Sunday, 12 November 2017

BIBA celebrates with BIBA Girls new range

BIBA Brings in Children’s Day Carnival at BIBA stores
Celebration Just Got Merrier with BIBA Girls

November 10, 2017:  This Children’s day, BIBA Girls- a range of ethnic wear for kids aged between 2-15 years from BIBA, the leading ethnic wear brand, is all geared up to bring joy to little divas. BIBA, as a brand has always celebrated the free spirit of young girls by its offering and designs. Now, on the special day for children, the celebration has got a little more merrier. 

The weekend of Children's Day, BIBA invites all young girls to walk in at the store and indulge in little offerings arranged for them. Making shopping experience all the more enticing, BIBA, will give away branded balloons, candies and ‘I am a Biba girl’ badges to all walk-in with kids and customers shopping BIBA Girls merchandise. To make girls feel more special there is an arrangement of sessions with hair braiding and tattoo artists at key stores across the country. The brand has also initiated an online Facebook contest inviting mothers to post pictures of their kids' “That’s my Girl” moment.

Ace Social Impact Investor Douglas Vaughn visits India



New Delhi, 9th November 2017

Mr. Douglas Vaughn is the Managing Partner of Tricolor Cleantech Capital, a US based social impact fund that has been formed with the sole objective of making safe water available to communities in India. Recently he visited India, more specifically Delhi NCR and Mumbai with the sole objective to witness the expansion of JanaJal water ATMS which is their first investment in the social sector in India. 

On the occasion Mr. Douglas Vaughn said “Our Company’s future plans include increasing the footprint beyond the existing regions of Mumbai and Delhi NCR to other parts of the country. I would also like to congratulate the entire team at JanaJal for their efforts that seems to ensure that the company is well on track to achieve its first target of 1000 commissioned water ATMs by the end of 2018.”

Tricolor Cleantech Capital was founded in early 2017 with a vision towards solving big problems of availability and accessibility of safe water across large communities in developing countries like India. The company's focuses is on bringing clean and potable water to people at places where finding safe water is a challenge. 
Tricolor Cleantech Capital invested in JanaJal, a social enterprise based in New Delhi, India that has developed a highly robust and sustainable operating model of making safe water available through installation and operations of water ATMs.

 India being a country where many millions go daily without access to safe drinking water, Tricolor’s strategy is to support and adopt a financially sustainable approach so that the opportunities can generate sufficient returns to survive over the long term while delivering significant social and environmental benefits.

Aasaanjobs launches application tracker feature across platforms, enhances employer-applicant communication


The feature enables live application tracking for applicants, increasing control and transparency for all

New Delhi, November 8th, 2017: AasaanJobs (www.aasaanjobs.com), one of India’s leading HR marketplaces connecting employees, consultants, and job seekers, has introduced a new feature that will greatly assist job applicants and employers in communicating with each other during the application process. Its Live Application Tracker looks to address the long time-to-hire for applicants and employers, providing more transparency and control in managing their various applications in real-time.

The Application Tracker works similarly to order tracking mechanisms available on e-commerce websites, helping job seekers receive live status and updates on their job applications created on AasaanJobs. This will allow the applicant to know when the application has been received and whether they have received an interview call or an acceptance from the AasaanJobs mobile application or desktop website. The feature also allows for responding to interview calls and booking slots, informing the employer about availability at particular times and days.

Commenting on the launch and its reception, Dinesh Goel, CEO, AasaanJobssaid, “The Application Tracker is a truly remarkable feature that will set us apart from other job portals. We didn’t just want to curate different opportunities, but wanted to add value as a platform to the recruitment process. Understanding that transparency from both the employers and the prospective employee was lacking, we introduced this feature to make the job seeker an active stakeholder in the recruitment process. It also is an integral part of our larger plans to automate a bigger portion of the recruitment process, and appreciably optimize it to reduce the time-to-hire for employers.”

Launched in the third week of August, the feature has already received impressive traction, with 4600 actions carried out on nearly 18,800 applications created through the mobile app in the month of October alone. The interview slot booking feature has received the most use thus far, and also enables job seekers to accept or reject offers at the tap of a button from the mobile application, reducing the uncertainty and opaqueness of the entire process. The feature is an important step in Aasaanjobs’ vision to create a complete two-way matchmaking and engagement system to make recruitment more efficient and rewarding for companies and employees.

Catalyst CEO Champions for Change Outperform the S&P 500 for Advancing Women Leadership in the Workplace



Pitney Bowes is a Proud Member of Catalyst CEO Champions for Change


STAMFORD, CT, November 7, 2017: Pitney Bowes (NYSE: PBI), a global technology company that provides innovative products and solutions to power commerce, is being recognized today by the Catalyst CEO Champions For Change initiative. Catalyst CEO Champions for Change is a collective of 50 high-profile CEOs who visibly support and drive diversity, inclusion and gender equality within their organizations to advance women into leadership roles. According to a progress report released today by Catalyst, using baseline data mined from all Catalyst Champion companies, findings show that the Catalyst Champion organizations, including Pitney Bowes, are outperforming their peers in the S&P 500 in all areas of women’s representation.

Pitney Bowes has previously earned the Catalyst Award for its diverse and inclusive practices toward women who now represent 42% of its global workforce, 27% of its senior management, 30% of direct reports to the CEO, and 36% of its Board of Directors.

“We commend Pitney Bowes along with the other Catalyst Champion CEOs who represent a passionate group of change agents. They are already leaders and champions of gender equality and inclusion. Now they are taking bold action, holding themselves publicly accountable for doing the right thing and inspiring all of us to do more,” says Deborah Gillis, President and CEO, Catalyst.

“Our commitment to diversity, inclusion, and open markets is the right thing to do, it’s imperative for our business, and it is core to who Pitney Bowes has been for nearly 100 years,” said Marc Lautenbach, President and CEO of Pitney Bowes. “Our company has evolved and adapted throughout almost a century of change, guided by these unassailable truths. We will continue to be vigilant to our values which are that we do the right thing the right way.”

Findings from the report include:
·         Catalyst Champion companies outperform their S&P 500 peers in advancing women at all levels of the organization, specifically among board seats (29.0% Catalyst Champion vs. 21.2% S&P 500), executive/senior-level positions (27.9% Catalyst Champion vs. 26.5% S&P 500) and first-/mid-level positions (38.4% Catalyst Champion vs. 36.9% S&P 500).
·         Catalyst Champion companies outperform their S&P 500 peers in advancing women of color at all levels of the organization, specifically among board seats (6.0% Catalyst Champion vs. 3.8% Fortune 500[1]), executive/senior-level positions (5.2% Catalyst Champion vs. 4.7% S&P 500) and first-/mid-level positions (11.3% Catalyst Champion vs. 10.5% S&P 500).

To add context, even what looks like relatively small progress in some cases can have a large impact. For example, Catalyst’s analysis shows that improving the total number of women in leadership roles by 1% across all S&P 500 companies would result in 12,000 more women in these roles.

IRB Infrastructure Developers Net Profit jumps 65%

IRB announces Q2FY18 results; posts Net Profit of Rs. 235 Crs; H1FY18 Net Profit at Rs. 473 Crs.
·         Total income for Q2FY18 is  Rs. 1,269 Crs; for H1FY18, its Rs. 3,140 Crs

New Delhi, November 8, 2017: IRB Infrastructure Developers Ltd. (IRB); India’s leading and one of the largest highways infrastructure developers, today announced its unaudited financial results for the second quarter of FY18.

The Company registered Net Profit of Rs. 235 Crs in Q2; and Rs. 473 Crs in the first half of FY 18. 

The highlights of Financial Performance are:

Q2FY18 v/s. Q2FY17            
Sr. No.
Particulars
Q2FY18
(In Crs. Rs.)
Q2FY17
In Crs. Rs.)
% Increase /
(Decrease)
1
Total Income
1,269
1,324
(4%)
2
Profit before tax
357
176
103%
3
Net Profit
235
142
65%

H1FY18 v/s. H1FY17            
Sr. No.
Particulars
H1FY18
(In Crs. Rs.)
H1FY17
(In Crs. Rs.)
% Increase /
(Decrease)
1
Total Income
3,140
2,872
9%
2
Profit before tax
762
431
77%
3
Net Profit
473
324
46%

While commenting on the occasion, Mr. Virendra D. Mhaiskar, Chairman & Managing Director, IRB Infrastructure Developers Ltd. said, “Q2 and first half performance is encouraging as it set robust pace for coming quarters and involved major developments. We tied up Rs. 1,461 Crores Project Finance for Udaipur – Gujarat Border Project; started tolling on two new projects; successfully transferred Pathankot Amritsar project to IRB InvIT and got two notches rating upgrade to A+ which likely to reduce finance cost.”
He further added, “We are out of GST led slowdown in traffic and, since September, have been witnessing promising growth across projects. We have entered second half with lot more gusto and look forward to large opportunities unfolding with latest Government initiatives”

The highlights of quarterly performance are:

  • Achieved Financial Closure for Udaipur – Gujarat Border 6 laning highway project on 5th July 2017 and started tolling from 4th September 2017, after receipt of Appointed Date from the NHAI.
  • Achieved COD for Kaithal – Rajasthan Border project on 8th September 2017.
  • Transferred Pathankot-Amritsar highway project to IRB InvIT on 28th September 2017 at a P/BV of ~1.3x, generating cash of Rs 544 Crs to IRB. 
  • Debt Equity Ratio has further reduced, substantially, from 2.1:1 before InvIT IPO to 1.7:1 now and company stands at a net cash position, leading to credit rating upgrade by couple of notches from A- to A+.
  • Total Order Book stands at approx. Rs. 8,200 Crs, including Rs. 7,500 Crs of Construction order book, at the end of Q2FY18  

About IRB Infrastructure Developers Ltd:
IRB Infrastructure Developers Ltd (IRB) is leading and one of the largest private roads and highways infrastructure developing Companies in India.

The Company, at present, is having 7 operational projects under BOT space post InvIT; 7 projects under O & M contracts and 7 projects under various stages of construction.

IRB, in the 20th year of its journey towards excellence, has achieved several unmatchable milestones, which includes completion of around 12,000 lanes Kms, contributing near 20% share in India’s prestigious Golden Quadrilateral project; maintaining assets of more than Rs.35,000 Crs, under BOT as well as O&M space, which is the largest by any private highways infrastructure developers in India.

IRB Infrastructure Developers Ltd. is India’s first Infrastructure developer Company to have privilege of successfully launching and listing of India’s first ever InvIT IPO.

INTERNATIONAL SCHOOL OF DESIGN PRESENTS THE GRAND FASHION EVENT “ECO FASHION 2017”



New Delhi, 9th November : Fashion is at the forefront this winter as International School of Design, New Delhi one of the premier design school in India once again electrifies the city with its high impact, fully integrated fashion show featuring the creative minds of INSD with their breathtaking collections at the Garden of Five Senses, Saket, New Delhi. The show stopper was Ms Richa Sood,Pilot and BJP leader & spokesperson.

 The grand INSD fashion show with sustainable fashion as its core theme rightly named “ECO FASHION 2017” travels you across all boundaries of design and witness the extraordinary creations at its glamorous best. . It was time to back pack and sneak peek in jet setting Diva’s fashion Pandora. Soaked in the paradise of this diverse extravaganza and celebrate the ultimate style. Each INSDIAAN had dexterously worked on sustainable fashion with each of their individual collection and extracted the best vision from their creative young minds .Who’s who from Delhi fastened their fashion bells and checked in their style passport  to take off on the razzmatazz runway of easy chic! The themes presented by students are FANTASY, SAY IT ALL, SPECTRUM, SATVA, and ARISTOCRACY.

In addition to being a unique opportunity for upcoming talented fashion designers, the event will also spotlight the finest upcoming Interior Designers. The concept of this exciting event is to create a posh environment to enjoy a top-of-the-line runway show.

We, at INSD live and breathe design and this event was the highlight of our finely designed academic training, practical training & industry centric programs said Mr. Sunjey Aggarwal, Founder & CEO. The grand fashion event featured the innovative designs in fashion & interiors. The event also featured innovative products by Interior Design Students and interesting giveaways. 
International School of Design-INSD has made a prominent presence in India as the premier design college within a short span ,now at 40+ centres all across India covering most of the metro cities,and INSD is also very proud to be awarded with a National award for the best design college in India 2017 by the director AICTE.

H&M TO OPEN IT’S FIRST STORE IN RAIPUR

 
 Keeping up with the momentum of 24 stores in 24 months, H&M, the international fashion brand known for offering fashion and quality at the best price in a sustainable way is proud to announce the launch of three new locations, to open in the last quarter of 2017.

Continuing with the brands expansion in tier 2 cities with Amritsar, Indore and Coimbatore launched earlier in the year, H&M will be opening its first store in Raipur at Ambuja City center on November 29, 2017. The store is spread across 16,000 sq.ft. This continues the brands expansion into tier II markets such as Amritsar, Indore and Coimbatore which launched earlier in the year.

Further strengthening its presence in existing locations, there will be a sustained focus on Tier 1 cities - Mumbai will see the launch of one more new store at R City, Ghatkopar making a total of six store locations in Mumbai & Hyderabad will see the opening of its second store at Al Cazar, Jubilee Hills. 

H&M currently operates stores in Delhi NCR, Mumbai, Hyderabad, Chennai, Bangalore, Pune, Amritsar, Indore, Coimbatore, Kolkata, Mohali.

Gurugram to host THINK BIG 2017 - Asia’s Largest Women Entrepreneurship & Economic Empowerment Platform



·         Haryana Chief Minister Sh. M. L. Khattar to be the Chief Guest
·         To be attended by over 1500 Delegates
·         There will be a day-long trade show in the side line of the event
·         The ThinkBig 2017 is a part of the run-up to the 7th edition of Global Entrepreneurship Summit (GES) in 2017, ‘Road to GES’ series

Gurugram, 8th November, 2017
Gurugram, the financial and technology hub of the national capital region, is going to host THINKBIG 2017, Asia’s largest women entrepreneurship and economic empowerment summit at Kingdom of Dreams, Sector 29, Gurugram on Monday, 13th November, 2017 . Hon’ble Chief Minister of Haryana Sh. Manohar Lal Khattar is going to deliver the keynote address as the Chief Guest, along with Guests of Honour Sh. Suresh Prabhu, Hon’ble Union Minister for Commerce & Industry, Government of India, Sh. Amitabh Kant, IAS, CEO, Niti Aayog, Sh. Vipul Goel, Hon’ble Minister for Industries & Commerce, Government of Haryana, Sh. Vinay Pratap Singh, IAS Deputy Commissioner, Gurugram, Haryana amongst others.

The summit aims at connecting with Indian and Global Corporations, Medium & Small Businesses to open doors to future trade and collaboration. The one-day event aims to bridge the gap between companies and women entrepreneurs and establish successful collaborations through strategic partnerships. It aims to bring together women entrepreneurs, corporate buyers, government, industry mentors, women industry associations, investors and media to inspire and empower women entrepreneurs by connecting them with Big and Small corporate.

Speaking on the occasion, Sh. Sh. Vinay Pratap Singh, IAS, Deputy Commissioner, Gurugram, said, “We are proud to be the host of the prestigious THINKBIG 2017. The ThinkBig Summit is perfectly in sync with our Honourable Chief Minister’s vision to take Haryana among the top two states in the country in terms of ‘ease of doing business’. As part of its future roadmap, the Haryana Government has initiated a number of reform measures to streamline the regulatory burden associated with doing business. The state has achieved significant milestones in its endeavour as a hub for industrial products as well as start-ups; this is evident from the fact that Haryana today is a major contributor to the GDP of our country”

“Gurugram as city always offers a level playing field to the working professionals and, in fact, encourages women to work during late hours by providing them adequate security. With this mega summit, we hope to generate and provide more business opportunities to the women entrepreneurs in

the state of Haryana so that they become an integral part of the growth of our society.” Added Sh. Singh.



Mr. Parul Soni, Global Managing Partner, TTC and brain behind the THINKBIG Summit, said, “By connecting women entrepreneurs, companies and government on the same platform, THINKBIG 2017 employs a tri-sector approach to nurture an inclusive entrepreneurial ecosystem for women owned businesses and will help all the stakeholders to have meaningful interactions with each other.”

“We are extremely happy to have partnered with the state of Haryana for ThinkBig 2017. Haryana is a state that is known for being an incubator to the businesses – for both multinationals as well as for the start-ups. With the presence of the government, the businesses involved will also get a chance to learn about the various initiatives by the government to help support women entrepreneurship and how to take advantage of business-friendly policies initiated by the State. We looking forward to a great working relationship with the Government of Haryana.” Added Mr. Soni.

The 2017 edition of the summit will be the fifth ThinkBig in succession of the previous four summits that took place in Bengaluru and New Delhi, from 2013 to 2016, and will be a part of the run-up to the 7th edition of Global Entrepreneurship Summit (GES) in 2017, ‘Road to GES’ series. The United States of America and Republic of India are jointly hosting the GES 2017 in Hyderabad, India, from November 28 to 30. ThinkBig 2017 will enable women attendees to showcase their businesses and leverage the knowledge and connections of other attendees to pursue potential financial and non-financial partnerships through various modules. The summit will be hosted by Thinkthrough Consulting in partnership with WEConnect International.