Archive: July 1, 2022

Mumbai property registrations continues to outshine in June 2022

Lexus India and Bangalore International Airport announce exclusive partnership

Luxury car manufacturer, Lexus India, and Bangalore International Airport Ltd (BIAL), the operator of Kempegowda International Airport (BLR Airport) have announced an exclusive partnership for the movement of guests at the VIP terminal.

All guests at BLR Airport’s VIP terminal will now be chauffeured between the aircraft and the terminal in luxurious Lexus cars. Lexus India is providing the vehicles as part of the Airport’s fleet for VIP movement.

Lexus vehicles were handed over to Mr. Jayaraj Shanmugam, Chief Operating Officer, BIAL at a special ceremony by Mr. Naveen Soni, President, Lexus India along with Mr. K.I. Jojoe, CEO, Lexus Bangalore and Mr. George Kuttukaran, Director, Lexus Bangalore.

Mr. Jayaraj Shanmugam, Chief Operating Officer, BIAL said, “At BLR Airport, we are always looking at ways to find solutions to create the best customer experience and enhance the overall travel experience of our passengers.  We are confident that this partnership with Lexus will offer our premium guests an exclusive on-ground experience when they travel through our Airport.”

Mr. K. I. Jojoe, CEO, Lexus Bangalore commented, “At Lexus Bangalore, we constantly endeavor in delivering the Lexus promise of providing amazing guest experiences to our discerning guests. We are very happy to support this collaboration by offering the best of our services to such important dignitaries.”

Speaking on the occasion, Mr. Naveen Soni, Lexus India President said, “We at Lexus India are driven by the Japanese philosophy of “Omotenashi” meaning exceptional hospitality and the Indian spirit of “Athithi Devo Bhava” to anticipate guests’ needs and to provide them the amazing Lexus experience. This alliance with Bangalore International Airport is another strong step in this direction, that gives us an opportunity to provide our VIP guests a luxurious experience of utmost comfort & luxury through our meticulously crafted Lexus cars. This will surely enhance their travel experience whenever they are visiting the city.”

Zoho Books offers to support QuickBooks’ customers in India

Zoho announced that it is open to supporting and serving customers of QuickBooks in India. In a recent turn of events today, Intuit’s QuickBooks announced its discontinuation from India market effective January 31, 2023. Their products and service offerings for accountancy and small business customers will no longer be available in India. As of July 1, 2022 no new signups to QuickBooks products will be accepted in India.

Prashant Ganti, Head of Products – Tax, Accounting & Payroll, Zoho commented, “The continuation of financial systems for any business is essential for its growth and sustainability. At Zoho, we understand how challenging it can be for businesses to find a replacement for their existing financial system. Zoho Books will be glad to serve the needs of those businesses looking for an alternative solution, and help them transition smoothly.” Zoho Books is a comprehensive, cloud-based financial platform that helps businesses take care of their finance, perform core accounting functions, track stocks, reconcile bank accounts, manage projects, and keep them GST compliant.

“Zoho Books is hyper focused on strengthening its operations in India, enabling businesses to simplify and abstract GST filing and compliance, e-invoicing, and e-way bill compliance, and gain deep visibility into their finances. We have a strong customer base in the country, and will continually work towards serving them. Zoho is also a GST Suvidha provider,” further added.

Mansion House and Courrier Napoleon Green Festive Pack Lucky Draw Winners Announced

Tilaknagar Industries Ltd. (TI), promoter and manufacturer of the famous ‘Mansion House’ brand, today announced the winners of its ‘Festive Pack’ Lucky Draw contests at an opulent ceremony held at the ITC Kakatiya. As part of the initiatives, TI awarded the participants with a host of prizes that ranged from a new car, bikes and latest gadgets to appliances like refrigerators. 

Overjoyed on winning a brand new Maruti Suzuki Wagon R, Mr Saikishore, resident of Hyderabad said, “I was excited to participate in the contest, however, I had never imagined that I will go on to win the lucky draw. It is a dream come true and my family and I are grateful to the organisers for this initiative.”

TI had organised the ’Festive Pack’ Lucky Draw contests for both its premium brands, Mansion House and Courrier Napoleon Green. The company received an over-whelming response of over one lakh entries from across the country. In addition to the Maruti Suzuki car which was awarded to the winner of the Mansion House ‘Festive Pack’ Lucky Draw contest, awards like Yamaha bikes, Samsung smart televisions, Samsung smart phones and tablets, Amazon Alexa Bluetooth speakers, to name a few, were given to the other winners of the two contests.

Speaking on the occasion, Mr Amit Dahanukar, Chairman and Managing Director, Tilaknagar Industries Ltd. said, “I congratulate all the winners of our Festive Pack Lucky Draw contests. At TI, we are committed towards offering an unparalleled experience to our consumers through our brands and products. This is another step to enhance our engagement and relationship with one of our most important stakeholders. Mansion House saw a growth of over 25% in the last year, which is much more than the industry growth. The company is currently in growth phase.  The Brandy category has been defined by Mansion House for last so many years, we continue to innovate in this category, we have come out with a flavoured brand, its first of its kind flavoured Brandy to be introduced in the country. The initial response is very encouraging. We are set to make Brandy category very exciting in the coming years.” 

In the Mansion House Lucky Draw, Mr H M Mohan, resident of Bangalore and Mr Sanjay, resident of Mahe won new Yamaha FZ S FI bikes and in the Courrier Napoleon Green Lucky Draw Mr. Yugendira K, resident of Puducherry won the swanky new Yamaha FZ25 bike. In addition to the prizes that were announced, the company will also distribute a set of Mansion House Branded Coasters to 3300 winners selected through Lucky Draw as Consolation prizes.

National Level Learn-shop on development of the MSME ecosystem organised by SIDBI &Grant Thornton Bharat

Aligned to AKAM celebrations, SIDBI along with its Project Management agency Grant Thornton (GT),organized on 30th June 2022, a National Level “Learn-shop” (Virtual programme) on development of the MSME ecosystem. The objective was to learn and share good practices aligned to cluster centric development thus maximizing adoption and adaptation.

The keynote was delivered by Shri S. Ramann CMD, SIDBI,who said that there is need to keep vibrancy in enterprise development models. He mentioned that SIDBI has prioritized cluster development theme but can only evolve sustainable strategy in coordination with stakeholders, key being state governments. He called upon all stakeholders to walk together for overall development of the MSME ecosystem in the country.

Earlier, while welcoming participants including officials from over 20 state governments, Shri V. Satya Venkata RaoDMD illustrated SIDBIs role in strengthening the enterprise value chain in cooperation with state governments. He also highlighted about SIDBI Cluster Development Fund Scheme which is supporting State Governments for building MSME Cluster Infrastructure. Furthermore, Prof. V. Padmanand, Partner, Public Sector Consulting, Grant Thornton Bharat elaborated on the key interventions and best practices evolved as a result of SIDBI’s engagement with various state governments/UTs through the deployment of PMU (Grant Thornton Bharat). The Guest of Honor, Shri D.K. Singh, IAS, Secretary General, NHRC spoke on the existing gaps in the MSME ecosystem and the means and ways to bridge the same.

The themes of the Panel Discussion included: Apt credit instruments for MSMEs;convergence of State/ GoI Schemes for hard infrastructure/ SIDBI Cluster Development Fund -SCDF,; Policy & Schemes to strengthen the MSME Ecosystem, Procurement of service providers; empowering through digitizationInstitutional capacity building of line departments and Industry Associations as the state level (Cluster development, twinning with GoI Schemes, Technology Business Development Services).

Few states are laying thrust on mini cluster development schemes thus fostering micro and rural enterprises. Some have evolved state level credit guarantee funds. Sessions on digitization validated that it’s a great enabler and can deepen the access of credit and nonfinancial services. States are focusing on unserved/underdeveloped areas where SCDF like schemes complementing MSE-CDPand other GoI PPP based schemes can benefit from valuable support. In brief convergence, connect and consolidation through clusters shall be mainstay in the coming times. Capacity building of state level value chain actors is identified as crucial missing link. Building digital capacity of all stakeholders for effective delivery of available state, central and institutional benefits for MSMEs were identified as crucial connect.Tamil Nadu took the participants through its integrated access model for MSMEs by leveraging CGTMSE model, platforms such as TREDS and PSB59 platform set up under leadership of SIDBI. Importance of convergence of Central Govt schemes of MSECDP, SFURTI and leveraging SIDBI SCDF for overall development of MSME clusters was highlighted by panelists. Financial Institutions mentioned about their thrust on cluster based financing instruments learning from the initiatives of many state governments on establishing raw material banks and cluster based financial instruments.

SIDBI apprised about its initiative on Swavalamban Connect Kendra where handholding to youths for converting dreams into enterprise is being facilitated in 100 districts. SIDBI also apprised states about its end to end solution on credit access through its operating offices and its prioritizing the cluster centric, green embed enterprise development.

In addition to total 28 distinguished experts in MSME ecosystem domain who served as the panelists, distinguished personalities including Shri DPS Kharbanda, IAS –Director, Technical Education and former Director of Industries, Government of Punjab, Shri Anthony De Sa, IAS – Former Chief Secretary, Government of Madhya Pradesh and Shri Meenakshi Sundaram, IAS – Secretary to Hon’ble Governor of Assam and former Commissioner of Industries, Government of Assamprovided their expert inputs on best practices evolved for transforming MSME landscape in the country. Representatives of industry and government from 20 states attended the pioneering programme.

TV9 Network salutes the shining stars of Indian Road Transport Sector

TV9 Bharatvarsh, in association with Continental Tires and Maruti Suzuki Commercial, organised the Leaders of Road Transport (LORT) Awards 2022 on June 23, celebrating the wheels of the nation i.e. the road transport sector.

Road transport is not just an economical and preferred sector for goods and passenger transportation, it is also responsible for more than 87 per cent of the country’s passenger traffic and 60 per cent of freight traffic. However, despite the crucial role it plays in the movement of goods and people, its contribution to the economy goes largely unsung. TV9 Bharatvarsh has consistently and continuously acknowledged the efforts of the road transport sector and the people who run this industry.

Even in the times of the coronavirus pandemic, TV9 Network vaccinated more than 17,000 truck drivers of 25 transportation hubs in 15 cities through initiatives like Suraksha Bandhan and Highway Heroes.

At the Leaders of Road Transport Awards 2022, TV9 Bharatvarsh honoured the people who are bridging the gap between you and us with their trucks and buses. These are the people who are responsible for safer, cheaper, and better door-to-door connectivity. At this TV9 Bharatvarsh event, Minister of State for Food and Public Distribution and Environment, Forest and Climate Change, Ashwini Kumar Choubey encouraged and honoured the people working in the road transport sector.

The Minister also shared this information on Twitter and appreciated the vital role of this sector in the pandemic period. Mr Choubey congratulated the awardees and TV9 Bharatvarsh’s team for the campaign to vaccinate truck and bus drivers in the transport sector during the Pandemic. “Today, we have assembled to honor and recognize the leaders of road transport, organized by TV9 Network. During the COVID times, this sector played a pivotal role to supply vaccines and food distribution to the entire nation. Heartiest congratulations to all the winners,” Choubey said.

TV9 Bharatvarsh recognised and rewarded the efforts of nearly 50 transport companies and their promoters together with Continental Tires and Maruti Suzuki Commercial.

On the Leaders of Road Transport Awards, Raktim Das, Chief Growth Officer, TV9 Network (Digital & Broadcasting) said post the event: “Heartiest congratulations to all the winners. We are extremely happy to be able to recognize and reward these unsung heroes who have made last mile connectivity a possibility, in spite of innumerable challenges faced by the sector. When the entire country was in the lockdown, these brave-hearts moved the nation forward with their unstinted commitment and dedication towards service to the nation.”

On the participation in the awards, Samir Gupta, Managing Director, India and Head of Central Asia Region, Continental Tires said: “We are happy to partner with TV9 Network to recognise the businesses and business leaders of the Indian road transport industry. India is one of the largest automotive markets globally and is a very important market for Continental.

Continental has always worked towards empowering fleets with quality and innovative solutions to increase their profitability.”

Awards were distributed in categories like Women Entrepreneurs, Young Business Leader and All India Company of the Year. These awards were divided into four main segments based on fleet size. Mann Tourist Services won the Leader of Road Transport – Commercial Passenger Vehicle award in the fleet size of more than 75 vehicles, and Agarwal Packers and Movers for the All India Company of the Year in the fleet size of more than 300 vehicles.

Shashank Srivastava, Senior ED, Maruti Suzuki India Limited, said: “In a short span of a few years, Maruti has been a huge success in the commercial transport segment with around 22% market share. We are very happy to partner TV9 in this felicitation ceremony to acknowledge and reward the contributions of these individuals and businesses who have contributed to our success in this category.”

The awards were given out to the winners by the hon’ble minister, Samir Gupta, MD, Continental Tires, Kalina Dalibor, Head of Business Area Replacement Tires APAC, Continental Tires and Shashank Srivastava, Senior ED, Maruti Suzuki Commercial; in presence of the key representatives from TV9 including Amit Tripathi, CRO, TV9 Network, Continental Tires and Maruti Suzuki Commercial, in front of an august gathering comprising the who’s who of the transport industry.

Cosmo Films appoints Justin Glass as President for North America operations

Cosmo Films Limited, a Global Leader in Films for Packaging, Labelling, Lamination and Synthetic Paper and an emerging player in Specialty Chemicals, Polymers & Pet care, appointed Mr. Justin Glass as President for their business operations across North America. In his new role, Justin will be responsible for devising growth strategies and expanding business in the North American region for the organisation. In this new role, Justin will report to Mr. Kulbhushan Malik, Sr. Vice President and Head of International Operations, Cosmo Films Limited.

A seasoned business leader with over 25 years of experience, Justin comes to Cosmo Films with diverse experience and expertise in plastics and packaging industry. Justin started his career in plastic industry as a Process Engineer for Bi-axially oriented polypropylene (BOPP) tape films in the extrusion & coating functions and moved on to various technical functions across several primary polymer markets.

Justin holds 15 years of expertise in handling commercial & finance related business strategies and planned execution for large multinational packaging manufacturers serving the food, consumer packaging, pharmaceutical & medical packaging verticals. In his past tenures, he has been associated with DS Smith as Director Commercial Operations; Klöckner Pentaplast as Commercial Director Americas – Food & Consumer packaging; and other organizations.

Welcoming him, Mr. Pankaj Poddar, Group CEO, Cosmo Films Limited said, “With more than two decades long career in films and packaging industry, Justin holds proficiency in leading teams across functions including engineering, sales, marketing, and operations. His expertise in leadership, strategy and business acumen will prove significant to Cosmo Films operations in North America. I am delighted to have him onboard and look forward to his contributions in achieving our strategic goals in thoughtful and innovative ways.”

Commenting on his new role, Mr. Justin Glass, President, North America, Cosmo Films, “Cosmo’s market domination and growth in different film segments is testimony of the dedication of Cosmo team, vision of its leadership, and Cosmo’s Product Quality and Customer service. I am thankful that the leadership has entrusted me with the responsibility of leading and growing their business in North America. I look forward to leveraging the innovative teams at Cosmo Films to help unlock new market opportunities with our partner brands.”

Justin is a Bachelor of Science in Mechanical Engineering from Virginia Tech University, and an MBA from Averett University.

Dollar Missy Appoints Actress Yami Gautam As Brand Ambassador

Dollar Industries, one of the leading hosiery brands in India, has signed actress,  Yami Gautam as the Brand Ambassador for Dollar Missy, the premium and fashionable female wear brand which offers legwear, and basic inner wears.  

“We have introduced Dollar Missy, in 2014, since then it has become an evolving brand. We have been looking for a face which could carry the brand image in the right spirit. Having met the Bollywood diva, Ms Yami Gautam, we knew she would be the best fit for the brand. We always believe in reinventing ourselves. Exactly the reason why we have gone beyond the repertoire of basic everyday necessities like camisoles, panties and bras to expand our product horizon and include fashionable leggings, loungewear and casuals to compliment the wardrobe of today’s woman. Armed with an enviable range of women’s wear, we felt it was time for us to focus on the stylish and colourful range of our legwear specially Churidar, Ankle lengths, Kurti Pants and Capris that complement the finer tastes of new age women of India”, said Mr Vinod Kumar Gupta, Managing Director, Dollar Industries Ltd.

The new Dollar Missy Advertising campaign builds on the fashion quotient and exhibits Dollar’s legwear range as a must-have in every woman’s wardrobe and features Yami Gautam as the ultimate show-stopper.

“We wanted the brand to compliment Yami’s style and grace and therefore decided to drive home the fact that Missy Legwear is a sure showstopper that compliments the style needs of today’s busy woman”, said Mr Sagar Kapoor, Chief Creative Officer, Lowe Lintas.

The campaign film featuring Bollywood star Yami Gautam is seen taking a stroll in a busy thoroughfare, making every passer by turn their heads to notice her in amazement! She casually walks past each and every one, oblivious of the attention she is drawing to herself. The colour of her leggings changes with every step, showcasing 100 plus colours to choose from the brand.

The jingle, ‘Zamana Mudhega‘, is catchy and paces up to the mood of the commercial where a graceful Yami faces her fans oozing out with confidence that the world is bound to notice her whenever she adorns herself with Dollar Missy Leggings.

Dollar Missy has a wide range of leg wears such as churidar, ankle-length, kurti pants, cycling shorts, capri, active wear, lounge wear and is available in 100 plus colour options ranging from Black, Red, Green, Fawn, Mustard, Steel Grey, Mango, White, Fuchsia, Light Lemon, T-Blue, Skin, Bubblegum colours and many more.

The collections in leggings made of 95/5 four way stretch fabric which is comfortable and ideal for party wear, casual wear and formalwear. The Dollar Missy products are perfect for everyday wear.

Dollar Missy also has an exclusive range of Women’s tees including V-Neck and Round-Neck in half sleeves tees made of cool comfy cotton rich fabric so that women can stay comfortable yet stylish all day long in summers.

Dollar will have a 360-degree advertising campaign across print, electronic, outdoor & online media to promote this new commercial. The campaign is currently live across online and offline platforms.