PNB Housing Finance strengthens foothold in Karnataka 

Inaugurates 8th branch at Bengaluru, taking the total branch network in South India to 21


Bengaluru, August 18, 2017: PNB Housing Finance, 5th largest housing finance company, today announced the inauguration of its new branch at Bengaluru. The new state-of-the art facility is located at PNB Housing Finance Ltd, Maruthi Plaza, 100ft ring road, Indira Nagar in Bangalore. With this, the company will now have 21 branches in South India.


The new branch has been inaugurated by Mr. Vinod Reddy, GM & Zonal Business Head, South and Mr. Sunil C, Regional Business Head, Karnataka PNB Housing Finance along with other dignitaries.


PNB Housing Finance Executive Director and Business Head Shaji Varghese said, “South is a key focus region for PNB Housing. Within the states, Karnataka is leading the growth of PNB Housing in southern markets, contributing more than 50% of the company’s southern retail business. The continuous expansion in Karnataka is aimed at strengthening PNB Housing’s footprint in high-potential and high-demand regions. Expansion is the engine of growth for the next few fiscals and Bangalore will remain a significant an integral part of our expansion strategy.”


Significantly, Indira Nagar Branch is the 3rd new branch that PNB Housing has opened in the city within just 3 months of the current fiscal. Earlier in June, the company opened two new branches at Kasturi Nagar and Vijaynagar.


PNB Housing Finance has a total of 71 branches across 39 towns and cities. In FY2016-17, the Company sanctioned loans worth INR 23704 croreswhile the total retail disbursement was INR 15766 crores. In the current fiscal, the Company plans to open a total of 23 new branches across India, with a majority of these located in western and southern regions.


About PNB Housing Finance Limited

PNB Housing Finance Limited (NSE: PNBHOUSING, BSE: 540173) is promoted by Punjab National Bank and is a registered Housing Finance Company with National Housing Bank (NHB). The Company got listed on the Indian stock exchanges on 7th November, 2016. The Company offer its retail customers “housing and non-housing loans”. The Company is also into construction finance loans to real estate developers for residential housing. PNB Housing Finance is a deposit taking Housing Finance Company.


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Intex Opens its 51st Master Intex Care Partner (MICP) in Bangalore; 2nd in Karnataka 

The 1200 sq. ft. MICP will cater to consumers as well as Intex service centers running in Karnataka

– 51 MICPs pan-India cater to 1500+ Intex service centers and nearly 20% MICPs are in South zone


Bangalore, August 18th, 2017: Intex Technologies, one of the leading consumer electronics company reached a new milestone in strengthening its after-sales service network with the opening of its 51stMaster Intex Care Partner (MICP) in Bangalore, Karnataka today. The 1200 sq. ft. MICP is the second in Bangalore dedicated to Consumer Durables & IT Products service as the first one was primarily for Mobiles. 90 service centers (Mobile & CDIT) in Karnataka are catering directly to consumers.


The 51st MICP in Bangalore was inaugurated by Mr. Biju Abraham, Head Customer- Service (CDIT), Intex Technologies and other officials. The MICP has opened at Ms. Delta Services, No 2/23, 1St Floor, New Raja Building, N R Road, Opp Town Hall, Above Kamat Restaurant.

Bangalore- 560002 (Karnataka).


On this occasion, Mr. Biju Abraham, DGM – Services (CDIT), Intex Technologies said, “We are very happy to open our 51st MICP nationally and second in Bangalore serving our CDIT products, thereby completing our services provision across all business verticals. The journey to reach this milestone within a three-year period has been very encouraging and supportive as we have built a robust state-of-the-art facility, infrastructure and with a professionally trained manpower been able to provide quality customer service and all necessary support to our service centers and partners. This is just another milestone achieved and we are sure to touch greater heights in connecting with people and touching their lives by reaching vast untapped towns and hinterland of the country.”


At present, Intex MICPs are spread across 24 states and 30 cities led by west, north, east and south zones. Intex operates 3 levels of service centers pan-India – Intex Care Partner (ICP) which are third party service centers, Exclusive Intex Care Partner (EICP) are third party service centers working exclusively for Intex and Master Intex Care Partner (MICP) which are repair centers and act as inventory / next level repair hub for all the state level ICPs and EICPs.


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Canon India Promotes Imaging Culture with Nationwide Workshops on World Photography Day

Bangalore, 18th August 2017:  Canon India is a name celebrated across the world for its innovation prowess in the world of imaging. Canon’s pursuit for magnificent photography is reflected in its diversified product range, crafted skillfully with cutting edge technology. Over the years, Canon has been spreading the knowledge of imaging among the audience, through several platforms including Canon Photomarathon, EOS Nation Seminars, Photography Workshops and Roadshows. Canon’s Image Square stores spread across the country, have intensified the brands retail expansion, providing an informative and engaging experience to customers. Continuing its endeavor of promoting the culture of imaging across the country, the imaging leader organized a series of activities and workshops, to encourage enthusiasts to indulge in creative excellence on World Photography Day.


Sharing his thoughts, Mr. Kazutada Kobayashi, President and CEO, Canon India said, “Photography is an incredible expression of art. It is a creative language that speaks the story of generations. We have been promoting the landscape of imaging in the country, since last two decades and over the years we have witnessed an increasing interest in photography. Novel camera technology is making it an exciting time for amateurs as well as professional photographers. At Canon India, we consider it our responsibility to take the remarkable world of imaging closer to our audience.  This World Photography Day, we are further strengthening our outreach of customer connect with theme based workshops and contests.”


In the Southern region of the country, Canon India is connecting with the photography  enthusiasts of Infosys Limited Bangalore, wherein a photo walk would be held within their campus premises, later to be followed by a photography quiz and photo contest for the employees. A series of photography workshops are being organized at education institutes like The Allura Festival at St. Joseph’s College (Autonomous), Bengaluru. A ‘Click and Print’ workshop with students at The Cambridge School, Bengaluru is being organized to provide them an experience of Canon technology, including cameras and printers and educate them on the nuances of clicking and printing.


In the Western states, numerous workshops are being organized at the Canon Image Square stores. A wedding photography workshop by renowned photographer, Mr. Pritesh Rao is being organized in the region. Raigad Photographer & Videographer Association is also organizing a similar wedding photography workshop for shutterbugs in Alibaug. As part of a Photowalk in Goa, the streets of the beachy city would be filled with photographers to discover and capture the picturesque architecture of the region. 


In the North, Photography Workshops are being organized at leading institutes and Photography clubs, Corporate houses, along with seven leading colleges of Delhiand Chandigarh, Photo talks and photography competitions are being held at School/Universities. Also complimentary workshops are being organized at CIS stores in north. The celebrations would extend with a Photography workshop for school students, being organized at Canon India Corporate office on the 24thAugust.


Canon will also be organizing external engagement programs such as a Photography workshop in the East in addition to participating in the Kolkata Photo Festival. Focusing on internal engagement, there is a ‘Click and Print activity’ for the employees with their families. Moments captured during this celebration will be handed over to them in the form of print outs.


These workshops and photo walks are being organized to acknowledge the art of photography and bring customers closer to Canon’s world of imaging.


About Canon Group

Ever since its foundation in 1937, Canon has been adhering to the “Kyosei” philosophy and has been striving to create and deliver world-class products, becoming a top global corporation by diversifying into new business fields throughout the world. Focusing on optical technologies, Canon produces office equipment, imaging devices, industrial systems and other products. Through the close connection between its global head office in Tokyo and regional headquarters in America, Europe, Asia, Oceania and regional headquarters in Japan, Canon combines its global and local operations organically. In 1996, Canon launched its Excellent Global Corporation Plan with the goal of serving the society with advanced technologies and becoming a trustworthy and responsible corporate citizen. The year 2016 is the first year of Phase 5 of the Plan. Currently, Canon boasts a strong global presence of 317 subsidiaries all over the world, supported by 189,571 employees. (Data as of December 31, 2015)


Canon in India

Canon India Pvt. Ltd., a 100% subsidiary of Canon Singapore Pvt. Ltd., is a world leader in imaging technologies. Set up in 1997, Canon markets over 200 comprehensive range of sophisticated contemporary digital imaging in India. The company today has offices and warehouses in 14 cities across India and employs over 1000 people. Canon has over 500 primary channel partners, 14 National Retail Chain partners, and over 6000 secondary retail points. Canon has 235 own retail stores accredited as “Image Square” across 112 cities in the country. Canon India’s service reach extends to over 600 towns covering 17,564 PIN codes across India – which comprises of 300 Camera collection points, 18 Camera repair centres, 235 Printer repair centres, 262 Copier, Scanner and Large Format Printer Sales & Service dealers.

In sync with its corporate tagline- ‘Delighting You Always’, reinforced by World class technology, Canon offers an extended product portfolio, including copier MFDs, Managed Document Services, Fax-Machines, Printers, Document and Cheque Scanners, All-in-ones, Digital Cameras, DSLR’s, Cinematic Imaging Products, Camcorders, Cable ID Printers and Card printers catering to the multiple market segments of consumer, SME, B2B, Commercial, Government & PSUs. Canon India recorded revenue of INR 2348. 6 crores in the year 2016.