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Showing posts from July, 2018

Celebrating time at #NextGenTimezone Inorbit

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Time is Money ?. No, never for me. Time is the most important aspect and fantastic feature of life. How we spend, rather invest Time speaks volumes about the quality of our life. Our one & only life is so precious that every moment should be celebrated in the company of loved ones. But ..but .. but, the reality is not so glorious. We have our jobs, duties to perform to earn money, to live life, to maintain our lifestyles as per our wishes. Our assignments, projects, responsibilities, to-do lists occupy major portion of our life-time.   You must be wondering, why am I being so philosophical ?. Well, we deserve some quality time, rather an entertaining #Timezone to enjoy with family. 25th July was my niece, Adi's birthday and we had planned a super-duper Birthday party for her at #NextGenTimezone ( Inorbit Mall , Malad ) .  It’s a super-cool entertainment zone for all - family, parents, kids, couples, youth gang.  An evening before, I...

Indian Army’s ‘Shwet Ashw’ team successfully concludes the expedition to Dras to commemorate Kargil War Heroes

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The 5 member team covered 8 states  in 20 days  astride the TVS Apache RTR 200 FI 4V Race Edition 2.0 Dras,  July 27, 2018 :   ‘Ride to Kargil’ a motorcycle expedition, organised by the Indian Army and supported by TVS Motor Company, successfully concluded in Dras, with  five-member team of ‘Shwet Ashw’ reaching their final destination – Kargil War Memorial. ‘Shwet Ashw’ is the elite Motorcycle Display Team of the Corps of Military Police. Lt. Gen Ranbir Singh, AVSM, YSM, SM, Goc-in-c, Northern Command flagged in the expedition on 25 th  July 2018 at Dras. The team then celebrated Kargil Vijay Diwas at the Kargil War Memorial  with the families of martyrs and Kargil war heroes on 26 th  July 2018.  The 20-day expedition from Bengaluru to Dras saw the riders cover a distance of 4250 kilometres across 8 states astride the TVS  Apache RTR 200 FI 4V Race Edition 2.0 . Speaking on the expedition,  Mr. Arun Siddharth, Vi...

KENNETH COLE INKS TEN YEAR LICENSING AGREEMENT WITH BRANDZSTORM INDIA MARKETING

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Global fashion brand Kenneth Cole has signed a ten-year licensing agreement with Brandzstorm India Marketing for men’s & women’s footwear, apparel, handbags, small leather goods, and travel gear. Brandzstorm India Marketing will design, manufacture, distribute and retail Kenneth Cole products in India and other select countries across the SAARC region such as Bangladesh, Nepal and Sri Lanka. “This deal marks the continuation of Kenneth Cole’s global expansion plans and our goal to firmly establish footprints in key Asian markets, stated Marc Schneider, Kenneth Cole Productions Inc.’s Chief Executive Officer.  We are excited about this partnership and the growth opportunities it affords us in all categories of our business.” Brandzstorm India Marketing will launch Kenneth Cole through leading multi-brand boutiques, shop-in-shops, major department stores and e-commerce portals. The company also plans to open two flagship boutiques in the first year of operations. The desig...

Dr. Aditya Khemka introduces Osseointegration surgery for amputees in India at Hinduja Healthcare Surgical

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Renowned Orthopedic Surgeon Dr. Aditya Khemka, plans to set up a centre of excellence for osseointegration in India at Hinduja Healthcare Surgical, Khar.  Through this surgery Dr. Aditya Khemka and The  Osseointegration  Group of Australia provide above and below knee amputees with a leg replacement using the OGAP-OPL implant which is designed to be as close to the human anatomy as possible. The surgery involves an implant being inserted into an amputee’s femur which, when integrated with the bone allows for a simple, quick, safe connection between the stump and the lower prosthesis.  Osseointegration  s urgery provides amputees with greater mobility, comfort and quality of life. The moment an individual loses a part of the leg, their mobility is severely affected. Artificial legs or prosthesis, such as the Jaipur foot have been a revelation in improving the ability of these individuals to mobilise. The last three decades have seen the development of new...

World Architectural Travel (WAT) announces guided architectural tour from ‘Bauhaus to Biennale’

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Dates:  September 3rd to September 18th, 2018 Cost of Tour:  Rs. 2, 22,000 (Inclusive of Travel, Stay in premium hotels, Food & Beverages and Expert Guidance) World Architecture Travel (WAT), an international network for architectural tours now brings to you a unique travel experience to ‘Bauhaus to Biennale’ from  September 3rd to September 18th, 2018 . Organized by a team of experienced architects, historians and academicians, Bauhaus to Biennale is a comprehensively planned experience of modern architecture in Europe through guided city walks, culture trails and academic discussions. Our passionate team of co-ordinators blends local architecture, building culture, current architectural developments and urban design while planning itineraries to further enhance the travel experience. Experience Berlin, Stuttgart, Ronchamp, Basel, Chur, Zurich and Venice accompanied by renowned artists, architects, historians and professionals aiding in providing new perspective...

SKF India registers Sales of INR 7550 million in Q1, 2018-19

 The Board of Directors of SKF India Limited, India’s leading technology and solutions provider of bearings, seals, lubrication systems, mechatronics and services, today approved the unaudited financial results for the first quarter ended June 30, 2018. The financial highlights are as given below: ·           SKF india registered a strong performance in Q1 2018-19. Net sales for the first quarter ended June 30, 2018 amounted to INR 7549.5 million as compared to Rs. 7208.8 million for the first quarter of the previous year. Revenue from operation for the quarter ended 3oth June 2017 is inclusive of excise duty. To that extent the revenue from operations for quarter ended June 30, 2018 is not comparable with quarter ended June 2017, as revenue from operations for the quarter ended June 2018 is net of Goods &   Service Tax (GST). On a comparable basis, the sales for the quarter ended June 30, 2018 is 13.3% higher than ...

VITS LUXURY HOTELS LAUNCHES ‘VITS SHARANAM THANE’

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VITS Hotels, one of the fastest growing hotel chains, has launched 'VITS Sharanam Hotel, Thane', a luxury corporate hotel located at just a 10-minute drive from the Thane Railway Station. Conveniently situated from major shopping hubs and close to Eastern Expressway the hotel is an ideal choice for globetrotting travelers and corporate sojourners. Announcing the launch, Chandrakant Shetty, CEO, VITS Hotels says, “We are delighted to announce the launch of VITS Sharanam Thane. This is our sixth property in Maharashtra and we are extremely upbeat on the exponential growth prospect in this region. We are pleased to welcome guests with refined elegance, finest services and contemporary amenities thereby setting new benchmark in hospitality services. VITS positioned as moderately priced full service luxury business hotels enjoys high occupancy rate at all our properties nationally. We believe VITS Sharanam Thane will provide a wonderful amalgam of exquisite facilities for the ...

Change in GST rates needed to help smokers quit smoking

The increased GST on the NRT products may deter smokers from trying to quit the habit Mumbai, Nicotine Replacement Therapy (NRT), is an effective approach to tackle tobacco addiction. Despite aiding positive outcomes, NRT formulations continue to have a higher GST slab, which would certainly prevent tobacco addicts from trying the therapy and adopt healthier lives. Under the current GST regime, Nicotine Polacrilex gum comes under the 18% slab, as against 11.3% average total indirect tax under the pre-GST regime, which is extremely high and not in consonance with the exercise of fitting a product in the nearest GST slab applicable. Surprisingly all other pharmaceutical products have been categorized under the ‘NIL’ or 5% or 12% slabs. This alarming discrepancy in the rates will not help India tackle the menace of tobacco smoking and would risk higher morbidity due to lifestyle and non-communicable diseases. This would act contrary to the National Health Policy. In a country ...

PepsiCo India Transforms Snacks Portfolio; Re-sizes packaging and Reduces Sodium

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PepsiCo India reduces its carbon footprint by resizing packaging for its flagship brands Lay’s and Kurkure PepsiCo India to reduce salt in 75% of its Snacks portfolio by 2025 Launched Lay’s Magic Masala and Spanish Tomato Tango with reduced sodium  PepsiCo India continues to transform its Snacks portfolio, in line with its global sustainability agenda of ‘Performance with Purpose’. Committed to contributing to a greener India, the company has resized its packaging for its flagship snacks brands Lay’s and Kurkure to reduce its carbon footprint significantly. Further to providing value to its consumers, the company has launched upgraded variants with reduced sodium in its bestselling Lay’s flavors i.e Indian Magic Masala and Spanish Tomato Tango. Adapting to changing consumers taste profiles, the new Lay’s ‘Indian Magic Masala’ and ‘Spanish Tomato Tango’ are now available with a better enhanced mix of spices containing 13% to 15% lesser sodium respectively....

HGH India 2018 closes with overwhelming business results

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  HGH India 2018, 7th annual edition of the trade show for Home Textiles, Home Décor, Houseware, and Gifts received an overwhelming response from the trade visitors and the industry.  34,960 trade visitors , primarily retailers, distributors and institutional buyers from  480 cities  and towns across India attended this trade show to find innovations, source home products for their business and discover upcoming home fashion trends for 2018-19. This latest edition of HGH India witnessed 14% rise in the number of visitors over last year. Over  600 brands  and manufacturers from  30 countries  unveiled their innovations and new collections at HGH India 201 8, either directly or through their Indian partners. HGH India 2018 reflected the rising interest in integrated approach to Home Textile, Home Decor and Houseware as they continued to move towards a single lifestyle category called ‘Home’. Buyers and visitors showed interest in new and tr...

Edelweiss announces Rs.20,000 million Public Issue of Secured Redeemable Non-Convertible Debentures (NCDs)

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ISSUE OPENS ON  24 July  & CLOSES ON  16 Aug, 2018  ECL Finance Ltd (ECLF), the NBFC arm of Edelweiss Financial Services Limited, today announced the public issue of Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs. 1,000 each, aggregating to Rs. 5,000 million, with an option to retain over-subscription up to Rs. 15,000 million aggregating to a total of Rs. 20,000 million (Rs. 2000 crores). The NCDs offer an interest rate of  9.45%  p.a. for 36 months tenure,  9.65%  p.a. for 60 months tenure and  9.85%  for 10 years tenure. Further, there is also a floating rate option which is linked to the overnight Mumbai Inter-Bank Offer Rate (MIBOR). Under this option, investors can earn the average annualized overnight MIBOR + 2.5% p.a. for 3 years.  (Please refer to the Offer Documents for more details) . CRISIL  has rated the offering “CRISIL AA/Stable” and ICRA has given it a  “ICRA A...