SHANKARA BUILDING PRODUCTS LTD.-INITIAL PUBLIC OFFER.

Shankara Building Products Ltd., is coming out with an Initial Public Offer 
of Equity shares of face value of Rs.10/- each with premium of Price band
fixed from Rs.440/- To Rs.460/- per equity share  aggregating Rs.450 million.
& an offer for sale upto 6,521,740 equity shares.

Mr.Sukumar Srinivas,Mg.Director of the Company addressing Media.

Objects of the Issue are:
1.Repayment or prepayment of loans of the company.
2.General Corporate purposes.
3.Listing of Equity shares in BSE & NSE.

The issue opens On:March,22,2017 & Closes of March,24,2017.

About the Company:
Shankara Building Products Ltd., is one of the leading organised retailers
of home improvement & building products.The Company has 103 stores
in the country  with an average size of 3624 sq.ft.The company serves home
owners,professional customers(such as architects & contractors) and
small enterprises through its retail stores.The Company was promoted by
Mr.Sukumar Srinivas,an alumnus of IIM,Ahmedabad & is a first 
generation entrepreneur, having 33 years of experience in the building
products industry.

Editor's Views.


DISRUPTION OF PARLIAMENT & LEGISLATURE
UNACCEPTABLE SAYS PRESIDENT PRANAB MUKHERJEE.

People elect their representatives to discuss,debate &convey the
peoples's aspirations in the parliament & not to walk out or sit on
dharna.Parliamentarians should set an example to the legislators,
members of Municipal Corporations & local bodies how to debate,
discuss & sort out the differences.

Of late, we see walkouts,disruption sitting on Dharna & rushing to
the well of the House has become a common practice . It is a cause
for worry that it happens even in Rajya Sabha which is the House
of Elders.Even if the Speaker or the Vice President who presides
over Lok Sabha & Rajya Sabha respectively  appeals  for calm,
members still disrupt the House.

Can this continue ? Members should take the advice of the President
as a wake up call.

LIFECELL LAUNCHES COMMUNITY STEM CELL BANKING.

Lifecell International, pioneer in Stem cell research announced the launch
of Baby Cord Share,Community Stem Cell banking to address the need for
creating a large inventory of stem cells in the country.Community Stem cell 
Banking is a first of its kind global initiative of LifeCell,which allows sharing 
of preserved umbilical cord stem cells amongst the community of parents.
Community stem cell also helps parents & siblings in accessing stem cells
from the community pool,this providing a comprehensive family benefit
for parents.

70% of patients are unable to find a match in India due to limited Stem cell
donors of about  1,80,000,which is less than 1% of global donor base.
Mr.Mayur Abhaya,M.D &CEO,LifeCell said,' with increasing awareness
amongst the parents preserving their baby's stem cells,community banking
could help increase the inventory by more than 50,000 every year."Presently,
we are importing to meet the demand.If more people in India participate
in donating the stem cell of their babies,the requirement of the patients
can be met easily.

The Community stem cell banking will be available to customers with
immediate effect at a starting price of Rs.16,990/- with an annual storage
fee of Rs.4,000/- per annum.LifeCell also offers additional long term
plans wherein customers can choose to prepay the storage fee.

DESIGN DIALOGUES & WB HONOURS.

6th Edition of Design Dialogues & WB Honours was held in Bengaluru
recently.Ms.Sheital Shetty,Founder & Editor of  Wash Rooms & Beyond
 welcomed all the guests.There was presentation of papers regarding
modern Kitchens,sanitary ware,wash rooms  &  also about reuse of
waste water. There was a panel discussion also on how to use the
space creatively& also about modern day kitchens & wash rooms.

HERBALIFE NUTRITION PARTNERS WITH SYNGENE TO
ESTABLISH NUTRITION RESEARCH &DEVELOPMENT 
LAB IN INDIA AT BENGALURU.

Herbalife,a global nutrition Company,partners with Syngene,to develop
& formulate world class nutrition products for Indian consumers.The new
Nutrition Research & Development facility is located within the Syngene
campus in Bengaluru.The facility also houses a separate Good Manufacturing
Practices (GMP) formulation Lab to support Product Testing,sampling &
end product development.

Speaking at a Press conference held in Bengaluru,Mr.Ajay Khanna,
VP & Country Head,Herbalife International India Pvt.Ltd.,said,
" Setting up the Nutrition R&D Lab in collaboration with Syngene
will give us the ability to turn around new products faster,& introduce
them to the market quicker".

38th NATIONAL MASTERS ATHLETIC CHAMPIONSHIP HELD
IN GACHIBOWLI STADIUM,HYDERABAD FROM 20th TO 25th FEBRUARY,2017.

KAMALA SRINIVASAN STRIKES 4 GOLD MEDALS AT THE MEET.

Kamala Srinivasan wins 4 Gold Medals in 100 meters,200 meters,400 meters
and 4 X 100 meters Relay under the age Group of 60+representing Karnataka.

Kamala Srinivasan,  the Deputy Editor ,Indian News Service , is a disciplined
Sportswoman who represented the Country in the World Cup at the age of
21 years in Women's Hockey.The World Cup was held in Edinburgh,Scotland 
in 1975.Later, she represented the country in the Five Nation Tournament held in
Spain & also in Asia Cup.She was the Captain of Bombay University & also
then Bombay in the Junior Nationals, which they won.

She represented India in 3 Asian Masters Athletic Championships & won 
9 Medals (Gold-5,Silver-3 & Bronze-1).She represented India in the 
International Open Masters Athletic Championship held in Colombo,Sri Lanka
& won 3 Gold Medals  in 100,200,& 400 Meters Race.