Showing posts from June, 2020

Garware Technical Fibres consolidated net profit rises by 12% in FY20

Mumbai, June 30, 2020:  Garware Technical Fibres Ltd. (Formerly Garware-Wall Ropes Ltd.), a leading manufacturer of technical textiles for the Indian and global markets, has announced its financial results for the quarter and twelve months ended 31 st  March 2020. Q4 FY20 Highlights: §    Consolidated Revenue reduced by 13% to INR 253 Cr in Q4 FY20 as compared to INR 290 Cr in Q4 FY19 §    Consolidated Net Profit has decreased by 2.5% to INR 36 Cr in the quarter as against INR 37 Cr in the corresponding period of FY19 §    Consolidated EPS for Q4 FY20 is at INR 16.32; this is a decline of 2.5% over Q4 FY19 §    Standalone Revenue reduced by 16% to INR 244 Cr in Q4 FY20 as against INR 290 Cr in Q4 FY19 §    Standalone Net Profit has increased by 100% to INR 73 Cr in the quarter as against INR 37 Cr in the corresponding period of FY19 §    Standalone EPS for Q4 FY20 is at INR 33.45; this is a rise of  100% over Q4 FY19 FY20 Highlights: §    Consolidated Revenu

Union Bank of India announces the rollout of 125 regional offices across the country

Mumbai, 30 June 2020:  Following the recent amalgamation of Andhra Bank & Corporation Bank into Union Bank of India on April 1, 2020, Union Bank of India’s footprint has grown to include a pan-Indian network of 9500+ branches and 13,500+ ATMs. Post amalgamation, Union Bank of India is now India fifth largest public-sector bank and fourth largest banking network, with a branch in every state of the country. With the significant expansion in scale from amalgamation, Union Bank of India has rolled out a new four-tiered organization structure. The amalgamated entity’s central office (CO) will continue to be based out of its historic headquarters in Nariman Point, Mumbai. Central Office will be further supported by 18 Zonal Offices and 125 Regional Offices. Following the successful launch of the 18 Zonal Offices last week, Union Bank of India now announces the rollout of all 125 regional offices.  Speaking at a virtual launch event earlier today,  MD & CEO of Union Bank of

"Volunteers don't get paid, not because they're worthless, but because they're priceless."

Third month of lockdown in India and we have seen so many stories of people suffering in pain and real heroes working for others. Dr. Nehaal Mayur, International Development Expert, has been working selflessly since the time of lockdown. He is a Social Worker by Profession working for United Nations Sustainable Development Goals since five years. In his professional career, he had an opportunity to be an observer at the United Nations General Assembly alongside Heads of State of 193 countries and in 2018 he served as an observer at the Sixth Committee of United Nations General Assembly. According to Nehaal life is not just in Conference room or comfort zone but a good diplomat is someone who works at the ground level to understand the challenges of the people in order to design the best public policy framework. As soon as India announced lockdown, Nehaal has been working from supporting public kitchen to distruting ration, fundraising to webinars. He is fully engaged in servi

Crompton unveils its new SilentPro range of fans with ActivBLDC Technology that are up to 2X silent and save up to 50% in electricity costs

The new range has been designed to provide superior air comfort while operating in super silence June 22, 2020, Mumbai: India’s market leader in the ceiling fan category, Crompton Greaves Consumer Electricals Ltd. has unveiled its new futuristic design of fans called the SilentPro   powered by the ActivBLDC Technology. The latest addition to their premium portfolio of fans, the new SilentPro fans with its aerodynamic design reduces air friction thereby providing superior air delivery. It is also 2X times more silent than regular fans and delivers up to 50% savings in electricity costs. This aerodynamic design, which assures high performance in silence, also comes with a smart remote operation. At an air delivery of 240 CMM (cubic meters per minute), the SilentPro fans delivers air comfort that rivals the best of the conventional fans available in the market. Powered by the ActivBLDC motor, the fan guarantees 50% power saving, thereby translating to 50% savings on your electric

'Mission Zero' Kick Started in South Mumbai

Mumbai, 25 June 20: In order to reduce the number of Covid patients to zero, this initiative has been started today by Hon'ble Mayor Mrs KishorijiPednekar. The 'Mission Zero' initiative has now been launched in South Mumbai in collaboration with the Greater Mumbai Municipal Corporation, Bhartiya Jain Sanghtana (BJS), DeshApnayenand CREDAI-MCHIto curb the growing corona outbreak. Considering the increase in patients in some parts of Mumbai, the Corporation decided to implement Rapid Action Plan in those parts. Taking cognizance of it, this initiative was recently launched to achieve the goal of "Mission Zero". Accordingly, a three-week Mission Zero campaign has been launched at Dahisar, Borivali, Kandivali, Malad, Andheri, Mulund and Bhandup. As part of this initiative, to begin with 7 mobile vans will be there at the doorsteps in South Mumbai. These vans will run mainly in Worli, Antop Hill, Dongri, Wadala, Charni Road, Girgaon, Fort, Colaba, Dadar. These

*Governor Koshyari donates 1 lakh for Postal Staff affected by Covid - 19*

*Amount includes prize money from letter writing competition and personal contribution* Maharashtra Governor Bhagat Singh Koshyari today made a personal donation of Rs.1 lakh to the Maharashtra Posts for the treatment of the postal staff affected by the Coronavirus Disease, Covid – 19.  A cheque of Rs. One Lakh addressed to the ‘Maharashtra Postal Circle Welfare Fund’ was handed over by the Governor to the Chief Post Master General of Maharashtra Harish Chandra Agarwal at Raj Bhavan, Mumbai on Tuesday (23 June).  Assistant Post Master Shrinivas Vyavahare was also present. The amount of Rs. 1 lakh includes the sum of Rs.25000 received by the Governor as Prize money from the department of posts and his personal contribution of Rs.75000.  The Governor had won the first prize in the letter writing competition for his essay in Hindi ‘Bapu, Aap Amar Hai’ The letter writing competition was organised by the Department of Posts on the occasion of the 150th Birth Annive

DePaul University invites Indian students to apply for its Global Gateway Program (GGP)

Mumbai, June 24th, 2020:   DePaul University--a well-respected and academically rigorous university with a focus on ‘inclusivity, personalism, and professionalism’ --will offer virtual learning courses for the Autumn Quarter 2020. These courses are specially designed for the Indian graduate and undergraduate students to avoid disruption of their learning amid the global pandemic. Working in partnership with leading global international education provider Study Group, the University offers virtual learning courses for the Autumn Quarter 2020 Last dates to apply for the Global Gateway Program (GGP) are  4 August 2020  for graduate students and  10 August 2020  for undergraduate students Ranked as the #125 top university in the USA, DePaul has 15 years of experience in delivering online education to students and is recognised at #42 in the nation for Most Innovative School (U.S. News & World Report, 2020). As a part of its offering, the DePaul University Global Gateway Pro

SATO introduces innovative handwashing solution, SATO Tap, for families in India and other developing nations to enhance hygiene practices

LIXIL committing $1m  for  accelerated rollout of the product to fight COVID-19 First batch of the taps to be manufactured in India and regionally distributed, in line with the ‘Atmanirbhar Bharat’ vision India, 24th June 2020  – SATO,  LIXIL Group Corporation’s social business that  aims to solve water, sanitation, and hygiene problems by providing affordable and easy-to-install sanitation systems to local communities around the world, has today introduced its new handwashing solution called the  ‘SATO Tap’ . According to UNICEF, 40% of the world’s population still do not have access to basic handwashing facilities at home . To address this immense challenge ,  LIXIL  has committed USD 1 million in line with its promise to support  the commitments of development partners and others, which could impact 5 million people with  improved handwashing. This resonates  with Prime Minister Narendra Modi’s   vision of an ‘Atmanirbhar Bharat’ (‘Self-reliant India’). “The COVID-

House of Cheer Announces Launch of to Measure Happiness

House of Cheer Pvt. Ltd., founded by former Viacom18 COO and prominent media personality Raj Nayak, announced the launch of their new division,, a proprietary tool that measures the happiness quotient of Corporates and its people. Commenting on, House of Cheer Managing Partner Namrata Tata said, “With over three decades of experience working in business and industry, we have learned that emotion drives us. Emotions motivate us, they inspire, and they energize us to be productive and to take control of our professional lives. We believe that happiness is the primary emotion that can maximize potential and that has not yet been truly leveraged in the Indian workspace. Using behavioural psychology, neuroscience, and data-analytics, with inputs from experts in the field, combined with our team’s extensive experience leading large-scale operations, we have developed a unique proprietary service to measure the happiness quotient within an organization

National Award winning actress Usha Jadhav was one of the distinguish speaker at the virtual inauguration of India Pavilion at Cannes Film Market 2020

The virtual inauguration of the Indian Pavilion at the Cannes Film Market took place on  Monday   and was inaugurated by Information & Broadcast Minister Mr. Prakash Javdekar. Actress Usha Jadhav was one of the distinguished speakers in the session amongst other dignitaries. Her film 'Mai Ghat' (Marathi) is officially selected by Indian Government for India Pavilion at CANNES 2020. The National award winning actress also received the prestigious Silver Peacock's Best Actress award at 50th edition of International Film Festival of India (IFFI). Usha is also lending her support to GEMReport and UNESCO’s education campaign. Usha on sharing her support for education, "Education is the most important for the development of a country. Education is a weapon to empower women and change their life completely. Education is a tool to develop the growth of every child & bright full mind to the world" Other members of Indian film fraternity including Pra

Prakash Javadekar inaugurates virtual India Pavilion at Cannes Film Market 2020

Minister urges international film fraternity to invest and shoot in India NEW DELHI, 22 June 2020 : Mr Prakash Javadekar, Minister for Information & Broadcasting, Govt of India  today while inaugurating the  virtual India Pavilion at Cannes Film Market 2020,  urged the international film fraternity to invest and shoot in India and sell in the international market. FICCI has been managing the Indian Pavilion on behalf of the Ministry since 2014 at Cannes. Mr Javadekar  said that   I&B Ministry will assist the industry in connecting with the right people. The Central and State governments and other related permissions will come in one go for the film industry, which will save time and cost. He added that the film facilitation office has facilitated 80 foreign film shooting and having identified the lacunas, the Ministry is working on correcting them. The Minister  said that the strength of Indian cinema lies in its rich content, which is appreciated globally. “I am

International Yoga Day held on 21st June, 2020

As you would be aware that after the call for adoption of June 21 st  as International Day of Yoga by Hon’ble Prime Minister of India Shri Narendra Modi ji, WIRC of ICAI has been actively participating in celebrating International Day of Yoga since it’s inception in 2015. Yoga  embodies unity of mind and body; thought and action; restraint and fulfilment; harmony between man and nature and a holistic approach to health and well-being. The ICAI also recognizes Yoga as a part of India’s glorious tradition and its greatest contribution to the world for promoting holistic lifestyle which is of great importance for all. This year too, WIRC  of ICAI organised International YOGA Day on June 21, 2020. The webinar session was graced by  Mr. Sangram Singh, World Champion Wrestler as Chief Guest and Mr. Karan Mehra, Actor as Guest of Honour.  There was an attendance of  more than 400 participants. CA. Lalit Bajaj Chairman WIRC and CA Umesh Sharma, Regional Council Member addressed the parti

Inauguration of DTRC 2020

Western India Regional Council of the Institute of Chartered Accountants of India (WIRC of ICAI)  organizes “Direct Tax Refresher Course” (DTRC) every year to delve upon the current and emerging issues in Direct Taxation. This year DTRC was inaugurated on Saturday, 20th June, 2020 at 02.00 p.m. on virtual mode.  CA. Atul Kumar Gupta,  President – ICAI,  CA. Nihar Jambusaria,  Vice President – ICAI,  CA. Lalit Bajaj, Chairman  – WIRC and CA. Jayesh Kala, Regional Council Member  addressed more than 2500 Chartered Accountants on virtual mode. Shri Satish Kumar Gupta, Member CBDT graced  the occasion as Chief Guest and Shri Pramod Kumar, Vice President ITAT graced the occasion as Guest of Honour. “Create Competence with Ethics. Achieve Governance through Innovation” – is the theme of WIRC. In this perspective, WIRC has always been in the forefront in organizing conferences, seminars, workshops and webinars which are important tools for the propagation of relevant information and

Anil Mahajan. (President of All India Web Media Association. ) says Many New Bollywood stars like Shushant Singh Rajput are still under mental stress ..

Anil mahajan writes to Mumbai police commissioner Shri parambir Singh and urged him to take strict action against culprits involved in shushant Singh Rajput suicide case.. What's going on in Bollywood. Many newcomers are trying their luck in Film City in Mumbai to build their careers. Mumbai Bollywood Industries is a big name in the whole world. That's how people from all over the world come here. Some production companies / producers / directors seem to be putting pressure on how to make the most of it. There is a lot of bullying going on here. But we will not tolerate it. Many large production companies / producers / directors put pressure on small production companies / producers / directors who do not allow them to work in the industry. We are campaigning to teach such people a lesson. We will help the people in Bollywood who are being treated unfairly. We will stand behind such artists. No one should be afraid of this. I am with you. No big artist shou

ITC Ltd.’s Fabelle Chocolates shares exquisite DIY recipes for Father’s Day

Celebrate  the weekend  pampering dad with the most delectable ‘Make at Home’ desserts recipes by ITC Ltd. Fabelle Chocolates’ Master Chocolatiers this Father’s Day. *Molten Lava Cake* *Ingredients and quantity* Fabelle St Domingue 70% Dark Specialty Application Chocolate (Can use any other good quality dark chocolate) - 120 gms Egg Yolks - 2 Egg Whites - 2 Vanilla Extract - 2/3 drops Sugar - 10 gms Salt - 1 gms Butter (for greasing) - 10 gms *Method* 1. Preheat oven to 170°C 2. Grease your ramekin or bowl that you use for baking with butter and sprinkle some sugar on it to coat the bowl 3. Melt the chocolate in a microwave with 20-second intervals 4. Add the egg yolks to the melted chocolate and mix well 5. Whip the egg whites until frothy, and slowly add the sugar. Whip it till soft peaks form 6. Fold the chocolate and egg whites mixture 7. Put the mixture into a greased bowl or ramekin and bake for 8 minutes *