JLL Facilitates Sale of Prime 8 Acre Prime Land in Pune to Singapore Based Mapletree

The transaction marks the entry of Mapletree into Pune office market. With an estimated project cost of INR 1,000 crores, it plans to develop over a million sq ft of world class office space

JLL India, the country’s largest real estate consultancy and professional services firm, has facilitated the entry of Mapletree, a Singapore-based real estate developer, in Pune through a mega land deal in the city. Mapletree has acquired a prime 8 acre land parcel for INR 170 crore from Ajanta Enterprise, an SPV held 50% by Vascon Engineers Ltd, a real estate construction company.

The new owner, Mapletree plans to develop over a million sq ft of world class office space with an estimated project cost of INR 1,000 crores. As at 31 March 2019, globally, Mapletree owns and manages S$55.7 billion of office, retail, logistics, industrial, residential and lodging properties, this is Mapletree’s first land deal for development outside of Bengaluru.

JLL’s mandate to sell the land parcel included offering end-to-end consulting services as well as managing the entire transaction for both the parties. The capital markets team at JLL facilitated the transaction.

Commenting on the development, Sanjay Bajaj - Managing Director, Pune & Oversight – West India, Land & Industrial at JLL said, “Our work on the transaction is an evidence of our active role in shaping the city’s real estate landscape. The transaction also proves that we are the best in the business when it comes to managing multiple mandates from our clients across asset classes.”

“The deal in particular is important for Pune’s real estate market, as it offers the region to develop and grow its commercial footprint at the national level. In the past, we have facilitated developers like Kalpataru, Lodha Developers, K Raheja Corp, Prestige, Godrej Properties, Puravankara and many more for their land deals in Pune.”

Located close to Pune Airport, the sale of the land in Kharadi will prove to be a big boost to the micro market and to the city’s real estate. Kharadi is now the go-to location for IT/ITeS occupiers in East Pune in addition to other marquee occupiers from core industry segments. Over the last few years, it has become the hub for numerous BFSI occupiers who have acquired space and have up their presence here. Kharadi has a well-established support infrastructure, including numerous residential options across various price points, along with world-class healthcare, hospitality and retail infrastructure within close vicinity.

In addition to a planned grid-like road development connecting the micro-market seamlessly, there are other infrastructure initiatives which will extend the access and connectivity to this location.

Along with Hyderabad and Bengaluru, Pune has emerged as the favoured city among the IT/ITES companies. The city, according to JLL, has witnessed over 6 million sq ft of leasing activity in 2019.

Detel Unveils New Range of Trolley Speakers to Make you Party-Ready this New Year

Detel the world’s most economical feature phone, accessories, and TV brand announced two new additions to its Speakers range - Thump and Thunder Trolley Speakers. Priced at Rs 10,999/- & Rs 12,999/-respectively, the trolley speakers can be purchased through Detel’s website, Mobile app and e-commerce platforms- Flipkart & Paytm mall.

Thump and Thunder are equipped with 70 RMS and 100 RMS output power with an impedance of 6Ω and 6.2Ω respectively.  The two speakers are backed by 12V/4500mAh and 12V/7000 mAh battery each with a frequency of 40Hz~20KHz. Both the trolley speakers have FM Frequency  87.50 - 108.00 Mhz and input 100-240V 50/60Hz, besides signal noise of 80db and Isolation Sensitivity of 45db each.

The New Year season brings on parties and gatherings galore. This is the time when some people prefer taking a break from their hectic schedules and go out to explore new places while there are some people who like to stay in and spend quality time. The two trolley speakers are designed to suit these varied situations. The two speakers are perfect for large gatherings of people to give the party goers the freedom to take their party anywhere they go. These speakers are the perfect gift for your near & dear ones. As a New year offer, Detel is providing a 10% discount to its customers on the purchase of trolley speakers from 28th December till 5th January.

Speaking on the launch Mr. Yogesh Bhatia the founder and MD of Detel says “We are excited to our all-new range of Trolley Speakers which are radiantly designed and developed exclusively for Millennial customers. The trolley speakers are made portable with a handle and castor Wheels which makes them easy to carry around and make for a perfect music accessory for Backyard parties, Weddings or even while Traveling.”

Consumers can also use these portable speakers for their karaoke sessions as these speakers comes with a wireless microphone. Detel Thunder also supports TWS function that enables bluetooth to connect with two speakers simultaneously, which is an outstanding feature for outdoor entertainment.

House of Paragon Launches Designed in London - Lifestyle Label EEKEN for Trendy Millennials

Paragon Footwear, the pioneer Indian footwear company launched its athleisure and lifestyle brand EEKEN, for the young, fun and active Gen Z audience. Brand EEKEN is created with the intention of injecting moments of unadulterated cool into the daily lives, routines and fashion of young and energetic consumer by offering a range of lifestyle sneakers that are accessible, durable and attuned to ‘weekend life’. The name ‘EEKEN’ comes, quite literally, from the middle of the ‘weekend’. EEKEN range will focus on shoes (Lifestyle, Canvas and Athleisure); Sandals & Flip-flop segments which are designed in London UK and made in India.

The EEKEN range will have over 80 unique shoe designs in the first phase. Over the next quarter, the consumers will have the option of picking from open footwear including flip-flops and sandals. The price range of the segment is from Rs. 999/- to Rs. 2999/-.

Out of the overall market for open and closed footwear, nearly 60% of the market is unorganised and 40% of the market is organised. Having said that the market is moving towards organised segment. In next 3 years the company plans to target INR 500 Crores from the brand.

The men’s footwear category makes up approximately 60% of the market and is growing at a CAGR of 10% while women’s footwear accounts for 30% and is expected to grow at a CAGR of 20% & Kids contribute to 10% of the market and growing at a CAGR of 12% to 15%.

The footwear category is seeing a lot of action with various global brands entering the market and Indian brands making a big play with new designs. The price point in the category has certainly moved up in a big way for casual shoes. While men’s footwear category always had brands, the women’s category has no major national footwear brand and hence there is a huge untapped market potential.

Commenting on the launch, Mr Sachin Joseph, EVP Marketing, EEKEN & Information Technology, Paragon Footwear, said, “India is the fastest growing market for athleisure and sportswear. We are thrilled to bring our top of the line offering to our loyal consumer who are young, ambitious and always on the move. The EEKEN range will please discerning audience across age groups. Paragon is renowned for quality, durability and value for money amongst its consumer. With EEKEN we will push the envelope for design and style in athleisure and lifestyle segment. EEKEN products will be designed in London and to suit the taste of fashion-conscious men and women.”

“Youngsters today are opting for sporty looks and this trend is driving the growth of athleisure market. EEKEN will operate in the mid-priced segment but in the affordable lifestyle segment. We are coming up with 80 designs to suit the aspirations and need of 18-25 years age group across middle class income household. Our offering is designed to please,” said Mr Joseph Zachariah- Director Sales & Marketing, Paragon Footwear at the conference.

During the first phase of EEKEN launch, the company will enter markets like Mumbai, Pune, Nagpur, Nasik, Ahmedabad, Hyderabad & Bangalore and the second phase expansion will cover other metros and cosmopolitan cities throughout the country. Paragon Footwear’s key strength is its widely spread dealer and distributor network. The company boasts of brand presence through 2.5 Lakh retailers nationwide.  

Fullerton India Treated Over 68,000 Cattle in its 4th edition of Pashu Vikas Day

With a large percentage of the population dependant on livestock for their livelihood, one of India’s leading NBFCs - Fullerton India’s Pashu Vikas Day 2019 helped create on ground cattle awareness and medical support to the rural community. This edition of Pashu Vikas Day witnessed simultaneous cattle camps being held at over 350 locations, covering 500 villages and 14 states where 68,000 cattle were treated that benefitted more than 21,000 owners

Over the four years of Pashu Vikas Day, nearly 2,00,000 cattle and more than 50,000 cattle owners have benefitted from this project.

Highlighting the organisation’s unique initiative, Ms. Rajashree Nambiar, Chief Executive Officer and Managing Director, Fullerton India, said, “As a business we serve the financial needs of the underserved and realise the concerns faced by them. Therefore, a large part of our development programmes focus on livelihood advancement among rural communities - to enhance their quality of life and boost their income streams. Livestock is important for the people living in the hinterland, and Pashu Vikas Day was launched with an aim to achieve sustainable development through better awareness and care.”

Commenting on Pashu Vikas Day, Ms. Shilpa Desai, General Manager, Head – Marketing & Cross Sell, Fullerton India, said, “We launched this programme in 2014, and it continues to receive a heart-warming participation. The Pashu Vikas Day is a single day cattle care camp organised across various pan – India locations, wherein our employees connect with the rural community to make this a success. All our efforts and the response we have been receiving from locals, makes it a one of its kind initiative that has helped us to further connect and support the community.”

Fullerton India’s Pashu Vikas Day, a pan-India programme saw participation from local veterinary doctors, who educated the cattle owners on productivity enhancement, better market linkages and other aspects of efficient cattle care, along with free check –up, medicines and vaccinations.

Pashu Vikas Day was launched on November 22, 2014, and subsequently held in 2015 and 2018. Fullerton India was featured in the 2015 Limca Book of Records as the largest single day cattle care camp organised across India, and in 2018 as the World’s Largest Single Day Cattle Care Camp by Best of India Records.

Orion Avenue in Bangalore Celebrates Christmas in style

Spreading cheer and joy to all visitors, the celebrations at Orion Avenue ticked all the boxes of the quintessential Christmas experience and then some. The festive aura represented a shared feeling of joy amongst those present at the mall. The spectacular Christmas tree, ornate decorations, a cheerful Santa, the rolling elf, candy clowns embellished the overall atmosphere. The festive flair was further complemented by an energetic live band, tall toy soldiers, mimes and dancing mascots. After starting off on December 14, the Christmas celebrations at Orion Avenue ended with a remarkable run on December 31.

“Owing to our emphasis on variety and flair, we think this Christmas season will hold a special meaning to our customers. It was indeed a great feeling to see families take part in the festivities and enjoy themselves. You could very much sense an infectious atmosphere of joy and vigour. Everyone, from little kids to seniors, was hooked on the Christmas spirit that we created for them. I think this whole affair has once again evidenced our expertise in providing distinctly memorable events to our patrons,” says Vijay Kumar Bhatia, Sr. GM – Orion Malls.

vivo Brings Forth a Fulfilling Smartphone Experience: Launches Y11 with Massive Battery

Key Pointers

* Available at INR 8,990 across all offline stores and online channels
* Powered with AI Dual Rear Camera to capture the perfect shot

vivo, the global innovative smartphone brand, today introduced another addition to its Y-series portfolio – the all new vivo Y11. The device features a high-capacity 5000mAh battery, AI Dual Rear Camera setup (13MP + 2 MP) for clicking flawless pictures and a 16.15cm (6.35) Halo FullView™ Display to offer an immersive and enjoyable viewing experience. Priced at INR 8,990, the vivo Y11 will be available in Mineral Blue and Agate Red color variants. The device is available across all offline channels and vivo India E-Store starting today. The device is also available for sale across leading e-commerce platforms – Amazon.in, Paytm Mall, Tata Cliq and Bajaj EMI E-Store starting tomorrow (December 25th 2019). For customers looking to buy the smartphone from Flipkart, the device will be available starting December 28th 2019.

Like all devices, the Y11 follows vivo’s commitment to ‘Make in India’ and is being manufactured at vivo’s Greater Noida facility.

Consumers will also get an array of attractive offers* on the purchase of the vivo Y11 on offline as well as online channels, such as–

Offline

*  5% Cashback with HDFC Bank Credit/Debit Card EMI transaction & HDFC CD loans till 31st Dec'19
* 5% Cashback with ICICI Bank Credit/Debit Card EMI transaction till 31st Dec'19
* 5% Cashback on Axis Bank with Credit/Debit Card EMI transaction till 31st Dec'19
* EMI schemes from finance partners IDFC First Bank, HDB, Home Credit

Note: On all available EMI schemes by finance/bank partner interest to be borne by customers as no cost EMI is not available on Y11

Online
*  No cost EMI up to 6 months

*terms and conditions apply

Power that lasts

The device is powered by an industry leading, high-capacity 5000mAh battery which is further complemented by vivo’s smart power management system providing long-lasting battery for uninterrupted performance. Now, work and play at your own will.

Trendsetting design that offers an enhanced experience

Y11 features a 16.15cm (6.35) HD+ Halo FullView™ Display with a 19.3:9 aspect ratio. The device provides super narrow bezels on all sides to help familiarize you with a flagship level immersive viewing experience. Moreover, with a screen-to-body ratio of 89%, users can embrace a perfect and boundless horizon.

Not only that, the chromatic magical color fusion inspired by the interaction of gemstones, and crafted to perfection provides two beautiful gradient color options for the Y11 – Mineral Blue and Agate Red.

Capture the perfect shot

Y11 is packed with a dual rear camera setup of a 13MP main camera and a 2MP depth camera. From magnificent landscapes to beautiful portraits, you can capture your most impressive shots effortlessly. A sharp, 8MP front-camera featuring vivo’s new AI Face Beauty is built to enhance your facial features with exclusively customized solutions.

Powerful performance

Y11 runs on a 12nm octa-core processor with clock speeds of up to 1.95GHz boasting a 3GB RAM and 32GB storage space. Running on Snapdragon 439 mobile platform, the device supports speedy downloads and uploads, stunning graphics and photos, and power-saving performance. vivo’s Funtouch OS 9, a customized operating system based on Android 9, is also set to guarantee speed. To top it all, the Y11 comes equipped with a fingerprint sensor that unlocks your phone swiftly guaranteeing a smooth and safe experience.

Quick Heal Technologies Appoints Reetu Raina as Chief Human Resources Officer

Quick Heal Technologies Limited, the pioneering cybersecurity products and solutions company, with presence in B2B, B2C and B2G segments, has appointed Ms. Reetu Raina as its Chief Human Resource Officer (CHRO). Ms. Raina will be responsible for driving Quick Heal’s HR function and steer the company’s people operations, culture and recruitment initiatives.

The appointment of Ms. Reetu Raina as the CHRO comes as a welcome thrust to Quick Heal’s ongoing push to connect its strategic HR initiatives with its business objectives by bringing on board a proven HR leader with an illustrious track record. With growing business footprint and product portfolio, the addition of Ms. Raina to its leadership team will enable Quick Heal Technologies to align its HR policies to sustain and amplify its growth trajectory.

Speaking on her appointment, Dr. Kailash Katkar, Managing Director & Chief Executive Officer – Quick Heal Technologies Limited, said, “At Quick Heal Technologies, we want our internal work processes and organisational policies to be aligned with the innovation that we are driving in the cybersecurity space. Bringing a transformational HR leader such as Ms. Reetu Raina on board is perfectly aligned with this vision. We are confident that, with her extensive expertise in driving people-centric digital transformation in organisations, she will assist Quick Heal Technologies to unlock the unparalleled potential that the man-machine synergy is enabling.”

Ms. Reetu Raina, Chief Human Resources Officer, Quick Heal Technologies Limited, said, “I am thrilled to be joining Quick Heal Technologies and its passionate, talented team of cybersecurity experts that is committed to protect the cyberspace from existing and emerging threats. I believe in the organisation’s mission of securing digital futures of citizens, enterprises, and governments around the globe and I am looking forward to contributing to it by leading its people strategy. Together, I believe we can further augment on the culture of excellence and innovation that Quick Heal is renowned for.”

Ms. Raina holds extensive industry experience and has worked across sectors such as Telecom, BFSI, and IT before joining Quick Heal Technologies. In her career to date, Ms. Raina has held leadership roles with domain-leading brands such as TATA, HDFC Bank, and Amdocs. She was the Head of HR for Network Software at Sterlite Technologies and had previously led the talent management function at Amdocs – and was recognised in both these roles for leading the HR transformation and creating future-ready structures.

About Quick Heal Technologies Limited:-

Quick Heal Technologies Limited is one of the leading providers of IT Security and Data Protection Solutions with a strong footprint in India and an evolving global presence. Incorporated in the year 1995, with a registered office in Pune, it is an all-round player in cybersecurity with presence in B2B, B2G and B2C segments across multiple product categories – endpoints, network, data and mobility.

With its state-of-the-art R&D centre and deep intelligence on the threat landscape, Quick Heal helps in simplifying security by delivering the best in class protection against advanced cyber-threats. Its portfolio includes solutions under the widely recognized brand names ‘Quick Heal’ and ‘Seqrite’ across various operating systems and devices.