Alain interiors was started in the year 2009. It’s a private limited company Located in Bangalore.

They specialise in:

• 2D & 3D Designs
• False ceiling
• Woodwork
• Wallpapers
• Duco painting
• Marble and granite laying
• Modular kitchen and wardrobes
• Furniture & designer Curtains
• Italian sanitary fittings
• Wall cladding designer stones

Client list

• Gold finch (Mangalore)
• Jain Group of Institutions (Bangalore)
• Prestige Acropolis
• Mantri splendor
• Apple spire
• And many more residential and commercial projects

Contact

Name: Ommer Shariff

PH: 9886298697

E-Mail: ommer@alain.co.in

Website: www.alain.co.in

Office: HBR 2 nd block,Bangalore,Karnataka.

Hyderabad based startup, MYD Labs Private Limited, built an advanced tax engine for filing platform EZTax.in to raise the bar in tax compliance, ease of use, and tax savings. It takes just few mins to file your taxes and plan for savings at the same time.

Problem: While tax compliance is low over the years, Indian Tax payers used to have two broad choices in filing their IT Returns. One to pay Rs. 1000's in potential filing fees to get their tax savings thru experts, and another to lose Rs. 1000's in potential tax savings thru low cost online filing solutions where it offers only to file but no potential to plan, save their taxes.

Solution: Now, EZTax.in built to break this ice in introducing a concept of tax planning, savings while filing your IT returns. According to Suneel Dasari, Founder MYD Labs, "today fees for expert based tax optimization is towards Rs.2500 or
higher, and that too, no such solution available in self-service / online mode. Tax Optimizer, is a unique solution offering part of FREE self-service tax filing service, that shows recommendations to save your taxes online with real time simulation, including today vs to-be comparison to take the right choices while you file your taxes". He further continued in making tax filing an experience at EZTax.in rather a compliance thing. The product further offers many of the features that are not part of the mainstream tax filing solutions in India.

Their India's 1st features include EZHelp to make tax filing easy without prior knowledge, Express Filing feature to simplify the tax questionnaires, Tax Optimizer feature to save taxes and provide real-time estimated refund, Creative Audit to reduce potential IT notices to give the tax payer the peace they deserve, High Security including 256-bit encryption to protect privacy of tax payers, coupled with best user experience, makes this portal a unique and innovative. The portal also adopts to your device whether a phone, pad or a PC.

On Feb 28th 2017, Omega Healthcare Management Services finalized the acquisition of WhiteSpace Health – a US-based healthcare analytics company with a development facility in Hyderabad, India. This move enhances the services provided by Omega Healthcare as well as giving it a new geographical footprint, its 5th in India.

This first acquisition gives Omega Healthcare an immediate technology advantage. WhiteSpace Health’s guided business intelligence platform enables better patient outcomes and improved financial performance using advanced data analytics. This cloud-based platform unlocks the data asset value by integrating data from multiple sources including call center, patient portals, Electronic Health Records(EHR), Practice Management Systems (PMS) and billing systems.
The solutions help healthcare providers improve practice engagement, reduce cost, improve productivity and also meet the reporting of core measures.

Gopi Natarajan, CEO and co-founder of Omega Healthcare, says, “We are excited about this acquisition especially because of the huge technology based value-add we can now offer our clients. The new suite of technology services available from WhiteSpace Health’s repertoire is what many of our clients have been seeking, and we look forward to integrating it with our service offerings.”

Sasanka Yella, Founder and CEO of WhiteSpace Health adds, “We have built a fantastic cloud-based analytics platform that can interface with any system, and our dashboards provide easy-to-use analytics to clients. I see immense synergies with Omega Healthcare, and leveraging its vast client base will enable us to get to market quicker.”

Omega Healthcare Management Services a front-runner in the healthcare service space in India was founded in 2004, with presence spread across Bengaluru, Chennai, Trichy and Bhimavaram in India, and Manila & Cebu in the Philippines. Omega handles high-end, value-driven work pertaining to medical coding, Revenue Cycle Management (RCM) and related work for large US based companies. With a growth rate of 30-35% year-on-year, the organisation currently has 12,000 employees.

To read more on the organizations: http://whitespacehealth.com, http://omegahms.com.

As the New Year 2017 began, Future Group’s. Central offered a never before shopping experience to shopaholics with 3 Days FREE Shopping. With best deals on over 200 brands at unbelievable discounts, spanning across varied categories such as apparel, footwear, handbags, sportswear, jewellery, travel gear, lingerie, toys, sunglasses et al.

The 3 days of Free Shopping Weekend made every shopper’s dream come true. One could pick up any apparel, footwear, handbags, sportswear, Jewellery, travel gear, lingerie, toys, sunglasses et al worth Rs. 8000 MRP for which one had to pay only Rs. 4000 and can get that Rs 4000 back too through free garments worth Rs. 2000 MRP, free shopping vouchers worth Rs. 1500/- and free Future Pay Wallet credit worth Rs. 500/- This is the 1st time ever a consumer had it all for Free as confirmed by Store Manager Umesh Agnihotri of Dahisar branch. Marketing managers Neha Sinha & Charanjeet Malik welcomed the media @ the event.

3 days Free Shopping was their attempt to provide all customers with a never – seen – before shopping extravaganza. Central was launched with a primary intention to offer the best & the latest options to the fashion conscious consumers. The 3 Days Free Shopping enabled the consumers to not only access 100’s of brands but also made them almost Free. This shopping deal was held at all the 35 stores of Central Pan India. Model actress Ekta jain came specially to wish them all the best.

N. K. Dhabhar Cancer Foundation & Tata Memorial Centre Organised A Conference On Gynecological Oncology With 265 Doctors From Pan India At Tata Memorial, Parel.

N. K. Dhabhar Cancer Foundation (NKDCF), is a registered NGO which provides financial, emotional & social support to people with cancer & instills confidence, hope & courage to the patients & their families.

N. K. Dhabhar averred, “Our endeavor is to promote & integrate cancer treatment for every patient whether curable, palliative or terminal, as we believe every person has a right to live with care & dignity, at any stage of cancer. We provide monetary & medical assistance for cancer treatment, spread awareness on prevention & early detection of cancer, strengthen the existing cancer treatment facilities, promote research in cancer, and interact with National, International, Government, Professional Bodies & NGOs.”

N. K. Dhabhar continued, “Cancer detection camps are conducted with a new technology – I Breast Exam (IBE), and free Mammograms are provided to those who need further investigation. The long term goal of the foundation is to start a full – fledged Palliative Care & Wellness Center for cancer patients. Through this multidisciplinary approach, we seek to address physical, emotional, spiritual & social concerns that arise with advanced cancers. The N. K. Dhabhar Cancer Foundation wishes to raise funds to establish this state of the art center.

He concluded by saying, “Cancer has become an important public health problem. Cancers of the female reproductive tract & breast has a high incidence amongst Indian women. In India women’s diseases face much more challenges than the disease itself. If you talk about anemia, for the last 50 years, the Government has provided iron tablets to Indian women. In spite of that, India has one of the highest cases of anemia. So the problem is far greater than only affordability & access to the drug. We need to be working on many other barriers that are preventing access to medicines. For us, it is about completing the circle of awareness, diagnosis, advocacy & access. With a focused approach of redefining the standard of care & improving health outcomes, we see an opportunity of changing the way women’s cancers are treated in India. Step by step, day by day we can make a difference.”

N. K. Dhabhar Cancer Foundation, in scientific collaboration with Tata Memorial Hospital & the Association of Gynecological Oncologists of India has organized an important & unique conference, “The Year That Was 2016 & Master Class in Gynecological Cancers”.

The Organizing committee comprised of Dr Boman Dhabhar as Chairperson, Dr Amita Maheshwari as Organising Secretary, Dr Sudeep Guta as Convener Scientific committee & Drs Hemant Tongaonkar & Amish Dalal as Patrons.

This is the 1st ever conference organised on Gynecological Oncology in India. Day One of the conference saw 265 oncologists & students of oncology participating in the sessions. The faculty were eminent doctors in the field of Gynecological Oncology from all over India. The international faculty consisted of Dr. Jaime Prat, Onco Pathologist from Spain & Dr. Krishnansu Tewari, Medical Oncologist from US.

This conference will provide valuable information regarding new treatment algorithms, targeted drugs, diagnostics, strategies for better use of chemotherapy & key clinical trials data for the management of patients with Gynecological Cancer.

Landmark publications from International journals & abstracts which were presented in important International conferences such as ASCO, SGO, ESMO, ESGO, IGCS et al were reviewed. These topics were discussed & debated, which will help in better understanding of new treatment options for cancer patients. The knowledge of the most recent techniques & data for developing new strategies to personalize therapies for patients is extremely essential for Best Practice.

This will be especially useful for the young doctors who are unable to attend these international conferences in which a significant amount of practice changing data that affects the optimal way to treat, manage & care for patients with Gynecological Cancers have been presented.

Alongside the conference, NKDCF had organised a Patient Advocacy Programme on 7th Jan, 2017. The session began with Yoga & Cancer workshops where patients experienced asanas, pranayama & relaxation / meditation with Dr. Swami Nirmalananda Saraswati. The participants felt relaxed & rejuvenated with the practices and the words of wisdom pepped them up to face challenges positively. At the end everyone sang the Happiness Song together with clapping & dancing and much merriment.

This was followed by a session on Diet & Nutrition with Celebrity Master Chef, Vishnu Manohar & Meghana Kumari, Dietician. The audience participated whole heartedly by quizzing them on varied aspects of food & diet and the myths surrounding these. Vishnu Manohar shared some healthy recipes for cancer patients & Meghana Kumari enthralled them with useful & important tips on diet & food. The program concluded with a session on Motivation by Bharati Golatkar. She highlighted the paradigms we all have and how a shift in them changes our approach. She also discussed Dr. Viktor Frankl & his logo therapy.

Over 100 patients & caregivers were unanimous in their clamour for another program like this and gave excellent feedback on the sessions.

Dr. Urjit Patel has been appointed the new RBI Governor. His appointment should be perceived as a continuity of monetary policy approach as Dr. Patel has been the RBI deputy governor under Dr. Rajan and key author of the Urjit Patel Committee report (on which India’s flexible inflation targeting monetary policy framework is based). Dr. Patel, an economist from Yale University, has served at IMF and in various corporate & government roles in his professional life. Over the next few weeks, the government will also constitute the Monetary Policy Committee (MPC) wherein policy decisions will be taken based on the committee’s majority view.

Once the MPC is set up, one needs to monitor 2 things. First, how the MPC reads the CPI mandate of 2-6% range and will there be any change in the glide path to 4% target by January 2018. Second, the committee’s stance on the 1.5-2.0% real rates objective which the central bank has been following over the past 3 years. Both these will be crucial in assessing the future scope of monetary easing. For now, we continue to maintain our expectation of another 50bps easing in balance FY17.

Dr. Urjit Patel: Brief profile
Current position: RBI deputy governor in charge of monetary policy since January 2013.

Educational background: PhD from Yale University and M.Phil from Oxford University.

Key beliefs on economic policy: Author of the Monetary Policy report which recommended flexible inflation targeting policy with headline CPI of 4 +/-2% as target. He has been a strong proponent of continued fiscal consolidation. Monetary policy stance is likely to be a continuation of the current one.

Past professional experience: Worked at IMF from 1990-1995. From 1995-2004, he has worked with RBI and Government of India in various high level committees. From 2004-13, he has served various corporates such as Advisor, Boston Consulting Group, IDFC, Reliance, etc. Deputy Governor since January 2013.

Key things to monitor going ahead
Monetary Policy Committee: A committee of 6 members will be set up to take policy decisions based on majority. The governor will carry the decisive vote in case of a tie.

Change in CPI glide path of 4% target by January 2018: RBI’s current policy targets CPI inflation of 4% by January 2018. One would need to monitor MPC’s stance on the same and how it reads the 2-6% CPI target.

Real interest rates: Over, the past 3 years RBI has tried to maintain 1.5-2% real interest rates. One needs to see if this will be continued or will there be some relaxation.

As many of you would be aware, the Federation of Karnataka Chambers of Commerce & Industry known as FKCCI is the apex body in the State of Karnataka for Industry, Trade and Services. This was founded by none other than Bharat Ratna Sir M V who was a genius engineer and a great visionary. FKCCI has just completed its 100 years of successful journey and I was elected to take over as the 100th President of this iconic organization with effect from 1st July this year. It is now my responsibility to steer this organization to adapt itself to convert the challenges into opportunities. The Federation should continue to act as a spokesperson for Trade, Industry & Commerce and be a trusted partner of the Government and provide timely inputs to policy making by the State as well as at the Centre.

In this direction, I will assure you that me and my team have started well in earnest and in the very first month, we were able to organize a major event on Income Declaration Scheme 2016 which was attended by the Finance Minister of India, Shri.ArunJaitely. We collaborated with the Income Tax Department in organizing the event.

This month we are partnering with the Media Today Group in organizing the AgriTech Exhibition and Congress at BIEC from 26th to 28th August 2016.

Next week, I am visiting United States to participate in the AKKA World Conference. I am delighted to inform you that I have been invited as a Special Dignitary by the President of The Association of Kannada Kootas of America (AKKA) who will be organizing the 9th World Kannada Conference in Atlantic City, USA from 2nd to 4thSeptember 2016. The President of the Association has requested me to lead a Delegation from Karnataka to participate in the Conference.Apart from participating in the Business Forum and speak on various Business and Investment opportunities in Karnataka, the following issues would also be discussed:

1. FKCCI which is the apex Trade and Industry Body in the State of Karnataka would honour an NRI personality from Karnataka who has contributed significantly for the economic development of his mother State.

2. FKCCI would be the main facilitator of investments into Karnataka by the NRIs from Karnataka. FKCCI would particularly provide a platform for promoting Cross-Border entrepreneurship. The Start-Ups from Karnataka to be incubated in the US would be an objective.

3. AKKA in collaboration with TiE would explore the possibility of setting up an Invest Karnataka Fund and FKCCI would facilitate in identifying suitable opportunities for investments.

As I mentioned, Sir M Visvesvaraya, our founder was born on 15th September. To express our gratitude, we celebrate his Birthday as the Founder’s Day and we confer a Sir M V Memorial Award on a great personality who has contributed to the economic development of Karnataka and who has also excelled in philanthropy. Our Awardees include Shri.N.R.Narayana Murthy, Ms.KiranMazumdar Shah, Shri.AzimPremji, Shri.NandanNilakeni and others. This year the award is being conferred upon Dr.M.K.PandurangaSetty who is a well-known industrialist, more importantly an educationist, Rotarian and an intense philanthropist who has believed in giving back to the Society.

Let me share with you yet another great event we are preparing for. Shri.NarendraModiJi, our dynamic Prime Minister who made us remember that we are proud Indians has agreed in principle to inaugurate our Federation’s Sir M V National Economic Conference. The convenient dates are awaited from the PMO and we are hopeful that it will be at the end of October or the beginning of November this year. It will be a large event where we would have decision makers as speakers who would deliberate on topics such as Re-Designing the financial infrastructure of India to meet global challenges, Policy measures to make India a ten trillion dollar economy. We would keep you informed of further details.

As I mentioned, we have just completed our first century of existence. Traversing one hundred years successfully is a great thing for any organization. To commemorate the success, we are building a Centenary Auditorium Complex, just behind this Heritage Building. It would have a large auditorium with a seating capacity of around 300 and 8 different Halls / Conference Rooms that would facilitate capacity building programs, workshops, Seminars, Skill Development Programs and more importantly, house the Sir M V Economic Research Centre that would take up issues of practical importance in the field of Industry, Commerce and Economy.

I would like to mention here that Shri.SiddaramaiahJi, our beloved Chief Minister is appreciative of the significant role played by the Federation in promoting the economic development of the State by various programs including creating Tax Awareness, Tax compliance, Skill Development, Policy inputs etc., and has granted Rupees ten crores for the Centenary Auditorium Project. Apart from, training, Capacity Building and Research, the Auditorium complex provides facilities for business development at the Centre of Bengaluru.

We would also be organizing a Green Summit sometime around February – March next year. Green Summit is now a brand of FKCCI and the event will showcase energy related products, technologies and important issues will be discussed at Seminars during the event.

Many of you would be aware, that the PravasiBharatiya Divas is being organized by the Central Government in Bengaluru from 7th to 9th January 2017 in collaboration with the State Government of Karnataka. This is a major event wherein 5000 to 6000 NRIs are expected to participate. Around that time, FKCCI is planning to organize a Tourism related event that would showcase various products from Karnataka, diverse culinary delicacies, so that the whole of Bengaluru could turn itself to welcome the visitors and create a festive ambience making it a shopper’s paradise. We want to promote Tourism and for every visitor we want to make it an enjoyable experience.

We are also interested in organizing a major event centering around education. Karnataka is the hub of higher educational facilities. We would like to gather all the stake holders not only from within the State but, from outside the State and from abroad so that the opportunities available could be projected in an optimal manner to promote further collaborative efforts in this field.

Similarly, Karnataka has been an important Centre for the manufacture of parts and sub-assemblies for the aerospace industry. However, defence industry is also interested in developing innovation and also to procure products from MSMEs in Karnataka. Boeing and Airbus are also interested to source their products from Karnataka. Accordingly, we would like to organize a Vendor Development Program that would be of mutual benefit.

In the field of ITBT, Karnataka has been a pioneer. The eco-system that has been created has served the sector well so far. We need to get geared up for the Internet of Things (IoT) and for further development in this sector to ensure investments, innovation and job creation. We are going to organize an event to give fillip to our objectives.

We are also coordinating efforts for Skill Development programs which will be taken across to all Districts in Karnataka. Health facilities to reach out to the nooks and corners of the States would be possible through telemedicine. Bricks and mortar facilities need a lot of funding and a large number of trained personnel. We are collaborating with a large telemedicine company to create the necessary infrastructure so that the delivery of healthcare could be built on this platform.

The Federation, over the decades has been organizing several of our flagship events that include MANTHAN, a talent nourishing event where college students are encouraged to come up with viable business models. We have Export Excellence Awards event, Innovation Awards Event and many such. All these would continue but, with greater vigor.

My ambition is to make FKCCI an internationally known credible organization. We would like to make the Federation known for its intellectual inputs including research on practical economic issues affecting the State. More importantly, it should be an effective spokesman and a bridge between the Government and Trade, Services & Industry. We would like the Federation to have a significant digital presence, active through the social media and leverage technology to identify and deliver programs and facilities for the benefit of the members.

Friends, this is only the beginning. I would be keen to meet and interact with you at regular intervals. I would be available for you at any time you want. If you have any queries, seek any comments or want to suggest anything to me, you are most welcome.

The Edelweiss consumer pack’s (excluding Nestle and United Spirits) revenue growth, as per IND-AS, tapered to 6.4% YoY (7.8% YoY in Q4FY16 as per I-GAAP). Price cuts by Dabur, Marico, Pidilite and impact of seasonality on Godrej Consumer’s household insecticides (HI) dented growth. Gross margins tapered QoQ, but YoY expansion sustained for 17 of 21 companies (expanded for 16 of 21 in Q4FY16). EBITDA grew 11% YoY (15% in Q4FY16) despite HUL, Dabur and GCPL pruning ad spends on absolute basis. We anticipate price growth to return in H2FY17 following increase in raw material prices (milk, wheat, copra, palm oil etc., prices are up; food inflation at 11% plus a near-term concern for lower end of urban). Good monsoon, 7th Pay Commission payout and GST are key positives.

Monsoon to ease rural distress ; urban growth perking up
Rural growth tapered further in Q1FY17, however, likely to improve in H2FY17 led by strong monsoon. Urban growth, especially in general trade, remains soft, but modern trade is growing at a faster clip—a green shoot. While paint companies—Asian Paints, Berger Paints—sustained double digit volume growth at ~11% YoY each, Pidilite’s volumes jumped 9% YoY. ITC’s cigarette business clocked 3% YoY volume growth (positive after 12 quarters). In staples, while Marico and Emami posted strong domestic volume growth of 8% and 6.4% YoY, respectively, the same was soft for HUL and Dabur at ~4% YoY each. With demand likely to improve gradually, step up in innovations will be the key differentiator (Nestle stands out with ~25 innovations in past few quarters).

Softer ad spends boost margins; price hikes anticipated
Though gross margin growth tapered QoQ, it expanded YoY. However, rise in prices of palm oil, crude & crude-linked raw materials, sugar, flour etc., and likely bottoming out of copra led to some price hikes. While Britannia hiked prices ~5% YoY in the later part of Q1FY17, Marico raised prices of Parachute 5% in July 2016. PFAD prices have risen , which will trigger reversal of promotion/price cuts in soaps. Ad spends as a percentage of sales for HUL, Dabur, GCPL and Jyothy Labs dipped and hence aided some margin expansion—ad spends of Marico, Emami and Colgate remain robust which was validated by better volumes. Intense competition from Patanjali is prompting players like Dabur to step-up promotions, Anniversarisation of phasing off of excise benefit impact for most players will lead to pricing-led growth in FY17. GST rates will be a key monitorable for most consumer companies especially ITC.