Thursday, July 31, 2014

BWI: Business and IT Emerge as Essential Allies in the Move to Social IDs and ‘Bring Your Own Identity’

Source : CA Technologies
Thursday, July 31, 2014 5:34PM IST (12:04PM GMT)
Business and IT Emerge as Essential Allies in the Move to Social IDs and 'Bring Your Own Identity'
New Research from the Ponemon Institute and CA Technologies Shows Value of BYOID, Focus on Mobile and Web Users with Desire for Increased Security
Mumbai, Maharashtra, India

New research shows that both the lines of business and IT departments see value in “Bring Your Own Identity” (BYOID) initiatives, where social networking or digital IDs are used for application login. The groups also agree that more security is needed to increase BYOID adoption. The report, “The Identity Imperative for the Open Enterprise 2014,” conducted by the Ponemon Institute and CA Technologies (NASDAQ: CA), examines business user and IT department attitudes toward BYOID.
“In today’s application-driven economy, access to applications has to be simple and secure. BYOID is an increasingly popular option for simplifying access. It can reduce the need to create new accounts for every site, which leads to registration fatigue and abandoned shopping carts,” said Vic Mankotia, vice president, solution strategy, Asia Pacific & Japan, CA Technologies. “We are working to make sure we enhance BYOID security without adding friction or complexity.”
The report, which also covers two key Asia Pacific countries, India and Australia, provided several key insights into BYOID, including the current state of adoption, its perceived value, views toward the identity providers and how BYOID could be enhanced.

Current State
BYOID deployment using social IDs is still in its infancy, but interest is high, especially for mobile and web customer populations. There is a high level of interest in BYOID and using social identities such as Facebook, LinkedIn or Yahoo, with 50 percent of IT and 63 percent of business users globally expressing high or very high interest. Customers engaging with the business via the Web and mobile device were highest rated for targeted digital identity engagement, eclipsing other populations such as job recruits, employees, contractors and retirees.
Perceived Value
Identity is now viewed as a contributing growth asset as well as a security component. Both IT and business users agreed that an important reason for BYOID adoption in their organization was to achieve a stronger identity credential and get a higher level of confidence that a user is who he says he is (69 percent and 65 percent respectively) especially in India where 72 percent of business users feel this way. But business users cited capturing attributes about users as the biggest benefit (95 percent). This indicates an evolving view of identity. No longer viewed as simply a component for protecting data, identity is now seen as a value asset that can provide data which could drive incremental revenue and help maintain customers.

Enhancing BYOID
Additional security developments could drive increased BYOID adoption. The majority of IT and Business users globally said “identity validation processes” would help increase BYOID adoption (72 percent and 70 percent respectively). Implementing fraud risk engines also rated among the top three across both groups. In India, business users feel that simplified user registration would help the most (76 percent). Interestingly only 27 percent of business respondents globally believed formal accreditation of the identity provider was very important / essential, while 59 percent of IT users believe formal accreditation is very important / essential.
Perception of Identity Providers
Respondents’ preferred identity provider varied based on the situation and region. When asked what social ID was of most interest to their organization, IT users ranked PayPal as the preferred identity provider across all regions. Business user responses varied with Amazon edging out PayPal and Microsoft. However, business users in India ranked Microsoft Live and Yahoo highest. When asked what social ID respondents preferred as a consumer, Google was highest ranked among both IT users and business users but in India, Facebook was the provider of choice for business users.   
“A holistic examination of the attitudes uncovered in the research show two clear views of identity,” said Dr. Larry Ponemon, chairman and founder, Ponemon Institute. “IT continues to take a traditional risk-based, security view of dealing with identities, while the business side takes a more value-based, customer-centric view of identity. In order to gain the most value from any BYOID initiative, these two groups must collaborate and become allies for secure business growth.”


About the Study
The study was commissioned by CA Technologies and conducted by the Ponemon Institute, an independent research firm specializing in privacy, data protection and information security policy. It surveyed 3,115 IT and business professionals located in the North America, Brazil, United Kingdom, France, Germany, Italy, India and Australia. One hundred percent of the respondents were from organizations with more than 1,000 people; 75 percent were from organizations with $500 million or more in annual revenue. The study was completed at the end of June 2014.
About CA Technologies
CA Technologies (NASDAQ: CA) provides IT management solutions that help customers manage and secure complex IT environments to support agile business services. Organizations leverage CA Technologies software and SaaS solutions to accelerate innovation, transform infrastructure and secure data and identities, from the data center to the cloud. Learn more about CA Technologies at:

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Mou Chakravorty, 20:20 MSL, ,+91-8454042392 ,


KEYWORDS: Business/ Finance:Advertising, PR & marketing, Business Services, Information Technology, Technology


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BWI: MSM and Blogmint Felicitate the Winners of the LIV Sports Bloggers World Cup

Source : Sony LIV
Thursday, July 31, 2014 5:10PM IST (11:40AM GMT)
MSM and Blogmint Felicitate the Winners of the LIV Sports Bloggers World Cup
The Innovative Influencer Marketing initiative received a phenomenal response with an organic reach of 3 million
Mumbai, Maharashtra, India

LIV Sports and Blogmint today crowned Nekib Ahmed as the winner of the first LIV Sports Bloggers World Cup at a grand event in Gurgaon. The Bloggers world cup was a unique Influencer Marketing initiative from LIV Sports and Blogmint that allowed bloggers to blog about their favorite team and compete on a real time basis. The LIV Sports Bloggers World Cup was hosted on the Blogmint platform, a leading Bloggers Marketplace, managed by Tangerine Digital.
The LIV Sports Bloggers World Cup was launched to kindle the football passion in social media savvy youth of India received over 10,000 entries from football bloggers across the Indian sub-continent. Top 32 bloggers were selected to participate based on their social influence, Sports relevancy and passion for innovative Digital Marketing. They followed the similar format as the 2014 FIFA World Cup, from the qualifying rounds, to knockout stages. The top two bloggers from each group were further shortlisted to the quarterfinals on the basis their Blog Score – a measure of their influence.

The awards were given by Mr. Nitesh Kripalani, Executive Vice-President – New Media, Business Development and Digital/Syndication at Sony Entertainment Network.  Launched in June this year, LIV Sports is the Official Mobile and Internet Broadcaster for the 2014 FIFA World Cup. LIV Sports offers both LIVE and Video-on-demand match content, with rich and informative statistics and analysis
Nekib Ahmed won the month-long competition with a whooping number of views; he had stiff competition from Faisal Haq and Jatin, they finished second and third respectively. “I am so glad that I had the opportunity to be part of this exciting LIV Sports Bloggers World Cup. The entire journey has been a learning experience and every challenge has helped me discover my strength.” said, Nekib Ahmed.
The innovative Influencer Marketing initiative received a phenomenal response on the digital platforms with an organic reach of 3 Mn on Social media based on the 151 blogs written by the contestants.
Commenting on behalf of Blogmint, Kesavan Kanchi Kandadai, Chief Executive Officer, Tangerine Digital stated, “We are delighted with the response and interest that the LIV Sports Bloggers World Cup has received on the digital platform. We would like to congratulate the winners and assure that similar properties, across Sports will be launched in the near future.”


Sony Pictures Television (SPT) backs Multi Screen Media Private Limited, which is India’s leading television network. It comprises Sony Entertainment Television (SET), one of India's leading Hindi general entertainment television channels; MAX, India’s premium Hindi movies and special events channel; SAB, a family comedy entertainment channel; PIX, the English movie channel; MIX a refreshing Hindi music channel, SIX, India’s Premier Sports Entertainment Channel and LIV, the digital channel. Multi-Screen Media’s channels are available across the Globe and influence over 400 million viewers in the Indian sub-continent, and the South Asian Diaspora worldwide.

SONY Entertainment Television, Sony HD, MAX, SAB, MIX, PIX, SIX, SIX HD, AXN, Animax, Aath, Discovery Channel, Discovery Channel Tamil, Animal Planet, TLC, Discovery Science, Discovery Turbo Discovery Kids and Discovery HD World, it also distributes the leading News network in the country - the TV Today Network channels - Headlines Today, AajTak and Tez and the premium Sports’ channels - Neo Prime & Neo Sports.

About Tangerine Digital:
Tangerine Digital Entertainment Pvt. Ltd., founded in 2006 is amongst the country’s leading digital content creation & management solution provider serving brands across sectors. Tangerine specializes in customized content creation services, media management, re-purposing for platforms and communities, library management, Metadata, platform analytics, content monetization, content aggregation and content crowdsourcing. Tangerine Digital is also the first service provider to attain the YouTube Certification in the Asia-Pacific region. For more information, please visit:
Tangerine is part of the TO THE NEW group, ( one of Asia's leading digital services network. With offices in Delhi, Mumbai, Chennai, Singapore, Manila, Kuala Lumpur, Jakarta, Dubai, Beijing, Guangzhou and Burbank, it is one of the only groups that provide digital marketing, content, technology and analytics services under one umbrella.

Photo Caption: Mr. Nitesh Kripalani handing over the certificate to winners of LIV Sports Bloggers World Cup

Media Contact Details

Bushra Ismail, Value 360 Communications, ,+91-9654408464 ,


KEYWORDS: Business/ Finance:Advertising, PR & marketing, Media & Entertainment, Sports, Technology;General:Consumer interest, Entertainment, Internet


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BWI: Saahil Peerzaada Enters into a Joint Venture with Mitas Generators

Source : Expandable Infra Pvt. Ltd.
Thursday, July 31, 2014 12:53PM IST (7:23AM GMT)
Saahil Peerzaada Enters into a Joint Venture with Mitas Generators
Mumbai, Maharashtra, India

In the recent past, Saahil Peerzaada, CEO of Expandable Infra Pvt. Ltd., has been working hard to expand his business reach to places where he can put to use his business acumen and help in the development of energy sector. He has been growing his business in countries like India, Iraq, Indonesia, Malaysia and Middle East and European countries.

Cyprus needs to invest in the field of power generation if it is to become a strong energy centre whereas a Mediterranean country, which suggests the sector, is very much positive for any investment. Various foreign companies are taking advantage of the opportunities given by the rising sector of power industry in the Mediterranean sector through investment and public-private partnership. Investments have come in the Real Estate sector as well as the region shows great promise for building living and commercial spaces.

In a recent affair, to fulfill his insatiable urge for business development, Saahil Peerzaada has completed a business joint venture with a leading Power giant company Mitas Generators. Mitas has been in the Power industry and it is one of the major giants of Europe involved in the production of power generators. Mitas was looking for investment to put for the development of the area and upgrading their business as well as someone who could expand their expertise and growth of the business and power industry, and there could have been no one better than Saahil Peerzaada.

Saahil Peerzaada’s incisive headship, farsighted and ingenious thinking has been conscientious for the huge gaits that Expandable Infra Pvt. Ltd. has already made. Expandable Infra has strategically defined its organization model to enable growth through enhanced levels of equality with focus on the fluctuating market sensitivities. The configuration is put together around diverse businesses that meet the needs of different industries.

ABOUT Expandable Infra Pvt Ltd:

Expandable Infra Pvt Ltd is a Construction and a Consulting company from India with focus on Oil and Gas, Power, Infrastructure, Real Estate, Duty Free Bonded Warehousing, etc. Incepted by Saahil Peerzaada, Expandable has established footprints across seven countries in a short period of 2 years. The company has attained a reputation of pride in all major lines of its business with a strong client and customer-focused approach and constant pursuit for outstanding quality. Expandable has an international presence, with offices in India, Dubai, Malaysia, Cyprus, Iraq and UK and have strategic alliances with some major business houses across the globe.

Media Contact Details

Gurpreet Singh, Expandable Infra Pvt. Ltd., ,


KEYWORDS: Business/ Finance:Business Services, Construction & Property, Energy Companies, Major diversified industrial groups, Oil & Gas, Real Estate


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BWI: एटीएंडएफ इंडिया ने चकन, भारत में अपनी इकाई के परिचालन का विस्तार किया

Source : Business Wire
Thursday, July 31, 2014 10:37AM IST (5:07AM GMT)
एटीएंडएफ इंडिया ने चकन, भारत में अपनी इकाई के परिचालन का विस्तार किया
Pune, Maharashtra, India

चकन, भारत -- (बिजनेसवायर) – 31 जुलाई 2014

बड़े पैमाने पर वेल्डिंग और स्टील फैब्रिकेशन के लिए दुनिया भर में जाने पहचाने, क्लीवलैंड, ओहियो मुख्यालय वाले एटीएंडएफ की पूर्ण स्वामित्व वाली सहायिका एटीएंडएफ इंडिया फैब्रिकेशन प्राइवेट लिमिटेड ( ने चकन, महाराष्ट्र स्थिति अपनी इकाई का 8,735 वर्ग मीटर (94,000) वर्ग फुट में विस्तार किया है। 2011 में शुरुआत के बाद से एटीएंडएफ इंडिया गुजरात की प्रमुख इंफ्रास्ट्रक्चर परियोजनाओं में एक प्रमुख साझेदार रहा है। एटीएंडएफ इंडिया ने पावर प्लांट, बंदरगाह विस्तार परियोजना नौका और पौनटून के निर्माण के लिए प्रमुख इस्पात संरचनाएं तैयार की हैं।

फर्म ने एक नई निर्माण इकाई का निर्माण शुरू किया है। इसे 2015 के शुरू में पूरा किया जाना है। चकन में नई एटीएंडएफ इकाई और पुणे के पास औद्योगिक विकास में 20 टन भार उठाने की क्षमता और स्टील प्रोसेसिंग उपकरण होंगे जो निर्माण, परिवहन, खनन और बिल्डिंग बनाने के उद्योग में ओईएम (मूल उपकरण निर्माताओं के लिए) घटकों और उपकरणों को फैब्रिकेट और असेम्बल करेंगे।

एटीएंडएफ के सीईओ माइकल एफ रिपिक ने कहा, भारतीय बाजार को हमें जिस सबसे महानतम चीज की पेशकश करनी होती है वह सिर्फ उच्च गुणवत्ता वाला स्ट्रील फैब्रिकेशन नहीं है जिसकी भारी मांग है। इसकी बजाय, ज्ञान और प्रबंध जैसे विषय हैं जो सबसे मूल्यवान उत्पाद हैं। इनने अमेरिका में सत्तर साल से ज्यादा समय तक हमारी सेवा की है। एटीएंडएफ भारत के परिचालन एटीएंडएफ अमेरिका के कारोबारी मॉडल की बुनियाद के साथ-साथ चलते हैं और ग्राहकों को एकदम सही काम, दस्तावेजों के साथ पूरी तरह नैतिक और कार्यकुशल ढंग से पूर्ण करके मुहैया कराते हैं। हम चाहते हैं कि हर कोई इस बात से वाकिफ हो कि हम अलग हैं और इतने कि दिखाई देता है। 

अमेरिकी सहयोगी की ही तरह यहां की इकाई में भी बड़ी क्षमता वाले उपकरण होंगे जो साइज स्कोप और सूक्ष्मता की सीमा को आगे बढ़ा देते हैं। आगे की टिप्पणियों में रिपिक ने कहा, “सुविधा का यह विस्तार ग्राहकों की सफलता के लिए देसी और विदेशी इकाइयों में निरंतर निवेश की हमारी प्रतिबद्धता का बयान है।” 

एटीएंडएफ ने एक उल्लेखनीय कॉरपोरेट ख्याति बनाई है और उद्योगों को जरूरत के अनुसार स्टील के समाधान बनाकर देता है जो सारी दुनिया में उपयोग में लाए जाते हैं। गुणवत्ता और नवीनता ने इसके विकास को गति दी है और यह जो निर्माण समूह है उसे पारिभाषित करने में भी इन्हीं की सहायता रही है। एटीऔरएफ ग्राहकों की सफलता के लिए प्रतिबद्ध है और इसके लिए इसके पास सुविज्ञ सुविधाएं और लोकेशन तथा नॉन पैरेल क्वालिटी सिस्टम हैं। एएसएमई यू, यू2, एस, एन, एनपीटी, एनएस, एनए स्टैंप्स औरआईएसओ 9001 2008 प्रमाणित है। एटीएंडएफ दुनिया भर में 700,000 वर्ग फीट निर्माण स्थल का संचालन करता है। ये क्लीवलैंड, ओहियो, ओरविल्ले, कार्लस्टन, एससी,अरहस, डेनमार्क  और मुंबई  भारत में हैं।

फोटो डाउनलोड करें

संपर्क :
एटीएंडएफ इंडिया फैब्रिकेशन प्राइवेट लिमिटेड
समीर एम पटेल, कंट्री मैनेजर, +91 976 997 0135


KEYWORDS: Business/ Finance:Major diversified industrial groups, Manufacturing Companies, Steel


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Wednesday, July 30, 2014

BWI: Intuit to Acquire KDK Softwares

Source : Intuit Inc.
Wednesday, July 30, 2014 3:00PM IST (9:30AM GMT)
Intuit to Acquire KDK Softwares
Accountants Poised to take advantage of Intuit's Popular QuickBooks
New Delhi, Delhi, India

Intuit Inc. (Nasdaq: INTU), today announced that it has entered into an agreement to acquire KDK Softwares India Private Limited a market leader in providing professional tax solutions in India. This acquisition will further strengthen Intuit’s commitment of becoming the ecosystem behind small business success and establishes a strong position for the company to reach accountants in India. Intuit looks to add a significant base of over 20,000 of KDK Softwares’s customers.   KDK Softwares states that with its current market base it is serving 1 in 5 practicing chartered accountants in India.
Intuit will also expand its portfolio of offerings to include simplified tax filing for accountants, bookkeepers and their small business clients. KDK Softwares is a leading provider of professional tax computation and e-filing solutions, both in desktop and cloud models, with a base of over 100 channel partners in over 60 cities in India.  
With this acquisition and its integration with the popular worldwide solution Intuit QuickBooks, Intuit will be able to offer a robust solution for accounting, tax computation and e-filing. Accountants usually spend 50 percent of their time filing taxes. The new Intuit QuickBooks will create significant time savings by improving their workflow and the ability to complete a tax return in a single step.
The closing of the acquisition is subject to the satisfaction of certain customary closing conditions by the parties.
Intuit is the world leader in business and financial management solutions for small businesses and accountants. QuickBooks is used by more than 5 million users worldwide, including 300,000 accountant users.

Our vision is to become the ecosystem behind the success of Indian small businesses and accountants.  By 2020, we want one in four small businesses in India to use Intuit products. With this acquisition, we will in the near term be able to provide our customers with an end-to-end workflow of integrated accounting and tax capability which would be the first of its kind in the country,” said Nikhil Arora, Vice President and Managing Director, Intuit India.The addition of KDK Softwares builds on Intuit’s QuickBooks small business ecosystem offering in India, providing for the first time a seamless and collaborative tax filing solution,” he added.

Kapil Goyal, Founder and Managing Director of KDK Softwares, said “KDK Softwares is committed to partnering with small businesses and accountants across India and providing them with solutions that makes tax filing easy and compliant.  Today we serve 1 in 5 practing chartered accountants in India and we are very excited to join Intuit. Together we will be able to add  efficiency, ease-of-use and time savings for small business ecosytem in India.  Also, KDK Softwares accountants are early adopters of online solution and thus are an ideal fit to take advantage of the QuickBooks integration.”

About Intuit India 

Intuit is a leading provider of business and financial management solutions for small and mid-sized businesses in the country. Intuit India, the company’s first venture in Asia Pacific, commenced operations in 2005 and currently has more than 800 employees across offices in Bangalore, Mumbai and New Delhi. Intuit stands on the core principles of customer-driven innovation and improving the financial lives of its customers profoundly with product offerings such as Intuit QuickBooks in India. Intuit has been ranked #8 Best Companies to Work for in India in 2014, #5 in the IT industry and #2 in Flexibility & Work Life Balance category by the Great Place to Work for Institute. For more information, please visit

About Intuit Inc.

Intuit Inc. creates business and financial management solutions that simplify the business of life for small businesses, consumers and accounting professionals. Its flagship products and services include QuickBooks®, Quicken® and TurboTax®, which make it easier to manage small businesses and payroll processing, personal finance, and tax preparation and filing. provides a fresh, easy and intelligent way for people to manage their money, while Demandforce® offers marketing and communication tools for small businesses. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants. Founded in 1983, Intuit had revenue of $4.2 billion in its fiscal year 2013. The company has approximately 8,000 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. More information can be found at

About KDK Softwares

Established in 2003 as Software Development Company, KDK Softwares India Private Limited, is a fast growing company committed to providing reliable and cost-effective software solutions to Tax Professionals and SMEs all over India. Headquartered in Jaipur, Rajasthan, KDK Softwares puts emphasis on quality, world-class human resources and cutting edge solutions to help small businesses file their taxes efficiently. With a successful track record of serving over 20,000 satisfied accountants and customers, KDK Softwares is an ISO 9001:2008 certified company and has more than 100 active partners across India.

Intuit and the Intuit logo, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries.
Cautions About Forward-looking Statements

This news release includes forward-looking statements, which are subject to safe harbors created under the U.S. federal securities laws. All statements included in this press release that address activities, events or developments that Intuit expects, believes or anticipates will or may occur in the future are forward-looking statements, including, particularly, statements about the potential benefits of the proposed transaction to Intuit, the anticipated reach, capabilities and opportunities of the combined company, the ability to provide new services and products to customers, the ability to integrate capabilities, the expected benefits to current and potential customers, and the expected closing of the proposed transaction. All forward-looking statements are based on the opinions and estimates of Intuit's management at the time the statements are made and are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. For information regarding risks related to Intuit, see discussion of risks and other factors in documents filed by Intuit with the Securities and Exchange Commission from time to time, including Intuit's Form 10-K for the year ended July 31, 2013, available on Intuit's Web site at Intuit disclaims any intent or obligation to update any forward-looking statements. 

Media Contact Details

Samantha Unnikrishnan, Intuit Inc., ,+91 (80) 41769200 ,

Advait Soman, The PRactice, ,+91-9717106056 ,


KEYWORDS: Business/ Finance:Banking & Financial services, Business Services, Information Technology, SME, Technology


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BWI: Wipro Partners with OpenLink for IT Services for Energy/ Commodity Trading and Risk Management

Source : WIPRO
Wednesday, July 30, 2014 2:30PM IST (9:00AM GMT)
Wipro Partners with OpenLink for IT Services for Energy/ Commodity Trading and Risk Management
Bangalore, Karnataka, India and New York, United States

Wipro Ltd. (NYSE:WIT), a leading global information technology, consulting and business process services  company today announced a global strategic consulting partnership with OpenLink, the global leader in Transaction Lifecycle Management (TLM) software for the commodity, energy and financial services industries.  The services provided by this alliance will serve customers across the energy and commodity sectors.
This year, OpenLink has invested in building an alliance program that will support its accelerated growth plans and both companies will collaborate in the area of technological innovation as well as complement each other in terms of domain expertise. Wipro’s global delivery footprint will give OpenLink service spread across the world for its customers. Wipro and OpenLink will work towards creating service excellence for customers, especially in the area of testing services, product upgrades and support services.
A key focus of Wipro’s centralized CTO office is technology innovation and that will be leveraged for customers in areas like analytics, dashboard, visualization, cloud, mobility, etc. Both companies will identify co-development opportunities based on market needs, that will benefit a larger customer base.
Anand Padmanabhan, Chief Executive, Energy, Natural Resources & Utilities Business Unit, Wipro Limited said, “Wipro has a dedicated global Energy/Commodity Trading and Risk Management centre of excellence that will give the right impetus to this alliance for creating a scalable service delivery framework for customers.”
“By pairing OpenLink’s award-winning energy/commodity trading and risk management platform with Wipro’s tried, tested and successful global delivery model, our customers can derive more value through a lower TCO (Total Cost of Ownership),” said Dr. Mark Greene, CEO, OpenLink. “We are excited about this partnership and are looking forward to working with Wipro.”

About Wipro Ltd.

Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Business Process Services company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation, and an organization wide commitment to sustainability, Wipro has a workforce of over 140,000, serving clients in 175+ cities across 6 continents. For more information, please visit

About OpenLink

Founded in 1992, OpenLink ( is the global leader in Transaction Lifecycle Management (TLM) software for the commodity, energy and financial services industries. OpenLink's products address portfolio management, trading, risk management, and operations processing for both financial and physical assets.

Owned by leading private equity investment firm Hellman & Friedman, OpenLink is a global software and services business that has grown both organically and through strategic acquisitions, to achieve revenues in excess of $300 million. The company serves over 500 clients, including 12 of the world's largest commodity and energy companies, 9 of the largest financial institutions, and 11 of the largest central banks. OpenLink has 1,300 employees in 12 global offices on five continents, with headquarters outside New York City and field offices in Houston, London, Berlin, Vienna, Toronto, Moscow, São Paulo, Singapore, Dubai, and Sydney.

OpenLink has received numerous industry awards and recognition, including citations as the industry leader by Gartner and first-in-class ranking by Energy Risk magazine for Commodity/Energy Trading and Risk Management (C/ETRM) systems.

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 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 Contact Details

Vipin Nair, Wipro Limited, ,+91 (80) 39916260 ,

Subhashini Pattabhiraman, Wipro Limited, ,+91-7760983975 ,

Leonie Alsop, SVP, Global Head of Marketing OpenLink, ,+44 (0)779581 5083 ,


KEYWORDS: Business/ Finance:Banking & Financial services, Business Services, Energy Companies, Information Technology, Technology


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BWI: UAE Exchange India and Amnesty International India Launch Campaign to Promote Safe Migration to Gulf

Source : UAE Exchange - India
Wednesday, July 30, 2014 11:40AM IST (6:10AM GMT)
UAE Exchange India and Amnesty International India Launch Campaign to Promote Safe Migration to Gulf
Kochi, Kerala, India

UAE Exchange India and Amnesty International India have launched a new campaign aimed at preventing the exploitation and abuse of migrant workers bound for Gulf countries.

The ‘Go to Gulf with rights’ campaign will provide information about safe migration to prospective migrant workers with a safe migration booklet, pamphlet, and a toll free telephone number.

The campaign will provide information about migrant workers’ rights under Indian and international law, legally authorized channels for migration, pre-departure training programs, and the risks of irregular migration.

Migrant workers and their families will also be able to access information about support systems in destination countries, and details of Indian embassies and NGOs that can provide assistance.

“Migrant workers who travel to the Gulf can face exploitation even before leaving home. They are known to be charged excessive recruitment fees and deceived about their contracts, leaving them more vulnerable to human rights abuses in the Gulf, including human trafficking and forced labour,” said G. Ananthapadmanabhan, Chief Executive, Amnesty International India.

“This pioneering campaign will be featured in UAE Exchange offices, and will help prospective migrants learn about their rights and how to migrate safely,” said V. George Antony, Managing Director and Country Head, UAE Exchange India.

UAE Exchange India, the market leaders in financial services, with 335 branches across India provides foreign exchange, money transfer (domestic and international), travel and tours, gold, vehicle and personal loans, insurance and share trading services.

UAE Exchange is IATA accredited and Ministry of Tourism approved. The company is the recipient of numerous awards for quality service, leadership, internal magazine, human resource development and corporate social responsibility like PRSI Award, Global CSR Excellence & Leadership Awards, CMO Asia Awards, Rashtriya Udyog Ratna Award, Quality Brands India Award, Human Capital Award, and the Money Gram Award for three consecutive years, and the Boss of the Year Award.
UAE Exchange is also the corporate member of FICCI, ASSOCHAM, CII, ABCI, KCCI and KMA and PRSI.
For photograph please click on the following link:

Media Contact Details

Francis Chacko, Head-Public Relations UAE Exchange - India, ,+91-9526298777


KEYWORDS: Business/ Finance:Advertising, PR & marketing, Banking & Financial services, Financial Analyst & Investors, Major diversified industrial groups, Travel & Tourism;General:Consumer interest, People, Social issues


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BWI: Vuclip and ESPNcricinfo to Bring Exciting Cricket Content to Mobile

Source : Vuclip
Wednesday, July 30, 2014 11:30AM IST (6:00AM GMT)
Vuclip and ESPNcricinfo to Bring Exciting Cricket Content to Mobile
Cricket fans around the country experience a match-winning partnership
New Delhi, Delhi, India

Vuclip, the leading premium mobile video on demand service for emerging markets, today announced that it has entered into a strategic partnership with ESPNcricinfo India to offer exciting cricket content on the Vuclip platform. Cricket lovers across India will be able to view ESPNcricinfo’s comprehensive content such as previews, press conferences, and match analysis on mobile devices. Additionally, they can also enjoy feature programming like interviews of their favorite cricketers from around the world and special features. All of this is available for unbuffered viewing on any network by visiting or by downloading the Vuclip Android App or the Vuclip Java App.
Commenting on this strategic partnership with ESPNcricinfo, Nikhil Naik, Director, Global

Content and Distribution for Vuclip said, “In India, cricket is our lifeline. We are absolutely thrilled to partner with ESPNcricinfo to offer this amazing content to our millions of fanatical viewers whose love for the sport is legendary. The Sports genre is a popular one on Vuclip and we are committed to bringing the best content around the world to our consumers. Our partnership with ESPNcricinfo is a testimonial of this commitment of ours.”
Gaurav Thakur, Director Mobile Products & Revenue, ESPNcricinfo said, “For Indians, cricket is much more than a sport. It is a unique passion that bonds people together. At ESPNcricinfo, we are putting greater thrust on video programming to create engaging content that caters to these passionate fans. The Vuclip unbuffered viewing experience for consumers on mobile devices ensures sports fans can truly enjoy the ESPNcricinfo content and the excitement of the game. In Vuclip we have found our match-winning partnership to bring premium cricket content to mobile consumers”
About Vuclip
Vuclip is the leading premium mobile video on demand service for emerging markets with more than 3 million subscribers per quarter across six different countries. Through strategic partnerships with more than 160 top studios around the world, Vuclip brings to subscribers blockbuster Hollywood and regional movies, TV shows and music videos in 20 different languages. Vuclip’s Dynamic Adaptive TranscodingTM provides an amazing unbuffered viewing experience to consumers across all mobile devices and on any network. Vuclip is headquartered in Milpitas, California with a presence in Dubai, Beijing, Kuala Lumpur, Mumbai, Delhi, Jakarta and Bangkok.

About ESPNcricinfo
With 20 years of heritage, ESPNcricinfo is the world’s leading digital cricket brand. Founded in 1993 and acquired by ESPN in 2007, ESPNcricinfo is committed to delivering an independent voice for comprehensive coverage of the sport and is available to cricket fans online and across mobile platforms.

In India, ESPNcricinfo is the No. 1 digital sports destination and the No. 1 cricket brand, leading all competitors in unique audience, total time spent, visits, page views and average minutes per visitor. ESPNcricinfo has an average-minute audience that is nearly double its nearest competitor – meaning that, during an average minute of any month, nearly twice as many fans are on ESPNcricinfo as any other sports destination.

Globally, ESPNcricinfo leads its top competitors in average-minute audience, unique visitors, page views, average minutes per visitor, and total visits; and the site continues to grow. Across online, mobile and tablet devices (web and apps) fans log up to 2 billion minutes of time spent each month with ESPNcricinfo globally, and millions of video views.

Media Contact Details

Pushya Siddharth, Gutenberg Communications, ,+91-9632055356 ,

Aahna Gandhi, Gutenberg Communications, ,+91-9833434389 ,


KEYWORDS: Business/ Finance:Advertising, PR & marketing, Business Services, Information Technology, Media & Entertainment, Sports, Technology;General:Consumer interest, Entertainment, Internet


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