BWI: Sterlite Industries: Update on Madras High Court Decision on Tuticorin Smelter

Press release from Business Wire India
Source: Business Wire
Wednesday, September 29, 2010 04:35 PM IST (11:05 AM GMT)
Editors: General: Consumer interest, Environment; Business: Heavy industries, Mining companies
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(BW)(STERLITE-INDUSTRIES)(SLT)(STERLITEIND)Sterlite Industries: Update on Madras High Court Decision on Tuticorin Smelter


Tuticorin, Tamil Nadu, India, Wednesday, September 29, 2010 -- (Business Wire India) --

A Writ petition was filed in the year 1996 - 1998 in the Honourable Madras High Court challenging the Environmental clearance and against the setting up of the Copper Smelting Plant at Tuticorin. The Honourable High Court vide its interim Order dated 30 April 1999 permitted the Company to operate the Plant at its rated capacity. The Company has been running the Plant since then after getting requisite approvals from the State Pollution Control Board / the concerned Regulatory Authorities.

The Writ Petitions were finally heard in Jan - Feb 2010 and Orders were reserved. We understand that an Order has been passed by the Honourable High Court, on 28 September 2010, ordering closure of the plant. The Company is awaiting full text of the Order so as to decide on necessary recourse measures.

The Tuticorin Smelter has been operating for more than 12 years and has been in compliance with necessary rules and regulations and global standards. It deploys ISA Smelt process which is considered globally as an environmentally advanced technology. The company is one the largest in the State of Tamil Nadu, employing around 3000 people and provides indirect employment to a large number of people. It contributes about Rs 1600 crores to the exchequer annually.

About Sterlite Industries

Sterlite Industries is India's largest non-ferrous metals and mining company with interests and operations in aluminium, copper, zinc and lead and power. It is a subsidiary of Vedanta Resources plc, a London-based diversified FTSE 100 metals and mining group. Sterlite Industries' main operating subsidiaries are Hindustan Zinc Limited for its zinc and lead operations; Copper Mines of Tasmania Pty Limited for its copper operations in Australia; and Bharat Aluminium Company Limited for its aluminium operations. The company operates its own copper operations in India. The company has entered the commercial energy generation business and is in the process of setting up a 2,400MW independent power plant through its wholly owned subsidiary, Sterlite Energy Limited. Sterlite Industries is listed on the Bombay Stock Exchange and National Stock Exchange in India and the New York Stock Exchange in the United States. For more information, please visit www.sterlite-industries.com.

Disclaimer

This press release contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

CONTACT DETAILS
CONTACTS :
Sterlite Industries (India) Limited
Ashwin Bajaj, +91 22 6646 1531
Vice President - Investor Relations
sterliteinvestorrelations@vedanta.co.in
or
Sterlite Industries (India) Limited
Sheetal Khanduja, +91 22 6646 1531
AGM - Investor Relations
sterliteinvestorrelations@vedanta.co.in


KEYWORDS
CONSUMER, ENVIRONMENT, HEAVY INDUSTRIES, MINING

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BWI: ApnaCircle.com Redesigns itself to provide Smooth Navigation to its Users

Press release from Business Wire India
Source: ApnaCircle.com
Wednesday, September 29, 2010 02:30 PM IST (09:00 AM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Business services, Information technology, Telecommunications; Technology
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ApnaCircle.com Redesigns itself to provide Smooth Navigation to its Users
Adds New and Enhanced Features on the Website

New Delhi, Delhi, India, Wednesday, September 29, 2010 -- (Business Wire India) -- ApnaCircle.com, the leading Indian Business and Career networking site has rolled out its redesigned website with a smooth user-friendly interface. This makeover and new user friendly interface will help the users to navigate more easily and effectively.

Introduction of the advanced navigation tool will now allow users to experience an upgraded and user-friendly interface on the site. Prominent redesigning is in terms of segregation of tabs into 4 main categories - Profile, Engage, Career and Contacts; which are further segregated into relevant topics of interest.

Besides the existing Profile and Contacts tabs ; there is an addition of the new tab- 'Engage' that adds different features like hubs, events, communities, questions, blogs, announcements and articles which can now be read, shared and talked about with ease. Also, to make the website more exposed to Opportunities, the tab "Career" is created which gives an insight into Jobs and opportunities available along with Higher Education options available through a list of Local Institutes and MBA colleges' one can enroll into.

"We have launched the newly redesigned website with a much simpler interface to ease out the way our consumers use the website to search and connect with right set of people and opportunities. The entire revamp exercise is based on the feedback that we had received from our users. I am sure ApnaCircle community is going to like the new interface," informed Yogesh Bansal, CEO and Founder, ApnaCircle.com.

The new design has also enabled more embedded tools. On the right sidebar, there are new tools like my mail and visits on the site. Yet another interesting addition is the integration of a new smart search in the header. This will give more accurate search results in terms of location, function, name / first name, etc.

About ApnaCircle.com

ApnaCircle.com is India's first and leading Business and career networking site. The site desires to provide opportunities to each and every "User" (specifically Indian active and passive job seekers) through the business and career networking platform. This is a free to join site that helps professionals to tap the right kind of job options and also helps the employer to have the right kind of professional on board. It manages the professional profiles of professionals from various sectors that are available for public view.

The company was founded by Mr. Yogesh Bansal in December 2006. In 2009, ApnaCircle merged with Viadeo-Tianji, the leading professional networking sites in Europe and China, to form the leading Global entity which is in align with the 'Glo-cal' strategy of theirs. These mergers have enabled the Indian users to interact with more evolved consumers from Europe, China and other parts of the globe. Also, Unyk, a Canadian social networking site later became a part of this entity. Unyk's smart address book and synchronization technology further act as value addition to ApnaCircle members now.

ApnaCircle.com is one of the pioneers in the Business and career networking space. Users can actively network, micro-blog and participate in the Q and A sessions with experts from across the continents. The site is crafted to provide a perfect professional network to you. It will help you widen your circle of contacts and make you more visible to industry professionals and experts.

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

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

http://www.BusinessWireIndia.com/attachments/Pic(107).JPG
Pic(107).JPG


CONTACT DETAILS
Gurdeep Kaur, Value 360 Communications, +91 9873109199, gurdeep@value360india.com

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

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BWI: Semler Research Center Invests in New Pharmacological Research and Drug evaluation Facility in Bangalore

Press release from Business Wire India
Source: Semler Research Center (SRC)
Wednesday, September 29, 2010 02:10 PM IST (08:40 AM GMT)
Editors: General: Consumer interest; Business: Banking & financial services, Business services, Healthcare, biotechnology & pharmaceutical; Healthcare
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Semler Research Center Invests in New Pharmacological Research and Drug evaluation Facility in Bangalore
SRC expects to increase headcount to 500 in the next 2 years

Bangalore, Karnataka, India, Wednesday, September 29, 2010 -- (Business Wire India) -- Semler Research Centre Pvt. Ltd. (SRC), a leading contract research organization & subsidiary of Semler Group, today announced the inauguration of its 25000 sq ft Centre for Drug evaluation and pharmacology research in Bangalore by Mr. Ronald Semler, Chairman, Semler Group of Companies. The company has invested about $10 million towards its facilities in the last three years and is aiming to double its investment in the next 3 years. In this endeavor the company will increase its headcount to 500 from the existing 150 people in the next 2 years.

The facility is equipped with three Clinical Pharmacology Units with an 80 bed facility to cater to both early and late phase development as well as life cycle chain management. The company currently has a formulation development center in Bangalore spread across 18,000 sq ft since 2006 and a 48 bed clinical research unit in Salem spread across 18,000 sq ft.

Speaking on the inauguration, Dr Krathish Bopanna, Executive Director and President, SRC said, "The expansion will give SRC an opportunity to unite the world of pharmaceutical research across the globe and enable us to complete the loop in the drug development cycle by providing easy access to state-of-the-art facilities for early stage research in India. We look forward to added expansion that will contribute towards further evolution of the Indian contract research and development industry. As a company, we also envisage enormous potential in biometric space where we hope to delve further through inorganic growth strategies."

Speaking on this milestone of the company, Ronald Semler, Chairman, SRC said, "The parent company Semler Group which has business operations in telecom and defense equipment entered into Pharma services in India because of the thriving generic industry, emerging new drug development capabilities and the impressive IT talent pool available for data management.. India boasts of the highest number of USFDA plants outside the US. Further India is recognized as a hub for CRAMS and clinical trials with dependable quality standards. Bangalore is home to highly skilled people in life science/pharmacy, easy accessibility, global exposure and the most sought after city worldwide, has given us reason to believe in fostering our growth plans here. In this industry, SRC has seen a sharp growth due to our in-house expertise and timely deliveries."

Semler Research Centre (www.semlerresearch.com)

Semler Research Center, founded in 2006, offers a full range of Contract Research and developmental Services enabling global pharmaceutical and biotech companies significantly enhance their R & D success both from a cost standpoint as well as shorter time lines. SRC is part of US based Semler group of companies with state-of-the art research and clinical centers in the city of Bangalore and Salem in India. The project management, business development and administrative offices of the Semler group are located in North Hollywood, California. SRC capability spans total Pharma solutions that cover formulation development (Pre, Formulation and Stability), Preclinical, clinical trials, bio-analytical services, GMP & QA consulting. The company has grown its focus on clinical monitoring services for phase-II to phase-IV studies, biostatistics, safety management, medical writing, regulatory affairs, dossier preparation and submission to all regulatory agencies across the world, including to the US FDA, MHRA, TGA, DCGI, Health Canada and the EMEA.


CONTACT DETAILS
Dr Krathish Bopanna, President & Executive Director, Semler Research Center Pvt Ltd, +91 (80) 42627201, krathishbopanna@semlerresearch.com

KEYWORDS
CONSUMER, BANKING, BUSINESS SERVICES, HEALTHCARE, HEALTHCARE

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BWI: Sapient Names Anand Bhaskar to Lead People Success in India

Press release from Business Wire India
Source: Sapient
Wednesday, September 29, 2010 12:30 PM IST (07:00 AM GMT)
Editors: General: People; Business: Accounting & management consultancy services, Business services, Information technology; Technology
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Sapient Names Anand Bhaskar to Lead People Success in India
Appointment Underscores Sapient's Commitment to Career Growth and Exceptional Workplace Experiences across its three fast-growing India Locations

Bangalore, Karnataka, Gurgaon, Haryana and Noida, Uttar Pradesh, India, Wednesday, September 29, 2010 -- (Business Wire India) -- Sapient (NASDAQ: SAPE), a global marketing and technology services firm, today announced the appointment of Anand Bhaskar as Vice President, People Success for India. Bhaskar, who joins Sapient's India leadership team, will be responsible for leading Sapient's people and organizational strategy across the company's three offices in India, which represent more than half of the company's global workforce.

Bhaskar's appointment comes during a period of remarkable growth at Sapient, driven by increased demand for the company's unique marketing and technology service offerings across all business segments - including Sapient Global Markets and SapientNitro. The company experienced 36% year-over-year revenue growth in the second quarter 2010 and recently announced an expansion of its facility space in Bangalore and plans to nearly double the number of people working there by year's end. This month, Fortune magazine named Sapient the 45th fastest-growing company and #2 in profit growth over a three-year period.

"This is a truly exciting time to be a part of Sapient - from the incredibly transformational nature of the work we're doing to the unprecedented growth," said Karandeep Singh, Managing Director of Sapient in India. "As we continue building our presence in India, it's essential that we not only maintain -- but increase -- our ability to enable the potential of our people, who are essential to Sapient's success and momentum. We're excited to bring Anand onto our leadership team. His extensive leadership experience will help us take our people strategy practice to the next level in India."

Bhaskar is a seasoned human resources executive with more than 20 years' experience leading talent strategy for companies known for their strong talent practices, including GE, Hindustan Unilever and Bharat Petroleum. Prior to joining Sapient, Bhaskar served as Human Resources Director at Microsoft Corporation, where he led HR for Microsoft's Sales & Marketing Services Group. He has deep experience and expertise in the areas of organization design, talent management, executive assessment and coaching, learning and development, and employee relations.

"What attracted me to Sapient is the openness and creativity of its culture," said Bhaskar. "Whether developing a trading platform or designing a mobile advertising campaign, Sapient combines a culture of creativity and innovative thinking with its deep technology roots. With the convergence of marketing and technology being fueled by the rising adoption of digital, Sapient is in a unique sweet spot for helping multinational companies transform their organizations and solve challenging business problems. As Sapient actively seeks to expand its workforce in India, I'm committed to fostering this distinctly open and creative culture and to offering unparalleled growth opportunities for our people that differentiate Sapient in India's competitive talent market."

About Sapient

Sapient is a global services company that helps clients transform in the areas of business, marketing, and technology. The company operates three divisions that enable clients to gain a competitive advantage and succeed in an increasingly digital world. SapientNitro, Sapient Global Markets and Sapient Government Services fuse insight, creativity and technology to drive innovation and to help clients navigate complex business problems. Our approach is the subject of case studies used by MBA programs at Harvard and Yale. The company has operations in North America, Europe, and Asia-Pacific. For more information, visit http://www.sapient.com.


CONTACT DETAILS
Neha Pathak, Sapient, +91 (124) 4167000, npathak@sapient.com
Pragya Goel, Gutenberg Communications, +91 9810486705, pragya@gutenbergpr.com

KEYWORDS
PEOPLE, CONSULTANCY SERVICES, BUSINESS SERVICES, IT, TECHNOLOGY

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BWI: Omnifit® Labware T-Series Solvent Waste Bottle Cap Traps Harmful Vapours

Press release from Business Wire India
Source: Diba Industries
Wednesday, September 29, 2010 10:00 AM IST (04:30 AM GMT)
Editors: General: Consumer interest; Business: Business services, Chemicals; Technology; Healthcare
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Omnifit® Labware T-Series Solvent Waste Bottle Cap Traps Harmful Vapours
Integrated Test Strip gives Visual Cue to Replace Trap

Mumbai, Maharashtra, India, Wednesday, September 29, 2010 -- (Business Wire India) -- To maintain laboratory air quality and safety, Diba has introduced the Omnifit® Labware T-Series Waste Caps. The chemically inert caps trap and contain escaping vapour generated by HPLC and other lab solvents. A colour changing indicator strip notifies lab personnel when it is time to replace the vapour trap.

The T-Series waste caps come in a range of bottle thread types and connect to 1/8" OD semi-rigid tubing without requiring additional fittings. The tubing pushes straight through the cap Luer ports to create a liquid- and vapour-tight seal. Other tubing sizes can be accommodated using a variety of adapters, without compromising the seal. A separate ¼"-28 UNF thread port enables connection of a vapour trap and breakthrough indicator unit.

An activated carbon vapour trap isolates any solvent fumes and prevents escape from the system during pressure venting. When the trap becomes saturated, an integrated indicator strip turns red, alerting staff to replace the trap to prevent unintentional vapour breakthrough.

The unique design also prevents over pressurization. As liquid is collected in the waste bottle, either under pressure or gravity feed, vapour is automatically vented to the trap to prevent explosions or injury.

About Diba:

Diba is headquartered in the USA and has offices in the United Kingdom, Japan and Switzerland. A subsidiary of Halma p.l.c., Diba provides custom engineered fluid handling components and design services. The company's technology includes flared tubing assemblies, lined or coated aspirate dispense probes with level sensing, in-line heaters, and custom caps for reagent and waste bottles. Diba services include fluid system development, prototypes, preventive maintenance kits, and custom extrusion.

About Halma:

Halma p.l.c. is an international market leader in safety, health and sensor technology. It is a public company listed on the London Stock Exchange and has over 4000 employees in over 40 subsidiaries worldwide with a total turnover of over US$742m (2009). Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products. These subsidiaries are assisting India's economy in areas such as healthcare, energy, manufacturing, safety, water and waste treatment, construction and transport.

For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/.

Photo: The Omnifit Labware T-Series Bottle Cap from Diba

Diba head office contact details:
Diba Industries, Inc.
4 Precision Road
Danbury, CT 06810
USA
Tel: +1 203 744-0773, Fax: +1 203 744-0663
E-mail: salesdept@dibaind.com / engineering@dibaind.com
Fax: www.dibaind.com


CONTACT DETAILS
Mr Kuniyur. J. Srinivasan, Country Head & Managing Director, Halma India, +91 (22) 42000700, Srini@halma.com
Damian Corbet, Halma Public Relations, +44 20 8511 1821, dcorbet@halmapr.com

KEYWORDS
CONSUMER, BUSINESS SERVICES, CHEMICALS, TECHNOLOGY, HEALTHCARE

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