Medical Marvel Makes Life Easier

March 31, 2015, Bangalore: Mrs. Aarti Mehra (name changed to protect identity), a 40 year-old housewife, suffering from over-active bladder (Urgency Frequency) over the past many years, received huge relief from InterStim technology, implanted successfully by Dr. T. Manohar, Urologist, Columbia Asia Hospital. The surgical procedure was conducted on 9th February, 2015.

Commenting on the patient’s condition, Dr. Manohar says, “The problem of uncontrolled bladder wasn’t just affecting the patient’s personal and social life but her health as well. However, unfortunately, due to common misconception that uncontrolled bladder is a gynecological problem she kept meeting gynecologists and her problem got aggravated over the years.

Mrs. Mehra lived with the issue of Urgency Frequency for the past many years. She had to rush to void her bladder every 20 minutes, which not only resulted in embarrassment, but also restricted her day-to-day activities, travelling and almost all kinds of social activities. Moreover, because of Urgency Frequency she could hardly get sound sleep at night.

Explaining her condition, Mrs. Mehra says, “With an over-active bladder I was practically living in my living room only. Nevertheless, I consulted doctors and tried other therapies like botox, but didn’t get any relief.  It was then that Dr. Manohar and his team offered us the InterStim Therapy and educated my husband and me on the same. Being convinced, we decided to go ahead with this.”

The therapy helped Mrs. Mehra because like many such sufferers, her problem was neural and not relating to the urinary tract. This problem usually arises when the sacral nerves (S3), which control the bladder and muscles related to the urinary function, fail to communicate correctly with the brain and to tell the bladder to function properly. In the event that the nerves and the brain are no longer communicating effectively, resulting in a bladder disorder, Interstim is designed to imitate a signal sent via the central nervous system.

Commenting on the surgery, Dr. Manohar says, “InterStim Therapy modulates the sacral nerves with mild electrical pulses. This helps the brain and the nerves to communicate so the bladder and related muscles can function properly. This therapy has a trial/test phase and during this phase, the urinary flow and other effects of the stimulation are studied for nearly a week. If the response is good, the electrodes are permanently connected to a small neuro stimulator placed in the hip and the patient is given a wireless remote to regulate his urinary functions.”

However, in case of Mrs. Mehra, the voiding diary which she kept started showing remarkable improvement from Day 3 onwards; from 30 times a day to just about 10 times a day.

The InterStim technology put her life back on track. She is very happy that after many years she is now able to resume her normal personal and social life and most importantly can sleep peacefully at night — something she thought she may never be able to do again during this lifetime.  


KKR, Indium and LeapFrog to invest in Magma Fincorp

Bangalore, March 30th , 2015 — Magma Fincorp Ltd. (“Magma”) today announced that its Board of Directors have approved preferential allotment of equity shares worth Rs 500 crore (~US$80 million) to a clutch of investors including KKR; Indium V (“Indium V”), an investment vehicle advised by India Value Fund Advisors (“IVFA”); and LeapFrog Investments (“LeapFrog”). The transaction is subject to customary regulatory approvals. 

Indium and LeapFrog, both new investors in the company, will invest Rs 220 crore and Rs 200 crorerespectively. KKR, which first invested in Magma in 2011, will inject an additional Rs 80 crore.The company will issue 4.63 crore equity shares at a price of Rs 108 per share (face value of Rs 2 and a premium of Rs 106). 

Magma will use the new capital to grow its business and capture opportunities created by India’s economic growth and improving financial markets. 

For this round of investment, we have carefully selected partners who are firm believers in India’s growth story and believe in Magma’s business model, people wealth, asset quality and outstanding customer relationships in the rural and semi-rural India. They are providers of long-term strategic capital that can help Magma attain the next level of growth. This transaction is not just about capital but the foundation of a lasting partnership. While the Mauritius-based LeapFrog Investments is now one of the world’s largest impact investment funds, investing in financial services companies across Asia and Africa, Indium V is a premier private equity investment fund focused on India. This will be the second investment by KKR into Magma. All three organisations have rich history of working with the management and building world-class enterprises. All the investors share the long term vision of Magma to create a world class financial services organization. We look forward to their contribution across strategic and operational aspects of the organization. Our existing investors KKR, by retaining their stake in the company, have reaffirmed their belief in the growth prospects of the company”, said Mr Sanjay Chamria, Vice Chairman & MD of Magma Fincorp Ltd. 

KKR has been a committed partner to Magma since our original investment. As the Indian economy continues to recover, it has reaffirmed our confidence in the longer-term Indian growth story. We continue to believe that rural and semi-urban financial inclusion will be a key element of this growth and Magma is a unique platform that can actively drive this financial inclusion. We hold the Magma management team in the highest regard and look forward to our continued involvement as they grow Magma to new heights”, commented Mr Sanjay Nayar, Member & CEO of KKR India.

  “Magma has a stellar reputation of transparency in India. This is a long-term investment for Indium in a company which has successfully built a model of financial inclusion through providing equality of opportunity to the disenfranchised. Led by enterprising promoters who have built an impressive platform of sound risk management and credit underwriting capabilities, this investment is re-affirming faith in their winning model. Indium believes that this partnership will help propel the growth in rural and semi-urban segments by promoting consumer credit, agri lending and corporate lending to small-and-medium-scale enterprise”, said Mr Vishal Nevatia, Managing Partner of IVFA on behalf of Indium V. 

“We chose Magma because we believe in the India growth story and believe that it presents the largest potential for financial returns and social impact. Millions of people in India would like to start a business, or plant a new crop, or send their children to school rather than to work. The Indian rural population wants to grow and that’s where Magma has been working for the past two and half decades. The proposed investments will provide Magma with strategic capital and will enable the Company to expand its footprint deeper into these untapped markets, thereby contributing to financial inclusion in India. We hope our investment will give wings to people’s dreams and fulfil the aspirations of millions”, said Mr Michael Fernandes, Partner at LeapFrog. 

Ambit Corporate Finance was the exclusive financial advisor and Wadia Ghandy & Co was the legal advisor to Magma.



Bangalore switches off for the seventh year for Earth Hour 2015

Bangalore Karnataka, 28 March 2015: WWF-India celebrated the seventh year of Earth Hour at Cornerstone Park Indranagar, Bangalore partnering with Cornerstone India. Switching off between 8:30pm and 9:30pm on the last Saturday of March, the Earth Hour is a global people’s movement inspiring individuals from more than 7000 cities across the globe and 150 in India to take a stand against climate change, making it the largest voluntary movement ever witnessed in history.

Like every year, this year’s Earth Hour campaign saw celebrities from various corners of the country, endorsing the campaign. Apart from National brand ambassador, actor Arjun Kapoor, tennis star Sania Mirza, southern actress Priya Mani, Bengali actress June Maliah and Tamil actor Bharath, all voiced their association with the cause and invited citizens of their city to come forward and participate in the initiative.

Emphasizing his support for Earth Hour, Priya said, “I am honored to be a part of Earth Hour.WWF has taken an initiative at the global level that touches the lives of innumerable individuals and helps them understand the severe effects of climate change. The campaign is the voice of a sustainable future.”

Earth Hour 2015 is built around the theme of “India Unplugged”, asking people across the country not only switch off, but also explore and adopt a cleaner and more sustainable lifestyle by embracing renewable energy solutions. The campaign encourages

Individuals to adopt household products powered by renewable energy;

Corporates to adopt renewable energy solutions to run their business operations and production processes;

Governments to promote policies favourable to the production and uptake of renewable energy

Taking forward the theme of renewable energy, WWF-India also launched the “Sahasra Jyoti” or “Beacon for the Sundarbans” initiative during Earth Hour 2015 which aims at bringing sustainable development to the Sundarbans landscape in India, by enabling energy access to 1000 households in the region – all through solar energy. The project, looking to raise funds.

Through a crowd funding model and corporate support, will aim at setting up individual micro solar power stations for 15-20 hamlets covering 1000 households in the Satjelia Island in the Sundarbans region of West Bengal. `

Speaking about the campaign, Mr. Hari Somshekar, State Director, Karnataka, WWF-India said, “Earth Hour brings together people across the globe to express their concern over the global crisis of climate change. In India, the campaign spans more than 150 cities, providing a platform to create awareness on renewable energy amongst individuals, corporate entities and decision-makers, while influencing behavior, opinions and policy to help mitigate the effects of climate change. The campaign’s messaging and open-source model encourages participation in a symbolic switch off and leads people to adopt sustainable practices in order to conserve the finite resources of our planet. This year, Earth Hour hopes to reach out to a much larger number of people than before to promote the benefits of renewable energy”.

Apart from the event in Bangalore, Earth Hour 2015 will also see a large number of events across the country. While cyclothons are being held in Hyderabad, Guwahati and Trivandrum, other events like green fairs and exhibitions of solar energy applications are being organized in Guwahati, Simla and Kolkata. Street plays, signature campaigns, candle marches and music concerts are also being held across the country in Delhi Mumbai, Bhopal, Kolkata, Hyderabad, Simla, Trivandrum, Kochi, Amritsar, Jaipur and other places. Various hotels in Amritsar like the Hyatt, Radisson Blue, Country Inn etc. will also host candlelight dinners for Earth Hour.

Earth Hour 2015 has also seen support from the government, corporates and organizations who have come forward to pledge their support for the cause. The venue for this Event will be Cornerstone Park. Cornerstone Park is a public park located at the heart of Indiranagar, Bangalore. The BBMP Park was renovated by Cornerstone Properties in 2012 as a part of a social initiative that has been shaped to attend to social and environmental concerns of Bangalore and it is well maintained today by our Earth Hour partners Cornerstone India. Bangalore Earth Hour is going to have quite a few lists of events.

The List of events that we are going to have is:

• Yoga Session

• Release of Chinese lantern

• Quiz on Wildlife and Environment

• Candle Light Session

Yoga Session: Total Yoga

Master of Ceremony: Shekhar Vijayan


Builders from across Karnataka Honoured for Their Efforts at the glittering CREDAI Care Awards 2015

Bangalore, March 28th, 2015: The Mysore Hall at ITC Gardenia was abuzz with anticipation at the 2nd edition of the CREDAI Awards for Real Estate (CARE Awards) 2015. Builders from across Karnataka had submitted their nominations across various categories before an eminent jury panel.  The awards were presented across multiple categories for North Karnataka, South Karnataka and Bangalore City.

The awardees list reads this way

Special Awards

–          Outstanding  Contribution for  Realty  Sector – Mr. M R Jaishankar, Founder-CMD Brigade Group

–          Lifetime achievement award – Mr.Ramani Sastri,   of  M/s. Sterling Developers Pvt., Ltd

Bangalore City

–          Best Dwelling above 1500 sqft (Residential) – 27 Park Avenue by Assetz Property Group

–          Best Dwelling below 1500 sqft (Residential)– Spectra Raintree by Spectra Constructions Pvt Ltd.

–          Best Villas and Row Houses – Prestige Silver Oaks by Prestige Estates Projects

–           Best Commercial Complex Brigade Rubix –  by Brigade  Enterprises Ltd

–          Best Plotted Development – Chartered Fireflies by Chartered Housing (P) Ltd

–          Best Innovative Designing (Residential) – Greenage by SalarpuriaSattva  and 27 Park Avenue by Assetz Property Group

–          Best CSR Activity by a developer – Brigade Enterprises Ltd.,

North Karnataka

–          Best Dwelling above 1500 sqft (Residential) – Vishal Skypark by Vishal Infrabuild Ltd – Belgaum

–          Best Dwelling below 1500 sqft (Residential)– Vishal Skypark by Vishal Infrabuild Ltd – Belgaum

–          Best Villas and Row Houses – Suvidha Nestle by Suvidha Realtors & Constructions Pvt Ltd – Hubli

–          Best Commercial Complex – Hussain Icon Centre by Icon Builders & Consultants – Dharwad

–          Best Plotted Development – Kushal Nagar by Siddharth Realty Pvt Ltd – Bijapur

–          Best Best Innovative Designing (Residential) – Brahmananda by Chaitanya Associates – Belgaum

–          Best Shopping Mall – Shradha Mall by Kalaskar Properties Pvt Ltd – Gulbarga

–          Best Innovative Design (Commercial) – Gold Hub by M.G Associates – Gulbarga

–          Best CSR Activity by a developer – Siddharth Realty (India)  Pvt Ltd – Bijapur

South Karnataka

–          Best Dwelling  Above 1500 sqft (Residential) Inland Windsors by In-land Infrastructure Developers Pvt ., Ltd., Mangalore.

–          Best Dwelling below 1500 sqft (Residential) – Brigade Sparkle by Brigade Group – Mysore

–          Best Innovative Designing (Residential) – Bearys Valencia by Bearys Properties and Development Pvt Ltd – Mangalore

–          Best Green Building (Residential) – Bearys Valencia by Bearys Properties and Development Pvt Ltd – Mangalore

–          Best CSR Activity by a developer – Bearys Properties and Development Pvt Ltd – Mangalore

The Program was anchored by Mr. Suresh Hari , Chairman of the CARE Awards 2015, Secretary of CREDAI Bengaluru., with the introduction of the event being held for the second time followed  lighting of lamp by the Founder Member along with Mr. Lakshmi Narayana Commissioner BBMP, Presidents,  & Past Presidents of CREDAI.

Mr.Nagaraj Reddy,President,  CREDAI Karnataka say s, “The CARE Awards is a way for us to recognize members of the real estate fraternity who have done exemplary work in the field and to encourage others to do the same. The CREDAI family works towards improving the real estate scenario in the state and we hope the same message of great work is spread across the country.”

Mr.C N Govindraju, President of CREDAI-Bengaluru said, “This is a platform to recognize the efforts of real estate development across the state. Let these awards be an inspiration for all to excel in their field.”

These winners were chosen by an eminent jury panel made up of Mr.Satish Naik and           Dr  K S Anantha Krishna  based on presentations made in each category.

The chief guest for the evening was the Honourable Minister of Transport and Bangalore Urban, Sri Ramalinga Reddy.

Speaking at this event, Lakshmi Narayana, BBMP Commissioner said, “I am happy to see that these awards recognize efforts made across the state, in places such as Gulbarga and Bijapur, and which areas placed outside of Bangalore. These awards serve as an encouragement to all, to come up with projects that will contribute to the development of the state.”

Anil Nayak, CEO, CREDAI Bengaluru said “When we first envisioned these awards in 2013, we did not anticipate the brilliant response it would garner from the real estate fraternity. It was a pleasure to see members of the CREDAI family come together for this 2nd edition of the awards.”

The evening was peppered with performances by the celebrated Prince Dance Troup from Behrampur, Orissa. Each of the performances had a patriotic twist to them. The youngsters of this troupe are self-taught and are primarily the children of construction labourers. They have opened for major shows such as India’s Got Talent.


Bangalore, March 26th 2015:  After making its mark as the highest watched English Entertainment Channel in 2014, AXN makes a mightier entry in 2015 with an all new programming line-up and schedule. Get ready for a variety of edgy, action and reality television shows with the best of international studios such as CBS, Sony Pictures, BBC, WB, MGM, NBC Universal, Buena Vista International, Fremantle Media, Endemol, FOX and many others. 

THE ALL NEW FPC: Weekdays will never be the same as signature shows like Guinness, Ripley’s, American Ninja Warrior, Wipeout will be aired at 8.00 pm! Followed by reality television at 9 pm with shows like Fear Factor, So You Think You Can Dance, Top Chef, America’s Next Top Model, Survivor, The Amazing Race etc. The 10 pm slot has a host of world famous crime shows which will make the AXN loyalists asking for more with shows like 24, Elementary, NCIS, CSI and many more.  What’s more, the 11 pm slot will set the boundaries higher with edgy and engrossing shows like Dexter, Ray Donovan, Sex and the City, Californication etc. making AXN your one stop destination for reality, crime and edgy programming content. 

Adding to the kitty of enthralling entertainment, Weekends will witness the latest seasons of shows with fresh content airing closer to US dates. Sherlock S4, Supernatural S11, Orphan Black S3, Hannibal S3, Elementary S4, Voice S9 & S10, Madam Secretary S2, Extant S2, CSI: Cyber and Scorpion S3 being some of the best international TV series to watch out for. 

AXN is home to the most iconic shows. Emmy award winner, the critically acclaimed show 24 is coming back on AXN from the beginning starting from April 6th onwards at 10 pm between Mondays to Fridays. Twenty three Primetime Emmy Awards nominated drama series Dexter from season 1 onwards is all set to make the 11 pm slot on AXN a lot edgier. Weeknights are going to be thrill nights – only on AXN. 

Come 6th April, 2015, Thrill will have a new destination. AXN goes HD to redefine your favourite shows.

AXN as a brand has successfully created disruption on social media engagement. With more than 1.7 Million Facebook fans, AXN has an Average Engagement Rate of 6% approx. which is the highest in the category.

Commenting on the new programming strategy and the AXN HD launch, Saurabh Yagnik, Executive Vice-President and Business Head, Sony PIX and AXN says, “Digitisation has opened an interesting opportunity for the Category. For a start issues relating to Distribution and Availability have been addressed. Further, the category has now become more amenable to appointment based viewing. The audience is seeking two kinds of content. One, shows which are iconic and familiar and two, which are served fresh from the US. With strong content partnerships, AXN offers the widest variety of iconic shows in the most diverse genres like premium reality, crime, edgy drama and signature AXN shows. It is home to some of the most iconic characters from various shows. It also offers fresh from US shows on the weekend. On 6th April, the channel will bring to it is viewers two of the most iconic shows “24” at 10PM and “Dexter” at 11PM right from the beginning all Mondays to Fridays. AXN is also seeking to enhance its appeal to viewers with the launch of its HD feed. With this we hope to make Week-Nights Thrill-Nights for our viewers exclusively on AXN and AXN HD”

Action packed April will have Award winning shows 24 and Dexter starting from 6th April, Monday to Friday at 10 pm and 11 pm respectively, adventurous Jack Bauer and vicious Dexter will make weekdays bloody thrilling. Top Chef Masters Season 5 is here to demonstrate some kitchen style combat from 9th April, Monday to Friday at 8 pm. One of the most exciting and longest running reality shows- Survivor is back with it Season 27 from April 27th, Monday to Friday at 9 pm. 

What more…the all new seasons of the much awaited cult shows – Sherlock, Orphan Black and Hannibal are coming back on AXN India this year. So let the thrill begin! 


Metropolis healthcare consolidates presence in South India

Bangalore March 26th , 2015: Metropolis Healthcare Ltd, The Pathology Specialist has announced the launch of its second advanced laboratory in Bangalore. 

Being centrally located, the Metropolis laboratory is expected to be a major hub of Karnataka. The facility will be well placed to offer quality diagnostics to a population of over 20 million people not only through its regular facility but also through its Lab @ Home service in Bangalore and neighboring locality. 

With over 25 years of ground presence in Bangalore, RV Metropolis has specific data and key insights on the local population which has helped us provide superior care to our customers. Adhering to global quality standards in pre-analytical and analytical phase and structuring SOPs for every technical and non-technical department has ensured highest standards of quality in every test and process that we do.  Metropolis stands to its commitment of error free diagnosis and accurate reports and was the one of the first laboratory to acquire national quality accreditation in Bangalore. 

The swanky new facility, spread across 10,000, sq.ft, has dedicated floors for general patients, test processing and corporate clients. The new center is located in the heart of the Bangalore, and is well connected with other collection centers around the town through online reporting and is run by an efficient team of over 200 technicians led by a scientific team of over 25 pathologists, microbiologists, biochemists, etc. The laboratory is equipped with advanced technologies to conduct more than 10,000 medical tests per day which will help us provide the best turn-around time. 

In addition to affordable and accurate testing, the populace of Bangalore is well placed to offer over 4500 tests and test combinations through its central laboratory. With this expansion, patients can avail all their testing needs under one single roof. Understanding the local testing needs, the core pathology services of RV Metropolis are segmented into 7 different functions such as Clinical Chemistry, Clinical Microbiology, Cytogenetics, Hematology, Molecular Diagnostics, Surgical Pathology and a full-fledged Research & Development team. 

Speaking on the occasion Ms. Ameera Shah, MD & CEO, Metropolis Healthcare Ltd., said “We take immense pride to launch our new venture for the populace of Karnataka. This is also our 50th Laboratory in South India. It has been our endeavor to offer accurate, affordable tests at the fastest turnaround time possible.” 

Dr. Ravikumar, MD, RV Metropolis opined opined “RV Metropolis is committed to global quality standards. The laboratory will include routine tests, semi specialized, special, and super specialized test. These will include Hormones, Infectious disease, Allergy, Vitamins, Preventive & Predictive tests, Surgical pathology and special referral tests, Cytology, FNAC, supervised by specialized pathologists.”


Free Computer Training

Canara Bank Institute of Information Technology – a corporate social responsibility initiative of Canara Bank has been providing computer education under both hardware and software streams.  The programs offered are of full time duration and provide excellent opportunity for the educated and unemployed youth (who have completed 18 years of age) to learn computer skills and improve the soft skills via English language and personality.  All the programs offered by the Institute are COMPLETELY FREE.  Thus the Institute brings the expensive computer training within the reach of the common man.

The next program on NETWORK ADMINISTRATION comprising fundamentals of computers, MSDOS, Troubleshooting & Assembling, Laptop & Printer servicing, Network basics, WINDOWS 7, windows 2003 server, Data storage and Red Hat Linux of 90 days duration (full time). The class timings being 9.30 AM to 5.30 PM .Lunch would be served in the afternoon every day.

The next program onOFFICE ADMINISTRATIONcomprising fundamentals of computers, WINDOWS, MS OFFICE, Tally ver.ERP9 of 90 days duration (full time) And Program onDESKTOP PUBLISHINGComprising fundamentals of computers, WINDOWS, MS OFFICE, CorelDraw, Photoshop of 90 days duration (Full Time) are scheduled to start shortly.

Interested persons may kindly contact on phone No. 08023440036/08023463580.