WEB NEWS

Financing will be used for Lending to Small and Medium-Sized Enterprises Operating in Health Sector in India by Najuka G  Mumbai, July 24, 2018:  The U.S. Agency for International Development (USAID) and the Dewan Housing Finance Corporation Limited (DHFL) today officially announced the signing of a $10-million loan portfolio guarantee in an effort to improve access to capital for healthcare providers in Tier II & Tier III cities. Through the risk-sharing agreement signed between USAID and DHFL, the Mumbai-based lender will be able to provide up to $10 million to small- and medium-sized enterprises operating in the health sector in India, prioritizing lending to women entrepreneurs. Through this partnership, USAID and DHFL intend to achieve the following: ·           Increase outreach to de-risk and improve access to finance for the Indian healthcare sector, especially breaking barriers for women entrepreneurs so they can establish or expand their healthcare enterprises

~Lack of quality office space restricts transaction growth~ by Najuka  Mumbai, July 25, 2018:  Knight Frank India today launched the ninth edition of its flagship half yearly report -  India Real Estate.  It presents a comprehensive analysis of the  residential and office market performance of MMR  for the period  January – June 2018 (H1 2018) . Office Takeaways: ·           New office space supply lowers by 42% YoY  ·           Vacancy levels see a marginal rise to 21.5% ·           Lack of quality office space in desired business districts limits transactions, transaction lower by 7% YoY ·           Greater share of transactions in lower rental peripheral and suburban office markets pull down weighted average transacted rentals by 8% YoY Co-working comprises 30% of transactions by ‘Other Services’ sector Residential Takeaways: ·           Launches grow 128% YoY in H1 2018 on a low base of H1 2017 due to dumping ground reprieve in BMC region and mega project lau

by Najuka G Mohali, 21st July 2018  YWC, the premium sports & lifestyle brand by star Cricketer Yuvraj Singh, has launched their second store in India – this time in his very own hometown, Mohali, Chandigarh on 21st July 2018. The first stand-alone store was earlier launched in Varanasi last year, which received an over whelming response. The store in Mohali, Chandigarh is a natural progression and a location Yuvraj was keen on having a presence in since the launch of the brand. The latest store will now be a flagship store for the brand and will house a vast collection of their latest products across fashion and sports gear. The launch of the store at VR Punjab witnessed an extensive display of YWC’s new sports gear collection as well as the core fashion collection introducing their upcoming Autumn-Winter range. The store is located on the Upper Ground Floor of VR Punjab. Commenting at this milestone, Yuvraj Singh stated  “I am really  happy that we have launche

by Suman Gupta Mumbai, 23 rd  July 2018 : This August, Mumbai’s largest shopping, dining and entertainment destination Phoenix Marketcity, Kurla is all set to take you through an exquisite expedition of Thailand! Experience the culture and splendor of Thailand at the  Thai Festival  by Phoenix Marketcity, Mumbai (Kurla) on  4th – 5th August, 2018. Hosted in association with the  Royal Thai Consulate-General , the  Thai Festival  at Phoenix Marketcity, Mumbai (Kurla) gives Mumbaikars a chance to experience Thai culture, relish authentic Thai food and indulge in retail therapy – all at this gigantic destination. The  Thai Festival  will showcase multiple events including a Thai Boxing Show with Professional Boxers from Thailand, a special Thai food segment wherein chefs from leading Thai Restaurants such as The Thai Pavilion by Taj Vivanta, Nara Thai Restaurant,  and  Lotus Blossom  will create and demonstrate authentic Thai delicacies. There will also be a cooking competition

by Najuka G  Mumbai – July 20, 2018 : Union Bank of India was today awarded “Best Bank for Promotional Scheme Award - Runner up in Large Category” instituted by Chamber of Indian Micro, Small and Medium Enterprise (CIMSME), New Delhi.                 The above Award was received at the hands of Hon’ble Minister of State for MSME, Shri Giriraj Singh, by Shri R.K.Verma, Executive Director ,Union Bank Of India & Shri.P.S.Rajan, General Manager (MSME), Union Bank of India. Union Bank of India has been recognized for the various promotional schemes launched by the Bank for the growth of MSME in India.

by Najuka G MUMBAI, July, 2018:   Papers N Parcels, the brainchild of 13-year-old Tilak Mehta, is creating digital disruption in courier servicing. Bringing together the power of technology with the world’s most efficient network of Mumbai d abbawalas , it was launched after a successful beta testing phase. Papers N Parcels, the app-based courier service, has tied up with the Mumbai Dabbawalas to leverage the award-winning network of over 5000 dabbawalas  for door-to-door delivery and pick-up of packages within Mumbai City limits. Every dabbawalla who doubles up as a courier boy, carries an Android phone loaded with the Papers N Parcels app to take orders for pick-up or delivery. To use this service, people need to download the app and schedule their time. The Papers N Parcels app has real-time tracking features as also of the courier person with their contact details, which enhances the safety factor.  At the beta test phase, the Papers N Parcels app was efficiently hand

  Announces ‘India Khush Hua’ as its new tagline by Najuka G National, July 10, 2018: Shemaroo Entertainment has been a household name for more than 5 decades now. It was not just a medium through which movies reached Indian households… it was the very reason why countless Indian families enjoyed lifetime of unforgettable moments together. Shemaroo made Bollywood almost synonymous with itself and with those happy moments! In lieu of the digital opportunities in the Indian M&E industry, Shemaroo has set out on a new growth path and today it unveiled a new chapter in its journey. Hiren Gada, CEO and Atul Maru Joint MD, Shemaroo Entertainment along with Kunal Jeswani, CEO – Ogilvy India showcased a new brand identity to the world. Shemaroo has always provided its viewers with refreshing and engaging content. But the needs of the fast-paced modern generation are different from what they used to be. Earlier this year it brought world’s leading creative agency Ogilvy I

by Najuka G  Mumbai, July , 2018: The All India Gem and Jewellery Domestic Council (GJC)), formerly known as All India Gems & Jewellery Trade Federation (GJF), extends its support to Gem & Jewellery Skill Council of India (GJSCI) for preparing candidates to represent India in the upcoming WorldSkills Competition to be held at Kazan, Russia in 2019. The preparation for the competition started with a registration process, where about more than 150 candidates across India registered themselves for the WorldSkills Competition. The registered participants went through a screening process, where 16 candidates were shortlisted for the two regional level competitions which were held in May and June, 2018 and 6 winners were identified, who would compete at the national level IndiaSkills Competition later this year. In IndiaSkills competition, three candidates will be identified, who will undergo an intensive training program for one year. One of the candidates will

Ranks 8 th  amongst 100 best companies, features as a Great Place to Work for the 7 th  time   by Najuka G Mumbai,July, 2018 : India’s first private and leading FM radio network,   Radio City, which is a part of Music Broadcast Ltd, ranked 8 th  amongst 100 best companies in ‘India’s Best Companies to Work For – 2018’ -    a study by The Economic Times and Great Place to Work® that recognizes organizations that are great employers. Music Broadcast Ltd. is awarded the best place to work at in Media and Entertainment industry and Career Management category. The study measures employee experience and evaluates the people practices of participating organizations to arrive at the final list of companies. The survey is being conducted for the 10 th  time in India with more than 600 participating organizations this year. Radio City prides itself in the culture and legacy of the organization, with exceptional leaders and mentors who support employees in their personal as well as profes

by Najuka G    New Delhi- July, 2018 -  NEC Corporation  (NEC; TSE: 6701) today announced the signing of a sponsorship agreement between its subsidiary PT. NEC Indonesia (NEC Indonesia) and the Indonesia Asian Games Organizing Committee (INASGOC), an organizing committee of the 18th Asian Games. Under the agreement, NEC Indonesia becomes a supporting sponsor and the ICT security system partner for the games, which will be held in and around Jakarta and Palembang, Indonesia between August 18 and September 2, 2018.   The Asian Games are one of the world’s largest multi-sport events, held every four years since 1954. More than 16,000 Athletes from 45 Asian countries will participate in this year’s event. As the ICT security system partner, NEC will contribute to INASGOC’s effort to realize a smart, safe and efficient environment, both for athletes and guests, through the provision of innovative venue ICT solutions, including network infrastructure and surveillance systems.  “In

by Najuka G Mumbai, July 6, 2018 :  With the theme, ‘All about Data Centres – Convergence of All Stake Holders’, ISHRAE Mumbai Chapter has successfully launched its flagship event ‘Symposia’ on July 6, 2018, at The Leela, Andheri (East), Mumbai. ‘Symposia 2018’ majorly focused on bolstering an infrastructure for data centres where energy efficiency is a core concern. The conference aimed towards bringing renowned exhibitors, consultants from data centres industry on a single platform to discuss various possibilities that can be explored to build a data centre ecosystem that ensures optimized power usage. The seminar covered various aspects of designing, building and operating a data centre from the point of view of air conditioning and refrigerating which are essential components of energy consumption. Key dignitaries present for the inaugural were  Mr. Murari Sinhal , Group Sr. Vice President in Reliance Industries Ltd.,  Mr. Prakash C Lohia , Sr. Vice President (Power &