SINDHI SEVA SAMITHI @ 60 : ORGANISING WALKATHON ON EYE AND ORGANS DONATION

Bengaluru, June 29, 2016: Sindhi Seva Samiti, sponsoring the Sindhi Group of Educational Institutions, celebrates 60 years of existence, serving the society in areas of education, poor family relief, eye and organ donation and health services. 

To celebrate the occasion in the form of Seva, they are organizing a Walkathon to create awareness of Eye and Organ Donation on Saturday, July 2, 2016. The event will be inaugurated by Sri Sandeep Patil, Deputy Commissioner of Police, and a part of the Alumni, at Sindhi High school, at 7.30 AM.In commemoration of their Diamond Jubilee Anniversary, over 2000 students and faculty members of the three Schools will be participating in this event.

The Walkathon will start from Sindhi High School, Kumar Krupa Road, and complete a 4 km route and will end at the same place. For this occasion, the Sindhi Seva Samiti had conducted a few other activities in preparation for this event.

Every year we plan different activities to celebrate this occasion. This year we have understood the need of the hour which is Eye and Organ Donation and hence are organizing a Walkathon. The Walkathon will be led by our School children, said Mr. Deepak Narang – President, Sindhi Seva Samiti. Through this walkathon we want to encourage more and more people to come forward and donate Eye and Organs, he added.

Sindhi Seva Samiti extended its vision of providing education at an affordable price by starting the Sindhi Seva School & Sindhi Academy of Skills at Hebbal, as a philanthropic gesture to integrate less privileged children into the mainstream of education and continues with a positive response. Sindhi schools offer to their students a holistic, progressive, creative system of education that gives the students a sense of responsibility and caters to their all-round development. The schools promote social awareness, duty consciousness and team work as an integral part of education.

Quess Corp Limited IPO opens on June 29

- Price Band of Rs. 310 – Rs. 317 per Equity Shareof Face Value of Rs. 10 each

 Bengaluru : Bangalore-based Quess Corp Limited, promoted by Ajit Isaac and Thomas Cook (India) Limited (TCIL) will launch its initial public offering, which opens on June 29, 2016 and closes on July 1, 2016, with a price band of Rs. 310 – Rs. 317 per Equity Share of face value of Rs. 10 each. The IPO consists of a fresh issue of Equity Shares aggregating to Rs. 4,000 million. The Anchor Investor Bid/Issue Period shall be on June 28, 2016, i.e. one working day prior to the Bid/Issue Opening day.

The Company proposes to utilize the net proceeds of the Issue for repayment of debt availed by the Company; funding capital expenditure requirements of the Company and its Subsidiary, MFXchange US, Inc.; funding incremental working capital requirement of the Company; acquisitions and other strategic initiatives and general corporate purposes.
Axis Capital Limited, ICICI Securities Limited, IIFL Holdings Limited and YES Securities (India) Limited are the Book Running Lead Managers (“BRLMs”) to the Issue. The Registrar to the Issue is Link Intime India Private Limited. 

The shares of Quess Corp Limited are proposed to be listed on the NSE and BSE. 

About Quess Corp Limited: 

Quess Corp Limited (formerly known as IKYA HUMAN CAPITAL SOLUTIONS LIMITED), one of India’s leading integrated business services provider was established in 2007. Headquartered in Bengaluru, the Company has over 120,000 employees with a pan-India presence of 47 offices across 26 cities as well as operations in North America, the Middle East and South East Asia and serves over 1300 customers. Quess Corp Limited’s presence pans across 4 segments namely, Global Technology Solutions, People & Services, Integrated Facility Management and Industrial Asset Management. 

Risk to Investors 

i. The 4 Book Running Lead Managers associated with this Issue have handled 23 public issues in the past three years, of which 9 issues closed below the issue price on listing date. 

ii. The average cost of acquisition of Equity Shares for our individual Promoter, Ajit Isaac, is Rs. 2.74 per Equity Share and for our corporate Promoter, Thomas Cook (India) Limited is Rs. 32.52 per Equity Share and the Issue Price at the upper end of the Price Band is Rs. 317.

Clove Digital Introduces gTag – GPS Schoolchild Locator

Bangalore : Clove Digital (https://www.clovedigital.com/) today introduced gTag,a GPS schoolchild locator, that comes in strong ABS + Polycarbonate design with locking features and white colour glossy finish. gTag offers innovative tool to locate schoolchild in a device that’s taggable to bag, with GSM SIM choice and with no subscription charges.
“gTag is an innovative product that will provide visibility ofschoolchild’s outdoor movements to parents. gTag is a hardware device plus an android app which givesinstant updates as to when the child reaches or leaves places marked by parents,” said Anuraag Renjith, Clove Digital’s founder.
“gTag is handy and easily taggable to a child’sschool bag. Freedom to choose GSM SIM helps parents identify right network with coverage in child’s route. In today’s chaotic times with traffic woes growing on a daily basis, to have a device that can help parents know their child’s exact location while travelling is a great help. We are sure more and more parents will endorse this product in the coming months.” added Anuraag.
gTag provides reassurance to parents by throwing more light into the outdoor movements of children. Parents can mark up to 6 places in regular route taken by child and be informed when child reaches or leaves marked places. gTag empowers parents with complete real-time information on child out of home.
In case of an emergency, parent can choose to see real-time location of the child on map view using gTag android app.
How does the device work?
once a parent buys the gTag, they need to insert an active data SIM and charge the gTag. An account at www.clovedigital.com needs to be created or via the android app gTag from play store. After signing in, the parent can add child with the gTag ID printed inside the box. It allows them to mark places like school, home, road junctions en route, etc. in the map and receive instant notifications on the child’s movement in or out of these places.
Pricing & Availability
gTag is available in White glossy finish at MRP Rs. 6490 from amazon.in andwww.clovedigital.com. Data plan required could be either prepaid or post-paid from any of the service providers. gTag uses approx. 50MB data per month.

World’s Best Commando Trainer Shifuji Trains Bengaluru women in self-defense

Bengaluru, June 25: Saturday morning began on a different note for the women in Bengaluru. Breaking completely out of routine, these women walked into Trio World Academy to be part of an event that would provide them insights in self defense and safety. The world’s best commando with a mission to equip women in self-defense and unarmed combat tactics unleashed a session abundant with the knowledge required to empower them against all odds.

The session was inaugurated on Saturday on the campus of Trio World Academy, Sahakarnagar and will continue onto Sunday. Grandmaster Shifuji demonstrated unarmed combat to the gathering of women present and also educated them on the need and the manner one can be alert about their surroundings and respond to any attack promptly.

Grandmaster Shifuji Shaurya Bhardwaj’s Mission Prahar initiative is a self-defense training program for women which aims to empower one crore women across the country. The mission has already reached out to around 30 lakh women and has been constantly on the move to reach out to more.

“Safety needs to be self driven. It is important for all women to understand that they should be adequately equipped to protect themselves from attacks and not wait for help. Mission Prahar aims to introduce women to the right way to fend off their attackers and stay alert about their surroundings. One woman can pass on the knowledge to many more until it reaches the entire country. I am happy to see the turn out in Bengaluru and hope that what was taught will reach everyone in need” said Grandmaster Shifuji.

Naveen K M, Managing Director, Trio World Academy stated, “We are proud to be associated with Mission Prahar and Grandmaster Shifuji for an event of such importance. We are also glad to see that many women are taking self defense seriously and are willing to put in effort to equip themselves to ward off attacks. I hope that many more women will be able to benefit from this event in the future.”

About Mission Prahar:

Mission Prahar is a self-defense training program initiated to empower the women of the country. A brainchild of Grandmaster Shifuji Shaurya Bharadwaj, Mission Prahar has currently made its mark on about 30 lakh women and is continuously striving to reach out to more. It aims to empower 1 crore women across the country in personal vigilance and self-defense.

About Grandmaster Shifuji:

Grandmaster Shifuji Shaurya Bharadwaj’s determination and service to the country is visibly validated by the many laurels he has achieved. He is the Chief Commandos Mentor and trains the Counter Terrorist Group, Special Task Force & Anti Terrorist Squad and also trains commandos across the globe. He is an ardent advocate of the ancient Indian Martial Art form, Kallaripayattu. He is also a celebrity trainer and has garnered screen space. Engaged in different programs that aim to enable people in self defense and self-actualization, he has made a laudable difference in the society. He is also the brand ambassador of state of Madhya Pradesh.

 

Toyota New Engine Plant Opened in Bengaluru

Bengaluru: Toyota Industries Engine India (TIEI), a joint venture between Kirloskar Systems Ltd. (KSL) and Toyota Industries Corporation - Japan (TICO), in India, today announced the inauguration of a new engine production plant at Jigani Industrial Area, Bengaluru. The new plant will manufacture powerful and high performance Global Diesel (GD) Engine featuring Economy with Superior Thermal Efficiency Combustion (ESTEC) technology, which contributes to enhanced fuel efficiency. Spread across 22 acres with an investment of Rs. 1,100 crore, the engine manufacturing plant operates with a production capacity of 108,000 units/year and manufactures 1GD-FTV 2.8 litre & 2GD-FTV – 2.4 litre engines in compliance with BS 4 / Euro 4 emission standards with an additional provision to upgrade to BS 5 and 6 / Euro 5 and 6 with minimum investment and lead time in the future. Toyota Industries Engine India (TIEI) plant, the new state-of-the-art facility is the first GD Engine Plant of Toyota in India and third globally, after Japan and Thailand. The new plant was inaugurated by the Chief Guests Shri. Siddaramaiah, Honorable Chief Minister of Karnataka, Government of Karnataka, Shri Anant G Geete, Honorable Union Minister for Heavy Industries and Public Enterprises, Government of India, and graced by Guests of Honor Shri R.V Deshpande, Honorable Minister for Large & Medium Industries & Infrastructure Development, Government of Karnataka, Shri D.K. Shivakumar, Honorable Minister for Energy, Government of Karnataka, Shri T.B. Jayachandra, Honorable Minister for Law and Parliamentary affairs, Government of Karnataka in the august presence of Mr. Toshiyuki Mizushima, Senior Managing Officer, Toyota Motor Corporation, Japan, Mr. Akira Onishi, President, Toyota Industries Corporation, Japan, Mr. Taku Yamamoto, Chairman, Toyota Industries Engine India, Mr. Kiyotsugu Kurimoto, Managing Director, Toyota Industries Engine India, Mr. Vikram S Kirloskar, Vice Chairman, Toyota Kirloskar Motor and Director, Toyota Industries Engine India , Mr. T R Parasuraman, Deputy Managing Director, Toyota Industries Engine India, Mr. A. Tachibana, Managing Director, Toyota Kirloskar Motor Pvt. Ltd. and Mr. Shekar Viswananthan, Vice Chairman and Whole-time Director, Toyota Kirloskar Motor Pvt. Ltd. 

The 2.4 litre & 2.8 litre engines equip Manual Transmission & Automatic Transmission of Innova Crysta respectively. The 2.4-litre 2GD-FTV engine is 47% more powerful & 13% more fuel efficient. And the 2.8-litre 1GD-FTV engine is 71% more powerful & 7% more fuel efficient, in comparison to the earlier used 2KD engine. 

The Indian Automotive Market is the fifth largest in the world and 40% of the cars sold are diesel vehicles. The new diesel plant in Bengaluru will further boost the employment opportunities in Karnataka, generating need for skilled manpower in the industry. This will create a convivial environment for foreign investors to further invest in the State.

Exide Life Insurance signs on Dhoni as its Brand Ambassador

Bangalore : Exide Life Insurance, today announced Mahendra Singh Dhoni (“Dhoni”) as its brand ambassador. Dhoni, who represents the aspirations of millions, has a strong mass appeal and followership compared to any other sporting icon in India.

 Dhoni is the perfect brand ambassador for Exide life Insurance as he embodies the values of Exide life Insurance. He is Dependable, Dynamic, Responsive and Foresighted.

 “Dhoni represents a unique blend of skill, commitment and stability which are all personality traits that are relevant to the life insurance category” stated, Mohit Goel, Director-Marketing, Exide Life Insurance. “As a life insurance company, we believe that long term relationships build trust, and Mahendra Singh Dhoni is a perfect embodiment of that belief. Dhoni has appeal that cuts across geography, gender and age groups. He is one of India’s most celebrated cricketers, and the most successful captain of the Indian team and we are extremely excited to be associated with him.”

Starting 22nd June 2016, Dhoni will feature in the Exide Life Insurance marketing campaign “Lamba saath, bharose Ki baat.” (Long term relationships build trust).

Speaking about his partnership with Exide Life Insurance, Mahendra Singh Dhoni said, “This is my first endorsement deal in the insurance category. I am pleased to be associated with Exide Life Insurance, a company that helps Indians prepare financially for their long and happy life. Long term relationships build trust and I have always planned for the long term in all aspects of my life. Exide Life Insurance is a brand that resonates well with me and I look forward to working with them very closely.”

Adding to this, Arun Pandey, Chairman, Rhiti Sports Management (the company which manages all endorsement deals of MS Dhoni) said, “Life Insurance is one category which is more than just a monetary safety net for those left behind. It is one of the most important long term investments that an individual makes. Hence, brands in this category have to be extremely conscious when it comes to associating with celebrities. In the case of Exide Life Insurance, the brand’s clear vision and promise is well-aligned with the brand attributes of MS Dhoni which makes this association very strong. I am glad we took our time to find the right brand partner for Dhoni in the life insurance category; and am sure this will go a long way.”

JSW VENTURES RECEIVES SEBI APPROVAL TO BEGIN INVESTING

Mumbai : JSW Ventures, the venture capital arm of the JSW Group, has received the mandatory clearances from markets regulator Securities and Exchange Board of India (SEBI), paving the way for it to begin investing.

JSW Ventures will focus on providing early-stage funding to technology-enabled start-ups operating in the education, healthcare, financial services, SaaS and enterprise software space. The fund will have an initial corpus of Rs. 100 crore which it will invest over a three-year period.

The fund will be overseen by Parth Jindal, recently appointed Managing Director of JSW Cement, while Gaurav Sachdeva has been appointed Managing Partner. 

Parth Jindal said, "Technology innovation is happening across sectors, from old-fashioned verticals like real estate to research-driven work being done in machine learning and artificial intelligence. We think that the opportunity to innovate across sectors and businesses is immense and want to be a part of this transition.”

“As an early-stage fund, we will not only provide capital but will remain strong partners of our investee companies as they grow, leveraging the JSW Group’s expertise and experience to help them blossom into world-class companies,” he added.

JSW Ventures Managing Partner Gaurav Sachdeva said, “Over the last one year, we have been actively working in the start-up ecosystem, evaluating companies building innovative products, services or technology. We will partner with passionate entrepreneurs driven by innovation and the need to build capital-efficient businesses.”

“We look at the team, product-market fit, scalability and technology innovation while assessing companies. Companies in e-commerce, education, healthcare, fintech, SaaS and enterprise software which provide differentiated products or service offerings are of interest to us. We typically like to lead investment rounds and work with founders helping them discover and solve business critical problems.”

BAJA SAEINDIA 2017 Virtual Round to be held at Bengaluru

Bengaluru : SAEINDIA, a professional Society of Automotive Engineers, today announced the commencement of the 10th edition of the much awaited BAJA series. Mahindra & Mahindra is the title sponsor and the event is known as Mahindra presents BAJA SAEINDIA 2017.

The redesigned virtual round of Mahindra presents BAJA SAEINDIA 2017 will be held from June 24^th to 25^th, 2016, at Christ University, Bengaluru. The teams have already started feeling the heat of this upcoming Mega Event which is due to be held in the IT capital of India, Bengaluru. With around 413 teams from various engineering colleges of India, 5 students from each team totalling over 2000 students, the battlefield is set and ready for these student warriors to battle out their ideas. 

In this two days event, the registered teams will be scrutinized for their knowledge and capability to participate successfully in the main event. Like last year, all the teams at the Virtual BAJA 2016 will have to make a presentation on their design, followed by an online test, which will carry equal weightage in their final selection. The evaluation process will test every participant’s knowledge on Rulebook and General Mechanical and Automotive Engineering questions. Based on the performance in Virtual BAJA, the teams would be selected for participation in the main event to be held in NATRiP, Pithampur near Indore.

Microsoft Enables Startups to # Empower India

 
Bengaluru,  : Microsoft is on a mission to empower India through technology, and acknowledges the critical role that technology start-ups can play in achieving this objective. The company is committed to fostering innovation among start-ups in India by providing resources, technology and mentoring to drive this innovation. Microsoft aims to provide the right tools, resources, connections, knowledge and expertise that startups need to leverage the full potential of the cloud and create innovative, SaaS solutions built on the cloud.
Mr. Harish Vaidyanathan, Director of Independent Software Vendor Programs at Microsoft, said, “Our strategy is to build best-in-class platforms and productivity services for a mobile-first, cloud-first world and we realize the pivotal role that startups, with their ideas and enthusiasm, can play in leveraging those platforms to create newer solutions. We are committed to partner with the startups and provide them with all means necessary to grow while helping India become a more connected and empowered nation.”
To that effect, Microsoft has launched multiple programs to support startups in the country, acknowledging the emergence of born-in-the-cloud start-ups i.e. new-age start-ups that understand the possibilities and benefits of the public cloud and build their SaaS solutions on the cloud. Its BizSpark Plus program offers free Azure Cloud services to qualified startups to power their business. The program also provides free software, developer tools, and technical support to help startups be successful. Committed to offering support throughout the growth journey, Microsoft has also partnered with 13 startup accelerators to roll out this program. Microsoft Accelerator too works with mature and late stage startups, focusing on their core needs such as guidance on scaling up and customer acquisition. Close to 100 startups have graduated from eight batches of the Microsoft Accelerator program.
Microsoft, today in an event showcased some marquee SaaS solutions for enterprises and organizations,developed by born-in-the-cloud startups. The solutions range from technologies for offering better customer experiences, building intelligent infrastructure through cloud, local market on chat and talent management platform. All these SaaS solutions have been built on the Microsoft Azure public cloud platform that offers reliability and scalability and ensures that the solutions built future-proof them, allowing these startups to keep pace with the rapidly changing customer preferences, hardware evolutions and to manage hyper business growth. Indian datacenters provide local customers with data residency and replication in multiple regions for backup and recovery, and the option of a private connection to the cloud.
Startups displaying their cloud-based SaaS solutions included Ameyo that offers an Omni-channel platform to streamline customer interaction across all conduits of communication and has helped businesses increase customer conversion by 6% to 15% while reduced cost of sourcing, lower churn and higher customer retention. Vymo – a personal assistant app for enterprise sales or service teams focusing on schedules, routes, alerts and recommendations that are actionable. Vymo’s solution has helped increase sales productivity by 30% for one of the leading insurance companies in India, and lower TAT by 80% for one of the leading Indian Banks. FlamencoTech – a cloud solution provider that creates its own 'services layer' customization on top of various technologies that fulfill varied business needs of each customer; QUSTN (Capabiliti) – a mobile-first talent management platform to Recruit, Onboard, Train and Assess frontline employees has helped companies improve employee engagement index by 65%, with new hires becoming productive team members in less than half the usual time. Yellow Messenger – a universal messaging platform to Shop, Book, Order anything on Chat. The solution helps reduce marketing and support costs by 30% and increases customer conversion and retention by 20%.

REVA University enters into an MoU with Florida International University, USA

Bengaluru : Florida International University, USA is a vibrant, student-centered public research university located in Miami, Florida, USA.  The University has established its credentials in its commitment to learning, research entrepreneurship, innovation and creativity so that all graduated student of FIU are competent enough to succeed in global market challenges.  FIU is a highly ranked university and is one of the top 10 largest public Universities in USA.

 REVA University, an upcoming and promising State private University located in Bangalore, India having a state-of-the-art infrastructure, creating an environment conducive for higher learning and research.  REVA University offers 18 full-time and 6 part time post graduate programs, 15 graduate programs and also doctoral programs in Engineering, Architecture, Science, Commerce, Management, Law and Humanities.

 REVA University understands the importance of collaboration with leaders in the field to provide international exposure to their students.  The MOU with Florida International University is basically to exhibit the firm commitment of REVA University towards student welfare and success.  Hence, the MOU is  a means to develop collaborative relationship for research activities, student and faculty exchange, joint international level conferences and seminars, international exposure programs, twinning programs and funded collaborative consultancy / research programs.  The collaborative research in Cyber Security and IT Security is the highlight of the MOU.

 All staff and students are the major beneficiaries of the MOU.

Dr.Shyamaraju, Hon’ble Chancellor, REVA University and Dr.S.S.Iyengar, Director and Ryder Professor, FIU have signed the MOU.