Cadence inaugurates New Facility in Pune

Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced the inauguration of a new facility in Pune, one of four Cadence Research and Development (R&D) facilities in India. The new 27,000-square-foot facility in Commerzone Tech Park will house employees engaged in technology development of various Cadence Tensilica® Xtensa® configurable processors and related products. Cadence acquired Tensilica in 2013, which has had an R&D facility in Pune since 2006.

In the last 28 years, Cadence has built world-class centers in India to develop the cutting-edge electronic design automation (EDA) software, hardware and IP technologies to help build the electronics products we use in our daily lives. The company currently employs approximately 1,580 people in India (regular full-time employees), engaged in R&D, global customer support, field operations, and support functions.

Cadence India was named among the 100 Best Workplaces in India in 2015 by the Great Place to Work® Institute, which is a testament to the vibrant culture that its employees have built in India. Based in Noida, Bangalore, Pune, and Hyderabad, employees in India work as "One Cadence - One Team" to innovate technologies, support the local community with philanthropic efforts, and celebrate customers' successes.

Speaking about the facility, Jaswinder Ahuja, corporate vice president and managing director, Cadence Design Systems (I) Pvt. Ltd., said, "Cadence was among the first technology companies to establish an R&D facility in India back in 1987. Since then, we have grown significantly in terms of number of sites and employees, and also the kind of R&D work that we are doing out of India, and built a strong culture that encourages teamwork, respect, learning, fun and giving back to the community."

Ahuja continued, "The team in Pune is working on cutting-edge development of digital signal processors (DSP) and other IP technology, and the Pune facility is among the best-in-class globally. The new facility provides a conducive environment for innovation and, hence, enable us to attract the best talent."

Cadence's Pune R&D facility is involved with creating world-class software for various Tensilica DSP cores; contributing significantly to RTL verification; developing an integrated design environment (IDE) for the next-generation configurable Xtensa processors; and providing in-depth technical support to worldwide customers.

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CredR clocks Sale of over 1400 Units in a Month

In a record breaking move, CredR - India’s leading online marketplace for listing and purchasing verified, pre-owned vehicles at the fairest value, sold over 1,400 bikes in one month.

In less than a year, CredR has witnessed an aggressive surge in the sales and popularity among the bikers’ community. The lead conversion of sales through the website increased from 31% to a whopping 45%, by just servicing in three cities – Mumbai, Pune and Bangalore.

Recently, CredR also extended its disruptive service of enabling a platform for buying and selling of used bikes to Delhi. The company further plans to expand their reach to more than six cities in this financial year.

Buoyed by the initial response it received from the bike enthusiasts, CredR had unveiled a one of its kind referral programme ‘Captain Campus’ for its young patrons. The pre-designed 6 weeks initiative kicked-off from Pune popularly known as the ‘Detroit of India’. The initiative was launched simultaneously in several colleges of Pune, where students were asked to enroll themselves as referees, to help connect potential buyers with CredR. This programme shared incentives with both the buyer and referrer on the closing of a deal, through CredR. Within a short span of two weeks, the activity garnered enrollment from over 450 students that led to an unprecedented spike in its overall sales.

Through the Captain Campus programme, referees get a chance to earn Rs 1500/- on each bike sold through CredR and a win cash prizes of up to Rs. 75000/- along with a grand Trip to Bangkok on the reference of 50th bike sold. CredR also promises to give away a bike worth Rs. 30,000/- free of cost on the reference of 30th bike sold through CredR.

With the growing popularity and outstanding response gained for ‘Captain Campus’ in Pune, CredR plans to take this activity further to its young patrons residing in other parts of the country too.

Talking about the success of this initiative, Mr. Sumit Chhazed, Co-Founder, CredR.com commented, “We are overwhelmed with the phenomenal response received from our patrons, across markets. Increasingly, we are looking at strengthening our approach towards listing verified and tested bikes for buyers. Our Captain Campus initiative, along with the exclusive services offered by CredR, has been as a catalyst in enhancing the overall experience of buyers and sellers of used bikes. This will help us build trust amongst our valued patrons, and thereby, increase our customer-base across markets in India.”

CredR deals in pre-owned two wheelers that are tested and certified after rigorous checking using 80+ parameters. It aims to make the experience of buying used bikes as convenient and transparent as buying a new one. While buying a bike from CredR one can avail free test ride, free six months warranty and free 1-year roadside assistance. All bikes listed on CredR are expert approved.

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Vistara launches services to Pune

At 6.45 pm today, Vistara took its inaugural flight from New Delhi to Pune. With the addition of Pune in Vistara’s route network, customers can now travel from Delhi to seven destinations- Pune, Mumbai, Ahmedabad, Goa, Hyderabad, Guwahati&Bagdogra and vice versa.The launch of the daily service between Delhi and Pune follows requests from the airport, trade, business community and consumers alike, inviting Vistarato operate on this route. Pune, a thriving commercial hub,has recently been ranked among the highest in the overall quality of life across categories of political, economic and social environment as well as housing and medical provisions.

Speaking on this occasion, Mr Phee Teik Yeoh, CEO, Vistara said: “Pune has some of the well-developed conglomerates present and is one of the major modern cities in India. For Vistara, such destinations offer immense potential as their robust infrastructure and good quality of life ultimately attract more investment, trade and travel. With addition of Pune on its network, Vistara’sfootprint in India continues to grow at a rapid pace with newer destinations to be announced later this year. We are confident that the travelers between Pune and Delhi will welcome the opportunity to enjoy the quintessential Vistara experience.We have received enthusiastic response from our customers when we launched flights to Goa, Hyderabad and recently to Guwahati and Bagdogra. This clearly indicatesa resounding endorsement of Vistara’sunique value proposition.”

Vistara’s A320 aircraft deployed on the route has a capacity of 148 seats and are configured with 16 Business Class seats, 36 Premium Economy seats and 96 Economy seats, which is 20 percent less, compared to many of the single aisle aircraft operators in order to provide greater comfort and personal space to its customers. Vistara’s Premium Economy is first of its kind in domestic skies to offer enhanced comfort and personalized experience at a competitive price.

By the end of this calendar year, Vistara’s total fleet size will grow to nine aircraft.Vistara’s customers can look forward to more destinations and exciting enhancements to its product and services offerings.

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B-school KIAMS Convocation Ceremony held

The emergence of more investors in corporate world provides huge opportunities for the young executives to turn entrepreneurs, Pramod Chaudhari, Executive Chairman, Praj Industries said here.

“Unlike in the past, with so many private equities, angel investors, venture capitalists and others willing to provide funds for start-ups now, it is ideal time for today’s young talent to become entrepreneurs," Mr Chaudhari said.

He made this remark while delivering key note address at a convocation ceremony for the Post Graduate Diploma in Management (PGDM) of Class 2015 of Kirloskar Institute of Advanced Management Studies, popularly known as KIAMS in the B-school world. The event was held in Pune.

Ms. Vaanya Bhatia was awarded the gold medal while Ms. Pranasha Sahu bagged the silver. Class of 2015 is the fourth integrated batch of KIAMS to pass out. Mr. Pramod Chaudhari conferred the diplomas on all the graduating students of Class of 2015 from KIAMS Pune and Harihar in Karnataka.

Mr. Rahul Kirloskar, Executive Chairman, Kirloskar Pneumatic Company Ltd. (KPCL) who presided over the ceremony highlighted that at KIAMS the thrust is to ensure that the graduating students become industry relevant and ready to face competitive environment.

"With academic rigour, branding and strengthening research and other capabilities, KIAMS is set to occupy a position of eminence amongst top B-schools in the country," he said.

Dr. C. N. Narayana, Director, KIAMS reviewed academics and ranking received by KIAMS as well as initiatives being taken to occupy the place among top B-schools and the efforts of faculty-students in the area of research and publication that resulted in publication of papers and cases in national and international journals.

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Infinite Ideas Interiors eyes 50 cr Business in Pune Market

Aiming to design interiors measuring up to 1 million of Sq ft area and profit up to 50-60 crore over the next three years, Infinite Ideas Interiors, India's leading interior design company, announced their entry into the Pune market today with the vision launch of their office at Magarpatta City.

With intention to make every home beautiful, Infinite Ideas Interiors will focus on bringing world class designs fuelled by their technology solutions to Pune citizens.

Infinite Ideas Interiors is an integral part of JBR Interio Technologies Pvt. Ltd. which is supported by Brick Eagle, a leading financial services company based out of Singapore that focuses on affordable housing industry. With a vision to create the most functional, beautiful and affordable spaces by constantly raising the lock, stock, barrel and bar in design, technology and professionalism; Infinite Ideas thrive to deliver absolute customer delight.

A renowned brand with services in new home designs, renovations, commercial spaces, model apartments and villas; the company offers reasonable and custom made (end-to-end) solutions from interior designing, space planning, execution, landscaping and light designing to furnishings. Infinite Ideas Interiors team comprises of Architects and Designers from top Institutes in India, USA, Singapore and Italy, and leaders from the country’s most premier institutes.

Commenting on entering the Pune market, Brinda Goswami, Founding Director, Infinite Ideas Interiors said; “Interior design as a segment in India is roughly growing at a rate of 60% per annum, and is no more a luxury available to the elite few; but is an emerging trend with the double income, nouveau riche, young Indians. Considering this industry trend, we have customised our solutions to range from Rs. 1 lac to Rs. 1 Crore.”

“We are also proud to announce that we have completed many projects in Pune and our target is to beautify more than a 100 homes by the end of this year", she further added.

Vishal Sharma, Head of Sales and Business Development said, “Our Honourable Prime Minister, Mr. Narendra Modi has promised housing for all by the year 2022, when India completes 75 years of its Independence. Furthermore, Real estate body CREDAI says there is a strong correlation between housing and economic growth and a revival in the housing sector will also boost the country's GDP. We are a company tied strongly to this vision and have set our business goal in line with the Prime Minister’s ambition.”

“Real estate growth in Pune will be a key driver to our business and we expect significant growth in revenues in next three years. We aim to expand and grow into 6 new cities every year in India”, he added.

“As a group, we are aiming to complete a million home interiors by 2022,” Brinda concluded.

Infinite Ideas Interiors provide high quality products that are sure to greatly improve the look and feel of any home within affordable price. They have successfully redefined over a million sq. ft. of residential and commercial projects in Hyderabad, Bhopal, Bangalore, Chennai and Mumbai.

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Terrorist Ajmal Kasab hanged

 Ajmal Kasab, the only caught alive terrorist after Mumbai attack on 26/11 in 2008, was hanged today morning at around 7:30 am, at the Yerawada Jail in Pune, according to media reports. The mercy petition of Kasab was rejected by the President of India on November 5.

Mumbai terror attack has been the one of the biggest terror strikes against India in which 166 people were killed in 2008. The Lashkar-e-Toiba terrorist has been in jail facing trials for waging war against India.

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Home ground of Pune Warriors India - Subrata Roy Sahara Stadium

Press Release
Pune, April 6, 2012: The much anticipated opening ceremony of the home ground of Pune Warriors India - Subrata Roy Sahara Stadium in Pune will see the coming together of India’s noted celebrities including Shahenshah of Bollywood, Shri Amitabh Bachchan and Bollywood divas of the likes of Dia Mirza, Sameera Reddy, Priyanka Chopra, Preity Zinta, Prachi Desai, Neha Dhupia, Bipasha Basu and Jacqueline Fernandes. The celebratory evening will be one to remember as it will see an unforgettable fanfare of cultural performances followed by spell of glitz and glamour. The ceremony will be aired on Sunday, April 8 at 6.55 p.m on Sahara One, Filmy and Firangi.

The viewers will experience a remarkable treat of cultural performances with 120 dholak and trumpet players along with 100 lezim dancers showcasing their talent along with an act by 192 cultural dancers. The evening will then be fired up with spellbound performances by the Bollywood divas of the likes of Bipasha Basu, Priyanka Chopra, Diya Mirza, Preity Zinta, Sameera Reddy, Jacqueline Fernandes, Prachi Desai, and Neha Dhupia who will sizzle on the dance floor with their scintillating moves representing various regions of India.


The opening ceremony of the Subrata Roy Sahara Stadium promises to be the biggest entertainment burlesque with an electrifying blend of culture and bollywood put together on the same platform. So make this Sunday your super Sunday by grabbing a seat in front of your TV set and experience a spectacular evening of glitz and glamour.

For Further Information Please Contact:
Phool Hasan
9827092823

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