Press release from Business Wire India
Source: IndiaMART
Saturday, July 30, 2011 08:00 PM IST (02:30 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment; Technology
--------------------------------------------------
IndiaMART.com & IAMAI Solve Cloud Puzzle for SMEs
New Delhi, Delhi, India, Saturday, July 30, 2011 -- (Business Wire India) -- - Eminent panelists help demystify world of cloud computing at 4th Conference on ICT for SMEs - Taking to the Cloud, Pay for what you need
- Chief Guest Mr. N Ravi Shanker, Additional Secretary, Department of IT, Govt. of India released IndiaMART-IAMAI report on 'Free for SMEs:2011"
- Mr. Dinesh Agarwal, Founder & CEO, IndiaMART.com gave a special address underlying importance of simplifying technologies
- Adoption of ICT by SMEs, financial need of SMEs in leveraging ICT services, strategies to digitize, etc. were brought into focus
'Need to simplify technology and do away with jargons to help SMEs understand ICT better' was the popular sentiment echoed by industry experts at the 4th Conference on ICT for SMEs - Taking to the Cloud, Pay for what you need organised by IndiaMART.com and IAMAI at the India Habitat Centre, New Delhi yesterday. The conference helped SMEs gauge the potential of cloud and connected them to this new emerging technology. The panelists, representing different fields of ICT, brought forward their perspectives to demystify the move to cloud for SMEs. With encouraging words from the Chief Guest Mr. N Ravi Shanker, Additional Secretary, Department of Information Technology, Government of India, the conference was off to a flying start. Relating ICT for SMEs to the cable TV era, he shared how the latter was seen as a harbinger of change. It required subscription on monthly basis to view different channels. Similarly, Indian SMEs should be paying only for those services that they require or use.
Mr. N K Goyal, President, CMAI Association of India and Member Governing Council, Telecom Equipment & Services Export Promotion Council, Govt. of India moderated the inaugural session. Mr. Dinesh Agarwal, Founder & CEO, IndiaMART.com recalled how for last 20 years, IT has transformed the country. He added, "It is important to make technology invisible for SMEs. Only if we simplify it for SMEs, they would pro-actively use for their own businesses." Mr. Desi Valli, Executive Director & COO, Net 4 India Ltd. also laid stress on use of ICT by SMEs.
Session on 'Technology and Infrastructure for Growth of SMEs', moderated by Mr. Soumya Sarkar, News Editor, Mint, saw panelists dwell on technologies for SMEs which do not need much investment. Mr. Atul Sharma, Founder & CTO, KooKoo stated that SMEs need to strategise if they want to effectively use cloud while Mr. Shyam Sunder, Chief Knowledge Officer, Ramco Systems said that the trust on cloud computing has been on the rise. Stressing on the use of internet, Mr. Brijesh Agrawal, COO, IndiaMART.com, said, "If an SME owner is willing to spend 10 minutes of his time on the internet everyday, he can turn his business profitable by generating leads online. There are innumerable free services available online which can help you improve productivity and generate sales for your business." Echoing a similar sentiment, Mr. Bikky Khosla, CEO, TradeIndia.com further added that B2B can not only be used for supplying but for sourcing too. B2B marketplaces seemed to be popular amongst the audience as their questions, in the Q&A round, were targeted more at generating business through them. One of the audience member asked the panel if there was a 'pay for what you use' model. To this Mr. Brijesh Agrawal replied, "IndiaMART.com has an annual subscription model and also 'pay per lead' model where SMEs can purchase the contact details of the buyer after going through the details."
Mr. Laveesh Bhandari, Founder Director, Indicus Analytics chaired the third session 'ICT enabled SME's in Developing Countries & Financial Needs'. Panelist Mr. Dhiraj Garg, GM-Cloud Solutions, IBM India elaborated on the difference cloud can bring to SMEs' business - generate new business model, increase operational efficiency, improve security, etc. Mr. Aakash Goel, Associate, Sequoia Capital also shared that cloud held lot of promise as SMEs can reduce capital expenditure cost while Mr. Kartik Taneja, Head India and SAARC Business & Govt Relations at Verisign India, brought the focus of SMEs on the need to take control of their personal domain name.
With mobile phone users multiplying by each day, it was essential that the panelists discuss on how SMEs can have simple strategies to digitize on mobile. Mr. Ravi Visvesvaraya Prasad, CEO, Telecom Industry Consultant moderated the last session and sought opinions from panelists on what are mobile application utilities for SMEs. It saw expert views from Mr. Romit Mitra, VP, Marketing and Alliances, 2ergo; Mr. Deepak Goyal, VP, Sales, Air2Web India; Mr. Sanjay Diwan, VP, Marketing, IMI Mobile and Mr. Rohit Gupta, VP & Head - Wireless, Tata Teleservices Ltd. They elaborated on how SMEs can benefit from mobile cloud computing and improve business efficiency, how mobile can help in trading & commerce and assist in reaching out to target audience with precision and cost efficiency,
The success of past three conferences on 'ICT for SMEs' by IndiaMART.com and IAMAI had increased the level of expectation from this conference. Not letting down the audience, the event promised to be one of the most engaging and informative session for the SMEs who were familiarised with the complex processes of using cloud.
About IndiaMART.com
IndiaMART.com is India's largest online B2B marketplace for Small & Medium Size Businesses, connecting global buyers with suppliers. The company offers a platform & tools to over 1 million suppliers to generate business leads from over 5 million buyers, who use the platform to find reliable & competitive suppliers. The company has over 4000 employees located across 75 offices in the country. Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd.
Products & Services
IndiaMART.com offers products that enable small & medium size businesses generate business leads (online catalogs/store-fronts), establish their credibility (third party verified trust profile) and use business information (finance, news, trade shows, tenders) for their business promotion.
For more information, please visit: www.indiamart.com/corporate/press-section.html
CONTACT DETAILS
Pawandeep Kaur, Manager - Corporate Communication, IndiaMART, +91 (120) 3997600, corpcomm@indiamart.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Saturday, July 30, 2011
Friday, July 29, 2011
BWI: Sify Reports Revenues of $50.73 Million for First Quarter of Fiscal Year 2011-12
Press release from Business Wire India
Source: Sify Technologies Limited
Friday, July 29, 2011 05:16 PM IST (11:46 AM GMT)
Editors: General: Economy, People; Business: Banking & financial services, Business services, Financial Analyst, Information technology, Stock exchanges; Technology
--------------------------------------------------
Sify Reports Revenues of $50.73 Million for First Quarter of Fiscal Year 2011-12
EBITDA for the quarter at US$ 2.80 million
Chennai, Tamil Nadu, India, Friday, July 29, 2011 -- (Business Wire India) -- Sify Technologies Limited (NASDAQ Global Markets: SIFY), a leader in Managed Enterprise, Network and IT Services in India with growing global delivery capabilities, today announced its consolidated results under International Financial Reporting Standards (IFRS) for the first quarter of fiscal year 2011-12.
Performance Highlights Q 1 FY 11-12:
- Sify reported revenues of US $50.73 million for the quarter ended June 30, 2011, about 31% higher than the corresponding quarter of previous year.
- Growth was driven by revenues from Enterprise services which grew 40% over the corresponding quarter previous year: this included a US $10.3 million project executed for a large telecom company.
- EBITDA for the quarter increased to US $ 2.80 million, as compared to US $ 0.51 million in the corresponding quarter previous year.
- Net loss before tax for the quarter was US $ 1.91 million, as against a net loss of US $ 4.05 million in the corresponding quarter previous year.
- Capex during the quarter was US $ 1.68 million. Cash balance at the end of the quarter was US $ 14.99 million and undrawn line of credit of US $ 3.25 million
Mr. Raju Vegesna, Board Chairman and CEO & MD, said, "It gives me great pleasure to report that our recast business structure is beginning to show results. The unbundling of our broad service portfolio and making them available across all customer segments has increased the flexibility and scalability of our business.
Our initiative to focus on Sify software as a separate organisation supporting several application services to carrier, enterprise and small business customers is seeing acceptance and gaining good traction. We believe the service offerings from Sify software will help us realize our vision of transforming from an internal support function to a significant independent revenue maker for the company.
Projects executed for the Indian government have established our reputation as a company that is capable of delivering government projects within the stipulated time. We are now on stream to hand over three State Data Centres.
Post its reorientation towards becoming self sustaining and profitable, the Commercial and Consumer business is beginning to see accelerated growth in the new segments we are focusing on, particularly with the fast-growing SMB and SOHO markets in its ambit. Our Cloud computing infrastructure, one of the first public cloud services offered in India, will emerge as unified platform for customers from retail, SOHOs, SMBs and Enterprise, making the services more cost-effective and scalable.
The Government of India's move to classify the proposed fibre-optic network as a national resource and make it available on equal terms to all operators wishing to provide broadband services will lead to a more level playing field for Sify. It will also allow us to further leverage our investments to deliver value-added services to customers across India. We are ideally positioned to ride the IT services wave in India with our network coverage, data centres footprint across metros and small cities, home-grown applications delivered on the cloud model and our international bandwidth capacity."
Mr. MP Vijay Kumar, Chief Financial Officer, said, "We are now in the process of building additional capacity through our Data Centre build plan, Network expansion and new development plans for Sify Software. The new investments will add to the existing portfolio of our Network presence in 667 cities, 6 Data centres, millions of hours in skilled manpower across different business verticals and an appreciating investment in a financial services entity.
As revenue continues to scale, we expect the anticipated benefits of these investments to be realized on both the top and bottom line."
As of June 30, 2011, Sify's total number of issued and outstanding ordinary equity shares was 178.4 million shares. Of this, 38.9 million shares are American Depositary Shares (ADS). The remaining 139.5 million shares held in India, are not deposited as ADS and do not trade on Nasdaq or on any market in the United States or India. As previously reported in Sify's filings with the United States Securities and Exchange Commission (the SEC), in August 2010 the Board of Directors approved the issuance of 125 million shares to Sify's promoter group in a private placement, and the private placement was approved by Sify's shareholders in September 2010.
We refer investors to our previous filings with the SEC for further details on our equity capitalization since the end of the fiscal year March 31, 2010.
BUSINESS HIGHLIGHTS:
Enterprise business
Network services
- Network services saw positive momentum in the first quarter with revenues from Internet growing by 18%.
- The voice business continues to show signs of growth with ILD voice registering about 680Mn minutes for the quarter.
- The hubbing business grew by 55% over last quarter in terms of revenue. Wholesale data carrier revenue registered growth of about 25% over the preceding quarter.
- Our partnership with Global Telcos is also helping in adding new clients to our rooster.
IT Services
- The overall IT services grew significantly; up by 67.4% over the same quarter last year with all core services under IT services showing growth.
- The hosting business grew by 23% vis-a-vis first quarter of last year. New customers have been added from Government and large Enterprise sectors like IT, BFSI and Manufacturing.
- Sify leadership position in Hosting has been reinforced by the "Best Data Centre Award" from CMAI.
- Managed services including Cloud services registered a growth of 18.4% vis-à-vis same quarter last year.
- The System Integration business has grown more than 114% over the same quarter last year. Sify has forged strong alliances with industry leaders and other SI partners.
- Our focused business group for government has started making some sizable wins. Three State Data Centres are on stream for handover.
Commercial & Consumer
- Continuing on it Q-on-Q growth, our retail broadband access points called Mylife outlets is nearing the 2000 mark.
- Sify.com saw 36% growth in visitors. The strong showing was complimented by the launch of several interesting initiatives. Sify.com now ranks among the top 10 portals in India.
- Sify has launched new set of pre-paid broadband products and acquired SOHO/SMB customers from multiple industries including Manufacturing, Dealers, Professionals, Cyber cafes and Retail outlets resulting in a customer base growth of over 75% over the last quarter. About 60% of the signups are happening from Tier 2 & Tier 3 cities.
- The home broadband business is showing stable active base. Product and marketing interventions have seen positive traction.
Sify Software
The business continued its' progress in FY 2011-12 in terms of quarter on quarter core revenue growth and increase in the business size of the existing customers while continually improving the existing product portfolio.
Some of the important achievements that helped achieve this growth were the following:
- The assessment services revenue doubled in Q1 over the previous quarter.
- Sify's engagement with a government of India division was broadened and we were awarded the contract to build a large and very prestigious Mission Mode project in addition to many other new projects.
- Sify launched its' new Messaging product SLEMS 11.0, which now includes improvements over its' previous version in collaboration functions like Calendar, Chat & Mobile Sync. With SLEMS 11.0 advanced functions, Sify now has the ability to offer solutions to both the Mid and Large corporations.
- Sify's eLearning business expanded into new markets in the Gulf countries when it landed a contract to build Online learning modules for an agency in the Middle East mandated with providing International Computer Literacy Skills certification.
About Sify Technologies
Sify is among the largest Managed Enterprise, Network and IT Services companies in India, offering end-to-end solutions with a comprehensive range of products delivered over a common telecom data network infrastructure reaching more than 667 cities and towns in India.
A significant part of the company's revenue is derived from Corporate Services, which include corporate connectivity, network and communications solutions, security, network management services, enterprise applications and hosting. Sify is a recognized ISO 9001:2008 certified service provider for network operations, data center operations and customer support, and for provisioning of VPNs, Internet bandwidth, VoIP solutions and integrated security solutions, and ISO / IEC 20000 - 1:2005 and ISO/IEC 27001:2005 certified for Internet Data Center operations. Sify has also established a credible reputation in the emerging Cloud Computing market and is today regarded as a thought leader in the domain. Sify has licenses to operate NLD (National Long Distance) and ILD (International Long Distance) services and offers VoIP back haul to long distance subscriber telephony services. The company is India's first enterprise managed services provider to launch a Security Operations Center (SOC) to deliver managed security services.
Sify also caters to global markets in the specialized domains of eLearning Services and Remote Infrastructure Management Services.
Sify Software was established with the cumulative experience gained over the last decade in Infrastructure Management, Data centre Operations and the business of Connectivity. It aims to be a solutions company that provides applications and services to improve business efficiencies of its current clients and prospect client bases.
Commercial & Consumer services include broadband home access and the ePort cyber café chain across more than 243 cities and towns in India. Very recently, Sify also introduced a whole host of services for the retail consumer on the Consumer cloud platform, thereby becoming among the first to do so in India. Today, the scope of the Commercial and Consumer services has been broadened to target the SMB/SOHO markets. The consumer services also operate two of the most popular portals in India, Sify.com and Samachar.com.
For more information about Sify, visit www.sifycorp.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.
For a discussion of the risks associated with Sify's business, please see the discussion under the caption "Risk Factors" in the company's Annual Report on Form 20-F for the year ended March 31, 2010, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify's other reports filed with the SEC.
To view the Unaudited Financial Results and the Press Release with Tables, 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/New IFRS Financials for press release.pdf
New IFRS Financials for press release.pdf
http://www.BusinessWireIndia.com/attachments/Press release Q1Yr11-12 FINAL For Press.pdf
Press release Q1Yr11-12 FINAL For Press.pdf
CONTACT DETAILS
Mr. K. V. Kasturi, Investor Relations, Sify Technologies Limited, +91-44-2254-0777 (ext. 2114), kasturi.bashyam@sifycorp.com
Mr. Praveen Krishna,Corporate Communications, Sify Technologies Limited, +91 44 22540777 (extn.2055), praveen.krishna@sifycorp.com
Ms. Trúc Nguyen, Grayling Global, +1-646-284-9400 (ext. 418),, tnguyen@hfgcg.com
Mr. Christopher Chu, Grayling Global, +1-646-284-9400 (ext. 426), christopher.chu@grayling.com
KEYWORDS
ECONOMY, PEOPLE, 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
Source: Sify Technologies Limited
Friday, July 29, 2011 05:16 PM IST (11:46 AM GMT)
Editors: General: Economy, People; Business: Banking & financial services, Business services, Financial Analyst, Information technology, Stock exchanges; Technology
--------------------------------------------------
Sify Reports Revenues of $50.73 Million for First Quarter of Fiscal Year 2011-12
EBITDA for the quarter at US$ 2.80 million
Chennai, Tamil Nadu, India, Friday, July 29, 2011 -- (Business Wire India) -- Sify Technologies Limited (NASDAQ Global Markets: SIFY), a leader in Managed Enterprise, Network and IT Services in India with growing global delivery capabilities, today announced its consolidated results under International Financial Reporting Standards (IFRS) for the first quarter of fiscal year 2011-12.
Performance Highlights Q 1 FY 11-12:
- Sify reported revenues of US $50.73 million for the quarter ended June 30, 2011, about 31% higher than the corresponding quarter of previous year.
- Growth was driven by revenues from Enterprise services which grew 40% over the corresponding quarter previous year: this included a US $10.3 million project executed for a large telecom company.
- EBITDA for the quarter increased to US $ 2.80 million, as compared to US $ 0.51 million in the corresponding quarter previous year.
- Net loss before tax for the quarter was US $ 1.91 million, as against a net loss of US $ 4.05 million in the corresponding quarter previous year.
- Capex during the quarter was US $ 1.68 million. Cash balance at the end of the quarter was US $ 14.99 million and undrawn line of credit of US $ 3.25 million
Mr. Raju Vegesna, Board Chairman and CEO & MD, said, "It gives me great pleasure to report that our recast business structure is beginning to show results. The unbundling of our broad service portfolio and making them available across all customer segments has increased the flexibility and scalability of our business.
Our initiative to focus on Sify software as a separate organisation supporting several application services to carrier, enterprise and small business customers is seeing acceptance and gaining good traction. We believe the service offerings from Sify software will help us realize our vision of transforming from an internal support function to a significant independent revenue maker for the company.
Projects executed for the Indian government have established our reputation as a company that is capable of delivering government projects within the stipulated time. We are now on stream to hand over three State Data Centres.
Post its reorientation towards becoming self sustaining and profitable, the Commercial and Consumer business is beginning to see accelerated growth in the new segments we are focusing on, particularly with the fast-growing SMB and SOHO markets in its ambit. Our Cloud computing infrastructure, one of the first public cloud services offered in India, will emerge as unified platform for customers from retail, SOHOs, SMBs and Enterprise, making the services more cost-effective and scalable.
The Government of India's move to classify the proposed fibre-optic network as a national resource and make it available on equal terms to all operators wishing to provide broadband services will lead to a more level playing field for Sify. It will also allow us to further leverage our investments to deliver value-added services to customers across India. We are ideally positioned to ride the IT services wave in India with our network coverage, data centres footprint across metros and small cities, home-grown applications delivered on the cloud model and our international bandwidth capacity."
Mr. MP Vijay Kumar, Chief Financial Officer, said, "We are now in the process of building additional capacity through our Data Centre build plan, Network expansion and new development plans for Sify Software. The new investments will add to the existing portfolio of our Network presence in 667 cities, 6 Data centres, millions of hours in skilled manpower across different business verticals and an appreciating investment in a financial services entity.
As revenue continues to scale, we expect the anticipated benefits of these investments to be realized on both the top and bottom line."
As of June 30, 2011, Sify's total number of issued and outstanding ordinary equity shares was 178.4 million shares. Of this, 38.9 million shares are American Depositary Shares (ADS). The remaining 139.5 million shares held in India, are not deposited as ADS and do not trade on Nasdaq or on any market in the United States or India. As previously reported in Sify's filings with the United States Securities and Exchange Commission (the SEC), in August 2010 the Board of Directors approved the issuance of 125 million shares to Sify's promoter group in a private placement, and the private placement was approved by Sify's shareholders in September 2010.
We refer investors to our previous filings with the SEC for further details on our equity capitalization since the end of the fiscal year March 31, 2010.
BUSINESS HIGHLIGHTS:
Enterprise business
Network services
- Network services saw positive momentum in the first quarter with revenues from Internet growing by 18%.
- The voice business continues to show signs of growth with ILD voice registering about 680Mn minutes for the quarter.
- The hubbing business grew by 55% over last quarter in terms of revenue. Wholesale data carrier revenue registered growth of about 25% over the preceding quarter.
- Our partnership with Global Telcos is also helping in adding new clients to our rooster.
IT Services
- The overall IT services grew significantly; up by 67.4% over the same quarter last year with all core services under IT services showing growth.
- The hosting business grew by 23% vis-a-vis first quarter of last year. New customers have been added from Government and large Enterprise sectors like IT, BFSI and Manufacturing.
- Sify leadership position in Hosting has been reinforced by the "Best Data Centre Award" from CMAI.
- Managed services including Cloud services registered a growth of 18.4% vis-à-vis same quarter last year.
- The System Integration business has grown more than 114% over the same quarter last year. Sify has forged strong alliances with industry leaders and other SI partners.
- Our focused business group for government has started making some sizable wins. Three State Data Centres are on stream for handover.
Commercial & Consumer
- Continuing on it Q-on-Q growth, our retail broadband access points called Mylife outlets is nearing the 2000 mark.
- Sify.com saw 36% growth in visitors. The strong showing was complimented by the launch of several interesting initiatives. Sify.com now ranks among the top 10 portals in India.
- Sify has launched new set of pre-paid broadband products and acquired SOHO/SMB customers from multiple industries including Manufacturing, Dealers, Professionals, Cyber cafes and Retail outlets resulting in a customer base growth of over 75% over the last quarter. About 60% of the signups are happening from Tier 2 & Tier 3 cities.
- The home broadband business is showing stable active base. Product and marketing interventions have seen positive traction.
Sify Software
The business continued its' progress in FY 2011-12 in terms of quarter on quarter core revenue growth and increase in the business size of the existing customers while continually improving the existing product portfolio.
Some of the important achievements that helped achieve this growth were the following:
- The assessment services revenue doubled in Q1 over the previous quarter.
- Sify's engagement with a government of India division was broadened and we were awarded the contract to build a large and very prestigious Mission Mode project in addition to many other new projects.
- Sify launched its' new Messaging product SLEMS 11.0, which now includes improvements over its' previous version in collaboration functions like Calendar, Chat & Mobile Sync. With SLEMS 11.0 advanced functions, Sify now has the ability to offer solutions to both the Mid and Large corporations.
- Sify's eLearning business expanded into new markets in the Gulf countries when it landed a contract to build Online learning modules for an agency in the Middle East mandated with providing International Computer Literacy Skills certification.
About Sify Technologies
Sify is among the largest Managed Enterprise, Network and IT Services companies in India, offering end-to-end solutions with a comprehensive range of products delivered over a common telecom data network infrastructure reaching more than 667 cities and towns in India.
A significant part of the company's revenue is derived from Corporate Services, which include corporate connectivity, network and communications solutions, security, network management services, enterprise applications and hosting. Sify is a recognized ISO 9001:2008 certified service provider for network operations, data center operations and customer support, and for provisioning of VPNs, Internet bandwidth, VoIP solutions and integrated security solutions, and ISO / IEC 20000 - 1:2005 and ISO/IEC 27001:2005 certified for Internet Data Center operations. Sify has also established a credible reputation in the emerging Cloud Computing market and is today regarded as a thought leader in the domain. Sify has licenses to operate NLD (National Long Distance) and ILD (International Long Distance) services and offers VoIP back haul to long distance subscriber telephony services. The company is India's first enterprise managed services provider to launch a Security Operations Center (SOC) to deliver managed security services.
Sify also caters to global markets in the specialized domains of eLearning Services and Remote Infrastructure Management Services.
Sify Software was established with the cumulative experience gained over the last decade in Infrastructure Management, Data centre Operations and the business of Connectivity. It aims to be a solutions company that provides applications and services to improve business efficiencies of its current clients and prospect client bases.
Commercial & Consumer services include broadband home access and the ePort cyber café chain across more than 243 cities and towns in India. Very recently, Sify also introduced a whole host of services for the retail consumer on the Consumer cloud platform, thereby becoming among the first to do so in India. Today, the scope of the Commercial and Consumer services has been broadened to target the SMB/SOHO markets. The consumer services also operate two of the most popular portals in India, Sify.com and Samachar.com.
For more information about Sify, visit www.sifycorp.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.
For a discussion of the risks associated with Sify's business, please see the discussion under the caption "Risk Factors" in the company's Annual Report on Form 20-F for the year ended March 31, 2010, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify's other reports filed with the SEC.
To view the Unaudited Financial Results and the Press Release with Tables, 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/New IFRS Financials for press release.pdf
New IFRS Financials for press release.pdf
http://www.BusinessWireIndia.com/attachments/Press release Q1Yr11-12 FINAL For Press.pdf
Press release Q1Yr11-12 FINAL For Press.pdf
CONTACT DETAILS
Mr. K. V. Kasturi, Investor Relations, Sify Technologies Limited, +91-44-2254-0777 (ext. 2114), kasturi.bashyam@sifycorp.com
Mr. Praveen Krishna,Corporate Communications, Sify Technologies Limited, +91 44 22540777 (extn.2055), praveen.krishna@sifycorp.com
Ms. Trúc Nguyen, Grayling Global, +1-646-284-9400 (ext. 418),, tnguyen@hfgcg.com
Mr. Christopher Chu, Grayling Global, +1-646-284-9400 (ext. 426), christopher.chu@grayling.com
KEYWORDS
ECONOMY, PEOPLE, 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
BWI: Shell Announces Latest Experts to Join the Seven Riding Wonders Panel
Press release from Business Wire India
Source: Shell Lubricants
Friday, July 29, 2011 04:30 PM IST (11:00 AM GMT)
Editors: General: Consumer interest, People, Sports; Business: Advertising, PR & marketing, Automotives, Business services, Energy companies, Sports; Automotive
--------------------------------------------------
Shell Announces Latest Experts to Join the Seven Riding Wonders Panel
New Delhi, Delhi, India, Friday, July 29, 2011 -- (Business Wire India) -- Shell Advance is excited to welcome on board four new panellists to the Seven Riding Wonders campaign; Nicky Hayden, Michael Knaak, Razlan Razali and Javier Alonso will join current panellists Gao Liang, Aspi Bhatena and Augustus Sani Nugroho.
The Shell Advance Seven Riding Wonders of the World campaign is asking bikers from around the world to vote for their favourite road, route or track, which will determine the Seven Riding Wonders of the World. The seven panellists will all be at the grand final event at the 2011 Shell Advance Malaysian Motorcycle Grand Prix, where they will unveil the world's ultimate Riding Wonder.
Nicky Hayden, the 2006 MotoGP World Champion and Ducati Corse rider "There are many great routes that you can ride. I grew up on dirt bikes, but now I love the race tracks. I love being on the famous race tracks, just you and the bike, especially qualifying, just one lap, put it on the line and go for it.
Michael Knaak, Ducati Technical Partnership Project Leader "The Shell Advance Seven Riding Wonders contains some incredible routes, some I have always wanted to ride! Being from Germany, my ultimate Riding Wonder is Nordschleife of the Nürburgring - it has a great history and the chance to ride on a real race track, combined with the forested scenery, is a great way to test my bike and the Shell products I work with every day."
Razlan Razali, Chief Executive Officer of Sepang International Circuit "I am very privileged to have ridden many great roads in Asia, including the Sepang International Circuit, and the Seven Riding Wonders campaign is filled with so many roads that I would love to ride, especially the route from Bali to Yogya."
Javier Alonso, Dorna, Managing Director of Events and Representative to Race Direction "I have been riding motorbikes since I was a child and have ridden on lots of different types of bikes and roads. In my job I am fortunate to see some of the best race circuits in the world, but for me, I enjoy exploring on my bike and my favourite route is the Bilbao to Perpignan route, although there are many others I would love to explore."
Tanmay Jaswal, Shell Advance Global Marketing Manager "We are honoured to announce four new panellists, who are all experts in their field and share a deep understanding of motorbikes. We believe they will offer real insight into the selection of the Seven Riding Wonders, and ensure that the ultimate Riding Wonder is truly world class."
On the Occasion, Mr. Donald Anderson, Country Head - Lubricants, Shell India Pvt. Ltd. said, "We are excited to welcome these new panellists to our Seven Riding Wonders of the World campaign. We are sure that they will offer expert views that will engage with bikers in India. With only a few weeks to go, we encourage you to vote for Coorg-ooty-Munnar route and you could be in Sepang to watch the 2011 Shell Advance Malaysian Motorcycle Grand Prix and help our panel decide on the ultimate Riding Wonder. Please go to www.shell.com/india/7ridingwonders or SMS "Shell Advance Ooty" to 58888.
Notes to Editors
- The Shell Advance 'Seven Riding Wonders of the World' consumer promotion launched in June and is asking motorcycle enthusiasts from around the world to vote for their favourite riding wonder with the final seven wonders being put to an expert panel to decide the ultimate route to ride on a motorcycle.
- Javier Alonso - Javier joined Dorna in 1992, the same year it won the exclusive commercial and television rights to MotoGP. He's been instrumental in developing the company's all-encompassing approach the World Championship. His passion for motorcycles goes back to childhood. He started riding bikes at 6 years old and competed as an amateur on trials, endurance races and circuits. He likes to get out on the road in his spare time and his favourite route is Bilbao to Perpignan.
- Nicky Hayden - Former MotoGP World Champion Nicky Hayden is now in his third season with Ducati Corse. His love of motorcycles started at just 4 years old, racing dirt bikes around his local dirt track. From amateur dirt track to MotoGP, he's always raced with number 69 - the same number as his father. His first MotoGP race was in Japan in 2003, with his first victory at his home race in the USA in 2005. He went on to win the MotoGP World Championship in 2006. His favourite rides are the famous race tracks, especially qualifying. "It's just you and the bike, just one lap. Put it on the line and go for it." He currently lies in the MotoGP World Championship.
- Michael Knaak - Michael is responsible for the innovation and development of Shell Advance racing lubricant and Shell V-Power racing fuel for Ducati Corse. He also manages the delivery of Shell Advance racing oil and Shell V-Power racing fuel to every track in the world for all 18 rounds of the MotoGP championship and all the track tests. Despite the travel, Michael is an avid biker and his heart will always belong to the great rides, including the forested scenery of Nordschleife of the Nürburgring.
- Razlan Razali - The former Malaysian Super Series rider now has his dream job at the Sepang International Circuit. But for the keen Ducati owner, motorbikes are never far from his mind. He recently did a 4-week ride from Medan to Bali and now wants to push on to Yogya. As a child, he would sneak out to ride bikes behind his parents' backs. Now a parent himself, things are very different. Razali even nicknamed his son Rossi, after his favourite rider.
- Shell Advance Racing oil is the only lubricant used by the Ducati MotoGP factory team for their engine and gearbox package. The commercially available Shell Advance Ultra has almost the same performance package as this oil, which means that the consumer benefits from almost the same technology as the Ducati MotoGP factory team.
- Shell Advance motorcycle oil helps to clean and protect your engine, increasing its responsiveness and helps keep your motorcycle performing at its best for longer.
- As part of the development process, Shell Advance motor oils are tested in the harshest of environments across different continents with different climates. This means that Shell Advance motor oils are uniquely suited to help optimize power output under different temperatures and levels of humidity.
- The majority of components used in the Shell Advance racing oil for Ducati in MotoGP are also used in the commercial range of Shell Advance 4T motorcycle oils.
- The implementation of a mix of highly effective 'optimised friction control' components in the latest blends of Shell Advance racing lubricant helps the Ducati race bike engines to produce significantly more horsepower.
- The latest version of Shell Advance racing oil has been optimised to work with Shell V-Power race fuel, with the aim of reducing fuel consumption and maximising power output and efficiency of the bike.
About Shell Lubricants
The term 'Shell Lubricants' collectively refers to Shell Group companies engaged in the lubricants business. They manufacture and blend products for use in a range of applications from consumer motoring to mining and power generation to commercial transport. Shell's portfolio of lubricant brands includes Pennzoil®, Quaker State®, Shell Rotella T, Shell Helix, Shell Rimula, Shell Tellus, Monarch, a portfolio of car care products and Jiffy Lube®. Shell has leading lubricants research centres around the world: in Germany, Japan, UK, and the US, plus a new presence in India. For the fourth consecutive year, Shell is the number one global lubricants supplier - selling more lubricants in 2009 than any other company in the world, with a 13% share of the market in volume terms (source: Kline & Company report: 'Competitive Intelligence for the Global Lubricants Industry, 2009 - 2019').
About Shell Lubricants India
Shell Lubricants India is a 100% subsidiary of Shell. Shell Lubricants' India operations demonstrate Shell's long-term commitment to India and its support for the country's increasing energy needs. Going forward, the company expects to see much greater availability of Shell lubricants and faster growth in the market as it wins new customers. Shell Lubricants' customers in India include Wartsila, Maruti Suzuki, Hyundai, Ford and Thermax.
To view the photograph, please click on the link given below:
Four new panellists to the Seven Riding Wonders campaign (From L_R), Michael Knaak, Nicky Hayden,Javier Alonso and Razlan Razali
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Pic_1(477).jpg
Four new panellists to the Seven Riding Wonders campaign (From L_R), Michael Knaak, Nicky Hayden,Javier Alonso and Razlan Razali
CONTACT DETAILS
Nidhi Malik, Shell Lubricants, + 91 9810120557
Madhavi Kochar, 20:20 MEDIA, + 91 9810788188
Chetna Sharma, 20:20 MEDIA, +91 8800598786
KEYWORDS
CONSUMER, PEOPLE, SPORTS, MARKETING, AUTOMOTIVE, BUSINESS SERVICES, ENERGY, AUTOMOTIVE
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: Shell Lubricants
Friday, July 29, 2011 04:30 PM IST (11:00 AM GMT)
Editors: General: Consumer interest, People, Sports; Business: Advertising, PR & marketing, Automotives, Business services, Energy companies, Sports; Automotive
--------------------------------------------------
Shell Announces Latest Experts to Join the Seven Riding Wonders Panel
New Delhi, Delhi, India, Friday, July 29, 2011 -- (Business Wire India) -- Shell Advance is excited to welcome on board four new panellists to the Seven Riding Wonders campaign; Nicky Hayden, Michael Knaak, Razlan Razali and Javier Alonso will join current panellists Gao Liang, Aspi Bhatena and Augustus Sani Nugroho.
The Shell Advance Seven Riding Wonders of the World campaign is asking bikers from around the world to vote for their favourite road, route or track, which will determine the Seven Riding Wonders of the World. The seven panellists will all be at the grand final event at the 2011 Shell Advance Malaysian Motorcycle Grand Prix, where they will unveil the world's ultimate Riding Wonder.
Nicky Hayden, the 2006 MotoGP World Champion and Ducati Corse rider "There are many great routes that you can ride. I grew up on dirt bikes, but now I love the race tracks. I love being on the famous race tracks, just you and the bike, especially qualifying, just one lap, put it on the line and go for it.
Michael Knaak, Ducati Technical Partnership Project Leader "The Shell Advance Seven Riding Wonders contains some incredible routes, some I have always wanted to ride! Being from Germany, my ultimate Riding Wonder is Nordschleife of the Nürburgring - it has a great history and the chance to ride on a real race track, combined with the forested scenery, is a great way to test my bike and the Shell products I work with every day."
Razlan Razali, Chief Executive Officer of Sepang International Circuit "I am very privileged to have ridden many great roads in Asia, including the Sepang International Circuit, and the Seven Riding Wonders campaign is filled with so many roads that I would love to ride, especially the route from Bali to Yogya."
Javier Alonso, Dorna, Managing Director of Events and Representative to Race Direction "I have been riding motorbikes since I was a child and have ridden on lots of different types of bikes and roads. In my job I am fortunate to see some of the best race circuits in the world, but for me, I enjoy exploring on my bike and my favourite route is the Bilbao to Perpignan route, although there are many others I would love to explore."
Tanmay Jaswal, Shell Advance Global Marketing Manager "We are honoured to announce four new panellists, who are all experts in their field and share a deep understanding of motorbikes. We believe they will offer real insight into the selection of the Seven Riding Wonders, and ensure that the ultimate Riding Wonder is truly world class."
On the Occasion, Mr. Donald Anderson, Country Head - Lubricants, Shell India Pvt. Ltd. said, "We are excited to welcome these new panellists to our Seven Riding Wonders of the World campaign. We are sure that they will offer expert views that will engage with bikers in India. With only a few weeks to go, we encourage you to vote for Coorg-ooty-Munnar route and you could be in Sepang to watch the 2011 Shell Advance Malaysian Motorcycle Grand Prix and help our panel decide on the ultimate Riding Wonder. Please go to www.shell.com/india/7ridingwonders or SMS "Shell Advance Ooty" to 58888.
Notes to Editors
- The Shell Advance 'Seven Riding Wonders of the World' consumer promotion launched in June and is asking motorcycle enthusiasts from around the world to vote for their favourite riding wonder with the final seven wonders being put to an expert panel to decide the ultimate route to ride on a motorcycle.
- Javier Alonso - Javier joined Dorna in 1992, the same year it won the exclusive commercial and television rights to MotoGP. He's been instrumental in developing the company's all-encompassing approach the World Championship. His passion for motorcycles goes back to childhood. He started riding bikes at 6 years old and competed as an amateur on trials, endurance races and circuits. He likes to get out on the road in his spare time and his favourite route is Bilbao to Perpignan.
- Nicky Hayden - Former MotoGP World Champion Nicky Hayden is now in his third season with Ducati Corse. His love of motorcycles started at just 4 years old, racing dirt bikes around his local dirt track. From amateur dirt track to MotoGP, he's always raced with number 69 - the same number as his father. His first MotoGP race was in Japan in 2003, with his first victory at his home race in the USA in 2005. He went on to win the MotoGP World Championship in 2006. His favourite rides are the famous race tracks, especially qualifying. "It's just you and the bike, just one lap. Put it on the line and go for it." He currently lies
- Michael Knaak - Michael is responsible for the innovation and development of Shell Advance racing lubricant and Shell V-Power racing fuel for Ducati Corse. He also manages the delivery of Shell Advance racing oil and Shell V-Power racing fuel to every track in the world for all 18 rounds of the MotoGP championship and all the track tests. Despite the travel, Michael is an avid biker and his heart will always belong to the great rides, including the forested scenery of Nordschleife of the Nürburgring.
- Razlan Razali - The former Malaysian Super Series rider now has his dream job at the Sepang International Circuit. But for the keen Ducati owner, motorbikes are never far from his mind. He recently did a 4-week ride from Medan to Bali and now wants to push on to Yogya. As a child, he would sneak out to ride bikes behind his parents' backs. Now a parent himself, things are very different. Razali even nicknamed his son Rossi, after his favourite rider.
- Shell Advance Racing oil is the only lubricant used by the Ducati MotoGP factory team for their engine and gearbox package. The commercially available Shell Advance Ultra has almost the same performance package as this oil, which means that the consumer benefits from almost the same technology as the Ducati MotoGP factory team.
- Shell Advance motorcycle oil helps to clean and protect your engine, increasing its responsiveness and helps keep your motorcycle performing at its best for longer.
- As part of the development process, Shell Advance motor oils are tested in the harshest of environments across different continents with different climates. This means that Shell Advance motor oils are uniquely suited to help optimize power output under different temperatures and levels of humidity.
- The majority of components used in the Shell Advance racing oil for Ducati in MotoGP are also used in the commercial range of Shell Advance 4T motorcycle oils.
- The implementation of a mix of highly effective 'optimised friction control' components in the latest blends of Shell Advance racing lubricant helps the Ducati race bike engines to produce significantly more horsepower.
- The latest version of Shell Advance racing oil has been optimised to work with Shell V-Power race fuel, with the aim of reducing fuel consumption and maximising power output and efficiency of the bike.
About Shell Lubricants
The term 'Shell Lubricants' collectively refers to Shell Group companies engaged in the lubricants business. They manufacture and blend products for use in a range of applications from consumer motoring to mining and power generation to commercial transport. Shell's portfolio of lubricant brands includes Pennzoil®, Quaker State®, Shell Rotella T, Shell Helix, Shell Rimula, Shell Tellus, Monarch, a portfolio of car care products and Jiffy Lube®. Shell has leading lubricants research centres around the world: in Germany, Japan, UK, and the US, plus a new presence in India. For the fourth consecutive year, Shell is the number one global lubricants supplier - selling more lubricants in 2009 than any other company in the world, with a 13% share of the market in volume terms (source: Kline & Company report: 'Competitive Intelligence for the Global Lubricants Industry, 2009 - 2019').
About Shell Lubricants India
Shell Lubricants India is a 100% subsidiary of Shell. Shell Lubricants' India operations demonstrate Shell's long-term commitment to India and its support for the country's increasing energy needs. Going forward, the company expects to see much greater availability of Shell lubricants and faster growth in the market as it wins new customers. Shell Lubricants' customers in India include Wartsila, Maruti Suzuki, Hyundai, Ford and Thermax.
To view the photograph, please click on the link given below:
Four new panellists to the Seven Riding Wonders campaign (From L_R), Michael Knaak, Nicky Hayden,Javier Alonso and Razlan Razali
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Pic_1(477).jpg
Four new panellists to the Seven Riding Wonders campaign (From L_R), Michael Knaak, Nicky Hayden,Javier Alonso and Razlan Razali
CONTACT DETAILS
Nidhi Malik, Shell Lubricants, + 91 9810120557
Madhavi Kochar, 20:20 MEDIA, + 91 9810788188
Chetna Sharma, 20:20 MEDIA, +91 8800598786
KEYWORDS
CONSUMER, PEOPLE, SPORTS, MARKETING, AUTOMOTIVE, BUSINESS SERVICES, ENERGY, AUTOMOTIVE
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: Khushro Jalnawala to Make Difference in this Pune Monsoon Racing Season 2011
Press release from Business Wire India
Source: Khushro Jalnawala
Friday, July 29, 2011 03:31 PM IST (10:01 AM GMT)
Editors: General: Consumer interest, Entertainment, Lifestyle, People, Sports; Business: Advertising, PR & marketing, Business services, Real estate, Sports
--------------------------------------------------
Khushro Jalnawala to Make Difference in this Pune Monsoon Racing Season 2011
New Delhi, Delhi, India, Friday, July 29, 2011 -- (Business Wire India) -- The Pune Monsoon Racing Season has started from July 21 at the Turf Club. The prize money for the season, at Rs. 7.38 crore, represents a new high, up by 7.5 per cent from the 2010 season. The season will see a record number of millions as well - with six in the classic crop races, eight for the older horses, and the first ever two-year-old million races in the country.
Khushro Jalnawala is the most whispered name in the horse racing industry these days. Biggest races of Pune Monsoon racing season are scheduled for 7th August 2011 for Havovi Khushro Jalnawala Multi Million trophy & the Khushro K Jalnawala turf club trophy. He sponsors horse races in a big way, and after 2 million races last season, he has now upgraded by sponsoring the Mysore Million, the Havovi Khushro Jalnawala Multi Million, Khushro K Jalnawala Gold Cup and the Khushro K Jalnawala turf club trophy. He is known for buying horses in the industry and for making sure that they turn out champions.
Khushro is a pioneer with a good sense of business, he entered into a business of property as a profession and is a renowned name today among the cream de la cream of India. His journey as a horse owner started 3 years back, when he discovered a knack of turning the laggard horses into champions. This started when he was in Hyderabad and he came to know that a 5 years old horse Debonair was at sale. Khushro with his luck and efforts won first race with Debonair and earned fame in the industry. Since then he started investing in the left over horses in the industry, trained them and turned them to champions. This quality of his makes him special among the best.
The thundering of hooves and horses running with full potency are pounding the green turf at the Race Course and it is observed that the races this year have better turnout of race goers. The horses are in a better condition too due to the change in weather. The city's racing fraternity has geared up for this annual fiesta that brings horses of all types for the racing season at the Royal Western India Turf Club.
To view the photograph, please click on the link given below:
Khushro Jalnawala
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Pic_1(476).jpg
Khushro Jalnawala
CONTACT DETAILS
Ritu Chopra, Sky Public Relations, +91 9811548209
KEYWORDS
CONSUMER, ENTERTAINMENT, LIFESTYLE, PEOPLE, SPORTS, MARKETING, BUSINESS SERVICES, 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: Khushro Jalnawala
Friday, July 29, 2011 03:31 PM IST (10:01 AM GMT)
Editors: General: Consumer interest, Entertainment, Lifestyle, People, Sports; Business: Advertising, PR & marketing, Business services, Real estate, Sports
--------------------------------------------------
Khushro Jalnawala to Make Difference in this Pune Monsoon Racing Season 2011
New Delhi, Delhi, India, Friday, July 29, 2011 -- (Business Wire India) -- The Pune Monsoon Racing Season has started from July 21 at the Turf Club. The prize money for the season, at Rs. 7.38 crore, represents a new high, up by 7.5 per cent from the 2010 season. The season will see a record number of millions as well - with six in the classic crop races, eight for the older horses, and the first ever two-year-old million races in the country.
Khushro Jalnawala is the most whispered name in the horse racing industry these days. Biggest races of Pune Monsoon racing season are scheduled for 7th August 2011 for Havovi Khushro Jalnawala Multi Million trophy & the Khushro K Jalnawala turf club trophy. He sponsors horse races in a big way, and after 2 million races last season, he has now upgraded by sponsoring the Mysore Million, the Havovi Khushro Jalnawala Multi Million, Khushro K Jalnawala Gold Cup and the Khushro K Jalnawala turf club trophy. He is known for buying horses in the industry and for making sure that they turn out champions.
Khushro is a pioneer with a good sense of business, he entered into a business of property as a profession and is a renowned name today among the cream de la cream of India. His journey as a horse owner started 3 years back, when he discovered a knack of turning the laggard horses into champions. This started when he was in Hyderabad and he came to know that a 5 years old horse Debonair was at sale. Khushro with his luck and efforts won first race with Debonair and earned fame in the industry. Since then he started investing in the left over horses in the industry, trained them and turned them to champions. This quality of his makes him special among the best.
The thundering of hooves and horses running with full potency are pounding the green turf at the Race Course and it is observed that the races this year have better turnout of race goers. The horses are in a better condition too due to the change in weather. The city's racing fraternity has geared up for this annual fiesta that brings horses of all types for the racing season at the Royal Western India Turf Club.
To view the photograph, please click on the link given below:
Khushro Jalnawala
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Pic_1(476).jpg
Khushro Jalnawala
CONTACT DETAILS
Ritu Chopra, Sky Public Relations, +91 9811548209
KEYWORDS
CONSUMER, ENTERTAINMENT, LIFESTYLE, PEOPLE, SPORTS, MARKETING, BUSINESS SERVICES, REAL ESTATE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Khushro Jalnawala to Make Difference in this Pune Monsoon Racing Season 2011
Press release from Business Wire India
Source: Khushro Jalnawala
Friday, July 29, 2011 03:31 PM IST (10:01 AM GMT)
Editors: General: Consumer interest, Entertainment, Lifestyle, People, Sports; Business: Advertising, PR & marketing, Business services, Real estate, Sports
--------------------------------------------------
Khushro Jalnawala to Make Difference in this Pune Monsoon Racing Season 2011
New Delhi, Delhi, India, Friday, July 29, 2011 -- (Business Wire India) -- The Pune Monsoon Racing Season has started from July 21 at the Turf Club. The prize money for the season, at Rs. 7.38 crore, represents a new high, up by 7.5 per cent from the 2010 season. The season will see a record number of millions as well - with six in the classic crop races, eight for the older horses, and the first ever two-year-old million races in the country.
Khushro Jalnawala is the most whispered name in the horse racing industry these days. Biggest races of Pune Monsoon racing season are scheduled for 7th August 2011 for Havovi Khushro Jalnawala Multi Million trophy & the Khushro K Jalnawala turf club trophy. He sponsors horse races in a big way, and after 2 million races last season, he has now upgraded by sponsoring the Mysore Million, the Havovi Khushro Jalnawala Multi Million, Khushro K Jalnawala Gold Cup and the Khushro K Jalnawala turf club trophy. He is known for buying horses in the industry and for making sure that they turn out champions.
Khushro is a pioneer with a good sense of business, he entered into a business of property as a profession and is a renowned name today among the cream de la cream of India. His journey as a horse owner started 3 years back, when he discovered a knack of turning the laggard horses into champions. This started when he was in Hyderabad and he came to know that a 5 years old horse Debonair was at sale. Khushro with his luck and efforts won first race with Debonair and earned fame in the industry. Since then he started investing in the left over horses in the industry, trained them and turned them to champions. This quality of his makes him special among the best.
The thundering of hooves and horses running with full potency are pounding the green turf at the Race Course and it is observed that the races this year have better turnout of race goers. The horses are in a better condition too due to the change in weather. The city's racing fraternity has geared up for this annual fiesta that brings horses of all types for the racing season at the Royal Western India Turf Club.
To view the photograph, please click on the link given below:
Khushro Jalnawala
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Pic_1(476).jpg
Khushro Jalnawala
CONTACT DETAILS
Ritu Chopra, Sky Public Relations, +91 9811548209
KEYWORDS
CONSUMER, ENTERTAINMENT, LIFESTYLE, PEOPLE, SPORTS, MARKETING, BUSINESS SERVICES, 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: Khushro Jalnawala
Friday, July 29, 2011 03:31 PM IST (10:01 AM GMT)
Editors: General: Consumer interest, Entertainment, Lifestyle, People, Sports; Business: Advertising, PR & marketing, Business services, Real estate, Sports
--------------------------------------------------
Khushro Jalnawala to Make Difference in this Pune Monsoon Racing Season 2011
New Delhi, Delhi, India, Friday, July 29, 2011 -- (Business Wire India) -- The Pune Monsoon Racing Season has started from July 21 at the Turf Club. The prize money for the season, at Rs. 7.38 crore, represents a new high, up by 7.5 per cent from the 2010 season. The season will see a record number of millions as well - with six in the classic crop races, eight for the older horses, and the first ever two-year-old million races in the country.
Khushro Jalnawala is the most whispered name in the horse racing industry these days. Biggest races of Pune Monsoon racing season are scheduled for 7th August 2011 for Havovi Khushro Jalnawala Multi Million trophy & the Khushro K Jalnawala turf club trophy. He sponsors horse races in a big way, and after 2 million races last season, he has now upgraded by sponsoring the Mysore Million, the Havovi Khushro Jalnawala Multi Million, Khushro K Jalnawala Gold Cup and the Khushro K Jalnawala turf club trophy. He is known for buying horses in the industry and for making sure that they turn out champions.
Khushro is a pioneer with a good sense of business, he entered into a business of property as a profession and is a renowned name today among the cream de la cream of India. His journey as a horse owner started 3 years back, when he discovered a knack of turning the laggard horses into champions. This started when he was in Hyderabad and he came to know that a 5 years old horse Debonair was at sale. Khushro with his luck and efforts won first race with Debonair and earned fame in the industry. Since then he started investing in the left over horses in the industry, trained them and turned them to champions. This quality of his makes him special among the best.
The thundering of hooves and horses running with full potency are pounding the green turf at the Race Course and it is observed that the races this year have better turnout of race goers. The horses are in a better condition too due to the change in weather. The city's racing fraternity has geared up for this annual fiesta that brings horses of all types for the racing season at the Royal Western India Turf Club.
To view the photograph, please click on the link given below:
Khushro Jalnawala
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Pic_1(476).jpg
Khushro Jalnawala
CONTACT DETAILS
Ritu Chopra, Sky Public Relations, +91 9811548209
KEYWORDS
CONSUMER, ENTERTAINMENT, LIFESTYLE, PEOPLE, SPORTS, MARKETING, BUSINESS SERVICES, REAL ESTATE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Steria Reports Organic Revenue Growth of 5.6% in the Second Quarter of 2011
Press release from Business Wire India
Source: Steria
Friday, July 29, 2011 02:27 PM IST (08:57 AM GMT)
Editors: General: Consumer interest, Economy; Business: Banking & financial services, Business services, Financial Analyst, Information technology, Stock exchanges; Technology
--------------------------------------------------
Steria Reports Organic Revenue Growth of 5.6% in the Second Quarter of 2011
15.5% increase in underlying attributable net income in the first half of 2011
Noida, Uttar Pradesh, Pune, Maharashtra and Chennai, Tamil Nadu, India, Friday, July 29, 2011 -- (Business Wire India) -- -- Like-for-like revenue increased by 3.4% in the first half of 2011 relative to the first half of 2010.
-- Revenue growth saw a marked acceleration during the second quarter to +5.6% compared with +1.3% during the first quarter thanks to a continued positive dynamic in Continental Europe and a return to growth in the United Kingdom.
-- The operating margin[1] was stable versus the first half of 2010, leading to an operating margin rate of 6.7%.
-- First half 2011 attributable net income increased by 15.5% to ?38.3 million.
-- The pipeline, measured as a multiple of revenues, saw growth across all regions and stood at 2.5 times versus 2.2 times at the end of June 2010.
On July 28, 2011, the Supervisory Board of Groupe Steria SCA examined the consolidated financial statements submitted by the General Management.
Second quarter 2011 activity
During the second quarter 2011, the Group enjoyed a good commercial dynamic which continued in the month of June despite an unsettled European environment.
On a like-for-like basis, revenue growth in second quarter 2011 revenues saw a marked acceleration to +5.6% compared with +1.3% during the first quarter of 2011. This increase was mainly explained by a return to revenue growth in the United Kingdom and an acceleration in the revenue growth of the Other Europe zone.
At the end of the first half 2011, the book to bill ratio stood at 1.03 (compared with 1.13 at June 30, 2010, a figure that had been significantly inflated during June 2010 by the Cleveland Police contract amounting to ?200 million).
At June 30, 2011, the pipeline, measured as a multiple of revenue, was up across all the Group's geographic areas and stood at 2.5 times versus 2.2 times in the previous year.
-- In the United Kingdom, excluding currency impact, revenue growth was in line with expectations, returning to positive territory during the second quarter with growth of 3.4% versus the second quarter of 2010. A significant highlight of the quarter was the first contract extension with the Cleveland Police Authority increasing the scope of activities. This extension to the original contract illustrates both the Group's effectiveness in terms of service execution and the potential scope for generating cost savings in the UK public sector via Business Process Outsourcing services. It should also be noted that NHS SBS, Steria's joint venture with the NHS, recorded 20.5% revenue growth for the first half[5]. At June 30 2011, the book to bill ratio stood at 0.94 with the pipeline increasing to 2.6 times revenue versus 2.3 times at June 30, 2010.
-- In France, organic revenue growth amounted to 3.8%. Second quarter activity remained dynamic and was notably characterised by a strong trend in the public and financial sectors. At June 30, 2011, the book to bill ratio was similar to that of the previous year at 1.05.
-- In Germany, organic revenue growth was 4.3% driven by a strong dynamic in the public sector. New orders saw a significant increase enabling the book to bill ratio to reach 1.16 at June 30, 2011 versus 0.98 in the previous year.
-- The Other Europe region made strong progress during the first half 2011 with like-for-like revenue growth of 14.7%. Scandinavia, Belgium/Luxembourg and Switzerland all posted double-digit growth rates whilst revenue in Spain decreased during the quarter. At June 30, 2011, the book to bill ratio for the region stood at 1.09 versus 0.99 at June 30, 2010.
Results for the first half 2011
For the first half of 2011, the Group's operating margin1 amounted to ?57.6 million versus ?57.1 million in 2010, leading to an operating margin rate of 6.7%.
The other income and operating expenses for the half year notably included ?7.8 million of non-recurring costs linked to the rationalisation and optimisation of premises during 2011 in France and India within the framework of the transformation programmes implemented by the Group.
Net financial expense saw a significant improvement to -?1.7 million (versus -?9.7 million in the first half 2010) mainly due to a marked reduction in the net cost of financing.
Attributable net income amounted to ?22.0 million during the first half 2011 compared with ?25.2 million in 2010. Excluding non-recurring items including those linked to the rationalisation of buildings, attributable net income rose by 15.5% to ?38.3 million.
Outlook
The Group confirms its full year 2011 guidance for organic revenue growth of between 3% and 4% and an operating margin rate1 at least equal to that of 2010.
An information meeting on the first half 2011 results will take place on July 29, 2011 at 9:00am CET by webcast at www.steria.com (investors section).
Next publication: third quarter 2011 revenue on Wednesday November 2, 2011 after market close
Appendices: Consolidated income statement, consolidated balance sheet, summary cash flow statement and operating margin rate1 by geographical region at June 30, 2011.
A video interview with François Enaud, General Manager of Steria SCA can be viewed at www.steria.com
To view the press release with tables, please click on the link given below:
Press release with tables
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Steria.pdf
Steria.pdf
CONTACT DETAILS
Sachdev Ramakrishna, Director - Marketing, Steria India Ltd., +91 (120) 4085000 X 5319, sachdev.ramakrishna@steria.co.in
KEYWORDS
CONSUMER, ECONOMY, BANKING, BUSINESS SERVICES, Financial Analyst, IT, STOCK EXCHANGES, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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Source: Steria
Friday, July 29, 2011 02:27 PM IST (08:57 AM GMT)
Editors: General: Consumer interest, Economy; Business: Banking & financial services, Business services, Financial Analyst, Information technology, Stock exchanges; Technology
--------------------------------------------------
Steria Reports Organic Revenue Growth of 5.6% in the Second Quarter of 2011
15.5% increase in underlying attributable net income in the first half of 2011
Noida, Uttar Pradesh, Pune, Maharashtra and Chennai, Tamil Nadu, India, Friday, July 29, 2011 -- (Business Wire India) -- -- Like-for-like revenue increased by 3.4% in the first half of 2011 relative to the first half of 2010.
-- Revenue growth saw a marked acceleration during the second quarter to +5.6% compared with +1.3% during the first quarter thanks to a continued positive dynamic in Continental Europe and a return to growth in the United Kingdom.
-- The operating margin[1] was stable versus the first half of 2010, leading to an operating margin rate of 6.7%.
-- First half 2011 attributable net income increased by 15.5% to ?38.3 million.
-- The pipeline, measured as a multiple of revenues, saw growth across all regions and stood at 2.5 times versus 2.2 times at the end of June 2010.
On July 28, 2011, the Supervisory Board of Groupe Steria SCA examined the consolidated financial statements submitted by the General Management.
Second quarter 2011 activity
During the second quarter 2011, the Group enjoyed a good commercial dynamic which continued in the month of June despite an unsettled European environment.
On a like-for-like basis, revenue growth in second quarter 2011 revenues saw a marked acceleration to +5.6% compared with +1.3% during the first quarter of 2011. This increase was mainly explained by a return to revenue growth in the United Kingdom and an acceleration in the revenue growth of the Other Europe zone.
At the end of the first half 2011, the book to bill ratio stood at 1.03 (compared with 1.13 at June 30, 2010, a figure that had been significantly inflated during June 2010 by the Cleveland Police contract amounting to ?200 million).
At June 30, 2011, the pipeline, measured as a multiple of revenue, was up across all the Group's geographic areas and stood at 2.5 times versus 2.2 times in the previous year.
-- In the United Kingdom, excluding currency impact, revenue growth was in line with expectations, returning to positive territory during the second quarter with growth of 3.4% versus the second quarter of 2010. A significant highlight of the quarter was the first contract extension with the Cleveland Police Authority increasing the scope of activities. This extension to the original contract illustrates both the Group's effectiveness in terms of service execution and the potential scope for generating cost savings in the UK public sector via Business Process Outsourcing services. It should also be noted that NHS SBS, Steria's joint venture with the NHS, recorded 20.5% revenue growth for the first half[5]. At June 30 2011, the book to bill ratio stood at 0.94 with the pipeline increasing to 2.6 times revenue versus 2.3 times at June 30, 2010.
-- In France, organic revenue growth amounted to 3.8%. Second quarter activity remained dynamic and was notably characterised by a strong trend in the public and financial sectors. At June 30, 2011, the book to bill ratio was similar to that of the previous year at 1.05.
-- In Germany, organic revenue growth was 4.3% driven by a strong dynamic in the public sector. New orders saw a significant increase enabling the book to bill ratio to reach 1.16 at June 30, 2011 versus 0.98 in the previous year.
-- The Other Europe region made strong progress during the first half 2011 with like-for-like revenue growth of 14.7%. Scandinavia, Belgium/Luxembourg and Switzerland all posted double-digit growth rates whilst revenue in Spain decreased during the quarter. At June 30, 2011, the book to bill ratio for the region stood at 1.09 versus 0.99 at June 30, 2010.
Results for the first half 2011
For the first half of 2011, the Group's operating margin1 amounted to ?57.6 million versus ?57.1 million in 2010, leading to an operating margin rate of 6.7%.
The other income and operating expenses for the half year notably included ?7.8 million of non-recurring costs linked to the rationalisation and optimisation of premises during 2011 in France and India within the framework of the transformation programmes implemented by the Group.
Net financial expense saw a significant improvement to -?1.7 million (versus -?9.7 million in the first half 2010) mainly due to a marked reduction in the net cost of financing.
Attributable net income amounted to ?22.0 million during the first half 2011 compared with ?25.2 million in 2010. Excluding non-recurring items including those linked to the rationalisation of buildings, attributable net income rose by 15.5% to ?38.3 million.
Outlook
The Group confirms its full year 2011 guidance for organic revenue growth of between 3% and 4% and an operating margin rate1 at least equal to that of 2010.
An information meeting on the first half 2011 results will take place on July 29, 2011 at 9:00am CET by webcast at www.steria.com (investors section).
Next publication: third quarter 2011 revenue on Wednesday November 2, 2011 after market close
Appendices: Consolidated income statement, consolidated balance sheet, summary cash flow statement and operating margin rate1 by geographical region at June 30, 2011.
A video interview with François Enaud, General Manager of Steria SCA can be viewed at www.steria.com
To view the press release with tables, please click on the link given below:
Press release with tables
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Steria.pdf
Steria.pdf
CONTACT DETAILS
Sachdev Ramakrishna, Director - Marketing, Steria India Ltd., +91 (120) 4085000 X 5319, sachdev.ramakrishna@steria.co.in
KEYWORDS
CONSUMER, ECONOMY, BANKING, BUSINESS SERVICES, Financial Analyst, IT, STOCK EXCHANGES, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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BWI: Brickwork Finance Academy Launches 9 - Month PGP in Finance
Press release from Business Wire India
Source: Brickwork Finance Academy
Friday, July 29, 2011 02:25 PM IST (08:55 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst, Information technology
--------------------------------------------------
Brickwork Finance Academy Launches 9 - Month PGP in Finance
Bangalore, Karnataka, India, Friday, July 29, 2011 -- (Business Wire India) -- Brickwork Finance Academy (BFA), a non-profit organization based in Bangalore, announced the launch of its flagship Post Graduate Program in Finance (PGP). BFA's PGP is for working people aspiring for a career in finance. It is a 9 - Month program with classes held on Saturdays. The program comprises of four modules: Basics of Financial Analysis, Investment Management, Credit Management and Risk Management. In addition to classroom sessions, participants are expected to undertake a project work in finance to enhance their knowledge. BFA's faculty pool comprises of industry experts, renowned academicians, faculty of international repute and successful leaders in the field of finance.
Prof. KRS Murthy, Mentor and Advisor, BFA, former Director of Indian Institute of Management as well as a board member of National Stock Exchange spoke on the occasion saying, "Integration of financial markets is giving rise to increasing complex products, which while mitigating a variety of risks, is also subject to various contingencies across the globe. Dealing with them, while a necessity, is both an opportunity and a challenge. This requires specialization in finance that is not possible in a typical MBA/PGDM course. BFA, with its knowledge and network of practice aims at equipping participants to deal effectively with this challenge / opportunity and play a distinctive role in a host of companies in the financial sector."
Speaking on the launch, Prof. Vivek Kulkarni, President BFA and Adjunct Professor, Indian Institute of Science, said, "BFA's PGP is meant for working professionals who find their jobs monotonous and are looking for career growth in BFSI sector of IT industry. The program prepares the candidates for jobs in investment banks, commercial banks, mutual funds, insurance companies, private equity, rating agencies, asset reconstruction companies, pension funds - both Indian and international financial markets."
The course begins on 21 January 2012. The program accepts only a limited number of graduates, with good academic records. Candidates with work experience will be preferred. BFA does not have its own written test but accepts scores of relevant competitive exams like GMAT, CAT, MAT, JMAT, etc.
BFA's PGP emphasizes on finance. The curriculum uses international textbooks and offers hands-on experience in financial markets and applications using practical case studies and various third party databases. In addition, it offers internship / placement opportunities at two excellent organizations - Brickwork India, a reputed KPO and Brickwork Ratings, a SEBI registered Credit Rating Agency.
About BFA
Brickwork Finance Academy is a non-profit organization committed to create intellectual capital in the field of finance. Brickwork offers its flagship PGP in finance. In addition, BFA offers short training programs for executives in the field of Project Finance, Working Capital Management, Derivatives, and Financial Modeling in Excel. BFA also offers customized modules in BFSI sectors for IT companies. These programs cover commercial banking, investment banking, capital markets, insurance and mutual funds areas. Prof. Vivek Kulkarni, former IT Secretary and founder of Brickwork Ratings, is the President of BFA. For more information, please visit www.bfa-india.org.
To view the photograph, please click on the link given below:
BFA-PGP-PressConf-July2011-Photo1
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/1(94).JPG
1(94).JPG
CONTACT DETAILS
MP Raghavendra, Brickwork Finance Academy, +91 9743437999, raghavendra.mp@bfa-india.org
Anitha Girish, Brickwork Finance Academy, +91 9900268535, anitha.g@bfa-india.org
Arti Rawat, Brickwork Finance Academy, +91 9845790316, arti.r@bfa-iindia.org
KEYWORDS
CONSUMER, MARKETING, BANKING, BUSINESS SERVICES, Financial Analyst, IT
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: Brickwork Finance Academy
Friday, July 29, 2011 02:25 PM IST (08:55 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst, Information technology
--------------------------------------------------
Brickwork Finance Academy Launches 9 - Month PGP in Finance
Bangalore, Karnataka, India, Friday, July 29, 2011 -- (Business Wire India) -- Brickwork Finance Academy (BFA), a non-profit organization based in Bangalore, announced the launch of its flagship Post Graduate Program in Finance (PGP). BFA's PGP is for working people aspiring for a career in finance. It is a 9 - Month program with classes held on Saturdays. The program comprises of four modules: Basics of Financial Analysis, Investment Management, Credit Management and Risk Management. In addition to classroom sessions, participants are expected to undertake a project work in finance to enhance their knowledge. BFA's faculty pool comprises of industry experts, renowned academicians, faculty of international repute and successful leaders in the field of finance.
Prof. KRS Murthy, Mentor and Advisor, BFA, former Director of Indian Institute of Management as well as a board member of National Stock Exchange spoke on the occasion saying, "Integration of financial markets is giving rise to increasing complex products, which while mitigating a variety of risks, is also subject to various contingencies across the globe. Dealing with them, while a necessity, is both an opportunity and a challenge. This requires specialization in finance that is not possible in a typical MBA/PGDM course. BFA, with its knowledge and network of practice aims at equipping participants to deal effectively with this challenge / opportunity and play a distinctive role in a host of companies in the financial sector."
Speaking on the launch, Prof. Vivek Kulkarni, President BFA and Adjunct Professor, Indian Institute of Science, said, "BFA's PGP is meant for working professionals who find their jobs monotonous and are looking for career growth in BFSI sector of IT industry. The program prepares the candidates for jobs in investment banks, commercial banks, mutual funds, insurance companies, private equity, rating agencies, asset reconstruction companies, pension funds - both Indian and international financial markets."
The course begins on 21 January 2012. The program accepts only a limited number of graduates, with good academic records. Candidates with work experience will be preferred. BFA does not have its own written test but accepts scores of relevant competitive exams like GMAT, CAT, MAT, JMAT, etc.
BFA's PGP emphasizes on finance. The curriculum uses international textbooks and offers hands-on experience in financial markets and applications using practical case studies and various third party databases. In addition, it offers internship / placement opportunities at two excellent organizations - Brickwork India, a reputed KPO and Brickwork Ratings, a SEBI registered Credit Rating Agency.
About BFA
Brickwork Finance Academy is a non-profit organization committed to create intellectual capital in the field of finance. Brickwork offers its flagship PGP in finance. In addition, BFA offers short training programs for executives in the field of Project Finance, Working Capital Management, Derivatives, and Financial Modeling in Excel. BFA also offers customized modules in BFSI sectors for IT companies. These programs cover commercial banking, investment banking, capital markets, insurance and mutual funds areas. Prof. Vivek Kulkarni, former IT Secretary and founder of Brickwork Ratings, is the President of BFA. For more information, please visit www.bfa-india.org.
To view the photograph, please click on the link given below:
BFA-PGP-PressConf-July2011-Photo1
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/1(94).JPG
1(94).JPG
CONTACT DETAILS
MP Raghavendra, Brickwork Finance Academy, +91 9743437999, raghavendra.mp@bfa-india.org
Anitha Girish, Brickwork Finance Academy, +91 9900268535, anitha.g@bfa-india.org
Arti Rawat, Brickwork Finance Academy, +91 9845790316, arti.r@bfa-iindia.org
KEYWORDS
CONSUMER, MARKETING, BANKING, BUSINESS SERVICES, Financial Analyst, IT
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: MediaTek Announces Investment into Spice Digital
Press release from Business Wire India
Source: MediaTek India
Friday, July 29, 2011 01:24 PM IST (07:54 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Telecommunications; Technology
--------------------------------------------------
MediaTek Announces Investment into Spice Digital
New Delhi, Delhi, India, Friday, July 29, 2011 -- (Business Wire India) -- MediaTek Inc., a leading fabless semiconductor company for wireless communications and digital multimedia solutions, today announced that it has invested into Spice Digital Limited, one of the largest Mobile Value Added Services ( mVAS ) player in India with presence in close to 20 countries. In connection with this agreement, MediaTek will invest US$ 20 million.
According to a recent study of Standard Chartered, India is set to become the fastest growing major economy in the world by 2012. It is also estimated to have more than 700M mobile subscribers, with that number still increasing. In addition, market research states that the mVAS (mobile value added service) market in India will enjoy over 100% growth over 5 years and will constitute about 10% of total telecom revenue for Indian operators. It is no surprise then that an increasing number of Indian operators are putting attention and resources into mVAS, which represents a huge market potential.
Spice Digital Limited was incorporated in 2000 and has become one of India's top VAS companies with over 30M subscribers. It offers innovative solutions for telecom operators, enterprises, and government agencies using different mobile connectivity mediums of Voice, IVR, SMS, USSD, WAP, 3G & Mobile Applications. The company is well connected with all major operators in India including Bharti Airtel, Vodafone, Reliance Communication and also enjoys accelerated penetration into Africa and SE Asia.
During the signing ceremony held in MediaTek headquarters this morning, Mr. Ming-Kai Tsai, Chairman of MediaTek said, "The mobile Internet presents a wealth of opportunity for MediaTek and we believe India's IVR and mVAS market, where Spice Digital's core business lies, will continue to grow. Through this investment in Spice Digital, we are hoping to capitalize on its market potential and reinforce its strong operator relationship and leading position in India, SEA, Africa and Middle East."
Dr. Bhupendra Kumar Modi, Chairman of SPICE Global stated, "India is already one of the fastest growing large economies in the world and has the potential to become the world's largest economy. Mobile Internet can help India achieve double digit GDP growth rate and our businesses continue to lead the country's move on the digital highway with mobile Internet. MediaTek is well known as a leading Mobile IC solutions provider. We are very excited to have signed this definitive agreement with MediaTek. Through this investment, we can together offer more advanced and innovative services and enrich the digital mobile life of the future."
About MediaTek Inc.
MediaTek Inc. is a leading fabless semiconductor company for wireless communications and digital multimedia solutions. The company is a market leader and pioneer in cutting-edge SOC system solutions for wireless communications, high-definition TV, optical storage, DVD and Blu-ray products. Founded in 1997 and listed on Taiwan Stock Exchange under the code "2454", MediaTek is headquartered in Taiwan and has sales or research subsidiaries in Mainland China, Singapore, India, U.S., Japan, Korea, Denmark, England and Dubai. For more information, please visit MediaTek's website at www.mediatek.com.
CONTACT DETAILS
Ms. Madhavi Kochar, 20:20 MSL, +91 9810788188
Ms. A. Shruti, 20:20 MSL, +91 9811817995
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: MediaTek India
Friday, July 29, 2011 01:24 PM IST (07:54 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Telecommunications; Technology
--------------------------------------------------
MediaTek Announces Investment into Spice Digital
New Delhi, Delhi, India, Friday, July 29, 2011 -- (Business Wire India) -- MediaTek Inc., a leading fabless semiconductor company for wireless communications and digital multimedia solutions, today announced that it has invested into Spice Digital Limited, one of the largest Mobile Value Added Services ( mVAS ) player in India with presence in close to 20 countries. In connection with this agreement, MediaTek will invest US$ 20 million.
According to a recent study of Standard Chartered, India is set to become the fastest growing major economy in the world by 2012. It is also estimated to have more than 700M mobile subscribers, with that number still increasing. In addition, market research states that the mVAS (mobile value added service) market in India will enjoy over 100% growth over 5 years and will constitute about 10% of total telecom revenue for Indian operators. It is no surprise then that an increasing number of Indian operators are putting attention and resources into mVAS, which represents a huge market potential.
Spice Digital Limited was incorporated in 2000 and has become one of India's top VAS companies with over 30M subscribers. It offers innovative solutions for telecom operators, enterprises, and government agencies using different mobile connectivity mediums of Voice, IVR, SMS, USSD, WAP, 3G & Mobile Applications. The company is well connected with all major operators in India including Bharti Airtel, Vodafone, Reliance Communication and also enjoys accelerated penetration into Africa and SE Asia.
During the signing ceremony held in MediaTek headquarters this morning, Mr. Ming-Kai Tsai, Chairman of MediaTek said, "The mobile Internet presents a wealth of opportunity for MediaTek and we believe India's IVR and mVAS market, where Spice Digital's core business lies, will continue to grow. Through this investment in Spice Digital, we are hoping to capitalize on its market potential and reinforce its strong operator relationship and leading position in India, SEA, Africa and Middle East."
Dr. Bhupendra Kumar Modi, Chairman of SPICE Global stated, "India is already one of the fastest growing large economies in the world and has the potential to become the world's largest economy. Mobile Internet can help India achieve double digit GDP growth rate and our businesses continue to lead the country's move on the digital highway with mobile Internet. MediaTek is well known as a leading Mobile IC solutions provider. We are very excited to have signed this definitive agreement with MediaTek. Through this investment, we can together offer more advanced and innovative services and enrich the digital mobile life of the future."
About MediaTek Inc.
MediaTek Inc. is a leading fabless semiconductor company for wireless communications and digital multimedia solutions. The company is a market leader and pioneer in cutting-edge SOC system solutions for wireless communications, high-definition TV, optical storage, DVD and Blu-ray products. Founded in 1997 and listed on Taiwan Stock Exchange under the code "2454", MediaTek is headquartered in Taiwan and has sales or research subsidiaries in Mainland China, Singapore, India, U.S., Japan, Korea, Denmark, England and Dubai. For more information, please visit MediaTek's website at www.mediatek.com.
CONTACT DETAILS
Ms. Madhavi Kochar, 20:20 MSL, +91 9810788188
Ms. A. Shruti, 20:20 MSL, +91 9811817995
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: Bijou Kurien joins Timex Group India Board of Directors
Press release from Business Wire India
Source: Timex Group
Friday, July 29, 2011 12:49 PM IST (07:19 AM GMT)
Editors: General: Fashion, Lifestyle, People; Business: Accounting & management consultancy services, Business services, Clothing & accessories, Retailers
--------------------------------------------------
Bijou Kurien joins Timex Group India Board of Directors
New Delhi, Delhi, India, Friday, July 29, 2011 -- (Business Wire India) -- Timex Group India Limited has appointed Mr. Bijou Kurien as a Director on the Board of the company. Over the last 29 years, Mr. Kurien has been associated with high profile corporates like Hindustan Unilver, Titan Industries and is currently with Reliance Retail.
With vast experience in the consumer products industry in India, he has worked in various capacities in retailing, sales and distribution, marketing, manufacturing, supply-chain functions of fast moving consumer goods & consumer durables. He has also led organizations and represented industry bodies at various national and international forums.
After an initial stint of 6 years in HUL, Mr. Kurien joined Titan industries in 1987. He was instrumental in the Timex-Titan collaboration in 1992 which marked the beginning of Timex's journey in India. Post that, he joined Reliance Industries in 2006 as President and Chief Executive of their newly created Retail division and headed the Lifestyle vertical in this retail initiative. His decision to join the Board of Timex Group marks his comeback to the Watch industry.
Expressing his delight over Mr Kurien's induction, Mr. Kapil Kapoor, Chairman of Board of Directors Timex Group said, "We are delighted to welcome Mr Bijou Kurien on the Board of Timex. I am confident that his vast experience and unique insights into the watch industry and retail environment in India would be an invaluable asset to Timex especially at a juncture when the company is eyeing ambitious growth."
Commenting on his latest move, Mr. Bijou Kurien said "Timex has been synonymous with innovation and has over the years gained in stature to become a leading watch brand with an exciting array of products that appeal to a wide cross section of Indian consumers. I am excited to join the Board and I look forward to an interesting journey with the group which I feel for personally, having launched the brand in India many years ago."
Timex Group India is a public listed Company with listing on the Mumbai Stock Exchange. The company is governed by the Board of Directors comprising 7 directors which apart from Mr. Bijou Kurien, the newest addition, include:
-- Mr. Kapil Kapoor, Chairman, Board of Directors, Timex Group
-- Mr. Gagan Singh who is serving as Deputy Chief Executive Officer of Jones Lange Lasalle Meghraj (JLLM);
-- Mr. Pradeep Mukherjee, a career HR professional who has been associated with Citigroup in various positions across the globe
-- Mr. Daya Dhoan, a seasoned management professional and a former Chairman and Managing Director of Minerals and Metals Trade Corporation and Bharat Coppers Limited,
-- Mr. Frank Sherer, Timex Nominee on the Board
-- Mr. V D Wadhwa, Managing Director
About Timex Group
Timex Group is the one of the world's largest watch maker that designs, manufactures and markets innovative timepieces and jewelry globally. Timex was founded in 1854 and has a rich heritage of making the finest timepieces.
Timex Group has a portfolio of 10 brands spread across various segments from mid premium to luxury segment with Brands like, Timex, Opex, Guess, Gc, Marc Ecko, Nautica, Salvatore Ferragamo, Versace, Versus and Valentino with selling channels in more than 100 countries. The Group has a design centre based out of Milano and a manufacturing base spread across various countries.
Over the years, TIMEX Group India Ltd. has grown to become one of the leading brands in the organized watch market. Brand TIMEX is well-known in India for its youth appeal, sporty, fashionable and technologically advanced product offering. TIMEX group also has set standards of high quality watch-making through excellent technology and innovative product development. TIMEX has been a pioneer in inventing several landmark technologies to its credit including the Indiglo®. TIMEX Group has also diversified and has plans of launching a host of international brands within the premium and luxury segments in the country.
CONTACT DETAILS
Archana, Lexicon Public Relations and Corporate Consultants Limited, +91 9711924473
Anisha, Lexicon Public Relations and Corporate Consultants Limited, +91 9999039149
KEYWORDS
FASHION, LIFESTYLE, PEOPLE, CONSULTANCY SERVICES, BUSINESS SERVICES, CLOTHING, RETAIL
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: Timex Group
Friday, July 29, 2011 12:49 PM IST (07:19 AM GMT)
Editors: General: Fashion, Lifestyle, People; Business: Accounting & management consultancy services, Business services, Clothing & accessories, Retailers
--------------------------------------------------
Bijou Kurien joins Timex Group India Board of Directors
New Delhi, Delhi, India, Friday, July 29, 2011 -- (Business Wire India) -- Timex Group India Limited has appointed Mr. Bijou Kurien as a Director on the Board of the company. Over the last 29 years, Mr. Kurien has been associated with high profile corporates like Hindustan Unilver, Titan Industries and is currently with Reliance Retail.
With vast experience in the consumer products industry in India, he has worked in various capacities in retailing, sales and distribution, marketing, manufacturing, supply-chain functions of fast moving consumer goods & consumer durables. He has also led organizations and represented industry bodies at various national and international forums.
After an initial stint of 6 years in HUL, Mr. Kurien joined Titan industries in 1987. He was instrumental in the Timex-Titan collaboration in 1992 which marked the beginning of Timex's journey in India. Post that, he joined Reliance Industries in 2006 as President and Chief Executive of their newly created Retail division and headed the Lifestyle vertical in this retail initiative. His decision to join the Board of Timex Group marks his comeback to the Watch industry.
Expressing his delight over Mr Kurien's induction, Mr. Kapil Kapoor, Chairman of Board of Directors Timex Group said, "We are delighted to welcome Mr Bijou Kurien on the Board of Timex. I am confident that his vast experience and unique insights into the watch industry and retail environment in India would be an invaluable asset to Timex especially at a juncture when the company is eyeing ambitious growth."
Commenting on his latest move, Mr. Bijou Kurien said "Timex has been synonymous with innovation and has over the years gained in stature to become a leading watch brand with an exciting array of products that appeal to a wide cross section of Indian consumers. I am excited to join the Board and I look forward to an interesting journey with the group which I feel for personally, having launched the brand in India many years ago."
Timex Group India is a public listed Company with listing on the Mumbai Stock Exchange. The company is governed by the Board of Directors comprising 7 directors which apart from Mr. Bijou Kurien, the newest addition, include:
-- Mr. Kapil Kapoor, Chairman, Board of Directors, Timex Group
-- Mr. Gagan Singh who is serving as Deputy Chief Executive Officer of Jones Lange Lasalle Meghraj (JLLM);
-- Mr. Pradeep Mukherjee, a career HR professional who has been associated with Citigroup in various positions across the globe
-- Mr. Daya Dhoan, a seasoned management professional and a former Chairman and Managing Director of Minerals and Metals Trade Corporation and Bharat Coppers Limited,
-- Mr. Frank Sherer, Timex Nominee on the Board
-- Mr. V D Wadhwa, Managing Director
About Timex Group
Timex Group is the one of the world's largest watch maker that designs, manufactures and markets innovative timepieces and jewelry globally. Timex was founded in 1854 and has a rich heritage of making the finest timepieces.
Timex Group has a portfolio of 10 brands spread across various segments from mid premium to luxury segment with Brands like, Timex, Opex, Guess, Gc, Marc Ecko, Nautica, Salvatore Ferragamo, Versace, Versus and Valentino with selling channels in more than 100 countries. The Group has a design centre based out of Milano and a manufacturing base spread across various countries.
Over the years, TIMEX Group India Ltd. has grown to become one of the leading brands in the organized watch market. Brand TIMEX is well-known in India for its youth appeal, sporty, fashionable and technologically advanced product offering. TIMEX group also has set standards of high quality watch-making through excellent technology and innovative product development. TIMEX has been a pioneer in inventing several landmark technologies to its credit including the Indiglo®. TIMEX Group has also diversified and has plans of launching a host of international brands within the premium and luxury segments in the country.
CONTACT DETAILS
Archana, Lexicon Public Relations and Corporate Consultants Limited, +91 9711924473
Anisha, Lexicon Public Relations and Corporate Consultants Limited, +91 9999039149
KEYWORDS
FASHION, LIFESTYLE, PEOPLE, CONSULTANCY SERVICES, BUSINESS SERVICES, CLOTHING, RETAIL
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BWI: Akamai’s ‘State of the Internet’ Highlights the Challenges and Opportunities for Internet Penetration and Broadband Adoption in India
Press release from Business Wire India
Source: Akamai
Friday, July 29, 2011 12:22 PM IST (06:52 AM GMT)
Editors: General: Consumer interest, Economy, People; Business: Banking & financial services, Business services, Financial Analyst, Information technology, Stock exchanges; Technology
--------------------------------------------------
Akamai's 'State of the Internet' Highlights the Challenges and Opportunities for Internet Penetration and Broadband Adoption in India
Bangalore, Karnataka, India, Friday, July 29, 2011 -- (Business Wire India) -- - India ranks #17 globally in terms of unique IP addresses, #7 in terms of attack traffic origination, #109 in terms of connectivity speed
- Global average connection speed increased 23 percent year over year to 2.1 Mbps, while India's average connection speed increased by only 0.7percent to 0.8 Mbps
Akamai Technologies, Inc. (NASDAQ: AKAM), the leading provider of cloud optimization services, today released its 1st Quarter, 2011 State of the Internet report. Based on data gathered from the Akamai Internet platform, which carries between 15-30 percent of the world's Web traffic at any one time, the report provides insight into key India statistics including number of IP addresses, attack traffic, average connection speed and broadband adoption.
Highlights on India from Akamai's 2011 first quarter report:
Internet Penetration
In the first quarter of 2011, approximately 7 million unique IP addresses from India connected to the Akamai Internet platform. This equates to 6 unique IPs per 1,000 people on average and represents 21 percent more IP addresses than connected in the fourth quarter of 2010. China had 73.5 million unique IP addresses, growing at 9.4 percent quarter over quarter and the United States had 142.6 million unique IP addresses, growing at 3.9 percent quarter over quarter, connecting to Akamai during the same period.
Connectivity & Speed
In the first quarter of 2011, the average connection speed from India was 0.8 Mbps, growing at 0.7 percent quarter over quarter. China averaged a connection speed of 1.0 Mbps, while the United States averaged 5.3 Mbps. The percentage of narrowband connections from India (speeds below 256 kbps) was at 35 percent, while the percentage of broadband connections (speeds above 2 Mbps) was at 4.9 percent.
As a result of Akamai's recently announced partnership with Ericsson, the report now includes data collected by the equipment provider. In total, overall mobile data traffic as measured by Ericsson experienced 130 percent yearly growth in the first quarter, and is now more than double the volume of voice traffic.
Attack Traffic
Latest findings show significant change in Q1 2011 as it relates to the source of attack traffic. India was ranked #7 globally for attack traffic origination, and was the source of 3.8 percent of the observed attack traffic. Among other changes, the United States rose from 5th to 2nd, accounting for 10 percent of observed global attack traffic. Russia dropped into 4th place, accounting for 7.7 percent of global observed attack traffic, down from 10 percent in the previous quarter.
Commenting on the report, Sanjay Singh, Managing Director - India, Akamai Technologies, said, "Our global platform of nearly 100,000 servers, in 74 countries, across 1000+ networks, provides us with a unique vantage point of Internet adoption in India and allows us to compare data with other developing and developed countries. The number of unique IP addresses connecting to our platform from India grew by 21 percent in Q1. India is clearly at the cusp of a mobile data explosion and it will be interesting to track how the newly launched 3G networks will shape the trends in the coming quarters."
With the State of the Internet report entering its fourth year of providing quarterly analysis, Akamai has released a new data visualization tool showcasing trends by geography in several measured categories. The tool allows users to generate and download graphs highlighting average connection speed, average peak connection speed, and high broadband/broadband/narrowband adoption rates. In addition, the online tool offers quick, easy and customized views of trend data since the report was first published at the beginning of 2008.
About the Akamai State of the Internet report
Akamai's quarterly State of the Internet report is based on data collected from the globally-distributed Akamai Internet Platform, carrying as much as 30 percent of global Web traffic on any given day, and with servers located in 650 cities, 74 countries and deployed within approximately 1,000 of the Internet's most important networks.
To learn more, and to access the archive of past reports, please visit www.akamai.com/stateoftheinternet .
To download the figures from the Q1 2011 State of the Internet report, please visit:
http://wwwns.akamai.com/soti/soti_q111_figures.zip .
About Akamai
Akamai® provides market-leading, cloud-based services for optimizing Web and mobile content and applications, online HD video, and secure e-commerce. Combining highly-distributed, energy-efficient computing with intelligent software, Akamai's global platform is transforming the cloud into a more viable place to inform, entertain, advertise, transact and collaborate. To learn how the world's leading enterprises are optimizing their business in the cloud, please visit www.akamai.com and follow @Akamai on Twitter.
CONTACT DETAILS
Karthikeyan D S, Akamai Technologies, Inc., +91 (80) 66251600, kasathur@akamai.com
Dipa Joisher, LEWIS PR, +91 9892661041, dipaj@lewispr.com
KEYWORDS
CONSUMER, ECONOMY, PEOPLE, 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
Source: Akamai
Friday, July 29, 2011 12:22 PM IST (06:52 AM GMT)
Editors: General: Consumer interest, Economy, People; Business: Banking & financial services, Business services, Financial Analyst, Information technology, Stock exchanges; Technology
--------------------------------------------------
Akamai's 'State of the Internet' Highlights the Challenges and Opportunities for Internet Penetration and Broadband Adoption in India
Bangalore, Karnataka, India, Friday, July 29, 2011 -- (Business Wire India) -- - India ranks #17 globally in terms of unique IP addresses, #7 in terms of attack traffic origination, #109 in terms of connectivity speed
- Global average connection speed increased 23 percent year over year to 2.1 Mbps, while India's average connection speed increased by only 0.7percent to 0.8 Mbps
Akamai Technologies, Inc. (NASDAQ: AKAM), the leading provider of cloud optimization services, today released its 1st Quarter, 2011 State of the Internet report. Based on data gathered from the Akamai Internet platform, which carries between 15-30 percent of the world's Web traffic at any one time, the report provides insight into key India statistics including number of IP addresses, attack traffic, average connection speed and broadband adoption.
Highlights on India from Akamai's 2011 first quarter report:
Internet Penetration
In the first quarter of 2011, approximately 7 million unique IP addresses from India connected to the Akamai Internet platform. This equates to 6 unique IPs per 1,000 people on average and represents 21 percent more IP addresses than connected in the fourth quarter of 2010. China had 73.5 million unique IP addresses, growing at 9.4 percent quarter over quarter and the United States had 142.6 million unique IP addresses, growing at 3.9 percent quarter over quarter, connecting to Akamai during the same period.
Connectivity & Speed
In the first quarter of 2011, the average connection speed from India was 0.8 Mbps, growing at 0.7 percent quarter over quarter. China averaged a connection speed of 1.0 Mbps, while the United States averaged 5.3 Mbps. The percentage of narrowband connections from India (speeds below 256 kbps) was at 35 percent, while the percentage of broadband connections (speeds above 2 Mbps) was at 4.9 percent.
As a result of Akamai's recently announced partnership with Ericsson, the report now includes data collected by the equipment provider. In total, overall mobile data traffic as measured by Ericsson experienced 130 percent yearly growth in the first quarter, and is now more than double the volume of voice traffic.
Attack Traffic
Latest findings show significant change in Q1 2011 as it relates to the source of attack traffic. India was ranked #7 globally for attack traffic origination, and was the source of 3.8 percent of the observed attack traffic. Among other changes, the United States rose from 5th to 2nd, accounting for 10 percent of observed global attack traffic. Russia dropped into 4th place, accounting for 7.7 percent of global observed attack traffic, down from 10 percent in the previous quarter.
Commenting on the report, Sanjay Singh, Managing Director - India, Akamai Technologies, said, "Our global platform of nearly 100,000 servers, in 74 countries, across 1000+ networks, provides us with a unique vantage point of Internet adoption in India and allows us to compare data with other developing and developed countries. The number of unique IP addresses connecting to our platform from India grew by 21 percent in Q1. India is clearly at the cusp of a mobile data explosion and it will be interesting to track how the newly launched 3G networks will shape the trends in the coming quarters."
With the State of the Internet report entering its fourth year of providing quarterly analysis, Akamai has released a new data visualization tool showcasing trends by geography in several measured categories. The tool allows users to generate and download graphs highlighting average connection speed, average peak connection speed, and high broadband/broadband/narrowband adoption rates. In addition, the online tool offers quick, easy and customized views of trend data since the report was first published at the beginning of 2008.
About the Akamai State of the Internet report
Akamai's quarterly State of the Internet report is based on data collected from the globally-distributed Akamai Internet Platform, carrying as much as 30 percent of global Web traffic on any given day, and with servers located in 650 cities, 74 countries and deployed within approximately 1,000 of the Internet's most important networks.
To learn more, and to access the archive of past reports, please visit www.akamai.com/stateoftheinternet .
To download the figures from the Q1 2011 State of the Internet report, please visit:
http://wwwns.akamai.com/soti/soti_q111_figures.zip .
About Akamai
Akamai® provides market-leading, cloud-based services for optimizing Web and mobile content and applications, online HD video, and secure e-commerce. Combining highly-distributed, energy-efficient computing with intelligent software, Akamai's global platform is transforming the cloud into a more viable place to inform, entertain, advertise, transact and collaborate. To learn how the world's leading enterprises are optimizing their business in the cloud, please visit www.akamai.com and follow @Akamai on Twitter.
CONTACT DETAILS
Karthikeyan D S, Akamai Technologies, Inc., +91 (80) 66251600, kasathur@akamai.com
Dipa Joisher, LEWIS PR, +91 9892661041, dipaj@lewispr.com
KEYWORDS
CONSUMER, ECONOMY, PEOPLE, 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
BWI: ISB iDiya- Social Venture Competition for Working Professionals
Press release from Business Wire India
Source: Indian School of Business
Friday, July 29, 2011 11:54 AM IST (06:24 AM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Advertising, PR & marketing, Business services, Education & training, Media & entertainment; Technology
--------------------------------------------------
ISB iDiya- Social Venture Competition for Working Professionals
Hyderabad, Andhra Pradesh, India, Friday, July 29, 2011 -- (Business Wire India) -- The Indian School of Business has announced the launch of the 3rd iDiya Challenge this week. Conforming to ISB's commitment to continually contribute to finding solutions to societal problems, iDiya was started in 2009 as a national Social Venture Ideas Competition that aims to stimulate, enable and develop high impact, self sustaining social businesses in India. The competition this year will be flagged off with an opening ceremony in which Ms. Shaheen Mistry, Founder, Teach for India and Akanksha Foundation and Mrs. Gul Panag, Actor and Social Activist, will address students at the ISB campus and share their views on the challenges and opportunities for creating a social impact in India.
Who is it for?
iDiya's vision is to encourage social enterprises en masse. It exclusively targets working professionals in India and focuses on business ideas that create measurable social impact. The challenge is open to:
-- Working professionals in India
-- Teams who have an existing social enterprise/NGO (the venture should have been in existence for less than 3 years)
-- Teams of 2 to 4 individuals
-- Teams with none of the members currently enrolled in an educational institution pursuing a full-time programme
What do the winners get?
The winners are invited to the ISB for an intensive one-week boot camp. Industry experts, ISB faculty and entrepreneurs train iDiya winners for challenges that they would face on their way to realizing their ideas and ventures. Moreover, the teams are interfaced with potential investors and are matched with entrepreneurs and organizations that will mentor them once the boot camp is over.
Over the past two years, iDiya has been received an overwhelming response with more than 500 teams registering each year. This can be attributed to the mentorship, training and support received by the participating teams owing to their association with iDiya which has proved to be a stepping stone in their successes. The quality, diversity and innovativeness of the received plans and the accomplishments of many teams has been extremely impressive and inspirational. Some of the winning teams at iDiya are:
-- SourcePilani - a rural BPO for medical transcription
-- Masard - Production and distribution of sanitary napkins by economically marginalized women at affordable cost
-- Akshaya Kalpa - Communes for organic milk products production
The potential and promise shown by the iDiya platform has helped iDiya develop strong relationships with knowledge partners who include several social VCs such as Acumen fund, Elevar, Intellecap and Grey Matters Capital, many corporate partners such as Novartis and Deloitte, and social organizations such as Naandi and Tata Jagriti Yatra. In the past years, iDiya received powerful support from the Wadhwani Centre for Entrepreneurship Development at ISB, SONG Advisors and Caspian Advisors.
Over the past 2 years, the growth and success of the winning teams has continued to inspire and motivate the iDiya team.
What do the participants say?
"iDiya was very helpful in structuring my thoughts around the venture. It provided a good insight into various aspects of business such as legal, fundraising, team-management, leadership etc. Moreover, the networking sessions helped me expand my contacts to relevant business and investor community"
- Unnati (Providing Housing Finance for to the underserved)
"Despite being in the thick of things, it's true that we, as initiators of social ventures have lots to learn. iDiya, as a platform, helps us achieve just that"
- Aakar Asha (Centre of Excellence for Enabling the Physically Disabled)
Timeline for the 3rd iDiya Challenge
-- Applications Open: August 1, 2011 - September 1, 2011
-- Declaration of winners: November 5, 2011
-- Boot-camp at ISB: December 2-7, 2011
About the ISB
The Indian School of Business (ISB) was established in 2001 with an aspiration to put India on the global map of management education. In less than a decade since its inception, the ISB has successfully pioneered several new trends in management education in India, and firmly established itself as a world class management institution. In 2008, the ISB became the youngest institution to be ranked among the Top 20, in the Global B-school Rankings by the Financial Times, London, and since then has been ranked consistently among the top B-schools globally. The ISB today has a strong pool of research-oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management (PGP), Post Graduate Programme in Management for Senior Executives (PGPMAX), and Executive Education Programmes. In addition to teaching, the visiting faculty also participates in collaborative research with the resident faculty. The school has over 3000 PGP Alumni and 12000 Executive Education Alumni, making an impact on business and society across the world. The ISB is in the process of setting up its second campus in Mohali, Punjab, which will also have specialist Institutes for promoting research and education in areas critical to India's development. The Mohali campus is slated to be operational from April 2012.
CONTACT DETAILS
Sriram Gopalakrishnan, Director - Marketing and Communications, Indian School of Business, +91 9394568030, Sriram_gopalakrishnan@isb.edu
KEYWORDS
CONSUMER, CONSULTANCY SERVICES, MARKETING, BUSINESS SERVICES, EDUCATION, 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: Indian School of Business
Friday, July 29, 2011 11:54 AM IST (06:24 AM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Advertising, PR & marketing, Business services, Education & training, Media & entertainment; Technology
--------------------------------------------------
ISB iDiya- Social Venture Competition for Working Professionals
Hyderabad, Andhra Pradesh, India, Friday, July 29, 2011 -- (Business Wire India) -- The Indian School of Business has announced the launch of the 3rd iDiya Challenge this week. Conforming to ISB's commitment to continually contribute to finding solutions to societal problems, iDiya was started in 2009 as a national Social Venture Ideas Competition that aims to stimulate, enable and develop high impact, self sustaining social businesses in India. The competition this year will be flagged off with an opening ceremony in which Ms. Shaheen Mistry, Founder, Teach for India and Akanksha Foundation and Mrs. Gul Panag, Actor and Social Activist, will address students at the ISB campus and share their views on the challenges and opportunities for creating a social impact in India.
Who is it for?
iDiya's vision is to encourage social enterprises en masse. It exclusively targets working professionals in India and focuses on business ideas that create measurable social impact. The challenge is open to:
-- Working professionals in India
-- Teams who have an existing social enterprise/NGO (the venture should have been in existence for less than 3 years)
-- Teams of 2 to 4 individuals
-- Teams with none of the members currently enrolled in an educational institution pursuing a full-time programme
What do the winners get?
The winners are invited to the ISB for an intensive one-week boot camp. Industry experts, ISB faculty and entrepreneurs train iDiya winners for challenges that they would face on their way to realizing their ideas and ventures. Moreover, the teams are interfaced with potential investors and are matched with entrepreneurs and organizations that will mentor them once the boot camp is over.
Over the past two years, iDiya has been received an overwhelming response with more than 500 teams registering each year. This can be attributed to the mentorship, training and support received by the participating teams owing to their association with iDiya which has proved to be a stepping stone in their successes. The quality, diversity and innovativeness of the received plans and the accomplishments of many teams has been extremely impressive and inspirational. Some of the winning teams at iDiya are:
-- SourcePilani - a rural BPO for medical transcription
-- Masard - Production and distribution of sanitary napkins by economically marginalized women at affordable cost
-- Akshaya Kalpa - Communes for organic milk products production
The potential and promise shown by the iDiya platform has helped iDiya develop strong relationships with knowledge partners who include several social VCs such as Acumen fund, Elevar, Intellecap and Grey Matters Capital, many corporate partners such as Novartis and Deloitte, and social organizations such as Naandi and Tata Jagriti Yatra. In the past years, iDiya received powerful support from the Wadhwani Centre for Entrepreneurship Development at ISB, SONG Advisors and Caspian Advisors.
Over the past 2 years, the growth and success of the winning teams has continued to inspire and motivate the iDiya team.
What do the participants say?
"iDiya was very helpful in structuring my thoughts around the venture. It provided a good insight into various aspects of business such as legal, fundraising, team-management, leadership etc. Moreover, the networking sessions helped me expand my contacts to relevant business and investor community"
- Unnati (Providing Housing Finance for to the underserved)
"Despite being in the thick of things, it's true that we, as initiators of social ventures have lots to learn. iDiya, as a platform, helps us achieve just that"
- Aakar Asha (Centre of Excellence for Enabling the Physically Disabled)
Timeline for the 3rd iDiya Challenge
-- Applications Open: August 1, 2011 - September 1, 2011
-- Declaration of winners: November 5, 2011
-- Boot-camp at ISB: December 2-7, 2011
About the ISB
The Indian School of Business (ISB) was established in 2001 with an aspiration to put India on the global map of management education. In less than a decade since its inception, the ISB has successfully pioneered several new trends in management education in India, and firmly established itself as a world class management institution. In 2008, the ISB became the youngest institution to be ranked among the Top 20, in the Global B-school Rankings by the Financial Times, London, and since then has been ranked consistently among the top B-schools globally. The ISB today has a strong pool of research-oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management (PGP), Post Graduate Programme in Management for Senior Executives (PGPMAX), and Executive Education Programmes. In addition to teaching, the visiting faculty also participates in collaborative research with the resident faculty. The school has over 3000 PGP Alumni and 12000 Executive Education Alumni, making an impact on business and society across the world. The ISB is in the process of setting up its second campus in Mohali, Punjab, which will also have specialist Institutes for promoting research and education in areas critical to India's development. The Mohali campus is slated to be operational from April 2012.
CONTACT DETAILS
Sriram Gopalakrishnan, Director - Marketing and Communications, Indian School of Business, +91 9394568030, Sriram_gopalakrishnan@isb.edu
KEYWORDS
CONSUMER, CONSULTANCY SERVICES, MARKETING, BUSINESS SERVICES, EDUCATION, 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: OxiGen and Avenues Team Up to Add New Features to the OxiCash Card
Press release from Business Wire India
Source: Avenues India Pvt. Ltd
Friday, July 29, 2011 11:06 AM IST (05:36 AM GMT)
Editors: General: Consumer interest, Economy, Lifestyle, People; Business: Advertising, PR & marketing, Banking & financial services, Business services, Information technology, Retailers, Telecommunications, Travel & tourism; Technology
--------------------------------------------------
OxiGen and Avenues Team Up to Add New Features to the OxiCash Card
Mumbai, Maharashtra, India, Friday, July 29, 2011 -- (Business Wire India) -- Avenues, South Asia's largest ecommerce company and Oxigen, the Single Point Recharge company have signed an agreement for its Prepaid VAS Card "OxiCash".
OxiCash is a Prepaid VAS Card that is attached to a mobile number and works like mobile prepaid card. Currently, OxiCash cardholders can use their cards to recharge their mobiles, pay for their DTH subscriptions, book plane, bus and rail tickets, donate to charities, pay for downloads etc. They will also be able to recharge their cards at 50,000+ OxiGen outlets against a mobile number or using Internet Banking of all major banks. The agreement with Avenues expands the value of their card i.e. OxiCash cardholders will now be able to purchase and pay all types products and services from thousands of CCAvenue.com merchants.
Mr. Pramod Saxena, Chairman and Managing Director said, "We are always looking to expand our array of facilities in order to add more value for our merchants and cardholders. By signing with Avenues, our cardholders can now shop online easily at any of CCAvenue.coms' thousands of merchant websites that offer every possible product and service."
Avenues India is the parent company of CCAvenue.com, India's largest neutral online payment gateway. The agreement with Oxigen adds another unique payment option to CCAvenue.coms' robust and diverse array of payment options. The addition of OxiCash will provide CCAvenue.com merchants with easy access to customers who do not have credit cards; debit cards or even net banking accounts and even those customers that do have the same but are worried about revealing their personal information on the internet.
Mr. Vishwas Patel, Owner/CEO, Avenues said, "Our CCAvenue.com solution is a neutral solution saleable to all types of businesses. Moreover, with our robust payment gateway with multiple payment options, our merchants can collect payments for their respective services from people belonging to all strata of society easily. Unbanked individuals are a section of customers that was previously difficult for our customers to reach. The agreement with OxiGen for OxiCash, the prepaid vas cash card will make it easier to reach out and capture this segment of society through their websites."
About OxiGen
Oxigen is India's First and Largest Single Point Recharge, Bill Payments, Ticketing and Kiosk Banking Service provider in India. Oxigen has pioneered the idea and execution of electronic virtual distribution (using POS/WEB/SMS/GPRS) of services like Prepaid Airtime, DTH/TV Recharges, OxiCash Cards, Railway /Air/Bus Tickets, Movie Tickets, Bill/Utility payments, Internet/Broadband Payments, Insurance policy repayments, Calling-card Payments on behalf of service providers . Oxigen's robust transaction platform has 20 million customer transactions per month, for the above mentioned services with 90,000 customer touch points pan India.
Oxigen, recently joined hands with India's largest bank- State Bank of India to offer banking services at neighborhood retails, to help financially excluded Bottom of Pyramid people (the Rural and Urban poor) to open "No Frill bank accounts", with biometric identification and transact cash deposits, withdrawals, Loans and domestic Money Transfer. It will also start International money transfer service with UK based company Luup, to facilitate migrant Indians working in the GulfOxigen services are also dispensed from Modern retail chains such as The Electronic Store, The Mobile Store, Planet-M, Croma, One Mobile, In & Out , Sify Iways, Music world, P3, Next stores, many CSC's, etc. www.myoxigen.com
About OxiCash:
OxiCash is an unique cash based online payment solution which is aimed at Customers who use cash to make payments. They may not be credit / debit card or Internet Banking users. But, need a cash based payment solution to be able to make online transactions.
The OxiCash e-wallet can be created by sending a simple SMS (OXICASH to 9870888888) or online on a www.oxicash.in and selecting the New user Tab. This e-Wallet is attached to a mobile phone number and is made further secure by using a 12-Digit e-Wallet ID number along with 6-digit numeric transaction password. It can be used to pay for other services like DTH recharge, Mobile recharge, Utility Bill Payments, Rail tickets from IRCTC/Air/Bus ticket booking, Movie tickets, Online shopping, Post paid Bill payments, among others.
OxiCash is also available in physical Cash Cards form in the markets, branded as OxiCash Cards. There are 2 types of unique Cards, Single Use (Rs.50-Rs100) and Multiuse Reloadable Cards (Rs.200-Rs.5000). These cards can be used to make payments for Oxigen and OxiCash aggregated services online. It works by using the card number and password printed on the card when one has to pay online or via SMS. www.oxicash.in
About Avenues
Incorporated in the year 2001, Avenues is a zero-debt company that has been profitable from its inception. Avenues is India's biggest integrated eCommerce company with its headquarters in Mumbai, India. It has subsidiary companies and offices in USA and Singapore. Avenues has developed several innovative, cutting-edge ASP hosted solutions that are used by thousands of eMerchants globally. Beginning as a single product company that catered to the local market, Avenues has become a multi-product company that operates on a global scale. The Avenues support and development center is based in Mumbai, India. The total strength of the Avenues team is currently 125 persons spanning across all offices. Avenues has three Business Units namely - Avenues Commercial Services, Avenues Travel Industry Services and Avenues Community Related Services. For more information, log onto: www.Avenues.info .
About CCAvenue.com
CCAvenue.com® is South Asia's largest payment gateway solution powering thousands of eMerchants with real time, multi-currency, multiple payment options and online payment processing services. The solution is powered by proprietary technology that integrates transaction-processing, advance shopping cart, auction payment collection facility, fraud control, financial reporting and order tracking. CCAvenue.com is the only complete PG solution in the region that has the unique ability to offer the full spectrum of Internet payment options, including:
- All types of Credit Card processing through Multiple Banks and Card Associations
- Debit Card processing
- ATM cum Debit Card processing
- Direct Debit to bank accounts of 40+ Indian Banks (India's largest direct debit engine), 20+ Chinese Banks and 3 Singapore Banks
- Mobile Payment Solutions via PayMate®, SBI Freedom, UMobile
- Cash Card Processing of ITZ Cash®, Done Card, OxiCash and NoQ24x7
For more information, visit: www.CCAvenue.com
CONTACT DETAILS
Anjali Mirchandani, Avenues India Pvt. Ltd, +91(22) 67425555, anjali.mirchandani@avenues.info
KEYWORDS
CONSUMER, ECONOMY, LIFESTYLE, PEOPLE, MARKETING, BANKING, BUSINESS SERVICES, IT, RETAIL, TELECOMMUNICATIONS, TRAVEL, 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: Avenues India Pvt. Ltd
Friday, July 29, 2011 11:06 AM IST (05:36 AM GMT)
Editors: General: Consumer interest, Economy, Lifestyle, People; Business: Advertising, PR & marketing, Banking & financial services, Business services, Information technology, Retailers, Telecommunications, Travel & tourism; Technology
--------------------------------------------------
OxiGen and Avenues Team Up to Add New Features to the OxiCash Card
Mumbai, Maharashtra, India, Friday, July 29, 2011 -- (Business Wire India) -- Avenues, South Asia's largest ecommerce company and Oxigen, the Single Point Recharge company have signed an agreement for its Prepaid VAS Card "OxiCash".
OxiCash is a Prepaid VAS Card that is attached to a mobile number and works like mobile prepaid card. Currently, OxiCash cardholders can use their cards to recharge their mobiles, pay for their DTH subscriptions, book plane, bus and rail tickets, donate to charities, pay for downloads etc. They will also be able to recharge their cards at 50,000+ OxiGen outlets against a mobile number or using Internet Banking of all major banks. The agreement with Avenues expands the value of their card i.e. OxiCash cardholders will now be able to purchase and pay all types products and services from thousands of CCAvenue.com merchants.
Mr. Pramod Saxena, Chairman and Managing Director said, "We are always looking to expand our array of facilities in order to add more value for our merchants and cardholders. By signing with Avenues, our cardholders can now shop online easily at any of CCAvenue.coms' thousands of merchant websites that offer every possible product and service."
Avenues India is the parent company of CCAvenue.com, India's largest neutral online payment gateway. The agreement with Oxigen adds another unique payment option to CCAvenue.coms' robust and diverse array of payment options. The addition of OxiCash will provide CCAvenue.com merchants with easy access to customers who do not have credit cards; debit cards or even net banking accounts and even those customers that do have the same but are worried about revealing their personal information on the internet.
Mr. Vishwas Patel, Owner/CEO, Avenues said, "Our CCAvenue.com solution is a neutral solution saleable to all types of businesses. Moreover, with our robust payment gateway with multiple payment options, our merchants can collect payments for their respective services from people belonging to all strata of society easily. Unbanked individuals are a section of customers that was previously difficult for our customers to reach. The agreement with OxiGen for OxiCash, the prepaid vas cash card will make it easier to reach out and capture this segment of society through their websites."
About OxiGen
Oxigen is India's First and Largest Single Point Recharge, Bill Payments, Ticketing and Kiosk Banking Service provider in India. Oxigen has pioneered the idea and execution of electronic virtual distribution (using POS/WEB/SMS/GPRS) of services like Prepaid Airtime, DTH/TV Recharges, OxiCash Cards, Railway /Air/Bus Tickets, Movie Tickets, Bill/Utility payments, Internet/Broadband Payments, Insurance policy repayments, Calling-card Payments on behalf of service providers . Oxigen's robust transaction platform has 20 million customer transactions per month, for the above mentioned services with 90,000 customer touch points pan India.
Oxigen, recently joined hands with India's largest bank- State Bank of India to offer banking services at neighborhood retails, to help financially excluded Bottom of Pyramid people (the Rural and Urban poor) to open "No Frill bank accounts", with biometric identification and transact cash deposits, withdrawals, Loans and domestic Money Transfer. It will also start International money transfer service with UK based company Luup, to facilitate migrant Indians working in the GulfOxigen services are also dispensed from Modern retail chains such as The Electronic Store, The Mobile Store, Planet-M, Croma, One Mobile, In & Out , Sify Iways, Music world, P3, Next stores, many CSC's, etc. www.myoxigen.com
About OxiCash:
OxiCash is an unique cash based online payment solution which is aimed at Customers who use cash to make payments. They may not be credit / debit card or Internet Banking users. But, need a cash based payment solution to be able to make online transactions.
The OxiCash e-wallet can be created by sending a simple SMS (OXICASH to 9870888888) or online on a www.oxicash.in and selecting the New user Tab. This e-Wallet is attached to a mobile phone number and is made further secure by using a 12-Digit e-Wallet ID number along with 6-digit numeric transaction password. It can be used to pay for other services like DTH recharge, Mobile recharge, Utility Bill Payments, Rail tickets from IRCTC/Air/Bus ticket booking, Movie tickets, Online shopping, Post paid Bill payments, among others.
OxiCash is also available in physical Cash Cards form in the markets, branded as OxiCash Cards. There are 2 types of unique Cards, Single Use (Rs.50-Rs100) and Multiuse Reloadable Cards (Rs.200-Rs.5000). These cards can be used to make payments for Oxigen and OxiCash aggregated services online. It works by using the card number and password printed on the card when one has to pay online or via SMS. www.oxicash.in
About Avenues
Incorporated in the year 2001, Avenues is a zero-debt company that has been profitable from its inception. Avenues is India's biggest integrated eCommerce company with its headquarters in Mumbai, India. It has subsidiary companies and offices in USA and Singapore. Avenues has developed several innovative, cutting-edge ASP hosted solutions that are used by thousands of eMerchants globally. Beginning as a single product company that catered to the local market, Avenues has become a multi-product company that operates on a global scale. The Avenues support and development center is based in Mumbai, India. The total strength of the Avenues team is currently 125 persons spanning across all offices. Avenues has three Business Units namely - Avenues Commercial Services, Avenues Travel Industry Services and Avenues Community Related Services. For more information, log onto: www.Avenues.info .
About CCAvenue.com
CCAvenue.com® is South Asia's largest payment gateway solution powering thousands of eMerchants with real time, multi-currency, multiple payment options and online payment processing services. The solution is powered by proprietary technology that integrates transaction-processing, advance shopping cart, auction payment collection facility, fraud control, financial reporting and order tracking. CCAvenue.com is the only complete PG solution in the region that has the unique ability to offer the full spectrum of Internet payment options, including:
- All types of Credit Card processing through Multiple Banks and Card Associations
- Debit Card processing
- ATM cum Debit Card processing
- Direct Debit to bank accounts of 40+ Indian Banks (India's largest direct debit engine), 20+ Chinese Banks and 3 Singapore Banks
- Mobile Payment Solutions via PayMate®, SBI Freedom, UMobile
- Cash Card Processing of ITZ Cash®, Done Card, OxiCash and NoQ24x7
For more information, visit: www.CCAvenue.com
CONTACT DETAILS
Anjali Mirchandani, Avenues India Pvt. Ltd, +91(22) 67425555, anjali.mirchandani@avenues.info
KEYWORDS
CONSUMER, ECONOMY, LIFESTYLE, PEOPLE, MARKETING, BANKING, BUSINESS SERVICES, IT, RETAIL, TELECOMMUNICATIONS, TRAVEL, TECHNOLOGY
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BWI: Electric Rotary Valves RV-Series Easily Integrate into OEM Systems
Press release from Business Wire India
Source: Bio-Chem Fluidics
Friday, July 29, 2011 10:20 AM IST (04:50 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Chemicals; Technology; Healthcare
--------------------------------------------------
Electric Rotary Valves RV-Series Easily Integrate into OEM Systems
Mumbai, Maharashtra, India, Friday, July 29, 2011 -- (Business Wire India) -- Delivering unobstructed, inert fluid paths with high flow rates and low dead volumes, Bio-Chem Fluidics offers the RV-Series of Electric Rotary Valves. The series features three different models for easy integration into OEM systems.
Designed for applications such as sample collection, loop injection or flow path selection, the series of valves provides a lower pressure drop than conventional solenoid mixing valves. Each model's ¼"- 28 UNF fluid port connections and flow configurations were designed to match the industry standard most commonly found in existing systems. All valves use a unique PTFE fluid path for maximum compatibility with aggressive solvents.
The RV-Series includes three different models to match customers' needs. The most basic model, the RV-E, includes only the valve head assembly for use with a system's pre-existing stepper motors. The RV-SN includes its own two-phase, hybrid stepper motor, and the RV-SC features the same stepper motor with an intelligent motor controller and driver.
About Bio-Chem Fluidics
Bio-Chem Fluidics (www.biochemfluidics.com) is a world leading manufacturer of inert, miniature fluid handling components. Under its Bio-Chem Valve® and Omnifit® brands it offers complete fluid system solutions for a wide range of industries including analytical chemistry, clinical diagnostics and medical device manufacture, as well as a large labware portfolio for the scientific community. The company's design and prototyping expertise also enables it to offer simple modifications of standard products as well as completely customized designs. Bio-Chem Fluidics is a subsidiary of Halma p.l.c.
About Halma
Halma p.l.c. (www.halma.com) is an international market leader in safety, health and sensor technology. Halma is a public company listed on the London Stock Exchange and has 4000 employees in 40 subsidiaries worldwide. Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India's thriving economy in areas such as laboratory instrumentation, health, industrial safety, energy, water treatment and the environment. Halma has a hub office in Mumbai.
For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/.
Photo: http://halmapr.com/bcf/BIO RV Series EMAIL.jpg
CONTACT DETAILS
Santosh Sen, Halma India, +91 (22) 67080400, +91 9820247680, santosh.sen@halma.com
Damian Corbet, Halma Public Relations, +44 (0) 20 8511 1821, dcorbet@halmapr.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, CHEMICALS, TECHNOLOGY, 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: Bio-Chem Fluidics
Friday, July 29, 2011 10:20 AM IST (04:50 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Chemicals; Technology; Healthcare
--------------------------------------------------
Electric Rotary Valves RV-Series Easily Integrate into OEM Systems
Mumbai, Maharashtra, India, Friday, July 29, 2011 -- (Business Wire India) -- Delivering unobstructed, inert fluid paths with high flow rates and low dead volumes, Bio-Chem Fluidics offers the RV-Series of Electric Rotary Valves. The series features three different models for easy integration into OEM systems.
Designed for applications such as sample collection, loop injection or flow path selection, the series of valves provides a lower pressure drop than conventional solenoid mixing valves. Each model's ¼"- 28 UNF fluid port connections and flow configurations were designed to match the industry standard most commonly found in existing systems. All valves use a unique PTFE fluid path for maximum compatibility with aggressive solvents.
The RV-Series includes three different models to match customers' needs. The most basic model, the RV-E, includes only the valve head assembly for use with a system's pre-existing stepper motors. The RV-SN includes its own two-phase, hybrid stepper motor, and the RV-SC features the same stepper motor with an intelligent motor controller and driver.
About Bio-Chem Fluidics
Bio-Chem Fluidics (www.biochemfluidics.com) is a world leading manufacturer of inert, miniature fluid handling components. Under its Bio-Chem Valve® and Omnifit® brands it offers complete fluid system solutions for a wide range of industries including analytical chemistry, clinical diagnostics and medical device manufacture, as well as a large labware portfolio for the scientific community. The company's design and prototyping expertise also enables it to offer simple modifications of standard products as well as completely customized designs. Bio-Chem Fluidics is a subsidiary of Halma p.l.c.
About Halma
Halma p.l.c. (www.halma.com) is an international market leader in safety, health and sensor technology. Halma is a public company listed on the London Stock Exchange and has 4000 employees in 40 subsidiaries worldwide. Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India's thriving economy in areas such as laboratory instrumentation, health, industrial safety, energy, water treatment and the environment. Halma has a hub office in Mumbai.
For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/.
Photo: http://halmapr.com/bcf/BIO RV Series EMAIL.jpg
CONTACT DETAILS
Santosh Sen, Halma India, +91 (22) 67080400, +91 9820247680, santosh.sen@halma.com
Damian Corbet, Halma Public Relations, +44 (0) 20 8511 1821, dcorbet@halmapr.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, CHEMICALS, TECHNOLOGY, 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.
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BWI: Crowcon’s Tetra 3 Portable Gas Detector used by BBC Film Crew on Indonesian Volcano
Press release from Business Wire India
Source: Crowcon
Friday, July 29, 2011 10:29 AM IST (04:59 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Chemicals, Energy companies, Water; Technology; Healthcare
--------------------------------------------------
Crowcon's Tetra 3 Portable Gas Detector used by BBC Film Crew on Indonesian Volcano
Tetra 3 used to detect hydrogen sulphide gas in volcano's crater
Mumbai, Maharashtra, India, Friday, July 29, 2011 -- (Business Wire India) -- A BBC film crew filming sulphur miners in the crater of an active volcano in Indonesia used a Crowcon Tetra 3 portable gas detector to warn them of dangerous levels of hydrogen sulphide (H2S). The crew were filming as part of the BBC's landmark 'Human Planet' series which explores mankind's relationship with nature in the world today.
During filming the crew were engulfed in a cloud of H2S gas and had to quickly don gas masks (no such safety measures are used by the miners). They measured the gas concentration with the Tetra 3, which immediately went into alarm mode and showed a concentration of194 ppm - almost 40 times the safe breathing level. The corrosive gas quickly ate into the cameras, all of which promptly broke down.
Clip of film crew measuring H2S gas with the Tetra 3
Human Planet crews filmed in around 80 locations worldwide, using HD cameras to film from the air, from the ground and underwater. The result, according to the BBC website, is a "cinematic experience" created by world-class natural history and documentary camera crews and programme makers.
Crowcon's lightweight, portable Tetra 3 combines extremely rugged design with small size and simple operation. Designed for use in the most demanding environments, it has simple, single button operation, even with a gloved hand. Monitoring oxygen, toxic and flammable gases, the unit has a top mounted, backlit display showing all gas readings, diagnostics and battery life.
If a hazard is detected, the Tetra 3 gives rapid and effective warning with a powerful 95 dBA audible alarm, an extremely bright red/blue LED visual warning, and by vibrating. More information about the tetra 3 can be found on Crowcon's website.
About Crowcon:
Crowcon (www.crowcon.com), a subsidiary of Halma p.l.c. (www.halma.com), is a world leader in portable and fixed gas detection instruments. The company is represented in India by Crowcon's Joint Venture partner Detection Instruments Pvt. Ltd. in Mumbai (www.detection-india.com).
About Halma:
Halma is an international market leader in safety, health and sensor technology. It is a public company listed on the London Stock Exchange and has over 4000 employees in over 40 subsidiaries worldwide. Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India's economy in areas such as energy, manufacturing, healthcare, water and waste treatment, construction and transport. Halma has a hub office in Mumbai.
For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/. You can also visit Crowcon's own blog at http://halmapr.com/news/crowcon/.
Photo: http://www.halmapr.com/crowcon/Tetra3_gloved hand.jpg
CONTACT DETAILS
Kishore Degwekar, Managing Director, Detection Instruments Pvt. Ltd., +91 (22) 27617663 / 64 / 65 / 66, general@detection-india.com / sales@detection-india.com
Santosh Sen, Halma India, +91 (22) 67080400, santosh.sen@halma.com
Damian Corbet, Halma PR Services, +44 (0)1494 789152, dcorbet@halmapr.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, CHEMICALS, ENERGY, WATER, TECHNOLOGY, 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: Crowcon
Friday, July 29, 2011 10:29 AM IST (04:59 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Chemicals, Energy companies, Water; Technology; Healthcare
--------------------------------------------------
Crowcon's Tetra 3 Portable Gas Detector used by BBC Film Crew on Indonesian Volcano
Tetra 3 used to detect hydrogen sulphide gas in volcano's crater
Mumbai, Maharashtra, India, Friday, July 29, 2011 -- (Business Wire India) -- A BBC film crew filming sulphur miners in the crater of an active volcano in Indonesia used a Crowcon Tetra 3 portable gas detector to warn them of dangerous levels of hydrogen sulphide (H2S). The crew were filming as part of the BBC's landmark 'Human Planet' series which explores mankind's relationship with nature in the world today.
During filming the crew were engulfed in a cloud of H2S gas and had to quickly don gas masks (no such safety measures are used by the miners). They measured the gas concentration with the Tetra 3, which immediately went into alarm mode and showed a concentration of194 ppm - almost 40 times the safe breathing level. The corrosive gas quickly ate into the cameras, all of which promptly broke down.
Clip of film crew measuring H2S gas with the Tetra 3
Human Planet crews filmed in around 80 locations worldwide, using HD cameras to film from the air, from the ground and underwater. The result, according to the BBC website, is a "cinematic experience" created by world-class natural history and documentary camera crews and programme makers.
Crowcon's lightweight, portable Tetra 3 combines extremely rugged design with small size and simple operation. Designed for use in the most demanding environments, it has simple, single button operation, even with a gloved hand. Monitoring oxygen, toxic and flammable gases, the unit has a top mounted, backlit display showing all gas readings, diagnostics and battery life.
If a hazard is detected, the Tetra 3 gives rapid and effective warning with a powerful 95 dBA audible alarm, an extremely bright red/blue LED visual warning, and by vibrating. More information about the tetra 3 can be found on Crowcon's website.
About Crowcon:
Crowcon (www.crowcon.com), a subsidiary of Halma p.l.c. (www.halma.com), is a world leader in portable and fixed gas detection instruments. The company is represented in India by Crowcon's Joint Venture partner Detection Instruments Pvt. Ltd. in Mumbai (www.detection-india.com).
About Halma:
Halma is an international market leader in safety, health and sensor technology. It is a public company listed on the London Stock Exchange and has over 4000 employees in over 40 subsidiaries worldwide. Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India's economy in areas such as energy, manufacturing, healthcare, water and waste treatment, construction and transport. Halma has a hub office in Mumbai.
For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/. You can also visit Crowcon's own blog at http://halmapr.com/news/crowcon/.
Photo: http://www.halmapr.com/crowcon/Tetra3_gloved hand.jpg
CONTACT DETAILS
Kishore Degwekar, Managing Director, Detection Instruments Pvt. Ltd., +91 (22) 27617663 / 64 / 65 / 66, general@detection-india.com / sales@detection-india.com
Santosh Sen, Halma India, +91 (22) 67080400, santosh.sen@halma.com
Damian Corbet, Halma PR Services, +44 (0)1494 789152, dcorbet@halmapr.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, CHEMICALS, ENERGY, WATER, TECHNOLOGY, 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: Bank PO Common Entrance Test 2011, Free Mock Test Released
Press release from Business Wire India
Source: JTS Institute
Friday, July 29, 2011 10:24 AM IST (04:54 AM GMT)
Editors: General: Consumer interest, People; Business: Accounting & management consultancy services, Banking & financial services, Business services, Education & training
--------------------------------------------------
Bank PO Common Entrance Test 2011, Free Mock Test Released
Now the candidates preparing for the forthcoming Bank PO Common Entrance Exam can make their preparation more effective with a mock test compiled by experts in bank exams
New Delhi, Delhi, India, Friday, July 29, 2011 -- (Business Wire India) -- Candidates planning to appear for the forthcoming bank PO common Entrance exam can now get rid of all concerns regarding the exam pattern. Bangalore based JTS Institute has released a Mock Test exclusively for this exam. And the good news is that the mock test is available on net absolutely free of cost. It can be downloaded from www.JTSinstitute.org
This is the first time that a Common Written Examination (CWE) is being conducted by the Institute of Banking Personnel Selection (IBPS) as a pre-requisite for selection of personnel for Probationary Officer and Management Trainee posts in nineteen Public Sector Banks.
Allahabad Bank, Indian Overseas Bank , Andhra Bank , Oriental Bank of Commerce , Bank of Baroda , Punjab National Bank , Bank of India, Punjab & Sind Bank , Bank of Maharashtra , Syndicate Bank , Canara Bank , Union Bank of India , Central Bank of India , United Bank of India , Corporation , Bank UCO Bank , Dena Bank, Vijaya Bank , Indian Bank are the nineteen public sector banks that approved this common entrance test.
This system of Common Examination for recruitment of Probationary Officers and Management Trainees has been approved by each of the 19 participating Public Sector Banks and the Managing Committee of the Indian Banks' Association (IBA) with the consent of the Government of India.
The common entrance test comprises five objective tests and one descriptive test on English Composition.Objective tests are in Reasoning, Quantitative Aptitude, English Language, General Awareness and Computer Knowledge.
"Since the common entrance exam for recruiting personnel for officer and Management trainee posts are being held for the first time, there is a lot of concern on what will be the style of the exam, and this mock test is an answer to such concern" says Poornima Joshi, Academic coordinator of Bank Exam Research center.
JTS Institute also offers a well-designed classroom coaching and postal coaching programmes for this common entrance exam.
"Postal coaching programme contains 15 booklets and that covers the entire syllabus. Another feature of the postal coaching is that, it gives original question papers of all bank PO exams held from January 2010 to July 2011. Altogether 20 question papers with detailed answers are included in this package." Says Professor Antony D'Souza, Academic Director of JTS Institute.
"Postal coaching students also will get three final mock tests, which contains the most probable questions for the forthcoming common exam. Postal coaching is designed in such a way that, a candidate can clear the exam without the help of any other material. Further details can be had from www.JTSinstitute.org" adds Professor D'Souza.
CONTACT DETAILS
Rahul, JTS Institute, +91 900177755
KEYWORDS
CONSUMER, PEOPLE, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, EDUCATION
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: JTS Institute
Friday, July 29, 2011 10:24 AM IST (04:54 AM GMT)
Editors: General: Consumer interest, People; Business: Accounting & management consultancy services, Banking & financial services, Business services, Education & training
--------------------------------------------------
Bank PO Common Entrance Test 2011, Free Mock Test Released
Now the candidates preparing for the forthcoming Bank PO Common Entrance Exam can make their preparation more effective with a mock test compiled by experts in bank exams
New Delhi, Delhi, India, Friday, July 29, 2011 -- (Business Wire India) -- Candidates planning to appear for the forthcoming bank PO common Entrance exam can now get rid of all concerns regarding the exam pattern. Bangalore based JTS Institute has released a Mock Test exclusively for this exam. And the good news is that the mock test is available on net absolutely free of cost. It can be downloaded from www.JTSinstitute.org
This is the first time that a Common Written Examination (CWE) is being conducted by the Institute of Banking Personnel Selection (IBPS) as a pre-requisite for selection of personnel for Probationary Officer and Management Trainee posts in nineteen Public Sector Banks.
Allahabad Bank, Indian Overseas Bank , Andhra Bank , Oriental Bank of Commerce , Bank of Baroda , Punjab National Bank , Bank of India, Punjab & Sind Bank , Bank of Maharashtra , Syndicate Bank , Canara Bank , Union Bank of India , Central Bank of India , United Bank of India , Corporation , Bank UCO Bank , Dena Bank, Vijaya Bank , Indian Bank are the nineteen public sector banks that approved this common entrance test.
This system of Common Examination for recruitment of Probationary Officers and Management Trainees has been approved by each of the 19 participating Public Sector Banks and the Managing Committee of the Indian Banks' Association (IBA) with the consent of the Government of India.
The common entrance test comprises five objective tests and one descriptive test on English Composition.Objective tests are in Reasoning, Quantitative Aptitude, English Language, General Awareness and Computer Knowledge.
"Since the common entrance exam for recruiting personnel for officer and Management trainee posts are being held for the first time, there is a lot of concern on what will be the style of the exam, and this mock test is an answer to such concern" says Poornima Joshi, Academic coordinator of Bank Exam Research center.
JTS Institute also offers a well-designed classroom coaching and postal coaching programmes for this common entrance exam.
"Postal coaching programme contains 15 booklets and that covers the entire syllabus. Another feature of the postal coaching is that, it gives original question papers of all bank PO exams held from January 2010 to July 2011. Altogether 20 question papers with detailed answers are included in this package." Says Professor Antony D'Souza, Academic Director of JTS Institute.
"Postal coaching students also will get three final mock tests, which contains the most probable questions for the forthcoming common exam. Postal coaching is designed in such a way that, a candidate can clear the exam without the help of any other material. Further details can be had from www.JTSinstitute.org" adds Professor D'Souza.
CONTACT DETAILS
Rahul, JTS Institute, +91 900177755
KEYWORDS
CONSUMER, PEOPLE, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, EDUCATION
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: Ocean Thin Films Expands PixelTec Patterned Optical Coating Capability
Press release from Business Wire India
Source: Ocean Thin Films
Friday, July 29, 2011 10:04 AM IST (04:34 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Chemicals; Technology; Healthcare
--------------------------------------------------
Ocean Thin Films Expands PixelTec Patterned Optical Coating Capability
Mumbai, Maharashtra, India, Friday, July 29, 2011 -- (Business Wire India) -- To grow its exclusive PixelTecT patterned optical coating technology, Ocean Thin Films has expanded its Colorado, USA facility. The pioneer in lithographic patterning of optical coatings, with more than 2 million precision patterned optics delivered, Ocean Thin Films continues to advance its patented process by adding a new clean room and specialty equipment.
PixelTec optical coatings are increasingly used for purpose-specific performance in a multitude of medical, defense, and industrial applications, enabling more compact, robust, and cost-effective devices. The Colorado expansion includes another dedicated, class 1000 semiconductor-grade clean room outfitted with advanced patterning and alignment equipment, and class 100 work areas. The ITAR Registered and ISO 9001:2008 certified facility is now delivering a wider range of complex custom patterned coatings.
PixelTec technology enables micron-scale patterning of multiple thin film optical coatings on a single substrate including:
-- Precision patterning of intricate features, shapes, and sizes with sub-pixel alignment accuracy.
-- Dielectric, metallic, and transparent conductive (ITO/IMITO) coatings engineered for custom spectral properties.
-- Multi-filter arrays on monolithic substrates, scalable to high volume production.
"Multispectral imaging and sensing is an exciting example where clients are leveraging the benefits of PixelTec patterned dichroic coatings - configuring real-time custom imagers and sensors for everything from enhanced surveillance to non-invasive detection of cancer and disease," explains Randel Mercer, Ocean Thin Film's Vice President of Business Development.
"Our innovative PixelTec patterning expertise also supports precision reticles, variable filters, EMI/RFI shielding, and other custom optics. This expansion is the latest in our continued investment to ensure customers receive the best-in-class patterning capability coupled with high quality optical coatings."
About SeaChanger
USA-based SeaChanger (www.seachangeronline.com), part of Ocean Thin Films, created a milestone in the evolution of theatrical lighting, the CYMxG colour changer for ETC Source Four Ellipsoidals. Through its patented processes the SeaChanger line of fixtures yields the most robust and highest transmission dichroics available. Colour, intensity and saturation of theatrical and studio lighting are controlled with unprecedented levels of precision and ease. This technology has been widely adopted and is now found in high-end installations around the globe including New York, Tokyo, Hong Kong, Seoul, Dubai and London. The company is a subsidiary of Halma p.l.c. and has two distributors in India.
About Halma
Halma p.l.c. (www.halma.com) is an international market leader in safety, health and sensor technology. A public company listed on the London Stock Exchange, it has 3,600 employees in 36 subsidiaries worldwide. Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India's economy in areas such as manufacturing, energy, water and waste treatment, the environment, construction, transport and health.
Halma recently opened a Hub office in Mumbai. For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/.
Photo: Ocean Thin Film's Colorado, USA facility has been upgraded to deliver a wider range of custom patterned coatings
CONTACT DETAILS
Bhushan Dhakras, Halma Trading and Services India Pvt. Ltd., +91 (22) 67080400, bhushan.dhakras@oceanthinfilms.com
Santosh Sen, Halma India, +91 (22) 67080400/ +91 9820247680, santosh.sen@halma.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, CHEMICALS, TECHNOLOGY, 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: Ocean Thin Films
Friday, July 29, 2011 10:04 AM IST (04:34 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Chemicals; Technology; Healthcare
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Ocean Thin Films Expands PixelTec Patterned Optical Coating Capability
Mumbai, Maharashtra, India, Friday, July 29, 2011 -- (Business Wire India) -- To grow its exclusive PixelTecT patterned optical coating technology, Ocean Thin Films has expanded its Colorado, USA facility. The pioneer in lithographic patterning of optical coatings, with more than 2 million precision patterned optics delivered, Ocean Thin Films continues to advance its patented process by adding a new clean room and specialty equipment.
PixelTec optical coatings are increasingly used for purpose-specific performance in a multitude of medical, defense, and industrial applications, enabling more compact, robust, and cost-effective devices. The Colorado expansion includes another dedicated, class 1000 semiconductor-grade clean room outfitted with advanced patterning and alignment equipment, and class 100 work areas. The ITAR Registered and ISO 9001:2008 certified facility is now delivering a wider range of complex custom patterned coatings.
PixelTec technology enables micron-scale patterning of multiple thin film optical coatings on a single substrate including:
-- Precision patterning of intricate features, shapes, and sizes with sub-pixel alignment accuracy.
-- Dielectric, metallic, and transparent conductive (ITO/IMITO) coatings engineered for custom spectral properties.
-- Multi-filter arrays on monolithic substrates, scalable to high volume production.
"Multispectral imaging and sensing is an exciting example where clients are leveraging the benefits of PixelTec patterned dichroic coatings - configuring real-time custom imagers and sensors for everything from enhanced surveillance to non-invasive detection of cancer and disease," explains Randel Mercer, Ocean Thin Film's Vice President of Business Development.
"Our innovative PixelTec patterning expertise also supports precision reticles, variable filters, EMI/RFI shielding, and other custom optics. This expansion is the latest in our continued investment to ensure customers receive the best-in-class patterning capability coupled with high quality optical coatings."
About SeaChanger
USA-based SeaChanger (www.seachangeronline.com), part of Ocean Thin Films, created a milestone in the evolution of theatrical lighting, the CYMxG colour changer for ETC Source Four Ellipsoidals. Through its patented processes the SeaChanger line of fixtures yields the most robust and highest transmission dichroics available. Colour, intensity and saturation of theatrical and studio lighting are controlled with unprecedented levels of precision and ease. This technology has been widely adopted and is now found in high-end installations around the globe including New York, Tokyo, Hong Kong, Seoul, Dubai and London. The company is a subsidiary of Halma p.l.c. and has two distributors in India.
About Halma
Halma p.l.c. (www.halma.com) is an international market leader in safety, health and sensor technology. A public company listed on the London Stock Exchange, it has 3,600 employees in 36 subsidiaries worldwide. Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India's economy in areas such as manufacturing, energy, water and waste treatment, the environment, construction, transport and health.
Halma recently opened a Hub office in Mumbai. For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/.
Photo: Ocean Thin Film's Colorado, USA facility has been upgraded to deliver a wider range of custom patterned coatings
CONTACT DETAILS
Bhushan Dhakras, Halma Trading and Services India Pvt. Ltd., +91 (22) 67080400, bhushan.dhakras@oceanthinfilms.com
Santosh Sen, Halma India, +91 (22) 67080400/ +91 9820247680, santosh.sen@halma.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, CHEMICALS, TECHNOLOGY, HEALTHCARE
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BWI: Alicat Scientific MCV Mass Flow Controller for Vacuum Industry Features Integrated Pneumatic Shut-Off Valve
Press release from Business Wire India
Source: Alicat
Friday, July 29, 2011 10:03 AM IST (04:33 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Chemicals, Commodities & materials, Electronic appliances & components, Heavy industries, Retailers
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Alicat Scientific MCV Mass Flow Controller for Vacuum Industry Features Integrated Pneumatic Shut-Off Valve
Mumbai, Maharashtra, India, Friday, July 29, 2011 -- (Business Wire India) -- For vacuum coating and sputtering processes, Alicat Scientific's MCV mass flow controller provides the tight shut-off parameters required to maintain product integrity. Its integrated pneumatic shut-off valve is normally closed, affording positive shut-off of 1 x 10-9 atm sccm/sec Helium max.
The Alicat MCV accurately controls gas flow rates as low as 0.5 sccm or as high as 20 slpm with response times of 50 to 100 milliseconds. Fast response times can greatly improve vacuum coating end products and help eliminate target poisoning. Pre-programmed with calibrations for 30 gases, the MCV displays mass flow, volumetric flow, absolute pressure and temperature. The unit may be programmed directly through the instrument's keypad or remotely via RS-232 (RS-485 also available).
The MCV uses the same patented laminar flow differential pressure (DP) technology as all Alicat Scientific flow instruments, is supplied with NIST traceable certification and carries the CE mark.
About Alicat
Alicat Scientific (www.alicatscientific.com) designs and manufactures mass flow devices used in medical and scientific instrumentation, as well as specialty industrial applications, for high-precision measurement of gas and liquid flows. Its products include mass and liquid flow meters and controllers; pressure controllers; digital pressure and vacuum gauges; portable flow meters; calibration standards; software and accessories.
About Halma
Alicat is a subsidiary company of Halma p.l.c. (www.halma.cn), an international market leader in safety, health and sensor technology. Halma is a public company listed on the London Stock Exchange and has approximately 4000 employees in 40 subsidiaries worldwide. Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India's economy in areas such as energy, manufacturing, healthcare, water and waste treatment, construction and transport. Halma has a hub office in Mumbai.
For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/.
Photo: http://halmapr.com/alicat/MCVRelease.jpg
CONTACT DETAILS
Sathish Kumar, Aeronics eMaROh, +91 (80) 23459590, sathish@aeronics.in
Santosh Sen, Halma India, +91 (22) 67080400/ +91 9820247680, santosh.sen@halma.com
Damian Corbet, Halma PR Services, +44 (0)1494 789152, dcorbet@halmapr.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, CHEMICALS, COMMODITIES, ELECTRONICS, HEAVY INDUSTRIES, RETAIL
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: Alicat
Friday, July 29, 2011 10:03 AM IST (04:33 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Chemicals, Commodities & materials, Electronic appliances & components, Heavy industries, Retailers
--------------------------------------------------
Alicat Scientific MCV Mass Flow Controller for Vacuum Industry Features Integrated Pneumatic Shut-Off Valve
Mumbai, Maharashtra, India, Friday, July 29, 2011 -- (Business Wire India) -- For vacuum coating and sputtering processes, Alicat Scientific's MCV mass flow controller provides the tight shut-off parameters required to maintain product integrity. Its integrated pneumatic shut-off valve is normally closed, affording positive shut-off of 1 x 10-9 atm sccm/sec Helium max.
The Alicat MCV accurately controls gas flow rates as low as 0.5 sccm or as high as 20 slpm with response times of 50 to 100 milliseconds. Fast response times can greatly improve vacuum coating end products and help eliminate target poisoning. Pre-programmed with calibrations for 30 gases, the MCV displays mass flow, volumetric flow, absolute pressure and temperature. The unit may be programmed directly through the instrument's keypad or remotely via RS-232 (RS-485 also available).
The MCV uses the same patented laminar flow differential pressure (DP) technology as all Alicat Scientific flow instruments, is supplied with NIST traceable certification and carries the CE mark.
About Alicat
Alicat Scientific (www.alicatscientific.com) designs and manufactures mass flow devices used in medical and scientific instrumentation, as well as specialty industrial applications, for high-precision measurement of gas and liquid flows. Its products include mass and liquid flow meters and controllers; pressure controllers; digital pressure and vacuum gauges; portable flow meters; calibration standards; software and accessories.
About Halma
Alicat is a subsidiary company of Halma p.l.c. (www.halma.cn), an international market leader in safety, health and sensor technology. Halma is a public company listed on the London Stock Exchange and has approximately 4000 employees in 40 subsidiaries worldwide. Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India's economy in areas such as energy, manufacturing, healthcare, water and waste treatment, construction and transport. Halma has a hub office in Mumbai.
For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/.
Photo: http://halmapr.com/alicat/MCVRelease.jpg
CONTACT DETAILS
Sathish Kumar, Aeronics eMaROh, +91 (80) 23459590, sathish@aeronics.in
Santosh Sen, Halma India, +91 (22) 67080400/ +91 9820247680, santosh.sen@halma.com
Damian Corbet, Halma PR Services, +44 (0)1494 789152, dcorbet@halmapr.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, CHEMICALS, COMMODITIES, ELECTRONICS, HEAVY INDUSTRIES, RETAIL
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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