User: meerak Topic: oorvani-blr
Category: all-bengaluru :: bengaluru business
Last updated: Apr 23 2017 16:00 IST RSS 2.0
 
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Home brands augment Craftsvilla's biz 22.4.2017 deccanherald.com
Online ethnic store Craftsvilla is keen on increasing the representation of its in-house brands on the platform to have them contribute to 30% of its revenues in the next two to three months. The company has based this target on the three brands it has launched in the recent past — Avanya, Jharonka and the latest addition Anuswara. Craftsvilla Chief Business Officer Manish Kalra said, "All the three brands cater to different style requirements. While Avanya is a traditional daily wear brand, Jharonka is a premium hand-woven sarees brand and Anuswara is a modern daily wear brand," adding, "Anuswara brings India's unexplored crafts and rich heritage to the daily wear segment." The company plans to launch two to three more brands in the next 12 months. Kalra said, "Seeing how things go, we intend to take up the omni-channel approach to market our brands. Physical stores may be a good way to reach our customers, and build brand identity." Some of the brands may find homes in multi-brands format ...
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Epigamia to add more flavour to yogurts 22.4.2017 deccanherald.com
Epigamia, the Greek yogurt brand of homegrown Drums Food International, has evinced plans to expand its retail presence over the next five years, even foraying into certain foreign markets. Currently, Epigamia is sold through 4,000 touch-points across Bengaluru, Mumbai, Delhi-NCR, Hyderabad and Chennai. "In the next five years, we are aiming to retail Epigamia through 40,000 stores, expanding our presence to 15 cities. Besides, we're looking to tap the Middle East markets of the UAE, Oman, Qatar, and Saudi Arabia, in the second half of this calendar year, followed by Southeast Asia next year," Drums Food International Co-founder and Chief Executive Officer Rohan Mirchandani told DH. Greek yogurt is not new to India, where people have been consuming similar variants of hung curd for thousands of years. Drums Food International — which also set up ice cream brand Hokey Pokey prior to launching Epigamia in 2015 — wanted to diversify into offering a natural, healthy, and protein-rich lifestyle ...
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GRT Jewellers wins PM's Digidhan award 22.4.2017 deccanherald.com
GRT Jewellers has said that its Tambaram branch in Chennai has won a prize from the Government of India for promoting cashless transactions.

Following demonetisation, the Government of India had encouraged all merchants to promote cashless transactions across the country under a 100- day campaign titled Digidhan Yojana. The prize money of Rs 50 lakh, was dedicated to Swatch Ganga Abhiyan by the company. The prize, which was handed over by the Prime Minsiter Narendra Modi, was received by MD of of the chain, G R Radhakrishnan.
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Brigade launches Holiday Inn in Chennai 22.4.2017 deccanherald.com
Bengaluru-based realtor Brigade Group on Saturday announced the launch of its maiden hospitality project in Chennai — Holiday Inn Chennai OMR IT Expressway.

The 202-room property is jointly promoted by Brigade Group and Chennai-based Subramanian Engineering and managed by InterContinental Hotels Group (IHG).

"This is our first-ever project in Chennai and we have spared no effort in ensuring that our hotel, with its contemporary design and services, will soon become a landmark in the city," Jaishankar, CMD, Brigade Enterprises said.

"We are happy to partner with IHG, that will manage our Holiday Inn Chennai. We are confident that our guests can look forward to exemplary service of international standards as may be expected from a hotel of this class," he added.
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Hitachi sets south India as its new priority market 22.4.2017 deccanherald.com
For Johnson Controls-Hitachi Air Conditioning India, South India is a priority market.
With 13% market share, Hitachi is one of the few brands in India which have revolutionised the industry landscape with its advanced technology, the company said in a press release.

"South India has been a priority market for us since a long time, and we are very bullish in capturing this market. Keeping up with the increasing demands of split ACs in Tier II and III markets, we have also launched two new ranges this year namely, Waza and Ridaa. These new stylish round edge design models offer best in class features like 100% cooling capacity that ensure less energy consumption, wide angle deflectors and powerful air flow which ensures that comfort and cooling in every corner of the room," Raman Mishra (Regional Manager - South) said.

In its current product lineup, Hitachi offers approximately 36 new models of room air conditioners with 108 SKUs, the release added.

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Paytm set to join India's decacorn club; to raise $1.5 b 22.4.2017 deccanherald.com
Paytm, a FinTech startup run by One97 Communication and founded by Vijay Shekhar Sharma, is all set to become the second mobile Internet company to join the decacorn club in India once it completes Japan's SoftBank Group funding of $1.5 billion. As per sources familiar with the development, SoftBank will invest in Paytm by buying shares from existing investor SAIF Partners and Sharma. "Besides bringing Snapdeal-owned payment firm Freecharge, SoftBank will also invest in Paytm taking its total valuation to $10 billion," said the source to DH. While unicorns are companies that quickly achieve a billion-dollar valuation, the term was coined by Cowboy Ventures founder Aileen Lee in 2013, a decacorn is a company that achieves a $10 billion valuation. Paytm was valued at about $5 billion in August when the company raised $60 million from Mediatek. When Alibaba and Ant Financial purchased the combined stake of 4.3% from Reliance Capital, SVB (Saama Capital) and SAP Ventures, its valuation reached $6 ...
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Designer khadi: Fashion trend to look forward to 22.4.2017 Hindu: News
Khadi board and NIFT to design and brand 400 khadi products
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Sustainable parking strategies for traffic decongestion in Bengaluru 22.4.2017 Hindu: News
A major issue that the city faces is non-availability of ample parking infrastructure
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Start-up eyes $4 bn. gift card pie 22.4.2017 Hindu: Industry
Qwikcilver is the single largest service provider in the prepaid space
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Concerns on visas conveyed at 'highest quarters' in US: Prasad 22.4.2017 deccanherald.com
Indias concerns over H1B visa related developments have been conveyed at the "highest quarters" in the US, Union IT Minister Ravishankar Prasad said today. The IT ecosystem is based upon "reciprocity" approach, and India neither creates boundaries nor appreciates boundaries, the minister said. Finance Minister Arun Jaitley in Washington had met the Commerce Secretary of the US and conveyed the concerns. "We are proud of the contribution of Indian IT companies in America and around the world. They have paid USD 22 billion as tax revenue in the last five years, they have created 400,000 jobs there, they have given value and competitive edge to nearly two-thirds of the fortune 500 companies," Prasad said. He said the IT ecosystem is based up on reciprocity. "Indian human resource contributes to USAs economy and many US companies also benefit here in Bengaluru and other parts of India who have Indian minds in creating their research products more competitively." Prasad was speaking to reporters on the ...
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Concerns on visas conveyed at 'highest quarters' in US: Ravi Shankar Prasad 22.4.2017 Business Standard: News Now
We are proud of the contribution of Indian IT companies in America and around the world, says Prasad
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Karnataka taps chefs to promote millet recipes, boost consumption 22.4.2017 Business Standard: News Now
State to offer subsidised seeds, assured market & bonus in addition MSP in order to promote millets
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IPL: RCB look to inflict second straight home loss on KKR (Lead Preview) 22.4.2017 All News-IANS Stories
Virat Kohli-led Royal Challengers Bangalore (RCB) will look to continue the momentum from their last outing when they take on Kolkata Knight Riders (KKR) in an Indian Premier League (IPL) fixture at the Eden Gardens here on Sunday.
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Indian IT firms don't steal jobs, create them: Prasad 22.4.2017 All News-IANS Stories
Indian IT companies, which conquered the world with their software skills, don't steal jobs anywhere in the world but create them, asserted Union IT Minister Ravi Shankar Prasad on Saturday.
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'Indian IT cos don't steal jobs, they make jobs' 22.4.2017 TOI: Home
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Indian IT companies don't steal jobs, they make jobs: Ravi Shankar Prasad 22.4.2017 ET: IETS
The immigration policy has left high-skilled Indian tech workers in US in limbo, while IT companies are grappling with higher visa costs and stricter immigration rules.
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Earth Day: Mobility stakeholders help reduce emissions 22.4.2017 TOI: Bangalore Times
Urban mobility for one is seen as a major cause of pollution. But various stakeholders in the sector have come forward to reduce emissions even while businesses kept growing steadily. For example, Uber, which has started ride-sharing service through its platform, has been able to cut down 5352 tonnes of carbon emission since November 2016, in six cities, including Bengaluru.
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RCB's Mills, De Villiers to return for KKR clash 22.4.2017 All News-IANS Stories
Star South African batsman AB de Villiers and England pacer Tymal Mills are expected to return to the Royal Challengers Bangalore (RCB) line-up against Kolkata Knight Riders (KKR) in their Indian Premier League (IPL) clash on Sunday.
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It's difficult to plan against Virat, Gayle: Balaji 22.4.2017 All News-IANS Stories
Kolkata Knight Riders (KKR) bowling coach Lakshmipathy Balaji on Saturday said it's hard to plan against the likes of Virat Kohli and Chris Gayle of Royal Challengers Bangalore, likening it to an armyman going to war.
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Life has changed since six-wicket haul, says Chahal 22.4.2017 All News-IANS Stories
India and Royal Challengers Bangalore (RCB) leg-spinner Yuzvendra Chahal on Saturday said life has changed since his historic six-wicket haul against England in the third T20 International earlier this year, adding he feels more responsible now.
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