Sunday, July 30, 2017

R.V.COLLEGE OF ENGINEERING,BENGALURU HELD ITS' 7th GRADUATION DAY.

Dr,Yaj Medury,Vice Chancellor,Bennett University,Greater Noida
delivered the Key Note Address. Dr.M.K.Panduranga Setty,Chairman,
Governing Body,R.V.College of Engineering presided over the function.

12 Gold Medals, 2 medals for Overall Best performance  were given.
1077 students were honoured with provisional degree certificates.

Dr.Yaj Medury, while delivering the key note address, advised the students
to make use of the knowledge & skills acquired in the institution to best use
for the betterment of the country and welfare of the society for reducing the
disparities and to empower those who are disadvantaged.


Friday, July 28, 2017

SECURITY AND INTELLIGENCE SERVICES (INDIA) LIMITED.

Initial Public Offering : Price Band: Rs.805/- to Rs.815/- per equity 
share of face value of Rs.10/- per share.

Issue Opens on : July,31,2017.         Closes On : August,2,2017.

The Equity shares will  proposed to  be listed on BSE & NSE.

Propose to raise about Rs.778 crores through this offer.

About the Company.:The Company is in operations for the last 30 years.
They have three divisions,Viz: Security Services,Cash logistics & Facility Management.
The Company has 300 customers ,11,869 customer premises,18 Training
centres,operating in 15 states with 251 branches across 124 cities including in
Australia.

Tuesday, July 25, 2017


SCOOT & TIGER AIR MERGED TODAY UNDER ONE BRAND
'SCOOT' BRAND.

Both the merged airlines were fully owned by Singapore Airlines.The
airline will operate under one  code  i.e TR.
The airline has a network of 65 destinations across 18 countries.The airline 
operates 50 weekly flights between India & Singapore.It is a point To point carrier .
The airline adopted a new tagline "Escape the ordinary".

To celebrate the merger to the single 'Scoot' brand,the airline offers One-way
promotional fares from Bengaluru to Singapore to as low as INR 4,999, To 
Bali INR 9,799,  INR 10,499 to  Hong Kong, INR 12,499 to Melbourne/Sydney
among others. Additional 10% discounts  are also available through promotional
codes for a booking period from 25th July to 06 August,2017.

"When flying with a young & passionate airline like Scoot,our guests can expect
a  safe,reliable & contemporary travel experience with a unique attitude-Scootitude"
says, Mr.Bharath Mahadevan,Country Head,India,Scoot.The airline has a fleet of
14 state of the art Wide body Boeing 787 Dreamliners and 23 Young & modern 
Airbus 320.The airline has placed orders for further 6 more Boeing 787 Dreamliners
and 39 Airbus 320's .

Addressing the media,Mr.R.V.Deshpande,Minister for Heavy & Medium Industry
& Infrastructure,Government of Karnataka  stressed the need for promoting Tourism
in the state and suggested the airline to operate from Tier 2 cities like Mangalore,Hubli
& Belgaum also.

Monday, July 24, 2017

BENGALURUITE.BIZ & BENGALURU INDIA BIO 2017 TO BE HELD ON
NOVEMBER 16 th TO NOVEMBER,18th,2017 AT THE BENGALURU 
PALACE,BENGALURU.

Theme :  IDEATE,   INNOVATE  & INVENT.This year also marks 20 years of
India's Premier event dedicated to Information Technology & Bio Technology.

Sunday, July 23, 2017

VIJAYA BANK - Q 1 RESULTS-2017-18.


Financial Highlights.

# Net Profit at Rs.254.69 crores -All Time High Quarterly Profit.
# Operating profit zoomed to Rs.752.55 crores
# Other Income increased by 114.49%.
#Net NPA down to 5.24% but higher than 31.03.2017  level when it was 4.36%.
#Provision Coverage ratio improved to 56.01%against 48.55% in June 2016.
# Branch network increased to 2030 .
The bank got the award of " BEST PUBLIC SECTOR BANK" for last year.
The bank declared dividend of 15% lat year (2016 -17).

Friday, July 14, 2017

42 nd REGIONAL CONFERENCE OF COMPANY SECRETARIES
HELD IN BENGALURU.
Theme: DRIVE THE CHANGE ; EMBRACE THE OPPURTUNITIES.

The Southern India Regional Council of the Institute of Company Secretaries of
India organised its 42nd Regional Conference of Company Secretaries in
Bengaluru from 14th July To 15th July,2017.The conference aimed to address 
the issues & offer solutions to ease the implementation of GST and also to throw
light on the advocacy skills & Courtroom Etiquette.

The conference was inaugurated by Mr.T.N.Manoharan,Chairman,Canara Bank
and Mr.Rostow Ravanan,CEO & Managing Director,Mindtree Ltd., delivered
the Keynote address.Mr.D.P.Nagendra Kumar,IRS,Principal Addl.Director General
of Central Excise & Mr.Rithvik Pandey,IAS,Commissioner of Commercial Taxes,
Karnataka also addressed the gathering of Professionals.

Both Mr.T.N.Manoharan & Mr. Rostow Ravanan addressed the professionals with
Wit & Humour about the challenges faced by the professionals & also explained in
detail about the changes needed & opportunities that lie ahead.




Sunday, July 9, 2017

CII LAUNCHES 13th INDIA INNOVATION SUMMIT IN BENGALURU.


Confederation of Indian Industry (CII) announced its 13th India Innovation 
Summit with the theme,"The New Wealth of Nations -Innovation &
Intellectual capital" on 13th & 14th July,2017  in Bengaluru.In the current 
times geopolitical rebalancing,innovation led business became the prime driver
of differentiation between the developed & developing nations.The asset driven
& regulation based industries of the past era are giving into the innovation centric
& open market,digital businesses.

Addressing the media,Mr.Kris Gopalakrishnan,Chairman,India Innovation Summit
said," in the new world order,innovation shall be the most important factor
defining the growth of development.India,as a society should embrace the change
that innovation,across all  the spheres brings in.It's time we relooked at the conventional
definition of wealth. Innovation &intellectual property,he firmly believes,shall 
be the new wealth of the nations".



Saturday, July 8, 2017

GEBERIT ANNOUNCES ONE MILLION CONCEALED CISTERNS
INSTALLED IN INDIA.

The Geberit group is the European market leader in sanitary technology
with global presence.From the time of its establishment in 1874,the Company
has always been a pioneer in the sector,consistently setting new trends with its
comprehensive system solutions.Geberit group is headquartered in Switzerland 
at Rapperswil-Jona & is listed on the Swiss stock exchange.Geberit touched 
2.8 billion CHF in net sales in 2016.The Company employs more than 12,000
people worldwide & has its own representatives in 50 countries.

Geberit India (as a fully owned subsidiary) started in 2010 with its headquarters
in Bengaluru and has production facility for concealed cistern in Pune.
Talking to media,Mr.Abubaker Koya,Managing Director,India said,"Concealed
cistern were a new concept to India when we entered the market.We have come a
long way since & we are today proudly celebrating the one million installations
of the same system across industries,IT parks,malls to manufacturing plants". 

Monday, July 3, 2017

SYNDICATE BANK GETS A NEW MANAGING DIRECTOR & CEO.

Mr.Melwyn Rego joined Syndicate Bank as the New Managing Director & CEO
on 1st July,2017.