The Indian Association of Amusement Parks and Industries  (IAAPI)  is geared up to unveil the 20th IAAPI AMUSEMENT EXPO 2020 from 26 - 28 February 2020 at Hall 2, Bombay Exhibition Centre, NESCO Compound, Goregaon East, Mumbai, INDIA.   IAAPI)  is an apex body representing the interests of Amusement Parks, Theme Parks, Water Parks and Family Entertainment Center in India.   The three day exhibition, supported by Ministry of Tourism – under the banner Incredible India, will be inaugurated by the International Association of Amusement Parks and Attractions (IAAPA) Chairman, Ms  Amanda Thompson also the  Managing Director, Blackpool Pleasure Beach and Mr. Sohansinh Jadeja – President - IAAPI, along with the office bearers.   IAAPI’s 20 th  “Amusement Expo” is the biggest B2B exhibition on sourcing for amusement, leisure and recreation industry, bringing a comprehensive range of  products and services  offered by the industry under one roof. It provides an opportunity to in

Soon after the finance minister Nirmala Sitharaman announced the disinvestment of Life Insurance Corporation (LIC) during her budget presentation last week, there has been an attempt to create confusion and fear among its key stakeholders -employees and customers . As per Economic Times story today, LIC has kick started the Public Relations (PR) exercise to clean the air, which is ripening with fast spreading rumor, and to take their  stakeholders  into confidence. This is a wise step. The critics of Modi government have been calling the share sale in LIC as ‘privatization’ which means either they are misleading or have no idea what IPO (Initial Public Offer) is all about.  Privatization is full or majority transfer of a business, industry, or service from public to private ownership and control. IPO means  Initial Public Offering. It is a process by which a privately held or public sector entity/company becomes a publicly traded company by offering its shares to the pub

In order to make India a thriving five trillion dollar economy in the next 5-6 years, WE not only need to get rid of the slowdown, but also have to achieve a growth rate of about eight percent every year. This is what most economists and other experts are saying and seeking from the government. Everyone would agree with this need of the hour.  I used the word "WE" deliberately here because this high growth rate in a consumption driven economy would only be possible with the collective contributions of all 130 crore Indians. To ride on 8 percent plus GDP growth rate year-on-year; employment opportunities needs to rise: number of tax payers need to increase and economic output and productivity needs to go up. The country must focus on bigger goals and utilize its time judiciously.   In a recent Times of India newspaper astonishing news was published in which it was reported that in 2019 India spent  a mind boggling 5.5 billion hours of their time on  Tick-Talk  social

The three ex-finance misters –Dr Manmohan Singh, Yashwant Sinha and P. Chidambaram have not yet given their critical analysis, makes me believe the 2020 budget  is the best ever, since 1947. In democracy, the people leave the responsibility to the government to take the country forward, so it becomes  our RIGHT to analyze  their words, promises and efforts thoroughly for good or bad reasons. However, there are some dimensions, ways to analyze and to arrive at a judgment/conclusion without the right understanding, knowledge, facts, figures and purpose, can be misleading. Even many of the media experts and knowledgeable journalists have  mocked the 2020 union budget speech  of Finance Minister Nirmala Sitharaman. Soon after the longest ever speech delivered by the FM in India, got ended or rather cut short due to illness, the opposition and the media brought it at the center of nation’s focus. They termed budget hopeless and FM not making any big path breaking bold announce

In democracy, the people leave the responsibility to the government to take the country forward, so it becomes  our RIGHT to analyze  their efforts thoroughly for good or bad reasons. However, there are some dimensions, ways to analyze and to arrive at a judgment/conclusion without the right understanding, knowledge, facts, figures and purpose, can be misleading. Even many of the media experts and knowledgeable journalists are also  mocking the record breaking speech  of Finance Minister Nirmala Sitharaman by bringing it at the center of nation’s focus. They are also raising concerns about LIC disinvestment and terming government not making any big path breaking bold announcements, as a big failure.  If that’s the case then what can be expected from the illiterate and less educated masses in the country?  They will consider it true or untrue based on what they hear and read. Therefore, it’s important not to deviate and distract the attention of the country from serious issues

Share India Securities Limited, a leading knowledge and technology-driven financial services group, has described many important steps introduced in the Union Budget 2020 as turning the deteriorating economy into a positive direction. The company in statement said that the new tax regime in this budget will help boost denizens Income and purchasing power. Mr Ajay Patel, CEO, Share India Insurance Brokers said “We believe the union budget 2020 overall has tried to touch upon all facets impacting our economy, be it education, agriculture, MSME; IT among others, The   impact of new measures taken by the finance minister Nirmala Sitharman would be visible in the long term” Here is the company’s take on few significant steps announced by FM. 1) The new tax regime would bring about a fresh perspective to personal income tax, while it may give more money in the hands of the individual, it would have to be seen whether this results into higher investment in Insurance and other l

Gujarat  based innovative cooling solutions and equipment manufacturing company Ice Make Refrigeration Limited believes the steps taken by finance minister Nirmala Sitharaman in budget 2020 to revive economic growth, would  increase demand for cold storage infra and warehousing in the country.    Chandrakant Patel Mr Chandrakant Patel, CMD, Ice Make Refrigeration Limited said “We believe budget 2020 is well balanced. The new and increased budget plan outlays will boost the growth prospects of cold storage infra and logistics sector.  Steps like "Kisan Rail" that will provide refrigerated coaches in trains (thereby helping farmers access faraway markets quickly, cheaply and efficiently), e xpansion of NABARD refinance scheme which will map and geo-tab 162 mn tonne capacity agri warehouses across country, setting up of village agri storage facilities by self help groups,   allocation of Rs 2.83 lakh crore for agri and allied activities  , Rs 1.7 lakh cr for trans

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