The News Scroll 03 October 2017  Last Updated at 1:51 pm | Source: PTI

Bira 91 launches fifth beer in India

Bira 91 launches fifth beer in India

New Delhi, Oct 3 Premium beer maker Bira 91 today said it has launched its fifth beer -- The Indian Pale Ale -- (IPA) brewed in India.

The company has launched the beers in Delhi-NCR, Mumbai, Bengaluru and Pune through promotion across 250 restaurants and bars, Bira 91 said in a statement.

"This is a sort of a homecoming for the IPA. The IPA was perhaps the only beer style made for India, by British brewers in 1800s and pretty much died down from the world after lagers took over," Ankur Jain, founder and CEO of B9 Beverages (the maker of Bira 91) said.

The company's other product range includes Bira 91 White, Bira 91 Blonde, Bira 91 Light and Bira 91 Strong.

The beers will be launched in United States later this quarter making it the first IPA from India to hit global markets, the company said.


Ambuja Cements secures limestone mine in Rajasthan *Ambuja Cements, part of the global conglomerate LafargeHolcim, today announced securing a limestone mine in Nagaur district of Rajasthan.

The company had participated in the e-auction tendering process of Harima Pithasar Limestone block in Nagaur, Rajasthan, Ambuja Cements informed BSE.

"The company has secured an estimated limestone resource of 200 million tonnes at a final bid price of 41.6 per cent of mineral value," it said.

However, the company has not shared the value at which it secured the mining rights.

Junagadh, Gujarat-based Ambuja Cement has a cement capacity of 29.65 million tonnes per annum.

It has five integrated cement manufacturing plants and eight cement grinding units across the country.

New Delhi, Oct 3 The Process plant and Machinery Association of India (PPMAI) today said it has elected Yatinder Pal Singh Suri as its new president.

Suri, an Alumni of IIT Kharagpur, is currently working as MD and India head of Finland-based stainless steel major Outokumpu, PPMAI said in a statement.

PPMAI, an apex body of capital goods industry representing the process plant manufacturers in India, has members from companies serving in industries such as oil and gas processing, refineries, fertilizers, chemicals, petrochemicals, synthetic fibre, and environmental controls.

Suri is also an executive member of various committees in FICCI, CII and other stainless steel industry bodies including ISSDA.

Mumbai, Oct 3 Leading business process outsourcing player Accenture has launched an innovation challenge to inspire and catalyse technology innovation among college students across the country.

The challenge encourages students to adopt new and emerging areas in technology and its applications such as blockchain, security, artificial intelligence, internet of things, and others, a statement said.

The contest will award seven winning teams including the grand prize winner and two category winners. All winners will receive prizes worth up to Rs 1 lakh per member of the winning team, as well as certificates, trophies and a fast- track recruitment opportunity with Accenture. ---------------------------------------------------------- Reliance Commodities launches new trading app

Mumbai: Reliance Commodities, a group company of Reliance Capital, has launched an advanced intuitive commodity trading application available both on the web as well as on the mobilephones.

The platform will enable traders analyse commodities based on seasonality by uncovering certain hidden patterns, a release said, adding traders can tap opportunities by analysing spreads between two futures contracts.

"It will enable traders to decode essential data for unlocking the potential of commodities markets. Empowered with simplified data outcome and in-depth data analysis will help them leverage market dynamics," the company said. --------------------------------------------------------- Ginger Hotels enters Lucknow

Mumbai: Ginger Hotels, the dominant budget hotel chain from the Taj Group, has opened a property in Lucknow.

"Ginger Hotel Lucknow is a 72-key property located within a short drive from the airport and railway station. Ginger is the pioneer and the largest chain of branded budget hotels in the country," Ginger Hotels managing director and CEO Rahul Pandit said in a statement.

-------------------------------------------------------------- Venture Catalysts invest in startup HomeCapital

Mumbai: Integrated incubation centre Venture Catalysts, has facilitated an undisclosed amount of investment into a fintech startup HomeCapital, focused on home down- payment assistance to first time home buyers.

The funding was led by VCats angels Anuj Golecha, Gaurav Gandhi, Ram Joukani, Gaurav Singhvi, Vishal Jhunjhunwaala, Anudeep Jhunjhunwaala, Brijesh Thakkar, Revathi Roy, Jagidsh Gothi, Dipan Dalal, among others, a Venture Catalyst statement said.

-------------------------------------------------------------- Masama elects Sunil Agarwal as president

Mumbai: The Metals and Stainless Steel Merchants Association (Masama), the apex body representing the stainless steel industry, has elected Sunil Agarwal as its new president.

"I have tremendous respect for the work the association does, when our eco-system is rapidly expanding due to extensive innovation on several fronts. I am excited to have the opportunity to be a part of this journey, ensuring that members are involved in shaping the future of the stainless-steel industry," Agarwal, who is also the director of Vinod Cookware, said in a statement.

New Delhi, Oct 3 State-owned Punjab National Bank (PNB) said it organised a cleanliness drive across the country on Monday on the occasion of Gandhi Jayanti in line with the government's campaign of 'Swachhata Hi Seva'.

Led by the bank's Managing Director Sunil Mehta, officials participated in a cleanliness drive around a Metro station in Delhi, PNB said in a statement.

Speaking on the occasion, Mehta said, "Swachhata should be adopted not only in office work spaces but also in the thoughts and deeds while initiating our reach with the industry."


Reliance Commodities launches commodity trading app *Reliance Commodities today said it has launched a commodity trading application which will help investors in taking informed trading decisions.

The platform, available both on the web and mobile, will assist traders in capitalising opportunities swiftly, besides empowering them with detailed understanding of commodity markets, the company said in a statement.

It will enable traders analyse commodities based on seasonality by uncovering certain hidden patterns. The traders can tap opportunities by analysing spreads between two futures contracts.


SSP Group to enter India with three brands *SSP Group plc, a UK-based operator of food and beverage outlets in travel locations worldwide, is entering India through a franchise deal with World Iconic Brand (WIB) hospitality.

The group, which operates in over 30 countries, would introduce its three brands -- coffee shop Ritazza, Upper Crust bakery and Millie's Cookies, the companies said in a joint statement.

WIB, a subsidiary of Franchise India, has taken the master franchise rights of the three brands in India and plans to open around 225 stores.

SSP Group Commercial Director Sukh Tiwana said: "With the continued growth in the Indian market, we were keen to establish a partner that...Had experience of franchising."

Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds.
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