Author Posts
BankingNew Launch

Ujjivan’s women savings account

The account comes with many benefits including interest of up to seven per cent on balance. jjivan Small Finance Bank, Ua part of Ujjivan Financial Services, launched Women Savings Account named Garima Savings Account. The account will offer multiple customised benefits to women including up to seven per cent interest on the savings account. Through the product, the bank aims to serve financially aware and economically active women by being a companion in their day-to-day banking needs. The account offers a higher cashdeposit and free unlimited withdrawal at any of its branches with no additional charges for non home branch transactions. Customers would also enjoy unlimited free NEFT and RTGS transactions through internet banking and mobile banking. The account comes with a persona...

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Uncategorized

Neelkanth offers Forevermark collections

Neelkanth Jewelers has launched a diamond brand from the De Beers Group, at its store in, Bengaluru in association with Forevermark. Known for exquisite hand- crafted designs for the last three generations, Neelkanth offers all the Forevermark collections including the Circle of Trust, Traditional Setting, Tribute and Forevermark Icon Collection. Film star Srinidhi Shetty attended the event wearing a stunning three-line solitaire necklace, she selected her top five pieces from the Forevermark Collection and unveiled Forevermark's 100 Carat Program at the store. Forevermark is the diamond expert that offers the best quality of diamonds to its partners, with its stringent selection process. Each Forevermark diamond is uniquely inscribed and comes with a guarantee that every diamond...

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New Launch

India Medtronic’s TYRX Envelope

TYRX is a value-based offering aimed at lowering infection risk and reducing readmission rates with the long-term goal of creating better outcomes. India Medtronic launched TYRX Absorbable Antibacterial Envelope (TYRX Envelope), an absorbable, single-use, antibacterial envelope designed to stabilize a cardiac implantable electronic device (CIED) or implanted neurostimulator while releasing antimicrobial agents over a minimum of seven days. Constructed from a multifilament, knitted absorbable mesh, the TYRX Envelope holds the CIED device and is fully absorbed by the body approximately nine weeks after implantation. It can be used with any implantable defibrillator, pacemaker, or neurostimulator. Annually in India, 50,000 people with heart conditions receive a CIED, such as a pacemak...

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entrepreneurwomen

WOMEN ARE KNOWN FOR MULTI-TASKING

Now women have ventured into almost every business sector, including the real estate industry. If you know what drives your passion and you are ready to put your heart and soul in it nothing is impossible to achieve, says Manju Yagnik, ViceChairperson of the Nahar Group and Senior Vice President, NAREDCO Maharashtra in an exclusive interview with Deepak Pandey of Ecostar Business. Excerpts: Q: In the real estate business, not many women head offices. You are one of the exceptions. How has been your career journey through the male-dominated real estate industry? Kindly recall. Ans : After completing my education in 1987, I took up a challenging profession, yet matched my passion, by joining the Nahar Group. When I joined the industry was heavily disorganised. I could learn many thing...

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NRI Entrepreneur

MUTHU GOVINDAN – A UNIQUE ENTREPRENEUR MODEL

The great Indian business legend, Jamsetji Tata's 12-meters-high statue at Jamshedpur impressed Muthu Govindan. That sparked his passion again for being an entrepreneur in life. With a meagre capital that he saved from his job, he started a business before going abroad, recalling, “if anyone needed to see what one man could do look at the statue” Muthu Govindan is a non-resident Indian (NRI) entrepreneur based in UAE. Besides UAE, he has set up business in Qatar, Spain and Portugal and also India. Son of a Station Master, Indian Railways and only brother of six sisters, Muthu Govindan belongs to a rare class of entrepreneurs for having many admirable qualities and principles. A brilliant student in his school days, he, however, dreamt to be an entrepreneur. The passion remained in him ...

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MSMEQ & A

MSMEs’ endless crises Better initiatives required

Q. You are now the President of the TTC MIDC Industries Association for two years. How do you assess the issues faced by industrial units located in the MIDC region? A. TTC-MIDC Industries Association (TAMIA), formerly known as Small Scale Entrepreneurs Association (SSEA), as the name itself indicates, is an association of small and mid-sized entrepreneurs. Many of the units belonging to the association are too small. Other than the members, there are hundreds of smaller and very largeindustrial units in the sprawling region. Each one has its own set of issues. Small units have bigger issues ranging from tax to right labour supply and from negligence of law to dishonest elements crept in the ecosystem. Industries still face the legacy of trade unionism and plenty of local governi...

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MSME

Duromax Hitech Coatings Slow and steady wins the race

A name of high quality specialised paints, coatings and adhesives Sanjay Deshmankar, the owner of Lucknow-based Duromax Hitech Coatings, has never been hurrying to upturn his business volume with an aggressive marketing blitzkrieg or another way of adventure. He believes in taking careful steps and a systematic approach so that the delivery of the products is smooth with better stabilisation. The success of the products, where there is a huge entry barrier, speaks his many years long hard work for gaining technical knowledge,demands of the market and dedication to realise his dream. He has freely allowed the phase of trials and errors to ensure what is delivered will be infallible. After completing graduation in mechanical engineering from MNNIT, Allahabad in 1983, Sanjay Deshmankar jo...

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Success Story

Omfurn India Ltd New Opportunities For Growth

Omfurn India is an icon of trust in the furniture business. With thepromoters' highest level of integrity and dedication to the goal of reachingnew levels ahead of time, the company sees a bright future for its business. The Vishwakarma Brothers are originally from Jaunpur, Uttar Pradesh. When the eldest of the brothers, Rajendra came to Mumbai in 1976 in search of a job, he was only 16 years. He had finished the education of only eighth standard then. The life of Rajendra Chitbahal Vishwakarma began in Mumbai by being a helper to his brother-in-law, Hiralal for nearly two years, before taking up an independent job as the next step in his career life. Finding a job in Mumbai with the knowledge of a trade that he inherited from tradition wasn't otherwise tough. However, that had man...

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Success StoryUncategorized

SIDDHI VINAYAK METAL PRESSING WORKS

FLOURISHING OPPORTUNITIES AHEAD Business is growing, yet no laid-back attitude. Vikas Mahante's son, Pratik wanted to restart in a clean state, moving away from all the legacy of liabilities. With an established customer base and the capability to offer newer products to the same customers, Pratik, the third generation entrepreneur, sees flourishing growth opportunities in the days ahead. However, he does not discount any of the challenges that an average business establishment usually faces from time to time. Vitthal Mahante, after working for three decades at Tata Steel, founded the company in 1982 with his two sons Vikas and Hemant. The seed capital of ₹20,000 was spent on buying machinery and acquiring raw materials to execute the first order placed by Tata Steel. After work...

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Cover Story

Rakesh Shah’s Entrepreneurial Acumen

Entering a billion-club & growing faster After some years of trading in chemicals, Rakesh Shah entered into the manufacturing of speciality chemicals. In 1996, in a major break-through, he bought a small chemical unit, to which incidentally he was doing jobworks then. Rakesh Shah was only 25 year then. Today the company's annual turnover is around ₹100 crore. With the ensuing expansion and diversification plans, the size will move up manifold. It is through the company's expertise in waterborne emulsions, it makes eco-friendly products in areas where solvent-borne emulsions have a big demand. Water-based latexes can be designed to perform a similar task to solventbased systems, without the environment ramification. The efforts of R&D enable the company to consistently improv...

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