WILMINGTON, MA — According to the Wilmington Town Clerk’s calendar, there are several town and school board, committee and commission meeting scheduled for the week of Sunday, January 6, 2019.Sunday, January 6No MeetingsMonday, January 7No MeetingsTuesday, January 8The Wilmington Board of Assessors meets at 11am in Town Hall’s Small Conference Room. Read the agenda HERE.The Wilmington Planning Board meets at 7:30pm in Town Hall Auditorium. Read the agenda HERE.Wednesday, January 9The Wilmington School Committee meets at 7pm in the High School’s Large Instruction Room. Read the agenda HERE.Thursday, January 10No MeetingsFriday, January 11No MeetingsSaturday, January 12No Meetings(NOTE: While unlikely, it is possible additional meetings could be added to this week’s calendar on Wednesday, Thursday, or Friday. It’s best to check the Town Clerk’s calendar mid-week.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email firstname.lastname@example.org.Share this:TwitterFacebookLike this:Like Loading… RelatedWhat’s Happening At Town Meetings This Week? (Week of September 8, 2019)In “Government”What Are Town Boards & Committees Talking About? (Week of September 1, 2019)In “Government”What Are Town Boards & Committees Talking About? (Week of July 28, 2019)In “Government” read more
Maruti Suzuki BalenoReuters fileSuzuki Motor Gujarat, the wholly owned subsidiary of Suzuki Motor Corporation started production of cars exclusively for Maruti Suzuki India from February. It was believed that the plant in Mehsana district of Gujarat will cut short the waiting period of the popular cars of Indo-Japanese automaker. However, it looks like the long waiting period for Maruti Suzuki cars are here to stay in 2017.The Gujarat plant is expected to produce between 150,000 and 175,000 cars in 2017, which is roughly around the same number the company produces in its Haryana plants. “But our backlog orders are already about 130,000 to 140,000 cars and if you add the normal growth of market demand and demand for new models launching this year, I feel we will still unfortunately continue with backlogs in some of the models,” ET Auto quoted RC Bhargava, Chairman of Maruti Suzuki as saying.Vitara Brezza, Baleno, Ignis and Baleno RS are the new models from Maruti Suzuki’s stable. The Vitara Brezza compact SUV was launched in March 2016 and it has already clocked over 2 lakh bookings. Maruti Suzuki managed to sell a little over 1 lakh units so far. The Baleno launched in October 2015 is still in demand. Maruti Suzuki currently sells nearly 7,000 units of Baleno monthly in the domestic market. Both Vitara Brezza and Baleno have over five months of waiting period at present depending on the city. Maruti Suzuki’s popular carsMaruti SuzukiThe Ignis and Baleno RS were launched in 2017. The Ignis has a waiting period of up to three months. The go faster version of the Baleno, the Baleno RS will take nearly a month for delivery. Though Maruti Suzuki has sets its sight on reducing the waiting period for its popular cars in 2017, the likelihood of that happening is on the slim side. read more
SoftBank Corp. Chief Executive Masayoshi Son speaks during a news conference, in front of a screen showing a picture of Rajeev Misra, former Senior Managing Director and Partner, Fortress Investment Group, and currently the head of Strategic Finance for SoftBank Group, in Tokyo November 4, 2014.Reuters fileTwo days after closing its billion-dollar funding initiative, Japanese conglomerate SoftBank announced that Rajeev Misra, currently CEO of SoftBank Investment Advisers, will be joining its board of directors along with four others.The 54-year-old, India-born executive and four others will be formally elected on June 21, SoftBank said in a statement on Wednesday (May 24). An alumni of University of Pennsylvania and MIT Sloan School of Management, Misra joined SoftBank in November 2014 and in October 2016, he was giving the mandate to lead the SoftBank Vision Fund. Misra heads SoftBank Investment Advisers that advises the SoftBank Vision Fund that completed fund-raising from Saudi Arabia, Mubadala Investment Company of the United Arab Emirates, Apple Inc., Foxconn Technology Group, Qualcomm Inc. and Sharp Corporation (“Sharp”) or their respective affiliates, according to an update released on Monday (May 22).He had earlier worked for Merrill Lynch for seven years working in derivative marketing and trading, followed by a short stint at Deutsche Bank AG as the Head of Credit Derivatives and Chief of Global Credit Trading. He also worked at UBS as the Global Head of Credit and Head of Fixed Income, Currencies and Commodities in Europe, Middle East and Africa Global Head of Credit and Head of Fixed Income, Currencies and Commodities in Europe, Middle East and Africa for five years, according to a profile update by news agency Bloomberg.Misra also served as an independent director at Eros International Plc. from December 1, 2014 to November 17, 2016.The $100-billion SoftBank Vision Fund has a mandate of investing in technology companies globally and has raised $93 billion till date.”The Fund will target meaningful, long-term investments in companies and foundational platform businesses that seek to enable the next age of innovation. The Fund will seek to acquire minority and majority interests in both private and public companies, from emerging technology businesses to established, multi-billion dollar companies requiring substantial growth funding,” according to SoftBank.Marcelo Claure, Sprint Corporation; Simon Segars, CEO, ARM Holdings Plc; Mark Schwartz, Senior Director, Goldman, Sachs & Co. and Yasir O. Al-Rumayyan, Managing Director and Board Member, the Public Investment Fund (PIF) of the Kingdom of Saudi Arabia, are the other four executives who will be joining the SoftBank board.SoftBank’s investments in India include $1.4 billion in mobile wallet Paytm owned by fintech company One97 Communications. Paytm became Paytm Payments Bank with effect from May 23. Besides, SoftBank has also invested in cab-hailing company Ola and e-commerce firm Snapdeal. Snapdeal is rumoured to be acquired by bigger rival Flipkart. read more
The D.C. Commission on the Arts and Humanities will hold a “Dance With Me” event at Gateway DC, 2700 Martin Luther King Jr. Ave. S.E. on July 17 from 7:00 p.m. – 10:30 p.m. The event will include performances by 1960’s Doo-Wop group The Jewels and Brencore Allstars with a tribute to Motown and an Interactive Hand Dance workshop with the National Hand Dance Association. The cost is free. There will be an open dance floor and lawn chairs welcomed. For more information, contact Ebony Brown at email@example.com or by phone 202-724-5613.