Tag: Business

  • Shankara Ventures Into Retail In India Flagship Store at Delhi’s Select Citywalk Mall

    Shankara Ventures Into Retail In India Flagship Store at Delhi’s Select Citywalk Mall

    Store in Delhi’s Select Citywalk Mall

    November 11, 2022: Shankara is a global luxury skincare brand infusing the Ayurvedic wisdom of the East with the knowledge of actives and modern processes of the West with a presence in over 30 countries including the USA & Europe.

    Since its inception in 2001, as a pioneer in this space, Shankara has been producing 100% Natural and result-oriented products. By sourcing only the finest ingredients and developing all products in a meditative environment, Shankara is dedicated to enhancing one’s life on every level. Seeing immense growth in the International Markets, Shankara now ventures into retail in India. The store at Delhi’s Select Citywalk Mall is a beautiful blend of contemporary design & traditional roots.

    Says Astha Katpitia, Head- Shankara India, “A step into the Shankara store creates a space where you can find a perfect blend of modernism & traditionalism. Our carefully crafted products are result-oriented blends using the treasure of knowledge in Ayurveda and modern scientific research on high-quality active ingredients. We are sure that customers will be very interested to see our products and get a first-hand feel of them as we move to a touch-and-feel experience with consultations from being primarily in the digital space.”

    Shankara’s range of products include the award-winning Kumkumadi Oil, Gemstone roller Lip Oils, Moisturizers, Anti-oxidant serums, Body Scrubs to name a few. The products have the finest globally sourced ingredients like Aspen bark, olive-derived squalane, Devil’s Claw, Chamomile, etc.

    The beauty experts at the store will take you through a skincare consultation to identify your skin type and needs. Personalized product recommendations based on skin type will be available. Shankara donates its net profits to support humanitarian efforts around the world – Girl Child Education, River Rejuvenation, Afforestation, and more.

    Store Address: Select Citywalk, G62, Ground Floor, Saket District Centre, Saket, New Delhi – 110017

    Store Contact Number: 011-44783668

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  • LIBERTY announced its Q2 and H1 ended 30th September, 2022 Unaudited Financial Results

    LIBERTY announced its Q2 and H1 ended 30th September, 2022 Unaudited Financial Results

    Anupam Bansal, Director, Retail, Liberty Shoes 

    Q2/H1 FY 23 Revenue at Rs. 16,851/32,973 Lakh- Y-o-Y up by 51%/57%

    Q2/H1 FY 23 EBIDTA at Rs. 1,360/2,681 Lakh- Y-o-Y up by 136%/192%

    Q2/H1 FY 23 PAT at Rs. 587/1,135 Lakh- Y-o-Y up by 5649%/458%

    (Rs. in Lakh except EPS)

    Particulars Q2    

    (2022-23)

    Q2     (2021-22) Y-o-Y Growth/

    (Decline)

    H1

     (2022-23)

    H1

     (2021-22)

    Y-o-Y Growth/ (Decline)
    Revenue from Operations 16,850.84 11,103.60 51% 32,972.94 20,934.87 57%
    EBIDTA* 1,360.28 575.63 136% 2681.82 918.83 192%
    EBIDTA* Margins (%) 8.07% 5.18% 289bps 8.13% 4.38% 375bps
    PBT 804.52 (10.59) 7697% 1,559.99 (317.07) 592%
    PBT Margins (%) 4.77% (0.09%) 489bps 4.73% (1.51%) 368bps
    PAT 587.60 (10.59) 5649% 1,134.94 (317.07) 458%
    PAT Margins (%) 3.48% (0.09%) 357bps 3.44% (1.51%) 495bps
    EPS (Not Annualised) 3.45 (0.95) 5649% 6.66 (1.86) 458%

    *EBIDTA has been mentioned ignoring the implication of accounting treatment of Operating Lease of the Company in accordance with newly implemented Ind AS-116 w.e.f 1st April, 2019. 

    Gurugram (India), November 11: LIBERTY, today announced its Unaudited Results of Q2 and H1 ended 30th September, 2022. 

    Highlights for Q2 FY 2022-23 

    • The Company has recorded Revenue from Operations during Q2 2022-23 with increase of 51% Y-o-Y at Rs. 16,850.84 Lakh as compared to Rs 11,103.60 Lakh in Q2 2021-22. The Company has seen continued demand through online and offline stores for its products besides witnessing higher export sales during the period.
    • EBIDTA has improved at Rs. 1360.28 Lakh during Q2 2022-23 as compared to Rs. 575.63 Lakh during Q2 2021-22. The EBIDTA margins have shown sharp improvements during this quarter at 8.07% as against 5.18% during corresponding quarter of last year. The increase in EBITDA in particular quarter is mainly on account of increase in sales with better mix yielding higher ASP and non-increase of cost of inputs as well other fixed expenses in proportionate manner.
    • PAT of the Company has been recorded at Rs. 587.60 Lakh during this quarter as compared to Loss of Rs. 10.59 Lakh during corresponding quarter of last year. For the period under consideration, the Company has created the provision for Income Tax for ₹ 216.92 Lakhs. 

    Highlights for H1 FY 2022-23

    • The Company has recorded Revenue from Operations during H1 2022-23 with increase of 57% Y-o-Y at Rs. 32,972.94 Lakh as compared to Rs 20,934.87 Lakh in H1 2021-22.
    • EBIDTA has improved at Rs. 2,681.82 Lakh during Q2 2022-23 as compared to Rs. 918.83 Lakh during H1 2021-22. The EBIDTA margins have shown improvements during this half year period at 8.13% as against 4.38% during corresponding H1 of last year. The increase in EBITDA in particular quarter is mainly on account of increase in sales with better mix yielding higher ASP and non-increase of cost of inputs as well other fixed expenses in proportionate manner.
    • PAT of the Company has been recorded at Rs. 1,134.94 Lakh during this H1 as compared to Loss of Rs. 317.07 Lakh during corresponding H1 of last year. For the period under consideration, the Company has created the provision for Income Tax for ₹ 425.05. 

    Commenting on the development in the Footwear Sector, the Company’s Management said:

    • The footwear sector is undergoing a transformative phase wherein addition to design and comfort features on aspects related to functionality are also gaining prominence in the mind of the consumer.
    • With the focus of Government on manufacturing sector, the future potential of the footwear industry is promising, particularly for established and organized brands. The PLI scheme to be announced from Government for footwear sector also will open up new avenues of enlarging manufacturing base in India to compete with China. The on – going changes in lifestyle and purchase habits have influenced the footwear industry as well.
    • Rising discretionary income, improvement in living standards, increased brand consciousness, growing work force has resulted in shift from the unorganized sector to the organized sector market in India. The demand for high fashion products is pushing revenues, higher trade volumes and increased employment avenues.
    • The Company has been re-enforcing and supporting its e-commerce platform with investment in building an online presence in the market and the investment has started giving results as evident from the confidence and trust reposed by the consumers wherein the Company’s online Sales for all brands including Safety shoes and newly launched perfume have been showing upward trend in contribution to total Sales of the Company during the period under consideration.
    •  The other Channel in the form of Franchisees, Distributor and Company Owned Retail Stores is also witnessing growth and Liberty is committed to increase its Sales presence with expansion program to keep growth trajectory.
    • The Company has strength of its manufacturing of safety shoes whereby its grabs major institutional orders from the government and also big private sectors. The Company has focus on neighboring country for this product to increase its export.
    • The Company’s management is committed to leverage its infrastructure by increasing manufacturing and corresponding sales to beat the Pre- Covid numbers in terms of Revenue & profitability. The performance of current financial year till now has shown improvement at all front including profits and the Company is hopeful to continue with this trends.
    • Liberty has been known for its innovative introduction in the domestic market. PU sole shoes and the EVA technology were runway successes in India. Our safety shoe brand WARRIOR is brand leader in the segment because of its technological advancement. The new focus at Liberty is to prioritize the sales of the brands owned by the company. These are Leap7x, Healers, Aha & Lucy & Luke.
    • The Leap 7x range, newly launched brand of the Company, has a youthful style and will give the consumer the confidence to wear the footwear from AM to PM. Style icons Ayushman Khurana and Rakul Preet Singh have been roped in as brand ambassadors for a fresh new campaign- “Sitare Aise Hi Nahi Bante Mehnat Karni Padti Hai AM to PM”- targeted to young boys and girls aged 20+. The 360* media plan has a focus on the tier 2 towns of the country and are peaking up during the festive/wedding season.
    • The latest range of Healers have the in-built technology of  H1 that enhances blood flow, reduces stress and improves sleep patterns and the HA technology comes with acupressure insole designed to provide relaxing and stress relieving effect to the foot by massaging critical pressure points.
    • The focus is shifted to the Company owned brands which would improve Operating profit/margin of the Company and in turn it would enhance value of the Company in the larger interest of the stakeholders.
    • The Company has paid an interim dividend of 25% i.e Rs. 2.50/- per Share to all its stakeholder in October 2022 for the FY 2022-23
    • The Company is optimizing its fixed overheads with planning to have increased revenue/volume without investment in capacity. The cost reduction program at all level, quality control, check on wastages, improved efficiency in production process, enhanced inventory turn/ratio with timely collection of debts and better terms for purchases/payments implemented  collectively by the management will pave the way of substance of growth and continue with the momentum of increased operating margin/profits. 

    For more information, please contact: Liberty Shoes Ltd. CIN: L19201HR1986PLC033185

     Munish Kakra CFO & Company Secretary munish@libertyshoes.com

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  • Changing Landscape of Careers in the Automotive Industry

    Changing Landscape of Careers in the Automotive Industry

    November 11: For every 60 Million vehicles produced, 9 Million people were employed The automotive industry is a major industrial and economic force around the world.

    The total automobiles sold around the world between 2005 and 2021 has been shown below :

    Even with the observable effect of the Covid-19 pandemic, the automotive industry did face a tremendous dip but it also did well in properly adjusting its course. The very nature of the industry (innovation driven) allowed nations to shift their focus towards better energy sources during the global “shutdown”. Thus, giving rise to new sectors and demand.

    Employment opportunities in the Automotive Industry

    The automotive industry has always been a driving force for constant innovations in every involved sector so as to cater to the rising demand around the globe. This requires constant funding, R&D (Research & Development) and skill upgradation of the workforce.

    In the current industry scenario, in-house training is provided by experienced associates in collaboration with vocational education and training institutes. According to the Research Unit for Political Economy (R.U.P.E.), the combined employment in the automobile and auto ancillary units industries reached 1.4 million in India. India’s annual production of automobiles in FY22 was 22.93 million vehicles.

    In the European Union, 13.8 Million people were employed directly or indirectly by the automotive sector out of which 2.6 Million were under direct employment by manufacturers of motor vehicles.

    India recorded 5.2 million employments in automotive production, sales and services combined.

    The automotive industry not only faced the COVID-19 pandemic’s problem but also the global microchip shortage problem and emerged with better plans for innovation.

    Disbanding the traditional way of better microchips for better functionality, manufacturers made use of available microchips (varying performance capacities) and created new, better softwares for the consumers to use in their vehicles.

    Trends and Careers in the Automotive Industry

    With rapid technological developments across other engineering sectors happening around the globe, the Automotive Industry has entered an era of public demand for a connected, renewable energy operated, smart vehicle. In-house software development and training is now an extremely important program for the entirety of the automobile sector. Major corporations are recruiting skilled software developers, ethical hackers and IT experts to create their own individual Operating Systems with high security standards for their vehicles. Global Digitisation has allowed the automobile industry to hire social media executives/ influencers to manage their content on various platforms creating more than before, varied and strategic employment across multiple sectors. The trend of the future in the Automotive Industry currently follows the EASCY rule:

    • Electrified – emission free mobility, chargeable from renewable sources, low carbon imprint,
    • Autonomous – self driving vehicles, use of advanced Artificial Intelligence (A.I.), reduces human error,
    • Shared – managed fleets of shared vehicles, low mobility cost, best for public transportation,
    • Connected – vehicles connected to the internet, data streaming capabilities,
    • Yearly updates – annual software updates, security checks, debugging tendencies.

    Hardware capabilities also continue to expand for the automotive sector with domains like electrification; body design, infotainment etc. are also as lucrative as software for a solid career in this industry.

    With demand and research in autonomous driving moving forward, huge scopes in the domains of mechatronics, automation, computer vision and A.I. can be predicted for the future.

    Some of the current highly sought after roles for engineering professionals in this industry are :

    Data Science

    Deals with data analytics and is in high demand as the main purpose of this role is to analyze all sorts of input and output data to improve production cycle, reduce production cost and optimize the A.I. workload. Some of these job roles include Telemetry Software Engineers, Data Scientists, Deep Learning Performance Engineers, A.I. Inference Software Engineers.

    Research

    Deals with the ever changing customer demands and needs. Data Annotation Engineers and Machine Learning Scientists work with camera data sets to train the neural network of the A.I. for better computer vision capabilities. Business Intelligence Administrators come into play for their critical decision making capabilities for the business side of the automotive industry.

    Design

    Mechanical Design Engineers design and build prototypes of the vehicle’s overall structure in tandem with Sensor Hardware Designers who work with the interior & exterior sensory units of the vehicle. Battery Process Engineers are responsible for the design, testing and optimization of battery cells for power.

    Production

    Control Engineers are responsible for the automation of repetitive tasks to save production time. Sensor Integration Engineers modify and connect the various sensors with the vehicle for different intended purposes. A Plant Operations Analyst is responsible for CMMS maintenance, routine & shutdown planning, scheduling and tracking of the sequential progress during execution.

    Quality Control

    Embedded Systems Engineers design and implement firmware validation procedures for equipment & automation. Quality Engineers deal with the creation of a company’s quality standards and testing systems to reflect efficiency, reliability and performance.

    How GOKEN helps in career transformation in the Automotive Industry

    We, at GOKEN, take pride in hiring entrepreneurial individuals who are motivated by challenging work and continue to invest in them through ongoing development initiatives. We provide initial training in our technical center for all associates, engage professional organizations for continued professional development and are committed to creating career growth opportunities for associates.

    Goken training classes are skills-focused, results driven and customizable, with an intent to eliminate months of on-the-job training. Whether onboarding new talent, upskilling existing associates, or setting up an associate development program, our method is the quickest path to a productive and effective workforce.

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  • Dr. Vivek Bindra is coming to Mumbai for His Bounce Back Event: Great prospect for corporates, SMEs, MSMEs, Students and Businessmen

    Dr. Vivek Bindra is coming to Mumbai for His Bounce Back Event: Great prospect for corporates, SMEs, MSMEs, Students and Businessmen

    November 11: Good news for all the corporate entrepreneurs, solopreneurs, students and many budding wantrepreneurs! Grab the chance to get mentored by one of the world’s leading Business Coach and International Motivational Speaker, who holds ten Guinness World Records for the largest webinars on diverse topics- Dr Vivek Bindra. The power-packed & popular business seminar- Bounce Back event will be held at Asia’s biggest Shanmukhananda Auditorium, Mumbai, on 20th November 2022, from 11 am to 3 pm.

    The highly sought-after event will take place under the guidance of renowned leadership consultant, corporate trainer & inspirational business coach Dr Vivek Bindra, the founder and CEO of Bada Business. The expert will be seen providing unparallel business strategies & solutions to all your burning problems along with training and inspiring ambitious business professionals.

    According to the event management company, the upcoming event has already created a big buzz among the businessmen, marketing professionals and students in Mumbai and nearby regions. People, especially the people who want to grow their businesses, are looking forward to this unmissable grand opportunity that holds the capacity to transform and push their business careers on the success track and growth. Hearing the most influential voice and learning tips and business skills from a trusted coach in person can give them manifold paybacks like helping them to know how to start a new business, how to grow their business, how to attract new clients, how to manage their employees etc.

    Awarded with Honorary PhD. Degree, Doctor of Philosophy, Dr Vivek, who has guided more than 1500+ corporate houses and entrepreneurs, trains and motivates his program attendees in such a way that it not only helps them to build a high-performance business culture in their organisation but also to design an effective business model that will leverage people, process and technology in their best combination.

    The popularity of Dr Vivek Bindra’s expertise can be estimated by his social media platform followers, which run about 32 million and who belong to more than 138 nations. His YouTube channel is the World’s Most Subscribed Entrepreneurship YouTube Channel with more than 20 Million Subscribers. The ace Business Coach’s Facebook page is the fastest-growing entrepreneurship community with massive reach. His videos have got over 5.76 billion views across platforms. The learned man has penned around ten high-power motivational books.

    The tickets to the Bounce Back event in Mumbai, addressed by Dr Bindra, have been selling out fast. Two Categories like Royal Diamond and Platinum have been already sold out.

    Potential participants can book their seats for Diamond and Gold Category.

    For a colossal promotion, the event has been advertised on multiple online and offline media platforms.

    For more details on ticket/seat-related queries, one may visit the-.

    Ticket Booking Link –https://bit.ly/3gJKc5o

    Ticket Details -https://bit.ly/3FbeRmn

    Bounce Back video :- https://youtu.be/Pz1P8z0ckNM

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  • Startup Story: Techspian Journey from Dreamers to the Times Achievers

    Startup Story: Techspian Journey from Dreamers to the Times Achievers

    November 11: Techspian began its journey in June 2020 with 8 team members working passionately with the growth vision. Within a month of incorporation, they bagged their first project in the travel domain. In two years, Techspian grew to a team of more than 150 members of technologists and product champions that help many businesses in their technology transformation.

    The founding team dreamt of creating a learning organization. However, the virtual ecosystem brought many challenges to the table. Techspian set to re-invent the entire learning path at the organization. It required building capabilities and redesigning the learning path with technology at its core, since finding and retaining the talent was tough initially. However, the core team shaped the talent strategy by:

    • Developing a learning culture – by hiring the curious people
    • Identifying the talent gaps – by building the skill matrix
    • Upskilling the workforce – by initiating Learning Bytes (L&D program)

    Our USP is our TEAMthat is always ready to challenge the status quo and ensure we provide meaningful solutions to business problems.Our strategy –Learn, Evolve, and Scalegives us the confidence to deliver the business value.” – Sameer Lodha (CEO – Techspian)

    The company caters to more than 15 clients (as of Oct 2022) with globally disbursed teams. With customer segmentation in the US, Canada, Europe, and MENA regions.

    It saw a revenue increase of 600% in the last two years. Set the record for rapid hiring done during the pandemic. With a year-on-year growth of 160%, the team moved into a new office to accommodate the strength of 100+ employees working in a hybrid workplace. Under the leadership of Sameer Lodha (CEO & Co-founder) and Amol Raut (CIO & Co-founder), the company bagged multiple long-term contracts worth millions of dollars.

    The employee strength grew into a community of tech lovers building a diverse culture that is bound to see only growth ahead.

    Techspian works with small to enterprise-level companies with four Centers of Excellence:

    1. Platform Engineering
    2. Mobility
    3. Al & ML
    4. Cloud Services

    All-in-all, the focus is on niche technology needs of the modern world like cloud, data science, and automation.

    Moreover, it has proven expertise in providing mobile app development services. For instance, one of its travel domain clients was looking for a quick solution to develop a mobile application for the iOS and Android platforms. They used the hybrid mobile development framework – Apache Cordova. It empowered them to write code once, then efficiently run it on multiple platforms. This decision enabled the swift delivery of the project without compromising the quality. The app helps users to book business travel with ease.

    Currently, their mobility team is working on an eCommerce platform for fruits and vegetables. The solution aims to help farmers deliver fresh produce from the farm to consumers within a day.

    Three reasons that set them the grounds for success and unprecedented opportunities:

    • A team of exceptional individuals with varied development experience
    • Sticking to the project timelines
    • Cost-effective in terms of other service providers in the market

    Beyond their skills and results, the most significant way Techspian sets its brand apart is by creating a seamless, one-of-a-kind experience that gets people talking, builds trust, and creates loyal customers. Website – techspian.com

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  • LANXESS India wins the Digitech Front Runner of the year FICCI Award 2022

    LANXESS India wins the Digitech Front Runner of the year FICCI Award 2022

    Mumbai, November 11: LANXESS India has won the FICCI Chemicals & Petrochemicals Award 2022 for ‘Digitech Front Runner of the year’ category in chemical sector. Shri Bhagwanth Khuba, Union Minister of State for Chemicals and Fertilizers, Government of India presented the coveted award in the presence of senior officials from the department of Chemicals and Petrochemicals and other stakeholders of the sector.

    Balaram Khot, Additional Director & Head of PTSE and Bharat Meesala, Senior Manager, PTSE – Occupational Safety, Xact, Responsible Care and Trade Compliance received the Digitech Front Runner of the year award on behalf of LANXESS India at an event held in New Delhi on 2nd November 2022.

    The award recognizes the organization’s efforts towards digitalization of business processes, its digital capabilities and digital tools/resources used in the areas of process improvement, asset reliability, safety, sustainability and cost saving through implementation across the value chain.

    Federation of Indian Chambers of Commerce and Industry (FICCI) organizes Chemical & Petrochemical Awards ceremony biannually as a part of the India Chem series of events to felicitate companies for their contribution in the development of chemical and petrochemical industry.

    Commenting on the success, Namitesh Roy Choudhury, Vice Chairman and Managing Director, LANXESS India said, “We are honoured to receive this prestigious award. Through digital transformation, we aim to provide added value to our customers, employees and other stakeholders. New technologies and a digital way of thinking make activities easier and help in further improving productivity, connectivity and overall performance of the organization.”

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  • Star Impex Beverages announces the launch of CANCRO

    Star Impex Beverages announces the launch of CANCRO

    India’s first and only Deuterium depleted drink

    Mumbai, 11th November 2022: Star Impex Beverages, a globally known, homegrown brand with a legacy of 35 years, launches CANCRO, a revolutionary product in the field of medical therapy. CANCRO is the only Deuterium Depleted Drink in India,  2nd in Asia and perhaps one of the six brands worldwide to enter the depleted drink segment.

    Over the years, medical research has shown that decreasing the level of Deuterium in the tissues and organs is a natural biological process. However, the body’s ability to deplete Deuterium decreases as we get older, sick, and get less exercise or sunlight. The water we typically consume has a higher Deuterium level of 165 ppm, whereas CANCRO water has depleted Deuterium levels below 125 ppm. A lower Deuterium level helps improves immunity, prevents disease, improves mental health, helps treat diabetes, heart disease, thalassemia and cancer, increases energy levels and enhances Athletic performance & injury recovery.

    With this in mind, Arsh Mehta conceptualised the brand in 2018 as he noticed a gap and an opportunity in the Beverage space compared to other international brands. His assessment at the time was that no particular Deuterium Depleted water brand was available in the Indian market had practical health benefits and quality, which set him on a journey to introduce India’s first and only Deuterium-depleted drink – a bottle of water with a positive impact on one’s health.

    The brand’s main objective is to provide health benefits for its consumers, and they’ve introduced the product with proper R&D before its launch. 

    Arsh Mehta commented on the launch,” We wanted to create something sustainable for everyday use and contribute to the betterment of the world. So we’ve made CANCRO in 100% recyclable food-grade PET bottles of good quality that encourage recycling. We’ve also made the pricing much more affordable than the other brands available in the international market. Our main aim at CANCRO is to help prevent and treat tumorous diseases, slow down skin ageing processes, and treat other skin issues, for example, psoriasis. The most important part is, consuming Deuterium-depleted drinks helps increase the expected survival time of cancer Patients.” 

    Along with the R&D department, they’ve incorporated Curcumin extracts & Iodine extracts into the water which provides great health benefits.

    CANCRO is available for in a pack of 2 for INR 360 and a pack of 6 for INR 999 on their website, http://www.cancrodrink.com/.

    In addition to this you can also purchase the product from platforms Amazon, Flipkart, and Jio Mart, and more.

    For more information:
    Instagram : https://www.instagram.com/CANCRO_drink/

    FaceBook: https://www.facebook.com/cancroddd

    Twitter: https://twitter.com/Cancro_Drink

    Website :       http://www.cancrodrink.com/    http://www.starimpexbeverage.com/

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  • Vintage Coffee and Bevarages bags ₹21 crore export orders

    Vintage Coffee and Bevarages bags ₹21 crore export orders

    New Delhi (India), November 2022: BSE Listed (BSE: 538920) Vintage Coffee and Beverages Ltd  has informed the Exchange that it bagged orders worth ₹21 crore to export instant coffee to Russia and other CIS countries.

    The new orders will boost the order book position to ₹61 crore and help the company leverage its position in the fast-growing instant coffee market, managing director Balakrishna Tati said.Other group companies of Vintage Coffee and Beverages are in an advanced stage of finalisation of orders with European and West African customers for supply of consumer packs, the company said in a press communique.

    Vintage Coffee and Beverages is a holding company of Vintage Coffee, a 100% export oriented unit incorporated in 2015 in Hyderabad. Its instant coffee plant in Mahbubnagar district, on 23 acres, was commissioned in 12 months. The 1.50 lakh sq.ft. factory is equipped with the latest technology to manufacture both spray dried and agglomerated instant coffee, the company said.

    The company has a State of the art technology to produce high quality of coffee.

    Vintage said, in association with group companies, it is keen on launching coffee products in soluble, roast and ground forms. The move is being considered in the backdrop of coffee consumption in India increasing post pandemic and the younger generation being more inclined towards coffee.

    Meanwhlile, net profit of Vintage Coffee & Beverages rose 3000% to Rs 0.31 cr.in the quarter ended September 2022 and Sales rose 3283% to Rs 9.88 crore in the quarter ended September 2022.

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  • A first of its kind festival AGIF’22 to celebrate and recognize the animation talent with the motto “Animation For Everyone”

    A first of its kind festival AGIF’22 to celebrate and recognize the animation talent with the motto “Animation For Everyone”

    70+ animation films from across the globe competing for awards and two special international film packages. Special film package screenings from Best of O!PLA Poland and Best of Annecy 2022. Live sessions with E. Suresh, Vaibhav Kumaresh, Pierre Sylvain Gires, the biggest names in the Indian Animation and Gaming scene and so much more. Partnering with recognised Institutes, bringing the best minds in animation education to discuss the roadmap of the future of design and animation.

    Mumbai (India), November 11: The Animators’ Guild of India brings to you the very 1st edition of its homegrown animation film festival that goes beyond the shores, presented by Solitaire. The AGIF looks to celebrate the diverse voices in the field of animation, recognize talent and grow awareness. Solitaire is India’s fastest-growing real estate brand. Known as progressive, innovative and transparent, backed by a legacy of over 40 years and many accolades to their name.

    Get ready to witness #MadnessInMotion. Animation film screenings, live-wire panel discussions, exciting hands on workshops, live music and an all-day open pop-up bazaar, food truck, kids zone, VR Games, the festival packs in something for everyone. Dive into two packed days in the heart of the media capital, Mumbai.

    Strap on your seatbelts and get ready for an animated ride! With 70+ animated films from 7 competition categories, a special animation film package from Poland and Annecy, in-depth discussions with some of the celebrated Indian animation film directors, the festival brings you the best Indian and international animation talent. Discover music videos, short films, animated promotions and much more!

    Witness the first international premiere of the short film Hardboiled by stop motion legend and director Peter Sluszka of Studio Hornet, New York. Peter Sluszka is an award-winning multi-media director with strong roots in stop motion and over 20 years of perfecting his craft. Hardboiled is his labour of love.

    Go behind the scenes with veterans E Suresh, founder and head Studio Eeksaurus and Vaibhav Kumaresh of Vaibhav Studios as they share their newest projects. Kandittund, an independent short produced at Studio Eeksaurus, is an animated tribute to the quirks and charisma of regional stories and the storytellers and is already a headliner at many festivals. Journey within the mind of award winning director, producer Vaibhav Kumaresh on his upcoming feature film “Welcome to the Jungle”.

    Step into the world of gaming with Pierre Slyvian-Gires, Senior Producer, Ubisoft (Paris, Pune). Founded in 1986, Ubisoft is one of the World’s leading game design companies with over 21,000 global employees. With over 12 years of experience in management, video creation, shooting, motion design, 2D/3D animation, compositing – Pierre manages a team of over 100 in-house talents and external collaborators and brings a wealth of knowledge from the game building universe.

    An artist, a YouTuber, Instagrammer and TV personality, host of the popular show M.A.D (Pogo, Cartoon Network, SEA), Mad Stuff with Rob and now a social media star with more than 4 Million followers across, join Art Guy Rob on his journey with #Artfluence.

    Hear from the sharpest, brightest, and biggest names in the field as they unpack the future of the industry and animation education in India. Discuss the development of original content: From Script Screen.

    Join Tejas Nair of Vorlds in an immersive talk on how Indian creators utilize an open, accessible, multi-chain Metaverse platform to build for their community and brands. Vorlds is making AGIF22 one of the first few Indian film festivals to be actively present in the metaverse. And if you just want to take a quick break from all the motion onground, walk out into the Pop Up Bazaar and take a relaxing bite at the food stalls. Groove to some live music by upcoming musicians, Ishaan Nigam, Sherise D’Souza and Tushar Sharma (Bunny M) as you enjoy refreshment.

    Come join us for this action packed 2 days of #MadnessinMotion at the AGIF’22 on the 26th and 27th of November at Pioneer Hall, Bandra West, Mumbai!

    What: AGI Film Festival

    When: 26th and 27th November

    Where: Pioneer Hall Bandra West, Mumbai

    How: https://in.bookmyshow.com/activities/animators-guild-india-fest-2022/ET00343198

    www.agifest.com

    The Animators Guild of India is a community of artists, animators, designers and enthusiasts that aims to be a pioneering platform to represent the animation scene in India. They dream of showcasing all the lovely work being done by Indians at home and across the world and create a distinct voice that celebrates Indian Animation.

    Solitaire is the title sponsor of the event. Solitaire is India’s fastest-growing real estate brand. Since its inception, Solitaire has endeavoured to become an inspiring icon of marvellous engineering and devoted leadership. By achieving momentous milestones, the brand has capitulated towards success and has carved a distinctive niche for itself.

    SOME HIGHLIGHTS

    45 Completed Projects

    39 Lakh SFT of Ongoing Commercial Developments

    3,000+ Retails Units being developed

    14,000+ Homes being built in Pune

    3,800 Cr worth Worth of Acquired stressed portfolio in Mumbai & Pune

    460+ Acres of Master Development

    Also, has bagged 4 Prestigious National & International Property Awards by Asia Pacific Property Awards & Realty Plus for its innovative project

    Prateek Sethi is Founder Creative Director at Trip Creative Services, a multi award winning communication design house based out of Mumbai and Pune. An animator, producer, director, designer, an avid aerial cinematographer, ex host of the hit kids science curiosity based show – FAQ on Pogo TV | Cartoon Network SEA, TEDx Speaker and winner of Times 40 Under 40. With over 17 years of experience, always on the lookout for new and exciting ways to engage audiences.

    Rituparna Sarkar is the Founder and Creative Director of VISUAL SARKARSM – a boutique Animation and Visual communication studio, a designer with over 14 years experience in the Media and TV Industry and a published author and illustrator with Penguin India.

    Snigdha Rao is an animation film director, design educator and media professional with over 14 years of experience. The event is managed by Fuljhadi Events.

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  • Vincitore Group founder Saubhagyaa R Swain soon to hit the Bloomberg billionaire Index

    Vincitore Group founder Saubhagyaa R Swain soon to hit the Bloomberg billionaire Index

    November 11: The 31-year-old serial entrepreneur has already established a strong presence in several businesses through different brands.

    Becoming a billionaire is a milestone only a few can achieve. It takes a lot of talent, hard work, dedication, and perseverance to make the dream of becoming a billionaire a reality. For the serial entrepreneur and investor Saubhagyaa R Swain, who is blessed with these abilities and more, the key milestone is just a matter of time.

    Aged just 31, Swain is the founder of Vincitore Group, which has a presence in multiple businesses across the world. He is an entrepreneur, industrialist, investor, and active philanthropist, who has made it big with his skills, knowledge, and passion. The personal net worth of the Indian-origin but London-based Swain is estimated at $105 million.

    Swain achieved success at a young age because of his methodical mindset and his unique skills and prowess to create unbeatable strategies.

    Swain is the founder of the Vincitore Group, which comprises four companies, viz. Vincitore Infra Contracts, Vincitore Steel and Engineering, Vincitore Lifestyle, and Vincitore Aesthetics. This year, his company has launched three customer brands – DDermat for cosmetic ranges, DVoke for unisex apparel and luxury leather items, and DSpace to cater to commercial and domestic interiors.

    Swain has been awarded some of the most prestigious awards and honors including the likes of Startup of the Year Fintech 2022, Creative Entrepreneur of the year 2019, Startup Leader of the year 2018, and many more, worthy recognition of the success he has achieved in no time.

    Besides awards, Swain also has a sizeable following on various social media platforms such as Instagram, Facebook, and LinkedIn. He is a travel enthusiast and also has a keen interest in subjects like Astrophysics, Astronomy, Gemology, and Astrology. He is an avid swimmer and closely follows cricket, basketball, and baseball.

    Swain also believes in giving back to society and supports various philanthropic causes in India and elsewhere. He is also an inspiration for young entrepreneurs worldwide, and has promoted many promising startups and women and helped them establish themselves in their respective fields.

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