All posts by Neel Achary

Express Avenue welcomes Spanish fashion brand MANGO to its premises

Chennai: Express Avenue Mall, Chennai’s premium award-winning fashion and entertainment mall recently opened its doors to the Spanish fashion brand- MANGO. The store is 2000 sq ft in size located on ground floor of the mall.

MANGO is an internationally famous multinational, which designs, manufactures and markets women’s and men’s clothing and accessories.

Commenting on the launch, Munish Khanna, Chief Revenue Officer, Express Avenue, said, “We are glad to have MANGO on board. It has been our endeavour to give our customers the power of making quality choices. Express Avenue has been in the forefront in getting the best of the brands in the city first. International brands such as Under Armour, Mont Blanc, Bath & Body Works, H&M, and Armani to name a few. We also opened Chennai’s First- Mount Road Social.”

The authorities and staff at Express Avenue ensure that all the social distancing norms are diligently followed. As a process since opening, all the regular touch points are frequently sanitized by the malls. Sanitizers have been placed at vantage points across Express Avenue and temperature monitoring for customers is must. A help-desk/ first-aid point has also been set up for customers.

Sikka Group to deliver 200 homes by end of 2021

New Delhi: With several supportive policies announced by the government for the real estate sector, Sikka Group has set a target of delivering 200 homes by 2021. Meanwhile, Sikka Group is also issuing many attractive offers for home buyers. The Group also organized ‘Sikka ke Superstars’ at Madhuban Hotel, Rajpur Road, for its channel partners on Thursday to recognize their contribution to the success of the company.

It is worth noting that while the real estate sector has seen many ups and downs in the past many years, the government has announced several policies to provide a boost to the sector. Meanwhile, the real estate company Sikka Group will soon deliver 492 homes in Dehradun’s Doon IT Park housing project Sikka Kimaya Greens and Sikka Kingston Greens in Hathibarkala. At the same time, the Group has announced to give around 200 houses in these projects by the end of the current year. For this, the Group will invest Rs 50 crore.

Sikka Group MD Harvinder Singh Sikka said, “The government is fully aware of the real estate sector and is making various efforts to accelerate it. The city of Dehradun is a rapidly emerging market for the real estate sector and is expected to witness rapid demand for homes in the market in the coming times. The development projects proposed here and being nominated under the Smart City Mission will increase demand for houses in this city and will make it an important market for the property sector.”

Vedanta Jharsuguda wins the ‘Best Exporter’ Award by Govt. of Odisha

Bhubaneswar, Odisha: Vedanta Jharsuguda, India’s largest producer of aluminium and value-added products, has won ‘Best Exporter’ Award for the years 2017-18 & 2018-19 at the Odisha State Export Award. Organized by the Directorate of Export Promotion & Marketing (DEPM), Odisha, the awards were presented to the company in a virtual ceremony chaired by the Hon’ble Chief Minister of Odisha, Shri. Naveen Patnaik. Mr. GG Pal, Chief Operating Officer – Metal, received the awards on behalf of the company.

Vedanta’s Jharsuguda plant was awarded for being the largest exporter from the state of Odisha consecutively for two years, 2017-18 and 2018-19.

Vedanta’s aluminium smelters at Jharsuguda produce an array of top-of-the-line products such as Ingots, Billets, Wire Rods, Primary Foundry Alloy (PFA), Slab, and others, for domestic and global markets. Manufactured using state-of-the-art technology, these products are acclaimed globally for their quality and performance standards and cater to critical industries like aerospace, automotive, construction, electrification, transportation and others. The company has a strong overseas clientele and is a leading exporter of aluminium and value-added aluminium products from the country.

Glimpse from the Best Exporter Award ceremonial function Vedanta Jharsuguda wins the ‘Best Exporter’ Award by Govt. of Odisha

Speaking about the awards, Mr. CN Singh, CEO – Vedanta Ltd., Jharsuguda, said, “I thank Shri. Naveen Patnaik, Hon’ble Chief Minister of Odisha, and the Directorate of Export Promotion & Marketing for awarding us with the coveted ‘Best Exporter’ awards. Vedanta’s Aluminium Business has been a long-time partner in the state’s socio-economic progress, with significant contribution towards GDP, employment and quality of life. Our Jharsuguda smelters single-handedly produce more than one-third of India’s aluminium, strengthening the state government’s endeavours to ‘Make in Odisha’ for the country and the world. These awards will bolster our commitment to emerge as the world’s best and most sustainable producer of aluminium, transforming natural resources into tools of economic prosperity and fulfilling the needs of the country.”

Receiving the awards on behalf of the company, Mr. GG Pal, COO – Metal, Vedanta Ltd., Jharsuguda added, “It was my honour to accept the Best Exporter’s Award. At Vedanta, our efforts are dedicated towards fulfilling the state’s vision of becoming India’s most preferred destination for business.”

Vedanta is India’s largest producer of the green metal, aluminium, operating a world-class 1.6 MTPA aluminium smelter and 3615 MW thermal power generation facility in Jharsuguda, Odisha. The only Indian smelter in the global ‘1 Million Tonne’ production and export club, Vedanta Jharsuguda is a leader in value-added aluminium products that find critical applications across core industries. With one of the largest technically qualified and diverse workforces in the country, the company is working towards a sustainable and greener future for all by spurring emerging applications of aluminium, the ‘Metal of the Future’.

The ‘Aayas Prayas Trust’ Conferred Pratibha Awards Online

The ‘Aayas Prayas Trust’, Jasola Vihar organized Online Pratibha Awards to recognise the sports-based talent of children associated with the trust. Ayas Prayas charitable trust is an organisation engaged in providing holistic education by keeping the all-round development of underprivileged children continuously in focus. The selfless, dedicated volunteers teach children every day and even in these testing times, they keep them engaged in the online classes, the new normal. They also ensure that the Books and other essential items which facilitate learning are provided to the students from time to time.

Padma Srinivasan, Principal, DPS RK Puram

The distinguished cricket player, Mr. Kapil Dev graced the occasion of Pratibha Awards as the chief guest. Shri Kapil Dev captained the first World Cup win for India in 1983 and made India a force to reckon with in the world of cricket. Ms Padma Srinivasan, Principal of Delhi Public School, Ram Krishna Puram consented to be the special guest to encourage the children with her charismatic presence.

Kapil Dev

Students were given prizes for their performance in various events like sports-based speech competitions, app-based race competitions, Walkathon, Google-based sports quiz, and drawing competitions. 150 children took part in the competition. All the sports competitions were held online due to Covid pandemic. The students presented the importance of sports, physical exercise and yoga through various competitions and performances. The children showcased musical yoga dance, patriotic dance and dance based on the Clean Ganga campaign.

Mr Kapil Dev in his talk told the children that one must believe in Karma and Struggles that we face in our everyday life and should feel fortunate to have the small blessings of life. We should share 5 per cent of what we have with others.

Ms Padma Srinivasan in her address said that it is the duty of every citizen of this country to give what we receive. She asked the children to remain indebted to this country which has given so much and in return, must contribute in any capacity we can to keep the tricolour fly higher and higher in the coming years.

Mr Kapil Dev wished the children all the best for the upcoming examinations. Ms Padma Srinivasan promised to provide necessary education-related support to make learning a pleasure for these underprivileged children.

FreeHit Fantasy signs up Cricketer, Surya Kumar Yadav as Brand Ambassador!

Hyderabad: FreeHit Fantasy, one of India’s fastest-growing fantasy apps, has onboarded popular cricketer, Surya Kumar Yadav as the brand ambassador. Surya Kumar Yadav will be the face of the app and promote the app on multiple platforms. The company believes that Surya Kumar Yadav is leading the pack of emerging cricketers in our country and perfectly complements the Free hit app, which is making rapid strides in the fantasy gaming industry. It is to be noted that Surya Kumar Yadav put up a stellar show at the recent Indian Premier League and contributed to title win of the Mumbai Indians.

FreeHit Fantasy is an intuitive fantasy gaming application that is available on iOS, Android & Web. The application launched prior to the IPL season has been growing at an exponential rate. The promoters of the company are confident that the company will close FY 21-22 with ₹50 Mn revenue and 2 Mn users.

Dr Harsh Kumar Bhanwala, Executive Chairman, Capital India Finance Ltd (CIFL) on RBI policy announcement

Dr. Harsh Kumar Bhanwala, Executive Chairman, Capital India Finance Limited (CIFL)

“With this accommodative stance, the RBI is expecting normalization of sectors as the CRR will further open up space for a variety of market operations and make lending easier. The RBI extending Targeted Long Term Repo Operations (TLTRO) to NBFCs will further enhance credit flow and potential for the affordable housing sector, SMEs, infrastructure projects, etc. Since the resident individuals can now make remittances to IFSCs for NRIs, it will increase the flow of remittances from foreign countries.”

Spayee launches India’s first subscription based recurring the payment model for Course creators

New Delhi: Noida-based Spayee, a knowledge commerce platform, which lets creators create, market and sell their courses online through their own white labelled course platforms, has launched India’s first recurring payment subscription model for its customers to collect recurring payments against their course sales.

Spayee aims to serve as a strong online course creation platform for the creators, were building a scalable online course business is quite conveniently possible. It has been consistently providing its users with new updates & enhanced experience. With the current one-time payment model, creators were not able to generate steady recurring revenue and they were also struggling in holding users for long terms and generating revenues from them.

With the launch of this new feature, course creators can charge course fees like membership subscriptions where learners would have to pay monthly, weekly or annually.  Subscriptions bring in recurring revenue which is a more reliable and predictable stream of income than one-time payments. Creators who update their content regularly or want to build a community for their users rather than just process single transactions can start offering subscription-based accesses.

To mention a few, creators like fitness trainers, food bloggers, yoga instructors, dance & music trainers, coding trainers or any other training programs which involve continuous communication, ongoing webinars or personal coachings can use a subscription-based model.

“The beauty of the subscription model is that you work on creating long-term recurring revenue, rather than immediate one-time transactions for products & services”, says Subilal K – Co-founder, Dailyskills – an e-learning marketplace powered by Spayee, which helps in learning skill development courses.

“We are glad to introduce India’s first recurring payment subscription model for our customers since the majority of our consumers were demanding this type of payment model. The idea is to help the customers and merchants engage in an ongoing relationship with their customers, rather than a one time purchase. Currently, we have launched the beta version of the model and the feedback has been fantastic”, says Sandeep Singh, Co-Founder, Spayee.

So far, Spayee has served 1,000+ creators globally. The feedback on the Subscription feature has been overwhelmingly positive and more than 50 customers have already started using it in the beta phase.

The feature is now available to all users. Along with this, now Spayee customers will also be able to customize post-payment Thank you pages too.

PR24x7CCI initiative to help businesses during COVID times

February 2021: The coronavirus pandemic has not only led to a huge loss of human life in many unprecedented ways but has also victimized many small and big businesses. The economic disruption caused by the pandemic is very devastating and people are still struggling to recover from the impact of the lockdown imposed during this time. Aviation, Tourism, Hotels, and other big-small businesses suffered the most. Many businesses have already been shut down, while some are still struggling to survive. In such a situation, the #PR24x7CCI campaign aims to compensate for the losses the businessmen are facing during this Covid period. Through this campaign, you can reach out to many customers all over the country and expand your brand value in the market. The initiative is launched by PR24x7, one of the country’s renowned public relations companies, in which they are offering to publish press releases, feature articles, or visual content related to your business in both online and print media for free. For more information in this regard, you can mail to Reputation@pr24x7.com or contact 7869917072.

Talking about the initiative, Phool Hasan, Senior Manager of the company says that, “The purpose of the #PR24x7CCI initiative is to provide relief to the businesses suffering from the effects of the pandemic. These will not only help small companies and entrepreneurs to create an identity on the national level but will also benefit those big industries or businesses who want to strengthen their hold in 2 or 3 tier cities.”

One can avail of the benefits of the initiative till 31 March 2021 on a first-come-first-served basis. The organization will give priority to the first 150 companies. This campaign will be beneficial for the businesses who have lost their grip on the customers or suffered from huge losses during the lockdown imposed due to Covid 19.

To know more about this campaign, you can contact Reputation@pr24x7.com or 7869917072.
LINK: https://links.pr24x7.com/pr24x7cci

RBI’s stance to support growth in sync with fiscal policy; Low mortgage rates to sustain housing demand

By Dr. Samantak Das, Chief Economist and Head of Research, JLL India

RBIs decision of keeping the repo rates unchanged and maintaining an accommodative stance will provide the much needed support for the nascent recovery of the economy during 2021. The initial green shoots of recovery are already visible and is expected to gain strength in the coming quarters. This decision by the Central Bank is in sync with government’s recent Union Budget which emphasised on augmenting capital expenditure while keeping the fiscal targets at bay in the short term.

The easing of retail inflation to 4.9% in December 2020 and expected benign outlook has provided the elbow room to maintain the policy rates and support a sustained recovery of the economy. RBI’s expectation of GDP growth at 10.5% during FY 2021-22 indicates growth in jobs and incomes.

The status quo on the policy rates is a welcome step for the homebuyers as they can take advantage of the prevailing lowest mortgage rates. Banks and Housing finance companies are expected to increase mortgage lending due to stable interest rates and comfortable liquidity environment. The demand for housing, which has shown initial signs of recovery in the latter part of 2020, is expected to sustain if the favourable interest rates and price incentives by real estate developers are further supported by economic recovery and improved job scenario.

Gyan Dairy marks its milestoneby completing 50 Gyan Fresh Stores in UP

Uttar Pradesh:With a mission to deliver purest and freshest dairy products to its consumers, Gyan Dairy, the UP based dairy brand is bullish over expanding its markets and growing its presence. Recently, the brand has achieved its milestone by opening its 50th store, hence proving its commitment towards the consumer – Vishwaas se Bhara.

Gyan opened its 50thGyan Fresh Store, in Kanpur, Uttar Pradesh. The brand opened its first Gyan Fresh Store atAshiyana Lucknow and in a short span of time has expanded their retail footprint considerably. One of the reasons for these fast-growing numbers is the huge demand that the company enjoys in the market and second is its state-of-the-art processing plant with advanced technology, which maintains the maximum nutritional value and supplies safe & hygienic dairy products.

Today, Gyan operates stores across various cities in Uttar Pradesh that includes Lucknow, Kanpur, Gorakhpur and provides enhanced customer experience by offering freshest milk and quality dairy products.

“We are excited and thrilled to complete our50th Gyan Fresh Store in Uttar Pradesh! The journey so far has been exciting and promising. With our tagline, “Vishwaas Se Bhara”, we stand true to the purity and quality of the products. It’s true that COVID 19 pandemic brought a lot of focus on health and hygiene that led people to make conscious choice of healthyeating and opting for safe & hygienic products. Keeping that in mind, our Gyan Fresh Stores make sure that the products are in sync with quality and safety measures. With this milestone achievement, we are committed to bring the best products to our consumers”, says Mr. Venkataramani Santhanam, VP, Sales & Marketing, Gyan Dairy

The Gyan Fresh Stores provides a full line of dairy products, fermented, several other value added products like Butter, Ghee, Chaach, Lassi, Paneer and Khoya and special GyanAndaaz Range offering MishtiDoi, Kheer, Peda and KajuKathli. The range is quality branded packaged products, that are provided to various parts of UP through a network of Gyan Fresh Stores.

The brand has witnessed a subsequent growth since its inception and has made a name for itself for fresh and pure dairy products. The seamless supply of fresh milk, product innovations and consumer centric services have all added up to the growing success of the brand. The products range boasts several USPs which altogether give it a distinct competitive edge over its counterparts. Ethically sourced from the farmers, Gyan Dairy products reaches from farm to table using advanced technology and it remains untouched by human hands even when it passes through multilevel quality checks. Such purity and freshness make the product range most favoured and a household name in UP.

About Gyan

Gyan Dairy, head quartered at Lucknow, is a well-recognized name in the dairy industry,touching a turnover of over 908 cr in fiscal 2020. Gyan is into processing of dairy products and one of the leading suppliers of fresh milk and dairy products in India. The brand is synonymous with freshness, trust and consistent quality of dairy products which sources, processes, markets, and sells a full line of dairy, fermented, and value-added products. Popular dairy products by Gyan include full cream milk, toned milk, cow milk, ghee, curd, butter paneer, masala chaach etc. The company has rapidly grown in the past few years in Uttar Pradesh and is now among the leading dairy suppliers in the state. With tagline “Vishwaas Se Bhara”, the brand stands true to its theme ‘Shuddh aur taaza, Gyan ka waada’.

Gyan dairy was launched back in 2007, by partnering with small farmers and today, it is poised to grow into a 1000+ Cr dairy company, supplying products to more than 1.5 lakh plus households through a well-connected network of 500+ distributors and 40,000+ Retailers. The brand also has its exclusive retail outlets called Gyan Fresh stores, spread across 53 locations in UP to enhance customer experience by providing fresh and pure dairy products. One of the reasons for these fast-growing numbers is the acceptance of the quality by customers and the trust it enjoys in the market and second is its state-of-the-art processing plant with advanced technology, which maintains the maximum nutritional value and supplies safe & hygienic dairy products.