Bright News

Mumbai, September 30, 2016:  Kotak Mahindra Bank Limited (Kotak), today announced that it has executed binding share purchase agreement to acquire 99.49% of equity shares of BSS Microfinance Private Limited (BSS), a Non-Banking Finance Company, classified as a NBFC-MFI, from existing shareholders subject to regulatory and other approvals, including Reserve Bank of India. The acquisition has been approved by the Board of Directors of Kotak Mahindra Bank and is for an aggregate all-cash consideration of Rs. 139.2 crore. As of June 30, 2016, BSS has a networth of approximately Rs. 73 crore and microfinance loans of Rs. 483 crore in its books. It will be a subsidiary of Kotak after receiving regulatory and other approvals. Strategic rationale and benefits BSS has a commercially established model in the microfinance segment. This acquisition gives Kotak access to BSS’s growing customer base which currently stands at over 2,17,000 and network of 78 branches (as of June 30, 2...

Mumbai, 29 Sept. Mr.  Motilal Oswal , Chairman, Motilal Oswal Securities Ltd, India’s largest Financial management company, was awarded the   Darshan Sagar Award 2016 in the field of Social, Educational and cultural development of Society   at the 11th Darshan Sagar Award Programme at Sarvoday Nagar, Mulund, Mumbai. Darshan  Sagar award is  a  prestigious national level award  given for s pecial work done in fields of ‘Education’, Research’, and ’Social service’. According to Pravin Shah and Niranjan Parihar of award committee, this award was presented in the presence of representatives of more than 1200 socio-educational institutions from all over the country and it included renowned personalities from industry, trade and corporate world.   On this occasion Oswal said,” "It is a great honour to receive this prestigious recognition from Socirty. I am humbled to have been awarded at such a prestigious platform which has in the past rec...

Mumbai, September 30, 2016 : NorthEast United FC has partnered with India’s leading logistics solutions provider, DTDC, to administer the overall logistics. Owned by John Abraham, the football club is gearing up for the opening ceremony of Hero ISL 2016, to be held in their home ground, Indira Gandhi Stadium on October 1. The opening ceremony, slated to be a gala star-studded affair, will clear the pavement for the first match of the championship, with the local favorites, NorthEast United FC taking on Kerala Blasters FC. The opening match is being awaited and anticipated by a house full of spectators, with the ticket counters already showing a Sold Out! Competing for the title spot, NorthEast United FC had roped in the international star, Didier Zokora as its marquee. Furthermore, the envious line-up of players in the squad includes the Arjuna Awardee Subrata Paul and the young talent of child protégés, Jerry Mawihmingthanga & Lallianzuala Chhangte (Zuala). Further sharing...

-           Curated by Indian doctors to offer a wide range of 1000 +health articles & videos -           20% percent of visitors on the Modasta platform are Hindi Speaking Health seekers Bangalore,  30 th  September 2016: Modasta.com , India’s first multi-lingual health content portal, today announced the launch of a Hindi version of the website and app. The Bangalore based health-tech start-up seeks to fill the gap in the health content space with credible information especially curated by Indian doctors. Data by Modasta reveals that 30% of Hindi speaking health-seekers access online health content as a first point of reference. Insights also show a preference for Health content on topics that include, pregnancy & child care, women’s health, diet & nutrition and skin health. Modasta already boasts of 1000 plus health articles & video on a wide range of subject...

September, 2016:  A timeless statement, the pair of cascading chandelier earrings, custom designed by  Narayan Jewellers by Ketan and Jatin Chokshi, Vadodara,  with handpicked Forevermark diamonds were sported by models at the  New York Fashion Week  runway during the show of brilliant designer Bibhu Mohapatra. The only jewellery brand from Vadodara to have reached the New York Fashion Week, also known as the Mecca of fashion,  Narayan Jewellers ’ pair of this stunning chandelier earring is an epitome of luxury and panache. The uniquely shaped chandelier earring is marvelously carved to make the wearer connoisseur of style and elegance. Inspired by the modern art of India, this beautiful earring is set with handpicked diamonds making it an ultimate choice for a perfect red carpet look.

Pune ,  30 th  September, 2016 : Pune Machine Tool Expo, 2016 – Western India’s B2B exhibition got underway on 29 th  September. The exhibition  was inaugurated by  Mr. Nitin Chalke, Managing Director – India, Eaton Technologies. Mr. P. Ramadas, Vice President – IMTMA, Mr. V. Anbu, Director General and CEO of IMTMA, Mr. Rajiv Khatri, Chairman, IMTMA Regional Council (West) and Dr. Anant Sardeshmukh Director General, Maharatta Chamber of Commerce, Industry and Agriculture were also present on the occasion Organized by the Indian Machine Tools Manufacture’s Association (IMTMA), the exhibition will be held for four days from 29 th  September   – 2 nd  October 2016 and will  serve as a platform to demonstrate the latest manufacturing technologies.  With over 100 exhibitors,  the expo covers the entire gamut of metal working machine tools for both metal cutting and metal forming including automation and robotics, tooling systems, CAD...

- LAUNCHES INDIA’S FIRST ANTI-MOSQUITO FABRIC ROLL-ON PERSONAL REPELLENT Mumbai, September 29, 2016:   Godrej Consumer Products Ltd. (GCPL) today announced its foray into Out of Home (OOH) personal repellent category under its flagship brand Good knight . The new range has innovative formats that are easy to use and protects against mosquitos outdoors. The highlight of this range is Good knight Fabric Roll-On , India’s first format that just needs 4 dots to be applied on clothes and protects for 8 hours against mosquitoes outdoors. Additionally, the range also includes Good knight Cool Gel and Good knight Patches . Sunil Kataria, Business Head-India and SAARC, GCPL said, “While there is an alarming rise of vector borne diseases like Dengue and Chikunguniya across the country, there is a lack of awareness that the mosquitoes that spread these diseases, usually bite during the day. Another reason for low adoption for outdoor and personal mosquito re...

Campaign emphasizes the brand’s ‘You are your biggest strength’ philosophy Mumbai, September 30 th , 2016:  Bollywood actor and fashion icon Deepika Padukone’s fashion brand for women,  ‘All about you’  in association with Myntra today launched its first brand campaign highlighting its core philosophy. Centered on the theme – ‘You are your biggest strength’ and can conquer anything when ‘you are with you’, it celebrates an individual’s personal strength as she takes on personal and professional challenges in life, devoid of all external influences. The words- ‘feminine’, ‘romantic’ and ‘carefree’ encapsulates the essence of ‘All About You’ and is inspired by the style of Deepika Padukone and celebrates the modern femininity of Indian women. The new campaign illustrates how one can conquer any predicament in life when “you are with you.” The TVC takes you through the lives of three young women who take on professional and personal situations with an unconventional ...

One of the World’s Most Viewed Sports Will Arrive in US United States of America Cricket Association (USACA) licenses exclusive rights of Franchise T20 Cricket League to Global Sports Ventures, LLC; bringing professional Cricket to the United States New York, NY (Sept. 29, 2016)  – Today, the United States of America Cricket Association (USACA) announced exclusive licensing rights for a Franchised T20 Professional Cricket League to Pennsylvania-based sports development company Global Sports Ventures, LLC; bringing and professionalizing the world’s second most popular sport to the United States, and the world’s largest sports economy. “USACA is thrilled to announce a commercial partnership with Global Sports Ventures LLC to bring this long adored sport stateside, and are confident in their ability to grow the sport in the United States,” said Gladstone Dainty, President of USACA. “This multi-year, multi milliondollar licensing agreement will change the way the sport is...

~ Film highlights the need for life insurance in a humorous way ~ New Delhi, September 29, 2016  - PNB MetLife, one of the leading private life insurers in the country, won Bronze Spike 2016 in the Film category at the Spikes Asia 2016 awards held during September 21 – 23, 2016 at Suntec, Singapore. The company was recognized for its ingenious magician brand film #AnythingCanHappen. Penetration of life insurance is still very low in India and most of the brand communication in this category focusses on benefits like ‘returns’, and services like ‘ease of claim settlement’ amongst others. Through this film, the company wants consumers to recognize the need for insurance to protect themselves and their families as #AnythingCanHappen in life. While consumers are aware of this, they don’t want to think that something unfortunate can happen to them. Keeping this in mind, PNB MetLife has tried to communicate the message in a humorous way to ensure it is not morose or depressing....

Focuses on Development Opportunities for Women and Young Girls ATLANTA/India, September 29,  2016   – During October, nearly 20,000 UPS (NYSE: UPS) employees on five continents around the world will participate in the company’s 14th annual Global Volunteer Month. Employees are expected to donate 325,000 volunteer hours to more than 300 community service events taking place across North America, Europe, Latin America, Asia Pacific and Indian subcontinent, Middle East and Africa  (ISMEA). At UPS India, annual Global Volunteer Month is a part of UPS’s Neighbor-to-Neighbor (N2N) community outreach.  For this year, a total of 31 Volunteerism activities are planned in October all across India and over 7738 Volunteer Hours. “Volunteerism and diversity are at the heart of our culture,” said Eduardo Martinez, president of The UPS Foundation and chief diversity and inclusion officer for UPS. “UPS and The UPS Foundation are committed to community service all year ...

Mumbai, 29 September, 2016: Coursera, the world’s leading online education company, has entered into a unique partnership with Manipal Global Education Services (MaGE) to offer curated educational content to Manipal Global’s over 1.5 million active learners and alumni community.  This will allow Manipal learners initial access to more than 60 high demand Specializations and Certificate programs from Coursera’s leading university partners. The learners can skill and up-skill themselves in areas such as data science, analytics, computer science and management. At the end of the programmes, the learners will receive certifications from Coursera, the international university offering them and the Manipal Education Group. Manipal Global will enhance the learning experience by supplementing Coursera content with contextually relevant course material such as local case studies. Learners will have access to all the content through a single sign-on. Learners interested in this ...

Mumbai, September 29, 2016:  October, a month of revelries and much celebration with Dussehra and Diwali festivals, promises to be an exciting time at Tata CLiQ, Tata group’s multi-brand phygital ecommerce platform. Gearing up for its very first festive season sale, Tata CLiQ today revealed   its CLiQciting  ‘Festober’  celebrations i.e. offers, deals and giveaways as part of the festivities all through the month of October. With consumers at the heart of this thought, Tata CLiQ has earmarked 50% of its marketing budget for the unique Festober celebrations and planned out a range of exciting deals, new launches, flash sales, best price offers and bumper prizes. Consumers can also soar high through the Festober Fly offer where  numerous Vistara air   tickets  are being given away from 1st – 6th October, 2016. Derived from the words festivities and October, Tata CLiQ ideated the ‘Festober’ month which features Festober Flash, Festober Fireworks, Fe...

Experience some of the finest mix of fusion numbers by the super talented singer Parthiv Gohil Mumbai, September 29, 2016:  Dome @ NSCI SVP Stadium, India’s premier entertainment and leisure destination in collaboration with SRK Exotic Eventz & Entertainment & Sparsh – RSLB will celebrate the popular festival of Navratri by organizing the largest indoor Dandiya festival, Dome Raas Garba from October, 7 – 9, 2016 DOME, this year will showcase a larger than life experience with a fusion of traditional Garba with Bollywood-style Dandiya played with special colourful LED dandiya sticks, impromptu contests for the participants and much more. The gala evening will serve a variety of exotic fast food and authentic Gujarati food to satisfy the taste buds of the crowd. The phenomenally talented  Parthiv Gohil , playback singer for legendary Indian films like Devdas & Saawariya will be enticing the crowd with his signature style melodic music during the course of t...

Tamannaah Bhatia  was seen for Sun TV promotions of Devi in Chennai  wearing an Abu Jani Sandeep Khosla creation. She wore a black net blouse embroidered in off-white sequins , bugle beads and Swarovski crystals from the Masai collection teamed with a black georgette saree, edged with sequins and chamoise satin borders.

B URGER KING McLAMORE ℠ Foundation Raises Awareness of World Literacy Month Mumbai – September 29, 2016 – September is World Literacy Month. According to the World Literacy Foundation, one out of five people in the world can’t read or write – 20% of the population globally 1 . To raise awareness, the B URGER KING McLAMORE ℠ Foundation created a campaign that shows the other approximately 80% what it feels like to be illiterate. Literacy and increased access to education are core pillars of the B URGER KING McLAMORE ℠ Foundation , which was established in the name of BURGER KING® Restaurants co-founder James McLamore who believed in higher education for all. To draw attention to the 20% rate of illiteracy Burger King India launched a social media campaign which features Facebook and Instagram posts written in foreign languages that fans can “translate” through Facebook’s auto translation tool to reveal the messaging in English about the power of literacy and educat...

Actors Taapsee Pannu and Rahul Khanna launch the New Fall 2016 collection National, September 28, 2016  – Nautica, the leading global lifestyle brand for modern nautical style, is shifting course with a re-imagined take on its image. Introduced through an exclusive fashion presentation at the Dome, Intercontinental today, Nautica announced its new positioning and the launch of the Fall 2016 Collection with Rahul Khanna and Taapsee Pannu. Rahul Khanna showcased his four favorite looks from the collection using his favorite colours navy blue and grey just like the Nautica style. Taapsee Pannu too showcased two of her personal favorite looks which were completely different from each other but still in the Nautical style. Nautica's new approach to design celebrates the brand's roots in New York City and its established nautical heritage through its new message: "Inspired by the sea, designed in the city."   Launching in India withFall 2016, patrons will see ...

Mumbai, September 28, 2016:  Shivaay  Actor-Director Ajay Devgn, a longtime supporter of Smile Foundation & a firm believer of education for the underprivileged girl children, has joined hands with Smile Foundation .He also unveiled the campaign #SHECANFLY which is an initiative by Smile Foundation to sensitize the society on the dreams and aspirations of the girl children. Smile Nutrition Ambassador, Chef Vikas Khanna was also present to extend his support to the cause. In the capacity of “ Goodwill Ambassador ” Mr. Ajay Devgn will work towards generating awareness on the importance of education and reach out to thousands of underprivileged girl children who are not only deprived of basic education but are still struggling to come out of the vicious cycle of poverty. Needless to mention Mr Devgn strongly believes that these girl children with little support will write their own destinies. Speaking on this occasion, the Padma Shri award winner Actor –Director ...