Targets INR 500cr premium in 5 years  Share India Securities Ltd (SISL) has set yet another milestone securing direct (Life & Non Life) license from Insurance Regulatory and Development Authority of India ( #IRDAI ) for its insurance arm Share India Insurance Brokers (SIIB), which would operate its insurance distribution business in the country. The Company aims for a premium collection of INR 500 crore in five years period. Share India Securities Ltd, a leading knowledge and technology driven financial services group, recently migrated from the SME platform to the main board of Bombay Stock Exchange. Post the completion of merger of Mumbai based Total Securities in December 2019; this comes as an important development in the direction to grow through the organic and inorganic route. Acquisition of Total Securities makes SISL among the top players nationally, enhances company’s geographical presence in all segments of Capital Market and brings experienced talent to th

Ice Make Refrigeration Limited (Ice Make), leading supplier of innovative cooling solutions and manufacturer of refrigeration equipments ,   will display range of industrial chillers for plastic and plastic process industries at the Mumbai PlastiVision 2020, India’s largest trade show for plastic products Mr Chandrakant Patel, CMD, Ice Make said “We serve many plastic industry customers by offering cooling solutions for plastic process in automotive, packing, medical and many allied sector where process of plastic is required. We supply high quality mold components process, molding and blowing process of plastic containers, bottles, molded and extruded components. Our process chillers and VFD chillers range from 2 TR to 200 TR provide significant performance and process stability” The unique trade show organized by the All India Plastics Manufacturers' Association (AIPMA) with an aim to bring the entire plastic industry under one roof. The five-day long exhibitio

Share India Securities Ltd, a leading knowledge and technology driven financial services group, which recently migrated from the SME platform to the main board of Bombay Stock Exchange, has completed the merger of Mumbai based Total Securities with the Company. Acquisition of Total Securities makes SISL among the top players nationally, enhances company’s geographical presence in all segments of Capital Market and brings experienced talent to the core team. “Mr. Kamlesh Shah and Mr. Vijay Vora from Total Securities, who are now on the board of Share India as Joint MD and Whole Time Director respectively, bring close to three decades of experience each in financial markets. Mr. Vijay Vora specializes in derivative trading and will look to expand product portfolio of the company. We are really elated to have them on board and believe their rich experience would help the company scale-up and grow faster” said Mr Praveen Gupta, MD, Share India Securities Limited. Mr. Kamlesh

Backed by 100% export growth and strong order book Ice Make Refrigeration Limited (Ice Make), leading supplier of innovative cooling solutions and manufacturer of refrigeration equipments , has posted total revenue of Rs. 57.55 Cr for H1FY20, which stood marginally up as compared to Rs 57.46 Cr recorded in the corresponding period of H1FY19. However, inspite of improved order book, on account of higher employee expenses towards new skilled manpower and top management recruitments its standalone and consolidated net profit for this period stood lower at Rs 0. 95. Cr and Rs 0.61 Cr respectively compared to Rs 2.63 Cr posted in H1FY19. During the period company’s EBIDTA margin stood at 5.8 % as compared to 9% for H1 FY20. Company’s Chairman and Managing Director Mr Chandrakant Patel, said, “ Despite challenging business environment ICE Make was able maintain growth in revenue. Moreover, we are more confident at this juncture on the back of our investments in building robust

Tasty Dairy Specialities Ltd, one of the leading producers of dairy and milk products on Thursday reported 20% jump in its net profit at INR Rs 3.54 Cr for the first half of fiscal year 2020. Despite challenging environment, the company’s total revenue increased from Rs 173.78 Crore to Rs 199.24 Crores, registering a growth of 14.59%. D uring the period in H1FY20 Company’s EBIDTA margin stood at 3.95% while EPS stood at Rs. 1.73 per share . Company’s Chairman and Whole Time Director Atul Mehra,   said, “We have posted a decent financial performance driven by spurt in demand in fast growing value added segments, strategic changes in our product mix and new customer acquisitions. Having over two and half decades of expertise and experience, we are able to maintain a healthy growth because of our constant efforts to de-risk the business. Dairy business is largely insulated from the weakness in the economic environment as consumers are unlikely to reduce consumption of milk

Saraswat Bank has become the first bank in the Co-operative sector to launch an account opening app, Saraswat Bank 100+ . This Smart Savings Account App with user-friendly interface instantly opens an account in just a few minutes and users have the added advantage to choose their account number. It is a multilingual (English/Hindi/Marathi) mobile app which provides a simple, seamless, paperless and secure way for the applicant to open a Savings Account. Saraswat Bank 100+ application allows the opening of a new Savings Account through Aadhaar OTP authentication. The account would be opened based on applicant’s name, address, gender and Date of Birth registered with UIDAI. Only userswho wish to opt-in for DBT (Direct Benefit Transfer) in this account can open the account through this service. Final KYC formalities can be completed by the user by either visiting selected branch or an official can visit the user’s residence and complete the procedure through Tab banking fac

Unveils plans to enter into fast growing segments as part of future growth strategy Ice Make Refrigeration Limited (Ice Make), leading supplier of innovative cooling solutions and manufacturer of refrigeration equipments, unveiled its plans to enter into new emerging and fast growing segments like online Food Chains, Airport Flight Kitchens, Cash & Carry Vans to leverage its capabilities and basket of innovative products. It is also foraying into overseas markets in a bid to grow faster. The Company has upgraded its manufacturing facility located in Chennai and Ahmedabad to cater to these new segments. Addressing ICE Make’s 10th Annual General Meeting (AGM) in Ahmedabad Mr Chandrakant Patel, Chairman, and Managing Director told the shareholders about the concrete steps it is taking to strengthen marketing and sales addressing to these new segments and overseas markets. Its core team has identified several countries having good potential for growth like Nepal, Sri Lanka

Jupiter Infomedia Limited, a Proficient Business Solutions Company and “Knowledge Hub for Empowering Indian SMEs”, has launched its business news portal JimSMEnews.com , entirely focussed on covering Indian SMEs listed in NSE and BSE. The portal has been meticulously conceptualised to effectively ease information challenges that investors and market researchers face on a daily basis.   With the rising number of listed SMEs and demand for genuine information, it becomes a virtual challenge to stay informed about all the developments taking place in Indian SME market. JimSMEnews.com stands as a single biggest information gateway for Indian SMEs and Investors seeking reliable and unbiased news on listed SMEs. The portal will be live tracking 500+ listed companies in BSE and NSE. JimSMEnews.com will cover complete insight of Indian SME market related to SME equity, company listings, mergers & acquisitions, financials, new launches, awards & recognition, achievements an

Ice Make Refrigeration Limited (Ice Make), one of the leading manufacturer & supplier of cooling solutions equipment, held a two days seminar for merchant dealers, traders & associates on the various applications of refrigeration and cooling systems in the city at the ICE Make premises. The extensive seminar apart from covering various topics of interests and subjects, discussions about the future outlook of refrigeration industry, best practices, successful & motivational stories, also included plant visit, educational and learning session on the new technology, products and installation procedures, awards & rewards program among others. The company as a mark of goodwill gesture and token of appreciation presented mementos and certificates to these super dealers and associates who participated in large numbers. Among the key speakers at the event Dr. A.J. Pandya and Mr. V.K. Ghoda spoke extensively on the applications of refrigeration in dairy industry while M

Jupiter Infomedia Ltd, a Web-Infomedia Company has published the first edition of “ All India Directory of Printing & Packaging Industry ” with an aim to offer an all inclusive sourcing tool to bulk buyers in India. The Directory features over 10,000 manufacturers in over 500 product categories and is available in Print and Digital versions. Mr Umesh Modi, Chairman and Managing Director, Jupiter Infomedia said “ This is a significant initiative by JimTrade.com after the remarkable success of launching “Directory of Industrial Products (Maharashtra)” which featured 10,000 manufacturers in over 3,500 product categories. This new Directory has the most exhaustive pan-India B2B sourcing database for Volume Buyers in Print & Digital edition. JimTrade.com, which is India’s largest Business Directory with a database of over 5,00,000 product profiles featured under 21,000 product categories, has launched these B2B Directories in both Digital Software format and Print version”