THE JOURNEY TO A WONDERFUL INDONESIA VIDEO” WINS NOT ONE, BUT TWO AWARDS IN UNWTO TOURISM VIDEO COMPETITION

Prambanan file pic - By Sachin Murdeshwar / TGN

MUMBAI,  18 September,  2017 (TGN) :  “Journey to a Wonderful Indonesia”, the promotional video of Indonesia’s Tourism, today won not just one, but two awards in the UNWTO Tourism Video Competition 2017. Showcasing the diverse mesmerising wonders of the Indonesian Archipelago, the video received Top Awards in the category East Asia and the Pacific Region, as well as the People’s Choice Award.

The Awards were presented in the 22nd UNWTO General Assembly at the Intercontinental Century City Convention Center Hotel, Chengdu, China, and was received personally by a delighted Minister Arief Yahya, Indonesia’s Tourism Minister.

Emerging on the top of the list, the Video successfully outranked others submitted by 63 countries.

As the title implies, “A Journey to a Wonderful Indonesia” takes the audience on an exceptional trip across Indonesia’s array of spellbinding destinations like Yogyakarta, Bali, Jakarta, Lombok, Toraja, Raja Ampat, and Wakatobi. Aptly accompanying this amazing display of wonders, is the legendary hit song brought by none other than the unforgettable Louis Armstrong :’ What a Wonderful World’.

Expressing his delight in this achievement, Minister of Tourism, Arief Yahya said: “Today we have gained the highest achievements from UNWTO for the Best Tourism Video in the Asia Pacific region as well as the Best Tourism Video chosen by viewers all over the world”.

These awards are very significant, continued the Minister, since they represent the 3C’s, being: Calibration, meaning that Indonesia has calibrated our path correctly; Confident, meaning that these Awards will definitely boost the country’s confidence in moving forward developing our tourism; and Credibility, meaning that this achievement will surely add to our worldwide credibility.

Indonesia warmly thanks all friends around the world who have voted for Indonesia’s video, directly or through our website indonesia.travel.ENDS

TTF India’s largest travel tradeshow network in Mumbai To boost domestic and outbound travel

Mumbai,  15 September,  2017 (TGN) : After hugely successful shows in Ahmedabad and Surat, the stage is now set for TTF, India’s largest travel tradeshow network,  which opened today at Mumbai’s Nehru Centre, to woo the travel trade from the city of Mumbai and its hinterland for the peak Diwali vacation season, followed by the Winter holidays.

TTF is India’s leading show for the travel and tourism industry, providing an annual opportunity to organisations from all over India and abroad to showcase their products and services. Travel trade visitors and actual tourists can interact with tourism boards, tour-operators, travel agents, hoteliers and airlines to gather information and make their national and international travel plans. TTF thus presents an unparalleled marketing opportunity for exhibitors to directly connect to the large gathering of prospective travellers and members of the travel industry.

TTF Mumbai has grown 25% over last year, with 220 exhibitors from 20 states and 8 countries, showing strong trends in the travel sector. 12 states are participating at the level of State Tourism Boards : Andhra Pradesh, Bihar, Goa, Gujarat, Jammu & Kashmir, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Rajasthan, Telangana and Uttar Pradesh.  Other 9 states which are being represented through their private sector stakeholders are Andaman and Nicobar, Daman and Diu, Himachal Pradesh, Maharashtra, Puducherry, Punjab, Uttarakhand, Tamil Nadu and West Bengal.

International sellers from Nepal, Maldives, Canada, and Bhutan are also be exhibiting in TTF Mumbai, along with the host country, India.

Jaykumar Rawal, Maharashtra Tourism Minister said “I am glad to learn that Fairfest Media Ltd. is organizing TTF in Mumbai from 15^th to 17^th September, 2017. TTF helps in creating employment, and promoting understanding, peace and harmony. It also encourages domestic tourism, the backbone of the Indian tourism industry. I am sure that TTF would go a long way in providing fillip to tourism industry in the country.”

Commenting on the significance of TTF, Sanjiv Agarwal, Chairman & CEO, Fairfest Media Ltd (organiser of TTF), remarked, “TTF West Series is designed to cater to the tourism industry in the region, the biggest tourism market in the country, at a strategically important time before the high season of Diwali”.

The first half of the 3-day show, till 2pm on Saturday, is reserved for travel trade visitors, after which the show will be open for all.

TTF Mumbai will be followed by TTF Pune (September 22-24), together comprising the biggest tourism market in India.ENDS

Hindi movie “ISHQ KA MANJAN” Trailer Released

MUMBAI,  13 September, 2017 (TGN)  : Hindi movie “ISHQ KA MANJAN” is all set to  release on 6^th Oct 2017.Recently the Trailer for this film was launched amidst much fanfare.

Synopsis:

The story revolves around a plotline wherein he crime syndicate involved with human trafficking is depicted in detail. A the core there is a love story between a girl and boy who is the protagonist. The story also comprises of several sociopolitical angles attached to he functioning of human trafficking syndicate across the country. The moment of anagnorisis for the protagonist is when his lover’s sister is kidnapped by mafia henchmen. The unfortunate series of events unfold resulting in the murder of the lead female character. His lover’s death pushes the protagonist towards a commited cause of countering he crime menace all around.

Studio: Shape Entertainment Pvt. Ltd.

Presented by- Shape Entertainment Pvt. Ltd.

Genre:  ROMANTIC DRAMA / COMEDY

Director- Ram Kumar Pawadia

Writer – Ramkumar Pawadia

Producer – Jaivindra Singh Bhati, Ram Kumar Pawadia  &  Veena Kumar

Co-Producer – Anil Kumar, Sunita Sharma, Gaurav Bhati, Shamsher Khan

Release date: 6^th October 2017

Starring- Shakti Kapoor, Kiran Kumar, Raza Murad, Asrani, Munesh Nebra, Sonam Chaudhary,  Imran Rajput,, Rahul Chauhan, Reena

Child Artist – Ritika Nebra, Heena, Ehsaan

Crew:

DOP –  MD. Salim Khan

Story & Dialogues –  Ram Kumar Pawadia

Lyrics – Ram Kumar Pawadia

Music – Moh. Zafar

Choregraphy – Kausar Shaikh

Editor – Sharad Salvi

Sound Mixing – Nitish Shama

Background Music – Raja Yadav

Sound designer – Ram Sevak Rai, Bishan Gurung

Publicity Design – Mint Design

MUMBAI TO HOST IFAT INDIA 2017 FROM 26th TO 28th SEPTEMBER 2017 AT THE

(Left - Right) Mr. Tushar Alekar, Commercial Director, Messe Muenchen India. Dr. Suresh Kulkarni, Secretary, Maharashtra Water Resources Regulatory Authority. Mr. Sameer Unhale, Additional Commissioner, Thane Municipal Corporation. Dr. Shrikar Dole, Founder & CEO, SDG Foundation.- Photo By Sachin Murdeshwar / TGN. 

Mumbai,9 September 2017 (TGN) :IFAT India 2017 will be held at the Bombay Convention and Exhibition Center, Goregaon from 26th to 28th September 2017. After successful openings at Hyderabad, Ahmedabad and Delhi, the organizers will be making a final stop at Mumbai on September 8, 2017 for a promotional tour of the trade show to raise awareness about various environmental issues in the region as well as the discuss latest solutions and innovations which are in the market.

IFAT India 2017 is a three- day trade show which is expecting over 170 participants from 18 countries. Among them are market leaders like L&T, Thermax, Ion Exchange, Ramky, Aqseptance Group, Endress+Hauser, Excel, Kirloskar Brothers, Kishor Pumps, Tata Projects, Wilo, Siemens, Lanxess, Astral Poly, Xylem, CRI Pumps, LG Chem, Wipro Water and many more. The 2017 edition will also feature country pavilions from China, Germany, Austria and Switzerland.

The trade fair will witness technical presentations, panel discussions and tutorials, where industry experts – both from India and overseas –will share their knowledge with the audience at the Innovation Exchange. There will also be a dedicated area for training, live demonstrations, product presentations and skills contests, running parallel to the show. The aim of the Active Learning Center is to promote talent and combat the shortage of skilled workers in the Indian environmental sector.

Bhupinder Singh, CEO of Messe Muenchen India, said: “The Government of India is extensively focusing on the environmental sector and the steps to counter issues deterring it and this edition will discuss issues related to air pollution. IFAT India is an apt platform where innovative technologies providing solutions towards the Indian environmental issues will be showcased. I am glad to announce 2017 edition of the IFAT India is completely sold out with the overwhelming response from across the globe.”

According to the experts, with the increasing population, the management of municipal solid waste (MSW) in the country has emerged as a severe problem because of the sheer quantities generated every day. According to the Annual Report of State Pollution published in 2015-16, the state of Maharashtra comprising of 262 local bodies generates around 21,867 tonnes of MSW every day of which 86.7% is contributed by class-A cities. Air pollution is also emerging out as a key concern in a developing economy like India; more than 80% of Indian cities violate the prescribed standards of air quality.

Dr. Ajay Mathur, Director General, TERI, said, “Today, climate change is a real threat and its manifestations are becoming apparent. In today’s globally interconnected society, it is more important than ever to build a policy framework that can evolve and adapt rapidly to this growing threat. Trade fairs like IFAT India help in creating awareness about the environmental issues and address these challenges.”

The trade show will also provide an opportunity to industry experts, policy makers and business leaders to discuss regional strategies on numerous environmental challenges and seek solutions through formal interactions.

Along with the trade exhibition IFAT INDIA with its partners will concurrently organize multiple interactive programs, to name a few – Air Quality Management Workshop by SDG (Sustainable Development Goals Foundation); Workshop on entrepreneurship in waste management by ISWA (International Solid Waste Association); Biogas Panel by GIZ, German Biogas Association and Indian Biogas Association; Water Skills Competition by Skill Council for Green Jobs, GIZ and DWA.

IFAT INDIA will also host an Environmental Technologies Conference in association with TERI, which will focus on issues related to Air Pollution, Solid Waste Management and Urban Water Management in the context of Sustainable Development. This edition will also witness a new initiative Business to Government Forum that will provide states an ideal platform to announce new projects, to find matching solutions for new tenders and to inform participants about the latest policies in the environmental sector.ENDS.

Matrimony.com Limited’s Initial Public Offer opens on September 11, 2017, with price band of Rs.983 – Rs. 985 per equity share of face value of Rs. 5 each

Mr Murugavel Janakiraman, MD, Matrimony.com at the IPO press conference in Mumbai.- Photo By Sachin Murdeshwar / TGN

Mumbai, 4th September,  2017 (TGN) : Matrimony.com Limited, a leading provider of online matchmaking services in India in terms of the average number of website pages viewed by unique visitorwill be launching its initial public offer (“IPO” or the “Offer”) which is scheduled to open on September 11, 2017 and close on September 13, 2017 with a price band of Rs. 983 – Rs. 985 per equity share of face value of Rs. 5 each of the Company. The Anchor Investor Bid/Offer Period shall be September 08, 2017, being one working day prior to the Offer Opening Date.

The Issue comprises of Fresh Issue up to  Rs. 1,300 million (the “Fresh Issue”) and an Offer For Sale of up to 3,767,254 equity shares  comprising offer for sale of up to 1,461,006  equity shares by Bessemer India Capital Holdings II Ltd, Offer For Sale of up to 155,760  equity shares by Mayfield XII , Mauritius aggregating, Offer for Sale of up to 1,683,207  equity shares by CMDB II, Offer for Sale of up to 384,447 equity shares by Murugavel Janakiraman(“Promoter Selling Shareholder”) and Offer for Sale of up to 82,834 equity shares by Indrani Janakiraman (a member of our promoter group) (collectively, the “selling shareholders”) (collectively the “offer for sale”). The offer includes a reservation of up to Rs. 5 million for eligible employees (defined hereinafter) (the “employee reservation portion”).

The Offer is being made pursuant to Rule 19(2)(b)(ii) of the Securities Contracts (Regulation) Rules, 1957, as amended (“SCRR”). The Offer is being made through the Book Building Process in accordance with Regulation 26(2) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended (the “SEBI Regulations”), wherein at least 75% of the Net Offer shall be Allotted on a proportionate basis to Qualified Institutional Buyers (“QIBs”), provided that our Company and the Selling Shareholders in consultation with the BRLMs 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 (defined hereinafter). The 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. If at least 75% of the Net Offer cannot be Allotted to QIBs, all the application monies will be refunded forthwith.

Further, not more than 15% of the Net Offer shall be available for allocation on a proportionate basis to Non Institutional Bidders and not more than 10% of the Net Offer shall be available for allocation to Retail Individual Bidders in accordance with the SEBI Regulations, subject to valid Bids being received from them at or above the Offer Price and 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.

All potential investors, other than Anchor Investors, are required to participate 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 Self Certified Syndicate Banks (“SCSBs”). For details, see “Offer Procedure” at page 407.

The Net Proceeds from the fresh issue component of the Offer will be utilised towards (i) Advertising and business promotion activities; (ii) Purchase of land for construction of office premises in Chennai; (iii) Repayment of our overdraft facilities; and (iv) General corporate purposes.  

Axis Capital Limited and ICICI Securities Limited the Book Running Lead Managers (“BRLMs”) to the Offer. The Registrar to the Offer is Karvy Computershare Private Limited.

The Equity Shares of Matrimony.com Limited are proposed to be listed on the BSE Limited and National Stock Exchange of India Limited.ENDS

Rubber industry poised for growth, faces skill shortage

L-R Mr Vishnu Bhimrajka , Mr Vikram Makar & Mr Vinod Patkotwar at Media Meet of AIRIA in Mumbai - Photo By Sachin Murdeshwar - TGN

MUMBAI,  22nd August 2017 (TGN) : Recent data from CAPEXIL indicates the exports of rubber products increased by 5%, boosted by non-tyre rubber products. This is noteworthy as the sector has witnessed dwindling growth rates during the last three fiscals, and indicates the large potential for growth if proper policies are in place. The rubber industry in India manufactures around 35,000 different rubber productsthat find use across critical sectors likeAuto, Defense, Healthcare, Agriculture and other niche areas. The rubber products industry in India, the size of which is currently estimated at Rs 75,000 crore, is dominated by the small-scale sector. Around 90% of the 6,000-plus rubber products manufacturing units in the country are micro, small and medium enterprises (MSMEs), and they account for 40% of the rubber products exports.

India is the 3rd largest producer and 2nd largest consumer of rubber in the world. Estimates suggest over two million peopleare employed in the rubber industry including tyre units, and another one million in the plantation sector across the country.

“Rubber is a sunrise sector in India and fits perfectly with the government’s Make in India and Skill India initiatives, but also suffers from the shortage of skilled labor and abnormality in the duty structure which is unfair to domestic manufacturers,The growth in the industry has dwindled in the last three years and can be revived if proper policies are put in place. With the government opening up sourcing for most defence and infrastructure projects, it should ensure that the opportunity is not taken away by international companies,” says, Mr. Vikram Makar – Sr. Vice-President, All India Rubber Industries Association (AIRIA)– the not-for-profit body serving the rubber products industry and trade with the objectives of safeguarding and promoting interests of the Rubber Products Industry, especially the MSMEs. The association, established in 1945, has over 1300 members at present.

Vinod Patkotwar, CEO, Crown Rubber Products, said the collation of data on imports is a herculean task as many of the rubber products are clubbed with other items during import. For instance, he said conveyor belts used in the mining sector are imported 12-15 per cent cheaper from China along with other implements.

The per capita consumption of rubber in India is estimated to be very low, in the range of 0.8 – 1 kg, against a global average of 3.2 kg, and as high as 12 to 14 kg in Japan, Europe and the US. Even China has per capita consumption of 8 kg. On the export front, India has a paltry share of 1.48% against China’s 11%. AIRIA maintains that India’s share of export of rubber products can be easily enhanced to 5% in the next 5-7 years to take the country to the top 5 exporters in this sector. “This gives us an idea of growth potential and we are working towards this objective,” adds  Mr. Makar.

For encouragement of exports of rubber products, AIRIA has asked the centralgovernment for a separate ‘Rubber Export Promotion Council (Rubexil)’ with a view to maximize the export potential of the rubber products industry. At the same time it is also promoting use of newer technologies in the sector, both in terms of newer formulations and increased automation in line with the rest of the industry, which is now adopting the concepts of Industry 4.0 globally.

The rubber products industry in India also suffers from skills shortage in the absence of proper and organised training facilities, as the workforce is basically trained on the job. As against the need for 7 lakh skilled personnel at present, the industry has only about 5 lakh, with a shortage of 2 lakh skilled candidates. To address this need,Rubber Skill Development Council (RSDC)has been constituted under the aegis of National Skill Development Corporation (NSDC), in collaboration with AIRIA and Automotive Tyre Manufacturers Association (ATMA), with the aim to identify and fulfill skill development needs in the rubber sector. The RSDC encourages the industry to employ skilled and certified manpower, and to meet the demand conducts various training programmes across the country covering rubber tappersat one end of the spectrum, andtechnicians working at the manufacturing units, at the other.

“As a vital component of ‘Make in India’ drive to build things here and sell everywhere, India’s Rubber Products Industry is well poised,” mentioned Mr. Vikram Makar in conclusion. ENDS