Monday, August 31, 2009

BWI: Max New York Life Appoints Amitabh Bachchan as the Brand Ambassador for Max Vijay

Press release from Business Wire India
Source: Max New York Life Insurance
Monday, August 31, 2009 05:15 PM IST (11:45 AM GMT)
Editors: General: Consumer interest, People, Social issues; Business: Advertising, PR & marketing, Banking & financial services, Financial Analyst; Technology
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Max New York Life Appoints Amitabh Bachchan as the Brand Ambassador for Max Vijay


New Delhi, Delhi, India, Monday, August 31, 2009 -- (Business Wire India) -- Max New York Life, one of India's leading life insurance companies, today announced the appointment of Superstar Amitabh Bachchan as the brand ambassador for Max Vijay, a brand specifically targeted at providing financial inclusion to the underprivileged masses. Max Vijay is a unique product that has been designed keeping in mind the savings and protection needs of the common people.

Speaking on the occasion, Mr. Rajesh Sud, CEO & Managing Director, Max New York Life Insurance, said, "I am very pleased to announce the appointment of megastar Amitabh Bachchan as the brand ambassador for Max Vijay. In a number of his earlier movies, Amitabh Bachchan became synonymous with the name Vijay, a people's hero who fought for the cause of the common man by standing up for their rights. His appointment as the brand ambassador for Max Vijay, is a rebirth of the old Vijay, who is today propagating the cause of small savings and financial inclusion for the underserved masses of the country."

"We launched Max Vijay with a dream of providing financial inclusion to millions of underprivileged households across the country. Since the launch of Max Vijay in late 2008, our focus has been on testing the product in select markets and expanding distribution in a phased manner. I am pleased to announce that Max Vijay has already provided financial inclusion to over 65,000 households till date. The appointment of Mr. Bachchan marks our next phase of expansion and we believe that Max Vijay has the potential to touch the lives of over 10 million households in the next two years", Mr. Rajesh Sud added.

Max Vijay takes into account the unpredictability and uncertainty in income flows and the difficulties faced by the common man in saving small amounts. Max Vijay offers the benefit of stable investment returns along with insurance and savings, at low entry-level premiums of Rs. 1000, Rs. 1,500 and Rs. 2,500. This is the first product in the history of life insurance where customers can submit subsequent premiums of amounts between Rs. 10 - Rs. 2,500 per day, as per their convenience, and the policy does not lapse as long as there is sufficient value in policy account to cover charges, even if no subsequent premiums are paid. Max Vijay utilizes a number of hitherto unexplored channels in life insurance distribution, including MFI's, NGO's and companies involved in National E-Governance Programme (NeGP).

Max Vijay - The product

Max New York Life Insurance Co. Ltd has revolutionized the way insurance is procured, sold and serviced through its new and innovative business concept called - 'MAX VIJAY'. It not only fulfils the customers' primary need of protection, but also facilitates long-term savings. It has been designed specifically for the underserved segment of the society to meet the unique challenges of unpredictability in life and their income flow. A unique technology driven distribution and service model ensures reach of Max Vijay to the customers even in the remotest of places.

Affordable

Max Vijay available in three premium paying options of 'Rajat', 'Swarna' and 'Heera' enables the customer to enter the plan at a minimal initial premium amount of Rs. 1000, Rs. 1500 and Rs. 2500 respectively.

The Sum Assured is guaranteed. The investment returns once credited to the policyholder's account value are also guaranteed. In case of natural death the claimant receives the guaranteed sum assured and the account value. In case of an accidental death the claimant receives the account value and double the amount of Sum Assured.

Flexible

Max Vijay provides customers the flexibility in financial planning by offering a choice to invest any amount (Rs. 10/- Rs. 2500/-), anytime, anywhere.

Accessible - Insurance at the consumers' doorstep

The distribution approach adopted for this product is designed to make insurance available in the remotest areas of the country. Neither does the product require any financial and medical underwriting nor any supporting documents for age, etc. In terms of documentation, the customer is required to fill a simple one-page form and submit only an ID proof to own the policy.

Lapse-free

The policy will not lapse as long as there is sufficient value in the policy account to meet the charges.

Robust backend support through internationally renowned partner

The company has tied-up with IBM to provide end-to-end technology backbone for fulfillment.

About Max New York Life Insurance (www.maxnewyorklife.com)

Max New York Life is a joint venture between Max India Ltd., one of India's leading multi-business corporate and New York Life International, the international arm of New York Life, a Fortune 100 company. Max New York Life Insurance, incorporated in 2000, is one of India's leading and most admired life insurance companies. The company offers both individual and group life insurance solutions. It has established a wide distribution network across India. Through its wide network of highly competent life insurance agent advisors and flexible product solutions, Max New York life Insurance is creating a partnership for life with its customers in India to facilitate them to achieve more.

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

Amitabh Bachchan as the Brand Ambassador for Max Vijay
For picture(s)/data to illustrate this release click below:

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CONTACT DETAILS
Surbhi Chandra, IPAN Hill & Knowlton, +91 9958448543, surbhi.chandra@ipan.com
Garima Arora, IPAN Hill & Knowlton, +91 9891221255, garima.arora@ipan.com

KEYWORDS
CONSUMER, PEOPLE, SOCIAL, MARKETING, BANKING, Financial Analyst, TECHNOLOGY

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BWI: Tradeindia Starts China Suppliers' Section

Press release from Business Wire India
Source: Tradeindia
Monday, August 31, 2009 04:44 PM IST (11:14 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Telecommunications; Technology
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Tradeindia Starts China Suppliers' Section


New Delhi, Delhi, India, Monday, August 31, 2009 -- (Business Wire India) -- In a first, Tradeindia.com, India's largest B2B portal, became the first Indian B2B portal to start a separate section, the China Suppliers section (http://china-suppliers.tradeindia.com), to help suppliers in both China and India to get in touch with each other and also with global buyers.

Earlier Tradeindia.com, was the first B2B portal from the country to get over 1 million registered users.

In the current economic scenario two global economies, India and China are showing positive growth signs. With massive growth of Internet in the two countries, global boundaries are vanishing for buyers to source goods from large competitive suppliers based in both these countries. Also with growth in their respective economies both China and India are looking at each other to sell their goods and services among the huge consumers based in both countries.

On this occasion Bikky Khosla, CEO of Tradeindia said, "This new initiative of Tradeindia will offer an opportunity for Indian buyers to find quality Chinese Suppliers who are looking at India as a potential market, which makes sourcing lot easier for Indian buyers. Another major objective has been to offer global buyers easy access to find thousands of quality vendors on tradeindia.com from India as well as from China."

Chinese suppliers in this new section has been classified into 28 major product and service categories for the benefit of global buyers to find quality suppliers of their choice matching their interests. Having Chinese and Indian sellers together on the same platform will offer greater convenience for buyers based all over the world in identifying most reliable & cost-effective sourcing options for their importing needs and thus help suppliers of both countries gain more exposure.

About Tradeindia:

Tradeindia is maintained and promoted by Infocom Network Ltd. Infocom Network Ltd, an ISO 9001: 2000 certified company, started its operations in the year 1990 and conceptualized Tradeindia in 1996, when Internet took off in India. Since then the company has created a niche for itself as India's largest B2B marketplace, offering comprehensive business solutions to the global EXIM community through its wide array of online services, directory services and facilitation of trade promotional events. Tradeindia is an ideal forum for buyers and sellers across the globe to interact and conduct business smoothly and effectively.

With an unmatched expertize in data acquisition and online promotion, Tradeindia subsumes a huge number of company profiles and product catalogs under 1,522 different product categories and sub-categories. It is well promoted on all major search engines and receives an average of 13.5 million page views per month. With all the quality offerings Tradeindia has on offer that today as per estimates the company is contributing over US$ 3.5 billion of business to India' international trade.

As of today tradeindia has a database of 11,95,218 registered users & going to touch 1.2 Million users mark soon to add another feature to its cap.


CONTACT DETAILS
Vishal Grover, Tradeindia, +91 9810597096, vishal@tradeindia.com

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

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BWI: Government Sops for SMEs Welcomed by Entrepreneurs

Press release from Business Wire India
Source: IndiaMART
Monday, August 31, 2009 04:30 PM IST (11:00 AM GMT)
Editors: General: Consumer interest, Social issues; Business: Business services, Information technology, Media & entertainment, Telecommunications; Technology
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Government Sops for SMEs Welcomed by Entrepreneurs


New Delhi, Delhi, India, Monday, August 31, 2009 -- (Business Wire India) -- -- Relaxation in Lending Limits upto 6% for Micro Enterprises
-- Credit Monitoring Cell to Monitor Credit Related Issues
-- Specialized Training in Export Management for SMEs

Micro, Small and Medium Enterprises (MSMEs) in India now have reason to feel upbeat, if some recent steps taken by the Government of India are to go by. In order to boost MSME productivity and encourage exports, the government is reportedly considering a hike in the sub-limit within priority sector lending for the micro sector, from 4.9 per cent to 6 per cent. To top it, a credit monitoring cell is also being set up to resolve issues that MSMEs face in their dealings with banks.

The government has also decided to start a specially designed training course on export management in order to educate SMEs on various domains like institutional set-up for export promotion, export trade correspondence, export incentives, INCOTERMS export documentation, export finance/credit, export credit guarantee scheme/policies etc.

The relaxation in lending limits will help an additional funding of Rs 17,000 crore for the MSME sector, according to estimates by the Federation of Indian Small and Medium Enterprises (FISME). On the other hand, the credit monitoring cell would step in to resolve pending cases which have not been resolved by the bank within 14 days.

"The government's latest decisions have been longstanding demands of the SME sector. Getting help has always been a complicated process and remained a big entry barrier for the not-too-savvy small entrepreneur. These decisions come as welcome developments for all SMEs. I am sure, this will not just boost the SME sector's growth, but will also provide fresh impetus to small entrepreneurs to explore more efficient ways of contributing to the nation's economy", says Dinesh Agarwal, CEO and Founder of IndiaMART.com.

"IndiaMART.com has always been an activist and evangelist in pushing for a better deal for SMEs. These developments only vindicate the efforts made by Mr. Dinesh Agarwal to help us grow," said an upbeat Mr. Manish Kumar, CEO of Madhulika Online, Dhanbad. Parikh Packaging Pvt Ltd, which has been an SME for the last 5 years, "SMEs are seldom heard by the government because we are too small. IndiaMART has been our voice in front of the government, and we are glad that the government has woken up and started looking at the SME sector with a proactive policy." He concluded.

About IndiaMART.com

IndiaMART.com is India's largest online B2B marketplace connecting global buyers with suppliers through business directories, online product catalogs, buy-sell offers, industry specific marketplaces, printed media and trade shows participation.

Founded in 1996, the company has a presence in over 100 cities pan-India. With approximately 1000 employees, IndiaMART.com offers an extensive range of value-added products and services to over 500,000 members and over 5 million global buyers across industries and verticals.

IndiaMART.com has won numerous awards over the years including Red Herring 100 Asia & Emerging India and the company has been widely covered by media such as CNBC, BBC, BusinessMoney, CNN, Businessworld, Economic Times, Financial Express, etc. Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd (Times Group), India's largest print media group.

For more information, please visit: www.indiamart.com/press-section/


CONTACT DETAILS
Arun Tyagi, Marketing and PR, IndiaMART, +91 9711003832, +91 (120) 3911000, pr@indiamart.com

KEYWORDS
CONSUMER, SOCIAL, BUSINESS SERVICES, IT, MEDIA, TELECOMMUNICATIONS, TECHNOLOGY

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BWI: Ibibo.com to Produce and Release Albums for Rock Bands on Mobile and Web

Press release from Business Wire India
Source: Ibibo.com
Monday, August 31, 2009 03:05 PM IST (09:35 AM GMT)
Editors: General: Consumer interest, Entertainment; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment, Telecommunications; Technology
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Ibibo.com to Produce and Release Albums for Rock Bands on Mobile and Web


New Delhi, Delhi, India, Monday, August 31, 2009 -- (Business Wire India) -- ibibo.com in association with Counter Culture Records launches "The Rising Rock Stars of India"- an online platform that encourages fresh talent and emerging rock bands across India. As a part of the platform every month one band will get an opportunity to record a professional album and the same will be marketed by ibibo across the web and mobile. The original compilations will be available for ring tone downloads and dedications on the web and mobile. This is a first of its kind initiative where-in emerging rock band albums are being released digitally. Over the next 6 months ibibo will produce 6 Rising Rock bands of India and give them an opportunity to perform Live in various cities.

"It is a unique online platform that promotes rock bands and brings them closer to their fans across the country. This program is in line with ibibo's vision to incubate talent in India and give young, upcoming and rising Indian rock acts a chance to showcase themselves and release their albums." said Ashish Kashyap, CEO ibibo.com.

The Rising Rock Star panelists along with the ibibo fan community will choose one band every month for the next six consecutive months. The panelists are all eminent musicians and individuals who have a rich music based background- Amit Kilam from Indian Ocean, Randolph Correia from Shaa'ir + Func fame, Malini Agarwal the famous RJ, Saurabh Kanwar from Channel [V] and KJ Singh. Six rock bands will get a chance to cut an album with Counter Culture Records and ibibo.com.

"There is some fantastic talent coming out of India right now, and the number of new bands writing their own material only keeps growing. Through 'The Rising Rock Stars of India' we hope to be able to give some of these bands exposure to a more professional set-up, the opportunity to explore their talent and to record an album" commented Vijay Nair, Director, Counter Culture Records, Only Much Louder.

Each of the 6 rising rock bands will promote their album on a 3 city tour, reaching out to audiences on ground as well.

About ibibo.com:

Ibibo is India's first entertainment and talent based social network service. ibibo has created various platforms for users to express and share their talent and meet their need of achieving "recognition" and "status". ibibo.com was launched in January 2007 and has a growing young Indian user base. On Ibibo the user is empowered to express themselves using various social media tools. Further, the users create their social graph comprising new found connections, which also becomes an audience for their talent and expression. It is this audience which votes, comments and interacts with the users expressions thereby fulfilling the need for "RECOGNITION" and hence popularity and eventual fame. The ecosystems works in a manner where in the user in turn becomes an audience for some one else's talent.

About Counter Culture Records:

Counter Culture Records is an independent music label based in Mumbai, India that actively pursues new sounds and is dedicated to providing a platform for talented artists and bands to release their music, enabling them to reach wider audiences. Established in March 2007, it is one of India's first independent music labels.


CONTACT DETAILS
Manisha Chaudhary, Value 360 Communications, +91 9899797810, manisha@value360india.com

KEYWORDS
CONSUMER, ENTERTAINMENT, MARKETING, BUSINESS SERVICES, IT, MEDIA, TELECOMMUNICATIONS, TECHNOLOGY

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BWI: Indian Angel Networks Partners IIT Bombay for Asia’s Largest Business Plan Competition – Eureka!

Press release from Business Wire India
Source: Indian Angel Network
Monday, August 31, 2009 02:33 PM IST (09:03 AM GMT)
Editors: General: Consumer interest; Business: Business services, Education & training, Media & entertainment, Retailers; Technology
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Indian Angel Networks Partners IIT Bombay for Asia's Largest Business Plan Competition - Eureka!
India's Largest Business Angel Group Now Exclusive Partners for Asia's Largest Business Plan Competition to be held in India - EUREKA! 2009 Organized by IIT Bombay

New Delhi, Delhi, India, Monday, August 31, 2009 -- (Business Wire India) -- CNN declared EUREKA! as ASIA's Largest B-Plan Competition in 2001 and it has retained this title till date. This year Indian Angel Network have partnered IIT Bombay for EUREKA! 2009 as exclusive angel partners. As a part of this association IAN member jury will short list the business plans, mentor the finalists and share their deep domain knowledge as lead speakers at all the events. From a few thousands to the top 50, the IAN jury will select the plans and mentor the candidates in groups and individually across the top four metros in the country.

EUREKA! has been growing in scale year on year, the number of entries have gone up consistently. Eureka! 07 witnessed around 1500 registrations out of which about 150 were from outside India. The number of entries for Eureka! 2008 were around 2200, an increase of 50% as compared to last year. The prize money for Eureka! 06 was 4.5 lakh which was increased threefold for Eureka! 2007 to around Rs. 14 lakh.

Indian Angel Network is Asia's largest growing business angel network with a member base of 100 members. IAN's partnership gives EUREKA! a unique advantage all participants will get an opportunity to establish contact with major IAN investors who could take their ideas to the next level while the shortlisted participants will go through intensive mentoring sessions. IAN spearheads the cause of innovation and growth of the entrepreneurial ecosystem in the India. "Angel investing is a key for the startup ecosystem today. IAN is focused on supporting and mentoring enterprises that create value and scale" said Mr. Ajay Garg, IAN Member.

Eureka's total prize money for the event is INR 2.1 Million [50,000 USD].Workshops for the event will be conducted in Mumbai, RVCE Banglore, FMS Delhi, Chennai. Also, for the first time ,a workshop is being held outside India , in SINGAPORE , with the partnership of NUS Singapore Entrepreneurship Society

About Indian Angel Network:

India's first and now the largest angel network, Indian Angel Network, brings together successful entrepreneurs and CEO's who share a passion to enable more early stage business to create scale and value. http://www.indianangelnetwork.com/


CONTACT DETAILS
Nipun Kapur, DIGIQOM SOLUTIONS, +91 9818450157, nipun.k@digiqom.com

KEYWORDS
CONSUMER, BUSINESS SERVICES, EDUCATION, MEDIA, RETAIL, TECHNOLOGY

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Saturday, August 29, 2009

BWI: Dove Bathing Bar Offers a Platform for Real Women in India

Press release from Business Wire India
Source: Hindustan Unilever Limited
Saturday, August 29, 2009 11:16 AM IST (05:46 AM GMT)
Editors: General: Consumer interest, Lifestyle, People; Business: Advertising, PR & marketing, Household & personal care products & services
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Dove Bathing Bar Offers a Platform for Real Women in India
India's Real Women.Unveiled!

Mumbai, Maharashtra, India, Saturday, August 29, 2009 -- (Business Wire India) -- Dove, cream bathing bar from the house of Hindustan Unilever Limited, revealed eleven winners across India for the Dove Real Woman Face Test campaign. The lucky winners are Sweety Massy from Bangalore, Omini Gill from Noida, Vaani Kapoor from Delhi, Swati Kumar from New Delhi, Noor Ansal from New Delhi, Raashi Khanna from New Delhi, Sonal Bole from Mumbai, Simran Chana from Mumbai, Supritha Shetty from Mumbai Madhavy Raj from Chennai and Radhika Shah from Kolkata.

The first phase of the Real Women Face Test campaign was kicked off with the contestants sending a SMS to receive a free Dove bar. Post receiving the SMS, Dove would call the individual and send them a free sample of the product. The consumers after receiving the product tested the product and send their photograph along with their testimonials sharing their Dove Experience. The Dove Real Women Face Test campaign received an overwhelmingly 4500 entries out of which eleven winners were chosen based on their experience and their testimonials.

Basking in the glory of winning the Dove Real Women Face Test campaign, the elated Ms. Supritha Shetty from Mumbai commented, "I had heard about the Dove Real woman Face Test campaign in the media and decided to participate. After using the product I was very impressed with the moisturizing effect of Dove that left my face feeling soft and smooth. Today I am a complete advocate of Dove and its moisturizing properties. To add to my delight I was also chosen one of the winners of the campaign! I now recommend all my friends to use Dove."

Watch out for the revelation of the faces of the winners in the media which will be unveiled in the coming week!

About Dove

Dove soap, which was launched by Unilever in 1957, has been available in India since 1995. It provides a refreshingly real alternative for women who recognize that beauty is not simply about how you look, it is about how you feel. The skin's natural pH is slightly acidic 5.5-6. Ordinary soaps tend to be alkaline, with pH higher than 9. Dove is formulated to be pH neutral (pH between 6.5 and 7.5) and to be mild on skin. This makes it suitable for all skin types for all seasons. While Dove soap bar is widely available across the country, Dove Body Wash is available in select outlets.

Globally, Dove has been extended to many other countries. Since the 1980s, for example, Unilever has launched a moisturising body-wash, deodorants, body lotions, facial cleansers and shampoos and conditioners, providing a comprehensive range of solutions to bring out true inner beauty.

To view the photographs, click the links below:

Raashi Khanna, New Delhi

Sweety Massy, Bangalore

Noor Ansal, New Delhi
For picture(s)/data to illustrate this release click below:

http://www.BusinessWireIndia.com/attachments/PIC1(65).JPG
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CONTACT DETAILS
Sabina Lama, IPAN Hill & Knowlton, +91 (22) 22661755, sabina.lama@ipan.com
Rashmi Sharma, IPAN Hill & Knowlton, +91 (22) 40661755, Rashmi.Sharma@ipan.com

KEYWORDS
CONSUMER, LIFESTYLE, PEOPLE, MARKETING, HOUSEHOLD, HUL.BO, HINDUNILVR.NS

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Friday, August 28, 2009

BWI: TERI and Nikkei to Host the First Global Eco-Business Forum to Strengthen Indo- Japan Partnership

Press release from Business Wire India
Source: The Energy and Resources Institute (TERI)
Friday, August 28, 2009 06:23 PM IST (12:53 PM GMT)
Editors: General: Consumer interest, Environment; Business: Advertising, PR & marketing, Business services, Energy companies, Media & entertainment; Technology
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TERI and Nikkei to Host the First Global Eco-Business Forum to Strengthen Indo- Japan Partnership


New Delhi, Delhi, India, Friday, August 28, 2009 -- (Business Wire India) -- As per the Kyoto Protocol, the developed countries are increasingly looking towards developing nations for collaborations in the area of reducing greenhouse emissions through introduction of environment and energy technologies and also earn carbon credits.

For the first time, Nikkei's Global Eco-Business Forum, a conglomerate of government and private sector business enterprises from Japan are coming together in New Delhi on 5th September, 2009 to set up partnerships and collaborations in India for introducing energy technologies aimed at reducing greenhouse emissions. The Energy and Resources Institute (TERI) is the knowledge partner. The forum will deliberate and discuss the areas of technological development and deployment to promote an ecologically sustainable growth.

This seminar brings together Dr. Kiyoshi Kurokawa, Former Energy Advisor to the Prime minister of Japan, Dr. Rajendra K Pachauri, Director- General TERI and Chairman IPCC, and Mr. Kohei Osada, Chairman, Nikkei Digital Media Inc. amongst other distinguished luminaries such as Shri Ajay Shankar, Secretary, Department of Industrial Promotion and Policy (Ministry of Commerce & Industry), Mr. Raj Chengappa, Managing Editor, India Today & Member of the Prime Minister's Council on Climate Change, and Mr. Sanjay Seth, Bureau of Energy Efficiency (BEE), Ministry of Power, Government of India, etc.

Elaborating on the need for such partnerships, Dr. Rajendra K Pachauri, Director- General TERI and Chairman IPCC, said, "I have long believed that Japan and India should develop a strategic partnership in a number of areas and I am certain that Nikkei's initiative would provide an excellent platform for taking up the partnership to a new enhanced level."

The seminar is being held in association with Mitsubishi Estate and M/s Sun and Sands Advisors. Speaking about the forum and its objectives, Mr. Sanjeev Sinha, President Sun and Sands Advisors Co. Ltd. said, "To strengthen this partnership, the forum seeks to contribute by bringing together the thought leaders and industrialists from both countries. The forum is the second leg of Global Eco-Business Forum hosted by Nikkei Inc. to be held in New Delhi with Dr. Rajendra Pachauri as the key note speaker."

Nikkei is a leading Japanese media conglomerate and the event is expected to generate substantial interest in India and Japan. The event is being held with the support of top Japanese government institutions like Japan Bank of International Cooperation (JBIC), Japan International cooperation Agency (JICA) and Japan External Trade Organisation (JETRO) amongst others.


CONTACT DETAILS
Rajiv Chhibber, The Energy and Resources Institute (TERI), +91 (11) 24682100, Extn - 2324, +91 9810426698, rajivc@teri.res.in
Tushita Mukherjee, The Energy and Resources Institute (TERI), +91 (11) 24682100, Extn - 2246, +91 9871204990, tushitam@teri.res.in

KEYWORDS
CONSUMER, ENVIRONMENT, MARKETING, BUSINESS SERVICES, ENERGY, MEDIA, TECHNOLOGY

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BWI: Volkswagen Group India Holds a Positive Outlook

Press release from Business Wire India
Source: Volkswagen
Friday, August 28, 2009 06:13 PM IST (12:43 PM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Automotives, Business services, Media & entertainment, Retailers; Automotive
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Volkswagen Group India Holds a Positive Outlook
Prof Dr Jochem Heizmann Highlights the Commitment of Volkswagen to the Indian Market during SIAM Annual Convention 2009

New Delhi, Delhi, India, Friday, August 28, 2009 -- (Business Wire India) -- During his participation in SIAM Annual Convention 2009, Prof Dr Jochem Heizmann, Member of the Management Board, Volkswagen AG presented a positive outlook for the automotive industry in India in the coming years. Speaking as one of the panelists for the topic "REVIVAL - The Current & Future State of the Global Automotive Industry & Positioning of the Automotive Industry in India", Prof. Heizmann said, he sees a growth especially for passenger car market. He also mentioned that the growth can further be enhanced through various government incentivised initiatives such as vehicle replacement program.

According to Prof Heizmann, year 2009 has seen a marginal growth and India is going to play a vital role to keep up the momentum and reviving the industry globally. During his presentation, Prof Heizmann also highlighted Volkswagen Group's ambitious plans for the India market as the company is targeting capturing 8-10% of market share within the next four to six years. He also talked about the investments that Volkswagen has made through Skoda's plant in Aurangabad and recently opened Volkswagen's plant in Chakan, Pune.

The Chakan Plant will be producing the soon to be launched the 5th generation Polo in India. With an investment of 580 million Euro (i.e. around 38 billion rupees, or 3,800 crores INR), it has a capacity of producing 1, 10,000 cars /year.

Speaking on the occasion, Prof Heizmann said, "Volkswagen Group is present in India since 2001 when Skoda entered the market. Since then, we have launched 15 different models across Group brands, which is a unique success even compared with other manufacturers in India. This strategy has been successful, a clear sign of which is our positive year-on-year growth."

Taking into consideration on Volkswagen's focus on growth markets, India assumes an important position since the automobile market here will go from its present 1.1 million vehicles sold per year to 2 million vehicles in 2014.

Sharing his views on this, he said, "India is a huge market that we believe offers us potential. In India, the passenger vehicle segment has seen a growth despite the current market situation and Volkswagen plans to tap this. With the varied models across our brands as well as the establishments that have been set up we hope to be able to cater to our customers as well as dealers in the best possible manner."

"Volkswagen is committed to the Indian market, the proof of which is the constant investment and growth that we provide through the various projects initiated. India is one of our key markets and we know that the future harbors a huge potential. One of our biggest commitments is the Polo that we plan to introduce soon." he further added.

Every year, the Society of Automobile Manufacturers (SIAM) hosts an Annual Convention focusing on issues influencing the Indian automotive industry's competitiveness and its integration with the global economy. The theme of this year's Annual Convention was "Auto Industry: Revival, Restructuring & Sustainable Growth". Prof Heizmann spoke at the plenary session which ended at a positive note focusing on "Revival". At a time, when the world is facing a recession, he was able to integrate what policies in place would improve the situation as well as how India could see the way forward.

About Volkswagen Group:

The Volkswagen Group with its headquarters in Wolfsburg, Germany, is one of the world's leading automobile manufacturers and the largest car producer in Europe. The Group consists of ten brands: Volkswagen, Audi, Bentley, Bugatti, Lamborghini, Porsche, Scania, SEAT, Skoda and Volkswagen Commercial Vehicles. Each brand has its own character and operates as an independent entity on the market. The product range extends from low-consumption small cars to luxury class vehicles. In the commercial vehicle sector, the product offering spans pick ups, buses and light trucks.

To view the photographs, please click on the links given below:

Prof. Heizmann Member of the Management Board of VW AG with the responsibility of Group Production at the SIAM conference with other panelists

Prof. Heizmann Member of the Management Board of VW AG with the responsibility of Group Production during his speech at the SIAM conference
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CONTACT DETAILS
Kurt Rippholz, Volkswagen Group India, +91 9930455597, kurt.rippholz@volkswagen.co.in
Ruby Sinha, 20:20 Media, +91 9811639657, ruby@2020india.com
Megha Tripathi, 20:20 Media, +91 9899186411, megha@2020india.com

KEYWORDS
CONSUMER, PEOPLE, MARKETING, AUTOMOTIVE, BUSINESS SERVICES, MEDIA, RETAIL, AUTOMOTIVE

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BWI: Novartis India Limited – OTC Business Unit, Launches Otrivin in a Nasal Spray Format

Press release from Business Wire India
Source: Novartis India Limited
Friday, August 28, 2009 01:07 PM IST (07:37 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Healthcare, biotechnology & pharmaceutical, Household & personal care products & services; Healthcare
--------------------------------------------------
Novartis India Limited - OTC Business Unit, Launches Otrivin in a Nasal Spray Format


Mumbai, Maharashtra, India, Friday, August 28, 2009 -- (Business Wire India) --
-- Novartis India launches Otrivin in a Nasal Spray format in India in the OTC category.

-- Otrivin Nasal Spray, priced at Rs 44 for a 10 ml spray bottle, will be available at chemist stores. It can be bought without a prescription.

-- Otrivin will now be available as a topical nasal decongestant in a modern easy-to-use direct acting spray format, used for the relief of nasal congestion in cases of common cold, sinusitis and rhinitis.

-- The nasal spray can also be used as a dropper.

-- Otrivin acts locally inside the nose resulting in relief from blocked nose within 2 minutes and works for as long as 10 hours helping a person with a blocked nose to keep pace with his/her normal routine

Novartis India Limited - OTC Business Unit, part of Novartis' operations in India, launched Otrivin in a Nasal Spray format. Otrivin will now be available as a topical nasal decongestant in a modern easy-to-use direct acting spray format in India. Otrivin Nasal Spray will be available over-the-counter (OTC) at chemist stores and is priced at Rs 44 for a 10 ml unit.

Otrivin has been the market leader in the Nasal Decongestant category, and has been trusted by health care professionals for several decades. It is now available as an OTC nasal decongestant in spray form that acts directly by constricting the blood vessels in the nasal tissues leading to relief from nasal congestion. Otrivin formulation comprises of Xylometazoline 0.1% and is indicated for the symptomatic relief of nasal congestion due to colds, seasonal and perennial allergic rhinitis and sinusitis. The product is positioned to be a part of the cough/cold and allergies segment, an estimated Rs 1,550 crore market in India. Of this, the nasal decongestion segment is about Rs 110 crore. Current market share of Otrivin is approximately 27% as per ORG-IMS MAT June'09 figures. With Otrivin as an OTC the market share is expected to increase by 3-5%

The OTC nasal decongestion segment comprises remedies ranging from balms to tablets, inhalers and nasal drops. In the case of Otrivin nasal spray, in order to apply the medication the consumer needs to hold his head upright and simultaneously spray the medication in a nostril and inhale. The nasal spray can also be used as a dropper.

"A common cold can slow down the pace of life. Our target group is each and every consumer who is not able to keep pace with their normal routine because of nasal congestion and is looking for fast relief. Otrivin nasal spray will help them manage their common cold symptoms more efficiently though a direct acting solution. It acts locally inside the nose within 2 minutes and works for as long as 10 hours." said Mr Vineet Singhal, OTC BU Head India for Novartis.

About Novartis

Novartis AG provides healthcare solutions that address the evolving needs of patients and societies. Focused solely on healthcare, Novartis offers a diversified portfolio to meet these needs: innovative medicines, cost-saving generic pharmaceuticals, preventive vaccines, diagnostic tools and consumer health products. Novartis is the only company with leading positions in these areas. In 2008, the Group's continuing operations achieved net sales of USD 41.5 billion and net income of USD 8.2 billion. Approximately USD 7.2 billion was invested in R&D activities throughout the Group. Headquartered in Basel, Switzerland, Novartis Group companies employ approximately 98,000 full-time-equivalent associates and operate in more than 140 countries around the world. For more information, please visit http://www.novartis.com.


CONTACT DETAILS
Svetlana Pinto, Corporate Communications, Novartis India Limited, +91 (22) 24951074 / +91 98210 54884, svetlana.pinto@novartis.com
Saima Gaziani, PRaxis Media, +91 93205 44995, praxismedia.pr@gmail.com
Yashoda Karkera, PRaxis Media, +91 9930050101, praxismedia.pr@gmail.com

KEYWORDS
CONSUMER, MARKETING, HEALTHCARE, HOUSEHOLD, HEALTHCARE, NOVARTIS.BO

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Thursday, August 27, 2009

BWI: First Unreserved Equipment Auction by Ritchie Bros. on September 25, 2009 in Hyderabad, India

Press release from Business Wire India
Source: Ritchie Bros.
Thursday, August 27, 2009 06:38 PM IST (01:08 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment, Retailers; Technology
--------------------------------------------------
First Unreserved Equipment Auction by Ritchie Bros. on September 25, 2009 in Hyderabad, India
World's Largest Industrial Auctioneer ready for Indian Equipment Market and will be conducting free "How to Bid" Seminars for Interested Equipment Buyers

Hyderabad, Andhra Pradesh, India, Thursday, August 27, 2009 -- (Business Wire India) -- Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer, will conduct its first ever auction in India on September 25, 2009 in Hyderabad. A large selection of construction, transportation and agricultural equipment items will be sold with no minimum bids or reserve prices on auction day. The auction is open to the public; registration to bid is free. The unreserved public auction is expected to attract an international crowd of bidders.

Interested buyers can bid in person at the Hyderabad auction site, online in real time through the Ritchie Bros. web site (www.rbauction.com) or by proxy. To help interested equipment buyers, Ritchie Bros. will also be conducting a free "How to Bid" seminar in Hyderabad on September 11, 2009.

"We've welcomed a growing number of equipment buyers and sellers from India and surrounding countries to our unreserved public auctions around the world over the past decade; now we're ready to bring our auctions to India," said Guylain Turgeon, Senior Vice President and Managing Director, Ritchie Bros. Auctioneers. "There are many interesting construction and infrastructure projects being planned and undertaken in India, especially since the latest election. More than ever, Indian companies need good quality, used equipment that can be purchased at fair market prices and put to work instantly, which is exactly what we offer at our unreserved public auctions."

Every Ritchie Bros. auction is unreserved, meaning there are no minimum bids or reserve prices. Ritchie Bros. also forbids owners from bidding on their own items, which ensures that the bidders set the prices, not the sellers.

Sameer Malhotra, Ritchie Bros. Country Manager India, is looking forward to the first unreserved Ritchie Bros. auction in his home country. "Ritchie Bros. has always believed in sustainable growth based upon enduring customer relationships and that is how we've approached the Indian market," said Mr. Malhotra. "We already have hundreds of Indian customers who've travelled to experience the benefits of a Ritchie Bros. auction in person: the large selection of used and unused equipment, the exciting atmosphere and most of all, the fair and transparent bidding process. Now it's time to bring that experience closer to home."

Ritchie Bros. will sell a large selection of equipment on September 25 in Hyderabad, including cranes, hydraulic excavators, wheel loaders, crawler tractors and dump trucks. Additional items will be added to the auction catalog in the coming weeks. Ritchie Bros. welcomes anyone with equipment to sell to contact the Ritchie Bros. office in New Delhi at +91.11.4141.4444 to talk about selling their items at the Hyderabad auction.

"Ritchie Bros. is a full-service auction company, " Mr. Malhotra explained. "We take care of everything for equipment sellers, including appraisals, worldwide advertising and marketing, meeting with potential buyers and collecting and disbursing the proceeds of sale. Sellers can rest easy knowing that every detail is taken care of and that they will receive the proceeds of sale within three weeks of the auction. Selling through Ritchie Bros. is a fast, efficient way of turning equipment into cash. If you have equipment or trucks to sell, contact us today and have your machines sold to bidders from around the world at the first unreserved Ritchie Bros. auction in India."

Sandeep Garg, president of the New Delhi-based company Punj Lloyd Ltd., has been a Ritchie Bros. customer for several years. "Ritchie Bros. auctions are amazing," said Mr. Garg. "The selection of equipment is incredible, the pace of the auction is fast and the whole process is very fair and efficient. I know that the equipment will be sold, I can inspect it before the auction and, if I'm the successful bidder, the equipment is available right away."

Free "How to Bid" seminar details

-- Location: Hotel Taj Banjara Hyderabad, Road No. 1, Banjara Hills, Hyderabad, India
-- Time and date: 6 p.m., Friday, September 11, 2009
-- RSVP by phone or email: mgrennell@rbauction.com or +91.11.4141.4444

Auction details

-- Location: Rajiv Gandhi International Airport, Shamshabad, Ranga Reddy district, Pin-500409, Andhra Pradesh, India (phone: +91.11.4141.4444)
-- Time and date: Friday, September 25, 2009 (auction starts at 9:30 a.m.)
-- How to bid:

1. In person - registration begins at the auction site several days before the auction. Photo I.D. is required.

2.Online in real time - register online at www.rbauction.com, at least 2 - 3 days before the auction for first-time internet bidders.

3. By proxy - phone the auction site to place a proxy bid.

-- The auction is open to the public; registration to bid is free. Bidders must place a refundable bid deposit equivalent to greater of 25% of their estimated purchases or Rs. 10,00,000. More information for bidders can be found at www.rbauction.com/india.

About Ritchie Bros.

Established in 1958, Ritchie Bros. Auctioneers (NYSE and TSX: RBA) is the world's largest industrial auctioneer, selling more equipment to on-site and online bidders than any other company in the world. The Company has over 110 locations in more than 25 countries, including 39 auction sites worldwide. Ritchie Bros. sells, through unreserved public auctions, a broad range of used and unused industrial assets, including equipment, trucks and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum and marine industries. The Company maintains a web site at www.rbauction.com and sponsors an equipment wiki at www.RitchieWiki.com.


CONTACT DETAILS
Sameer Malhotra, Country Manager, Ritchie Bros. Auctioneers, +91 (11) 41414444, smalthotra@rbauction.com
Alexander Ypeij, Communications Specialist Europe, Ritchie Bros. Auctioneers, +31.765.242.600, aypeij@rbauction.com
Vicki Cunningham, Corporate Communications Specialist, Ritchie Bros. Auctioneers, +1.604.329.7663, vcunningham@rbauction.com
Tanvi Sharma, Positive Communications, +91 9871058649, +91 (11) 43440044, tanvi@positiveindia.biz

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, MEDIA, RETAIL, TECHNOLOGY

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BWI: Global Management Forum brings Disney Institute Professional Development in India

Press release from Business Wire India
Source: Global Management Forum
Thursday, August 27, 2009 05:40 PM IST (12:10 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Education & training, Information technology; Technology
--------------------------------------------------
Global Management Forum brings Disney Institute Professional Development in India
Companies in India to learn the 'Business behind Magic'

New Delhi, Delhi, India, Thursday, August 27, 2009 -- (Business Wire India) -- Global Management Forum, an enterprise of Saviance Technologies, will be hosting renowned Disney Institute professional development programs in five cities in India. Program attendees will learn about Disney's best business practices and how they can adapt those principles to their organizations. Each two-day event will give business professionals an opportunity to "Experience the Business Behind the Magic."

President and CEO of Saviance Technologies, Rohit Mahajan said, "Disney Institute is a leader in professional development programs, having trained more than a million people from 35 countries and 40 industries. It is our pleasure to bring Disney Institute to India. Having attended these workshops before, I am extremely excited to introduce the 'simple, yet powerful' strategies that Disney applies in its daily business life, to the dynamic Indian business environment."

Mahajan added, "As a Disney Institute sponsor, Global Management Forum also has the ability to customize the training for clients per their requests. We encourage other organizations to participate and apply Disney magic to their own businesses."

Global Management Forum will host Disney Institute workshops in five Indian cities. To view the schedule, please click on the link given below:

Schedule for Workshops

The two workshops will feature the following programs:

Disney's Approach to Quality Service - showcases Disney best practices in the area of service. Participants will:

-- Explore world-renowned Disney principles for service excellence
-- Explore qualitative and quantitative techniques for knowing and understanding customers.
-- Discover service standards that provide a framework for making quality decisions.
-- Examine delivery systems that ensure positive customer experiences.

Disney's Approach to Inspiring Creativity - highlights ways to foster "everyday innovation." Participants will:

-- Explore ways to nurture an organization's culture to create maximum value
-- Discover how to use the creative process to increase overall productivity
-- Learn how to leverage talent and goals to establish high-performance teams and foster creativity
-- Determine how to create value by aligning new ideas with brand identity

"Delivering great service is critical for companies looking to survive and prosper in these turbulent economic times," said Jeff James, vice president for Disney Institute. "This program is a rare opportunity for business professionals to go inside the Disney organization and learn innovative, easy-to-implement best practices that can give them the competitive edge."

For registration, please visit: www.saviance.com/disney/registration

About Disney Institute

Disney Institute was created to showcase "the business behind the magic" - Disney best practices that easily adapt to other organizations. One of the most recognized names in professional development, Disney Institute travels the world offering engaging seminars, workshops and presentations, as well as fully customized programming. Immersive learning experiences are also offered at Disney destinations in the Americas, Europe and Asia, enabling participants to go behind the scenes and see firsthand how business theory drives operational excellence. The Disney Institute client roster includes more than half of the Fortune 500 and a wide range of small businesses, non-profits and government agencies. To learn more about Disney Institute, please visit www.disneyinstitute.com.

About Global Management Forum

The Global Management Forum is an enterprise of Saviance Technologies, a leading enterprise technology solutions provider. Global Management Forum develops and promotes unique and exceptionally practical management thoughts and practices. We have an innovative approach to equipping professionals from all fields and at all levels with a core set of conceptual tools and strategies for success. Having been educated at prestigious institutions like Wharton and Harvard, our Management Team includes strategic thinkers and practitioners who have a deep understanding, unique perspective and hands-on experience of the business landscape in U.S. and India The collective experience plays a pivotal role in developing targeted industry-specific solutions and implementing them through a global network of highly skilled professionals and vertical practices. Our objective lies in enabling our clients to focus on their core processes, as we partner them in meeting evolving business needs. For more information about the Global Management Forum and Saviance Technologies, please visit: www.saviance.com.
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Schedule.doc


CONTACT DETAILS
Arpan Gujral, Senior Manager, Corporate Communications, Saviance Technologies, +91 (124) 4732113, arpan.gujral@saviance.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, EDUCATION, IT, TECHNOLOGY

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BWI: Lavasa-Wipro Ink Partnership to Build India’s First Complete e-City

Press release from Business Wire India
Source: Lavasa Corporation Ltd.
Thursday, August 27, 2009 04:45 PM IST (11:15 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Construction, Information technology, Real estate; Technology
--------------------------------------------------
Lavasa-Wipro Ink Partnership to Build India's First Complete e-City


Mumbai, Maharashtra, India, Thursday, August 27, 2009 -- (Business Wire India) -- Lavasa Corporation Ltd. and Wipro Limited (NYSE:WIT) today announced their partnership for planning, implementing and managing Information & Communication Technology (ICT) services across Lavasa city. Lavasa is free India's first and largest Hill City being developed by Lavasa Corporation Ltd, a part of HCC Group. Wipro will support Lavasa city in the areas of City Management System & Services, E-Governance, ICT infrastructure and value added services, including providing intelligent home solutions and digital lifestyle. The ICT services will include voice-video-data services to various businesses operating out of Lavasa city.

The strategic partnership is intended to focus on providing integrated and effective solutions for enhancing IT operations within the Hill city. It will identify governance services and operating models, and define processes for delivering best-in-class governance. It will also provide the necessary infrastructure support including technology selection, supply, installation and management of platforms, networks, data centre etc. The estimated revenues out of this partnership from Lavasa city's first town Dasve is about US$ 100 Mn over next 10 years.

Speaking on the occasion, Mr. Rajgopal Nogja, President, Lavasa Corporation Limited, said, "For a completely new hill city like Lavasa, technology leadership is a key driver of city development and management. Wipro has proven expertise in innovative ICT solutions and this partnership will ensure a quantum leap in not only being technologically proactive but also realising our vision in becoming a completely e-governed city."

Mr. Anand Sankaran, Senior Vice President and Business Head, India & Middle East, Wipro Infotech, said, "We are delighted to be engaged in this pioneering venture of a large hill city under development. We plan to deploy cutting-edge technology and leverage our global best practices to deliver innovative services to residents and businesses operating from Lavasa. We look forward together to setting new benchmarks in ICT excellence and creating the first completely e-governed city in India."

Through this exclusive partnership Wipro will also design the detailed infrastructure for telecom services for governance, as also for the resident and visitors of Lavasa city. Wipro will provide telecom-based services that will facilitate smart homes, and buildings including integrated building management systems, physical security requirements and other on-demand services. The technology will undergo constant innovation to pave the way for developing smart cities like Lavasa in the future.

Lavasa city, being developed in an area spanning 100 sq. Kms., (one fourth the size of Mumbai) will have a self-sustaining economy of its own and will cut across the entire spectrum of socio-economic class. It will encompass hospitality, tourism and leisure on one hand and education, research and innovating businesses on the other. Lavasa city hosts a complement of global leaders in hospitality, tourism, education, healthcare, business research and industry.

About Lavasa:

Lavasa is free India's first and largest hill city being developed by HCC (Hindustan Construction Company) where people can Live, Work, Learn and Play in harmony with nature. An inclusive city, based on the principles of New Urbanism, it is fast being developed amidst 12,500 acres of land, 3 hours' drive from Mumbai and 1 hour from Pune. Lavasa will host a complement of global leaders in hospitality, tourism, education, healthcare, business research and industry. The hill city provides contemporary yet timeless architectural designs, multiple options for housing like rental housing, starter homes, apartments and villas. With state of the art infrastructure and amenities it will thus enable people to live life in full. For more information, visit www.lavasa.com.

About Wipro Infotech:

Wipro Infotech, a division of the US$5 billion Wipro Limited, provides enterprise customers with high value Information Technology Products, Software Services, Solutions and Consulting Services in India and the Middle East. Headquartered at Bangalore, Wipro Infotech serves customers in India through a network of 22 offices and 170 service locations across the country. It also has regional offices across the Middle East serving the region.

About Wipro:

Wipro Limited provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro also has profitable presence in niche market segments of consumer products and lighting. Wipro's ADSs are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange. For more information, please visit our websites at www.wipro.com, www.wiprocorporate.com, and www.wipro.in.


CONTACT DETAILS
Vaibhav Tiwari, Lavasa Corporation Ltd., +91 9820097475, vaibhav.tiwari@lavasa.com
Suman Sharma, Comma Consulting, +91 9960272661, ssharma@comma.in
Purnima Burman, Wipro Infotech, +91 9900512025, purnima.burman@wipro.com
Sandhya Shama Rao, Wipro Infotech, +91 9741100879, sandhya.shama@wipro.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, CONSTRUCTION, IT, REAL ESTATE, TECHNOLOGY

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BWI: Neuland Laboratories Announces Commercial Production of Peptides

Press release from Business Wire India
Source: Neuland Laboratories
Thursday, August 27, 2009 04:38 PM IST (11:08 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Healthcare, biotechnology & pharmaceutical; Healthcare
--------------------------------------------------
Neuland Laboratories Announces Commercial Production of Peptides
High Potent APIs to be the Growth Driver

Hyderabad, Andhra Pradesh, India, Thursday, August 27, 2009 -- (Business Wire India) -- -- Commissions a new facility for the cGMP manufacturing of High Potent APIs (HAPIs)

-- Commences work on Vitamin-D2 analogs, compounds for oncology and nucleosides besides Peptides

-- HAPI's poised to contribute to 20% of the bottom-line over the next 2-3 years

Neuland Laboratories Limited, a reliable global provider of APIs and other essential drug discovery and development support services today announced successfully commencement of manufacturing of peptides blocks by successfully commercializing the production of Fmoc Pseudoproline Dipeptides and other building blocks in India and the US subsidiary.

In the initial phase the company will target the US and Europe markets. Developing markets will follow in the next phase. Neuland's quality of products is superior with attractive pricing and it is poised to penetrate into this peptide synthesis market.

Dr. D R Rao, Chairman & Managing Director, Neuland Laboratories said, "We are committed to making Neuland Laboratories the premier peptide service facility in the world, and becoming the preferred choice for the world peptide community. Our foray into peptides is a reflection of our focused plans of being profitable and giving more value to our investors, besides growing our client base."

He added, "Over the next two years Neuland will integrate the peptide value chain by leveraging on the existing expertise in API and contract manufacturing, thus creating a niche opportunity for itself in this segment. The company will develop in-house process capabilities for commercial manufacture of peptides"

Neuland also announced its foray and focus into High potent APIs (HAPIs) thus making another stride towards bringing more value and synergy to the company's contract research and generic APIs business. The move into this niche market segment reinforces Neuland's intent to focus on opportunities that require higher barriers to entry, while also leveraging the company's existing intellectual capital and regulatory strength.

The company has commissioned a new facility for manufacturing of High Potent APIs (HAPIs). The company has also reinforced its R&D resources to support its focus on development of HAPIs.

Neuland has identified and initiated the work in the high growth areas of Vitamin-D analogs, Oncology Nucleosides and Peptides among the other HAPIs where it can capitalize its strengths in chemistry, contract research and manufacturing expertise while projecting the company's business philosophy of quality and on time delivery.

Mr. Sucheth Rao Davuluri, Chief Executive Officer (CEO), Neuland Laboratories Limited said "Advances in drug delivery technologies are opening up avenues in High potent APIs (HAPIs), peptides and other niche market segments like Vitamin D analogs. Neuland sees this as a potential area for high growth, which is a synergy with both our contract research and API business. Neuland has also commissioned a new facility for the cGMP manufacturing of High Potent APIs (HAPIs) and also adding the R&D resources to support development of HAPIs."

Neuland will continue to increase its product range by adding approximately 20 new products this year to its existing portfolio of APIs that will help sustain and grow the core capabilities of the company.

Peptides

Peptides are smaller versions of proteins, and they play a key role in regulating body functions such as the release of hormones, the regulation of blood sugar levels, bone metabolism and various neurological processes. They are
polymers made up of the naturally occurring amino acids. Peptide drugs are developed as novel therapies for cancer, pain treatment, viral infections, diabetes and a host of endocrine and neurological disorders.
The current market for peptide drugs is in the $5 billion to $10 billion ranges, and peptides are expected to be the "next generation of wonder drugs".

About Neuland Laboratories Ltd:

Neuland Laboratories ltd is a well-established, reliable global provider of API and other essential drug discovery and development services. Neuland manufactures for over 700 customers located in 85 countries. The company's customers include the top 30-pharma companies in Europe and USA.

The company's customers include the top 30-pharma companies in Europe and USA. Neuland with its experience in two decades of manufacturing has a team of scientists working for bringing complex molecules with efficient processes to market, develop non-infringing processes, develop cost effective routes, reduce impurities levels by better process understanding & reduce effluent generation.

Neuland's product portfolio spans a mix of APIs across 8 major therapeutic categories. Neuland Labs has two Research & Development facilities on the outskirts of Hyderabad. Neuland Labs key focus on Contract Research & Development Services Contract Chemistry-based services closely related to their API manufacturing business. These include Medicinal Chemistry (Discovery Support), Process Development, Drug Development Support, Analytical R&D Synthesis Laboratories, Analytical Laboratories, Kilo Laboratories and a Hydrogenation Laboratory, which are equipped with best-in-class equipments.

Besides its core business of API manufacturing, Neuland is currently focused on the two new businesses -

1. Contract Research and Manufacturing services - this is a Chemistry-based services closely related to the API manufacturing business. The facilities are housed in the Neuland R&D center. For this business, Neuland is looking at a diverse range of therapeutic areas (excluding oncology drugs), mostly for customers based in North America and Europe.

2. Clinical Research services- The Company has incorporated Cato research Neuland India for this, a JV with Cato Research Inc., to conduct clinical trials (Ph 2 and Ph 3) in India for Cato Research worldwide. The therapeutics areas and countries would be diverse, in line with Cato Research's operations.


CONTACT DETAILS
Kavita K Bhaskaran, Sampark Public Relations, +91 9987355009, kavita.bhaskaran@sampark.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, HEALTHCARE, HEALTHCARE

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BWI: Neuland Laboratories Announces Commercial Production of Peptides

Press release from Business Wire India
Source: Neuland Laboratories
Thursday, August 27, 2009 04:38 PM IST (11:08 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Healthcare, biotechnology & pharmaceutical; Healthcare
--------------------------------------------------
Neuland Laboratories Announces Commercial Production of Peptides
High Potent APIs to be the Growth Driver

Hyderabad, Andhra Pradesh, India, Thursday, August 27, 2009 -- (Business Wire India) -- -- Commissions a new facility for the cGMP manufacturing of High Potent APIs (HAPIs)

-- Commences work on Vitamin-D2 analogs, compounds for oncology and nucleosides besides Peptides

-- HAPI's poised to contribute to 20% of the bottom-line over the next 2-3 years

Neuland Laboratories Limited, a reliable global provider of APIs and other essential drug discovery and development support services today announced successfully commencement of manufacturing of peptides blocks by successfully commercializing the production of Fmoc Pseudoproline Dipeptides and other building blocks in India and the US subsidiary.

In the initial phase the company will target the US and Europe markets. Developing markets will follow in the next phase. Neuland's quality of products is superior with attractive pricing and it is poised to penetrate into this peptide synthesis market.

Dr. D R Rao, Chairman & Managing Director, Neuland Laboratories said, "We are committed to making Neuland Laboratories the premier peptide service facility in the world, and becoming the preferred choice for the world peptide community. Our foray into peptides is a reflection of our focused plans of being profitable and giving more value to our investors, besides growing our client base."

He added, "Over the next two years Neuland will integrate the peptide value chain by leveraging on the existing expertise in API and contract manufacturing, thus creating a niche opportunity for itself in this segment. The company will develop in-house process capabilities for commercial manufacture of peptides"

Neuland also announced its foray and focus into High potent APIs (HAPIs) thus making another stride towards bringing more value and synergy to the company's contract research and generic APIs business. The move into this niche market segment reinforces Neuland's intent to focus on opportunities that require higher barriers to entry, while also leveraging the company's existing intellectual capital and regulatory strength.

The company has commissioned a new facility for manufacturing of High Potent APIs (HAPIs). The company has also reinforced its R&D resources to support its focus on development of HAPIs.

Neuland has identified and initiated the work in the high growth areas of Vitamin-D analogs, Oncology Nucleosides and Peptides among the other HAPIs where it can capitalize its strengths in chemistry, contract research and manufacturing expertise while projecting the company's business philosophy of quality and on time delivery.

Mr. Sucheth Rao Davuluri, Chief Executive Officer (CEO), Neuland Laboratories Limited said "Advances in drug delivery technologies are opening up avenues in High potent APIs (HAPIs), peptides and other niche market segments like Vitamin D analogs. Neuland sees this as a potential area for high growth, which is a synergy with both our contract research and API business. Neuland has also commissioned a new facility for the cGMP manufacturing of High Potent APIs (HAPIs) and also adding the R&D resources to support development of HAPIs."

Neuland will continue to increase its product range by adding approximately 20 new products this year to its existing portfolio of APIs that will help sustain and grow the core capabilities of the company.

Peptides

Peptides are smaller versions of proteins, and they play a key role in regulating body functions such as the release of hormones, the regulation of blood sugar levels, bone metabolism and various neurological processes. They are
polymers made up of the naturally occurring amino acids. Peptide drugs are developed as novel therapies for cancer, pain treatment, viral infections, diabetes and a host of endocrine and neurological disorders.
The current market for peptide drugs is in the $5 billion to $10 billion ranges, and peptides are expected to be the "next generation of wonder drugs".

About Neuland Laboratories Ltd:

Neuland Laboratories ltd is a well-established, reliable global provider of API and other essential drug discovery and development services. Neuland manufactures for over 700 customers located in 85 countries. The company's customers include the top 30-pharma companies in Europe and USA.

The company's customers include the top 30-pharma companies in Europe and USA. Neuland with its experience in two decades of manufacturing has a team of scientists working for bringing complex molecules with efficient processes to market, develop non-infringing processes, develop cost effective routes, reduce impurities levels by better process understanding & reduce effluent generation.

Neuland's product portfolio spans a mix of APIs across 8 major therapeutic categories. Neuland Labs has two Research & Development facilities on the outskirts of Hyderabad. Neuland Labs key focus on Contract Research & Development Services Contract Chemistry-based services closely related to their API manufacturing business. These include Medicinal Chemistry (Discovery Support), Process Development, Drug Development Support, Analytical R&D Synthesis Laboratories, Analytical Laboratories, Kilo Laboratories and a Hydrogenation Laboratory, which are equipped with best-in-class equipments.

Besides its core business of API manufacturing, Neuland is currently focused on the two new businesses -

1. Contract Research and Manufacturing services - this is a Chemistry-based services closely related to the API manufacturing business. The facilities are housed in the Neuland R&D center. For this business, Neuland is looking at a diverse range of therapeutic areas (excluding oncology drugs), mostly for customers based in North America and Europe.

2. Clinical Research services- The Company has incorporated Cato research Neuland India for this, a JV with Cato Research Inc., to conduct clinical trials (Ph 2 and Ph 3) in India for Cato Research worldwide. The therapeutics areas and countries would be diverse, in line with Cato Research's operations.


CONTACT DETAILS
Kavita K Bhaskaran, Sampark Public Relations, +91 9987355009, kavita.bhaskaran@sampark.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, HEALTHCARE, HEALTHCARE

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BWI: Uttam Galva Bags ‘All India Star Exporter’ Award for 13th Consecutive Year from Engineering Export Promotion Council

Press release from Business Wire India
Source: Uttam Galva Steels Limited
Thursday, August 27, 2009 04:30 PM IST (11:00 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Heavy industries, Media & entertainment
--------------------------------------------------
Uttam Galva Bags 'All India Star Exporter' Award for 13th Consecutive Year from Engineering Export Promotion Council


Mumbai, Maharashtra, India, Thursday, August 27, 2009 -- (Business Wire India) -- -- Records exports of 2.8million tonnes of value added steel

-- Is the Highest Exporter of Galvanized Steel to the US Market

Uttam Galva Steels Limited, India's leading manufacturer - exporter of value added steel, has bagged it's 13th consecutive 'All India Star Exporter' award for Export Excellence from the Engineering Export Promotion Council (EEPC), Ministry of Commerce & Industry.

Commenting on the company's achievement, Mr. Ankit Miglani, Director (Commercial), Uttam Galva Steels Limited, said, "We are honored to receive the award for export excellence from EEPC. Bagging the award for the 13th consecutive year bears testimony to our sustained performance in the export market inspite of the global economic slowdown."

This assumes greater significance in light of the fact that Uttam Galva's exports are not for generic products but for high end products including auto grade which are tailor-made to a customer's specific requirement. The company currently exports to 142 countries. Uttam Galva steel enjoys the distinction of supplying quality steel to developed and discerning markets like US, Europe, Germany, Japan, etc.

Going ahead Uttam Galva will focus on increasing its production volumes year on year. Despite the economic slowdown the margins of the company are relatively protected due to diversity in product portfolio and geography.

The company is fully committed to manufacture high quality value added steel and will continue to supply to international firms of repute at competitive prices underlining India's strength in this sector.

About Uttam Galva Steels:

Uttam Galva Steels Limited is a one of India's largest manufacturer-exporter of value added steel products. In the domestic market, the company is a major supplier to the automobile, white goods, general engineering and construction industries. Some of its major end users include Bajaj Auto, Force Motors, Mahindra International, Tata Motors, Piaggio, Videocon, Whirlpool, Haier, Godrej, Kirloskar, Crompton, L&T, etc. The company currently exports its products to 142 countries including Australia, France, Germany, Greece, UK and USA.


CONTACT DETAILS
Kavita Bhaskaran, Sampark Public Relations, +91 9987355009, kavita.bhaskaran@sampark.com
Abhishek Subhedar, Sampark Public Relations, +91 9323373592, abhishek.subhedar@sampark.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, HEAVY INDUSTRIES, MEDIA

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BWI: Dell Launches first-of-its-kind Consumer Service Centres in Bangalore and Delhi

Press release from Business Wire India
Source: Dell India
Thursday, August 27, 2009 02:21 PM IST (08:51 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Information technology; Technology
--------------------------------------------------
Dell Launches first-of-its-kind Consumer Service Centres in Bangalore and Delhi


Bangalore, Karnataka, India, Thursday, August 27, 2009 -- (Business Wire India) -- -- Two exclusive Dell Consumer Service Centres in India

-- An option customers can exercise in addition to the in home (onsite) warranty

-- Offers customers more choice and flexibility

Dell Consumer customers will have much to look out for with the launch of the India's first-of-its kind two exclusive Dell Consumer Service Centres in Bangalore and Delhi. This is integral to Dell's Consumer Services & Support strategy enabling Dell to offer more choice and flexibility to our customers.

The launch has been significant for Dell as India is one of the first few countries where Dell has started its service centres allowing customers to walk in for requirements with technical support. This is an option that customers can exercise in addition to the in home (onsite) warranty, thus improving the ownership experience of their Dell products.

The News:

-- Dell plans to expand its service roadmap to 15 centers with a pan India footprint covering other major metros and tier 2 cities

-- Customers in over 600 locations across India will be covered through these Dell Service Centres

-- Dell Consumer Service Centres will enhance Dell's service capability into Value Added Services like DataSafe, DellonCall, Online Training and PC TuneUp

-- Dell will offer its customers the choice to buy Warranty extensions/ upgrades, Parts and other VAS from these service centres

Quotes

"At Dell, we are constantly working on new initiatives to serve our customers better. Apart from providing in-home onsite assistance to our customers for technical problems, we have now evolved our service model to include Dell Service Centres. Customers, in addition to getting their issues resolved, can also choose from a wide range of value added services," said, Ganesh Lakshminarayanan, Vice President, Global Consumer Services & Support and Managing Director, Dell International Services.

About Dell

People worldwide can buy Dell (NASDAQ: DELL) online, by phone and through 24,000 stores.


CONTACT DETAILS
Francis Huan, Dell, (65) 6335 3163, francis_huan@dell.com
Dechama Uthappa, 20:20 Media, +91 9810928468, dechama@2020india.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, ELECTRONICS, IT, TECHNOLOGY

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BWI: Debashish Gupta to Lead Citi’s Investments Organisation Serving Wealth Management Clients in Asia Pacific

Press release from Business Wire India
Source: Citi
Thursday, August 27, 2009 12:37 PM IST (07:07 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst
--------------------------------------------------
Debashish Gupta to Lead Citi's Investments Organisation Serving Wealth Management Clients in Asia Pacific


Mumbai, Maharashtra, India, Thursday, August 27, 2009 -- (Business Wire India) -- Debashish Duttagupta has been appointed Head of Investments for Citi Asia Pacific's Wealth Management businesses, based in Hong Kong.

He was previously Head of Capital Markets for the Wealth Management businesses.

In his new role, Mr Duttagupta will report jointly to Ms. Judy Hsu, Head of Retail Banking, Asia Pacific, Mr. Aamir Rahim, Chief Executive of Citi Private Bank Asia Pacific, and Mr. Shantanu Rastogi, Head of Investments, Citi Private Bank.

Mr Duttagupta will lead a 150-strong Investments organisation in serving Citi's private bank and consumer bank. He and his team of investment specialists will provide best-in-class investment insights and capabilities to Asia-Pacific clients across the wealth continuum, from retail consumers to mega-wealth clients.

As Head of Investments, Mr Duttagupta will oversee all investment products, including Equities, Fixed Income, Foreign Exchange, Structured Products, Investment Funds and Alternative Investments, as well as the Investment Analysis and Advice Group. He will also be responsible for the private bank's Treasury and Banking team and the Investments Advisory & Sales Unit.

Ms Hsu, Mr Rahim and Mr Rastogi said jointly: "Since his appointment last November as Head of Capital Markets, Debu has done an outstanding job in leading the team through the market turmoil. Under his leadership, the Capital Markets team has helped many clients to weather the unprecedented volatility in the financial markets. More importantly, we have been able to help our clients take advantage of the recovery in financial markets, and in doing so, strengthen Citi's status as our clients' most trusted wealth advisor."

Citi (www.citigroup.com/citi/global/asiapacific.htm) is one of the largest wealth managers in the Asia Pacific, serving more than 500,000 affluent Citigold clients and more than 6,000 private banking clients, including half of Asia's (ex-Japan) billionaires.

Citi provides wealth management services to affluent clients with a minimum of USD 100,000 in Assets under Management through its Citigold offering while Citi Private Bank provides bespoke private banking services to high net worth individuals and families with a minimum net worth of USD 10 million.

Mr Duttagupta began his career with Citi in India in 1992 and held a number of positions from 1992 to 2007 in India, Singapore and Hong Kong in Foreign Exchange, Treasury, Derivatives, Credit Trading and Fixed Income. Prior to re-joining Citi in November 2008, he was the Head of EMEA Credit Trading and Structuring for Lehman Brothers in London.

Mr Duttagupta holds a degree in Computer Science from the Indian Institute of Technology Madras, and a Masters of Business Administration from the Indian Institute of Management Calcutta.

Citi

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Additional information may be found at www.citigroup.com or www.citi.com.

To view the photograph, click the link below:

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

http://www.BusinessWireIndia.com/attachments/PIC(31).JPG
PIC(31).JPG


CONTACT DETAILS
Jack Sung, Corporate Affairs, Citi Asia-Pacific, +65 63283263, jack.sung@citi.com
Indu Aishwerya Anand, Corporate Affairs, Citi India, +91 (124) 418 6766, indu.anand@citi.com
Shreela Roy, IPAN Hill & Knowlton, +91 982014 9119, shreela.roy@ipan.com

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

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BWI: Microsoft Launches ‘Office Genuine Advantage’ in India

Press release from Business Wire India
Source: Microsoft
Thursday, August 27, 2009 11:15 AM IST (05:45 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology; Technology
--------------------------------------------------
Microsoft Launches 'Office Genuine Advantage' in India
Validate if your Microsoft Office is Genuine and get Enhanced Support and Business Security

New Delhi, Delhi, India, Thursday, August 27, 2009 -- (Business Wire India) -- As a part of its efforts to help customers reduce their exposure to risk through non-genuine software, Microsoft India Pvt. Ltd today launched the Office Genuine Advantage (OGA) program. Starting today, customers can volunteer to participate in this online program by accepting an automatic notification. Customers can then validate their Microsoft Office software, and make instant purchase of genuine Office through online purchase program www.buyoriginalms.com or from a local authorized Microsoft reseller. "A recent survey by KPMG reveals that 39 percent Indian organizations reported security slip-ups of non-genuine software detection in their IT environment. By participating in the OGA program, customers can now reduce this risk, and be confident that their software is authentic and derive the maximum value from their investments," said Tarun Malik, Director - Product Marketing & Strategy at Microsoft Corporation India.

3 easy steps to detect infected / non genuine Microsoft Office:

-- Log In. User will be automatically invited to download and install OGA updates
-- Accept the update notification. The system will restart
-- Open an office application. OGA will verify the authenticity of software installed
-- If non genuine software is detected - buy original Office either online or from the nearest reseller


Software piracy is a worldwide problem that affects Microsoft, customers, partners, and local economies. Counterfeit software is increasingly becoming a vehicle for the distribution of viruses and malware that can target unsuspecting users, potentially exposing them to identity theft and corruption or loss of personal or business data. Mr. Vinnie Mehta, Executive Director, Manufacturers Association for Information Technology (MAIT) said, "Unknown to most users, unauthorized software can disrupt smooth functioning of systems. Hence, it is imperative to educate customers against the use of non-genuine software be it at home, institutions, public or private enterprises".

"The best way to protect customers is, first, to educate them about the issue of piracy, then help them spot counterfeit software, and finally, help them understand what they should do about it. With Office Genuine Advantage this is exactly what we are doing." added Mr Malik.

WITH GENUINE OFFICE, YOU ARE SURE THAT:

-- You are getting the most secure version of Office available
-- You got what you paid for
-- You have access to support from Microsoft or a trusted partner
-- You enjoy access to the latest offers exclusively reserved for genuine Microsoft software users
-- You are better protected with enhancements


OGA offers several options for customers to get genuine software:

- At participating local retailers and select System Builders.
- By buying a new PC with pre-installed Office Software
- Get a Volume License from a partner for 5 or more licenses

OGA works on Office XP, Office 2003 and the Microsoft Office 2007 System. Microsoft Office 2007 is the most widely used productivity suite worldwide, with over 500 million users. Moreover, Microsoft Office 2007 is also available in different versions customized according to customer requirements; these versions include Office Home and Student 2007, Office Standard 2007, Office Small Business Edition 2007 & Microsoft Office Professional 2007.

About OGA notifications

The OGA notifications program is part of Microsoft's Genuine Software Initiative aimed at helping protect Microsoft's customers and partners from counterfeiters through education, engineering and enforcement of policies and laws. The OGA notifications program has previously been released in 27 countries which include Malaysia, China, Turkey, Chile, Italy and Spain.

About Microsoft

Founded in 1975, Microsoft (NASDAQ "MSFT") is the worldwide leader in software for personal and business computing. The company offers a wide range of products and services designed to empower people through great software - any time, any place and on any device. Microsoft Corporation India Private Ltd is a subsidiary of Microsoft Corporation USA. It has had a presence in India since 1990 and currently has offices in 16 cities - Ahmedabad, Bangalore, Chandigarh, Chennai, Coimbatore, Hyderabad, Indore, Jaipur, Jamshedpur, Kochi, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, and Pune.


CONTACT DETAILS
Tushar Makkar, Microsoft India, +91 9810437303, tmakkar@microsoft.com
Ruchi Chawla, Text 100 Pvt Ltd., +91 9818903929, ruchi.chawla@text100.co.in
Nipunta Khashu, Text 100 Pvt Ltd., +91 9811465973, nipuntak@text100.co.in

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, TECHNOLOGY

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Wednesday, August 26, 2009

BWI: Wipro Enters into a Strategic Partnership with BP

Press release from Business Wire India
Source: WIPRO
Wednesday, August 26, 2009 05:30 PM IST (12:00 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Chemicals, Energy companies, Information technology; Technology
--------------------------------------------------
Wipro Enters into a Strategic Partnership with BP


Bangalore, Karnataka, India, Wednesday, August 26, 2009 -- (Business Wire India) -- Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) announced that it has entered into a five year agreement with BP to provide IT Applications Development and Maintenance (ADAM) services for BP's Fuels Value Chain and Corporate businesses globally.

Over the last 12 months BP has undertaken a programme to consolidate its IT ADAM vendors. Wipro has been selected as a strategic partner after a rigorous selection procedure which assessed the IT major on its IT capabilities, domain knowledge of the Oil and Gas sector and proven past record of operational transformation for customers. Wipro will support BP in its agenda of IT standardization, simplification, and achieving corporate efficiency. This agreement significantly expands the scope of partnership between Wipro and BP to additional business segments and newer geographies.

Dana Deasy, BP Group CIO, said: "I've been very pleased with the quality of Wipro's proposal and to have selected them as a strategic ADAM vendor for BP's global Fuels Value Chain and corporate businesses. We look to benefit from Wipro's knowledge of the Oil and Gas sector in maintaining our Fuels Value Chain IT systems, as well as leveraging their expertise to deliver new IT solutions. This contract provides BP with a significant opportunity to simplify and streamline processes to drive out cost."

Suresh Vaswani, Joint CEO IT Business, Member of the Board, Wipro Limited said, "We are delighted to have been chosen as a strategic partner by BP. This not only strengthens our existing relationship with them but significantly expands the scope to help BP in its transformational journey. Our extensive capabilities and experience in Oil and Gas domain will enable us to deliver significant value to the energy major's business."

Through this agreement, Wipro is committed to provide benefits of scale and efficiency by leveraging its robust global delivery model which will look at delivering services from locations across the globe for BP.

About Wipro

Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application management, and datacenter managed services to corporations globally.

In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India, offering system integration, network integration, software solutions and IT services.

Wipro also has a profitable presence in niche market segments of consumer products and lighting. In the Asia-Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADS' are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange. For more information, please visit our websites at www.wipro.com and www.wiprocorporate.com.

About BP

BP is one of the world's largest oil and gas companies, serving millions of customers every day in more than 100 countries across six continents. BP's business segments are Exploration and Production; Refining and Marketing; and Alternative Energy, its low-carbon energy business. Through these activities, BP provides fuel for transportation; energy for heat and light; retail services; and petrochemicals products for textiles and packaging.

Learn more about BP at www.bp.com.

Forward-looking and Cautionary Statements

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

Media Contacts:

India:

Radhika Mahadevan
Wipro Technologies
+91 9945042603
radhika.mahadevan@wipro.com

Mangala Koti Singhal
Gutenberg Communications
+91 9686446789
mangala@gutenbergpr.com

US

Eric Belove
Wipro Technologies
+ 1 (732).216.6242
eric.belove@wipro.com

Lavanya DJ
Gutenberg Communications
+ (212).239.8740
lavanya@gutenbergpr.com

UK

Rahul Kadavakolu
Wipro Technologies
+44 792 020 5496
rahul.kadavakolu@wipro.com

Shalini Siromani
Gutenberg Communications
+44.79.6066.3200
shalini@gutenbergpr.com



KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, CHEMICALS, ENERGY, IT, TECHNOLOGY, WIPRO.BO, WIPRO.NS

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