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Saturday 3 September 2016

Q1FY17 Net Profit up 19.1% YoY to Rs. 92.73 Crores EBITDA Margin improves to 31.5%




Mumbai, India, September 1, 2016: Mahanagar Gas Limited (BSE: 539957, NSE:  MGL), today announced its unaudited financial results for the quarter ended June 30, 2016.

The Company has adopted Indian Accounting Standards (“Ind AS”) from 1 April, 2016 and the financial results for this quarter and the corresponding quarter of the previous financial year have been prepared in accordance with the same.

Key Financial Highlights

Q1 FY 2016-17 (As per Ind-AS)

Mahanagar Gas Limited (MGL) has reported a 19.1% increase in its Profit After Tax of Rs.92.73 crores for the quarter ended 30 June, 2016, compared to Rs.77.87 crores for the quarter ended 30 June, 2015.

The Company has recorded overall volume growth of 7.5%, consisting of a growth of 8.3% in its CNG volumes and a 5.5% growth in PNG volumes. The EBITDA margin has improved to 31.5% as compared with 24.6% in the corresponding quarter of the previous financial year.  
Sales/ Income from operations is reported at Rs.530.70 crores as compared with Rs.562.28 crores in the corresponding quarter of the previous financial year. The reduction is mainly due to a reduction in the selling prices of both CNG and PNG, in view of lower input gas cost. Earnings have increased to Rs.9.39 per share for Q1 2016-17, from Rs.7.88 per share for Q1 2015-16.


Commenting on the results, Mr. Rajeev Mathur, Managing Director, said, “This is the first quarterly earnings release after the company listed in July 2016. We are happy to report an all- round progress in terms of sales volumes, profits and earnings per share. Among other things, additions to our customer base and a reduction in gas costs has helped us achieve an improvement in our financial performance as compared to the corresponding quarter of the previous financial year.”

 

PERFORMANCE HIGHLIGHTS

Q1 2016-17 V/S Q1 2015-16
PARTICULARS
UOM
Q1 FY
2016-17
Q1 FY
2015-16
% INCREASE / (DECREASE)
SALES VOLUMES:




CNG
SCM Million
169.18
156.27
8.3%
PNG – Domestic
SCM Million
26.11
24.35
7.2%
PNG – Industry / Commercial
SCM Million
32.07
30.80
4.1%
PNG  - TOTAL
SCM Million
58.18
55.15
5.5%





TOTAL VOLUMES
SCM Million
227.36
211.42
7.5%





TOTAL VOLUMES
MMSCMD
2.50
2.32
7.5%





NET SALES VALUE:




CNG (Net of Excise Duty)
Rs. Crores
345.53
361.26
(4.4%)
PNG
Rs. Crores
134.04
149.65
(10.4%)
TOTAL
Rs. Crores
479.57
510.91
(6.1%)





INCOME FROM OPERATIONS (Gross)
Rs. Crores
534.14
565.12
(5.5%)
Less: Excise Duty
Rs. Crores
50.70
51.32
(1.2%)
INCOME FROM OPERATIONS (Net)
Rs. Crores
483.44
513.80
(5.9%)
NET PROFIT (after tax)
% of Net Income from Operation
Rs. Crores
%
92.73
19.2%
77.87
15.2%
19.1%
EBIDTA
% of Net Income from Operation
Rs. Crores
%
152.35
31.5%
126.49
24.6%
20.4%
EARNINGS PER SHARE
Rs.
9.39
7.88
19.1%




Tuesday 30 August 2016

METLIFE WINS TWO STEVIE® AWARDS IN 2016 INTERNATIONAL BUSINESS AWARDSSM




Recognized for Best New Product and as the Most Innovative Company of the Year


Hong Kong, August 29, 2016 - MetLife, Inc. (NYSE: MET) a leading global provider of insurance, annuities and employee benefit programs, announced that it has been recognized with awards in two categories in The 13th Annual International Business Awards.

Category
Award
Country/Region/Product
Best New Product or Service of the Year - Financial Services

Gold Stevie® Winner
MetLife Asia: Empowering Women in Asia to Live Healthy and Beautiful Lives
Most Innovative Company of the Year - in Asia, Australia and New Zealand

Bronze Stevie® Winner
MetLife Asia: Driving Regional Innovation through the Optimization of Customer-Centric Intelligence and Analytics

The Award for Best New Product or Service of the Year went to MetLife Asia’s first lifestyle and health plan for women, named BEAUTIFUL.  First launched in June 2015, the product was designed to address the needs of the fast-growing 30 to 50 year old female segment and empowers them to lead beautiful and healthy lives, as well as providing financial security and protection in case of illness.  

“BEAUTIFUL is a life-enhancing product designed specifically to help women improve their health and lifestyle through fitness, nutrition and beauty benefits, as well as providing the trusted navigation of a health concierge and health recovery service when illness strikes,” said Ralph Brunner, Chief Marketing Officer, MetLife Asia.  “We had developed the product after carefully listening and responding to the needs, wants, fears and aspirations of women across Asia. We are delighted to receive this award.”

Related to the Award for the Most Innovative Company of the Year - in Asia, Australia and New Zealand, MetLife Asia was recognized for having launched two key projects that foster and promote innovation.  The first was the establishment of its Center of Excellence for Data Analytics (COEDA) in 2014 to transform big data into customer insights, deliver a more holistic customer experience, and drive improvements to business performance.  LumenLab was the second project; a Singapore based innovation space that develops, prototypes and tests new business models, actively seeking to disrupt and go beyond the status quo. The center fosters a culture of innovation within MetLife in more than 10 countries across the region and creating new businesses that address Asian consumers’ needs in health, ageing, and wealth management.

The International Business Awards are the world’s premier business awards program. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small - are eligible to submit nominations. The 2016 IBAs received entries from more than 60 nations and territories. Nicknamed the Stevies for the Greek word for “crowned,” the awards will be presented to winners at a gala awards banquet at the Rome Cavalieri Waldorf Astoria Hotel in Rome, Italy on 21 October.  



महाराष्ट्राची लगोरी


महालगोरी 
 

लगोरी म्हंटलं कि सर्वानाच आपले बालपण आठवते. या खेळाशी प्रत्येकाचे काही ना काही नाते असतेच. लगोरी .. डिकोरी... लगूरी अशा अनेकविध नावानी या खेळाला ओळखले जाते. 
लगोरी हा महाराष्ट्राचा पारंपरिक खेळ आहे असे म्हंटले तरी वावगे ठरणार नाही कारण याचे काही पौराणिक संदर्भ सुद्धा मिळतात. शिवाय  या खेळाला आता आंतरराष्ट्रीय मान्यता हि मिळाली आहे. 
 
पण आताच्या पिढीला या खेळाबद्दल फारशी माहिती नाही . म्हणूनच विस्मरणात जात असलेल्या या खेळाला आम्ही पुन्हा एकदा महालगोरी च्या निमित्ताने  सर्वांच्या समोर आणण्याचा प्रयत्न करत आहोत . या कार्यक्रमाचे आयोजन एशियन एंटरटेनमेंट चे श्री. सचिन साळुंखे आणि निमंत्रक शिवरत्न एंटरटेनमेंट चे  धैर्यशील मोहिते पाटील यांनी केले आहे.  संकल्पना तेजपाल वाघ आणि व्यवस्थापन फ्रेमएलिमेंट्स यांच्या द्वारे केले जाणार आहे. सप्टेंबर २०१६  च्या अखेरीस अकलूज येथे हे सामने होणार आहेत. शिवाय झी टॉकीज वाहिनी वर या सामन्यांचे प्रसारण होणार आहे.
 
२८ ऑगस्ट २०१६ रोजी या क्रीडा मालिकेचे उदघाटन मा. श्री. राज ठाकरे साहेब यांच्या हस्ते वेस्टीन हॉटेल गोरेगाव पूर्व या ठिकाणी संपन्न झाले. 
 
महालगोरी चे वैशिष्ट्य असे आहे कि यामध्ये खेळ आणि मनोरंजन यांचा अनोखा संगम पाहायला मिळणार आहे. आपले मराठी कलाकार यामध्ये भाग घेणार आहेत. आठ टीम्स आणि त्यांचे कॅप्टन अशी यांची विभागणी असेल. प्रत्येक टीम च नाव एका किल्ल्यावर आधारित असेल.  या टीम्स च्या माध्यमातून आम्ही महाराष्ट्रातील किल्ल्याना प्राधान्य देण्याचा प्रयत्न करत आहोत. याच बरोबर विजेत्यांच्या बक्षिसाची रक्कम किल्ल्यांचे संवर्धन  करणाऱ्या NGO  ला देण्यात येईल. यामुळे आपल्या किल्ल्यांची साफसफाई आणि चांगली व्ययस्था ठेवणाऱ्या NGO ला मदत होईल आणि आम्हाला  महाराष्ट्राचे  वैभव जपण्याची संधी मिळेल. 

या प्रसंगी प्रसाद ओक आणि संजय नार्वेकर यांनी रंगमंचावर लगोरीचा खेळ खेळून सामन्याला सुरुवात केली .  
 
या क्रीडा मालिकेचे शीर्षक गीत संगीतकार रोहन - रोहन यांनी केले आहे . संजय जाधव , प्रसाद ओक , संजय नार्वेकर , अभिजित पानसे , सोनाली कुलकर्णी , स्मिता गोंदकर , हेमांगी कवी , केदार शिंदे , संग्राम साळवी , आदिनाथ कोठारे मनीषा केळकर , श्रुती मराठे  असे अनेक मान्यवर कलाकार खेळणार आहेत. आणि टीम्स ची नावे अनुक्रमे अशी असतील.

रांगडा रायगड 
सरखेळ सिन्धुदुर्ग 
अभेद्य अकलूज 
नरवीर सिंहगड 
पावन पन्हाळा 
सरदार शिवनेरी  
झुंजार राजगड 
बुलंद प्रतापगड  

Viviana Mall makes the auspicious festival of Ganesha eco-friendly



Mumbai, 28th August, 2016To spread awareness and promote environment friendly Ganesha festival; Viviana Mall, leading retail destination mall in Mumbai Metropolitan Region has arranged a workshop for all Ganesha devotees to visit and make eco friendly Ganesha idols with their own hands.

School, college students, office goers are visiting Viviana Mall to make ‘Eco friendly Ganesha’ on August 27 and 28, 2016. The mall has put forth the initiative to encourage use of eco friendly idols this Ganesha festival. The response on August 27 and 28, 2016 was tremendous and many visitors including kids and senior citizens participated in the eco friendly Ganesha making workshop. Last year too, the mall had created a huge Ganesha idol made of recycled papers. This year the mall is moving a step ahead and showing devotees of Ganesha how they can be a part of the environment protection initiative.
On the occasion of Ganesh Chaturthi, the mall shall do sthapna of all idols that are made by customers and worship all of them together.

Ms. Rima Pradhan, Head of Marketing, Viviana Mall said, “Every year we undertake an initiative to worship eco friendly Ganesha idol at our mall. To take the initiative a level above, we have decided to show our customers how they can themselves make eco friendly Ganesha idols. The idea is to spread the message across that making eco friendly Ganesha idol is not a difficult task.”
“We aim to promote eco friendly Ganesha festival every year and the mall will continue to be a part of such initiatives going forward.” She added further.

Saturday 27 August 2016

Award Winning Mystery Thriller, ‘Predestination’ premiere’s on Indian Television, Only on MOVIES NOW 2

Movies Now 2_logo


Mumbai, August 25, 2016: MOVIES NOW 2 – the channel known for its smart and stylized movie content, is set to bring another edge of the seat mystery thriller to Indian Television; ‘Predestination’. The movie will be a Satellite Premiere that will air on Sunday, August 28, 2016 at 9 PM.

‘Predestination’ – the movie, is based on the short story ‘All you Zombies’, Robert A. Heinlein. It’s a story of a time travel agent, who embarks upon a final assignment of his career; to prevent a deadly criminal from launching an attack that can take lives of millions. The chase turns into a mind boggling journey of time travel, love and fate.

The Australian movie was released worldwide in the year 2014, and is written and directed by the Spierig Brothers. The movie stars brilliantly talented actors Ethan Hawke, Sarah Snook and Noah Taylor. The film won as many as 11 awards and 18 nominations at various film awards in Australia. It also went on to win the award for the Best Screenplay at the Toronto After Dark Film Festival (2014).

This is the This is the first Spierig brothers film in 5 years, following Daybreakers (2009) which followed a 6 year gap after their debut film Undead (2003).

Tune in to MOVIES NOW 2, for this edgy sci-fi mystery thriller
Predestination - On Sunday, August 28, 2016 @ 9 PM

Thursday 25 August 2016

Hyundai Launches Global Sedan ‘All New Elantra’



- Over 11.5 Million Happy Customers Worldwide
-  High on Safety with 53% Advanced High Strength Steel (AHSS)
- ‘Dynamic Precision’ - the new Fluidic 2.0 design language

Mumbai, August 24, 2016: Hyundai Motor India Ltd, the country’s leading premium car manufacturer and the largest passenger car exporter, today launched the All New 6th Generation Elantra, which redefines prestige in its class.
 All Round Excellence and Great Experience are some of the Expressions that are associated with the All New Elantra, which has establishes it as the most popular model globally. The development team associated with the creation of the All New Elantra has conquered the tough challenge of creating a model which could live-up to this reputation and deliver unmatched value. For this, after taking feedback from numerous customers globally, A Completely New Vehicle Platform was created with Safety & Performance as highest priority.

Speaking at the launch of The All New Elantra, Mr. Y K Koo, MD and CEO, Hyundai Motor India Limited said, “The All New Elantra is the Global Bestseller and has set forth new standards in its every generation. In the pursuit to achieve world’s best technology, the All New Elantra is the culmination of 26 years of continuous and dedicated research by Hyundai Motor. Currently in its 6th Generation, the All New Elantra builds upon the momentum and success of its award-winning history with strong value proposition. The advanced safety, bold aerodynamic design and class above features make it a complete driving experience Redefining The Prestige in its class.”

Dynamic Design
‘Dynamic Precision’ is the new Fluidic 2.0 design language of the 6th Generation Elantra. The exterior projects Bold, Stylish and Dynamic expression while the interiors echo generous flair of Comfort and Luxury making it the Best Elantra Ever Made.
The exterior styling of All New Elantra is Bold, Modern and Futuristic. The design evolution encourages dynamic expression and projects sportiness with sense of stability. The front is defined by Hyundai’s signature chrome hexagonal grille that projects bold and distinctive character. While the sleek HID headlamps together with LED light guides gives a sharp and futuristic look. The side profile is designed with a sence of sporty & coupe like silhouette while the rear is extremely impactful with eye catching split type LED Tail lamps. Aerodynamic profile of the car along with innovative wheel air curtain and other advance design package technologies have resulted in Best-in-Class drag coefficient of 0.29.
The All New Elantra’s sculpted body forms are complimented smoothly by contoured lines that reveal the underlying inspiration of Hyundai’ designers. The wide & horizontal front is in harmony with slim headlamps, 3D hexagonal grille creating futuristic, elegant appearance with the split type LED tail lamps further adding to the Styling and Premiumness of All New Elantra.

Key Exterior Features:
·         High Intensity Discharge (HID) headLamps (New)
·         LED Daytime Running light with Positioning lamps (New)
·         Projector Fog lamps (New)
·         Split type LED Tail Lamp (New)
·         Shark Fin Antenna (New)
·         Welcome Function with Door Pocket Light (First-in-Segment)
·         Gunmetal Finish 16” Alloy Wheel & Silica Tyres
·         Chrome Belt Line
·         Glass Antenna
·         Chrome Outside Door Handles

The Simple, Modern and Driver oriented interior with premium silver detailing creates a perfect blend of luxury and convenience. The all new layout with attention to detail makes the interior feel more comfortable and spacious.  All New Elantra offers driver centric cockpit design with ergonomically placed controls for Multimedia and Parking Convenience. The Intelligent design offers good balance of interior space along with 458 liters of Boot space for long weekend trips. 

·         The Driver-centric Horizontal crash pad layout with T shaped center fascia and a subtle tilt towards driver's seat ensures minimal driver movement for comfortable and safe driving.
·         Supervision Cluster integrating  3.5˝ Mono TFT-LCD offers all the useful information with outstanding visibility (New)
·         Auto Cruise Control
·         Voice recognition (New)
·         Tilt and Telescopic adjustable Steering Wheel
·          Ergonomically designed steering wheel controls for Audio, Cruise and Voice control provides enhanced comfort during long drives.
Driving Performance
Built on a new platform with 53% Advanced High Strength Steel  (AHSS) structure, Elantra offers a whole new level of ride comfort with smooth & precise handling, improved interior quietness and enhanced safety.
Superior Ride and Handling characteristics of platform are complemented by MacPherson Strut Suspension in front and Coupled Torsion Beam Axle (CTBA) in the rear along with Hydraulic Rebound Stopper (HRS) in rear shock absorber for improved damping, ensuring a comfortable ride and stabilized driving.

Exterior Dimensions
Length x Width x Height
4,570 x 1,800 x 1,465 mm
Wheelbase
2,700 mm
Max Tyre
205/ 60 R16 Alloy Wheels
Ground clearance
165 mm

The trustworthy driving performance and stability make Elantra a driver's car by innovating on the fundamentals. The All New Elantra gives Choice of Efficient and Advanced Powertrains. The driver can feel the power of technology with option of two performance packed engines of All New Elantra:

The newest member of Hyundai gasoline family, powerful Nu 2.0L petrol engine is the biggest petrol engine in its class. It’s Lightweight All Aluminum Block & Plastic Intake Manifold aid in high fuel economy and superior performance.
Hyundai's renowned and proven 1.6L U2 Common Rail Technology diesel engine offers powerful performance with low NVH, high fuel efficiency and durability. Driving pleasure within the city and highway is ensured by the variable geometry turbocharger for low and high end torque.

Engine Specifications

Engine
Capacity (cc)
Maximum Power (ps/rpm)
Maximum Torque (kgm/rpm)
Petrol
Nu 2.0 MPi
1,999
Diesel
1.6 VGT CRDi
1,582
128ps@4,000

The chassis structure is developed to give stability and actual mileage improvement during high-speed driving. In-house developed 6-Speed Manual and 6-Speed Automatic Transmission offer superb smoothness and better fuel efficiency. The 2nd Generation 6- Speed Petrol AT is more refined with reduced frictional losses. The First-in-Segment 'DRIVE MODE select’ feature gives an option to the driver to choose between 'ECO Mode'-for higher fuel efficiency or 'SPORT Mode' for enthralling performance at the press of a button.

Mileage

Engine
ARAI (Certified figures)
(6 Speed MT)
ARAI (Certified figures)
(6 Speed AT)
Petrol
Nu 2.0 MPi
14.59 Kmpl
14.62 Kmpl
Diesel
1.6 VGT CRDi
22.54 Kmpl
(Best -in-Segment)
18.23 Kmpl

Smart Comfort
Interior of Elantra continues to depict a modern driver oriented design that is optimized for intuitive control, improved interior roominess, high quality material and latest technology features. The contemporary interior design integrates premium soft touch material. The wide design of instrument panel offers a feeling of spaciousness.

The All New Elantra offers a host of premium and Segment Unique Comfort Features such as the Smart trunk (First-in-Segment) that automatically unlocks and pops-out when the owner stands with-in 3 feet behind the vehicle with smart key for more than 3 seconds. The front seat frames are light weight and with high-tensile strength for improved performance against collisions. Moreover, the multi-firmness seat pad helps reduce driver fatigue over long distance.

The All New Elantra features advanced infotainment system with 8.0 High Definition capacitive touch screen- Audio Video Navigation System (AVN) with rear view camera is for improved driver visibility and functionality.  Multimedia system is equipped withApple Carplay and Android Auto for seamless integration of app based navigation, streaming audio, voice controlled search capabilities and smartphone applications. For the first time, All New Elantra comes with 6 speakers along with SMART SURROUND SYSTEM by 'Arkamys’ delivering a music experience much closer to the artists original intent.

Some Key Interior features include

·         Electric Sunroof (New)
·         Dual Zone FATC with Cluster Ionizer
·         Front Ventilated Seat
·         Engine Start/Stop Button
·         Available in Premium Leatherite Upholstery
·         Rear AC Vents
·         Electro Chromic Mirror
·         Premium Door Scuff Plates
·         Aluminium Pedals
Advanced Safety
All Hyundai cars are developed, tested and built-in keeping with the Hyundai ‘Safe-Drive Philosophy’. Beyond active safety technologies, All New Elantra is built to comply with Hyundai’s strict safety standards, helping it to meet the safety requirements.

The All-new Elantra is developed with 53% of Advanced High Strength Steel (AHSS), an additional 32% increase over the previous generation model. AHSS components are used to increase stiffness of chassis and protect passengers effectively in case of collision.
Key Safety Features:
·         6 Airbags
·         Dual Airbags and Anti-lock brake system (ABS) with EBD as Standard
·         Reverse parking camera with steering adaptive guidelines & Reverse Parking Sensors
·         Electronic Stability control (ESC)
·         Vehicle Stability Management (VSM) – Best-in- Class
·         Hill Start Assist Control (HAC)
·         Front Projection Fog Lamps (New)
·         High Intensity Discharge (HID) Head Lamps (New)
·         Height Adjustable Front Seat Belts
·         Impact Sensing Door Unlock/Speed Sensing Lock

Hyundai Premium Assurance Program (HPAP) and Special Loyalty Program
Hyundai vision is to be the Life time partner of its customers. We are always around and near to our customers. As a unique customer Assurance initiate, Hyundai has introduced Hyundai Premium Assurance Program (HPAP)  offering Best-in-Class warranty with 3 Years Unlimited Kilometers for all the customers of All New Elantra. The program also offers Free Maintenance for 3 Years/30,000 kilometres, 3 years Roadside Assistance, 3 times update on ‘Map Care’ and 3 times Customer 'Home Visit'.

As a goodwill gesture to Hyundai Loyal Customers additional 4th Year Extended Warranty will be offered.

Variants and Colour
The All New Elantra will be available in 9 variants with 5 exterior colour options.

Globally Awarded Elantra
The Elantra was first introduced more than 26 years ago and has sold more than 11.5 million units till date. It has won numerous awards and accolades including ‘2012 North American Car of the Year’, ‘2012 South African Car of the Year’ and ‘Highest ranked in compact car segment for initial quality’ in 2014 by J.D. Power and Associates. The 6th Generation All New Elantra has won prestigious awards globally including Top Safety Pick+ Rating from Insurance Institute for Highway Safety (IIHS) in July 2016, 2016International Design Excellence (IDEA®) Bronze, iF Design (Germany), Biggest Bang for the Buck, Vincentric Cost of Ownership Award (US), Autobest in Europe, and was named as National Car of the year in South Africa and Canada. Each of the previous five generations of the car have contributed to its rising popularity and today it remains one of Hyundai Motor’s best-selling models.

The All New ELANTRA Introductory (Ex-Showroom Mumbai prices Rs.):

Petrol
MT
AT
S
13,61,000
-
SX
15,50,000
16,65,000
SX(O)
17,38,000
18,85,000

Diesel
MT
AT
S
15,50,000
-
SX
17,18,000
-
SX(O)
18,54,000
20,11,000


About HMIL
Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC). HMIL is the largest passenger car exporter and the second largest car manufacturer in India. It currently has ten car models across segments – Eon, i10, Grand i10, Elite i20, Active i20, Xcent, Verna, Creta, Elantra and Santa Fe. HMIL’s fully integrated state-of-the-art manufacturing plant near Chennai boasts advanced production, quality and testing capabilities.
HMIL forms a critical part of HMC’s global export hub. It currently exports to around 92 countries across Africa, Middle East, Latin America, Australia and the Asia Pacific. HMIL has been India’s number one exporter for the last 10 years consecutively. To support its growth and expansion plans, HMIL currently has 453 dealers and more than 1,170 service points across India. In its commitment to provide customers with cutting-edge global technology, Hyundai has a modern multi-million dollar R&D facility in Hyderabad. The R&D center endeavours to be a center of excellence in automobile engineering.
For more social media updates; follow Hyundai Motor India on:

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