Blog

Mr. Mukund Mehta, Chairman & Managing Director of Kilitch Drugs New Delhi (India), March 21: Kilitch Drugs India Limited is a Leading MSME multinational manufacturer of Injectables in India and Ethiopia. Kilitch has purchased 15 Acres land parcel in Village: Maldev, Taluka: Pen, on Pen – Khopoli Highway, Maharashtra, as the beginning of its expansion plan. The land bought by the company will be used for establishing a state-of-the-art greenfield pharma manufacturing complex. The company plans to set up 4-6 manufacturing units in different therapeutics categories to cater to the growing demands in Domestic and Exports markets. The expansion will…

New Delhi (India), March 21: BSE (560961) & NSE (VIKASECO) listed Vikas Ecotech Ltd. an emerging player in the global arena of the high end specialty chemicals players, offering eco-friendly and technologically superior products to the world has announced that on persistence and support extended by the promoters of the Company, it has paid back Rs. 60 million today, taking the total amount of bank-debt reduced in the Phase-II to Rs. 360 million and the overall bank-debt reduction to Rs. 580 million till date. After completion of both these phases, and intended additional bank-debt repayment, bank-debt shall get reduced by approx.…

The AI-powered collection intelligence platform uses predictive technology to help banks identify and reduce NPA  March 21: Medius AI, a collection intelligence platform, is pioneering digital debt management and NPA (non-performing assets) resolution for banks in India. Launched in 2021 by Nitin Purswani, Medius AI aims to revolutionize the lending industry by decreasing the volume of bad loans and NPA across the sector. Rooted in the idea to equip banks with actionable insights, Medius AI is helping overcome the intensifying crisis of NPAs that has significantly grown after the Covid-19 outbreak.  Medius AI delivers artificial intelligence and machine learning capabilities…

Udaipur, March 19: Udaipur-based entrepreneur Mehul Soni’s luxury ceiling fan brand, Oltao (www.oltao.co), has been empowering buyers across India with extraordinary unique ceiling fans that are a fusion of fan and chandelier. Despite the ever-growing availability of fancy and decorative pieces for floor and wall decoration, people are only left with very limited choices when it comes to the ceiling. Thinking and buying fancy things for the ceiling is a problem most homeowners face. It is why many people invest in chandeliers to amplify the beauty of their homes. Although there are numerous unique and gorgeous chandelier designs available, the…

Bhubaneswar (Odisha) [India], March 19: Adding yet another feather to its cap of scripting scores of success stories, Odisha’s veteran stevedoring firm Orissa Stevedores Limited (OSL), under the able stewardship of its managing director (MD) Mahimananda Mishra, has achieved its mission of handling and transferring heavy lift cargo via riverine navigation from Paradip Port. Accordingly, OSL has been successful in discharging heavy lifts of about 400 metric tonnes (MT) at Paradip Port as well as positioning the cargo at Luna Jetty by virtue of riverine navigation. Pertinent to note that Luna Jetty is about 45 km away from Paradip Port. …

Spetrol Founder Ram Budime and Team Warangal (Telangana) [India], March 19: Spetrol, a Warangal-based startup, intends to be the ‘Amazon’ of High-Speed Diesel (HSD) door-to-door delivery by developing its energy distribution network to over 300 customers across sectors in Telangana, Andhra Pradesh, and Karnataka by 2022-23. Being Telangana’s premier energy distribution startup, Spetrol is following government policy, which states that there is a significant demand for HSD for fixed equipment such as generator sets, earth moving equipment, heavy machinery used on building sites, mobile towers, and so on. Businesses who required fuel delivered had to contact for each delivery, which was…

Nitish Agarwal, Executive Director of BNI Ahmedabad, says the organisation’s members have emerged stronger from the pandemic. Ahmedabad, March 19: Business Network International (BNI), the world’s leading business referral organisation, is looking to give a significant boost to the economy by more than doubling the business transactions it facilitates in Ahmedabad. BNI Ahmedabad has 38 chapters and a membership base of more than 2,000. The members include businesses of all sizes and from sectors including real estate, manufacturing, services, architects, brokers, Information Technology, retail, and much more. “Networking is a great tool for growing business, and nobody does it better…