Press release from Business Wire India
Source: SRF Limited
Tuesday, May 01, 2012 06:42 PM IST (01:12 PM GMT)
Editors: General: Consumer interest, Economy; Business: Banking & financial services, Business services, Chemicals, Financial Analyst, Stock exchanges
--------------------------------------------------
SRF Posts Q4 Net Profit after Tax of Rs. 87 crore
Gurgaon, Haryana, India, Tuesday, May 01, 2012 -- (Business Wire India) -- -- FY consolidated net sales at Rs. 3981 crore, a growth of 17%
-- FY consolidated PAT at Rs. 379 crore, a decline of 22%
-- FY consolidated EBIDTA at Rs. 863 crore, a decline of 9%
-- SRF standalone Q4 net sales at Rs. 822 crore, a decline of 3%
-- SRF standalone Q4 EBIDTA at Rs. 199 crore, a decline of 19%
Quarterly Results - SRF standalone
Hit by combined factors of higher input costs, higher energy costs and adverse demand-supply situation, SRF Limited, a multi-business entity engaged in the manufacture of chemical based industrial intermediates, posted a decline of 36% in its net profit after tax (PAT) at Rs. 87 crore during the fourth quarter of 2011-12 as against Rs. 136 crore reported during the corresponding period last year (CPLY). The company had earlier recorded a PAT of Rs. 111 crore in the previous quarter ended 31st December 2011. SRF's net sales also declined marginally from Rs. 846 crore to Rs. 822 crore during the fourth quarter of 2011-12 over CPLY. The company's audited results were approved by the Board of Directors this afternoon.
Except for the Chemicals & Polymers Business, the profitability declined for both the Technical Textiles and Packaging Films Businesses. The operating profit of the Chemicals & Polymers Business grew by 12% at Rs. 114 crore on a revenue of Rs. 266 crore that also grew by 12% during the period over CPLY. In the Technical Textiles Business, while the segment revenue improved by 5% to Rs. 410 crore, its operating profit decreased by 56% to Rs. 18 crore during the period. Having reported a decline of 31% in its segment revenue at Rs. 155 crore, the Packaging Films Business posted a net operating loss of Rs. 4 crore during the period.
MD's Comments
Reflecting on the results, Ashish Bharat Ram, Managing Director, SRF, said, "The year 2011-12 was certainly a tough year for the company, as we struggled to maintain our profitability. Unfortunately, the outlook for the year ahead is not much better with the economic sentiment at a low. The silver lining, if any, will come from the start up of the Chemical Complex in Dahej."
Annual Financials - SRF consolidated
For the fiscal ended 31st March 2012, the PAT for SRF consolidated declined by 22% to Rs. 379 crore as against Rs. 484 crore recorded previous year. The annual profit of SRF consolidated included a loss of around Rs. 22 crore on account of exchange currency fluctuation during 2011-12, as against a gain of around Rs. 34 crore during 2010-11.
The net sales of SRF consolidated grew by 17%, from Rs. 3391 crore during 2010-11 to Rs. 3981 crore during 2011-12. The top line growth of the company was largely driven by the Chemicals & Polymers Business, which recorded 61% growth in its segment revenue at Rs. 1205 crore and partially by the Technical Textiles Business, which grew by 15% at Rs. 2148 crore during the year. The segment revenue of the company's Packaging Films Business declined by 24% at Rs. 661 crore during the year.
Financial Ratios
While the Debt-Equity ratio for SRF Limited increased marginally from 0.51 to 0.56 during the year, the Net Debt to Equity as on 31 March 2012 has been maintained at the same level at 0.41 times as against 0.39 times as on 31 March 2011. The Earning Per Share (EPS) of the company declined from previous year's figure of Rs. 79.90 to Rs. 65.55 for 2011-12.
Dividend
In November 2011 and in February 2012, the SRF Board had approved two interim dividends, each at the rate of 70% aggregating to total of Rs.14 per share. In today's meeting, the board recommended NIL final dividend for the year 2011-12.
Buyback
SRF completed the buyback of it's fully paid up equity shares from the open market through the stock exchanges on 15th February 2012. The company that commenced the buy-back process on 6th April 2011, bought back an aggregate of 30,83,080 equity shares at an average market price of Rs. 291.89 per share absorbing a total amount of Rs. 89.99 crore. SRF, thus, deployed 100% of the maximum buy-back size of Rs. 90 crore.
Capexes
The work on the new BOPET line in Thailand and the new BOPP line in South Africa is progressing as per schedule. In addition, the company has also sanctioned an investment for debottlenecking its Laminated Fabrics facility in Kashipur. The investment in the new HFC 134a plant in Dahej has started and the plant is expected to be operational by 3rd quarter of 2013-14.
About SRF
Established in 1973, SRF as a group has today grown into a global entity with operations in 4 countries. Apart from Technical Textiles Business, in which it enjoys a global leadership position, SRF is a domestic leader in Refrigerants, Engineering Plastics and Industrial Yarns as well. The company also enjoys a significant presence among the key domestic manufacturers of Polyester Films and Fluorospecialities. Building on its in-house R&D facilities for Chemicals Business and Technical Textiles Business, the company strives to stay ahead in business through innovations in operations and product development. A winner of the prestigious Deming Application Prize for its tyre cord business, SRF continues to redefine its work and corporate culture with the TQM as its management way.
To view the results, please click on the link below:
Results
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Results - March 2012 (1).pdf
Results - March 2012 (1).pdf
CONTACT DETAILS
Mukund Trivedy, Head of Corporate Communications, SRF Limited, +91 9871709177, mukund.trivedy@srf.com
KEYWORDS
CONSUMER, ECONOMY, BANKING, BUSINESS SERVICES, CHEMICALS, Financial Analyst, STOCK EXCHANGES
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Tuesday, May 1, 2012
BWI: Canon India’s Warm Birthday Wishes for its ‘What Makes us Click’ Icon
Press release from Business Wire India
Source: Canon
Tuesday, May 01, 2012 03:16 PM IST (09:46 AM GMT)
Editors: General: Consumer interest, Lifestyle; Business: Business services, Information technology, Publishing & printing, Retailers; Technology
--------------------------------------------------
Canon India's Warm Birthday Wishes for its 'What Makes us Click' Icon
Canon India joins Anushka Sharma on her 24th birthday celebrations
New Delhi, Delhi, India, Tuesday, May 01, 2012 -- (Business Wire India) -- Canon India Pvt. Limited, India's No 1. Complete Digital Imaging Company wishes Anushka Sharma a happy and prosperous year ahead on the occasion of her birthday today. Smart, hardworking and vivacious, Anushka has carved a niche for herself in Bollywood through stellar performances recently. Currently, post her appointment as its youth icon and brand ambassador, Canon adds to the gala of her 24th birthday celebrations.
Dr. Alok Bharadwaj, Senior Vice President, Canon India along with employees and partners of Canon, expressed their love and gratitude for the Bollywood diva and wished her a successful acting career ahead. To add to the celebrations of her birthday, Canon has also treated our 'youth icon' Anushka to a special birthday cake along with a special greeting card expressing our warm wishes. We have also put up a special hoarding, near her residence, to make this day even more special for her."
Canon India recently signed up Anushka Sharma, as its brand ambassador and youth icon, to mark the re-positioning of the Power Shot sub-brand. This move coincides with the introduction of new series of PowerShot Digital cameras, which targeted specifically at youth.
Canon in India
Canon India closed the year of 2011 with revenues of Rs 1525 crore which is 21 % growth over 2010. Canon focuses on multiple market segments of consumer, B2B, Government & Commercial. Canon's product portfolio extends over a vast variety of copier MFDs, fax-machines, printers, scanners, All-in-ones, digital cameras, camcorders and multimedia projectors, cable ID printers, semiconductors and card printers.
Canon India Pvt. Ltd. is a 100% subsidiary of Canon Singapore Pte. Ltd., a world leader in imaging technologies. Set up in 1997, Canon India markets over 140 comprehensive range of sophisticated contemporary digital imaging. The company today has offices in 7 cities, warehouses in 13 cities across India and employs over 930 people. Canon has approximately 380 primary channel partners 13 National Retail Chain partners, and over 4000 secondary retail points. Oce distributors in India will now be a part of Canon partner network. Canon's service reach extends to over 200 towns with over 200 service Engineers, 4 Master service centers and 34 Canon Care Centers. Canon and Océ products are available with complete service support network.
To view the photographs, please click on the links given below:
Hoarding @ site
What makes us click
Greeting Card for Anushka
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/1(220).jpg
1(220).jpg
http://www.BusinessWireIndia.com/attachments/2(67).JPG
2(67).JPG
http://www.BusinessWireIndia.com/attachments/3(25).jpg
3(25).jpg
CONTACT DETAILS
Nikita Kejariwal, 20:20 MSL, +91 9167443578, nikita.nadwani@2020msl.com
Shruti Sharma, 20:20 MSL, +91 9899772100, shruti.sharma@2020msl.com
KEYWORDS
CONSUMER, LIFESTYLE, BUSINESS SERVICES, IT, PUBLISHING, RETAIL, TECHNOLOGY
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Source: Canon
Tuesday, May 01, 2012 03:16 PM IST (09:46 AM GMT)
Editors: General: Consumer interest, Lifestyle; Business: Business services, Information technology, Publishing & printing, Retailers; Technology
--------------------------------------------------
Canon India's Warm Birthday Wishes for its 'What Makes us Click' Icon
Canon India joins Anushka Sharma on her 24th birthday celebrations
New Delhi, Delhi, India, Tuesday, May 01, 2012 -- (Business Wire India) -- Canon India Pvt. Limited, India's No 1. Complete Digital Imaging Company wishes Anushka Sharma a happy and prosperous year ahead on the occasion of her birthday today. Smart, hardworking and vivacious, Anushka has carved a niche for herself in Bollywood through stellar performances recently. Currently, post her appointment as its youth icon and brand ambassador, Canon adds to the gala of her 24th birthday celebrations.
Dr. Alok Bharadwaj, Senior Vice President, Canon India along with employees and partners of Canon, expressed their love and gratitude for the Bollywood diva and wished her a successful acting career ahead. To add to the celebrations of her birthday, Canon has also treated our 'youth icon' Anushka to a special birthday cake along with a special greeting card expressing our warm wishes. We have also put up a special hoarding, near her residence, to make this day even more special for her."
Canon India recently signed up Anushka Sharma, as its brand ambassador and youth icon, to mark the re-positioning of the Power Shot sub-brand. This move coincides with the introduction of new series of PowerShot Digital cameras, which targeted specifically at youth.
Canon in India
Canon India closed the year of 2011 with revenues of Rs 1525 crore which is 21 % growth over 2010. Canon focuses on multiple market segments of consumer, B2B, Government & Commercial. Canon's product portfolio extends over a vast variety of copier MFDs, fax-machines, printers, scanners, All-in-ones, digital cameras, camcorders and multimedia projectors, cable ID printers, semiconductors and card printers.
Canon India Pvt. Ltd. is a 100% subsidiary of Canon Singapore Pte. Ltd., a world leader in imaging technologies. Set up in 1997, Canon India markets over 140 comprehensive range of sophisticated contemporary digital imaging. The company today has offices in 7 cities, warehouses in 13 cities across India and employs over 930 people. Canon has approximately 380 primary channel partners 13 National Retail Chain partners, and over 4000 secondary retail points. Oce distributors in India will now be a part of Canon partner network. Canon's service reach extends to over 200 towns with over 200 service Engineers, 4 Master service centers and 34 Canon Care Centers. Canon and Océ products are available with complete service support network.
To view the photographs, please click on the links given below:
Hoarding @ site
What makes us click
Greeting Card for Anushka
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/1(220).jpg
1(220).jpg
http://www.BusinessWireIndia.com/attachments/2(67).JPG
2(67).JPG
http://www.BusinessWireIndia.com/attachments/3(25).jpg
3(25).jpg
CONTACT DETAILS
Nikita Kejariwal, 20:20 MSL, +91 9167443578, nikita.nadwani@2020msl.com
Shruti Sharma, 20:20 MSL, +91 9899772100, shruti.sharma@2020msl.com
KEYWORDS
CONSUMER, LIFESTYLE, BUSINESS SERVICES, IT, PUBLISHING, RETAIL, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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BWI: First Anniversary of Uflex Khelo Dilli 2011-12 held
Press release from Business Wire India
Source: UFLEX Limited
Tuesday, May 01, 2012 02:05 PM IST (08:35 AM GMT)
Editors: General: Consumer interest; Business: Business services, Chemicals, Media & entertainment; Technology
--------------------------------------------------
First Anniversary of Uflex Khelo Dilli 2011-12 held
New Delhi, Delhi, India, Tuesday, May 01, 2012 -- (Business Wire India) -- -- Uflex Khelo Dilli witnesses participation of more than 5000 children across Delhi
-- 28 Uflex Stairs centres established for children to play everyday
-- Annual sporting event to be taken to other parts of the country
The first anniversary of maiden edition of Uflex Khelo Dilli 2011-12, a philanthropic endeavor jointly undertaken by Stairs, an NGO working towards sports, education and health of underprivileged children and Uflex Ltd., India's largest flexible packaging company, was today held at Ludlow Castle Sports Complex. Mr. Ashok Chaturvedi, CMD, Uflex Ltd. along with Mr. Anil Upadhyay, President, Stairs, presided over the occasion.
Uflex Khelo Dilli was conceptualized with the aim to provide free of cost - space, infrastructure and sports equipment to the less fortunate children of our society, to play.
The first edition of Uflex Khelo Dilli has already witnessed participation of more than 5000 children. These children are regulary playing at 28 Uflex Stairs centres which have been established near the colonies where these children reside. In the last one year, these centres have emerged as a hub of recreation for children from low economic background and ignited passion for playing in others as evident from increasing number of children getting enroled at these centres.
As Uflex Khelo Dilli enters into second year, Stairs is now planning to take this initiative to other parts of the country and encourage more children to come out and just play.
Commenting on the occasion, Mr. Ashok Chaturvedi, CMD, Uflex Ltd., said, "We are pleased to be associated with a noble cause of helping underprivileged children in achieving their dreams through the medium of sports. Besides being a recreational activity, sport has an educative character which can help in building a strong character and help in social integration of underprivileged youth. These children have a lot of potential and latent energy that needs to be tapped and through Uflex Khelo Dilli, we hope to channelize this energy in the right direction. Our association with Stairs represents an extension of our social commitment to bring about a positive change in the life of underprivileged sections of the society by carrying out such programmes in sport, education and health."
"The fact that young children should be given an opportunity to simply come out and play and enjoy themselves, urged us to undertake this initiative. We amalgamated it with our noble cause to train underprivileged children who are blessed with talent but do not have the opportunity or platform to nurture it. We encouraged these children to take some time out and join in the games that would help them build a strong character through sports. I would also take this opportunity to thank Uflex for their valuable association and would like to look forward for a longstanding relation with the Uflex team", says Mr. Anil Upadhyay, President, Stairs.
Apart from Khelo Dilli, Uflex Ltd. has also adopted cricket initiatives of Stairs, namely, Uflex Stairs Cricket Championship and Uflex Stairs Cricket Scholarship. Uflex Ltd. supports Stairs in running cricket training academies, providing sports scholarship and sports gear to the underprivileged children. Recently, 64 talented children have been granted the Uflex Stairs Cricket Scholarship and are being training at accredited cricket centres in Delhi.
Since its inception in 2005, Stairs has been actively involved in the upliftment of the less fortunate children mainly through the field of sports. The sporting initiatives undertaken by Stairs are aimed at providing a platform to these children to hone their skills and showcase their talent through sports camps. Stairs understands the amount of talent that exists among these children and believes in creating opportunities so that their talent is rightly tapped and nurtured. Talented children are chosen from these camps and provided coaching, sports scholarship and sports gear.
Some of the students who have been identified by Stairs are already doing well at the national level and are earning laurels for their states. Stairs also organizes sports camps at regular intervals to promote youth talent.
About UFLEX Ltd
UFLEX Ltd (www.uflexltd.com) is the Bombay Stock Exchange (UFLEX: 500148) and NSE listed India's largest flexible packaging company with large manufacturing capacities of plastic film and packaging products providing end-to-end solutions to clients across more than 114 countries. It has vast capacities for production of Polyester chips, Biaxially Oriented Polyethylene Teraphthalate (BOPET) and Biaxially Oriented Polypropylene (BOPP) films, Printing & Coating Inks, facilities for Holography, Metalization & PVDC coating, making Gravure Printing Cylinders, Gravure Printing, Lamination and Pouch formation.
Synonymous with flexible packaging industry in the country, UFLEX group has Gross annual revenue of Rs. 60 billion and Gross Capital Investment across the world of about Rs. 37 billion. UFLEX offers finished packaging of a wide variety of products such as snack foods, candy and confectionery, sugar, rice & other cereals, beverages, tea & coffee, desert mixes, noodles, wheat flour, soaps and detergents, shampoos & conditioners, vegetable oil, spices, marinates & pastes, cheese & dairy products, frozen food, sea food, meat, anti-fog, pet food, pharmaceuticals, contraceptives, garden fertilizers and plant nutrients, motor oil and lubricants, automotive and engineering components etc...
About Stairs:
Stairs is a non-profit organization working in the field of development of underprivileged youth through channelisation of their energies in sports and education.
To view the photograph, please click on the link given below:
Mr. Anil Upadhyay President Stairs Honors to Mr. Ashok Chaturvedi, CMD Uflex Ltd, with "Stairs Shreshtha"
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/DSC_8233.JPG
DSC_8233.JPG
CONTACT DETAILS
Surya Prakash Singh, Stairs (Empowering Youth), +91 8800740710, surya.s@stairs.org.in
KEYWORDS
CONSUMER, BUSINESS SERVICES, CHEMICALS, MEDIA, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: UFLEX Limited
Tuesday, May 01, 2012 02:05 PM IST (08:35 AM GMT)
Editors: General: Consumer interest; Business: Business services, Chemicals, Media & entertainment; Technology
--------------------------------------------------
First Anniversary of Uflex Khelo Dilli 2011-12 held
New Delhi, Delhi, India, Tuesday, May 01, 2012 -- (Business Wire India) -- -- Uflex Khelo Dilli witnesses participation of more than 5000 children across Delhi
-- 28 Uflex Stairs centres established for children to play everyday
-- Annual sporting event to be taken to other parts of the country
The first anniversary of maiden edition of Uflex Khelo Dilli 2011-12, a philanthropic endeavor jointly undertaken by Stairs, an NGO working towards sports, education and health of underprivileged children and Uflex Ltd., India's largest flexible packaging company, was today held at Ludlow Castle Sports Complex. Mr. Ashok Chaturvedi, CMD, Uflex Ltd. along with Mr. Anil Upadhyay, President, Stairs, presided over the occasion.
Uflex Khelo Dilli was conceptualized with the aim to provide free of cost - space, infrastructure and sports equipment to the less fortunate children of our society, to play.
The first edition of Uflex Khelo Dilli has already witnessed participation of more than 5000 children. These children are regulary playing at 28 Uflex Stairs centres which have been established near the colonies where these children reside. In the last one year, these centres have emerged as a hub of recreation for children from low economic background and ignited passion for playing in others as evident from increasing number of children getting enroled at these centres.
As Uflex Khelo Dilli enters into second year, Stairs is now planning to take this initiative to other parts of the country and encourage more children to come out and just play.
Commenting on the occasion, Mr. Ashok Chaturvedi, CMD, Uflex Ltd., said, "We are pleased to be associated with a noble cause of helping underprivileged children in achieving their dreams through the medium of sports. Besides being a recreational activity, sport has an educative character which can help in building a strong character and help in social integration of underprivileged youth. These children have a lot of potential and latent energy that needs to be tapped and through Uflex Khelo Dilli, we hope to channelize this energy in the right direction. Our association with Stairs represents an extension of our social commitment to bring about a positive change in the life of underprivileged sections of the society by carrying out such programmes in sport, education and health."
"The fact that young children should be given an opportunity to simply come out and play and enjoy themselves, urged us to undertake this initiative. We amalgamated it with our noble cause to train underprivileged children who are blessed with talent but do not have the opportunity or platform to nurture it. We encouraged these children to take some time out and join in the games that would help them build a strong character through sports. I would also take this opportunity to thank Uflex for their valuable association and would like to look forward for a longstanding relation with the Uflex team", says Mr. Anil Upadhyay, President, Stairs.
Apart from Khelo Dilli, Uflex Ltd. has also adopted cricket initiatives of Stairs, namely, Uflex Stairs Cricket Championship and Uflex Stairs Cricket Scholarship. Uflex Ltd. supports Stairs in running cricket training academies, providing sports scholarship and sports gear to the underprivileged children. Recently, 64 talented children have been granted the Uflex Stairs Cricket Scholarship and are being training at accredited cricket centres in Delhi.
Since its inception in 2005, Stairs has been actively involved in the upliftment of the less fortunate children mainly through the field of sports. The sporting initiatives undertaken by Stairs are aimed at providing a platform to these children to hone their skills and showcase their talent through sports camps. Stairs understands the amount of talent that exists among these children and believes in creating opportunities so that their talent is rightly tapped and nurtured. Talented children are chosen from these camps and provided coaching, sports scholarship and sports gear.
Some of the students who have been identified by Stairs are already doing well at the national level and are earning laurels for their states. Stairs also organizes sports camps at regular intervals to promote youth talent.
About UFLEX Ltd
UFLEX Ltd (www.uflexltd.com) is the Bombay Stock Exchange (UFLEX: 500148) and NSE listed India's largest flexible packaging company with large manufacturing capacities of plastic film and packaging products providing end-to-end solutions to clients across more than 114 countries. It has vast capacities for production of Polyester chips, Biaxially Oriented Polyethylene Teraphthalate (BOPET) and Biaxially Oriented Polypropylene (BOPP) films, Printing & Coating Inks, facilities for Holography, Metalization & PVDC coating, making Gravure Printing Cylinders, Gravure Printing, Lamination and Pouch formation.
Synonymous with flexible packaging industry in the country, UFLEX group has Gross annual revenue of Rs. 60 billion and Gross Capital Investment across the world of about Rs. 37 billion. UFLEX offers finished packaging of a wide variety of products such as snack foods, candy and confectionery, sugar, rice & other cereals, beverages, tea & coffee, desert mixes, noodles, wheat flour, soaps and detergents, shampoos & conditioners, vegetable oil, spices, marinates & pastes, cheese & dairy products, frozen food, sea food, meat, anti-fog, pet food, pharmaceuticals, contraceptives, garden fertilizers and plant nutrients, motor oil and lubricants, automotive and engineering components etc...
About Stairs:
Stairs is a non-profit organization working in the field of development of underprivileged youth through channelisation of their energies in sports and education.
To view the photograph, please click on the link given below:
Mr. Anil Upadhyay President Stairs Honors to Mr. Ashok Chaturvedi, CMD Uflex Ltd, with "Stairs Shreshtha"
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/DSC_8233.JPG
DSC_8233.JPG
CONTACT DETAILS
Surya Prakash Singh, Stairs (Empowering Youth), +91 8800740710, surya.s@stairs.org.in
KEYWORDS
CONSUMER, BUSINESS SERVICES, CHEMICALS, MEDIA, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Stellar Launches a New Data Recovery Facility in Kolkata
Press release from Business Wire India
Source: Stellar Information Systems Ltd
Tuesday, May 01, 2012 02:00 PM IST (08:30 AM GMT)
Editors: General: Consumer interest; Business: Business services, Information technology; Technology
--------------------------------------------------
Stellar Launches a New Data Recovery Facility in Kolkata
Stellar India expansion to address growing demand for data recovery
Kolkata, West Bengal, India, Tuesday, May 01, 2012 -- (Business Wire India) -- Stellar Data Recovery India's first & largest name for data recovery software & services today announced the opening of its new facility in Kolkata. This new initiative in East India is a part of company continued geographic expansion in country's key growth market.
Kolkata is an important city in Eastern India and it has experienced immense growth in IT deployment in recent past. There was also a strong increase in customers demand to recover their lost data. In order to address this void we are opening our new state of art lab in Kolkata and to substantially reduce the turnaround time for recovery of your valuable data said Mr. Sunil Chandna, 'CEO' Stellar Data Recovery.
With more than 18 years of practical experience in data recovery service, Stellar will cater to the data recovery, optimization & sanitization needs of the affected costumers of Eastern part of India. The new facility is now functional & is located at a convenient location in Salt Lake City. Stellar is offering a limited period promotion of Rs. 1000 off on data recovery services for our customers in West Bengal.
About Stellar Data Recovery
Stellar Data Recovery is the only ISO 9001:2008 certified organization that specializes in Phoenix data recovery Tools & Disk utilities and in-lab data recovery services. With over 18 years of experience, Stellar has emerged as a leading and trusted name for any data loss situation. With its wide range of software and services, Stellar has a strong 1 million+ client base, which includes top corporate giants from all over the world. What makes it more special is transparent money back policy and 24hr online support.
Contact Information Kolkata Branch:
Address: 306, 3rd Floor, Matrix Towers, Plot No. 24, Block - DN Salt Lake City, Sector V, Kolkata - 700 091.
L: 033-40031205 - 09
E-mail: kol-lab@stellarinfo.com
CONTACT DETAILS
Anubha Upadhyay, Stellar Information Systems Ltd, +91 9310343636, pr@stellarinfo.com
KEYWORDS
CONSUMER, BUSINESS SERVICES, IT, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Stellar Information Systems Ltd
Tuesday, May 01, 2012 02:00 PM IST (08:30 AM GMT)
Editors: General: Consumer interest; Business: Business services, Information technology; Technology
--------------------------------------------------
Stellar Launches a New Data Recovery Facility in Kolkata
Stellar India expansion to address growing demand for data recovery
Kolkata, West Bengal, India, Tuesday, May 01, 2012 -- (Business Wire India) -- Stellar Data Recovery India's first & largest name for data recovery software & services today announced the opening of its new facility in Kolkata. This new initiative in East India is a part of company continued geographic expansion in country's key growth market.
Kolkata is an important city in Eastern India and it has experienced immense growth in IT deployment in recent past. There was also a strong increase in customers demand to recover their lost data. In order to address this void we are opening our new state of art lab in Kolkata and to substantially reduce the turnaround time for recovery of your valuable data said Mr. Sunil Chandna, 'CEO' Stellar Data Recovery.
With more than 18 years of practical experience in data recovery service, Stellar will cater to the data recovery, optimization & sanitization needs of the affected costumers of Eastern part of India. The new facility is now functional & is located at a convenient location in Salt Lake City. Stellar is offering a limited period promotion of Rs. 1000 off on data recovery services for our customers in West Bengal.
About Stellar Data Recovery
Stellar Data Recovery is the only ISO 9001:2008 certified organization that specializes in Phoenix data recovery Tools & Disk utilities and in-lab data recovery services. With over 18 years of experience, Stellar has emerged as a leading and trusted name for any data loss situation. With its wide range of software and services, Stellar has a strong 1 million+ client base, which includes top corporate giants from all over the world. What makes it more special is transparent money back policy and 24hr online support.
Contact Information Kolkata Branch:
Address: 306, 3rd Floor, Matrix Towers, Plot No. 24, Block - DN Salt Lake City, Sector V, Kolkata - 700 091.
L: 033-40031205 - 09
E-mail: kol-lab@stellarinfo.com
CONTACT DETAILS
Anubha Upadhyay, Stellar Information Systems Ltd, +91 9310343636, pr@stellarinfo.com
KEYWORDS
CONSUMER, BUSINESS SERVICES, IT, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Max Healthcare Reaches Forefront of Technology Adoption to provide Highest Levels of Patient Care and Safety with Dell Services
Press release from Business Wire India
Source: Dell India
Tuesday, May 01, 2012 11:08 AM IST (05:38 AM GMT)
Editors: General: Consumer interest; Business: Business services, Healthcare, biotechnology & pharmaceutical, Information technology, Media & entertainment; Technology; Healthcare
--------------------------------------------------
Max Healthcare Reaches Forefront of Technology Adoption to provide Highest Levels of Patient Care and Safety with Dell Services
Bangalore, Karnataka, India, Tuesday, May 01, 2012 -- (Business Wire India) -- -- 1st hospital in India and 6th in Asia to receive "Stage 6" recognition from HIMSS
-- Wins National Association of Software and Services Companies (NASSCOM) IT User 2012 award
Max Healthcare is one of the premier providers of healthcare services in North India, committed to excellence in medical and service delivery to its patients. Max has become the first hospital in India and only sixth in Asia to achieve "Stage 6" on the EMR adoption model from Healthcare Information and Management Systems Society (HIMSS), indicating that a significant portion of patient records are now electronic with minimal usage of paper charts.
The EMR Adoption Model identifies the levels of Electronic Medical Record (EMR) capabilities ranging from limited ancillary department systems for Laboratory, Radiology and Pharmacy (Stage 1) through a paperless hospital environment (Stage 7). The scoring provides peer comparisons for hospitals relative to their IT-enabled clinical transformation status. Studies have shown that hospitals achieving advanced stages on the adoption model demonstrate improved outcomes for their patients, including more lives saved from life-threatening conditions and lesser complications due to medical errors.
Two of Max Healthcare's flagship hospitals - Max Super Specialty Hospital East Wing Saket and Max Super Specialty Hospital West Wing Saket have received this certification putting Max Healthcare among the top five percent of hospitals in the world. This status recognizes Max Healthcare's commitment and innovative use of clinical information technology to improve patient safety, quality and efficiency of care. Further to the benefits listed above, the hospital's physicians receive pertinent, evidence-based alerts and reminders as they enter electronic orders for their patients and a closed loop medication administration system to maximize point of care safety processes for medication administration, thereby significantly improving the quality of patient care.
Dr. Ajay Bakshi, CEO & MD, Max Healthcare said, "We are committed to delivering world-class healthcare through the use of innovative technology, and to raising the level of healthcare in our community. A comprehensive electronic patient health record, computerized physician ordering, bar coded medication, clinical alerts and reminders, and other such innovations are helping our clinicians deliver the highest level of care to our patients. Dell, as the leading healthcare IT services provider in the world, is the right partner for us as we continue on our journey of improving healthcare through technology."
Dr. Neena Pahuja, CIO, Max Healthcare said, "Being the first hospital in India to achieve this global recognition is a huge honour for us and reiterates our firm belief that technology is bringing about a fundamental change in the way healthcare is delivered. As our strategic technology partner, Dell Services has helped us in our transformational journey to create an IT ecosystem that has transformed the delivery of care and clinical processes for our patients across various Max Healthcare facilities in India."
Sid Nair, Vice President and Global Head, Healthcare, Dell Services congratulated Max Healthcare on receiving this prestigious status and said, "It's a great recognition for Dell Services too as we continue to help our customers maximize the use of IT for the benefit of their patients. Max's innovative use of technology has been instrumental in enhancing the quality of patient care. We look forward to supporting Max Healthcare as they move further in their transformation journey to become a world class provider of healthcare."
Dell Services, a technology partner to Max Healthcare
As Max Healthcare's technology partner since September 2009, Dell Services manages all IT operations for Max Healthcare, including Infrastructure Management, Data Centre hosting, Applications Portfolio Management, Project Management Office, Clinical Transformation and implementation of Electronic Health Record (EHR).
The EHR implementation project began in 2009 and to date five hospitals (out of twelve) are hosted on the open source WorldVistA EHRTM, an integrated clinical platform. The EHR system has been integrated (using open source Mirth integration engine) with a home grown HIS (Hospital Information System) application and a Radiology Information System, creating an integrated environment to achieve the strategic objective of a 'paperless' hospital.
In September, 2010, Dell Services converted the information technology infrastructure of all Max Healthcare facilities into a private MPLS (Multi-Protocol Label Switching) cloud, running remotely from Dell Services data centre in Noida. This cloud infrastructure made Max Healthcare one of the most technologically advanced healthcare chains in India. As Max Healthcare adds more hospitals to their network, the cloud deployment gives a near plug-and-play capability for information technology deployment.
Sid Nair added, "Our clinical transformation team worked with Max Healthcare IT, physicians, lab, pharmacy and nursing groups on 'future state workshops' to define and transform clinical processes for efficient delivery and quality of care."
NASSCOM IT User Award for Max Healthcare
Max Healthcare recently received the coveted NASSCOM IT User Award in Healthcare for 2012. The IT User Awards felicitates enterprises for excellence in IT thought leadership and successful adoption of IT to achieve strategic goals and objectives. Max Healthcare was recognized for:
-- Implementation of multiple projects -Electronic Health Record Management, Barcode Medicine Administration, Tele-Medicine, mHealth supporting virtual in-patient and integration with core system
-- Barcode Medicine Administration that has enabled closed loop medicine administration leading to a significant improvement in inter-disciplinary clinical information flow
-- Mobility Solution (m-Health ) implementation that has equipped doctors to respond faster to patients, provide faster second opinion from anywhere/anytime, and improve care delivery to the patients, and thereby improvement in patient satisfaction
About Dell
Dell Inc. (NASDAQ: DELL) listens to customers and delivers innovative technology and services that give them the power to do more. Dell Services develops and delivers a comprehensive suite of services and solutions in applications, business process, consulting, infrastructure and support to help customers succeed.
About Max Healthcare
Max Healthcare is the country's leading comprehensive provider of standardized, seamless and international-class healthcare services. It is committed to the highest standards of medical and service excellence, patient care, scientific and medical education. Max Healthcare operates nine facilities in Delhi & NCR, offering services in over 30 medical disciplines. Max Healthcare has an out-patient facility, Max Medcentre and a Specialty centre, focused on Eye and Dental care at Panchsheel Park, secondary care hospitals at Pitampura, Noida and Gurgaon, and state-of-the-art tertiary care facilities at Saket, Patparganj and Shalimar Bagh in South, East and North-West Delhi respectively. The tertiary care hospitals at Saket include Max Super Specialty Hospital (East Block), which is a centre of excellence for Cardiac Care, Minimal Access, Metabolic & Bariatric Surgery and Cancer Care and Max Super Specialty Hospital (West Block), a super specialty facility in Orthopedics & Joint Replacement, Neurosciences, Pediatrics, Obstetrics & Gynecology, Aesthetic & Reconstructive Plastic Surgery and Internal Medicine. In addition, it offers services in the disciplines of Urology, ENT, Gastroenterology, Nephrology, Dermatology, Mental Health & Behavioural Sciences amongst others.
About HIMSS Analytics
HIMSS Analytics is a wholly owned not-for-profit subsidiary of the Healthcare Information and Management Systems Society (HIMSS) driving the change toward a smarter, more efficient healthcare system through the adoption of health IT. The company collects and analyzes healthcare data related to IT processes and environments, products, IS department composition and costs, IS department management metrics, healthcare trends and purchase-related decisions. HIMSS Analytics delivers high quality data and analytical expertise to healthcare delivery organizations, healthcare IT companies, state governments, financial companies, pharmaceutical companies, and consulting firms. Visit www.himssanalytics.org/ for more information.
About HIMSS
HIMSS is a cause-based, not-for-profit organization exclusively focused on providing global leadership for the optimal use of information technology (IT) and management systems for the betterment of healthcare. Learn more about HIMSS at www.himss.org.
CONTACT DETAILS
Savitha Lakshman, Dell Services, 91 9902922665, savitha_lakshman@dell.com
Jolly Ahuja, Max Healthcare, +91 9871026333, jolly.ahuja@maxhealthcare.com
KEYWORDS
CONSUMER, BUSINESS SERVICES, HEALTHCARE, IT, MEDIA, TECHNOLOGY, HEALTHCARE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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Source: Dell India
Tuesday, May 01, 2012 11:08 AM IST (05:38 AM GMT)
Editors: General: Consumer interest; Business: Business services, Healthcare, biotechnology & pharmaceutical, Information technology, Media & entertainment; Technology; Healthcare
--------------------------------------------------
Max Healthcare Reaches Forefront of Technology Adoption to provide Highest Levels of Patient Care and Safety with Dell Services
Bangalore, Karnataka, India, Tuesday, May 01, 2012 -- (Business Wire India) -- -- 1st hospital in India and 6th in Asia to receive "Stage 6" recognition from HIMSS
-- Wins National Association of Software and Services Companies (NASSCOM) IT User 2012 award
Max Healthcare is one of the premier providers of healthcare services in North India, committed to excellence in medical and service delivery to its patients. Max has become the first hospital in India and only sixth in Asia to achieve "Stage 6" on the EMR adoption model from Healthcare Information and Management Systems Society (HIMSS), indicating that a significant portion of patient records are now electronic with minimal usage of paper charts.
The EMR Adoption Model identifies the levels of Electronic Medical Record (EMR) capabilities ranging from limited ancillary department systems for Laboratory, Radiology and Pharmacy (Stage 1) through a paperless hospital environment (Stage 7). The scoring provides peer comparisons for hospitals relative to their IT-enabled clinical transformation status. Studies have shown that hospitals achieving advanced stages on the adoption model demonstrate improved outcomes for their patients, including more lives saved from life-threatening conditions and lesser complications due to medical errors.
Two of Max Healthcare's flagship hospitals - Max Super Specialty Hospital East Wing Saket and Max Super Specialty Hospital West Wing Saket have received this certification putting Max Healthcare among the top five percent of hospitals in the world. This status recognizes Max Healthcare's commitment and innovative use of clinical information technology to improve patient safety, quality and efficiency of care. Further to the benefits listed above, the hospital's physicians receive pertinent, evidence-based alerts and reminders as they enter electronic orders for their patients and a closed loop medication administration system to maximize point of care safety processes for medication administration, thereby significantly improving the quality of patient care.
Dr. Ajay Bakshi, CEO & MD, Max Healthcare said, "We are committed to delivering world-class healthcare through the use of innovative technology, and to raising the level of healthcare in our community. A comprehensive electronic patient health record, computerized physician ordering, bar coded medication, clinical alerts and reminders, and other such innovations are helping our clinicians deliver the highest level of care to our patients. Dell, as the leading healthcare IT services provider in the world, is the right partner for us as we continue on our journey of improving healthcare through technology."
Dr. Neena Pahuja, CIO, Max Healthcare said, "Being the first hospital in India to achieve this global recognition is a huge honour for us and reiterates our firm belief that technology is bringing about a fundamental change in the way healthcare is delivered. As our strategic technology partner, Dell Services has helped us in our transformational journey to create an IT ecosystem that has transformed the delivery of care and clinical processes for our patients across various Max Healthcare facilities in India."
Sid Nair, Vice President and Global Head, Healthcare, Dell Services congratulated Max Healthcare on receiving this prestigious status and said, "It's a great recognition for Dell Services too as we continue to help our customers maximize the use of IT for the benefit of their patients. Max's innovative use of technology has been instrumental in enhancing the quality of patient care. We look forward to supporting Max Healthcare as they move further in their transformation journey to become a world class provider of healthcare."
Dell Services, a technology partner to Max Healthcare
As Max Healthcare's technology partner since September 2009, Dell Services manages all IT operations for Max Healthcare, including Infrastructure Management, Data Centre hosting, Applications Portfolio Management, Project Management Office, Clinical Transformation and implementation of Electronic Health Record (EHR).
The EHR implementation project began in 2009 and to date five hospitals (out of twelve) are hosted on the open source WorldVistA EHRTM, an integrated clinical platform. The EHR system has been integrated (using open source Mirth integration engine) with a home grown HIS (Hospital Information System) application and a Radiology Information System, creating an integrated environment to achieve the strategic objective of a 'paperless' hospital.
In September, 2010, Dell Services converted the information technology infrastructure of all Max Healthcare facilities into a private MPLS (Multi-Protocol Label Switching) cloud, running remotely from Dell Services data centre in Noida. This cloud infrastructure made Max Healthcare one of the most technologically advanced healthcare chains in India. As Max Healthcare adds more hospitals to their network, the cloud deployment gives a near plug-and-play capability for information technology deployment.
Sid Nair added, "Our clinical transformation team worked with Max Healthcare IT, physicians, lab, pharmacy and nursing groups on 'future state workshops' to define and transform clinical processes for efficient delivery and quality of care."
NASSCOM IT User Award for Max Healthcare
Max Healthcare recently received the coveted NASSCOM IT User Award in Healthcare for 2012. The IT User Awards felicitates enterprises for excellence in IT thought leadership and successful adoption of IT to achieve strategic goals and objectives. Max Healthcare was recognized for:
-- Implementation of multiple projects -Electronic Health Record Management, Barcode Medicine Administration, Tele-Medicine, mHealth supporting virtual in-patient and integration with core system
-- Barcode Medicine Administration that has enabled closed loop medicine administration leading to a significant improvement in inter-disciplinary clinical information flow
-- Mobility Solution (m-Health ) implementation that has equipped doctors to respond faster to patients, provide faster second opinion from anywhere/anytime, and improve care delivery to the patients, and thereby improvement in patient satisfaction
About Dell
Dell Inc. (NASDAQ: DELL) listens to customers and delivers innovative technology and services that give them the power to do more. Dell Services develops and delivers a comprehensive suite of services and solutions in applications, business process, consulting, infrastructure and support to help customers succeed.
About Max Healthcare
Max Healthcare is the country's leading comprehensive provider of standardized, seamless and international-class healthcare services. It is committed to the highest standards of medical and service excellence, patient care, scientific and medical education. Max Healthcare operates nine facilities in Delhi & NCR, offering services in over 30 medical disciplines. Max Healthcare has an out-patient facility, Max Medcentre and a Specialty centre, focused on Eye and Dental care at Panchsheel Park, secondary care hospitals at Pitampura, Noida and Gurgaon, and state-of-the-art tertiary care facilities at Saket, Patparganj and Shalimar Bagh in South, East and North-West Delhi respectively. The tertiary care hospitals at Saket include Max Super Specialty Hospital (East Block), which is a centre of excellence for Cardiac Care, Minimal Access, Metabolic & Bariatric Surgery and Cancer Care and Max Super Specialty Hospital (West Block), a super specialty facility in Orthopedics & Joint Replacement, Neurosciences, Pediatrics, Obstetrics & Gynecology, Aesthetic & Reconstructive Plastic Surgery and Internal Medicine. In addition, it offers services in the disciplines of Urology, ENT, Gastroenterology, Nephrology, Dermatology, Mental Health & Behavioural Sciences amongst others.
About HIMSS Analytics
HIMSS Analytics is a wholly owned not-for-profit subsidiary of the Healthcare Information and Management Systems Society (HIMSS) driving the change toward a smarter, more efficient healthcare system through the adoption of health IT. The company collects and analyzes healthcare data related to IT processes and environments, products, IS department composition and costs, IS department management metrics, healthcare trends and purchase-related decisions. HIMSS Analytics delivers high quality data and analytical expertise to healthcare delivery organizations, healthcare IT companies, state governments, financial companies, pharmaceutical companies, and consulting firms. Visit www.himssanalytics.org/ for more information.
About HIMSS
HIMSS is a cause-based, not-for-profit organization exclusively focused on providing global leadership for the optimal use of information technology (IT) and management systems for the betterment of healthcare. Learn more about HIMSS at www.himss.org.
CONTACT DETAILS
Savitha Lakshman, Dell Services, 91 9902922665, savitha_lakshman@dell.com
Jolly Ahuja, Max Healthcare, +91 9871026333, jolly.ahuja@maxhealthcare.com
KEYWORDS
CONSUMER, BUSINESS SERVICES, HEALTHCARE, IT, MEDIA, TECHNOLOGY, HEALTHCARE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
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