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by Najuka G ·   Sales up 25.5 percent to EUR 9.66 billion in fiscal year 2017 ·    Strong volume increase in all segments ·    EBITDA pre exceptionals up by 29.6 percent to EUR 1.29 billion ·   EBITDA margin pre exceptionals improved from 12.9 percent to 13.3 percent ·   Net income pre exceptionals increased by 53.9 percent to EUR 379 million ·    Dividend for 2017 proposed to rise by 14 percent to EUR 0.80 per share ·    Outlook for FY 2018: EBITDA pre exceptionals for “New LANXESS” expected slightly above previous year ·   CEO Matthias Zachert: “We achieved a lot strategically and operationally in the last fiscal year, laying firm foundations for the future.” Specialty chemicals company LANXESS continues its profitable growth path. The company ended fiscal year 2017 with record earnings. LANXESS has also made a good start to the new year. EBITDA pre exceptionals rose by 29.6 percent in fiscal year 2017...

by Najuka G  Mumbai, March, 2018:  Today, MMRC signed first System Contract Agreement for the Electrical System works of  25 kV Traction System  for Colaba-Bandra-Seepz Metro 3 project with  ‘Consortium of Alstom Transport India Ltd & Alstom Transport S.A’.  This package mainly covers design, installation and commissioning of ‘Rigid Overhead Contact System and Auxiliary substations’. The Contract Agreement was signed by Mr. A.A.Bhatt, Director (Systems) on the behalf of MMRC and by Mr. Sriram Raju & Mr. Bruno Izambart on behalf of Alstom Consortium. ‘Letter of Award’ for this work was issued earlier on 21 st  February 2018. The work consists of laying Overhead Rigid conductor system in Underground tunnel alignment of 33.5 km route length, flexible and retractable type OCS in Depot, laying of 33kV & 25kV cable, Auxiliary Substation at 27 stations and other associated works etc.   Commenting on the same, Managing Director MMRC,...

by Najuka G Squash Ace Ali Farag wishes RNSF and IPSL the very best Gul Panag and Masters Champion Rishad Pandole join Pro Abhinav Sinha at the launch   Mumbai, March 28 th  2018:  After organizing several major squash events very successfully, across the country, Rolling Nicks Sports Foundation (RNSF) proudly brings the Indian Premier Squash League, 2018 (IPSL 2018) to Mumbai.    The event is being curated by the founder of the Rolling Nicks Sports Foundation, Abhinav Sinha, a renowned professional squash player turned coach, and will take place in May 2018, at the very prestigious Cricket Club of India (CCI). This is the first time that international squash will be presented in an exciting league format with teams that include India’s most promising Junior National champions, like  Yash Fadte , Yoshna Singh, Parth Ambani,  etc. who will compete   alongside international pros such as  Elvinn Keo  (Malaysia best rank 5; PSA...

by Najuka G Mumbai, March , 2018: With the annual changes in season, the burden of allergic diseases in India has been on an uprising trend in terms of prevalence as well as severity. Allergic rhinitis (commonly known as hay fever) is one of the most common allergic diseases worldwide, affecting about 10-25% of population. It is one of the top ten reasons for visit to primary care physicians. As a precautionary method, there is increasing evidence that people can alleviate this problem by using HEPA technology air purification solutions at home or in the workplace to create safer indoor havens.  Commenting on this, Arvind Chabra, Country Head Blueair India, said , “It is very essential to identify the Invisible dangers. Breathing in tiny, unseen pollutants puts every individual at risk. Air purifiers are one of the effective solutions to keep the indoor air healthy at all times. With superior HEPASilent™ technology, Blueair air purifiers empower individuals to take cont...

by Suman Gupta Mumbai, India — March, 2018 DataScoring will offer the FICO Alternative Lending Platform in Colombia The FICO Alternative Lending Platform gives lenders a less expensive way to make credit risk decisions, using cloud-based analytics and decision strategies Analytics software leader FICO today announced that it has partnered with Colombian firm DataScoring to provide  cloud-based credit risk assessment  to lenders. DataScoring now offers the  FICO sup> Alternative Lending Platform  in Colombia, giving banks, card issuers, retailers and other firms that offer credit an easy way to access world-class credit origination software and risk assessment analytics at a lower cost. More information:  https://www.datascoring.co/ The FICO Alternative Lending Platform includes  risk scoring models, lender-designed origination strategies and reporting . When a new or existing customer applies for credit, the lender’s credit origination sys...

by Najuka G Mumbai,28 March 2018, Mumbai : Maharashtra Village Social Transformation Foundation (MVSTF), an initiative with a mission to transform 1,000 villages across the state, today joined hands with Shri Siddhivinayak Ganpati Temple Trust in a bid to empower and push development in rural part of the state as one of the Mumbai's biggest charitable trust handed over a cheque of Rs. 10 crore to Hon'ble Chief Minister Shri Devendra Fadnavis. On the occasion the cheque was handed over by Shri. Aadesh Bandekar, Chairman, Shri. Siddhivinayak Ganapati Temple Trust in presence of dignitaries and members of the Trust and MVSTF. To converge the developmental efforts between the  Government of Maharashtra and Corporate India , MVSTF enables a public-private partnership at grass root level. The partners provide financial resources along with domain knowledge and expertise to bring about lasting change in key development areas.Under the guidance and mentorship of Additional Chi...

by Priya Incorporated in 1994, Orissa Bengal Carrier Limited is a Raipur, Chhattisgarh based logistics company engaged in goods transportation business. The company is one of the IBA approved transporter having ISO 9001:2015 certification for provision of Quality Management System Service. It serves a broad range of industries, including the steel, coal, aluminum, cement, petrochemicals, paper, marble, tiles, infra, textile, FMCG. The various types of services provided by the company include: Full Truck Load Transport Services, Parcel and Part Truck Load Services/less than Truck Load (LTL).  The company has a network 45 branch offices spread across the various regions of the country, which serves as strategic hubs for its operations. It has a diversified customer base spreading to over 200 customers as on September 30, 2017. The clientele includes public sector undertakings, corporate and other private players from steel, aluminum, cement, petrochemicals, power, chemic...

by Najuka G  Over 40 representatives and leaders from pharmaceutical companies engaged in a discussion with 3M’s Global and Indian safety experts about the importance of a healthy and safe workplace environment   Mumbai, March 2018 : On the back of celebrating National Safety Month, 3M India organized the third edition of the India Pharmaceutical Advisory Council (IPAC)   in Mumbai today. Aimed at educating and addressing daily safety challenges and ensuring worker safety, the IPAC brought together 3M’s Global/Indian experts and pharmaceutical partners such as Abbott, Cipla, Emcure, GSK, Inventia Healthcare, Mylan, Microlabs, Unichem and Zydys Pfizer among others, to discuss the importance of  “Moving towards 100% Safety Compliance Behavior” . Talking about the risk arising from solvents in the pharmaceutical industry,  Mr. Bharat Londhe, Global EHS Head for Piramal,  suggested the methods they are using to build the engineering and administrative c...

by Najuka G Mumbai , March 2018 - Birla Edutech Limited (BEL) announces their foray into international curriculum delivery with the launch of Birla Open Minds International School (BOMIS). The announcement was kicked off with a panel discussion at NSCI with stalwarts from the educational sector. BOMIS adds to the few international schools in south Mumbai with a curriculum that boasts of a holistic and all-inclusive approach to education. In order to give equal emphasis on extra-curricular activities along with thematic and STEM based integrated international curriculum, BOMIS has tied up with renowned institutes aimed at introducing world-class learning opportunities for its students some of the associations include Helen O’ Grady for performing arts sessions and Shiamak Davar Institute of Performing Arts for specialized dance sessions. Furtados School of Music has been signed up to deliver Music lessons to the students. The programs are well received by parents resul...

by Najuka G   Mumbai: MALU WILZ, the German skin care brand, has come up with the perfect solution for young ladies aged between 16 to 25 years, who are constantly dreaming of having supple and flawless skin. The skin care expert has launched three new products in India under its new ‘Young Care’ range with the tagline ‘Feel comfortable in your skin’, and, that’s exactly what the range does — it offers an easy, quick and simple night and day skin care regimen, that promises healthy, glowing and flawless skin. All products under the new range are priced at Rs. 699. The  FRESH CLEANSING GEL  priced at Rs. 699 for 100 ML is a thorough but mild face cleanser. While its exotic lotus flower extract moisturises and soothes irritated skin, the refreshing green tea extract protects against the harmful environment. The second product in MALU WILZS’ ‘Youth Care’ range is the light, fast-absorbing  MOISTURIZING FLUID  priced at Rs. 699 for 50 ML th...

by Najuka G March 2018 :  USC Global Supply Chain Symposium India 2018 saw a gala presence of Dignitaries from all over the globe. This new generation has made an environment to connect with leaders, develop community, and create transformation through global supply chain excellence. The inaugural session was attended by Raj Dias, Symposium Chairperson and President, Global DCM Inc. (GDCM), Nick Vyas, Program Director, USC Center of Global Supply Chain Management, Junaid Ahmad, Country Director India, World Bank,Eugene Seroka, CEO & Executive Director of Los Angeles Port, USA,  Mr. Ravinder Saroop, Commissioner GST, Dheeraj Rastogi, Joint Secretary GST Council, Ajay Jhalani, Managing Director, WTPL Thailand, Augustine Chalissery, Founder and CEO, SourceProcureDeliver, Dilip Mehta, CEO Pegasus Shipping, Ashok Sharma, President Indian Academy of Management with a packed audience at St. Regis Hotel, Mumbai. This event sa...