Bright News

29 February 2020 , New Delhi : Affle (India) Limited, the leading consumer intelligence technology company,  today  announced the signing of a definitive agreement to acquire Spain headquartered Mediasmart, a self-serve mobile programmatic and proximity marketing platform. Mediasmart provides advertisers, trading desks and agencies an integrated mobile advertising platform with unique incremental impact measurability for Proximity and App marketing campaigns. Mediasmart’s Proximity marketing solutions allow it to deliver location targeted campaigns with real time footfall tracking and offline attribution.   It thus enables advertisers who sell offline to isolate, attribute and measure the incremental impact of proximity driven mobile advertising. It also helps App marketers to measure and grow the incremental ROI metrics for their mobile advertising campaigns. This acquisition carries a great strategic merit as it strengthens Affle’s CPCU based platform and business...

Mumbai, 28 th  February, 2020:  Starting from  tomorrow , cinema goers will first watch an educative short film to create awareness on reporting crime against women before their movie gets screened. Viviana Mall along with   Thane Police has announced a campaign titled as “#MeraFarzHai” with a cause to create awareness across the society for women’s safety with the release of this educative film. A special screening of the awareness video was done  today . Releasing from  February 29  till  March 9 , movie theaters will play this 1min 54sec film to make society a better place for the fairer sex. “The only way to bring down these horrific incidents, is to rise up and act against sexual violence. This Women’s Day, we are launching an initiative to get the public more involved in prevention and reporting of harassment incidents and crime,” said Manoj K. Agarwal, Chief Executive Officer, Viviana Mall. As per National Crime Records Bu...

Research commissioned by JLL with data compiled by Tech In Asia reveals funding for property technology start-ups continues to shine in India. Mumbai,  February 28, 2020   – India continues to buck the trend as proptech funding grew nearly 17 times from USD 3.4 million in 2018 to USD 56.8 million in 2019. This is despite the fact that after reaching a high of more than USD 1 billion in disclosed funding in 2018, property technology – or proptech – start-ups in Asia Pacific saw their funding decline by 38.4% in 2019. “The tech community of India has produced some of the most innovative solutions in different industries. Its proptech scene has great potential as well as deep engineering expertise and this is also why JLL partnered with Invest India to launch India’s biggest proptech accelerator - JLL IDEAs last year,”  says Ramesh Nair, CEO and Country Head, JLL India. Last year, proptech start-ups in Asia Pacific raised USD 625.9 million, according to researc...

Mumbai,  February 28, 2020 :   Trust for Retailers & Retail Associates of India (TRRAIN), a public charitable trust aiming to be a catalyst for change in the retail industry, founded by Mr. B.S Nagesh, Non-Executive Chairman of Shoppers Stop,  organized its 9th edition of ‘TRRAIN Retail Awards 2020’ in Mumbai  today . TRRAIN Retail Awards, is the world’s only property that recognizes exceptional customer service of the retail industry. The award ceremony was graced by  Chief Guest  Smt. Smriti Zubin Irani, Hon'ble Union Minister of Women & Child Development & Textile.  A free-flowing discussion between TRRAIN Founder,  Mr. B.S. Nagesh and Smt. Smriti Zubin Irani  was also held at the award ceremony on ‘Retail Environment, its growth & future and future of women employment.’ Industry leaders from the sector like  Kishore Biyani, C.L. Raheja and Dalip Sehgal, CEO Nexus Malls  were also present at the event. ...

Mumbai: Ms Kavita Sahay Kerawalla, Vice Chairperson, VIBGYOR Group of Schools was recognised as “ET NOW Business Leader of the Year (Education Sector) Award” in Mumbai recently.  A trailblazer in educational innovation, Kavita Sahay Kerawalla, has been an educationist for over two decades. She believes that education can be the catalyst to transform the world, inspire the young generation and make the world a better place. A powerful driving force behind VIBGYOR Group of Schools since its inception, an academician in her felt that the curriculum offered in a large number of schools did not equip children for the demands of the future. She led a team of experts who designed a curriculum for VIBGYOR that has a fine mix of global teaching practices and the Indian curriculum.  The research cell of ET NOW Business Leader of the Year consisted of post graduates in History & Management with a collective experience of almost 50+ years. It was an iconic job by the research c...

National,  Feb 27, 2020 : Pidilite Industries Ltd. (Pidilite)  a leading manufacturer of adhesives, sealants, construction chemicals, consumer adhesive, and specialty chemicals has entered into a definitive agreement with  Tenax SPA (Tenax Italy) for acquiring 70% of the share capital of Tenax India Stone Products Pvt. Ltd. (Tenax India) for cash consideration of approx. Rs. 80 crore (depending upon actual working capital and cash at the time of closing). Tenax Italy  is the leading manufacturer of adhesives, coating, surface treatment chemicals and abrasives for the marble, granite and stone Industry. Tenax India, incorporated in 2005, is a subsidiary of Tenax Italy engaged in the sales and distribution of Tenax Italy products for the retail market in India. Mr. Bharat Puri, Managing Director, Pidilite Industries Ltd.  said “This acquisition will help expand Pidilite’s presence in the fast-growing adhesives, coatings and surface treatment chemicals ...

In 2002, stationery accessories got a brand new identity called ‘William Penn’. This was launched with the idea of bringing lifestyle-driven stationery to India, and allow customers to touch and feel products before buying them. Until then, stationery was limited to small stores that did not have brands catering to a specific appeal. William Penn sensed this void early on and underlined the need for a premium writing-instrument specialist store. 18 years later the purveyor of premium writing instruments and men’s lifestyle accessories launched their first international store at  One Galle Face Mall in Colombo, Sri Lanka inaugurated by former Sri Lankan Cricket Captain Aravinda de Silva. With this William Penn’s journey so far has been into premium writing instruments, diversification into premium men’s lifestyle accessories with the acquisition of the English brand Lapis Bard in 2016, and a wide range of smartly designed writing-accessories such as organizers, activity-note...

Mumbai  February 27, 2020 :   Departments of Biomedical Engineering, Mechanical Engineering and Civil Engineering from CASE Western Reserve University, School of Engineering joined hands with International School of Engineering (INSOFE) to offer Masters degrees with dual specializations (Core and Data Science/AI) The program starts with 15 credits of Data Science education at INSOFE. Once these credits are completed, the remaining credits of course work will be delivered at Case Western Reserve University in Cleveland.   Major benefits of the program ·           Upon successful completion, the student gets a fully accredited Master’s Degree by the Case Western Reserve University, Cleveland OH and hence will be able to benefit from 3 years of OPT (Subject to approval by USCIS). ·           The programs are designed such that any engineering student can cho...

IndiaMART is India’s leading B2B marketplace with over 60 percent market share  of the online B2B Classified space in India ●          IndiaMART is not just a marketplace; it is a market ecosystem in itself, pioneers of B2B  ecommerce in the country ●          IndiaMART par business karna ‘Bada Aasan Hai’, a one-stop-shop for all the user needs ●          IndiaMART building credible avenues for businesses and creating an everlasting customer experience New Delhi,  27th February 2020 : IndiaMART has achieved 10 crore registered users on the platform. IndiaMART, India’s leading B2B marketplace with over 60 per cent market share has seen a tenfold increase in the user base in the last six years. Expressing his delight on the occasion,  Mr Dinesh  Gulati, COO, IndiaMART InterMESH Ltd ., said that,  “We have aimed at maki...

“Since last few years, Republic of Crimea has made tremendous economic and social development with investments from the Russian Federation. Crimea is one the Russian largest tourist hubs. The rapid infrastructure growth with social and economic development and the establishment of the innovative and investment-attractive economy has enabled the peninsular region of Crimea to become an important growth region of Russia. Its strategic location in the black sea can help India to accelerate bilateral trade with Russia, “ said Mr. Georgy Muradov - Deputy Chairman of the Council of Ministers of the Republic of Crimea - Permanent Representative of the Republic of Crimea to the President of the Russian Federation in a Keynote Address at an interactive programme on ‘Doing Business with Republic of Crimea, Russia Federation’ organised jointly by MVIRDC World Trade Center Mumbai and All India Association of Industries in association with Consulate General of Russia in Mumbai and Southern Region...

• New polyurethane composite concept with kenaf fibers • 30 percent lighter than conventional material Mumbai,27 th  February 2020 :-   Lightweight materials will play an increasingly important role in future mobility, e.g. they will further extend the range of electric cars. Covestro as a provider of material solutions has a long-term experience in the global automotive industry. This also applies to the Japanese market, where the Innovation Center of Covestro has already developed many sustainable solutions, for instance components for low-density polyurethane foams. Based on its innovation leadership, Covestro was chosen as partner by Toyota Boshoku Corporation, a car component manufacturer of the Japanese Toyota Group, for jointly developing a new polyurethane composite material for the new electric concept car “LQ” developed by Toyota Motor Corporation. The material is based on a combination of Covestro's advanced Baypreg® F NF technology and Toyota Boshoku's ...

Mumbai,  27 February :  Veterinary API major, Lasa Supergenerics Limited recently announced its acquisition of Harishree Aromatics And Chemicals Private Limited which is in the manufacturing of Veterinary API & Other Pharmaceuticals Intermediates. In addition to the takeover of the manufacturing unit along with all other assets and liabilities whereas transferor is a debt free company, the amalgamation and consolidation will result in an increase in market share, product and services diversification, combined pool of reserves, investments and other assets giving it a competitive edge over its listed and unlisted peers While the deal size has not be disclosed, the corporate announcement uploaded on the stock exchanges stated that on the scheme becoming effective shareholders of Harishree will be entitled to 1000 fully paid up shares of Lasa for every 35 equity shares held Commenting on the acquisition, Dr. Omkar Herlekar, Chairman– Lasa Supergenerics Limited,...

Tata leads with 30 brands featured; Godrej 11; Amul, Reliance, LG & have 9 each Mumbai. 26 th  February, 2020.  South Korean electronics giant Samsung wins the crown in TRA’s Most Desired Brands 2020, making it a fourth time victory in six editions of the report. The brand also led the list in 2018, 2015 and 2013 reports as well. Technology giant Apple takes the 2 nd  place up one rank from last year, having climbed steadily over the years from rank 290 in 2015 to the exalted place this year. Samsung features again at 3 rd  rank in the Consumer Electronics Category.  Sony TV, the GEC channel is a debut entry and rises by an impressive 594 ranks to occupy the 4th position this year followed by Maruti Suzuki at 5 th . The Austin-based laptop maker Dell secures 6 th  rank; Samsung in Televisions at 7 th , Amul Milk at 8 th , Honda Activa at 9 th  and Hyundai at 10 th  follow sequentially. The MDB 2020 list has 394 new brand entries which ...

Sudha Murthy, Ashwiny Iyer Tiwari, Nivruti Rai will take the conference stage ‘Women Who Make India’ theme to inspire and ignite change for inclusive workplace Conference will be launch pad for first-of-its-kind community of women February 2 6, Bangalore:   MAKERS India , a  Verizon Media  brand accelerating the women’s movement in the country,  today  announced its  inaugural conference  in India, which will take place on  March 13  and 14 in Bengaluru at Hotel Conrad. Since its launch in October 2019,  MAKERS India has amplified the voices of women breaking down cultural and societal barriers to take their place in the country’s workforce. The MAKERS India conference will bring together influential women leaders from diverse fields for the first time, to explore ways to advance equality in the workplace. It will bring new perspectives to conversations that can propel action on themes like equality and inclusivity for women in the...

Farmers likely to suffer on production losses Prices may go up due to lower supplies Hyderabad,  26 February 2020 :  The Indian Oil Palm farmers are likely to be suffered by low yields this year as a result of a deadly invasive pest called Rugose Spiralling Whitefly (RSW) which is rapidly infecting the Oil Palm plantations across the major crop areas in Southern States –the region accounts for about 70% of the total production in the country. The pest, which was noticed above the permissible Economic Threshold Level (ETL) in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana, is a major cause of concern for the Ministry of Agriculture as this dangerous species can damage plants and significantly reduce yield. Scientifically called as Aleurodicus rugioperculatus Martin (RSW), the disruptive pest has already infected several thousands of acres of Oil Palm plantations. Primarily found in Coconut plantations, the insect which doesn’t have a natural enemy to supress its ...

Australian Tourism Minister announces funding boost to further ramp up marketing efforts Mumbai,  26 February 2020 . Australian Minister for Trade, Tourism and Investment, Simon Birmingham, announced a funding boost of AUD1 million dollars to Tourism Australia to further ramp up its marketing efforts in a bid to lure more Indian tourists for the ICC T20 Cricket World Cup tournament scheduled to take place between  18 October  to  15 November . Speaking at an event in Mumbai attended by Aussie cricketing legend Glenn McGrath and Indian cricket commentator and Friend of Australia Harsha Bhogle, Minister Birmingham reiterated that while the recent Australian bushfires have been unprecedented, Australia is open for business and tourism businesses are geared up to welcome Indian travellers. With the women’s ICC T20 Cricket World Cup underway currently and the men’s tournament on later this year this, Tourism Australia’s current advertising campaign ‘Experience t...