MovieTime Cinemas announces a Strategic Investment of Rupees 125 crores to build 50 New Screens in 2018

 Continuing its Slew of Expansion, it focuses on Tier II and III Cities across India

 NewsPatrolling.com / Glamourtreat.com: MovieTime Cinemas- one of the largest and burgeoning cinema chains of the country today, announced a strategic investment of Rupees 125 Cr to build over 50 new screens across cities and towns, in the country. With an objective to revamp the standards of entertainment and making it more responsive and accessible to all, the organization has been delivering best of the movie going experience.

These 50 new screens well equipped with technology and innovation, will offer a customised theatre geometry and powerful digital sound system to create a unique environment that allows audiences to enjoy the movies as never before. Alongside, international formats will bring cutting- edge projection system which delivers crystal clear images to provide a great cinematic experience that is truly something to sit back and admire.

 “We are proud to announce an investment of Rs.125 Cr to build over 50 new screens in India” said Mr. Ankit Kapoor, Head of Business Development and Operations, MovieTime Cinemas. Our desire to reach semi- urban parts of the country as well will be successful with this initiative. Since inception, our prime focus is to deliver high quality familiarity with affordability and innovation. We challenge ourselves everyday to ensure that we deliver the most immersive experience to movie buffs.

These new screens will provide the best-in-class, seamless and sophisticated movie- viewing experience with a pure blend of luxury and technology, a delight to movie enthusiasts and will showcase large, wall-to-wall and floor-to-ceiling screens, with international formats like with its ultra-plush luxurious auditoriums to present a high-end movie experience.

Currently, we are prominently present in major regions including Hyderabad, Punjab, Uttar Pradesh, Himachal Pradesh, Haryana and Uttarakhand. The current investment will help MovieTime to spread more effectively across the country including Eastern and Southern part of India as well”.

Midcap index snapped five days gains, expect weakness to continue

newspatrolling.com :

“Monday’s tail end sell off was followed by a gap up opening mainly on the back of strong favorable cues from the HANG SENG (Hong Kong) index. However, the entire lead got sold into in first 10 minutes of trade. In fact, the selling pressure aggravated to breach previous day’s low as well. However, a smart recovery in the penultimate hour pushed the index higher to conclude with negligible gains.

 

With reference to earlier article, the index precisely started correcting after testing mentioned resistance of 10490 in the opening trades. Once again, the banking pack turned out to be the weakest link as we saw heavyweight banking stocks dragging the index during the major part of the day. However, this was followed by a smart recovery from a kissing distance of 10400; courtesy to decent bounce back in BANKNIFTY from its key support zone.

 

Going ahead, we continue to see 10490 – 10520 as a sturdy wall and despite 10400 holding as a strong support, we expect the index to slide below it to test 10380 – 10340 in days to come. This time, the profit booking is seen in the broader market as well. Since last couple of weeks, we have been warranting some caution in NSE Midcap index as we were observing some contradictory cautionary signs. Today, we saw midcap index correcting to nearly a percent to snap last five sessions’ gains. This is what we have been anticipating and considering today’s close, we expect this weakness to extend in the midcap basket as well. Hence, traders are repeatedly advised to be selective and avoid taking undue risk in the market as the volatility may continue to scale up.” 

 

Flipkart Fashion Launches Flipkart Footwear Club – a first of its kind

Newspatrolling.com media partenered with Niryas.com :  The leading one stop fashion destination for the digital native, Flipkart Fashion has now launched the exclusive Flipkart Footwear Club – home to the largest range of exclusive branded footwear for men with the best prices! Over the last 6 months, Flipkart Fashion has been foraying into fortifying this share by striking partnerships with major international brands to house exclusive collections and brands. The Flipkart Footwear Club is a successful outcome of that. Now, your personalized footwear wardrobe is simply one click away!

The Flipkart Footwear Club is the perfect shopping destination for footwear enthusiasts with its wide range of styles for every occasion from classics, casual, performance shoes to flip flops. It also offers the widest selection in casual wear with sneakers, espadrilles, loafers and open shoes spread across 20+ exclusive brands such as Provogue, Peter England, Indigo Nation, Decathlon, Li-Ning, Stag, New Port and V Dot! It also features exclusive collections from athleisure and performance brands like Adidas, Reebok, Vans, Levis and Lee Cooper to name a few.

By working closely with all brands on prices and styling, Flipkart Fashion has been able to deliver better value to customers over the years. That endeavor is only further built by the Flipkart Footwear Club that ranges from Rs.499 to Rs.1, 799. The Club offers new launches of exclusive brands and collections every month along with the best prices and bank offers, making it irresistible. Additionally, it features rewards to buy more and further discounts on future purchases. Avail of free goodies from brands as well as third party offers and benefits.

Speaking on the launch, Mr. Rishi Vasudev, Vice President Flipkart Fashion added, “We are delighted to launch the Flipkart Footwear Club for the fashion forward man. At Flipkart, we constantly endeavor to offer the best to our patrons and the Flipkart Footwear Club is only a step in that direction. Flipkart Fashion is home to the largest range of exclusive branded footwear at affordable prices and we only see the Footwear Club proposition making us the ultimate destination for footwear in the digital realm!”

Wyndham Hotel Group Experiences Another Year of Growth in India

World’s largest hotel company deepens its commitment to the region with multiple new hotel openings and new signings

NewsPatrolling.com  – Wyndham Hotel Group, the hotel giant with an unmatched global presence of more than 8,100 hotels in 78 countries, has further expanded its footprint in India and neighbouring countries with the opening of eleven new hotels in 2017. In addition, Wyndham Hotel Group expanded its pipeline of new hotels in the region with 15 new signings. Two-thirds of the new hotel openings were in India, re-enforcing the Group’s presence in the country’s rapidly growing mid-market hospitality segment.

As part of the new signings, Wyndham Hotel Group also signed a non-exclusive development agreement with Ahmedabad- based Nebula Infraspace LLP, to develop at least 20 hotels with 1,600 rooms over a period of 10 years across India under the Hawthorn Suites by Wyndham® brand. Hawthorn Suites by Wyndham® is the Group’s benchmark extended-stay brand, offering guests a home away from home. Hawthorn Suites by Wyndham will be well-positioned to cater to the extended stay needs of travellers in India visiting pilgrimage circuits, leisure destinations and second home locations. The first Hawthorn Suites by Wyndham hotel will open in Dwarka.

This robust expansion in India is a part of Wyndham Hotel Group’s comprehensive plans to expand its footprint across the Eurasia region, which is comprised of 16 countries including India, Sri Lanka, Bangladesh, Nepal, Uzbekistan, Kazakhstan, Mauritius, Maldives, Pakistan and more. In fact, another milestone achievement last year was the opening of the company’s first Wyndham Garden hotel in the region, which is located in Astana, Kazakhstan. Wyndham Hotel Group now has 47 operational hotels in the Eurasia region, almost 75% of which are in India.

“India’s hospitality industry, especially the mid-market segment, is thriving from strong growth in domestic travel, an increase in foreign tourists, as well as a booming airline industry supported by government-led initiatives. Our goal is to ensure that wherever across India or the region that travellers want to go, they will find a Wyndham Hotel Group hotel to meet their needs and their budget,” said Deepika Arora, Wyndham Hotel Group’s Regional Vice President, Eurasia.  “Furthermore, our new and planned hotel openings signify our commitment to India’s thriving hospitality industry and our endeavour to offer travellers the most choices wherever their travels may lead them.”

Wyndham Hotel Group’s newest hotels in India include:

• Howard Johnson Kolkata (West Bengal): This 90-room hotel in Kolkata, the capital of West Bengal, is the second under the Howard Johnson brand in India. The first Howard Johnson hotel opened in Bengaluru in 2014. The third Howard Johnson hotel in India will open in Lonavala this year.
• Ramada Darjeeling Gandhi Road (West Bengal): Also in West Bengal, this 62-room hotel marks Wyndham Hotel Group’s entry into hill stations. This will shortly be followed by the opening of Ramada Kasauli this year.
• Ramada Dehradun Chakrata Road (Uttarakhand): Located at the foothills of the stunning Himalayas and sweeping Shivaliks, this 52-room hotel caters to business as well as leisure travellers with its intuitive service. The hotel offers 5 onsite restaurants, a spa and elegant banquet space.
• Ramada Jammu City Centre (Jammu and Kashmir): Considered one of the best business hotels in the city, the 88-room hotel provides comfortable accommodation and amenities to discerning travellers.
• Ramada Plaza Chennai (Tamil Nadu): Ramada Plaza Chennai is a hotel with 135 spacious and well-equipped rooms. With an excellent location in the heart of the business district, the hotel provides easy access to the international airport, the Chennai Trade Centre and the Information Technology Park.
• Days Suites Bengaluru Whitefield (Karnataka): Located in the city’s principal IT hub, the 90-room hotel is the fifth hotel under the Days brand in India.
• Ramada Ajmer (Rajasthan): Located in the spiritual city of Ajmer, the 71-room hotel is the latest addition to Wyndham Hotel Group portfolio in India.

As part of the company’s commitment to creating value for guests, Wyndham Hotel Group offers Wyndham Rewards® – named a best hotel rewards programme for the past three consecutive years by U.S. News and World Report and the most valuable hotel loyalty programme two years in a row by consulting firm IdeaWorks. This simple-to-use, revolutionary loyalty programme offers members a generous point earning structure along with a flat, free-night redemption rate – the first of its kind for a major hotel rewards programme. To learn more or to join for free,

Hindus urge Finland Govt. to require recording of gelatine source on food, which many times is beef

NewsPatrolling.com / Glamourtreat.com : Hindus are urging Finland Government and its Finnish Food Safety Authority Evira to mandate food manufacturers to mention the source of gelatine, if used in the product, on its “Ingredients” label.

 

When the source of gelatine is not listed and if it is beef, it is a serious non-disclosure affecting the Hindu devotees and would severely hurt their feelings when they would come to know that they were inadvertently consuming beef-laced popular food products, distinguished Hindu statesman Rajan Zed stresses.

 

Consumption of beef was highly conflicting to Hindu beliefs. Cow, the seat of many deities, was sacred and had long been venerated in Hinduism; Zed, who is President of Universal Society of Hinduism, pointed out in a statement in Nevada (USA) today.

 

According to Tuulikki Lehto, Senior Officer at Evira: Legislation does not usually require the indication of the origin of gelatine on the labelling of foodstuffs.

 

It would be shocking for the Finnish Hindu community to learn that some of the popular food products, which they might had been unknowingly eating for years, might contain beef as part of the gelatine while beef was not explicitly mentioned under the ingredients listed on the boxes/packages to caution them, Rajan Zed indicated.

 

Zed further said that it was hard to comprehend that why companies, both Finnish and international, many times were not transparent enough to mention beef explicitly under the ingredients on the box/package when, being constituent of gelatine, it was part of the product inside; so that an ordinary consumer could make right and appropriate choices.

 

Rajan Zed urged Finland President Sauli Niinistö, Prime Minister Juha Sipilä, Minister of Agriculture and Forestry Jari Leppä, and Evira Director General Matti Aho to seriously and urgently look into this issue affecting Finnish-Hindus. Evira, whose activities “aim at ensuring food safety”, should not shy away from its responsibility to ensure the food safety of its Hindu citizens, Zed noted.

 

Dutch-British transnational consumer goods company Unilever, which “has been in business since the 1880s” and which claims to have “developed a clear and global approach to nutrition labeling”, in a response to Zed, stated: Gelatin “is used in some of our products to provide a lower fat, lower calorie product with a pleasing texture and consistency…We cannot guarantee if the gelatin is derived from beef or pork”.

 

Many products of Wrigley, said to be the largest manufacturer and marketer of chewing gum in the world, contain gelatin that is sourced from beef. Gelatin derived from beef is found in the many products of multinational Kellogg’s, which claims to be “world's leading cereal company”. 

 

Gelatine/gelatin is procured from various animal body parts and is usually used as a gelling agent in food. It can be from cows, pigs, fish, chicken, etc.; but there are animal-free and plant-based alternatives to gelatin like seaweed extracts. Gelatine is an ingredient in some cereals, ice creams, candies, yogurts, desserts, marshmallows, aspic, trifles, dips, fruit snacks, sour cream, margarine, frosting, confections, gums, Chinese soup dumplings, puddings, nondairy creamers, cakes, cream cheese, lozenges, etc. It is also used for clarification of vinegar, juices and wine.

 

Hinduism, oldest and third largest religion of the world, has about 1.1 billion adherents and moksh (liberation) is its ultimate goal. 

Renfro India launches ‘ELLE Homme’ collection

NewsPatrolling.com :Renfro India, a joint venture of Renfro Corporation US, which is a global leader in the hosiery industry, in partnership with the Lagardère Active Group (French conglomerate, owner of the ELLE brand) recently launched ELLE HOMME men’s innerwear and socks collection. This alliance marks the license agreement enabling Renfro India to design, manufacture and market the ELLE Homme branded products in India. Coordination of the partnership was led by exclusive brand licensing agency LicenseWorks, on behalf of ELLE.

ELLE HOMME Innerwear Fall ‘17 collection consists of 19 styles across three product lines- Prime, Elite and Fashion. The collection highlights ELLE Homme signature style with unique, standout details within several distinct themes that will resonate with consumers on a national level. The brand has been launched in six states across India through over 135 retail stores. The retail presence shall be expanding to over 400 points through the next year.

Commenting upon the partnership, Mr. Rohit Pal, Senior Vice President, and Managing Director Europe, India and Asia, Renfro stated “The acquisition of ELLE Homme license into our portfolio is part of our strategy to expand our offering across more product formats with an elevated design focus and higher price points. We are strong in the Socks category, and are now foraying into the fast-growing Men’s Innerwear category which has been bolstered by this license agreement with ELLE HOMME.”

Chandan Kumar, Director Sales & Marketing said, “ELLE HOMME is a brand that represents exclusive French spirit and is well respected for its innovation, integrity and product quality. ELLE Homme Innerwear range in India is focused on cut, style, and comfort. We are confident that it will meet the aspiration of young and contemporary Indian men.”

Mr. Camille Thelu, Vice President & Managing Director, Lagardère Active Enterprises EMEA & India, added “We are excited to partner with a company like Renfro to further develop and expand our range of products in India. Renfro’s expertise in these categories will provide a fresh design perspective and exceptional product quality to the Indian consumers. The ELLE brand serves as a reference around the world and has already created a deep impression on Indian consumers with its exciting women’s apparel collection, and unique ‘French Lifestyle positioning’. For men, the ELLE HOMME brand targets a young man who has a modern and sophisticated style and outlook on life. ”

The partnership was facilitated by LicenseWorks, the specialist corporate brand licensing agency. Rishabh Singla, Managing Partner at LicenseWorks added, “We are delighted to welcome such a strong player as Renfro to the ELLE licensing program. We look forward to continuing to expand the ELLE and ELLE HOMME brands to a complete collection of products that will reinforce their position as leading fashion and lifestyle brands.”

Midcap index snapped five days gains, expect weakness to continue

NewsPatrolling.com / Glamourtreat.com : “Monday’s tail end sell off was followed by a gap up opening mainly on the back of strong favorable cues from the HANG SENG (Hong Kong) index. However, the entire lead got sold into in first 10 minutes of trade. In fact, the selling pressure aggravated to breach previous day’s low as well. However, a smart recovery in the penultimate hour pushed the index higher to conclude with negligible gains.

 

With reference to earlier article, the index precisely started correcting after testing mentioned resistance of 10490 in the opening trades. Once again, the banking pack turned out to be the weakest link as we saw heavyweight banking stocks dragging the index during the major part of the day. However, this was followed by a smart recovery from a kissing distance of 10400; courtesy to decent bounce back in BANKNIFTY from its key support zone.

 

Going ahead, we continue to see 10490 – 10520 as a sturdy wall and despite 10400 holding as a strong support, we expect the index to slide below it to test 10380 – 10340 in days to come. This time, the profit booking is seen in the broader market as well. Since last couple of weeks, we have been warranting some caution in NSE Midcap index as we were observing some contradictory cautionary signs. Today, we saw midcap index correcting to nearly a percent to snap last five sessions’ gains. This is what we have been anticipating and considering today’s close, we expect this weakness to extend in the midcap basket as well. Hence, traders are repeatedly advised to be selective and avoid taking undue risk in the market as the volatility may continue to scale up.”