INORBIT MALL PROMOTES ENTREPRENEURSHIP IN WOMEN – PINK POWER WINNERS ANNOUNCED

~ Indian actress author and producer, Tisca Chopra felicitates winners of Pink Power at a grand felicitation ceremony @ Inorbit mall Malad ~

Mumbai, 24 August 2017 - Inorbit mall today concluded its third edition of Pink Power Campaign – an initiative to support women entrepreneurs with great business Ideas. The multi-city campaign that was hosted across 5 locations and 4 cities, culminated today at Inorbit mall, Malad with a grand felicitation ceremony. Winners were felicitated by versatile actress, author and producer Tisca Chopra, Mr. Puneet Varma, Associate Vice President, Marketing and Corporate Communications, Inorbit malls and Mr Satish Mukte from Central Bank of India. Inorbit mall rewarded the winners with a free kiosk space to operate their business for a period of 9 months. In addition to this the winners will be offered financial assistance by Central Bank of India as per the prevailing bank norms and exposure for business through partners like Shop CJ.

The third edition of Pink Power had garnered close to 1411 entries across Mumbai, Navi Mumbai, Bangalore, Hyderabad and Vadodara. After close to a two-month long screening process based on criteria like innovation, scalability and future potential Inorbit had found 10 promising winners this season. This year’s winners are:

·         NAVI MUMBAI: Anuradha Alurkar (Founder of A Big Indian Story) which is into cruelty free vegan leather bags and wallets & Aradhana Nagpal (Founder of Dhoop) that offers ethnic handicrafts like décor accents, lighting and handmade bath products.

·         MUMBAI (MALAD): Nidhi Deshmukh (Founder of Tat Twam Asi) that offers wide range of western wear that caters to the plus size category. The second winner from Malad is Nehal Raicha (Founder of Kites Clothing Co.), which offers ethnic wear for kids.

·         BANGALORE: Bangalore has three winners this year which include Pooja Sukhija (Founder of Recode) which is into pre-owned fashion like salwar suits and wedding dresses. The other winner is Usha Sivaramakrishnan (Founder of Astra Designs) that offers quirky jute bags. The third winner from Bangalore is Simeran Bhesin and Ivy Chin (Founder of Brag) which is into Teen Lingerie.

·         HYDERABAD: Varsha Mahendra (Founder of Dsgyn Idys) that curates customized designer blouses.

·         VADODARA: Manveen Kaur (Founder of Hobby in a box) which is a do yourself concept with an art and craft kit. The second winners is Rakesha Shah (Founder of Whola) that is into Food Confectionaries.

Over a few years, Pink Power has evolved as one of the most popular campaigns. Pink Power has won recognition at advertising and marketing awards like Effies and Abbys. The campaign was recognized in the gold category at the DMA Asia award too. The earlier editions of Pink Power were supported by prestigious organizations like The Indian School of business, Hyderabad; Goldman Sachs program and Your Story.

Speaking about the initiative, Puneet Varma, Associate Vice President, Marketing and Corporate Communications Inorbit Malls Pvt Ltd, said, “Inorbit mall salutes the spirit of women. Pink Power is a platform for budding women entrepreneurs to realize their business dreams. We are delighted by the overwhelming response the campaign receives every year with exceptional business ideas. The Inorbit family wishes luck to this year’s winners. We hope to promote more and more talent with such campaigns every year.”

PhonePe achieves $2.5 Billion runrate in July

Mumbai, 24^th August, 2017: PhonePe, India’s fastest growing digital payments company, today announced that it achieved a phenomenal $2.5 Billion total payment volume (TPV) annual runrate. This is the fastest ramp up seen in India’s digital payments market to date. PhonePe’s monthly transactions have grown 800% since December last year, fueled largely by exponential growth in online merchant, mobile recharge and bill payment transactions. The PhonePe mobile app has been downloaded by over 40 million Indians in the past 10 months.

Sameer Nigam, Co-founder & CEO, PhonePe said, “We are excited by the rapid adoption of PhonePe across India. The $2.5 billion TPV milestone further validates that our efforts to make digital payments really easy, safe and universally accepted are starting to bear fruit. We want every Indian - whether urban or rural - to feel comfortable joining the cashless economy.”

Next Generation of Infor CloudSuite™ Industrial Machinery Now Available

New Updates Include Enhanced Mobile, Procurement and Production Capabilities

MUMBAI -  Aug 24, 2017 - Infor, a leading provider of beautiful business applications specialized by industry and built for the cloud, today announced the availability of the next generation of Infor CloudSuite Industrial Machinery.  Infor CloudSuite Industrial Machinery is a scalable, secure platform built for machinery and equipment manufacturers, and provides deep visibility into the details of a business, helping users to easily configure and price unique products, manage complex projects, streamline production, coordinate with global suppliers, manage factory floor activities, deliver quality products, and manage service operations. The solution is designed to boost performance and efficiency in areas that are essential to the industrial machinery and equipment business-including global financial management, and key manufacturing and service processes.

The next generation Infor CloudSuite Industrial Machinery delivers new capabilities to better support service, production, procurement and pricing. Specifically, users have access to a new workbench for supplier claims, the ability to use kits in service orders to quickly and easily enter a list of items, and new mobile enhancements to synchronize and send visit reports to customers in real-time. In addition, organizations have access to new revision controls and tracking for purchase contracts, job shop orders, and contracts.

Updates to Infor CloudSuite Industrial Machinery also include:

• Role Based Home Pages. Built for critical roles in the company, these home pages allow quick access to KPI's, alerts, work flows and data. Users also have the ability to personalize these pages and configure and create their own home pages.
• Extended Authorization Framework. This update allows control of user access based on business process authorization and data authorization. This helps an organization with the correct segregation of duties, set-up accurate information access, better handle exceptions, and accomplish audits.
• New Functionalities in Mobile Field Service.  Enhanced mobile capabilities deliver tools for service engineers to have better interactions with customers. New functionalities include creating calls from a mobile device for new requests from the customers during a visit, the ability to send e-mails with the visit reports approved by the customer, and review inventory on their service truck or others when necessary. This helps save time, reduce administrative work, and boost efficiency.
• Enhanced Resource Management. By allowing a company to assign skills to employees and to different tasks, organizations have better control and visibility into work load. The assignments can be done based on projects, service orders, work orders activities, job shop orders, inspection orders, non-conformance, and corrective action plans.

"Manufacturers need to focus on meeting customer expectations and growing their business, which is why partnering with an organization that understands the specific needs of the machinery and equipment industry is paramount. Infor is honed in on what this industry requires, what updates need to be made to stay ahead of competitors, and is constantly listening to the needs of our customers to make those adjustments," said Ed Talerico, Industry Strategy Director, Infor. "This newest iteration of Infor CloudSuite Industrial Machinery has the power to manage a complex array of information long before a product is ever sold, and can help organizations execute quality control, keep track of components and configurations, production success, inventory, distribution, and procurement strategies, with the agility to shift with demand fluctuations."

For more information visit: http://www.infor.com/cloud/cloudsuite-industrial-machinery/.

HINDUJA VENTURES LIMITED (‘HVL’) AUDITED STANDALONE AND CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED MARCH 31, 2017

Revised Standalone total income for the year end Rs. 203.39 Crores and PAT Rs. 102.91 Crores.

Revised Consolidated total income for the year end Rs. 826.09 Crores and loss of Rs. 56.61 Crores.

The Board of HVL at its meeting held today approved the revised audited standalone and consolidated financial results for the financial year ended March 31, 2017 on the Scheme of Arrangement between Grant Investrade Limited (GIL), a wholly owned subsidiary of the Company and IndusInd Media & Communications Limited (IMCL), a subsidiary of the Company having become effective pursuant to which Headend-in-the-Sky (HITS) business undertaking of GIL vested into IMCL effective from October 01, 2016, being the appointed date.

HVL Revised Standalone Results:-

• The net profit after tax stood at Rs. 102.91 Crores as against Rs. 100.59 Crores for the financial year ended March 31, 2016.

• HVL on standalone basis reported a total income of Rs. 203.39 Crores for the financial year ended March 31, 2017 as against Rs. 332.49 Crores for the financial year ended March 31, 2016.

Revised Consolidated Financial Results:-

• Consolidated total income for the financial year ended March 31, 2017 is Rs. 826.09 Crores as against to Rs. 679.98 Crores for financial year ended March 31, 2016.

Consolidated net loss after tax and minority interest stood at Rs. 56.61 Crores as against loss of                     Rs. 81.21 Crores for the financial year ended March 31, 2016.

Indian organizations are leading adoption of agile in Asia Pacific

Results of CA Technologies Study Shows India Embracing the Power of Agile and DevOps to Unleash Business Benefits

India, 22^nd August, 2017 – As digital transformation continues to redefine customer experience and brand loyalty, a CA Technologies global study reveals that India is a leader in the adoption of advanced agile (53%) and advanced DevOps (59%) practices across Asia Pacific and Japan (APJ). As a result, Indian decision makers are seeing up to a 63% increase in customer satisfaction and up to a 58% improvement in employee productivity, helping them create happier customers and employees. 

The survey also indicates that 88% of the Indian organizations that use agile and 92% that use DevOps have gained advantage in employee recruitment and retention – a key area that Indian leaders are focusing on to create a market differentiator and to succeed in their digital transformational journeys.

Not only is India amongst the leaders in the region in the adoption of advanced agile and advanced DevOps, local organizations also report greater benefits from these technologies than other businesses in the region.

India organizations are seeing the strongest improvements in the region for:

·        Quality of development since implementing agile (60%) or DevOps (56%)

·        Operational efficiency since implementing agile (58%) or DevOps (53%)

·        New business growth since implementing DevOps (56%)

In addition, 93% of organizations implementing agile (and 89% implementing DevOps) have seen an improvement in the customer experience.

“Today, customer experience is driving technology – specifically software – into the heart of every company’s business model,” says Abhilash Purushothaman, Country Director, Solution Sales, India & SAARC Region, CA Technologies. “CA Technologies is playing a key role in enabling customers with the right strategy and software solutions to win in the application economy.”

The study, Accelerating Velocity and Customer Value with Agile and DevOps, conducted in alliance with Coleman Parkes polled 1,770 senior business and IT executives worldwide, with 799 from across APJ, about their attitudes towards agile and DevOps practices and the impact they see it having on their business. The study shows a direct correlation between technology and tools to real business benefits and articulates the key benefits companies across APJ would gain from broadly implementing agile and DevOps – particularly if they went a step further to combine them by adding DevOps to an agile environment. 

Resources

· Agile and DevOps: Accelerating Digital Transformation Results Infographic

· Digitally Remastered: Building Software into your Business DNA

· DevOps for Digital Leaders: Reignite Business with a Modern DevOps-Enabled Software Factory

·A CIO's Guide: Five Steps to Business Agility

Enjoy spirit and joy of Ganesh Chaturthi with Aaji’s Modak Ice Cream!

Mumbai,22 August, 2017:In an attempt to woo Modak lovers, Havmor Ice Cream, a leading pure milk ice cream brand has come-up with Modak Ice Cream this year, too. This unique offering is exclusively available in select Havmor ice cream outlets across Maharashtra & Goa.

Last year Modak Ice Cream received overwhelming response. It is a perfect dessert for modak lovers, especially the health conscious minds. It is a concoction of churns of dried coconut shreds, almonds & pistachio nuts. With every layer of ice cream, one will experience a real taste of Modak.

Speaking about the flavor, Mr. Ankit Chona, Managing Director, Havmor Ice Creamsaid, “We had received overwhelming response for Modak Ice cream last Ganesh Chaturthi and therefore, to delight modak lovers this time as well, we have brought this exotic flavor to enjoy the celebration of festival with loads of modak in the form of ice cream.”

The new exotic variant ice cream, designed for Modak lovers,is available in the form of Modak, starting from INR 70/- per unit. This flavor is available till stocks last, so visit the nearest outlet and enjoy the modak melting in the mouth, with its delightful flavor.

SUNIL’S WAX MUSEUM LONAVALA AND DEVGAD WILL HAVE WAX SCULPTURES OF ANKUSH CHUADHARI AND AMRUTA KHANVILKAR!

We all know the famous Wax museum Madame Tussauds in London for its wax statues of some renowned personalities. This Museum has many branches all over the world and recently they opened their new branch in Delhi, India. But it’s not possible for everyone to visit Delhi to see fine wax sculpture of their favourite ones. So Sunil Kandaloor had glance at all this and he understood that this could be a great way to achieve his dreams. Sunil who is born and brought up in Kerla, is the most well-known wax sculpture artist in India and first one to have a Wax museum in Lonavala and Kochi. His museums have sculptures of many eminent personalities, e.g.  Adolf Hitler, Lionel Messi, Narendra Modi, Mahatma Gandhi etc. His museums have become one of the most visited tourist spots.

After having such a great response for his two ventures, recently he opened his third branch in Devgad, Ratnagiri with the help of MLA Mr. Nitish Rane, who is a renowned and a sensational leader. Coming from a political background Rane has done lot of work in Konkan region for its betterment. So he decided to make Konkan more charming and with this museum. Konkan is famous for mangos and beaches. Ganesh utsav and Holi, these two festivals are celebrated on a grand scale in Kokan. Most of the Mumbaikar’s who belongs to kokan visit their native places during these festivals. And hence this Ganesh Utsav Nitish Rane decided to give a pleasant surprise to them and the natives of Kokan and he brought wax sculptures of the leading actors of Marathi industry Ankush Chaudhri and glamorous actress Amruta Khanvilkar, which has increased excitement among their fans. Both the actors have always been a style icon for the younger generation and have been favourites of the audience for their brilliant performances and acting skills. Along with the wax sculptures of Narendra Modi, Indira Gandhi, Lionel Messi, and Superstar Rajnikant, now Ankush Chaudhari and Amruta Khanvilkar’s wax statue will also be a treat for the visitors, at Wax Museum Devgad. Wax museum having wax statues of Marathi Celebrities is something which we all can be proud of. In the next two months we can see the wax statues of Bollywood celebrities like Amitabh Bachchan, Shah Rukh Khan, and Salman Khan as well as Marathi actors Swwapnil Joshi, Sai Tamhankar and Tejaswini Pandit. Sunil came with a great idea but it wouldn’t have be possible without Mr. Nitish Rane’s support. Nitesh Rane’s effort to establish this wax museum at Devgad is really appreciable.

INDIA'S FIRST EVER LICENSING SHOW "INDIA LICENSING EXPO 2017" CONCLUDED IN MUMBAI ON AUGUST 21ST

 

First Ever Licensing Show held in Mumbai More than 100 Global and domestic brand and over 5000 delegates attended the Expo and Gala Event Eminent Personalities like Taapsee Pannu, Sanjeev Kapoor, Maura Regan, Dan Frugtniet, Gaurav Marya and Aahana Kumra graced the occasion Over 30 brands awarded for excellence as Licensor of the Year, Licensee of the year, by India Licensing Awards  in association with Marie Claire Viacom 18, Marie Claire, Universal Music, Mondo TV, JCB, Polaroid, NBA, Sesame Street, Authentic Brands Group were a few amongst list of top brands participating Speaker Conference concluded by sessions from prominent leaders like Dan Frugtniet, VP – Licensing & Business Development, Nickelodeon Viacom Consumer Products, Maura Regan- Executive Vice President, LIMA, , JCB, Anurag Sachdeva- Director (India & South East Asia), Rovio, Chris Evans-MD, University of Oxford, Yannick Colaco, Managing Director at NBA India, Jason Sutton, Director – Licensing, Polaroid, Ishmeet Singh, Country Manager, Mattel Toys (India)

Mumbai, 20TH  August 2017: India Licensing Expo (ILE), India's first and most influential business-to-business brand licensing show was concluded successfully on August 21st at Sahara Star, Mumbai in presence of many eminent leaders and celebrities. Brainchild of License India, Indian Licensing Expo witnessed participation from over 100+ global and domestic brands for retail industry along with more than 5,000 national/international delegates

With an aim to increase awareness and support the growth of licensing in the country, the expo was graced by presence of many eminent personalities like Taapsee Pannu (Indian Actor), Aahana Kumra (Indian Actor, recently seen in Lipstick Under My Burkah), Sanjeev Kapoor (most renown Chef of the country), Maura Regan (LIMA), Dan Frugtniet (Viacom 18), Nihar Lakhia (FIEO) and Usha Laxman.

"We are really proud that we were able to put up a great show which not just brought together the brightest leaders in business, apparel, cinema, music, sports and character licensing under one roof but also brought together numerous brand opportunities, direct pool of brand owners & decision makers, elaborate knowledge forums, exclusive licensing recognitions, fun character parade, preview rooms for brands for exclusive showcase for retailers to grasp the property better, and much more. In scenario when India is a brand-hungry market, we see a natural inclination towards licensing as an effective retail strategy. We have been successful in bringing India Licensing Expo as a dedicated hub where the industry unifies to shop brands for business across all industries. Brand licensing has been well accepted as a retail strategy in India, and through ILE 2017, we brought the global understanding to Indian landscape and plan to do such Show’s more often," said Mr. Gaurav Marya, Chairman, License India.

Viacom 18, Marie Claire, Universal Music, Mondo TV, JCB, KKCL, WWE , Polaroid, NBA, Sesame Street, Authentic Brands Group, Green Gold Animation, were a few amongst list of top brands participating at the first ever licensing show that was held in the country. Conceptualized by exclusive licensing media company, License India and supported by global licensing body, Licensing Industry Merchandisers' Association (LIMA), Indo-French Chamber of Commerce and Industry (IFCCI) and Sports Goods Foundation of India. The show sponsors were Viacom 18, KKCL , Orion Installations, Dream Theatre and Bradford License India. Ernst & Young were process tabulation partners for India Licensing Awards, concurrent event of ILE 2017.

India Licensing Show kick started with a unique Character Parade including more than 15 global cartoon characters followed by combination of 2 day Master Class, 1 day Conference, Exhibition and Awards.  ILE profiled a unique opportunity to know it all in just two days, covering every aspect of licensing model and its usage in your business at strategic and retail level. ILE offered an exhaustive licensing ecosystem by inviting over 10,000 business visitors over the show and visits from retailers / manufacturers from all sectors – apparel, footwear, jewelry, bags, small leather goods, eyewear, accessories, travel gear & luggage, electronics, back to school range, mobile phones & accessories, Bluetooth devises, audio, IT products & accessories, personal care, skin care, cosmetics, fragrances, hair grooming, publishing, new media & apps, games & toys, home linen & furnishings, and much more. 

With announcements from various International brands entering the Indian Market at the Expo platform, ILE also witnessed  launch of 'Common Woman' by Rimanika Laxman  inspired by her granddaughter of Lt. R.K Laxman’s -‘Common Man’, who was empathetic, observant and vulnerable in special presence of Taapsee Pannu, at the press  conference organized by India Licensing

The Exposition displayed all kind of licensing opportunities for manufacturers & retailers across products, such as in characters, Chhota Bheem, Peppa Pig, PJ Masks, Dora, Popeye, Motu Patlu, Toki Doki, Jungle Book, Ben 10, Power Puff Girls, Mighty Raju, Sponge Bob, Jumanji movie, Emoji Movie, Sesame Street, and much more. In corporate brands, the galore offered brands like Juicy Couture, Aeropostale, Spyder, Misook, Airwalk, Lamborghini, Compaq, JCB, Fashion TV, University of Oxford, Marie Claire, Absorba, Shell, Pepsi, Mountain Dew, Route 66, Polaroid, Femina Flaunt, Kuber, Mechanix, and much more. Music & Art brands like Universal Music with wide pool of top artists, MTV, Billboard, Michael Jackson, Marilyn Monroe, Elvis Presley,  Romero Britto and much more; and sports properties such as NBA, Delhi Daredevils, Extreme Sports, VOIT, Mancity FC, FC Barcelona, Roland & Garros, Cycle Polo Federation of India, Maui & Sons, Muhammad Ali, Shaq and much more.

The show proffered two forums, a Master Class and a Conference. The 2 days certification master class began a day prior of the show on 19thAugust and ended on 20th August. The master class was a comprehensive circle of the licensing model and was conducted by Mr. Chris Evans, Managing Director, University of Oxford, and Mr. Pete Canalichio, Managing Partner, Licensing Brands Inc. Further, the second day was replete with a power packed agenda of remarkable leaders on panels like Dan Frugtniet, VP – Licensing & Business Development, Nickelodeon Viacom Consumer Products, Maura Regan- Executive Vice President, LIMA, Jiggy George- Founder & CEO, Dream Theatre and head of LIMA India, Samir Jain-Executive Director and COO at Green Gold Animation Pvt Ltd, Shivram Saran-AVP & Head - Consumer products, JCB, Anurag Sachdeva- Director (India & South East Asia), Rovio

7. Juan de Lascurain, Chief Dreamer, Dream Big World, Chris Evans-MD, University of Oxford, Yannick Colaco, Managing Director at NBA India, Jason Sutton, Director – Licensing, Polaroid, Ishmeet Singh, Country Manager, Mattel Toys (India) Pvt. Ltd, Ritu Marya, Editor-in-chief, Entrepreneur India, Manish Mandhana, CEO, The Mandhana Retail Ventures Ltd. and many more.

In words of Mr. Jiggy George, Head of LIMA India and Founder of Dream Theatre, “The timing was just right for a Licensing Expo in India to bring the fraternity together but what’s more, to educate and sensitize potential partners on the benefits of this wonderful business. The show was extremely successful and had all the ingredients to be beneficial to attendees and I am sure will grow in size and stature over the years.”

ILE 2017 ‘exclusively’ also hosted India’s foremost licensing recognition platform, India Licensing Awards 2017 partnered with Marie Claire. Celebrating the best in Indian Licensing Industry,  the whole fraternity came together to celebrate excellence and to raise a toast to outstanding achievements in the industry so far.– Licensor Of The Year (Entertainment, Celebrity, Sports, Corporate, Bollywood, Art, Character, Music), Licensee Of The Year (Apparel, Fashion Accessories, Toys & Games, Gifts & Novelties, Back To School, Electronics, Retail Innovation & Business Concept, Home Décor, FMCG, New Media & Publishing), along with Special Categories like IP Firm Of The Year and Licensing Agent Of The Year.

In words of Ms. Chitra S. Johri, Director, Bradford license India, “Though at a nascent stage, the Indian licensing industry holds massive growth potential. ILE2017on the same lines offered a platform for the Indian licensing fraternity to come together for the first time, brainstorm and address the challenges in a cumulative manner. I am delighted to see the real change coming already in the country, where all of industry colleagues confirmed to come together to stir licensing into Indian retail. This was a bigger movement in our domain of licensing, benefitting each product category in actual sense. Bradford is a proud partner of this show, and we represented all our brands for licensing”

ABOUT THE ORGANIZERS - LICENSE INDIA

License India, an exclusive brand licensing vertical of Franchise India Group, is India’s first licensing media services company formed with the objective to increase awareness and support the growth of licensing in the country. Being the knowledge centre, the vertical comprises of licensing editorial initiatives in the publications like The Retailer and The Entrepreneur, along with the portal www.licenseindia.com, and business-to business licensing shows encapsulating conferences, workshops, expositions, and awards, under Brand Licensing India, and India Licensing Expo. License India excels in the licensing space with its strategic and knowledge based verticals. For more information log on to www.licenseindia.com

ABOUT LIMA

Founded in 1985, LIMA (Licensing Industry Merchandisers' Association) is a conglomerate of over 1000 companies and individuals, engaged in the worldwide marketing of licensed properties, both as agents and as property owners, with an aim to foster the growth and expansion of licensing at the global scale. For more information log on to www.licensing.org