Friday, December 7, 2018

RE/MAX INDIA TO INVEST Rs.100 CRORE BY 2020 FOR EXPANSION PAN INDIA.

PLANS TO EMPLOY 5000 BROKERS IN NEXT 5 YEARS.

About Re/Max : It is an American  International Real Estate Company
that operates through Franchise system.The Company is Head quartered
in Denver-Colorado,USA.

Re/Max India plans to open 500 offices  in India in next 2 years.
Mr Gaurav Marya,Managing Director/CEO,Re/Max  India said,
"We are happy to be a part of Real Estate Sector revival.The real
estate market in India has shown a positive growth which is expected
to reach US$1 Trillion by 2030. The sector is expected to contribute about
13% of the country's GDP by 2050.We hope to attain 5% share of the total
Real Estate broking market in India in the next 5 years".

Thursday, December 6, 2018

SMART WORKS OPENS OFFICE IN BENGALURU.

SMARTWORKS INDIA'S LARGEST AGILE WORKSPACE PLAYER
LAUNCHED FLAGSHIP FACIILITY IN BENGALURU SPREAD OVER
3 LAKH SQ.FT WITH 6000 SEATS.


This facility is located in Global Technology Park,Bellandur, an IT Hub 
in Bengaluru.One of the key highlights of this centre is the introduction
of " Smart Mitri" the world's first female AI Robot.Smart Mitri will be
Smart Works' In - House  productivity mascot & will play an influential
role in handling the overall office management for the facility.This is 
Smartwork's second facility in Begaluru,the first one in Cessna Business
Park.

The Smartworks facility is combination of modern aesthetics with the 
latest technology and a high emphasis on safety,wellness & productivity.
Commenting on the launch,Mr.Neetish Sarda,Founder,Smartworks 
said," smartworks is tapping the vast potential of India's Tech capital 
by building its futuristic Hassle free office experience in Begaluru on
an unrivalled scale".He further said,unlike other agile workplaces
Smartworks offers its clients a cost advantage of upto 30 -40% achieved
through technology intervention that keep operating costs low.With 20 
locations across 9 cities,the firm caters to more than 500+ organisations
across large enterprises,SME's & startups.


LIA FRAGRANCES FROM NR GROUP LAUNCHES CAR FRESHNERS.

INTRODUCES CAR DASHBOARD GEL & VENT GEL.

Lia's Latest car freshner  range is powered with an impeccable
technology in an unique gel formula with a long lasting effect.
Both the products are available in a variety of fragrances,
providing a host of aromas for the consumers to choose from.


The new Lia Dashboard gel is backed with a  Cold Diffusion
Technology & is available in  Sea shore Amber Spice,Floral  
Fusion and Fruit Burst fragrances.The Brand's Vent Gel
freshner is designed with an Air Diffusion Technology,in
Citrus,Zest,Royal Rose,Blue Berry & Sea Shore Aromas.

About NR Group: The Mysuru based NR Group was founded 
by Mr.N.Ranga Rao in 1948.The Group's Cycle Brand Agarbathis
has become the largest selling incense stick brand in the world.

Tuesday, December 4, 2018

IS IT NPA OR NPL ?

                                                                   BANKING NPA'S.

Of late we are hearing frequently about banking NPA's.In the 
banking parlance,Loans are assets which should perform so
that repayment to the banks  are regular.For a layman,asset
is an asset whether it performs or not.Assets can be current assets
like stocks,receivables & which can be liquidated at short notice.
There can also be assets like Building,factory,and also machineries,
which can be called as Fixed assets.

Hence, the question arises,who is responssible for the assets to
non perform? Is it the promoters.Management,employees, Banks,
or the markets they operate?To this,the answer is clearly the promoters 
as they control/Manage the companies.

In this context ,is it correct to call it as Non Performing Loan instead
of Non Performing Asset ?

Monday, December 3, 2018

SALVE REGINA CHARITABLE TRUST CONDUCTS FREE MEDICAL CAMP.

Salve Regina Charitable Trust in association with Akash Hospital & Akash
Institute of Medical Sciences & Research Centre conducts Free Medical
Dr.Regina Seelan,President,Regina Charitable Trust with
Rev.Fr.Arokiaswamy,Parish Priest Lady of Lourdes Church.
Camp on 02.12.2018 .The Camp was held at Our Lady Of Lourdes Church
Cambridge Road,Ulsoor,Bengaluru.

Rev,Fr.Arokiaswamy Parish Priest,Lady of Lourdes Church inaugurated the
Medical camp.Free Facilities were provided  were:
1.Gynaecology,2.ENT,3.Dental,4.Opthalmology,5.General,6.Orthopaedics
7.Dermatology, 8.Diabetic & & also services of  a Neuro Surgeon. Free B.P,
ECG, & Blood Sugar levels were also tested.




Wednesday, November 28, 2018

WIPRO LIGHTING PARTNERS WITH SCHREDER.

Wipro Lighting,a part of Wipro Consumer Care and Lighting signed
Mr.Carl Watson,Chief Regional Officer,AMEA,Schreder(left)
and Mr.Anuj Dhir,Vice President,Lighting Business,
Wipro Consumer Care & Lighting (right) addressing media.
a Premium Partnership Agreement with Schreder,a leading global
Lighting Solutions Company.Under the agreement,Wipro Lighting  can
market Schreder Lighting Products & Solutions in India.

As a premium partner,Wipro Lighting will market Smart City products
and beyond Lighting solutions along with Wipro brand portfolio.Beyond
Lighting Solutions is an IoT based applications for smart cities and
smart campuses.

Mr.Anuj Dhir,Vice President,(C&I),Lighting Business,Wipro Consumer care
and Lighting,said," Smart cities is an important mission for the government
of India .The objective is to enhance the quality of living for citizens through
efficient use of  technology and Lighting solutions".

FRENCH HIGHEST CIVILIAN HONOUR FOR AZIM PREMJI.

AZIM PREMJI,CHAIRMAN,WIPRO LIMITED RECEIVED
THE HIGHEST FRENCH CIVILIAN DISTINCTION,
CHEVALIER de La Legion d' Honneur (Knight of the Legion of Honour).
From the Ambassador of France to India H.E.Alexandre Ziegler.

In his acceptance speech,Mr.Azim Premji, said," I am extremely honored
by the award bestowed on me.The vibrancy of the French Democracy & its
diversity is an inspiration to all across the world".

EXXON MOBIL ANNOUNCES ITS ASSOCIATION WITH 2.0 AS THE ENERGY PARTNER,

EXXON MOBIL LUBRICANTS PVT.LTD., IS SET TO EXPAND
ITS PRESENCE IN INDIA.

India is one of the fastest growing Lubricant markets in the world.
EXXON MOBIL  in association with 2.0 as energy partner aims to
engage its consumers,trade partners and employees through marketing
associations that reflect the Mobil brand promise.

Commenting on the association,Mr.Deepankar Banerjee, CEO,Exxon Mobil's
Lubricants business in India said," We are extremely pleased with our 
association with 2.0 .This association is just one of the many brand 
associations we will launch in India."

Friday, November 23, 2018

JSW STEEL'S VIJAYANAGAR UNIT WINS THE DEMING PRIZE.

Dr.Vinod Nowal,Dy,M.D (Centre),Mr.Rajasekhar Pattan Setty,
President,JSW Steel ( extreme right) & Mr,Murugan,Executive
Vice President,(Extreme Left)
JSW STEEL IMPLEMENTS TQM AT VIJAYANAGAR WORKS UNIT.
ON TACK TO IMPLEMENT TQM AT DOLVI & SALEM UNITS BY 2020.

JSW Steel,the flagship business of the US$13 billion JSW Group has implemented
Total Quality Management (TQM) at its Vijayanagar works as part of its journey
towards quality excellence.

Commneting on JSW Steel's TQM focus,Mr.Seshagiri Rao,Jt.Managing Director,
JSW steel & Group CEO siad," Our TQM implementation has been specifically
focused on building and strengthening the problem solving capabilities of our
employees at Vijayanagar.The Deming Prize is a testimony of this."

Dr.Vinod Nowal,Dy.Managing Director,JSW Steel said," We have a strong proactive
customer oriented quality assurance teams across our manufacturing units.
In all,our organisation ensures quality at every touch point to every
customer & stakeholder".

Saturday, November 17, 2018

EATON TECHNOLOGIES PVT.LTD.BREAKS GROUND IN BENGALURU.

EATON TO BUILD ITS FIRST AERO SPACE MANUFACTURING FACILITY.

Eaton,a Power Management Company with a sales of $20.14 billion in 2017
is all set to build its first Aerospace manufacturing facility at KIADB Aerospace
Mr.K.J.George,Minister for Industry,
Government of Karnataka addressing the gathering.
SEZ near Devanahalli in Bengaluru.

"India has an untapped potential to fuel our Aerospace business market growth
in the APAC  region " says Mr.Nitin Chalke,President,Vehicle & Hydraulics,
APAC,EATON. Eaton's new site in Bengaluru will manufacture standard
hose assemblies & serve commercial,business & regional aircraft customers.
The site will provide significant opportunity to win new business on military
platforms as part of India's offset policy.

The facility to be built over 2.75 acres of land at the KIADB Aerspace SEZ will
be operational in the second half of 2019.

Sunday, November 4, 2018

INDIA SHELTER OPENS ITS FIRST BRANCH IN BENGALURU.

INDIA SHELTER FINANCE CORPORATION LIMITED
OPENS ITS FIRST BRANCH IN NELAMANGALA,BENGALURU.
From Left:Branch Manager,Mr.Sabari Abhilash
Business Head-South, & Mr.Deoraj Director- HR &Sales

India shelter was established in 2010,as a Housing Finance Company 
& has 75 branches across 11 states.The Company has over 900 employees & disbursed
over Rs.1000 crores. India shelter's key investors are Sequoia Capital,Nexus 
Venture Partners and West Bridge Capital.They disburse Home loans for Rs.5 lakhs to 
Rs.50 lakhs and also Loan against property.

Wednesday, October 24, 2018

NAR-INDIA 10th ANNUAL CONVENTION 2018 IN BENGALURU.

PANEL DISCUSSION.
NAR-INDIA 10th ANNUAL CONVENTION 2018 HOSTED BY
BANGALORE REALTORS ASSOCIATION-INDIA .


Speaking at the Convention,Mr.Farook Mahmood,Founder President
& Vice Chairman NAR _ India,said,"the Indian Real estate sector is the
country's second largest employer & is slated to grow at 30% over the
next decade.He further added that real estate sector donot sell only
spaces but sell ideas ".

 NAR (National Association of Realtors-India) is the apex body of
Realtors in India & collectively has over 50,000 members.