CITIZEN WATCH CO., LTD. TO ACQUIRE FREDERIQUE CONSTANT GROUP

June 1 2016,  12.22 PM IST || Pocket News Alert

Citizen Watch Co., Ltd.

Mumbai: Citizen Watch Co., Ltd. (Head Office: Tokyo, Japan) announced today that it has entered into an agreement to acquire Frederique Constant Holding SA (Head Office: Genève, Switzerland). Under the mid-term business plan, “Citizen Global Plan 2018”, Citizen is implementing a multi-brand strategy and seeking to complete its brand portfolio by acquiring Swiss brands. This particular acquisition will enable Citizen Watch Co., Ltd. to strengthen its brand portfolio, offering consumers a variety of products ranging from accessible timepieces to Accessible Luxury watches. Frederique Constant Holding SA brings the brands Frederique Constant, Alpina, and DeMonaco to Citizen Watch Co., Ltd.

The present management personnel and staff will continue to hold the same positions after this acquisition.

Comments from Mr.Toshio Tokura, Chief Executive Officer of Citizen Watch Co., Ltd. “We have a great opportunity to expand the sales of Frederique Constant through our current distribution channels of Citizen branded watches, particularly in Japan and the U.S.” said Toshio Tokura. “With the acquisition of Frederique Constant, the Citizen Watch Group will be able to augment its portfolio of brands and occupy the space in the markets where some of our competitors operate and further expand the presence of the Citizen brand in the market.” He later added “Citizen will be able to achieve great synergy for sharing technologies and infrastructures in the future.”

Comments from Aletta and Peter Stas, the founders of Frederique Constant Holding SA

“As we feel a tremendous commitment to the Frederique Constant Group and its people, we started to explore a potential collaboration to secure the company beyond ourselves. We have become increasingly impressed by the innovative technologies of the Citizen Group. We see the opportunity of Swiss-Japanese partnership to develop and market Accessible Luxury watches for the 21st century and beyond.”

History of Frederique Constant

Frederique Constant in its current form was established in 1988. The company is involved in all stages of watch production, from initial design to final assembly and quality control. Frederique Constant develops, manufactures, and assembles in-house calibers, offering 19 different versions since 2004. Frederique Constant watches are defined by their high quality, precision in design and manufacturing, and accessible prices. Consequently, their perceived value—which stems from the quality of design, materials, and manufacture—is a key component of their success. Each watch is assembled by hand, employing the latest equipment and extensive controls, to ensure maximum quality and durability. The company pursues innovation to offer creative designs at exceptional value. The company has been experiencing growth rate well above the industry average by following clear mission of making fine watches available to the largest possible audience of watch enthusiasts at sensible prices.

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Andrea Fuder appointed new member of Volvo’s Group Executive Board

June 1 2016,  12.01 PM IST || Pocket News Alert

Andrea Fuder has been appointed a new member of Volvo’s Group Executive Board and Executive Vice President Group Trucks Purchasing, Volvo Group’s global purchasing organization. Andrea Fuder has more than 20 years of experience from similar roles in the Volkswagen Group.

Andrea Fuder, born in 1967 in Germany, has held a large number of senior positions at Volkswagen’s purchasing organization since 1992. She has comprehensive international experience after being stationed in countries including Germany, the UK, China and Sweden. She has served as Head of Purchasing at Volkswagen-owned Scania since 2012. The date on which Andrea Fuder will take up her new position is yet to be decided.

The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Volvo Group also provides complete solutions for financing and service. Volvo, which employs about 100,000 people, has production facilities in 18 countries and sells its products in more than 190 markets. In 2015, the Volvo Group’s sales amounted to about SEK 313 billion (EUR 33.4 billion) and its shares are listed on Nasdaq Stockholm. For more information, visit www.volvokoncernen.se or www.volvogroup.mobi for those using a mobile phone.

AB Volvo (publ) may be required to disclose the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on June 1st, 2016, at 08:30 a.m.

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Videocon launches Krypton3; Unlimited Entertainment with 4G VoLTE

 Krypton3 features 13MP rear camera with Corning Gorilla Lens protection and 5MP front camera with LED flash to click perfect selfies in dark environment

 Features 5-Inch HD IPS Screen with scratch resistant Dragon trail X Glass and 2.5D - Curved glass to give a stylish curved look

 Power packed with fast Android Marshmallow 6.0 experience, backed by a powerful 3000mAh battery with 20% faster charging

June 1 2016,  12.04 PM IST || Pocket News Alert

New Delhi, June 1, 2016: With a vision to offer smartphone users fast connectivity, latest android features and flagship quality camera and design, India’s leading mobile manufacturer, Videocon Mobile Phones introduced its latest power packed smartphone –Krypton3 V50JG. With a vivacious youth-oriented design, Krypton3 is packed with 4G VoLTE network support, 2GB RAM, Android 6.0 Marshmallow and 3000mAh battery with 20% faster charging.

Taking the photography to a pro level, Krypton3 V50JG comes with a 13MP snapper featuring dual LED flash, Smart Wide Dynamic Range (SWDR), Phase Detection Auto-focus (PDAF) for sharper and flawless photos. Corning Gorilla Lens protects the camera, ensuring an enduring photo clicking experience. The excitement gets bigger with a 5MP front camera with LED flash, while clicking selfies in low-light conditions and creating unforgettable memories. The images and videos come to life on a 5-Inch HD IPS screen with tough and scratch resistant Dragon trail X Glass for exceptional durability. The slim and sleek design is enriched by a 2.5D - Curved glass to give the smartphone an elegantly stylish curved look.

Mr. Jerold Pereira, Business Head, Videocon Mobile Phones said, “Being a consumer-centric brand, Videocon Mobiles has always endeavoured to offer smart devices equipped with latest features and innovative designs. The Krypton3 is indigenously designed in line up with our mission of taking forward the power of smartphone technology in India. With this power packed smartphone Videocon offers ‘Unlimited Entertainment’ enriched by latest features, fast connectivity and enhanced camera.”

Entertainment reaches to a whole new level of a smooth smartphone experience with Android 6.0 Marshmallow and 2GB RAM backed by a 3000mAh battery with 20% faster charging. The long –lasting battery offers enough juice to browse online content and enjoy media content saved in 16GB internal memory expandable upto 64GB. The smartphone is packed with an impressive Mediatek 64-Bit 1.3 GHz Quad Core processor for a faster and more efficient performance. Users can stay connected with their friends and loved ones with next-gen 4G VoLTE (Voice-over-LTE) connectivity to carry voice calls on 4G/LTE network.

Krypton3 V50JG takes the users on an exhilarating journey of ‘Unlimited Entertainment’ by offering the best entertainment content by pre-installed ErosNow app wherein users get a full theatre experience with a free 6-month membership to over 3000 movies and music videos. The handset offers an opportunity to plunge into most engaging gaming experience with free game on Gameloft app.

The smart device makes you smarter than you think with its enhanced utility features. The immersive experience of 5-Multi TouchPointPoint enhances the controls over action packed games while the Smart Gesture Support creates easy-to-use shortcuts to boost overall smartphone experience. In built, Swift key keypad lets the user type faster, making the chatting more fun and engaging.

With standard features like Bluetooth, GPS, Wi-Fi, Dual SIM, and FM radio, the best-in-class smartphone will be available in blue colour at an attractive price of around Rs 10,000/-.

Key features:

• 5-Inch HD IPS Screen with Dragon trail X 2.5D - Curved Glass

• Android 6.0  (MarshMallow)

• Mediatek 64-Bit 1.3 GHz Quad Core Processor

• 4G with VoLTE, GPS/A-GPS,

• 2GB RAM; 16GB ROM, expandable upto 64GB

• 13MP Rear camerawith PDAF/ISOCELL/Smart WDR+ dual LED flash

• 5MP Front Camera with LED flash

• Smart Gestures support

• 3000 mAh battery

• 20% fast charging support

• Swiftkey, 5-multi Touch Program support

• Free Game from Gameloft

• 6 months free subscription from Erosnow app

Link for Videocon Krypton3V50JG Website page: http://www.videoconmobiles.com/krypton3v50jg

About Videocon Mobile Phones

Part of a billion dollar global conglomerate; Videocon Group commands its name with the trust of its associates, clients and customers and delights them with its innovative products. Videocon Mobile Phones Division steered by ideas, and led by innovation has a wide range of mobile devices from multi-media feature phones to high-end Android-based smartphones and tablets.

Intending to capture the market with a range of contemporary, high-quality, affordable smart devices, Videocon Mobile Phones Division is one of the fastest growing mobile handset companies, with one of the largest service network across the country.

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Ministry of Health and Prevention launches mobile clinic to help rehabilitate smokers during the Holy Month of Ramadan

 June 1 2016,  11.56 AM IST || Pocket News Alert

Launch coincides with celebrations of World No Tobacco Day

UAE, June 1, 2016 - In line with its commemoration of the ‘World No Tobacco Day’, the UAE Ministry of Health and Prevention has launched a mobile clinic, in collaboration with Pfizer Global Pharmaceutical Industries, under the slogan ‘I quit .... now it’s your turn.” The clinic will provide counselling and support services to smokers, encouraging them to quit smoking and adopting a healthy lifestyle.

Dr. Hussein Abdul Rahman Al Rand, Assistant Undersecretary for Health Centres and clinics, UAE Ministry of Health and Prevention, facilitated in the ribbon cutting ceremony of the mobile clinic in the presence of H.E. Awad Al Ketbi, Assistant Undersecretary of the Support Services Sector, stated that the Ministry’s National Tobacco Control Program is sparing no efforts to curb the spread of the use of tobacco in all its forms and types. He reiterated that Ministry is working to provide support to smokers to help them quit smoking and implement a ban on smoking in enclosed public areas to reduce exposure to passive smokers.

The Assistant Undersecretary said that the Ministry aims to raise awareness about the harmful effects of using tobacco along with about healthy tobacco-free lifestyle among different segments of the society. Dr. Al Rand explained that the UAE National Agenda aims to measure the daily consumption of cigarettes and tobacco products among different age groups. The national indicators as per the Health Survey conducted in 2010 by the UAE Ministry of Health and Prevention show that 21.6 per cent of UAE men and 1.9 per cent of women use tobacco.

Adding further, Dr. Fadila Mohammed Sharif, Director of Health Education and Promotion, UAE Ministry of Health and Prevention, said the mobile clinic initiative will organize several activities and initiatives as a way to reach out to target audience with the aim to raise the level of health awareness among the community members.

This year’s ‘World No Tobacco Day’ is being observed under the theme ‘Get Ready for Plain Packaging.” This was organized in recognition of how plain packaging reduces the attractiveness the attractiveness of tobacco products, which could decrease demand. Restrictions on using tobacco packaging as a form of advertising limits misleading packaging and labelling, and increases the effectiveness of health warnings.

For her part, Dr. Nadia Younis Director, Public Affairs & Communication Lead- Gulf & Levant at Pfizer, “We are proud to partner with the Ministry in establishing tobacco regulations, which is a vital component of every individual’s social responsibility. This serves as a strong platform that will allow us to collaborate with the Ministry and we are eager to support the health authorities, especially MOHAP, towards reducing the negative risks associated with smoking as it could lead to heart disease and cancer.”

The program of events will take place in offices, shopping malls, airports and will include several educational activities, such as lung function medical examinations and check-ups for carbon monoxide and blood pressure, as well as an examination of body mass. These tests aims to help isolate health problems at an early stage. There will also be counselling from specialists on smoking, as well as lectures on the dangers caused by different kinds of tobacco in addition to a distribution of educational leaflets on damages cost by tobacco use as well as tips on how to quit.

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TRA issues new directive putting a cap on mobile data bundles

·        Order mandates Etisalat & du to secure consent of customers who exhaust their mobile data bundle allowance before providing additional data

·        Move to prevent bill shock

·        Directive part of TRA’s goal to protect consumer interests

  June 1 2016,  11.11 PM IST || Pocket News Alert

UAE, June 1, 2016 -The Telecommunications Regulatory Authority (TRA) has issued a directive ordering major operators Etisalat and du to put a ceiling, or hard cap, on their respective mobile data bundles in a bid to protect consumers from unwittingly incurring disproportionately higher additional charges.  Directive (1) of 2016 applies to all mobile data bundles whether included as part of the main subscription or purchased as an optional add-on.  The Directive obligates the operators to limit the supply of mobile data to the size of the bundle.  Once the bundle is exhausted, the licensee cannot supply any further mobile data unless the consumer gives express consent. 

The TRA released its directive after identifying several factors that could result in consumers being subjected to disproportionately higher over-bundle rates their knowledge, as in most cases, they are not aware of the costs incurred from out-of-bundle rates or the additional charges made once their bundles are all used up. The directive serves as a safety net measure to protect mobile data subscribers from what the TRA calls ‘bill shock.’  This comes within the TRA’s jurisdiction to protect consumer interests and continuously enhance the services in the UAE’s telecommunications sector in accordance with the directives of the country’s leaders.  

H.E. Hamad Obaid Al Mansoori, TRA Director General, said: “We are concerned with the potential for consumers to receive larger-than-expected charges for their out-of-bundle mobile data usage. We acknowledge that both Etisalat and du have provided various tools to enable their customers to monitor their data usage and manage their costs.  However, we note that not all consumers use such tools.  It is also inherently difficult to estimate how much data is actually being consumed while, for example, browsing the internet or sending e-mails.”

“Consumers may not be aware of the actual costs associated with such mobile data usage and this could lead to ‘bill shock.’ We aim to address the issue once and for all through this new directive,” Al Mansoori added.   

In broad terms, Licensees have three rates for mobile data:

1.      No bundle rate:  usage is charged on a pay-as-you-use basis at the rate of AED 1 per MB

2.      In bundle rate:  data bundles are available in various sizes, with validity periods ranging from one day to one month. Depending on the particular bundle purchased, the in-bundle rate, or charge for data consumption within the bundle allowance, can be as low as AED 0.03/MB

3.      Over bundle rate:  prior to the TRA’s Directive, in circumstance where the consumer’s data consumption exceeds the allowance for a given bundle, the consumer may consume additional data on a ‘pay-as-you-go’ basis at the over-bundle rate of AED 1 per MB of data consumed. Thus, if a consumer were to download a number of e-mails with attachments amounting to 200 MB over and above the consumer’s data allowance, the charge to the consumer for the additional data would be AED 200 which might be higher than the price of the actual data bundle.

The TRA was concerned about those arrangements for a number of reasons:  firstly, the consumer may or may not know when his/her bundle is exhausted and when the over-bundle rates were being charged.  Also, the TRA considers it to be somewhat unfair to consumers for operators to price the over bundle rate at the same level as the no bundle rate. 

Under the new directive, when a consumer has used all of the allowance in a bundle, the consumer will not be able to use any more data. Both Etisalat and du can only supply additional data to consumers during this out-of-bundle period if they:  i) subscribe to another mobile data bundle; ii) opt-in to be charged at an over-bundle rate; or iii) specifically instruct their service provider to remove the hard cap. As such, the operators must at all times, record the consent and instructions of their subscribers. 

Additionally, the directive requires Etisalat and du to ensure that their respective customers are protected against making overlapping subscriptions that would lead to double charging. According to the TRA, consumers who are currently subscribed to any alternative usage cap mechanisms for mobile data must be migrated to the hard cap mechanism.  However, those subscribers may be provided with an option to opt-out of the hard cap in favour of their existing cap mechanism.

The TRA also urged Etisalat and du to design and introduce pricing plans that are more fair to the consumer by charging lower rates for over bundle data than the rates charged for no bundle data. 

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Fabi collection - Sojourn a range of limited edition bags

June 1 2016,  10.34 AM IST || Pocket News Alert

Embrace the rich heritage of Italian designs with Sojourn- a limited edition bags range from Fabi. The collection is ideal for men and women who like to keep it subtle yet classy. Blending style and space together, the assortment is a stylish amalgamation between elegance and ease.Sprinkled with a touch of splendor, this limited edition range is for every mood and occasion. Team them with your summer holidays’ outfit or your formal meeting attire and bedazzle everyone with your style.

Available at- www.mescoshoes.in and https://www.elitify.com/search?q=fabi

Price on Request

Store Address- N-13, South Extension, Part-1, New Delhi-110049. Contact: 011-46013780

About FABI:

Founded by Enrico Fabi in 1965, FABI is a premium Italian brand with its headquarters in Monte San Giusto, Italy. The company has three hundred sixty five employees including master shoemakers and artisans who work closely with specialists in IT technology and state of the art machinery.The brand’s first set of samples was 12 hand-stitched tubular models which instantly became hit among people. After getting success in such a short span of time, FABI expanded its horizons and established its reputation as a dynamic brand. It has now become a perfect beacon of Italian made designs, a promoter of elegant style and an astute observer of trends who always anticipate new ways of life.

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Pathwaves Announces Grand Opening of its New Location

 June 1 2016,  09.45 AM IST || Pocket News Alert

MIAMI, FL / May 25, 2016 – Pathwaves, a revolutionary program for some of today’s most prevalent emotional and behavioral conditions, announces the Grand Opening of their new center.

The new facility will host an invitation-only open-house on Thursday, June 23rd, from 4:00  to 7:30pm, at their new location where guests will enjoy sangria and tasty bites courtesy of Taco Rico, a wine tasting by Miami After Dark Wines, Ice Cream by San Bernardo, Pravda Vodka as well as a 12-minute  Neural Empowerment session.

The Pathwaves process is built around a non-invasive methodology called Neural Empowerment, developed by the center’s Founder and Clinical Director, Geoff Cole.

“The best way to grasp the hard science behind Neural Empowerment is to experience it first-hand. We can all benefit from finding greater balance and control, and I’m very excited to show people how at our Grand Opening,” stated Geoff Cole. “At Pathwaves, we say, ‘Balance is Power,’ and I know people are going to understand why, once they experience it,” he added.

“Every Pathwaves program begins with a “brain mapping” session done using standard electroencephalogram (EEG) technology. This measures activity in key regions of the brain that control cognition, happiness, anger, stress, sleep, compulsion and other emotions and behaviors. Upon reading the map, Pathwaves experts are able to identify areas of the brain that are functioning out of stasis – or balance. This lack of balance lies at the very heart of conditions like depression and anxiety. Applying the scientific and holistic principles of Neural Empowerment, Pathwaves guides clients to a state of self-awareness, mindful control and inner balance that many believe is the answer to today’s toughest personal challenges.

Guests will also be invited to add their business cards to a Grand Opening Drawing for a free full assessment and ten complimentary Pathwaves sessions. Additionally, each guest will take home a gift bag and have the chance to purchase program packages at a substantial savings.

Pathwaves is located at 2503 SW 27th Ave. Miami, FL. 33133. To schedule a free consultation or to learn more about Pathwaves, visit (www.pathwaveslife.com) or call 305-858-6616.

About Pathwaves

Pathwaves was co-founded by Geoffrey A. Cole, Clinical Director and creator of Neural Empowerment, a revolutionary methodology that uses the powerful science of neuroplasticity, along with timeless healing modalities to help you attain an ideal state of balance.  Geoff Cole boasts more than three decades of experience in the health and behavioral sciences. As one of the world’s foremost experts in brain mapping and integrated biofeedback, he has helped over 2,000 clients and facilitated more than 30,000 sessions. To learn more, visit pathwaveslife.com or email info@pathwaveslife.com

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