Sunday, March 17, 2019


Embassy office Parks REIT (Embassy REIT) is issuing Units
aggregating up to Rs.4750 crores.

Bids open on March,18,2019 & Closes on March,20,2019.
The price band for the  offer is from Rs.299/- to Rs. 300 per Unit.
Bids can be made for a minimum of 800 units & in multiples of
400 units thereafter by bidders other than Anchor investors  and
Strategic Investors.

Embassy Office park REIT (Real Estate Investment Trust),the first
ever by a Real estate Investment Trust in India.The Units of the
Embassy REIT are proposed to be listed on the National Stock 
Exchange of India (NSE) and BSE Limited (BSE)

The net proceeds of the issue will be used for 1. Partial or Full 
repayment of  or pre payment of bank/financial institution debt
of certain Asset Special Purpose Vehicles (SPV's) and by the 
Investment Entity,2.payment of consideration for acquisition
of the Embassy One Assets currently held by Embassy One 
Developers Private Limited  & 3.General Purposes.

The issue will include participation by strategic Investors in
accordance with the SEBI guidelines.The issue is being made
by Book Building process & in compliance with the REIT
Regulations  & the SEBI guidelines.

Friday, March 15, 2019


Vummidi Bangaru Jewellers,with a legacy of 119 years,partners
Mr.Amarendran Vummidi.
with Forevermark,the diamond brand from the De Beers group
Ms.Srinidhi Shetty,Kannada Film Star
Who graced the occasion
at their  jayanagar store.

Mr.Amarendran Vummidi,Managing Partner,Vummidi Bangaru
Jewellers addressed the media and said," It gives us immense pleasure
to have associated with Forevermark-the diamond expert that offers the
best quality of diamonds to its partners,with its stringent selection process.
Using Forevermark diamonds in our designs not only enhances the
jewellery but also reinstates the trust that customers have on us".

Speaking on the occasion,Mr.Sachin Jain,President Forevermark,
said," Forevermark is proud to be associated with Vummidi Jewellers,
one of the finest jewellers in Bangalore."

The solidarity of these Two brands has brought about an ideal association
to offer elegant diamond jewellery pieces that come with an unique inscription
number assuring the customers that they are the most beautiful,rare
and responsibly sourced diamonds.


Friday, March 8, 2019


TURBOSTEEL LPS TMT Bars launched using LPS Technology.

LPS (Low Phosporus & Sulphur ) ,is a High end technology for
manufacturing steel which gives strength for the building.
While Launching the Product,Mr.Praveen Chandra Ramamurthy,
Mg.Director,prakash Sponge Iron & Power, said,"TURBOSTEEL
LPS TMT Bars' physical properties are stable,mechanically superior
and visually distinct from other products".The Company has over 100 
dealers across karnataka & plans to launch this product in other states

Mr.Ramesh Aravind Cine star & Director is the Brand Ambassador for
this product.He was also present on the occasion.

Thursday, March 7, 2019


Digite,Inc.a leading provider of Enterprise project Intelligence 
Mr.A.V.Sridhar, Co Founder & CEO
addressing media.
Solutions,based in Silicon Valley launches RISHI,XAI (Explainable
Artificial Intelligence) .It enables users to track & predict project
performance and take informed corrective actions using what-if-analysis.

Explainable Artificial Intelligence  (XAI) -the ability to describe how a 
machine learning algorithm arrives at a prediction/forecast/recommendation
in an understandable manner.Most project management products in the 
market show the rear view mirror perspective of projects through performance
indicators using standard descriptive analytics.RISHI, on the otherhand
goes much faster by qualifying & quantifying the factors causing performance
deviations and predicting their progress into the future.