DAILY NEWS

AVIATION            Mumbai Airport and Vistara launched mobile phone boarding pass facility Initiative aims to deliver high on  eco-friendliness and passenger convenience Successfully implements mobile boarding  pilot project by Shrutee K / DNS Mumbai, July 31, 2015:  GVK MIAL (Mumbai International Airport Pvt. Ltd.) and Vistara today announced the launch of mobile phone boarding pass facility for Vistara’scustomers travelling out of Mumbai’s T2 terminal to New Delhi, Bangalore, Ahmedabad and Goa. The first of its kind initiative by Mumbai Airport, helps provide Vistara’scustomers a truly seamless travel experience. The mobile boarding pass facility is also a time-saverfor passengers and result in reduction in usage of paper boarding passes.   Overall, the mobile phone boarding pass facility will lead to another ‘Experience Simplicity’ feature while travelling through Mumbai Airport by Vistara. Vistara’s customers making use of this facili

BANKING / FINANCE by Shrutee K / DNS The Board of Directors of Union Bank of India approved  the  accounts of the Bank for the quarter ended June 30, 2015. Global Business up 8.6% (y-o-y) to Rs. 582817 crore as on June 30, 2015 Savings deposit grew at 10.6% (y-o-y) while share of high cost deposits declined to 5.4% (Jun 2015) from 13.5% (Jun 2014). Advances to productive sectors of economy, i.e. Retail, Agriculture, and MSMEs, which we together call as ‘RAM’ sectors, grew by 16.6% (y-o-y), now contributing nearly half of domestic loan book.  Non-interest Income for the quarter (Q1/FY16) up 13.3% (y-o-y) to Rs. 783 crore driven by 24.4% (y-o-y) growth in core fee income. Operating expenses sequentially reduced by 12% from Q4/FY15. Net Profit for Q1/FY16 stood at Rs. 519 crore, up by 17.2% over Q4/ FY15. Return on average assets for Q1/FY16 increased to 0.55%, up by 8 bps over 0.47% in Q4/FY15. Return on Equity for Q1/FY16 also increased to 11.02% from 9.70%

TOUR / TRAVELS Experience the thrill of the world’s ONLY full Formula 1 night race with  KUONI- SOTC  by Shrutee K/DNS Kuoni – SOTC presents the holiday of a lifetime – a visit to Singapore, the home of Formula 1 night racing to witness the ultimate street race under the stars. Aptly called “Thrilling Singapore”, Kuoni SOTC offers a 5 days customised holiday package for die-hard Formula 1 fans.  This thrilling package combines gripping race action with an all-day entertainment programme featuring international performers like Pharrell Williams, Maroon 5, Bon Jovi and many more. “Thrilling Singapore” is a customised holiday package, which includes 4 nights’ accommodation in Singapore, Daily Breakfast city tour, return airport transfers and most importantly F1 Ticket based on 3D Bay Grandstand Category.  Commenting on this unique offering, Mr. Vishal Suri, CEO, Tour Operating, Kuoni India said, “We are pleased to announce this exciting package - Thrilling Si

Central Bank of India signs MOU with National Skill Development Corporation Central Bank of India signed MOU with National Skill Development Corporation (NSDC) on 16.07.2015 at Delhi. The tie-up arrangement between Bank and NSDC will help in making arrangements for distribution of monetary rewards to the trainees under “PRADHAN MANTRI KAUSHAL VIKAS YOJANA”. Central Bank of India is the first Bank to sign MOU with NSDC under this scheme after launch of  PMKVY by Hon. Prime Minister. MOU was signed by Shri K. K. Taneja, Field General Manager, Central Bank of India and Shri Atul Bhatnagar, Chief Operating Officer, NSDC.

BANKING / FINANCE by Shrutee K / DNS Central Bank of India, one of the largest Nationalised Banks of the country paid dividend of Rs.67.54 crores to Government of India for the financial year 2014-15. In a function organized at New Delhi in the Office of Hon’ble Finance Minister Mr. Arun Jaitley, Mr. Rajeev Rishi, Chairman & Managing Director alongwith Mr. R K Goyal and Dr. R C Lodha, Executive Directors of the Bank handed over the image of the dividend cheque. On this occasion Mr K K Taneja, FGM, Delhi and Mr P C Joshi, DGM-PRO were also present. PHOTO DETAILS : Mr. Rajeev Rishi, Chairman & Managing Director alongwith Mr. R K Goyal and Dr. R C Lodha, Executive Directors, Mr K K Taneja FGM and Mr P C Joshi DGM-PRO handling over the image of Dividend Cheque to Hon’ Finance Minister Mr. Arun Jaitley for the financial year 2014-15.

iD Fresh Food unveils the Parota Snacking campaign #YummySnackyTime #HealthyFood  #JuniorParotaSnack Mumbai, 31 st July, 2015:  Adding another feather to its cap, iD Fresh Food Pvt Ltd., one of the fast growing players in the Indian ready-to-cook segment is introducing its new product the Junior Parota with the concept of ‘Parota Snacking’. This is being introduced on the 1 st of August, backed by a multi-platform marketing campaign with a 360 degree approach aiming to reach out to the discerning consumers. Parota Snacking with Junior Parota, will be a healthy and versatile snacking option that will be an answer to mothers looking for different snacking options for their kids to satisfy the 11 am or 4 pm hunger pangs. Junior Parota, made out of wheat, provides unlimited options and like all products from the iD basket, Junior Parota too is made with 100% natural ingredients, zero preservatives and zero added flavors.   The Junior Parota campaign by iD

LIFESTYLE / BRAND Jacqu eline Ferna ndez At  The Tumi Store by Shrutee K / DNS PERFECTING TUMI’S 40 YEAR JOURNEY Founded in 1975, TUMI is proud to celebrate 40 years of design excellence and outstanding product innovation. Blending flawless functionality with a spirit of ingenuity, they’re committed to empowering journeys as a lifelong partner to movers and makers in pursuit of their passions, like Jacqueline Fernandez.  Truly a global citizen, the young and dynamic Bollywood beauty is a fan of TUMI’s world-class business and travel essentials, designed to upgrade, uncomplicate and beautify all aspects of life on the move. Find your perfect travel companion at the TUMI store, located at luxury shopping destinations across the country.  Store details –  The Collection, UB City, Vittal Mallaya Road, Bangalore 560001. TEL: (91) 080 4173 8948/ 49  Palladium Annexe, High Street Phoenix, Lower Parel. Mumbai 400 013. TEL: (91) 022 6615 2295/96  DLF Empo

BANKING / FINANCE HDFC Bank launches Dhanchayat         by Shrutee K/DNS Mumbai, July 30, 2015: HDFC Bank Ltd.  launched ‘Dhanchayat’ an educational film to raise awareness on the dangers of borrowing money from unorganised sources. This film has been launched under the aegis of Swachch Banking , the Bank’s CSR initiative for rural India. As part of Swachch Banking , which aims to raise awareness about clean and convenient banking, HDFC Bank-branded Dhanchayat video vans will travel across East, West, South, North and Central India, covering thousands of villages across the country. Through the film, the bank will showcase to the rural population the importance of transparency in dealings as also the dignity and self-respect of the individual in the borrowing process. The vans will stop at assembly points such as haats , bazaars , melas and village panchayats. The Bank will cover 5000 villages in phase 1 and encourage the local populace to join the organiz

TECHNOLOGY ASUS Announces Strix R9 Fury in India Blazing-fast, armor-protected graphics card delivers up to 30% cooler and three times quieter gaming performance than reference card KEY POINTS ·          Cool, silent gameplay: DirectCU III with patented triple wing-blade fans for 30%-cooler, 3X-quieter operation, plus silent 0dB mode ·          Premium quality and reliability: Industry-first Auto-Extreme technology with Super Alloy Power II components ·          Tweakable and intuitive: GPU Tweak II with XSplitGamecaster for easy tweaking and streaming Mumbai 30th July, 2015 — ASUS announced Strix R9 Fury, a super-cool new graphics card with pumped gaming performance, perfected manufacturing, and strong fortification for extreme reliability and longevity. Powered by the latest Radeon ™ R9 Fury graphics-processing units (GPUs), Strix R9 Fury is packed with exclusive ASUS tec hnologies, including DirectCU III with a patented triple wing-blade 0dB fan design to d

BANKING / FINANCE Exim Bank co-promotes a Project Development Company in Africa by Shrutee K / DNS Deputy Managing Director of Exim  Bank of India, Mr. David Rasquinha, signed the constitutive documents on behalf of Exim Bank, for setting up the Kukuza Project Development Company (PDC) in Africa to facilitate Indian participation in infrastructure projects in Africa, on Friday, July 24, 2015 at Mauritius. The other shareholders in the company are the IL&FS (Infrastructure Leasing & Financial Services Ltd) Group, African Development Bank and the State Bank of India (SBI). Speaking on this occasion, Mr. David Rasquinha said that the investment in the Project Development Company, in association with IL&FS, AfDB and SBI will synergise the strengths of every partner, who will complement each other in building Indian project exports while simultaneously aiding the furtherance of economic and political ties between India and Africa. The investme

LIFESTYLE / PRODUCT LAUNCH “I switched to the new, best ever  Pantene for my best ever hair!” says New Pantene  Brand Ambassador Anushka Sharma The New Best Ever Pantene Is World’s First to Penetrate  beyond Hair’s Surface to Work Deep at Hair’s Core by Shrutee K/DNS Mumbai, July 29, 2015: Leading shampoo brand Pantene on Wednesday brought Bollywood actress and new Pantene brand ambassador Anushka Sharma on stage to launch their new best ever formulation which restores and maintains hair health from the core. This breakthrough – which is the world’s first to work at the core for stronger, shinier hair – will give women their best ever hair. Flaunting her best ever tresses the actor stated how she started endorsing the brand only after she herself saw how the new shampoo & conditioner strengthened her hair from within making her hair stronger inside and shinier outside! Talking about switching to Pantene, the actress

VelvetCase.com - 1000 years of Jewellery  in a Click by Shrutee K / DNS Mumbai, 28th July 2015 :  Bollywood actress Kriti Sanon launched over 30 leading global jewellery retailers and designers going online, for the first time ever, all at once, on VelvetCase.com. This is a first in the jewellery ecommerce industry worldwide, where such a large number of leading jewellery retailers and designers will go digital on a common platform,  creating the largest marketplace for fine jewellery today! The fashion- forward bollywood actress Kriti Sanon was the guest of honour at the event along with the co-founders of VelvetCase.com, Mr. Kapil Hetamsaria and Mr. Runit Shah, to unveil the many designers going live. VelvetCase.com, brings together the largest gathering of the who’s who of  jewellery retailers and designers together for the first time, to bring the consumer the widest & best variety in fine jewellery from around the world.  India’s premier jewellers s