DAILY NEWS

  SPORTS                                                                                                                      Superstar Akshay Kumar flags off     Ambuja Jaipur Marathon   Biggest ever marathon in India   Bollywood superstar Akshay Kumar today morning flagged off largest ever marathon turnout in India at the ‘Ambuja Jaipur Marathon’ whic...

ENTERTAINMENT SING ALONG TO THE GLOBAL SOUNDS OF PEACE LIVE IN CONCERT PRESENTED BY AADESH SHRIVASTAVA; FEATURING OVER 15 ARTISTS INCLUDING DR. AMITABH BACHCHAN “I have a dream: of a world, not divided by hate, nor torn by war; Of People living as one, of a humanity drenched with love, empathy; with Peace “Aadesh Shrivasta   Mumbai, January 30, 2013: In a world rift with conflict violence and difference of opinions music is the universal language that bypasses boundaries, differences and cuts through prejudices to carry through the message of Peace across the globe. With this singular purpose in mind Aadesh Shrivastava today presented his latest Album ‘Global Sounds of Peace’ LIVE In Concert at the Shahji Raje Bhosle Krida Sankul on Martyrs Day, Wednesday 30 January 2013. The concert was produced by Raaga Entertainment and Pratap Singh.   Present at the concert was Abhishek Bachchan, Subroto Roy, Ashutosh Gowarikar, Govinda, ...

CORPORATE Scania launches new bus and coach range for India at Busworld Mumbai, January 31, 2013: Scania takes the next step in India with the introduction of Scania buses and coaches, with full parts and service support via the worldwide Scania service network. The Scania Metrolink is a purpose-designed coach for luxury intercity or charter travel in head-turning style. The Scania Metrolink introduces a new level of performance, driveability and handling in the Indian market, all based on renowned Scania virtues such as robust design, maximum passenger safety, leading fuel economy and a long and trouble-free service life.   Says Mr. Anders Grundströmer, Managing Director Scania Commercial Vehicle India and Senior Vice President Scania Group. "It is with great pride that Scania makes India the first market worldwide to enjoy the benefits of the Scania Metrolink , a new range of intercity coaches, with a distinct Scania character, bristling wit...

CORPORATE OVER 50000 USD WORTH DEALS IN THE FIRST FEW HRS @ BUYER SELLER MEET: INDIA PACK 2013 UNDER MINISTRY OF COMMERCE'S MARKET ACCESS INITIATIVE SCHEME   After a glorious inauguration by Dr.(Mrs), Purandeswari, Honourable Minister of state for Commerce, the buyer seller meet at IndiaPack 2013 got off to a very promising start.   Business worth over 50000USD was confirmed within a few hours on the first day itself. The seven countries who participated in the Buyer Seller meet were Bangladesh, Kenya, Nigeria, Indonesia, Sri Lanka, Tanzania and Taiwan.   Welcoming the participating countries, Mr. S K Ray, Chairman IIP said, “ the world today is very different from the world in which I grew up. There is no face to face connect with the buyers and sellers because of digital media. We think that this  maiden initiative of Buyer Seller meet will be beneficial for the industry. Thank you for joining us here and have a productive b...

FASHION L’Oreal Professionnel launches Retro Nouveau Color Collection 2013                              L’Oreal Professionnel - the Parisian house of Hairdressing believes in bringing the latest in hair fashion trends from the international fashion runways to India . In line with this fashion philosophy, it has launched the Retro Nouveau Color collection 2013 - A new fashion forward twist to retro hair designs.  The 50-60’s era saw some of the most stylish Fashion icons in the world and these iconic women continue to inspire the world of fashion as symbols of glamour, elegance, and style even today.  It is in these golden age icons namely Elizabeth Taylor, Twiggy Lawson and Brigitte Bardot - that L’Oreal Professionnel has found its inspiration for its Color collection. Retro trends are currently in vogue on ...

INFORMATION TECHNOLOGY Corsair Launches World’s Fastest Native USB 3.0 Flash Drives Jan 31, 2013 Corsair, a worldwide designer and supplier of high-performance components to the PC hardware market, today announced the Flash Voyager® GT Turbo flash drives, the world’s fastest native USB 3.0 flash drives. Available in 128GB, 64GB, and 32GB capacities, the new flash drives deliver affordable, leading-edge file transfer speeds previously only available in far more expensive “USB 3.0 to SATA bridge” based drives. The Flash Voyager GT Turbo USB 3.0 flash drives are housed in a sleek, sturdy, brushed metal housing with a convenient capless design. The new flash drives deliver transfer speeds never-before-seen in a native USB 3.0 flash drive, with read speeds of up to 260 MB/s and write speeds of up to 235 MB/s, 1.7times faster than other native USB 3.0 flash drives. The drives connect with USB 3.0 and USB 2.0 ports, and work with Microsoft® Windows®, Mac OS® X, and ...

BANKING Mrs. V. R. Iyer  CMD, Bank of India - its a positive move to address Growth and Structural Liquidity concerns Jan 29, 2013                 The Reserve Bank of India has slashed the Benchmark Policy Rate- Repo by 25 bps to 7.75% (with immediate effect). Similar action was seen on the Cash Reserve Ratio (CRR) front too, which was lowered to 4% with effect from 9th February 2013. The move signals RBI’s intent of supplementing the recent GoI’s initiatives to bring the economy on a growth track. The action on CRR front is expected to infuse around Rs. 18,000 crore of primary liquidity into the system. The biggest comfort has come in the form of the guidance given by the RBI on the growth and inflation front. It has acknowledged the softening of non-food prices and hence, it sees some window available to address the growth concerns in future too. At the same time, the guidance comes con...

ECONOMY RBI cuts policy rates by 0.25 pc Jan 29, 2013                 Home and Auto loans would  become cheaper as Reserve Bank cuts Repo and CRR by 25 basis points in its quarterly monetary policy review and Projects GDP growth to 5.5 from the earlier estimate of 5.8 per cent. Shedding its 9-month long hawkish monetary policy stance, the Reserve Bank today slashed its key interest rates by 0.25 per cent and released Rs 18,000 crore additional liquidity into the system to perk up growth through reduced cost of borrowing. RBI Governor D Subbarao in the third quarter monetary policy review surprised the market by cutting short-term lending rate called repo by 0.25 per cent to 7.75 per cent and Cash Reserve Ratio (CRR) by similar margin to 4 per cent, releasing Rs 18,000 crore primary liquidity into the system. While repo rate cut will reduce the cost of borrowing for individuals and corporat...

CORPORATE Dr.(Mrs.) D. Purandeswari, Hon. Union Minister of State for Commerce and Industry, Govt. of India, inaugurates INDIAPACK-2013 The Indian Institute of Packaging's  bi-annual initiative, INDIAPACK 2013 is now in its 5th edition and being organized at Bombay Exhibition Centre, Goregaon East, Mumbai  during 28 th to 31 st January, 2013 with the theme, Packaging for Economic Growth⮠   Dr. (Mrs.) D. Purandeswari, Union Minister of State for Commerce and Industry, Govt. of India inaugurated the same.   The exhibition has about 11 overseas exhibitors from USA, , Poland  China, Germany, The Netherland, Denmark, Australia, Japan and Taiwan etc; about 120 exhibitors, and three pavilions from state governments are participating- viz- Karnataka, Jharkhand and Bihar. Concurrently  a two-day International Summit on " Emerging Trends in New Generation Packaging" , with an objective to disseminate knowledge on issues...

TOURISM Goa Tourism announces extravagant 5-day Goa Carnaval in Feb   J an 26, 2013                  Mumbai : The Minister for Tourism, Government of Goa, Shri Dilip Parulekar, today announced the dates for this year’s Goa Carnaval – a much-awaited event that draws tourists from all over India and abroad. It will kick-start on February 8 and conclude on February 12, 2013. This year, Shri Parulekar said, the grand festival will be on an even bigger scale and more colourful. On the occasion, he said, “The Goa Carnaval is one of our biggest events of the year. I hope that this event becomes the second-most popular event of the world after the Brazilian Carnival. We have added more attractions this year including the food festival where we have involved 15 other states as well. We urge everyone to join us in the festivities.” He added that the other highlights of the event will include a vin...

INFORMATION TECHNOLOGY Bollympics Award ceremony by MAAC ends successfully   A Viral Video script writing contest organized by MAAC across its centres   Mumbai, January 24, 2013 : Maya Academy of Advanced Cinematics (MAAC) - One of the leading 3D Animation & Visual Effects (VFX) training institutes organized Bollympics, a script writing contest for its students across its centres on January 23, 2013 at Marriott in Mumbai. With an aim to foster the craft of script writing and explicate the importance of a well written script in film making, the event saw huge success with enthusiasts participating and good number of entries.   For the contest, the participants had prepared humorous scripts in English and Hindi showcasing their art of story telling. About 370 students participated in the competition. Chief Guest, Mr. Pankuj Parashar, Renowned Film Director graced the occasion with his presence and shared his experiences in the j...

AUTOMOBILES Lamborghini Aventador LP700 – 4 Roadster launched   Jan 27, 2013                 The Lamborghini Aventador LP700-4 Roadster is priced at Rs 4.77 crore,ex-showroom Delhi. They achieved 21 percent growth last year. This year, they expect a higher growth,” Automobili Lamborghini sales manager for Southeast Asia &Pacific, Andrea Baldi said without disclosing a target. Lamborghini is a company of the German auto major Volkswagen Group. The new Roadster will go on sale from mid-2013 at its two dealers. The domestic market has good potential for the super luxury cars, Baldi said, “This market will see steady and continuous growth in the years to come.”India will grow faster than some of the current markets in the next five years, he said. On the new car, Baldi said the Aventador Roadster is the most excitingsupercar that embodies performance, design, technology and engineering...