DAILY NEWS

BANKING Exim Bank posts strong business growth in 2014-15 Loan Portfolio of  the Bank  grows 15% to 86,953 crore Exim Bank announced the Bank’s results  for the year 2014-15  by Shrutee Kate/DNS BUSINESS & FINANCIAL PERFORMANCE Lines of Credit aggregating US$ 1,669.46 million (17 new LOCs during the year) were extended to support export of projects, goods and services from India. 194 LOCs, covering 63 countries across continents, with credit commitments aggregating US$ 11.68 billion are currently available for utilisation, while a number of prospective LOCs are at various stages of negotiation . Project Export Contracts: During FY 2014-15, 105 Project Export contracts were secured in 40 countries by 56 exporters, aggregating ` 49,781 crore.  As on March 31, 2015, 414 project export contracts valued at ` 1,89,736 crore (approx.  US$ 30.45 billion), supported by the Bank, were under execution, in ...

HEALTH / PHARMA India’s First Nicotine  Patch, 2baconil™  Launched by  Rusan Healthcare 270,000,000 Indians  risk cancer everyday  of their lives  by Shrutee Kate/DNS Mumbai, 28.04.15: India’s first fully indigenous nicotine patch 2baconil™ was recently launched by Rusan Healthcare Pvt Ltd, a marketing arm of the parent company Rusan Pharma Ltd, which is a global pharmaceutical company with interests in R&D, Manufacturing and Marketing of formulations, APIs and their intermediates. With 270 million Indians addicted to tobacco in one form or the other, with the launch of 2baconil™ patches a new form of Nicotine Replacement Therapy (NRT) is now available in India to the doctors and patients seeking treatment for tobacco de-addiction. According to a study done by Global Adults Tobacco Survey (GATS), ~60% of Indians smokers consume tobacco within the first 60 minutes of waking up. ...

CORPORATE / TELECOM BroadcastAsia2015 presents inclusive offerings for  the  Indian Broadcast Industry Spotlight on TV Everywhere Zone  Professional Audio Technology and more MUMBAI, 28 APRIL 2015 – BroadcastAsia2015, recognised as Asia’s top exhibition for the broadcast industry, is slated for 2-5 June 2015 at Marina Bay Sands, Singapore, alongside CommunicAsia and EnterpriseIT. This is the largest and most established trade event for Asia’s broadcast, film and digital media entertainment industry, and is set to feature some of the hottest technologies and solutions for the pro-audio, film and TV.  With the proliferation of digital devices and today’s ever-changing market of always-on connectivity, broadcasters are starting to look beyond TV to stream and monetise their content. This year, BroadcastAsia will unveil its new TV Everywhere! Zone , presenting the latest solutions to address increasing consumer expe...

LIFESTYLE VitrA launches V-Care A range of  new generation shower toilets VitrA, the leading bathroom solutions brand of Eczacıbaşı Building Products Division in Turkey introduces its technologically advanced V-Care – the new generation of Shower Toilets. Designed by the famous design studio NOA, the innovative make of shower toilets combines the functionality of a toilet and cleaning properties of a bidet while offering an impressive WC design and increased comfort. The new V-Care range of Shower toilets is made with a specially designed nozzle spray that allows the user to regulate the water as desired. V- Care can be used via a remote controller which is very easy to use and helps in controlling features like nozzle position, water pressure and the temperature of the water and the seat. Offering elegant designs with advance technology, this range virtually suits any kind of bathroom. This innovative V- Care range by VitrA is ergo...

METLIFE ASSISTS VICTIMS OF  THE NEPAL EARTHQUAKE METLIFE FOUNDATION MAKES  A US $ 250,000 DONATION  TO THE DISASTER AREA MetLife Foundation announced that it is making a contribution of $250,000 (USD) to International Medical Corps’ Nepal Earthquake Fund, which is already at work on  the ground providing vital relief supplies to those in need, lifesaving healthcare services to the  survivors of the earthquake and critical training to medical first responders. President and CEO of MetLife Foundation, Dennis White said, “Nepal has suffered a destructive  earthquake which has impacted the lives of millions of people. As we’ve seen countless times, natural  disasters can strike anyone, anywhere and at any time. The relief organizations that step in to ease the  suffering of victims of natural disasters do great things, but they can’t do it alone. MetLife believes  that we can all make a difference, and I’m pr...