Press release from Business Wire India
Source: IndiaMART
Saturday, October 30, 2010 08:28 PM IST (02:58 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Automotives, Business services, Commodities & materials, Electronic appliances & components, Energy companies, Heavy industries, Information technology, Retailers; Technology
--------------------------------------------------
IndiaMART.com to Represent Indian SMEs in the US
New Delhi, Delhi, India, Saturday, October 30, 2010 -- (Business Wire India) -- - To participate in AAPEX 2010, Las Vegas and Fabtech 2010, Atlanta
- To provide global platform to Indian buyers and suppliers at the two leading international trade shows for 'automotive' and 'metal forming, fabricating and welding' industries respectively
With the United States being seen as a promising market for Indian buyers and suppliers in the automotive and metal forming, fabricating and welding industries, IndiaMART.com, India's largest online B2B marketplace, has decided to participate in two highly acclaimed trade shows namely 'Automotive Aftermarket Products Expo (AAPEX) 2010' and 'Fabtech Expo 2010' scheduled from November 2-4, 2010 in the country. While AAPEX 2010 will be held in Las Vegas; Fabtech Expo will take place in Atlanta, Georgia. Both the premier trade shows will facilitate a first hand knowledge on latest technologies and products alongwith networking amongst the industry professionals and prospective business partners. At these recognised platforms, IndiaMART.com will strive to forge a closer connection between the global buyers and the Indian Small and Medium Enterprises (SMEs) in the respective industries.
Commenting on the same, Mr. Dinesh Agarwal, Founder & CEO, IndiaMART.com, said, "Each participation in a trade show outside India is an attempt to gain global exposure for our SMEs. The aim is to scale up business opportunities for them in key international markets such as the United States of America apart from national. To achieve this, we have decided to participate in AAPEX 2010 and Fabtech Expo."
Introducing the suppliers from the domestic sector to the international buyers, IndiaMART.com will represent a broad spectrum of products manufactured in the country viz. automobile spare parts and accessories including automotive body coach building, body and chassis parts et al as well as metal forming and welding solutions. All the visitors to the IndiaMART.com at AAPEX 2010 (Stall no. 481) and Fabtech Expo (Stall no. 1023 - Hall B) will be handed over sourcing guides that will entail information of the Indian suppliers from these sectors.
Representing the $395 billion global motor vehicle aftermarket, AAPEX, organised by Automotive Aftermarket Industry Association and the Motor and Equipment Manufacturers Association, is the most sought after trade show. More than 100 thousand professionals from around the world participate in Automotive Aftermarket Industry Week. It offers the visitors a chance to connect with key decision makers from different target markets in one place.
Fabtech Expo, an annual event cosponsored by the American Welding Society; the Fabricators and Manufacturers Association, International; the Society of Manufacturing Engineers; the Precision Metalforming Association; and the Chemical Coaters Association International, anticipates 22,000 visitors and over 1,000 exhibiting companies covering more than 350,000 net square feet of floor space.
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 by Mr. Dinesh Agarwal (CEO), the company has a pan-India presence in over 100 cities. With over 2400 employees located across 55 offices in the country, IndiaMART.com offers an extensive range of value- added products and services to its 1 million 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. The Board of Directors at IndiaMART.com comprises of Mr. Deep Kalra, Founder and CEO of Makemytrip.com and Dr. Nachiket Mor, President, ICICI Foundation among others.
For more information, please visit: www.indiamart.com/press-section
CONTACT DETAILS
Pawandeep Kaur,Manager - PR, IndiaMART, +91-120-3911000, pr@indiamart.com
KEYWORDS
CONSUMER, MARKETING, AUTOMOTIVE, BUSINESS SERVICES, COMMODITIES, ELECTRONICS, ENERGY, HEAVY INDUSTRIES, RETAIL, TECHNOLOGY
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Saturday, October 30, 2010
BWI: Sun Pharma Reports Q2 FY2010-11 Financials
Press release from Business Wire India
Source: Sun Pharmaceuticals Industries Ltd
Saturday, October 30, 2010 05:42 PM IST (12:12 PM GMT)
Editors: General: Consumer interest, Economy; Business: Banking & financial services, Business services, Financial Analyst, Healthcare, biotechnology & pharmaceutical, Stock exchanges; Healthcare
--------------------------------------------------
Sun Pharma Reports Q2 FY2010-11 Financials
Sales Rs 1370 crores, Net Profit Rs 504 crores
Mumbai, Maharashtra, India, Saturday, October 30, 2010 -- (Business Wire India) -- Sun Pharmaceutical Industries Ltd. (Reuters: SUN.BO, Bloomberg: SUNP IN, NSE: SUNPHARMA, BSE: 524715) reported financials for the second quarter and first half ending Sep 30, 2010. These consolidated financials also include those for Taro Pharmaceutical Industries Ltd ("Taro") from Sep 21, 2010.
Highlights of Q2 FY11 consolidated financials
. Net sales / income from operations at Rs. 1370 crores, growing 16% over Q2 FY10
. India branded generic sale at Rs 641 crores, registering a growth of 36% over same quarter last year
. Caraco sales at $ 98 million, up 25% from Q2 FY10
. Operating profit at Rs 432 crores, resulting into operating margin of 32 %
. Net profit at Rs. 504 crores.
Highlights of H1 FY11 consolidated financials
. Net sales / income from operations at Rs. 2770 crores, growing 40% over H1 FY10
. India branded generic sale at Rs 1239 crores, registering a growth of 58% over same period last year
. Caraco sales at $ 228 million, up 80% from H1 FY10
. Operating profit at Rs 1008 crores, resulting into operating margin of 36%
. Net profit at Rs. 1068 crores, a growth of 73% over first half FY10.
These results were taken on record by the Board of Directors at a meeting held in Mumbai today.
According to Dilip Shanghvi, Chairman and Managing Director of the Company, "As witnessed in the first six months of this fiscal, our base business continues to progress well in line with our expectations. Pace of product approvals remains good. While the business is set to deliver the expected growth as announced at the beginning of the year, the larger task ahead is revitalizing Taro's business. Even as we handle this and the challenges related to GMP compliance, we expect to emerge as a much stronger company with an expanded product portfolio and a larger international presence."
India formulations - Speciality leadership
Sales of branded prescription formulations in India were at Rs. 641 crores for the second quarter, a growth of 36% over the same quarter last year, and accounting for 46% of total sales. For the first half, domestic formulation sales were at Rs. 1239 crores, a growth of 58 % over the first half of last year. This high growth is partly attributable to the lower base in the same periods of FY10.
Sun Pharma holds 3.7% market share in the highly competitive pharma market, as per latest IMS ORG report. 11 key products were launched during the quarter, taking the total for the first half to 21.
Overall, the company is ranked no. 1 based on share of prescriptions with 5 classes of specialists: psychiatrists, neurologists, cardiologists, ophthalmologists and orthopedics.
US Generics - Expanded presence
Finally this quarter, Taro turned into an indirect subsidiary of Sun Pharma. Taro recently announced its unaudited financials for the Jul-Sep quarter and the nine months from Jan - Sep. Net sales for the Jan-Sep 2010 is at $ 291 million, an increase of 5% over the same period last year. Net profit during this period is at $ 48 million.
Caraco, the other listed subsidiary in US, recently announced its Q2 FY11 sales of $ 97.8 million, up 25% from the same quarter last year. Caraco recorded a net loss of $ 1.5 million for Q2 FY11. For the first half FY11, Caraco reported sales of $ 227.8 million and net loss of $ 0.3 million.
Between Sun Pharma and Caraco ANDAs for 94 products are now approved. In the Jul-Sep quarter, ANDAs for 2 products have been filed by Sun Pharma. With this, in the first half, ANDAs for a total of 6 products have been filed by Sun Pharma and Caraco. During the second quarter, ANDAs for 3 products from Sun Pharma have been approved taking the total approvals to 10 in the first half. Taro brings a pipeline of 150 filings, of which ANDAs for 123 are approved and the balance 27 pending approval. Most of these ANDAs are in the dermatology and pediatric space.
Counting all of these together, ANDAs for 363 products have been filed across Sun Pharma, Caraco and Taro, of which 217 have been approved by the USFDA. Of the balance 146 awaiting approval, 17 have tentative approvals.
Research - Pipelines that feed into a future
Consolidated R&D expense for Q2 FY11 is Rs. 76 crores, or 5.6 % of income from operations. For the first half, the consolidated R&D expense is Rs. 134 crores, or 4.8 % of income from operations.
Strengthening our API pipeline, a cumulative of 198 DMF / CEP applications have been made, with 120 approved so far. This includes a total of 33 applications from Taro, of which 25 are approved. The total number of patent applications submitted for Sun Pharma now stands at 257 with 84 patents granted so far.
Earnings call (10 am IST, Nov 01, 2010)
The Company will host an earnings call at 10 am IST on Nov 01, 2010 where senior management will discuss the Company's performance and answer questions from participants. This call will be accessible through an audio dial-in and a web-cast.
Audio conference Participants can dial-in on the numbers below
Primary number: +91 22 3065 0088
Secondary number: +91 22 6629 0088
Playback of call: +91 22 3065 1212.ID: #786742
Web-cast More details will be provided through our website, www.sunpharma.com
To participate in the audio call, please dial the numbers provided above five to ten minutes ahead of the scheduled start time. The operator will provide instructions on asking questions before the call.
The transcript of the event will be available at www.sunpharma.com. The playback will be available for 10 days.
About Sun Pharma
Established in 1983, listed since 1994 and headquartered in India, Sun Pharma (Reuters: SUN.BO, Bloomberg: SUNP IN, NSE:SUNPHARMA, BSE: 524715) is an international, integrated, speciality pharmaceutical company. It manufactures and markets a large basket of pharmaceutical formulations as branded generics as well as generics in India, US and several other markets across the world. In India, the company is a leader in niche therapy areas of psychiatry, neurology, cardiology, diabetology, gastroenterology, orthopedics and ophthalmology. The company has strong skills in product development, process chemistry, and manufacturing of complex API, as well as dosage forms. More information about the company can be found at www.sunpharma.com.
CONTACT DETAILS
Uday Baldota, Sun Pharmaceuticals Industries Ltd, +91 22 66455645, Xtn 605/ +91 9867010529, uday.baldota@sunpharma.com
Mira Desai, Sun Pharmaceuticals Industries Ltd, +91 22 66455645, Xtn 606/ +91 9821923797, mira.desai@sunpharma.com
KEYWORDS
CONSUMER, ECONOMY, BANKING, BUSINESS SERVICES, Financial Analyst, HEALTHCARE, STOCK EXCHANGES, HEALTHCARE
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: Sun Pharmaceuticals Industries Ltd
Saturday, October 30, 2010 05:42 PM IST (12:12 PM GMT)
Editors: General: Consumer interest, Economy; Business: Banking & financial services, Business services, Financial Analyst, Healthcare, biotechnology & pharmaceutical, Stock exchanges; Healthcare
--------------------------------------------------
Sun Pharma Reports Q2 FY2010-11 Financials
Sales Rs 1370 crores, Net Profit Rs 504 crores
Mumbai, Maharashtra, India, Saturday, October 30, 2010 -- (Business Wire India) -- Sun Pharmaceutical Industries Ltd. (Reuters: SUN.BO, Bloomberg: SUNP IN, NSE: SUNPHARMA, BSE: 524715) reported financials for the second quarter and first half ending Sep 30, 2010. These consolidated financials also include those for Taro Pharmaceutical Industries Ltd ("Taro") from Sep 21, 2010.
Highlights of Q2 FY11 consolidated financials
. Net sales / income from operations at Rs. 1370 crores, growing 16% over Q2 FY10
. India branded generic sale at Rs 641 crores, registering a growth of 36% over same quarter last year
. Caraco sales at $ 98 million, up 25% from Q2 FY10
. Operating profit at Rs 432 crores, resulting into operating margin of 32 %
. Net profit at Rs. 504 crores.
Highlights of H1 FY11 consolidated financials
. Net sales / income from operations at Rs. 2770 crores, growing 40% over H1 FY10
. India branded generic sale at Rs 1239 crores, registering a growth of 58% over same period last year
. Caraco sales at $ 228 million, up 80% from H1 FY10
. Operating profit at Rs 1008 crores, resulting into operating margin of 36%
. Net profit at Rs. 1068 crores, a growth of 73% over first half FY10.
These results were taken on record by the Board of Directors at a meeting held in Mumbai today.
According to Dilip Shanghvi, Chairman and Managing Director of the Company, "As witnessed in the first six months of this fiscal, our base business continues to progress well in line with our expectations. Pace of product approvals remains good. While the business is set to deliver the expected growth as announced at the beginning of the year, the larger task ahead is revitalizing Taro's business. Even as we handle this and the challenges related to GMP compliance, we expect to emerge as a much stronger company with an expanded product portfolio and a larger international presence."
India formulations - Speciality leadership
Sales of branded prescription formulations in India were at Rs. 641 crores for the second quarter, a growth of 36% over the same quarter last year, and accounting for 46% of total sales. For the first half, domestic formulation sales were at Rs. 1239 crores, a growth of 58 % over the first half of last year. This high growth is partly attributable to the lower base in the same periods of FY10.
Sun Pharma holds 3.7% market share in the highly competitive pharma market, as per latest IMS ORG report. 11 key products were launched during the quarter, taking the total for the first half to 21.
Overall, the company is ranked no. 1 based on share of prescriptions with 5 classes of specialists: psychiatrists, neurologists, cardiologists, ophthalmologists and orthopedics.
US Generics - Expanded presence
Finally this quarter, Taro turned into an indirect subsidiary of Sun Pharma. Taro recently announced its unaudited financials for the Jul-Sep quarter and the nine months from Jan - Sep. Net sales for the Jan-Sep 2010 is at $ 291 million, an increase of 5% over the same period last year. Net profit during this period is at $ 48 million.
Caraco, the other listed subsidiary in US, recently announced its Q2 FY11 sales of $ 97.8 million, up 25% from the same quarter last year. Caraco recorded a net loss of $ 1.5 million for Q2 FY11. For the first half FY11, Caraco reported sales of $ 227.8 million and net loss of $ 0.3 million.
Between Sun Pharma and Caraco ANDAs for 94 products are now approved. In the Jul-Sep quarter, ANDAs for 2 products have been filed by Sun Pharma. With this, in the first half, ANDAs for a total of 6 products have been filed by Sun Pharma and Caraco. During the second quarter, ANDAs for 3 products from Sun Pharma have been approved taking the total approvals to 10 in the first half. Taro brings a pipeline of 150 filings, of which ANDAs for 123 are approved and the balance 27 pending approval. Most of these ANDAs are in the dermatology and pediatric space.
Counting all of these together, ANDAs for 363 products have been filed across Sun Pharma, Caraco and Taro, of which 217 have been approved by the USFDA. Of the balance 146 awaiting approval, 17 have tentative approvals.
Research - Pipelines that feed into a future
Consolidated R&D expense for Q2 FY11 is Rs. 76 crores, or 5.6 % of income from operations. For the first half, the consolidated R&D expense is Rs. 134 crores, or 4.8 % of income from operations.
Strengthening our API pipeline, a cumulative of 198 DMF / CEP applications have been made, with 120 approved so far. This includes a total of 33 applications from Taro, of which 25 are approved. The total number of patent applications submitted for Sun Pharma now stands at 257 with 84 patents granted so far.
Earnings call (10 am IST, Nov 01, 2010)
The Company will host an earnings call at 10 am IST on Nov 01, 2010 where senior management will discuss the Company's performance and answer questions from participants. This call will be accessible through an audio dial-in and a web-cast.
Audio conference Participants can dial-in on the numbers below
Primary number: +91 22 3065 0088
Secondary number: +91 22 6629 0088
Playback of call: +91 22 3065 1212.ID: #786742
Web-cast More details will be provided through our website, www.sunpharma.com
To participate in the audio call, please dial the numbers provided above five to ten minutes ahead of the scheduled start time. The operator will provide instructions on asking questions before the call.
The transcript of the event will be available at www.sunpharma.com. The playback will be available for 10 days.
About Sun Pharma
Established in 1983, listed since 1994 and headquartered in India, Sun Pharma (Reuters: SUN.BO, Bloomberg: SUNP IN, NSE:SUNPHARMA, BSE: 524715) is an international, integrated, speciality pharmaceutical company. It manufactures and markets a large basket of pharmaceutical formulations as branded generics as well as generics in India, US and several other markets across the world. In India, the company is a leader in niche therapy areas of psychiatry, neurology, cardiology, diabetology, gastroenterology, orthopedics and ophthalmology. The company has strong skills in product development, process chemistry, and manufacturing of complex API, as well as dosage forms. More information about the company can be found at www.sunpharma.com.
CONTACT DETAILS
Uday Baldota, Sun Pharmaceuticals Industries Ltd, +91 22 66455645, Xtn 605/ +91 9867010529, uday.baldota@sunpharma.com
Mira Desai, Sun Pharmaceuticals Industries Ltd, +91 22 66455645, Xtn 606/ +91 9821923797, mira.desai@sunpharma.com
KEYWORDS
CONSUMER, ECONOMY, BANKING, BUSINESS SERVICES, Financial Analyst, HEALTHCARE, STOCK EXCHANGES, HEALTHCARE
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, October 29, 2010
BWI: TERI Organises the 3rd Environment Educators’ Conference to discuss ‘Participatory Approach of Stakeholders towards Environment Education
Press release from Business Wire India
Source: The Energy and Resources Institute (TERI)
Friday, October 29, 2010 04:40 PM IST (11:10 AM GMT)
Editors: General: Consumer interest, Environment; Business: Business services, Education & training, Energy companies, Financial Analyst, Media & entertainment
--------------------------------------------------
TERI Organises the 3rd Environment Educators' Conference to discuss 'Participatory Approach of Stakeholders towards Environment Education
New Delhi, Delhi, India, Friday, October 29, 2010 -- (Business Wire India) -- Educational methodologies based on participatory approach promote sharing of knowledge, experiences and reflections amongst the learners as well as educators. This has been considered significant for teaching and learning Environment Education. To facilitate and promote Education for Sustainable Development, it is vital to understand and share the perceptions and roles of all stakeholders. Keeping this as the base The Energy and Resources Institute (TERI) organised the Third Environment Educators Conference, a 3-day conference themed "Participatory Approach towards Environment Education: Stakeholder's Perception and Roles".
The three day conference was attended by experts, corporate groups, policy and curriculum developers from across the nation who shared their thoughts and experiences with more than 300 teachers and students at the conference. The valedictory session of the conference was graced by Smt. D Purandeswari, Hon'ble Minister of State for Human Resource Development, Govt of India, Dr RK Pachauri, Director-General TERI, Prof G Ravindra, Director NCERT and Ms Ranjana Saikia, Director EEYS TERI, who gave a larger perspective and an international outlook to the 3-day deliberations at the conference.
Emphasising on the need to build such bridges of learning, Dr. R.K. Pachauri said, "It would be wonderful if teachers go beyond the regular pedagogy and actively involve in developing the school as a sustainable habitat. Climate change is only a symptom of a much larger problem -- unsustainability. Students and teachers need to think about the poorest of the poor who get their daily needs from the ecosystem; they are most vulnerable as climate change will affect them the most. If teachers are empowered then clearly there would be a major multiplier effect in our society. We need to change the way we live and the way we develop our technologies to move towards the path of sustainability. "
Lauding the efforts of TERI in the in playing a major role towards sensitising the youth, and the school fraternity towards issues related environment Smt. D Purandeswari said, "Environment issues and practicing environment education is now becoming an integral part of our school curriculum and this conference by TERI is a larger movement of educators where solutions to the dangers of climate change are discussed and made aware of. Today India needs development fast, but not at a cost that degrades environment and ecology. What is required is inclusive development. Teachers and schools need to be the torchbearers of inclusive development and sensitised children about the fine line between development and environment."
Smt. Purandeswari also released "Charkha- Spinning Green Ideas", a newsletter of the Environment Education and Youth Services division of TERI. The newsletter inspired by the values of Mahatma Gandhi, will strive to instil amongst schools and students, a sense of responsibility towards environment, ecology protection and encourage them to create out-of-the-box solutions to environmental problems.
This year the conference had sessions on how schools can address some of the critical environmental issues by integrating them creatively in their education process. A separate session on 'green curriculum' looked into the aspects of integration of environmental issues into the curriculum at all levels and in all regions of the country. Special group activity sessions were taken up focussing on linking Environment Education to classroom activities through various subjects.
The sessions on 'Environment Education resources' and 'appreciating environment - role of eco clubs' threw light on how various available resources such as print, electronic, etc. and formation of eco clubs has and can have an impact on learners and best practices in utilising these by the teachers. The conference also had a session that addressed the issues of training of educators in Environment Education and how universities could be roped in to further the process after schooling. Experts from the corporate sector had a special session on Environment Education as a Corporate Social Responsibility (CSR) and shared experiences from some of their CSR activities towards Environment Education.
The conference brought together stakeholders from school environs, ranging discussions on the environmental aspects of the processes linked with education. Throughout the event, school educators, guests and speakers will be given ample space and freedom to discuss their concerns, reflect on the issues, and think of innovative and creative ways to meet the goals of 'Education for Sustainable Development'.
The conference in the past years has been endorsed by the Ministry of Human Resource Development, Ministry of Environment and Forests, Department of Environment - Delhi Government, UNESCO, Kendriya Vidyalaya Sangathan, Navodaya Vidyalaya Samiti, GTZ, NCERT and SCERT-Haryana, Tetrapak India Pvt. Ltd, DELL, Hewlett Packard India Pvt Ltd.
The main objectives of the conference were:
-- To provide an interactive platform to the stakeholders in education to discuss the successful pathways for turning their schools green
-- To seek participation of members of the government, academia, and policy makers
-- To present replicable case studies from participants involved in Education for Sustainable Development
-- To find a comprehensive solution to the adverse impacts of unsustainable lifestyle choices on the environment, with appropriate use of available resources and technology.
TERI recognised as RCE (Regional Centre of Expertise) by the UNU (United Nations University) is at the helm of affairs in environment education and awareness. Several of its projects and activities help in enriching the school curriculum to encompass real-world skills to make our students productive and useful members of professional workforce. It also sensitizes children from an early age on environment issues.
About EEA (Environment Education Awareness)
Environment Education and Awareness area at TERI has dedicated itself to the task of creating an informed group of young citizens who will become the leaders of tomorrow and for whom environmental issues will become a part of their daily lives. It has conducted several projects on issues related to water, air, climate change, energy, etc. It develops and disseminates resource material (both print and electronic) for effective communication, besides networking with like-minded institutes, for wider outreach at the national and global platform.
The area targets mainly students and teachers and through them the community. To bring about a spirit of participatory competition for addressing environmental concerns innovative projects and activities are undertaken such as conferences, interactive sessions and discussions. An annual international environmental examination - GREEN Olympiad for middle and senior school students is conducted in association with the Ministry of Environment and Forests, Govt. of India that culminates in the TERRAQUIZ, the first environmental quiz programme for school students on Indian television. School Health and Hygiene programme is being carried out in the government schools of Haryana (Gurgaon, Sonepat and Panipat) and Delhi under the Yamuna Action Plan - II. Workshops, seminars, training programmes and educational field trips on environmental issues are organised for teachers and students at regular intervals.
To know further details about the programme, contact eea@teri.res.in
CONTACT DETAILS
Rajiv Chhibber, The Energy and Resources Institute (TERI), +91 9810426698, rajivc@teri.res.in
KEYWORDS
CONSUMER, ENVIRONMENT, BUSINESS SERVICES, EDUCATION, ENERGY, Financial Analyst, 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: The Energy and Resources Institute (TERI)
Friday, October 29, 2010 04:40 PM IST (11:10 AM GMT)
Editors: General: Consumer interest, Environment; Business: Business services, Education & training, Energy companies, Financial Analyst, Media & entertainment
--------------------------------------------------
TERI Organises the 3rd Environment Educators' Conference to discuss 'Participatory Approach of Stakeholders towards Environment Education
New Delhi, Delhi, India, Friday, October 29, 2010 -- (Business Wire India) -- Educational methodologies based on participatory approach promote sharing of knowledge, experiences and reflections amongst the learners as well as educators. This has been considered significant for teaching and learning Environment Education. To facilitate and promote Education for Sustainable Development, it is vital to understand and share the perceptions and roles of all stakeholders. Keeping this as the base The Energy and Resources Institute (TERI) organised the Third Environment Educators Conference, a 3-day conference themed "Participatory Approach towards Environment Education: Stakeholder's Perception and Roles".
The three day conference was attended by experts, corporate groups, policy and curriculum developers from across the nation who shared their thoughts and experiences with more than 300 teachers and students at the conference. The valedictory session of the conference was graced by Smt. D Purandeswari, Hon'ble Minister of State for Human Resource Development, Govt of India, Dr RK Pachauri, Director-General TERI, Prof G Ravindra, Director NCERT and Ms Ranjana Saikia, Director EEYS TERI, who gave a larger perspective and an international outlook to the 3-day deliberations at the conference.
Emphasising on the need to build such bridges of learning, Dr. R.K. Pachauri said, "It would be wonderful if teachers go beyond the regular pedagogy and actively involve in developing the school as a sustainable habitat. Climate change is only a symptom of a much larger problem -- unsustainability. Students and teachers need to think about the poorest of the poor who get their daily needs from the ecosystem; they are most vulnerable as climate change will affect them the most. If teachers are empowered then clearly there would be a major multiplier effect in our society. We need to change the way we live and the way we develop our technologies to move towards the path of sustainability. "
Lauding the efforts of TERI in the in playing a major role towards sensitising the youth, and the school fraternity towards issues related environment Smt. D Purandeswari said, "Environment issues and practicing environment education is now becoming an integral part of our school curriculum and this conference by TERI is a larger movement of educators where solutions to the dangers of climate change are discussed and made aware of. Today India needs development fast, but not at a cost that degrades environment and ecology. What is required is inclusive development. Teachers and schools need to be the torchbearers of inclusive development and sensitised children about the fine line between development and environment."
Smt. Purandeswari also released "Charkha- Spinning Green Ideas", a newsletter of the Environment Education and Youth Services division of TERI. The newsletter inspired by the values of Mahatma Gandhi, will strive to instil amongst schools and students, a sense of responsibility towards environment, ecology protection and encourage them to create out-of-the-box solutions to environmental problems.
This year the conference had sessions on how schools can address some of the critical environmental issues by integrating them creatively in their education process. A separate session on 'green curriculum' looked into the aspects of integration of environmental issues into the curriculum at all levels and in all regions of the country. Special group activity sessions were taken up focussing on linking Environment Education to classroom activities through various subjects.
The sessions on 'Environment Education resources' and 'appreciating environment - role of eco clubs' threw light on how various available resources such as print, electronic, etc. and formation of eco clubs has and can have an impact on learners and best practices in utilising these by the teachers. The conference also had a session that addressed the issues of training of educators in Environment Education and how universities could be roped in to further the process after schooling. Experts from the corporate sector had a special session on Environment Education as a Corporate Social Responsibility (CSR) and shared experiences from some of their CSR activities towards Environment Education.
The conference brought together stakeholders from school environs, ranging discussions on the environmental aspects of the processes linked with education. Throughout the event, school educators, guests and speakers will be given ample space and freedom to discuss their concerns, reflect on the issues, and think of innovative and creative ways to meet the goals of 'Education for Sustainable Development'.
The conference in the past years has been endorsed by the Ministry of Human Resource Development, Ministry of Environment and Forests, Department of Environment - Delhi Government, UNESCO, Kendriya Vidyalaya Sangathan, Navodaya Vidyalaya Samiti, GTZ, NCERT and SCERT-Haryana, Tetrapak India Pvt. Ltd, DELL, Hewlett Packard India Pvt Ltd.
The main objectives of the conference were:
-- To provide an interactive platform to the stakeholders in education to discuss the successful pathways for turning their schools green
-- To seek participation of members of the government, academia, and policy makers
-- To present replicable case studies from participants involved in Education for Sustainable Development
-- To find a comprehensive solution to the adverse impacts of unsustainable lifestyle choices on the environment, with appropriate use of available resources and technology.
TERI recognised as RCE (Regional Centre of Expertise) by the UNU (United Nations University) is at the helm of affairs in environment education and awareness. Several of its projects and activities help in enriching the school curriculum to encompass real-world skills to make our students productive and useful members of professional workforce. It also sensitizes children from an early age on environment issues.
About EEA (Environment Education Awareness)
Environment Education and Awareness area at TERI has dedicated itself to the task of creating an informed group of young citizens who will become the leaders of tomorrow and for whom environmental issues will become a part of their daily lives. It has conducted several projects on issues related to water, air, climate change, energy, etc. It develops and disseminates resource material (both print and electronic) for effective communication, besides networking with like-minded institutes, for wider outreach at the national and global platform.
The area targets mainly students and teachers and through them the community. To bring about a spirit of participatory competition for addressing environmental concerns innovative projects and activities are undertaken such as conferences, interactive sessions and discussions. An annual international environmental examination - GREEN Olympiad for middle and senior school students is conducted in association with the Ministry of Environment and Forests, Govt. of India that culminates in the TERRAQUIZ, the first environmental quiz programme for school students on Indian television. School Health and Hygiene programme is being carried out in the government schools of Haryana (Gurgaon, Sonepat and Panipat) and Delhi under the Yamuna Action Plan - II. Workshops, seminars, training programmes and educational field trips on environmental issues are organised for teachers and students at regular intervals.
To know further details about the programme, contact eea@teri.res.in
CONTACT DETAILS
Rajiv Chhibber, The Energy and Resources Institute (TERI), +91 9810426698, rajivc@teri.res.in
KEYWORDS
CONSUMER, ENVIRONMENT, BUSINESS SERVICES, EDUCATION, ENERGY, Financial Analyst, MEDIA
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BWI: Clark & Kent Launches Asia Coverage for Global Clients
Press release from Business Wire India
Source: Clark & Kent
Friday, October 29, 2010 04:45 PM IST (11:15 AM GMT)
Editors: General: Consumer interest, People; Business: Accounting & management consultancy services, Advertising, PR & marketing, Banking & financial services, Business services, Heavy industries, Household & personal care products & services, Media & entertainment, Textiles, Transport engineering
--------------------------------------------------
Clark & Kent Launches Asia Coverage for Global Clients
Mumbai, Maharashtra, India, Friday, October 29, 2010 -- (Business Wire India) -- Clark & Kent has been set up as a highly specialized and retained Executive Search & Selection company, helping International clients acquire C-level talent in Emerging Markets, especially CFOs.
Clark & Kent is a "Talent Gateway" for North American companies looking at expanding their horizons in the Asian & African markets. The firm bridges the gap between the local environment and its clients' global talent requirements. Clark & Kent has offices in USA (front office) & India (back office) and will shortly open its Asia coverage office in Hong Kong (mid office).
Mr. Sudarshan Narayan, President & Managing Director Clark & Kent opines, "A buoyant China-India story has increased the levels of interest from global companies to look keenly at either expanding their existing operations here or starting new operations. Clark & Kent is uniquely poised to partner with such companies in finding people with a global business outlook and a keen understanding of local business dynamics"
The key to successful placements by Clark & Kent is based on understanding of the change companies and candidates seek in their "lives", individual aspirations and expectations from each other as against just matching skill sets, experience and expertise to job description. This ensures that the engagement delivers to purpose. Clark & Kent has developed a unique process model to optimize the value to be delivered to its clients. The company has set up a unique Board of Industry experts or advisors, members of who are distinguished luminaries in their respective fields. Depending on the industry, the short listed candidates are interviewed by the relevant members of the Board.
Members of the Clark & Kent Advisory Board are:- Mr. Suresh Vaidya- Textile & Management Consulting, Mr. Subhash Dhavale - Investment Banking and Corporate Finance, Mr. RN Jha - Life Insurance, Mr. C Murali Krishna - Information Technology & Quality, Mr. Sunil Shirole - Corporate & Investment Banking, Mr. Nilesh Bhatt - Global life Sciences M&A, Mr. Hadi El-Assaad -Islamic banking, Mr. Shantanu Surpure - Legal Council for cross border Venture Capital and Private Equity Transactions, Mr. Peter Keep - Financial services, Mr. Rajeev Pandia - Chemicals, Mr. Girish Mehta - Healthcare, Mr. R R Pujari - Strategy and operations, Mr. Gagan Seksaria - Shipping, Ports & Logistics , Mr. P Subramanian - Steel industry.
In a short span, Clark & Kent has partnered with prestigious clients in Asia & Middle East and has placed a significant number of top level candidates. Clark & Kent is sector agnostic but focuses on the CFO and CEO positions. However some industry verticals we have actively covered are Banking (Conventional and Islamic) & Financial Services, Venture Capital & Private Equity, Manufacturing & Engineering, Consumer Durables & FMCG, Textiles, Media & Entertainment, Logistics & Infrastructure.
Clark & Kent leverages its multi-geography "virtual" presence through a global network of "Knowledge Partners", multi-sector experience of the Advisory Board and a unique Global Delivery Center model to bring to its clients customized, end-to-end and personalized service at unbeatable cost.
In addition to Executive recruitment, as and when required, Clark & Kent advises its international clients on local corporate governance & regulatory issues, talent pool assessment & mapping, cultural & business nuances and HR policies & salary structures. Clark & Kent makes it possible for clients to fully integrate their Emerging Markets strategy with the right leadership acquisition & development strategy, thus enabling them to accelerate growth in these regions.
CONTACT DETAILS
Puja Gentle, Aurum Media, +91 9820473457, puja@aurumpr.com
Daisy Katta, Aurum Media, +91 9820724179, daisy@aurumpr.com
KEYWORDS
CONSUMER, PEOPLE, CONSULTANCY SERVICES, MARKETING, BANKING, BUSINESS SERVICES, HEAVY INDUSTRIES, HOUSEHOLD, MEDIA, TEXTILES, TRANSPORT
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: Clark & Kent
Friday, October 29, 2010 04:45 PM IST (11:15 AM GMT)
Editors: General: Consumer interest, People; Business: Accounting & management consultancy services, Advertising, PR & marketing, Banking & financial services, Business services, Heavy industries, Household & personal care products & services, Media & entertainment, Textiles, Transport engineering
--------------------------------------------------
Clark & Kent Launches Asia Coverage for Global Clients
Mumbai, Maharashtra, India, Friday, October 29, 2010 -- (Business Wire India) -- Clark & Kent has been set up as a highly specialized and retained Executive Search & Selection company, helping International clients acquire C-level talent in Emerging Markets, especially CFOs.
Clark & Kent is a "Talent Gateway" for North American companies looking at expanding their horizons in the Asian & African markets. The firm bridges the gap between the local environment and its clients' global talent requirements. Clark & Kent has offices in USA (front office) & India (back office) and will shortly open its Asia coverage office in Hong Kong (mid office).
Mr. Sudarshan Narayan, President & Managing Director Clark & Kent opines, "A buoyant China-India story has increased the levels of interest from global companies to look keenly at either expanding their existing operations here or starting new operations. Clark & Kent is uniquely poised to partner with such companies in finding people with a global business outlook and a keen understanding of local business dynamics"
The key to successful placements by Clark & Kent is based on understanding of the change companies and candidates seek in their "lives", individual aspirations and expectations from each other as against just matching skill sets, experience and expertise to job description. This ensures that the engagement delivers to purpose. Clark & Kent has developed a unique process model to optimize the value to be delivered to its clients. The company has set up a unique Board of Industry experts or advisors, members of who are distinguished luminaries in their respective fields. Depending on the industry, the short listed candidates are interviewed by the relevant members of the Board.
Members of the Clark & Kent Advisory Board are:- Mr. Suresh Vaidya- Textile & Management Consulting, Mr. Subhash Dhavale - Investment Banking and Corporate Finance, Mr. RN Jha - Life Insurance, Mr. C Murali Krishna - Information Technology & Quality, Mr. Sunil Shirole - Corporate & Investment Banking, Mr. Nilesh Bhatt - Global life Sciences M&A, Mr. Hadi El-Assaad -Islamic banking, Mr. Shantanu Surpure - Legal Council for cross border Venture Capital and Private Equity Transactions, Mr. Peter Keep - Financial services, Mr. Rajeev Pandia - Chemicals, Mr. Girish Mehta - Healthcare, Mr. R R Pujari - Strategy and operations, Mr. Gagan Seksaria - Shipping, Ports & Logistics , Mr. P Subramanian - Steel industry.
In a short span, Clark & Kent has partnered with prestigious clients in Asia & Middle East and has placed a significant number of top level candidates. Clark & Kent is sector agnostic but focuses on the CFO and CEO positions. However some industry verticals we have actively covered are Banking (Conventional and Islamic) & Financial Services, Venture Capital & Private Equity, Manufacturing & Engineering, Consumer Durables & FMCG, Textiles, Media & Entertainment, Logistics & Infrastructure.
Clark & Kent leverages its multi-geography "virtual" presence through a global network of "Knowledge Partners", multi-sector experience of the Advisory Board and a unique Global Delivery Center model to bring to its clients customized, end-to-end and personalized service at unbeatable cost.
In addition to Executive recruitment, as and when required, Clark & Kent advises its international clients on local corporate governance & regulatory issues, talent pool assessment & mapping, cultural & business nuances and HR policies & salary structures. Clark & Kent makes it possible for clients to fully integrate their Emerging Markets strategy with the right leadership acquisition & development strategy, thus enabling them to accelerate growth in these regions.
CONTACT DETAILS
Puja Gentle, Aurum Media, +91 9820473457, puja@aurumpr.com
Daisy Katta, Aurum Media, +91 9820724179, daisy@aurumpr.com
KEYWORDS
CONSUMER, PEOPLE, CONSULTANCY SERVICES, MARKETING, BANKING, BUSINESS SERVICES, HEAVY INDUSTRIES, HOUSEHOLD, MEDIA, TEXTILES, TRANSPORT
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: Cisco WebEx Showcases Webinars as the Emerging Marketing Tool
Press release from Business Wire India
Source: Cisco WebEx
Friday, October 29, 2010 04:33 PM IST (11:03 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Education & training, Information technology, Media & entertainment; Technology
--------------------------------------------------
Cisco WebEx Showcases Webinars as the Emerging Marketing Tool
Bangalore, Karnataka, India, Friday, October 29, 2010 -- (Business Wire India) -- A marketer's skills are constantly tested in his bid to cut through the clutter to reach his potential customer. Attention spans barely last a few seconds so holding you audience captive is a necessity. Imagine if a marketer could demonstrate to and interact with thousands of prospective customers at the same time without anyone having to leave their offices and homes, and with only a fraction of travel and event cost involved.
With technological advancements and rampant Internet penetration this is now possible - with "webinars". Simply put, a webinar is a one-to-many presentation, using audio and video. It makes it possible to reach people otherwise impossible to reach through face-to-face events.
"Marketing Webinars are an effective tool for high-impact communication. The presentation opportunity is limitless as webinars support content in all formats - audio, video and multimedia graphics. Most times they are designed to attract prospective customers (even 'suspects') to a web-seminar with the ultimate goal of generating positive leads and sale conversions" says Kiran Datar, Director - Operations (APAC), Cisco Systems Pvt Ltd.
Webinars should not be confused with infomercials. Webinars can transcend just selling and be educative in nature with information-rich content. They can address the top-of-the-mind issues of the target audience.
Apart from sales orientation, marketing webinars can also be effectively used for positioning in new markets or repositioning, focus group discussions, training, data-base building, testing new product ideas or new marketing strategies and for even recruiting channel partners.
As webinars also allow audience interaction, a marketer can gain consumer insights on important aspects relating to product/s, category, company or industry. Conducting a poll before, during or after a session can give valuable customer feedback. This is one prime advantage that sets webinars apart from Internet advertising and television infomercials. Webinars can also be archived and made available to customers for future reference.
They also help reduce huge marketing costs like traveling expenses, venue rentals, and event costs with the added advantage of no logistical worries. Marketers may have to pay per seat as a webinar uses a collaboration service or a vendor service such as WebEx or MS Live Meeting.
Marketing webinars can be fruitfully used in any instance where a company has to make a public presentation, the audience number may be varying from 2 to a 1000. Consider these examples where:
- Sales presentation to prospects located in different areas can be made at the same time.
- Product demonstration and consumer feedback
- Training sessions - maybe for the field force or workshops for consumers.
- Presentations to potential investors
- Address similar issues for clients located across geographical boundaries.
No marketing webinar is an end unto itself. Rather they are the means towards an end - an end, which has to be decided in advance. They should be woven in the overall marketing strategy and plan. From the right scheduling, the right content, the right promotion and proper leveraging of the event itself - a lot of planning is required for a successful webinar.
And its time has truly come - world over companies are reaping its benefits.
CONTACT DETAILS
Karthy Prasanna J, Brand-comm, +91 9686260350, Karthy@brand-comm.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, EDUCATION, 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: Cisco WebEx
Friday, October 29, 2010 04:33 PM IST (11:03 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Education & training, Information technology, Media & entertainment; Technology
--------------------------------------------------
Cisco WebEx Showcases Webinars as the Emerging Marketing Tool
Bangalore, Karnataka, India, Friday, October 29, 2010 -- (Business Wire India) -- A marketer's skills are constantly tested in his bid to cut through the clutter to reach his potential customer. Attention spans barely last a few seconds so holding you audience captive is a necessity. Imagine if a marketer could demonstrate to and interact with thousands of prospective customers at the same time without anyone having to leave their offices and homes, and with only a fraction of travel and event cost involved.
With technological advancements and rampant Internet penetration this is now possible - with "webinars". Simply put, a webinar is a one-to-many presentation, using audio and video. It makes it possible to reach people otherwise impossible to reach through face-to-face events.
"Marketing Webinars are an effective tool for high-impact communication. The presentation opportunity is limitless as webinars support content in all formats - audio, video and multimedia graphics. Most times they are designed to attract prospective customers (even 'suspects') to a web-seminar with the ultimate goal of generating positive leads and sale conversions" says Kiran Datar, Director - Operations (APAC), Cisco Systems Pvt Ltd.
Webinars should not be confused with infomercials. Webinars can transcend just selling and be educative in nature with information-rich content. They can address the top-of-the-mind issues of the target audience.
Apart from sales orientation, marketing webinars can also be effectively used for positioning in new markets or repositioning, focus group discussions, training, data-base building, testing new product ideas or new marketing strategies and for even recruiting channel partners.
As webinars also allow audience interaction, a marketer can gain consumer insights on important aspects relating to product/s, category, company or industry. Conducting a poll before, during or after a session can give valuable customer feedback. This is one prime advantage that sets webinars apart from Internet advertising and television infomercials. Webinars can also be archived and made available to customers for future reference.
They also help reduce huge marketing costs like traveling expenses, venue rentals, and event costs with the added advantage of no logistical worries. Marketers may have to pay per seat as a webinar uses a collaboration service or a vendor service such as WebEx or MS Live Meeting.
Marketing webinars can be fruitfully used in any instance where a company has to make a public presentation, the audience number may be varying from 2 to a 1000. Consider these examples where:
- Sales presentation to prospects located in different areas can be made at the same time.
- Product demonstration and consumer feedback
- Training sessions - maybe for the field force or workshops for consumers.
- Presentations to potential investors
- Address similar issues for clients located across geographical boundaries.
No marketing webinar is an end unto itself. Rather they are the means towards an end - an end, which has to be decided in advance. They should be woven in the overall marketing strategy and plan. From the right scheduling, the right content, the right promotion and proper leveraging of the event itself - a lot of planning is required for a successful webinar.
And its time has truly come - world over companies are reaping its benefits.
CONTACT DETAILS
Karthy Prasanna J, Brand-comm, +91 9686260350, Karthy@brand-comm.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, EDUCATION, 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: Wipro Secures Major IT Services Contract with Electricity North West Limited
Press release from Business Wire India
Source: WIPRO
Friday, October 29, 2010 04:00 PM IST (10:30 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Energy companies, Information technology; Technology
--------------------------------------------------
Wipro Secures Major IT Services Contract with Electricity North West Limited
Bangalore, Karnataka, India, Friday, October 29, 2010 -- (Business Wire India) -- Wipro Technologies the global Consulting, System Integration and Outsourcing business of Wipro Limited (NYSE:WIT), today announced that it has entered into a 5 year strategic partnership with Electricity North West Limited to deliver end to end service transition and transformational services to maintain their IT systems through a managed service framework. This collaboration will achieve the critical task of separation of IT operations from Electricity North West's current service arrangement. Electricity North West owns operates and maintains the electricity distribution network throughout the North West of England.
Wipro will set-up new data Centres and configure virtualized and high availability infrastructure, migrate and upgrade, where necessary, all applications supporting the Electricity North West business. Wipro will also leverage its global remote infrastructure management to provide a fully managed IT Services based on the ITIL v3 Service Integration model.
Andy Funnell, CIO, Electricity North West said "We believe Wipro's demonstration of a strong industry competency, a mature global delivery model, alignment with our near-term and long-term objectives and a compelling value proposition made Wipro the supplier of our choice to enable IT separation and support our business strategy over a 5 year horizon."
Anand Padmanabhan, Senior VP and Head - Energy & Utilities, Wipro Technologies said "We are privileged to partner with Electricity North West on their strategic journey of IT separation. This opportunity extends our footprint in the UK Energy and Utilities industry and positions us as a partner of choice on engagements involving Transformation and end-to-end Managed Services.This deal underscores Wipro's leadership position in the Energy and Utilities space in the UK market.
About Wipro
Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application management, and datacenter managed services to corporations globally.In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India, offering system integration, network integration, software solutions and IT services.
Wipro also has a strong presence in niche market segments of consumer products and lighting. In the Asia-Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADS' are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange.
For more information, please visit our website at www.wipro.com
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from t1ime 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. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
Media Contacts:
Wipro Technologies
India:
Harshita Nair
Wipro Technologies
+91- 8971132000
harshita.nair@wipro.com
Satarupa Bhattacharya
Gutenberg Communications
+91 9886033437
satarupa@gutenbergpr.com
US:
Eric Belove
Wipro Technologies
+ 1 (732).216.6242
eric.belove@wipro.com
Lavanya DJ
Gutenberg Communications
+1 (212).239.8740
lavanya@gutenbergpr.com
UK:
Rahul Kadavakolu
Wipro Technologies
+44 792 020 5496
rahul.kadavakolu@wipro.com
Shalini Siromani
Gutenberg Communications
+44.79.6066.3200
shalini@gutenbergpr.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, ENERGY, 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: WIPRO
Friday, October 29, 2010 04:00 PM IST (10:30 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Energy companies, Information technology; Technology
--------------------------------------------------
Wipro Secures Major IT Services Contract with Electricity North West Limited
Bangalore, Karnataka, India, Friday, October 29, 2010 -- (Business Wire India) -- Wipro Technologies the global Consulting, System Integration and Outsourcing business of Wipro Limited (NYSE:WIT), today announced that it has entered into a 5 year strategic partnership with Electricity North West Limited to deliver end to end service transition and transformational services to maintain their IT systems through a managed service framework. This collaboration will achieve the critical task of separation of IT operations from Electricity North West's current service arrangement. Electricity North West owns operates and maintains the electricity distribution network throughout the North West of England.
Wipro will set-up new data Centres and configure virtualized and high availability infrastructure, migrate and upgrade, where necessary, all applications supporting the Electricity North West business. Wipro will also leverage its global remote infrastructure management to provide a fully managed IT Services based on the ITIL v3 Service Integration model.
Andy Funnell, CIO, Electricity North West said "We believe Wipro's demonstration of a strong industry competency, a mature global delivery model, alignment with our near-term and long-term objectives and a compelling value proposition made Wipro the supplier of our choice to enable IT separation and support our business strategy over a 5 year horizon."
Anand Padmanabhan, Senior VP and Head - Energy & Utilities, Wipro Technologies said "We are privileged to partner with Electricity North West on their strategic journey of IT separation. This opportunity extends our footprint in the UK Energy and Utilities industry and positions us as a partner of choice on engagements involving Transformation and end-to-end Managed Services.This deal underscores Wipro's leadership position in the Energy and Utilities space in the UK market.
About Wipro
Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application management, and datacenter managed services to corporations globally.In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India, offering system integration, network integration, software solutions and IT services.
Wipro also has a strong presence in niche market segments of consumer products and lighting. In the Asia-Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADS' are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange.
For more information, please visit our website at www.wipro.com
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from t1ime 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. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
Media Contacts:
Wipro Technologies
India:
Harshita Nair
Wipro Technologies
+91- 8971132000
harshita.nair@wipro.com
Satarupa Bhattacharya
Gutenberg Communications
+91 9886033437
satarupa@gutenbergpr.com
US:
Eric Belove
Wipro Technologies
+ 1 (732).216.6242
eric.belove@wipro.com
Lavanya DJ
Gutenberg Communications
+1 (212).239.8740
lavanya@gutenbergpr.com
UK:
Rahul Kadavakolu
Wipro Technologies
+44 792 020 5496
rahul.kadavakolu@wipro.com
Shalini Siromani
Gutenberg Communications
+44.79.6066.3200
shalini@gutenbergpr.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, ENERGY, 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: Canon Forays in Retail Domain with ‘Canon Image Square’
Press release from Business Wire India
Source: Canon
Friday, October 29, 2010 03:40 PM IST (10:10 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment, Retailers; Technology
--------------------------------------------------
Canon Forays in Retail Domain with 'Canon Image Square'
Noida, Uttar Pradesh, India, Friday, October 29, 2010 -- (Business Wire India) -- . Sets up exclusive specialty brand store for consumer digital imaging range
. Plans 300 stores across 150 cities in 3 years
. Bases new approach on exclusive franchisee model
. Announces a new division called the Brand Retail Business division
Canon India Pvt. Limited, India's No 1. Complete Digital Imaging Company today announced its foray into the retail space with the launch of its exclusive brand retail store called "Canon Image Square". The first store in the country, located in The Great India Place Mall, Noida, NCR region of New Delhi was inaugurated by ace cricketer and Canon Brand Ambassador, Sachin Tendulkar. The retail store covers an area of approximately 1450 sq. ft. and is based on the franchise model. It is a one stop destination for people with imaging needs, enabling increased visibility and reach across the country with an objective to boost sales.
Canon, in India, plans to inaugurate five such stores by December 2010, followed by 95 retail stores in 2011, 100 in the year 2012 and another 100 stores in 2013 taking the count to 300 stores in the next 3 years. The first year would see the launch of three stores in Delhi-NCR followed by one store in Nasik and one store in Bangalore. The company plans to establish about 100 stores across 6 metro cities and 200 stores in 150 Tier II and III cities, eventually. With this plan, Canon India would deepen foothold in 150 cities in the coming three years. The stores enforces Canon's increased focus on penetration across the country including major metros and tier II & tier III markets to enhance the brand awareness and increase sales. The area covered by each outlet would vary from a minimum of 800 sq. ft to a maximum of 1300 sq. ft.
Speaking on the occasion Mr. Kensaku Konishi, President & CEO, Canon India said, "The customer of today is well informed and educated, and we are constantly evolving at providing them with the correct choices by understanding their needs. The Indian customer is demanding better products, higher lifestyle quotient, good quality selling interface and state-of-art after sales service of international standards. The store will offer solutions for customers seeking high end photography and printing solutions where both click and print products from Canon will be available. The first retail store launched today, aims at providing our customers with a one-stop shop for their digital needs that will result in satisfied and stronger customer base, thus helping our business substantially. We have had record growth of 50% in 2010 and expect to close the year at Rs. 1260 cr. In three years, the new Brand Retail Business Division will contribute 20% of our revenues."
Understanding the evolving consumer needs, Canon India has introduced a new division called the Brand Retail Business division. The division would be responsible for creating a network of franchisees and to maintain harmonious, consistent and contemporary look and feel in all stores. At present, the division has about 12 people. The retail outlets would have trained personnel to facilitate the buying experience of every customer. The stores would have a point of sales IT system in place to capture all data on sales.
The outlet, a unique concept by Canon, showcases a wide range of consumer products that includes cameras, camcorders, photo printers, D-SLR's and lenses, inkjet printers, entry level laser printers, consumables and accessories. Each store has over 80 SKU's on display. The wide display of products allows the customer to enjoy a rich technological experience with an environment to make a purchase. A customer can touch, feel and understand all about a product and then make an informed purchase.
Speaking on the occasion Mr. Alok Bharadwaj, Senior Vice President, Canon India said, "It is a moment of pride for us at Canon to launch our first store designed on international appeal called 'Canon Image Square'. The store would not only help us boost sales but also enable us to educate the masses about Canon's revolutionary technologies. This is a unique concept that would help Brand Canon enjoy greater visibility and get closer to our customers, at large. From the stores exclusively, the company is expecting revenues of Rs 100 crore in the first year, followed by revenues of Rs 300 crore in the second year and a revenue of Rs 600 crore in the third year. "
"The company is planning to make an investment of about Rs 50 lakh per store and an investment of Rs 150 crore in the next three years towards the remaining stores. The company expects estimated revenues of Rs 30 lakh, per store, every month from Canon retail stores," he further added.
Speaking on the occasion Indian batting maestro Sachin Tendulkar said, "Brand Canon is synonymous with reliability, durability and commitment. With the launch of the store today, I am confident that the brand will move closer to the people of the country as these stores will not only sell Canon products but will also educate all customers about the wide range of Canon products. Canon has brought fun to my own life and there is no vacation without my Canon. In fact, these days I am planning to graduate to use the D-SLR and explore the magical world of photography."
Canon also announced during the conference that it has crossed the landmark of ` 1000 cr turnover today with 2 more months to go in 2010 and felicitated Master Blaster Sachin Tendulkar with an EOS 60D to signify the first product of the next ` 1000 cr lap in its chase for growth.
About Canon Inc
The parent company Canon Inc. is a global leader with total revenue of about US$ 34 billion in 2009, in photographic and digital imaging solutions. Its global network now includes 240 companies, employing some more than 170,000 people. It is dedicated to the advancement in technology and innovation and commits about 10% of its total revenue each year to R&D. Canon is consistently one of the top three companies to earn the most number of patents over the last 16 years. Canon is ranked 33rd on the Best Global Brands for the second consecutive year in Business Week's 100 Best Global Brands and amongst top 200 on the Fortune Global 500 in year 2009. As a Fortune Global 500 company, Canon is guided by its Kyosei philosophy that focuses on living and working together for the common good. For more information, please visit www.canon.co.in
Canon in India
Canon India closed H1 2010 revenues with 56% growth and is set to touch Rs 1260 Crores during calendar year 2010 which will be a 50% growth over 2009. Revenues in 2009 was Rs. 840 Crores, a 27% growth over 2008. Canon focuses on multiple market segments of consumer, B2B, Govt & Commercial.
Canon's product portfolio extends over a vast variety of photocopiers, multi-functional peripherals, fax-machines, printers, scanners, All-in-ones, digital cameras, camcorders and multi media projectors, cable id printers, semi conductors and card printers.
Canon India Pvt. Ltd. is a 100% subsidiary of Canon Singapore Pte. Ltd.,a world leader in imaging technologies. Set up in 1997, Canon India markets over 140 comprehensive range of sophisticated contemporary digital imaging. The company today has offices in 7 cities, warehouses in 13 cities across India and employs over 800 people. Canon has over 380 primary channel partners 13 National Retail Chain partners, over 4000 secondary retail points including 270 National Retail Chain store partners & 33 Canon Care Centers. Canon products are available in over 400 towns in India.
CONTACT DETAILS
Divya Khurana, 20:20 MEDIA, +91 9810134892, divyakhurana@2020india.com
Nikita, 20:20 MEDIA, +91 9167443578, nikita@2020india.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, MEDIA, RETAIL, 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: Canon
Friday, October 29, 2010 03:40 PM IST (10:10 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment, Retailers; Technology
--------------------------------------------------
Canon Forays in Retail Domain with 'Canon Image Square'
Noida, Uttar Pradesh, India, Friday, October 29, 2010 -- (Business Wire India) -- . Sets up exclusive specialty brand store for consumer digital imaging range
. Plans 300 stores across 150 cities in 3 years
. Bases new approach on exclusive franchisee model
. Announces a new division called the Brand Retail Business division
Canon India Pvt. Limited, India's No 1. Complete Digital Imaging Company today announced its foray into the retail space with the launch of its exclusive brand retail store called "Canon Image Square". The first store in the country, located in The Great India Place Mall, Noida, NCR region of New Delhi was inaugurated by ace cricketer and Canon Brand Ambassador, Sachin Tendulkar. The retail store covers an area of approximately 1450 sq. ft. and is based on the franchise model. It is a one stop destination for people with imaging needs, enabling increased visibility and reach across the country with an objective to boost sales.
Canon, in India, plans to inaugurate five such stores by December 2010, followed by 95 retail stores in 2011, 100 in the year 2012 and another 100 stores in 2013 taking the count to 300 stores in the next 3 years. The first year would see the launch of three stores in Delhi-NCR followed by one store in Nasik and one store in Bangalore. The company plans to establish about 100 stores across 6 metro cities and 200 stores in 150 Tier II and III cities, eventually. With this plan, Canon India would deepen foothold in 150 cities in the coming three years. The stores enforces Canon's increased focus on penetration across the country including major metros and tier II & tier III markets to enhance the brand awareness and increase sales. The area covered by each outlet would vary from a minimum of 800 sq. ft to a maximum of 1300 sq. ft.
Speaking on the occasion Mr. Kensaku Konishi, President & CEO, Canon India said, "The customer of today is well informed and educated, and we are constantly evolving at providing them with the correct choices by understanding their needs. The Indian customer is demanding better products, higher lifestyle quotient, good quality selling interface and state-of-art after sales service of international standards. The store will offer solutions for customers seeking high end photography and printing solutions where both click and print products from Canon will be available. The first retail store launched today, aims at providing our customers with a one-stop shop for their digital needs that will result in satisfied and stronger customer base, thus helping our business substantially. We have had record growth of 50% in 2010 and expect to close the year at Rs. 1260 cr. In three years, the new Brand Retail Business Division will contribute 20% of our revenues."
Understanding the evolving consumer needs, Canon India has introduced a new division called the Brand Retail Business division. The division would be responsible for creating a network of franchisees and to maintain harmonious, consistent and contemporary look and feel in all stores. At present, the division has about 12 people. The retail outlets would have trained personnel to facilitate the buying experience of every customer. The stores would have a point of sales IT system in place to capture all data on sales.
The outlet, a unique concept by Canon, showcases a wide range of consumer products that includes cameras, camcorders, photo printers, D-SLR's and lenses, inkjet printers, entry level laser printers, consumables and accessories. Each store has over 80 SKU's on display. The wide display of products allows the customer to enjoy a rich technological experience with an environment to make a purchase. A customer can touch, feel and understand all about a product and then make an informed purchase.
Speaking on the occasion Mr. Alok Bharadwaj, Senior Vice President, Canon India said, "It is a moment of pride for us at Canon to launch our first store designed on international appeal called 'Canon Image Square'. The store would not only help us boost sales but also enable us to educate the masses about Canon's revolutionary technologies. This is a unique concept that would help Brand Canon enjoy greater visibility and get closer to our customers, at large. From the stores exclusively, the company is expecting revenues of Rs 100 crore in the first year, followed by revenues of Rs 300 crore in the second year and a revenue of Rs 600 crore in the third year. "
"The company is planning to make an investment of about Rs 50 lakh per store and an investment of Rs 150 crore in the next three years towards the remaining stores. The company expects estimated revenues of Rs 30 lakh, per store, every month from Canon retail stores," he further added.
Speaking on the occasion Indian batting maestro Sachin Tendulkar said, "Brand Canon is synonymous with reliability, durability and commitment. With the launch of the store today, I am confident that the brand will move closer to the people of the country as these stores will not only sell Canon products but will also educate all customers about the wide range of Canon products. Canon has brought fun to my own life and there is no vacation without my Canon. In fact, these days I am planning to graduate to use the D-SLR and explore the magical world of photography."
Canon also announced during the conference that it has crossed the landmark of ` 1000 cr turnover today with 2 more months to go in 2010 and felicitated Master Blaster Sachin Tendulkar with an EOS 60D to signify the first product of the next ` 1000 cr lap in its chase for growth.
About Canon Inc
The parent company Canon Inc. is a global leader with total revenue of about US$ 34 billion in 2009, in photographic and digital imaging solutions. Its global network now includes 240 companies, employing some more than 170,000 people. It is dedicated to the advancement in technology and innovation and commits about 10% of its total revenue each year to R&D. Canon is consistently one of the top three companies to earn the most number of patents over the last 16 years. Canon is ranked 33rd on the Best Global Brands for the second consecutive year in Business Week's 100 Best Global Brands and amongst top 200 on the Fortune Global 500 in year 2009. As a Fortune Global 500 company, Canon is guided by its Kyosei philosophy that focuses on living and working together for the common good. For more information, please visit www.canon.co.in
Canon in India
Canon India closed H1 2010 revenues with 56% growth and is set to touch Rs 1260 Crores during calendar year 2010 which will be a 50% growth over 2009. Revenues in 2009 was Rs. 840 Crores, a 27% growth over 2008. Canon focuses on multiple market segments of consumer, B2B, Govt & Commercial.
Canon's product portfolio extends over a vast variety of photocopiers, multi-functional peripherals, fax-machines, printers, scanners, All-in-ones, digital cameras, camcorders and multi media projectors, cable id printers, semi conductors and card printers.
Canon India Pvt. Ltd. is a 100% subsidiary of Canon Singapore Pte. Ltd.,a world leader in imaging technologies. Set up in 1997, Canon India markets over 140 comprehensive range of sophisticated contemporary digital imaging. The company today has offices in 7 cities, warehouses in 13 cities across India and employs over 800 people. Canon has over 380 primary channel partners 13 National Retail Chain partners, over 4000 secondary retail points including 270 National Retail Chain store partners & 33 Canon Care Centers. Canon products are available in over 400 towns in India.
CONTACT DETAILS
Divya Khurana, 20:20 MEDIA, +91 9810134892, divyakhurana@2020india.com
Nikita, 20:20 MEDIA, +91 9167443578, nikita@2020india.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, MEDIA, RETAIL, 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: Evaluators across the Region Call for a National Evaluation Policy
Press release from Business Wire India
Source: The Evaluation Conclave 2010
Friday, October 29, 2010 03:28 PM IST (09:58 AM GMT)
Editors: General: Economy, Environment; Business: Education & training, Media & entertainment; Healthcare
--------------------------------------------------
Evaluators across the Region Call for a National Evaluation Policy
New Delhi, Delhi, India, Friday, October 29, 2010 -- (Business Wire India) -- The 5-day South-Asian Evaluation Conclave on "Making Evaluations Matter" held in the capital, concluded today with the assembled evaluators re-emphasizing the need for National Policy on Evaluation and its proper implementation. Although more than 90% of India's development expenditure is funded by the State, most of the efforts at strengthening evaluation practices are from the non-State group. The Programme Evaluation Unit (PEO) was established by the Planning Commission in October 1952, it has produced only 212 evaluation reports since its establishment until today. Government seems to be doing little to institutionalize evaluation, and there is an urgent need to have National Evaluation Policy that makes evaluations a part of each development programme so that there is a constant process of review and assessment and learning that comes out of evaluations so that programmes are adapted accordingly.
The 5-day Conclave was a combination of keynote panels, training, workshops and paper presentations. It brought around 300 evaluators from over 10 countries in the region together to discuss and learn. The status of evaluations in the different South Asian countries was discussed. There was a common agreement among the participants that as there is a tremendous need to do more evaluations, there is also a need to encourage that the findings of evaluations are shared widely, discussed and finally incorporated in designing and implementing programs.
About the Organizers
The Evaluation Conclave has been conceptualized by the South Asian Community of Evaluators (COE) and the International Development Research Centre, Canada. The COE is a group of practitioners from South Asia working together for strengthening the field of evaluation in South Asia. The Association for Stimulating Knowledge (ASK) and Sambodhi Research & Communications both COE members, have volunteered to jointly coordinate the event with International Development Research Centre, Canada as a strategic partner. The Institute of Applied Manpower Research, a Planning Commission organisation is also one of the joint organizers.
Further information regarding the conclave can be found at www.evaluationconclave.org. Regular updates will be posted on the conclave blog at http://evaluationconclave.org/liveblog.php. You can also keep yourself updated on Facebook http://www.facebook.com/?ref=home#!/pages/The-Evaluation-conclave-2010/332268197214 or twitter http://twitter.com/#!/search/evaluationtalks.
Funders
The Evaluation Conclave is being organized through the generous funding support of the following organizations.
The International Development Research Centre, Canada ,The Rockefeller Foundation, The David and Lucile Packard Foundation, UNIFEM, 3ie (International Initiative for Impact Evaluation), UNICEF, The Active Learning Network for Accountability and Performance in Humanitarian Action
Partners
The partners for the conclave are PACT, International Organization for Cooperation in Evaluation and The Sri Lanka Evaluation Association.
CONTACT DETAILS
Madhavi Kochar, 20:20 Media, +91 9810788188, madhavi@2020india.com
Nishant Shukla, 20:20 Media, +91 9811515535, nishant.shukla@2020india.com
Chetna Sachdeva, 20:20 Media, +91 8800598786, chetna@2020india.com
Rebika Laishram, Sambodhi Research & Communications, +91 9711512408
KEYWORDS
ECONOMY, ENVIRONMENT, EDUCATION, MEDIA, HEALTHCARE
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: The Evaluation Conclave 2010
Friday, October 29, 2010 03:28 PM IST (09:58 AM GMT)
Editors: General: Economy, Environment; Business: Education & training, Media & entertainment; Healthcare
--------------------------------------------------
Evaluators across the Region Call for a National Evaluation Policy
New Delhi, Delhi, India, Friday, October 29, 2010 -- (Business Wire India) -- The 5-day South-Asian Evaluation Conclave on "Making Evaluations Matter" held in the capital, concluded today with the assembled evaluators re-emphasizing the need for National Policy on Evaluation and its proper implementation. Although more than 90% of India's development expenditure is funded by the State, most of the efforts at strengthening evaluation practices are from the non-State group. The Programme Evaluation Unit (PEO) was established by the Planning Commission in October 1952, it has produced only 212 evaluation reports since its establishment until today. Government seems to be doing little to institutionalize evaluation, and there is an urgent need to have National Evaluation Policy that makes evaluations a part of each development programme so that there is a constant process of review and assessment and learning that comes out of evaluations so that programmes are adapted accordingly.
The 5-day Conclave was a combination of keynote panels, training, workshops and paper presentations. It brought around 300 evaluators from over 10 countries in the region together to discuss and learn. The status of evaluations in the different South Asian countries was discussed. There was a common agreement among the participants that as there is a tremendous need to do more evaluations, there is also a need to encourage that the findings of evaluations are shared widely, discussed and finally incorporated in designing and implementing programs.
About the Organizers
The Evaluation Conclave has been conceptualized by the South Asian Community of Evaluators (COE) and the International Development Research Centre, Canada. The COE is a group of practitioners from South Asia working together for strengthening the field of evaluation in South Asia. The Association for Stimulating Knowledge (ASK) and Sambodhi Research & Communications both COE members, have volunteered to jointly coordinate the event with International Development Research Centre, Canada as a strategic partner. The Institute of Applied Manpower Research, a Planning Commission organisation is also one of the joint organizers.
Further information regarding the conclave can be found at www.evaluationconclave.org. Regular updates will be posted on the conclave blog at http://evaluationconclave.org/liveblog.php. You can also keep yourself updated on Facebook http://www.facebook.com/?ref=home#!/pages/The-Evaluation-conclave-2010/332268197214 or twitter http://twitter.com/#!/search/evaluationtalks.
Funders
The Evaluation Conclave is being organized through the generous funding support of the following organizations.
The International Development Research Centre, Canada ,The Rockefeller Foundation, The David and Lucile Packard Foundation, UNIFEM, 3ie (International Initiative for Impact Evaluation), UNICEF, The Active Learning Network for Accountability and Performance in Humanitarian Action
Partners
The partners for the conclave are PACT, International Organization for Cooperation in Evaluation and The Sri Lanka Evaluation Association.
CONTACT DETAILS
Madhavi Kochar, 20:20 Media, +91 9810788188, madhavi@2020india.com
Nishant Shukla, 20:20 Media, +91 9811515535, nishant.shukla@2020india.com
Chetna Sachdeva, 20:20 Media, +91 8800598786, chetna@2020india.com
Rebika Laishram, Sambodhi Research & Communications, +91 9711512408
KEYWORDS
ECONOMY, ENVIRONMENT, EDUCATION, MEDIA, HEALTHCARE
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: CCCL Reports 8.48% Growth in Turnover in Q2
Press release from Business Wire India
Source: Consolidated Construction Consortium Ltd
Friday, October 29, 2010 03:09 PM IST (09:39 AM GMT)
Editors: General: Consumer interest, Economy; Business: Banking & financial services, Business services, Construction, Financial Analyst, Real estate, Stock exchanges
--------------------------------------------------
CCCL Reports 8.48% Growth in Turnover in Q2
Chennai, Tamil Nadu, India, Friday, October 29, 2010 -- (Business Wire India) -- Consolidated Construction Consortium Ltd. (CCCL) (BOM:532902), an integrated construction services provider having projects in the industrial, commercial, residential, and infrastructure space has announced its Q2 results for FY 2010-2011.
For the quarter ended 30.09.10, the total revenue, on a standalone basis stood at 489.52 crores and Profit after Tax (PAT) at 13.73 crores. Interest cost and unprecedented rainfall in many parts of the country affected the performance during the quarter.
Mr. Sarabeswar, Chairman & CEO, CCCL Ltd. said, "With an order backlog of Rs. 4490 crores as at 30th Sept. 2010, we expect to grow steadily in the coming months. The macro economic conditions although sustain the growth, the increasing interest rates and climatic conditions should be favourable in the ensuing quarter.
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.18.41 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 Unaudited Financial Results, please click on the links given below:
Unaudited Financial Results
Press Release with tables
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Published_Results.pdf
Published_Results.pdf
http://www.BusinessWireIndia.com/attachments/Press_Release(37).doc
Press_Release(37).doc
CONTACT DETAILS
Mr. T.R. Seetharaman, CFO, Consolidated Construction Consortium Ltd, +91 (44) 23454500, trs@ccclindia.com
Zamira Tasneem, Account Executive, 20:20 MEDIA, +91 9790908177, zamira@2020india.com
KEYWORDS
CONSUMER, ECONOMY, BANKING, BUSINESS SERVICES, CONSTRUCTION, Financial Analyst, REAL ESTATE, 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.
Submit your press release at http://www.businesswireindia.com
Source: Consolidated Construction Consortium Ltd
Friday, October 29, 2010 03:09 PM IST (09:39 AM GMT)
Editors: General: Consumer interest, Economy; Business: Banking & financial services, Business services, Construction, Financial Analyst, Real estate, Stock exchanges
--------------------------------------------------
CCCL Reports 8.48% Growth in Turnover in Q2
Chennai, Tamil Nadu, India, Friday, October 29, 2010 -- (Business Wire India) -- Consolidated Construction Consortium Ltd. (CCCL) (BOM:532902), an integrated construction services provider having projects in the industrial, commercial, residential, and infrastructure space has announced its Q2 results for FY 2010-2011.
For the quarter ended 30.09.10, the total revenue, on a standalone basis stood at 489.52 crores and Profit after Tax (PAT) at 13.73 crores. Interest cost and unprecedented rainfall in many parts of the country affected the performance during the quarter.
Mr. Sarabeswar, Chairman & CEO, CCCL Ltd. said, "With an order backlog of Rs. 4490 crores as at 30th Sept. 2010, we expect to grow steadily in the coming months. The macro economic conditions although sustain the growth, the increasing interest rates and climatic conditions should be favourable in the ensuing quarter.
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.18.41 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 Unaudited Financial Results, please click on the links given below:
Unaudited Financial Results
Press Release with tables
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Published_Results.pdf
Published_Results.pdf
http://www.BusinessWireIndia.com/attachments/Press_Release(37).doc
Press_Release(37).doc
CONTACT DETAILS
Mr. T.R. Seetharaman, CFO, Consolidated Construction Consortium Ltd, +91 (44) 23454500, trs@ccclindia.com
Zamira Tasneem, Account Executive, 20:20 MEDIA, +91 9790908177, zamira@2020india.com
KEYWORDS
CONSUMER, ECONOMY, BANKING, BUSINESS SERVICES, CONSTRUCTION, Financial Analyst, REAL ESTATE, 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.
Submit your press release at http://www.businesswireindia.com
BWI: Aircel Launches GSM Mobile Services in Rajasthan, Completes Pan India Footprint
Press release from Business Wire India
Source: AIRCEL
Friday, October 29, 2010 02:28 PM IST (08:58 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment, Telecommunications; Technology
--------------------------------------------------
Aircel Launches GSM Mobile Services in Rajasthan, Completes Pan India Footprint
The number 1 telecom player in Tamil Nadu, Chennai, Assam and North East now in Rajasthan; Introduces the Aircel Pocket Internet Democratizing Internet on the Mobile along with Aircel Pocket Apps & a rich bouquet of Products
New Delhi, Delhi, India, Friday, October 29, 2010 -- (Business Wire India) -- Aircel completes its Pan India footprint, today with the launch of its GSM mobile services in Rajasthan. Aircel is now present in all 23 telecom circles. With a subscriber base of over 47 million, Aircel, the fifth largest service provider, extended its services all across Rajasthan and rolled out its 23rd circle with Rajasthan.
Mr. Gurdeep Singh, Chief Operating Officer, Aircel said, "The Aircel launch in Rajasthan is a historic moment for us as we complete our Pan India footprint today. We have travelled this far in a short span with a lot of zest and passion and are now proud to be in Rajasthan to present to our customers a truly, National Brand with a strong local connect. We will be introducing products and services uniquely tailored to meet the special needs of our Rajasthan consumers and open to them a world of possibilities. We have introduced, extremely innovative Pocket Internet cards an Industry first by Aircel to democratize Internet on the mobile which offer the consumers unlimited browsing for a period of 30days @Rs 98; 3days @Rs 14 and a one day pack @ Rs 7 respectively anytime anywhere.
Further, Aircel announced the first PocketApps Store in association with Infosys this year. Aircel brings to its consumers in Rajasthan thousands of applications with Aircel PocketApps, giving way to a million possibilities. For a weekly charge of Rs. 7, you can download as many free applications as you want which could be from tracking your expenses, monitoring your fitness, scanning restaurant menus to reading newspapers in regional languages or even getting road directions."
In addition there will be a range of simple Postpaid Plans starting with a monthly rental of Rs. 499 with inbuilt 1400 minutes to be used across local, STD and roaming ( on Aircel network) along with 2500 SMS, an inbuilt Pocket Internet and Unlimited dialer tunes for one month.
Mr. Gurdeep Singh, added, "We attribute our success to our core values of trustworthiness, simplicity, strong local connect and service that is value for money. We bring these same values to serve Rajasthan. With mobile penetration of 57% and an extremely low Internet penetration in Rajasthan, there are a lot of segment based needs that an operator can fulfill for better consumer satisfaction."
Aircel has introduced attractive products with inbuilt VAS & Data for every segment. To reward high usage to the Youth of Rajasthan Aircel, has introduced a Value plan with inbuilt VAS & Data which @ Rs. 123 gives you Unlimited Pocket Internet surfing for a month and Unlimited dialer tunes with downloads at no extra cost.
True to its word the Value plan further offers STD @ 1p/1sec, Aircel to others @ 1p/ 2secs and Aircel to Aircel @ 1p/3secs. The validity is for a period of six months. To give maximum benefit to our consumers, they get to enjoy free incoming calls while roaming on Aircel network across India for a period of 90 days.
To address significant tourist traffic in Rajasthan, Aircel offers International Calling Cards @99p/minute for calls to US and Canada.
Aircel's presence in Rajasthan brings with it a plethora of offers for its people. To address the needs of the consumers in Rajasthan, Aircel introduces a Business Pack for the SME's @Rs. 234 with inbuilt 500minutes (local and national) and 1000 SMSs (local and national). It also packs in Pocket Internet usage up to 2GB.
Another powerful product for the Corporates and Institutions @Rs.345 comes with inbuilt 1000minutes (local and national) and 3000 SMSs (local and national) along with Unlimited Pocket Internet for one month.
Aircel will offer a rich bouquet of VAS services with localized content including a WAP Portal page in Hindi for any GPRS handset. In addition to this, there will be Music on demand, Unlimited Dialer Tunes and an innovative voice based Doctor-on-call service among others.
Apart from a very robust Retail coverage all across Rajasthan, Aircel will provide a range of both prepaid and postpaid products through its exclusive, vibrant flagship company outlets in Jaipur, which is also the first all woman managed store. The Aircel stores are a state- of -the art experiential zones where consumers get a first-hand experience on products and applications.
Always recognized for its high focus on Customer care and service, Aircel has set up a specialized Data Call Centre with the latest technology and multilingual Customer care handling capability. This will help its subscribers to connect better and get the best service.
About Aircel
Aircel, a part of Maxis Communications Berhad, Malaysia, is India's fifth largest GSM mobile service provider with a subscriber base of over 47 million and is the fastest growing mobile operator in the country. It is the market leader in Tamil Nadu, Assam, North-East and Chennai. . Aircel is now present in 23 Telecom Circles (Mumbai, Pune, Uttar Pradesh East, Uttar Pradesh West, Delhi, Andhra Pradesh, Karnataka, Kerala, Kolkata, Assam, Bihar, Chennai, Himachal Pradesh, Jammu and Kashmir, North-East , Orissa, Tamil Nadu, West Bengal, MP & Chhattisgarh, Haryana, Punjab, Gujarat & Rajasthan) and with spectrum secured for all the remaining circles (a total of 23 circles in India), the company is on track to become a leading Pan-India Operator. For more information, please log on to www.aircel.com
CONTACT DETAILS
Ms. Madhavi Kochar, 20:20 MEDIA, +91 9810788188, madhavi@2020india.com
Ms. Shalini Sethi, Head- Corporate Communications, Aircel Limited, +91 9711597229
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, MEDIA, 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: AIRCEL
Friday, October 29, 2010 02:28 PM IST (08:58 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment, Telecommunications; Technology
--------------------------------------------------
Aircel Launches GSM Mobile Services in Rajasthan, Completes Pan India Footprint
The number 1 telecom player in Tamil Nadu, Chennai, Assam and North East now in Rajasthan; Introduces the Aircel Pocket Internet Democratizing Internet on the Mobile along with Aircel Pocket Apps & a rich bouquet of Products
New Delhi, Delhi, India, Friday, October 29, 2010 -- (Business Wire India) -- Aircel completes its Pan India footprint, today with the launch of its GSM mobile services in Rajasthan. Aircel is now present in all 23 telecom circles. With a subscriber base of over 47 million, Aircel, the fifth largest service provider, extended its services all across Rajasthan and rolled out its 23rd circle with Rajasthan.
Mr. Gurdeep Singh, Chief Operating Officer, Aircel said, "The Aircel launch in Rajasthan is a historic moment for us as we complete our Pan India footprint today. We have travelled this far in a short span with a lot of zest and passion and are now proud to be in Rajasthan to present to our customers a truly, National Brand with a strong local connect. We will be introducing products and services uniquely tailored to meet the special needs of our Rajasthan consumers and open to them a world of possibilities. We have introduced, extremely innovative Pocket Internet cards an Industry first by Aircel to democratize Internet on the mobile which offer the consumers unlimited browsing for a period of 30days @Rs 98; 3days @Rs 14 and a one day pack @ Rs 7 respectively anytime anywhere.
Further, Aircel announced the first PocketApps Store in association with Infosys this year. Aircel brings to its consumers in Rajasthan thousands of applications with Aircel PocketApps, giving way to a million possibilities. For a weekly charge of Rs. 7, you can download as many free applications as you want which could be from tracking your expenses, monitoring your fitness, scanning restaurant menus to reading newspapers in regional languages or even getting road directions."
In addition there will be a range of simple Postpaid Plans starting with a monthly rental of Rs. 499 with inbuilt 1400 minutes to be used across local, STD and roaming ( on Aircel network) along with 2500 SMS, an inbuilt Pocket Internet and Unlimited dialer tunes for one month.
Mr. Gurdeep Singh, added, "We attribute our success to our core values of trustworthiness, simplicity, strong local connect and service that is value for money. We bring these same values to serve Rajasthan. With mobile penetration of 57% and an extremely low Internet penetration in Rajasthan, there are a lot of segment based needs that an operator can fulfill for better consumer satisfaction."
Aircel has introduced attractive products with inbuilt VAS & Data for every segment. To reward high usage to the Youth of Rajasthan Aircel, has introduced a Value plan with inbuilt VAS & Data which @ Rs. 123 gives you Unlimited Pocket Internet surfing for a month and Unlimited dialer tunes with downloads at no extra cost.
True to its word the Value plan further offers STD @ 1p/1sec, Aircel to others @ 1p/ 2secs and Aircel to Aircel @ 1p/3secs. The validity is for a period of six months. To give maximum benefit to our consumers, they get to enjoy free incoming calls while roaming on Aircel network across India for a period of 90 days.
To address significant tourist traffic in Rajasthan, Aircel offers International Calling Cards @99p/minute for calls to US and Canada.
Aircel's presence in Rajasthan brings with it a plethora of offers for its people. To address the needs of the consumers in Rajasthan, Aircel introduces a Business Pack for the SME's @Rs. 234 with inbuilt 500minutes (local and national) and 1000 SMSs (local and national). It also packs in Pocket Internet usage up to 2GB.
Another powerful product for the Corporates and Institutions @Rs.345 comes with inbuilt 1000minutes (local and national) and 3000 SMSs (local and national) along with Unlimited Pocket Internet for one month.
Aircel will offer a rich bouquet of VAS services with localized content including a WAP Portal page in Hindi for any GPRS handset. In addition to this, there will be Music on demand, Unlimited Dialer Tunes and an innovative voice based Doctor-on-call service among others.
Apart from a very robust Retail coverage all across Rajasthan, Aircel will provide a range of both prepaid and postpaid products through its exclusive, vibrant flagship company outlets in Jaipur, which is also the first all woman managed store. The Aircel stores are a state- of -the art experiential zones where consumers get a first-hand experience on products and applications.
Always recognized for its high focus on Customer care and service, Aircel has set up a specialized Data Call Centre with the latest technology and multilingual Customer care handling capability. This will help its subscribers to connect better and get the best service.
About Aircel
Aircel, a part of Maxis Communications Berhad, Malaysia, is India's fifth largest GSM mobile service provider with a subscriber base of over 47 million and is the fastest growing mobile operator in the country. It is the market leader in Tamil Nadu, Assam, North-East and Chennai. . Aircel is now present in 23 Telecom Circles (Mumbai, Pune, Uttar Pradesh East, Uttar Pradesh West, Delhi, Andhra Pradesh, Karnataka, Kerala, Kolkata, Assam, Bihar, Chennai, Himachal Pradesh, Jammu and Kashmir, North-East , Orissa, Tamil Nadu, West Bengal, MP & Chhattisgarh, Haryana, Punjab, Gujarat & Rajasthan) and with spectrum secured for all the remaining circles (a total of 23 circles in India), the company is on track to become a leading Pan-India Operator. For more information, please log on to www.aircel.com
CONTACT DETAILS
Ms. Madhavi Kochar, 20:20 MEDIA, +91 9810788188, madhavi@2020india.com
Ms. Shalini Sethi, Head- Corporate Communications, Aircel Limited, +91 9711597229
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, MEDIA, TELECOMMUNICATIONS, TECHNOLOGY
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BWI: Altair Engineering to Acquire SimLab Corporation
Press release from Business Wire India
Source: Altair
Friday, October 29, 2010 12:32 PM IST (07:02 AM GMT)
Editors: General: Economy; Business: Banking & financial services, Financial Analyst, Heavy industries, Stock exchanges; Technology
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Altair Engineering to Acquire SimLab Corporation
Acquisition of SimLab Technology and Expertise Increases Powertrain Depth and Broadens Altair's Software Portfolio
Bangalore, Karnataka, India, Friday, October 29, 2010 -- (Business Wire India) -- Altair Engineering, Inc., a leading global provider of simulation technology and engineering services that empowers client innovation and decision-making, today announced it has entered into an agreement to acquire SimLab Corporation. Headquartered in Santa Margarita, Calif., SimLab specializes in highly automated, tailored finite element modeling solutions for powertrain systems within the automotive and heavy equipment industries. Under the agreement, Altair will acquire SimLab's technology and development staff within its HyperWorks computer-aided engineering (CAE) software development operations.
With the unique ability to recognize computer-aided design (CAD) feature information (bolts, chamfers, fillets, cylinders, etc.), SimLab's template-driven, solid meshing solutions have allowed manufacturers of complex systems to develop higher quality CAE models five-times faster than with conventional methods. The addition of SimLab and its feature-based meshing domain knowledge will extend Altair's simulation footprint across broad industry segments while advancing the company's long-standing leadership position in CAE modeling and assembly solutions.
"Altair is dedicated to providing the very best in modeling and visualization technology for the engineering community, and the addition of SimLab to our range of CAE tools reinforces that commitment," said James R. Scapa, chairman and CEO of Altair. "We recognize the value of SimLab's technology, especially for customers who benefit from CAD associativity. This acquisition and a shared vision fit perfectly with our technology roadmap for CAE process automation."
"By joining with Altair, we are ensuring the continued growth of our technology," said Dr. Shan Nageswaran, president and CEO of SimLab. "SimLab provides additional specialized functions for Altair's market-leading applications suite; and, in turn, Altair opens new opportunities for advancing SimLab in new markets and application scope to improve CAE modeling efficiency."
Altair anticipates completing the acquisition before the end of 2010. SimLab will continue to operate from its California facility, while working closely with the HyperWorks development organization at Altair's headquarters in Troy, Mich. on integration roadmaps.
About Altair
Altair Engineering, Inc. empowers client innovation and decision-making through technology that optimizes the analysis, management and visualization of business and engineering information. Privately held, with more than 1,400 employees, Altair has offices throughout North America, South America, Europe and Asia/Pacific. With a 25-year track record for product design, advanced engineering software, grid computing technologies and enterprise analytics solutions, Altair consistently delivers a competitive advantage to customers in a broad range of industries. To learn more, please visit www.altair.com.
CONTACT DETAILS
Rushitha Samavedam, 20:20 Media, + 91 95353 88406, rushitha@2020india.com
KEYWORDS
ECONOMY, BANKING, Financial Analyst, HEAVY INDUSTRIES, 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: Altair
Friday, October 29, 2010 12:32 PM IST (07:02 AM GMT)
Editors: General: Economy; Business: Banking & financial services, Financial Analyst, Heavy industries, Stock exchanges; Technology
--------------------------------------------------
Altair Engineering to Acquire SimLab Corporation
Acquisition of SimLab Technology and Expertise Increases Powertrain Depth and Broadens Altair's Software Portfolio
Bangalore, Karnataka, India, Friday, October 29, 2010 -- (Business Wire India) -- Altair Engineering, Inc., a leading global provider of simulation technology and engineering services that empowers client innovation and decision-making, today announced it has entered into an agreement to acquire SimLab Corporation. Headquartered in Santa Margarita, Calif., SimLab specializes in highly automated, tailored finite element modeling solutions for powertrain systems within the automotive and heavy equipment industries. Under the agreement, Altair will acquire SimLab's technology and development staff within its HyperWorks computer-aided engineering (CAE) software development operations.
With the unique ability to recognize computer-aided design (CAD) feature information (bolts, chamfers, fillets, cylinders, etc.), SimLab's template-driven, solid meshing solutions have allowed manufacturers of complex systems to develop higher quality CAE models five-times faster than with conventional methods. The addition of SimLab and its feature-based meshing domain knowledge will extend Altair's simulation footprint across broad industry segments while advancing the company's long-standing leadership position in CAE modeling and assembly solutions.
"Altair is dedicated to providing the very best in modeling and visualization technology for the engineering community, and the addition of SimLab to our range of CAE tools reinforces that commitment," said James R. Scapa, chairman and CEO of Altair. "We recognize the value of SimLab's technology, especially for customers who benefit from CAD associativity. This acquisition and a shared vision fit perfectly with our technology roadmap for CAE process automation."
"By joining with Altair, we are ensuring the continued growth of our technology," said Dr. Shan Nageswaran, president and CEO of SimLab. "SimLab provides additional specialized functions for Altair's market-leading applications suite; and, in turn, Altair opens new opportunities for advancing SimLab in new markets and application scope to improve CAE modeling efficiency."
Altair anticipates completing the acquisition before the end of 2010. SimLab will continue to operate from its California facility, while working closely with the HyperWorks development organization at Altair's headquarters in Troy, Mich. on integration roadmaps.
About Altair
Altair Engineering, Inc. empowers client innovation and decision-making through technology that optimizes the analysis, management and visualization of business and engineering information. Privately held, with more than 1,400 employees, Altair has offices throughout North America, South America, Europe and Asia/Pacific. With a 25-year track record for product design, advanced engineering software, grid computing technologies and enterprise analytics solutions, Altair consistently delivers a competitive advantage to customers in a broad range of industries. To learn more, please visit www.altair.com.
CONTACT DETAILS
Rushitha Samavedam, 20:20 Media, + 91 95353 88406, rushitha@2020india.com
KEYWORDS
ECONOMY, BANKING, Financial Analyst, HEAVY INDUSTRIES, STOCK EXCHANGES, TECHNOLOGY
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BWI: SNAP 2010 – 14 PG Institutes Seats Up for Grabs
Press release from Business Wire India
Source: Symbiosis International University
Friday, October 29, 2010 12:30 AM IST (Thursday, October 28, 2010 07:00 PM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Education & training, Information technology; Technology
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SNAP 2010 - 14 PG Institutes Seats Up for Grabs
Pune, Maharashtra, India, Friday, October 29, 2010 -- (Business Wire India) -- With the country's most coveted examination barely a month and a half away, it's a hectic time for aspirants who are grappling with college assignments, work schedules and a whole lot of other challenges.
Symbiosis National Aptitude Test (SNAP), the common entrance exam for admission to the PG programmes at Symbiosis International University - Pune, is being held in different centers across India on the 19th of December. A spokesperson said that the amount of faith shown in us is apparent when we see the number of foreign students increasing each year. They voice the reason - multiple options and a great brand for their resume. This is not seen only amongst overseas aspirants but Indian too. Symbiosis International University is home to over 10500 national and international students across 21 constituent institutes & 9 campuses.
With entrants and registrations coming in from all over the country and abroad, the requirement for an exam like SNAP is obvious. Being the only exam that opens doors to so many streams, the reason for the interest is warranted. Justifying this, Neha Bisht of Pune says, "It's obvious that one would like to prepare for an exam that gives you multiple chances and streams to choose from, unlike the others that are focusing on management alone." Not only that, she further adds that "The kind of industry backing that Symbiosis has and the brand value it commands makes it a very sound option to study for." Atul Rao of Delhi has the same to say: "Many of my friends and I chose SNAP for the same reason. Its courses are diverse in depth, and they give you the chance to meet people from several cultures." He further adds that, "The online support system enabled across multiple platforms is quite nice; with hyperlink text Facebook and Twitter being used by them it makes studying easier and fun."
Those interested in finding out more about SNAP and registering their application can access www.snaptest.org or their page on Facebook (www.facebook.com/Symbiosis.SNAP) To gain from inputs regarding the test and university, you can also access SNAP on their twitter handle which is: SNAPSIU (twitter.com/SNAPSIU)
CONTACT DETAILS
Lalit Kathpalia, Symbiosis International University, +91 (020 ) 25675601 / 02, director@sicsr.ac.in
KEYWORDS
CONSUMER, PEOPLE, MARKETING, EDUCATION, IT, TECHNOLOGY
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Source: Symbiosis International University
Friday, October 29, 2010 12:30 AM IST (Thursday, October 28, 2010 07:00 PM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Education & training, Information technology; Technology
--------------------------------------------------
SNAP 2010 - 14 PG Institutes Seats Up for Grabs
Pune, Maharashtra, India, Friday, October 29, 2010 -- (Business Wire India) -- With the country's most coveted examination barely a month and a half away, it's a hectic time for aspirants who are grappling with college assignments, work schedules and a whole lot of other challenges.
Symbiosis National Aptitude Test (SNAP), the common entrance exam for admission to the PG programmes at Symbiosis International University - Pune, is being held in different centers across India on the 19th of December. A spokesperson said that the amount of faith shown in us is apparent when we see the number of foreign students increasing each year. They voice the reason - multiple options and a great brand for their resume. This is not seen only amongst overseas aspirants but Indian too. Symbiosis International University is home to over 10500 national and international students across 21 constituent institutes & 9 campuses.
With entrants and registrations coming in from all over the country and abroad, the requirement for an exam like SNAP is obvious. Being the only exam that opens doors to so many streams, the reason for the interest is warranted. Justifying this, Neha Bisht of Pune says, "It's obvious that one would like to prepare for an exam that gives you multiple chances and streams to choose from, unlike the others that are focusing on management alone." Not only that, she further adds that "The kind of industry backing that Symbiosis has and the brand value it commands makes it a very sound option to study for." Atul Rao of Delhi has the same to say: "Many of my friends and I chose SNAP for the same reason. Its courses are diverse in depth, and they give you the chance to meet people from several cultures." He further adds that, "The online support system enabled across multiple platforms is quite nice; with hyperlink text Facebook and Twitter being used by them it makes studying easier and fun."
Those interested in finding out more about SNAP and registering their application can access www.snaptest.org or their page on Facebook (www.facebook.com/Symbiosis.SNAP) To gain from inputs regarding the test and university, you can also access SNAP on their twitter handle which is: SNAPSIU (twitter.com/SNAPSIU)
CONTACT DETAILS
Lalit Kathpalia, Symbiosis International University, +91 (020 ) 25675601 / 02, director@sicsr.ac.in
KEYWORDS
CONSUMER, PEOPLE, MARKETING, EDUCATION, IT, TECHNOLOGY
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BWI: iProperty.com India Hosting the Largest and Official Online Property Expo Organized by MCHI
Press release from Business Wire India
Source: iProperty.com
Friday, October 29, 2010 12:20 PM IST (06:50 AM GMT)
Editors: General: Consumer interest, Economy, Lifestyle, People; Business: Advertising, PR & marketing, Construction, Information technology, Real estate
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iProperty.com India Hosting the Largest and Official Online Property Expo Organized by MCHI
Mumbai, Maharashtra, India, Friday, October 29, 2010 -- (Business Wire India) -- iProperty.com hosting the Online Expo for the fourth consecutive year organized by Maharashtra Chamber of Housing Industry(MCHI).
The Online Expo is a virtual property exhibition displaying over 15,000+ residential and commercial property listings within India by more than 100 developers and 15+ Housing Finance Institutes. Both affordable and High-end projects from Mumbai, Navi Mumbai, Pune, Thane, Bangalore, Delhi and 75 other destinations across India are covered in the Expo.
The Online Expo begins from October 21st to November 5th, 2010.
Ms. Smita Thorat, CEO, iProperty.com India says," The Online Expo gives individuals a complete property experience where they can get detailed property listings and also compare shortlisted properties. Moreover, the user experience is what we work on year-on-year. This year we are providing a 3D user interface to potential home buyers giving them the feel of a real event."She adds that, "Non Resident Indians (NRI's), HNI's and individuals of international origin are the majority visitors.In just four days about 20,097 visitors have registered for Online Expo and over 300,000 unique visits has been recorded overall."
Resource: Link MCHI property expo
About iProperty.com India:
iProperty.com formerly RealAcres.com, venture of Horizon InfoVentures Pvt. Ltd., Australian Stock Exchange-listed IPGA Limited,www.ipgalimited.com (ASX: IPP) invested company.
iProperty.com India is India's leading online real estate portal that caters to real estate industry with more than 300,000 property listings. iProperty.com's networked team track and interpret the market forces and trends that affect real estate business to provide the best-informed solutions for real estate professionals such as developers, builders, financial institutions etc., with the major thrust in residential sector. It provides financial and real estate news to those who evaluate, invest-in and manage real estate industry.
iProperty.com updates property rates for both commercial and residential sector sourcing from its networked property valuators across India and other real estate institutions. iProperty.com has a strong media presence in Asia and supports International events and conferences.
iProperty.com India is the winner of CNBC Asia Pacific "Best Property Portal" in 2009, winner Red Herring 100, Finalist Business World Young Entrepreneur Award 2010.
iProperty.com Network of Websites
Hong Kong: GoHome.com.hk and House18.com
India: iProperty.com India formerly Realacres.com
Malaysia: iProperty.com Malaysia
Philippines: iProperty.com Philippines
Singapore: iProperty.com Singapore
Taiwan: VrHouse.com.tw
Events: iProperty.com
EXPOLuxury: iLuxuryasia.com
CONTACT DETAILS
Pooja Pathak, iProperty.com, +91 (22) 42435555, pooja@iproperty.com
KEYWORDS
CONSUMER, ECONOMY, LIFESTYLE, PEOPLE, MARKETING, CONSTRUCTION, IT, 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: iProperty.com
Friday, October 29, 2010 12:20 PM IST (06:50 AM GMT)
Editors: General: Consumer interest, Economy, Lifestyle, People; Business: Advertising, PR & marketing, Construction, Information technology, Real estate
--------------------------------------------------
iProperty.com India Hosting the Largest and Official Online Property Expo Organized by MCHI
Mumbai, Maharashtra, India, Friday, October 29, 2010 -- (Business Wire India) -- iProperty.com hosting the Online Expo for the fourth consecutive year organized by Maharashtra Chamber of Housing Industry(MCHI).
The Online Expo is a virtual property exhibition displaying over 15,000+ residential and commercial property listings within India by more than 100 developers and 15+ Housing Finance Institutes. Both affordable and High-end projects from Mumbai, Navi Mumbai, Pune, Thane, Bangalore, Delhi and 75 other destinations across India are covered in the Expo.
The Online Expo begins from October 21st to November 5th, 2010.
Ms. Smita Thorat, CEO, iProperty.com India says," The Online Expo gives individuals a complete property experience where they can get detailed property listings and also compare shortlisted properties. Moreover, the user experience is what we work on year-on-year. This year we are providing a 3D user interface to potential home buyers giving them the feel of a real event."She adds that, "Non Resident Indians (NRI's), HNI's and individuals of international origin are the majority visitors.In just four days about 20,097 visitors have registered for Online Expo and over 300,000 unique visits has been recorded overall."
Resource: Link MCHI property expo
About iProperty.com India:
iProperty.com formerly RealAcres.com, venture of Horizon InfoVentures Pvt. Ltd., Australian Stock Exchange-listed IPGA Limited,www.ipgalimited.com (ASX: IPP) invested company.
iProperty.com India is India's leading online real estate portal that caters to real estate industry with more than 300,000 property listings. iProperty.com's networked team track and interpret the market forces and trends that affect real estate business to provide the best-informed solutions for real estate professionals such as developers, builders, financial institutions etc., with the major thrust in residential sector. It provides financial and real estate news to those who evaluate, invest-in and manage real estate industry.
iProperty.com updates property rates for both commercial and residential sector sourcing from its networked property valuators across India and other real estate institutions. iProperty.com has a strong media presence in Asia and supports International events and conferences.
iProperty.com India is the winner of CNBC Asia Pacific "Best Property Portal" in 2009, winner Red Herring 100, Finalist Business World Young Entrepreneur Award 2010.
iProperty.com Network of Websites
Hong Kong: GoHome.com.hk and House18.com
India: iProperty.com India formerly Realacres.com
Malaysia: iProperty.com Malaysia
Philippines: iProperty.com Philippines
Singapore: iProperty.com Singapore
Taiwan: VrHouse.com.tw
Events: iProperty.com
EXPOLuxury: iLuxuryasia.com
CONTACT DETAILS
Pooja Pathak, iProperty.com, +91 (22) 42435555, pooja@iproperty.com
KEYWORDS
CONSUMER, ECONOMY, LIFESTYLE, PEOPLE, MARKETING, CONSTRUCTION, IT, 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.
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BWI: Mr. Madhav Acharya, CFO, Crompton Greaves Limited, Chosen Best Performing CFO by CNBC-TV-18
Press release from Business Wire India
Source: CG Mumbai
Friday, October 29, 2010 11:45 AM IST (06:15 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst, Heavy industries, Major diversified industrial groups
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Mr. Madhav Acharya, CFO, Crompton Greaves Limited, Chosen Best Performing CFO by CNBC-TV-18
Mr. Madhav Acharya, CFO, Crompton Greaves Limited, has been chosen the best performing CFO in the Capital Goods sector by CNBC-TV-18
Mumbai, Maharashtra, India, Friday, October 29, 2010 -- (Business Wire India) -- He received this prestigious award from the hands of Union Minister for Corporate Affairs, Mr. Salman Khurshid, at a well-attended function held in Mumbai on October 27th, 2010. This is India's most distinguished award for excellence in the financial field and presents to the world, stellar individuals driving India to its rightful place in the global economy.
The winners of this defining award were selected through a robust and comprehensive judging process, based on a combination of criteria. The nominees were evaluated by an extremely discerning panel comprising eminent personalities from the Banking and Engineering Industries namely Mr. Deepak Parekh - Chairman HDFC (who was also the Chairman of the Jury), Mr. YM Deosthalee - CFO - L&T, Ms Shikha Sharma - MD & CEO - Axis Bank, Mr. Bharat Doshi - Executive Director - Mahindra & Mahindra and Mr. Uday Kotak - Executive Vice Chairman & MD - Kotak Mahindra Bank.
It is believed that over the last decade, India's CFO community has evolved from ensuring the outstanding success of their organizations to taking India Global. They have managed India's aspirations with such precision that they are now the nation's global ambassadors! It is with this intent that CNBC TV 18 has instituted this award, which is in its 5th year, to recognize their contribution to Brand India and salute their spirit of achievement.
CONTACT DETAILS
Mr. Narayanan GM-CC, CG Mumbai, +91 (22) 24237842, vish.narayanan@cgglobal.com
KEYWORDS
CONSUMER, PEOPLE, MARKETING, BANKING, BUSINESS SERVICES, Financial Analyst, HEAVY INDUSTRIES, GROUPS
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: CG Mumbai
Friday, October 29, 2010 11:45 AM IST (06:15 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst, Heavy industries, Major diversified industrial groups
--------------------------------------------------
Mr. Madhav Acharya, CFO, Crompton Greaves Limited, Chosen Best Performing CFO by CNBC-TV-18
Mr. Madhav Acharya, CFO, Crompton Greaves Limited, has been chosen the best performing CFO in the Capital Goods sector by CNBC-TV-18
Mumbai, Maharashtra, India, Friday, October 29, 2010 -- (Business Wire India) -- He received this prestigious award from the hands of Union Minister for Corporate Affairs, Mr. Salman Khurshid, at a well-attended function held in Mumbai on October 27th, 2010. This is India's most distinguished award for excellence in the financial field and presents to the world, stellar individuals driving India to its rightful place in the global economy.
The winners of this defining award were selected through a robust and comprehensive judging process, based on a combination of criteria. The nominees were evaluated by an extremely discerning panel comprising eminent personalities from the Banking and Engineering Industries namely Mr. Deepak Parekh - Chairman HDFC (who was also the Chairman of the Jury), Mr. YM Deosthalee - CFO - L&T, Ms Shikha Sharma - MD & CEO - Axis Bank, Mr. Bharat Doshi - Executive Director - Mahindra & Mahindra and Mr. Uday Kotak - Executive Vice Chairman & MD - Kotak Mahindra Bank.
It is believed that over the last decade, India's CFO community has evolved from ensuring the outstanding success of their organizations to taking India Global. They have managed India's aspirations with such precision that they are now the nation's global ambassadors! It is with this intent that CNBC TV 18 has instituted this award, which is in its 5th year, to recognize their contribution to Brand India and salute their spirit of achievement.
CONTACT DETAILS
Mr. Narayanan GM-CC, CG Mumbai, +91 (22) 24237842, vish.narayanan@cgglobal.com
KEYWORDS
CONSUMER, PEOPLE, MARKETING, BANKING, BUSINESS SERVICES, Financial Analyst, HEAVY INDUSTRIES, GROUPS
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: Indian Call Center and BPO Industries Looking to Invest in Customer-Centric Technologies and Hosted Solutions
Press release from Business Wire India
Source: IQPC India (P) Ltd
Friday, October 29, 2010 10:12 AM IST (04:42 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Banking & financial services, Business services, Information technology, Telecommunications; Technology
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Indian Call Center and BPO Industries Looking to Invest in Customer-Centric Technologies and Hosted Solutions
Bangalore, Karnataka, India, Friday, October 29, 2010 -- (Business Wire India) -- The Indian BPO and call center sector has been instrumental in India's economic growth, adding 5 million jobs and USD 15 billion in revenue. India's diversity, flexibility, strategic location, educated workforce and technical expertise have attracted global players to outsource their support and customer service operations to the country, despite stiff competition from countries like the Philippines.
To maintain the position as a global leader in the call center industry and retain existing client bases, strengthening infrastructure and utilizing the latest technologies are top priorites for Indian call centers, sentiments backed up by research recently conducted by IQPC. According to the survey 65% of total investment in technologies in all centers is made in quality management software. Though legacy systems are still being used, there are constant upgrades and new technologies and services available such as cloud computing and Software as a Service (SaaS).
The research also showed that 72.2% of respondents mentioned that enhancing their customer experience is one of their top priorities. Over 50% of respondents considered Telecommunication and Banking as the most important sectors in the area of captive call centers.
In an effort to contribute to the growth of the call center industry in India and drive innovation, IQPC will launch Call Center Technology and Communications India 2010, the Indian edition of its global call center conferences. The event, which will take place from 29 - 30 November 2010 in Gurgaon, aims to provide a platform to explore latest technologies for the call center industry in order to maximise revenue and enhance customer experience. Call Center Technology and Communications India 2010, will bring together experts from across the globe to discuss new strategies and trends to implement state-of-the art solutions. The event will bring together CXOs and experts in the industry to share their views on the latest technologies, trends and best practices to improve the internal processes and offer first class customer service.
The conference will feature solution providers like Wesley Clover, who provide leading edge IP-based voice and unified communication solutions and some of the biggest Indian multi-national companies like Dell, Hewlett Packard, Vodafone Essar and Infosys.
More information on conference participation, speakers, technology solution providers and agenda is available on the event website www.callcentertechindia.com
About IQPC
IQPC provides practical conferences, large scale events, topical seminars and in-house training programs, keeping business executives up-to-date with industry trends, technological developments and the regulatory landscape. IQPC produces more than 1,800 events annually around the world, and continues to grow. Founded in 1973, IQPC now has offices in major cities across six continents including: Bengaluru, Berlin, Dubai, London, New York, Sao Paulo, Singapore, Stockholm, Sydney, and Toronto.
CONTACT DETAILS
Chandana Rana, IQPC India (P) Ltd, +971 4 364 2975, enquiry@iqpc.ae
KEYWORDS
CONSUMER, PEOPLE, MARKETING, BANKING, 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: IQPC India (P) Ltd
Friday, October 29, 2010 10:12 AM IST (04:42 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Banking & financial services, Business services, Information technology, Telecommunications; Technology
--------------------------------------------------
Indian Call Center and BPO Industries Looking to Invest in Customer-Centric Technologies and Hosted Solutions
Bangalore, Karnataka, India, Friday, October 29, 2010 -- (Business Wire India) -- The Indian BPO and call center sector has been instrumental in India's economic growth, adding 5 million jobs and USD 15 billion in revenue. India's diversity, flexibility, strategic location, educated workforce and technical expertise have attracted global players to outsource their support and customer service operations to the country, despite stiff competition from countries like the Philippines.
To maintain the position as a global leader in the call center industry and retain existing client bases, strengthening infrastructure and utilizing the latest technologies are top priorites for Indian call centers, sentiments backed up by research recently conducted by IQPC. According to the survey 65% of total investment in technologies in all centers is made in quality management software. Though legacy systems are still being used, there are constant upgrades and new technologies and services available such as cloud computing and Software as a Service (SaaS).
The research also showed that 72.2% of respondents mentioned that enhancing their customer experience is one of their top priorities. Over 50% of respondents considered Telecommunication and Banking as the most important sectors in the area of captive call centers.
In an effort to contribute to the growth of the call center industry in India and drive innovation, IQPC will launch Call Center Technology and Communications India 2010, the Indian edition of its global call center conferences. The event, which will take place from 29 - 30 November 2010 in Gurgaon, aims to provide a platform to explore latest technologies for the call center industry in order to maximise revenue and enhance customer experience. Call Center Technology and Communications India 2010, will bring together experts from across the globe to discuss new strategies and trends to implement state-of-the art solutions. The event will bring together CXOs and experts in the industry to share their views on the latest technologies, trends and best practices to improve the internal processes and offer first class customer service.
The conference will feature solution providers like Wesley Clover, who provide leading edge IP-based voice and unified communication solutions and some of the biggest Indian multi-national companies like Dell, Hewlett Packard, Vodafone Essar and Infosys.
More information on conference participation, speakers, technology solution providers and agenda is available on the event website www.callcentertechindia.com
About IQPC
IQPC provides practical conferences, large scale events, topical seminars and in-house training programs, keeping business executives up-to-date with industry trends, technological developments and the regulatory landscape. IQPC produces more than 1,800 events annually around the world, and continues to grow. Founded in 1973, IQPC now has offices in major cities across six continents including: Bengaluru, Berlin, Dubai, London, New York, Sao Paulo, Singapore, Stockholm, Sydney, and Toronto.
CONTACT DETAILS
Chandana Rana, IQPC India (P) Ltd, +971 4 364 2975, enquiry@iqpc.ae
KEYWORDS
CONSUMER, PEOPLE, MARKETING, BANKING, 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.
Submit your press release at http://www.businesswireindia.com
Thursday, October 28, 2010
BWI: Xilinx Stacked Silicon Interconnect Extends FPGA Technology to Deliver “More than Moore” Density, Bandwidth and Power Efficiency
Press release from Business Wire India
Source: Xilinx
Thursday, October 28, 2010 08:50 PM IST (03:20 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Telecommunications; Technology
--------------------------------------------------
Xilinx Stacked Silicon Interconnect Extends FPGA Technology to Deliver "More than Moore" Density, Bandwidth and Power Efficiency
Enables 100x Improvement in Die-to-Die Bandwidth Per Watt and 2-3x Capacity Advantage Over Monolithic Devices
Bangalore, Karnataka, India, Thursday, October 28, 2010 -- (Business Wire India) -- Xilinx, Inc. (Nasdaq: XLNX) today announced the industry's first stacked silicon interconnect technology for delivering breakthrough capacity, bandwidth and power savings using multiple FPGA die in a single package for applications that require high-transistor and logic density, as well as tremendous levels of computational and bandwidth performance. By embracing 3D packaging technologies and through-silicon vias (TSV) for its 28nm 7 series FPGAs, Xilinx's Targeted Design Platforms can address systems with resource requirements that are more than double the reach of the largest single-die FPGAs. This innovative platform approach enables Xilinx to overcome the boundaries of Moore's Law and offer electronics manufacturers unparalleled power, bandwidth and density optimization for the large-scale-integration of their systems.
"One of the ways the 28nm Xilinx® 7 series FPGAs extend the range of applications programmable logic can address is by offering industry-leading capacity of up to 2 million logic cells. Our stacked silicon interconnect packaging approach makes this remarkable achievement possible," said Vincent Tong, Xilinx Senior Vice President. "Five years of Xilinx research and development coupled with industry leading technology from TSMC and our assembly suppliers has made possible our efforts to provide an innovative solution for enabling electronic systems developers to take the benefits of FPGAs further into their manufacturing flow."
With software support available in ISE® Design Suite 13.1,which is currently available to beta customers, the 28nm Virtex-7 LX2000T device will be the world's first multi-die FPGA and provide more than 3.5X the logic capacity of the largest current-generation Xilinx 40nm FPGA with serial transceivers and 2.8X the logic capacity of the largest competing 28nm FPGA with serial transceivers. The device is made possible by industry-leading micro-bump assembly, patented FPGA architectural innovations from Xilinx, and advanced technology from TSMC that deliver lower levels of power consumption, system cost and circuit board complexity compared to using multiple FPGAs, each in their own package, for the same application.
"Compared with traditional monolithic FPGAs, multi-chip packaging approach is an innovative way to deliver large-scale programmability with favorable yield, reliability, thermal gradient, and stress tolerance characteristics," said Shang-yi Chiang, Senior Vice President of R&D at TSMC. "By using through-silicon via technology and silicon interposer to implement a stacked silicon interconnect approach, Xilinx expects to reduce risks and is on the way to volume production with well-designed test vehicle runs that meet the company's criteria for design enablement, manufacturability validation, and reliability assessment."
Within the Xilinx stacked silicon interconnect structure, data flows between a set of adjacent FPGA die across more than 10,000 routing connections. Compared with having to use standard I/O connections to integrate two FPGAs together on a circuit board, stacked silicon interconnect technology provides over 100X the die-to-die connectivity bandwidth per watt, at one-fifth the latency, without consuming any high-speed serial or parallel I/O resources. By having die sit adjacent to each other and interfaced to the ball-grid-array, Xilinx can avoid the thermal flux and design tool flow issues that would be introduced had a purely vertical die-stacking approach been taken. Xilinx's choice of 28nm HPL (high-performance, low-power) process technology for the base FPGA device provides a comfortable power budget in the package for integrating FPGA die.
Xilinx stacked silicon interconnect technology serves the most demanding FPGA applications at the heart of next generation electronic systems. The technology's ultra high-bandwidth, low-latency and low-power interconnect allows customers to implement applications applying the same approaches used for large monolithic FPGA devices, using the software's built-in auto partitioning capabilities for push-button ease-of use, or hierarchical and team-based design techniques for the highest performance and productivity.
"The Virtex-7 2000T FPGA using stacked silicon interconnect technology is a significant step in FPGA evolution and will enable ARM to implement the latest cores and platform solutions within a single FPGA. This will reduce our development effort, reduce power, and improve performance compared to a multi-FPGA approach," said John Cornish, EVP and general manager, System Design Division, ARM. "We have been a long time user of the Virtex FPGA technology in the ARM Versatile Express SoC prototyping solutions and this will surely extend our strong position."
"The availability of proven TSV technology along with low-latency interposer structures is being used effectively by Xilinx to expand the capabilities of their FPGA products," said Dr. Handel H. Jones founder and CEO of IBS, Inc (Los Gatos, CA). "The technologies used by Xilinx have been used in the high-volume manufacturing environment, with the expectation that the quality and reliability of the finished products will be high, where customer risks are very low."
Aligned with silicon progress is a robust supply chain that is in place with leading foundry and outsourced assembly and test partners, including TSMC. Software support will be available in ISE Design Suite 13.1, which is currently available to beta customers. Initial devices will be available in the 2nd half of 2011. For more technical information including white papers, please visit: http://www.xilinx.com/stacked-silicon.
About Xilinx
Xilinx is the worldwide leader in complete programmable logic solutions. For more information, visit http://www.xilinx.com.
XILINX, the Xilinx logo, ISE, Virtex, Spartan and other designated brands included herein are trademarks of Xilinx in the United States and other countries. All other trademarks are the property of their respective owners.
CONTACT DETAILS
Anit Kurian, Text 100, +91 (80) 40897272, anit.v.kurian@text100.co.in
Sharmita Mandal, Text 100, +91 (80) 40897272, sharmita.mandal@text100.co.in
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.
Submit your press release at http://www.businesswireindia.com
Source: Xilinx
Thursday, October 28, 2010 08:50 PM IST (03:20 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Telecommunications; Technology
--------------------------------------------------
Xilinx Stacked Silicon Interconnect Extends FPGA Technology to Deliver "More than Moore" Density, Bandwidth and Power Efficiency
Enables 100x Improvement in Die-to-Die Bandwidth Per Watt and 2-3x Capacity Advantage Over Monolithic Devices
Bangalore, Karnataka, India, Thursday, October 28, 2010 -- (Business Wire India) -- Xilinx, Inc. (Nasdaq: XLNX) today announced the industry's first stacked silicon interconnect technology for delivering breakthrough capacity, bandwidth and power savings using multiple FPGA die in a single package for applications that require high-transistor and logic density, as well as tremendous levels of computational and bandwidth performance. By embracing 3D packaging technologies and through-silicon vias (TSV) for its 28nm 7 series FPGAs, Xilinx's Targeted Design Platforms can address systems with resource requirements that are more than double the reach of the largest single-die FPGAs. This innovative platform approach enables Xilinx to overcome the boundaries of Moore's Law and offer electronics manufacturers unparalleled power, bandwidth and density optimization for the large-scale-integration of their systems.
"One of the ways the 28nm Xilinx® 7 series FPGAs extend the range of applications programmable logic can address is by offering industry-leading capacity of up to 2 million logic cells. Our stacked silicon interconnect packaging approach makes this remarkable achievement possible," said Vincent Tong, Xilinx Senior Vice President. "Five years of Xilinx research and development coupled with industry leading technology from TSMC and our assembly suppliers has made possible our efforts to provide an innovative solution for enabling electronic systems developers to take the benefits of FPGAs further into their manufacturing flow."
With software support available in ISE® Design Suite 13.1,which is currently available to beta customers, the 28nm Virtex-7 LX2000T device will be the world's first multi-die FPGA and provide more than 3.5X the logic capacity of the largest current-generation Xilinx 40nm FPGA with serial transceivers and 2.8X the logic capacity of the largest competing 28nm FPGA with serial transceivers. The device is made possible by industry-leading micro-bump assembly, patented FPGA architectural innovations from Xilinx, and advanced technology from TSMC that deliver lower levels of power consumption, system cost and circuit board complexity compared to using multiple FPGAs, each in their own package, for the same application.
"Compared with traditional monolithic FPGAs, multi-chip packaging approach is an innovative way to deliver large-scale programmability with favorable yield, reliability, thermal gradient, and stress tolerance characteristics," said Shang-yi Chiang, Senior Vice President of R&D at TSMC. "By using through-silicon via technology and silicon interposer to implement a stacked silicon interconnect approach, Xilinx expects to reduce risks and is on the way to volume production with well-designed test vehicle runs that meet the company's criteria for design enablement, manufacturability validation, and reliability assessment."
Within the Xilinx stacked silicon interconnect structure, data flows between a set of adjacent FPGA die across more than 10,000 routing connections. Compared with having to use standard I/O connections to integrate two FPGAs together on a circuit board, stacked silicon interconnect technology provides over 100X the die-to-die connectivity bandwidth per watt, at one-fifth the latency, without consuming any high-speed serial or parallel I/O resources. By having die sit adjacent to each other and interfaced to the ball-grid-array, Xilinx can avoid the thermal flux and design tool flow issues that would be introduced had a purely vertical die-stacking approach been taken. Xilinx's choice of 28nm HPL (high-performance, low-power) process technology for the base FPGA device provides a comfortable power budget in the package for integrating FPGA die.
Xilinx stacked silicon interconnect technology serves the most demanding FPGA applications at the heart of next generation electronic systems. The technology's ultra high-bandwidth, low-latency and low-power interconnect allows customers to implement applications applying the same approaches used for large monolithic FPGA devices, using the software's built-in auto partitioning capabilities for push-button ease-of use, or hierarchical and team-based design techniques for the highest performance and productivity.
"The Virtex-7 2000T FPGA using stacked silicon interconnect technology is a significant step in FPGA evolution and will enable ARM to implement the latest cores and platform solutions within a single FPGA. This will reduce our development effort, reduce power, and improve performance compared to a multi-FPGA approach," said John Cornish, EVP and general manager, System Design Division, ARM. "We have been a long time user of the Virtex FPGA technology in the ARM Versatile Express SoC prototyping solutions and this will surely extend our strong position."
"The availability of proven TSV technology along with low-latency interposer structures is being used effectively by Xilinx to expand the capabilities of their FPGA products," said Dr. Handel H. Jones founder and CEO of IBS, Inc (Los Gatos, CA). "The technologies used by Xilinx have been used in the high-volume manufacturing environment, with the expectation that the quality and reliability of the finished products will be high, where customer risks are very low."
Aligned with silicon progress is a robust supply chain that is in place with leading foundry and outsourced assembly and test partners, including TSMC. Software support will be available in ISE Design Suite 13.1, which is currently available to beta customers. Initial devices will be available in the 2nd half of 2011. For more technical information including white papers, please visit: http://www.xilinx.com/stacked-silicon.
About Xilinx
Xilinx is the worldwide leader in complete programmable logic solutions. For more information, visit http://www.xilinx.com.
XILINX, the Xilinx logo, ISE, Virtex, Spartan and other designated brands included herein are trademarks of Xilinx in the United States and other countries. All other trademarks are the property of their respective owners.
CONTACT DETAILS
Anit Kurian, Text 100, +91 (80) 40897272, anit.v.kurian@text100.co.in
Sharmita Mandal, Text 100, +91 (80) 40897272, sharmita.mandal@text100.co.in
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.
Submit your press release at http://www.businesswireindia.com
BWI: Automation becomes Easy - KUKA Roboter GmbH at K 2010
Press release from Business Wire India
Source: KUKA Roboter GmbH
Thursday, October 28, 2010 09:07 PM IST (03:37 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Automotives, Business services, Chemicals, Heavy industries, Information technology, Major diversified industrial groups; Technology
--------------------------------------------------
Automation becomes Easy - KUKA Roboter GmbH at K 2010
Augsburg, Germany, Thursday, October 28, 2010 -- (Business Wire India) -- At K 2010, the international flagship fair for the plastics industry, KUKA Roboter GmbH is presenting the new generation of shelf-mounted robots - the QUANTEC series - and the new KR C4 controller generation. In Hall 12, Booth C49, the technological leader from Augsburg is demonstrating how automation solutions for the plastics industry are becoming simpler, safer and more energy efficient.
Simply compact: the new QUANTEC K shelf-mounted robot series
KUKA Roboter GmbH is presenting two models from the new QUANTEC shelf-mounted robot series: the KR 240 R3100 K ultra and the KR 90 R3700 K prime. This series comprises 11 models in two product lines - QUANTEC K prime and QUANTEC K ultra. Thanks to the optimized payload and reach intervals, the customer is always able to select a robot that is ideally suited to the specific application. The weight has been reduced by up to 160 kg and axis 2 is located 400 mm further forward, making the QUANTEC K series ideal robots for the plastics industry. They are the obvious choice for operation on injection molding machines.
Simply safe: KR C4 - the control system of the future
With the KR C4, KUKA is presenting trade fair visitors with a control system that integrates robot, motion, sequence and process control. But that is not all. Even more important is the fact that the complete safety controller is seamlessly integrated into the KR C4 control system. In other words, the KR C4 performs all tasks at once. In the new control system, KUKA has systematically dispensed with limiting hardware and replaced it with intelligent software functions. The concept is thus characterized by its absolute openness and future compatibility.
Simply unmissable: the vision application at the KUKA booth
The requirements in the plastics industry for smaller batch sizes and increasing numbers of variants will necessitate even greater flexibility and openness in the future, coupled with reduction of the article-specific periphery, when selecting automation systems. KUKA is using the show application of the high-speed version of the KUKA KR 16-2 S robot to demonstrate the possibilities opened up by the use of 2D and 3D camera systems. This application provides visitors to the fair with the opportunity to interact with the robot and test the performance of the image processing systems.
Simply competent: the KUKA partner network at the K trade fair
At K 2010, KUKA is once again consciously building on its partners who are demonstrating KUKA robots in a wide range of different applications. A broad spectrum of robotic automation solutions for the plastics industry can be seen at the booths of more than 20 partner companies. This close cooperation between robot specialist and industry insiders means that the customer receives precisely the solution he requires for his specific application.
About the KUKA Robot Group
KUKA Roboter GmbH, with its headquarters in Augsburg, is a KUKA Aktiengesellschaft company and ranks among the world's leading suppliers of industrial robots. Core competencies are the development, production and sale of industrial robots, controllers, software and linear units. The company is the market leader in Germany and Europe, and the number three in the world.
The KUKA Robot Group employs about 2000 people worldwide. Of these, some 1100 are employed in Germany. In 2009, sales totaled 330.5 million euro. 25 subsidiaries provide a presence in the major markets of Europe, America and Asia.
To view the picture, please click on the linke below:
Simply compact: the new QUANTEC K shelf-mounted robot series
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Quantec_Konsol_600(1).jpg
Simply compact: the new QUANTEC K shelf-mounted robot series
CONTACT DETAILS
Corporate Communications, KUKA Roboter GmbH, +49 821 4533-0, press@kuka-robotics.com
KEYWORDS
CONSUMER, MARKETING, AUTOMOTIVE, BUSINESS SERVICES, CHEMICALS, HEAVY INDUSTRIES, IT, GROUPS, 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: KUKA Roboter GmbH
Thursday, October 28, 2010 09:07 PM IST (03:37 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Automotives, Business services, Chemicals, Heavy industries, Information technology, Major diversified industrial groups; Technology
--------------------------------------------------
Automation becomes Easy - KUKA Roboter GmbH at K 2010
Augsburg, Germany, Thursday, October 28, 2010 -- (Business Wire India) -- At K 2010, the international flagship fair for the plastics industry, KUKA Roboter GmbH is presenting the new generation of shelf-mounted robots - the QUANTEC series - and the new KR C4 controller generation. In Hall 12, Booth C49, the technological leader from Augsburg is demonstrating how automation solutions for the plastics industry are becoming simpler, safer and more energy efficient.
Simply compact: the new QUANTEC K shelf-mounted robot series
KUKA Roboter GmbH is presenting two models from the new QUANTEC shelf-mounted robot series: the KR 240 R3100 K ultra and the KR 90 R3700 K prime. This series comprises 11 models in two product lines - QUANTEC K prime and QUANTEC K ultra. Thanks to the optimized payload and reach intervals, the customer is always able to select a robot that is ideally suited to the specific application. The weight has been reduced by up to 160 kg and axis 2 is located 400 mm further forward, making the QUANTEC K series ideal robots for the plastics industry. They are the obvious choice for operation on injection molding machines.
Simply safe: KR C4 - the control system of the future
With the KR C4, KUKA is presenting trade fair visitors with a control system that integrates robot, motion, sequence and process control. But that is not all. Even more important is the fact that the complete safety controller is seamlessly integrated into the KR C4 control system. In other words, the KR C4 performs all tasks at once. In the new control system, KUKA has systematically dispensed with limiting hardware and replaced it with intelligent software functions. The concept is thus characterized by its absolute openness and future compatibility.
Simply unmissable: the vision application at the KUKA booth
The requirements in the plastics industry for smaller batch sizes and increasing numbers of variants will necessitate even greater flexibility and openness in the future, coupled with reduction of the article-specific periphery, when selecting automation systems. KUKA is using the show application of the high-speed version of the KUKA KR 16-2 S robot to demonstrate the possibilities opened up by the use of 2D and 3D camera systems. This application provides visitors to the fair with the opportunity to interact with the robot and test the performance of the image processing systems.
Simply competent: the KUKA partner network at the K trade fair
At K 2010, KUKA is once again consciously building on its partners who are demonstrating KUKA robots in a wide range of different applications. A broad spectrum of robotic automation solutions for the plastics industry can be seen at the booths of more than 20 partner companies. This close cooperation between robot specialist and industry insiders means that the customer receives precisely the solution he requires for his specific application.
About the KUKA Robot Group
KUKA Roboter GmbH, with its headquarters in Augsburg, is a KUKA Aktiengesellschaft company and ranks among the world's leading suppliers of industrial robots. Core competencies are the development, production and sale of industrial robots, controllers, software and linear units. The company is the market leader in Germany and Europe, and the number three in the world.
The KUKA Robot Group employs about 2000 people worldwide. Of these, some 1100 are employed in Germany. In 2009, sales totaled 330.5 million euro. 25 subsidiaries provide a presence in the major markets of Europe, America and Asia.
To view the picture, please click on the linke below:
Simply compact: the new QUANTEC K shelf-mounted robot series
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Quantec_Konsol_600(1).jpg
Simply compact: the new QUANTEC K shelf-mounted robot series
CONTACT DETAILS
Corporate Communications, KUKA Roboter GmbH, +49 821 4533-0, press@kuka-robotics.com
KEYWORDS
CONSUMER, MARKETING, AUTOMOTIVE, BUSINESS SERVICES, CHEMICALS, HEAVY INDUSTRIES, IT, GROUPS, 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: HOV Services, Ltd Announces Second Quarter and Half Year Fiscal 2010-11 Results
Press release from Business Wire India
Source: HOV Services Limited
Thursday, October 28, 2010 09:52 PM IST (04:22 PM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst, Information technology, Stock exchanges; Technology
--------------------------------------------------
HOV Services, Ltd Announces Second Quarter and Half Year Fiscal 2010-11 Results
Mumbai, Maharashtra, India, Thursday, October 28, 2010 -- (Business Wire India) -- HOV Services Ltd (BSE: 532761, NSE: HOVS), India's top tier BPO / KPO company today announced consolidated result for the Second quarter and Half Year ended September 30, 2010.
Financial Highlights for Second quarter and Half yearly result ended September 2010
Consolidated Proforma Financial Performance:
Second Quarter FY 2010-11 verses Proforma Second Quarter FY 2009-10
. Total Income for the second quarter FY 2010-11 decreased 0.8% to Rs 1,876.23 million from Rs 1,890.88 million over the second quarter FY 2009-10.
. EBITDA decreased by 2.4% for the second quarter FY 2010-11 to Rs 325.73 million from Rs 333.64 million over the second quarter FY 2009-10.
. Net Profit decreased by 4.5 % to Rs 186.89 million from Rs 195.70 million over the second quarter FY 2009-10.
. The Basic and Diluted Earnings per share (EPS) were Rs 14.96 for the quarter ended September 30, 2010, and Proforma Diluted Earnings per share (EPS) were Rs 8.14.
. The results for the Second Quarter of FY 2010-11 were negatively impacted by approximately 4% due to Rupee appreciation.
Second Quarter verses First Quarter of FY 2010-11
. Total Income for the second quarter increased 2.3% to Rs 1,876.23 million from Rs 1,834.60 million over the first quarter of FY 2010-11.
. EBITDA increased by 3.5% for the Second quarter to Rs 325.73 million from Rs 314.80 million over the first quarter FY 2010-11.
. Net Profit increased by 5.9% to Rs 186.89 million from Rs 176.50 million over the first quarter FY 2010-11.
First Half FY 2010-11 verses Proforma First Half FY 2009-10
. Total Income for the first half FY 2010-11 decreased by 0.8% to Rs 3,710.86 million from Rs 3,739.24 million over the first half FY 2009-10.
. EBITDA decreased by 2.5% for the first half FY 2010-11 to Rs 640.48 million from Rs 657.13 million over the first half FY 2009-10.
. Net Profit decreased by 4.2% to Rs 363.37 million from Rs 379.14 million over the first half FY 2009-10.
. The results for the first half FY 2010-11 were negatively impacted by approximately 5% due to Rupee appreciation.
Significant Developments during the Second Quarter Fiscal Year 2010-11 and noteworthy items
. Added over US$ 7.7 million in customer contracts in the second quarter FY 2010-11.
. Top 100 clients represent over 79% of total revenues with the largest customer representing only 15% of total revenues.
. In October we open our second site in China that will house approximate 1000 people when fully ramped up, and are adding additional headcount in 10 sites in India and 1 site in Mexico.
. In October we purchased a new site in Chennai that will house 800 people.
. Company maintained strong liquidity position with -
DSO of 52 days; Debt to Equity Ratio of 1.3; and Net Bank Debt of US $100.1 million at September 30, 2010, down US$18.1 million from September 30, 2009.
. International Association of Outsourcing Professionals (IAOP) ranked us:
Best 20 Leaders by Industry Focus: Health Care;
Best 10 Companies by Service Offered: Document Management;
Best 10 Leaders by Service Offered: Financial Management;
Best 20 Leaders by Region Served: India;
Best 20 Leaders by Region Served: Canada;
. Global Presence and experienced team with over 9,149 associates, strategically located across the globe; India 6,860; North America 1,489; China 473; Mexico 327.
. HOVS was recognized with the following awards during the year 2010:
- Nasscom Annual Survey 2010 has ranked HOV Services amongst the "Top 15 BPO Exporters 2009 10" in India.
- 2010 Global Services 100 (GS 100) Survey has awarded HOV Services as a Top BPO provider in three categories namely, "Industry Specific BPO Vendors", "Top BPO Vendors" and "Top FAO Vendors" list.
- Government of Maharashtra has honored HOV Services with "Maharashtra Information Technology Support Services- BPO /KPO award 2010"
About HOV Services Limited:
HOV Services Limited one of the largest end-to-end BPO company headquartered in Chennai, India provides Finance and Accounting services in the BFSI, Healthcare, Government, Telco, Publishing, Retail, Commercial and Industrial Manufacturing industries. Its clients include over 50% of the FORTUNE 100® and are some of the largest companies in the industries served. RightShore delivery centers strategically located in India, North America, China and Mexico with over 9,149 associates working together to Exceed Expectations® of our clients.
To view the financial result kindly click on the link Financial Result HOV
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Financial Result HOV.pdf
Financial Result HOV.pdf
CONTACT DETAILS
Shekhar Singh Batham Manager - Investor Relations, HOV Services Limited, +91 9869587949 / (022) 27812234, shekhar.batham@hovservices.com
KEYWORDS
CONSUMER, CONSULTANCY SERVICES, MARKETING, BANKING, BUSINESS SERVICES, Financial Analyst, IT, STOCK EXCHANGES, TECHNOLOGY
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Source: HOV Services Limited
Thursday, October 28, 2010 09:52 PM IST (04:22 PM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst, Information technology, Stock exchanges; Technology
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HOV Services, Ltd Announces Second Quarter and Half Year Fiscal 2010-11 Results
Mumbai, Maharashtra, India, Thursday, October 28, 2010 -- (Business Wire India) -- HOV Services Ltd (BSE: 532761, NSE: HOVS), India's top tier BPO / KPO company today announced consolidated result for the Second quarter and Half Year ended September 30, 2010.
Financial Highlights for Second quarter and Half yearly result ended September 2010
Consolidated Proforma Financial Performance:
Second Quarter FY 2010-11 verses Proforma Second Quarter FY 2009-10
. Total Income for the second quarter FY 2010-11 decreased 0.8% to Rs 1,876.23 million from Rs 1,890.88 million over the second quarter FY 2009-10.
. EBITDA decreased by 2.4% for the second quarter FY 2010-11 to Rs 325.73 million from Rs 333.64 million over the second quarter FY 2009-10.
. Net Profit decreased by 4.5 % to Rs 186.89 million from Rs 195.70 million over the second quarter FY 2009-10.
. The Basic and Diluted Earnings per share (EPS) were Rs 14.96 for the quarter ended September 30, 2010, and Proforma Diluted Earnings per share (EPS) were Rs 8.14.
. The results for the Second Quarter of FY 2010-11 were negatively impacted by approximately 4% due to Rupee appreciation.
Second Quarter verses First Quarter of FY 2010-11
. Total Income for the second quarter increased 2.3% to Rs 1,876.23 million from Rs 1,834.60 million over the first quarter of FY 2010-11.
. EBITDA increased by 3.5% for the Second quarter to Rs 325.73 million from Rs 314.80 million over the first quarter FY 2010-11.
. Net Profit increased by 5.9% to Rs 186.89 million from Rs 176.50 million over the first quarter FY 2010-11.
First Half FY 2010-11 verses Proforma First Half FY 2009-10
. Total Income for the first half FY 2010-11 decreased by 0.8% to Rs 3,710.86 million from Rs 3,739.24 million over the first half FY 2009-10.
. EBITDA decreased by 2.5% for the first half FY 2010-11 to Rs 640.48 million from Rs 657.13 million over the first half FY 2009-10.
. Net Profit decreased by 4.2% to Rs 363.37 million from Rs 379.14 million over the first half FY 2009-10.
. The results for the first half FY 2010-11 were negatively impacted by approximately 5% due to Rupee appreciation.
Significant Developments during the Second Quarter Fiscal Year 2010-11 and noteworthy items
. Added over US$ 7.7 million in customer contracts in the second quarter FY 2010-11.
. Top 100 clients represent over 79% of total revenues with the largest customer representing only 15% of total revenues.
. In October we open our second site in China that will house approximate 1000 people when fully ramped up, and are adding additional headcount in 10 sites in India and 1 site in Mexico.
. In October we purchased a new site in Chennai that will house 800 people.
. Company maintained strong liquidity position with -
DSO of 52 days; Debt to Equity Ratio of 1.3; and Net Bank Debt of US $100.1 million at September 30, 2010, down US$18.1 million from September 30, 2009.
. International Association of Outsourcing Professionals (IAOP) ranked us:
Best 20 Leaders by Industry Focus: Health Care;
Best 10 Companies by Service Offered: Document Management;
Best 10 Leaders by Service Offered: Financial Management;
Best 20 Leaders by Region Served: India;
Best 20 Leaders by Region Served: Canada;
. Global Presence and experienced team with over 9,149 associates, strategically located across the globe; India 6,860; North America 1,489; China 473; Mexico 327.
. HOVS was recognized with the following awards during the year 2010:
- Nasscom Annual Survey 2010 has ranked HOV Services amongst the "Top 15 BPO Exporters 2009 10" in India.
- 2010 Global Services 100 (GS 100) Survey has awarded HOV Services as a Top BPO provider in three categories namely, "Industry Specific BPO Vendors", "Top BPO Vendors" and "Top FAO Vendors" list.
- Government of Maharashtra has honored HOV Services with "Maharashtra Information Technology Support Services- BPO /KPO award 2010"
About HOV Services Limited:
HOV Services Limited one of the largest end-to-end BPO company headquartered in Chennai, India provides Finance and Accounting services in the BFSI, Healthcare, Government, Telco, Publishing, Retail, Commercial and Industrial Manufacturing industries. Its clients include over 50% of the FORTUNE 100® and are some of the largest companies in the industries served. RightShore delivery centers strategically located in India, North America, China and Mexico with over 9,149 associates working together to Exceed Expectations® of our clients.
To view the financial result kindly click on the link Financial Result HOV
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Financial Result HOV.pdf
Financial Result HOV.pdf
CONTACT DETAILS
Shekhar Singh Batham Manager - Investor Relations, HOV Services Limited, +91 9869587949 / (022) 27812234, shekhar.batham@hovservices.com
KEYWORDS
CONSUMER, CONSULTANCY SERVICES, MARKETING, 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.
Submit your press release at http://www.businesswireindia.com
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