SPIRIT OF MUMBAI

Beijing, China —The Asian Infrastructure Investment Bank (AIIB) is doubling available funds under its COVID-19 Crisis Recovery Facility to provide USD5-10 billion due to high client demand. This follows   AIIB’s announcement to make USD5 billion available  to help public and private sector clients manage through the COVID-19 pandemic. Requests for funding have substantially exceeded the USD5 billion originally allocated for emergency relief. Based on client feedback, immediate assistance is required in three key areas: (1) to help alleviate health care pressures in the form of health infrastructure and pandemic preparedness; (2) liquidity support through on-lending facilities and credit lines via financial institutions to address working capital and liquidity shortages and (3) immediate fiscal and budgetary support, in partnership with other multilateral development banks, so governments can focus on addressing the human and financial impacts of COVID-19. “We are fac...

Indian Folk Dance received its due glory when famous  choreographer Ms.Vaishali Sagar won an international dance competition in Istanbul and made the country proud. Ms.Vaishali Sagar has done her masters in Indian Folk Dance under the guidance of Guru Rooma Banerjee and Shri Prashant Baflekar. Currently she is running Kalanjay Dance Academy which has a strength of 900 students. She also represents India at the FIDAF (federation of international dance festival) based in South Korea and has won various accolades for India in biggest folk dance competition in Asia ''The Cheonan International Dance festival''. Vaishali has also represented India in various international folk dance festivals based in Italy, Austria, Turkey, Greece, Germany, Bulgaria and Czech Republic.  Vaishali Sagar when asked about the achievement said, “Dance for many is a hobby, but to me it has been a passion, a never ending zeal that drives me and gives me ultimate happin...

India’s largest trade show for the home products market with 700 brands is on from July 3 to July 5 at Bombay Exhibition Centre, Goregaon  HGH India 2019, the annual trade show for Home Textiles, Home Décor, Gifts & Houseware in India is back with its 8th edition. The three day exposition was inaugurated by Shri Shantamanu Development Commissioner, Handicrafts along with Mr. Arun Roongta, Managing Director of HGH India and other dignitaries from the industry. HGH India 2019, after a delayed start due to the torrential rains and flooding at the exhibition centre is all set now to connect 700 brands and manufacturers from 32 countries with over 35,000 retailers, brand representatives, distributors, importers, as well as institutional and trade buyers. This year’s edition of HGH India promises to set new benchmarks in the industry, bringing new brands, manufacturers, innovation, design and products under one roof. Among the many highlights of the exhibition, was the p...

 Mr. Rajesh Gunani, Board Member, Relam Investment LLC; Mr. Abdulla Ali Rashed Lootah, Founder & Board Member, Relam Investment LLC; Mr. Sultan Ali Rashed Lootah, Chairman & Managing Director, Relam Investment LLC; Mr. Nyugen Duy Phuong, Vice Chairman, Relam Investment LLC; and Mr. Do Hong Phuc, Founder & Board Member, Relam Investment LLC Relam Investment LLC  has allocated an investment portfolio of $250-300 million for the Indian market with a focus on real estate and technology.  Relam Investment LLC has signed a cooperation agreement with RRP S4E Innovation Pvt. Ltd in setting up renewable energy plants using CIGS,one of the most  cutting-edge Nano-technologies in the renewable domain Relam Investment LLC, a new international joint venture formed by UAE-based Vault Investment and Vietnamese MIG Holding, officially announced their launch in India, today. The company, headquartered in Dubai,is set to focus on investments acros...

98% of the participants likely to return in 2019 OTM Mumbai, the largest travel trade show in the Asia Pacific region concluded on an optimistic note. 1000+ sellers from 50+ countries and 27 states networked with 10,000+ trade visitors, at Bombay Exhibition Centre, between 18th to 20th January. The show was inaugurated by  Shri. K J Alphons , Minister of State for Tourism (I/C), Government of India. In his inaugural address he expressed his delight seeing the turnout of the global participants. He also expressed satisfaction about the mix of international and national participants at the show floor - approximately 400 and 600 respectively. Guest of Honour  Shri. Jaykumar Rawal , Minister of Tourism, Government of Maharashtra remarked that Mumbai was proud to host the leading travel show in the Asia Pacific region. He also marvelled at the long history of  OTM  as an offshoot of the oldest travel trade show in the country. In an exit survey, 9...

HGH India Stimulates the Growing Home Products Sector, socially  HGH India, the leading B2B trade show for Home Products and Gifts stimulates the growing home products sector in India. This year, apart from home textiles, HGH saw an increased number of exhibitors from houseware, home décor and the cleaning & hygiene segment. 90% of top 100  Indian retailers in home business participated in HGH India this year, represented by senior decision makers, reflecting the usefulness of this trade show for their business. Over 500 exhibitors from India and abroad showcased their innovative products from across categories which included designer, branded and mass produced goods. This includes over 100 new and unique domestic and international exhibitors across the home products segment.  The list includes TTK Prestige (cookware & kitchen appliances), Baltra (kitchen appliances), Stallion Barware (Barware), Decorex (Blinds), Divine (wallpapers & soft fur...