Youth fashion brand 'WROGN', co-owned by Indian test cricket captain Virat Kohli and Universal Sportsbiz, plans to open 100 exclusive outlets in next three years.
"Today, we retail through 75 Shoppers Stop across the country. The company is looking to open 20 exclusive brand outlets (EBOs) this year and 100 EBOs in the next three years through the franchise route," Universal Sportsbiz (USPL) co-founder Anjana Reddy told reporters here after Kohli inaugurated Wrogn's first EBO.
Kohli said :"WROGN is the new right. My style statement is very simple... Be confident in what you are wearing and it will look good on you. You have to be comfortable in what you wear and you have to have the confidence to pull it off."
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Red Ribbon partners Orbis Financial Corporation * Red Ribbon Advisory Services, part of the UK-based Red Ribbon Asset Management, has partnered Orbis Financial Corporation to tap the non-resident Indian market for investment in domestic startups.
Under the partnership, Orbis will assist Red Ribbon to tap the non-resident Indian market, which is seeking an opportunity to invest in Indian startup space, the company said in a statement.
Orbis will be responsible for end-to-end transaction and settlement of funds making it easier for NRIs to carry out investment in India.
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UTI Mutual Fund appoints Dangi as group prez-HR of UAMC * UTI Mutual Fund today said it has appointed Kamlesh Dangi as the group president-HR of UTI Asset Management Company (UAMC).
"Kamlesh will drive the human capital transformation agenda for UTI and help it to move to the next level. On behalf of the Board and all employees of UTI, I extend a very warm welcome to Kamlesh Dangi," UTI AMC MD Leo Puri said.
Prior to joining UTI, he was associated with Religare, ICICI and Shoppers Stop.
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Moorthy takes over as IESA Chairman for 2016-17
*India Electronics andSemiconductor Association (IESA), today announced K KrishnaMoorthy as its chairman for 2016-17.
Moorthy, who is Corporate VP and Managing Director, Rambus Chip Technologies, has served as the ViceChairman for 2015-16.
IESA is the premier industry bodyrepresenting the Indian Electronic System Design &Manufacturing (ESDM) industry.
Intel selects three teams to represent India at ISEF
* Tech giant Intel has selected three teams that will represent India at its annual International Science and Engineering Fair (ISEF), competing for about USD 4 million in awards and scholarships.
The three projects, selected from over 1,900 entries received in India, provide solutions for agricultural and healthcare sectors.
The 16 students from three teams -- TJay (wearable product and cloud solution), Asha+ (handheld remote health monitoring solution) and Jayalaxmi Agrotech (crop specific app in regional languages to farmers) -- will have access to equity investments of up to Rs 20 lakh each.
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IESA appoints K K Moorthy as Chairman
* Industry body India Electronics and Semiconductor Association today announced the appointment of K Krishna Moorthy as Chairman of its new executive council for the year 2016-17.
"When IESA coined the term ESDM about eight years ago, we never thought that this will become the next big wave of growth and investment in the country.
"As part of the IESA team, I will look forward to work with the both central and state governments and all other stake-holders to take India's ESDM sector to new heights," Moorthy said in a statement.
Besides, Ashwini K Aggarwal has been appointed as vice chairman. At present, he works with electronic chips and semiconductor equipment maker Applied Materials as Director for government affairs.
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Tata Steel gets Golden Peacock Innovative Product award * Private steel major Tata Steel has received the 'Golden Peacock Innovative Product/Service Award' for the year 2016 for its product 'Pravesh - Steel Door with Wood Finish'.
The event was organised recently in Dubai during the 26th World Congress on Leadership for Business Excellence and Innovation, Tata Steel said in a statement.
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Sify bags Best Use of Technology for Social Cause award * Sify Technologies has bagged an award for its Department of Post network integration project.
It has won the 'Best Use of Technology for Social Cause' award at the Dataquest Business Technology Awards held recently, the company said in a statement.
