Wednesday, February 25, 2015

Dr.Rajah Vijay kumar,Director & Chief Scientific Officer,Scalene Energy
Research Institute (SERI),Bengaluru Addressing Media.
WATER+SUNLIGHT+ VEGETABLE OIL = PETROLEUM GAS.

Water & Vegetable Oils can produce petroleum Product
says,Dr.Rajah Vijaykumar,Director & Chief
Scientific Officer of Scalene
Energy Research Institute  (SERI),in Bengaluru.He has registered an International Patent for the new device called
HYDRODECIDER (acronym for HYDRO DisambiguativE
CatalytIc Donor REcombination
Reactor)that processes non petroleum inputs (Drinking
water +Vegetable Oil+ SunLight
(for energy) to produce flammable petroleum products.

Thursday, February 19, 2015

Mr.Rajiv Pratap Rudy addressing Media.
Mr.Rajiv Pratap Rudy, Union Minister of State (Independent Charge) for Skill
Development & Entreneurship,Government of India said, that the aerospace industry requires One million skilled people in 10 years. It includes manufacturing,maintenance,Research & Development,Operations and MRO.
He said that the government is taking all steps for the youth  to upgrade the necessary skill required for the  aerospace industry.
Mr.Rajiv Pratap Rudy,Union Minister of State for Skill Development & Entrepreneurship
flies in Su 30 of Indian Air Force in Aero India 2015.Mr.Rudy along with Wg.Commander Karulkar of 6th Squadron did 4 loops like Loop Tumble & Barrel Loop for about 40 minutes cruising at 22,000 feet at a speed of 800 to 1000 kmph.
Mr.Rajiv Pratap Rudy in the
Cockpit of Sukhoi 30.
Mr.Rajiv Pratap Rudy,Union Minister of State
 for Skil Development & Entrepreneurship,Govt.Of India
along with Wg.Commander Karulkar..

Wednesday, February 11, 2015

AERO INDIA 2015 TO DOMINATE BANGALORE SKIES FROM 18TH FEBRUARY TO 22ND FEBRUARY,2015.

72 AIRCRAFTS,623 COMPANIES ARE EXPECTED TO TAKE PART IN THE AERO INDIA 2015.
Fighter aircrafts from US and France  and acrobatic teams from Europe   will 
keep  Bangalureans spell bound in the 10th edition of Aero India 2015.This event will
be inaugurated by the Prime Minister Mr.Narendra Modi.French Defence Minister is expected to attend the show and will also have discussions with Indian 
officials. Dare devil acrobatics would be on display by Flying Bulls of Czech Republic
and Scandinavian air show team and Indian Air Force's own Sarang team are also set to enthral the audience.

 AERO INDIA HAS ALREADY CARVED A NICHE FOR ITSELF GLOBALLY AS A PREMIER AEROSPACE EXHIBITION WITH NINE SUCCESSFUL EDITIONS SINCE 1996.

Aero India 2015, will provide oppurtunities to show case their defence equipments  as India is fast becoming  a hub for defence business in Asia.

Saturday, February 7, 2015

Mr.Pujari Nandkumar,Field General Manager & Dr.N.Muniraju,
Zonal Manager of Bank of Maharashtra  launching the Mobile banking App.
BANK OF MAHARASHTRA
LAUNCHES MOBILE BANKING APP-MAHAMOBILE.

This Mobile App will enable the
bank's customers to view all 
their deposit & Loan  accounts 
do fund transfers,bill payments
and also various other facilities
any time,any where.

Any customer of the bank 
with a debit card & registered
mobile number can register for this facility.The app is available
for download on all the 
major app stores.


Sunday, February 1, 2015

Mr.Kishore Sansi,MD & CEO (Centre),Mr.B.S.Rama Rao(Left)
& Mr.Ramadas Shenoy (Right),Executive Directors.
VIJAYA BANK -Q3 RESULTS ENDING DECEMBER,2014.

Total business of the bank registered a growth of 8.12% and is now at Rs.2,03,187 crores.

Deposits at Rs.1,24,051 crores & Advances at Rs.79,136 crores.
CASA Up by 15.54% to Rs.23,671 crores.
Net Interest Income up by 12.14%.
Operating profit up by 109%.
Net profit up by 228.36%.
Gross NPA is at 2.92%
Net NPA is at 1.89%.
Provision Coverage ratio is at 65.77%.
CRAR (Basel III is at 10.57%.  Number of branches : 1565, Number of ATM's: 1568.
Total Staff strength:13686. Cost of Funds:7.43%  & Yield on Advances :9.105.
The bank is operating on a thin margin of 1.67%.When this point was raised by
our Editor, the MD said,yes it is a "cause for worry" and we will be shedding
high cost of deposits and we will reach 2% by March ,2015.The bank should
increase CASA Deposits  from the present 19.08% , to reduce the cost of funds.