Category: Business

  • Koyesha’s Journey – Leaving the Comfort Zone of an International Government Role to Build a Legacy for the Youth

    Koyesha’s Journey – Leaving the Comfort Zone of an International Government Role to Build a Legacy for the Youth

    London [UK],  December 09: Leaving the comfort and security of a prestigious government job in London as one of the only international Asian women is no small feat. It’s a leap that demands courage, self-belief, and a willingness to embrace uncertainty. Koyesha Mukherjee, hailing from India, however, did exactly that—taking a bold step from her 6-year-long, esteemed role in government service to carve her path as a young entrepreneur. Her journey is an inspiration, a testament to the power of following one’s dreams, and a story the world needs to hear.

    The Foundation of Excellence:

    Koyesha’s career in a reputable government organisation in the United Kingdom was nothing short of stellar. She managed to bag this coveted job through her own merit after clearing six rigorous rounds of tests after her Master’s in Development Economics and Policy from the UK. She dedicated herself to her work, earning respect and accolades while making a meaningful contribution to the international realm in drafting novel trade policy post-Brexit, representing the national government and leading trade agreement negotiations with partner countries. Her role gave her the stability and prestige that many aspire to achieve, especially after pursuing higher studies abroad. She has been recognised as a young achiever in various acclaimed media agencies along with the prestigious Asian Women of Achievement Awards in the UK for her exemplary contributions.

    But for Koyesha, this wasn’t enough. While she excelled in her position, a quiet realisation began to take root—there was more she wanted to accomplish. She yearned for the freedom to create, innovate, and build something entirely her own. She wanted to make an impactful difference around the globe.

    The Turning Point:

    The decision to leave a secure and well-regarded position didn’t come lightly. It required courage, introspection, and an unwavering belief in her potential. There were moments of self-doubt that she had to overcome, but with the greater purpose in mind, Koyesha decided to take a leap into uncharted territories. For Koyesha, the turning point came when she realised that staying in her comfort zone meant limiting her growth.

    This decision wasn’t about dissatisfaction with her government role; it was about a calling for greater impact. Koyesha envisioned a future where she could blend her skills, values, and passion into something transformative—something that was entirely hers.

    Embracing the Unknown:

    Venturing into entrepreneurship meant stepping into the unknown—a world without guarantees or safety nets but full of possibilities. Koyesha embraced this challenge with open arms, pouring her heart into her new journey as the founder of The Leading You^nth- a global youth leadership platform for students and young professionals. The purpose of this initiative is to create a community of youth- empowering them in life skills and bridging the gap between classroom learning and real-life experiences through training, mentoring and educational trips. Their mission is to enable youth to reach their nth potential and cultivate a growth mindset for budding entrepreneurs and the like.

    Her transition wasn’t just a career change; it was a complete transformation. The lessons she learned from her stint at the government job became the foundation for her entrepreneurial endeavours. She built her venture with the same dedication and determination that had defined her previous success, adapting seamlessly to the flexibility and dynamism of entrepreneurship.

    Overcoming Challenges and Building a Legacy:

    Entrepreneurship is rarely a smooth road. There are moments of doubt, setbacks, and obstacles that test even the strongest resolve. From giving up the comfort of a job in the dream city of London, pivoting to a new profession, learning and executing every facet of the business single-handedly, shifting base across continents with the agenda of giving back to her roots in India, every challenge became an opportunity for Koyesha to learn, grow, and strengthen her vision.

    Through resilience and grit, Koyesha turned her dream into reality, building a business that reflects her values and passion for youth empowerment. Following the ideals of the stalwart Swami Vivekananda, she wants every young person to realise the power of change they carry within themselves, not just for the future but as the leaders of today! Her journey serves as a shining example of what is possible when you step out of your comfort zone and into the unknown.

    Inspiring the World:

    Koyesha’s story is one of courage and determination. By leaving the security of her government role, she not only transformed her own life but also inspired countless others to pursue their dreams. She is making a difference and creating a wave of impact as the guiding light for the youngsters of today by up-skilling them in life skills to shine beyond the classroom, showing them alternative career paths, recognising young leaders from diverse professions and exposing young minds to international experiences, thereby cultivating the growth mindset and realising their nth potential. Her dedication to empowering the youth and leading from the front talks about her own selflessness. Her journey is proof that growth lies outside the comfort zone and that the willingness to take risks can lead to extraordinary rewards.

    Now is the time to share Koyesha’s story with the world. Her journey is a narrative of ambition, resilience, and impact—a story that reminds us all to embrace change, take bold steps, and create a legacy that inspires generations to come.

  • NHC Foods Ltd ‘s Rs.47.42 Crore Rights Issue Opens For Subscription on December 5, 2024

    NHC Foods Ltd ‘s Rs.47.42 Crore Rights Issue Opens For Subscription on December 5, 2024

    Valsad (Gujarat) [India], December 9: : Rs.47.42 crore Right Issue of NHC Foods Ltd (BSE-517554) engaged in trading of a diverse range of food products, including spices, food grains, oil seeds, pulses, dry fruits, and other agro-commodities open for subscription from December 5, 2024. The right issue of the company is attractively priced at Rs.1 per share as compared to the current market price of Rs. 2.76 per share on 6 December 2024. Rights Issue will close on December 18, 2024.

    Investors may also buy NHC Rights Entitlements (BSE Symbol: NHCFO-RE) from BSE to participate/subscribe in the company’s right issue at ₹. 1. The last date for On-market Renunciation of Rights Entitlements is 12 December 2024.

    The Rights entitlement ratio for the issue is fixed at 4:1 (4 Rights equity shares for every 1 equity share held by shareholders on the record date – November 26, 2024). The Company will issue 47.42 crore fully paid-up Equity Shares at a price of ₹. 1.

    For 6 months ended H1FY25, Net Profit increased to Rs. 4.05 crore as compared to Net Profit of Rs. 2.35 crore in 12 months Full year FY24, Revenues in H1FY25 at Rs. 140.67 crore as against full-year revenue of Rs. 211.30 crore in FY24

    The funds raised through the right issue will be utilised to meet the working capital requirement, to make the repayment of the Secured Loan and for General Corporate Purposes. Out of the issue proceeds of Rs. 47.42 Crores, the company intends to use Rs.25 crore towards working capital requirements, Rs.15 crore to make the repayment of Secured Loans and Rs.7 crore for general corporate purposes

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  • Dhanlaxmi Crop Science IPO to Open on December 9, 2024; Price Band Set at ₹52-₹55 Per Share

    Dhanlaxmi Crop Science IPO to Open on December 9, 2024; Price Band Set at ₹52-₹55 Per Share

    Ahmedabad (Gujarat) [India], December 9: Serving Indian farmers since 2005, Dhanlaxmi Crop Science is a technology-driven seed company engaged in the development, production, processing, and supply of hybrid and open-pollinated seeds for a wide range of field crops and vegetables. These seeds ensure better quality and higher yields suited to diverse agro-climatic conditions. The company is poised for its Initial Public Offering (IPO), with plans to raise ₹23.80 crores through the issuance of 43.28 lakh new shares.

    For its SME Initial Public Offering (IPO), Dhanlaxmi Crop Science Limited has established a price band of ₹52 to ₹55 per share. The company’s shares will open for subscription on December 9, 2024, and close on December 11, 2024. These shares will be listed on the NSE SME platform, with a projected listing date of Monday, December 16, 2024.

    Finshore Management Services Limited is the book-running lead manager for the Dhanlaxmi Crop Science IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

    The proceeds from the issue will be utilized to meet working capital requirements and for general corporate purposes. The shares for the Dhanlaxmi Crop Science IPO are expected to be allotted on Thursday, December 12, 2024, and credited to the demat accounts of the allottees on Friday, December 13, 2024. The IPO allocation comprises 50% of the net issue for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for the Non-Institutional Investor (NII) segment.

    Retail investors need to contribute a minimum of ₹1,10,000, as the minimum lot size for an application is 2,000 shares. For HNIs, the minimum bidding size is two lots, or 4,000 shares, requiring a total investment of ₹2,20,000 at the upper price band.

    Dhanlaxmi Crop Science Ltd reported revenue of ₹11,996.26 lakhs for HY1 FY25, with a net profit of ₹820.81 lakhs. The company boasts a Return on Capital Employed (ROCE) of 39.07%, a Return on Equity (ROE) of 33.82%, and a Debt-to-Equity ratio of 0.06.

    The company integrates traditional breeding techniques with biotechnological tools to produce hybrid and open-pollinated varieties of field crops and vegetable seeds. These seeds offer higher yields, improved quality, and greater tolerance to pests and diseases compared to naturally occurring varieties.

    As of March 31, 2024, the company’s product portfolio includes over 24 seed varieties for various field crops and vegetables. It operates through a network of 1,185 authorized dealers across four states and has access to farmland in four states through contractual agreements with more than 45 seed growers and organizers.

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  • Rhetan TMT Limited Picks Site In Banaskantha For Solar Power Project

    Rhetan TMT Limited Picks Site In Banaskantha For Solar Power Project

    Mumbai (Maharashtra) [India], December 9: In a significant development in its solar power initiative, Rhetan TMT Limited, a leading name in steel manufacturing, has identified a site in Banaskantha for setting up its 2 MW solar power project. The company is set to enter into a lease deed for land in Banaskantha’s Un village for the project, aimed at powering its factory at Kadi in Mehsana.

    This development follows a strategic decision to shift the project site from Aravalli district due to unforeseen challenges with the lessors. The company has already placed an order for plant installation and has received provisional approval from the Gujarat Energy Development Agency (GEDA). Moreover, an application for connectivity approval was submitted to Gujarat Energy Transmission Corporation (GETCO) on December 6, with approval anticipated by mid-January.

    Highlights:

    • At ₹21.70, the stock has grown by an impressive 178% in just over a year
    • Announces plans to establish a 2 MW solar power plant at a newly leased site in Banaskatha, Gujarat.
    • GETCO approval expected by mid-January 2025
    • project completion anticipated by April-May 2025

    The solar power plant, projected to be operational by April-May 2025, underscores Rhetan TMT’s commitment to sustainable energy solutions. Once completed, the plant will significantly reduce energy costs and advance the company’s carbon footprint reduction goals.

    Commenting on the development, Shalin Shah, Managing Director of Rhetan TMT Limited, said, “This solar power project represents a huge step in our journey toward sustainable growth. Despite the initial challenges, the new lease arrangement aligns well with our project timelines and strategic objectives. The project underscores our dedication to reducing energy costs and transitioning towards cleaner energy solutions to power our factory. We are committed to aligning our operations with sustainability and innovation.”

    With our four decades of expertise in the manufacturing and trading of steel products, Rhetan TMT successfully raised capital through its IPO in 2022 to fund its growth plans. It expanded capacity at the Kadi factory from 30,000 metric tonnes per annum to 45,000 mtpa by installing a fully mechanised rolling mill with a capacity of 100-120 metric tonnes per day. Its flagship products, Thermo-Mechanically Treated (TMT) bars, are renowned for their superior strength, ductility, and weldability. The company also produces high-quality mild steel round bars extensively used in various industries.

    About Rhetan TMT

    Founded in 1984, Rhetan TMT Ltd has become a trusted name in the steel manufacturing industry. The company specializes in Thermo-Mechanically Treated (TMT) bars and mild steel round bars, which are widely used in construction and engineering. Known for their strength, durability, and adherence to ISI standards, Rhetan TMT products are essential for building homes, bridges, dams, and high-rise structures.

    Headquartered in Gujarat, Rhetan TMT operates a fully mechanized rolling mill with a production capacity of 45,000 MT per annum, reflecting its commitment to innovation and operational excellence.

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  • Adivaa: Bringing Innovative Wellness and Technology Solutions in India

    Adivaa: Bringing Innovative Wellness and Technology Solutions in India

    New Delhi [India], December 5: Adivaa Smart Powering Solutions Pvt. Ltd, founded by visionary entrepreneur Mr. Lavanya Shastri, is making waves in the world of technology and wellness with its diverse portfolio of products designed to enhance everyday life. With innovation and functionality at its core, Adivaa is seamlessly blending advanced technology with user-centric solutions, catering to the evolving needs of modern consumers.

    Adivaa’s product range represents a convergence of wellness, convenience, and smart technology. Each product is thoughtfully designed to simplify daily challenges while promoting healthier lifestyles.

    1. Adivaa Smart Ring R6

    The flagship Smart Ring R6 is India’s first gesture-control wearable, redefining the wearable tech landscape. Crafted with a premium titanium build, this lightweight and durable ring provides:

    • Comprehensive Health Tracking: Monitors heart rate, sleep quality, blood pressure, and menstrual cycles 24/7.
    • Gesture Control: Revolutionizes gaming and device interaction through motion gestures.
    • Long Battery Life: Up to seven days of use with wireless charging capabilities.

    The R6 combines style, technology, and practicality, making it a perfect accessory for health-conscious individuals and tech enthusiasts alike.

    2. Portable Hydrogen Ionizer Bottle

    A game-changer in hydration, the Portable Hydrogen Ionizer Bottle uses advanced Solid Polymer Electrolysis (SPE) Technology to infuse water with hydrogen ions. Its benefits include:

    • Antioxidant Properties: Helps reduce oxidative stress, promoting better health.
    • Enhanced Skin Hydration and Metabolism: Supports a healthier lifestyle.
    • Improved Athletic Performance: Boosts endurance and recovery.

    With a sleek OLED display and compact design, the bottle ensures wellness on the go for busy professionals, athletes, and health enthusiasts.

    3. LED Smart Bag

    Combining utility and style, the LED Smart Bag features a customizable LED display, enabling users to express their personality with text, designs, or animations. With its spacious compartments and durable build, it is perfect for urban commuters, students, and trendsetters. A boon for bikers in winters, it makes them stand out and more visible even during fog.

    4. Drop Tag

    Never lose your valuables again with the Drop Tag, a compact Bluetooth tracker. This innovative device ensures real-time tracking of personal belongings, such as keys, wallets, or bags, using an intuitive app interface. Ideal for travel or daily use, the Drop Tag offers peace of mind at your fingertips.

    5. Nano ECG Machine

    Prioritizing heart health, the Chest Wrap ECG Machine is a portable device designed for easy and accurate heart monitoring. This small device empowers users to take charge of their heart health with real-time ECG data that is accessible and reliable just by wearing it over your chest. Users can get exact data on their mobile phones and can even store and share the data.

    6. Portable Air Purifier

    Designed for today’s urban environments, the Portable Air Purifier delivers clean and breathable air wherever you go. Compact and lightweight, it is ideal for commuters, office workers, and travelers, ensuring protection from pollutants and allergens in any setting. Wether you are in your car, sitting at your office desk or just enjoying your weekend at home, you can now improve the air you breathe.

    7. Power Tracks and Smart Sockets

    For seamless energy management, Adivaa offers Power Tracks and Smart Sockets. These solutions provide:

    • Flexible Power Options: Designed for modern homes and workplaces.
    • Enhanced Safety: Equipped with surge protection and intelligent energy monitoring.
    • User-Friendly Design: Combines style with functionality, offering a clutter-free solution for managing electronic devices.

    Adivaa

    At the heart of Adivaa’s success is Mr. Lavanya Shastri, a visionary entrepreneur with a mission to bridge innovation and accessibility. Speaking about Adivaa’s journey, Mr. Lavanya shares:

    “At Adivaa, our philosophy is simple: make technology work for people. Each product we develop is crafted with care, innovation, and a commitment to improving lives. We focus on delivering smarter, sustainable solutions for everyday challenges at an affordable price.”

    Looking to 2024 and beyond, Adivaa is gearing up to expand its product range with innovations driven by AI-powered insights and personalized solutions. The company also plans to bring its Indian innovations to international markets, positioning itself as a global leader in the tech and wellness space.

    Website Link: https://adivaasmart.com/

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  • Discover the Legacy of Melting Aromas- Redefining the World of Incense Sticks

    Discover the Legacy of Melting Aromas- Redefining the World of Incense Sticks

    Bangalore (Karnataka) [India], December 04: For over a century, Melting Aromas has been a beacon of tradition and innovation in the incense industry. As a leading incense stick manufacturer and a pioneer among incense sticks manufacturers in India, the brand stands at the crossroads of heritage and sustainability, crafting timeless fragrances that resonate across the globe.

    A Legacy Five Generations Strong Incense 

    The story of Melting Aromas is one of dedication, expertise, and family tradition. It all began in 1910 with Attar Syed Khasim, who introduced the enchanting Kashmir Gulab fragrance. His passion for fragrance became the foundation of a dynasty that would grow into one of the most trusted names in the industry.

    From the humble beginnings of creating hand-rolled incense sticks to modern innovations like eco-friendly production, Melting Aromas has preserved its core values. Each generation has brought fresh ideas, from Attar Syed Ismail’s creation of the iconic Sukki Darbar brand to Syed Arif Ulla’s visionary leadership that led to the establishment of Himalaya Perfumery Works.

    Today, under the stewardship of Syed Atif, Syed Kashif, and Syed Tousif, Melting Aromas has evolved into a brand that blends tradition with innovation. The trio, with their 15 years of experience in the flower industry, has taken the unique step of recycling wedding flowers into eco-friendly incense products, reaffirming their commitment to sustainability.

    Crafting Fragrances That Inspire

    As one of the most sought-after agarbatti manufacturers in India, Melting Aromas creates products that transcend mere utility. Their wide range of offerings includes:

    • Floral Fragrances: Signature scents like Rose, Jasmine, and Lavender.
    • Earthy Notes: Sandalwood, Patchouli, and Cedarwood for a grounding experience.
    • Ayurvedic Blends: Crafted to promote wellness and balance, like their Sacred Ayur and Shanti collections.
    • Specialty Products: The innovative Backflow Dhoop and Lakshmi Sacred Ayur incense sticks.

    Each product is crafted using the finest natural ingredients and cutting-edge production techniques, ensuring a perfect blend of quality and artistry.

    Bridging Tradition and Sustainability

    In an industry steeped in cultural significance, Melting Aromas has carved a niche by embracing sustainability. The company recycles discarded wedding flowers to craft its incense sticks, reducing waste and infusing each product with a story of renewal and care for the environment.

    This innovative approach sets Melting Aromas apart from other incense sticks suppliers and reflects their commitment to creating products that align with modern values while honoring traditional roots.

    Why Melting Aromas?

    As a trusted agarbatti manufacturer in India, Melting Aromas delivers more than just products. Here’s what makes them a preferred choice:

    • Unparalleled Craftsmanship: A blend of traditional techniques and modern precision.
    • Eco-Friendly Practices: Sustainability at the heart of every creation.
    • Global Reach: Renowned as one of the premier agarbatti exporters from India, delivering fragrances to homes worldwide.
    • Customer-Centric Approach: Commitment to quality, innovation, and satisfaction.

    Their dedication has also made them a reliable partner for private labeling, allowing businesses worldwide to create bespoke incense products with a trusted manufacturer.

    From Homes to Global Markets

    The company’s journey from crafting incense sticks for Indian households to becoming a globally recognized brand is a testament to its commitment to quality. Whether it’s through iconic products like Baba Flora or innovative eco-conscious collections, Melting Aromas continues to inspire loyalty and admiration among customers and partners.

    The People Behind the Magic

    The essence of Melting Aromas lies in its people. The current generation of leaders, Syed Atif, Syed Kashif, and Syed Tousif, represent the perfect amalgamation of heritage and modernity. Their passion for fragrances and their innovative use of flower recycling have set new benchmarks in the incense industry.

    Their commitment to honoring the contributions of their forebears while charting a new course for sustainability and innovation ensures that Melting Aromas remains a frontrunner among agarbatti manufacturers in India.

    A Fragrant Future

    Melting Aromas is not just a brand; it’s a legacy that bridges generations, cultures, and values. As one of the leading incense stick manufacturers in India and a trusted agarbatti exporter from India, they continue to expand their reach while staying true to their roots.

    Their products are more than just incense sticks; they are an experience—a way to connect with tradition, nature, and one’s own spirituality.

    Explore Melting Aromas

    For those who seek fragrances that tell stories, Melting Aromas offers a curated collection of incense sticks designed to enhance spiritual and personal spaces. From the soothing notes of Lemongrass to the meditative aura of Yogi Flora, there is a fragrance for every mood and occasion.

    Discover the world of Melting Aromas and join them in their journey of crafting memories, one incense stick at a time.

    For more information, visit Melting Aromas.

    Let Melting Aromas guide you on a journey through fragrance, tradition, and innovation.

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  • Amol Mehra joins Exide as President and Chief Procurement Officer

    Amol Mehra joins Exide as President and Chief Procurement Officer

    Kolkata (West Bengal) [India], December 04:Exide Industries Limited announced the appointment of Mr. Amol Mehra as President and Chief Procurement Officer (CPO), wherein he will be spearheading the group’s procurement and spend management efforts.

    Amol brings close to 25 years of experience in the field of Commodities, incl. Metals and Coal, as well as sales and trading across B2B and B2C segments. Having worked with organisations like Adani Enterprises Ltd, Trafigura India , KCM, Vedanta Group, Ballarpur Industries, GE Shipping in the past, Amol brings a wealth of knowledge with proven track record of operating not only in the Indian markets, but also the African, Middle East, SE Asian and China markets. In his most recent role, he was the Chief Business Officer and Joint President in Adani Enterprise Limited for their Integrated Coal Management Vertical.

    “I am delighted to welcome Amol to the Exide Team”, said Avik Roy – MD & CEO of Exide Industries Ltd. “Amol’s acumen and insightful experience will further strengthen our capabilities in procurement, thus driving greater efficiency and positive change across the organization.”

    Amol is a Mechanical engineer from DY Patil College of Engineering and Technology, Kolhapur and holds an MBA in Marketing & Production from B V Institute of Management, Kolhapur.

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