Best business opportunity to join the bandwagon of brightest companies in the renewable energy resources market

Business World

Best business opportunity to join the bandwagon of brightest companies in the renewable energy resources market

Aug 13, 2020 by Gouri Achary 0 Comments #bandwagon, #Dr. Shawn Qu, #President and Chief Executive Officer, #renewable energy resources market

Coronavirus pandemic has definitely hit many businesses and shaken the biggest economies globally. While many businesses have come to a complete standstill, this year has witnessed a dynamic transformation in many segments. One such huge business opportunity has arisen in the Solar Energy sector in India.

Many employees, workers and businessmen have been struggling because of the pandemic. In India, while the situation is getting better, it is still going to take time for businesses to get back to normal and the biggest problem here is of jobs and employment. Source of income is most important and thus, we share with you one such segment that has consistently shown signs of growth are – Solar Power and this gives a huge business opportunity for people distress.

Reasons for this continued growth and bright future are:

1. India has vast solar-energy potential. Every year, around 5,000 trillion kWh energy is incident over India’s land area, and most places receive around 4-7 kWh per Sq. m per day

2. The Indian government has initiated programmes to bolster the Solar power segment in the country and reduce overall carbon emission footprint

3. The solar segment is now one of the key aspects of India’s Make in India initiative

4. Smart cities project and other government programs, all point towards the use of solar panels, not just in industries but at a household level

Now that the government, as well as Indian residents, are working towards making India a pollution-free country, there is tremendous growth and business opportunity in the Indian solar power business

Where all one can invest?

There are several ways to venture into the Solar energy segment and make the most of it. For example:

– Selling/distribution of solar products – Retail

– Manufacturing of solar panels/products or Beginning a solar plates manufacturing

– Becoming a technical consultant for solar products manufacturer (Make In India)

– Developing and owning solar projects

– Servicing of Solar products

If you have an empty land or a long roof, then you can earn millions of rupees through it in a year. The solar panel is one such product. The central and state governments are also supporting the solar business continuously. In such a situation, if you want to do some kind of business, then you can start your work by joining this sector.

The fastest and most economical way to get into the enormous solar segment of India can be through the Franchise model. Although, you will see several companies providing solar franchise opportunities. But the business will only prove itself profitable to you if you are investing in the right place. Therefore, always do market research before investing

Top 5 Solar companies with whom you can start your own Business

1) Loom Solar Pvt. Ltd:-

Loom Solar based out of Faridabad, Haryana deals with the manufacturing of Mono solar panels and AC Module. It sells solar systems across India. Loom Solar, India’s No. 1 solar panel company is giving the franchising opportunity by registering your business with them and makes money in the fastest-growing solar industry. It is offering the three business franchising registration options for Dealers, Distributors and, International Distributors.

Loom Solar has planned expansion of its network and reach by appointing franchisee across India. This is an excellent opportunity for entrepreneurs who are looking for business opportunities in the solar industry.

Website Link: https://www.loomsolar.com/

2) LG solar panels:-

As a global leader in consumer electronics, mobile communications and home appliances, LG India now offers superior solar products that combine high performance with low consumption rates. LG Solar is a govt. enlisted ‘Green Power Plant ‘ for solar Pv system. We are keen no promoting ‘green power ‘ technology through ‘solar energy ‘to cater the needs of Indian companies / educational institutions/house –electrical power, with an alternate for fossil fuels based power generation and to keep the cost at affordable / optimum level.

Website Link: https://www.lg.com/in/business/solar-panels

3) Panasonic:-

Panasonic Corporation, formerly known as the Matsushita Electric Industrial Co., Ltd., founded in 1918 as a lightbulb socket manufacturer, is a major Japanese multinational electronics company, headquartered in Kadoma, Osaka.

Panasonic is one of the world’s largest manufacturers of consumer electronics and an increasingly popular choice for U.S. homeowners installing solar. Panasonic’s hetero injunction technology (or HIT) is included across their product lines, providing a unique take on the solar cell. Their HIT, HIT+ and HIT AC series are all high performers on EnergySage, with Panasonic the most quoted solar panel brand on EnergySage in 2019.

Website Link: https://na.panasonic.com/us/energy-solutions/solar/

4) Vikram Solar:-

Vikram Solar Limited is an Indian company based in Kolkata and the second-largest solar energy company in India by revenue. The company’s primary business focus is manufacturing solar PV modules and also carries out engineering, procurement and construction services and operations & maintenance of solar power plants.

It is a subsidiary of Vikram Group, which also has subsidiaries in the tea processing, textiles and engineering industries.

Website Link: https://www.vikramsolar.com/

5) Canadian Solar:-

Dr. Shawn Qu, Chairman, President and Chief Executive Officer founded Canadian Solar (NASDAQ: CSIQ) in 2001 in Canada. Under Dr. Qu’s leadership, it has grown into one of the world’s largest solar photovoltaic products and energy solutions providers, as well as one of the largest solar power plant developers globally. Canadian Solar has cumulatively delivered over 43 GW of solar modules to thousands of customers in more than 160 countries, enough to meet the clean, green energy needs of approximately 10 million households. Customers choose them because they deliver the best possible value. Our modules and system solutions combine superior quality with market-leading cost structures. And our solar projects consistently achieve the highest production values and returns on investment.

Website Link: https://www.canadiansolar.com/

Business World

9Stacks – India’s leading Poker Platform will host “AZAADI74 Series” Tournament this Independence Day

Aug 13, 2020 by Gouri Achary 0 Comments #“AZAADI74 Series” Tournament, #9Stacks, #Poker Platform

9Stacks, India’s fastest growing poker platform brings a One-Day Series Tournament leaderboard “AZAADI74 Series” on the occasion of our 74th Independence Day. 9stacks offers the best experience to its players through its intuitive User Interface and innovative promotions.

COVID-19 may have thrown life out of gear in 2020, but Indians with their unwavering spirit still have a way of celebrating what matters! And what could matter more than the day we became independent. With the AZAADI74 Series, the gamers get to play six tournaments on a single day, and if their overall performance puts them in the top 10 for the day then each of the players will win Rs. 7,400/- from the Azaadi74 leaderboard prize! Also, the player with the highest leaderboard points will also get a 9stacks premium poker chipset.

The AZAADI 74 Series focuses on 4 things all poker players want AZAADI from-

i. Azaadi from unplayable structures! –
9stacks have designed the series as an exciting journey through various poker tournament formats and structures with maximum playability – with very high starting stacks (at least 25 blinds) even at the end of the late registration period.

ii. Azaadi from folks who fire unlimited bullets!
9stacks have tried to give each player a chance to try their true skills against the best players of each format, without bankroll becoming a big factor. Therefore, at most 2 Re-entries and no rebuys will be allowed in any tournament.

iii. Azaadi from having to play every tournament in a series to qualify for leaderboard prizes!
The player can play any number of tournament/s as per his/her choice and time availability. Only the best 4 results are taken into account while calculating leaderboard prizes!

iv. Azaadi from multi-day commitment to play a full series!
Unlike other series that require a multi-day commitment to figure in the leaderboard, all the tournaments here happen in a single day!

The 6 Tournaments on 15th August 2020 are:-

1) Azaadi PKO (6 Max) – starts at 12:30 PM

2) Azaadi Turbo – starts at 2:30 PM

3) Azaadi PKO (4 Max) – starts at 4:30 PM

4) Azaadi Evening – starts at 6:30 PM

5) Azaadi Deepstack – starts at 8:30 PM

6) Azaadi Closer – starts at 10:30 PM

The platform currently has more than 3.5L users across India and has witnessed 350% increase in user-base in 2019. The platform currently offers Texas and Omaha variants of poker that engage both experienced players and learners.

Business World

In the honor of 74th Independence Day, Five Star offers unbeatable combos at just Rs. 74

Aug 13, 2020 by Gouri Achary 0 Comments #74th Independence Day, #combos at just Rs. 74, #Five Star, #ive Star- a QSR by CP Group

This Independence Day we celebrate the 74th year of freedom. The number 74 denotes intuition, introspection, relationships, pragmatism and spirituality. In our fast-moving lives, we hardly have the time to sit and choose a perfect combination of food. We go by our intuition and mostly do not end up satisfied. This Independence Week, Five Star- a QSR by CP Group announces its Independence Day Offer- Combos @ Rs 74. The offer entails different combinations between burgers, fries and rolls, a pragmatic solution to your confusion. The following are some of the combos offered:

2 crispy chicken burgers
Hungry Bird burger+ Chicken popcorn
Veg burger+ Masala Fries
Veg Roll+ Masala Fries

Date: 12th to 16th August 2020

Address(s)/Locations:

Upper Ground Floor, Shop No UG-36, Orbit Plaza

Crossing Republik Dundahera,

Ghaziabad, Uttar Pradesh- 201016

Shop No R4-107 & 120, First Floor

M3M Urbana,

Golf Course Extension Road, Sector 67

Gurgaon, Haryana- 122101

Timings of the Outlets:

Ghaziabad- 10 am to 9 pm, Closed on weekends

Gurgaon- 12:30 pm to 9 pm, Closed on Tuesdays

Name of the Offer: Combos @ Rs 74

Business World

VideoMeet announces first-of-its-kind event platform VNOW

Aug 13, 2020 by Gouri Achary 0 Comments #Data Ingenious Global Limited today, #Data Ingenious Global Ltd., #Dr Ajay Data, #Founder and CEO, #hosting virtual events & exhibitions., #Virtual Now (VNow)

Rajasthan-based IT firm Data Ingenious Global Limited today announced the launch of Virtual Now (VNow), a first-of-its-kind event platform developed to revolutionize the process of hosting virtual events & exhibitions. Demand for this application is evident in education, healthcare, and corporate sectors. It will be a part of the company’s Made in India Video Conferencing Application – VideoMeet, which was among the top ten contenders in Made in India Video Conferencing Innovation Challenge initiated by the Ministry of Electronics and IT, Government of India. VNOW has been strategically developed keeping the aspects of pre-event buzz, on-going event requisites, live sharing, and post-promotion in sync.

It has the advantage of hosting multiple meetings, lobby rooms, main stage area, coffee rooms under a single link. Headed by the IT genius Dr. Ajay Data, the company confirmed that it is available free of cost for use, and would have a revenue model by September. Till then, the backend team would be working on adding more useful updates as per users’ feedback received.“It will be a valuable addition in the digital domain of ‘Vocal for Local’ campaign by offering an indigenous platform to brands and industries for conducting their coveted events that were put on hold due to the pandemic. Creating a replica of physical events on screens is the ultimate aim of VNOW,” said Dr Ajay Data, Founder and CEO, Data Ingenious Global Ltd.

Features like broadcast messaging, co-hosting, polls help in facilitating engagement and interaction from all participants. The streaming feature for social media platforms and recording events is also available. Complete security is also delivered with end-to-end encryption, secure waiting room, and no personal data sharing, not even the email addresses. “The recent Chinese app ban has opened multiple opportunities for Indian IT companies. Response on VideoMeet application has been overwhelming; we expect it to improve further with the current feature integration. Configuring an event, regular office, or school digitally is possible with this innovation and would benefit the nation immensely. As per the feedback received, an update on VideoMeet to introduce Augmented Reality Whiteboard is under process,” he added.

Last month, VideoMeet rolled out its expansion plan in Maharashtra, West Bengal, Tamil Nadu and Gujarat with an investment of around Rs 2 crore. The ‘Made in India’ video conferencing app currently stands at a count of 50,000 downloads for Android smartphone users and is increasing every day. The ‘Made in India’ application allows participation of up to 2000+ people with a single URL and regulates the user’s data consumption with its data compression technology.

Business World

AssessPrep witnessed a rapid growth of more 150 percent during Covid-19 Lockdown

Aug 13, 2020 by Gouri Achary 0 Comments #AssessPrep, #co-Founder, #Covid-19 Lockdown, #Karan Gupta

AssessPrep, a Delhi based startup, witnesses exponential growth of more than 150% in the number of users and schools, increasing it’s usage to over 200 schools worldwide. With the coronavirus leading to school closures all over the globe, learning has stalled and examinations have been cancelled. AssessPrep’s advanced digital assessment platform is helping schools maintain academic flow by facilitating remote assessments. With overnight lockdown being enforced in India and schools closed, AssessPrep has witnessed astonishing adoption and growth spurt recently.

The transition from pen and paper assessments to digital assessments is not only necessary to maintain continuity in learning but also enhances the quality of education. Advanced features like live proctoring have allowed schools to conduct high-stakes exams securely without worrying about academic honesty and integrity. During this period, when teachers are struggling with training and equipping themselves with IT skills, our focus has been on reducing the workload on teachers by automating the assessment process from creation to grading of exams.

Since most students in India do not have access to a personal computer and stable internet connection, the AssessPrep platform is designed to work offline so that there is no dependence on the internet during the assessment. The company is launching its new mobile application to bridge this economic divide between students and to make it more accessible.

Karan Gupta, Co-Founder, AssessPrep said “The past four months have witnessed the need for conducting online classes, pushing the demand for digital assessment education platforms. We believe that the education system in India is witnessing a paradigm shift and this pandemic has accelerated the digitisation process. With innovation at its core, the company expects to maintain this growth momentum even after the pandemic is over.

Our core focus has been on building a world-class platform that allows schools to efficiently and effectively assess their students anywhere during these unprecedented times. This growth in the numbers is a testimony to the fact that now Indian schools are prepared and willing to invest in technology that ensures quality education for their students.”

The number of users on the platform has seen a major surge to 1.25 lakh users. During the lockdown, the company recorded the highest growth in terms of assessments conducted and new schools onboarded on the platform.

Business World

A new national record by Adani Power’s Mundra 660 MW Supercritical unit which is still running beyond 411 days

Aug 13, 2020 by Gouri Achary 0 Comments #new national record by Adani Power’s Mundra

Adani Power Mundra Limited, a subsidiary of Adani Power Limited, today said that a 660 MW supercritical unit (U#7) at 4620 MW Mundra Power Thermal Plant has created a new national record by running continuously for 411 days.

According to industry data, a unit at TCPL, Nellore power plant had earlier run for 410 days in the supercritical category.

As we go to press, the unit is still operational and continues to build on a new generation record.
The 660 MW supercritical facility generated 5132 million units of electricity during this uninterrupted operation. What is even more remarkable is that the feat was achieved with 79.01% PLF and Zero Specific Oil Consumption “The continuous operation of the thermal unit, without any interruptions amidst a global pandemic speaks of the ability of our team to harness complexities of technology and amplify the scale of operations involved in it”, said Mr Anil Sardana, Managing Director, Adani Power Limited

This was not the first record established by APL. Earlier, Mundra subcritical asset too had entered the record books. In 2017, Mundra Power Plant, sub-critical 330 MW unit had created a similar national record of continuous running for 684 days. The Mundra power plant operates nine units. Five of these units are supercritical units of 660 MW each and the balance four units are sub-critical units of 330 MW each, taking the total generation of the power plant to 4,620 MW.

Business World

Ref I Quote by Kumarmanglam Vijay, Partner, J Sagar Associates on Newly launch platform for “Transparent Taxation–Honoring the Honest” by Hon Prime Minister of India Narendra Modi

Aug 13, 2020 by Gouri Achary 0 Comments #“Transparent Taxation–Honoring the Honest”, #J Sagar Associates, #Kumarmanglam Vijay, #Partner, #Quote

“Proposed reforms launched by the Prime Minister to simplify assessment and appellate process coupled with an initiative to provide pre-filled return forms to taxpayers are steps towards making the process technology-driven and easy to comply for a common person. Government has rightly increased the thresholds for appeals to be filed by the Revenue to reduce litigations. These steps may significantly improve the direct tax to GDP ratio in going forward after reforms are fully implemented.” by Kumarmanglam Vijay, Partner, J Sagar Associates

Business World

5 indigenous payment apps to celebrate the spirit of Independence Day and its sales!

Aug 13, 2020 by Gouri Achary 0 Comments #Citrus Pay, #FreeCharge, #Independence Day, #MobiQuik, #payment apps, #Simpl, #Xpay

This 73rd Independence Day, celebrate the Indian spirit to the fullest, All while making the most out of the great Independence Day Sale! The week leading up to Independence day is full of tempting offers and unbelievable deals, and any reason is a good enough reason to save some money! So this Independence Day, celebrate Indianness in the truest sense by turning ‘vocal for local’ with these 5 e- payment apps that all have Indian origins, and are widely accepted on popular platforms. There could be no better time to celebrate togetherness and progression than now, to encourage and support local businesses and ventures and help them reach newer heights while also saving some big bucks!

Simpl

Simpl is an app that provides consumers to buy now and checkout in one click with pay later functionality to build trust and provide strong buyer protection. Simpl works with merchants and financial institutions to enable a world where every monetary interaction is effortless and transparent. Through Simpl, you can but things now and the accumulated bill later. As a leader in the ‘Pay later’ space, the platform is working in collaboration with some top merchants across categories – Dunzo, BigBasket, 1mg, Licious, Furlenco, etc.

Xpay

Blockchain-based platform XPay. Life offers an array of digital payment services, including touch screen ATP kiosk, web, mobile app, POS device and others. The platform caters to both B2B as well as B2C segment. The company providing the highest level of transparency during transactions. It has partnered with leading banks to further expand its reach. XPay.Life has completed 1 Lakh transactions worth INR 5 Cr, since its beta version launch in 2019. The company offers services across 18+ cities in India with 50K plus pin code locations. In the last ten months, it also claims to have achieved 100% month-on-month growth. People can pay for their Electricity, Mobile prepaid & postpaid services, DTH, Broadband, LPG, Loan EMI, etc. through the Xpay Life App and web version. The platform has 253 billers across Tier 1 & 2 towns and wide reach to 50000+ pin codes in Tier 3 and Tier 4 cities across India.

MobiQuik

The MobiKwik wallet can be used across a host of payments services, including bill recharges, utility bill payments, cab bookings, ticket bookings, payments for groceries, as well as payments to online digital and offline retail stores. MobiKwik bridges the digital divide between consumers and companies via swift recharges and bill payments at no extra cost for its online transactions. Be it prepaid, postpaid, DTH, data card, electricity, life insurance, landlines, gas, water, broadband, cable, municipality or Metro payments and traffic challans, MobiKwik is best for one and all. The app also offers instant money transfer to family and friends with ease.

FreeCharge

Freecharge is an Indian digital marketplace for financial services. Freecharge services are available across a range of financial instruments including savings, payments, insurance, investment and lending. The company’s focus is to create an ecosystem of innovative products and features that enables cashless transactions. Freecharge UPI and payment gateway allows consumers to instantly send or receive money, shop at leading offline and online merchants across categories movies, entertainment, food, shopping, travel to get cashback & discounts.

Citrus Pay

Citrus is the most loved brand of the customer in India relates to PayU Payments, India’s leading provider of digital payment services, serving over 50,000 merchants. Citrus is a new UPI application that allows you to pay via direct account transfers. All transfers are free as you will only share your virtual payment address with Citrus app which guarantees that your money is totally safe and secure.

Business World

Earn higher Rent from your House

Aug 13, 2020 by Gouri Achary 0 Comments #Director - Sales, #Earn higher Rent, #Kapil Kapur, #Managing Director 360 realty, #Mr. Ankit Kansal, #Strategy & Business Development Bullmen Realty India

Whenever a property is purchased with a purpose of investment, the first focus is the rental yield from that particular property. Though rental yield from the commercial is higher than residential, buyers prefer investment in residential because of the increased cost and risk connected with the commercial segment.

Usually, any property/flat can be rented to family, singles, and serviced apartments. Out of the above three mentioned rent types, the owner will get the least rent from the family. The major benefit of the tenant family is that they will maintain the property well thus returning maintenance costs will be less. Rent will be on time. On the other hand, the flat owner can expect 40%-50% higher rent with Singles/PG as compared to a family but this rent type is the most hassled way of renting out. A 3 BHK can be rented to 6 Bachelors as a PG but rent collection is a major headache and the recurring maintenance cost will be high.

According to Mr. Ankit Kansal, Managing Director 360 realty, “The best way to get higher rent is to make the house well-furnished. It has been observed that some flat owners find it very difficult to rent the property and the main reason for the same other than the location is house furnishing. The owner should transform the property into a liveable form. The concept is common in big cities like Delhi, Noida, Gurgaon, Faridabad, Ghaziabad, Mumbai, Bangalore, Chennai, Lucknow, Dehradun, and many others. The second thing is the availability of services in the vicinity or inside the housing complex. When anyone moves into a rented place; the common difficulty is to search for a good maid, newspaper vendor, milk vendor, cook, grocery, medical facility, school, market, etc. It would be good if the homeowner can help in arranging these facilities and thus increase the chances of getting a higher rent.

According to Kapil Kapur, Director – Sales, Strategy & Business Development Bullmen Realty India, “Another option is to turn the property into a serviced apartment, which is a fully furnished and fully maintained apartment with facilities like working kitchen, housekeeping staff, centralized security, Wifi, electricity back up, laundry service, all Home Appliances, etc. It is similar to a hotel and thus is considered a commercial facility. Therefore, income from serviced apartments is treated as Business Income and you need to get commercial electricity/water meters installed. Owners need permission from the association and the local municipal corporation. These apartments can either be leased to professional agencies or companies. The initial cost of set up is very high in the range of Rs 8-10 lakh but one can expect very high rent from serviced apartments.

Good Marketing is key to Maximize returns. One should explore all online and offline channels to advertise/rent your property. It has been observed that some owners are comfortable to put their property on Rent only through brokers. These days tenants prefer direct dealing with owners as it helps them to save brokerage. One can always go for police verification of tenants or may demand a reference letter from the office of the tenant where he is working. Another advantage of online advertisement is that the owner can put pictures of your property which helps the tenant to decide before a physical visit thus saves time. Property can be rented in a short time with the help of online channels.

Business World

Paytm Money launches Stock Broking, investing easier for everyone with Delivery trades for free and intraday trades at Rs. 10

Aug 13, 2020 by Gouri Achary 0 Comments #CEO - Paytm Money, #Delivery trades, #intraday trades at Rs. 10, #Paytm Money, #Stock Broking, #Varun Sridhar

New Delhi, August 13, 2020: India’s homegrown digital financial services platform Paytm today announced the launch of Stock Trading on its online investment & wealth management platform Paytm Money in beta mode. This new addition will benefit experienced as well as first-time investors to seamlessly invest and trade in stocks in a completely digital & secure environment. The company is striving to become the most comprehensive online wealth management platforms in India driving financial inclusion for the masses.

In India, a limited number of people directly invest in equity markets. With the launch of stock trading, Paytm Money aims to drive higher penetration in equities investing with an easy to use the product, low pricing (cash delivery trades are free with intraday trades as low as Rs.10) and digital KYC with paperless account opening. The company is offering early access to a select set of users to receive feedback and the app will eventually be opened to everyone in a few weeks. This service is only accessible for its Android & Web users and will be followed by an iOS release in a few weeks.

With more than 6 million users on its platform for Mutual Funds & NPS investments, today Paytm Money has investors from 98% of pin codes of India. With its investor first approach, the team at Paytm Money sees a similar trajectory for stocks on its app given the limited penetration of the product in the country and the ease of accessibility the app offers.

Varun Sridhar, CEO – Paytm Money said, “With the addition of equities, Paytm Money seeks to drive financial inclusion among investors by removing information gaps and facilitating stock penetration in the country. For this, the app would provide in-depth financial & historical price data for every listed company to enable investors to research the stock market on their own. This promotes simple, convenient, and quick investing, as well as informed decision making by the user. We remain committed to making Paytm Money a comprehensive wealth management platform for every Indian.”

Cash and intraday trading has been introduced in beta mode, Paytm Money plans to launch the derivatives segment later. The inclusion of stocks to an already feature-rich platform is a smart move that will aid the investor journey in more ways than one. With its Smart Search & Notifications, users can discover & set price alerts for as many as 50 stocks and get notified when the price is reached. Moreover, the investor can create and customize multiple watchlists to track real-time price changes for up to 50 stocks.

Users can also automate stock investing by setting buy orders on a weekly/monthly basis. Also, with the built-in brokerage calculator, the investor can discover the transaction charges & know the exact breakeven price to sell stocks profitably. Besides, the advanced charts and other options like cover order & bracket order have been added to make the stock trading experience more rewarding. All this and a lot more would be available with absolute data privacy to keep investors’ personal data safe with bank-level security.