Business

Business

7 AHMEDABAD FRIDAY, 18/1/2019

India leading digital transformation YES BANK signs MoU with Kia Motors

race: Microsoft's Anant Maheshwari

Bengaluru,

In a renewed push for Artificial Intelligence (AI)driven Intelligent Cloud and Intelligent Edge use cases in the country, Microsoft India on Wednesday said there is highest penetration of AI skills among the workforce that will fuel digital transformation in the country sooner than thought.

"A tectonic shift is happening in AI. Nearly 85 per cent of enterprises globally will use AI in some form or the other by 2020. Indian firms are now fast catching up," Anant Maheshwari, President, Microsoft India, told reporters at the company's flagship Media and Analysts' Day here.

Nearly eight per cent of GDP components in India

are currently impacted by

digital technologies and by

2021, 60 per cent of those

will be impacted.

"Almost every sector is

becoming digital and that

transformation is impacting

every company in India,"

stressed Maheshwari.

Today, 97 per cent of the

top banks, 75 per cent of the

top retailers, 81 per cent of

the top auto firms, 75 per

cent of the top pharma

players and 67 per cent of

the top healthcare firms are

Microsoft's customers in

India.Wipro,

Future

Generali, L&T Technology

Services and Apollo Hospi-

tals are some of the key

customers."With over 9,500

partners,nearly 3,000 Cloud

partners and 88 own IP-

ready partners,we are ready

to unlock the full potential of AI, Cloud and data for the Indian firms," stressed the Microsoft India President.

Over 700 AI-driven enterprises in India today are driving businesses with New Age technologies.

Driven by Intelligent Cloud, Intelligent Edge and spurt of data, AI and its growing use cases are set to change the game.

Microsoft currently has 54 Azure Cloud regions -- more than AWS and Google combined."We will continue to work closely with the countries when it comes to data localisation. India already has three Azure regions which shows how serious we are for keeping data within the boundaries," said Maheshwari.

Banglore,

YES BANK, India's fourth largest private sector Bank, signed a Memorandum of Understanding (MoU) with Kia Motors, world's eighth largest automaker, to enter into a strategic financing partnership,making itone of the first Indian banksto become their preferred financier.The benefits of this partnership will be extended to the entire auto value chain Auto dealers as well as customers, covering multiple car models offered by Kia Motors India.

Kia Motors is set to enter Indian market bysecond half of 2019 with an all-new mid-SUV which was previewedat 2018 Auto Expo.The partnership will utilizeYES BANK's capabilities to provide a comprehensive range of attractive financing options for Kia

Siemens launches Digital Experience and ApplicationCenter for Machine Tools industry

Motors' customers in India, helping support the company's continued growth andexpansion plans in different geographies.

Through the partnership, YES BANK will be able to provide end to end financial solutions to Kia Motors India. The Bank will offer financing and banking solutions to both the Kiacar dealers with products such as Term Loans, Cash Credit, Inventory funding etc. as well as the end consumers. The Bank will work towards satisfying the customers' needs through auto loans with easy monthly repayment plans best suited for individual consumers. Moreover, YES BANK will also leverage its chat bot based platform, YES mPower bot, allowing it todeliver superior customer experience with 1 min loan approval across all theretail touch points. Speaking about the partnership,Pralay Mondal, Senior Group President and Head, Retail and Business Banking,YES BANKsaid,"YES BANK is pleased to partner

global auto manufacturer Kia Motors in India.The Bank has been working with various auto players to provide innovative finance solutions, thereby further strengthening our position in the competitive value drivencar segment and also contributing to the growth of the segment in the country." "It is our endeavor to enhance the experience of our prospective customers and add more value to our dealer partners in India. The partnership with YES BANK will definitely set the benchmark of premium and hassle-free Kia experience. This partnership will empower our stakeholders and customers with financial products specifically tailored for them to facilitate their smooth entry into the world of Kia," said Kookhyun Shim, MD & CEO, Kia Motors India. "Kia Motors India aims at creating excitement in the automobile industry with best in class innovative solutions meeting overall needs of our partners and customers likewise," he added.

Bangalore,

With digitalization and

the adoption of Industry

4.0 in manufacturing, train-

ing is more important than

ever to keep employees'

skills up to date with the

latestin industrial technol-

ogy. In support of this

need, Siemens India has

launchedthe Digital Expe-

rience

and

ApplicationCenter (DEX), a

full-fledged testing, simu-

lation and training center

for the machine tool indus-

try, in Bangalore.Spread

across 9,000 square feet,

the Digital Experience and

ApplicationCenter allows

machine tool manufactur-

ers and users to experience

the integrations of hard-

ware with software solu-

tions as well as that of the

physical with virtual

worlds.

Vijay Pratap Singh,

Head of Motion Control

business, Digital Factory,

Siemens India,said"India is

set to become a key player

in the global machine tools

industry and is likely to see

substantial high-end ma-

Mr. Vijay Pratap Singh, Head of Motion Control business,Digital Factory,Siemens India at Siemens DEX Center.

chine tool manufacturing.

With our Digital enterprise

portfolio, we provide the

foundation forthe machine

tool industry to adopt In-

dustry 4.0 and move into

digital manufacturing,

from product design, plan-

ning, engineering, execu-

tion and digital services.

Siemens Digital Experi-

ence

and

ApplicationCenter is a vital

link in unlocking the po-

tential of Industry 4.0 and

enabling Indian Machine

tool manufactures to transform and set global benchmarks." Machine tool professionals can simulate and co-create efficient machining strategies, from machine design to engineering and commissioning, and improve productivity in real-world conditions using Siemens' digitalization portfolio.The end users can have their manufacturing processes optimized from the design stage to execution until

services of their final prod-

uct. The facility also dem-

onstrates the connectivity

solution of shop floor to

the top floor within the

premises as well as

MindSphere (cloud-based,

open IoT operating system

from Siemens).

Siemens Digital Experi-

ence

and

ApplicationCenter is

equipped with machine

tool solutions from Si-

emens and partners, in-

cluding machine tool

builders, probe manufac-

turers, tooling suppliers,

CAD / CAM solution pro-

viders, etc.

The Center will support

machine tool builders,

dealers and educational in-

stitutes through knowl-

edge sharing programs,

application support, train-

ing and many such initia-

tives. Among the innova-

tive features is a live dem-

onstration of robots with

SINUMERIK CNC control-

lers, which act as an inter-

face for the robot for gan-

try, pick and place, robotic

machining and other ap-

plications

CORRIGENDUM OF TENDER NOTICE NO : 65 - 2018-19

Executive Engineer, (R&B) Division, Panwadi, Bhavnagar Phone No. 0278-2516899 invites on-line tenders for Sr. No. 4 tender Class changed from Spe. Cat-III Road and above and Class E-1 and above is change E-1 Class and above. For Sr.No. 3 Change in downloading end date is 21.1.2018. Other matter remain unchanged.

DDI/BVN/C/976/18-19

GUJARAT WATER SUPPLY & SEWERAGE BOARD SECTOR-10/A, GANDHINAGAR

BRIEF SHORT NOTICE INVITING ON LINE TENDER FOR FIXING RATE CONTRACT FOR SUPPLY OF C.I.D. JOINTS

WITH EPDM RUBBER RING FOR THE YEAR 2018-19 GWSSB invites on-line tender through e-tendering for Manufacture, Supply & Delivery of C.I.D. Joints with EPDM Rubber ring (80 to 700mm Dia.) with ISI Mark/ Confirming to Relevant IS from Indian Manufacturer only. Interested bider who wish to participate in above tender may view the detailed tender notice & down load the Tender documents at free of cost from website. The last date of submission of on-line tender is 7.2.2019.

INF/2624/18-19

CHANGE OF NAME

I have changed my old name from SIDHARTH ASHOKKUMAR BHATT to New Name SIDDHARTH ASHOKKUMAR BHATT Add. : 26/155, Rupal Park, Nr. Ankur Cross Road, Naranpura, Ahmedabad-380013 3300

Edutech firm Byju's buys US-

based Osmo for $120 mn

Bengaluru,

Online tutoring platform Byju's onThursday said it has acquired USbased learning platform Osmo for $120 million (Rs 850 crore).

"After the acquisition, Osmo will continue to scale as a standalone brand as Byju's taps the company's physical-to-digital technology and content to expand and enhance its current offering," the city-based company said in a statement.

The firm, however, did not disclose the nature of the acquisition.

The acquisition will help Byju's international plans to innovate, explore and set benchmarks for techenabled personalised learning solutions, the statement said.

Osmo is a playful learning system which aims to create healthy

screen-time experience for children. "With the integration of Osmo,

Byju's will also look to offer a unique, customised, engaging and fun learning solution for younger kids," the company said.

Osmo's Chief Executive Pramod Sharma, along with the core team will continue to remain with the company post acquisition.

"Our vision is to make learning fun and engaging across age groups and geographies," Byju's Chief Executive Byju Raveendran said in the statement."With this acquisition, we are expanding into a new age demographic of younger kids (age group three-eight)," he added.The company said it is on target to triple its revenue to Rs 1,400 crore in 2019.

Singapore's Scoot airline

to expand service in India

Chennai,

Low-cost airline Scoot, a part of the Singapore Airlines Group, on Thursday announced the addition of three new south Indian cities -- Coimbatore, Trivandrum and Visakhapatnam -- to its global route map. In a statement issued here, Scoot said the three new routes are due to be transferred over from sister airline SilkAir.

Following that, Scoot will be the only airline operating direct non-stop flights from Trivandrum and Visakhapatnam to Singapore. "Flights from Trivandrum to Singapore will commence as soon as May 7, and flights from Coimbatore and Visakhapatnam will start from October 27, all subject to regulatory approval," the statement said.

In India, Scoot already operates seven existing routes from Amritsar, Bengaluru, Chennai, Hyderabad, Kochi, Lucknow and Tiruchirappalli.

To commemorate the new routes, Scoot has introduced a major limited-time sale on flights from all its India points, including Trivandrum, Coimbatore and Visakhapatnam, from January 14 to 28 on its website. One-way promotional fares (inclusive of tax) begin from Rs 4,500 for Economy FLY, for trips to 27 cities in Australia,Indonesia,Thailand,Malaysia,the Philippines and Vietnam via Singapore.

CHANGE OF NAME

I have changed my daughters old name from PRERANA

ARVINDBHAI PATEL to New Name PRERNA ARVINDBHAI PATEL Add. : Manibabhavan,

Vijaynagar, Sabarkantha M059A

CHANGE OF NAME

I have changed my old name from THAKKAR KAUSHALYA PARSHUMAL to New Name

SARAI KOMAL Add. : A/502, J.P.Riverview,

Hansol, Ahmedabad 3299

CHANGE OF NAME

I have changed my old name from RONAK NARENDRA THAKKER to New Name RONAK NARENDRA THAKKAR Add. : Dayapar, Lakhpat, Kutch M059B

CHANGE OF NAME

I have changed my old name from JENABBEN HAJIBHAI

MANSURI to New Name JENAFBEN HAJIBHAI

MANSURI Add. : Amnapark, Idar,

Dist. Sabarkantha M059

Disclaimer Adverstisement appeared in this News Paper have not been verified factually and "WESTERN TIMES" does not stand responsible for the sales proposition.

SAKAR HEALTHCARE LIMITED

[CIN: L24231GJ2004PLC043861] Regd.Off:-Block No. 10/13, Village: Changodar, Sarkhej-Bavla Highway, Tal:Sanand, Dist:

Ahmedabad 382213 Phone No. - 02717 250477 Email: info@ Website :

RESULTS OF POSTAL BALLOT Pursuant to Section 110 of the Companies Act, 2013 read with Rule 22 of the Companies (Management and Administration) Rules, 2014 approval of the members of the company was sought by means of postal ballot Forms/e-voting. The Company had provide the facility of Evoting to the members to enable them to cast their votes electronically or postal ballot forms on the special Resolutions proposed in the postal Ballot notice dated 10.12.2018.

The Board of Directors had appointed Shri Devesh Khandelwal, Practicing Company Secretary as the Scrutinizer for Conducting Postal Ballot. The Scrutinizer has carried out the scrutiny of all postal ballot forms and Electronic votes received upto the last date of receipt i.e 15th January, 2019 till 5.00 p.m. and submitted his report on 17.01.2019 to the chairman.

Based on the scrutinizer Report dated 17.01.2019, the Chairman has declared the results of postal ballot as under:

Particular of Resolution

Consolidated(e-voting and voting through Postal Ballot Forms )

No. Of votes No. Of Votes No. Of votes % of votes % of votes

polled in Favour

Against in Favour in Against

Migration Of Listing/ 1,33,25,672 1,33,25,672

0

Trading Of Equity Shares

Of The Company From

Nse Sme Platform I.E.

(Emerge) To Main Board Of

Nse (Capital Segment).

100

0

Based on the report of the Scrutinizer, all resolutions as set out in the Postal ballot notice dated 10.12.2018 have been duly approved by the Members with requisite majority.

Place : Ahmedabad Date : 17.01.2019

By Order of the Board of Directors for SAKAR HEALTHCARE LIMITED

SANJAY S. SHAH Managing Director (DIN:01515296)

NALIN LEASE FINANCE LIMITED

CIN: L65910GJ1990PLC014516 Regd.Off: Ground Floor, Gandhi Nursing Home Bldg., Dr.Nalinkant Gandhi Road,

Himatnagar- 383 001.Gujarat India Phone: 02772-241264, 242264, email : nalinlease@yahoo.co.in nalinfin.co.in

EXTRACT FROM THE STANDALONE UNAUDITED FINANCIAL RESULTS FOR

THE QUARTER ENDED ON 31.12.2018

(Rs.in Lacs)

Sl. PARTICULARS No.

Quarter Year to Date

Ending/

Figures/

Current Year Previous Year

Ending

Ending

(31.12.2018) (31.03.2018)

Corresponding 3 months

ended in the previous year (31.12.2017)

Whether results are Audited or Unaudited

Unudited

Audited

Unudited

1. Total Income From Operations

2. Net Profit/(loss) for the period (before Tax, Exceptional and/or Extraordinary items)

3. Net Profit/(loss) for the period before Tax(after Exceptional and/or Extraordinary items)

4. Net Profit/(loss) for the period after Tax(after Exceptional and/or Extraordinary items)

5. Total Comprehensive Income for the period (Comprising Profit /(Loss) for the period (after Tax) and Other Comprehensive Income (after tax)

6. Paid up Equity Share Capital

7. Reserves (Excluding Revaluation Reserve) as shown in the auditing Balance Sheet of the previous year

8. Earnings Per share (of Rs 10/- each) (for continuing and discontinuing operations)1. Basic:

2. Diluted:

98.33 44.84 33.64 32.28

353.16 142.22 141.21 101.29

32.28 326.20

860.28

101.29 326.20

759.58

0.99

3.11

0.99

3.11

101.22 52.98 52.98 52.98

52.98 326.20 790.10

1.62 1.62

Note : The above is an extract of the detailed format of Quarterly Financial Results filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015.

The full format of the Quarterly Financial Results is available on the BSE website () &

Company's website (nalinfin.co.in)

For, NALIN LEASE FINANCE LTD

Place : Himatnagar

Sd/- (D.N.Gandhi)

Date : 17-01-2019

Managing Director

Business Brief

Microsoft to set up 10 AI labs,

train 5 lakh youth in India

Bengaluru, Microsoft India on Wednesday announced to set up Artificial Intelligence (AI) labs in 10 universities and train five lakh youth across the country in disrupting technologies.The company also said it will upskill over 10,000 developers over the next three years. "We believe AI will enable Indian businesses and more for India's progress, especially in education, skilling, healthcare and agriculture," said Anant Maheshwari, President, Microsoft India. Microsoft AI today is fuelling digital transformation for over 700 customers and 60 per cent customers are large manufacturing and financial services enterprises.Over 700 partners have geared up to support the AI ecosystem, said the company. Microsoft in December announced a three-year"Intelligent Cloud Hub" collaborative programme in India,for empowering institutes to skill students in AI and Cloud technologies.India is one of the first countries to have such a programme in which Microsoft will support selected institutes that have the best-in-class infrastructure, curriculum and content, onsite training for faculty and students, access for participating students to Cloud and AI services, developmental tools and developer support.

Ahmedabad, Page 7

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{tz?Lkwt ?kkih? ???kTMe {tsqhe yk...e nOEe.

EXTRACT FROM THE STANDALONE UNAUDITED FINANCIAL RESULTS FOR

THE QUARTER ENDED ON 31.12.2018

(Rs.in Lacs)

Sl. PARTICULARS No.

Quarter Year to Date

Ending/

Figures/

Current Year Previous Year

Ending

Ending

(31.12.2018) (31.03.2018)

Corresponding 3 months

ended in the previous year (31.12.2017)

Whether results are Audited or Unaudited

Unudited

Audited

Unudited

1. Total Income From Operations

2. Net Profit/(loss) for the period (before Tax, Exceptional and/or Extraordinary items)

3. Net Profit/(loss) for the period before Tax(after Exceptional and/or Extraordinary items)

4. Net Profit/(loss) for the period after Tax(after Exceptional and/or Extraordinary items)

5. Total Comprehensive Income for the period (Comprising Profit /(Loss) for the period (after Tax) and Other Comprehensive Income (after tax)

98.33 44.84 33.64 32.28

353.16 142.22 141.21 101.29

32.28

101.29

101.22 52.98 52.98 52.98

52.98

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M?k? : {wt?kR ?kkhe? : 17.01.2019

r?hkx ?kn zk?hu?xh

6. Paid up Equity Share Capital

7. Reserves (Excluding Revaluation Reserve) as shown in the auditing Balance Sheet of the previous year

8. Earnings Per share (of Rs 10/- each) (for continuing and discontinuing operations)1. Basic:

2. Diluted:

326.20 860.28

0.99 0.99

326.20 759.58

3.11 3.11

326.20 790.10

1.62 1.62

Note : The above is an extract of the detailed format of Quarterly Financial Results filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015.

The full format of the Quarterly Financial Results is available on the BSE website () &

Company's website (nalinfin.co.in)

For, NALIN LEASE FINANCE LTD

Place : Himatnagar

Sd/- (D.N.Gandhi)

Date : 17-01-2019

Managing Director

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CMYK

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