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Ramesh Nair, CEO & Country Head, JLL India by Priya Jadhav On September 14, 1960, US President, Dwight D. Eisenhower, signed new legislation to establish Real Estate Investment Trusts (REITs) in the country. Considered a landmark step, it revolutionised the real estate industry once and for all. REIT which combines the best of both real estate and stock market investing was born. It also brought the benefits of real estate investments to all retail investors, in addition to the institutional fund houses. India story is no different than other developed markets such as the US. First proposed in 2014, India’s moment of reckoning finally came in March 2019 when it witnessed the launch and successful listing of its first REIT by Blackstone and Embassy. This has signalled the beginning of a new phase of Indian real estate. The Embassy Office Parks REIT portfolio of 32.6 mn sq ft comprises 24.2 mn sq ft of completed assets and 2.9 mn sq ft of under-construction office sp...

Revenue crosses 1000 crores and PAT grows by 19.5% in FY19 by Priya Jadhav Ahmedabad, May, 2019: Garware Technical Fibres Ltd. (Formerly Garware-Wall Ropes Ltd.), a leading manufacturer of technical textiles for the Indian and global markets, announced its financial results for the fourth quarter and financial year ended March 31 st , 2019. Q4FY19 Highlights: §   Revenue has grown by 23.3% to Rs. 289.5 Cr in Q4FY19 as compared to Rs. 234.8 Cr in Q4FY18 §   Profit after tax grew by 24.7% to Rs. 36.6 Cr in Q4FY19 as compared to Rs. 29.3 Cr in the same quarter last year §   EPS for Q4FY19 is at Rs. 16.73; this is a growth of 24.7% over Q4FY18 FY19 Highlights: §   Revenue grew by 14.9% to Rs. 1017.8 Cr in FY19 as against Rs. 885.5 Cr in FY18 §   Profit after tax grew by 19.5% to Rs. 125.6 Cr as compared to Rs.105.1 Cr in FY18 §   EPS stood at Rs. 57.4; reflecting a growth of 19.5% over FY18      ...

by Priya Jadhav Mumbai,May 2019 : Medical Technology Association of India (MTaI), which represents leading research-based medical technology companies having a large footprint in manufacturing, R&D and training in India, today said QCO Orders for medical device regulation do not fit in government’s broader plan to ensure patient safety or lower cost of healthcare.   Bureau of Indian Standards (BIS) through Department of pharmaceuticals (DoP) is in the process of finalising a quality control mechanism for medical devices. It had issued a draft Quality Control Orders (QCO) for six categories of devices including blood glucose monitoring system, surgical blades, gloves, and clinical electric thermometer, seeking stakeholder views. MTaI has submitted its inputs to the government.   “The proposed Quality Control Orders has a limited scope as it does not adequately address all aspects of quality, safety and performance and only covers the product safety stan...

by Priya Jadhav Mumbai,May 2019: As new cars and 2-wheelers get registered every day, the streets of Mumbai are getting congested day by day making the commute even to shorter distance sound like hell. Not only is the commute getting longer, but with rising carbon emissions the environment too is taking a hit. But Mumbai, help is soon going to be at hand! The Smart Commute Foundation (SCF) has taken a lead in implementing a sustainable solution to this problem. At a panel discussion held at Sofitel BKC today, SCF shared  its vision to make Mumbai the Bicycle capital of India by 2030 announcing the 6th editions of, “Get Cycloned 2019.” Ride in the city to celebrate World Bicycle Day, Smart Commute Foundation for the first time in India unveiled a road identity card for Pan India Cyclists Speaking on the occasion, Ms. Firoza Suresh, popularly known as the Bicycle Mayor of Mumbai and the founder of SCF, highlighted the urgent need to adopt sustainable means of commute li...

●         BCCI's mission is to create a relevance of stakeholder engagement and collaboration both within and outside, the organization to build and sustain reputation ●         The strategic conclave will be held on 14 June in Mumbai by Priya Jadhv Mumbai, May, 2019: Bombay Chambers of Commerce & Industry (BCCI), the apex industry body is hosting the first strategic conclavein the financial capital of India on June 14, 2019 to have industry stalwarts, brand strategists, to share insights on brands that have delivered value in dynamic times. The discussion will focus on the importance of having ‘One Voice’, for succeeding in achieving an organization’s vision. The event, ‘Breaking Silos: People, Power, and Purpose in Dynamic Times’ will have industry leaders and veterans who have ensured collaboration and proactive communication with all stakeholders, to build powerful brands. The relevance and ...

by Priya Jadhav As a part of its centenary celebrations, Wagh Bakri Tea Group introduces the new packaging for its instant tea range in four exciting flavours – of Masala, Elaichi, Ginger & Lemongrass. It is also available in ‘No Added Sugar’ variant for the health conscious consumer. For those who prefer their coffee on-the-go, an ‘instant-coffee’ product has also been launched. The packaging has been designed after extensive research on global packaging trends and consumer insights. Wagh Bakri Instant Tea is modern travel essential for the ones who never compromise on their cup of tea. It gives you a feel of homelike tea even when you are kilometres away from your home and have access to nothing else other than hot water. The instant tea formula is also called the three-in-one formula because it contains Milk Solids, Tea and Sugar. Just pour the premix in a cup, add hot water and your tea is ready. Mr Parag Desai, Executive Director, Wagh Bakri Tea Group says, “Indian...

100 % students from ‘GAIL Utkarsh’ Kanpur centre clear JEE Mains, 50 out of 60 from  Uttarakhand centres make the cut  by Priya Jadhav Kanpur, May, 2019 : In a resounding success of GAIL (India) Limited’s flagship Corporate Social Responsibility initiative ‘GAIL Utkarsh’, all 100 students from underprivileged sections of society enrolled at its Kanpur centre qualified the JEE Mains 2019 examination. Apart from them, 50 of the 60 students from its newly-established centres in Uttarakhand also cleared the prestigious entrance test, GAIL Director (Human Resources) Shri P K Gupta announced here today. While the Kanpur chapter has been consistently successful in transforming the lives of talented students, this is the first time that it has achieved a success rate of 100 %, wherein all the 100 students including 14 girls, qualified the JEE Mains this year. Last year, 99 of the 100 students had passed the examination, Shri P K Gupta said at a felicitation ceremony...

by Priya Jadhav There is a plethora of natural beauty treatments around us today, which greatly benefit our skin and body. However, many of these were discovered by ancient civilisations, much before we were even born. We’ve seen incredible natural beauty in women from different cultures and different ethnicities around the world, whether it’s strong and shiny hair, a clear and supple complexion or soft and gorgeously tanned skin. Women all around the world partake in rituals, regimens and cultural traditions with the goal of looking and feeling beautiful. No matter the societal norm for their region, being desired seems to be an innate want for people all across the globe. Inspired by the Indian vedic ritual of ‘Pushpanjali’, that relays the message of devotion through an offering, or arghya, of flowers to the Gods above. This Pushpanjali Floral Dew is a fine blend of wispy floral absolutes like Lavender, Chamomile, Rosemary, Bergamot, Frangipani, and Patchouli. The dew trans...

by Priya Jadhav It’s that time of the year! The sun shines brighter than ever, pool’s just the right temperature & there’s no such thing as “too many cocktails”. Inspired by the vibe that Summer brings with it, Shaya by CaratLane has introduced Aloha. A juicy concoction of baubles, colourful beads & dainty chains, Aloha is not just a collection but a state of mind. Handcrafted in gold-plated 925 Sterling Silver with Red & Green Aventurine stones, the collection features 44 designs consisting of earrings, necklaces, rings, bracelets, hair accessories, anklets & toe rings. Each design is characterized by colourful beads and dangling gold-plated silver chains, making it extravagant yet playful. There’s even more reason to bring out those maxi dresses, spaghetti tops & swimsuits you’ve been waiting to wear. With Aloha, you can take your style game several notches higher, whether it’s a day by the pool, sundowner or summer brunch with girlfriends. The bright ...

by Priya Jadhav New Delhi,May 2019 : BenQ, the Worldwide No.1 DLP Projector brand, announces the launch of two new 4K Home Projectors, W1700M, an upgrade of its home cinema projector BenQ W1700, and TK800M, an upgrade of TK800 sports projector. Expanding its home entertainment line, the projectors comes equipped with the exclusive CinematicColor ™  technology presenting precise color as directors envisioned and conveys true feelings to the viewers. Committed to providing a better 4K HDR viewing experience, BenQ with its latest projectors enhanced color accuracy to wider Rec.709 levels while also balancing brightness on the latest W1700M and TK800M models, bringing stunning movie and sport watching experiences to your home. Commenting on the announcement , Mr. Rajeev Singh, Managing Director,  BenQ said “BenQ continues to lead the way in delivering cutting edge solutions leveraging 4K technology with its performance-oriented projector series. We will keep embracing...