31, Oct 2023
T.A.C – The Ayurveda Company CEO and Co-Founder Shreedha Singh is now an angel investor on JIO Cinema’s new show, ‘Indian Angels’
New Delhi, October 31st, 2023: Shreedha Singh, hailing from a small village Karanda near Varanasi, is now set to inspire millions with her incredible journey. Her path has taken her from earning ₹80 per day at McDonald’s at the young age of 14 to becoming an angel investor on OTT channel JIO Cinema’s on Mukesh Ambani’s latest show, ‘Indian Angels.’ Her success story is a testament to the boundless possibilities for women across India to make it big.
‘Indian Angels’ is a pioneering show that shines a spotlight on visionary individuals who have made substantial contributions to various industries. Shreedha’s dedication and determination in her professional journey have transformed her into an inspiration for countless aspiring entrepreneurs. She symbolizes the growing cohort of ambitious women who are shaping the corporate landscape of India.
“In my journey, the mantras of ‘Umeed’ and ‘Zidd’ have been my guiding lights. From a small village to a successful founder and now an angel on ‘Indian Angels,’ my determination and unwavering hope in the face of challenges have been the driving forces behind my success,” said Shreedha Singh, CEO & Co-Founder of TAC- The Ayurveda Company and Angel Investor.
The show is streaming on JIO Cinema from 3rd November and will also invite viewers to become investors themselves.
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- By Rabindra
31, Oct 2023
ALTAIR Unveils Rendezvous: A Progressive Modern Indian Culinary Odyssey
Kolkata: ALTAIR, the city’s magnificent hotel known for its unparalleled design sophistication, is unveiling a refreshed aesthetic and an entirely new interpretation of Rendezvous, featuring Progressive Modern Indian Cuisine. Rendezvous, embraces innovation, creativity, and experimentation while staying rooted in the rich culinary traditions of the country.
Rendezvous is all set to enchant guests through a unique, unparalleled, and ever-evolving dining adventure, all rooted in the progressive realm of Indian cuisine. By delving into fresh and cutting-edge culinary methods, Rendezvous shatters the preconceived notions often linked with Indian gastronomy. Fusion is an artful symphony of global culinary traditions, crafting visually stunning dishes firmly rooted in Indian flavors within the hallowed halls of Rendezvous.
From the warm embrace of the leather chairs to the captivating views, the space creates an atmosphere that bridges tradition and modernity. Rendezvous is where ‘Timeless Charm’ meets contemporary elegance, promising a memorable experience for all who grace its doors. The polished wooden floors evoke stories of enduring grace, while the intricately carved wooden wall panels weave a tapestry of artisanal mastery. Rendezvous endeavors to envelop its guests in a welcoming and comforting atmosphere, evoking a captivating essence of heritage and artisanal craftsmanship
Rendezvous aims to present a contemporary interpretation of Indian cuisine by infusing traditional recipes and locally sourced ingredients with global inspirations. The culinary team is dedicated to delivering a dining experience that embodies the farm-to-fork philosophy with lasting impressions.
The Progressive Indian menu boasts an array of tantalizing small and large plates of veg and non-veg dishes, including inventive dishes like “Chana Hummus – Nitro Bhel”, innovative “Rendezvous Dabeli – Pulled Jackfruit, Sweet Potato, Pomegranate”, “Kheema Bhatura Chaat (Malvani Style Ground Lamb, Chutneys, Crispy Potatoes, Onions, Sev)”, “Thambi Chicken Molecule (Anar Foam)” with a unique and intriguing twist, ” Chicken Fajita Thepla Taco (Mint Cream)”, “Calabrian Pork Belly Kulcha (Gondura Masala, Udipi Thoran Slaw)” boasting a harmonious blend of spices, “Desi Shakari Haleem (Multi Grains, Sourced Cows Ghee), “Zuppa De Pesca (Seafood Stew, Chennai Parotta)” “Bombay Botanist Club”, “Vango green, all green, basil pesto pizza”, “Saag Nargis”, “Rajwada kofta, cheese kadi,” to name a few. To round off the meal, the dessert selection features delights such as “Coconut Payasam Kulfi Cones (Chocolate Pops)”, and “Rendezvous Tiramisu” amongst many others.
Commenting on the unveiling of Rendezvous Mr. Nitin Kohli, CEO and whole-time director of AmbujaNeotia Group said, “Rendezvous represents a culinary masterpiece featuring Progressive Modern Indian cuisine. It reflects our dedication to innovation and creativity while paying homage to our deep culinary heritage. With its fusion of tradition and contemporary elements, Rendezvous is the place where timeless charm meets contemporary elegance, promising an enduring and unforgettable dining experience.”
Join us at Rendezvous for an ever-evolving culinary exploration that reimagines Indian cuisine, blending tradition and innovation into an indelible dining adventure. Rendezvous cherishes the timeless classics, those beloved favorites that have stood the test of time, ensuring each visit is a truly cherished experience for the patrons.
Venue: Rendezvous, ALTAIR
For Reservations: +91 33 7101 7101
Time: 12.00 PM-12.00 AM
Address: 20th Floor, Ambuja Neotia Eco Centre, EM Block, Sector 5, Salt Lake, Kolkata – 700091
30, Oct 2023
Greenlam Industries Limited announces Unaudited Consolidated Financial Results
National, October 30, 2023: Greenlam Industries Limited, among the world’s top 3 laminate manufacturers with its flagship brands Greenlam Laminates, NewMika Laminates, Decowood Veneers, Mikasa Floors, Mikasa Doors & Frames and MikasaPly, today announced its unaudited consolidated financial results for the second quarter and half year ended September 30, 2023.
Greenlam Industries Consolidated Results, Q2FY24:
For the second quarter ended on September 30, 2023, consolidated net revenues from operations witnessed a growth of 16.5%, at Rs. 603.6 crores, as compared to Rs. 518.0 crores in the corresponding quarter of the previous financial year. The laminate business witnessed a volume growth of 15.7% on a YoY basis, contributed by both domestic and international business. The operating profit grew by 40.8% to Rs. 75.6 crores as compared to Rs. 53.7 crores in the corresponding quarter last year. The company reported a net profit of Rs. 39.4 crores for the current quarter, a growth of 34.9% over the same quarter of the previous financial year.
Greenlam Industries Consolidated Results, H1FY24:
For the half year ended on September 30, 2023, consolidated net revenues from operations witnessed a growth of 13.2%, at Rs. 1118.9 crores, as compared to Rs. 988.6 crores in the corresponding period of the previous financial year. The laminate business grew 11.3% in value terms and 11.0% in volume terms on a YoY basis. Operating profit increased by 34.5% to Rs. 139.9 crores in H1FY24 as compared to Rs. 104.0 crores in H1FY23. The company recorded a 33.2% increase in net profit at Rs. 71.6 crores, as compared to Rs. 53.8 crores recorded in the same period of the previous financial year.
Speaking about the results Mr. Saurabh Mittal, Managing Director and Chief Executive Officer, Greenlam Industries Ltd. said, “The second quarter of FY 2023-24 witnessed consistent growth across all verticals with overall revenue growing by 16.5% to Rs. 603.4 crores. The laminate business continues to thrive, showing robust growth in both domestic and international markets, with YoY volume growth of 20.5% and 10.0%, respectively, and a capacity utilization rate of 94.0% during the quarter on 21.02 million sheets. Gross margins for the quarter improved by 680 basis points, reaching 51.4%. EBITDA margins for the quarter also increased by 210 basis points and stood at 12.5% primarily driven by improvements in the laminate business. Net profit for the quarter stood at Rs. 39.4 crores an increase of 34.9% over Q2FY23.
Our efficient inventory management led to a significant improvement in net working capital days, reducing to 60 days, even after considering the impact of inventory related to new plywood and laminate projects. Our net debt amounted to Rs. 669.9 crores, which includes project debt of Rs. 549.3 crores.
During the quarter, we successfully commenced commercial production at the greenfield laminate project at Naidupeta, Andhra Pradesh. Commercial production began on September 29, 2023. The state-of-the-art manufacturing facility at Naidupeta has revolutionized our production capabilities, featuring the new laminate size of 6’x14′ (1830 mm x 4320 mm). This larger size has generated considerable market interest, and we expect it to positively impact our market share. The plant’s total capacity is 3.50 million laminate sheets and compact boards, increasing our consolidated capacity for laminates and compact boards to an industry-leading 24.52 million sheets and compact board per annum. During the quarter there were no production and sales pertaining to the laminate unit at Naidupeta plant.
Our greenfield particle board project at Naidupeta, Andhra Pradesh is progressing as per schedule and is expected to commence production in Q4FY24.”
30, Oct 2023
Third Wave Coffee Expands in Bangalore, Opens 46th café in the city, 109th nationwide
30TH October, India: Third Wave Coffee, a coffee-first QSR brand, announced the grand opening of its 46th store in the city at the Phoenix Mall of Asia, Bangalore on Friday. Being one of the largest Malls in Asia, this launch marked a significant milestone with Third Wave Coffee’s 109th outlet in India, showcasing the brand’s commitment to crafting an unforgettable coffee experience. The outlet was inaugurated by Ayush Bathwal, Co-Founder, of Third Wave Coffee, Manish Singh, Group Director and head of Retail Leasing, The Phoenix Mills Ltd., and Basil Mathew, Senior Vice President of Leasing, Phoenix Group.
The store spanning over 1,062 square feet offers ample indoor and outdoor seating for coffee enthusiasts to relax, work, or socialize while enjoying their favorite brews. Patrons can look forward to a delectable selection of coffee and food items from the menu, including special Limited-Time Offerings such as Swiss Mocha Toffee Nut, varieties of bagels, and Choco-Bliss Pancakes. The store also has a dedicated retail section where customers can purchase coffee beans, brewing equipment, and other coffee-related merchandise.
Sanjay Patil, Senior Vice President, Projects, Third Wave Coffee, said, “Our new store at Mall of Asia is more than just a coffee destination. It’s a fusion of design excellence and the coffee culture we cherish. We’ve meticulously woven every element, from the seating to the artwork, to create an unforgettable coffee experience for our patrons. Our new cafe is a step forward in our commitment to expand our footprint across India and bring the best coffee brews and food offerings to the growing community of coffee lovers throughout the country. With the launch of our new store, we are excited to bring our unique coffee blends and food offerings to more people in Bangalore and to share our passion for coffee with them. We are committed to providing our customers with the best possible coffee experience and to making specialty coffee more accessible to everyone.”
The new cafe elevates coffee into an art form and a design marvel. Inspired by the mall’s uber-premium design theme, it seamlessly integrates with the mall’s aesthetics featuring gold and rose gold colours in curved forms, skylights, and intricate coffee-bean artwork. The incorporation of a wood finish imbues the surroundings with a comforting and inviting warmth.
Committed to serving its community with quality and excellence, Third Wave Coffee’s new launch offers discerning customers a warm and inviting space to unwind and enjoy a great coffee break between shopping sprees.
30, Oct 2023
HCLTech to accelerate Banco do Brasil’s digital transformation with Salesforce
BRASILIA, Brazil and NOIDA, India, Oct 30, 2023 — HCLTech, a leading global technology company, has announced that Banco do Brasil, one of the largest financial institutions in Latin America, through a bidding process, has chosen HCLTech to support the bank’s digital transformation and customer relationship management (CRM) journey and implementation of Salesforce.
HCLTech’s partnership with Salesforce will enable Banco do Brasil to hyper-personalize customer relationship and service solutions, generating greater customer satisfaction and engagement within their omnichannel ecosystem, using AI resources, data unification and intelligent guidelines.
“We are proud to be part of the transformation and modernization of one of the most important banks in the country. The partnership with Salesforce is another significant step for HCLTech in accelerating the digital transformation of financial services in Brazil,” said Fabiano Funari, Vice President and Country Manager – Brazil, HCLTech. “We look forward to collaborating with Salesforce to implement one of Brazil’s most complex CRM projects in Banco do Brasil.”
“We are glad to bring our global consulting and transformation expertise on the Salesforce platform to help Banco do Brasil reimagine itself for the powerful digital world with its vision to digitize every touchpoint and transform user experiences,” said Sadagopan Singam, Executive Vice President, Digital Business, HCLTech.
HCLTech will create a dedicated team of specialists with extensive CRM experience to implement Salesforce solutions for Banco do Brasil. HCLTech will use four Salesforce solutions to improve and transform the customer experience throughout Banco do Brasil: Financial Services Cloud, which reduces service costs with automation and empowers the front-office to discover key insights about their customers and their financial needs; Marketing Cloud to deliver customer experiences; Salesforce integration manager , for integration and automation solutions; and Professional Services, to ensure a successful implementation.
The consolidated platform will allow the bank to take advantage of interactions and insights from customers to offer adequate and personalized products, further strengthening its relationship and generating greater efficiency in base expansion and leveraging new business.
“We are excited about the partnership with HCLTech and are confident that our integrated solutions will strengthen Banco do Brasil’s relationship with its customers. We look forward to enabling their digital transformation journey to impact productivity when it comes to sales, customer service and marketing,” said Fabio Costa, General Manager from Salesforce Brazil.
With operations in Brazil for 14 years, HCLTech has presence in São Paulo, São Leopoldo and Curitiba. It continues to supercharge progress for over 200 customers in Brazil, including Fortune 500 organizations.
Salesforce, Financial Services Cloud, Marketing Cloud, Assurance, MuleSoft and others are among the trademarks of Salesforce, Inc.
30, Oct 2023
Torque Pharma Introduces its Newest Product under “Torque Refresh Hair Removal Cream”
Mumbai, India, 30 October 2023 – Torque Pharma, a prominent player in the pharmaceutical sector, has unveiled its Hair Removal Cream as part of the Torque Refresh Personal Care Brand. This hair removal cream is offered in three delightful variants: Strawberry, Aloe-Vera, and Rose essence. It stands out as it is free from ammonia and contains natural ingredients known to be beneficial for all skin types.
The presence of natural components in the cream not only facilitates the removal of fine hair on areas like legs, arms, and underarms without causing burns, nicks, or cuts but also contributes to de-tanning the skin. Moreover, the cream boasts an added moisturizer, ensuring a flawlessly smooth and long-lasting effect in preventing the skin irritation. A notable advantage of this product is that it dissolves hair beneath the skin’s surface, as opposed to merely removing surface hair, resulting in a longer-lasting hair-free experience.
Commenting on the launch, Mr. Abhay Iqbal Singh Bedi, Director of Torque Pharmaceuticals, said, “We are thrilled to introduce our latest offering under the Torque Refresh Personal Care Brand. This cream exemplifies our commitment to enhancing overall quality of life, extending beyond the realm of curing illnesses. With its natural ingredients, this cream ensures that individuals can enjoy long-lasting hair-free skin, accompanied by hydration, brightness, and de-tanning. We eagerly await feedback from our valued customers.”
To cater to a wider audience, Torque Refresh Hair Removal Cream is reasonably priced, providing a generous 60-gram product quantity (50+10). Torque Refresh Hair Removal Cream is available at nearby retail outlets and conveniently purchase it online at Torqueonline.co.in.
30, Oct 2023
HFCL launches India’s first indigenous designed and developed 2 Gbps Unlicensed Band Radio (UBR) for enterprises and telcos
New Delhi, October 30, 2023: HFCL Limited (HFCL), a leading technology enterprise and integrated next-gen communications product and solution provider has showcased its commitment to offer innovative technology solutions with the launch of India’s first 2 Gbps Unlicensed Band Radio (UBR) and Unified Cloud Network Management System (UcNMS) at the India Mobile Congress 2023, Pragati Maidan, New Delhi.
HFCL’s 2 Gbps UBR is indigenously designed and developed to revolutionize last-mile wireless connectivity and bridge the digital divide challenge in the country with fiber-like speeds and efficient spectrum utilization, with its adaptive radio frequency (RF) technology. Marking a significant leap in offering 5G backhauling and carrier- grade enterprise wireless connectivity, the launch of Make-in-India 2 Gbps UBR positions HFCL as a dominant player in the growing Indian and global UBR market.
This innovative product offers a low-latency, 2 Gbps connectivity solution which can operate across an extended 5GHz frequency range. It is designed for easy installation, effortless management, high reliability and has advanced security features to protect from external threat vectors. Further, in comparison to traditional backhaul solutions, 5G wireless backhauling with 2 Gbps UBR will enable HFCL’s customers to save up to 75% on the total cost of ownership (TCO).
In tandem, HFCL has also launched its Unified Cloud Network Management System (UcNMS) to offer easy management and monitoring of its 2 Gbps UBR and other wireless and wireline products in its portfolio. The AI-powered UcNMS is designed to control, monitor and manage access points, switches and UBR devices. It is a comprehensive, end-to-end solution which also creates customized ecosystem, tailored for seamless third- party integration via Open APIs. HFCL’s UcNMS offers AI-based predictive analysis that can anticipate problems and suggest troubleshooting steps to avoid network interruptions. UcNMS facilitates network management and application control, allowing telcos and enterprise customers to seamlessly integrate and adapt to the needs of their customers’ requirements. UcNMS is highly flexible and scalable, allowing customers to deploy it basis the size and architecture of their network. It offers on-premise, private as well public cloud deployment models.
With consumers and enterprises increasingly adopting digital processes, the demand for high-capacity wireless connectivity has been growing exponentially. The market potential for 2 Gbps fixed wireless solution is poised for significant growth fueled by Industrial IoT, smart cities and public safety sectors. Additionally, industries like banking, healthcare, mining, education, hospitality and retail among others are also poised for a revolution in the backdrop of solutions such as these.
Speaking on the launch of revolutionary products and solutions, Mr. Mahendra Nahata, Managing Director, HFCL said, “We are proud to be the first Indian company to launch 2 Gbps Unlicensed Band Radio (UBR) product line in the market and potentially the first one to offer an end-to-end solution combining UBR with a single console – Unified cNMS to enterprises. HFCL’s 2 Gbps UBR is a groundbreaking innovation that will revolutionize wireless access with fiber-like speeds, offering a remarkable 2 Gbps connectivity solution with exceptionally low latency. This revolutionary product will play a crucial role in building 5G network infrastructure and offer last-mile connectivity with its hassle-free installation features and robust reliability.”
30, Oct 2023
Embrace Elegance and Tradition Presenting the Exquisite Karva Chauth Collection from RCKC Aurum
Karva Chauth, a revered cultural occasion, is a tradition-laden celebration for married couples. Acknowledging the importance of the moment, RCKC Aurum has curated a collection that skilfully combines modern fashion trends with the essence of traditions.
For such a memorable occasion, RCKC Aurum’s Karvachauth Collection blends culture and richness to make you sparkle. RCKC Aurum has handpicked an array of outfits that range from fusion wear sarees that speak to modern sensibilities to gorgeously embroidered lehengas that capture the essence of culture and traditions.
Ensembles with intricate sequin and thread work embellishments and a vivid color palette featuring reds, maroons, the ombré effect, and stunning magenta sing together.
Crafted in luxurious materials like organza, tulles, georgettes, and crepes, each piece in their collection is flawlessly crafted to give you an aura of confidence and grace says Designer Renesa Rastogi of Label RCKC Aurum.
Available at: E-5 South Extension, Part 2, New Delhi
30, Oct 2023
Festive Spirit Fuels a 61Percent Surge in Women Applicants: reports apna.co
Mumbai, India – 30 October 23: With the festive season on the horizon, the job market in India is witnessing a notable shift. Apna.co, a leading jobs and professional networking platform in India, witnessed a significant 61% YoY increase in women applicants during July-September 2023 compared to the previous year. The increase in women applicants indicates a growing demand for women professionals across industries, as companies tend to experience heightened activity during the festive season, especially in sectors like e-commerce, retail, and hospitality.
Job Landscape Highlights
According to insights from apna.co, the job market landscape underwent a significant transformation from 2022 to 2023, particularly in the top five job categories: telecalling, accounts, business development, marketing, and delivery. The festive season saw active participation from leading companies like Bajaj, Axis Bank, Paytm, Flipkart, and Reliance, who offered attractive incentives to secure top talent, highlighting the dynamic nature of the job market and apna.co’s role as a key facilitator for both job seekers and employers.
City-wise demand revealed unique patterns such as in Delhi, there was a preference for roles in Sales & Marketing, Customer Support & Sales, and Accounting Technicians positions, while Mumbai displayed high demand for Finance & HR, Sales & Marketing, and Business Development roles. This diverse demand underscores the platform’s ability to cater to a wide range of job preferences and employer needs across different cities.
Job Application Surge
During the period of July-September 2023, apna.co witnessed a 25% increase in its user base compared to the same period in 2022. This surge highlights the dynamic shifts in India’s job market, with job applications experiencing an impressive 36% increase during this timeframe.
User and Employer Growth
According to apna.co, the platform witnessed a substantial increase in employer engagement during July to September 2023, with 78,000 new employers joining the platform, a significant rise from the 42,000 in 2022. This growth was accompanied by a notable increase in job postings, reaching 213,000 compared to 170,000 in the same period in 2022. These trends underscore the platform’s significant role in connecting job seekers and employers in India’s dynamic job market
Nirmit Parikh, Founder & CEO, apna.co commented – “We’ve observed a significant rise in women applicants and changing job seeker preferences over the past year. At apna.co, we’re committed to fostering a more inclusive and diverse job market while connecting job seekers with unique opportunities. Looking ahead, we anticipate further transformations in the employment landscape as we continue to empower professionals and bridge the gap between job seekers and employers. We are dedicated to shaping a brighter, more diverse, and inclusive job market for all as we pave the way for the next generation of professionals in India.”
In an ever-evolving employment landscape, apna.co’s commitment to inclusivity and empowerment shines through. With a remarkable surge in women applicants and significant growth in job applications, user base, and employer engagement, apna.co is reshaping India’s job market. These milestones signify a path toward empowerment, backed by a vibrant job landscape and support from top companies. apna.co continues to be a beacon of hope for job seekers and employers, fostering a brighter, more inclusive job market landscape for the next generation of professionals in India
30, Oct 2023
ReshaMandi empowers silk farmers and reelers through tech enabled cocoon bidding process
Bengaluru, October 30, 2023: ReshaMandi – India’s first & largest B2B marketplace for textile and fashion – has introduced a tech-enabled bidding system for cocoons at their Ramanagara Mandi in Karnataka. The company has successfully taken this process online and streamlined the operations while providing crucial advantages to both farmers and reelers.
The registration process for stakeholders who wish to place bids has been simplified, with minimal documentation required to complete the essential KYC procedure. Reelers express their interests by bidding for a specific lot to the farmer using the ReshaMandi super app on their mobiles. The details of the cocoon lots along with the latest bid prices are displayed on multiple screens at the warehouse. With farmers having the flexibility to sell to the highest bidder, they retain complete control over their rates.
ReshaMandi’s Founder and CEO, Mayank Tiwari said, “At ReshaMandi, our initiatives have always focussed on making the process seamless for our stakeholders. Given the limited shelf-life of cocoons, it is crucial to reduce the farmers’ waiting period at the Mandi. Through tech-enabled solutions, we aim to ensure that the farmers are able to maintain the quality of their cocoons while receiving the best prices through a simplified process. As a partner in their journey, we aim to foster transparency, efficiency, and fair transactions.”
With the rationalised bidding process, transactions now happen much faster and in an efficient manner which means that the settlements are completed in less time, i.e. within a couple of hours. The bidding starts early in the day which results in substantial time-saving for farmers & reelers who can conclude the transactions at the Mandi and focus on their business or spend time with their families.
ReshaMandi’s bidding platform offers an advantage to both farmers and reelers through transparency in the process and awareness of the prevailing cocoon prices. Farmers realize better selling prices and higher margins from the sale of their produce, thereby increasing their profitability.
Similarly, reelers also get access to a consistent supply of desired grades of cocoons at the most competitive prices. All this is facilitated at the ReshaMandi warehouse by levying a nominal transaction fee.
Since the initiation of the new system in the month of August, the Mandi has seen higher traction from stakeholders and a significant surge in the volumes of cocoons traded. This trend is expected to continue with the steady rise observed in the number of farmers and reelers joining the platform on a daily basis.
