P. Vinod Kumar Reddy assumes charge as Zonal Head of Bank of Baroda
P. Vinod Kumar Reddy has taken over as Zonal Head, Kolkata Zone of Bank of Baroda. Prior to this, Reddy was heading the Rural Agri Banking Dept. of the bank as General Manager. He brings with him 35years of vast experience in mainstream banking operations in various capacities including Regional Head of Vijayawada, Hyderabad & Bangalore South Regions.
Jindal Stainless collaborates with Braithwaite & Co. for revamping infrastructure
Jindal Stainless signed a Memorandum of Understanding (MoU) with Braithwaite and Co, a Government of India undertaking under the Ministry of Railways, to develop stainless steel foot-over-bridges (FOBs), road-over-bridges (ROBs), on the sidelines of the ongoing International Railway Equipment Exhibition in New Delhi with the vision to fulfill railways using world class railway infrastructure in the country by synergising the expertise of Jindal Stainless, India’s largest steel producer and BCL, Indian Railways’ trusted fabrication expert. Commenting on this collaboration, Vijay Sharma, Director, Jindal Stainless, said, “It is motivating to see initiation of multiple FOB projects by the government, with many more in the pipeline.” Commenting on the development, Yatish Kumar, Chairman and Managing Director, BCL, said, “BCL is dedicated to improving the life cycle of bridges and related infrastructure by means of sustainable and reliable raw materials.”
INOX launches Bengal’s first ScreenX Theater
INOX Leisure Ltd (INOX) launched Bengal’s first ScreenX theatre at its mul-tiplex at Quest Mall, Kolkata. ScreenX allows the audience to go beyond theme of the traditional movie screen, utilising a proprietary system to expand select scenes of feature films to the left and right walls on each side. Amitava Guha Thakurta, Regional Director, East, INOX Leisure Ltd. added “We are proud to announce the launch of Bengal’s first ScreenX, which will enable us to offer an unprecedented panoramic 270 degree cinema viewing experience on three walls of the theatre.”
Karvy Private Wealth unveils the India Wealth Report 2019
Karvy Private Wealth launched the 10th edition of ‘India Wealth Report 2019’. This report tracks down every rupee invested by every individual in India.Taking forward the acceleration of wealth growth over the last few years, individual wealth in India grew by 9.62% to reach Rs. 430 lakh crore in FY19. On this occasion Abhijit Bhave, Chief Executive Officer, Karvy Private Wealth, said, “We believe that India’s drive towards a $ 5 trillion economy will have a cascading positive effect on the individual wealth by 2024. We expect the HNI population to touch 1 million over the next five year.”
Thomas Cook India witnesses a strong 25% YoY growth from Kolkata
Thomas Cook (India) Ltd. has observed a strong 25% YoY growth from Kolkata. The Kolkata market also witnessed a 22% growth among the MICE segment. The company registered a 21% growth in demand from travellers in West Bengal and surrounding source markets during Durga Puja holidays. Romil Pant, Senior Vice President, Holidays, Thomas Cook (India) said, “Kolkata is a key source market and the Eastern Holiday region contributes a significant 15% to the overall holiday business. We are witnessing tour packages especially for the European destinations from our discerning customers in Kolkata.”
New campus of MAKAUT
Maulana Abul Kalam Azad University of Technology, West Bengal (MAKAUT) takes a new leap to usher in an all-round development of the Jungal Mahal area by opening a satellite campus at Bankura, within the premises of Bankura Unnayani Institute of Engineering (BUIE). The campus was inaugurated by Prof. (Dr.) Saikat Maitra, Vice-Chancellor, MAKAUT. The ‘Vidyasagar Bhavan’ of BUIE was also inaugurated alongside by Uma Sankar S, IAS, District Magistrate and District Collector of Bankura. This campus the university offers degree courses with employment potential such as B.Sc. in IT, Applied Data Sciences, Data Analytics, BCA, BBA.