Posted by: at 5/17/2017 03:47:00 am

Board recommends 65% Dividend

Kolkata, 17 May 2017:  For the year ended 31st March 2017, Pressman Advertising’s Total Income stood at Rs.5161.01 lacs (Rs.4732.85 lacs).

The Company’s Profit before Tax for the year stood at Rs.995.84 lacs (Rs.608.32 lacs) while Net Profit increased by 65.55% to Rs.674.36 lacs (Rs.407.35 lacs).

The Board of Directors has recommended a Dividend of 65% (Rs.1.30 per Equity Share of Rs.2 each) for the year 2016-17, which is subject to Shareholders’ approval at the AGM.

The Company has strong fundamentals with Reserves and Surplus at Rs.2592.77 lacs on an Equity Share Capital of Rs.469.66 lacs.

The Company is engaged in the business of traditional and digital advertising and public relations and is a Google partner.

Pressman is the only advertising agency listed on NSE and BSE.
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Aye finance empowers south Indian MSMEs to grow and prosper

Posted by: at 4/25/2017 01:25:00 am

Aye finance empowers south Indian MSMEs to grow and prosper
Aiming at expanding presence in South India, the company has already disbursed loans worth 10 crore in Tamil Nadu and Karnataka

New Delhi, April 25, 2017: In the age of rapid digitalization and foreign giants setting up their base in India, the growth and longevity of the MSME sector has been challenged.  In order for Indian MSMEs to further expand and prosper, robust financial assistance is of paramount significance.  As one of the fast growing new-age finance companies in India, Aye Finance is delivering business loans against mortgage or simple hypothecation accessible to India’s thriving and underserved MSME sector.

Aye finance empowers south Indian MSMEs to grow and prosper
 Sanjay Sharma_Aye Finance

Aye finance empowers south Indian MSMEs to grow and prosper

Founded in the year 2014 by bankers Sanjay Sharma and Vikram Jetley, Aye Finance has rapidly grown its footprint through 33 branches spread across India. Recognizing the states of Tamil Nadu and Karnataka as the centres for manufacturing, handloom, and a variety of small-scale industries, Aye Finance has already disbursed loans worth INR 10 crore to the Micro & Small Entrepreneurs in these states.

 Aye Finance is driven with a vision to leverage technology and bring about financial inclusion in India.
Aye Finance differentiates itself through a customer selection process that uses technology to enhance efficiency of loan origination and builds a high quality loan portfolio by using data sciences to analyse business and behavioural data.  This approach has enabled Aye Finance to offer business loans to deserving micro enterprises who do not have prior credit bureau history.  This effective credit appraisal coupled with the use of modern workflow automation and an engaged workforce is helping bridge the gap between the MSMEs and organized lending.

Micro and Small businesses financed by Aye Finance in turn help sustain employment at the bottom of the pyramid.  Aye Finance has already impacted an ecosystem of over 100,000 families through its business enterprise loans and it is driven by a vision to impact over 10 million households by 2020 and become an admired player in its space.
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NetRack Releases Caution Note to Raise Awareness on Counterfeit Products

Posted by: at 4/16/2017 10:54:00 pm

NetRack share series of guidelines for customers to identify original products

BENGALURU, India – April 17, 2017 – NetRack, a leading solutions provider for data centers and end-to-end IT server racks, today released a caution note in the media against the usage of NetRack’s name for selling counterfeit products in the market. NetRack condemns these activities and called for stringent punishment against the perpetrators.

“It’s very disappointing to see that these practices still exist in the industry. Brands are not built overnight. Brand reputation and trust is a product of years of hard work, quality and customer service. Selling counterfeit products under a successful brand name is condemnable and crime too. We call upon the fraternity to recognize this trend and take collective action,” said Ravi Raj, Brand Head, Director Sales & Support at NetRack.

The matter came into light as part of the investigation after receiving several complaints for NetRack’s products. To which immediate action is taken and as part of this the company is also releasing a series of guidelines to purchase originally manufactured products from NetRack.

“The only building block of our relationship with our customers is trust coupled with quality and service. We want to create awareness in the industry on the existence of these fraudulent activities in the market and caution other manufacturers to keep themselves safe from these malpractices,” he added.

The counterfeit products do not comply with NetRack specified parameters nor NetRack quality and reliability standards. Consequently, the company explicitly emphasizes that NetRack does not warrant any parts purchased through unauthorized channels nor assume any liability for failure of counterfeit products.
o NetRack also suggests a series of guidelines for customers to identify and purchase its original products.
o NetRack products should only be purchased from NetRack directly or from one of NetRack’s authorized distributors and partners.
o NetRack products should not be purchased if the outer appearance differs from NetRack products you normally receive unless NetRack or NetRack authorized distributor has provided you a product change notification.
o NetRack strongly advises against purchasing extraordinarily low priced NetRack products from unauthorized distributors.

NetRack is ISO 9001:2008 certified and also received the ISO 14001:2004 Environmental Management Systems certification and OHSAS 18001:2007 certification for Occupational Health and Safety Management Systems. NetRack’s most of the products are comprised with UL Certification.

About NetRack

NetRack Enclosures foresees itself as a single window solutions provider for all data, network and server related concerns. NetRack’smission is to deliver time bound quality products that are superiorly designed and precision engineered to perfection, to help the customers overcome their constraints while enabling scalability and increased performance at a reduced cost. NetRack guarantees to offer its clients good customer support services for problem-solving and better relations.

Improved customer relations, employee welfare and transformation at all levels to achieve more than what they have achieved so far. The company wishes to upgrade itself through research and development of newer technologies for enhanced performance, scalability and cost-effective products to cut costs to the customer. To know more, please visit

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BRUNE unveils splendid Monk Strap Collection

Posted by: at 4/10/2017 06:06:00 am

Brune, India’s leading online destination which captures the classic essence of style in an array of leather accessories and shoes, launches its splendid Monk Strap Collection. The assortment features a melange of single and double monk strap style shoes that gives a noticeable style statement. Available in versatile shades of blacks, dark browns, burgundy and white the collection renders luxurious styling essence.
BRUNE unveils splendid Monk Strap Collection

BRUNE unveils splendid Monk Strap Collection

BRUNE unveils splendid Monk Strap Collection

BRUNE unveils splendid Monk Strap Collection

BRUNE unveils splendid Monk Strap Collection

Forget messing around with laces this season and buckle up with these monk strap shoes which renders a fashion forward trend. Crafted in premium leather, this sophisticated range is handcrafted and hand painted with finesse to give a flawless styling appeal. Perfect for office and formal occasions, these pairs can be paired with chinos and crisp shirts.

So break the monotony of laces shoes by grabbing this latest range from Brune to give impeccable impression at your workplace.

Price: Rs 5,999 - Rs9,999/-

Available at: 
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Myntra launches first of its kind mega fashion event - Big Fashion Gig; Targets 3x sales, 35 new brand launches

Posted by: at 4/07/2017 09:55:00 pm
Myntra launches first of its kind mega fashion event - Big Fashion Gig; Targets 3x sales, 35 new brand launches

–Over 30 Gigs in collaboration with celebrities
– 10million users expected to make the most of the 3 day event

Bangalore, April 7, 2017: Myntra announces the launch of the country’s first high fashion event online, Myntra’s Big Fashion Gig .The three day event kicks off at 12 am on April 8 and promises three days of unique fashion experiences, live fashion conversations with celebs, exclusive looks put together by Bollywood’s style icons and much more from the best of brands, style icons, designers and fashionistas.

The big draws at the event are Hrithik Roshan sharing his essentials for fitness and fashion and Deepika Padukone sharing her summer styling secrets with hand-picked looks available exclusively for the three days.

Myntra has collaborated with over ten celebrities from Bollywood, sports and fashion to share their tips and tricks through various gigs. Lasting three hours each, the gigs are intended to bring fans close to their favorite celebrities and allow them a firsthand feel, from the harbingers of fashion themselves; Be it Girls Night Out with Anusha Dandekar- every girl’s fashion BFF, Motorcycle Diaries by Kunal Kapoor– giving the biker attitude a stylish twist, Gear up with M.S Dhoni, Virat Kohli, Yuvraj Singh and Mahesh Bhupathi, Summer Seduction with Rhea Chakraborty, Men 2.0 with Rohit Khandelwal and Fashion Beat Box with Saba Azad.

The first edition of BFG will witness the participation of 1500 domestic and international brands, with a collection over3 lakh products and styles. An unprecedented 35 brands are scheduled to be launched on Myntra’s platform during the event with over 25 international brands, whose upcoming spring summer collection will be available during the three day period. Leading international fashion brands such as Dorothy Perkins, Next, Aeropostale, Forever 21 Men, Clinique, Bobbi Brown, Corelle and Howards, among others will now be available on Myntra, making it- the go-to destination for the fashion forward.  The collection will also feature buzz worthy products which includes limited edition products such as watches from Versace, Raymond Weil and Apple;  bags from Kipling, helmets from Royal Enfield,  sports shoes from Adidas, Puma, Nike and Supra, jewellery from Bro Code and Suhani Pittie among others. Myntra will also showcase exclusive collections from brands including the Levi's vintage collection, Ishfahan collection from W, Tommy Hilfiger Nadal collection, Mini cooper watch collection and Roadster’s official Fast and Furious 8 collection.

A special segment at the event will feature live auctions of designer wear from Deepika’s closet, autographed denims from Hrithik and autographed merchandise from Yuvraj Singh, the proceeds from the auction will go to a cause picked by each celebrity.

Speaking on the announcement, Ananth Narayanan, CEO, Myntra & Jabong, said,
“Big Fashion Gig will be an event unlike any other so far in the online fashion space. It brings with it, the largest curated collection of domestic and international brands with over 35 launches under one umbrella in a single day and is part of our strategy to offer a clear proposition beyond discounting, which has played a major role in the ecommerce sector so far. This is the first time a brand in the country has engaged with so many celebrities for an online fashion event. We expect 10 million users to participate in the first edition of BFG and are expecting to acquire over one lakh new customers. Traffic to our platforms is expected to witness a surge of over 3X over a normal day during the period and we are targeting over 3x in sales through this event."

The Big Fashion Gig is led by fashion, brands, styles, designs and trends, and is a move away from the traditional discount format. There will be two editions of BFG in a year, during summer and the arrival of fall. The event will provide fashion forward consumers with insights about forthcoming fashion.

About Myntra:
Myntra is India's leading platform for fashion brands and pioneer in m-commerce play. Myntra has partnered with over 2000 leading fashion and lifestyle brands in the country such as Nike, adidas, Puma, Levis, Wrangler, Arrow, Jealous 21, Diesel, CAT, Harley Davidson, Ferrari, Timberland, US Polo, FabIndia, Biba and many more to offer a wide range in latest branded fashion and lifestyle wear. Myntra services over 19,000 pin codes across the country. With the largest in-season product catalogue, 100% authentic products, Cash on Delivery and 30-day Exchange/Return policy, Myntra is today the preferred shopping destination in India.
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Mercedes-Benz drives in the flagship S-Class‘Connoisseur’s Edition’,enhances excellence in luxury mobility

Posted by: at 4/05/2017 08:39:00 pm

·         Mercedes-Benz launches the S-Class ‘Connoisseur’s Edition’ |Available in both the S 350 d and S 400 variants, respectively
·         Superlative Performance: S 350 d: 3-litre, V6 diesel engine producing 190 kW (258 hp), with 620Nm of peak torque | S 400 - 3-litre, V6 petrol engine produces 245 kW (333hp)and 480Nm of peak torque |Both engines are motorized by the 7G-TRONIC PLUS transmission
·         Key elements of the ‘Connoisseur’s Edition’ include Night View Assist Plus for enhanced driving safety at night
·         Executive rear left seat with extended thigh support and seat reclination up to 43.5 degrees 
·         AIR-BALANCE perfume package with air ionization
·         3 Stage memory function with the fully adjustable front electric seats
·         The S 350 d‘Connoisseur’s Edition’is priced at INR 1.21crores and S 400 ‘Connoisseur’s Edition’is priced at INR 1.32 crores (ex-showroom, Pune)
Chandigarh:The country’s largest luxury car manufacturer Mercedes-Benz, launched the flagship luxury model, the S-Class‘Connoisseur’s Edition’ for its discerning customers today. This is the 4th launch for the year from the German luxury car manufacturer this year. Popularly referred to as the ‘best car in the world’ by the critics and patrons, the S-Class portfolio in India is a benchmark to be reckoned with. The flagship S-Class epitomizes opulence, indulgence and automotive magnificence.

Mercedes-Benz drives in the flagship S-Class‘Connoisseur’s Edition’,enhances excellence in luxury mobility

Mercedes-Benz drives in the flagship S-Class‘Connoisseur’s Edition’,enhances excellence in luxury mobility

In an ongoing effort to improve its products, Mercedes-Benz has also been focusing on the needs of its chauffeur driven customers in India. Mercedes-Benz has been providing an immersive and personalized rear seat experience; given more customers increasingly tend to spend more time in their cars.With the launch of the ‘Connoisseur’s Edition’S-Class, Mercedes-Benz reiterates its brand promise of the ‘best or nothing’. The S-Class ‘Connoisseur’s Edition’was launched by Roland Folger, Managing Director and CEO, Mercedes-Benz India.

Roland Folger, Managing Director & CEO, Mercedes-Benz India said “At Mercedes-Benz, it is our endeavour to offer our discerning customers the best of our products and services. We are glad to introduce the ‘Connoisseur’s Edition’ of our flagship product – the S-Class that has set the new benchmark in the super luxury sedan segment across the globe, for several decades now. The S-Class ‘Connoisseur’s Edition’ combines luxury, design and technology with the highest standards of perfection, surpassing the high expectations for a luxury sedan. We are confident that the ‘Connoisseur’s Edition’ will be appreciated and admired by our loyal customers, who expect nothing but the best from Mercedes-Benz.”

Mr. Folger further added “The S-Class has always set standards that have retained its accolade as "the best automobile in the world" with each generation. Now, we have upped the ante of our flagship product with a host of new innovative features like Night View Assist Plus, Executive rear seat with thigh support with seat reclination up to 43.5 degrees and the air balance perfume package to make this product literally irresistible. The S-Class ‘Connoisseur’s Edition’ will be locally manufactured in our world-class production facility in Chakan, Pune. This is yet another firm affirmation of our vision of ‘Make in India’, and our unwavering commitment to the Indian customer in presenting the best of our global offerings.”

The S-Class ‘Connoisseur’s Edition’ offers the following new features:

Night View Assist Plus (for the first time in S-Class in India)
Only 20% of road traffic is at night-time, but 40% of all fatal accidents occur during this period. Night View Assist Plus enables drivers to detect pedestrians or larger animals sooner in the dark. They are clearly highlighted in the cockpit display. To
do this, the system illuminates the road ahead with two anti-dazzle infrared lamps. With the help of an infrared camera located behind the windscreen, the entire area
within high-beam head lamp range is shown as a crystal-clear greyscale image. A thermal imaging camera in the radiator grille is able to give a precise warning by distinguishing between irrelevant objects such as traffic sign combinations or bushes and relevant objects such as pedestrians or large animals.The spotlight function enables endangered pedestrians to be flashed at several times, so that the driver registers them even more quickly and the former recognize the danger. As standard, the night view image only appears automatically when a hazardous situation is recognized.

Executive rear seat behind the front passenger, with thigh support
With the Executive seat including the extended thigh support, the rear passenger on the front passenger side is able to enjoy even long journeys in complete relaxation. The seat can be brought into a comfortable reclined position of up to 43.5 degrees at the touch of a button. The additional extending thigh support provides for further enhanced comfort. This, in combination with the chauffer package provides an electrically extending footrest and creates the perfect reclined position for a comfortable refreshing sleep. A cushion bag improves occupant protection when the seat backrest is heavily reclined. In the event of a frontal collision, the cushion bag deploys under the seat cushion and prevents the occupant from sliding beneath the seat belt (submarining).

AIR-BALANCE package including ionization, improved air filtering and fragrance
The vehicle interior can be fragranced to suit personal preference with the AIR-BALANCE package. In addition, the air quality can be improved by ionization and optimized filtering of the incoming and recirculating air. There is a choice of six high-quality interior fragrances according to personal preference. The fragrance can be easily changed by exchanging the fragrance flasks used in the generator in the glove compartment. The intensity and duration of the fragrance are adjustable. Oxygen ionisation of the interior air is a further function of the AIR-BALANCE package. Enriching the air with negatively charged oxygen ions has a refreshing effect.

Other key highlights of the S-Class are as below:

Burmester Surround Sound System
The S 350d is equipped with first-class Burmester® feel-good sound delivered by 13 high-performance speakers and electronic and acoustic components precisely tailored to the interior. The surround function and the sound optimization for the front and rear seats provide an even more intensive listening experience. The S 400 offers the high performance Burmester 3D surround sound system with 24 speakers, nine tweeters integrated in the instrument panels, doors, parcel shelf and roof lining along with the 24 channel amplifier with an output of 1520 watts, presenting an incredible and unmatched listening pleasure.

Energizing Hot Stone Massage
The S-Class offers a rejuvenating hot stone massage function with six different programs ranging from relaxing and stimulating to an energizing effect. Occupants can choose from two intensities – low and high, and the seat backrest comes with a massage mat with 14 air chambers which can be inflated or deflated via fast responding solenoidvalves, developing a wave-like hot stone massage effect. The massage function can be operated via remote with durations ranging from 12– 15 minutes.

Engine and performance
S 400
S 350 d
Arrangement/number of cylinders
Total Displacement (cc)
Rated Output (kW (bhp) @ rpm)
245 (333) @ 5250 - 6000
190 (258) @ 3600
Rated Torque (Nm @ rpm)
480 @ 1600 - 4000
620 @ 1600-2400
Acceleration (0-100 km/h, sec)
Top speed (km/h)

Ride safety and other features
For customers and automotive experts alike, the S-Class has long been the yardstick for advanced engineering and luxury motoring. The innovative safety systems featured in the new S-Class is the most advanced and includes 8 airbags, Electronic Stability Program(ESP), PRE-SAFE, Dynamic cornering control system, Adaptive Brake with HOLD Function, Brake Assist, ASR Hill Start Assist, 360 Degree Surround View Camera and an Active Park Assist.

About Mercedes-Benz India:
Established in 1994, Mercedes-Benz India Pvt. Ltd. pioneered the luxury car market in India and boasts of more than 130 years of cutting edge innovation in the luxury automobile industry globally. Set up in 2009, Mercedes-Benz India’s world class production facility is spread over 100 acres in Chakan near Pune. Since June 2015, Mercedes-Benz India also commenced production from its new expanded production facility located in the same premises. The production facility now carries an investment of INR 1000+ crores and has the largest installed production capacity for any luxury carmaker in India.
Mercedes-Benz India product portfolio comprises the locally produced Mercedes Maybach S 500, S-Class, E-Class, C-Class, CLA luxury sedans and the GLA, GLE and the GLS luxury SUVs. The CKD GLC was the 9th product added to Mercedes-Benz’s local production portfolio. Completely Built imported cars portfolio includes the A-Class, B-Class, CLS, E-Class Cabriolet, S-Class Coupé, C-Class Cabriolet, S-Class Cabriolet and the S 600 Guard a range of other Guard vehicles etc. The product portfolio also comprises the iconic off-roader Mercedes-AMG G 63 as well as a wide range of other Mercedes-AMG performance cars like the AMG CLA 45,AMG C 63 S, AMG S 63 Coupe, AMG S 63 Sedan, AMG GLA 45, AMG GLE 43 Coupe, AMG GT S sports car, AMG SLC 43 and AMG C 43.
The long wheel base version of the new E-Class is Made in India, for India, the first new generation car to be locally produced since market launch. India is the first country to get an RHD version of the LWB E-Class in the world.
Mercedes-Benz India also has the largest network spread amongst any luxury carmaker, with presence in 41 Indian cities through 89 outlets. Through the exclusive AMG Performance Centres located in 5 metros including Delhi, Mumbai, Hyderabad, Bangalore and Pune; the AMG performance sub-brand of Mercedes-Benz also boasts of a strong retail network presence in the country.

Mercedes-Benz India registered annual sale of 13,231 units in the January–December 2016 period facing multiple market challenges. In 2017, ‘One Team, One Goal’ will be Mercedes-Benz’s philosophy, towards achieving best customer experience. The company will have fascinating product introductions, innovative luxury retail experience, value driven finance programmes and innovative after-sales service experiences. With ‘One Team, One Goal’ philosophy, Mercedes-Benz India will continue the ‘winning’ momentum it has created for itself in the diverse Indian market.
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Being Human announces its Spring Summer 17 campaign with Salman Khan and Amy Jackson

Posted by: at 4/03/2017 09:15:00 pm

4 April 2017, Mumbai: Being Human, the fast moving casual fashion brand has roped in British model and actress Amy Jackson, as its brand ambassador for the Spring Summer 17 campaign. The brand has already shot its Spring Summer 2017 campaign that features the gorgeous actress and the founder of Being Human clothing line, superstar actor Salman Khan. The brand was put up on a global fashion map by The Mandhana Retail Ventures Limited in 2012. Since inception the brand has made its presence all over the world with more than 500 point of sales in more than 15 countries.

Being Human announces its Spring Summer 17 campaign with Salman Khan and Amy Jackson

Being Human announces its Spring Summer 17 campaign with Salman Khan and Amy Jackson

Being Human announces its Spring Summer 17 campaign with Salman Khan and Amy Jackson

Being Human announces its Spring Summer 17 campaign with Salman Khan and Amy Jackson

Being Human announces its Spring Summer 17 campaign with Salman Khan and Amy Jackson

Being Human’s Spring Summer 2017 campaign has been shot by renowned photographer Amit Ashar and styled by Alvira Khan Agnihotri and Ashley Rebello. On her association with Being Human Clothing, Amy Jackson said, “I am very excited to be a part of Being Human SS17 campaign. I believe in fashion that gives you comfort and confidence and Being Human defines this completely. Apart from this, the brand also supports social causes of education and healthcare which is remarkable.”

Commenting on the launch of the campaign, Manish Mandhana, Managing Director, The Mandhana Retail Ventures Ltd, the global licensee for Being Human Clothing, said, “This season, we have introduced a lot of new styles in our clothing range for both men and women. We are thrilled to have Amy Jackson on board as she is not only impeccably stylish but also extremely poised and confident. These are the qualities that are synonymous with the brand’s ethos.”

Man-of-the-masses and a proud supporter of the clothing line, Salman Khan, added "I thank all the generous people who buy Being Human clothing. Their love for the brand helps support the education and healthcare activities of the Being Human Foundation as all royalties from the sales go to the Foundation. I am grateful for your continued support and for the confidence that you have placed in us."

The collection is designed taking cues from the latest international fashion trends from across the globe. Crafted out of fresh colors and vibrant silhouettes, the collection comprises of varied range of shirts, shorts, tees, jackets, dresses, crop tops, denims, joggers and lots more for both men and women.

The clothing brand has its presence in over 15 countries and follows a unique model wherein royalties from the sale of each garment support the education and healthcare initiatives undertaken by Being Human – The Salman Khan Foundation. Since its inception in 2012, Being Human Clothing has opened 55 exclusive stores across 40 cities internationally, including Ahmedabad, Ambala, Amritsar and Bengaluru. All combined, the company has 600 sales points, including international stores (125 in the Middle East and 75 in Europe).
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Retail chain Baby Care mulls major expansion in Chennai

Posted by: at 4/01/2017 08:23:00 am

Baby Care, south India's leading retail chain ibr children's products is gearing up with major expansion plans in Chennai. The company has plans to open 10 new outlets adding up to 35+ stores by the end of this year.

The retail chain opens its 26" store at Annanagar in Chennai, on April 1, 2017. The new 1750 sq.ft-store at Shanti Colony in Annanagar would showcase apparels, toys and accessories for boys and girls of ages 0 to 10.

Ever since its inception in 2006, Baby Care has come a long way in the niche children's apparel and accessories segment. The company is today a strong brand with 21 outlets in Kerala, 2 in Maharashtra and leach in Tamil Nadu and Karnataka. A trusted One stop shop for children's products Baby Care has amassed a huge customer base with its superior quality and meticulous customer service. "By giving a complete product range with superior quality and value fur money, we have been able to consistently maintain top position in the babies and toddlers category", says Mr. K Unnikrishnan, Founder and Managing Director, Baby Care.

The retail chain houses world's most popular and prestigious brands in childcare and manufactures some of its own super brands in the segment The company's advanced warehousing facility helps it deliver every product without losing its warmth and freshness and its products are known for high safety standards and reliability. The company's in-house brands Kidsfin and BKids have many takers in the market

The product categories that the company sells include moms & maternity, feeding & nursing, bath & skin care, clothing & shoes, nursing & travel gear and toys & books.

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