Chief Commissioner of Income Tax Hon. A C Shukla had an interactive sessions with the CA fraternity of Pune

Pune, 23 November 2017 :-  Principal Chief Commissioner of Income Tax Hon. Shri A C Shukla had an interactive sessions with the Chartered Accountants fraternity of Pune at Pune Branch of ICAI wherein he presented the views of the department’s expectations from the CA fraternity in Widening and deepening of the tax base. This could be achieved only if the fraternity helps the department in achieving this objective for the overall development of the nation.

He also stated that the CA fraternity are the most important characteristics in the trust they enjoy both of their clients and the government. His emphasis was on being truthful in your thoughts and action which will go a long way in achieving the objective of paying good & honest taxes. He further stated that Direct Taxes are progressive and not regressive as indirect taxes. He narrated the importance in the various historical books written on the subject namely the Vedas and Bhagwat Geeta.

The Principal CCIT also involved the fraternity in busting stress by meditation for which he took efforts.

The interactive seminar was attended by renowned CAs & Principal Commissioners of Income Tax namely Shri.Satyakam Mishra, Pr.CIT-1, Smt. Hemlatha Devi G.V, Pr. CIT-2, Shri Ravindra Patel, Pr. CIT-3, Smt.Bhanumathi M.V, Pr. CIT-4, Shri Ashok Kumar Pandey, Pr. CIT-6.

On the subject of the new Direct Tax code which is in the offing he stated that the new legislation should not only be simple to understand but should also be less compliant.

As far as, Direct tax collection growth in concerned, Pune region stood second in the Nation for which he praised the efforts put in by the CA fraternity and thanked the office bearers of the Pune Branch & Vice –Chairman CA Anand Jakhotiya of WIRC of ICAI for enabling this interactive meet.

India Energy Storage Alliance (IESA) and Indian Electrical & Electronics Manufacturers Association (IEEMA) collaborated by organizing masterclass to develop advanced energy storage manufacturing in India

• Two day masterclass witnessed 37 participants from leading conglomerates making it first of its
  kind in India
• Due to demand from potential participants, the second edition of the workshop is scheduled in
  April 2018 in Mumbai

Pune, India: India Energy Storage Alliance (IESA) along with Indian Electrical & Electronics Manufacturers Association (IEEMA) recently conducted a two day Masterclass on Energy Storage Technology, Applications & Manufacturing Process at Mumbai making it first of its kind in India. This unique program was aimed to help companies entering into or diversifying in advanced energy storage manufacturing. The two day workshop witnessed participants from India’s leading conglomerates.

The focus of Master classes on Energy Storage Technology, Applications & Manufacturing process was to help the industry answer questions like:

• What are the emerging energy storage technologies?
• What is the status of energy storage deployments for stationary and EV applications?
• Where does India fit in the global supply chain?
• How to enter the market i.e. strategizing the business in storage, micro grids and EVs?

To answer all this and more with an unconstrained flow of queries from participants the eminent speakers shared their insights during the workshop.

The workshop was inaugurated by Mr. Shreegopal Kabra (President, IEEMA) while Dr. Rahul Walawalkar (Executive Director, IESA) explained different types of energy storage technologies available across the world along with the technologies which are underdeveloped yet at the commercial scale. Mr. Rajarshi Sen (Technical Advisor, Customized Energy Solutions) provided insights on designing energy storage for different applications using the experience of more than 40 years working in the field of Lead-acid batteries & Renewable Energy. Then Mr. Manjunath Rao (Standards & Program Manager, UL Inc.) shared the different types of standards for stationary energy storage that need and the draft BIS standards that will be adopted in India in next 6 months. Debi Prasad Dash (Director, IESA) provided insights on grid applications of energy storage and also an overview of regulatory initiatives for the adoption of energy storage in India. Mr. Sivaguru Paramasivam (Manager – Energy Storage Solutions at Delta Electronics) explained in-detail the battery manufacturing from cells to modules to the container, issues, and solutions. Dr. H. Purushotham (Chairman and MD, National Research Development Corporation, an Enterprise of DSIR, Ministry of Science & Technology, Govt. of India) explained how government can support new technologies and help new entrepreneurs achieve their dream through technology acquisition and IP protection. Mr. Manuj Khurrana (Invest India) opened the doors to the most important aspect of getting the technology running i.e. money and how to get connected to government. Mr. Shyam Ragupathy (Director- Strategy, Customized Energy Solutions), shared his views on the market entry strategy for energy storage and related business.

The participants were pleased with the insights provided by the industry experts about complete range of energy storage technologies including advanced lead acid, Li-ion batteries, flow batteries, flywheels, ultra- capacitors and other emerging technologies. They also shared insights on the manufacturing and various government programs that can help Indian companies in setting up manufacturing as well as acquiring technology and intellectual property rights. In the concluding session business entry and strategy to highlight key decision factors and risks for venturing into this new market segment was covered. The 2nd edition of the workshop will take place in April 2018.

About India Energy Storage Alliance (IESA):

The India Energy Storage Alliance (IESA) was launched in 2012 to assess the market potential of Energy Storage Technologies in India, through an active dialogue and subsequent analysis among the various stakeholders to make the Indian industry and power sector aware of the tremendous need for Energy Storage in the very near future. IESA aims to make India a Global Hub for research and manufacturing of advanced energy storage technologies by 2020. IESA website: http://indiaesa.info/about-iesa

Press Contact – India Energy Storage Alliance (IESA):

Debi Prasad Das (Director- IESA)

Tel- 9699719818 and Email- ddash@ces-ltd.com

Swati Gantellu (Assistant Manager- IESA)

Tel- 9168429492 and Email- sgantellu@ces-ltd.com

About IEEMA:

IEEMA is the apex association of manufacturers of electrical, industrial electronics and allied equipment in India. Founded in 1948, IEEMA is the first ISO certified industry association with 800+ member organisations encompassing the complete value chain in power generation, transmission and distribution equipment. IEEMA members contribute to more than 90% of the power equipment installed in India. IEEMA plays a crucial policy advocacy role with government and its agencies. It works closely with standardisation bodies, R&D organisations and testing institutes for formulating Indian standards for developing energy efficient products. IEEMA evolves and operates equitable and uniform PVC Clause and due to its unbiased approach, IEEMA PVCs have gained recognition and credibility over last 3 decades. IEEMA holds product specific conferences, seminars and large exhibitions like ELECRAMA which is world’s largest event for T&D equipment industry.

Beer for 50 paisa at All Rounder Shots

No need to burn a hole in your pocket to impress your bae! All you need is 50 paisa to sweep her off her feet! Yeah, you read it right. AllRounder Shots is offering beer pints for just 50 paisa throughout this weekend, where you can indulge in some high octane gaming activities, finger-licking food and lots of beer banter. We’ve got you a paisa vasool deal date for the first 250 couples who walk in, so come along and grab it before anyone else does!

 

When: November 24, 25 & 26, 6 pm onwards

Where: All Rounder Shots, Level 3, Phoenix Market City

ESAF kicks off operations in Mumbai

• Crosses 1000 crore deposit
• Plans to open 145 new branches by March 2018

Mumbai, Nov 22, 2017: ESAF Small Finance Bank, the first bank from Kerala to win a banking license since independence, is all set to open its first branch in the metro city of Mumbai, on Nov 22, 2017.  With an aim to build a pan India presence, ESAF bank will open 145 new banking outlets by March next year.

Speaking at a press conference organised, Mr. K. Paul Thomas, Managing Director and CEO, ESAF Small Finance Bank said, “The banking outlet at Mumbai, Andheri East is the 60th outlet opened by ESAF, since it started operations in March this year. He also said that ESAF has presence in Maharashtra since 2004, with 33 micro banking outlets, especially in the Vidharbha region.”

Currently, ESAF Small Finance Bank has 370 banking outlets including the 60 new retail banking outlets covering 10 states in India. In the coming months, the bank plans to open more number of outlets in the states where we already have presence and will be soon expanding to the North East as well.

“We need to brand as a pan India bank and hence we have decided to open branches in all metro cities in India. A few more branches are coming in Mumbai soon along with other metros like Chennai, Bangalore, Hyderabad and Delhi, followed by Calcutta”, Mr. Thomas added.

So far, the bank has crossed Rs 1000 crore deposit within seven months of operations. It hopes to garner a total of Rs 2500 crore deposit by the end of this fiscal. At the end of the second quarter, ESAF has a cumulative business of over 6,000 crore.

The bank offers a host of modern banking services like ATMs, Debit Card, Safe Deposit Lockers, Internet banking, and mobile banking, SMS banking, RTGS, NEFT and CTS etc. The door step delivery services, SKYPE facility at branches and Hrudaya Deposit Scheme are some of the exclusive features offered by ESAF Small Finance Bank.

Hrudaya deposit scheme, as the name suggests, stands for a social cause, through which, ESAF Bank provides the customers an opportunity to be a part in economic development of the bottom of the pyramid, which is a unique offering from ESAF Small Finance Bank.

Since 1992, ESAF as a financial institution has transformed the lives of 1.8 million families spreading across ten states in India covering the states of Kerala, Tamil Nadu, Karnataka, Maharashtra, Chattisgarh, Madhya Pradesh, Bihar, West Bengal, Pondicherry and Jharkhand. It received an in-principle approval from the RBI in Oct 2015 for setting up a Small Finance Bank and the bank was launched on March 10, 2017.

 The 350 plus outlets of the bank is spread across almost 100 districts with a significant and dedicated workforce. The developmental activities of the bank is spread across the areas of education, health, environment, sustainable energy and various other channels for rural empowerment.

About ESAF Small Finance Bank 

The journey of ESAF began in a small house named ‘Little’ at Thrissur in 1992. Contrary to what the name sounds, ESAF Society was launched with a bigger vision of sustainable holistic transformation of the poor and the marginalized. The success of Grameen bank in Bangladesh reinforced the vision of K. Paul Thomas the Founder and Managing Director of ESAF. In1995, he launched Micro Enterprises Development (MED) services and it resulted in the formation of ESAF Microfinance and Investments Pvt. Ltd., in 2008. The increased focus on microfinance was inevitable as the founder was clear in his understanding of the importance of financial component in holistic economic development of the poor. Gradually, ESAFMicrofinance earned its place among the top ten Microfinance institutions in India.

In 2015, the Reserve Bank of India, the financial regulator in the country has granted in-principle license to ESAF to launch a Small Finance bank. ESAF Small Finance Bank was one amongst the ten NBFCs to receive an ‘in principle’ approval from the Reserve Bank of India (RBI) to set up a Small Finance Bank in the private sector. In November 2016, the final license was issued by the RBI. ESAF Small Finance Bank was incorporated on May 05, 2016, with its registered office in Thrissur.

Forever 21 brings Vidya Vox, Global YouTube Sensation to Pune

~Vidya Vox launches the new store at The Pavillion Mall, Pune~

Pune, November 21, 2017:  Forever 21, one of the most loved international fast fashion brands from Los Angeles, California, and part of Aditya Birla Fashion and Retail Ltd. partners with Vidya Vox, global YouTube phenomenon in India.  The sensational singer launched the new store of Forever 21 at The Pavillion Mall, Pune, today.  Popular for her ingenious mashups, Vidya Vox has been creating successful hybrids by mixing the music of leading global artists and has nearly 300 million views on YouTube with more than 3.5 million subscribers on her Vidya Vox channel.

Forever 21 is the title sponsor of ‘Vidya Vox Kuthu Fire Tour’ which will have Vidya Vox performing live across six cities. She will be performing in Pune on 17th November at Namora Rounds.

Speaking about this initiative, Rahul Jhamb, Brand Head, Forever 21 said, “We are proud to partner with Vidya Vox and Radio Mirchi for ‘Vidya Vox Kuthu Fire Tour’. As an exciting fast-fashion brand from Los Angeles (USA), which has brought new collections in association with budding music stars like Justin Skye, Khaled etc. and music events like Coachella, this association helps us take our consumer engagement a notch higher. Forever 21 is loved worldwide by the young fashionistas, and through this event we provide our consumers with this fantastic opportunity of meeting Vidya Vox in person. Forever21 believes in providing endearing experiences that resonate with the young audiences and this partnership further reinforces our position as the gen-next brand. At Forever 21, we aspire to make the latest global runway trends accessible to fashion-conscious millennials by introducing new styles every week, thus ensuring that we are the most preferred fashion destination in India”.  

 Vidya Vox, added, “I am super excited to be touring with Forever 21 Mirchi Live. A big shout out to my fans in Pune, I look forward meeting you at Forever 21 store in Delhi, Bangalore and Kolkata.  I do hope you enjoy my concert. I love you all and thank you for all your love and support so far, I’m truly grateful.”

 Marking a new chapter in India’s fashion scene, Forever 21’s store at The Pavillion mall, Pune houses the latest Holiday Collection. Complementing Forever 21 apparel and accessories, the store will also feature its in-house brands, including 21MEN™, a line of fresh, fast fashion for men; and Forever 21’s lingerie and shoe line.

Forever 21 hosted an exclusive Meet & Greet with Vidya Vox for the top 10 best dressed customers as well as its digital amplification contest “ Scream Kuthufire “, while the first 200 customers received gift cards worth Rs 500 each. Forever 21 also created a special section called the ‘Happy Queue’ where consumers were entertained with exciting giveaways and games.

About Forever 21

Forever 21 is a California-based fast fashion brand that entered the Indian market in 2010 and has considerably grown since then. With 18 stores in major cities in the country, it has built a strong market for itself and has already become a brand of choice for many fashion conscious women.

 In July 2016, Aditya Birla Fashion and Retail Limited acquired the exclusive online and offline rights to Forever 21’s India network. The partnership between Forever 21 and ABFRL marks a milestone in the creation of the largest integrated branded fashion player in India, with a strong foothold in the women’s wear segment, given the growing popularity of fast fashion and the young demographics of the country.

Forever 21 in India offers clothes and accessories for Men, Women and Girls. With growing demand for its trendy street wear and subtle contemporary pieces, the brand launched its exclusive website (www.Forever21.com/In) for the Indian market in June 2014, and now reaches out to its customers in over 300 towns and cities of the country.

About Aditya Birla Fashion and Retail Limited

Aditya Birla Fashion and Retail Ltd. (ABFRL) was formed after the consolidation of the branded apparel businesses of Aditya Birla Group comprising Aditya Birla Nuvo Ltd.’s (ABNL) Madura Fashion division and ABNL’s subsidiaries Pantaloons Fashion & Retail Limited (PFRL) and Madura Garments Lifestyle Retail Company Limited (MGLRCL) in May 2015. Post the consolidation, PFRL was renamed as Aditya Birla Fashion and Retail Ltd. ABFRL is India’s No 1. Fashion Lifestyle entity, growing at a rate in excess of 20 percent over the last 5 years. ABFRL altogether hosts India’s largest fashion network with over 7,000 points of sale across over 375 cities and towns, which include more than 2,000 exclusive ABFRL brand outlets.

Stallion Riders reigns supreme in the fourth edition of Pune Invitational Supercross League 2017

• Debutants bag the title with a total tally of 438 points 
• Team Greeshm & defending champions Bhalla Royale bag second & third position
• Harith Noah lives up to his reputation as the best rider of the league
• Pune lad Yuvraj Konde Deshmukh wins hearts of the audiences by breaking taking racing
• Only female rider Tanika Shangbhag makes an impression by winning the junior category

Pune:  Riding on a stellar performance of their rider’s debutants Stallion Riders bagged the fourth edition of the Pune Invitational Supercross League 2017 held at Royal Palms, Mundhwa, Pune.

MAJOR CONTRIBUTOR

The three-day supercross extravaganza witnessed quality racing and thrilling performance by top notch international and national. The event which witnessed overwhelming response from the crowd was thoroughly entertained by the riders with some breathtaking action. For Stallion Riders the major contribution came from their riders of SX2 category. The SX2 category fetched them 178 points. Prithvi Singh was the X factor for the team as he contributed with a total of91 points. Out of the six motos, the Chandigarh-based rider bagged the second position in two motos and bagged first position in one moto.

Prithvi was given a tough fight in the category by Javed Shaikh of Goa. Javed represented Team Greeshm which ended up in the second position with a total tally of 424 points. The Goa-based rider was the major contributor to the team’s tally as he contributed with 117 points and emerged victorious in five out of thesix motos and ended in the second position in one moto. Javed was adjudged as the best rider in the category.

HARITH ALL THE WAY

In the SX1 category, Harith Noah of INK Racing dominated the proceedings as he finished first in the five out of the six motos and bagged third position in one moto. Harith was adjudged as the best rider in the category. The current national champion lived up to his reputation as he bagged the best rider of the category for the second time in the league.

NATRAJ LIVES UPTO REPUTATION

The SX3 category, once again witnessed sheer brute force of R. Natraj from Team Bhalla Royale. The Bangalore-based rider won four out six motos and secured second position one moto.

 For team Bhalla Royale the biggest setback was R Natraj not being able to finish the race due to crash in other two motos.  Imran Pasha from Pashankar Racing secured the second position with 96 points from six motos.

YUVRAJ SHINES BRIGHT

The SX junior category witnessed a close three-way fight between Pune lads Yuvraj Konde Deshmukh (Pashankar Racing), Karan Karle (PB Racing) & Devraj Kolhara of Sri Lanka representing Team Greeshm. But there was no stopping the talented and daredevil Yuvraj who topped the category by winning five out ofsix motos and secured the fourth position in one moto.

INTENSE FIGHT

The most sought after category, SX International category saw international riders competing against each other. The category which turned out to be most exciting and intense affair, also witnessed a triangular fight between two South Africans – Anthony Raynard (PB Racing), Kerim Fitz Gerald (Team Greeshm) and rider from USA – Justin Muscutt (Stallion Riders). But the unstoppable Kerim Fitz Gerald bagged glory in the segment with a total of 110 points as he won four out six motos and secured second and fourth position in the other two motos. Anthony secured the second position with 99 points followed by Justin Muscutt with 82 points. Points won by the riders were not considered in the final team’s points tally since it was demo class category.

TANIKA WINS HEARTS

Satara lass Tanika Shanbhag the only female rider in the league won the SX Junior category (Privateer) as she bagged 114 points from six motos. Tanika won four motos, whereas secured the second spot second position in the other two motos.  She was given a tough fight by Satara kid Shlok Ghorpade who secured second position in the category with 108 points.

OVERWHELMING RESPONSE

Speaking about the league, Eeshan Lokhande, Event Director & Partner, Vilo Events said, “As a sport, Supercross is surely gaining in a lot of popularity inIndia. The kind of response we got was overwhelming. The quality of racing throughout the league was fantastic. The league has taken Supercross as a sport tothe next level and has given the sport a huge push. With sold out crowds thronging the venue and leading to an increase in participation and growing involvement and support from the Supercross fraternity. The league has set a new bench mark and has revolutionized the sport in India.”

Eeshan Lokhande further added, “We are really thankful to Panchshil Realty, all other sponsors and team owners for their support. I am confident that next yearthe league will become bigger and better with increase in participation from various corporates across India.”

POINTS AS PER POSITION

First Position	20 Points
Second Position	17 Points
Third Position	15 Points

FINAL TEAM STANDINGS

Sr. No	Name of Team	Total Points
1	Stallion Riders	438
2	Team Greesham	424
3	Bhalla Royale	414
4	Pasahnkar Racing	380
5	PB Racing	351
6	INK Racing	300
7	Lilleria Motorsports	158

TEAM POINTS AS PART CATEGORY

Sr. No	Name of Team	SX -1	SX-2	SX-3	SX-J	Total
1	Stallion Riders	64	178	129	67	438
2	Team Greesham	76	139	124	85	424
3	Bhalla Royale	90	86	173	65	414
4	Pashankar Racing	58	81	128	113	380
5	PB Racing	103	122	36	90	351
6	INK Racing	115	78	48	59	300
7	Lilleria Motorsports	0	62	42	54	158

“Jashn-E-Bachpan”, A happy street where childhood blossoms

Pune, 21 November, 2017: Childhood is always special for  everyone. Innocent smiles on their face conquers the heart of mankind. Children are the real glitters of the world.

To build up the talented generation, this year Sunderji’s Institution in collaboration with  Mind Venture International organised a unique event, “Jashn E Bachpan“, held at Shankar seth road.

Special guests for the event were Shrinath Bhimale and Kavita Vairagi, both corporators in support of MLA Madhuri Misal and also “Jashn–E–Bachpan” was attended by the Tv celebrities ‘Tarun Nihalani and Shivani’ of Dance plus 3 Reality show.

“Jashn–E–bachpan“, a unique event gave  kids and their guardians an Unforgettable fun filled experience which they will remember forever with a smile. As part of the event, numerous activities were planned to keep young ones and their guardians occupied. Jashn e bachpan encompassed art, adventure, play fitness, creative expressions.

The Event was open for all children, and was packed with a wide range of activities such as Jawaharlal Nehru Art and Painting zone, Military Adventure Activities, Bachpan Gully Arena, Drum Circle, Live Music, and so many more activities happened and also food court with number of stalls had been arranged for all hungry tummies.

The main Idea behind “Jashn – E –Bachpan” was for parents, the kids and people of all ages to simply get out and take the street to sing, dance, bicycle, skate or play different games and celebrate happiness.

The heads of Sunderji’s Institutions – Ms Masarrat Tavawala and Mind Ventures International – Mr Lucky Surana said, “the whole purpose of this event is for parents to bond with their kids over activities in a safe environment and for all of us to come together as a community.”