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Showing posts with the label Press Release

India’s food service market to reach USD79.65 billion by 2028

Day-one of eleventh edition of Indian Restaurant Congress 2022 which is currently taking place at the Pullman Hotel in Aerocity, New Delhi on 21 st and 22 nd November was power packed with hot trends and visionary messages led by top leaders in the Restaurant industry and the brightest professionals in food service. Along with the valuable takeaways from industry’s game changers and a Whitepaper on “Food service & Restaurant Business Report 22-23”, Co-Produced by Francorp & RestaurantIndia.in, was also released today. Over 100 speakers shared their experiences on the day-1 of the India's most prominent restaurant show, including renowned operators in the food and beverage industry such as Navin Gurnaney, CEO, Tim Hortons India; Unnat Varma, Managing Director (Asia Pacific) - Pizza Hut (Yum! Restaurants Inc.); Atul Kochhar, Michelin-Starred Chef & Restaurateur; Raghav Joshi, Cofounder, Rebel Foods; Rohit Kapoor, Chief Executive Officer, Swiggy - Food Marketplace. The

Welspun One receives awards for excellence in logistics

Welspun One Logistics Parks, a pan-India integrated fund, industrial asset development, and management company, has been recognised for its innovative and tech-enabled warehousing solutions across the country. Welspun One has been at the forefront of the warehousing and logistics park revolution and has brought pioneering ideas to the sector in a short span of two years. Welspun One has been awarded ‘Best in class Warehousing Company’ and its Managing Director Anshul Singhal has been conferred with the ‘Best Warehousing Leader in India’ at the 6th Future of Logistics & Supply Chain Awards 2022 held in Mumbai on 20th October. Additionally, the company has received an award for its flagship warehousing facility in Bhiwandi, Maharashtra, as the "Industrial / Warehousing Project of the Year" at the 14th Realty Excellence Awards, West held in Mumbai on October 19, 2022. For his contributions made to the sector, Mr. Singhal was also awarded "CXO of the Year" at this e

Fire evacuation lift mandatory across Maharashtra

The Energy Department has issued the Circular as ‘Advisory on Installation of the Fire Evacuation Lifts in the High Rise Buildings having height 70 Meters and above.” Making the ‘Fire Evacuation Lift’ mandatory is seen as a visionary step in providing Safer and Faster route for Fire Officers to reach the higher floors to save lives and assets. Meanwhile, it is one of the safest and fastest modes for evacuating people stranded in emergency situations of fire in High Rise Buildings. Maharashtra has become the first State in India to make Fire Evacuation Lifts mandatory for buildings 70meters and above since January 2018 in what is termed as the solution to mounting emergencies during fire-fighting. As part of the evacuation solutions, many Developers of High - Rise Buildings in the cities like Mumbai have installed or are currently opting to install non-standardized or low graded Fire Evacuation solutions/Lifts. However, these Non-standard Fire Solutions/ Evacuation Lifts may not provid

Century Plyboards’s Q1 Results for Financial Year 2022-23

India’s leading plywood company, Century Plyboards (India) Ltd., held their board meeting today to announce the company’s Q1 financial results for the quarter ending June 30th, 2022. Highlights: · Net Revenue from operations for the Quarter, ending 30th June, 2022 were Rs. 881.48 crores; an increase of 96.4% over corresponding period of last financial year Rs. 448.88 crores. · Earnings before Depreciation Interest and Tax for the last quarter of Financial Year 2022-23 was Rs. 151.26 crores, an increase of 128.8% over corresponding period of last financial year Rs. 66.11 crores. · Profit After Tax for the quarter ending 30th June, 2022, was Rs. 96.47 crores; showing an increase of 184.68% over corresponding period of last financial year Rs. 33.89 crores. · We have performed exceptionally well across our product portfolio during the quarter under review Commenting on the company’s performance, Sajjan Bhajanka, Chairman, Century Plyboards (I) Ltd said “Q1F

GT SABERA 2020 reflects the future of Social Impact in India

    Themed ‘ Humanity beyond Calamity: Preparing for the new world order ’, the third consecutive edition of Social And Business Enterprise Responsible Awards & Summit, GTSABERA 2020 concluded during an exclusive virtual event today. The annual event attracted nationwide participation by diverse organizations and individuals across corporate and development sector. The awards acknowledged the inspiring stories of impact and development aligned with Sustainable Development Goals. There were 74 entries for 13 different categories and 3 research based nominations across thematic areas like environment, education, responsible business, pharma, individual change makers and others.* “ I am thankful to our presenting partner Grant Thornton Bharat LLP, The UN Global Compact Network, Nayara Energy partners, jury members, participants and the entire SABERA family for their relentless support and enabling us to showcase the inspiring stories of ‘good’ from across the country. GTSABERA2020 is