Press release from Business Wire India
Source: S+S Separation and Sorting Technology GmbH
Monday, October 28, 2013 03:12 PM IST (09:42 AM GMT)
Editors: General: People; Business: Business services, Chemicals, Electronic appliances & components, Media & entertainment; Technology
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S+S at the K 2013: Official Launch of the New Rapid Pro-Sense Metal Separator
Metal separator with the highest sensitivity for plastics and compound producers
Schonberg, Germany, Monday, October 28, 2013 -- (Business Wire India) -- On day one of K 2013 (hall 10, stand E60) S+S Separation and Sorting Technology GmbH offi-cially launched the new Rapid Pro-Sense metal separator.
Using innovative HRF technology (High Resolution Frequency), Rapid Pro-Sense, a system for free-fall applications, features extremely high sensitivity to all metals. The metal separator is specifically designed to meet the requirements of plastics and compound producers and fea-tures a genuinely innovative modular design. The reject unit can be chosen to match the con-veyed material or to meet specific customer needs. Different cleaning, auto-clean features and other versions with high wear characteristics are also available.
Christian Stadler, Product Manager for the S+S Plastics Business Unit, is delighted by the posi-tive response: "First feedback from our customers shows that we are on the right track with the extremely sensitive Rapid Pro-Sense, because for plastics and compound producers the metal-free level is an important quality criterion, and metal separators are required to perform to a high standard."
S+S - an overview
S+S Separation and Sorting Technology GmbH of Schönberg, Bavaria, manufactures ma-chines and systems for the detection/separation of contaminants, for product inspection, and for the sorting of material flows. Product sales primarily focus on the food, plastics, chemical, pharmaceutical, wood, textile, and recycling industries. S+S is one of the world's leading sup-pliers with subsidiaries in Great Britain, France, Italy, China, Singapore, and in the USA, repre-sentative offices in India and in Turkey, and more than 40 agencies all over the world. The S+S group presently has 350 employees, about 300 are working at the main factory in Schönberg. The consolidated turnover in 2012 amounted to approx. Euro 43 million.
For further information please contact
Head Office
S+S Separation and Sorting Technology GmbH
Brigitte Rothkopf
Regener Straße 130
D-94513 Schönberg
Tel. +49-(0)8554-308 274
Fax +49-(0)8554-2606
e-mail: brigitte.rothkopf@sesotec.com
www.sesotec.com
India Office
S+S Inspection India Pvt. Ltd.
Shatrunjay Apartment, Shop No. 4&5, A Wing,
Plot No. 22, Survey No. 120 A+B,
Opposite P.L. Deshpande Garden,
Sinhgad Road,
PUNE - 411030
India
Tel. +91 (20) 24252147
Tel. +91 (20) 24252016
Fax +91 (20) 24252147
e-mail: sales.india@sesotec.com
www.sesotec.com
To view the photograph, please click on the link given below:
Premiere at the K 2013: The new, extremely sensitive Rapid Pro-Sense metal separator
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/IMG_1(302).jpg
Premiere at the K 2013: The new, extremely sensitive Rapid Pro-Sense metal separator
KEYWORDS
PEOPLE, BUSINESS SERVICES, CHEMICALS, ELECTRONICS, MEDIA, TECHNOLOGY
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Monday, October 28, 2013
BWI: Samsung Announces "Launching People" Campaign and Plan to Support Inspiring Ideas Around the Globe
Press release from Business Wire India
Source: Samsung Electronics Co., Ltd.
Monday, October 28, 2013 01:20 PM IST (07:50 AM GMT)
Editors: General: Consumer interest, Entertainment, People, Social issues; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Information technology, Major diversified industrial groups, Media & entertainment, Office equipment makers; Technology
--------------------------------------------------
Samsung Announces "Launching People" Campaign and Plan to Support Inspiring Ideas Around the Globe
New campaign demonstrates Samsung's belief in the power of human potential through the use of technology to launch dreams
New Delhi, Delhi, India, Monday, October 28, 2013 -- (Business Wire India) -- Today, Samsung Electronics announced its global "Launching People" campaign, strengthening its commitment to unleash the dreams, passions and potential of individuals around the world with brilliant ideas and technology.
Samsung's culture of innovation is reaching beyond products to help people everywhere realize their potential for how technology can make a difference in their lives and the lives of others. The "Launching People" campaign identifies and invests in the potential of inspiring individuals across the globe. Together with Samsung's support and access to advanced technology, this potential can be actualized.
"We believe that technology only begins to have meaning when you put it in the hands of a human being and when this technology collides with people's potential, amazing things can happen" said Sue Shim, Chief Marketing Officer at Samsung. "People around the world have shared the remarkable things they've done with our products. These stories made us realize that Samsung doesn't just launch products, we launch people-and we want to see more. Over the next year, we'll work with people all over the world on new and exciting projects that launch people's potential with the assistance of technology, helping people not only explore personal passions, but also inspire others."
Starting from France launch in June of 2013, Samsung's "Launching People" campaign will turn consumers' dreams, passions and potential into reality in 13 regions in Europe, Latin America and Middle East in 2013, and expects to expand the campaign further in 2014. Samsung will focus on providing consumers the chance to realize their potential by teaming them up with renowned mentors, start up fundings and products to help them on their journey.
Samsung will activate programs across the globe over the coming months. Through real consumer stories, Samsung will spread the word about "Launching People" on Samsung.com and across all social media channels, including Facebook and YouTube - promising to invest in not only technology, but in the potential of people everywhere with dreams and passions. For more information on the campaign, visit Samsung.com at www.samsung.com/LaunchingPeople.
About Samsung Electronics Co., Ltd.
Samsung Electronics Co., Ltd. is a global leader in technology, opening new possibilities for people everywhere. Through relentless innovation and discovery, we are transforming the worlds of televisions, smartphones, personal computers, printers, cameras, home appliances, LTE systems, medical devices, semiconductors and LED solutions. We employ 270,000 people across 79 countries with annual sales of US$187.8 billion. To discover more, please visit www.samsung.com.
CONTACT DETAILS
Rebecca Oommen, Samsung Electronics Co., Ltd., +91 (124) 4881234, rebecca.o@samsung.com
KEYWORDS
CONSUMER, ENTERTAINMENT, PEOPLE, SOCIAL, MARKETING, BUSINESS SERVICES, ELECTRONICS, IT, GROUPS, MEDIA, OFFICE EQUIPMENT, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Samsung Electronics Co., Ltd.
Monday, October 28, 2013 01:20 PM IST (07:50 AM GMT)
Editors: General: Consumer interest, Entertainment, People, Social issues; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Information technology, Major diversified industrial groups, Media & entertainment, Office equipment makers; Technology
--------------------------------------------------
Samsung Announces "Launching People" Campaign and Plan to Support Inspiring Ideas Around the Globe
New campaign demonstrates Samsung's belief in the power of human potential through the use of technology to launch dreams
New Delhi, Delhi, India, Monday, October 28, 2013 -- (Business Wire India) -- Today, Samsung Electronics announced its global "Launching People" campaign, strengthening its commitment to unleash the dreams, passions and potential of individuals around the world with brilliant ideas and technology.
Samsung's culture of innovation is reaching beyond products to help people everywhere realize their potential for how technology can make a difference in their lives and the lives of others. The "Launching People" campaign identifies and invests in the potential of inspiring individuals across the globe. Together with Samsung's support and access to advanced technology, this potential can be actualized.
"We believe that technology only begins to have meaning when you put it in the hands of a human being and when this technology collides with people's potential, amazing things can happen" said Sue Shim, Chief Marketing Officer at Samsung. "People around the world have shared the remarkable things they've done with our products. These stories made us realize that Samsung doesn't just launch products, we launch people-and we want to see more. Over the next year, we'll work with people all over the world on new and exciting projects that launch people's potential with the assistance of technology, helping people not only explore personal passions, but also inspire others."
Starting from France launch in June of 2013, Samsung's "Launching People" campaign will turn consumers' dreams, passions and potential into reality in 13 regions in Europe, Latin America and Middle East in 2013, and expects to expand the campaign further in 2014. Samsung will focus on providing consumers the chance to realize their potential by teaming them up with renowned mentors, start up fundings and products to help them on their journey.
Samsung will activate programs across the globe over the coming months. Through real consumer stories, Samsung will spread the word about "Launching People" on Samsung.com and across all social media channels, including Facebook and YouTube - promising to invest in not only technology, but in the potential of people everywhere with dreams and passions. For more information on the campaign, visit Samsung.com at www.samsung.com/LaunchingPeople.
About Samsung Electronics Co., Ltd.
Samsung Electronics Co., Ltd. is a global leader in technology, opening new possibilities for people everywhere. Through relentless innovation and discovery, we are transforming the worlds of televisions, smartphones, personal computers, printers, cameras, home appliances, LTE systems, medical devices, semiconductors and LED solutions. We employ 270,000 people across 79 countries with annual sales of US$187.8 billion. To discover more, please visit www.samsung.com.
CONTACT DETAILS
Rebecca Oommen, Samsung Electronics Co., Ltd., +91 (124) 4881234, rebecca.o@samsung.com
KEYWORDS
CONSUMER, ENTERTAINMENT, PEOPLE, SOCIAL, MARKETING, BUSINESS SERVICES, ELECTRONICS, IT, GROUPS, MEDIA, OFFICE EQUIPMENT, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: This Deepawali Meet Sawhney & Co. Adds a Touch of Luxury to your Deepawali Gifts
Press release from Business Wire India
Source: Meet Sawhney & Co.
Monday, October 28, 2013 12:30 PM IST (07:00 AM GMT)
Editors: General: Consumer interest, Lifestyle, People; Business: Advertising, PR & marketing, Business services, Construction, Household & personal care products & services, Media & entertainment, Retailers
--------------------------------------------------
This Deepawali Meet Sawhney & Co. Adds a Touch of Luxury to your Deepawali Gifts
Gurgaon, Faridabad, Haryana, Noida, Ghaziabad, Uttar Pradesh, New Delhi, Delhi, India, Monday, October 28, 2013 -- (Business Wire India) -- Meet Sawhney & Co., have recently launched their range of exquisite Deepawali gifting and décor in their showroom in Gurgaon. With luxury glass decoratives, elegant crystal flower-vases to rare figurines from across the finest brands in the world, their Deepawali range has gifts for all tastes and personalities.
"This Deepawali, there's been a rise in demand for luxury decoratives and tableware. A lot of our customers are looking for the best brands to add uniqueness to their gifts, so we thought of creating novel offerings across all price ranges and brands. While we are offering flower decoratives that cost around Rs. 15,000, we also have a set of suave wine glasses that costs around Rs. 2,000. The overall Diwali range goes upto Rs. 7,00,000.", says Meet Sawhney, MD, Meet Sawhney & Co.
With Deepawali just being a few days away, Meet Sawhney & Co. has great options for people who want to add exclusivity to their gifts and home décor this year.
About Meet Sawhney & Co.
With over half a decade of experience in state of the art construction, home development and ethereal interiors, Meet Sawney & Co. have been associated with styling interiors of prestigious hotels and building magnificent villas.
In 2012, they launched an exclusive 2 level outlet in Gurgaon, spread over 25000 sq. ft., with home furniture and décor from the finest brands across the globe such as B&B Italia, Baltus, JNL, Molteni & C, among many others.
Meet Sawhney & Co.
Level 3/5, JMD Regent Arcade
Near Sikandarpur Metro Station
MG Road, Gurgaon - 122001
0124 4307777
Timings: 10:00 AM to 7:00 PM
CONTACT DETAILS
Shiv J, +91 8377847751, pr@creativaindia.com
Sachee Malhotra, +91 9971221116, pr@creativaindia.com
KEYWORDS
CONSUMER, LIFESTYLE, PEOPLE, MARKETING, BUSINESS SERVICES, CONSTRUCTION, HOUSEHOLD, MEDIA, RETAIL
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Meet Sawhney & Co.
Monday, October 28, 2013 12:30 PM IST (07:00 AM GMT)
Editors: General: Consumer interest, Lifestyle, People; Business: Advertising, PR & marketing, Business services, Construction, Household & personal care products & services, Media & entertainment, Retailers
--------------------------------------------------
This Deepawali Meet Sawhney & Co. Adds a Touch of Luxury to your Deepawali Gifts
Gurgaon, Faridabad, Haryana, Noida, Ghaziabad, Uttar Pradesh, New Delhi, Delhi, India, Monday, October 28, 2013 -- (Business Wire India) -- Meet Sawhney & Co., have recently launched their range of exquisite Deepawali gifting and décor in their showroom in Gurgaon. With luxury glass decoratives, elegant crystal flower-vases to rare figurines from across the finest brands in the world, their Deepawali range has gifts for all tastes and personalities.
"This Deepawali, there's been a rise in demand for luxury decoratives and tableware. A lot of our customers are looking for the best brands to add uniqueness to their gifts, so we thought of creating novel offerings across all price ranges and brands. While we are offering flower decoratives that cost around Rs. 15,000, we also have a set of suave wine glasses that costs around Rs. 2,000. The overall Diwali range goes upto Rs. 7,00,000.", says Meet Sawhney, MD, Meet Sawhney & Co.
With Deepawali just being a few days away, Meet Sawhney & Co. has great options for people who want to add exclusivity to their gifts and home décor this year.
About Meet Sawhney & Co.
With over half a decade of experience in state of the art construction, home development and ethereal interiors, Meet Sawney & Co. have been associated with styling interiors of prestigious hotels and building magnificent villas.
In 2012, they launched an exclusive 2 level outlet in Gurgaon, spread over 25000 sq. ft., with home furniture and décor from the finest brands across the globe such as B&B Italia, Baltus, JNL, Molteni & C, among many others.
Meet Sawhney & Co.
Level 3/5, JMD Regent Arcade
Near Sikandarpur Metro Station
MG Road, Gurgaon - 122001
0124 4307777
Timings: 10:00 AM to 7:00 PM
CONTACT DETAILS
Shiv J, +91 8377847751, pr@creativaindia.com
Sachee Malhotra, +91 9971221116, pr@creativaindia.com
KEYWORDS
CONSUMER, LIFESTYLE, PEOPLE, MARKETING, BUSINESS SERVICES, CONSTRUCTION, HOUSEHOLD, MEDIA, RETAIL
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Intuit QuickBooks Powers Ahead in India
Press release from Business Wire India
Source: Intuit Inc.
Monday, October 28, 2013 12:00 PM IST (06:30 AM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst, Information technology, Major diversified industrial groups; Technology
--------------------------------------------------
Intuit QuickBooks Powers Ahead in India
Sees steady customer adoption as small businesses discover anywhere-anytime accounting made easy
Bangalore, Karnataka, India, Monday, October 28, 2013 -- (Business Wire India) -- Intuit Inc. (Nasdaq: INTU), today announced that QuickBooks, the company's flagship business and financial management software, has been tried by more than 50,000 small business owners in India, providing them with easy access to their finances through an internet-connected computer or data plan-enabled smartphone.
In a survey conducted by Intuit with the subscribers of QuickBooks in India, nearly 90% of the respondents agreed that QuickBooks provides anytime, anywhere accessibility as it's a cloud based offering. About 81% of them agreed QuickBooks provides them with the benefit of automatic software upgrade feature and 74% of the respondents agreed that its easy for their employees to access through the multiple-user login feature. 76% of the respondents agreed that they have benefited from the automatic data backup feature.
Over 50% of subscribers of QuickBooks in India are located primarily in 4 cities - Bangalore, New Delhi, Mumbai and Chennai. The majority of the offering's userbase comes from the services industry (62%), which largely comprises of Tech Startups, HR Consultants, Marketing Consultants and Travel Agents.
Underscoring QuickBooks appeal amongst the Accountant community in India, adoption in this user base has been growing at 49% over the last six months. Accountants are also playing a key role in recommending their own clients to migrate to QuickBooks.
Nikhil Arora, Vice President and Managing Director of Intuit India, said: "We are very encouraged by the traction QuickBooks has experienced in just under a year since we launched it in India. Intuit is very pleased to have had the opportunity to carry forward our longstanding legacy of working with customers to understand their needs and build solutions based on their feedback. Using this feedback, we are continuously iterating on the product to deliver on the localization needs in India. We have also run several initiatives and worked collaboratively with the government and other industry bodies to create awareness among small business owners about technology adoption. We look forward to continuing to work with and empower small businesses in their journey to success."
QuickBooks lets small businesses easily create localised invoices, pay bills and track expenses. The easy-to-use, cloud-based service needs no professional accounting training and allows the small business owners to take data-driven business decisions on the move.
Suraj Nayak, Founder of EcoSpace and a QuickBooks user said: "QuickBooks takes care of all my accounting needs and most importantly has helped me immensely in making the right business decisions. Its comprehensive features and anytime-anywhere access helps me streamline my work. QuickBooks has taught me the essentials of managing business intelligently."
For accountants, QuickBooks helps them collaborate with their teams better and efficiently deliver to their customers across regions. Some of the key product features that have been influencing accountants across major cities in India are online banking integration capabilities, customizable reporting and seamless collaboration. Intuit also launched a ProAdvisor Programme for accountants in India wherein they receive international certification and advanced training to provide priority support to their clients.
Intuit QuickBooks ProAdvisor, CA, Mukesh said: "Besides offering great features such as anytime-anywhere access, QuickBooks has allowed me to take better business decisions. It has also helped me grow my business by enhancing my ability to provide timely and informed advice to my clients."
About Intuit India
Intuit is a leading provider of business and financial management solutions for small and mid-sized businesses in the country. Intuit India, the company's first venture in Asia Pacific, commenced operations in 2005 and currently has more than 700 employees across offices in Bangalore, Mumbai and New Delhi. Intuit stands on the core principles of customer-driven innovation and improving the financial lives of its customers profoundly with product offerings such as Intuit QuickBooks in India. Intuit has been recognized as the 9th best company for Rewards and Recognition, 6th Best Employer in India, Top 10 Best Places to Work for in India by Great Places to Work Institute. For more information, please visit www.intuit.in
About Intuit Inc.
Intuit Inc. creates business and financial management solutions that simplify the business of life for small businesses, consumers and accounting professionals. Its flagship products and services include QuickBooks®, Quicken® and TurboTax®, which make it easier to manage small businesses and payroll processing, personal finance, and tax preparation and filing. Mint.com provides a fresh, easy and intelligent way for people to manage their money, while Demandforce® offers marketing and communication tools for small businesses. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants. Founded in 1983, Intuit had revenue of $4.2 billion in its fiscal year 2013. 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
Bhawana Singh, The PRactice, +91 9341601630, bhawana@the-practice.net
KEYWORDS
CONSUMER, CONSULTANCY SERVICES, MARKETING, BANKING, BUSINESS SERVICES, Financial Analyst, IT, GROUPS, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Intuit Inc.
Monday, October 28, 2013 12:00 PM IST (06:30 AM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst, Information technology, Major diversified industrial groups; Technology
--------------------------------------------------
Intuit QuickBooks Powers Ahead in India
Sees steady customer adoption as small businesses discover anywhere-anytime accounting made easy
Bangalore, Karnataka, India, Monday, October 28, 2013 -- (Business Wire India) -- Intuit Inc. (Nasdaq: INTU), today announced that QuickBooks, the company's flagship business and financial management software, has been tried by more than 50,000 small business owners in India, providing them with easy access to their finances through an internet-connected computer or data plan-enabled smartphone.
In a survey conducted by Intuit with the subscribers of QuickBooks in India, nearly 90% of the respondents agreed that QuickBooks provides anytime, anywhere accessibility as it's a cloud based offering. About 81% of them agreed QuickBooks provides them with the benefit of automatic software upgrade feature and 74% of the respondents agreed that its easy for their employees to access through the multiple-user login feature. 76% of the respondents agreed that they have benefited from the automatic data backup feature.
Over 50% of subscribers of QuickBooks in India are located primarily in 4 cities - Bangalore, New Delhi, Mumbai and Chennai. The majority of the offering's userbase comes from the services industry (62%), which largely comprises of Tech Startups, HR Consultants, Marketing Consultants and Travel Agents.
Underscoring QuickBooks appeal amongst the Accountant community in India, adoption in this user base has been growing at 49% over the last six months. Accountants are also playing a key role in recommending their own clients to migrate to QuickBooks.
Nikhil Arora, Vice President and Managing Director of Intuit India, said: "We are very encouraged by the traction QuickBooks has experienced in just under a year since we launched it in India. Intuit is very pleased to have had the opportunity to carry forward our longstanding legacy of working with customers to understand their needs and build solutions based on their feedback. Using this feedback, we are continuously iterating on the product to deliver on the localization needs in India. We have also run several initiatives and worked collaboratively with the government and other industry bodies to create awareness among small business owners about technology adoption. We look forward to continuing to work with and empower small businesses in their journey to success."
QuickBooks lets small businesses easily create localised invoices, pay bills and track expenses. The easy-to-use, cloud-based service needs no professional accounting training and allows the small business owners to take data-driven business decisions on the move.
Suraj Nayak, Founder of EcoSpace and a QuickBooks user said: "QuickBooks takes care of all my accounting needs and most importantly has helped me immensely in making the right business decisions. Its comprehensive features and anytime-anywhere access helps me streamline my work. QuickBooks has taught me the essentials of managing business intelligently."
For accountants, QuickBooks helps them collaborate with their teams better and efficiently deliver to their customers across regions. Some of the key product features that have been influencing accountants across major cities in India are online banking integration capabilities, customizable reporting and seamless collaboration. Intuit also launched a ProAdvisor Programme for accountants in India wherein they receive international certification and advanced training to provide priority support to their clients.
Intuit QuickBooks ProAdvisor, CA, Mukesh said: "Besides offering great features such as anytime-anywhere access, QuickBooks has allowed me to take better business decisions. It has also helped me grow my business by enhancing my ability to provide timely and informed advice to my clients."
About Intuit India
Intuit is a leading provider of business and financial management solutions for small and mid-sized businesses in the country. Intuit India, the company's first venture in Asia Pacific, commenced operations in 2005 and currently has more than 700 employees across offices in Bangalore, Mumbai and New Delhi. Intuit stands on the core principles of customer-driven innovation and improving the financial lives of its customers profoundly with product offerings such as Intuit QuickBooks in India. Intuit has been recognized as the 9th best company for Rewards and Recognition, 6th Best Employer in India, Top 10 Best Places to Work for in India by Great Places to Work Institute. For more information, please visit www.intuit.in
About Intuit Inc.
Intuit Inc. creates business and financial management solutions that simplify the business of life for small businesses, consumers and accounting professionals. Its flagship products and services include QuickBooks®, Quicken® and TurboTax®, which make it easier to manage small businesses and payroll processing, personal finance, and tax preparation and filing. Mint.com provides a fresh, easy and intelligent way for people to manage their money, while Demandforce® offers marketing and communication tools for small businesses. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants. Founded in 1983, Intuit had revenue of $4.2 billion in its fiscal year 2013. 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
Bhawana Singh, The PRactice, +91 9341601630, bhawana@the-practice.net
KEYWORDS
CONSUMER, CONSULTANCY SERVICES, MARKETING, BANKING, BUSINESS SERVICES, Financial Analyst, IT, GROUPS, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Mega Diwali Rummy Tournament - Ace2Three Diwali ‘The Maal’ Win 10 Lakh Cash Prizes
Press release from Business Wire India
Source: Ace2Three.com
Monday, October 28, 2013 10:40 AM IST (05:10 AM GMT)
Editors: General: Consumer interest, Entertainment, People; Business: Advertising, PR & marketing, Business services, Information technology, Major diversified industrial groups, Media & entertainment; Technology
--------------------------------------------------
Mega Diwali Rummy Tournament - Ace2Three Diwali 'The Maal' Win 10 Lakh Cash Prizes
Hyderabad, Andhra Pradesh, India, Monday, October 28, 2013 -- (Business Wire India) -- "This Diwali, let's make online Rummy explosive", says Ace2Three. The site is offering a whopping Rs. 10 lakhs through the Diwali "The Maal" Mega Tourney, a never before offer in Online Rummy Tourneys!! This is indeed a singular mega tourney as this is the first time a rummy site is offering such a spectacular amount.
Diwali 'The Maal' Mega Tourney is open to every rummy player who wants some crackling rummy for the occasion at no cost. The Total Prize Pool is at Rs. 10 Lakhs and the online rummy site is welcoming 10,000 participants to vie for the grand First Prize of Rs. 1 Lakh.
Scheduled for Saturday, 2nd November 2013 at 3:00 PM, this Mega Tourney is happening exactly when Diwali excitement is at its peak. Well, it does look like the online gaming site knows the pulse of the Indian Rummy playing junta!
"It's awesome, I can't wait to participate. And the best part is that it is a Mega tourney", enthuses Rao, a passionate online rummy player. "We have seen quite a few tournaments with promising cash prizes, but this! This 10 lakh prize is extraordinary!" he adds.
Excitement about Diwali Rummy is running high among rummy players all over the Internet. And the one lakh cash prize offer being made by www.ace2three.com matches up in thrilling proportions.
In having the Mega Tourney, the site is successfully sealing its reputation as one that welcomes all players, paid or free. "Players only need to register, make their first purchase and get a free entry into the tournament and get a chance to win a whopping Rs. 1 Lakh", says site representatives. "A maximum of 1000 winners ensures a good spread of excitement", they add.
And of course, the occasion; Come Diwali and spectacular Rummy shows light up our celebrations. This has been a lasting trend in India since ages and online Rummy today has quickly caught on with the trend. www.ace2three.com appears on top of this trend and promises to ignite Diwali festivities with the Mega Tourney.
The site has several laurels to boast of that way. For every occasion, www.ace2three.com has managed to delight its players. The recent Independence Day rummy tournament offered an incredible Rs. 5,00,000 in cash which was a first in online indian rummy history.
As one of the pioneering online Rummy gaming sites, www.ace2three.com seems to strike the balance between player need, occasion and incentive very well.
The Diwali "The Maal" Mega Tourney promises to take tourneys to a whole new level. With Buy-in no bar, passion is the only ticket for this tourney and the 10 lakh prize. The Rummy fireworks will start exactly at 3 PM on Saturday, 2nd November 2013 (a day before Diwali).
About Ace2Three:
Ace2Three, a product of Head Infotech India Pvt Ltd, is India's No.1 online rummy portal that provides the best user experience to all its 20 Lakh players and keeps them engaged constantly with different promotion offers and a variety of special tournaments.
CONTACT DETAILS
Madhav Prathapa, Ace2Three.com, +91 (40) 66061234, madhav.p@headinfotech.com
KEYWORDS
CONSUMER, ENTERTAINMENT, PEOPLE, MARKETING, BUSINESS SERVICES, IT, GROUPS, MEDIA, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Ace2Three.com
Monday, October 28, 2013 10:40 AM IST (05:10 AM GMT)
Editors: General: Consumer interest, Entertainment, People; Business: Advertising, PR & marketing, Business services, Information technology, Major diversified industrial groups, Media & entertainment; Technology
--------------------------------------------------
Mega Diwali Rummy Tournament - Ace2Three Diwali 'The Maal' Win 10 Lakh Cash Prizes
Hyderabad, Andhra Pradesh, India, Monday, October 28, 2013 -- (Business Wire India) -- "This Diwali, let's make online Rummy explosive", says Ace2Three. The site is offering a whopping Rs. 10 lakhs through the Diwali "The Maal" Mega Tourney, a never before offer in Online Rummy Tourneys!! This is indeed a singular mega tourney as this is the first time a rummy site is offering such a spectacular amount.
Diwali 'The Maal' Mega Tourney is open to every rummy player who wants some crackling rummy for the occasion at no cost. The Total Prize Pool is at Rs. 10 Lakhs and the online rummy site is welcoming 10,000 participants to vie for the grand First Prize of Rs. 1 Lakh.
Scheduled for Saturday, 2nd November 2013 at 3:00 PM, this Mega Tourney is happening exactly when Diwali excitement is at its peak. Well, it does look like the online gaming site knows the pulse of the Indian Rummy playing junta!
"It's awesome, I can't wait to participate. And the best part is that it is a Mega tourney", enthuses Rao, a passionate online rummy player. "We have seen quite a few tournaments with promising cash prizes, but this! This 10 lakh prize is extraordinary!" he adds.
Excitement about Diwali Rummy is running high among rummy players all over the Internet. And the one lakh cash prize offer being made by www.ace2three.com matches up in thrilling proportions.
In having the Mega Tourney, the site is successfully sealing its reputation as one that welcomes all players, paid or free. "Players only need to register, make their first purchase and get a free entry into the tournament and get a chance to win a whopping Rs. 1 Lakh", says site representatives. "A maximum of 1000 winners ensures a good spread of excitement", they add.
And of course, the occasion; Come Diwali and spectacular Rummy shows light up our celebrations. This has been a lasting trend in India since ages and online Rummy today has quickly caught on with the trend. www.ace2three.com appears on top of this trend and promises to ignite Diwali festivities with the Mega Tourney.
The site has several laurels to boast of that way. For every occasion, www.ace2three.com has managed to delight its players. The recent Independence Day rummy tournament offered an incredible Rs. 5,00,000 in cash which was a first in online indian rummy history.
As one of the pioneering online Rummy gaming sites, www.ace2three.com seems to strike the balance between player need, occasion and incentive very well.
The Diwali "The Maal" Mega Tourney promises to take tourneys to a whole new level. With Buy-in no bar, passion is the only ticket for this tourney and the 10 lakh prize. The Rummy fireworks will start exactly at 3 PM on Saturday, 2nd November 2013 (a day before Diwali).
About Ace2Three:
Ace2Three, a product of Head Infotech India Pvt Ltd, is India's No.1 online rummy portal that provides the best user experience to all its 20 Lakh players and keeps them engaged constantly with different promotion offers and a variety of special tournaments.
CONTACT DETAILS
Madhav Prathapa, Ace2Three.com, +91 (40) 66061234, madhav.p@headinfotech.com
KEYWORDS
CONSUMER, ENTERTAINMENT, PEOPLE, MARKETING, BUSINESS SERVICES, IT, GROUPS, MEDIA, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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Sunday, October 27, 2013
BWI: Harmony Foundation Honors NGO’s and Individuals at the 6th Edition of the Mother Teresa Memorial International Award for Social Justice 2013
Press release from Business Wire India
Source: The Harmony Foundation
Sunday, October 27, 2013 07:00 PM IST (01:30 PM GMT)
Editors: General: Arts & culture, Consumer interest, Entertainment, Lifestyle, People, Social issues; Business: Advertising, PR & marketing, Business services, Hospitality, Major diversified industrial groups, Media & entertainment
--------------------------------------------------
Harmony Foundation Honors NGO's and Individuals at the 6th Edition of the Mother Teresa Memorial International Award for Social Justice 2013
Mumbai, Maharashtra, India, Sunday, October 27, 2013 -- (Business Wire India) -- "If we have no peace, it is because we have forgotten that we belong to each other" - Mother Teresa. This famous quote holds true in today's times where communal conflicts and societal issues challenge human advancement. Harmony Foundation recognizes the admirable efforts of individuals and NGO's in the realms of social justice, human rights, community development and welfare from around the world. On Sunday, the Foundation honored Mr. Sam Childers (Known as the Machine Gun Preacher who rescues young boys and girls from a militant outfit in southern Sudan), Ms. Sindhutai Sapkal (also known as Mother of Orphans), Bollywood star Sushmita Sen; amongst others with the prestigious Mother Teresa Memorial International Award for Social Justice 2013.
Currently in its sixth edition, the award ceremony is an annual initiative by Harmony Foundation that highlights the various endeavors taken up by individuals and NGO's to promote peace and strengthen humanity as a whole. Additionally, the Mother Teresa Memorial International Award for Social Justice are the only awards endorsed by the Missionaries of Charity, the organization founded by Mother Teresa. Distinguished personalities like Father Cedric Prakash (Indian human rights activist), Diep Saeeda (Lahore based human rights activist), Dr. Sudarshan Hanumappa (Indian social worker and tribal rights activist), Indian Rescue Mission (NGO which rescues minor girls from the flesh trade), Arunachalam Muruganantham (helping thousands of economically weak rural women by inventing machine which curtails costs of feminine hygiene products) and Maulana Mehmood Madani (for issuing a fatwa against terrorism in every form), were also awarded for their various initiatives. Chief Guests for the evening along with other dignitaries included leading film maker Mahesh Bhatt, Salim and Helen Khan, and several others who were among several high profile dignitaries in attendance.
Accepting the award, Mr. Sam Childers said, "This award belongs to the thousands of children in war-struck Sudan, and in many other parts of the world, who live a daily life with the constant fear and threat of attacks. I thank the Harmony Foundation profusely for this honor, and would like to dedicate this to my wife, and all my associates at Angels of East Africa, in Sudan, who tirelessly continue to rescue, and re-habilitate children caught in the crossfire of the rebel atrocities in the area."
Dr. Abraham Mathai, President of the Harmony Foundation said, "We at Harmony Foundation strive to restore belief in compassion and egalitarianism. War, terror, and inequality are now a component of human civilization, plaguing our society with various injustice and turmoil. However, at the same time, we have a number of people from around the world, who are diligently and resolutely working towards communal integrity and peaceful coexistence. By acknowledging these individuals and organizations, we hope to highlight and reinstate faith in tolerance, social equality and peace in our society."
About the Harmony Foundation:
The Harmony Foundation was founded in October 2005 by Dr. Abraham Mathai to establish communal and social harmony between various communities, castes and work towards the benefit of all the communities without any discrimination of religion, caste, creed, gender or region. The Harmony Foundation in association with patrons like Mahesh Bhatt, Admiral Vishnu Bhagwat and Tushar Gandhi, the great-grandson of Mahatma Gandhi, hosts the Mother Teresa Memorial International Awards for Social Justice to felicitate selfless and intrepid individuals who have channelized all of their energies and creativities toward social justice. The first recipient of the International Award was Baroness Caroline Cox, the Deputy Speaker - House of Lords, United Kingdom in 2005, followed by Dr. Mahathir Mohammad, former Prime Minister of Malaysia in 2006, Ansar Burney, former Human Rights Minister of Pakistan and Member of UN and His Holiness The Dalai Lama, the living icon of worldwide peace was conferred with the honor in the year 2010.
The foundation works tirelessly to ensure that the legacy of Mother Teresa is honoured and that social justice prevails. The foundation seeks to ensure barriers of divide fall down and peace loving people unite to fight hate.
CONTACT DETAILS
Joshua Patnigere, The Harmony Foundation, +91 9819815822
Bidisha Roy, MSL GROUP, +91 9820377830
KEYWORDS
ARTS, CONSUMER, ENTERTAINMENT, LIFESTYLE, PEOPLE, SOCIAL, MARKETING, BUSINESS SERVICES, HOSPITALITY, GROUPS, MEDIA
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: The Harmony Foundation
Sunday, October 27, 2013 07:00 PM IST (01:30 PM GMT)
Editors: General: Arts & culture, Consumer interest, Entertainment, Lifestyle, People, Social issues; Business: Advertising, PR & marketing, Business services, Hospitality, Major diversified industrial groups, Media & entertainment
--------------------------------------------------
Harmony Foundation Honors NGO's and Individuals at the 6th Edition of the Mother Teresa Memorial International Award for Social Justice 2013
Mumbai, Maharashtra, India, Sunday, October 27, 2013 -- (Business Wire India) -- "If we have no peace, it is because we have forgotten that we belong to each other" - Mother Teresa. This famous quote holds true in today's times where communal conflicts and societal issues challenge human advancement. Harmony Foundation recognizes the admirable efforts of individuals and NGO's in the realms of social justice, human rights, community development and welfare from around the world. On Sunday, the Foundation honored Mr. Sam Childers (Known as the Machine Gun Preacher who rescues young boys and girls from a militant outfit in southern Sudan), Ms. Sindhutai Sapkal (also known as Mother of Orphans), Bollywood star Sushmita Sen; amongst others with the prestigious Mother Teresa Memorial International Award for Social Justice 2013.
Currently in its sixth edition, the award ceremony is an annual initiative by Harmony Foundation that highlights the various endeavors taken up by individuals and NGO's to promote peace and strengthen humanity as a whole. Additionally, the Mother Teresa Memorial International Award for Social Justice are the only awards endorsed by the Missionaries of Charity, the organization founded by Mother Teresa. Distinguished personalities like Father Cedric Prakash (Indian human rights activist), Diep Saeeda (Lahore based human rights activist), Dr. Sudarshan Hanumappa (Indian social worker and tribal rights activist), Indian Rescue Mission (NGO which rescues minor girls from the flesh trade), Arunachalam Muruganantham (helping thousands of economically weak rural women by inventing machine which curtails costs of feminine hygiene products) and Maulana Mehmood Madani (for issuing a fatwa against terrorism in every form), were also awarded for their various initiatives. Chief Guests for the evening along with other dignitaries included leading film maker Mahesh Bhatt, Salim and Helen Khan, and several others who were among several high profile dignitaries in attendance.
Accepting the award, Mr. Sam Childers said, "This award belongs to the thousands of children in war-struck Sudan, and in many other parts of the world, who live a daily life with the constant fear and threat of attacks. I thank the Harmony Foundation profusely for this honor, and would like to dedicate this to my wife, and all my associates at Angels of East Africa, in Sudan, who tirelessly continue to rescue, and re-habilitate children caught in the crossfire of the rebel atrocities in the area."
Dr. Abraham Mathai, President of the Harmony Foundation said, "We at Harmony Foundation strive to restore belief in compassion and egalitarianism. War, terror, and inequality are now a component of human civilization, plaguing our society with various injustice and turmoil. However, at the same time, we have a number of people from around the world, who are diligently and resolutely working towards communal integrity and peaceful coexistence. By acknowledging these individuals and organizations, we hope to highlight and reinstate faith in tolerance, social equality and peace in our society."
About the Harmony Foundation:
The Harmony Foundation was founded in October 2005 by Dr. Abraham Mathai to establish communal and social harmony between various communities, castes and work towards the benefit of all the communities without any discrimination of religion, caste, creed, gender or region. The Harmony Foundation in association with patrons like Mahesh Bhatt, Admiral Vishnu Bhagwat and Tushar Gandhi, the great-grandson of Mahatma Gandhi, hosts the Mother Teresa Memorial International Awards for Social Justice to felicitate selfless and intrepid individuals who have channelized all of their energies and creativities toward social justice. The first recipient of the International Award was Baroness Caroline Cox, the Deputy Speaker - House of Lords, United Kingdom in 2005, followed by Dr. Mahathir Mohammad, former Prime Minister of Malaysia in 2006, Ansar Burney, former Human Rights Minister of Pakistan and Member of UN and His Holiness The Dalai Lama, the living icon of worldwide peace was conferred with the honor in the year 2010.
The foundation works tirelessly to ensure that the legacy of Mother Teresa is honoured and that social justice prevails. The foundation seeks to ensure barriers of divide fall down and peace loving people unite to fight hate.
CONTACT DETAILS
Joshua Patnigere, The Harmony Foundation, +91 9819815822
Bidisha Roy, MSL GROUP, +91 9820377830
KEYWORDS
ARTS, CONSUMER, ENTERTAINMENT, LIFESTYLE, PEOPLE, SOCIAL, MARKETING, BUSINESS SERVICES, HOSPITALITY, GROUPS, MEDIA
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Friday, October 25, 2013
BWI: Indian Broadcast Equipment Market to Grow at 9 Percent by 2017, Finds Frost & Sullivan at its Digital Media India Summit
Press release from Business Wire India
Source: Frost & Sullivan
Friday, October 25, 2013 04:30 PM IST (11:00 AM GMT)
Editors: General: Economy, Entertainment, People; Business: Business services, Information technology, Media & entertainment, Telecommunications; Technology
--------------------------------------------------
Indian Broadcast Equipment Market to Grow at 9 Percent by 2017, Finds Frost & Sullivan at its Digital Media India Summit
Mumbai, Maharashtra, India, Friday, October 25, 2013 -- (Business Wire India) -- Frost & Sullivan hosted the second edition of its 'Digital Media India Summit' in Mumbai this year. The summit included participants from broadcasters, pay TV operators and production houses and featured Frost & Sullivan's Digital Media India Awards for the Broadcast Equipment Market. The summit addressed key industry trends such as optimizing high definition (HD), deploying TV-everywhere, leveraging digital analytics, and monetizing digital Pay TV services.
On the occasion, Vidya Nath, Research Director, ICT Practice, Frost & Sullivan, presented findings from Frost & Sullivan's soon to be released report on the Indian Broadcast Equipment Industry Outlook. The market is likely to grow from nearly US $100 million in 2013 to US $168 million in 2017 at a CAGR of 9 percent, with a significant interest in HD cameras and video servers. She said, "India is highly fragmented by content type, region, and size of broadcasters. About 25 percent have a broadcast equipment budget of over US $160, 000 (INR 1 Crore), while nearly 40 percent plan to spend less than US $41, 000 (INR 25 lakh) this year. It is true that sometimes equipment purchase outlays are cyclical and typically, significant purchasing cycles are repeated every three to four years. Yet, Frost & Sullivan believes there will be little change in this trend in the short term."
The summit also hosted panel discussions on several topical trends such as 'HD: recovering ROI'; 'Online video monetization and management'; and 'Pay TV: Monetizing it effectively'.
The panel on HD discussed the viability of high definition for broadcasters and the costs involved in running Standard Definition (SD) and HD channels side-by-side. The panel was divided on whether or not HD will become a de facto standard in India, with the possibility of an explosion of HD channels over the next two years. Since less than 10 percent of households have HDTVs presently, a few of the panelists were of the opinion that HD content distribution still had to overcome several challenges in India in order to become a standard practice. The panelists in this session included M.S. Thomas, Deputy Director General, Doordarshan, George Kuruvilla, General Manager, BECIL, Ajay Meher, Sr. VP & Head - IT and Post Production, Sony Entertainment Television, and Sameer Kanse, Business Head, Tata Communications Media Services.
During another discussion on 'Online Video Monetization and Management', the panel discussed the complexities of online video content ecosystem, distribution, and the necessity to create compelling content for the alternative medium. Presently, many Indian broadcasters rely on online video platforms and content delivery networks to process and distribute their multimedia content. They continue to have total ownership of the content production through their own studios or production houses for almost all processes related to content acquisition, production, management, and distribution. However, slowly, COOs are evaluating long-term costs of technical upgrades to be competitive as well as to adapt to the changing customer type for TV-everywhere. Frost & Sullivan believes that this trend, while in its infancy today, will witness a rapid uptake from 2015 to 2020 in India. Frost & Sullivan's Mukul Krishna, Global Senior Director, Digital Media chaired this panel which had Jay Chauhan, CEO, Skyhub, Seeraj Katoch, COO, Tangerine, Surendra Kancherla, VP, Prime Focus Technologies, and Manoj Dawane, Vice President and Head of Engagement Practices at Ericsson India, as panelists.
Mukul Krishna also made two keynote presentations on 'Online Video Trends' and the 'Top 10 Predictions for the Digital Media Industry'. He emphasized the need for higher customer engagement, use of analytics, and investment in media asset management by media companies in India.
The final panel discussion on 'Pay TV: Monetizing it Effectively' compared the digital cable services in the US and India, and the panelists debated about the weakness in the Indian cable ecosystem that acts as an impediment in application of new business models due to digitization. Sujata Dev, Co-Chairperson, Media and Entertainment, ASSOCHAM, moderated this discussion that saw participation by Roop Sharma, Head, Cable Operators Federation of India, Asif Khan, CTO & CIO, Digicable, Raman Kalra, Head, Media & Entertainment, Executive Director & Partner IBM Global Business Services, India/South Asia, and Aslam Khader, Product Head, Elemental Technologies.
The summit also touched upon new age digital and social marketing with a tete-a-tete with Shailja Gupta, Chief Digital Strategist for Shah Rukh Khan and CEO, Pocket Box Office, and Jay Chauhan, CEO, Skyhub.
Frost & Sullivan also presented the Digital Media India Awards for Broadcast Equipment at this summit, for various solutions in this market. Six awards were presented that acknowledged companies who have pushed the boundaries of excellence, risen above the competition, and demonstrated outstanding performance in the Broadcast Equipment Market in India.
The Award contenders were evaluated based on a variety of parameters such as revenue, market share, product introduction, innovation, and diversity, vertical and horizontal diversity, business, and market strategy. The results were collated after conducting detailed research and assessment on market performance of companies, including in-depth primary interviews of various industry participants and secondary research conducted by Frost & Sullivan analysts for the 2013 India Broadcast Equipment Industry Outlook.
The 2013 Frost & Sullivan Digital Media India Award Recipients
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
-- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including research, analysis, strategy, vision, innovation, and implementation.
-- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360-degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics, and emerging economies?
Contact Us: Start the discussion
Us: Join our community
Subscribe: Newsletter on "the next big thing"
Register: Gain access to visionary innovation
To view the Award Recipients, please click on the link given below:
The 2013 Frost & Sullivan Digital Media India Award Recipients
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Award_Recipients.pdf
The 2013 Frost & Sullivan Digital Media India Award Recipients
CONTACT DETAILS
Ravinder Kaur, Corporate Communications - South Asia, Frost & Sullivan, +91 9940141714 / +91 (44) 66814413, ravinder.kaur@frost.com
Priya George, Corporate Communications - South Asia, Frost & Sullivan, +91 9840355432 / +91 (44) 66814414, priyag@frost.com
Nimisha Iyer, Corporate Communications - South Asia, Middle East, and North Africa, Frost & Sullivan, +91 9820050519 / +91 (22) 66072004, niyer@frost.com
KEYWORDS
ECONOMY, ENTERTAINMENT, PEOPLE, BUSINESS SERVICES, IT, MEDIA, TELECOMMUNICATIONS, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Frost & Sullivan
Friday, October 25, 2013 04:30 PM IST (11:00 AM GMT)
Editors: General: Economy, Entertainment, People; Business: Business services, Information technology, Media & entertainment, Telecommunications; Technology
--------------------------------------------------
Indian Broadcast Equipment Market to Grow at 9 Percent by 2017, Finds Frost & Sullivan at its Digital Media India Summit
Mumbai, Maharashtra, India, Friday, October 25, 2013 -- (Business Wire India) -- Frost & Sullivan hosted the second edition of its 'Digital Media India Summit' in Mumbai this year. The summit included participants from broadcasters, pay TV operators and production houses and featured Frost & Sullivan's Digital Media India Awards for the Broadcast Equipment Market. The summit addressed key industry trends such as optimizing high definition (HD), deploying TV-everywhere, leveraging digital analytics, and monetizing digital Pay TV services.
On the occasion, Vidya Nath, Research Director, ICT Practice, Frost & Sullivan, presented findings from Frost & Sullivan's soon to be released report on the Indian Broadcast Equipment Industry Outlook. The market is likely to grow from nearly US $100 million in 2013 to US $168 million in 2017 at a CAGR of 9 percent, with a significant interest in HD cameras and video servers. She said, "India is highly fragmented by content type, region, and size of broadcasters. About 25 percent have a broadcast equipment budget of over US $160, 000 (INR 1 Crore), while nearly 40 percent plan to spend less than US $41, 000 (INR 25 lakh) this year. It is true that sometimes equipment purchase outlays are cyclical and typically, significant purchasing cycles are repeated every three to four years. Yet, Frost & Sullivan believes there will be little change in this trend in the short term."
The summit also hosted panel discussions on several topical trends such as 'HD: recovering ROI'; 'Online video monetization and management'; and 'Pay TV: Monetizing it effectively'.
The panel on HD discussed the viability of high definition for broadcasters and the costs involved in running Standard Definition (SD) and HD channels side-by-side. The panel was divided on whether or not HD will become a de facto standard in India, with the possibility of an explosion of HD channels over the next two years. Since less than 10 percent of households have HDTVs presently, a few of the panelists were of the opinion that HD content distribution still had to overcome several challenges in India in order to become a standard practice. The panelists in this session included M.S. Thomas, Deputy Director General, Doordarshan, George Kuruvilla, General Manager, BECIL, Ajay Meher, Sr. VP & Head - IT and Post Production, Sony Entertainment Television, and Sameer Kanse, Business Head, Tata Communications Media Services.
During another discussion on 'Online Video Monetization and Management', the panel discussed the complexities of online video content ecosystem, distribution, and the necessity to create compelling content for the alternative medium. Presently, many Indian broadcasters rely on online video platforms and content delivery networks to process and distribute their multimedia content. They continue to have total ownership of the content production through their own studios or production houses for almost all processes related to content acquisition, production, management, and distribution. However, slowly, COOs are evaluating long-term costs of technical upgrades to be competitive as well as to adapt to the changing customer type for TV-everywhere. Frost & Sullivan believes that this trend, while in its infancy today, will witness a rapid uptake from 2015 to 2020 in India. Frost & Sullivan's Mukul Krishna, Global Senior Director, Digital Media chaired this panel which had Jay Chauhan, CEO, Skyhub, Seeraj Katoch, COO, Tangerine, Surendra Kancherla, VP, Prime Focus Technologies, and Manoj Dawane, Vice President and Head of Engagement Practices at Ericsson India, as panelists.
Mukul Krishna also made two keynote presentations on 'Online Video Trends' and the 'Top 10 Predictions for the Digital Media Industry'. He emphasized the need for higher customer engagement, use of analytics, and investment in media asset management by media companies in India.
The final panel discussion on 'Pay TV: Monetizing it Effectively' compared the digital cable services in the US and India, and the panelists debated about the weakness in the Indian cable ecosystem that acts as an impediment in application of new business models due to digitization. Sujata Dev, Co-Chairperson, Media and Entertainment, ASSOCHAM, moderated this discussion that saw participation by Roop Sharma, Head, Cable Operators Federation of India, Asif Khan, CTO & CIO, Digicable, Raman Kalra, Head, Media & Entertainment, Executive Director & Partner IBM Global Business Services, India/South Asia, and Aslam Khader, Product Head, Elemental Technologies.
The summit also touched upon new age digital and social marketing with a tete-a-tete with Shailja Gupta, Chief Digital Strategist for Shah Rukh Khan and CEO, Pocket Box Office, and Jay Chauhan, CEO, Skyhub.
Frost & Sullivan also presented the Digital Media India Awards for Broadcast Equipment at this summit, for various solutions in this market. Six awards were presented that acknowledged companies who have pushed the boundaries of excellence, risen above the competition, and demonstrated outstanding performance in the Broadcast Equipment Market in India.
The Award contenders were evaluated based on a variety of parameters such as revenue, market share, product introduction, innovation, and diversity, vertical and horizontal diversity, business, and market strategy. The results were collated after conducting detailed research and assessment on market performance of companies, including in-depth primary interviews of various industry participants and secondary research conducted by Frost & Sullivan analysts for the 2013 India Broadcast Equipment Industry Outlook.
The 2013 Frost & Sullivan Digital Media India Award Recipients
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
-- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including research, analysis, strategy, vision, innovation, and implementation.
-- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360-degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics, and emerging economies?
Contact Us: Start the discussion
Us: Join our community
Subscribe: Newsletter on "the next big thing"
Register: Gain access to visionary innovation
To view the Award Recipients, please click on the link given below:
The 2013 Frost & Sullivan Digital Media India Award Recipients
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Award_Recipients.pdf
The 2013 Frost & Sullivan Digital Media India Award Recipients
CONTACT DETAILS
Ravinder Kaur, Corporate Communications - South Asia, Frost & Sullivan, +91 9940141714 / +91 (44) 66814413, ravinder.kaur@frost.com
Priya George, Corporate Communications - South Asia, Frost & Sullivan, +91 9840355432 / +91 (44) 66814414, priyag@frost.com
Nimisha Iyer, Corporate Communications - South Asia, Middle East, and North Africa, Frost & Sullivan, +91 9820050519 / +91 (22) 66072004, niyer@frost.com
KEYWORDS
ECONOMY, ENTERTAINMENT, PEOPLE, BUSINESS SERVICES, IT, MEDIA, TELECOMMUNICATIONS, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Exset and Donex Enters into Strategic Partnership
Press release from Business Wire India
Source: Exset
Friday, October 25, 2013 02:02 PM IST (08:32 AM GMT)
Editors: General: People; Business: Business services, Electronic appliances & components, Telecommunications; Technology
--------------------------------------------------
Exset and Donex Enters into Strategic Partnership
New Delhi, Delhi, India, Friday, October 25, 2013 -- (Business Wire India) -- The Netherland-based Exset B.V., pioneers of TV ecosystems for developing markets, has today announced a close cooperation with Donex Industries Limited for manufacturing 'Set Top Box' (STB) for the Indian home cable market. Under the agreement reached between the management of both the Companies, Donex will manufacture STBs in synergy with Exset's award winning Digital Monetization System (DMS).
While Donex has been in the business of manufacturing STB for the Indian Cable Industry for over two years, this will for the first time they will be manufacturing STBs embed with DMS. This will ensure delivery of path breaking monetization service and the next generation content protection system to the cable fraternity and enable them to create multiply revenues by generating new value added monetization streams.
Mr. Alex Borland, Managing Director and CEO of Exset BV said, "The set-top box is essential to the deployment of DMS and we're really pleased to be partnering with Donex because of the company's acknowledged expertise in this field. Exset is committed to the success of this platform and will offer the highest level of security and service."
Under the agreement reached between both the Companies, Donex will manufacture around one million STBs in a year which will make digitization available in the true sense of it to the last mile operator even in the far-flung areas. Donex will also be responsible for after sales service of the DMS embedded STBs.
DMS is Exset's unique business and technology model that makes pay-TV self-financing without depending exclusively on subscriber fees for revenue. It is a revolutionary all encompassing service which includes technology at the core, surrounded by localized applications, supported by business alliances delivering the objectives on the TV screens via a low cost set top box. One key advantage for the Cable Operators will be their ability to give the largest thrust to governance and monetization in the coming decade. DMS will enable the Cable Operators to meet the challenges of digitization, and also result in positive impact on their ARPU.
Mr. Vinod Kinger, Chief Executive Officer & Managing Director, Donex Industries Ltd said, "The close cooperation between Exset and Donex's set-top box R&D team has enabled us to design a truly optimized software platform. The DMS service combined with hardware conditional access provides an interactive pay-TV solution which will help the Cable Operators to drive ARPU's to new levels."
About Exset BV
Exset was founded in 2011 on the back of a successful launch installation and deployment of Exset CAS, a Conditional Access System (CAS) that today protects content across more than 13 million homes, across Europe and Asia. A Broadcast Technology and Solutions company, with its Headquarters in The Netherlands and offices in the UK, Estonia and India, Exset not only provides the highest level of Security Technology solutions but also through the Digital Monetization System (DMS) gives operators a new way of monetizing their platforms. Exset along with its partners is the first group to acknowledge this need and it presents to the digital world the future ready amalgamation of 'CAS + DRM + Middleware + Cross Platform Architecture + Content Consultancy + VAS Monetization + DAM+ Transport+ Functionality Across Devices'.
Exset strives to provide a unique service by understanding the regional markets and working collaboratively with its customers to deliver highly tailored solutions using the most up-to-date technologies available which maximize the return on investments. Exset's all encompassing solutions and services raises the bar across the value chain achieving financial and operational advantages for all involved in the eco-system covering all the aspects of addressability, security, scalability, devices, network independence.
For more information, please visit http://www.exset.com/
About Donex Industries Limited
Donex Industries Ltd. is a group that stands for quality driven and timely EMS & LED Lightening service worldwide. Being a pioneer in technology solutions in India, Donex has in house EMS capabilities from research and development to the end product assembly. Donex designs, manufacture and ships complete packaged products for its OEM customers. A strong global presence is maintained by increasing resources, avenues, designs and solutions. Our enhanced designs and engineering solutions are vertically integrated with manufacturing logistics and component technologies.
For more information, please visit http://www.donex.in/
CONTACT DETAILS
Rajesh Prothi, Absolute Factor, +91 9810209123, rajesh.prothi@absolutefactor.com
Shrishti, Absolute Factor, +91 9650187059, shrishti@absolutefactor.com
KEYWORDS
PEOPLE, BUSINESS SERVICES, ELECTRONICS, TELECOMMUNICATIONS, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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Source: Exset
Friday, October 25, 2013 02:02 PM IST (08:32 AM GMT)
Editors: General: People; Business: Business services, Electronic appliances & components, Telecommunications; Technology
--------------------------------------------------
Exset and Donex Enters into Strategic Partnership
New Delhi, Delhi, India, Friday, October 25, 2013 -- (Business Wire India) -- The Netherland-based Exset B.V., pioneers of TV ecosystems for developing markets, has today announced a close cooperation with Donex Industries Limited for manufacturing 'Set Top Box' (STB) for the Indian home cable market. Under the agreement reached between the management of both the Companies, Donex will manufacture STBs in synergy with Exset's award winning Digital Monetization System (DMS).
While Donex has been in the business of manufacturing STB for the Indian Cable Industry for over two years, this will for the first time they will be manufacturing STBs embed with DMS. This will ensure delivery of path breaking monetization service and the next generation content protection system to the cable fraternity and enable them to create multiply revenues by generating new value added monetization streams.
Mr. Alex Borland, Managing Director and CEO of Exset BV said, "The set-top box is essential to the deployment of DMS and we're really pleased to be partnering with Donex because of the company's acknowledged expertise in this field. Exset is committed to the success of this platform and will offer the highest level of security and service."
Under the agreement reached between both the Companies, Donex will manufacture around one million STBs in a year which will make digitization available in the true sense of it to the last mile operator even in the far-flung areas. Donex will also be responsible for after sales service of the DMS embedded STBs.
DMS is Exset's unique business and technology model that makes pay-TV self-financing without depending exclusively on subscriber fees for revenue. It is a revolutionary all encompassing service which includes technology at the core, surrounded by localized applications, supported by business alliances delivering the objectives on the TV screens via a low cost set top box. One key advantage for the Cable Operators will be their ability to give the largest thrust to governance and monetization in the coming decade. DMS will enable the Cable Operators to meet the challenges of digitization, and also result in positive impact on their ARPU.
Mr. Vinod Kinger, Chief Executive Officer & Managing Director, Donex Industries Ltd said, "The close cooperation between Exset and Donex's set-top box R&D team has enabled us to design a truly optimized software platform. The DMS service combined with hardware conditional access provides an interactive pay-TV solution which will help the Cable Operators to drive ARPU's to new levels."
About Exset BV
Exset was founded in 2011 on the back of a successful launch installation and deployment of Exset CAS, a Conditional Access System (CAS) that today protects content across more than 13 million homes, across Europe and Asia. A Broadcast Technology and Solutions company, with its Headquarters in The Netherlands and offices in the UK, Estonia and India, Exset not only provides the highest level of Security Technology solutions but also through the Digital Monetization System (DMS) gives operators a new way of monetizing their platforms. Exset along with its partners is the first group to acknowledge this need and it presents to the digital world the future ready amalgamation of 'CAS + DRM + Middleware + Cross Platform Architecture + Content Consultancy + VAS Monetization + DAM+ Transport+ Functionality Across Devices'.
Exset strives to provide a unique service by understanding the regional markets and working collaboratively with its customers to deliver highly tailored solutions using the most up-to-date technologies available which maximize the return on investments. Exset's all encompassing solutions and services raises the bar across the value chain achieving financial and operational advantages for all involved in the eco-system covering all the aspects of addressability, security, scalability, devices, network independence.
For more information, please visit http://www.exset.com/
About Donex Industries Limited
Donex Industries Ltd. is a group that stands for quality driven and timely EMS & LED Lightening service worldwide. Being a pioneer in technology solutions in India, Donex has in house EMS capabilities from research and development to the end product assembly. Donex designs, manufacture and ships complete packaged products for its OEM customers. A strong global presence is maintained by increasing resources, avenues, designs and solutions. Our enhanced designs and engineering solutions are vertically integrated with manufacturing logistics and component technologies.
For more information, please visit http://www.donex.in/
CONTACT DETAILS
Rajesh Prothi, Absolute Factor, +91 9810209123, rajesh.prothi@absolutefactor.com
Shrishti, Absolute Factor, +91 9650187059, shrishti@absolutefactor.com
KEYWORDS
PEOPLE, BUSINESS SERVICES, ELECTRONICS, TELECOMMUNICATIONS, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: UAE Exchange MD and Country Head, Mr. V George Antony, Receives Boss of the Year Leadership Award
Press release from Business Wire India
Source: UAE Exchange - India
Friday, October 25, 2013 11:07 AM IST (05:37 AM GMT)
Editors: General: Entertainment, People; Business: Accounting & management consultancy services, Banking & financial services, Business services, Financial Analyst, Major diversified industrial groups, Media & entertainment
--------------------------------------------------
UAE Exchange MD and Country Head, Mr. V George Antony, Receives Boss of the Year Leadership Award
Cochin, Kerala, India, Friday, October 25, 2013 -- (Business Wire India) -- Mr. V George Antony, Managing Director and Country Head UAE Exchange, India was honoured with the Boss of the Year Leadership Awards in a glittering function on October 21, 2013, at Hotel Taj Lands End, Mumbai. The award instituted by World HRD Congress and endorsed by World Brand Congress, CMO Asia, Asian Confederation of Businesses and Stars of the Industry Groups is to recognise and reward the workplace leadership.
Speaking to the media a happy and smiling V George Antony said "I am humbled by the award and thank God for everything. I dedicate this award to our loyal customers and my colleagues and it is because of them I am able to receive the award. I am very much thankful to Dr. B R Shetty to whom I owe a lot. I have been groomed and moulded by him and his faith in me to lead Indian operations was tremendous. I am also happy to have worked with Mr. Sudhir Kumar Shetty - COO Global Operations and all my peers with whom I worked in UAE Exchange."
The jury observed that Mr. George Antony, is not just a great leader who inspires and lead his men from the front but also a great person, who lives a simple life and is accessible to his colleagues and customers at all times. He has successfully steered the company through the troubled waters of global economy.
In his award acceptance speech Mr. Antony commented that "Leaders need to evolve and customers also play a great role in bringing out the real leader. For me and UAE Exchange, customer satisfaction and service is top priority and it is because of customers we exist and get such awards."
Mr. V George Antony is also active in the social and business world. He is the recipient of Rasthriya Udyog Ratna Award and is on the Board of Directors of National Safety Council, National Executive Committee Member of ABCI.
For more details and photographs:
http://blog.uaeexchangetravel.com/2013/10/uae-exchange-md-and-country-head-mr-v-george-antony-receives-boss-of-the-year-leadership-award/
http://blog.uaeexchangetravel.com/wp-content/uploads/2013/10/BOY1.jpg
CONTACT DETAILS
Dr. Ashok Cherian Koshy, Head-Corporate Communication, UAE Exchange - India, +91 (484) 3048408 / +91 9656004356
KEYWORDS
ENTERTAINMENT, PEOPLE, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, Financial Analyst, GROUPS, MEDIA
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: UAE Exchange - India
Friday, October 25, 2013 11:07 AM IST (05:37 AM GMT)
Editors: General: Entertainment, People; Business: Accounting & management consultancy services, Banking & financial services, Business services, Financial Analyst, Major diversified industrial groups, Media & entertainment
--------------------------------------------------
UAE Exchange MD and Country Head, Mr. V George Antony, Receives Boss of the Year Leadership Award
Cochin, Kerala, India, Friday, October 25, 2013 -- (Business Wire India) -- Mr. V George Antony, Managing Director and Country Head UAE Exchange, India was honoured with the Boss of the Year Leadership Awards in a glittering function on October 21, 2013, at Hotel Taj Lands End, Mumbai. The award instituted by World HRD Congress and endorsed by World Brand Congress, CMO Asia, Asian Confederation of Businesses and Stars of the Industry Groups is to recognise and reward the workplace leadership.
Speaking to the media a happy and smiling V George Antony said "I am humbled by the award and thank God for everything. I dedicate this award to our loyal customers and my colleagues and it is because of them I am able to receive the award. I am very much thankful to Dr. B R Shetty to whom I owe a lot. I have been groomed and moulded by him and his faith in me to lead Indian operations was tremendous. I am also happy to have worked with Mr. Sudhir Kumar Shetty - COO Global Operations and all my peers with whom I worked in UAE Exchange."
The jury observed that Mr. George Antony, is not just a great leader who inspires and lead his men from the front but also a great person, who lives a simple life and is accessible to his colleagues and customers at all times. He has successfully steered the company through the troubled waters of global economy.
In his award acceptance speech Mr. Antony commented that "Leaders need to evolve and customers also play a great role in bringing out the real leader. For me and UAE Exchange, customer satisfaction and service is top priority and it is because of customers we exist and get such awards."
Mr. V George Antony is also active in the social and business world. He is the recipient of Rasthriya Udyog Ratna Award and is on the Board of Directors of National Safety Council, National Executive Committee Member of ABCI.
For more details and photographs:
http://blog.uaeexchangetravel.com/2013/10/uae-exchange-md-and-country-head-mr-v-george-antony-receives-boss-of-the-year-leadership-award/
http://blog.uaeexchangetravel.com/wp-content/uploads/2013/10/BOY1.jpg
CONTACT DETAILS
Dr. Ashok Cherian Koshy, Head-Corporate Communication, UAE Exchange - India, +91 (484) 3048408 / +91 9656004356
KEYWORDS
ENTERTAINMENT, PEOPLE, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, Financial Analyst, GROUPS, MEDIA
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Thursday, October 24, 2013
BWI: Idea Cellular Announces Un-Audited Results for the Second Quarter (Q2) and Half Year Ended September 30, 2013
Press release from Business Wire India
Source: Idea Cellular Limited
Thursday, October 24, 2013 07:45 PM IST (02:15 PM GMT)
Editors: General; Business: Accounting & management consultancy services, Banking & financial services, Business services, Financial Analyst, Heavy industries, Major diversified industrial groups, Stock exchanges, Telecommunications; Technology
--------------------------------------------------
Idea Cellular Announces Un-Audited Results for the Second Quarter (Q2) and Half Year Ended September 30, 2013
Mumbai, Maharashtra, India, Thursday, October 24, 2013 -- (Business Wire India) -- With increasing proportion of rural subscribers, the seasonal slowdown in the second quarter has become more pronounced resulting in sharp contraction in the 'Voice Minutes of Use' by 5.8% to 138.8 billion minutes compared to 147.3 billion minutes in Q1FY14.
The long term business trends remain robust and company is on course of its mission of consistent, competitive, responsible and profitable growth. This quarter Idea standalone revenue has grown by 18.1% on YoY basis to Rs. 63,170 million against Rs. 53,481 million revenue in Q2FY13. The company further strengthened its 'Revenue Market Share' to 16.2% and 'VLR subscriber Market Share' to 16.7% in Q1FY14, an improvement of over 1% in one year. Idea continues to invest in long term value creators - launched 4,312 new sites (2G+3G) to reach network site EoP of 114,001 sites (2G+3G) and expanded optical fibre network to 77,000 km. Inspite of higher network rollout, Idea is pleased to record sharp YoY standalone EBITDA growth of 38.2%.
The 'Voice Minutes' expansion by 10.5% on YoY basis from 125.6 billion minutes in Q2FY13 was ably supported by annual active Idea customer addition of 13.1 million, recording industry highest incremental VLR subscriber share@ 39.5% (July'12 to July'13).
With company clamping down on promotional minutes for 'New and Existing Customers', the 'Average Realised Rate per Minute' improved over the year by 3.4 paisa/minute (8.3%) to 44.7 paisa/minute. The 'Value Added Services' (VAS) contribution also increased to 16.1% (15.6% in Q2FY13) further improving overall ARPM.
The VAS services growth is primarily led by higher 'Mobile Data' adoption. The Data revenue as a % of 'Service Revenue' improved by 3.3% on YoY basis to 8.7%. With 14.7 million additional Idea subscribers initiating mobile data usage, EoP of data subscribers increased to 33.6 million (2G+3G). The blended per user data usage grew to 178 Megabytes, thereby data volume exploded @99.6% to 17.5 billion Megabytes in Q2FY14 over last year. However, the realised rate (ARMB) is under competitive pressure falling by 1.0 paisa per MB (3.2%) on YoY basis to 31.0 paisa per MB.
In comparison, the 'Non Data VAS' revenue as a % of 'Service Revenue' has fallen to 7.4%, drop of 2.8% contribution over the year. The 'Non Data VAS' services are under pressure due to TRAI new regulation of double confirmation and threat emerging from free messenger & chat 'OTT' applications/services.
The company remains focused on efficient cost management with overall 'Subscriber Acquisition and Marketing Costs' reduction by 1.6% on YoY basis, primarily due to lower blended subscribers churn at 5.3% in Q2FY14 vs 10.1% in Q2FY13.
The revenue growth and scale benefit translated into healthy standalone EBITDA margin of 27.6%, YoY improvement by 4.0%. This helped company generate Cash Profit of Rs. 14,556 million, a growth of 18.2% over Q2FY13, further strengthening Idea's Balance Sheet.
The 'Net Interest & Finance Cost' was lower by Rs. 257 million at Rs. 1,575 million. Company's Net Debt further fell from Rs. 102,199 million in Q1FY14 to Rs. 92,864 million in Q2FY14, helping 'Net Debt to Annualised EBITDA' ratio reach enviable 1.33.
The double bottom line drivers Voice and Data Business, helped Idea reach a standalone PAT to Rs. 3,985 million, 13.2% growth on Q2FY13 PAT of Rs. 3,519 million (despite including Rs. 1,543 million dividend from Indus).
At consolidated level Idea revenue including 16% Indus contribution has grown by 19.0% on YoY basis and consolidated EBITDA by 38.6% to Rs. 19,715 million in Q2FY14. The consolidated EBITDA margin of 31.2% is a YoY improvement of 4.4%. The consolidated PAT of Rs. 4,476 million grew by 86.5% compared to Q2FY13 PAT of Rs. 2,400 million.
As competitive intensity declines and overcapacity phase comes to an inevitable end, visibility of spectrum quantum and pricing improves, Idea expects to further consolidate its position in the telecom voice and data market.
Notes:
Idea Standalone represents Idea, and its 100% subsidiaries. Effectively, this encompasses all operations, excluding the Joint Venture i.e. Indus.
1. Idea Consolidated represents Idea Standalone and proportionate consolidation of Indus (@16%).
2. Established Service Areas represent 15 service areas namely Maharashtra & Goa, Gujarat, Andhra Pradesh, Madhya Pradesh & Chhattisgarh, Delhi, Kerala, Haryana, Uttar Pradesh West & Uttaranchal, Uttar Pradesh East, Rajasthan, Himachal Pradesh, Punjab, Karnataka as well as Mumbai and Bihar service areas from Q1FY14 onwards. For FY13 Established Service Areas were 13, not including Mumbai and Bihar
3. New Service Areas represent 7 service areas of Orissa, Tamil Nadu, J&K, Kolkata, West Bengal, Assam and North East from Q1FY14 onwards. For FY13 New Service Areas were 9, including Mumbai and Bihar.
4. Cash Profit is calculated as summation of PAT, Depreciation & Amortisation, charge on account of ESOPs and Deferred tax, for the relevant period.
5.Figures for past periods have been regrouped, wherever necessary.
About Idea Cellular Ltd.
Idea Cellular is the third largest wireless operator in India with a Revenue Market Share of 16.2% (Q1FY14). Idea is listed on the National Stock Exchange (NSE), and the Bombay Stock Exchange (BSE) in India. Idea is part of the Aditya Birla Group, India's first truly multinational group. The group operates in 36 countries, is anchored by an extraordinary force of over 136,000 employees belonging to 42 nationalities, and derives over 50% of its revenues from operations outside India.
To view the Financial Results, please click on the link given below:
Financial Results
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Financial_Results(17).pdf
Financial_Results(17).pdf
CONTACT DETAILS
Janet Arole, Head - Corporate Communications, Apparel & Retail Business, The Aditya Birla Group, janet.arole@adityabirla.com
KEYWORDS
GENERAL, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, Financial Analyst, HEAVY INDUSTRIES, GROUPS, STOCK EXCHANGES, TELECOMMUNICATIONS, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Idea Cellular Limited
Thursday, October 24, 2013 07:45 PM IST (02:15 PM GMT)
Editors: General; Business: Accounting & management consultancy services, Banking & financial services, Business services, Financial Analyst, Heavy industries, Major diversified industrial groups, Stock exchanges, Telecommunications; Technology
--------------------------------------------------
Idea Cellular Announces Un-Audited Results for the Second Quarter (Q2) and Half Year Ended September 30, 2013
Mumbai, Maharashtra, India, Thursday, October 24, 2013 -- (Business Wire India) -- With increasing proportion of rural subscribers, the seasonal slowdown in the second quarter has become more pronounced resulting in sharp contraction in the 'Voice Minutes of Use' by 5.8% to 138.8 billion minutes compared to 147.3 billion minutes in Q1FY14.
The long term business trends remain robust and company is on course of its mission of consistent, competitive, responsible and profitable growth. This quarter Idea standalone revenue has grown by 18.1% on YoY basis to Rs. 63,170 million against Rs. 53,481 million revenue in Q2FY13. The company further strengthened its 'Revenue Market Share' to 16.2% and 'VLR subscriber Market Share' to 16.7% in Q1FY14, an improvement of over 1% in one year. Idea continues to invest in long term value creators - launched 4,312 new sites (2G+3G) to reach network site EoP of 114,001 sites (2G+3G) and expanded optical fibre network to 77,000 km. Inspite of higher network rollout, Idea is pleased to record sharp YoY standalone EBITDA growth of 38.2%.
The 'Voice Minutes' expansion by 10.5% on YoY basis from 125.6 billion minutes in Q2FY13 was ably supported by annual active Idea customer addition of 13.1 million, recording industry highest incremental VLR subscriber share@ 39.5% (July'12 to July'13).
With company clamping down on promotional minutes for 'New and Existing Customers', the 'Average Realised Rate per Minute' improved over the year by 3.4 paisa/minute (8.3%) to 44.7 paisa/minute. The 'Value Added Services' (VAS) contribution also increased to 16.1% (15.6% in Q2FY13) further improving overall ARPM.
The VAS services growth is primarily led by higher 'Mobile Data' adoption. The Data revenue as a % of 'Service Revenue' improved by 3.3% on YoY basis to 8.7%. With 14.7 million additional Idea subscribers initiating mobile data usage, EoP of data subscribers increased to 33.6 million (2G+3G). The blended per user data usage grew to 178 Megabytes, thereby data volume exploded @99.6% to 17.5 billion Megabytes in Q2FY14 over last year. However, the realised rate (ARMB) is under competitive pressure falling by 1.0 paisa per MB (3.2%) on YoY basis to 31.0 paisa per MB.
In comparison, the 'Non Data VAS' revenue as a % of 'Service Revenue' has fallen to 7.4%, drop of 2.8% contribution over the year. The 'Non Data VAS' services are under pressure due to TRAI new regulation of double confirmation and threat emerging from free messenger & chat 'OTT' applications/services.
The company remains focused on efficient cost management with overall 'Subscriber Acquisition and Marketing Costs' reduction by 1.6% on YoY basis, primarily due to lower blended subscribers churn at 5.3% in Q2FY14 vs 10.1% in Q2FY13.
The revenue growth and scale benefit translated into healthy standalone EBITDA margin of 27.6%, YoY improvement by 4.0%. This helped company generate Cash Profit of Rs. 14,556 million, a growth of 18.2% over Q2FY13, further strengthening Idea's Balance Sheet.
The 'Net Interest & Finance Cost' was lower by Rs. 257 million at Rs. 1,575 million. Company's Net Debt further fell from Rs. 102,199 million in Q1FY14 to Rs. 92,864 million in Q2FY14, helping 'Net Debt to Annualised EBITDA' ratio reach enviable 1.33.
The double bottom line drivers Voice and Data Business, helped Idea reach a standalone PAT to Rs. 3,985 million, 13.2% growth on Q2FY13 PAT of Rs. 3,519 million (despite including Rs. 1,543 million dividend from Indus).
At consolidated level Idea revenue including 16% Indus contribution has grown by 19.0% on YoY basis and consolidated EBITDA by 38.6% to Rs. 19,715 million in Q2FY14. The consolidated EBITDA margin of 31.2% is a YoY improvement of 4.4%. The consolidated PAT of Rs. 4,476 million grew by 86.5% compared to Q2FY13 PAT of Rs. 2,400 million.
As competitive intensity declines and overcapacity phase comes to an inevitable end, visibility of spectrum quantum and pricing improves, Idea expects to further consolidate its position in the telecom voice and data market.
Notes:
Idea Standalone represents Idea, and its 100% subsidiaries. Effectively, this encompasses all operations, excluding the Joint Venture i.e. Indus.
1. Idea Consolidated represents Idea Standalone and proportionate consolidation of Indus (@16%).
2. Established Service Areas represent 15 service areas namely Maharashtra & Goa, Gujarat, Andhra Pradesh, Madhya Pradesh & Chhattisgarh, Delhi, Kerala, Haryana, Uttar Pradesh West & Uttaranchal, Uttar Pradesh East, Rajasthan, Himachal Pradesh, Punjab, Karnataka as well as Mumbai and Bihar service areas from Q1FY14 onwards. For FY13 Established Service Areas were 13, not including Mumbai and Bihar
3. New Service Areas represent 7 service areas of Orissa, Tamil Nadu, J&K, Kolkata, West Bengal, Assam and North East from Q1FY14 onwards. For FY13 New Service Areas were 9, including Mumbai and Bihar.
4. Cash Profit is calculated as summation of PAT, Depreciation & Amortisation, charge on account of ESOPs and Deferred tax, for the relevant period.
5.Figures for past periods have been regrouped, wherever necessary.
About Idea Cellular Ltd.
Idea Cellular is the third largest wireless operator in India with a Revenue Market Share of 16.2% (Q1FY14). Idea is listed on the National Stock Exchange (NSE), and the Bombay Stock Exchange (BSE) in India. Idea is part of the Aditya Birla Group, India's first truly multinational group. The group operates in 36 countries, is anchored by an extraordinary force of over 136,000 employees belonging to 42 nationalities, and derives over 50% of its revenues from operations outside India.
To view the Financial Results, please click on the link given below:
Financial Results
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Financial_Results(17).pdf
Financial_Results(17).pdf
CONTACT DETAILS
Janet Arole, Head - Corporate Communications, Apparel & Retail Business, The Aditya Birla Group, janet.arole@adityabirla.com
KEYWORDS
GENERAL, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, Financial Analyst, HEAVY INDUSTRIES, GROUPS, STOCK EXCHANGES, TELECOMMUNICATIONS, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Indian Sustainability Congress is Hosting ISC 2013 - - Strategic Sustainability Technology Congress
Press release from Business Wire India
Source: Indian Sustainability Congress -
Thursday, October 24, 2013 06:44 PM IST (01:14 PM GMT)
Editors: General: Economy, Environment, People, Social issues; Business: Advertising, PR & marketing, Business services, Energy companies, Media & entertainment; Technology
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Indian Sustainability Congress is Hosting ISC 2013 - - Strategic Sustainability Technology Congress
Bengaluru, Karnataka, India, Thursday, October 24, 2013 -- (Business Wire India) -- Indian Sustainability Congress - 2013 (ICS) is envisaged as an Annual event with facets of Thought Leadership, Recognition and Rewards for Achievers, Demonstration, Trade fair, Vendor Development, Collaboration and Networking opportunities.
Towards this, Indian Sustainability Partner intends to engage Ministry of Environment and Forest, Ministry of New and Renewable Energy, Government of Karnataka and Government of India. International Organizations, Research Institutions and Associations working towards growth of Sustainable Technologies and Products will be an integral part of the program. Various Indian and International Enterprises working in building the Sustainable Technologies and Products will exhibit and demonstrate their expertise in the area of sustainability.
ISC 2013 brings together over 500+ International and Indian organizations to discuss Sustainable strategies that determine the factors of climate change, environment, employment, infrastructure and many other components that determine the composition of ecology around the human habitat.
Dates & Venue: 4-5 December 2013, Vivanta by Taj, M G Road, Bangalore
SUSTAINABILITY & CSR ACHIEVER AWARDS 2013
Sustainability Achievers Awards are to Recognize and Reward People contributing towards building an Infrastructure for Sustainable Technologies & Products, Developing Sustainable Technologies, Developing and commercializing Sustainable Products, Contribution in Academic or Research towards Sustainability and contributing towards policy making and Public awareness on humane and sustainable technologies.
CSR Achiever Awards recognize and honor outstanding projects and initiatives by the organizations that act as change agents and address masses and impact the society.
Speakers, Advisory Board and Organizing Committee:
. Padmasri. Prof. R.M. Vasagam
Chairman - Advisory Committee, ISC-2013
Former Chairman - National Design & Research Forum
Former Vice Chancellor : Anna University, Chennai.
. Prof. E.S. Dwarakadasa
CEO & Managing Director, Karnataka Hybrid Micro Devices Pvt. Ltd, Bangalore.
. Dr. H Harish Hande Managing Director, SELCO-India.
. Sri. Prof. S.C. Bhattacharya, Ph.D.(Cambridge, UK)Board Member, World Bioenergy Initiative
President, International Energy Initiative Adjunct Professor
Associate Editor, Solar Energy
. Dr. K. Gopalakrishnan Former Chairman, IEIKSC,Bangalore.
. Sri. Jasmail Singh Convener, Environmental Engineering Division, IEI (India).
. Dr. H. Naganagouda Director, National Training Centre for Solar Technology - KREDL, Bangalore.
. Sri. D.V. Pichamuthu IEI-KSC Committee Member, Bangalore.
. Prof. (Dr.) M.R. Pranesh Former Professor, IIT-Chennai.
. Sri. G. Sreekanth Principal, S.J. Polytechnic,Bangalore. Member, Textile Engineering Division Board-IEI.
. Dr. K. Venkatesh COO & Chief Scientist Drone Aerospace Systems Private Limited.
. Sri. J.B. Ravishankar President, GRIPSINDIA, Bangalore.
. Dr. S.K. Prasad Distinguished Professor & Chief Mentor GITAM University Bangalore Campus.
. Dr. K. Venkata Subbaiah Professor, Department of Mechanical Engineering, Andhra University, Visakhapatnam.
. Sri. Srinivas Jamkhandi Deputy Secretary, GOI & Director, MSME Development Institute, Bangalore.
. Prof. Paul McManus Senior Lecturer, Strategy & Innovation Department, Boston University, Faculty Fellow & Member of the Advisory Board, Pardee Center for the Study of the Longer Range Future Executive Director, Social Enterprise & Sustainability Initiative
. Dr. M.P. Sukumaran Nair, Former Special Secretary, Government of Kerala, Cochin and Director, Centre for Green Technology & Management (CGTM), Cochin - Chairman Organizing Committee
. Dr. L.V. Muralikrishna Reddy, Director, NDRF and National Governing Council Member, Institute of Engineers of India - President Organizing Committee
. Dr. U. Chandrasekhar
Additional Director, Scientist 'G', Gas Turbine Research Establishment (GTRE)DRDO, Bangalore.
. Shri. O.P. Khanna
Former Managing Director, Schlaffhorst Engineering
Former GM/Chief Executive, Hindustan Motors Ltd. (Hosur Unit).
. Dr. Wooday. P.Krishna Chairman IEI-KSC, Bangalore.
. Sri. C.J. Jagadeesha Scientist RRSC, ISRO, Bangalore.
. Shri. Nanjunda Pratap Palecanda Managing Director Source Kapital and Organizing Secretary - Indian Sustainability Congress
. Sangram Nayaka, Founder & Director, Only4Cause and SDCRF
. Shri. Mohan Suresh
Hon. Consul for Rwanda in Bangalore and Chairman Technospark Industries
. Rajinikanth K, Tata Consultancy Services
. G. Sreekanth, Principal, S.J. Polytechnic, Bangalore. Member, Textile Engineering Division Board - IEI
. Sri. J.B. Ravishankar President, GRIPSINDIA, Bangalore
. Dr. K. Brahmaraju Professor, Dept. of Mech. Engineering, S.R.K.R. Engineering College, Bhimavaram
Content:
Panel discussions on;
. Sustainability for Future Generation
. Using sustainability to drive business innovation and growth
. Government Schemes and Opportunities for Sustainable Technology & Product Development
. Investment opportunities and challenges in Sustainable Technologies & Products
. Opportunities and challenges in Technology transfer and licensing
. Sustainable Technologies and Products last mile implementation
. CSR spend mandate for Public companies and limitations
Break-away Sessions on;
. Indian & International Ventures in Sustainable Technologies - Collaboration and exploring opportunity with Government Agencies
. CSR Mandate and exploring reliable Partnerships for CSR Initiatives
Call for Papers:
Papers are invited on all aspects of the thrust areas of the ISC 2013. Authors are requested to submit abstract(s) of about 300 words. Decision on suitability of the paper/s will be conveyed after scrutiny of the abstract. Authors will have to register as Delegates to present selected paper/s. All abstracts of papers will be published for distribution at the Conference. Authors can email the Abstract/Full Paper (papers@isustainability.in), on or before 31 October 2013 to
The Convener, Indian Sustainability Congress - 2013.
. Renewable Energy Systems & Energy Efficiency
. Cutting Edge Clean Technologies
. Sustainable Design and Productization
. Sustainable Innovative Technologies Products and
Systems
. Green IT and Information Systems
. Knowledge on Innovation and Sustainability
. Education for Sustainability
. Life Cycle Assessment
. Human Built Systems
. Social Responsibility Projects
. Community Development Initiatives
. Climate Change Programs
Take Away:
. Two Full days of Conference and discussions by Global Thought Leaders
. International Speakers and Subject matter Experts
. Opportunity to build Business and collaborate
. Opportunity to explore Associations, Affiliations, Partnerships and Funding
. View to Sustainable Technologies & Products
. Opportunity to Network
Who Must Attend?
CEOs, Presidents, Directors, Policy Makers, Investors / Fund Managers, Heads of Government Departments, Heads of Sustainability Development, Heads of CSR, Heads of Strategy and Planning, Chairpersons / Head of NGOs, Directors and Heads of Institutions and Research Centres, Heads of International Funding Agencies
Website: www.isustainability.in
CONTACT DETAILS
Indian Sustainability Congress 2013, 080-6568 1956, Sangram@isustainability.in
KEYWORDS
ECONOMY, ENVIRONMENT, PEOPLE, SOCIAL, MARKETING, BUSINESS SERVICES, ENERGY, MEDIA, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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Source: Indian Sustainability Congress -
Thursday, October 24, 2013 06:44 PM IST (01:14 PM GMT)
Editors: General: Economy, Environment, People, Social issues; Business: Advertising, PR & marketing, Business services, Energy companies, Media & entertainment; Technology
--------------------------------------------------
Indian Sustainability Congress is Hosting ISC 2013 - - Strategic Sustainability Technology Congress
Bengaluru, Karnataka, India, Thursday, October 24, 2013 -- (Business Wire India) -- Indian Sustainability Congress - 2013 (ICS) is envisaged as an Annual event with facets of Thought Leadership, Recognition and Rewards for Achievers, Demonstration, Trade fair, Vendor Development, Collaboration and Networking opportunities.
Towards this, Indian Sustainability Partner intends to engage Ministry of Environment and Forest, Ministry of New and Renewable Energy, Government of Karnataka and Government of India. International Organizations, Research Institutions and Associations working towards growth of Sustainable Technologies and Products will be an integral part of the program. Various Indian and International Enterprises working in building the Sustainable Technologies and Products will exhibit and demonstrate their expertise in the area of sustainability.
ISC 2013 brings together over 500+ International and Indian organizations to discuss Sustainable strategies that determine the factors of climate change, environment, employment, infrastructure and many other components that determine the composition of ecology around the human habitat.
Dates & Venue: 4-5 December 2013, Vivanta by Taj, M G Road, Bangalore
SUSTAINABILITY & CSR ACHIEVER AWARDS 2013
Sustainability Achievers Awards are to Recognize and Reward People contributing towards building an Infrastructure for Sustainable Technologies & Products, Developing Sustainable Technologies, Developing and commercializing Sustainable Products, Contribution in Academic or Research towards Sustainability and contributing towards policy making and Public awareness on humane and sustainable technologies.
CSR Achiever Awards recognize and honor outstanding projects and initiatives by the organizations that act as change agents and address masses and impact the society.
Speakers, Advisory Board and Organizing Committee:
. Padmasri. Prof. R.M. Vasagam
Chairman - Advisory Committee, ISC-2013
Former Chairman - National Design & Research Forum
Former Vice Chancellor : Anna University, Chennai.
. Prof. E.S. Dwarakadasa
CEO & Managing Director, Karnataka Hybrid Micro Devices Pvt. Ltd, Bangalore.
. Dr. H Harish Hande Managing Director, SELCO-India.
. Sri. Prof. S.C. Bhattacharya, Ph.D.(Cambridge, UK)Board Member, World Bioenergy Initiative
President, International Energy Initiative Adjunct Professor
Associate Editor, Solar Energy
. Dr. K. Gopalakrishnan Former Chairman, IEIKSC,Bangalore.
. Sri. Jasmail Singh Convener, Environmental Engineering Division, IEI (India).
. Dr. H. Naganagouda Director, National Training Centre for Solar Technology - KREDL, Bangalore.
. Sri. D.V. Pichamuthu IEI-KSC Committee Member, Bangalore.
. Prof. (Dr.) M.R. Pranesh Former Professor, IIT-Chennai.
. Sri. G. Sreekanth Principal, S.J. Polytechnic,Bangalore. Member, Textile Engineering Division Board-IEI.
. Dr. K. Venkatesh COO & Chief Scientist Drone Aerospace Systems Private Limited.
. Sri. J.B. Ravishankar President, GRIPSINDIA, Bangalore.
. Dr. S.K. Prasad Distinguished Professor & Chief Mentor GITAM University Bangalore Campus.
. Dr. K. Venkata Subbaiah Professor, Department of Mechanical Engineering, Andhra University, Visakhapatnam.
. Sri. Srinivas Jamkhandi Deputy Secretary, GOI & Director, MSME Development Institute, Bangalore.
. Prof. Paul McManus Senior Lecturer, Strategy & Innovation Department, Boston University, Faculty Fellow & Member of the Advisory Board, Pardee Center for the Study of the Longer Range Future Executive Director, Social Enterprise & Sustainability Initiative
. Dr. M.P. Sukumaran Nair, Former Special Secretary, Government of Kerala, Cochin and Director, Centre for Green Technology & Management (CGTM), Cochin - Chairman Organizing Committee
. Dr. L.V. Muralikrishna Reddy, Director, NDRF and National Governing Council Member, Institute of Engineers of India - President Organizing Committee
. Dr. U. Chandrasekhar
Additional Director, Scientist 'G', Gas Turbine Research Establishment (GTRE)DRDO, Bangalore.
. Shri. O.P. Khanna
Former Managing Director, Schlaffhorst Engineering
Former GM/Chief Executive, Hindustan Motors Ltd. (Hosur Unit).
. Dr. Wooday. P.Krishna Chairman IEI-KSC, Bangalore.
. Sri. C.J. Jagadeesha Scientist RRSC, ISRO, Bangalore.
. Shri. Nanjunda Pratap Palecanda Managing Director Source Kapital and Organizing Secretary - Indian Sustainability Congress
. Sangram Nayaka, Founder & Director, Only4Cause and SDCRF
. Shri. Mohan Suresh
Hon. Consul for Rwanda in Bangalore and Chairman Technospark Industries
. Rajinikanth K, Tata Consultancy Services
. G. Sreekanth, Principal, S.J. Polytechnic, Bangalore. Member, Textile Engineering Division Board - IEI
. Sri. J.B. Ravishankar President, GRIPSINDIA, Bangalore
. Dr. K. Brahmaraju Professor, Dept. of Mech. Engineering, S.R.K.R. Engineering College, Bhimavaram
Content:
Panel discussions on;
. Sustainability for Future Generation
. Using sustainability to drive business innovation and growth
. Government Schemes and Opportunities for Sustainable Technology & Product Development
. Investment opportunities and challenges in Sustainable Technologies & Products
. Opportunities and challenges in Technology transfer and licensing
. Sustainable Technologies and Products last mile implementation
. CSR spend mandate for Public companies and limitations
Break-away Sessions on;
. Indian & International Ventures in Sustainable Technologies - Collaboration and exploring opportunity with Government Agencies
. CSR Mandate and exploring reliable Partnerships for CSR Initiatives
Call for Papers:
Papers are invited on all aspects of the thrust areas of the ISC 2013. Authors are requested to submit abstract(s) of about 300 words. Decision on suitability of the paper/s will be conveyed after scrutiny of the abstract. Authors will have to register as Delegates to present selected paper/s. All abstracts of papers will be published for distribution at the Conference. Authors can email the Abstract/Full Paper (papers@isustainability.in), on or before 31 October 2013 to
The Convener, Indian Sustainability Congress - 2013.
. Renewable Energy Systems & Energy Efficiency
. Cutting Edge Clean Technologies
. Sustainable Design and Productization
. Sustainable Innovative Technologies Products and
Systems
. Green IT and Information Systems
. Knowledge on Innovation and Sustainability
. Education for Sustainability
. Life Cycle Assessment
. Human Built Systems
. Social Responsibility Projects
. Community Development Initiatives
. Climate Change Programs
Take Away:
. Two Full days of Conference and discussions by Global Thought Leaders
. International Speakers and Subject matter Experts
. Opportunity to build Business and collaborate
. Opportunity to explore Associations, Affiliations, Partnerships and Funding
. View to Sustainable Technologies & Products
. Opportunity to Network
Who Must Attend?
CEOs, Presidents, Directors, Policy Makers, Investors / Fund Managers, Heads of Government Departments, Heads of Sustainability Development, Heads of CSR, Heads of Strategy and Planning, Chairpersons / Head of NGOs, Directors and Heads of Institutions and Research Centres, Heads of International Funding Agencies
Website: www.isustainability.in
CONTACT DETAILS
Indian Sustainability Congress 2013, 080-6568 1956, Sangram@isustainability.in
KEYWORDS
ECONOMY, ENVIRONMENT, PEOPLE, SOCIAL, MARKETING, BUSINESS SERVICES, ENERGY, MEDIA, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Unichem Laboratories Receives ANDA Approval from USFDA for Amlodipine Besylate Tablets
Press release from Business Wire India
Source: Unichem Laboratories Ltd
Thursday, October 24, 2013 06:23 PM IST (12:53 PM GMT)
Editors: General: Consumer interest; Business: Healthcare, biotechnology & pharmaceutical, Heavy industries, Major diversified industrial groups; Technology; Healthcare
--------------------------------------------------
Unichem Laboratories Receives ANDA Approval from USFDA for Amlodipine Besylate Tablets
Mumbai, Maharashtra, India, Thursday, October 24, 2013 -- (Business Wire India) -- Unichem laboratories Limited are pleased to announce that it has received ANDA approval from the United States Food and Drug Administration (U.S. FDA) for Amlodipine Besylate Tablets.
Amlodipine Besylate Tablets USP 2.5mg, 5mg and 10mg are therapeutically equivalent to NORVASC® Tablets 2.5mg, 5mg and 10mg from Pfizer Inc.
Amlodipine Besylate Tablet USP is a calcium channel blocker indicated for the treatment of hypertension, to lower blood pressure. Lowering blood pressure reduces the risk of fatal and nonfatal cardiovascular events, primarily strokes and myocardial infarctions.
The product will be commercialized from Unichem's Goa plant. Active pharmaceutical ingredient i.e., Amlodipine Besylate used for this ANDA is also made in house at Roha plant.
Currently, there are 6-7 companies are dominating the US market. The current market size is around US$ 45~50 Million.
About Unichem Laboratories Limited
Unichem Laboratories Limited is an International, integrated, specialty pharmaceutical Company. It manufactures and markets a large basket of pharmaceutical formulations as branded generics as well as generics in India and several other markets across the world. In India, the Company is a leaded in niche areas of cardiology, neurology and other orthopadics and anti-infective. The Company has strong skills in product development, process chemistry and manufacturing of complex API as well as dosage forms.
More information about the Company can be found at www.unichemlabs.com
CONTACT DETAILS
M Gundu Rao, Unichem Laboratories Ltd, +91-22-66888 380, gundurao@unichemlabs.com
Rakesh Parikh, Unichem Laboratories Ltd, +91-22-66888 414, rparikh@unichemlabs.com
K Subharaman, Unichem Laboratories Ltd, +91-22-66888 404, subharamank@unichemlabs.com
Mr. Monish Shah, Unichem Laboratories Ltd, +91-22-66888 509, monish.shah@unichemlabs.com
KEYWORDS
CONSUMER, HEALTHCARE, HEAVY INDUSTRIES, GROUPS, TECHNOLOGY, HEALTHCARE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Unichem Laboratories Ltd
Thursday, October 24, 2013 06:23 PM IST (12:53 PM GMT)
Editors: General: Consumer interest; Business: Healthcare, biotechnology & pharmaceutical, Heavy industries, Major diversified industrial groups; Technology; Healthcare
--------------------------------------------------
Unichem Laboratories Receives ANDA Approval from USFDA for Amlodipine Besylate Tablets
Mumbai, Maharashtra, India, Thursday, October 24, 2013 -- (Business Wire India) -- Unichem laboratories Limited are pleased to announce that it has received ANDA approval from the United States Food and Drug Administration (U.S. FDA) for Amlodipine Besylate Tablets.
Amlodipine Besylate Tablets USP 2.5mg, 5mg and 10mg are therapeutically equivalent to NORVASC® Tablets 2.5mg, 5mg and 10mg from Pfizer Inc.
Amlodipine Besylate Tablet USP is a calcium channel blocker indicated for the treatment of hypertension, to lower blood pressure. Lowering blood pressure reduces the risk of fatal and nonfatal cardiovascular events, primarily strokes and myocardial infarctions.
The product will be commercialized from Unichem's Goa plant. Active pharmaceutical ingredient i.e., Amlodipine Besylate used for this ANDA is also made in house at Roha plant.
Currently, there are 6-7 companies are dominating the US market. The current market size is around US$ 45~50 Million.
About Unichem Laboratories Limited
Unichem Laboratories Limited is an International, integrated, specialty pharmaceutical Company. It manufactures and markets a large basket of pharmaceutical formulations as branded generics as well as generics in India and several other markets across the world. In India, the Company is a leaded in niche areas of cardiology, neurology and other orthopadics and anti-infective. The Company has strong skills in product development, process chemistry and manufacturing of complex API as well as dosage forms.
More information about the Company can be found at www.unichemlabs.com
CONTACT DETAILS
M Gundu Rao, Unichem Laboratories Ltd, +91-22-66888 380, gundurao@unichemlabs.com
Rakesh Parikh, Unichem Laboratories Ltd, +91-22-66888 414, rparikh@unichemlabs.com
K Subharaman, Unichem Laboratories Ltd, +91-22-66888 404, subharamank@unichemlabs.com
Mr. Monish Shah, Unichem Laboratories Ltd, +91-22-66888 509, monish.shah@unichemlabs.com
KEYWORDS
CONSUMER, HEALTHCARE, HEAVY INDUSTRIES, GROUPS, TECHNOLOGY, HEALTHCARE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: More MEGASTORE Announces Foray into Fashion Apparel and Footwear
Press release from Business Wire India
Source: more.MEGASTORE
Thursday, October 24, 2013 06:00 PM IST (12:30 PM GMT)
Editors: General: Consumer interest, Fashion, Lifestyle, People; Business: Advertising, PR & marketing, Business services, Clothing & accessories, Major diversified industrial groups, Retailers, Textiles
--------------------------------------------------
More MEGASTORE Announces Foray into Fashion Apparel and Footwear
Now experience a wide-range of product segments - food, fashion & lifestyle products, all under one roof!
Mumbai, Maharashtra, India, Thursday, October 24, 2013 -- (Business Wire India) -- More MEGASTORE is bustling with activity as the leading hypermarket of Aditya Birla Retail Limited launched nine in-house apparel and footwear brands. More hypermarket will now also cater to the fashion needs of men, women & kids. With this launch, More MEGASTORE is well-poised to be your 'one- stop' lifestyle destination.
The brand has forged ahead and is further strengthening its portfolio. On offer will be quality, value-priced merchandise including apparel and footwear products ranging across 9 unique exclusive brands for men, women and kids. More Megastore will continue to retail a wide variety of groceries and food products along with the new foray.
Speaking on the launch of the brands, Mr Russell Berman, CEO - Hypermarkets, Aditya Birla Retail Limited said, "We are excited to expand our footprint to apparel and footwear. The category is a fast growing segment and is a daily need for most consumers. Millions of customers shop at More Megastore making it one of the most preferred shopping destinations in India."
He further adds, "We wanted More Megastore to evolve and make it lot more relevant to a larger spectrum of consumers not just across the bigger towns but also to smaller cities like Vadodara, Indore, Mysore and more. By paying special attention to the need of new age customers, we have enhanced our offerings immensely."
Menswear - BlueEarth, Be Casuals & Kruff
BlueEarth - This collection offers you a wide range of exclusive apparel and accessories for every occasion such as formal, semi-formal and party wear.
Be Casuals - As the name suggests, the collection comprises of cool and comfortable casuals - with a versatile and urban feel. The brand offers you a unique line of hand feel shirts, comfortable tees, winter knits and chinos that will compliment your look on a weekend brunch or an outing with friends.
Kruff! - Relax, Fresh, Sportive, Innovative, cool are the inspiration for this collection. The collection comprises of knits, cargoes, shorts and denims.
Womenswear - Karinee & Bjoyzz
Karinee - The ethnic wear for women is designed keeping in mind the spirit of the Indian women who value aesthetics, ethnicity, purity, strength and beauty .You can choose from an extensive range of formal, semi -formal, casual and work wear kurtas that you can team up with churidars, patiyalas and a wide range of crushed and embellished dupattas.
Bjoyzz - Peppered with contemporary designs and colourful prints, this collection is sure to give you that ideal blend of a cool, chic and a trendy look. The collection juxtaposes spectacular designs and splendid textures to provide the young urban women with a contemporary sense of style. You can choose from the range of T-shirts, blouses, trousers, denims & winter wear.
Kidswear - Chatter Kids and Yo
Chatter Kids - This collection is for the 02-12 year old next generation kids who are naughty and cool. If you want your kids to look adorable and chirpy in outfits that are creative, yet affordable; this collection is for you.
Yo - This collection is aimed at 12-16 year kids to give them fun, cool, smart and stylish outfits at affordable prices and a chance to express their personality. If your tween is too grown up for the kid's section and too young for youthwear, Yo is the perfect collection for you.
Footwear - Berwins and Inchheels
Berwins is a footwear brand for men who want to walk the talk with sophisticated and comfortable designs for work and leisure. Inchheels offers women to strut her style in stilettos, wedges, ballerinas or flats.
The exclusive fashion brands will be available at all More.MEGASTORE outlets across the country.
About More. MEGASTORE:
more.MEGASTORE - is a one-stop shopping destination for the entire family. Besides a large range of products across fruits & vegetables, groceries, FMCG products, more.MEGASTORE also has a strong emphasis on general merchandise, apparels & CDIT.
Currently, fifteen hypermarkets operate under the brand more.MEGASTORE in Mysore, Vadodara, Indore, Mahadevpura, Old Madras Road, Marathalli, Bull Temple Road & 4th Block Jayangar in Bengaluru, Thane, Saroor Nagar, Kukatpally & Banjara Hills in Hyderabad, Rohini & Kirti Nagar in New Delhi & Nashik.
To view the photograph, please click on the link given below:
9 NEW FASHION BRANDS: to satisfy your shopping needs!
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/2(86).jpg
9 NEW FASHION BRANDS: to satisfy your shopping needs!
CONTACT DETAILS
Janet Arole, Head - Corporate Communications, Apparel & Retail Business, The Aditya Birla Group, janet.arole@adityabirla.com
KEYWORDS
CONSUMER, FASHION, LIFESTYLE, PEOPLE, MARKETING, BUSINESS SERVICES, CLOTHING, GROUPS, RETAIL, TEXTILES
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: more.MEGASTORE
Thursday, October 24, 2013 06:00 PM IST (12:30 PM GMT)
Editors: General: Consumer interest, Fashion, Lifestyle, People; Business: Advertising, PR & marketing, Business services, Clothing & accessories, Major diversified industrial groups, Retailers, Textiles
--------------------------------------------------
More MEGASTORE Announces Foray into Fashion Apparel and Footwear
Now experience a wide-range of product segments - food, fashion & lifestyle products, all under one roof!
Mumbai, Maharashtra, India, Thursday, October 24, 2013 -- (Business Wire India) -- More MEGASTORE is bustling with activity as the leading hypermarket of Aditya Birla Retail Limited launched nine in-house apparel and footwear brands. More hypermarket will now also cater to the fashion needs of men, women & kids. With this launch, More MEGASTORE is well-poised to be your 'one- stop' lifestyle destination.
The brand has forged ahead and is further strengthening its portfolio. On offer will be quality, value-priced merchandise including apparel and footwear products ranging across 9 unique exclusive brands for men, women and kids. More Megastore will continue to retail a wide variety of groceries and food products along with the new foray.
Speaking on the launch of the brands, Mr Russell Berman, CEO - Hypermarkets, Aditya Birla Retail Limited said, "We are excited to expand our footprint to apparel and footwear. The category is a fast growing segment and is a daily need for most consumers. Millions of customers shop at More Megastore making it one of the most preferred shopping destinations in India."
He further adds, "We wanted More Megastore to evolve and make it lot more relevant to a larger spectrum of consumers not just across the bigger towns but also to smaller cities like Vadodara, Indore, Mysore and more. By paying special attention to the need of new age customers, we have enhanced our offerings immensely."
Menswear - BlueEarth, Be Casuals & Kruff
BlueEarth - This collection offers you a wide range of exclusive apparel and accessories for every occasion such as formal, semi-formal and party wear.
Be Casuals - As the name suggests, the collection comprises of cool and comfortable casuals - with a versatile and urban feel. The brand offers you a unique line of hand feel shirts, comfortable tees, winter knits and chinos that will compliment your look on a weekend brunch or an outing with friends.
Kruff! - Relax, Fresh, Sportive, Innovative, cool are the inspiration for this collection. The collection comprises of knits, cargoes, shorts and denims.
Womenswear - Karinee & Bjoyzz
Karinee - The ethnic wear for women is designed keeping in mind the spirit of the Indian women who value aesthetics, ethnicity, purity, strength and beauty .You can choose from an extensive range of formal, semi -formal, casual and work wear kurtas that you can team up with churidars, patiyalas and a wide range of crushed and embellished dupattas.
Bjoyzz - Peppered with contemporary designs and colourful prints, this collection is sure to give you that ideal blend of a cool, chic and a trendy look. The collection juxtaposes spectacular designs and splendid textures to provide the young urban women with a contemporary sense of style. You can choose from the range of T-shirts, blouses, trousers, denims & winter wear.
Kidswear - Chatter Kids and Yo
Chatter Kids - This collection is for the 02-12 year old next generation kids who are naughty and cool. If you want your kids to look adorable and chirpy in outfits that are creative, yet affordable; this collection is for you.
Yo - This collection is aimed at 12-16 year kids to give them fun, cool, smart and stylish outfits at affordable prices and a chance to express their personality. If your tween is too grown up for the kid's section and too young for youthwear, Yo is the perfect collection for you.
Footwear - Berwins and Inchheels
Berwins is a footwear brand for men who want to walk the talk with sophisticated and comfortable designs for work and leisure. Inchheels offers women to strut her style in stilettos, wedges, ballerinas or flats.
The exclusive fashion brands will be available at all More.MEGASTORE outlets across the country.
About More. MEGASTORE:
more.MEGASTORE - is a one-stop shopping destination for the entire family. Besides a large range of products across fruits & vegetables, groceries, FMCG products, more.MEGASTORE also has a strong emphasis on general merchandise, apparels & CDIT.
Currently, fifteen hypermarkets operate under the brand more.MEGASTORE in Mysore, Vadodara, Indore, Mahadevpura, Old Madras Road, Marathalli, Bull Temple Road & 4th Block Jayangar in Bengaluru, Thane, Saroor Nagar, Kukatpally & Banjara Hills in Hyderabad, Rohini & Kirti Nagar in New Delhi & Nashik.
To view the photograph, please click on the link given below:
9 NEW FASHION BRANDS: to satisfy your shopping needs!
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/2(86).jpg
9 NEW FASHION BRANDS: to satisfy your shopping needs!
CONTACT DETAILS
Janet Arole, Head - Corporate Communications, Apparel & Retail Business, The Aditya Birla Group, janet.arole@adityabirla.com
KEYWORDS
CONSUMER, FASHION, LIFESTYLE, PEOPLE, MARKETING, BUSINESS SERVICES, CLOTHING, GROUPS, RETAIL, TEXTILES
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Largest Origami Mosaic – To Attempt Guinness World Record in Mumbai by KYC
Press release from Business Wire India
Source: Kapol Young Couple
Thursday, October 24, 2013 05:20 PM IST (11:50 AM GMT)
Editors: General: Arts & culture, Consumer interest, Entertainment, People, Social issues; Business: Advertising, PR & marketing, Business services, Major diversified industrial groups, Media & entertainment
--------------------------------------------------
Largest Origami Mosaic - To Attempt Guinness World Record in Mumbai by KYC
Mumbai, Maharashtra, India, Thursday, October 24, 2013 -- (Business Wire India) -- Kapol Young Couple (KYC) has organized biggest event to attempt Guinness World Record for 'Largest Origami Mosaic' (made from individual Origami pieces). The event will take place at Raghuleela Mall, Kandivali - Mumbai during 10th to 12th November 2013.
Origami is the traditional Japanese Art of paper folding which started in the 17th century AD. Origami is defined as folded paper creating a representation of object without use of glue or scissor.
The goal was set by KYC for the world record attempt in 'Largest Origami Mosaic' category under which the earlier record was established in Greece on 31st May 2012 of @ 403 sq. mtr. (@ 4337 sq. ft). KYC decided to break this record with member's participants, especially women.
The size of each origami piece is 143 mm Width X 120 mm Breadth X 114mm Height (5.63" W X 4.75" B X 4.49" H). These pieces will be joined with Links all over to become the largest Origami Mosaic of 6433 sq. ft. in size using @ 32125 pieces to establish new World Record. The Mosaic would be based on the theme of our National Integrity by uniting all States together under the Blues & the Indian National Flag on centre of the Mosaic, a symbol of enhancement of the nation's pride. The concept of the National unity was mooted by President Couple Mr. Ashok Gandhi & Mrs. Harshada Gandhi. This Origami process has been taking place under the guidance of Origami Handicraft experts Bharti Sanghavi, Prachi Sanghavi and Hetal Doshi.
Entry to the event at Raghuleela Mall for VVIP, invitees, & KYC Members will be on Sunday, 10th November 2013 from 4 pm onwards. The event will be open for public from 10.30 am to 10.30 pm on 11th November 2013 & on 12th November 2013 the timing will be from 10.30 am to 6.00 pm, to attract artists, school, college students, etc. The expected visitors will be crossing 50000 to this event.
This event is supported by Mr. Harresh N. Mehta and Mr. Haresh M. Mehta of Rohan Landscape, Haredia Hotel & Sagar Decorators Pvt. Ltd. with best wishes from Raghuleela Mall.
The team of Witness/Judges comprises of:
-- The professional auditor: M/s Ernst & Young LLP India
-- Legal Advisor: Mr. Yedunath Chaudhari of Mumbai High Court & Supreme Court
-- Professional surveyor: M/s B.Y. Chaudhari & Co.
-- Steward to the event: Miss Krupali J. Lakhani
-- On this occasion Mr. Nirmal Deshmukh, CEO of Slum Rehabilitation Authority of Mumbai, Maharashtra and Mr. Sunil Paraskar, Addl. Commissioner of Police will supervise with their team & grace the occasion
About Kapol Young Couple (KYC)
Kapol Young Couple (KYC) was formed in 1986 with a view to provide a social platform to bring all the Kapol Community together to share their views, opinions, talent, matrimonial etc. Presently, it has a membership of 500 young couples. KYC is creatively making events that are based on the theme, ART-ARTIST-ARTISAN for this year 2013-14 & the slogan of the KYC is FUN, FRIENDSHIP & FELLOWSHIP with social cause in center.
To view the photograph, please click on the link given below:
Kapol Young Couple (KYC) will attempt for Guinness World Record In the category of making "Largest Origami Mosaic" At Raghuleela Mall, Kandivali during 10th to 12th November 2013. The present record of Greece will be attempted to be Broken by KYC Team of India. A press conference was held in Mumbai on Oct. 24, 2013 by KYC for briefing on above event with live display of "Origami Mosaic" depicting Indian National Flag symbolizing nation's unity & pride. Mr. Ashok Gandhi, President of Kapol Young Couple (KYC) is seen during the press conference with other members of KYC Team.
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/1(294).JPG
Kapol Young Couple (KYC) will attempt for Guinness World Record In the category of making "Largest Origami Mosaic"
CONTACT DETAILS
Nirmal Phophalia, +91 9870003933, newsmenpr@gmail.com
KEYWORDS
ARTS, CONSUMER, ENTERTAINMENT, PEOPLE, SOCIAL, MARKETING, BUSINESS SERVICES, GROUPS, MEDIA
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Kapol Young Couple
Thursday, October 24, 2013 05:20 PM IST (11:50 AM GMT)
Editors: General: Arts & culture, Consumer interest, Entertainment, People, Social issues; Business: Advertising, PR & marketing, Business services, Major diversified industrial groups, Media & entertainment
--------------------------------------------------
Largest Origami Mosaic - To Attempt Guinness World Record in Mumbai by KYC
Mumbai, Maharashtra, India, Thursday, October 24, 2013 -- (Business Wire India) -- Kapol Young Couple (KYC) has organized biggest event to attempt Guinness World Record for 'Largest Origami Mosaic' (made from individual Origami pieces). The event will take place at Raghuleela Mall, Kandivali - Mumbai during 10th to 12th November 2013.
Origami is the traditional Japanese Art of paper folding which started in the 17th century AD. Origami is defined as folded paper creating a representation of object without use of glue or scissor.
The goal was set by KYC for the world record attempt in 'Largest Origami Mosaic' category under which the earlier record was established in Greece on 31st May 2012 of @ 403 sq. mtr. (@ 4337 sq. ft). KYC decided to break this record with member's participants, especially women.
The size of each origami piece is 143 mm Width X 120 mm Breadth X 114mm Height (5.63" W X 4.75" B X 4.49" H). These pieces will be joined with Links all over to become the largest Origami Mosaic of 6433 sq. ft. in size using @ 32125 pieces to establish new World Record. The Mosaic would be based on the theme of our National Integrity by uniting all States together under the Blues & the Indian National Flag on centre of the Mosaic, a symbol of enhancement of the nation's pride. The concept of the National unity was mooted by President Couple Mr. Ashok Gandhi & Mrs. Harshada Gandhi. This Origami process has been taking place under the guidance of Origami Handicraft experts Bharti Sanghavi, Prachi Sanghavi and Hetal Doshi.
Entry to the event at Raghuleela Mall for VVIP, invitees, & KYC Members will be on Sunday, 10th November 2013 from 4 pm onwards. The event will be open for public from 10.30 am to 10.30 pm on 11th November 2013 & on 12th November 2013 the timing will be from 10.30 am to 6.00 pm, to attract artists, school, college students, etc. The expected visitors will be crossing 50000 to this event.
This event is supported by Mr. Harresh N. Mehta and Mr. Haresh M. Mehta of Rohan Landscape, Haredia Hotel & Sagar Decorators Pvt. Ltd. with best wishes from Raghuleela Mall.
The team of Witness/Judges comprises of:
-- The professional auditor: M/s Ernst & Young LLP India
-- Legal Advisor: Mr. Yedunath Chaudhari of Mumbai High Court & Supreme Court
-- Professional surveyor: M/s B.Y. Chaudhari & Co.
-- Steward to the event: Miss Krupali J. Lakhani
-- On this occasion Mr. Nirmal Deshmukh, CEO of Slum Rehabilitation Authority of Mumbai, Maharashtra and Mr. Sunil Paraskar, Addl. Commissioner of Police will supervise with their team & grace the occasion
About Kapol Young Couple (KYC)
Kapol Young Couple (KYC) was formed in 1986 with a view to provide a social platform to bring all the Kapol Community together to share their views, opinions, talent, matrimonial etc. Presently, it has a membership of 500 young couples. KYC is creatively making events that are based on the theme, ART-ARTIST-ARTISAN for this year 2013-14 & the slogan of the KYC is FUN, FRIENDSHIP & FELLOWSHIP with social cause in center.
To view the photograph, please click on the link given below:
Kapol Young Couple (KYC) will attempt for Guinness World Record In the category of making "Largest Origami Mosaic" At Raghuleela Mall, Kandivali during 10th to 12th November 2013. The present record of Greece will be attempted to be Broken by KYC Team of India. A press conference was held in Mumbai on Oct. 24, 2013 by KYC for briefing on above event with live display of "Origami Mosaic" depicting Indian National Flag symbolizing nation's unity & pride. Mr. Ashok Gandhi, President of Kapol Young Couple (KYC) is seen during the press conference with other members of KYC Team.
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/1(294).JPG
Kapol Young Couple (KYC) will attempt for Guinness World Record In the category of making "Largest Origami Mosaic"
CONTACT DETAILS
Nirmal Phophalia, +91 9870003933, newsmenpr@gmail.com
KEYWORDS
ARTS, CONSUMER, ENTERTAINMENT, PEOPLE, SOCIAL, MARKETING, BUSINESS SERVICES, GROUPS, MEDIA
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BWI: The Power of Product Experiments – Lessons from a Celebrated Entrepreneur
Press release from Business Wire India
Source: Intuit Inc.
Thursday, October 24, 2013 02:45 PM IST (09:15 AM GMT)
Editors: General: People; Business: Accounting & management consultancy services, Banking & financial services, Business services, Electronic appliances & components, Financial Analyst, Information technology, Major diversified industrial groups; Technology
--------------------------------------------------
The Power of Product Experiments - Lessons from a Celebrated Entrepreneur
Intuit Inc.'s Scott Cook Tells Entrepreneurs Failure can Lead to Innovative Success
Bangalore, Karnataka, India, Thursday, October 24, 2013 -- (Business Wire India) -- Scott Cook, founder and chairman, Intuit Inc. (Nasdaq: INTU), said the power of product experiments drives the development of innovative products and game-changing innovation and helps instil a start-up mindset at his 30-year-old company.
During an experiential learning session held at Intuit's India Development Center in Bangalore, Scott shared insights gleaned from his years of experience building Intuit from humble beginnings into a multibillion-dollar global enterprise. His audience included over 100 entrepreneurs from across the region.
Scott highlighted several examples of failed experiments, explaining that the knowledge gained from these efforts eventually helped develop a range of highly successful products that have significantly improved people's lives. He urged attendees to view failures as steps to building what could result in revolutionary products.
Noting that experimentation was the single biggest factor that can contribute to innovation across the board, Scott said: "More experiments lead to a better chance to learn through multiple trials and upgrades. Intuit believes in the Lean Startup model that teaches you to gauge the feasibility of your product in the initial stages of development through feedback sessions with customers. It is all about going to the market with a minimum viable product and making improvements based on feedback."
The audience included product teams and entrepreneurial thinkers from several organizations including Harman International, Babajob.com, Zinnov, CopperSpiral and Greenact Innovations.
Vijay Anand, Vice President of the Intuit India Development Center, said: "For years now, Intuit in India has displayed a firm commitment to nurturing the start-up ecosystem locally. We are keen that entrepreneurs gain from our knowledge and experience and are willing to partner with them to bring innovation into every product idea they may have. "
The interactive session provided an opportunity for attendees to connect with like-minded peers and share learnings from their experiments.
About Intuit India
Intuit is a leading provider of business and financial management solutions for small and mid-sized businesses in the country. Intuit India, the company's first venture in Asia Pacific, commenced operations in 2005 and currently has more than 700 employees across offices in Bangalore, Mumbai and New Delhi. Intuit stands on the core principles of customer-driven innovation and improving the financial lives of its customers profoundly with product offerings such as QuickBooks Online in India. Intuit has been recognized as the 9th best company for Rewards and Recognition, 6th Best Employer in India, Top 10 Best Places to Work for in India by Great Places to Work Institute. For more information, please visit www.intuit.in.
About Intuit Inc.
Intuit Inc. creates business and financial management solutions that simplify the business of life for small businesses, consumers and accounting professionals. Its flagship products and services include QuickBooks®, Quicken® and TurboTax®, which make it easier to manage small businesses and payroll processing, personal finance, and tax preparation and filing. Mint.com provides a fresh, easy and intelligent way for people to manage their money, while Demandforce® offers marketing and communication tools for small businesses. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants. Founded in 1983, Intuit had revenue of $4.2 billion in its fiscal year 2013. 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
Shweta Angara, The PRactice, +91 9379458123, shweta.a@the-practice.net
KEYWORDS
PEOPLE, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, ELECTRONICS, Financial Analyst, IT, GROUPS, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Intuit Inc.
Thursday, October 24, 2013 02:45 PM IST (09:15 AM GMT)
Editors: General: People; Business: Accounting & management consultancy services, Banking & financial services, Business services, Electronic appliances & components, Financial Analyst, Information technology, Major diversified industrial groups; Technology
--------------------------------------------------
The Power of Product Experiments - Lessons from a Celebrated Entrepreneur
Intuit Inc.'s Scott Cook Tells Entrepreneurs Failure can Lead to Innovative Success
Bangalore, Karnataka, India, Thursday, October 24, 2013 -- (Business Wire India) -- Scott Cook, founder and chairman, Intuit Inc. (Nasdaq: INTU), said the power of product experiments drives the development of innovative products and game-changing innovation and helps instil a start-up mindset at his 30-year-old company.
During an experiential learning session held at Intuit's India Development Center in Bangalore, Scott shared insights gleaned from his years of experience building Intuit from humble beginnings into a multibillion-dollar global enterprise. His audience included over 100 entrepreneurs from across the region.
Scott highlighted several examples of failed experiments, explaining that the knowledge gained from these efforts eventually helped develop a range of highly successful products that have significantly improved people's lives. He urged attendees to view failures as steps to building what could result in revolutionary products.
Noting that experimentation was the single biggest factor that can contribute to innovation across the board, Scott said: "More experiments lead to a better chance to learn through multiple trials and upgrades. Intuit believes in the Lean Startup model that teaches you to gauge the feasibility of your product in the initial stages of development through feedback sessions with customers. It is all about going to the market with a minimum viable product and making improvements based on feedback."
The audience included product teams and entrepreneurial thinkers from several organizations including Harman International, Babajob.com, Zinnov, CopperSpiral and Greenact Innovations.
Vijay Anand, Vice President of the Intuit India Development Center, said: "For years now, Intuit in India has displayed a firm commitment to nurturing the start-up ecosystem locally. We are keen that entrepreneurs gain from our knowledge and experience and are willing to partner with them to bring innovation into every product idea they may have. "
The interactive session provided an opportunity for attendees to connect with like-minded peers and share learnings from their experiments.
About Intuit India
Intuit is a leading provider of business and financial management solutions for small and mid-sized businesses in the country. Intuit India, the company's first venture in Asia Pacific, commenced operations in 2005 and currently has more than 700 employees across offices in Bangalore, Mumbai and New Delhi. Intuit stands on the core principles of customer-driven innovation and improving the financial lives of its customers profoundly with product offerings such as QuickBooks Online in India. Intuit has been recognized as the 9th best company for Rewards and Recognition, 6th Best Employer in India, Top 10 Best Places to Work for in India by Great Places to Work Institute. For more information, please visit www.intuit.in.
About Intuit Inc.
Intuit Inc. creates business and financial management solutions that simplify the business of life for small businesses, consumers and accounting professionals. Its flagship products and services include QuickBooks®, Quicken® and TurboTax®, which make it easier to manage small businesses and payroll processing, personal finance, and tax preparation and filing. Mint.com provides a fresh, easy and intelligent way for people to manage their money, while Demandforce® offers marketing and communication tools for small businesses. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants. Founded in 1983, Intuit had revenue of $4.2 billion in its fiscal year 2013. 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
Shweta Angara, The PRactice, +91 9379458123, shweta.a@the-practice.net
KEYWORDS
PEOPLE, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, ELECTRONICS, Financial Analyst, IT, GROUPS, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Dell Completes End to End Data Center R&D Footprint in India with the Launch of Storage Design Center
Press release from Business Wire India
Source: Dell India
Thursday, October 24, 2013 03:00 PM IST (09:30 AM GMT)
Editors: General: People; Business: Business services, Electronic appliances & components, Information technology, Media & entertainment; Technology
--------------------------------------------------
Dell Completes End to End Data Center R&D Footprint in India with the Launch of Storage Design Center
Bangalore, Karnataka, India, Thursday, October 24, 2013 -- (Business Wire India) -- -- Dell ramps up a new Storage Design Center in Bangalore
-- Facility will focus on management software, support tools, integration, validation and sustaining activities for the Dell Storage portfolio
-- Complements existing Dell India server and networking research and development centers
Dell, a leading end-to-end technology solutions provider, today announced the launch of its Dell Storage Design Center in India. The sixth of its kind across the globe, the Bangalore Center will strengthen the coordinated development of Dell's servers, storage and networking in alignment with the company's focus on IT convergence solutions and its broader enterprise business portfolio.
Dell plans to ramp up operations with its state-of-the-art engineering lab by adding storage architects, design engineers, software developers and engineering managers focused on enterprise storage technologies and data center integration.
Dell's storage design centers in Austin, Texas; Eden Prairie, Minn.; Nashua, N.H.; San Jose, Calif., Tel Aviv, Israel and now Bangalore will collaborate to create next- generation storage technologies and data center integration while adding to Dell's strengths in storage automation, flash technology, virtualization and ease of use. As an additional design center, the Bangalore Storage Design facility will focus on a variety of key development areas including management software, support tools, integration, validation and sustaining activities for the Dell Storage portfolio.
Enterprise customers are driving new requirements in storage, and Dell is at the forefront of a new storage landscape. With solutions in Cloud, Flash, Big Data, Convergence, BYOD, Software Defined Infrastructure and VDI, Dell offers customers an optimized enterprise with breakthrough performance and efficiency. Storage plays a critical role in Dell's end-to-end solutions portfolio with an award-winning product line.
Dell has been investing significantly to develop India as one of its key global research and development (R&D) centers. In 2010, it acquired Force10 Networks and began to develop India as a Dell Networking R&D hub and global Center of Excellence. Similarly, the Dell Server R&D Center in Bangalore has been contributing to Dell's server innovations since 2001, playing a key role in several of Dell's market successes like the 12G server product line. The Storage Design Center completes the circle of Dell India's R&D capabilities and will work in conjunction with Networking and Server Development Centers to cater to both local and global markets.
Dell's Storage
Dell takes an end-to-end approach to developing its storage products and solutions, providing unified capabilities within storage and with its server and networking portfolio. Dell provides customers with solutions that help manage the growing complexity of information technology and the rapid explosion in data and simplifies storage technologies to make them more accessible to companies of all sizes.
Dell has focused on redefining the economics of the data center, recently releasing new storage solutions that offer enterprise all-flash storage for the comparable price of traditional disk solutions. A recent survey of more than 550 global IT leaders, from of ITIC/Storage Strategies NOW, showed that Dell is the No. 1 vendor of choice among organizations currently using or having definitive plans to deploy flash technology.
Dell also has been recognized as the iSCSI storage market leader for the third consecutive year per the IT Brand Pulse survey 2013. The independent survey, based on customer feedback, states that Dell has emerged a leader having done a better job of educating the market about the benefits of iSCSI storage than any other company. Currently, Dell is leading the introduction of enterprise-class 10GbE-based iSCSI storage into larger and larger data centers resulting in IT professionals selecting Dell as the iSCSI Storage Market Leader for the third straight year of this survey.
Quotes
"India is playing a strategic role in building Dell's global R&D capabilities, and we see tremendous opportunity for Dell's storage business with the launch of this new design center. The demand for efficient storage products is said to be growing by more than 30 percent annually, and we are receiving more requests for customized products and solutions that address specific datacenter challenges. With this in mind, we have extended our Dell Storage design capabilities to India, so we can leverage talent and other resources here to develop new storage innovations that will continue to keep Dell top of mind for a wide range of storage and data center customers." Alan Atkinson, vice president and co-general manager, Dell Storage
"The Dell Storage portfolio already is playing a crucial role in how customers manage their new virtualized environments, exponential data growth and resulting application workload challenges. Dell's R&D centers across the globe play a key role in enhancing the value that our storage solutions bring to our customers. The Bangalore center will team with existing server and networking R&D centers to drive innovation and breakthrough technologies across our broad data center portfolio for our global customers." Pete Korce, vice president and co-general manager, Dell Storage
"India centers are critical for innovation and product engineering for Dell. Bangalore is the city of choice for Dell's storage design center for its talent ecosystem to cater to the R&D of software products. Talent acquisition and building the storage engineering capability will be a priority over the next twelve months. The commencement of storage design center opens the new chapter for Dell's R&D in India to collaboratively innovate and deliver end-to-end enterprise solutions." Rudramuni B, executive director and head at Dell India R&D
About Dell
Dell Inc. (NASDAQ: DELL) listens to customers and delivers innovative technology and services that give them the power to do more. For more information, visit www.dell.co.in.
CONTACT DETAILS
Mahesh Jayaram, Dell, +91 9845120820, mahesh_Jayaram@Dell.com
Archana Mohan, Dell, +91 9810383663, Archana_mohan@dell.com
Archana Hindocha, 20:20 MSL, +91 9900108969, Archana.hindocha@2020msl.com
KEYWORDS
PEOPLE, BUSINESS SERVICES, ELECTRONICS, IT, MEDIA, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Dell India
Thursday, October 24, 2013 03:00 PM IST (09:30 AM GMT)
Editors: General: People; Business: Business services, Electronic appliances & components, Information technology, Media & entertainment; Technology
--------------------------------------------------
Dell Completes End to End Data Center R&D Footprint in India with the Launch of Storage Design Center
Bangalore, Karnataka, India, Thursday, October 24, 2013 -- (Business Wire India) -- -- Dell ramps up a new Storage Design Center in Bangalore
-- Facility will focus on management software, support tools, integration, validation and sustaining activities for the Dell Storage portfolio
-- Complements existing Dell India server and networking research and development centers
Dell, a leading end-to-end technology solutions provider, today announced the launch of its Dell Storage Design Center in India. The sixth of its kind across the globe, the Bangalore Center will strengthen the coordinated development of Dell's servers, storage and networking in alignment with the company's focus on IT convergence solutions and its broader enterprise business portfolio.
Dell plans to ramp up operations with its state-of-the-art engineering lab by adding storage architects, design engineers, software developers and engineering managers focused on enterprise storage technologies and data center integration.
Dell's storage design centers in Austin, Texas; Eden Prairie, Minn.; Nashua, N.H.; San Jose, Calif., Tel Aviv, Israel and now Bangalore will collaborate to create next- generation storage technologies and data center integration while adding to Dell's strengths in storage automation, flash technology, virtualization and ease of use. As an additional design center, the Bangalore Storage Design facility will focus on a variety of key development areas including management software, support tools, integration, validation and sustaining activities for the Dell Storage portfolio.
Enterprise customers are driving new requirements in storage, and Dell is at the forefront of a new storage landscape. With solutions in Cloud, Flash, Big Data, Convergence, BYOD, Software Defined Infrastructure and VDI, Dell offers customers an optimized enterprise with breakthrough performance and efficiency. Storage plays a critical role in Dell's end-to-end solutions portfolio with an award-winning product line.
Dell has been investing significantly to develop India as one of its key global research and development (R&D) centers. In 2010, it acquired Force10 Networks and began to develop India as a Dell Networking R&D hub and global Center of Excellence. Similarly, the Dell Server R&D Center in Bangalore has been contributing to Dell's server innovations since 2001, playing a key role in several of Dell's market successes like the 12G server product line. The Storage Design Center completes the circle of Dell India's R&D capabilities and will work in conjunction with Networking and Server Development Centers to cater to both local and global markets.
Dell's Storage
Dell takes an end-to-end approach to developing its storage products and solutions, providing unified capabilities within storage and with its server and networking portfolio. Dell provides customers with solutions that help manage the growing complexity of information technology and the rapid explosion in data and simplifies storage technologies to make them more accessible to companies of all sizes.
Dell has focused on redefining the economics of the data center, recently releasing new storage solutions that offer enterprise all-flash storage for the comparable price of traditional disk solutions. A recent survey of more than 550 global IT leaders, from of ITIC/Storage Strategies NOW, showed that Dell is the No. 1 vendor of choice among organizations currently using or having definitive plans to deploy flash technology.
Dell also has been recognized as the iSCSI storage market leader for the third consecutive year per the IT Brand Pulse survey 2013. The independent survey, based on customer feedback, states that Dell has emerged a leader having done a better job of educating the market about the benefits of iSCSI storage than any other company. Currently, Dell is leading the introduction of enterprise-class 10GbE-based iSCSI storage into larger and larger data centers resulting in IT professionals selecting Dell as the iSCSI Storage Market Leader for the third straight year of this survey.
Quotes
"India is playing a strategic role in building Dell's global R&D capabilities, and we see tremendous opportunity for Dell's storage business with the launch of this new design center. The demand for efficient storage products is said to be growing by more than 30 percent annually, and we are receiving more requests for customized products and solutions that address specific datacenter challenges. With this in mind, we have extended our Dell Storage design capabilities to India, so we can leverage talent and other resources here to develop new storage innovations that will continue to keep Dell top of mind for a wide range of storage and data center customers." Alan Atkinson, vice president and co-general manager, Dell Storage
"The Dell Storage portfolio already is playing a crucial role in how customers manage their new virtualized environments, exponential data growth and resulting application workload challenges. Dell's R&D centers across the globe play a key role in enhancing the value that our storage solutions bring to our customers. The Bangalore center will team with existing server and networking R&D centers to drive innovation and breakthrough technologies across our broad data center portfolio for our global customers." Pete Korce, vice president and co-general manager, Dell Storage
"India centers are critical for innovation and product engineering for Dell. Bangalore is the city of choice for Dell's storage design center for its talent ecosystem to cater to the R&D of software products. Talent acquisition and building the storage engineering capability will be a priority over the next twelve months. The commencement of storage design center opens the new chapter for Dell's R&D in India to collaboratively innovate and deliver end-to-end enterprise solutions." Rudramuni B, executive director and head at Dell India R&D
About Dell
Dell Inc. (NASDAQ: DELL) listens to customers and delivers innovative technology and services that give them the power to do more. For more information, visit www.dell.co.in.
CONTACT DETAILS
Mahesh Jayaram, Dell, +91 9845120820, mahesh_Jayaram@Dell.com
Archana Mohan, Dell, +91 9810383663, Archana_mohan@dell.com
Archana Hindocha, 20:20 MSL, +91 9900108969, Archana.hindocha@2020msl.com
KEYWORDS
PEOPLE, BUSINESS SERVICES, ELECTRONICS, IT, MEDIA, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Komli Media Raises $30 Million to Strengthen Leadership Position in Asia Pacific
Press release from Business Wire India
Source: Komli Media
Thursday, October 24, 2013 02:59 PM IST (09:29 AM GMT)
Editors: General: Entertainment; Business: Information technology; Technology
--------------------------------------------------
Komli Media Raises $30 Million to Strengthen Leadership Position in Asia Pacific
Financing To Drive Increased Investment in Core Technologies
Mumbai, Maharashtra, India, Thursday, October 24, 2013 -- (Business Wire India) -- Komli Media, Asia Pacific's leading digital media technology platform, today announced that it has raised $30 million from new investor Peepul Capital. Existing investors, Norwest Venture Partners, Nexus Venture Partners, Helion Venture Partners and Draper Fisher Jurvetson also participated in the funding. The company has raised funds to further invest in its key technology platforms and to strengthen its presence through integrated go to market solutions across the Asia Pacific (APAC) region.
"As digital advertising grows in a fast and fragmented manner, it has become critical for the industry to focus on delivering integrated solutions across social, mobile, display and video," said Prashant Mehta, Chief Executive Officer, Komli Media. "We have already seen strong adoption of our integrated solution along with algorithmic trading. With the increased funding, we plan to deepen our focus on innovative technologies, such as real time bidding (RTB), to deliver significantly greater value to our customers."
Komli Media hasbuilt market-leading technologies such as Remarketing on its proprietary ATOM platform that has scaled across regions by delivering strong ROI metrics in display, social and mobile. The Company recently integrated ATOM into Facebook's RTB (Real-Time-bidding) platform - Facebook Exchange (FBX), making it one of the first adoptees in the region.
"We believe that India and South East Asia are at an inflection point in embracing digital advertising. Komli is a leading player in these key markets and with its technology platform, wide product suite and exceptional leadership team, the company should consolidate its current position even further," said Venkat Shankar, Investment Director, Peepul Capital.
"Komli's success story is demonstrated by a CAGR of 200% achieved over the past three years driven by innovative platforms coupled with aggressive organic and inorganic investments. With this round of funding, we expect to further capitalize on the massive market opportunity and also accelerate our growth," said, Rakesh Malani, Chief Financial Officer, Komli Media.
Avendus Capital was the leading financial advisor to Komli Media on this transaction.
About Komli Media:
Komli Media is Asia Pacific's leading media technology company with solutions across display, mobile, video, social, search and data for marketers, agencies and publishers. Komli is leading the charge in developing the next-generation of digital advertising technologies, such as a real-time bidding (RTB) performance advertising platform (ATOM) that integrates audience data to improve ROI. Headquartered in Mumbai, Komli Media has over 300+ employees across 12 offices in India, Australia, New Zealand, Southeast Asia and Middle East. Find out more at http://www.komli.com.
About Peepul Group:
Peepul Capital LLC is an Institutional Investor specializing in Buyouts, Restructuring, Early Stage, Growth and Expansion investments. Peepul Capital's investment strategy represents a nimble approach that allows a disciplined pursuit of a broad range of value propositions across its chosen domains of Technology, Media, Healthcare, Consumer Services and Specialized Engineering.
Peepul Capital helps grow fundamentally stronger and better companies through its extensive operating and entrepreneurial experience. Peepul Capital manages a corpus of approximately US$700 Million across its three Funds for growth-oriented investments focused on India.
CONTACT DETAILS
Natasha Bajaj, Komli Media, +91 9820030569, natasha.bajaj@komli.com
Mou Chakravorty, 20:20 MSL, +91 8454042392, mou.chakravorty@2020msl.com
KEYWORDS
ENTERTAINMENT, IT, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Komli Media
Thursday, October 24, 2013 02:59 PM IST (09:29 AM GMT)
Editors: General: Entertainment; Business: Information technology; Technology
--------------------------------------------------
Komli Media Raises $30 Million to Strengthen Leadership Position in Asia Pacific
Financing To Drive Increased Investment in Core Technologies
Mumbai, Maharashtra, India, Thursday, October 24, 2013 -- (Business Wire India) -- Komli Media, Asia Pacific's leading digital media technology platform, today announced that it has raised $30 million from new investor Peepul Capital. Existing investors, Norwest Venture Partners, Nexus Venture Partners, Helion Venture Partners and Draper Fisher Jurvetson also participated in the funding. The company has raised funds to further invest in its key technology platforms and to strengthen its presence through integrated go to market solutions across the Asia Pacific (APAC) region.
"As digital advertising grows in a fast and fragmented manner, it has become critical for the industry to focus on delivering integrated solutions across social, mobile, display and video," said Prashant Mehta, Chief Executive Officer, Komli Media. "We have already seen strong adoption of our integrated solution along with algorithmic trading. With the increased funding, we plan to deepen our focus on innovative technologies, such as real time bidding (RTB), to deliver significantly greater value to our customers."
Komli Media hasbuilt market-leading technologies such as Remarketing on its proprietary ATOM platform that has scaled across regions by delivering strong ROI metrics in display, social and mobile. The Company recently integrated ATOM into Facebook's RTB (Real-Time-bidding) platform - Facebook Exchange (FBX), making it one of the first adoptees in the region.
"We believe that India and South East Asia are at an inflection point in embracing digital advertising. Komli is a leading player in these key markets and with its technology platform, wide product suite and exceptional leadership team, the company should consolidate its current position even further," said Venkat Shankar, Investment Director, Peepul Capital.
"Komli's success story is demonstrated by a CAGR of 200% achieved over the past three years driven by innovative platforms coupled with aggressive organic and inorganic investments. With this round of funding, we expect to further capitalize on the massive market opportunity and also accelerate our growth," said, Rakesh Malani, Chief Financial Officer, Komli Media.
Avendus Capital was the leading financial advisor to Komli Media on this transaction.
About Komli Media:
Komli Media is Asia Pacific's leading media technology company with solutions across display, mobile, video, social, search and data for marketers, agencies and publishers. Komli is leading the charge in developing the next-generation of digital advertising technologies, such as a real-time bidding (RTB) performance advertising platform (ATOM) that integrates audience data to improve ROI. Headquartered in Mumbai, Komli Media has over 300+ employees across 12 offices in India, Australia, New Zealand, Southeast Asia and Middle East. Find out more at http://www.komli.com.
About Peepul Group:
Peepul Capital LLC is an Institutional Investor specializing in Buyouts, Restructuring, Early Stage, Growth and Expansion investments. Peepul Capital's investment strategy represents a nimble approach that allows a disciplined pursuit of a broad range of value propositions across its chosen domains of Technology, Media, Healthcare, Consumer Services and Specialized Engineering.
Peepul Capital helps grow fundamentally stronger and better companies through its extensive operating and entrepreneurial experience. Peepul Capital manages a corpus of approximately US$700 Million across its three Funds for growth-oriented investments focused on India.
CONTACT DETAILS
Natasha Bajaj, Komli Media, +91 9820030569, natasha.bajaj@komli.com
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BWI: Demand for Refinish Automotive Coating Strengthens from the Growing Used Vehicles Market in India, Finds Frost & Sullivan
Press release from Business Wire India
Source: Frost & Sullivan
Thursday, October 24, 2013 02:15 PM IST (08:45 AM GMT)
Editors: General: Entertainment, Environment; Business: Automotives, Business services, Chemicals; Technology; Automotive
--------------------------------------------------
Demand for Refinish Automotive Coating Strengthens from the Growing Used Vehicles Market in India, Finds Frost & Sullivan
Mumbai, Maharashtra, India, Thursday, October 24, 2013 -- (Business Wire India) -- The Indian automotive coatings market has witnessed growth over the past two to three years due to growth of the automotive industry, both in the new and used car segments. Increased purchasing power will continue to fuel domestic automotive consumption at a compound annual growth rate of 10 percent till 2017, in turn, aiding the growth of automotive coatings market. Significant R&D investments made by coating manufacturers to enhance the performance of coating products will further boost the market.
New analysis from Frost & Sullivan (http://www.chemicals.frost.com), Strategic Analysis of the Indian Automotive Coatings Market, finds that total automotive coatings production stood at 76.1 kilotons (KT) in 2012 and estimates this to reach 134.7 KT in 2017. Although the original equipment manufacturer coatings segment accounts for 75 percent of the total market share in terms of volume, the refinish coatings sector is likely to witness a considerably higher growth rate.
"The emergence of new technologies, such as the compact coating process that involves fewer coating layers, waterborne coating systems, and an effective spray process, is driving demand for coatings used in large auto surface areas and components with complex shapes, thus widening market scope," said Frost & Sullivan's Chemicals, Materials & Foods Research Analyst.
However, escalating crude oil costs are pushing up the prices of key raw materials such as resins and titanium dioxide, eating into the profits of coatings manufacturers. Moreover, the increasing use of automotive plastics as interior and exterior components in vehicles will decrease the amount of automotive coating needed per vehicle. Concerns over the environmental impact of volatile organic compounds, along with pricing pressures from auto manufacturers add to the challenge. Therefore, the development of plastic coatings and the diversification of product lines with an emphasis on cost-effective, environmentally-friendly products, including water-borne and ultraviolet-curable coatings is the need of the hour.
"Increased organization in the used vehicle segment and scope for consolidation in the refinish coating sector will broaden the prospects of automotive coatings manufacturers in India," observed the analyst. "Establishing channel partners in tier II and III cities will help quicken the market penetration, especially in the refinish coatings segment."
If you are interested in more information on this research, please send an e-mail to Ravinder Kaur/Priya George, Corporate Communications, at ravinder.kaur@frost.com / priyag@frost.com, with your full name, company name, job title, telephone number, company e-mail address, company website, city, state and country.
Strategic Analysis of the Indian Automotive Coatings Market is part of the Chemicals & Materials Growth Partnership Service program. Frost & Sullivan's related research services include: Protective and Marine Coatings Market and the Resins Markets, Global Automotive Refinish Coatings Market, and Fluoropolymer Powder Coatings Market in North America. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
-- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
-- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Contact Us: Start the discussion
Us: Join our community
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Strategic Analysis of the Indian Automotive Coatings Market
P555-39
CONTACT DETAILS
Priya George, Corporate Communications - South Asia, Frost & Sullivan, +91 9840355432 / +91 (44) 66814414, priyag@frost.com
Ravinder Kaur, Corporate Communications - South Asia, Frost & Sullivan, +91 9940141714 / +91 (44) 66814413, ravinder.kaur@frost.com
Nimisha Iyer, Corporate Communications - South Asia, Middle East & North Africa, Frost & Sullivan, +91 9820050519 / +91 (22) 66072004, niyer@frost.com
KEYWORDS
ENTERTAINMENT, ENVIRONMENT, AUTOMOTIVE, BUSINESS SERVICES, CHEMICALS, TECHNOLOGY, AUTOMOTIVE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Frost & Sullivan
Thursday, October 24, 2013 02:15 PM IST (08:45 AM GMT)
Editors: General: Entertainment, Environment; Business: Automotives, Business services, Chemicals; Technology; Automotive
--------------------------------------------------
Demand for Refinish Automotive Coating Strengthens from the Growing Used Vehicles Market in India, Finds Frost & Sullivan
Mumbai, Maharashtra, India, Thursday, October 24, 2013 -- (Business Wire India) -- The Indian automotive coatings market has witnessed growth over the past two to three years due to growth of the automotive industry, both in the new and used car segments. Increased purchasing power will continue to fuel domestic automotive consumption at a compound annual growth rate of 10 percent till 2017, in turn, aiding the growth of automotive coatings market. Significant R&D investments made by coating manufacturers to enhance the performance of coating products will further boost the market.
New analysis from Frost & Sullivan (http://www.chemicals.frost.com), Strategic Analysis of the Indian Automotive Coatings Market, finds that total automotive coatings production stood at 76.1 kilotons (KT) in 2012 and estimates this to reach 134.7 KT in 2017. Although the original equipment manufacturer coatings segment accounts for 75 percent of the total market share in terms of volume, the refinish coatings sector is likely to witness a considerably higher growth rate.
"The emergence of new technologies, such as the compact coating process that involves fewer coating layers, waterborne coating systems, and an effective spray process, is driving demand for coatings used in large auto surface areas and components with complex shapes, thus widening market scope," said Frost & Sullivan's Chemicals, Materials & Foods Research Analyst.
However, escalating crude oil costs are pushing up the prices of key raw materials such as resins and titanium dioxide, eating into the profits of coatings manufacturers. Moreover, the increasing use of automotive plastics as interior and exterior components in vehicles will decrease the amount of automotive coating needed per vehicle. Concerns over the environmental impact of volatile organic compounds, along with pricing pressures from auto manufacturers add to the challenge. Therefore, the development of plastic coatings and the diversification of product lines with an emphasis on cost-effective, environmentally-friendly products, including water-borne and ultraviolet-curable coatings is the need of the hour.
"Increased organization in the used vehicle segment and scope for consolidation in the refinish coating sector will broaden the prospects of automotive coatings manufacturers in India," observed the analyst. "Establishing channel partners in tier II and III cities will help quicken the market penetration, especially in the refinish coatings segment."
If you are interested in more information on this research, please send an e-mail to Ravinder Kaur/Priya George, Corporate Communications, at ravinder.kaur@frost.com / priyag@frost.com, with your full name, company name, job title, telephone number, company e-mail address, company website, city, state and country.
Strategic Analysis of the Indian Automotive Coatings Market is part of the Chemicals & Materials Growth Partnership Service program. Frost & Sullivan's related research services include: Protective and Marine Coatings Market and the Resins Markets, Global Automotive Refinish Coatings Market, and Fluoropolymer Powder Coatings Market in North America. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
-- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
-- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Contact Us: Start the discussion
Us: Join our community
Subscribe: Newsletter on "the next big thing"
Register: Gain access to visionary innovation
Strategic Analysis of the Indian Automotive Coatings Market
P555-39
CONTACT DETAILS
Priya George, Corporate Communications - South Asia, Frost & Sullivan, +91 9840355432 / +91 (44) 66814414, priyag@frost.com
Ravinder Kaur, Corporate Communications - South Asia, Frost & Sullivan, +91 9940141714 / +91 (44) 66814413, ravinder.kaur@frost.com
Nimisha Iyer, Corporate Communications - South Asia, Middle East & North Africa, Frost & Sullivan, +91 9820050519 / +91 (22) 66072004, niyer@frost.com
KEYWORDS
ENTERTAINMENT, ENVIRONMENT, AUTOMOTIVE, BUSINESS SERVICES, CHEMICALS, TECHNOLOGY, AUTOMOTIVE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
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