Lumax Industries makes strategic move in Taiwan

                                                                                                                                                                                                                                                                                                                      

·         Opens in-House Design Centre to strengthen its designing capabilities

·         Design centre to be springboard for doing business in Japan, South Korea and mainland China in future

New Delhi, May 24, 2016: Lumax Industries Limited (BSE: 517206 | NSE: LUMAXIND), the leader in Automotive Lighting and illumination products has made strategic business move in “Taiwan” and inaugurated its State-of-the-art Design Centre in Taiwan to strengthen its in-house design capabilities. The new Design Centre has been inaugurated by Mr. D.K. Jain, Group Chairman.

The opening of the Design Centre is seen as a strategic step towards Company’s self-reliance initiatives and making designing- cost competitive. The new establishment is a testimony to the close ties between Lumax and its business partnerships with Taiwan that span some 36 years. Besides facilitating communication between Taiwanese companies and the Indian headquarters, the well calculated move will serve as Lumax’s springboard for doing business in Japan, South Korea and mainland China in future.

Taiwan offers many advantages viz. an excellent geographic location, comprehensive supply chain, industrial clusters, strong manufacturing technology, a hardworking quality workforce, innovative R&D and management capabilities. The company annually purchases roughly NT$350 million from Taiwan’s tooling, machinery and equipment suppliers.

Mr. D.K. Jain, Chairman said, “The Design Centre in Taiwan will synergise the Company’s efforts to deploy best practices in its manufacturing engineering to produce highly integrated innovative products in addition to capitalising on the strategic advantage of Taiwan as an established and high quality, yet cost effective, destination for tooling”.

The Design Centre-Taiwan will fulfil ever-evolving market needs for innovative lighting solutions and reduce the development time for technologically advanced products. It will also be an interface with key markets of automotive lighting tool makers including China and Korea and Program Management Team of Lumax.

In line with Company’s ongoing business strategy, it has already established a Design Studio and a New Technology Group at its Chakan Plant in Pune, Maharastra, which has become operational successfully.

Christopher Nolan’s next DUNKIRK.

FILMING HAS BEGUN ON CHRISTOPHER NOLAN’S

EPIC ACTION THRILLER “DUNKIRK”

BURBANK, CA – May 23, 2016 – Warner Bros. Pictures announced today that principal photography on the epic action thriller “Dunkirk” is underway in Dunkirk, France.  Christopher Nolan (“Interstellar,” “Inception,” “The Dark Knight” Trilogy) is directing “Dunkirk” from his own original screenplay, utilizing a mixture of IMAX® and 65mm film to bring the story to the screen.  The production will shoot in France, Holland, the UK and Los Angeles.

“Dunkirk” opens as hundreds of thousands of British and Allied troops are surrounded by enemy forces.  Trapped on the beach with their backs to the sea they face an impossible situation as the enemy closes in.

“Dunkirk” features a prestigious cast, including Tom Hardy (“The Revenant,” “Mad Max: Fury Road,” “Inception”), Mark Rylance (“Bridge of Spies,” “Wolf Hall”), Kenneth Branagh (“My Week with Marilyn,” “Hamlet,” “Henry V”) and Cillian Murphy (“Inception,” “The Dark Knight” Trilogy), as well as newcomer Fionn Whitehead.  The ensemble cast also includes Aneurin Barnard, Harry Styles, James D’Arcy, Jack Lowden, Barry Keoghan and Tom Glynn-Carney.

The film is being produced by Nolan and Emma Thomas (“Interstellar,” “Inception,” “The Dark Knight” Trilogy).  Jake Myers (“The Revenant,” “Interstellar,” “Jack Reacher”) is serving as executive producer.

The behind-the-scenes creative team includes director of photography Hoyte van Hoytema (“Interstellar,” “Spectre,” “The Fighter”), production designer Nathan Crowley (“Interstellar,” “The Dark Knight” Trilogy), editor Lee Smith (“The Dark Knight” Trilogy, “Elysium”), costume designer Jeffrey Kurland (“Inception,” “Bullets Over Broadway”), and visual effects supervisor Andrew Jackson (“Mad Max: Fury Road”).

Warner Bros. Pictures is distributing “Dunkirk” worldwide and has slated the film for a July 21, 2017 release.  

LIVA hosts an evening of fashion graced by Chess Grandmaster Viswanathan Anand

~The evening also witnessed an Innovative Sand Art, Fabric Dance & a glittering Fashion Walk~

Mumbai, 20^th May, 2015: The evening of the first ever LIVA Accredited Partner Forum (LAPF) Confluence organized by LIVA, the natural fluid fashion fabric was full of colors, fashion & vibrance.

Held at JW Marriot, Sahara Mumbai, the event witnessed the presence of world renowned Chess Grandmaster Viswanathan Anand where he gave an inspirational speech on ‘What it Takes to Be a World Champion’.

He shared his journey right from getting introduced to chess at the age of 6 till becoming the Grandmaster. He said, “I had to wait for 3 years to achieve my goal. I kept missing winning the Grandmaster title consecutively for 2 years but I was determined about my game; and then I managed to bag the title with sheer patience & tenacity. Similarly, you’ll have many quiet years during your struggle, but there will be a day where you would see your efforts paying off well.”

Viswanathan Anand is known for his strategy to win with his effortless moves & confidence in his game which is what the brand LIVA stands for.

Teen comedy The DUFF to premiere on Romedy NOW

From ‘Designated Ugly Fat Friend’ to breathtaking beauty - and all the laughs in between!

Premieres on Indian Television on Sunday, 22^nd May 2016, at 9 pm

Mumbai, 20^th May, 2016: Romedy NOW, the channel that promises love and laughter, is set to bring one of the most popular high school comedies to movie lovers with the Indian Television Premiere of The DUFF. The film airs on Sunday, 22^nd May, at 9 pm.

Directed by Ari Sandel and starring Mae Whiteman (Bianca Piper), Robby Amell (Wesley “Westlake” Rush), Bella Thorne (Madison Morgan) and Nick Eversman (Toby Tucker) in the main roles, the Duff, short for Designated Ugly Fat Friend, is set in a high school, and revolves around the dreams and insecurities of nervous teenagers who aspire to be the most popular ones in school   In this taut but fun environment, we have Bianca Piper (played by Mae Whiteman)who is kindhearted, helpful and ever smiling; She doesn’t see through the fact that  all the guys  seem  to use her goodness – to get to her friends, who are two of the prettiest girls.

Bianca’s world is shattered when she learns that she is called The DUFF (Designated Ugly Fat Friend), or someone who is not so popular and is used to get to the popular people in the group.

However, when the news hits her, Bianca doesn’t cave in! She decides to take matters in her own hands and change her image. She turns to her neighbor and childhood friend Wesley for help to revamp her personality so that she can approach her crush in college - Toby Tucker. In return, she helps Wesley to study science. How the deal works out and what twists and turns Fate has in store for young Bianca, is the crux of this laugh-a-minute film which also has a lesson amidst all the love and laughter.

The DUFF is an adaptation of a book by the same name and written by Kody Keplinger. The film received positive reviews from the critics and audience as an apt and highly entertaining portrayal of high school culture, and for therefore having connected well with teenagers.

Tune in to watch The DUFF on Romedy NOW, on Sunday, 22^nd May, 2016 at 9 pm

About Romedy NOW

Romedy NOW, India’s premium English Entertainment Channel, has ushered in ‘Love & Laughter’ together for the first time. It is an exclusive destination for urban women & men offering the best international content, to the delight of its audience.

Exim Bank posts robust business growth in 2015-16

Loan Portfolio of the Bank crosses Rs. 1 lakh crore milestone

Exim Bank’s Chairman and Managing Director, Mr. Yaduvendra Mathur announced the Bank’s results for the year 2015-16 at a press conference in Mumbai on Friday, May 20, 2016.

FINANCIAL PERFORMANCE

• Loan Portfolio : Up 18% to Rs. 1,02, 537 crore.
• Net worth of the Bank : Up 16% to Rs. 11,486 crore.
• Non Funded Portfolio : Up 6.5 % to Rs. 11,555 crore

• Total Business : Up 17% to Rs. 2,07,409 crore.
• Capital to Risk Assets Ratio : 14.55%
• Net NPAs : 0.86%

BUSINESS & FINANCIAL PERFORMANCE

• Lines of Credit: As on March 31, 2016, the Bank had in place 203 LOCs, covering 63 countries with credit commitments of over US$ 14.26 billion. During FY 2016, 9 LOCs amounting to US$ 2.61 billion were extended to Bangladesh, Cote d’Ivoire, Congo, Guyana, Guinea, Tanzania, Zimbabwe, and Myanmar.
• Project Export Contracts: During FY 2015-16, 95 Project Export contracts were secured in 39 countries by 50 exporters, aggregating ` 22,551 crore.  
• Buyer’s Credit – National Export Insurance Account (BC-NEIA): The Bank had till March 31, 2016, sanctioned US$ 2.19 billion for 22 projects valued US$ 2.49 billion under the Buyer’s Credit – National Export Insurance Account (BC-NEIA). The Bank has also given in-principle commitments for supporting several projects and the current active pipeline includes 36 proposals aggregating
  US$ 5.11 billion under BC-NEIA.
• Overseas Investment: During the year ended March 31, 2016, the Bank’s approvals under the Overseas Investment Finance Programme amounted to Rs. 5,264 crore, comprising Rs. 5,217 crore towards acquisition/setting up of 26 overseas ventures; and Rs. 47 crore towards renewal of existing facilities.
• Profit before tax (PBT) and profit after tax (PAT) of the Bank were at Rs. 453 crore and Rs. 316 crore     respectively during the year 2015-16.

RESOURCES/TREASURY

• During the year, the Bank raised borrowings of varying maturities comprising rupee resources of
  Rs. 23,183 crore and foreign currency resources of Rs. 13,781 crore equivalent.
• The Bank is rated investment grade, on par with the country’s Sovereign rating. As on March 31,  2016, the Bank was rated Baa3 (Positive) by Moody's, BBB- (Stable) by Standard & Poor’s, BBB- (Stable) by Fitch Ratings and BBB+ (Stable) by Japan Credit Rating Agency (JCRA). The Bank's Rupee debt instruments continued to enjoy the highest rating viz. AAA rating from the rating agencies, CRISIL and ICRA.

BENCHMARKS IN THE INTERNATIONAL CAPITAL MARKETS

• Successfully launched a 5 year Reg S Green Bond issue of US$ 500 million. The 1st ever USD-denominated Green bond offering out of India - 1st benchmark-sized Green bond out of Asia in 2015 - and the 3rd ever Green bond issuance out of Asia. Attracted subscription of around 3.2 times the issue size, led by strong demand, across 140 accounts, with significant participation from green investors and real money accounts, upsized from $ 250 million.
• Launched a 5.5 year Reg S Bond issue of US$ 500 million. Issue attracted a total order book in excess of US$ 1.25 bn. thereby achieving 2.5x oversubscription of the issue size from over 110 investors.
• The Bank raised US$ 162.26 million equivalent by way of Uridashi Bonds in two different currencies viz., Australian Dollar and United States Dollars thereby achieving diversification of investor base. The USD swapped price of the Bonds was inside the fair value of the Bank’s outstanding public USD bonds for similar tenor. The Bank has now tapped the Uridashi Bond market on four occasions and continues to be the only Indian entity in this market.

ADVISORY & CONSULTANCY SERVICES

• Special Purpose Facility for Financing Strategic Infrastructure Projects in Neighbouring Countries: Exim Bank with the support of GoI, has extended commitment to finance the strategic Maitree Power Project in Bangladesh valued US$ 1.8 billion. BHEL has emerged as the lowest bidder, against global competition. The project known as Bangladesh India Friendship Power Company Ltd. is a 50:50 JV between NTPC and the Bangladesh Power Development Board. Once commissioned, it is expected to be the largest power plant in Bangladesh. The project saw many firsts – it was the first super-critical overseas power project in which BHEL has been involved – and the first being developed by NTPC overseas.
• Initiatives for Renewable Energy: Exim Bank has been partnering the Ministry of New and Renewable Energy, GoI, in its plan towards establishing the International Solar Alliance drawn as a part of the COP21 initiative in Paris, to boost solar energy in developing countries. Exim Bank is also a part of the Advisory Committee of ISA, and had given a presentation at the 2nd Steering Committee of the ISA, in Abu Dhabi in January 2016, towards promoting 10,000 MW of solar projects. Bank has also conducted a Study entitled “International Solar Alliance: Nurturing Possibilities.”
• Export Development Fund: In terms of the Exim Bank Act, the Export Development Fund is a distinct Fund with an independent balance sheet and earnings statement. The fund can be utilized only for specified activities as may be approved by GoI. GoI has approved an amount of upto ` 3,000 crore of Buyer’s Credit facility to seven Iranian banks for utilisation towards import of steel rails from India and Development of Chabahar Port Project. The credit facility will also be guaranteed by GoI.
• Kukuza Project Development Company: Exim Bank, IL&FS, AfDB and SBI have floated the Kukuza Project Development Company (PDC) for Africa, based out of Nairobi. A few projects in Africa are currently under consideration by the PDC.

Havmor Ice Cream Ltd. Now in New Delhi

   

~ Announces Investment of INR 100 crore and New Manufacturing Facility

~ Expands presence in New Delhi with 160+ Flavors & 35 Exclusive Ice Cream Parlors

Delhi, May 17, 2016: Havmor Ice Cream, India’s leading 100% pure milk ice cream brand that has delighted many with its delicious offerings since 1944, today announced its entry in New Delhi and North India. Havmor will be available in New Delhi and the surrounding states with a diverse range of ice creams giving North India a smooth and creamy taste to relish. The brand will invest INR 100 crores over the next 36 months which included a new state-of-the-art manufacturing facility in Faridabad and a production capacity of 1 lac litres of ice cream per day. This new facility will increase an overall production capacity to 3.5 lac liters of ice cream per day.

Havmor’s strategic business focus and growth plan aims at exploring newer markets and strengthening its presence across India with an aggressive expansion plan which includes over 100 ice cream parlors and 10,000 retail outlets. Havmor continues to provide 100% pure milk ice cream for the last 40 years, while the Indian Industry has moved towards Frozen Dessert, a substitute made out of vegetable oils. Havmor’s diverse range of products includes first of its kind flavors like saffron pinenuts, paan, whisky and a Chotta Bheem range targeting all segments of consumers from kids to adults.

Commenting on the new market entry and diverse range of innovative products, Mr. Pradeep Chona, Chairman & Managing Director, Havmor Ice Cream Ltd said, “We are happy to announce Havmor’s 8th market in India. We will introduce a diverse range of pure ice creams especially for consumers in Delhi taking into consideration the rich history & mouth-watering food as well as high consumption of ice cream. With Havmor, they will now enjoy pure and creamy varieties of unique flavors. We are confident that within no time, Havmor will reach every part of the city; gradually capturing the taste buds across North India.”

The INR 100 crores new state-of-the-art ice cream manufacturing facility at Faridabad aims to complete the first phase by December 2016.  The facility will manage a complete range of pure ice creams using milk as the main ingredient and maintaining the highest quality standards. In addition to the two plants in Gujarat, the new manufacturing facility will streamline the production as well as efficient distribution across the northern market.

Commenting on the growth and expansion plan, Mr. Ankit Chona, Managing Director, Havmor Ice Cream Ltd. said, “We are excited to be in New Delhi. As part of our exclusive retail expansion, we are planning to open 10 exclusive ice cream parlors in New Delhi by June 2016 and another 25 by the end of the year.  We are one of the fastest growing ice cream brands in India and we see huge opportunity for growth in the pure ice cream segment. The group has grown to INR 450 crore in the last fiscal and aims to increase the turnover to INR 1000 crore by 2020.  

He further added “The ice cream industry in India is expected to grow to INR 7000 crore by 2018 and with our new product launches  this summer, we aim at indulging our newer markets with new flavors by treating them with pure, fresh and creamy Havmor ice creams made with 100% pure milk.”

Currently with over 30,000 retail outlets & with a strong presence in Maharashtra, Rajasthan, Madhya Pradesh, Goa & Telangana, Havmor will aggressively expand its operations through various retail partnership and ice cream parlors across the northern region.

Today, Havmor has 160+ ice cream varieties and ranges under its portfolio; which includes Premium Range, Signature Range, Blockbuster, Turbo Cones, 98% Fat Free, 100% Sugar Free, Ice Cream Cakes & Pastries, Ice Cream Sandwich, Assorted Candies, Ready to Eat Cups, Novelties, Bulk Packs, Combo Packs, etc.

Havmor Ice Cream is available in various packs and price range starting at INR 10 to INR 350.

About Havmor:

Havmor, a renowned ice cream & food brand headquartered in Ahmedabad, Gujarat has delighted many with its 30,000+ ice cream outlets spread across Maharashtra, Rajasthan, Madhya Pradesh, Goa, Delhi, Punjab & Telangana apart from Gujarat and it will soon spread pan India. Havmor offers a wide range of over 160 ice creams, each manufactured at its hi-tech plants which are ISO 22000:2005 certified. Havmor has also been honoured with prestigious Times Food Award for being the best ice cream brand for eight consecutive years! It recently won the maximum number of awards in “The Great Indian Ice Cream Contest 2016” organized by Danisco Dupont in Delhi.

Nihar Shanti Amla unveils latest campaign ‘Dikho Khoobsurat, Karo Khoobsurat’ conceptualized by BBH India

The campaign features brand ambassador Vidya Balan

Mumbai, May 17, 2016: Nihar Naturals Shanti Amla, one of the fastest growing hair oil brands in the country launched its latest campaign – Dikho Khoobsurat, Karo Khoobsurat in tandem with its long term commitment to furthering children’s education in the country.

A brand whose name is almost synonymous to its humanitarian approach towards society, Nihar Naturals Shanti Amla has undertaken the cause of children’s education at the heart of its existence. Embarking on this mission four years ago to make education accessible to children across India, the brand contributes 5% of its profits towards children’s educational development, thereby becoming an enabler for consumers to make a positive change to the society.

The TVC created by BBH India showcases Vidya Balan walking through the streets, wherein people are gesturing to ward off the evil eye or traditional Indian habit of ‘Nazar Utarna’. While walking, packs of school children start following her lead. At the end of the TVC, Vidya gives credit to Nihar Shanti Amla for her long, lustrous and beautiful hair, which is garnering her admiration from these people. She adds that not only does the brand help add to her appeal, but also takes on its commitment to educate children, by contributing 5% of its profits towards this cause. The tagline ‘Dikho Khoobsurat, Karo Khoobsurat’ further reiterates the brand purpose of Nihar Shanti Amla of being an ally to progress. 

Speaking about the new campaign, Anuradha Aggarwal, Chief Marketing Officer at Marico Limited says, "It has been four years since Marico started investing in educating underprivileged children through Nihar Naturals Shanti Amla, with a clear objective to bring about a discernible change in the society. The new campaign, ‘Dikho Khoobsurat, Karo Khoobsurat’ captures the essence of our brand purpose of giving you healthy and radiant hair, while focusing on the creation of an environment where children are not compelled to drop out of school for financial reasons.”

Vidya Balan, Actor and Brand Ambassador says, “I’ve been associated with the brand for 6 years now and I can’t say this enough number of times - that it’s been a proud association because its gone beyond its functionality. We have gone on to breaking stereotypes, questioning the status quo and that’s what is so remarkable about the brand. It is constantly evolving and speaking to the customer in the language of today, addressing today’s woman’s needs. I think the new campaign puts across the message very effectively and in a fun way. There’s a lot of colour, there’s a lot of life and the children! The jingle is very very peppy! I think it’s something that people will begin to hum and they will look forward to watching again and again. Like I said it puts forward the message effectively, engagingly and in a fun way"

Subhash Kamath, CEO & Managing Partner, BBH India adds "We've always seen Nihar as a very progressive brand. And progressive brands don't just say things, they do things that make a real difference to people's lives. In that context, Nihar Shanti Amla has been consistently successful by giving it's consumers a dual benefit i.e. get great looking hair as well as do good for society by promoting children's education. We've stayed on this 'Look good & do good' premise for 4 years now and it's paying rich dividends. I believe this new commercial will help grow the brand from strength to strength”

Rajesh Mani, Executive Creative Director, BBH India said, “To bring alive the brand’s twin purposes, we used a very slice of life creative device – “nazar utaarna”. In normal sense, the gesture of nazar utaarna is more for an outward personification of beauty but in this case our brand ambassador – Vidya Balan is being appreciated not just for her great hair but also for being a change agent. The visual narrative is symbolic of what the brand does and the earthy lyrics, sung in a child’s voice, adds memorability to the film.”

Credits

Advertising Agency: BBH Mumbai, India

CEO and Managing Partner: Subhash Kamath

Chief Creative Officer and Managing Partner: Russell Barrett

Planning Head: Sanjay Sharma

Executive Creative Director: Rajesh Mani

Business Director: Anish Kotian

Creative Directors: Kumar Suryavanshi and Shruti Das

Lyricist: Kumar Suryavanshi

Planning Director: Yudhishthir Agrawal

Agency Producer: Khvafar Vakharia

Senior Business Partner: Rajat Pandey

Production House: Chrome Pictures

Director: Hemant Bhandari

TVC Link: https://youtu.be/Y6vIOj-yx60