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TÜV SÜD South Asia Join Hands With South India Tanners and Dealers Association (SITDA) to Support Leather Exporters in Ranipet, Tamil Nadu

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TÜV SÜD South Asia

CHENNAI, March 4, 2015 /PRNewswire/ --

The Lab is Set to Change the Leather Export Landscape in Tamil Nadu With Investment Worth Rs. 10 Crore

TÜV SÜD South AsiaGerman testing and certification giant, TÜV SÜD, today inaugurated a state-of-the-art leather and leather product testing laboratory at Ranipet, Tamil Nadu. Ranipet is one of the leather processing hubs of India and accounts for about 27% of leather exports, which has created a growing need for the leather manufactures and exporters to be compliant with the international quality and safety requirements. With an objective of providing premier testing services within the proximity of the industries, the partnership between SITDA and TÜV SÜD South Asia was formalised to run the testing lab in Ranipet for the benefit of the leather industry. The world-class lab is equipped with modern facilities for testing physical and chemical properties of leather, ensuring superior quality and safety standards to help the manufacturers to rapidly improve their export capabilities and grow their businesses exponentially.

(Logo: http://photos.prnewswire.com/prnh/20140429/10096109 )

This will be the second lab for TÜV SÜD South Asia in the region, post the setup of its first testing laboratory for footwear and leather products in Ambur, Tamil Nadu in July 2010. By being closer to the customers, the lab has boosted growth for Ambur and its cluster of leather and footwear manufacturers and exporters, meeting international quality and safety requirements through faster delivery and cost efficiency.

Speaking at the occasion of the new lab, Mr. Niranjan Nadkarni, the Chief Executive Officer of TÜV SÜD South Asia said, "Our association with SITDA for setting up a testing lab in Ranipet is an important milestone for the company and a vital addition to our portfolio of operations. We have received an overwhelming response from customers at Ambur, and we will continue to add value to the enormous leather industry in Tamil Nadu, which accounts for nearly 40% of India's leather exports. We are confident that the new lab will give impetus to the leather export from the region and result in year on year growth. Moreover, the sector has consistently posted a CAGR of 8.54% for the past five years. Therefore, we truly believe the Indian leather industry is ready to make the leap to touching international standards and boost its growth."

Commenting on the opening of the new lab, M.R. Abdul Rahman Sahib, President, SITDA said, "Ranipet is an important export centre for leather and leather products in India. We have sought the expertise of TÜV SÜD to run the testing lab for the Ranipet Leather cluster to address the requirements of exporters for leather testing prior to shipment. This is currently demanded by all buyers seeking to comply with the norms prevailing in the importing countries particularly with respect to EU, REACH and CPSIA substances, and product performance according to defined standards and specifications for the product. Hence, an effective physical and chemical testing laboratory for quality control is essential in the modern competitive environment and TÜV SÜD helps us facilitate these requirements."

Additionally, the high-tech lab is equipped with certified test equipment by SATRA, a leading technical authority for footwear and leather industry.

The implementing agency for the establishment of this lab is Council for Leather Exports (CLE). The CLE has subsidised the investment towards the lab by providing a grant of Rs. 7.3 crores under the ASIDE scheme of Government of India. Additionally, SITDA has invested Rs. 3 crore for the establishment of the lab.

About TÜV SÜD

TÜV SÜD is a leading international service organisation catering to the strategic business segments - industry, mobility and certification. Headquartered in Munich, Germany and founded in 1866, it has over 20,000 employees representing more than 800 locations throughout the world. Optimising technology, systems and know-how, the interdisciplinary specialist teams act as process partners to strengthen their customers' competitiveness.

TÜV SÜD South Asia is the leading testing, inspection and certification (TIC) company with presence across India, Bangladeshand Sri Lanka. With more than 1300 employees, TÜV SÜD South Asia has serviced over 10,000 clients to date through the past two decades. It is present at 30 locations including 15 labs across the three countries. Today, TÜV SÜD South Asia is internationally competent to provide TIC solutions cutting across a wide range of sectors that include management systems, conventional and renewable energy, water, sanitation, environmental technology, infrastructure, transit systems, real estate, food, supply chain, agriculture, toys, consumer electronics, textiles, leather and related products, automobile and components, and technical as well as soft-skills training.

For more information vist: www.tuv-sud.in

Media Contact
Sharwari Paranjape
sharwari.paranjape@edelman.com
+91-7506642862
Edelman India

 

SOURCE TÜV SÜD South Asia

The post TÜV SÜD South Asia Join Hands With South India Tanners and Dealers Association (SITDA) to Support Leather Exporters in Ranipet, Tamil Nadu appeared first on NewsPr.


Views of Smt. Arundhati Bhattacharya, Chairman, SBI on the Repo Rate Cut Announced by RBI

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India

2639_mbwdjb“We welcome the repo rate cut by RBI. With the Government embarking on a path of qualitative fiscal consolidation and the formal adoption of inflation targeting, inflation trajectory is expected to stay benign and will aid banks in their decision making. Our bank will take an appropriate call of a cut in base rate by looking at all evolving circumstances.”

 

The post Views of Smt. Arundhati Bhattacharya, Chairman, SBI on the Repo Rate Cut Announced by RBI appeared first on NewsPr.

Comments by Ms. Chanda Kochhar, MD & CEO, ICICI Bank on RBI Rate Cut

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India

2613_ICICI-Bank-logo“The repo rate cut is a welcome step that demonstrates RBI's comfort with the inflation outlook and its responsiveness to emerging indicators. It also reflects the number of institutional reforms and policy measures outlined in the Union Budget, which lay the foundation for sustainable growth. The rate action today should help move the economy forward on a positive growth path.”

The post Comments by Ms. Chanda Kochhar, MD & CEO, ICICI Bank on RBI Rate Cut appeared first on NewsPr.

Muthoot Finance Launches ‘Muthoot WebPay’

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An online portal to facilitate interest payments of Gold Loan customers

 

Kochi, Kerala, India

2646_logo (4)Muthoot Finance Ltd, India's largest gold loan company launched its new service “Muthoot WebPay”, wherein the gold loan customers of the company can now make payment of their loan interest online. To support this new initiative, Muthoot has partnered with IndusInd Bank Ltd & M/s Atom Technologies, the online payment services provider. IndusInd Bank Ltd will be the banking partner for this new initiative offered by Muthoot Finance.

Launching this new service today, Mr. K R Bijimon, Chief General Manager of Muthoot Finance Ltd, said that “The success mantra of Muthoot Finance has always been its focus on the convenience of the Customers. Minimal Documentation, quick loan disbursal, various loan schemes suiting the requirements of customers from different walks of life, best customer service etc. are some of the factors that have made us the market leader. Moving in step with the digital era where people find the ‘Online’ medium more convenient to make transactions & payments, we too have decided to offer such a facility to our Gold Loan customers. With “Muthoot WebPay”, our customers can now pay their loan interest online either using their Debit Card or Net Banking facility. We believe this facility will definitely delight our customers who often find it difficult, during their busy life schedules, to call at our branch and make periodic interest payments. Now they can make payment sitting at the comfort of their home, office or even while on the move.”

Speaking on this occasion, Mr Ramesh Ganesan, EVP & Head Transaction Banking at IndusInd Bank said “IndusInd Bank has been working with Muthoot for their various banking requirements. We provided an online collection solution for Muthoot, enabling them to collect & reconcile client payments, through our Payment Gateway partner, Atom Technologies.” 

 

Muthoot WebPay facility is available in the company's official website www.muthootfinance.com. where customers can register themselves and make payments. The company will bear the online charges for the payment on behalf of the customers. Customers will not be required to pay any additional charges online for using this facility.

About Muthoot Finance Ltd:

Muthoot Finance Limited is the largest gold financing company in India in terms of loan portfolio. The company is a “Systemically Important Non-deposit taking NBFC” head quartered in the southern Indian state of Kerala. Operating history of Muthoot Finance has evolved over a period of 75 years since M George Muthoot (the father of our Promoters) founded a gold loan business in 1939 under the heritage of a trading business established by his father, Ninan Mathai Muthoot, in 1887.

The company provides personal and business loans secured by gold jewellery. Gold Loans are primarily given to individuals who possess gold jewellery but could not access formal credit within a reasonable time, or to whom credit may not be available at all to meet unanticipated or other short-term liquidity requirements

The company is listed on both National Stock Exchange and Bombay Stock Exchange.

Media Contact Details
Babu John Malayil
Muthoot Finance Ltd
0484- 2396478
Kaustubh Ghotikar
Adfactors PR
9167127415

The post Muthoot Finance Launches ‘Muthoot WebPay’ appeared first on NewsPr.

Tata Consultancy Services Unveils New Platform for Next Generation Underwriting for the Digital Era

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Underwriting Workbench Solution Offers Real-Time Insights that Inform and Guide Risk Mapping Process

 

Mumbai, Maharashtra, India; New York, United States

2680_TCS logoTata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions organization, today announced the release of its Underwriting Workbench, a multi-faceted platform that combines dynamic case management, intelligent workflow, and decision support systems with robust geospatial functions such as mapping and visualization capabilities to form a solution that augments the efficiency and effectiveness of the entire underwriting process. The solution automates the ability to capture, analyze and make use of data in order to determine risk exposure and risk aggregation.

Recognizing that the primary source of risk and liability is focused on a company’s location, TCS designed the Underwriting Workbench to give underwriters full use of location based technology and data in order to inform risk selection, the information gathering process, scoring, decision making and pricing.

Within the insurance industry, there are extensive opportunities for location-based data and geospatial technologies, and while the volume of data is overwhelming, it is also of extraordinary value to underwriters,” said Suresh Muthuswami, PresidentInsurance and Healthcare, TCS. “At TCS, we’re working with our partners and investing in our innovation labs to capitalize on these advances in digital technologies to develop solutions that our customers need to digitally re-imagine their business and be successful in this new environment.”

Rapidly accelerating changes in information technology capabilities are driving change in insurance underwriting across property and casualty,” said Matt Josefowicz, Managing Director at Novarica. “State-of-the-art underwriting today means fully electronic workflow and extensive use of a wide range of third-party data. Insurers whose systems don’t support all available capabilities will be at a serious disadvantage in pricing risk effectively and serving their distributors competitively.”

TCS’ Underwriting Workbench incorporates Pitney Bowes’ Software Spectrum Spatial solution for locating and visualizing potential risks across multiple assets and properties and Pegasystems’ Commercial Underwriting application with workflow functionality and business process rules that simplify and support all underwriting needs. Additionally, the Underwriting Workbench offers underwriters one platform upon which they can quickly and effectively analyze data, communicate with colleagues and customers, comply with underwriting guidelines and track risk exposure in real time.

Accuracy and precision are absolutely crucial in the insurance world,” says James Buckley, Senior Vice President, Location Intelligence, Pitney Bowes. “Seeing a single view of risk, across actuaries, cost management, underwriting, claims—it all will affect their customer’s experience, and the insurers' top line. Location intelligence technologies are finally making this possible.”

Chris Blatchly, VP, Global Insurance Leader for Pegasystems added, “We are pleased that TCS decided to incorporate our new Commercial Underwriting Application into their Underwriting Workbench. It is great to see our partners leverage Pega to bring innovation to the market.”

The Underwriting Workbench was developed in TCS’ Insurance Innovation Lab, a state-of-the-art environment for customers to test new ideas and trial new solutions. The Innovation Lab has been focused on capturing the latest technologies, e.g. big data, mobile, GIS, etc., and channelling those into viable services that will help to accelerate profitability, maximize efficiencies and build stronger relationships between the insurer and the insured.

About Tata Consultancy Services Ltd. (TCS)

Tata Consultancy Services is an IT servicesconsulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of ITBPS,infrastructureengineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 318,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $13.4 billion for year ended March 31, 2014 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.

Follow TCS on Twitter.

Subscribe to an RSS Feed of TCS Press Releases.

TCS media contacts:

Global

Email: pradipta.bagchi@tcs.com

Phone: +91 22 6778 9999

 

Europe / UK

Email: abhinav.kumar@tcs.com | ashish.babu@tcs.com

Phone: +32 2282 1927 | +44 078 418 92227

India

Email: h.ramachandra@tcs.com | shamala.p@tcs.com

Phone: +91 22 6778 9078 | +91 22 6778 9081

 

USA / Canada

Email: b.trounson@tcs.com

Phone: +1 646 313 4594

 

AsiaPacific
Email: sean.davidson@tcs.com

Phone: +65 9139 3668

 

Australia and New Zealand

Email: alex.goldrick@tcs.com

Phone: +61 (2) 8456 2800

 

Latin America        

Email: irais.moyat@tcs.com                                                                                                                                                            

Phone: +5255 9157 8282    

The post Tata Consultancy Services Unveils New Platform for Next Generation Underwriting for the Digital Era appeared first on NewsPr.

Views of Mr. George Alexander Muthoot, MD, Muthoot Finance on Surprised Monetary Policy

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India

Quote/ Views of Mr. George Alexander Muthoot, Managing Director, Muthoot Finance Ltd:

2646_logo (4)“The day could not have started better with the RBI’s surprise round of rate cuts. An excellent budget followed by rate cuts, it seems the government and the regulator are perfectly synced for stimulating economic growth.

 

It was a long standing demand of corporate India to reduce the cost of borrowing and it is comforting to see that we are steadily moving towards it. I expect the banks should follow the suite and reduce their base rates as well thereby making funds cheaper.”

 

The post Views of Mr. George Alexander Muthoot, MD, Muthoot Finance on Surprised Monetary Policy appeared first on NewsPr.

Microsoft Ventures Launches Two New Programs for Later Stage Startups in India

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11 startups selected from 1400 applicants for the Summer 2015 Batch of Scale Up & Accelerator Plus programs

Bangalore, Karnataka, India

2652_microsoftMicrosoft Ventures in India today announced the launch of its two new accelerator programs while unveiling its Summer 2015 batch. The two new programs – Accelerator Plus and Scale Up will focus on helping later stage startups in growing traction.

At the launch, Ravi Narayan, Managing Director, Microsoft Ventures in India along with Samir Kumar, Managing Director, Inventus Capital and Phanindra Sama, Cofounder, Redbus.in unveiled the Summer 2015 batch. The batch comprises of 11 new technology startups – AdPushup, Frilp, iReff, DailyRounds, Uninstall, iBot, FortunePay, CustomerXPs, FlamencoTech, WAGmob and UberLabs.

“The Indian startup ecosystem has evolved and has new challenges now. One of the key issues we identified at the last All India Accelerators & Incubators Meet was that there was little or no help available for later stage startups in India. This concurred with similar observations made during the pilot of Accelerator Plus, where we noticed that the 10 later stage startups who went through the pilot program benefitted more from the mentoring and showed better results, faster. This prompted us to bring in new accelerator programs to help the later stage startups,” said Ravi Narayan, Managing Director, Microsoft Ventures in India. The All India Accelerators & Incubators Meet was held at Microsoft Ventures’ semi-annual event ThinkNext in November 2014.

The final 11 emerged after several rounds of shortlisting from the original list of 1,400+ applications. “Two-third of the applicants have been referred by VCs, Angels and organizations like Nasscom and TiE. This shows that they too feel that we are on the right track, and have the resources and expertise to help these startups.” Ravi added. “We were also surprised to note that there was a spike in applications from later stage startups, 63% startups who applied are already in seed stage.”

Speaking on the occasion, Samir Kumar, Managing Director, Inventus (India) Advisors, said, “India is witnessing an unprecedented surge in entrepreneurship, as a large number of new companies are launched every day. The angel and seed ecosystem has matured to help them get a good start. However, today, scaling up is the real challenge for an Indian entrepreneur. With Microsoft Ventures’ Scale Up & Accelerator Plus programs set to address the requirements of middle to later stage startups, we'll see the mature startups propel themselves faster to the next orbit. As an investor, I believe, this is a very important step in the maturing of the startup ecosystem.” Samir and Phanindra were among the jury for the shortlisting process of the Summer 2015 batch.

The startups were selected for the programs based on their current customer traction, market potential and funding stage. The current batch has five startups under Accelerator Plus and six under Scale Up programs. It also included few international startups – three of them making to the final list – iBot from Singapore and Uninstall and UberLabs from the US.

Phanindra Sama, Co-Founder, RedBus.in said: “As an entrepreneur myself, I understand the woes of later stage startups – poised on the inflection point – but don’t know whom to turn to for help. When mature startups are ready to pivot, with bigger goals and gameplan, right mentoring at that stage can be that much-needed adrenalin to help them zoom to the next level.”

Ravi also added that the top 200 shortlisted startups who applied for the Summer 2015 will be referred to the next batch of Microsoft Ventures Partnered Accelerator Programs and the early stage startups will be invited to join the BizSpark program.

About Microsoft Ventures:

Microsoft Ventures is a global initiative to help entrepreneurs build great companies. Working with startups at every stage of maturity, the initiative provides the tools, resources, and expertise startups need to succeed. Visit Microsoft Ventures atwww.microsoftventures.com to learn more about how Microsoft is helping the next generation of smart companies take flight.

About Microsoft India:

Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services, devices and solutions that help people and businesses realize their full potential. Microsoft set up its India operations in 1990. Today, Microsoft entities in India have over 6,500 employees, engaged in sales and marketing, research and development and customer services and support, across nine Indian cities - Ahmedabad, Bangalore, Chennai, Delhi NCR, Hyderabad, Kochi, Kolkata, Mumbai and Pune. Microsoft is committed to touching and transforming lives and businesses in India through technology.

Media Contact Details
Reshma Balakrishnan
Edelman India
+91 98802 77114
Abhishek Bajaj
Microsoft India
+91 96112 34312

The post Microsoft Ventures Launches Two New Programs for Later Stage Startups in India appeared first on NewsPr.

2015 Deep Research Report on Global Keyless Vehicle Access Control Systems Industry


Elitecore Announces 18 New Service Provider Wi-Fi Roll Outs With Its Service Management Platform

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MWC, BARCELONA, March 4, 2015 /PRNewswire/ --

Successful deployments for Public Wi-Fi, Carrier Wi-Fi offload and Wi-Fi monetization with leading Tier-1 operators across APAC, MEA and SEA

Elitecore logoElitecore Technologies, a global provider of Wi-Fi Service Management Platform (SMP), announces 18 new Wi-Fi roll outs for Public Wi-Fi, Carrier Wi-Fi offload and Wi-Fi monetization across APAC, MEA and SEA, demonstrating a significant customer momentum. Elitecore's proven ability to offer quality services, enhanced customer experience and increased monetization opportunities are evident from its accelerating account growth and expansion orders from its existing customers.

(Logo: http://photos.prnewswire.com/prnh/20150304/732635 )

Elitecore Wi-Fi SMP key deployments include Public Wi-Fi cases across millions of hotspots located at cafes, malls, enterprises, stadiums, etc. enabling service providers to maximize reach; Carrier Wi-Fi offload for seamless connectivity between cellular and Wi-Fi with innovative business cases for EAP SIM and non EAP devices authentication. The other key roll outs include successful implementation of Wi-Fi monetization Solution with Mobile App for android and iOS, customized Portals, Smart City roll outs, LTE-Wi-Fi interworking, sponsored Wi-Fi services with location specific advertisements across Tier-1 operators.

Mr. Akshat Joshi, VP, Wi-Fi Product Management, Elitecore Technologies said, "We have been successful in identifying unique business challenges for service providers and help them enhance revenues by delivering cost effective and customized solutions as per requirements. Elitecore's unified SMP for different business verticals enabled service providers to offer differentiated services and win mindshare across the Wi-Fi ecosystem."

Elitecore Wi-Fi SMP gained an edge over competition and became the prime choice for its modular, pre-integrated approach with capability to offer solution for Public Wi-Fi, Carrier Wi-Fi offload and Wi-Fi monetization with a unified SMP. With a single converged platform, SMP helps to launch innovative business cases across hotspots, offer seamless mobile data offload plans and monetization services across different business segments. Elitecore's unique expertise in Wi-Fi Solution with dynamic offerings for ANDSF, LTE-Wi-Fi interworking, Wi-Fi Calling helped to win new customers and generate repeat business from existing ones.

About Elitecore:

Elitecore Technologies is a leading provider of Wi-Fi Service Management Platform (SMP) with large number of Carrier Wi-Fi deployments. The pre-integrated and modular platform enable CSPs to tap new revenue opportunities and launch innovative use cases across different business verticals thus ensuring faster time-to-market and better TCO.

Media Contact
L.K. Pathak
AVP-Corporate Communications
+91-9925012059
l.k.pathak@elitecore.com

SOURCE Elitecore Technologies

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Appedo Announces $1M Seed Round To Change Analytics Game

HICARE Associates With Snapdeal to Launch its Pest Management Services Under the Home Services Category

Price Comparison Site YouTellMe.com set to Acquire Coupons Portal Priceburp.com; Plans for Series A Funding of $1 Mn – $1.5 Mn

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MUMBAI, March 11, 2015 /PRNewswire/ --

Acquisition to Help YouTellMe's Ambition to Become the Leading Destination Website in Indiafor Money-saving Product Offers, Coupons and Deals

YouTellMe - LogoOnline price comparison and product discovery portal (https://YouTellMe.com), owned by Mumbaibased YouTellMe Media Pvt. Ltd., has informed that it is set to acquire coupons and deals portal Priceburp.com, which is based out of Mumbai. Coupon site Priceburp was launched in 2010 and has over 5,000 coupons listed, while YouTellMe was launched last year in the comparison space competing against websites like mysmartprice, pricedekho and smartprix.

(Logo: http://photos.prnewswire.com/prnh/20141209/10112369)

"We are delighted to announce that the decision to acquire the extensive coupon listings as well as the talent and experience of Priceburp team have been confirmed by management of both the companies. This acquisition will make YouTellMe one of the most complete online destinations in India for money-saving product offers, coupons and deals," said Shailendra Dave, Co-Founder & CEO of YouTellMe. "There is lot of synergy in the kind of work that YouTellMe and Priceburp does. YouTellMe enables users to find the right products of the right retailers, while coupon site Priceburp offers users the best exclusive deals on those products," he added.

The operational team of Priceburp will fully integrate with the YouTellMe team to populate its merchant coupons and deals section. They aim to add product prices, coupons and deals from over 500+ online stores in India over the next six months.

YouTellMe.com helps users to discover products and compare prices of products from multiple online stores in a high number of categories like mobile phones, electronics, home and kitchen, fashion and health and beauty for users to discover new products for online stores like Flipkart, Myntra, Jabong, Amazon, PayTM, Snapdeal etc. Since its launch in 2014, the company has grown to over 30+ online stores listing over 4 million products in more than 800+ categories on its website https://youtellme.com

"We are currently a team of 10 FTEs with an exceptionally experienced advisory board and a fully scalable platform that is ready for exponential growth. Last year, we raised about $100K seed funding from Dutch early stage investor Bright Ventures. We are now ready to fuel our growth further and are planning to raise our Series A in the next months to the tune of $1 million - $1.5 million," Shailendra stated.

The funding will be used for further development of the product offering, hire talent and support for its robust marketing plans.

About YouTellMe Media Pvt. Ltd.

YouTellMe Media Pvt. Ltd. is a Mumbai based consumer focused Internet company incorporated in 2014. The company owns the brand YouTellMe.com, which is an online price comparison and product discovery portal helping users compare prices and discover products from 30+ online stores and more than 800+ categories. The company lists more than 4 million products to choose from and offers a convenient online shopping experience with its partner stores.

For more information, you can connect with:

Media Contact:
Shailendra Dave,
shailendra@youtellme.com,
+91-9833094626,
Co-Founder & CEO,
YouTellMe.com

SOURCE YouTellMe Media Pvt. Ltd.

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MSRUAS Teams up With PACE Partners for the Advancement of Collaborative Engineering Education

Paul G. Allen to Offer Live Underwater Tour of the Musashi Battleship Wreckage

Hublot unveils the Big Bang Unico Full Magic Gold: The World’s Only Scratch-Resistant Gold Watch

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Hublot Big Bang Unico Full Magic Gold

It's the most scratch-resistant massive gold watch ever created: A gold that can only be altered by diamonds

- In celebration of the 10th Anniversary of the iconic Big Bang, Hublot reveals today, one week before Baselworld, the Big Bang Unico Full Magic Gold. 

Hublot Big Bang Unico Full Magic GoldNEW YORK, March 10, 2015 /PRNewswire/ -- It is the perfect fusion of respect for tradition and 21st century creativity. The fusion of a revolutionary material – the famous Magic Gold, which is the world's only scratch-resistant gold, certified as 18K and developed by Hublot – and the iconic design of the BIG BANG, with its Manufacture Chrono: the UNICO.

Photo - http://photos.prnewswire.com/prnh/20150310/180773

Ricardo Guadalupe, CEO of Hublot, declared: "The fusion of materials is in Hublot's DNA. Four years ago, Hublot created Magic Gold, the only scratch-resistant gold in the world. Still today, Hublot is the only brand to offer this material, whose hardness is close to 1,000 Vickers, more than twice that of 'standard' 18 carat gold, which only reaches 400 Vickers."

The Magic Gold is a noble material protected by patents, certified as 18 carats by the Central Office for Precious Metals Control,and developed by Hublot in Switzerland alongside the prestigious EPFL (Swiss Federal Institute of Technology), several months of fine-tuning took place in the manufacture to machine the famous alloy.

Since November 2011, when Magic Gold was unveiled to the world's press, Hublot has equipped itself with the means to produce this material in-house from start to finish thanks to its high-tech foundry at the Nyon Manufacture, which is home to the ceramic sintering and high-pressure metal casting processes.

As you are probably already aware, this revolutionary material is a fusion of 24 carat gold (nature's ultimate noble material) and the latest high-tech materials expertise. Components made from this material are produced using a complex process: A boron carbide powder is pre-formed in moulds very similar in shape to that of the finished parts, in this case the watch's bezel. The pre-formed powder is then hardened at a very high temperature, creating a rigid, porous structure. After this operation, 24K gold alloyed with 3% molten liquid gold is injected under very high pressure with inert gas at a high temperature, allowing the metal to fill the ceramic pores and creating a "fusion" of the two to produce Magic Gold.

Almost three years of collaboration and research have gone into achieving this impressive result: a completely new type of gold, an almost inalterable precious metal which retains its own characteristics. The first watches made from Magic Gold were presented at BaselWorld2012 in a very limited Big Bang Ferrari edition which reflected the shared DNA of the 2 brands: Exclusivity, innovation and technology.

LINK TO IMAGES: http://bit.ly/1C3XPRN

www.hublot.com

SOURCE Hublot

 

RELATED LINKS
http://www.hublot.com

The post Hublot unveils the Big Bang Unico Full Magic Gold: The World’s Only Scratch-Resistant Gold Watch appeared first on NewsPr.


Xavier University Bhubaneshwar Opens with End-to-End Juniper Networks Campus

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Open, Simple and Smart Architecture will Support Up to a Ten-Fold Increase in Students at Digital University

 

India

2899_JuniperNewsvoir/ -Xavier University Bhubaneshwar (XUB), formally inaugurated in July, has started operations at its new state-of-the-art campus with a complete network infrastructure supplied by Juniper Networks. The new campus network will be able to scale to support up to a ten-fold increase in students. It will also deliver seamless and secure access to the university’s new digital services such as Xavier Videbook and Xavier My Room – delivered from the Xavier Cloud via the Xavier One Portal.

XUB builds on the 26-year heritage of the Xavier Institute of Management Bhubaneswar – one of India’s top 10 graduate schools of business – with an expanded mission of developing competent, committed and compassionate leaders through management education at the undergraduate level. As a private, self-financing institution XUB is focused on generating a good return on its infrastructure investment while providing students with the best facilities to support their learning experience.

News Highlights

  • The campus network currently serves about 1,000 full-time students and 80 staff, based on an architecture that will enable the university to scale up to 10,000 students while maintaining low operational overhead and delivering seamless and secure network performance through both wired and wireless access.

  • The network design is aligned with XUB’s drive to be a fully digital institution with leading edge services such as Xavier Videobook, which enables students to source relevant and contextual video content to make learning more immersive, and Xavier My Room, a platform for hosting virtual classrooms and peer-to-peer interaction using high-quality video and audio conferencing.

  • The Juniper Networks solution integrates switching, routing, security and wireless networking in a holistic manner to simplify network administration and minimize operational overheads.

  • Campus core and aggregation networking is handled by Juniper Networks® EX4300 Ethernet Switches linked together with Virtual Chassis technology to form a distributed logical switch that is administered as a single device. This not only decreases operating costs but increases network resiliency.

  • As rising student and staff numbers drive increased demand for data center services, the university has a great deal of flexibility in how it scales its data center networking capacity, while protecting its exiting investment in switches, as a result of its deployment of Juniper Networks MetaFabric™ architecture in its network.

Media Contact Details
Sumana Bhat
Edelman India
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ICICI Bank Organizes Coin Exchange Mela at Federation of Jharkhand Chamber of Commerce & Industries (FJCCI) in Ranchi

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Coins worth Rs. 10 lakhs were exchanged

 

Ranchi, Jharkhand, India

Newsvoir/ - ICICI Bank, India's largest private sector bank, organized a coin exchange mela at Federation of Jharkhand Chamber of Commerce& Industries (FJCCI) in Ranchi, under the guidance of the Reserve Bank of India.

 The Bank periodically organises Coin Exchange Melas to offer free facility of exchanging acceptable soiled and mutilated currency notes with coins to the general public. It is a much-awaited event that receives an overwhelming response from people from all walks of life. Anyone can avail of this facility free of cost.

 

The event saw participation of over 70 people. The Bank exchanged total coins worth Rs. 10 lakhs in the denomination of Rs.1, 2, 5 and 10 during the mela.

 

ICICI Bank has 3,850 branches, the most among private sector banks, and 12,091 ATMs spread across the country (at December 31, 2014). It has over 45 branches in Jharkhand. The Bank services its large customer base through a multi-channel delivery network of branches, ATMs, call center, internet banking, mobile banking and social media banking.

 

For updates, visit www.icicibank.com, follow twitter@ICICIBank for banking on Twitter and latest news from the Bank.

 

About ICICI Bank Ltd:

ICICI Bank Ltd (NYSE:IBN) is India's largest private sector bank with consolidated total assets of US $ 124.76 billion at March 31, 2014. ICICI Bank's subsidiaries include India's leading private sector insurance companies and among its largest securities brokerage firms, mutual funds and private equity firms. ICICI Bank's presence currently spans 18 countries, including India.

Except for the historical information contained herein, statements in this release, which contain words or phrases such as 'will', 'would', etc., and similar expressions or variations of such expressions may constitute 'forward looking statements'. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of non-performing loans, our growth and expansion in business, the adequacy of our allowance for credit losses, technological implementation and changes, the actual growth in demand for banking products and services, investment income, cash flow projections, our exposure to market risks as well as other risks detailed in the reports filed by us with the United States Securities and Exchange Commission. ICICI Bank undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof. All reference to interest rates, penalties and other terms and conditions for any products and services described herein are correct as of the date of the release of this document and are subject to change without notice. The information in this document reflects prevailing conditions and our views as of this date, all of which is expressed without any responsibility on our part and is subject to change. In preparing this document, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources. ICICI Bank and the "I man" logo are the trademarks and property of ICICI Bank. Any reference to the time of delivery or other service levels is only indicative and should not be construed to refer to any commitment by us. The information contained in this document is directed to and for the use of the addressee only and is for the purpose of general circulation only

For Press Queries:

corporate.communications@icicibank.com 

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FICCI – PMI submit report to the government on ‘Make in India’

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Suggests steps for Make in India to be successful

Summary of FICCI-PMI Recommendations

0811_PMI_logoNew Delhi, March 11, 2015: With the launch of the Make in India initiative by Hon’ble Prime Minister Narendra Modi, Federation of Indian Chambers of Commerce and Industry (FICCI) and Project Management Institute (PMI) submitted a report to the government to realise Make in India. The report was released at the ‘FICCI-PMI Symposium on Project Management Practices 2015’ organized by FICCI in partnership with PMI.  Today, it is more critical than ever to build project management capabilities, especially at an organizational level for Make in India to deliver results. Realizing this, FICCI and PMI have identified the top three critical areas which need attention in order to create a conducive environment for the success of Make in India. The areas are:

    • Quality of stakeholder engagement and risk management in large projects
    • Nodal agency role in monitoring and supporting project execution
    • Training and tools for enhancing organizational project management capabilities, especially in government

‘FICCI-PMI Symposium on Project Management Practices 2015’ was organized to submit recommendations towards leveraging the science and art of project management for Make in India combined with a supporting eco-system. At the conference, the main speakers were Mr. Raj Kalady, Managing Director, PMI India, Dr A. Didar Singh, Secretary General, FICCI, Mr. Shailendra Singh, Joint Secretary, Department of Industrial Policy and Promotion, Mr Neeraj Gill, General Manager, Public Sector, Microsoft India and Ms. Sanjeevan Bajaj, CEO, FICCI Quality Forum.

Opening the inaugural session, Mr Raj Kalady, Managing Director, PMI India, said, “Everyone agrees that Make in India is an important initiative for the country, at the same time we need to be aware that Project Management is the crucial bridge connecting these projects/programs on paper and the successful realization of these initiatives. While it is very important to improve the business regulatory environment with speeding up of clearances for goods to be manufactured in India, but at the same time what happens to the goods that are manufactured in India? How do they reach the end consumer or the ports in case they are to be exported and how fast do they reach there? So for Make in India to be truly successful there needs to be an all around development of Infrastructure as well. This needs to be looked at from a very comprehensive perspective.”  

Mr Shailendra Singh, Joint Secretary, Department of Industrial Policy and Promotion highlighted two important projects of Govt of India handled by his department namely ‘E biz’ and ‘Ease of doing Business’. He said that in most of the government projects, engaging with multiple stakeholders, handling sponsors resistance, inadequate planning, anticipation of risks in advance, taping warning signals, post implementation are biggest challenges before the project managers. Govt project managers are not trained in identifying these signals proactively and there is a hesitation to learn from others experience.

Dr A Didar Singh, Secretary General FICCI during his closing remarks said that “Everything we do is a project and everyone is an expert in Project Management but does not realize it. Combination of education, common sense and a third element ‘Process’ that is what Project Management is all about, as process links education and common sense which determines success of your project. FICCI aims at building capacity and through forums like these to discuss correct process from unsuccessful to successful stage. In Government it is presumed that Project Management knowledge is inherent with experience of working in government but certification of that knowledge is also required.”

 

About ‘FICCI-PMI Symposium on Project Management Practices 2015’:

The ability to successfully manage projects is a key skill sought in almost all sectors of the economy today, but several reports and studies have exposed its dearth in the country. Considering the fact that time and cost overruns, and projects getting stalled are such common occurrences, there is an urgent need for us to understand the principles and practices behind successful projects, and implement sound project management practices for effective project delivery. The Symposium focused on case studies which exemplify application of project management practices to address the critical challenges in this area.

 

For more information log on to: http://www.ficciqualityforum.com/2014/feb2015/overview.html

 

About PMI:

 

PMI is the world's leading not-for-profit professional membership association for the project, program and portfolio management profession. PMI delivers value for more than 2.9 million professionals working in nearly every country in the world through global advocacy, collaboration, education and research. Adhering to project management methods and strategies reduces risks, cut costs and improved success rates—all vital to surviving the economic crisis.

 

For more information log on to: www.pmi.org.in

 

For further information, please contact:

 

Mrunalini Havaldar
Adfactors PR
Mobile: +91-9930-059-844
Email: mrunalini.havaldar@adfactorspr.com
Tanmay SP Ekkaldevi
Adfactors PR
Mobile: +91-8080-561-484
Email: tanmay.ekkaldevi@adfactorspr.com

 

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Shriram Automall Ties up with Gramin Bank of Aryavart

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Lucknow, Uttar Pradesh, India

Shriram Automall India Limited (SAMIL), an ISO certified Company with AA rating from CRISIL, has entered in a strategic alliance with the Gramin Bank of Aryavart (GBA). As per the agreement, SAMIL will cater to the pre-owned vehicle inventory of the bank and facilitate their hassle-free disposal through its physical and online bidding platforms.

 

Commenting on the tie-up, Mr. Sameer Malhotra (CEO of SAMIL) stated “We have signed an agreement with Gramin Bank of Aryavart to provide them holistic solutions in the disposal of their pre-owned commercial vehicles, construction equipment, tractors, cars & SUVs, three wheelers and two wheelers. Regular physical and online bidding events will be conducted with an aim to fetch maximum customer base for quick and value-for-money transactions”.

 

SAMIL has promised regular bidding events across its physical and online bidding platforms. The bank will benefit from Company’s extensive pan-India reach through over 100 bidding locations, including more than 40 well-structured Automalls. The online bidding events will ensure utmost customer convenience and make way for better opportunities in product disposal.

 

Present at the tie-up, Mr. B B Nanda (General Manager of GBA)quoted, “The physical and online bidding platforms of SAMIL showcase immense potential for a transparent disposal of our extensive range of pre-owned vehicles and equipment. Through this alliance, we aim at organising this particular segment and get maximum return through an effective disposal”.

 

About Gramin Bank of Aryavart (GBA)

Gramin Bank of Aryavart, a Regional Rural Bank, was constituted on 1st April, 2013 after amalgamation of two Regional Rural Banks (RRBs), namely Aryavart Kshetriya Gramin Bank and Shreyas Gramin Bank as per Government of India notification No. F.No. 7/9/2011-RRB (UP-1) dated 01-04-2013. Aryavart Kshetriya Gramin Bank was sponsored by Bank of India while Shreyas Gramin Bank was sponsored by Canara Bank. The amalgamated entity, Gramin Bank of Aryavart, functions under Regional Rural Banks Act 1976 having its Head Office at Lucknow under the sponsorship of Bank of India.

 

The Gramin Bank of Aryavart is operating in 15 districts, namely Lucknow, Barabanki, Farrukhabad, Hardoi, Kannauj, Unnao, Faizabad, Mainpuri, Firozabad, Aligarh, Etah, Hathras, Kashi Ram Nagar, Mathura & Agra in the State of Uttar Pradesh with a network of 651 Branches & 11 Regional Offices.

 

About Shriram Automall India (SAMIL)

Shriram Automall India Limited (SAMIL), one-of-its kind facility, is a wholly owned subsidiary of Shriram Transport Finance Company (STFC). It is India's first-ever service provider that offers various well organised and transparent bidding platforms, including physical, online, one stop classified and negotiated deals, for acquisition & disposal of pre-owned commercial vehicles, construction & industrial equipment, tractors & agricultural equipment, passenger vehicles, three wheelers and two wheelers. The company also provides various allied services, including New Look Refurbishment services, valuation, parking and finance (through STFC). It has successfully launched more than 100 bidding locations, including over 40 well-structured Automalls and nearly 70 strategic parking locations, across India. The company has been awarded ISO 9001:2008 certification for its Quality Management System and rated AA from CRISIL.

 

For more information, please contact:

SHRIRAM AUTOMALL INDIA LIMITED

709, Best Sky Tower,

F-5, Netaji Subhash Place,

Pitampura, Delhi-110034

Tel: 011-41414444

Fax: 011-42414444

E-Mail: contact@samil.in

Website: www.samil.in

 

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Zoomlion Receives Over 10 Million Dollars in Orders and Leads Chinese Engineering Machinery Industry

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