Monday, May 2, 2011

BWI: Goa Takes Top Spot in the Indian State Competitiveness Report 2011

Press release from Business Wire India
Source: Institute For Competitiveness (IFC)
Monday, May 02, 2011 04:13 PM IST (10:43 AM GMT)
Editors: General: Consumer interest, Economy, People, Politics; Business: Advertising, PR & marketing, Business services, Information technology
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Goa Takes Top Spot in the Indian State Competitiveness Report 2011


New Delhi, Delhi, India, Monday, May 02, 2011 -- (Business Wire India) -- - Delhi and Maharashtra slip to the 2nd and 3rd position this year from 1st and 2nd position respectively in 2010 among the high income states
- Gujarat emerges as the best middle income state owing to its focus on providing business incentives and developing the physical and communication infrastructure
- More than 400 indicators were used to arrive at the final index for competitiveness
- States classified into 3 categories of high, medium and low income for the first time
- The comparative report provides hard data for states to assess themselves in order to initiate/facilitate improvement

To view SCR Ranking- 2011 please click on the link given below:

SCR Ranking - 2011

According to the State Competitiveness Report launched today by the Institute for Competiveness (IFC), Goa ranks No. 1 as the most competitive state in the nation. Income, consumption and demographics have played the most critical role in Goa's ascendance.

Delhi and Maharashtra have dropped one place each to the 2nd and 3rd position respectively from last year.

Gujarat has fared as the best middle income state due to its focus on providing business incentives, improving physical and communication infrastructure as well as the state's healthy financial condition.

Rajasthan has topped the rankings among low-income states owing to its high income and consumption capability. It has also scored the highest in communication infrastructure and human capacity.

Among the low income states, Assam, Nagaland and Manipur top the list with high human capacity. While evaluating the states in this category on the financial parameters, Bihar is next only to Madhya Pradesh.

Punjab, which ranks very high on factors such as innovation and communication, has lagged behind in its ranking on parameters of income & consumption, supplier sophistication and administration, over the last few years.

The India State Competitiveness Report is an annual publication that provides insights into the determinants of competitiveness for states and policymaking bodies. It highlights the pillars on which states can base their decisions and ensure a more progressive, all-encompassing path to overall qualitative improvement.

Commenting on this year's ranking, Dr. Amit Kapoor, Honorary Chairman, Institute for Competitiveness says, "The remedy to the unequal growth of India lies in the enhancement of the competitiveness quotient of the states, for they collectively comprise the whole nation. An envisioning exercise complemented by apt policies, an efficient government and a focus on infrastructure can help transcend the economy."

Report Methodology

This year's methodology has been modified to further sub-categorize states into three particular income brackets of high-income (over $ 900), middle-income ($500-900) and low income (below $500) for a better comparative analysis. These categories have been created by determining whether the state economies are factor-driven, investment-driven or innovation-driven.

While factor-driven economies typically focus on low-cost basic factor conditions (Low-skilled labour, natural resources, geographic location); investment-driven economies are focused on producing standard products and services of high quality at lower wages than advanced economies. Innovation-driven economies tend to focus on innovative products and services at the global technology frontier. In India we have locations such as cities, districts and states that would fall into each of the categories.

This study, like previous years, develops an index of competitiveness (based on the diamond model of Michael Porter) to assess and evaluate the competitiveness levels of the selected states, one of the prime factors resulting in the glaring discrepancies between growth rates.

More than 400 indicators were used to arrive at this final index for competitiveness. The report presents a perspective on the impact of the business environment on a state's competitiveness, and allows governments and firms to acquire acumen in a state's performances.

About Institute For Competitiveness (IFC)

The Institute for Competitiveness is an international think tank dedicated to conducting and disseminating meaningful research in the core fields of strategy, economic development, productivity and prosperity in order to create value for all. Find out more at www.competitiveness.in
.

Notes to Editors

For more information on the India City Competitiveness report, please visit the IFC website: www.competitiveness.in

Access detailed rankings from: www.competitiveness.in

To acquire a copy of the detailed study please write to neera.vohra@competitiveness.in.

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

http://www.BusinessWireIndia.com/attachments/SCR Ranking.pdf
SCR Ranking.pdf


CONTACT DETAILS
Kruti Arora, Aether Marketing Pvt. Ltd, +91 9899671686, karora@aether-marketing.com

KEYWORDS
CONSUMER, ECONOMY, PEOPLE, POLITICS, MARKETING, BUSINESS SERVICES

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BWI: Canara HSBC Oriental Bank of Commerce Life Insurance Launches Insure Smart

Press release from Business Wire India
Source: Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited
Monday, May 02, 2011 01:30 PM IST (08:00 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst
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Canara HSBC Oriental Bank of Commerce Life Insurance Launches Insure Smart
A ULIP with 'built-in' Guarantee

New Delhi, Delhi, India, Monday, May 02, 2011 -- (Business Wire India) -- Continuing the tradition of delivering products with enhanced value for the customer under its SMART Solutions umbrella, Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited - a joint venture between two of India's largest public sector banks, Canara Bank and Oriental Bank of Commerce, and HSBC Insurance (Asia Pacific) Holdings Limited, announced the launch of Canara HSBC Oriental Bank of Commerce Life Insurance Insure Smart Plan.

A unit-linked insurance plan, Insure Smart Plan provides the option of NAV guarantee fund and is equipped with investment friendly features. The core proposition of Insure Smart Plan is 'Guarantee your place at the top, whatever the environment'.

Speaking on the launch, Mr. Mario Perez, Director - Sales, Marketing & Products, Canara HSBC Oriental Bank of Commerce Life Insurance Company, said: "At Canara HSBC Oriental Bank of Commerce Life Insurance Company, all products have been designed on the basis of consumer insights gathered through extensive customer research. Insure Smart Plan has been tailor-made to cater to the savings and protection needs of the customers. In addition to this, NAV Guarantee Fund provides an element of guarantee on investments to customers with lower risk appetite."

Mr. Perez further added: "Using the SMART Solutions umbrella, Canara HSBC Oriental Bank of Commerce Life Insurance Company aims to provide smart choices and cater to the diverse financial needs of the customers across different segments, at various life stages and accentuate the primary objective of Life Insurance which is protection along with long term wealth creation."

Key features of Canara HSBC Oriental Bank of Commerce Life Insurance Insure Smart Plan are:

-- NAV Guarantee Fund: Offers a guarantee of the highest NAV over the fund's initial 7 years, applicable at maturity

-- Short Premium Payment Term & Policy Term: Has a 5-year premium payment term and 10-year policy term

-- Loyalty Addition: Loyalty addition of 1% of the total fund value at maturity, based on the prevailing NAVs

-- Option of Other Funds: Offers a choice of 5 non-guaranteed funds with 100% equity orientation to 100% debt

-- Lower Allocation Charge on SI/ECS: Offers lower allocation charges to customers opting for ECS (Electronic Clearing Service)/SI (Standing Instructions) for payment of premium - an unbeatable combination of lower costs and increased convenience

-- Partial Withdrawal: Allows customers to make partial withdrawal for any unforeseen contingency from the 6th policy year

-- Risk Cover of Choice: Customer can not only choose the risk cover to secure their family's financial needs, they can also increase or decrease the sum assured

-- Tax Benefits: The customer can avail tax benefits on premiums paid and the benefit paid out under the policy, subject to the applicable provisions of Section 80C and Section 10(10D) respectively, of the Income Tax Act, 1961

With the launch of Canara HSBC Oriental Bank of Commerce Life Insurance Insure Smart Plan, the Company has further strengthened its product suite to provide a wider choice to customers and help them find the right solution for protecting their family and future financial needs.

The new life insurance plan is available pan-India through the 5,500 branches of Canara Bank, HSBC, Oriental Bank of Commerce, Pragathi Gramin Bank, Shreyas Gramin Bank, South Malabar Gramin Bank and HSBCInvestDirect Securities (India) Limited.

About Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited (www.canarahsbclife.com)

Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited was launched in June 2008 and is jointly owned by two of India's largest public sector banks - Canara Bank (holding 51%) and Oriental Bank of Commerce (23%) - and HSBC Insurance (Asia Pacific) Holdings Limited (26%), the Asian insurance arm of one of the world's largest banking and financial services groups - HSBC.

The Company has exclusive access to around 53 million customers and a pan-India network of over 4600 branches of Canara Bank, HSBC and Oriental Bank of Commerce. The formidable distribution strength and in-depth local market knowledge of Canara Bank and Oriental Bank of Commerce coupled with the considerable insurance experience, product range and proven bancassurance capabilities of HSBC make this an unparalleled union of financial strength, expertise and most importantly, trust.

Canara HSBC Oriental Bank of Commerce Life Insurance Company understands that today innovation is a key differentiator. Based on market demand and customer preferences, the Company currently offers 10 products - 4 unit-linked and 6 traditional. Individual unit-linked products include Grow Smart Plan, Dream Smart Plan, Future Smart Plan and Insure Smart Plan and traditional products include Secure Smart Plan, Pure Term Plan and Immediate Pension Plan. Group Products include Group Term Plan, Group Loan Protection Plan and Group Traditional Plan on traditional platform.

The Company currently has 29 offices across the country (in 27 cities) to service customers, provide necessary training and coaching support to the bank staff and ongoing service support to around 800 bank branches (with SPs) selling its products in 316 locations. Out of 316 locations, around 80 locations are in semi-urban and rural areas.

To deliver affordable insurance solutions to address the needs of the rural population, the social sector and economically weaker sections of the society, especially those who have no or very little access to organised financial services, the Company tied up with three Rural Regional Banks (RRBs) - Pragathi Gramin Bank in Karnataka, Shreyas Gramin Bank in Uttar Pradesh and South Malabar Gramin Bank in Kerala. Through a strong network of around 790 branches of the three RRBs, Canara HSBC Oriental Bank of Commerce Life Insurance Company will reach out to more than 7 million customers in addition to the existing customer base of 53 million.

Canara HSBC Oriental Bank of Commerce Life Insurance Company is the fastest Indian life insurance company to cross Rs 500 crore, Rs 1000 crore and Rs 1500 crore in weighted premium income till date.

Since launch on June 16, 2008 to March 31, 2011, the Company's business in terms of Gross Written Premium (GWP) stood at Rs 2670 crore and the number of policies sold are 2,46,451.

As on March 31, 2011, the Company's assets under management (AUM) stood at Rs 2740 crore.

To view the photograph, please click on the link given below:

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

http://www.BusinessWireIndia.com/attachments/1(71).jpg
1(71).jpg


CONTACT DETAILS
Nonika Raj Kumar, Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited, +91 (124) 4535658/ +91 9717882227, nonika.rajkumar@canarahsbclife.in
Komal Kakkar, IPAN Hill & Knowlton, +91 (124) 4967300, kkakkar@ipanhillandknowlton.com

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

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BWI: Brand-comm begins brandware IV Edition on June 3rd

Press release from Business Wire India
Source: brand-comm
Monday, May 02, 2011 12:27 PM IST (06:57 AM GMT)
Editors: General: Consumer interest, People; Business: Accounting & management consultancy services, Advertising, PR & marketing, Business services, Education & training; Technology
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Brand-comm begins brandware IV Edition on June 3rd
A comprehensive eight weekend brand management course tailored for working professionals

Bangalore, Karnataka, India, Monday, May 02, 2011 -- (Business Wire India) -- Integrated brand-comm, a leading communications consultancy firm, will start Brandware IV Edition, a comprehensive eight weekend brand management course from June 3rd , 2011.

The lead faculty Ramanujam Sridhar, author of One Land One Million Minds and Googly-Branding on Indian Turf, has specially designed this edition to help practicing managers learn newer aspects of branding and also simplify branding for professionals in other functions.

brandware ensures to give right exposure to the people in the industry in just 8 weekends. The methodology of teaching is based on case studies, industry knowledge sharing and path breaking presentations. brandware will help professionals to broaden their perspective on brand management.

Ramanujam Sridhar, CEO - brand-comm says "With intense competition between brands on national and regional platform, managers need to arm themselves with knowledge. From our past experiences, we are confident that this course is designed in the best possible manner for professionals to hone their skills and meet the market challenges as they get across industry perspective issues."

brandware will provide participants with the knowledge and skills to manage complex brands within an Indian context and will encourage innovation among them. This course deals with important issues both at the individual product level and the firm level and is designed both for those anticipating careers in brand management as well as for those with an interest in marketing management, communication and general management.

The previous editions were well received by senior executives from Kurlon, Draftfcb Ulka, Toyota Kirloskar Motors, Titan, Nokia India, MindTree, Ma Foi Randstad, United Spirits, TTK, Indus League, Manipal Education, to name a few. Raaman, Senior Research Executive, Millward Brown, commenting on his experience, said, "I really enjoyed the Brandware program. The best thing about the program was that all marketing concepts were taught in a simple language which could be understood even by non-marketing people and without using "jargons" which made it more like a learning and discussion than training. The faculty in the course were so patient and modest inspite of being veterans in their field. In short it was a joyful learning experience."

The course will be conducted on Friday between 6.00pm to 8.30pm and Saturdays between 10.00am to1.00pm for eight consecutive weeks which is further split into six weekend training program and two weeks of project. The training will be held at 'The Hall of Brands', Integrated Brand Comm Pvt Ltd. # 68, II Floor, Transpade Towers, Jyothi Nivas College Road, Koramangala, Bangalore - 560 095.

For more detailed information about this course, write to patriciajames@brand-comm.com or call +91 - 080 - 25539258/ 369.

About brand-comm:


brand-comm is a leading communications consultancy in India which offers services in brand consulting, advertising, and public relations. It has offices in eight cities (Bangalore, Delhi, Mumbai, Pune, Chennai, Coimbatore, Kolkata and Hyderabad). brand-comm offers integrated marketing communications to it clients.

In addition, brand-comm offers Integrated Talent Communications (Internal Communications) which assists companies in communicating better with their internal customers for a better employee engagement program.

brand-comm believes that experience and insights are the key to effective communication - this fact is demonstrated by the team, which consists of professionals who come from a diverse background of communication practice areas. Together, they deliver value through research-led insights and precision-led execution for clients representing a cross-section of industry.

Visit: www.brand-comm.com. Read Ramanujam Sridhar's blog @ http://ramanujam-sridhar.blogspot.com/


CONTACT DETAILS
Tejasvi Murthy, brand-comm, +91 9742023272, tejasvi@brand-comm.com
Pragna V Krishna, brand-comm, +91 9980666327, pragna@brand-comm.com

KEYWORDS
CONSUMER, PEOPLE, CONSULTANCY SERVICES, MARKETING, BUSINESS SERVICES, EDUCATION, TECHNOLOGY

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BWI: Shivsu Canada Bags over Rs. 50-Crore Order for New Range of Bottling Machinery

Press release from Business Wire India
Source: Shivsu Canadian Clear International Limited
Monday, May 02, 2011 11:27 AM IST (05:57 AM GMT)
Editors: General: Consumer interest, Food & drink, People; Business: Advertising, PR & marketing, Business services, Financial Analyst, Healthcare, biotechnology & pharmaceutical, Heavy industries, Retailers, Water; Technology
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Shivsu Canada Bags over Rs. 50-Crore Order for New Range of Bottling Machinery
Expects to do a turnover of over Rs. 100 Crores in the current financial year

Chennai, Tamil Nadu, India, Monday, May 02, 2011 -- (Business Wire India) -- Shivsu Canada Pure Fillers Pvt. Ltd (SCPF) that launched Glass bottle washers, fillers and cappers in a joint venture with Rita Bottling has bagged order to the tune of over Rs. 50 Crores for these glass bottle equipments of cutting-edge technology.

Mr. Sushil Kumar Eashwaran, Technical Director of SCPF said "We have inaugurated the state-of-the-art new manufacturing facility recently at Poonamalle to produce the machines. With this new division we expect to do a turnover of over Rs. 100 Crores in the financial year 2011-2012."

"German technology has been incorporated in the design and engineering and the capacity of the machines fall in the range 60 to 400 BPM. The washers are so designed even to run on recycled glass bottles," he added.

Manufactured under the brand name Shivsu-Rita, the equipments find applications in a wide range of industries including distilleries, breweries, soft drink and pharmaceuticals.

United Breweries Group, PEPSI, Major Distilleries, Breweries and Soft drink manufactures all over India are buyers of these machines built with proven technology from Rita Bottling - experts in the field for over 30 years and supplied more than 250 Glass bottles fillers to the Indian market. For details, call: 044 - 2836 2461.



CONTACT DETAILS
Mr. Satish, Vice President, Shivsu Canadian Clear International Limited, +91 9841076307, sathish@canadianclear.com / mail@canadianclear.com

KEYWORDS
CONSUMER, FOOD, PEOPLE, MARKETING, BUSINESS SERVICES, Financial Analyst, HEALTHCARE, HEAVY INDUSTRIES, RETAIL, WATER, TECHNOLOGY

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BWI: Actis, Pioneers in Designing and Building Communication and Collaboration Solutions, Commemorates 40 years in Business

Press release from Business Wire India
Source: Actis Technologies
Monday, May 02, 2011 10:00 AM IST (04:30 AM GMT)
Editors: General: People; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment, Telecommunications; Technology
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Actis, Pioneers in Designing and Building Communication and Collaboration Solutions, Commemorates 40 years in Business


Mumbai, Maharashtra, India, Monday, May 02, 2011 -- (Business Wire India) -- Actis, pioneers in designing and building communication and collaboration solutions, is commemorating 40 years in business. Established in 1971, Actis has pioneered technologies like Telepresence, Video Conferencing, Edge Blending, Interactive Training Centres and Smart Home technologies in India. Actis, a member of the AV Global alliance, has partnerships with International brands like Polycom, Panasonic, Epson, 3M, Sony, Biamp, Crestron, Samsung, Cisco, Lutron among others and a clientele across sectors like Hiranandani, Reliance Communications, Reliance Capital, Welingkar Institute of Management and Central Bank of India etc.

Started as an Engineering Company in 1971 manufacturing 35 mm Mobile Projectors, parts for sealed compressors etc. Said projectors were extensively used by Indian Armed Forces for their units stationed in forward areas. In 1976, started developing a full range of Film Editing Equipments for Motion Picture Industry in India. Equipments manufactured were accepted as a standard equipment by Local Film Industry. These were used by Film Laboratories, Recording Studios, Dubbing Theatres, Preview Theatres, Editing Studios etc. (90 % of films of the time including blockbusters like Sholay were edited with Actis equipment) With its acceptability by Local Industry, had the opportunity to export to users in USA, Germany, Russia, Philippines, Australia etc. With shift from Film to Video in 1984, developed Overhead Projectors for Audio Visual Industry. During this period, computers came & changed the Audio Visual Industry. During 1980s-90s, Actis built up strong strategic partnerships with some of the world's leading brands for audio visual and conferencing products and expanded the product line with overhead projectors, LCD panels & multi-media projectors apart from setting up a CNC Machining Centre.

Says Abhimanyu Gupta, Director, Actis Technologies, "The year 1999 was a turning point for Actis Technologies. This was the first time we ventured into the audio visual solutions business. The first audio visual solution was installed at Akshardham Temple in the 'Multimedia Show'. Through the years we have modernised our demo facilities and in 2010, we took the biggest leap by setting up our Actis Experience Centre. Through our Experience Centre we showcase various solutions like the Home Theatre, Training Centre, 3D Telepresence, Boardroom with Edge Blending Technology etc. We further plan to expand our solutions as a leading audio visual specialist, efficiently meeting our customer needs across sectors."

Actis caters to varied sectors including Corporate, Hospitality, Education, Government and the Residential. Actis has received several accolades and recognitions in the past including appreciation awards from ISRO (Indian Space Research Organization), ICAI (Institute of Chartered Accountants of India), Infosys and Mahindra Satyam. Actis is also credited with installing solutions for live teleconferencing during a surgery for a Pune based hospital. With a strength of more than 250 people, working on the latest technologies, Actis has a presence across India with offices in Mumbai, Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata, New Delhi and Pune. Says Abhimanyu, "The work culture at Actis is change-adept and dynamic. Actis harnesses the potential of its workforce and motivates them equally via team work, knowledge sharing and continuous training".

Actis has experience centers in Mumbai and Chennai a 3D Telepresence Suite in Delhi and high-tech conference room facilities in Pune and Hyderabad. Says Abhimanyu, "Actis Technologies has developed state of the art and future ready solutions like 3D Telepresence, Mobile Videoconferencing, Intelligent Lighting for green buildings, Surveillance systems, Rich Media and Streaming etc. in varied sectors. Actis provides its customers with a range of solutions that are customised and flexible with a tangible return on investment. For instance, The Actis Telepresence solution is a rapidly growing powerful business tool in India. The main reason for the growth is the great degree of flexibility that Actis solutions provide to our customers. The solutions adapt to various degrees of bandwidth availability and use open standards to provide seamless compatibility with existing systems"

Actis is planning to focus on the Educational sector with interactive learning solutions this year. Explains Abhimanyu, "Actis' Rich Media and Streaming solution provides the ability to record and archive training sessions which can later be webcasted. While Actis' video conferencing solutions use sophisticated tools that are simple and intuitive for the teachers to use. The multiple HD cameras cover the teacher as well as the students using voice tracking and ensure equal intelligible speech and program audio system in all parts of the room. Last but not the least, it provides easier access/control to the room features making learning an interactive session for both the teacher and the students across borders".

Actis has been growing at a CAGR of 25% per annum in the last decade. In an industry plagued by fly by night operators and the uncertainties of unorganized players, Actis has carved a legacy of trust and consistency that has inspired international brands to operate in the country and propelled consumers to zoom ahead with the latest in technology.



CONTACT DETAILS
Roshan Fernandes, ANS, +91 9820292545/ +91 9773894577 / +91 (22) 32485456, pr@alaaya.com

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

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