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.

AERO INDIA 2017-ASIA'SPREMIER AIR SHOW.

11th International Show on Aerospace,Defence,Civil Aviation

Airport Infrastructure & Defence Engineering will be held in

Bengaluru . Venue: Air Force Station,Yelahanka from 

14th February To 18th February,2017.

KNOWLEDGE EXCHANGE PLATFORM:FRONTIERS IN NEURO SCIENCE.

Knowledge Exchange Platform is aimed at connecting individuals in academia,

industry & government agencies to have a common interest in neuro science.
Harvard South Asia Institute(SAI) & the Institute of Bio Informatics and
Applied Biotechnology(IBAB) hosted a day long program on 7th January,2017.
This program was organised at the premises of National Centre of Biological
Sciences (NCBS),Bengaluru.

This event is a part of a 2 week course in neuroscience for 25  undergraduate
and post graduate technology students in Bengaluru fromDecember,29,2016 
to January,11th,2017.The goal of this program is to introduce Indian students
to the brain science.There was a panel discussion comprising of representatives
from academia,industry and government to exchange their ideas and to work
out solutions for a common approach.

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."

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.

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".