Tuesday, June 29, 2010

BWI: India Reflects Consistent Improvement in the World’s Global Transparency Ratings

Press release from Business Wire India
Source: Jones Lang LaSalle Meghraj
Tuesday, June 29, 2010 12:20 PM IST (06:50 AM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Business services, Construction, Media & entertainment, Real estate
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India Reflects Consistent Improvement in the World's Global Transparency Ratings
Jones Lang LaSalle's Global Transparency Index Shows that India has Surged Perceptibly ahead in its Real Estate Transparency Ranking. Tier 1 cities are Currently Ranked # 41 Among Nations Surveyed

Mumbai, Maharashtra, India, Tuesday, June 29, 2010 -- (Business Wire India) -- The 2010 Global Real Estate Transparency Index just released by Jones Lang LaSalle and LaSalle Investment Management revealed a worldwide slowdown in the progress of real estate transparency over the past two years. The survey suggests that the recent turmoil in global financial, economic and real estate markets has impacted on market behaviour, with real estate players focusing on survival rather than market advancement. The average improvement in real estate transparency across the 81 markets covered by the survey has halved in 2008-2010, when compared to the 2006-2008 and 2004-2006 period.

Abhishek Kiran Gupta, Head - Research & REIS, Jones Lang LaSalle Meghraj, states, "The latest transparency index reveals that India has yet again surged ahead in its real estate transparency ranking. The country's Tier 1 cities are currently ranked # 41 among nations surveyed, while India's tertiary cities have graduated from the Low Transparency tier to Semi-Transparent. Further, Indian cities in each tier are now considered slightly more transparent than their Chinese counterparts."

To view the High Transparency Markets, please click on the link given below:

High Transparency Markets

9 out of the 15 fastest improvers are in Europe, and the remaining 6 are in Asia Pacific - to be more precise, 3 from India and 3 from China. Countries with lower investor interest levels - such as Turkey, Poland, Greece and others - have actually improved the most since 2008. On the heels of the global crisis, real estate transparency levels in one-third of the countries are static or declining.

"India's real estate market is rapidly shedding the elements that were part of a less mature system," says Anuj Puri, Chairman & Country Head, Jones Lang LaSalle Meghraj. "The increasing transparency levels are a reliable indicator that the country is adapting fast to the ways in which real estate business is done in more developed countries. The result is that Indian real estate is gaining swiftly in international credibility, and this in turn is boosting investor confidence levels."

To view the Largest Improvement 2008-2010, please click on the link given below:

Largest Improvement 2008-2010

Notes

The survey identifies the fastest moving markets over the past two years, and presents the top-ranking markets in each of the five transparency categories - Performance Measurement, Market Fundamentals, Listed Vehicles, Legal and Regulatory Environment and Transaction Process. Experts from the disciplines of accounting, finance and law have also been consulted, especially in emerging markets, in order to supplement Jones Lang LaSalle's real estate knowledge.
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CONTACT DETAILS
Abhishek Kiran Gupta, Jones Lang LaSalle Meghraj, +91 (22) 61416512, Abhishekkiran.gupta@jllm.co.in
Arun Chitnis, Jones Lang LaSalle Meghraj, +65 6494 3641, Arun.chitnis@jllm.co.in

KEYWORDS
CONSUMER, CONSULTANCY SERVICES, BUSINESS SERVICES, CONSTRUCTION, MEDIA, REAL ESTATE

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Monday, June 28, 2010

BWI: New G-6 Gonio Lens from Volk Offers True 360°

Press release from Business Wire India
Source: Volk Optical
Tuesday, June 29, 2010 10:00 AM IST (04:30 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services; Technology; Healthcare
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New G-6 Gonio Lens from Volk Offers True 360°
Lens Reduces Eye Examination Time by 25 Percent or More

Mumbai, Maharashtra, India, Tuesday, June 29, 2010 -- (Business Wire India) -- Volk Optical has developed a new Gonio lens with the most comprehensive sweeping views of the anterior segment of the eye. The G-6 Gonio's six closely aligned mirrors provide a true 360° view during glaucoma screening, without any lens adjustment required.

Photo: http://halmapr.com/volk/G6 Release.jpg

The lens' six mirrors are equally angled at 63°, eliminating gaps for visualisation of the entire anterior segment at 1.0x magnification. During examination, two of the mirrors are aligned in the superior and inferior regions, while the remaining four mirrors provide a continuous view through the nasal and temporal regions. Practitioners can quickly scan across mirrors, without the confusion of tracking where one view ends and the next begins that can come from rotating the lens. This fast scanning and less need to manoeuvre the slit lamp can reduce examination time by 25 percent or more.

The G-6's taller, tapered profile is easier to hold within the orbit and lessens the chance that a patient can squeeze it off the eye. The "nf" (no flange/no fluid) design of this lens facilitates use without viscous interface solutions. For handling flexibility, the G-6 comes with a ring or a versatile 2-in-1 handle that can easily be adjusted to create a straight or 45° angled grip.

For more information please contact Mahadev Dhuri, Volk's India Sales Manager, on e-mail Mahadev.dhuri@halma.com , telephone 022 6708 0400 or cell phone on 9930 311090.

About Volk Optical:

Volk Optical, a subsidiary of Halma p.l.c. (www.halma.com) is a world industry leader in the design and manufacture of aspheric optics. Glass lens construction and the company's patented double aspheric technology result in the highest resolution imaging with the best stereopsis for precision diagnostic, therapeutic and surgical work. The company is based in the USA and has representatives and distributors around the world.

About Halma:

Halma p.l.c. is a public company listed on the London Stock Exchange and has over 4000 employees in over 40 subsidiaries worldwide. Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India's economy in areas such as health, manufacturing, energy, water and waste treatment, the environment, construction and transport. Halma's India hub opened in December 2008. Halma has also recently opened hub offices in Beijing and Shanghai.

For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/.


CONTACT DETAILS
Mahadev Dhuri, India Sales Manager - Keeler and Volk, Halma India, +91 (22) 67080400, Mahadev.dhuri@halma.com
Damian Corbet, Halma Public Relations, +44 (0) 20 8511 1821, dcorbet@halmapr.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, TECHNOLOGY, HEALTHCARE

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BWI: New Range of Portable Arsenic Test Kits from Palintest

Press release from Business Wire India
Source: Palintest
Tuesday, June 29, 2010 09:30 AM IST (04:00 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Water; Technology; Healthcare
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New Range of Portable Arsenic Test Kits from Palintest


Mumbai, Maharashtra, India, Tuesday, June 29, 2010 -- (Business Wire India) -- The new DigiPAsS and VisuPAsS systems from Palintest Ltd offer accurate, laboratory-standard Arsenic testing in a portable field kit format. Both options use the well-established Gutzeit method to detect Arsenic levels in drinking water, up to and well beyond the WHO recommended maximum of 10 µg/l.

Photo: http://halmapr.com/palintest/pal0210digipass.jpg

The method first converts all Arsenic in a sample to Arsine gas, which is then completely captured by the unique three-stage filter. This ensures excellent accuracy, with no toxic gas release, over the 20 minute reaction time. The result can be assessed either visually against a colour chart (100 - 500 µg/l) or analyzed by the dedicated DigiPAsS instrument with accuracy and precision across the 2-100 µg/l range comparable to AAS. The simplicity of the VisuPAsS system makes it especially suitable for more challenging environments, or where costs must be kept to a minimum.

Arsenic is a naturally occurring contaminant of drinking water in several areas of the world, and even at very low concentrations it causes a variety of serious conditions known collectively as arsenicosis. Symptoms may not even appear until after many accumulated years of drinking contaminated water. The need for accurate testing at low concentrations is therefore vital to continued water safety, and these new Arsenic test kits from Palintest Ltd. offer laboratory quality analysis for on the spot verification.

About Palintest

Based in the United Kingdom, Palintest (www.palintest.com) is a specialized manufacturer of water analysis technology, with its origins dating back to 1870. In the 1950s, Dr. Thomas Palin joined the company after developing the principal of breakpoint chlorination for water and inventing the DPD testing method for chlorine levels in drinking water. The DPD method, though over 50 years old, is still the recognised standard chlorine test both in China and around the world. Through continued improvement, refinement and innovation, the company is now the world's leading producer of a full range of testing equipment and reagents for water, soil, and the environment.

About Halma

Halma p.l.c. (www.halma.com) is an international market leader in safety, health and sensor technology. Halma is a public company listed on the London Stock Exchange and has over 4000 employees in over 40 subsidiaries worldwide with a total turnover of over US$780m (2008). Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India's economy in areas such as manufacturing, energy, water and waste treatment, the environment, construction, transport and healthcare.

Halma recently opened a Hub office in Mumbai. For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/.

Palintest head office contact details:
Palintest Ltd
Palintest House
Kingsway, Team Valley
Gateshead, Tyne & Wear NE11 0NS
United Kingdom
Tel: +44 (0)191 491 0808, Fax: +44 (0)191 482 5372
Email: sales@palintest.com
Website: www.palintest.com


CONTACT DETAILS
Mr Kuniyur. J. Srinivasan, Country Head & Managing Director, Halma India, +91 (22) 67080400, Srini@halma.com
Damian Corbet, Halma Public Relations, +44 (0)20 8511 1821, dcorbet@halmapr.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, WATER, TECHNOLOGY, HEALTHCARE

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BWI: FIME Expands Global Footprint, Starts Operations in India

Press release from Business Wire India
Source: FIME India
Monday, June 28, 2010 05:24 PM IST (11:54 AM GMT)
Editors: General: People; Business: Advertising, PR & marketing, Business services, Information technology, Telecommunications; Technology
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FIME Expands Global Footprint, Starts Operations in India
Prakash Sambandam named as the Director of FIME India, located in Bangalore

Bangalore, Karnataka, India, Monday, June 28, 2010 -- (Business Wire India) -- FIME is both an independent society offering expertise and consulting, and a worldwide provider of test solutions in the smart card, RFID and NFC domains. The group is therefore present in several specialised markets such as electronic payment, health, transport, logistics, telecommunications and e-Identity.

FIME currently has nearly 200 employees speaking English, French, Mandarin, Russian and Spanish on a daily basis, spread throughout 4 branches worldwide: FIME Europe, FIME Asia, FIME America and now, FIME India.

"The naming of Prakash Sambandam in this position reinforces our presence in India, where we have already been selling our services and solutions for two years. Prakash will take the lead of this new branch in order to continue working on and consolidating our development in this region which has great potential. This new structure will actively contribute to the enrichment of our expertise at a global level as well as to our international development," explains Pascal Le Ray, CEO of FIME.

Prakash Sambandam has been involved in the IT domain over many years, in a variety of sectors such as training, software development and management. He created an IT services centre in India and managed a team of 45 people in the software engineering and smart card domain for 6 years. By taking on the role of Director of FIME India he brings to FIME over 16 years' experience as well as creates a cultural fusion between Europe and Asia. This will enable FIME to better understand the expectations and specific needs of Indian clients in order to better serve them.

"The creation of the FIME India branch is the logical next step in the ongoing development that FIME has undertaken since it was created. Proximity and assimilation are some of our major concerns since this is what will allow us to provide Indian companies with the expertise of a large group adapted to their specific local needs," said Prakash Sambandam.

The smart card sector in India is constantly growing, with many projects going on in the SIM card, NFC and contactless technology domains. The majority of these projects come from government initiatives (the development of ePassports, digital identity cards and drivers' licenses.), PDS (public distribution system), the NREGS (National Rural Employment Guarantee Scheme), and the private sector, in particular for the development of banking applications and micro-finance.

With over 1 billion inhabitants and a growing average income, these services are becoming increasingly sought after by integrators, application developers, certification bodies and manufacturers. The Asia Pacific region is projected, by 2013, to contribute around 40% of the global smart card market. The Indian smart card activity is expected to cross 6 billion USD in the next few years.

FIME has already been present in India for 6 years through the offshore platform of the Orange Business Services group, which FIME belongs to. FIME will be adding the launching of test tool solutions as well as consulting and accompaniment to its local offer of support for TIP products and R&D, thus proving its position as a global test solutions provider.

FIME now covers all geographic zones where systems are migrating to the use of smart cards.

One of FIME's goals is to expand its global coverage and develop its existing branches, particularly in North America, China and India.


About FIME®

FIME is a worldwide supplier of test solutions in the domain of smartcards, RFID and NFC. Providing an overall and integrated service consisting of laboratory testing, test tools, consulting and innovation through dedicated R&D, FIME holds a strong position as a real business accelerator.

A pioneer in testing contact cards during the 1990s, today FIME is providing its leading abilities in the contactless world with nearly 200 employees in branches in Canada, France, India and Taiwan. FIME offers a solution adapted to local needs, along with the stability of a company that is a subsidiary of Orange Business Services and the functional flexibility of autonomous teams strongly implicated in your project.

To find out more: www.fime.com

To view photograph please click on

Prakash Sambandam



For picture(s)/data to illustrate this release click below:

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CONTACT DETAILS
Alison STURROCK, FIME, +33 (0)4 76 41 66 69, alison.sturrock@fime.com

KEYWORDS
PEOPLE, MARKETING, BUSINESS SERVICES, IT, TELECOMMUNICATIONS, TECHNOLOGY

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BWI: HOV Global Services Acquires EMR Insurance Services Limited

Press release from Business Wire India
Source: HOV Services Limited
Monday, June 28, 2010 03:10 PM IST (09:40 AM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Banking & financial services, Business services, Information technology; Technology
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HOV Global Services Acquires EMR Insurance Services Limited


London, United Kingdom, Monday, June 28, 2010 -- (Business Wire India) -- HOV Global Services LLC ("HOV Global"), a unit of Rustic Canyon, LLC, a $100+ mm committed acquisition fund established to acquire small to mid-size BPO companies managed by HandsOn Ventures, LLC ("HandsOn") completes the acquisition of EMR Insurance Services Ltd ("EMR").

EMR provides auto insurance services, healthcare and benefits management services to the some of the largest insurance companies and corporations in the world. HandsOn plans to launch, cross-sell and up-sell services across the entire HandsOn managed companies suite of backend services yielding significant cost-savings and growth potential; and leverage its global presence of over 12,000 associates in the USA, United Kingdom India, China, Canada and Mexico in its portfolio companies.

The acquisition of EMR paves the way of HOV Global into the European BPO marketplace and introduces a number of opportunities across the Rustic Canyon portfolio. This acquisition is consistent with HandsOn's strategy of acquiring leading global business process outsourcing companies to deliver superior value to current and prospective clients through its globally positioned resources.

About EMR

EMR Insurance Services Ltd is a market leader in end-to-end auto claims processing and healthcare administration services in the UK.

About Rustic Canyon, LLC

Rustic Canyon is a US$100+ mm committed acquisition fund managed by HandsOn's, established to acquire small to mid-sized BPO companies.

About HandsOn Ventures, LLC

HandsOn is a private equity firm primarily engaged in the business of acquiring BPO and renewable energy companies in the United States and certain other key markets outside the U.S. Over the last decade HandsOn has acquired more than a dozen BPO companies, restructured some of them and successfully taken them public. Companies acquired and controlled by HandsOn employ over 12,000 people in the US, India, China, Canada, Mexico and now, the UK. HandsOn partners and principals have significant work experience in the U.S. and emerging markets, including India, China, and European countries.


CONTACT DETAILS
Mr. Ruchir Desai, Senior Analyst, HandsOn Ventures, LLC, +91 9820428614, ruchir.desai@handsonventures.com

KEYWORDS
CONSUMER, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, IT, TECHNOLOGY, HOVS.NS, HOVS.BO

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BWI: HOV Global Services Acquires Dataforce Interact Limited

Press release from Business Wire India
Source: HOV Services Limited
Monday, June 28, 2010 03:00 PM IST (09:30 AM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Business services, Financial Analyst, Information technology, Stock exchanges; Technology
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HOV Global Services Acquires Dataforce Interact Limited


London, United Kingdom, Monday, June 28, 2010 -- (Business Wire India) -- HOV Global Services LLC ("HOV Global"), a unit of Rustic Canyon LLC, a $100+ mm committed acquisition fund established to acquire small to mid-size BPO companies managed by HandsOn Ventures, LLC ("HandsOn") acquired Dataforce Interact Limited ("Dataforce").

The acquisition of Dataforce is consistent with HandsOn's strategy of acquiring leading global business process outsourcing companies to deliver superior value to current and prospective clients through its globally positioned resources.

With approximately 300 employees spread across two state of the art centers in Northampton, England, Dataforce is a leading integrated multi-channel customer interaction and BPO provider in the U.K. It handles multiple customer response activities for a variety of blue chip customers in the government, charity, retail, travel, construction and utilities sectors. This acquisition will strengthen and expand HandsOn capabilities and reinforce HandsOn's European presence, as well as, provide an additional platform to cross sell and up sell services among HOV Global world-wide group of companies.

About HOV Global Services

HOV Global Services, a wholly owned subsidiary of Rustic Canyon LLC, is a leading provider of outsourcing services in the field of accounts receivable management, auto insurance services, healthcare & benefit management services and has a presence across the U.S, U.K and India with an employee strength of ~2,000 post the acquisition of Dataforce.

About Rustic Canyon, LLC

Rustic Canyon is a US$100+ mm committed acquisition fund managed by HandsOn, established to acquire small to mid-sized BPO companies.

About HandsOn Ventures, LLC

HandsOn is a private equity firm primarily engaged in the business of acquiring BPO and renewable energy companies in the United States and certain other key markets outside the U.S. Over the last decade HandsOn has acquired more than a dozen BPO companies, restructured some of them and successfully taken them public. Companies acquired and controlled by HandsOn employ over 12,000 people in the US, India, China, Canada, Mexico and the UK. HandsOn partners and principals have significant work experience in the U.S. and emerging markets, including India, China, and European countries.


CONTACT DETAILS
Mr. Ruchir Desai, Senior Analyst, HandsOn Ventures, LLC, +91 9820428614, ruchir.desai@handsonventures.com

KEYWORDS
CONSUMER, CONSULTANCY SERVICES, BUSINESS SERVICES, Financial Analyst, IT, STOCK EXCHANGES, TECHNOLOGY, HOVS.NS, HOVS.BO

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BWI: Jasper, Owner of India’s Largest Group Buying Site, SnapDeal.com Announces the Acquisition of Group Buying Company, Grabbon

Press release from Business Wire India
Source: Jasper Infotech
Monday, June 28, 2010 02:16 PM IST (08:46 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment, Retailers; Technology
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Jasper, Owner of India's Largest Group Buying Site, SnapDeal.com Announces the Acquisition of Group Buying Company, Grabbon


New Delhi, Delhi, India, Monday, June 28, 2010 -- (Business Wire India) -- Jasper, a leading multi-channel direct marketing platforms company in India, and owner of India's largest group buying site, SnapDeal.com (www.snapdeal.com), today announced the acquisition of a leading Group Buying company in Bangalore-'Grabbon' (www.grabbon.com).

"I'm confident that with this partnership, we'll have the flexibility and resources needed to pursue our goal of building the next-generation platform for the Group Buying space in India. Grabbon's platform and team will be playing a key role in scaling out Jasper's plans in the group buying space in India and neighbouring countries, from a technology, merchant development and marketing perspective," said Mr. Kunal Bahl, CEO, Jasper.

Jasper's SnapDeal.com is India's largest site in the group buying space with a presence in 8 top cities, 40,000+ strong member's community on Facebook and lakhs of users pan India. SnapDeal.com has played a vital role in changing the way people shop through the internet. The e-commerce website has received a tremendous response with over hundreds of merchants on board and thousands of satisfied customers in a short time period.

Grabbon, led by a team of XLRI alumni, has made tremendous headway in strengthening its position as a leader in Bangalore, both from quality of execution and thought leadership in evolving the business model in India. Grabbon joins hands with Jasper to further scale its leadership position in the group buying space in India. The combined companies will be able to harness the collective buying power of the online community in a way that benefits all.

"Our companies share similar values and together, we make natural partners. By joining forces with Jasper, we can benefit from its national reach and leadership position to offer a compelling group buying service to aspiring customers all over India," said Mr.Tony Navin, Managing Partner, Grabbon.

About Jasper

Jasper leads the way in multi-channel direct marketing platforms in India with key industry leaders across Consumer products; Financial services; Consumer durables; Retail; Technology and Telecom industries. Founded by marketing, technology, retail and analytics professionals, the company addresses the need for high-quality, cost-effective customer management for consumer brands. Jasper is led by industry professionals with experiences in companies such as Microsoft, Capital One, Deloitte, Accenture, Future Group, Sodexho and Accor. Jasper is the owner of popular consumer marketing platforms, SnapDeal.com and MoneySaver.

About SnapDeal.com

SnapDeal.com has revolutionized online shopping in India and is India's largest group buying site which features attractive 50-80% off deals at an unbeatable price on the best stuff to do, see, eat, and buy in your city. It provides discount vouchers in all the major cities like Delhi, Mumbai, Chennai, Bangalore, Hyderabad, Pune, Chandigarh and Jaipur. SnapDeal's philosophy is very simple: we treat our customers the way we like to be treated. SnapDeal has been rated as "The Best Group Buying Site" in India by Hindustan Times. SnapDeal.com is a platform owned by Jasper.

About Grabbon

Grabbon is one of the first and most innovative players amongst in the online group buying industry in India. Grabbon has constantly innovated the group buying concept to cater to the Indian market, by introducing novel concepts like part payments, multiple offers, loyalty programs, among others. It is founded by a young dynamic group of individuals, who are XLRI, BITS, Anna University alumni with experiences in companies such as Accenture, Dabur, Minglebox, among others. Grabbon, in a short period of time, became a leading player in this industry, because of its core value proposition to build long term relationships with merchants, which has been highly valued by large chains and leading brands across verticals.


CONTACT DETAILS
Moonmoon Thakuria, Value 360 Communications Private Limited, +91 (11) 46658888/ +91 9971221554, moonmoon@value360india.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, MEDIA, RETAIL, TECHNOLOGY

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