#delhi e tender
Explore tagged Tumblr posts
bidhelp · 21 days ago
Text
Why Is Acceptance of Bid Terms and Conditions (ATC) Essential for Successful Bidding?
Tumblr media
It’s tough to keep up with all the changes in shopping. Before entering a government or private bid, a business should make sure it knows all the rules. Make sure you agree to the Acceptance of Bid Terms and Conditions (ATC) before you bid. People who buy or sell things know the rules and what they need to do each time. You have to agree to these rules before you buy something. This Gem Portal Blogs 2024 post is about why ATC is important.
How to Read and Understand the Terms and Conditions of a Bid
People who want to buy or sell something can find out what they need to do on the Acceptance of Terms and Conditions (ATC) paper. You do need to agree to these terms for the trade to go through and be fair. These make sure everyone does their part and help the government gain trust.
Before a company can do anything else, like on gem bidding process they have to agree to the ATC. This step is very important because it shows that the seller is ready to meet all of the buyer’s needs, whether they have to do with quality, shipping, or the law.
Key Components of the ATC
ATC forms have a few important parts that make sure work is done right and communication goes smoothly. These parts are most of the time:
1. Eligibility Requirements
A business can bid if it follows these rules. On this list might be things like proof of registration, training, certificates, and the time that needs to be spent. If you can get the seller to agree to these terms, they will have to follow certain laws and money rules.
2. How to pay
When someone bids on product or a service, they often think about how they will pay for it based on how the product or a service cost will be. The terms may list goals, due dates for payments, late payment fees, and ways to pay early. People who sign the ATC promise to do the things below. Fights are less likely to happen along the way.
3. Delivery Schedule and Performance Metrics
Getting things done for the government on time is often a big sign of success. You are told by the ATC how to give the order, how long you have to do it, and how well you need to do it. When someone bids on the ATC, they agree to follow these rules about quality and time.
4. Liabilities and Penalties
ATCs usually say who is to blame if they don’t follow the rules, send things late, or make things that don’t work right. There are repercussions for not following the rules that were agreed upon in these terms. They look out for what’s best for the buyer. Before they pay, people who want to sell should read these rules and agree to follow them. This shows that they are serious about the project.
5. Following the law
Most of the time, companies that want to use the ATC have to follow all the laws and rules that are in Gem portal. These rules might be about work, the environment, or GST. People who want to bid must show that they will follow these rules. This could be anything, like work records and ISO certificates.
Why you should agree to the ATC
Before you can buy something, you have to accept ATC. The seller is ready to do what needs to be done because of this. This is what we want you to do because:
Establishes Mutual UnderstandingThe ATC has rules about the tender. It’s clear what to do. People who agree to the ATC promise to do their best at what they need to do. This helps people know as much as possible about something before they buy it.
Getting rid of threats:-People who want to sell something should make sure that all bids follow the ATC. Each person knows their job from the start, so everyone is on the same page. This makes it less likely that there will be fights or lawsuits while the deal is being made. They can make a better choice about whether the project can go forward or not now that they know what kinds of fines are possible.3. Makes sure everything is clear and fair:-It is the ATC’s job to make sure that everyone has a fair chance to win. The rules are fair because everyone can agree on and understand them. It’s important to be open and honest when the government spends money on something.
Tips for Navigating ATC Acceptance
Businesses may be chosen based on how well they handle the ATC and how well they do during the delivery part. To help, here are some ideas:
Make sure you understand everything in the ATC by reading it over and over: Pay close attention to the rules that say who can join, how to do well, and how to punish people.
Ask the person who made the ATC to explain something more clearly if you don’t get it: You won’t get into trouble if you know everything.
Get help from professionals: They will protect your business from risks you didn’t see coming if you hire them to read and understand the small print.
Declaration of Acceptance of Bid Terms and Conditions (ATC) for Bid
Date: [Insert Date]
To,
The Procurement Officer, [Name of the Procuring Organization], [Address of the Procuring Organization], [City, State, PIN Code].
Subject: Acceptance of Bid Terms and Conditions (ATC) for [Bid Number]
Dear Sir/Madam,
I, the undersigned, representing [Your Company Name], located at [Your Company Address], hereby acknowledge and accept all the terms and conditions specified in the Bid Document for [Bid Number].
We have thoroughly reviewed the entire bid document, including all amendments and clarifications provided by the procuring organization. By signing this document, we confirm our acceptance of all terms and conditions outlined in the tender document as per the Indian procurement rules and acts.
Compliance and Assurance
We assure you that:
Our bid submission complies with all the requirements and criteria mentioned in the tender document.
We are committed to maintaining the highest standards of integrity and transparency throughout the procurement process.
We will adhere to the specified timelines and ensure timely delivery of services/products as per the contract.
We look forward to a positive response and are eager to establish a long-term and mutually beneficial relationship with your esteemed organization.
Thank you for considering our bid. We assure you of our best services at all times.
Yours faithfully,
[Signature] [Name of the Authorized Signatory] [Designation] [Your Company Name]
[Contact Number] [Email Address]
Conclusion
You have to agree to the terms and conditions of Bid in Gem portal. That’s the most important part of the deal. For those who agree to these rules, they say they will be honest, do a good job, and deliver on time. You need all of these things to buy something. Before they bid, people should know who can bid, when they need to pay, when the things need to be shipped, and who is in charge.
Last but not least, ATC guides everyone by making sure they understand and follow the rules. Make sure you agree to the rules of the deal. This could help you get the job or keep things from going badly. It doesn’t matter if you’ve worked for the government before or not. The ATC teaches you how to form stable business partnerships that do a good work. For more details visit : https://bidhelp.co/
0 notes
tenders18 · 3 months ago
Text
Delhi Government Tenders Online
Tender 18 is your go-to platform for accessing all information on Delhi tenders. Whether you search for government tenders in Delhi, Delhi e-tenders, or tenders in the Delhi NCR region, our portal helps you to smoothen out the electronic procurement process of businesses and contractors alike. As focused on maximum transparency and efficiency, Tender 18 ensures that you never miss an opportunity published on CPPP Delhi or even through the Delhi government's e-procurement system. Stay updated with the latest tenders and leverage our intuitive tools to bid seamlessly on projects. From small-scale contracts to large government projects, Tender 18 connects you with the right opportunities in Delhi. Explore our extensive database to unlock growth potential and gain a competitive edge in the thriving Delhi market. Trust Tender 18 for all your e-procurement needs in Delhi and beyond.
Tumblr media
0 notes
justanythingfromourday · 2 years ago
Text
Three Films and a Couple of Thoughts
22.07.23 - 10.08.23
My phone calendar for July was not just marked with bill payments and birthdays but also the release dates of three films, complete with an accompanying reminder that would inevitably light the screen, catch my attention, ensure that I was booking the tickets in time. The films were ‘Past Lives’, ‘Barbie’ and ‘Oppenheimer’. I watched all three of them with my partner, my usual film companion if I’m not watching something with our parents or you, and each of these experiences – Past Lives, 6.05PM show at INOX, Oppenheimer, 11.55PM show at Cinepolis and Barbie, 12pm noon show at PVR – was singular in its own way, for a myriad of reasons.
Notwithstanding the absurdly high prices of tickets where a Rs. 350 ticket starts to look ‘cheap’ (to me, the upper-middle class consumer, with enough liquidity to throw cash even at a coca cola priced at Rs. 360!!), what was it like to watch each of these films in the cinema? Let’s also not forget that all three of these films are, to varying degrees, in English or English-centric (since Past Lives is a mix of Korean and English, subtitled only in English), the implication being that the audiences for all of these will be English-understanding, if not English speaking etc. I think it’s important to note all of these things – the cost, the language, the space of the cinema itself – in the present moment, before diving into the ‘criticism’ / ‘opinion’ portion of my piece. The subtext of all this is: how communal of an experience does the cinema still provide? Who can afford the obnoxiously priced snacks and the reclining seats, let alone the ticket itself? Who has the ‘time’ to luxuriously book a noon time show, in the middle of a work day, or one late at night in a city like Delhi? With the rapidly intensifying need to show more and more ‘content’, as made obvious by the number of screens in a particular cinema ‘complex’ (no longer hall, no longer single screen), the question that also comes to mind is this: is consumption everything?
When I watched the trailer for Past Lives, I felt an appreciative nervousness that seems to be evoked by nearly all A24 films; the subtle promise that this movie, this narrative will shift the way you might think or feel things. After all, a film about a Korean-American woman, married to a white guy, who then runs into her childhood sweetheart, is a film that can open so many doors, invite so many questions, evoke that complex sense of yearning and uncertainty, while attaching it to memory-making and the politics of identity. So I went into the hall with this promise in mind, expecting a complex and touching narrative about love, identity, history…but by the first half, it was beginning to seem that I had expected too much. In the interval, when my partner and I stepped out to get popcorn, we exchanged only sceptical glances and no words, both perhaps trying to let the film run its course, refusing an early judgement or indictment, generous to a fault.
Past Lives is one of the most disappointing films I have ever had to watch in the cinema. Not only did I nearly fall asleep twice in the first half, the gaping holes in plot and the sheer lack of any chemistry, or depth in any of the relationships made me want to pull my hair out. The film seemed to think that unnervingly long, awkward-without-purpose silences between characters is all that a context of tenderness requires – this particular choice irked me throughout. Our protagonist meets her childhood crush repeatedly over the course of 20-30 years, after gaps that are decades long and their conversation amounts to this: did you eat anything today? – UNNECESSARY FORCED SILENCE -  What prize do you want to win for your writing now? – UNNECESSARY FORCED SILENCE - Do you and your partner fight?  - UNNECESSARY FORCED SILENCE – and so on and so forth. If in these year long intervals, they have gained no curiosity about each other nor the ability to hold a single engaging conversation, then perhaps they should stop pretending they’re in love. The absurdity does not stop here, with the pretend-serious quiet that forces the film into disfigured drivel, but extends to all other aspects of the film – the protagonist has a younger sister and a pair of parents mentioned only once in the film, never to reappear or be mentioned onscreen again, the protagonist is a writer who stops talking to her crush the first time round because she wants to write but we never get to see what she’s writing, or what her work life is like or anything ‘writerly’ at all, the protagonist meets her white husband at a retreat and the ONLY conversation they have is where she monologues in the most dry, unaffected manner about ‘in-yeon’, a seemingly ‘deep’ concept that gives literally no weight to the film but seems to be its alleged driving force, before we drift into their marriage that has, again, no depth, feeling, tension, nothing, and in one particularly galling scene when the protagonist invites her childhood crush to a dinner/bar scene with her husband, the two of them start out talking in Korean with her translating into English for her husband before descending entirely into Korean, excluding the husband from the exchange which is mirrored literally by the camera cutting him out the frame. Not only is this absolutely, unfathomably unreal and stupid, they also manage to discuss what a ‘life together’ might have been like….right there, with the ousted white guy sitting somewhere within earshot. How has this not come up before, you know, when they met like 5-6 times alone? How can anybody take their spouse out with an erstwhile crush/flame and proceed to ignore said spouse for hours on end, without any ramifications? How is the said spouse not even hurt a tiny bit? What is the logic of this film? What is the meaning of this film? Is it enough only to put one ‘deep’ Korean concept in, fill the run time with awful, hankering silences and characters that appear to be more cardboard than real people, and put some stringy-ambient music in the background – in order to make an ‘art’ film, a ‘stunning’ cinematic debut?
I call bullshit.
At the end of the film, my partner and I turned to each other and both of us said….WHAT? IS THAT IT? IS THAT WHAT WE PAID SO MUCH MONEY FOR, AND GAVE OUR TIME TO? It was in a senseless, almost slurring kind of disbelief that we walked back home, unable to articulate how awful the film really was, especially because it pretended so hard not to be anything but ‘touching’ and ‘simmering’ and ‘beautiful’? When we pulled out reviews of the film, the disbelief sky-rocketed to another level. Past Lives was a critically acclaimed film, by the measure of most, if not nearly all reviews. We kept shaking our heads, wondering if we’d watched another film, the wrong cut, or if we were just stupid. Was there something we didn’t understand? Were we the ones missing something, and not the film itself? After all, in varying publications and across platforms, it was being hailed as a ‘masterpiece’. And the only words we had for it were: bull-fucking-shit.
.
Oppenheimer was a midnight show, and we were running late, having had to look for parking and the cinema itself - of course we would arrive at the wrong shopping mall first. We missed the first five-seven minutes of the film, but got settled in quickly. A fair amount of time has elapsed since I watched the film so my thoughts aren't quite as dense or immediate - it was an interesting movie overall, with a number of elements that faltered and misspoke. Here's what I liked: the impeccable sound design, often a 'staple' of Nolan's films, the 'character' of Albert Einstein (perhaps acted too perfectly, in my opinion, a portrayal that teetered on the edge of whimsy but never became a caricature?), Cillian fucking Murphy making the most of a script that didn't fully grasp or even attempt to grasp the complexities of Oppenheimer's life or the bomb dropping itself, the popping up of random actors - though after a time, it became a bit tedious. Hello, Rami Malek, is that all you'll be saying?
It's also indicative that the cinema was predominantly 'male', full of tech bros and cishet men that had turned out en masse to rave about Nolan - I am late to the discourse surrounding his films and the women portrayed in them (awfully, poorly, tediously, repetitively awful etc etc) but of course that was one of my major issues with the film. Plenty of reviews about this. I remain unconvinced by a film that leaads up so heavily to a world-history changing bombing but refuses to show us even ONE visual of the devastation in Hiroshima and Nagasaki. It's not enough to show us this singular white man's 'guilt' (very sparsely, might I add) - for a film made in this day and age, it certainly doesn't seem to want to reckon with the sheer scale of violence this moment unleashed upon the world. To be preoccupied with 'Oppenheimer' is a lazier, easier choice and still the film meanders in the second half, a little too obsessed with the trial / American politics, rather than the absolutely real time ramifications of the bomb. The film seems almost forgiving, when it should perhaps adopt a more complex approach to Oppenheimer. Don't even start me on the women - that's a whole other shit show. Literally nothing works in that realm, not for even a second, is any woman onscreen remotely believable or real, or even realized as a person. So Nolan has bumbled a number of things in the film - in parts, the film felt likes three different films put together, the editing was quite poor and abrupt, the women utterly destroyed in favour of a boring trial and an all-too-easily-forgiven antagonist, without a moment taken to acknowledge the horror he brought upon the world through his world. Underwhelming and not well thought out, I'd say but I really enjoyed the way sound functioned throughout film. For those raving about the 'cinematography' or 'visuals' - friends, come on, it's alright, it's pretty standard. Some things do strike you but overall, it's just alright.
.
We were on time for Barbie. What a relief. After watching three films with missing beginnings (these two above, and even the new Spiderman film!), I was relieved to see WB ads playing out on the big screen. My partner was very sorry that neither of us were wearing pink - the cinema hall was flushed in said colour, mostly, and I liked how 'extra' it felt, almost exuberant? But at the same time, the company making Barbies now making films about barbies - do we get more meta in capitalism than this? Probably. But that subtext stayed with me.
On first thought, right at the first watch, I really enjoyed the film. I laughed a lot, and I laughed at how much my partner laughed because some of the humour really worked well. Funnily enough and like a small majority, Ken emerged as my favourite character over the course of the film. The production design and the music was very well done most of the time, and some of the writing was very crisp, very intelligent. There were some issues though - many of which emerged in my conversations with other viewers, as well as my partner, as we read through internet discourse, reviews, tweets, instagram hot takes and so on, rethinking many of our initial thoughts. Though Barbie remained very much a fun film, one that should certainly be watched in the cinema, there was a sense that this film was just fun.
A great bit of superficial fun, that did not try to gesture at deeper meanings, nor truly try to break gender binaries (because how could Barbies???? even as there is one radical moment where Barbie and Ken, in the real world, tell construction workers, that neither has genitals, a radicality immediately defeated by how binarised the worlds remain and perhaps the fact that Barbie goes to the gynaecologist, confirming the bio essentialist reality of her as a 'woman' idk). Even the Weird Barbie wasn't weird enough for me - wasn't unsettling enough, wasn't subversive enough, didn't possess any qualities that might offset the 'sweet' 'funness' of the Barbie universe. No character beyond Barbie or Ken were developed, especially the real world mother-daughter pair upon whom much action hinges, but who remain empty vessels, unrealized people with no interior lives or histories, nothing. That one monlogue that has garnered significant praise across the Barbie discourse was quite average, in my opinion - it did not force me to think deeper or did it connect with me very emotionally. In a landscape where we've broken gender right open and are actively trying to collapse boundaries, this film did little in that direction, but enforced these dualities instead. I don't think it even properly examined how patriarchy reduces men and harms them deeply too.
I came across a recent review that seemed to be arguing that Ken should have his own movie - because this movie is called 'Barbie' and it should be only about her!!! and I found this to be quite a reductive approach because if you're trying to examine patriarchy and gender roles (forget race or ethnicity guys, that's pushing it right now) - then we need as many narratives as possible in there, and it was very interesting to see a 'Ken'. I did not feel that he 'took over' filmic space meant for 'Barbie', or that his presence or storyline detracted from the larger narrative - in fact, often, he was the most entertaining, compelling aspect of the film. I love Margot Robbie and she's done an excellent job, but I think the film overpromises - as does much of the discourse/reviewing around it. It's a fun watch, surely and you'll be singing along and you'll love the visuals - kinda made me think of Katy Perry's California Gurls a bit (I could think of other references too but eh?) - but it's a surface level film. You kinda get what you see, and not much else. And that's alright, perhaps, because it is a film by a company that essentially makes these dolls that many of us spent our lives idealizing (and yes, breaking etc etc). So yeah, thanks Greta Gerwig but you did a lot better with your earlier films. Feminism doesn't really need Barbie at the moment, I think.
.
I'm all done here, in a bit of a rushed manner. I also semi-watched this film Unpregnant on the plane but I don't really have much to say except I'm glad I didn't finish because it didn't make me feel anything at all, really. Average, average, below average?
As for this coming month, let's see where the watching and viewing takes me. You know, we're currently watching Good Omens together. Made in Heaven just came out. I also finished Wellmania. Perhaps time for another post, in a little bit. I hope these anecdotes get a little more interesting as we go, and perhaps more critical/well informed.
~ U
4 notes · View notes
tenderhub · 8 days ago
Text
e Tender Delhi 
Tendering processes are essential for ensuring transparency and promoting a competitive procurement environment. With the high volume of tenders in Delhi, platforms like TenderSniper are crucial for efficiently navigating and accessing these opportunities. Here’s a detailed look at how TenderSniper can assist in providing information on Delhi tenders.
Tumblr media
0 notes
gemserviceprovider · 14 days ago
Text
How Can Businesses Benefit from India Tenders 2025 for Transportation?
Tumblr media
With growing infrastructure development, businesses have great opportunities to secure projects through India Tenders 2025. Many Transportation Tenders 2025 are available, covering roadways, railways, logistics, and public transport. Keeping track of Transport Tenders can help businesses expand and contribute to India's transport sector. TendersOnTime provides the latest tender updates, helping bidders find the right opportunities.
Why Consider India Tenders 2025?
Government and private organizations regularly release India Tenders 2025 to improve the country's transportation network. These tenders include Transportation Tenders 2025 for road construction, railway expansion, logistics services, and more. Businesses involved in transport services, infrastructure development, or logistics can benefit from the latest Transport Tenders by bidding on projects that match their expertise.
Types of Transportation Tenders 2025
Various Transportation Tenders 2025 are available, including:
Road Development Projects – Construction and maintenance of highways, bridges, and expressways.
Railway Projects – Station upgrades, metro expansion, and track maintenance contracts.
Freight and Logistics Services – Transport of goods, cargo handling, and storage solutions.
Public Transport Contracts – Tenders for buses, taxis, and innovative mobility solutions.
By monitoring the latest Transport Tenders, businesses can find new opportunities and expand their reach in the transportation sector.
How TendersOnTime Helps with Transport Tenders
TendersOnTime provides reliable and real-time information on India Tenders 2025. Our platform helps businesses discover Transportation Tenders 2025, offering complete details and guidance to make the bidding process easy. Whether you are a contractor, service provider, or supplier, we ensure you never miss out on valuable Transport Tenders.
Conclusion
For businesses in the transportation industry, India Tenders 2025 opens doors to new opportunities. With many Transportation Tenders 2025 available, companies can take advantage of upcoming projects and grow their business. TendersOnTime is here to assist you. We provide end-to-end GeM registration services, tender consultation, and bidding support to help your business successfully win government tenders.TendersOnTime is a trusted GeM consultant, providing expert guidance in major cities like Mumbai, Pune, Maharashtra, Kolkata, Chennai, Delhi, and Bengaluru. We help businesses navigate the GeM registration and tendering process with ease. Visit Us or contact us today and take your business to the next level.
0 notes
news365timesindia · 1 month ago
Text
[ad_1] New Delhi: In a chilling revelation into the Tirupati Temple adulterated laddu case, the Central Bureau of Investigation (CBI) has arrested four people after it found several loopholes in the Tirumala Tirupati Devasthanams (TTD) e-tendering process for procuring ghee for Prasadam Read More [ad_2] Source link
0 notes
news365times · 1 month ago
Text
[ad_1] New Delhi: In a chilling revelation into the Tirupati Temple adulterated laddu case, the Central Bureau of Investigation (CBI) has arrested four people after it found several loopholes in the Tirumala Tirupati Devasthanams (TTD) e-tendering process for procuring ghee for Prasadam Read More [ad_2] Source link
0 notes
gemgov · 2 months ago
Text
Transforming Public Procurement Through Digital Innovation
Introduction
With the increasing role of technology, there has been a remarkable shift in the manner in which government organisations approach procurement. In today’s dynamic landscape, public procurement is evolving like never before, with digital transformation at the heart of this change.
New technologies are rapidly transforming procurement processes, turning traditional, manual procedures into streamlined, data-driven operations. The use of emerging technologies like big data, AI and machine learning are making the digital transformation of public procurement portals faster, more transparent, and cost-effective. This transformation is reshaping how goods and services are sourced for government buyers, contracts are managed, and supply chains operate.
India, too, is witnessing this paradigm shift. Government e Marketplace (GeM), the national procurement portal has emerged as the second-largest in the world by order volume, second only to South Korea’s KONEPS, which has had a considerable head start since its establishment in 1996.
With flagship initiatives such as Digital India, the country is progressing towards a tech-empowered economy. Among the many success stories of digitalisation, GeM, India’s largest e-marketplace for government buyers, stands out for redefining the way government contract tenders are managed in India.
Tumblr media
How GeM Became a Game-Changer in Public Procurement
Launched in 2016, Government e Marketplace, also known as GeM, was introduced to digitalise and streamline the procurement process in India. It is India’s largest e-marketplace for government buyers, facilitating online procurement of common-use goods and services.
The platform offers a secure and transparent process, providing access to a wide range of verified online tenders, from both Central Government & State Government, government organisations, agencies, departments and Public Sector Undertakings (PSUs) across India. It has an end-to-end digital infrastructure, enabling pan-India sellers & service providers to easily participate in government e-tendering from anywhere at any time and get a chance to sell directly to 1.6 Lakh + government buyers.
Tumblr media
Evolution of the GeM portal: Technological Trends
GeM has always been at the forefront of digital innovation, embracing cutting-edge technology to create a seamless and efficient user experience. As a platform designed to streamline government procurement, GeM continuously evolves to meet the dynamic needs of its diverse user base. At the heart of this transformation is GeM’s commitment to ensuring accessibility and inclusivity for all stakeholders.
Let’s look at some key innovations:
End-to-End Digital Infrastructure
GeM provides a fully digital public procurement system, eliminating the need for manual processes and paperwork. It is a completely cashless and paperless e-procurement portal, ensuring that sellers and service providers can participate in government tenders and receive payments online from anywhere. For instance, sellers can access and bid on government tenders in Delhi, no matter where they are based in India, spurring hyper-local businesses across the country.
The digitalisation of the portal provides an end-to-end digital infrastructure where the bid details are published for up to 6 months to all stakeholders with access to a digital dashboard, which can be critical for monitoring the status of government tenders and evaluating the progress of ongoing procurement activities.
Other sellers who do not fall under the particular category can also view these opportunities by logging into their accounts, further ensuring transparency in government spending on procurement.
24/7 AI Chatbot Assistance
GeM is enhancing its digital experience with the introduction of GeMAI — an AI-powered chatbot offering 24/7 assistance to users. By crawling the portal for answers, GeMAI provides intelligent, efficient, and intuitive guidance, helping users navigate the platform’s unique features and resolve queries in real time. This innovation is set to further simplify procurement processes, empowering users with the information they need, whenever they need it.
Augmented Reality (AR)
As part of its commitment to maintain its position as a pioneer of digital transformation in public procurement, GeM integrated Augmented Reality (AR) into its platform to enhance the procurement experience in 2024.
In partnership with a third-party provider, GeM has deployed the use of QR codes for 300 products.
Through this innovative approach, buyers will be able to scan the QR codes featured on the GeM website and view 3D models of products in AR using their mobile devices. This feature allows users to interact with items in an entirely new way by scaling, zooming, and panning 3D models, as well as placing them within their real-world environment using the camera view on their device.
Impact of GeM on India’s Socio-Economic Fabric
By adopting these cutting-edge technologies, GeM is enabling both government buyers and sellers / service providers, particularly underserved groups, to navigate the procurement system with greater ease, creating a user-friendly ecosystem.
Through its digital-first approach, GeM continues to drive change for India’s marginalised and hyperlocal sellers in the following ways:
Level Playing Field: GeM has played a pivotal role in creating equal opportunities for all sellers, particularly those from marginalised sectors. Through its platform, Micro, Small, and Medium Enterprises (MSEs), Women-led businesses, and Startups can directly sell to government buyers without any intermediaries, thereby democratising access to the vast government procurement market.
This shift has not only enhanced market visibility for such sellers but has also empowered them to scale and thrive in a competitive environment. Currently, MSEs have contributed to nearly 40% of the total order value on GeM.
Nurturing Local and Hyper-Local Economic Ecosystems: GeM fosters self-reliance by empowering India’s hyper-local economy through its robust digital infrastructure. The platform enables even rural and local manufacturers to access a nationwide marketplace, bridging the gap between small businesses and large-scale government procurement.
With GeM, sellers from any part of the country, including remote villages, can seamlessly participate in government tenders in Delhi and beyond. By eliminating geographical barriers and providing equal opportunities, GeM ensures that local enterprises thrive, contributing to regional economic growth and a more self-sufficient India.
Capacity-building for Sellers: GeM understands the importance of seller empowerment and offers various resources to help them navigate the platform successfully. Through a range of online interactive and multilingual training modules and exclusive online and offline workshops, GeM educates sellers about the platform’s features, enabling them to leverage its full potential.
Through its multilingual and digital interactive courses, GeM ensures sellers can access the information they need in their preferred language from anywhere in India.
Head over to https://elearning.gem.gov.in/ to sign up to these courses!
A Promising Future: The Roadmap Ahead
By fostering a more inclusive, accessible, and efficient procurement ecosystem, GeM is setting the stage for the future of digital procurement, where processes are seamless, transactions are transparent, and sellers of all sizes and backgrounds can compete on a level playing field. This will create a more efficient and dynamic marketplace, aligning perfectly with global trends towards digital-first, data-driven procurement systems.
The future of public procurement is here, and GeM is at the forefront of this revolution. By continuing to innovate and refine its processes, GeM is ensuring that e-procurement in India is accessible, efficient, and transparent for all. As more businesses engage with this platform, the shift towards a fully digital procurement ecosystem will undoubtedly transform how government contracts are awarded, benefiting both sellers and government buyers alike.
0 notes
newsxbyte · 2 months ago
Text
Desi companies seek access to states' electronics tenders
NEW DELHI: Between 2021 and 2023, the Uttar Pradesh govt purchased nearly 70 lakh tablets and smartphones worth over Rs 7,500 crore, largely for social welfare programmes. These large-scale orders were processed through the Govt e-Marketplace (GeM) portal.Documents reviewed by TOI show that a significant portion of these orders went to Korean and Taiwanese brands Samsung and Acer, which…
0 notes
bidhelp · 1 month ago
Text
What Is Caution Money in GEM and Why Is It Important
Indian people buy things in very different ways now that the Government e-Marketplace (GeM) is up and running. When people on the government list can buy and sell things online, it's clear, quick, and easy to do business. The Caution Money gives GeM a lot of money and helps keep the gem's Products name. I need Caution Money in GeM. How do I get it? This blog post will make it very clear what it is, what it means, and how it affects people who are bidding and people who are bidding.
Tumblr media
What Is Caution Money in GeM?
People who want to buy or sell on GeM have to put down "caution money" as a deposit. This is what buyers do to keep themselves safe. Once the buyer makes this payment, you can be sure they are telling the truth and won't scam the site or break their word. Be careful, the government can use the money to pay back people who broke the rules or fines. But the money isn't given back if GeM rules are broken.
Why Is Caution Money Required in GeM?
GeM needs money to follow these main rules:
The fee makes it less likely that people who don't really want to buy will sign up for the site just for fun.
Not to lie, make fake applications, or do other bad things. This is to stop scams.
To make sure that when the government buys something, people are safe: It is safer and more effective for the government to buy things from sellers they can trust and who are financially stable.
Because we want the platform to be honest, deals are real, and buyers who say they will pay are real.
How Much Caution Money Needs to Be Deposited?
Careful how much money the seller makes and the type of business they have will determine how much money they need. Big businesses and small and medium-sized businesses (MSMEs) have different levels set by GeM. This is always how the deposit is set up:
There are MSEs, which are very small businesses that can't put down as much money as bigger ones.
A big or large business that makes a lot of money and has done well in the past needs to borrow more money.
OEMs can use various slabs based on the goods and the bids they receive. It's known as the "first mover advantage."
People who want to buy should check the GeM website for the most up-to-date information. The exact amount changes though every so often.
Process of Depositing Caution Money
If you want to put alert money on GeM, do these things:
To get to the GeM page, do what you said.
Go to "My Account" and then "Deposit Caution Money."
Choose the right amount for your company.
You can pay for it with Net Banking, UPI, or any other way that works.
You'll be able to bid on things after the money clears.
Benefits of Caution Money in GeM
Caution money isn't just a deposit to protect the buyer; it also helps the seller in a number of ways, such as:
People who work for the government think that buyers who put down a deposit are more serious and safe.
It lowers the chance of failure because only sellers you can trust can join. This makes it less likely that an order will be cancelled or not paid for.
The gem portal is fair since people can't cheat by taking part. This makes the bids seem more real and tough.
The government saves time and money by knowing that sellers on the list can fill orders.
Caution Money vs. Earnest Money Deposit (EMD)
People often mix up Earnest Money Deposit (EMD) and Caveat Money when they buy something. They both make money, but they are not at all the same:
Explain
Be careful with your money.
Earnest Money Deposit (EMD)
Reason
In general, safety for taking part
To keep some bids safe
Getting your money back
Can't be sent back very often.
If your bid doesn't win, you can get your money back.
Being Able to Use
This is what everyone who sells GeM needs to do.
They had to take part in a way that was unique to the offer.
How to Pay
You can pay on the GeM page.
put down as the bid asked for
People can spend their money more wisely if they know the difference.
Common Issues and Solutions Regarding Caution Money
It can be hard for some buyers to put down safety money, but it's important to do so. What goes wrong and how to fix it:
The payment didn't go through. If it doesn't go through, try a different way to pay or call your bank.
Someone chose the wrong amount. When you send money, make sure it's the right kind.
After making payment, the account didn't change. You can either wait 24 to 48 hours or get in touch with GeM help to set up a payment plan.
Ask for Your Money Back: Read GeM's rules carefully before you pay if you want to get your safety money back.
GeM Policies Related to Caution Money
GeM has strict rules about fear money to make sure everything is okay. These rules are very important:
What Will Happen If the Rules Are Broken? It's not possible to get the safety money back if it turns out that the seller broke the deal by, say, not giving something or lying about it.
Review and Updates: The GeM changes the caution money scheme from time to time based on what buyers say and how the market is doing.
People who want to sell can't bid until they put down the deposit money.
FAQs on Caution Money in GeM
Q1: Can I bid on things without putting money down first?
You don't have to pay Caution Money to bid on GeM Work.
Q2. Is it possible to get my security fee back?
Most of the time, no. Officials from GeM may, however, explain returns very rarely.
Q3.What will happen if I forget to put my watch money down?
You can't bid on things or help buy them without putting down safety money.
Q4: How often do I need to put money down before I play?
GeM rules say that the purchase can only be made once, but it can be changed.
5. Can I change the amount of cash I have on hand to protect my cash?
The caution money and the earnest money deposit (EMD) are not the same thing.
Conclusion
A big part of making sure the government uses money in an open, honest, and trustworthy way is giving money to GeM. It protects buyers and makes sure sellers are truthful. They have to pay for it, but it helps their business and gets them better deals from the government. Buyers should remember to check for new GeM tips so that they follow the rules and make smart trades. If a company knows what caution money is and why it's important, they can use the GeM tool better and do more business with the government. For more details visit : https://bidhelp.co/
0 notes
esolutionsnsp · 3 months ago
Text
eSolutions Digital: Your Destination for Buying Digital Signature Certificates Discover the easiest way to buy a digital signature certificate with eSolutions Digital. Whether it's for income tax filing, GST registration, or e-tendering, our Class 3 DSCs are designed to meet your needs. Enjoy paperless, secure, and fast services with India's leading DSC provider.
1 note · View note
bidzprofessional · 3 months ago
Text
Best GeM Portal Retainership Consultant in Delhi NCR
The Government e-Marketplace (GeM) is an online platform for businesses to engage with government procurement. GeM portal provides the best opportunity for vendors to list their products and services to the government e-marketplace. GeM portal helps many businesses to sell their product and services to government agencies but navigating this platform can be challenging for many businesses who are new to government procurement. This is where GeM portal retainership consultants are the best choice for any business. In Delhi NCR, the demand for reliable GeM consultants is increasing. GeM retainership consultants can guide you through the entire process. GeM retainership consultants help you with your product listing and increase the chances of government contracts on the gem portal.
Tumblr media
GeM Portal Retainership Services
A reliable GeM retainership consultant provides many services from the registration process to Customer Support.
Registration and Documentation: If you hire the best gem portal retainership consultant then they will help with your vendor registration process on gem, they will guide you on which documents are required for the registration process and ensure all required documents are in order.
Product Listing: Gem retainership consultants help with product listing on gem and they guide you in creating effective product listings that will best for GeM portal standards and increase the visibility of your products.
Bid Management: If you want guidance on bid management then gem portal retainership expert is the best choice for you. They will advise you on how to bid for tenders, manage submissions and improve your tender approval rate on the government e-marketplace.
Compliance services: GeM portal retainership consultants always make sure your business remains compliant with all GeM regulations and rules.
Customer Support: If you have any query or any issues related to gem portal then a retainership consultant provides the best customer support services and updates for the government e-marketplace.
Tender Support: The consultant provides you with tender support on the gem portal. Retainership consultants monitor government tenders on GeM and send you alerts for relevant tenders 
Pricing Guidance: Professional GeM retainership consultant advises you on competitive pricing strategies and guides you on how to adjust prices based on market conditions and competitors.
Hire GeM portal retainership consultant
Hiring the best GeM portal retainership consultant in Delhi NCR is an important decision for your business and navigation on the gem portal. This is the main reason for your business's success in the government marketplace. With the help of gem retainership services, you can save so much time and effort for your business. Contact the GeM portal consultant for retainership in Delhi If you are new to the gem portal. Consultant help for your product listings, and bid management on government e-marketplace.
Conclusion
Bidz professional is one of the best professional gem retainership consultants in Delhi. With the help of bidz professional, you can easily compete on the gem portal for bid participation and tender approval. They will guide you through the entire process very easily which will help you for your business growth and success in the government e-marketplace.
0 notes
picfac · 8 months ago
Text
Professional and Affordable shoots by The Picture factory in Delhi  
Tumblr media
Introduction of The Picture Factory
Welcome to The Picture Factory, where we specialize in providing top-notch photography service for weddings, products, models, e-commerce, and location shoots. With a team of experienced professionals and state-of-the-art equipment, we tailor our services to meet the unique needs of each client. Whether you are looking for stunning wedding photos, captivating product images, dynamic shots of models, compelling e-commerce visuals, or authentic location shoots, The Picture Factory is here to bring your vision to life. Join us as we explore the reasons why choosing The Picture Factory for your photography needs is the best decision you can make.
The Picture Factory: A Versatile Photography Studio
At The Picture Factory, we pride ourselves on being a versatile photography service that caters to a wide range of photography needs. Whether you're looking for wedding, product, model, e-commerce, or location shoot services, we've got you covered!
Experienced and Professional Team
Our team consists of experienced and professional photographers who are dedicated to capturing stunning images that exceed your expectations. With a keen eye for detail and a passion for creativity, we ensure that your photos truly shine.
State-of-the-Art Equipment
We believe that top-notch equipment is essential for producing high-quality photographs. That's why we invest in state-of-the-art cameras, lighting, and editing tools to ensure that your images are nothing short of spectacular.
Tailored Services for Various Photography Needs
At The Picture Factory, we understand that every client is unique, and their photography service needs vary. That's why we offer tailored services to meet your specific requirements, whether it's for a wedding, product shoot, model portfolio, e-commerce listing, or location photoshoot.
Customized Packages for Every Client
We believe in offering customized photography packages that suit your budget and preferences. Whether you're looking for a comprehensive package or a specific photography services, we have options to cater to your needs.
Flexible Scheduling Options
We understand that schedules can be tight, especially when planning a wedding or organizing a product shoot. That's why we provide flexible scheduling options to accommodate your timeline and ensure a smooth and stress-free photography experience.
Expertise in Wedding Photography
When it comes to capturing one of the most important days of your life, trust The Picture Factory to deliver exceptional Pre-wedding photography services.
Capturing Precious Moments
Our team specializes in capturing the emotions, joy, and beauty of your wedding day. From the tender moments to the laughter-filled celebrations, we ensure that every precious moment is immortalized in stunning photographs.
Creating Timeless Wedding Albums
We don't just take photos; we create timeless Pre-wedding photography albums that tell the story of your special day. Our expert editing and album design ensure that you have a cherished keepsake to relive your wedding day for years to come.
Elevating Product Photography with The Picture Factory
When it comes to showcasing your products in the best light, look no further than The Picture Factory. Our expertise in product photography can elevate your brand and attract customers with captivating visuals.
Enhancing Product Branding
We understand the importance of visual branding in today's competitive market. Our product photography service are tailored to enhance your brand identity and create a lasting impression on your target audience.
Showcasing Products in the Best Light
From lighting techniques to composition, we know how to showcase your products in the best possible way. Our attention to detail and creative approach ensure that your products stand out and grab the attention of potential customers.
Capturing the Essence of Models with Precision
Pose Direction and Styling Guidance
At The Picture Factory, we're all about helping models strike the perfect pose and look their best. Our team provides expert direction and styling guidance to ensure that every shot captures the essence of the model with precision.
Highlighting Unique Features and Personalities
Every model is unique, and we make sure to highlight those special features and personalities in our photographs. From showcasing a killer smile to capturing a fierce gaze, we aim to bring out the best in every model we work with.
E-Commerce Photography: Enhancing Your Online Presence
Optimizing Images for Online Platforms
In the digital age, having strong visuals is key to success. Our e-commerce photography services focus on optimizing images for online platforms, ensuring that your products look their best and stand out from the competition.
Increasing Sales with Compelling Visuals
Compelling visuals can make a world of difference in driving sales. Our team at The Picture Factory creates stunning images that grab attention and entice customers to make a purchase, helping you boost your online presence and increase sales.
Location Shoots: Immersive and Authentic Photography Experience
Scenic Locations for Unique Backdrops
Looking for a unique backdrop for your photoshoot? Our location shoots take advantage of scenic spots to provide stunning and one-of-a-kind backgrounds that add depth and interest to your images.
Capturing the Ambiance of Different Settings
Each location has its own ambiance and charm, and we love capturing the essence of different settings in our photos. Whether it's a bustling city street or a serene natural landscape, our photographers excel at creating immersive and authentic photography experiences.
Closing Thoughts
Choosing The Picture Factory for your wedding, product, model, e-commerce, or location shoot is not just about capturing moments but about creating lasting memories and impactful visuals. Our dedication to quality, attention to detail, and passion for storytelling set us apart in the world of photography service. Let us be your trusted partner in capturing the essence of your special occasions, products, models, online presence, and unique locations. Contact us today and experience the difference that The Picture Factory can make in bringing your vision to life through the lens of our expert photographers.
0 notes
dscdelhi · 9 months ago
Text
Digital Signature In Delhi
Tumblr media
Digital Signature Online In Delhi
What is a Digital Signature Certificate?
Digital Signature Certificates (DSC) are the digital equivalent of physical or paper certificates. Examples of physical certificates are drivers' licenses, passports or membership cards. Certificates serve as a proof of identity of an individual for a certain purpose; for example, a driver's license identifies someone who can legally drive in a particular country. Likewise, a digital certificate can be presented electronically to prove your identity, to access information or services on the Internet or to sign certain documents digitally.
Why is Digital Signature Certificate (DSC) required?
Like physical documents are signed manually, electronic documents, for example e-forms are required to be signed digitally using a Digital Signature Certificate. Transactions that are done using Internet if signed using a Digital Signature certicate becomes legally valid.
Who issues the Digital Signature Certificate?
Tumblr media
A licensed Certifying Authority (CA) issues the digital signature. Certifying Authority (CA) means a person who has been granted a license to issue a digital signature certificate under Section 24 of the Indian IT-Act 2000.
What type of Digital Signature Certificate (DSC) is to be obtained for eSigning and Authentication on the eTendering Portal?
DSC of Class 3 category issued by a licensed Certifying Authority (CA) needs to be obtained for e-filing on the e-Tendering Portal. Class 3 DSC is the highest level where the person needs to present himself or herself in front of a Registration Authority (RA) and prove his/ her identity.
What are the legal status of a Digital Signature?
Digital Signatures are legally admissible in a Court of Law, as provided under the provisions of IT Act.
The Information Technology Act, 2000 provides the legislative backup to the digital signatures based on asymmetric cryptosystems.
Office of Controller of Certifying Authorities (CCA) is the Regulatory Authority in India that regulates issue and sues Certificate only to Certifying Authorities(CAs). Information Technology Act has established the Controller of Certifying Authorities(CCA) to license and regulate the working of Certifying Authorities. The Certifying Authorities (CAs) issue digital signature certificates for electronic authentication of users.
The Controller of Certifying Authorities (CCA) has established the Root Certifying Authority (RCAI) of India under the IT Act to digitally sign the public keys of Certifying Authorities (CA) in the country. The CCA certifies the public keys of CAs using its own private key, which enables users in the cyberspace to verify that a given certificate is issued by a licensed CA. The CCA also maintains the Repository of Digital Certificates, which contains all the certificates issued to the CAs in the country.
What Documents Required for DSC Registration Online?
Tumblr media
Below is the category wise list of documents required for obtaining Online Digital Signature Certificate:
Individuals: To apply for a DSC online in India, individuals must provide documents such as PAN card, proof of identity like driver's license and address verification (e.g., Aadhar card). Organizations: Indian organizations must provide documents like PAN card for the company, the original partnership deed (if applicable), and proof of authorized signatories. Requirements may vary based on the type of entity. Foreign Persons and Organizations: Foreign applicants require documents such as a passport, copy of visa and residence permit certificate (if in India), and government-issued address proof.
Digital Signature vs Electronic Signature Electronic signatures, commonly referred to as e-signatures, are a broad set of solutions that use an electronic process for accepting a document or transaction with a signature. As documents and communication are increasingly paperless, businesses and consumers worldwide have embraced the speed and convenience of these types of signatures. But there are many different types of electronic signatures, each allowing users to sign documents digitally and offering some degree of identity authentication.
Digital signatures are one of those electronic signature technologies and are the most secure type available. Digital signatures use PKI certificates from a Certificate Authority (CA), a type of Trust Service Provider, to ensure identity authentication and document integrity by encrypted binding of the signature to the document. Other, less secure e-signature types may use common electronic authentication methods to verify the signer’s identity, such as an email address, a corporate username/ID, or a phone number or PIN.
Tumblr media
How Do Digital Signatures Work? Digital signatures use public key infrastructure (PKI), which is considered the top most standard for digital identity authentication and encryption. PKI relies upon the use of two related keys, a public key and a private key, that together create a key pair to encrypt and decrypt a message using strong public key cryptography algorithms. Using both public and private keys that are generated using a mathematical algorithm to provide the signer with their own digital identity, a digital signature is generated and encrypted using that signer’s private key, and also a timestamp of when the document was signed using the key.
The process to create a digital signature is easy and straightforward for the average user and for enterprises to adopt. You first need a digital signing certificate, which can be acquired through a trusted Certificate Authority like Capricorn. After downloading and installing the certificate, you simply use the digital signing function of the appropriate document platform or application. For example, most email applications provide a “Digitally Sign” button to digitally sign your emails.
Tumblr media
Digital signature technology requires all involved parties to trust that the individual creating the signature has been able to keep their own private key secret. If someone else has access to the signer's private key, that party could create fraudulent digital signatures in the name of the private key holder.
What happens if either the sender or receiver change the file after it has been digitally signed? As the hash value for the file is unique, any change to the file creates a different hash value. As a result, when the receiver’s computer compares the hash to validate the integrity of the data, the difference in the hash values would reveal the file had been altered. Thus, the digital signature would be shown as invalid. Why Are They Important? As more business is conducted online, agreements and transactions that were once signed on paper and delivered physically are now being replaced with fully digital documents and workflows. whenever valuable or sensitive data is shared, malicious person who want to steal or manipulate that information for their own gain are ever-present. Businesses must be able to verify and authenticate that these critical business documents, data, and communications are trusted and delivered securely to reduce the risk of document tampering by malicious parties.
In addition, the signature is portable as it is incorporated in the file itself, wherever it is transmitted and on whatever device. Digitally signed documents are also easy to control and keep track of by providing the status of all documents, identifying whether or not they’ve been signed, and viewing an audit trail.
Buy Digital Signature Certificate from DSC DELHI in Laxmi Nagar Delhi, at very low price. We are the best dsc provider in Delhi. We have quite long experience in dsc services, This gives us diverse experience in meeting people of different designations in different industries. by availing dsc you can initiate participation in government e-tendering, e-auction, e-bidding, irctc tender, ITR, GST, New Company Registration, Foreign Trade, Provident fund, etc. in corporate world dsc are essential for signing contracts, agreements, financial transactions, Digital signature help individual establish trust in online interactions with the governments and organizations. it is very safe and secure due to its encryption technique . no data or documents could be tampered or forged. contact us today and get your digital signature right away to your doorstep.
1 note · View note
gemserviceprovider · 17 days ago
Text
How Can TendersOnTime Assist You with GeM Tender Registration?
Tumblr media
Government e-marketplace (GeM) is an online platform that allows businesses to sell their products and services directly to government buyers. While registering on GeM can open doors to substantial business opportunities, the process can sometimes feel complicated. That's where a GeM registration consultant can help make things easy and hassle-free.
Why Do You Need GeM Tender Registration?
Registering on GeM allows businesses to bid for government tenders, gain credibility, and expand their market reach. However, the process involves several steps, including document verification, profile creation, and bid submission. Without proper guidance, businesses may face delays or errors in registration, which is why many companies prefer working with a GeM Consultant in Mumbai, who ensures a smooth and error-free registration process.
How a GeM Registration Consultant Can Help
A GeM registration consultant provides expert guidance to make the registration and bidding process simple. Here's how they assist:
Easy Registration: They handle the entire GeM tender registration process, ensuring all steps are completed correctly.
Document Assistance: Helps in preparing and uploading the required documents without any errors.
Profile Optimization: Ensures your business profile is well-structured for better visibility on the GeM portal.
Bid Support: Guides businesses on how to place competitive bids to increase their chances of winning government tenders.
Ongoing Assistance: Provides continuous GeM Tender Support Service, ensuring compliance with government guidelines.
By hiring a GeM Consultant in Mumbai, businesses can avoid unnecessary complications and focus on expanding their operations.
Benefits of GeM Tender Support Services
With the right GeM Tender Support Service, businesses can enjoy:
Faster Registration: Avoid delays with expert handling of the registration process.
Higher Success Rate: Proper bid submission guidance improves the chances of securing government contracts.
Time & Effort Saving: No need to worry about technical issues let the experts handle everything.
Compliance Assurance: Ensures that your business meets all government requirements for tender participation.
Why Choose TendersOnTime?
If you're looking for a trusted GeM Consultant in Mumbai, TendersOnTime is here to help. Our team of experts specializes in GeM tender registration and GeM Tender Support Services, making the process smooth and stress-free. Whether you're a startup or an established business, we provide complete guidance from registration to successful bidding.
Get Started Today
Don't miss out on the opportunity to grow your business with government tenders. Get professional assistance for GeM tender registration from TendersOnTime and start bidding confidently. Contact us today and take the first step towards success.
TendersOnTime is here to assist you. We provide end-to-end GeM registration services, tender consultation, and bidding support to help your business successfully win government tenders.TendersOnTime is a trusted GeM consultant, providing expert guidance in major areas like Mumbai, Pune, Maharashtra, Kolkata, Chennai, Delhi, and Bengaluru. We help businesses navigate the GeM registration and tendering process with ease. Visit Us or contact us today and take your business to the next level.
0 notes
laurianneshowall · 2 years ago
Text
Indian-Canadian businessman Ram Tumuluri fails to raise funds for India buses deal
The  Mumbai authority fears that  Ram Tumuluri may defraud his investors and business partners as Causis does not have a manufacturing or technical capabilities and his German partner, an alleged KGB / FSB agent has no track record in electrical vehicles.
Tumblr media
A UK and European electrical vehicles partnership company is struggling to raise funds of around $8 billion to implement an Rs. 2,800-crore electric  buses deal with the  Mumbai authorities, Indian govt sources told a US publication.
The American Daily Post reported that Indian-Canadian businessman Sri  Ram Tumuluri’s England & Wales registered Causis Group Ltd won in October 2021 a tender for supplying The Brihanmumbai Electric Supply and Transport (BEST) with 1,400 electric vehicles but nearly two years later the company is struggling to raise funds and the whole deal is under threat, according to Indian sources familiar with the backdoor discussions around the deal.
UK-based Causis is wholly owned by Tumuluri. Its operating entity is India-registered Causis E-Mobility Pvt Ltd. While on paper it is owned by its directors Marudur Subramanyam Chandrasekar and Ravi Kumar Panga, Causis E-Mobility is in reality controlled by Tumuluri, said the Post.
An Indian government source told The American Daily website: “Causis is using the Memorandum of Understanding (MoU) with Maharashtra Government as a security but banks are demanding sovereign guarantee from the state government, which has not been approved by the government. Causis is struggling to arrange debt and their efforts are ongoing but it is evident Causis has so far failed to find any credible lenders. On paper, there are lots of promises but there is zero delivery so far.”
A source at Causis E-Mobility Pvt Ltd said that  Ram Tumuluri has personally invested in his new Electrical Vehicles (EV) venture Causis and is looking for funding but so far his efforts have not succeeded.
The  Mumbai authority fears that  Ram Tumuluri may defraud his investors and business partners as Causis does not have a manufacturing or technical capabilities and his German partner, an alleged KGB / FSB agent has no track record in electrical vehicles.
Ram Tumuluri lives often in UK’s Sunningdale area in Ascot in a six-bedroom detached house purchased by his wife Sonya Sarah Tumuluri on 25 February 2021 for £2,550,000 with a mortgage with West One Loan Limited, said the paper.
In 2021, Tumuluri entered the electric vehicle (“EV”) sector in the UK, India, and Germany using the brand Causis. Tumuluri is heavily involved in its fund-raising activities and is looking to raise $6-8 billion in India through Causis E-Mobility which was incorporated on 04 June 2021 in New Delhi, India, under company number U34102DL2021PTC381936. Its statutory Directors and Shareholders are Marudur Subramanyam Chandrasekar and Ravi Kumar Panga.
Causis executives told Indian news outlet The Economic Times that through its impact investment fund, the company is looking for an investment of $ 6-8 billion in India with 30% of it coming from equity funding and the rest through debt financing locally. They also said the company has already invested around Rs 300 crore in India towards the acquisition of a bus body manufacturer in  Jaipur and a 75-acre plot near Pune for its second plant.
Causis is using the MoU with Maharashtra Government as a security, but banks are demanding sovereign guarantees from the state government, which has not been approved by the government. This is the biggest obstacle Causis is facing, according to government insiders, the American Daily Post reported.
According to an article by Indian news outlet The Indian Express, Causis won a tender for supplying The Brihanmumbai Electric Supply and Transport (BEST) with 1,400 electric  buses. In October 2021, the Maharashtra state government, in the presence of environment minister Aaditya Thackeray and industry minister Subhash Desai, signed the contract for Rs 2,800 crore ($370,000).
Aaditya’s father is Maharashtra Chief Minister Uddhav Thackeray, who is also the Chief of Shiv Sena, a regional political party. Subhash Desai is described as “the Thackeray family loyalist” by the Indian press.
Maltese news outlet The Shift News reported Tumuluri’s Electrical Vehicles venture in an article titled “Ram Tumuluri suspected of replicating ‘fraudulent’ Malta VGH model in Mumbai” – a reference to a big health scare scandal in Malta.
Indian authorities have said they have asked Causis to update with the progress but received no response in three months. The deal stands to be annulled if the funding proofs are not provided to the Indian authorities soon, the Post said.
1 note · View note