Tag: Business

  • Global Entrepreneurship Honor & Award 2024

    Global Entrepreneurship Honor & Award 2024

    New Delhi [India] September 3: The importance of recognising and honouring remarkable entrepreneurs cannot be overstated. Corporate Connect is a platform to spotlight the distinctive business environments, innovative ideas, and notable transformations that can bring revolution and growth.

    This time, “Global Entrepreneurship Honor & Award 2024” recognises and celebrates entrepreneurs reshaping the economy through their unique initiatives. Corporate Connect has introduced this award in collaboration with  Business Connect and CIO Forum. This honour validates the recipients’ dedication and struggles and catalyses success in the future.

    Corporate Connect showcases the profiles of 4,000+ business leaders and entrepreneurs in its 7000+ pages on digital portals. All the stories are narrated here in highly engaging and interactive ways to inspire future leaders and create a distinctive stance in the publication realm.

    Below is the list of the latest awardees who caught our attention with their significant contributions and achievements.

    Enser Communications Limited

    Rajnish Sarna (Managing Director)

    Award Category: Impact Recognition—Highly Acclaimed Innovative BPM Company to Watch Out—2024

    Enser Communications Limited was established in 2008 in Mumbai to help businesses manage their customer life cycle through its unique business process management. This company’s core vision is to become its customers’ preferred partner and empower them with the best solutions with a cost-effective and scalable business model.

    Stratacom Technologies

    Tridiv Das (Founder and Senior Business Consultant)

    Award Category: Impact Recognition—Globally Acclaimed Business Strategy and Consulting Firm to Watch Out—2024

    Strata is renowned for bringing forth purpose-driven transformation. It exerts notable influence in business consulting and communication. The company is actively growing under the dynamic leadership of Tridiv Das, Founder and Senior Business Consultant at Strata. The company’s core mission is to ignite and nurture transformation and bring about changes across the workplace, individuals, businesses, and society.

    Manipal Academy of BFSI

    Robin Bhowmik (Chief Business Officer)

    Award Category: Impact Recognition: India’s Highly Regarded BFSI Education and Training Platform to Watch Out for 2024

    Manipal Academy of BFSI is a leading name in India as a learning solution provider for the BFSI sector. It came into existence in 2008 to offer domain-specific knowledge to young professionals. The institution has trained more than 2,00,000 professionals throughout the industry, with Robin Bhowmik, Chief Business Officer, at the helm.

    Bitoodle Online Services Pvt. Ltd.

    Navniit Gupta (Founder & CEO)

    Impact Recognition: Well-Acclaimed Smart Cards for Smart Payment Solutions, 2024

    Envisioned to share financially responsible generations of India, Bitoodle Online’s YPay streamlines the way towards financial freedom and completely controls your money anytime, anywhere, without a bank account. The brain behind the brand, Navniit Gupta, founder and CEO, plays a significant role in taking the concept to new heights.

    Sub-K Impact Solutions Ltd.

    Mr Sasidhar N. Thumuluri (Managing Director and CEO)

    Award Category: Best Digital Disruptor in Financial Inclusion to Watchout-2024

    Sub-K Impact Solutions Ltd. is renowned for offering last-mile banking and financial solutions, including credit, savings, payments, and insurance. Since its inception, the company has successfully served over 3 million customers across 25 states in India, with Mr Sasidhar N. Thumuluri, CEO and MD, at the helm. The core mission of Sub-K Impact is to transform lives by enabling financial inclusion.

    MIT College of Management

    Dr. Prof. Sunita M. Karad (Executive Director)

    Award Category: Best Art, Design, and Technology University of the Year 2024

    MIT College of Management is a leading private university recognised by the government. A part of the MIT Group of Institutions, Pune, MIT is envisioned to deliver world-class value-based education. It is a multidisciplinary university offering specialised UG and super-specialized PG programs based on industry demands and the latest trends.

    Geosolution Proservices Pvt. Ltd.

    Indrajit Batabyal (Director)

    Award Category: Impact Recognition: Globally Acclaimed Geological Engineering Consulting Services To Watchout-2024

    Geosolution Proservices Pvt. Ltd. acts as an innovative solutions provider in the field of survey and investigation under the dynamic leadership of Indrajit Batabyal, Director of Geosolution. It began in 2000 and has been actively working in topographic surveying, geotechnical engineering, geohydrology and hydrology, engineering geology, and geophysics.

    Nahars Group, India

    Key Executive: HARSHAL S NAHAR (MANAGING DIRECTOR )

    Award Category: Impact Recognition in 2024: Nahars India Group, a Well-Acclaimed Brand for Automotive Components Design and Development, under the leadership of Harshal S. Nahar

    Nahars Group India, earlier known as Laxmi Group Industries, is a premier manufacturer and supplier of automobile components to OEMs. With a solid presence in Maharashtra and some southern states of India, Nahars Group specialises in diverse automobile applications like two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles.

    Neostats Analytics Solutions Private Limited

    Key Executive: Gino George (CEO)

    Award Category: Impact Recognition: Globally Acclaimed Data and AI Solutions Provider to Watch Out 2024

    Incorporated in 2022, NeoStats aims to democratise world-class, data-driven transformations for business under the dynamic leadership of Gino George, CEO of NeoStats. With offices across the UAE, India, and the UK, the company serves clients worldwide across data, analytics, and martech.

    Virtual Galaxy Infotech Pvt. Ltd.

    Key Executive: Avinash Shende (Managing Director of Operation & Planning), Sachin Pande (Managing Director/CEO (Business Development & Management)

    Award Category: Global Excellence in Integrated MIS for Banking and Finance, 2024

    A renowned firm, Virtual Galaxy Infotech Pvt. Ltd., a trailblazing force in the IT (SaaS) industry since 1997, has consistently delivered cutting-edge solutions under the visionary leadership of Sachin Pande (M.D. and CEO) and Avinash Shende (M.D. of Operations and Planning). With an unwavering commitment to excellence, Virtual Galaxy transforms challenges into opportunities through deep, holistic analysis and a mastery of the latest technologies. Every project is a testament to the company’s dedication to solving clients’ problems with precision and innovation.

    Paramvir Power Solutions LLP

    Key Executive: Vishal Sapara (Director), Priyang Doshi (CEO)

    Award Category: The 10 Most Visionary Business Leaders to Watch in 2024

    Established in 2023, Paramvir Power Solutions LLP is a leading name in engineering, design, manufacturing, and services. The company serves an array of industrial defence applications, traction, and clean energy under the fine guidance of Priyang Doshi, CEO.

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  • Indian Ice-Cream Expo 2024: Pioneering Global Trends in Gandhinagar

    Indian Ice-Cream Expo 2024: Pioneering Global Trends in Gandhinagar

    Gujarat [India], September 3: The Highly anticipated 12th edition of the Indian Ice-Cream Expo (IICE) took centre stage today with its inauguration at Gandhinagar’s Helipad Exhibition Centre. Scheduled from September 3rd to 5th, 2024, this premier event will spotlight the evolving landscape of the ice cream industry.

    Organised by the Indian Ice-Cream Manufacturers’ Association (IICMA) and managed by AIM Events, IICE 2024 showcases the latest innovations, trends, and advancements in the ice cream sector. Attendees can expect a comprehensive overview of the industry’s diverse fields, offering valuable insights and opportunities for networking and collaboration.

    This year’s expo aims to push the boundaries of ice cream production and distribution, providing a platform for industry leaders, manufacturers, and enthusiasts to explore new developments and global trends.

    Resonating the TITLE Partnership with HAIER, IICE is supported by DAMATI Group, KAP Group and Starland Group (Lotus Machineries Solutions Pvt. Ltd.)  as an esteemed PLATINUM Partner. The golden touch is given by DP Chocolates, Morde Foods, Micron, and Nextgn (Shruti Ice Mac) as GOLD Partners. A warm acknowledgment goes out to the CO-Partner, Cosmo Plastech.

    The inauguration was graced by Chief Guest – Shri. Parshottam Rupala Member of Lok Sabha, Guest of Honour – Dr. R.S. Sodhi President-Indian Dairy Association, Chairman, NIFTEM-T.

    IICE 2024 commenced in the presence of eminent figures from IICMA, alongside renowned ice cream brands, including Amul, Vadilal, Scoops, Havmor, HOCCO, Hangyo, Arun, Naturals, Dairy Classic, Dairy Don, Creambell, Dinshaw’s, Pastanji, Top N Town, Apsara, Pabba’s, and many other luminaries. This stellar constellation imparted a sense of brilliance and profound insight to the occasion.

    The expo’s impressive scale is evident in the participation of over 30 international companies, many of which are making their debut at the 12th IICE. This diverse global representation attests to the event’s exceptional international impact and broad appeal.

    The comprehensive showcase features a diverse array of activities:

    On the first day, they commenced with a warm welcome to the VVIPs and the event’s inauguration, followed by a comprehensive seminar led by industry experts, offering attendees valuable insights and learning experiences. On the second day, September 4th, the agenda includes extensive workshops by renowned chefs, ice cream innovators, bloggers, and enthusiasts.

    Throughout all three days, the focus will be on B2B development, fostering business opportunities for growth and expansion.

    Some dynamic notes from the big players:

    Rajesh Gandhi, Chairman of Vadilal Industries and the Indian Ice-Cream Manufacturers’ Association (IICMA) extended a warm invitation to all backers in the ice cream industry to fully engage in IICE 2024. He cited that the expo will become a thriving hub for dynamic business opportunities and energetic activities.

    Sudhir Shah, Managing Director of Scoop Ice Cream and President of IICMA, said that the expo’s essential role is building connections, sharing insights, and advancing business growth within the industry. The 12th edition of IICE promises to be a premier venue for industry progress and enrichment.

    Echoing the industry’s palpable excitement, Ashish Nahar, Secretary of IICMA, reflected the widespread enthusiasm among professionals, exhibitors, and visitors eagerly anticipating the event. He also recognised the significant interest from delegations both nationally and internationally.

    Firoz H. Naqvi, Director of AIM Events, reported that the Indian ice cream market, valued at approximately INR 30,000 crore (USD 2 billion) as of March 2023, is projected to grow at a CAGR of 10-12% over the next five years. A young population, an expanding middle class, urbanisation, and a shift towards premium and innovative ice cream products drive this growth. The current per capita consumption of ice cream in India has surpassed 1.8 litres.

    As the curtain is raised on the Indian Ice-Cream Expo 2023, the industry stands united to celebrate its evolution, innovation, and limitless possibilities. It’s time to join hands and cheerfully proclaim, “Glory to IICE 2024!”

    Exhibitors’ Profile

    IICE 2024 presents a rich array of exhibitors from across the ice cream industry, highlighting manufacturing machinery, ingredients and flavours, specialised equipment, dairy and confectionery products, food processing innovations, cold chain refrigeration, consultants & service providers, as well as E-Commerce platforms.

    Visitors’ Profile

    IICE 2024 draws a diverse and engaged audience, including industry professionals, retail and food service, hospitality and trade, government and educational institutions, consultants and media.

    The event is a vibrant marketplace and a hub for networking, knowledge exchange, and exploring new business opportunities. Attendees will benefit from interactive sessions, live demonstrations, and insightful discussions, setting the stage for future innovations and collaborations in the ice cream industry.

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  • Shubhshree Biofuels Energy Ltd Launches Stock, Expanding Its Green Energy Impact

    Shubhshree Biofuels Energy Ltd Launches Stock, Expanding Its Green Energy Impact

    New Delhi [India], September 2: Shubhshree Biofuels Energy Ltd, a leading force in India’s green energy sector based in Jaipur, has announced the launch of its stock, marking a significant milestone in its journey to revolutionize the energy industry. As a market leader in the biofuel sector, Shubhshree Biofuels specializes in the production and supply of high-quality briquettes and pellets, positioning itself among the top green fuel companies in India.

    The company’s briquettes and pellets are crafted from compressed waste products derived from timber machining and sawmill operations. Through an industrial pressing process, these byproducts are transformed into compact, energy-dense fuel sources. Unlike conventional firewood, Shubhshree Biofuels’ briquettes and pellets offer a higher calorific value, burning hotter and more efficiently. Their uniform shape and size make them easier to transport and store, offering a more convenient handling alternative to traditional logs.

    Founded with the vision to replace coal and gas with cleaner, sustainable fuel alternatives, Shubhshree Biofuels Energy Ltd is committed to promoting pollution-free industries and converting waste into valuable energy resources. This mission aligns with the company’s dedication to advancing green energy solutions and contributing to environmental sustainability.

    Under the strategic leadership, Shubhshree Biofuels operates as a highly professional firm. Its team includes experts in marketing, human resources, management, and business leadership, all contributing to the company’s growth and innovation. With the launch of its stock, the company aims to further establish itself among the top players in the green energy sector, targeting a revenue milestone of INR 1000 crore.

    For more details about Shubhshree Biofuels Energy Ltd’s products, services, and investment opportunities, visit their website at shubhshreebiofuels.co.in/about/.

    As Shubhshree Biofuels Energy Ltd enters the stock market, it continues to lead the way in green energy, offering innovative solutions that drive sustainability and efficiency. The company invites investors and partners to join its mission to revolutionize the energy industry and promote a cleaner, greener future.

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  • Namo eWaste Management IPO To Open On 4th September, Sets Price Band At Rs 80 to Rs 85 Per Share

    Namo eWaste Management IPO To Open On 4th September, Sets Price Band At Rs 80 to Rs 85 Per Share

    New Delhi [India], September 2: Incorporated in 2014, Namo eWaste Management Limited authorized recyclers to offer services for the collection, disposal, and recycling of e-waste. The company is poised for its initial public offering (IPO), with plans to raise INR 51.20 crores through the issuance of 60.24 lakh new shares.

    For its SME Initial Public Offering (IPO), Namo eWaste Management Limited has established a price band of Rs 80 to Rs 85 per share. The company’s shares will open for subscription on Wednesday, September 4, 2024, and close on Friday, September 6, 2024. These will be listed on the NSE SME, with a projected listing date of Wednesday, September 11, 2024.

    Hem Securities Limited is the book-running lead manager of the Namo eWaste Management IPO, while Maashitla Securities Private Limited is the registrar for the issue. The market maker for Namo eWaste Management IPO is Hem Finlease.

    The proceeds of the issue will be utilized to fund the capital requirements of its subsidiary, i.e. Techeco Waste Management LLP, towards setting up a new factory unit at Nashik, funding to meet working capital requirements and general corporate purposes.

    On Monday, September 9, 2024, the shares for the Namo eWaste Management IPO are anticipated to be allotted, and on Tuesday, September 10, 2024, the shares will be credited to the demat account of the allottees. The IPO comprises 50% of the net issue for QIB, 35% for retail investors and 15% of the net issue for the NII segment.

    Retail investors need to contribute a minimum of Rs 1.36 lakh, considering the minimum lot size for an application is 1600 shares. For HNIs, the minimum bidding size is two lots, or 3200 shares, for a total investment of Rs 2.72 lakh at the upper price band.

    Namo eWaste Management Limited’s revenue increased by 73%, and profit after tax (PAT) rose by 183% between the financial year ending with March 31, 2024 and March 31, 2023.

    Namo eWaste Management provides comprehensive services for the recycling of Electrical and Electronic Equipment (EEE) such as air conditioners, refrigerators, laptops, phones, washing machines, fans, etc.

    The company’s service portfolio includes Electronics recycling, Refurbishment, and Extended producer responsibility (EPR) services. The company has leased a factory in Faridabad, Haryana, India, with an area of 2566 square meters, and a storage and dismantling unit in Palwal, Haryana, India, with an area of 16,010 square meters.

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  • Aeron Composite Ltd’s Rs. 56.10 crore IPO receives overwhelming response, subscribed over 41 times; listing on 4 September.

    Aeron Composite Ltd’s Rs. 56.10 crore IPO receives overwhelming response, subscribed over 41 times; listing on 4 September.

    New Delhi [India] September 2: The initial public offering of Ahmedabad-based Aeron Composite Ltd, engaged in manufacturing and supply of fibreglass reinforced polymer products, received an overwhelming response for its Rs. 56.10 crore SME IPO and got subscribed over 41 times. Non institutional investor category received the highest interest among investors and was subscribed over 75 times. The retail segment was subscribed over 33.7 times, and the Qualified Investor segment was subscribed over 27.8 times. The public issue of the company closed for subscription on 30 August 2024. Company’s shares will be listed on the NSE EMERGE Platform of the National Stock Exchange on September 4, 2024.

    Company received bids for over 11 crore equity shares, aggregating a total subscription amount of Rs. 1,455 crores against the 28.36 lakh shares offered in the public issue. Company also raised Rs. 15.17 crore from anchor investors on August 27, allotting 12.14 lakh equity shares at Rs. 125 per share (including a share premium of Rs. 115 per share)

    Out of the proceeds of the public issue, Rs. 39 crore will be utilized to fund the capital expenditure requirements towards setting up a manufacturing unit at Mehsana, Gujarat and general corporate purposes. Hem Securities Ltd is the book-running lead manager of the issue.

    The initial public offering of Rs. 56.10 crore comprised a fresh issue of 44.88 lakh equity shares of face value of Rs. 10 each. Company has finalized a price band of Rs. 121-125 per equity share for the public issue. The minimum lot size for retail investors is 1,000 shares, amounting to a minimum investment of Rs 1,25,000 at the upper price band of Rs. 125 per share. Retail investor quota for the IPO is kept at not less than 35% of the net offer, the HNI quota is kept at not less than 15% of the offer, and the QIB portion is kept at not more than 50% of the offer.  ‘

    Aeron Composite

    Incorporated in year 2011, Aeron Composite Ltd is engaged in the business of manufacturing and supplying Fiber Glass Reinforce Polymer Products, i.e. FRP products, including FRP Pultruded Products, FRP Moulded Gratings & FRP Rods tailored for various industrial applications. FRP product is a composite material consisting of a polymer matrix (resins) reinforced with fibers such as fiberglass, carbon or aramid. This combination offers benefits, including corrosion resistance, chemical resistance, high strength, lightweight properties, electrical and thermal non-conductivity, and ease of fabrication. The company provides comprehensive solutions, which include conceptual design, prototype development, testing, manufacturing, logistic support, installation and after-sales service.

    The company’s manufacturing facility, certified by ISO 9001:2015, is located in Saket Industrial Estate at Changodar, Ahmedabad and is spread over 26,320 square metres. The manufacturing facility is certified for the design, manufacture and supply of FRP pultruded products, FRP Handrails, FRP cable trays, FRP fencing, FRP moulded gratings, FRP Cross arm, FRP poles, FRP rods and module mounting structures for solar panels (MMS). Company exports to more than 30 countries

    The company has reported excellent operational and financial performance over the years. The Company has witnessed a multi-fold growth in revenue and profitability over the years. For FY23-24 (till February 2024), the company has reported a net profit of Rs. 9.42 crore (PAT Margin 5.26%), EBITDA of Rs. 14.27 crore (EBITDA margin 7.97%) and revenue from operations of Rs. 179.14 crore. For the Full year of FY2022-23, the company reported a net profit of Rs. 6.61 crore (PAT Margin 3.69%), EBITDA of Rs. 9.82 crore (EBITDA margin 5.48%) and revenue from operations of Rs. 179.38 crore.

    As of February 2024, the Net Worth of the company was reported at Rs. 34.78 crore, Reserves & Surplus at Rs. 33.21 crore and Asset base of Rs. 99.79 crore. As of Feb 2024, the ROE of the company was 31.33%, ROCE was 29.67%, and RONW was 27.09%, with a healthy debt/equity ratio of 0.35 times. Promoter Group’s shareholding in the company will be 73.63% of the public issue. Shares of the company will be listed on NSE’s Emerge platform.

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  • Lancer Container Lines Ltd enters agreement with Indonesian company to lease 10000 TEUs

    Lancer Container Lines Ltd enters agreement with Indonesian company to lease 10000 TEUs

    New Delhi [India] September 2: Lancer Container Lines Ltd, one of the leading integrated Shipping and Logistics solution providers in India, has entered an agreement with a prominent Indonesian company, P.T. Map Trans Logistic, Surabaya, to lease 10,000 TEUs (Twenty-Foot Containers and Forty-Foot Containers). The agreement was signed in the presence of Mr. Khalik Chataiwala, Managing Director of Lancer Container Lines Limited, and Mr. Praful Jha, Director of P.T. Map Trans Logistic, Surabaya.

    The management at Lancer Containers Lines Limited views this strategic partnership as a step forward in increasing leasing activities, thereby helping the company expand its business and enhance shareholder value. This partnership is expected to positively impact the company’s financial performance, leading to overall growth resulting in the strengthening of its market position.

    Earlier, the company had announced its mega expansion plans for the next few years. Company aims to expand its TEU capacity to 45,000 by FY26 from nearly 20,000 in FY24 and intends to steadily grow its container inventory by incorporating 200-300 containers each month to meet rising demand. Company aims to become a fully integrated service provider and is actively exploring opportunities to purchase a new vessel. The measures are expected to yield healthy revenue and margin growth in the coming years.

    Highlights:

    • Company is actively exploring opportunities to purchase a new vessel to become a fully integrated service provider.
    • In Q1FY25, Lancer Containers Lines Ltd added 3,008 TEUs to our existing portfolio; Company’s expanded container fleet now stands at 22,707 TEUs.
    • The company intends to steadily grow its container inventory by adding 200-300 containers each month in response to the rising demand from freight forwarders.
    • The company has a presence in over 30 countries and serves 86 ports and 36 ICD locations.
    • The company is expanding its reach by exploring new trade routes and transporting containers to multiple destinations where there is demand for cargo.
    • Company reported revenue of Rs. 172.4 crore, EBITDA of Rs. 15.91 crore and Net Profit of Rs. 12.1 crore in Q1FY25.
    • Improving its operational performance and profitability, In FY24, company reported Total revenue of Rs. 646.8 crore, EBITDA of Rs. 88.1 crore (EBITDA Mgn 13.9%) and PAT of Rs. 58.3 crore (PAT Mgn 9.2%).

    Incorporated in 2011, Lancer Container Lines Limited is engaged in providing highly integrated shipping and logistics services in India. The Company is providing services in regions like Indian Subcontinent, South East Asia, Far Coast, Mediterranean Sea, Red Sea, Black Sea, Asia, Middle East, Africa, CIS Countries, USA, Europe, and Latin America. The company has secured some of the key registrations in the global logistics domain AMTOI, FIEO, BIC France, WCA WORLD, and GNN. The company has a presence in over 30 countries and serves 86 ports and 36 ICD locations.

    Mr. Abdul Khalik Chataiwala, Chairman and Managing Director, said, “Our focused efforts on expanding our container fleet and optimizing our service routes have led to a significant rise in the number of containers handled. Company’s expanded container fleet now stands at 22,707 TEUs. This growth highlights our strategic investments in fleet expansion and logistics optimization, demonstrating our ability to meet the increasing demands of global trade. In Q1FY25, we added 3,008 TEUs to our existing portfolio. Aligned with our growth strategy, Lancer Container is poised to pursue an ambitious expansion plan, aiming to raise the TEU capacity to 45,000 by FY26. Our strategic positioning in Dubai continues to be a cornerstone of our operational strategy. The company is expanding its reach by exploring new trade routes and transporting containers to multiple destinations where there is demand for cargo.”

    Q1FY25 Results: Company reported revenue of Rs. 172.4 crore, EBITDA of Rs. 15.91 crore and Net Profit of Rs. 12.1 crore in Q1FY25. This notable performance comes amid a backdrop of rising container shipping rates due to persistent port congestion and a challenging macroeconomic environment coupled with geopolitical tensions. Despite these headwinds, our focus on optimizing operations and leveraging market opportunities has enabled us to achieve growth and maintain our competitive edge.

    For FY24, the company reported a total revenue of Rs. 646.8 crore, EBITDA of Rs. 88.1 crore (EBITDA Margin 13.9%) and Net Profit of Rs. 58.3 crore (PAT Margin 9.2%). EBITDA and PAT margin rise of 320 bps and 280 bps, respectively, in FY24 highlights the improvement in the operational and financial matrix of the company.

    Lancer Container Lines

    Industry Prospects: India’s shipping logistics sector is pivotal to its economic growth, with ambitions to elevate waterways transport’s share from 6% to 12% by 2025. Projections indicate the logistics market will surge to US$ 317.26 billion in 2024 and reach US$ 484.43 billion by 2029, at a CAGR of 8.8%.

    To bolster this trajectory, the government has introduced initiatives like LEADS, a single-window online platform offering comprehensive logistics solutions, including transport and warehousing. Subsidies, such as a 12% incentive for Indian-built and flagged vessels and support for shipbuilding and repairs, further stimulate the sector.

    The Bharatmala Pariyojana scheme plans the development of 35 Multimodal Logistics Parks (MMLPs) with a combined investment of Rs. 46,000 crore (US$ 5.5 billion). These parks are expected to handle approximately 700 million metric tonnes of cargo, with 15 key locations earmarked for Rs. 22,000 crore (US$ 2.6 billion) in funding.

    Aiming to enhance trade competitiveness and operational efficiency, India seeks to climb to the 25th position in the Logistics Performance Index and reduce logistics costs from 14% to 8% of GDP by 2028, marking a targeted 40% reduction.

    “Looking ahead, we are optimistic about our future. With our strategic initiatives, solid financial foundation, and commitment to excellence, we are poised to navigate challenges and seize opportunities. We remain dedicated to sustainable growth and creating value for our shareholders, customers, employees, and communities. Our strategic plan is centered around significant investments in expanding our fleet, enhancing infrastructure, and advancing technology. These initiatives are geared towards leveraging the expected growth in global trade and maritime logistics, positioning us for sustainable, long-term success by FY26.,” said Mr. A. Khalik Chataiwala.

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  • Ridhima Dua Concludes India’s Premier Week-Long Advanced New Code NLP Event In Pune – Setting New Standards in Experiential Transformation Coaching

    Ridhima Dua Concludes India’s Premier Week-Long Advanced New Code NLP Event In Pune – Setting New Standards in Experiential Transformation Coaching

    Pune (Maharashtra) [India], September 2:  The coaching and training industry in India reached a new pinnacle last week as Ridhima Dua, Founder and Director of iFlame Consulting, successfully concluded a groundbreaking Advanced New Code NLP (Neuro-Linguistic Programming) program at the Sheraton Grand’s Sovereign Room. This week-long event, held from August 23-30, has been recognized as one of India’s finest New Code NLP practitioner programs, setting a benchmark for experiential learning and deep transformational coaching.

    The event attracted a diverse group of participants from across the country, including Delhi, Punjab, Maharashtra, Chennai, Bangalore, Orissa, Hyderabad, Karnataka, Rajasthan, Madhya Pradesh, and Uttar Pradesh.

    The event was made even more special by the presence of Mr. Gurmukh Arora, Ridhima Dua’s father, who graced the occasion with his wisdom and simplicity. He shared a powerful message with the participants from various cities, emphasizing the importance of believing in the phrase “ho jayega,” which means “it will happen.” His words served as a guiding principle for maintaining a positive state of mind, resonating deeply with the audience.

    Having undergone three months of intensive online training, these individuals gathered in Pune for an immersive eight-day in-person experience, followed by a year-long follow-up training. This comprehensive approach ensures that participants internalize the techniques and transform into better versions of themselves, ready to take on the mantle of international coaches.

    Approved by the International Trainers Academy (ITCA) and led by Dr. John Grinder, Michael Carroll, and Carmen Bostic, this program stands out for its rigorous standards and content-free coaching methodology. The focus was on enabling participants to embody change through New Code games and experiential exercises, moving beyond traditional motivation techniques to a more profound, lifestyle-integrated transformation.

    The New Code certification is exclusively provided by the International Trainers Academy (ITCA), led by Dr. John Grinder, Michael Carroll, and Carmen Bostic.

    Ridhima Dua is the first Indian woman to be approved as a certified ITCA member and New Code NLP trainer. Additionally, she serves as a mentor and satellite partner with the NLP Academy. With over 17 years of experience and more than 30,000 hours of training across diverse sectors, Ridhima Dua has established herself as a leading authority in this field.

    Having interacted with personnel from 55 countries and over 20,000 individuals from different fields, Ridhima has become a leading figure in the NLP community. Her unique distinction comes from having learned directly from the creators of New Code NLP, bringing that expertise back to India to revolutionize the coaching landscape.

    Speaking about the event, Ridhima shared, “Transformation is not just about reading and understanding; it’s about experiencing and embodying change at a deeper level. This event was about making that transformation a lifestyle, where the process becomes part of who we are. Our mission is to help people transform themselves, and by doing so, empower them to transform the world.”

    Ridhima’s approach to coaching goes beyond the typical motivational frameworks often seen in the market. She emphasizes that true coaching involves deep, sustained practice and personal transformation, which in turn enables coaches to effect meaningful change in others.

    She says, “Our mission is to transform coaches so that they can effectively transform the lives of individuals. Coaches need to have clarity as well.”

    Her programs offer hand-holding and continuous practice sessions, with some participants engaging in these exercises for up to four years, ensuring they fully integrate the New Code NLP techniques into their lives and coaching practices.

    The program also included a Level Up course specifically designed for corporate trainers and individuals aspiring to start their journey as professional trainers. Ridhima’s services encompass classic code practitioners, New Code practitioners, corporate training, one-on-one coaching, and customized training programs, making her a versatile and impactful force in the coaching industry.

    The event marks a significant milestone not only for the participants but also for the broader coaching community in India.

    The event garnered high praise from participants, who were deeply impacted by both the content and Ridhima Dua’s unique approach to teaching.

    Jyotsna Mohanta from Odisha highlighted the profound influence of Ridhima as a teacher, stating, “Before NLP is – the guru who is teaching, the human being who is teaching. That human being has gone through so many changes in herself and has tested practices for herself. That is more important, and the way she handles it makes all the difference.”

    Dr. Diksha from Mumbai also emphasized the dedication and commitment of Ridhima, saying, “A lot of people conduct programs and courses, but what stood out was that even on the 7th day, after the entire session was concluded, Ma’am was still engaged. Despite the work going on in the room to enhance the stage, with so much noise around, her focus and dedication remained unwavering.”

    The techniques and methodologies introduced by Ridhima during this program are expected to set new standards in how coaching is perceived and practiced in the country. Her vision is twofold: to help individuals transform themselves and to equip coaches with the tools they need to transform the world.

    The successful conclusion of this event signals the beginning of a new era in coaching and training, with New Code NLP at the forefront. The participants left the event with a renewed sense of purpose and a clear roadmap on how to implement these advanced techniques in their coaching practices, promising a ripple effect of positive change across their communities.

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