DAILY NEWS

  Honda’s ‘Fastest Ever Expansion’ to 100% capacity creation achieved in just 4 months of plant inauguration             Production expands by new 0.6 million units to 1.2 million units annually at 4 th  plant in Vithalapur            With this expansion, Honda’s combined annual production capacity is 5.8 million units in 4 Plants            With increased scooter production before festival Honda gears up to expand its leadership in scooters  by Shrutee K/DNS Ahmedabad (India), June 29, 2016 – Honda Motorcycle & Scooter India Pvt. Ltd. today inaugurated the 2nd assembly line of its landmark fourth manufacturing plant at Vithalapur (Mandal taluk, Ahmedabad district) in the western state of Gujarat.    Realizing Dreams with Speed Adding an additional 6 lac units annual production capacity, the 4 th  plant’s total capacity has now reached 1...

by Shrutee K/DNS Mumbai’s famous food street,  Mohammed Ali Road  is synonymous with delectable Ramzan food. Recently, Chef Ranveer Brar, host of the show ‘Food Tripping’ and ‘Ranveer’s Café’ on the channel Living Foodz couldn’t resist the temptation and went on a Food Trail  to get a fix of iftar food. Chef Ranveer enjoyed an authentic Ramzan feast at popular destinations such as Janata, Noorani,   Suleman Usman Mithaiwala and Noor Mohammadi.  He was seen relishing the fiery Chicken   Angaara  at Janata and indulged in   malpua  and black current   phirnis  at Suleman Usman Mithaiwala.

Investors can now redeem 0.75% of their investments at the prevailing Net Asset Value (NAV), on a monthly basis by Shrutee K/DNS Kotak Mahindra Asset Management Company. Ltd announced the launch of Long Term Income (LTI) facility to meet the need for predictable, long term, cash-flow requirement of investors. On a monthly basis, investors can redeem 0.75% of their investments at the prevailing Net Asset Value (NAV). Investors of Kotak Income Opportunities Fund, Kotak Medium Term Fund, Kotak Equity Savings Fund, Kotak Monthly Income Plan and Kotak Bond Fund can avail of the facility if their minimum investment is Rs. 2 lakh. LTI facility is available for investors investing in these schemes on or after June 1, 2016 and is available under growth option only. Lakshmi Iyer, Chief Investment Officer (Debt) & Head Products, Kotak Mahindra Asset Management Co. Ltd. said, “Long Term Income (LTI) facility is our attempt at answering the need for expectab...

by Shrutee K/DNS      Total insurance premiums in India grew by 7.9% in 2015 owing to stronger growth in life and non-life premiums     Life premiums growth witnessed a turnaround in India, growing by 7.8% in 2015     Insurance penetration in India remained low at 3.44% in 2015 reflecting large untapped potential Zurich, 29 June 2016  – Global insurance premiums grew by 3.8% in real terms in 2015, amidst variations in regional growth rates, Swiss Re's latest sigma report says. The overall performance was steady after a 3.4%-gain in direct insurance premiums written in 2014, and coming in an environment of just moderate (2.5%) global economic growth, the latter a key driver of insurance demand. There was a slight slowdown in the life sector in 2015, with global premium growth dipping to 4.0% from 4.3%, due to weaker performance in the advanced markets. On the non-life side, strong growth in the advanced markets of Asia, and impr...

  Travel enthusiast Freishia Bomanbehram explores the city that never sleeps    by Shrutee K/DNS MUMBAI...it is a name that brings to mind cinema celebrities, buzzing lanes of traffic, and balmy beaches. With its rich history, this much written about city still harbors many unexplored aspects. India’s youngest lifestyle channel,  NDTV Good Times  launches a special episode that  looks at this city from a fresh angle, called ‘Hangout Mumbai', a show hosted by travel enthusiast Freishia Bomanbehram who presents various facets of the city through sea, land and air. Mumbai always seems to have new sights and sounds and hidden secrets up its sleeve and Freishia will take the viewers through some ofthe undiscovered elements of aamchi Mumbai.The show is all about the coolest dens in Mumbai - from iconic tourist spots and trending eateries to places of old world charm that ...

by Shrutee K/DNS With the growing popularity of online shopping which is expected to catapult the e-commerce market to $80 billion by 2020 in India, the online companies are expected to invest close to $6-8 billion in logistics, infrastructure and warehousing in the next few years, an ASSOCHAM-PwC study has said. Presently, there is a very low level of air cargo penetration characterised by only a few airports equipped to handle large volumes of express delivery parcels. As the e-commerce gathers momentum and moves to the tier-II and tier-III cities, there will be increasing demand of expanding air cargo connectivity to smaller towns. The industry would invest in about $8 billion by 2025, the study noted.  The overall e-commerce industry, valued at $25 billion has been growing at a compounded annual growth rate of about 35-40 per cent each year, the study said, adding that it is expected to cross the $100 billion mark in five years. “Innovations are very important...

by Shrutee K/DNS Mumbai, 28 th June 2016 : P&G’s flagship Corporate Social Responsibility program P&G Shiksha continues to march forward with the motto ‘Padhega India, Badhega India’. Now in its 12 th year, P&G Shiksha continues to make critical infrastructure and learning interventions by building and supporting schools across the country thereby providing underprivileged children with access to education. This year, P&G Shiksha launched ‘Shiksha Superheroes’ a campaign to acknowledge consumers, the real-life superheroes who made a simple brand choice of buying P&G products and  contributing  to this noble cause impacting the lives of thousands of underprivileged children. Joining the movement this yearin Mumbai, the renowned Indian cricketer Ajinkya Rahane donned the avatar of ‘Shiksha Superhero’ and unveiled the new impact numbers for P&G Shiksha. Till date, P&G Shiksha has built and supported more than 1000 schools which will impa...

by Shrutee K/DNS                                                                  India, June 2016: With the latest offer from Marriott, you don’t need a season or a reason to indulge in some luxurious food and try out new cuisines. Starting this June all the way to 31 st September,2016 Marriott India announces its biggest epicurean offer of the year –as a part of their rewards program members will be avail to avail a 20% off at all Marriott hotels and restaurants across India. Choose from any of the group’s properties across - JW Marriott, Courtyard by Marriott, Marriott, Fairfield By Marriott &the Renaissance, be it Saffron in Mumbai or Momo Café in ...

by Shrutee K/DNS Mumbai, June 28:  Royal Strikers powered by some steady play from seasoned campaigners Alok Kumar and Sourav Kothari made a bright winning start defeating Saffron Army 3-1 in the opening Pool-A match of the  Rs 20 lakh prize money inaugural LIC-Snooker Premier League, which commenced at the Garware Club House on from Tuesday morning. Earlier the tournament was inaugurated by Shri Ravi Kumar, Senior Divisional Manager, LIC India, Mumbai Division, who made some perfect pots to set the balls rolling. Also present was Smt. Sangeeta Parab, Sales Manager, LIC India, Mumbai Division and Derrick Sippy and Devendra Joshi, joint honorary secretaries, BSAM. Kothari, the costliest player in the competition, lived up to his reputation by scoring an authoritative 2-0 win against AshutoshPadhy in the 15-reds game to level the scores at 1-all after his teammate Hasan Badami had lost the first 6-reds game going down to Pushpendra Singh by an identical 0-2 margin. L...

by Shrutee K/DNS Mumbai: Deccan King Foods, along with Allied Scientific Product as its parent company, had launched a host of Indo-Italian organic foods in India. With a main objective of providing food that is healthy for people, Deccan King Foods offers a whole new range of completely organic food products at a little extra cost, with this extra cost going to farmers in India.   While Deccan King Foods already has some of its products available in the market, such as dal, pulses and rice, whereas this time, they have launch a new product range in the market, with products such as organic chocolates, organic chocolate spread, organic honey and organic pasta, just to name a few. The product was launched by Chef Ranveer Brar  as the celebrity chief guest, in the presence of foreign authorities, eminent politicians and farmers. A variety of performances from myriad art forms were performed to welcome the audiences. Mr. Dnyaneshwar Bodke, President of Abhinav F...

   TVC aired on Sunday, June 26, 2016. To be followed by a robust print, radio, digital and outdoor campaign            Volkswagen Ameo launched at INR 5.14 lakh (ex-showroom Mumbai) and is available for test drives and bookings at all Volkswagen India dealerships and through the Ameo mobile application            Ameo offers segment first features like cruise control, rain sensing wipers, centre arm rest, anti-pinch power windows and static cornering lights to further enhance the Volkswagen experience  by Shrutee K/DNS Mumbai, June 29, 2016:  Volkswagen, Europe’s largest automobile manufacturer recently announced the launch of Volkswagen Ameo, the made-in-India and made-for-India compact sedan, at an attractive price of INR 5.14 lakh (ex-showroom Mumbai). Kick-starting the multi-media campaign for the Ameo, is a TVC that aptly captures the essence of the carline through a storyline that taps int...

Mumbai:  Classic Marble Company (CMC), India’s leading manufacturer and distributer of high quality natural and engineered stone has announced expansion plans in Gujarat, recently. The number 1 stone company also launched a premium collection of KalingaStone – an engineered stone range of marble and quartz and KalingaSlimtech – a range of large format porcelain tiles at its Ahmedabad showroom. CMC has a vast spread of dealers and distributors across Gujarat and also owns a showroom cum depot in Ahmedabad. The showroom is an ocean of opulence and displays an array of over 700 products including imported natural stones, engineered stones and international porcelain tiles. Speaking about the company’s expansion plans Mr. Vikas Kesarkar, Vice President – Marketing said, “For the last two decades, the Indian Stone Industry has shown a remarkable growth and Gujarat has been on its forefront. The state offers a huge growth potential due to its industrial and infrastructure devel...