Tag: Business

The two-day drive had been organised at MANTRA, and textile commissionerate officials approved eligible claims on the spot.

Surat (Gujarat) [India], June 1: Union minister of state for textiles Darshanaben Jardosh launched a special drive to resolve pending subsidy claims under the Technology Upgradation Fund Scheme (TUFS) in Surat on Monday.

The two-day special drive was organised at Manmade Textiles Research Association (MANTRA). Officials from the Textile Commissionerate looked into the pending subsidy claims of textile units and approved the eligible claims on the spot.

“The special drive aims to resolve the pending subsidy claims made under the TUF scheme. I am confident that the subsidy applicants will make the most of the drive and get their issues addressed,” the minister said at the inauguration of the drive.

She also clarified that the subsidy claims were pending in cases where the industrial unit had not submitted the requisite documents or had not shown interest in the inspection of their units.

Prior to the inauguration, the minister visited the various machinery and equipment available at MANTRA, especially those related to technical textiles, and appreciated the organisation for its contribution to research and development in the textile industry. She urged MANTRA President Rajnikant Bachkaniwala, Vice President Jayvadan Bodawala, and council members to publicise the organisation’s work so that more people could benefit from it. Deputy director-general Ushaben Pol and additional textile commissioner SP Verma accompanied her.

Separately, deputy director-general Ushaben Pol and additional textile commissioner SP Verma visited the Powerloom Service Centre (PSC) in Pandesara, Surat, on Wednesday and interacted with 20 students enrolled in a study course in technical textiles. They spoke about the immense opportunities in the field of technical textiles.

MANTRA’s 2-month course covers all 12 segments of technical textiles and non-woven technology, coating and lamination technology, among others. The course commenced on April 11. The students got the opportunity to visit leading technical textiles manufacturers in Dahej, Vapi, Valsad, Pardi, Kosamba, and elsewhere as a part of industry exposure.

For more information, visit https://mantrasurat.org/

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Mumbai (Maharashtra) [India], June 1: Mumbai-based 1 Finance, a reimagined consumer financial institution, announces the appointment of Sanjay Ghosh as its Principal Consultant – Process Excellence, who will be responsible for digitally enhancing customer experience. Sanjay Ghosh carries a vast experience of 28 years with diverse roles, distinguished by a commendable performance in financial services, education & training, and retail franchising in India and abroad. At 1 Finance, he is in charge of building, reviewing, and reframing sustainable processes for customer-centricity. The experience he has gained in handling customers in the financial services industry has enabled him to empathise with them. This will lead to the creation of optimal experiences for customers at every touchpoint of their journey with the company.

Skilled in managing customer-centric operations, he has provided consultancy services to top BFSI firms of the country in the areas of business process reengineering to optimise operations excellence. He has played a critical role in building projects for companies like JM Financial, Nirmal Bang, MOSL Housing Finance, IndiaNivesh, IDBI, and TradeBulls, among others. During his tenure in Choice Equity Broking, he has been instrumental in reengineering the customer onboarding journey to yield five times the productivity adding 50,000 new client acquisitions a month. As the Senior Vice President at Angel One, heading KYC and Quality Assurance, he contributed to launching one of India’s first digital onboarding journeys way back in the year 2014. During his tenure with Angel One, the company earned the ISO 10002 certification for complaint handling of planning, design, operation, maintenance, and improvement.

Keval Bhanushali, Co-founder & Chief Executive Officer, 1 Finance, stated, “We are pleased to have Sanjay Ghosh on board as a part of the 1 Finance team, where he will focus on optimising process excellence of all the functions at the company. 1 Finance is setting up world-class processes for a digital-first experience to provide the best solutions to our customers. Sanjay Ghosh will play a critical role in the identification and building of these processes, thereby making customers realise their true value in the journey towards personal finance. It is an exciting time for the customer to prioritise financial well-being at par with that of their health. 1 Finance is determined to deliver peace of mind to its customers in their money matters.”

Sanjay Ghosh, Principal Consultant – Process Excellence, 1 Finance, mentioned, “I am happy to be aligned with the values, culture, and vision of 1 Finance, and proud to be a part of young and dynamic management. The core values of the company have excited me to contribute to the mission of financial well-being for crores of Indians. At 1 Finance, we will be building processes that will be thoroughly tested by us representing the customer and then implementing the evaluations with the operations team. My contribution will not remain constrained only to process enhancements, but it will also be to the whole gamut of the business, starting from the customer to employee engagements. The overall objective of my role is to simplify the entire operation for an overall gratifying experience for customers.”

Sanjay Ghosh has a Quality Management System (QMS) Certification and is a Six Sigma Green Belt Certified Professional with a graduation degree from the University of Calcutta. In a world where the customer journey in financial services is now mainly digital-focused, the role of Sanjay Ghosh is significant where speed in delivery is crucial along with enhancing the overall customer experience. 1 Finance is addressing the problem of scattered finances that customers face by providing a single view of the state of their finances. The company is providing solutions that will take the personal finance of individuals to a holistic level, helping customers reach a state of true financial well-being.

1 Finance Private Limited (www.1finance.co.in) is a reimagined consumer financial institution that offers qualified, unbiased, and hyper-personalised advisory on one’s personal finances, including but not limited to assets and liabilities, income, expenses, and insurance.

The Mumbai-based company is backed and mentored by marquee investor Marwadi Chandarana Group, established in the year 1995 and marking its prominence in the higher education sector with Marwadi University, in retail financial services by Marwadi Financial Services, and with algorithmic and high-frequency trading with Marwadi Chandarana Intermediaries Brokers Private Limited (MCIBPL).

1 Finance is the first of its kind ecosystem offering financial planning and advisory solutions to the emerging affluent individuals of India.

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Gurugram (Haryana) [India], June 1: RSPL group, one of the known FMCG conglomerates, has launched a new brand Baker By Chance. The brand strives to provide bakery products to cater to the need of the evolving consumers. The USP of Baker By Chance is that it delivers Bakery products made out of fresh and quality ingredients. Firmly abiding by the philosophy of “Baking Quality with Passion”, the bakery offers a luxurious taste to satiate the carvings with their delectable goodness.

Baker By Chance’s core values revolve around consumer centricity and Integrity to deliver nothing less than the best to the valued consumers. The company firmly believes that planning and execution play a crucial role in developing the final product. Keeping in line with providing the best quality products, it offers quality-driven authentic family recipes that are unique in flavours and taste. The company has plans to make its presence felt more intensively by coming up with multiple retail outlets in Gurugram.

Speaking on occasion, Mrs. Rajni Gyanchandani, Managing Director, said, “We want to cater to the taste buds of customers with our services by adding value to their cravings with our rich and pure products. From ingredients to kitchen operations and guest services, Baker By Chance always ensures that everything is at its best. By maintaining a clean environment for both the consumers and team members, the bakery ensures that only the best authentic recipes are served to the consumers. 

Currently being operational from Gurugram, the company takes orders via digital platforms (from the website, Google, and brand social handles) along with food delivery platforms such as Swiggy and Zomato.

Baker By Chance from the house of RSPL Group is a bakery based out of Gurugram, born out of a sheer passion for baking. Coming with delectable goodness, its bakery products satiate the carvings with the pure products oozing with the taste of luxury.

RSPL Group comes with over three decades of experience in Fast Moving Consumer Goods (FMCG) committed to delivering value for money propositions & credited with several innovations. It is a diversified conglomerate that weaves its business around consumer needs with the help of distinct values and identities.

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New Delhi [India], June 1: India Circular Economy Forum #ICEF2022 by the International Council for the Circular Economy to be held from 2nd-3rd June 2022 at India Habitat Center, New Delhi. The Opening ceremony will be attended by Shri Piyush Goyal Ji, Minister of Textiles, around 9:15- 9:30 am, and Shri Amitabh Kant, CEO Niti Ayog & Kari Herlevi Project Director Circular Economy at SITRA will be the Guest of HONOR.

The 2nd day of the event will be graced through an award ceremony by Mr. Jyotiraditya Madhavrao Scindia, Minister of Civil Aviation and Meenakshi Lekhi, Minister of State for External Affairs and Culture of India. Guest of Honor for day two will be Admiral RK Dhowan PVSM, AVSM, YSM (Retd) Chairman Society for Aerospace Maritime and Defence Studies, Former Chief of the Naval Staff, Indian Navy Chairperson Society for Aerospace Maritime and Defence Studies and Mr. Walter R Stahel Founder-Director The Product-Life Institute Geneva will be Special guest for the event.

India Circular Economy Forum (ICEF2022) will represent an opportunity to identify, showcase, and celebrate circular initiatives in India across different focus sectors. The forum features a futuristic approach for stakeholders to build and scale up a circular economy by providing a platform to share insights, network and learn from other circular economy experts and practitioners.

The event will include a panel discussion on various topics like Plastics and Packaging- A Circular Approach, Circular Economy for Climate and Biodiversity, New plastic Economy, Making transition: An industry perspective, Renewable Energy, Carbon finance, Carbon credits and CCS, Building Foundation – Leading circularity, Importance of waste segregation in Circularity, Unleashing the Entrepreneurial Spirit, Circular Cities – An approach for India, Making Fashion Circular – An industry experience, Fashion and Textile- A closed-loop approach, Systems Thinking and Electronics for the Circular Economy, Automobile – Materiality, Marine litter – How to save Water bodies, Role of EPR in Circularity, ESG for sustainable growth, Driving Actions Towards Circularity through Data analysis and driving Actions Towards Circularity through Data analysis.

Anil Sahasrabudhe, Chairman of AICTE, said India Circular Economy Forum (ICEF2022) has been at the forefront of creating awareness about philosophy and the need for adopting a circular economy in the light of the serious crisis our planet is facing in terms of environmental damage, and climate change. Every citizen has to adopt the true practice of circular economy, not just use, reuse, and recycle but right from the design of environment-friendly products to the product’s end of life so that costs involved are substantially reduced, and life on the planet becomes beautiful.

Shalini Goyal Bhalla, MD, ICCE, said, “India has made significant progress in various fields, including renewable energy, health, sports, shipping, circular Economy and water management. With its international partners, it is working towards identifying deliverables in the priority areas of the energy transition, renewable energy, sustainable urban development, green mobility, circular economy, climate action inter alia on mitigation, climate resilience and adaptation, agroecological transformation, conservation and sustainable use of biodiversity, environment protection & sustainable use of natural resources.”

She further added, “With a rising per capita income, India is witnessing increased manufacturing and changing its consumption patterns. It comes with environmental impacts that must be efficiently managed and mitigated. With only 2% of the world’s landmass but almost 18% of the world population, it is paramount for India to take on harmful linear material flows and shift towards a circular model, which will provide many economic and ecological benefits. It is estimated that a circular economy path adopted by India could bring in annual benefits of 40 lakh crores or approximately US$ 624 billion in 2050. The greenhouse emission would reduce by 44%, along with a significant reduction in congestion and pollution.

The Indian economy has shown strong signs of being resilient during the pandemic. Efforts to make a circular transition can be seen across sectors. A lot of work in the different Ministries and Departments has been happening for quite some time. NITI Aayog developed the Resource Efficiency Strategy in 2017 and Sectoral Strategies in 2019. NITI Aayog is giving high importance to mainstreaming the ‘2030 Agenda for Sustainable Development and achieving Sustainable Developments Goals (SDGs). One of the elements in achieving the SDGs is the transition towards a greater circular economy and resource efficiency.

Dr Sameer Joshi Hon. Treasurer, Indian Plastics Institute, said, “Multiple drivers that can radically change the sectoral value chains and businesses are at play. The top corporates are looking at the sustainability aspect more closely. The new generation of consumers is more conscious of the current environmental challenges and the deliberations around these issues. ICEF will be the biggest event for the Circular Economy in India in 2022, where the best of minds come together to deliberate and lays the path for CE for India and beyond. My congratulations and best wishes to all.”

Ashish Sachdeva, Founder President of Green Dream Foundation, said, “Lack of source segregation and due to “selective recycling” our Economy continues to be linear heavy. I am looking forward to leveraging the platform of the India Circular Economy Forum (ICEF2022) to bring forward the challenges and opportunities with all stakeholders and eventually foster partnerships for driving a Circular Economy.”

International Council for Circular Economy (ICCE) was incorporated in July 2020 under Section 8 of the Companies Act, 2013. The council is a member of the Ellen Mac Arthur Foundation community and aims to become the leading Indian council for Circular practices. ICCE has a presence across 92 cities and 32 countries through its collaborations. As India’s largest organization and a powerhouse in circularity, ICCE offers an elegant bouquet of products and services.

The core ideas of the Circular Economy are the elimination of waste by respect for the social, economic, and natural environment, design, and resource-conscious business conduct. Built on the backbone of these principles, the circular Economy has demonstrated to deliver tangible benefits and viability to address the economic, environmental, and social challenges of our days. Sustainability and circular economy (CE) are growing interest for governments, investors, companies, and civil society. Sustainability envisions a balanced integration of economic performance, social inclusiveness, and environmental resilience to benefit current and future generations.

A circular economy is an industrial system that is restorative or regenerative by intention and design. It replaces the end-of-life concept with restoration, shifts towards the use of renewable energy, eliminates the use of toxic chemicals, which impair reuse and return to the biosphere, and aims for the elimination of waste through the superior design of materials, products, systems and business models.

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Hyderabad (Telangana) [India], June 1: An interesting set of verses catches people’s attention at the first read. This May, StoryMirror’s prestigious platform has introduced an interesting composition of poems entitled ‘Pearls Of The Morning Dew’. The anthology of verses carved by renowned author Shri K.E.Sunder has become the center of attraction for all poetry lovers.

Poems create a sensational effect in the readers’ minds as they go through the rhetorical and intellectual manifestation of the verse they peruse. Various ways, theories, and tales explain each earthly existence beautifully, but ‘Pearls Of The Morning Dew’ is an interesting anthology with such attributes. It contains two volumes- Pebbles of the Shore’ and ‘Visions of Eternity’. The poet wrote the first volume in his youth years, and he wrote the latter part after his retirement.

Some intriguing sets of poems tend to elucidate life in an innovative, unique way. Such is ‘Pearls Of The Morning Dew’. The honorable poet has carved a fascinating garland of diverse poems to describe life, its ways and values. The unputdownable facts and factoids laid down by him are truly appealing and appreciable.

Both the volumes are moving. Poet Shri K.E. Sunder conveys a pastoral, divine touch in his creation ‘Pearls Of The Morning Dew’. Pristine as it is, the different verses carved in the book portray serenity, a new, profound way of perceiving life.

StoryMirror’s platform has brought such wonderful and phenomenal work to the readers’ perspective. Heartwarming anthologies make everyone feel elevated, and this composition of poems does it even better. Thus, it has been winning hearts.

‘Pearls Of The Morning Dew’ by Shri K.E.Sunder expresses the visions of life towards eternity. The poet has made his mark in penmanship through his vast knowledge of literature and poetry. The poet had admired philosophy, religion, science, and poetry to their core. Hence, he came up with various wonderous creations.

This garland of verses bestows so much about the perks of life, the valuation of it by mankind, and thusly it has become a gift to all perusers. The views and wisdom shared by the noble poet in the different verses are clear and explicit, like in- ‘An Epitaph to Dear Mother’, ‘Hymn to the Reigning Deity of India’, ‘Ode to World Peace’ and ‘Race unto Eternity’, a few to mention. All over, his edition is noteworthy, and it opens a new dimension for the readers to explore.

In the words of poet Shri K.E. Sunder, HE conveys a deep-rooted message about man and mankind which is- “The best of His possible creation and the best of man’s life is to be made known in the best of his possible thought”.

Indeed the admirers of poetry agree with every word of the poet when it comes to the value of life. His words of knowledge enlighten people of different age groups. StoryMirror has thusly selected such a pioneer as ‘Pearls Of The Morning Dew’. StoryMirror has introduced such a remarkable and intricate set of verses that are leaving the readers astounded and mesmerized.

The book, launched on 23rd May 2022 at Taj Mahal Hotel, Hyderabad, has received a huge response and appreciation everywhere. The edition is available on all leading platforms, including StoryMirror, Amazon and Flipkart.

The anthology of verses is already making its way to becoming the most prioritized book. The readers will surely love to explore a poetry book such as this one.

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Mumbai (Maharashtra) [India], May 31: The Textile Industry is undergoing continuous stress due to rising cotton prices during FY 22. The pressure is likely to continue till the arrival of the new crop in Sep 22. The spinning mills have taken a major hit. In spite of the prevailing situation, SVP Global Textiles Ltd has reported financial results in FY21-22 with a net profit of Rs 71.28 crore (Net Profit Margin 4.00%) for FY22 as against a net profit of Rs. 24.85 crore (Net Profit Margin 1.75%) in the corresponding period last year, a growth of 186.84%. Income from operations for FY22 was reported at Rs. 1778.37 crore, higher by 25.03% over the previous fiscal’s same period income of Rs. 1422.40 crore. EBITDA for FY22 was reported at Rs. 303.61 crore (EBITDA Margin 17.07 %), a rise of 29.64% compared to EBITDA of Rs. 234.19 crore (EBITDA Margin 16.46%) in FY21. EPS for FY22 was reported at Rs. 5.67 per share as compared to Rs. 1.98 per share in FY21.

The Board of Directors has decided to take adequate steps to substantially reduce the debt. In a major restructuring, the Company is adopting the assetless model and venturing into forward integration of the textile value chain. Under the new model, it will be manufacturing Technical Textiles for which the approval of the Ministry of Textiles under the PLI Scheme has already been accorded. It will also be venturing into the garment segment as a B2C model and manufacture finished garments, innerwear and other consumer items, thereby creating a brand image of its own.

Commenting on the results and performance, Maj Gen OP Gulia, SM, VSM (Retd), CEO, SVP Global Textiles Ltd, said, “Company reported steady performance during FY22 backed by strong operational and financial growth in the testing times post-Covid. The current geopolitical situation, rising cotton and other input prices, along with problems in the supply chain and exports, had an adverse impact on the textile industry. The Company is taking various steps to reduce the debt and venture into the finished garment segment. The value addition will create a brand image and maximize value for shareholders in the near to medium term.”

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New Delhi [India], May 31: Despite an ever-increasing competitive market, the Nationwide Design & Architecture Awards – 2022 was established to honour and acknowledge the remarkable efforts and accomplishments achieved by the pioneers of the design and architectural arena. The Nationwide Design & Architecture Awards have aided the worldwide interior design and architecture business by bringing together an exclusive group of firms and are consistently referred to as “the pinnacle of acknowledgement within the industry.” Interior designers, architects, design studios, interior and architecture businesses, design organizations, and e-commerce portals will be honoured at the Nationwide Design & Architecture Awards. To honour the Best Works of Established Design Studios and New Design Talents from across the world, bringing much-deserved attention to the incredible work completed this year in the fields of architecture, interior design, product design, landscape design, urban design, and more.

These awards will serve as a tiny gesture of appreciation for those who will contribute to society’s dignified future. The award was open to all visionaries who want to improve, grow, share, gain, and raise themselves within the boundaries of success and industrial competitiveness. It was a fantastic chance to bring together a whole community of talented designers, architects, and creative thinkers. It will inspire more brilliant brains to pursue aphelion. One of the most prestigious awards in the world of architecture and design is the Nationwide Design & Architecture Awards – 2022.

To honour those bright minds, Business Mint issued a list of companies, agencies, non-profits, and government organizations whose groups and missions brought home a success here: https://nationwideawards.org/.

The Nationwide Design & Architecture Awards – 2022 was an enormous achievement in which more than 800 nominations came from across different industry areas. After selecting the most creative and bright-minded nominees, there were 51 top winners under several unique classifications (or industry spaces). The winners came from everywhere in India.

List of “Nationwide Design & Architecture Awards – 2022” winners:

Design Walls – Most Admired Wallpaper Company of the Year – 2022, Hyderabad

Deco-Arte – Most Admired Interior Design Firm – 2022, Delhi NCR

Studio Skapeart – Best Emerging Architecture & Interior Design Firm – 2022, Chennai

Cameleon Interiors – Best Emerging Interior Design Studio – 2022, Hyderabad

Design Radius – Most Promising Architectural and Interior Design Firm of the Year -2022, Surat in Commercial Space Category

JAN Design Studio – Best Emerging Interior & Architecture Firm – 2022, Surat

Recro Kardo – Most Prominent Architectural & Interior Design Company of the Year – 2022, Delhi

DMA – Dilip Mevada & Associates – Most Promising Interior Design & Architecture Company of the Year – 2022, Mumbai

Meticulous Design – Best Emerging Interior Design Firm of the Year – 2022, Surat

Eastside Office – Architecture and Interior Design Firm to Watch in 2022 – Kolkata

Pallav Interiors – Most Prominent Interior Design Consulting Firm – 2022, Chennai

Design Lab Vyoma – Most Admired Interior Design & Architecture Company of the Year – 2022, Mumbai

D Spaces – Most Prominent Architectural & Interior Design Company – 2022, Hyderabad

Live Fabulous – Eco-Friendly Innovative Company of the Year – 2022, Interior Design Category (Gurgaon)

Serene Designs & Consultants Pvt Ltd – Efficient MEP Services Design with Constrained Building Footprint – Taj SeleQtions (Haridwar)

The Lifestyle Architects – Best Emerging Architecture & Lifestyle Firm – 2022, Bengaluru

Delo Architects – Most Creative Architectural Design Firm of the Year – 2022, Surat

A+A Design and Execution – Outstanding Architecture Firm of the Year – 2022, Tamil Nadu

Daisaria Associates – Most Prominent Architecture Design Innovator of the Year – 2022, Mumbai

RICHA GARG ASSOCIATES – Best Emerging Interior & Architecture Firm – 2022, Pune

D’zine Forum – Most Promising Architectural & Interior Design Firm of the Year – 2022, Kolkata

Prashant Parmar Architect | Shayona Consultant – Most Credible Architecture & Interior Design Firm of the Year – 2022, Ahmedabad

Earthy Shades – Most Creative Women-Led Interior Design & Architecture Firm of the Year – 2022, Bengaluru

InterioArc Design Studio – Excellence in Interior Design & Architecture ( Residential ) – 2022, Bengaluru

Mansha Interior – Most Promising Interior Design Company – 2022, Bengaluru

Tropical getaway by Gruhaan – Most Creative Holiday Home Design of the Year – 2022

Divya Handa Designs – Most Promising Interior Design Consultation Company – 2022, Delhi NCR

Epitome Design Studio – Most Creative Firm of the Year – 2022, Mumbai in Interior Design & Architecture Category

MWM Spaces Pvt. Ltd. – Most Creative Interior Design & Architecture Firm of the Year – 2022, Gurgaon

Paalm Interiors – Most Prominent Interior Design Consulting Firm – 2022, Ahmedabad

Studio 2+2 – Most Prominent Architecture & Interior Design Firm – 2022, Ahmedabad

HIGH TIEDS – Most Innovative Company in Ahmedabad – 2022, Architecture and Interior Design Category

Shubham and Anuja Gadkar Architects (SAGA) – Most Prominent Architecture & Interior Design Firm of the Year – 2022, Pune

PURPLELOFTS – Most Credible Company of the Year in Pune – 2022, Interior Design & Architecture Category

Abin Sam Architects – Best Emerging Architectural Firm – 2022, New Delhi

ArTh Design Studio – Best Emerging Architectural Designer Firm – 2022, Hyderabad

Special Awards 

Mansse Bhandari – Most Prominent Women Architect, Interior Designer & Online Coach of the Year – 2022

Ar Vidya Kini Hukoo – Best Emerging Women Entrepreneur of the Year – 2022, Mumbai in Architecture & Interior Design Category

Supreet Bajaj – Most Credible Entrepreneur of the Year in Pune – 2022, Interior & Architecture Design Category

Divyang Vjay Bardolia – Best Emerging Interior Designer of the Year – 2022, Surat

Shashank Shahabadi – Most Prominent Architect & Interior Designer of the Year – 2022, Kolkata

Sagar. M.HINDOCHA – Most Prominent Interior Design Consultant – 2022, Chennai

Vyoma Patwa Motiramani – Most Admired Interior Design & Architecture Entrepreneur of the Year – 2022, Mumbai

Ar. Karan Daisaria – Most Prominent Architect of the Year – 2022, Mumbai

Richa Patil Garg – Best Emerging Interior & Architecture Women Entrepreneur – 2022, Pune

Mandeep Manchanda – Most Promising Architectural & Interior Entrepreneur Firm of the Year – 2022, Kolkata

Ar. Prashant Parmar – Most Credible Architecture & Interior Design Entrepreneur of the Year – 2022, Ahmedabad

Akanksha Yadav – Most Promising Interior Design Women Entrepreneur – 2022, Bengaluru

Ar. Sneha Mehta – Most Creative Women Entrepreneur of the Year – 2022, Mumbai in Interior Design & Architecture Category

Prernaa Mangla – Most Creative Interior Design & Architecture Entrepreneur of the Year – 2022, Gurgaon

Parag Bhavsar – Most Prominent Interior Design Consultant of the Year – 2022, Ahmedabad

Mr. Vinay Kanth Korapati, Founder of Business Mint, says, “Many designers were thinking about the present status of the globe, including the pandemic, social distance, sustainability, climate change, and circular economies. It’s been a breath of fresh air to realize that, despite the challenges of the epidemic, our creative sector has been able to generate such outstanding and high-quality work, especially when it comes to visualizing a better future. The endurance of design thinking in the face of multiple major hurdles struck me as one of the most striking aspects of the projects presented. Furthermore, the expanding presence of initiatives aiming to improve the planet’s health demonstrates the collective design community’s humanitarian attitude. As a result, the Nationwide Design & Architecture Awards – 2022 gives a fantastic open forum for designers to research, act, and share their socially innovative initiatives. Congratulations to all of the winners of the Nationwide Design & Architecture Awards – 2022 for their exceptional work.

Business Mint is a one-stop destination to serve organizations and entrepreneurs through research and recognition approaches for their professional advancement. Business Mint is a platform for associations and businesspeople where individuals get acknowledgement for their diligent efforts. They try to perceive the incredible business ideas, adventures, and great individuals behind them that get it going at any expense.

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New Delhi [India], May 31: Vikas Lifecare Limited, formerly known as Vikas Multicorp Limited, will raise Rs 200 crore (2,000 million) through qualified institutional placement (QIP).

The company will raise funds in tranches. In the first tranche, the board has approved raising Rs 50 crore (Rs 500 million). The remaining Rs 150 crore (Rs 1,500 million) will be raised via subsequent tranches by the company.

The company board has approved and fixed the floor price for the issue at Rs 4.20 per equity share, with a face value of Re 1 each. The price has been derived by the pricing formula as prescribed under the SEBI ICDR Regulations.

The issue price will be determined by the company in consultation with the book running lead managers appointed for the issue. The company may, at its discretion, offer a discount of not more than 5 per cent on the floor price for the issue.

The company’s fund-raising committee will meet to consider and approve the issue price, including a discount, if any, permitted under the SEBI’s regulations. The equity shares will be allotted to qualified institutional buyers.

The company has received the principal approval for the same from its board and shareholders through postal ballots and stock exchanges – namely BSE and National Stock Exchange (NSE).

Vikas Lifecare Limited engages in the trading of various chemical compounds, polymers, PVC resins, plastic granules, and products related to the plastic industry in India. It operates through Real Estate, Trading- Polymers, Trading-Cashew Nuts, and manufacturing divisions.

Incorporated in 1995, the Delhi based company is also involved in the real estate business; and the manufacture of recycled material for automotive, packaging, sheathing, and textile industries.

Shares of Vikas Lifecare, trading and distributing company, settled at Rs 4.96 on Monday after rising 5 per cent, hitting its daily circuit limit.

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More than 15500 visitors visited the exhibition

More than 500 brands exhibited

New Delhi [India], May 30: After getting a massive response in the last edition, Garment Technology Expo (GTE 2022) organised the 31st edition to display a rich mix of garment stitching and processing technologies from over 500 brands and companies. Today, the mega show windes up at the NSIC Exhibition Complex, Okhla, New Delhi.

As India’s largest Garment Technology Expo attracted visitors from all around India and neighbouring countries, including Bangladesh, Sri Lanka, Nepal, and Myanmar, renowned brands like  IIGM, HCA, Juki, Magnum, Mehala, Tukatech, E.H.Turel, ALT, Ramsons, Baba Textiles, Richpeace, INL International participated at the expo.

Mr. Ricky Sahni, Joint Managing Director at Garment Technology Expo, said, “We feel proud and privileged to be hosting the bulk of the garment machinery, equipment, spares, and accessories suppliers operating in India at this 31st edition of GTE. Building on the success of the previous 30 editions, we promise to offer the best possible services and conveniences to buyers and sellers, alongside the widest display and range of latest garment technologies, supplies & services.”

Visitors at GTE 2022 got the chance to witness the latest advancements in garment production, including  CAD / CAM, Sewing Machines, Knitting Machines, Embroidery Machines, Digital Textile Printing, Laundry Machines, Quilting Machines, Fusing Machines, Finishing Equipment, Spreading & Cutting Machines, Printing & Packaging Machines, Hot Air Seam Sealing Machines, Fancy Yarn Machines, Dyeing Machines, Dyes, Fabrics, Fancy Yarns, Non-Woven Bag Making Machine, Software Solutions, Spares & Attachments, Accessories & Trims, Testing Equipment, Support Services, etc.

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New Delhi [India], May 30: Trends suggest that startups are now more popular among investors than traditional investment options. They believe that investing in startups fuels factors such as innovation, economy, and workforce, which ultimately leads to the generation of wealth, unlike traditional options. Putting your savings in a Fixed deposit or in a bank account that hardly yields 3% interest and fails to cover even the inflation rate is not a wise choice!

But if you are assuming that simply putting your money in a startup and expecting higher returns is all you have to do, then you are slightly wrong here. Why? Because certain risks are involved when you invest in a startup. Firstly, the risk of the unknown as this business is not tried & tested. So, you don’t know if it will benefit you or not. Secondly, the risk of no market exit means you cannot be redeemed or withdrawn until there is a re-funding or stake sale. Like these, there are other several factors involved. You have to evaluate the opportunity very meticulously. In case you need help with this, then we have something for you.

The platform founded by IIM Ahmedabad alumnus “Bestvantage” helps such Smart investors. It helps investors make an informed decision by allowing transparency, safety, and access to complete information about investments in a startup.

Bestvantage Investments, a one-of-its-kind startup investment platform, has signed multi-talented Cyrus Broacha as its new brand ambassador. Cyrus Broacha is an Indian TV actor and comedian best known for his show Bakra on MTV and The Week That Wasn’t on CNN-News18. Cyrus will now work with Bestvantage Investments to spread information about startup investments. With India pushing towards a digital economy, the government is providing policy support to boost the rapid growth in the startup ecosystem. In this scenario, startup investment has emerged as a lucrative opportunity for both investors and startups. Leveraging its collaboration with Cyrus, Bestvantage envisions making Indian investors aware of the ins and outs of startup investing.

Here is what that makes the platform stand out from the crowd:

Startup verification: For credibility & authenticity, all startups on board, along with the founders, are rigorously verified by a third party. This step eliminates the chances of fraud & other similar issues.

Reliable information: The Company is the first in India to have a recording of founders pitching on the platform so that investors can understand proposals better. Investors can easily access all the pertinent information about the industry, business model, pitch deck, and founders on the site. More power to the investors!!

Accessibility: Its website is mobile optimized, and the Company has android and IOS apps that help investors access information at their fingertips. 

Credible founder: Bestvantage only has pedigree founders or folks with in-depth domain experience. After all, founders are the jockey on whom we bet.

Scalability: Bestvantage curates businesses with replicable models that can create long-term value for investor wealth.

Spike: Bestvantage looks for a bunch of parameters that specify that the startup is posited to be the next Unicorn. It may include investment by VCs, strong incubation, recognition by credible startup ecosystem, etc.

If you are unable to judge or are unable to diversify widely, then Bestvantage is for you. Here you will get the details and portfolios of startup companies. Bestvantage helps startups to grow simultaneously, providing benefits to the investors. It associates professional selection with the deal-by-deal approach of a business. So, be a smart investor and invest in startups from now on.

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The post Make smart investments in Startups with Bestvantage appeared first on Republic News Today.