related products.

Merger for Growth:

In a strategic move, the company approved a Memorandum of Understanding on 14th November 2022, signalling the proposed merger of MVK Lifesciences Private Limited into its operations. This strategic merger aligns with the company’s growth objectives and market consolidation strategy.

Investor Rewards:

Demonstrating its commitment to shareholder value, the company declared bonus shares in a ratio of 9:5 in June 2023 and plans to allot additional bonus shares in the ratio of 1:3 in 2024, showcasing its dedication to rewarding investors.

Financial Performance:

Remedium Lifecare Ltd has exhibited remarkable financial growth. Over the past three years, the stock has delivered an impressive return of 6168.9%, surpassing the Nifty small cap 100 index by a significant margin. This stellar performance reflects the company’s strong market position and strategic initiatives.

• Revenue Surge: The company’s net sales surged to Rs 1,834.18 crore in December 2023, marking a 939.33% increase from December 2022.
• Profitability Soars: Quarterly net profit soared to Rs 68.78 crore in December 2023, a remarkable 4419.81% increase from December 2022.
• Operational Efficiency: The company’s EBITDA reached Rs 68.81 crore in December 2023, up 4339.35% from December 2022, highlighting operational excellence.
• Earnings Growth: The company’s earnings per share (EPS) witnessed substantial growth, rising to Rs 34.12 in December 2023 from Rs 4.23 in December 2022.

To know more, visit: https://www.remlife.com/ 

Stock Performance:

The stock’s performance has been equally impressive, with a compounded annual growth rate (CAGR) of 291% over the past three years. Additionally, the company delivered a substantial return on equity (ROE) of 71% in the last year, showcasing efficient capital utilization and profitability.

International Expansion:

Recent developments include a significant export order worth Rs 169 crore from Pharmyka General Trading LLC in the United Arab Emirates. This order underscores the company’s growing presence in international markets and its ability to seize lucrative business opportunities.

Expansion Plans:

Furthermore, the company is exploring strategic investments in manufacturing capabilities. It is considering the acquisition of a manufacturing facility near Hyderabad specializing in pharmaceutical intermediates production, aligning with its expansion goals and product enhancement strategies.

Disclaimer: This blog contains information and updated news related to Remedium Lifecare. The content presented here is for informational purposes only and should not be construed as financial or investment advice.