Tuesday, November 17, 2015

Media Invite-Inauguration of Super Specialty Eye Care Hospital

Dear Sir/Madam,
Please find attached media invite for the inauguration of a super specialty Vasan Eye care Hospital at the hands of Hon. Vinod Tawde, Education Minister, State of Maharashtra on 18th November at 9:15 am at Ambrosia Building, Devipada Bus Depot, Opp. Tata Power, Western Express Highway, Borivali East, Mumbai.
Looking forward for your kind presence.
Warm Regards,
Principal Consultant

IndianOil and PGTI announce 16th IndianOil SERVO Masters Golf 2015

  • Prize money is Rs. 30 lakh
  • Top names in the field include Shankar Das, Shamim Khan, Mukesh Kumar, Udayan Mane, Kunal Bhasin, Sujjan Singh

The 16th edition of IndianOil SERVO Masters Golf will be held from 18th to 21st November, 2015, at the Digboi Golf Links under the aegis of the Professional Golf Tour of India (PGTI). The prize money for the tournament is Rs. 30 lakh. The Pro-Am event will be held on 22nd November.

SEBI directed commodity derivatives exchanges to set up Investor Service Centre(ISC) and Arbitration Mechanism

Pursuant to Section 131 of the Finance Act, 2015 and Central Government notification F.No. 1/9/SM/2015 dated August 28, 2015, all recognized associations under the Forward Contracts (Regulation) Act, 1952 are deemed to be recognized stock exchanges under the Securities Contracts (Regulation) Act, 1956 with effect from September 28, 2015. This circular applies to National Commodity Derivatives Exchanges as defined in the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2015

SEBI has issued a circular with an objective to streamline and strengthen the framework of investor redressal and arbitration mechanism at commodity derivatives exchanges in line with the securities market. The provisions of this circulars are as under :

Investor Service Centre(ISC)/ Investor Grievances Redressal Committee (IGRC): The national commodity derivative exchanges shall set up investor service centers (ISC) for the benefit of the public/ investors in accordance with the circular CIR/MRD/DSA/03/2012 dated January 20, 2012.

The national commodity derivatives exchanges shall constitute IGRC in accordance with the SEBI circular no CIR/MRD/DSA/03/2012 dated January 20, 2012 and shall perform all such functions and responsibilities as stated in the SEBI circular no CIR/MRD/ICC/30/2013 dated September 26, 2013.

Arbitration Committee / Panel and Appellate Arbitration: The national commodity derivatives exchanges shall maintain panel of arbitrators, code of conduct for arbitrators, arbitration process, appellate arbitration, place of arbitration (nearest address provided by the client in the KYC form), implementation of arbitration award in favour of clients, records and disclosures as per the provisions of SEBI Circulars no CIR/MRD/DSA/24/2010 dated August 11,2010, CIR/MRD/DSA/04/2012 date January 20, 2012 and CIR/MRD/ICC/20/2013 dated July 05, 2013.

The national commodity derivatives exchanges shall make applicable the arbitration fees to each parties to the arbitration in accordance with the SEBI Circular No CIR/MRD/DSA/29/2010 dated August 31, 2010 read with CIR/MRD/ICC/29/2012 dated November 07, 2012 and CIR/MRD/ICC/29/2013 dated September 26, 2013.

Automatic Process and Common Pool of arbitrators : The national commodity derivatives exchanges shall pool all arbitrators of their exchange in the common pool across all national commodity derivatives exchanges, facilitate automatic selection of arbitrators from the common pool and shall also follow all other provisions mentioned in the SEBI Circular CIR/MRD/ICC/8/2013 dated March 18, 2013

All the provisions shall be implemented by national commodity derivatives exchanges latest by April 1, 2016, unless otherwise approved by SEBI. The implementation of this circular should be reported by the national commodity derivatives exchange to SEBI on monthly basis.

Tilting at Titling: Will We Ever Get it Right?

CPR is pleased to invite you to a talk on
Tilting at Titling: Will We Ever Get it Right?
Thursday, 19th November, 12:30 – 2:00 p.m.
Speaker: Deepak Sanan
Conference Hall, Centre for Policy Research
Incomplete and inconclusive land titling in India pose serious challenges to the conduct of business and often create situations of injustice by facilitating dispossession and displacement. Disputed ownership is commonplace, with many cases under litigation for decades. Mr. Sanan will review the reasons for such infirmities in land titles in India,  explain how the government typically deals with such infirmities, and demonstrate why the government’s approach is insufficient to deal with the issue of land titling systematically.
Deepak Sanan is an officer of the Indian Administrative Service, and is currently Additional Chief Secretary to the Government of Himachal Pradesh with charge of the Departments of Forests, Environment, Science and Technology. In his career he has held positions offering experience in many sectors including public finance, rural development, water and sanitation, health, urban development, revenue, and power, while working in the state of Himachal Pradesh as well as the Government of India. Mr. Sanan has published regularly on centre-state relations, in particular, on creating incentives to more effectively use central funds to deliver outcomes and improve governance. He is particularly interested in the design of centrally sponsored schemes. He has undertaken a number of assignments as a consultant with the World Bank, IFAD, DFID, IDS Sussex and AusAid relating to his skills and experience in both public finance and rural development and specially in relation to the water and sanitation sector in India. He has also been on the staff of the World Bank as the India Country Team Leader in the Water and Sanitation Program (South Asia).
Lunch will be served at the event.
Please RSVP to landrightsinitiative@cprindia.org, or call at +91 8447767028

Tourist Visa on Arrival (TVoA) registered 1987.9 % (y-o-y) growth in October, 2015

Government of India launched Tourist Visa on Arrival (TVoA) enabled by Electronic Travel Authorization (ETA), presently known as e-Tourist Visa scheme on 27th November 2014. At present e-Tourist Visa facility is available for citizens of 113 countries arriving at 16 Airports in India . e-Tourist Visa fee structure has been revised w.e.f. 3rd November 2015 by clubbing the 113 countries into 04 groups for charging differential rates viz.0,US$25, US$48 and US$60.Bank charges have also been reduced from US$2 to 2.5% of the e-Tourist Visa fees.
The following are the important highlights of e-Tourist Visa during October, 2015:
(i) During the month of October, 2015 a total of 56,477 tourist arrived on e-Tourist Visa as compared to 2,705 during the month of October, 2014 registering a growth of 1987.9%.
(ii) During January-October, 2015 a total of 2,58,182 tourist arrived on e-Tourist Visa as compared to 21,995 during January-October, 2014 registering a growth of 1073.8% .
(iii) This high growth may be attributed to introduction of e-Tourist Visa for 113 countries as against coverage of earlier TVoA scheme for 12 countries.
(iv) The percentage shares of top 10 source countries availing e-Tourist Visa facilities during October, 2015 were as follows:
UK (22.80%), USA (16.70%), France (7.09%), Germany (7.02%), Australia (5.53%), Canada (4.39%), Russian Fed. (3.99%), China (2.93%), Ukraine (2.14%) and Spain (2.11%).
(v) The percentage shares of different ports in tourist arrivals on e-Tourist Visa during October, 2015 were as follows:

New Delhi Airport (50.93%), Mumbai Airport (20.54%), Bengaluru Airport (5.90%), Chennai Airport (5.61%), Goa Airport (4.39%), Kochi Airport (3.71%), Hyderabad Airport (2.29%), Kolkata Airport (2.23%), Amritsar Airport (1.54%), Trivandrum Airport (1.26%), Ahmedabad Airport (0.99%), Jaipur Airport (0.28%), Tiruchinapalli Airport (0.21%), Gaya Airport (0.08%), Lucknow Airport (0.02%) and Varanasi Airport (0.02%). 

HP Indigo  Technology  Creates Book Honoring Nobel Peace Laureates

New Delhi, India, November 17, 2015 – HP Inc. announced that HP Indigo has been selected for a third consecutive time to print Being Nobel, a book about the inspirational lives of Nobel Peace Laureates. The book will be presented to each honoree and youth delegates during the 15th World Summit of Nobel Peace Laureates event this year in Barcelona, Spain, taking place from November 13-15. In addition to the Laureates, the event will bring together heads of state, Mayor of Barcelona and Hollywood stars, among others.
Being Nobel was written by author Livia Malcangio and printed in Germany by Elanders, which selected the HP Indigo 10000 Digital Press to bring Malcangio’s beautiful story to life because of  its ability to produce photographic prints in vibrant detail and advanced image quality in a very short turnaround time.
An Italian journalist and human rights activist, Malcangio has worked for the Secretariat of the World Summit of Nobel Peace since 2001. “Being Nobel allows me to share my passion about inspiring stories of incredible humanitarians I had the chance to work with”, shared Malcangio. “The book focuses on the importance of changing the way that history is taught, learned and understood by youths around the world and the significance of conceptualizing history through peace rather than war,” concluded the author.
With more than 170 images, illustrations and maps, the book details the courageous stories of recent Nobel Peace Prize winners – from Mikhail Gorbachev and Desmond Tutu to the Dalai Lama and 18 year old Malala Yousafzai, the youngest Nobel Peace Laureate in history, and others. The book is meticulously arranged continent by continent, with vivid photographs and illustrations. Each chapter carefully integrates stories of those who by accident or design, shaped the world history of the last 60 years.
“Each year we face major time constraints when it comes to printing the book, as the honorees are announced so close to the Summit”, said Ashley Woods, Print Production Manager. “With such short turnaround and inevitable last minute changes taking place including the need to personalize each copy, the choice of using Indigo technology gave me total peace of mind,” concluded Ashley.
The HP Indigo 10000 Digital Press, which won the InterTech Technology Award for Innovation in 2013, was chosen to produce the book because it enables the production of any size application in top quality and a wide range of substrates: from pocket folders and six-page brochures to posters and large lay-flat books such as Being Nobel,  The B2 / 29-inch HP Indigo 10000 utilizes up to seven ink stations for an extended color gamut , including HP Indigo ElectroInk white, spot colors and special colors. And because the Laureates are chosen so close to the day of the actual ceremony, quick turnaround is critical. This digital press can print up to 4600 color B2 sheets per hour and can integrate with a range of inline and near-line finishing devices for seamless production.
Previous editions of Being Nobel were printed in Germany (Elanders) and South Africa (Fairstep).
Additional information about HP Indigo digital printing solutions is available atwww.hp.com/go/HPIndigo, on the HP Graphic Arts YouTube channel,www.youtube.com/hpgraphicarts, or through the HP Graphic Arts Twitter Feed,www.twitter.com/hpgraphicarts.

Dr. Ravi Pillai’s daughter’s marriage may serve as valuable platform for business and investment

42 global leaders that include Country Heads, Global CEOs, Government Representatives and Members of Royal families expected to converge in Kerala
New Delhi / Kollam, November 17, 2015: The marriage celebrations of industrialist and Chairman of RP Group, Dr. Ravi Pillai, are expected to provide a platform that will translate into significant business opportunities for the state of Kerala. It might turn into a high-level business cum investment meet for the state as Kerala Chief Minister Oommen Chandy will be attending the event.
The guest list includes dignitaries from 42 countries, making the marriage a unique event that Kerala can be optimistic about. Probably for the first time in the history of the state, representatives from such varied regions will converge for such as august event. Country Heads, Global CEOs, Government Representatives and Members of Royal families from different countries around the world will be hosted in Kollam during the wedding ceremony and ensuing celebrations and Kerala is all set to attract the attention of the world as a world class tourism and business destination.
The guests include Senior Ministers and members of the Royal families of Qatar, Saudi Arabia, Kuwait, Bahrain and the United Arab Emirates, CEOs of Samsung Group, Japan Gas Corporation and Chiyoda Corporation Japan, top management of organisations such as SK Group that is among South Korea’s leading industrial conglomerates, Tech Moon Italy, NL Group Europe, and ExxonMobil among others. Keeping in mind the fact that the guest list includes an eclectic mix of individuals from different areas of business, participating guests may engage in a meaningful dialogue on business and investment with the Chief Minister and representatives from public and private sectors in the state.
“There is significant potential in Kerala and a multitude of exciting business opportunities are waiting to be discovered. Aarthi’s marriage provides a significant platform for guests to discuss business and consider investing in the state, ” said Dr. Ravi Pillai, Chairman RP Group.

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