Saturday, October 31, 2015

BWI: National Entrepreneurship Network (NEN) Bags 'IWFCI-INDIA AWARD'

 
Source : Wadhwani Foundation
Saturday, October 31, 2015 11:45AM IST (6:15AM GMT)
 
National Entrepreneurship Network (NEN) Bags 'IWFCI-INDIA AWARD'
Recognized for its pioneering spirit and outstanding contribution in creating institutional capacity by designing high-impact entrepreneurship programs on campus
 
Bangalore, Karnataka, India

National Entrepreneurship Network (NEN), the flagship initiative of Wadhwani Foundation was conferred the ‘IWFCI – India Award’ during a gilttering valedictory ceremony at “Global Women Investors, Entrepreneurs & Policy Influencers – Summit 2015” in the presence of business leaders, international delegates and media at The Lalit Ashok, Bangalore. Sashi Chimala, Executive Vice President –National Entrepreneurship Network (NEN) and Sunita Singh, Co-founder-NEN and Executive Vice President - Wadhwani foundation received the award on behalf of the NEN team.
 
                             
The aim of the summit was to understand the challenges faced by women entrepreneurs to scale­up and globalize and provide a white paper to the government for enabling policy makers to take the right decisions in terms of support, subsidies and schemes and encouraging women entrepreneurs to graduate from Micro Enterprises to Small and Medium Enterprises. Encouraging the attendees by their presence were the dynamic Member of the Karnataka Legislative Assembly, N.A Haris and Sudhakar Rao, former Chief Secretary of Karnataka.
 
On receiving the award, an elated Sashi Chimala, Executive Vice President –National Entrepreneurship Network (NEN) said, “It is gratifying to see the decade old hard work of NEN team being recognized. The NEN team has over the years worked tirlelessly and has shown immense passion in creating a vibrant entrepreneurship ecosystem in India. NEN has successfully connected beneficiaries [students, aspiring entrepreneurs, startups and SMEs] to its support services and programs that are learning based, network oriented and transactional in nature. Our vision is to create many silicon valleys in India and we will continue to work towards fructification of this paradigm shift.
 
National Entrepreneurship Network (NEN) was co-founded in 2003 with IIT Bombay, IIM Ahmedabad, BITS Pilani, SP Jain Institute of Management and Research and the Institute of Bioinformatics and Applied Biotechnology. The award recognized NEN’s outstanding contribution in creating and supporting high growth entrepreneurs, and driving entrepreneurship as a catalyst for high value job-creation and economic growth in India.
 
Over the last decade, NEN has championed the cause of entrepreneurship by establishing advanced curriculum at over 500 colleges and by setting up a national network of mentors that continue to inspire, educate and support emerging, high-growth entrepreneurs. Since inception, NEN has resulted in the creation of hundreds of sustained startups, and thousands of direct and indirect jobs. NEN has also built national platforms that showcase, reward and celebrate entrepreneurship.
 
About Wadhwani Foundation:
 
Wadhwani Foundation’s primary mission is accelerating economic development in emerging economies through large-scale job creation. Five Initiatives driving innovation, entrepreneurship and skill development cater to this mission. The Foundation is present in India, Indonesia, Pakistan and Malaysia, and has plans to expand to other countries in Southeast Asia, Africa and South America.
 
National Entrepreneurship Network (NEN) inspires, educates and supports student entrepreneurs, startups and SMEs for creating high-value jobs.
 
Skills Development Network (SDN) provides vocational training support to educational and training institutes, and employers for entry-level mid-skill jobs through a video based online platform.
 
Opportunity Network for Disabled (OND) mainstreams the educated disabled into sustainable high quality corporate jobs through a business value proposition.
 
Research and Innovation Network (RIN) aims to create a world-class innovation ecosystem in India with the goal of propelling India towardsthe top ten innovative nations in the world.
 
Policy Research Centre provides data driven research inputs for informed policy action towards accelerating economic growth. The initiative has also established a chair in U.S-India policy at the Center for Strategic & International Studies in Washington, D.C.
 
For more details on National Entrepreneurship Network, visit: http://www.nenglobal.org/.
 
About IWFCI:
 
The International Women’s Federation of Commerce and Industry (IWFCI) is a non-profit, non-government organization founded in 1992 by Diana Abruzzi of Australia to meet the emerging needs of women in business, and in recognition of their increasing contribution to the world of commerce, the community and the government. The organization is in the forefront of promoting women in these areas, cementing their role as decision-makers, furthering international co-operation and shaping the economic role of women.

Photo Caption: Sunita Singh, Co-founder -NEN & EVP – Wadhwani Foundation receives the IWFCI India Award in the presence of Sashi Chimala, EVP-NEN at 'Global Women Investors, Entrepreneurs & Policy Influencers Summit –2015'
 

 
Media Contact Details

Wadhwani Foundation, Media@wadhwani-foundation.org,

 

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Friday, October 30, 2015

BWI: Give Your Hands to Serve Humanity with Dona

 
Source : Dona
Friday, October 30, 2015 5:32PM IST (12:02PM GMT)
 
Give Your Hands to Serve Humanity with Dona
 
Chandigarh, India

While there is now a mobile app for almost everything, another one is hitting the market, but this one is with a “CAUSE”, the cause which is aimed to support the fund raising community in the cellular generation with no cost or fee. The app labeled “Dona” aims at a very different and unique purpose and aims to provide a solution for the same.

Dona believes that small acts of kindness can go a long way in making the world a better place.

Dona has identified the need of funds by various charities across India. There are many NGOs and other associations that work for a good cause, in order to make someone feel happier and more hopeful. The need begins with funds and monetary requirement and this is where Dona comes to rescue. With Dona app, the users can create a charity event and flash it across the network. All charity and philanthropic events would be published on the app and all other users would be able to view these events. In a way, Dona is a common platform, where charity events are published and where people can donate.

If you’d wish to make this world a better place, these thoughts on Dona may help:
 

  • Dona aims at those individuals, who have a heart for charity and who wish to take part in philanthropic activities, but cannot do it due to other engagements
  • For all these aspirants, Dona is the solution, the donor will create their account in Dona and can donate for the events
  • Dona is focused on providing a timely, effective solution for these people, and they can participate in charity without compromising with their work routine. They can simply make monetary donations through their mobile app and work simultaneously
  • Apart from participating in other available charity events, Dona also enables the users to create an event for free
  • This feature is aimed at providing solutions to those charity aspirants, who have a plan for charity in mind, but are unable to execute due to non-availability of funds
  • These users can register with Dona and create a charity event, that aims at helping someone and this event would be broadcast across the app. Other users can check out the event and make donations, according to their choice. This way, Dona helps promote charity at all levels
  • It’s incredibly easy to sign up, and you never know when you could save a life
     
Dona is a common platform for donors and philanthropists. Various charity donators are connected through this app and it is a great stride in the direction of community based charity. In a way, Dona is a community in itself, and it aims at a good cause. Dona has identified the need of a common platform among the aspiring charity donators and is a long term solution to their challenges. The app enables people with a common interest of charity, to come together and share ideas. This further strengthens the whole idea of charity and conducting charity events. When more people come together to plan a charity event, it materializes faster and effectively.

Dona aims at a widespread need and there is a huge possibility for this app. In the near future, this app is aimed at a vast and widespread user base and is expected to become one of the most popular apps in the Indian market. In India, charity is a very wide sphere, as millions of people indulge in charity of religious or other nature, and Dona is the much needed solution for the society.   

Helping others is the secret sauce to a happy life, and we’re happy to help you. Write us at “info@donaapp.com”.

 
Media Contact Details

Mohit Chauhan, Grosoft Solutions, ,+91 (1762) 460766 , mohitchau@gmail.com

 

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BWI: Dhir & Dhir Associates Forays into Hyderabad

 
Source : Dhir & Dhir Associates
Friday, October 30, 2015 6:04PM IST (12:34PM GMT)
 
Dhir & Dhir Associates Forays into Hyderabad
Hyderabad entry underscores firm's commitment to deliver personalized effective client engagements in Andhra Pradesh & Telangana
 
Hyderabad, India

Dhir & Dhir Associates, India’s leading full service law firm with expertise and experience of more than two decades across sectors and practice areas, today announced the launch of its fourth office globally in the city of Hyderabad. The launch ceremony was marked by a mighty audience with the lime-lights of the city held at the ITC Kakatiya, Hyderabad. This move marks the leading law firm’s continuing initiatives in growing its suite of services and reach to better deliver high-quality and effective client mandates across geographies.
 
Commenting on the Hyderabad entry, Alok Dhir, Managing Partner said, “We have always delivered value with the consistent belief in understanding the client perspective and their essential need for responsive legal advice, which reflects in the way we work and manage our accounts. We are very confident that the entry of our firm in the great city of Hyderabad will enrich our existing presence in India and allow us to be closer to our clients whom we can service better and faster. We are focused on building long-term client relationships and this move is sure to cement that vision amongst our many well-wishers and stakeholders.”
 
Andhra Pradesh & Telangana promise growing opportunities for Dhir & Dhir Associates to engage with the many industries and growing sectors of the state such as IT, ITES, Pharmaceutical and Infrastructure etc. keeping in mind a strong tradition for business and progressive administration. This has resulted in a stable business environment which manifests itself in the city of Hyderabad and amongst corporates across both the states.
 
About Dhir & Dhir Associates
 
Dhir & Dhir, having offices in New Delhi, Mumbai and a representative office in Japan, and alliances in more than 15 States, provides a single window service to the clients across the country. It possesses a massive talent pool of over a 100 professionals. The advantage comes from a team of multidisciplinary professionals ranging from Lawyers, Cost Accountants, Chartered Accountants, and Company Secretaries to Management Consultants having experiences relevant to a wide range of legal, financial and commercial matters. The firm along with its managing partners and other partners has been recognized as a leader in restructuring and insolvency is highly ranked for banking and finance, infrastructure, corporate advisory and dispute resolution by legal leading publications including Chamber and Partners, Legal 500, IFLR1000, AsiaLaw Profiles & India Business Law Journal. To add on to these accolades, the firm is one of the top ranked ones in the field of IPOs, FPOs and Public Debt Issues.
 

 
 

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BWI: YapApp Brings People Together

 
Source : YapApp
Friday, October 30, 2015 5:17PM IST (11:47AM GMT)
 
YapApp Brings People Together
 
Chandigarh, India

YapApp Simply Makes Things Happen
 
YapApp is an innovative app for bringing business people, families and friends closer than ever and speeding up life activities. Because of video conferencing facility, YapApp helps to avoid hectic traveling just to meet another person. Important part is that people at multiple locations can get connected and have fruitful discussions like a conference room. This way the stable visual experience becomes a boon for making the event happen.

Getting YapApp is just easy; simple download will complete the process equipping the user with flexible and multidimensional tool to move forward. Not just the conferencing user can share birthday and wedding gatherings when dear ones are abroad or unable to travel and be in the gathering.

The users get the freedom to edit their messages to make them as crisp as they might wish. The users will also be able to save their masterpieces in their library and also be able to share them with their friends by email or on social media directly from the app.

YapApp chat has amazing below mentioned features:
 

  1. Broadcast Message
  2. Sending Text
  3. Sending Image
  4. Sending Contact
  5. Sending Location

Other YapApp features:

  • Video Calling is High Quality enables one to one video calling
  • Video Conferencing ensures people are together in high quality environment
  • Enables dynamic adjustment of quality according to the network signal
  • Enterprise Meetings are made possible for convenience and ease
  • Manage Multiple rooms are for business colleagues, friends and families
  • No Advertisements means no headache, no unwanted pop-ups
  • The system lets the user callback if a call is missed using call log
  • Mute Audio for convenience or ensuring secrecy
  • Cannot hear completely and switch over to speaker
  • Friend-matching service that who else is  on YapApp
  • Secure Messages as third part cannot intrude

 
Intended users can simply download the YapApp app:
Android app- https://play.google.com/store/apps/details?id=com.yapapp and iphone app- https://itunes.apple.com/in/app/yapapp/id583327344?mt=8.
 
Users may send questions or tell us more about them through info@yapapp.net
 

 
Media Contact Details

Mohit Chauhan, Grosoft Solutions, ,+91 (1762) 460766 , mohitchau@gmail.com

 

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BWI: YapApp Brings People Together

 
Source : YapApp
Friday, October 30, 2015 5:17PM IST (11:47AM GMT)
 
YapApp Brings People Together
 
Chandigarh, Punjab, India

YapApp Simply Makes Things Happen
 
YapApp is an innovative app for bringing business people, families and friends closer than ever and speeding up life activities. Because of video conferencing facility, YapApp helps to avoid hectic traveling just to meet another person. Important part is that people at multiple locations can get connected and have fruitful discussions like a conference room. This way the stable visual experience becomes a boon for making the event happen.

Getting YapApp is just easy; simple download will complete the process equipping the user with flexible and multidimensional tool to move forward. Not just the conferencing user can share birthday and wedding gatherings when dear ones are abroad or unable to travel and be in the gathering.

The users get the freedom to edit their messages to make them as crisp as they might wish. The users will also be able to save their masterpieces in their library and also be able to share them with their friends by email or on social media directly from the app.

YapApp chat has amazing below mentioned features:
 

  1. Broadcast Message
  2. Sending Text
  3. Sending Image
  4. Sending Contact
  5. Sending Location

Other YapApp features:

  • Video Calling is High Quality enables one to one video calling
  • Video Conferencing ensures people are together in high quality environment
  • Enables dynamic adjustment of quality according to the network signal
  • Enterprise Meetings are made possible for convenience and ease
  • Manage Multiple rooms are for business colleagues, friends and families
  • No Advertisements means no headache, no unwanted pop-ups
  • The system lets the user callback if a call is missed using call log
  • Mute Audio for convenience or ensuring secrecy
  • Cannot hear completely and switch over to speaker
  • Friend-matching service that who else is  on YapApp
  • Secure Messages as third part cannot intrude

 
Intended users can simply download the YapApp app:
Android app- https://play.google.com/store/apps/details?id=com.yapapp and iphone app- https://itunes.apple.com/in/app/yapapp/id583327344?mt=8.
 
Users may send questions or tell us more about them through info@yapapp.net
 

 
Media Contact Details

Mohit Chauhan, Grosoft Solutions, ,+91 (1762) 460766 , mohitchau@gmail.com

 

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BWI: Capgemini: Growth Momentum Confirmed in Q3 2015

 
Source : Capgemini India Private Limited
Friday, October 30, 2015 5:10PM IST (11:40AM GMT)
 
(NSE:CGEMY)
Capgemini: Growth Momentum Confirmed in Q3 2015
 
Mumbai, Maharashtra, India

The Capgemini Group achieved revenues of €3,036 million in Q3 2015, up 17.2% at current Group structure and exchange rates compared to the same quarter in 2014.  At constant Group structure and exchange rates, organic revenue growth was 1.5%.

For Paul Hermelin, Chairman and CEO of Capgemini Group: "After the strong performance in H1, the Group continues on its momentum with a strong increase in revenues (+17.2%) and an organic growth of 1.5%. Customer demand was mainly driven by innovation, as evidenced by the 21% increase in revenues in SMAC. The Group has successfully launched its "Cloud Choice" offering during this quarter and multiplies new deals in Digital, imposing itself as one of the key partners in this field.

The integration of the US firm IGATE, whose acquisition was completed on July 1st, reinforces our status as a market leader with a strong presence in North America, where we now achieve 31% of our revenues, and a Global Production Center network with more than 96,000 employees. Furthermore, the combination of service offerings and capabilities of Capgemini and IGATE has already resulted in new business wins, notably in financial services and in consumer products and retail.

This good momentum and our bookings growth in the quarter lead us to confirm our guidance for 2015.” 
 

In millions of euros Q3
2014
Q3
2015
Change at constant exchange rates and perimeter Change at current exchange rates
and perimeter
Revenues 2,591 3,036 +1.5% +17.2%
 
 
The Group achieved revenues of €3,036 million in Q3 2015, representing an increase of 17.2% compared to the one published for the third quarter of 2014. The difference between organic and current growth is due to the relative evolution of Group currencies compared to the Euro and the acquisition of IGATE finalized on July 1st 2015. The performance of IGATE is in line with expectations and its integration is on schedule.
 
 
TRENDS BY BUSINESS

On a like-for-like basis, Consulting Services (4% of Group revenues) continue to accelerate, with an increase in revenues of 6.7% in Q3 vs. 4.4% in H1. Local Professional Services (Sogeti) (14% of Group revenues) is also slightly improving with growth of 1.4% (against 0.5% in H1). Application Services (60% of sales) which already had strong momentum in H1 with 5.1% growth, continues to support the Group's growth. Revenue growth for the quarter, primarily driven by the acceleration of clients’ investment in digital and cloud projects, reached 8.2%. Other Managed Services (22% of Group revenues) see their activity decrease by 13.7% due to the anticipated decline in revenue of a major contract in the United Kingdom and an unfavorable economic environment in Brazil.
 
TRENDS BY MAJOR REGION

On a like-for-like basis, North America - now by far the Group's largest region with 31% of revenues - grew by 5.2%, with a positive momentum in Financial Services as well as in CPRDT (Consumer Products, Retail, Distribution and Transportation), and a slowdown in energy and utilities. The UK and Ireland region continues to experience a reduction in revenues (-11.0%) due to the evolution of a major contract mentioned above. France is more dynamic than in H1 with a growth of 2.0% driven by a pick-up in projects business. Benelux, meanwhile, remained virtually stable (+ 0.6%). In the Rest of Europe, growth was 10.4%, accelerating compared to H1, with strength notably in Nordic countries and Germany. In Asia-Pacific and Latin America, growth was limited to 3.7% in Q3 due to the economic environment in Brazil, Asia Pacific, however, maintains a double digit growth.
 
HEADCOUNT

As of September 30, 2015 Group employees totaled 178,045 people. Offshore leverage, with over 96,000 employees in the Global Production Center network, stands at 54% of the total workforce.
 
BOOKINGS

New orders recorded in Q3 2015 amounted to €2,499 million. This represents a 20% increase at constant exchange rates compared to the level recorded in the same period of 2014.

2015 OUTLOOK

Thanks to the strong performance in Q3, the Group confirms its financial objectives for 2015. The group forecasts 2015 revenue growth of 12%, at current Group structure and exchange rates, and an operating margin rate of 10.3%. Organic free cash flow is expected to exceed €600 million.
 
HIGHLIGHTS
  • Completion of the acquisition of the US company IGATE on July 1, 2015
  • Increase in the Group's majority stake, to above 70%, in its Brazilian subsidiary CPM Braxis, in line with its strategy to strengthen its presence in emerging countries
  • 5 year Infrastructure Services contract with Nationwide building society in the UK
 
Innovation & Digital:
  • Launch of the new global offering "Cloud Choice” services; Microsoft is the first cloud service provider to partner in this program
  • Opening of two new “Innovation Labs” in Munich and Mumbai after those of Paris, London, Utrecht, Melbourne, Toulouse and Lille
  • Signing of a 5 years Insights and Data deal (based on SAP HANA® platform and SAP® Data Services ™ software) with German insurer Munich Re
  • Partnership with the Dutch energy company Eneco focused on digital transformation.
 
DISCLAIMER

This press release may contain forward-looking statements.  Such statements may include projections, estimates, assumptions, statements regarding plans, objectives, intentions and/or expectations with respect to future financial results, events, operations and services and product development, as well as statements, regarding future performance or events. Forward-looking statements are generally identified by the words “expects”, “anticipates”, “believes”, “intends”, “estimates”, “plans”, “projects”, “may”, “would” “should” or the negatives of these terms and similar expressions.  Although Cap Gemini’s management currently believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking statements are subject to various risks and uncertainties (including without limitation risks identified in Cap Gemini’s Registration Document available on Cap Gemini’s website), because they relate to future events and depend on future circumstances that may or may not occur and may be different from those anticipated, many of which are difficult to predict and generally beyond the control of Cap Gemini. Actual results and developments may differ materially from those expressed in, implied by or projected by forward-looking statements. Forward-looking statements are not intended to and do not give any assurances or comfort as to future events or results. Other than as required by applicable law, Cap Gemini does not undertake any obligation to update or revise any forward-looking statement.

This press release does not contain or constitute an offer of securities for sale or an invitation or inducement to invest in securities in France, the United States or any other jurisdiction.
 
About Capgemini
 
Now with 180,000 people in over 40 countries, Capgemini is one of the world's foremost providers of consulting, technology and outsourcing services. The Group reported 2014 global revenues of EUR 10.573 billion. Together with its clients, Capgemini creates and delivers business, technology and digital solutions that fit their needs, enabling them to achieve innovation and competitiveness. A deeply multicultural organization, Capgemini has developed its own way of working, the Collaborative Business ExperienceTM, and draws on Rightshore®, its worldwide delivery model.
 
Learn more about us at www.capgemini.com.
 
Rightshore® is a trademark belonging to Capgemini
 
Capgemini in India is over 85,000 people strong across nine cities (Mumbai, Bangalore, Gurgaon, Noida,  Gandhinagar, Hyderabad, Pune, Kolkata and Chennai - Trichy and Salem). A pioneer in the IT industry, Capgemini has over 45 years of global expertise collaborating with leading corporations and now brings its Consulting, Technology and Outsourcing experience to India. With dedicated teams to service the local market, Capgemini has strong domain experience to assist clients across the Government and Public Sector, Energy and Utilities, Manufacturing, Telecom and Financial Services sectors.
 
Please visit www.in.capgemini.com for more details.
 
Appendix
 
Revenue by business
 
    Organic variation
Q3'15 / Q3'14
  % of revenues
      Q3'14   Q3'15
Consulting Services   +6.7%   4%   4%
Local Professional Services (Sogeti)   +1.4%   14%   14%
Application Services   +8.2%   55%   60%
Other Managed Services   -13.7%   27%   22%
TOTAL   +1.5%   100%   100%
 
 
Revenue by geographic area
 
                  Current Organic
 in M€ Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15   Q3'15 vs. Q3'14
North America 495 540 572 623 662 737 937   +63.8% +5.2%
UK & Ireland 539 542 540 576 504 523 551   +2.1% -11.0%
France 556 587 560 638 620 595 574   +2.5% +2.0%
Benelux 265 264 256 289 267 264 259   +1.1% +0.6%
Rest of Europe 466 458 425 500 471 493 478   +12.5% +10.4%
APAC & LATAM 182 210 238 251 240 232 237   -0.4% +3.7%
TOTAL 2,503 2,601 2,591 2,877 2,764 2,844 3,036   +17.2% +1.5%
 
 
Year-to-date revenue by geographic area
 
    in M€   Current Organic
    9 Months 2014 9 Months 2015   9 Months
2015 vs. 2014
North America   1,607 2,337   +45.4% +9.1%
UK & Ireland   1,621 1,577   -2.7% -14.0%
France   1,703 1,789   +5.0% +0.6%
Benelux   785 790   +0.6% +0.5%
Rest of Europe   1,348 1,442   +7.0% +7.2%
APAC & LATAM   631 709   +12.4% +10.7%
TOTAL   7,695 8,644   +12.3% +1.4%
 
 
Utilization rates
 
  Q1’14 Q2’14 Q3’14 Q4’14 Q1’15 Q2’15 Q3’15
Consulting Services 65% 69% 64% 70% 71% 72% 68%
Local Professional Services 81% 82% 82% 82% 81% 82% 84%
Application Services 81% 82% 82% 82% 82% 84% 85%
 
 

 
Media Contact Details

Seema Trivedi, Capgemini India Private Limited, ,+91 (22) 66860508 , seema.trivedi@capgemini.com

Deepti Dayal, Capgemini India Private Limited, ,+91 (80) 66567000 , deepti.dayal@capgemini.com

 

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