Showing posts from October, 2020

Lubrizol and Grasim Industries Limited Partner for India’s Largest CPVC Resin Plant

  VILAYAT, GUJARAT, INDIA Oct 30, 2020 – To meet growing demand for chlorinated polyvinyl chloride (CPVC) pipe and fittings in India, Lubrizol Advanced Materials, a global specialty chemical leader and the market leader for CPVC, and Grasim Industries Limited, a flagship company of the Aditya Birla Group, have entered into a definitive agreement to manufacture and supply CPVC resin in India.  Once commissioned, this near 100,000 metric-ton state-of-the-art CPVC plant at Grasim’s site in Vilayat, Gujarat, will be the largest single-site capacity for CPVC resin production globally. The project will take part in two phases, with the first phase of production expected to be operational in late 2022. The CPVC resin produced at Vilayat will enable product sold under Lubrizol’s FlowGuard® Plus, Corzan® and BlazeMaster® brands. This collaboration, in support of the Government of India’s “Make in India” initiative, is expected to bolster economic development in the state of Gujarat. To further

Director Sneha Shetty Kohli's next music video 'Tanhaai' starring Tulsi Kumar is a soulful rock ballad

  Director Sneha Shetty Kohli's fresh new music video 'Tanhaai' features Tulsi Kumar and Zain Imam. A tale about rising up and out of loneliness that we often find ourselves in. The song is in power-packed vocals of the very versatile Tulsi Kumar and composed by talented music duo Sachet-Parampara. Sharing about the shoot of the song, Director Sneha Shetty Kohli, adds "We shot the entire song across Mumbai in just 3 days and shooting in between the pandemic with all necessary precautions and rains was challenging yet an amazing experience". Sharing about the theme of the song, she adds, "Break ups are a part of life and to accept it and come out stronger and not lose your identity in the whole process is what makes or breaks you". After the success of most popular music videos like 'Genda Phool' featuring Jacqueline Fernandez and Badshah, 'Dil ko Karaar Aaya' featuring Sidharth Shukla and Neha Sharma and the top hit 'Naagin'. Dire

UK Companies positive on Doing Business in India and committed to supporting Atmanirbhar Bharat Mission

  Findings from the UK India Business Council’s Doing Business in India Report 2020 show that UK businesses believe that India’s business environment is improving, and they see an opportunity for greater UK-India collaboration notwithstanding Brexit, COVID-19 and the global economic slowdown. India’s Atmanirbhar Bharat mission is seen by the UK firms as an opportunity to do more business in India,  leveraging UK’s innovation for manufacturing in India. Thursday 29 th  October:  UK Minister for Investment, Lord Gerry Grimstone, has released UK India Business Council’s ‘Doing Business in India Report 2020’ at a roundtable with Indian industry captains during his virtual visit to India.   The report is the UKIBC’s sixth of an annual series dating back to 2015. This year’s report is based on an in-depth survey of 106 UK organisations operating in India spanning manufacturing, services, and higher education sectors.   66 percent of the surveyed businesses said that they believe it is gettin

“WE CARE”- An Initiative of ICAI for Senior Chartered Accountants

  The Institute of Chartered Accountants of India (ICAI) since its very inception has always provided thought leadership to the generations in a proactive and progressive manner. ICAI has been playing a key role nationally, regionally and globally not only towards the growth of the profession, but also has been contributing to the business, industry and commerce across all sectors.   The reason behind the milestones achieved by ICAI is its hard-work, dedication and commitment of the CA fraternity & senior visionaries who have been guiding the accountancy profession with their selfless dedication, relentless commitment and rich values.   In these unprecedented times of COVID-19 outbreak, the ICAI has initiated number of steps to ensure that the accountancy profession in India is not only having inclusive growth but also to ensure that its members & students are kept updated on various professional matters of contemporary relevance. With our efforts, we are able to reach and conn

Pidilite acquires Consumer & Bazaar business of Araldite in Indian Sub-Continent

  National, October 29, 2020:  The Board of Pidilite Industries Limited at its meeting held on 28 th  October, 2020 approved a definitive agreement  with Huntsman Group (USA) for acquiring 100% stake in one of their subsidiaries in India namely, Huntsman Advanced Materials Solutions Private Limited (HAMSPL). This is for a cash consideration of approx. Rs 2100 crores, excluding customary working capital and other adjustments, subject to certain preconditions being met prior to the closing of the transaction. HAMSPL manufactures and sells Adhesives, Sealants and other products under well-known brands such as  Araldite ,  Araldite Karpenter  and  Araseal  in India. In the calendar year 2019, business revenue was approximately INR 400 Cr.  In addition to the Indian Sub-Continent business, the acquisition includes a Trademark licence for Middle East, Africa and ASEAN countries. Huntsman Group is a leading global producer of differentiated organic chemical products. Under the terms of the ag

Indian American Singer Simantinee Roy drops her new Bangla single ‘Brishti’ with her Lyricist Mom!

  As we embark on the Durga Puja festivities to celebrate the empowered woman, Simantinee Roy is all set to release her new Bangla single ‘Brishti’ , her first ever digital release with her lyricist Mom Dr. Arundhati Roy to celebrate the spirit of women.  After her latest Original “Manchala Mann” with Abhay Jodhpurkar, Simantinee Roy now is all set to release her new track ‘Brishti' on October 20th in a mother-daughter duo format. Lyrics of the song is written by Dr. Arundhati Roy who lives in Tripura, India while her daughter Simantinee Roy lent her vocals, now resides California, USA. Music is composed by Monoranjan Deb from Tripura and is arranged by Avik Ganguly from Kolkata. The song titled "Brishti" which means “Rain” expresses an emptiness and a longing desire to meet someone for whom she has been waiting for ages!  After relocating to USA and being a part of Corporate America for several years now, Simantinee continues pursuing her passion in music and entertainme

Schedule confirmed for blockbuster Australian-India men's series on Sony Pictures Sports Network from November 27, 2020

  ~ The first international cricket series for Virat Kohli’s Team India after a gap of almost 9 months comprises 3 ODI’s, 3 T2OI’s and 4 Tests and will be LIVE telecast on SONY TEN 1, SONY TEN 3 and SONY SIX channels with English, Hindi, Tamil and Telugu commentary. ~   Mumbai,  October 28,  2020:   Sony Pictures Sports Network (SPSN), the exclusive destination for the best international cricket, is all set to broadcast Team India’s first cricket series under the new normal as  India tour of Australia will commence  November 27, 2020  and will be aired LIVE on SONY TEN 1 channels in English, SONY TEN 3 channels in Hindi and SONY SIX channels in English, Tamil and Telugu commentary.  The highly anticipated tour will be the first international cricket series for Virat Kohli’s team India after a gap of almost 9 months and comprises 3 ODI’s, 3 T20I’s and 4 Tests. As per schedule released by Cricket Australia, Sydney and Canberra will host the opening ODI’s and T20I’s at the Sydney Cricket

कल्याण ज्वैलर्स ने जारी किया नया दिवाली कलैक्शन ‘अमेया’

  कोरोना के लड़ाई में जुटे योद्धाओं को सलाम करते हुए #TraditionOfTogetherness दिवाली विज्ञापन लॉन्च किया मुंबई, 28 अक्टूबर 2020 :-  कल्याण ज्वैलर्स ने नए डिजिटल वीडियो अभियान के शुभारंभ के माध्यम से पर्व और उत्सव के अवसर पर पहने जाने वाले आभूषणों के अपने नवीनतम कलैक्शन ‘अमेया‘ को लॉन्च किया। इस साल त्योहारी सीजन के लिए, कल्याण ज्वैलर्स ने ‘300 किलोग्राम गोल्ड गिव अवे‘ अभियान के माध्यम से रोमांचक फेस्टिव ऑफर्स की घोषणा की। कल्याण ज्वेलर्स पर खरीदारी करने वाले ग्राहकों को उनकी खरीद के मुकाबले रिडीमेबल वाउचर या सोने के सिक्के प्राप्त होंगे। इन वाउचर्स के जरिए कुल 300 किलो सोने के उपहार दिए जाएंगे। अमेया कि नाम से पता चलता है, यह असीम संभावनाओं के बारे में है और शायद इसीलिए इस कलैक्शन में रूबी, पन्ना और मोती के दिलकश आभूषण सोने, हीरे और अन्य कीमती पत्थरों के साथ आते हैं। इस कलैक्शन में कस्टमाइजेशन का विकल्प भी है और इस तरह यह आपके सामने विभिन्न विकल्प प्रस्तुत करता है। प्राचीन डिजाइनों के साथ पारंपरिक रूपांकन, कुंदन और पोल्की का काम, विरासत से प्रेरित मंदिर डिजाइन, कीमती पत्थरों और बिना तरा

Covestro with significant growth in volume and earnings in third quarter

Core volumes up by 3.0% Group sales total around EUR 2.8 billion (–12.7%) EBITDA of EUR 456 million (+7.3%) driven by cost-cutting measures Net income of EUR 179 million (+21.8%) Free operating cash flow rises to EUR 361 million (+48.6%) Guidance on full-year earnings raised Announced acquisition makes Covestro one of the leading suppliers of sustainable coating resins In the third quarter of 2020, Covestro increased core volumes by 3.0% year-on-year as the result of a significant improvement in demand. This development was largely driven by volume growth in the APAC region, particularly in China. At the same time, Group sales were down by 12.7% to around EUR 2.8 billion due to lower selling prices. As communicated on October 9,2020, as preliminary key financial figures, at the time of publication EBITDA outperformed capital market expectations for the third quarter of 2020. At EUR 456 million, this figure was up by 7.3% over the prior-year quarter. The increase is attributable mainly

संहिता-सीजीएफ, यूएसएड, एमएसडीएफ और ओमिड्यार नेटवर्क इंडिया ने भारत की प्रमुख कंपनियों के साथ मिलकर $6.85 मिलियन की फैसिलिटी 'रिवाइव' लॉन्‍च की; भारत में कोविड-19 से प्रभावित आजीविकाओं को दिया जायेगा प्रोत्‍साहन

  मुंबई , 27  अक्‍टूबर , 2020:  कोविड-19 संकट के चलते छूट गये जीविकोपार्जन के साधनों को पुनर्जीवित करने के प्रयास में ,  संहिता -कलेक्टिव गुड फाउंडेशन  ( सीजीएफ) ,  यू.एस. एजेंसी फॉर इंटरनेशनल डेवलपमेंट ( यूएस एड) ,  माइकेल एंड सुसैन डेल फाउंडेशन (एमएसडीएफ) और ओमिड्यार नेटवर्क इंडिया ने मिलकर 6.85 मिलियन डॉलर की मिश्रित वित्‍तपोषण सुविधा -  ' रिवाइव '  शुरू किया है। अरविंद लिमिटेड और गोदरेज कंज्‍यूमर प्रोडक्‍ट्स लिमिटेड जैसी कंपनियों और क्‍लैरिस संचालित बृहति फाउंडेशन जैसी संस्‍थाओं ने भी इस वित्‍तपोषण सुविधा को शुरू करने में सहयोग दिया है। इस सुविधा के जरिए पहले से रोजगारशुदा या स्‍वरोजगारी वर्कर्स एवं संकटग्रस्‍त नैनो और माइक्रो एंटरप्राइजेज को अनुदानों ,  लौटाउ अनुदानों *  व ऋण के रूप में सुगम और सामर्थ्‍यानुरूप पूंजी उपलब्‍ध कराई जायेगी जिससे कि वो अपना काम दोबारा शुरू कर सकें और उसे चलाते रह सकें या कारोबार के लिए वैकल्पिक अवसर तलाश सकें। यह सुविधा 60 , 000-100 , 000 वर्कर्स एवं उद्यमों तक पहुंचने का अनुमान है और इसमें युवाओं व महिलाओं को वरीयता दी जायेगी। रिवाइव ,  काम से