Thursday, April 28, 2016


Price band of Rs.207-210. Face Value  : Rs.10/-.   
Mr.Samit Ghosh,M.D& CEO(second from right) addressing media.

Issue opens on 28th April,2016,  Issue Closes on : 2nd May,2016.

The IPO consists of a fresh issue of Equity shares aggregating upto
Rs.3581.61 million and an Offer for Sale  upto 24,968,332 Equity
shares by Elevar,FMO,IFC,IFIF,MUC,Sarva Capital,WCP & WWB.
The Company in consultation with the BLRMs,has completed a 
Pre-IPO placement of 14,236,057 equity shares for cash aggregating
to Rs.2918.39 million.The size of the Fresh Issue as disclosed in the
Red Herring prospectus Dtd.31.12.2015 being Rs.6500 million,has
been reduced accordingly.

About the Company:Ujjivan Financial Services Ltd.,(UFS):The Company 
has 11% market share in the Micro Finance segment & now becoming 
a Small Finance Bank.UFS has served over 2.77 million customers 
spread across 24 states & Union territories through a network of 270
branches and 7862 employees.

Bids can be made for a minimum of 70 equity shares & in multiples
of 70 equity shares thereafter.

Monday, April 25, 2016


                                JUSTICE DELAYED IS JUSTICE DENIED.

Justice Delayed is Justice Denied is a legal maxim, which was said by William
Gladstone who was a British Statesman and the Prime Minister (1868-1894).Martin  
Luther King Jr,said,"Justice too long delayed is Justice Denied".

It is reported that 3.38 crores cases  are pending in High Courts & Supreme Court. The
only remedy is to increase the number of Judges in High Courts  and Supreme Court. 
So many governments came in 68 years of our Independence,no government has 
given any serious thought to this very important  issue. In nutshell all governments 
so far has denied Justice to the common man till now. The Honourable Chief Justice 
of India has rightly raised the issue of appointing more judges in High Courts & 
Supreme Court to give timely justice to poor and the undertrials.

Sunday, April 24, 2016


Inaugurates the 735th dealership in the country in
Bengaluru  at Kammanahalli circle,Kalyan nagar,
Outer ring road,Bangalore -13 for used cars.

This is the 24th authorised dealership in Karnataka.

Saturday, April 23, 2016


                                    INDIA TAKES ON CHINA BOLDLY.

If we don't take care of our national interest,nobody will.This government
unlike the previous government headed by Manmohan Singh,has sent a
strong message to China by playing the Ughur Card.This is a bold decision 
by Modi government to tell the Chinese that we can also take tough decisions 
as and when necessary. China's attitude of acting as "Big Brother" &
siding with Pakistan  to embarass & provoke India will not be tolerated by
India,a country of billion people. The government should take strong
actions on the trade front also.Already,the Confederation of All India
Traders (CAIT) has threatened to boycott the Chinese goods.The body
said it has taken a strong exception to the behaviour of China,which
supports Pakistan openly.Similarly,others should follow too,so that
China should realise that it is better to be friendly with India than
to embarrass India.

Thursday, April 14, 2016


Mr.Shyson Thomas,M.D.Air Pegasus,Addressing media.
Air Pegasus to invest Rs.100 crores,add new flights & connect new
destinations.Achieves 82% Load factor.

Addressing media,Mr.Shyson Thomas,Managing Director,Air Pegasus
said,"At present the airline
has three ATR's and will be adding more aircrafts during this financial
year.The airline will be connecting new destinations like Goa,Kochi,& 
Vijayawada and will be scaling up its services to connect Tuticorin,
Belgaum,Rajahmundry.".He also announced that the airline will be
operating to Pondicherry from 25th April,this year.At present the airline
is operating to 16 destinations and will be flying to 25 destinations in
south in few months.

So far ,the airline operated 4056 flying Hours,ferried 2,80,000 passengers
and operated 5000 flights. The airline has tied up with OYO rooms,in case
the passengers especially from  the start up companies wish to avail the

Wednesday, April 13, 2016

Mr.Rafael Treguer,Vice President-Sales & Marketing
Renault India launching the New Duster.

The new Duster range which was recently unveiled at the EXPO 2016
includes India's first  6 speed Easy-R AMT and also boasts of more than
32 new changes along with superior engineering,styling,safety and
comfort features.The New Duster comes with 56 accessories.

Speaking about the new Duster,Mr.Rafael  Treguer,Vice President-Sales
& Marketing,Renault India,said," Duster is a perfect example of Renault's
core speciality of concept innovation." The new Duster is available in 7
Price: The introductory petrol base variant RXE is priced at Rs.8,63,999/-
(ex-Bengaluru) RXL is priced at Rs.9,43,999/-

About Renault as a Company:
The company has 5  manufacturing facilities globally.
The Company has presence in 100 countries.