Showing posts from October, 2012


CORPORATE SANGAM (INDIA) Q1FY13 NET SALES UP  22% AT RS. 411.09 CRORE NET PROFIT UP 43% AT RS. 9.77 CRORE Sangam (India), one of the leading players in Polyester Viscose (PV)dyed  yarn segment in India, posted a 200 per cent rise in net profit at Rs18.09 crore for the second quarter ended September 30, 2012 (Q2FY13) as compared to Rs 6.03 crore in the corresponding quarter previous year Q2FY12. Net sales during this period grew by 2.2% to Rs 384.06 crore as compared to Rs 375.64 crore in the corresponding previous quarter. Slower growth in turnover is attributed to completion of road toll collection projects. Further, a decline in raw material prices has improved operating profit by 44.5% to Rs 60.83 crore as compared to Q2FY12.Lower interest charges have led to an improved the profit after tax. The company has posted an 11.5percent rise in net sales at Rs. 795.15 crore for the half year ended September30, 2012 (H1FY13) as compared to Rs. 713.20 crore in the co launched

ENTERTAINMENT Simi Garewal Successfully Activates  Rendezvous Point In  Cyberspace Mumbai Oct 31, 2012 Simi Garewal, the eternal diva of cinema, recently announced the launch of  her personalized voice enabled website (, which she describes to be –‘like her biography’. Having acted in more than 50 films, Simi writes about her journey in Cinema, her favourite films & directors. The site covers her comprehensive journey from Bollywood to Television -as actor, writer, producer, host & director. Additionally, on the digital front, she has also created her very own YouTube channel, ‘SimiGarewalOfficial’ in order to make content available to fans, with great ease and comfort. No sooner was the website live, then numerous fans reverted with splendid feedback as to how they were extremely excited to converse with her on a one-on-one level. Fans adored the website and were anxious to start interacting with the diva herself.  A leading director

Air Arabia

TRAVEL/AVIATION Air Arabia launches service to  Rostov, Russia Oct 31, 2012 Mumbai : Air Arabia, the first and largest low-cost carrier (LCC) in the Middle  East and North Africa, today announced the launch of services to Rostov, its fifth destination in Russia. Flights to the Russian city will commence on November 02, marking Air Arabia’s81stdestination worldwide. The carrier will offer two weekly services between Sharjah and Rostov on Tuesdays and Fridays. Flights depart from Sharjah International Airport at 22:40 and arrive Rostov Airport at 02:55 (next day). Return flights will depart from Rostov on Wednesdays and Saturdays at 03:55 and arrive in Sharjah at 07:55(local time). “The introduction of direct services to Rostov underscores Air Arabia’s commitment to make air travel more convenient for our passengers,” saidAdel Ali, Group Chief Executive Officer, Air Arabia. “We will continue to focus on our route expansion strategy in the Russian Federation and Eas

Titan Raga Collection of Watches

LIFESTYLE/PRODUCTS NARGIS FAKHRI LAUNCHES TITAN RAGA’S NEW COLLECTION OF WATCHES Oct 31, 2012 This festive season, the romantic cities of Paris and Venice are brought to life   with the exquisite ‘Cities’ collection from Titan Raga. A tribute to the modern woman, this special collection of watches reflects a unique facet of romance, in both concept and rendition. Renowned Bollywood actress Ms Nargis Fakhri along with Mr Ajoy Chawla, Vice President, Titan Watches unveiled the stunning Raga Cities Collection. Every watch in the Raga Cities Collection has been inspired by Paris and Venice, famous for its timeless art, breathtaking landscapes, iconic monuments and memory laden vacations.  The watches in this collection have Mother of pearl dial and genuine Swarovski crystals. Available in 10 unique styles with 33 options, each elegant timepiece is finely crafted with elaborate patterns to make every woman feel special. Priced from Rs. 2,995 onwards, the Raga Cities col

Bitdefender Labs

INFORMATION TECHNOLOGY Top Protection against Java Exploits with Bitdefender Reinforced Malware Detection Oct 31, 2012 Chennai : Bitdefender®, the award-winning provider of the most innovative and advanced antivirus solutions, has reinforced Java exploit detection and eliminates the threat of the headline-making dangerous applets. The Java exploit that made headlines this month infected users with malware when they clicked on websites packed with dangerous Java applets. Bitdefender Java.Exploit.CVE-2012-4681.F detection instantly blocks the applets, making the malware impossible to be installed on users’ devices. One of the most threatening features the Java vulnerability exploited was the ability to write files and execute them on users’ devices. Hackers were also able to add other permissions with the help of the exploit, changing the applet’s rights on the infected computers. “Through exhaustive updates, Bitdefender antivirus software keeps users in a protective co

GDP growth forecast lowered to 6%

INDUSTRY/ECONOMY PM’s economic advisor lowers GDP growth forecast to 6% Oct 25, 2012 Prime Minister’s key economic advisor C Rangarajan has lowered the growth  projection for the current fiscal to 6 per cent from 6.7 per cent estimated earlier. Talking to a news agency in New Delhi on Thursday, Prime Minister’s Economic Advisory Council (PMEAC) Chairman C Rangarajan said, the disturbing area is manufacturing, therefore one may have to revise estimates downwards. It is quite possible for the economy to pick up in second half and give a growth rate close to 6 per cent for the year as a whole. The PMEAC, in its ‘Economic Outlook for 2012-13′ report released in August had projected the Indian economy to grow at 6.7 per cent. The Indian economy grew at a faster pace of over 8 per cent in two consecutive fiscal before falling to a nine year low of 6.5 per cent in 2011-12. Rangarajan said the economic growth in the second (July-September) quarter would be around 5.5

SPORTS Rs. 15 Lakhs in Cash Prizes - Announces 4th Annual Diwali Rummy Tournament Card players across India have begun to gather at to join the Biggest Online Cards Party – the   4th Annual  Diwali Rummy Tournament  to be held on 18th November 2012. This is the largest ever online   rummy  tournament with Rs. 15 lakhs in cash prizes. The top winner will walk away with a whopping Rs. 5 lakhs. Entry to the final tournament is free and one can win a ticket to the finals by playing qualifiers, running 24x7 on from the 30th of October to the 17th of November. (formerly started the tradition of an annual Diwali Rummy Tournament in 2009, with Rs. 1,00,000 in cash prizes. “The prize pool in 2012 is 15 times larger, and over 15,000 players are expected to participate this time around,” says Srikanth Donthi, Product Manager at He continues, “Since 2009, we had organized this tourname

‘India Food Network’

ENTERTAINMENT / TELEVISION India’s First Full HD Television Channel ‘India Food Network’ Joins Hands with UTV Spotboy and AKFPL to Create ‘The Asli Chicken Khurana’ Recipe UTV Spotboy and AKFPL (Anurag Kashyap Films Pvt Ltd) , producers of   Luv Shuv Tey Chicken Khurana   have joined hands with India’s First Full HD Television Channel   India Food Network’s (IFN)   available on   YouTube   to create an exclusive rendering of the popular Chicken Khurana recipe by its select Chefs.   IFN’s chefs Joel D Souza, Kalyan Karmakar, Veena Gidwani and Archana Arte, took up the challenge by coming up with their best interpretations of the Chicken Khurana recipe.  While some chefs prepared an authentic Punjabi Dhaba dish, some added a twist to popular dishes like  Chicken Tikka and Tandoori Chicken . The chefs used magnanimous quantities of Punjabi ingredients and improvised to get the perfect flavours.  “The entire cooking session saw tremendous ingenuity on part of our c

Ang Lee film, “Life of Pi’

ENTERTAINMENT Ang Lee film, “Life of Pi’ cast Ayush Tandon Trained by Chitah Yajness Shetty Oct 31, 2012 Ayush Tandon, the Mumbai boy who plays child version of protagonist  ‘Pi’ Patel in director Ang Lee’s new Hollywood movie ‘Life of Pi,’ was trained by the bollywood martial arts trainer Chitah Yajness Shetty. Yajness Shetty trained Ayush for one and a half years. Yajness Shetty, well known martial arts expert of Indian Film Industry. He has trained Amitabh Bachchan, Ajay Devgan, Akshay Kumar, Salman Khan, Hrithik Roshan,  Priyanka Chopra, Isha Koppikar, Karishma kapoor, Farhan Akhtar, Harman Baweja and is ambassador of Bangkok based Bruce Lee’s Jeet Kune India & Chitah Jeet Kune Do Global sports federation. “He has worked very hard. He is never late and put their hearts into the training. Martial art depends on one’s dedication and practice.” says Yajness Shetty about Ay ush.

Royal Caribbean International

TRAVEL/TOURISM Royal Caribbean International Announces Bonus Commission for Indian Travel Partners New Delhi : Legend of the Seas returns to Singapore today to embark on her  Singapore season with a variety of Southeast Asia itineraries including new ports-of-call Kota Kinabalu and Bandar Seri Begawan (Brunei), as well as a major revitalization in the pipeline next January. On this occasion, Royal Caribbean International is offering its Indian travel partners a 5% Bonus Commission for new bookings created effective 29th October 2012 on any sailing of the Legend of the Seas from Singapore between 31st October 2012 to 01st April 2013. This bonus commission is in addition to the standard 10%TAC. Thus, new bookings on the Legend of the Seas earns the travel partners a gross 15% Commission. Legend of the Seas will be featuring distinct itineraries ranging from two to seven nights to destinations such as Malacca, Penang, Kuala Lumpur, Langkawi and Phuket for her Singapo

Sir V. S. Naipaul gets Landmark Literature Live

ENTERTAINMENT  Sir V. S. Naipaul gets Landmark Literature Live! Lifetime Achievement Award ! The atmosphere was thick with excitement as a scintillating mix of Indian and international authors and thousands of lovers of literature gathered together to kick off the third edition of  Tata Literature Live! The Mumbai LitFest. The highlight of the first day was the honouring of Nobel Laureate  Sir Vidiadhar Surajprasad Naipaul  with the  Landmark Literature Live! Lifetime Achievement Award  by  Festival Director  and fellow litterateur Anil Dharker   at Tata Theatre, NCPA .  A special audiovisual presentation chronicling the life and significance of Sir Vidia’s role in the world of literature was screened, following which he was presented with the  Landmark Literature Live! Lifetime Achievement Award  as well as  a silver plaque along with a shawl and a cash prize of 5 lakhs . “Sir Vidia i s among the most important literary figures of the century and his contributions ha

Vindu Dara Singh

ENTERTAINMENT Close-Up of Film & T.V.Actor  Vindu Dara Singh Oct 31, 2012 Vindu Dara Singh has worked in many serials like ‘Jai Maa Vaishano Devi, Betal Pachisi, Jai Ganesha’, ‘Chandramukhi’ and films like Mujhse Shaadi  Karogi, Kambakkht Ishq,Housefull-2 & Joker but Big Boss made him a household name. My Birth date  6th of May My full name  Virender Singh Randhawa (Vindu Dara Singh) My favourite film  Son of Sardar My favourite actor  Amitabh Bachchan My favourite actress  Hema Malini My favourite T.V. serial  Bigg Boss My favourite film director  Steven Spielberg My favourite holiday spot  Mahableshwar My favourite food  Saag My favouriteperfume  Bvlgari My favourite book  The sectet Q. & A. Lifestyle How do you unwind on a Saturday night or weekend? Go for dinner with the family or catch a film. What Kind of Music do you party to? All kinds bollywood is king though… What’s your favourite party destination in Mumbai? E

Worldscapes Fine Photography

ART/CULTURE Worldscapes Fine Photography of Canvas Exhibition by Ramnik & Jyoti Parekh at Jehangir Art Gallery, MUMBAI, from 2nd to 7th November Oct 31, 2012 Worldscapes Fine Photography of Canvas by  Ramnik &  Jyoti ParekhPhotography Exhibition at Jehangir Art Gallery,  Kalaghoda, Mumbai from 2nd to 7th November   ,  Timing –  5.30 p.m. to 8 p.m. About Ramnik Parekh practiced family medicine for 20 years followed by Occupational Medicine as the chief medical advisor for 7 Unilever companies in India. He pioneered Healthcare services management concept by founding a joint venture company with British indurance giant Sedgwick plc in 1986, which then was acquired by United Healthcare of USA. After his retirement he trained in graphic design in 2003, in digital film making at New York Film Academy in 2007 and self-trained in digital photography over a long period of time during his frequent extensive globaltravels. He displayed for the first time his wo


INFORMATION TECHNOLOGY Defenx Launches India’s First Virtual Licenses Platform for Retailers, with 10% More Margins Oct 31, 2012 Bangalore : Defenx, Swiss IT security provider for home and enterprises, has   launched India’s first virtual licenses platform for retailers that gives an extra 10% profit for retailers. With this new profitable business model the retailers can reduce the logistics, delivery, financial and packaging costs to gain extra profit of up to 10%. Defenx is aggressively pushing this model in the market to go green and allow the partners to enjoy more profit. The purchased virtual license of Defenx is very light, easy to download and installs quickly. Defenx provides its solutions through boxes, scratch cards and virtual licenses. But, Defenx strongly recommends all partners and retailers to go the virtual way and opt for virtual licenses. Defenx would like to cater the market with only virtual licenses in the near future. With this, Defenx targets

Barista Lavazza

HOSPITALITY/CAFE Barista Lavazza Does A  ‘Fashion Forward’ Oct 31, 2012 New Delhi:  Barista Lavazza, the pioneer of café culture in India is all set to launch a new precedence in the café and fashion industry. The coffee chain,  known for its innovative marketing and thematic campaigns through the year, has this year tied up with globally renowned Fashion designer Rina Dhaka to infuse a nuova vita into its menu, F&B offerings and all other aspects of its cafes. This association, between a café chain and a veteran fashion designer, is the first of its kind in the history of café culture in India. The style wizardess, Rina Dhaka has drawn inspiration from one of the most prominent fashion capitals of the world, Milan, to create ‘Milano Collezioni’ – a tour de force, thematic collection of F&B items. Redesigning uniform of the Barista’s and store accessories; she has whipped up a nuova image of the Barista cafés all over the country. The designer has also give

Gulzar gets Indira Gandhi National Integration Award-

RECOGNITION Gulzar gets Indira Gandhi National Integration Award-2011 Oct 31, 2012 The Indira Gandhi award for National Integration for 2011 has been given to  noted film lyricist and poet Gulzar in recognition of his contribution to national integration. The award carrying five lakh rupees and citation, was presented by UPA Chairperson Sonia Gandhi at a function in New Delhi this evening. Speaking on the occasion, Mrs Gandhi said that Gulzar, through his writings, has always promoted communal harmony and secularism. She said that characters portrayed by Gulzar depicted fight against communalism. Lauding the efforts by the 75-year old veteran film writer in promoting national integration, Prime Minister Dr Manmohan Singh said that Gulzar’s writings have been giving message of social importance which is essential for national integration. Referring to the incidents of violence in parts of the country, Dr Singh said that religion, regionalism and communalism should n


CORPORATE/FINANCE Citi Expands Express Wire Asia Program with India Desk Oct 31, 2012 Citi has expanded its Express Wire for Asia capabilities, with a dedicated India Desk. Citi, one of the premier providers of cross-border payments, announced today that it is further extending its US Dollar Express Wire for Asia services by launching Express Wire India Desk. Citi’s Express Wire for Asia Service helps streamline the execution of US Dollar payments by sending transactions to the beneficiary bank in Asia expediently. If a payment order requires repair, Citi’s experienced operations professionals are available to correct formatting errors on a timely basis. Express Wire also provides additional liquidity to banks that need to process their payments within Asia morning business hours, as well as direct linkages into local US Dollar Clearing systems. Citi launched a dedicated China Desk to expedite Asian payments in 2010. Given expanding trade relationships between India