In expansion mode, KSP INC announces the opening of 1 Lakh Sq. Ft manufacturing plant in Noida

New Delhi,  May 2022: KSP INC, a major brand in metal fabrication and an export company has announced the start of a new 1 lakh square feet manufacturing plant in Noida, which will be ‘highly automated’ and will ensure that the products manufactured are globally competitive.

The factory will use advanced technologies, allowing simultaneous connection of various machines, human workers and AGVs (automatic guided vehicles) as they perform manufacturing tasks. High-speed, real-time data acquisition throughout the factory will provide data on all aspects of production cycles for AI-based analysis to achieve a safe, flexible production environment.

The new manufacturing unit will be operational in the month of September this year and it will benefit the local communities as it is expected to create employment opportunities for around 1600-1800 people.

Commenting on the development, Siddhant Bery, Second Generation Entrepreneur, Managing Partner, KSP INC said, “With a focus on operational efficiency, the 1 lakh square feet has been designed with the latest technology and fitted with the most up-to-date manufacturing equipment and levels of automation optimised to consistently deliver high-quality products. At the same time, the plant will create around 1600-1800 jobs.”

“As automation is the future, our goal is to make KSP INC a global manufacturing company by achieving sustainable and continuous growth via the use of technology and innovation. This Year, we will add 4-5 new product categories under the family of metal fabricated consumer goods in order to have a balanced portfolio. In the next few years, we also plan to channel our efforts into this venture that will allow us to increase our worldwide reach”, he added.

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Soaring Above The Competition, Double Chabi Leads The Way in Basmati Rice Production

Double Chabi is an esteemed brand in the production and distribution of rice, and has been active for over seventy years in the commercial space, with no sign of slowing down any time soon. In fact, with the fourth generation of the founding Goyal family having joined the workforce, Double Chabi’s success is all but assured.

The company had been founded in 1959 by Kashmiri Lal Satpal, the patriarch of the family, in Taraori, Haryana, on a fertile patch of land across the Yamuna. From the very beginning Double Chabi was dedicated to providing the best possible product to the consumers. Established during the second five year plan of the Indian government, Double Chabi took advantage of the developmental initiatives and investments the newly independent Indian government was making in agriculture and industry, and blossomed into an extremely successful business over the years.

Till the 90s Double Chabi functioned within the boundaries of the nation, gradually expanding its business from one state to another. But in the last decade of the 20th century, as India liberalized its economy and opened up the possibilities of international trade, Double Chabi began exporting its products. Currently about 40% of their output is exported across five different continents.

The export section of the business was started during the 3rd generation of the family, by Brij Bhushan Goyal, who has been leading the company for the last three decades with the help of his brothers Jitendar and Pankaj Goyal. It is only recently that the aforementioned fourth generation of the family has joined Double Chabi’s management with Pushkar Goyal, whose youthful earnestness and energy has added a new dimension to the company’s activities.

An alumni of IILM Gurugram, where he studied BBA, Pushkar did a detailed survey of his family business as well as the circumstances of grain production and distribution in the subcontinent, before joining it and working his way to the top. 

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LIC listing today to India getting new warships: Here’re top news on May 17

India will on Tuesday launch two indigenously built frontline warships, marking a significant development for the military. Prime Minister Narendra Modi will address the silver jubilee celebrations of TRAI, the country’s telecom regulator. Life Insurance Corporation will list its shares at the stock exchanges after a blockbuster initial public offering. The Indian embassy in Kyiv, the capital of war-torn Ukraine, is all set to reopen.

Here are the top five developments for May 17.

Rajnath Singh to launch frontline warships

Defence Minister Rajnath Singh will, on Tuesday, launch two indigenously-built frontline warships of the Indian Navy. The inauguration will take place at the Mazagon Docks in Mumbai.

The two warships, that are to be launched, are called Surat and Udaygiri. Surat, named after the bustling port city in Gujarat, is the fourth and final of stealth destroyers under the Project 15B program. Udaygiri, on the other hand, is named after a mountain range in Andhra Pradesh. It is the third of Project 17A frigates.

PM Modi to address silver jubilee celebrations of TRAI

Prime Minister Narendra Modi will address a program marking the 25th-anniversary celebrations of the Telecom Regulatory Authority of India (TRAI) at 11 am on Tuesday. The PM will attend the program through video conferencing.

According to a press release from the Prime Minister’s Office, he will also release a postal stamp to commemorate the occasion. Modi will also launch a 5G Test Bed at the program. The project, developed by eight institutes led by IIT-Madras, cost more than Rs. 220 crore.

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Edtech Firm Logicmojo Comes Up with A Platform for Riveting Live Learning

Logicmojo, a virtual learning platform, is set to launch live classes to impart practical knowledge and hone technical skills. This real-time interactive program makes the education more convenient by facilitating instant doubt clearing support from the instructor. 

The firm said, these live classes aids candidates in cracking the interviews at leading product-based companies. The courses are customized for both novice as well as professionals aspirants and comprise helpful concepts, problem-solving tactics, and well-organized content.

Furthermore, this live interactive program includes peer-to-peer learning to enable learners to teach each other what they know and learn from their experiences. Also, there will be real-life projects to provide practical experience to the professionals to fuel their respective career demands, the Logicmojo official added. 

“Speaking of the professionals, they get little time to keep up with their study schedules. On top of that, there is a lack of swiftness in addressing doubts in the traditional learning curriculum. Hence, Logicmojo live classes are revolutionary for an immersive learning experience. These would enable the aspiring professionals to interact with the FAANG experts for effective doubt solving in real-time.” – said Ravi Singh, the CEO and Founder of Logicmojo.

Logicmojo recently conducted a live webinar on ‘Data Structure and Algorithms (DSA)’ to communicate and teach the zealous learners more conversationally and interactively. As per Logicmojo, more such webinars are anticipated in the near future to facilitate the wide-ranging learning requirements of professionals. 

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Google, Samsung help Android developers sync fitness data between apps

Google and Samsung have joined hands to give developer an opportunity to sync users’ health and fitness data between Android apps and their devices.

Called ‘Health Connect’, the platform and API (application programming interface) is for Android app developers to securely access users’ health data.

With user permission, developers can use a single set of APIs to securely access and share health and fitness data across Android devices, Google said in a statement.

“We’re building this new unified platform in collaboration with Samsung to simplify connectivity between apps” to foster richer app experiences while also providing centralised privacy controls for users,” the tech giant added.

Google is working with developers including MyFitnessPal, Leap Fitness and Withings as part of an early access programme.

In addition, Samsung Health, Google Fit and Fitbit are adopting Health Connect. All developers can get access to Health Connect’s common set of APIs for Android via Android Jetpack,” the company informed.

‘Health Connect’ supports many common health and fitness data types and categories, including activity, sleep, nutrition, body measurements and vitals like heart rate and blood pressure.

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Vivo to launch S15, S15 Pro, along with TWS Air earbuds on May 19

Vivo has scheduled the launch date for the Vivo S15 and Vivo S15 Pro smartphones on May 19; the same day the company will be launching the Vivo TWS Air earbuds.

As reported by Mashable, rumours about both the handsets have been surfacing online for the past few weeks and according to tips, the Vivo S15 handset could pack a Qualcomm Snapdragon chipset while the Pro-variant could come with a MediaTek Dimensity chipset.

The company has confirmed the arrival of the smartphones and the TWS earbuds in China on May 9 by an announcement made on Weibo. The launch event is scheduled to start at 7 PM CST or 4:30 PM IST.

The launch event can also pack further surprises where we can expect new colour variants of the Vivo Watch 2 and Vivo Pad as these two devices can also be seen on the poster.

A few days ago, the Vivo S15 Pro was discovered on a Chinese certification website, suggesting that the smartphone may come with a 6.62 inch AMOLED display and the MediaTek Dimensity 8100 chipset. However, the company had only announced the release date, and specifications will be officially announced during the launch event.

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Holcim to use proceeds from India sale for lower carbon acquisitions

Holcim will use cash raised from the sale of its Indian business for acquisitions focused on building products and solutions, Chief Executive Jan Jenisch said on Monday, with the cement-maker currently eyeing 10 potential targets.

Holcim agreed to sell its Indian business to Adani Group for 6.4 billion Swiss francs ($6.38 billion), its largest divestment in years, as it seeks to lower its carbon profile and raise funds for takeovers.

Over the last 15 months Holcim has spent 5 billion Swiss francs ($4.99 billion) on a string of companies outside the cement market as it pivots towards building products like roofing and mortars.

“We hope we can keep a similar pace and put this money to work very fast,” Chief Executive Jan Jenisch told reporters.

“At the moment we have around 10 transactions being checked by us, being negotiated by us. They are small transactions, they are bigger transactions,” Jenisch told reporter.

“We are ready for another Firestone,” he said, referring to the $3.4 billion purchase of the American roofing business Holcim made last year.

The company would also look at smaller bolt on deals in the aggregates and ready-mix concrete areas, Jenisch said.

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They are real life superheroes” says Rajnath Singh praising TMR team

Defence Minister Rajnath Singh has come forward and felicitated the “Tiranga Mountain Rescue” team for saving the lives of the armed forces personnel from natural calamities like avalanches and sandstorms. The meeting took place in the National Capital to congratulate the TMR team for working tirelessly to rescue and train the Indian defence personnel. Every winter, the TMR team visits over 140 locations across the country, training thousands of soldiers, to build a team that can provide professional and specialized training as well as a comprehensive rescue support system to the Indian Army on a long-term basis.  The team is focused on providing avalanche rescue and training to Indian Army mountain craft personnel.

In numerous avalanche-prone border locations, the TMR has sent six teams in coordination with the Indian Army. Three teams are stationed in Kashmir, two in Ladakh, and one in Sikkim. Till now, the TMR team has trained over 20,000 defence forces personnel and the squad of mountaineers who have completed multiple mitigation and rescue missions under the leadership of Col. Satish Sharma (retd.).

The TMR Bravehearts squad consists of approximately 20 experienced mountaineers (both veterans and civilians) who are continually trained by Air – Zermatt in Switzerland, the world’s premier mountain and avalanche rescue organization. The training assures that the TMR crew is ready for the upcoming missions with maximal toughness. Some of the reputed personalities who attended the event are Director General Military Operations Lt Gen BS Raju, Vice Chief of the Army Staff Lt Gen Manoj Pande, and other senior military officials.  

TMR teams landed in Srinagar in November 2018 and met with Chinar Corps Commander Lt Gen AK Bhatt, who reaffirmed the commitment to safeguard soldiers’ lives. Tiranga Mountain  Rescue has provided rescue services in the most dangerous, high-risk, and avalanche-prone sections of the Alps from 2016 to 2018. Furthermore, TMR is also offering advanced training for cover, route analysis, rescue, and other operations.

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Madhavbaug’s PAT up 785 per cent in FY22

 


The company is planning to tie up with over 30 insurance company to its facilitate patients
Madhavbaug, brand of Vaidya Sane Ayurved Laboratories Ltd, a specialist in treating and reversing cardiac related ailments through their Ayurvedic treatment and therapies, reported a whopping 785 per cent growth in net profit after tax (PAT) in FY2021-22 despite facing Covid related lockdowns in the initial few months. Madhavbaug’s net profit stood at Rs 3.46 crore in FY 22 as compared to Rs 39 lakhs in FY21.
Madhavbaug, which operates 272 clinics and 2 hospitals spread across eight states in India saw its gross revenue increase to Rs 75.04 crore in FY22, a 43 per cent rise from Rs 52.37 crore in FY 21 while its EBIDTA grew 66 per cent from Rs 4.36 crore to Rs 7.25 crore during the same period.
The robust all-round performance came on the back of solid double-digit growth witnessed across its treatment verticals amidst a surge in the number of patients seeking ayurvedic remedies underscoring the growing relevance, acceptability and efficacy of the traditional line of treatment.
“I am happy to announce that Madhavbaug has shown remarkable business performance in FY21-22 achieving pre-covid turnover with strong contribution from all over segments after overturning barriers like lockdowns in initial months of the year. Both our clinics, which include company owned as well as Franchise owned clinics along with hospitals, have recorded highest ever revenues and EBIDTA. During this reporting period, we continued to focus on collaboration with industry market player across our businesses with view to efficient patient services and to drive future growth,” said Dr Rohit Sane, MD & CEO, Vaidya Sane Ayurved Laboratories Ltd (Madhavbaug).
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Justin Nelson’s Sphere Rocket VA Upends Virtual Assistant Business with Customized Solutions

With remote work becoming more common especially in the wake of the pandemic-induced restrictions, the demand for virtual assistant, or VA, services have been growing. In a study of over fifty career categories, FlexJobs found virtual assistant was one of the top 10 fastest-growing remote career categories. In a nutshell, a VA provides remote services to professionals who need someone to support their business. The duties of a VA may include anything from answering emails to performing web development or content creation. In other words, a VA takes a huge burden off a busy professional’s shoulders.

The idea to create a virtual assistant business came to Justin Nelson, a 25-year-old licensed realtor and a serial entrepreneur despite the young age, during a road trip that lasted almost a year and brought him to 135 locations in the US where he delivered speeches to real estate agents. “Speaking is by far my biggest talent that I have. I love speaking and can sell anything to any audience when the offer is right and the need is there,” explains Justin. He taught over 10,000 realtors how to use social media in their line of business. By the time Justin hit the road, he was an experienced realtor with 5 years in the family real estate business under his belt and dozens of deals closed and hundreds of leads generated, all thanks to his mastery of social media tools. The business was initially founded by Justin’s father after the end of a long corporate career. Putting his son in charge of lead generation and all marketing turned out to be the right decision. In the sixteen months after getting his real estate license, Justin made $360,000 in CGI, an impressive outcome for a budding realtor. Having been promoted to the position of a team leader at the age of 19 he was instrumental in growing the team to fifteen people and opening an office in Colorado

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