No. 118 | May 2015 - Indo-German Chamber of Commerce

Transcription

No. 118 | May 2015 - Indo-German Chamber of Commerce
 No. 118 | May 2015
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EVENTS
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Business/Schengen Visa and Compliance Seminar for Corporates/Companies – Registration Open
The IGCC in association with the Visa Section of the German Consulate is organizing a seminar on Business/Schengen Visa
and Compliance on Wednesday, 20th May 2015 from 14:00 hrs to17:00 hrs at the Indo-German Training Centre (IGTC),
Churchgate, Mumbai.
The seminar is split into two parts – first session will address compliance issues like legal, HR, tax etc. with regard to doing
business with/setting up office in Germany. And the second part is about visa documentation process for Business/Schengen
Visa, Blue Card, Work Permit etc.
Prior registration is mandatory and a participation fee of Rs. 2500+tax (as applicable) via cheque (Indo German Chamber of
Commerce) or NEFT is payable at the time of registration.
Please note that the seminar is only for corporates/companies and not for travel agents/companies.
For registration please contact Rajeena: rajeena.pflug@indo-german.com, 66652132/121
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Founders’ Day Lecture on Monday, 25th May 2015, Mumbai
The IGCC will organize its Founders’ Day Lecture 2015 on 25th May 2015 in Mumbai.
Eran Wickramaratne, Deputy Minister of Highways and Investment Promotion, Sri Lanka, will give the lecture.
IGCC members will receive an invitation to this event in due course.
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News Alert for Sri Lanka
AMB Events from Kuala Lumpur will organize an infrastructure event in the Sri Lanka Exhibition & Convention Centre in
Colombo.
Dates: 28th to 30 May 2015
Venue: Sri Lanka Exhibition & Convention Centre, Colombo
The event will focus on the areas of Building and construction (“Lankabuild”), Energy (“Lankaenergy”) and Water (“Lankawater”).
Please find below links to the brochures of the event according to the industry:
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Lankabuild 2015 Brochure - https://drive.google.com/file/d/0Bx0ZWEG1sfP6a3JxWVo0ZlVYdGc/view?usp=sharing
Lankaenergy 2015 Brochure - https://drive.google.com/file/d/0Bx0ZWEG1sfP6eWh0Wkx6Z2UzVGc/view?usp=sharing
Lankawater 2015 Brochure - https://drive.google.com/file/d/0Bx0ZWEG1sfP6dEdnb2gtbGtnZTA/view?usp=sharing
For further details on participation please write to mira.dalvi@indo-german.com
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EDUCATION & TRAINING
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Collaborate with IGTC as a Partnering Training Organization
and participate in the Trainee Selection Process 2015
An opportunity to provide a training position in your organization and to become a joint partner in nurturing management
trainees for tomorrow!
Like us on www.facebook.com/IndoGermanChamberofCommerce to stay tuned to news / updates
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Indo-German Training Centre welcomes the support of IGCC member organizations to provide its management trainees with
practical, on-the-job training and the best exposure to world-class processes and management systems in cross-functional
business departments. The collaboration is critical to sustain the quality of the unique IGTC Post Graduate Programme in
Business Administration (PGPBA) based on the German Dual Education System.
As a Partnering Training Company, IGCC member organizations are invited to:
Conduct the Trainee Selection Process at IGTC on Tuesday 9th June 2015 (B.E./B.Tech./ B.Sc. students) and Wednesday 10th
June 2015 (B.Com/ B.B.A./ B.M.S./ B.A. and other students) and to select a management trainee based on their organizational
requirements.
Offer confirmed, on-the-job management training in the company for six months: January-February 2016, June-July 2016
and November-December 2016 - as a part of the PGPBA curriculum.
Pre-plan the training process with meaningful assignments and live projects, so that the trainee develops under real conditions
in the organization, acquires detailed business knowledge and soft skills through mentorship from experienced industry
professionals.
Assess the possibility of a final placement in the organization at the end of the training period, based on overall work
performance of the trainees, their career interests and job profiles available within the organisation.
However, please note that there is no obligation on the part of the organization to recruit the trainee on completion of the
practical training. A stipend must be offered to the trainee for the practical training months, based on the company’s policy.
We look forward to your positive participation in this training initiative to create better management graduates for the future.
For more details on participation in the Trainee Selection Process, please contact Radhieka R Mehta, Director, IGTC at
director@igtcindia.com or call on +91-22-22846830 / +91-22-22822002.
Admissions Open for Executive Business Management Programme (EBMP): July Batch 2015-2016
Inviting high performing managers with minimum three years of work experience to gain holistic, cross-functional
perspective to all aspects of management, and the essential thought process and skills required to assume leadership
positions in the organizations.
One year, weekend programme with lectures on alternate weekends (Saturday and Sunday) conducted in Mumbai, Pune and
Bangalore
Comprehensive General Management curriculum taught by highly experienced faculty with proven track records in the world of
management education
Teaching pedagogy includes lectures, presentations, case studies, management games, in-class assignments and group work
Peer group consists of managers from leading Indo-German member companies, resulting in engaging discussions and
deliberations in class
Certificate awarded by the Indo-German Chamber of Commerce
For further information, download printable version of EBMP E-Brochure from www.igtcindia.com. Contact:
EBMP Mumbai and Pune
Ms. Veena Kulur
+91-22-22834773
ebmp@igtcindia.com
EBMP Bangalore
Ms. Anitha C
+91-80-40926130
bangalore@igtcindia.com
EBMP Chennai
Ms. Prabha Gurumurthy
+91-44-28340107
chennai@igtcindia.com
EBMP Kolkata
Ms. Rupashri Ghosh
+91-033-22837962
rupashri.ghosh@indo-german.com
Admissions Open for Post Graduate Programme in Business Administration Batch 2015-2017
18-months, full-time business administration programme based on the German Dual Education System: general
management curriculum at IGTC alternated with 3 cross-functional, on-the-job training stints in a partnering German
organization
German organizations conduct the Admission Process: only applicants selected by them are given admission to the
programme and offered exposure to German processes, practices and work culture
Like us on www.facebook.com/IndoGermanChamberofCommerce to stay tuned to news / updates
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Programme culminates into sustainable careers in commercial and techno-commercial functions: Sales & Marketing;
Accounting, Controlling & Finance; Procurement, Logistics & Supply Chain; Human Resources and Corporate
Communication in German and other organizations
For further information, download printable version of PGPBA E-Brochure from www.igtcindia.com or contact
IGTC Bangalore
Ms. Anitha C
+91-80-40926130
bangalore@igtcindia.com
IGTC Chennai
Ms. Prabha Gurumurthy
+91-44-28340107
chennai@igtcindia.com
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EUREM Energy Efficiency Trainings 2015 in Delhi, Bangalore and Pune
The EUREM Training is the energy efficiency training of the Indo-German Chamber of Commerce and helps employees of small
and medium sized companies in India to calculate energy consumption and to identify potential savings for their companies.
Participants get a globally recognized certificate of being an Energy Efficiency Specialist.
Courses in Delhi, Bangalore and Pune starting in May 2015
For more information, kindly visit http://indien.ahk.de/training/eurem/ or contact your nearest IGCC branch:
New Delhi:
Sumati Sud, Tel. 011-47168810 E-mail: sumati@indo-german.com
Bangalore:
Leonara Correia, Tel. 080-22265650 E-mail: bangalore@indo-german.com
Pune:
Aadishree Jamkhedkar, Tel. 020-4104 7124 E-mail: aadishree.jamkhedkar@indo-german.com
Mumbai:
Gwenda Schobert, Tel. 022-66652128 E-mail: gwenda.schobert@indo-german.com
Chennai:
S. Raj, Tel. 044- 28340835 E-mail: s.raj@indo-german.com
Kolkata:
Sabina Pandey, Tel. 033-2283 7962, E-mail: s.pandey@indo-german.com
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Alumniportal Deutschland
Alumniportal Deutschland is a web based portal for people who have studied/worked in Germany/ at a German institute
abroad or have studied the German language to network, find jobs and connect to more than 100,000 Co-Alumni’s.
Companies can put up vacancies, promote their services and look for experts.
For more information visit http://www.alumniportal-deutschland.org or contact Aadishree Jamkhedkar
aadishree.jamkhedkar@indo-german.com / 020 41047124
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VETnet
As known to most of you the VETnet aims at the implementation of key elements of the German Dual Vocational and
Education System in India and builds on an industry-driven approach.
IGCC achieved a milestone in VETnet with a pilot training course in basic metal working modelled on the German system
together with and at the Don Bosco Private Industrial Training Institute on 2 March 2015. The students are from the
companies Mubea, Schmersal, Gear, Schaeffler and Don Bosco itself.
For more information contact: Judith.evers@indo-german.com / 020-410 47 108
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EVENTS AT OUR BRANCHES
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PUNE
The Indo- German Chamber of Commerce, Pune together with Roedl & Partner Consulting Pvt. Ltd. is organizing an IndoGerman Business Meet on Tuesday, May 19, 2015. The topic of focus is the proposed implementation of Goods and Services
Like us on www.facebook.com/IndoGermanChamberofCommerce to stay tuned to news / updates
Tax (GST) by the Government of India: Expected Structure of GST and its Impact on Business
For more details please contact Ms. Aadishree Jamkhedkar aadishree.jamkhedkar@indo-german.com, Tel: 020-4104 2124
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The second EUREM energy efficiency training in Pune starts on 4th June, 2015. Interested companies should contact
Aadishree Jamkhedkar, Telephone: 020-4104 7124, E-mail: aadishree.jamkhedkar@indo-german.com
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Partner Support Program (PSP)
IGCC provides support to expatriates and their spouses to ease their experience abroad in terms of advice for work and
career, intercultural trainings and social work. The program also entails language courses and management degree
courses. For more information contact the IGCC PSP counselor Judith Evers Judith.evers@indo-german.com or
Visit http://indien.ahk.de/services/partner-support-program/
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Office-in-Office Offer
The Indo-German Chamber of Commerce in Pune (located at the following address: 710 Nucleus Mall, 1 Church Road,
Opp. Police Commissioner’s Office, Pune 411001) offers a separate cabin with 3 working places at its own facilities. The
office is conveniently located within easy reach of Pune’s main business districts, several 5* hotels, the main railway
station as well as the NH #4 from/to Mumbai. For further details please contact Pune office Tel: 020-41047108
NEW DELHI
The first EUREM energy efficiency training in New Delhi starts on 7th May 2015.
Interested companies should contact Sumati Sud, Telephone: 011-47168810, E-mail sumati@indo-german.com
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KOLKATA
IGCC Kolkata will conduct an information session on “SES – Senior Experten Service” in Shillong, Meghalaya on
Monday, 18th May 2015.
For information please contact Ms Sharon Mogose 033-2802236 / sharon.mogose@indo-german.com
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BANGALORE
The first EUREM energy efficiency training in Bangalore starts on 18th June, 2015. Interested companies should contact
Leonara Correia, Telephone: 080-22265650, E-mail: bangalore@indo-german.com
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GERMAN TRADE FAIRS:
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Important: To avoid a last minute rush, all those planning to travel to Germany to visit/ exhibit at Trade fairs, can apply for a
Schengen visa at the Embassy/ Consulate of the Federal Republic of Germany at least 3 months in advance. Passports issued more
than 10 years ago will not be accepted. Passport validity should be least 3 months beyond the intended duration of stay in the
Schengen territory and needs to contain at least two empty pages. Visa Information & requirements are available at:
http://www.mumbai.diplo.de/Vertretung/mumbai/en/04/Visabestimmungen/schengen.html
NUREMBERG Trade Fairs
Stone+tec – International Trade Fair for Natural Stone and Stone Processing Technology is back again from 13 to 16
May 2015 at the Nuremberg Trade Fair Centre, Nuremberg, Germany. More than 500 companies will participate at the
next Stone+tec and nearly 20000 visitors will attend the fair from around the world. Applications for participation are
now open. Indian companies are invited to take a booth at the fair.
Download the application form from www.stone-tec.com/application
Like us on www.facebook.com/IndoGermanChamberofCommerce to stay tuned to news / updates
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BIOFACH CHINA – International Trade Fair for Organic food from 28 to 30 May, 2015 at the Shanghai World Expo
Exhibition and Convention Centre, Shanghai, China. More than 400 exhibitors and 20000 b2b visitors are expected to
attend the next BIOFACH CHINA. For more information visit www.biofach-china.com
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InterBev Beverage – International Trade Fair for Beverages from 9 to 11 June 2015 at McCormick Place – South Hall,
Chicago, USA. Together with FMI Connect, United Fresh, PMMI, and the U.S. Food Showcase, InterBev Beverage will
attract 25,000 visitors. Everyone who buys and sells beverages — whether in traditional channels or new ones, will find
ideas, products and solutions for their businesses at InterBev Beverage.
For more information to participate, visit www.interbev.com.
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BIOFACH AMERICA – ALL THINGS ORGANIC is scheduled to be from 17 to 19 Sept, 2015 at Baltimore, USA BIOFACH
AMERICA - ALL THINGS ORGANIC offers manufacturers and traders the opportunity to get to know the North American
organic market better. Participation is now invited for foreign companies to present their products to nearly 20,000 plus
visitors. Visit the website www.biofach-america.com for more information.
For details on Nuremberg Fairs contact Ms. Haleema Sayed haleema.sayed@nm-india.com / 022-66652127/2121
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SPIELWARENMESSE Events
Kids India 2015: 24-26.09.2015, Mumbai, India
For further details contact Ms. Tanu Ailawadi tanu@indo-german.com
www.sensor-test.com
Products on display:
o Sensor elements, sensors, sensor systems und sensory measurement equipment, services, research and development
for sensor technologies
o Measuring systems, equipment, components and software
o Measuring and testing systems for automotive/aeronautical engineering, materials and quality testing, customerspecific measuring and testing systems
o Laboratory measuring equipment, calibration, analytical and test equipment
o Calibration and services for measuring and testing equipment
For visitor information please contact ruby@indo-german.com Tel. 022 66652130
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BERLIN Trade Fairs
Stage|Set|Scenery 2015
Stage|Set|Scenery is the leading trade fair for theatre planning, stage, light, audio, video and media engineering as well
as make-up and costume design and will be extended by acoustics, studio, presentation and museum technology
sections. The trade fair is organised by Messe Berlin GmbH and DTHG, its non-commercial sponsor and will take place
from June 9-11 at the Berlin Exhibition Grounds
Permanent fair pass with Congress: EUR 32 = Rs.2350/- Day pass with Congress ticket: EUR 20 = Rs.1450/-
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IFA Berlin 2015
The global trade show for consumer electronics & home appliances will present the latest products & innovations in
Berlin from 4-9 September. Don’t miss the opportunity to explore emerging trends and celebrate the premieres of new
technologies & products. Special admission ticket prices: Day ticket = Rs.2100/- All days = Rs.2950/-
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CMS Berlin 2015
Like us on www.facebook.com/IndoGermanChamberofCommerce to stay tuned to news / updates
Europe’s top industry trade show for cleaning equipment, floor care, hygiene, health care and facility management opens
its doors from 22-25 September at the Berlin Trade Fair Centre. As part of the CMS 2015 Berlin – Cleaning,
Management, Services, discussions at the 2nd International CMS Congress will focus on the factors of “People and the
Market”. Be a part of this industry event and order your CMS Congress ticket now! You will find more recent information
for CMS 2015 at www.cms-berlin.com.
For all information on Berlin Fairs, please contact Ms Deepika Unni at berlinfairs@indo-german.com Tel: 22 66652169
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HAMBURG Trade Fairs
Mineralien Hamburg 2015
Be there when the world’s fourth largest mineral trade fair opens its doors from 4th-6th December, 2015 at Messe
Hamburg. Stand allocation begins from May 2015. Send in your registration quickly and inform us about your preferred
stand or table space.
For all information on Hamburg Fairs, write to Ms Deepika Unni at hamburgfairs@indo-german.com or call on Tel: 22
66652169
INDIAN TRADE FAIRS : YOUR STEP INTO THE FASTEST GROWING MARKET
Kids India 2015 - 24-26 September 2015, Bombay Convention & Exhibition Centre, Mumbai
The second edition of 'Kids India' will take place at the Bombay Convention & Exhibition Centre in Mumbai from
24-26.09.2015. Spielwarenmesse eG is supported by the Indo German Chamber of Commerce (IGCC) in the organization
of Kids India. The show will also be supported by SGEPC (Sports Goods Export Promotion Council) and TAITMA (The All
India Toy Manufacturers Association). The fair has established itself as the one stop event for the toy industry in India
and we are looking forward to an even more successful event this year.
For further details please visit www.kidsindia.de or contact tanu@indo-german.com
IREE - International Railway Equipment Exhibition – 14-16 October, 2015, New Delhi, India
IREE - International Railway Equipment Exhibition is India’s Largest Railway Exhibition organised by CII in association
with the Indian railways which will be held at Pragati Maidan from 14-16 October, 2015, New Delhi.
Originating from Kolkata during 1990, the show has rapidly grown ever since. IREE is the largest convergence of global
Rail Industry which provides an opportunity to enhance knowledge and showcase the technological advancement &
development in railway and its related sectors. The IREE 2015 will provide a glittering centre-stage for Rail-Technology
related organizations or individual to display the strength, advancement and their future plans.
IREE allows important individuals and organizations to share the platform with who’s who of the Rail Industry.
For further information contact tanu@indo-german.com or sushila.pharswan@indo-german.com
Like us on www.facebook.com/IndoGermanChamberofCommerce to stay tuned to news / updates
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PAINTINDIA 2016, 21st–23rd January, 2016: Bombay Convention and Exhibition Centre, Mumbai, India
The PAINTINDIA series of exhibitions, since their inception in 1993, have been the pioneering and premier coatings
exposition for the coatings industry in the Indian sub-continent. The next version of exhibition will be organised in
Mumbai from 21st-23rd January, 2016.
PaintIndia has built a place for itself as the pioneer and the only journal in the coating industry not only in India, but in
the entire Far East. It has all along championed the cause of the coating industry to the extent that the Indian Industry
looks up to the journal for objective presentation of news, independent expression of views and dissemination of
information in continuing research in coatings and raw materials, and its allied fields.
For Space Booking, please email Ms. Sakshi Sawhney at sakshi.sawhney@nm-india.com or call +91‐11‐47168823 fensterbau/frontale india 2016 : 25th–27th February, 2016
The 6th edition of fensterbau/frontale india – “India’s only focussed event for the window, door and façade Industry “will
be held at Bombay Convention and Exhibition Centre, Mumbai. The international exhibition and conference has
continuously developed over the years as a dedicated platform showcasing quality products, offering educational
programs and taking fenestration to the grass root level through training workshops. The product spectrum at
fensterbau/frontale india includes structural and profile systems, Semi-finished materials, Materials, production aids,
Glass, glass products, Hardware, fixing and safety equipment, Shading and ventilation equipment, Machines, tools,
Operating systems etc.
The event is organized by NürnbergMesse India and supported by the Indo-German Chamber of Commerce, ift Rosenheim
and the International Fenestration Forum.
For further information visit www.frontale-india.com or contact Ms. Rucheeka Chhugani, Project Manager,
E-mail rucheeka@indo-german.com Tel: +91 11 47168828
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SERVICES
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German Trade & Information
If you are looking at doing business in Germany, we help you to find the right business partner in Germany. You can avail
of our vast up-to-date database on German importers, exporters, manufacturers, suppliers & service providers. We help
to promote your company in the German market through our tie-ups with various German trade publications and
through the vast network of the local German Chambers of Commerce present in each city in Germany.
For more details, please contact chaitra.dole@indo-german.com, Tel: +91 22 66652159
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Indo German Chamber of Commerce [IGCC] and Sri Lanka – **NEW**
IGCC is proud to announce its association & cooperation with the Sri Lankan German Business Council (SLGBC), the
Ceylon Chamber of Commerce (CCC) and the Economic Department of the German Embassy.
Like us on www.facebook.com/IndoGermanChamberofCommerce to stay tuned to news / updates
The objective of the association is to intensify information exchange via trade fairs, trade missions, support delegations,
facilitate business transitions and promote vocational training. Sri Lanka holds good potential for foreign companies,
particularly in the fields of textile, logistics, infrastructure and tourism and there are several projects underway where
they seek Indian & International support.
If you would like to invest in Sri Lanka or have business queries please contact mira.dalvi@indo-german.com
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IGCC’s Media & Public Relations Services
If you are looking to boost your visibility in the Indian or German market, a good relationship to key media is the
precondition to build and foster your company’s image and enhance marketing efforts.
Under the IGCC’s Media and Public Relations Services we offer to prepare and forward personalized press releases,
organize middle-scale press conferences etc. The services offered are as follows:
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a) PRESS INFORMATION - Forward/ Communicate your company’s news to key press audiences
b) PRESS CONFERENCE - Interact with the media
For further information please contact Ms. Rajeena Pflug rajeena.pflug@indo-german.com or 022-66652132
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Senior Experten Service (SES)
Since 1983, the Senior Experten Service (SES) has been helping small and medium-sized companies to help themselves,
aided by Senior Experts - specialists who, having completed their active professional lives joined SES to pass on their
knowledge on a voluntary basis. SES is the Foundation of German Industry for International Cooperation, a non-profitmaking organization. SES support may also be available to public institutions, authorities and vocational training
institutions. Although assignments mainly take place in developing and emerging countries, they also provide help in
Germany. For further details contact the Indo-German Chamber of Commerce, Sharon Mogose Tel.: 033 22802236
sharon.mogose@indo-german.com
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PUBLICATIONS
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Indo-German Economy / Deutsch-Indische Wirtschaft– The Business Magazine of the Chamber
The Chamber’s magazine goes global! The German magazine “Deutsch-Indische Wirtschaft” will now be printed in
English only. From 2015 onwards, our non-resident as well as resident members will receive our magazine in English.
Hence, the circulation and reach remains the same.
Partners in Progress German Companies in Eastern India *NEW*
Rich natural resources, a well-educated talent pool and the closeness to South-East Asia are some of the advantages
that the Region of Eastern India offers. Since the opening of the Kolkata office in 1957, IGCC has promoted business
relations between Germany and the region. The company profiles in the publication offer a snapshot of what is possible.
Contact rupashri.ghosh@indo-german.com
IGCC Members Directory 2014-2015
The Members Directory 2014-2015 is NOW AVAILABLE. Please contact us to purchase your copy.
IGCC Contract Guide (in English)
The IGCC Contract Guide provides valuable information on Indian contract law and outlines some of its distinctive
features. It contains samples of various contracts as Distributorship agreement and Articles of Association. Especially for
foreign companies the IGCC Contract Guide serves as a valuable handbook for setting up valid contracts in India.
PUBLIC PROCUREMENT IN INDIA – Öffentliche Ausschreibungen in Indien” (In English & German)
The publication aims to provide an overview of the existing regulations on public procurement in the Republic of India
for public entities, as well as bidders in public tenders. The Indian government presented a new unified procurement law
for the Republic of India this year - possibly with a view to the likely conclusion of a free trade agreement with the EU.
Like us on www.facebook.com/IndoGermanChamberofCommerce to stay tuned to news / updates
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Joint Ventures, Mergers & Acquisitions in India (in German and English)
This book is intended to serve as a preliminary guide to German / Indian companies planning collaboration in India.
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Arbeiten in Indien (in German)
It is advised that German companies sending their employees to India should look into taxation for expatriates. IGCC’s
publication “Arbeiten in Indien” covers all these aspects and serves as an introduction on this subject and prevents the
occurrence of mistakes.
Indian Firms doing Business in Germany (in English) – 9th Edition, March 2012
The book is a list of firms in Germany with Indian part / sole ownership and branch offices of Indian companies in
Germany. It is available only as a hardcopy. Postage free
How to do Business in Germany (in English) - 16th Edition, January 2011
The book offers essential hints needed to start a business like details on infrastructure, taxes, foreign exchange
regulations including legal regulations etc. It is available only as a hardcopy. Postage free
Directory of German Companies in India – I Collaborations, Joint Ventures & Subsidiaries (English) - 13th Edition,
February 2010
The Directory is an alphabetical listing of all the German Companies – Collaborations, Joint Ventures and Subsidiaries
operating in India with a product index for members. It is available only as a hardcopy. Postage free
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The Business Law Magazine: a cooperation with the Indo-German Chamber of Commerce
The Business Law Magazine is an online English-language magazine primarily aimed at company lawyers, managing
directors, judges, prosecutors and attorneys in Germany’s leading trade partners. In articles written with real-world legal
practice in mind, the magazine explores all important questions related to German corporate, commercial, tax, labor,
compliance and IP/IT law. http://www.businesslaw-magazine.com/
For further details please contact publications@indo-german.com or Tel.: 022-6665 2148
Do write in with your comments, views & suggestions to Radha Matthai at membership@indo-german.com /
022-66652121 | www.indo-german.com
Branch Offices: New Delhi | Kolkata | Chennai (Madras) | Bangalore | Pune | Liaison Office: Düsseldorf
Like us on www.facebook.com/IndoGermanChamberofCommerce to stay tuned to news / updates