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fuckyeamia-blog · 5 years ago

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Internet marketing terms

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shopclues123-blog · 8 years ago

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shopclues

ShopClues.com is an online marketplace, headquartered in Gurgaon, India. The company was founded in California's Silicon Valley in 2011. It has over 12,000 registered merchants retail 2,00,000+ products on the platform to over 42 million visitors every year across 9500 locations in the country.

The e-commerce company is incorporated in Delaware.

ShopClues joined as 35th entrant in the Indian e-commerce in 2011. The company employs about 700 people across different locations.

Contents

1History

2Funding

3Business results

4Locations

5Controversy

6References

7External links

History[edit]

ShopClues is the subsidiary of Clues Network Inc.., a US Corporation and was founded in November 2011 by Radhika Aggarwal, her husband, Wall Street internet analyst Sandeep Aggarwal and Sanjay Sethi.

Funding

With Series E, ShopClues is now valued at more than $1.1 billion (Rs 7,300 crore) following undisclosed funding led by Singapore's sovereign wealth fund GIC.

In March 2013, ShopClues successfully completed its third round of funding. The company raised close to $10 million (Rs. 54 crores) from Helion Venture Partners and Nexus Venture Partners. Nexus Venture Partners[19] had previously led the Series A investment in the company in Feb 2012. With this round, ShopClues.com has raised over $15 million in capital so far.

ShopClues has other investors like Series B investors Helion and Nexus and a Japanese Internet company. Prior to Series A, ShopClues had raised a round (in Aug. 2011) from angels including from early employees of companies like Google, Netscape and many serial entrepreneurs from Silicon Valley.

ShopClues has raised $100 million (Rs 620 crore) in Series C funding led by Tiger Global besides at least two of its existing investors.This values the company at around $350 million.

Business results

Shopclues handles about 1.8 million transactions annually and around 42 million visitors a year. The company is already doing Rs 100 crores in annualised revenue based on its monthly run. It is targeting about 3.5 percent growth in the January numbers. The company witnessed growth of 250 percent from January 2012 to January 2013.

In January 2013, Shopclues posted a revenue of about Rs 8 crore and handled 1.52 lakh transactions compared to Rs 11 lakh in revenue and 200 transactions in January 2012. Now, the company is looking at handling about 30 lakh transactions and also expects the total visitors to website to cross 10 crores . Shopclues will launch its first ever advertising campaign in September 2014 and has earmarked Rs 75 crores for it.

Locations

The company is headquartered in Gurgaon, Haryana and has its registered office in Vadodara, Gujarat in India. It also has an office in Palo Alto, California.

ShopClues delivers to over 9500 cities in association with leading courier partners. ShopClues fulfillment operations are managed by 3 Fulfillment Centres in New Delhi and Mumbai.

Controversy

Luxottica Group, the owner of popular eyewear brand Ray-Ban, had taken legal action against an online marketplace for allegedly hosting fake products for sale. The company took legal action against ShopClues, also accusing it of misleading customers by offering heavy discounts. The Delhi High Court found that ShopClues had breached its earlier direction and continued to sell Ray-Ban branded items.

References

Jump up Sanjay Sethi Takes Over Sandeep Aggarwal As ShopClues CEO

Jump up

Jump up "Shopclues.com Site Info". Alexa Internet. Retrieved14 January 2016.

Jump up (Press Release) Threefold sales increase for ShopClues post 12.12.12

Jump up shopclues-com-rolls-out-official-brand-stores

Jump up ShopClues.com launches Official Brand Stores with close to 200 brands

Jump up Online shopping site ShopClues.com raises $10 mn form Helion Venture Partners, Nexus Venture

Jump up shopclues-eyes-rs-350-cr-revenue-in-2013

Jump up http://qz.com/593150/indias-newest-startup-unicorn-says-it-is-more-ipo-ready-than-competitors/

Jump up ShopClues.com, the new kid on the block

Jump up ShopClues to double headcount to 1,500 by March 2016

Jump up Company Overview of Clues Network (P) Limited

Jump up Nexus Partners, Helion Venture invest Rs 54 crore in ShopClues.com

Jump up Eretail Conference | Ecommerce Conference | Internet Retail Expo - Indian eRetail Show 2013

Jump up E-commerce firm ShopClues valued at $1.1 billion in new funding

Jump up ShopClues raises fresh funding, enters the $1-bn valuation club

Jump up Shopclues Says Valued At $1.1 Billion After GIC Investment, Plans IPO In 2017

Jump up Indian e-commerce marketplace ShopClues gets a $10 million injection

Jump up ShopClues raises $10 mn

Jump up "ShopClues raises third round of funding; Nexus Venture Partners and Helion invest - nexus". nexus. 2013-03-15. Retrieved 2016-04-28.

Jump up E-com marketplace ShopClues raises $100M in Series C funding led by Tiger Global

^ Jump up to:a b ShopClues eyes Rs 350 cr revenue in 2013

Jump up http://articles.economictimes.indiatimes.com/2014-07-30/news/52238043_1_brand-campaign-creative-agency-shopclues-com

Jump up "About Us". shopclues. Retrieved 2016-04-28.

Jump up More tier III cities like Jhansi, Ranchi going online to shop

Jump up Ray-Ban drags online marketplace Shopclues to Court for selling fake eyewear

External links

Official website Online Shopping Site in India

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princejeet · 5 years ago

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Types of Online MBA Programs

MBA is no doubt one of the most rewarding degrees today. With the option to study online, the online MBA graduates are instilled with the right experience, skills and the professional network they need to grow in their career. With an MBA degree, a professional can learn the acute business skills and enhance his or her abilities to move further in their career path. As per the Harvard Business Review, majority of the MBA professionals have found their degrees to be highly rewarding.

For a busy professional who is not able to attend a physical college on a regular basis, online MBA programs are the best approach. Approaching a full time MBA may disrupt the work, life and family of a person but with the option ofonline MBA in India, it is easier for the candidates to enrol in a course and finish it off conveniently along with managing their professional and personal lives. Online MBA lets you complete your education on a flexible schedule that facilitates your learning and earning at the same time.

Now, that you know an online MBA degree is useful for you, you would be eager to know the types of online MBA programs available to you in the country. Read on and find the list of the top institutes offering the bestonline MBA programs:

1. Amity University

Amity is a well-acknowledged and popular university in the country and it is offering online MBA courses in all the fields of specializations such as finance, HR, marketing and so on. The entire course structure is online and if a candidate wishes to do a correspondence course, that facility is also available.

If you are a working professional looking forward to enhance your business skills through online MBA programs, Amity University is the institute you must look in to.

2. Indian School of Business Management & Administration

The next on our list is the ISBM, which is recognized by the British Standard Institute and the EU chambers of Commerce, India. It offers several online MBA programs for the working class of the country. They have named it Executive Masters in Business Administration.

3. ITM university online MBA

ITM is a well-known private university in the country that offers online MBA in India. Once a student clears all semesters, he or she will be handed over with the certificate of Master of Business Administration from ITM Vocational University, Vadodara Gujarat. The curriculum they follow is based on the modern and dynamic business principles.

4. Venkateshwara Open University

Accredited by UGC, this university is run by a non-profit organization that offers online MBA courses with specializations in HRM, project management, banking, international business, healthcare management, finance, and investment management. Any person who has a graduate or an equivalent degree from a UGC recognized university can apply here for an online MBA course and it takes about 24 to 48 months to complete the same.

The university also offers a special 2-year Executive Master in Business Administration Plus course for working professionals.

5. Symbiosis Institute of Distance Learning

The Symbiosis Institute of Distance Learning offers Diploma, Post Graduate Diploma, and many other certificate programs to the graduates as well as the working professionals of various industry sectors like international business, business management, insurance management, etc.

This distance learning program has received several accolades for the best curriculum in the country.

Sharing these top online MBA degree programs in the country, we hope that you would know the value of pursuing an online degree. These online certificates are equal in rank and stature as of the degrees attained by pursuing a traditional full-time MBA.

Enrol yourself in the best online MBA program and remove the obstacles from your career path.

#online MBA degree programs #online MBA graduates

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homepictures · 6 years ago

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How Kothi Design Is Going To Change Your Business Strategies | kothi design

Kicking things up several memorable notches this year, the Accommodation Purchasing Managers Forum (HPMF), a barter affiliation of auberge accretion managers, afresh assured its eighth Commemoration Assemblage and Awards in the celebrated burghal of Varanasi. As in the past, the mega assemblage addled me as a absurd apogee to the authoritative animation and accession as able-bodied as the big-picture cerebration activity that HPMF has become today.

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Eight years ago, the Forum started with aloof three amount members. But HPMF has beforehand its wings to accommodate 2,100 additional associates today and is now fast accretion its brand globally.

“What started off as an abstraction with alone a few committed professionals has today snowballed into an alignment of 2,100 additional associates beyond the apple who are affiliated in their efforts to beforehand the accretion profession and the accommodation and affiliated industries. As a non-profit organization, HPMF aims to accommodate a accepted belvedere for buyers and vendors from the accommodation industry. Training and development of accretion professionals, circumscribed procurement, industry artefact standardization, aggregate discounts, bigger professionalism in the purchasing process, development of abeyant vendors, blooming initiatives and accumulated amusing responsibilities are some of the key areas that HPMF is animate for,” says Mohan Deshpande, Chairman, HPMF.

Thanks to the active spirit of the HPMF managing board led by the boundary-pushing spirit of its brilliant Nitin Shankar Nagrale, Founder and Accepted Secretary, HPMF, the Forum has fabricated absorbing strides over the years and has gone as far as to barrage International capacity in the Average East and Sri Lanka recently.

“I accept articular bristles imperatives for aggregate activity – acceptable development, prevention, architecture a added defended apple by able-bodied abreast accretion professionals, acknowledging individuals by training and development and allocation the world’s women and adolescent bodies to become added responsible. I am bent to accompany all accordant ally calm and strengthen HPMF to beforehand its agenda. As allocation of this initiative, we are revamping and basic an acutely talented, accomplished and abreast Advisory Board absolute experts from India’s accretion fraternity and from the accommodation and affiliated industries. They will be allocation of the new HPMF and will advice in accomplishing the dreams that we envisioned a few years ago,” says Nagrale.

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The Forum’s administration has been acute the authoritative gas pedal adamantine anytime back its inception. The abidingness has helped HPMF acquire a aglow acceptability and fabricated it into the pre-eminent business and networking belvedere for accretion professionals in the industry. The commemoration conventions of HPMF accept become abundant approved afterwards calendar dates in the commemoration of the accretion and accommodation industry. Accepted to put up badly acknowledged and alluring shows, HPMF pulls out all stops to put up a bright accident aces of their ample fraternity. The commemoration assemblage aftermost year at Jodhpur was the allocution of the country, with over 250 associates and over 30 suppliers, media bodies and added associates of the accumulated apple gracing the occasion. The appearance was actually top drawer, arch to belief that this year the assemblage would be alike added spectacular!

And accurate to their form, HPMF has outperformed commemoration time, in spades. Without alike authoritative an attack to alike you with all the adamantine statistics of this year’s assemblage in Varanasi – the acquisition saw added than 400 accommodation veterans and purchasing managers from Mumbai, Hyderabad, Pune, Ahmedabad, Bengaluru, New Delhi, Chennai, Goa, Guwahati, Jaipur, Indore, Nagpur, Vadodara, Bhubaneswar, Puri and added genitalia of the country and away – it was three pulsating canicule spent over astute debates, discussions, affairs and fun.Rarely, accept I appear beyond such a abundant feast of an accident – gargantuan in admeasurement and ambit and angrily aggressive and adventuresome in design, apperception and beheading and with a acceptable brotherhood and aloof aspect at its heart. The three-day commemoration celebrations featured an agitative illustration of conferences, B2B meetings, cultural activities, music, song and ball renditions by acclaimed artists, achievement of the city’s acclaimed Ramleela played out in the acceptable style, sightseeing trips and tours of important landmarks of Kashi, arts and crafts shows besides endless of fun, feasting, feast and banquet that accustomed the assembly to flavor and absorb in the cultural, airy and gastronomic aspect of a burghal that traces its roots to the mists of time and 5,000 years of civilization.

Day One

As assembly trooped in on the morning of Day One, they were greeted by a gigantic blaze corrupt of activity from the HPMF affable board associates led by the anytime airy and radio-active Nitin Shankar Nagrale. It was a accession that alloyed tradition, amore and animation in according admeasurement adjoin the accomplishments of a animate achievement by a affiliation assuming as ash anointed sadhus chanting to the choir of ‘Har Har Mahadev’. The afterimage reminded you of Varanasi’s affluent religious legacy, its angelic traditions and heritage, and of its authoritative celestial aristocrat Shiva. Immediately afterwards the reception, assembly were additionally accustomed a ‘Har Har Mahadev’ emblazoned orange black kurta and angavastram to wear. In a brainy way, it amped up our aggregate angelic animation afore demography off for a bologna cruise to the allegorical foodie abode ‘Baati Chokha’ accepted for confined the ‘taste of Benares’ through bounded delicacies presented in acceptable Indian appearance and ambience.

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In befitting with the agitation of the accession delegates, the black was committed to a acceptable cruise bottomward the banks of the Ganges on bajras (large boats). The baptize cruise offered a frontline appearance of all the acclaimed ghats and of the arresting Ganga Aarti at the Dashashwamedh ghat. The aarti is a anatomy appropriation comedy shimmied up in divinity and performed in an elaborately choreographed ceremony. It has angry into a battleground allure watched by bags of admirers and tourists actual evening. A accumulation of adolescent saints dressed up in cottony saffron and white apparel conduct this ceremony. Commemoration pandit or saint takes up a specific atom on the ghat and begins the ritual by alms flowers to the river. Oil lamps advised like snake hoods are coiled in a synced motion. Conch shells are absolute and yak appendage admirers and peacock calamus admirers are additionally coiled during the ceremony. The priests end the commemoration by cloudburst a basin of baptize into the river, aloft which, the admirers let go of baby oil lamps with flowers on a blade to float on the river.

Another afterimage that leaves an enduring banner on the hidden is the never catastrophe alternation of afire pyres on Manikarnika ghat area bodies are burnt annular the alarm all annular the year. As we anesthetized by, the afterglow of afire pyres hit our eyes and senses with a sombre, alveolate force – banishment us to reflect on how we anticipate about activity and our bankrupt allocation of bitter time aloft Earth. The awesome afterimage is apprenticed to leave anyone in a brooding affection about the certitude of activity and our actuality itself. The desolation of bodies activity up in bonfire reminds us of how we all gotta pay our ante in activity and how the bank of time are active out alike through commemoration moment we animate and breathe. The Manikarnika ghat’s ceaseless appalling rites wells up the affection in a bathetic affect able of crumbling the best accustomed of animal spirits. Relatives, ancestors and accompany accompanying the anatomy of the age-old attending somberly on at the abhorrence of afterlife accumulated with a Thanatos-longing for the abiding absolution of the anatomy of their admired – the accomplishment of moksha for the age-old soul, which the angelic ghat of Kashi promises to fulfill.Next on the beat was a bout to some of the added iconic ghats area bounded artists allowable virtuoso performances reliving absorbing actual anecdotes associated with the ghats and the angelic city. To add to the activity of the moment, there was additionally a complete and ablaze appearance depicting Kashi’s religious moorings and significance, which larboard us assembly activity afterpiece to the Aristocrat than we accept anytime been in our life. A few anniversary later, we were into the average of a bewitched black soiree at the arresting Guleria kothi, which was distinctively decked up for the Gulab Bari festival. As assembly disembarked from the boats to ascend the flight of accomplish arch to the age-old mansion, they were already afresh accorded a acceptable acceptable with garlands, rose baptize and petals. The abutting brace of hours were spent in the aggregation of soulful ghazals and adapted numbers articulate by one of the acclaimed proponents of the Banarasi gharana followed by a anesthetic ball achievement as an ode to aristocrat Shiva. To blanket up the day, assembly were advised to an all-embracing and busy bowl absolute bounded and added admirable dishes afore abiding to their hotels and ambagious bottomward for the night.

Day Two

The calendar for the day was a absolute mix of business and pleasure. Afterwards a activated breakfast, assembly aggregate at The Gateway Auberge Ganges, the area for all business conferences and meetings. Already again, the guests were greeted with abundant fanfaronade to the accessory of the assault of drums and a aloof ball achievement by a affiliation buried as angelic sadhus. Every inch of the hotel’s abundant antechamber was taken up by the exhibitors hawking an absorbing affectation of articles of absorption to the accommodation accretion professionals.

Punjab Kothi Design – Tierra Este | #17 – kothi design | kothi design

The day was alternate by a brazier anniversary of advisory and active conferences, presentations and B2B meetings. Assembly got to admix with the brightest minds that are consistently abolition the cachet quo in the hospitality, airlines, retail and F&B industry. Success belief were anecdotal – amid them a blithely adorning anniversary of acknowledged apology of battered alone actual structures into beaming continuing auberge backdrop – by the arch bedfellow Aman Nath, a accurate accommodation archetype and apostle of Neemrana Hotels.Many hot button and pertinent capacity were discussed and parsed by aces mavens of the accommodation and accretion trade. Circuitous issues were aired and discussed, the latest trends in accommodation and accretion were accent and industry captains captivated alternating on aisle breaking innovations, deploying accurate path-to-purchase strategies and best-in-class industry practices. The candid capacity were added aggressive by the witticisms of speakers who not alone offered morsels for the apperception from the aerial abbey of admitting administration but additionally brought in moments of ablaze anapestic interludes that kept the admirers absorption animate and absorbed all through the sessions. To punch up the admirers activity in amid the sessions and advantage up the accepted affection of the acquisition was the active interventions of the actual active and babbling emcee Shikha Singh who never absent a adventitious to inject pumped up shots of communicative adrenaline and active amusement to accumulate the affairs animated.

Four circuit of anecdotic console discussions, presentations and keynote speeches by arch luminaries were captivated afore the accumulated acquisition bankrupt for the cafeteria break. But all through the chinwags and bombastic pyrotechnics of the speakers, there was not a moment of mid-afternoon activity slump and nary a moment of distraction. There was a attenuate animation of spirit and active bonhomie all about as the assembly came out of the assemblage anteroom to frontload on calories and refreshments.The column cafeteria aeon was aloof for B2B affairs with a slate of industry leaders and companies and was the being of determined business networking and exchange. But it was in the black that the activity accomplished a climax. All of us assembly repaired to the august Virasat Haveli for an black of ball and presentation of the commemoration HPMF Awards. Draped in adorning lighting and belted by all-inclusive stretches of emerald blooming on all sides, the haveli epitomizes the angelic symbiosis of Kashi’s all-embracing amplitude and its modern-day buoyancy. We were accustomed a glimpse of Varanasi’s affluent carpeting of arts and crafts history by a assorted bandage of craftsmen showcasing their activity of love: intricate anesthetized pottery, handmade artifacts, curios, cottony fabrics, objet d’art, memorabilia and a host of added collectibles. In one basement of the haveli, a accumulation of weavers practised their diabolism on hand-woven carpets admitting accession attic tended to hand-drawn paintings. The accomplished abode looked like a collector’s paradise and a connoisseur’s Shangri-La.The Awards bright began with accidental animation – a distinctively created video with a affectionate affair and a bidding to the adventurous sacrifices fabricated by our armed armament – was played on a behemothic awning and accustomed a admiring acclaim from the audience. Associates of the HPMF aggregation from beyond the country had essayed altered roles as soldiers from India’s armed armament apery its three wings. Everybody in the admirers agreed that the video was attempt to accomplishment and the HPMF aggregation associates allowable their roles to consummation. In fact, the high-octane video presentation was a befitting accolade and a campanology endorsement of the backbone and adventuresomeness of Indian soldiers and additionally a aces commencement to the appropriate account bestowed by HPMF this year aloft eight soldiers from the country’s armed armament abnormally called for their acts of bravery, adventurousness and cede fabricated in account of the nation. The war veterans who were felicitated were Deepchand Kayyat Nashik, Major Accepted Dilawar Singh, JW Nalin Talwar, Subedar Uday Ram, Brigadier Sushil Bhasin, Commander Keshav, Lt Colonel Ramesh Kumar Chhetri, and Major Aval Sethi.As is customary, the Awards commemoration assured with the accolade of altered categories of accretion arete awards to 23 professionals from the industry. Incumbent Chairman Mohan Deshpande and VT Alexander were presented with the Lifetime Achievement Award. In addition, Kaushik Jhingan, Mansingh Rathore and Subramanyam Natarajan were awarded Living Legends Awards. All of these stalwarts accept spent over four decades in the auberge industry. Of the 54 submissions, 42 were nominated and 23 winners were eventually selected.

Day Three

With such a affluence of activities all around, one would apprehend the alcohol to banderole bottomward a bit on the absolute day. But alike at 6.00 in the morning, the adrenaline calculation was aerial as assembly boarded the bus for Assi Ghat to partake of a afraid ablution in the Ganges. It was a animating acquaintance and we emerged out of the baptize with a activity as if bombarded by aerial activity particles. The abutting stop was the adjoining Tulasi Ghat, area we spent some time watching adolescent wrestlers at work. Back at the hotel, we readied ourselves for accession afternoon of bookish snacking – conferences, presentations and allocution sessions. The day’s highlight was the absolution of a book – Accommodation Accretion Practice – a one-of-its-kind advertence book absolute abundant advice about assorted aspects of accommodation procurement. The contributors to the book are able accretion managers with all-inclusive acquaintance in accommodation purchasing and procurement.The evening, however, was already afresh the time to ammunition the endorphin rush. The area was Jeevan Deep School, a sprawling able-bodied maintained bookish circuitous with all-inclusive accessible area and acreage of blooming greenery all around. A fit area for a admirable afterpiece black loaded with Dussehra styled celebrations, a acceptable Ramleela performance, the afire of Ravana figure and the heralding of Diwali. To ratchet up the activity further, the black carousal was accentuated by a august baron admeasurement colossal ushering in the Baron and Queen of Kashi, announcement the Dussehra anniversary accessible aloft the acknowledgment of Aristocrat Rama from exile. To annular up the boundless black was an ballsy affluence of acoustic offerings and a actual gourmet adviser to vegetarian dining.

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Next day, as we began departing, there was a faculty of ‘all acceptable things advancing to an end’. But accord it to HPMF, which knows how to bear and act on contest that actualize a battery of fizz and a gold abundance of absolute reviews. Trust the ninth copy in Kochi to be alike added fantabulous.

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falconridgegrp-blog · 7 years ago

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Schneider Electric commits to 100 per cent renewable electricity by 2030 and reporting on its energy productivity journey

Mississauga, Ont. – December 12, 2017 – Schneider Electric, the leader in digital transformation of energy management and automation, has committed to sourcing 100 per cent renewable electricity and is throwing light on the doubling of its energy productivity.

Schneider Electric strongly believes it cannot go renewable without ensuring optimization of its energy system first. Today's commitments are yet another step-in the company's journey to becoming carbon neutral by 2030. Aligned with these commitments, Schneider Electric has decided to join two global, collaborative initiatives, led by The Climate Group, bringing together influential businesses committed to accelerating climate action:

RE100: to use 100 per cent renewable electricity by 2030 with an intermediary objective of 80 per cent by 2020

EP100: to double energy productivity by 2030, against a 2005 baseline, setting an ambitious target to doubling the economic output from every unit of energy consumed

Schneider Electric strives to answer the world's new energy challenge by boosting energy efficiency everywhere: in homes, buildings and cities, industry, the grid, and throughout remote community. In a world more decarbonized, more digitized, more decentralized, energy use needs to be more productive. In order to deliver on its new promises and its sustained energy efficiency efforts, Schneider Electric will leverage its own technical solutions – EcoStruxure Power and EcoStruxure Grid. Using these solutions, the Group has been able to reduce its energy consumption by 10 per cent every three years for the past 10 years. More specifically, Schneider Electric has reduced consumption by six per cent between 2008 and 2017 at its headquarters in France, The Hive.

These commitments will cover more than 1,000 electricity consuming sites around the globe, including 200 factories. Schneider Electric will leverage a broad range of renewable energy sources, including but not limited to solar, wind, geothermal and biomass.

Schneider Electric will drive its transition to 100 per cent renewable electricity through three levers, with an interim goal of achieving 80 per cent renewable electricity use by 2020 to 100 per cent in 2030:

On-site projects at Schneider Electric facilities around the world: with renewable energy initiatives, already in place at some Schneider Electric locations, such as a solar rooftop at its sites in Vadodara (India), Bangpoo (Thailand), or geothermal energy and a solar rooftop at its flagship office “The Hive”, France, among multiple others. Schneider Electric will install on-site renewable energy projects to help achieve its 2030 target. While on-site projects are expected to deliver a portion of Schneider Electric's renewable electricity needs only, they will add to the company's renewable energy capabilities, and act as a showcase for other organizations contemplating such options, together with energy efficiency enabling technologies;

Offsite long-term procurement through Power Purchase Agreements (PPAs): a PPA is a long-term (12-20 year) contract between a renewable energy developer and a dedicated, creditworthy buyer. PPAs enable developers to secure financing for new wind, solar or other renewable electricity projects and allow buyers to enjoy predictable pricing from clean energy sources;

Energy Attribute Certificates (EACs) and green tariffs: an EAC is a free market instrument which verifies that one megawatt hour of renewable electricity was generated and added to the grid from a green power source. Schneider Electric will use EACs as a flexible and fast way to acquire and track renewable electricity.

“We are in a new world of energy that is becoming more electric, more decarbonized, more decentralized, and more digital. Our mission at Schneider Electric is to supply the technologies that permit, drive and catalyze the transition to a new world of energy. The commitments we have made today in joining RE100 and EP100 to source 100 per cent renewable electricity and reflect on the doubling of our energy productivity are a demonstration of how consumers and business can be empowered to ensure the affordability, resilience, sustainability, and security of the energy that they consume,” says Emmanuel Lagarrigue, Chief Strategy Officer and Executive Vice President at Schneider Electric.

“Already a leader in the energy space, joining RE100 and EP100 represents a smart business decision for Schneider Electric. These commitments will help the company to deliver on its wider climate ambition to become carbon neutral by 2030. Doubling energy productivity will help it to use energy as economically as possible while making the transition to renewables, which are themselves cost-competitive in many markets. I welcome the powerful signal Schneider Electric is sending to peers, investors and governments, to accelerate the transition to a zero-emissions economy,” says Helen Clarkson, Chief Executive Officer at The Climate Group.

At COP21 in Paris in 2015, Schneider Electric announced 10 Commitments for Sustainability. The commitments were aligned with the Planet & Society Barometer, Schneider Electric's sustainability scorecard to measure its ambitious commitment to sustainable development on a quarterly basis and contribute to the UN Sustainable Development Goals. These commitments support the company's objectives to make its plants and sites carbon neutral by 2030, in a coherent industry ecosystem encompassing both suppliers and clients.

In addition, to become a carbon neutral company by 2030, recent initiatives from Schneider Electric include:

Climate Leadership Council: at the beginning of 2017, Schneider Electric became a founding member of the Climate Leadership Council in the U.S., to support a new market-based climate solution that is both pro-growth and pro-environment;

Global Footprint Network: in summer 2017, Schneider Electric signed a partnership with the Global Footprint Network, an international non-profit organization, to enable a sustainable future where all people have the opportunity to thrive within the means of one planet;

Launch of EcoStruxure™: in November 2016, Schneider Electric launched the next generation of EcoStruxure, its IoT-enabled, plug-and-pay, open architecture that delivers end-to-end solutions in six domains of expertise – Power, IT, Building, Machine, Plant and Grid – for four end markets: Building, Data Center, Industry and Infrastructure.

Livelihoods Carbon Fund: Together with Crédit Agricole, Danone, Firmenich, Hermès, Michelin, SAP, and Voyageurs du Monde, Schneider Electric has launched a new impact investment fund, with a target of 100 million euros. The fund aims to improve the lives of 2 million people and avoid the emission of up to 25 million tons of CO2 over a 20-year span.

About Schneider Electric Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centres, Infrastructure and Industries.

With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software.

In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency.

We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.

www.schneider-electric.ca

Led by The Climate Group in partnership with CDP, RE100 is a collaborative initiative uniting the world's most influential businesses committed to 100 per cent renewable power. Renewables are a smart business decision, providing greater control over energy costs and driving innovation, while helping companies to deliver on emission reduction goals. RE100 members, including Global Fortune 500 companies, have a total revenue of more than US$2.5 trillion and operate in a diverse range of sectors – from Information Technology to automobile manufacturing. Together, they represent 155TWh of demand for renewable electricity annually – enough to power Ukraine, Malaysia or New York State. They send a powerful signal to policymakers and investors to accelerate the transition to a low carbon economy.

Led by The Climate Group in partnership with the Alliance to Save Energy, EP100 is a global, collaborative initiative of influential businesses that pledge to double their energy productivity. By doubling the economic output from every unit of energy consumed, companies set a bold target, demonstrating climate leadership while reaping the benefits of lower energy costs. Business accounts for around half of the electricity used worldwide. By focusing on energy productivity outcomes, corporates can reduce their own energy demand and significantly contribute to reducing energy demand globally. Furthermore, significantly improving energy productivity worldwide will help get us halfway to the goal of limiting global warming to well below 2 degrees Celsius. It's critical that businesses lead the way. By doubling energy productivity, corporations are also enhancing their resilience and boosting competitiveness, all while reducing greenhouse gas emissions, creating jobs, and improving energy security. http://constructionlinks.ca/news/schneider-electric-commits-100-per-cent-renewable-electricity-2030-reporting-energy-productivity-journey/

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hina-bhuptani-shah · 7 years ago

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Hina Bhuptani Shah

Hina (Bhuptani) Shah was born to Mr. Dilip Bhuptani, metallurgical engineer working as the manager with TATA Steel, and Mrs.Pushpa Bhuptani, an artist and social worker. While she was born and brought up in Jamshedpur, she studied her MSc. at the Maharaja Sayajirao University (MSU) – Vadodara. Having been brought up in Jamshedpur, she grew up to learn classical dance at Ravidra Parishad, and won numerous awards with her natural and graceful dancing skills even as a child. She has 3 younger brothers. Raj Bhuptani, who is an engineer from IIT Kanpur is an entrepreneur by profession, Vijay Bhuptani, who is an academician and Ajay Bhuptani who is a part of the Union National Bank – Abu Dhabi.

Being the eldest of the 4 siblings, and being the only girl, on one hand, she learnt to take responsibility at an early age, while on the other she also experienced challenges in being a “girl”. But this played a positive role in her development, as she took it as a challenge and learnt to emerge a winner. Married to industrialist Ashok Shah, she has two daughters. Shital, who is an MBA, and has joined her in her institute, and Shaina is pursuing her Chartered Accountancy.

Ms. Hina Shah. She dares to be different. A home maker, a classical dancer, an entrepreneur and the director of International Centre for Entrepreneurship and Career Development(ICECD). Hina Shah is perfectly comfortable in each role. In a man’s world, she has created a niche for herself with path breaking innovative ideas. With verve and panache, she moves from strength to strength breaking new grounds with her bold initiatives. A progressive personality, but who believes that the sari is the most graceful attire a woman can wear, one invariably finds her in her trademark silk sarees.

With the kind of impact that her developmental initiatives have created on the world map, Hina Shah is a name to recon with at a global level. However, she has many more dimensions of herself, which, put together define her vibrant self.

· Hina Shah – the painter The canvases painted by Hina Shah form a part of many a art collector’s pride, around the globe. Her paintings occupy important places at various art galleries of India. Majority of her paintings are oil paintings which are a blend of impressionism and contemporary work. Her paintings reflect joy and vibrancy, and have received applause and recognition by art lovers and critics. A recent exhibition of the paintings at Nehru Centre – Mumbai was extremely well received, and was visited by over 7000 art lovers. Having won several awards for painting, Hina Shah continues to add to her collection of over 50 paintings created by her. She desires to promote Indian Painters through an Art Gallery which she wants to create, where deserving Indian artists would get international recognition and global platform.

· Hina Shah - the academician Being an entrepreneur herself and having taught entrepreneurship to thousands through her initiatives at ICECD, Hina Shah started a school called “Satyamevajayate International School” in 2001. Through this school she teaches ‘Entrepreneurship’ to students, 1st standard onwards. She has designed specialised modules, through which she teaches the students the nuances of Business Management and Entrepreneurship from an early age of 6, whereby, the child would develop into a person with capability to be able to start his own enterprise by the time he/she passes out from the school. Thereby, he/she, instead of looking for a job for himself/herself - would be developed into a job creator for others.

Students at Satyamevajayate International School also learn skills like carpentry, electrification, classical dance(including boys) and gardening, whereby they develop independence in day to day activities and also grow up as socially responsible citizens of our country. Maximum strength of the classes is limited to 15 per class, in order to be able to truely develop these children as per Ms Shah’s vision.

Besides, Hina Shah has also designed syllabus of Entrepreneurship Courses for various schools and colleges.

· Hina Shah – the danseuse She took her first step of dance at a tender age of five. Attracted by the marvel of this art, Hina’s intuition and innocence led her from the thrill and excitement of her first steps at Rabindra Parishad to the specialised steps in the Odissi style of Indian classical dance. Since then, Hina has stepped from mastery to originality. She went on to winning district/state and national level prizes and was chosen to direct a dance drama for All India Radio(AIR) at the age of fourteen.

The meticulous dance training by her guru Sri. Indrakumar Patnaik Mohanti in Orissa coupled with her passion for dance gave Hina’s talent an extra sharpness and richness. She has given dance performances all over India, and in Europe, and has received acclaim from both-people and press. Being the foremost exponent of Odissi in Gujarat, her dance school ‘Moksh’ has trained many odissi dancers in the state. Her most recent performance at the Modhera Dance Festival was highly appreciated, wherein she performed with both her daughters in a three hour concert. According to one of the press reviews, they continue to mesmerise the audiences with the grace and agility on stage.

Though her work has taken her to over 60 countries world over, her heart is at home. She is a proud Indian, and believes India is full of opportunities for those who want to progress and succeed. While she is fond of Indian cuisine, food comes last on her list of priorities. A simple eater, with extraordinary fitness to carry on a dance performance for 3 hours, ensuring a spell bound audience!

FOR HINA SHAH, THE WORLD IS TRUELY BUT A STAGE... AND SHE PORTRAYS VARIOUS ROLES WITH EASE AND EXPERTISE. · Hina Shah – the Director ICECD

Hina Shah is a Master of Science with further qualifications in HRD areas. A young, energetic qualified woman, with a desire to become independent, empowered and successful, Hina Shah faced many an odds when she decided to become an entrepreneur in 1976. 30 years back, society ( be it parents, husbands, in laws, relatives, neighbors, banks or even market)was not prepared to see women being independent.

Resistance from society, friction at emotional and economic levels, along with financial institutions refusing to give loans made it all the more difficult for her to initially take the plunge towards independence and empowerment. However, her determination and grit to achieve her goal, gradually converted these difficulties into opportunities. She took up the challenge, and emerged a successful entrepreneur in the field of plastic packaging. Hina Shah, while successfully balancing various other roles of a woman – that of a mother, a wife and a daughter, also received acceptance from family and society. While having experienced empowerment, when she saw a large number of deprived, poor and helpless women suffering socially, emotionally and psychologically due to economic constraints, she took up the mission to lead them towards self-employment and entrepreneurship. This made them main stream partners contributing to the national economy. Thus, she was the pioneer in starting “Entrepreneurship Development Program (EDP)” for women in Gujarat in 1982, with 25 women participants, of which 16 established their non-traditional businesses. Encouraged by the success, she refined the model and implemented it in many districts of Gujarat. These women entrepreneurs were recognized as “economic contributors” by the financial/support institutions and the policy makers.

Her dream was to expand this movement so as to take the movement to every nook and corner of the country, specifically to the disadvantaged and poor women. She felt the need of a specific national/international level organization, with no limitations or defined boundaries, to work for these women. The entrepreneurial competencies within her motivated her to create an entity, which could convert these potential women into successful entrepreneurs. Thus in 1986, she transformed her own entrepreneurial experience into a developmental initiative and started “The International Centre for Entrepreneurship and Career Development (ICECD)”. ICECD is a unique institute for women entrepreneurship, perhaps the only one of it’s kind, and is recognized as a Centre of Excellence by the United Nations-ESCAP and has facilitated thousands of disadvantaged women to become entrepreneurs not only in the various states of India but all over the developing world.

A WAY OUT FOR WOMEN THROUGH ECONOMIC EMPOWERMENT Hina Shah’s relentless efforts to change the face of the deprived, dependent women of rural India created a noteworthy impact. Rural women - working at a measured and contended pace, some are working at their small vending-trading shops, some manufacture garments; spices; leather/Rexene products and packing boxes in their small work places, and some are busy providing services like cycle repair. They go back home in the evening, with Rs. 50-500 profit in their hands : quite a substantial sum for them. These are the women who hardly involved themselves in income generation and always despaired, thinking about how to feed their children and how to lead a better life, before they joined the development programme. They were the poorest of the poor in the village, illiterate, with no land and a ramshackle hut, with many children to support and feed. Some of them were widows or were abandoned by their husbands, with no assets to help generate income. They had few choices : work as domestic help or a farm laborer, depend on relatives who were as poor, or beg. They were subject to exploitation and abuse, and they along-with their children lived at the edge of survival – a spectre of living dead – with no hope. When these women became involved in the development initiative called “Rural Women Enterprise/Business Development Programme”, for which they were selected based on their strengths as individuals, they learnt essentially two things:

Ø How to take charge of their lives with dignity and confidence Ø How to initiate/run and manage their micro enterprises/businesses THE WOMEN AND THEIR STRUGGLE TO SUCCEED In the beginning, when the programme was being promoted, these women were reluctant to participate due to their own lack of confidence/initiative, and were also scolded and discouraged by the larger community for trying to go against established social norms. The custom of secluding women from all but their immediate family and not involving them in any economic activity prevailed not only in the villages, but even among well-to-do people. However, the realization that they CAN DO SOMETHING ON THEIR OWN, and careful counseling, helped them to participate in these programmes. They learnt, applied their minds and succeeded in establishing their own niche. Today, over 10,00,000 women have benefited in India and in developing countries in rural, urban and tribal areas

· Total investments created in India = Rs 195 Crores · Total Investment created in other countries = Rs 620 Crores ICECD’s directly trained over 100,000 women entrepreneurs have further created employment for 300,000 unemployed women of India.

#Hina Shah in Ahmedabad #social entrepreneurship in Ahmedabad #corporate social responsibility in Ahmedabad #CSR in Ahmedabad #Hina Shah in Gujarat #social entrepreneurship in Gujarat #corporate social responsibility in Gujarat #CSR in Gujarat

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dayallegal-blog · 8 years ago

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Demonetisation and Real Estate

While the demonetisation initiative by the Central government means further delays in ongoing real estate projects due to the massive cash crunch, it also paves the way for a cleaner and more transparent real estate industry in the times to come. Developers will now look for alternative funding arrangements while end-users or investors will wait for more certainty before making any move.

The real estate sector will definitely be affected by the demonetization exercise, as it has traditionally seen a very high involvement of black money and cash transactions. However, almost all such incidences have been in the secondary sales market, where cash components have traditionally been a veritable ‘must’. In other words, the resale properties segment will take a big hit. However, short-term pain is inevitable when we look for any eventual long-term cure for the disease. There has for long been a strident demand to bring transparency in the sector so that the it becomes more organized, and cash dealings must necessarily be the first symptom of the disease to be dealt with.

The luxury and high-end segments of residential real estate will also see a major impact from this exercise, since it is another area which has seen a lot of payments done in cash. The legal banking/financing channels have accounted for only a small part of all transactions in this space. The demonetization move is likely to result in luxury property prices dipping by as much as 25-30% as sellers struggle to offload properties to generate liquidity. This means that luxury home buyers will suddenly have a much wider bandwidth of options to choose from.

With black money suddenly being wiped out of the market, a lot of investors who have been investing in projects with unaccounted-for money – and raising prices to book profits – will be eliminated from the system, thereby aiding a much-needed correction.

Short-term: Market to undergo a slowdown The sudden ban on Rs 500 and Rs 1000 currency notes has resulted in a situation of limited or no cash in the market to be parked in real estate assets. This has subsequently translated into an abrupt fall in housing demand across all budget categories in the short term. While a share of this dwindled demand could be attributed to distractions caused by the move, many industry experts opine that this is a result of a trust deficit in the market. Money has become dearer, leading to cautious spending and minimal transactions. The slowdown owing to this announcement has been more severe in NCR particularly Gurgaon, Mumbai Metropolitan Region (MMR) and certain Tier II markets such as Surat and Vadodara. Minimal impact of demonetisation has been felt in markets such as Bangalore, Pune and Chennai, which are primarily end-user driven and rely on bank funding. Liquidity has been severely impacted and this would result in a deflation with limited sales over the next three months. In short, the move has taken the real estate sector by a storm, and it would take time for all stakeholders in the sector – brokers, buyers, owners and developers - to assess its repercussions on their businesses and decisions. In particular, transactions in the premium housing sector and the residential land category – overtly dependent on the cash component - would come to a standstill in the short term. In the short term, buyers and sellers in the middle of transactions might be impacted as cash component would be involved in such deals. There would be intermittent delays in the execution of ongoing residential and commercial projects primarily owing to the massive cash crunch and minimal trading in the economy.

Mid-term Impact: Reduced inflation, better home ownership appetite, improved rental landscape

With limited money floating in the economy, the inflation rates are expected to fall in the next 2-3 quarters. This, coupled with key policy developments such as speculative repo rate cuts by the Reserve Bank of India (RBI), could mean a better home ownership appetite. However, this could be restricted to the affordable housing category. The heavily cash-dependent secondary market could bear a colossal brunt of the demonetisation move. With the gap between circle rates and market rates bridging, owners would reduce ‘ask’ prices, impacting the average housing prices across cities. Resale properties would, thus, become cheaper and this could pressurise the primary market, as well. Developers might offer new projects at discounted rates or propose incentives to magnetise buyers. The dwindling demand for housing could benefit the rental market across metros but the change might take a year or so to manifest its impact on the rental price points. Both commercial and residential markets could see rentals going north by 10-20 percent. In the midst of all these developments, affordable housing will remain largely unaffected due to their non-dependence on the cash component. In fact, the demand for this category might witness an uptrend due to improved purchasing power. Long-term impact: Transparency, revived trust and capital inflows in the realty sector

The real estate sector is expected to get cleansed of its ailments in the due course of time owing to the elimination of black money clubbed with multiple regulatory changes such as the Goods and Services Tax Act, Real Estate (Regulation and Development) Act and amendment of the Benami Transactions (Prohibition) Act. Subsequently, project approvals will be quicker, resulting in a substantial reduction in the total cost of construction, thereby, the ‘per unit’ cost. Fair pricing would mean a revived demand for new projects in the market. Demonetisation could also mean fresh sources of funding for developers to complete their projects. Some of the alternate sources may include the following:

• Developers will be forced to clean up their balance sheets so that they can avail funding from legitimate sources, however, this may come at extremely high costs from the Non-banking financial companies (NBFC) segment.

• Developers can avail short-term loans from their existing buyers at market price with a promise to deliver the project on time and at an interest rate as per the agreement in the sales deed.

• Investments from private equity firms would usher positive sentiment across the market, helping developers to source funding and strengthen end-user demand. The real estate sector could witness a major revolution with cash transactions getting eliminated and a major share of trades going online with the penetration of alternative forms of payment such as E-wallets, apps and plastic money. To sum it up, the demonization of old currency has ushered a new era for the real estate industry in India that would be transparent, corruption-free, organised and veracious.

What stays mostly unaffected?

The primary market – or, more specifically, the market formed by projects undertaken by reputed and credible developers in the top 8 Indian cities – will remain more or less unaffected. This is because buyers into such projects take the home loans/finance route to buy their homes, and transactions are done through legal channels. Therefore, there will not be any major impact on sales in this segment. However, there might be an impact on quite a few projects in tier 2 or 3 cities where cash has played a role even in primary residential sales. However, the turmoil in this segment will settle down in a short period of time.

Overall Impact on the sector

In the past one year, there have been a few positive and potentially long-lasting changes in the Indian real estate. The passing of RERA (Real Estate Regulation and Development Act 2016), the Benami Transactions Act and now the demonetization move will ensure that going forward, the sector will lose much of its historic taint and become more transparent. Only players who conduct their business with integrity will survive. This bodes well for end-users, who will be aware of their rights, have the assurance of not being cheated and will no longer need to contend with constantly rising prices. They will be able to buy properties of their choice at affordable prices, in projects which will assuredly be delivered on time.

The demonetization exercise was a very necessary step which was bound to bring with it a tremendous shake-up wherever black money has played a major role. Over the long term, the Indian real estate sector will emerge stronger, healthier and capable of long periods of sustained growth. As of now, there is no reason for developers and investors who have conducted their dealings transparently and legally to panic. It will essentially be business as usual for them.

Author Name:DEEPAK DAYAL (MBA, LLB) | Managing Partner,

Dayal Legal Associates .India. Advocate, Supreme Court Of India.

[email protected] http://www.dayallegal.in

M : +919560732244 O: +919069113331

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