Nilkamal Ltd, a major player in the plastic and steel crafted material handling systems, plans to up its turnover from @home business to Rs 600 crore in the next three years.
The company, which diversified into furniture, lighting and home furnishing business two years ago under the brand name @home is keen to ride the realty wave to open 40 @home malls across the country by 2010-11, to touch sales of over Rs 600 crore, Manish Parekh, director, told reporters here. Nilkamal opened its second @home mall (10th all-India) in Pune.
Parekh said there was an increasing preference for acquiring readymade furniture as the high-income working couples don't find the time to get it made in the traditional way, hiring a carpenter. Another important factor, he said was the preference to change the furniture every few years, as against considering home furniture as a life long item.
The company has planned 40 more @home malls by 2010-11 with an investment of Rs 75 crore, Parekh said, adding that the next malls to open would be in Mumbai, Surat, Thane and Coimbatore. "We will also open @home malls in the North and have finalised locations in Ghaziabad, Faridabad and Delhi which will be made operational in the next four months," he informed. The company is in talks for a property in Gurgaon too.
Parekh sad the company would follow a strategy to select locations of 20,000 sft and more for the @home malls. “We will operate the stores ourselves and won’t take the franchisee route,” he stressed.
Parekh informed that the @home division of Nilkamal Limited contributed Rs 29 crore to the company’s business in 2006-07 and it is estimated to notch up sales of Rs 70 crore this year. Thereafter, the revenues will increase at a higher pace as the company will have reached major markets then, he said.
The company imports all its merchandise through a purchase office in China. The merchandise comes from Southeast Asia and Europe.
Parekh said the company would soon open its own design office and get the furniture and other items made according to designs based on the Indian preferences and usage patterns.
A design team has already been hired, he added.
Friday, November 09, 2007
Thursday, November 08, 2007
BSNL changes night call charges
The Bharat Sanchar Nigam Limited, Coimbatore has announced the launch of night calling charges under BSNL mobile cellular service from 11 p.m. to 7 p.m. The tariff for this would be 50 per cent of the peak hour charges (7 a.m. to 11 p.m.) as per the call charges in the respective plan that was in force for the customer.
The reduction in call charges during night would be applicable for all prepaid plans (except Lifetime Anant) and all post-paid customers with effect from November 1. Call charges for intra and inter-circle calls terminating in Bharat Sanchar Nigam Limited network at 50 per cent of the peak hour (7 a.m. to 11 p.m.) call charges in the respective plan.
Local SMS (short messaging service) during off peak hours (11 p.m. to 7 a.m.) charged at 50 per cent of the peak hour (7 a.m. to 11 p.m.) SMS rate in the respective plan. No fixed charges would be applicable for this facility, according to the announcement that has been made by Bharat Sanchar Nigam Limited. The offer would be valid for 90 days from November 1. The facility of speaking at night at half rate would not be applicable to calls that were made while roaming. This included both national and international roaming. Local short messaging service (SMS) includes SMS terminating in other telephone networks also.
For further details, contact telephone numbers 95-422-2454545/ 2456006/ 2306600.
BSNL has also announced the launch of “Excel Sumo Plan” which has come into effect from November 1. Under this new plan, call charges would be 99 paise per minute to any local network.
According to the announcement, the cost of the starter pack would be Rs. 249 (inclusive of service tax) with a validity of one year, talk value of Rs. 30 along with starter pack, recharge by top-up cards, friends and family calls to any two BSNL numbers (one landline number compulsory) would be at 50 paise per minute.
Charges after free 365 SMS would be 25 paise. For further details, contact phone numbers 95-422-2454545/ 2456006 or 2306600.
The reduction in call charges during night would be applicable for all prepaid plans (except Lifetime Anant) and all post-paid customers with effect from November 1. Call charges for intra and inter-circle calls terminating in Bharat Sanchar Nigam Limited network at 50 per cent of the peak hour (7 a.m. to 11 p.m.) call charges in the respective plan.
Local SMS (short messaging service) during off peak hours (11 p.m. to 7 a.m.) charged at 50 per cent of the peak hour (7 a.m. to 11 p.m.) SMS rate in the respective plan. No fixed charges would be applicable for this facility, according to the announcement that has been made by Bharat Sanchar Nigam Limited. The offer would be valid for 90 days from November 1. The facility of speaking at night at half rate would not be applicable to calls that were made while roaming. This included both national and international roaming. Local short messaging service (SMS) includes SMS terminating in other telephone networks also.
For further details, contact telephone numbers 95-422-2454545/ 2456006/ 2306600.
BSNL has also announced the launch of “Excel Sumo Plan” which has come into effect from November 1. Under this new plan, call charges would be 99 paise per minute to any local network.
According to the announcement, the cost of the starter pack would be Rs. 249 (inclusive of service tax) with a validity of one year, talk value of Rs. 30 along with starter pack, recharge by top-up cards, friends and family calls to any two BSNL numbers (one landline number compulsory) would be at 50 paise per minute.
Charges after free 365 SMS would be 25 paise. For further details, contact phone numbers 95-422-2454545/ 2456006 or 2306600.
Training programme using CATIA software
UMS Technologies Training Centre, a division of the G.D. Naidu Group of Training Institutions, is launching an employment-oriented training programme using CATIA CAD/CAM software. This high-end software is used for design and manufacture in automobile and aerospace industries across the world.
According to a release, UMS will provide a number of short-term courses in CAD/CAM/CAE and CNC Lathe and Milling Machinery using Auto CAD, Pro/Engineer, Solidworks, Delcam and Cimatron ‘E.’
Students will be given live projects in modelling and manufacturing and will be given exposure in all areas of the subjects they choose. Apart from the regular syllabus, specific skills sets required in various jobs in engineering design and manufacturing will be imparted to students.
Candidates completing CAD/CAM/CAE courses can opt for jobs as product designers. The institute would also provide placement assistance. For details, contact 9994866844.
According to a release, UMS will provide a number of short-term courses in CAD/CAM/CAE and CNC Lathe and Milling Machinery using Auto CAD, Pro/Engineer, Solidworks, Delcam and Cimatron ‘E.’
Students will be given live projects in modelling and manufacturing and will be given exposure in all areas of the subjects they choose. Apart from the regular syllabus, specific skills sets required in various jobs in engineering design and manufacturing will be imparted to students.
Candidates completing CAD/CAM/CAE courses can opt for jobs as product designers. The institute would also provide placement assistance. For details, contact 9994866844.
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