Latest news with #ITP
The Wire
3 days ago
- Business
- The Wire
Emerging Telangana: Advisory firms Shaping Business Landscapes of Promotor Driven Companies
Hyderabad, Telangana — Since its inception in 2014, Telangana has rapidly established itself as one of India's most progressive and business-friendly states, showcasing exceptional strides in industrial development. With strong infrastructure, a strategic central location, and a highly skilled workforce, the state offers an ideal environment for promoter-led and growth-stage enterprises to thrive. These advantages have attracted substantial domestic and global investments across key sectors such as pharmaceuticals, information technology, textiles, sustainability, electric vehicle manufacturing, and food processing. Telangana's swift industrial expansion has earned it a consistent spot among the top performers in India's Ease of Doing Business rankings, while nurturing a culture of innovation and entrepreneurship statewide. Promoter-led businesses across Telangana have long driven industrial growth, across India and overseas, through entrepreneurial spirit, agility, and market insight. However, as these businesses scale, they face complex challenges including operational bottlenecks, evolving compliance norms, digital adoption, talent retention, and governance demands. There is no doubt that advisory firms have been playing a decisive role in streamline structures of these companies, many of which are looking for IPOs. Recognizing these dynamics, one of the prominent advisory firm, EverFlourish Advisors - co-founded by Sachin Jain, Ramnish Gaikwad and Arvind Rana - has emerged as a trusted partner for SMEs and promoter-run enterprises. By working closely with sectors such as pharmaceuticals, automobiles, energy, apparel, infrastructure, and sustainability, EverFlourish helps businesses transition from informal models to professional, scalable, and compliant organizations—while safeguarding their core values. 'Promoter-led companies often encounter bottlenecks when decision-making centralizes,' notes EverFlourish Advisors. 'Our practical, execution-focused approach unlocks growth by streamlining operations, improving working capital, enhancing production output by 30–50%and increase sales, all while embedding strong governance and compliance frameworks. We are working some of high potential companies including ITP, Ecoboard Industries, Truzon to name a few. Telangana is home to millions of small and medium companies - most of which are promotor driven (family businesses), and are providing jobs to millions of people. The growth in this sector would further boost employment opportunities and strengthen exchequer of the State. One of the prominent companies of Telangana - EcoYou - Ecoboard Industries Limited has exemplified Telangana's commitment to sustainable industrial development. EcoYou's Build division, transforms agricultural waste such as wheat straw, rice husk, and sugarcane bagasse into EcoBoard—a high-performance, eco-friendly construction material—EcoBoard offers a viable alternative to traditional plywood and plastic-based panels. By curbing deforestation and crop burning, EcoBoard has prevented an estimated 116 million tonnes of CO₂ emissions and saved over 10 million trees to date. EcoYou's Energy division is also a global leader in large-scale biogas and compressed biogas (CBG) projects, with over 250 biogas digesters installed worldwide processing 20 million cubic meters of industrial effluents annually. 'In India's fast-growing industrial environment, responsible waste management protects natural resources and promotes circularity,' says Praveen Gottumukkala, Director of EcoYou. 'Our CO₂-capture technology, inspired by India's ancient sustainable practices, has created nearly $80 million in value for farmers by converting agro-waste into usable products over 33 years.' Another company that is working towards sustainability is KEP Engineering. It is revolutionizing liquid waste management across industries through Zero Liquid Discharge (ZLD) technologies. With over 550 wastewater treatment systems deployed in 35 sectors—including pharmaceuticals, chemicals, and solar manufacturing—KEP transforms waste into valuable resources while ensuring environmental compliance. KEP's advanced systems include - Condensate Integrated Gas Recovery (CIGAR), Multi-Effect Evaporators (MEE), Agitated Thin Film Dryers (ATFD), Mechanical Vapor Recompression Evaporation (MVRE), and customized Effluent Treatment Plants (ETPs). 'Liquid waste is no longer a burden; it's a resource,' says Managing Director Malu Kamble. 'Industries that adopt these technologies achieve operational efficiencies, regulatory compliance, and long-term profitability. This circular, sustainable approach represents the future of industrial growth.' Similarly, another company C Prompt Solutions is emerging as a leader in IT infrastructure leasing. Recently partnering with Symbyont Smart Spaces, C Prompt delivers flexible, plug-and-play IT hardware rentals to businesses across India. Offering laptops, desktops, and peripherals on a rental basis, C Prompt has helped clients reduce IT expenses by up to 40%, enabling reinvestment into growth initiatives. 'Moving from ownership to leasing is a game-changer for businesses,' says KK Baldwa, Co-founder, C Prompt Solutions. 'Our clients have saved up to 40% on IT expenses, freeing capital to invest in growth and innovation. Leasing also provides agility, allowing companies to scale their IT assets up or down as needed.' With over 25,000 devices leased to more than 500 clients, C Prompt is rapidly expanding. During the COVID-19 peak, the company demonstrated exceptional responsiveness by delivering and installing 600 laptops to employees' homes within two days, exemplifying their commitment to customer-centric solutions. Recently, in the pharmaceutical sector, Sai Parenterals Limited, raised USD 5.82 million (₹50 crore) in equity funding led by Samarsh Capital, Vyom Partners, and Blue Lotus Capital. This capital infusion will accelerate Sai Parenterals' international expansion as it strengthens its two strategic verticals: Branded Export Formulations and Contract Development & Manufacturing Organization (CDMO) Services. Anil Karusala, Managing Director of Sai Parenterals states, 'This investment supports acquiring high-potential international assets, broadening our product portfolio, and enhancing manufacturing capabilities. Our five manufacturing facilities—approved by global regulators such as TGA Australia and WHO GMP—reflect our commitment to quality and growth.' Telangana's leading enterprises exemplify a new industrial era—one that balances tradition with transformation, sustainability with profitability, and innovation with impact. By empowering promoter-led businesses to professionalize and scale, and by fostering advanced, eco-friendly industrial solutions, Telangana is set to be a beacon of progressive, responsible industrial growth in India. (Disclaimer: The above content is a press release and PTI takes no editorial responsibility for the same.).
The Wire
4 days ago
- Health
- The Wire
Homeopathy's Triumph in ITP Treatment Offers New Hope for Blood Disorders
Indore (Madhya Pradesh) [India], July 16: A groundbreaking advancement in the treatment of blood disorders has emerged from Advanced Homoeo Health Center and Homeopathic Medical Research Pvt. Ltd., located at Geeta Bhawan, Indore. Under the leadership of Dr. A.K. Dwivedi, a senior homeopathic physician, member of the Scientific Advisory Board (CCRH), Ministry of AYUSH, Government of India, and Executive Council Member at Devi Ahilya Vishwavidyalaya, Indore, a revolutionary approach in homeopathy is offering renewed hope for patients battling rare and life-threatening conditions like Immune Thrombocytopenia (ITP), Aplastic Anemia, and Myelodysplastic Syndrome (MDS). A compelling success story has captured medical attention: 7-year-old Ayushmann Singh from Azamgarh, Uttar Pradesh, was diagnosed with severe ITP, with platelet levels critically low at just 8,000. After undergoing 12 months of continuous and evidence-based homeopathic treatment using advanced 50 millesimal potency, Ayushmann's platelet count dramatically increased to 2.3 lakhs, allowing him to return to a normal life—attending school, playing with friends, and enjoying a healthy childhood once again. 'This is more than a medical case—it is a message of hope,' said Dr. Dwivedi. 'In immune thrombocytopenia, the body's own immune system destroys its platelets. Our specialized approach in homeopathy offers not only symptom relief but addresses the patient's complete physical, emotional, and mental wellbeing.' Conventional treatments for ITP, such as long-term steroid use, immunoglobulins, or bone marrow transplants, often come with limited efficacy and severe side effects. In contrast, Dr. Dwivedi's patient-centered and scientifically grounded homeopathic protocols present a low-risk and sustainable alternative, especially in chronic and difficult-to-treat conditions. Widely acclaimed as 'Hope for the Bloodless', Dr. Dwivedi is known for his pioneering work in treating aplastic anemia and promoting anemia awareness through homeopathy. His efforts are inspiring growing interest in integrating homeopathy into mainstream healthcare conversations, especially for conditions with limited conventional solutions. The case of young Ayushmann has become a beacon for families seeking effective and gentle treatment paths, underscoring the potential of homeopathy not as an alternative, but as a serious and scientifically validated medical choice. (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). This is an auto-published feed from PTI with no editorial input from The Wire.
Daily Express
11-07-2025
- Business
- Daily Express
Sabah Timber Industries Association urges government to up timber planting
Published on: Friday, July 11, 2025 Published on: Fri, Jul 11, 2025 By: Hayati Dzulkifli Text Size: Tan said robust support mechanisms are needed to create a conducive environment for ITP development, and providing crucial incentives to encourage investments that secure Sabah's timber industry for the long term. Kota Kinabalu: Sabah Timber Industries Association (STIA) has called on the State government to reinforce policies and introduce incentives to accelerate development of Industrial Tree Plantations (ITP), which falls short of 400,000-hectare target. STIA President Tan Peng Juan said ITP has critical role in securing a sustainable raw material base for Sabah's timber sector. He said STIA has raised its concern on the slow progress of ITP initiatives in the State while recognising ITP as a crucial pillar of Sabah's long-term strategy to ensure a reliable and renewable timber resource base. He added establishment of ITP is aimed at creating a reliable and renewable timber resource based that help reduce pressure on natural forests while supporting long-term growth of domestic timber manufacturing and value-added downstream industries. 'Based on the Sabah Forestry Department's latest annual report, it recorded that majority of plantation logs harvested in Sabah are derived from other agencies and smallholders, rather than from the designated ITP areas within the Sustainable Forest Management Licence Agreement (SFMLA). 'As of 2024, a total of 183,634 hectares of ITP areas have been established statewide. While this marks significant progress, it still falls short of the 400,000-hectare target set under the Forest Plantation Development Action Plan. 'This gap underscores the urgency to intensify plantation efforts over the coming years,' Tan said this during the STIA's Annual General Meeting (AGM), here, recently. The AGM, presided by Tan, discussed various issues particularly on current market situation, technical requirements faced by the industry and mitigation of compliance. Tan said equally important is ensuring that downstream players are adequately equipped with the appropriate machinery and processing capabilities to handle the unique characteristics of plantation-grown logs, which differ in characteristics from natural forest timber. To achieve this, he said there is an urgent need for stronger support mechanisms that can incentivise the local utilisation of plantation timber. He reiterated the STIA's call on the State Government to fully support ITP initiatives by reinforcing existing policies and to incentivise companies actively developing ITP areas as well as manufacturers using plantation timber. Tan said robust support mechanisms are needed to create a conducive environment for ITP development, and providing crucial incentives to encourage investments that secure Sabah's timber industry for the long term. He said the AGM resolved to formally reiterate these points to the State Government, seeking its full commitment and support to drive the success of industrial tree planting in Sabah. He also assured that STIA will work with the government to ensure the Forest Plantation Action Plan policy is successful as resources derived from ITP is not only as supplementary resource for downstream processing but as alternative to tropical timber in the long run. 'The industry should not depend on topical timber as the global market is moving towards sustainable green resources,' he said. Tan also addressed industry concerns over low-grade plywood imports, warning it could undermine local manufacturers or domestic producers. To tackle this, he said STIA is working with the Forest Research Centre to fast-track the establishment of a laboratory for formaldehyde testing as one of the control measures to regulate importation of timber products. 'STIA agreed to pursue the issue via regulatory provisions through formaldehyde emission controls. 'This measure aims to ensure that all plywood entering the local market meets minimum health and safety standards,' he said. On another issue, Tan said STIA also pledged to continue monitoring global moves to list Shorea species under CITES Appendix II, which could significantly impact Malaysia's timber trade and export regulations. 'The Ministry of Natural Resources and Environmental Sustainability (NRES) recently confirmed no formal proposal currently exists to list Shorea under CITES but said it would keep abreast of developments. 'Both the Ministry and relevant regulatory agencies including timber trade associations will continue to closely follow developments at the global level to ensure that Malaysia's timber industry interests are safeguarded and any future policy shifts are addressed proactively,' he said. Meanwhile, Tan said Sabah Timber Legality Assurance is under review to ensure compliance with new European Union (EU) regulations, particularly the EU Deforestation Regulation (EUDR). 'A revised draft was presented in April 2025 and further discussions with stakeholders were held to incorporate feedback into the review process. 'STIA also recently took part in a Malaysian Timber Council (MTC)- EUDR Mission to Brussels from 17–24 May 2025 which included high-level engagements with EU officials on EUDR implementation, potential impacts of the Shorea listing and other matters affecting Malaysian timber exports,' he said. Another ongoing issue of concern, Tan said is the Ministry of Plantation and Commodities (MPC) move to initiate a proposal to harmonize TLAS frameworks across Malaysia. 'The move is aimed at developing a national TLAS framework. STIA however, emphasized that state-level systems must be preserved due to varying forestry practices and governance structures. On employment matters, Tan said members have been informed about the new Inland Revenue Board (LHDN) policy under which all written employment contracts signed from 1 January 2025 are subject to RM10 stamp duty. While late-stamping penalties will be waived for employment contracts finalized by 31 December 2025, he said STIA noted that the current online system has yet to reflect this waiver and continues to generate automatic penalty charges. To address this discrepancy, Tan said STIA is working closely with the Sabah Employers Association (SEA) to seek clarification and resolution with the Inland Revenue Board (LHDN). 'STIA will continue to play an active role in labour policy deliberations as a member of the Sabah Labour Advisory Council (SLAC); the official tripartite consultative body established under the Sabah Labour Ordinance (Cap. 67) to facilitate dialogue between employers, employees and the government. 'Through its representation in the council STIA serves as a key industry voice, contributing inputs on proposed amendments to labour regulations that impact the timber sector in Sabah,' he said. At a separate occasion, Tan Peng Juan was elected as the President of Malaysian Timber Association (MTA) for the 2025–2027 term during the MTA Annual General Meeting held on 30 June 2025. Its new office bearers are Farosham Naizamohideen from Persatuan Pengusaha Kayu Kayan dan Perabot Bumiputera Malaysia (PEKA) as the Vice-President, followed by Honorary Secretary Ng Kay Yip from Malaysian Wood Industries Association (MWIA) and Honorary Treasurer Annie Ting Yien Ding from Sarawak Timber Association (STA). Tan said MTA is the unified voice of Malaysia's timber industry at the federal, state and international levels as it represents major regional timber associations and serves as a central platform for industry collaboration. 'MTA actively engages with government bodies to shape legislation and regulations that benefit the timber sector. 'It also provides members with insights on market trends, trade opportunities, environmental sustainability, reforestation and technological innovation. 'To ensure the industry's interests are represented in national policymaking, MTA nominates industry experts to serve on various boards and committees,' he said while adding that internationally, MTA collaborates with global organizations such as the Coalition on Sustainable Timber to coordinate advocacy efforts globally. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Scotsman
08-07-2025
- Automotive
- Scotsman
The 18-month plan to fix 'horrendous' hour-long gridlock in this Scottish town
Last year businesses said the long queues and delays had reached a 'crisis point' Sign up to our daily newsletter – Regular news stories and round-ups from around Scotland direct to your inbox Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... A plan to tackle 'horrendous' traffic congestion in Fort William will be drawn up following the appointment of consultants commissioned by the council to tackle the crisis. Highland Council said it had appointed two firms to come up with a plan over the next 18 months, establishing proposed interventions and funding sources to ease congestion and improve journey times. Advertisement Hide Ad Advertisement Hide Ad Fort William, considered a gateway to the Highlands, is plagued by severe queues and delays, with the A82 in particular facing frequent gridlocks. The A82 is a key north-south route linking the Highlands to central Scotland and allows access to popular destinations such as Ben Nevis and Glen Coe. Thousands of tourists use the A82 every year to reach sites like Ben Nevis | Getty Images Last year, local businesses warned that traffic congestion had hit 'crisis point' and was holding back investment in the area. Residents reported journeys through the town that would have previously been five minutes talking three quarters of an hour. Advertisement Hide Ad Advertisement Hide Ad Highland Council said emergency services had also been impacted by the congestion, with staff facing problems getting to work, as well as delays to emergency vehicles accessing roads. 'Major step forward' In 2022, a major Scottish transport review recommended the development of an integrated transport plan (ITP) for Fort William. Highland Council has now said it had taken a 'major step forward' by appointing two infrastructure consulting firms, AECOM and Stantec, to produce the plan. 'This is a significant and long-overdue milestone for Fort William,' said Councillor Ken Gowans, Highland Council's economy and infrastructure committee chairman. Advertisement Hide Ad Advertisement Hide Ad 'The appointment of AECOM and Stantec to take forward the Integrated Transport Plan brings renewed momentum and a real opportunity to tackle the long-standing issues of congestion and connectivity that affect residents, businesses, and emergency services alike. 'This plan is a key step in shaping a better future for Fort William and the wider Lochaber area.' The A82 is hit by frequent gridlocks | Google Transport Scotland said the 'in-depth' study would explore measures to improve local connections and journey times, and would consider multiple modes of transport. The proposed study area borders Loch Eil, Loch Linnhe and along the corridors made by the Great Glen and Glen Nevis. Advertisement Hide Ad Advertisement Hide Ad The council said flood risk areas around the River Lochy, Nevis and Loch Linnhe restrict where development can take place, while the steep sides of the glens also limit transport options. Frazer Coupland, chief executive of West Highland Chamber of Commerce, told BBC Scotland News that the plan was a "lifetime opportunity" for the area. He said: "We are a town of low resilience when it comes to our transport only takes a small mistake to really congest the place up and gridlock us on occasions. "A four to five-mile journey can take up to an hour if you go at the wrong times of day." Advertisement Hide Ad Advertisement Hide Ad 'Crisis point' Businesses say they have suffered severely from long-standing problems with congestion in the area and have warned about the impact on investment. In September, Lochaber Chamber of Commerce said getting through Fort William was a problem that had now reached a "crisis point" and demanded urgent action be taken by the Scottish and UK governments, as well as Transport Scotland. Salmon producer Mowi has also raised concerns about delays in getting raw materials in and out of the town, which can lead to markets not being reached. David Phillips, the managing director of Shiel Buses, has also branded congestion during peak seasonal traffic as 'horrendous'.
Emirates 24/7
08-07-2025
- Health
- Emirates 24/7
Emirates Drug Establishment approves world's first oral therapy for immune thrombocytopenia
The Emirates Drug Establishment (EDE) has granted official approval for Rilzabrutinib, the first oral Bruton's tyrosine kinase (BTK) inhibitor to be authorised in the country for the treatment of Immune Thrombocytopenia (ITP), a rare autoimmune disorder that affects approximately 2 to 5 individuals per 100,000 people worldwide. With this landmark approval, the UAE becomes the first country in the world to authorise this innovative medication, reflecting the nation's global leadership in accelerating access to advanced treatments and addressing critical medical needs. The approval of Rilzabrutinib in the UAE represents a major step forward, offering patients with ITP early access to a pioneering therapeutic solution that contributes to a faster treatment journey and a tangible improvement in quality of life. The decision aligns with the UAE's strategic commitment to ensuring the availability of high-efficacy, globally benchmarked treatments in line with the highest international standards and protocols. Developed by global pharmaceutical and healthcare company Sanofi, Rilzabrutinib represents a breakthrough in restoring immune system balance by targeting the underlying cause of ITP. By increasing platelet counts, the treatment addresses both the symptoms and root causes of the condition. Clinical studies have demonstrated promising outcomes, with patients reporting substantial improvement in health indicators. Dr. Fatima Al Kaabi, Director-General of the Emirates Drug Establishment, stated, 'The UAE is committed to providing access to the world's latest therapeutic innovations and further promoting its position as a regional hub for pharmaceutical excellence. With Rilzabrutinib getting approved, we take another step further in achieving our strategy aimed at enhancing national pharmaceutical security, implementing advanced treatment protocols, and streamlining regulatory frameworks in collaboration with international partners.' Dr. Al Kaabi emphasised that the milestone demonstrates the effectiveness of the UAE's proactive healthcare policies and flexible regulatory systems in fostering innovation and facilitating patient access to advanced medications. 'The Emirates Drug Establishment will spare no effort to accelerate regulatory procedures, and strengthen global partnerships,' she said. 'This further solidifies the UAE's role as a regional centre for pharmaceutical innovation.' She added, 'Granting approval for Rilzabrutinib reaffirms the Establishment's commitment to fast-tracking access to transformative therapies that create significant impact, particularly in the treatment of rare and chronic diseases. EDE will continue to adopt a proactive, innovation-driven approach, fuelled by international collaboration, to ensure that safe, effective therapeutic options are available across the country in accordance with the highest global standards. Our goal is to enhance the UAE's health system preparedness in an era of rapid scientific progress.' For her part, Preeti Futnani, MCO Lead and General Manager, Specialty Care for KSA & Gulf Countries at Sanofi, said, 'We are honoured to collaborate with the Emirates Drug Establishment to bring this groundbreaking treatment to patients in the UAE living with Immune Thrombocytopenia. The approval of Rilzabrutinib demonstrates our shared commitment to placing patients at the centre of our mission and delivering cutting-edge solutions that address some of the most pressing unmet medical needs.' Follow Emirates 24|7 on Google News.
