Kammas World

The new facility will start functioning at Devanahalli in a few months Bengaluru, home to the country’s space headquarters, looks set to also host the country's first spacecraft production facility in the private sector. The new facility, designed for building 2,000-kg communication and Internet broadband spacecraft, is slated to start functioning in a few months at Devanahalli here. “Our satellite and systems unit is getting ready at Bengaluru and we plan to formally inaugurate it in the second quarter [fiscal] of 2019, that is during the June-September period,” said Anurup Pavuluri , Director of Ananth Technologies Ltd. The Hyderabad-based family-run company Ananth Technologies has put up the satellite centre at an estimated cost of ₹150-200 crore. The facility is being built on 3.5 acres of land at Bengaluru's aerospace park north of the city. The State Government is developing a 1,000-acre hub at Devanahalli to promote aerospace, defence and high-te...

WSYR-TV - It was a moment Central New York will never forget. Watching as Fayetteville's own Nina Davuluri continued to move to each round in the 2014 Miss America competition, an entire community and country would see her win the crown in stunning fashion. Nina Davuluri knocked down a few firsts that night by dazzling the Miss America stage with the competition's first-ever Bollywood dance. She would also become the first Indian-American woman to win the title. Being Miss America launched Nina into the global spotlight -- putting her platform, "Celebrating Diversity Through Cultural Competency" center stage. Watching Nina take the world by storm -- speaking at countless colleges and conferences -- her poise and intelligence prove the Miss America title truly means more than a crown. Nina's ventures have expanded into many realms including reality TV. She is the host and producer of, "Made in America," on ZeeTV Americas netw...

Hong Kong-based school chain Nord Anglia Education Inc. has entered India by acquiring People Combine Education India Initiatives Ltd's (Promoted by Tummala Naga Prasad and Yarlagadda Venkata Rajasekhar Babu ) schools under the Oakridge International brand. Nord Anglia, owned by Canada Pension Plan Investment Board (CPPIB) and Baring Private Equity Asia, has acquired five Oakbridge K-12 schools for kindergarten to grade 12 students. The five schools are located in Hyderabad, Vishakhapatnam, Bengaluru and Mohali, and have a total of 7,000 students, People Combine said in a statement. The deal will allow Oakbridge International schools to expand their offering, People Combine group chairman Tummala Naga Prasad said. The companies did not disclose financial details but a person familiar with the transaction said that the deal size is likely to be around $200 million (Rs 1,400 crore). The deal comes less than a year after VCCircle reported in May 2018 that Peo...

When your jewelry is coiled around the fingers of goddesses like Serena Williams, Michelle Obama, and Emma Watson,  Nicole Kidman and Shailene Woodley,  you know you’re doing something right. And if that same jewelry is helping female entrepreneurs all over the world succeed, well...shouldn’t we all be wearing it? Shilpa Yarlagadda certainly thinks so. The Harvard student navigates her way through demanding computer science courses as effectively as she does the Diamond District—now familiar territory since the 2017 launch of her fine jewelry brand, Shiffon Co. The adjustable design of the line’s signature Duet Pinky Ring features two stones, symbolizing a cycle of mutual support among women that Yarlagadda believes is the foundation for a new generation of entrepreneurs. This brand ethos comes to fruition in the form of a social-minded business model, where up to 50 percent of Shiffon Co. profits directly fund seed grants for female-led or female-advancing startups...

Navayuga Engineering Company Ltd ( Chinta VisveswaraRao, Chairman ) set a Guinness World Record on Monday morning, as it poured 32,100 cubic metre concrete in the spillway works at the Polavaram Irrigation Project here. The feat was accomplished in 24 hours, beginning with 8 am on Sunday. According Guinness Book Adjudicator Rishi Nath, 24 independent observers supervised the record-breaking event apart from three drones. Chinta Sridhar , MD, NECL said that the company had broken the earlier record held by a Dubai-based company, which was 21,500 cubic mtrs in a day. Chief Minister N. Chandrababu Naidu also congratulated the MD on the occasion. The Project The Polavaram project is a mega infrastructure landmark with a total of 48 gates, each of 20x16 mtrs dimensions. . It consists of a spillway, a concrete block, two temporary coffer dams, an earth-cum-rock fill dam along with two canals . "This is a life line for Andhra Pradesh as two canals will provide ...

Thothala Narayanaswamy Manoharan (S/o T.L. Narayanaswamy Chowdhry ) was born in April 1956 in a freedom fighter's family near Vellore, Tamilnadu with agricultural background . He obtained a post graduate degree in Commerce from Sri Venkateshwara University and a law degree from Madras Law College. He became a Chartered Accountant in 1983 and set up his public practice in the same year. He is the founding partner of the accounting firm Manohar Chowdhry & Associates, Chennai. He was elected to the central council of ICAI in 2001 and its Vice President in 2005. He remained as a Central Council Member till 2007. He has also chaired various committees of the Institute. In 2006, he was elected as the President of the ICAI. He is also a notable freemason. He was the ARGM of Chennai Area during 2016-17. In 2009, Manoharan was one of the six members (as representatives of Government of India) appointed to the board of the scandal hit information technology company Satyam Comput...

Indian luxury wear brand Mishru by Swapna Anumolu is banking on its unique designs to drive growth as it looks to tap into the growing bridal and ethnic wear market in India. Swapna launched 'Mishru' a traditional clothing label that represents spirited sophistication, elegance and individualism. Her Indo-western, bridal and ready to wear collections are a beautiful mix of traditional clothing with a modern twist. Mishru is for the contemporary woman who is fun, polished and effortlessly stylish. Swapna seeks inspiration from her travels and Indian heritage, architecture and fabrics and strives to reinvent the classics. Her collections include bright colours, unique prints and exquisite embroidery. The Hyderabad based label is targeting the country’s free-spirited women, which forms the core of the brand’s loyal customer base.   Mishru, which started with a small design studio in Hyderabad, has managed to quickly spread its wings and build a strong customer base ...

L.G. Varadarajulu (December 15, 1928 - May 19, 2010) was born to legendary businessman LRG Naidu and Ranganayakiammal on December 15, 1928 in Kalangal. After completing his studies in automobile engineering at the Arthur Hope's College in Coimbatore, he joined his father's bus transport business in Tirupur. He started manufacturing of automobile garage equipment and air compressors in 1960. He served as the Chairman of the ELGI Group of Companies — Elgi Equipments, Elgi Rubber, Elgi Ultra Industries, and LG Balakrishnan & Bros. ELGI is today, the market leader and Asia's largest and world’s seventh-largest manufacturer of air compressors and automobile service station equipment. ELGI's products are used in a wide range of applications in areas ranging from mining, defence, transport, pharmaceuticals, power, oil, railways, chemicals, textiles, printing to ship building, paper, electronics, telecommunications, medical, food & beverages and plastics....

Mr. Venkat Nageswar Chalasani  is a career banker with over 34 years’ experience. He has held diverse assignments covering different aspects of banking and currently oversees the treasury portfolio of India’s largest bank, with significant exposure to various market segments including FX, money markets, equities and investments. He has worked in various positions both in India and abroad, including postings in Bahrain, Bangalore and most recently Hong Kong, where he held the role of Regional Head (East Asia). He has been Shareholder Director at Central Depository Services (India) Limited since June 28, 2016. He holds a bachelor's degree in Science and a post graduate diploma in Journalism. Mr. Venkat is a director on the boards of several companies and industry associations. He has been a part of various RBI, SEBI and other committees the latest being Sunil Mehta committee. He appears in print and media.

Avanti Feeds, Natco Pharma are the only 2 companies from AP and Telangana placed in the list of Forbes Super 50 Companies 2018. Avanti Feeds: Avanti Feeds Ltd. engages in the business of manufacturing prawn and fish feeds, shrimp processing and exports from India. The company operates its business through the following business segments: Shrimp Feed, Shrimp Exports and Wind Mills. The Shrimp Feed segment engages in manufacturing & marketing of shrimp feed to the farmers, which is used in Aqua culture to grow shrimp. It also provides technical services to the Shrimp culture farmers at their ponds through qualified technical officers in all the coastal belt of India. The company exports its products to the United States of America. Avanti Feeds was founded by Alluri Venkateswara Rao on October 28, 1993 and is headquartered in Hyderabad, India. Natco Pharma: Fresh approvals to market new generic formulations in the US and plans for a wider global footprint mean the ...

Indies Pharma ( President and CEO - Guna Muppuri ) raised over $387-million (Rs.2,631 crores) its debut on the Junior Market of the Jamaica Stock Exchange, JSE. The Montego Bay-based company went to the market in July 12 raised $387 Millions in 3 days. According to Douglas Robinson, Vice President of Investment Banking at GK Capital, over one thousand applications were submitted by investors to participate in the IPO. This resulted in the offer being significantly oversubscribed – with the brokers receiving more than twice the amount that the company was seeking. Indies Pharma currently distributes more than 150 prescriptions and over the counter drugs on the Jamaican market. Led by Dr. Guna Muppuri, the company plans to position itself as a ‘one-stop-shop’ for pharmaceuticals, healthcare, herbal, and consumer and hygiene products. The company says it intends to use the IPO proceeds to repay its debt, position itself for strategic business expansion and a...

Lakshminaickenpalayam Ramaswamy Govindasamy Naidu ( 1894 - 1970 ) was born as the fourth child to Ramaswamy Naidu and Chinnasamy Ammal on the 7 th of January 1894. L.R.Govindasamy Naidu was popularly known as LRG Naidu and he was an entrepreneur with a vision which encompassed several aspects of commerce and social life. He was closely associated with the Industrial Scientist GD Naidu from his early days. LRG Naidu married Ranganayaki Ammal and couple made Tirupur their home from the year 1924. The couple was blessed with four dynamic sons and a daughter Vijayalakshmi who was married to V.N.Ramachandran of Premier Mills.   It was from Tirupur that he grew from good to great and he ensured that his enterprises and policies were built to last. His Vijayalakshmi Motor Service,City Mofussil Transports and Tirupur Karur Transports were headquartered at Tirupur and the other bus company Madura Public Conveyance from his stable had 40 buses and the operations where centered around D...

International Finance Corporation plans to make an equity investment of $23 million (Rs 158 crore) in Srinivasa Farms Pvt. Ltd ( Suresh Rayudu Chitturi - MD ) to help the Hyderabad-based poultry company expand its operations. The fresh capital will help Srinivasa expand its layer, broiler and breeding operations by setting up additional farms and hatcheries, the World Bank’s private-sector investment said in a disclosure. It will also the company expand its feed mills and add soya refineries, set up a food park and set up chicken and egg processing businesses, IFC said. Srinivasa Farms was founded by chairman Jagapati Rao Chitturi in 1965. The Chitturi family collectively owns about 80.04% of the company, the disclosure showed. The company operates an integrated layer and broiler breeding business and has presence in soya, feed, layer and broiler breeding and contract farming. IFC said the company’s total expansion project cost is estimated at $83 million an...

R. Venkataswamy Naidu was popularly known as RVS and he reigned supreme in the world of business for much of his life. RVS was born to the smart agriculturist turned entrepreneur V. Rangaswamy Naidu of Peelamedu and the lady with a golden touch Chinnammal on May 12, 1910. Peelamedu was the home to a number of black cotton farmers who had the gumption to take risks and therefore a number of them ventured into industry. Venkataswamy joined the Sarvajana School and subsequently spent some years at the St. Michaels Higher Secondary School before graduating from the University of Madras. RVS went to England and pursued his B.Sc (Tech) Textiles from the University of Manchester. On his return he joined his father at the family run Radhakrishna Mills Limited. He was appointed as the "Manager" and the title stuck to him for life. The great depression of 1929 destroyed many an enterprise in the US and around the world. The impact was felt in Mumbai and a number of busi...

In the South, the first to get off the bloc were the rich Kammavar Naidu landlords of Coimbatore who prospered  by cultivating high-yielding long-staple ‘Cambodia’ cotton from the  early years of the 20th century. As writers like Christopher Baker112 have pointed out, the Coimbatore or Kongunad region of Tamil Nadu was generally dry and marked by poor rainfall,  even while having an abundance of heavy black soils suitable for growing cotton, groundnut and  other cash crops. The heavy soil texture demanded a style of capital-intensive farming centered  around well-irrigation that was – in contrast to the lush alluvial paddy lands of the Cauvery  delta – not conducive to absentee landlordism. Even the big mirasidar, therefore, tended to be a  hands-on manager who took a close interest in his tenanted holdings. Operating at higher levels  of capitalization also made him more involved in the marketing of his crop, so as to fetch retu...

The launch of its generic viral flu medicine in the US, and its oncology & hepatitis C portfolio products in India brought Natco much success last year During the financial year 2016-17, Natco Pharma became the first player to launch the generic version of Oseltamivir, a viral flu medicine, in the US market, creating a milestone for the industry. In the same year, the company’s oncology and hepatitis C portfolio products gained further strength in the Indian market. “We saw an accelerated growth during the financial year due to Hepatitis C product growth in India and blockbuster launch of generic Oseltamivir in the US,” said Rajeev Nannapaneni , vice-chairman and CEO of Natco Pharma in the annual report of 2016-17 fiscal. “In formulations, new product sales have shown very good momentum and have improved total sales revenue significantly,” he added. Going ahead, the company is looking at expanding its footprint in India and making significant investment in R&D...

Leading vaccine maker Bharat Biotech ( Krishna Ella - Chairman and Managing Director, Suchitra Ella - Chairperson ) on Friday received the National Technology Award for 2018 from the Central government’s Technology Development Board for its Rotavac vaccine. This prestigious award for innovative technologies, successfully developed and commercialized from India, was presented by President Ram Nath Kovind at the Technology Day ceremony held at Vigyan in New Delhi. Launched in 2015 Rotavac was introduced into the Universal Immunization Programme (UIP) in India during 2016, with initial implementation in 9 states.   Till date, Bharat Biotech has supplied about 35 million doses to the UIP. The vaccine is already saving infant lives and lowering the cost of hospitalizations across India. The company has also initiated supply of WHO Prequalified Rotavac to UNICEF and other Immunization programmes worldwide, the Hyderabad-based company said in a statement. “We are pr...

Four Indian seafood companies are trying to cash in on the booming shrimp exports by going for an IPO. In last few years, Indian seafood exports have been recouping losses suffered due to the punitive tariff imposed by the US in 2004 and the decline in capture fisheries with the help of vannamei shrimp production, which is cheaper than the traditional black tiger. According to trade sources, Indian aquaculture production is estimated to touch a record seven lakh tonne during the current fiscal and reach one million tonne by 2020. Nekkanti Sea Foods ( MD - Nekkanti VenkataRao ), Devi Seafoods ( MD - Potra  Brahmanandam ), and Sandhya Marines ( MD - Kondragunta  Venkata Prasad ) have filed draft prospectuses with capital markets regulator SEBI. Another company, Devi Fisheries ( MD - SuryaRao Yarlagadda ), is also reported to be planning for a public listing. Most of the leading shrimp exporters are based in Andhra Pradesh where majority of the farms are located. ...

Aluminium alloy wheel manufacturer Synergies Castings has announced plans to set up a ₹650-crore greenfield alloy wheel making facility near the port city of Visakapatnam. The company has signed a memorandum of understanding (MoU) with the Andhra Pradesh government earlier this year to establish an aluminium casting and speciality alloy wheel manufacturing facility. The new greenfield facility, with an annual production capacity of 2.4 million units per annum, has been bench marked at 18 inch wheel size. It is expected to have sophisticated casting, machining, painting facilities with embedded digital manufacturing technologies. This agreement sets the stage for building one of the largest single location alloy wheel manufacturing projects, with a facility to expand this to 5 million wheels per annum in multiple phases. Shekhar Movva , President, Synergies Castings Limited, said: “As customer requirements become exceedingly more stringent, it is important t...

We bring to you a large-cap stock of auto part maker that has rallied more than 3400% during the 9-years beginning from April 2009 to April 2018 The domestic stock markets have been broadly rising since last nine years after the major wipeout was witnessed on the jitters of the global financial crisis of 2008 which hammered the stock markets worldwide. Since March 2009, Indian equities have been surging perpetually despite a several time-corrections, shocks and bumps observed due to lower-than-expected decision making at the national level by the government during late-2010 and early 2014. During the span 40 months beginning November 2010 up until late-February 2014, the benchmark Sensex has moved from a level of 21,005 to a level of 20,701, losing 1.45% or 300 points. Later after, Modi-government came to power in May 2014, the 30-share barometer Sensex managed to post a gain of 50% in the last 4-year term despite the major slides caused on the back of events such as Greece...