IFAT Delhi to showcase opportunities to assess global environmental contributions across the globe

Delhi, January, 2020: IFAT Delhi 2020 the three day (29^th to 31^st January 2020) trade fair hosted by Messe Muenchen India, commenced today at the India Habitat Center, Lodhi Road, New Delhi. The Trade fair was inaugurated by Shri. Prakash Javadekar, Minister of Environment, Forest and Climate Change; Shri. Raj Kumar Singh, Minister Ministry of New and Renewable Energy;

For the first time IFAT Delhi 2020- North India´s Trade Fair for Water, Sewage, Solid Waste and Recycling will take place alongside World Sustainable Development Summit 2020 organized by The Energy and Resource Institute (TERI) and will aim to establish a strong & comprehensive platform for the environmental sector in the north of India. IFAT Delhi will provide the ideal platform for WSDS 2020 to bring together policymakers, government agencies, local administration and industry consumers to interact, network and seek solutions for the current environmental challenges. WSDS is the annual flagship event of TERI which has brought together 47 heads of state and government, 13 Nobel laureates, ministers from 64 countries, 1700 business leaders, 1900+ speakers and over 13,000 delegates from across the world

IFAT Delhi is a leading trade fair for Water, Sewage, Sold Waste and Recycling. Due to its high population density and its expansive economic policy, India has immense potential for environmental technologies and waste management. Scarce water resources, rapid industrialization, extensive agriculture and enormous waste volumes pose a great challenge to the country.

IFAT Delhi 2020 hosted over 45 exhibitors from 10 countries. Among them are market leaders like Endress+Hauser (India) Pvt. Ltd., HP Composites LLP, WEIMA Maschinenbau GmbH, WEIMA Maschinenbau GmbH, Sarvo Technologies Limited, Micro Transmission Systems, SIDSA Environmental Pvt. Ltd, HP Composites LLP and many more

Mr. Bhupinder Singh, CEO of Messe München India, commented, “With growing environmental crisis, it is crucial to take definitive measures on a larger scale. With IFAT Delhi, we bring the latest innovations in the sector to India’s capital city. Our association with TERI for WSDW is a conclusive step towards environmental progression through sustainable measures, and a lucrative opportunity to engage with upcoming green technologies showcased at the trade fair.”

About IFAT India

IFAT India is India’s leading environmental technology trade fair for the segments water, sewage, solid waste and recycling. With an exhibition space of around 8,100 square meters, the last edition saw 184 exhibitors from 18 countries and 6,765 visitors from 35 countries.

IFAT worldwide

Messe München´s competence in organizing environmental-technology events is demonstrated not only in the world´s leading trade fair for the sector, IFAT, but also in a range of other international trade exhibitions around the world. The spectrum encompasses IFAT Africa in Johannesburg, IFAT Eurasia in Istanbul, IFAT India in Mumbai, and IE expo in Shanghai. With IE expo Guangzhou there is now also a regional edition of the trade fair, focusing on the market in South China.

Messe München

Messe München is one of the leading exhibition organizers worldwide with more than 50 of its own trade shows for capital goods, consumer goods and new technologies. Every year, a total of over 50,000 exhibitors and around three million visitors take part in more than 200 events at the exhibition center in Munich, at the ICM – Internationales Congress Center München and the MOC Veranstaltungscenter München as well as abroad. Together with its subsidiary companies, Messe München organizes trade shows in China, India, Brazil, Russia, Turkey, South Africa, Nigeria, Vietnam and Iran. With a network of associated companies in Europe, Asia, Africa and South America as well as around 70 representations abroad for over 100 countries, Messe München has a global presence.

"BLTM 2020 gives the Indian Traveller jump start on their Travel Plans"

January 2020

BLTM – The Leading Travel Trade Shows to Capture the Booming Indian Market

Our Promise – If it’s on the Map, we will bring it closer home

Result – We chase your vision to deliver more than promised

BLTM Delhi, scheduled from 31st January to 1st February 2020 is India’s leading trade show on Business, MICE & Leisure travel hosted within the city-centre of New Delhi. Held in the 5-star Leela Ambience Convention Hotel, it is an exclusive 2-day travel mart. The Guest of Honor is the Minister Commercial of the Sri Lanka High Commission, Ms. UppekhaSamaratunga.Taiwan, Sri Lanka, Indonesia, Maldives and Mauritius have joined the BLTM 2020 bandwagon along with over 100 other prime exhibitors.

Travel sellers can avail of an excellent business platform to meet top buyers from India at the show. BLTM Delhi is hosting 100 hand-picked corporate buyers from all over the country, including some of India’s largest corporates along with 50+ corporate buyers from Delhi-headquartered companies. Global Admin Heads, VP & Country Admin Heads, Global Travel Category Managers and Travel Procurement Heads from these companies will be attending BLTM.

The India Corporate Travel Forum at BLTM will also host world-class panel discussions on key corporate travel issues. Confirmed speakers include Hugo Slimbrouck, Director of Strategic Partnerships, Ovation Global DMC & Past President, SITE Global; J. Grant Caplan, President, Procurigence and Nisha B., Founder, Elevated Consultancy.

BLTM is partnering with WedWise to curate a special track on Destination Weddings. 50+ top wedding planners from all over India would convene for 2 days of B2B networking, interactions and much more. A unique conference programme on the trends and challenges of the Indian wedding industry will also be hosted, alongside an exclusive Wedding Zone complete with Wedding Themed Decor and experts from the wedding planning, hospitality and decor industry.

About Fairfest Media, India

Since 1989, Fairfest organises industry-leading trade shows in the travel and city development space in India.

With headquarters in Kolkata and Mumbai and additional offices in New Delhi, Ahmedabad, Hyderabad and Bengaluru, Fairfest’s staff covers all the business, travel and innovation hubs of India with Mr Sanjiv Agarwal as their CEO.

About Outbound Marketing, India

Outbound Marketing, setup in 2002, provides solutions to hotel companies and tourism destinations through full time sales and marketing representation and projects undertaken. Outbound Marketing works with connect worldwide, a global sales and marketing agency, as its Indian affiliate.

A QUIET PLACE PART II | THERE ARE PEOPLE OUT THERE WORTH SAVING | New Featurette Available Now!

THERE ARE PEOPLE OUT THERE WORTH SAVING

GO BEHIND THE SCENES WITH FILMMAKER JOHN KRASINSKI AND STAR EMILY BLUNT

VIEW THE FEATURETTE HERE

EXCLUSIVELY DISTRIBUTED IN INDIA BY VIACOM18 STUDIOS, A QUIET PLACE PART II IS IN THEATRES, DOLBY CINEMA AND IMAX ON MARCH 20, 2020

Paramount Pictures Presents

In Association with Michael Bay

A Platinum Dunes / Sunday Night Production

A John Krasinski Film

“A Quiet Place Part II”

Executive Producers Allyson Seeger, Joann Perritano, Aaron Janus

Produced by Michael Bay, Andrew Form, Brad Fuller, John Krasinski

Based on Characters Created by Bryan Woods & Scott Beck

Written and Directed by John Krasinski

FEATURETTE LINK: http://bit.ly/AQP2QuestionsAnswered

TRAILER LINK: Bit.ly/AQP2Trailer

OFFICIAL SYNOPSIS: Following the deadly events at home, the Abbott family (Emily Blunt, Millicent Simmonds, Noah Jupe) must now face the terrors of the outside world as they continue their fight for survival in silence. Forced to venture into the unknown, they quickly realize that the creatures that hunt by sound are not the only threats that lurk beyond the sand path.

WRITTEN & DIRECTED BY: John Krasinski

EXECUTIVE PRODUCED BY: Allyson Seeger, Joann Perritano, Aaron Janus

PRODUCED BY: Michael Bay, Andrew Form, Brad Fuller, John Krasinski

BASED ON CHARACTERS CREATED BY: Bryan Woods & Scott Beck

STARRING: Emily Blunt, Cillian Murphy, Millicent Simmonds, Noah Jupe, Djimon Hounsou

*CREDITS ARE NOT FINAL AND SUBJECT TO CHANGE* 

#AQUIETPLACE PART II 

Follow us on social media for more updates!  

   

Kansai Nerolac Paints Ltd Announces Q3 Results FY 2019-2020

Kolkata, January 31, 2020: Kansai Nerolac Paints Limited (KNPL), one of the leading Paint companies in India, today at the Board meeting announced its un-audited results for the third quarter of financial year 2019-20. For the quarter, the company declared Net revenue of Rs. 1248.1 Crores a de-growth of 7.6 % over the corresponding quarter of the previous year. For the nine months ending December 31, 2019, the company had a Net revenue of Rs. 3955.1 Crores a de-growth of 1.6 % over the corresponding period of the previous year.

EBIDTA was at Rs. 191.9 crores a growth of 8.4 % over the same quarter of the previous year. Lower Tax has resulted in Net profit growth of 8.8%. For the nine months ending December 31, 2019, company reported an EBITDA of Rs. 653.8 Crores a growth of 10.4% over the same period last year. Net profit growth was up by 23.9 %.

Commenting on the results, Mr. H. M. Bharuka, Vice Chairman and Managing Director, Kansai Nerolac Paints Ltd said, “Both Decorative and Industrial business have seen a dip in demand in the current quarter. Within Industrial, in Automotive, where the company has a significant exposure, the impact continues to be very severe due to the continued un-precedented slowdown. The company’s decorative sales were impacted due to lower offtake during the festival season and extended monsoons.

During the quarter, input costs were stable. This along with judicious control on costs has helped improve the EBITDA margin by 230 basis points. Exchange rate and crude oil prices continued to show volatility creating challenges in raw material cost management.  Looking forward, the demand in Decorative business would be positive but expected to be muted. Challenges of demand in Industrial are expected to continue for the near future.”

Outlook of Indian Paint Industry:

The size of domestic paint industry is estimated at Rs.50000 crores as of Mar 2019. The good growth in infrastructure, core sector as well as automobile and real estate is likely to have a positive effect on the overall demand of paint for the industry.

About Kansai Nerolac Paints Ltd:

 Kansai Nerolac Paints has been at the forefront of paint manufacturing for more than 90 years pioneering a wide spectrum of quality paints. Kansai Nerolac is one of the leading paint company in India and is the leader in Industrial segment, having a turnover of Rs.5682 crores. The company has five strategically located manufacturing units all over India and a strong dealer network across the country. The company manufactures a diversified range of products ranging from decorative paints coatings for homes, offices, hospitals and hotels to sophisticated industrial coatings for most of the industries. Please visit www.nerolac.com

Mika Singh first ever Gujarati film Song - Golkeri

“I love the people of Gujarat…” says Mika Singh just before his 1^st Gujarati Song release

Mumbai 2020: Gujarati film industry is abuzz after the announcement of Golkeri. The film features Malhar Thakar as Sahil and Manasi Parekh as Harshita who overnight end their perfect relationship of two years. But, as much as they want to move on and move away from each other, they are stuck in awkward situations put up by their parents who make persistent attempts to bring them back together.

The movie is set in recent times and essays the complications and thought process of this generation. Hence the music also resonates with the flavor of today.

With Golkeri, Mika Singh who has enthralled us all with his majestic voice and songs will sing a Gujarati song for the first time. “I was on a lookout for an opportunity to sing in Gujarati as I gave sung in quite a few languages but there should be one song for all my Gujarati fans. Whenever I travel abroad I always sing my tracks and with this track I have one more dhamakedar song to perform on. The song for Golkeri is called Soni Gujarati ni which I have composed and have sung along with Parthiv Gohil who is a very well known singer himself.”

Adding more on the song, Parthiv Gohil says, “Mika is a superstar and also my dear friend we know each other for almost 20 years. We were thinking of creating something in Gujarati from many years and when Golkeri was happening we got an opportunity that we were looking for and Soni Gujarati ni was created. The flavor that is synonymous with Mika, reflects that brilliantly in the song. He has composed and arranged it.”

The song has been released on youtube and look out for the trailer on the 7^th of February.

Golkeri releases on the 28^th of February in India.

Music Credits:

Singers – Mika Singh & Parthiv Gohil for Soni Gujarati Ni

Lyrics – Kirun Parihar for Soni Gujarat Ni & Sneha Desai for Amastu Amastu

Music Composer – Mika Singh for Soni Gujarat Ni & Hrishikesh – Saurabh – Jasraj for Amastu Amastu

Music on Zen Music Gujarati

Choreography for Soni Gujarat Ni - Prince Gupta  

Cast & Credits:

Lead Cast: Malhar Thakar, Manasi Parekh Gohil, Sachin Khedekar, Vandana Pathak

Director: Viral Shah

Screenplay and Dialogues: Viral Shah & Amatya

DOP: Vikas Joshi

Production: Soul Sutra

Distribution: Coconut Motion Pictures

Link for the Song - https://www.youtube.com/watch?v=MYmkfJCjHV8

Bollywood actress Sonam Arora discovers a quick weekend getaway in Khanvel near Mumbai

Located in the lush green, naturistic Silvassa is the charming 30-acre property of Khanvel Resort which is an absolute paradise and hotspot for residents of Daman, Gujarat and Mumbai and other parts of Maharashtra. Khanvel Resort makes an idyllic getaway for all those seeking a luxurious refuge amidst the raw beauty of nature and take a quick getaway from their daily life. Actress Sonam Arora of Batla House and Rangbaaz Firse fame was seen taking a detour from the hustle bustle and enjoying her weekend to the fullest with the right amount of leisure and adventure at Khanvel Resort.

Sonam was seen exploring the picturesque property while enjoying the facilities at the resort such as the swimming pool, the gym and the rejuvenating spa experience. In spite of the vibe being natural and authentic, the resort boasts of several exciting games and activities such as a life sized chess board and ATV bikes. The lounge area is the ideal place for one to unwind and sip on delectable cocktails as they enjoy the fresh breeze.

The neighboring attractions to the property are also something that can make one’s weekend extremely memorable. Sonam was seen exploring the wilderness with the Satmalia Deer park and was thrilled to spot a lioness sunbathing during the safari wildlife sanctuary at the Vasona Lion Safari. Also located at a 15km distance from the resort is the Madhuban dam which is another popular tourist attraction. Sonam also enjoyed the picturesque view of the Dudhani Lake which is a highly recommended visit planned by Khanvel Resorts.

“I was amazed just by looking at how widespread the resort property was. Loved the atmosphere and the vibe of this place, I feel rejuvenated, relaxed and energised after my two days getaway at the resort. The hustle and fast pace of Mumbai can sometimes bog you down and that demands a quick, mini vacation. Khanvel is definitely going to be my new favourite and quick getaway destination.” said the actress, elated about her stay at the resort.

Mr. Nirmal Jain, Owner of Khanvel Resorts said, “The most special part about our property is that it is located in an area that is quite untethered as compared to others and the guests get to experience real greenery, real nature. We often host a lot of weddings, corporate conferences and school excursions and believe in truly making the experience special for our guests by giving them the much needed escape that they deserve.”

About Khanvel Resorts:

Spread over 30 acres of lush green landscape, Khanvel Resort is a Three Star resort in Silvassa (Silvassa is a district of  Union Territory of Dadra and Nagar Haveli and Daman and Diu). Just 3 hours drive distance from Mumbai, Surat and Nasik, Khanvel Resort has 175 rooms and 8 apartments. Rooms are classified as Deluxe/Club Rooms and Cottages and Green Acres Apartments which can accommodate more than 650 people.

Mr. Avinash Bagdi, Director and Head of Finance, Covestro (India) Private Limited

The current government has taken a few measures in the past couple of years focused towards creating enabling business environment. However,  in order to improve the GDP and build a healthy economy, quick action is required from the Finance ministry by supporting easy tax structure, stable government policies, infrastructure facilities, skilled workforce, Research & Development investment, supply-chain upgradation and setting up of innovation facilities. Rationalising GST, reducing DDT, optimising CSR scope to Include all SDG’s and focused policy initiatives (skill development, credit availability and employment opportunity) across key sector will help getting growth momentum and help India realize dream of USD 5 trillion economy as well as ensuring India is at the centre of Industry 4.0.

There is a need to address the issue of inverted tax structure which is impacting the domestic industry adversely since the manufacturers pay higher price for raw material and are unable to get the same benefit when it comes to finished goods.

Bigg Boss Tedha Synopsis - Day 124

What's stopping Himanshi from confessing her love?

Love has taken over the otherwise belligerent Bigg Boss house. Asim is head over heels in love with Himanshi but she appears to be a bit reluctant. Rashami and Vikas notice this and confront Himanshi. They ask her to be clear with her thoughts and have a conversation with Asim. Vikas feels that Asim's emotions is impacting his game and since she is the only one who he trusts, she should make him understand his priorities. Affected by the conversations, Himanshi opens up to Rashami and reveals that someone close to Asim has asked her not to confess her love to him.

While everyone in the house is trying to fix each other’s love life, Himanshi takes the lead and reveals the conversation she had with Arhaan outside the house. She says that Arhaan cried and justified his side of the story. He said if Rashami had to be friends with Sidharth after his exit, all his efforts of taking a stand for her went in vain.

Later in the day, an argument breaks out between Vishal, Mahira and Vishal’s brother Kunal. Standing up for his brother, Vishal confronts Mahira and warns her not to misbehave with Kunal. Irked by this, Mahira further provokes Vishal when Kunal makes a comment directed at Mahira’s father. This turns the argument into an ugly battle between Vishal, Kunal, Mahira and Aakash (Mahira’s brother).

How will the stories unfold with new confessions inside and outside the house? Will the house get its new captain this time? 

To know more, put vivo v17 presents Bigg Boss on your watchlist Monday - Friday at 10.30 pm and Saturday- Sunday at 9 pm only on COLORS 

 Catch the latest news and updates BiggBoss on Twitter, ColorsTv.BiggBoss on Facebook, @Colorstv on Instagram and anytime on VOOT

GSK launches Iodex UltraGel

The clinically proven formulation provides three times effective pain relief ^

Strengthens GSK’s presence in the topical pain relief segment.

New Delhi – January 31st, 2020: GSK today announced the launch of Iodex UltraGel, a new age clinically proven gel-based body pain solution. Backed by science, the new variant penetrates to the root cause of pain, reduces internal swelling and gives 3X effective relief. ^ With this launch, GSK strengthens its presence in the topical pain relief category.

While ordinary counter-irritant pain relief creams give burning sensation on the skin, the new Iodex UltraGel with emulgel formulation contains Diclofenac Diethylamine 1.16% w/w, that penetrates deep to the source of pain to give effective relief. The product has modern sensorials like pleasant smell, non-greasy texture and cooling sensation which makes it a convenient pain relief solution both at home and on the go.

The launch strengthens GSK’s pain relief portfolio in India making it one of the formidable players in the non-prescription space. GSK is a global leader in pain management (OTC).*

Iodex UltraGel was exclusively previewed at the Indian Orthopaedic Association Annual Conference’19  (IOACON), one of the biggest orthopaedic conglomerations in South Asia. As part of the launch, the brand will be reaching out to over 5000 orthopaedics to promote the clinically proven credentials of the new product. 

Naveed Ahmed, Area Marketing Director, GSK said, “Brand Iodex has stayed relevant for over a century making it a household name that is trusted by millions. Today’s changing lifestyle has resulted in an increase in pain occurrences, be it back, neck & shoulder or joint pains.  We are addressing the needs of these sets of consumers by launching Iodex UltraGel, a clinically proven formulation that will offer effective pain relief, making it one of the best pain solutions available in the market. We are confident that this launch will further augment consumer trust in the brand and help strengthen our topical pain relief portfolio.”

Iodex is one of India's leading topical pain relievers. It was launched 100 years ago and has since become a household brand, selling over 4 million bottles every month.

Iodex UltraGel is available in two packs- 15 g at Rs. 65 and 30 g at Rs. 125 and is available across all leading chemist stores pan-India.

About GlaxoSmithKline Consumer Healthcare Ltd

GSK Consumer Healthcare Ltd (GSKCH) is one of the category leaders in Indian health food drinks industry. Our flagship product Horlicks leads the market, while Boost is among the top three health food drink brands that India prefers. Our manufacturing plants are located in Nabha, Rajahmundry and Sonepat. In India, we have an engaged workforce of over 4700 employees. GSKCH also markets and distributes a range of everyday health products such as Eno, Crocin, Iodex and Sensodyne. Our marketing and distribution network comprises over 700 distributors and a direct coverage of over 8 lakh retail outlets.

GSK Consumer Healthcare Ltd is an associate of GlaxoSmithKline plc. of U.K, one of world’s largest consumer healthcare companies. We have a heritage that goes back over 160 years. Our purpose is to help more people around the world to do more, feel better and live longer with everyday healthcare products.  Our goal is to build a global, growing business - we call a Fast Moving Consumer Healthcare (FMCH) company - dedicated to everyday healthcare with all of the scientific expertise and quality guarantees that demands, working at the speed and with the genuine consumer understanding the modern world expects.

GSK group of companies globally owns some of the world’s best loved healthcare brands, successful in over 100 countries. These include Sensodyne, Voltaren, Theraflu, Paradontax, Panadol, Polident, Otrivin, Horlicks and Physiogel.

About GlaxoSmithKline Consumer Healthcare Ltd

GSK Consumer Healthcare Ltd (GSKCH) is one of the category leaders in Indian health food drinks industry. Our flagship product Horlicks leads the market, while Boost is among the top three health food drink brands that India prefers. Our manufacturing plants are located in Nabha, Rajahmundry and Sonepat. In India, we have an engaged workforce of over 4700 employees. GSKCH also markets and distributes a range of everyday health products such as Eno, Crocin, Iodex and Sensodyne. Our marketing and distribution network comprises over 700 distributors and a direct coverage of over 8 lakh retail outlets.

GSK Consumer Healthcare Ltd is an associate of GlaxoSmithKline plc. of U.K, one of world’s largest consumer healthcare companies. We have a heritage that goes back over 160 years. Our purpose is to help more people around the world to do more, feel better and live longer with everyday healthcare products.  Our goal is to build a global, growing business - we call a Fast Moving Consumer Healthcare (FMCH) company - dedicated to everyday healthcare with all of the scientific expertise and quality guarantees that demands, working at the speed and with the genuine consumer understanding the modern world expects.

GSK group of companies globally owns some of the world’s best loved healthcare brands, successful in over 100 countries. These include Sensodyne, Voltaren, Theraflu, Paradontax, Panadol, Polident, Otrivin, Horlicks and Physiogel.

Shoppers Stop Reported Revenue of Rs.1300 Crs + 3.1% and EBITDA of Rs.102 Crs +1.7% in Q3FY20

Kolkata, January 31, 2020: Shoppers Stop Ltd. (NSE: SHOPERSTOP | BSE: 532638) reported Sales of Rs.1300 Crs and EBITDA of Rs.102 Crs in the quarter (Non-GAAP). GAAP adjusted, the turnover is Rs. 994 Crs and EBITDA of Rs.204 Crs.

Overall Performance

Commenting on the quarterly performance of the company, Mr. Rajiv Suri, Customer Care Associate, Managing Director & Chief Executive Officer, Shoppers Stop Ltd. said, “In a challenging economic environment we found opportunities to seed future growth for the company by aggressive expansion through internal accruals. During the year we opened 28 stores (8 Department and 20 Beauty) and plan to open 23 Stores (4 Department, 11 Beauty and 8 Airport stores) in Q4. This expansion will add circa Rs.500 Crs top-line on an annualized basis, more importantly these stores have been EBITDA accretive within the first quarter of operation”.

During this fiscal the company has made large investments in Digital and Information Technology Transformation for Rs.30 Crs. These investments will enable us to sharpen our analytic capabilities which will improve overall customer experience and personalization besides supporting our growth.

For the Quarter

Against a strong base of Q3 FY19 and a subdued retail landscape with a dampened festive season, the Revenue growth was muted LTL (-1%). Nonetheless, the company proactively increased its productivity and efficiencies by keeping the costs in control (LTL costs lower than last year).

The company has added 15 stores during the quarter of which 6 are department stores and 9 beauty doors taking the total footprint to 89 Department stores and 135 Beauty doors across 42 cities in India as at December, 31st 2019. Our First Citizen Loyalty program contributed 84% (+5% Y-o-Y basis) of Revenue. The Beauty segment grew 9.6% and we are confident that this growth will sustain in the forthcoming quarters on the back of new beauty stores, upgrading the beauty experience in existing stores, launch of new brands and strong Omni channel support. The company launched 4 new brands in beauty. Our one-of-its-kind Personal Shopper program grew by 5%.

Financial Performance

*Non-GAAP Press Release for Immediate Distribution Financials:

Rs. In Crs.	Non-GAAP		GAAP
Revenue from Operations	1299.5	+3.1% YOY	994.0	(0.5%)YOY
EBITDA	102.2	+1.7% YOY	204.1	+104% YOY
First Citizens	6.8M    290K added in the quarter.
Stores added	Shoppers Stop 6, MAC 9
Total Retail Area	4.5M Sq. ft.

The Ministry of Corporate Affairs (MCA) has mandated Accounting Standard AS 116 for accounting the Lease Contracts. A detailed working has been included in our Quarterly Performance presentation uploaded in our corporate website. We have published a detailed Non-GAAP and GAAP Income Statement. Our non-GAAP measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP.

About Shoppers Stop Limited: Shoppers Stop Ltd., is the nation’s leading premier retailer of fashion and beauty brands established in 1991. Spread across 89 department stores in over 42 Cities, the company also operates premium home concept stores (11 Stores), 135 Specialty Beauty stores of M.A.C, Estée Lauder, Bobbi Brown, Clinique, Smash box, Jo Malone and Arcelia, occupying an area of 4.5M sq. ft.

Shoppers Stop is home to one of the country's longest running and most coveted loyalty program 'First Citizen'. The company’s one-of-a-kind shopping assistance service, 'Personal Shopper' is revolutionising the way Indians shop; bringing more value, comfort and convenience to customer experiences. The brands diversified Omni channel offering spans over 600+ recognised and trusted brands across an incomparable range of products that together serve our overarching objective of delivering customer delight.

Mr. Anand Srinivasan, Managing Director, Covestro (India) Private Limited

India becoming a 5 trillion economy by 2025 depends on policy decision that government takes now. While digitalisation will remain cornerstone of strategy, Government should put equal emphasis on building blocks i.e. Manufacturing and R&D, making Indian manufacturing as most favoured destination. As environment sustainability is the key to the future, government should provide incentive on the promotion of sustainable solutions that will help in reducing India’s carbon footprint and promote circular economy. The Union budget 2020 needs to be focused on forming policies that support the businesses working towards adoption of green practices. Promoting responsible use of plastics and efforts towards reducing carbon emission should be of prime importance and any budgetary intervention in this regard will be a positive step.

Also, to further accelerate the adoption of Electric Vehicle, the government should eliminate the customs duty of 5 per cent from Lithium-ion cells which will help to promote local manufacturing of the batteries in the country. Besides this, the government needs to focus on incentivizing companies building EV ecosystems like installing charging stations, battery swapping stations and building robust EV Infrastructure for long term sustainability and reduction in cost.

EsselWorld partners with Fever 104 FM to celebrate 26 selfless Mumbaikars on the occasion of India’s 71st Republic Day

Mumbai, 27^th January 2020: EsselWorld, India’s leading entertainment destination celebrated India’s 71^st Republic Day by felicitating 26 Mumbaikars who are selflessly and actively involved in the city’s social and environmental development and welfare. In association with Fever 104 FM, the amusement park honored these 26 hero-citizens to create awareness about their inspirational journeys thereby inspiring the diverse generations of India to do their bit and create a compelling wave of social change. Mr. Paresh Mishra, Senior Vice President, Sales and Marketing Head, EsselWorld Leisure Pvt. Ltd. along with RJ Glenn / RJ Ruchi felicitated these unsung heroes of Mumbai.

Mr. Paresh Mishra, Senior Vice President, Sales and Marketing Head, EsselWorld Leisure Private Ltd shared, “This initiative holds great value for each one of us at EsselWorld Leisure Private Ltd. We have always persevered to recognize and work with socially responsible individuals and organizations and contribute towards their journey in our best capacity. This platform initiated by EsselWorld and Fever 104 FM has brought these 26 dynamic Mumbaikars together to honor their tremendous social contributions and encourage them to continue their noble effort. We as a brand support their endeavors and also take inspiration from them to take our efforts towards social responsibility a notch ahead.”

Some of the inspirational individuals felicitated by EsselWorld and Fever 104FM on the occasion were:

·         Advocate Afroz Shah, the man responsible for the Versova beach cleanup in 2016. Since then his resilience has inspired many including the United Nations and elevated the responsibility of beach and other water bodies cleanup into a global movement.

·         Dr. Uday Modi runs a free tiffin service in Bhayandar for the elderly who have been abandoned by their families. Through his tiffin service, Dr. Modi feeds close to 500 senior citizens on a daily basis.

·         Yuki Ellias is a renowned theatre performer and a corporate coach. Apart from making global waves through her performance and effective corporate training modules, Yuki has also taken the social responsibility of taking theatre to the slum kids of Mumbai on her shoulders.

·         Sangeeta Chakrapani initiated the Together Foundation, a non-profit organization for autistic children and adults. The organization aims towards preparing these individuals towards their independent living by creating a dynamic and experience based environment. The Foundation is primarily a bakery where these individuals learn about navigating their lives through simple tasks and chores and bake a range of sweet goodies and vegan products.

·         Nikit Surve is a 25 years old Mumbai school teacher who has dedicated his life towards the noble and brave cause of Wildcat Research, Tracking and Conservation.

·         Geetanjali is a compassionate Mumbaikar who bakes for different orphanage children and has also set up a public library for them.

·         Ogden Fernandes is a Biker and Youtuber who takes traffic rules very seriously. He wants the citizens to understand the importance of traffic safety and not take it for granted. He records and corrects people who violate traffic regulations.

·         Dimple Parmar is the Co-Founder and CEO of Love Heals Cancer. It is an organization dedicated towards improving the quality of life for cancer patients and their caregivers.

·         Sunchika Pandey is a social media hero who transformed the Police Twitter handle making it an instant hit with the citizens.

Other than the above, EsselWorld and Fever 104 FM felicitated 16 more such inspirational individuals. Post the felicitation program a special musical evening of entertainment by talented musicians was organized for these esteemed guests as a token of appreciation and gratitude. The Musical evening extravaganza was also extended to the visitors of EsselWorld. Scheduled from 3pm – 6pm at the Rain Dance stage, the captivating musical performances were open for the visitors to unwind and enjoy their evening. EsselWorld took the Republic Day pride a step further for their visitors by extending their Freak – out – Friday offer on that day. The Republic special Freak – out – Friday offer enabled the guests a 40% discount on EsselWorld’s silver package and 25% discount on Regular Water Kingdom ticket.