Tuesday, December 20, 2016

MY HOME INDUSTRIES PVT.LTD.,UNVEILS NEW LOGO.

My Home Industries Pvt.Ltd., is one of the largest cement companies in
South India with factories located at Nalgonda district,Telengana,Kurnool 
and Vizag districts.MHIPL is a 50:50  joint venture with CRH Plc.Ireland.
The Company's total capacity is at 8.4 million tonnes.With the commissioning
of new plant at Tuticorin,Tamilnadu,the total capacity will become 10 million
tonnes per annum.

Addressing media,Mr.S.Sambasiva Rao,Executive Director of the company 
said," As we unveil the new brand identity,we are confident that this measure
will create a significant impact on the business & support the aggressive 
expansion plans in terms of new markets,premium positioning &
production capacity."

Wednesday, December 14, 2016

JET AIRWAYS TO LAUNCH DIRECT DAILY SERVICES
FROM BENGALURU TO SINGAPORE & COLOMBO.

Jet Airways,India's Premier International airline announced the launch 
of direct daily flights from Bengaluru to Singapore & Colombo from
December,14,2016.

Bengaluru will be the second Indian city after Mumbai to be linked to
Colombo.Jet Airways flight 9W 278 will depart Bengaluru's Kempegowda
International Airport at 0040 hrs & arriving Colombo at 0210 Hrs (local time).
The flight 9W 277 will leave Colombo at 0310 hrs (local time) to arrive in
Bengaluru at 0435 Hrs (local time) giving the travellers time to do their
business.

Monday, December 12, 2016

The Institute of Company Secretaries of India Inaugurates
the THIRD CS Acceleration Centre in Bengaluru.

Ms.Mamta Binani,President of ICSI inaugurates the Centre.

CS Acceleration Centre is purely a Training & Academic Initiative
of ICSI to groom the young professionals joining the CS profession.
It will be a non commercial activity & is intended to provide a service
to the members of the institute as part of their professional development.
This initiative is under the " "Start Up India","Stand Up India"campaign
of the Government of India.

Speaking to the media,Ms.Mamta Binani,President of ICSI, said,"ICSI is
a premier national professional body,which is on a constant endeavour to
enable the company secretaries to transit as Governance Professionals.The 
vision of ICSI is to be a leader in promoting good Corporate Governance".
To the question by the Editor of Indian News Service regarding the latest
Insovency & Bankruptcy Code 2016,she said this will have major churning 
effect on our economy.The implementation of  the Bankruptcy Code,may 
unlock about Rs.25,000 crores in next 5 years.

India is a capital starved country,therefore it is essential that the Law will
ensure quicker resolution of  the bad loan problems of the banking industry.
Today, the bankruptcy proceedings are too complicated.This Law will simplify
the procedure.




PAYTM TO LEVERAGE THE POWER OF INDIA STACK
Mr.Vijay Shekar Sharma,Founder & CEO.
IN UPCOMING PAYMENTS BANK.

PayTM announced it would have deep integration with India Stack to
leverage the platform's Open Stack Technology & ensure the best possible
experience for its customers & merchants.  The Company has implemented 
India Stack components like eSign &eKYC to ensure great scalability for its
mobile payments & commerce solutions.

PayTM is India's largest mobile payment & Commerce Platform.With the
current use of about 160 million,PayTM is on a mission to make India 
a cashless society.

Speaking to media,Mr.Vijay Shekar Sharma,Founder & CEO ,PayTM 
said,"we will leverage the power of India Stack starting from Aadhar 
to UPI to Digilocker in our upcoming Payments Bank.This will allow 
us to offer cost effective services to Indians& bring us closer to our goal
of bringing half a billion Indians to the mainstream economy".

Saturday, December 10, 2016

TABLEZ SIGNS MASTER FRANCHISE AGREEMENT WITH
GRUPO CORTEFIEL.

Tablez,the brand retailing company & has recently introduced food brands
like Bllomsbury-the Boutique Cafe' and Artisan Bakery,Galitos-Flame Grilled
Chicken & Gold Stone etc,has signed with Grupo Cortefiel,one of Europe's 
leading fashion retailers.Together, they will bring two brands Springfiield-a
youth oriented casual fashion brand and Women's Secret-an inner wear,

swim wear and sleep wear brand to India.

This agreement plans to open 60 outlets in India over next 5 years. The first
store is slated to open in April,2017,in Bengaluru.Mr.Adeeb Ahmed,Managing
Director,Tablez,said,"The young demography of India & emergence of fast
fashion segment offers oppurtunity for rapid growth for both the brands".

Mr.Antonis Kyprianou,Group Franchise General Manager,Grupo Cortifiel ,said,
"It has been our long intention to enter the market in India,as it is one of the
important markets but at the same time challenging".

Wednesday, December 7, 2016

MINIBEA INTEC OPENS ITS NEW OFFICE & PRODUCTION
FACILITY IN BENGALURU.

Minibea Intec,formerly known as Sartorius Intec,has moved to new premises
in Peenya Industrial Area,Bengaluru. " The new premises offer more space for
better production control & enhanced production capabilities  for future
Dr.G.Parameshwara,Home Minister of Karnataka inaugurating
the New facility in Bengaluru.
demands", says Mr.Mohan Bhat,Managing Director,Minibea Intec ,India.

Minibea Co.Ltd., was incorporated in 1951 as Japan's first manufacturer of
miniature ball bearings.Today,the  Company manufactures precision
components & technology products for the Information & Telecommunications,
aviation & aerospace,automotive and household appliance industries.The Company
currently employs 70,000 employees & has its own sales & service locations in
20 countries.The Company has invested about 1 Million Euros now,& has plans
 to invest some more periodically.The Company would be sourcing 77% of its
raw material requirement locally.The turnover of the Bangalore facility was
7.7 Million Euros in the last year. 

Friday, December 2, 2016

INDIAN ARMY IS THE MOST RUSTED INSTITUTION IN THE COUNTRY.
POLITICIANS,PLEASE, DON'T DRAG THEM IN YOUR POLITICAL
MUDSLINGING.

The West Bengal Chief Minister  should not have used the word 'Coup"
for the army's routine exercise to gather statistical data about load carriers
that could be made available to the army in case of contingency.This exercise is 
carried out for operational purposes to get data of heavy vehicle every year.
Further, this exercise is carried out in cooperation with the West Bengal Police
after duly informing  them.
CRUDE OIL PRICE MAY REACH $60 BBL.

After demonetisation,Fed rate hike fears,we may have to be prepared
for crude oil price increase to $60 bbl.Country's Oil import bill has been
pegged at $66 billion at a average import price of $48 a barrel.India depends
on import of oil to meet 80% of its requirement.With the anticipated increase
of oil price,India has to spend Rs.9126 crores more a year for every one dollar
a barrel increase in oil price.

Crude prices soared nearly 10% on wednesday following a deal among the OPEC 
members  to cut output by around 1.2 million barrels a day.