Diversifying The Wise Option Chosen By Panoramic Universal Ltd.}

Submitted by: SURAJ Nair

In recent times the foremost quick growing company is none other than Panoramic Universal Ltd. For the company Mr. Sudhir Moravekar, the managing director has played very important part in the companys success. The corporate has been purchasing & acquiring several hotels across the globe. Panoramic universal Ltd. has been eagerly concerned in acquiring properties in New Zealand and USA.

Panoramic Universal Ltd. currently manages hotels that spread across India. Additionally the corporate have hotels situated in North Carolina, New York, Ohio and Auckland. The corporate believes in offering the most effective services, facilities and comforts. All these are the reasons of the companys rapid growth all these years. The facilities offered in each and every hotel are the best in their category. Panoramic Universal Ltd. manages hotels & resorts that are situated in many places including at Karnala, Shirdi, Malvan, Thane, Mysore, Goa, Kerala & Pune. A number of the amenities offered in these hotels include twenty four hour cafe shop, discotheque, multi-cuisine restaurant & swimming pools.

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Panoramic Universal Ltd. additionally has a holiday scheme for the company’s prospective investors managed by a subsidiary called Pancard Clubs Ltd. Pancard Club Investment scheme is formulated on time basis. Company offers accommodation rights in their hotels for a set period of years/months to the investor at a value which is very less when compared to the market price. Here the investors will be utilizing company’s properties in India solely. The investment tenure ranges up to 10 years. Aside from the investment scheme, company additionally offer some extra advantages to its investors. Extra advantages include accidental death & life insurance policies, medi-claim and discount cards. The corporate was in news in last decade coz it was been wrongly accused of fraud cheating & scam. The bruit was that the company, Pancard Clubs Ltd. wasn’t a subsidiary of the corporate. The investors yenned concerning their investment in the company. This grapevine affected the corporate to extent that they were criticized by members and public without knowing the fact. The corporate wasn’t summoned legally because it didnt default its members. Panoramic Universal Ltd. has also several developing projects across India.

The company additionally has its own Herbal product & information technology divisions. Their IT division offers software development services to firms that are mid-sized. A number of software developed by the corporate includes real estate management software, Payroll Management, HR-Pro, Multilevel/Network marketing, Habitat-Society management/Accounting, & Recruitment management System. Some of the areas they provide their development services include commercial, distribution and manufacturing, airlines, hospitality and many other service companies. Herbal division is operated underneath the management Pan Herbo limited. Herbal product manufactured & distributed by Panoramic Universal Ltd. include hair oil & shampoos, hair cap capsules, wrinkle free, fairness & winter creams, body talc and body care capsules.

The purpose for which the company diversified was to extend the profitability of the company. Despite the fact, companys primary business activity is hospitality, the herbal & IT sectors are springing up in an exceedingly constant pace.

About the Author: Cowessess wayna writes about traveling and Budget hotels with premium services of Panoramic Universal Ltdshe focuses on holidays/vacation rentals with savings.

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