Category: Business

Eureka Digital Launches a Campaign Honoring Healthcare Sector

It is the perfect time to empower the healthcare sector through a creative digital campaign. The talented people working in the healthcare sector are fighting against all odds to support the health of millions of patients and our world with positivity. Building an adequate force with their teams, these professionals are able to lead families through periods of uncertainty and make a true difference in the lives of many. Today Eureka Digital honors the contribution of healthcare sector professionals and the work they do every day.

One of the main reasons to empower the health care industry is their great effort in promoting health, providing treatment, and in increasing the quality of life of millions that are being served. Each person working in the healthcare sector has chosen to pursue a career to help vulnerable people and make a change in this world.

Furthermore, the pharmaceutical industry is developing every day creating complex and complicated systems that utilize up-to-date technologies in order for the industry to grow and develop. The industry is operating through a master plan to use all of its forces from stakeholders and product managers to medical representatives, all are working in effective collaboration in order to provide the world with more efficient and sustainable healthcare services.

Whereas Eureka Digital is a creative digital marketing agency specialized in serving the health and wellness sector, it utilized its areas of expertise to develop a strong campaign aiming to empower and honor people working in the healthcare sector. The campaign’s objective was to create a big idea that would make a buzz on social media. A shoutout that would make an echo go viral in order to raise awareness and engage with many people on social media to honor the health care sector.

Vedanta Group certified as ‘Great Place to Work® in 2021

New Delhi, 24 June 2021: In a resounding endorsement of its industry-leading people practices, the Vedanta Group, India’s leading producer of metals and oil & gas, has been accredited as Great Place to Work-CertifiedTM along with its Business Units – BALCO, Cairn Oil & Gas, ESL, Hindustan Zinc, Iron Ore Business, TSPL and Vedanta Jharsuguda.

The accolade follows Vedanta Group’s stellar work culture, which fosters an ecosystem of trust, high-performance culture and imbibes aspects of credibility, respect, fairness, pride, and camaraderie among its employees. The badge of being ‘Great Place to Work-CertifiedTM, aspired by thousands of organizations every year, bears testimony to the constant innovation and pioneering people practices in the domain of hiring, engagement, diversity & inclusion, rewards & recognition, talent, and performance management.

According to Vedanta Group CEO Sunil Duggal, “Vedanta is one of the few organizations in India to be awarded this coveted certification as a conglomerate, setting a benchmark for others. This bears testimony to our continuous efforts towards being the Best Employer Brand.”

Speaking on the achievement, Group CHRO Madhu Srivastava said, “The Great Place to Work® certification bears testimony to the work culture of the Vedanta Group, which has been built over the years, keeping people before profit. It is a milestone in our journey of excellence and further bolsters our confidence in striving to be the employer of choice across sectors.”

Vedanta has institutionalized several best-in-industry people practices in its endeavour to be a people-first organization. Few examples:

• Vice Chairman’s Internal Growth Workshop, a robust programme for identifying high potential employees early on in their careers and mentoring them for enhanced roles and responsibilities, followed by a structured review mechanism to map their growth and performance. Over 1000 leaders have been groomed via this initiative across various businesses.
• V-REACH (Graduate Development Programme), a programme that seeks to identify and develop young leaders from the graduate employees’ cadre and map them to significantly elevated roles.
• V-LEAD (Diversity Development Programme) to identify high potential women candidates early on and groom them into leadership roles.
• Equal opportunity employer – Vedanta’s ethos of gender-agnostic job roles has seen the company become India’s first to have women as mine managers, a feat of true women empowerment.
• ACT-UP, a talent identification assessment programme, is conducted companywide each year through which hundreds of ‘Business Stars’ and ‘Technical Stars’ are identified for accelerated career development with customized Individual Development Plans (IDP).
• Through V-CONNECT, a robust mentorship programme, Vedanta has mapped each high potential employee with a mentor to guide them through a personal and professional development journey.
• Chairman’s Discretionary Award, to acknowledge employees’ commitment and act beyond the call of duty during uncertain times of COVID-19 which enabled the company to ensure business continuity and sustain production.

Commenting on Vedanta’s certification, Wilma Mohapatra, Vice President – Great Place to Work® India said, “Many congratulations to Vedanta Group on getting Great Place to Work-CertifiedTM. We hope you keep raising the bar for yourself and other organizations and conglomerates aspiring to become great workplaces.”

Great Place to Work® is the global authority in creating, assessing, and identifying the Best Workplaces world over. Great Place to Work® Institute’s methodology is recognized as rigorous and objective and is considered the gold standard for defining great workplaces across business, academia, and government organizations. The Institute evaluates organisations solely based on employee feedback and quality of people practices, through their trademark Trust Index© Employee Perspective and Culture Audit© Management Perspective scorecards. Globally, more than 10,000 organizations across 60 countries aspire to achieve this recognition.

To provide employees, business partners, and their families a sense of safety and security, and ensure their well-being, Vedanta has rolled out significant initiatives and HR benefits, like:

• Vedanta Cares Vaccination Drive for all employees, business partners, and their families
• Best-in-class Term Life Insurance Policy with worldwide coverage for all executives across the group. The policy provides coverage of 5x fixed pay of employees which is equivalent to the annual salary for 5 years.
• Covid Kavach Insurance for business partners includes Term Life, hospitalization and ex-gratia amount of INR 10 lacs to be paid to the family members of the deceased.
• Continued payments of last drawn salary and Mediclaim insurance coverage until the notional date of retirement, as well as education assistance for 2 children until graduation, for families of deceased employees
• The Medical insurance cover has also enhanced to 1.5 times the existing eligibility, and corporate floater cover has been introduced for any employee that exceeds their eligibility
• Continuation of Mediclaim Insurance for employees who are retiring

Further, Vedanta is working on a comprehensive vaccination plan to ensure the health and well-being of its people. The plan to vaccinate 1.12 lakh people, which would include 46,000 employees and family members. Vedanta will spend around Rs 12 crore for procuring the vaccines, the deliveries of which will start later this month. The company continues to continually raise the bar when it comes to developing and caring for its people.

CX partners backed Veeda Clinical Research receives growth capital from Sabre Partners and a group of marquee HNIs

Mumbai, 24 June 2021: Veeda Clinical Research (“Veeda”), a full-service clinical research organisation (CRO) in India, raised USD 16mn in a round led by private equity fund, Sabre Partners. This round also saw participation from distinguished HNIs such as Pranab Mody (of JB Chemicals), Havells India family office, Nikhil Vora (Founder of Sixth Sense Ventures; amongst the first investors in companies such as Paytm, Fogg deodorant, etc.), Arjun Bhartia (of Jubilant), amongst others.

Mr. Rajiv Maliwal, Founder and Managing Partner, Sabre Partners, said: “We are excited to partner with Veeda as an equity investor. The CRO industry is witnessing rapid growth resulting from a confluence of economic and regulatory tailwinds. We believe Veeda is well-positioned to capitalise on this opportunity as one of the largest independent full-service clinical research organizations, by revenue in India, as of March 31, 2021. They offer a broad range of services with experienced scientific talent and management team, and we look forward to working with them.”

Mr. Ajay Tandon, Managing Director, Veeda said, “We are delighted that Sabre Partners and the other distinguished investors have chosen to partner with us in realising our vision of being the preferred research partner offering a broad range of drug development, pre-clinical and clinical research services to our global innovator, generic and biopharma clients. We will continue to invest in developing our delivery capabilities, to be increasingly relevant to our clients’ objectives.”

About Veeda: Veeda is one of the largest independent full-service clinical research organizations, by revenue in India, as of March 31, 2021, headquartered in Ahmedabad. Veeda offers a range of early and late phase bioequivalence studies and clinical trials to generic and innovator pharmaceutical players. Veeda has successfully completed several regulatory inspections and is approved by USFDA, UK MHRA, ANVISA (Brazil), and WHO. Veeda has experience in conducting complex clinical studies. In November 2018, a consortium of private equity investors led by CX Partners Fund 2 acquired a majority stake in Veeda.

About Sabre Partners: Sabre Partners is an India-focused private equity firm investing in the financial services and healthcare sectors. Founded by Mr. Rajiv Maliwal in 2002, the firm’s management team has decades of experience in investing, managing, and operating businesses in Asia and India. Sabre is currently investing out of its fourth fund, Sabre Partners Fund – 2019, which led the investment in Veeda. The firm has an industry-leading track record of investing US$ 280m and returning over US$ 1.7b from the 3 previous funds it managed.

About CX Partners: CX Partners Fund 2 Limited is a private equity investor focusing on high-growth mid-market companies. Prior portfolio companies in healthcare include Natco Pharma Ltd, Thyrocare Technologies Ltd, and Healthium Medtech Pvt Ltd. Other investments include Minacs Group, a leading Business Process Outsourcing firm, Sapphire Foods, a leading franchisee of Yum! Brands, Barbeque Nation Hospitality Ltd, and Mrs. Bectors Food Specialties Ltd. Over the past few months, CX Partners Fund 2 has also invested in Dindigul Thalapakatti Hotels – a chain of restaurants in South India, Anjan Drugs – a leading API player in the CNS space, and Ummeed Housing Finance.

“Veeda Clinical Research Private Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, an initial public offering of its equity shares in the near future and is in the process of filing a draft red herring prospectus with the Securities and Exchange Board of India.”

IPOs of Sona Comstar and Shyam Metalics list and close in the green

Mumbai, June 24, 2021: Sona BLW Precision Forgings Limited (Sona Comstar) and Shyam Metalics and Energy Limited; listed on the bourses at Rs. 301 and Rs. 380 on NSE and Rs. 302.40 and Rs 367 on BSE, respectively. Both the stocks trade at 3.44% % and 24.18% over its issue price on NSE.

Shares of the Sona BLW Precision Forgings at day end closed at Rs. 361.20 per share on NSE and Rs. 362.85 per share on BSE. The initial public offering was offered at a lower price band of Rs 285 per share and higher price band of Rs 291. While the scrip of Shyam Metalics at day end closed at Rs. 375.50 per share on NSE and Rs. 375.85 per share on BSE. The initial public offering was offered at a lower price band of Rs 303 per share and higher price band of Rs 306.

For Sona BLW Precision Forgings Limited as per NSE, the total quantity traded stood at 4.17 crore shares with a delivery quantity percentage of 44.64%. Quantity traded and delivery percentage at BSE was approx. 49.91 lac shares and 55.65% respectively. Total Turnover (BSE+NSE) on Day 1 stood at Rs 1562.52 crore.

For Shyam Metalics and Energy Limited As per NSE, the total quantity traded stood at 2.54 crore shares with a delivery quantity percentage of 40.02%. Quantity traded and delivery percentage at BSE was approx. 19.70 lac shares and 36.28% respectively. Total Turnover (BSE+NSE) on Day 1 stood at Rs 1111.27 crore.

The Market Capitalization of the Sona BLW Precision Forgings Limited post today’s closing price stood at Rs. 21,06,8.43 crore as per NSE and Rs. 21,164.67 crores as per BSE and The Market Capitalization of the Shyam Metalics and Energy Limited post today’s closing price stood at Rs. 9578.27 crore as per NSE and Rs. 9587.21 crore as per BSE.

Sona Comstar IPO was of Rs. 5,550 crores total size, received bids of 24,44,26,93 shares against the offered 10,71,05,262 equity shares. The portion reserved for retail investors was subscribed 1.61 times. While the Qualified Institutional Buyer category was subscribed 3.54 times, the Non-Institutional Investor category was subscribed 0.40 times, overall subscribed 2.33 times.

Shyam Metalics and Energy Limited IPO was of Rs. 909 crores total size, received bids of2,56,09,43,610 shares against the offered 2,10,90,890 equity shares. The portion reserved for retail investors was subscribed 11.64 times. While the Qualified Institutional Buyer category was subscribed 155.71 times, the Non-Institutional Investor category was subscribed 339.98 times and Employee Reserved category was subscribed 1.55 times, overall subscribed 121.42 times.

Company Information of Sona Comstar

Sona Comstar, a Blackstone backed company, is primarily engaged in designing, manufacturing and supplying highly engineered, mission critical automotive systems and components to automotive OEMs. Sona Comstar is a leading supplier to the fast-growing global Electric Vehicle (EV) markets and derived 13.8% revenue from the Battery EV market and 26.7% from the Micro Hybrid / Hybrid market in FY21. Its global market share of BEV differential assemblies in calendar year 2020 was 8.7%. The company is among the top ten players globally in the differential bevel gear market and in the starter motor market on the basis of respective volumes supplied to its end segments in calendar year 2020 and has been gaining global market share across products. According to the Ricardo Report, it serves 6 of the top 10 global PV OEMs, 3 out of top 10 global CV OEMs and 7 out of top 8 global tractor OEMs by volumes. The company has strong R&D, engineering and technological capabilities in precision forging, mechanical and electrical systems, as well as base and application software development. It is diversified across geographies, products, vehicle segments and customers. According to the Crisil Report, the company has the highest operating EBITDA margin, PAT margin, ROCE and ROE in FY20 as compared to top 10 listed auto component manufacturers in India by market capitalization and has consistently delivered more than 26% EBITDA margin and more than 35% average ROE each year over FY19-21. Its operating income growth over FY16-20 has exceeded the average of the same peer set.

Company Information of Shyam Metalics and Energy Limited

The Group is a producer of intermediate and long steel products, such as, iron pellets, sponge iron, steel billets, TMT, structural products, wire rods, and ferro alloys products with a specific focus on high margin products, such as, customised billets and specialised ferro alloys for special steel applications. The Group is currently in the process of further diversifying its product portfolio by entering into the segments, such as, pig iron, ductile iron pipes and aluminium foil. The Group’s key strength lies in its integrated operations across the steel value chain and strategic locations of its manufacturing plants in Odisha and West Bengal which are well connected by railways, roadways and ports in the eastern region of India and are supported by infrastructure in terms of captive railway sidings and captive power plants.

The Group’s manufacturing plants at Sambalpur and Jamuria are forward and backward integrated, and the Group is present across steel value chain, offers a diversified product mix, and has strategic locational advantage. In the nine months ended December 31, 2020, power units produced from the

Mumbai, June 24, 2021: Sona BLW Precision Forgings Limited (Sona Comstar) and Shyam Metalics and Energy Limited; listed on the bourses at Rs. 301 and Rs. 380 on NSE and Rs. 302.40 and Rs 367 on BSE, respectively. Both the stocks trade at 3.44% % and 24.18% over its issue price on NSE.

Shares of the Sona BLW Precision Forgings at day end closed at Rs. 361.20 per share on NSE and Rs. 362.85 per share on BSE. The initial public offering was offered at a lower price band of Rs 285 per share and higher price band of Rs 291. While the scrip of Shyam Metalics at day end closed at Rs. 375.50 per share on NSE and Rs. 375.85 per share on BSE. The initial public offering was offered at a lower price band of Rs 303 per share and higher price band of Rs 306.

For Sona BLW Precision Forgings Limited as per NSE, the total quantity traded stood at 4.17 crore shares with a delivery quantity percentage of 44.64%. Quantity traded and delivery percentage at BSE was approx. 49.91 lac shares and 55.65% respectively. Total Turnover (BSE+NSE) on Day 1 stood at Rs 1562.52 crore.

For Shyam Metalics and Energy Limited As per NSE, the total quantity traded stood at 2.54 crore shares with a delivery quantity percentage of 40.02%. Quantity traded and delivery percentage at BSE was approx. 19.70 lac shares and 36.28% respectively. Total Turnover (BSE+NSE) on Day 1 stood at Rs 1111.27 crore.

The Market Capitalization of the Sona BLW Precision Forgings Limited post today’s closing price stood at Rs. 21,06,8.43 crore as per NSE and Rs. 21,164.67 crores as per BSE and The Market Capitalization of the Shyam Metalics and Energy Limited post today’s closing price stood at Rs. 9578.27 crore as per NSE and Rs. 9587.21 crore as per BSE.

Sona Comstar IPO was of Rs. 5,550 crores total size, received bids of 24,44,26,93 shares against the offered 10,71,05,262 equity shares. The portion reserved for retail investors was subscribed 1.61 times. While the Qualified Institutional Buyer category was subscribed 3.54 times, the Non-Institutional Investor category was subscribed 0.40 times, overall subscribed 2.33 times.

Shyam Metalics and Energy Limited IPO was of Rs. 909 crores total size, received bids of2,56,09,43,610 shares against the offered 2,10,90,890 equity shares. The portion reserved for retail investors was subscribed 11.64 times. While the Qualified Institutional Buyer category was subscribed 155.71 times, the Non-Institutional Investor category was subscribed 339.98 times and Employee Reserved category was subscribed 1.55 times, overall subscribed 121.42 times.

Company Information of Sona Comstar

Sona Comstar, a Blackstone backed company, is primarily engaged in designing, manufacturing and supplying highly engineered, mission critical automotive systems and components to automotive OEMs. Sona Comstar is a leading supplier to the fast-growing global Electric Vehicle (EV) markets and derived 13.8% revenue from the Battery EV market and 26.7% from the Micro Hybrid / Hybrid market in FY21. Its global market share of BEV differential assemblies in calendar year 2020 was 8.7%. The company is among the top ten players globally in the differential bevel gear market and in the starter motor market on the basis of respective volumes supplied to its end segments in calendar year 2020 and has been gaining global market share across products. According to the Ricardo Report, it serves 6 of the top 10 global PV OEMs, 3 out of top 10 global CV OEMs and 7 out of top 8 global tractor OEMs by volumes. The company has strong R&D, engineering and technological capabilities in precision forging, mechanical and electrical systems, as well as base and application software development. It is diversified across geographies, products, vehicle segments and customers. According to the Crisil Report, the company has the highest operating EBITDA margin, PAT margin, ROCE and ROE in FY20 as compared to top 10 listed auto component manufacturers in India by market capitalization and has consistently delivered more than 26% EBITDA margin and more than 35% average ROE each year over FY19-21. Its operating income growth over FY16-20 has exceeded the average of the same peer set.

Company Information of Shyam Metalics and Energy Limited

The Group is a producer of intermediate and long steel products, such as, iron pellets, sponge iron, steel billets, TMT, structural products, wire rods, and ferro alloys products with a specific focus on high margin products, such as, customised billets and specialised ferro alloys for special steel applications. The Group is currently in the process of further diversifying its product portfolio by entering into the segments, such as, pig iron, ductile iron pipes and aluminium foil. The Group’s key strength lies in its integrated operations across the steel value chain and strategic locations of its manufacturing plants in Odisha and West Bengal which are well connected by railways, roadways and ports in the eastern region of India and are supported by infrastructure in terms of captive railway sidings and captive power plants.

The Group’s manufacturing plants at Sambalpur and Jamuria are forward and backward integrated, and the Group is present across steel value chain, offers a diversified product mix, and has strategic locational advantage. In the nine months ended December 31, 2020, power units produced from the Group’s captive power plants accounted for 79.58% of their total power units consumed. The Group has a wide distribution network partnered through 42 distributors across 13 states and one union territory in India, as of December 31, 2020. The Group’s domestic customers include Jindal Stainless Limited, Jindal Stainless (Hisar) Limited, and Rimjhim Ispat Limited and international customers include Norecom DMCC, Norecom Limited, POSCO International Corporation, World Metals & Alloys (FZC), Traxys North America LLC, JM Global Resources Limited, Goenka Steels Private Limited and Vijayshri Steel Private Limited.

Group’s captive power plants accounted for 79.58% of their total power units consumed. The Group has a wide distribution network partnered through 42 distributors across 13 states and one union territory in India, as of December 31, 2020. The Group’s domestic customers include Jindal Stainless Limited, Jindal Stainless (Hisar) Limited, and Rimjhim Ispat Limited and international customers include Norecom DMCC, Norecom Limited, POSCO International Corporation, World Metals & Alloys (FZC), Traxys North America LLC, JM Global Resources Limited, Goenka Steels Private Limited and Vijayshri Steel Private Limited.

myBillBook is simplifying billing & accounting for SMEs with latest technology

Mumbai, June 24, 2021: Don’t let the pandemic come in the way of your business. Learn new ways to grow despite the odds. By embracing technology, small & medium businesses (SMBs) can digitally transform their business operations. myBillBook app, the flagship product of FloBiz, is a simple-to-use, robust billing & accounting app designed to digitise daily operations and accelerate the growth of SMBs. The app is a free & simple GST billing, inventory management, and receivables/payables management solution for Android and Desktop users.

myBillBook has been created to aid SMB business owners to run their operations from anywhere & any time. It is available on both mobile & desktop and provides a secure platform for business owners to record transactions & track business performance on the go. To date, myBillBook has helped over 50 lakhs businesses to go digital. It is an ideal software for GST registered businesses where invoicing is one of the core business activities. Also, businesses looking to digitize their operations to understand their financial position better can use this product. It helps them create bills (GST & non-GST), record purchases & expenses, maintain stock and manage account payables/ receivables directly from their mobile phones or computers. Also, the app generates critical business reports that help owners make strategic business decisions. myBillBook is currently available in English, Hindi, Gujarati & Tamil.

So, what you are waiting for, Download now!

Here’s why SMBs should use myBillBook.

Create professional GST & non-GST invoices
Generate customised GST & non-GST invoices from a rich catalogue of formats & themes, share them easily with customers over WhatsApp, and print via Bluetooth thermal printers

Manage business inventory
Track inventory accurately with features like low stock reminders, item categories & stock adjustment

Accounting made easy
Record all business transactions such as sales, purchases, quotations, cash & bank transactions, sales/purchase returns on-the-go

Collect payments faster
Sends automated payment reminders to clients/customers and collect digitally via UPI

Get orders online
Create a custom store using the ‘Online Store’ feature for your business and increase sales &

customer satisfaction

Analyse business reports

Take strategic business decisions using insights from reports like GST reports, P&L, stock & party ledger reports

Send business card & greetings
Create professional identity by sharing business cards and greetings with business logo to clients/customers using Whatsapp

24*7 customer support
Get 24*7 resolutions for queries related to the app functionality via chat, call or WhatsApp

100% Safe and secure
Provides a 100% safe & secure environment for business-related data. All the transactions are encrypted and stored on best-in-class secure cloud servers

How micro businesses can avail easy loans from U GRO Capital

U GRO Capital is a small business lending fintech platform. It had recently announced its expansion in the Tier 2 and 3 regions across five states – Karnataka, Tamil Nadu, Gujarat, Telangana and Rajasthan, where it will provide its loan services to micro businesses. Examples of borrowers would include businesses such as Kirana stores, Pharmacies, Mess/ Restaurants, Hair salons, etc. These small businesses face a lack of formal capital infusion due to insufficient database, lack of requisite documents and unavailability of bureau score owing to not having availed any prior financing. However, U GRO Capital is leveraging its sectoral knowledge and technological capabilities, to solve the credit gap of these businesses.

Below are a few considerations for these businesses to access credit, conveniently from the company:

1. Understanding the information pertaining to the loans

• Amount that can be lent: The Company will provide secured loans ranging from 1 Lakh to 10 lakh, under its Shakti program. For the unsecured loans, amount ranges from 50,000 to 5 lakh.
• Loan duration: Tenure ranges from 12 to 36 months for unsecured loans, whereas for secured loans, the duration ranges from 1 to 9 years
• Timeline for disbursal: U GRO Capital offers loan disbursals in a quick and convenient manner. The disbursal period for unsecured loans is between 3 to 4 days, while for secured loans the disbursal timeline is 7 to 8 days.

2. Documentation required

U GRO Capital utilizes its sector expertise to understand businesses’ current and future cash flows. This allows it to reduce dependency on heavy documentation. In the case of micro businesses, it utilizes conventional data like GST, ITR, Bank Statements/ Pass-book images. It also uses alternate data like trade bills (Pucca/ Kaccha), electricity bills, etc. to understand the borrower’s repayment capabilities.

3. Process to avail the loan: GRO Micro

• Small business owner can apply for a Business Loan – assisted by a GRO Micro Sales Executive on its proprietary GRO+ App
• Provides the necessary documentation
• Receives in-principle approval post credit-appraisal within a day of loan application
• Loan Agreement is signed, and loan is disbursed in the customer’s bank account

Embellish Your Home with Artifacts from Ficus Fine Living

A home is where one can take refuge from the outside world, a place you can come back to rejuvenate. Everyone likes to make their home appear beautiful, and one of the chief contributors to the look of your house is home décor. Ficus Fine Living has a wide new range of exquisite artifacts that will brighten not only your home or office but also your lifestyle. Artifacts play a vital role in enhancing the interiors of your home. Hence care should be taken while choosing home decor as they often play an important role in creating an aura

The elegant range of artifacts at Ficus Fine Living is available in innovative artistic designs made out of bronze, ceramic that is gracefully designed using superior quality materials making them high on aesthetic appeal. The artifacts here are truly worth a look. A vast array of people are opting for artifacts in their home to make it look more vibrant and beautiful. The true essence and beauty of a piece of artifact can be judged from its exterior. Artifacts can also be given to someone as a gift, each with a distinct price range to suit everyone’s budget.

Website: http://www.ficusliving.com/

Mankind Pharma partners with BDR Pharma for Distribution of the Anti-COVID-19 drug, Baricitinib in India

Delhi, 24th June 2021: Mankind Pharma, the 4th largest pharmaceutical company in India partners with BDR Pharmaceuticals International Pvt. Ltd for distributing the Anti-COVID19 drug Baricitinib under the trademark BARIKIND that received restricted emergency use approval, for use in combination with remdesivir. According to the partnership, BDR Pharma will be manufacturing and marketing the product under a royalty-free, limited, and non-exclusive voluntary license from Eli Lilly and Company and Mankind Pharma will be distributing the same.
Baricitinib received restricted emergency use approval, for use in combination with remdesivir, for treatment of suspected or laboratory-confirmed coronavirus disease 2019 (COVID-19) in hospitalized adults, requiring supplemental oxygen, invasive mechanical ventilation, or extracorporeal membrane oxygenation (ECMO). Lilly received permission for restricted emergency use from Central Drugs Standard Control Organization, a division of Ministry of Health.

Speaking on the partnership Mankind Pharma, said, “It is our pleasure to be in this distribution partnership with BDR Pharma for the Anti-COVID19 drug Baricitinib. Together we aim to fight against COVID-19 and meet the medical needs of society.”

BDR Pharmaceuticals, added, “We are pleased to partner with Mankind Pharma for distribution and through this collaboration, we believe Baricitinib will reach every nook and corner of the country effectively which is the need of the hour. Baricitinib was studied to treat COVID 19 affected patients in various clinical trials based on which the Indian Regulator has given us the restricted emergency use approval to manufacture and market the drug in India.”

About Mankind Pharma: Mankind Pharma is the fourth-largest pharmaceutical company in India headquartered in New Delhi, India. Having begun its journey in 1995, Mankind Pharma today operates in 34 overseas destinations leveraging 14,000 happy employees and is now one of the leading research-driven Pharma Manufacturing and Marketing Companies in India. Its products range from Pharma, OTC, and FMCG brands like Manforce Condoms, Unwanted 72, Prega News, Gas-O-Fast, Health OK Tablets, Acnestar Gel, Betakind Gargle, and many others.

Jayshri Gayatri Foods Expands Milk Magic Products Portfolio

June 24, 2021: Jayshri Gayatri Food Products (JGF), one of the leading dairy product manufacturers in the Central India, continues to invest in latest technology of global standards to expand its product portfolio under both dairy and non-dairy products. Motivated by the increasing demand of Milk Magic dairy products portfolio, JGF is soon launching five variants each of Milk Pouches and Flavoured Milk, as well as Dairy Whitener. Additionally, JGF had recently introduced Milk Magic Rasmalai in two flavours – Classic and Kesar, and is soon introducing two more flavours of Rasmalai namely – Mango and Chocolate. Additionally, JGF is also planning to launch a range of ‘Ready-to-Eat’ variety of packaged food products.

Jayshri Gayatri Food Products (JGF) is internationally known for producing hygienic and high-quality dairy products that are rich in taste, aroma & nutritive value. The entire range of Milk Magic products is available at the brand’s exclusive outlet in Bhopal at Arera Colony and on Foodondoor app for home delivery. The brand will be soon seen on shelves of large format grocery retail stores such Reliance Fresh and DMart, among others.

Mr. Kishan Modi, Managing Director, Jayshri Gayatri Food Products (JGFP), expressed, “For over seven years, we have been producing hygienic and superior quality dairy products that meet the high standard requirements of the overseas markets. Being a dairy technologist myself, I take keen interest in innovating new products and upgrading the manufacturing facility to match world standards. Last year we have successfully launched our international high quality dairy products range under the brand Milk Magic in the Indian domestic market, which is growing leaps and bounds with the increased household demand for packaged food products.”

Committed to manufacturing world class food products, Jayshri Gayatri Food Products (JGF) continuously upgrades technology to innovate and enhance facilities as well as standards. The manufacturing facilities follow stringent processes to ensure that quality of product is maintained to match global standards. They follow a thorough food safety management system and adhere to all statutory and legal compliances. Quality checks are done as routine at the time of receiving raw material, during process of manufacturing and of finished goods before dispatch. The supply chain is constantly upgraded and updated with communication regarding food safety to ensure the last mile of customer connect doesn’t faulter any guidelines.

The company has received all important certifications mandatory for domestic and global markets. Some of these certifications include ‘Food Safety Management System Standard of ISO 22000: 2018’, ‘Quality Management System Standard of ISO 9001: 2008’, Export Inspection Council of Indian Ministry of Commerce & Industry, Govt. Of India, Certificate of Approval of Quality for Export of Milk Products, HALAL Certification and Kosher Certification.

Jayshri Gayatri Food Products (JGF) also has rigorous entry and exit processes for the factory workers to ensure that high standards of hygiene is maintained at all times. Upon entry the factory workers have to go through a mandatory process of changing into fresh and clean factory uniforms that are provided and maintained by the company. This is followed by an automated process that mandates cleaning of hands and other safety processes to gain access to the work floors.

Jayshri Gayatri Food Products (JGF) wide product basket under the dairy products brand Milk Magic, which includes the fresh and frozen varieties of Paneer, which is one of their most popular product offerings, Butter – salted & unsalted varieties, Pure Ghee variety, assortment of Cheese, Khoya, and Indian sweets such as Gulab Jamun, Rasgulla and Rasmalai.

The growing demand for different dairy products in India is expected to provide an opportunity to expand a range of value-added products. The company continues to focus on modern processing techniques, building a modern supply chain, and marketing infrastructure for delivering high quality requirements.

Cosmoprof India To Be Held At Jio World Centre Mumbai On December 9-11, 2021

June 24, 2021, Hyderabad: Cosmoprof India, the event of the Cosmoprof network, dedicated to the beauty and cosmetics market, has been postponed to December 9-11, 2021. BolognaFiere and Informa Markets, organizers of the event, jointly decided to reschedule the second edition of Cosmoprof India to grant a safe experience to stakeholders and exhibitors.

The exhibition will be held in a new venue, Jio World Centre in Mumbai: a highly appreciated hub for conferences, festivals, and concerts, located in a curated ambience. The synergy between modern architecture and nature is highlighted by the top- level services offered by the structure. Cosmoprof India will be the first beauty trade show held in the hub, welcoming attendees in a safe and stimulating space.

“We are monitoring constantly the evolution of covid19 in India, and in accordance with local regulations we decided to postpone Cosmoprof India to December 2021. The exhibition will be the first occasion for brands, buyers, retailers, and wholesalers to meet again after a long time of travel restrictions and social distancing, and to discover how the domestic industry is reacting to new digital tools, revised distribution channels, and new consumers habits, – said Mr. Gianpiero Calzolari, President of BolognaFiere.

Speaking on the postponement of the 2nd edition of Cosmoprof India, Mr. Yogesh Mudras, Managing Director, Informa Markets in India said, “The COVID-19 situation has presented a constantly challenging environment for exhibitions organisers and the beauty and cosmetic industry across the globe. Rescheduling the show to the end of the year at JIO World Centre, an optimal venue, will allow enough time for normality and confidence to return to the marketplace. It will enable us to offer efficient, impressive, and state-of-the-art solutions for our stakeholder’s evolving requirements. Over the coming months, the increased availability of vaccines will also relax travel restrictions and provide better and safe conditions for exhibitors and visitors to participate. We look forward to offering an outstanding business experience that our stakeholders have always expected from the much reputed and celebrated Cosmoprof India.”

About BolognaFiere Cosmoprof (www.cosmoprof.com)
BolognaFiere Cosmoprof is the group organizing Cosmoprof Worldwide Bologna, as part of BolognaFiere Group. Cosmoprof Worldwide Bologna is the most important meeting point in the world for beauty professionals, established in 1967 and held in Bologna, Italy. For the 2019 edition, Cosmoprof registered more than 265.000 attendees from 150 countries in the world, with an increase by 10% of foreign professionals, and 3,033 exhibitors from 70 countries. The Cosmoprof platform extends throughout the entire world, with its events in Bologna, Las Vegas, Mumbai, and Hong Kong, China (with Cosmoprof Worldwide Bologna, Cosmoprof North America, Cosmoprof India, and Cosmoprof Asia). Recently the fifth exhibition of the network has been announced: Cosmoprof CBE ASEAN, in Thailand, will focus on the cosmetic industry in South-East Asia. The Cosmoprof platform will reinforce its influence in Europe, thanks to the acquisition of the German group Health and Beauty, in South America, thanks to the collaboration with Beauty Fair -Feira Internacional De Beleza Profissional, and in Asia.

About Informa Markets and our business in India
Informa Markets is owned by Informa PLC, a leading B2B information services group and the largest B2B Events organiser in the world. Informa Markets in India (formerly UBM India) is India’s leading exhibition organizer, dedicated to help specialist markets and customer communities, domestically and around the world to trade, innovate and grow through exhibitions, digital content & services, and conferences & seminars. Every year, we host over 25 large scale exhibitions, 40 conferences, along with industry awards and trainings across the country; thereby enabling trade across multiple industry verticals. In India, Informa Markets has offices across Mumbai, New Delhi,Bangalore and Chennai. For further details, please visit www.informamarkets.com/en/regions/asia/India.html