Tag: Business

New Delhi [India], October 24: Remember, your mommy’s way of keeping aside money for any financial emergency. This lesson is something that Gen Z can keep in mind when they are starting their careers. Just like your mommy has been managing money for emergencies, similarly, you can also create a source of extra income to enjoy trips and movies with friends.

Side hustling can help you earn more than you might be earning from your regular job and you can slay it like a pro. Not only that, it adds an extra feather to your cap by enriching you with some additional experiences and diversifying your life choices.

Fire Ideas to Create Side Income

All Gen Z cheer up! Let’s unfold the 8 ideas that keep you going to create another source of income and side hustle.

Stock Market Investing

Stock investing is nothing new and unheard of, and Gen Zs are also actively participating in this day and age of fin-techy investments. Gen Z doesn’t like to play completely safe by investing in FDs and earning minimal returns. They love taking risks and aggressively moving toward equities to generate market-rising returns on their investments.

With investing on the phone in a few clicks and all the stock market information on the go, Gen Zs are happily participating in the market gains. This is a smartphone generation and don’t like it if something is not tech-oriented.

SMC Global Securities is aware of that and always keeps its game on while making investing cool and knowledgeable for young investors. Investors are actively opening the Demat account by downloading the SMC ACE App from the Playstore/ App Store. The latest NSE report also highlights that investors below the age of 30 constituted 40% of the total investors in August 2024, a sharp rise from the 22.9% share in March 2018.

Dividend Earnings

The dividend is the reward distributed by the company to the shareholders in return for their strong earnings. Dividend stocks are the stocks that give regular dividend payout to the shareholders. These stocks can be a true side income creator for Gen Z to fulfill their monthly expenses. Investors can search for stocks that have a consistent dividend payout ratio and high dividend yield to earn more out of the company’s growth.

SWP (Systematic Withdrawal Plan)

Investing in mutual funds is like a cakewalk with SIPs starting from ₹100 and anyone can invest it from today. Mutual fund SIP can give compounded returns over a period of time, but it also provides a way to regularly withdraw a fixed amount. This way is known as SWP, which helps in creating another source of income while also keeping the money invested and growing over time.

Suppose an investor has an investment of ₹50 thousand in an equity mutual fund which is expected to give a return of 10% per annum. A Gen Z needs ₹2,000 to cover his monthly expenses and he started an SWP for this. After 1 year, he will take out the total withdrawals of ₹24 thousand and still have the remaining corpus of around ₹30 thousand in the mutual fund. With the SWP, he can freely cover his expenses through the regular and fixed side income.

Refer & Earn

Gen Z are always hooked on the phone and chatting with their friends. Surprisingly, it can turn out to be beneficial as they can earn through networking. But how? It is like the old way of bringing customers to the shop and getting a commission from the owner. One can refer their friends and family to their favorite stockbroking apps and earn some extra while relaxing.

One such stockbroker, which provides the “Refer & Earn” offerings is SMC Global Securities. You can get amazing rewards and vouchers by referring a Demat account to friends, family members, or social media followers.

Blogging

Gen Z are someone who doesn’t like writing classroom lectures in notebooks but they definitely love to share their thoughts. Blogging is one of the famous side income hustles wherein one writes content, posts infographics, web stories, and much more. It is a comprehensive way of sharing personal as well as professional thoughts.

People are side hustling and working on a freelance basis as per their convenience. They are creating website content and blogs for big brands and earning a great amount of money. They also write short motivational and life quotes on their own Instagram channel and Linkedin pages and write about history, geography, or finance to get additional ways of living. SMC Global Securities blogs keep investors updated about the latest IPOs, company earnings, stock investing ways, etc.

Influencing

Creating a reel on the trending song’s hook step for fun is not a bad idea, but Gen Zs are leveraging their social media following to create extra income as well. Nowadays, people are having regular conversations through podcasts and earning through ads and brand collaborations.

Influencers are collaborating with companies to make videos and reels on finance, food, health, lifestyle, design, make-up, etc. Through their social media fan base, they are easily side-hustling and earning even on weekends while enjoying what they do.

Pursue your Hobby

Gen Z are said to be always in a delulu but the truth is that they are also actively looking for solulu. They are the ones who can turn their passion into a profession without any fear be it dancing, acting, designing, photography, etc. By pursuing their hobbies apart from their routine jobs, they are making huge money.

Gen Z fulfills their photography passion in college fests or events and earns an extra penny. They are creating videos from home to share their talents like music, dance, graphic designing, and video editing. They are uploading these videos on their social media handles to earn income from ads, collaborations, etc.

Business from Home

Gen Z are risk-takers and they usually get bored with monotonous tasks at the workplace. They seek the mantra of living your best life and taking retirement early by grinding now. But for this, they need to have a strong business plan first at a young age.

Social media is an evident game-changer and people are starting their small businesses from home such as customized gift packing, printed t-shirts, online tutoring classes, website designing, home-cooked foods, etc. These all are manageable and people can start it small with less capital and then turn it into a full-grown business. With their full-time jobs, they can easily start small businesses from home and vibe with the side hustle culture.

Final Note

Side hustling is for real and Gen Z are breaking the old norms and taking the new ways to create a side income. What is being thought of as unachievable, this generation is taking a leap forward and breaking the old barriers of money management and financial planning. From huge participation in stock investing, blogging, influencing, and small businesses, these new-age side hustlers are leveraging tech at every step. Bet, you can also do your side hustle and all those dreams of going on holidays on your own can soon become a reality.

About the Author

I am Sheetal Goel, working as a content writer at SMC Global Securities. I hold 5+ years of experience in financial research and writing. As an Economics graduate and MBA (Finance), I possess the right skills to craft valuable blogs and make finance easy for readers.

Disclaimer: This article is only for informational purposes and does not intend to advise or recommend any sort of investment or platform. 

 

New Delhi [India], October 24: In the rapidly evolving landscape of building materials, LESSO Buildtech has emerged as the undisputed leader in India’s uPVC door and window segment. Renowned for its commitment to quality, innovation, and sustainability, LESSO has firmly positioned itself as the best uPVC brand in the country.

Why is LESSO the Best?

1. Unmatched Quality:- LESSO’s uPVC windows and doors are crafted with precision and adhere to global standards. The brand’s manufacturing processes are cutting-edge, ensuring that every product is durable, robust, and able to withstand India’s diverse climatic conditions. Whether it’s extreme heat, humidity, or heavy monsoon rains, LESSO’s products provide unparalleled performance.

2. Energy Efficiency:- LESSO uPVC windows and doors are designed to enhance energy efficiency by providing excellent insulation. This helps in maintaining a comfortable indoor temperature, reducing the need for air conditioning or heating, and ultimately lowering energy bills. For environmentally conscious consumers, LESSO is the ideal choice for sustainable construction.

3. Sound Insulation:- In bustling urban areas, noise pollution can be a challenge. LESSO’s uPVC windows and doors are engineered to offer superior soundproofing, making them perfect for homes and offices located in noisy neighbourhoods. The multi-chambered design of LESSO’s products ensures minimal sound infiltration, creating a peaceful indoor environment.

4. Low Maintenance:- Unlike traditional materials like wood or aluminium, uPVC requires minimal upkeep. LESSO’s windows and doors are resistant to rot, corrosion, and termite infestation. They don’t need to be painted or polished regularly, making them a cost-effective, long-term solution for both residential and commercial buildings.

5. Aesthetic Versatility:- LESSO offers a wide range of designs and finishes to suit various architectural styles. From sleek modern looks to classic styles, LESSO’s uPVC windows and doors enhance the overall aesthetic appeal of any space. Their products are available in multiple colours and finishes, providing customization options for architects, designers, and homeowners alike.

6. Eco-Friendly Solutions:- LESSO is deeply committed to environmental sustainability. Their uPVC windows and doors are made from recyclable materials, contributing to eco-friendly construction practices. Additionally, the energy-saving properties of LESSO products further reduce carbon footprints, making them the ideal choice for green building projects.

Branding By The SR Developers and Growwwmax InfoTech Pvt. Ltd

Key Features of LESSO uPVC Windows and Doors

• Weather Resistance: Resistant to extreme weather conditions, ensuring durability.
• Energy Efficiency: Excellent insulation properties that reduce energy consumption.
• Sound Insulation: Superior noise reduction for a quieter indoor experience.
• Customization: Multiple design options to complement any architecture.
• Low Maintenance: Minimal upkeep with no risk of rust, corrosion, or termites.

LESSO’s Market Leadership

In a competitive market, LESSO has emerged as the No. 1 uPVC brand in India, thanks to its focus on quality and customer satisfaction. Their extensive product range, superior engineering, and innovation have made LESSO a preferred choice among builders, architects, and homeowners.

Conclusion

When it comes to uPVC windows and doors, LESSO Buildtech stands tall as the top 10 uPVC window and door brands in India. The brand’s commitment to quality, energy efficiency, and sustainability ensures that it delivers top-notch products that meet the needs of modern construction. Whether you’re building a new home, renovating an office, or working on a large commercial project, LESSO’s uPVC windows and doors offer the perfect combination of performance, aesthetics, and value.

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New Delhi [India] October 23: In Cloveify Wearables Private Limited’s recent launch event, the Founder announced the brand’s commitment to sustainability and quality craftsmanship. The launch event, held on 1st October 2024 at the JTM Mall in Jaipur, India, was aimed at attracting fashion enthusiasts and eco-conscious customers.

By the end of the event, the Cloveify Founder, Bhanu Pratap Singh, even expressed how their collection’s unique designs and fashionable clothing does not compromise on the health of the planet. With a mission to promote eco-friendly practices in the fashion world, Cloveify hopes to continue using sustainable materials to make their clothing line eco-conscious.

“Each day, our Cloveify team comes together to collectively work towards supporting animal welfare donations and sustainable practices that can make an incredible impact on both a national and local scale. Our launch event was at the heart of what makes us more than just a fashionable clothing company,” said Bhanu Pratap Singh, the Founder. “Our customers inspire us, and we are excited to offer them a chance to give back to the causes that are closest to their hearts,” the Founder added while sharing about the success of his launch event held in Jaipur.

For every new clothing item purchased by Cloveify customers, the brand can donate 2 percent of its sales to animal welfare. Cloveify remains committed to environmental sustainability at every step of its journey. Customers can shop from the new eco-conscious clothing line of Cloveify, made from recycled materials and high-quality GSM fabrics ranging from 140 GSM to 280 GSM. Additionally, the MSME-certified company, Cloveify, delivers packages with eco-conscious solutions, like plantable seed paper, that can serve as a small contribution to social good.

Since the launch event held at the beginning of October, customers from Jaipur and other parts of India have placed more than a hundred orders and made significant contributions to welfare donations, helping animals in need.

The Start Up India certified company, Cloveify can help the new generation of India switch from brands supporting non-sustainable packaging materials. Eco-conscious brands like Cloveify can bring a new wave of revolution in the industry by helping customers save themselves from falling in trap of brands that use low-quality fabrics and non-sustainable packaging practices. Customers have already started to make a switch from brands that lack social responsibility and have limited eco-friendly fashion choices.

The ISO 9001:2015 certified company, Cloveify is amongst the socially driven brands that can change how the sustainable fashion market of India functions through increasing environmental awareness.

Ethical and sustainable shopping platforms like Cloveify can significantly reduce plastic waste. High-GSM brands like this one can conveniently overcome the drawbacks of low-GSM and fast-wearing concerns of the younger generation. An answer to the shopping demands of eco-conscious shoppers, fashion-forward youth, and socially responsible shoppers, the Jaipur-held launch event of Cloveify is now gaining traction among eco-conscious online shoppers across India. Within just a few days since its launch event, Cloveify has already started doing its part in filling the gap where fashion and sustainability options are limited.

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New Delhi [India] October 23: Merino Industries Ltd., a market leader in surface solutions, is taking bold strides with the launch of its new ‘Be Different’ brand campaign. As an innovation-driven company, Merino has always been committed to providing products that cater to the unique needs of its consumers.

The campaign, brought to life through an energetic TVC, targets individuals with a sole taste and a penchant for standing out with their preferences. The film takes an upbeat and refreshing tone, illustrating how the new Sampada Collection empowers consumers—especially women—to break away from the ordinary and make confident statement through choices for their interior spaces.

The Sampada Collection serves as a core expression of Merino’s ‘Be Different’ philosophy. It represents the perfect blend of tradition and modernity, offering designs deeply rooted in Indian heritage while appealing to contemporary tastes. For example, the Regal range draws inspiration from the majestic designs of royal maharaja palaces, while the Chikankari and Ikkat ranges bring traditional Indian art forms like embroidery and weaving into a modern context.

Speaking on the launch, Mr. Manoj Lohia, Director of Merino Industries Ltd. stated, “Our ‘Be Different’ approach is about pushing the boundaries of design and aesthetics, embodying the philosophy of the Merino Group, which has always led the way in creating new innovations for our customers. As an industry leader in product solutions, we are proud to launch the Sampada Collection, which beautifully exemplifies this philosophy. These products are not only unique but also deeply resonate with India’s rich cultural heritage. We’re excited to see how homeowners use these laminates to transform their spaces into something truly special.”

Sampada offers homeowners the opportunity to craft living spaces where history meets modernity, allowing them to embrace the best of both worlds while making a statement of individuality.

Watch the TVC link here

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Highlights:-

• KBC International Ltd, Ghana recently signed MOU with Liberia SEZ Authority for $12.5 Million residential, commercial, and low-cost housing projects
• In June 2024, KBC Global Ltd’s subsidiary, Karda International Infrastructure Ltd, secured a $20 million subcontract in civil engineering for soft infrastructure from CRJE (East Africa) Ltd.
• Company has entered into MOU with Capri Global Capital Ltd, securing a waiver of non-financial penal interest. Successfully fulfilled payment obligation to Capri Global Capital Ltd
• Company has commenced a new project in Deolali, Nashik with 6 commercial and 22 residential units
• Company has handed over possession for over 135+ residential and commercial units since April 2024.

New Delhi [India] October 23: Patanjali Food and Herbal Park, Falcone Peak Fund (CEIC) Ltd among other investors to invest upto Rs. 99.50 crore through convertible preferential warrants issue in KBC Global Ltd (Previously known as Karda Construction Ltd) BSE – 541161.

Board of directors of the company in the meeting held on October 16, 2024 has approved to issue total of 45.23 crore warrants on a preferential basis to non-promoters at Rs. 2.20 per warrants (including a premium of Rs. 1.20 per warrant) aggregating total Rs. 99.50 crore. Each warrant shall be convertible into one equity share of face value of Rs. 1 each fully paid up. The proceeds of the equity issue will be utilize for the repayment of debt. Extra Ordinary General Meeting of the company is scheduled on November 15, 2024 for the same.

Out of the total issue of 45.23 crore warrants to be issued, Falcone Peak Fund (CEIC) Ltd is proposed to allot 26 crore warrants, Patanjali Parivahan Pvt Ltd and Patanjali Food and Herbal Park to be allotted 4.55 crore warrants and Foresight Holding Pvt Ltd is expected to be allotted 2.28 crore warrants. Post issue of the warrants, shareholding of Falcone Peak Fund (CEIC) Ltd in KBC Global Ltd is expected to be 8.48%, Patanjali companies around 1.48% and and Foresight Holding Pvt Ltd around 1.04% respectively.

Warrants issue is in accordance with the provisions of SEBI (Issue of Capital and Disclosures Requirements) Regulations, 2018 and warrant shall be converted into equity shares of the company within 18 months of the allotment with receipt of the remaining amount. Board of directors also appointed Ms. Muna Makki as an Executive Director of the Company subject to approval of Members.

Recently, KBC International Ltd, Ghana drop-down subsidiary of KBC Infrastructure Ltd, UK (Wholly owned subsidiary of KBC Global) has entered to Memorandum of Understanding with Liberia Special Economic Zone Authority for construction and development of residential building complexes, low cost housing and Commercial space in SEZ with estimated cost of USD 12.5 million USD. The project is expected to commence from Q2 2025 and is expected to complete within three calendar years. Liberia Special Economic Zone Authority is entity established by Government of Liberia under Special Economic Zone Act 2017. This is a second prestigious international order received by KBC Global.

In June 2024, KBC Global Ltd, through its subsidiary Karda International Infrastructure Ltd, has secured a $20 million civil engineering subcontract in the soft infrastructure segment from CRJE (East Africa) Ltd. CRJE, part of the China Railway Construction Group, has a strong legacy of building railways and five-star hotels across Africa. This contract marks KBC Global’s entry into Africa’s infrastructure development, positioning the company as a key player in the region’s growth.

Company has recently commenced a new project in Deolali, Nashik. The project is located at Survey No. 87/2/2B, Plot No. 4, on Jai Bhavani Road has a proposed area of 31,998 sq ft with six commercial and twenty-two residential units on the plot area of 761.32 sq meter.

Established in 2007, the company specializes in developing and selling residential and residential-cum-office projects in Nashik, India. Key projects include Hari Gokuldham, Hari Nakshtra-II Eastext Township, and more. The company focuses on residential, commercial, and contractual projects and has announced strategic expansion plans domestically and internationally.

On 21^st September 2024, company has successfully fulfilled its payment obligation to Capri Global Capital Ltd and has fully regularized the default on September 19, 2024. Furthermore the company also entered into a favourable Memorandum of Understanding (MOU) with Capri Global Capital Limited, securing a waiver of non-financial penal interest. As of today, the outstanding balance with Capri Global Capital Ltd stands at Rs. 13.50 crore. This agreement underscores the strong relationship and trust between both parties, positioning the company for continued growth and stability. This will add more pace to construction activities of projects Hari Vasant, Hari Aakruti Phase II of the company.

During the month of September, 2024 the company has successfully handed over possession of 13 units from its projects – Hari Kunj Mayflower – 5, Hari Krishna Phase IV – 4,  Hari Vishwa – 1 and Hari Sanskruti Phase II 4. Since April 2024, the company has handed over possession of total 135+ residential and commercial units in Nashik, Maharashtra. This includes 91 units from the Hari Kunj Mayflower project (MAHARERA Reg no: P51600020249) and 28 units from the Hari Krishna Phase IV project, with the rest from other ongoing projects.

Disclaimer: The article is for general information purposes only and should not be construed as professional medical advice. Always consult your doctor before taking any step.

New Delhi [India] October 23: Siyaram Recycling Industries’ revealed that it had received a purchase order for 100 tonnes of brass billets from M/s. Al Qaryan International, Dubai, with a total value of USD 590000 (about Rs 5.00 crore).

Recently the Board of Directors of Siyaram Recycling Industries Limited at its meeting held, on Saturday, October 5, 2024 approved fundraising through preferential issue of 30,00,000 fully paid up equity shares of face value of Rs. 10/- each at an issue price of 118/- per equity share for an aggregate amount of up to Rs. 35.40 Cr.

Additionally, subject to shareholder approval, the Board of Directors approved raising the company’s authorised share capital from Rs. 20,00,00,000/-divided into 2,00,00,000 shares of Rs. 10/-to Rs. 25,00,00,000/-divided into 2,50,00,000 shares of Rs. 10/-. On Friday, October 18, shares of Siyaram Recycling Industries, a small and medium-sized organisation (SME) owned by Mukul Agrawal, surged 6% to reach an all-time high of Rs 168 per share.

Since their debut in December of last year, shares of Siyaram Recycling Industries have experienced tremendous growth. The price band for the company’s initial public offering (IPO), which took place last year between December 14 and December 18, was between Rs 43 and Rs 46 per share. Among Dalal Street’s multibagger stocks in 2024 is Siyaram Recycling Industries, which has gone up from Rs 64.80 to Rs 165.75 in the market, yielding a multibagger return of 155.79% YTD.

Since its debut, the firm has rewarded its initial public offering (IPO) investors with multibagger returns, as the stock has provided an incredible 260% return over its issue price when compared to the current market price. Professional investor Mukul Agarwal has holding in Siyaram Recycling Industries since he participated in the company’s preferential issue, which took place on October 5, 2024, and was granted 22,00,000.00 shares amounting to Rs 25,96,00,000.00.

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Hyderabad (Telangana )[India] October 22:Sravani Hospitals marked the grand opening of its new state-of-the-art multi-specialty facility in Kukatpally with a successful inauguration on the festive occasion of Dussehra. The event saw a tremendous turnout as the hospital offered free First Aid Kits to the first 1,000 visitors, a gesture aimed at promoting health preparedness and community well-being.

The inaugural ceremony was graced by notable dignitaries, including Dr.Bhaskar Rao Bollineni, Founder of KIMS Hospitals, Dr. Manjula Anagani, Padma Shri Awardee and renowned gynecologist, and Sree Leela, GST Commissioner, all of whom commended Sravani Hospitals for its commitment to providing world-class healthcare services to the residents of Kukatpally and its surrounding areas.

The newly launched facility at Kukatpally will offer a comprehensive range of medical services including Anaesthesiology, Cardiology, Neurology, Oncology, Orthopaedics, Urology, Paediatrics, and Critical Care, Gastroenterology ( Surgical & Medical), Nephrology, Pain Medicine, Pediatric Surgery, Gynecology & obstetrics ensuring patients have access to top-tier medical care under one roof.

Dr. Hareesh Tarigoppula, Managing Director of Sravani Hospitals, expressed his gratitude for the support the hospital has received, stating, “We are thrilled to have launched our Kukatpally branch today. The overwhelming response and support from the community reaffirm our mission to deliver advanced medical care with compassion. Our free First Aid Kits initiative is just the beginning of our ongoing efforts to promote health and safety in the region.”

Speaking at the event, Sravani Chettupalli, CEO of Sravani Hospitals, said, “We are here to create a healthcare environment where every patient feels valued. With our new Kukatpally branch, we are excited to extend our services to a broader community and provide high-quality, accessible healthcare for all.”

Dr. Naveen Chettupalli, President of Sravani Hospitals, added, “Our new facility is equipped with the latest medical technology and staffed by experts dedicated to delivering the best outcomes for our patients. Today’s successful inauguration signifies a new chapter in healthcare for the people of Kukatpally and beyond.”

With its modern infrastructure and a team of specialized healthcare professionals, Sravani Hospitals Kukatpally is set to become a trusted healthcare hub for residents. The hospital’s vision to provide holistic and accessible healthcare continues to drive its expansion across Hyderabad.

Founded in 2022, Sravani Hospitals has quickly emerged as a premier healthcare provider in Hyderabad, recognized for its excellence in multi-specialty services. Named the Top Emerging Hospital in South India by the Times of India in 2023, Sravani Hospitals is committed to delivering healthcare with innovation, compassion, and excellence, making it accessible to all sections of society.

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