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Jayanti Dalmia inaugrates 19th chapter of Flo at Vadodara

The FICCI Ladies Organisation (FLO) 19th Chapter “FLO Vadodara” was launched on Saturday, by Jayanti Dalmia, the 39th President of FLO.
FLO endeavours to promote women entrepreneurs and professionals and assist them to grow professionally. The launch of this Chapter will help bring entrepreneurs both existing entrepreneurs and potential, and other professionals under the FLO umbrella.
“Often known as the ‘Jewel of
 Western India’, Gujarat represents the vibrance of India while Vadodara is one of its leading industrial hubs known for its entrepreneurial spirit. This is the result of old established business houses and the business acumen ingrained in the culture and tradition of Gujarat and we look forward to working actively in Vadodara.” said Jayanti Dalmia, President FLO.
FLO Vadodara is an addition to the 18 existing Chapters of FLO across the country with its headquarters in New Delhi.
The new Chapter will aim at enhancing the capabilities of women through appropriate awareness, training and development programmes that enable women to contribute towards India’s socio-economic growth by fulfilling their individual potential.
Reshma Patel was announced as the Founder Chairperson of the new Chapter along with her dynamic team of Office Bearers, Barkha Amin (Sr Vice Chair), Avni Bhayani (Vice Chair), Rati Desai (Treasurer), and Avni Patel (Executive Secretary).
Talking to media Ms Reshma Patel said“I am thankful to FLO for giving me this opportunity. The FLO Vadodara Chapter will work towards this direction and create the right thrust for women empowerment in the region with special emphasis on supporting entrepreneurship.”
The ceremonial event was further enhanced by the inauguration of the FLO Bazaar, ‘Ariso’ and was very well attended with a strong turnout of Vadodara Chapter members as well as the Presidium, Past Presidents and National Governing Body Members from around the country.
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METRO Cash & Carry India expands its presence in India, launches its first ‘METRO Wholesale’ store in Hubballi

METRO strengthens its presence in Karnataka; increases store count to 31 nationally

  • New store integrated with METRO’s ecommerce app ‘METRO WHOLESALE’ to offer convenient shopping experience for traders and kiranas
  • Store located at Navanagar Road will help generate close to 500 direct and indirect employment opportunities for the local economy
  • Being ‘Vocal for Local’, 99% of products that METRO sells at its stores are all ‘Made in India’

 

National Release METRO Cash & Carry, India’s largest organized wholesaler and food specialist today launched its first ‘METRO Wholesale’ Distribution Center (store) at Hubballi. The new store, which is the company’s 31st wholesale store in India, was inaugurated by Shri Arvind Bellard, MLA, Hubli-Dharwad constituency along with Mr. Arvind Mediratta, MD & CEO, METRO Cash & Carry India; and in the presence of Shri Nitish Patil, Deputy Commissioner and District Magistrate, Dharwad, Dr Gopal Krishna, Commissioner, Hubli Dharwad Municipal Corporation, and key supplier partners from the city. METRO India has expanded its operation to north Karnataka with Hubballi, the company’s eighth store in the state after six operational stores in Bengaluru and one in Tumakuru.

Spread over 34,000 sq.ft., the Hubballi store is strategically located at Navanagar Road and is a one stop destination for the daily needs of business customers in the city. The store, initially catering to over 35000 registered business customers, will fulfill the business requirements of kiranas and traders; Hotels, Restaurants & Caterers (HoReCa); Services, Companies and Offices (SCOs) and self-employed professionals. Apart from Hubballi, the store will cater to customers from Hubli-Dharwad and neighboring districts and talukas like Gadag, Haveri, Nargund, Navalgund, Kalgathagi, Davangere amongst others.

The new store offers METRO’s promise of 5 star quality, wholesale price and everything under one roof, and stocks a wide array of globally benchmarked quality assortment of over 8000 products in both food and non-food category. The store will help generate close to 500 direct and indirect employment opportunities for the local and state economy. The store is also integrated with METRO’s B2B e-commerce app- ‘METRO Wholesale’ App for traders and kiranas and will offer them the convenience of browsing and ordering online, and getting their stocks delivered at their doorstep through GPS enabled trucks.

Speaking about METRO’s commitment towards sustainable expansion in India, Mr. Arvind Mediratta, MD and CEO, METRO Cash & Carry India said, “We are delighted to expand our operations north of Karnataka with our eighth store in the state and bring the METRO Wholesale experience to the culturally rich city of Hubballi. As Champion for Independent Business, we are committed to empower the small businesses and MSMEs in Hubballi by providing a robust distribution network as well as boost the local supplier eco-system. As we expand our footprint in the state, we are enabling employment opportunities for over 500 youth in various operations, directly and indirectly, which will provide a huge impetus to the local economy.

He further added, “With the opening of our 31st store in the country, we are bullish on our India expansion; we will continue to add more stores; create more job opportunities; upskill the local talent; strengthen the indigenous sourcing and implement METRO’s globally benchmarked quality and best practices to fulfil the larger vision of AatmaNirbhar Bharat.”

As Champion for Independent Business, METRO has always been committed to support the local business eco-system; 99% of products METRO sells are all locally sourced from MSMEs & local suppliers. The Hubballi store also provides a robust platform to several indigenous regional brands such as MWB Commodities, SVT oil range, Vaishnavi Rice, SVRM Rice amongst others to cater to the local consumption needs.  Apart from range of fresh fruits & vegetables, the store has varieties of rice, pulses, flours, spices, oil & grains, dry fruits and array of other commodities. The store will also offer a variety of METRO’s Own brand products that are competitively priced to provide value proposition to customers. The store houses hotel and restaurant supplies, office supplies along with multitude of products in the non-food segment such as electronics, apparels, textiles, households, stationary, home improvements, footwear, luggage etc. Apart from a diverse product range, METRO Wholesale members will receive expertise and assistance from METRO’s commodity experts and access to a loyalty program designed to make their buying experience more seamless and affordable.

METRO has been at the forefront of enriching independent businesses and empowering the Kirana ecosystem through its Smart Kirana program. A first of its kind initiative, the program helps traditional mom and pop stores to transform with modernization and digitalization solutions to compete in the modern retail landscape. METRO is leading the way in kirana digitization and has so far helped modernize operations of over 2000 kiranas across the country

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DaMENSCH partners with SOS Children’s Villages of India to give 100 children the #GiftOfComfort

India: Come the most cheerful time of the year, and the world transpires into a happy comfortable place. Unfortunately, not everyone is privileged enough to have the luxury to enjoy this comfort. With more than 30,000 children left parentless by the pandemic, is it important that we come together and work towards giving them a better future. Igniting this spirit of giving, premium men’s conscious-fashion brand DaMENSCH announced its campaign Gift Of Comfort, where it will donate a part of all purchases made on its website from December 25 – January 5 to India’s largest self-implementing child care NGO – SOS Children’s Villages of India. The funds will be used to brighten the new year festivities of these children by providing them with better livelihood. 

Each purchase made between 25th December and 5th January 2022 will be a contribution that benefits the lives of 100 children across the country. The curative programme of SOS Children’s Villages of India reaches out to more than 6,500 once-parentless or abandoned girls and boys in 32 SOS Children’s Villages across the country. Each children’s village has 12-15 family homes, with every home consisting of 10 children on average along with an SOS Mother. All-round development, including education, nutrition, health and psychological development, is taken care of till these children are well settled in life.

Sharing his views on the noble

 

cause, Gaurav Pushkar, Co-founder – DaMENSCH, stated, “With the pandemic hitting hard, it has become all the more important for society to come together and help communities in need. At DaMENSCH, we are inspired by the principle of living and working together for the greater common cause. This is the season of happiness and giving. This year has been challenging for many and, as a conscientious brand, we are dedicated to bringing more smiles to those in need. In line with this aim and to amplify our CSR efforts, we are proud to partner with SOS Children’s Villages of India to serve parentless and abandoned girls and boys throughout India.” 

Commenting on the support, Mr. Sumanta Kar, Secretary General, SOS Children’s Villages of India, said: “These times are extremely challenging for all of us, and more so for vulnerable children and communities. Many have lost livelihoods and children have lost parental support. We, at SOS Children’s Villages of India, are extremely committed to the cause of uplifting the caregiver and, subsequently, communities to secure wholesome childcare and development for the most vulnerable. When we come, together, to serve the greater good, the impact is magnified and more expansive. We thank DaMENSCH for their support in amplifying our efforts.

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CITTA Baby Products Marry the Gift Of Ancient Wisdom With Modernity

 

Pune : Inspired by the traditions and knowledge of childcare passed down by grandmothers to mothers, the #Dadi Nani Ke Nuskhe is what CITTA’s range of baby care products pride in. Powered by the prestigious Lexicon Group of Institutions (Pune), this home grown brand brings to millennial parents specially curated baby products for the age groups of 0-5 years. Working on the principle of ‘Tradition backed by Science’ all CITTA products are a culmination of painstaking research into rituals, customers and best practices in baby rearing and caring. Therefore, each one has been designed with thought and age-old wisdom married with state-of-the-art technology and natural Indian ingredients.

 

Keeping in mind the tender and fragile skin of babies and toddlers, CITTA’s formulations are Safe and Tested that work well for the fast-paced demanding self-sustained life of millennial couples today. That is why, they are developed using natural ingredients and are guaranteed free of parabens, sulphates, silicones, mineral Oil and allergens. Keeping the motto of transparency as a way to serve each parent, CITTA mentions each ingredient clearly on its packaging.

Whether it is the various natural oils, or the oat silk, or the multiple extracts, each one of them has been combined withprecision in a controlled environment and have received all the safety approvals.

Ranging from hair and body cleansers to massage and oiling products for babies CITTA has introduced 11 SKUs that are dermatologist approved, plumed with skin friendly pH, usingGood Manufacturing Practices (GMP) that are cruelty free.This is one reason that the CITTA range of baby-friendly products are already being appreciated by parents from all strata of society.

 

The bestsellers Baby Balm aka (body butter) for example is loaded with the goodness of Shea butter, that fights drynessand provides deep nourishment to a baby’s skin. It is a soft and supple anti-microbial formula that guarantees longer lasting moisturization due to its unique blend of 7 nourishing oils that provides nourishment, protection and replenishmentand the love of natural antioxidants. The Talc Free Baby powder is an incredible combination of oat silk and corn starch that prevents rashes and itchiness with a supreme absorption capacity and allows its skin-friendly pH properties to help your baby’s skin stay fresh throughout the day.

Similarly, the specially formulized Baby oil is an amazing amalgamation of 12 nourishing oils.  Because of this, natural nourishment to skin is guaranteed with long lasting effect, protecting a baby’s tender skin. Non allergic, non-sticky, a fragrance-free formula, the Nourishing Baby Oil is anti-microbial Anti-inflammatory. Other products include CittaTender Foaming Baby Wash, Moisturizing Baby Balm, Soothing Talc Free Baby Powder, Nourishing Baby Massage Oil, Gentle Foaming Baby Shampoo No Tears, to name a few.

Apart from e-retail platforms, the products are now available in 130 and more top medical stores across Pune and Pimpri Chinchwad.

For more information on product range and composition, log onto www.cittaworld.com/

 

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Alembic Quarterly Results: India Formulations business up 23% Net Profit Rs 169 crore

Vadodara, November 10th, 2021
Alembic Pharmaceuticals Limited reported its consolidated financial results for the quarter ending 30th September 2021.
Financial Highlights
Net Sales for the quarter at Rs 1292 crores.
Net Profit for the quarter at Rs 169 crores.
Net sales for H-1 FY21 at Rs 2618 crores.
Net profit for H-1 FY21 at Rs 334 crores.

Mr. Shaunak Amin, Managing Director, Alembic Pharmaceuticals Limited said “India Branded Formulation business has posted a strong growth rate for the second consecutive quarter. This is attributed to the consistent efforts to redefine our business strategy and customer relationships, leading to a strong operational performance, along with a market outperforming growth across all our key product segments and therapy areas.”

Operational Highlights
International Business
US Generics at Rs 348 crores in the quarter and at Rs 716 Crores for H-1.
Ex-US International Formulations at Rs 197 Crores in the quarter and at Rs 394 Crores for H-1.
5 ANDA approvals received during the quarter; 150 Cumulative ANDA approvals.
3 ANDA filings during the quarter; Cumulative ANDA filings at 214.
India Formulations Business
India Formulations Business at Rs 509 crores in the quarter and at Rs 989 crores in the H-1.
Acute & specialty segment grew faster than represented pharma market.

API Business
API business at Rs 239 crores in the quarter and at Rs 519 crores for H-1.
3 DMF were filed in the quarter.

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Avni announces awareness campaign titled #PeriodMeinRaksha, on the occasion of Raksha Bandhan

New Delhi, 20 August, 2021: Avni – a menstrual health startup has launched a new awareness campaign titled ‘PeriodMeinRaksha’ on the occasion of Raksha Bandhan.

The campaign aims to normalize the conversation around periods across genders and generations. The idea is to focus on men and make it simpler for them to understand the concept and practices so that they further lend the right support to women.

The campaign begins with the founder sharing their experiences about normalising the conversation around periods. Further, Avni shall invite audiences to share their image with their father or brother and their experience of having a dialogue with them on the subject.

The campaign shall commence with the brand organising a workshop – ‘Men in Menstruation’ wherein experts shall address the topic to men and hold a knowledge-sharing session.

Avni’s #periodhelpline receives a lot of queries and messages from fathers of young girls, husbands, college students that they were keen on knowing more about the topic. This campaign was conceptualised to create a reliable knowledge resource for these men who #caretoprotect.

“In this quest, we take one step to sensitize men about periods, what exactly happens inside and how they can be cognizant and supportive towards it. Through focused workshops, our experts will help take them through real-life situations and share tips to help them in making the women less hesitant about talking in front of them,” said Mr. Apurv Agrawal – Co-Founder, Avni – Menstrual healthcare startup.

The campaign will be executed on the social media platforms of the brand, as well as through digital sessions. The startup shall invite Dr. Neeta Dhabhai – Consultant Obstretician and Gyneacologist, Deputy Director, WHO Collaborative Center for Research, Chairman and Director, Unfold Foundation to conduct the workshop, impart information and real life tips to improvise the social inhibitions related to the period. Avni intends to conduct these workshops on a regular basis.

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Saudi-Based Dr Siddeek Ahmed Awarded 2021 Pravasi Bharatiya Samman Award for Sanitization Revolution

At a special ceremony held at the Indian Embassy in Riyadh, Eram Group Chairman and Managing Director Dr. Siddeek Ahmed, was officially presented with the 2021 Pravasi Bharatiya Samman Award (PBSA) by the Ambassador of India to the Kingdom of Saudi Arabia, H.E. Dr. Ausaf Sayeed.

Conferred by the President of India as a part of the Pravasi Bharatiya Divas (PBD) Conventions organized annually since 2003, this award acknowledges august members of the Indian community and their tangible contribution in social and humanitarian upliftment. This year, Dr. Ahmed was one of only 4 recipients from the Middle East and the only one representing the Kingdom.  The pandemic didn’t allow for the more elaborate ceremony that is usually held in New Delhi annually every year, but the sense of occasion and sentiment was palpable at the embassy.

Eram Group’s interests in India remain far and wide and the company employs 2000+ across 5 states who focus primarily on developing indigenous technology tailored to local requirements primarily in the sanitation space via a R&D-based social enterpriseEram Scientific Solutions, acquired by Dr Ahmed in the year 2011.

The innovative ‘e-Toilet’, which is an automated public sanitation solution in line with the Swachh Bharat Abhiyaan is the result of this was duly showcased at the UN Innovation exhibition and recognized by the United Nations country representative for its game changing potential.

The patented e-Toilet has had more than 12 million users till date and an average of 9,000 daily users across India. Eram Scientific Solutions has already won more than 44 national and international accolades for its inspiring contributions in introducing high-end, future proof and scalable technology in the sanitation space. Dr. Ahmed also received the Toilet Titan award from Indian Prime Minister Narendra Modi at the Safaigiri Summit in 2015, a salute to the Eram work ethos and the dedication of its 8,000 plus employees from over 20 plus countries.

Lauding Dr. Ahmed’s unwavering commitment to addressing the critical challenges faced by humanity, Dr Sayeed noted that the company’s innovative products and services had made many a Smart Cities safer, cleaner, smarter and prouder making him a worthy recipient of this eminent award.

Expressing his gratitude to Indian President Ram Nath Kovind and Prime Minister Narender Modi for the honor and thanking the Pravasi Divas committee, not to mention Dr Sayeed and the Indian Embassy in Saudi Arabia, Dr. Ahmed took this opportunity to acknowledge the importance of having a strong base.

“Thanks to strong partnerships, the unwavering commitment of our team, and their industry, Eram Scientific Solutions has installed 4,000+ e-Toilets across India, Kuwait, Nepal and the MENA region over the years. The plan now is to continue our work and enhance the lives of people across the world with our innovative approach to infrastructure development.”

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Grand Maratha Foundation joins hands with Cabinet Minister, Aditya Thackeray

Relief aid would be provided to Konkan flood-affected victims by GMF through this association

Mumbai, August 19, 2021: Grand Maratha Foundation, a non-governmental organisation in Maharashtra extended their support to the severely flood-affected victims across the Konkan region under the guidance of Shri Aditya Thackeray, Cabinet Minister, Tourism and Environment Government of Maharashtra.  This relief aid consists of 6000 bottles of floor disinfectant, 10000 bottles of hand sanitiser, 10000 disinfectants soaps, 2400 blankets, 2400 bedsheets, medicines for 5000 People, and clothes. This aid will be distributed through the channel of the Government of Maharashtra at different flood-affected areas.

The aid was provided in the presence of Shri Aditya Thackeray (Cabinet Minister, Tourism and Environment Government of Maharashtra),  Shri Varun Sardesai (Secretary, YuvaSena),  Shri Yogesh Nimse (Joint Secretary, YuvaSena), and  Shri Rajesh Tawade (Director Meyer Organics Pvt. Ltd).

The association was conducted under the guidance of Ms Madhavi Shelatkar, Trustee, Grand Maratha Foundation and Mr Rohit Shelatkar, Founder, Grand Maratha Foundation.

Speaking on the relief aid distribution, Rohit Shelatkar, Film Producer & Founder, Grand Maratha Foundation said, “The rainstorm and mountain slides in the Konkan region severely affected thousands of families residing in those areas. As Grand Maratha Foundation thrives with the purpose of helping the ones in need, we initiate various drives to provide as much relief aid as possible to such families. As a result of our association with Shri Aditya Thackeray, we would now be able to reach more and more flood-affected victims across the region and provide them with the necessary support.”

About Grand Maratha Foundation:

Grand Maratha Foundation provides all-around educational support to farmers, including lessons on fair pricing to efficient distribution and modern techniques so as to empower the farmers in creating a better livelihood for them and break the vicious circle of debt and poverty. With a special focus on Vidarbha, Grand Maratha Foundation also provides financial help to empower the farmers by providing their children with the best education. The Foundation has also spurred allied activities in the agrarian and rural sector which involves widows, providing them with a means for earning their livelihood. They have also introduced and encouraged e-Learning through the donation of computers to schools. The Foundation is active in the regions of Akola, Amravati, Yavatmal, Chandrapur, and Nagpur in Maharashtra taking care of all-around development of farmers and their families. The aim is to get farmers to be future-ready by minimizing the operational glitches and empowering them to live a better life.

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Agarwal Industrial Corporation Limited shines again, reports 277% Growth in PAT in Q1FY22 (YOY)

Mumbai, August 18, 2021: Agarwal Industrial Corporation Limited (BSE: 531921 |NSE: AGARIND ), one of India’s largest integrated player in Bitumen, continued its growth trajectory, closing the first quarter of F.Y. 2021-22 with triple digit growth in both top and bottom line.

The Consolidated Revenue of the Company grew 177% (YoY) to Rs. 407.94 Crore. The Company, along with its subsidiaries, continued to maintain its track record of consistent growth performance. The consolidated profit after tax grew 277% YoY toRs. 15.07Crore. The Company has built a credible track-record in building scale and delivering high growth consistently. PAT margin of the Company stood at 3.68% as compared to 2.7% in the last quarter.  The Board of the Company has declared a final dividend of INR 1.80, subject to the approval of shareholders.

Highlights of the Quarter Ended June 30, 2021
(Consolidated) (Standalone)
Amt.

(Rs. in Crore)

% Growth (YoY) Amt.

(Rs. in Crore)

% Growth (YoY)
Total Revenue 409.23 176.69% 366.94 170.96%
EBITDA 25.51 181.57% 16.20 181.40%
EBITDA Margin 6.23% 4.42%
PAT 15.07 276.99% 7.18 498.36%
PAT Margin 3.68% 1.96%
EPS (Not Annualized) (in Rs.) 12.84 229.23% 6.12 423.08%

Commenting on the successful results:

Mr. Lalit Agarwal, Whole Time DirectorAgarwal Industrial Corporation Limited, said “AICL is consistently pursuing its goal of accelerated high-value growth. In the first quarter, once again we delivered – with strong and profitable growth in all businesses. The strong performance of our company was demonstrated in the first quarter by triple-digit revenue growth and increased profitability. With a strong liquidity position, a demonstrated ability to deliver execution and profitability, we are confident to weather the crisis as well as to capture opportunities in a resilient non-recession market of bitumen.”

Mr. Jaiprakash Agarwal, Managing Director, Agarwal Industrial Corporation Limited, said:  “Q1FY22 marks yet another robust quarter with strong progress driven by petrochemical business. This quarter led to the successful acquisition of Agarwal Translink Private Limited, which is believed to be a definitive step toward strengthening of financials and unlocking of higher value and greater opportunities in the logistics segment. Our endeavor to strengthen our balance sheet and improve business visibility and stability continues – which will be forming the basis for growth going forward.”

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Ayurvridhi is created with a vision to uplift human lives through ayurvedic science.

Ayurvridhi, an ayurvedic brand, pioneered India’s first oil filled transparent capsule technology. The company derives its name from Sanskrit, ‘Ayur’ means life and ‘vridhi’ equates to growth. It has a strong online presence and caters to customers across India. The company looks forward to grow internationally while simultaneously expanding its offline reach.

“Ayurvridhi is created with a vision to uplift human lives through ayurvedic science. We believe in the power of Ayurveda to heal human body not just externally but internally,” said Jaivardhan Agarwal, founder of Ayurvridhi. The company has set in motion a transformational shift in the perception of ayurvedic medicines. While Ayurveda as a branch of medicine was viewed with suspicion, the company remained true to its Indian roots. Ayurvridhi is grounded in research and uses a careful blend of age-old tradition and modern technology to bring about noticeable results with their oil filled liquid capsules. These lifestyle supplements disintegrate immediately into the body to provide maximum efficiency. The company’s revolutionary transparent capsules stem from the belief, ‘you see what you eat’ and instills trust in their customers. With the advent of Ayurvridhi, people have now accepted Ayurveda as a way of life, and the positive customer reviews are only a testament to this,” said Jaivardhan – Founder of Ayurvridhi.

The company offers a wide array of products ranging from neem and peppermint oil capsules that heal the skin to black cumin oil capsules that has rich antibacterial properties, amongst other products with rejuvenating properties.

Ayurvridhi strives to create a sustainable brand by sourcing raw materials native to a region. Each ingredient is handpicked from the interiors of rural India where the company has a mutually symbiotic relation with the farmers and traditional artisans. The raw materials are ethically sourced from farms who employ environmentally sound farming practices. In turn, the company encourages independent trading practices and empowers local producers through the elimination of the middle man. The entire supply chain is 100% organic and employs vegan practices. Each product is designed in-house since its inception – from the capsule to the recyclable packaging in the form of glass bottles and metal caps wrapped in biodegradable cartons. This is a true made in India story. The product is tailored keeping the consumer’s wellbeing in mind, the consumers should not only love using the product but must also feel proud about it.

While the pandemic created ripples worldwide, it acted as a blessing in disguise for Ayurvridhi.  People started turning towards Ayurveda as an alternative and healthier form of medicine. The company provided a much-needed substitute with Ayurvridhi that ensured holistic nourishment to the mind, body and soul. It has disrupted the industry with its integrative medicines.

This is a company that anticipated the needs of the country and has been ahead of the curve. Ayurvridhi’s products are now just a click away:

Website link: https://ayurvridhi.com/