The revolutionary companies to watch 2021

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21st Century Leadership
The quintessential business
leadership of the 21st century
Remunance
Services Guiding Conglomerates to
Spread their Wings in India
THE
REVOLUTIONARY
COMPANIES
TO WATCH-2021
VOL-09
ISSUE-04
2021
Crypto Sense
How cryptocurrency is
revolutionizing businesses?
Rajendra Vaidya
Founder &
Managing Director

Editor’s Note
itself on the mountain top of prominence?
The answers are dedication, constant
improvement, the zeal to succeed, and a never-say-
die attitude. Companies which possess the mentioned
qualities can concoct a sure-shot formula to achieve
success. These top companies come up with
innovative ideas which help them to reap better results
in terms of quality, revenue, productivity, and so on.
These ground-breaking companies frame unique
strategies and relentlessly follow them. They have a
clear, structured pathway towards achieving their
goals, which they follow consistently. This helps them
to identify the essential strategies which they can
adopt to achieve great outcomes.
As pathbreaking leaders in business, these companies
do not look at innovation as an end, but as means to
achieve greatness. They use out-of-the-box
manoeuvres to transform their plans into real and
tangible outcomes.
Creativity is the heart and soul of these companies. As
such, these companies provide creative control to their
employees, and allow them to introduce major
changes which will be beneﬁcial for the workﬂow.
THE PIONEERING
TORCHBEARERS
OF EXCELLENCE,
NNOVATION,
AND DEDICATION

These decorated companies of their respective
industries use innovation to achieve their targets. This,
in turn, allows them to take lead in the market and also
allows them to increase their profitability.
Driven by the zeal to make a difference in the industry,
these noteworthy companies are prepared to try
creative ideas and unique techniques. They are not
afraid of failures because they believe that failures
provide them with an opportunity to learn and to bring
progressive changes in the industry.
With an objective of transforming the corporate
culture, these companies provide the employees with
an environment of trust. They allow each employee to
learn and grow, while also encouraging them to come
forth with new ideas, which would be beneficial to
them. This boosts the confidence of the employees,
and they, in turn, come up with transformational ideas,
which would help the company to thrive and shine.
Being the frontrunners of their respective industries,
these top companies believe that autonomy is
essential for innovation. They provide complete
freedom to individuals and teams so that they can
achieve their goals individually and as a team on their
own merit. Creative freedom allows the employees to
push boundaries and deliver impactful results.
Undoubtedly, subordinates and employees will make
mistakes, but they will also learn to make better
decisions in the future.
The revolutionary companies not only emphasize on
achieving the targets, but also, allow each employee to
learn, grow, and develop strong relationships. They
provide excellent services to their clients and treat
them with equal respect. They tackle challenges
creatively and always focus on delivering new and
lasting experiences to the clients.
Hence, without further ado, let’s dive into this journey
of exploring The Revolutionary Companies to Watch
(Edition 4), that are changing the name of the game
with their focused efforts and creative methods.
Bon voyage!
Ananda Kamal Das
ananda@insightssuccess.com

Tutor Doctor
Trusted One-to-One Tutors
Colan Infotech
Comprehensive and
Predominant Technology
Solution Provider
Green Circle Life
Empowering Clients
to Optimize Health
and Wellness
Patel Engineering Ltd.
Paving a Way towards
Growth and Development
14
26
30
40
A T u t o r i s f o r E v e r y o n e

Remunance
Services Guiding Conglomerates to
Spread their Wings in India
08
C o v e r
S t o r y
Business Leadership
The Quintessential Business
Leadership of the 21st Century
22
Commercial EV
Future of EV in
Commercial Vehicles
36
Articles
CONT
ENTS

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Management Brief
Company Name
Mohammed Imran
Head of Operations
Dinesh Sheth
Founder and CEO,
Bysakh Bhasi
CTO,
Sanjay Parikh
M.D. CMO
Remunance
Services Pvt. Ltd.
Green Circle Life
Ms. Kavita Shirvaikar
Whole Time Director
and CFO
Colan Infotech is an oﬀshore custom software development
company top-notched in custom application development
services.
Green Circle Life's mission is to help millions of people
optimize their health and wellness.
Patel Engineering has carved a niche for itself in the industry.
Since its inception it has excelled and tasted success with every
project.
Remunance essentially takes over all non-core activities leaving
foreign companies with suﬃcient bandwidth to focus on
expanding their core business in India.
Colan Infotech
Rajendra Vaidya
Founder and
Managing Director
Tutor Doctor
Tutor Doctor provides tutoring services to students of all ages,
levels and subjects.
Tariq AlObaidli
Owner and Chairman,
Mr. Suraj Khatri
Head of Operations,
Ehab Fedel
Advisor (Strategy and
Commercial Development)

Remunance
Remunance
Services
Cover
Story

Guiding Conglomerates to Spread
their Wings in India

O
ver the last few years, small
businesses have been making
a comeback in the business
industry globally, which has initiated a
growth in professional employer
organization (PEO) industry. This
industry is relatively young but
growing at a fast pace. Foreign firms
are keen on expanding businesses
worldwide but face impediments while
doing it.
Providing solutions to such companies
and making them invest in India is one
way towards evolution. This
evolutionary path is followed by the
experienced team at Remunance
Services Pvt. Ltd., which manages the
entire process in India for the foreign
businesses - hiring the right talent,
replicating the foreign business work
culture for its team, and smoothening
out any bumps along the road in Indian
team operations, etc.
Remunance essentially takes over all
non-core activities leaving foreign
companies with sufficient bandwidth to
focus on expanding their core business
in India. Moreover, by virtue of being
the employer of record (EOR) in India,
it helps companies hire a workforce
and kickstart business operations in a
matter of days, nullifying the need to
infuse additional time and resources in
creating a legal entity in India.
It is flexible to test the waters in new
territory without investment. It is
dedicated for a full-time resource hired
for your company exclusively.
Driving towards Success
Remunance Services Pvt. Ltd., takes
pride in being a one stop solution for
foreign SMEs that wish to start
successful operations in India. The
innovative service basket - INDcubate,
that Remunance offers to help foreign
SMEs to plan safe and secure growth
strategy in India and take a decisive
subsidiary formation route.
It also deploys a reliable system of
back-end office support, which allows
the foreign businesses to focus on its
core operations single-mindedly. This
unique offering -INDcubate, is better
than outsourcing and has allowed
multiple foreign businesses to benefit
from the most suitable, talented Indian
resource pool, and explore Indian
markets as well with very minimal
financial risk and a quick start of its
operations.
Remunance is a 16-year-old brand and
is very popular throughout the country
for its timely and accurate payroll
processing services -
MakeMySalary.com. In November
2019, the payroll service offering
business was acquired by ADP, the
world's largest payroll service provider.
That is one of the great appreciations
Remunance got for the dedication and
the hard work it has put in for building
a reliable brand. This also puts
additional responsibility on it to
continue building a brand better,
bigger, and providing unique service.
The services company now offering
and building for foreign companies,
also has an additional responsibility of
creating an image for India.
Providing the Best Solutions
Remunance studies its client's
business, learns client's thought
process, and their plans so that it can
analyse and suggest the best possible
ways to achieve client goals in India. It
helps companies to settle a firm and
achieve their goal in less timeframe.
Remunance also helps a company in
getting registered in India, it helps
them with all legal affairs to make the
company an entity of India.
Remunance acts as a professional
employer organizations company for
its client companies, which help them
“
We take pride
in being a one
stop for
solution
foreign SMEs that
to start
wish
successful operations
in India
“
“
“
We of
take care
everything for the
clients so
foreign
they can take
care of only their
core operations
“
“
Remunance
functions
as the eyes
of the foreign
business
on the Indian
ground
The Revolutionary Companies to watch-2021

Insights on PEO Industry
The PEO industry has grown signicantly. In each of the last 30 years, the industry has added roughly
100,000 worksite employees and 6,000 net new clients (source: Engagepeo). For perspective,
meaning that each ve years, the PEO industry has added the utilization equivalent of the whole
utilities industry within the United States. From a knowledge source Engagepeo it had been
concluded that the present size of the PEO industry is between $136 and $156 billion, as measured
in gross revenues.

The company's model on the other
hand is a business process that started
with the intent of forming a team
overseas. It can be looked at as a
stepping-stone to understand the
market and the people before diving
straight into company formation at the
new location.
Its solid foundation as a renowned
payroll processing firm in India gives it
the potential to service orders of
varying volumes, sizes, and industries
with rather ease. As such, the team
comes with abundant experience of
almost two decades and has lived the
journey from a handful customers to a
few hundred making all its processes
seamless for its foreign customers.
Moreover, acquisition of its domestic
payroll business by the American
payroll giant ADP was the first of its
kind. It speaks volumes about the
quality of services offered by the
company and reputation it has built.
Acing the Pandemic
With work from home and remote
working becoming a new normal
worldwide, this service offering is
gaining a lot of attention. The firm saw
many companies embracing globally
scattered teams working from its home
countries effectively.
Remunance solutions of PEO or
incubation come in as a boon for such
companies that plan on having teams
working from India. Remunance
ensures complete reliability and
transparency with the foreign company
and end-to-end support to its local
Indian team making its functioning
seamless.
The company's experts save
operational time and build
predictability in the processes executed
with government or external agencies.
This saves a lot of time and reduces
anxiety for the customer sitting
thousands of kilometres away. This
itself is a large amount of money and
time saved for the customer.
All this is done by ensuring that the
foreign business is in loop at every
stage, provided relevant context, and
consulted at every step of the way.
Through its wide and reliable network
in the technology ecosystem, the
foreign business is fed regular advice
and information befitting it.
In addition to ensuring business
success, this model also allows the
foreign business to test Indian waters
and paves the way for an expansion in
the business and possible
establishments of subsidiaries in India.
The Next Talent Hub
Remunance will build the easiest,
transparent and the successful way to
start Indian operations by building
ecosystems to run the remote
operations.
Developed economies will get hit the
hardest by imminent talent shortage.
Australia, France, Germany, Japan, and
the United States face the largest
threat, losing $1.876 trillion in annual
revenues by 2020. Interestingly, the
country that's at the other end of the
spectrum is India.
The world's sixth largest economy is
the only one in the study, which will
have a talent surplus by 2030, with 245
million more workers in the next 12
years. Beyond the growing population,
India's emphasis on affordable and
accessible education, especially at
college level will generate armies of
talent. One of the key areas where an
opportunity exists for India as well as
the global economy is technology, of
which India has the largest talent pool.
get the best local employees. The
company even takes care of managing
the staff like payroll, insurance,
benefits, and risk management. It also
offers extra services like leave
management, recruiting, employee
training, office infrastructure, and HR
management.
Apart from that it also provides
financial and accounting services.
Remunance has a team of experts,
which help in bookkeeping, accounts
payable, monthly payroll, leave, and
attendance or travel claim
reimbursements.
Making it Seamless
It gives benefits to the client abroad
without having to form a company in
India. Companies looking to work
closely with its Indian team and
wanting exclusive resources/employees
of its own opt for this mode of
operation over outsourcing.
The company saves time on
administrative and compliance
activities and focus on core
responsibilities. It is cost effective in
comparison with companies/subsidiary
formation. Outsourcing has been a long
prevalent option in the IT industry or
otherwise for employing large number
of resources overseas.
“
“
The part
best
about Remunance's
service model is
the of
control
and
operations
running the team

When it comes to the type of education that a child might receive,
there are various options. Today's parents have more decisions to
make than ever before. The most important consideration for
parents is the environment in which they want their child to be educated, as
well as the effectiveness of the method they choose for their child's preferred
learning style.
When determining what kind of learning environment is best for their child,
parents must also consider the child's specific needs and abilities, as well as
their financial situation.
In-Home education is becoming a popular teaching option for parents and
ensures a more focused learning opportunity. Tutor Doctor is contributing
towards the overall growth of children by extending the dedicated teaching
hours. Offering students of all ages, ranging from primary school to
secondary school to adult university courses the unique opportunity for one
to one tutoring. The tutors at Tutor Doctor employ a unique academic game
plan, paired with the foundational knowledge and skills learned in the
classroom, students have all they need to conquer their educational
challenges.
Trusted One-to-One Tutors
Tutor Doctor never quits
A
Tutor
is for
Everyone
| 14 | SEPTEMBER 2021

The Revolutionary Companies to Watch-2021
| 15 | www.insightssuccess.in

Tutor Doctor understands how
important it is to learn and not just pass
the class. Its goal is to help students
enjoy learning again and become
passionate about their education.
Treasure Trove of Education
With the company's philosophy and
approach, it is able to provide highly
bespoke programmes for each pupil's
individual needs.
The services Tutor Doctor provide are:
• Elementary and Middle school
tutoring
• High school tutoring
• University and College tutoring
• Adult tutoring
• Special needs
• Summer tutoring
• Home-school tutoring
• Veteran programs
• Online tutoring
Uniquely Different
Tutor Doctor meets its students where
they are, in order to help get them
where they need to go. Individually
chosen tutors take the time to
understand the learning capabilities of
their paired students and adapt their
techniques to coincide with all their
needs, at their pace, and on their terms.
Unlike some tutoring services, Tutor
Doctor treats each student like the
individual they are. The organization
knows that every child, teenager and
adult have different learning styles, and
that all learning processes can be
tailored.
"We take the time to understand the
way students' study best and adapt our
techniques to coincide with their needs.
This enables us to build a uniquely
holistic approach to furthering their
educational success, one student at a
time," says the team at Tutor Doctor.
Tariq AlObaidli, Owner and Chairman of
Tutor Doctor UAE is a leading tutoring service
provider and a finalist in the Sheikh Mohammad
Scholars Program by NYUAD for US foreign policy.
He is a former financial analyst with General Electric
as part of their financial management program.
He is a dean's list graduate of finance and banking
from United Arab Emirates University (UAEU).
Tariq AlObaidli is a regular volunteer at Abu Dhabi
events from film festivals to marshalling for the F1
Grand Prix.
Tariq has been active pursuing and participating on
new Educational Programs and Initiatives across the
UAE.
The organization's process
is unique, focusing on
the student's areas
of weakness and
approach to learning

Inspirational
Leaders

Head of Operations, Mr. Suraj Khatri is a seasoned
business and process professional with ~ 12 years of
experience in leading engagements across due diligence, big
data analytics, risk advisory umbrella - internal audits, drafting
policy for education sector, advising Universities on risk
assessment, and control testing.
He garnered client appreciation on all engagements blending
technical expertise and people management skills to ensure
quality deliverables. He is a qualiﬁed public accountant from
Australia, member of Institute of Financial Accountants (UK).
He graduated from HR College of Commerce and Economics.
Mr. Suraj Khatri is awarded as CEO (UAE) of the year 2020
by CEO Monthly Magazine, he also won an 'Excellence in
Finance' award for recognition of their contribution to the
ﬁnancial industry by Finnext in Feb 2020.
Tutor Doctor believes in working in line with
the mission of the Ministry of Education UAE,
to build a pioneering education environment for all age levels
to meet the future demand. By providing the best quality of
education using the innovative tools and technology.
It is focusing on skill development and
provision enabling best service for all customers

Ehab Fedel, Advisor - (Strategy and Commercial
Development), he has more than ﬁfteen years of business
advisory and project development experience in the public and
infrastructure sector. He has led major projects with fortune 500
companies across Europe, North America, and the Middle East and
North Africa region (including Accenture, GE and Siemens).
He has supported various strategic and government initiatives related
to education, infrastructure, and digital transformation.
The organization is with its students
on every step of the way
to guide them through
their educational journey

The
of the
The twenty-first century has
been marked by constant
change and disruption. During
this time, the world has reached
unprecedented successes, which have
had a significant impact on how people
work and live. The internet boom,
scientific advances (personal
computing, entertainment), the
innovation of the mobile phone, the
advent of digital as a platform, and the
introduction of media platforms are
just a few of the game-changing events
that have occurred in a relatively short
period. They have had a massive effect
on how companies function and how
businesses are carried out globally.
All these modifications have had a
substantial impact on leadership's role
in modern organizations. Modern
leaders are now facing a complicated
and ever-changing financial landscape
with the difficult task of leading their
organizations through. These business
strategy forces have an impact not only
on countries, but also on businesses,
markets, segments, and product
characteristics. Leadership is a trait in
an individual that enables a person to
influence people around for achieving
a specific goal.
In today's world, effective leadership
requires a proactive approach to handle
change and its influence on long-term
administrative growth. The constantly
evolving business worldwide has
impacted professional and personal
lives severely. The typical point of
view of corporate leaders being
trendsetters, chiefs, and figureheads are
losing its importance. Leadership
matters even more in such times.
This article will give insights into some
of the problems that leadership will
encounter in the twenty-first century, as
well as the traits that leadership will
need to possess in order to effectively
address these challenges.
Challenges Faced by Leadership
st
Teams in the 21 Century
• Technological Disruption
Technological disruption has
compressed businesses in every
industry, from healthcare to
production to processing. Data
mining companies are building
databases of human DNA to
progress the science of
identification, 3D printers are used
to print complicated building
equipment, artificial human
organs, complete houses, and the
blend of cloud computation and AI
has enlarged the scope of data-
driven choice making.
These are examples of how
technology has interrupted the
norm in the 21st century.
Connected to these technological
disruptions is the advent of start-
ups and entrepreneurship. Start-
ups are nimble, agile and give the
capability to substantially

dislocate industrial models through
different ways of producing and
offering products.
• Geopolitical Volatility
Geopolitical factors can cause
destructive problems to the
company. High geopolitical
volatility can cause stricter rules
from the government to
businesses, which may lead to
bigger cost for organizations to
conduct business in different
geographical boundaries. A
volatile geopolitical environment
can chase away investment and
sink financial assets. Geopolitical
risk has become a threat for
leadership teams as most of the
things are out of control.
• Political and Economic
Uncertainty
When organizations narrow down
the geopolitical risks, the new
problem in front of them is
political and economic uncertainty.
Country environments described
as repeated worker strikes, social
instability, and chaos can have a
seriously detrimental effect on
investments, profits, and revenues.
In today’s century managing
political and economic uncertainty
has become a critical challenge for
leadership all around. Political and
economic uncertainty needs to be
accounted for growth, as industries
progressively look at growing
quicker and start-ups look for
scaling sharper.
• Shifting Demographics
Occurring on a global scale there
have been major demographic
changes, which include an ageing
population, increase in labour
diversity, and changing family
structure. These changes in
demographic structures mean that
the requirement for the industries
services is exposed to constant
fluctuations. There is also a
continuous strain on the industry’s
portfolio of products to stay
appropriate. For leadership teams,
for the growth and for planning out
a viable growth strategy this is a
challenge in terms of producing
forecasts.
st
Key Success Factors for 21 Century
Business Leaders
To be in today’s dynamic business
road, a leader should be able to gel
with different roles with ease. For
example, once they might need to act
like the commander-in-chief and in
another instance, they need to act like a
mentor to the team members. It is all
about versatility while leading and
being able to lead the way no matter
what the situation is.
• Motive
A set motive is the most important
thing while running an
organization. Leaders need to have
a personal purpose, but it should
be aligned with the organizations’
success. An unwavering focus
should be on the company’s
revenue but, a bigger vision should
be embedded in the leader for
success, and it should not include
annual income and profit goals.
Leaders should practice what they
preach if they do not want their
boats to sink. The leader should
have a clear vision. This century
needs such leaders for essential
growth.
• Resilience
It is going to be a much-required
st
trait amongst leaders in the 21
century. Resilient leaders see
failure as an opportunity and a key
point to learn. They have a strong
and positive attitude in times of
instability. A resilient leader
always finds a way to move
forward in times of uncertainty. To
attain undisturbed success, leaders
need to communicate frequently
while holding the long-term
strategic belt.
• Network
Many have the misconception that
only their work will take them
forward, which is partially true.
But having contacts and the right
set of networks will always boost
your business and will lead
towards progress. It might also
help in creating and shaping
different career paths.
Although it seems that leadership
st
in the 21 century is highly
problematic, it can be highly
rewarding when done properly.
Whether it is an individual or a
group, the attributes of efficient
leadership are applicable to both.
Individual leadership is the
successful trait of creating an
impressive role model for a
generation. The organization
constantly needs to train or find
one such leader to acquire a rock-
solid presence.
- Sayali Sangewar

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Comprehensive and Predominant Technology Solution Provider
“
One must not
underestimate
the value of
staying calm
and bounded
optimism
“

Businesses have evolved
tremendously over the years.
There are several factors that
have helped businesses advance
enormously. One of the major factors
is advancement in business technology.
Business technologies like AI and
Blockchain have proliferated
exponential growth for the businesses
to become giant. These technologies
have assisted businesses to ease and
concentrate on the niche of the desired
goal and expand at the same time.
Colan Infotech stands among one
such name that provides tech-savvy
solutions to every field possible. It is
the organization that is blending
technology to adapt to the ongoing
high-tech changing world. Situated at
Chennai, Colan Infotech is led by the
dynamic leaders like, Mohammed
Imran, who has been an asset to the
company.
The Visionary Dawn
The company is a personalized service
provider with business-specific
solutions. Clearly understanding the
concerns of businesses is what Colan
Infotech does. The company does this
by directly addressing technology-
related use case conception, design,
and development challenges, which
will result in quantifiable business
process improvements and an increase
in overall productivity.
Solution Providers
Colan Infotech provides technology-
based solutions to small, medium
enterprises, and fortune 500
companies. Notable technologies that
the company is good at includes:
Ÿ Blockchain
Ÿ IoT
Ÿ Virtual reality
Ÿ Machine learning
Ÿ Augmented Reality
Ÿ Digital Marketing
Ÿ Web Application Development
Ÿ Mobile Application Development
Ÿ Niche Technology
Providing Services to Different
Sectors
The company provides a whole host of
industry-specific IT solutions to
businesses across different industry
verticals, which are as follows:
Ÿ Real estate
Ÿ Manufacturing
Ÿ Supply chain management
Ÿ Banking and finance
Ÿ Insurance and healthcare
Ÿ Education
Ÿ Automotive
It is also an early entrant into the
Blockchain domain; the company has a
deep and fair understanding of the
opportunities, limitations, and
complexities of Blockchain.
The Mantra to Succeed
Creating versatile future talents is what
Colan Infotech is really good at.
Continuous encouragement and
empowerment make its resources to
reach heights in their career. Colan
Infotech provides authority to its
employees to bring actionable ideas to
the table for the growth of the
organization.
Acing the Pandemic
As a business leader, the team at Colan
Infotech believes that the pandemic
situation has taught leaders how to stay
elevated during difficult situations.
“We know that the situation around the
globe keeps changing, we stopped
overreacting to it and upgraded our
mindset in overseeing opportunities
lying in front of us. This behaviour
stopped us from overreacting during
the crisis and we marched towards
success. Our versatile team made us
even stronger both in terms of sales
and resource count. We have increased
to 300+ now compared to before
pandemic scenario,” the team said.
The Changemaker’s Quest
Mohammed Imran the Head of
Operations of the company is
experienced in several things like
account delivery management,
stakeholding and customer
management, agile project
management, program management,
scrum master, project management,
delivery management, people
management, SDLC, and quality
assurance.
He has more than 15 years of software
delivery operation and project
management experience, especially in
a robust and dynamic business model
of small and medium enterprises
(SME) segment, successfully managed
challenges and enjoyed work with a
high level of integrity and
commitment.
Mohammed has built a high level of
confidence with an exclusive
experience of working in a company
from its inception to its decent growth.
He considers himself fortunate enough
to be part of a successful organization,
making a company grow from nothing
to something.
Future Goals
Colan Infotech wants to be a customer-
centric company, the company wants to
make its end customers realize that
they are good with partnership in
providing end-to-end digital solutions.
To achieve this, the company envisions
itself in increasing the team size
enormously thus service its customer
in disruptive technologies.

Green
Circle Life
Empowering Clients to Optimize Health and Wellness
The ongoing impacts of COVID-19 have resulted in
ever-changing guidelines, restrictions, and
mandates in the workplace and in schools, affecting
employees and their loved ones.
As the pandemic continues, companies are now looking to
incorporate a holistic view of health and wellness for a
multigenerational workforce who require and expect
different services from their benefits. Today, there is a
greater emphasis on overall health and wellbeing,
particularly emotional wellness.
Green Circle Life (GCL) offers a solution: SmartFHR™, a
comprehensive wellness, lifestyle, and behavioural change
platform that promotes engagement with existing wellness
initiatives, enhancing them through simpler, more unified
access, integrated communication, messaging tools, and a
range of proprietary features. SmartFHR™ allows
employees and their family members access to company
benefits and services on their journey for better health and
wellbeing.
GCL has developed a software as a service - SaaS -
platform for engagement and communication. SmartFHR™
is a company-branded app and web portal, incorporating all
Human Resources (HR) benefits and services with health
and wellness services through use of single sign-on (SSO).
This integration of services leads to better employee
engagement and satisfaction, which in turn improves
organizational productivity, optimizing employees’ health
and wellbeing.
• Captivating Vision
GCL provides the number one engagement platform,
accessible anywhere from any device, that seamlessly
combines both internal and external managed systems.
Organizations can deliver timely information and content to
individual employees, specific cohorts, or the entire
enterprise to promote company culture to drive
participation in key programs.
The platform features extensive analytical capabilities on
the backend, and dramatically reduces the burden on
internal HR teams who no longer must devote time and
energy to repeatable outreach and administrative efforts.
SmartFHR™ enables users to perform a range of tasks from
the same app, including benefits enrolment, personnel
record management, payroll, time and attendance, wellness
programs, scheduling appointments, and managing health
data.
With the SmartFHR™ app, HR staff can communicate
more effectively, and clinical staff can deliver better
information and guidance to improve outcomes. Increasing
the focus on chronic disease management improves
productivity and profitability for your company.
Greater participation in health and wellness programs leads
to a productive workforce with greater profitability. This
increases the return on your existing investment in benefits
like health insurance and retirement plans, helping you
attract, and retain talent.
• Employee Engagement and Communication
Most organizations have an HRIS or HR employee portal in
place which can be difficult to navigate. Often, these portals
are not updated to reflect new benefits and services, such as
those delivered by a third party. Employees usually have
limited access, especially outside the workplace, and the
company can lack the ability to unify and streamline
communications or schedule proactive outreach on an
individual basis. Communicating in a hybrid office/remote

work environment has exposed a need for HR teams to have
a platform with an effective interface to engage with
employees.
• Access all Benefits and Services
The SmartFHR™ platform provides comprehensive,
centralized dashboards accessible via the SmartFHR™ app
or website, giving employees rapid access to all HR
services and benefits, including benefits enrollment and
selection, total rewards and compensation, prescription and
medical services, job postings, wellness programs, 401k,
HSA, payroll, compliance training, rewards and
recognition, and policy handbooks. Any element of the
employee value proposition can be accessed, engaged, and
managed in seconds.
• Multi-channel Communication
As more employees work remotely, it is critical that their
employer goes beyond traditional communication methods
to show that they care for employees and their families.
Available via the app or on the web, SmartFHR™ features
multiple communication channels, including a visual
dashboard, Bulletin Board, in-app notification, email, text
message, push notification, pop-up displays, and video. It
supports seamless content delivery through resource
libraries, as well as engagement at the individual, cohort,
enterprise level.
Features of the app can be configured according to client
preference and distributed at the client's preferred cadence.
HR personnel can swiftly review the status of all content
and messaging to determine overall engagement.
• Content Management and Distribution
With the power of app-based communications, clients
engage employees in health and wellness initiatives for
better outcomes. SmartFHR™ enables clients to easily
distribute HR policy manuals, benefits guides, training,
handbooks, prevention, compliance literature, and other
information. With the app, clients can deliver emergency
content related to a pandemic or disaster or offer ongoing
updates from management via the appropriate channel.
While the critical decisions about which benefits to select
are typically made at home, it can be difficult for families to
access all the information they need, and the extensive
menu of available benefits can be overly complex and time-
consuming. The platform supports continuous, on-demand
access to benefits, information and gives HR staff the ability
to generate targeted, specific communications outlining the
importance, and value of the benefits plan beyond the
parameters of the enrolment period.
• Workflow Management
The workflow feature guides users to desired actions and
increases productivity with informational and transactional

services. People can build organization-specific processes to
ensure uniformity, compliance, and improved quality.
Because the design is intuitive, the offerings are
consolidated, and the family has direct access to the
SmartFHR™ menu. This makes it easier for employees to
understand their benefits, recognize the investment in their
wellbeing, engage with health coaching, and make truly
informed choices.
• Chronic Disease Management and Care Coordination
Six in ten adults in the United States have a chronic disease
and four in ten adults have two or more. 90% of annual
healthcare expenditures in the U.S., are for people with
chronic and mental health conditions. Lack of effective
population health and risk stratification tools make it
difficult to develop custom programs that engage the at-risk
population.
Typically, single chronic condition-based apps fail to
address many wide range of needs of the individual and do
not engage employee’s families to make meaningful,
lifestyle changes.
GCL offers extensive care coordination and management
capabilities to identify gaps in care across multiple chronic
conditions, addressing them with a single app and
personalized care plan. The platform features a robust
evidence-based disease management suite that includes
population risk stratification, chronic condition
identification, and personalized intervention. For one or
more conditions, employees have access to medical device
sourcing and delivery, remote monitoring with vitals
tracking, and direct access to interactive guidance and
support led by a dedicated team of clinicians-physicians,
nurse practitioners, registered dietitians, and health coaches.
This team provides guidance and preventive care
information along with physical and emotional wellness
support as an integral part of managing chronic diseases
like Diabetes, Blood Pressure disorders, Obesity, Asthma,
COPD, and Congestive Heart Failure.
• Manage Outreach
Drawing on claims and wellness assessment data, risk
profiling and stratification analytics focus on the root causes
of excessive healthcare spending and prioritize high-risk
individuals for more robust, targeted intervention and
guidance. Programmatic recommendations are generated to
produce a healthier, personally accountable, and satisfied
workforce.
• Remote Monitoring and Sharing
All appointment, examination, and biometric testing results
To help people be
healthy and live
productive lives
and, in turn,
make the companies
they work
for more protable
“
“
Dinesh Sheth
Founder & Chief Executive Officer
Bysakh Bhasi
Chief Technology Officer

are loaded directly into individual employee profiles, which
can be augmented and updated in real-time by connected
health devices, trackers, and remote monitoring tools.
• Holistic Wellbeing for the Entire Family
Organizations may lack effective wellness programs or may
have wellness programs that fail to engage most employees
on a sustained basis. They may be looking for an affordable
alternative that can be rolled out rapidly and connected with
internal HRIS and systems infrastructure to encourage
meaningful participation.
SmartFHR™ provides a secure gateway to wellness and
disease management from a single dashboard interface,
empowering employees to curate and review medical
records for their entire family. Mobile dashboards connect
all wellness programs – both internal and third-party – in an
interactive interface, driving utilization, reducing
complexity, and enhancing the value of these investments.
Activities and goal reminders, progress trackers, rewards
and incentives, screening and assessments, gamified
challenges, one-on-one coaching, and healthy living
guidelines can be delivered in-app and integrated into the
individual employee’s daily routine. Clients can activate
these native elements or simply use the app to boost current
program performance.
• Wellness Checklist
GCL offers a simple easy-to-follow personalized checklist
for year-round wellness incorporating assessments, health
screenings, immunizations, preventive care, and chronic
condition management.
• Wellness Assessment
GCL offers a fully configurable wellness assessment within
the SmartFHR™ app to guide employees and their family
members to personalized recommendations and wellness
programs for better outcomes.
• Wellness Challenges
GCL offers flexible individual or team wellness challenges
to drive behavioral modification through specific
measurable goals. Challenges can be configured throughout
the year to address any growing need or challenges of the
organization in a way that is fun and engaging for
employees.
• Wellness Programs
GCL features a complete native wellness toolset, including
weight management, nutrition tools, stress management,
smoking cessation, spiritual and mental health, and even
financial planning.
• Wellness Coaching
The company offers employees and their families
comprehensive wellness coaching through an extensive
library of digital coaching as well as one-on-one live
coaching with GCL's team of Health Partners including
nurse practitioners, registered dietitians, and health coaches.
Ongoing engagement with these Health Partners helps
employees target their unique lifestyle improvement goals,
define their success, and sustain their progress.
The Pillars of Innovation
Dinesh Sheth is the Founder and Chief Executive Officer of
Green Circle Life. Sheth is a serial entrepreneur who has
successfully executed launches of several companies. At
GCL, he has provided industry leadership with innovative
solutions and caring for holistic health and wellness
approach that enables the HR team to go beyond what was
possible before.
Previously, Sheth co-founded uMonitor-Parsam
Technologies, where he served as CEO until its acquisition
by Harland Financial Solutions. At uMonitor, he developed
a range of solutions designed to increase profitability,
improve regulatory compliance, enhance employee
productivity, and reduce costs for financial institutions
while delighting their customers. Sheth led uMonitor's
growth for over ten years culminating in a successful exit.
Sheth also served as president of Software Resource
Consultants, which he co-founded. His previous roles also
include senior vice president of Systems and Technology at
Skywire and vice president of Software Development and
Systems Integration at SkyTel.
Sheth holds a Master of Business Administration in Finance
Sanjay Parikh
M.D. Chief Medical Officer

and Marketing from the Graduate School of Business at the
University of Chicago, a master's degree in computer
science from the Illinois Institute of Technology, and a
bachelor's degree in electronics engineering from the
Maharaja Sayajirao University of Baroda in Vadodara,
Gujarat, India
Bysakh Bhasi is the Chief Technology Officer at Green
Circle Life. Bhasi provides the strategic vision and
leadership for the development and implementation of
Green Circle Life's technology platform. Bhasi plays the
lead role in providing technical leadership in tandem with
the business needs, and in the process identify new
opportunities for further growth in high-quality service
delivery and support for all core technology processes and
services.
Before joining Green Circle Life, Bhasi has held senior
positions in various FinTech companies like Chief
Technology Officer at uMonitor Inc., Managing Director
and Country Head at HFS Software and D+H Solutions.
Bhasi started his career as a Software Programmer at
Siemens Communications Software in 1995. Bhasi has also
co-founded IT consulting companies that focused on web
application development and data analytics, which were
later acquired by major U.S. Corporations.
Sanjay Parikh is co-founder and oversees the health and
wellness operations and clinical aspects of the SmartFHR™
platform for the company. Dr.Parikh is a Pediatric
Cardiologist at the Children's Heart Center at St. Vincent
Hospitals, Indianapolis.
He is board-certified in Pediatrics, Pediatric Cardiology,
and Adult Congenital Heart Disease. He is a fellow member
of the American Academy of Pediatrics and a fellow
member of the American College of Cardiology.
He has won numerous awards and has been selected
multiple times for inclusion in Best Doctors in America,
Best Doctors in Indianapolis (on the list, since 2000) and
Who's Who in Medicine and Healthcare. Dr. Parikh has
been involved in several clinical trials and research
projects. Dr. Parikh has published extensively in medical
journals and professional magazines.
Implementing a Robust Work Culture
Green Circle Life has built its success primarily on
customer satisfaction derived from innovative solutions that
address unmet needs. “Our work culture encourages
creative innovation and incorporates seamless teamwork
across our locations in the United States and India,” says
the management.
“As employee engagement is the key differentiator of the
SmartFHR™ platform, our goal is to create and foster a
company’s ongoing culture of health and wellness. We
understand human behaviour contributes to the overall
success of a company’s platform. GCL’s solution is to
create creative digital health and wellness challenges, multi-
channel communications, and rewards strategies to promote
success,” they added.
The app delivers useful information to drive employee
engagement and includes their families, allowing them to
earn rewards for healthy lifestyles.
“We designed the SmartFHR™ platform, to offer
companies creative and innovative ways to achieve 100%
employee engagement.”
Sustaining in the Midst of a Pandemic
While India survived the first wave of the pandemic due to
an effective national lockdown, the second wave has seen
both urban and rural areas battling different peak periods
and badly in need of oxygen supplies and medical
infrastructure.
Increased deaths followed by a scarcity of vaccinations
have caused an overall strain on the economy and have
taken an immense toll on daily life. The second wave,
which is ongoing, has significantly affected the overall
Indian business ecosystem.
In these unprecedented and trying times, GCL’s office
culture was disrupted as all its staff were required to work
from home. “We were able to provide incentives for home
office and internet connectivity set-ups to ease the burden
on staff," the management informed.
“Despite these challenges, our team was able to fulfil all
client commitments, and we continued to achieve high
levels of customer satisfaction. GCL rolled out some fun,
new wellness challenges among staff that incentivized
healthy lifestyle changes and promoted
vaccinations. We recognize keeping a balanced mind and
body is key to overall wellness in these challenging times,"
the management said.
Upcoming Endeavours
Green Circle Life believes in offering great health and
wellbeing programs, which makes companies more
attractive to future employees. Better communication and
engagement will attract and retain talent. The SmartFHR™
platform and customer base will continue to evolve and
grow allowing companies to serve millions of families.

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Future
of EV in
Commercial Vehicles

Commercial EV
The diesel based commercial
vehicles are the major source
of air pollution. Consequently,
for years, one of the largest
contributors to greenhouse gas
emissions (GHG) has been the
transportation industry. But in the
recent technological landscape, the
market trends are accelerating towards
zero-carbon emitting urban buses,
delivery vans, and electric scooters.
These trends are transforming the
commercial electric vehicle space and
driving the sustainable future for the
globe.

In the recent era, adoption of electric
vehicles among consumers as well as
commercial space is growing. The
advent of new EV companies and
adoption of EV by the existing
automobile manufacturers have
enhanced this growth. These EV
companies aim towards offering the
best design, better process, and
efficient vehicles than the conventional
fossil fuel vehicles.
The electric vehicles do not produce
CO and are safe if their electricity
2
comes from the renewable energy
sources. Many countries including
Canada, US, China, India, and Japan
have already realised the importance of
these commercial electric vehicles.
These countries have electric vehicles
on road. Among these, China is the
forerunner in the usage of e-buses.
Electric commercial vehicles require
less maintenance and there are rarer
breakdowns. These vehicles can be
more compact as the designs are not
very complex. Apart from these
benefits of electric commercial
vehicles, there are many challenges
that our country is facing to adopt EV
completely. Lack of infrastructure is
one of these challenges.
Lack of Infrastructure
The shortage of charging stations in
India is one of the reasons that the
country is unable to switch completely
to the electric commercial vehicle
space. On an average, electric vehicles
take more than an hour’s charging to
cover the distance of 120 to 140
kilometres. The corporate sector has all
the resources required to overcome this
challenge and set up more charging
stations in the country.
The head of Lithium Urban
Technologies, Vikash Mishra said that
functioning on a B2B model helps
them plan charging and map routes in
advance. He also believes that the
companies investing in electric
mobility should consider setting up
charging stations as their ‘moral
responsibility’. Lithium Urban
Technologies introduced India’s first
all-electric taxi fleet.
Government’s Initiatives
In 2019, the Finance Minister of India,
Nirmala Sitharaman announced the
exemption up to Rs.1.5 lacs on income
tax for the people who would buy EVs
on loan. The GST rates on electric
vehicles were also brought down from
12 to 5%.
The government’s policies like FAME
1 and FAME 2 and schemes like PLI
scheme were the major boost for the
EV industry. The state governments of
India are also taking initiatives to
promote the use of electric vehicles.
They are providing concessions to EV
buyers.
These concessions include exemption
from road tax, low interest rates on
loans, financial subsidy, and lower
registration charges. The initiatives for
public transport entities, bulk
purchasing of electric vehicles for the
public sector have been taken by the
government.
The infrastructure has been developed
by the government for charging EVs,
development of battery and EV
manufacturing, and scrapping centres.
Future of Electric Vehicles in
Commercial Space
As electric vehicles are trending in the
automobile industry, their market
shares are also expected to grow
rapidly. The benefit that electric
commercial vehicles offer apart from
reducing environmental pollution is
that these vehicles can reduce the oil
import in the country.
The reduction in oil import in India can
benefit the Indian economy. In India,
electric vehicles can be a one stop
solution to many problems. This
includes problems related to
environment and steep import bills for
oil.
Apart from the benefits mentioned, the
factors which are encouraging the
acceptance of electric vehicles in the
Indian market are corporate
sustainability and low maintenance
cost. In the consumer space, electric
vehicles still have a long way to go due
to the lack of charging stations and
high costs. But in commercial space,
the growth of electric vehicles is
expected.
According to DataLabs, the electric
commercial vehicles are expected to
dominate the market rather than
passenger vehicles. In the study, it is
predicted that the commercial electric
vehicles will hold the 70% of market
share by 2030.
To achieve this target by 2030, the
country needs to create a closed-loop
mobility ecosystem. It needs to
establish a robust supply chain and
bridge the gaps in the charging
infrastructure. This step by the auto
manufacturers is important to make the
shift of diesel vehicles to electric
vehicles feasible. In the future, when
electric vehicles will be aged, there
will be a need for recycling stations to
recover the metal from used batteries.
This step can make the shift
environment friendly.

Paving a Way towards Growth and Development
The COVID-19 pandemic has
left its traces in all the sectors
including the infrastructure
industry, which is a key driver of the
Indian economy. During the pandemic,
overcoming the challenges of supply
chain, restricted travelling, and
protecting the workforce became the
foremost task for the entire industry.
The government of India played an
important role in tackling these
challenges and getting the industry to
its pre-pandemic state. Many
companies have worked in harmony
with the government to overcome the
financial crisis in the country.
The company, which utilised the
government policies and overcame the
challenges of COVID-19 pandemic is
Patel Engineering Ltd. It has carved a
niche for itself and is building
excellence in the infrastructure
industry.
Patel Engineering Ltd., founded in
1949 is one of the most integrated
infrastructure and construction services
conglomerates in India. The company
has been awarded IMS Certificates
(ISO 9001:2008 Quality Management
System, ISO 14001: 2004
Environmental Management System,
and OHSAS 18001:2007 Occupational,
Health and Safety Management
System) by UK-based BSI, and is
committed to the highest standards of
quality, safety, health, and
environment. It is a public company
whose stock is publicly traded on the
Mumbai Stock Exchange (BSE) as
well as National Stock Exchange
(NSE) in India.
Patel Engineering's mission is to be the
pioneer in the industry and a market-
driven organization known for its
commitment towards excellence,
quality, performance, and reliability.
An Exemplified Financier
an industry veteran, Ms. Kavita
Shirvaikar, Whole Time Director
and CFO, with passion for her
profession and over 20 years of
experience in the fields of finance,
accountancy, tax, audit, banking, fund
management, and implementation of
long-term resolution plan, she has
worked for various leading listed
organizations and executed various
complex assignments with ease.
Known for her prowess at successfully
completing complex debt restructuring
and fund-raising proposals in varied
capacity across companies, Kavita is
arguably the first woman professional
in finance field, who has been
felicitated with CFO Awards in 2016,
2017, 2018 and 2019. The bona fide
finance wiz was also among the top
100 finance professionals in India,
according to an annual CFO100
Program organized by CFO India.
Kavita Shirvaikar came on board Patel
Engineering Ltd., as the Vice
President, Finance in 2014 and was
later promoted as Joint Chief Financial
Officer in 2015 and eventually as the
CFO. Within a short span of nearly
three years, she was also elevated to
the Board of Management in 2017.
Over these years, Kavita's core
responsibilities have gone beyond just
managing accounts and finance and
have expanded to include overall
project monitoring and review, risk
management, investor relations,
implementation of debt realignment
plans of Patel Group and review and
implementation of operational best
practices. She has also been a helping
hand to the board members in terms of
formulating the company's future
direction and implementation of a
strategic business plan.
Recently she was bestowed with the
additional responsibility to spearhead
project operations for certain projects
under the execution of Patel
Engineering Ltd. The task involves
project reviews, budgeting, cash flow
management, equipment planning,
liasioning with project authorities and
pushing for construction schedule to
achieve set milestones. She has also
positively got involved in all these
additional assignments as she believes
being at her position, it is not about
only managing finance and closing
accounts but also getting involved in
overall operations of company at
ground level to understand in-depth
company matters and works towards
suitable improvements in various
areas.
Excellent Services
Patel Engineering Ltd. has been
providing clients with reliable
solutions to their most complex
construction challenges. Today, the
company is recognized as a leading
company in the industry for its strength
in traditional construction methods and
for its creative, fresh approach to
cutting-edge technologies and delivery
systems.

It specializes in hydro-electric projects,
transportation projects, water treatment
projects as well as real estate such as
buildings, townships, malls, and
structures. Patel Engineering Ltd. finds
solutions to the challenges of its time
and create the infrastructure for
modern societies.
While it works for governments and
commercial customers, its projects
have helped grow local economies and
improve the quality of life for
communities and people around the
world. Its sub-contractors have now
worked with the company for a good
number of years and have proved their
reliability and dedication to quality
workmanship. Over the years, the
company has grown from strength to
strength, having successfully
completed over 250 projects.
The company supports its clients from
project inception to the commissioning
of the fully operational facility and its
network of local offices that enables it
to offer the clients the dual advantage
of a strong local presence and broad
geographic reach.
Awards and Recognition
"It is in the recognition of the Hardest
working, Technical Expertise &
Passionate Commitment demonstrated
by M/s Patel Engineering Ltd.,
Mumbai towards the successful
execution of LOT-I, II & III works of
TURIAL HYDROELECTRIC
PROJECT, MIZORAM resulting in
timely commissioning of project." -
Letter of Appreciation received from
North Eastern Electric Power
Corporation Ltd. (A Govt. of India
Enterprise)
· SAUNI Yojana Link Water
Project gets awarded for "Best
Executed Water Management Project
of the Year 2017".
· Tuirial Hydroelectric Project
(completed) - Best Executed
Hydroelectric Power Project of the
Year 2018' by 'Construction Times
Awards 2018' on 27th October 2018.
· Lower Solu Hydroelectric
Project (on going) – Best executed
Hydropower project of the Year 2019
by Construction Times Award 2019 on
24th May 2019
Our vision is to deliver
comprehensive and
effective solutions to
clients through our
profound experience and
technological prowess,
while continuously creating
opportunities and
possibilities for employees,
stakeholders, and society
“
“
Ms. Kavita Shirvaikar
Whole Time Director and CFO

Each project is managed by the team of
highly experienced personnel,
incorporating the services of various
professionals in the geographical
surveying and other related fields with
whom it has established an excellent
working relationship.
An Energetic Work Culture
At Patel Engineering Ltd., the team
believes that an individual's career is a
journey, and they strive hard to make
the journey more varied and rewarding
by giving each one an opportunity to
help make a positive change in the
world. The dreams of creative,
challenging, and passionate individuals
are being realized here.
The company operates across
continents virtually in every time zone
and employs about 5,000 people
worldwide. It reflects the rich mix of
cultural connection both with the local
communities it serves and the people
with whom it deals. The team at Patel
Engineering Ltd. is creative blend of
youth and experience. They see
diversity and inclusiveness as an
essential part of their productivity,
creativity, innovation, and competitive
advantage.
Patel Engineering Ltd. offers a
fantastic work environment with rich
culture that is naturally curious, open,
dynamic, and always stimulating.
Employee performance can only
flourish in a sound work environment.
That's why it is committed to
supporting the employees through
systems and policies that foster open
communication, maintain privacy, and
assure health and safety.
"We provide the right opportunities,
the questions, the training, the tools,
the coaching, mentoring and skills like
networking to take our employees to
the next level," says the team of Patel
Engineering.
Acing the Pandemic Challenges
The Covid-19 pandemic has impacted
one and all, both on an individual level
as well as at the corporate level. It has
been more than a year now since the
entire world has been battling this
dreaded virus and it has surely made us
realize the power of mother nature. At
this point of time, it is essential to take
utmost precaution and take all
necessary safety measure to keep
ourselves and our loved ones strong
and healthy both mentally and
physically. The team at Patel
Engineering has strived hard to take
care of all their employees and their
families and have rolled out
vaccination drives for all, who are
associated with the company including
the extended contract workers at all
their sites.
The last one-and-a-half years has had
its share of ups and downs. Various
lockdowns and restrictions, which
were enforced had an impact on the
economy at large. However, the
government of India has been focusing
and has set many policies in favour of
the infrastructure sector in order to
ensure world class infrastructure is set
up in the country.
To stay on top of the game in these
times, Patel Engineering Ltd. always
believed in working with very stringent
timelines for executing works and
mobilizing funds. Moreover, dealing
with the pressing requirements of
clients and bankers has helped the
company tide through the pandemic.
"We as the company have strived
towards achieving all our targets and
goals within the specific time limits
that we set out for us. We have also
strived to keep up to the market trends
and keep ourselves up-to-date to stay
relevant in such testing times," states
the team of Patel Engineering.
Vision Ahead
First and foremost, the most important
goal for the company is to continue to
build on to its order book, which
currently stands at Rs.14467/- crores as
st
on 31 March 2021. The company
focuses on improving on its order
booking going forward and continue
bidding for all major projects.
In view of the recent government
initiatives and the introduction of the
National Infrastructure Pipeline (NIP)
are very likely to give a boost to the
infrastructure industry in the country
and Patel Engineering looks forward to
making the most of this opportunity.
The new orders shall give a good boost
to overall growth of the company and
hence, improve its profitability.
The other goal for the company is to
reduce the debt burden further. It has
managed to reduce the total debt by
more than Rs.3,500 crores in the last
few years. The company is one of the
few entities to come out and stand tall
after undergoing debt restructuring
schemes of SDR and S4A. It is
continuously looking to sell its real
estate and other non-core assets to
repay and reduce debt further apart
from possible reduction of Rs.300-400
crore debt over next 4-5 years. This
would further help increase liquidity
for the company.
It also has plans to merge some of its
subsidiaries with itself, which will help
reduce costs and ensure that the
company get synergies of operations
throughout the group.

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