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Maharashtra CM’s wife Smt. Amruta Fadnavis visits Global Champs pre-school in Dharavi on Ram Navami

Mrs. Fadnavis & Ms. Divija grace the 1 st  Annual Day function of the Global Champs preschool center Mrs. Fadnavis to urge Maharashtra CM to encourage more preschools like Global Champs in economically backward areas of the City ‘Global Champs’ pre-school caters to children of lower income groups, primarily in Dharavi slums   Mrs. Amruta Fadnavis (second from right), Ms. Divija Fadnavis (second from left)  cut the ribbon at Dharavi's Global Champs school by Tree House Foundation along with Mr. Rajesh Bhatia (extreme right), MD, Tree House, on Ram Navami day in Dharavi Mumbai Mumbai, Sunday, March 29, 2015 : On the auspicious occasion of Ram Navami,  Smt Amruta Fadnavis (wife of Maharashtra Chief Minister) along with daughter Divija  graced the Annual Day function of Global Champs preschool at Dharavi. Present on the occasion were Mr. Rajesh Bhatia (MD, Tree House Education & Accessories Ltd.), Mrs. Geeta Bhatia (Director, Tree House Education) and Mr. Sanj

Adlabs Entertainment Limited raises Rs 60 crore from anchor investors for its IPO

AEL  allots 27.22 lakh Equity Shares to IPO anchor investors Daiwa India Stock Active Mother Fund, HDFC Infrastructure Fund, Axis Mutual Fund, L&T Mutual Fund and IL&FS Trust Co (Forefront Alternative Equity Scheme) at Rs. 221 per Equity Share aggregating to Rs. 60 crore Public Issue opens March 10, 2015 Price Band fixed from Rs. 221 to Rs. 230 per Equity Share Discount of Rs. 12 on Issue Price (per Equity Share) to all eligible Retail Individual Bidders Mumbai, March 10, 2015: Adlabs Entertainment Limited (the “Company” or the “Issuer”) has finalised allocation of 27,22,135 Equity Shares to Anchor Investors Daiwa India Stock Active Mother Fund, HDTC Infrastructure Fund, Axis Mutual Fund, L&T Mutual Fund and IL&FS Trust Co (Forefront Alternative Equity Scheme) at Rs. 221 per Equity Share aggregating to Rs. 60.16 crore. The Company allocated 521,495 Equity Shares (19.16% of Anchor portion) to Japan Trustee Services Bank Ltd. A/C Japan Trustee Services Ba

GJF hails Union Budget and gold related initiatives,seeks more support for Make in India related gems & jewellery initiatives

Urges Govt. to reduce gold import duties to curb black money economy GST regime welcomed but high service taxes, cess will negatively impact jewellery sales Fine print awaited; implementation holds the key to gold monetisation scheme Urges Govt. to allow only jewellers; not banks to be allowed to sell Ashoka Chakra gold coins or as investment proposition to consumers to prevent rise in CAD More Make in India measures needed for manufacturing & jewellery hub Mumbai, March 3, 2015:  The All India Gems and Jewellery Trade Federation (GJF), the national trade federation for the promotion and growth of trade in Gems and Jewellery (G&J) Industry across India, has hailed the Union Budget FY2016 present ed by Finance Minister Shri Arun Jaitley as progressive growth oriented long term economic blueprint. GJF praised the ‘change in attitude’ of the new Government which has progressively stimulated several positive changes in policy such as aboliti

Adlabs Entertainment Limited Public Issue opens March 10, 2015

Price Band fixed from Rs. 221 to Rs. 230 per Equity Share Discount of Rs. 12 on Issue Price (per Equity Share) to all eligible Retail Individual Bidders Mumbai, March 2, 2015: Adlabs Entertainment Limited (the “Company” or the “Issuer”) proposes to open on March 10, 2015, a public issue of up to 20,326,227 equity shares of face value of Rs. 10 each (“Equity Shares”) including a share premium per Equity Share (the “Issue”). The Price Band is fixed from Rs. 221 to Rs. 230 per Equity Share. The promoters are Mr. Manmohan Shetty and Thrill Park Limited. The Issue comprises a fresh issue of 18,326,227 Equity Shares (the “Fresh Issue”) and an Offer for Sale of 2,000,000 Equity Shares (“Offer For Sale”) by Thrill Park Limited (the “Selling Shareholder”). The Bid/ Issue closes on March 12, 2015. The minimum Bid lot is 65 Equity Shares and in multiples of 65 Equity Shares thereafter. The Issue constitutes 25.44% of the Post-Issue paid-up Equity Share Capital of the Company. The Company

Axis Mutual, ICICI Pru Life invest Rs 46.29 cror in Ortel Communications IPO; Public Issue opens today

Price Band fixed from Rs. 181 to Rs. 200 per Equity Share Mumbai, March 3, 2015: Ortel Communications Limited (the “Company” or the “Issuer”) proposes to open today, a public issue of up to 12 million equity shares of face value of Rs. 10 each (“Equity Shares”) including a share premium per Equity Share (the “Issue”). The Price Band is fixed from Rs. 181 to Rs. 200 per Equity Share. The Issue comprises a fresh issue to the public of up to 6 million Equity Shares (the “Fresh Issue”) and an Offer for Sale of up to 6 million Equity Shares (“Offer For Sale”) by NSR-PE Mauritius LLC (the “Selling Shareholder”). The Bid/ Issue closes on March 5, 2015. The minimum Bid lot is 75 Equity Shares and in multiples of 75 Equity Shares thereafter. The Issue constitutes 39.25% of the fully diluted Post-Issue Paid up Equity Share Capital of the Company. The Company and the Selling Shareholder may, in consultation with the Book Running Lead Manager, allocate up to 60% of the QIB Portion to

GJF’s National Jewellery Awards 2015 presented in 26 categories in Mumbai

GJF’s National Jewellery Awards presented to Reliance Jewels, TBZ Ltd., PC Jeweller, Chintamani’s, Mahesh Notandass & Anand Shah, PC Jeweller amongst others Students from renowned institutes from Bangalore, Jaipur, Kolkata, Gandhinagar & Chennai win scholarships worth Rs. 15 lakh “NJA Design Digest 2015” unveiled by Hon. Union Minister for MSMEs Shri Kalraj Mishra   Mumbai, February 26, 2015:  The All India Gems and Jeweller y Trade Federation (GJF), the national nodal trade body for the promotion and growth of trade in Gems and Jewellery sector in India, presented  the fifth edition National Jewellery Awards (NJA 2015), the most prestigious awards in the gems & jewellery (G&J) industry to recognize the immense talent, innovation and creativity of its valued members and associates.  Presented by G.I.A. and Divine Solitaire, GJF NJA 2015 is an industry’s recognition from the industry, by the industry, to the industry.  Mumbai’s Waman

Tree House signs Rs 52.50 crore MOU for sale of land, building at Vadodara

Tree House Education & Accessories Ltd (Tree House) ,  a leading educational service provider operating the largest number of branded self-operated pre-schools in India,  has signed a Memorandum of Understanding (MOU) for sale of its land and building located at Vadodara in state of Gujarat for Rs 52.50 crore. The particular property being considered for sale under this MOU is located at Revenue Survey 49 CTS No 792Atladara, Vadodara, Gujarat and represents the second K-12 school land and building premises fully owned by the company plans to monetize its physical assets while continuing to provide educational services to these institutions.   The company will use the proceeds to move towards a debt free status and deliver strong returns to all our shareholders from the strong cash flows generated by the business. Tree House commenced the business of providing educational services to K-12 schools in 2008 and currently has a portfolio of 24 large format K-12 schools apart from

GJF launches unique Jewellers Identity Card recognised by MSME Union Ministry

Union Minister Shri Kalraj Mishra to unveil the same on February 21, 2015 on the occasion of National Jewellery Awards 2015 Ø   Unique credential and legitimate business undertaking for members Ø   JID offers a variety of value additions that no other comparable ID card does Ø   GJF’s Founder, Life & 5-year members eligible to nominate/ recommend employees Ø   Recognised, Supported & Endorsed by MSME Union Ministry Mum Feb 18, 2015: All India Gems and Jewellery Trade Federation (GJF), the national nodal and the largest single trade body in India for the promotion and growth of trade in gems and jewellery across India, has introduced a first-of-its-kind Jewellers Identity Card (JID), a unique and smart identity card establishing the credential and legitimate business undertaking of its member jewelers and their employees. Union Minister Shri Kalraj Mishra will unveil the same on February 21, 2015 on the occasion of annual GJF event - National Jewellery Awards 201

Tree House Education Q3FY15 net profit rises 24.96% to INR 15.12 cr

Q3FY15 income up 33.67% to INR 53.11 cr ·        Q3FY15 Operational EBITDA  up by 31.13% to  INR 32.17 cr   Tree House is now present in 80 cities across India with 562 preschool network   New cities launched in the quarter are: Ratlam, Jhansi , Hajipur , Agra and Vishakhapatnam February 9, 2015: Tree House Education and Accessories Limited (‘Tree House”), which runs quality pre-schools and also provides educational services to K-12 schools throughout India, posted a 24.96% y-o-y growth in its net profit for the quarter ended December 31, 2014 (Q3 FY15) amounting to INR 15.12 crore. Tree House net profit in the corresponding quarter (Q3FY14) stood at INR 12.10 crore.   The total revenue grew by 33.67% to INR 53.11 crore during Q3 FY15, compared to INR 39.73 crore reported in the 3 rd quarter FY2014.   The EBITDA for Q3 FY15 is INR 32.17 crore compared to 24.53 crore for the 3 rd quarter of FY2013, representing 31.13% y-o-y growth. The operational EBITDA margin for