Friday, December 25, 2009

JITO to Help Housewives, Enterprising Jains

Mumbai: Are you a small entrepreneur, or a housewife with savings under Rs1 lakh and belong to the Jain community? Here is good news for you. In the fourth annual global summit, organised by the Jain International Trade Organisation (JITO) -- a two-day Financial Supermarket -- starting December 24, will cater to the community's young entrepreneurs.

"Our team comprises of CAs, financial advisors, bankers and lawyers. They will help the investors with their businesses and assist them to come out with an IPO for less than Rs25 crore. Housewives with savings under Rs1 lakh will be given opportunities to invest and earn more," said Hemant Shah, JITO president.

Prominent Jain businessmen, service providers and financial leaders will be participating in the meet. "We plan to help many Jains to corporatise their businesses," said Pratap Jain, CEO, JITO.

The meet will see financial advisors like State Bank of India, Bank of India, JM Financials Limited, Enam Securities Pvt Ltd, SBI Capital Market Limited, etc giving in-principle approval to all projects. "JITO will act as a platform for facilitating the projects," said Ganivarya Nay Padmasagarji Maharaj.

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