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.

Monday, October 15, 2018

LOCKHEED MARTIN HOLDS FIRST AEROSPACE & DEFENSE
START- UP SUPPLIERS CONFERENCE IN BENGALURU.
Mr.Phil Shaw,Chief Executive,Lockheed
Martin India Pvt. Ltd., addressing media.

9 Start- Ups and 6 University Teams participated.Lockheed Martin
suppliers interacted with Aerospace & Defence Start Ups,government
officials and University students to discuss global partnership oppurtunities
and India Innovation Growth program (IIGP).

Speaking at the event Mr.Phil Shaw,Chief Executive,Lockheed Martin India
Pvt.Ltd., said," by bringing together established organisations & start ups in 
the aerospace and defense sector to explore what is within the realm of the
possible,Lockheed Martin seeks to further incubate innovation and contribute
to the enhancement of Indian Industrial capability. He said,we want to grow in 
India  and  and he says their experience is good.".

The goal of IIGP is to promote an ecosystem that enables startups to take their
ideas to market through commercialisation.This year,more than 2000 applications
from startups and more than 700 applications from universities were submitted to 
the IIGP from all parts of the country.


Saturday, September 29, 2018

Rashtriya Khel Protsahan Puraskar awarded to ISHA Outreach.

President of India Conferred Rahstriya Khel Protsahan Puraskar
To ISHA Foundation Under "Sports Development Category".The
award was received by Sadhguru,Founder ISHA Foundation.This 
award was conferred in recognition of Action for Rural Rejuvenation
which hosts the annual Gramotsavam sports festival in Tamilnadu 
every year. Over 10,300 people from 880 teams participated in the
Gramotsavam 2017 which has become one of Tamilnadu's most
popular sporting events.

Samsung Launches Galaxy A7 With Triple Camera.

Galaxy A7 has been developed keeping in mind the user's requirement
to capture unrestricted wide angle photos exactly like what one can see.
Galaxy A7 comes with 24 MP main,5MP Live focus & 8 MP ultra wide
cameras.The bold new colours and a side fingerprint sensor deliver a
refreshed design.We are confident that with this device,we will capture
the imagination of the Indian millennial & be able to add to the celebrations
during the festive season says Mr.Aditya Babbar,General Manager,Mobile
Business,Samsung India.

Thursday, September 27, 2018

Dr.AGARWAL'S EYE HOSPITAL LAUNCHES ITS SEVENTH FACILITY IN BENGALURU.

Dr.Agarwal's Eye Hospital,launches its 7th the New State -of -the- Art 

Eye Hospital spread across 6,000 Sq.ft in Koramangala,Bengaluru.
This is the 10th Hospital in Karnataka.The aim of the centre is to
provide One stop solution for all kinds of eye ailments.

Dr.Amod Nayak, Regional Head & Medical Services Director,
Dr.Agarwal's Eye Hospitals,said," some of the significant offerings
of this facility include state-of-the-art modular operation theatre,
precision enabled diagnostic centre,a dedicated cataract operation
theatre & well planned doctor chambers to reduce patient waiting time".

Actor Mr.Jayaram Karthick,was present & took pledge to donate his eyes.

Monday, September 24, 2018

1 MG LIDO MALL BREAKS LIMCA BOOK OF RECORDS.

Foodies from all over Bengaluru,Fitmess enthusiasts,charity homes,
the expatriate community and the film fraternity found themselves 
eager to taste the record breaking 60 ft long sub specially created by
1 MG Lido Mall as part of the foodie fiesta at the Mall.

Mr.Suman Lahiri,COO,I MG Lido Mall said,"being in Bengaluru's
central hub,we are always seeking ways to bring our community closer
together & support social causes.It has been a wonderful experience to
work together & promote community interactions".

Thursday, September 20, 2018

PROPOSED GUIDANCE VALUE INCREASE BY KARNATAKA GOVERNMENT.

Prposed Increase of Guidance Value by Karnataka Government
Some reactions from the Industry Leaders.

Mr.Vishwa Prathap Desu,Sr.Vice President,sales & Marketing,Brigade Enterprises ;
The proposed increase in guidance value of upto 20% will impact the 
end price for customers.The markets have been slowly looking up and
this comes as a dampener.This move may affect the sentiment . We hope  government reconsiders this decision to increase the guidance Value.

Mr.Darshan Govindarju,Director,Vaishnavi Group.
The proposal to increase the guideline values in Bengaluru is "Ill Timed"
and is quite likely to have a direct impact on a market which is otherwise 
showing positive growth. It may well turn out to be dampener for the Bengaluru
residential real estate in general.

Mr.Preenand Premachandran-CEO,Hebron Properties.
Guidance value brings more sanity in the property values.The fact that the
government is raising the guidance value shows that the real estate market is 
picking up now.

Mr.Suresh Hari,Treasurer,CREDAI Karnataka.
Guidance rate increase is very regressive step.Stamp duty should be 
minimum and in line with the value of service rendered & the cost per
unit to a buyer will increase.



Saturday, September 15, 2018

MIMI HOMES - THE HOME FOR  INTERNATIONAL QUALITY  FURNITURE
NOW IN BENGALURU.


A Brand of Singapore's award winning furniture store opens in Indiranagar,
Bengaluru. The store is 5500 Sq.ft spread over  Two floors with vibrant range 
of products sourced from around the world. MIMI is the furniture  & Decor 
brand of  Singapore based WTP -the furniture company, that has over a quarter
century of experience in furniture & interior decor.

The firm has till date installed its products in over 30,000 homes in Singapore,
including that of the  former President of the Country.

Friday, September 7, 2018

PRYSM INTRODUCES LPD 6K-  NEW STANDARD VIDEO WALL.

First of its kind,single panel large format display uses less power 
than a Commercial coffee Maker.

Prysm Inc, a leading display & visual  collaboration solution provider
announced the launch of its Laser Phosphor Display (LPD) 6K Series
in India. 

The new PRYSM LPD 6K features include:

* An immersive,bezel-free viewing experience featuring a high fill factor
   and an exceptional constrast ratio,resulting in striking picture quality.
   Built in interactivity with more than 32 simultaneous touch points.
* A cool to the touch screen with low power intake,consuming atleast 20 %
   less energy than similarly sized LED/LCD video walls with 96% recyclable
   materials.Flexible & offers rollability for easy transport,making it easy to
   deliver & install.
Commenting on the launch,Mr.Amit Jain,Founder & CEO,Prysm said,"Prysm
is committed to bring industry-first experience to the customers.With the launch
of LPD 6K series,we have set a new standard for interactive video walls & user
experience that delivers an unique blend of  visual integrity & interactivity to
inspire new ideas.".

   

Monday, September 3, 2018

WHY SHOULD RUPEE KEEP ON WEAKENING?

WEAK RUPEE- WHY IT IS Rs.71/- AGAINST DOLLAR?

The Indian Rupee is presently quoting Rs.71/- against US Dollar.It helps
the Exporters,NRI's and Indians Living abroad.But a weak Rupee is a
Bane for the people living in the country.Is it due to mishandling or a
deliberate move to keep the rupee weak so that the exporters ,NRI's 
benefit?.India is importing 85% of its fuel requirements and a weak
rupee is affecting the resident Indians as the fuel prices are surging to 
new heights.

I give below how Rupee is valued against small Asian  countries :( One Unit)
1.Malaysian Ringit                  : Rs.17.25
2.Singapore Dollar                  : Rs.51.88
3.Maldivian Rufiaa                 : Rs.4.60
4.Philippine Peso                    :Rs.1.33
5.Thailand Baht                     :Rs.2.74
6.Taiwanese Dollar                : Rs.2.31.

Against Mauritian Rupee ( One Unit) It is Rs.2.06.
Against Seychelles Rupee (One Unit)  It is Rs.5.23.
Against Ghana Cedi   ( One Unit)       It is Rs.14.85.

It is reported that India is going to be the third largest Economy,with its
vast size,Big Consumer market,one wonders why the Indian Rupee should
keep on becoming weak.Internationally,a currency tells the economic
condition of the country. Is weak rupee benefiting only the rich ?.