Press release from Business Wire India
Source: Cisco WebEx
Saturday, July 31, 2010 08:40 PM IST (03:10 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology; Technology
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Cisco WebEx Online Collaborative Tools Radicalize Training over the Web
Bangalore, Karnataka, India, Saturday, July 31, 2010 -- (Business Wire India) -- Most organizations would like to measure the costs invested in training initiatives against anticipated results. The challenge is that it is far easier to measure the costs of conducting training than it is to quantify results. Staff training is expensive, unpredictable but often necessary in the interest of productivity. To make sure it's money well-spent, consider cost-options for training.
How training organizations and other businesses deliver training
"While many a training program has succeeded in accommodating learners, certain challenges and inefficiencies have been central to the entire business of delivering training. The cost of delivering training to partners, employees, and customers has been high but perceived as necessary: travel, limited geographic reach, and the challenge of bringing additional subject matter experts into the classroom were obstacles to be across. Thus training organizations traditionally have delivered the best possible results "under the circumstances," often with the distraction of side issues (logistics and cost) that blocked the ability to focus on what was best for both trainers and learners, as well as the entire business" says Kiran Datar, Managing Director, Cisco WebEx.
Organizations are turning to Web Conferencing
Web conferencing has been available and in use for many years in the workplace, but the pace of adoption has quickened in recent years. Live web-based events are now seen as a key ingredient of training programs - an ingredient that is beginning to equal the importance of other approaches - and we can now say for certain that it is beginning to displace live training events. Organizations are increasingly choosing online training in an effort to optimize efficiency.
Web conferencing allows organizations to accomplish more with fewer resources. The cost savings for them are particularly critical when their budgets are tight. Thanks to Web conferencing, trainers can now teach their classes from wherever they are. Geography is no longer a factor, and they can maximize their faculty's knowledge and productivity.
Through web conferencing, trainers can serve five times as many people as they could with on-site training sessions. And they can provide all of that, while eliminating travel time, saving money on gas, and reducing our carbon footprint.
Promising future for collaboration market
Cost cutting has become an important activity across industries. A penny saved is a penny earned, especially in today's marketplace where competitions are intense and margins highly stressed. Cost cutting in training can be done efficiently through the use of Web Conferencing. Training no longer has to be a necessary evil but a joy. Investing in developing and improving the talent of the workforce can only lead to better long term returns in the future.
CONTACT DETAILS
Karthy Prasanna, brand-comm, +919686260350, karthy@brand-comm.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, TECHNOLOGY
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Saturday, July 31, 2010
BWI: IndiaMART.com Sponsors 6th Food & Technology Expo 2010
Press release from Business Wire India
Source: IndiaMART
Saturday, July 31, 2010 04:34 PM IST (11:04 AM GMT)
Editors: General: Consumer interest, Food & drink; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment; Technology
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IndiaMART.com Sponsors 6th Food & Technology Expo 2010
New Delhi, Delhi, India, Saturday, July 31, 2010 -- (Business Wire India) -- -- To provide vast growth opportunities to SMEs in food & agro industry
-- To showcase latest innovations in the industry
Gauging an immense potential that the food and agro industry holds for Small and Medium Enterprises (SMEs), IndiaMART.com, India's largest online B2B marketplace, has decided to sponsor a leading trade event in the sector - 6th Food & Technology Expo 2010. To be organized by NNS Media Group, IndiaMART 6th Food & Technology is scheduled from 6th August to 8th August, 2010 in Expo Centre, Noida, U.P. Like its earlier editions, the coveted trade event will provide an excellent forum for SMEs in agro-based, food processing and related technology sectors to display and discuss their latest innovations with their peers and prospective buyers.
Delighted with this association, Mr, Dinesh Agarwal, Founder and CEO, IndiaMART.com, said, "The food and agro is a thriving industry in India, more so with the government according high importance to it. Capitalizing on this, IndiaMART Food & Technology Expo 2010 intends to provide a window of opportunities for visibility and growth to existing and upcoming SMEs in the sector. I am sure, this year too, it would be able to facilitate effective buyer-supplier interaction and also showcase the status on advancements and developments in the sector. Since this is completely in line with our commitment to the Indian SMEs, we are proud to associate with NNS Media Group for such an acclaimed trade event."
IndiaMART 6th Food & Technology Expo 2010 aims to bring together suppliers, manufacturers, exporters and buyers on a common platform and assist in their networking, growth and progress. To establish this, the leading trade event would also host a concurrent exhibition 'Hightech Agriculture and Horti Expo' and concurrent conferences named 'India International Conference on Rice (7th August)' and 'India International Conference on Pulses (8th August)'. With the expo aiming to strengthen the sector, various trade associations are lending their support to it. Some of these include All India Rice Millers Association, U. P. Rice Millers Association, et al.
IndiaMART.com has been ardently supporting significant trade events across the country and even overseas. The online B2B marketplace had recently associated with two premier industry exhibitions - IndiaMART International Foundry Tech 2010 and IndiaMART AMTEX 2010. Both the acclaimed trade shows were grand spectacles and saw huge participation from the companies in the respective sectors.
About IndiaMART.com
IndiaMART.com is India's largest online B2B marketplace connecting global buyers with suppliers through business directories, online product catalogs, buy-sell offers, industry specific marketplaces, printed media and trade shows participation.
Founded in 1996, the company has a pan-India presence in over 100 cities. With over 2000 employees located across 46 offices in the country, IndiaMART.com offers an extensive range of value-added products and services to its 10,00,000 registered members and nearly 5 million global buyers across various industries and verticals.
IndiaMART.com has won numerous awards over the years and has been widely covered by media such as CNBC, BBC, BusinessMoney, CNN, Businessworld, Economic Times, Financial Express, etc for its pioneering role in promoting SME business in the country. Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd (Times Group), India's largest print media group.
For more information, please visit: www.indiamart.com/press-section/
CONTACT DETAILS
Pawandeep Kaur, Manager - PR, IndiaMART, +91 9990098828/ +91 (120) 3911000, pr@indiamart.com
KEYWORDS
CONSUMER, FOOD, MARKETING, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: IndiaMART
Saturday, July 31, 2010 04:34 PM IST (11:04 AM GMT)
Editors: General: Consumer interest, Food & drink; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment; Technology
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IndiaMART.com Sponsors 6th Food & Technology Expo 2010
New Delhi, Delhi, India, Saturday, July 31, 2010 -- (Business Wire India) -- -- To provide vast growth opportunities to SMEs in food & agro industry
-- To showcase latest innovations in the industry
Gauging an immense potential that the food and agro industry holds for Small and Medium Enterprises (SMEs), IndiaMART.com, India's largest online B2B marketplace, has decided to sponsor a leading trade event in the sector - 6th Food & Technology Expo 2010. To be organized by NNS Media Group, IndiaMART 6th Food & Technology is scheduled from 6th August to 8th August, 2010 in Expo Centre, Noida, U.P. Like its earlier editions, the coveted trade event will provide an excellent forum for SMEs in agro-based, food processing and related technology sectors to display and discuss their latest innovations with their peers and prospective buyers.
Delighted with this association, Mr, Dinesh Agarwal, Founder and CEO, IndiaMART.com, said, "The food and agro is a thriving industry in India, more so with the government according high importance to it. Capitalizing on this, IndiaMART Food & Technology Expo 2010 intends to provide a window of opportunities for visibility and growth to existing and upcoming SMEs in the sector. I am sure, this year too, it would be able to facilitate effective buyer-supplier interaction and also showcase the status on advancements and developments in the sector. Since this is completely in line with our commitment to the Indian SMEs, we are proud to associate with NNS Media Group for such an acclaimed trade event."
IndiaMART 6th Food & Technology Expo 2010 aims to bring together suppliers, manufacturers, exporters and buyers on a common platform and assist in their networking, growth and progress. To establish this, the leading trade event would also host a concurrent exhibition 'Hightech Agriculture and Horti Expo' and concurrent conferences named 'India International Conference on Rice (7th August)' and 'India International Conference on Pulses (8th August)'. With the expo aiming to strengthen the sector, various trade associations are lending their support to it. Some of these include All India Rice Millers Association, U. P. Rice Millers Association, et al.
IndiaMART.com has been ardently supporting significant trade events across the country and even overseas. The online B2B marketplace had recently associated with two premier industry exhibitions - IndiaMART International Foundry Tech 2010 and IndiaMART AMTEX 2010. Both the acclaimed trade shows were grand spectacles and saw huge participation from the companies in the respective sectors.
About IndiaMART.com
IndiaMART.com is India's largest online B2B marketplace connecting global buyers with suppliers through business directories, online product catalogs, buy-sell offers, industry specific marketplaces, printed media and trade shows participation.
Founded in 1996, the company has a pan-India presence in over 100 cities. With over 2000 employees located across 46 offices in the country, IndiaMART.com offers an extensive range of value-added products and services to its 10,00,000 registered members and nearly 5 million global buyers across various industries and verticals.
IndiaMART.com has won numerous awards over the years and has been widely covered by media such as CNBC, BBC, BusinessMoney, CNN, Businessworld, Economic Times, Financial Express, etc for its pioneering role in promoting SME business in the country. Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd (Times Group), India's largest print media group.
For more information, please visit: www.indiamart.com/press-section/
CONTACT DETAILS
Pawandeep Kaur, Manager - PR, IndiaMART, +91 9990098828/ +91 (120) 3911000, pr@indiamart.com
KEYWORDS
CONSUMER, FOOD, MARKETING, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: AGC Networks’ Q3 Net up 42%
Press release from Business Wire India
Source: AGC Networks Ltd.
Saturday, July 31, 2010 04:16 PM IST (10:46 AM GMT)
Editors: General: Consumer interest, Economy; Business: Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst, Information technology, Stock exchanges, Telecommunications; Technology
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AGC Networks' Q3 Net up 42%
Has aggressive future plans for the longer term benefit of Customers and Employees
New Delhi, Delhi, India, Saturday, July 31, 2010 -- (Business Wire India) -- AGC Networks Ltd (formerly Avaya GlobalConnect), India's leading enterprise communications solutions integrator, today reported a consolidated Profit after Tax (PAT) for the third quarter ended June'10 at Rs. 7.36 Cr (up by 42.4% YOY). The company recorded a consolidated sales/income of Rs. 134.31 cr for the quarter.
The company's strategy has always been to provide best-in-class solutions for enterprise communications. Its constant endeavour has been to address industry pain points to accelerate their customers' business.
Along with business expansion, AGC Networks, through its program AGC-Univ will be actively investing in the competency development, professional guidance and viable, long-term growth plans for its people. Its focus on people was highlighted in a recent article that rated AGC among the best paymasters in India.
According to Anil Nair, Managing Director, AGC Networks Ltd., "We are delighted with Q3 business results. We look forward to maintaining a very healthy trajectory in terms of profitable growth in future quarters too. AGC Networks is now working on aggressive plans involving new geographies, showcasing the best brands in technology and introducing innovative business models that would benefit customers, making them more efficient and profitable. We aim to offer our customers a wider bouquet of intelligent communications to attain higher revenues while providing best returns on their technology investments (ROTI)."
AGC Networks ascribes its credible and successful track record and market dominance in the enterprise communications space for over 23 years, first as Tata Telecom and then as Avaya GlobalConnect, to the loyalty of its legion of satisfied customers and skilled employees.
Anil Nair further added, "Our customers will continue being partners in our success, as we keep on growing and expanding our operations across a much wider canvas within a new ownership structure. Customers trust us for our integrity and competencies in handling real time networks perfectly, while maintaining the strictest confidentiality about customer designs, price levels, processes and deployment. "
AGC Networks credibility has been further strengthened with the awards that have been conferred on the company recently. The company won the award for "Excellence in Unified Communication Solutions" at the Infocom CMAI National Telecom Awards in May 2010.
AGC has also won the "Award for Continuous Innovation in HR Strategy at Work" at Asia's Best Employer Brand Awards Forum 2010 held at Singapore on 23rd July 2010.
About AGC Networks
AGC Networks Ltd. is India's leading enterprise communication solution integrator delivering customized business solutions that help organizations accelerate revenue growth, increase market penetration, optimize operating costs and improve employee productivity, by embedding communication in their business processes. With a vision of being a world class solution integrator of choice, AGC Networks Ltd. has always remained committed to providing clients with the best returns on their technology investments. It partners with global leaders like Avaya, NICE Systems, NEC, Polycom, Plantronics, Jabra, Extreme Networks, HP and Sony. For more information visit the AGC Networks Ltd. web site: http://www.agcnetworks.com/
CONTACT DETAILS
Chhavi Leekha Sharma, AGC Networks Ltd, +91 (124) 4093330, Chhavi.Sharma@agcnetworks.com
Nidhi Mehra, 20:20 MEDIA, +91 9818331654, nidhimehra@2020india.com
KEYWORDS
CONSUMER, ECONOMY, MARKETING, BANKING, BUSINESS SERVICES, Financial Analyst, IT, STOCK EXCHANGES, TELECOMMUNICATIONS, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: AGC Networks Ltd.
Saturday, July 31, 2010 04:16 PM IST (10:46 AM GMT)
Editors: General: Consumer interest, Economy; Business: Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst, Information technology, Stock exchanges, Telecommunications; Technology
--------------------------------------------------
AGC Networks' Q3 Net up 42%
Has aggressive future plans for the longer term benefit of Customers and Employees
New Delhi, Delhi, India, Saturday, July 31, 2010 -- (Business Wire India) -- AGC Networks Ltd (formerly Avaya GlobalConnect), India's leading enterprise communications solutions integrator, today reported a consolidated Profit after Tax (PAT) for the third quarter ended June'10 at Rs. 7.36 Cr (up by 42.4% YOY). The company recorded a consolidated sales/income of Rs. 134.31 cr for the quarter.
The company's strategy has always been to provide best-in-class solutions for enterprise communications. Its constant endeavour has been to address industry pain points to accelerate their customers' business.
Along with business expansion, AGC Networks, through its program AGC-Univ will be actively investing in the competency development, professional guidance and viable, long-term growth plans for its people. Its focus on people was highlighted in a recent article that rated AGC among the best paymasters in India.
According to Anil Nair, Managing Director, AGC Networks Ltd., "We are delighted with Q3 business results. We look forward to maintaining a very healthy trajectory in terms of profitable growth in future quarters too. AGC Networks is now working on aggressive plans involving new geographies, showcasing the best brands in technology and introducing innovative business models that would benefit customers, making them more efficient and profitable. We aim to offer our customers a wider bouquet of intelligent communications to attain higher revenues while providing best returns on their technology investments (ROTI)."
AGC Networks ascribes its credible and successful track record and market dominance in the enterprise communications space for over 23 years, first as Tata Telecom and then as Avaya GlobalConnect, to the loyalty of its legion of satisfied customers and skilled employees.
Anil Nair further added, "Our customers will continue being partners in our success, as we keep on growing and expanding our operations across a much wider canvas within a new ownership structure. Customers trust us for our integrity and competencies in handling real time networks perfectly, while maintaining the strictest confidentiality about customer designs, price levels, processes and deployment. "
AGC Networks credibility has been further strengthened with the awards that have been conferred on the company recently. The company won the award for "Excellence in Unified Communication Solutions" at the Infocom CMAI National Telecom Awards in May 2010.
AGC has also won the "Award for Continuous Innovation in HR Strategy at Work" at Asia's Best Employer Brand Awards Forum 2010 held at Singapore on 23rd July 2010.
About AGC Networks
AGC Networks Ltd. is India's leading enterprise communication solution integrator delivering customized business solutions that help organizations accelerate revenue growth, increase market penetration, optimize operating costs and improve employee productivity, by embedding communication in their business processes. With a vision of being a world class solution integrator of choice, AGC Networks Ltd. has always remained committed to providing clients with the best returns on their technology investments. It partners with global leaders like Avaya, NICE Systems, NEC, Polycom, Plantronics, Jabra, Extreme Networks, HP and Sony. For more information visit the AGC Networks Ltd. web site: http://www.agcnetworks.com/
CONTACT DETAILS
Chhavi Leekha Sharma, AGC Networks Ltd, +91 (124) 4093330, Chhavi.Sharma@agcnetworks.com
Nidhi Mehra, 20:20 MEDIA, +91 9818331654, nidhimehra@2020india.com
KEYWORDS
CONSUMER, ECONOMY, MARKETING, BANKING, BUSINESS SERVICES, Financial Analyst, IT, STOCK EXCHANGES, TELECOMMUNICATIONS, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Friday, July 30, 2010
BWI: Capgemini Announces Half Year Results
Press release from Business Wire India
Source: Capgemini India Private Limited
Friday, July 30, 2010 06:37 PM IST (01:07 PM GMT)
Editors: General: Consumer interest, Economy; Business: Accounting & management consultancy services, Banking & financial services, Business services, Financial Analyst, Information technology, Stock exchanges; Technology
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Capgemini Announces Half Year Results
Paris, France, Friday, July 30, 2010 -- (Business Wire India) --
Half-year results:
- Confirmed recovery
- Increased net profit
- Strong growth in bookings
The Board of Directors of Cap Gemini S.A., chaired by Serge Kampf, convened in Paris on July 28, 2010 to examine and approve the accounts of the Capgemini group for the first half of 2010. The key figures are as follows:
Although the impact of the global economic crisis on demand for IT services has not been entirely erased, the stabilization of the main markets in which the Group operates is now established and is reflected by steadily improving activity levels. 2010 first-half revenues fell 3.8% compared to the first half of 2009 (and even 6.1% like-for-like, i.e. at constant Group structure and exchange rates) but increased 5.4% (1.8% like-for-like) on the previous half-year. In the 2nd quarter alone, revenues (?2,159 million) increased 5.2% (2.0% like-for-like) on the previous quarter.
Booking volumes also confirmed this positive trend, rising 14% like-for-like on the first half of 2009 (and even 32% in the 2nd quarter alone). Outsourcing Services recorded the greatest increase in bookings (+37%), thanks to the early renewal or extension of several major contracts. Bookings for the three other businesses (Consulting Services, Technology Services and Local Professional Services) increased 4% for the half-year, accelerating significantly in the 2nd quarter (+13%). The book-to-bill ratio for these three businesses was 1.17 for the half-year and 1.28 for the 2nd quarter alone.
Confirming their good match with its clients' requirements, the five new service offerings⁽³⁾ launched by the Group at the end of 2009 and the beginning of 2010, represented 36% of total bookings recorded in the first half of the year.
The operating margin (5.8%) is down on the first six months of 2009 (6.6%), but operating profit (?200 million) surged nearly 20% on the first half of 2009, which was affected by particularly high restructuring costs.
After deducting a net financial expense of ?38 million and an income tax expense of ?61 million, the Group profit for the period (?101 million) is up nearly 30% on the first-half of 2009.
Consolidated net cash and cash equivalents total ?809 million at June 30, 2010, down some ?460 million on December 31, 2009: this difference is mainly due to increased working capital requirements - usual at this time of year - the payment of the dividend (?0.80 per share, or ?122 million in total) and the financing of several small acquisitions for a total net amount of ?90 million (mainly IBX in Sweden and Strategic Systems Solutions, a company dedicated to the financial services sector and in which the Group has held a minority interest since the acquisition of Kanbay).
Outlook:
After a particularly tough 2009, the Group prepared itself to face an environment which remained difficult at the beginning of the year, but which it expected to improve steadily. First-half results, both in terms of growth and profitability, confirmed the appropriateness of decisions taken, while the dynamism of bookings validated the assumption that this improvement will continue in the second-half, despite ongoing macro-economic concerns and significant stock market volatility. In this context, Capgemini Group forecasts revenue growth in the second-half of 2010 of 3 to 5%, like-for-like, on the second-half of 2009. For the year as a whole, the operating margin rate should exceed 6.5%.
Paul Hermelin, CEO of the Capgemini group, confirms that "Strengthened by this above-expectations performance and the marked increase in bookings, the Group will enjoy a return to growth in the second half of the year. We have now relaunched a dynamic recruitment policy and will focus particularly on our five global service lines, in order to satisfy the new expectations of our clients."
Salil Parekh, Executive Chairman, Capgemini India said: "The first half of 2010 was a good period for Capgemini India both for our domestic market operations and our global delivery work. The recovery which started in latter part of 2009 is now visible strongly in H1. We added more than 40 clients in India over the last 18 months and are seeing significant momentum across industry verticals and the public sector. From a global delivery standpoint the leverage of India within the Group has seen significant growth. India is now evolving into an innovation hub. We have set up Global Centres of Excellence across our offices in Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Kolkata and Pune catering to global as well as domestic clients. Today, India is central to Capgemini's Rightshore® delivery model, with 26000 people and 27 percent of global employee headcount. We will recruit 17000 people in India in 2010 and will announce expansions of our facilities to accommodate this growth."
Operations by major region:
- France - which remains the Group's leading "main region" - reported revenues down 2.7% on the first half of 2009, but up 4.4% on the previous half-year (second half of 2009), with the operating margin rate almost unchanged at 5.1%.
- Revenues in the United Kingdom/Ireland region dropped by 5.0%, essentially due to the renegotiation of the terms of a major contract entered into several years previously. The operating margin rate (7.3%), remains, however, one of the best in the Group.
- In North America, revenues for the first six months recorded - due to the termination (scheduled and announced) of a large outsourcing services contract - a drop of 3.9%. Sogeti (Local Professional Services), enjoyed a marked improvement, while Technology Services in the financial services sector experienced a veritable bounce (+30%). The operating margin rate decreased 1 point to 4.3%.
- Benelux, where the crisis was the most acute, recorded a slump in revenues of 12.2% compared to the first half of 2009 but only 2.7% compared to the second half of 2009, thanks to the stabilisation of operations and signs of recovery for Technology Services. The restructuring carried out in 2009 enabled an increase in the operating margin rate of 1.5 points to 9.1%, while operating profit nearly tripled on the first-half of 2009, increasing from ?18 to ?51 million.
- The other regions reported revenue growth of 4.0%, with an operating margin rate of 7.7%.
Operations by business:
- Technology Services recorded a drop in revenues (like-for-like) in line with that reported by the Group. This was principally due to the pressure on prices which heavily marked the second half of 2009 and has since decreased. Nevertheless, activity levels increased by 2.9% between the 1st and 2nd quarters of the year, announcing a significant improvement for the fiscal year. The operating margin rate (5.5%) is comparable to that of the Group.
- The drop in Outsourcing Services revenues (-6.3%) can be fully explained by the reduction in the volume of business under the two contracts referred to above, while the remaining operations (which were particularly dynamic in North America) recorded growth of 4.0%. Further, revenues also increased by 2.9% between the 1st and 2nd quarters of 2010. Thanks to the increasing use of offshore resources and strict control of costs, these operations maintained their operating margin rate (6.7%) at first-half 2009 levels.
- Local Professional Services (Sogeti) achieved the Group's best performance with a return in the 2nd quarter 2010 to 2nd quarter 2009 activity levels and reported a drop in revenues finally limited to 4.1% in the half-year and an operating margin rate down more than 2 points on the first half of 2009.
- As expected, Consulting Services is the business which recorded the greatest contraction in operations (-9.3%), however, extremely rigorous cost management enabled it to see an improvement in its margin rate to 11.1%.
Headcount:
On June 30, 2010 the Group's total headcount was 95,586, an increase of 6% compared to December 31, 2009, thanks to an extremely dynamic recruitment policy which brought over 13,000 employees into the Group in the half-year (5,000 employees in the 1st quarter and 8,000 in the 2nd quarter). With 62,717 employees, the Group's headcount in its traditional countries increased slightly on December 31, 2009. The strongest growth concerned offshore employees: principally located in India (26,000 employees at June 30), but also in other Asian countries, Eastern Europe, Latin America and North Africa, offshore staff comprises 32,869 employees and represents 34.4% of the Group's total headcount.
⁽³⁾Capgemini created five global service lines focusing particularly on the most promising market segments: data management (Business Information Management) and applications development and maintenance (Application Lifecycle Services) - two offerings launched at the end of last year -; applications testing (Testing Services), smart meters and networks (Smart Energy Services), virtualization and cloud computing (Infostructure Transformation Services) launched in the 1st quarter of 2010.
To view the press release with the tables, please click on the link given below:
Press Release
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Press_Release.docx
Press_Release.docx
CONTACT DETAILS
Merrin Netto John, Capgemini India, +91 (22) 67557000, merrin.netto-john@capgemini.com
KEYWORDS
CONSUMER, ECONOMY, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, Financial Analyst, IT, STOCK EXCHANGES, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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Source: Capgemini India Private Limited
Friday, July 30, 2010 06:37 PM IST (01:07 PM GMT)
Editors: General: Consumer interest, Economy; Business: Accounting & management consultancy services, Banking & financial services, Business services, Financial Analyst, Information technology, Stock exchanges; Technology
--------------------------------------------------
Capgemini Announces Half Year Results
Paris, France, Friday, July 30, 2010 -- (Business Wire India) --
Half-year results:
- Confirmed recovery
- Increased net profit
- Strong growth in bookings
The Board of Directors of Cap Gemini S.A., chaired by Serge Kampf, convened in Paris on July 28, 2010 to examine and approve the accounts of the Capgemini group for the first half of 2010. The key figures are as follows:
Although the impact of the global economic crisis on demand for IT services has not been entirely erased, the stabilization of the main markets in which the Group operates is now established and is reflected by steadily improving activity levels. 2010 first-half revenues fell 3.8% compared to the first half of 2009 (and even 6.1% like-for-like, i.e. at constant Group structure and exchange rates) but increased 5.4% (1.8% like-for-like) on the previous half-year. In the 2nd quarter alone, revenues (?2,159 million) increased 5.2% (2.0% like-for-like) on the previous quarter.
Booking volumes also confirmed this positive trend, rising 14% like-for-like on the first half of 2009 (and even 32% in the 2nd quarter alone). Outsourcing Services recorded the greatest increase in bookings (+37%), thanks to the early renewal or extension of several major contracts. Bookings for the three other businesses (Consulting Services, Technology Services and Local Professional Services) increased 4% for the half-year, accelerating significantly in the 2nd quarter (+13%). The book-to-bill ratio for these three businesses was 1.17 for the half-year and 1.28 for the 2nd quarter alone.
Confirming their good match with its clients' requirements, the five new service offerings⁽³⁾ launched by the Group at the end of 2009 and the beginning of 2010, represented 36% of total bookings recorded in the first half of the year.
The operating margin (5.8%) is down on the first six months of 2009 (6.6%), but operating profit (?200 million) surged nearly 20% on the first half of 2009, which was affected by particularly high restructuring costs.
After deducting a net financial expense of ?38 million and an income tax expense of ?61 million, the Group profit for the period (?101 million) is up nearly 30% on the first-half of 2009.
Consolidated net cash and cash equivalents total ?809 million at June 30, 2010, down some ?460 million on December 31, 2009: this difference is mainly due to increased working capital requirements - usual at this time of year - the payment of the dividend (?0.80 per share, or ?122 million in total) and the financing of several small acquisitions for a total net amount of ?90 million (mainly IBX in Sweden and Strategic Systems Solutions, a company dedicated to the financial services sector and in which the Group has held a minority interest since the acquisition of Kanbay).
Outlook:
After a particularly tough 2009, the Group prepared itself to face an environment which remained difficult at the beginning of the year, but which it expected to improve steadily. First-half results, both in terms of growth and profitability, confirmed the appropriateness of decisions taken, while the dynamism of bookings validated the assumption that this improvement will continue in the second-half, despite ongoing macro-economic concerns and significant stock market volatility. In this context, Capgemini Group forecasts revenue growth in the second-half of 2010 of 3 to 5%, like-for-like, on the second-half of 2009. For the year as a whole, the operating margin rate should exceed 6.5%.
Paul Hermelin, CEO of the Capgemini group, confirms that "Strengthened by this above-expectations performance and the marked increase in bookings, the Group will enjoy a return to growth in the second half of the year. We have now relaunched a dynamic recruitment policy and will focus particularly on our five global service lines, in order to satisfy the new expectations of our clients."
Salil Parekh, Executive Chairman, Capgemini India said: "The first half of 2010 was a good period for Capgemini India both for our domestic market operations and our global delivery work. The recovery which started in latter part of 2009 is now visible strongly in H1. We added more than 40 clients in India over the last 18 months and are seeing significant momentum across industry verticals and the public sector. From a global delivery standpoint the leverage of India within the Group has seen significant growth. India is now evolving into an innovation hub. We have set up Global Centres of Excellence across our offices in Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Kolkata and Pune catering to global as well as domestic clients. Today, India is central to Capgemini's Rightshore® delivery model, with 26000 people and 27 percent of global employee headcount. We will recruit 17000 people in India in 2010 and will announce expansions of our facilities to accommodate this growth."
Operations by major region:
- France - which remains the Group's leading "main region" - reported revenues down 2.7% on the first half of 2009, but up 4.4% on the previous half-year (second half of 2009), with the operating margin rate almost unchanged at 5.1%.
- Revenues in the United Kingdom/Ireland region dropped by 5.0%, essentially due to the renegotiation of the terms of a major contract entered into several years previously. The operating margin rate (7.3%), remains, however, one of the best in the Group.
- In North America, revenues for the first six months recorded - due to the termination (scheduled and announced) of a large outsourcing services contract - a drop of 3.9%. Sogeti (Local Professional Services), enjoyed a marked improvement, while Technology Services in the financial services sector experienced a veritable bounce (+30%). The operating margin rate decreased 1 point to 4.3%.
- Benelux, where the crisis was the most acute, recorded a slump in revenues of 12.2% compared to the first half of 2009 but only 2.7% compared to the second half of 2009, thanks to the stabilisation of operations and signs of recovery for Technology Services. The restructuring carried out in 2009 enabled an increase in the operating margin rate of 1.5 points to 9.1%, while operating profit nearly tripled on the first-half of 2009, increasing from ?18 to ?51 million.
- The other regions reported revenue growth of 4.0%, with an operating margin rate of 7.7%.
Operations by business:
- Technology Services recorded a drop in revenues (like-for-like) in line with that reported by the Group. This was principally due to the pressure on prices which heavily marked the second half of 2009 and has since decreased. Nevertheless, activity levels increased by 2.9% between the 1st and 2nd quarters of the year, announcing a significant improvement for the fiscal year. The operating margin rate (5.5%) is comparable to that of the Group.
- The drop in Outsourcing Services revenues (-6.3%) can be fully explained by the reduction in the volume of business under the two contracts referred to above, while the remaining operations (which were particularly dynamic in North America) recorded growth of 4.0%. Further, revenues also increased by 2.9% between the 1st and 2nd quarters of 2010. Thanks to the increasing use of offshore resources and strict control of costs, these operations maintained their operating margin rate (6.7%) at first-half 2009 levels.
- Local Professional Services (Sogeti) achieved the Group's best performance with a return in the 2nd quarter 2010 to 2nd quarter 2009 activity levels and reported a drop in revenues finally limited to 4.1% in the half-year and an operating margin rate down more than 2 points on the first half of 2009.
- As expected, Consulting Services is the business which recorded the greatest contraction in operations (-9.3%), however, extremely rigorous cost management enabled it to see an improvement in its margin rate to 11.1%.
Headcount:
On June 30, 2010 the Group's total headcount was 95,586, an increase of 6% compared to December 31, 2009, thanks to an extremely dynamic recruitment policy which brought over 13,000 employees into the Group in the half-year (5,000 employees in the 1st quarter and 8,000 in the 2nd quarter). With 62,717 employees, the Group's headcount in its traditional countries increased slightly on December 31, 2009. The strongest growth concerned offshore employees: principally located in India (26,000 employees at June 30), but also in other Asian countries, Eastern Europe, Latin America and North Africa, offshore staff comprises 32,869 employees and represents 34.4% of the Group's total headcount.
⁽³⁾Capgemini created five global service lines focusing particularly on the most promising market segments: data management (Business Information Management) and applications development and maintenance (Application Lifecycle Services) - two offerings launched at the end of last year -; applications testing (Testing Services), smart meters and networks (Smart Energy Services), virtualization and cloud computing (Infostructure Transformation Services) launched in the 1st quarter of 2010.
To view the press release with the tables, please click on the link given below:
Press Release
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CONTACT DETAILS
Merrin Netto John, Capgemini India, +91 (22) 67557000, merrin.netto-john@capgemini.com
KEYWORDS
CONSUMER, ECONOMY, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, Financial Analyst, IT, STOCK EXCHANGES, TECHNOLOGY
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BWI: HCL Infosystems Deploys India’s Largest Airport Operation Control Centre for Delhi International Airport Limited (DIAL)
Press release from Business Wire India
Source: HCL Infosystems Ltd
Friday, July 30, 2010 05:53 PM IST (12:23 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Heavy industries, Information technology; Technology
--------------------------------------------------
HCL Infosystems Deploys India's Largest Airport Operation Control Centre for Delhi International Airport Limited (DIAL)
New Delhi, Delhi, India, Friday, July 30, 2010 -- (Business Wire India) -- . DIAL T3-AOCC one of the largest 'Airport Operation Control Center' in Asia
. Centrally oversees and monitors comprehensive Airport Operations through 3200 cameras across the terminal and monitor over 50000+ sensor points for real time inputs and collaborative viewing
. Ergonomically designed space management system along with solid state integrated system and infrastructure to function 24X7
. Control center for all air side, terminal, security & landside operations for Indira Gandhi International Airport
HCL Infosystems India's premier hardware, services and ICT systems integration and distribution company with the commencing of full-scale commercial operations for the New Terminal (T3) at Delhi International Airport, today announced the successful deployment of the largest Airport Operation Control Centre (AOCC) in India for the New Terminal (T3). The IT system architecture of the AOCC has been seamlessly integrated in order to facilitate highest level of Airside operations, Resources Planning & Allocation, Terminal operations & security, allowing various agencies/departments to collaborate real time. DIAL T3-AOCC deployment by HCL Infosystems, equipped with a solid state integrated system and infrastructure to function 24X7 will enable operation teams with increased efficacy, reliability, security, scalability, real-time intelligence and information security, providing comprehensive situation analysis and management capabilities. HCL Infosystems with the deployment of the DIAL T3-AOCC is the only company in India with expertise in implementing both Centralised and Decentralised AOCC solutions for Airports in the country as well as globally.
"Technology today touches lives at the most common places and it is commendable to see the steps been taken by authorities across the country to engage technology as an enabler and also a deterrent through state-of-the-art solutions for better efficiency and security for citizens. HCL Infosystems takes pride in partnering with DIAL to design this unique infrastructure solution AOCC which would not only increase efficiency manifolds but also equip the authorities to deal with any possible issues real-time. The solution deployed apart from meeting all quality standards at all levels, is truly a Green control center being highly energy efficient." said Mr. J.V. Ramamurthy, President and COO, HCL Infosystems Ltd
The DIAL T3-AOCC has been designed to cater various operational and service requirements for daily airport management system, integrating 19 IT systems to manage the terminal and also capable to view and monitor overall operations of Airport for real time inputs and collaborative operations. The framework integrates a full range of video surveillance backed by tamper proof video data analysis and active archiving capabilities linked to multiple alarm and access control systems. The deployment integrates best practices of AOCC deployed in some of the most modern and advanced Airports in the world such as Madrid & Barcelona Airport in Spain , Schipol Airport in Amsterdam, Kualalumpur International Airport in Malaysia, Changi Airport in Singapore.
This Airport Operation control centre has been designed to handle 34 million passengers annually. The massive Terminal 3 (T3) spreads over 30,000 square meters, making Delhi airport a part of the global league, with an improved architecture and better customer service. T3's mammoth infrastructure includes 168 check-in counters, 49 arrival immigration desks and 50 departure immigration desks, all housed in a stunning structure that blends tradition with modernity.
About HCL Infosystems:
HCL Infosystems Ltd, with revenue (LTM) of US $ 2.5 billion (Rs. 12,233 crores) is India's premier hardware, services and ICT systems integration company offering a wide spectrum of ICT products that includes Computing, Storage, Networking, Security, Telecom, Imaging and Retail. HCL is a one-stop-shop for all the ICT requirements of an organization. India's leading System Integration and Infrastructure Management Services Organization, HCL has specialized expertise across verticals including Telecom, BFSI, eGovernance & Power. HCL has India's largest distribution and retail network, taking to market a range of Digital Lifestyle products in partnership with leading global ICT brands, including Apple, Cisco, Ericsson, Kingston, Kodak, Konica Minolta, Microsoft, Nokia, and many more. HCL today has India's largest vertically integrated computer manufacturing facility with over three decades of electronic manufacturing experience & HCL desktops is the largest selling brand into the enterprise space. With India's largest ICT services network that reaches to every corner of India, HCL's award winning Support Services makes it the preferred choice of enterprise and consumers alike. HCL Infosystems has a 100% subsidiary that addresses the physical security technology system integration market. The subsidiary leverages technology to build a security framework called 'Safe State' that safe guard's life, infrastructure & society. For more information please visit us at www.hclinfosystems.in.
CONTACT DETAILS
Ashutosh Bhattacharya, Head - Corporate Communications, HCL Infosystems, +91 9811920415, ashutosh.bhattacharya@hcl.in
Shaila Srivastava, VaishnaviCorporate Communication, +91 9717293602, shaila.srivastava@vccpl.com
Manpreet Singh, VaishnaviCorporate Communication, +91 9810286337, Manpreet.singh@vccpl.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, HEAVY INDUSTRIES, IT, TECHNOLOGY, 500179.BO, HCL-INSYS.NS
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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Source: HCL Infosystems Ltd
Friday, July 30, 2010 05:53 PM IST (12:23 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Heavy industries, Information technology; Technology
--------------------------------------------------
HCL Infosystems Deploys India's Largest Airport Operation Control Centre for Delhi International Airport Limited (DIAL)
New Delhi, Delhi, India, Friday, July 30, 2010 -- (Business Wire India) -- . DIAL T3-AOCC one of the largest 'Airport Operation Control Center' in Asia
. Centrally oversees and monitors comprehensive Airport Operations through 3200 cameras across the terminal and monitor over 50000+ sensor points for real time inputs and collaborative viewing
. Ergonomically designed space management system along with solid state integrated system and infrastructure to function 24X7
. Control center for all air side, terminal, security & landside operations for Indira Gandhi International Airport
HCL Infosystems India's premier hardware, services and ICT systems integration and distribution company with the commencing of full-scale commercial operations for the New Terminal (T3) at Delhi International Airport, today announced the successful deployment of the largest Airport Operation Control Centre (AOCC) in India for the New Terminal (T3). The IT system architecture of the AOCC has been seamlessly integrated in order to facilitate highest level of Airside operations, Resources Planning & Allocation, Terminal operations & security, allowing various agencies/departments to collaborate real time. DIAL T3-AOCC deployment by HCL Infosystems, equipped with a solid state integrated system and infrastructure to function 24X7 will enable operation teams with increased efficacy, reliability, security, scalability, real-time intelligence and information security, providing comprehensive situation analysis and management capabilities. HCL Infosystems with the deployment of the DIAL T3-AOCC is the only company in India with expertise in implementing both Centralised and Decentralised AOCC solutions for Airports in the country as well as globally.
"Technology today touches lives at the most common places and it is commendable to see the steps been taken by authorities across the country to engage technology as an enabler and also a deterrent through state-of-the-art solutions for better efficiency and security for citizens. HCL Infosystems takes pride in partnering with DIAL to design this unique infrastructure solution AOCC which would not only increase efficiency manifolds but also equip the authorities to deal with any possible issues real-time. The solution deployed apart from meeting all quality standards at all levels, is truly a Green control center being highly energy efficient." said Mr. J.V. Ramamurthy, President and COO, HCL Infosystems Ltd
The DIAL T3-AOCC has been designed to cater various operational and service requirements for daily airport management system, integrating 19 IT systems to manage the terminal and also capable to view and monitor overall operations of Airport for real time inputs and collaborative operations. The framework integrates a full range of video surveillance backed by tamper proof video data analysis and active archiving capabilities linked to multiple alarm and access control systems. The deployment integrates best practices of AOCC deployed in some of the most modern and advanced Airports in the world such as Madrid & Barcelona Airport in Spain , Schipol Airport in Amsterdam, Kualalumpur International Airport in Malaysia, Changi Airport in Singapore.
This Airport Operation control centre has been designed to handle 34 million passengers annually. The massive Terminal 3 (T3) spreads over 30,000 square meters, making Delhi airport a part of the global league, with an improved architecture and better customer service. T3's mammoth infrastructure includes 168 check-in counters, 49 arrival immigration desks and 50 departure immigration desks, all housed in a stunning structure that blends tradition with modernity.
About HCL Infosystems:
HCL Infosystems Ltd, with revenue (LTM) of US $ 2.5 billion (Rs. 12,233 crores) is India's premier hardware, services and ICT systems integration company offering a wide spectrum of ICT products that includes Computing, Storage, Networking, Security, Telecom, Imaging and Retail. HCL is a one-stop-shop for all the ICT requirements of an organization. India's leading System Integration and Infrastructure Management Services Organization, HCL has specialized expertise across verticals including Telecom, BFSI, eGovernance & Power. HCL has India's largest distribution and retail network, taking to market a range of Digital Lifestyle products in partnership with leading global ICT brands, including Apple, Cisco, Ericsson, Kingston, Kodak, Konica Minolta, Microsoft, Nokia, and many more. HCL today has India's largest vertically integrated computer manufacturing facility with over three decades of electronic manufacturing experience & HCL desktops is the largest selling brand into the enterprise space. With India's largest ICT services network that reaches to every corner of India, HCL's award winning Support Services makes it the preferred choice of enterprise and consumers alike. HCL Infosystems has a 100% subsidiary that addresses the physical security technology system integration market. The subsidiary leverages technology to build a security framework called 'Safe State' that safe guard's life, infrastructure & society. For more information please visit us at www.hclinfosystems.in.
CONTACT DETAILS
Ashutosh Bhattacharya, Head - Corporate Communications, HCL Infosystems, +91 9811920415, ashutosh.bhattacharya@hcl.in
Shaila Srivastava, VaishnaviCorporate Communication, +91 9717293602, shaila.srivastava@vccpl.com
Manpreet Singh, VaishnaviCorporate Communication, +91 9810286337, Manpreet.singh@vccpl.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, HEAVY INDUSTRIES, IT, TECHNOLOGY, 500179.BO, HCL-INSYS.NS
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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BWI: IVRCL Announces the Completion of Sea Water Desalination Plant at Minjur
Press release from Business Wire India
Source: IVRCL Group
Friday, July 30, 2010 05:54 PM IST (12:24 PM GMT)
Editors: General: Consumer interest; Business: Banking & financial services, Business services, Heavy industries, Water
--------------------------------------------------
IVRCL Announces the Completion of Sea Water Desalination Plant at Minjur
Chief Minister of Tamil Nadu to Inaugurate the Facility on the 31st July 2010
Chennai, Tamil Nadu, India, Friday, July 30, 2010 -- (Business Wire India) -- IVRCL has today announced the completion of the sea water desalination plant at Minjur, near Chennai. This desalination plant located at a 60 acre plot at Kattupalli Village, Ponneri Taluk has been set up with the capacity to supply 100 million liters of potable water per day.
IVRCL Infrastructures & Project Ltd. had promoted & incorporated a Special Purpose Vehicle, Chennai Water Desalination Ltd. (CWDL) with a consortium partner Befesa Agua, Spain and had been awarded the project of detailed design, engineering, financing, procurement, construction, operation, maintenance and transfer of the seawater desalination plant on 25 years DBOOT basis by the client, Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB).
Set up with an investment of Rs. 600 crores, this initiative will enable supply of potable drinking water to the Chennai City at a capacity of 100 million liters a day. The Bulk water purchase agreement was signed between Chennai Water Desalination Limited and Chennai Metrowater and Sewerage Supply Board on the 13th September 2005. As part of this agreement the company will maintain and operate this plant for a period of 25years from the date of commercial operation.
Addressing a press conference Mr. S. Ramachandran, Managing Director- IVRCL Assets & Holdings Ltd & Director- CWDL said, "we are extremely happy to announce the completion of the sea water desalination plant at Minjur. We are happy to help bridge the gap between demand and supply of safe drinking water in the city through our project."
Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB), a body corporate looks after the supply of water in the Chennai City has been undertaking several projects of water supply augmentation. As part of bridging the water demand-supply gap, CMWSSB had proposed to augment its capacity through this 100 MLD desalination plant. This plant will be inaugurated by the Chief Minister of Tamilnadu on the 31st July 2010.
To view the photograph, please click on the link given below:
Mr. Rodolfo Gonzalez BAFESA, (India) Managing Director, Mr. S. Ramachandran, Managing Director- IVRCL Assets & Holdings Ltd & Director- CWDL and & Mr. N .Ganeshan Joint General Manager addressing the media at the Press Conference held at The Taj Coromandel today(30th July,2010) to announce the Inaugration of the Chennai Water Desalination Plant
CONTACT DETAILS
Santhosh Malliah, Sharp Consulting, +91 9841638757, smalliah@sharpconsulting.in
KEYWORDS
CONSUMER, BANKING, BUSINESS SERVICES, HEAVY INDUSTRIES, WATER
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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Source: IVRCL Group
Friday, July 30, 2010 05:54 PM IST (12:24 PM GMT)
Editors: General: Consumer interest; Business: Banking & financial services, Business services, Heavy industries, Water
--------------------------------------------------
IVRCL Announces the Completion of Sea Water Desalination Plant at Minjur
Chief Minister of Tamil Nadu to Inaugurate the Facility on the 31st July 2010
Chennai, Tamil Nadu, India, Friday, July 30, 2010 -- (Business Wire India) -- IVRCL has today announced the completion of the sea water desalination plant at Minjur, near Chennai. This desalination plant located at a 60 acre plot at Kattupalli Village, Ponneri Taluk has been set up with the capacity to supply 100 million liters of potable water per day.
IVRCL Infrastructures & Project Ltd. had promoted & incorporated a Special Purpose Vehicle, Chennai Water Desalination Ltd. (CWDL) with a consortium partner Befesa Agua, Spain and had been awarded the project of detailed design, engineering, financing, procurement, construction, operation, maintenance and transfer of the seawater desalination plant on 25 years DBOOT basis by the client, Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB).
Set up with an investment of Rs. 600 crores, this initiative will enable supply of potable drinking water to the Chennai City at a capacity of 100 million liters a day. The Bulk water purchase agreement was signed between Chennai Water Desalination Limited and Chennai Metrowater and Sewerage Supply Board on the 13th September 2005. As part of this agreement the company will maintain and operate this plant for a period of 25years from the date of commercial operation.
Addressing a press conference Mr. S. Ramachandran, Managing Director- IVRCL Assets & Holdings Ltd & Director- CWDL said, "we are extremely happy to announce the completion of the sea water desalination plant at Minjur. We are happy to help bridge the gap between demand and supply of safe drinking water in the city through our project."
Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB), a body corporate looks after the supply of water in the Chennai City has been undertaking several projects of water supply augmentation. As part of bridging the water demand-supply gap, CMWSSB had proposed to augment its capacity through this 100 MLD desalination plant. This plant will be inaugurated by the Chief Minister of Tamilnadu on the 31st July 2010.
To view the photograph, please click on the link given below:
Mr. Rodolfo Gonzalez BAFESA, (India) Managing Director, Mr. S. Ramachandran, Managing Director- IVRCL Assets & Holdings Ltd & Director- CWDL and & Mr. N .Ganeshan Joint General Manager addressing the media at the Press Conference held at The Taj Coromandel today(30th July,2010) to announce the Inaugration of the Chennai Water Desalination Plant
CONTACT DETAILS
Santhosh Malliah, Sharp Consulting, +91 9841638757, smalliah@sharpconsulting.in
KEYWORDS
CONSUMER, BANKING, BUSINESS SERVICES, HEAVY INDUSTRIES, WATER
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Annik Technology Services Outlines its Global Expansion Plans
Press release from Business Wire India
Source: Annik Technology Services Pvt. Ltd.
Friday, July 30, 2010 05:40 PM IST (12:10 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology; Technology
--------------------------------------------------
Annik Technology Services Outlines its Global Expansion Plans
Gurgaon, Haryana, India, Friday, July 30, 2010 -- (Business Wire India) -- Annik Technology Services, a leading Knowledge Process Outsourcing (KPO) group with 10 years of Excellence, outlines its global expansion plans. The group is headquartered in Gurgaon, India and provides value added services in the Market Research and Data Management spaces.
The group announced today the opening of its Middle East office located at Abu Dhabi, UAE. This marks the culmination of a global expansion strategy started and accelerated through the downturn of 2008-2009. Annik had already had sales presence in the US and Europe, which are its two main markets, since 2008.
The expansion started about 18 months ago, with the launch of a delivery center in Shanghai, servicing the China, Japan and South Korea markets followed with a delivery center in Poland in February 2010 to service Western and Eastern Europe. With the launch of the Abu Dhabi office the group now has wide servicing capability across geographies in almost all key global languages and regions.
More importantly, key new hires and partnerships have allowed Annik to significantly enhance its domain expertise and consulting capacity.
In the UAE, Annik has partnered with Yousif AlSuwaidi, an emerging leader in the financial space. Rahul Sahgal, CEO & President commented on the partnership-"Data Quality and Management services will find a growing demand in the Middle East markets across the financial, airlines and government sectors as more data-driven efficiencies are built into these businesses. Annik is poised to take advantage of this development by providing high-value services that can make a meaningful difference to these institutions."
Annik also strengthened its sales presence with the recent opening of an office in Tokyo, Japan. Justin Tomboulian has joined the team as Senior Vice President, North and East Asia and Global Alliance Manager for the Microsoft account. Justin had been with Microsoft for 14 years, prior to joining Annik, having worked across many geographies in the Marketing, Data Management, and IT Solution Delivery areas. Justin has spent more than 12 years in Asia, mostly in Japan and speaks Japanese.
In the United States, Rudy Nadilo has joined Annik as Senior Vice President, North America. Rudy has 30 years experience in the Market Research and related industries. Having worked with MRCA, IRI and as the founding CEO of Greenfield Online, he brings a great deal of expertise and knowledge to the company. Based in the Boston area, Rudy has already started taking an active role in Annik's North American business. Gary Stocks continues to look after Annik market research activities in Europe.
Having weathered the downturn and emerged in a strong position with a strong balance sheet, Annik is now strengthening its position as a global leader in providing services in the Market Research and Data management areas.
For more information, please visit the website at www.anniksystems.com
To view the photographs, please click on the links given below:
Yousif-Al-Suwaidi
JustinTomboulian
Rudy-Nadilo
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Pic_1(323).jpg
Pic_1(323).jpg
http://www.BusinessWireIndia.com/attachments/Pic_2(147).jpg
Pic_2(147).jpg
http://www.BusinessWireIndia.com/attachments/Pic_3(57).jpg
Pic_3(57).jpg
CONTACT DETAILS
Rahul Sahgal, Annik Technology Services Pvt. Ltd., +91 124 4003282, info@anniksystems.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, TECHNOLOGY
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Source: Annik Technology Services Pvt. Ltd.
Friday, July 30, 2010 05:40 PM IST (12:10 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology; Technology
--------------------------------------------------
Annik Technology Services Outlines its Global Expansion Plans
Gurgaon, Haryana, India, Friday, July 30, 2010 -- (Business Wire India) -- Annik Technology Services, a leading Knowledge Process Outsourcing (KPO) group with 10 years of Excellence, outlines its global expansion plans. The group is headquartered in Gurgaon, India and provides value added services in the Market Research and Data Management spaces.
The group announced today the opening of its Middle East office located at Abu Dhabi, UAE. This marks the culmination of a global expansion strategy started and accelerated through the downturn of 2008-2009. Annik had already had sales presence in the US and Europe, which are its two main markets, since 2008.
The expansion started about 18 months ago, with the launch of a delivery center in Shanghai, servicing the China, Japan and South Korea markets followed with a delivery center in Poland in February 2010 to service Western and Eastern Europe. With the launch of the Abu Dhabi office the group now has wide servicing capability across geographies in almost all key global languages and regions.
More importantly, key new hires and partnerships have allowed Annik to significantly enhance its domain expertise and consulting capacity.
In the UAE, Annik has partnered with Yousif AlSuwaidi, an emerging leader in the financial space. Rahul Sahgal, CEO & President commented on the partnership-"Data Quality and Management services will find a growing demand in the Middle East markets across the financial, airlines and government sectors as more data-driven efficiencies are built into these businesses. Annik is poised to take advantage of this development by providing high-value services that can make a meaningful difference to these institutions."
Annik also strengthened its sales presence with the recent opening of an office in Tokyo, Japan. Justin Tomboulian has joined the team as Senior Vice President, North and East Asia and Global Alliance Manager for the Microsoft account. Justin had been with Microsoft for 14 years, prior to joining Annik, having worked across many geographies in the Marketing, Data Management, and IT Solution Delivery areas. Justin has spent more than 12 years in Asia, mostly in Japan and speaks Japanese.
In the United States, Rudy Nadilo has joined Annik as Senior Vice President, North America. Rudy has 30 years experience in the Market Research and related industries. Having worked with MRCA, IRI and as the founding CEO of Greenfield Online, he brings a great deal of expertise and knowledge to the company. Based in the Boston area, Rudy has already started taking an active role in Annik's North American business. Gary Stocks continues to look after Annik market research activities in Europe.
Having weathered the downturn and emerged in a strong position with a strong balance sheet, Annik is now strengthening its position as a global leader in providing services in the Market Research and Data management areas.
For more information, please visit the website at www.anniksystems.com
To view the photographs, please click on the links given below:
Yousif-Al-Suwaidi
JustinTomboulian
Rudy-Nadilo
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Pic_1(323).jpg
Pic_1(323).jpg
http://www.BusinessWireIndia.com/attachments/Pic_2(147).jpg
Pic_2(147).jpg
http://www.BusinessWireIndia.com/attachments/Pic_3(57).jpg
Pic_3(57).jpg
CONTACT DETAILS
Rahul Sahgal, Annik Technology Services Pvt. Ltd., +91 124 4003282, info@anniksystems.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, TECHNOLOGY
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BWI: 'Paras Seasons' Feel the Nature all the Season
Press release from Business Wire India
Source: Paras Buildtech
Friday, July 30, 2010 02:45 PM IST (09:15 AM GMT)
Editors: General: Consumer interest, Lifestyle; Business: Advertising, PR & marketing, Business services, Construction, Real estate
--------------------------------------------------
'Paras Seasons' Feel the Nature all the Season
New Delhi, Delhi, India, Friday, July 30, 2010 -- (Business Wire India) -- . Paras Seasons is the first concept based project of Noida that offers NCR's first 1 BHK fully furnished duplex apartment called "LOFT".
. Located in sector 168, it is spread over an area of 7.5 acre and offers 900 residential units. It will be one of the most privileged addresses for people who have their business, professional and social interests in Noida and adjoining areas.
. The project is scheduled to be completed within a period of 24 months from the date of commencement of construction work.
After successfully launching the most acclaimed residential project 'Paras Tierea' in Noida sector 137, Paras Buildtech India Pvt. Ltd. today announced Paras Seasons. It is an affordable premium housing project in sector 168, Noida. Based on country's four seasons, the project would have four key towers named Autumn Court (G+14), Winter Court (G+16), Summer Court (G+14) and Spring Court (G+16). The USP of these courts are that the surrounding landscaping would be based upon the season names given to each towers.
One of the major attractions of Paras Seasons is fully furnished 1 BHK 'loft duplex units', which will have an area of 650 sq. ft. There will be 900 residential units including 1 (duplex) 2, 3 and 4 BHK option variants in sizes ranging from 650 sq. ft. to 2100 sq. ft. price range starts from 16 lacs onwards which suit every budget. As Paras Tierea has a beautiful concept of 'sky garden', Paras Seasons would also set new standards with 'Sky Bridge' in luxury and style; it would give buyers an opportunity to experience the world-class living and the best amenities that it offers.
The project is being created in a green landscape amidst natural, undulating terrain and water bodies.
Speaking on this occasion, Mr. Harmit Chawla, VP - Sales & Marketing, Paras Buildtech India Pvt. Ltd. said: "As a part of our continuing efforts in creating value for customers in today's challenging environment, we have kept in mind the feedback from our old and prospective customers to make this new venture unique in many respects. The meticulous designing and unmatchable features keeps Paras Seasons a step towards realizing a vision of achieving a leadership position through excellence in design, quality and service. The project is destined to change the way of life in Noida and create benchmarks in National Capital Region."
Paras Seasons comes in an affordable price range and it will have several features adding convenience to living by having 70% open spaces and creating a new lifestyle that customers desire for. All lifestyle amenities like club house that includes jogging track, amphitheatre, yoga pavilion, children play area, swimming pool, squash courts, shuttle courts, billiards, restaurant, beauty salon, commercial centre and lots more will be spread across the project giving a new meaning to life, which will make the project an integrated self contained development.
About Paras Buildtech:-
Paras Buildtech India Pvt. Ltd. is a progressive, future-focused, Indian real estate company that is at the cutting edge of its industry. It is a pioneer in conceiving and executing large sophisticated real estate projects in both commercial and corporate segments. From concept to completion, Paras Buildtech India Pvt. Ltd. is into prime real estate development and property management, coordinating a full spectrum of services including site acquisition, design and development, construction, marketing and sales.
To view the photograph, please click on the link given below:
Loft Elevation
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Pic(86).JPG
Pic(86).JPG
CONTACT DETAILS
Mr. Puneet Dutt, GM- Sales & Mktg., Paras Buildtech India Pvt. Ltd., +91 9560498535, puneet.dutta@parasbuildtech.com
KEYWORDS
CONSUMER, LIFESTYLE, MARKETING, BUSINESS SERVICES, CONSTRUCTION, REAL ESTATE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Paras Buildtech
Friday, July 30, 2010 02:45 PM IST (09:15 AM GMT)
Editors: General: Consumer interest, Lifestyle; Business: Advertising, PR & marketing, Business services, Construction, Real estate
--------------------------------------------------
'Paras Seasons' Feel the Nature all the Season
New Delhi, Delhi, India, Friday, July 30, 2010 -- (Business Wire India) -- . Paras Seasons is the first concept based project of Noida that offers NCR's first 1 BHK fully furnished duplex apartment called "LOFT".
. Located in sector 168, it is spread over an area of 7.5 acre and offers 900 residential units. It will be one of the most privileged addresses for people who have their business, professional and social interests in Noida and adjoining areas.
. The project is scheduled to be completed within a period of 24 months from the date of commencement of construction work.
After successfully launching the most acclaimed residential project 'Paras Tierea' in Noida sector 137, Paras Buildtech India Pvt. Ltd. today announced Paras Seasons. It is an affordable premium housing project in sector 168, Noida. Based on country's four seasons, the project would have four key towers named Autumn Court (G+14), Winter Court (G+16), Summer Court (G+14) and Spring Court (G+16). The USP of these courts are that the surrounding landscaping would be based upon the season names given to each towers.
One of the major attractions of Paras Seasons is fully furnished 1 BHK 'loft duplex units', which will have an area of 650 sq. ft. There will be 900 residential units including 1 (duplex) 2, 3 and 4 BHK option variants in sizes ranging from 650 sq. ft. to 2100 sq. ft. price range starts from 16 lacs onwards which suit every budget. As Paras Tierea has a beautiful concept of 'sky garden', Paras Seasons would also set new standards with 'Sky Bridge' in luxury and style; it would give buyers an opportunity to experience the world-class living and the best amenities that it offers.
The project is being created in a green landscape amidst natural, undulating terrain and water bodies.
Speaking on this occasion, Mr. Harmit Chawla, VP - Sales & Marketing, Paras Buildtech India Pvt. Ltd. said: "As a part of our continuing efforts in creating value for customers in today's challenging environment, we have kept in mind the feedback from our old and prospective customers to make this new venture unique in many respects. The meticulous designing and unmatchable features keeps Paras Seasons a step towards realizing a vision of achieving a leadership position through excellence in design, quality and service. The project is destined to change the way of life in Noida and create benchmarks in National Capital Region."
Paras Seasons comes in an affordable price range and it will have several features adding convenience to living by having 70% open spaces and creating a new lifestyle that customers desire for. All lifestyle amenities like club house that includes jogging track, amphitheatre, yoga pavilion, children play area, swimming pool, squash courts, shuttle courts, billiards, restaurant, beauty salon, commercial centre and lots more will be spread across the project giving a new meaning to life, which will make the project an integrated self contained development.
About Paras Buildtech:-
Paras Buildtech India Pvt. Ltd. is a progressive, future-focused, Indian real estate company that is at the cutting edge of its industry. It is a pioneer in conceiving and executing large sophisticated real estate projects in both commercial and corporate segments. From concept to completion, Paras Buildtech India Pvt. Ltd. is into prime real estate development and property management, coordinating a full spectrum of services including site acquisition, design and development, construction, marketing and sales.
To view the photograph, please click on the link given below:
Loft Elevation
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Pic(86).JPG
Pic(86).JPG
CONTACT DETAILS
Mr. Puneet Dutt, GM- Sales & Mktg., Paras Buildtech India Pvt. Ltd., +91 9560498535, puneet.dutta@parasbuildtech.com
KEYWORDS
CONSUMER, LIFESTYLE, MARKETING, BUSINESS SERVICES, CONSTRUCTION, REAL ESTATE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: CarDekho.com Ranked No.1 Auto Portal in India
Press release from Business Wire India
Source: CarDekho.com
Friday, July 30, 2010 03:17 PM IST (09:47 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Automotives, Business services, Information technology, Media & entertainment; Technology
--------------------------------------------------
CarDekho.com Ranked No.1 Auto Portal in India
Jaipur, Rajasthan, India, Friday, July 30, 2010 -- (Business Wire India) -- Automotive portal CarDekho.com is in the fast lane and in top gear as it has reached the top spot by becoming India's number one Auto portal. Comscore, world leader in online audience measurement, has ranked the CarDekho as No.1 Auto portal with 745,000 unique visitors for the month of June.
This young and refreshing car portal started its operations in March 2008 and in a short span of two years has reached the zenith owing to its quality of content. Founders Amit and Anurag fondly remember how all the car domain names were already taken and the product manager Ajay came up with the name CarDekho and it immediately clicked with the team. Now CarDekho is a household brand with millions of visitors checking it out every month. CarDekho.com has several feathers in its cap such as the Website of the Year award in 2009 by MetrixLab, top ranking by Comscore and Vizisense. CarDekho also tops the charts in month of June in Vizisense rankings as well.
CarDekho outperformed other auto portals like Carwale, Gaadi and Team-BHP in the race to the number one slot. While Carwale stands at number two with 650,000 unique visitors, Team-BHP(593,000) and Gaadi(582,000) are at number three and four respectively. This is a great achievement for CarDekho, which was number two as per previous month rankings.
CarDekho.com assists new cars and used cars buyers to make informed buying decisions. CarDekho offers its users a variety of research tools, expert reviews, user reviews, on road prices in all cities, pictures, dealers etc making it a complete buying experience. It also offers individuals to sell cars without any listing fee unlike other popular portals. "CarDekho.com aims at delivering car research related solutions in the most convenient fashion possible. It is the site's user friendliness and content quality that is responsible for its popularity. On behalf of CarDekho team I would like to thanks all our users who have made us reach this important milestone. Becoming the #1 portal is indeed a proud moment for us, but there is a long road ahead. CarDekho's future vision is to create a unique car buying experience. We aim to make car buying process a simple one where our customers can buy cars sitting at luxury of their homes, and with guarantee that they are getting the best deal." says Amit.
CarDekho.com has a huge fan base that follows it not only on the main website but even on websites like Facebook, Sify and Rediff.com. "Car launches, price announcements, scoops and other industry related news is gathered from very reliable sources and presented on the Sify Finance Auto and Rediff.com business pages as well. " says product head, Charu.
It needs to be mentioned that comScore provides syndicated and custom solutions in online audience measurement and is considered to be on of the best source for traffic measurement for online media planners.
Girnar Software Pvt Ltd (Parent company of CarDekho.com)
CONTACT DETAILS
Charu Kishnani, Product Head, CarDekho.com, +91 9829481371, business@girnarsoft.com
KEYWORDS
CONSUMER, MARKETING, AUTOMOTIVE, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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Source: CarDekho.com
Friday, July 30, 2010 03:17 PM IST (09:47 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Automotives, Business services, Information technology, Media & entertainment; Technology
--------------------------------------------------
CarDekho.com Ranked No.1 Auto Portal in India
Jaipur, Rajasthan, India, Friday, July 30, 2010 -- (Business Wire India) -- Automotive portal CarDekho.com is in the fast lane and in top gear as it has reached the top spot by becoming India's number one Auto portal. Comscore, world leader in online audience measurement, has ranked the CarDekho as No.1 Auto portal with 745,000 unique visitors for the month of June.
This young and refreshing car portal started its operations in March 2008 and in a short span of two years has reached the zenith owing to its quality of content. Founders Amit and Anurag fondly remember how all the car domain names were already taken and the product manager Ajay came up with the name CarDekho and it immediately clicked with the team. Now CarDekho is a household brand with millions of visitors checking it out every month. CarDekho.com has several feathers in its cap such as the Website of the Year award in 2009 by MetrixLab, top ranking by Comscore and Vizisense. CarDekho also tops the charts in month of June in Vizisense rankings as well.
CarDekho outperformed other auto portals like Carwale, Gaadi and Team-BHP in the race to the number one slot. While Carwale stands at number two with 650,000 unique visitors, Team-BHP(593,000) and Gaadi(582,000) are at number three and four respectively. This is a great achievement for CarDekho, which was number two as per previous month rankings.
CarDekho.com assists new cars and used cars buyers to make informed buying decisions. CarDekho offers its users a variety of research tools, expert reviews, user reviews, on road prices in all cities, pictures, dealers etc making it a complete buying experience. It also offers individuals to sell cars without any listing fee unlike other popular portals. "CarDekho.com aims at delivering car research related solutions in the most convenient fashion possible. It is the site's user friendliness and content quality that is responsible for its popularity. On behalf of CarDekho team I would like to thanks all our users who have made us reach this important milestone. Becoming the #1 portal is indeed a proud moment for us, but there is a long road ahead. CarDekho's future vision is to create a unique car buying experience. We aim to make car buying process a simple one where our customers can buy cars sitting at luxury of their homes, and with guarantee that they are getting the best deal." says Amit.
CarDekho.com has a huge fan base that follows it not only on the main website but even on websites like Facebook, Sify and Rediff.com. "Car launches, price announcements, scoops and other industry related news is gathered from very reliable sources and presented on the Sify Finance Auto and Rediff.com business pages as well. " says product head, Charu.
It needs to be mentioned that comScore provides syndicated and custom solutions in online audience measurement and is considered to be on of the best source for traffic measurement for online media planners.
Girnar Software Pvt Ltd (Parent company of CarDekho.com)
CONTACT DETAILS
Charu Kishnani, Product Head, CarDekho.com, +91 9829481371, business@girnarsoft.com
KEYWORDS
CONSUMER, MARKETING, AUTOMOTIVE, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: LeasePlan’s GreenPlan Programme to Harness a Greener Environment
Press release from Business Wire India
Source: LeasePlan India
Friday, July 30, 2010 02:25 PM IST (08:55 AM GMT)
Editors: General: Consumer interest, Environment; Business: Automotives, Business services, Media & entertainment
--------------------------------------------------
LeasePlan's GreenPlan Programme to Harness a Greener Environment
A Novel Initiative Aimed at Environmental Conservation
Mumbai, Maharashtra, India, Friday, July 30, 2010 -- (Business Wire India) -- . India's first operational car leasing company to take an initiative for environmental preservation
. Company plants 1000+ Trees in Mumbai region in association with Mokshda PEVSS
LeasePlan India, the country's largest operational leasing company, has launched GreenPlan, its CSR initiative in Mumbai. As part of the initiative, LeasePlan planted 1000 trees in Ghansoli Green Belt, Navi Mumbai. These trees will be nurtured and maintained by LeasePlan for the next 3 years till these reach full maturity.
This initiative was implemented in collaboration with Mokshda Paryavaran Evam Van Suraksha Samiti, a charitable non-profit organization actively engaged in activities related to environment protection and energy conservation.
Being the World leading Fleet and Vehicle Management Company, LeasePlan strives to discover and develop means and methods to offset vehicle emissions, develop better fleet management practices and proactively advise its customers to opt for fuel-efficient vehicles, amongst other initiatives. GreenPlan is LeasePlan's global initiative in this direction which is pursued in different forms by the company across all the 30 countries worldwide.
In India, LeasePlan launched its first GreenPlan initiative in Delhi NCR region in the year 2009 when it planted 1000 trees in Gurgaon, Haryana. The second tree plantation initiative have been launched in Mumbai where 1000 trees has been planted through the active participation of LeasePlan employees, Mokshda volunteers and several school children.
Speaking on the occasion, Mr. Sanjeev Prasad, Managing Director, LeasePlan India said, "LeasePlan is an environmentally conscious organisation that strives to create socially beneficial business practices. We are committed to building a cleaner and greener environment. Our GreenPlan initiative will spearhead the green consciousness in the fleet management industry and among our customers. We firmly believe that this initiative shall help us in lowering our carbon footprint".
LeasePlan also gives its customers an avenue to participate in its GreenPlan initiative. Customers can contribute a nominal amount through their monthly lease rentals which would be redirected towards planting and sustaining trees. The goal is to plant a tree for every car LeasePlan puts on the road thereby creating a unique model to offset its carbon foot print and build a greener future.
About LeasePlan India
LeasePlan India is a wholly owned subsidiary of LeasePlan Corporation NV, the world leading vehicle leasing and fleet management company. With offices in 30 countries and over 45 years of experience, LeasePlan manages a fleet of over 1.4 million cars around the globe. As India's #1 operational car leasing company, LeasePlan India delivers a comprehensive range of corporate car mobility solutions.
CONTACT DETAILS
Ashima Jain, Mutual PR, +91 9312879111, ashima@mutualpr.com
KEYWORDS
CONSUMER, ENVIRONMENT, AUTOMOTIVE, BUSINESS SERVICES, MEDIA
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: LeasePlan India
Friday, July 30, 2010 02:25 PM IST (08:55 AM GMT)
Editors: General: Consumer interest, Environment; Business: Automotives, Business services, Media & entertainment
--------------------------------------------------
LeasePlan's GreenPlan Programme to Harness a Greener Environment
A Novel Initiative Aimed at Environmental Conservation
Mumbai, Maharashtra, India, Friday, July 30, 2010 -- (Business Wire India) -- . India's first operational car leasing company to take an initiative for environmental preservation
. Company plants 1000+ Trees in Mumbai region in association with Mokshda PEVSS
LeasePlan India, the country's largest operational leasing company, has launched GreenPlan, its CSR initiative in Mumbai. As part of the initiative, LeasePlan planted 1000 trees in Ghansoli Green Belt, Navi Mumbai. These trees will be nurtured and maintained by LeasePlan for the next 3 years till these reach full maturity.
This initiative was implemented in collaboration with Mokshda Paryavaran Evam Van Suraksha Samiti, a charitable non-profit organization actively engaged in activities related to environment protection and energy conservation.
Being the World leading Fleet and Vehicle Management Company, LeasePlan strives to discover and develop means and methods to offset vehicle emissions, develop better fleet management practices and proactively advise its customers to opt for fuel-efficient vehicles, amongst other initiatives. GreenPlan is LeasePlan's global initiative in this direction which is pursued in different forms by the company across all the 30 countries worldwide.
In India, LeasePlan launched its first GreenPlan initiative in Delhi NCR region in the year 2009 when it planted 1000 trees in Gurgaon, Haryana. The second tree plantation initiative have been launched in Mumbai where 1000 trees has been planted through the active participation of LeasePlan employees, Mokshda volunteers and several school children.
Speaking on the occasion, Mr. Sanjeev Prasad, Managing Director, LeasePlan India said, "LeasePlan is an environmentally conscious organisation that strives to create socially beneficial business practices. We are committed to building a cleaner and greener environment. Our GreenPlan initiative will spearhead the green consciousness in the fleet management industry and among our customers. We firmly believe that this initiative shall help us in lowering our carbon footprint".
LeasePlan also gives its customers an avenue to participate in its GreenPlan initiative. Customers can contribute a nominal amount through their monthly lease rentals which would be redirected towards planting and sustaining trees. The goal is to plant a tree for every car LeasePlan puts on the road thereby creating a unique model to offset its carbon foot print and build a greener future.
About LeasePlan India
LeasePlan India is a wholly owned subsidiary of LeasePlan Corporation NV, the world leading vehicle leasing and fleet management company. With offices in 30 countries and over 45 years of experience, LeasePlan manages a fleet of over 1.4 million cars around the globe. As India's #1 operational car leasing company, LeasePlan India delivers a comprehensive range of corporate car mobility solutions.
CONTACT DETAILS
Ashima Jain, Mutual PR, +91 9312879111, ashima@mutualpr.com
KEYWORDS
CONSUMER, ENVIRONMENT, AUTOMOTIVE, BUSINESS SERVICES, MEDIA
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Thursday, July 29, 2010
BWI: GuideMeSingapore.com: Simplified Financial Reporting Standards to benefit Singapore SMEs
Press release from Business Wire India
Source: GuideMeSingapore.com
Friday, July 30, 2010 11:30 AM IST (06:00 AM GMT)
Editors: General: Consumer interest, Economy; Business: Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst, Information technology; Technology
--------------------------------------------------
GuideMeSingapore.com: Simplified Financial Reporting Standards to benefit Singapore SMEs
The Singapore Accounting Standards Council's proposal to introduce a simplified version of accounting standards for SMEs in Singapore will result in economic benefits to Singapore's SME sector, reports GuideMeSingapore.com
Singapore, Friday, July 30, 2010 -- (Business Wire India) -- The Singapore Accounting Standards Council (ASC) has issued a statement of intent on the likely adoption of a simplified financial reporting standard for small entities (SFRS for Small Entities) in Singapore. Analysis by GuideMeSingapore.com indicates that the differential standard will result in significant cost and resource savings for Singapore incorporated companies.
Under the current norm, all Singapore incorporated companies are required to prepare their financial statements in accordance with the Financial Reporting Standards (FRS) framework that is in line with standards issued by International Accounting Standards Board (IASB). However, the Singapore ASC has proposed a distinct framework based on the International Financial Reporting Standard for Small and Medium-sized Entities for qualifying Singapore SMEs. The Council is currently seeking feedback from stakeholders and the public on the proposed differential standard.
GuideMeSingapore.com opines that if adopted, the new standards will reduce the cost of regulatory compliance for Singapore SMEs. According to Ms. Jacqueline Low, the Director of Singapore company registration agency Janus Corporate Solutions - the company that runs the GuideMeSingapore.com site, "In reality, SMEs do not require complex levels of accounting standards. The users of financial statements of SMEs are primarily interested in assessing the current liquidity, solvency, and short-term cash flow of the firm and not its long-term forecast. Another common use of financial statements is to evaluate corporate performance. However, SMEs may not really need financial statements as a means to assess their performance as most of the enterprises tend to be managed by the company owners themselves. With a simpler standard in place, SMEs will soon have more time, money, and resources to focus on their business operations, which will in turn enhance their productivity."
Analysis by GuideMeSingapore.com shows that the proposed standard for SMEs has omitted certain topics such as earnings per share, interim financial reporting, and segment reporting since they are not relevant to SMEs; has introduced simplified accounting policy options as well as other recognition and measurement principles; and has reduced disclosure requirements, among other amendments. A Singapore company is eligible to adopt the SFRS for Small Entities provided it is not publicly accountable and that it satisfies any two of the following three criteria:
. Its total annual revenue must not exceed S$10million;
. Its total gross assets must not exceed S$10million; or
. Its number of employees must not exceed 50.
"Singapore scores high on business friendly measures, whether it is the ease of company formation, low corporate taxes, or straightforward compliance requirements. By introducing a simplified financial reporting standard, Singapore joins the ranks of jurisdictions such as Hong Kong, Malaysia, Australia, UK, and Japan as having distinct reporting standards for SMEs. Singapore has been ranked as the world's easiest place to do business and the new SME accounting standard definitely proves to be a feather in its cap,' added Ms. Low.
More information about starting a business in Singapore can be found at http://www.guidemesingapore.com/
About GuideMeSingapore.com
GuideMeSingapore.com is a unit of Janus Corporate Solutions Pte Ltd - a Singapore-based firm that provides Singapore company formation, Singapore taxation, and Singapore work permit services to organizations and individuals worldwide.
Janus Corporate Solutions Pte Ltd
16 Raffles Quay #33-03
Hong Leong Building
Singapore 048581
CONTACT DETAILS
Andrew Chen, GuideMeSingapore.com, +65 6222 7445, achen@guidemesingapore.com
KEYWORDS
CONSUMER, ECONOMY, MARKETING, BANKING, BUSINESS SERVICES, Financial Analyst, IT, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: GuideMeSingapore.com
Friday, July 30, 2010 11:30 AM IST (06:00 AM GMT)
Editors: General: Consumer interest, Economy; Business: Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst, Information technology; Technology
--------------------------------------------------
GuideMeSingapore.com: Simplified Financial Reporting Standards to benefit Singapore SMEs
The Singapore Accounting Standards Council's proposal to introduce a simplified version of accounting standards for SMEs in Singapore will result in economic benefits to Singapore's SME sector, reports GuideMeSingapore.com
Singapore, Friday, July 30, 2010 -- (Business Wire India) -- The Singapore Accounting Standards Council (ASC) has issued a statement of intent on the likely adoption of a simplified financial reporting standard for small entities (SFRS for Small Entities) in Singapore. Analysis by GuideMeSingapore.com indicates that the differential standard will result in significant cost and resource savings for Singapore incorporated companies.
Under the current norm, all Singapore incorporated companies are required to prepare their financial statements in accordance with the Financial Reporting Standards (FRS) framework that is in line with standards issued by International Accounting Standards Board (IASB). However, the Singapore ASC has proposed a distinct framework based on the International Financial Reporting Standard for Small and Medium-sized Entities for qualifying Singapore SMEs. The Council is currently seeking feedback from stakeholders and the public on the proposed differential standard.
GuideMeSingapore.com opines that if adopted, the new standards will reduce the cost of regulatory compliance for Singapore SMEs. According to Ms. Jacqueline Low, the Director of Singapore company registration agency Janus Corporate Solutions - the company that runs the GuideMeSingapore.com site, "In reality, SMEs do not require complex levels of accounting standards. The users of financial statements of SMEs are primarily interested in assessing the current liquidity, solvency, and short-term cash flow of the firm and not its long-term forecast. Another common use of financial statements is to evaluate corporate performance. However, SMEs may not really need financial statements as a means to assess their performance as most of the enterprises tend to be managed by the company owners themselves. With a simpler standard in place, SMEs will soon have more time, money, and resources to focus on their business operations, which will in turn enhance their productivity."
Analysis by GuideMeSingapore.com shows that the proposed standard for SMEs has omitted certain topics such as earnings per share, interim financial reporting, and segment reporting since they are not relevant to SMEs; has introduced simplified accounting policy options as well as other recognition and measurement principles; and has reduced disclosure requirements, among other amendments. A Singapore company is eligible to adopt the SFRS for Small Entities provided it is not publicly accountable and that it satisfies any two of the following three criteria:
. Its total annual revenue must not exceed S$10million;
. Its total gross assets must not exceed S$10million; or
. Its number of employees must not exceed 50.
"Singapore scores high on business friendly measures, whether it is the ease of company formation, low corporate taxes, or straightforward compliance requirements. By introducing a simplified financial reporting standard, Singapore joins the ranks of jurisdictions such as Hong Kong, Malaysia, Australia, UK, and Japan as having distinct reporting standards for SMEs. Singapore has been ranked as the world's easiest place to do business and the new SME accounting standard definitely proves to be a feather in its cap,' added Ms. Low.
More information about starting a business in Singapore can be found at http://www.guidemesingapore.com/
About GuideMeSingapore.com
GuideMeSingapore.com is a unit of Janus Corporate Solutions Pte Ltd - a Singapore-based firm that provides Singapore company formation, Singapore taxation, and Singapore work permit services to organizations and individuals worldwide.
Janus Corporate Solutions Pte Ltd
16 Raffles Quay #33-03
Hong Leong Building
Singapore 048581
CONTACT DETAILS
Andrew Chen, GuideMeSingapore.com, +65 6222 7445, achen@guidemesingapore.com
KEYWORDS
CONSUMER, ECONOMY, MARKETING, BANKING, BUSINESS SERVICES, Financial Analyst, IT, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Trikona Advisors Limited Issues Letter to Shareholders of Trikona Trinity Capital Plc
Press release from Business Wire India
Source: Business Wire
Friday, July 30, 2010 10:17 AM IST (04:47 AM GMT)
Editors: Business: Accounting & management consultancy services, Banking & financial services, Business services, Financial Analyst, Stock exchanges
--------------------------------------------------
(BW)(TRIKONA-ADVISORS-LIMITED)Trikona Advisors Limited Issues Letter to Shareholders of Trikona Trinity Capital Plc
Mumbai, Maharashtra, India, Friday, July 30, 2010 -- (Business Wire India) --
CONTACT DETAILS
CONTACTS :
Trikona Advisors Limited
Pravin Rathod, +91 22 6780 4800
pravin@trikonacapital.com
KEYWORDS
CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, Financial Analyst, STOCK EXCHANGES
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
http://www.businesswire.com
Submit your press release at http://www.businesswireindia.com
Source: Business Wire
Friday, July 30, 2010 10:17 AM IST (04:47 AM GMT)
Editors: Business: Accounting & management consultancy services, Banking & financial services, Business services, Financial Analyst, Stock exchanges
--------------------------------------------------
(BW)(TRIKONA-ADVISORS-LIMITED)Trikona Advisors Limited Issues Letter to Shareholders of Trikona Trinity Capital Plc
Mumbai, Maharashtra, India, Friday, July 30, 2010 -- (Business Wire India) --
Trikona Advisors Limited (TAL) today issues the following letter to shareholders of Trikona Trinity Capital Plc (TRC.L) for their consideration:
Dear Trikona Trinity Capital shareholder,
We write to you to as one of the largest shareholders in the Company. We are also the people who conceived, spent years of time and effort and created Trikona Trinity Capital "TTC" and we therefore have the most intimate knowledge of the Company's portfolio assets and their value.
The decisions that the Board has taken, some of which are mentioned below, suggest to the prudent observer that the Board has failed to act in the best interest of shareholders like you. For example, this is what the Board has recently done:
1. Tendered 18.7 million shares of Pipavav Shipyard Ltd at Rs. 61.5 per share, being 40% of its holding, without revealing to you that the average price of this share on 25 June (the last working day before the close of the offer) was Rs. 97, thereby implying a discount of 36%.
2. Sold its entire holding in ILFS Transportation Networks Ltd., a leading transportation and infrastructure company through an open offer in the IPO at Rs. 258 per share. The current price is Rs. 296. (Closing price on July 28, 2010).
3. Sold the entire holding in Phoenix Mills Limited in November 2009 at Rs. 170 per share. The current price is Rs. 224.
4. Decided, in June 2010, to dispose off the shares of D B Hospitality for about Rs. 100 Crore. This is approximately the amount that was invested, thus generating a negative IRR. This despite the Company having made progress in the last three years in various underlying projects, and acquiring a few new projects in the SPV, which will significantly improve the valuation and the company is also in the process of launching an IPO.
While it may appear at first glance that there is no logic to these decisions, closer scrutiny suggests that there is consistency in the current Board's actions. While the declared investment policy (approved in EGM held in March 2009) is to maximize shareholder value which reads as, "The Company shall promptly but having due regards to all applicable legal, governmental and regulatory constraints and with a view to maximizing shareholder value, dispose of all its assets in an orderly fashion." The Board has consistently sought to achieve rapid realization rather than maximize the return to shareholders like you. This is corroborated by the above examples and the following:
1. The new portfolio manager sought to be appointed, is promised an annual management fee of 2 million dollars, plus a performance fee of 7.5 % of the net asset realized. There is no relationship between the fees and the return to the shareholders. This means, Indiareit can make handsome profit even if shareholders don't make a gain.
2. TTC, since appointment of the new Board has always maintained the stand that Mr. Adams & Mr. Verma are Non-executive Directors but the way their remuneration package has been structured speaks of almost 250 days of full time work by each of them bringing their part time Non Executive position in doubt. The compensation other than Directors Incentive Plan is huge and has never been brought to the notice of the Shareholders and is being sought to being approved retrospectively. This is way beyond the previous Remuneration Committee's pay grades for non-executive directors and the Chairman respectively.
To illustrate the point we have set out below the total Directors Fees for the last three years compare with the proposed payment of £ 1,092,500 for Mr. Adams and Mr. Verma. The fees proposed for Mr. Adams and Mr. Verma are 10 times what was paid to all the directors of TTC in previous years, see table below:
Total Directors Fees (2006-2007): £ 110,000
Total Directors Fees (2007-2008): £ 138,000
Total Directors Fees (2008-2009): £ 183,000
3. The huge proposed incentive plan for non-executive directors, which we TAL objected to, among other shareholders we are informed and are glad that the company has presently withdrawn this for reconsideration per the recent RNS announcement by TTC.
4. The unwarranted litigation in several jurisdictions initiated by the Company has caused a substantial loss in terms of money and reputation, and could potentially create large liabilities for the Company. In its dispute with TAL the Company has claimed:
(i) that TTC is "pursuing a claim against TAL for damages arising from TAL's breaches of the PMA". This is false. No claim has been made by TTC for loss and damage. TTC cannot advance such a claim because no loss has been suffered.
(ii) that TAL "may" bring a claim against the Company. In fact, TAL has already brought a claim of GBP 112 million and is the company's largest contingent creditor.
5. It has come to our notice by public documents and newspaper articles that the current Board of TTC may not really be independent and the composition of the board should be changed - It has come to our notice Mr. Adams was nominated to the board by QVT, It has also come to our notice that Mr. Verma was an employee or consultant of Carrousel Capital. Further it has been brought to our notice that Mr. Coe has been recommended to sit on the board of Cadogan Petroleum which is also under attack by activist shareholders as it is made clear in the FT (Financial Times) article of May 30th 2010 ".Stephen Coe, an accountant being recommended by Weiss to join the Cadogan board, was appointed by QVT as a director of Trikona last year." It has also been brought to our attention that Mr. Pahwa is an ex- employee of the new manager Indiareit and is currently the CEO of SRM Realty Advisors which is the Investment Advisor of SARE Ltd. a potential competitor of TTC. TAL is glad to see that the board of TTC is starting to recognize these facts and has announced in it recent RNS that it will look to review. Strengthen "... and the optimum composition of the Board in the future"
6. You are all aware that at the last Extraordinary General Body meeting held on March 24th 2009, a group of activist shareholders proposed a new investment policy, which was approved. And the press reported that this is a "....decision that could lead to the winding up of Trikona Trinity Capital." 1You will also recall that the some of the previous board members of the company including the chairman a very well respected and renowned professional resigned on July 14th 2009 without much of an explanation.
7. It is for you to consider, based on the facts given above and in public domain, whether all the decisions of the Board are intended to serve the agenda of some particular shareholders rather than the ordinary shareholder like you.
We hope that you would join us in the fight for our rights as shareholders as needed.
Trikona Advisors Limited (TAL)-A Shareholder in TTC
1 http://www.vccircle.com/500/news/advantage-hedge-funds-trikona-trinity-capital-to-sell-assets
CONTACT DETAILS
CONTACTS :
Trikona Advisors Limited
Pravin Rathod, +91 22 6780 4800
pravin@trikonacapital.com
KEYWORDS
CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, Financial Analyst, STOCK EXCHANGES
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
http://www.businesswire.com
Submit your press release at http://www.businesswireindia.com
BWI: JWT India Wins Asia Pacific Agency Of The Year At AdFest 2010
Press release from Business Wire India
Source: J Walter Thompson
Thursday, July 29, 2010 07:09 PM IST (01:39 PM GMT)
Editors: Business: Advertising, PR & marketing, Media & entertainment
--------------------------------------------------
JWT India Wins Asia Pacific Agency Of The Year At AdFest 2010
Winning 11 APAC Lotus Awards, to Beat All Other Agencies in Asia, Australia & New Zealand
New Delhi, Delhi, India, Thursday, July 29, 2010 -- (Business Wire India) -- JWT has once again come out on top at AdFest, clinching the most Gold awards out of all participating agency networks at the 2010 show. And JWT INDIA has literally swept the Asia Pacific Awards with maximum impact, Winning 3 Gold Lotuses, 4 Silvers, 4 Bronzes and 6 Finalist Merit awards overall across Film Lotus, Press, Poster, Direct and Film Craft Lotus categories. The long awaited AdFest results were announced yesterday and JWT AsiaPac, in total walked away with five Gold, six Silver, seven Bronze, 18 Finalist, one Lotus Roots, one 360 Lotus and one Best (in Direct).
"Powerful brands have powerful ideas at the core. At JWT effectiveness is paramount and very satisfying when our ideas work in the marketplace. We are delighted. International acclaim and Jury recognition is reaffirmation of our core philosophy to do good creative work and for our reputation in driving successful brands," said Colvyn Harris - CEO JWT India.
A big winner for the network was Fujifilm "Funeral," which took home two Golds in Press and Poster. A 3 ad campaign created to highlight the smile capture feature of Fuji cameras. JWT India's other Gold went to Balwadi Night School "Street to School" Campaign that won top honors in the Outdoor category. This Campaign was designed to educate street children on the street itself using projections of letters with corresponding simple visuals from the street itself.
JWT India brought home Silver for their Apollo Hospitals "Blood Donation" film and Godrej Security Solutions "Torn Envelope" while Fujifilm campaign took 2 Silvers.
JWT India added to their Lotus tally with Bronze Lotuses for the Listerine Film "The Snake Charmer", which also won Finalist merit in Film Craft Lotus and Lotus Roots Best Asian Work categories. Horlicks Pro-Height "Pro-Height Room", Karmayog.org "Litter to Lamps" and another Bronze for Fujifilm "Airport".
"The idea is the centre of the universe for all communication designed for our clients and we have been working hard at pushing the creative envelope across brands. Winning Agency of The Year at the Asia Pacific level is huge motivation for our Creative teams across Delhi, Mumbai, Bangalore, Chennai and Kolkata to do even better and work harder on the ideas this year. The next step is obviously to aim higher and if we continue to create ideas that are uniquely Indian, born out of local human insights, campaigns will become successful marketing case studies and the work will surely strike heavy metal." said Senthil Kumar - Executive Creative Director & Chairman: JWT India Creative Council.
Last year too, JWT was network of the year with JWT India winning the coveted Lotus Roots Grand Prix, Two golds and several silvers and bronzes for work on the Chennai ' Naaka Mukka " launch of The Times Of India, Arjuna The Archer for Sulekha.com and several other ideas. With this result, JWT India has really transformed itself to be the Hottest Creative Agency not just in India, but across the Asia Pacific region.
About JWT
JWT is the world's best-known marketing communications brand. Headquartered in New York, JWT is a true global network with more than 200 offices in over 90 countries employing nearly 10,000 marketing professionals. JWT consistently ranks among the top agency networks in the world and continues its dominant presence in the industry by staying on the leading edge-from producing the first-ever TV commercial in 1939 to developing award-winning branded content for brands such as Freixenet, Ford and HSBC.
JWT's pioneering spirit enables the agency to forge deep relationships with clients including Bayer, Cadbury, Diageo, DTC, Ford, HSBC, Johnson & Johnson, Kellogg's, Kimberly-Clark, Kraft, Microsoft, Nestlé, Nokia, Rolex, Royal Caribbean, Schick, Shell, Unilever, Vodafone and many others. JWT's parent company is WPP (NASDAQ:WPPGY).
About JWT APAC
JWT opened their first offices in Asia Pacific in 1929. JWT APAC, now headquartered in Singapore has 3,000 employees spread across 18 countries. Not only are we recognized as one of the largest and most experienced agencies in APAC, but also one of the most creative. In 2009, we captured the most prestigious award-"Network of the Year"-at both of the regional creative awards shows, Spikes and Adfest.
In addition to working with JWT's prestigious multinational clients, JWT APAC works with some of the Asia's largest brands including Thai Airways, Singapore's Economic Development Board, The Times of India and COFCO.
Please click on the links mentioned below to view the pictures:
FujiFilm- airportA2
Street_To_SchoolAdfest
Apollo_Hospitals-Blood_Donation_film
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/FujiFilm- airportA2.jpg
FujiFilm- airportA2.jpg
http://www.BusinessWireIndia.com/attachments/Balwadi_Night_School- Street_To_SchoolAdfest.jpg
Balwadi_Night_School- Street_To_SchoolAdfest.jpg
http://www.BusinessWireIndia.com/attachments/Apollo_Hospitals-Blood_Donation_film.jpg
Apollo_Hospitals-Blood_Donation_film.jpg
CONTACT DETAILS
Arneeta Vasudeva, IPAN Hill & Knowlton, +91 9910019764, avasudeva@ipanhillandknowlton.com
Tondonsana RK, IPAN Hill & Knowlton, +91 9811595911, trk@ipanhillandknowlton.com
KEYWORDS
MARKETING, MEDIA
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: J Walter Thompson
Thursday, July 29, 2010 07:09 PM IST (01:39 PM GMT)
Editors: Business: Advertising, PR & marketing, Media & entertainment
--------------------------------------------------
JWT India Wins Asia Pacific Agency Of The Year At AdFest 2010
Winning 11 APAC Lotus Awards, to Beat All Other Agencies in Asia, Australia & New Zealand
New Delhi, Delhi, India, Thursday, July 29, 2010 -- (Business Wire India) -- JWT has once again come out on top at AdFest, clinching the most Gold awards out of all participating agency networks at the 2010 show. And JWT INDIA has literally swept the Asia Pacific Awards with maximum impact, Winning 3 Gold Lotuses, 4 Silvers, 4 Bronzes and 6 Finalist Merit awards overall across Film Lotus, Press, Poster, Direct and Film Craft Lotus categories. The long awaited AdFest results were announced yesterday and JWT AsiaPac, in total walked away with five Gold, six Silver, seven Bronze, 18 Finalist, one Lotus Roots, one 360 Lotus and one Best (in Direct).
"Powerful brands have powerful ideas at the core. At JWT effectiveness is paramount and very satisfying when our ideas work in the marketplace. We are delighted. International acclaim and Jury recognition is reaffirmation of our core philosophy to do good creative work and for our reputation in driving successful brands," said Colvyn Harris - CEO JWT India.
A big winner for the network was Fujifilm "Funeral," which took home two Golds in Press and Poster. A 3 ad campaign created to highlight the smile capture feature of Fuji cameras. JWT India's other Gold went to Balwadi Night School "Street to School" Campaign that won top honors in the Outdoor category. This Campaign was designed to educate street children on the street itself using projections of letters with corresponding simple visuals from the street itself.
JWT India brought home Silver for their Apollo Hospitals "Blood Donation" film and Godrej Security Solutions "Torn Envelope" while Fujifilm campaign took 2 Silvers.
JWT India added to their Lotus tally with Bronze Lotuses for the Listerine Film "The Snake Charmer", which also won Finalist merit in Film Craft Lotus and Lotus Roots Best Asian Work categories. Horlicks Pro-Height "Pro-Height Room", Karmayog.org "Litter to Lamps" and another Bronze for Fujifilm "Airport".
"The idea is the centre of the universe for all communication designed for our clients and we have been working hard at pushing the creative envelope across brands. Winning Agency of The Year at the Asia Pacific level is huge motivation for our Creative teams across Delhi, Mumbai, Bangalore, Chennai and Kolkata to do even better and work harder on the ideas this year. The next step is obviously to aim higher and if we continue to create ideas that are uniquely Indian, born out of local human insights, campaigns will become successful marketing case studies and the work will surely strike heavy metal." said Senthil Kumar - Executive Creative Director & Chairman: JWT India Creative Council.
Last year too, JWT was network of the year with JWT India winning the coveted Lotus Roots Grand Prix, Two golds and several silvers and bronzes for work on the Chennai ' Naaka Mukka " launch of The Times Of India, Arjuna The Archer for Sulekha.com and several other ideas. With this result, JWT India has really transformed itself to be the Hottest Creative Agency not just in India, but across the Asia Pacific region.
About JWT
JWT is the world's best-known marketing communications brand. Headquartered in New York, JWT is a true global network with more than 200 offices in over 90 countries employing nearly 10,000 marketing professionals. JWT consistently ranks among the top agency networks in the world and continues its dominant presence in the industry by staying on the leading edge-from producing the first-ever TV commercial in 1939 to developing award-winning branded content for brands such as Freixenet, Ford and HSBC.
JWT's pioneering spirit enables the agency to forge deep relationships with clients including Bayer, Cadbury, Diageo, DTC, Ford, HSBC, Johnson & Johnson, Kellogg's, Kimberly-Clark, Kraft, Microsoft, Nestlé, Nokia, Rolex, Royal Caribbean, Schick, Shell, Unilever, Vodafone and many others. JWT's parent company is WPP (NASDAQ:WPPGY).
About JWT APAC
JWT opened their first offices in Asia Pacific in 1929. JWT APAC, now headquartered in Singapore has 3,000 employees spread across 18 countries. Not only are we recognized as one of the largest and most experienced agencies in APAC, but also one of the most creative. In 2009, we captured the most prestigious award-"Network of the Year"-at both of the regional creative awards shows, Spikes and Adfest.
In addition to working with JWT's prestigious multinational clients, JWT APAC works with some of the Asia's largest brands including Thai Airways, Singapore's Economic Development Board, The Times of India and COFCO.
Please click on the links mentioned below to view the pictures:
FujiFilm- airportA2
Street_To_SchoolAdfest
Apollo_Hospitals-Blood_Donation_film
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/FujiFilm- airportA2.jpg
FujiFilm- airportA2.jpg
http://www.BusinessWireIndia.com/attachments/Balwadi_Night_School- Street_To_SchoolAdfest.jpg
Balwadi_Night_School- Street_To_SchoolAdfest.jpg
http://www.BusinessWireIndia.com/attachments/Apollo_Hospitals-Blood_Donation_film.jpg
Apollo_Hospitals-Blood_Donation_film.jpg
CONTACT DETAILS
Arneeta Vasudeva, IPAN Hill & Knowlton, +91 9910019764, avasudeva@ipanhillandknowlton.com
Tondonsana RK, IPAN Hill & Knowlton, +91 9811595911, trk@ipanhillandknowlton.com
KEYWORDS
MARKETING, MEDIA
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: 33rd Nikon Photo Contest International 2010-2011 (NCPI 2010-11) Calls for Entries from September 1 till November 30, 2010
Press release from Business Wire India
Source: Nikon India
Thursday, July 29, 2010 06:41 PM IST (01:11 PM GMT)
Editors: General: Consumer interest, People; Business: Media & entertainment, Publishing & printing
--------------------------------------------------
33rd Nikon Photo Contest International 2010-2011 (NCPI 2010-11) Calls for Entries from September 1 till November 30, 2010
New Delhi, Delhi, India, Thursday, July 29, 2010 -- (Business Wire India) -- Nikon Corporation has called for entries for the 33rd Nikon Photo Contest International 2010-2011 (NCPI 2010-11). The entries to the contest will be accepted between September 1 and November 30, 2010.
The NCPI 2010-11 is being held in two categories -- Category A for "Free Subjects" and Category B for "Energy". Photographers can opt for subjects of their choice to enter Category A, while Category B invites work that capture the energy of sights and subjects that inspire, motivate or excite the contestant or the viewers.
The application forms are available on http://www.nikon-npci.com/, which also has the facility for transmission of contesting images.
Hiroshi Takashina, MD, Nikon said: "India is a photographer's delight. The people, subjects, colours, environment, issues, social weave and weather - you have a variety, like no other, to choose from for subjects. Added to this, there's a sea of hardcore photographers and photography lovers, be it in the amateur or the professional space. I am sure, like last year, there's going to be an Indian among the 33rd Nikon Photo Contest International 2010-2011 winners."
Indians have been at the top of the Nikon Photo Contest International since its beginning in 1969. Since then, NPCI has gathered an impressive 'portfolio of famous Indian photographers.
Like in the previous NPCIs, the 33rd contest will also be judged by well-known names in the photography world across the world. There are 53 awards to be given away, which includes a Grand Prize, 16 First, Second and Third prizes, four Emerging.
Talent Awards for photographers aged 29 or younger, and 16 more Emerging Talent Award runners up.
The Emerging Talent Award is quite sought after, as it is an opportunity for the youth of the world to share and showcase their work on a prestigious platform as Nikon Photo Contest International.
Nikon Photo Contest International 2010-2011 overview
- Entry requirements
Any professional or amateur photographer, regardless of age, gender or nationality, may participate.
- Photo themes and categories
Category
A. Free subject
B. Energy
*Photos exhibiting the free expression of any subject that has moved the photographer will be accepted for the free subject category.
*Entries for the "Energy" category should be photos that capture the energy of sights and subjects that inspire, motivate or excite you or viewers.
*A single photo may not be entered in both categories.
- Entry period
September 1 (Wednesday) through November 30 (Tuesday), 2010
- Entry method
Image data will be accepted via the Internet. Fill out the application form on the Nikon Photo Contest International 2010-2011 website (http://www.nikon-npci.com/) and transmit image data via the form.
About Nikon India
Nikon India distributes markets and services the complete range of Nikon imaging products, including its Nikon D-SLR as well as its compact camera, the Nikon COOLPIX and a range of NIKKOR lenses and service and repair of Industrial products. These include microscopes and technical measuring instruments.
Nikon's D-SLR range of three recently introduced cameras - D3S is a multipurpose and all rounder professional camera; the D300s & D3000 combine professional-level performance with agility and easy-to-use interface to create affordable, approachable pro-level and entry-level D-SLR cameras, which will completely invigorate photography for its consumers. In the COOLPIX compact camera category, Nikon has eight new models namely COOLPIX P100, S8000, S6000, S4000, S3000, L110, L22 and L21. These cameras along with the existing line up takes the range of COOLPIX to 12 with 40 bright and energetic colors to suit color preferences of Nikon customers.
With offices in Mumbai, Kolkata and Bengaluru, Nikon is strengthening its distribution network all across India. The company has established total of eighteen ASCs (authorized service centers) for complete service support for Nikon customers while four more are in pipeline for the year 2010-2011.
Nikon has also set up D-SLR and COOLPIX zone pan India which showcases the entire range of D-SLR cameras, COOLPIX cameras and an elaborate range of NIKKOR lenses. These zones allow consumers, both professional and amateurs get to touch, feel and experience the Nikon cameras with combination of lenses and other accessories providing expert guidance, technical knowhow all under one roof.
Nikon Corporation: Japan
Founded in 1917 as Nippon Kōgaku; the company was renamed in 1988 as Nikon Corporation. Nikon has truly evolved as an institution of creativity in imaging arena, Semi conductors, Industrial Equipments and specialized in optics as well. Nikon technologies are active not only in Nikon's core products such as cameras, microscopes and IC steppers/scanners, but they also squarely support innovation in leading-edge science, and they contribute to the development of society and industry as a whole.
Nikon Corporation, Imaging Company announced the worldwide launch of Nikon Next (www.nikonnext.com). Nikon Next site will serve as a new type of imaging gallery for the exhibition of works taking electronic visual displays as the final means of expression in a wide variety of formats, including still images, movies, text and audio, and Flash files, by established artists in the photography industry along with up-and-coming photographers and imaging artists who will serve as the backbone of the photo imaging culture to come. Visitors to the site will be able to search works by artist name or shooting location.
CONTACT DETAILS
Archana Sharda, IPAN Hill & Knowlton, +91 9811838332, asharda@ipanhillandknowlton.com
Sona Endow, IPAN Hill & Knowlton, +91 9891944882, sendow@ipanhillandknowlton.com
KEYWORDS
CONSUMER, PEOPLE, MEDIA, PUBLISHING
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Nikon India
Thursday, July 29, 2010 06:41 PM IST (01:11 PM GMT)
Editors: General: Consumer interest, People; Business: Media & entertainment, Publishing & printing
--------------------------------------------------
33rd Nikon Photo Contest International 2010-2011 (NCPI 2010-11) Calls for Entries from September 1 till November 30, 2010
New Delhi, Delhi, India, Thursday, July 29, 2010 -- (Business Wire India) -- Nikon Corporation has called for entries for the 33rd Nikon Photo Contest International 2010-2011 (NCPI 2010-11). The entries to the contest will be accepted between September 1 and November 30, 2010.
The NCPI 2010-11 is being held in two categories -- Category A for "Free Subjects" and Category B for "Energy". Photographers can opt for subjects of their choice to enter Category A, while Category B invites work that capture the energy of sights and subjects that inspire, motivate or excite the contestant or the viewers.
The application forms are available on http://www.nikon-npci.com/, which also has the facility for transmission of contesting images.
Hiroshi Takashina, MD, Nikon said: "India is a photographer's delight. The people, subjects, colours, environment, issues, social weave and weather - you have a variety, like no other, to choose from for subjects. Added to this, there's a sea of hardcore photographers and photography lovers, be it in the amateur or the professional space. I am sure, like last year, there's going to be an Indian among the 33rd Nikon Photo Contest International 2010-2011 winners."
Indians have been at the top of the Nikon Photo Contest International since its beginning in 1969. Since then, NPCI has gathered an impressive 'portfolio of famous Indian photographers.
Like in the previous NPCIs, the 33rd contest will also be judged by well-known names in the photography world across the world. There are 53 awards to be given away, which includes a Grand Prize, 16 First, Second and Third prizes, four Emerging.
Talent Awards for photographers aged 29 or younger, and 16 more Emerging Talent Award runners up.
The Emerging Talent Award is quite sought after, as it is an opportunity for the youth of the world to share and showcase their work on a prestigious platform as Nikon Photo Contest International.
Nikon Photo Contest International 2010-2011 overview
- Entry requirements
Any professional or amateur photographer, regardless of age, gender or nationality, may participate.
- Photo themes and categories
Category
A. Free subject
B. Energy
*Photos exhibiting the free expression of any subject that has moved the photographer will be accepted for the free subject category.
*Entries for the "Energy" category should be photos that capture the energy of sights and subjects that inspire, motivate or excite you or viewers.
*A single photo may not be entered in both categories.
- Entry period
September 1 (Wednesday) through November 30 (Tuesday), 2010
- Entry method
Image data will be accepted via the Internet. Fill out the application form on the Nikon Photo Contest International 2010-2011 website (http://www.nikon-npci.com/) and transmit image data via the form.
About Nikon India
Nikon India distributes markets and services the complete range of Nikon imaging products, including its Nikon D-SLR as well as its compact camera, the Nikon COOLPIX and a range of NIKKOR lenses and service and repair of Industrial products. These include microscopes and technical measuring instruments.
Nikon's D-SLR range of three recently introduced cameras - D3S is a multipurpose and all rounder professional camera; the D300s & D3000 combine professional-level performance with agility and easy-to-use interface to create affordable, approachable pro-level and entry-level D-SLR cameras, which will completely invigorate photography for its consumers. In the COOLPIX compact camera category, Nikon has eight new models namely COOLPIX P100, S8000, S6000, S4000, S3000, L110, L22 and L21. These cameras along with the existing line up takes the range of COOLPIX to 12 with 40 bright and energetic colors to suit color preferences of Nikon customers.
With offices in Mumbai, Kolkata and Bengaluru, Nikon is strengthening its distribution network all across India. The company has established total of eighteen ASCs (authorized service centers) for complete service support for Nikon customers while four more are in pipeline for the year 2010-2011.
Nikon has also set up D-SLR and COOLPIX zone pan India which showcases the entire range of D-SLR cameras, COOLPIX cameras and an elaborate range of NIKKOR lenses. These zones allow consumers, both professional and amateurs get to touch, feel and experience the Nikon cameras with combination of lenses and other accessories providing expert guidance, technical knowhow all under one roof.
Nikon Corporation: Japan
Founded in 1917 as Nippon Kōgaku; the company was renamed in 1988 as Nikon Corporation. Nikon has truly evolved as an institution of creativity in imaging arena, Semi conductors, Industrial Equipments and specialized in optics as well. Nikon technologies are active not only in Nikon's core products such as cameras, microscopes and IC steppers/scanners, but they also squarely support innovation in leading-edge science, and they contribute to the development of society and industry as a whole.
Nikon Corporation, Imaging Company announced the worldwide launch of Nikon Next (www.nikonnext.com). Nikon Next site will serve as a new type of imaging gallery for the exhibition of works taking electronic visual displays as the final means of expression in a wide variety of formats, including still images, movies, text and audio, and Flash files, by established artists in the photography industry along with up-and-coming photographers and imaging artists who will serve as the backbone of the photo imaging culture to come. Visitors to the site will be able to search works by artist name or shooting location.
CONTACT DETAILS
Archana Sharda, IPAN Hill & Knowlton, +91 9811838332, asharda@ipanhillandknowlton.com
Sona Endow, IPAN Hill & Knowlton, +91 9891944882, sendow@ipanhillandknowlton.com
KEYWORDS
CONSUMER, PEOPLE, MEDIA, PUBLISHING
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Centaur Pharmaceuticals In-Licenses Herpes Drug Sorivudine from aRigen Pharmaceuticals Japan
Press release from Business Wire India
Source: Centaur Pharmaceuticals Private Limited
Thursday, July 29, 2010 06:00 PM IST (12:30 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Healthcare, biotechnology & pharmaceutical; Healthcare
--------------------------------------------------
Centaur Pharmaceuticals In-Licenses Herpes Drug Sorivudine from aRigen Pharmaceuticals Japan
Mumbai, Maharashtra, India, Thursday, July 29, 2010 -- (Business Wire India) -- Centaur has in-licensed the development and distribution rights for Sorivudine, a topical antiviral drug from aRigen, for India and neighbouring countries. Centaur will soon approach the Drugs Controller General, India (DCGI) for permission for Phase II and Phase III trials and for marketing rights in India. Sorivudine is a local application, for Herpes Zoster, which will be introduced for the first time in India, by 2013.
aRigen's President & CEO, Dr Gensuke Tokoro, says "aRigen Pharmaceuticals is a drug discovery and development biotech company in Japan (Tokyo) with a commitment to discovering breakthrough pharmaceutical seeds discovered in Japan, and developing innovative pharmaceutical products for the entire global population."
Commenting on the deal, Centaur's Managing Director, Mr SD Sawant, said, "Centaur Pharmaceuticals, ranks among India's few, fully integrated pharmaceutical firms. We have built 4 building blocks to drive future growth- formulations, API, contract manufacturing and clinical research. Our strategy is to ink similar in-licensing agreements with the world's leading drug discovery and development players like aRigen, and derive synergies by leveraging our proficiencies across the pharmaceutical value chain."
Centaur had earlier received the development rights for the new chemical entity (NCE), DPOCL (Diperoxochloric Acid) solution, for Diabetic Foot Ulcer from Cyto Tools AG, Germany. Centaur's clinical research division, LifeSan Clinical Research, have successfully conducted Phase II trials in India for DPOCL, and have applied for permission for Phase III to DCGI. DPOCL will be introduced for the first time in India, by 2012.
About aRigen Pharmaceuticals, Inc (http://www.arigen.jp/)
aRigen was established in Tokyo, Japan, in 2001. aRigen is uniquely positioned as a leading R&D biotech company in Japan in anti-infective products, with six key products rapidly advancing in the clinical development. aRigen also specialises in antibacterials, antivirals and antiprotozoals.
About Centaur Pharmaceuticals Private Limited (www.centaurpharma.com)
Centaur was established in Mumbai, India, in 1978. Centaur ranks among India's Top 50 pharmaceutical players. In India, Centaur brands are leaders in 6 therapy segments, including the anticold segment, with Sinarest. Centaur is India's largest manufacturer and exporter of psychotropic API, with an USFDA approved facility. Centaur is strategically positioned in the contract manufacturing space with its UKMHRA and TGA, Australia, approved formulations facility in Pune. Centaur has built competencies in clinical research space with capabilities to conduct BA-BE studies and phase II/III/IV trials.
To view photographs kindly click on the links below:
Centaur Pharmaceuticals Managing Director, Mr SD Sawant and aRigen's President & CEO, Dr Gensuke Tokoro
Centaur House
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CONTACT DETAILS
Dr Amit Rangnekar General Manager (Business Development), Centaur Pharmaceuticals Private Limited, +91 98200 27699 / +91 (22) 6649 9132, amit@centaurlab.com
KEYWORDS
CONSUMER, MARKETING, HEALTHCARE, HEALTHCARE
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Source: Centaur Pharmaceuticals Private Limited
Thursday, July 29, 2010 06:00 PM IST (12:30 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Healthcare, biotechnology & pharmaceutical; Healthcare
--------------------------------------------------
Centaur Pharmaceuticals In-Licenses Herpes Drug Sorivudine from aRigen Pharmaceuticals Japan
Mumbai, Maharashtra, India, Thursday, July 29, 2010 -- (Business Wire India) -- Centaur has in-licensed the development and distribution rights for Sorivudine, a topical antiviral drug from aRigen, for India and neighbouring countries. Centaur will soon approach the Drugs Controller General, India (DCGI) for permission for Phase II and Phase III trials and for marketing rights in India. Sorivudine is a local application, for Herpes Zoster, which will be introduced for the first time in India, by 2013.
aRigen's President & CEO, Dr Gensuke Tokoro, says "aRigen Pharmaceuticals is a drug discovery and development biotech company in Japan (Tokyo) with a commitment to discovering breakthrough pharmaceutical seeds discovered in Japan, and developing innovative pharmaceutical products for the entire global population."
Commenting on the deal, Centaur's Managing Director, Mr SD Sawant, said, "Centaur Pharmaceuticals, ranks among India's few, fully integrated pharmaceutical firms. We have built 4 building blocks to drive future growth- formulations, API, contract manufacturing and clinical research. Our strategy is to ink similar in-licensing agreements with the world's leading drug discovery and development players like aRigen, and derive synergies by leveraging our proficiencies across the pharmaceutical value chain."
Centaur had earlier received the development rights for the new chemical entity (NCE), DPOCL (Diperoxochloric Acid) solution, for Diabetic Foot Ulcer from Cyto Tools AG, Germany. Centaur's clinical research division, LifeSan Clinical Research, have successfully conducted Phase II trials in India for DPOCL, and have applied for permission for Phase III to DCGI. DPOCL will be introduced for the first time in India, by 2012.
About aRigen Pharmaceuticals, Inc (http://www.arigen.jp/)
aRigen was established in Tokyo, Japan, in 2001. aRigen is uniquely positioned as a leading R&D biotech company in Japan in anti-infective products, with six key products rapidly advancing in the clinical development. aRigen also specialises in antibacterials, antivirals and antiprotozoals.
About Centaur Pharmaceuticals Private Limited (www.centaurpharma.com)
Centaur was established in Mumbai, India, in 1978. Centaur ranks among India's Top 50 pharmaceutical players. In India, Centaur brands are leaders in 6 therapy segments, including the anticold segment, with Sinarest. Centaur is India's largest manufacturer and exporter of psychotropic API, with an USFDA approved facility. Centaur is strategically positioned in the contract manufacturing space with its UKMHRA and TGA, Australia, approved formulations facility in Pune. Centaur has built competencies in clinical research space with capabilities to conduct BA-BE studies and phase II/III/IV trials.
To view photographs kindly click on the links below:
Centaur Pharmaceuticals Managing Director, Mr SD Sawant and aRigen's President & CEO, Dr Gensuke Tokoro
Centaur House
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/pic1(125).JPG
pic1(125).JPG
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CONTACT DETAILS
Dr Amit Rangnekar General Manager (Business Development), Centaur Pharmaceuticals Private Limited, +91 98200 27699 / +91 (22) 6649 9132, amit@centaurlab.com
KEYWORDS
CONSUMER, MARKETING, HEALTHCARE, HEALTHCARE
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BWI: iDeCK contributes to Calamity Relief Fund of Karnataka
Press release from Business Wire India
Source: Infrastructure Development Corporation (Karnataka) Limited (iDeCK)
Thursday, July 29, 2010 05:48 PM IST (12:18 PM GMT)
Editors: General: People, Social issues; Business: Banking & financial services, Business services, Media & entertainment
--------------------------------------------------
iDeCK contributes to Calamity Relief Fund of Karnataka
Mumbai, Maharashtra, India, Thursday, July 29, 2010 -- (Business Wire India) -- On successful completion of 10 years of profitable operations, iDeCK presented a cheque for Rupees Twenty Five Lakh (Rs. 25 Lakh) on 28th July 2010 to the Chief Minister of Karnataka, for the "Calamity Relief Fund of Karnataka."
Infrastructure Development Corporation (Karnataka) Limited (iDeCK) is a joint venture between the Government of Karnataka (GoK), Infrastructure Development Finance Company Limited (IDFC), and Housing Development Finance Corporation Limited (HDFC). Incorporated on June 30, 2000, iDeCK stands as testimony to GoK and IDFC's commitment to provide a strong, credible, and proactive institutional mechanism for leveraging private sector participation in infrastructure development.
To view the photograph, please click on the link given below:
Left to right Mr. V.P.Baligar, Principal Secretary, C&I - GoK & Chairman, iDeCK, Hon'ble Chief Minister of Karnataka Mr. B.S.Yeddyurappa, Mr. Hiremat, VP, iDeCK and Mr. P.V. Rav
For picture(s)/data to illustrate this release click below:
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Pic(85).JPG
CONTACT DETAILS
Venkatraman K. V, IDFC, +91 9004040575, venkat@idfc.com
Etienne Marques, Repute Public Affairs & CSR Solutions, +91 9821125392, etienne.m@reputesolutions.com
KEYWORDS
PEOPLE, SOCIAL, BANKING, BUSINESS SERVICES, MEDIA
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Source: Infrastructure Development Corporation (Karnataka) Limited (iDeCK)
Thursday, July 29, 2010 05:48 PM IST (12:18 PM GMT)
Editors: General: People, Social issues; Business: Banking & financial services, Business services, Media & entertainment
--------------------------------------------------
iDeCK contributes to Calamity Relief Fund of Karnataka
Mumbai, Maharashtra, India, Thursday, July 29, 2010 -- (Business Wire India) -- On successful completion of 10 years of profitable operations, iDeCK presented a cheque for Rupees Twenty Five Lakh (Rs. 25 Lakh) on 28th July 2010 to the Chief Minister of Karnataka, for the "Calamity Relief Fund of Karnataka."
Infrastructure Development Corporation (Karnataka) Limited (iDeCK) is a joint venture between the Government of Karnataka (GoK), Infrastructure Development Finance Company Limited (IDFC), and Housing Development Finance Corporation Limited (HDFC). Incorporated on June 30, 2000, iDeCK stands as testimony to GoK and IDFC's commitment to provide a strong, credible, and proactive institutional mechanism for leveraging private sector participation in infrastructure development.
To view the photograph, please click on the link given below:
Left to right Mr. V.P.Baligar, Principal Secretary, C&I - GoK & Chairman, iDeCK, Hon'ble Chief Minister of Karnataka Mr. B.S.Yeddyurappa, Mr. Hiremat, VP, iDeCK and Mr. P.V. Rav
For picture(s)/data to illustrate this release click below:
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CONTACT DETAILS
Venkatraman K. V, IDFC, +91 9004040575, venkat@idfc.com
Etienne Marques, Repute Public Affairs & CSR Solutions, +91 9821125392, etienne.m@reputesolutions.com
KEYWORDS
PEOPLE, SOCIAL, BANKING, BUSINESS SERVICES, MEDIA
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BWI: CCCL Reports 23.41% Growth in Turnover in Q1
Press release from Business Wire India
Source: Consolidated Construction Consortium Ltd
Thursday, July 29, 2010 05:44 PM IST (12:14 PM GMT)
Editors: General: Consumer interest, Economy; Business: Banking & financial services, Business services, Construction, Financial Analyst, Real estate, Stock exchanges
--------------------------------------------------
CCCL Reports 23.41% Growth in Turnover in Q1
Total Income Exceeds Rs.507.96 cr
Chennai, Tamil Nadu, India, Thursday, July 29, 2010 -- (Business Wire India) -- Consolidated Construction Consortium Ltd (BOM:532902), an integrated construction services provider having projects in the industrial, commercial, residential, and infrastructure space has announced its Q1 results for FY 2010-2011.
For the quarter ended 30.06.2010, the total revenue, on a standalone basis stood at Rs.507.96 Cr and Profit after Tax (PAT) at Rs.18.78 Cr. Compared to the same quarter last year, there has been a revenue jump of 23.41% from Rs.411.60 Cr and profits after tax grew by 6.42%.
Mr. Sarabeswar, Chairman & CEO, CCCL Ltd said, "Our recent infrastructure and other power projects have strengthened our portfolio. We are upbeat regarding the company's performance with increased orders and projects. We are confident of scaling new heights in the coming quarters".
The company has during the quarter booked fresh orders worth Rs 1705.69 Cr, which includes the construction of Goa Airport, Elevated stations for Chennai Metro Rail Limited and Power Plants
The order backlog as of 30.06.2010 is Rs.4526.94 cr.
Financial highlights
1. Top line growth of 23.41%
2. Bottom line growth of 6.42%
About CCCL
Headquartered in Chennai, Consolidated Construction Consortium was promoted in the year 1997. The company is an integrated construction services provider and its operations cover industrial, commercial, residential and infrastructure projects. It has presence in Bangalore, Hyderabad, Kolkatta, New Delhi, Pune, Trivandrum and Dubai. CCCL has grown from Rs.40 million to Rs.14 billion and has executed projects across 17 states and union territories in India. It has been awarded ISO: 9001Bureau Veritas certification as well as Quality Management system in tune with ISO: 9001:2000 standards, ISO 14001:2004 certification for the Environmental Management System and OHSAS 18001:2007 certification for occupational health and safety. For more information please log on to www.ccclindia.com.
To view the press release with the tables and Fiancial Results, please click on the links given below:
Press Release with Tables
Unaudited Financial Results
CONTACT DETAILS
Mr. T.R. Seetharaman, CFO, CCCL, +91 (44) 2345 4500, trs@ccclindia.com
Nachu Nagappan, Account Manager, 20:20 MEDIA, +91 99400 68348, nachu@2020india.com
KEYWORDS
CONSUMER, ECONOMY, BANKING, BUSINESS SERVICES, CONSTRUCTION, Financial Analyst, REAL ESTATE, STOCK EXCHANGES, CCCL.NS, CCCL.BO
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Source: Consolidated Construction Consortium Ltd
Thursday, July 29, 2010 05:44 PM IST (12:14 PM GMT)
Editors: General: Consumer interest, Economy; Business: Banking & financial services, Business services, Construction, Financial Analyst, Real estate, Stock exchanges
--------------------------------------------------
CCCL Reports 23.41% Growth in Turnover in Q1
Total Income Exceeds Rs.507.96 cr
Chennai, Tamil Nadu, India, Thursday, July 29, 2010 -- (Business Wire India) -- Consolidated Construction Consortium Ltd (BOM:532902), an integrated construction services provider having projects in the industrial, commercial, residential, and infrastructure space has announced its Q1 results for FY 2010-2011.
For the quarter ended 30.06.2010, the total revenue, on a standalone basis stood at Rs.507.96 Cr and Profit after Tax (PAT) at Rs.18.78 Cr. Compared to the same quarter last year, there has been a revenue jump of 23.41% from Rs.411.60 Cr and profits after tax grew by 6.42%.
Mr. Sarabeswar, Chairman & CEO, CCCL Ltd said, "Our recent infrastructure and other power projects have strengthened our portfolio. We are upbeat regarding the company's performance with increased orders and projects. We are confident of scaling new heights in the coming quarters".
The company has during the quarter booked fresh orders worth Rs 1705.69 Cr, which includes the construction of Goa Airport, Elevated stations for Chennai Metro Rail Limited and Power Plants
The order backlog as of 30.06.2010 is Rs.4526.94 cr.
Financial highlights
1. Top line growth of 23.41%
2. Bottom line growth of 6.42%
About CCCL
Headquartered in Chennai, Consolidated Construction Consortium was promoted in the year 1997. The company is an integrated construction services provider and its operations cover industrial, commercial, residential and infrastructure projects. It has presence in Bangalore, Hyderabad, Kolkatta, New Delhi, Pune, Trivandrum and Dubai. CCCL has grown from Rs.40 million to Rs.14 billion and has executed projects across 17 states and union territories in India. It has been awarded ISO: 9001Bureau Veritas certification as well as Quality Management system in tune with ISO: 9001:2000 standards, ISO 14001:2004 certification for the Environmental Management System and OHSAS 18001:2007 certification for occupational health and safety. For more information please log on to www.ccclindia.com.
To view the press release with the tables and Fiancial Results, please click on the links given below:
Press Release with Tables
Unaudited Financial Results
CONTACT DETAILS
Mr. T.R. Seetharaman, CFO, CCCL, +91 (44) 2345 4500, trs@ccclindia.com
Nachu Nagappan, Account Manager, 20:20 MEDIA, +91 99400 68348, nachu@2020india.com
KEYWORDS
CONSUMER, ECONOMY, BANKING, BUSINESS SERVICES, CONSTRUCTION, Financial Analyst, REAL ESTATE, STOCK EXCHANGES, CCCL.NS, CCCL.BO
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BWI: picoChip and Entuple Technologies to Bring World’s Most Advanced Femtocell Technologies to India
Press release from Business Wire India
Source: picoChip
Thursday, July 29, 2010 05:35 PM IST (12:05 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Telecommunications; Technology
--------------------------------------------------
picoChip and Entuple Technologies to Bring World's Most Advanced Femtocell Technologies to India
Bangalore, Karnataka, India, Thursday, July 29, 2010 -- (Business Wire India) -- picoChip has signed an agreement with Entuple Technologies, to develop and bring to market the world's most advanced 3G and 4G femtocell technologies to Indian industry and academia. Under the agreement, Entuple will provide sales, engineering and systems integration support, covering HSPA+ femtocells, rural femtocells and LTE technology.
Entuple Technologies, headquartered in Bangalore, is a holistic solutions enabler in system design technologies with a team of experienced engineers and frontline staff. The company has established partnerships with a range of companies in its core technology areas including next generation silicon platform solutions with a focus on the wired and wireless communications market.
Speaking at the launch of "Enabling Innovation India", part of this week's UK-India Government Summit, Nigel Toon, CEO of picoChip, said, "The pool of talent and expertise in wireless technology development that lies within India is astonishing, and it is no surprise that the subcontinent is evolving into a centre of excellence for wireless expertise and development. The expertise, talent and collaborative spirit of the Entuple team is a formidable asset in driving picoChip's ambitions and plans for the Indian market."
"Entuple's mission is to front next generation technology products for systems design, along with best-in-class technical support and focused solutions," said Rajesh Agarwal, Entuple's Director of Sales. "Partnerships with niche technology leaders such as picoChip are a fundamental part of our strategy and we look forward to enabling effective adoption of these technologies in system design here, while catalyzing the growth of the technical capabilities of the design community."
The Indian mobile market is witnessing significant growth, with analyst firm Gartner estimating 55.9 percent growth in mobile penetration in India in 2010, and double-digit growth rates till the end of 2012. There are a growing number of firms developing 3G services, which are expected to launch over the next 18 months across the country.
About picoChip
picoChip is enabling the next generation of wireless infrastructure. Its picoXcellT family of optimized silicon devices is the leader in the fast growing market for femtocell access points. Its picoArrayT family of flexible wireless processors is the leading solution for OFDMA-based network equipment, and is backed by comprehensive software support for global standards such as EDGE, HSPA, HSPA+, TD-SCDMA, WiMAX, LTE, cdma2000 and GSM. Located in Bath, UK and Beijing, China, picoChip is re-shaping mobile networks.
For more information, visit www.picochip.com
Forward-looking Statements.
This material is made based on information available at the time of writing. Statements in this material that are not historical facts, including without limitation, plans, forecast and strategies are Forward-looking Statements.
Forward-looking Statements are subject to various risks and uncertainties, including without limitation, general economic conditions, general market conditions, customer demand, competition, and other important factors that may cause actual results to differ materially from those expressed or implied in any Forward-looking Statements.
Information contained herein regarding companies other than picoChip Inc. are quoted from public sources and others, and we have not verified and are not responsible for the accuracy of the information.
picoChip Inc. expressly disclaims any obligations or responsibility to update, revise or supplement any Forward-looking Statements in any presentation material or generally to any extent. Use of, or reliance on, the information in this material is at your own risk.
picoChipT, picoArrayT, picoXcellT and smartSignalingT are trademarks of picoChip Inc. All other trademarks are the property of their respective owners. All rights reserved. © picoChip 2010
CONTACT DETAILS
Karthy, brand-comm, +91 9686260350, Karthy@brand-comm.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, TELECOMMUNICATIONS, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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Source: picoChip
Thursday, July 29, 2010 05:35 PM IST (12:05 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Telecommunications; Technology
--------------------------------------------------
picoChip and Entuple Technologies to Bring World's Most Advanced Femtocell Technologies to India
Bangalore, Karnataka, India, Thursday, July 29, 2010 -- (Business Wire India) -- picoChip has signed an agreement with Entuple Technologies, to develop and bring to market the world's most advanced 3G and 4G femtocell technologies to Indian industry and academia. Under the agreement, Entuple will provide sales, engineering and systems integration support, covering HSPA+ femtocells, rural femtocells and LTE technology.
Entuple Technologies, headquartered in Bangalore, is a holistic solutions enabler in system design technologies with a team of experienced engineers and frontline staff. The company has established partnerships with a range of companies in its core technology areas including next generation silicon platform solutions with a focus on the wired and wireless communications market.
Speaking at the launch of "Enabling Innovation India", part of this week's UK-India Government Summit, Nigel Toon, CEO of picoChip, said, "The pool of talent and expertise in wireless technology development that lies within India is astonishing, and it is no surprise that the subcontinent is evolving into a centre of excellence for wireless expertise and development. The expertise, talent and collaborative spirit of the Entuple team is a formidable asset in driving picoChip's ambitions and plans for the Indian market."
"Entuple's mission is to front next generation technology products for systems design, along with best-in-class technical support and focused solutions," said Rajesh Agarwal, Entuple's Director of Sales. "Partnerships with niche technology leaders such as picoChip are a fundamental part of our strategy and we look forward to enabling effective adoption of these technologies in system design here, while catalyzing the growth of the technical capabilities of the design community."
The Indian mobile market is witnessing significant growth, with analyst firm Gartner estimating 55.9 percent growth in mobile penetration in India in 2010, and double-digit growth rates till the end of 2012. There are a growing number of firms developing 3G services, which are expected to launch over the next 18 months across the country.
About picoChip
picoChip is enabling the next generation of wireless infrastructure. Its picoXcellT family of optimized silicon devices is the leader in the fast growing market for femtocell access points. Its picoArrayT family of flexible wireless processors is the leading solution for OFDMA-based network equipment, and is backed by comprehensive software support for global standards such as EDGE, HSPA, HSPA+, TD-SCDMA, WiMAX, LTE, cdma2000 and GSM. Located in Bath, UK and Beijing, China, picoChip is re-shaping mobile networks.
For more information, visit www.picochip.com
Forward-looking Statements.
This material is made based on information available at the time of writing. Statements in this material that are not historical facts, including without limitation, plans, forecast and strategies are Forward-looking Statements.
Forward-looking Statements are subject to various risks and uncertainties, including without limitation, general economic conditions, general market conditions, customer demand, competition, and other important factors that may cause actual results to differ materially from those expressed or implied in any Forward-looking Statements.
Information contained herein regarding companies other than picoChip Inc. are quoted from public sources and others, and we have not verified and are not responsible for the accuracy of the information.
picoChip Inc. expressly disclaims any obligations or responsibility to update, revise or supplement any Forward-looking Statements in any presentation material or generally to any extent. Use of, or reliance on, the information in this material is at your own risk.
picoChipT, picoArrayT, picoXcellT and smartSignalingT are trademarks of picoChip Inc. All other trademarks are the property of their respective owners. All rights reserved. © picoChip 2010
CONTACT DETAILS
Karthy, brand-comm, +91 9686260350, Karthy@brand-comm.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, TELECOMMUNICATIONS, TECHNOLOGY
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BWI: Rediff.com Reports Results for the First Quarter Ended June 30, 2010
Press release from Business Wire India
Source: Rediff.com (India) Ltd.
Thursday, July 29, 2010 05:05 PM IST (11:35 AM GMT)
Editors: General: Consumer interest, Economy; Business: Banking & financial services, Business services, Financial Analyst, Information technology, Stock exchanges, Telecommunications; Technology
--------------------------------------------------
Rediff.com Reports Results for the First Quarter Ended June 30, 2010
Mumbai, Maharashtra, India, Thursday, July 29, 2010 -- (Business Wire India) -- "Online advertising in India definitely has resumed growth, we can see that in our increased pricing power which on an average increased by 26% as compared to the same quarter last year." said Ajit Balakrishnan, Chairman and CEO, Rediff.com.
For Rediff.com's quarter ended June 30, 2010, core online advertising revenues in our India business grew 16% compared to the same quarter the previous year; total India revenues, which includes fee-based and online advertising revenues, grew 6% for the quarter, while our global revenues grew 4% for the quarter, in each case over the same quarter last year.
In the recently concluded auctions for 3G and Wireless Broadband spectrum, telecom companies have bid and paid approximately US$22 Billion as spectrum license fees, according to The Hindu Business Line, and are now implementing 3G and Wireless Broadband projects. This is a harbinger of the growth of the broadband internet market in India. This we believe will provide the underpinning for our growth as a leading online provider of news, information, communication, entertainment and shopping services in the country.
Total registered users grew 15%, compared to the end of the same quarter last year, to 92 million.
MyPage, our social media initiative continues to gain traction and is a strong entrant in the social networking category. We have recently introduced online games on MyPage with social APIs available, which has brought several worldwide game developers to our service. A large number of organisations like State Education Boards, business organisations, celebrities, movie production houses, entrepreneurs, government bodies and NGOs have adopted our MyPage service and are using various features to gather a follower base, send out status updates, communicate with followers on a real time basis, promote links and articles and share photos, videos and music.
We continue to pursue our goal of improving the user experience on our site. In this direction, on our service delivery platform, we have achieved improvement in the order approval rates, a quicker turnaround time, and faster resolution of customer issues. The logistics support has been extended to service 40,000 pin codes in India and have extended our cash on delivery facility to 4,500 new pin-codes in this quarter. A high proportion of orders placed are now delivered within 24 hours.
As in the past few quarters, we propose to continue investing 1 to 1.5 million dollars per quarter in the next 2 -3 quarters to maintain the momentum in user growth.
Our cash balance of $41million, inclusive of interest accrued, as of June 30, 2010 allows us to meet our liquidity needs and to execute on our product development and investment strategy.
Further details of Rediff.com's results for the first fiscal quarter ended June 30, 2010 are appended in tabular form to this press release. A script of the earnings result conference call held on July 29, 2010 will also be made available on Rediff's Investor Information website at investor.rediff.com.
About Rediff.com
Rediff.com (NASDAQ: REDF) is one of the premier worldwide online providers of news, information, communication, entertainment and shopping services to Indians worldwide. Rediff.com provides a platform for Indians worldwide to connect with one another online. Founded in 1996, Rediff.com is headquartered in Mumbai, India with offices in New Delhi, India and New York, USA.
Safe Harbor
Except for historical information and discussions contained herein, statements included in this release may constitute "forward-looking statements." These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those that may be projected by these forward looking statements. These risks and uncertainties include but are not limited to the slowdown in the economies worldwide and in the sectors in which our clients are based, the slowdown in the Internet and IT sectors world-wide, competition, success of our past and future acquisitions, attracting, recruiting and retaining highly skilled employees, technology, legal and regulatory policies, managing risks associated with customer products, the wide spread acceptance of the Internet as well as other risks detailed in the reports filed by Rediff.com India Limited with the U.S. Securities and Exchange Commission. Rediff.com India Limited and its subsidiaries may, from time to time, make additional written and oral forward looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. Rediff.com India Limited does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.
To view the press release with the tables, please click on the link given below:
Press Release
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Rediff_PressRelease.docx
Rediff_PressRelease.docx
CONTACT DETAILS
Mandar Narvekar, Investor Relations and Corporate Affairs Contact, Rediff.com (India) Ltd., +91 (22) 24449144 Extension: 138, investor@rediff.co.in
KEYWORDS
CONSUMER, ECONOMY, BANKING, BUSINESS SERVICES, Financial Analyst, IT, STOCK EXCHANGES, TELECOMMUNICATIONS, TECHNOLOGY, REDF.O
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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Source: Rediff.com (India) Ltd.
Thursday, July 29, 2010 05:05 PM IST (11:35 AM GMT)
Editors: General: Consumer interest, Economy; Business: Banking & financial services, Business services, Financial Analyst, Information technology, Stock exchanges, Telecommunications; Technology
--------------------------------------------------
Rediff.com Reports Results for the First Quarter Ended June 30, 2010
Mumbai, Maharashtra, India, Thursday, July 29, 2010 -- (Business Wire India) -- "Online advertising in India definitely has resumed growth, we can see that in our increased pricing power which on an average increased by 26% as compared to the same quarter last year." said Ajit Balakrishnan, Chairman and CEO, Rediff.com.
For Rediff.com's quarter ended June 30, 2010, core online advertising revenues in our India business grew 16% compared to the same quarter the previous year; total India revenues, which includes fee-based and online advertising revenues, grew 6% for the quarter, while our global revenues grew 4% for the quarter, in each case over the same quarter last year.
In the recently concluded auctions for 3G and Wireless Broadband spectrum, telecom companies have bid and paid approximately US$22 Billion as spectrum license fees, according to The Hindu Business Line, and are now implementing 3G and Wireless Broadband projects. This is a harbinger of the growth of the broadband internet market in India. This we believe will provide the underpinning for our growth as a leading online provider of news, information, communication, entertainment and shopping services in the country.
Total registered users grew 15%, compared to the end of the same quarter last year, to 92 million.
MyPage, our social media initiative continues to gain traction and is a strong entrant in the social networking category. We have recently introduced online games on MyPage with social APIs available, which has brought several worldwide game developers to our service. A large number of organisations like State Education Boards, business organisations, celebrities, movie production houses, entrepreneurs, government bodies and NGOs have adopted our MyPage service and are using various features to gather a follower base, send out status updates, communicate with followers on a real time basis, promote links and articles and share photos, videos and music.
We continue to pursue our goal of improving the user experience on our site. In this direction, on our service delivery platform, we have achieved improvement in the order approval rates, a quicker turnaround time, and faster resolution of customer issues. The logistics support has been extended to service 40,000 pin codes in India and have extended our cash on delivery facility to 4,500 new pin-codes in this quarter. A high proportion of orders placed are now delivered within 24 hours.
As in the past few quarters, we propose to continue investing 1 to 1.5 million dollars per quarter in the next 2 -3 quarters to maintain the momentum in user growth.
Our cash balance of $41million, inclusive of interest accrued, as of June 30, 2010 allows us to meet our liquidity needs and to execute on our product development and investment strategy.
Further details of Rediff.com's results for the first fiscal quarter ended June 30, 2010 are appended in tabular form to this press release. A script of the earnings result conference call held on July 29, 2010 will also be made available on Rediff's Investor Information website at investor.rediff.com.
About Rediff.com
Rediff.com (NASDAQ: REDF) is one of the premier worldwide online providers of news, information, communication, entertainment and shopping services to Indians worldwide. Rediff.com provides a platform for Indians worldwide to connect with one another online. Founded in 1996, Rediff.com is headquartered in Mumbai, India with offices in New Delhi, India and New York, USA.
Safe Harbor
Except for historical information and discussions contained herein, statements included in this release may constitute "forward-looking statements." These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those that may be projected by these forward looking statements. These risks and uncertainties include but are not limited to the slowdown in the economies worldwide and in the sectors in which our clients are based, the slowdown in the Internet and IT sectors world-wide, competition, success of our past and future acquisitions, attracting, recruiting and retaining highly skilled employees, technology, legal and regulatory policies, managing risks associated with customer products, the wide spread acceptance of the Internet as well as other risks detailed in the reports filed by Rediff.com India Limited with the U.S. Securities and Exchange Commission. Rediff.com India Limited and its subsidiaries may, from time to time, make additional written and oral forward looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. Rediff.com India Limited does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.
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Press Release
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CONTACT DETAILS
Mandar Narvekar, Investor Relations and Corporate Affairs Contact, Rediff.com (India) Ltd., +91 (22) 24449144 Extension: 138, investor@rediff.co.in
KEYWORDS
CONSUMER, ECONOMY, BANKING, BUSINESS SERVICES, Financial Analyst, IT, STOCK EXCHANGES, TELECOMMUNICATIONS, TECHNOLOGY, REDF.O
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