An LLP is a Limited Liability Partnership. It is a type of business entity that allows two or more partners to work together while limiting their personal liability for the debts and obligations of the partnership. An LLP has some features of both a partnership and a corporation.

For example, an LLP has a separate legal existence from its partners, but the partners can still manage the business directly. An LLP is different from a traditional partnership, where each partner is jointly liable for the actions of other partners. An LLP is also different from a limited liability company (LLC), which has more flexible management and tax options. An LLP is suitable for professional businesses like law firms, accounting firms, medical practices, and wealth managers.

An LLP or a Limited Liability Partnership is a new form of business entity that was introduced in India in 2008. It is a partnership firm that has some characteristics of a company, such as limited liability of the partners and perpetual succession. An LLP is ideal for small and medium enterprises that want to enjoy the flexibility of a partnership and the security of a company.

If you are an entrepreneur looking for a flexible and easy way to start your business in India, you might want to consider forming a Limited Liability Partnership (LLP). An LLP is a hybrid form of organization that combines the features of a partnership firm and a company. In this blog, we will explain what an LLP is, how it works, and what are its advantages and disadvantages.

Key Points

• Limited liability partnerships (LLPs) offer a partnership structure with limited liabilities for each partner, restricted to the amount invested in the business.
• Business partners in an LLP spread the risk, utilize their individual skills and expertise, and establish a division of labor.
• Limited liability ensures that in case of partnership failure, creditors cannot pursue a partner’s personal assets or income.
• LLPs are prevalent in professional businesses such as law firms, accounting firms, medical practices, and wealth management companies.

Advantages of LLP

Choosing a Limited Liability Partnership (LLP) comes with a range of compelling benefits that offer business owners a unique blend of liability protection and partnership advantages. Some of the advantages of LLP are:

• Low-cost formation: The cost of registering an LLP is low compared to the cost of incorporating a private or public limited company.
• No limit on the number of members: An LLP can have a minimum of two partners and there is no upper limit on the maximum number of partners. This gives flexibility to the business to expand or contract its partnership as per its needs.
• Less compliance: An LLP has fewer regulatory and legal requirements than a company. For example, an LLP does not need to file annual returns or financial statements if its turnover is less than Rs. 40 lakhs and its capital contribution is less than Rs. 25 lakhs. An LLP also does not need to hold annual general meetings or board meetings.
• Perpetual succession: An LLP has a continuous existence irrespective of the changes in its partners. The death, retirement, insolvency or exit of any partner does not affect the continuity of the LLP.
• Easy transferability: The ownership of an LLP can be easily transferred by introducing new partners or transferring the rights and interests of existing partners to others. There is no need to transfer the assets or liabilities of the LLP separately.
• Tax advantages: An LLP enjoys some tax benefits over a company. For instance, an LLP does not have to pay dividend distribution tax or minimum alternate tax. The income of an LLP is taxed only at the partner level and not at the entity level. The partners can also claim deductions for interest, salary, bonus, commission or remuneration paid to them by the LLP.

The taxation system in the context of LLP

Understanding the taxation system in the context of Limited Liability Partnerships (LLPs) is essential for any business owner, as it influences the financial structure and compliance requirements for the partnership.

Taxation in LLP is the process of calculating and paying taxes on the income of an LLP and its partners. Some of the key points about taxation in LLP are:

• LLP taxation is done at rates applicable to firms: The income of an LLP is taxed at the flat rate of 30% (plus surcharge and cess, as applicable) on the total income. The surcharge is 12% if the income exceeds Rs. 1 crore. The cess is 4% on the amount of income tax and surcharge.
• LLP is liable to pay Alternative Minimum Tax (AMT): If an LLP has claimed certain deductions under Chapter VI-A (such as section 80IA, 80IB, 80IC, etc.) or section 10AA, it has to pay AMT at the rate of 18.5% (plus surcharge and cess, as applicable) on its adjusted total income. The adjusted total income is the total income before giving effect to these deductions. The AMT credit can be carried forward for up to 15 years and can be set off against the regular tax liability in future years.
• The income of an LLP is taxed only at the partner level: The partners of an LLP are not taxed on the income that is earned by the LLP. Instead, the income is taxed in the hands of the partners only when it is distributed as profits or remuneration. The profits are taxed as business income and the remuneration is taxed as salary income in the hands of the partners. The partners can also claim deductions for interest, salary, bonus, commission or remuneration paid to them by the LLP under section 40(b).

FAQs of LLP:

Q: Can an LLP claim deductions under section 80C?

Ans: No, an LLP cannot claim deductions under section 80C. Section 80C allows deductions for certain investments or expenses made by an individual or a Hindu Undivided Family (HUF). An LLP is neither an individual nor a HUF, but a separate legal entity. Therefore, it is not eligible for deductions under section 80C.

Q: What are the deductions that an LLP can claim?

Ans: Some of the deductions that an LLP can claim are:

• Business Expenses: LLPs can claim deductions for expenses incurred in running their business, such as rent, salaries, utilities, and other operating expenses.
• Depreciation: LLPs can claim depreciation on their fixed assets, such as buildings, machinery, and equipment.
• Remuneration to Partners: Partners can receive remuneration for their work in the LLP, which is deductible from the LLP’s taxable income. The remuneration should be within the limits specified under section 40(b) of the Income Tax Act.
• Interest on Capital: Partners can earn interest on their capital investment in the LLP, which is deductible from the LLP’s taxable income. The interest should be within the limits specified under section 40(b) of the Income Tax Act
• Pre Incorporation Expenses: Expenses incurred before the LLP was incorporated, such as legal and professional fees, can be claimed as a deduction. The deduction is allowed in five equal instalments starting from the year of incorporation
• Salary to Family Members: LLPs can pay salaries to family members who work for the business, which is deductible from the LLP’s taxable income. The salary should be reasonable and commensurate with the work done by the family members
• Traveling Expenses: Expenses incurred for business travel, such as airfare, lodging, and meals, can be claimed as a deduction. The expenses should be supported by proper bills and vouchers
• Meeting Expenses: Expenses incurred for business meetings, such as venue rental and catering, can be claimed as a deduction. The expenses should be related to the business of the LLP and not personal in nature

Q: How can I check the status of my LLP registration?

Ans: You can check the status of your LLP registration on the Ministry of Corporate Affairs (MCA) website. Here are the steps to follow:

• Go to the MCA website (https://www.mca.gov.in/)
• Go to the ‘MCA Services’ tab. In the drop-down click on ‘View Company/LLP Master Data’.
• Enter the LLP Identification Number (LLPIN) or the LLP name. Enter the captcha code. Click on ‘Submit’. You can also search for LLPIN by clicking on the search icon beside the ‘Company/LLP Name’ field.
• You will see the details of the LLP, such as its date of incorporation, registered office address, status, and partners. The status will show whether the LLP is active, under the process of striking off, converted to company, dissolved, etc

In a world where success stories often revolve around the privileged and the powerful, one exceptional woman’s journey stands out as a testament to determination, hard work, and unwavering spirit. Meet Savitri Jindal, a true embodiment of the rags-to-riches tale. From humble beginnings as a commoner to becoming a billionaire, her extraordinary rise to prominence has garnered international recognition and earned her a place on Forbes’ prestigious list. In this blog, we delve into the incredible life and achievements of Savitri Jindal, an inspiration to millions worldwide.

Forbes Mention and Global Ranking

Savitri Jindal’s exceptional entrepreneurial acumen and remarkable success have not gone unnoticed. As a testament to her achievements, she has been featured on Forbes’ list of billionaires, which highlights the world’s wealthiest individuals. With her extensive business ventures and significant contributions to various industries, Savitri Jindal’s name consistently ranks among the most influential and economically powerful figures globally.

Journey to Success – Rising from Humble Beginnings

Savitri Jindal was born on March 20, 1950, in a modest family in Tinsukia, Assam, India. Growing up in a small town with limited resources and opportunities, her early life was shaped by humble beginnings. However, young Savitri was determined to create a better life for herself and her family. Despite the challenges, she was a bright and diligent student with a thirst for knowledge.

After completing her education, Savitri Jindal married the renowned industrialist, Om Prakash Jindal, and moved to Haryana. In 1970, she became an integral part of the Jindal family, which owned the Jindal Group – a conglomerate with diverse business interests, primarily in steel and power industries.

Joining the Family Firm – Jindal Group

Savitri Jindal’s association with the Jindal Group marked a turning point in her life. The untimely demise of her husband, Om Prakash Jindal, in 2005, left a significant void in the family and the business empire he had built. Stepping into his shoes, Savitri Jindal displayed remarkable leadership and business acumen. With unparalleled determination and a keen understanding of the industry, she took up the reins of the family business.

Under her astute leadership, the Jindal Group not only flourished but also expanded its horizons. She diversified the group’s interests into various sectors, including infrastructure, cement, and education. Her remarkable ability to navigate complex business landscapes and make strategic decisions propelled the group to new heights of success.

Emphasizing the importance of sustainable development, Savitri Jindal invested in green technologies, strengthening the group’s commitment to environmental responsibility. This dedication to sustainability earned her recognition as a leader who not only prioritizes profits but also takes responsibility for the planet and its people.

Balancing Family and Political Life

In addition to her role as a successful businesswoman, Savitri Jindal is also a devoted mother and grandmother. She has raised a large and close-knit family, instilling the values of hard work and philanthropy in the next generation. Despite her significant responsibilities in the corporate world, she has managed to strike a harmonious balance between family life and her professional endeavors.

Savitri Jindal’s journey in the political arena is equally noteworthy. She has been actively involved in politics and has served as a Member of the Legislative Assembly (MLA) in the Indian state of Haryana. Her dedication to public service and community welfare has earned her immense respect among her constituents and fellow politicians alike.

Awards and Recognition

Savitri Jindal’s exemplary contributions to business, society, and politics have earned her numerous accolades and recognition. From prestigious awards honoring her leadership in the corporate world to commendations for her philanthropic endeavors, she continues to receive appreciation for her outstanding achievements.

Savitri Jindal’s success story serves as an inspiration to millions, proving that with perseverance, determination, and a relentless pursuit of excellence, one can overcome any obstacle and achieve greatness. From humble beginnings as a commoner to earning her place among the world’s billionaires, Savitri Jindal’s journey is a testament to the power of ambition and hard work. Her remarkable accomplishments in business, politics, and philanthropy continue to shape a legacy that will inspire generations to come.

Pepsi, a globally renowned brand, is cherished by people across the globe, with its products delighting consumers over a staggering one billion times daily. As a leading American multinational corporation, PepsiCo Inc specializes in producing, marketing, and distributing a diverse range of snacks, food, and beverages.

Boasting an impressive global presence, PepsiCo operates in more than 200 countries, solidifying its position as one of the largest companies in the world. The company’s roots trace back to 1965, established through the merger of Pepsi-Cola and Frito-Lays companies. Presently, PepsiCo’s headquarters are located in Harrison, New York.

PepsiCo, the American multinational juggernaut, continues to captivate the global market with its ever-expanding portfolio of snacks, food, and beverages. As of the latest market data, PepsiCo’s subsidiaries have an undeniable impact, collectively generating impressive revenue and leaving an indelible mark on consumers worldwide. In this blog, we delve into the fascinating world of PepsiCo’s subsidiaries, uncovering their founder information and providing a glimpse of their intriguing histories.

Heading: Founder Information

PepsiCo‘s journey began with the visionary efforts of Donald M. Kendall and Herman W. Lay. Donald M. Kendall, a skilled marketer, and Herman W. Lay, a seasoned businessman, joined forces to create a company that would revolutionize the global beverage and snack industry. In 1965, the two visionary leaders oversaw the merger of Pepsi-Cola and Frito-Lays, which laid the foundation for what would become one of the most dominant multinational corporations on the planet.

Brief History of PepsiCo

PepsiCo’s history is a tale of mergers, acquisitions, and relentless innovation. The roots of this colossal enterprise trace back to the late 19th century when Caleb Bradham invented Pepsi-Cola in 1893. Initially known as “Brad’s Drink,” the carbonated soft drink gained popularity for its refreshing taste, prompting Bradham to rename it Pepsi-Cola in 1898.

Fast forward to 1965, when the pivotal merger between Pepsi-Cola and Frito-Lays was orchestrated, creating the formidable entity we now know as PepsiCo. The merger not only united two major players in the beverage and snack industries but also laid the groundwork for diversification and global expansion.

PepsiCo wasted no time capitalizing on its newfound strength and swiftly expanded its product offerings and geographic presence. In 1970, the company ventured into the fast-food business by acquiring Pizza Hut, a popular pizza chain that would contribute significantly to its revenue streams.

In the 1980s, PepsiCo continued its streak of strategic acquisitions, purchasing Taco Bell and Kentucky Fried Chicken (KFC), now known as KFC Yum! Brands. These acquisitions solidified PepsiCo’s position as a major player in the quick-service restaurant (QSR) industry.

As the 21st century dawned, PepsiCo reinforced its commitment to health-conscious consumers by acquiring Tropicana, a renowned juice company. Shortly after, Quaker Oats became part of the PepsiCo family, enriching their product portfolio with breakfast cereals, granola bars, and oatmeal.

Today, PepsiCo’s subsidiaries include a vast array of well-known brands, such as Gatorade, Doritos, Lay’s, Cheetos, and many others. The company’s commitment to innovation, sustainability, and meeting consumers’ evolving preferences continues to drive its success and ensure its place as a market leader in the ever-competitive food and beverage industry.

1. Gatorade – Fueling the Athletes: Gatorade, the quintessential sports drink, was acquired by PepsiCo in 2001 when the company purchased Quaker Oats. Originally developed in 1965 by a group of researchers at the University of Florida, Gatorade has since become a staple on the sidelines of sports events worldwide. With a range of flavors and formulations catering to various athletic needs, Gatorade continues to be a go-to choice for athletes seeking hydration and replenishment during intense physical activities. Its pioneering work in sports nutrition and continuous efforts to innovate have contributed significantly to its market dominance, making it the preferred sports drink for athletes across the globe.
2. Frito-Lay – A Snacking Sensation: Frito-Lay, the snack division of PepsiCo, has a long and illustrious history dating back to 1932 when it was founded by Charles Elmer Doolin. The company’s flagship product, the humble potato chip, paved the way for a vast assortment of snack offerings, including Doritos, Lay’s, Cheetos, Tostitos, and more. Frito-Lay’s commitment to quality and taste has garnered it a massive consumer base, making it one of the leading snack manufacturers globally. With an impressive array of flavors and innovative products hitting the shelves regularly, Frito-Lay continues to dominate the snacking industry and cater to the evolving preferences of snack enthusiasts.
3. Pepsi-Cola – The Iconic Beverage: The iconic Pepsi-Cola, which laid the foundation for PepsiCo, has been captivating taste buds since its inception in 1893. With its unique blend of cola, sweetness, and fizz, Pepsi-Cola has become one of the most recognized beverage brands worldwide, rivalling its competitor, Coca-Cola. Over the years, Pepsi-Cola has diversified its offerings with variations like Diet Pepsi, Pepsi Max, and Pepsi Zero Sugar to cater to health-conscious consumers. The brand’s strategic marketing campaigns, celebrity endorsements, and sponsorship of major sporting events have contributed to its immense popularity and sustained market presence.
4. Tropicana – Nature’s Goodness in a Glass: Tropicana, renowned for its fresh and natural fruit juices, became a part of PepsiCo in 1998. Founded in 1947 in Florida, the company prides itself on providing consumers with wholesome, vitamin-rich juices sourced from the finest fruits. Tropicana’s commitment to quality and health-consciousness has earned it a strong customer base and a prominent place on breakfast tables worldwide. With a wide range of products, including Tropicana Pure Premium, Trop50, and various fruit blends, the brand continues to offer a refreshing and nutritious choice for juice enthusiasts.
5. Quaker Oats – Nourishing the World: Founded in 1901, Quaker Oats joined the PepsiCo family in 2001 after decades of providing nourishing breakfast options. Known for its oatmeal, granola bars, and cereal products, Quaker Oats has been a trusted brand in households worldwide, offering wholesome and convenient choices for busy mornings. As consumers increasingly seek healthier and convenient breakfast options, Quaker Oats remains at the forefront of meeting their needs and maintaining a strong market presence.

Subsidiaries of PepsiCo collectively embody the company’s commitment to innovation, diversity, and consumer satisfaction. From refreshing beverages to indulgent snacks and nutritious options, PepsiCo’s vast portfolio caters to a wide range of consumer preferences globally. With the foresight of its founders and strategic acquisitions over the years, PepsiCo has grown into an industry giant, leaving an indelible mark on the global food and beverage landscape.

Bank Nifty represents the 12 most liquid and large capitalized stocks from the banking sector that trade on the National Stock Exchange (NSE). It provides investors and market intermediaries with a benchmark that captures the capital market performance of the Indian banking sector.

NIFTY Bank Index is computed using the free float market capitalization method. NIFTY Bank Index can be used for a variety of purposes such as benchmarking fund portfolios, and launching of index funds, ETFs and structured products.

What are the eligibility criteria for the selection of constituent stocks:

1. Companies should form part of NIFTY 500 at the time of review. In case, the number of eligible stocks representing a particular sector within NIFTY 500 falls below 10, then the deficit number of stocks shall be selected from the universe of stocks ranked within the top 800 based on both average daily turnover and average daily full market capitalization based on previous six months period data used
   for index rebalancing of NIFTY 500.
2. Companies should form a part of the Banking sector.
3. The company’s trading frequency should be at least 90% in the last six months.
4. The company should have a listing history of 6 months. A company that comes out with an IPO will be eligible for inclusion in the index if it fulfils the normal eligibility criteria for the index for a 3-month period instead of a 6-month period.
5. Companies that are allowed to trade in the F&O segment are only eligible to be constituents of the index.
6. Final selection of 12 companies shall be done based on the free-float market capitalization of the companies.
7. Weightage of each stock in the index is calculated based on its free-float market capitalization such that no single stock shall be more than 33% and the weightage of the top 3 stocks cumulatively shall not be more than 62% at the time of rebalancing.

Bank Nifty value from year 2001:

Here is the list of Top constituents by weightage:

Source: https://www1.nseindia.com/

To know more about the banks listed above, explore the buying financial options here.

FAQs for Bank NIFTY index

Q1. What is Bank Nifty?

Ans. Nifty Bank, or Bank Nifty, is an index comprised of the most liquid and large capitalised Indian banking stocks.

Q2. What is Nifty full form?

Ans. The full form of NIFTY is the National stock exchange FIFTY.

Q3. What is nifty formula?

Ans. The market value is divided by the base market capital multiplied by the base value of 1,000 to determine the index value of Nifty daily. The formula for calculating

Formula of Nifty Index:

Market Capitalisation = Equity Capital X Share Price

Q4. How can I buy Nifty?

Ans. There are two ways to invest in NIFTY 50.

1. Buy stocks directly in the same percentage as their weightage in NIFTY 50.
2. Invest in Index Mutual Funds that track NIFTY 50.

Paper Industry in India is the fastest growing market for paper globally, the paper industry in India provides direct or indirect employment to 500,000 to 1.5 million persons.
The demand for paper, paperboard, and newsprint has been on a steady rise and the domestic market has registered a growth of around 6% against the world average growth of 2.8%.

India paper is exported to neighboring countries like Sri Lanka, Bangladesh, Nepal, and the Middle East countries and imports even less than 5% of its total demand of paper. We have curated a list of top 5 paper manufacturing companies in India

Ballarpur Industries Limited

Ballarpur Industries Limited (BILT) is a subsidiary of the Avantha Group. The company was incorporated on 26 April, 1945 and is located in Ballarpur, Maharashtra. Ballarpur Industries Limited has three directors – Rajeev Ranjan Vederah, Yashashree Padmakar Gurjar, and others.

The product portfolio of the company are Notebooks, Office Stationery, Student Stationery, paper, pulp, tissue products, soaps, detergents. BILT controls a larger portion of the high-end coated paper market in India compared to other paper companies. In addition, BILT is India’s largest exporter of coated paper.

CIN number: L21010MH1945PLC010337

JK Paper Limited

JK Paper is one of the leading paper companies in India. It was founded on 04 July, 1960 and has its headquarter in Tapi, Gujarat.. Jk Paper Limited has 12 directors – Rajya Vardhan Kanoria, Amar Singh Mehta, and others.

It is the market leader in office paper, coated paper, and packaging boards. It has a total capacity of around 6 lakh tonnes per year.They have three plants: two big integrated Pulp and Paper; one in Rayagada (Odisha) and second in Songadh (Gujarat), and a third plant in Sirpur (Telengana).

CIN number: L21010GJ1960PLC018099

West Coast Paper Mills Limited (WCPM)

West Coast Paper Mills Limited (WCPM) is one of the well-known and oldest manufacturers of paper companies in India. The Mill, incorporated in 1955 on 25th March, it is located in Dandeli, Karnataka. West Coast Paper Mills Limited has ten directors – Shree Kumar Bangur, Shashi Bangur, and others.

The main products of the company are printing, writing, and packaging paper. The Company’s high-quality paper meets the needs of many industries in India, including printing, writing, publishing, stationery, notebooks, and packaging, and contributing to the country’s development.

CIN number: L02101KA1955PLC001936

Century Pulp and Paper (CPP)

Century Pulp and Paper is a part of Century Textiles and Industries Limited, which is incorporated on 20 October, 1897 and based in Mumbai, Maharashtra. Century Textiles And Industries Limited has seven directors – Kumar Mangalam Birla, Rajashree Birla, and others.

It is India’s largest single-location maker of paper, board, tissue, and pulp. Century pulp & paper has a capacity of 1450 MT per day.  It has been in business since 1984 and Century Pulp and Paper is one of the most environmentally conscious companies in the country. The Aditya Birla Group is a proud partner of Century Pulp and Paper.

CIN number: L17120MH1897PLC000163

Tamilnadu Newsprint and Papers Limited

Tamilnadu Newsprint & Papers Limited is a listed public company incorporated on 16 April, 1979, located in Chennai, Tamilnadu. 

It was started by the Government of Tamil Nadu to produce newsprint and writing paper from bagasse, a sugarcane byproduct. Under the Companies Act of 1956, the Tamil Nadu government designated the paper mill as one of the world’s most environmentally friendly paper mills. Tamilnadu Newsprint & Papers Limited has nine directors – Sundaradevan Nanjiah, Muruganandam Narayanaswamy, and others.

It is manufacturer & distributor os Copy Crown, Tnpl Copier, Elegant Maplitho Paper, Hi-Tech Maplitho, Pigment Paper, Radiant Printing (Platinum), Offset Printing.

CIN number: L22121TN1979PLC007799

Emami Paper Mills Limited

Emami Paper Mills Limited, part of the Emami Group of Industries and operates paper mills in Balasore Odisha and Dakshineswar, W.B., Kolkata. It was incorporated on 26 September, 1981. Emami Paper Mills Limited has 11 directors – Aditya Vardhan Agarwal, Sumit Banerjee, and others.

It is another environmentally friendly mills in eastern India with a capacity of 1.50 lakh tpa. The company is India’s largest newsprint factory, producing high-quality newsprint that rivals foreign newsprint.

CIN number: L21019WB1981PLC034161

Trident Group is one of India’s global amalgamation textile fabric manufacturers. The company was founded in the early years of the great Indian economic liberalization; by Padma Shri Mr. Rajinder Gupta.

Trident Group Limited is an unlisted public company incorporated on 12 November 2003. company and is located in Chandigarh, Chandigarh.

The group began with a solitary unit making high-quality yarn; later, they became the largest manufacturer of terry towels and one of the largest integrated home textile manufacturers in the world. Strong business ethics, excellence in business, productivity, sound corporate governance and effective management have been the foundation of the continuous success of the group.

The Trident is part of our everyday life, they supply to homes of millions of customers across 100 countries including India. They have an overall manufacturing capacity of1 Million pcs/day. They have 3 manufacturing plants in India; at Budhni, Dhaula and Sanghera. Their manufacturing units are well-equipped with latest technology.

The authorized share capital is INR 155.00 cr and the total paid-up capital is INR 83.95 cr. Trident Group Limited has five directors – Rajinder Gupta, Suraj Parkash Setia, and others. The Corporate Identification Number (CIN) of Trident Group Limited is U00000CH2003PLC026524. The registered office of Trident Group Limited is at SCO 20-21, Sector 9-D, Madhya Marg, Chandigarh, Chandigarh.

Here is the quick snapshot of the company; to know more details you can  purchase the full financial report or view Sample Report

The company products are mainly divided into below 7 categories:

Bed

Product portfolio of Bed Linen

• Solid/ Printed Sheets
• Top-up Sheets
• Duvets
• Comforters
• Fitted Sheets
• Pillow Cases
• Quilts
• Decorative Pillows
• Coverlets
• Dohars.

Bath :

Product ranges of bath are sold under below-mentioned names:

• Nectarsoft
• Finesse
• Classic
• Home essential
• Tri-safe
• Sanskriti
• Occassions
• His & Her
• Indulgence

Paper:

Trident is one of the nationally preferred suppliers of high-quality branded copier paper and high-quality paper for multi-colour high-speed printing & publishing. Below are the brands:

Yarn :

Trident has emerged as one of the eminent manufacturers and suppliers on high performance knitting and weaving yarn with capacity of 390 MT/DAY TOTAL PRODUCTION. The main products are Cotton like Supima, Giza used for hosiery & weaving and it is available in multiple blends.

Chemical:

 It caters to the diverse battery requirements and finds usage in the production
of zinc sulphate, alum, detergent and dye and fertilizers.

Energy:

They use the entirety of the black liquor effluent and other biomass generated as by-product along with coal to generate high-pressure steam to power manufacturing.

CURRENT PRODUCTION CAPACITY = 50 MW

FMCG:

The FMCG products are sold under brand name Trisafe.

Navratna Companies are a group of companies in the Central Public Sector Enterprises (CPSEs) that have enhanced financial autonomy.

Initially, the government awarded the status of Navratna to nine public sector companies’, over the years, the list of Navratna companies has expanded to 14.

The Government of India awards certain status to leading Central Public Sector Enterprises under three important categories, these categories are known as:

• Maharatna companies
• Navratna companies
• Miniratna companies

Navratna Companies have the freedom to invest 30% of their net worth in a whole year up to an amount of up to ₹1,000 crores without requiring explicit government approval. Navratna companies have some comparative advantages too when competing in the global market.

Eligibility criteria for Navratna companies:

• The company must achieve a score of at least 60 out of 100 in the parameters like; net worth, net profit, the total cost of production, total manpower cost, cost of services, capital employed, and PBDIT (Profit Before Depreciation, Interest, and Taxes).
• The company must have the Miniratna status.
• Company should have four independent board directors.

These Navratna companies are recognized by the government of India and have several benefits, here is the list of 14 Navratna Companies in India 2022:

Know crucial details of these companies like , financials, headquarters, no of employees, revenue, founded year and many more; start Tofler’s Company 360 Free Trial or explore the different subscription plans, Click Here

Only a few major competitors in the market are currently manufacturing lithium-ion batteries along with others. Find out more about the leading battery manufacturing businesses in India in this article.

Exide Industries Ltd

Exide Industries Ltd. produces the largest variety of storage batteries in India, ranging in capacity from 2.5 Ah to 20,400 Ah and serving the widest range of uses. Its seven strategically placed plants are spread out across the nation: three are in Maharashtra, two are in West Bengal, one is in Tamil Nadu, and one is in Haryana which makes it one of the most popular battery manufacturing companies in India.

The business first produced storage batteries before expanding to become one of the subcontinent’s top producers and exporters of batteries today. Since then, it has steadily expanded, modernised its manufacturing techniques, and undertaken audacious service-related initiatives. The company’s ongoing advancements have enabled it to produce the widest variety of industrial batteries in the globe as well as numerous technology configurations. The business creates and produces premium submarine batteries, and automobile, industrial, and automotive batteries.

Amara Raja Batteries

The main producer of standby valve-regulated lead acid (VRLA) batteries in the Indian Ocean Rim is Amara Raja Batteries Ltd (ARBL), which works with Johnson Controls Inc, USA. In the sacred city of Tirupati, A.P., the company boasts a top-notch production facility that is fully integrated. Amara Raja is a well-known producer of car batteries, selling them under the names Amaron and Tribal. These batteries are sold throughout India through a sizable sales and servicing network. With its cutting-edge engineering, research, and design, ARBL has quickly risen to the top thanks to its ability to provide customer-focused solutions that are tailored to the needs of the end customers. The incredibly durable Amaron maintenance-free batteries were invented in India by ARBL. The company serves the power, oil, and natural gas industries in addition to being a preferred supplier to key telecom service providers, telecom equipment makers, the UPS sector (OEM and replacement), the Indian Railways, and other industry segments. It is definitely one of the top players and battery manufacturing companies in India. 

Luminous Power Technologies Pvt Ltd

Luminous, a reputable business that provides high-quality power supplies for residential and commercial purposes, was founded in 1988. Power backup, industrial batteries, renewable and alternative energy solutions like solar, wind, and hybrid applications, diesel generator sets, infrastructure solutions for IT and telecom, and residential electrical goods are all included in the company’s group portfolio.

In addition to holding a commanding position in the domestic market and being one of the top battery manufacturing companies in India, Luminous is well-established abroad. It has continually received recognition and awards for its leadership in the market and the dependability of its products. With more than 3,000 employees, eight manufacturing facilities in India and one in China, 28 sales offices, and more than 32,000 channel partners, the company is making significant progress toward realising its vision of becoming a highly regarded corporation in the fields of packaged power, distributed power generation, energy optimization, and home electrical products.

HBL Power Systems Ltd

HBL Power Systems Ltd., an Indian firm with a focus on engineering goods and services, was founded in 1977 and today stands as one of the finest battery manufacturing companies in India. Finding technology gaps in the Indian market that the company might close through “indigenous efforts” was its initial business approach. As a result of the company’s initial selection and successful development of aircraft batteries, HBL is now able to offer the broadest selection of specialised batteries in the world. It has the potential to diversify due to its expertise in batteries. Following that, the corporation entered new industries and markets, including industrial electronics, defence electronics, and railway electronic signalling. Precision manufacturing, small AC and DC motors spun reinforced concrete, and green technology goods are recent diversifications that make use of the company’s engineering strengths.

Su-Kam Power Systems Ltd

With a rising presence across India and in more than 70 other countries, Su-Kam Power Systems Ltd. is India’s most esteemed provider of power solutions and one of the best battery manufacturing companies in India. Su-Kam produces intelligent power backup systems that are engineered to be energy efficient and hence lower the user’s carbon footprint. Su-Kam is a truly knowledge-driven firm with innovation at its core. It has maintained its position of leadership in the cutthroat market for power backup solutions for many years. To consistently create new products, it combines its proficiency in producing conventional power backup systems with its emphasis on R&D. It has seven cutting-edge production facilities spread across three locations: Gurgaon, Nepal, and Baddi in Himachal Pradesh. For operational health and safety, all of its manufacturing facilities have received OHAS-18001 certification.

Automatic conveyor lines and automatic testing systems are installed in its top-notch manufacturing infrastructure to increase the reliability of products. It produces a wide range of goods, including inverters, transformers, batteries, OLU, solar items, etc., with a focus on raising output, elevating quality, and cutting waste across the board.

Base Corporation Ltd

To actively participate in the growth of the power business while utilising cutting-edge technology, Base was established in 1987 & today it is one of the top battery manufacturing companies in India. In line with its mission, the business introduced cutting-edge technology by taking on the role of only distributor of batteries under the Panasonic brand in India. In 2002, the business introduced Base Terminal as a new brand. The business has unveiled several ideas that changed the game, including the “Dial-a-Battery” service in 2003. Numerous firsts in the Indian battery market were brought about by it, including the introduction of VRLA technology. HP’s Solan, California, production facility is designed to provide only the best products in its category to its customers.

To produce some of the most effective items in the market today, it is outfitted with the most recent technology from the USA, Taiwan, Korea, China, Germany, France, Turkey, and other European nations. Along with a network of 7000 dealers, it has a highly skilled group of specialists working at 27 branches across the nation. ]]> 4523 https://www.tofler.in/blog/indian-companies-miscellaneuous/5-leading-real-estate-companies-in-bangalore/ Wed, 03 Aug 2022 08:18:16 +0000 https://www.tofler.in/blog/?p=4462 Bengaluru; the silicon city of India, being a prominent IT hub Bengaluru is one of the best places to invest in real estate properties.

But there are some common problems faced by buyers like project delays, banks refuse to disburse loans after buyers have made the initial down payment. To avoid such problems it’s better to check the important details of real estate companies such as cash flow details, revenue, and litigation before proceeding. We have compiled the list of top real estate companies in Bangalore:

1. PRESTIGE CONSTRUCTION VENTURES PRIVATE LIMITED: Prestige Group is a property development company in South India. It was founded by Razack Sattar in 1986 and is based in Bangalore, Karnataka, India. Prestige has developed several residential colonies and commercial spaces in south India.

• Revenue: INR 4,000 cr
• Directors
• INCORPORATION DATE: 04 June, 1997
• CIN: L07010KA1997PLC022322

2. MANTRI DEVELOPERS PRIVATE LIMITED: Mantri Developers Pvt. Ltd. is a real estate company in Bangalore. Its constructions are used for residential, commercial, retail, hospitality, office, senior-living and educational purposes. The company is incorporated in 06 December, 1990, Sushil Mantri is Mantri’s founder, chairman and managing director.

• Revenue: Over INR 200 cr
• Directors
• INCORPORATION DATE: 06 December, 1990
• CIN: U70102KA1990PTC027924

3. ADARSH REALTY AND HOTELS PRIVATE LIMITED: Adarsh is one of the premier real state company expertise in residential, commercial, hospitality & SEZ. This Bangalore based company is incorporated on 26 August, 1996 with mission is to build homes that engage with the lifestyle aspirations of the home owners

• Revenue: Over INR 80 cr
• Directors
• INCORPORATION DATE: 26 August, 1996
• CIN: U70101KA1996PTC021038

4. EMBASSY DEVELOPERS PRIVATE LIMITED : Embassy Group is leading development firm in real estate commenced its operations in 1993 led by Jitu Virwani, Chairman and Managing Director of the group. They have developed several spaces in commercial, residential, retail, hospitality and industrial warehouse sectors across India.

• Revenue: Over INR 5,000/-
• Directors
• INCORPORATION DATE: 26 March, 1997
• CIN: U70101KA1997PTC022015

5. BRIGADE PROPERTIES PRIVATE LIMITED: The company has developed many landmark buildings facilities that exude elegance and sophistication and transformed the skyline of cities across South India, developments across the residential, commercial, retail, hospitality and education sectors.

• Revenue: INR 102 cr
• Directors
• INCORPORATION DATE: 16 May, 2007
• CIN: U70200KA2007PTC042824

You can help your business ventures by taking your time and planning out all the necessary steps you need to achieve success with help of the below tips:

Understand Your Target Market

Understanding this can give you a strong base to work with. Gather survey data on your market interests; this can help you create customized products that better solve consumers’ problems and fit their needs. Use analytics tools to see and re-work strategies to reach your goals.

Get Organized

Getting organized is the key mantra to achieving business success. A good way to be organized is to create a to-do list each day. This will help you priorities things & ensure that you are completing all the tasks that are essential to the survival of your business.

Keep Networking

Networking can be the backbone of your business. It is also useful for gaining tips, learning new techniques, and providing better support. If you can develop a strong follower base and good connections, these people can be key assets to spreading the word about your products or services.

Identify a Value Proposition

Setting up your value proposition is also important for engaging investors in your business. It helps investors to realize how your product is relevant & fits into the lives of customers. They will also understand how long your product/service will be used by your target audience. This will also enable you to foresee the upcoming hurdles & solve long-term problems.

Learn to Adapt

The world of business is constantly changing. As a business, you’ll need to develop a plan for how you can adapt to the constantly changing world. You will need a system in place to respond to change when the need arises rather than following a pre-defined longer-term plan. ]]> 4436