राकेश बापट - अनुजा साठे करत आहेत ‘व्हॉट्सॲप लव’

‘व्हॉट्सॲप लव’ बंधनात राकेश बापट आणि अनुजा साठे

हिंदी आणि मराठी दोन्ही मनोरंजनविश्वात आपल्या अभिनयाने स्वतंत्रपणे नाव कमावलेले हॅन्डसम हंक राकेश बापट आणि ‘स्टार’ची फेवरेट बेटी अनुजा साठे हे दोघे ‘व्हॉट्सॲप लव’ बंधनात अडकणार आहेत.बॉलीवूड आणि हिंदी टेलिव्हीजनवर प्रेक्षकांची पसंती मिळविलेल्या ह्या दोन्ही कलाकारांनी मातृभाषा मराठीतही अनेक चित्रपटांमध्ये स्वतंत्रपणे प्रमुख भूमिका साकारल्या असल्या तरी ५ एप्रिल रोजी प्रदर्शित होणाऱ्या ‘व्हॉट्सॲप लव’ ह्या मराठी चित्रपटात दोघे पहिल्यांदा एकत्र झळकणार आहेत. त्यामुळे हिंदी मनोरंजनविश्वाला दखल घ्यायला भाग पाडणाऱ्या जोडीची मराठमोळी ‘व्हॉट्सॲप लव’ स्टोरी पाहणं औत्सुक्याचे ठरेल.  

शो मॅन म्हणून संगीतविश्वात ओळखले जाणारे हेमंतकुमार महाले यांची कथा, दिग्दर्शन आणि निर्मिती असलेल्या ‘व्हॉट्सॲप लव’ ह्या चित्रपटाचा पहिला पोस्टर नुकताच प्रदर्शित झाला आहे. पोस्टरवर एकमेकाकडे पाठमोरे परंतु एकाच टेबलवर हातात मोबाईल घेऊन बसलेले राकेश बापट आणि अनुजा साठे आणि त्यात अनुजाचं राकेशच्या मोबाईल मध्ये तिरक्या नजरेने पाहणं चित्रपटाच्या आशयासंदर्भात अनेक संकेत देऊन जातात. त्यामुळे चित्रपटाचे शीर्षक आणि पोस्टर पाहून चित्रपटाबद्दल उत्सुकता निर्माण होते.

“व्हॉट्सॲप लव ह्या चित्रपटाची कथा ही सध्या जवळपास प्रत्येकाच्या आयुष्यात ह्या न त्या मार्गाने घडत आहे. कृत्रीम संबंध, भावभावना जोपासताना तारेवरची होणारी कसरत आणि भौतिक सुखाचा माग घेताना सांडत चाललेला खरेपणा आणि आलेले एकाकीपण नव्या संपर्कयंत्रणेच्या माध्यमातून दाखवण्याचा प्रयत्न आहे. हा सिनेमा हिंदी आणि मराठी दोन्ही भाषेत बनवला आहे. आणि व्हॉट्सॲप वापरणाऱ्या प्रत्येकाला हा चित्रपट पाहून आनंद होईल, याची मला खात्री आहे” असे कथालेखक, दिग्दर्शक आणि निर्माता हेमन्तकुमार महाले यांनी सांगितले.

व्हॉट्सॲप हा सध्या आपल्या जीवनाचा अविभाज्य भाग बनला आहे. केवळ व्हॉट्सॲप वरून सर्वांशी संपर्कात राहाता येत असल्याने युवकांपासून ते वृद्धांपर्यंत प्रत्येकाच्या हातात स्मार्टफोन आलेत. व्हॉट्सॲप वरून आलेल्या संदेशातील भावभावनांचा ओलावा किंवा शब्दांमागील भावार्थ ज्याच्या त्याच्या समजण्यावर अवलंबुन असतो. त्यामुळे अनेक समज - गैरसमज निर्माण होतात आणि पुढे प्रसरण पावतात. पण, थेट संवाद साधण्यासाठी न धजावणाऱ्या व्यक्तिलाही आपल्या भावना दुसऱ्यापर्यंत पोहोचवणं अधिक सोपे वाटू लागल्याने प्रेम प्रकरणात व्हॉट्सॲप मध्यस्थाची भूमिका पार पाडत आहे. पण, ‘व्हॉट्सॲप लव’ ह्या सिनेमाची व्हॉट्सॲप लव्हस्टोरी नेमकी काय आहे? हे फक्त राकेश बापट आणि अनुजा साठे ह्या दोघांनाच माहिती. त्यामुळे हे व्हॉट्सॲप लव प्रकरण जाणून घेण्यासाठी हेमंतकुमार म्युझिकल ग्रुपची निर्मिती असलेला व्हॉट्सॲप लव ह्या चित्रपटाची ५ एप्रिल पर्यंत वाट पाहावी लागणार आहे. हा चित्रपट ज्येष्ठ सिनेमॅटोग्राफर सुरेश सुवर्णा यांच्या कॅमेऱ्याने टीपला असून पिकल एंटरटेनमेन्टचे समीर दीक्षित आणि ऋषिकेश भिरंगी हे वितरणाची धुरा वाहणार आहेत.

For Publicity

Rakesh Bapat - Anuja Sathe are in 'Whats Love' Releationship

Handsome hunk Rakesh Bapat, who have earned fame in both Bollywood and and Marathi film industry is in 'Whatapp Love' relationship with Star’s favorite Daughter, Actress Anuja Sathe. Yes, we are talking about upcoming Marathi movie “Whats App LOVE”. Although both of these artists, proved themselves in Bollywood and Hindi television industry, also independently played many films in mothertongue Marathi, will appear together first time in the Marathi film 'Whatspe Love', which will be released on 5th April. So, watching the 'WhatsApp Love' story of a pair of Bollywood entertainers in Marathi is quite exciting.

Mr. Hemantkumar Mahale, who known worldwide as ShowMan of Musical Concerts, has written, directed and produced his first dream 'Whatspe Love'. He revealed first look of his movie. The Poster indicated the germ of entertainment.  Rakesh Bapat and Anuja Sathe, who are sitting on a table… showing back to each other… mobile in one hand… Anuja peeping in Rakesh’s Mobile with tilt eye,. the gestures of actors and title of the film are raising curiousity about the film.

The story of "What's Love" is now happening in almost everybody's life. While running in today’s world, we failed to maintain real relationship and trying to develop it through electronic mode of communication e.g. gazettes and Applications. This movie is bilingual, made in Marathi and Hindi. Everybody, who uses WhatsApp will be happy after watching this movie, "said the story writer, director and producer Hemantkumar Mahale.

Now a days, WhatsApp became an important part of our life. Thus, Smartphones come in everyone's hands. So, to experience this exciting love affair of celebrity like Rakesh and Anuja, you will have to wait for April 5. The film is shot by the camera of senior cinematographer Suresh Suvarna, while Pikle Entertainment's Sameer Dixit and Rishikesh Bhirangi are looking after distribution.

Goa Food and Cultural Festival 2019

Experience vibrant flavours of food at the

Goa is gearing up for their annual Goa Food and Cultural Festival 2019 showcasing Goa’s cuisine along with a celebration of lifestyle food from across the country. Experience thrilling dance performances both local & national by local Goan artists to enthral & engage the domestic & international tourist. The event will be held from 6^th February to 10^th February 2019, 6.00 pm onwards.

After beaches and the susegad vibe, food is perhaps one of the other reasons that draw tourists to Goa. In a bid to promote the culinary delights that the state has to offer, along with highlighting its rich melting pot culture, Goa Tourism is organizing the Food and Cultural Festival.

The five-day sizzling event  has  been  drawing lakhs  of   tourists to the  State  who travel  from far and wide  to  savour  Goa on  a  platter and experience the spirit of fun and frolic that Goa has to offer. This year too the festival will present a variety of  cuisine   in vegetarian  and   non-vegetarian segments, sweets and other delicacies with more than 70 stalls including some creative

The event attracts gourmands from all over who want to try authentic delights beyond the staple fish curry and rice. During this five-day extravaganza, there are live performances, cooking competitions and dance performances by various groups scheduled to keep the audience enthralled. These live acts will feature a mix of local talent as well as some popular national names like Antariksh, Thaikkudam Bridge, Bad Blood , Pineapple Express and Lagori. The event will be graced with lots of Firework display, Spot prizes and much more.

This event will be held at the D B Bandodkar Ground at Campal, Panjim 6pm onwards .Around one lakh tourists and public are expected to visit the five day extravaganza. Entry to the programmes will be free. Ample parking space strictly at the parade ground, Opp .Bal Bhavan will be arranged.

Union Bank of India wins Finnoviti Awards - 2019

Mumbai – Union Bank of India has been awarded the Finnoviti Award 2019 for ‘Hyper Converged Private Cloud Security’ for innovative processes & best practices in Cyber Security under BFSI sector.

The Awards were received by the Bank during 7^th International Trade Fair and Conference on Banking Technology, Equipment & Services held on Friday, 25^th January 2019, at IBEX, MMRDA Ground, BKC, Bandra East, Mumbai. The award was received from the jury members headed by Shri M.Narendra, Former CMD, Indian Overseas Bank.

Finnoviti awards are the prestigious awards which are organized by ‘Banking Frontiers’ in recognition to the efforts of institutions/organizations in BFSI sector for their Innovative Fintech Solutions or transformation and provides scope for Financial Institutions of tomorrow.

Union Bank of India has deployed state of art technology platform to provide customer centric products and services. Further, Union Bank of India has initiated various technology projects to align IT with Business goals.

Jet Airways crew gift Vicky Kaushal sweet surprise

Jet Airways crew gift Vicky Kaushal sweet surprise 30,000 Feet above the Ground for his outstanding acting in URI: The Surgical Strike

Vicky Kaushal got a sweet surprise from the Jet Airways flight attendants who were celebrating Republic Day and the success of his latest film Uri.

The cabin crew baked him a cake and also presented him with a handwritten note, which said, "How's the josh? Happy Republic Day. Jai Hind. Extremely high sir."

The actor shared the photo of the cake on his Instagram stories.

He wrote, "Thank you flight attendant Karishma and team of @jetairways for specially baking this cake for me. The cake and the gesture were both sweet."

Wipro Positioned in ‘Winner’s Circle’ of HFS Blueprint Report on Software Product Engineering Services 2018

Bangalore, India - January 24, 2019: Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has been positioned in the ‘Winner's Circle’ of HFS Research Blueprint Report on Software Product Engineering Services 2018.

The report titled, ‘HFS Blueprint Report: Software Product Engineering Services’, was authored by Pareekh Jain, Senior Vice President, HFS Research, and Tanmoy Mondal, Senior Research Analyst, HFS Research, and was published in August 2018. The firm evaluated the capabilities of 25 service providers across a number of facets in two main categories – Innovation and Execution.

The report recognizes Wipro’s compelling vision, strategy and commitment to deliver business outcomes for customers in Software Product Engineering services. According to the report, Wipro’s strong onshore presence, investment in labs and innovation are the key differentiators. HFS has also recognized Wipro’s extensive range of service offerings, partnerships with start-ups, geographic delivery mix and key proprietary solutions.

The report also states that Wipro has been at the cutting edge of engineering innovation with some of their key customers across automotive, healthcare, media and hi-tech industries. As per the report, Wipro’s strengths in software engineering, include:

• Strong services offerings: Wipro has 20+ years of experience of delivering software product engineering services. It has deep domain expertise in the areas of system software, cloud, machine learning, mobility, UI/UX, and other areas of digitization. Wipro is also strong in DevOps and agile methodologies. It has built DevOps platform for rapid implementation and is working with 100+ clients in agile projects.

• Investment in labs, solutions, and innovation: Wipro has one of the highest number of patents among the service providers evaluated for this Blueprint. It has invested in multiple labs and centres of excellence (including domain specific, automation, artificial intelligence etc.) for building POCs, solutions and frameworks. Wipro is also leveraging its own crowdsourcing platform (Top Coder) to implement innovative design and development challenges in niche technologies.

• Accessibility engineering: Wipro is going beyond profits and has developed accessibility services offerings for digital Inclusion of persons with disabilities. It engages with clients to address the accessibility concerns based on the industry-specific needs and legal requirements.

• High value client accounts: Wipro has one of the highest number of $5 million+ client accounts among the service providers included for this Blueprint. It has also a good portfolio of clients that have long-term contracts with Wipro.

• Quality of Customers: Wipro has one of the highest number of clients in top 100 independent software vendors (ISVs), top 10 ISVs and also in the top 25 internet companies list which denotes the client quality mix of the service provider.

• Partnership with start-up companies: Wipro has established its strategic investment arm, Wipro Ventures ($100 million fund) that invests in promising start-up companies.

Anita Ganti, Senior Vice-President and Global Head – Product Engineering, Industrial & Engineering Services Group, Wipro Limited said, “Wipro has one of the highest number of high-value client accounts amongst the service providers included for this Blueprint. Our strategic investment arm, Wipro Ventures, invests in promising start-ups related to software product engineering services. We also leverage our own cloud solution platform to implement innovative designs in niche technologies. We are delighted to be recognized among the ‘winner’s circle’ of this HFS Blueprint and look forward to doing exciting work for our clients.”

“Wipro is in the Winner's Circle of our Software Product Engineering Services Blueprint report because of its strong service offerings, a portfolio of high value customer accounts, investment in patents, labs and collaboration with startups," said Pareekh Jain, Senior Vice President, HFS Research. "Wipro has stood out in terms of the quality of clients and geographic delivery spread. Its client portfolio includes one of the highest number of top 100 ISVs and top 25 internet companies. Its innovation willingness and solid delivery capability across geographies are major reasons of high number of long-term engagements.”

Wipro’s has over two decades of experience in end-to-end product and engineering services, across industries. Leveraging new age technologies such as IoT, Cloud, 3D Printing, Virtualization and AI, Wipro helps enterprises in their journey of digital transformation.

EVENT CAPITAL VENTURES INTO WEDDING INDUSTRY WITH INDIA BRIDAL FASHION WEEK

-           INDIA’S BIGGEST CONGREGATION OF WEDDING FASHION INDUSTRY –

Mumbai, 22^nd January 2019 – Event Capital, a group company of Laqshya Media Group, and India’s largest curator and aggregator of event IPs has recently partnered with India Bridal Fashion Week by acquiring substantial stakes in its event format in January 2019. India Bridal Fashion week – the event IP, was solely owned by IBFW Retail Pvt. Ltd since its inception in 2010, under the aegis of Mr. Vijay Singh, Founder and CEO, IBFW. IBFW Retail Pvt Ltd also independently operates its business in retail formats, both online and offline as IBFW.com and IBFW wedding stores with its current presence across major cities in India.

Launched in 2010, India Bridal Fashion Week (IBFW), the large format event, is the most opulent and highest profile fashion week in India. It leads the fashion industry through creative influence and has been strategically repositioning Indian fashion in the global fashion economy since past 8 years. The event showcases latest trends and designs in bridal couture by leading fashion designers of the country. IBFW has become the most aspired destination for India’s top designers, couture lovers, influential individuals, celebrities, socialites and legacy brands.

India Bridal Fashion Week has been participated by leading fashion designers like Abu Jani Sandeep Khosla, JJ Valaya, Rohit Bal, Tarun Tahiliani, Vikram Phadnis, Manish Malhotra, Meera Muzaffar Ali, Pallavi Jaikishan, Falguni Shane Peacock, Gaurav Gupta, Gauri Nainika, and many more. Indian Celebs like Kangana Ranaut, Jacqueline Fernandes, Sonam Kapoor, Alia Bhatt, Sonakshi Sinha, Sania Mirza, Anil Kapoor, Saif Ali Khan, Abhishek Bachchan etc. have walked the ramp for India Bridal fashion Week.

Speaking on the occasion, Alok Jalan, Managing Director, Laqshya Media Group, said, “We aim to promote & nurture a set of very high quality and large format event IPs, which are leaders in their conforming genres and create value for all stake holders. IBFW is a step in that direction. Indian weddings are known for their style and grandeur which makes wedding industry economics noteworthy; and within that bridal fashion is huge. We are keen to make significant contribution to the bridal fashion industry with this partnership.”

Mr. Vijay Singh, Founder, IBFW, said, “Today, Wedding has become a lifestyle statement for the rich and famous; and with enormous amount of money being spent on it, the bridal couture wear is the most profitable segment for the Indian fashion Industry. IBFW aims to tap this segment while helping the consumer get the most out of our talented designers and lifestyle products available in the country. Bridal fashion contributes to approximately 70% of leading designers' revenue in India with the Wedding industry itself valued at 2.5 lakh crores and growing at 25% annually. Partnership with Event Capital is a great step and we are excited to take IBFW to the next level together with our strengths combined.”

Speaking on the occasion, Deepak Choudhary, Founder & Director, Event Capital, said, “At Event Capital, we identify sizeable IPs across various categories and then acquire or create large IPs in those genres to own those communities. IBFW has been the most privileged and acknowledged property in India which has been talk of the town over years in the designer community, bridal community and wedding industry space and so it was only a logical progressive strategy to partner with IBFW to own this community.”

With this partnership, IBFW aims to build a stronger event together in 2019 with large format shows in multiple cities. The dates are expected to be announced in April 2019.

2018 VERDICT - JET AIRWAYS TOPS INDIAN AIRLINE ‘PRODUCT RATING’ CHART!

AIRLINERATINGS.COM 

Jet Airways, India’s full-service, premier international airline, achieved yet another milestone by securing a perfect product performance score of 7/7 as per the figures released by AirlineRatings.com, one of the world’s leading airline safety and product rating review websites. The airline topped the ‘product’ category list in the full-service category and was the only airline to receive full score across all product parameters amongst all its peers in the Indian aviation industry.

The rating system is rated from one to seven stars on product – with seven being the highest ranking. The 7-star assessment criteria for full service airlines includes seat pitch, in-flight entertainment, website information, beds, meals, blankets and pillows, and Editor’s Discretionary which draw on their collective 150 years plus experience to evaluate airlines based on personal experience and/or extensive industry knowledge to award the final star.

The product forms the core of Jet Airways’ business and is a competitive differentiator across the industry, as the quality of the guests’ experience impacts their future patronage of the airline. As a result, Jet Airways constantly innovates to ensure it maintains the gold standard of product excellence in the aviation industry. The recent AirlineRatings.com product rating is a testament of the airline’s unflinching commitment towards its guests via its ‘Guest First’ philosophy, wherein guests and their interests form the epicentre of every initiative undertaken by the airline.

In addition to scoring a perfect 7 on the ‘Product’ rating, Jet Airways scored 6/7 on ‘Safety’, which is on par with other Indian airlines and the highest rating received for 2018.

AirlineRatings.com, launched in June 2013, rates the safety and in-flight product of more than 400 airlines and is used by passengers from over 230 countries becoming the industry standard for safety and product rating.

PRODUCT RATING CRITERIA

·         The 7-star assessment criteria for full service airlines ishttps://www.airlineratings.com/full-service-carrier-product-rating-criteria/

·         The 5-star assessment criteria for low cost airline ishttps://www.airlineratings.com/low-cost-carrier-rating-criteria/

2ND GLOBAL TEXTILE TECHNOLOGY & ENGINEERING SHOW 2019

18th - 20th January 2019, Bombay Exhibition Centre, Mumbai

18^th January 2019

GTTES 2019  Opened Today To An Enthusiastic Response From Business Visitors

India ITME Society’s much awaited key event of 2019, GTTES 2019 opened today with new optimism,new opportunities & new prospects for the textile industry with 400+ Exhibitors, 49+ Countries & 65 International Business Delegations. Esteemed Dignitaries from Embassies & Ministry & numerous guests from Industry along with International business delegates attended the opening ceremony of this Textile Technology & Engineering event.

With a commendable growth of 26%, GTTES has set the standard in its very 2^nd Edition & is a testimony to global reach of GTTES as a trusted opportunity for business & gateway to India. First time participation from Sri Lanka & Slovenia and countries like Belgium, China, France, Germany, Italy, Japan, Spain, Turkey, UK, USA, Taiwan, Morocco, Algeria, Djibouti, Kuwait, Azerbaijan, Kyrgyzstan, Senegal etc. indicate that this event has achieved its place as a reliable international business platform for both domestic and overseas companies. 

GTTES 2019 shall facilitate interaction with all Export Promotion Councils which again shall help industry to know more about export opportunities, various Government subsidies, market initiative schemes available for Indian manufacturers & help to gain information and develop new opportunities for exports from India.

The product launch of Colorix Digital Printing Solution by Orange Group to unveil dye-sublimation solution at GTTTES was again a highlight of the event.

Concurrent to GTTES 2019 India ITME Society also proudly announced the Launch of an International Event – ITME AFRICA 2020. Set to initiate a revolution in generating employment, encouraging skill development, motivating entrepreneurship in Textiles, ushering investment, economic growth and thus bringing new aspirations for younger generation of African countries, 1^st edition ITME Africa is to be held in Millennium Hall, Addis Ababa, Ethiopia from 14^th to 16^th February 2020. In a first of its kind joint venture, India ITME Society and Ethiopian Chamber of Commerce and Sectoral Association(ECCSA) a premier organization in Ethiopia, along with International Trade Center brings this unique and exclusive business facilitator opening up an entire continent of new opportunities. This event was exclusively covered by CNBC.

With an effort to open up all possible opportunities for Trade & Investment with other countries & to review & expand further trade activities in this regard India ITME Society had invited several foreign buyers / delegates from Egypt, Ethiopia, Bangladesh, Sudan, Rwanda, Uganda, Ghana, Nepal, Tanzania, Russia & Cambodia for B2B meetings. In the specially designed B2B matchmaking area, the registered participants had a chance to meet with International Business delegates, with a personalized service which gave them an opportunity to make the right connections with the right people they wanted to meet through prearranged meetings. This initiative showed tremendous response & many of the interested participants had to be waitlisted.

Apart from the B2B meetings, there was an Industry Interactive Session to facilitate Govt / Industry Interaction. Ms. Surina Rajan, IAS, Director General, Bureau of Indian Standards (BIS) was available for open interaction with Industry members. This helped the Industry in direct representation towards formulation of policy for standardization, promoting exports / imports & control proliferation. The main points of discussion  included, Overview of Standardization work done by BIS in the field of Textile Machinery and Accessories. Issues related to Noise emissions and Safety aspects of textile machinery and adoption of related ISO standards & Inputs required for identified new subjects such as Embroidery Machines and Baby diaper making machines.

GTTES 2019 is the apt platform to connect the exhibitors with many new markets which has never looked at India as sourcing opportunity.  Both for Indian manufactures and foreign exhibitors this new and developing markets shall bring future opportunity for business and expand their customer networking in an unprecedented way.

GTTES is a must to visit event for every big, small companies in textiles and textile engineering as it is the largest and key business event for the year 2019.

GTTES 2019 – Marching Ahead With Technology For The Textile World

Airports Authority of India launches Skyfit Mobile App for Aviation Fraternity at Global Aviation Summit 2019 held on 16th January 2019 at Grand Hyatt, Mumbai

MUMBAI, 16 January 2019: Shri Suresh Prabhu, Honourable Minister of Civil Aviation Government of India, launched the official mobile application “Skyfit” for the Aviation fraternity on 16^th January 2019 during the Global Aviation Summit at the Grand Hyatt in Mumbai. The application was launched in the presence of Hon’ble Shri Jayant Sinha, Minister of State, Shri. R N Choubey, Secretary, Civil Aviation, Dr.Shefali Juneja, Joint Secretary, Civil Aviation, Shri Anil Gupta, ED(LM&BD), AAI and Dr. Ashok Bhatt, CEO & Founder, AGP Breathworks.

The “Skyfit” mobile application is available on google play store and iOS. The application is devised to address the occupational stress of the personnel in aviation, be it air traffic controllers, pilots, cabin crews, Ground Handlers, Air Passengers etc. The unprecedented growth in aviation has posed severe threat to the safety of aviation, in terms of the pressure created by capacity vs demand, on the existing infrastructure and resources. The worst hit of all is the human resource. The occupational stress due to cognitive work load of the personnel, especially in aviation can be a challenge for the safe aviation. Long term exposure to the stress is posing severe health issues like hypertension, ischaemic heart disease, diabetes, peptic ulcers and psychoneurotic disorders for the people employed in aviation. Various measures have been discussed in past like improving job planning and reliability of the work systems, improving the work environment, reduction of working hours etc. Airports Authority of India (AAI) has developed simple breathing exercises, in consultation with Dr Ashok Bhatt Medical consultant from AGP Breathworks and coordination with experts who have practiced these ancient techniques from yogic traditions, for decades and have found encouraging results in managing the stress of the aviation personnel, by just improving the way we breathe. AAI would like to share these unique and effective techniques, through its programme SKYFIT, with the aviation world, to cope up with the challenges of managing stress of pilots, cabin crew, air traffic controllers and above all air passengers. Speaking on the occasion, Shri.Suresh Prabhu, applauded the visionary initiative of Skyfit by AAI Stated that when India is poised to cater to the next 6 billion people and become a global leader, it also has to be equipped to address the stress level of the Human force and their quality of life. The solution lies in Skyfit. Speaking on the occasion Shri.Jayant Sinha, Minister of State, Civil Aviation, Government of India commended AAI for embracing modern technology and developing Skyfit, which would be an opportunity to address important issue of managing stress level through correct breathing exercises not just for India but for the entire world.” Speaking on the occasion Shri.R N Choubey, Secretary Government of India, appreciated AAI for devising such initiatives blending modern science with ancient yogic science for the benefit of all.

IIFL Finance to raise up to Rs. 2,000 crore via Bonds

IIFL Bonds offer yield of 10.50% p.a. for individuals and 10.35% for institutional category for tenor of 120 months

IIFL Holdings Limited, today said, its subsidiary, India Infoline Finance Limited (IIFL Finance), a leading Non-Banking Financial Company, will open a public issue of bonds on January 22, 2019, to raise up to Rs. 2,000 crore, for the purpose of business growth and expansion.  

The UK-based CDC Group backed IIFL Finance will issue secured and unsecured redeemable non-convertible debentures (NCDs), aggregating to Rs 250 crore, with a green-shoe option to retain over-subscription up to Rs 1,750 crore (aggregating to a total of Rs 2,000 crore).

The IIFL Bonds offer highest yield of 10.50% p.a. for Individual and Other categories, and 10.35% for Institutional category, for tenor of 120 months with frequency of monthly and annual payment. The other tenors offered are for 39 and 60 months.

CRISIL has rated the instrument as AA/Stable, which indicates that the instruments are considered to have a high degree of safety for timely servicing of financial obligations and carry very low credit risk.

Prabodh Agrawal, IIFL Group CFO said: “The funds raised through this Issue will be used for the purpose of onward lending, financing, and for general corporate purpose. Each of the previous bond issues from IIFL Group have been over-subscribed and repaid in a timely manner.”

Sumit Bali, CEO, IIFL Finance said, “Through our strong physical presence of 1,755 branches across India and a well-diversified portfolio, we are able to meet the credit requirement of various  segments of underserved population. The funds raised will help us in expanding our operation in more such areas.”

IIFL Finance’s profit after tax stood at Rs 357.2 crore for the half year ended September 30, 2018 , posting a growth of 69% y-o-y and its loan assets under management (AUM), predominantly retail, showed a strong growth of 40% y-o-y to reach Rs 36,373 crore, mainly driven by small-ticket home loans, which grew 59% y-o-y, SME finance loans which grew 113% y-o-y and microfinance loans which grew 259% y-o-y as on September 30, 2018.

Retail loans, including home loans and small business finance, constituted 85% of the loan book, and 46% of the loans were compliant with RBI’s priority sector lending (PSL) norms. The securitized loan book constituted 15% of the AUM and asset quality remained sound with Gross NPA of 2.2% and Net NPA of 1.0%. IIFL Finance is well-capitalized NBFC with a net worth of Rs 4000 crore and Total Capital Adequacy Ratio (CAR) of 18.7% as at September 30, 2018, including Tier I capital of 15.5%, as against the statutory requirement of 15% and 10% respectively.

The step-down subsidiary IIFL Home Finance focusses on affordable housing segment and is one of the leading players in disbursing Credit Linked Subsidy Scheme (CLSS) of Pradhan Mantri Awas Yojna. Since the launch of the scheme in 2015, CLSS beneficiary numbers of IIFL Home Finance has grown from 65 in FY 2015-16 to about 20,000 in December, 2018. 

The lead managers to the issue are Edelweiss Financial Services, ICICI Securities, IIFL Holdings Limited, and Trust Investment Advisors. The NCDs will be listed on the BSE Limited and National Stock Exchange of India Limited (NSE), to provide liquidity to investors. The IIFL Bonds would be issued at face value of Rs 1,000 and the minimum application size is Rs 10,000 across all categories. The public issue opens on January 22, 2019 and closes on February 20, 2019, with an option of early closure. The allotment will be made on first come first served basis.

Wrangler announces the Winners of True Wanderer 7.0

Wrangler’s True Wanderer, started in 2012, continues to be an increasingly popular annual event for the people who want to celebrate their love for the open road and the adventure of travelling.

In 2018, thousands applied to be a part of the seventh season and 25 True Wanderer finalists were selected to go on the trip around India to a destination of their choice. They could choose to travel by car, bike, foot or any mode of transportation of their choice whilst completing travel-related challenges set by Wrangler.

The 25 finalists, styled in Wrangler apparel, took wandering to a whole new level as they showcased the passions that drive their wanderlust. They captured the highlights of their epic road trips and shared it with the True Wanderer community with interesting and inspiring stories, photographs and videos. Their experiences can be found at https://wrangler-ap.com/in/

Based on public votes and the scores of an independent elite judging panel, Wrangler True Wanderer Season 7.0 announces the winners. The first prize has been won by Rupesh Bhadula from Roorkee, an exotic wildlife expedition to South Africa. The second prize has been claimed by Vishwa Sharma also from New Delhi, who has won a trip to the beautiful scenic mountains of Bhutan. The third prize winner is Gayatri Patel from Kohlapur, who gets a chance to spend time in the land of backwaters, Kerala.

True Wanderer finally comes to a perfect end at Biker’s Café. Sundeep Gujjar, Founder & Motographer of XBhp India’s largest lifestyle motorcycling platform, was present at the event to handover the prizes to winners.

Rohini Haldea, Marketing Head, Wrangler India, says, “Our brand is built around the spirit of freedom and the adventure and Wrangler seeks to be a companion for the open road for travelers and adventurers everywhere. We believe the three winners went on inspiring journeys that showcased their love for travel and adventure. It has been a total pleasure sharing this adventure with them and all the other contestants of True Wanderer 2018.”