65% new customers and 60% sales from Tier 2 and 3 cities 

5 million items sold across Myntra and Jabong

Bengaluru, December 28, 2017: The nation’s most awaited fashion sale, Myntra’s ‘End of Reason Sale’, held between the 22^nd and 25^th of December, concluded with over 1.7 million people purchasing 5  million products over the four day sale.

Myntra recorded the highest share of first time buyers of 5 lakh customers during the current edition of the sale, of which over 65% came from tier II and III cities and towns. The company processed about 365 orders per minute on average during the sale and has so far completed delivery of 35% of the total items ordered. Sports dominated the sale as the most popular category across Myntra and Jabong, which clocked almost 22% of all sales on the platform. The introduction of social shopping, through ‘Myntra Shopping Groups’, enabled shoppers to avail additional discounts that contributed 20% to the revenues of EORS.

Speaking on the success of EORS-7, Ananth Narayanan, CEO, Myntra – Jabong, said, “With over 5 million items sold, 60% sales from Tier 2 and 3 cities and 5lakh new customers , this edition of  Myntra’s End of Reason Sale has been the biggest ever. We are working round the clock to ensure that all products are delivered to our customers on or before the 31^st of December in order for them to begin the New Year in style.  The Myntra App ranked no.1 app on IOS and as the top shopping app on Google Playstore during the sale. ”

EORS-7 allowed shoppers the opportunity to upgrade and stack-up their wardrobes, days before New Year, making it the perfect occasion to shop for fashion. This edition witnessed over 25 celebrities including Bollywood, Television personalities, Sports and Comedians endorse EORS on social media. The biggest names in celebrities included Hrithik Roshan, Vijender Singh, Sakshi Malik and R Ashwin.

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Herzogenaurach, May 4, 2017

Major developments in Q1 2017:

• Currency-neutral revenues increase 16%
• Gross margin declines 0.2pp as a result of anticipated FX headwind
• Operating margin improves 0.9pp to 11.1%
• Net income from continuing operations grows 30% to € 455 million
• Basic EPS from continuing and discontinued operations up 29% to € 2.26

“We had a strong start into the year, with continued sales and earnings momentum. Our major brands adidas and Reebok as well as all of our key markets posted double-digit sales increases,” said adidas CEO Kasper Rorsted. “As consumer demand for our products was strong across the world, we were again able to significantly improve our profitability despite ongoing currency headwinds. Building on this performance, we are confirming our full-year guidance. We aim to deliver double-digit revenue growth and an over-proportionate profitability increase in 2017 yet again.”

Currency-neutral sales increase 16% in Q1 2017

adidas recorded a strong start into the year with currency-neutral revenues increasing 16%. This development reflects an 18% increase at brand adidas as well as a 13% increase at the Reebok brand. In euro terms, sales were up 19% in the first quarter to € 5.671 billion (2016: € 4.769 billion). Revenue growth at the adidas brand was driven by double-digit increases in the running and outdoor categories as well as at adidas Originals and adidas neo. The major drivers of the top-line improvement at Reebok were strong double-digit sales increases in the training category and in Classics. From a channel perspective, the company’s growth was particularly strong in eCommerce, where revenues grew 53% in Q1.

Revenue growth in nearly all market segments

From a market segment perspective, on a currency-neutral basis, the combined sales of the adidas and Reebok brands grew in all market segments except Russia/CIS. Growth was particularly strong in North America (+31%), Greater China (+30%), Japan (+21%) and MEAA (+15%). In Western Europe and Latin America currency-neutral revenues increased 10% and 9%, respectively, despite difficult prior year comparisons resulting from the sell-in of UEFA EURO 2016 and Copa América related product. Sales in Russia/CIS declined 10% as a result of the challenging consumer sentiment as well as additional store closures. Revenues in Other Businesses were up 4% on a currency-neutral basis driven by increases in Other centrally managed businesses as well as at TaylorMade-adidas Golf. Currency-neutral CCM Hockey sales were down, reflecting sales declines in the licensed apparel business in light of the upcoming transition of the existing NHL partnership to the adidas brand as well as lower revenues in the brand’s equipment business.

Operating margin increases 0.9 percentage points to 11.1%

The company’s gross margin decreased 0.2 percentage points to 49.2% (2016: 49.4%). This development solely reflects the anticipated significant FX headwind in the quarter, which more than offset the positive effects from a better pricing and product mix as well as lower input costs. Other operating expenses as a percentage of sales decreased 1.3 percentage points to 39.1% (2016: 40.3%), mainly as a result of operating leverage in expenditure for point-of-sale and marketing investments, reflecting the different phasing of the company’s marketing spend this year. The company’s operating profit increased 29% during the first quarter to a level of € 632 million (2016: € 490 million). As a result, the operating margin improved 0.9 percentage points to 11.1% (2016: 10.3%). Net income from continuing operations was up 30% to € 455 million compared to € 350 million in 2016. Basic earnings per share from continuing and discontinued operations increased 29% to € 2.26 in 2017 (2016: € 1.75).

Average operating working capital as a percentage of sales decreases

Inventories increased 23% to € 3.609 billion (2016: € 2.939 billion). On a currency-neutral basis, inventories grew 18%, reflecting higher stock levels to support the company’s top-line momentum. Operating working capital increased 17% to € 4.554 billion (2016: € 3.883 billion) at the end of March 2017. Average operating working capital as a percentage of sales from continuing operations decreased 0.1 percentage points to 20.1% (2016: 20.2%), reflecting the strong top-line development during the last twelve months as well as the company’s continued focus on tight working capital management.

Net borrowings increase to € 859 million

Net borrowings at March 31, 2017 amounted to € 859 million (2016: € 809 million), representing an increase of € 51 million compared to the prior year. This development was mainly a result of the utilisation of cash for the purchase of fixed assets as well as the continued repurchase of adidas AG shares.

adidas confirms outlook for FY 2017

For 2017, adidas continues to expect sales to increase at a rate between 11% and 13% on a currency-neutral basis driven by double-digit growth in Western Europe, North America and Greater China. The company’s gross margin is forecasted to increase up to 0.5 percentage points to a level of up to 49.1% (2016: 48.6%). Gross margin will mainly benefit from the positive effects of an improved pricing, product and regional mix as well as further enhancements in the company’s channel mix. Nevertheless, these improvements will be partly offset by the projected increase in costs for the company’s Asian-dominated sourcing as a result of less favourable US dollar hedging rates, particularly in the first half of the year, as well as rising labour expenditures, which are expected to negatively impact the gross margin development. The operating margin is forecasted to improve between 0.6 and 0.8 percentage points to a level between 8.3% and 8.5% (2016: 7.7%), reflecting the projected gross margin improvement as well as an expected decline in other operating expenses as a percentage of sales. As a result, operating profit is expected to grow between 18% and 20%. Net income from continuing operations is also projected to increase at a rate between 18% and 20% to a level between € 1.200 billion and € 1.225 billion (2016: € 1.019 billion).

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Successful leads and business closures indicate decision makers walking the show floor at ACMA Automechanika New Delhi

• 552 exhibitors from 17 countries
• 15,150 visitors during four days
• Over 15 new product launches

India’s leading aftermarket exhibition, ACMA Automechanika New Delhi successfully reinforced its position as a reliable sourcing and networking platform for Indian auto-components and the aftermarket. The exhibition which successfully concluded in March 2017 hosted 552 exhibiting companies from 17 countries showcasing the latest trends in aftermarket and facilitated serious business discussions over the four days. This biennial event, apart from being a showcase of innovations, offered an effective trade platform to wholesalers, distributors, traders and component manufacturers for future synergies and partnerships. On display were the latest advancements and solutions in the fields of parts, systems, tuning, workshop equipment, bodywork & paintwork, car wash, IT & management and the automobile services. New product launches and innovative solutions by exhibiting brands will soon make their way to the Indian aftermarket as many exhibitors reported to have gained successful leads and dealer networks on the show floor.

Exhibitors shared that they were positive about the interactions and expecting strong business in the coming months through the high turnout of business visitors at their booths. International participation for this year’s edition had increased by 40% in comparison to last edition of ACMA Automechanika New Delhi in 2015. There were six dedicated international pavilions from China, Germany, Korea, Singapore, Taiwan and the United Kingdom besides individual exhibitors from Hong Kong, Indonesia, Italy, Japan, Malaysia, Poland, Russia, Thailand, UAE and the USA.

As a true showcase of India’s component industry’s prowess, ACMA Automechanika New Delhi allowed international players to source the best of Indian aftermarket products and technologies besides creating opportunities for business alliances. Since its debut in 2013, ACMA Automechanika New Delhi has grown constantly in both quantity and quality. This year the fair has marked a 28% increase in exhibitors and 25% rise in exhibition space since 2015. Moreover, the exhibition provided visitors an ideal meeting ground with aftermarket players to learn about the opportunities and procure genuine auto-parts, core component technologies and hi-performance aftermarket products from world-leading manufacturers and suppliers.

A total of 15,150 business visitors from India and abroad visited the show, setting a new benchmark with 17% increase in the number of visitors this year. International presence among the visitors was also high and many of them expressed interest in closing deals with the exhibiting companies at the fair.

In order to understand the growing impact of urbanisation, changing customer preferences and choice of vehicle ownerships, ACMA shared a comprehensive study on the “Indian Automotive Aftermarket: The Road Ahead” during the exhibition. According to the findings of the study the Indian automotive aftermarket, which stood at INR. 56,098 Crore (USD 8.4 billion) in 2016-17, is expected to reach INR. 75,705 Crore (USD 13 billion) by 2019-20 growing at a CAGR of 10.5%. This comprehensive study threw light on the vehicle parc analysis, used car market, taxi market, trends and size of the aftermarket, e-tailing and regulations. The Indian automotive component sector is today a USD 39 billion industry, contributing around 4% to India’s GDP.

With an aim to address the rising concerns on counterfeit products sold in the replacement market and spread awareness on road safety, ACMA for the first time also set up a unique safety pavilion titled ‘ACMA Safer Drives’. This initiative on road safety and usage of genuine components allowed exhibitors and visitors to evaluate parts and components and to make well-informed procurement decisions. The opportunity was also utilised for sensitising the visitors towards abiding road safety rules and usage of genuine auto parts.

A two-day conference on ‘Preparing Aftermarket for Digital Economy & Road Ahead’ was also organised concurrent to the fair. The conference popularised the concept of e-commerce and m-wallets and exposed the exhibiting companies, visiting distributors and retailers to new ways of expanding business and transactions. The second day seminar highlighted key trends that stressed upon the future of the aftermarket and covered areas such as vehicle telematics, alternate fuels, vehicle servicing, e-retailing and importantly, GST and its expected impact on distribution channels.

The next edition of ACMA Automechanika, focusing purely on the needs of the growing Indian aftermarket, will be scheduled in February 2019 and will continue to present opportunities in the aftermarket as well as address industry concerns on counterfeit products sold in the replacement market.

For further information about the fair, please visit www.acma-automechanika.in

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1500+ gamers have already won unbelievably exciting prizes like DVD Home Theatre Systems, LED Televisions, Fitbit fitness trackers, gold coins, laptops, mobile phones, tablets, hard drives, power banks, cameras, Kindle e-readers, cash backs, shopping vouchers and a lot more!

New Delhi, April 10, 2017: TicTok, India’s first prize-based trivia mobile gaming app, has received a tremendous response in the first four weeks of its launch with more than 15,000 app installs from Delhi/NCR alone. More than 1500+ gamers have won unbelievably exciting prizes such as Philips wireless handset; Asus Zenfone 3 Max; Samsung Z2; Samsung Galaxy J7; Apple iPad mini; Nikon COOLPIX A100; Philips Speaker System; Sony Full HD LED Television; Sony Wireless Sound Bar; Intex 12500 power bank; Seagate Portable External Hard Drive; and gift vouchers including prepaid cash card worth Rs. 15,000; Flipkart, Nykaa, Amazon gift vouchers worth Rs. 3000 each; and many more. TicTok has registered as many as 5,00,000 gaming sessions of brainstorming quizzes and puzzles on Android and iOS mobile platforms already so far.

In addition to the earlier subscription model of Rs.500 per month, TicTok gaming app is also going to introduce a new plan which allows users to play quizzes at a reduced monthly fee of Rs.250/ Rs.300 for the first month of subscription in which they can win and redeem prizes for games that they play but won’t be able to participate in special challenges. The TicTok app and website have also been upgraded with a dedicated chat support feature to clarify any doubts and resolve any issues promptly so the users can have an awesome gaming experience.

Paavan Nanda, Founding Partner of TicTok games said, “When we had launched TicTok Games, people found it hard to believe that they can really win such amazing prizes just for attempting knowledge based questions. All that is needed is a skill of working on a mobile phone, and knowledge of your interest areas such as Bollywood, automobiles and gadgets, business, education, politics, sports, travel, TV shows, etc.” He further added “India ranks in the top 5 mobile gaming markets of the world and the recent increase in smartphone penetration alongwith access to high-speed data has made a strong business case to tap on to the next wave of mobile users. Our product offers an extra-large scope of entertainment alongwith a real value that can be measured in monetary terms.”

Users living anywhere in India (except Assam and Orissa[1]) can download the TicTok App on Android or iOS platform and register using their Facebook account by paying a nominal subscription fee of Rs.500 (about $7) per month. The app also allows a three-day trial period. Each quiz lasts 15 minutes, includes five-six trivia questions and offers a deal or a prize that is displayed on the screen. Right after the quiz period expires, the user giving all correct answers in the minimum possible time is declared as the winner. Users get to reach higher levels and play for bigger rewards such as Harley Davidson bike, Honda City Car, iPhone 7 by continuing to give correct answers for various quizzes at each level.

TicTok app can be downloaded on Android or iOS platform and register using their Facebook account.

About TicTok Games

Tictok is a trivia gaming platform which helps gamers win goodies and deals every few minutes of the day. Users need to answer simple interest based questions to win exciting prizes with the help of their knowledge. In each challenge, the fastest to finish wins, but even if certain users are not the fastest, they can earn levels and redeem their levels for exciting prizes.

[1] Unlike other states, Assam and Orissa prohibit even games of skill where money stakes are involved.

The post TICTOK GAMES RECORDS MORE THAN 15,000 APP DOWNLOADS, NEARLY 5,00,000 GAMING SESSIONS WITHIN FOUR WEEKS OF LAUNCH appeared first on Core Sector Communique.

12.5 million users and 2.1 million app installs during the mega sale

Bangalore, January 6, 2017: The 5^th edition of Myntra’s End of Reason sale, the country’s biggest fashion sale event, held between 3^rd and 5^th January has concluded with record participation from 12.5 million users.  Myntra registered a 160% growth in revenues with 2.1 million app installs.

Speaking on the success of EORS -5, Ananth Narayanan, CEO, Myntra and Jabong, said, “The End of Reason Sale has become an industry wide event with Jabong’s participation this time and has helped us accelerate our journey to achieve sustained growth at the very beginning of the year. We witnessed a peak of 8000 orders per minute during the first day of EORS and have received over 1.6 million orders during the 3 day sale.  Post demonetization, with this sale we have seen a 900% growth in sales over a normal day.”

Men’s casual emerged as the most popular category with over 5.2 Lakh orders and a growth of 109% from the January 2016 edition of EORS. This was followed by Sports which grew by 94% with 3.9 Lakh orders and Women’s Ethnic wear which grew by 138% with 2.4 Lakh orders.  International brands witnessed a growth of 2.7x in sales in comparison January 2016 edition of EORS.

The preview of the sale which gave VIP slots to 11 lakh customers resulted in 5 lakh items sold in just four hours. EORS-5 has also seen the largest ever engagement with Bollywood and sports celebrities with stars such as Salman Khan, Deepika Padukone, Hrithik Roshan, Virat Kohli, Yuvraj Singh, R. Ashwin and P.V Sindhu promoting the sale.

Systematic planning on the logistics front allowed Myntra to deliver 1.5 Lakh shipments to customers before the end of the sale.

About Myntra:

Myntra is India’s leading platform for fashion brands and pioneer in m-commerce play. Myntra has partnered with over 2000 leading fashion and lifestyle brands in the country such as Nike, adidas, Puma, Levis, Wrangler, Arrow, Jealous 21, Diesel, CAT, Harley Davidson, Ferrari, Timberland, US Polo, FabIndia, Biba and many more to offer a wide range in latest branded fashion and lifestyle wear. Myntra services over 19,000 pin codes across the country. With the largest in-season product catalogue, 100% authentic products, Cash on Delivery and 30-day Exchange/Return policy, Myntra is today the preferred shopping destination in India

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Clocks First Ever Positive GP Month

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Dubai and Sharjah facilities welcome more than 1,400 women for Pap tests to help fight rising number of cervical cancer cases in UAE

Dubai, UAE, 11 July, 2016: Zulekha Hospital reported a record increase in the number of female patients registered for screenings and Pap tests during its ‘Smear, Don’t Fear’ cervical cancer awareness campaign with 1.82 million UAE-based women now at risk of developing the disease.

Inaugurated at the beginning of May by His Excellency Humaid Al Qatami, Chairman of the Board and Director-General of the Dubai Health Authority, the campaign saw more than 1,400 women taking the advantage of free specialist gynaecologist consultations and undergoing Pap tests and  HP vaccines in Zulekha Hospital in Sharjah and Dubai.

“The response we received was overwhelming as the number of women making appointments tripled since last year,” said Zanubia Shams, Co-Chairperson of Zulekha Hospital. “This is a great success and a clear sign that our messages about cervical cancer being preventable through Pap tests and vaccinations get across and empower women to beat the disease.”

The campaign, which ran until 30 June with support from prominent doctors, local cancer campaigners and leading authorities, highlighted the importance of early detection as cervical cancer is the second-most commonly diagnosed form of cancer among women in the UAE.

Citing HPV Information Centre statistics from February 2016, Ms Shams added: “As many as 1.82 million female UAE residents are at risk of developing cervical cancer and our campaign will launch every year until we permanently eradicate cervical cancer from the country.”

Dr Pamela Munster, the campaign’s long-term ambassador and an internationally renowned cancer expert from University of California, San Francisco, said: “Cervical cancer is usually transmitted by a virus that can be completely eradicated and we want to make people realise that by vaccinating both girls and boys from as early age as nine up to twenty-six, it can be achieved.

“The virus takes about 20-30 years to develop into a cancer, so there’s a wide time-frame during which women can act to fight it. Pap smears do not hurt and they are extremely effective in preventing this type of cancer, so we are extremely pleased with the number of women who attended free consultations, received Pap smears and recommendations for the vaccine at Zulekha Hospital.”

To spread the awareness about the cancer and promote preventive screenings, Zulekha Hospital partnered with prominent doctors and local cancer campaigners and leading authorities including H.E. Humaid Al Qatami, Chairman of the Board and Director-General, Dubai Health Authority (DHA), Dr Layla Mohamed Al Marzouqi, Director of DHA Health Regulation & Dubai Medical Tourism Project (DHA), Mrs Neeta Bhushan, Deputy Chief of Mission & Head of Chancery, Embassy of India, and Ms Reem Al Buainain, CEO of Positive Cancer Foundation, Abu Dhabi.

Dr Layla Mohamed Al Marzouqi, Director of Health Regulation Department and the Dubai Medical Tourism Initiative at the DHA said: “I’d like to thank Zulekha Hospital and Dr Zulekha Daud for launching this campaign for the benefit of the community of Dubai and the UAE at large. Dubai Health Authority always organizes as well as supports such health initiatives which are aimed to educate the public about the importance of regular health screening, early detection and disease prevention.”

Throughout the campaign, Zulekha Hospital also organised a series of health talks at public institutions and private organisations including Saipem, Al Bustan centre Dubai, Al Nabooda Dubai, Scientechnic Dubai, Lamprell Hamriyah Free Zone and Lamprell Port Khalid, to engage further with local communities.

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UAE capital’s leading real estate exhibition reports prominent sales, dispelling property market slowdown concerns

Abu Dhabi, UAE, 30 April 2016: Organisers of Cityscape Abu Dhabi have reported that more than 15,000 visitors attended the three-day real estate showcase, which saw numerous property development launches, hundreds of units sold and a record turnout at the Cityscape Abu Dhabi Conference.

The exhibition, held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, took place from 12-14 April at the Abu Dhabi National Exhibition Centre.

Carlo Schembri, Exhibition Manager at Informa Middle East, is confident that the increased footfall and impressive sales reported by developers made the 10^th edition of the exhibition a major success. “Despite slowing economic growth in the wake of low oil prices throughout 2015, Cityscape Abu Dhabi’s visitor numbers were up compared to the previous year,” he said.

“This year, we hosted more than 300 delegates at our conference and we welcomed 15,023 visitors at the exhibition.”

Visitors included property market experts, interior designers, architects, financial and real estate consultants as well as confident buyers who flocked to the stands of local, regional and international developers offering a range of projects on sale.

“I come to Cityscape Abu Dhabi to see new projects in and out of the country, see the prices, and get information about the market – whether it’s going up or down,” said Khalid Abu Houf, Senior Property Consultant from Abu Dhabi and the show’s returning visitor.

“I come here every year and this time it feels there are more projects on show, like Yas Acres from Aldar, or Bloom Gardens’ phase four.”

Developers such as Eagle Hills, Mubadala Real Estate and Infrastructure, and Golden Season Property Management all showcased their latest projects to investors directly on the exhibition floor and reported a large number of purchases, underlining a consumer confidence in real estate investment both within the UAE and abroad.

Brett Gregory-Peake, CEO of Royal Park Mauritius said: “We’ve seen a 50% increase in interest this year on our projects coming from the UAE and we have great hopes for more in the coming years. Cityscape Abu Dhabi has provided a great platform to connect with our audience.

“We see people investing with us for a variety of different reasons. For some, it’s about access to lifestyle, access to facilities. For others, it’s purely for safety reasons and maintaining capital.”

Schembri added: “The sentiment was extremely positive and it manifested through an impressive number of launches and purchases made.  Bloom Holding was just one example of the numerous success stories, selling 70% of their new project Faya half-way through the show and reporting that sales continued to increase to 90% in the two weeks following the exhibition.”

Cityscape Abu Dhabi was supported by Strategic Partner Department of Municipal Affairs and Transport (DMA&T), Platinum Sponsor Wahat Al Zaweya, Gold Sponsor Eshraq Properties and Silver Sponsor Masdar City. Cityscape Abu Dhabi will open its door again from18-20 April 2017. For more information, visit www.cityscapeabudhabi.com

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Dubai and Sharjah facilities welcome more than 450 women for screenings and mammograms as part of breast cancer awareness initiative

Dubai, UAE, 31 October, 2015: Zulekha Hospital, a pioneer in UAE healthcare, has reported a significant increase in the number of female patients registered for screenings and mammograms as part of its new ‘Pink it Now’ breast cancer awareness initiative.

Launched at the beginning of October with the support of Ford Warriors in Pink and Dubai Islamic Bank, the campaign has encouraged more than 450 women to take advantage of the free consultation offer and make appointments at Zulekha Hospitals in Dubai and Sharjah.

“We have been inundated with calls from women across the UAE and have been extremely impressed with the turnout of patients following the launch of our campaign,” said Zanubia Shams, CEO of Zulekha Hospital. “Our intention is to create more awareness of breast cancer and encourage women to get checked regularly.  We are incredibly pleased with the success of the campaign so far and believe it will continue over the coming months.”

The key messages of the hospital’s campaign are to encourage women to arrange regular checks, remind them of the importance of mammograms and self-checking, and show that together the community can help prevent breast cancer if the disease is detected at an early enough stage.

Running until 31 December 2015, women in the UAE over the age of 40 can take advantage of free specialist consultations by Zulekha Hospital oncologists and surgeons as well as receive a free mammogram. The campaign forms part of the worldwide initiative dedicated to building awareness, educating women on breast cancer and empowering them to beat the disease.

Dr. Raja Easa Al Gurg, Managing Director of Easa Saleh Al Gurg Group, Vice Chairperson of the Board of Directors & Executive Director – Dubai Authority & Board of Trustees for the Mohammed Bin Rashid Al Maktoum Global Initiatives, said: “Today, more than one third of breast cancers can be prevented, yet most women are unaware that healthy lifestyle changes can reduce their risks of developing the disease.

“Genetics and family history account for just 5-10% of breast cancers.  Close to 90% are linked to other factors.  Helping women to increase their understanding of risk factors and encouraging healthy behaviours that help reduce that risk, is vital in improving the chances of preventing the disease.

“It is encouraging to see Zulekha Hospital provide women with the information and tools they need to make changes that will significantly reduce their risk of breast cancer.”

While it is more common in women over 40 years of age and those with a strong family history of the disease, breast cancer can affect women regardless of their age, ethnicity, genetics or reproductive history, a fact that was highlighted at the official launch event by eminent doctors, cancer campaigners and breast cancer survivors.  The long-term goal of the campaign is to build awareness, educate women on breast cancer and empower them to beat the disease.

Dr. Layla Mohamed Al Marzouqi, Director of DHA Health Regulation and Dubai Medical Tourism Project, said: “Awareness about breast cancer is critical for early detection and to help save lives.  Initiatives such as the ‘Pink it Now’ campaign encourage women to go for consultations and re-emphasise the importance of mammograms and early detection.”

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Kolkata July 22, 2015: TM International Logistics Limited (TMILL) & Group Companies has reported nearly 17% jump in profit after tax at Rs 42.15 crore during fiscal ended March 31, 2015, against Rs 35.98 crore during corresponding previous year.

While the income during 2014-15 has gone down (851.19 Crs as against 1096.38 Crs in 2013-14), the logistics joint venture of Tata Steel, NYK and Martrade, posted a Profits before tax of Rs 62.15 crore during the fiscal compared to Rs 46.86 crore during 2013-14, registering a rise of 33%.

“Global markets and trade flows faced volatility during the year but the diverse business portfolio of TMILL group comprising  of port operations, shipping, freight forwarding, warehousing, ship agency and tugging were able to ensure growth for the company,” Sandipan Chakravortty, Chairman, TMILL said.

“TMILL had been quick in its response to the changed business environment impacting steel raw material trade flows and rising import demand which was reflected in the port operations of the company handling 11.26 million ton of port cargo during 2014-15 compared to 5.58 million ton in the previous year,” Chakravortty added.

Elaborating on strategic project initiatives of TMILL, Managing Director, R N Murthy said, “we are very excited about running our own trains through participation in Indian Railways’ Special Freight Train Operators (SFTO) Scheme.”

“The scheme offers us vast opportunities to expand our freight logistic business in association with Indian Railways,” Murthy said.

He said that TMILL was exploring opportunities to kick-start operations of private trains for carrying steel coils for Tata Steel under the SFTO Scheme.

TMILL had made several representations with Indian Railways seeking certain modifications and revisions in the SFTO Scheme as a result of which the railways had tweaked the scheme to make it more attractive for operators, Murthy said.

At present, the company is in various stages of completing approvals for internal processes of running such wagons besides finalizing the model concession agreement for operations of SFTO trains, he added.

About TMILL

TM International Logistics Limited was formed in 2002 and is a joint venture company of Tata Steel Limited, NYK Holding (Europe) BV and IQ Martrade.

Headquartered in Kolkata, TMILL operated through its offices in India, UAE, Germany, and China.

TMILL offered a single window end-to-end logistical support for dry bulk, containerized and project cargo with services ranging from port operations, shipping, freight forwarding, customs house agency, inland logistics, warehousing and tugging.

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