#top financial consulting companies in faridabad

[wealthifyme]

What Are the Benefits of NFO as per a Mutual Fund Distributor in Faridabad?

Most people are not aware that new fund offerings (NFOs) can be a great way to start their mutual fund investment journey. This is where a mutual fund distributor in Faridabad steps in, helping investors understand why NFOs can be a valuable option. NFOs give investors a chance to invest in a new mutual fund at its initial offer price, typically ₹10 per unit, which can be a compelling entry point.

What is an NFO?

An NFO (New Fund Offer) is the first-time sale of units in a new mutual fund scheme by an asset management company (AMC). During the NFO period, the fund is offered to investors at a fixed price. After this initial period, the fund units can be bought or sold at the market-determined Net Asset Value (NAV).

Benefits of Investing in an NFO

Low Initial Investment Price: NFOs offer units at a fixed price, usually ₹10 per unit, allowing investors to buy more units initially. If the fund performs well, this can lead to higher returns over time. If you wish to know more, reach out to an AMFI registered mutual fund distributor in Faridabad, like WealthifyMe.

Potential for Growth: NFOs often focus on emerging sectors, giving investors a chance to participate in early-stage growth, which can lead to significant returns in the long run.

Portfolio Diversification: NFOs introduce unique strategies or sectors not available in existing funds, helping investors diversify their portfolios across different market segments.

Innovative Strategies: Many NFOs focus on trending sectors like technology or renewable energy, offering fresh opportunities that traditional funds may not.

Tailored Investment Solutions: NFOs are often designed to meet specific investor needs, and mutual fund distributors can help match the right NFOs to individual financial goals.

Professional Management: NFOs are managed by experienced fund managers who use their expertise to make the most of market opportunities.

Exposure to Untapped Markets: NFOs can target sectors or regions not covered by existing funds, offering investors new opportunities for growth.

Tax Benefits: Certain NFOs, such as ELSS, provide tax deductions under Section 80C, offering both investment growth and tax savings.

Conclusion

NFOs are a great investment option for people who wish to make the most of new opportunities in the market. While NFOs may not always guarantee immediate returns, they provide the potential for long-term growth, especially when aligned with emerging trends or niche sectors.

[acemindia]

Top College for MBA in Faridabad: Aravali College of Engineering and Management (ACEM)

When it comes to pursuing a Master of Business Administration (MBA), choosing the right institution is crucial for shaping your future career. For students in Faridabad, Aravali College of Engineering and Management (ACEM) stands out as one of the top colleges offering a comprehensive MBA program. Known for its industry-aligned curriculum, expert faculty, and excellent placement opportunities, ACEM is a top choice for students aiming to build a successful career in business management.

Why ACEM is the Top College for MBA in Faridabad

Diverse Specializations: At ACEM, we offer a variety of MBA specializations tailored to meet the evolving demands of industries. Students can choose from:

MBA in Marketing: Learn advanced strategies in consumer behavior, brand management, and digital marketing.

MBA in Finance: Master financial management, investment analysis, and corporate finance.

MBA in Human Resources (HR): Focus on organizational behavior, talent acquisition, and HR strategy.

MBA in Information Technology (IT): Understand the intersection of technology and business operations.

MBA in International Business: Equip yourself to manage businesses across borders with a global perspective.

Industry-Integrated Curriculum: ACEM’s MBA program is designed in partnership with industry professionals to ensure that students are prepared to meet real-world business challenges. With a blend of theoretical knowledge and practical case studies, students graduate ready to contribute to top organizations.

Exceptional Faculty: Our faculty is a blend of academic scholars and industry veterans, providing students with invaluable insights into the business world. They not only teach but also mentor students, helping them navigate their career paths effectively.

State-of-the-Art Campus: ACEM’s modern campus offers all the facilities necessary for a well-rounded educational experience. From smart classrooms to fully-equipped labs, the environment is conducive to both learning and professional growth.

Excellent Placement Record: ACEM takes pride in its strong Placement Cell, which works diligently to connect students with leading companies in various sectors. Our MBA graduates have secured roles in top organizations across industries like finance, IT, consulting, and marketing. Regular placement drives, workshops, and internships give our students an edge in the competitive job market.

Proximity to Delhi-NCR: Located in Greater Faridabad, ACEM offers the advantage of being close to the bustling Delhi-NCR region, a major business hub. This gives students greater exposure to industry events, internships, and networking opportunities with top companies.

Who Should Enroll in ACEM’s MBA Program?

Aspiring Business Leaders: Whether you're looking to start your own business or climb the corporate ladder, ACEM’s MBA equips you with the skills and confidence to excel.

Career Switchers: Our MBA program is perfect for those looking to transition into new roles or industries, with specializations that cater to various business domains.

Working Professionals: For those currently employed, our MBA offers opportunities to grow into leadership positions and expand your skill set.

Admission Details

Admissions are now open for the MBA program at ACEM. Candidates with a bachelor’s degree from a recognized university are eligible to apply. The selection process includes an evaluation of academic performance, group discussion, and a personal interview.

Join the Best MBA College in Faridabad Today!

Choosing Aravali College of Engineering and Management for your MBA can be your first step towards a promising career. With its industry-relevant programs, expert faculty, and strong placement network, ACEM ensures that you graduate as a business professional ready to tackle any challenge.

For More Information and Admissions Contact:

Website: acem.edu.in

Phone: 8527538785

Email: admissions@acem.edu.in

Campus Address: Near R-Zone, Jasana Tigaon Road, Greater Faridabad, Haryana, 121006, India

Transform your career with ACEM’s top-rated MBA program in Faridabad!

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Data Science Career Insights: Faridabad's Training Opportunities"

Introduction

Data science has emerged as a dynamic and high-demand field, with professionals in Faridabad playing a pivotal role in driving data-driven decision-making across industries. As the city continues to grow and embrace data analytics, the demand for skilled data scientists is on the rise. In this article, we will explore the data science career landscape in Faridabad and the training opportunities available to help individuals embark on a rewarding journey in this field.

1. The Significance of Data Science in Faridabad

Data science is transforming the way businesses and organizations operate in Faridabad. It plays a crucial role in areas such as:

Manufacturing: Data science helps optimize production processes, improve product quality, and reduce costs for Faridabad's manufacturing sector.

Healthcare: Hospitals and healthcare institutions use data science for patient data analysis, predictive diagnostics, and healthcare optimization.

Finance: Banks, insurance companies, and financial institutions rely on data science for risk assessment, fraud detection, and investment analysis.

E-commerce: E-commerce companies leverage data science to understand customer behavior, enhance marketing strategies, and manage inventory effectively.

2. Data Science Training Opportunities in Faridabad

Faridabad offers a range of training opportunities for aspiring data scientists:

Manav Rachna University: Manav Rachna University in Faridabad offers a Master of Science (M.Sc.) in Data Science program. This program equips students with advanced data science skills, including machine learning, data visualization, and big data analytics.

Online Learning Platforms: Reputable online platforms like Coursera, edX, and Udacity provide data science courses and specializations. These platforms offer flexibility, allowing individuals to learn at their own pace and from top universities and institutions worldwide.

Local Workshops and Bootcamps: Faridabad hosts local data science workshops and bootcamps that provide short-term, intensive training in data analysis tools and techniques. These programs are ideal for those looking to gain practical skills quickly.

3. Key Considerations When Pursuing Data Science Training

When selecting a data science course in faridabad program in Faridabad, consider the following factors:

Curriculum: Ensure the program covers essential data science concepts, programming languages (e.g., Python, R), machine learning, and data visualization.

Instructors: Assess the qualifications and experience of the instructors or trainers to ensure they are well-versed in data science.

Mode of Learning: Determine whether you prefer in-person classes, online courses, or a blended approach based on your learning style and schedule.

Duration: Consider the program's duration and how it fits into your career goals and timeline.

Cost: Evaluate the program fees and explore financial aid options or scholarships if available.

Practical Experience: Look for programs that offer hands-on experience through projects or case studies to apply your learning.

4. Career Prospects in Faridabad

Data science career prospects in Faridabad are promising. As the city's industries and businesses increasingly adopt data-driven strategies, data scientists are in high demand. Career opportunities include roles such as:

Data Analyst: Entry-level positions involving data collection, cleaning, and analysis to generate insights.

Data Scientist: Mid-level roles focused on developing machine learning models, data visualization, and advanced analytics.

Machine Learning Engineer: Specialists in machine learning algorithms and model deployment.

Data Science Manager: Leadership roles overseeing data science teams and strategies.

Consultant or Freelancer: Independent data science consultants or freelancers offering their expertise to organizations.

5. Building a Data Science Career in Faridabad

To succeed in a business analytics course in faridabad career in Faridabad, consider the following steps:

Education: Pursue relevant data science training programs or degrees to acquire the necessary skills and knowledge.

Portfolio: Create a portfolio of data science projects to showcase your practical skills and problem-solving abilities.

Networking: Attend local data science meetups, webinars, and conferences to connect with professionals in the field and stay updated on industry trends.

Continuous Learning: Commit to continuous learning by pursuing advanced courses, certifications, and staying current with industry tools and techniques.

Internships and Entry-Level Positions: Seek internships or entry-level positions to gain practical experience and establish a strong foundation in data science.

6. Industry Collaboration and Projects

Collaboration between educational institutions and local industries can offer valuable opportunities for data science students in Faridabad. Look for programs or courses that involve industry partnerships or real-world projects. These experiences not only provide practical exposure but also enhance your resume and network with potential employers.

7. Internship and Job Placement Assistance

Some data science training programs in Faridabad may offer internship opportunities or job placement assistance. These initiatives can be invaluable in helping you secure your first job in the field or transition to a new data science role. Inquire about the program's track record in job placements.

8. Specializations and Focus Areas

Data science encompasses a broad range of skills and applications. Consider your specific interests within data science, such as machine learning, natural language processing, or data engineering. Look for programs that offer specializations or elective courses in your preferred area to tailor your education to your career goals.

9. Soft Skills Development

In addition to technical skills, data scientists need strong soft skills such as communication, problem-solving, and teamwork. Seek training programs that incorporate opportunities to develop these skills, as they are crucial for success in a data science career.

10. Stay Updated with Industry Trends

Data science is a rapidly evolving field. Even after completing your initial training, make a commitment to stay updated with the latest industry trends, tools, and techniques. Attend conferences, webinars, and workshops to continue your professional development.

Conclusion

Data science training opportunities in Faridabad are abundant and offer a pathway to a promising and rewarding career. By carefully selecting a program that aligns with your goals, providing hands-on experience, and staying engaged with the local data science community, you can position yourself for success in this dynamic field. As data science continues to play a pivotal role in shaping industries and driving innovation, your expertise will be instrumental in contributing to Faridabad's growth and your own professional advancement.

Source link : What are the Best IT Companies in Faridabad

[pcmantra]

What will Be The Best residential Location In Noida in 2022

Noida is among the most significant zones in The National Capital Region or NCR. There are many top homes within Noida and it is rapidly becoming a real property haven for both buyers as well as sellers. Find out Real estate consultant company in Noida and they will help you out .The excellent urban infrastructure, and the lush greenery that surrounds it, including health facilities with plenty of medical facilities and multiplexes, schools, malls, colleges, universities and shopping malls, along with an excellent network makes it the ideal place to buy a home located in Noida.

If you don't find authentic properties, and sellers are working, it is difficult to choose the right one for you. You can contact Pc Mantra and seek out assistance to locate the right one for you, and then get settled there. There are typically real brokers and buyers, who aid buyers in their search for the ideal home in Noida in prime areas. Noida also known as New Okhla industrial development authority is an area of state Uttar Pradesh. The city is a distinct administrative zone, which functions as a distinct district. It covers 203.16 square kilometers and has an excellent connection to Delhi. Nearly 50% of the half million inhabitants regularly travel to Delhi in totality to work.

If you're looking to purchase flats in Noida and you are interested, be aware that some of the best-known builders in the nation have selected Noida as the site to construct their highly regarded residential and commercial projects. You will find most luxurious projects that provide an array of modern amenities as well as an opportunity to enjoy a modern, urban lifestyle.

6 Most Accessible Residential Locations In Noida In 2022

Many people choose to purchase apartments in Noida because it is a great area. They can ensure that their family is content and live living life to the fullest. They can be reached and find some excellent details about the property, and where you can feel at ease moving together with the family. The main thing to note about the city is that it has a fantastic position, since it is situated near Ghaziabad, Delhi, and Faridabad. It's also an element of the state's advancing development of 13500 acres, and up to now, 1200 acres have been developed.

Sector-150 Noida:Being situated on the Noida Greater Noida Expressway. The most desirable property located in Noida in Sector 150 is available to those seeking an independent home within Noida. It is the most sought-after hotspot for investors and homebuyers. Social infrastructure includes parks as well as recreation areas. In terms of connectivity, the locality lies around the Yamuna Expressway, Eastern Peripheral Expressway, and Faridabad-Noida-Ghaziabad (FNG) Expressway. It provides great access to other areas through buses, metro, and private cabs. Since the launch in the Aqua metro line (the closest station is situated within a distance of 2 kilometers). The need to purchase an independent house to buy within Noida has increased by a significant amount.. The major developers operating in Sector 150 are Omaxe, ATS Group, Godrej and Bhutani. Best project among these is Godrej Nurture Sector 150 Noida Furthermore the presence of well-known schools, corporate offices and the F1 racing track makes the area a good choice for investing. The current average cost of a property in Sector 150 of Noida is about Rs 5,300-6,000per square foot.

Noida Expressway (Sector-142-149):- When we discuss real estate properties. Sectors 142 and 149 are both highly sought-after for apartments or flats that are available for sale within Noida. These are also considered to be among the most tranquil and fast emerging micro-markets which link Greater Noida to other areas of Delhi through Noida Expressway. Noida Expressway. Real estate experts and consumers attach great importance to the area because it is the center of many financial and IT companies such as Global Logic, Indiamart, Xaviant, NTT Data, and other institutions such as Amity.

The Aqua Line Metro extension has increased the need for independent homes for sale located in Noida and homes in Noida as well. The sector is a good investment opportunity. State government officials are looking into ways to create an economic hub along similar lines to Gujarat International Finance Tec-City (GIFT) between sectors 142 and 149. When it's operational the investors could make a substantial rental income from this location in the near future.

4. Sector 118-122, Noida: It is near its location close to the FNG Expressway as well as NH-24. The area between Sector 118 and 122, Noida is emerging as an investment option due to the presence of numerous new residential developments and this also gives you the possibility of finding the top property available in Noida. It was once thought to be an isolated area and a place to live in, now it offers the option of ready-to-move-in and under-construction high-end residential developments for the middle segment to the luxury category. Kothi for sale in the Noida sector has 3, or 4 BHK homes located in Noida along with numerous suitable residential properties. The close proximity to Sector-62, the IT Business Park in Sector-62 in which companies such as TCS, IBM, Nokia, Tech Mahindra, and HCL are operating, is making it a popular spot. There are also various other options for entertainment, such as Logix City Centre, Gaur City Mall, and more. The state government's approval for the Noida Greater Noida West Metro development plan as well as the speed of implementation has resulted in this area becoming a top location. The entire expansion is anticipated to be completed in 2022. It has also boosted the real estate market throughout Noida as well as Noida Extension.

Central Noida (Sector-74-78) Central Noida (Sector-74-78) Central Noida (Sector-74-78):By providing a variety of high-end to ultra-luxury homes within Noida, this patch is thought to be the most urbanized zone in Noida. The focus of developers on spacious, well-ventilated and spacious apartments is attracting investors and has increased the need of an independent house to buy within Noida in recent years. Another important reason for growth is the existence of Noida City Centre, Noida Special Economic Zone (NSEZ) and a commercial hub in Sectors 50, 51, and 34. These are creating employment opportunities for working professionals.

Affordable Housing Opportunities in Noida Extension In 2022

The price in Noida is ranging from 3000-4500 dollars per Sqft. The price is contingent on the state of construction as well as other aspects such as the location and amenities. You can find a decent 2 BHK house in Noida starting at 40 Lacs up to.

3 BHK Apartments in Noida starting at 50- 55 Lakh from now onwards.

4 BHK Apartments in Noida between 90 and 95 Lakh up to.

Reasonable and reasonable rates and a strong competition to the top residential areas of Delhi NCR makes it a desirable choice. These types of amenities are difficult to find at the present time. It is possible to utilize the Pc Mantra site to search for the most affordable deals for you.

Growing Job Opportunities In Noida 2022

With the current economic climate there is a wide range of opportunities for employment for those who want to work in Noida Extension. Many ITES and IT companies are moving into the city, and numerous large firms are opening their doors too. This has led to an increase in the number of jobs and demand for residential homes in the area. Following the completion of Jewar Airport, all the MNCs will have the option to move to the city and boost job opportunities. On the other hand, there's an information park in downtown's West along with The Formula 1 track on Yamuna Expressway has drawn lots of attention from investors and buyers.

Return on Investment In Noida Real Estate

Greater Noida West city is expected to provide a good ROI, based on the type of changes taking place in the area. At present, there is a substantial variation in the cost of living in the cities that are adjacent. But, thanks to the recommended infrastructure and government initiatives, the gap will be reduced dramatically over the next couple of years. It could be the perfect time to buy a home to invest in Greater Noida West as the cost of real estate market will increase in the near future.

Noida Is Best For Business and Economy In 2022

It has seen rapid expansion in the infrastructure of Noida over the last two decades. Today, it is determined to be the educational and software capital in north India. It is highly praised by its business community. In particular, the majority of the business sector is focused on the IT, software and manufacturing sectors. There is a substantial part for the ever-growing BPOs as well as a huge amount in MNCs (Multinational companies) are now located within the cities.

There are a few of the most well-known firms that are active in the growth of all industries and contribute to the development of the city. This includes

HCL

Gas Authority of India Limited

Tata Powers

Samsung

Religare

Dell

IBM

Ericsson

Indian Oil Corporation

Tech Mahindra

Headstrong

Adobe

Wipro

Accenture

T-series

New Holland

Perot Systems

NTPC etc.

If someone is looking to purchase a home in a desirable area but isn't sure about the search for a quality property. PC MantraIt is an internet-based platform on which buyers, sellers and Reputed brokers meet. They encourage fair dealing and provide discounts for buyers. Additionally If you're looking to sell your home, then you have the option of selling it. place your free advertising On this website,

Thank you for taking time to read this piece of content.

[settlersindia]

Ideal Realty Agent in Gurgaon

Real Estate Representative Gurgaon

Gurgaon is the Centuries city became one of the financially rewarding destinations genuine estate investments by realtor Gurgaon adhered to by Noida, Faridabad, Delhi & Jaipur. Gurgaon has actually been seen unprecedented development in previous few years it is unfolded with great deals of opportunities as a result of carry connectivity, schedule of social framework consisting of institutions, colleges, health centers, presence of employment. But rate is one of the most crucial part while considering investment in realty. Yet as a result of City constructions resulted in raise in costs of neighboring residential property. Investors have uneasiness before investing in real estate residential properties, yet if you are looking a finest real estate representative Gurgaon for function of getting info concerning realty investment, rois, buying commercial space, rental fee or lease and so forth.

After that, browse through settlersindia.com for comprehensive real estate services focussing on Gurgaon & New Delhi. Settlers India has been developed in year 1998 is a group of very devoted professional have actually offered several corporates & individuals come to our website, choose the home builder, a city and the device of their choice, and we aid our consumers to acquire brand-new residential or commercial properties from us. Every Representative, who is planning to submit an application with the Gurgaon RERA Authority to end up being a representative, is required to obtain signed up with Collectors office as Property Suppliers under the Haryana Guidelines on Regulating Estate Dealers and also Professionals, 2009. We are the authorised residential property agent Gurgaon having lock up of the India's most significant programmers and also numerous various other such prominent builders.

Residential Or Commercial Property Dealer Gurgaon

Are you looking an ideal property agent Gurgaon deal full options in property varying from offering consulting services connected to property remedies for individual as well as corporate clients? Click Here:-Builder Floors Delhi Settlers India is the very best property supplier Gurgaon was running in NCR, Gurgaon & across numerous cities of India handle various series of residential property demands, Kothi on Sale purchase in the secondary market as well as renting out or renting of homes. We make every effort to place honest initiatives in assisting our clients in entry of registration cost, booking & completing the entire record relevant treatments. Home on Lease. Locate brand-new apartment or condos for lease from landlords and also apartment available for sale by building management companies in metro area like Gurgaon. Utilize our search function to limit your standards. Settlers India is a real estate system, below we will certainly help you to list your residential or commercial property free, acquire brand-new residential properties from us, additionally we must assist our clients to rent out along with sell them is property markets. The firm is committed to supplying top quality professional services to its clients/customers in selling/buying realty properties or home on rent in Gurgaon and bordering locations. Get in touch with us Currently. Find out more

[mahenderkhandelwal]

Bhushan Power and Steel Insolvency Professionals Mahender Khandelwal

I am Mahender Khandelwal is a registered insolvency and Chartered Accountant professional. Senior management and financial professional with wide experience spanning over 30 years in entire continuum of structuring, financing through debt and equity instruments. Management and turnaround of Special situations and Insolvency across wide spectrum of industries. Led Restructuring and Resolution of a large corporates (100+) across various sectors viz. Iron and Steel, Stainless Steel and utensils, System Packaging, Forging Industry, Pharma, Hotels, NBFC, Rice and Food Processing, Fertilizers, Biodiesel, Edible Oils, Biomass, Solar Panels, Power and Infrastructure, Textile, Education, Auto Component, Polymers, Electric Appliances, Plywood, Construction and Real Estate. Started BRS practice in BDO & PWC as Leader & Partner successfully resolved 20 plus cases in Insolvency under my leadership ranging fromm 200 crores to 50,000 crores.

 Prior to that I was running my Boutique Consultancy firm in the name of Varrenyam Consultants Pvt Ltd.

  MONITORING PROFESSIONAL

Bhushan Power and Steel Limited.

Jul 2017 – Mar 2021

3 years

 BPSL is the among first dirty dozen cases referred by lenders to insolvency. The company have a borrowing of more than 47000 crores from over 35 lenders. There has been an all-round growth and complete turnaround in the operations of the company since the commencement of CIRP. When RP took control over BPSL, capacity utilization was meagre 47% with production level of 82,000 MT per month and EBITDA loss. Due to combination of proactive CoC and decisions taken by the RP for enhancement of capacity utilization. During CIRP period production had increased to 200,000 MT and the company generated EBITDA of more than 4000 crores. Moreover, the company under the leadership of the RP/MP was able to reduce the statutory and worker liabilities besides improving working capital levels. The RP/MP further ensured smooth operations while managing 15,000 employees across 9 locations and provided increments to the employees. Some of the incomplete projects were completed by incurring additional CAPEX with COC approval. On the date of implementation there was working capital of more than 7500 crores in cash balance of around 2500 crores. During CIRP Period RP have handled enquiries/investigations from Regulatory Authorities i.e. SFIO, CBI, ED and GST for pre CIRP period including closing of draft forensic audit conducted during pre CIRP period including closing of draft forensic audit report conducted during pre CIRP period. Due to turnaround and enhanced operations, Resolution applicants improved their bid amount from initial12,000 crores to 19,800 crores and JSW successfully implemented the resolution plan and taken over control of BPSL. The Financial creditors have recovered around 42 percent of their dues in BPSL resolution.

  Corporate Insolvency Resolution Process

KSK MAHANADI POWER COMPANY LIMITED Oct 2019 – June 2020

Hyderabad Area, India, Power Plant at Bilaspur 3600MW

 KSK Mahanadi operates a coal-based power project with a nameplate capacity of 3600 MW. The company has 3 operational units and rest are under various stages of construction. After commencement of CIRP process, we are able to operate all 3 units generating highest load with 80% capacity utilization and PLF of about 76%. With existing operational and technical team, we have introduced various cost cutting programs to bring in efficiency in operations. In the ongoing COVID-19 lockdown, we were running the plant at full capacity and supplying power to distribution companies despite cash flow constraints. CIRP of KSK is substantially delayed as rail and water infrastructure of power plant are housed in separate subsidiary companies and lenders have filed a consolidated application in NCLT. Getting investors interest in standalone Power plant is a challenge due to unenviability of rail and water infrastructure.

 Resolution Professional

Prius Group of Entities

Apr 2019 – Present

New Delhi

 RP for 5 Commercial real estate companies of Ex Ranbaxy promoters namely Pawan Impex Pvt Ltd, SVIIT Software Pvt. Ltd, Payne Realtors Pvt Ltd, Prius Commercial Projects Pvt Ltd. and Sharan Hospitality Ltd.

  Financial  Creditors

  S. No.

Entity

Amount Admitted

Resolution  Amount

Percentage  Recovery

Resolution Applicant

 Stage of  Implementation

 1

Prius  Commercial Projects Private Limited

407.83

407.83

100.00%

Consortium  of Kotak Investment Advisors Limited, Minicon Insulated Wires LLP and Elita  Capital Advisors LLP

 implementation has been completed

successfully

 2

Sharan  Hospitality Private Limited

76.75

76.75

100.00%

Majestic Auto Limited

 Resolution Plan

approved,

implementation of plan

is still going on

 3

Payne  Realtors Private Limited

27.36

27.36

100.00%

City Gold Entertainment Ltd.

  implementation has

been

completed

successfully

4

Pawan  Impex Private Limited

194.85

130.00

67.00%

Consortium of DMI Alternative  Investment Fund - Special Opportunities Scheme, Fact Software Private Limited  and Yash Gupta

  Resolution Plan

approved,

implementation of plan

is still going on

 5

SVIIT  Software Private Limited

59.23

35.15

60.00%

Mr. Parmjit Gandhi

 Resolution Plan approved, implementation of plan

is

still going on

              Educomp Solutions Ltd.

May 2017 till date:

 Till date running the company as going concern and up to date in payment to employees, Statutory dues and operational expenses in spite of adverse situation due to covid 19. Resolution Plan of EBIX Singapore Pte. Ltd. was approved by the lenders and subsequently approved by NCLT. However, due to covid resolution applicant have filed application in NCLT/NCLAT for withdrawal which NCLAT not allowed. Resolution applicant filed in Supreme court, which is pending for final judgement.

   Partner and Leader Business Restructuring Services

PwC Professional Services LLP Full-time

Apr 2018 – Aug 2019

1 year

Gurgaon

 Joined as Partner & Leader of Business Recovery Services (BRS) practice at PwC India. PwC is among the top consultancy firm in India and a world leader in BRS & stressed asset resolution practices. As a BRS Leader, I was leading a team of 70 dedicated professionals for the overall development and growth of the vertical. I have overseen and guided various CIRP assignments under various RP’s including Uttam Value Steels, Uttam Galva Metallics, Era Infra & Engineering, Parabolic Drugs, Diamond Power Infrastructure Ltd, Videocon group companies, KSK Mahanadi, Sukam Power Systemsand PRIUS group of companies. During this stint, I have developed strong and credible relationships with, stressed assets funds, international fund houses, ARCs and NBFC.

   Partner & Leader- Business Restructuring

BDO India LLP Full-time

May 2017 – Apr 2018

1 year

New Delhi Area, India

 BDO India LLP is the India member firm of BDO International. BDO India offers strategic, operational, accounting, tax & regulatory advisory and assistance for both domestic and international organizations across a range of industries. As the leader and partner of BRS division, I was instrumental in establishing insolvency practice for BDO. Through persistent market development efforts, BDO was successfully awarded 3 out of first dirty dozen insolvency cases. These cases were Jyoti Structures, ABG Shipyards and Bhushan Power and Steel Ltd. BDO also won 3 cases in mid-market segment. I also developed a team of insolvency professionals, execution team for claim verification, process advisory, operation and maintenance, sectorial compliances, Balance sheet and cash flow monitoring. My team was the first one to develop system, procedures and SOP’s for insolvency practice. In the very first year of operations, we won more than Rs. 100 crore business.

    Managing Director

Varrenyam Consultants Private LimitedSelf-employed

May 2004 – May 2017

13 years  and From April 2021 to till date

New Delhi Area, India

 A boutique financial advisory services firm specializes in the field of financial restructuring of distressed companies, settlement of debts, and resources mobilization. During this period, I have advised more than 100 corporates on financial restructuring and settlements ranging from 200 crores to 25000 crores. My firm was leading advisor in the Corporate Debt Restructuring process (CDR) and was instrumental in strategy formulation, scheme preparation, financial modelling, valuation and techno economic studies. We were also involved in finding strategic investor/buyers for some of the companies where post restructuring plan required change of management.

We also organised funding for distressed assets through ARC, special situation funds, NBFC’s.

Post implementation of CIRP assignments I have restarted my above Boutique firm.

    General Manager Finance

ROLLATAINERS LTD 

Apr 2000 – Apr 2004

4 years

Faridabad, Haryana and Delhi

 As finance head, my job profile included Treasury Management, funds control including collections and disbursements and supervision of banking transactions. I was directly reporting to the President, Executive Director and Board of Directors comprising top Professionals. I was instrumental in implementing Financial and Operational Restructuring. Financial restructuring involved Rephasement of repayments and lowering of interest rates in first phase, creating vehicle for Venture fund investment and saving the company from BIFR. As a member of Board presentation to board on various restructuring options, Strategy formation and approvals of board on various cost cutting and restructuring options including shutting down. I also involved in strategy formation and approvals of board on various cost cutting and restructuring options including shutting down of loss-making businesses. Redesigning of MIS Systems and assisting top management on various financial strategies. Consolidation and Centralization of Finance, Accounts and Purchase function. Business valuation, financial modeling, Audit Finalization – Statutory, Internal, Tax, Stock, Concurrent and due diligences.

   Senior Manager-Finance &Accouts

Modi Rubbers Ltd 

May 1997 – Mar 2000

2 yrs 11 months

Delhi Area, India

 Part of Modicorp (ultimate holding company of B. K. Modi group companies), I was responsible for managing funds, control, overall supervision of accounts department of 13 companies in layers of holding and subsidiary structure. I was also involved in Tax Planning, finalization of Accounts and interaction with Statutory, Internal, Tax Auditors and Auditors for valuation and Due Diligence. I also supported group financial controller for credit rating in respect of US$ 50 Million ECB. Liaison with banks, financial institutions and taxation authorities.

   Sr. Manager-Finance

SARDA PLYWOOD INDUSTRIES LTD

Mar 1992 – Mar 1997

5 yrs 1 mo

Delhi, India

 As a part new project division, worked on project evaluation and viability study of various projects and participated in launching of new project from grass root level to concept paper for management, Joint Venture partners, and term lending institutions, venture capital funds, banks and state level institutions. I was also responsible for arrangement of export credit limits from banks and export documentation. Overall supervision of Accounts department, balance sheet finalization and other related activities.

[aryamavastu]

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एकसीढ़ीहमेशाघरकेपश्चिमीयादक्षिणीभागमेंबनानीचाहिए।इसेउत्तर-पूर्वकोनेमेंनहींबनायाजानाचाहिए, क्योंकियहमानाजाताहैकियहांएकसीढ़ीवित्तीयनुकसानकाकारणबनसकतीहै।

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[hrthrive19]

HAVE (A-LOTTE) MORE

Lotte Corporation

Lotte Corporation is a South Korean multinational conglomerate. Lotte began its history on June 28, 1948, by Korean businessman Shin Kyuk-ho in Tokyo. Shin expanded Lotte to his ancestral country, South Korea with the establishment of Lotte Confectionery in Seoul on April 3, 1967. Lotte eventually grew to become South Korea’s fifth largest business conglomerate.

Lotte Corporation consists of over 90 business units employing 60,000 people engaged in such diverse industries as candy manufacturing, beverages, hotels, fast food, retail, financial services, industrial chemicals, electronics, IT, construction, publishing, and entertainment. Lotte runs additional businesses in China, Thailand, Malaysia, Indonesia, Vietnam, India, United States, United Kingdom, Kazakhstan, Russia, Philippines, Pakistan and Poland (Lotte bought Poland’s largest candy company Wedel from Kraft Foods in June 2010). Today, Lotte is the largest confectionery manufacturer in South Korea. 

Lotte Confectionery was one of the first Korean food and beverage companies to enter the Indian market in 2004. Since then, the $80-billion multinational has dominated the Indian Choco- pie market through significant investments and localisation.

Havmor

Havmor has a diverse product basket comprising of more than 160 varieties of Ice Cream flavors, ready- to -eat products, novelties and authentic kulfis. All their ice creams are made with pure milk and the finest ingredients. It all began in 1944 when Satish Chona, a young engineer working at BOAC (now British Airways), decided to set up a pop- up ice cream shop in Karachi, Pakistan, called Havmor. What he started as a part-time venture to supplement the family income soon grew into a popular local ice cream brand. But the year 1947 proved to be a tumultuous one with the partition of India and Pakistan. Mr Chona and his family were forced to leave everything behind in Karachi as they migrated to India overnight in search of safety. After attempting to set up a base in a couple of Indian cities including Dehradun and Indore, Mr Chona eventually decided to start his ice cream business in Ahmedabad.

Today, Havmor boasts a product portfolio comprising 150 kinds of ice creams retailed through a parlour network operating across 14 states. It has two plants, in Ahmedabad and Faridabad, manufacturing 2.5 lakh litres of ice cream per day. Management consultant Harminder Sahni of Wazir Advisors said valuation in multiples of two or three has become a routine for consumer brands.

The Merger

South Korea’s Lotte Confectionery decided to acquire Ahmedabad-headquartered ice cream maker Havmor Ice Cream Ltd (HIL) for Rs 1,020 crore, on November in an all- stock deal. The Deal states that Lotte Confectionery will acquire 100% of shares of HI, as decided during its Board of Directors meeting held on November 23, 2017. Post-acquisition of Havmor, Lotte Confectionery will start its ice cream business in the Indian market that boasts a population of approximately 1.3 billion customers. The Share Purchase Agreement has been executed in the afternoon of November 23. LOTTE Confectionery plans to expand its market power from the northwest region to all across India with this entry into the Indian ice-cream market. Havmor, worked with its financial advisor, KPMG, besides Veritas Legal and Dhruva tax consultants, to seal the deal. After Announcing the deal, Ankit Chona, managing director, Havmor, said, “It was a great offer and we felt that Lotte shared our vision. Also, Lotte can take the brand to the next level.” He added he would continue to run the company for Lotte for the foreseeable future. While Havmor will continue to run the ice cream business on behalf of Lotte for now, it will also divert its attention to expand its other businesses. Havmor will continue to operate its signature chain of restaurants and eateries across Gujarat as well as its signature brand and concept café—Huber & Holly. “Lotte will acquire the plants, machinery and the staff of the company,” said Ankit Chona, managing director at Ahmedabad-based Havmor Ice Cream (HIL). The deal values Havmor Ice Cream at more than 2.5 times its 2016-17 turnover of Rs 400 crore. Lotte Confectionery plans to expand its market power from the northwest region to all across India with this entry into the Indian ice-cream market.

Task in Hand

You have been appointed as a Third-Party Administrator to make this project a success, you are supposed to come up with a detailed plan for the same. The top management of both the companies have asked you to remodel the organization by doing the following:

Conduct a thorough HR due diligence of both companies for the Acquisition.

Redesign the organizational culture so that employees from both companies can work in harmony.

Create a new training and development program for the employees

Create a detailed organizational structure for the companies.

Come-up with new compensation structures for the employees of the acquired Organization.

Come up with Performance Appraisal Systems for all the employees

Deliverables:

A report not exceeding 30 pages.

Submission Details:

Submission time: 20 November, 11:59 p.m.

Mail it to us at: hr.thrive19@gmail.com

PS: Top 20 much?

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[aclmarts998]

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[aclmarts998]

To know more about the “Best Stock Broker In Delhi”, “Best 9 Stock Broker In Delhi”, “Best 9 Tour & Travels Companies In Delhi”, “Best Tour & Travels Companies In Delhi”, “Best Vaastu Consultants in Delhi”, “Best 9 Vaastu Consultants in Delhi”. We recommend you to visit the ACL Marts. To see the Industries best rated and top businesses in the Delhi, Faridabad, Noida, Gurugram.

[aclmarts998]

To know more about the “Best Stock Broker In Delhi”, “Best 9 Stock Broker In Delhi”, “Best 9 Tour & Travels Companies In Delhi”, “Best Tour & Travels Companies In Delhi”, “Best Vaastu Consultants in Delhi”, “Best 9 Vaastu Consultants in Delhi”. We recommend you to visit the ACL Marts. To see the Industries best rated and top businesses in the Delhi, Faridabad, Noida, Gurugram.

[aclmarts998]

To know more about the “Best Stock Broker In Delhi”, “Best 9 Stock Broker In Delhi”, “Best 9 Tour & Travels Companies In Delhi”, “Best Tour & Travels Companies In Delhi”, “Best Vaastu Consultants in Delhi”, “Best 9 Vaastu Consultants in Delhi”. We recommend you to visit the ACL Marts. To see the Industries best rated and top businesses in the Delhi, Faridabad, Noida, Gurugram.

[mahenderkhandelwal]

About Mahender Kumar Khandelwal Insolvency Professional

I am Mahender Kumar Khandelwal is a professional registered insolvency and Chartered Accountant professional. Senior management and financial professional with wide experience spanning over 30 years in the entire continuum of structuring, financing through debt and equity instruments. Management and turnaround of Special situations and Insolvency across a wide spectrum of industries.

Led Restructuring and Resolution of large corporates (100+) across various sectors viz. Iron and Steel, Stainless Steel and utensils, System Packaging, Forging Industry, Pharma, Hotels, NBFC, Rice and Food Processing, Fertilizers, Biodiesel, Edible Oils, Biomass, Solar Panels, Power and Infrastructure, Textile, Education, Auto Component, Polymers, Electric Appliances, Plywood, Construction and Real Estate.

Started BRS practice in BDO & PWC as Leader & Partner successfully resolved 20 plus cases in Insolvency under my leadership ranging from 200 crores to 50,000 crores. Before that, I was running my Boutique Consultancy firm in the name of Varrenyam Consultants Pvt Ltd.

MONITORING PROFESSIONAL

Bhushan Power and Steel Limited. Jul 2017 – Mar 2021 3 years

BPSL is the among first dirty dozen cases referred by lenders to insolvency. The company have a borrowing of more than 47000 crores from over 35 lenders. There has been an all-around growth and complete turnaround in the operations of the company since the commencement of CIRP.

When RP took control over BPSL, capacity utilization was meagre 47% with a production level of 82,000 MT per month and EBITDA loss. Due to a combination of proactive CoC and decisions taken by the RP for enhancement of capacity utilization.

During CIRP period production had increased to 200,000 MT and the company generated EBITDA of more than 4000 crores. Moreover, the company under the leadership of the RP/MP was able to reduce the statutory and worker liabilities besides improving working capital levels. The RP/MP further ensured smooth operations while managing 15,000 employees across 9 locations and provided increments to the employees. Some of the incomplete projects were completed by incurring additional CAPEX with COC approval. On the date of implementation, there was a working capital of more than 7500 crores in a cash balance of around 2500 crores.

During CIRP Period RP have handled enquiries/investigations from Regulatory Authorities i.e. SFIO, CBI, ED and GST for pre CIRP period including the closing of a draft forensic audit conducted during pre CIRP period including the closing of draft forensic audit report conducted during pre CIRP period.

Due to turnaround and enhanced operations, Resolution applicants improved their bid amount from initial12,000 crores to 19,800 crores and JSW successfully implemented the resolution plan and taken over control of BPSL. The Financial creditors have recovered around 42 percent of their dues in BPSL resolution.

Corporate Insolvency Resolution Process KSK MAHANADI POWER COMPANY LIMITED Oct 2019 – June 2020 Hyderabad Area, India, Power Plant at Bilaspur 3600MW

KSK Mahanadi operates a coal-based power project with a nameplate capacity of 3600 MW. The company has 3 operational units and the rest are under various stages of construction. After commencement of CIRP process, we can operate all 3 units generating the highest load with 80% capacity utilization and PLF of about 76%.

With the existing operational and technical team, we have introduced various cost-cutting programs to bring in efficiency in operations. In the ongoing COVID-19 lockdown, we were running the plant at full capacity and supplying power to distribution companies despite cash flow constraints.

CIRP of KSK is substantially delayed as rail and water infrastructure of the power plant are housed in separate subsidiary companies and lenders have filed a consolidated application in NCLT. Getting investors interest in standalone Power plants is a challenge due to the unenviability of rail and water infrastructure.

Educomp Solutions Ltd. September 2017 till date:

Till date running the company as going concerned and up to date in payment to employees, Statutory dues and operational expenses despite adverse situation due to covid 19. The Resolution Plan of EBIX Singapore was approved by the lenders and subsequently approved by NCLT. However, due to covid resolution applicants have filed an application in NCLT/NCLAT for withdrawal which NCLAT is not allowed. Resolution applicant filed in Supreme court, which is pending for final judgement.

Partner and Leader Business Restructuring Services PwC Professional Services LLP Full-time Apr 2018 – Aug 2019 1 year Gurgaon

Joined as Partner & Leader of Business Recovery Services (BRS) practise at PwC India. PwC is among the top consultancy firm in India and a world leader in BRS & stressed asset resolution practices.

As a BRS Leader, I was leading a team of 70 dedicated professionals for the overall development and growth of the vertical. I have overseen and guided various CIRP assignments under various RP’s including Uttam Value Steels, Uttam Galva Metallics, Era Infra & Engineering, Parabolic Drugs, Diamond Power Infrastructure Ltd, Videocon group companies, KSK Mahanadi, Sukam Power Systems and PRIUS group of companies.

During this stint, I have developed strong and credible relationships with, stressed assets funds, international fund houses, ARCs and NBFC.

Partner & Leader- Business Restructuring BDO India LLP Full-time May 2017 – Apr 2018 1 year New Delhi Area, India

BDO India LLP is the India member firm of BDO International. BDO India offers strategic, operational, accounting, tax & regulatory advisory and assistance for both domestic and international organizations across a range of industries.

As the leader and partner of BRS division, I was instrumental in establishing insolvency practice for BDO. Through persistent market development efforts, BDO was successfully awarded 3 out of the first dirty dozen insolvency cases. These cases were Jyoti Structures, ABG Shipyards and Bhushan Power and Steel Ltd. BDO also won 3 cases in the mid-market segment. I also developed a team of insolvency professionals, an execution team for claim verification, process advisory, operation and maintenance, sectorial compliances, Balance sheet and cash flow monitoring. My team was the first one to develop systems, procedures and SOP’s for insolvency practice. In the very first year of operations, we won more than Rs. 100 crore businesses.

Managing Director Varrenyam Consultants Private LimitedSelf-employed May 2004 – May 2017 13 years and From April 2021 to till date New Delhi Area, India

A boutique financial advisory services firm specializes in the field of financial restructuring of distressed companies, settlement of debts, and resources mobilization. During this period, I have advised more than 100 corporates on financial restructuring and settlements ranging from 200 crores to 25000 crores.

My firm was a leading advisor in the Corporate Debt Restructuring process (CDR) and was instrumental in strategy formulation, scheme preparation, financial modelling, valuation and techno-economic studies. We were also involved in finding strategic investors/buyers for some of the companies where the post-restructuring plan required a change of management. We also organised funding for distressed assets through ARC, special situation funds, NBFC’s. Post-implementation of CIRP assignments I have restarted my above Boutique firm.

General Manager Finance ROLLATAINERS LTD Apr 2000 – Apr 2004 4 years Faridabad, Haryana and Delhi

As finance head, my job profile included Treasury Management, funds control including collections and disbursements and supervision of banking transactions. I was directly reporting to the President, Executive Director and Board of Directors comprising top Professionals.

I was instrumental in implementing Financial and Operational Restructuring. The financial restructuring involved Rephasement of repayments and lowering of interest rates in the first phase, creating a vehicle for Venture fund investment and saving the company from BIFR. As a member of Board presentation to board on various restructuring options, Strategy formation and approvals of the board on various cost-cutting and restructuring options including shutting down.

I was also involved in strategy formation and approvals of the board on various cost-cutting and restructuring options including shutting down loss-making businesses. Redesigning of MIS Systems and assisting top management on various financial strategies. Consolidation and Centralization of Finance, Accounts and Purchase function. Business valuation, financial modelling, Audit Finalization – Statutory, Internal, Tax, Stock, Concurrent and due diligence.

Senior Manager-Finance & Accounts Modi Rubbers Ltd May 1997 – Mar 2000 2 yrs 11 months Delhi Area, India

Part of Modicorp (ultimate holding company of B. K. Modi group companies), I was responsible for managing funds, control, overall supervision of accounts department of 13 companies in layers of holding and subsidiary structure.

I was also involved in Tax Planning, finalization of Accounts and interaction with Statutory, Internal, Tax Auditors and Auditors for valuation and Due Diligence. I also supported the group financial controller for credit rating in respect of US$ 50 Million ECB. Liaison with banks, financial institutions and taxation authorities.

Sr. Manager-Finance SARDA PLYWOOD INDUSTRIES LTD Mar 1992 – Mar 1997 5 yrs 1 mo Delhi, India

As a part of new project division, worked on project evaluation and viability study of various projects and participated in the launching of a new project from grass root level to a concept paper for management, Joint Venture Partners, and term lending institutions, venture capital funds, banks and state-level institutions.

I was also responsible for the arrangement of export credit limits from banks and export documentation. Overall supervision of Accounts department, balance sheet finalization and other related activities.

[mahenderkhandelwal]

Work Experienced Prior to Insolvency Profession of Mahender Kumar Khandelwal

I am Mahender Kumar Khandelwal is a registered insolvency professional and a Chartered Accountant. I have completed CIRP assignment of Bhushan Power and Steel Ltd. (lenders exposure >47,000 cr, recovery of ~ 19,700 cr. is at ~ 42%) I bring over 26 years of experience that spans various areas within finance and financial advisory services. I specialize in the field of resource mobilization, financial restructuring of distressed companies, settlement of debt and regulatory compliance. I have worked extensively on projects involving corporate debt restructuring, rectification advisory, restructuring and settlement of liabilities, fundraising, private placement of equity, OTS and expansion funding etc. for clients across various industry sectors like retail and consumer, metals, pharmaceutical, financial services, auto, etc.

Worked Experienced

1.2018-2019- PwC Professional Services LLP- Partner and Leader - Business Restructuring Services As a BRS Leader, I was leading a team of 70 dedicated professionals for the overall development and growth of the vertical. I have overseen and guided various CIRP assignments under various RP’s including Sukam Power Systems, Era Infra & Engineering, Uttam Value Steels, Uttam Galva Metallics, Parabolic Drugs, Diamond Power Infrastructure Ltd., Videocon group companies and PRIUS group of companies.

2.2017-2018- BDO India LLP, New Delhi, New Delhi - Partner & Leader- Business Restructuring As the leader and partner of BRS division, I was instrumental in establishing insolvency practice for BDO. Through persistent market development efforts, BDO was successfully awarded 3 out of first dirty dozen insolvency cases. These cases were Jyoti Structures, ABG Shipyards and Bhushan Power and Steel Ltd. BDO also won 3 cases in the mid-market segment. I also developed a team of insolvency professionals, an execution team for claim verification, process advisory, operation and maintenance, sectorial compliances, Balance sheet and cash flow monitoring. My team was the first one to develop systems, procedures and sops for insolvency practice. In the very first year of operations, we won more than Rs. 50 crore business.

3.2017-2004- Varrenyam Consultants Private Limited, New Delhi - Founder & Managing Director My firm was a leading advisor in the Corporate Debt Restructuring process (CDR) and was instrumental in strategy formulation, scheme preparation, financial modeling, valuation and techno-economic studies. We were also involved in finding strategic investors/buyers for some of the companies where the post-restructuring plan required additional funding.

4.2004-2000- Rollatainers Ltd, Faridabad, Haryana - General Manager I was instrumental in implementing Financial and Operational Restructuring. The financial restructuring involved Rephasement of repayments and lowering of interest rates in the first phase, creating a vehicle for Venture fund investment and saving the company from BIFR. As a member of Board presentation to board on various restructuring options, Strategy formation and approvals of the board on various cost-cutting and restructuring options including shutting down. I was also involved in strategy formation and approvals of the board on various cost-cutting and restructuring options including shutting down of loss-making businesses. Redesigning of MIS Systems and assisting top management on various financial strategies. Consolidation and Centralization of Finance, Accounts and Purchase function. Business valuation, financial modeling, Audit Finalization – Statutory, Internal, Tax, Stock, Concurrent and due diligence.

5.2000-1997- Modi Rubbers Ltd, New Delhi, New Delhi- Senior Manager - Finance and Accounts Part of Modicorp (ultimate holding company of B. K. Modi group companies), I was responsible for managing funds, control, overall supervision of accounts department of 13 companies in layers of holding and subsidiary structure.

6.1997-1992- Sarda Plywood Industries, New Delhi, New Delhi - (Senior Manager – Finance) As a part of the new project, the division worked on project evaluation and viability study of various projects and participated in the launching of a new project from grass root level to a concept paper for management, Joint Venture Partners, and term lending institutions, venture capital funds, banks and state-level institutions. I was also responsible for the arrangement of export credit limits from banks and export documentation. Overall supervision of Accounts department, balance sheet finalization and other related activities.

My Social Media Connect https://www.facebook.com/mahenderkhandelwalca/ https://twitter.com/mkhandelwalca https://www.linkedin.com/in/mahenderkhandelwal/ https://www.instagram.com/mahender_khandelwal/