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Showing posts from March, 2020

2020 Red Dot ‘Product Design’ award for Kia XCeed

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·         Major design accolade for Kia’s new urban crossover ·         All four models in Ceed family now recognized with Red Dot awards ·         Prize brings Kia’s total number of Red Dot awards to 25 since 2009 New- Delhi, March 30, 2020  – The Kia XCeed urban crossover has been recognized with a 2020 Red Dot design award. The ‘Product Design’ prize makes the XCeed the fourth member of the Ceed model family to receive a Red Dot prize. The XCeed’s accolade brings Kia’s total number of Red Dot awards to 25, since the brand won its first in 2009. Most recently in 2019, the XCeed’s stablemates – the Ceed, Ceed Sportswagon and ProCeed – were each individually recognized for their design strengths by the prestigious awards programme. Karim Habib, Head of Kia Design Center , said “Kia has strived for continuous quality improvements and more fascinating and interesting customer experiences. Kia’s crossover XCeed represents this new vision. I am extremely proud that our te

Fortis puts in place 3-tier COVID19 defense structure; isolation wards set up at 28 hospitals across India

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2 patients treated successfully are being discharged today from Fortis Memorial, Gurugram A total of 87 suspected cases and 21 confirmed cases are being treated at Fortis hospitals ( as on 29 th  March, 2020) 262 isolation beds earmarked for COVID19 patients SRL Diagnostics testing COVID19 samples at multiple locations National, 29 th  March, 2020 :  Fortis Healthcare ,  India’s leading healthcare solution provider , has initiated a 360 degree action plan to meet the challenges of treating COVID19 patients with a slew of initiatives. As the entire country comes together to beat this pandemic, Fortis has set up isolation wards in all of its 28 hospitals across the country and a total of 262 isolation beds have been earmarked to treat COVID19 patients. The medical teams at Fortis are already treating  21 COVID19 positive cases along with  87 suspected cases at various hospitals.  Two COVID-19 patients are all set to go home after their discharge from Fortis Memorial Res

COVID relief for cops: Mumbai Police get 6,000 healthy nutrient-rich Munchilicious Granola packs

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Mumbai, 30 th  March, 2020:  Mumbai’s cops are one of the most active COVID-19 warriors in the forefront of action and the police patrolling the City during lockdown need lots of appreciation as well as much more to keep them going 24x7! There is some relief on its way to the Mumbai Police, who have been working very hard, and are not able to get basic food at regular intervals due to a hectic schedule. Janta Warriors Mumbai Police have now got 6,000 healthy nutrient-rich packs of Munchilicious Granola by SOCH Foods LLP - a mixture of dried fruits, nuts, seeds, fruits, grains, pulses, etc. - that can be eaten anytime anywhere on the move. Janta Warriors Mumbai Police have been provided safe and hygienic packs of Munchilicious Granola, which promotes healthy anytime anywhere snacking. At present, Munchilicious Granola has 5 delicious variants – Original (80% Nuts, Seeds & Grains), Dried Fruits (82% Nuts, Seeds, Fruits & Grains), Dark Chocolate (56% Nuts, Seeds & Grains),

Centre-State lack of coordination delivers the medical supply chain a sucker punch

Mumbai 30 th   March  2020 : Medical Technology Association of India (MTaI), which represents leading research-based medical technology companies that have a large footprint in manufacturing, R&D and healthcare worker training in India, is in constant engagement with the government to tackle the current COVID-19 situation in India. MTaI in a statement released   said, “The central government has expeditiously moved through the Department of Pharmaceuticals (DOP) Secretary as well as through the National Pharmaceutical Pricing Authority (NPPA) and the Health Ministry to underscore the exemption of Medical Devices and Equipment manufacturing, warehousing and distribution from the lockdown. The centre is a disseminator of directives however, the implementation rests with state governments and local level administrators.   The latter it seems have not understood that this 21-day lockdown is to prepare the hospitals and are clamping down manufacturing, warehousing, distribution, of

Importance of Nature in Architecture and Designing

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The phenomena of the physical world collectively, including plants, animals, the landscape, and other features and products of the earth, as opposed to humans or human creations is often described as nature and we all are a creation of nature. In daily life, human connecting to fellow human is very usual and at times tedious too. Every human in some corner of his heart has a connection with nature. Of course, needless to say, some might connect with water while some might connect with landscape, animals or other natural products of the earth as it is subjective.   Architecture & Design with Nature have a fascinating connect. In the journey of design, every designer aims to consolidate various elements through the play of materials which are often impressive, intricate but human-made substances. These factors in design quite obviously make the space look magnificent but however it lasts only for a short number of years. The moment an element of nature is incorporated in the de

Stock Markets Tread Sideways As Rs. 1.7 Trillion Economic Package Lacks Big-Bang Announcements

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(Mr. Aamar  Deo Singh, Head Advisory, Angel Broking Ltd.) Both Nifty and Sensex lacked momentum  today  even as their Asian counterparts ended their week’s trading activity a notch above. In India, the respective stock markets, on the other hand, indicated a sideway trend. Nifty 50 paired a gain for 4 th  consecutive day and was up 0.22% during the closing bell. Sensex, on the other hand, was down 0.44% today. Banks drive value following RBI’s MonetaryPolicy The reliefs offered in RBI’s Monetary Policy, including 3-month Moratorium period, gave the market a good support as the market sentiment appeared to be bearish. Nifty bank inched closer to the 20,000 level  today  by closing at 19,969 points. In it, Bandhan Bank was the day’s top performer with an advance of 15.75%. Federal Bank grew by 6.34%, Axis Bank by 5.37%, and IDFC First Bank by 2.99%  today . IndusInd Bank corrected by 5.69% after surging around 46% yesterday. RBL and Bank of Baroda also took a beating of around 3%

Medicalwale.com launches ‘Night Owls’ to make delivery of Medicines and Health essentials available 24 hours to citizens

- Ties-up with over 5000 local pharmacies for doorstep delivery of medicines round the clock - Facilitates online Doctor consultancy via Video call and Chat to address health-related queries along with a Coronavirus expert on board 27th March 2020; Mumbai : Medicalwale.com, a futuristic Omni-channel healthcare platform aimed at putting India at the top of the global healthcare chart by making the best of the services accessible and affordable for people, launched several initiatives to help people get through the tough lockdown times that India faces today due to the Coronavirus pandemic. In a bid to contain the spread of Coronavirus, Prime Minister Narendra Modi announced a 21-days-long nationwide lockdown. Medicalwale.com has tied-up with over 5000 local pharmacies in Mumbai to enable residents of the vicinity to get access to medicines and health essentials while staying quarantined safely in their homes. Users can now easily order medicines, OTC products and daily essenti

Media and entertainment industry in 2019 grew by almost 9% to reach INR 1.82 trillion: FICCI - EY Report 2020

MUMBAI, 27 March 2020: The Indian Media and Entertainment (M&E) sector reached INR1.82 trillion (US$25.7 billion) in 2019, a growth of ~9% over 2018 states the FICCI EY report  ‘ The era of consumer A.R.T. – Acquisition Retention and Transaction ,’  launched today. With its current trajectory, the M&E sector in India is expected to cross INR2.4 trillion (US$34 billion) by 2022, at a CAGR of 10%*. While television and print retained their positions as the two largest segments,  digital media overtook filmed entertainment in 2019  to become the third largest segment of the M&E sector.  Digital subscription revenues more than doubled from 2018 levels and digital advertising revenues grew to command 24% of total advertising spend. The sector continues to  grow at a rate faster than the GDP , driven primarily by growth in subscription-based business models and India’s attractiveness as a content production and post production destination. The rapid proliferati

Covestro signs EUR 2.5 billion new syndicated revolving credit facility with ESG element for the first time

24th March 2020:- Covestro has successfully signed a contract with its 16 core banks for a new syndicated revolving credit facility for EUR 2.5 billion with a term of five years plus two one-year extension options, effective as of March 17, 2020. The facility can be drawn in different currencies and will be used as a standby backup liquidity reserve. The new facility replaces the existing EUR 1.5 billion revolving credit line, which was also a backup liquidity facility. It provides Covestro with additional financial flexibility and increased liquidity reserves on favourable terms. One important new element of the facility is the link with an environmental, social and governance (ESG) rating: the better Covestro's ESG performance is, the lower the interest component of the credit facility will be. In this way, Covestro is once again underlining its commitment to greater sustainability and creating its own financial incentives for sustainable business performance. &quo

Nutritional intervention should be persuade & encouraged as effective prevention for COVID 19 like CRV

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Mr. Raktim Chattopadhyay (Post graduate Human Physiology & specialised in Medical Nutrition) Founder & CEO, Esperer Bioresearch Community acquired respiratory viral infections (CRV) can increase morbidity, mortality in some critical disease conditions like cancer. These are the result of infections with a heterogeneous group of viruses including RNA viruses, such as respiratory syncytial virus (RSV), influenza virus (IV), parainfluenza virus (PIV), metapneumovirus (HMPV), rhinovirus (RhV), and  coronavirus (CoV).  Infections due to recent COVID 19 outbreak maintain similar seasonal pattern to those of immunocompetent patients. Clinical manifestations vary significantly depending on type and degree of immunosuppression, from upper to lower respiratory tract infection and prolonged viral shedding. Use of corticosteroids and immunosuppressive therapy are risk factors for severe disease.  The clinical course is often difficult to predict, and clinical signs are unreli

Syncordis partners with international bank for Temenos-Based Transformation

The win underscores strength of unique combination of Syncordis’ Temenos expertise along with LTI’s global system integration capabilities India March 26, 2020  – Syncordis S.A., a leading Temenos banking software specialist and a subsidiary of Larsen & Toubro Infotech Ltd. (LTI) has been selected as the partner for a strategic Temenos T24 Transact engagement by Standard Chartered Bank as the bank transforms and upgrades its wealth platform. This prestigious win further consolidates Syncordis’ enviable reputation as a global, pure-play, one-stop partner for Temenos clients. As part of this engagement, Syncordis will reimplement Temenos T24 Transact and integrate it with Standard Chartered’s Temenos WealthSuite, Insight and DataSource applications as well as other systems. The implementation will be accelerated by Syncordis’ regulated SaaS solution and LTI’s global system integration services. The benefits of this functionally rich, regulated SaaS solution include automate

AN INDUSTRY WITH A HEART !

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The Gem & Jewellery Export Promotion Council Contributes  Rupees 50 Crores  from its Reserves To Fund livelihood of Daily Wage Workers of the Gems & Jewellery Industry To Fund the Government Initiatives to fight Covid-19 Mumbai, 26 th  March:   The Gem & Jewellery Export Promotion Council, the apex body of the Gem and Jewellery industry in India, has come forward to contribute a  Fund of Rs. 50 Crores  from its own reserves to help the needy workers of the industry impacted by Covid-19. The Fund allocated by GJEPC will also be utilized to support the Government in undertaking several initiatives to fight the current crisis in India. Mr. Pramod Agrawal, Chairman, GJEPC said,  “In our endeavour to combat the situation caused by Covid-19, GJEPC, from its own reserves, has decided to contribute  Rs. 50 crores  towards several welfare initiatives to be undertaken in the current scenario. The economic situation of our country and that of our industry has taken a sev

Re-invent WFH on weekends with the biggest Blockbusters only at Star Movies

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Work from Home it’s more like Watch from home this weekend on Star Movies 26 th  March 2020, Mumbai:  Your summer plans may have gotten postponed, but your fun doesn’t have to be! Wondering how to spend your time and entertain your children? Well, as many begin to  “Work from Home”  to maintain isolation,  Star Movies – Pop up Theatre  brings its unique twist to the adage with the  “ Watch from Home”  initiative. As we gear up to do our part in flattening the curve, we need not miss out on the joy of movies. Star Movies is  Curating a non-stop entertainment line-up to entertain you in the most Hollywood way possible. This weekend from 27 th  March – 29 th  March,  Social distancing can turn out to be a great way to spend some quality time with your family and friends  filled with romance, drama and laughter. Theatre comes home with  Star Movies -   “ Pop up Theatre ”   bringing blockbusters like -  Bohemian Rhapsody, Ralph breaks the Internet, Avengers: Infinity War, Incredib

ESAF Small Finance Bank gets SEBI nod to float IPO

Kerala based ESAF Small Finance Bank has received regulatory nod to float an initial public offering (IPO). SEBI issued the final observations to the lenders proposal on March 20, 2020, according to the information published on the capital markets regulators website. The company had filed its Draft Red Herring Prospectus (DRHP) on January 6, 2020 with markets regulator Securities and Exchange Board of India for an Rs 976 crore Initial Public Offering (IPO). According to the DRHP, the IPO comprises of a fresh issue worth Rs 800 crore and an Offer for Sale (OFS) aggregating up to Rs 176.2 crore. The bank, in consultation with its Book Running Lead Managers (BRLMs) may consider a pre-IPO placement of up to Rs 300 crore. If it is undertaken, the amount raised will be reduced from the fresh issue, the DRHP states. The BRLMs to the offer are Axis Capital Limited, Edelweiss Financial Services Limited, ICICI Securities Limited and IIFL Securities Limited. According to the DRHP, not

Eurolife in the times of corona: The CSR story

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Eurolife Supports Aurangabad Authorities with Rs. 1.15 crore worth of hand sanitizers for free distribution Mumbai, 24th March,2020 : Large conglomerates in the country and abroad are bolstering their fight against the biggest onslaught that any of us has ever faced in our lifetime, the scourge of the novel coronavirus (COVID-19). Some of them are ramping up production of face masks as health workers struggle to get the right equipment, providing free fuel to emergency vehicles carrying COVID-19 patients, distributing free meals in various cities and even building India’s first COVID-19 hospital in Maharashtra as part of their corporate social responsibility. Mumbai-based Eurolife Healthcare Pvt. Ltd — a specialty pharmaceutical company which manufactures and distributes an exclusive portfolio of healthcare formulations, intravenous infusions, ophthalmics, sterilized water for injections, nebules, tablets, capsules, ointment and creams — has responded to its calling to suppo