Tag: Business

New Delhi (India), May 1: Axita Cotton Limited, a prominent player in the textile industry, has recently showcased an impressive performance in its financial results for the fiscal year 2023-24, indicating a promising outlook for immediate gains. With a notable surge in revenue and profitability, coupled with strategic initiatives and positive market sentiment, the company appears primed for an upward trajectory in the near future.

The fiscal year 2023-24 witnessed Axita Cotton Limited achieving remarkable milestones, with its revenue soaring to Rs. 1104 crores, reflecting an outstanding increase of 100.89 percent compared to the previous fiscal year’s figures. This substantial growth underscores the company’s robust operational performance and its ability to capitalize on market opportunities effectively.

Moreover, the announcement of a 10 percent dividend for shareholders further reinforces the company’s commitment to value creation and enhances investor confidence in its growth prospects. This declaration signals management’s confidence in sustaining growth momentum and generating sustainable returns for stakeholders.

In addition to the impressive top-line growth, Axita Cotton Limited recorded a commendable increase in net profit, which surged by 20.49 percent from the previous fiscal year. This upward trend in profitability underscores the company’s efficient cost management and operational excellence, contributing to enhanced shareholder value.

Chairman and Managing Director of Axita Cotton Limited, Nitin Patel, attributed the stellar financial performance to the collective efforts of the company’s workforce and the strategic deployment of new technologies. He emphasized the company’s commitment to integrating acquisitions seamlessly, adhering to its strategic roadmap, and fostering sustainable revenue growth.

Furthermore, Axita Cotton Limited’s engagement in the ginning and pressing of seed cotton, coupled with its diverse product portfolio encompassing cotton bales, cotton yarns, and cotton seeds, positions it favorably in the market. The company’s leadership in organic cotton supply underscores its commitment to sustainable practices, contributing to long-term environmental and social sustainability.

With a robust export business accounting for more than 40 percent of its gross revenue, Axita Cotton Limited is well-positioned to capitalize on international market opportunities, particularly in countries such as Bangladesh, China, Vietnam, and European nations. The company’s focus on Better Cotton Initiative (BCI) and Fairtrade practices further enhances its reputation as a responsible corporate citizen, aligning with evolving consumer preferences for ethically sourced products.

In conclusion, Axita Cotton Limited’s exceptional financial performance, coupled with its strategic initiatives and commitment to sustainability, positions it as a compelling investment opportunity in the short term. With a positive market outlook and a trajectory of continued growth, investors can anticipate favorable returns as the company navigates the evolving landscape of the textile industry. Given its promising prospects, it wouldn’t be surprising to see the stock touching ₹45 in the near future, further solidifying its status as a lucrative investment option.

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New Delhi [India], May 1: Travomint, an online travel agency that offers pocket-friendly travel booking services to customers across the globe has today announced that it won the title for ‘One of the Fastest-growing Travel Companies in India’ at the prestigious Times Business Awards, North 2024 for its exceptional growth and innovative approach. This recognition highlights Travomint’s commitment to providing economic travel bookings and its dedication to customer satisfaction, under Alok K Singh’s leadership.

With a relentless focus on leveraging cutting edge technology to enhance the travel booking experience, Travomint continues to expand its reach as well as solidify its position as a leader in the travel industry. This recognition further motivates the team to strive for excellence and go above and beyond in today’s constantly changing landscape of the travel industry.

I was profoundly honored to have even been nominated by The Times of India’s Times Business Awards, “said Mr. Alok K Singh, Co-founder and CEO of Travomint. “I’m truly humbled by this recognition, honors like this are not won by a single individual but by a stellar team and the exceptional customers who have put their trust in Travomint. To be recognised among such great leaders and businesses is an honor in and of itself, but also a testament to the talented team members I have endeavored to surround Travomint with every day to get to this point”.

Established in 2016, Travomint aims to streamline travel bookings globally. Co-founded by Indian siblings, its headquarters are in India. Utilizing a hybrid model, Travomint enables digital or phone-based ticket reservations. With legal presence in over 10 countries, including India, USA, UAE, UK, Canada, Singapore, and Hong Kong, it now serves customers in 60+ countries. Prioritizing convenience, choice, and value, Travomint provides diverse flight, hotel, and vacation package options worldwide at competitive rates.

The Times Business Award honors the achievements of entrepreneurs and professionals. It recognizes leaders across various categories who have excelled in their fields. The awards ceremony was graced by Suniel Shetty, a well-known Indian film actor, known for his diverse roles.

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New Delhi (India), April 30:  Uppercase, a sustainable Indian luggage brand has recently won a coveted Best Product award from Red Dot design award, for their product Bullet. They are the first Indian luggage brand in 69 years to win this award. Recognized internationally for the excellence in product design, this accolade underscores Uppercase’s commitment to innovation and sustainability through its product.

Bullet is a smart, durable, eco-friendly trolley bag which is one of the bestselling products of the company and is made out of recycled plastic. It is ideal for environmentally conscious customers who want to travel without the guilt of harming nature.Their commitment to sustainability extends beyond the product itself, in the last 17 months their flagship design bullet has led to the recycling of an equivalent to 60,000 plastic bottles , making a positive impact on the planet.

“Winning this award is a great milestone for Uppercase,” says Sudip Ghose, Founder and MD. “It’s a positive recognition of our unwavering commitment to design excellence, something that’s truly embedded in Uppercase’s DNA. We believe that luggage shouldn’t have to compromise on style, affordability, or sustainability. This award validates that vision. We want to empower our customers to travel with confidence, knowing their luggage reflects their sense of style while minimizing their environmental footprint.”

With a commitment of crafting efficient, fashionable, and environmentally friendly luggage. Uppercase is on a mission to become a market leader in the sustainable luggage industry. The company believes that style and eco-consciousness go hand in hand, empowering travelers to make a positive impact without sacrificing on the design. 

About Uppercase:

Uppercase is a leading travel gear brand dedicated to empowering conscious explorers. Recognizing that exploration and environmental responsibility can go hand-in-hand, Uppercase designs and manufactures stylish, high-quality travel essentials crafted from recycled materials and using sustainable practices. Their innovative product line includes eco-friendly backpacks, trolley bags, duffels, and shoulder bags

Founded by passionate travel enthusiasts committed to the planet, Uppercase fosters a positive impact by partnering with environmentally conscious young people. Together, they advocate for a more sustainable future of travel.

For more information, visit: https://uppercase.co.in/

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Ambala (Haryana) [India], April 30:  This December, Jindal Petro Foam is celebrating its 30th anniversary, marking three decades as a pioneer in the polyurethane foam market. Established in 1994 by Rajesh Jindal, the company has been a cornerstone of the industry, known for enhancing sleep quality with high-performance products and customer satisfaction.

Reflecting on the origins of the company, Rajesh Jindal, the Managing Director, shared insights into the company’s initial vision and the journey it has undergone. “When we started out, the Indian market largely depended on traditional materials like cotton and jute for mattresses. My father envisioned a shift towards more advanced, comfortable sleep solutions, leading us to set up a plant that not only localised polyurethane foam production but also spurred innovation in domestic manufacturing,” Jindal said.

Over the years, Jindal Petro Foam has transformed from a small-scale operation into a major player in the industry. It now boasts a modern manufacturing facility spread over 18 acres and employs over 500 skilled workers. The facility is equipped with sophisticated German technology, which has significantly boosted both production efficiency and product quality.

The company has faced numerous challenges, especially in recent times, adapting swiftly to changing market demands and expanding its online presence. “The recent global events have emphasised the need for flexibility and community engagement in our operations,” Rajesh explained.

Looking ahead, Jindal Petro Foam is not resting on its laurels. The company is actively expanding its product range and exploring new markets, with a strong emphasis on sustainability. “Our future plans include broadening our offerings and venturing into new markets, particularly focusing on eco-friendly options. We are working on developing environmentally friendly foams and continue to innovate with specialised products like our sound-proof acoustic foam,” he concluded.

The facility at Jindal Petro Foam is equipped with its own advanced moulding and CNC design machine, which uses German technology. It features the HENNECKE High-Pressure Foaming Machine and the Albrecht Baeumer Looper machine. These advanced technologies have improved production efficiency and product quality, enabling the company to cater to a broad range of needs, from home comfort to specialised technical foams, including its specialised sound-proofing acoustic foam.

Looking ahead, Jindal Petro Foam envisioned broadening its product range and entering new markets, strongly emphasising sustainable and eco-friendly solutions. The company is diligently working on developing foams that minimise environmental impact. It continues innovating with specialised products which are applicable across multiple industries. The company’s research and development efforts are stronger than ever, ensuring they remain at the forefront of the industry.

Additionally, Jindal Petro Foam is also enhancing its specialty foams, including options like Cool Gel Infused Foam and Copper Infused Foam for railway applications, to meet diverse industry needs.

For more information, please visit:- https://jindalfoam.com/

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Mumbai (Maharashtra) [India], April 30:  Paradigm Realty, a leading name in Mumbai’s luxury real estate landscape, along with Prozone marks another prestigious milestone with the launch of limited-edition Skydeck Residences at Alaya, in their landmark 102 Downtown township. The residences — which are primed to be the hallmark of luxury, accessibility, and sophistication in Mumbai — will fuse stunning aesthetics and state-of-the-art amenities with unparalleled refinement to present home buyers with a truly distinctive offering. What truly sets these residences apart are their spacious balconies, open east and west for great ventilation, ample of parking space, and a rarity in the city, that elevate everyday living to a truly sensory experience, offering residents the ability to invite the outdoors in.

Nestled in the heart of Mumbai’s bustling and glamorous Oshiwara neighbourhood, Paradigm Alaya is indeed an oasis of beauty, indulgence and elegance. The property is the crown jewel of 102 Downtown, a 10-acre-township that has been inspired by Dubai’s downtown lifestyle. It is thus the destination of choice for bon vivants and worldly home-buyers who want to experience the buzz of city living, with the added privilege of being able to escape into their own sanctuary of indulgent creature comforts and blissful exclusivity. The residences come in one-, two- and three-bedroom variants, in acknowledgment of the diverse needs, lifestyles and priorities of prospective homeowners.

“For today’s savvy buyers, their home is so much more than just a residence — it is an extension of their identity. The Skydeck Residences have been designed with an eye for their evolving needs and wants. These residences define the new face of luxury and opulence, one that seamlessly assimilates every contemporary convenience, while never losing sight of the exclusiveness, the stunning aesthetics, the exquisite craftsmanship and signature sophistication that are the hallmarks of Paradigm Reality and Prozone,” said Parth K Mehta, CMD of Paradigm Realty, of the launch of these residences.

The Skydeck Residences are furbished with every necessity, and a few essential extras to make for a completely indulgent experience — modular kitchens, home automation, valet and concierge services make the daily routine even more seamless, while the designer elevators are a nod to the truly distinctive aura of Alaya, as they whisk you away from the humdrum of daily life into your truly tranquil abode. With subtle but thoughtful touches that include an on-call butler, chef and chauffeur, coming home to Alaya becomes synonymous with coming home to personalised care.

Alaya boasts over 40 amenities that are spread across more than 25,000 sq. ft; these include a state-of-the-art gymnasium, expansive pools, salon and spa, and green coves that offer ample opportunities for recreation. These discreet but unmistakable flourishes distinguish Alaya and establish this property in a class that is all its own. Alaya’s unbeatable location ensures easy access to both airports, as well as to major transport hubs, shopping malls and business districts. And thus, it offers residents the greatest luxury of all in Maximum City — time.

Standing tall as an imposing 40 storey high-rise structure, Alaya inspires an aspirational way of life for its residents who want and can have it all. And while it is situated in one of Mumbai’s most sought-after celebrity addresses, Alaya is truly the brightest star of Oshiwara.

This Project has been Registered with MahaRERA under the name of “Paradigm Antalya”.

Registration No.: P51800020208 available on website https://maharera.mahaonline.gov.in

About Paradigm Realty – Paradigm Realty stands as a distinguished force in the Mumbai Metropolitan Region’s suburban real estate landscape, renowned for its luxurious offerings, superior construction quality, and unwavering commitment to on-time delivery. With over 8 years of operation, the company has garnered acclaim for its cutting-edge projects, showcasing design efficiency, functionality, and environmental sustainability. Led by CMD Parth K. Mehta, Paradigm Realty has earned a stellar reputation, catering to over 3000 satisfied families and demonstrating an impressive capability to execute multiple projects annually. With a robust pipeline of proposed projects and a dedicated team of professionals, the company continues to prioritize customer satisfaction, financial stability, and sustainable development, cementing its position as a leader in the real estate sector while actively contributing to the community and environment.

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New Delhi (India), April 30: The businesses in 2024 are undergoing a remarkable transformation. Companies are not just keeping pace with change but defining it, leading a charge that marries innovation with inspiration. These are the firms that are setting new standards, reshaping industries from technology to sustainability, and demonstrating what it means to be a leader in the modern economy. Join in exploring the stories of these pioneers, who promise to inspire not just today’s entrepreneurs but generations to come.

1. Villa Agroha

Travel blogger Deepesh Agarwal, known for his website mountabu.com, has changed the experience of luxury stay at Mount Abu with Villa Agroha.  Founded in 2018, this colonial-era property has been carefully restored into a boutique haven that blends old-world charm with contemporary conveniences.

Deepesh Agarwal, driven by a desire to create memorable moments, envisioned a location that would exceed guest expectations. Villa Agroha, a living example of this vision, stands out with its special blend of villa solitude and luxury hotel care, making it a perfect choice for families and private getaways. 

Villa Agroha’s commitment to excellence has been acknowledged with prestigious awards.  In 2023, LuxLife Magazine named it the Best Boutique Hotel in Rajasthan, and Tripadvisor has awarded it the Travelers’ Choice Award for three consecutive years. This hotel, located just one kilometre from the renowned Nakki Lake, is a great place to begin for visiting Mount Abu.

https://www.hotelagroha.com

2. YouStable

Since 2015, YouStable has been a web hosting hero in India, offering premium solutions at budget-friendly prices. Many web admins and design companies have trusted YouStable to keep their websites running smoothly. YouStable understands that budgets matter. Its plans start at just ₹49/month, making it incredibly affordable. 

It prioritises high-performance servers and uptime to ensure the website is fast and reliable. YouStable’s team is hard-working and sincere, guaranteeing online success. YouStable has highly affordable dedicated server solutions in prime locations across India, which are perfect for businesses with demanding needs. Plus, it has Managed Dedicated Servers for complete control and VPS options for scalable hosting.

Its commitment to exceptional service has made it a favourite among web professionals in India. Whether a freelancer or a large agency, YouStable has a hosting solution to fit all needs.

3. Bizmorphic Research

Bizmorphic Research, founded on February 23, 2022, is one of the very few AI research startups in India that focuses on research analysis using AI. It is developing sophisticated AI models and revolutionising research analysis.

Their specialised AI models speed up the process of gaining insights from vast volumes of research papers, significantly reducing the time required for researchers to conduct their work. Unlike existing Large Language Models, this AI model owns exceptional memory capacity and unparalleled speed in data processing.

Supported by MATH and the Department of Science and Technology, India, and incubated at T-Hub, Bizmorphic Research bridges the gap between researchers and businesses. Through their platform, the company facilitates collaboration, idea generation, and dissemination of research findings.

This research analysis platform will help R&D-focused businesses find innovative solutions out of the latest cutting-edge research. Bizmorphic Research extends beyond technology and includes community-building initiatives as well.

4. First Foundation Pro

First Foundation Pro, a makeup academy brand founded by Sathya Sree Sutari in 2017, is expanding its reach with new makeup artist courses in Bengaluru Branch. This comes after eight years of success in Hyderabad, where the makeup academy has consistently earned top ratings from students. 

Academy founder Sathya Sree Sutari has a strong record of working with top celebrities such as Shreya Ghoshal and consulting for prominent beauty pageants. She also holds ISO 9001:2015 certification for the academy’s quality management practices. 

Students receive a high-quality portfolio shoot with industry-leading photographers, placement assistance through a digital platform, and access to online video classes for continued learning. The makeup academy in Bengaluru features a learning space designed by an award-winning architect. With its innovative approach and dedication to developing makeup entrepreneurs, First Foundation Pro sets a new beauty business-standard. 

5. BookingMyna

BookingMyna, a prominent online booking platform for hair, makeup, and saree draping services, is delighted to announce its October 2024 expansion to Bengaluru. Founded in 2021 by Mr Vishal Sutari, BookingMyna has effectively made a name for itself in Hyderabad, offering customers a convenient and reliable way to access professional beauty services.

BookingMyna provides a platform for customers to book appointments with qualified, trained, and certified makeup artists, hairstylists, and saree drapers. The company prioritises customer satisfaction by ensuring high-quality services through its network of certified professionals who have passed strict quality checks.

BookingMyna puts the needs of its customers first by safeguarding advances from no-shows or false service cancellations. The platform also ensures substitute artists in case a customer requests them. With its expansion to Bengaluru, BookingMyna aims to bring the same level of quality and convenience that Hyderabad residents have come to appreciate. 

https://www.bookingmyna.com

6. Share India Insurance Brokers Private Limited and Apollo Group of Hospitals

Share India Insurance Brokers Pvt Ltd. has joined forces with the renowned Apollo Group of Hospitals to strengthen preventive healthcare measures and early detection of illnesses for their members. This partnership is officially signed by Mr. Ajay Patel, CEO of Share India Insurance Brokers Pvt. Ltd., and Dr. Kiran Shingote, Unit Head of Apollo Hospitals, Mumbai.

This collaboration will leverage Share India’s extensive client network and Apollo Hospitals’ vast experience serving over 50 million people. Mr Patel emphasises, “We aim to address the prevalence of lifestyle-related illnesses among our members by offering preventive health checks in partnership with Apollo Hospitals Navi Mumbai.”

All the while, Dr. Shingote stresses the importance of regular checkups and says, “At Apollo Hospitals, we use technology to overcome healthcare delivery barriers and offer personalised health check services to all. Technology-backed preventive health check packages increase the accuracy of diagnoses, help clinicians and patients make informed decisions, and help improve disease management.”

7. Dr. Mahima Kak Nagpaul

Dr. Mahima Kak Nagpaul, an esteemed IVF specialist based in South Delhi, has been honoured with multiple accolades for her outstanding contributions to Gynaecology and Reproductive Medicine. With over 9 of specialised experience, she recently received the Dr. Subhash Mukhopadhyay Art Aspirant Award in 2021, the ISAR Young Achiever Award in August 2023, and the Star of Delhi ISAR Award in December 2023.

Dr Nagpaul’s practice includes a comprehensive range of fertility treatments utilising advanced technologies such as in vitro fertilisation (IVF) and intrauterine insemination (IUI). She tailors treatment plans to each patient’s unique needs, enhancing outcomes through personalised care.

In addition to her clinical pursuits, Dr. Mahima Kak Nagpaul is committed to promoting reproductive health, managing conditions like PCOS and endometriosis, and Spreading Awareness about cervical cancer prevention through HPV vaccination.

This recognition highlights Dr. Mahima’s  dedication to her field and her ongoing efforts to improve patient care and treatment efficacy.

8. MG Construction

Mr Abhishek Kumar Tripathi, the founder and CEO of MG Construction, has received a prestigious award from Book World Records for his contributions to the construction industry.

Mr Tripathi’s path to achievement started during his two decades of honourable and dedicated service in the Indian Air Force. Motivated by a spirit of entrepreneurship, he made the move to the construction sector and founded MG Construction in 2022.

MG Construction, an ISO 9001: 2015 certified company, actively integrates eco-friendly practices and technologies into its operations. This contributes to a greener future and demonstrates its commitment to quality management and operational excellence.

This award from Book World Records celebrates Mr. Tripathi’s visionary leadership and MG Construction’s commitment to excellence and sustainability. He is a true inspiration, paving the way for a brighter future in the construction industry.

9. Aventuras

In 2018, three computer science engineers— Sourabh Suman, Sagar Gupta, and Gaurav Kumar— founded Aventuras, a travel company. On spotting a gap in the travel market, the founders modelled Aventuras after a different approach, prioritising personalised experiences and building trust with clients.

Backed by a team of destination experts, Aventuras curates a travel plan that satisfies the unique needs of every customer. The travel company offers transparency in flexible pricing, in plan changes, ensuring clients receive good value for their money.

The company prides itself in fostering strong relationships with vendors. Aventuras’ commitment to customer satisfaction extends beyond bookings. During the Covid-19 pandemic, Aventuras offered out-of-pocket refunds to clients whose trips were cancelled, even when refunds from vendors were unavailable.

This travel brand stands out from the crowd by providing a human touch. They believe in building trust with clients and ensuring a smooth and enjoyable travel experience.

10. Spectral Consultants

Navigating the complexity of talent acquisition in today’s fast-paced business environment can be difficult. For over two decades, Spectral Consultants, established by Vaishali Kaushik in 2002, has been offering precisely that.

Spectral Consultants is a globally recognised service delivery leader with a track record of building high-performing teams and participating in industry associations like NHRD, DMA, and SHRM. Its ability to fully understand its clients’ needs has allowed it to continuously exceed expectations and devise creative solutions.

Spectral Consultants has reached a notable milestone with over 1,000 individuals in leadership and senior-level roles across seven international geographical regions. This accomplishment demonstrates its dedication to enabling individuals, companies, and growth that is driven by purpose.

Leading the industry in talent and executive search solutions, Spectral Consultants has over 21 years of expertise and a commitment to teamwork. It looks forward to continued expansion and supporting clients in achieving their business goals through strategic talent acquisition.

The compiler of the list: Storybizz by Atelierish

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Ahmedabad (Gujarat) [India], April 30:  Ahmedabad based Sai Swami Metals & Alloys Ltd, makers of DOLPHIN Brand stainless Steel Cookware & appliances and wide range of stainless steel products is planning to raise Rs. 15 crore from its SME public issue. The company has received approval to launch its public issue on BSE SME Platform. The public issue open for subscription on April 30 and closes on May 3. The proceeds of the public issue will be utilised to fund company’s expansion plans including purchase of machineries, invest in subsidiary company, meeting working capital requirements and general corporate purposes. Swastika Investmart Ltd is the lead manager of the issue.

IPO Highlights:-

• Public issue opens for subscription from April 30 and closed on May 3.
• Minimum lot size for application is 2000 shares; Minimum IPO application amount Rs. 1.20 lakh
• Funds raised through the issue will be used for Purchase of Machineries, Invest in Subsidiary Company, meeting the working capital requirements and general corporate purposes
• For 9 months of FY23-24 company reported revenues of Rs. 33.33 crore and Net Profit of Rs. 1.79 crore
• Swastika Investmart Ltd is the lead manager of the issue.

The initial public offering comprises of a fresh issue of 25 lakh equity shares of face value Rs. 10 each. Company has fixed price of Rs. 60 per equity share for the public issue (including a premium of Rs. 50 per equity share). Out of the issue proceeds of Rs. 15 crore, company plans to utilize Rs. 6 crore towards working capital requirements, Rs. 4 crore for investing in a subsidiary, Rs. 2 crore for purchasing machineries and Rs. 2 crore towards general corporate purpose. Minimum lot size for the application is 2000 shares which translates in to investment of Rs. 1.2 lakh per application. Retail investor quota for the IPO is kept at 50% of the net offer.

Sai Swami Metals and Alloys Ltd is involved in the trading and marketing of a comprehensive array of stainless steel products, addressing the diverse needs of our discerning customers. The company’s product line includes a variety of kitchenware such as Dinner Sets, S.S. Casseroles, S.S. Multi Kadai, S.S. Water Bottles, Stainless Steel Sheets, Stainless Steel Circles, and various utensils. The Dolphin brand is recognized for trading and marketing stainless steel kitchenware products by the company and its two subsidiaries, Bhagat Marketing Private Limited and Dhruvish Metals LLP. As of December 3, 2023, company has a network of 6 Distributors and more than 150 sub-dealers/stockiest/retailers and strategic alliances in the state of Gujarat, Madhya Pradesh, Maharashtra.

Mr. Nipun Anantlal Bhagat, Chairman and Managing Director, Sai Swami Metals & Alloys Ltd said, “From its humble beginnings in marketing to establishing manufacturing units and enduring challenges, the company’s commitment to quality and innovation remains unwavering and has emerged as a dynamic player in the stainless steel industry. We are hopeful that after the proposed public issue, we will be able to execute our growth strategy in a manner that creates exponential value for all stakeholders while consistently delivering quality products.”

The DOLPHIN brand of the company stands as a beacon of success, reflecting the company’s resilience and lasting impact in the Gujarat market. Over the past three decades, it has consistently translated innovative ideas into an ultramodern range of high-quality kitchenware made from the finest stainless steel material. Company and two subsidiaries i.e. Bhagat Marketing Private Ltd and Dhruvish Metals LLP have a wide range of product portfolio across three categories consisting Cook wears, Kitchenwear and Cutery over 1,200 with different model, each presenting a unique look, style, and personality.                   

For nine months ended December 2023 , company has reported net profit of Rs. 1.79 crore and revenue of Rs. 33.33 crore as compared to full year profitability and revenue of Rs. 3.83 lakh and Rs. 6.27 crore in FY22-23. As on December 2023, Net Worth of the company was reported at Rs. 6.64 crore, Reserves & Surplus at Rs. 2.53 crore, Asset base of Rs. 26.17 crore and RONW at 27.02%. Shares of the company will be listed on BSE SME platform.                     

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Pillar by pillar, brick by brick! Very few words better describe Shadab Nagani’s journey at SSIZ International. A second-generation entrepreneur who swears by hard work, sincerity and honesty, Shadab knew his family’s rich legacy in the beauty and styling industry would be a mighty peak to climb, and he wouldn’t have it any other way! 

Starting from the ground floor and working his way to the top, Shadab was a budding entrepreneur at one of SSIZ’s stores before earning his stripes to become Director of E-commerce and Sales at SSIZ International. While beauty and styling were always in his blood, Shadab first got a real taste of the industry while shadowing the man he most looked up to, Mr. Irfan Bhamla, Founder, Chairman and Managing Director of SSIZ International. Those initial few glimpses of this profession were more than enough to excite a young Shadab to embrace it as a lifelong career. 

Climbing up the ranks helped Shadab study every aspect of the business to perfection, and develop grassroot level connections with clients, customers and other stakeholders. The self-confessed ‘strategy’ junkie has been part of every cog within the organization, may it be overlooking dispatches, working with courier and payment gateway partners or addressing even the smallest of customer complaints. Shadab knows all the tricks of the trade like the back of his hand due to the time he spent on the field. A master’s degree in commerce from Mumbai University further enhanced his understanding of business on an academic level. 

With a deep-rooted passion for the online world and in-depth knowledge of the modern consumer, Shadab envisioned the next big chapter in SSIZ’s growth story to be its venture into the e-commerce space. Being a traditional family run business, the company’s initial approach towards online retail was cautious and conservative. Shadab had to work with finite resources to chart a path for SSIZ on the internet. 

Turning every challenge into an opportunity to think out of the box, Shadab built an e-commerce empire that was solid, successful and sustainable without any flamboyant investment on frills. He had to get it right on the very first try, and get it right he did! Today, SSIZ International’s homegrown brand IKONIC has a robust and distinct presence in the online world, with products that boast of top shelf quality, segment first features and impeccable design. IKONIC is also a highly valued brand in marketplaces across the board, etching a strong benchmark in the premium section of the beauty and styling category.   

As someone who identifies with innovation, the online world was tailor made for Shadab’s astute skills and talents. The hyper-changing nature of e-commerce not only exhilarates his mind, but also pushes him to constantly think on his feet. From meticulously analyzing sales data to minutely researching consumer patterns, there’s never a dull day at work for Shadab. He has a precise finger on the pulse of the beauty and styling market, and most of his calls have hit the bull’s eye in more ways than one. 

If there’s one philosophy Shadab always stands by, it’s that the customer is king! Having worked extensively in the offline sector, he was aware of the customer’s wants and needs, and how SSIZ can fulfill it in the online domain. Regularly updating himself on purchase patterns and behaviors, Shadab leaves no stone unturned in keeping customers in the front and center of the business. It is this immense focus on customer satisfaction that has cemented SSIZ International as one of the most trusted brands in the e-commerce space.   

At his very core, Shadab is a family man who enjoys the simpler pleasures of life. An evening of tea and laughter with loved ones is enough to bring a wide smile on his face. A die-hard reader who no longer gets the bandwidth to dive into books, Shadab tries to sneak in a page or two of his favorite authors whenever he finds the time. The web is another place he can often be found, either reading up on the latest trends or latest technology. Last but not the least, Shadab is an avid sports fan who admires legendary players like Sachin Tendulkar. 

A believer in dreaming bigger and better, the entrepreneur has many more plans and many more surprises in store as he sails ahead in his e-commerce journey. While expectations may be on an all-time high, Shadab is no stranger to a tall challenge or two! 

New Delhi [India], April 29: Nixtour India Private Limited, a leading IATA Accredited Travel company is thrilled to announce an exciting partnership with Aeroflot – Russian Airlines, aimed at revolutionizing travel experiences to Russia for its clients in India. With a dedicated team working tirelessly round the clock, Nixtour has built a reputation for providing seamless travel experiences, and this collaboration with Aeroflot further solidifies its commitment to excellence in customer service.

“We are excited to introduce this strategic partnership, which will redefine the way our clients experience travel in Russia,” said Dr. Nikesh Ranjan, the founder of Nixtour India Private Limited. “Through this collaboration, we aim to provide our clients with unparalleled access to Russia’s vibrant cities, historic landmarks, and cultural treasures, all while ensuring the utmost comfort and reliability that Aeroflot is renowned for.”

Aeroflot – the flagship carrier of the Russian Federation, stands as a symbol of excellence in aviation, boasting a rich history spanning nearly a century. Established in 1923, Aeroflot has evolved into one of the world’s leading airlines, renowned for its unwavering commitment to safety, service, and innovation. As a global ambassador for Russian culture and hospitality, Aeroflot welcomes passengers from around the world to experience the warmth and hospitality of Russia firsthand.

With its extensive route network and renowned service standards, Aeroflot remains a trusted partner in the journey of millions of travelers worldwide. Currently, Aeroflot operates daily flights between Delhi and Moscow utilizing Airbus A350-900 aircraft with a three-class configuration, providing travelers with a comfortable and luxurious journey.

As part of this collaboration, Nixtour clients can avail the following benefits –

• Exclusive Access to Aeroflot Bookings: Nixtour clients will enjoy exclusive access to Aeroflot bookings, ensuring hassle-free ticketing with personalized assistance and support throughout the booking process.
• Seamless Travel Experience: With Nixtour’s expertise in travel planning and Aeroflot’s exceptional service, clients can expect a seamless travel experience from booking to arrival, eliminating common travel-related stressors.
• 24-Hour Customer Support: Nixtour’s dedicated customer support team is available round the clock to assist clients with any queries or concerns, ensuring peace of mind throughout their journey.
• Special Deals for Students and Corporate Travelers: As part of this collaboration, Nixtour will offer special deals and discounts for students and corporate travelers, making travel to Russia more affordable and accessible for a wider range of clientele.
• Luxurious Travel Experience: Aeroflot’s state-of-the-art aircraft and three-class configuration ensure a luxurious and comfortable journey for Nixtour clients, enhancing their overall travel experience.

“We believe that this collaboration will not only enhance the travel experiences of our clients but also strengthen the ties between India and Russia by facilitating greater cultural exchange and business opportunities,” added Dr. Nikesh.

Additionally, to increase distribution channels and provide customers with a user-friendly booking experience and cheapest airfares, both international and domestic, Nixtour has chosen QuadLabs as its technology partner. QuadLabs’ advanced technology platform will enable Nixtour to offer customers a seamless user experience while accessing the best airfares available.

The partnership between Nixtour India Private Limited and Aeroflot – Russian Airlines marks a significant milestone in the realm of travel and tourism, opening doors to exciting opportunities for Indian travelers seeking to explore the rich tapestry of Russia. With a commitment to excellence and customer satisfaction, Nixtour is poised to deliver unparalleled travel experiences, seamless bookings, and personalized service.

For more information about NixTour, please visit – https://nixtour.com/

For more information about Aeroflot, please visit –https://www.linkedin.com/company/aeroflot—russian-airlines/

For Reservations & Queries, please contact – 

North & West India – Mr. Shankha Goswami: shankha@nixtour.com

East & South India – Mr. Somnath Burman: somnath@nixtour.com

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New Delhi (India), April 29:  Plantaway, an innovative company in the realm of plant-based foods announced the launch of its latest addition to its portfolio – plant-based gelatos. Made with 100% plant-based ingredients, these flavorsome gelatos are dairy free and have no added sugar.

Plantaway is the first plant Indian brand which offers an entire range of plant-based alternatives – including mylks, cheese and butter, mayos and dressings, and pea protein based meat alternatives. With the launch of the plant-based gelatos, the brand confirms its commitment once again to growing and contributing to the plant based market in India and enabling customers pursuing alternate dietary preferences or lifestyles. Whether you’re a vegan, vegetarian, flexitarian, or simply exploring new options, Plantaway provides an array of choices to the consumer.

At the core of Plantaway offerings is the commitment to rival or surpass the taste and texture of traditional dairy-based desserts. With the flavors – be it strawberry shortcake, salted caramel crunch or sicilian pistachio, the brand aims to offer decadent choices to its customers.

“Our plant-based gelatos offer a delightful array of flavors that cater to diverse palates,” says Romil Ratra, CEO – Graviss Good Foods and Co-Founder of Plantaway. “We are witnessing a remarkable surge in the demand for gelato across India, and we’re thrilled to be at the forefront of this exciting trend. Our gelato offers both timeless classics and innovative twists. Whether you’re a chocolate lover, a fruit fanatic, or craving something adventurous, our gelato’s have something to satisfy every craving. Recognizing that consumers may be hesitant to try plant-based options, we’ve introduced smaller cups, chocolate coated bars, making it easier for them to explore our delicious offerings before making a larger commitment. For convenience, we have enabled delivery via the country’s  most favored food delivery platforms like Swiggy and Zomato. We are not just offering gelato; we’re redefining the perception of plant-based eating, making it a flavorful and lifestyle choice that enhances both taste buds and well-being.”

Devika Suresh, Innovation Specialist, The Good Food Institute India said “For India’s only plant-based brand that offers end-to-end smart protein offerings that deliver on both nutrition and taste, launching a gelato range is indubitably a natural next step. GFI India’s research shows that besides delicious taste, early adopters of plant-based foods are particularly driven by health and sustainability when making retail choices, and Plantaway’s gelatos check all the boxes. With nearly 82% of plant-based dairy consumers showing repeat purchase intent, we are confident that the premium gelato flavors offered by Plantaway will be a huge success! This is yet another incredible milestone for the young and vibrant company that is carving out a never-before-seen niche in the Indian plant-based market.”

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