Tag: Business

  • Exide appoints Mr. Rajeev Khandelwal as Senior President and Head of Trade Business

    Exide appoints Mr. Rajeev Khandelwal as Senior President and Head of Trade Business

    Kolkata (West Bengal) [India], November 22:  Exide Industries Limited has appointed Mr. Rajeev Khandelwal as Senior President and Head of Trade Business, wherein he will be responsible for the B2C businesses of the company. As a Senior Management Personnel (SMP), he will also be part of the Top Leadership team at Exide.

    Rajeev is a seasoned P&L Leader with over 30 years of experience in growing brands and building successful businesses. In his most recent role as President – Strategy and Business Expansion at RPSG Group, he played a key role in shaping the long-term direction for their FMCG business. Having worked with consumer goods companies like P&G, Gillette, Reckitt, and the RPSG Group, Rajeev has worked in national and global roles across India, Sri Lanka, Singapore and Africa.

    “I’m pleased to welcome Rajeev to the Exide team”, said Avik Roy, MD & CEO of Exide Industries Limited. “Rajeev will be driving the aftermarket side of the business across both Vehicular and Stationary applications. His prior experience across multiple brands and categories coupled with his understanding of channel-led B2C businesses will be valuable to Exide”.

    Rajeev is an engineer from Visvesvaraya Regional College of Engineering, Nagpur and holds an MBA in Marketing from SP Jain Institute of Management, Mumbai.

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Unlock Prosperity with Shiv Kripa Rudraksha Kendra: Haridwar’s Trusted Destination for Spiritual Products

    Unlock Prosperity with Shiv Kripa Rudraksha Kendra: Haridwar’s Trusted Destination for Spiritual Products

    Haridwar (Uttrakhand) [India], November 22: Shiv Kripa Rudraksha Kendra has been a symbol of authenticity and spiritual guidance since 1992. Based in the heart of Haridwar, this shop offers a wide range of Rudraksha beads, Gemstones, Yantras, and Vastu items to elevate your spiritual journey. Over the years, Shiv Kripa Rudraksha Kendra has become the go-to destination for those seeking spiritual empowerment, healing, and prosperity.

    With a rich legacy spanning three generations, this family-run enterprise has built its reputation on trust, quality, and personalized service. Whether you’re looking for the perfect Rudraksha bead for meditation or a gemstone to enhance your well-being, Shiv Kripa Rudraksha Kendra offers the expertise and authenticity you can rely on.

    A Legacy of Trust and Authenticity

    Shiv Kripa Rudraksha Kendra is a family-run business that has been serving spiritual seekers for three generations. Established by a devoted Brahmin family, the shop has become synonymous with quality, trust, and expert guidance. Customers from India and abroad turn to Shiv Kripa for authentic, lab-certified products that meet their spiritual and astrological needs.

    Why Choose Shiv Kripa Rudraksha Kendra?

    • Authenticity: All products sold at Shiv Kripa Rudraksha Kendra are 100% original and lab-certified, ensuring unmatched quality.
    • Wide Product Range: From single Mukhi to 21 Mukhi Rudraksha beads, yantras, gemstones, and vastu items, Shiv Kripa offers a comprehensive collection to meet every spiritual need.
    • Personalized Guidance: Customers benefit from expert advice on selecting, using, and caring for their Rudraksha beads and other spiritual items.
    • Transparent Pricing: Shiv Kripa is known for offering fair and competitive prices, making spiritual empowerment accessible to all.

    Explore their extensive catalogue and shop Rudraksha online. Discover a wide range of certified spiritual products tailored to your needs. Enjoy the ease of browsing and purchasing from the comfort of your home.

    Unveiling the Power of Rudraksha

    Rudraksha beads have been revered for centuries for their spiritual and scientific properties. Research has shown that these beads possess electromagnetic, paramagnetic, and inductive qualities that can positively influence the wearer’s physical and mental well-being.

    At Shiv Kripa Rudraksha Kendra, you can find a range of Rudraksha beads tailored to various needs:

    • For Prosperity: Enhance wealth and career growth with specific Rudraksha beads.
    • For Health: Support physical and emotional well-being with healing beads.
    • For Spiritual Growth: Deepen meditation practices and strengthen spiritual connections with high-quality malas and single beads.

    By offering a carefully curated selection of original Rudraksha beads, Shiv Kripa helps individuals harness these benefits to transform their lives.

    A Holistic Shopping Experience

    Shiv Kripa Rudraksha Kendra offers both offline and online shopping options. Visit their Haridwar showroom for a serene and personalized experience or explore their user-friendly online platform for convenient browsing and secure transactions. International delivery ensures the customer can stay connected to their spiritual roots.

    Shopping Benefits at Shiv Kripa:

    • Flat 10% Discount: Enjoy savings on your first purchase.
    • Secure Payments: Multiple payment options ensure hassle-free transactions.
    • Fast Shipping: Domestic and international delivery options to meet your needs.
    • Hassle-Free Returns: Customer satisfaction is their top priority.

    Expertise You Can Rely On

    The team at Shiv Kripa Rudraksha Kendra goes beyond selling products—they educate customers about the significance, usage, and benefits of their purchases. Whether it’s choosing the right Rudraksha for meditation or finding a yantra for your pooja, their guidance ensures you make informed decisions.

    Serving Both Retail and Wholesale Customers

    Shiv Kripa Rudraksha Kendra caters to individuals and businesses alike. Wholesale buyers can benefit from bulk pricing while enjoying the same quality and authenticity as retail customers.

    Transform Lives with Shiv Kripa Rudraksha Kendra

    Over the years, Shiv Kripa Rudraksha Kendra has positively impacted thousands of lives by providing authentic spiritual products and unparalleled service. Their mission is to empower individuals with knowledge and resources to embrace the divine power of Rudraksha and achieve personal growth.

    Empower Your Spiritual Journey

    Shiv Kripa Rudraksha Kendra is more than just a store—it is a trusted partner in your spiritual journey. With a legacy of over three decades, a wide range of certified products, and personalized guidance, Shiv Kripa has earned its place as one of India’s most respected names in spiritual products.

    Visit their Haridwar showroom or explore their offerings online. Whether you’re seeking spiritual growth, health, or prosperity, Shiv Kripa Rudraksha Kendra is here to help you achieve your goals.

    Empower your life with the blessings of Rudraksha. Let Shiv Kripa Rudraksha Kendra guide you every step of the way.

    Visit or Contact Shiv Kripa Today

    To explore their extensive range of certified Rudraksha beads, gemstones, and spiritual products:

    • Showroom Address: Daksha Mandir Road, Kankhal, Haridwar, 249408
    • Website: https://www.haridwarrudraksha.com

    Embark on a journey of spiritual transformation and well-being with Shiv Kripa Rudraksha Kendra—the trusted name in certified spiritual products for over 30 years.

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Sangeetha Restaurant: Celebrating a Legacy of Love, Dedication, and South Indian Hospitality

    Sangeetha Restaurant: Celebrating a Legacy of Love, Dedication, and South Indian Hospitality

    Chennai (Tamil Nadu) [India], November 21:  The mention of Sangeetha Restaurant brings to mind the warmth and rich flavors of South Indian cuisine for countless individuals. Yet, for Suresh Padmanabhan and his daughter, Sanjana Suresh, Sangeetha signifies so much more—it represents a cherished home, a committed family endeavour, and a testament to unwavering dedication and values that have flourished over the decades.

    The odyssey of Sangeetha commenced in 1985 with the opening of its first outlet at Parry’s Corner, Chennai. A modest beginning was fueled by Suresh’s vision to deliver the finest quality food and exceptional service and to ensure every guest felt the comfort of home. This small venture gradually metamorphosed into an iconic institution, symbolising the essence of South Indian warmth and hospitality.

    The inception of Sangeetha was marked by Suresh Padmanabhan’s first restaurant in 1985, with a second outlet initiated by his brother Rajagopal in Mylapore under Suresh’s guidance. Over the past four decades, these pioneers have spread the Sangeetha brand across Chennai and globally, a journey now supported by the new generation—Sanjana Suresh and Anirudh Rajagopal.

    At Sangeetha, the dedicated workforce, many of whom have been with the restaurant for decades, have been its pillars of strength. Prioritising the well-being of its employees, Sangeetha treats its staff as family, fostering a supportive and nurturing environment.

    Sanjana speaks fondly of her lifelong connection to Sangeetha, having been involved in the family business from a young age. She recalls sitting on a small chair in her father’s office, observing the intricacies of running a cherished establishment. Today, she works alongside her father, continuing the legacy that intertwines both family and business values.

    In addition to her role at Sangeetha, Sanjana is a trained chef, having honed her culinary skills at the prestigious Le Cordon Bleu in London, one of the most renowned culinary schools in the world. Currently pursuing her Master’s at the Indian School of Business (ISB) while simultaneously working at her family’s restaurants, Sanjana’s educational background complements her hands-on experience in the industry, ensuring she brings both tradition and innovation to the restaurant’s offerings.

    Similarly, Anirudh cherishes memories of family meals at the RA Puram branch, where his father Rajagopal exemplified leadership and entrepreneurial spirit, inspiring Anirudh’s own journey into the business world.

    Sanjana and Anirudh have embraced modern technology to maintain the highest standards of hygiene and quality, frequently attending kitchen fairs worldwide to continually learn and improve their practices.

    For Suresh, Sangeetha has always transcended beyond just culinary endeavors—it is profoundly about people. His philosophy, grounded in constant dedication and treating everyone with respect, has been pivotal in building Sangeetha’s esteemed reputation. While many pursue rapid expansion, Suresh emphasises quality, consistency, and providing genuine value to every customer.

    Suresh’s journey from humble beginnings, characterised by relentless work and modest pay, exemplifies commitment and resilience. His ethos of hard work and hands-on leadership remains a cornerstone of Sangeetha’s success, reflected in the respect and loyalty of a well-treated team.

    Guided by the ancient Indian adage “Atithi Devo Bhava” (The guest is God), Sangeetha extends its philosophy of exemplary service and respect to its guests. From its inaugural outlet to its widespread locations, Sangeetha continues to foster a welcoming, family-centric ambience where each guest is embraced as part of the Sangeetha family.

    If you’re travelling to Chennai and miss dining at Sangeetha, you’re overlooking an essential part of the city’s authentic culinary experience.

    As Sangeetha moves forward, it maintains its core principles while embracing new challenges. Sanjana, alongside her father, is poised to lead the business into a promising future, ensuring the values of love, authenticity, and hospitality continue to define Sangeetha.

    Visit www.sangeethaveg.com and www.sangeethasdesimane.com

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • How Marzee Leveraged His Financial Knowledge to Achieve Global Client Reach as an NJ Wealth MF Distributor

    How Marzee Leveraged His Financial Knowledge to Achieve Global Client Reach as an NJ Wealth MF Distributor

    New Delhi [India], November 21: Mr. Marzee Kerawala, a top NJ Wealth Mutual Fund Distributor, started his career far from the investment world. With a Chartered Accountancy background, he began as a finance Manager for wingspan GSA of Aeroflot- Russian airline, where he spent over six years managing finances. Despite not working in the investment industry, friends and family frequently sought his advice on investment matters, impressed by his personal financial management skills. This early experience laid the foundation for his future success as a Mutual Fund Distributor.

    Today, Marzee manages an impressive ₹1300 crore in Assets Under Management (AUM) and oversees an SIP book of ₹4 crore, serving around 700 families. Remarkably, 40% of his clients are outside Mumbai, a reach made possible by NJ Wealth’s digital platform. “The ability to manage clients from various locations, all while sitting in Mumbai, has been a game-changer for me. NJ Wealth’s technology has allowed me to expand far beyond what I initially thought possible”, Marzee says. In fact, around 35% of his assets come from outside the city, demonstrating his wide geographical presence.

    Marzee’s journey with NJ Wealth began in 2005 when he met NJ Wealth’s representative, who suggested him to become a mutual fund distributor with NJ Wealth. After clearing his certification, Marzee transitioned into financial distribution, and many of his early clients were those who had previously relied on his informal advice. However, the global financial crisis in 2008 became a turning point, teaching him crucial lessons about long-term planning and market resilience.

    Over the years, Marzee has observed significant changes in the financial landscape, particularly with the explosion of information on digital platforms. “People get easily swayed by trends and influencers today, without understanding that financial planning must be personalised”, he explains. Thanks to NJ Wealth’s support and technological advancements, Marzee has been able to navigate these challenges and manage a global client base, including over 100 NRIs.

    Marzee’s success is a powerful example of how the right technology, paired with the right guidance and dedication, can lead to extraordinary achievements in the industry.

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • ANAX Developments Makes Real Estate History with Evora Residences Unveiling at Jumeirah Beach Hotel

    ANAX Developments Makes Real Estate History with Evora Residences Unveiling at Jumeirah Beach Hotel

    Dubai [UAE], November 21:  ANAX Developments, a subsidiary of ANAX Holding,  launched its second project, Evora Residences, at a first-of-its-kind gala unveiling event at the Jumeirah Beach Hotel, in the presence of VIP guests, stakeholders and media representatives. This was a historic property launch that left the real estate community wowed with its showcase of a life-size apartment ready for viewing built at the event venue, against the backdrop of the iconic Burj Al Arab. Inspired by the many firsts of Dubai, known for its ‘wow’ factor, this launch was planned as a larger than life showcase of ANAX Developments’ commitment to the real estate community. An exact replica of the Evora Residences sales gallery at Aspin Commercial Tower, was built within 24-hours on site to bring to the viewers, investors and brokers a glimpse of the quality by unveiling a real feel of the project in front of a huge audience.

    Designed as a tranquil retreat that embodies an urban lifestyle while providing excellent connectivity to the city, the Evora Residences are scheduled for completion in Q3 2026. Evora Residences will be located within the rapidly growing, lush green expanse of Al Furjan, minutes away from Dubai’s renowned recreational landmarks, including Legoland, IMG Worlds of Adventure, and Ibn Battuta Mall, among others. The tower features 10 residential floors and offers a range of one, two, and three-bedroom apartments; each one featuring spacious balconies with a fusion of modern elegance and contemporary design throughout its layout. Evora Residences will offer an end-user focused 30/70 payment plan with prices starting at AED 1,068,777 for one-bedroom apartments.

    The thoughtfully designed apartment tower embodies the ANAX Developments ethos of “Live Large”, embracing a life of impact and abundance. The philosophy is extended to creating spaces with purpose—designed for residents to live well, enjoy robust investments, and expansive amenities. Evora Residence also ensures that sustainability is  a key feature amidst the modern comforts and serene living, with  solar panels to support energy consumption,  and the highest standards of Smart Home Automation. Residents will enjoy amenities designed to elevate their living experience. Each apartment is equipped with top-of-the-range fittings like Bosch kitchen appliances, and sanitary ware by TEKA. The development beautifully integrates lush greenery with urban panoramas within the vibrant Al Furjan community. Residents will benefit from an extensive network of modern amenities, including retail hubs, adventure parks, fitness clubs, a well paved jogging track around the residences and other recreational areas, ensuring a harmonious lifestyle.

    Mr. Satish Sanpal, Chairman of ANAX Holding, commented: “Upholding our philosophy, our vision is to create spaces which allow residents to live large, create impact and where one truly feels at home. With Evora Residences, given its location in the family-friendly Al Furjan community, our priority was to combine urban living and peaceful surroundings. We have strived to capture this essence throughout our design process, a philosophy that will continue to dominate across all our future projects as we continue to build with ANAX Developments and bring more than 2,000 homes to the market in the next twelve months.” With a pipeline of upcoming projects, ANAX Developments has planned to bring in a cumulative project value of USD$ 1 Billion to the market in the next year.

    Commenting on the launch, Mr. Ravi Bhirani, Managing Director of ANAX Developments added: “This project, along with our upcoming developments in Meydan, and Dubai Islands reinforces our commitment to enhancing Dubai’s residential landscape with elevated living across each of our new ventures. We strive to cater to a diverse audience at various price points ensuring that exceptional residential experiences are accessible to a broad spectrum of investors and home buyers.

    “With Al Furjan being an emerging and highly desirable destination for families seeking a peaceful environment with green spaces and modern amenities, along with a promising ROI, launching a project here was a strategic decision to steer our efforts towards our goals,” added Mr. Bhirani.

    Conveniently located, Evora Residences is well-connected by two Metro Stations and offers easy access to Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road. The development’s location in Al Furjan ensures proximity to Dubai’s premier leisure and retail destinations, bringing comfort and convenience closer to home.

    ANAX Holding is a leading investment firm that specializes in managing a diverse portfolio of strategic businesses across multiple industries such as real estate, technology and hospitality. With a strong focus on delivering sustainable and long-term value, ANAX Holding aims to create exceptional investment opportunities and drive a positive impact in the markets it operates in.

    Through our diversified portfolio of investments, ANAX Holding actively engages in the development and management of companies that align with our core values of innovation, integrity and social responsibility. We believe in making a positive difference in the communities we operate in by supporting initiatives that promote economic growth, philanthropy and social well-being.

    Born from a desire to drive growth and innovation, ANAX Holding is led by Chairman Mr. Satish Sanpal, and is currently comprised of ANAX Developments, and ANAX Hospitality.

    ANAX Developments:

    Anchored in a strategic investment approach, ANAX Developments is a dynamic and highly innovative real estate and development company with a strong commitment to revolutionizing urban living. With a motto to deliver Larger Than Life, the company aims to design spaces that go beyond the conventional with top-notch modern, innovative design; our homes are not just places to live but sanctuaries of comfort and inspiration. With a focus on excellence, community, and sustainability, we aspire to enhance lives, foster deeper connections to places and people, and make a lasting impact on the destinations we call home. With excellence and innovation at the heart of what we do, we strive to redefine the future of real estate, setting unprecedented standards for contemporary living. Our commitment to delivering groundbreaking living solutions, implementing sustainable practices, ensuring highest quality standards, and fostering a strong sense of community are the core values that make us distinct. Expanding into Dubai and beyond, our vision is to craft lasting legacies, embodying the perfect fusion of luxury, convenience, and a strong sense of belonging wherever we operate.

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Textile Pavilion inaugurated at 43rd IITF, Pragati Maidan by Hon’ble Textiles Minister on 16th Nov

    Textile Pavilion inaugurated at 43rd IITF, Pragati Maidan by Hon’ble Textiles Minister on 16th Nov

    New Delhi [India], November 21: Sh. Giriraj Singh Ji, Hon’ble Union Minister of Textiles, Govt. of India, inaugurated the “Textile Pavillion” 43rd IITF, Pragati Maidan the Special Handloom & Handicraft Exhibition cum Sale at 43rd edition of India International Trade Fair (IITF) at Hall No 05, ground floor, Bharat Mandapam, New Delhi, on 16th November 2024 at 11.30 AM, in the august presence of Sh. Pabitra Margherita, Minister of State for Textiles, Govt. of India and Smt. Rachna Shah, Secretary Textiles, Government of India.

    Ministry of Textiles, Government of India is organizing “Special Handloom and Handicraft Exhibition cum Sale” at Textile Pavillion, Haal No – 05, ground floor of Bharat Mandapam (ITPO, Pragati Maidan, New Delhi) during the India Internation Trade Fair (IITF) from 14th to 27th November 2024.

    “Special Handloom and Handicraft Exhibition cum Sale” is an initiative of the office of Development Commissioner for Handlooms and Handicrafts, Ministry of Textiles, Government of India through National Handloom Development Corporation (NHDC) Ltd. to provide direct access to the handloom weavers and artisans to market their products to consumers. The exhibition enables an interface between the weavers and consumers.

    Sh. Giriraj Singh Ji, Hon’ble Minister of Textiles, Govt. of India interacted with Handloom weavers and artisans and emphasized that the Government is trying to improve the textile value chain for better income opportunities for the weavers and their families. He also said that India has the largest handloom community in the world focused around sustainability and energy efficiency. The world is moving towards usage of sustainable products and handloom industry produces zero-carbon footprint and does not consume any energy and Handloom industry is also a zero-water footprint sector.

    Sh. Pabitra Margherita, Minister of State for Textiles, while visiting the exhibition and live display of handloom and handicrafts, has stressed upon strengthening handloom and handicrafts to boost production and to increase their earnings to engage communities. He also emphasized the importance of preserving India’s rich craft heritage while adapting to modern market needs.

    The exhibition will be open to the public from 10 am to 07.30 PM. Handloom and Handicrafts products drawn from different regions of India are on display and sale at the exhibition. These includes Bhagalpuri Silk, Mithila Paintings, Tribal jewellery, ,Embroidered & Crocheted Goods, Lac Bangles, Jute craft, Madhubani, Hand block prints,  Venkatgiri Sarees, Kani shawl, Banarasi Sarees and Stoles,  Kosa, Chanderi, Bastar iron and tribal hand embroidery items, wood carving, Kutch Bandhani, Sozni crafts, Mangalgiri, Mekhla Chador, Moirang Phee, Ikat, Bomkai sarees, Bagh prints, Pottery and Clay objects, Leather (Bags & Accessories), Kauna ,Tribal Hand Embroidery, Applique, Art Metal Ware, Patta Chitra, Kotpad, Arani, Phulkari, Pochmapalli Silk, Jamdani, Gadwal, Cane & Bamboo,  Dhaniakhali, Tangail Suits, Kantha work, oxidized jewellery etc

    Several attractions will be available at the Special Handloom and Handicraft Exhibition at Bharat Mandapam, These include: –

    • 206 number of stalls (Total 27 states representing Handloom & Handicrafts
    • 100 Handloom (22 states representing)
    • 100 Handicrafts (27 states representing)
    • 06 for Theme Pavillion (Theme – TRIBAL TREASURES OF INDIAN TEXTILES)
    • 08 Live Handloom, Art/ Crafts Demonstration [ Kani Shawl (J&K), Tangaliya/ Kutchi Shawl (Gujarat), Kullu/ Kinnauri Shawl(H.P.), Loin Loom (Manipur and Nagaland), Horn & Bone Craft (U.P.), Bhagalpuri Silk (Bihar), Bagh Print (Odisha)]
    • B2B interaction sessions of Retailers/ Brands etc with Handloom weavers.
    • Workshops on GI Tagged Handloom and Handicrafts by Dr Rajni, Talk show on Sustainability / Circularity/ Recycling/ Upcycling by Pratyush Kumar.

    Hon’ble Prime Minister during Mann ki Baat (112th episode) appreciated that the work of handloom artisans is spread across every corner of the country and the way handloom products have made their place in the hearts of people is very successful, tremendous, and also urged to upload photos with local products on social media with the hashtag ‘#MyProductMyPride’.

    The Handloom and Handicraft sector is a symbol of our country’s rich and varied cultural heritage. The handloom sector of India employs 35 lakh persons directly or indirectly which is next only to the agricultural sector in the country. The art of handloom weaving and handicrafts has traditional values attached to it and each region has exquisite varieties. The uniqueness of products such as Banarasi, Jamdani, Baluchari, Madhubani, Kosa, Ikkat, Patola, Tussar Silk, Maheshwari, Moirang Phee, Baluchari, Phulkari, Laheriya, Khandua, Tangaliya, Madhubani Painting, Warley Painting, Art Metal Ware, Kathputli, Hand Block Printing, Chikankari, Tie & Dye, Wall Hanging, Terracotta, Imitation Jewellery etc name a few attracts customers across the globe with exclusives weaves, designs, and traditional motifs.

    Government of India has launched the various schemes for Handloom and Handicrafts for branding of high-quality products with zero defects and zero effect on the environment to encourage and to give a distinct identity to the products, apart from highlighting the uniqueness of the products.  It also serves a guarantee for the buyer that the product being purchased is genuinely handcrafted. All the exhibitors at the exhibition have been encouraged to display their exquisite products and thus aim to improve the market for their products and earnings of the handloom and handicrafts community.

    For further information please contacts NHDC; E-mail: silkfab@nhdc.org.in

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Atal Realtech Q2 Net Profit Soars 419 Percent to Rs. 181 lakh, Total Income Jumps 414 Percent to Rs. 2,859 lakh

    Atal Realtech Q2 Net Profit Soars 419 Percent to Rs. 181 lakh, Total Income Jumps 414 Percent to Rs. 2,859 lakh

    Nashik (Maharashtra) [India], November 20: Atal Realtech Limited, a BSE and NSE-listed construction company specialising in integrated civil works contracting and engineering services for structural and infrastructure sector projects, has registered robust numbers for the second quarter of the current financial year.

    The company’s net profit for the quarter ended September 30, 2024, surged by 419% to Rs. 181.19 lakh, compared to Rs. 34.87 lakh in the same quarter last year. Total income for the quarter stood at Rs. 2,859 lakh, marking an impressive growth of 414% from Rs. 556 lakh in the corresponding period of the previous year.

    For the half-year ended September 30, 2024, Atal Realtech’s total income increased by 225% to Rs. 3,221 lakh, compared to Rs. 991 lakh in the same period last year. Net profit for the first six months rose by 247%, reaching Rs. 201.33 lakh as against Rs. 58.03 lakh in the previous year.

    Commenting on the performance, Vijaygopal Atal, Managing Director of Atal Realtech, said, “Our exceptional results during the quarter reflect operational excellence and strategic project execution. The performance underscores our ability to capitalise on opportunities and deliver value to our stakeholders. With the infrastructure sector continuing to attract significant investments from both public and private sectors, we are confident of strong growth in the quarters and years to come.”

    The company’s financial results were reviewed and approved by its Board of Directors at a meeting on November 14. On Thursday, Atal Realtech’s shares closed at Rs. 12.88 on the stock exchanges, a decline of 2.13% from the previous close of Rs. 13.16.

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • GleeVoaz and SAVIC Inc. Forge Strategic Partnership to Drive Enterprise Digital Transformation

    GleeVoaz and SAVIC Inc. Forge Strategic Partnership to Drive Enterprise Digital Transformation

    Mumbai (Maharashtra) [India], November 20: GleeVoaz Group, an innovator in incubating and advancing disruptive early-stage startups in the technology products & platforms and SAVIC Inc., a global leader in the SAP and ERP solutions, have announced a strategic partnership to accelerate digital transformation for enterprises worldwide. This collaboration will enable both companies to bring cutting-edge automation, SAP S/4HANA, and ERP solutions to organizations aiming to achieve operational data driven excellence and agility in a digital-first world.

    Founded by industry veteran Dr. Bimal Sachdeva, GleeVoaz has been a key player in transforming industries through disruptive technology, products and solutions for over 30 years. Through GleeVoaz Consulting and GleeVoaz Angel Fund, the company provides expertise and investment to early-stage tech startups across India, Southeast Asia, the Middle East, and other APAC regions. Further, as an Exclusive Master Partner and Distributor for TimeXtender, GleeVoaz helps speed up data discovery to drive data automation and modern data management, add compound revenue to the bottom line, and empower data transformation oriented solutions by going beyond data warehousing to deliver impactful data and Ai led solutions by utilizing TimeXtender’s holistic data suite.

    GleeVoaz and SAVIC  will leverage their combined strengths to enhance clients’ digital transformation journeys in joining forces. SAVIC Inc., with its extensive expertise in SAP S/4HANA implementation, ERP services, and digital transformation strategies, brings a robust foundation to the partnership.

    “Partnering with GleeVoaz marks a critical milestone in our mission to facilitate seamless digital transformations. By integrating GleeVoaz’s advanced and modern data automation tools with our SAP expertise, we’re poised to provide unparalleled value, helping clients prepare for the future of business” said Senthil Kumar, Chairman & Managing Director of SAVIC Inc.

    Key Benefits of the Partnership Include:

    • Integrating GleeVoaz’s advanced automation tools with SAVIC’s SAP and ERP expertise.
    • Customized SAP S/4HANA and ERP implementation services to meet specific client requirements.
    • Accelerated digital transformation with a focus on agility, efficiency, and scalability.
    • Commitment to superior customer experience and transformative results for clients.

    “This partnership aligns perfectly with our mission to drive innovation in digital and data transformation. By working with SAVIC, we expand our data-focused capabilities and empower SAVIC’s clients to leverage data more effectively through agile management solutions,” said Dr. Bimal Sachdeva, Managing Director of GleeVoaz Group.

    Together, GleeVoaz and SAVIC are set to transform the digital enterprise landscape and establish themselves as leaders in delivering impactful, innovative technology, unified data management solutions.

    About GleeVoaz Group: 

    GleeVoaz is a leader in enterprise automation solutions, offering innovative technology to optimize business processes, enhance productivity, and accelerate digital transformation. With a client-focused approach, GleeVoaz empowers businesses to achieve sustainable growth through streamlined operations.

    About SAVIC Inc.: 

    SAVIC Inc. is a global ERP consulting firm specializing in SAP S/4HANA and digital transformation services. With a deep commitment to innovation, SAVIC helps businesses unlock their potential by offering tailored solutions that meet their unique needs.

    Media Contacts

    Mahesh K.

    Email:mahesh@savictech.com

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • NAR India Partners with UCO to Revolutionize Indian Real Estate Through National MLS Initiative

    NAR India Partners with UCO to Revolutionize Indian Real Estate Through National MLS Initiative

    New Delhi [India], November 20: In a monumental move to reshape India’s real estate landscape, the National Association of REALTORS® (NAR) India has partnered with Universal Consulting Opportunities (UCO), a subsidiary of Stellar MLS, to establish a National Multiple Listing Service (MLS). This strategic collaboration positions India at the forefront of global real estate innovation, fostering transparency, trust, and efficiency in the industry. This is just the first step, and it will require several years of dedicated effort, along with regulatory support and access to crucial data. NAR-India will actively engage with the government and RERA to achieve this.

    Revolutionizing Real Estate Through MLS
    A Multiple Listing Service (MLS) promises to revolutionize Indian real estate by introducing a standardized and centralized property listing system. By addressing information gaps and reducing fraudulent practices, MLS aims to create a trustworthy ecosystem for property transactions. This game-changing technology is expected to:

    • Enhance Market Transparency: Establishing clear, accurate, and accessible property data.
    • Streamline Processes: Organizing property inventory and improving transaction efficiency.
    • Boost Global Reach: Opening new opportunities for Non-Resident Indians (NRIs) and cross-border investors.
    • Support Ancillary Industries: Strengthening legal, mortgage, and property management services.

    With India’s real estate market projected to reach $1 trillion by 2030, the introduction of MLS could significantly elevate industry standards and boost the economy.

    A Visionary Partnership
    Founded in 2008, NAR India has consistently championed professionalism and accreditation in Indian real estate. As one of only two global associations with the NAR designation, its collaboration with UCO highlights a commitment to modernization.

    UCO will serve as a strategic advisor, leveraging its expertise to establish a robust MLS framework tailored to India’s diverse and digitized ecosystem. The focus will include, Technology Integration, Organizational Development, Business Strategy, and Vendor Management

    Global Impact and Future Prospects
    This partnership extends UCO’s influence into South Asia, complementing its initiatives in Europe and the Middle East. UCO has successfully collaborated with MLS Leader (Romania), Arab MLS (Middle East), and Igluu (Czech Republic), showcasing its global leadership in MLS adoption.

    For stakeholders in both India and the U.S., this initiative holds immense potential. Florida, home to a large NRI population, has already benefited from MLS, driving $2.5 trillion in annual residential sales. With NRIs contributing $5.4 billion to Florida’s real estate market in 2020, the MLS system could further facilitate cross-border investments and partnerships.

    A Leap Forward for Indian Real Estate
    The NAR India-UCO partnership marks a bold step in modernizing the Indian real estate market, transforming it into an organized, transparent, and globally connected marketplace. This initiative is set to elevate the industry, benefiting buyers, sellers, and REALTORS® alike, while positioning India as a leader in global real estate innovation.

    This partnership with UCO marks a historic milestone in NAR India’s journey to transform the real estate landscape in our country. By introducing a National MLS, we are not just adopting a tool but pioneering a new era of transparency, trust, and efficiency in property transactions. This initiative will empower REALTORS®, benefit buyers and sellers, and position India as a global leader in real estate innovation” said Mr. Amit Chopra, President, NAR India

    “This partnership with NAR India is a milestone moment,” said Merri Jo Cowen, CEO of UCO and Stellar MLS. “NAR India’s vision aligns seamlessly with our values of transparency, collaboration, and trust. Together, we aim to empower India’s real estate market with a world-class MLS system, fostering efficiency and creating opportunities for stakeholders nationwide.”

    Tarun Bhatia, Vice Chairman and Chair-Global, NAR India, added: “It also creates exciting opportunities for Indian REALTORS® to showcase properties to a global audience, particularly NRIs, fostering stronger international connections.”

    Sumanth Reddy, Chairman, NAR India, concluded: “We are proud to embark on this journey with UCO and look forward to the transformative impact it will have on our members and the industry as a whole, opening up new avenues for growth and collaboration.”

    Dr. Mathew Kallumadil, UCO Vice President of Global Markets and Stellar MLS Vice President of Technology and Innovation noted the shared synergies between UCO and NAR India. “India is a complex, diverse market with different languages and cultures within the country, and UCO’s experience in accommodating regional differences and helping build scalable MLS systems will be invaluable in developing a sustainable MLS framework,” Dr. Kallumadil said. “Indian society is very highly digitized, and that is critical to a successful MLS and the ecosystem around it.”

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

  • Appreciate Unveils State-Of-The-Art AI-ML Based Investing Tool – “Trading Signals” – For Investors

    Appreciate Unveils State-Of-The-Art AI-ML Based Investing Tool – “Trading Signals” – For Investors

    Mumbai (Maharashtra) [India], November 20: Appreciate, a financial services AI company, proudly announces the launch of Trading Signals – an AI-powered solution that promises to boost revenue growth for investments focused businesses, giving them a competitive advantage through insights based customer engagement.

    The new solution is engineered for key organizations like stock brokers, investment platforms, financial data providers, AMCs and fintech companies that will be able to leverage and seamlessly integrate Trading Signals into their customer-facing platforms.

    Trading Signals deploys a four-pronged approach to provide a distinctive edge to wealth management businesses by leveraging state-of-the-art AI algorithms including large language models, reinforcement learning, and convolutional neural networks. Users of Trading Signals will have access to a combination of technical trading indicators, quant-based strategies, news-based trading cues, and fundamental analyses to help them make the right investing decisions.

    Appreciate’s solution will help businesses and their end users utilise cutting-edge deep learning techniques to identify stock chart patterns, deliver simplified buy & sell signals, and provide actionable guidance for both novice and experienced investors to enter and exit trades at the right time.

    Trading Signals is designed for seamless and quick integration. Its robust API architecture can be quickly integrated by financial and trading platforms. The API comes with dedicated technical support for businesses, for an easy and effortless integration.

    Lastly, the solution is built for scalability and can analyse stocks from across the globe. It is capable of handling global data without compromising on performance or speed and can process massive volumes of stock data in real time, maintaining high efficiency even at scale.

    Trading Signals unlocks new revenue streams for businesses that deploy it, while also opening the floodgates for higher transaction volumes from active trading. It is a premium market solution that enhances the market positioning of existing stock brokers and fintech firms, while simultaneously improving risk management parameters and rendering automated decision support. Further, how Trading Signals is deployed can be customized by each business, enabling differentiation from peers and competitors.

    For end users of businesses using Trading Signals, the solution promotes a systematic market approach calibrated and supported by AI-powered trading insights with 24×7 market coverage. It also helps optimise portfolios by making research much more efficient thereby adding customer delight.

    “Our new cutting-edge trading solution is a paradigm shift for our clients’ customer engagement strategy, driving stickiness and revenue growth. India’s younger demographic, which values and acknowledges the importance of customised technical and fundamental indicators will find this tool to be a game-changing value add in their investing toolbox,” said Subho Moulik, Founder & CEO, Appreciate. 

    Appreciate’s Trading Signals solution is now available globally.

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.