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All India Gems & Jewellery Trade Federation (GJF) seeks National Gems & Jewellery Council status at its 9th AGM

GJF commits education, capacity building, compliance, benchmarking and image building initiatives for India’s gems & jewellery businesses GJF initiates over 30 major events for the trade and stakeholders in 2013-14 Membership grew 20% in 2013-14 vis-à-vis 2012-13 Proposes practical and viable norms for hallmarking  Build confidence for the trade as well as for consumers Helps jewellers Grow, Achieve & Excel Mumbai, September 9, 2014: The All India Gems and Jewellery Trade Federation (GJF) urged the Government to grant it National Gems & Jewellery Council status at its 9 th Annual General Meeting (AGM) held on September 7, 2014. Union Ministry of Commerce had forwarded the file related to Council formation to Department of Industrial Policy & Promotion (DIPP) with recommendation for their considerations. The Board of Directors of GJF have approved relevant changes in the Articles of Association as per the new Companies Act so as t

Tree House Board approves MOU to monetize school land in Vadodara

Tree House Education & Accessories Limited (Tree House) , a leading educational service provider operating the largest number of branded self-operated pre-schools in India, has announced that in its meeting held today the Board of Directors of the Company has approved and executed the Memorandum of Understanding (MOU) for sale of its land and building located at Vadodara, Gujarat. The particular property being considered for sale under this MOU is located at Village Atladara, Vadodara, Gujarat and represents one of five K-12 school land and building premises fully or partly owned by Tree House. The Company plans to monetize its physical assets while continuing to provide educational services to these institutions. Tree House commenced the business of providing educational services to K-12 schools in 2008 and currently has a portfolio of 24 large format K-12 schools apart from over 500 pre-schools across the country. Commenting on the development, Mr. Rajesh Bhatia, Managing

Tree House features as India’s Most Trusted Pre-School Brand

: Tree House Education & Accessories Limited (Tree House) , a leading educational service provider operating the largest number of branded self-operated pre-schools in India, today announced that it has been listed among the country’s most trusted educational institutes. In the first ever study conducted by TRA (formerly Trust Research Advisory), Tree House received the highest rank for any pre-school in India. Commenting on this, Mr. Rajesh Bhatia, Managing Director of Tree House, said “Over the last ten years, the Tree House team has focused on creating a high quality knowledge platform for Indian children, with the belief that education is one of life’s most important investments. It is our sincere endeavour to inspire and nurture young talent to grow and accomplish great things. This accolade of being India’s most trusted pre-school brand recognizes our commitment and accomplishments in the field of education.”  The report was based on findings from 7 million data poi

Snowman Logistics Limited IPO opens on August 26, 2014

Price Band fixed between Rs. 44 & Rs. 47 per equity share Issue graded by Crisil as 4/5 Warehousing  firm  Snowman Logistics Limited proposes to open on August 26, 2014, a public issue of 42,000,000 equity shares of Face Value of Rs. 10 each . The Price Band has been fixed between Rs. 44 and Rs. 47 per Equity Share. The Issue will constitute 25.23% of the Post-Issue Paid-Up Equity Share Capital of the Company. Bids can be made for a minimum of 300 Equity Shares and in multiples of 300 Equity Shares thereafter. The Issue closes on August 28, 2014, for all bidders. The Company, in consultation with the BRLM, may consider participation by Anchor Investors. The Anchor Investor Bidding Date shall be one Working Day prior to the Bid / Issue Opening Date. The Issue is being made under Regulation 26(2) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended and through a Book Building Process wherein at least 75% of the Issue shall be allotte

Tree House Operational EBITDA rises 46.09% in Q1FY 2015

Performance Highlights for Q1FY 2015 ·          Tree House preschool network crosses 500 mark ·          Operational EBITDA at INR 33.28 cr, up y-o-y by 46.09% ·          Revenue from Operations at INR 53.91 cr, up y-o-y by 31.90% ·          Profit after tax at INR 16.06 cr, up y-o-y by 30.56% ·          EPS (Fully diluted) for the quarter is INR 4.26 ·          Opened 15 preschool centers in the quarter, taking total to 505 ·          New cities launched in the quarter are : Kozhikode, Ajmer, Bikaner and Gorakhpur Mumbai, 6 AUG, 2014 : Tree House Education and Accessories Limited (‘Tree House”), India's largest self-operated pre-school chain, has come up with a stellar performance by posting 46.09%  rise in operational EBITDA which stood at Rs 33.28 crore in Q1FY2015 compared to Rs 22.78 crore posted in the 1 st quarter of FY2014. The total income rose by 31.09% to Rs 53.91 crore during the first quarter ended June 30, 2014 compared to Rs 40.87 crore poste

GJF launches monthly B2B magazine – ‘G&J Times’

Empowering members with latest Information on Gold & Jewellery trade The All India Gems and Jewellery Trade Federation (GJF), the national trade federation for the promotion and growth of trade in Gems and Jewellery (G&J) Industry across India, hosted an exciting 6 th edition of its signature GJF NITE 2014 amid gusto and glitter at Renaissance Hotel, Powai, Mumbai. The fun filled, entertaining and musical fashion extravaganza event, presented by R. M. Jewellery and powered by CVM, was attended by over 1500 members, industry dignitaries and foreign delegates, who used the platform to engage and network with the fellow industry people. Amid the applauding celebration, GJF announced the  launch of its monthly B2B magazine – ‘G&J Times’ on the domestic gems & jewellery business covering the latest trend, development and challenges in the industry.  The magazine was unveiled by Ms Rupa Dutta, Economic Advisor, Ministry Of Commerce, Government of India, Bollyw

Treehouse Inaugurates its Global Champs preschool center at Dharavi at the hands of Shri Deepak Parekh, Chairman, HDFC Limited

‘Global Champs’ pre-Schools cater to children of urban lower income groups, primarily in the slums of Mumbai. Mumbai, Monday, June 16, 2014 : India’s leading self-operated pre-school operator Tree House Education & Accessories Limited (Tree House) has opened a world-class Global Champs Pre-School center spreading over 3,000 sq ft. (carpet area) at Dharavi in Mumbai , stated to be Asia’s largest slum.  The “Global Champs ” pre-school situated at Shafi Manzil, Near Jama Masjid, Chinniwadi, Dharavi Main Road, Mumbai was inaugurated by Shri Deepak Parekh (Chairman, HDFC Limited). Mr. Rajesh Bhatia, Promoter and Managing Director , Tree House Education and Accessories Limited, said “We are pleased to announce the opening of our Global Champs preschool center at Dharavi in Mumbai catering to children of the urban lower income groups, primarily in the slums. Early childhood education is key for children in the age group upto 6 years, to experience childhood differently

GJF launches “LABHAM” programme successfully amidst fanfare

Its national rollout to be powered by GIA The All India Gems and Jewellery Trade Federation (GJF), the country’s leading national trade association of gems & jewellery, today launched its first ever educational programme – “Labham” in Rajkot. A comprehensive ready reckoner – “Labham Reference Book” was also unveiled on this occasion in the presence of important industry leaders across the region. The event was powered by GIA (Gemological Institute of America), recognized as the world’s foremost authority in gemmology. The Labham programme has been developed considering the needs of jewellers, manufacturers, traders and other constituents of the G&J businesses. The programme is an interactive and intensive one-day educational workshop covering topics like compliance, risk management and best business practices in the gems & jewellery industry. Ms. Nirupa Bhatt, Managing Director - GIA in India and the Middle East said, “GIA has always supported industr

Poet-Playwright Gopi Warrier’s two plays “Ego of the Yogis” and “Polyester Lordship” to be showcased in Paris after London

Adi Sankaracharya's Sanskrit Shlokas in Europe for the 1st time ever sung by two leading classical singers from Kerala Ø  A must for all corporate executives, yoga students and spiritual seekers Ø  Two major plays on Corporate Responsibility and the Search for Spirituality reflecting contemporary times Ø  Hologram of the illusory universe used in the play designed by Hollywood’s famous special effects director Jon Bunker Mumbai, May 30, 2014: Theatre of Devas and New End Theatre will soon showcase the two major plays by leading poet and playwright Gopi Warrier (an Alumnus of London Business School, Ècole des Haute Études Commerciàles and New York University Graduate School of Business) in the rest of Europe including Paris & regional theatres after the magnificent debut at the Steiner Theatre in London in April 2014. Directed by Alex Crampton, the cast contains leading British actors and actresses including the beautiful Sarah Hall, classical actor Tim Heath, San

Tree House Education Net Profit rises 31.77% to Rs. 43.92 cr in FY 2014

Total Income for FY14  increased by 37.94% to Rs. 157.64 cr. Ø   Total Income for Q4FY14:  Rs. 35.75cr; Ø   Net Profit Q4FY 14 : Rs. 8.04 cr. Ø   Opened 111 preschools centers in the year, taking total to 490   Mumbai, May 27, 2014 : Tree House Education and Accessories Limited (‘Tree House”), India's largest self-operated pre-school chain, today, has posted a Total Income of Rs. 157.64 crore in the FY 2014 as compared to Rs. 114 crore (audited) for the FY 2013, representing 37.94% y-o-y growth. The Net Profit for FY 2014 was Rs. 43.92 crore as compared to Rs. 33.33 crore (audited) for the entire FY 2013, representing 31.77% y-o-y growth. The EBITDA for FY 2013 was Rs.89.23 crore compared to Rs 68.87 for FY2013, representing 44.36% y-o-y growth.    Mr. Rajesh Bhatia, Promoter and Managing Director, TreeHouse said, “ FY2014 was another important year for the company as we build one of India’s top consumer-centric services companies. We were able to grow the number