Wednesday, March 31, 2010

BWI: Dairy Cooperative Leaders of India meet Hon. Prime Minister and Minister of Agriculture

Press release from Business Wire India
Source: Amul
Wednesday, March 31, 2010 09:32 PM IST (04:02 PM GMT)
Editors: General: Consumer interest, Economy, Food & drink, People, Politics, Social issues; Business: Agriculture, Business services, Commodities & materials, Retailers
Dairy Cooperative Leaders of India meet Hon. Prime Minister and Minister of Agriculture

New Delhi, Delhi, India, Wednesday, March 31, 2010 -- (Business Wire India) -- A delegation comprising the Chairman of the National Cooperative Dairy Federation of India and Chairmen of state milk marketing federations and unions of Gujarat, Haryana, Punjab, Karnataka, Uttarakhand, Madhya Pradesh and Maharashtra met the Hon.Prime Minister of India Dr Manmohan Singh and Minister of Agriculture Shri Sharad Pawar to apprise them on the issues faced by the millions of milk producers of the country.

The discussion was based on a Memorandum submitted to them which included the following issues:

1. Amendment in the Cooperative Act
2. Reduce Income Tax on co-operatives which will help in improving returns to farmer members
3. Increase in prices of Cattle-feed Raw Material and corrective
actions required thereof by imposing export duty on deoiled cakes
4. VAT on all value-added Dairy products to be fixed to 4%
5. Removal of VAT & Excise duty on use of Molasses in
6. Restrict imports of Skimmed Milk Powder and Butter Oil
7. Classification of Advances to Dairy Cooperatives under Priority Sector Lending

Hon. Prime Minister assured the delegation that these issues will be looked into and necessary steps will be taken to provide support to our dairy industry. Shri Sharad Pawar also assured the Government support to the dairy cooperatives on the above issues. The delegationwas informed that the Constitutional Amendment Bill for amendment inthe cooperative act shall be discussed in the forthcoming session ofthe Parliament.

The dairy cooperative movement of the country covers 125 lac milk producer families in over 1.2 lac villages of India and procures 250lac litres of milk every day. This milk is processed by a network of 180 district cooperative unions across 28 states of the country. It may be noted that this dairy cooperative revolution has made India the largest producer of milk in the country. The delegation of farmer leaders representing the dairy cooperatives of various states impressed upon the Prime Minister and Agriculture Minister that the Government's urgent intervention is necessary to ensure a healthy growth of our dairy industry.

To view the memorandum click the link below
Memorandum to PM 29March2010

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

Col. R. K. Sinha, OSD, HR & Corporate Communications, G.C.M.M.F. Ltd, +91 9377620900,


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BWI: Sponsors India Packaging Show 2010

Press release from Business Wire India
Source: IndiaMART
Wednesday, March 31, 2010 05:25 PM IST (11:55 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment; Technology
-------------------------------------------------- Sponsors India Packaging Show 2010

New Delhi, Delhi, India, Wednesday, March 31, 2010 -- (Business Wire India) -- -- 75 percent of total demand for packaging and associated equipment comes from food processing industry and pharmaceutical industry.

-- There are around 600-700 packaging machinery manufacturers out of which 95 percent are SMEs, located all over India.

-- Germany and Italy are the largest suppliers of packaging machinery to India but focus is now shifting to Taiwan and China.

-- has been aggressively associated with industry's leading trade shows like IndiaMART AMTEX, IndiaMART HITEX, IndiaMART ACMEE, IndiaMART UMEX, IndiaMART Food & Technology Expo etc.

India's largest B2B marketplace,, in its quest to progressively encourage B2B matchmaking, has decided to sponsor India Packaging Show 2010, a leading trade show for packaging industry in India. The exclusive trade show will be organized at HITEX Exhibition Center, Hyderabad between 9-12 April, 2010 by Pvt Ltd. in association with Federation of Andhra Pradesh Chamber of Commerce and Industry. A pre-show conference highlighting the various issues concerning packaging industry will be conducted on 8-9 April, 2010. The show will strive to give more synergy to the event as a sizable 220 companies from packaging industry have already confirmed their presence.

Commenting on the partnership, Mr Dinesh Agarwal, Founder & CEO of, said, "India has emerged as one of the major consumer markets in the Asian region, amounts for Rs 77,570 crore, which is expected to grow by 20-25 percent over the next five years. Hence, packaging is vital for product marketing, distribution and enhancement. India Packaging Show is one of the pioneer trade shows bringing all stake holders under one roof. We are proud to be associated and wish all the success to this mega trade show, which is expected to take packaging business in India to the next orbit of evolution."

He further added that this trade show will bring a comprehensive range of products, equipment and services from across the world to meet the sourcing requirements of high value buyers. itself boasts of an impressive number of SMEs that are directly or indirectly involved with the packaging industry as its distinguished clients. In addition, this will also create valuable a platform for entrepreneurs and senior management in the industry to interact on the subject of latest packaging technologies, offering a wide choice to the buyers.

India Packaging Show had its inaugural exposition in 2005 and since then the show has been providing an apt platform for the numerous B2B companies associated with the industry to discuss nuances of packaging industry. Major exhibits in the show will include Packaging Machines and Equipment, Packaging Materials, Food Technologies, Pharmaceutical Technologies, Automation. The show and conference are designed to benefit the CEOs, General Managers, Packaging Managers, R & D Managers & other executives from the Pharmaceutical & Chemical, Food & Beverage, Dairy & Meat, Engineering, Garments & Textiles, Personal Care Products, Logistic Industry and other packaging end users, Printers, Converters and packaging professionals as well as the material, equipment and service providers.

Apart from Internet and print, has been playing a decisive role in B2B matchmaking by sponsoring such events, which is the most traditional way of reaching out to the right buyers and suppliers. In last two years, has partnered with prestigious events such as IndiaMART AMTEX, IndiaMART UMEX, IndiaMART IMEX, IndiaMART Sign Show, IndiaMART Food & Technology Expo, IndiaMART ACMEE, IndiaMART HITEX International Machine Tool Expo 2009 etc.

About 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 pan-India presence in over 100 cities . With approximately 1200 employees located across 31 offices in the country, offers an extensive range of value-added products and services to its 700,000 registered members and nearly 5 million global buyers across various industries and verticals. has won numerous awards over the years and has been widely covered by media such as CNBC, BBC, BusinessMoney, CNN, Businessworld, Economic Times, Financial Express, etc for its pioneering role in promoting SME business in the country.

Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd (Times Group), India's largest print media group.

For more information, please visit:

Arun Tyagi, Marketing & PR,, +91 9711003832/ +91 (120) 3911000,


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BWI: FFIFA to Target Carbon Emissions in Copenhagen, Denmark “eMission Calculator to be Launched”

Press release from Business Wire India
Source: Four Soft Limited
Wednesday, March 31, 2010 04:14 PM IST (10:44 AM GMT)
Editors: General: Consumer interest, Environment; Business: Advertising, PR & marketing, Automotives, Business services, Information technology; Technology; Automotive
FFIFA to Target Carbon Emissions in Copenhagen, Denmark "eMission Calculator to be Launched"

Hyderabad, Andhra Pradesh, India, Wednesday, March 31, 2010 -- (Business Wire India) -- Four Soft Limited, India (NSE: "FOURSOFT", BSE 532521) a global leader in offering software solutions for Logistics and Transportation industry in conjunction with Freight Forwarding Industry & Four Soft Alliance' (FFIFA) today announced that it has chosen "Carbon emissions" as the topic of discussion in its 2nd global meet. Members of FFIFA will discuss and debate on the Carbon eMissions in this 2nd meet of FFIFA which will be held on the 31st of March in Copenhagen, Denmark.

Awareness of and concern for climate changes have influenced and will continue to influence all categories and levels of society at a global scale, including the transport and logistics industry. Four Soft in conjunction with FFIFA members has developed an emission calculator, which provides detailed data of emissions, which allows transport- and logistics companies to document and report the emission of co2 and other green house gases directly to the transport customers, as well as in the preparation of environmental reports.

The calculator, labelled eMission, is a stand-alone application, which can be used independently or through full automation and integration with the Transport Management applications used by individual companies in their daily operations. eMission is developed with the purpose of creating visibility of the emission of co2 and other green house gases. And because accuracy is critical, calculations are made for individual shipments and may be documented on the standard transport invoice. Consequently eMission will fundamentally change the industry approach to working with emission data, and will create a new benchmark and industry standard for the level of detail of the information which can be provided to transport customers and additional stake holders. Four Soft is experiencing significant interest in eMission at a global scale and the first roll-out with one of the major players in the industry is under negotiation.

In this Second meet of FFIFA, Four soft also announces the launch of its complete software suite for business analysis - "4S Infotips". 4S Infotips is quick-to-deploy, easy-to-learn, and easy-to-use business analysis application based on a single architecture to cover all types of analysis and reporting needs for all organizations. 4S Infotips is a platform which puts the right information in the right hands at the right time, and gives managers and executives the ability to test various scenarios for business spending and investments while monitoring important operational drivers of company performance. 4S Infotips helps organizations to extract vital information through a quick and visually interactive interface that enables informed decision making.

Kieran Ring, CEO, Global Institute of Logistics, commented, "Today the whole world is concerned about the environment; the freight forwarding industry too needed to actively consider measures to make a positive impact. I'm delighted that we have appropriately chosen to focus on this critical issue in our Copenhagen meet."

Håkan Nilsson, CIO, Geodis Wilsson, commented," The special focus for this meeting is to jointly address the two subjects - Ocean carrier messaging and Emission Calculator development. We expect joint benefits through the means of collaboration. Geodis Wilson is open to collaborate on industry improving initiatives and we have found areas where we as industry leaders can benefit without compromising our own competitive advantage. We expect that collaboration with other industry leaders will collectively help us to ensure and maintain an industry edge. The industry at large will benefit from forefront runners taking a lead on strategic initiatives. At Geodis Wilson our vision is set to be the most innovative trendsetter in global freight and we intend to go about it by a combination of unique development and collaborative efforts."

Rajshekhar Roy, CEO, Four Soft Limited, commented," After our first FFIFA meet in our Global Head Quarters - India, we received a number of requests from the Industry leaders and they have shown their interest to join FFIFA. This is an important initiative for us and I thank all the members in making this successful. DHL, Geodis Wilson, CEVA, Agility and DSV representing five of the largest logistics players in the world, have come successfully together for the second FFIFA meet to drive efficiencies in the logistics software deployment. Four Soft is proud to be the facilitator of this consortium and we are rightly equipped to provide valuable solutions to our customers."

About Four Soft Limited

Four Soft is a public listed and CMMI level 3 certified company which provides innovative software solutions, IT consultancy and BPO services exclusively for the logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it supports customers including DHL, Schenker, Agility, UTI and Geodis-Wilson. Additional information about Four Soft is available at

Four Soft offer a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for extended warehouse management, 4S Visilog & 4S VisiLog plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.

Praveen Gavuji, Four Soft Limited, +91 9948099688/ +91 (40) 66873034,
Sonal Chawla, Adfactors PR Pvt Ltd, +91 9711306364/ +91 (11) 40565100,


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BWI: Book Your Tickets for the Biggest Metal Festival of the year Featuring ‘Lamb of God’ on

Press release from Business Wire India
Wednesday, March 31, 2010 03:42 PM IST (10:12 AM GMT)
Editors: General: Consumer interest, Entertainment, Travel & tourism; Business: Business services, Information technology, Media & entertainment, Travel & tourism; Technology
Book Your Tickets for the Biggest Metal Festival of the year Featuring 'Lamb of God' on

New Delhi, Delhi, India, Wednesday, March 31, 2010 -- (Business Wire India) -- Overture the company that is bringing heavy metal band 'Lamb of God' to India has appointed, India's first and largest entertainment and sports ticketing company as the Official Ticketing Partner for the largest Rock Festival of the subcontinent 'Summer Storm',. Lamb of God will headline the first edition of 'Summer Storm Festival' in Palace Grounds, Bengaluru, on May 15th 2010.

The metal scene in India is growing and the future looks encouraging thanks to bands like Lamb of God and the ever growing underground Indian Metal scene. Lamb of God (LOG) has taken the world of heavy metal music by storm. The band comprises Randy Blythe (Vocals), Mark Morton and Willie Adler (Guitars), bassists John Campbell and drummer Chris Adler and is known to sound quite unlike any other bands from the genre of Heavy Metal music.

Neetu Bhatia, Co-founder, Chairman and CEO,, said, "Our association with Overture is another step to provide highest quality of entertainment to our customers. We are very excited about offering tickets for the 'Summer Storm' concert. Metal music has seen tremendous growth in India thanks to globalization and the scene has grown stronger with every new concert. We are expecting a very good turnout for this concert as India will see the band perform for the first time ever at the 'Summer Storm Festival' .

Commenting on the association, Arpan Peter, Co-founder Overture said, "We are excited that Grammy nominees Lamb of God are performing in India, Lamb of God offers a kind of experience that is difficult to match anywhere else.We will announce names of the Indian artists who will support Lamb Of God at 'Summer Storm'shortly. We are happy to partner with Kyazoonga for this event as it will allow us to reach out to all those who prefer to book tickets from the convenience of their homes instead of standing in queues. We believe Kyazoonga will play an important role in bringing significant traffic to the event and offer the best ticketing experience."

Lamb of God, who hails from Richmond, Virginia, are currently one of the biggest names in heavy metal the world over. A favorite of fans and critics alike, the band was formed back in 1994, and has released six studio albums so far. The latest of these, titled 'Wrath', not only debuted at number two on the Billboard 200, but also sold close to 68,000 copies in its first week of release. The concert will also be featuring several upcoming Indian and international metal acts, to give the feel of complete international music festival.

To book your tickets, log on to or visit for more details.

About Overture:

(originates from French) in music is the instrumental introduction to a dramatic, choral or occasionally instrumental composition.

The perfect blend of youthful exuberance with timed maturity and innovative methods is what Overturestands for as a company, which began in 2009. More of a concept venture between two ambitious and determined friends, Arpan Peter and Vinay Venugopal, Overture burst into the Event Management, Artist andPR Drive scene with a handful of high profile companies. Overture, in a very short period of time, has captured the attention of companies in various segments and promises to be more than just an instrumental introduction to its client's dreams. The innovative drive of Arpan Peter is well complimented by Vinay Venugopal's clinical thinking, which gives Overture the edge over its competition. The fact that Overture serves its clients to the highest degree is well attested to and is something that Overture is particularly proud of.

About is India's first and largest entertainment and sports ticketing company. Launched in early 2007, KyaZoonga's has created and vastly expanded the ticketing marketplace in India by bringing tickets to consumers who traditionally have not been able to access major events. Credited with pioneering a centralized ticketing concept, implemented since KyaZoonga launched, where all sales channels are driven by a centralized system, KyaZoonga is the only ticketing company in India which, along with movies, concerts and other forms of live entertainment, has ticketed all the three forms of cricket, and ticketed multi sports Olympic style sporting events. KyaZoonga offers end-to-end ticketing services with multiple payment options through online, mobile, box-office and retail-outlet distribution channels.

KyaZoonga partners with India's leading multiplex operators, cricket and sports franchises, concert promoters and event organizers to ensure simple and easy access to popular ticketed entertainment options and helps customers Jump the Q every day. The Company's Advisory Board includes Dr. Kiran Bedi, India's first IPS officer, Magsaysay Award Winner and a prominent social activist, Prahlad Kakar, India's Advertising Guru, and Lila Poonawalla, Padmashri Award Winner and Chairperson, DeLaval, Lila Poonawalla Foundation.

Pooja Mehta, 20:20 MEDIA, +91 9811888423,


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BWI: Steria Bolsters its Infrastructure Management Delivery Capability with a New Global Delivery Centre in India

Press release from Business Wire India
Source: Steria
Wednesday, March 31, 2010 02:32 PM IST (09:02 AM GMT)
Editors: General: Consumer interest, Lifestyle; Business: Advertising, PR & marketing, Business services, Information technology; Technology
Steria Bolsters its Infrastructure Management Delivery Capability with a New Global Delivery Centre in India

New Delhi, Delhi, India, Wednesday, March 31, 2010 -- (Business Wire India) -- Steria, a leading European IT-enabled business service provider, today announced that it will deliver Remote Infrastructure Management Services (RIMS) from its newly-expanded global delivery centre in Noida, India. This new service portfolio from Steria's India-based teams illustrates the Group's expertise in industrial IT infrastructure management, which it already performs from its centre in Katowice, Poland, as well as its drive to roll out these services for all of its clients, across all geographies.

The new delivery centre in Noida fulfils several client-centric objectives: it provides offshore service delivery coupled with the efficiencies of automated support, as well as specialist expertise in direct delivery of configuration management and software distribution services. In addition to serving external clients, RIMS will also benefit Steria Group, which itself is an internal customer of desktop services provisioned from Steria in Noida.

The RIMS centre in Noida will deliver a full portfolio of remote IT infrastructure management services - including desktop, systems and network management - to clients who rely on robust, always-available IT to underpin their business. Building on two years' investment in service industrialisation, the new centre will open with 200 full-time IT analysts and technology services professionals who already support Steria clients in the financial services and utility sectors, amongst others. Steria in Noida has provided application management services and BPO to enterprise clients for nearly twenty years, and its enhanced profile reflects Steria's ongoing commitment to develop its industrialised service delivery model and enable clients to deploy a blended sourcing strategy.

Steria's innovative approach to infrastructure management, as with its complete IT services portfolio, leverages the strength of its industrialised service delivery model, which includes onsite, onshore, nearshore and offshore strategies that can be blended according to client needs. The optimal mix will reflect clients' business priorities; the complexity and maturity of the IT service being outsourced; and an ability to scale and rapidly bring new technologies and service offerings online. Most importantly, RIMS can be deployed in the client environment with zero-to-minimal disruption and without the need to replace legacy IT investments.

Karine Brunet, Steria Group's director of IT services, commented: "Increasingly, clients are approaching Steria with the same mandate for more strategic, tailor-made sourcing that affords them flexibility, an excellent cost-to-value ratio, robust due diligence measures, and most importantly, expert IT service delivery, regardless of geography. Our continued investment in a strategy that expands our global service delivery capability, whilst incorporating the latest tools, technologies and best practice ensures Steria is able to respond fully to client requirements."

Brunet continued: "Industry needs to evolve from an 'either-or' scenario when it comes to where IT services are offshored. For Steria, the new global delivery centre in Noida represents a timely and strategic, long-term investment, as well as reflecting our belief that clients can benefit tremendously from our focus on achieving the optimum blend between proximity and remote services, 24/7 enterprise-grade IT support and the value-added services that are best delivered through a blended and industrialised service model."

About Steria:,

Steria delivers IT enabled business services which help organisations in the public and private sectors operate more efficiently and profitably. By combining in depth understanding of our clients' businesses with expertise in IT and business process outsourcing, we take on our clients' challenges and develop innovative solutions to address them. Through our highly collaborative consulting style, we work with our clients to transform their business, enabling them to focus on what they do best. Our 18,300 people, working across 16 countries, support the systems, services and processes that make today's world turn, touching the lives of millions around the globe each day.

Founded in 1969, Steria has offices in Europe, India, North Africa and SE Asia and a 2009 revenue of ?1,630 million. 19.3% of Steria's capital is owned by its employees. Headquartered in Paris, Steria is listed on the Euronext Paris market.

Isabelle Grangé, Steria, +33 1 34 88 64 44,
Laurence Chalude, Firefly Communications, +44 207 025 8212,


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BWI: Rikvin's Managing Director Pleads Guilty, Janus Offers Migration Package to Rikvin Clients

Press release from Business Wire India
Source: Janus Corporate Solutions
Wednesday, March 31, 2010 01:30 PM IST (08:00 AM GMT)
Editors: General: People; Business: Accounting & management consultancy services, Business services
Rikvin's Managing Director Pleads Guilty, Janus Offers Migration Package to Rikvin Clients
Singapore's Accounting and Corporate Regulatory Authority (ACRA) has charged the Managing Director of Rikvin - a Singapore based Corporate Service Provider with Five Counts of Serious Violations of the Company Law

Singapore, Wednesday, March 31, 2010 -- (Business Wire India) -- On March 10, 2010 Ms. Ragini Dhanvantray, Managing Director of Rikvin - a Singapore-based corporate services provider - pleaded guilty to charges arising out of multiple violations of the Companies Act. A copy of the press release from Singapore's Accounting and Corporate Regulatory Authority (ACRA) can be viewed online here.

While announcing the charges against Rikvin's Managing Director, Mr Muhammad Hidhir Majid, ACRA's Deputy Chief Executive for Legal & Enforcement reiterated that "ACRA takes a serious view on false or fraudulent filings, especially by professionals, and will not hesitate to take strong measures, including court prosecution, to maintain public confidence in the information stored in its statutory registers."

In light of these developments, Janus has launched a special migration package for Rikvin clients who are reconsidering their relationship. The package is designed to provide a low-cost transfer of company administration and compliance services to Janus. The details of Janus's offer are available at

About Janus

Janus Corporate Solutions is a leading Singapore-based firm that provides Singapore company setup and compliance services to businesses and entrepreneurs worldwide. Through its experienced team and streamlined processes, Janus is able to deliver high-quality service at affordable cost.

PR Team, Janus Corporate Solutions,


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BWI: Empronc Solutions Appoints Jayant Dwivedy as CEO

Press release from Business Wire India
Source: Empronc Solutions
Wednesday, March 31, 2010 12:17 PM IST (06:47 AM GMT)
Editors: General: People; Business: Advertising, PR & marketing, Business services, Information technology; Technology
Empronc Solutions Appoints Jayant Dwivedy as CEO

Mumbai, Maharashtra, India, Wednesday, March 31, 2010 -- (Business Wire India) -- The Mumbai headquartered software company, Empronc Solutions, today announced the appointment of Jayant Dwivedy as their Chief Executive Officer effective from 1st April, 2010.

In his new position, Jayant will oversee and give directions to Empronc's operations in India, while ensuring that they align with the priorities of the diverse customer base. His responsibilities will also include promoting the flagship product BAZ® overseas, supporting the new product development initiatives and partnering with leading business consulting and risk management firms.

Jayant has served as a member of GSK's International Procurement Leadership Team and has been a former member of the Executive Committee GlaxoSmithKline Pharmaceuticals Ltd. (GSK). Subsequently, he held the position of President-Global Supply Chain, with Piramal Healthcare Ltd. He has been responsible for a number of geographic and business expansions and has spearheaded integrations post acquisition. He is an International speaker on I.T. implementations and Supply Chain Management.

Manish Bazari, Empronc Founding Director stated "Jayant brings with him, vast global enterprise experience. This will enable Empronc to scale the BAZ Enterprise Spend Management product internationally, delivering greater value to the customers".

Jayant Dwivedy added "I am excited to be part of this team of young professionals ready to compete in the global marketplace. The product, from my perspective, addresses all the needs of management; allowing companies to reach out to a large user base and manage their business spends in a cost effective and transparent manner."

About Empronc Solutions

Empronc Solutions ( ), headquartered in Mumbai, India was incorporated in 2004 by a group of professionals. Their vision was to build an organization that would compete with the leading business solution product companies globally. BAZ (Enterprise Spend Process Management Software) is the flagship innovative product of the company, which addresses the needs of an enterprise with respect to operations, processes, compliance and workflows.

Empronc has successfully deployed solutions across ten industry verticals. Empronc Products and Services are used by geographically spread customers across 2000+ locations covering a user base of more than 100,000+. The quality focus on product and service deliveries has ensured that the company operates on near 6 sigma quality standard. Customers today position BAZ as a leading Enterprise Spend Process Management Solution in their internal reviews, industry forums, and enterprise solution road maps. BAZ has been implemented as a value adding solution in both ERP and non ERP environments.

Empronc has met the long standing need of organizations wanting to electronically integrate the total organization in a cost effective manner. Empronc enjoys the confidence at the CXO level with solutions ensuring organization wise on-line visibility and integrity of their budgets, spend and financial data.

Manish Bazari, Founding Director, empronc Solutions Pvt. Ltd, +91 98212 33977,


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BWI: Darden School of Business and IIMA Announce Partnership

Press release from Business Wire India
Source: Business Wire
Wednesday, March 31, 2010 12:30 PM IST (07:00 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Education & training
(BW)(VA-DARDEN-BUSINESS)Darden School of Business and IIMA Announce Partnership

Charlottesville, Virginia, United States and Ahmedabad, Gujarat, India, Wednesday, March 31, 2010 -- (Business Wire India) --

The University of Virginia Darden School of Business and the Indian Institute of Management Ahmedabad (IIMA) announce the signing of a new partnership.

"We believe that this relationship between two strong global business schools - Darden and IIMA - will provide immediate benefits to both schools and offer significant opportunities well into the future," says Peter Rodriguez, Darden's associate dean for international affairs and director of Darden's Tayloe Murphy Center International, which provides international opportunities for students and executives and develops research and educational programs to enhance understanding of international issues.

"While the student exchange program will be in operation this very year," says Professor Samir Barua, director of IIMA, "we envisage the collaboration will facilitate activities in the area of joint case writing and research, given that both Darden and IIMA use the case method in their programs."

Tayloe Murphy International Fellowships will bring young IIMA faculty to Darden for a month to further develop their case-teaching and case-writing skills.

IIMA has international student exchange programs with more than 50 leading business schools across continents. IIMA partners with nearly 10 leading B-schools in North America, including the Columbia Business School, New York; University of Texas, Austin; and the Fisher College of Business, Ohio State University, to name a few.

The Darden School has international partnerships with 22 leading business schools. In India, Darden is also an active partner of the Indian School of Business in Hyderabad and XLRI (Xavier Labour Relations Institute) School of Business and Human Resources of Jamshedpur.

"By linking our two strong programs together, Darden and IIMA solidify a linkage that will foster student exchange, joint case-writing and research and a future of closer connections between the best students and faculty anywhere," says Rodriguez.

"The memorandum of understanding," adds Professor Arnab Laha, faculty coordinator of student exchange at IIMA, "will enhance the diversity and vibrancy of both our campuses."

About the University of Virginia Darden School of Business:

Founded in 1954, the University of Virginia Darden School of Business is a professional school that offers world-class Executive Education and MBA programs and improves society by developing principled leaders for the world of practical affairs.

About the Indian Institute of Management Ahmedabad:

IIMA, the premiere business school in India, has been at the forefront of management education in the country for the last five decades due to its top-class infrastructure, highly knowledgeable and experienced faculty, strong global alumni network, competitive students, robust curriculum and industry-wide affiliations.

Darden School of Business
Julie Daum, Director of Communication
Indian Institute of Management, Ahmedabad
Ishita Solanki, Manager, Global Partnerships and Corporate Affairs
+91 79 66324889


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BWI: 18th Convergence India Focusing on Green ICT

Press release from Business Wire India
Source: Convergence India 2010
Wednesday, March 31, 2010 12:16 PM IST (06:46 AM GMT)
Editors: General: People; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment, Telecommunications; Technology
18th Convergence India Focusing on Green ICT
ICT Industry Driving Affordable and Sustainable Business Growth

New Delhi, Delhi, India, Wednesday, March 31, 2010 -- (Business Wire India) -- Communications developing at a breathtaking pace is largely driven by devices which are more compact but features added capabilities. Growing competition has provided an ideal environment for technological innovations and new applications. "More importantly these devices and services are becoming more affordable," declared Mr. Shyamal Ghosh, Chairman, Data Security Council of India, at the international conference of 18th Convergence India 2010, which concluded in the nation's capital last week on a triumphant note. The three-day exhibition and conference featuring 458 exhibitors from 19 countries received an overwhelming response from the discerning and growing ICT industry.

Spread over a gross area of 12,000 sqm, the event attracted nearly 12,000 trade visitors and about 940 delegates. The event was inaugurated by Shri Gurudas Kamath, Hon'ble Minister of State for Communications and Information Technology, Government of India. Addressing the industry present he said, "It has always been in the forefront of our Government policy that the technological innovations should reach Aam Aadmi"

For the Indian ICT market of over 1 billion people, affordability would be the main driver to spread communications technologies, as 70% of the population belong to the rural segment. With growing competition in the lucrative Indian market, communication devices along with their applications and services are gradually becoming cheaper and more accessible for the masses.

The concurrent conference sessions discussed relevant topics against the changing backdrop of technological developments taking place in the communications sector. Sessions focusing on WiMAX and Voice over IP solutions examined the best way to accelerate the spread of affordable, wireless technologies and pave the way for 4G in India.

The 18th edition of Convergence India Conference highlighted the importance of Green ICT in the concluding day session and brought a high profile mix from the ICT industries playing an exemplary role in mitigating carbon-footprints by adopting clean business solutions and practices having minimum impact on the environment.

Mr. Pranshu Singhal, India Environmental Manager from Nokia pointed out that unless consumers do not change their behavior, much cannot be done to enforce green ICT, as availability is dependent on the demand. "Changes in the demand side are more important than changes in the supply/production side" he said. Mr. Sridhar, India Marketing Director from Dell India Pvt Ltd spoke about green IT and efforts made by Dell in maintaining its carbon neutrality by using energy efficient products. He highlighted, "39% of emission is caused from desktop and laptop and 26% from servers" hence it is imperative to deploy right kind of mechanism which adhere to GHG standards.

Prof. Srivasthan, PRO-Vice Chancellor, IGNOU chaired the session and presented a different perspective and approach to Green ICT. Emphasizing the implementation of digital learning Prof. Srivasthan elaborated on the technical challenges faced in integrating the various individuals / centers of learning. He brought to the attention that the present education system barely caters to 1/4th of the potential learners in the country. To serve the staggering numbers and needs, we need to engage multiple communications modes such as internet, TV, IPTV, 2G and 3G mobile services, community radio ,Wimax, WiFi, etc and exploit cloud services for an open - university system. He proposed a hybrid solution which would use hierarchy of networks including regional datacenters. This would require local entrepreneurship and content support developed in the regional language.

South Asia's largest ICT event, the 18th Convergence India 2010 Expo was the center stage for not only business exchange but also for comprehensive knowledge dissemination. Ending on a promising note for the future of communications industry in India, the event was organised by Exhibitions India Group - the only event organizer with ISO 9001; 2008 & ISO 14001:2004 Certification. The 19th Convergence India 2011 expo is scheduled to be held from 24-26 March 2011 at New Delhi, India.

About us

The Exhibitions India Group, established in 1987, is a trade promotion group focused on organizing international exhibitions and seminars and attracting investments in India, as well as, promoting participation of Indian companies at leading tradeshows worldwide.

Exhibitions India is the only trade fair and conference organizer in India with ISO 9001:2000 & ISO 14001:2004 Certification. The Group is a member of UFI (The Global Association of Exhibitions Industry); IAEE-USA (International Association of Exhibitions and Events) and IEIA (Indian Exhibition Industry Association). The expos organized by the Group conform to the Trade Fair Certification Program of the International Administration of the US commercial Service.

With its headquarters in New Delhi, the Group has branches in Ahmedabad, Bangalore, Chennai, Hyderabad and, Mumbai and an international office in California, USA.

Ms. Hena Ahmad,, Exhibitions India, +91 (11) 42795168 / +91 9999600622,
Ms. Gitanjali Lall, Exhibitions India, + 91 (11) 42795095 /+91 9899648388,
Mr. Sachin Nagpal, Exhibitions India, 91 (11) 42795071 / +91 9910859933,


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BWI: New White Paper Says Indian Aviation to Carry 180 Million Passengers by 2020

Press release from Business Wire India
Source: SITA
Wednesday, March 31, 2010 11:52 AM IST (06:22 AM GMT)
Editors: General: Consumer interest, Travel & tourism; Business: Business services, Information technology, Travel & tourism; Technology
New White Paper Says Indian Aviation to Carry 180 Million Passengers by 2020

New Delhi, Delhi, India, Wednesday, March 31, 2010 -- (Business Wire India) -- A new report from the Centre for Asia Pacific Aviation (CAPA) in association with SITA, the specialist in air transport IT solutions, forecasts that by 2020 Indian domestic air traffic will reach 160-180 million passengers per annum and international traffic will exceed 80 million. Today less than 2% of Indians fly in any given year.

The CAPA/SITA White Paper on Information Technology in Indian Aviation is an industry first and provides a comprehensive analysis and commentary on the future of Indian aviation supported by a market survey of senior executives from airports, airlines and government.

In forecasting substantial growth over the next ten years, the report notes that India's domestic air travel market is currently just 20% of that of China. In order to meet predicted growth over the next ten years airlines will need to invest $120 billion in new aircraft and a further $20 billon in the airport sector.

Kapil Kaul, CAPA CEO, South Asia said: "In terms of the drivers for investment in IT, the survey element of the report found that the airport sector is primarily concerned with compliance and efficiency measures, aimed at reducing costs.

"There is as yet lesser emphasis on deploying technology as a point of differentiation or to enhance the customer experience with a view to generating incremental revenue. However, the feedback indicates that mobile technologies, self-service kiosks and biometrics will be key areas of investment in future for airports. We also found that airlines appear to be further advanced than airports in their embrace of technology as a strategic tool rather than a support mechanism."

Airlines have indicated that self-service is the way forward, with respect to future products such as kiosks for lost baggage reporting, flight disruption management, flight transfers, bag drop and automated boarding gates.

Low cost carriers (LCCs) are more aggressive than full service airlines in using IT to drive their business. LCCs' investment in IT is more strategic in nature and they do not see IT as mere support functions as is often the case at full service or legacy carriers. LCCs have a greater level of readiness to adopt newer solutions that both redefine the customer experience and cut costs.

On the Border Management front, the survey indicates biometric identification is a high priority initiative, to be followed by electronic documentation such as e-visas and e-passports.

The report highlights five technologies - mobile devices, Web 2.0, Near Field Communications, RFID and biometrics - which will be of great importance as the industry responds to the growing needs and expectation of Indian travellers.

The white paper also notes the remarkable sea-change that has overtaken the industry since 2003 with the arrival of the first low cost carriers; dramatic reforms such as an open domestic skies policy; the introduction of airport modernisation with the privatisation of Delhi and Mumbai; and the upgrading of 35 non-metro airports and green field developments.

The report identifies sales taxation on aviation turbine fuel as the most pressing cost issue for Indian carriers together with withholding tax on aircraft leases and service tax on first and business class fares. Congestion at airports, on the ground and in the air, is also adding to the cost burden on Indian airlines. Shortage of skilled personnel is also an area that needs to be addressed, according to the report.

Maneesh Jaikrishna, SITA Senior Director, India, said: "This is a must-have document for anyone with a serious interest in air transport in this country. We are pleased to publish it in association with CAPA who are renowned for their analysis of industry trends and their deep understanding of air transport throughout the region."

Copies of the 58-page report can be downloaded at

Notes to Editors:

About SITA

SITA is the world's leading specialist in air transport communications and IT solutions. SITA delivers and manages business solutions for airline, airport, GDS, government and other customers over the world's most extensive network, which forms the communications backbone of the global air transport industry.

SITA's portfolio includes managed global communications, infrastructure and outsourcing services, as well as services for airline commercial management and passenger operations, flight operations, aircraft operations and air-to-ground communications, airport management and operations, baggage operations, transportation security and border management, cargo operations and more. With a customer service team of over 1,600 staff around the world, SITA invests significantly in achieving best-in-class customer service, providing integrated local and global support for both its communications and IT application services.

SITA has two main subsidiaries: OnAir, which is the leading provider of in-flight connectivity, and CHAMP Cargosystems, the world's only IT company dedicated solely to air cargo. SITA also operates two joint ventures providing services to the air transport community: Aviareto for aircraft asset management and CertiPath for secure electronic identity management.

SITA is one of the world's most international companies. Its global reach is based on local presence, with services for around 550 air transport industry members and 3,200 customers in over 200 countries and territories. In 2009, the company celebrates 60 years in business. Set up in 1949 with 11 member airlines, SITA today employs people of more than 140 nationalities, speaking over 70 different languages. SITA had consolidated revenues of over US$1.47 billion (?1.13 billion) in 2008.

For further information go to

Brenda Flinter, Public Relations Manager, SITA, +353 87 750 6229,
Manu Tandon, Manager Marketing- South Asia and India, SITA, +91 (124) 4193929,
Barbara McCall, Director, The Wordshop, +44 (0)20 7031 8270,
Kapil Kaul, CAPA, +91 (11) 23414440,


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BWI: Premier Farnell Launches Enhanced Free EAGLE Software Version 5.8

Press release from Business Wire India
Source: Premier Farnell
Wednesday, March 31, 2010 10:45 AM IST (05:15 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Information technology; Technology
Premier Farnell Launches Enhanced Free EAGLE Software Version 5.8
New Freemium Edition Gives Design Engineers Vastly Improved Specification and Functionality at no cost

Bangalore, Karnataka, India, Wednesday, March 31, 2010 -- (Business Wire India) -- Premier Farnell plc (LSE:pfl), the leading multi-channel, high service distributor, has announced the launch of EAGLE software version 5.8. This enhanced version of CadSoft's award winning software, Europe's best selling CAD tool of its kind, is a FREE licence edition 'Freemium', allowing EDE's to design boards more conveniently with better power management in their circuits and with more schematic sheets for free. This exciting announcement reflects Premier Farnell's sustained focus on the Electronic Design Engineering (EDE) marketplace and further underpins their strategy to offer design solutions to EDE's 'beyond product'

The Freemium version is now available through CadSoft's own websites, ( and and from element14, the company's innovative technology eCommunity for EDEs, bringing Web 2.0 to the global design engineering community, along with open access to more than 10,000 technical documents and necessary tools like CadSoft's EAGLE CAD software

Freemium offers customers double the number of layers and four times the number of sheets compared to the current free software version of EAGLE ("Freeware"), giving existing users increased functionality, while delivering even more evaluation and product options to the engineer depending on budget. Within version 5.8 CadSoft have also made improvements to their EAGLE standard version, increasing the number of layers from 4 to 6, making layout substantially easier.

"EAGLE version 5.8 is an important product upgrade for all design engineers globally and reflects our ongoing commitment towards the EDE's, driving business to the web and growth in emerging markets" said David Shen, Global Head of EDE & Technical Marketing at Premier Farnell. "CAD software is a fundamental tool for all EDEs, and the availability of such software through Premier Farnell's element14 is a significant step in our strategy to provide our customers not only a high quality product, but also tools enabling us to be a one stop shop solution for their R&D needs."

About CadSoft:

CadSoft's EAGLE software has gained global popularity due to its competitive pricing and multiple licensing options. It includes many features normally found in much more expensive tools such as; autorouter, copper pour, forward and back annotation, electrical and design rule checking, any-angle part placement and scripting to automate routine jobs such as placing card edge fingers and initialising title blocks. It also has a C-like, interpretive user language programming (ULP) facility that can be used to totally customize the tool including accessing and interacting with external files. Its tens of thousands of global users have contributed scores of such programs such as importing files in different CAD tool file formats and these are all available for use free of charge.

About Premier Farnell

Premier Farnell plc (LSE:pfl) is a leading high service, multi-channel distributor of electronic, and industrial products and specialist services throughout Europe, the Americas and Asia Pacific. It goes to market with a differentiated value proposition, world-class marketing, a stocked range of 450,000+ products, and access to 4,000,000 more items from 3,500 top manufacturers. The company has group sales of £823.1m and over 4,100 employees globally.

While global in scope, Premier Farnell recognises the individual needs of each market and has continued to internationalize its model accordingly, trading locally under different brand names. Its primary electronics businesses trade as Farnell in the UK, India, Europe, Australia and New Zealand, Newark in the US, Canada and Mexico, and Premier Electronics in China and Hong Kong. In Singapore, Malaysia, and Brazil the operation is known as Farnell Newark.

For more information visit the website at

Rony Rajan, 20:20 MEDIA, +91 9901662711,


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Tuesday, March 30, 2010

BWI: Boston IT Solutions Unveils Hardware line-up of their AMD Opteron 6000 Series Server, Workstation and GPU Compute Platforms in India

Press release from Business Wire India
Source: Boston Limited
Wednesday, March 31, 2010 12:00 AM IST (Tuesday, March 30, 2010 06:30 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Information technology; Technology
Boston IT Solutions Unveils Hardware line-up of their AMD Opteron 6000 Series Server, Workstation and GPU Compute Platforms in India

Mumbai, Maharashtra, India, Wednesday, March 31, 2010 -- (Business Wire India) -- Boston IT Solutions (India) Private Limited today announced a variety of new server, workstation and GPU compute solutions powered by the AMD Opteron 6000 Series platform and the AMD Opteron 6100 processors, which have been announced worldwide today.

Boston has been heavily involved in the sale and promotion of AMD platforms for some time now; with today's launch of the world's first 8-core and 12-core x86 processors, the AMD Opteron 6100 series processors offer unrivaled performance levels, power savings and a strong value proposition. Boston's range of solutions are set to raise the bar for customer expectations over previous generation technologies. The increase in core count provides further headroom for intensive enterprise class and research applications in addition to providing high memory bandwidth for large data sets.

"In addition to the obvious benefits of using the latest 12- and 8-core AMD Opteron 6100 processors, exciting new features have been made available such as being able to use the same processors across single/dual/quad socket servers. This provides excellent flexibility to move processors between platforms to suit client needs as business or projects expand over time" says Manoj Nayee, Managing Director.

The introduction of quad channel DDR3 see's a welcome introduction with greatly increased support for further system memory and up to 66% faster memory performance with large data sets. AMD Hypertransport technology has also been improved significantly with up to 4x HT3 (HT 3.0) links now available which can provide up to 25.6GB/s @ 6.4GT/s per link; this provides nearly twice the I/O bandwidth with an integrated CPU/chipset platform.

"The launch of our new AMD Opteron 6000 series based 2U Twin Squared platforms has upped the ante within the industry once again with full support for up to a staggering 96 AMD Opteron 6000 series processor cores made available from a single 2U enclosure that contains 4 hot swappable servers. Designed to offer industry leading performance per watt this highly innovative platform can be scaled upwards to provide up to a phenomenal 2016 AMD Opteron cores into an industry standard 42U rack!" says Wally Liaw, Vice President of international sales at Supermicro.

"AMD India is delivering the next wave of server innovation to the industry in the country," said Ravi Swaminathan, Managing Director, AMD India. "By bringing AMD technology to the marketplace, OEM partners and resellers including Boston IT Solutions are able to offer the platform of choice for business applications, high performance computing, cloud computing, virtualisation, database and more," Swaminathan said.

Boston is uniquely placed in that we have over 19 years of experience in the build, test and manufacture of high performance solutions to meet clients' exact needs. We possess the unique ability to ascertain the exact requirements of a client's needs and are able to turn around a fully bespoke platform based on Supermicro hardware with customer branding, documentation and packaging.

Boston offers bespoke services for specialist applications which include product design and consultancy, additional services include on-site warranty and financial solutions including leasing.

About Boston Limited

Founded in 1992 Boston Limited has built up an exceptional reputation within the IT trade by supplying the latest in high performance technology backed up by unrivalled in-house pre and post sales technical expertise. Boston Limited prides itself in the meticulous engineering of cutting edge Supermicro based server, workstation and storage solutions that are offered with Climate Neutral and worldwide warranty support options.

For further details visit or e-mail or call +91 22 39537425.

To have Boston products featured within any news and review articles or for any review sample requests please contact Neil Kalsi.

About Super Micro Computer, Inc. (NASDQ: SMCI)

Supermicro, established in 1993, emphasizes superior product design to produce class-leading motherboards, chassis and server systems.


Neil Kalsi, Boston Limited, +44 (0)1727 876 100,


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BWI: DBS to Focus on Corporates, High Net-Worth and Emerging Affluent Segment in India

Press release from Business Wire India
Source: DBS Bank
Tuesday, March 30, 2010 05:59 PM IST (12:29 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst, Stock exchanges
DBS to Focus on Corporates, High Net-Worth and Emerging Affluent Segment in India
DBS India's Revenues have Grown Exponentially Over Past Five Years; Bank Now Executing Swiftly on New Strategic Roadmap

Mumbai, Maharashtra, India and Singapore, Tuesday, March 30, 2010 -- (Business Wire India) -- DBS Bank said today that in line with its recently unveiled strategy to pursue growth in India by focusing on corporates, high networth individuals (HNIs) and emerging affluent customers, it has reached an agreement with the Murugappa Group for the latter to buy over its 37.5% stake in Cholamandalam DBS Finance. DBS remains committed to India, a high-growth market, where it has enjoyed stellar performance over the past five years.

The purchase by Murugappa Group, DBS' joint venture partner, was made at Rs. 91 per share or SGD 2.84 per share, representing a 1.2% premium to yesterday's closing price of Cholamandalam DBS Finance shares traded on the Bombay Stock Exchange. The transaction is expected to be completed on or before 12 April 2010 and is not expected to have any material impact on the financial performance of DBS.

DBS is executing swiftly on the new strategic roadmap unveiled by CEO Piyush Gupta in February - in India, the bank wants to focus on corporate clients as well as the HNI and emerging affluent segments. DBS believes this will best enable it to build on the stellar growth it has enjoyed in India over the past five years. Since 2005, revenues in India have grown exponentially as the bank introduced new product lines, adding to its traditional corporate and institutional banking offerings, new businesses such as wealth management and SME banking. For the financial year ended 31 March 2009, DBS India recorded revenues of Rs. 617 crore (SGD 192 million) and profit after tax of Rs. 259 crore (SGD 81 million). Over the same period, DBS India's headcount has grown by over seven times to about 400.

DBS was recently acknowledged as "India's Best Small Bank" and "India's Fastest Growing Small Bank" (Business Today - KPMG Survey India's Best Banks 2009) and is also the recipient of the "Rising Star Cash Management Bank Award" (The Asset Triple A Transaction Banking Awards 2010 and 2009).

DBS India also expanded its branch network rapidly over the past two years. From two branches - one each in Mumbai and Delhi - in 2005, DBS now has 10 branches in prominent locations across the country. Eight branches - in Bengaluru, Chennai, Kolkata, Moradabad, Nashik, Pune, Salem and Surat - opened in quick succession in 2008-09 and have turned profitable within the first year of operations. DBS India recently received regulatory approvals for two more branches in Kolhapur (Maharashtra) and Cuddalore (Tamil Nadu), which will be opened shortly.

DBS and Murugappa Group remain open to future collaboration opportunities in areas such as wealth management and the distribution of financial products.

DBS Chief Executive Piyush Gupta said, "We are at the beginning of what has been heralded as Asia's decade. With a growing network in India, as well as other major emerging markets in Asia, DBS is well-positioned to ride the region's growth. DBS is the first and largest Singapore bank in India, and has enjoyed tremendous growth over the past five years. With the rising middle class and with growing intra-Asia trade flows, we are excited about the opportunities ahead."

DBS India provides a wide range of corporate and investment banking services, including corporate lending, treasury services, transaction services and mergers and acquisitions advisory services to corporates, financial institutions and SMEs. In the personal banking domain, it offers a range of wealth management products. These include products tailored to the needs of customers working or living outside India, comprehensive wealth creation solutions for the emerging affluent segment and "DBS Treasures", a holistic wealth management offering to meet the financial aspirations of HNIs.

About DBS

DBS - Living, Breathing Asia
DBS is the largest bank in Singapore, a leading bank in Hong Kong and is one of the largest financial services groups in Asia. Headquartered in Singapore, DBS has operations in 16 markets and is a well-capitalised bank with "AA-" and "Aa1" credit ratings, one of the highest in the Asia Pacific region.

As a bank that specialises in Asia, DBS leverages its insights, deep understanding of the region and appreciation of local cultures to serve and build lasting relationships with its clients. DBS provides a full range of services in corporate, SME, consumer and wholesale banking activities across Asia and the Middle East. DBS will leverage its growing presence in China, Hong Kong and Taiwan to intermediate the increasing trade and investment flows in the Greater China region. The bank is also focused on extending its footprint and facilitating capital flows in fast-growing Indonesia and India.

DBS acknowledges the passion, commitment and can-do spirit in each of its 14,000 staff, representing over 30 nationalities. For more information, please visit

Edna Koh, Group Strategic Marketing and Communications, DBS Bank, (65) 6878 8134/ (65) 9753 0117,
Sudeep Bhalla, Group Strategic Marketing and Communications, DBS Bank, +91 (22) 67528490/ +91 9820001872,


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BWI: Rhombus Redefines Price Competition in Loan Modification Processing

Press release from Business Wire India
Source: Rhombus Technologies Inc.
Tuesday, March 30, 2010 05:02 PM IST (11:32 AM GMT)
Editors: General: Consumer interest, Economy, People; Business: Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst, Stock exchanges; Technology
Rhombus Redefines Price Competition in Loan Modification Processing

New York, United States, Tuesday, March 30, 2010 -- (Business Wire India) -- There is a very good reason why an increasing number of U.S. loan modification companies prefer to outsource their entire processing division to Rhombus Technologies Inc. ( - it's very good for their business. In just 18 months, Rhombus has not only built its reputation as a quality mortgage loan modification processing center, but has also topped the charts in terms of competitive pricing. According to Umesh Ranglani, CEO of Rhombus, "When it concerns loan modification outsourcing, a vast gap exists between high quality service and price competitiveness. Rhombus is one of the few organizations to successfully bridge this gap."

Through its BPO division, Rhombus delivers effective back-office Loan Modification Processing services to leading law firms, mortgage and real estate brokers across the U.S. "Rhombus helps clients increase profitability by providing loan modification processing services at the lowest prices in the industry, while maintaining a 100% customer satisfaction record", said Umesh.

Rhombus's highly specialized services are not simply an effective tool with monetary advantages, but a means for its clients to build on core competencies and create new business opportunities. While other American firms charge anywhere upwards of $2000 per mortgage file, Rhombus offers its clients flexible contract terms and the lowest processing fee in the industry - complete loan modification processing for just $350 per file. How has Rhombus made this possible?

-- Skilled Manpower - MBAs, Accountants available at relatively lower salaries in India

-- State of the art infrastructure which makes the interaction seamless and

-- Economies of scale which allow the staff to multi task on many files thus reducing the per file cost.

Rhombus's dedicated teams of qualified professionals utilize dynamic and flexible work plans that are perfectly tuned to each client's individual requirements. Organizations handling high volumes can benefit from Rhombus's sound infrastructure which has a scalable processing capacity of up to 20,000 files per month.

Put quite simply, Rhombus has succeeded in positioning itself not just as the organization of choice in loan modification outsourcing, but as the way forward for its clients' continuous growth and development.

Rekha Singh, Rhombus Technologies Inc., +1 877-869-7950,


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BWI: Ocean Optics XR-Series Spectrometers Cover ~200-1050 nm Wavelengths

Press release from Business Wire India
Source: Ocean Optics
Tuesday, March 30, 2010 02:38 PM IST (09:08 AM GMT)
Editors: Business: Banking & financial services, Business services, Electronic appliances & components; Technology; Healthcare
Ocean Optics XR-Series Spectrometers Cover ~200-1050 nm Wavelengths
Extended Spectral Range with High Optical Resolution Fits Project Needs and Budget

Mumbai, Maharashtra, India, Tuesday, March 30, 2010 -- (Business Wire India) -- Miniature spectroscopy pioneer Ocean Optics ( has expanded the wavelength capabilities of several of its popular miniature fiber optic spectrometers. The XR-Series, available for the USB2000+, JAZ-EL2000, and USB4000, covers all wavelengths from ~200-1050 nm with the convenience and affordability of a single, monolithic spectrometer.

Photo: (767 KB)

The new XR-1 grating option developed by Ocean Optics overcomes the traditional challenges of providing broad UV-NIR coverage in a single miniature spectrometer. With a 500 lines/mm density, the grating delivers high performance at a budget-friendly price, without increasing the system footprint. The XR-1 grating is available pre-configured in the USB2000+, JAZ-EL2000, and USB4000 and may also be added as an option to custom-built systems.

The XR-Series spectrometers deliver an optical resolution of ~2.0 nm (FWHM). Ocean Optics' proprietary order-sorting filter is applied directly to the detector to eliminate second- and third-order effects. The 25 µm slit on the preconfigured units delivers good optical resolution for most applications. XR-Series spectrometers are a convenient single-instrument solution for setups where both UV-VIS and VIS-NIR measurements are needed, and are well suited to measurement of samples with response across the entire wavelength range, such as solar irradiance, atomic emission line measurement and some plasma applications.

About Ocean Optics

Headquartered in the USA, Ocean Optics ( is a leading supplier of solutions for optical sensing - fundamental methods of measuring and interpreting the interaction of light with matter. With locations in Asia and Europe, the company has sold more than 100,000 spectrometers worldwide since 1992. Ocean Optics' extensive line of complementary technologies includes chemical sensors, analytical instrumentation, optical fibres, thin films and optics. The company is a subsidiary of Halma p.l.c.

About Halma

Halma p.l.c. ( is an international market leader in safety, health and sensor technology. A public company listed on the London Stock Exchange, it has over 4000 employees in over 40 subsidiaries worldwide with a total turnover of over US$780m (2008). Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India's economy in areas such as manufacturing, energy, water and waste treatment, the environment, construction, transport and health.

Halma recently opened a Hub office in Mumbai. For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at:

Ocean Optics head office contact details:
Ocean Optics Inc.
830 Douglas Avenue
Dunedin, FL 34698
Tel: +1 727 733 2447; Fax: +1 727 733 3692

Mr Kuniyur. J. Srinivasan, Country Head & Managing Director, Halma India, +91 (22) 67080400,
Damian Corbet, Halma PR Services, +44 20 8511 1821,


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BWI: Cox & Kings Teams Up with Tourism Australia and Qantas to Launch Exciting Summer Offers

Press release from Business Wire India
Source: Cox & Kings (India) Ltd
Tuesday, March 30, 2010 12:55 PM IST (07:25 AM GMT)
Editors: General: Consumer interest, Lifestyle, Travel & tourism; Business: Advertising, PR & marketing, Hospitality, Travel & tourism
Cox & Kings Teams Up with Tourism Australia and Qantas to Launch Exciting Summer Offers

Mumbai, Maharashtra, India, Tuesday, March 30, 2010 -- (Business Wire India) -- Cox and Kings (India) Ltd, the longest established travel company in the world since 1758, has teamed up with Tourism Australia and Qantas to launch amazing summer offers. Book a seven-day Simply Australia package for Rs. 89,990 and visit any one city on offer free. The price is inclusive of airfare and is valid for travel till October 31, 2010.

According to Karan Anand, head-relationships and supplier management, Cox and Kings (India) Ltd, "We are truly delighted to invite you to Australia. Our association with Tourism Australia and Qantas will give travellers a chance to experience the best of Australia. Experience the stunning harbour, exciting theme parks and the majestic beaches over 7 days in Sydney and Gold Coast. With this offer you can spend an extra two days in the city of your choice."

You can choose the elegant capital of Adelaide; the adventurer's tropical paradise and an ideal base to explore the Great Barrier Reef in Cairns; Melbourne is a wonderful blend of architecture heritage, modern sky scrapers and contemporary designs; you can take a leisurely break from the hustle and bustle of modern city life and discover an unspoilt and diverse blue water paradise with golden sandy beaches and clear bays at Port Stephens. Enjoy an island breakaway at Tangalooma and meet Bees, Echo, Freddy, Lefty and the other wild Dolphins. A visit to cosmopolitan Hamilton Island is a definite must-do - idyllic coral fringed beaches provide the perfect romantic backdrop for an ideal tropical holiday experience. "Any one of these fabulous cities is yours for the taking," adds Karan Anand.

Simply Australia takes you to Sydney and Gold Coast for Rs. 89,990. This price is inclusive of return airfare, accommodation, meals, transportation and sightseeing as mentioned in the itinerary.

For more details, contact 1800221235, 18002090400, 9867565599; SMS: AUSTRALIA to 5757513 or log on to


Cox and Kings (India) Ltd. the longest established company in the world in 1758, is listed on the Bombay Stock Exchange and the National Stock Exchange in India. Our business can be broadly categorised as Leisure Travel, Corporate Travel, Forex and Visa Processing. We also provide value added services viz., customising travel plans for our NRI customers, travel arrangements for Trade Fairs, providing private air charter services, etc. Besides, we offer travel related foreign exchange & payment solutions. In fact, we are one of the first travel companies in India to be granted a license as an Authorized Dealer - Category II under the new licensing regime.

Cox and Kings has won several awards and recognition. It has been ranked #1 Top Brands in India and # 152 amongst Top 1000 Brands in the Asia Pacific region, based on a survey conducted by research agency, TNS and co-funded by Media magazine across the markets of 10 countries in the Asia Pacific, namely Australia, China, India, Japan, Hong Kong, Korea, Malaysia, Singapore, Taiwan and Thailand.

Recently, it has won "Best Domestic Tour Operator" and "Best Visual Advertising Campaign" awarded by Galileo Express Travel World Awards (2008). Mr. Ajay Ajit Peter Kerkar, Global CEO, Cox and Kings has been honoured with the WTM Global Award 2008 for his remarkable contribution to the travel and tourism industry by the World Travel Market (WTM). Cox and Kings has been ranked amongst the Top 15 Tour Operators by Conde Nast Traveller's Readers Travel Awards 2008. It won the Best Self Drive Brochure by Tourism New Zealand Asia Awards (2008).

In the past, Cox and Kings has won the CNBC Travel Award for "Most Preferred Travel Operator" in 2007 & the Abacus-TAFI awards for the Best Outbound Tour Operator as well as the Best Domestic Tour operator in 2007. Cox and Kings has also won the Government of India's National Tourism Award for Conferences, for seven years & the National Tourism Award for the Best Domestic Operator for three years.

Cox and Kings' registered office is situated in Mumbai, India with 255 points of presence covering 164 locations through a mix of branch sales offices, franchised sales shops, General Sales Agents (GSAs) and Preferred Sales Agents (PSAs).

We have 14 branch sales offices located in Mumbai, New Delhi, Chennai, Kolkata, Bangalore, Hyderabad, Ahmedabad, Jaipur, Kochi, Pune, Nagpur and Goa. Besides, Cox and Kings also operates through 56 franchised sales shops spread across India to have larger access to our customers. Further, we have an extensive network of 185 GSAs and PSAs covering all major towns and cities of India.

Cox and Kings has a global presence with its operations in 19 countries besides India through subsidiaries, branch offices and representative offices. We have subsidiaries in UK, Australia, New Zealand, Japan, US, UAE and Singapore and operates from Moscow (Russia), Maldives and Tahiti through our branch offices and Spain, Sweden, Germany, Italy, France, South America and South Africa through our representative offices. Further, we have presence in overseas markets through a network of GSAs and PSAs covering other countries enhancing our global presence.

Thomas C Thottathil, Head - Corporate Communications, Cox & Kings (India) Ltd,
Praneeta D'Souza, Manager - Corporate Communications, Cox & Kings (India) Ltd,


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BWI: New Delhi to Host the 4th Public Relations Council of India (PRCI) Global Meet and Annual Awards Gala Event on 3rd April 2010

Press release from Business Wire India
Source: Public Relations Council of India (PRCI)
Tuesday, March 30, 2010 12:00 PM IST (06:30 AM GMT)
Editors: General: People, Social issues; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment, Telecommunications; Technology
New Delhi to Host the 4th Public Relations Council of India (PRCI) Global Meet and Annual Awards Gala Event on 3rd April 2010
National PRCI Chanakya Awards for Achievers to be Conferred on Eminent Communication Professionals and High Performing Organisations from Across the Industry

New Delhi, Delhi, India, Tuesday, March 30, 2010 -- (Business Wire India) -- Public Relations Council of India (PRCI) is holding its 4th Global Meet, Seminar and Annual Awards Gala Events at the Gulmohar, Hall, India Habitat Centre, Lodhi Road, New Delhi on 3 April 2010. Mr. Manishankar Aiyar, Advisor to the Bureau of Parliamentary Studies & Training and Former Union Minister of Petroleum & Natural Gas, has kindly consented to inaugurate the programme and give away the awards.

At the programme, PRCI will announce the much awaited Annual PRCI Chanakya Awards 2010 for national achievers and the PRCI Corporate Collateral Awards 2010 for organisations. The 'PRCI Hall of Fame 2010' for communication professionals will also be conferred on eminent professionals from the industry during the meet. Over 400 participants are expected to participate in the full-day programme.

Speaking on the theme, Mr. M.B. Jayaram, Chairman Emeritus & Chief Mentor, National Governing Council, PRCI, said, "'This year, the focus is on Emerging Avenues in Specialized Communications and the one-day seminar will create a common knowledge platform for communication professionals to speak, listen, interact and analyze the changes and evolve communication strategies to keep pace with the changes. The seminar also includes business sessions and panel discussions which will discuss the emerging trends especially with relation to marketing, media, PR and related communication aspects".

Further on the programme, Mr. N.D. Rajpal, President, PRCI said, "The event will see the participation of top media, PR and other communication practitioners of national and international distinction from different parts of the globe for learning, knowledge sharing, fellowship and inspiration. The PRCI annual global meet has established itself as one of the leading international platforms for communication professionals and decision makers of top-performing industries/organisations in India and from around the world to gather, to share ideas, discuss and deliberate on the latest developments and best practices in PR and communications."

"The views and experiences shared by the professionals at the global meet will help the participants to make long-lasting connections that will help further create a niche in their communication plans and professional careers. The PRCI annual awards are one of the most prestigious events in the realm of marketing, corporate communications as also government relations. Over the years, PRCI awards have acquired prestigious status and distinction. They are now keenly contested and proudly won by both individuals and corporate houses," said Krishna B Mariyanka, Vice President, PRCI.

Detailing more on the awards, Krishna B. Mariyanka said, "PRCI Corporate Collateral Annual Awards for 2010 will be given away under 18 categories and Gold, Silver and Bronze trophies will be awarded for the meritorious and winning entries under each category. Under the Annual PRCI Chanakya Awards (National Awards for Achievers), awards will be given away to individuals and organizations in about 12 categories.

"The PRCI Hall of Fame 2010 (National Awards for PR Professional) will be conferred upon 10 top ranking, eminent professionals from Public Relations discipline. The jury for awards selection consists of highly experienced, eminent professionals from the world of mass communication and media", he added.

This year, about 57 corporate bigwigs from wide-ranging industries across the nation are in the fray to win the coveted corporate collateral awards. Over 750 entry nominations under various categories coming from include that of Coca-Cola, IDBI Bank, BEML, ITI, Jet Airways, Sahara India Pariwar, Mahindra & Mahindra, UB Group, MSPL, BIAL, Kingfisher, KMVIA, BHEL, Power Grid Corporation of India, Canara Bank, State Bank of Hyderabad, NTPC, Novartis, JUSCO, Tata Chemicals, FM Radio One, IMRB, KPCL, Central Bank of India and many others. The winners of the contest will be announced at the programme and awarded with accolades at the gala awards night.

The event will commence with registrations at 8:30 am followed by the inaugural session with keynote address at 11.00 am. The Annual PRCI Chanakya Awards and The PRCI Hall of Fame 2010 awards will be given away between 11.30 am and 12.30 pm which will be followed by topical sessions at 2.00pm. The event will conclude with the presentation of PRCI Corporate Collateral Annual Awards for 2010 from 5.00 pm to 6.30pm. The networking dinner for registered participants is from 6.30pm onwards.

About PRCI (

Public Relations Council of India (PRCI) is a non-political and not-for-profit organisation of professionals in the field of public relations, communications, advertising, education and many other allied services, providing industry professionals an opportunity to serve their community by encouraging high ethical standards in their respective areas of work and will be the first forum to offer accreditation to professionals in the stream. PRCI also has a separate cell for social action to look at developmental and social issues.

PRCI today has emerged today in the country as one of the foremost platforms for PR professionals for global exchange of ideas in many areas of public relations such as corporate communications, advertising, reputation management and academics. The organization provides a forum where creative minds often come together, upholding the challenges and values of professionalism in PR.

PRCI, the registered body of PR professionals which was born just about four years ago, is proud to have over 18 active chapters spread across India and installation of 10 more chapters are on the anvil, with plans to go international in the very near future.

PRCI Mission

-- To promote the practice of Public Relations at local, national and international levels
-- To enrich professional development and networking opportunities for higher standards of PR practices with international understanding, friendship and co-operation
-- To further the cause of the profession in multi dimensions

For more details, you may wish to contact Krishna B. Mariyanka, Vice President, PRCI on +91-9900235054 or write to with a copy to or view

Jennifer Rodrigues, Aikya Global, +91 9900235054/ +91 9448463330,


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BWI: More Indian Companies Looking to Incorporate in Singapore, Reports

Press release from Business Wire India
Tuesday, March 30, 2010 11:30 AM IST (06:00 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology; Technology
More Indian Companies Looking to Incorporate in Singapore, Reports
The Strong Bilateral Ties between Singapore and India are Resulting in More Indian Companies Incorporating in Singapore, using the Country as a Launchpad to Expand their Businesses Globally

Singapore, Tuesday, March 30, 2010 -- (Business Wire India) -- Analysis by shows that a number of indicators are pointing towards an increased company formation activity in Singapore by Indian firms and the Indian business community's confidence in using Singapore as a launchpad for business expansion in Asia Pacific is rising.

The governments of the two countries are actively promoting this increased cooperation. Singapore's Senior Minister Goh Chok Tong recently visited India and proposed to Indian Prime Minister Manmohan Singh that Indian businesses should use Singapore as the platform for corporate expansion and networking with major Asian leaders and businessmen. An increasing number of small and large Indian businesses are paying attention to these messages; as Indian businesses look beyond their borders and undertake acquisition of foreign assets, Singapore is emerging as the preferred venue for their expansion.

Indian health-care giant, Fortis Health Care Ltd. recently acquired a 23% stake in Parkway Holdings Ltd., a Singapore-based premium health-care service provider in Asia. The deal has helped Fortis expand in Southeast Asia and establish a wider Asian footprint. Another case in point is Tata Steel's acquisition of Singapore's largest steel company - Natsteel - in the last few years. Similarly, a sizable number of Indian educational institutions and IT companies have been investing in Singapore in the last two years, and Indian companies in other sectors have been setting up regional headquarters in Singapore.'s analysis shows that there are approximately 4,000 established Singapore companies with Indian parentage - the second largest foreign corporate contingent in the Singapore. According to the Singapore Department of Statistics' 2008 foreign direct investment, India accounts for the second-highest Foreign Direct Investment in Singapore amongst fourteen Asian economies. The Singapore-India trade figures reveal that India was Singapore's 10th largest trading partner in 2008.

These are strong indicators of robust Singapore-India ties. According to Ms. Jacqueline Low, the Director of Corporate Services at Janus Corporate Solutions - the company that runs the site, "Strong bilateral ties between India and Singapore are likely to result in more Indian companies establishing a business presence in Singapore. In fact, in recent months we have witnessed a significant jump in the number of inquiries for our Singapore company registration services from Indian firms."

Singapore is a natural gateway for Indian companies who are eager to expand globally and tap into the Southeast Asian market. Singapore's compelling advantages include pro-business climate, stable political environment, effective legal system, low taxes, a cost-effective and readily available talent pool, strategic location, excellent infrastructure, and a large tax treaty network. "Given the strong socio-cultural relations between India and Singapore, Indian companies find it easier to establish a business presence here. The ease of company formation and the lack of red-tape are other factors that our Indian clients find attractive about Singapore," added Ms. Low.

About is a unit of Janus Corporate Solutions Pte Ltd - a leading Singapore-based firm that provides Singapore company formation services to businesses and entrepreneurs worldwide.

Janus Corporate Solutions Pte Ltd
16 Raffles Quay #32-04
Hong Leong Building
Singapore 048581

Andrew Chen,, +65 6222 7445,


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BWI: Maximizer Software Announces Maximizer CRM 11 for Small and Medium Sized Businesses in India with Industry’s First All-Inclusive Licences – Desktop, Web and Mobile

Press release from Business Wire India
Source: Maximizer Software Ltd.
Tuesday, March 30, 2010 11:14 AM IST (05:44 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Information technology, Telecommunications; Technology
Maximizer Software Announces Maximizer CRM 11 for Small and Medium Sized Businesses in India with Industry's First All-Inclusive Licences - Desktop, Web and Mobile

Bracknell, United Kingdom, Tuesday, March 30, 2010 -- (Business Wire India) -- Unveiling its largest-ever customer access footprint through expanded web and mobile delivery, Maximizer Software Inc., a leading provider of simple, accessible customer relationship management (CRM) and mobile CRM solutions for small and medium-sized businesses (SMEs) and divisions of large enterprises, today announced the availability in India of its latest version, Maximizer CRM 11. As the first SME-focused CRM provider offering an inclusive, all-access license model - encompassing desktop, web and mobile CRM access options - Maximizer's newest version enables mobilised workforces to capitalise on business opportunities from any location.

"In an environment where SMEs are continually pushed to do more with less while achieving demanding sales targets and operating as efficiently as possible, we developed Maximizer CRM 11 to give them a competitive edge and comprehensively support both their in-office and mobilised workforces," said William Anderson, executive vice president of technology, Maximizer Software.

"The global economic climate is improving but there are still some old issues and new challenges that SMEs have to address urgently if they are to rebuild their businesses, return to growth and boost their bottom line," adds Mike Richardson, managing director, Maximizer Software EMEA. "They have to balance the need for a steady flow of high-quality sales leads with delivering first class customer service, for example, while ensuring rapid response in a 24/7 global economy. Maximizer CRM 11 is a valuable asset that helps make every sales opportunity count by providing real time insight into performance; informs better decisions by turning data into knowledge; and saves time, resources and money by automating best practices.

"Maximizer CRM also allows organisations to adapt to changing work patterns - acting as a gateway to information anytime, anywhere - so teams need never be out of touch, nor lose business opportunities because of slow response."

Expanded Web Access Reach and Marketing Capabilities

Maximizer CRM now supports the Firefox web browser, which appreciably broadens its web access footprint beyond Microsoft® Windows®, to include both Apple (Mac) and Linux platform users. Additionally, full marketing campaign support via web access now enables marketing staff to send e-mail campaigns and track and report on results from anywhere.

Powerful Sales Performance Management and Business Intelligence Tools

Offering expanded sales force automation and business intelligence capabilities, Maximizer CRM 11 gives organisations increased visibility into actual performance for better evaluation and forecasting, as well as tools to proactively keep sales opportunities moving forward.

For example, Sales Quota Management now gives managers real-time insight into sales performance, which enables them to determine accurate annual/monthly sales results for individuals, teams, or by territory, compared against sales quotas. Managers can monitor ongoing sales performance from their quota window or dashboard. Additionally, Sales Opportunity Monitoring allows sales teams and managers to proactively monitor opportunities and encourage forward progress during the sales cycle.

New wizard-driven dashboards enable executives and managers to monitor key performance indicators that matter most to them. Real-time indicators can be easily customised, reflecting the most meaningful data in real-time, including the ability to click through to a deeper level of information or view lists. Maximizer CRM 11 features a new, intuitive user interface based on Microsoft Office's familiar 'ribbon' style navigation found at the top of Microsoft Office applications.

More End-to-End Mobile CRM Features

Delivered via smartphones such as BlackBerry® devices, Maximizer Mobile CRM gives professionals instant access to information in the field, including customers' history, leads, sales opportunities, dashboards, customer service cases, documents, and schedules. New Maximizer Mobile CRM features include optimised usability, such as a redesigned interface, tighter integration with native BlackBerry applications, and more end-to-end features that enable deeper interaction with real-time customer data. Wireless synchronisation is no longer required.


Maximizer CRM 11 is available in Group and Enterprise Editions. Orders may be placed directly from Maximizer or through its global network of business partners, including Virtuos Solutions, headquartered in New Delhi. New all-access licence pricing includes desktop, mobile and web access, as well as one full year of inclusive upgrade assurance and technical support. Please inquire for full pricing and promotional offers valid until May 28, 2010.

About Maximizer Software

For more information, please visit: or

For more information about Virtuos Solutions please visit:

Mark Carter, Marketing Manager EMEA, Maximizer Software Ltd., +44 (0) 1344 766909,


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