Surat (Gujarat) [India], November 10: On the maiden visit of the Executive Director of Canara Bank, Shri Ashok Chandra, Surat Regional Office conducted Mega MSME Credit Outreach Camp on 08/11/2023 at Surat. The event was also graced by Shri Shambhu Lal, Circle Head-Ahmedabad and Shri Sudhansu S. Sahoo, Regional Head-Surat. Many prospective MSME customers were present on the occasion and sanctions were handed over by ED Shri Ashok Chandra. As Canara Bank is also celebrating Founders Month and SHG month this November, hence SHG camp was also conducted for social empowerment of women in the august presence of Executive Director Shri Ashok Chandra.
ED Shri Chandra informed the gathering all the major initiatives taken by the bank for growth in market share by changes bought in the area specific Textile scheme as well as many new products under retail segments which are quite competitive & attractive rate for housing and other retail products. The day ended with fostering connections with HNI customers. The initiatives taken by the bank in conducting such events were appreciated by the customers.
Further Shri Ashok Chandra assured all the borrowers that Canara Bank is there for any type of business needs and at the same time bank is committed towards its social responsibilities. On this occasion a Town Hall meeting was also conducted for all the staff members of the city and nearby branches.
Dr. Kakkireni Bharath Kumar Appointed as CEO for Cryovault Biotech india Private Limited: Pioneering New Global Expansion and Elevating the Cryovault Brand
Bangalore (Karnataka) [India], November 10: CryoVault Biotech India Private Limited, a renowned leader in stem cell preservation, is proud to announce the appointment of Dr. Kakkireni Bharath Kumar as its new CEO. This appointment marks a pivotal moment in Cryovault’s history, signifying a significant step toward global expansion and innovation.
Dr. Kakkireni Bharath Kumar, a prominent entrepreneur, and visionary leader, is known for steering the KBK GROUP to remarkable heights. His diverse portfolio includes successful ventures such as KBK Business Solutions, KBK Multi-specialty Hospital, Equinox IT Solutions LLC, KBK Globalteq, KBK Property Developers, KBK Pharma, and KBK Broadcasting, among others. Dr. Bharath’s journey is a testament to his strategic investment choices and groundbreaking initiatives.
Under Dr. Bharath’s leadership, Cryovault India is poised to enter a new phase of global expansion. His experience in tailoring cutting-edge solutions to intricate client needs, as exemplified by KBK Business Solutions, promises to redefine Cryovault’s offerings in the field of stem cell preservation.
Cryovault is renowned for its commitment to quality and affordability. Dr. Bharath’s philanthropic mission, as reflected through KBK Multi-specialty Hospital, perfectly aligns with Cryovault’s values in enhancing healthcare. This appointment reinforces the company’s dedication to providing top-notch services in stem cell preservation.
With Equinox IT Solutions LLC in his portfolio, Dr. Bharath’s global outlook and expertise in reshaping the IT landscape will drive Cryovault’s technological advancements and innovation in the field of stem cell banking.
Furthermore, Dr. Bharath’s multifaceted approach, exemplified by ventures like KBK Globalteq, KBK Property Developers, KBK Pharma, and KBK Broadcasting, will infuse new perspectives into Cryovault’s strategies and expansion plans.
Dr. Bharath Kakkireni’s legacy as an entrepreneurial pioneer, investor extraordinaire, and dedicated philanthropist is set to have a profound impact on Cryovault’s future endeavors.
“This is an exciting new chapter for Cryovault India,” said Dr. Kakkireni Bharath Kumar. “I am thrilled to take on the role of CEO and lead this exceptional team. Cryovault’s reputation for quality and affordability is already well-established. I look forward to enhancing these strengths and driving global expansion, making stem cell preservation accessible and dependable worldwide.”
With Dr. Bharath at the helm, Cryovault India’s new leadership team is poised to usher in a period of growth and innovation. The company’s unwavering commitment to ethical practices, excellence, and accessibility remains intact, with the added dimension of global expansion and visionary leadership.
CryoVault has also Recently received ” Best Stem Cell Bank in India 2023″ Award by Telangana health Minister Shri. T. Harish Rao at hmtv Healthcare excellence Awards 2023.
For more information about Cryovault Biotech India Private Limited and its stem cell preservation services, please visit www.cryovault.in
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Mumbai (Maharashtra) [India], November 10: Reseal, a prominent organisation dedicated to recognising and celebrating business excellence, presented the Bharat Business Awards 2023 in the vibrant city of Mumbai.
Following a string of successful Business Award shows in different regions of Maharashtra, the prestigious event marked the culmination of Reseal’s efforts to acknowledge outstanding entrepreneurs from various industries.
Leading actresses Tamannaah Bhatia and Sonalee Kulkarni, along with Rakesh Kumar, Founder of Intra Life, and Sudarshan Sabat, recognised as the Best Mind Trainer in India, graced the glittering evening and presented the awards to a diverse group of accomplished awardees for their exceptional contributions to the world of business.
Speaking about the Bharat Business Awards, Sudhir Pathade, Founder and CEO of Reseal.in, said, “Creating and sustaining successful businesses entails more than just marketing and promoting. Several factors such as employee retention, securing funding and motivation play key roles in the success of any organisation. Bharat Business Awards is a platform to recognise and felicitate deserving entrepreneurs at the hands of prominent personalities who are a source of inspiration to many.”
Expressing gratitude to the two actresses for being a part of the awards ceremony, Mr Pathade said, “We are overwhelmed and deeply appreciative of the support we have received from the exceptional Tamannaah Bhatia and Sonalee Kulkarni. Their involvement has amplified our mission to inspire and motivate the business community of Maharashtra.”
The Bharat Business Awards 2023 was a memorable evening where outstanding individuals and organisations from various sectors were honoured for their commitment and contribution to the world of business.
The Reseal Market Research and Film Company (www.reseal.in) is a leading organisation specialising in research, branding, media, and films.
Tamannaah Bhatia felicitated the awardees during the first session of the Bharat Business Awards 2023. The list of awardees is as follows:
– Best Financial Market Education of Global Markets – Varsampat Enterprises & Capital
– Most Renowned Herbal Product Brand In India – K K Herbal Industries
– Most Renowned Bakery Raw Material Manufacturer in India – BAKEHAVEN CONFECTIONERIES LLP
– Youngest Business Entrepreneur of the Year – Streamfix Business Management
– Best Catering Services Provider in Gujarat – Sukhadia Caterers
– Best Buisness Personality in India – Yehova Yire Bachat Nidhi Limited
– One Of The Leading Forex Trading Institute in Mumbai – SBCAPITAL’S
– Youngest Entrepreneur of the Year in Construction Field (Marbles & Granites) – STONEPEDIA Pvt Ltd
– Team Intra Life Bangalore – Intra Life Private Limited
– Team Intra Life Ghaziabad – Intra Life Private Limited
– Team Intra Life Kolkata – Intra Life Private Limited
– Rishabh Marketing Intra Life Super Distributor (South India) – Intra Life Private Limited
– Intra Life Channel Partner KERALA – St. George Agencies
– Intra Life Channel Partner MAHARASHTRA – Pooja Medico
– One of the Leading Construction Company In Buldhana – Suryodya Enterprises
– One of the Leading Oxygen Gas & Nitrogen Manufacturing Company In Gulbarga (Karnataka) – Shiva Industries
– Best Beauty Salon in Bhogpur (Jalandhar) – Balraj Blunt Beauty Salon
– Best Tour operators in north-East-2023 – Niljyoti Travel Agency
– Path-Breaking Leader of the Year 2023 – Brandeas Biz Labs Private Limited
– One of the Leading Business Venture in India – Sambhav Products Importers and Exporters
– Most Renowned Interior Designer Company in India – Kutirply Pvt. ltd
– Emerging Startup of the Year – Renuka Agencies
– One of the Leading Water Solution Machine Manufacturing Company in India – Asian Water Machine
– Best Cybersecurity Institute in India – INSTA – Mrwebsecure
– One of the Leading Industrial Construction Services Provider Company In Vapi – Sai Shlok Infra Pvt. Ltd.
– Most Renowned Financial Technology Company in Thane (Maharashtra) – PE2WAY TECHNOLOGIES PRIVATE LIMITED
– Excellence Contribution towards Education Field – Surbhi Admissions Guidance Centre Parli V. Beed
– The Leading Interior Designers Company in Maharashtra – Rajshree Interiors & Infraastructure
– One of the Leading Cotton Yarn Traders in Maharashtra – Adishree Enterprices
– Most Renowned Vastu Consultant in Banglore – Vastav India
– Leading Trading Company in Punjab – Magnum Money
– Best Trading Company in Punjab – Garg Trading Company
– Most renowned Kitchen Sinks Brand in Gujarat – Alpine Sinks
– Most Popular Luxury Bus Travels Service Provider Company in Maharashtra – Sai Abhishek Tours & Travels
– Technocrat of the year – Ease of Doing Business
– Most Popular Luxury Hotel in Surguja (Chattisgarh) – PURPLE ORCHID HOTEL
– One of the Leading Science Academy in Maharashtra – Excellence Science Academy
– One of the Leading Tours & Travels Service Provider Company In Jharkhand – BRN CABS OPC PRIVATE LIMITED
– Best Adventure Resort in India – WONDER VALLEY RECREATIONS AND HOSPITALITY
– Youngest life Coach in India – Mr. Aryan Sabat
– Youngest Mindset Coach in India – Ms. Angel Sabat
– Intra Life Channel Partner ANDHRA PRADESH – Sri Sri Anantha Karthikeya Pharma
– Intra Life Channel Partner KARNATAKA – Lalitha Pharma
– Intra Life Channel Partner TAMIL NADU – MOURYA DRUGES & PHARMACEAUTICALS
– Intra Life Channel Partner GUJARAT – Shafina Medical Store
– YOUNG ENTREPRENEUR OF THE YEAR – Digitalentio
– Best Multidisciplinary College for Higher Education & Holistic Development in Western Region – Suryadatta College of Management Information Research & Technology (SCMIRT)
– One of the Leading Security Services Provider Company in India – Neru Security Force India Pvt Ltd
Sonali Kulkarni felicitated the awardees during the second session of the Bharat Business Awards 2023. The list of awardees is as follows:
– One of the Best Family Restaurant in Mumbai – Hotel Mauli Group
– Most Trusted Abacus, Vedic Mathematics Education Institute in India – Brains Academy
– One of the Best Business Financial Planner In Navi Mumbai – Corporate Legacy
– One of the Leading Holiday Tours & Travel Agency in Maharashtra – Neeta’s Royal Trips and Holidays
– Most Trusted SPM Machine Manufacturing Company in Sambhaji Nagar – J M Enterprises
– Most Popular Bridal Studio, Beauty Salon & Academy in Badlapur – Rajshree Gosavi Bridal Studio
– One of the Best Garment Manufacturing Company in Maharashtra – Belekar Garments
– Most Leading Fertilizer, Pesticides, Seeds Distributor &Trader in Solapur Pandharpur (Solapur) – Bagal Krushi Seva Kendra
– Most Popular Krushi Seva Kendra in Wardha – Mauli Krushi Seva Kendra
– The Best Quality Agriculture Plant Growth Regulators (PGR) Manufacturers & Suppliers in Solapur – Swamini Agrotech
– One of the Leading Financial Services Provider Company in Kolhapur – Karveer Nivasni Shree Mahalaxmi Kuries Pvt Ltd
– Most Emerging Social Activist & Entrepreneur in Beed – Mahalaxmi Trading Company
– One of the Best Financial Services Provider Company in Maharashtra – One Klick Suvidha Kendra
– One of the Leading Real Estate & Solar Product Supplier Company in Maharashtra – Aniruddha Enterprises
– Most Popular Construction Company in Satara – Akash Kumbhar & Associates
– One of the Best Contractor Services Providers in Nashik – Ashoka Multi Services
– Most Secured Sanitary Napkins Selling Company & Activist in the Field Of Women’s Menstrual Health Awareness – Lifeline Industries
– One of the Best Real Estate Company in Maharashtra – Rajnandini Properties
– Best Defence Academy in Maharashtra – Maruti Defence Academy
– Best Builders & Developers in Pune – S M Builders & Developers S M Udyog Samuh
– Most Unique Themed Restaurant in Maharashtra – Hotel Mayuri
– One Of The Best Interior Designer & Civil Contractors In Maharashtra – Malhar interiors
– Best Financial Services Provider & Mutual Fund Distributor in India – Mentorchamp Pvt Ltd
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New Delhi (India), November 10: Adsparkx marked a magnificent milestone as it celebrated its 9th Founders’ Day, thus embracing the theme of ‘RISE’ to symbolize the company’s extraordinary progression, ambitious future goals, and its foray into thrilling new ventures.
The event took place and served as a testimony to the company’s remarkable journey from its modest start in a humble 2-room apartment back in 2014 to its present towering pinnacle of accomplishments.
An Evening of Celebrating Growth with Grandeur
The celebration kicked off as the Adsparkx team made their grand entrance into a venue decorated beautifully that perfectly encapsulates the ‘RISE’ theme. An extraordinary moment unfolded with the presence of Adsparkx’s founders, Vipul and Nipun’s parents, Mrs. Achla Taneja and Mr. Avinash Taneja, who performed the ceremonial lamp lighting and marked the beginning of the event.
As the evening progressed, the stage was set for presentations from leaders of 10 diverse teams of Adsparkx. They successfully conveyed what their respective teams have achieved and also showcased the areas of improvement as well as their visionary outlook for the future.
The Sparkians RISE and Shine
Vipul and Nipun Taneja graced the stage to share their inspirational journey and unveil Adsparkx’s ambitious future plan under the banner of Project RISE. Project RISE is centered on empowering the team to drive leadership & development across all aspects, avenues, and trajectories. Their unwavering belief in the transformative power of words to ignite action and elevate performance deeply resonated with every Sparkian in attendance at the event.
Both founders stated the importance of collaborative efforts and teamwork and how they play a pivotal role in skyrocketing a brand to the pinnacle of success.
Vipul Taneja expressed his gratitude to the Sparkians for their contributions to Adsparkx’s growth. He further mentioned, “Adsparkx is just getting ready for global domination. We have already started to set our footprints in many different verticals in the US, Canada, and the UK. And this is just the beginning of a very bright future. Our team is fantastic and we look forward to creating Adsparkx as one of the biggest performance marketing pioneers in the world.”
Nipun Taneja seconded his thoughts and said, “Our nine-year journey has been truly incredible. Back when we started, we couldn’t have imagined reaching the heights we have as a team. I still recall the day we began, with just Vipul and I in our garage, fueled by a dream of building a thriving team and leaving our mark in this industry.
Looking back after nine years, it’s clear that we’ve achieved many of the goals we set out to accomplish. With the knowledge and experience we’ve gained, we’re confident about the direction we need to take the company.”
As the evening unfolded, the highly anticipated highlight had everyone buzzing with excitement—a live performance by Chandigarh’s renowned band, Karvaan. Their music got everyone in the groove, making it the standout attraction of the event, infusing charm and delight into the entire evening.
Acknowledging Efforts
One of the highlights of the evening was the remarkable achievement of Parag Chawla, Meta ads expert, who achieved an astounding 1000% growth and was rewarded with a brand-new Mahindra XUV 700. This accomplishment serves as a testament to the exceptional talent that thrives at Adsparkx and how it believes in acknowledging the work and efforts of its team members.
In alignment with the ‘RISE’ theme, Adsparkx is poised for further expansion, introducing & promoting learning & leadership initiatives that develop the team to further build the Adsparkx. It was during this event that the groundbreaking Adscale project was also unveiled. Adscale is a cutting-edge tool that combines task management and efficiency, guaranteeing successful campaign management for marketers. It not only streamlines task management but also empowers marketers to monitor their ad campaigns’ performance while seamlessly integrating AI for a wide range of functions.
Adsparkx’s 9th Founders’ Day celebration was a celebration of the company’s extraordinary voyage and its promising future. With unwavering dedication to unity, innovation, and expansion, Adsparkx continues its journey to new horizons.
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Pune (Maharashtra) [India], November 10: KSB Limited, one of leading pumps and Valves manufacturer in India recorded a growth of 31% in the third quarter compared to previous year.
-The Sales value for 3 quarters of 2023 is INR 16,446 million which is about 27% increase over the same period last year
-CBE Valves division recorded highest ever Order Intake YTD 2023 – INR 3173 Million
-Nuclear Business – bagged order worth INR 551 million for Auxiliary pumps from Nuclear Power Corp. of India
-Received LOA (order acceptance) of 278 Million INR and 12 Million INR respectively from UP & Haryana Govts. under PM – KUSUM scheme
-Export Business – INR 205 Million export order from Tecnimont SPA, Italy and INR 149 Million order from Kinetics Technology SpA Greek for LPG extraction and Oil refinery projects respectively.
-Breakthrough orders in defence segment from BBM Acoustic India Pvt. Ltd. worth 28.5 Million INR (Ship), and MoD, Indian Navy, Indigenization Unit worth 6.1 Million INR (submarine)
Summarising the Q3’23 performance, Mr. Farrokh Bhathena, Vice President of Sales and Marketing, KSB Limited said, “In the third quarter of 2023, KSB achieved outstanding Year on Year sales growth of 31% and witnessed a cumulative increase of 27% in sales over the past three quarters compared to last year. Our performance during this period was exceptional, marked by significant developments. We are determined to maintain this momentum, fuelled by a robust order intake in Q3 2023. We remain optimistic about the demand situation as a consistent upward trend is seen in our export business, which will strengthen our position in the global market. Additionally, our Solar division has witnessed significant growth, propelling us toward a future focused on attaining sustainable solutions. We have also successfully implemented e-sales tools across our facilities which will enhance operational efficiency and profitability. Moving ahead, KSB reaffirms its commitment to excellence, sustainability, and creating lasting value for all stakeholders.”
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CryoVault India Receives Best Stem Cell Bank in India from Telangana Health Minister T Harish Rao at the hmtv Healthcare Awards 2023
Hyderabad (Telangana) [India], November 10: Cryovault, India’s leading Stem Cell Preservation and Processing Center, is proud to announce its recent achievement as the Best Stem Cell Bank in India, a distinction awarded by the esteemed Telangana Health Minister, Shri Harish Rao, during the hmtv Healthcare Awards 2023 held at JRC Convention on September 16, 2023. Dr. Venu from Cryovault India accepted this prestigious recognition on behalf of the company.
Established in 2015 by four visionary leaders, Cryovault has rapidly become a pioneering institution committed to fulfilling the needs of Indian families considering umbilical cord blood stem cell storage. The company’s mission is deeply rooted in ethical principles and an unwavering dedication to delivering high-quality services at highly affordable rates.
Cryovault is accredited and licensed by the Indian Food and Drug Administration (IFDA), the Drug Controller General of India (DCGI), the American National Standards Institute (ANSI), and ISO 9001, ensuring the highest standards of excellence in the field of stem cell preservation.
Situated in Bangalore, India’s thriving Silicon Valley, Cryovault strategically positions its state-of-the-art laboratory away from seismic and flood-prone areas, ensuring the utmost safety and security for the precious stem cell samples entrusted to their care.
Cryovault’s comprehensive range of services includes CD34, CFU, NBS, and HLA testing, all provided at remarkably affordable prices, making stem cell preservation accessible to families from all walks of life. Cryovault’s commitment to affordability goes hand in hand with its dedication to delivering exceptional before and after-sales services, ensuring that families receive unwavering support throughout their journey.
Dr. Venu, Advisor at Cryovault, expressed his gratitude for the recognition, stating, “We are honored and humbled to receive the title of the Best Stem Cell Bank in India from Health Minister Harish Rao at the HMTV Healthcare Awards 2023. This acknowledgment is a testament to our unwavering dedication to ethical practices, quality, and accessibility. We understand the importance of stem cell preservation for families, and we are committed to delivering excellence every step of the way.”
Kakkireni Bharath Kumar, the dynamic CEO of Cryovault, has been instrumental in driving the company’s vision to become the top Stem Cell Bank in India. With his steadfast commitment to ethical principles and his relentless pursuit of excellence, Mr. Kumar has played a pivotal role in establishing Cryovault as a trusted and innovative leader in the field of stem cell preservation. Under his visionary leadership, Cryovault has made it possible for families in India to access world-class stem cell storage services at affordable prices, ensuring that every family can safeguard their future health. His dedication to quality, affordability, and accessibility has not only earned Cryovault numerous accolades but has also positively impacted countless individuals and families throughout the nation.
Kakkireni Bharath Kumar’s leadership continues to drive Cryovault’s mission to make stem cell preservation a reality for all.
Cryovault’s innovative and affordable approach to stem cell storage has garnered significant attention and trust from families across India. The hmtv Healthcare Award 2023 further validates Cryovault’s position as a leader in the field of stem cell preservation and processing.
In addition to being recognized as the Best Stem Cell Bank in India, Cryovault has also become a preferred choice for families from international markets. Cryovault has been receiving samples from other countries, further solidifying its reputation as a global leader in stem cell preservation. The trust placed in Cryovault’s services extends beyond India’s borders, as families from around the world seek the company’s expertise in safeguarding their loved ones’ future health. Cryovault’s commitment to affordability, quality, and accessibility resonates with families globally, making it a beacon of hope for those who understand the importance of preserving the potential life-saving benefits of stem cells. This international recognition is a testament to Cryovault’s dedication to excellence and its mission to make stem cell preservation a reality for families everywhere.
For more information about Cryovault and its comprehensive range of stem cell preservation services, please visit www.cryovault.in
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Founders of Aertsen Living & De Italia Manidhar Anumula, Ar.Suresh Nagala and Vinay Addagiri launching De Italia New store at Jubliee Hills.
Hyderabad (Telangana) [India], November 9: Jubilee Hills, Hyderabad, was the stage for a momentous event in the world of luxury home interiors. Dē Italia, a venture by Aertsen Living, unveiled its grand launch on the 28th of October, redefining the standards of luxury furniture in India. The event, attended by an overwhelming 1000+ people on the very first day, is a testament to the brand’s unwavering commitment to delivering top-tier quality and innovation.
Dē Italia, a subsidiary of the esteemed Aertsen Living, is more than just a furniture store; it’s a celebration of craftsmanship, design, and accessibility. The brand’s mission is clear – to make luxury furniture accessible to a broader audience. With their meticulous sourcing of materials from around the world and the careful curation of their collection, they have made this vision a reality.
Aertsen Living, a renowned leader in the premium and luxury home interiors industry, has a legacy of providing top-notch home interior solutions. Their commitment to exceeding customer expectations, exceptional range of products, and services has earned them a trusted name in the industry. Dē Italia, their latest venture, represents a fresh perspective on luxury furniture, pushing the boundaries of opulence and sophistication.
The grand launch event was a resounding success, with an array of premium furniture pieces on display that seamlessly blended artistry and functionality. Guests were treated to interactive displays, product demonstrations, and the opportunity to consult with the founders themselves. This unique interaction allowed them to gain insights into the intricate design philosophy, the sourcing of materials, and the innovative manufacturing processes that set Dē Italia apart in the world of luxury furniture.
Each founder brought a unique vision to the brand. Ar.Suresh Nagala, responsible for design, selection, and material choices, emphasized how every piece at Dē Italia embodied opulence and innovation.Founder Vinay Addagiri, who handles daily operations and marketing, showcased the brand’s commitment to delivering excellence and enduring quality. Founder Manidhar Anumula, in charge of sourcing materials and managing the manufacturing unit, revealed Dē Italia’s innovative spirit and commitment to pushing the boundaries of luxury furniture.
Dē Italia’s grand launch event was a celebration of luxury and design, and the overwhelming response from visitors reaffirmed the brand’s position as a trusted and esteemed name in the industry. The showroom continues to attract interior design enthusiasts and homeowners, inspiring them with the fusion of artistry and functionality in every piece.
Dē Italia isn’t just a name; it’s a promise of opulence and innovation that is now accessible to all in Jubilee Hills and beyond. As we move forward, the brand’s commitment to excellence and making luxury more accessible remains unwavering. The grand launch of Dē Italia has marked a significant milestone in the world of luxury home interiors, and it’s just the beginning of a remarkable journey.
De Italia is located at 4th Floor, NBK Building, Rd Number 36, Jubilee Hills, Hyderabad, Telangana 500033.
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Mumbai (Maharashtra) [India], November 10: Aspect Group is proud to announce the establishment of Aspect Foundation, its dedicated community engagement arm. Drawing inspiration from the timeless Gandhian philosophy of trusteeship, this visionary initiative is a resounding call to positively impact society. All community outreach programs of Aspect Group will now be seamlessly implemented through Aspect Foundation.
Through Aspect Foundation, we pledge to make the world a better and more equitable place. Our initiatives are centered around addressing critical challenges that society faces, empowering individuals with the skills and knowledge they need to thrive, and building resilient communities that are primed for a brighter and more prosperous tomorrow. As a dedicated community engagement arm, our aim is to positively impact the world by fostering unity, understanding, and inclusivity while actively addressing societal needs.
Aspect Foundation is devoted to nurturing education, advancing healthcare, ensuring access to clean water, championing climate change mitigation, and fostering an inclusive and equitable economy. The breakthroughs we seek on these critical fronts are not just opportunities but imperatives for current and future generations, as we collectively shape a world where boundless progress is the norm. This dedication extends to the Foundation’s commitment to philanthropic endeavours, including providing aid to the underprivileged, contributing to the construction of temples, and other charitable activities. Our dedication to these causes reflects our belief in giving back to the community and fostering an environment of inclusivity and support.
Aspect Foundation is dedicated to creating impactful partnerships to address key issues that resonate with our vision and mission. These partnerships are set to take shape in the near future. We are committed to working with like-minded organizations to develop local programs, expand our influence, and make our mission for a better future a global reality. Together with our partners, we are poised to bring meaningful and sustainable change to communities around the world.
Aspect Foundation’s logo seamlessly extends from the Aspect Group’s logo, carrying forward the core concept of transformation and evolution. The logo’s dynamic and contemporary design is adorned with vibrant colours that symbolize unity, collaboration, and progress. Its typography exudes a modern feel, emphasizing both continuity and growth, underlining our unwavering commitment to our values.
The upward motion within the logo represents our relentless pursuit of continuous progress and our aspiration to reach new heights, continually striving to become a better version of ourselves. The heart within the logo underscores our unwavering pledge to foster unity, collaboration, and an appreciation for cultural diversity, ensuring that every individual feels valued and understood.
The carefully selected colour palette, featuring rich shades of green, symbolizes growth, harmony, and renewal, while blues and reds evoke sentiments of trust, passion, and depth. These colours reflect our dedication to preserving your trust while remaining adaptive to your evolving needs.
With this launch, we reaffirm our commitment to making the world a better and more equitable place. Join hands with us to transform our vision into a reality that will uplift countless lives.
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New Delhi (India), November 10: Mumbai’s Sagar Joshi has emerged as a visionary figure in the field of alternative healthcare in India. Our nation is thriving in this modern era, which has made our lives more convenient, faster, and smarter. However, it has often led us to lose sight of what is truly essential for a happy and well-balanced life. Technology has become an inseparable part of our daily routines, but it has also introduced challenges that impact our health and well-being on a national level. In this fast-paced digital age, where our lives move with a simple click, we have lost our connection with the natural world. Unhealthy dietary habits, sedentary office lifestyles, and overexposure to pollutants have given rise to long-term health problems affecting us all.
Sagar Joshi’s innovative approach to these challenges has set a new standard for healthcare and wellness in India. He is the founder and managing director of e-Biotorium Network Private Limited, a leading manufacturer and exporter of biomagnetic products. In his products, Sagar Joshi has integrated the natural power of biomagnetism with a technology-driven, scientific approach to health that differs from other methods of alternative therapies. Biomagnetism is a revolutionary method of therapeutic healing that uses the power of biomagnets to offer a gentler, more holistic approach to healthcare, focusing on treating the root causes of ailments rather than merely addressing symptoms. He has developed a range of biomagnetic products that encourage individuals to take an active role in their own health, promoting self-care and healing by fostering a deeper connection with their own bodies. It is a well-rounded approach to health that nurtures the emotional, mental, and spiritual dimensions of our lives, while also helping us recover our health and prevent diseases that plague modern society.
Today, Sagar Joshi’s inventions and awareness-raising efforts have brought the healing power of biomagnetism into the spotlight, offering millions of Indians across every state and district the opportunity to enhance their lives and well-being. As a pioneering inventor, Mr. Joshi has successfully harnessed the potential of biomagnetism, a practice rooted in therapeutic healing, and adapted it to the digital age, saving countless lives today. This fusion of age-old science and cutting-edge technology marks a significant shift in how health and well-being are perceived and managed, a remarkable journey that Sagar Joshi has embarked on with a passionate commitment to saving and improving lives.
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Ahmedabad (Gujarat) [India], November 9: Asian Granito India Limited (AGL), one of the largest Luxury Surfaces and Bathware Solutions brands in the country has reported improved operational and financial performance in Q2FY24. Consolidated Net sales of the company reported growth of 1% to Rs. 401 crore in Q2FY24 as against net sales of Rs. 398 crore in Q2FY23. Consolidated net loss for the second quarter of FY23-24 narrowed to Rs. 2.8 crore as compared to the net loss of Rs. 7.8 crore in Q2 FY23. EBITDA for the Q2FY24 was reported at Rs. 19.9 crore. Exports for the Q2FY24 at Rs. 51 crores. The Company has recently completed its mega expansion at Morbi and subsequently commenced commercial operations of the Glazed Vitrified Tiles Plant and Sanitaryware plant.
Financial Highlights (Consolidated)
Commenting on the results and performance, Mr. Kamlesh Patel, Chairman and Managing Director said, “Despite high input costs i.e gas prices, raw material prices impacting the business and margins, company has reported good set of numbers for Q2 and H1 FY24. The company has successfully advanced along its growth roadmap, and we are optimistic about experiencing improved growth during the second half of FY24.
We are delighted to share that company has completed the expansion of GVT and Sanitaryware plant at Morbi and plants have commenced commercial operation. Also the proposed demerger of AGL and its subsidiaries/outsourcing companies aimed at operational synergies is progressing as schedule. With a vision to expand global footprints, company has incorporated a joint venture company namely Nepovit Ceramic Private Limited to set up wall tiles manufacturing unit in Nepal. Company has embarked on a journey of enhanced strategic integration programme (ESIP) to achieve a long-term vision of achieving a total revenue of Rs. 6,000 Crores.”
Financial Highlights (Standalone)
During H1FY24, Future Ceramic Private Limited – a wholly owned subsidiary of Asian Granito India Ltd commenced commercial operation of glazed vitrified tiles (GVT) plant at Morbi. Company has invested over Rs. 173 crore for setting up the new manufacturing facility with an installed capacity of 5.94 million sq. mtrs. per annum. Company to manufacture large format GVT tiles in 1200×1200 mm, 1200×1800 mm, 1200×2400 mm, 800×1600 mm and 800×2400 mm formats.
On 1st October 2023, AGL Sanitaryware Pvt Ltd – a wholly owned subsidiary of Asian Granito India Ltd too commence commercial operations of the sanitaryware plant at Morbi. Company has set up in-house manufacturing unit of Sanitaryware products with an installed capacity of 0.66 million pieces per annum. With an aim to provide complete building materials solutions under one roof, Asian Granito India Ltd ventured into Sanitaryware. The company is also setting up a Display Centre cum Office at Ahmedabad and setting up of stock point for trading of building construction material.
On August 12, 2023, the board of Asian Granito India Ltd approved the demerger scheme for AGL and its subsidiaries/outsourcing companies namely Affil Vitrified Private Ltd, Ivanta Ceramics Industries Private Limited, Crystal Ceramic Industries Limited, Adicon Ceramica Tiles Private Limited and Amazoone Ceramics Limited. In the proposed scheme of demerger, manufacturing units of subsidiaries/outsourcing companies are transferred to separate subsidiaries of the Company to focus on operational synergies and consequent cost synergies. The deal is expected to be concluded over the next 9-12 months, subject to receipt of the necessary approval/consents from the concerned regulatory authorities and completion of certain conditions precedent therein.
Established in the year 2000, Asian Granito India Ltd manufactures and markets a wide range of Tiles, Engineered Marble and Quartz, Sanitaryware and Faucets. Company has recently unveiled a Signature Series in the Quartz segment powered by Robotech Technology. It is a Hi-Tech technology collection in the premium segment by AGL. On October 10, 2023, company incorporated a joint venture company namely Nepovit Ceramic Private Limited to set up wall tiles manufacturing unit in Nepal.
Highlights: – H1FY24 Results
For the six months ended September 2023 (H1FY24), company reported Net sales of Rs.735.7 crore with Y-o-Y growth of 4% as against net sales of Rs. 707.8 crore reported in H1FY23. EBITDA for the H1FY24 ended September 2023 was reported at Rs.29.6 crore as compared to Rs. 4.5 crore in H1FY23 registering growth of 558%.
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 4th 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 6,500 plus touchpoints and 2,700 plus 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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