Archive for February 28, 2013

Union Budget 2013-14 embodies strong measures for SMEs’ growth – says Mr. T.R. Bajalia, Dy. Managing Director, SIDBI

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Union Budget 2013-14 embodies strong measures for SMEs’ growth  - says Mr. T.R. Bajalia, Dy. Managing Director, SIDBI

The Union Budget 2013-14 embodies strong features of promoting investment and putting the economy on the high growth path leading to inclusive and sustainable development. With a view to giving boost to small and medium enterprises, some of the benefits extended through the sector include:

Enhancing the refinancing capability of SIDBI from the current level of `5,000 crore to ` 10,000 crore per year. This is helpful in providing credit facilities at affordable rate by SIDBI to micro, and small enterprises through banks and SFCs. This will benefit over 3.5 lakh MSEs. The Budget is quite progressive for the growth of MSME sector.

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Finance Minister has done a fairly good job: R Venkataraman of India Infoline Group

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Comments of Mr. R Venkataraman, Managing Director, India Infoline Ltd. (IIFL) on Union Budget 2013-14

“Given the fact that elections are just round the corner and the grim macro-economic scenario, the Finance Minister has done a fairly commendable job. He has resisted the temptation to announce a populist budget. The good part is that the government finances have not gone out of control and all the necessary steps have been taken in terms of fiscal responsibility. Tax reforms in form of DTC and GST, proposed passing of the insurance and pension bill are steps in the right direction. This shows that reforms are still on the FM’s agenda. Acknowledging the role of FII, FDI and ECB inflows to bridge the current account deficit shows the FM’s practical nature. Reduction of STT for equities and introduction of CTT was on expected lines. Realizing the importance of capex cycle to kick-start the economy, positive steps like approving 3,000 kms of roads, coal price pooling, investment allowance etc have been announced. Overall a practical budget.”

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Meru Cabs Launch a New Mobile Website for Smartphones

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By K. Ashwin Mob: 00919920183006 E-mail: indianshowbusiness@gmail.com

Designed specially for Touch Phones, Meru Cab, India’s favourite and largest radio cab service provider upgrades its mobile website, to the HTML 5 version, making cab bookings simpler and quicker for customers on the go. The website is optimized for touch screens and enables cab bookings directly and quickly from Smartphones. Through this app one can avail of various cutting edge and user friendly facilities like: Trip details stored in the account – One can save themselves the time and the effort of having to type the pick up and drop address each time a cab booking is made. Through this facility, address details of past 5 trips are stored in one’s personal account and regular pick up or drop addresses like “home” or “office” can be saved in My Favourites.

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Lenovo and MTV invite India’s millennials to make musical history in Asia

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By K. Ashwin Mob: 00919920183006 E-mail: indianshowbusiness@gmail.com

Lenovo, in collaboration with MTV, today announced the launch of the Lenovo-MTV CO:LAB, an integrated social platform that will enable the most progressive, creative and talented Millennials from India to share stories about their communities through music. Winning Millennials will connect and collaborate using different skill sets to showcase their talent through an original MTV music video production relating to the theme of the “Pulse of the World”. Leveraging the resources provided by Lenovo and MTV, the concept of the six-month platform is to enable Indians to connect with like-minded individuals with different artistic skills across DJs, Vocalists/Instrumentalists, Film Makers or Motion Graphic Artists, where the winning talents across these four categories are determined by public votes through the Lenovo-MTV CO:LAB website and regional mentors.

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Lakmé Fashion Week Summer/Resort 2013

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By K. Ashwin Mob: 00919920183006 E-mail: indianshowbusiness@gmail.com

Purnima Lamba, Head of Innovations, Lakme with Lakme Fashion Week SR 2013 Grand Finale Designer Namrata Joshipura

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Schedule for the events by HumaraMovie.com at Wassup Andheri Fest

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By K. Ashwin Mob: 00919920183006 E-mail: indianshowbusiness@gmail.com

Launch of Wassup Andheri Fest:

28th February 2013

Abhishek Bacchan to launch WassupAndheri

Time: 10. 30 am onwards

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Shri Abhijit Sarkar bestowed with the prestigious ‘PR Hall of Fame’ Award

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By K. Ashwin Mob: 00919920183006 E-mail: indianshowbusiness@gmail.com

Mr. Abhijit Sarkar, Head – Corporate Communications, Sahara India Pariwar and Director – Sahara Adventure Sports Limited, has been inducted into the prestigious PR Hall of Fame by the Public Relations Council of India (PRCI).

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Free Martial Arts workshop for Woman Journalists in Mumbai

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By K. Ashwin Mob: 00919920183006 E-mail: indianshowbusiness@gmail.com

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Promodome Films’ next ‘Pranam Walekum’ Completed, World wide release in Summer 2013

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By K. Ashwin Mob: 00919920183006 E-mail: indianshowbusiness@gmail.com

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HOLLYWOOD’S BIGGEST STARS WEAR PLATINUM JEWELRY TO THE 85TH ANNUAL ACADEMY AWARDS

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By K. Ashwin Mob: 00919920183006 E-mail: indianshowbusiness@gmail.com

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