उतराखण्ड भ्रात संगठन दरिया ने स्वच्छ भारत अभियान के तहत सफाई अभियान चलाया

By Tricitynews Reporter

Chandigarh 02^nd October:- उतराखण्ड भ्रात संगठन दरिया चण्डीगढ द्वारा स्वच्छ भारत अभियान के मिशन के तहत सफाई अभियान चलाया गया । सफाई अभियान गढवाल कलोनी से शुरू होकर हरीश डाबा में खत्म हुई । इस अभियान में 10 गलियों और 3 मुख्य रास्ते एवं दो पार्को को साफ किया गया । इस मौके पर संगठन के सदस्यों बच्चों और बुजुर्गो ने बढ चढकर ग्रामीणों के सहयोग से गांव में सफाई अभियान भी चलाया गया।

अभियान की शुरूआत करते हुए संगठन के चेयरमैन हरीश बर्तवाल ने कहा कि गांव स्वच्छ होंगे तभी भारत स्वच्छ होगा।उन्होंने कहा हमेशा अपने घरों एवं उसके आसपास स्वच्छता बनाने रखने का संकल्प भी लिया। सभी जनसमुदाय को व्यक्तिगत स्वच्छता, घरेलू स्वच्छता तथा पर्यावरणीय स्वच्छता के प्रति जागरूक किया गया। स्वच्छता के अभाव में अनेक तरह की बीमारियां पनपती है। उतराखण्ड भ्रात संगठन के चेयरमैन हरीश बर्तवाल, प्रधान हरिकशन डंडरियाल, महासचिव विनोद कोठियाल, उप प्रधान दीपक उनियाल, प्रेस सचिव कुलदीप धस्माना, केशियर बलवंत बिष्ट, पीडी देवशाली,जितेंद्र रंधावा, रमेश चंद्र, राकेश भंडारी,  बीरेद्र राणा, विजय सेमवाल,पूरण सिह कडकोटी, बालम सिंह नेगी, आदि गणमान्य व्यक्ति मौजूद थे ।

VIEC Announces New Ludhiana Office at Malhar Road

By Tricitynews Reporter

Ludhiana 02^nd October:- Viv’s International Education Centre (VIEC) announced today the relocation & opening of their new Ludhiana office at 2-E, First Floor, Malhar Road, Opp. Flamez Mall, Ludhiana. VIEC is one of the world’s largest Overseas Education Companies present in India since 1996 with 29 offices in India and 8 offices across the globe. VIEC has direct agreements with more than 180+ reputed international institutions worldwide including those in Australia, Canada, Dubai, Ireland, Malaysia, New Zealand, Singapore and the United Kingdom and has successfully helped more than 35,000 students till date to accomplish their dreams.

The move into new Ludhiana Office at Malhar Road was celebrated with a dedication ceremony that included Ms. Vivienne Porter –Founder & CEO, Vinod Malhotra, Sr. Adviser – South Asia, Prashant Mehra, branch head Ludhiana. The new office is custom built & spread over 1500 sq. feet with state-of-the-art workspaces & will facilitate the VIEC’s work style & will help facilitate the students better. Students can visit the new office from 9:30am – 6pm from Monday to Saturday to avail VIEC’s quality services.

Ms. Vivienne Porter–Founder & CEO said that this is an incredibly exciting time for our business and signals another milestone in our amazing story. With such rapid growth over the last two years in Ludhiana, this move will further enable us to increase our foothold in the market. VIEC is the one stop answer for all your Study Abroad needs. With quality credentials and trustworthy services, we guide students regarding admission procedure, visa formalities, travel etc.

Prashant Mehra, branch head Ludhiana said that VIEC is not associated with any other company and has just one office in Ludhiana, any other company is not authorized to act on VIEC’s behalf.

SBI organizes “Swachhata Drive” on Gandhi Jayanti Day

By Tricitynews Reporter

Chandigarh 02^nd October:- Chandigarh Circle of SBI comprising its operations in Chandigarh (UT) and the states of Haryana, Punjab, Himachal Pradesh and Jammu & Kashmir, carried out “Swachhata drive” across its territoryin the run up to Gandhi Jayanti day.

Swachhata drive started from the Bank’s Local Head Office in Chandigarh, with a large number of officers and staff led by the bank’s Chief General Manager, Anil Kishora, cleaning up the peripheral roads adjoining the LHO building.

On 2^nd October, SBI officials carried out “Swachhata drive” at Sec-42 Lake in Chandigarh. The volunteers of NSS who are students of Govt. College for Girls, Sec-42 Chandigarh also joined hands with the SBI team, to participate in the cleanliness mission.

Similar Swachhata initiatives were undertaken by the Bank’s Zonal offices in Chandigarh, Panchkula, Rohtak, Patiala, Ludhiana, Bhatinda, Shimla and Jammu. As many as 2174 Branches also joined in the campaign by spring cleaning their premises and adjoining areas. Many passersby said that it was inspirational to see SBI staff, their friends, relatives and students carrying out Swachhata drive, wearing T-shirts embossed with SBI and Swachh Bharat logos. The Bank hopes this initiative will inspire the employees not only to keep the bank premises clean but also participate in keeping their neighborhood neat and clean.

SBI is committed to contribute to Swachh Bharat goals.

DAMS organizes Digital Seminar to Crack NEET-PG

By Tricitynews Reporter

Chandigarh 02^nd October:- Chandigarh- Delhi Academy of Medical Science (DAMS) organized a digital seminar  via  satellite link to crack National Eligibility Cum Entrance Test for Post Graduate Programme (NEET PG) organized by National Board Examination (NBE). The seminar held at Talkatora Stadium, Delhi and was broadcasted through satellite in Chandigarh and other centers, through which 25000 students from 150 centers across the country participated in this seminar.

The major objective of the seminar was to guide the aspirants who are looking to crack National Eligibility cum Entrance Test for Post Graduate Programme (NEET PG) to get admission into MD/MS/Post Graduate Diploma Courses organized by National Board of Examination (NBE). The important aspects about the Entrance exam are discussed in this seminar, the general tips to crack the exam, selection process, paper pattern, Marking Scheme and Subjects to be focused. The aspirants who want to crack the exam should know the importance of setting goal with pre-planning and its execution. 

This seminar featured different session on various medical topics like Radiology, Pathology, Obstetrics, Gynecology, Surgery and its instruments, Microbiology, Ophthalmology, Dermatology, Pharmacology and Orthopedics etc. Students were very much excited with the twist and turns in the exam pattern. It was extremely interactive session, where students came forward to converse and clarify their doubts. This seminar provided helpful insights to students for acquiring their maximum potential

Dr. Sumer Sethi -Director Delhi Academy of Medical Sciences said that these specially prepared digital lectures are prepared to give you the edge over others and you will definitely gain something fruitful which will help you to crack medical examination. He also emphasized to utilize precious time to solve the patterns of questions which are asked from  micro level of your subjects so it become necessary to read each and every minute fact.

Deptt of Gandhian & Peace Studies-Panjab University organises Week-Long Celebration Mahatma Gandhi Jayanti

By Tricitynews Reporter

Chandigarh 02^nd October:- The Department of Gandhian & Peace Studies, Panjab University, Chandigarh organized a week-long celebration of the Jayanti of Mahatma Gandhi from 26th September, 2017 to 2^nd October, 2017. Dr. Seema Pasricha introduced all the dignitaries to the audience and also informed everybody about the working and achievements of the Department. She elaborated that a Cleanliness Drive Rally was organized followed by activity of cleaning of the Pool around Gandhi Bhawan and its surroundings on 26^th September, 2017 in which more than 150 students, University faculty members and non-teaching staff participated.

An On-The-Spot Essay Writing Competition was organized on 27^th September, which brought in numerous students from the Colleges of Chandigarh and Punjab University Departments. Further an On-The-Spot Painting Competition was organised on 28^th September which attracted a huge number of students from different schools of Chandigarh, Panchkula and Mohali (Tricity).    

A Special Lecture titled, “How to Postpone and Prevent Type-2 Diabetes” was delivered by Professor Sanjay Kumar Bhadada, Department of Endocrinology, PGIMER, Chandigarh on 29^thSeptember in which he educated and informed the gathering about the formula of a healthy lifestyle, to be followed by each and every individual alike.

On the occasion of Gandhi Jayanti, Bharat Bhushan Bharti, Chairman, Haryana Staff Selection Commission delivered a Special Lecture on “Gandhi’s Relevance in the Contemporary World”. In his talk, he highlighted Gandhi’s mantra of non-violence and emphasized on the importance of a Sanskrit phrase (shlok) “Ahimsa Paramo Dharma” which translates to “Non-violence is the ultimate dharma” by Mann (Mind), Vachan (Words) and Karma (Action).

Professor Sanjay Kaushik, Honorary Director, ICSSR, Chandigarh delivered a lecture in which emphasised that we should always try to be ready for any adverse situation and follow Gandhian ideals in the real essence.  

Professor Arun K. Grover, Vice Chancellor, Panjab University presided over the function. The Vice Chancellor, in his address, highlighted on the importance of this day by explaining the history of Mahatma Gandhi and highlighting the requirements of the Contemporary World with the importance of Science and Technology. He also congratulated all the faculty members and others alike and proceeded to emphasise on the fact that we have to work hard further to achieve more.

The Chairperson, Department of Gandhian and Peace Studies & Honorary Director, Gandhi Bhawan, Dr. Ashu Pasricha, extended her warm thanks to all the invited guests and the attendees. Mrs. Manisha Bansal Badal, Director, Postal Services, Punjab Circle, Chandigarh focused her address on the importance of use of in-land and requested everyone to start writing letters.

On this occasion, the Best Mali Award for the year 2017 was awarded to Jagjiwan Kumar, Construction Office, Panjab University, Chandigarh which included a cash award of Rs. 2100/- with an appreciation letter from the Registrar, Col. Guljit Singh Chadha. The Best Volunteer of NSS Award for the year 2017 was awarded to Sandeep, USOL, Panjab University, Chandigarh with a cash award of Rs. 1100/-

After the prize distribution, the results of the Inter-College/PU Departments Competitive Exam (Subjective) on the Autobiography of Mahatma Gandhi titled, “The Story of My Experiments with Truth” and On-The-Spot Drawing/Painting competition were also announced and the students who got Ist, IInd and IIIrd positions were awarded the cash prize of Rs 1000/-, 700/- and 500/- respectively. The names of the winners are Gurpratap Singh Randhawa, P.U. (1^st Prize), Mansi Sharma, P.U. (2^nd Prize), Gazala Khan, Dev Samaj College of Education, Sector 36, Chandigarh (3^rd Prize). For the On-The-Spot Drawing/Painting competition, the names of the winners are, Nitika, Shishu Niketan Model Senior Secondary School, Sector 22-D, Chandigarh (1^st Prize), Charushikha, New India Senior Secondary School, Sector 15, Panchkula (2^nd Prize), Jasneet Kaur, Shivalik Public School, Phase VI, Mohali (3^rdPrize).

Sant Nirankari Mandal organizes Painting Competition on Spiritual and Social Topics

By Tricitynews Reporter

Chandigarh 02^nd October:- A Painting competition on spiritual and social topics was organized today by Chandigarh branch of Sant Nirankari Mandal at Sant Nirankari Satsang Bhawan, Sector 30 A, Chandigarh.

Approximately 350 children from Tricity, of age group 7-16 years participated. Children expressed their thoughts through art and colour on topics like Tree Plantation, Cleanliness Drive, Glimpse of Nirankari Mission, Teachings of Nirankari Mission, Nirankari literature, Happy Family, Service to Humanity, etc.

The painting competition was inaugurated by Navneet Pathak  Sanyojak of Chandigarh. He said that prime aim of organizing this completion is to change the child attitude because if such feelings are inculcated in the children then in future feeling of brotherhood can be built not only in society but also in entire universe.

J. K. Cheema Sanyojak of Mohali Branch, and Usha, Aruna Sharma, Ashok Kumar and other distinguished saints were also present on this occasion.

Navneet Pathak ji said that all the children who participated would be given certificates by Sant Nirankari Mandal Chandigarh. The first, second and third rank holders will be awarded by Nirankari Mission. Additionally good paintings made by children shall be displayed in exhibition at Annual Sant Nirankari Annual Samagam scheduled from 18^th to 20^th November in New Delhi. 

Chandigarh Based Water Pumps' E Commerce Giant - Pumpkart Expands into Appliances & Electronics

By Tricitynews Reporter

Chandigarh 02^nd October:- Chandigarh based company, Pumpkart, after revolutionizing, the way water pump industry operates, is now venturing into Business to Customer (B2C) segment by adding a range of appliances and electronic items. Very excited to embark on a new journey, Pumpkart is now poised to be in race with giants like Amazon, Flipkart and Paytm in B2C segment. Besides, Pumpkart promises to be a game-changer, as it will also manufacture its own products.

Highly upbeat about the new developments, K S Bhatia, Founder Pumpkart while divulging more details said that we started small but dreamt big and now it gives us immense pleasure to see our vision taking shape. Pumpkart will no more be a dedicated Water Pumps E Commerce company. Our entry into B2C segment has put us into the league of big players but our USP of owning in-house brands will help us stand out.”

Now Pumpkart will focus along with motor pumps on Home Appliances, Fans, Geysers & with its  existing network of Retailers which will be touching 10000 by March 2018. The company will create In House Brands & a few months down the line it will enter Mobile Phones market also. K S Bhatia added further that by doing this we will become a dedicated one stop shop for all Home Consumers. Along with this we will continue converting few Pumpkart Retailers into 'Brick & Mortar' Pumpkart Stores in every market of major cites of Punjab & Haryana.  Pumpkart wants to be different from what other E Commerce companies are doing.

Taking it a step further, Pumpkart has come up with one-of-its-kind “mobile van” to introduce the concept of e-retail to the untapped rural areas, Tier 2 & Tier 3 cities. The company is working on the principle of online-to-offline (O2O), & the mobile van will offer the advantage of giving “touch & feel” to rural masses. The company will target the rural areas, farmers, retail segment as well as the industrial segment through this mobile van.

K S Bhatia said that this way we will be doing our bit in promoting rural economy, we are committed to providing water pumps and few other industrial products at factory prices to farmers and rural masses.

It is noteworthy that Pumpkart has also become a part of India’s largest E-commerce “Digibank Marketplace” platform, which will be launched in few days by one of India's largest financial institution.

Pumpkart will introduce this “mobile van” in Punjab and Haryana in the initial phase and over a period will take it to other areas.

Sahaj Music Records Unveils Single Track IInquilab on BhagatT Singh Birth Anniversary

By Tricitynews Reporter

Chandigarh 29^th September:- Inquilab Zindabad. A phrase that was coined by Maulana Hasrat Mohani in 1921 and later popularised by Shaheed-E-Azam Bhagat Singh, it became one of the rallying cries of the Indian Independence Movement. The revolution that aimed to end British tyranny, oppression and dominance over the subcontinent might have succeeded, but it has taken on a newer meaning in present day Punjab. Keeping this in view, Sahaj Music Records announces the launch of their new single, “Inquilab”. Sung by Ravi Inder Sheen, the song aims to promote the ideology of never giving up and is dedicated to all those people who, despite facing numerous difficulties, have never bowed down to any kind of oppression.

Talking about this new venture, the producers Bhanu Sharma and Ved Yadav said that currently, Punjab is undergoing a difficult time due to a rise in drug addiction, female foeticide, Casteism, farmer’s suicides and violence. This song is an attempt to rally the youngsters of the state to bring forth a revolution that aims to put an end to all these evils. If all the youngsters and the entire population in general devote their time and energy towards following the ideology of Shaheed-E-Azam Bhagat Singh, Punjabi Society will once again reclaim its lost glory.“We have decided to release the song on September 28, as this is the 90^th birth anniversary of Shaheed-E-Azam Bhagat Singh. By interacting with people at places like the Darbar Sahib and Jallianwala Bagh on Bhagat Singh’s birth anniversary, we will try to highlight the importance of the words Inquilab Zindabad and their significance in today’s day and age”, says the singer of the song, Ravi Inder Sheen.

The lyrics of the song Inquilab have been penned by Prince Dhunna and Ravi Inder Sheen. It was Prince Dhunna’s poem `Tusi kuj hor vehnye ho’ which touched a chord with Sheen and Sahaj Music Records. Sheen then wrote and composed it in the form of a song to give birth to `Inquilab.’ Prince Dhunna is a poet from Patti (Tarn Taran district). In an attempt to sensitise as many people as possible, the team will be travelling to cities like Amritsar, Jalandhar, Ludhiana, Barnala, Patiala, Ferozepur, Faridkot and Chandigarh to engage in conversations with people and hear their views about today’s Punjab. This not only will help people to think of innovative solutions to tackle today’s problems, but will also give the producers innovative ideas to come up with more songs on socially sensitive issues.“Since we have planned to release one song every month, this initiative will help us in understanding the problems faced by the people living around us”, feel the producers.

Maharishi Dayanand Public School Celebrates Green Consumer Day

By Tricitynews Reporter

Chandigarh 29^th September:- The Eco Club of Maharishi Dayanand Public School, Daria , Chandigarh organized Essay Writing  Competition  on  a Green Consumer Day  with collaboration of the Environment Department  of Chandigarh on the school premises today. This competition was divided into two categories i.e., junior and senior.

Students expressed their feelings on clean environment and about global warming caused by cutting of trees. They stressed to grow more trees for balancing of environment. They told that everyone should purchase products that are Eco-friendly. Products with little or no packaging, products made from natural ingredients and products which are made without causing pollution are Eco-friendly products. The green consumer should drive a hybrid vehicle; buy products made with hemp or those made from recycled materials.  Shivam Shrey and Sahil bagged first, second, third and consolation prizes in junior category in senior category Jatin Singh, Bhola Kumar and Vishal singh got first, second and third position respectively.

Principal Dr. Vinod Kumar gave away prizes to the winners. He said that the main aim of this program was too aware the importance of recycling-reusing and reducing waste.

Trends Festival Exhibition: A Paradise for Festive Shopping

By Tricitynews Reporter

Chandigarh 29^th September:- Once again the air is full of excitement, as it's that time of the year when a flurry of festivals start knocking on our doors. 'Navratras' are concluding, while Dusshera, Karwachauth & Diwali are festivals people have already started looking forward to & making preparations for. All these festivals will soon be followed up by the big fat Indian wedding season.

Pankaj Jain, Director, The Rising, the company  under who's banner  Trends Exhibitions are organised said that looking at the need for a single platform for festival  & wedding needs we have put up a lifestyle showcase --'Trends Festival. This is the 17th Edition of Trends Exhibition which has come to be known as a very customer friendly exhibition. The Exhibition has started in Kisan Bhawan & will be on from 29th September to 2nd October 2017.

In this 4 day Exhibition exclusive products related to festive season have been showcased. There is designer apparel, bridal wear, Indo Western wear, fashion accessories, footwear, furniture, home decor, specialised Karwachauth & Diwali stalls all under one roof. Designers have come with their creative collections from all over India.

To ring in Karwachauth & the Wedding season, Rosy has brought designer Karwa Thalis, Kalash etc. Not just this, another major attraction that she has are wedding boxes, readymade packing for bridal dresses, Sarees, Lehengas, Suits etc & the Bangle boxes are quite a draw. Looking at Diwali which is around the corner, Alka has brought designer candles in her collection. There are candles ranging from gel, wax, scented, floating diyas etc. She has a range of beautiful ‘Torans’ too.

Fashion label Nanki creations is present with its collection. Mystique too showcased it's ensemble. Label ' Albeli' is here with designer dresses & Juttis. 'Pari Creations' has showcased beautiful dresses. A wide range of Wedding Gowns' collection is also there. Many more designers of bridal, party wear etc are lending a lot of variety to 'Trends Festival Exhibition'.

Accessories to go with the festive dresses are being catered to by exhibitors like 'Majaajan' which has a collection of unique earings & hair accessories. One can get to choose from an array of Exotic Jewel pieces at 'Radhika Jewels', which brings Hyderabad pearl & Kolkata jewellery.

'Me & You' has brought from Jaipur exquisite handloom products. Dari carpets, cushion covers, bed sheets, runners, Dohars with floral prints, quilted bed covers, curtains, dining sheets etc all are there in its ensemble. A stall just at the entry of the exhibition hall 'Look N buy ' is attracting people,  as it has lovely lamps to add to your home's festive decor. 'Brand On' is a House of modern furniture to deck up your home. The famous Badohi carpets are also available. 

Not just this Exhibitors have come with a wide array of towels, imported leather bags, imported Western ear etc. Specialists in fabric & traditional Indian handicraft from different states of India have converged at 'Trends Festival Exhibtion'. With Karwachauth approaching there is a Free Mehndi stall where women can get beautiful Mehndi done.

PCJ Announces Bollywood Power Couple Akshay Kumar and Twinkle Khanna as its Brand Ambassdors

By Tricitynews Reporter

Chandigarh 29^th September:- P C Jeweller, India’s premier jewellery brand announced their  foray into media entertainment in celebrity endorsements and announced their brand ambassadors from Bollywood the stunning Twinkle Khanna and the ruggedly handsome Bollywood megastar Akshay Kumar a.k.a Mr & Mrs Khiladi. As part of the one year agreement, PCJ will leverage the versatility of the star couple, who have Bollywood’s filmy legacy and Twinkle’s status as a celebrated author, producer and columnist. Both Akshay and Twinkle’s brand presence resonate with luxurious style of PC Jeweller as a brand.  The company will be releasing a TV and print commercial featuring the dynamic star couple encapsulating the essence of the brand and the art of jewellery creation.

PCJ, country’s leading and one of the fastest growing jewellery retail chain has 84 showrooms across 67 cities in 20 states of India. With a portfolio of attractive wedding jewellery and affordable wearables, PC Jeweller has fashioned exceptional designs with unmatched quality. The brand has been a pioneer in designs as every product is crafted to a standard of perfection. Its range of both traditional and contemporary jewellery has always earned admiration for its unique craftsmanship.

Speaking on the partnership, Balram Garg, Managing Director PC Jeweller said that we are thrilled to announce Akshay Kumar and Twinkle Khanna as PC Jeweller's brand ambassador and we warmly welcome them to the PCJ family. The star couple sets formidable example about bond of love and cherishing relationship. We believe this association will further add spirit to the brand and strengthen PC Jeweller brand image in the country.”

National award winner Akshay Kumar has proven his mettle with series of versatile roles in films spanning over multiple genres. Twinkle Khanna, who also had an enjoyable beginning in Bollywood is now a sought-after interior designer and very well-known author. The couple embodies a bond of trust which complements PC Jewelers legacy and brand ethos.

On being the brand ambassador of PC Jeweller, the star couple Akshay Kumar and Twinkle Khanna said that it has been an absolute pleasure to be a part of the PCJ family and we are happy to be associated with the brand known in the country for its jewellery, design, captainship and trust. We look forward to being a part of its fascinating growth journey in India.

Gulf Oil Collaborates with Manchester United to Launch ‘Gulf Fan Academy’

By Tricitynews Reporter

Chandigarh 29^th September:- Gulf Oil Lubricants India Ltd, part of the Hinduja Group, in collaboration with Manchester United, today unveiled a unique campaign – ‘Gulf Fan Academy’, with the aim to connect with ardent Indian fans of the football club. The Gulf Fan Academy is a part of a multi-rollout comprehensive campaign to highlight Gulf Oil’s association with Manchester United as the official global retail fuel and lubricant partner.

Ravi Chawla, CEO & MD, Gulf Oil Lubricants India Limited said that the Gulf Fan Academy is a unique platform by the fans, for the fans, to the fans of Manchester United. The initiative will be instrumental in enhancing Gulf Oil’s digital footprint and present an innovative way to engage with the 600 million fans, spread across India and the world. Gulf Fan Academy will provide the fans with an opportunity to showcase their fandom in their own unique ways, while uniting them with their favourite football club under one platform. We would like to specially thank the #NumberOneFan enrolled into the Gulf Fan academy Mahendra Singh Dhoni, who can be seen showcasing his passion and love for the Manchester United club.

The ‘Gulf Fan Academy’ is going to be driven by popular stand-up comedian Azeem Banatwalla, who as the Chief Fan Officer will engage with fans, some of whom are high profile personalities. A self-confessed fan of Manchester United, cricket legend Mahendra Singh Dhoni will feature in the video doling out details & conversations that highlight his love for the club.

The ‘Gulf Fan Academy’ will engage Manchester United fans through a variety of original entertaining content as well as by hosting a series of contests in the form of challenges on social media along with on-ground activations. Fans who prove their mettle through endurance and passion, will be awarded at the Gulf fan academy with official Manchester United autographed merchandise and in many other ways. They will also be groomed to become the ultimate fan and gain access to the Hall of fame. These top winners will then get a trip to Old Trafford (UK), the Theatre of Dreams and home of Manchester United.

A major highlight of the engagement campaign will also be an upcoming tour of Manchester United Legends in the country. The Gulf Fan Academy will primarily engage with the audience in the digital domain through official digital properties, Facebook, Twitter, Instagram, Web Banners and YouTube, of both Gulf Oil and Manchester United.

Indian Clearing Corporation Limited (ICCL) Granted Renewal of Recognition by SEBI

By Tricitynews Reporter

Chandigarh 29^th September:- The Indian Clearing Corporation Limited (“ICCL”), has been granted renewal of recognition by the Securities and Exchange Board of India (“SEBI”) for a period of three years commencing on October 03, 2017.

 ICCL is a wholly owned subsidiary of BSE and carries out the functions of clearing, settlement, collateral management and risk management for various segments of BSE. ICCL was granted Qualified Central Counterparty (“QCCP”) status by SEBI on January 3, 2014. A QCCP member is subjected to lower capital requirements/charges under the Basel III framework introduced by the Basel Committee on Banking Supervision. ICCL, as a Qualified CCP, is additionally required to comply with the rules and regulations that are consistent with the Principles for Financial Market Infrastructures ("PFMI") issued by the Committee on Payment and Market infrastructure ("CPMI") and International Organisation of Securities Commissions ("IOSCO").These rules and regulations focus on limiting systemic risk and on enhancing transparency and stability in the financial market.

ICCL is a recognised clearing corporation under Regulation 4 and 12 of Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012. ICCL is regulated by SEBI and the Reserve Bank of India (“RBI”), for select products. ICCL is the only clearing corporation in India to have been granted "AAA" rating by two rating agencies, India Ratings Ltd. (Indian arm of Fitch Ratings) and Care Ratings Ltd. ICCL aims to provide secure, capital-efficient counterparty risk management and post-trade services and has put in place a robust risk management framework to mitigate the risk it undertakes in its capacity as a clearing corporation.