Blog Post

Omfurn India Ltd New Opportunities For Growth

Omfurn India is an icon of trust in the furniture business. With thepromoters’ highest level of integrity and dedication to the goal of reachingnew levels ahead of time, the company sees a bright future for its business. The Vishwakarma Brothers are originally from Jaunpur, Uttar Pradesh. When the eldest of the brothers, Rajendra came to […]

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SIDDHI VINAYAK METAL PRESSING WORKS

FLOURISHING OPPORTUNITIES AHEAD Business is growing, yet no laid-back attitude. Vikas Mahante’s son, Pratik wanted to restart in a clean state, moving away from all the legacy of liabilities. With an established customer base and the capability to offer newer products to the same customers, Pratik, the third generation entrepreneur, sees flourishing growth opportunities in […]

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Rakesh Shah’s Entrepreneurial Acumen

Entering a billion-club & growing faster After some years of trading in chemicals, Rakesh Shah entered into the manufacturing of speciality chemicals. In 1996, in a major break-through, he bought a small chemical unit, to which incidentally he was doing jobworks then. Rakesh Shah was only 25 year then. Today the company’s annual turnover is […]

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Loan write-off Never means a defaulter is forgiven

Write off doesn’t mean forgiving the defaulters’ loan. It is only a technical term used in the accounting of commercial banks for recalibration ofnon-performing assets (NPA) to save tax, after making full provision against the NPA. This practice is done since prudential norms came into existence many years ago. Many people, including intellectuals and pseudointellectuals, […]

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