a) Set up and commence Commercial Operations of N Lounge Bar at Bangalore in Year One. Project has commenced and will start operations in a couple of months.
b) Commence Construction of a Ultra- Luxurious 30 Room, Fully Furnished Serviced Apartment Facility at Chennai in December 2009.
c) Commence Commercial Operations for the Serviced Apartments by June 2011.
d) Complete Capitalization process for Niran Infosolutions and apply and obtain SEBI Registration for Broking in Shares and Securities.
e) Set up and operate Trading Centres in all Major Cities in India.
f) Develop the Land Banks in Ooty, Kodaikanal and other Strategic Tourist Locations for designing and Building Leisure Holiday Resorts and Spa’s in 2010.
g) Complete Construction of the Resorts and start Commercial Operations by 2011.
h) Apply and Obtain Banking License from Reserve Bank of India to commence Commercial Banking Operations in INDIA by 2012.
i) Set up the Banking Infrastructure, develop client market and commence
operations for Investment & Personal Banking.
The key result areas
a) Adequately capitalize and invest in each business of the group and drive the
management to show viability within the first year of operation.
b) Achieve financial closure for the Investor Services and Banking Operations.
c) Optimize Human, Capital and Cash Resources to meet the budgeted revenues
projected in the Business Plans.
d) Set up a Project office to oversee the Construction of the Service Apartments,
Leisure Resorts and Spa’s to ensure scheduled completion of the projects and start
commercial operations on time.
e) Make each Business Self Sustainable within 8 months of commercial operation.
