Monday, 16 October 2017

Kansai Nerolac Paints Ltd Announces Q2 Results FY 2017-2018

By Tricitynews Reporter
Chandigarh 16th October:- Kansai Nerolac Paints Limited (KNPL), one of the leading Paint companies in India, today at the Board meeting announced its unaudited results for the second quarter of financial year 2017-18. For the quarter, the company declared sales of Rs. 1288Crores and sales of Rs.2731 crores for half year.
Government of India has implemented Goods and Service Tax (‘GST’) from 1st July, 2017. GST replaced Excise duty, Service Tax and various other indirect taxes. As required by Ind AS and SEBI Listing Agreement, revenue for the quarter ended 30th June, 2017 and 30th September, 2016 and year ended 31st March, 2017 were and are reported inclusive of Excise Duty. However, revenue for the quarter ended 30th September, 2017 is reported net of GST. Had the previously reported revenues been regrouped (netted off with excise duty), revenue growth of the Company would have been 16.2 % for the quarter and 14.1 % for half year.
EBIDTA wasRs.221.3 crores a growth of11.6 % over the same quarter of the previous year. For the first six months, EBIDTA was Rs. 428.6 Crores a growth of 11.3 % over the same period of the previous year.
Commenting on the results,  H. M. Bharuka, Managing Director, Kansai Nerolac Paints Ltd said that c ompany has continued to register a double digit volume growth led by Decorative. All segments have done well. This quarter the effect of de-stocking by trade due to GST and preponement of sales due to an early Diwali were visible. The continued effect of higher raw material prices is continuing. The company is hopeful that with the implementation of GST and its broader acceptance coupled with a good monsoon, demand should be healthy across segments. Raw material prices and availability will continue to remain a concern due to larger geo political issues.

AIHM organizes Inter College Collage Making Competition on Theme “Mera Desh Meri Shaan”

By Tricitynews Reporter
Chandigarh 16th October:- Dr.Ambedkar Institute of Hotel Management, Catering and Technology, Sector-42D one of the leading institutes of Hotel Management providing various courses for hospitality education, is celebrating Paryatan Parv from 5th to 25th October, 2017.
The Institute joyously celebrated 12th day of “Paryatan Parv” by organizing an Inter College Collage Making Competition on the theme “Mera Desh Meri Shaan”, with an objective to commemorate the pride of our national tourism amongst the students of different colleges in the region.
A total of 36 teams comprising of 72 students from various institutes participated in the said contest. Participating teams prepared beautiful collages based on different aspects of tourism using articles, handicrafts, images and other accessories highlighting the cultural diversity, history, monuments, food specialty, dance form , music , costume, and other tourism phenomenon. There was a great zeal and enthusiasm when all the participants expressed their views and thoughts on the theme by using their imagination and creativity on a piece of white chart paper. The teams were encouraged to express their ideas and expressions on the topic in best possible way. The creative collages prepared by the students made it really hard for the eminent panel of judges to decide the winner. The winners were awarded with certificates and trophies.
Gourav Bisht and Junaid Hafeez  from IHM Chitkara declared First, Heema and Nishtha Batheja from Dev Samaj College of Education, Sector 36, Chandigarh, declared second and
Nakul Goel and Pankaj of AIHM Chandigarh declared Third in the competition.

Radiology Chair Oration and Gold Medal Awarded to HOD Radiodiagnosis, PGI

By Tricitynews Reporter
Chandigarh 16th October:- Prof. N. Khandelwal, Head, Deptt. of Radiodiagnosis has been awarded the Radiology Chair Oration by the Shri Venkateswara Institute of Medical Sciences, Tirupati. He delivered the oration on “Interventional Oncology: Present and Future”. Prof. Khandelwal was also awarded a gold medal for his exemplary role as an academician and an administrator. The scroll highlighted his contribution for the development of sub specialiteis like Neuroradiology, interventional Radiology, Pediatric Radiology and Emergency Radiology.

This Festive Season: Transform Your Life With Mega Offers from Godrej Interio

By Tricitynews Reporter
Chandigarh 16th October:- As the festive fervor sets in, India’s leading furniture solutions brand in both the home and institutional segments, Godrej Interio is offering its customers assured discounts on every purchase under the festive scheme. Customers will also get scratch cards on the total value of the purchase which can win them mega discounts of up to 100%. The offer commenced on September 15th and will end on December 15th in the East and North East markets. In South the offer will continue till December 20th. This season, one would be eligible for free gifts worth upto a significant sum of MRP Rs. 15500/- with the purchase of mattress.
Last year, many customers enrolled under this scheme and over 250 people won 100% and 50% discounts. With the festival season just around the corner, grab the opportunity and gear up to gift your home a beautiful set of furniture and kitchen.
Anil Mathur, COO, Godrej Interio, said that at Godrej Interio, we believe in constantly delighting our consumers with new designs and deliver an unparalleled brand experience. We aim to stand by our effort of innovation and deliver the finesse thereby. This festive season, we wanted our customers to feel more joyous, therefore, are offering assured discounts on every purchase nationwide with the Great Indian Furniture Fest and Godrej Interio invites everyone to join in the celebrations.

Ola Launches ‘Heroes of Ola’: A Multi-City Program to Recognize Outstanding Driver Partners

By Tricitynews Reporter
Chandigarh 16th October:- Ola, India’s most popular mobile app for transportation, today launched ‘Heroes of Ola’, a multi-city programme where driver partners will be felicitated for their exemplary customer service. Driver partners will be felicitated by officials from Traffic police station and senior officials from Ola in the presence of their family members at an event in their respective city.
The ‘Heroes of Ola’ will be selected basis customer feedback received by Ola through various interactive channels like social media, emails, and in-app feedback. It is a special initiative aimed at recognizing these exceptional driver partners and to motivate the entire partner community to offer exemplary service at all times.  The program has been kick started in key metros and will be conducted every month in other cities too in the presence of authorities, city officials, driver partners, and their families.
Nitesh Prakash, Senior Director at Ola, said that we receive a lot of appreciation for our driver partners who go above and beyond the call of duty for their customers across India. Customers write in through various channels appreciating the partners, and these stories are often heroic and often tear-jerking. With Heroes of Ola, we want to encourage such a culture of service among our 9, 00,000 driver partner community and share these inspiring stories with the entire worldHe further added, “The initiative will go a long way in ensuring customer delight as these heroes go about serving the mobility needs of a billion Indians.
We had some heartwarming stories for instance, where in one case our ‘Hero Ola driver partner’ showcased exemplary bravery by dropping the customer at the airport during the recent Mumbai heavy rains and in one instance, our ‘Hero Ola driver partner’ showcased honesty by returning the valuables of one of the customers, by covering a distance of 12 kilometers way past midnight. Recognizing and acknowledging driver partners who are championing the cause of great experience for customers and public good at large,  ‘Heroes of Ola’  have already been celebrated in key metros such as Mumbai, Bengaluru, Delhi NCR, Kolkata, Pune, and Hyderabad and will eventually expand to other regions across India.
The winners will include driver partners across categories like Ola Mini, Ola Micro, Ola Prime, Ola Share, and Ola Auto. Customers can submit their driver partner appreciation stories either through social media, through e-mails or in-app feedback using #HeroesofOla.

बावा बने ब्लॉक नंबर 11 के अध्यक्ष

By Tricitynews Reporter
Chandigarh 16th October:- चंडीगढ़ कांग्रेस की ओर से हरजिंदर सिंह बावा ब्लॉक नम्बर 11 के अध्यक्ष चुना गया है। पार्टी द्वारा अहम ज़िम्मेवारी दिए जाने पर एच एस बावा ने पूर्व केंद्रीय मंत्री पवन कुमार बंसल, चंडीगड़ कांग्रेस अध्यक्ष प्रदीप छाबड़ा सभी साथियों का धन्यवाद किया और कहा कि पार्टी द्वारा सौंपी गई ज़िम्मेवारी को वो तन मन से निभाएंगे। उन्होंने समस्त शहरवासियों को दीपावली पर्व की सुभकामनाए दी।