ಬ್ರಿಟನ್ ದೇಶದಲ್ಲಿ ಕರೋನಾದ ರೂಪಾಂತರ ಹೊಂದಿದ ಸೋಂಕು ಕಂಡುಬಂದಿರುವ ಹಿನ್ನೆಲೆಯಲ್ಲಿ ಹೆಚ್ಚು ಎಚ್ಚರಿಕೆಯಿಂದ ಇರುವಂತೆ ಜಲಸಂಪನ್ಮೂಲ ಸಚಿವರಾದ ಶ್ರೀ ರಮೇಶ್ ಜಾರಕಿಹೊಳಿ ಅವರು ಕರೆ ನೀಡಿದ್ದಾರೆ.
ವ್ಯಕ್ತಿಗತ ಸಾಮಾಜಿಕ ಅಂತರವನ್ನು ಸದಾ ಕಾಪಾಡಿಕೊಳ್ಳಬೇಕು. ಕಡ್ಡಾಯವಾಗಿ ಮಾಸ್ಕ್ ಮತ್ತು ಸ್ಯಾನಿಟೈಸರ್ ಬಳಸಬೇಕು. ಆದಷ್ಟು ಜಾಗರೂಕತೆಯಿಂದ ಜೀವನ ನಿರ್ವಹಣೆ ಮಾಡುವಂತೆ ಸಚಿವ ರಮೇಶ್ ಜಾರಕಿಹೊಳಿ ಕರೆ ನೀಡಿದ್ದಾರೆ.
ಕೋವಿಡ್ 19 ಸೋಂಕು ನಿವಾರಕ ಲಸಿಕೆಯು ಶೀಘ್ರದಲ್ಲೇ ಮಾರುಕಟ್ಟೆಗೆ ಬರಲಿದೆ. ಲಸಿಕೆಯನ್ನು ಸಹಾ ವ್ಯವಸ್ಥಿತವಾಗಿ ಜನರಿಗೆ ತಲುಪಿಸುವ ವ್ಯವಸ್ಥೆಯನ್ನು ಸರ್ಕಾರ ಮಾಡುತ್ತಿದೆ. ಅಲ್ಲಿಯವರೆಗೂ ಜನರು ಮೈಮರೆಯದೇ ಸರ್ಕಾರದ ಮಾರ್ಗಸೂಚಿಗಳನ್ನು ಪಾಲಿಸಲೇಬೇಕು ಎಂದು ಸಚಿವ ರಮೇಶ್ ಜಾರಕಿಹೊಳಿ ಕಳಕಳಿಯ ಮನವಿ ಮಾಡಿದ್ದಾರೆ.
ಮಾರುಕಟ್ಟೆಗಳಲ್ಲಿ ಸೋಂಕು ಹರಡುವಿಕೆ ತಡೆಗೆ ವ್ಯವಸ್ಥಿತ ಮುನ್ನೆಚ್ಚರಿಕೆ ವಹಿಸಿಕೊಳ್ಳಬೇಕು. ಮಳಿಗೆಗಳಲ್ಲಿ ಕಡ್ಡಾಯ 6 ಅಡಿ ಅಂತರ ಕಾಪಾಡಿಕೊಳ್ಳುವಂತೆ ಗ್ರಾಹಕರಿಗೆ ಸೂಚಿಸಬೇಕು. ಪ್ರತಿದಿನ ಮಳಿಗೆಗಳನ್ನು ಸ್ಯಾನಿಟೈಸ್ ಮಾಡಬೇಕು. ಇದನ್ನು ಉಲ್ಲಂಘಿಸುವವರ ವಿರುದ್ಧ ಜಿಲ್ಲಾಧಿಕಾರಿಗಳು ಮತ್ತು ಜಿಲ್ಲಾ ಆರೋಗ್ಯಾಧಿಕಾರಿಗಳು ಕ್ರಮ ಕೈಗೊಳ್ಳಬೇಕೆಂದು ಬೆಳಗಾವಿ ಜಿಲ್ಲಾ ಉಸ್ತುವಾರಿ ಸಚಿವರೂ ಆದ ಶ್ರೀ ರಮೇಶ್ ಜಾರಕಿಹೊಳಿ ಸೂಚಿಸಿದ್ದಾರೆ.
ಜನವರಿ 1ರಿಂದ ಶಾಲಾ ಕಾಲೇಜುಗಳು ಪ್ರಾರಂಭವಾಗಲಿದ್ದು ವಿದ್ಯಾರ್ಥಿಗಳ ಹಿತದೃಷ್ಟಿಯಿಂದ ಸುರಕ್ಷತಾ ಕ್ರಮಗಳನ್ನು ತೆಗೆದುಕೊಳ್ಳಬೇಕು. 10ನೇ ತರಗತಿ ಮತ್ತು ದ್ವಿತೀಯ ಪಿಯುಸಿ ತರಗತಿಗಳ ಆರಂಭಕ್ಕೆ ಸರ್ಕಾರ ಸೂಚನೆ ನೀಡಿದ್ದು, ಅದರಂತೆ ಜಿಲ್ಲೆಯ ಎಲ್ಲಾ ಶಾಲಾ ಕಾಲೇಜುಗಳೂ ಸರ್ಕಾರದ ನಿರ್ದೇಶನದಂತೆ ಕೊಠಡಿಗಳ ಸ್ವಚ್ಚತೆಗೆ ಆದ್ಯತೆ ನೀಡಬೇಕು. ಸೋಂಕು ನಿವಾರಕ ಔಷಧಿಗಳನ್ನು ಸಿಂಪಡಿಸಿ ವಿದ್ಯಾರ್ಥಿಗಳ ಮತ್ತು ಪಾಲಕರಲ್ಲಿರುವ ಭಯ ಹೋಗಲಾಡಿಸಬೇಕು. ಇದಕ್ಕಾಗಿ ಪ್ರತಿ ಶಾಲಾ ಕಾಲೇಜುಗಳಿಗೆ ಭೇಟಿ ನೀಡಿ ಅಲ್ಲಿನ ಪರಿಸ್ಥಿತಿಗಳನ್ನು ಅವಲೋಕಿಸಲು ತಂಡ ರಚಿಸುವಂತೆ ಬೆಳಗಾವಿ ಜಿಲ್ಲಾ ಶಿಕ್ಷಣಾಧಿಕಾರಿಗಳಿಗೆ ಸಚಿವ ರಮೇಶ್ ಜಾರಕಿಹೊಳಿ ಆದೇಶಿಸಿದ್ದಾರೆ.
IndiaTech elaborates the draft NITI Aayog guidelines on fantasy sports and how it can boost sports in India
National, December 16, 2020 : IndiaTech.Org (TSIA), a non-profit organization focused on building the world’s largest internet commerce ecosystem, recently organized a session to discuss the impact of NITI Aayog guidelines on the Indian Fantasy Sports industry. As a part of the session, leading stalwarts from the industry including Mr. Rameesh Kailasam, CEO, IndiaTech, Ms. Shwetasree Majumdar, Fidus Law Chambers and Mr. Bimal Julka, Chairman, FIFS recognized Fantasy Sports as a great sports engagement platform distinguishing it from online gaming.
The panellists interpreted the draft guidelines and discussed the need to promote self-regulation in order to ensure transparency, accountability and help bring clarity to the Fantasy Sports industry. They believe that, as fantasy sports are predominantly skill-based sports engagement platforms, this move will help differentiate fantasy sports from games of questionable legality in the guise of fantasy sports and create a safe-harbour with defined parameters and mechanisms. The panellists at the session additionally stressed upon the contribution of Fantasy Sports towards the Indian economy highlighting how the industry is expected to contribute INR 13,500 Crores in taxes to the Indian government in the next 5 years and create additional 12,000 jobs in the next few years.
Recognizing the immense potential that the OFS industry holds, Mr. Rameesh Kailasam said, “This endeavour by NITI Aayog is a welcome step in the direction of moving towards regulatory clarity for the Online Fantasy Sports sector. Such an effort would enable both the Centre and States to work in the direction of enabling this sunrise sector which is currently dependent on various court judgements for legitimacy to distinguish itself. With the absence of specific regulation, lack of policy clarity and discretionary interpretations by various State-wise regulatory regimes, the Online Fantasy Sports sector despite being acknowledged as a sunrise sector that engages with sports fans and enthusiasts suffers due to being misunderstood with many other forms of online games that are different. India also has a huge potential of creating more startups in this space that can take on the world.”
Talking about the legal status of fantasy sports, Ms. Shwetasree Majumdar, Managing Partner, Fidus Law Chambers said, “It is encouraging to see NITI Aayog lay emphasis on how fantasy sports should emulate real-world sports. Providing a distinct identity to Fantasy Sports will go a long way in gaining the consumers’ trust and ensuring that all OFS platforms function responsibly and remain compliant with the prescribed format. I believe, it is time that we see a necessary shift away from viewing fantasy sports as an exception to betting and gambling, to eliminate the extant ambiguity that the operators encounter at the state level.”
Talking about contribution of fantasy sports towards sports, Mr.Bimal Julka, Chairman, Federation of Indian Fantasy Sports, said, “The emergence of multiple sports and leagues coupled with rapid improvement in digital infrastructure is witnessing many sports tech innovations. Fantasy sports has emerged as one such innovative tool of engagement that has grown exponentially in the past few years. Fantasy sports has the potential to grow sports in India both – depth and breadth. OFS operators are partnering with not only international tournaments but also at the domestic level. Currently, OFS operators are hosting fantasy sports tournaments for over 10 sports that not only include mainstream sports like Cricket and Football but also upcoming sports like Kabaddi, Volleyball, Handball, Baseball and so on. India has become the largest fantasy sports industry in the world, surpassing the U.S.”
The format of fantasy sports is skill-intensive and non-addictive in nature and has constantly provided an opportunity for newer sports to become popular in the country among sports fans. The formalisation of these Guiding Principles will allow for the much-needed progressive reforms to take place and ensure that the OFS industry is well placed to grow responsibly and safeguard the user experience. IndiaTech in September 2020 had also authored and released a whitepaper on Online Fantasy Sports and the various facets attached to it.
Brigade announces the launch of third mall – Orion Uptown
December 7, 2020, Bengaluru : The Brigade Group, announced the launch of its third mall in Bengaluru as part of its mixed-use development, Brigade Golden Triangle located on Old Madras Road at the Whitefield-Hoskote crossing. The Orion Uptown Mall is over 3 Lakh sqft and is the latest addition to the neighbourhood that also has a 7 lakh sqft commercial office space, a 140-key room Holiday-Inn Hotel and over 800 residential units.
The mall was envisioned to address the much required retail hub that is customer-centric and the perfect blend of a relevant retail mix and convenience shopping. Orion Uptown is well poised to cater to the immediate micro-market, primarily comprising young working professionals and double-income nuclear families with a burgeoning middle income. It is also close to the up-country market and will serve as a welcome pitstop for highway travelers.
Apart from the signature comforts and ambience, the mall features a good mix of fast fashion brands, hypermarket and utility formats such as consumer electronics, international chain of QSRs and entertainment. The leading brands which are currently operating in the mall include PVR Cinemas with 5 screens, Reliance Digital, Health & Glow, Reliance Trends, Max Fashion, Pizza Hut, Flavours of Malabar, Go Colors, etc. And, brands such as Burger King, Taco Bell, KFC and ALL Market (Hypermarket) are opening soon.
“Our approach to Orion Uptown was conscientiously different right from the planning and conceptualization stage to all the way up to execution and launch of the Mall. Instead of leaving it as run of the mill neighborhood mall, we explored every avenue and curated a specific set of factors to offer a high utility immersive neighborhood retail experience of consumer relevance and convenience. By meticulously analyzing the location and its populace, the proximities, road accessibility and nearby towns, we defined our own vision of what the mall should be. I think the real magnitude of our efforts will be evident to anyone who visits the mall. I believe Orion Uptown is so much more than just a neighbourhood mall.” opines Shashie Kumar, COO – Retail, Brigade Group.
Orion Mall has also launched a free Bus Shuttle Service for customers from Kolar and Malur to and from Orion Uptown Mall. We believe that this will make it more convenient for customers of these high potential towns to visit the newly launched mall.
Bangalore, India: Amrut Distilleries, the pioneers of the Indian Single Malt revolution and makers of iconic brands such as the Fusion, Spectrum, Naarangi and Amalgam are celebrating the 10th anniversary of India’s flagship Single Malt Whisky – the Amrut Fusion. To commemorate this landmark day, the Bangalore based distillery is launching a special limited edition Single Malt whisky – the Fusion X (ten) across the world on the 25th of November, 2020.
This launch is also timed to celebrate the birthday of our beloved late. Chairman and MD, Shri. Neelaknta Rao Jagdale – the Father of Indian Single Malts.
Tracing our steps back to 2009, it was our late Chairman and Managing Director of N.R. Jagdale Group, Mr. Neelakanta Rao Jagdale, who in his conviction of offering the best possible product for discerning consumers set about creating a new Single Malt.The effort and the launch of the first Indian Single Malt, Amrut, in Scotland and thereafter in most parts of the globe were instrumental in his widespread recognition as the “father of Indian Single Malt Whiskies”. It was he who defined the final character of Amrut Fusion, as he sat in his summer residence in Nilgiris, 7000 feet above sea level. As Neel kept at mixing peated and unpeated malts in various proportions, the magical formula that he finalized that day went on to become Amrut Fusion Indian Single Malt Whisky, a much appreciated, feted and richly awarded single malt wherever it was launched across the globe. Clearly, as the architect of Amrut Fusion, Neel well and truly gave a new direction not just to his company but to the Indian Liquor industry itself.
Coming back to the present, we have a reason to celebrate, acknowledge and remember. Amrut Fusion X is an ode to our past and our vision for the future. The Fusion X whisky is created after further maturing our Amrut Fusion for a period of 4 years in Px-Sherry casks, adding a dimension to the whisky unlike ever before. This limited edition also deserves a special bottling, and hence this exquisite liquid is presented in a collectible porcelain bottle, adorned with a beautiful print and a sketch of Neel, crafted by one of the foremost names in ceramics – Wade, England. The cork too, has been handpicked and shipped from Portugal, while the bottle will be presented in a jacket made of lush velvet.
The Fusion X, also for the first time in India comes with an integrated NFC chip in partnership with Vlinder, which adds a great level of safety to your collectible bottle. Buyers can tap the NFC on the bottle to be indicated on their smartphones if the bottle has ever been opened, and also access a vast array of information about the whisky on a website.
Amrut Fusion X is a very limited bottling with only 1010 bottles worldwide. In India, this rare symphony will be released in Bengaluru (limited to 60 bottles) at a price of around INR 15000 per bottle and will be made available in select retail outlets.
Quote from Rakshit N Jagdale, Managing Director, Amrut Distilleries
“It’s a matter of great pride to us when people call Amrut Fusion the flag-bearer of Indian Single Malts. Our late CMD and my father Shri Neelakanta Rao Jagdale was in fact the architect of this pathbreaking product and it gives me immense satisfaction to make this special release of Fusion X on his birthday as both a celebration of 10 years of love by consumers around the world and a tribute to his life and legacy.”
· Price band fixed at Rs 59 to Rs 60 per equity share of face value of Rs. 10 each
· Bid/ Offer period to remain open from Wednesday, 2nd December, 2020 to Friday, 4th December 2020
Mumbai, December 1, 2020: Burger King India Limited (the “Company’), one of the fastest growing international QSR chains in India during the first five years of operations based on number of restaurants. (Source: Technopak), will open the Bid/ Offer period in relation to its initial public offer of equity shares of face value of Rs. 10 each (“Equity Shares” and such initial public offer, the “Offer”) on Wednesday, December 2, 2020. The Bid/ Offer period will close on Friday, December 4, 2020. The price band of the Offer has been fixed at Rs 59 to Rs 60per Equity Share.
The initial public offering comprises of a fresh issue of Equity Shares aggregating up to Rs. 4,500 million* by the company (“Fresh Issue”) and an offer for sale of up to 60,000,000 Equity Shares by QSR Asia Pte. Ltd. (“Promoter Selling Shareholder”) (“Offer for Sale”, and together with the fresh issue, “Offer”).
The company has undertaken a pre-ipo placement by way of a: (i) Rights Issue of 1,32,00,000 equity shares to the Promoter Selling Shareholder for cash at a price of Rs. 44 per equity share
aggregating to Rs. 580.80 million pursuant to the resolution of the board dated May 23, 2020; and (ii) Preferential allotment of 15,712,820 Equity Shares to AIL for cash at a price of Rs. 58.50 per equity share aggregating to Rs. 919.20 million, in consultation with the BRLMs, pursuant to the resolution of the board dated November 18, 2020. The size of the fresh issue of up to Rs. 6,000 million has been reduced by Rs. 1,500 million pursuant to the pre-IPO placement, and accordingly, the fresh issue size is up to Rs. 4,500 million.
Bids can be made for a minimum of 250 Equity Shares and in multiples of 250 Equity Shares thereafter.
The Offer is being made in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended (“SCRR”) read with Regulation 31 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI ICDR Regulations”). This Offer is being made through the Book Building Process in accordance with Regulation 6(2) of the SEBI ICDR Regulations wherein not less than 75% of the Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs”) (“QIB Portion”), provided that the Company and the Promoter Selling Shareholder in consultation with the BRLMs may allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis. One-third of the Anchor Investor Portion shall be reserved for domestic Mutual Funds, subject to valid Bids being received from the domestic Mutual Funds at or above the Anchor Investor Allocation Price. 5% of the QIB Portion (excluding the Anchor Investor Portion) shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders (other than Anchor Investors), including Mutual Funds, subject to valid Bids being received at or above the Offer Price. If at least 75% of the Offer cannot be Allotted to QIBs, the Bid Amounts received by the Company shall be refunded.
Further, not more than 15% of the Offer shall be available for allocation on a proportionate basis to Non-Institutional Bidders and not more than 10% of the Offer shall be available for allocation to Retail Individual Bidders in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Offer Price. All Bidders, other than Anchor Investors, are mandatorily required to participate in the Offer through the Application Supported by Blocked Amount (“ASBA”) process by providing details of their respective bank accounts (including UPI ID in case of RIBs, if applicable) which will be blocked by the Self Certified Syndicate Banks (“SCSBs”) to the extent of the respective Bid Amounts. Anchor Investors are not permitted to participate in the Anchor Investor Portion through the ASBA Process.
The Net Proceeds from the Fresh Issue are proposed to be utilised for funding roll out of new Company-owned Burger King Restaurants by way of: (i) Repayment or prepayment of outstanding borrowings of the Company obtained for setting up of new Company-owned Burger King Restaurants; and (ii) Capital expenditure incurred for setting up of new Company-owned Burger King Restaurants, and for general corporate purposes.
The Equity Shares offered in this Offer are proposed to be listed at both BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”, together with BSE, the “Stock Exchanges”) post the listing. For the purpose of the Offer, BSE is the Designated Stock Exchange.
Kotak Mahindra Capital Company Limited, CLSA India Private Limited, Edelweiss Financial Services Limited and JM Financial Limited are the Book Running Lead Managers to the Offer.
All capitalized terms used herein and not specifically defined shall have the same meaning as ascribed to them in the Red Herring Prospectus dated November 25, 2020 (“RHP”).
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