Saturday, 30 September 2017

Millennium City’s ‘Severe’ Air Quality Posing a Risk for Your Heart

  • Gurgaon topped air pollution charts among major cities, recording 434µg/m³  PM2.5against the accepted permissible limit of 60 µg/m³.   
  • With around 2.5 to 3 lakh people suffer from heart diseases in Gurgaon, doctors warn against negative effects of air pollution on heart health.

Gurgaon, 30th September:  India’s millennium city, Gurgaon, keeps resurfacing as one of the most polluted cities in India. In a survey of 28 cities conducted by the country’s top pollution monitoring city earlier this year, Gurgaon is the only city which was marked ‘severe’ for air pollution, in comparison to other cities like Agra, Delhi and Kanpur.
The Central Pollution Control Board’s (CPCB) findings recorded 434micrograms per cubic meter (µg/m³) for finer particulate matter(PM2.5)against the accepted permissible limit of 60 µg/m³. The air pollutant PM2.5 refers to tiny particles with a diameter of 2.5 micrometer or less, which travel deep in our respiratory tract, causing breathing problems and worsening conditions like Asthma.
However, recent findings have indicated growing connection between air pollution and cardiovascular or heart health of people and Gurgaon has around 2.5 to 3 lakh people suffering from cardiovascular diseases, with its incidence on the rise.
Dr. D. K. Jhamb, Director & HOD Cardiology, Paras Hospitals Gurgaon said,“I have been attending to 40 to 50 heart patients at a daily level and collectively we perform around  140 angioplasties every month at our hospital. It has been observed that air pollution is significantly contributing to worsening of cardiovascular health as has been reported in recent studies. Particulate matter and nitrogen oxides have long-term adverse effects on your heart.  Along with other lifestyle factors, pollution is now believed to play a significant role in proving harmful for your heart. Pollution is our collective responsibility and we have ways and means for reducing levels for instance by reducing vehicular emissions.”
While pollution extends its fangs to heart directly, factors such as obesity, blood sugar levels, lack of physical activity, and hypertension continue to put human heart and health in to major risk. As per the findings of a national survey conducted for family health released recently, approximately 39% of people are obese, 21% are with high to very high levels of blood glucose, and 22% with hypertension.   
Dr. Bharat Kukreti, Senior Consultant –Cardiology, Paras Hospitals, Gurgaon explains,  “Cardiovascular diseases and other non-communicable diseases thrive in the conditions provided by the modern sedentary lifestyle, with less physical activity and more dependence on unbalanced and processed food with high salt, sugar, and fat content. These are the major causes for heart ailments and other non-communicable diseases like hypertension and diabetes which can be controlled. Importance of physical exercise cannot be ignored, and to engage in an intense physical activity on a daily basis for even 1hour has proven to reduce risk for heart diseases by 30%. Also, increasing physical activity helps in preventing and managing diabetes and hypertension. ”
While state and people need to come together to control pollution and decrease vehicular emission which is considered to be major factor in the city’s growing pollution levels, lifestyle factors and dietary choices are more in the control of the individual.
With non communicable diseases reportedly killing 61% of Indian population as reported by World Health Organization, it is increasing becoming vital to have an active lifestyle with plenty of exercise and fresh air, followed by healthy dietary habits, which includes avoiding food with high fat, sugar, and salt content and increasing intake of more vegetables, fruits, and fiber.
People and healthcare providers of the city need take up the challenge and set examples for the nation by creating a healthy and hearty millennium city.

Startup portal 3hcare.in pockets its first funding within 11 months


New Delhi: After raising an angel funding of USD 100K (INR 65 Lakhs), 3hcare.in is ready to plan their expansion in diagnostics, surgery and boosting medical tourism. The initial focus will be on expanding their collaborations with over 500 hospitals across the country with NABL and JCI accreditation for improving the accessibility in the interest of common people.
“There is a huge potential in the healthcare field, especially with the convergence of highly skilled lab technicians to provide the best in class tests (both pathology and radiology) by saving patients time and money. Our company is ready to work in expanding our services throughout India in the interest of mankind. With services available digitally, the patients will be at a boon to get treated at one point.” Said CA (Dr) Ruchi Gupta, Founder and CEO, 3hcare.in
3hcare.in is a start up rendering healthcare services like providing diagnostics at home through the best in class labs at minimal costs compared to the market. Plan my surgery is another vertical that was launched recently which helped patients to compare cost of surgery with various hospitals to manage their finances efficiently. The online portal started booming in the healthcare industry within 11 months of establishment and with the exponential growth in the last 6 months, investors are ready to fund them for future as well.
“Many tests like biomolecular tests, genetic testing is available at limited labs in India which will also be the prime focus in the initial phase of diagnostics expansion. During the final phase, the entire focus will be to boost international medical tourism in India. We also are planning to use the funds to deepen our offerings in corporate sectors for annual diagnostic tests of their employees and a part of it will also help in team expansion.” Added Dr Gupta.
3hcare.in has been on the cusp of figuring out a niche for themselves in the field of healthcare services. The passion and dedication with which the online portal has demonstrated, matches its strong execution capacity making it a deserving candidate for further funding as well.

​How to become a tax consultant



CA Amit Kumar Garg Partner AKGVG & Associates New Delhi

A tax consultant/advisor is referred to as a tax accountant who helps people and organisations to complete their tax returns every financial year. This can involve extracting and analysing information from their financial documents, like, wage, employment and mortgage, investment statements, etc. A tax consultant is also required to travel to meet with clients.

Tax advisors can either work independently, for the government, or for a firm. Salaries also depend on the education qualifications.

Required Qualification To Become A Tax Consultant:

Being a commerce graduate will give you an edge over others. It will be also great if you can improve your qualification and skills by getting professional degrees and courses.

Following are the main professional courses and degree that can be done to become a consultant:

a) CA, ICWAI or MBA
b) Tax Consultancy Course
c) Personality development course
Below are a few tips that will not only help you achieve your goals, but also help you become more focused in life:

There are many types of taxes that are charged on income, vehicle, property or other such possessions. In all of these cases, an in-depth knowledge of applicable taxes and the ways to save on these taxes may be the most important criteria. To achieve all these, there is a lot of learning involved in this process as the tax consultant is the sole solution for that. If you have the required educational qualification, then some training and further certified accounting courses would make you a successful tax consultant.

A tax consultant has to undergo extensive taxation training before becoming a professional tax consultant but there are a certain fundamentals that make them eligible to take the courses in taxation. These basics can be the knowledge of taxation, inclination towards the subject and the existing qualification. The tax consultants in India are mainly those having the qualification in law, commerce, ICWA, CA, CS, Mathematics, Science or other such accounting qualification.

Other than the above, an aspiring tax consultant may also possess the below qualities:

·  Expertise and knowledge in accounting and finance.

·  Communication and interactive skills that make them understand the clients’ accounting and taxation needs.

· Decision-making and analytical skills that allow them to shape the finances and investments of the clients in such a way that they have to pay the minimum tax.

·
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Capability to work on professional and ethical grounds so that no false practices are included in their tax advice.

· Last but not the least – experience. Experience in a similar field may surely matter as it will be an additional benefit for the taxconsultant and his client.

The above stated qualification, quality and expertise are the basic requirement of becoming a tax consultant, but the final molding of theconsultant will be carried out through tax accounting courses.

Undergo extensive training

If you are the one having all of the above qualification and qualities then you can opt for the accounting certification courses offered by the recognised training centres so as to get the knowledge as per the industry.

The training course that you select must offer:

·        Practical training and well as classroom training that will teach you to prepare accounts and taxation statements for individuals as well as for the corporates.

· The training course must make you learn and operate both old and latest accounting software.

· Job-oriented courses that will make you ready to take up a new assignment and get placed easily in the field of taxation and accounting.

·  The course must also offer an effective tax planning to reduce tax obligation of the client by encouraging efficient investments.

· Finally, right qualification, quality, enhanced knowledge and expertise in taxation will turn out any accounting professional into an able tax consultant.
​​

Writer is CA
Amit Kumar Garg
​ ​
and Partner AKGVG & Associates New Delhi.

CA Technologies Named a Leader in the IDC MarketScape for Agile PPM



Mumbai, September 29, 2017 – CA Technologies (NASDAQ:CA), today announced that it has been named a Leader in the “IDC MarketScape: Worldwide Agile PPM 2017 Vendor Assessment – Enabling Adaptive Planning for Emerging Markets, DevOps, and IoT.”*

In this IDC MarketScape, Melinda Ballou, research director for IDC's Agile ALM, Quality and Portfolio Strategies service, noted, “IDC continues to see adoption of agile PPM solutions for dynamic execution and innovative decision making via automation to enable speedy responsiveness and invocation for dynamically changing initiatives.”
                                                           
“CA’s combination of best-in-class Agile and PPM solutions gives organizations clear visibility into the status of their investments and the key work happening across the portfolio and connects that work to the company’s overarching business strategy,” said Surya Panditi, senior vice president and general manager, Agile Management at CA Technologies. “This recognition from the IDC MarketScape validates our approach to connecting strategy with execution so our customers can realize the benefits of their investments, deliver value faster, and ultimately become more competitive in their respective markets.”

The IDC MarketScape underscored the following key differentiators across CA Technologies’ PPM and Agile suite of solutions in the 2017 report: “CA Technologies is very well positioned for agile PPM, having both a strong enterprise agile solution with CA Agile Central (which is being interwoven into its DevOps product portfolio) and a high-end enterprise PPM solution with CA PPM, which is being more closely integrated with CA Agile Central for clients seeking coordinated agile PPM capabilities.”

Over the past year, CA Technologies has delivered advancements that continue to differentiate CA Agile Central and CA Project and Portfolio Management (PPM), including:
       Advanced integrations between CA Agile Central and CA PPM, offering customers a 360 degree view of all work across agile and traditional teams across the enterprise. 
       Team Board in CA Agile Central, bridging the gap between team-level autonomy and company strategy, offering process flexibility for teams while ensuring visibility and alignment to business strategy. 
       Most recently, CA introduced CA PPM 15.3 with new features that modernize the project management office and allow users to spin up projects in minutes-not days.

To learn more about CA Technologies’ Agile Management solutions, visit: https://www.ca.com/us/why-ca/agile-management.html.

To access a complimentary excerpt copy of the IDC MarkeScape, visit: “IDC Marketscape: Worldwide Agile PPM 2017 Vendor Assessment.”
Tweet this: #IDC MarketScape recognizes @CAinc as “Leader” in Agile PPM: http://cainc.to/Zsk8Sj.

*IDC MarketScape: Worldwide Agile PPM 2017 Vendor Assessment – Enabling Adaptive Planning for Emerging Markets, DevOps, and IoT, doc #US40913616, July 2017

About IDC MarketScape: IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

About CA Technologies 
CA Technologies (NASDAQ:CA) creates software that fuels transformation for companies and enables them to seize the opportunities of the application economy. Software is at the heart of every business in every industry. From planning, to development, to management and security, CA is working with companies worldwide to change the way we live, transact, and communicate – across mobile, private and public cloud, distributed and mainframe environments. Learn more at www.ca.com.

DHFL Pramerica Life Insurance Goes Mobile With Red Hat to Accelerate its Digital Transformation


Wins Red Hat Innovation Awards APAC for innovative use of Red Hat solutions to strengthen mobile presence and enhance business agility
New Delhi, India – September 28, 2017 -- Red Hat Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced DHFL Pramerica Life Insurance Company Ltd. (DPLI), one of India’s leading life insurance company, as the winner of 2017 Red Hat Innovation Awards APAC in the Digital Transformation category for its mobile app, “AceApp”.
DPLI is one of the fastest growing life insurance company in India, and in line with the company’s vision to be a digital leader in the insurance sector, DPLI sought a technology partner to help them realise this by balancing their IT investments, bringing in new capabilities for their sales advisors, and enabling them to innovate faster.

DPLI implemented Red Hat Mobile Application Platform to strengthen its mobile app presence. The all-new state-of-the-art AceApp, designed to provide a 24/7 mobile office on-the-go for sales advisors, is equipped with features that can support the entire customer lifecycle journey with DPLI. It aims to provide better customer prospecting through intelligent financial need assessment and recommends the right suite of products, assisting the customer in making an informed and prudent decision. In addition, it offers a smart and intuitive e-proposal form designed to make proposal filling quick, and give a real-time view of the document progress all the way to policy issuance.
 
Echoing the theme of the Red Hat Forum APAC 2017, “The Impact of The Individual,” the Red Hat Innovation Awards recognize and celebrate enterprises which use open source to address IT challenges, transform and modernize information technology to help accelerate innovation, and achieve greater agility and efficiency. All entrants were evaluated by a panel of judges from Red Hat. Since the inception of the Innovation Awards APAC in 2011, Red Hat has witnessed more innovative use of open source solutions in the region.


Rajesh Rege, Managing Director, India, Red Hat
“We would like to congratulate DPLI on winning the Red Hat Innovation Award. The insurance sector is a complex industry and it is critical to manage business processes efficiently. Our experience working with banks, insurance companies, and stock exchanges has helped us understand and tackle the scale of mobile application development challenges posed by DPLI. We are excited that Red Hat Mobile Application Platform and JBoss BRMS have enabled DPLI to be more agile and reach a wider variety of customers with specific demands.”
Anoop Pabby, Managing Director and CEO, DHFL Pramerica Life Insurance Company Limited
“We wanted to adopt a digital platform that could help define our business and provide an exciting mobile experience for our customers and workforce. After evaluating products from leading solution providers, we chose Red Hat Mobile Application Platform as we believe it is not only technically superior but cost-effective as well. When we embarked on our digital transformation journey, the idea was to work with a leading business partner and Red Hat presented us with a compelling mobile platform proposition. Avoiding vendor lock-in and based on open standards, the platform helps our business respond to market changes with agility.”
Bhupesh Arya, Senior Vice President & Chief Digital Officer, DHFL Pramerica Life Insurance Company Limited
“We are honored to receive 2017 Red Hat Innovation award. Digital is becoming embedded in every business. Digital strategies in the most mature organizations are included with an eye on transforming the business. By joining hands with Red Hat, our main aim was to bring in a seamless mobility experience for our customers and transform the business real-time. The result is improved business agility, consistent and efficient decision execution, shorter development cycles, and faster time to market.”

Indian hair champion prepares for World Skills International


The young, 19 years old A. Karan is burning the midnight oil, untiringly practicing his skill for over 16 hours every day. He starts at 9 am and practices haircuts and hair styles through the day till 7 pm. He takes a break for a couple of hours and whips out his scissors, combs and hairdryer and starts snipping, styling, setting hair way past midnight. His trainers jokingly say that he must be practicing styles even in his dreams. For Karan hairdressing is a passion and it is only apt that he is representing India in hairdressing at the World Skills Competition to be held in Abu Dhabi in October 2017.

Karan’s talent has been honed at his Alma matter – Blossom Kochhar College of Creative Arts & Design (BKCCAD) in New Delhi, founded by the legendary Aromatherapist Dr. Blossom Kochhar, Chairperson, Blossom Kochhar Group of Companies four decades ago. Through this academy Dr. Kochhar introduced scientific education in Hair in India and the place has given the industry some of the best hair designers the country has got today. BKCCAD has multiple international affiliations, state of art infrastructure, interactive classrooms and provide opportunities for plenty of hands on experience for the students. International Trainers keep visiting the academy and with all the opportunities they provide to the student, BKCCAD is a place where “Winners are Born”.
  
Samantha Kochhar, who is also the World Deputy Chief Expert for Hair and India’s Chief Expert for Hair, is gearing up Karan for this competition on behalf of Beauty and Wellness Sector Skill Council (BWSSC) & National Skill Development Council (NSDC). Speaking on Karan’s training she said, “Karan, through his sheer hard work, talent and his rigorous training session with world-class international trainers and the of best trainers in India, he is evolving not only as better artist but a better professional every passing day. The thorough training sessions have taught him patience, helped him gain more focus and channelize his thoughts into creating unique styles.”

The exceptional training sessions provided at BKCCAD, along with his talent, creativity, hard work combined with zeal to excel proved to be Karan’s winning formula when he bagged the first place in hairdressing skill at India Skills championship. Now he is India’s hairdressing candidate for World Skills and Karan does not take the responsibility lightly. Hairdressing is his burning passion and this fuels his intensity and determination to win.

Samantha Kochhar had left no stone unturned to get the Indian winner the best of training. Karan has been trained by World Class Trainers like Joakim Roos- one of the best competition trainers in the world, Carvi Lai - a well known International Hair Stylist, Chang-Chun Wu –one of the best in the world hair dressing industry from China, Emma Ekman - an ace trainer from Sweden. Industry stalwarts like Asha Hariharan, Seema Jerajani, Itty Agarwal, Uday Takke, Milind Bhatia have also trained him. Blossom Kochhar College of Creative Arts and Design (BKCCAD),his Alma Mater has taken on the onus of hiring him and paying him a full time salary to learn, practise and hone his skills ever since his won in the regional rounds of India Skill competition.

It has been a challenging journey since for Karan who has a humble financial and social background. His father is a chauffeur and mother is a housewife. The young boy had to hone more than just his technical skills for the competition.  Mind trainers have worked with him to help him overcome the self-inflicted stigma of his humble background and to gain social confidence, his teachers in BKCCAD have helped in his grooming and he had to work specially hard to overcome communication barriers.

Speaking on the occasion Karan says, “I wanted to do something different rather than follow a conventional career of becoming a doctor or engineer. Thus I put my heart and soul into honing my technical skills and soft skills, to be at my best while representing India at World Skills International in Abu Dhabi. It is now my dream to win accolades for my country at the World Skills Internationals. My journey would not have been possible without my mentors at BKCCAD and my family.”

Karan’s strength lies in creating new looks and styles, so whenever he learns something new it is important for him to merge it with his creativity and curate something new and distinct.  “It has been a pleasure to supervise the gradual professional enhancement of Karan over the months. He believes name and fame will follow if you stay true to your skill. He loves and cherishes hairdressing. I wish him all the best for the World Skills International to be held in Abu Dhabi in October this year,” Samantha Kochhar says.

The new kid on the block- The Bowl Factory



Gurgaon, September 27, 2017- The latest venture, The Bowl Factory in Galleria Market Gurgaon is an ode to Asian cuisine. Blending culinary finesse with magnificent interiors, the place promises an unforgettable gastronomical journey. Fresh ingredients, avant garde combinations and a soothing décor make Bowl Factory secure a safe spot in every food aficionado’s wish list. This pan Asian Bistro serving delicacies from Burma to Japan. 

After receiving a tremendous response from their first outlet in Gurgaon at Rodeo Drive, the second place is opened in Galleria Market, Gurgaon. The Bowl Factory’s menu is a curated selection of local dishes and authentic Asian flavours.  It manages to strike a harmonious balance between maintaining the authenticity of Asian flavours, while experimenting with fun fusions in addition to the favoured classics.  

 Breaking away from the tradition of great Asian restaurants, a meal at The Bowl Factory ,has an eclectic variety of dumplings and rolls. And that’s not all. Hop on a scrumptious culinary journey with an amazing korean BBQ wet wings to Yasai Tempura- Veggies Coated in Tempura. Feast on their amazing Dimsums- Asian BBQ Chicken, Prawns and Water Chestnut Sui Mai, The triple Mushroom Takedown Banh Mi, Flat Rice Pad Thai Noodle Veggie Bowl, Prawns Water Chestnut Sui Mai, Yum Woon Sen Glass Noodle Salad with Prawns, Hot Garlic Veggie Rice Bowl, Vietnamese Crunchy Vegetable Julienne rolls with Mango reduction. Making use of the indigenous ingredients incorporated in Asian dishes, you will find many dishes with shitake mushrooms, salmon, prawns and tofu which are characteristic of the cuisine. 

With cool, factory-inspired decor, funky and funny art, this place maintains a welcoming and unpretentious vibe. The lack of mainstream pop music is a welcome change. If you want delicious, authentic Asian food with fun, off-beat flavours and none of the ostentation, this is the place to go.

Address- The Bowl factory- SF 119, DLF Galleria Market, 
DLF Phase 4, Gurgaon
Contact No- 9870500869
Time- 12 pm to 11 pm

Former Indian Women Cricket Team Captain Anjum Chopra initiates the campaign “Swachhata Hi Seva" at her village in Faridabad

In the coming days, the country will commemorate Gandhi Jayanti.An Inspiration to billions across generations and borders, Mahatma Gandhi recognized that the attitude towards cleanliness also reflects ones attitude towards the society. Bapu believed in achieving cleanliness through community perception.

 
In context to the same Anjum Chopra, former captain of the Indian Women Cricket team was invited to lend her support to the “Swachhata Hi Seva “movement and dedicate her time for the cause of  Swachh Bharat by the Prime Minister Office.( The Letter is attached for your reference ).

Today, Anjum Chopra initiated the campaign “Swachhata Hi Seva" at her village in Faridabad at Government High School, Anangpur Village in Surajkund – Badkal road.

On the occasion Anjum Chopra says “I am enthralled to be a part of the Swachh Bharat, with the campaign we can encourage wide spread support for, and participation in cleanliness initiatives across India”.

About Anjum Chopra
A veteran of over 3000 international runs, a World Cup runner-up medalist, she is empaneled by the ICC (International cricket council) to lend her voice and share her expertise during the ICC Women’s World Cup from 24th June- 23r July,2017. Her deep knowledge about the game would add intensity to the most awaited upcoming matches.

The World Cup scheduled at Bristol between New Zealand vs Sri Lanka and England vs India at Derby will really stand out in your memory, if you see them through the eyes of this witty sportsperson who always adds an adequate dash of humor to many serious sports discussions.
 Her affair with cricket began when she was just 9 years old and since then there is no looking back. With a career spanning over 17 years in international cricket, Anjum has scaled greater heights. She has played six World Cups (four 50 over and two T20 World Cups).

The Marylebone Cricket Club, residents of Lord's cricket ground at St John's Wood in London and lawmakers of the game, awarded Anjum Chopra an honorary life membership, making her the first Indian woman cricketer to receive the honor.

MAS Financial Services Limited’s IPO to open on October 06, 2017

 
MAS Financial Services Limited’s IPO to open on October 06, 2017 with Price Band of 456 to 459 per Equity Share each of Face Value of 10 each

·         IPO consists of Fresh Issue of up to 2330 million
·         Offer for Sale of up to 2270.42 million by Selling Shareholders
·         The minimum Bid lot is 32 equity shares and in multiples of  32 equity shares thereafter
·         Issue opening date – October 06, 2017 and Issue closing date – October 10, 2017
·         The Floor Price is 45.6  times of the face value and the Cap Price is 45.9  times of the Face Value


*APPLICATIONS SUPPORTED BY BLOCKED AMOUNT (ASBA): Investors have to apply through the ASBA process. ASBA has to be availed by all the investors except anchor investors. For details on the ASBA process, please refer to the details given in the ASBA Form and Abridged Prospectus and also please refer to “OfferProcedure” on page 431of the RHP. ASBA Forms can also be downloaded from the websites of BSE and NSE. ASBA Forms can be obtained from the list of banks that is available on the website of SEBI at www.sebi.gov.in. ASBA Form can be obtained from Syndicate, SCSBs, Registered Brokers, RTAs and CDPs, the list of which is available on the website of SEBI at http://www.sebi.gov.in/sebiweb/home/5/33/0/0/Recognised-Intermediaries.

PROMOTERS OF OUR COMPANY: KAMLESH CHIMANLAL GANDHI, MUKESH CHIMANLAL GANDHI, SHWETA KAMLESH GANDHI AND PRARTHNA MARKETING PRIVATE LIMITED


New Delhi, September 28, 2017: MAS Financial Services Limited’, (“Company”), a Gujarat-headquartered NBFC with more than two decades of business operations will be launching its initial public offering (“IPO” or the “Offer”) which is scheduled to open on October 06, 017 and close on October 10, 2017, with a price band of 456 to 459per Equity Share of face value of 10 each of the Company (the “Equity Shares”). The Anchor Investor Bid/Offer Period shall be October 05, 2017, being one working day prior to the Offer Opening Date.

The IPO comprises of a fresh issue aggregating up to 2,330 million (the “Fresh Issue”) and an offer for sale aggregating up to 2,270.42 million by the selling shareholders. The offer for sale comprises of an offer aggregating up to 1,126.63 million by DEG-Deutsche Investitions-und Entwicklungsgesellschaft MBH (“DEG”), an offer for sale aggregating up to 793.38 million by NederlandseFinancierings – MaatschappijvoorOntwikkelingslanden N.V. (“FMO”) and an offer for sale aggregating up to 350.41 million by Sarva Capital LLC (“Sarva Capital”, and together with DEG and FMO, the “Selling Shareholders”) (“Offer For Sale”). The offer includes a reservation aggregating up to 70 million for eligible employees (defined hereinafter) (the “Employee Reservation Portion”). The Offer less the employee reservation portion is referred to as the “Net Offer”.

The Company has, in consultation with the BRLM, undertaken a private placement of 3,990,422 Equity Shares for cash consideration aggregating to 1,350.00 million (“Pre-IPO Placement”). The size of the Fresh Issue as disclosed in the Draft Red Herring Prospectus, has been reduced accordingly. See “Capital Structure” on page 76 of the RHP for details of the Pre-IPO Placement.

The Company proposes to utilize the net proceeds of the Fresh Issue towards augmenting its capital base to meet future capital requirements.
The Offer is being made in terms of Rule 19(2)(b)(iii) of the SCRR, through the Book Building Process in accordance with Regulation 26(1) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended (the “SEBI ICDR Regulations”), wherein not more than 50% of the Net Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs”). The Company and the Selling Shareholders in consultation with the BRLM may allocate up to 60% of the QIB Portion to Anchor Investors at the Anchor Investor Allocation Price, on a discretionary basis, out of which at least one-third will be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the Anchor Investor Allocation Price. In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the Net QIB Portion. Such number of Equity Shares representing 5% of the Net QIB Portion (other than Anchor Investor Portion) shall be available for allocation on a proportionate basis to Mutual Funds only. The remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to QIBs (other than Anchor Investors), including Mutual Funds, subject to valid Bids being received from them at or above the Offer Price. However, if the aggregate demand from Mutual Funds is less than 5% of the Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for proportionate allocation to QIBs.
Further, not less than 15% of the Net Offer shall be available for allocation on a proportionate basis to Non Institutional Bidders and not less than 35% of the Net Offer shall be available for allocation to Retail Individual Bidders in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Offer Price such that, subject to availability of Equity Shares, each Retail Individual Bidder shall be Allotted not less than the minimum Bid Lot, and the remaining Equity Shares, if available, shall be allotted to all Retail Individual Bidders on a proportionate basis.
Further, up to up to 70 million will be offered for allocation and Allotment on a proportionate basis to the Eligible Employees Bidding in the Employee Reservation Portion, conditional upon valid Bids being received from them at or above the Offer Price.
All Bidders, other than Anchor Investors, shall participate in the Offer mandatorily through the Applications Supported by Blocked Amount (“ASBA”) process by providing the details of their respective
bank accounts in which the corresponding Bid Amount will be blocked by the SCSBs. Anchor Investors are not permitted to participate in the Offer through the ASBA process.
Dias L-R Mr. Ankit Jain, Vice President Finance, Mas Financial Services Ltd, Ms. Darshana Pandya, Director & COO, Mas Financial Services Ltd, Mr. Kamlesh Gandhi, Founder, Chairman & Managing Director,Mas Financial Services Ltd, Mr. Mukesh Gandhi, Co-Founder, Director & CFO, Mr. Girish Nadkarni, Managing Director, Mas Financial Services Ltd, Ms. Nisha Shah, Director, Mas Financial Services Ltd

Motilal Oswal Investment Advisors Limited is the Book Running Lead Manager (“BRLM”) to the Offer. For details, please see the cover page and page 67 of the RHP. The Registrar to the Offer is Link Intime India Private Limited. For details, please see the cover page and page 69 of the RHP.
The Equity Shares of MAS Financial Services Limited is proposed to be listed on the National Stock Exchange of India Limited and BSE Limited.
About MAS Financial Services Limited:
MAS Financial Services Limited (“MAS”) is a Gujarat-headquartered NBFC with more than two decades of business operations and as of June 30, 2017. MAS operate across six States and the NCT of Delhi. Their business and financing products are primarily focused on middle and low income customer segments, and include five principal categories: (i) micro-enterprise loans; (ii) SME loans; (iii) two-wheeler loans; (iv) Commercial Vehicle loans (which include new and used commercial vehicle loans, used car loans and tractor loans); and (v) housing loans. The Promoters of MAS have significant operational experience in the financial services sector in India.

Cornitos launches ‘9 Star Dip O' Treat’ in New, festive packaging



New Delhi, September 2017: This season, Cornitos, the flagship brand of Greendot Health Foods Pvt Ltd  brings the ‘9 Star’ gift pack in all new packaging for its consumers. The newly designed Gift box contains assorted nachos flavors and dips, packed individually in an attractive and classy packaging. Perfect for the gifting season ahead, 9 Star Dip O’ Treat makes a nice, healthy treat for your loved ones.

As the name suggests Cornitos ‘9 Star Dip O’ Treat’ will add 9 stars to your celebrations. Gift box contains nine packs of 30g nacho crisps in new, vibrant packaging along with delectable Salsa and Cheesy Jalapeno Dip in 40g blister cups to accompany Nacho Crisps. The flavors offered are Cheesy Sour Cream and Onion, Peri Peri, Sizzlin Jalapeno, Extra Cheesy - Cheese and Herbs, Tomato Mexicana, Tikka Masala, Lime and Mint, Spicy Sweet Chili and Barbeque.

You can enjoy ‘9 Star Dip O’ Treat’ with your friends and family and make your celebrations even more special and memorable.

Price: 9 packs of 30 g Nacho Crisps + 40g Salsa Dip + 40g Cheese Dip - MRP 240

Availability: It is available in all retail outlets across India.


Cornitos is the largest brand in the Nacho Crisps category in India.  Cornitos Brand Portfolio includes Nacho Crisps, Taco Shells, Chunky Salsa Dips, Roasted Premium Nuts - Cashews & Almonds, Coated Green Peas and Pickles - Jalapeno Peppers & Gherkins. Cornitos has an extensive distribution network across Pan India. Complete Range of Products available in Retail, E-Retail and Modern Trade stores. Institutional sales across through Airlines, Horeca, Multiplexes and Cafes. Cornitos products are exported globally, to the USA, Australia, China, Singapore, UAE and South East Asia.

Greendot Health Foods

Greendot Health Foods Pvt Ltd was the first company to launch Nacho Crisps in Indian snacks. The production facility at Roorkee, Haridwar district, Uttarakhand, is equipped with state-of-the-art processing machinery and is manned by a team committed to quality. GHFL is ISO-22000, HACCP and Halal certified company. It also has registrations from FSSAI and US FDA.

Embrace Yoga this World Heart Day!



This World Heart Day, Embrace Yoga, the Holistic Workout for Your Body & Mind
Akshar, Founder, Director, Akshar Yoga

Yoga is referred to as one of the most ancient healing techniques, originated in ancient India. Yoga has been a part of our lifestyle. Our sages practiced it to enhance inner tranquility and spiritual insights. Yoga is performed slowly, stretching the body into various poses, focusing on the breath and meditation. A healthy heart could reflect in your healthy being.  A healthy trend of the day is the growing consciousness in the current generation on health and healthy living. A greater number of youngsters are willing to try different sorts of workouts to maintain an active and healthy lifestyle, choosing yoga could be considered a holistic alternative in the best interest of their physical and mental health.
Yoga can provide a holistic balance of both physical fitness and mental stability. Yoga works in unique way to ensure mental strength and physical flexibility.
Stress is one of the major causatives for coronary arteries getting blocked, and this results in cardiac arrests. Yoga can bring down the stress level and helps one stay in peace. Yoga lowers blood pressure naturally by inducing deep relaxation in the body as it helps in increasing antioxidants levels and lowers the stress hormone.
Yoga can not only contribute towards maintaining a healthy heart it can also offer to be an antidote for cardiac patients. Post any cardiac episodes, patients tend to become mentally weak. Bypass surgery patients often deal with difficult emotions including anxiety and depression. One of the major reasons for this is the feeling that they will have to lead the rest of their lives managing a chronic disease. Yoga has proven to be really helpful in handling these stress levels in cardiac patients by providing them with the right mind frame to handle their condition better.
These yoga asanas will help you to keep your heart healthy!
·         Tadasana: This asana helps in strengthening the vertebral column and the heart. Deep breaths also expand the lungs.
·         Vrikshasana: The tree pose helps in developing a firm and balanced posture. It expands the heart and broadens the shoulders enhancing confidence and mental happiness.
·         Trikonasana: Trikonasana expands the heart and enhances cardio vascular strength. Chest tends to expand when the breathing becomes intense.
·         Veerabhadrasana: The pose enhances the body balance and stamina. It improves blood circulation and releases stress and keeps the heart rate in check.
·         Dhanurasana:  The bow pose strengthens the heart region and enhances flexibility.
·         Salamba Sarvangasana: This pose pacifies and activates the parasympathetic nervous system which relaxes the body
·         Salabha bhujangasana: The pose allows the chest to expand. It stretches the lungs, shoulders and enhances flexibility
·         Anandasana:  This is the counter pose for all the yoga posture. It makes the body completely relaxed. It improves the overall health of the heart
·         Ardha Matsyendrasana: The pose works on whole spinal cord, up the sides of the chest when performed on the left and right sides. The heart is strengthened by doing this asana.