Tuesday 31 March 2015

Novotel Hyderabad Convention Centre celebrated “Earth Hour 2015”

Hyderabad : Demonstrating its commitment in protecting the environment and extenuating climate change, the employees of Novotel Hyderabad Convention Center and Hyderabad International Convention Centre took part in “Earth Hour”- the world’s largest global environment awareness event.  
Novotel Hyderabad Convention Centre switched off all the non-essential lights for one hour in a bid to bring awareness to the growing concerns of global climate change.  The Hotel also demonstrated its commitment to the environment by providing guests with a host of energy-saving service offerings ranging from creative dining options to guest friendly activities.
The Restaurants and lobby were creatively lit up with candles to save power. The in-house guests were encouraged to participate by requesting them to switch off the lights of their rooms for an hour in support of Earth Hour.
Earth Hour at Novotel Hyderabad Convention Centre was a great initiative to demonstrate how small, simple steps like turning off lights can help make a difference in protecting our communities for a sustainable future.

Monday 30 March 2015

Equitas Micro Finance completes 3 securitisation transactions worth Rs.210 Crores

Equitas Micro Finance the MFI arm of the Chennai based Equitas Holdings completed 3 securitisation transactions worth Rs.210 Crores of microfinance receivables. Equitas has completed 8 such transactions amounting to Rs.575 Crores during the current financial year 2014-15.

In a securitisation deal, pools of assets such as auto loans, mortgage, microfinance loans, etc., are pooled together and hived into special investment vehicles, which issues Pass Through Certificates (i.e. PTCs) bought by investors.

Speaking about the transactions Mr. S.Bhaskar, Group Chief Financial Officer of Equitas Holdings said, “Securitisation is an important source of funding for Equitas which provides microloans to the un-banked and under-banked sections of the society. Way Back in 2009 , Equitas Created history  by doing the first securitisation by an MFI in India . Since then the Company has done 19 securitisation transactions amounting to over Rs.1,270 Crores which are invested mainly by commercial banks and Mutual funds. Through such investments we are able to meet the funding needs of unbanked segments of the society and also channelizing the bank funds which in turn meetsthe priority sector lending norms stipulated by RBI.”

He further added. “RBI in its recent study has stressed upon the continued importance of priority sector lending policy to enhance the credit flow to underserved segments such as small and marginal farmers, micro enterprises, weaker sections among others.Equitas aims to play a significant role in the flow of credit to these underserved segments of the society. “

Friday 27 March 2015

Best Western Ashoka Hitec City Launches Crossroad Cafe Multi Cuisine Coffee Shop

Best Western Ashoka Hitec City today launched Crossroad Cafe- a multi cuisine coffee shop at the property. 
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Crossroad Cafe with its elegant interiors combined and warm ambience is perfect place for a relaxing Breakfast, lunch & dinner with family & friends.

The coffee shop is an ideal venue for corporate and business people as it offers an interesting spread of food at great prices.  The menu is specially created by the Best Western team of chefs keeping in mind the local dining preferences, with an impressive selection of vegetarian & non vegetarian dishes.  The restaurant takes you on a culinary journey by creating flavors that leave ones palate absolutely delighted.
For those who prefer dining conversations over the scanning of menus the restaurant has a choice of menus for Lunch & dinner. The breakfast buffets are economically priced and offer an excellent array of food. The place is perfect for parties & celebration too with comfortable seating and elegant styling.
Speaking on the occasion Mr. Karteesh Reddy Madgula - Executive Director, Progressive Hotels Pvt Ltd. & Best Western AshokaHitec City said “Our focus is to offer unmatched service and best quality food to our customers. Crossraod CafĂ© promises a dining experience that is truly memorable.  Crossroad will provide a unique culinary experience that celebrates Indian, Oriental & Continental cuisine. We also plan to offer Express Lunch service soon t
o cater to the needs of business and corporate guest in our vicinity. ”

Launch Party of Tabla 5th branch at Kothapet

Tabla Group, one of the finest restaurant brands in Hyderabad today launched its fifth TABLA restaurant at           Kothapet. Tabla introduces a zenith of plush interiors, State of the art Lounge, and a sumptuous array of exquisite Indian cuisines to the residents of Kothapet. The restaurant embodies finesse and bequeaths addictive flavours, upscale service and sophisticatedly designed space to enthrall the guests and customers. The gala event was attended by Director Raghavendra Rao, Actor Daggubati Venkatesh, Actress Ashwini , Actress Nanditha Raj, Ranya Kannada actress, Actress Neelima Rani along with the Tabla Management Vikram Kadire and Vijay Kadire ( Managing Partner), Mr. Koti Rao (General Manager), Abhinaya, Amit & Prateek. 


Located centrally at 6 Fashion Mall, besides Shalini Theatre with a seating capacity of 120, Tabla offers a panoramic view of glistening lights creating a relaxed, contemporary setting. It is specially designed with an eye for the young and urban people who can enjoy the spectacular ambience and relish incredible food. The Tabla is promoted by Vikram Kadire and Vijay Kadire. These two illustrious hoteliers bring with them immense experience in delivering the best, in line with the taste of the culinary customers in terms of taste, ambience and service.

Tabla bring in a fresh new perspective on the culinary extravaganza of the  city by offering the finest delicacies from the rich yet rustic nizami delights to the warm and earthy muglai and the desi tandoori platter and much more . The quintessential ambience and the breath taking food with its luxurious seating arrangement is a true delight for the discerning customers.

Apart from the restaurant the place also offers a banqueting space of 100 – 1200 pax. The place is ideal for family functions, get together and corporate events. There is a dedicated team of professionals who are working tirelessly to offer the best restaurant and banqueting services to the people in neighborhood areas.
Speaking on the occasion Mr. Vikram Kadire, Managing Partner- Tabla Group of Restaurants said “We are delighted to launch Tabla today at Kothapet. Tabla with its beautiful ambience & eloquent service will give more room for our guests to chill, enjoy, unwind and have a relaxed time. TABLA will enhance the overall offering of Tabla Group of Restaurants and provide the best fine dining experience in Kothapet in Hyderabad.”

Mr. Vijay Kadire, Managing Partner- Tabla Group of Restaurants similarly says that “The beautiful interiors coupled with Tabla's warm service and delicious food will provide a much needed experience to friends and fellow diners here.”

Mr. Koti Rao – General Manager Tabla Group of Restaurants said, "We are confident that ‘Tabla at  Kothapet will serve as the perfect venue for clientele in the vicinity for Fine dining, dates & drinks and also to enjoy get-togethers in modern and comfortable surroundings. Our range of food and drinks provide a point of interest for people to indulge in.”