Narayan Seva Sansthan, that began its operation modestly in 1985 with a small hospital in Udaipur with the help of a donation from a Kolkata-based individual and currently runs two hospitals (800 beds and 300 beds each), 30 centres, 20 physiotherapy centres, 49 branches abroad, is now aspiring to emerge as one of the leading healthcare brands, that stands for ‘service’ and ‘care’.
The Mysore-based agarbathi to aerospace-diversified conglomerate NR Group, is gearing up to expand its reach globally and explore new geographies with Cycle Pure Agarbathies. The company is already the biggest exporter of agarbathies with sizeable presence in as many as 65 countries.
In a first such instance, Gujarat NRE Coke — which has been ordered to undergo liquidation proceedings by NCLT — is heading for a fresh lease of life through a new scheme proposed by the promoters. Earlier, the Kolkata bench of the National Company Law Tribunal (NCLT), in an order dated January 11, directed how the company will be liquidated — as a going concern by slump sale to protect the 1,200 employees and others associated with them.
Temi Tea, from the stable of The Temi Tea Estate located in the southern parts of Sikkim in the north east India, the only tea garden in the state established in 1969 which still owned by the state government, seems well set to tap the US tea market with its range of offerings.
UGC-recorgnised Bhartiya Skill Development University (BSDU), one of the handful of skill development universities in the country, founded by Switzerland-based Indian scientist Rajendra Joshi (who is credited for the invention of Tecfidera-BG 12), a medicine against multiple sclerosis (MS), is in the process of shelling out nearly Rs 600 crore over the next four years to emerge as the largest skill development university in the country with 36 different schools and a student base of 10,000.
State-run Allahabad Bank has refereed 65 accounts of stressed assets involving an amount of about Rs 12,566 crore to National Company Law Tribunal (NCLT) for resolution under Insolvency and Bankruptcy Code (IBC) during last financial year.
The bank said in its annual report that the it was focusing on recovery and rebalancing loan book with emphasis on small, micro, agriculture and retail advances. The number of wilful defaulters declared by the bank was 257.
Bond with the youth’ seems to be the mantra at Comio Smartphones, the upcoming mid-segment smartphone brand from the stable of Topwise Communication, one of the leading original device manufacturers (ODM) from China. And with this in view, the brand managers at Comio are working on to create an ecosystem and a community—aptly called, Comionity – that will engage with its target group on an one-to-one level. And to take this mantra forward meaningfully, the company has got associated with YouTube stars- Shraddha Sharma (actor and singer), Darshan Rawal (of India's no.
United Breweries Ltd, a leader in the alco-bev segment in India, which recently rolled out the iconic Dutch beer brand, Amstel in the markets of Bangalore, Pondicherry and parts of Telangana, has already lined up its pan India launch over the next 18 to 24 months, said Samar Singh Sheikhawat, senior vice president, marketing, United Breweries Ltd.
Interestingly, the super – premium strong beer segment in the country is nearly 10 million cases, growing at a CAGR of 40 per cent. The other key brands in this segment are Carlsberg Elephant, Budweiser Magnum and Kingfisher Ultra Max.
Come 2019 and the Swedish luxury car company Volvo Car India is working on to usher in a “historic end” to building models that only have an internal combustion engine. This means that all new cars launched by Volvo from 2019 onwards would be partially or completely battery-powered. Volvo Cars aims at selling 1 million electrified cars by 2025. And the company hopes to accomplish this by creating two or more hybrid versions of every car it sells. Volvo’s first fully-electric car will be in the market sometime in 2019,
Offering a well-balanced drink for daily consumption and catering to different moods and palates are going to be two key market differentiators and brand positioning formula for Typhoo, the third largest tea brand from the UK with more than 100-year heritage, now owned by the Apeejay Surrendra Group. With the organic and herbal tea market witnessing a significant upsurge thanks to growing awareness of health, wellbeing and natural ingredients, Typhoo has made up its mind to tap this growing segment much more aggressively.