Monday, August 3, 2015

BWI: वायाकॉम ने भारतीय क्षेत्रीय नेटवर्क में 50% हिस्सा हासिल किया

 
Source : Viacom Inc.
Monday, August 3, 2015 12:39PM IST (7:09AM GMT)
 
वायाकॉम ने भारतीय क्षेत्रीय नेटवर्क में 50% हिस्सा हासिल किया
 
Mumbai, Maharashtra, India and New York, United States

वायाकॉम इंक. (नैसडैक : वायाबी, वाया), ने आज एलान किया कि उसने 9.4 अरब रुपए (करीब $153 मिलियन अमेरिकी डॉलर) में प्रिज्म टीवी प्राइवेट लिमिटेड में 50% हिस्सा हासिल कर लिया है। प्रिज्म टीवी भारत में क्षेत्रीय मंनोरंजन चैनल का स्वामी है और इनका परिचालन करता है। इनमें ईटीवी मराठी, ईटीवी कन्नड़, ईटीवी बांग्ला, ईटीवी ओड़िया और ईटीवी गुजराती शामिल है। इन सबों को हाल में ‘कलर्स’ नाम के तहत रीब्रांड किया गया है।    

यह सौदा शुक्रवार को पूरा हुआ और वायाकॉम इंक की पूर्ण स्वामित्व वाली सहायिका निकेलोडियॉन एशिया होल्डिंग्स पीटीई लिमिटेड और शिनानो रीटेल प्राइवेट लिमिटेड के बीच हुआ है। शिनानो रीटेल - रिलायंस इंडस्ट्रीज लिमिटेड की पूर्ण स्वामित्व वाली सहायिका, रिलायंस इंडस्ट्रीयल इनवेस्टमेंट्स एंड होल्डिंग्स लिमिटेड के 100% प्रभावी स्वामित्व में हैं। सभी पक्षों को भारत के विदेशी निवेश संवर्धन बोर्ड से इस महीने के शुरू में क्लीयरेंस मिल गया था।

इस अधिग्रहण के बाद प्रिज्म टीवी का 50% वायाकॉम इंक के पास होगा और बाकी 50% नेटवर्क 18 ग्रुप के पास बना रहेगा। यह वायाकॉम 18 संयुक्त उपक्रम में वायाकॉम का पार्टनर रहेगा। वायाकॉम 18 भारत में सबसे तेजी से बढ़ने वाला मनोरंजन नेटवर्क है जो 10 चैनल चलाता है। इनमें एमटीवी निकलोडियॉन, कॉमेडी सेंट्रल और कलर्स है। यह हिन्दी में सामान्य मनोरंजन का अग्रणी ब्रांड है। इस करार से वायाकॉम को तेजी से बढ़ते क्षेत्रीय टीवी के बाजार में अच्छी उपस्थिति का मौका मिला है। देश के 1.2 अरब लोगों में 60 प्रतिशत आबादी अपनी पहली भाषा के रूप में क्षेत्रीय भाषा बोलती है। कुल मिलाकर, भारतीय बाजार में क्षेत्रीय टीवी स्टेशनों का हिस्सा दूसरा सबसे बड़ा है। और इससे आगे सिर्फ हिन्दी के सामान्य मनोरंजन चैनल हैं। 

वायाकॉम के प्रेसिडेंट और सीईओ फिलिप डॉमैन ने कहा, “हमें खुशी है कि दुनिया भर में टेलीविजन के सबसे बड़े और सबसे तेजी से बढ़ते बाजारों में से एक में हमारी उपस्थिति का विस्तार हो रहा है और साथ ही, नेटवर्क 18 के साथ पहले से ही मजबूत संबंध और मजबूत हो रहे हैं। यह अधिग्रहण वायाकॉम की अंतरराष्ट्रीय विकास रणनीति में एक प्रमुख बाजार, भारत में हमारी अग्रणी स्थिति बनाने में एक महत्त्वपूर्ण कदम है।”

नेटवर्क18 के ग्रुप सीईओ एपी परिगी ने कहा, “वायाकॉम इंटरनेशनल मीडिया नेटवर्क्स द्वारा द्वारा यह अधिग्रहण नेटवर्क 18 के साथ साझेदारी को गहराई व विस्तार के लिहाज से और मजबूत कर देता है। मुझे यकीन है कि आने वाले वर्षों में भारत मनोरंजन का अंतरराष्ट्रीय पावरहाउस बनेगा।”

वायाकॉम इंटरनेशनल मीडिया नेटवर्क्स के सीईओ और प्रेसिडेंट बॉब बकीश ने कहा, “क्षेत्रीय टीवी नेटवर्क्स और क्षेत्रीय विज्ञापन बाजार – भारत में विकास की अगली आंधी है। मजबूत राष्ट्रीय और विस्तृत क्षेत्रीय उपस्थिति हमें एक शक्तिशाली मंच देता है ताकि हम अतिरिक्त ब्रांड और देश भर में सफल फ्रैंचाइजी तथा फॉर्मैट पेश कर सकें।”

वायाकॉम 18 के ग्रुप सीईओ सुधांशु वत्स ने कहा, “यह अधिग्रहण वायाकॉम और नेटवर्क 18 के लिए एक बड़ी उपलब्धि है और इससे पता चलता है कि भारतीय बाजार के लिए एक शक्तिशाली प्रसारण पेशकश तैयार करने का उनका मिला-जुला इरादा कितना पक्का है। हम इस सौदे और दोनों कंपनियों के लिए विकास के अगले चरण से खुश हैं।”

वायाकॉम के बारे में

वायाकॉम के पास कई प्रमुख अंतरराष्ट्रीय मीडिया ब्रांड हैं जो टेलीविजन के लिए अच्छे कार्यक्रम, फिल्में, वीडियो, ऐप्प्स, गेम्स, उपभोक्ता उत्पाद, सोशल मीडिया के लिए और अन्य मनोरंजन सामग्री बनाते हैं जो 165 से ज्यादा देशों और क्षेत्रों के दर्शकों के लिए होता है। वायाकॉम मीडिया नेटवर्क्स और इसमें निकलोडियॉन, सीएमटी, निक जूनियर, टीननिक, निकटून्स, टीवी लैन्ड, निक ऐट नाइट, एमटीवी, वीएच1, कॉमेडी सेंट्रल, स्पाइक लोगो, बीईटी, सेंट्रिक, चैनल5 यूके, टीआर3एस, पैरामाउंट चैनल और वीवा शामिल हैं – की पहुंच दुनिया भर में 3.2 अरब टेलीविजन ग्राहकों तक है। पैरामाउंट पिक्चर्स फिल्म वाले मनोरंजन का एक अहम अंतरराष्ट्रीय निर्माता और वितरक है। वायाकॉम और उसके कारोबारों के बारे में ज्यादा जानने के लिए www.viacom.com पर आइए। वायाकॉम के ब्लॉग blog.viacom.com और ट्वीटर फीड www.twitter.com/viacom के जरिए  वायाकॉम की खबरों से वाकिफ रहिए।      
  
टीवी 18 के बारे में

टीवी18 ब्रॉडकास्ट लिमिटेड समाचार चैनल – सीएनबीसी - टीवी18, सीएनबीसी आवाज, सीएनबीसी-टीवी18 प्राइम एचडी, सीएनबीसी बाजार, सीएनएन-आईबीएन, न्यूज18 इंडिया, आईबीएन7 और आईबीएन-लोकमत (लोकमत समूह के साथ साझेदारी में एक मराठी क्षेत्रीय समाचार चैनल) का परिचालन करता है। टीवी18 वायाकॉम, वायाकॉम 18 के साथ संयुक्त उपक्रम का संचालन भी करता है और इसमें लोकप्रिय मनोरंजन चैनल – कलर्स, कलर्स एचडी, एमटीवी, सोनिक, कॉमेडी सेंट्रल, वीएच1, निक निक जूनियर और निक टीन जैसे चैनल्स शामिल हैं। वायाकॉम 18 मोशन पिक्चर्स इस समूह का फिल्म्ड एंटरटेनमेंट कारोबार है। टीवी 18 ने भी ए+ई नेटवर्क्स | टीवी 18 (ए+ई नेटवर्क्स और टीवी 18 का एक संयुक्त उपक्रम) के जरिए भारतीय फैक्चुअल मनोरंजन क्षेत्र में कदम रखा है और हिस्ट्री टीवी 18 का परिचालन करता है। टीवी 18 और वायाकॉम 18 ने एक रणनीतिक संयुक्त उपक्रम भी बनाया है इसे इंडिया कास्ट कहा जाता है। यह एक बहुमंचीय कंटेंट ऐसेट मोनेटाइजेशन इकाई है जिसे टीवी 18, वायाकॉम 18 और अन्य प्रसारणकर्ताओं के भिन्न चैनल्स के लिए देसी और अंतरराष्ट्रीय चैनल के वितरण, प्लेसमेंट सेवाएं और कंटेंट सिंडिकेशन जैसे काम करना है।  

स्रोत रूपांतर बिजनेसवायर डॉट कॉम (businesswire.com) पर देखें : http://www.businesswire.com/news/home/20150731005313/en/
 

संपर्क :
वीआईएमएन (एनवाई)
जुलिया फेल्प्स, +1 212 846 5288
Julia.phelps@vimn.com
या
वीआईएमएन (लंदन)
मैट्ट बेकर, +44 203 580 2101
matt.baker@vimn.com
या
नेटवर्क 18
अमर्त्य राय, +91 9920420446
amartya.ray@network18online.com
 

 
 

KEYWORDS: Business/ Finance:Advertising, PR & marketing, Media & Entertainment, Technology, Telecommunications;General:Consumer interest, Entertainment

 

To ensure that you continue to receive email from Business Wire India in your inbox, please add businesswireindia.com to your Address Book or Safe List.

 
To submit a press release, click here.
To unsubscribe or modify your Business Wire India settings, please visit your profile page on Business Wire India.

Connect with us on: Facebook | Twitter | Google+
 
 

BWI: Steelbird Added Wings to Young Dreams "Main Thak Gaya" the Debut Song by Devotee Insanos - Abhishek, Anurag and Jayant Reveals a Chemistry of 3 Friends

 
Source : Steelbird Hi-Tech India Ltd.
Monday, August 3, 2015 12:20PM IST (6:50AM GMT)
 
Steelbird Added Wings to Young Dreams "Main Thak Gaya" the Debut Song by Devotee Insanos - Abhishek, Anurag and Jayant Reveals a Chemistry of 3 Friends
 
New Delhi, Delhi, India

Steel bird Helmets a leading name in helmet industry which has recently debuted Music and entertainment industry after giving a super hit musical surprise 'Aankhan da Khumaar' has come out with another creation Main Thak Gaya.

According to Mr. Rajeev Kapur, Managing Director Steelbird Group, "Sometimes, talent lives inside seemingly ordinary individuals, the spark, the talent fading before it can reach its zenith".


“But there are times when talent is driven, passions unbridled, ambition riding strong – and that is when you need a guiding friend, a mentor if you will, a strong trustworthy support. This is where Steelbird Entertainment entered the lives of Devotees Insanos, a band formed by three very talented singer/musicians - Abhishek, Anurag and Jayant”.

Mr. Kapur, himself a powerhouse of exceptional talent and motivated by an empowering force, is a man on a mission, a mission to establish and promote young, new talent from across the globe. He is making strong, sure strides in the entertainment industry, encouraging talent to shine by providing them the infrastructure and support they need. Steelbird Entertainment is an entity geared towards providing artistes a stable grounding that emancipates them and brings them their due recognition with an abiding faith in their capabilities and promoting their potential to the highest.

Main Thak Gaya reveals the chemistry of 3 Engineering students Abhishek, Anurag and Jayant, living in Delhi for over a year now, the three friends met while pursuing B. Tech at an engineering college in Bhiwani, Haryana.

 “This song will resonate with every individual struggling with the travails of living in our times. Set at a gentle, slow pace, this four and a half minute song will probably take you to the times in life where you have had the urge to accomplish a goal only to find your attempts thwarted at every level. It is times like these, where you cannot endure the rat race, where you get tired of it all”.

There are several more surprises in the pipeline, and can be watched over the YouTube channel Steelbird Entertainment, which released the current “main thak gaya” video.

About : Devotee Insanos

Abhishek, Anurag and Jayant

Anurag’s foray into the world of music started 10 years back as a classical vocalist. After 4 years of training in vocals, he started EMP (Electronic Music Production). He gave many auditions for reality shows and singing contests but nothing worked out. Abhishek had a natural talent with vocals and the guitar. The two being pretty decent dancers too, met during the college annual festival rehearsals and got to talking about the music scene. That one conversation snowballed into Devotees Insanos.

It was not a single step, however. It was an arduous journey. There were many roadblocks, defeating them at twists and turns. Music cannot be the first choice of career for those hailing from a middle class background. The load of expectations and responsibilities is severe. And so it was for these three too. After graduating in 2014, the struggle to find a decent job ensued. The boys joined a six-month industrial training programme. From waking up at 5am, to getting to the institute after 2 hours of grueling travel to returning home dead tired, they did it all. Their only solace was a stable job at the end of the course and their succor was their music.

Then one fine day, the trainer at the centre during his class said that it's not guaranteed that you people are going to get jobs after this and even if you get a decent job, the pay will not be more than 13k. That was a jolt like no other! It was shattering. Depressed, defeated and with no clear path ahead, the boys sat down to their music that night. While Abhishek belted out a tune on his guitar, Anurag sang the one line that was the birth of this song. He sang the words, “Main Thakk Gaya” an ode to how tired he was of it all, of all the mundane, brainless rat race.

This song came to be a U-turn in their lives. It changed everything. The boys finally decided to enter the music industry, lock, stock and barrel. They talked to their families, undoubtedly upsetting them. Lakhs of rupees spent on education and now taking up a career that could make or break, with no guarantee of a regular income! But the boys were determined, held their ground and Devotees Insanos was born. They are going strong and how! Listen to this song, let it unfurl the passion in you, overcome what breaks you down. Be inspired!

Photo Caption: Main Thak Gaya -the debut composition by Anurag, Abhishek and Jayant released by Steelbird Entertainment.

 
Media Contact Details

Vivek Sood, +91-9818276782,

 

KEYWORDS: Business/ Finance:Advertising, PR & marketing, Automotives, Manufacturing Companies, Media & Entertainment, Technology;General:Consumer interest, Entertainment, Internet, People

 

To ensure that you continue to receive email from Business Wire India in your inbox, please add businesswireindia.com to your Address Book or Safe List.

 
To submit a press release, click here.
To unsubscribe or modify your Business Wire India settings, please visit your profile page on Business Wire India.

Connect with us on: Facebook | Twitter | Google+
 
 

BWI: Axilor Ventures Announces Kris Gopalakrishnan as its New Chairman; Launches Applications for its Second Accelerator Batch

 
Source : Axilor Ventures
Monday, August 3, 2015 11:59AM IST (6:29AM GMT)
 
Axilor Ventures Announces Kris Gopalakrishnan as its New Chairman; Launches Applications for its Second Accelerator Batch
 
Bangalore, Karnataka, India

Axilor Ventures today announced that Kris Gopalakrishnan will be taking over as its Non-Executive Chairman. 

Kris Gopalakrishnan, co-founder of Infosys and its former Vice-Chairman, is recognized as a global business and technology leader. Kris was selected to Thinkers 50, an elite list of global business thinkers, for the year 2009. A Padma Bhushan awardee, he was elected president of India's apex industry chamber Confederation of Indian Industry (CII) for 2013-14, and served as one of the co-chairs of the World Economic Forum in Davos in January 2014. He serves on the Board of Governors of IIT-Madras, IIM Bangalore and is the Chairman for the Board of Governors of IIIT-Bangalore.

On taking over as the Chairman, Kris Gopalakrishnan said, ‘Axilor Ventures helps startups to improve their odds of success and I look forward to supporting the executive management of Axilor with this vision.’

Axilor Ventures was founded in November 2014 by Kris Gopalakrishnan, S D Shibulal, Prof Tarun Khanna, Srinath Batni and Ganapathy Venugopal, to serve as a platform for supporting innovation and entrepreneurship and help early-stage entrepreneurs improve their odds of success. 

Commenting on the appointment, Prof Tarun Khanna, Professor at Harvard Business School and co-founder of Axilor Ventures said, ‘Axilor aims to energize the start-up ecosystem in the country. Kris’ vast experience in technology and innovation will be of tremendous value in guiding Axilor achieve its vision.’

Since its inception in November 2014, Axilor has launched its three programs to support entrepreneurs – the Accelerator Program, Scale-up program (with access to seed fund) and Early Stage Funding program. Operating out of its new 20,000 sq. feet campus in South Bangalore, it has successfully graduated its first batch of startups from its Accelerator Program. 

Having successfully graduated its first batch of startups in June, Axilor recently opened its applications (www.axilor.com) for the second batch of its Accelerator Program. Axilor’s CEO, Ganapathy Venugopal commented, “Most startups fail and often, do so for predictable reasons. Through our unique program structure, the Accelerator program helps entrepreneurs improve their odds of success during their earliest days, which is when they need it the most. We are looking for gritty entrepreneurs with disruptive ideas in e-commerce, healthcare and clean-tech.” The second batch is due to start in September 2015 and the applications are open till 10 August 2015.

About us 

Axilor Ventures is a platform for supporting innovation and entrepreneurship. Through its programs which include Accelerator, Scale-up and Early Stage Funding, Axilor aims to support early stage entrepreneurs and improve their odds of success. More information about Axilor and its programs can be found at http://www.axilor.com. 

 
Media Contact Details

Ganapathy Venugopal, CEO Axilor Ventures, ,+91 (80) 49252401 , vg@axilor.com

 

KEYWORDS: Business/ Finance:Advertising, PR & marketing, Business Services, Information Technology, SME, Technology;General:Consumer interest, Human Resources & Consultancy services, Internet, Start Up

 

To ensure that you continue to receive email from Business Wire India in your inbox, please add businesswireindia.com to your Address Book or Safe List.

 
To submit a press release, click here.
To unsubscribe or modify your Business Wire India settings, please visit your profile page on Business Wire India.

Connect with us on: Facebook | Twitter | Google+
 
 

BWI: Praxis Media Private Limited Declared the Prestigious National Business & Service Achievers, 2015

 
Source : Praxis Media Private Limited
Monday, August 3, 2015 11:19AM IST (5:49AM GMT)
 
Praxis Media Private Limited Declared the Prestigious National Business & Service Achievers, 2015
 
New Delhi, Delhi, India

Praxis Media Private Limited, in association with Business Synergy and Global Brands Network, declared the prestigious National Business & Service Achievers, 2015 on July 31, 2015 to recognize and honor around 50 winners at 5 different levels for their continuing commitment to excellence, developing best practices and innovative strategies for the growth of the business and service sector with vision and inspiration.

India’s leading media and marketing group, Praxis Media Private Limited declared the prestigious National Business & Service Achievers, 2015 to identify and honor the Achievers, Innovators and Leaders of the Business and Service sector and their ability to steer their objective through turbulent times, applying the best of the professional modules to manage and keep their missions afloat. National Business & Service Achievers, 2015 were intended to salute remarkable business leaders and service providers for their continuing commitment to excellence, developing best practices and innovative strategies. The winners of the National Business & Service Achievers, 2015 were declared on July 31, 2015.

Around 50 winners at 5 different levels, 20 major categories and 50 sub-categories, were recognized for signifying their innovation, dedication, ethics, achievement and excellence in the business and service sector. The awards was the result of determined and assiduous efforts of Praxis Media, along with its associates and partners, spreading over 2 months, which included nomination process, extensive surveys & research, opinions & feedbacks, categorization and scrutiny of the nominations based on various parameters and finally choosing the awardees though an independent jury panel. The major parameters which were considered for shortlisting the winners included Market Presence, Competition, Growth, Quality, Innovation, Scalability, Impact Potential, Infrastructure, Industry Feedback, Client’s/Customer’s Feedback, Use of technology, Achievements, Previous honors and accolades, Annual Turnover, Corporate Social Responsibility, etc.

National Business & Service Achievers, 2015 are an initiative of Praxis Media Private Limited - India’s Leading Media & Marketing Group, in association with Business Synergy - India’s leading online businesses & services resource and Global Brands Network - Confederation of most valuable brands worldwide. The initiative was well partnered by The Property Times, The Pharma Times, The SME Times & The Hotel Times as Associate Partners, UK Pictures as Outdoor Media Partner, PluginPR as PR Partner and Recruit Wheels as Recruitment Partner.
 
The City, State and Zonal level awards honored the outstanding work in respective city, state and zone categories while the National level and Jury’s Choice awards honored extraordinary entries at pan India level. A comprehensive list of winners of the National Business & Service Achievers, 2015:

Jury’s Choice Winners
 
Dr. Anil Sharma – Jury's Choice Award for the Best Interventional Cardiologist in India, Aura Skin Institute, Chandigarh – Jury's Choice Award for the Best Dermatology Clinic in India, All Translation Services Private Limited – Jury's Choice Award for the Best Translation Services in India
 
National Level Winners
 
Ms. Archana Agarwal – Best Architect and Interior Design Consultant in India, Architect Vistasp & Associates (AVA) – Best Interior Design Firm in India, Nexus Creations – Best Architectural Planners and Consultants in India, Ramesh Sharma & Co. – Best Engineering Services Company in India, Mr. Aatul Palandurkar (Klouds AnCyber Technologies Private Limited) – Best Entrepreneur for Corporate Trainings in India, Noble Institute of Education Society – Best Distance Learning Centre in India, School of Management Sciences, Lucknow – Best Technical and Management College in India, Dr. Thukral’s Omnicare House – Best Neuropsychiatric Clinic in India, Hairline Diagnostics and Healthcare Private Limited – Best Hair Transplant Clinic in India, ARHT Global – Best Hair Transplant and Hair Restoration Organization in India, IndGlobal Consultancy Solutions – Best E-Commerce and Digital Marketing Company in India, Pushti Group - Best Upcoming Tours and Travels Company in India, A. Gee. Architects & Builders (Ratra’s) – Best Architecture Firm of the Year in India, WONDER KIDZ "The Concept School" – Fastest Growing Pre-School Chain in India
 
Zonal Level Winners
 
Dr. Parminder Chaman – Best Skin Care and Aesthetic Consultant in North India, Vision Hospitality Management – Best Hospitality Management Firm in West India, Womens Center – Best Women's Healthcare Centre in South India, Codelattice Digital Solutions Private Limited – Best E-Commerce & Digital Services Company in South India, Z2Plus Placement & Security Agency Private Limited – Best Human Resources Consulting Firm in East India
 
State Level Winners
 
Theme Consultants – Best Architect and Interior Design Firm in Uttar Pradesh, Ekanshita Builder and Designers – Best Architects, Builders and Developers in Uttarakhand, Dr. Rajiv Arya – Best Consultant Paediatrician in Haryana, Teeth Care Centre Dental Hospital – No. 1 Dental Hospital in Gujarat, Western Group – Best Real Estate Developer in Gujarat, Visit Dandeli – Most Pristine Weekend Getaway in Karnataka, Manipal Ankur Andrology & Reproductive Services – No. 1 Infertility Clinic in Karnataka, Tamara Hospital & IVF Centre – Most Promising IVF and Women Healthcare Centre in Karnataka,  PHYSIO - BE - FIT – Best Physiotherapy and Fitness Centre in Karnataka, Ms. Archana Rajamanickam – Best Budding Baker in Tamil Nadu, Mr. Satya T. Murthy – Service Achievers Award for Outstanding Contribution in Neuro-Linguistic Programming
 
City Level Winners
 
iNtArch Design Studio – Best Architectural Design Firm in Haridwar, Dr. Sunali Joshi Kashyap – Best Dental Surgeon in Noida, Dr. Ved Prakash Arya – Best Ayurveda Consultant in Noida, Persona Faces -n-Smiles – Best Cosmetic Surgery Clinic in New Delhi, Dr. Sanjay Awasthi – Service Achievers Award for Outstanding Contribution in Education, Dr. Neelam Ahirwar – Best Consultant Cosmetologist in Bhopal, Poison Anti Aging Clinic Private Limited – Best Multispecialty Dermatology Clinic in Bhopal, Dreams Interior and Decoration – Service Achievers Award for Outstanding Contribution in Interior Industry, Cutis Skin Studio – Best Skin Care and Cosmetic Clinic in Mumbai, Axis Consortium – Best Architectural Design Firm in Bangalore, The Kenmore School – Best Upcoming Senior Secondary School in South Bangalore, No Limmits Lounge & Club – Best Lounge and Night Club in Bangalore, Dr. Gurpreet Singh Makkar – Best Online  Homeopathic Treatment Sexologist in Greater Mohali, Dr. N.B. Singh – Best Dental Surgeon in Aligarh, Plugin PR & Intelligence Services – Best Corporate Investigation Services Firm in New Delhi
 
An official statement from the company said, “The winners exemplified excellence amongst their peers in respective disciplines and locations. All the winners have competed with the very best from their industry, and it is the matter of huge pride and honor for them to know that their work has been evaluated by the sharpest minds in the industry, and that their services and contribution have truly excelled. These awards, as a hallmark of excellence, intend to inspire others towards bigger and better achievements.”
 
About the Company:

Praxis Media Private Limited is a premier insight driven media and marketing services company that is widely recognized for pioneering and innovative work for its clients and is a one-stop solution for affordable and turn-key marketing and business services for domestic, multinational, government, non-government, corporate, established and new start-up businesses and services. The company works with its brands and associates to help in boosting its client’s businesses and services and taking it to its zenith through bespoke brand management and strategy, business advisory, market research, marketing solutions, strategic public relations, media management, reputation management and design and communication solutions. www.praxis-media.com

 
Media Contact Details

Swati Singh, Praxis Media Private Limited, ,+91-9650460507 ,+91 (11) 65006620 , info@praxis-media.com; swati@praxis-media.com

 

KEYWORDS: Business/ Finance:Advertising, PR & marketing, Business Services, Events & Conferences, Media & Entertainment, SME, Technology, Telecommunications;General:Consumer interest, Start Up

 

To ensure that you continue to receive email from Business Wire India in your inbox, please add businesswireindia.com to your Address Book or Safe List.

 
To submit a press release, click here.
To unsubscribe or modify your Business Wire India settings, please visit your profile page on Business Wire India.

Connect with us on: Facebook | Twitter | Google+
 
 

BWI: 'It is 50: 50 Whether RBI will Cut Rates During the Next Review': Niranjan Hiranandani

 
Source : Hiranandani Constructions Pvt Ltd
Monday, August 3, 2015 10:00AM IST (4:30AM GMT)
 
'It is 50: 50 Whether RBI will Cut Rates During the Next Review': Niranjan Hiranandani
 
Mumbai, Maharashtra, India

In its third bi-monthly monetary policy review which will be announced on the 4th of August, the Reserve Bank of India (RBI) is as likely to announce another rate cut as it is likely to maintain status quo, said Niranjan Hiranandani, Managing Director, Hiranandani Communities.

The Reserve Bank Governor Raghuram Rajan had cut the repo lending rate by 25 basis points to 7.25 per cent during the review on 02 June 2015. This brought the cumulative rate cut to 0.75 per cent since January this year. “Any rate cut helps reduce the overall burden for home buyers and has the potential to boost residential real estate sales,” said Niranjan Hiranandani.

From the RBI Governor’s perspective, the signs are mixed, said Niranjan Hiranandani. “In June, retail inflation rose to an 8-month high of 5.4 per cent, while the overall Wholesale Price Index (WPI) based inflation was (-) 2.4 per cent. So, when considering the current macro-economic situation, the RBI Governor will have to consider the divergence between wholesale and retail price inflation rates,” he said.

There are three aspects which are likely to impact RBI Governor’s thought process when he takes a call on whether to further reduce the rates: the monsoon, global crude prices and perceived weakness in the rupee. “All three are likely to play out in different ways across the rest of 2015, clarity on these three is likely only after the calendar year ends – so, will he go ahead and announce  a rate cut on 4th August? I think the jury’s out on this; in my opinion it is a 50 : 50 whether we will see another rate cut from the RBI,” he added.

If the RBI cuts rates, logically it should boost investments and growth. “I am hopeful of further rate cuts, and hope that the RBI will take the right call at the right time on this,” he concluded.
 

 
Media Contact Details

Ritika Shah, Manager - Corporate Communication Hiranandani Constructions Pvt Ltd, ,+91-9833461094,9821804269 ,+91 (22) 25763698 , shah.ritika@hiranandani.net; ritikaaries9@gmail.com

 

KEYWORDS: Business/ Finance:Advertising, PR & marketing, Banking & Financial services, Business Services, Construction & Property, Real Estate;General:Consumer interest, Economy, Govt. & Public Policy, Lifestyle

 

To ensure that you continue to receive email from Business Wire India in your inbox, please add businesswireindia.com to your Address Book or Safe List.

 
To submit a press release, click here.
To unsubscribe or modify your Business Wire India settings, please visit your profile page on Business Wire India.

Connect with us on: Facebook | Twitter | Google+