LimeRoad Takes Style Quotient One Notch Higher

Bangalore, 15 July, 2015LimeRoad, India’s social commerce platform has announced the expansion of its Style Council. The Style Council is a group of style icons and influencers who inspire and support LimeRoad’s scrapbooking community. LimeRoad Style Council is about acceptance of differing style ideologies and it has got on board a very interesting bunch of women – from the young singing sensation Barbie Rajput; to India’s youngest female bike stunt athlete Anam Hashim; 24 year old singer, songwriter and composer Jasleen Royal. The Council also has fashion blogger Aayushi and many more eminent women such as Dr. Kalpana Shekhawat (Dietician & Nutritionist), Geetu Sarin (Owner, Geetanjali Salon), Heema Dattani(Celebrity Makeup Artist) amongst others. 

LimeRoad is an interactive platform targeted at the intelligent woman of today, it has an incredible width of carefully selected retailers, enabling customers to discover the best of lifestyle categories like apparel, accessories and home.  LimeRoad’s Style Council is made up of members who are particularly knowledgeable about fashion, have an innate sense of style, and is aimed to inspire users to share their individual style secrets and tips via social media.

LimeRoad’s unique scrapbooking feature helps and encourages style-conscious women around the country to create looks and earn money sitting at home. It offers a platform to women to freely share their unique style statement. Currently, LimeRoad has 40, 000 scrapbookers creating around 2 million scrapbook looks in a month. LimeRoad Style Council members interact with the scrapbooking community; guide them with tips and suggestions to create more and more stylish scrapbook looks enhancing the style expression of each and every woman across the country that is a part of the LimeRoad user community.

Barbie Rajput from Mandi (Himachal Pradesh), a new member in the style council is a 16 year old singer who won Sa Re Ga Ma Pa Li’l Champs and has a novel approach towards fashion. Anam Hashim from Lucknow, the daring stunt athlete is a fashion freak and loves flaunting her unique sense of style. She has become a style icon for young girls. Artist Jasleen Royal from Ludhiana is intrinsically stylish. Her style expression is understated yet so intriguing. Aayushi is well-known for her immaculate style statement. With so many relatable and young style icons on board, Style Council‘s expansion is going to empower the scrapbooking community remarkably.

“LimeRoad.com firmly believes that each woman is special and has a unique sense of style & expression.  And to support that thought, we’ve provided users with tools to express their sense of style through scrapbooking and creating looks. With new members in the Style Council, we are looking forward to providing our users with some spectacular style inputs. We have roped in women who have made it big in their own way in their respective fields and we strongly feel that our users can connect to them on a deeper level further strengthening LimeRoad’s dynamic scrapbooking community. ” said Suchi Mukherjee, co Founder & CEO, LimeRoad.com.

– MAYURI.V

 

Toyota Kirloskar Motor Expands it’s Used Car Business

Bangalore, July 15 2015 Toyota Kirloskar Motor (TKM) today announced the business expansion of its used car business – “Toyota U-Trust” to a wider network of cities across India to include 56 markets in 19 states. With this expansion TKM aims to cater to a wider audience and offer the used car buyer and sellers an experience at par with new car buyer.

Toyota U-Trust, launched in 2007, primarily aims to offer fair and transparent business practices by facilitating sales, purchase & exchange of Toyota and Non Toyota Cars. It also allows potential customers an opportunity to exchange their old cars of any make for a brand new Toyota or a competitively priced used Toyota car.

Transparency in pricing, validation of quality and a trusted platform are some major criteria that guide the decision of used car buyers. U-Trust brings all these factors and offers value for money in every transaction both for the buyer and seller. With the Used car market commanding a 30% higher market share than the newer ones, Toyota with U Trust wants to ensure every customers gets necessary choice, convenience and transparency with every sale or purchase.  

All cars from U Trust are thoroughly inspected with a comprehensive 203 point inspection check sheet which is used to arrive at accurate quality level of used vehicle along with best in Industry warranty offers on Toyota’s certified cars up to 2 years and 30,000 kms. Each car is certified by TKM in-charge after due diligence of documentation, quality level, Service history and genuine refurbishment by U Trust dealer. Only cars which satisfy all these criteria are  certified. Besides, confirmation of buyer details are provided to every seller customer after the car is sold by U Trust thereby instilling confidence in the seller.

Commenting on the expansion Mr. N. Raja, Director & Senior Vice President, Marketing & Sales, Toyota Kirloskar Motor, said “With constant technological innovations in the auto industry the market has gradually evolved into a highly dynamic one. Customer preference has shifted towards value for money while dealing with used cars. With the expansion of Toyota U-Trust we are now equipped to provide quality cars, convenience, transparency and value for money to every customer on a much wider scale. Also with our trained technicians and offers of best in industry Warranty & Certification along with refurbishment of cars with Toyota genuine parts, we ensure the delivery of best quality used cars.”

All Toyota U-Trust employees at Dealerships go through a stringent and exhaustive multi-level training process to ensure they instill confidence in the customers and help them make an informed decision. They go through a detailed 45 + 90 day training process which is very scientifically designed to accurately assess the quality of the car.

Follow link for Toyota product pictures:

http://www.toyotabharat.com/inen/news/media-contact/view-gallery.aspx 

Overview of TKM

Company name Toyota Kirloskar Motor Private Limited
Equity participation TMC: 89%, Kirloskar Group: 11%
Number of employees Approx. 7000+
Land area Approx. 432 acres (approx.1,700,000 m2)
Building area 74,000 m2
Total Installed Production capacity Upto 3,10,000 units

Overview of TKM 1st Plant

Established October 1997 (start of production: December 1999)
Location Suburb of Bangalore, Karnataka State
Products Innova, Fortuner manufactured in India.
Prado, Land Cruiser and Prius imported as CBUs.
Installed Production capacity Upto 1,00,000 units

Overview of TKM 2nd Plant:

Location On the site of Toyota Kirloskar Motor Private Limited (on the outskirts of Bangalore, Karnataka State)
Products Corolla Altis, Etios, Etios Liva,Etios Cross, Camry & Camry Hybrid
Start of production December 2010
Installed Production capacity Upto 2,10,000

– MAYURI.V

Gartner Says Worldwide Semiconductor Capital Spending to Increase 2.5 Percent in 2015

Bangalore, India, July 14, 2015 — Worldwide semiconductor capital spending is projected to grow 2.5 percent in 2015, to $66.1 billion, according to Gartner, Inc. This is a down from the 4.1 percent growth predicted in the previous quarter’s forecast (see Table 1).

“Since the previous quarter’s forecast, continued weakness in the euro and yen have created major weaknesses in the overall equipment market picture,” said Bob Johnson, research vice president at Gartner. “With over half of all equipment being produced by either Japanese or European suppliers, the weakness in their currencies has been the primary factor in our reducing our overall outlook for 2015. Longer term, we expect modest growth throughout the semiconductor cycle, with just a pause in the equipment market growth expected in 2016, as DRAM goes through a typical cyclical downturn.”

Table 1

Worldwide Semiconductor Capital Spending and Equipment Spending Forecast, 2014-2019 (Millions of Dollars)

  2014 2015 2016 2017 2018 2019
Semiconductor Capital Spending ($M)

64,569.8

66,156.6

63,952.0

65,733.0

69,152.1

72,237.3

Growth (%) 11.6 2.5 -3.3 2.8 5.2 4.5
Wafer-Level Manufacturing Equipment ($M)

33,684.1

33,726.9

32,532.7

35,676.6

39,072.2

40,354.7

Growth (%) 16.2 0.1 -3.5 9.7 9.5 3.3
Wafer Fab Equipment ($M)

31,953.0

31,903.8

30,732.4

33,634.2

36,652.1

37,844.0

Growth (%) 16.3 -0.2 -3.7 9.4 9.0 3.3
Wafer-Level Packaging and Assembly Equipment ($M)

1,731.1

1.823.1

1,800.3

2,042.4

2,420.1

2,510.7

Growth (%) 14.3 5.3 -1.3 13.4 18.5 3.7

Source: Gartner (July 2015)

Foundries will continue to outspend the logic integrated device manufacturers (IDMs) in 2015. Worldwide foundry spending is forecast to increase 17.2 percent, in contrast with the 1.4 percent decline in total logic spending. However, the longer-term outlook for total logic spending is strong as predicted mobility market saturation will dampen the need for new capacity and create an environment where existing capacity is upgraded to the latest node.

Worldwide memory capital spending remains strong for 2015, with a 3.2 percent increase anticipated, compared with a 10.2 percent increase in the previous quarter’s forecast. The reduction from the previous forecast is a result of spending announcements by major manufacturers, which were lower than previously anticipated, and reflected the fact that major equipment types are cheaper due to weaknesses in exchange rates. Memory manufacturers currently enjoy a strong chip-pricing environment, which sets the stage for continued spending growth through 2015. However, an anticipated oversupply in DRAM in 2016 will lead to a 13.6 percent decrease for worldwide memory spending next year.

Wafer-level equipment spending is forecast to increase 0.1 percent in 2015, as manufacturers pull back on new fab construction and concentrate instead on ramping up new capacity. “As we get better visibility into individual company spending plans for 2015, it is apparent that caution is a prevailing sentiment, with the exception of memory, where manufacturers are adding capacity in response to favorable market conditions,” said Mr. Johnson.

This research is produced by Gartner’s Semiconductor Manufacturing program. This research program, which is part of the overall semiconductor research group, provides a comprehensive view of the entire semiconductor industry, from manufacturing to device and application market trends.

Additional analysis on the outlook for the semiconductor market can be found in the Gartner Webinar “2Q15 Semiconductor Manufacturing Forecast Update.”

-MAYURI.V

Mr. M.R Jaishankar, CMD Brigade Group receives Significant Achievement Award

Bangalore, July 08, 2015: Premier real estate developer Brigade Group’s Chairman and Managing Director, Mr M.R. Jaishankar, has received the Significant Achievement Award at the Vocational Service Awards Night organized by Rotary Club Chikmagalur.

The award was given to Mr Jaishankar in recognition of his outstanding contribution in multifarious activities, able leadership and for being a real estate visionary par excellence. The award also recognises him as a role model to emulate.

Commenting on the recognition, Mr Jaishankar said, “It is an honour to receive this award from Rotary Club Chikmagalur and it feels good to know that my contributions have made a positive impact in the lives of people.”

Mr. M.R Jaishankar, as a young entrepreneur, established Brigade Group in 1986. The company’s very first project, Brigade Towers was the tallest building to be constructed by a private developer in Bangalore. Today, Brigade Group’s portfolio covers a wide range of projects in all domains of property development.

Jaishankar’s leadership, commitment to quality and passion for innovation has enabled Brigade Group to grow from a single-building, small private enterprise to a diverse multi-domain, multi-city public limited company—a recognised leader in the field of property development.

-MAYURI.V

Hairline International wins prestigious Brand Achievers award

Bangalore, July 3, 2015: Bangalore-based Hairline International Hair & Skin Clinic has won the prestigious Brand Achievers Award for Most Promising Hair Treatment Clinic in Bangalore recently.

Commenting on the recognition and award, Ms Bani Anand, Founder-Director, Hairline International Hair & Skin Clinic, said, “The award is a testimony to our excellence in our field. We have been pioneers in our field and this recognition encourages us to strive for more.”

 Award for Excellence

 The Brand Achievers concept aims to empower start-ups, SMEs and professionals develop into brands. Hairline International has been chosen by the Brand Achievers team as one of the most deserving candidates for Brand Achievers Awards for Most Promising Hair Treatment Clinic in Bangalore.

– MAYURI.V

SEAGATE EXTENDS RELATIONSHIP WITH IBM FOR HIGH PERFORMANCE COMPUTING STORAGE

Bangalore, India — July 14, 2015 — Seagate Technology plc (NASDAQ: STX), a world leader in storage solutions, announced it is integrating IBM®Spectrum Scale™ software with its ClusterStor™ High Performance Computing (HPC) storage to deliver a new software defined storage appliance.  The new appliance will help users manage the demands of data-intensive workloads, such as genomic research, computer aided design, digital media, data analytics, financial model analysis and electronic design simulations. 

“The newly engineered system will bring the capabilities of IBM Spectrum Scale together with the unique performance efficiency and scalability of Seagate’s ClusterStor systems, helping clients to manage demanding, data-hungry high performance computing applications more efficiently than before,” said Ken Claffey, vice president and general manager, Seagate HPC systems business. “To do so, we are building on the Seagate core, extending innovation from the device into the information infrastructure, both on-site and in the Cloud.” 

Engineered for high performance computing, Seagate’s ClusterStor helps solve today’s toughest HPC storage challenges—delivering power, performance, scalability and reliability for users in a wide range of industries that rely on supercomputing applications.  Having shipped over 17,000 petabytes and two million enclosures for major original equipment manufacturers (OEMs), Seagate has successfully delivered some of the largest, most productive and efficient HPC storage systems in the world. Seagate’s innovative ClusterStor solutions are in a unique position to empower information-driven organizations that require the shortest time and cost to insight with the opportunity to extract unprecedented value from their big data. 

IBM Spectrum Scale is part of IBM’s industry-leading Spectrum Storage software defined storage family helping clients manage massive amounts of data globally, where they want it, how they want it, in a fast and easy manner from a single dashboard. 

“Organizations in all industries are looking for faster and more cost efficient ways to store, manage and access data for critical business processes and insight-generating analytics,” said Bernie Spang, vice president, IBM software defined infrastructure. “With the IBM Spectrum Storage portfolio, IBM has created building blocks for partners to deliver new and creative technology solutions that help clients meet their diverse needs.” 

IBM Spectrum Scale is a proven, scalable, high-performance file and object management solution delivering simplified data management and integrated information lifecycle tools capable of managing petabytes of data and billions of files, in order to manage the growing cost of dealing with ever increasing amounts of data.

Seagate brings together its expertise in hard disk drives and storage system architectures to ensure organizations achieve high performance and productivity levels while cutting HPC storage total cost of ownership (TCO) through reduced data center floor space as well as decreased power, cooling and administrative costs. ClusterStor reliably provides superior performance in a smaller space. This is integral to sustaining performance efficiency, allowing organizations to maximize production-level uptime, keeping their HPC initiatives on schedule and on budget.  

Availability

Seagate’s new software defined storage appliance, which combines ClusterStor with IBM Spectrum Scale, is expected to be available from Seagate’s sales partners late in 2015.

– MAYURI.V

American Tourister partners with UMumba for Pro Kabaddi League 2015

bangalore, 14th July 2015 – American Tourister, the world’s leading luggage and accessories brand, announces their association with UMumba – Mumbai’s franchise of the vastly burgeoning Pro Kabaddi League in India. The luggage brand partners with UMumba as their official travel gear partner for the second edition of the Pro Kabaddi League. American Tourister is all set to make the mega Kabaddi tournament even more exciting for the Mumbai fans this season. 

As the official travel gear partner, the world class athletes from UMumba would be sporting the uber cool collection from the versatile range of American Tourister products and accessories.  The tough and fierce athletes would complement the strong yet stylish products as they aim to win the hugely popular Pro Kabaddi league the second time around. An American Tourister representative will also be present for the very first official coin toss of the Pro Kabaddi League opener.

Announcing the association with UMumba, EP Suresh Menon, CEO (India & Middle East) at Samsonite South Asia Pvt Ltd, says, “Kabaddi has a huge following, much like the American Tourister brand. Kabaddi gaining prominence with audiences across the nation, we see great potential in reaching out to consumers in metros as well as Tier 2 and Tier 3 markets with this association. UMumba was the frontrunner throughout last season and the team carved a niche for itself as a contemporary, stylish yet fierce brand on and off the field. We believe in UMumba’s vision and are glad to partner them in the sport’s growth story at this nascent stage.”

Commenting on the partnership with American Tourister, Supratik Sen, CEO of U Sports said, “We are glad to be associated with a leading international luggage and accessories brand like American Tourister as our official travel gear partner. Their world class products designed with utmost precision and engineering to develop such long lasting and quality products inspires us to build and grow our team in a similar fashion. Their vast range of products will certainly enable our team to travel comfortably during the busy and grueling schedule coming up over the next few weeks.”

American Tourister is an ardent supporter of this fantastic sport that is very dear to millions of Indians across the nation. The renowned international brand aims to grow in the hearts of the masses that avidly supports and cherishes this enthralling sport through this valuable association.

– MAYURI.V