USD 11.2 bn FII inflows expected in second half of fiscal: CMIE

FII inflows are expected to get stronger in the second half of this fiscal at USD 11.2 billion, Centre for Monitoring Indian Economy (CMIE) said in its monthly review.

"FII inflows are expected to get stronger in the second half of this fiscal at USD 11.2 billion as large FIIs like JP Morgan, Morgan Stanley and Deutsche Bank have started looking at India as a good long-term investment destination," CMIE said.

The unveiling of a fresh package by the European Central Bank in September 2012 for easing the European debt crisis is also expected to help reduce global risk aversion, it said.

"We expect net FII inflows in FY 2013 to be around USD 14.7 billion," it added.

The FDI inflows during the year are also expected to remain healthy at USD 20.8 billion, CMIE noted. CMIE expects the situation to improve going forward.

Current account deficit is expected to reduce a bit in the remaining quarters and capital inflows are expected to pick up. A major improvement is expected to be seen in FII inflows.

The reduction in global risk aversion following the announcement of new measures by the ECB, near zero interest rate regime in the West and high interest rates prevailing in India are expected to lead to an increase in external commercial borrowings to USD 11.4 billion in FY 2013 from USD 10.3 billion in FY 12.

It is expected that the net inflows of NRI deposits will increase further to USD 12.4 billion from an all-time high of USD 11.9 billion in FY12.

With zero interest rates prevailing in the US and Europe, Indians abroad are expected to invest more aggressively in NRI deposits, it said.

Panasonic business strategies and marketing plans

Mr. Daizo Ito, President

&

Mr. Manish Sharma, Managing Director, Consumer Product Division

Cordially invites you to witness Panasonic’s most innovative offering this festive season “Celebrations for Life”

 

&

 

 Panasonic business strategies and marketing plans

 

Event shall be graced by Dazzling

 

 Dia Mirza

 

Let’s celebrate this festival with Panasonic

 

DATE: Monday, October 1^st , 2012

VENUE: Hotel Taj Palace, New Delhi

TIME: 12:00 noon onwards

For media RSVP, please contact:

Malvika Sinha	Richa Sethi
9873382955	9560498765
Malvika.sinha@bm.com	richa.sethi@in.panasonic.com

Best Wishes,

Aaruni Garg
Senior Associate

Airtel Delhi Half Marathon 2012 final report

September 30, 2012

by sagarmedia

New Delhi, September 30th, 2012:*
The hot weather and high humidity put paid to the record-setting
aspirations of the elite athlete field, but it did not deter Kenyan Edwin
Kipyego and Ethiopian Yimer Wude from coming up with strong, front-running
performances to clinch the overall men’s and women’s titles in the IAAF
Gold Label Airtel Delhi Half Marathon, 2012 at the Jawaharlal Nehru Stadium
on Sunday.
Kipyego beat back a strong challenge from his countryman Leonard Langat,
winning the final sprint surge to win in 60.55 minutes. Langat clocked
61.07, while Silas Kipruto followed home in 61.57 to complete a Kenyan
clean sweep. Finishing fourth was another Kenyan, Titus Mbieshi, winner of
the World 10K Bangalore, who was making his half marathon debut here and
clocked 62.44.
The high-profile Ethiopian duo of defending champion Lelisa Desisa and this
year’s fastest athlete, Atsedu Tsegay wilted in the heat, with Desisa
finishing a disappointing seventh in 62.50 and Atsedu Tsegay finishing out
of the top 20.
Yimer won the women’s title in 61.10 and was followed home by her country
women Waganesh Amare, who clocked 71.12 and Kenyan Helah Kiprop, who timed
71.18. Both the winner’s went home richer by USD 25,000. Namibian Helalia
Johannes, who had a 12th place finish in the London Olympics Marathon, had
to contend with fifth place, coming home in 71.43.
The Indian performances too were encouraging, with Rahul Kumar Pal
breasting the tape in 66.12, winning the Indian category and finishing
16thoverall.
Nitender Singh followed him home two seconds later, while Indrajeet Singh
sprinted home to finish one second later in 66.15. Sudha Singh emerged the fastest Indian woman in 79.34, while former double winner Kavita Raur came in second.A total of 31,746 runners participated in the Airtel Delhi Half Marathon 2012, which offered total prize money of USD 210,000.Kipyego took the lead at the 11 km mark and though not confident of winning, thanks to the strong field, pushed a bit harder to see if they
would respond. When the other continued to lag behind, Kipyego kept up his brave front running to win with his personal best.
“The weather was good at the start but later on it became humid. I tried
my best but could not set any record. But I am very happy with the results,
because I hadn’t expected to win,” said Kipyego at the post-match press
conference at the media centre at J N Stadium. It was only after the 18 km
mark that Kipyego realized he has beaten the field for good and pushed hard
for the podium finish.
Yimer, who won the bronze medal in 10,000 metres at the 2009 World
Championships and took the silver in the 2011 All-Africa Games, was pushed
hard by Waganesh and Helahand it was a sprint finish that saw her winning.
“It was a great run for me. It was a very hot and humid day but we ran
together till the finishing line. In the last few metres, I decided to push
to win the race,” Yimer stated and added: “I am very happy today, it was an
unbelievable result for me.”
“I knew that the competition will be tough and weather will be humid. I
started my training two weeks ago, which was not enough. But my experience
in recently concluded Open National Athletic Championship helped to finish
first,” said Indian winner Rahul, who is a middle-distance athlete.
Rahul will continue his training in 5000m and 10,000m as half-marathon is
not in his mind. “I am happy to win this marathon, but middle-distance
running is my aim,” he stated.
In women’s section, 2010 Asian gold medallist Sudha Singh stole the show
from two-time ADHM champion Kavita Raut and defending champion Lalita
Babar. “I didn’t have good practice before this marathon and I was also bit
upset after the 2012 London Olympic qualifiers. But this result has given
me some relief and joy,” she added.
The leading women were running together till 12km, after which they pushed
hard for the podium finish. One of the main contenders, World 10K Bangalore
2012 winner Monika Athare suffered a cramp in the middle of the route, due
to that she could not complete the race.
As usual the race witnessed the participation of a large number of
enthusiasts and celebrities. A host of dignitaries led by Delhi Chief
Minister Sheila Dixit and event ambassador David Rudisha, besides Bipasha
Basu, Madhur Bhandarkar, Sanjay Kappor (CEO Bharti Airtel, India & South
Asia) and Bharat Bambawale (Global Brand Director Bharati Airtel) were
present to cheer on the participants. Tarun Tahliani, Hasleen Kaur, Rahul
Bose and Gul Panag were among the celebrities who cheered on the
participants.
*Following are the results:*
*Overall  Athlete Men*
Edwin Kipyego(KEN) 01:00:55, Leonard Langat(KEN) 01:01:07, Silas
Kipruto(KEN) 01:01:57,Milton Rotich(KEN) 01:02:01, Titus Mbieshi(KEN)
01:02:44,Yemane Tsegaye(ETH) 01:02:47, Lelisa Desisa (ETH) 01:02:50, Gideon
Kipketer(KEN) 01:03:33, Bazu Worku (ETH) 01:03:38, Abdellah Fathi(MAR)
01:03:53
*Overall  Athlete Women:*
Yimer Wude(ETH) 01:11:10, Waganesh Amare(ETH) 01:11:12, Helah Kiprop(KEN)
01:11:18, Yebrugul Melese(ETH) 01 :11:30, Hilalia Johannes(NAM) 01:11:43,
Belayanesh Oljira(ETH) 01:12:16, Aberek Afework(ETH) 01:13:00, Caroline
Kilel(KEN) 01:13:26, Tigist Kiros(ETH) 01:13:52, Goitetom Tesema(ETH)
01:14:30
*Overall Indian Athlete Men:*
Rahul Kumar Pal(IND) 01:06:12(overall 16th), Nitender Singh(IND) 01:06:14
(overall 17th), Indrajeet Singh(IND) 01:06:15 (overall 18th), Sandip Kumar
(IND) 01:06:15 (overall 19th), Elam Singh(IND) 01:06:20 (overall 20th),
Arjun Pradhan(IND) 01:06:23, Soji Maathew(IND) 01:06:38, Suresh Kumar(IND)
01:06:57, M D Yunus(IND) 01:07:04, Ratti Ram Saini(IND) 01:07:07
*Overall Indian Athlete Women:*
Sudha Singh(IND) 01:19:34 (overall 17th), Kavita Raut(IND) 01:19:53
(overall 18th), Lalita Babbar(IND) 01:20:47(overall 20th), Kiran
Tiwari(IND) 01:21:06, Anuradha Singh(IND) 01:21:50, Manisha Dattatray
Salukhe(IND) 01:21:57, Ritu Pal(IND) 01:22:12, Monika Raut(IND) 01:24:13,
Priyanka Singh Patel(IND) 01:26:53, Seema(IND) 01:27:37
*Inter-college Sporting Challenge (Men):*
Shyamlal College 01:17:14; IGIPESS Boys 01:18:36; Khalsa College 01:19:27.
*Inter-college Sporting Challenge (Women):*
IGIPESS Girls 01:34:58; Lakshmibai College 01:38:50; Miranda College
01:40:43.
*Men Veteran Category:*
Mukesh Rana 01:26:51; Nirmal Kumar 01:27:32; Dinesh Kumar 01:27:54.
*Women Veteran Category: *
Anne Philpott (GBR) 01:4:26; Shubha Bhargava (IND) 01:49:13; Vaishali
Kasture (IND) 01:51:37.
*Men Senior Veteran Category:     *
S.J.Yadav 01:33:41; Bhaskar Desai 01:41:56; Ram Autar Rajbhar 01:42:15.
*Women Senior Veteran Category:*
Kuldeep Kaur 01:39:02; Asha Agarwal 02:01:15: Parvin Batliwala 02:14:32.
*Men Super Veteran Category:*
Guru Dayal Singh Yadav 01:47:49; Mahadev Samjiskar 02:17:19; Ram Singh 02:18:00.
*Women Super Veteran Category:*
Urmila Katakam 03:12:48.
*DHL Corporate Sporting Challenge Winners:*
1st Cairn India
2nd   PNB
3rd FISERV
*Kingfisher Ishtyle Wale Winner:*
1st (Theme) Mahengai-Gurpreet Bains ( Individual)
2nd (Theme) Use Paper Bag-Vaibhav Singhal (Individual)
3rd (Theme) Gold Prices (Lakshan Rana) & Ministry of Scam (Deepa Sachdev)
*Kingfisher Green Crusader:*
1st Amarjeet R Bains-Save the Yamuna (Theme)
2nd Poonam Philips – Green Belt (Theme)
—
Deepak M Pilankar
P R Executive| Procam International Ltd | 14 St James Court, Marine Drive,
Mumbai 400 020 | Tel: +91 22 2202 0284

SAB TV promises a Magical Comedy with Baal Veer

SAB TV promises a Magical Comedy with Baal Veer

~Starting 8^th October every Mon-Friday at 8pm~

New Delhi,September 27^th,2012:The joy of watching a fairy tale on screen is unbridled especially when you discover it even has a dynamic superhero as its protagonist. Baal Veer is an enchanting saga of a little boy, raised by fairies and blessed with super powers like no other human. However, since this show is a SAB TV creation, it’s not all action, but instead it’s copious laughter scene after scene! It’s a hilarious show with extremely entertaining characters, who will redefine everything you know about fairyland.

Speaking of fairyland, this fairyland in particular, known as Pari Lok, has the most motley assortment of angels. Meet Aarpaar Pari, with the power to transcend matter and travel through walls, transporting herself anywhere within seconds; Vijdaar pari, fairy of thunder and lightning; Atakti Pari has a power to freeze a person anywhere;BaalPari whose tresses are so long that she can tie people with them;Bhatakti Pari who has a unique power to confuse people and make them lose their way and lastly Gaal Pari who has magic tricks hidden in her big rosy cheeks.Natkhat Pari has power to befool people.Little Baal Veer is blessed with the combined power of all these 7 angels and uses these powers for the good of mankind.

Overseeing all that’s happening in Pari Lok, there is Rani Pari, as no fairytale is complete without a fairy godmother! Rani Pari has the power of all the angels in Pari Lok. This significant character in the show  is played by Karishma Tanna. Karishma, who has been a part of the television industry for over two decades, is no stranger to comedy. She will now be seen in elaborate costumes and hair-dos in Baal Veer, which will add yet another feather in her hat for portraying varied roles. Playing her rival on the show, in the role of an antagonistic Pari, is Shama Sikandar, who revels in creating turbulence in the otherwise ethereal firmament. Shama too, has been part of television for the longest time and even has numerous films to her credit. Both Shama and Karishma have had a background of comedy in television and they sure look like an ideal choice to match their powerful, unexpected roles for the show.

Baal Veer is esentially a show about a child bestowed with godly powers, who shuttles between earth and fairyland. His sole motive is to save young kids like himself, from bullies and other injustice against them. In the course of his travel between the two realms is when he meets two earthlings, Manav and Meher, who eventually become his dear friends. Manav and Meher are often troubled by older kids and treated insensitively. Baal Veer comes to their rescue with the powers of his wand causing much comic mayhem in the process but as the proverb goes, all is well as it eventually ends well.

For an ensemble cast like this one, higly crafted outfits and magnificent sets, this show surely promises a lot. With all the detailing, the channel promises to stay faithful to its most essential facet, that of comedy. The exaggerated character sketches provide ample humour to get the audiences in splits.

Mr. Anooj Kapoor, EVP and Business Head, SAB TV said, ‘It’s a very large scale venture from our side which is a mythical fiction. We have upped the production value and quality and even the scale at which TV shows are made today. It’s a landmark show for SAB TV as its a totally new genre of magic and special effects. A family entertainer and a visual delight, all in one!’

Baal Veer is being produced by Mr. Vipul Shah from Optimystix.

In keeping with SAB TV’s belief that “Asli Maaza Toh Saab Ke saath aata hai”, gather all generations of your family and enjoy this adorable show with its innocent charm and humour. Catch this new flavour of fairytale and comedy on SAB TV every Mon-Friday at 8 pm.

About SAB

SAB is a part of the network of Television channels owned by Multi Screen Media Pvt. Ltd. SAB is India’s only family comedy entertainment channel with a core brand promise of ‘Asli Mazaa SAB ke Saath Hai’. SAB with its impressive lineup of innovative programs and light-hearted content ranging from daily family comedy to path breaking concepts like Silent comedy is dedicated to promoting an enjoyable “family-viewing” experience. Its programming mix includes Golmaal Hai Bhai Sab Golmaal Hai,Taarak Mehta ka Ooltah Chashmah, Chidiyaghar, R. K. Laxman Ki Duniya, Lapataganj, FIR, Waah Waah Kyaa Baat Hai & classic films on weekends. For its differentiated programming and healthy entertainment, SAB has also won the Brand Leadership award in Media & Entertainment space.

 

Warm Regards,

Satya

M: +91- 9999488749

INTERACTIVE WORKSHOP ON EXPORTS OF ORGANIC COTTON TEXTILES FROM INDIA,

   5^th October, 2012, Hotel Sarovar Portico, Indore (M.P.)

I am delighted to inform you that APEDA in association with FICCI is organizing an Interactive Workshop on Export of Organic Cotton Textiles on 5^th October 2012 at Hotel Sarovar Portico, Indore.

The objective of having an interactive session with exporters is to identify and discuss issues that are perceived as hampering expeditious growth of exports of organic Cotton textiles from India, it is proposed that by the end of the workshop the delegates would have enhanced awareness on potential for export ; import regulations of select countries; role of testing, certification ; Understand of the role of APEDA, Export Financing Institutions and other government initiatives such as the market Development\ assistance and the Market Access Initiative schemes and also be sensitized about investment opportunities in infrastructure and R&D.

We invite you to grace the event with your presence and be a part of the discussion. You may nominate 2-3 persons from relevant departments of your organisation to participate as well. A tentative programme is attached for your kind perusal.

Please forward your confirmation / regret to the undersigned to enable us to make necessary arrangements.

I would look forward to your kind and positive response.

Yours sincerely

Mallika Verma
Joint Director
FICCI

Spain banks need 59 billion Euros

Posted on September 29, 2012

Spanish banks need 59.3 bn euros in loans’,spanish government says it may need to borrow about 40 billion euros, or 51 billion dollars, from the EU rescue funds to help clear up the bad debts in the country’s banking sector.Auditors commissioned by the Spanish government said on Friday that 7 of the country’s 14 banking groups could need a capital injection of up to 59.3 billion euros in total to survive a serious downturn.
The worst case is Bankia, which requires 24.7 billion euros. The bank was partially nationalized in May.
The Spanish government says individual banks are expected to raise some of the capital themselves, reducing the projected public injection from the region’s rescue funds to 40 billion euros.
The Spanish banking sector has been in difficulty since the real estate bubble burst in 2008.
Spain requested financial aid from the EU in June to help its ailing banks, and the EU offered up to 100 billion euros. Spanish government and the EU will discuss the final assistance package. Rescue funding is expected to be implemented in November.Media agencies

Team Kejriwal: Government's misleading spin on 2G

Government’s misleading spin on the 2G presidential opinion shows its dishonest intent.

The government, notably Mr. Sibal and Chidambaram have gone on an overdrive after the Supreme Court’s opinion on the 2G presidential reference to project the judgement as a vindication of the government’s policies and manner in which they have been allocating spectrum, coal and other valuable natural resources worth lakhs of crores to private companies. They are using the innocuous part of the judgement, which says that all natural resources don’t have to be auctioned in all circumstances, to claim vindication. They have even used the SCs opinion to criticize the CAG.

This only shows the dishonest intent of the government. It was nobody’s case before the Supreme Court that even natural resources like water have to be auctioned while being allocated to people. The 2G judgment merely said that natural resources like Spectrum (meaning scarce and valuable resource which are given to private companies for commercial considerations) must only be allocated by auction because apart from transparency, it ensured that the State was able to maximize revenue for the people as a trustee of the people. This has in fact been reiterated in the presidential opinion of the Court. In the words of Justice D.K. Jain (on behalf of 4 judges) in para 149 of the judgment:

“Alienation of natural resources is a policy decision, and the means adopted for the same are thus, executive prerogatives. However, when such a policy decision is not backed by a social or welfare purpose, and precious and scarce natural resources are alienated for commercial pursuits of profit maximizing private entrepreneurs, adoption of means other than those that are competitive and maximize revenue may be arbitrary and face the wrath of Article 14 of the Constitution.”

Justice Khehar in his concurring judgement has elaborated it further by saying:

“I am in respectful agreement with the aforesaid conclusion, and would accordingly opine, that when natural resources are made available by the State to private persons for commercial exploitation exclusively for their individual gains, the State’s endeavour must be towards maximization of revenue returns.  This alone would ensure, that the fundamental right enshrined in Article 14 of the Constitution of India (assuring equality before the law and equal protection of the laws), and the directive principle contained in Article 39(b) of the Constitution of India (that material resources of the community are so distributed as best to subserve the common good), have been extended to the citizens of the country.”

Justice Khehar in his concurring judgment has further examined what would happen if coal blocks were allocated to electricity distribution companies without auction, even if they had bid the lowest tariffor electricity. He says:

“If the bidding process to determine the lowest tariff has been held, and the said bidding process has taken place without the knowledge, that a coal mining lease would be allotted to the successful bidder, yet the successful bidder is awarded a coal mining lease.  Would such a grant be valid?  In the aforesaid fact situation, the answer to the question posed, may well be in the negative. This is so because, the competitive bidding for tariff was not based on the knowledge of gains, that would come to the vying contenders, on account of grant of a coal mining lease.  Such a grant of a coal mining lease would therefore have no nexus to the “competitive bid for tariff”.  Grant of a mining lease for coal in this situation would therefore be a windfall, without any nexus to the object sought to be achieved.  In the bidding process, the parties concerned had no occasion to bring down the electricity tariff, on the basis of gains likely to accrue to them, from the coal mining lease.  In this case, a material resource would be deemed to have been granted without a reciprocal consideration i.e., free of cost.  Such an allotment may not be fair and may certainly be described as arbitrary, and violative of the Article 14 of the Constitution of India. Such an allotment having no nexus to the objective of subserving the common good, would fall foul even of the directive principle contained in Article 39(b) of the Constitution of India.

Therefore, a forthright and legitimate policy, on account of defective implementation, may become unacceptable in law.”

In view of this judgement which is a concurring judgment of the court, all the allocations of coal blocks made by the government to private companies for commercial use (even for captive consumption) without auction, would have to be declared void. The government’s dishonest spin being sought to be given to the judgement by its senior ministers is another clear sign of its dishonest intent.Team Kejariwal:

TiEcon Delhi 2012:National Policy on Entrepreneurship

National Policy for Entrepreneurship Needed To Provide Impetus Entrepreneurs, industry stalwarts, celebrities discuss policy,
Social entrepreneurship, healthcare and education to play key role in development

New Delhi, Sept 29: A National Policy for Entrepreneurship that covers key areas like Access to Capital, Scalability and involvement of State Governments is needed to create 30-40 million jobs.  This was discussed at TiEcon Delhi 2012, by panel on National Policy of Entrepreneurship which being drafted by the government.

“Having innovative ideas is the first step which needs to be followed by support including capital support”, said Arun Maira, Member, Planning Commission. “The other key aspect is that of scaling up. We don’t collaborate very well among each other, we get too stuck on our ideologies and very often don’t see eye to eye. That comes in the way of scaling up,” he added.

Filmmaker Shekhar Kapur, who is also a member of National Innovation Council, called entrepreneurship an act of chaos, which arises out of a dream. People who fund entrepreneurs work with structures, and this gives rise to a conflict. “We are slaves to keywords such as Innovation, Capital Structures, and Scalability. A dream is not a structure. So an entrepreneur spends his time fighting his way through the structure,” he said.

Dr Saurabh Srivastava, Chairman Emeritus, The Indus Entrepreneurs Delhi NCR chapter reiterated the need for having a National Entrepreneurship Policy in place, especially as it has the potential to create 30-40 million jobs and revenues over Rs 200 billion. Encouraging entrepreneurship in 3-4 key sectors can catapult their growth aka the IT sector.

Social Entrepreneurship, which is catching the fancy of youth across the world, is challenged by lack of capital as the regular funding mechanisms like venture capital or angel investments do not work successfully. Social ventures are harder to predict, monitor and measure impact, said Professor Robert Gertner, Deputy Dean of University of Chicago Booth School of Business, speaking at session on social entrepreneurship.

The panel on Education and Skill Development chaired by Sandeep Sinha, Managing Partner, Lumis Partners, said that this industry has enormous opportunities and entrepreneurs need to get their ideas into action and run them sustainably.

“There is money to be made in this segment. Those who can manage the aspiration of the individual will be able to crack it,” Dilip Chenoy, CEO & MD, National Skills Development Corporation, emphasizing the need for handholding people through placements. “Lack of teachers and trainers is a challenge. But entrepreneurs must see the problem as an opportunity,” he said.

Harsh Chitale, CEO, HCL Infosystems, said this segment may not be amenable to rapid scaling. “The key challenge is the ability to scale profitably,” he said. “The value proposition of an enterprise in the segment is not about training individuals. It is being able to give customers the right people who are fully trained and productive from the day one,” Chitale said.

The panel discussion on Affordable Healthcare, chaired by Jasjit Mangat, Omidyar Network, showcased some of the innovative approaches taken by entrepreneurs to reach out to communities across India. It also discussed how the high-end healthcare players are making top-of-the-line healthcare affordable for those who cannot go abroad for treatment.
Amit Jain, CEO eHealthPoint, talked about the company’s operations in Punjab villages. “We run primary healthcare centres in villages that have population from 4,000 to 10,000 people. We provide tele-medical consultations, on-site diagnostic tests, generic drugs at low rates, and clean drinking water through these centres. These villagers now have access to accurate diagnosis and treatment.”

Ajay Bakshi, CEO, Max Healthcare, pointed out the need for disruptive healthcare technologies in India, as he fears that the healthcare system in India is moving towards the same expensive system that the US is now reeling under. “Don’t look at Max, GE, Philips and say this is what Indian healthcare is going to be. It’s an open field and you need to get innovative.”

India can make solar the backbone of its economy:Elasser

“India Can Make Solar the Backbone of Its Economy by 2050” - Mr. Markus Elsasser, MD, Solar Promotion International GmbH

Delhi, September 2012: Intersolar India’s “Opportunities in the Indian Solar Market” media roundtable was recently held in Delhi by Messe Munich International India, Solar Promotion International GmbH & FMMI Freiburg Management and Marketing International GmbH, the promoters of Intersolar India 2012. The media roundtable was organized to facilitate an understanding of India’s position in the Solar Market and also engage the media in valuable information exchange & to position Intersolar India which is India’s largest Exhibition and Conference for the Solar Industry till now.

Prominent speakers were, Mr. Markus Elsasser, MD, Solar Promotion International, GmbH, Mr. Venkateshwara Rao, General Manager, Indian Renewable Energy Development Agency Limited, Mr. Vivek Saxena, Group President - Marketing, PCI Group, Mr. Rohit Dhar, Vice President C&S Electric, Mr. Oliver Herzog, Director, Bridge to India Energy Pvt. Ltd., Mr. Darryl Dasilva– CEO, MMI India

Mr. Markus Elsasser, MD, Solar Promotion International GmbH said, “India has huge potential for solar power generation. As the nation is facing an increasing demand - supply gap in energy, it is important to tap the solar potential to meet the energy needs. The Jawaharlal Nehru National Solar Mission (also known as the National Solar Mission) is a major initiative by the Government of India to promote ecologically sustainable growth while addressing India’s energy needs. With Intersolar India, we play a key role in contributing to the amount of knowledge in this field and also continue to recognize those projects through Intersolar award that helps move the industry forward in this direction.”

The Indian solar market is undergoing sweeping developments. While, according to figures published by the Ministry for New and Renewable Energy (MNRE), India had merely 10 megawatts (MW) of installed photovoltaic capacity in 2009, this figure has risen to over 20000 MW by the end of 2011. India can make renewable resources such as solar the backbone of its economy by 2050, reining in its long-term carbon emissions without compromising its economic & ecological growth potential.”

Mr. Tarun Kapoor, Joint Secretary, Ministry of New and Renewable Energy, shared his key insights and said, “India requires Euro 30 billion investment to develop 20000 MW of grid connected solar power by 2012. Indian policies in renewable energy are welcoming for investors, lenders and financial institutions in India and abroad. As a growing economy with a surging middle class energy resources are much essential. When a wide scope of such a renewable energy source exists, we should utilize it to the maximum.”

Industry Perspective:

“From 1994, the Indian Government is trying to push the development of solar and solar power but due to high investment cost as well as lack of expertise, the project couldn’t take off. But now, the scenario is different, overall cost to such project is reduced because of development of national and international players in the solar market and the various government subsidies towards this industry”, said Mr. Venkateshwara Rao, General Manager - Projects, Indian Renewable Energy Development Agency Limited.

The spokespersons from PCI Group and L& T Construction gave an insight into to the various projects & breakthroughs made in the India Solar Projects division, elaborating on the various grid systems and techniques under experiment across India.

Mr. Shaji John, Chief Solar, Division, L& T Construction, highlighted some of L&T’s experiences in constructing and managing the Rooftop Solar PV system which they had successfully tested in their Chennai campus. He said our primary goals towards this project were “Taking positive steps create and alternative and a reliable source of back-up power for meeting emergency. Most commercial units depend on DG set and diesel oil. Our outlook was aimed at moving towards smart micro grids, energy savings and an initiative to make environment more clean and peaceful.

The speakers during the media roundtable, also stressed on the need of the hour contribution of not just the government but also the corporate companies in India, towards promotion of solar power as a whole, at a urban, state & national level as well as providing impetus & encouragement to the individual home to home basis.

Mr. Vikas Saxena, Group President, PCI Group said, India is facing a perfect storm of factors that will drive solar photovoltaic (PV) adoption at a "furious pace over the next five years and beyond". The falling prices of PV panels, mostly from China but also from the U.S., have coincided with the growing cost of grid power in India. Government support and ample solar resources have also helped to increase solar adoption across many business verticals.”

According to the Jawaharlal Nehru National Solar Mission (JNNSM), the target is for 20 GW of capacity to be installed by 2022, making India one of the most promising and fastest growing solar markets in the world.

The State of Karnataka, for example, 60 MW were awarded recently as part of a tender and a further 25 MW in Orissa 200 MW in Madhya Pradesh 250 MW are up for tender in Rajasthan while the federal state of Tamil Nadu is planning to have 3 GW installed in the coming three years. With the launch of such ambitious projects, the states have also encouraged small villages to include the power needs based via solar roof top projects, which would be an answer to the overwhelming problem of power shortage across the country. The eventual aim of the government and the various players involved is to make India independent for its power needs in the years to come and shine forth as the beacon of successful Solar Project implementations.

Intersolar India 2012 takes place at the Bombay Exhibition Centre (BEC) in Mumbai from November 6–8.

Intersolar's storied history of international exhibitions and conferences spans more than 20 years. Taking place in addition to Intersolar India in Mumbai are Intersolar North America in San Francisco and Intersolar China in Beijing, which was launched in December 2011. The world’s largest exhibition for the solar industry is Intersolar Europe in Munich.

For further information, please visit www.intersolar.in

About Intersolar

With over 3,100 exhibitors and 100,000 visitors spanning three continents, Intersolar is the world’s leading exhibition series for the solar industry. Intersolar India is India’s largest exhibition and conference for the solar industry and, as a leading industry platform, focuses on photovoltaic plates and solar thermal technologies. In 2011, a total of 264 companies from 18 countries attended the exhibition. Intersolar India supports the development of the Indian solar market and promotes cooperation between key players from industry, commerce, service providers and politics.

For more information on Intersolar India please visit:  http://www.intersolar.in/

Flipkart presents 4^th TiE-Aspire Young Achiever Awards
3 Talented Youngsters Inspire Entrepreneurs and win Rs 1 Lac each

• Sports Womanandmountaineer with disabilities Arunima Sinha, 26
• A prodigy Raga Pianist Utsav Lal, 20
• Whiz-kid Actor and Film Director Kishan Shrikanth, 16

New Delhi, September 29, 2012: Celebrating the spirit of art, culture and sportsmanship, the New Delhi-NCR chapter of The Indus Entrepreneurs and Aspire, todayhanded over the 4^th TiE-Aspire Young Achiever Awards for three trailblazers. India’s largest e-commerce brand, Flipkart.com, joined hands to support these achievers and presented E-Gift vouchers worth Rs 1 Lac each to the three awardees.  
Aspire Human Capital Management, a Gurgaon-based company engaged in the field of employability in education, in association with The Indus Entrepreneurs  and Flipkart honoured the achievements of Arunima Sinha, Trekker and National Level Football and Volleyball player; Utsav LalPianist; and Kishan Shrikanth Actor and Film Director.
The awards were presented to the young achievers by Lord Karan Billimoria, chairman of the UK-India Business Council, a member of the UK-India Roundtable, and of the Prime Minister of India’s Global Advisory Council. .
Arunima Sinha, 26,climbed 21,110 ft of Mt. Chhamser Kangri* with an amputated leg and is a national level Football and Volleyball player. She had to undergo amputation of her left lower limb after she was thrown off a running train in Bareilly for resisting a chain-snatching attempt. Her passion and undying will has become a source of inspiration for all people with disabilities.
Gurgaon -based Pianist Utsav Lal, 20, has earned the unique title of ‘Raga Pianist’ by successfully creating pure sounds of Indian Ragas on the Piano and has won international acclaim and awards for his pioneering foray. He haspresented over 150 concerts of Indian music at worldwide venues and festivals since age 9.
The third prize winner Kishan Shrikanth, 16,is anActor, Film Director, Editor, Sound and Visual Effects Engineer. He has been recognized as one of top 15 genius children on the Oprah Winfrey show and holds the Guinness Record for being the World’s Youngest feature film director, directing a feature film at age 9. Winner of prestigious awards including the National Golden Lotus Award, National Award for Exceptional Achievement, Kishan is currently pursuing Masters in multimedia and animation and doing research in the field of Holography and Optical illusion.
At TieCon Delhi three young achievers shared their experiences and success stories with Mr. Amit Bhatia, Founder & CEO, Aspire Human Capital Management who said, “The 2012 winners are an amalgam of gift, conviction and courage. An inspiration to all, their dedication and determination is the key to success in any walk of life--including entrepreneurship. All of us at TiE take great pride in saluting these individuals who have fought all challenges to achieve their goals .”
Sachin Bansal, CEO and Co-Founder, Flipkart added, “Flipkart is delighted to honour such great young achievers. Their pioneering spirit resonates completely with what we treasure most at Flipkart. We are proud to be part of this initiative and hope to encourage more young Indians to follow their passion and make a difference.”
The last 3 year’s TiE-Aspire achievers are:
2011
Anu Vaidyanathan, Triathlete
Deeya S Bajaj, Cross country Skier and Kayaker
Sucheta Kadethankar, Trekker
2010
Prashant Karmakar, Swimmer
Ashish Kumar, Gymnast
Deepika Kumari, Archer
2009
Tania Sachdev, Chess Grandmaster
Athira Krishna, Prodigy Violinist,                                                                                                                               
Tathagat Avatar, Prodigy Academician
Notes to the Editors:  *Mt. Chhamser Kangri is at 21725 ft height
About The Indus Entrepreneurs (TiE)
The Indus Entrepreneurs (TiE) founded, in 1992 in Silicon Valley, by a group of successful entrepreneurs, corporate executives, and senior professionals with roots in the Indus region currently has over 13,000 members and over 2,500 charter members in 61 chapters across 15 countries.
TiE's mission is to foster entrepreneurship globally through mentoring, networking, and education. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE's focus is on generating and nurturing the next generation of entrepreneurs.
About Aspire Human Capital Management
Aspire^TM is an industry-promoted social enterprise offering Embedded Education for schools, colleges and universities to Enhance Employability and Life Skills. All Aspire products have Global Certifications: ProHire^TM and EnglishPro^TM with University of
Cambridge (ESOL Examinations); ITPro^TM and RoboticPro^TM with iCarnegie (subsidiary of Carnegie Mellon University); and, MBAPro^TM with content from Harvard Business Publishing (subsidiary of Harvard University). Aspire products are enabled by an Employability Education Management System (EEMS^TM) which includes online learning management, e-learning and assessments (e.g., NEST^TM). Declared "Education Czar" by Mint (2008), adjudged finalist of the John P. McNulty prize (2010), and profiled as “Who’s Next” by Fast Company (USA, 2011), Aspire enables Educators, Employers and Employees to Grow More. Please visit www.aspireindia.org for more information.
 About Flipkart.com:
Flipkart.com, India’s largest e-commerce brand for physical goods, started with books in 2007, and entered the consumer electronics category with the launch of mobile phones, in September 2010. Since then, it has grown rapidly with the introduction of innovative features like Cash/Card on Delivery (CoD), 30 day replacement guarantee and its own delivery network. Today, the portfolio is spread across 15 categories - from books to music, mobiles, computers, cameras, home & kitchen appliances, TV & home theatre systems, personal and healthcare products, stationery items and lifestyle products like perfumes, watches and health and beauty products. In addition to these, Flipkart has also made a foray into the emerging digital content market with the recent launch of Flyte, the digital music store. Flipkart is rapidly expanding its network of warehouses, distribution centers, procurement operations and 24/7 customer support teams. The company has its own delivery network in 50 cities and is set to expand this in the current financial year. With a team of around 4,800 members, the company operates from offices and warehouses in seven Indian cities.

For more details please log into:
http://www.tiecon-delhi.org
or
http://www.facebook.com/TiEDelhi
or
http://delhi.tie.org

The star festivities are here

The Star festivities are here!

Special festive show Star Parivaar Khushiyon Ka Tyohaar, with special guest Mary Kom, to air on 6th October at 10 pm on Star Plus

~ Star Plus salutes womanhood this festive seasonྼbr>

Mumbai, 28th September 2012: The festive season is here again and Star Plus will add to the celebrations by giving its viewers a special treat featuring their favourite stars.
India's favorite Hindi general entertainment channel has put together a special show - Star Parivaar Khushiyon Ka Tyohaar - to mark the beginning of festivities.

The show will feature most popular Star Parivaar Members entertaining their fans in an exciting, fun-filled episode. That's not all, a special surprise awaits women of Star Parivaar in their celebration. The special festival episode will feature IndiaⳠmost famous woman boxer Mary Kom.

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The male members have decided to pay a much deserved ode to the women in their lives through another surprise celebration. The men will honour the women with a surprise act crafted especially to respect the contribution of their wives, mothers, sisters and daughters in their lives.

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This one of its kind special show, Star Parivaar -Khushiyon Ka Tyohaar, will see some serious fun through exciting role reversals!

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As Ganesh Chaturthi marks the beginning of a long festive season, the show will be kick-started by the leading men of Star Parivar Ahem, Vikram, Jigar, Nanaji, Pental, Indu and Sooraj, bringing home a Ganesh idol dancing and singing to ᄥva Sree Ganesha⮊The remaining cast of Saathiya, Pratigya, Diya Aur Baati Hum and Pyaar Ka Dard Hain Meetha Meetha Pyaara Pyaara will join Star Parivar's leading men in the celebrations.

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The Parivaar house will be filled with absolute revelry, joy, excitement marking a perfect start to all the good things that will follow.

The men from various popular Star Plus shows will come together to prepare for this joyous occasion under the supervision of Babasa. Sooraj will take care of the refreshments for the evening, Indu will decorate the venue, and Aaditya will welcome the guests.

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As Star's leading men find themselves wrangled in routine planning - things that usually the women of their house manage - errors, blunders and unforeseen problems crop up. The blunders make the men realize the importance of women in their family and they vow to never take them for granted again. They go the extra mile to make sure it is a very memorable evening.

Just as everyone is engrossed in the excitement, the lights will be dimmed for a display of some of Star Parivar's most memorable moments in the form of beautiful photos. The Star Parivar members will relive some of their most cherished memories through the showcase, leaving everyone in tears.

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The show will have a lot more to offer as the men finally unveil their surprise for the women. The boys woo their women with a romantic dance: Aditya and Pankhuri, Sooraj and Sandhya and Gopi and Ahem take to the dance floor in what will be one of the most heart-warming acts on Star Plus. Ahem will go an extra mile to take care of pregnant Gopi.

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Star ParivaarⳠmost-loved characters Gopi, Ahem, Jigar, Pratigya, Murarilal Meghwal, Indu, Sanchi, Bhabho, Babasa, Sooraj, Sandhya, Meenakshi, Aditya and Pankhudi will be part of the special Khushiyon Ka Tyohar. Along with the Parivaar favourites, special guest Mary Kom will also be part of this evening to entertain audiences.

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㔨e festivities are all about having a good time, but they are also moments when you reflect and improve relationships with family and friends.

Star Parivaar Khushiyon Ka Tyohaar is an apt amalgamation of fun mixed with a special tribute to women, who are rarely given credit for their vital role in the family. It is a message to all men in Indian families to give a day of rest and joy to women,伯span> says Nachiket Pantvaidya, General Manager, STAR Plus.༯span>

To find out what the men have planned for the women, tune in to STAR Plus on Sunday, 6th October at 10 pm.

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About Star India

STAR India has defined India's broadcast space for the last two decades and is today one of the nation's largest pan India, media and entertainment conglomerates.
STAR India broadcasts close to forty channels in eight languages to more than 400 million viewers every week across India and 100 other countries. Its channel portfolio includes Star Gold, Channel [V], Star Jalsha, Star Pravah, Star World, Star Movies, Star Utsav, Life OK, Movies OK and Star Plus, India's No. 1, General Entertainment Channel. STAR India also has leading presence in regional broadcasting through a bouquet of joint venture channels i.e., Asianet channels and Star Vijay.

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Star India is a fully owned subsidiary of News Corporation.

www.newscorp.com