Tag: Business

New Delhi (India), January 29: Listed on both Stock Exchanges, BSE (Scrip Code: 530961) and NSE (Scrip Code: VIKASECO), Vikas Ecotech Ltd  has informed that its recently started ‘Infra Product Division bagged a firm order amounting Rs. 300 million, the largest single order to date, to be completed within the current quarter.

With increasing economic activities and governments thrust on infrastructure development, and Company’s focused approach to cater this ever-increasing demand within time supply of quality products, order book for company’s Infra Products Division is populating with good repeated bulk orders from reputed clients for their diverse needs.

In terms of its pre-defined long-term business strategy, the Company recently ventured into trading and manufacturing of infra products, which not only enhancing company’s revenues, product basket, profitability but also mitigates concentration risk.

Vikas Ecotech Ltd. is a New Delhi based company engaged in the business of Speciality Polymers & Specialty Additives and Chemicals for Plastics & Rubbers industries, catering to a wide horizon of applications in Agriculture, Infrastructure, packaging, electrical, footwear, pharmaceuticals, automotive, medical devices and components and other consumer goods.

Vikas Ecotech is the only manufacturer of Organotin (Heat Stabilizers for Vinyl applications) in lndia with in-house R&D facilities and is one of the single digit number of manufacturers of this product worldwide, who have technology and expertise for manufacturing this material right from Tin Metal to the final product.

Vikas Ecotech is expanding its business and product portfolio has added many consumer (final) products to its conventional (raw material businesses) profile. The new business segments include Infrastructure Products like Steel Pipe Fittings, MDPE Pipes for Gas applications to its business lines.

Emphasis on measures to stimulate growth & investment, boosting domestic consumption with a focus on building R&D-Tech-Innovation led next-generation economy

Ahmedabad (Gujarat) [India], January 29: Narendra Modi-led NDA government is required to stimulate growth and boost investment with confidence from both public and private sectors in the Union Budget 2022. Special emphasis should be on job creation, lifting consumption & sentiments, and building infrastructure in priority sectors – Education, Health, Rural & MSME. With no social security mechanism for people at the large, inadequate public infrastructure, the middle-class taxpayers were affected the worst. Gujarat-based industrialists and corporates have high hopes from the government and expect the Union budget will be inclusive and growth-oriented.

Mr. Mahendra Patel, Managing Director, Lincoln Pharmaceuticals Ltd, said, “We need to create an effective commercial ecosystem to encourage innovation and research in the country, which is ignored to an extent. Covid taught very important lessons of self-reliance and innovation in the pharma sector, especially in the APIs to reduce dependence on China. The Healthcare sector will look for higher allocation towards production Linked Incentive schemes to encourage capacity expansion of sensitive APIs, complex excipients, drug intermediates, etc. Interest subsidies and restoration of weighted tax deduction u/s 35(2AB) to encourage innovation and R&D are some of the key measures required for the sector.

Funds allocated for healthcare as a percentage of GDP at 1.5% continue to be lower compared to most developing nations. Keeping in mind the current pandemic situation, it is need of the hour for the government to increase the allocation towards health infrastructure across the entire infrastructure chain, specifically in tier 2 and tier 3 cities and immunization. Higher allocation to the sector is also necessary to enable the government to achieve its target to spend 2.5% of GDP on healthcare by 2025.”

“The logistics industry is hoping that Finance Minister Mrs. Nirmala Sitharaman’s much-anticipated budget would contain some bold measures to increase logistics competitiveness and overall infrastructure development. On the technological front, the central government should pave the way for investments towards digitization of supply chain management”, said Mr. Ajay Mokariya, Managing Director, Shree Maruti Courier Services Pvt Ltd. 

“The budget should focus on technology, R&D, especially in the field of the Location Intelligence Industry. We expect the budget to focus on investing in infrastructure that will help the logistic companies to reduce the total logistics cost as well as time taken for delivery of goods for the end customer. The industry is expecting policy support and tax relaxations to reduce logistics costs to boost export competitiveness. The budget should also propose noteworthy incentives for adopting green logistics to reduce environmental impact. On the policy front, the Narendra Modi-led government should make a strong move on the National Logistics Policy (NLP) in the year 2022 budget. The upcoming budget is expected to contain measures to push reforms and increase supply chain efficiency. It should also announce capital subsidies for building world-class warehouses in tier-2 & 3 towns to support the development of efficient distribution centers. This will help India to turn into a manufacturing hub of the world”, opined Mr. Mokariya.

Mr. Prafulla Gattani, MD & CEO Instatrade Business Venture Group, said, “Government must bring more disposable money into the system to drive consumption. For this, the individual IT exemption limit must be raised to 10 Lakh as this is the bare minimum today, considering the present rate of inflation of the past 5 years. To give a boost to the Digital Economy and Artificial Intelligence, spending on education must be increased, and exemption on educational expenses must be raised to Rs  1 lakh per annum as any good institute is not charging fees less than this for a child. Also, there should be a focus on policy for alternative energy sources, and a long-term policy should be made to promote and reduce dependency on crude.

A large package is required for MSME, and the definition of MSME must be raised to 100 crore investment. Spend on infrastructure must continue for a better and stronger India, and all construction material must be brought into the GST limit of 12% instead of 18%.”

Hotel to Re-Open under O by Tamara Banner

 Bengaluru/Coimbatore, January 29: Tamara Leisure Experiences (TLE), headquartered in Bengaluru, Karnataka, recently announced the acquisition of a 167-room hotel in the heart of Coimbatore, the second-largest city in the state of Tamil Nadu. Formerly operated under the Aloft brand, this hotel is located close to Singanallur, a major textile and engineering hub in South India.

Speaking on this latest acquisition, Shruti Shibulal, Chief Executive Officer (CEO) of Tamara Leisure Experiences, says, “The acquisition marks the company’s first in India and showcases our commitment to investing in the Indian tourism industry. O by Tamara is a brand that we launched in Trivandrum and found success with just two years ago. We believe the Outstanding Hospitality that we are now known for there will be welcomed and embraced by the city of Coimbatore. We will continue to look for suitable opportunities to expand our footprint across India and globally using our three signature brands – The Tamara Resorts, O by Tamara, and Lilac Hotels.

Tamara Leisure Experiences acquired 167 room upscale business hotel at Singanallur, Coimbatore, as its first Indian hotel acquisition, now pushing past 1000 keys globally.

With the acquisition complete, Tamara Leisure Experiences will be giving the hotel’s service and guest areas a complete makeover. The hotel will be named O By Tamara Coimbatore, and both the façade and the rooms will be re-designed to give it a contemporary touch, catering perfectly to business and leisure travelers. The hotel’s banqueting space will be enhanced, and the facilities will see the addition of signature restaurant, O Café, and include a bar, spa, and swimming pool.

Tamara Leisure Experiences is a leading hospitality brand based in India, currently operating The Tamara Coorg, a luxury resort in a sprawling coffee plantation in Coorg, The Tamara Kodai, a luxury heritage resort in the hills of Kodaikanal, and O by Tamara, a luxury business hotel in the lively city of Trivandrum. Very recently, Amal Tamara, an Ayurvedic Wellness Centre, was launched in Alleppey. The company also operates Lilac, an affordable mid-segment hotel in the heart of South Bangalore.

Tamara Leisure Experiences’ international properties include Holiday Inn Express Gütersloh, Prizeotel Hannover, Moxy Bremen, and Courtyard by Marriott Wolfsburg, all based in Germany.

Responsible Hospitality has been at the core of every venture, making the organization an industry leader in the shift towards responsible and sustainable tourism.

New Delhi (India), January 28: One of the highest achievements in life is to buy a house with self-earned money. The feeling of such accomplishment is unsurpassable and sometimes ineffable. Pride Purple Group, the prominent commercial and residential builder of Maharashtra, has set a benchmark in the Indian real estate market.

It is one of the best builders that have fulfilled the lifestyle aspirations of many residents. It has had its presence for two decades in the real estate market and has given insights into the needs and aspirations of the clients.

The builders are now ready with their beautiful and mesmerizing project plan in Hinjewadi. Park District, an integrated township of 60 acres, is one of the most prestigious residential areas located near the Hinjewadi-marunji link road. The area contains commercial spaces and is connected directly to the metro.The company has stated that they wanted to fulfil the void and the need for an upscale neighbourhood that matches the aspiration of lakhs of professionals moving to the region.

The Park Titan description-

The Pride Purple Groups have always gone for holistic client development that focuses on their health, fitness, requirements, and aspirations. The Park Titan will cover an area of 17 acres, with 18 beautiful towers of the building that will consist of 23 floors and one ground floor. The builders have made sure that the land resource is utilized efficiently with zero wastage. The area has seven acres of podium with 70% open space. The residential park has more than forty standard amenities. It also has business centres with co-working space and power back-up, Smart Kidz- a play school for children, spa, salon, laundry, and many more. The area has set up medical facilities for its residents. The clinics and pharmacies with the EV charging stations make this area a great place to reside. The entire plan has been designed keeping in mind all the desires and needs of the clients.

According to popular belief, anyone can succeed in life if they are surrounded by caring people. The Purple Pride group has also received a lot of love and support from the best academies. The area has upgraded a standard by collaborating with MS Dhoni Academy, Padukone Sports Management, The Sporty Beans by Yuvraj Singh, the Shiamak dance Academy of Shiamak Dhavar, the Ajivasan Music Academy of Suresh Wadkar. The builders have stayed true to their mantra and have made the project one of the best and most attractive residential spots of Hinjewadi.

Their standard of construction, appealing designs, and superior art features have made them contribute remarkable infrastructure in Pune. Since their inception twenty years back, the builders have remodelled themselves from a real estate development company to the providers of a better life. Their motto has guided them to build spaces that facilitate ease of doing business. Their clients love their projects as well as the industry appreciates them. More than lakh families have been satisfied by their best-designed homes. Looking at the work, we can proudly say that The Purple Pride is the best real estate developer in Pune. For more details, Please visit https://www.parktitan.in/

More than 100 women participate in Yoga, Aerobics, Zumba, and other activities at Dumas Beach

Surat (Gujarat) [India], January 28: The Sahyog Physiotherapy Clinic and Fitness Centre in Surat commemorated the 73rd Republic Day in its own unique way.

The Centre organised a programme at the Dumas beach on the theme of Fit India to mark Republic Day on Wednesday. More than 100 women participated in Yoga, Aerobics, Zumba, and other fitness-related activities at the beach as a part of the programme and sent a message of Fit India to the countrymen.

“Women are the backbone of society. If women are fit, families will be fit, and if families are fit, the country will be fit. This programme is our humble endeavour to draw attention to the issue of fitness, and especially women’s fitness,” said Dr. Afreen Jasani, who established Sahyog Physiotherapy and Fitness Centre in 2016.

The programme at Dumas beach was the latest in the series of initiatives undertaken by the Centre to spread awareness on fitness and a healthy lifestyle. Earlier, the Centre had organised a marathon exclusively for women of Varachha road locality in Surat in 2019. More than 7,500 women had participated in the marathon. The Centre also conducts free health checkup camps and seminars focused on health and fitness in schools and colleges.

CEO Girish Wankhede and Actor Manoj Bajpayee launches Jai Bheem short video app

New Delhi (India) January 27: The ambitious Jai Bheem Short Video App finally met a conclusive beginning with a successful spectacular launch yesterday. The launch was done by none other than the Padma Shri and National award-winning actor Manoj Bajpayee in a grandiose event organised by the Jai Bheem CEO Girish Wankhede, on 26th January, Republicans day of India.

Jai Bheem App is a short video app where creators can share their content and even learn from others. It’s like a platform aimed at the masses that still remain bereft of a chance to prove themselves. With Jai Bheem App, which is made in India, the wait is finally over as it got launched by Actor Manoj Bajpayee.

At the launch, Actor Manoj Bajpayee said, “It’s a privilege and honour to be a part of such a monumental moment. The app is going to be a boon for our talents; especially one’s belonging to small towns and cities acting is the sole bread and butter in the industry and we all know there are so many talents who are still suffering because of lack of the opportunities. I believe the Jai Bheem app is going to take care of it. Short video contents are the talk of town everywhere and with Jai Bheem App everyone in our country and abroad as well can participate in it. Furthermore, the app will help you in mastering your talent and possibly bring you into the Bollywood industry. So, I suggest people should join the Jai Bheem app and start their entrepreneurial journey soon. I wish everyone all the best.Actor Manoj Bajpayee downloads Jai Bheem App

Jai Bheem short video app CEO Girish Wankhede shares the idea behind creating the Jai Bheem App. He added, “We are witnessing a lot of foreign apps making money from our country and leaving. Also, a major grievance I heard from many industry experts was that local content creators were held back suspiciously from getting viral. It spurred the zeal in me to think what if we have a home grown similar app aimed at helping our local talents with an opportunity to make their marks. And from there the creation of the Jai Bheem app began. With this app, our youth not only can showcase their talents but also empower themselves into an entrepreneurial journey with our monetization feature. They would be able to UNLEASH their potential.”

 “I was fortunate enough to receive immense support from society. Along the way we came up with Jai Bheem as the name. The name Jai Bheem encompasses brotherhood, fraternity, and the freedom of expression that Babasaheb Ambedkar taught us about. Another reason was a widely conducted survey where we asked for the name suggestion and people around the nation selected Jai Bheem too.”

The whole idea is to serve society with the aid of modern technology. We need to speak with the younger generation in their own language. So, the whole idea was developed around the technologies the current generations can relate too. The promoters of JAI BHEEM app aim to redefine the Es in the business that is Entertainment, Entrepreneurship and Education. This app will not only talk about entertainment as right now but it would also specifically concentrate on monetization of Entertainment and thus promote entrepreneurship. The industry looks happy, I’m happy, and I’m sure our people will be happy too. Cheers to a new beginning.

The programme started with salutations to Dr Babasaheb Ambedkar by a very well choreographed dance by Bollywood industry choreographer Sandeep Soparkar.

Ginni Mahi was the star performer of the launch, who sang Punjabi songs praising the Unity of India through Our Constitution.

Kannada Actor Chetan Ahimsa was very happy at the launch and said that Jai bheem app would bring in the equality and equal opportunities for the youths of the nation.

One of the Bureaucrats, Dr Kamble, expressed his happiness and also desired that it lives up to the name of Jai Bheem and its ideals.

The event was full of galore and limelight as many popular industry personas notably, Senior Musician singer Lalit Pandit, Kannada Actor Chetan Ahimsa, Ketki Mategoankar, Ginni Mahi, Sensational Singer from Punjab, Sandeep Soparkar, Nitin Raikwar, amongst others graced the launch and took part in post-event  celebrations of Republic day of India.

The launch was specially attended by many social media influencers who have millions of followers. They were jubilant and were happy that the Jai Bheem app would give them a chance to UNLEASH THEMSELVES.

New Delhi (India), January 27: Gujarat Port and Logistics Company Limited (GPLCL), being SUP floated by Gujarat Maritime Board and GSFC has accepted the proposal proposed by BSE listed (542753)  Seacoast Shipping Services Limited (SSSL) for developing coastal movement of containers and Bulk cargo from minor ports to major ports via sea route through bogies.

The above project will be the first move towards Sagar Mala Scheme by the Government of India Ministry of Shipping to reduce land traffic which to be beneficial to the environment and will be highly cost-effective Exim trade and will play a major role in the economy.

The above project will have a high revenue income, which will increase the turnover above 200 Cr. additionally to the current business and will be in a position to deploy 100 employees. Moreover, SSSL has proposed Joint Venture to GPLCL for long term association which is under the procedure for implementing as per the policy of the Government.

Seacoast is amongst the top three freight forwarders handling Agri export commodities exports in containers from Mundra port. It offers complete logistics solutions under one roof and also offers International Ship Operations of Modern Dry Bulk Vessels. Every year it carries around 5.0 million mt of bulk /and unitised cargo across the oceans. As a specialist in spot business, SeaCoast focuses fully on dry bulk logistics and Container Freight Forwarding along with Inland Road Logistics.

The company offers TOTAL MULTIMODAL LOGISTICS through seam-less services from the transportation of cargo to export. It offers a one-stop solution for the oceanic transport of dry bulk cargoes worldwide. With a worldwide shortage of Containers, Sea Coast would get higher realisation whereby it would be benefitted substantially. The main role is ensuring the safe and efficient Marine transportation of commodities. Ship Chartering Charter Vessel on Time or Period for movement of cargo Worldwide, Coastal Trade, Freight Forwarding End-to-End Service Provider for Container movement, Warehousing and Transportation of FMCG product. Providing end-to-end service in FMCG products, for example, Liquid, Salt, Ceramic etc., within India, Mining and Transportation.

Bringing the biggest global food chain to the residents of Gurgaon sector-70

Gurgaon (Haryana)[India], January 26: Reach 3Roads brings in the New Year with some good news for Gurgaon residents, announcing the launch of an exclusive McDonald’s outlet. Reach 3Roads an exclusive high street retail centre located in the heart of Gurgaon sector-70, is set to welcome its latest entrant and enthral its customers now with one of a kind drive-through facility ensuring international standards, attracting global retailers at 3 Roads.

Spread over 7000 sq. ft of retail space at Reach3Roads, Mcdonald’s has taken upon ground and first floor with a vast front facade of 40ft becoming one of the biggest outlets in the Gurgaon sector 70 vicinity. The double floored outlet is created to cater in building  one of the first kinds of kitchen in the northern belt,   based on the first floor with a unique conveyor belt system through which food will be transported to the delivery window creating a provision of fast delivery. McDonald’s at 3Roads is a perfect blend of dine-in and drive through with 2-way access from the boulevard area as well as the road level entrance for drive-through vehicles.

Harinder Singh, Chairman, Reach group, states “ We’re thrilled to announce the debut of one of the major global retailer at our 3 Roads property. We at 3 Roads are motivated to evolve our retail space to meet the ever-changing demands of our customers. The opening of the global food chain is only the start of many steps toward providing our consumers based in Gurgaon sector-70 and nearby areas with a better, more seamless shopping and dining experience. Indians love McDonald’s as it fits perfectly to the price and taste of the Indian citizen. What could be better than a delectable taste fountain that starts at just Rs 50? With McDonald’s drive-through in place, 3 Roads is all set to elevate the customer experience where they order and enjoy their favourite McDonald’s burgers without ever leaving the comfort and safety of your automobile. It feels so right to say – I’m lovin it!”

Excited with the launch Nandini Taneja, VP Reach Group, added, “We recognize the importance of convenience dining and hence have a unit that has access from the drive-through as well as the front boulevard side and let the customer flow from both sides. This brings us one step closer to our aim of creating a seamless shopping experience for our consumers. We are always working towards creating the right mix of brands we onboard, creating the technical retrofit, and a structure that offers an international feel to our consumers. This format has always been a part of our project. We are excited about offering Gurgaon people an exclusive McDonalds experience at the high-street retail – 3Roads.”

About Reach 3 Roads

Reach 3 Roads is an open-air neighbourhood complex, designed by Arcop Associates, which offers an array of essential services like co-working, utilities, beauty and fitness, cafes, groceries, among others. In today’s times, health and hygiene is the most important aspect and our centre is fully equipped with the best sanitisation and safety measures. It is strongly positioned to cater to the emerging residential market of Sector 70, and the already existing residential belt of Southern Peripheral Road, Golf Course Extension Road & Sohna Road. Situated in a high-density residential zone and very well connected from all parts of Gurgaon (NH8 & Subhash Chowk etc.), the centre hosts service-focused retail units to cater to the local communities’ everyday needs. Based in Gurugram, Reach Group has a team of 50+ professionals who are experts in architectural designs, quality construction & timely delivery. Moreover, the group has other real estate projects embellishing the key sites in Gurugram, like AIRIA by Reach and Lake Shore, Reach Comercia, Reach My Towers and Livina, our latest edition to ultra-luxury residential in the heart of Gurgaon. With its unique offerings distinguishing it from its competitors, the Reach Group is well poised to be the powerhouse brand in the Real Estate space.

January 26: ANAND CHOUHAN says that marketing is everything. From a branding perspective, it’s essential to find a balance between being promotional and relatable to your audience. So if we talk about Indian marketing, then ANAND CHOUHAN is leading the charts.

ANAND CHOUHAN is an 18-year-old digital marketer and Founder of STYLE UP INDIA & SOCIAL PLATFORMS; at such a young age, he owns a 10M+ network on social media platforms, ANAND has Specialisation in augmenting online Brand presence, He also worked with many International Brands. Solving Digital Age problems at the age of 18 is not a small thing nowadays; his leadership and out of box, ideology made him a man of values and skills.

He has worked with some well-known brands in India, Anand Chouhan has aided them in their social media dealings by carrying some paragon strategies.

The conventional strategies and new digital knowledge in an incredible way, and it is an inspiring presence and extensively formed, and an exceptionally compatible command on the Digital Marketing industry is what makes an incredible Digital Entrepreneur.

Anand has their finger in everything Share market to social media marketing and business strategies. He helps brands in every way possible to get Explore. As Anand once said, “MONEY & RESPECT CANNOT MAKE US HAPPY, BUT WITHOUT THESE WE CAN’T BE HAPPY.”

ANAND CHOUHAN is a young man with a strong vision to take his small endeavour even further and make it a name common to every Indian. Currently, ANAND being a founder of “STYLE UP INDIA” also runs TRADING at this young age. We wish him all the best for his upcoming brighter future.

New Delhi (India), January 26: BSE (560961)& NSE (VIKASECO) listed Vikas Ecotech Ltd an emerging player in the global arena of the high-end speciality chemicals players, offering eco-friendly and technologically superior products to the world, has announced that on persistence and support extended by the promoters of the Company, it has initiated 2nd Phase of the Debt Reduction Program, wherein overall bank debt shall further get reduced by another 20% from the peak exposure. Rs. 100 million has been paid back already, and another minimum Rs. 250 million shall be paid before the close of this quarter (Q4_FY22).

After completion of both these phases, bank debt shall get reduced by approx. 40% from the peak exposure, paving the way towards becoming a ‘ZERO debt company’ in the next financial year i.e. 2022-23 Recently, Vikas Ecotech had informed exchanges that it has been diversifying to newer markets with innovative products.

As a measure of backward integration, the Company has commissioned a Steel Pipe Fittings plant, which after trial production, went into commercial production  almost 2 months ahead of schedule.

With increasing economic activities and governments thrust on infrastructure development, there is a huge demand for fittings by all major steel tube manufacturers like APL Apollo, Jindal, Hi-tech, etc. They prefer sourcing from the vendors who have inhouse steel tube fitting manufacturing facilities.

Considering it as a long-term opportunity, which not only enhances the company’s revenues, product basket, profitability but also mitigates concentration risk, the company has successfully bagged commercial-scale orders. Since the production of fittings and their supplies are much ahead of their scheduled targets, Vikas is expecting a good revenue contribution of this newly added business segment.

The company has been most recently empanelled as an approved vendor with the U.P. State Horticultural Co-Operative Marketing Federation (HOFED), a UP Govt. Enterprise.

It’s the first of its kind of empanelment for Vikas Ecotech that too alongside other industry conglomerates like Supreme Industries, Advance Biocare, Stellar Polyplast etc.

Enhancements in Intellectual Property: Successful registration of a patent for the use of Nano CaCO3 in Plastic & Rubber Compounds The company’s ultra-modern latest state of the art R&D laboratory undertook research for Nano Composites and their use in the plastic and rubber industry, the company has filed a patent for the use of Nano Calcium Carbonate (CaCO3) as a multi-role additive and modifier.