Wednesday, November 30, 2011

GILLETTE SALUTES THE SOLDIERS.

Bangalore votes soldiers as professionals with the best fusion of five core values such as Courage,Confidence,Camaraderie,Grooming and Integrity.Speaking on the occassion of the launch of special blades,Mr.Sharat Varma,Marketing Manager,Gillette India Limited said."We at Gillette India are extremely proud to felicitate and applaud the heroes of our nation,Gillette recognises that the values of a soldier are present in each and every citizen and we urge citizens to imbibe the values of the soldier more strongly so as to be the best a man can get".

Ms.Malaika Arora Khan and Ms.Radhika Pandit ,the actresses graced the occassion.

Saturday, November 26, 2011

The union Cabinet approves 51% FDI in Multi Brand Retail,thus paving the way for entry of International giants like Wal-Mart,Tesco and few others to operate in the country.
The government has also raised the limit to 100% in single brand retail.
Cyrus Pallonji Mistry aged 43 years is appointed as Vice Chairman of Tata Sons and will eventually take over the mantle of Chairman from Mr.Ratan Tata in December,2012.

Mr.Cyrus Mistry has task cut for him in taking the $83 billion Tata group to further level of growth.
SHRIRAM EQUIPMENT FINANCE CO.LTD.

Shriram Equipment Finance Company Limited(SEFC) is a wholly owned subsidiary of Rs.370 billion NBFC Shriram Transport Finance Company Limited.The Company SEFC caters to the needs of Infrastructure Industry.The company has carved a niche for themselves in the construction equipment finance space in the industry.

The company has so far financed equipments worth Rs.1600 crores with monthly disbursement of about Rs. 165 crores.The company has presence in 110 locations pan India.The company posts a return on equity of around 26% and return on Assets around 4.2% against the industry average of 2.50% as mentioned by Mr.Pratap Paode CEO of the company while addressing the media.

Shriram Equipment Finance Co.Ltd.,offers wide variety of financial products such as,New equipment loans,used equipment finance purchase finance,refinance on existing asset for working capital needs,dealer trade finance,top up loans and imported equipment finance.

The company is participating in the EXCON 2011,an exhibition of the construction equipment industry organised once in two years by CII in Bangalore.

Thursday, November 24, 2011

RESCHEDULING OF RAJDHANI EXPRESS TO NEW DELHION 25.11.2011.

TRAIN NO 12429 TRAIN FROM BANGALORE TO HAZRATH NIZAMUDDIN RAJDHANI EXPRESS TO NEW DELHI SCHEDULED TO LEAVE BANGALORE CITY AT 20.20 HRS ON 24.11.2011 IS RESCHEDULED TO LEAVE BANGALORE AT 01.00 HRS(01.00AM)ON 25.11.2011 DUE TO LATE RUNNING OF ITS PAIRING TRAIN.

Saturday, November 12, 2011

WHY BAIL OUT KINGFISHER AIRLINES?

The Kingfisher Airlines is in a financial mess which is their own doing.The airlines and their promoters got their business strategies wrong and for this why should Indian tax payer bear the brunt.The government does not think twice while increasing the petrol prices and donot care for the suffering of the poor and middle class people.But they are quick to talk to the banks for bailing out the airlines.

Only 3% of the people in the country travel by air and the rest travel either by train or by road.Hence, the government should concentrate on improving the infrastructure of railways and the roads.The promoters of Kingfisher airlines i.e Mr.Vijay Mallya has a very prosperous liquor business as he is the king of good times.The promoters of the airlines knows that the banks/Public have a huge financial exposure in the airlines and hence,the airlines has become the liability of the banks and the public.Mr.Vijay Mallya is busy investing his money in F1 car racing and investing in IPL.It is reported that the promoters of Kingfisher airlines have already gone back on the commitments they made when the banks made debt restructuring last December. Hence, the government should not force the banks to bail out the airlines.