Saturday, September 30, 2017

ASHOK LEYLAND LAUNCHES "DOST+" WITH 2.75 TON TO
ADDRESS THE UPPER END OF THE SEGMENT.

"DOST +" offers Superior Mileage,18% more payload& 7% more loading space.
Comes with additional warranty of 2 years,1 lakh kilometers.

Ashok Leyland,flagship company of the Hinduja group launched "DOST +" 
the new Light Commercial Vehicle (LCV) in Bengaluru.The DOST + price
would start at Rs.5.68 lakhs,(ex show room,Bengaluru).

Speaking at the launch,Mr.Nitin Seth,President,Light Comercial Vehicles,
Ashok Leyland said," With more than 1,70,000 DOST vehicles are already
in the market today,with DOST+,joining the family,we are extending the
trust & reliability of this brand to the upper segment of LCV's." He said,60%
of the transport vehicles sold in India are LCV's. DOST+ will be manufactured
at te Company's Hosur plant which has capacity of 50,000 vehicles.The Company
propose to come out new model every 6 months.The Company will be launching
their first Left Hand Drive vehicle in January,2018 & they are ready for Euro 5
technology.

Thursday, September 21, 2017

Mr.Asim Warsi,Senior Vice President,Samsung India
addressing media in Bengaluru.
SAMSUNG ANNOUNCES " NEVER MIND" OFFER FOR BUYERS 
OF SAMSUNG SMART PHONES.

The NEVER MIND offer is an One Time Screen replacement offer of a broken
screen within 12 months of purchase by paying Rs.990/- at the time of repair.
The offer is valid on purchases between September,21,2017 & October,21,2017.

Samsung's Never Mind offer extends across popular models above Rs.9000/-This 
includes the "J" ,"A" & "C" series and also on flagship "S" series &Note series.

Addressing media,Mr.Asim Warsi,Senior Vice President,Samsung India said,
"Our exciting "J" series of smartphones backed by Make for India innovations
have helped us in strengthening our leadership in Karnataka".

Sunday, September 17, 2017

SBI LIFE INSURANCE CO.LTD.- IPO.

SBI Life Insurance Co.Ltd-IPO -Price Band of Rs.685/- To Rs.700/- per equity share.

Face value :Rs.10/- per equity share.

Public offering by SBI upto  80,000,000 equity shares & BNP Paribas Cardiff S.A
upto 40,000,000 equity shares

Presently State Bank of India holds 70.1% & BNP Paibas Cardiff S.A holds 26%.
Post IPO, SBI will hold 62.1% & BNP Paribas S.A will hold 22%.

The issue will open on September,20,2017 & will close on September,22,2017.

Bids can be made for a  minimum  of 21 equity shares & in multiples of 21 equity
shares thereafter.

Thursday, September 14, 2017


UM MOTORCYCLES LAUNCHES RENEGADE COMMANDO MOJAVE
AND RENEGADE COMMANDO CLASSIC IN BENGALURU.

UM Lohia  Two Wheelers ,the Indian Arm of the American Motorcycle maker
UM International LLc,along with Lohia Auto launched Two Motorcycles in
Bengaluru.

Renegade Commando Classic is available for Rs. 1,93,630/- ( ex showroom in Bengaluru)
Renegade Commando Mojave is available in Bengaluru for Rs.1,85,171/-


Tuesday, September 12, 2017

CRESTRON INAUGURATES INDIA HEAD QUARTERS IN BENGALURU.



Appoints Gagan Verma as the Executive Director for India & SAARC.

Crestron is the world's leading manufacturer of advanced control &
automation systems,innovating technology & reinventing the way 
people live & work.Head Quartered in New Jersey,USA,Crestron operates
experience centres  & design showrooms in London,Frankfurt,Shanghai 
& Beijing.

" We are excited to provide hands on support to our clients in India".says
Mr.Stuart Craig,CEO,Asia Pacific,Crestron.Addressing media, Mr.Gagan Verma,
the Executive Director,India & SAARC,Crestron said," I look forward to
bringing my experience to Crestron & leading the India business.We at Crestron
have always built solutions that integrates technology to provide world 
class communications".


Wednesday, September 6, 2017

VIJAYA BANK GETS NEW M.D & CEO.

Mr.R.A.Shankar Narayanan assumes charge as new M.D.& CEO of Vijaya Bank.
He carries with him with rich experience in International banking,Treasury,
Corporate credit,Risk management,Retail,marketing,Recovery & Human resources.
Earlier, he was the Executive Director of Bank of India. 
GODREJ APPLIANCES LAUNCHES NEW RANGE OF FRONT
LOADING WASHING MACHINES WITH NEW ALLERGY
Mr.Sanjeev Jain,National sales Head,Godrej Appliances (left) &
Mr.Rakesh Sial,Product,Group Head,Godrej Appliances (Right).
PROTECT FEATURE.

The range of washing machines comes equipped with a new feature called
"Allergy protect",certified by Allergy UK that is effective in getting 
rid of seven common allergens & bacteria.This Eco-Balance Technology
optimizes water & electricity consumption depending on the size of the load.

The new range is available in capacities of 7 Kgs &  6 Kgs.It is priced at
between Rs.27,000/- to Rs.34,000/-.