Friday, November 29, 2013

  SABIC  Opens its SABIC Technology Centre in Bengaluru.



Mr.Mohamed H Al-Mady,Vice Chairman & CEO addressing Media.
Prince Saud bin Abdullah bin Thenayan Al-Saud,chairman SABIC and Chairman  of 
the Royal Commission for Jubail & Yanbu inaugurates the centre.

The Centre with an initial investment of US$ 100 million is one of 17 SABIC global R&D centres of excellence.The STC,with an area of 1,87,000 Sqmetres  will have 
300 scientists,of which 150 will be Ph.D's. This centre will focus primarily on 
diverse areas of research in Chemistry,material Science,process engineering,analytical & application technology.

This Centre will support business as a strategic centre of excellence to cater to
global & regional needs.The Governor of karnataka Mr.H.R.Bharadwaj, and
Union Ministers Mr.Rehman Khan and Mr.Shrikant Jena were also present.

Wednesday, November 27, 2013

INDIANS CAN NOW SET UP OFFSHORE COMPANY IN AJMAN,UAE.

Offices in Ajman free Zone available for as low as US$555 per month in 24 hours.

Over 8000 companies are registered and operating Ajman Free Zone ,of which,38% are of Indian Ownership. 

20 years land contract,renewable for another 20 years (4 decades of tax free .
operations).One can own an ooffice,warehouse,or land and get trading  license (commercial license for import & export).Service License,industrial license etc. Further,e-Commerce transactions are surging in the region and Ajman Free Zone Authority offers e-commerce license to its customers at a price far lower than other free zones.

Monday, November 25, 2013

                                                            INCLUSIVE GROWTH OR DIVISIVE GROWTH.

 Every day we hear the ministers,political leaders and the media talk about inclusive
 growth.Inclusive growth is, we all grow together with equal oppurtunities to all and
 creating an eco system for the talents to bloom & prosper and no one in the society
 Is either suppressed or oppressed. The United states of America is one such  
 example of a country which has the eco system for equal oppurtunity.This is the 
 essence of true democracy.

 Now, let us ponder whether  we,as a country as an eco system for equal
 oppurtunity .The answer is -NO. India is a free country for the last 66 years.It is
 true we have grown in all fields.But is it sufficient to sit and relax as a country       
 of 1.2 billion people and 1.2 billion aspirations.Our society is fragmented and there  
 is mistrust between and amongst the members of Indian society.Hence, what     
 needs to be done to integrate and to set common goals for the development of the   
 country as a whole,This should be the agenda for all the political parties, thought  
 leaders and the media for  the General elections to be held in 2014.Let us not   
 divide the country for the sake of Vote banks.Let us learn from the history of the
country.We were invaded by Muslims ,by Greeks,the French,the Portuguese and
finally the British who ruled our country for more than a century.

Thursday, November 21, 2013

Mr.Vipin Sondhi,M.D.&CEO JCB India addressing media.
JCB India Limited started operations in 1979 and is the fastest growing company in the earthmoving & construction equipment industry.

JCB SHOWCASES 19 NEW MACHINES AT EXCON 2013.

At EXCON 2013,JCB, showcases JS81,JS120,JS205,JS145,JS220LC,JS205LR & JS30 Mini Excavator. Apart from the world leading products,JCB,will also have a dedicated Innovation Centre at the 
stand which will showcase a 3D virtual tour of JCB's world class facilities.

Monday, November 11, 2013

Mr,Upendra Kamath CMD with Two Executive Directors addressing Media
VIJAYA BANK PERFORMANCE HIGHLIGHTS FOR HALF YEAR ENDING 30.09.2013.

* Deposits Rs.1,07,936  crores .
* Advances Rs.71,434  crores.
* Net interest income     Rs.1062.32   crores.
* Net Profit Rs.268.68 crores.
* Operating profit up by 27%.
* Yield on advances 11.49%
* Gross NPA 2.77%
* Net NPA     1.75%
* Total branches :1457
* Total ATM's     : 1001


Guidance for 2014:
* The bank aims to reach Total business of Rs.2,00,000 Crores by December,2013.
* The bank branches to increase to 1500 by December,2013.
* Continuous monitoring of the credit portfolio by the bank to avoid fresh slippages.
* To increase fee based income.
The Chairman & Managing Director Mr.H.S.Upendra Kamath said,"The bank is on
growth trajectory and with the steps initiated and strategies adopted,the bank is 
poised to post further improvement in performance".

Tuesday, November 5, 2013

INDIA'S MISSION TO MARS LAUNCHED SUCCESSFULLY.

India joined the elite club by launching the PSLV C- 25. Till now only USA,Russia & European union have undertaken the mission successfully.The mission which costs Rs.450 crores ($73.5 million) is India's first inter planetary mission to Mars.

We as Indians should be proud of this achievement and congratulate the entire team of ISRO scientists.
HATS OFF TO ISRO.