Sunday, May 31, 2015

RAYMOND FURNISHING COLLECTION OFFERS A WIDE RANGE OF OPTIONS TO EMBELLISH YOUR HOMES
IN UNIQUE STYLE.THE NEW COLLECTION OF FURNISHING FABRICS HAS CONTEMPORARY 
UPHOLSTERY CURTAINS,SHADES & DESIGNS.
DISCOVER THE MYRIAD OPTIONS OFFERED BY RAYMOND FURNISHINGS TO MAKE HOME A TRUE EXPRESSION OF ONESELF.

Saturday, May 30, 2015

Dr.Nagendra Palle (centre)Mr.Yatin Chadha(left),Mr.Maghesh Kumar(right)
Mr.Tony Raj(extreme right),Mr.Vivek Gupta(extreme left)
MAHINDRA FIRST CHOICE WHEELS-INDIA'S NO.1 MULTI BRAND CERTIFIED USED CAR COMPANY.
INAUGURATES TWO AUTHORISED 
DEALERSHIPS IN BENGALURU.

Mahindra First Choice wheels
Ltd.,has a net work of 507
franchisee outlets spread across 276 locations in the country.
The company is growing
at the rate of 35% by volumes
over the last 5 years.
The company has launched a
new product called the
Indian Blue Book (IBB)
which is India's first and only
used car pricing guide that incorporates transaction data with an analytical engine.
"With a vision to create an used car eco system,we are enhancing & leveraging our 
physical and online presence and are best positioned in the auto industry to deliver a 
"Brick & Click synergy interface for an unique customer experience"says 
Dr.Nagendra Palle,Managing Director,Mahindra First Choice Wheels Ltd,.
The company has a network of 7 dealerships in Bengaluru and 16 in Karnataka.
Buying an used  car from Mahindra First choice  includes quality assurance
safety and a hassle free driving experience says the company. The Company 
has Warranty proucts like like Warranty first,Certifirst and Certifirst+.

Tuesday, May 26, 2015

                           

         BENGALURU TO HOST 'PATA TRAVEL MART 2015'.
From 6th to 8th Sptember,2015.        

         Venue: Bangalore International Exhibition Centre.

Sunday, May 24, 2015

FIRST EDITION OF INDIA MRO-
AEROSPACE & DEFENCE TO BE
HELD IN BENGALURU ON
1st AND 2nd DECEMBER,2015
AT HOTEL LALIT ASHOK.

The MRO industry is worth 800 million
USD as on today. The MRO industry as on today is called Maintenance,Repair Overseas and the country spent USD 800 million.
A small country like Singapore earned USD 8 billion by offering MRO services.
Sri Lanka is doing MRO services to one of the Indian carriers.The moot question is
why India is lacking &  why no successive governments did not evince interest in 
this industry?.Was there any vested interests stopping India becoming an important
MRO Hub?.

The problems MRO companies facing are 1. The MRO services are not recognised as
an Industry.2.The Taxation/Custom procedure  & bureaucratic hurdles make this
industry an unviable proposition to those who wish to do it.Presently,as per the 
industry circles,India's share in the global MRO business is only 1%. With an
estimated spend of USD 20 billion on military aircraft by India over the coming
5 to 7 years,and India being one of the fastest growing civil aviation markets & 
slated to be the 3rd largest aviation markets by 2020,there is huge potential
for the MRO industry.This event is aimed at  bringing the industry leaders,
government officials,regulators,airline officials,MRO professionals,legal
experts to discuss & debate on various issues revolving around the Indian 
MRO industry.With the PM's vision of "Make In India",the Indian MRO 
industry will focus on contributing immensely towards this national goal.

Friday, May 22, 2015

Launching of "JEWEL OF INDIA" range of five exotic
perfumes inspired by the diverse & multi cultural facets
of incredible India.
AJMAL UNVEILS ITS FIRST EXCLUSIVE BRAND STORE IN BENGALURU.

The largest multi storeyed store near Commercial street Bengaluru to
cater to its growing clientele.

Ajmal,a renowned name in the  
world of perfumes,announces 
the launch of its 24 th exclusive 
stand alone speciality outlet 
in Bengaluru.

While launching  "Jewel Of India"
Mr.Sirajuddin Ajmal,Director,Ajmal
India said," we chose Bengaluru to 
unveil the first of its kind of store
to cater to the increasing clientele.
This is a high point in Ajmal India's journey,as we diversify into other product lines."
While addressing media,Mr.Sirajuddin Ajmal said that the present turnover of the
group is Rs.100 crores,of which Rs.65 crores is through exports.They are planning
to come out with IPO in 2021.They are spending sizeable amount in R&D and they 
would like to have about 100 exclusive outlets by 2020.



Thursday, May 21, 2015

BRIDGE INDIA FOUNDATION ANNOUNCES FUND RAISER GOLF TOURNAMENT.

Bridge India Foundation is a NGO registered as Section 25 Company under
Companies Act,1956,The focus of the foundation is to train volunteers,the students  from affluent schools to become more sensitised to the needs of the  society & also to share the joy of 
Caring & sharing at the tender age.Bridge India Foundation is already working with 7 schools in Bengaluru & Chennai.
More than 1850 students have been engaged so far and have benefited from the program.

They wouldlike to scale up their operations to help & create a more inclusive & better 
society in the future says Mr.Shanmugam Nagarajan, Founder & Chairman,Bridge India.

We are in the process of scaling our operations to more than 25 schools in 3 to 4 
cities this year.We are conducting our first fund raiser Golf Tournament on 23rd May 
at Prestige Golfshire,Nandi Hills.This event will help us to reach our target funds for
scaling up our operations next year.- says Mr.Murali R Rao,CEO,Bridge India Foundation.


Mr.Ahluwalia(extreme left),Mr.Shanmugam Nagarajan,Chief People Officer[24]7
with Rtn.Murali.R.Rao,(extreme Right) & Ms.Margherita de Cles,Event Coordinator

Thursday, May 14, 2015

Mr.Shivraj Kumar, launching Godrej Expert.
Mr.Chetan Gore,Executive President-Marketing
Personal Care,Godrej Consumer Products Ltd.(seated)
GODREJ LAUNCHES 10 MIN
GEL FORMULA-GODREJ EXPERT.

India's leading hair colour brand
Godrej Expert unveiled the new
& improved Godrej Expert Powder Hair Colour in Bengaluru.

The new version of 10 MIN Gel 
Formula is non drip,hassle free & 
delivers soft,shiny and natural black 
hair with 100% grey coverage in just 10 minutes.

The new Godrej Expert was launched by Shivraj Kumar- leading Kannada film
actor.

Wednesday, May 13, 2015

Mr.Kishore Sansi,MD & CEO,(centre) with Executive Directors
Mr.K.R.Shenoy(Right) &Mr.B.S.Rama Rao (Left)
VIJAYA BANK-FINANCIAL
RESULTS 2014-15.

Dividend declared:15%.

Total Business of the bank
reached Rs.2,14,035 crores.

Other Income up by 43.77%

Net interest income up:18.41%.
Gross NPA : 2.78%.
Net NPA     : 1.92%
Provision Coverage ratio:64.01%
Operating profit  up by 14.07%.
Treasury income :Rs.298 crores.

Cost of Deposits: 7.99%
Yield on Advances: 11.77%. The bank functions  at a margin of 3.78%.
Earnings per share: Rs.1.13%.  Book Value :Rs.68.95.



Sunday, May 10, 2015

SYNDICATE BANK FINANCIAL RESULTS FY 2014-15. DIVIDEND DECLARED:47%.

Earnings per share : Rs.24.38.Book Value :Rs.197.24.Return on Equity:Rs.13.30.

Gross NPA:3.13%,  Net NPA: 1.90%.  Return on Assets:0.58%.  Net Interest margin:2.38.

Deposits: Global : Rs.2,55,388 crores,      Domestic :Rs.2,25,402 crores.

Advances:Global: Rs.2,05,804 crores,      Domestic ; Rs.1,65,153 crores.

Operating profit:  Rs.4007 crores (an increase of 12%  y-o-y).
CASA Deposits grew by 14% (y-o-y) to Rs.63,671 crores.
The Business Mix of London Branch is: Rs.70,637 crores -Growth of 22%.
Bank's Branches; 3552.,   Rural:1150, Semi Urban:936, Urban: 783, Metro : 682.

Regarding reduction of lending rates by the bank,Mr.T.K.Srivastava,Executive 
Director  said,"Though few major banks have reduced the lending rate marginally,
many banks have not been able to reduce the lending rate as cost of funds are not 
coming down & credit is not picking up on expected line".
Mr.T.K.Srivastava(Left) & Mr.R.S.Pandey Executive Directors
of the bank addressing media.

Friday, May 1, 2015




 TOXIC FOAM OVERFLOWS FROM VARTHUR LAKE
IN BENGALURU, NEAR POSH WHITEFIELD  AREA ,  VERY CLOSE TO THE LOCATION OF TECH COMPANIES BENGALURU IS KNOWN FOR.

It is high time that the City Corporation immediately attends
and take steps to clean up the lakes,treat the sewerage water
before letting it into the lake.Bengaluru is an international city known world wide for its talent, tech companies,R&D centres,Research institutions,centre for Space,aero space,and other leading institutions.
Photos Courtesy:Taken from various sources.