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Ethi RAJ.N(Reporter/Analyst,Photographer..)
Ethi RAJ.N(Reporter/Analyst,Photographer..)


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24 March 2018
The Government of Andhra Pradesh and the Andhra Pradesh Tourism Authority, present the highly anticipated, Lepakshi Utsavam 2018 from 31st March to 1st April 2018 at Lepakshi, Andhra Pradesh. This annual art and cultural the festival will showcase mesmerizing performances and lakhs of attendees are expected to visit this event. The 2-day event promises an exciting lineup of performances, activities, and surprises. The event will be spread across 3 venues - MJPBCR School Grounds (Main Stage) and Nandi Temple.
A cycle rally will be held at 9 am on Sunday, 25th March 2018 and will be flagged by Sri Nandamuri Balakrishna, Hon'ble Member of Legislative Assembly, Hindupuramu. The rally will begin from the Kodikonda Checkpost to the Nandi Statue. At 12 pm, there will be balloon hoisting at the MJPBCR School Grounds. On 30th March, there will be a Heritage Walk in Lepakshi.
On 31st March, Gramotsavam will commence at 6.30am in Lepakshi followed by the inauguration of rural sports at 9 am. During the 2 day event, there will be activities and performances from 9 am to 4 pm each day. They will include; Cultural programs by local artists comprising of 300 participants and rural sports. Additionally, there will also be an exhibition cum sale arena including Handicrafts & Handlooms stalls, Food Court, a Flower Show, Fun Games, Folk Arts and much more.
Lepakshi Utsavam 2018 will be inaugurated in a spectacular fashion in the evening on 31st March and will be followed by impressive performances. Sri Nandamuri Balakrishna will play an active role in the proceedings of the inaugural ceremony. A sight to behold; 600 Kuchipudi Dancers will perform at the site of the Nandi statue. Esteemed Chief Minister of Andhra Pradesh, Sri Nara Chandra Babu Naidu Garu, will grace the occasion with his presence and inaugurate the festival. Bhuma Akhila Priya Garu, Hon’ble Minister For Tourism, Telugu Language & Culture will also be gracing the festival with her presence. A colorful procession – the Shobha Krishna Yatra will proceed to the main venue from the Nandi Statue. The inaugural ceremony at the main stage will commence with a classical dance by acclaimed dancer, Achuta Manasa who will perform the traditional Kuchipudi dance. Veteran Telugu artistes will be felicitated, followed by a celebrity dance performance by the popular actress, Surabhi Puranik. Celebrated Indian percussionist, Sivamani will charm the audience with his rhythmic beats. There will also be a variety of local folk performances on the first day.
On the second day of the event, the festivities in the evening will commence with a dance performance by the fans of Sri Nandamuri Balakrishna. The Hon’ble M.L.A will also close the event with a skit that will enthrall the audience. Additionally, a film on Hindupuramu and Lepakshi will be screened, followed by local cultural performances and a special performance by Anup Rubens Band.
The event promises a unique festival experience for visitors of all ages.
For more details about the event, visit/peruse
Twitter/Lepakshi2018. › ... › Anantapur District › Lepakshi › Lepakshi B&Bs / Inns
Photo caption:Unveiling the LOGO +Audio Launch of Lepakshi Utsavam(L-R)
1, Sir G . Veera Pandian - District collector , 2. Shri Kalava Srinivasulu Garu- Minister of Information & Public Relations for Rural Housing, Govt of AP 3. Shri Nandamuri Balakrishna Garu- MLA Hindupur, 4.Shri Pools Nagaraju Krishna Garu - Chairman APTA
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BLUE STAR launches 100 new air conditioners including 40 highly energy-efficient inverter split air conditioners, designed to deliver extraordinary benefits;in Namma BENGALURU:March 23, 2018.
Air conditioning and commercial refrigeration major, Blue Star Limited, has set a new industry benchmark with the launch of 40 new models of highly energy-efficient 3-star and 5-star inverter split air conditioners, designed to deliver extraordinary benefits. This range promises upto 30% Extra Cooling Power resulting in powerful cooling, faster temperature pull-down and extra energy savings; Extra Comfort with precise temperature setting in steps of 0.1°C and 0.5°C; Extra Quiet performance with a ‘soundproof’ acoustic jacket for the compressor; and Extra Purification technology for healthier air.
This state-of-the-art, smart range of inverter split air conditioners from Blue Star meets the 2018 BEE energy-efficiency norms, providing the right match for cooling requirements across residential, commercial and institutional segments.
Installation & Commissioning of Ac's is done free of cost(gratis) for
Educational Institutions/schools...said Mr Thiagarajan.
He also mentioned that the range of BLUE STAR AC's use extremely environment friendly Refrigerants(R 32,R412A..) and are in accordance with the worldwide Standards:Montreal/Kigali(Rwanda)Protocols .
Blue Star, which turns 75 this year, forayed into the residential segment in 2011 and has since, grown from strength to strength, year-after-year by outperforming the industry. Currently, it enjoys a market share of 11.5%.
New line-up of highly energy-efficient 3-star and 5-star inverter split ACs.
Blue Star has set a new standard through its latest line-up of room air conditioners comprising over 100 models, 40 of which are equipped with the latest inverter technologies. The stellar array ranges from 0.75 TR to 4.5 TR across 2-star and 3-star split ACs as well as 3-star and 5-star inverter split ACs. For towns and cities prone to extreme climatic conditions, there is a complete range of inverter split ACs with Hot & Cool Inverter
Technology that cools in summers and heats during winters.3 models of the 5-star inverter split AC range have a smart Wi-Fi feature, enabling the user to operate the machine remotely.These machines with Precision Cooling Technology deliver precise cooling in decimals, as accurate as0.1°C or 0.5°C. In addition, these also imbibe Dual Rotor Technology, resulting in faster cooling, quieter operations and longer durability. The launch of 17 top end models in the 5-star inverter split AC category is yet another industry first set by the Company.
Blue Star’s share in the inverter and 5-star air conditioners segment is higher than that of the industry, signifying that the Company enjoys a preference amongst discerning consumers who purchase premium products. The complete range of inverter models is equipped with eco-friendly refrigerants. The entire series of 3-star and 5-star inverter split air conditioners is designed to operate smoothly within a voltage range of 160V - 270V, without the aid of an external voltage stabiliser.
Top Quality & Reliability are the hallmarks of this Legendary Company,founded by Mr Mohan T Advani in 1943 with a three member team.
New smart customer-centric mobile app ensures enhanced comfort, offers personalisation at its best.
Blue Star’s new smart customer-centric mobile app, in addition to its capability to remotely monitor and control the machine, allows the consumers to personalise their AC profile, group the ACs for better control, optimise settings as well as integrate this app with home automation systems.
Research &Development
Blue Star actively participates in several national and international forums as well as regulatory bodies which are involved in the study of energy-efficiency of products in high ambient temperature conditions; and the technological feasibility and performance of new eco-friendly refrigerants with low global warming potential as well as related safety issues. Blue Star has a world-class,AHRI-certified R&D facility which develops products of international standards that are best-in-class in the industry. Two psychometric labs for air conditioners have received accreditation from National Accreditation Board for Testing and Calibration Laboratories (NABL). With enhanced capability in reliability and electronics, it has a strong foundation for digital and smart products. Blue Star has developed in-house capabilities to test and certify safety compliance of its products. The R&D function continues to have an approved status from Department of Scientific and Industrial Research (DSIR). The Company intends to increase its investment to Rs40 crores in FY19 as against Rs 33 crores in FY18 on new product development as well as its research and design initiatives. Blue Star is committed to develop customised, modern and sophisticated products which can compete with the best in the world.
As regards to distribution, in 2019, Blue Star’s room air conditioners will be available at 4500 outlets in 550 locations spread across the length and breadth of the country, vide exclusive as well as multi-brand sales outlets, service dealers, retail showrooms and modern trade. The Company has a strong installation and service franchise network to support the retailers. Presently, Blue Star has 150 exclusive product stores in the country, and plans to increase it to 200 stores by the end of FY19. Around 52%of Blue Star’s room air conditioner sales are from smaller towns since consumers in these markets are aspirational and prefer premium brands.
The brand offers 0% finance with attractive EMI options vide tie-ups with leading banks and finance firms. Over 25% sales are through such easy finance options.
Blue Star continues to be the largest after-sales air conditioning service provider in the country. All its services are ISO 9001-2008 certified. Currently, there are 500 expert service associates, which will be increased to 750 associates across locations in FY19. As part of its Gold Standard Service Programme, it offers superior after-sales service with the use of several customised smart applications, modernisation of tools and tackles as well as remote monitoring, besides others.
Advertising and Brand Communication
The consumers in the room air conditioners segment are quite brand-conscious, preferring specialist air conditioning players. This has worked to the advantage of Blue Star since it enjoys the reputation of being a premium and aspirational brand, and its rich pedigree and high quality product array has been in conjunction with this image.
In terms of advertising and brand communication, the Company has plans to invest about Rs55 crores in the forthcoming summer season as against Rs 45crores in FY18, with a set of TV commercials supported by ads in mainline dailies, cinema and hoardings. It also intends to enhance its digital marketing efforts in social media as well as the internet. The differentiated value proposition ‘Nobody cools better’ has resonated well with the residential audience, and will continue to leverage Blue Star’s superior expertise in cooling.
Blue Star has been persistent with its strategy of Integrated Marketing Communication comprising mass media, field promotions, digital platforms, Press, events and social media, apart from one-to-one marketing which has helped fortify its brand equity amongst customers and consumers.
Air Coolers and Air Purifiers
Last year, Blue Star expanded its product line in the adjacent category of cooling with the launch of air coolers in limited quantities. Post an encouraging response, the Company is furthering the product reach across all geographical locations with 9 models. Blue Star air purifiers were launched during the festive season with high-end premium models made available to customers, and the range is being expanded to cover all price points during FY19.
Targeted Growth for FY19
Speaking to the Press at a conference held at Bengaluru, B Thiagarajan, Joint Managing Director, Blue Star Limited said, “The room air conditioners market in India grew by 10% in the period between January and December 2017, whereas Blue Star registered a growth of around 15%. There are strong indications of a severe summer and the market is expected to further grow driven by a rise in demand. We have consistently outperformed the market growth rate and year-after-year since 2011,the Company has gained significant market share. Blue Star is now introducing a few innovative models which deliver 30% Extra Cooling Power, faster temperature pull-down and extra energy savings apart from precise temperature setting in steps of 0.1°C and 0.5°C. We are optimistic about the future prospects and once again expect to outperform the market and achieve a market share of 12.5% in FY19.”
For more info/details,please visit/peruse #BlueStar #BlueStarInverterAC #BlueStarRefrigeration
Photo Caption:Mr B Thiagarajan,Joint MD;BLUE STAR Ltd
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Bangalore,17 MARCH 2018: The Forum Kormangala Mall presents Nooran Sisters, Jyoti & Sultana performed live in front of a rapturous,cheering,excited crowd .Jyoti and Sultana individually of ‘Tung Tung’ fame come from a family of Musicians. They presented with great rhythm,soulful lyrics and excellent harmony together; SUFI Pop at it's best ! The enthusiastic audience were clamouring for more & more songs,and enjoyed the show to the hilt,amidst great revelry.
The Nooran Sisters – Jyoti and Sultana individually of ‘Tung Tung’ fame come from a family of musicians. They have been trained in the field of traditional “SUFI MUSIC” for the past of 10 years by their father Ustad Gulshan Meer, son of famous Late Ustad Sohan Lal. Gulshan Meer is grandson of late Bibi Nooran a renowned Punjabi Sufi Singer of her time in the 70’s. He trained them in Sufi music and they decided to sing only Sufi songs. In the field of Indian traditional music mostly it is passed on from one generation to the next that is how they acquired the skills of present singing. That is why the girls are known as “NOORAN SISTERS”.
Over the years they have won many awards. Slowly but surely they are making a mark of their own over the very short span of time. In 2010 the girls were discovered by the famous international music promoter Iqbal Mahal from Canada at an early age and was amazed of hear them sing and ever since he has been trying to suitably promote them.
In 2012, The Nooran Sisters featured on the song 'Allah Hoo' on Coke Studio, which led to their first break in Bollywood with the movie Highway in 2014, with the music director A.R Rahman. After that they also sang in movies like Sultan, Mirzya Dangal and Jab Harry met Sejal. Based in Jalandhar, the Nooran Sisters continue to grow in popularity with their traditional Sufi songs that come straight from the soil.
For more info/details,please visit/peruse #NooranSisters #SufiMusic
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MS DHONI, the Legendary Cricketer inaugurates the Seven By MS Dhoni store at INDIRANAGAR, in Namma BENGALURU
· SEVEN by MS Dhoni - A Fitness and Active lifestyle brand for the #changemakers
· The brand is on a robust expansion plan and targets to open 300+ stores by 2020
Bangalore, 18 March, 2018: On a spree of robust expansion plan, MS Dhoni inaugurates another exclusive brand outlet of Seven by INDIA'S CRICKET Team Ex-Captain cool MS Dhoni at Indira Nagar, Bangalore. The brand, which started its journey in February 2016 has its eminent presence across more than 300 distribution & multi brand outlets, 4 retail outlets across the country and is also available on all leading e-commerce platforms like Jabong, Myntra, Flipkart etc along with its own website
SEVEN, by MS Dhoni houses a wide array of fitness categories such as running, training, outdoor and lifestyle sport with a product portfolio that encompasses an attractive variety of footwear, apparel and accessories for both men and women. Each of SEVEN’s products incorporates industry’s latest technologies across categories and blends to be a perfect combination of style with comfort.
With another feather in Seven’s kitty, the brand is also looking at further investing in research and development for its product portfolio to deliver the best to its customers and will soon be launching their own Design and Innovation Centre with a dedicated team for new developments in the brand’s merchandise mix.
“The brand’s global ambassador, Indian cricketing legend and the only cricketer in the world to win all ICC trophies Mahendra Singh Dhoni commented M.S. Dhoni,” Fitness is a crucial part of each individual’s life. Since the launch the brand has been consistent on the ambition of making fitness accessible to all parts of the country. It gives me immense pleasure to see the brand getting a step closer to its ambition with each passing day. Seven’s products are designed with perfection and are standard for all fitness regimes.
“Mr. Arun Pandey, CMD and Chairman, Rhiti Group, India’s fastest growing conglomerate with interests in sports, fitness and entertainment said,” I am thrilled to have launched one of our key stores with MS Dhoni in the city of Bangalore. This is our first store in a metro city and we aim at further
expanding in the metros and tier II & Tier III cities simultaneously. We are the first Indian sports brand with international quality and standard and are true to the thought of re- infusing the spirit of sportsmanship for a healthy lifestyle. We plan to reach 100 exclusive stores by the end of 2018 and about 300 outlets by 2020.
The new store is at a high street location at Indira Nagar, one of the most prominent location of the Bangalore city. Connecting with the vibrant aura of its brand ambassador, MSD, Seven Brand store is spread across two floors with an ambience which is visually appealing with raw and urban material palette that offers a unique shopping environment. Each layer of the showroom is lit in a warm day light, creating a striking and hypnotic experience for customers. The brand’s #Changemaker attitude can easily be seen resonating throughout the collection at the store.
About Rhiti Group:
Rhiti Group is a fully integrated sports marketing and management company offering athlete representation, sports asset management & marketing, event management, media rights distribution, sponsorship and consultancy services. Founded by Arun Pandey in 2007, Rhiti Group has evolved as India's fastest growing conglomerate with the unremitting support of its leadership team like Mr. Vikas Anand with over 28 years of experience in the retail industry within India and abroad. The company represents a host of professional athletes, including MS Dhoni, Bhuvneshwar Kumar, Faf du Plessis, Mohit Sharma, Neil Taylor, Kaustubh Radkar and many more.
Rhiti Group has varied brands (DRCricket7; Fit7; Inspired Entertainment, Ranchi Rays, Chennaiyin F.C.; SEVEN by MS Dhoni a retailing arm of the company; Bike Festival Of India) under its umbrella with its headquarters in new Delhi and regional offices in Mumbai, London, New York and Singapore.
For more info/details,please visit/peruse #SevenStoreBangalore #Changemaker #MSDhoni
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CENTRAL MALL launches #StripToShorts with Kriti Kharbanda,the super beautiful,photogenic,ravishing Actress :
The popular actress unveiled the campaign in a fun event at JP Nagar Central
Bengaluru, 16 th March 2018: Central, the flagship retail format of Future Lifestyle Fashions, today launched its #StripToShorts campaign at the JP Nagar Central. The campaign was unveiled in an exciting event by popular actress Kriti Kharbanda,who looked sizzling in the Shorts(Hot Pants)
With the onset of summer, the Strip to Shorts campaign by Central is perfectly timed.
As the hottest time of the year is here, Central has brought to shoppers the best collection of shorts along with amazing offers to chill with this summer. With the rising mercury level, shorts seem to be the best thing to laze around in.
With Central’s #StripToShorts campaign, fashionistas can now buy shorts for simply nothing at all Central stores. Shoppers can now buy shorts worth Rs.2000 and get Rs.1000 cashback on Future Pay. Additionally, they will also get after-shopping benefits worth Rs.1000 on Food or Gold class movies.
Vishnu Prasad, CEO at Central, said “With the onset of summer, fashion becomes all about being comfortable. With this thought, we have launched the Strip to Shorts campaign. Shorts is one thing that is fashionable yet comfortable which makes it perfect for summers.”
The launch saw popular actress Kriti Kharbanda talk about Central’s #StripToShorts campaign. The audience also got to click a few selfies with her and were super exhilarated.
About Central:
The flagship retail format of Future Lifestyle Fashions, Central is a chain of fashion departmental stores located in central areas of large Indian metropolises and cities.
Central stores are large-format stores measuring anywhere between 60,000 square feet to 230,000 square feet and offering over 500 Domestic & International brands across every category including men’s-wear, casual wear, ethnic-wear, women’s-wear, kids wear, footwear, accessories, home products, health and beauty. These stores, often located in standalone locations also have food-courts, restaurants, supermarkets and
electronics superstores built within. Central stores are located in large cities like Mumbai, Bengaluru, Hyderabad, Pune, Ahmedabad and Gurgaon, as well as smaller cities like Baroda, Indore, Vizag, Patna and Surat. At present there are 33 Central stores present in 20 cities operating over 3 million square feet of retail space across India
For more info/details,please visit/peruse › ... › Malls in Jp Nagar 2nd Phase › Bangalore Central Mall #CentralMall #StripToShorts #KritiKharbanda
2 Photos - View album
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The Institute of Company Secretaries of India (ICSI INTRODUCES NEW SYLLABUS in Namma BENGALURU:
Bangalore, 16th March, 2018: The Institute of company Secretaries of India introduces new syllabus for Executive and Professional Programmes. The revised syllabus of the Company Secretary course is effective from March 1, 2018. The first examination for CS Executive and CS Professional programme under new syllabus will be held in December 2018 and June 2019 respectively.
The ICSI has constantly strived towards attaining academic excellence and in order to cater to the academic needs of the students and create a legion of ‘Governance Professionals’ who can serve the corporate world optimally, the Institute undertook the process of revising its syllabus and brought out a unique syllabus which encompasses the innovative concepts of Core, Ancillary and Hybrid Subjects.
The Core Subjects aim to create expertise in the future Governance Professionals and in view of this the following have been given emphasis- Company Law, Securities Laws, Insolvency Law, FEMA and GST. The Ancillary Subjects focus upon creation of working knowledge in order to provide support to the Core areas. The following areas are covered under the Ancillary- Accounts, Finance, Taxation, Economic, Business and Commercial Laws and Business and Financial Management. Lastly, Hybrid Subjects ensure integration of Core and Ancillary areas. The Hybrid subjects will cover - Setting up of Business, Governance, Risk and Compliance Management, Drafting, Pleadings and Appearances, Secretarial Audit and Due Diligence, Restructuring and Insolvency Resolution, Corporate Funding, Corporate Disputes etc.
Talking about the new syllabus, CS Makarand Lele, President ICSI said, “The Institute of Company Secretaries of India (ICSI) have always strived to impart optimum knowledge to its students by undertaking revision of syllabus intensively from time to time. Further, Government programmes such as Make in India, Start-up India, Skill India and focus on Ease of Doing Business have created mammoth opportunities for Company Secretaries, which in turn have necessitated bringing out a syllabus which can assist the future governance professionals to align with the Government policies”.
The New Syllabus comprises of Eight papers at Executive Programme and Nine papers at Professional Programme including one Paper to be opted by the students out of eight elective papers namely, (i) Banking- Law & Practice; (ii) Insurance- Law & Practice; (iii) Intellectual Property Rights- Laws and Practices; (iv) Forensic Audit; (v) Direct Tax Law & Practice; (vi) Labour Laws & Practice; (vii) Valuations & Business Modelling and (viii) Insolvency- Law and Practice. Inclusion of the subject titled, ‘Multidisciplinary Case Studies’ will definitely be of immense academic value as it will assist phenomenally in developing the comprehension and analytical skills of the students in solving various critical issues that they may face in their professional career.
Highlights of New CS Syllabus:

· Metamorphosis from theoretical to practical approach
· Imbibing the innovative concept of Core Areas for Company Secretaries, Ancillary to Core - Areas allied to Core Areas and Hybrid - Combination of Core and Allied areas
· Introduction of new subjects in Executive Programme and Professional Programme, like, Jurisprudence, Interpretation and General Laws; Setting up of Business Entities and Closure; Financial and Strategic Management etc.
· Keeping in view the importance and contemporaryness; Elective Subjects have been included in the New Syllabus. Elective subjects focusing on Banking, Insurance, Valuation, Business Modelling, Insolvency, Labour Laws and Forensic Audit will go a long way in enhancing the professional opportunities for Company Secretaries
· Inclusion of extremely relevant Post Membership Qualification and Certification Courses for the Company Secretaries who could not pursue a particular course of their choice when they were students
· A judicious allocation of marks to different parts / components of the subjects of New Syllabus (Executive Programme and Professional Programme)
About ICSI:
The Institute of Company Secretaries of India is a premier national professional body constituted under an Act of Parliament (Company Secretaries Act, 1980). The Institute functions under the jurisdiction of the Ministry of Corporate Affairs, Govt. of India. ICSI has been set up to regulate and develop the profession of Company Secretaries. ICSI has its Headquarters at New Delhi and 4 Regional Councils at Chennai, Kolkata, Mumbai & New Delhi and 70 Chapters spread all over India. It has more than 53,000 members and nearly 4 lakh students on its rolls.
The Institute of Company Secretaries of India (ICSI) is a premier professional body set up under an Act of Parliament, i.e., Company Secretaries Act, 1980, for the regulation and development of the profession of Company Secretaries in India. It functions under the jurisdiction of Ministry of Corporate Affairs, Government of India. The Institute, being a pro-active body, focuses on best and top-quality education to students of Company Secretaries Course and best quality set standards for CS members. The institute has over 53,000 members and about 4 lakh students on its roll.
The Institute of company Secretaries of India introduces new syllabus for Executive and ProfessionalProgrammes. The revised syllabus of the Company Secretary course is effective from March 1, 2018. The first examination for CS Executive and CS Professional programme under new syllabus will be held in December 2018 and June 2019 respectively. First copy of the syllabus brochure was presented to Shri Prakash Javadekar, Hon’ble Union Minister of Human Resource and Development recently.The objective behind this New Syllabus is to provide a 360 degree rounded set of education and development to CS students.The Syllabus Review Board of the Institute came up with this new curriculum for Executive and Professional Program students to ensure the cutting-edge knowledge insights providing empowered Governance professionalswho would march ahead with renewed excellence towards New ICSI 2022.
As you are aware that cutting-edge developments are taking place in the governance of the country under the “Vision New India - 2022”. The Institute as a premier professional body in the field of governance has come forward in support of vision New India, 2022 .The Vision-2022 of the ICSI is guided for the proud inclusion of our fraternity towards pioneering a “New ICSI” under the mantra of “Reform, Transform and Perform”.
Model Code for Meetings of Gram Panchayats
The Institute published Model Code for Meetings of Gram Panchayats to prescribe a set of principles for convening and conducting Meetings of Gram Panchayats and matters related thereto. The principles enunciated in this Code for Meetings of the Gram Panchayats are equally applicable to meetings of Standing Committees, unless otherwise stated herein or otherwise stipulated by any other applicable laws, Guidelines, Rules or Regulations.
International Corporate Governance Code
In pursuance to our professional excellence in governance, the institute initiated to conceptualize the International Corporate Governance Code for the first time in the world when no one has ever thought of having a universally accepted Corporate Governance norms. In order to set this code, a work of distinction and merit, the Institute invited the suggestions from its members and related stakeholders too.
Code for Charity Governance
ICSI formed a Core Group to look into the grey areas in functioning of charitable entities and propose a Code for Charity Governance. The Code envisages 9 Principles which touch upon different activities of these entities and aims to provide the governance mechanism. This Code will fill a long overdue gap in their governance to ensure that they remain true to their purpose and achieve the ultimate goal of empowering national governance.
Corporate Anti Bribery Code
Comprehending the significance transparency and accountability in suitably placing an inclusive culture of good government in New India, 2022, the government mandates the practices of curbing corruption and eliminating of black money at the utmost precedence. Accordingly, the Institute released a Corporate Anti Bribery Code with the chief objective to ensure that neither the company not any of its employees, directors or authorised representatives indulge in bribery in any of their actions taken for and on behalf of the company in the course of economic, financial or commercial activities of any kind.
Members and Students are the upmost priority of the Institute and the institute is active in building capacity of its members as well as students in the core areas of practice along with the emerging trends in Governance .
The Institute launched various initiatives for constant advancement and progression of knowledge and understanding of its members and students. Few among them are listed as below:
· New Syllabus at all levels under 360 Degree Approach,
· Post Membership Qualification Course for Members on GST, Internal Audit and Valuation
· Info Capsule
· Student Professional Today
· Training for GST Account Assistants
· GST News Letter
· GST Point
· GST App
· GST Educational Series
· ICSI FinanCS
A Company Secretary can play an important role by being an advisor and facilitator for due compliance of laws to the general business community and corporate world as well. A Company Secretary is a Goods & Services Tax Practitioner and is eligible to undertake the following:
· Furnish details of outward and inward purposes
· Furnish monthly, quarterly, annual or final return
· Make deposit for credit into the electronic cash ledger
· File an application for amendment or cancellation of registration
The Institute of Company Secretaries of India has organised a number of Webinars to educate its stakeholders and keep them updated. The Webinar series on GST has covered issues like Migration, Transition, Valuation, Refunds. As a major initiative ICSI initiated Memorandum of Understanding with National Skill Development Corporation (NSDC).
The Institute is actively engaged in activities relating to Financial Literacy and Investor Education since 2005. Accordingly, the Institute launched financial literacy campaign across India educating elected public representativesi.e Members of Rajya Sabha, Members of Lok Sabha, Members of Legislative Assembly in every state, Municipal Committee Councillors and Sarpanches at Rural Levels.
Since 2005, the Institute is registered under the Investor Education and Protection Fund (Awareness and Protection of Investors) Rules, 2001 and has organized more than 4100 Investor Awareness Programmes under IEPF. Further, with a view to create investor awareness in the entire country, Institute has identified Resource Persons for organization of Investor Awareness programmes. The Resource Persons are Professionals/Professors/Capital Market Experts/Retired Teachers of Universities/Schools / Masters in Commerce and are well versed in the fields namely Finance, Accountancy, Commerce, Law, and Management alike which are relevant for Investor Issues.
Revised Secretarial Standards on Meetings of the Board of Directors (SS-1) and General Meetings (SS-2) issued by ICSIwere released by Shri Arun Jaitley, Hon'ble Union Minister for Finance &Corporate Affairs, recently .
The revised SS-1 and SS-2 shall be applicable to all the companies (except the exempted class of companies) w.e.f. 1st October, 2017 and accordingly all Board Meetings (including meetings of committees of Board) and General Meetings in respect of which Notices are issued on or after 1st October, 2017 need to comply with the revised SS-1 and SS-2. The existing SS-1 and SS-2 are applicable to the Board Meetings and General Meetings held on or before 30th September, 2017
ICSI released the Secretarial Standard on Dividend (SS-3) at its Golden Jubilee Year National Convention of Company Secretaries (45th National Convention). The SS-3 is effective from 1st January, 2018 for voluntary adoption by companies.
MACS adopts Secretarial Standards Issued by ICSI
The Malaysian Association of Company Secretaries (MACS) has adopted Secretarial Standards issued by The Institute of Company Secretaries of India (ICSI) as the benchmark in development of their Secretarial Standards. It is a matter of pride that Indian Standards are being adopted by a foreign professional body in the course of formulation of their own similar standards. The secretarial standards on meetings of Board of Directors and General Meetings were approved by the Ministry under provisions of the Companies Act, 2013. These standards came into effect on July 1, 2015.
The Institute of Company Secretaries of India (ICSI) is set to introduce four new auditing standards to harmonise the secretarial audit process and help maintain "quality and compliance" in the companies.These four auditing standards for the secretarial audit and other certifications will be required to be followed by Company Secretaries in practice. Once these auditing standards are followed by Corporates, the quality and the compliance would be maintained.
It is a mandate for all the listed companies in India to conduct secretarial audit through a practising company secretary since 2013. The New Auditing Standards cover issues of compliance, core governance, core reporting ,and core processes that a company is adopting. The new auditing standards are at their final stage and would be released within the next one or two months.
A CS is now recognised as a “registered valuer” under the new valuation rules issued by the Ministry of Corporate Affairs. The notification of these rules - Companies (Registered Valuers and Valuation) Rules 2017- is expected to bring clarity regarding various aspects of valuation and registered valuersand have major impact on industry, professionals, stakeholders and Government as well.
In order to enable the members of ICSI, other professionals and eligible persons to register as Registered Valuers, ICSI has incorporated a not-for-profit private limited company under Section 8 of the Companies Act, 2013, by the name ‘ICSI Registered Valuers Organization’. The entire shareholding of the said company is held by ICSI. This is a new area of opportunity as the said Rules recognize Company Secretaries to be registered valuers for the asset class viz. Securities and Financial Assets.
The Instituteis persistently supporting the Government of Indiain establishing and promoting good corporate governance not only at national level but also globally.
The Institute has extended its support to persons/companies overseas to guide and facilitate setting up of business in India. The High Commission of India in Kenya and Malaysia have placed the link of ICSI website to apprise the populace in respective countries with the ease and information on setting up business in India.
The Institute has Launched PMQ Course in specialized subject, namely, Banking Law and Practice, Insurance Law and Practice, Capital, Commodity and Money Market; Intellectual Property Rights-Law and Practice; and International Business- Law and Practice, Launched PMQ Course in Competition Law and Restructured PMQ Course in Corporate Governance.The Institute has also launched a Course on Valuation.
· 50% Concession in Registration and Examination Fee has been introduced for War Widows and Wards of Martyrs of military and para-military forces.
· Full Time Integrated Company Secretaryship Course has been introduced at CCGRT, Navi Mumbai. Full Time Courses are being planned at more locations in a phased manner.
· The Institute has created ‘ICSI Students Education Fund Trust’ which encourages and motivates both economically backward & academically bright students to pursue the Company Secretaryship Course. It has been one of important initiatives of the Institute to impart education to economically needy and academically bright students at zero cost thus contributing to the objectives under nation building and social responsibility.
· ICSI Signature Award Scheme has been introduced by the Institute in furtherance of its objectives to nurture best talent available and facilitate meaningful collaborations between the institutions in the higher education sector for the benefit of student community. Under this Scheme, Top Rank Holder in the B.Com. Examinations of respective Universities and topper of selected programmes/ papers of IIMs / IITs shall be awarded a Gold Medal and Merit Certificate. Top three rank holders in the aforesaid examinations shall also be eligible for waiver of Registration Fee while registering for the CS Course in Executive Programme.
· CS Olympiad has been conducted for students of Classes 11 and 12 during 2016-17 and 2017-18.
· In order to augment the reach and level of services being provided through its Regional Councils & Chapters, ‘ICSI Study Centre Scheme’ was launched on 2nd October, 2015. The objective of the Study Centre Scheme is to break the distance barrier between ICSI and its students.
· The Institute has launched a Fee Waiver Scheme for students of Jammu & Kashmir and North Eastern States of India in 2017 to provide an opportunity to the youth of these States to come to the mainstream. The initiative is expected to play a significant role in empowerment of the youth of such areas.
· The Institute has introduced a Coaching Fee Waiver Scheme for the benefit of students from Union Territories (except for Delhi and Chandigarh) under the scheme ,students from these regions may undergo coaching from the nearest Regional/ Chapter Offices without paying the requisite fee.
Members at Bengaluru
Number of Total members in Bengaluru is 2666.
Students at Bengaluru Chapter total 10793
For more info/details,please visit/peruse #ICSI
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BANDHAN BANK IPO open 15 -19 March 2018; roadshow launches in Namma BANGALURU.
BANGALORE,15 March 2018
Bandhan Bank Ltd. is an Indian banking and financial services company headquartered in Kolkata, West Bengal. Bandhan, which started as a micro-finance company in 2001, received banking licence by Reserve Bank of India in 2014.
Incorporated in 2014, Bandhan Bank Limited is Kolkata, West Bengal based commercial bank focused on micro banking and general banking services. Bandhan Bank has a license to provide banking services pan-India across customer segments. Bank offer a variety of asset and liability products and ...
The Price Band for the @bandhanbank_in IPO is fixed from Rs. 370 to Rs. 375 per Equity Share. Bids can be made for a minimum lot of 40 Equity Shares and in multiples of 40 Equity Shares thereafter.The bank plans raise around Rs.4,473 cr. through its IPO
The initial public offering (IPO) of Bandhan Bank, which was opened on March 15, received 88% subscription by the end of day 2. Bandhan Bank proposes to raise Rs4,473cr throught he IPO. The bank had put on offer up to 119,280,494 equity shares, consisting of a fresh issue of up to 97,663,910 equity shares.
Post IPO promoters holding in @bandhanbank_in will go down to 82% from 89%.
Bandhan Bank’s core strength and focus would be in the micro-finance business in which it has a market share of about 20 per cent in the country.
RBI norms require it to bring down to 40% & @SEBI_India rules call for 1yr. lock-in for promoters post IPO. "We will approach the regulators for some relaxations,' SK Ghosh, MD & CEO @bandhanbank_in
For more info/details,please visit/peruse
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Bajaj Electricals launches first IoT Air Cooler in Namma BENGALURU :
- Bajaj COOL.iNXT,the "COOL ONE",Internet ready/savvy,State of the Art
IoT Tech...
The ‘Wi-Fi Direct & Internet Enabled’ air-cooler that can be operated from anywhere in the world via a mobile app
BANGALORE, March 8, 2018: Gearing up for the Indian summer season, Bajaj Electricals Ltd., India’s leading consumer durable and lighting company, today launched the first of its kind IoT enabled air cooler– Bajaj COOL.iNXT. With the launch of this IoT product, Bajaj Electricals aims to improve customer’s experience through smart technology and intuitive designs. In the next two years, the company expects a huge potential for IoT enabled air coolers, not only from the residential space but also commercial.
The unique features of Bajaj COOL.iNXT can be accessed through a smartphone from anywhere in the world. The specially designed app provides complete control to its unique features and functions at the fingertips of the user making the cooling experience smart and convenient.
Being the pioneer of new age intelligent IoT technology, Bajaj COOL.iNXT has the following features that differentiate it from other air coolers:
• 3 Methods of Control: With the state of the art mobile app; IR
remote and digital control panel
• Easy ‘Wi-Fi & Internet Enabled’ operation with the mobile app
• Intelligent Sensor that reads the temperature and humidity of the
• Auto mode to automatically adjust the fan and cooling speed on
the basis of the temperature and humidity of the room
• 5 level speed control and 4 cooling levels
• Digital control and display panel
• Digital low water level indicator
• Honeycomb cooling media for efficient cooling
• Ice Chamber for faster cooling
Mr. Anant Bajaj, JMD, Bajaj Electricals, speaking on the launch said, “We are extremely excited and proud to launch India’s first IoT enabled Air Cooler. Real intelligence is when technologies interact with one another to make things effortlessly happen. We want the technology to earn a permanent place in everyday life, where IoT technology will play a crucial role making the process of cooling homes and commercial spaces smarter, effective and effortless. Realizing the market dynamics and the ever-evolving consumer needs, we at Bajaj Electricals Ltd. promise you to bring in technology that will improve consumer lifestyle.
Realizing the importance of rapid transformation in the market place, Bajaj Electricals Ltd. through its R&D Centre ‘AB Square’ aims to drive innovation and introduce cutting edge solutions in IoT space. Recently, the research and development center has been certified Platinum Status for Leadership in Energy and Environmental Design (LEED) by the United States Green Building Council (USGBC) which is the highest Green Building Standard for its design, operation and maintenance that aims to help, building owners and operators be environmentally responsible.
About Bajaj Electricals Ltd:
“Bajaj Electricals Limited, a trusted Indian company is a part of “Bajaj Group”. A globally renowned company, Bajaj Electricals is present across Consumer Products (Appliances, Fans and lighting), Luminaires, EPC (Illumination, Transmission Towers and Power Distribution) and Exports divisions. The company has 19 branch offices spread across the country with approximately 462 customer care centers and around 70 exclusive showrooms called ‘Bajaj World’.
In addition, Bajaj Electricals also has licensing agreement with Morphy Richards since 2003 to market and distribute products under the brand name in India.
In May 2017, the company embarked on a digital transformation journey with a focus on enhancing the customer experience in the B2B and B2C space through an initiative called ‘Project Evolve’. The company has built a state of art digital center at their Sion office in Mumbai which will act as the fulcrum of its digital transformation journey. The center will endeavor to understand the pulse of the industry and brand through real time monitoring and will effectively utilize social media to understand consumer sentiments and help the organization make informed decisions.
For more info/details,please visit/peruse #BajajElectricals #BajajAirCoolers
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All India Mahila Empowerment party (MEP) announces 50% reservation for women candidates
Bengaluru, 11 March 2018: The newly launched Mahila Empowerment Party (MEP) has made all the right moves by announcing 50% reservations to women candidates in the upcoming elections across India.
The announcement was made Dr. Nowhera Shaik, founder and president of All India Mahila Empowerment Party, at a rally held at the Palace ground. The move has been welcomed and applauded by one and all.
MEP will be fielding its candidates on all 224 Lok Sabha seats, starting with Karantaka Legislative Assembly elections that will be held in April this year.
MEP is a secular party that believes in Justice with Humanity and aims to fight for women empowerment, democracy and equality of all citizens irrespective of gender, caste, creed, region, religion and social status.
MEP aims to fight against illiteracy, child Labour, child abuse, and crimes against women for a better society.
Addressing the huge crowd at the rally, Dr Shaik said, “For 70 years, political parties across India have nothing but empty promises. Women are taken for ride for their welfare and rights. Its high time women should take up the challenge. MEP has been founded with this agenda and has already taken a concrete step in this direction. Women have stood up against all odds and are confident that we will win. MEP is a party with a difference.”
Dr. Nowhera Shaik, CEO of Heera Group, a conglomerate of companies headquartered at Hyderabad and businesses spread in India and Gulf, has forayed into politics after a successful stint in social welfare and business. MEP has been floated as she has felt a huge gap when it comes to delivering schemes and promises to the common citizen of India, especially women.
For more info,please visit/peruse #AllIndiaMEP #NowsheraShaikh #MEPconventionBangalore
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Amidst glitz and glamour, the Karnataka edition of Mrs. India – I am Powerful
successfully concluded in Namma BENGALURU on 10 th March 2018, at The Zuri Hotel,in the heart of the IT belt,Whitefield. The chosen finalists from Karnataka displayed their skills and abilities as they wowed the audiences and judges, reaffirming the fact that age and marital status is no barrier for a woman to showcase her talent. After a series of competitive levels, MRS. MONICA RAJ was chosen as the winner, followed by Mrs. Rekha Reddy and Mrs. Nora Rashmi who was declared First and Second Runners-up respectively. MRS. MONICA RAJ will now progress to take part in the grand finale, which will be held in Goa at a later date. The penultimate winner will then qualify and stand a chance to represent the country at international level.
The star-studded event was graced by renowned artists and celebrities. Noted celebrities from Sandalwood included Mr. Chandan Gowda, Ms. Spurthi Vishwas, Mr.Ajit Jayaraj, Ms. Bynathi Sunil were present for the event.
The one of its kind pageant celebrates the power of womanhood and raises the voice for women empowerment. Apart from the glamour on display, the event also raised some important issues concerning women. To showcase the power of inner beauty, acid attack victims walked the ramp, inspiring hope and confidence.
Heart-warming stories were shared by the victims, which was organized by
Pragya of Atijeevan Foundation. The event also witnessed the launch of Khadi by all celebrities involved.
Nandini Nagaraj, Organiser ; Regional Director, Karnataka for Mrs. India – I am Powerful was delighted at the success of the event as she expressed her excitement quoting, “Looking at the massive response we got during the audition, we had an intuition that Karnataka’s edition would add strength to the event, which has already become a phenomenon across the country. The unique thing about the pageant is it allows women aged between 22 to 55 years and any women who are married, divorced, with or without kids can participate and make it a platform to express their potential and realize their dreams. The event proved the fact that there are many hidden talents, which need the initiative to come to the forefront, and I am glad our event was one such initiative.”
Like other state editions, the finalists from Karnataka underwent a series of
grooming sessions, confidence boosters, hair and skin consultations under the watchful guidance of Ms. Nandini Nagaraj, who herself is a successful model, actress, and a film producer. The pageant is conceptualized by Jaz Preet, winner of Mrs. Asia International – India's Charming Face. Ever since its inception, the event has caught the attention of media, especially on digital platforms and has received an overwhelming response.
For more info/details,please visit/peruse #MrsIndiaKarnataka #MonicaRaj
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