Monday, June 1, 2015

BWI: Achiievers Equities Ltd Launches DAILY Unlimited Trading for Rs.50 Per Day

 
Source : Achiievers Equities Ltd
Monday, June 1, 2015 11:06AM IST (5:36AM GMT)
 
Achiievers Equities Ltd Launches DAILY Unlimited Trading for Rs.50 Per Day
 
Kolkata, West Bengal, India

Achiievers Equities Ltd, one of India’s leading financial services company offering retail and institutional broking along with third party distribution from their online trading platform www.achiieversequitiesltd.com, has launched an innovative UNLIMITED DAILY Trading Plan for the first ever time in India.

Under this plan, clients (investors) have to pay only Rupees Fifty (INR 50) to do Unlimited Trading on any given day! Clients can trade in the following exchanges: - NSE, BSE, MCX-SX, and MCX, in products like Cash, Margin, Futures & Options, Commodity and Currency.

Currently there is no such offering available in the market for investors, which Achiievers realised, and has again come out with a winner, following the success of their MVP plan which was launched in 2012.

With this launch, Achiievers is now offering a comprehensive range of plans to suit all requirements, where clients can choose between daily, monthly or per trade plans. These are all part of the Zero Brokerage offerings, where clients can pay only Rupees 15 per trade (executed order), or opt for the Monthly Unlimited Trade Plan where you have to pay only Rupees 750 per month regardless of the volumes of trade, and now the Per Day Brokerage offer @ Rs.50.

All these plans are extremely competitively priced and are the lowest rates in the market being offered by any broking house in India. Achiievers is a discount broking firm that strongly believes their clients (investors) should trade efficiently and make money for themselves, instead ofpaying huge brokerage fees.

Commenting on this development, Mr. Suman Chakrvarty– Founder, MD & CEO, Achiievers Equities Ltd, said, “This is the first time such a disruptive concept has been introduced in the Indian market for retail clients. We want our investors to earn more profits easily, and hence are offering them multiple options to trade as per their convenience. Our Zero Brokerage Trading plans are also available for Commodity and Currency segments. There is no hidden cost and no limitations on the volume and number of tradesclients can make at any given point of time. We want investors to enjoy trading on our platform and take home the entire profit without paying even a single extra rupee to the broker. To sign up for this plan, visit: www.achiieversequitiesltd.com”.
 
 
ABOUT ACHIIEVERS:

ACHIIEVERS EQUITIES LTD is one of India’s leading financial services conglomerates, offering complete financial solutions that encompass every sphere of life. Achiievers is customer-centric, innovative, unique and always responds to the changing needs for clients. It aims to achieve its vision by only doing what is RIGHT. ACHIIEVERS EQUITIES LTD operates with 6 Branches and 220 Business Partners (franchisees) throughout India. The current operations are spread across India with offices in eastern and northern zones. Operational with a network of 240 trading centres throughout India, all activities are coordinated from the corporate office which is located at Kolkata.

 
Media Contact Details

Koustav Ganguly, Achiievers Equities Ltd, ,+91-9874019965 ,+91 (033) 66063000 , koustav.ganguly@achieversind.com

 

KEYWORDS: Business/ Finance:Banking & Financial services, Financial Analyst & Investors, Information Technology, Retailers, Stock Exchanges, Technology;General:Consumer interest, Internet

 

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BWI: Apollo Children's Hospitals Successfully Treats 12 year Old H1N1 Patient using ECMO; Doctors Call for Early Referrals for More Successful Outcomes

 
Source : Apollo Hospitals
Monday, June 1, 2015 8:30AM IST (3:00AM GMT)
 
(NSE:APOLLOHOSP)
Apollo Children's Hospitals Successfully Treats 12 year Old H1N1 Patient using ECMO; Doctors Call for Early Referrals for More Successful Outcomes
While ECMO has been used in other instances in India to cure adults with severe lung infection, this is the first time that a child has been cured of H1N1 using ECMO in India
 
Chennai, Tamil Nadu, India

Apollo Children’s Hospitals, Chennai’s leading pediatric hospital and the only hospital in Chennai to house an Extracorporeal Membrane Oxygenation (ECMO) machine exclusively for children with successful outcomes, has helped a critical H1N1 12 year old Soubashre survive.

ECMO – a modified heart lung machine claimed by doctors as the ultimate life saving technology is slowly being incorporated in treatment of severe lung infections in children. While successful outcomes speak for the advantages of ECMO, many physicians prefer to opt out of ECMO, fearing complications and the high cost factor.  

Key Points:
 

  • ECMO stands for Extracorporeal Membrane Oxygenation. It is a procedure that uses a machine to take over the work of the lungs and sometimes the heart
  • Soubhashree is the first child ECMO H1N1 survivor
  • The entire treatment regime can cost about Rs 10-45 lakhs in India and can cost Rs 1 crore or more abroad.
  • Early referrals make all the difference. The key is to initiate it early enough for a good outcome , before other organs begin to fail

​​​Although there are many centers in India that can treat adults using ECMO, only a handful can treat children using ECMO. Apollo Children’s Hospital is one of the very few exclusive organisations in Tamil Nadu that has the infrastructure and skill to treat children using ECMO technology and have successful outcomes too.

Dr Indira Jayakumar, Senior Consultant Emergency & Intensive Care, Apollo Children’s Hospitals said, “We are the only facility in Chennai offering ECMO treatment for children exclusively with successful outcomes. Not only do we have the system and technology in place, we are also supported by the best technicians, physicians and support staff that can ensure the best possible treatment. While Soubashre here was suffering from H1N1, people have to understand that ECMO can be used to treat other severe lung infections as well.”

“By taking over the work of the heart and lungs, the machine gives a child’s heart or lungs a chance to recover. ECMO supports the patient for days to weeks. Soubashre was hooked to the system for 19 days,” she added.

To initiate ECMO, catheters are placed in large blood vessels to provide access to the patient’s blood stream and anticoagulant drugs are given to prevent blood clotting. The ECMO machine continuously removes blood from the patient and performs gas exchange, like artificial lungs, before returning the blood to the patient. This technology requires a dedicated team of medical and paramedical experts with round the clock bedside care. 
 
ECMO has proven useful in pneumonia due to infections – H1N1  and  other viruses  bacterial , scrub typhus , aspiration and also heart failure. It can also be used in any treatable cause of lung failure , buying time for healing, repair and recovery.

Ms Preetha Reddy, Executive Vice Chairperson, Apollo Hospitals added, “Ever since Apollo’s inception, we have invested heavily in technology and resources which we feel will create an impact on patient’s lives and help in quicker recovery. Human life is priceless and we will ensure that we do everything in our capacity to treat patients who seek our help. State-of-the-art technology coupled with well-informed doctors, physicians and efficient support system is what has made this possible.”

A single ECMO equipment can cost about Rs 45 lakhs, which can be a deterrent to many. In this context with this, Maquet, leading ECMO equipment manufacturer has come forward and announced that it will donate an ECMO equipment to ACH adding to the already existing system giving the hospital the ability to treat more than one child at a time.

About Apollo Hospitals

It was in 1983, that Dr. Prathap Reddy made a pioneering endeavour by launching India’s first corporate hospital - Apollo Hospitals in Chennai. Over the years Apollo Hospitals has established itself as home to the largest cardiac practice in India with over 160,000 cardiac surgeries. Apollo Hospitals is also the world’s largest private cancer care provider and runs the world’s leading solid organ transplant program.

Now, as Asia’s foremost integrated healthcare services group, its presence includes Hospitals, Pharmacies, Primary Care and Diagnostic Clinics and Telemedicine units across 10 countries, Health Insurance services, Global Projects Consultancy, colleges of Nursing and Hospital Management and a Research Foundation with focus on global Clinical Trials, epidemiological studies, stem cell & genetic research, and the first Proton Therapy Center across Asia, Africa and Australia.

In a rare honor, the Government of India issued a commemorative stamp in recognition of Apollo's contribution, the first for a healthcare organization. Apollo Hospitals Chairman, Dr. Prathap C Reddy, was conferred with the prestigious Padma Vibhushan in 2010. For more than 32 years, the Apollo Hospitals Group has continuously excelled and maintained leadership in medical innovation, world-class clinical services and cutting-edge technology. Today, Apollo hospitals are consistently ranked amongst the best hospitals globally for advanced medical services and research.

 
Media Contact Details

Romi Rajendran, Genesis BM, ,+91-9444073206 , romi.rajendran@bm.com

 

KEYWORDS: Business/ Finance:Healthcare & biotechnology, Medical Devices, Technology;General:People, Social issues

 

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Friday, May 29, 2015

BWI: Mindteck Collaborating on FDA-Approved Medical Device

 
Source : Mindteck India limited
Friday, May 29, 2015 8:54PM IST (3:24PM GMT)
 
(BSE:517344)
Mindteck Collaborating on FDA-Approved Medical Device
Provides technology for award-winning medical device leader
 
Bengaluru, Karnataka, India

Mindteck (India) Limited (BSE: MINDTECK), a global technology company, has announced that it is engaging in a Remote Patient Monitoring project for a multinational corporation specializing in the design and manufacture of medical devices. The innovative, easy-to-use, FDA-approved device will be used to attend medical incidents from various locations and will enable doctors to provide immediate assistance from anywhere. Key features include:
 

  • Real-time monitoring
  • Robust communication with other medical devices
  • Reliable data storage and representation
  • Medical data transfer
  • Data security and accuracy
  • Medical standards compliance
​
Mindteck has provided end-to-end solutions for a variety of medical device manufacturers for over two decades. Its Medical Quality Management System meets ISO 13485:2003 and ISO 9001:2000 requirements, conforms to 21 CFR Part 11 and 21 CFR Part 820 standards, and conforms to the ISO 27001:2005 information security standard. “This is a testament to our responsiveness to the changing patient monitoring ecosystem and adoption of next generation services”, commented Mr. Simon Christopher, Mindteck’s Regional Vice President for Europe. 

“We are very proud of this collaboration”, added Mr. Yusuf Lanewala, Chairman and Managing Director.  “The device is user-friendly, highly robust, integrated and compliant.  Harnessing our knowledge to bring about positive outcomes and accelerate innovation will remain a top priority for this important client.”
 
About Mindteck (India) Limited

Mindteck, a global technology company, provides Product Engineering solutions and Information Technology services to top-tier Fortune 100 companies, start-ups, leading universities and government entities worldwide. Its depth of knowledge and niche expertise in embedded systems and enterprise applications is complemented by dedicated Centers of Excellence in wireless design and storage testing. Mindteck has offices in the US, UK, Singapore, Malaysia, Netherlands, Germany, Bahrain and India, and four development centers: one each in the US and Singapore, and two in India (Kolkata and Bangalore). The company is listed on the Bombay Stock Exchange (BSE 517344) and is among a select group of global companies appraised at Maturity Level 5, Version 1.3 of the CMMI Institute’s Capability Maturity Model Integration (CMMI). It is also a Founding Member of ‘The Atlas online’ – an interactive tool that provides visualizations of growth opportunities for over one hundred countries worldwide – for the Center for International Development (CID) at Harvard University.

 
Media Contact Details

Balika Hegde, Mindteck (India) Limited, , balika.hegde@mindteck.com

 

KEYWORDS: Business/ Finance:Healthcare & biotechnology, Information Technology, Manufacturing Companies, Medical Devices, Technology;General:Consumer interest, Internet

 

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BWI: Mindteck Reports Profit for Year-End 2014-15

 
Source : Mindteck India limited
Friday, May 29, 2015 8:22PM IST (2:52PM GMT)
 
(BSE:517344)
Mindteck Reports Profit for Year-End 2014-15
 
Bengaluru, Karnataka, India

Mindteck (India) Limited (BSE: MINDTECK), a global technology company, today reported its audited financial results for the Fourth Quarter and Year ended March 31, 2015.
 
Consolidated revenue for the year 2014-15 stood at Rs. 319.15 crore as against Rs. 328.81 crore for the previous year ended March 31, 2014. Net profit stood at Rs. 19.20 crore as against Rs. 18.61 crore for the previous year, registering a growth of 3.17%.
 
Consolidated revenue for the quarter ended March 31, 2015 stood at Rs. 77.43 crore as against
Rs. 83.36 crore for the corresponding quarter of the previous year ended March 31, 2014. Net profit for the quarter ended March 31, 2015 stood at Rs. 3.28 crore as against Rs. 4.08 crore for the corresponding quarter of the previous year.
 
During the board meeting held today, the Board of Directors recommended a 10% dividend for the financial year 2014-15.
 
“During the financial year 2014-15, Mindteck was transitioning to position the company for a future of sustainable and profitable growth. In this regard, we focused on streamlining the operations and putting together a strong management team. Our revenue has stabilized, profitability improved and we have also significantly strengthened our Balance Sheet,” commented Mr. Yusuf Lanewala, Chairman & Managing Director, Mindteck. He added, “We have also made further inroads to deepen our existing client relationships and identify niche strengths where we can generate additional revenue from new client acquisitions”.
 
Mindteck's notable activities in the recent past include:
 

  • Securing a large, multi-year infrastructure project for a long-standing Fortune 50 client and initiating a Big Data engagement for a Fortune 100 technology giant.
  • Collaborating with an award-winning medical device manufacturer to provide technical support for their new patient monitoring innovation.
  • Engaging with SinBerBEST, a public-private research collaboration focused on efficiency and sustainability of buildings in tropical climates.
  • Completing Phase III of its work with the Center for International Development (CID) at Harvard University.
  • Providing targeted funding in support of local charitable endeavours: Samarthanam Trust for the Disabled and Rotary Indiranagar
 
About Mindteck (India) Limited

Mindteck, a global technology company, provides Product Engineering solutions and Information Technology services to top-tier Fortune 100 companies, start-ups, leading universities and government entities worldwide. Its depth of knowledge and niche expertise in embedded systems and enterprise applications is complemented by dedicated Centers of Excellence in wireless design and storage testing. Mindteck has offices in the US, UK, Singapore, Malaysia, Netherlands, Germany, Bahrain and India, and four development centers: one each in the US and Singapore, and two in India (Kolkata and Bangalore). The company is listed on the Bombay Stock Exchange (BSE 517344) and is among a select group of global companies appraised at Maturity Level 5, Version 1.3 of the CMMI Institute’s Capability Maturity Model Integration (CMMI). It is also a Founding Member of ‘The Atlas online’ – an interactive tool that provides visualizations of growth opportunities for over one hundred countries worldwide – for the Center for International Development (CID) at Harvard University. For more information, please contact balika.hegde@mindteck.com. www.mindteck.com

 
Media Contact Details

Balika Hegde, Mindteck (India) Limited, , balika.hegde@mindteck.com

 

KEYWORDS: Business/ Finance:Business Services, Financial Analyst & Investors, Information Technology, Stock Exchanges, Technology;General:Consumer interest, Internet

 

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BWI: Mindteck Reports Profit for Year-End 2014-15

 
Source : Mindteck India limited
Friday, May 29, 2015 8:22PM IST (2:52PM GMT)
 
(BSE:517344)
Mindteck Reports Profit for Year-End 2014-15
 
Bengaluru, Karnataka, India

Mindteck (India) Limited (BSE: MINDTECK), a global technology company, today reported its audited financial results for the Fourth Quarter and Year ended March 31, 2015.
 
Consolidated revenue for the year 2014-15 stood at Rs. 319.15 crore as against Rs. 328.81 crore for the previous year ended March 31, 2014. Net profit stood at Rs. 19.20 crore as against Rs. 18.61 crore for the previous year, registering a growth of 3.17%.
 
Consolidated revenue for the quarter ended March 31, 2015 stood at Rs. 77.43 crore as against
Rs. 83.36 crore for the corresponding quarter of the previous year ended March 31, 2014. Net profit for the quarter ended March 31, 2015 stood at Rs. 3.28 crore as against Rs. 4.08 crore for the corresponding quarter of the previous year.
 
During the board meeting held today, the Board of Directors recommended a 10% dividend for the financial year 2014-15.
 
“During the financial year 2014-15, Mindteck was transitioning to position the company for a future of sustainable and profitable growth. In this regard, we focused on streamlining the operations and putting together a strong management team. Our revenue has stabilized, profitability improved and we have also significantly strengthened our Balance Sheet,” commented Mr. Yusuf Lanewala, Chairman & Managing Director, Mindteck. He added, “We have also made further inroads to deepen our existing client relationships and identify niche strengths where we can generate additional revenue from new client acquisitions”.
 
Mindteck's notable activities in the recent past include:
 

  • Securing a large, multi-year infrastructure project for a long-standing Fortune 50 client and initiating a Big Data engagement for a Fortune 100 technology giant.
  • Collaborating with an award-winning medical device manufacturer to provide technical support for their new patient monitoring innovation.
  • Engaging with SinBerBEST, a public-private research collaboration focused on efficiency and sustainability of buildings in tropical climates.
  • Completing Phase III of its work with the Center for International Development (CID) at Harvard University.
  • Providing targeted funding in support of local charitable endeavours: Samarthanam Trust for the Disabled and Rotary Indiranagar
 
About Mindteck (India) Limited

Mindteck, a global technology company, provides Product Engineering solutions and Information Technology services to top-tier Fortune 100 companies, start-ups, leading universities and government entities worldwide. Its depth of knowledge and niche expertise in embedded systems and enterprise applications is complemented by dedicated Centers of Excellence in wireless design and storage testing. Mindteck has offices in the US, UK, Singapore, Malaysia, Netherlands, Germany, Bahrain and India, and four development centers: one each in the US and Singapore, and two in India (Kolkata and Bangalore). The company is listed on the Bombay Stock Exchange (BSE 517344) and is among a select group of global companies appraised at Maturity Level 5, Version 1.3 of the CMMI Institute’s Capability Maturity Model Integration (CMMI). It is also a Founding Member of ‘The Atlas online’ – an interactive tool that provides visualizations of growth opportunities for over one hundred countries worldwide – for the Center for International Development (CID) at Harvard University. For more information, please contact balika.hegde@mindteck.com. www.mindteck.com

 
Media Contact Details

Balika Hegde, Mindteck India limited, , balika.hegde@mindteck.com

 

KEYWORDS: Business/ Finance:Business Services, Financial Analyst & Investors, Information Technology, Stock Exchanges, Technology;General:Consumer interest, Internet

 

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