Friday 29 November 2013

Music Mania begins outdoor promotion with Global Advertisers


 “it’s an excellent concept of promoting young talent. We would like to congratulate, Ghazal maestros Pankaj Udhas, Anup Jalota and Talat Aziz for Music Mania. To support this initiative, we have displayed hoardings in the prominent areas of Mumbai including Juhu and Andheri.” Said Sanjeev Gupta, MD, Global Advertisers.

Music Mania is a music club to provide the right kind of music for music lovers and promote new singing talent in the industry such as Adil Hussaini, a young Hyderabadi singer.

The club will also run a promotional campaign for new singers on the digital platform and organize events in second phase.




Shemaroo Entertainment releases Once Upon A Time In Mumbai Dobaara! On Home Video


Mumbai: From the makers of blockbuster movies like Once Upon A time in Mumbaai and The Dirty Picture comes yet another acclaimed film- Once Upon A Time In Mumbai Dobaara. This festive season Shemaroo Entertainment releases the film on Home Video for its audience.

The story of Once Upon A Time In Mumbai Dobaara revolves around three characters Shoaib played by Akshay Kumar, Aslam played by Imran Khan and Jasmine played Sonakshi Sinha. Mafia king, Shoaib is flamboyant, awe-inspiring and powerful who rubs shoulders with the rich and famous. He often visits the poor areas where he grew up and on one such visit, he meets Aslam and his best friend and takes them under his wing. Aslam becomes Shoaib’s favourite. There is an attempt on Shoaib’s life by his arch adversaries, sparking off a major battle between the two factions. Sohib and Aslam meet Jasmine, an aspiring and beautiful actress. While Shoaib does everything to woo Jasmine, Aslam shows her the simpler things in life. Both of them profess their love for Jasmine on separate occasions.  When Shoaib sends Aslam to pick up Jasmine, Aslam agrees, without realizing that he is going to pick up the very girl he loves! Just then, there is an attack on Jasmine’s life…..

Once Upon Ay Time In Mumbai Dobaara is available in market at the cost of 799/- on Blu Ray and Rs 299/- on DVD.  Not only that one can also enjoy Making Of The Songs – Chugliyaan, Yeh Tune Kya Kiya., Tayyab Ali & Tu Hi Khwahish.. along with the movie. 2 VCD Pack of the movie is available at Rs 125/-only.

Cbazaar has now announced the launch of Design It Yourself (DIY) for its customers.

 The objective of DIY is to increase the participation of the customers during the designing 
and making of their outfits for the special moments of their life.

Cbazaar.com launches Design It Yourself (DIY) service

Cbazaar.com the pioneer in Indian ethnic wear has maintained exclusivity of its brand and services because of  its unique offerings and constant innovations. Cbazaar was the first ethnic-wear store to sell sarees and trendy designer blouses online, as well as offer customizations and bollywood and TV serials official clothing collection.
               
Cbazaar has now announced the launch of Design It Yourself (DIY) for its customers. The objective of DIY is to increase the participation of the customers during the designing and making of their outfits for the special moments of their life. Every women want their garments to be unique and DIY is a service where right from the fabric to the color, embroidery, pattern or style everything is decided by the customer.

Under the DIY service the customers get a chance to work closely with the designers at Cbazaar and design  the outfits of their choice. DIY is currently made available for Wedding lehengas. Soon this service will be extended to the other product categories as well.

Once the customers place the order under DIY for the product of their choice, Cbazaar designers book an exclusive appointment with the customers to discuss their choice of color, fabric, embroidery and pattern or style.  After the final signing off by the customers on their outfit, Cbazaar will produce the outfit and have it shipped to anywhere in the world.


Launched in 2005, Cbazaar.com the largest online India ethnic wear store has over 300,000 happy customers over 130 countries. US, UK, Canada, Australia and India are its key markets. Cbazaar houses over 20,000 fresh and widest designs that reflect a perfect mix of creativity, aesthetics and comfort. Cbazaar.com is one stop e-store for your Indian ethnic wear needs. 

Images / photo of SCI Kamsarmax Bulk carrier, m.v. Vishva Uday



FIVB DURBAN OPEN INTERNATIONAL BEACH VOLLEYBALL LAUNCH 2013


VIP Media Invitation
Volleyball South Africa and promoters Geness Consulting invite you to an exclusive media engagement of the FIVB Durban Open, World Beach Volleyball event. 
This media event coincides with the National Tour event taking place from 6-8 December 2013
Be part of the action and watch our SA players battle it out in preparation of the International Beach Volleyball tournament and showcase what is to come.
You will also have the opportunity to meet with Volleyball SA, Geness Consulting, sponsors, international officials, other key stakeholders as well as international players who would have arrived in preparation for the world event. This is a unique opportunity to get the inside details on the planning and execution of this multi-faceted event. See below for details!

Date: 6 December 2013

Time: 12:00pm – 2:00pm

Thursday 28 November 2013

Jain Irrigation Times shild news



Government to implement time bound policy for Broadband rollout



Broadband Tech India 2013 – 10th International Conference


Broadband Tech India 2013, the 10th International Conference was inaugurated today by Shri N Ravi Shanker, IAS, Administrator (USOF), Department of Telecommunications & CMD, Bharat Broadband Network Ltd.

During his inauguration speech, Shri Shanker said, "The Government of India is committed to a time bound rollout of broadband network up-to every Gram Panchayat numbering about 250,000. What is required from the industry is the utilization of the network by providing all possible applications across the country."

Over the past decade or so broadband has become a critical infrastructure pre-requisite for the economic and social development of the nation. A significant enabler to a number of businesses and is a corner-stone of digital empowerment of the masses. In India, the drive to facilitate widespread broadband access has been high on the national agenda for some time now. Whereas, the Government of India has played a pivotal role in developing broadband infrastructure in the country. The creation of the National Optical Fiber Network (NOFN) has opened up new possibilities of development in the Indian broadband market. The National Telecom Policy (NTP 2012), with its 'Broadband on Demand vision', has also been heralded by the industry as a step in the right direction and is expected to add significant fillip to India's broadband penetration and growth.

"Today, India has over 1 billion connected gadgets and hunger for connectivity is growing at a rapid pace," said Mr. Shyam P Mardikar, Chief - Strategy, Architecture & Engineering, Bharti Airtel Ltd.

While speaking during the day long deliberations Mr. Vijay Jain, Chief Operating Officer & Director, Telecom Infrastructure Business, Sterlite Networks Limited said, "Capacity and coverage are going to define the experience of broadband, to end user in an under-served market. Due to high cost of deployment and limited data carrying capacity of copper based network, fiber is having a clear cut advantage & is future ready." Sterlite Networks Ltd. (SNL), is the first organized private player in the country to have undertaken a project of mass roll out of Fiber connected homes. SNL presently has the largest base of FTTx homes of 100,000 with over more the 20,000 subscribers.

During his welcome speech, Managing Director, Bharat Exhibitions Mr. Shashi Dharan said that broadband has significant potential to facilitate economic and social development, especially in rural India, where broadband connectivity is expected to play a crucial role in empowering the masses. Addressing the above-mentioned issues could result in achieving greater traction in the Indian broadband market.

One of the MP’s Biggest church be inaugurated on 30th Nov



Archdiocese of Bhopal will inaugurate one of the biggest church of Madhya Pardesh, “Our Lady of Assumption” on 30th November 2013 at Asha Niketan, E-6, Arera Colony, Bhopal.

The Church will be inaugurated by His eminence Oswald Cardinal Gracias, Archbishop from Bombay, who will be present at the occasion along with the entire members of Bhopal Archdiocese. 


At the occasion a stupendous Ballet dance performance is organized which will be performed by 600 students trained under a well known Mumbai Ballet team based on the biography of Saint Francis of Assisi, the patron saint.

India’s leading Holistic Health Guru, Mickey Mehta launches Super Sacred Sexercise



~Intimate workouts for a fulfilling sex life~

Mickey Mehta - India’s Leading Holistic Health Guru announces the launch of his 5th DVD titled – Super Sacred Sexercise. Mickey Mehta’s Super Sacred Sexercise highlights about sex being bio mechanical in nature, is a part of our animal instinct. When sex translates into love making it becomes the very reason of our fine quality evolution and perpetual continuity of our super fine species. Being a part of a creative process, it should be treated as sacred sacrosanct.

Every workout has been carefully designed to activate one’s nervous system, chakras and internal strength. The 30 minute video emphasizes on how couples can improve their romance, intimacy bonding and biological potential to maximize the celebration of life. The DVD consists of tips and recommendations from the best of Vedas and modern nutritional science for increased libido and healthy ability to perform to one’s partners utmost fulfillment. There are some couple exercises demonstrated that will make one more sensuous and receptive towards the chemistry and energy of their partner. It further comprises of meditation and relaxation techniques to rejuvenate and refine one’s energies to keep the fountain of youth ever flowing.

When asked about this latest offering, Mickey Mehta had to say, “In this divine unison, when in worship and celebration mode, one experiences bliss – Ananda, along with the spiritual and mental fulfillment it brings about heightened immunity and is a great therapy for prevention of all state of dis-eases.”

Top 5 Trends in Hotel Technology: Infographic



With technology adoption on a rise, the expectations of travellers have also increased manifolds.  Thus a hotel’s technology offerings play an important role for guests when they are booking an accommodation.
eRevMax, the leader in hotel online distribution and channel management solutions, has unveiled an infographic to assist property owners around the world to know about the latest technology trends topping the charts this season.
One of the current trends listed by eRevMax deals with device and entertainment autonomy. A SmartBrief poll showed that 45% of hotel guests travel with two devices and 40% with three or more. Thus, ensuring guests have electronics (adequate and easy-to-reach plugs, bandwidth capabilities) and ergonomic support (seating and surfaces) becomes essential for hotels.
Another important tip by the hotel solutions provider is to leverage the billboard effect, defined as the increase in offline bookings of a property when it is listed with an Online Travel Agency (OTA). An experiment conducted by Cornell University observed that one of the participant hotels experienced an impressive 14% increase in direct bookings when it contracted with an OTA. Besides, Average Daily Rate (ADR) increased by 1.5% during OTA listing of the same property.
Accordingly to the infographic, 38% of the guests reported that Wi-Fi was the priority factor while booking a hotel. Also, a whopping 85% of travellers said they wanted access to free Wi-Fi in hotels. eRevMax suggests hoteliers to provide the service for free to guests who enrol for their select programs, for starters. Such services may be made exclusive for gold and platinum level members or accessible in lobbies of full-service properties.
These are important insights for property owners and serve as helpful reminder to get thinking about what is important to guests who want to stay connected virtually.
To access the full infographic, click Top 5 Trends in Hotel Technology

Minnie Mouse, the international fashion icon, has created a rage

Minnie Mouse, the international fashion icon, has created a rage by inspiring young girls and women with her unique stylish range of apparel and accessories. The beloved Disney star, with her iconic silhouettes, red bow, yellow heels and polka dot dress brings her style statement to India as Disney introduces the new ‘Minnie Mouse’ line for women.
The collection is inspired by Minnie’s signature look and her iconic motifs like polka dots, Minnie ears and bows. A combination of soft and bright hues like pinks, reds, whites have been used which are synonymous with Minnie Mouse, the star character we all grew with.
We were wondering if you would be interested in doing a story on following:

·  Minnie as the fashion icon and the collection - Indian and international
· how Minnie has evolved over the years
· Mouse mouse on the ramp - New York fashion week, Milan fashion week, etc
· Minnie inspired merchandise across brands like Mango, Zara, Forever 21, etc
· Interesting and never heard facts of Minnie 







· Over 80 designers creating looks for Minnie across countries; transcripts of the designers

Globally Minnie has been associated with a lot of big brands including D&G, Tommy Hilfiger, Giordano, Hayden Harnett, Forever 21 and many more.


The Shipping Corporation of India Ltd. (SCI) accepted delivery of a Kamsarmax Bulk carrier, m.v. “Vishva Uday”, today 27th November 2013.


This is the third vessel of the four Kamsarmax bulk carriers ordered by SCI with Jiangsu Eastern Heavy Industries Co. Ltd., China. Orders for these vessels were placed in September 2010. The first two vessels were delivered in December 2012 and May 2013 respectively.

SCI had been predominantly operating smaller sized Handymax and Handysize bulk carriers in the past. With delivery of these larger Kamsarmax bulk carriers having higher cargo carrying capacity, SCI would be increasing its presence in India’s import and export of Dry bulk cargoes. The vessels are suited for worldwide trading and can be alternatively deployed in cross trades depending on the opportunities available. These bulk carriers were ordered as part of replacement of SCI’s existing Daewoo series Handymax bulk carriers which were built in 1986/87 and have been phased out from services.

        m.v. “Vishva Uday” has a gross tonnage of 44,861 tonnes and deadweight of 81,696 tonnes. The vessel is dually classed with BV and IRS and has been built to comply with the latest and most stringent international regulations.

        India is one of the growth drivers for the world economy recording remarkable GDP growth compared to the developed economies. Industrial and infrastructural development plays a major role to sustain this growth. As a National carrier, SCI has been aiming to increase its share in India’s ever increasing dry bulk trade and strengthening the bulk carrier fleet would help SCI contribute to this growth.

With the addition of this vessel, SCI’s fleet strength stands at 75 vessels of 5.95 million dwt.  Acquisition of this vessel is in line with SCI’s strategy of maintaining a modern and young fleet of vessels. The Company has 13 vessels on order at present. 

Ethos Watch Boutiques launches www.ethoswatches.com


Luxury Watches – Just a Click Away!

With the world growing smaller and everything accessible at the click of the mouse, Ethos Watch Boutiques presents country’s first and largest online portal for exclusive viewing of luxury watches at www.ethoswatches.com. With over 3000 watches on display, meticulously segregated by strap type, dial colour, watch size, brand to name a few and over 30 luxury brands like Carl F Bucherer, Hermes, Breitling, Blancpain, Omega, Tag Heuer and many more, patrons have a varied collection to choose from.

For imparting a higher experiential appeal, a special support system called Luxury Watch Helpline has been secured on the portal for customers to dial in and speak to Luxury Watch Consultants for guidance in choosing the right watch. Over 4,000 calls are being received by the vigilant and enthusiastic team of Ethoswatches.com. On choosing the right watch, the Luxury Watch Consultant can arrange for an exclusive exhibition of the selected piece for the patron at one of the preferred stores or a special home visit.

Ensuring that every visitor is cognizant with the evolution in the world of luxury watches, the proficient editorial team sources out interesting information and news items to keep the audience gripped on its site. Whether it is highlighting a celebrity sporting a specific watch brand or rating the popularity of a watch, the team is proactive in its offerings. Boosting your freedom of expression, the site offers you options to rate your choice by clicking on ‘Pin it’, ‘Share it’, ‘Like it’, ‘Tweet it’ and many more social media shots. You may even ask your friend’s opinion by clicking on the option of seeking your friend’s opinion. With over 2,00,000 visitors and over 1,20,000 watches being researched, the virtual-real world of ethoswatches.com promises a world of shopping with friends by simply sitting at home.

Headed by Pranav Saboo, the team of ethoswatches.com is young and dynamic, whose visions have been translated into an elated shopping experience to the digitally driven competitive consumer. He firmly believes that, next to cars, luxury watches will create a revolution in the digital world. Complementing the desires of the visitor, the experts have implemented international measures that lay emphasis on customer satisfaction. Within seven months, the portal has scaled the growth trajectory with impressive figures and global expansion via e-commerce route is already in the pipeline. Setting a target of procuring at least one million visitors per month does not seem too over-ambitious.






Wednesday 27 November 2013

German firm TUV Rheinland to offer its services in the Metro Rail segment


Major opportunity for company as metro rail has huge potential in India
Germany head-quartered TÜV Rheinland, a worldwide leader in Testing, Training, Inspection, Consulting and Certification, announced that it is now all set to offer its services in the metro rail segment in India where it sees a major opportunity. One of the company’s first projects in India was the association with the Konkan Railways – Sky Bus project.

TUV Rheinland India, the Indian subsidiary with its head-quarters at Bangalore, will offer Independent Safety Assessment Inspection, Auditing, Certification, Training, Consultancy, RAMS and Testing services for products like electrical products, signalling & telecom etc. for the metro rail segment in India.

Mr Enrico Ruhle, Managing Director, TUV Rheinland India, said “The traffic condition in Metro cities in India has not been so comfortable in terms of frequent traffic jams, narrow roads, heavy number of auto-rickshaws & two wheelers and high parking demands etc.The country aspires to create world-class infrastructure, Mass Rapid Transit System is being developed across Indian metros to render a fast, easy and comfortable commute through high-speed trains. Almost around 23 metro rail projects have been planned of which Kolkata, Delhi and Bangalore metros have started operations, yet to complete full phases of construction and operations. Jaipur, Chennai, Mumbai, Navi Mumbai, Kochi and Hyderabad metro are under construction and the rest are under planning phases.Hence the potential in this sector is huge and we intend to capitalize on this.”
Mr Hemant Desai, Country Head – Mobility Division, TUV Rheinland India,said “TUV Rheinland has global experience in providing various services in railway segment.Within the region of India and Middle East, we are associated with prestigious projects in Dubai for Independent Safety Assessment of the Airport Automated People Mover, Palm Jumeirah Monorail, Dubai Metro RAMS & Systems study etc. Other credentials include, for instance in Brazil we have expertise for the driverless metro for Sao Paulo rail project in conducting safety assessment of specific automatic train control system, assessment of systems such as wayside interlocking, train doors, on-board emergency brake function and safety plan etc. In Germany, Airport Frankfurt/Main sky line project is handled for independent safety assessment of all constituents of the system, evacuation and rescue and fire protection concepts, operation and maintenance procedures and performance of safety acceptances in cooperation with the Frankfurt safety authority. In Italy, high- speed lines Torino – Novara is handled for control command & signalling subsystem, safety and quality assessment of switch operation stations, radio block center and Euro-balises.”

“We would be leveraging our unmatched global experience and expertise to offer our services to the metro rail segment in India. We are currently empanelled by RDSO ( Railway Design &StandardisationOrganisation, Govt. of India) as an ISA Independent Safety Assessor) for Indian Metro & Main line Signalling and ISA for Generic Products in Signalling.” Added Mr Hemant Desai.
The government is encouraging the private players participation in construction of metro rail projects in India and already few major companies have started and investments expected in metro rail networks in India is US $ 42 billion by 2020. Currents investments made are to the tune of US $ 16.7 billionaccording to reports.
“The metro rail projects would be beneficial to the business, to environment and in all walks of people. The investment requirement in urban infrastructure area during 2012-31 would be around Rs. 39,186 billion. These huge investments will have to be supported by the private players and hence there could be wide range of opportunities for TUV Rheinland India with the private player’s participation.” concluded Mr Enrico Ruhle.

Bullett Raja movie outfits designed by Cbazaar.com


Cbazaar.com is certainly making a mark for itself in the ethnic wear space. By designing the outfits for the bollywood movie Bullett Raja, Cbazaar has become the first online ethnic wear store to design and style the original outfits for a bollywood movie.The on-screen character Mitali played by the lead actress Sonakshi Sinha is wearing the ethnic outfits designed by Cbazaar.com
Cbazaar has over 40 original outfit designs from movie in offering exclusively on www.cbazaar.com


Bullett Raja movie written and directed by Tigmanshu Dhulia and produced by Rahul Mittra, Nitin Tej Ahuja and Tigmanshu Dhulia, under the banner of BrandSmith Motion Pictures and Moving Pictures. The film is presented by Fox Star Studios. Saif Ali Khan, Sonakshi Sinha and Jimmy Shergill in leading roles, whilst Chunky Pande, Ravi Kishan, Gulshan Grover and Vidyut Jamwal will feature in pivotal roles. The film is set against the backdrop of Uttar Pradesh-based mafia while dealing with the political and industrial powers of the state.
Launched in 2005, Cbazaar the largest online India ethnic wear store has over 300,000 happy customers from over 130 countries.  US, UK, Canada, Australia and India are its key markets. Cbazaar houses over 20,000 fresh and widest designs that reflect a perfect mix of creativity, aesthetics and comfort. Cbazaar.com is one stop e-store for your Indian ethnic wear needs.

Café Coffee Day's premium format 'The Lounge'enters into an alliance with Collectabillia


Collectabillia launches 'Celebrity Walls' at
The Lounges across the country

Mumbai: Getting close to your favourite icon from sports, history and entertainment just got easier with the launch of 'Collectabillia Celebrity Walls' at lounges across the nation. In a unique partnership, Café Coffee Day's premium format- The Lounge, in alliance with India's first celebrity-commerce company- Collectabillia, have launched 'Collectabillia Celebrity Walls' to retail authentic and autographed collectables. The displays will feature some rare authentic memorabilia autographed by legends from sports, history and entertainment, as well as other mass merchandise that will attract fans all over the country.


The Lounge, a space that represents the spirit of exploration, welcomed the inclusion of these memorabilia display at its cafe . "The access to memorabilia and merchandise at The Lounge is a chance for our patrons to own a piece associated closely with their favourite icon. This is an added catalyst for inspiration and exploration and will be very exciting for our young consumers. Having these items showcased at The Lounge also makes for an enhanced experience for our patrons. We at The Lounge are proud to be leaders in building interactive environments and this is prime example of that." opined Venu Madhav, Director, ABCTCL  

Delighted at the prospect of launching this alliance across the nation, Anjana Reddy, M D Universal Sportsbiz Pvt. Ltd said, "Collectabillia was conceptualized to connect legends to their fans. Our initiative is an attempt to make this connection stronger by making memorabilia even more accessible than before. We hope that these displays will encourage every fan to own a piece of history."

Sports legend Sachin Tendulkar, who inaugurated the first 'Collectabillia Celebrity Wall' here, at The Lounge, Juhu, said "The encouragement of the fan is very important for any growing talent. Fans are always ready to offer their support, even from the farthest location, with their cheers and wishes. I am happy that Collectabilia.com serves as an exciting platform to help the fan get closer, feel connected and own the moment."  

All set to grab eyeballs, the "Collectabillia Celebrity Walls" will exhibit unique sports memorabilia such as the recently launched Sachin Tendulkar 200th Test Commemorative Autographed Bat, along with Boxing Gloves signed by the legendary Muhammed Ali and other autographed merchandise. It will be for the first time in India that such items will be available for public viewing at such close proximity. These products are pieces of history and thus are highly unique and special. Apart from the rare pieces of memorabilia, the displays will also house autographed photographs, caps and shoes to cater to the mass.
 

Now after a quick trip to the coffee shop, adulating your favourite sportstar may go beyond posters on your wall.

Canadian International School holds ‘The Terry Fox Run’




The Marathon of Hope for Cancer Research


Bangalore: November 27, 2013: The Canadian International School, Bangalore hosted The Terry Fox Run, 2013 at its campus. The Terry Fox Run is an annual non-competitive charity event held in numerous regions around the world in commemoration of Canadian cancer activist Terry Fox, and his Marathon of Hope to raise money for cancer research. Renowned athlete Ashwini Nachappa was the chief guest for the run. More than 400 students from various schools took part in the run.


Canadian International School’s involvement with this unique event is a small way of giving back towards the cancer research. It was a great day to see so many people who had come out of their way to extend their support for this great cause. I would like to thank all staff and students of schools that took part in today's run. We at CIS believe in getting involved to make a difference said Priya Anand -Community Service Coordinator.


I am really pleased to see the wonderful crowd turnout this year. This was only possible due to the support from the students and staff of CIS, said Mr. Nitin Tolani.


Organizing the Terry Fox Run CIS has been a phenomenal experience. Being part of such a huge organization, knowing you have potentially changed someone’s life is just surreal said Sajal Mehta, a student.


Organizing the Terry Fox Run without the constant support we received from our volunteers and our CAS coordinator Ms. Priya, would have been impossible, considering we had to juggle exams and lessons at the same time. Watching everyone come out and contribute to this wonderful cause with such enthusiasm; it has been an insightful experience said Tanushree Guha, a student.


Back in 1980, no one in Canada thought it possible that a young man with a prosthetic leg could run a marathon a day, every day….but Terry did. What Terry Fox achieved struck a chord with Canadians. His efforts inspired millions, and the Terry Fox Run took off and has not looked back.  33 years and nearly 2/3 of a billion Canadian dollars later, the Terry Fox spirit is alive and well in communities all over the World said Shane Kells, Head of School, Canadian International School.


For Further details, please contact: 9591003005, 080 - 42494444

India Four-Wheeler Sector - Why is it a challenge for MNCs?


·         Key factors to succeed in India. India is a unique market with strong local players, and perhaps the only large market where none of the top four players globally have even a 5% share. We believe MNCs need to do well on the following parameters to succeed in India: (1) Suitable products (2) Sales & service network (3) India as an export base (4) Brand strength (5) Ownership costs, and (6) Commitment to India.
·         Hyundai, Nissan and Honda, the key threats to Maruti. In our analysis of all the global automakers, Hyundai, not surprisingly, fares the best on most parameters. Nissan is the one showing the highest aggression with plans to enter each segment of the market and a capacity addition plan which makes it the second largest in terms of capacity in India. But so far its execution has been patchy. Honda stands out for the strength of its brand and is now making efforts to launch the right products for the market, especially in the B segment where it plans to have six products.

·         Maruti – a leader working hard. On almost every parameter above, Maruti fares on top. To fix the gap in its product portfolio, it is likely to launch two new SUVs and is also working on a smaller diesel engine for its A segment cars which shall help it sustain/increase its market share. The company's cost saving and localisation efforts are already bearing fruit. A recovery in the market could further boost margins via operating leverage and discount reduction. We increase our estimates by ~8% as we build in higher volumes to account for Maruti's entry into SUVs. Our target price increases to Rs1,960 (from Rs1,760).

Tuesday 26 November 2013

Promoters infuse Rs. 244 crores in Omaxe Limited


Omaxe Limited, one of India’s leading Real Estate companies, headquartered in Delhi, have informed the exchanges that the Company is conducting a postal ballot for obtaining the approval of shareholders for reclassification/ increase in authorised share capital. Alteration in Capital clause of the Memorandum of the Company, Alteration in Articles of Association of the Company to authorize Board of Directors to issue Preference Shares and for Issuance of non-cumulative, con-convertible, redeemable preference shares.

The promoters have brought down their stake in the Company from 89% to 75% through the Offer for Sale mechanism and a bonus issuance to comply with SEBI’s Minimum Public Shareholding Regulations. The stake sale has fetched the Promoters close Rs. 244 crores, which the promoters shall plough back into the Company through redeemable preference shares.

Speaking on the development, Mr. Sudhangshu S. Biswal, President-Corporate Finance said that the step taken by the promoters to plough back the OFS proceeds into the Company is very positive and significant. Post the allotment of preference shares the Net Worth of the Company would be Rs. 2147 crores. As of September 30 2013, the gross debt equity ratio of the company stood at 0.50, while the net debt equity ratio for the company stood at 0.41. Gross Debt as on September 30, 2013 stood at Rs. 1,025 crores. With the capital infusion, the Gross debt equity ratio of the company will be 0.48, while the net debt equity ratio stands at 0.39, which is by far the lowest in the industry. The above developments assume significance, since the Company has been continuously paring its debt from Rs. 1983 crores in FY 2009 to the current levels. Our strong presence in Tier II & III cities have helped us in recording a healthy growth in sales from Rs 815 cr in FY 2009 to Rs 2100 cr in FY 2013.



Promoters infuse Rs. 244 crores in Omaxe Limited


Omaxe Limited, one of India’s leading Real Estate companies, headquartered in Delhi, have informed the exchanges that the Company is conducting a postal ballot for obtaining the approval of shareholders for reclassification/ increase in authorised share capital. Alteration in Capital clause of the Memorandum of the Company, Alteration in Articles of Association of the Company to authorize Board of Directors to issue Preference Shares and for Issuance of non-cumulative, con-convertible, redeemable preference shares.

The promoters have brought down their stake in the Company from 89% to 75% through the Offer for Sale mechanism and a bonus issuance to comply with SEBI’s Minimum Public Shareholding Regulations. The stake sale has fetched the Promoters close Rs. 244 crores, which the promoters shall plough back into the Company through redeemable preference shares.

Speaking on the development, Mr. Sudhangshu S. Biswal, President-Corporate Finance said that the step taken by the promoters to plough back the OFS proceeds into the Company is very positive and significant. Post the allotment of preference shares the Net Worth of the Company would be Rs. 2147 crores. As of September 30 2013, the gross debt equity ratio of the company stood at 0.50, while the net debt equity ratio for the company stood at 0.41. Gross Debt as on September 30, 2013 stood at Rs. 1,025 crores. With the capital infusion, the Gross debt equity ratio of the company will be 0.48, while the net debt equity ratio stands at 0.39, which is by far the lowest in the industry. The above developments assume significance, since the Company has been continuously paring its debt from Rs. 1983 crores in FY 2009 to the current levels. Our strong presence in Tier II & III cities have helped us in recording a healthy growth in sales from Rs 815 cr in FY 2009 to Rs 2100 cr in FY 2013.



Over 150 million sq.ft of new office space by 2017


Top 3 cities seen among the highest growth rates in Asia Pacific

By ANSHUMAN MAGAZINE, CMD –CBRE South Asia Pvt. Ltd.

The commercial office segment of India’s top cities is expected to see fresh supply addition of more than 150 million sq.ft by end-2017. According to CBRE Research, the next four to five years (including the concluding months of 2013) are slated to see the completion of a number of under construction and planned commercial office projects—almost comparable to the existing Grade A office space of India’s National Capital Region (NCR) and its financial capital put together. The top seven cities in the next few years, could, therefore, potentially see completion of office space worth the market size of yet another Mumbai and Delhi NCR. At this stage, it would be interesting to consider the exponential growth of India’s investment grade commercial office footprint over the last ten years. From a total Grade A office space stock of about 42 million sq.ft across the top cities in 2003, to the current market space of more than 400 million sq.ft—the sector has witnessed growth in excess of 800% over the last decade. 


With respect to Asia Pacific, although Tokyo clearly sets the benchmark for office space development in the region, the supply growth anticipated in the commercial markets of Hong Kong and Singapore will nearly double that of Tokyo in the coming years.Going forward, however, the commercial Grade A office markets of Bangalore, Mumbai and the NCR are likely to observe some of the highest growth rates in the region. These three metropolitan centers—together with the tier-II locations of Chennai, Hyderabad, Pune and Kolkata—have more then 150 million sq.ft lined up for completion within the next four to five years. Bangalore, in fact, would be comparable to the development patterns of Shanghai’s office market, while those of Mumbai and the NCR would be comparable to Kuala Lampur and Bangkok, respectively. Substantial opportunity, however, lies for further growth as the commercial office real estate space in the country’s major hubs continues to be lesser than other developed global cities, such as New York and London.

The three major metropolitan centres of Bangalore, Delhi NCR and Mumbai are slated to account for nearly three quarters of this planned supply, with Bangalore and the NCR alone expected to contribute to more than half of the total upcoming office space addition by 2017-end. Most of these are planned and under-construction IT/ITeS spaces. Gurgaon and Noida are likely to attract the maximum number of these projects in the Delhi NCR; and quite a few micro-markets in Bangalore too are expected to follow suit. While the Outer Ring Road (ORR) stretch is anticipated to witness more than half of the supply set to hit Bangalore in the next four years, the rest of the city’s upcoming office space will come up in the North Bangalore area, followed by Whitefield and Electronic City. 

IT/ITeS development being fairly recent in Mumbai, in comparison to the other two major Indian cities, the metropolis accounts for lesser supply addition. The fact that the core city does not offer much scope for additional space creation, also adds to a comparatively conservative supply plan for office space. The peripheral business districts of Thane and Navi Mumbai are expected to witness maximum supply in the next four to five years, followed by the suburban Bandra-Kurla Complex (BKC), and the commercial micro-markets of Malad and Goregaon. 

The period 2014–15 is likely to see the maximum share of this upcoming supply, since projects slated for a release during this period are both spill-overs of pent up supply from 2013–14, as well as planned projects already under-construction. With a considerable level of supply lined up for 2014–15, rental values of select micro-markets—such as Gurgaon, ORR, Thane and Navi Mumbai—are likely to remain under pressure.

While the total office space shares of the three main cities are anticipated to see a rise in the coming years—Bangalore is likely to occupythe maximum share, followed equally by Mumbai and the NCR—the tier-II locations of Kolkata, Pune, Chennai and Hyderabad are actually going to see a comparative slide, albeit slight; in the total share of commercial office space. In the long run, such a top-heavy growth pattern may prove unwieldy for India’s commercial real estate sector.Another indicative trend worth noting is the growth of urban sprawls across the top Indian cities, with commercial development spiralling outward from existing urban centers towards peripheral locations. Land value is usually considered to be the chief driver of development patterns; and when property values are lower on the periphery of urban centers,land is consumed at a faster rate as populations and businesses shift from urban cores to suburban fringes.


This projected expansion of India’s real estate sector, however, is subject to an effective utilization of the potential opportunities for growth, and implementation of relevant policy measures to resolve bottlenecks plaguing the industry.

Quirky moustaches for a cause this November?



Don’t be surprised if you see men in your city wearing different, sometimes weird moustaches or beards. Chances are they might be participating in a worldwide movement to raise awareness about prostate cancer and other issues of men’s health.

The month of “November” is celebrated across the world as “MOVEMBER”, a movement that originated in Australia aimed at drawing attention to and create awareness on Prostate Cancer and Men’s health. It all started when in 2003 two Australian brothers decided to wear quirky moustaches.

The movement soon became a rage worldwide with people as well as medical practitioners working against prostate cancer joining the cause.
Prostate cancer has emerged as a leading killer globally. Of the 7.6 million deaths due to cancer worldwide, one-sixth caused by prostate cancer which is also today the second most frequently diagnosed cancer type after lung cancer,”T.R.Murali, Urologist, Meenakshi Hospital says.

Prostate cancer is becoming alarmingly common among ageing men. In India, where life expectancy has increased to 65.48, prostate cancer incidence is growing by 1% every year. However, not many people are aware of this problem and its treatment to prevent it from turning fatal. We need to up the ante against the disease by spreading awareness about prostate cancer and initiatives like Movember are of great help for this.

The month of November has been renamed “Movember”. In the beginning of the month, men register at the website with a clean-shaven face and grow their moustache over the month.

Clean shaven guys called 'Mo Bros' register at Movember.com and then for the rest of the month they groom, trim and wax their moustache. They become walking, talking billboards for 30 days, and through their actions and words raise awareness on men's health, including prostate cancer, testicular cancer and depression.

“Anything different and quirky does attract attention. An interesting moustache will definitely turn more heads than a billboard stating ‘prevent prostate cancer’. This is why we have joined in this movement. Through this issues of men’s health like prostate cancer become the talking point in conversations, discussions and debates. This is what we want,” says a Movember activist.

This movement is very popular in Australia, Germany, Italy, Switzerland, Singapore, France and Israel to name a few and is picking up in India. 


Tata Docomo Introduces Social Networking Data Packs for Young and Connected Customers


~First-of-its-kind service aimed at making it easier for people to connect~
·         Industry first initiative of integrating Facebook, FB Messenger and Twitter in one customized package
·         Popular social networking sites i.e. Facebook, FB messenger and Twitter in a single pack
·         Affordable packs across wallet sizes and preferences with daily, bi-monthly and monthly packs
In continuation to its commitment to enable customers to connect better, Tata Docomo today announced the launch of yet another customer value proposition in the data domain. These data packs will enable Tata Docomo GSM customers to enjoy popular Social Networking sites with specially customized value for money plans.

In a first of its kind initiative, the data offerings offer its young and always connected customers the choice of integrated Social Networking packages to choose from. Priced affordably, users can choose from a combination of Facebook, Twitter and FB Messenger packs. These packs are specially customized to suit the needs and wallet sizes of customers who desire to remain connected on the go.

Mr Rishimohan Malhotra, Head – VAS Marketing, Tata Docomo said, “The launch of the integrated Social Networking data packs reiterates our commitment to celebrate conversations & emotions across social platforms. These packs are yet another example of our commitment to harness the transformational benefits of new age applications to enrich the daily lives of our customers. We have, in one stroke, enabled customers to choose the manner in which they want to stay connected in an affordable way that promises value for money”
“Offering Integrated Social Networking data packs are a reaffirmation of their tremendous potential and our investment in enabling richer data experiences. These packs are priced Daily, Bi-Monthly and Monthly and offer all round flexibility of choice.”

Customers simply have to dial *123# from their Tata Docomo mobile to subscribe to these packs. The Daily Social Combo Pack priced at Re 1 offers free 10 MB usage of Facebook, Twitter and Facebook messenger services for a single day.


The Social Combo Pack offers 150 MB of free Facebook, fb messenger and Twitter with a validity of 15 days. TheMonthly Social Combo Pack for Rs 30 offers 300MB usage of Facebook, twitter and Facebook messenger