Monday, April 30, 2012

BWI: Wipro to Acquire Analytics Co, Promax Applications Group

Press release from Business Wire India
Source: WIPRO
Monday, April 30, 2012 08:00 PM IST (02:30 PM GMT)
Editors: General: Consumer interest; Business: Business services, Information technology; Technology
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Wipro to Acquire Analytics Co, Promax Applications Group


Bangalore, Karnataka, India, Monday, April 30, 2012 -- (Business Wire India) -- Wipro Limited (NYSE:WIT) today announced that it has signed an agreement to acquire Promax Applications Group (PAG), a leading player in trade promotion planning, management, and optimization solutions space for a total purchase consideration of AUD 35 Million.

As per industry estimates, consumer focused companies spend 12 to 25% of their gross annual sales on trade promotions. Organizations are increasingly leveraging analytics to enhance effectiveness and maximize the return on investment (ROI) of their spend on trade promotions.

"Analytics is a key growth driver of Wipro's growth strategy. The acquisition of Promax Applications Group will strengthen Wipro's positioning and capability in management, analytics & optimization of trade promotions, and further extends our leadership in analytics and information management services. Combining PAG's deep industry expertise with Wipro's proven experience in delivering end-to-end large business solutions to global clients, will enable our clients to maximize the ROI of Trade Promotion spends", said K.R Sanjiv, Senior Vice President and Global Head, Analytics and Information Management, Wipro.

Don Nicol, CEO of Promax Applications Group, added "We are excited and proud at the prospect of joining Wipro which is recognized globally for its comprehensive portfolio of services and, strategic focus on advanced analytics capabilities. PAG will help Wipro to differentiate its offerings in the trade and marketing management space through an added value proposition. The combined entity will provide clients access to an enhanced portfolio of technologies and solutions, and provide employees enhanced training, growth and career opportunities."

Avendus Capital acted as the exclusive financial advisor to Wipro on this transaction.

Completion of the acquisition is subject to customary closing conditions and regulatory approvals and will be closed in the current April-June 2012 quarter. The newly formed entity will be called as Wipro Promax Analytics Solutions Pty Ltd.

About Wipro Limited (NYSE: WIT)

Wipro provides comprehensive IT solutions and services, including systems integration, Information Systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. Wipro also has a strong presence in niche market segments of Infrastructure Engineering and Consumer Products & Lighting. For more information, please visit our websites at www.wipro.com

About Promax

Promax Applications Group (PAG) is a world-leading specialist in trade promotion planning, management, and optimization solutions. With headquarter operations based in Australia and offices now in New Zealand, Japan, Central Europe, United Kingdom and North America, PAG boasts an impressive stable of global consumer goods companies. Promax solutions are result of more than twenty years' experience working in close collaboration with leading consumer goods manufacturers, retailers and distributors.

Promax solution has been designed to allow a seamless, automated process to Track, Predict and Optimize promotions and trade spend. It incorporates the most sophisticated tools to maximize a client's return on trade spend investment, and deliver optimal outcomes for retail partners. For more information, please visit www.promaxtpo.com

Forward-looking and Cautionary Statements

The forward-looking statements contained herein represent Wipro's beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro's control. Such statements include, but are not limited to, statements regarding Wipro's growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.


CONTACT DETAILS
Vipin Nair, Wipro Limited, +91 (80) 39918071, vipin.nair1@wipro.com
Aravind Viswanathan, Wipro Limited, + 91 (80) 39916143, aravind.viswanathan@wipro.com

KEYWORDS
CONSUMER, BUSINESS SERVICES, IT, TECHNOLOGY

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BWI: Collabnet Ushers in the Next Evolution in Software Development: Enterprise Cloud Development

Press release from Business Wire India
Source: CollabNet
Monday, April 30, 2012 06:45 PM IST (01:15 PM GMT)
Editors: General: Consumer interest, People; Business: Business services, Information technology; Technology
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Collabnet Ushers in the Next Evolution in Software Development: Enterprise Cloud Development
CollabNet aligns strategy with Enterprise Cloud Development; adds and integrates CloudForge into its product portfolio to drive hybrid cloud development and deployment

Brisbane, Calif., United States, Monday, April 30, 2012 -- (Business Wire India) -- CollabNet® ( www.collab.net), a global leader for Enterprise Cloud Development and Agile ALM products and services, today unveiled its new corporate strategy to support the enterprise adoption of hybrid cloud development and deployment. It is the culmination of 12 years of development vision, innovation and community-building to better connect teams, processes and tools, both on premise and in private and public clouds. In addition to launching its new strategy, corporate website and a host of thought leadership content around Enterprise Cloud Development, CollabNet today launched CloudForgeT, the industry's first enterprise-grade development-Platform-as-a-Service (dPaaS), and also integrated CloudForge into its on-premise TeamForge® and Subversion Edge products.

"The information technology sector, and the software development industry in particular, is rapidly evolving into a mix of Agile, DevOps and hybrid cloud practices to accelerate application development and deployment," said Bill Portelli, co-founder and CEO for CollabNet. "Enterprise Cloud Development is the evolution of basic cloud development, as it enables enterprises to extend their internal IT practices to the external cloud in a flexible and hybrid nature by leveraging existing systems and embracing new platforms. Our customers are telling us that their software engineering processes must be enhanced to introduce new spans of control as their teams adopt hybrid cloud development and deployment."

As part of its corporate alignment to support Enterprise Cloud Development, CollabNet unveiled its new website that includes a series of online presentations, and is sponsoring an IDG TechCast called "What you need to know about Enterprise Cloud Development." The TechCast is available for immediate viewing and includes videos of CollabNet executives, partners and industry influencers, a white paper and animated video scribe outlining five practical steps to incorporate cloud development into Agile and DevOps practices.

To register for CollabNet's free webinar on Enterprise Cloud Development, please visit: ( http://visit.collab.net/ecdevent.html).

Follow this link ( http://www.collab.net/ecd) for useful content:

-- Online presentations of CollabNet executives, partners and industry influencers.

-- Download the 5 Steps to Enterprise Cloud Development white paper.

-- View the Enterprise Cloud Development animated video scribe.

Follow these links to:

-- Try the free beta of CloudForge at ( http://cloudforge.com/try).

-- Visit CollabNet's new website at ( www.collab.net).

Industry research shows that cloud development is quickly working its way into the overall enterprise IT mix. For instance, a 2011 study conducted by Saugatuck Technology indicated that "75 percent of all companies will be doing some of their development in the cloud in 2012, and an average of 50 percent of new software deployments worldwide will be made in the cloud by the end of 2014."

Based on its years of experience and patterns of customer success, CollabNet has outlined a blueprint containing five practical steps to guide organizations on their path to Enterprise Cloud Development as they adopt hybrid cloud IT into the application development and deployment lifecycle. The steps include: 1) embrace the cloud for centralizing access and visibility to tools and processes; 2) create a robust coding community to encourage reuse; 3) codify development processes by standardizing tools, workflows and processes; 4) automate DevOps practices; and 5) take a hybrid approach by leveraging public and on-premise private cloud resources in a secure, compliant and optimal way.

To deliver customer and industry value, CollabNet's Enterprise Cloud Development strategy is strengthened by three new product offerings:

1) The launch of CloudForge: CollabNet's next-generation dPaaS is built from the previously acquired Codesion® public cloud hosting platform, and meets the needs of professional teams throughout the entire organization. It helps developers and IT managers instantly develop and deploy software using a hybrid mix of tools, application frameworks and deployment clouds - all with enterprise security and compliance in place.

2) Standardizing Enterprise Cloud Development for the industry: CloudForge adds unique capabilities for its users, and creates new dPaaS business opportunities for third-parties through its new App Center. By offering complimentary, best-of-breed development and deployment services, including Cloud Foundry and SOASTA, users gain integrated functionality and platform partners can directly access CollabNet's more than 10,000 customers. It also helps CollabNet rapidly expand its menu of services offered within the CloudForge user interface.

3) ALM and SCM hybrid cloud services: Initially, CloudForge Cloud Services will be available to customers with on-premise deployments of Subversion Edge and TeamForge. A new Subversion Edge CloudBackup service now provides seamless Subversion data archiving, redundancy and migration capabilities for any on-premise user of Subversion Edge or TeamForge, without leaving their own desktop environment. Later in the year, additional hybrid cloud services will be available in TeamForge and Subversion Edge, such as elastic server provisioning for build, test and deployment.

"Software development is changing, due in part to the growth of cloud computing. Smaller teams are taking the lead with cloud-based development, and in turn proving value and gaining the attention of executives responsible for the bottom-line," said Ben Kepes, principal at research firm Diversity Analysis. "As enterprise IT looks to cloud development, offerings such as CollabNet's, that provide the foundation for companies to embrace the cloud in a manner that integrates into and extends existing development processes, will be seen as the best way of ensuring efficiency and effectiveness."

Share this story via Twitter: @CollabNet launches new #cloud #software #development for the #enterprise. Learn more today at www.collab.net/ecd

About CollabNet

CollabNet is a leading provider of Enterprise Cloud Development and Agile ALM products and services for software-driven organizations. With more than 10,000 global customers, the company provides a suite of platforms and services to address three major trends disrupting the software industry: Agile, DevOps and hybrid cloud development. Its CloudForgeT development-Platform-as-a-Service (dPaaS) enables cloud development through a flexible platform that is team friendly, enterprise ready and integrated to support leading third party tools. The CollabNet TeamForge® ALM, ScrumWorks® Pro project management and Subversion Edge source code management platforms can be deployed separately or together, in the cloud or on-premise. CollabNet complements its technical offerings with industry leading consulting and training services for Agile and cloud development transformations. Many CollabNet customers improve productivity by as much as 70 percent, while reducing costs by 80 percent. For more information, please visit ( www.collab.net).

CollabNet, TeamForge, and ScrumWorks are registered trademarks of CollabNet, Inc. CloudForge is a trademark of CollabNet, Inc. Subversion is a registered trademark of the Apache Software Foundation. Other names may be trademarks of their respective holders.



CONTACT DETAILS
Christie Denniston, Catapult PR-IR, 303-827-5164/303-581-7760, cdenniston@catapultpr-ir.com

KEYWORDS
CONSUMER, PEOPLE, BUSINESS SERVICES, IT, TECHNOLOGY

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BWI: WNS (Holdings) Limited Files Annual Report on Form 20-F

Press release from Business Wire India
Source: WNS
Monday, April 30, 2012 06:10 PM IST (12:40 PM GMT)
Editors: General: Consumer interest; Business: Banking & financial services, Business services, Information technology, Telecommunications; Technology
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WNS (Holdings) Limited Files Annual Report on Form 20-F


New York, United States and Mumbai, Maharashtra, India, Monday, April 30, 2012 -- (Business Wire India) -- WNS (Holdings) Limited ("WNS") (NYSE: WNS), a leading provider of global business process outsourcing services, announced that it has filed its annual report on Form 20-F for the fiscal year ended March 31, 2012, containing its annual consolidated financial statements for that fiscal year and the auditors' report thereon (the "2012 Annual Report"), with the United States Securities and Exchange Commission.

The 2012 Annual Report is available on WNS' corporate Web site at www.wns.com, in the Investor Relations section. WNS will, upon request, provide shareholders with a copy of the 2012 Annual Report free of charge. Requests should be made by sending a written request to our registered office or by sending an email to ccssjersey@computershare.co.je, attention Jennifer Yu or Ronald.DMello@wns.com, attention: Ronald D'Mello.

About WNS

WNS (Holdings) Limited (NYSE: WNS), is a leading global business process outsourcing company. WNS offers business value to 200+ global clients by combining operational excellence with deep domain expertise in key industry verticals including Insurance, Travel & Leisure, Manufacturing, Retail, Consumer Products, Telecom & Diversified Businesses, Consulting & Professional Services, Healthcare, Banking & Financial Services, Utilities and Shipping & Logistics. WNS delivers a broad spectrum of business process outsourcing services such as finance and accounting, customer care, technology solutions, research and analytics and industry specific back office and front office processes. WNS has over 23,000 professionals across 25 delivery centers worldwide including Costa Rica, India, the Philippines, Romania, Sri Lanka and United Kingdom. For more information, visit www.wns.com .



CONTACT DETAILS
David Mackey,Sr. Vice President - Finance & Head of Investor Relations, WNS (Holdings) Limited, +1 248 630 5197, ir@wns.com
Sumi Gupta,Public Relations, WNS (Holdings) Limited, +91 (22) 4095 2263, sumi.gupta@wns.com;pr@wns.com

KEYWORDS
CONSUMER, BANKING, BUSINESS SERVICES, IT, TELECOMMUNICATIONS, TECHNOLOGY

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BWI: WNS (Holdings) Limited Files Annual Report on Form 20-F

Press release from Business Wire India
Source: WNS
Monday, April 30, 2012 06:10 PM IST (12:40 PM GMT)
Editors: General: Consumer interest; Business: Banking & financial services, Business services, Information technology, Telecommunications; Technology
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WNS (Holdings) Limited Files Annual Report on Form 20-F


New York, United States and Mumbai, Maharashtra, India, Monday, April 30, 2012 -- (Business Wire India) -- WNS (Holdings) Limited ("WNS") (NYSE: WNS), a leading provider of global business process outsourcing services, announced that it has filed its annual report on Form 20-F for the fiscal year ended March 31, 2012, containing its annual consolidated financial statements for that fiscal year and the auditors' report thereon (the "2012 Annual Report"), with the United States Securities and Exchange Commission.

The 2012 Annual Report is available on WNS' corporate Web site at www.wns.com, in the Investor Relations section. WNS will, upon request, provide shareholders with a copy of the 2012 Annual Report free of charge. Requests should be made by sending a written request to our registered office or by sending an email to ccssjersey@computershare.co.je, attention Jennifer Yu or Ronald.DMello@wns.com, attention: Ronald D'Mello.

About WNS

WNS (Holdings) Limited (NYSE: WNS), is a leading global business process outsourcing company. WNS offers business value to 200+ global clients by combining operational excellence with deep domain expertise in key industry verticals including Insurance, Travel & Leisure, Manufacturing, Retail, Consumer Products, Telecom & Diversified Businesses, Consulting & Professional Services, Healthcare, Banking & Financial Services, Utilities and Shipping & Logistics. WNS delivers a broad spectrum of business process outsourcing services such as finance and accounting, customer care, technology solutions, research and analytics and industry specific back office and front office processes. WNS has over 23,000 professionals across 25 delivery centers worldwide including Costa Rica, India, the Philippines, Romania, Sri Lanka and United Kingdom. For more information, visit www.wns.com .



CONTACT DETAILS
David Mackey,Sr. Vice President - Finance & Head of Investor Relations, WNS (Holdings) Limited, +1 248 630 5197, ir@wns.com
Sumi Gupta,Public Relations, WNS (Holdings) Limited, +91 (22) 4095 2263, sumi.gupta@wns.com;pr@wns.com

KEYWORDS
CONSUMER, BANKING, BUSINESS SERVICES, IT, TELECOMMUNICATIONS, TECHNOLOGY

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BWI: Now, Innovative Stereotactic Radiosurgery for Brain Tumours – It’s Just a Four Minute Treatment

Press release from Business Wire India
Source: BGS Global Hospitals
Monday, April 30, 2012 04:49 PM IST (11:19 AM GMT)
Editors: General: Consumer interest, People; Business: Business services, Healthcare, biotechnology & pharmaceutical; Technology; Healthcare
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Now, Innovative Stereotactic Radiosurgery for Brain Tumours - It's Just a Four Minute Treatment


Bangalore, Karnataka, India, Monday, April 30, 2012 -- (Business Wire India) -- -- Non-invasive treatment of benign brain tumours

-- Stereotactic Radiosurgery achieves the same result as an open surgery

-- Patient benefits: A two day hospital stay, safe and painless


BGS Global Hospitals, part of the Global Hospitals Group announced the launch of an innovative Stereotactic Radiosurgery procedure which takes just four minutes to treat brain tumours.

Stereotactic Radiosurgery is a specialized technology of reaching the tumour (a focal point) in the brain through three dimensional measurements and calculations. This is done by a special instrument called Stereotactic Frame which will give the coordinates to reach the target tumour and radiation is delivered to the tumour without damaging the neighbouring structures. The procedure involves delivery of a single, high dose of radiation to a small and critically located brain tissue through the intact skull.

Dr. N. K. Venkataramana, Vice-Chairman and Chief Neurosurgeon, BGS Global Hospitals said, "Stereotactic Radiosurgery offers a great advantage in treating benign tumours as well as brain tumours located in critical areas without an open surgery. This method has become the standard of treatment all over the world for the Arteriovenous Malformations of the brain wherein surgery is of high risk. In addition, people with multiple medical problems who are otherwise not fit to undergo neurosurgery now have an option of Stereotactic Radiosurgery. Today's refined technology has made it acceptable to neurosurgeons worldwide by providing comparable and safe results. In addition, this technology has brought down the time of treatment to just four minutes by providing enormous amount of patient comfort. Safety, speed and accuracy are what neurosurgeons can achieve today in Stereotactic neurosurgery through this modern technology. Stereotactic Neurosurgery is a team work by Neurosurgeons, Physicists and Radiation Oncologists. BGS Global Hospitals hopes to make a real change in the field of Neuro-Oncology and serve the needy ones better in the future."

Professor John R. Adler, pioneer in stereotactic radiosurgery from California, US stated, "Varian TrueBeam STx is today the most powerful radio surgical technology in the world. By being the first in India to have this equipment the BGS Global Radiosurgery Program is better able to treat a wide range of brain & spine tumors and even non tumor conditions such as vascular malformations. In addition BGS Global Hospitals is well positioned to treat a number of exciting future clinical applications including epilepsy, depression & stroke."

Speaking on the occasion, Mr. Chandra Sekhar, Executive Director, Global Hospitals Group said, "BGS Global Hospitals recently launched the BGS Global Cancer Institute offering organ-specific cancer treatments for a variety of cancers. At the Institute, the world's most advanced radio therapy machine and technology, the 'Truebeam STx' was commissioned for the first time in Asia-Pacific. The machine, further upgraded with advanced software and image fusion makes stereotactic radiosurgery possible with utmost patient safety and exceptional accuracy."

Patient benefits with Stereotactic Radiosuregry

-- Achieves the same result as an open surgery

-- Speed: Time of treatment, just 4 minutes

-- Safety

-- Non invasive, skull intact

-- Very short hospital stay of 2 days compared to 7-10 days stay in open surgery

-- Painless

Dr. N. K. Venkataramana further added, "The Neurosciences Institute of BGS Global Hospitals has been providing state-of-the art treatment facility of all diseases of the brain and spine. The Department has successfully completed over 4000 neurosurgical procedures. Complete range of services is offered like neurology, neurosurgery, spine surgery, neuro trauma, neurocritical care, neuro anaesthesia, neuro radiology, neuro pathology. Today this Department has acquired another notable feather in the cap by launching 'Stereotactic Radiosurgery'. It gives a fillip to the entire gamut of Neuro-Onco treatments."

To view the photograph, please click on the link below:
BGS Global Hospitals - Launch of Stereotactic Radiosurgery
For picture(s)/data to illustrate this release click below:

http://www.BusinessWireIndia.com/attachments/BGS_Global_Hospitals.jpg
BGS_Global_Hospitals.jpg


CONTACT DETAILS
Sandhya Prasad, DGM - Corporate Communications, BGS Global Hospitals, +91 98866 56787, sandhya.global@gmail.com

KEYWORDS
CONSUMER, PEOPLE, BUSINESS SERVICES, HEALTHCARE, TECHNOLOGY, HEALTHCARE

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BWI: GETIT’s Near Me enables Local Search Around You

Press release from Business Wire India
Source: GETIT
Monday, April 30, 2012 04:27 PM IST (10:57 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Business services, Information technology, Telecommunications; Technology
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GETIT's Near Me enables Local Search Around You
Near me feature available across Android, Blackberry, Windows and i-Phone

New Delhi, Delhi, India, Monday, April 30, 2012 -- (Business Wire India) -- Have you ever thought that you could get search results of your interest around your location, as close as one to two Kms? It is now possible with GETIT's 'NearMe' feature which has been integrated with all GETIT local search application. GETIT Infoservices Pvt. Ltd., the leader in local search and free classifieds in India has facilitated consumers with 'NearMe' feature which automatically updates the nearest location of the user via GPS or Internet to give the most appropriate and useful information. This new feature makes the search for your favorite pizza or multiplex easy and instant by providing access to search information anytime and anywhere on the move. The getit app can be conveniently downloaded from www.getit.in and from the link http://www.getit.in/apps/mobile/. You can also download the apps from respective app stores

-- For Getit on i-phone- http://itunes.apple.com/us/app/getit-local-search/id444439874?ls=1&mt=8

-- For Getit on android- https://play.google.com/store/apps/details?id=com.GetIt&feature=search_result

-- For Getit on Blackberry- http://appworld.blackberry.com/webstore/content/53181/?lang=en

-- For Getit on windows- http://www.windowsphone.com/en-IN/apps/05df6dfb-a545-4d47-98f6-17779d34729f


Commenting on the launch, Sidharth Gupta, CEO, GETIT Infoservices Pvt. Ltd. Said,

" Considering the fact that Android, Blackberry, Windows and i-Phone spans across thousands of different mobile devices and ranks highest in mobile operating systems, they are ideal platforms for GETIT to launch its new feature. GETIT will now connect to a wider audience and give them an enriching experience via this interface."

Today, mobile has become the powerhouse for information which can be accessed instantaneously anytime. With Nearme feature, whenever the user opens the application its nearest location is automatically updated through GPS or Internet. Now, when he searches for something, he gets results closest to his location which is more appropriate and useful. The results based on Near Me can also be viewed in the map integrated in the application. The map helps the user to search for direction, in case he is new to the place. 'NearMe' feature lets the user discover the nearest restaurants, hotels, coffee shops, ATMs etc. within a customized radius.

One of the unique aspects of Nearme feature is that it finds the places based on the user interests. The feature also enables to view location on maps, get directions and save the favorite items.

About GETIT Infoservices (P) Limited

GETIT Infoservices (P) Ltd is a pioneer in Local Search and Yellow Pages and free-classifieds in India. GETIT focuses on bringing buyers and sellers together through information products and services. To users it offers high quality local search and classified services that can be accessed through any media - online, voice, mobile & print. Equally it helps local businesses and SMEs grow by bringing them quality customers and enquiries.

More information is available on www.GETITgroup.in



CONTACT DETAILS
Rumjhum Gupta, 20:20 MSL, +91 9871749492
Saurabh Gupta, 20:20 MSL, +91 9818075578

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

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BWI: The Middle East Emerges a Hotbed of Activity for the District Cooling Market, Finds Frost & Sullivan

Press release from Business Wire India
Source: Frost & Sullivan
Monday, April 30, 2012 03:54 PM IST (10:24 AM GMT)
Editors: General: Consumer interest, Economy, Environment, People; Business: Business services, Construction, Energy companies, Major diversified industrial groups
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The Middle East Emerges a Hotbed of Activity for the District Cooling Market, Finds Frost & Sullivan
Hectic Construction Activity Widens the Market for District Cooling

Dubai, United Arab Emirates, Monday, April 30, 2012 -- (Business Wire India) -- The Middle East experiences the longest summers on earth, with temperatures ranging between 35-55 degrees Celsius. This has created a fertile market for district cooling, which is expected to grow at a healthy Compound Annual Growth Rate (CAGR) of 15.4 per cent from 2010 to 2016. A spate of construction projects worth nearly USD1 trillion across the Gulf Cooperation Council (GCC), especially in Saudi Arabia, Qatar, and Abu Dhabi, has thrown the market open to district cooling. Consumers and real estate companies realise that district cooling offers the best cooling services at better rates than traditional cooling methods.

New analysis from Frost & Sullivan ( http://www.buildingtechnologies.frost.com), Analysis of the District Cooling Market, finds that the market earned revenues of over USD1.11 billion in 2010 and estimates this to reach USD2.63 billion in 2016.

"Even though the initial capital investment is higher than conventional air conditioning, operating costs are considerably lower," says Frost & Sullivan Building Technologies Industry Manger for Middle East, North Africa and South Asia, Kumar Ramesh. "The district cooling process is more energy efficient as it consumes 40-50 per cent less energy than localised air conditioning systems."

This energy efficiency will appeal to companies investing in high-profile construction projects, as they are conscious of the impact of their buildings on the environment. While they are now demanding cost-effective and energy-efficient cooling systems like district cooling, the governments in the region are also becoming increasingly aware of the need to employ environment-friendly technologies.

The high capital investments required for district cooling also lowers the availability of credit for huge projects, which hampers the growth of small- and medium-scale district cooling firms - especially in the UAE. To overcome this credit crunch, many developers are now availing alternate credit facilities such as public-private partnerships (PPPs).

The market also has to strive to address mounting customer resentment regarding higher charges due to discrepancies in the billing system and capacity charges incurred by district cooling suppliers. Moreover, the scarcity of fresh water is hindering the functioning of district cooling central plant towers.

"Market participants can alleviate these issues to some extent by installing smart meters at the destination level for measuring the exact usage and enabling accurate billing," notes Kumar Ramesh. "They should also keep an eye out for innovative technologies that allow them to use deep sea cooling and Treated Sewage Water (TSW) in the central plant."

All these measures can go a long way in helping district cooling companies to tap the abundant opportunities presented by the lucrative Middle Eastern market.

If you are interested in more information on this study, please send an e-mail to Tanu Chopra/Deepshri Iyer, Corporate Communications, at tanu.chopra@frost.com/deepshrii@frost.com with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country.

Analysis of the District Cooling Market is part of the Building Management Technologies Growth Partnership Services program. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

Analysis of the District Cooling Market
P5B2-19



CONTACT DETAILS
Tanu Chopra,Corporate Communications - Middle East and North Africa, Frost & Sullivan, +91 98204 80089, tanu.chopra@frost.com
Deepshri Iyer,Corporate Communications - Middle East and North Africa, Frost & Sullivan, +91 (22) 6607 2038, deepshrii@frost.com
Nimisha Iyer,Corporate Communications -Middle East, North Africa and South Asia, Frost & Sullivan, +91 98200 50519, niyer@frost.com

KEYWORDS
CONSUMER, ECONOMY, ENVIRONMENT, PEOPLE, BUSINESS SERVICES, CONSTRUCTION, ENERGY, GROUPS

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BWI: BMW Financial Services steps up Investment in India

Press release from Business Wire India
Source: BMW India
Monday, April 30, 2012 03:38 PM IST (10:08 AM GMT)
Editors: General: Consumer interest, Lifestyle; Business: Automotives, Banking & financial services, Business services, Media & entertainment; Automotive
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BMW Financial Services steps up Investment in India
New Customer Interaction Centre introduced at BMW Financial Services India.

Gurgaon, Haryana, India, Monday, April 30, 2012 -- (Business Wire India) -- The BMW Group has increased its investment in BMW Financial Services India to 5.3 billion Indian Rupees (US $ 106 million) in 2012 from 2.3 billion Indian Rupees (US $ 50 million) in 2010.

Mr. Dan DeChristopher, Managing Director and Chief Executive Officer, BMW Financial Services India said, "In less than two years, BMW Financial Services India has successfully established itself as the leading provider of customized financing solutions, individually tailored leasing plans and unrivalled services. BMW Financial Services India has made significant contribution to BMW Group's success in India. This investment will help us enhance our product and service offering in India to further augment BMW India's market leadership."

In 2012, BMW Financial Services India will employ more than 80 people at its headquarters in Gurgaon.

Dr. Andreas Schaaf, President, BMW India said, "BMW India continues to be the leader in the Indian luxury car segment. An integral part of our winning story in India is BMW Financial Services, which provides complete peace of mind to BMW customers with financially attractive offers and professional services to make the transition from showroom to the highway, pleasurable and memorable. The investment clearly reinforces BMW Group's commitment to India."

Customer Interaction Centre.

In 2012, BMW Financial Services India has also launched an in-house Customer Interaction Centre to assist existing and prospective BMW customers. The one of its kind Customer Interaction Centre offers a complete BMW experience and has professionally trained executives, who provide expert information regarding financing and leasing, insurance, asset management, dealer financing and company car pools.

BMW Financial Services India

BMW Group launched BMW Financial Services India on October 5, 2010 as a 100% subsidiary headquartered in Gurgaon (National Capital Region). On June 16, 2010, BMW Financial Services received a license to operate as a Non-Banking Finance Company (NBFC) from the Reserve Bank of India.

BMW Financial Services operates with three business lines: Retail Finance, Commercial Finance and Insurance Solutions (through cooperation partners). The services offered through BMW Financial Services in India are significantly valuable to the premium clientele who require exclusive and flexible financial solutions. Service excellence is the primary focus of operations across all business lines.

BMW Financial Services offers solutions for retail automobile financing for BMW customers and multi make customers, financing for fleet owners and commercial financing for BMW dealerships and multi make dealerships. Commercial finance solutions offered to BMW India dealerships further strengthen operations in the country and reinforce the BMW brand. BMW Financial Services India also offers BMW Lease for individuals and corporate customers. BMW Financial Services provides insurance solutions to its customers through its cooperation partner in India.

BMW Financial Services

BMW Financial Services was established in 1991 and presently has subsidiaries in 31 countries besides India and is active in more than 60 countries. BMW Group Financial Services is currently serving 3 million customers with assets of Euro 70 billion globally.

To view the photograph, please click on the link below:
Mr Dan DeChristopher MD and CEO BMW Financial Services India with Dr Andreas Schaaf President BMW India
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CONTACT DETAILS
Abhay Dange, Press and Corporate Affairs, BMW India, +91 9910481013/+ 91 (124) 4566 600, Abhay.dange@bmw.in
Priyanka Juyal, Press and Corporate Affairs, BMW India, +91 9971553331/+ 91 (124) 4566 608, Priyanka.juyal@bmw.in

KEYWORDS
CONSUMER, LIFESTYLE, AUTOMOTIVE, BANKING, BUSINESS SERVICES, MEDIA, AUTOMOTIVE

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BWI: Aspect® to be Presenting Sponsor at BPO India Forum

Press release from Business Wire India
Source: Aspect Software
Monday, April 30, 2012 03:12 PM IST (09:42 AM GMT)
Editors: General: Consumer interest, People; Business: Business services, Information technology; Technology
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Aspect® to be Presenting Sponsor at BPO India Forum


Gurgaon, Haryana, India, Monday, April 30, 2012 -- (Business Wire India) -- Aspect, a leading provider of customer contact and Microsoft® platform solutions, is pleased to announce that it will be the presenting sponsor for "BPO INDIA FORUM 2012" an exclusive event for C-suite executives and senior decision-makers to be held in Gurgaon and Mumbai on 9th and 11th May, 2012. Attended by key Industry leaders and decision makers, the Forum is aimed at conceiving breakthrough approaches to delivering business value through IT for the fast-evolving technologies and industry trends. This year the Forum will feature path breaking sessions, panel discussions and actionable takeaways on today's hot topics including: driving non-linear growth curve, growing key accounts profitably, managing and integrating a global workforce, redefining the technology agenda - from enabling to changing the game for the industry, leveraging technology to improve profitability and win clients in new geographies and segments.

Commenting on the sponsorship, Mr. Rajeev Soni, Aspect Country General Manager, India, & Mid-East, said, "We're very pleased to be a part of BPO India and exchange ideas with some of the best IT minds in the country. The BPO Forum 2012 is leading the way with dynamic thinking and providing the ideal platform for technology and business confluence and we are delighted to be a part of this conclave. We are excited to show attendees how Aspect unites the enterprise with next-generation customer contact solutions that build, enhance and sustain stronger customer-company relationships. Our unified solution for multi-channel interactions and seamless customer service provides us with a unique proposition to meet the demands of Consumer 2.0."

Aspect's next generation technologies support organizations across BPO, KPO, HPO, LPO, Banking and Financial, Telecom, Hospitality & Tourism, Consumer Durables, and Healthcare segments to enhance customer service and expand retention and acquisition strategies.

As a presenting sponsor for the event, Aspect will also showcase innovation in delivering the Next Generation Customer Contact around unified communications, fraud management, SMS alerts, proactive customer contact, workforce management and productivity that enables business processes with real-time communications, mobility and Web 2.0 technologies to deliver of the best customer experience. Today, Aspect is helping the world's leading organizations engage with consumers on their terms.

About Aspect

Aspect builds customer relationships through a combination of customer contact software and Microsoft platform solutions. For more information, visit www.aspect.com.

Follow Aspect on Twitter at @AspectUC. Read our blogs at http://blogs.aspect.com.

Aspect, Unified IP, and Aspect Software are either trademarks or registered trademarks of Aspect Software, Inc., in the United States and/or other countries. The names of other companies and products mentioned herein may be the trademarks of their respective owners.



CONTACT DETAILS
Jayanta Bhattacharjee, Aspect, +91 7738246404, Jayanta.bhattacharjee@aspect.com

KEYWORDS
CONSUMER, PEOPLE, BUSINESS SERVICES, IT, TECHNOLOGY

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BWI: Green Manufacturing Practices Growing Rapidly, Notes Frost & Sullivan

Press release from Business Wire India
Source: Frost & Sullivan
Monday, April 30, 2012 02:41 PM IST (09:11 AM GMT)
Editors: General: Consumer interest, Economy, Environment, People, Social issues; Business: Accounting & management consultancy services, Business services, Information technology, Major diversified industrial groups; Technology
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Green Manufacturing Practices Growing Rapidly, Notes Frost & Sullivan
At Frost & Sullivan's Green Manufacturing Excellence Summit and Green Manufacturing Excellence Awards, 2012

Mumbai, Maharashtra, India, Monday, April 30, 2012 -- (Business Wire India) -- Companies are increasingly becoming aware of sustainable practices and adoption of these, as they realize that it will help mitigate their sustainability issues and bring business benefits in the future. According to Frost & Sullivan, adoption of green manufacturing practices is growing rapidly in India. The Manufacturing & Process Consulting Practice of Frost & Sullivan has been assisting companies in their journey towards adoption of Green Manufacturing practices through its Green Manufacturing Excellence Awards platform and consulting support. The team of experts assesses the level of adoption of green manufacturing practices at manufacturing sites across the country and selects the best practices from these sites, which are then presented at the Green Manufacturing Excellence Summit.

The 2012 edition of Green Manufacturing Excellence Summit and Awards took place on 27th April 2012 at ITC Grand Central, Mumbai. It was a culmination of the rigorous assessment process wherein select best practices from manufacturing sites were presented at the Summit during the day followed by felicitation of award recipients during the awards ceremony in the evening. The Chief Guest for the awards nite was Mr. R N Mukhija, Advisor to Chairman, Larsen & Toubro. The highlight for the evening was the Panel Discussion on 'Sustainable Initiatives Create Intrinsic Shareholder Value'.

The best practices shortlisted for knowledge sharing at the Summit were Business Benefits of Sustainability Initiatives by Hindustan Unilever Limited; Thermal Energy Storage System and Building Management System by Titan Industries Limited - Jewellery Division; Mapping Sustainability Challenges by ACC Limited - Sindri Cement Works; Advantages of Sustainability Reporting by Larsen & Toubro Limited; BIO MEG - Emergence as Green Feedstock by India Glycols Limited; Advanced Energy Conservation Systems and Environment and Social Impacts - Measured by Rashtriya Ispat Nigam Limited; Energy Efficient Painting Process by Kansai Nerolac Paints Limited; CSR - An Effective Deployment Process by ACC Limited - Thondebhavi Cement Works; Resource Recovery and Recycling by Gujarat Co-operative Milk Marketing Federation Limited; Building a Safety Culture by Hindustan Unilever Limited; Innovative Green Manufacturing Initiatives by Titan Industries Limited - Watch Division; Water Management & Recycling by Promed Exports Private Limited; Material Conservation by ACC Limited - Lakheri Cement Works and Solar Thermal Concentrator Applications by Clique Solar.

Nitin Kalothia, Associate Director, Manufacturing & Process Consulting Practice, Frost & Sullivan, South Asia & Middle East notes, "There is an increase seen in the adoption of Green Technologies over the last decade. However, the Indian companies are still at a nascent stage in terms of technology adoption and have a long way to go when compared to their global counterparts. The key evaluation criteria driving this adoption are 'return on investment' and 'regulatory requirements'. A positive development noted is that few companies are chalking out long term sustainability plans and have modified their day-to-day activities keeping in mind the effect on the environment."

Frost & Sullivan also released a market insight authored by Nitin Kalothia titled 'Best Practices in Green Manufacturing'. This market insight is a compilation of the best practices followed by few of the Indian companies that have been the front runners in adoption of Green Manufacturing practices. These have been the observations made by the Frost & Sullivan team during site assessments. The insight highlights a step-by-step approach followed by companies that have successfully implemented sustainable development in their organization and are reaping its benefits now. It covers best practices across areas such as Energy, Energy Efficiency, Non-conventional Energy Resources, Emissions, Water and Waste Management, Materials, Material Recovery/Reuse/Recycle, Bio Diversity, Green Supply Chain and Occupations Health.

The media partners for the event were Efficient Manufacturing, Eco-business.com, Greentechlead.com, Machinist.in, Minerals and Metals Review, Powerwatch, and Search

To know more about the Green Manufacturing Excellence Summit, Green Manufacturing Excellence Awards and to receive a copy of the Market Insight, send an e-mail to Caroline Lewis/ Akshata Mhatre, Corporate Communications, at caroline.lewis@frost.com/akshatam@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. Upon receipt of the above information, we will e-mail the copy of the market insight to you.

For more information on the Summit, please log on to http://www.frost.com/gmea

The 2012 Award Recipients are:

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from more than 40 offices across six continents. To join our Growth Partnership, please visit http://www.frost.com.


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

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The_2012_Award_Recipients_are.pdf


CONTACT DETAILS
Caroline Lewis,Corporate Communications - South Asia, Frost & Sullivan, +91 98217 37935, caroline.lewis@frost.com
Akshata Mhatre,Corporate Communications - South Asia, Frost & Sullivan, +91 (22) 6607 2020, akshatam@frost.com
Nimisha Iyer,Corporate Communications - South Asia, Middle East and North Africa, Frost & Sullivan, +91 98200 50519, niyer@frost.com

KEYWORDS
CONSUMER, ECONOMY, ENVIRONMENT, PEOPLE, SOCIAL, CONSULTANCY SERVICES, BUSINESS SERVICES, IT, GROUPS, TECHNOLOGY

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BWI: QuickBooks Online Growing Globally

Press release from Business Wire India
Source: Intuit Inc.
Monday, April 30, 2012 02:27 PM IST (08:57 AM GMT)
Editors: General: Consumer interest, People; Business: Accounting & management consultancy services, Banking & financial services, Business services, Financial Analyst, Information technology; Technology
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QuickBooks Online Growing Globally
Intuit's Market-leading Cloud Accounting Software Marks One Year of International Expansion

Bangalore, Karnataka, India, Monday, April 30, 2012 -- (Business Wire India) -- QuickBooks Online, Intuit Inc.'s (Nasdaq: INTU) market-leading cloud-based accounting software, marks one year of international expansion this month, with products now available in Canada, the United Kingdom and Singapore.

Already the leading online accounting software in North America, QuickBooks Online is emerging as a growing force globally. There are more than 300,000 QuickBooks Online subscribers worldwide, mostly in the U.S., with thousands of businesses in international markets now joining the service each month.

In addition to expanding beyond the U.S into the U.K., Singapore and Canada, Intuit is starting to roll out the service to customers in India. Intuit customizes the offering for each market, based on deep customer insights gained by observing hundreds of small businesses in their own workplace. This knowledge creates a product tailored to the local needs of small businesses and the way they work.

QuickBooks Online helps small businesses stay on top of their finances whether in the office or on the road, saving them time and money. The product gives small business owners instant snapshots of their businesses, showing them what they're making, what they're spending, and who owes them money, all on a single screen. QuickBooks Online is PC and Mac-compatible and optimized for iPhone and Android devices.

Gaining Global Momentum

"Intuit is committed to helping small businesses improve their financial lives," said Alex Lintner, President of Intuit's Global Business Division. "Small businesses around the world face similar challenges and see the power of an easy-to-use solution for managing their finances. We have seen a terrific take up in the first year, and this is just the start of our international journey. We want to help many more people around the world to save time and manage their business better with QuickBooks Online."

-- United Kingdom: Intuit launched QuickBooks Online in the U.K. in April 2011 and continues to improve the service with regular updates of new and enhanced features.
Eugene Engelbrecht of London building firm Engel Construction said using QuickBooks Online for day-to-day invoicing, cash flow tracking and VAT gives him more time to focus on growing the business.

"QuickBooks Online has enabled me to go out there and look for work, rather than sitting in an office doing nothing but uploading invoices. From that point of view, it's got me back to doing the things I need to do," said Engelbrecht.

Charlie Carne, founder of Charlie Carne & Co. Chartered Accountants and Business Advisers in London, said QuickBooks Online helps his firm be more efficient and profitable.

"Direct online access to a client's data means we can be much more proactive in our dealings with them and offer advice to avert problems before they arise," Carne said. "With access to data in the cloud, staff can work on the clients' books from anywhere and because it is so easy to use, even the least financially aware clients can raise invoices directly, reducing time taken for our staff to re-key data and allowing us to focus our attention on more value-added services."

QuickBooks Online is available directly at quickbooksonline.co.uk. It is also available through partnerships with Smarta and BCSG) as part of bundled SaaS offerings through leading high street banks, Royal Bank of Scotland, NatWest and Barclays.

-- Singapore: Intuit launched QuickBooks Online in Singapore in April 2011 through a strategic partnership with SingTel ( www.intuit.sg).

Over the course of the year, Intuit has added functionality and features that make it easier for Singapore's small businesses to stay on top of their finances and get paid in a timely manner as they look to grow their business.

Benedict Lim, Managing Director and Acting Chief Psychologist, www.iGROW.sg, a psychological consultancy, said his company was attracted by the simplicity, ease-of-use and flexibility offered by QuickBooks Online.

"QuickBooks Online gets my business organized, simplifies sales and expense tracking, and ensures reliable records for tax time. Being a cloud solution, I can check my business health anytime, anywhere, even on my mobile devices," Lim said.

-- Canada: Intuit launched QuickBooks Online in Canada in March 2012 ( quickbooksonline.intuit.ca). Product features include online banking integration, which safely links customers' accounts with their bank to import statements and removes the need to manually enter transactions.

Lynn Cheney of Lynn's Income Tax and Bookkeeping Ltd. in Airdrie, tested an early version of the product. "Having free user access for accountants to log in and check clients' records was a big advantage," she said.

"QuickBooks Online is better than other programs because of the fact it is online and the accountant can access it anytime," Cheney said.

Peggy Crawford of Renewed Business Strategies, a professional services firm in Ontario, was impressed by the ability to manage finances on the go. "I don't use a lot of mobile applications, but this was an interesting experience to create an invoice on the go," she said.

-- India: The international expansion for QuickBooks Online continues with Intuit starting to roll out the service to customers in India ( quickbooksonline.in). With around 2 million broadband-connected small businesses, India offers huge growth potential for cloud-based services. QuickBooks Online complies with Indian norms and accounting formats with support for local tax compliance for VAT and Service Tax.

Somasekhar.BS runs a printing solutions company, ECompat Printing Solutions in Bangalore. His company was among the first in India to start using QuickBooks Online. Having previously relied on manual methods, creating invoices in Word documents and tracking income and expenses in Excel spreadsheets, Somasekhar estimates he is saving between four and five hours a week using QuickBooks Online to manage all his business processes in one place.

About Intuit Inc.

Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax®, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants. Intuit Financial Services helps banks and credit unions grow by providing on-demand solutions and services that make it easier for consumers and businesses to manage their money.

Founded in 1983, Intuit had annual revenue of $3.9 billion in its fiscal year 2011. The company has approximately 8,000 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. More information can be found at www.intuit.com



CONTACT DETAILS
Samantha Unnikrishnan, Intuit Inc., +91 (80) 41769200, Samantha_Unnikrishnan@intuit.com
Senthil Manoharan, The Practice, +91 7406463776, senthil@the-practice.net

KEYWORDS
CONSUMER, PEOPLE, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, Financial Analyst, IT, TECHNOLOGY

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BWI: IT Shastra wins QCI D.L.Shah National Award on Economics of Quality

Press release from Business Wire India
Source: ITShastra
Monday, April 30, 2012 11:14 AM IST (05:44 AM GMT)
Editors: General: Consumer interest, People; Business: Business services, Information technology, Major diversified industrial groups; Technology
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IT Shastra wins QCI D.L.Shah National Award on Economics of Quality


Mumbai, Maharashtra, India, Monday, April 30, 2012 -- (Business Wire India) -- ITShastra India Private Limited, a Mumbai based premier IT Software Services company, has won the "QCI D.L. Shah National Award on economics of quality" in the Small Scale Units - Service Sector Category.

The award was handed over by Shri Subodh Kant Sahay, Hon'ble Minister of Tourism, Government of India, in the presence of Shri Arun Maira, Chairman, Quality Council of India and Member, Planning Commission, Dr. Giridhar J Gyani , Secretary General Quality Council of India and other distinguished dignitaries, at the inaugural session of 7th National Quality Conclave held on 27th April 2012, in Hotel Le Méridien, New Delhi. The award was received by Mr. Prasad Nagool (CEO, ITShastra) and Mr. Ramesh Devare (COO, ITShastra) during the ceremony.

Commenting on this occasion Mr. Prasad Nagool, CEO ITShastra said "It is a very proud moment for us to emerge as winners. The awarded project has been a landmark venture for ITShastra and it also has attained the highest customer satisfaction and retention ratings. This project has been beneficial to our customers to improve productivity, efficiency and also delivered considerable cost savings. "

Commending the award, Mr. Ramesh Devare COO, ITShastra said, "It is a commendable achievement for ITShastra to win a National Award on Economics of Quality. The award is a reflection of ITShastra's commitment towards adopting Industry Proven Quality practices in day-to-day project execution. It also attests the fact that relentless efforts put in by ITShastra team to make customers happy, have been duly recognized and acknowledged by the QCI D.L. Shah Award committee. I am positive that this award will motivate ITShastra to further raise the bar on Quality benchmark for their customers"

About QCI D.L. Shah National Award on Economics of Quality:

The QCI-D.L. Shah Award has been instituted with a view to establish that bottom-line benefits are achieved through quality initiatives. The Award recognizes successful project (case study) of an organization that has linked quality initiatives to real-term financial gains and competitiveness.

About Quality Council of India (QCI)

QCI was set up in 1997 jointly by the Government of India and the Indian Industry represented by the three premier industry associations i.e. Associated Chambers of Commerce and Industry of India (ASSOCHAM), Confederation of Indian Industry (CII) and Federation of Indian Chambers of Commerce and Industry (FICCI), to establish and operate national accreditation structure and promote quality through National Quality Campaign. The Department of Industrial Policy & Promotion, Ministry of Commerce & Industry, is the nodal ministry for QCI.

For further details please visit www.qcin.org

About IT Shastra:

ITShastra is an ISO 9001 and ISO 27000 certified, end-to-end software services and solution providing company, incorporated with a mission to deliver High Quality Software Solutions and ensuring high Return of Investment (ROI) for their customers. The company has proven competencies in Custom Product Development, Website Design & Development, Mobile Application Development, Maintenance & Support, IT Consultancy Services and offshore IT outsourcing services. With offices in Mumbai, Navi Mumbai and Pune, ITShastra has excellent expertise in Healthcare, Banking, Financial Services and Insurance domain and has been serving satisfied customers across the globe for over 11 years.

For further details please visit www.itshastra.com

To view the photograph,please click on the link below:
From Left : Ramesh Devare COO IT Shastra, Hon"ble Shri Subodh Kant Sahay(3rd from left), Shri Arun Maira Chairman QCI and member planning Commission, Dr Giridhar J Gyani Sec Gen QCI, Mr Prasad Nagool CEO IT Shastra.
For picture(s)/data to illustrate this release click below:

http://www.BusinessWireIndia.com/attachments/DSC_2997.JPG
From Left : Ramesh Devare COO IT Shastra, Hon


CONTACT DETAILS
Eden Menon, William Mills Agency India, +91 9869810067

KEYWORDS
CONSUMER, PEOPLE, BUSINESS SERVICES, IT, GROUPS, TECHNOLOGY

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BWI: Catalyst Names Wipro IT Business CEO TK Kurien Chair of Catalyst India Advisory Board and Solidifies Expanding Presence in India Inc.

Press release from Business Wire India
Source: Catalyst
Monday, April 30, 2012 11:00 AM IST (05:30 AM GMT)
Editors: General: Consumer interest, Economy, People, Social issues; Business: Advertising, PR & marketing, Business services, Education & training
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Catalyst Names Wipro IT Business CEO TK Kurien Chair of Catalyst India Advisory Board and Solidifies Expanding Presence in India Inc.
Catalyst India Positioned for Growth with Pitney Bowes and Wipro as Founding Supporters

Bangalore, Karnataka, India, Monday, April 30, 2012 -- (Business Wire India) -- Catalyst, a global organization dedicated to expanding opportunities for women and business, has announced that TK Kurien, CEO - IT Business and Executive Director, Wipro Limited, will serve as chair of the Catalyst India Advisory Board. Celebrating its 50th anniversary globally this year, Catalyst is building on its presence in India, where vital economic growth and a significant influx of educated women are transforming markets and workforces and opening doors to new opportunities for working women.

Wipro, a leading global information technology company headquartered in India, and Pitney Bowes Inc., a global provider of customer communications technology, are Founding Supporters of Catalyst in India and have made important contributions to support Catalyst's effort to accelerate the advancement of working women in corporate India.

Led by Mr. Kurien, the Catalyst India Advisory Board (CIAB) assembles respected business leaders at India-headquartered corporations and India subsidiaries of global multinationals aligned with Catalyst's vision and goals, who will offer strategic counsel to further Catalyst's mission in India's dynamic marketplace.

"Business leaders in India seek to leverage female talent and leadership in their workforces and to do it in ways that respect local norms and cultures," said Ilene H. Lang, President and CEO of Catalyst. "We're honored to have the generous support and commitment of Wipro and Pitney Bowes, which will greatly accelerate our impact in India and help scale our operations to meet India's global challenges and opportunities."

"Wipro is proud to be a founding supporter of Catalyst India, and I am delighted to chair its India board of advisors," said TK Kurien, CEO - IT Business and Executive Director, Wipro Limited. "With its research expertise and global-local perspective, we believe Catalyst is uniquely positioned to support the work companies in India are already doing to develop women, tap their leadership potential, and create inclusive workspaces. Catalyst's mission strongly aligns with our values, and we are committed to supporting this effort."

Murray D. Martin, Chairman, President and CEO of Pitney Bowes, noted, "For more than 60 years, diversity and inclusion have been recognized as business imperatives for us at Pitney Bowes. We have been working with Catalyst for over 20 years because its vision and advocacy for women and business mirrors our own passionate belief in leveraging the best talent to serve our markets. We are proud to join with respected market leader Wipro in supporting the expansion of Catalyst into India, one of the world's fastest-growing centers of economic activity." Today, two women are responsible for over 90 percent of Pitney Bowes's revenue and earnings, and women comprise 25 percent of the company's Board of Directors, and 40 percent of its global workforce.

Marking its 50th anniversary in 2012, on April 30th in Bangalore, Catalyst and invited business leaders will celebrate at a special event, Celebrating Communities That Count. As part of the celebration, Ms. Lang will moderate a discussion with Mr. Kurien on "The Future of Leadership." This celebration is one of several that Catalyst is holding in regions where it has a presence during its 50th anniversary year.

ABOUT CATALYST:

Founded in 1962, Catalyst is the leading nonprofit membership organization expanding opportunities for women and business. With offices in the United States, Canada, Europe, and India, and more than 500 preeminent corporations as members, Catalyst is the trusted resource for research, information, and advice about women at work. Catalyst annually honors exemplary organizational initiatives that promote women's advancement with the Catalyst Award.



CONTACT DETAILS
Susan Nierenberg,Vice President, Global Marketing & Corporate Communications, Catalyst, 646-388-7744 (New York), snierenberg@catalyst.org
Shilpa Mathapati, Gutenberg Communications, +91 9167696945 (Mumbai), shilpa@gutenbergpr.com
Priscilla May D'Souza, Gutenberg Communications, +91 9663021035 (Bangalore), Priscilla@gutenbergpr.com

KEYWORDS
CONSUMER, ECONOMY, PEOPLE, SOCIAL, MARKETING, BUSINESS SERVICES, EDUCATION

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BWI: Labsphere Launches illumia® Line for Light Measurement

Press release from Business Wire India
Source: Labsphere, Inc.
Monday, April 30, 2012 10:00 AM IST (04:30 AM GMT)
Editors: General: Consumer interest; Business: Business services, Electronic appliances & components, Energy companies; Technology; Healthcare
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Labsphere Launches illumia® Line for Light Measurement
illumia and illumia®pro Light Measurement Systems scalable to fit application and budget

Mumbai, Maharashtra, India, Monday, April 30, 2012 -- (Business Wire India) -- Labsphere, Inc. has introduced the illumia® and illumia®pro series of LED and light measurement systems. The new systems offer flexibility in measuring thermal, optical, and electrical characteristics of LEDs and arrays, as well as solid state and traditional lighting products.

With a choice of four spectrometers and integrating sphere options ranging in size from 25cm to 195cm, illumia systems are highly customizable for any budget or application. The spectrometers' wide dynamic ranges mean that a single integrating sphere system can measure a broad scope of light levels.

The illumia systems measure Total Spectral Flux, Luminous Flux, Radiant Flux, Chromaticity, CCT and CRI, Peak Wavelength, Dominant Wavelength I, V, and Luminous Efficacy. With the addition of a TEC temperature control and monitoring component, the illumia pro also delivers complete Thermal, Optical and Electrical characterization of LEDs.

Labsphere's MtrX-SPEC software delivers spectral results in milliseconds that conform to global standards and measurement geometries. Labsphere's NIST-traceable, NVLAP® accredited calibrated lamp standards allow manufacturers to move product development from design to market more quickly with in-house testing of the thermal, optical, and electrical properties in preparation for meeting global market standards.

All systems are sold with Labsphere's Spectraflect® high reflectance coating, providing a nearly perfect diffuse reflectance for greatest measurement accuracy. Additional accessories are available for integration into the illumia systems for customers requiring specific application results.

About Halma

Halma p.l.c. ( www.halma.com) 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 manufacturing, health, energy, water and waste treatment, the environment, construction and transport. Halma also 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/labsphere/illumiaRelease.jpg

For further information please contact:
Makarand Wadhavekar
Labsphere India Sales Manager
Halma India
B1-401 Boomerang, Chandivali
Andheri (East), Mumbai 400072
Tel: +91 22 67080400, Fax: +91 22 67080405
E-mail: mwadhavekar@labsphere.com
Website: www.labsphere.com




CONTACT DETAILS
Makarand Wadhavekar, Halma India, +91 (22) 67080400, mwadhavekar@labsphere.com
Mr Kuniyur J. Srinivasan,Country Head & Managing Director, Halma India, +91 (22) 67080400, Srini@halma.com
Damian Corbet, Halma PR Services, +44 (0)1494 789152, dcorbet@halmapr.com

KEYWORDS
CONSUMER, BUSINESS SERVICES, ELECTRONICS, ENERGY, TECHNOLOGY, HEALTHCARE

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Sunday, April 29, 2012

BWI: More Finance & Technology Impetus Required for MSE Growth: MSME Minister at IndiaMART Emerging Business Forum

Press release from Business Wire India
Source: IndiaMART
Sunday, April 29, 2012 01:28 PM IST (07:58 AM GMT)
Editors: General: Consumer interest; Business: Business services, Information technology, Media & entertainment; Technology
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More Finance & Technology Impetus Required for MSE Growth: MSME Minister at IndiaMART Emerging Business Forum


New Delhi, Delhi, India, Sunday, April 29, 2012 -- (Business Wire India) -- -- Hon'ble Union Minister for MSME Mr. Virbhadra Singh graces the event as the chief guest
-- Presence of over 500 SMEs makes the grand finale a resounding success
-- Power panel discussion to discuss the 5-point agenda (HR & Training, Marketing, IPR, Finance & Innovation in Technology) steals the limelight
-- Associations, Institutes & SMEs acknowledged in a felicitation ceremony for their contribution to the sector
-- 'Special Breakaway Roundtable' was also organised prior to the main event


More thrust is needed in terms of financial aid and technology upgradation for MSMEs, highlighted Hon'ble Union Minister for MSME Mr. Virbhadra Singh at the recently concluded Zee Business presents IndiaMART Emerging Business Forum in New Delhi. He graced the occasion as the chief guest. With its four months long journey across13 different cities of India, the forum emerged as the biggest ever platform to address and discuss pain points of SMEs.

Inspiring over 4500 SMEs to take the 'Next Big Leap' in this journey, the forum catalysed knowledge-sharing by luminary panelists and enlightening insights from SME clusters across the country. The sole aim was to churn out practical solutions for varied business functions and pertinent challenges faced by the SMEs. The presence of over 500 SMEs at the finale ensured that it turned out to be a spectacular event.

Appreciating this initiative by IndiaMART.com and Zee Business, Hon'ble Union Minister for MSME, said, "This activity of taking note of contribution of MSMEs is taking momentum in the country. The industries in MSME sector are gaining momentum day by day especially with the interest taken by the prime minister, by setting up the task force." He added that the government is giving a lot of impetus to credit guarantee to MSMEs. However, he shared that much more is required for financial assistance to these units. On the current economic scenario, he said, "We are passing through a difficult phase but India is on a recovery mode. Let us not be disheartened. Slowdown is a global phenomenon and mighty countries such as US, Europe, Japan, are also facing the same downturn. There is no need to panic and we have enough sources to fight the present situation."

Speaking on the occasion, Mr. Dinesh Agarwal, Founder & CEO, IndiaMART.com, said, "We are extremely thankful to the Honourable Union Minister of MSME Shri Virbhadra Singh for gracing the finale of IndiaMART Emerging Business Forum. This forum is unique not only because of the huge participation by SMEs, industry associations and policymakers at all 13 on-ground events but also because of the efforts put in to find solutions to the issues faced by SMEs, instead of just touching upon them. We also extend our thanks to Zee Business for their support in making this a success."

The event began with the keynote by Mr. Brijesh Agrawal, COO, IndiaMART.com. He shared, "Each large enterprise was once a start up. They are at this stage led by their zealous entrepreneurs whose vision, grit and determination have let them taste success. At IndiaMART.com, we have been committed to empower SMEs to move up this value chain, achieve scale and global competitiveness. Emerging Business Forum is a reflection of the same. Such a tremendous response from SMEs across the country to this endeavour reaffirms our commitment." This was followed by an address by Mr. Barun Das, CEO, Zee News.

The finale also entailed a power panel discussion on a five-point agenda where Mr. H P Kumar, Chairman & MD, NSIC, Mr. N K Maini, Deputy, MD, SIDBI, Mr. Dinesh Agarwal, Founder & CEO, IndiaMART.com, Mr. A Sakthivel, President of Tirupur Exporters Association (TEA) and Mr. Saurabh Srivastava, Founder, India Angel Network delved on finding solutions to aspects concerning SMEs such as marketing, HR and training, credit facilitation, IPR and innovation in technology.

The forum also felicitated SMEs and associations that have contributed to the growth of the sector. The details are mentioned below:

Industry Associations
. Tirupur Exporters' Association (TEA)
. Agra Footwear Manufacturers and Exporters Chamber (AFMEC)
. Southern Gujarat Chamber of Commerce & Industry (SGCCI)

Special Contribution to Policy Making
. Mr. Dinesh Rai

Innovation in Technology
. Data Resolve Technologies

HR & Training Excellence
. Sandhar Technologies

Manufacturing Excellence
. Dawar Footwear Industries

Marketing Excellence
. Cocoberry

SME Credit Facilitation
. Small Industries Development Bank of India (SIDBI)

Prior to the grand finale, a 'Special Breakaway Roundtable' was also organised. It brought together policymakers and industry representatives from across the country on a single platform. While the latter sought views and responses on SME specific challenges, the former highlighted initiatives undertaken by the government. The esteemed participants included Mr. R K Mathur, Secretary, Ministry of MSME, Government of India, Mr. S K Goel, Chairman, Central Board of Excise and Customs (CBEC), Mr. Dinesh Agarwal, Mr. Rohit Mehta, President, Southern Gujarat Chamber of Commerce & Industry, Mr. Rajiv Chawla, President, Faridabad Small Industries Association, among others.

The culmination ceremony will also be telecast on Zee Business soon.

AboutIndiaMART.com
IndiaMART.com 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 3500employees 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 Communications, IndiaMART, +(91)-(120)-30908654, corpcomm@indiamart.com

KEYWORDS
CONSUMER, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY

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Friday, April 27, 2012

BWI: Brickwork Finance Academy – Briefing on Sovereign Ratings

Press release from Business Wire India
Source: Brickwork Finance Academy
Friday, April 27, 2012 07:42 PM IST (02:12 PM GMT)
Editors: General: Consumer interest; Business: Banking & financial services, Business services, Education & training, Financial Analyst
--------------------------------------------------
Brickwork Finance Academy - Briefing on Sovereign Ratings


Bangalore, Karnataka, India, Friday, April 27, 2012 -- (Business Wire India) -- Brickwork Finance Academy (BFA) has organized a Briefing on 'Sovereign Ratings' on Monday, April 30th 2012, at their facility on Bannerghatta Road, Bangalore. This briefing will focus on the recent revision of India's economic outlook by Standard & Poor's from stable to negative.

Past events such as the downgrading of the US Government ratings, Greece's ratings and warning signs from France, Spain and Germany bring out the importance of a credit rating agency's role in determining a country's economic outlook. The briefing will discuss events related to sovereign ratings, country risk assessment and analyzing financial crises.

The briefing is open to all free of cost. Interested participants are requested to register by sending a mail to info@bfa-india.org.

About Brickwork Finance Academy

Brickwork Finance Academy is a Bangalore based non-profit organization that is committed to promote financial literacy and impart practical knowledge in the field of finance. The Academy also offers research, seminar/training, wealth management research and consulting services. The Academy is backed by the intellectual capital of the founders of Brickwork Ratings, a SEBI Registered Credit Rating Agency and Brickwork India, a leading KPO.

Venue : Brickwork Finance Academy
3rd floor, Raj Alkaa Park
29/3 & 32/2, Kalena Agrahara
Bannerghatta Road
Bangalore - 560 076

Date and Time: April 30th, 2012 5.00 pm


CONTACT DETAILS
Veena Dixit, +91 9743437888
Raghavendra M P, +91 9743437999

KEYWORDS
CONSUMER, BANKING, BUSINESS SERVICES, EDUCATION, Financial Analyst

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BWI: HCL Infosystems Introduces First Connect Conversation in Kolkata

Press release from Business Wire India
Source: HCL Infosystems Ltd
Friday, April 27, 2012 07:35 PM IST (02:05 PM GMT)
Editors: General: Consumer interest; Business: Business services, Information technology; Technology
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HCL Infosystems Introduces First Connect Conversation in Kolkata
Session on Mumbai Dabbawalas presents lessons in best practices for corporates; Exclusive workshops on Cloud Computing and Trends in latest technology and products

Kolkata, West Bengal, India, Friday, April 27, 2012 -- (Business Wire India) -- HCL Infosystems Ltd., India's premier ICT System Integration, Services, Hardware and Distribution Company today initiated the Connect Conversation series in Kolkata with the launch of the First HCL Connect Conversation, Kolkata Chapter at the Oberoi Grand. An interesting executive session on the supply chain management and business practices of the Mumbai Dabbawalas was presented by Dr. Pawan Agarwal, PhD on Mumbai Dabbawalas and an International speaker.

The session on "Out of the Box Technology" by Mr. Mohammed Salman, Senior Vice President, Application Services, HCL Infosystems demystified Out of the Box Thinking and unleashed a debate on the different aspects of IT and its innovative usages in businesses. Senior representatives from the government and private sector in large numbers attended the First Connect Conversation in Kolkata.

Speaking on the occasion, Mr. APS Bedi, Executive Vice President, HCL Infosystems said, "I am very thankful to all the CIOs across verticals both from the government and corporates of this magnificent city for their wholehearted participation in the HCL Connect Conversation and making it a grand success. The Connect Conversation Series is a unique platform that I am sure will drive powerful synergies amongst various stakeholders towards growth and development across the nation. The first chapter in Kolkata will be a catalyst for bringing in innovation and increased competitiveness for industries in the region and we look forward to many more such enriching sessions here as part of the Connect series."

Exclusive parallel workshops were also organized during the daylong event to discuss Cloud Computing and a 360 degree perspective on the trends relating to the latest technology and products available in the market. HCL Infosystems has a strong presence in the Kolkata region and has provided best in class solutions for various organizations such as the Kolkata Municipal Corporation, Department of School Education, Government of West Bengal and United Bank of India among others.

About HCL Infosystems:

HCL Infosystems Ltd, with revenue (LTM) of US$ 2.4 billion (Rs 10,754 crores) is India's premier hardware, services and ICT systems integration company offering a wide spectrum of ICT products that includes Computing, Storage, Networking, Security, Telecom, Imaging and Retail. HCL is a one-stop-shop for all the ICT requirements of an organisation. India's leading System Integration and Infrastructure Management Services Organisation, HCL has specialised expertise across verticals including Telecom, BFSI, eGovernance & Power. HCL has India's largest distribution and retail network, taking to market a range of Digital Lifestyle products in partnership with leading global ICT brands, including Apple, Cisco, Ericsson, Kingston, Kodak, Konica Minolta, Microsoft, Nokia, Toshiba, and many more. HCL today has India's largest vertically integrated computer manufacturing facility with over three decades of electronic manufacturing experience & HCL desktops is the largest selling brand into the enterprise space. With India's largest ICT services network that reaches to every corner of India, HCL's award winning Support Services makes it the preferred choice of enterprise and consumers, alike. For more information please visit us at www.hclinfosystems.in

For more information please visit us at www.hclinfosystems.in.


CONTACT DETAILS
Ashutosh Bhattacharya, Head - Corporate Communications, HCL Infosystems Ltd, +91 9811920415, ashutosh.bhattacharya@hcl.in

KEYWORDS
CONSUMER, BUSINESS SERVICES, IT, TECHNOLOGY

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BWI: Tarun Anand Resigns from Thomson Reuters to Concentrate on his Entrepreneurial Venture; Universal Business School

Press release from Business Wire India
Source: Universal Business School
Friday, April 27, 2012 03:39 PM IST (10:09 AM GMT)
Editors: General: Consumer interest, Economy, People; Business: Advertising, PR & marketing, Business services, Education & training, Major diversified industrial groups
--------------------------------------------------
Tarun Anand Resigns from Thomson Reuters to Concentrate on his Entrepreneurial Venture; Universal Business School


Mumbai, Maharashtra, India, Friday, April 27, 2012 -- (Business Wire India) -- Mr. Tarun Anand resigned from his position of Managing Director Thomson Reuters, South Asia and left Thomson Reuters on March 23rd 2012 to render his undivided focus on Universal Business School (UBS), which he co-founded with two other top management professionals; Mr. Gurdip Singh Anand and Mr. Babulal Varma to introduce the highest quality of business management education to India.

Having experienced executive education at some of the best business schools in the world like Ross Business School, Michigan University-USA, Tuck School of Business, USA and IE Business School, Spain, Tarun was motivated to bring a fully residential International stylized campus to Mumbai, India's financial capital. Universal Business School is India's 1st Green Business School, endorsed by 55 CEO's from Indian and multinational corporations, entrepreneurs, academicians, government functionaries and members of the Armed Forces. Spread over a 40 acre campus in the green Karjat valley, on the outskirts of Mumbai, Universal Business School is driven by the 3E Model of Ethics, Environment and Experiential Learning and how the same is integrated in a modern day industry relevant syllabus.

Mr. Tarun Anand Co-Founder, Universal Business School "Universal Business School is a dream come true for me. As a CEO, just being upset with the quality of business education was not good enough; I wanted to find a solution to it. I'm thrilled to have the opportunity to engineer the student quality myself by ingraining experiential learning at the core of the Universal Business School curriculum. We are producing outstanding business leaders with a heart to drive India forward. At Universal Business School we have the privileged counsel of 55 CEO's on our Board of Governors and a global Academic Council from Anderson (UCLA) and Stanford who have guided us through this journey."

Universal Business School has evolved from the diverse business ideologies of national and international organizations, consisting of thirty eminent faculty members from the finest Indian business schools and globally benchmarked institutions and universities.

Tarun at 35 years of age joined Thomson Reuters as Managing Director, South Asia to become the youngest Indian MD of Thomson Reuters. Tarun Anand has worked for Thomson Reuters in London, New York and Hong Kong where at the age of 32 years, he was promoted to Global Head of Treasury, to run a $2 billion dollar business spread over 100 countries. In 2005, Tarun was invited by the Reuters Group CEO Thomas Glocer to join the Reuters Innovation and Venture Board to spearhead and foster investments into employee innovations across the globe. Tarun also co-founded and served as Global Head of Strategy at FXMarketSpace and invented "FXSettle" a revolutionary FX settlement solution which has won several globally recognized Innovation Awards.

Mr. Anand has 18 years of experience in financial services, including 4 years at Standard Chartered and HSBC. He has been a speaker at leading Industry conferences across North and South America, UK, Europe, Africa and Asia.



CONTACT DETAILS
Mr. Tarun Anand,Co-founder, Universal Business School, +91 992010 1461
Rochelle Noronha,Jr. Executive, id8 Media Solutions, +91 887908 0319

KEYWORDS
CONSUMER, ECONOMY, PEOPLE, MARKETING, BUSINESS SERVICES, EDUCATION, GROUPS

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BWI: Inno Group Appoints M Harinath as Director, Sales and Marketing, Inno GeoCity

Press release from Business Wire India
Source: Inno Group
Friday, April 27, 2012 02:00 PM IST (08:30 AM GMT)
Editors: General: Consumer interest, People; Business: Accounting & management consultancy services, Banking & financial services, Business services, Construction, Major diversified industrial groups, Real estate
--------------------------------------------------
Inno Group Appoints M Harinath as Director, Sales and Marketing, Inno GeoCity


Chennai, Tamil Nadu, India, Friday, April 27, 2012 -- (Business Wire India) -- Inno Group, a global investment firm focused on real estate with operations in Europe, Middle East and India today announced the appointment of Mr. M Harinath, as Director, Sales and Marketing, Inno GeoCity to lead its sales operations in India and for driving its strategic business growth.

Mr. Harinath brings over twenty years of sales and marketing experience to the role, gained from working in a wide variety of sectors such as tourism and FMCG, with an in-depth understanding of the business, strategic planning and execution.

Commenting on the occasion, Mr. Rajamannar Ramaswamy, Group Managing Director, Inno Group said, "Mr. Harinath's immense experience in the field of sales and marketing will help strengthen customer relations and develop business opportunities as part of our ongoing growth strategy. His expertise in offering strategic advice and guidance will further enhance our reputation as a focused real estate investment group in India."

Commenting on the appointment, Mr. M. Harinath, Director, Sales and Marketing, Inno GeoCity, said, "I am extremely delighted to be a part of the prestigious Inno family and eagerly look forward to significantly contribute to the company's envisioned India business growth."

Prior to this, Mr. Harinath has worked with Mahindra Holidays and Resorts India Ltd. for over sixteen years, and recently served as Head, Strategy and New Product Development. He was also instrumental in building the brand Club Mahindra Holidays. He has previously worked with Wipro Limited, Mumbai, in the Consumer Products Division, as a Product Manager for its 'hair-care' range of Products. He started his career as an Area Sales Manager in Marico Industries Limited.

About Inno GeoCity

Spread over a lavish 131 acres, Inno GeoCity is a modern residential township located at Oragadam - the rapidly growing world-class industrial belt southwest of Chennai - one of the hottest investment destinations in the country. Inno GeoCity is an elegant fusion of location advantage and value engineering. With great infrastructure, well-planned layouts and essential civic amenities, including a prestigious school, Inno GeoCity is designed to be a comprehensive township that delivers a healthy work-life balance.

About Inno Group:

Inno is a global investment group focused on real estate with a footprint across Europe, Middle East and India. Inno has an enviable portfolio that spans the entire spectrum of the business - from Investments to Fund Management to Advisory to Development across residential, commercial, industrial & infrastructure. Website: www.innogroupholdings.com

To view the photograph,please click on the link below:
Mr. M Harinath
For picture(s)/data to illustrate this release click below:

http://www.BusinessWireIndia.com/attachments/M_Harinath.JPG
M_Harinath.JPG


CONTACT DETAILS
Zamira Tasneem, 20:20 MSL, +91 9790908177
Janakiram Sampath, 20:20 MSL, +91 9790929757

KEYWORDS
CONSUMER, PEOPLE, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, CONSTRUCTION, GROUPS, REAL ESTATE

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