CLOVE DENTAL UNLEASHES "TEETH HAVE FEELINGS TOO" CAMPAIGN, UNVEILING, THE SECRET LIVES OF TEETH WITH A CHEEKY TWIST

New Delhi, 11^th January 2024 (NHM):  Clove Dental, India’s largest dental chain, has officially launched their ground-breaking campaign, ‘Teeth have feelings too,’ unravelling the whimsical world of teeth with an uproarious and cheeky spin.

Imagine a realm where teeth don flamboyant costumes, strutting about in an all-pink set that represents the vivacious world of gums. This innovative campaign introduces human characters embodying teeth, shedding light on the clandestine drama unfolding behind the scenes due to the smallest oral neglect.

In a dental landscape saturated with functional communication, Clove Dental’s ‘Teeth have feelings too’ campaign takes a daring leap to provoke conversations about the unforeseen repercussions of poor oral health. The campaign seamlessly blends a distinctive spin, whimsical humor, and striking design to captivate audiences and defy the conventional norms of dental care advertising.

Renuka Dudeja, Head of Brand, at Clove Dental, expressed their enthusiasm, stating, “Clove Dental is already a household name, and to elevate our communication, we had to break free from the norm. Shifting away from purely technical messaging, adopting a quirky spin was the perfect way to stir conversation – and it seems our instincts were spot on!”

Samir Datar, Chief Strategy Officer of Crayons Advertising, the brains behind the campaign, emphasized the need to stand out in a crowded market. “In a sea of fear-inducing messages, bland offers, and generic smiles, we aimed to rise above the noise while staying rooted in the realities of dental care. This campaign presented a unique opportunity for us to do something exceptional, and we’re proud of the results it has delivered.”

“Teeth are akin to people. They harbour strong emotions and passionately communicate when neglected. What better way to accentuate these sentiments than by personifying them?” added Manoj Jacob, Executive Creative Director at Crayons.

The ‘Teeth have feelings too’ campaign is currently making waves across print, out-of-home, and digital platforms, with plans for further expansions to captivate and engage audiences on an even grander scale. Brace yourselves as Clove Dental invites everyone to dive into the vibrant and animated world where teeth take centre stage, proving that indeed, teeth have feelings too! Ends 

Konstelec Engineers Ltd aims to raise around Rs 25 crore from IPO on NSE Emerge

MUMBAI, JANUARY 8, 2023 (NHM) :  Konstelec Engineers Limited (The company or ‘KEL’), India’s leading electrical EPC services company, today announced its plans to raise approximately Rs. 25 crore from the Initial Public Offering to be launched in January 2024. 

The company aims to be listed on NSE Emerge. The Initial Public Offering will comprise a fresh issue of up to 41 lakh equity shares with a face value of Rs. 10/- each at book build price. Beeline Capital Advisors Private Limited is the Book Running Lead Manager, and Skyline Financial Services Private Limited is the registrar of the issue. 

 The Mumbai-headquartered EPC contractor specialises in delivering full-scale project management, procurement support and comprehensive engineering services for various electrical infrastructure, instrumentation and automation projects across India and abroad. 

Its services are applicable in several manufacturing industries, such as oil & gas, refinery, steel, cement, pharmaceuticals, textiles, hospitals, and health care, both domestically and internationally. 

KEL has a strong order book of over 50 major projects worth around Rs. 565 crore in order value that are in various phases of implementation. The company’s ongoing projects include electrical, construction power work and instrumentation work for leading corporates such as JSW Vijayanagar Metallics Ltd, Rajasthan Refinery Project, HRRL Pachpadra, Mangalore Terminal Expansion Project, Karnataka State and Benue Cement Plant in Nigeria. 

The company intends to utilise a majority of funds raised proceeds towards the working capital expenses for procuring high-quality products for its long-term projects and to provide collateral security to various clients. 

It will use the remaining funds for general corporate purposes and to meet public-issue expenses. 

Speaking about the company’s IPO plans, Mr. Biharilal Ravilal Shah, Chairman cum Managing Director of Konstelec Engineers Limited, said, “Our combined experience of over six decades in this space combined with the expertise of our exceptionally professional team has driven our business beyond boundaries. Our robust order book and long-standing client relationships demonstrate our dedication to delivering high-quality, safe and innovative solutions. We intend to use the proceeds from the IPO to meet working capital requirements for our long-term projects and efficiently carry on our operations in India and abroad.” 

In FY2022-23, KEL recorded a revenue from operations of Rs. 153.40 crore, up from Rs. 107.05 crore in FY2021-22. The company's EBITDA stood at Rs. 14.15 crore in FY2022-23, up from Rs. 5.84 crore in FY2021-22. KEL recorded over two-fold growth in profit (PAT) at Rs. 7.78 crore in FY2022-23, compared to Rs. 3.52 crore in FY2021-22. 

The company counts leading corporate conglomerates, including Reliance Industries Limited, Engineers India Limited, JSW Steel, Indian Oil, BPCL, HPCL, CPCL, MRPL, ISRO, ACC, BARC, Dangote Industries Limited, Adani, NTPC, Tata Steel Limited, Navin Fluorine International Ltd and IGPL among its clientele.Ends

Dr. Devendra Fadnavis Hon. Dy. CM and Shri Uday Samant, Hon. Minister of Industries, GoM inaugurates the largest ever event by GJEPC - The IIJS Signature & IGJME at BEC Goregaon

MUMBAI, 5th JANUARY 2024 (NHM): Gems & jewellery industry belongs to Mumbai as Mumbai accounts for 72% of the annual USD 37 bn of exports, proclaimed Dr. Devendra Fadnavis, Hon. Dy. Chief Minister of Maharashtra, while inaugurating the largest-ever IIJS Signature & IGJME 2024 twin Exhibitions organised by the Gem & Jewellery Export Promotion Council (GJEPC) at the Bombay Exhibition Centre, NESCO Goregaon. 

For the first time ever, the New Year’s first top-of-the-line design centric jewellery trade show IIJS Signature (India International Jewellery Show Signature) along with the India Gem & Jewellery Machinery Expo (IGJME) is being held at two venues in Mumbai: Bombay Exhibition Centre, NESCO, Goregaon (5-8 January)and JIO World Convention Centre, BKC (4-7 January).

Dr. Devendra Fadnavis was accompanied by Shri Uday Samant, Hon. Minister of Industries, Govt. of Maharashtra at the inauguration ceremony in the presence of Ms. Reshma Lakhani, Director General, DGEP; Mr. Paul Rowley, Executive Vice President, De Beers; Shri Sunil Nayak, CEO, Reliance Jewels; Mr. Vipul Shah  Chairman, GJEPC; Shri Kirit Bhansali, Vice Chairman, GJEPC; Shri Nirav Bhansali (Convener, National Exhibitions, GJEPC); Shri Sabyasachi Ray (ED, GJEPC), along with the doyens of international & Indian diamond, gem & jewellery sector. 

While speaking at the IIJS Signature, Dr. Fadnavis said, “Prime Minister Shri Narendra Modi ji has set a target of USD 75 bn for gem & jewellery exports by 2030. This will be possible with the pivotal role played by the apex body GJEPC, which has instrumental in making India one of the biggest international players in the global gems & jewellery industry. Maharashtra Government has worked closely with GJEPC to complete the new Common Facility Centre (CFC) at SEEPZ in just 17 months and this will allow gem & jewellery exporters especially MSMEs to have hassle free shipment, paper work and facilitate ease of doing business. Maharashtra Government and GJEPC have collaborated for the new India Gems & Jewellery Park at Navi Mumbai and this initiative will also help achieve export target. Jewellery Park will create new ecosystem in gems & jewellery industry wherein Maharashtra will preserve its status as ace exporter and set new records in gem & jewellery exports. Indian jewellery has been part of the global trade since time memorial not is just economic but also an emotional investment. As India prospers and economy and industry expands, Maharashtra will continue to make new investments. Maharashtra Govt. is working tirelessly to help gem & jewellery entrepreneurs in key parameters such as ease of doing business and cost of doing business. As Maharashtra targets to become USD 1 trillion economy, we shall continue to collaborate with GJEPC to create unique institutions such as the Bharat Diamond Bourse, which symbolises unique ecosystem. And whenever GJEPC wishes to create any new ecosystem, the natural and first choice has to be Maharashtra.”   

Maharashtra’s Industries Minister Uday Samant urges GJEPC to develop indigenous gem & jewellery industry in rural India. 

While thanking Dr. Devendra Fadnavis for his support and vision, Mr. Vipul Shah, Chairman, GJEPC, said, "Now, with the Jewellery Park coming up in Navi Mumbai with the support of Maharashtra Government, our industry is getting ready to bring in more investments from abroad. The Jewellery Park brings with it several government-backed advantages. It's a one-stop-shop with the Single Window Clearance for government approvals under the Maitri Policy, making processes smoother and faster. Additionally, the State Government has offered relief in power tariff and electricity charges, among other benefits. These initiatives significantly ease the path for businesses, ensuring efficiency and reducing operational costs, ultimately fostering a thriving environment within the park."

Talking about the mega CFC in SEEPZ, Mumbai, Shri Shah said, "GJEPC, with the support of the Ministry of Commerce and Industry has set up a Mega CFC at SEEPZ in Mumbai, which will be launched soon. This groundbreaking initiative aims to enhance the manufacturing capacity of the industry, foster technological advancements, and provide comprehensive skill development opportunities."

Shah said, “The Indian gem & jewellery industry shares our beloved Prime Minister’s dream of becoming a US dollars 5 trillion economy by 2030 and be a first world nation by 2047. To take part in that Sankalp to be Viksit Bharat, our goal is to reach USD 75 billion exports by the year 2030 and USD 100 billion by 2047. Maharashtra is already a big player in the Indian gem and I am sure that Maharashtra will continue to be leading exporters from the country as we set higher goals."

Mr. Paul Rowley, Executive VP, De Beers, said, “As seen here at IIJS Signature, India truly inspires and Indian entrepreneurship and their drive and passion is infectious. As India progresses towards becoming the largest economies of the world, massive infrastructure investment is changing face of country rapidly and supporting economic development, nurturing businesses and enhancing people’s lives. 

“India's sustainable growth provides optimum environment for business and facilitates innovation to shine. India’s fast growing global stature is the heartbeat of the new global economy. New exciting opportunities are emerging with industrialisation, urbanisation and consumption. The world is eyeing India’s affluent middle class segment of 30 mn households as potential customers.  This will lead to increased spending on fashion jewellery. The gem & jewellery industry in India is also maturing. 

The diverse & distinct worlds of natural diamonds and Lab Grown Diamonds (LGDs) have started to diverge. Natural diamond is unique miracle rare and breath-taking beauty. They symbolise precious enduring love ties across generations, deepest human emotions and the most profound connections humans could have – real diamonds are the most desired cherished and richly symbolic objects in the world. LGDs do not have the qualities or symbolism of natural real diamond. G7 sanctions are major concern to everyone in global trade and industry has to speak as one voice in a collective and collaborative way. Diamond industry is cyclical and the industry should be optimistic for the next wave.”

The 16th edition of GJEPC's IIJS Signature will witness 30,000+ visitors (including international buyers) from 800 Indian cities and 60 countries. The show boasts of 1,500+ exhibitors occupying 3,000+ stalls across a sprawling 1.25 lakh sq. mt. of exhibition area.

Shri Kirit Bhansali, Vice Chairman, GJEPC, requested Dr. Devendra Fadnavis to consider GJEPC’s plea of land for building residences for workers near the India Jewellery Park and first of its kind Gem & Jewellery University in the country. 

“The IIJS Signature show alone is set to enable a staggering Rs. 35,000 crore worth of business. When considering the collective impact of all three IIJS shows, the total business generated will amount to an impressive Rs. 1.25 lakh crore. This establishes the IIJS as a truly unparalleled platform within the global gems and jewellery industry, added Nirav Bhansali, Convener, National Exhibitions, GJEPC.

GJEPC has successfully enlisted the IIJS Signature 2024 Exhibition under the “Procurement and Marketing Support” scheme of the Ministry of MSME. The scheme provides financial assistance to micro and small enterprises for participating in domestic and international trade fairs and exhibitions. As a result, the eligible exhibitors can now avail themselves of a grant of ₹1.50 lakh each, which will help them cover costs and enhance their visibility and competitiveness in the global market.

 

Additionally, GJEPC has introduced a dedicated section for luxury connoisseurs and couture jewellery buyers called “The Select CLUB” at IIJS Signature 2024 in the Jio World Convention Centre. This exclusive section allows Couture jewellery manufacturers to showcase their extensive collection of high-end, exclusive jewellery designs to a curated audience.

 

About The Gem and Jewellery Export Promotion Council (GJEPC)

The Gem & Jewellery Export Promotion Council (GJEPC), set up by the Ministry of Commerce, Government of India (GoI) in 1966, is one of several Export Promotion Councils (EPCs) launched by the Indian Government, to boost the country’s export thrust, when India’s post-Independence economy began making forays in the international markets. Since 1998, the GJEPC has been granted autonomous status. The GJEPC is the apex body of the gems & jewellery industry and today around 9,600 members in the sector.  With headquarters in Mumbai, GJEPC has Regional Offices in New Delhi, Kolkata, Chennai, Surat and Jaipur, all of which are major centres for the industry. It thus has a wide reach and is able to have a closer interaction with members to serve them in a direct and more meaningful manner. Over the past decades, GJEPC has emerged as one of the most active EPCs and has continuously strived to both expand its reach and depth in its promotional activities as well as widen and increase services to its members.

Facebook: www.facebook.com/GJEPC
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Youtube: www.youtube.com/gjepcindia
Twitter: www.twitter.com/GJEPCIndia 

 

The Fashion+Jewellery combination can make India a coveted and preferred wedding destination for the world: Union Minister Shri Piyush Goyal

MUMBAI, 4^th JANUARY, 2024 (NHM): The Largest Ever 16th edition of GJEPC's IIJS Signature (India International Jewellery Show | Signature) 2024 was inaugurated by Union minister Piyush Goyal today at JIO World Convention Centre in BKC. It is expected to have over 32,000 visitors (including international buyers) from 800 Indian cities and 60 countries and over 1,500 exhibitors occupying 3,000 stalls.

Union minister Piyush Goyal on Thursday said the government is keen to expand ECGC cover and asked gems and jewellery industry leaders to form a committee to help exporters in the sector.

"We have started giving ECGC (formerly Export Credit Guarantee Corporation of India) cover for the whole turnover...we are keen to expand, and I ask the captains of the industry to see how we can have an industry-ECGC-government partnership, which will ensure the baggage of the past can be erased.

"If the industry and the government can come together and work together, I am sure we can look at individual policies also for individual exports," Goyal said while addressing the inaugural session of the 4-day IIJS (India International Jewellery Show) Signature 2024 Gem and Jewellery Trade Show.

The commerce and industry minister suggested forming a committee consisting of ECGC, the government and GJEPC representatives to develop a certain mechanism that will help the industry to cross the hump and start giving exporters credit cover.

Meanwhile, he said, India has the potential to become the global epicentre of the gem and jewellery industry with a holistic ecosystem encompassing all diverse constituents and elements.

"Massive investments are being made to create a world-class infrastructure, including the 20-acre India Jewellery Park in Navi Mumbai and a common facility centre in SEEPZ Mumbai," he added.

The minister also urged the industry to promote 'Wed for India', which will help India become a destination wedding centre and boost the domestic textile, gem and jewellery, tourism and hospitality sectors.

"Destination weddings in India are going to be the next big opportunity for economic value addition, particularly for the tourism, hospitality, gem and jewellery and textile sectors. I will urge all of you to market the concept 'Wed in India', which will be great for our business and domestic gold jewellery, which has grown by 20 per cent in the current year," Goyal said.

Gem Jewellery Export Promotion Council (GJEPC) Chairman Vipul Shah said India is today a powerhouse of jewellery manufacturing and the domestic gem and jewellery market, and after the India-UAE CEPA bilateral trade agreement, the sector is looking forward to trade agreements with GCC, the UK, EU and Canada.

"And we will grow India's share in world exports of gems and jewellery from 4.6 per cent to more than 10 per cent by 2030," he added.Building world-class infrastructure in the gem and jewellery business will entail an investment of more than Rs 2 Lakh crore within the next five years."We are investing heavily in infrastructure through finance from trade members only, be it commissioning the largest diamond bourses in the world like Bharat Diamond Bourse at Mumbai and now Surat Diamond Bourse or recently announced Gem Bourse in Jaipur or the largest Jewellery Park in the world, the India Jewellery Park, Mumbai," Shah said.

The government is also investing to create a mega Common Facility Centre (CFC) at SEEPZ, NEST 1 and NEST 2. The government's active involvement in all of these facilities will help bring back the Indian gem and jewellery businessmen from foreign destinations of Belgium, UAE, Thailand, USA and other countries," Shah added.

GJEPC Convener - National Exhibitions, Nirav Bhansali said, " As the first show of the year, IIJS Signature plays a crucial role in gauging demand from both domestic and global buyers. It also offers vital insights into the trends in different markets as per the buying behaviours. These insights, particularly at the year's outset, prove invaluable for manufacturers. The dual-venue expansion is intended to provide exhibitors and visitors with additional space, creating a conducive and spacious atmosphere for productive business interactions.”

“The IIJS Signature show alone is set to enable a staggering Rs. 35,000 crore worth of business. When considering the collective impact of all three IIJS shows, the total business generated will amount to an impressive Rs. 1.25 lakh crore. This establishes the IIJS as a truly unparalleled platform within the global gems and jewellery industry, added Bhansali.

GJEPC has successfully enlisted the IIJS Signature 2024 Exhibition under the “Procurement and Marketing Support” scheme of the Ministry of MSME. The scheme provides financial assistance to micro and small enterprises for participating in domestic and international trade fairs and exhibitions. As a result, the eligible exhibitors can now avail themselves of a grant of ₹1.50 lakh each, which will help them cover costs and enhance their visibility and competitiveness in the global market.

Along with IIJS Signature, the India Gem and Jewellery Machinery Expo (IGJME 2024) is held simultaneously at BEC, featuring over 100 companies and 150+ stalls. This edition promises an enhanced experience, presenting a wider array of compelling business opportunities.

Additionally, GJEPC has introduced a dedicated section for luxury connoisseurs and couture jewellery buyers called “The Select CLUB” at IIJS Signature 2024 in the Jio World Convention Centre. This exclusive section allows Couture jewellery manufacturers to showcase their extensive collection of high-end, exclusive jewellery designs to a curated audience. 

‘The Select CLUB’ for Couture Jewellery manufacturers at IIJS Signature 2024, aims to bring forth a unique blend of traditional craftsmanship and contemporary designs that will resonate with the discerning taste of patrons at the luxurious JWCC venue. ‘The Select CLUB’ at IIJS Signature 2024 is poised to empower Couture jewellery manufacturers, providing a platform to showcase their diverse array of exclusive high-end jewellery designs to our discerning audience."

This IIJS Signature edition brings not just a showcase of the latest trends and innovations but also a forum for knowledge exchange. Innov8 Talks, seminars designed to inspire and educate, and the networking evenings foster connections that go beyond business transactions.Ends

Paytm issues over 1 million QR tickets for Chennai Metro; CMRL offers 20% discount on QR tickets booked via Paytm

MUMBAI, 4^th JANUARY, 2024 (NHM): One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading digital payments and financial services company and the pioneer of QR code, soundbox and mobile payments, today announced that it has issued over 1 million QR code-based ticketing for Chennai Metro to passengers since its launch using Paytm app in August 2023. This has enabled users with a convenient, and hassle-free way to purchase tickets for their metro rides. 

Additionally, Chennai Metro Rail Ltd (CMRL) is offering a 20% discount on all the QR code-based tickets booked via Paytm. Passengers can pay for their QR-code based tickets using various payment methods, including Paytm Payments Bank Wallet, Paytm UPI, Paytm UPI Lite, net-banking, or cards.

The QR-based ticketing at Chennai Metro stations leads to an efficient, and seamless movement for millions of metro commuters in Chennai.

How to book Chennai Metro QR ticket on Paytm app

• Open Paytm app, and navigate to 'All Services'
• Select 'Metro' and choose 'Chennai Metro'
• Tap on 'Metro QR Ticket', add the destination 'from' and 'to', and number of passengers
• Click on ‘Proceed to Pay’ to get a Chennai metro ticket 

Upon reaching the entry station, approach the AFC gate and scan the QR code on Paytm app. The gate will open, allowing the user to proceed to the platform. To complete the metro journey, the user needs to repeat the process at the AFC gate of the destination station.

Abhay Sharma, Chief Business Officer - Payments, Paytm said, "With over 1 million QR code-based tickets issued, Paytm has become an integral part of the Chennai Metro experience. As the pioneer of QR based payments, this milestone is a testament to the company's commitment to providing innovative and user-centric solutions for urban mobility. Paytm's QR code-based ticketing has not only simplified the ticketing process but has also reduced queues and improved overall passenger flow at Chennai Metro stations."

Grasim Industries announces ₹4,000 crore rights issue

MUMBAI, 4^th JANUARY, 2024 (NHM):  Grasim Industries, on Thursday, announced the price for its ₹4,000-crore rights issue at ₹ 1,812 per share, reflecting a 12.47% discount from the prevailing market price. It plans to issue up to 2.2 crore shares to promoters and the promoter group, the company said in its exchange filing.

The rights issue is structured with a ratio of six shares for every 179 shares held as of the record date, scheduled for January 10. The subscription period for the issue is from January 17 to January 29.

This fundraising initiative by the Aditya Birla Group is directed towards supporting its ongoing capital expenditure plan and settling existing debt obligations. The board had granted approval for this proposal in October of the preceding year

The company announced that the promoters and the promoter group are committed to fully subscribing to their rights entitlement. Additionally, they express their intention to subscribe to any unsubscribed portion.

In September, the cement manufacturer revealed the brand name for its upcoming foray into the paint business. The market debut of Birla Opus is slated for the fourth quarter of the ongoing fiscal year.

Grasim aims to provide a comprehensive range of premium products in the decorative paints segment. It had initially pledged an investment of ₹10,000 crore to establish the paints business, encompassing a total annual capacity of 1,332 million litres.Ends

Ghaziabad-based Divine Power Energy Limited aims to surpass Rs. 400 crore revenue by 2026; plans to float IPO soon

GHAZIABAD, JANUARY 3, 2024 (NHM):  Divine Power Energy Limited (The company or DPEL), a leading manufacturer of insulated wires and strips, aims to achieve Rs. 400 crore in revenue by March 2026. The Ghaziabad-based company intends to expand its production capacity by raising capital through an initial public offering (IPO). 

It has appointed Khambatta Securities as the Book Running Lead Manager for the issue. DPEL manufactures insulated and bare wires as well as strips with copper and aluminum for its customers in India. Its product line includes Paper Covered Conductors, Fiber-Glass Insulation, Double Cotton Covered and Super-Enameled Insulation, widely used in transformers, motors and other electrical devices. 

Elaborating on the company’s expansion plans, Mr. Rajesh Giri, Managing Director, Divine Power Energy Limited, said, “We aspire to be a market leader in the manufacturing of insulated copper and aluminum wires and strips, setting benchmarks for quality and sustainability. We are planning to raise funds from the capital markets to unlock our full potential by expanding our manufacturing capacity, broadening our product portfolio and exploring new geographies. Embarking on this ambitious journey, we are confident of doubling our revenue by 2025 to Rs. 300 crore and surpassing the Rs. 400 crore mark by March 2026.” 

The company has been manufacturing and supplying superior quality products, consistently meeting customer demand and rigorous industry standards at competitive prices for the last two decades. 

DPEL operates a manufacturing unit spread across 40,000 Sq Ft in Ghaziabad. DPEL supplies its products to both public and private companies, including Tata Power, BSES, Uttarakhand Power Corporation Limited, Jharkhand Bijli Vitran Nigam Limited, Pashchimanchal Vidyut Vitran Nigam Limited, South Bihar Power Distribution Company Limited, Purvanchal Vidyut Vitran Nigam Limited, Dakshinanchal Vidyut Vitran Nigam Limited and many others. 

The company gets its raw materials from market leaders like NALCO, Aditya Birla’s Hindalco and Balco. For more information, please visit: https://www.dpel.in/