BANGALORE SOUTH MP & BJP GENERAL SECRETARY ANANTH KUMAR  LAUNCHED DOOR TO DOOR CAMPAIGN IN HIS CONSTITUENCY.

'FREE BENGALURU' CYCLE DAY IN JAYANAGAR.
ANANTH KUMAR ENCOURAGING USE OF CYCLES BY SETTING AN EXAMPLE.

ECL FINANCE LTD. ANNOUNCES PUBLIC ISSUE OF SECURED REDEEMABLE 
NON CONVERTIBLE DEBENTURES.

ECL Finance ltd., the NBFC arm of Edelweiss Financial Services Ltd., announced the Public Issue of secured Redeemable Non Convertible Debentures (NCD's).
Face value: Rs. 1000/each.
Total Amount : Rs.250 crores with an option to retain oversubscription amounting to Rs.250 crores thus totalling to Rs.500 crores.
Tenor: ranging from 36 months to 60 months. Rating : CARE AA'  & BWR AA from 
Brickworks -Outlook stable.
Interest : 11.60% annualised yield:12.24%  11.85%,annualisd basis:12.52%.
Issue Opening on : 16.01.2014, Closing on: 27.01.2014.
Lead Managers to the Issue: ICICI Securities Ltd.Axis capital Ltd.,&Edelweiss
Financial services ltd.
( For more information please read the prospectus & the details contained
in the application form )

PHACO FESTIVAL 2014.

Under the aegis of Bangalore Opthalmic Society & Karnataka Opthalmic society.

Phalco Festival is a forum to share Professional knowledge, surgical expertise
and to update about the recent advances in the field of refractive surgery
& cataract surgery.

"Today cataract surgery is refractive surgery" said Dr. Sri Ganesh MD,Nethradhama
Superspeciality Eye Hospital in Bangalore.Further he said,Patients expect very good
Uncorrected vision and freedom from glasses after cataract surgery.

Live cataract surgeries performed by expert doctors were relayed by web telecast  for the 
benefit of the delegates,Students and the participants.

IMTEX FORMING 2014.

Indian Machine Tool Industry.
- Key User industries-Automobile,
Auto component,Defence,
Aerospace, & Power.

Indian Machine Tool 
Manufacturers Association
(IMTMA) is back with
its International Forming
Technology Exhibition -
IMTEX FORMING 2014 
and concurrent show
TOOLTECH 2014.
Date: 23rd to 28th January,2014
Venue: Bangalore International Exhibition Centre,Tumkur road.

IMTEX 2014 offers synergy between machine Tool manufacturers & manufacturing
Stakeholders.The exhibition promises to showcase comtemporary innovations
ranging from the most efficient and advanced machineries.IMTEX also provides
platform for regional players to go pan India.It also helps SME's to showcase  their
products & its range.
It is expected that the exhibition will attract 45,000 visitors which may result in
business enquiries amounting to around Rs.2800 crores.Leading countries who 
are in big way in manufacturing will participate.
About the Machine Tool industry:
Globally: India ranks 6th in consumption & 13 th in production.We are importing
about 65% of our requirement of machinery.With the rupee weakening against the
dollar, it is expected that the imports may drop by 20%.The industry estimates that
the domestic production may increase to 50%in 5 years.

 

INDIAN RAILWAYS -RAIL WHEEL FACTORY.

AWARDS

International Recognition.
1.The Prestigeous International 
Star for Quality (ISAQ) Award in Platinum category,by Business initiative Directions (BID),Madrid,Spain.This award was conferred on Rail wheel Factory(RWF) at Geneva,Switzerland on 29.09.2013.RWF was chosen by the BID Council,by the process 
of voting among 118 countries.
2.The prestigeous GOLDEN PEACOCK AWARD under "Special commendation"
for sustainability-2013.This award was given to RWF in a function held in
London on 2nd october,2013 instituted by Institute of Directors(IOD) 
Both the awards dedicated to Indian Railways and handed over to Mr.mallikarjun
Kharge, Union Railway Minister by Mr.Rajeev Bhargav,General Manager,
Rail Wheel Factory. Mr.Kharge praised the dedication of the officers & employees
of the Rail Wheel Factory for the awards.