ALLAHABAD BANK records Total Business of Rs. 3,77,778 crores

v  Total Business of Allahabad Bank as on 30.06.2019 stood at Rs. 3,77,778 crore as against Rs. 3,65,137 crore as on 30.06.2018

v  Bank has made a Profit of Rs 128 crore in Q-1 of FY 2019-20.

v  Share of CASA in total deposit improved to 47.85 % in June 2019  as against 45.68% at the end of June 2018, one of the highest in the industry

v  Retail Credit grew by more than 13.07% YoY basis

v   Cost of Deposit improved to 5.07% in  Q-1 of FY 2019-20  from 5.12% in  Q-1 of FY 2018-19 

v  Provision Coverage Ratio (PCR) significantly improved to 78.58% at the end of June 2019 as against 67.81% at the end of June 2018   

v  Gross NPA (GNPA)  reduced to 17.43% as on June 2019 .

v  Net Interest Margin (NIM) improved to  2.85% as on June 2019 from 2.58% as on March 2019

Max Fashion launches on Amazon Fashion India

 

    

 Max Fashion, India’s most loved value fashion brand for men, women and kids, is now available at Amazon Fashion India, starting 1st August 2019. For the first time in India, customers can find and shop Max Fashion apparel and merchandise on Amazon. Amazon Fashion continues to delight customers across the country by bringing the widest and most loved fashion selections from emerging labels, as well as popular brands. And now added to that elite roster is Max Fashion - a brand known for not just affordable fashion, but also for its global styling and trends. The Max store on Amazon Fashion will launch with the latest selection of seasonal fashion and trends from their Autumn ‘19 collection.

Max Fashion has focused foremost on delivering “fast fashion” at value prices to consumers. It is the only brand that operates on an eight-season calendar, which is almost a quick 45 days per season. The swift stock turnover from the brand ensures that the audiences are delighted with a completely new range, in around just six weeks. The dedicated store front on Amazon Fashion will also reflect the ethos and vibrance that the ‘Max’ brand will bring forward, beginning with their Autumn ’19 collection, informed Mr. Mayank Shivam, Director – Category Management, Amazon Fashion India.   

Satisfactory Performance by Goodricke Group Limited

 Goodricke Group Limited announced its 43rd Annual General Meeting at the EZCC, Salt Lake Kolkata and reported a gross revenue of Rs. 7487.88 million for this year, vis-a-visRs. 7305.74 million of previous year. 

  Commenting on the Group’s performance at the AGM, P. J. Field, Chairman, Goodricke Group Limited shared how the Company has performed satisfactorily despite unfavourable industry conditions. He expressed his concerns over the spiralling cost of production per kg of tea with recent hike in worker wages and other input costs without commensurate rise in selling price of tea in the market; as this may result in a crisis in the Indian Tea Industry.

He further highlighted the company’s results of the year ended 31 March 2019 and mentioned about the phenomenal growth where Net Profit was Rs. 94.94 million vis-a-visRs. 317.22 million of previous year in spite the increase in wages and not commensurate rise in sale prices. Moreover, the Company proposed a dividend of 40% to all the shareholders.

The meeting also saw Mr. Atul Asthana, Managing Director & CEO, Goodricke Group Limited, talking about how the year 2019 marked the acquisition of Harchurah Tea Estate in Assam. He further discussed on the Company’s Production, Modernisation and Mechanisation, Instant Tea and Packet Tea, Goodricke Tea Pot, Acquisition and Sustainability plans, etc.    

Meena Bazaar Classics

Lopamudra Mandal, former Miss Kolkata and current Mrs India IAB 2018 First Runner Up successfully curated a spectacular Rakhi edition of Meena Bazaar Classics, that fused fashion and entertainment under one roof on Tuesday, July 30th, at Hyatt Regency in Kolkata.

The motto of the exhibition was to indulge people in retail therapy and help them choose their 'comfort buys', and staying true to its theme, Meena Bazaar Classics turned into a fun filled shopping and eating extravaganza, in an otherwise mundane monsoon day of Kolkata.
Around 50 exhibitors from all over the country were featured in this exhibition, along with spa, makeup and nails art stations, tarot card reading, tattoo studio, dessert stalls, live food counter, hookah lounge, active bar and much more. Fashion and apparel designers from all over the country displayed their creations, setting up stalls of ethnic wear, jewellery and even handbags and purses. The special Rakhi edition of this much-awaited exhibition also saw counters selling Rakhis and handmade cards for the upcoming occasion!

  Meena Bazaar Classics had its heart in the right place as it featured stalls of NGOs in this Fall edition of the much celebrated fashion and lifestyle exhibition.

Srijoy Mitra’s journey from being a Musician to Novelist

Srijoy Mitra’s journey from being a Musician to Novelist

A talented musician from Winston Salem, Srijoy Mitra is now focusing on establishing himself as a prolific novelist. This 21st July, the young writer marked his debut endeavor at one of city’s posh boutique hotel where the author himself indulged in a discussion with the Literoma panel about his newly launched book “Golden Wings”.

  The hour-long discussion brought out many hidden secrets about Srijoy and his daring lifestyle, childhood, passion for music and supportive family.

 A house full of dignitaries across the world marked the success of the event.

 On a concluding note, Srijoy announced the next volume of his Golden trilogy.

Mahanayak Uttam Kumar Smarane

'Mahanayak Uttam Kumar Smarane' was held on 27 July at Ajitesh Mancha, Kolkata. 

'Mahanayak Uttamkumar Shraddhanjali Committee' presented a splendid cultural program and awards ceremony, supported by 'Imperial Entertainment'.  Media Partner was 'Hello Kolkata'  
Chief Guest Ms. Madhabi Mukherjee (legendary actress), political stalwarts, celebs of entertainment & culture sector and eminent socialites had graced the occasion.

 song, recitation, sruti-natak, etc. 

'Mahanayak Uttam Kumar Smarane'

'Mahanayak Uttam Kumar Smarane' was held on 27 July at Ajitesh Mancha, Kolkata. 

'Mahanayak Uttamkumar Shraddhanjali Committee' presented a splendid cultural program and awards ceremony, supported by 'Imperial Entertainment'.  Media Partner was 'Hello Kolkata'  
Chief Guest Ms. Madhabi Mukherjee (legendary actress), political stalwarts, celebs of entertainment & culture sector and eminent socialites had graced the occasion.

 song, recitation, sruti-natak, etc. 

Premiere of 'Kalchokro'

The starry Sunday eve of 28th July at Birla Planetarium witnessed the premiere of 'Kalchokro'- a unique short film produced by Boby Mondal (Innomania Motion Pictures), based on a riveting tale of 'predestination paradox' by debutante Jayashree Khara. 

      Esteemed Guests of Honour for the eve included veteran actors Anamika Saha & Barun Chakraborty. Special guests included popular actor Palash Ganguly. 

      Mementos of appreciation were handed over to the cast & crew of the film 'Kalchokro' and also other ardent well-wishers of 'Innomania Motion Pictures'. 

   For her continued support to new talents, Boby Mondal, Producer of IMP, was felicitated by Asish Basak, Editor-Director, 'Hello Kolkata'.

Youthon+

Youthon+ is 'Youth Marathon' – Run for “My Right to Education 4 Opportunity”, organized by SPAN (Society for Peoples’ Awareness). SPAN is going to host YouThon+ in Doars, Jalpaiguri District with 200 vulnerable youth participants of the tea gardens area on August 4, 2019.

     Youthun+ is curated, hosted & powered by Tanveer Khan, eminent Development Sector Professional & PR Expert (Advisory) and Curator of 'The Dot Talks'.

  The Associate Partner of Youthun+ is National Academy of Media & Events.

  Annie Jain (Annie Creations), as Pre-Event Partner of YouThon+ 2019, had organised a fabulous meet on July 25 eve at Levels the Club, Salt Lake Sec V(Venue Partner).

  'Hello Kolkata' (3D News, Events & Films) is Pre-Event Media Partner.

    Special Guests for the eve included eminent socialites and popular faces from various sectors of the society. They included Bikash Kedia, Rapax, Payal Varma, Kashif Khan, Ayanjit Chattopadhyay, Anahad Tibrewal, Soumie Dutta, Prabir Basu, Swaraj Bhowmik, Alka Kedwal, Subramaniyam and others.

  Youngsters Sukanya Roy & Devsmita Datta did the media coordination while Asish Basak was the host for the evening. 

UTTAR KUMAR KALARATNA PUROSKAR

Ultra-New BMW X7 in India 

The first-ever BMW X7 was launched in India. The much-anticipated flagship Sports Activity Vehicle (SAV) of BMW was unveiled at an exclusive pavilion specially created for the launch in India.

  Locally-produced at BMW Group Plant Chennai, The first-ever BMW X7 is available in a distinctive design scheme – Design Pure Excellence ‘DPE’. The Design Pure Excellence package sets brilliant accents. Chrome high-gloss elements in the exterior and other interior finishes underline the contemporary, luxurious and aesthetic character with unique craftsmanship.

The first-ever BMW X7 is available in BMW X7 xDrive30d Design Pure Excellence Signature variant (diesel) which is locally produced. The BMW X7 xDrive40i (petrol) is available as a completely built-up unit (CBU), informed  Dr. Hans-Christian Baertels, President (act.), BMW Group India. 

A Tribute to Kamal Das Gupta by Shusmita Anis

Gramophone Co. of India had released the set of 10 Bengali Modern Songs captioned “A tribute to Kamal Das Gupta” under RAGA Music Label in 1998. All the songs were tuned by Kamal Das Gupta and lyricist Pranab Roy. This album has been remixed and remastered with original vocalistShusmita Anis, iconic singer of Bangladesh.

  The launch of that new album was on 26th July at ITC Sonar, Kolkata. The songs will be digitally available on the birthday of both Kamal Das Gupta and Feroza Begum, on July 28.

    Shusmita Anis presents a set of songs that was directed by Feroza Begum. The songs have been remixed and remastered to be digitally available across all audio platforms and in Shusmita Anis YouTube channel.

    Kamal Das Gupta, the legendary composer and music director, was directed almost 8000 songs in the 1940’s to 50’s that captivated millions of listeners of the subcontinent in the Past decade.

    Feroza Begum directed the entire album that was originally released from RAGA MUSIC from India in 1998. Between “Peeu Peeu Gaye Papiya” to “Amar Chayati Dekhechi” there are eight other vintage melody numbers – A collector’s item indeed.

   Shusmita Anis said, “A number of songs my Pishi wanted me to sing – that was never released earlier by any artist. I am truly grateful to Almighty to have this unique opportunity to have been able to sing these songs. Now I am releasing digitally on their birthday, July 28”.             

A Tour Back in Time -- Tribute to Kamal Das Gupta

Gramophone Co. of India had released the set of 10 Bengali Modern Songs captioned “A tribute to Kamal Das Gupta” under RAGA Music Label in 1998. All the songs were tuned by Kamal Das Gupta and lyricist Pranab Roy. This album has been remixed and remastered with original vocalist Shusmita Anis, iconic singer of Bangladesh. 

  The launch of the album was on 26th July at Kolkata. The songs will be digitally available on the birthday of both Kamal Das Gupta and Feroza Begum, on July 28. 

    Shusmita Anis presents a set of songs that was directed by Feroza Begum. The songs have been remixed and remastered to be digitally available across all audio platforms and in Shusmita Anis YouTube channel.

    Kamal Das Gupta, the legendary composer and music director, was directed almost 8000 songs in the 1940’s to 50’s that captivated millions of listeners of the subcontinent in the Past decade. 

    Feroza Begum directed the entire album that was originally released from RAGA MUSIC from India in 1998. Between “Peeu Peeu Gaye Papiya” to “Amar Chayati Dekhechi” there are eight other vintage melody numbers – A collector’s item indeed. 

   Shusmita Anis said, “A number of songs my Pishi wanted me to sing – that was never released earlier by any artist. I am truly grateful to Almighty to have this unique opportunity to have been able to sing these songs. Now I am releasing digitally on their birthday, July 28”.