G SQUARE BETS BIG ON PLOTTED DEVELOPMENT IN

 G SQUARE BETS BIG ON PLOTTED DEVELOPMENT IN 

COIMBATORE with plotted project opp.Gem Hospital

 

§  DTCP approved Premium Ready To Build Villa and Commercial facilities plots in the most sought after prime location in Coimbatore, Krishnaswamy Nagar Opp. GEM Hospital, 1.5 kms from Race Course at half the price of Race Course

§  Residential plots – start from INR 1.9 Crs /- ( 30 lakhs per cent) for 6.3 cents

§  Commerical plots – start from 15.05crs/- ( 35 lakhs per cent) for 43 cents

 

G SQUARE, South India’s largest land aggregator, today announced the launch of G SQUARE Blue Crest, a plotted gated community of 33 residential and 4 commercial plots at Krishnaswamy Nagar, Coimbatore.

 

G Square has been instrumental in promoting fully developed and self-contained ready-to construct plots meeting international quality and standards, at prime ‘on road’ locations in and around Chennai and Coimbatore.

 

Set in a green, peaceful ambiance with manicured landscapes and pristine surroundings, G SQUARE Blue Crest is an amalgamation of freedom to create one’s unique dream home or business and commercial facility in the heart of the city. It is the only gated plot community in the city with DTCP approval and RERA registered. The 9.5 acres is bifurcated into 33 residential plots ranging from 6.3 cents to 30 cents and 4 commercial plots ranging from 43 cents to 94 cents. The project comes with 24x7 CCTV Security, 5 years free maintenance, blacktop internal roads, street lights and extensive landscape.

 

Speaking on the occasion, Mr. N. Eshwar, Chief Executive Officer, G SQUARE said, “G Square is proud to bring its first project in Coimbatore. We believe in giving customers, plots in the most that sorted out city locations. This is unique by itself as it gives them an opportunity to construct independent houses as they wish and in the location they want.”

 

G SQUARE Blue Crest boasts of a cozy, upscale neighbourhood that has some of the best schools, colleges, and hospitals in the city. Also with shopping malls, hospitals and restaurants in close proximity, the location truly provides for a life of convenience. The place due to its closeness to Trichy Road, Avinashi, and Race Course is well connected and easily accessible from and to any part of Coimbatore.

 

For more information visit www.gsquarehousing.com

RERA No: TN/13/Layout/241/2021 | www.tn.rera.gov.in

IndiGo signs LOI to bring Freighters on board

 IndiGo signs LOI to bring Freighters on board

Building on the success of the CarGo business in recent years, IndiGo - India’s leading carrier – has initiated a freighter programme and is in the process of sourcing 4 A321ceo aircraft each of which will be converted from passenger jets to a full freighter configuration.  A Letter of Intent has been signed with a lessor for two aircraft already, and IndiGo expects to reach agreement for the next two shortly.  The initiative will make best use of the natural synergies that IndiGo offers, using the same pool of pilots and engineers that fly and service its current fleet.

The A321P2F (Passenger-to-Freighter conversion) is the most efficient narrow-bodied freighter available, offering 24 container positions and supporting a payload of up to 27 tonnes. These are being converted through a programme involving ST Engineering and Airbus with their joint venture, Elbe FlugzeugWerke (EFW).

IndiGo is expected to take the delivery of its first freighter in the first half of 2022, which will be used for both domestic and regional missions. The remaining three aircraft in the initial commitment are expected to arrive within a year or so from arrival of our first freighter, and further aircraft may be sourced depending on market development. 

Mr. Ronojoy Dutta, Chief Executive Officer and Wholetime Director, IndiGo said, “CarGo has been a success story over the last year, scaling new heights and creating new records, but our belief in the cargo business goes beyond the special circumstances right now. IndiGo was already the largest carrier of cargo in domestic India before Covid-19, and we expect the market to continue to grow after the pandemic.  Our investment in the Airbus Freighter Programme will help strengthen our product and services in the segment, and not only help accelerate our own business recovery but also be a strong engine of economic growth for the country.”

IndiGo transports over 2.1 Mn vaccine doses in

 IndiGo transports over 2.1 Mn vaccine doses in 8 days across 16 locations

In-line with its commitment to provide support to the nation in the current scenario, India’s largest airline, IndiGo transported a total 5,785 kg of shipments from SII and Bharat Bio-tech - vaccine vials equating to 21.60 lacs doses - between January 12, 2021 and January 19, 2021. The shipments were moved from Hyderabad, Mumbai, Pune to 16 locations across the country including, Vijayawada, Guwahati, Patna, Odisha, Raipur, Bhopal, Thiruvananthapuram, Indore, Imphal, Agartala, Chandigarh and Udaipur via 21 IndiGo flights.

Mr. Ronojoy Dutta, Chief Executive Officer, IndiGo said, “We are honoured to have the opportunity to contribute to the vaccination drive, by transporting the shipments across 16 locations within the country. We will continue to partake in moving the vaccines from one part of the country to another. We look forward to supporting the nation in its hour of need”.

Mahindra’s All-New Thar Crosses

                 Mahindra’s All-New Thar Crosses 15,000 Bookings

Mahindra & Mahindra Ltd. (M&M), part of the USD 19.4 billion Mahindra Group, today announced that its legendary SUV, the All-New Thar has now crossed 15,000 bookings, since its launch on October 2, 2020.

Today 57% of all buyers of the All-New Thar are first time car buyers and a significantly large share of all bookings are for the Automatic variants.

Commenting on the booking milestone, Veejay Nakra, Chief Executive Officer, Automotive Division, Mahindra & Mahindra Ltd. said, “We are delighted with this overwhelming response received for the All-New Thar, having crossed 15,000 bookings as on date. What is particularly interesting is that there is an acceptance of the All-New Thar amongst a larger base of lifestyle seekers, beyond the traditional lovers of this iconic brand. Given this overwhelming response, we are substantially ramping up our capacity”.

As one of the most anticipated launches in the industry, the All-New Thar has garnered a lot of interest from buyers and auto experts alike. Since its launch on October 2, 2020, the All-New Thar has received over 65,000 enquiries and more than 8 lakh website visitors. 

#TheAllNewThar | #ExploreTheImpossible

 

Flipkart Group and Arvind Fashions Strengthen

Flipkart Group and Arvind Fashions Strengthen Partnership

Focus on addressing the needs of the fashion-conscious Indian youth

The Flipkart Group and Arvind Fashions (AFL) today strengthened their partnership, through an investment of INR 260 crore by the Flipkart Group to purchase a significant minority stake in AFL's recently formed subsidiary Arvind Youth Brands which owns the Flying Machine brand. This investment builds on the long-standing engagement between the two organizations that have been working together for several years to address the demands and needs of the fashion-conscious youth in India.

An iconic Indian brand with a 40-year legacy, Flying Machine has been retailing on the Flipkart Group platforms of Flipkart and Myntra for more than six years. A denim-first brand, Flying Machine is amongst the leading denim brands in India. With its brand legacy, design sensibilities and youth appeal, the brand is seen as a strong style partner across metros and smaller tier towns. Through this investment, the Flipkart Group and Arvind Fashions will work collaboratively to identify opportunities and synergies to innovate and develop products with strong value propositions at attractive price points.

Speaking on the investment, Kalyan Krishnamurthy, Chief Executive Officer, Flipkart Group, said, "Flying Machine is a brand that is known in households across India, popular with the youth and synonymous with value and style. Through this investment, we look forward to partnering with the team at Arvind Youth Brands to continue to grow the market for its portfolio of products and enhance the strong brand equity that has been built over the last few decades."

J. Suresh, Managing Director and Chief Executive Officer of Arvind Fashions, said, "The partnership with the Flipkart Group will help us accelerate our online growth strategy as we focus our efforts on developing an omni-channel retail approach for Arvind Youth Brands and Flying Machine. Given the strong existing relationship with the Flipkart Group, and their presence in online fashion, it was an obvious choice for us to enter into this engagement through which Flipkart and Myntra will be our preferred online partner for the Flying Machine brand, while we continue to grow our offline sales through channels like exclusive brand stores, department stores and multi-brand stores."

The transaction is subject to customary conditions precedent.

Metta Capital Advisors acted as the financial advisors to AFL for this transaction.

Vikram Pawah to head BMW Group India along

Mr. Vikram Pawah to head BMW Group India along with BMW Group Australia

 

 

Mr. Vikram Pawah has been appointed as the President of BMW Group India effective 1 August 2020 along with his present role as Chief Executive Officer of BMW Group Australia and New Zealand.

 

Mr. Pawah has been with the BMW Group since 2017 when he joined BMW Group India as the President. In 2018, he was appointed the Chief Executive Officer of BMW Group Australia and New Zealand where he has successfully steered BMW into a position of strength in the luxury car segment.

 

Mr. Hendrik von Kuenheim, Senior Vice President, Region Asia-Pacific, Eastern Europe, Middle East and Africa, BMW Group said, “Under the leadership of Mr. Vikram Pawah, BMW Group has successfully stood ground in a fiercely competitive environment and gained significant momentum in both Indian and Australian luxury car markets. As a priority market, India presents tremendous potential for future growth and development of the luxury automotive segment. Mr. Pawah brings excellent preconditions to navigate BMW Group India in a challenging business situation due the ongoing corona pandemic. We are confident that his strategic thinking, hands-on approach and ability to drive people will navigate the organisation in these turbulent times.”

In April 2020, the sudden demise of Mr. Rudratej Singh, President and Chief Executive Officer, created an unprecedented situation at BMW Group India. Since then, Mr. Arlindo Teixeira, Chief Financial Officer has been carrying out the role as acting President.

 

With BMW, MINI and Motorrad, the BMW Group has its sight set firmly on the premium sector of the Indian automobile market. The wide range of its activities include a manufacturing plant in Chennai, a parts warehouse in Mumbai, a training centre in Gurgaon NCR and dealer organisation across major metropolitan centres of the country. 

IndiGo repatriated over 650 Indian

 IndiGo repatriated over 650 Indian nationals from Middle-East on 4 charter flights

In its endeavour to support the nation and bring Indian citizens back to the country, IndiGo operated four special international charter flights on June 09, 2020 including three from Qatar and one from UAE, to bring back 546 citizens back to India. The IndiGo flight 6E 9076 transferred 210 passengers from Doha to Mumbai, flight 6E 9431 transported 168 passengers from Doha to Mumbai, flight 6E 9438 transferred 168 passengers from Doha to Kolkata and flight 6E 9245 carried 120 passengers from Dubai to Lucknow. The charter flights were operated while observing all precautionary measures and safety guidelines.

Mr. Ronojoy Dutta, Chief Executive Officer, IndiGo said, “We are pleased to contribute towards the collective repatriation efforts being made to bring stranded Indian citizens back to the country. We extend our gratitude towards the government for allowing IndiGo to operate these international repatriation flights, enabling a safe arrival of Indian citizens. We strive to continue towards contributing to serve the country and evolving our services as per the needs of the hour”. 

Mahindra Lifespaces appoints Arvind Subramanian as

Mahindra Lifespaces appoints Arvind Subramanian as Managing Director and CEO

The Board of Mahindra Lifespace Developers Ltd. in its meeting on May 14, 2020 approved the appointment of Mr Arvind Subramanian as Managing Director & Chief Executive Officer of the company with effect from July 1, 2020.  He will succeed Ms. Sangeeta Prasad who, after a distinguished career of over eleven years with the Mahindra Group, has decided to pursue other interests and had tendered her resignation to the Board of the company on February 7, 2020. At the request of the Board she graciously agreed to stay on till June 30, 2020 to ensure a smooth transition of leadership at the company.

Commenting on his appointment, Mr Arun Nanda, Chairman, Mahindra Lifespaces Developers Ltd. said, “Mahindra Lifespaces is poised for strong growth in a rapidly consolidating market.  At Happinest, Arvind has demonstrated his ability to imagine and engineer a new future for the sector, for the company and for our customers. I am confident that he will bring the same pioneering spirit to build on the strengths that Mahindra Lifespaces possesses.”

Arvind joined the company as Chief Executive Officer of Mahindra Happinest, the affordable housing business, in September 2018. Under his leadership, Happinest has established itself as an innovator and an emerging leader in the affordable housing market segment in India.  He led successful new sales launches and ahead-of-time project completions.  Arvind has been an advocate of the power of digital, and Mahindra Lifespaces has been a front-runner in embracing technology in sales, customer service, project management and property management.

Arvind has over 23 years of experience, starting his professional career with the Tata Administrative Service, the central management cadre of the Tata Group. He spent close to fifteen years with the Boston Consulting Group (BCG) where he was a Partner & Managing Director. At BCG, Arvind was the global topic leader for the ‘Next Billion Consumers’, picked by the Financial Times as one of ‘The Fifty Ideas That Shaped Business Today’. He was also tasked with setting up and leading BCG’s Centre for Customer Insight.

Prior to joining the Mahindra Group, Arvind was Regional CEO at a leading real estate developer. He holds an MBA from the Indian Institute of Management, Ahmedabad and a B.Tech. from the Indian Institute of Technology, Madras.

BasicFirst appoints Vineet Mehrotra as the Chief Executive Officer

BasicFirst appoints Vineet Mehrotra as the Chief Executive Officer to strengthen its position in the edu-tech space

BasicFirst Learning OPC Pvt. Ltd. today announced the appointment of industry stalwart, Mr Vineet Mehrotra to take over the position of Chief Executive Officer.

Vineet Mehrotra comes aboard with a strategic vision and a notable background in management spanning across industry verticals such as profitability, sales, marketing, logistics, service, finance and HR globally. He comes with wealth of experience from reputed companies including Landmark Retail, Axiom Telecom & MHAO Group in the Middle East as well as Tata (Eureka Forbes Limited), Mahindra, Escorts & multinationals like Orga Kartensysteme in India. He brings with him a multi country exposure from Gulf regions besides India, viz UAE, Saudi Arabia where he has worked for 13 years. 

On the appointment, Mr Randhir Kumar, Founder and Chief Mentor, BasicFirst Learning OPC Pvt. Ltd. said “Mr. Mehrotra comes with a dynamic experience across sectors. His strategic vision and exceptional ability to manage business operations would be very valuable to BasicFirst as we chart out our plans to strengthen and expand our position in the market. I’m confident that his relentless zeal and former experience would be a crucial growth catalyst for the company.”

“I am delighted at the opportunity to lead BasicFirst and cement its position in the industry,” Mr. Mehrotra said of his appointment as the CEO of BasicFirst Learning OPC Pvt. Ltd. “The company has competitive assets and great people. It has proven to expand with rapid impetus right after its initiation. I am looking forward to leading the team towards exceptional heights.” he added.

Vineet Mehrotra has held various senior level positions in the capacity of Chief Executive Officer (currently serving), Vice President - Alpha Nexa Nutritionals, Group Regional Director (Middle East)- Axiom Telecom among many others. His exemplary work over the years has earned him various accolades including the recognition by DISTREE Middle East for his “Long Term Support and Contribution to the Development of ICT & CE Retail Channel and Industry in the entire Middle East” and “Best Operations Head” of the Nation, in Idea Cellular.

Rudratej Singh, President and Chief Executive Officer, BMW Group India

BMW Group India, with profound sorrow, announces the demise of Mr. Rudratej Singh (46), President and Chief Executive Officer on 20 April 2020. The cause behind the sudden and unexpected demise is yet to be ascertained. Our prayers are with his family and loved ones during this difficult period. He will always be remembered as an inspiring and compassionate human being.

 

Mr. Rudratej Singh joined BMW Group India on 1 August 2019. His transformational vision and strategic orientation played a crucial role in navigation of BMW Group India in a challenging business environment. His demise comes at a crucial junction when BMW Group India was in the midst of implementing strategic measures for strengthening the dealer network across India.

 

Mr. Arlindo Teixeira, Chief Financial Officer, BMW Group India has been appointed as the President (act.) in the interim.

  

IndiGo to resume flight operations from

IndiGo to resume flight operations from May 04 in a phased manner

In its endeavor to reconnect critical air corridors post the lockdown, IndiGo, India’s leading airline, will resume flight operations from May 04, 2020. Initially starting with a slightly curtailed capacity, the airline will increase the operating capacity over the subsequent months, also re-opening selected international flights, depending on the existing international travel guidelines.

Ronojoy Dutta, Chief Executive Officer, IndiGo said, “Complementing the government’s efforts against Covid-19, we will restart flight operations on vital corridors of air traffic from May 04, 2020. We will begin operations for domestic only and then gradually ramp it up further, to commence operations on some international routes as well. Our singular focus will be on ensuring the health of our customers and our employees. We are working closely with the government and the airports to take our aircraft and our airports to a significantly higher level of cleanliness while ensuring social distancing. The airline industry has always done a tremendous job in ensuring the safety of its customers and I am confident we will rise to this latest challenge as well”.

For customers who are affected by the cancellations until 3^rd May’20, the booking amount will be protected in the form of a credit shell under their PNR number, which can be used to make bookings for the same customer(s) on our website or mobile app valid for 1 year from the date of issuance. For any queries, customers can connect with us via live chat at https://bit.ly/2x5T6nv.