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Comments of Mr V Vaidyanathan, Chairman, Capital First Limited on RBI Monetary Policy

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India

“The key point to note from this policy is that the RBI is keenly awaiting transmission of the past cuts. In a way the RBI is saying banks are being incongruous in their behaviour of passing rates in an increasing interest rate environment versus a reducing rate period and are suggesting this practice be addressed. In keeping monetary policy rates unchanged, there is no surprise in this bi-monthly credit policy released on 7th April 2015. Also, a bit of bullishness about rate cuts have been tempered through this policy, by way of various pre-conditions mentioned.”

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Ricoh India Introduces MP C2011SP Color Digital Imaging System

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Multifunctional colored printer ideal for small and mid-sized market

 

Bengaluru, Karnataka, India

Ricoh India Ltd. a market leader in Printing & Document solutions and IT services, today unveiled the MP C2011SP Color Digital Imaging Systems for printing industry. Keeping in mind the needs of Small and mid-sized market, Ricoh has launched MP C2011SP which offers fast speed, greater paper capacity and worry-free security. Further, it allows customers to expand their digital imaging resources and capabilities without expending their budget.

 

Designed with sophisticated features, MP C2011SP provides High productivity for workgroups, advanced scanning functionality and Strong environmental commitment with eco-conscious design. The MP C2011SP incorporates all the strong and innovative features of their predecessor model (MP C2030), and provides even more advanced features. Users can maximize production with faster output speed, conserve IT resources with advanced network, Color and Mono printing and monitoring capabilities, and save time and money with document sharing over the mail in a network.

 

Speaking on the occasion, Manoj Kumar, Executive Vice President and CEO, Ricoh India Limited., said, “We are pleased to launch MP C2011SP in multifunctional printer market to make lives easier for customers by providing more tasks in less time. With the aim to offer best in class performance product, Ricoh has brought this compact device that offers advanced features for multifunctional operations. Ricoh has always been in the forefront to provide innovative products to its customers and also promises to continue the momentum of delivering quality products in the future.”

 

Additional new features of the MP C2011SP includes a full-color 9 inch Super Video Graphics Array (SVGA), touch panel that offers animated guidance for easy usage. The paper trays have been expanded to hold up to 2,300 sheets and the paper weight has been increased 300gms, enabling more robust production to take place. Professional-grade documents can be produced in a snap with crisp 1200 dpi resolution further, allowing customers to make an excellent first impression with SRA3 capability.

 

About Ricoh

Ricoh is a global technology company specializing in office imaging equipment, production print solutions, document management systems and IT services. Headquartered in Tokyo, Ricoh Group operates in about 200 countries and regions. In the financial year ending March 2014, Ricoh Group had worldwide sales of 2,195 billion yen based on the IFRS accounting standard (approx. 21.3 billion USD).

 

The majority of the company's revenue comes from products, solutions and services that improve the interaction between people and information. Ricoh also produces award-winning digital cameras and specialized industrial products. It is known for the quality of its technology, the exceptional standard of its customer service and sustainability initiatives. Under its corporate tagline, imagine. change. Ricoh helps companies transform the way they work and harness the collective imagination of their employees.

 

For further information, please visit www.ricoh.com/about/

The post Ricoh India Introduces MP C2011SP Color Digital Imaging System appeared first on NewsPr.

ICICI Bank Cuts Base Rate by 25 bps to 9.75%

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India

ICICI Bank has announced a reduction of 0.25% in the ICICI Bank Base Rate (“I-Base”) with effect from April 10, 2015. The revised rate will be 9.75% p.a. as against 10.00% p.a. at present. With effect from July 1, 2010, interest rates on new loans and advances, including consumer loans, are determined with reference to I-Base.

 

The fixed rate customers will not be impacted by the above revision and their contracted rates will remain unchanged.

 

ICICI Bank also announced a reduction in interest rates for some tenors of retail fixed deposits with effect from April 10, 2015.

 

Customers can call the ICICI Bank 24 hour customer care help line or log on to the website (www.icicibank.com) for more details.

 

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 17 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, cashflow 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 Media Queries:

corporate.communications@icicibank.com 

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Comments of Mr. David Walker, Managing Director, SARE Homes on Real Estate Bill

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India

Mr. David Walker, Managing Director, SARE Homes:

 

“We welcome the passing of the Real Estate (Regulation and Development) Bill as it will reduce the number of casual / non professional builders operating in the industry. We also hope that it will give customers the confidence to commit to buying new homes with the comfort that their largest investment decision is now protected by a regulator.  We encourage the government to also bring EDC charges paid to local authorities under the scope of the regulator to ensure timely delivery of infrastructure that has been paid for by home buyers.”

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VFS Global Inaugurates New Premises in London

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VFS Global Inaugurates New Premises in London

LONDON, April 7, 2015 /PRNewswire/ --

A brand new application centre providing visa application services for 13 Schengen Governments, Canada and UAE

VFS Global officially inaugurated the new Visa Application Centre in London on Friday 27 March. Mr Christiaan Sys, President of the Consular Corps of London (CCL) inaugurated the new centre located at 66 Wilson Street EC2A 2BT along with Mr Chris Dix, Chief Operating Officer for Europe and the Americas at VFS Global.

(Photo: http://photos.prnewswire.com/prnh/20150407/738914 )

Along with Canada and UAE, 13 Schengen countries are served at this location and operations commenced in early March. Initial customer feedback has been very positive. Operating from a dedicated, modern facility VFS Global manages the visa application processes for 15 client governments ensuring that visa applicants receive a high level of service in a comfortable and secure environment.

Speaking on the occasion, Christiaan Sys said, "Apart from being President of the CCL, I also represent the first Schengen country VFS Global started to work with here in London back in 2007. Since partnering with Belgium, several other Schengen colleagues have joined bringing the total of countries currently represented here to 13. VFS Global sends an important signal towards its Schengen clients by investing in these state of the art new premises as an indication of their continuing commitment to provide a quality service not only to the missions for which they work, but also to the customers who come here to launch their visa applications - especially in light of the introduction of biometrics at the end of this year."

On behalf of VFS Global, Chris Dix added, "It is indeed a privilege to deliver improved facilities to our clients and applicants. We are committed to provide professional and convenient services around the world and I am delighted VFS Global is able to offer this new, modern and centrally-located visa application centre in the heart of London. We are confident that our solutions and services will enhance the overall customer experiences and support the requirements of our clients."

The key features of the new centre include:

  • Conveniently located and easily accessible state-of-the art facilities
  • Longer operating hours allowing applicants to visit at a time of their convenience
  • Well trained staff dedicated to handle queries and applications
  • Automated queue governance for smooth flow of applicants, providing better crowd management
  • Secure handling of documents and personal information
  • State of the art premium lounge with dedicated counters
  • An exclusive DVPC counter for visas to UAE
  • In-VAC feedback forms, and online feedback services for applicants to share their recommendations and feedback about the services
  • Choice of services supporting a convenient process

The application centre will remain open from 0830hrs to 1730hrs, Monday to Friday and 0830hrs - 1230hrs for certain missions on Saturday. All applications will continue to be assessed and processed by the respective Embassies and Consulates in the UK.

Joint Visa Application Centre

66 Wilson Street, London Ec2A 2BT

8.30am to 5.30pm

Helpline: 0871376-0023 Email: info.schengen@vfshelpline.com Website: http://www.vfsglobal.com

Business hours: 0830hrs to 1730hrs

Address: 66 Wilson Street, London Ec2A 2BT

Submission Timings: 0830hrs - 1600hrs | Monday - Friday (except declared holidays)

Document Collection: 1600hrs - 1730 hrs | Monday - Friday (except declared holidays)

Saturday working hours: 0830hrs - 1230 hrs

*VFS Global will be responsible only for accepting applications on behalf of client missions. All applications submitted will continue to be assessed and processed by the respective consulates and embassies. Timelines for turnaround of visas are as per the discretion of the authorities.

About VFS Global

VFS Global is the world's largest outsourcing and technology services specialist for governments and diplomatic missions worldwide. With 1546 Application Centres and operations in 120 countries across five continents as at 28 February 2015, VFS Global serves the interests of 45 client governments. The company has successfully processed over 95 million applications since its inception in 2001.VFS Global worldwide operations are certified ISO 9001:2008, ISO 27001:2005 andISO 14001:2004. For more information, please visit http://www.vfsglobal.com or download the VFS Global Mobile app, available for Apple or Android mobile devices via App Store or Google Play.

Media Contacts
Bianca Nagpal
BiancaN@vfsglobal.com
VFS Global

Media Contacts

Consulate General of Belgium in Mumbai
Bernard Jacxsens: bernard.jacxsens@diplobel.fed.be

VFS Global
Rustom Dhanbhoora: drustom@vfsglobal.com

 

SOURCE VFS Global

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ET Solar Builds a 50 MWp Solar Power Plant in Israel

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MUNICH, April 8, 2015 /PRNewswire/ — ET Solar, a leading smart energy solutions provider, announces that its wholly-owned subsidiary, ET Solutions AG, has been chosen to provide turnkey EPC services for a 50MWp solar power plant in Israel, along with local partners G-Systems and El-Mor Group.

The project is located 20 km north-west of the ancient port-city of Ashkelon, and will be built on 60 hectares of semi-desert land. The new solar power facility is expected to be grid-connected by the end of this year, and generate over 85,000 megawatt hours of clean energy annually, enough to offset approximately 50,000 tons of carbon dioxide from the atmosphere every year.

ET Solar will provideend-to-end services including project management, electrical design, plant layout, purchasing, quality control, construction supervision, and commissioning services. After commissioning, ET Solar will also act as the operations & maintenance service provider with its partners.

Mr. Dennis She, President and CEO of ET Solar, said, “This is the largest solar power-plant we have built in the Middle East to date. It demonstrates our ability to plan and implement every stage of large-scale solar power projects, from EPC to O&M. We are proud to deliver clean, affordable, reliable solar energy to the Israeli market, which today is heavily dependent on hydrocarbons.”

“The solar project comes in the wake of last year’s achievements, which included completion of a 7.8 MWp solar power plant and a contract for a 40 MWp project. We are pleased to note that, with our local partners, we have become the largest EPC contractor in Israel for utility-scale projects.”

About ET Solar

ET Solar is a leading smart energy solutions provider. With innovative solar technologies and tailored financial solutions, ET Solar provides professional one-stop solutions across the entire solar power-plant lifecycle including development, financing, engineering, procurement, construction, and operations &maintenance. To learn more about ET Solar and ET Solutions AG, please visit: http://www.etsolar.com and www.etsolutions.de.

For more details, please contact:

Eric Zhang
Tel: +86 25 8689 8098 ext.9011 / +86 136 4518 8386
Fax: +86 25 8689 8097
E-mail: eric.zhang@etsolar.com / pr@etsolar.com

SOURCE ET Solar Energy Corp.

 

RELATED LINKS
http://www.etsolar.com
http://www.etsolutions.de


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EOS and Engineering Staff College of India (ESCI) Inaugurate Centre for Additive Manufacturing in Hyderabad on April 9

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HYDERABAD, India, April 8, 2015 /PRNewswire/ —

Technology education, demonstration and trainings focusing on design for Additive Manufacturing

EOS, global technology and quality leader for high-end Additive Manufacturing (AM) solutions, jointly with the Engineering Staff College of India (ESCI) on April 9 inaugurates the ESCI-EOS Centre for Additive Manufacturing at the ESCI-facility inHyderabad. Anand Prakasam, Country Manager for India at EOS, states: “The technology offers a true value adds for industries such as aerospace, medical and tooling. We already see high market interest for it in India, yet market education is still key.” And he adds: “At the ESCI we will showcase technology capabilities based on a variety of application examples. We will also offer trainings with a focus on design rules for the Direct Metal Laser Sintering (DMLS) process, e.g. for the design of conformal cooling channels for tooling applications, to enable our customers to best unfold the full potential of this design-driven manufacturing process.”

Dr. U. Chandrasekar, Director of ESCI, concludes: “Through this joint collaboration effort we want to play a proactive role in building up design for additive manufacturing capabilities. Our organization can perfectly support EOS in creating more awareness among prospective users from various sectors and in understanding the role the EOS metal technology can play in their product development and manufacturing endeavors. The better a potential user or customer understands the basic functionalities and fundamentals of this manufacturing process, the better they can integrate it into existing manufacturing and prototyping eco systems. Together with EOS customers we also plan to develop some customer references.”

Stephanie Cheong, Marketing Manager EOS Singapore Pte. Ltd. (phone +65-6430-0541, e-Mail: Stephanie.cheong@eos.info), visit our website and you tube channel.

 

SOURCE EOS India


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Honor 6 Plus up for Pre-order From April 8 on Flipkart.com

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NEW DELHI, April 8, 2015 /PRNewswire/ —

16 Pre-booking Customers to get a Chance to Meet Royal Challengers Bangalore (RCB) Team in Delhi

Honor, Huawei’s smartphone e-brand for digital natives, announced the pre-order for its star smartphone Honor 6 Plus. The Honor 6 Plus will be available for purchase at INR 26,499 and the registration started on April 8, 2015 at 00:00 (time) exclusively on Flipkart.com.

The Honor 6 Plus will go on sale through Flipkart.com on 14th April. The customers who have successfully completed the registration process will be given priority of purchase because of the limited stock. As RCB’s principal sponsor for IPL, Honor has decided to give a chance to 16 customers to be selected through a lucky draw and have successfully pre-ordered the Honor 6 plus to meet RCB players in New Delhi on 27th April, 2015. Furthermore, Honor has decided to give exciting gifts for the lucky customers who successfully buy the product after 14th April. The lucky winners will get free return tickets to Europe and along with a ticket to witness a football match.

Honor 6 plus-two Eyes to the world, the world’s first parallel dual camera phone:

This smartphone offers cutting-edge dual 8 MP rear camera, which is set to revolutionize smartphone photography and promises DSLR quality images to users. The dual lens camera offers amazing aperture range of f/0.95 – f/16, found only in very expensive DSLR lenses. The phone features fastest focus within 0.1 seconds, 5.5-inch Full HD display with resolution 1920×1080 which yields a pixel density of 401 ppi, and is powered by a Huawei Kirin 925 chipset (Octa-core CPU, four Cortex A-15, and four Cortex A-7) along with 3GB of RAM. The device offers 32GB internal storage and a MicroSD card slot for storage expansion.

Commenting on this, Mr. Allen Wang, President, Consumer Business Group, Huawei India said, “Honor is an established brand in India now. Consumers are now looking for a smartphone that delivers first-rate performance along with distinctive looks. Honor 6 Plus provides just the right amount of blend. We are overwhelmed to see the response generated by Honor 4X and hope the same will be given for Honor 6 Plus. We are hopeful that with this product we’ll be able to further maximize our reach in the Indian market. Owing to our consumer’s commitment towards the brand, we have decided to give out special gifts to few lucky customers.”

Honor would select winners from the successfully completed pre-orders through www.hihonor.in

Registration link: http://www.flipkart.com/honor6-plus?otracker=ts_honor_4x_tabs_honor6-plus

About Honor:

Honor is Huawei’s smartphone e-brand. Honor is the world’s leading smartphone e-brand. The target consumers of Honor are digital native generation, a group that live in the internet, spending more than one-third of their time online for social and entertainment, shopping, studying or simply staying connected. They are young, vibrant and driven by passion. Honor brand has clocked sales of over 20 million Honor phones in 2014, accounting for a global revenue of about 2.4 billion USD with a 24 times increase. Honor has been expanding aggressively in global markets, and has successfully launched in 57 global markets within 6 months in 2014, entering the bestselling charts in most of the European countries Honor launched. Accordingly, Honor obtains a huge user base which has yielded powerful mouth-spreading asset. Honor products also enjoy global aesthetics, super processing technology and massive patent support. The three basic characteristics of Honor product: best camera, long battery life and remarkable craftsmanship. Honor is born for ultimate tech innovation.



Media Contact
Aseem Tuteja
Aseem.Tuteja@Fleishman.com
+91-9873177313
Fleishman Hillard

SOURCE Honor


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Vizury’s Smart Use of Data for Etihad Airways Earns Rewards, Wins a FOMA

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Vizury Announces $16M Series C Funding Led by Intel Capital, Ascent Capital

BANGALORE, April 8, 2015 /PRNewswire/ --

Vizury, a premier performance marketing and remarketing firm, won the silver for the "Smart Use Of Data" category at Festival Of Media Asia Pacific Awards 2015 (FOMA) held at Singapore on 24th March. The Festival of Media Asia Pacific Awards is dedicated to the evolution of media, celebrating the best in media thinking and communications across the APAC region.

(Logo: http://photos.prnewswire.com/prnh/20140612/10100042-a )

"We are thrilled to win a FOMA for the Smart Use of Data category. Etihad's campaign was interesting from the beginning. It was built around the premise of delivering consistent ROI by tapping consumers across a variety of programmatic channels including Facebook Exchange. Vizury adopted a data-backed marketing approach that was powered by big data analytics and predictive sciences. Targeting consumers through personalized ads across multiple platforms increased online bookings and brand awareness delivering 3X business ROI for Etihad," said Amjad Puliyali, GM India, Middle East and Africa, Vizury.

The Smart Use of Data Award recognizes data-driven marketing efforts by brands that have yielded improved results, as evidenced by metrics like web conversions, increase in average order value, reduction in online CPA or increase in ROI. A panel of 55 judges comprising of renowned marketing and media executives evaluated over 1700 entries before announcing the winners. Some of the biggest of brands and agencies like Mitsubishi, Vodafone, OMD, Bohemia, KFC were the other contingents shortlisted for this award.

Vizury has also been shortlisted at the Performance Marketing Awards for Global Excellence in Performance Marketing 2015 to be held on April 28, in the United Kingdom.

About Vizury:

Vizury, a premier performance marketing and retargeting firm, helps marketers secure customers using personalized marketing solutions across channels. Established in 2008, we work with some of the best known brands in 40+ countries across industries like travel & hospitality, e-commerce, healthcare, automobile and classifieds. Vizury has a presence in Bangalore (HQ), Tokyo,Delhi, Beijing, Shanghai, Guangzho, Singapore, Jakarta, Taipei, Dubai, Seoul, Sydney, Sao Paulo and Mexico. Listed on Deloitte APAC Tech Fast500 for two consecutive years (2014 & 2015), Vizury is among the first companies in Asia to be a badged a Facebook Marketing Partner with FBX specialty and a Twitter Retargeting Platform Partner.

For more information, please visit www.vizury.com

Follow Vizury on LinkedIn or on Twitter @vizuryonetoone



Media Contact:
Namrutha Ramanathan
namrutha.ramanathan@vizury.com
+91-9663323583
Vizury Interactive Solutions Pvt. Ltd.

SOURCE Vizury

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Eka CEO Manav Garg Selected to Participate in Prestigious CTRM thought Leaders Program

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Commodity Technology Advisory named an elite group of thought leaders that have been key contributors to the CTRM software industry  
India

Eka Software Solutions, the leading global provider of Smart Commodity Management software solutions, announced today Eka’s CEO, Manav Garg, has been named as a CTRM Thought Leader by Commodity Technology Advisory (ComTech), the leading analyst organization covering the ETRM and CTRM software markets.

ComTech created the CTRM Thought Leaders program to recognize individuals that have made significant contributions to the technologies and related processes that are a critical component to the commodities trading industries. The Thought Leaders will serve on a standing ComTech panel of CTRM experts and will provide insights on industry trends and other issues facing commodities companies.

The CTRM Thought Leaders have agreed to provide steering guidance to ComTech research efforts, and to share their knowledge and experience via a number of ComTech deliverables, such as our ComTechAlert newsletter,” said Dr. Gary M. Vasey, Managing Partner of ComTech.

Eka’s CEO Manav Garg was named as a charter member of the CTRM Thought Leaders program. To view the “Conversations with Leaders in CTRM Technology” video where ComTech interviews Manav to learn his views on the future of commodity management technology, visit http://info.ekaplus.com/comtech-interviews-manav-garg.

The next wave of commodity management software will address advanced analytics to enable commodities companies to make better decisions, faster,” said Manav Garg, CEO and Founder of Eka. “Our focus at Eka has always been to find innovative ways to solve real customer problems and we are addressing the future needs of this industry with our Smart Commodity Management solutions.”

Manav started his career as an agricultural trader with a large global commodity house where he witnessed first-hand the deficiencies in traditional trading and risk management software. Realizing the market opportunity, and combining this with his passion for technology, Manav founded Eka in 2004. Since Eka’s inception, Manav has continually been recognized as an innovator and thought leader in this industry. In 2014, he was named to Fortune Magazine’s “40 Under 40″ compilation of executives in India.

About Eka Software Solutions:

Eka is the global leader in providing Smart Commodity Management software solutions. Eka’s analytics-driven, end-to-end Commodity Management platform enables companies to efficiently and profitably meet the challenges of complex and volatile markets.

The company’s best-of-breed solutions manage commodity trading, enterprise risk, compliance, procurement, supply chain, operations, logistics, bulk handling, processing, and decision support. Eka partners with customers to accelerate growth, increase profitability, improve operational control, and manage risks and exposures.

Eka is a team of 400+ staff with offices in the Americas, Asia, Australia, and EMEA, serving a rapidly growing global client base across multiple commodity segments.

For more information about Eka, visit www.ekaplus.com

Media Contact Details
Charlotte Fernandes Eka Software Solutions +918040819200
Sandeep Deb Varman Genesis Burson-Marsteller +919916020191

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Accenture Video Solution Helps Star India to Inspire a Billion Imaginations Delivering Seamless Online and Mobile Video to One of the World’s Largest Entertainment Markets

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Mumbai, Maharashtra, India; New York, United States
  • India’s consumers receiving broadcast-quality content on mobile devices of choice
  • 25 million video views places STAR India in online sports history

Intending to spark a billion imaginations, Star India, one of India’s leading entertainment broadcasters, selected Accenture (NYSE: ACN) to help develop, launch and deliver its over-the-air programming to India’s online, digitally-enabled consumers on almost any mobile device. Called hotstar, the innovative service debuted on January 7 through Star India’s wholly owned subsidiary, and when fully deployed will be available to India’s entire population.

 

The innovative hotstar service, built on the Accenture Video Solution (AVS) software platform, will be funded primarily through advertising, using the platform’s new digital advertising functions. Taking advantage of a fully cloud-based infrastructure, hotstar will be able to serve the entire country with a catalogue of more than 45,000 movies and television series.

 

Accenture helped Star India develop and launch the online video service to establish India’s largest online entertainment destination by building on a “mobile first” strategy. Leveraging AVS, Star can deliver broadcast-quality content to consumers on a wide variety of devices over Wi-Fi, 4G, 3G and 2G networks, including those with limited bandwidth resources such as 2G feature phones.

 

With hotstar, our ambition is nothing less than the establishment of a whole new model for on demand video consumption in the world,” said Sanjay Gupta, Star India COO. “We will drive dramatic innovation on this platform with benefits for both users and advertisers. Accenture has been a valuable partner in this effort. They are walking side by side with us in creating this compelling platform, bringing the best of their product and technology expertise to the table. Together, we will establish compelling new benchmarks in the Over the Top space.”

 

In addition to service delivery, Accenture is managing the hotstar operations around the clock utilizing the client’s on-site team in Hyderabad and Accenture’s Global Video Operations Center in the Philippines. The service supports more than 7,000 different digital devices with its mobile-friendly platform, which delivers video streaming and downloads in any of India’s urban and suburban areas. The powerful AVS analytics engine will also provide Star with the capability to predict and help drive user behaviors with personalized content recommendations.

 

Last Feb. 15, hotstar, along with starsports, its digital platform counterpart, served more than 25 million video views during an Indian-Pakistan cricket match to make it the most watched sports event online of all time.

 

By creating a digital video service available on multiple screens, Star has secured its status as India’s most advanced next-generation content provider,” said Ashish Khanna, managing director for Accenture’s Communications, Media & Technology operating group in India. “It is one of the first services globally to offer entertainment, movies and sports on a single platform for free while enabling new consumption models. This provides consumers access to a rich catalogue of content delivered online with interactive advertising formats that provide multiple opportunities for content monetization by Star’s advertisers and we’re excited to be Star’s delivery partner.”

 

About Accenture:

Accenture is a global management consulting, technology services and outsourcing company, with more than 323,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments.  The company generated net revenues of US$30.0 billion for the fiscal year ended Aug. 31, 2014.  Its home page is www.accenture.com

Media Contact Details
Girish Bhosle
Accenture
+91 98920 27679
Gary Morgenstern
Accenture
+1 862-579-7662

The post Accenture Video Solution Helps Star India to Inspire a Billion Imaginations Delivering Seamless Online and Mobile Video to One of the World’s Largest Entertainment Markets appeared first on NewsPr.

BVR Mohan Reddy Elected as Chairman of NASSCOM for 2015-16

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CP Gurnani elected as Vice-Chairman for 2015-16

 

New Delhi, Delhi, India

National Association of Software and Services Companies (NASSCOM) today announced that the Executive Council has elected Mr. BVR Mohan Reddy, Founder and Executive Chairman, Cyient Ltd. (formerly Infotech Enterprises) as the Chairman of NASSCOM for 2015-16. Mr. BVR Mohan Reddy has been a member of NASSCOM’s Executive Council and will take on the new role from April 09th, 2015. He succeeds Mr. R Chandrasekaran, Executive Vice Chairman of Cognizant India, who served as Chairman of NASSCOM for the year 2014-15. The Executive Council also announced the election of Mr. CP Gurnani, CEO and MD of Tech Mahindra as the Vice Chairman of NASSCOM for 2015-16.

 

Speaking on the occasion, Mr. BVR Mohan Reddy, Chairman, NASSCOM, and Founder & Executive Chairman, Cyient Ltd. said, “It is truly a great honor to be the Chairman of NASSCOM. We are in the middle of exciting times with the IT industry gaining maturity, several technology disruptions, and the Government’s intent to deploy more IT for betterment of society and economy. We have many opportunities and challenges ahead of us. The work done by NASSCOM membership in innovation and transformation can be well used to build a digitally empowered nation. I look forward to continued involvement from our membership to accelerate momentum on all initiatives at NASSCOM.”

 

I am grateful that this responsibility comes on the thrones of a significant Digital storm that is reshaping the global marketplace, necessitating IT investments in every function to remain competitive and relevant. The political stability in India combined with game-changing initiatives such as Digital India, Smart Cities, Make in India are opening up unprecedented opportunities for the industry to contribute and benefit from the growth momentum. The spurt in product start-ups and the investment climate are reflective of this renewed confidence. I look forward to working with the NASSCOM Executive Council on catalysing Innovation and Transformation,” said Mr. CP Gurnani, Vice-Chairman, NASSCOM.

 

Mr. R. Chandrasekaran, Former Chairman, NASSCOM said, “I have been fortunate to have had the opportunity to work with NASSCOM and contribute in aligning the industry focus with the government’s vision during the last year. It has been heartening to note that the IT-BPM sector has played an important role in achieving the envisioned scale of the Skill India, Digital India and Make in India programmes. It has been a great opportunity to lead the industry as Chairman of NASSCOM. I am really hopeful for the industry with NASSCOM playing a critical role in evangelizing and leveraging newer opportunities for the sector.”

 

Chairman Mr. BVR Mohan Reddy along with Vice-Chairman Mr. CP Gurnani and President, Mr. R Chandrashekhar will lead NASSCOM to carry out its diverse array of priorities to enable NASSCOM in achieving the 2020 vision for the industry:

- Catalyse Innovation, Transformation, Digital Hub

- Expand global trade initiative

- Engage and support programs for SMEs, Start-ups

- Enhance engagement with Government

- Enable Inclusion and CSR

 

About BVR Mohan Reddy:

B.V.R. Mohan Reddy is the Founder and Executive Chairman, Cyient Limited and Chairman, NASSCOM. Having established Cyient (formerly Infotech Enterprises) in 1991, Mohan pioneered computer-aided design/computer-aided manufacturing (CAD/CAM) solutions serving international clients. Today, with 12,500+ employees across 38 locations worldwide, Cyient is one of the largest independent exporters of high-value R&D services from India. Mohan was elected as Chairman, NASSCOM in April 2015. Mohan has been a member of the NASSCOM Executive Council since 2003. In his previous role as Vice Chairman, NASSCOM, he was credited with establishing the Member Connect program and laying the foundation of NASSCOM’s engineering services council (ER&D Forum) through a range of initiatives, including instituting industry research on ER&D services. Mohan has also served as the Chairman of the Confederation of Indian Industry (CII), Southern Region (2008-2009), and was also a national council member. Associated with a number of academic and industry forums, he is also Chairman of the Board of Directors of IIT, Hyderabad.

 

About CP Gurnani:

CP Gurnani is the Chief Executive Officer and Managing Director of Tech Mahindra. CP also played a pivotal role in the three-year transformational journey of Mahindra Satyam and spearheaded the company’s eventual merger with Tech Mahindra. An accomplished business leader with extensive experience in international business development, start-ups and turnarounds, joint ventures, mergers and acquisitions, CP in many ways led Tech Mahindra's transformation journey, where he contributed significantly to the company's strategy and philosophy. In a career spanning 32 years, he has held several leading positions with HCL Hewlett Packard Limited, Perot Systems (India) Limited and HCL Corporation Ltd. An outstanding people's manager, CP has an entrepreneurial style of management that is a blend of enthusiasm and dynamism. A chemical engineering graduate from the National Institute of Technology, Rourkela, he is a distinguished and active alumnus of the Institute.

 

About NASSCOM:

NASSCOM® is the premier trade body and the chamber of commerce of the IT-BPM industry in India. NASSCOM is a global trade body with more than 1800 members, which include both Indian and multinational companies that have a presence in India. NASSCOM's member and associate member companies are broadly in the business of software services, software products, consulting services, BPM, e-commerce and web services, engineering services and animation and gaming. NASSCOM’s membership base constitutes over 95% of the industry revenues in India and employs about 3.5 million professionals.

Media Contact Details
Kavita Doshi
NASSCOM
91 11 23010199
Rudra Bose
Genesis Burson-Marsteller
+91 9811626585
Nitin Shukla
Genesis Burson-Marsteller
+91 9873985197
Aprajita Saxena
Genesis Burson-Marsteller
+91 7838348339

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Mr. Saroj Pattnayak makes Bangalore proud, reaches the finale ‘What’s Your Talent’

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Bangalore, Wednesday, April 08, 2015: AEGON Religare Life Insurance (ARLI) has organised another customer engagement campaign ‘What’s Your Talent’ wherein Mr. Saroj Pattnayak from Bangalore has been shortlisted to showcase his talent in the grand finale judged by Bollywood Star, Raveena Tandon. He would be competing with the other participants across India on Saturday, April 11, 2015. In line with its continuous efforts to connect with the customers, ARLI previously had organised events like Krafty kids origami contest, Women special campaign and Wonder Cook judged by celebrity chef Sanjeev Kapoor.

 

The competition does not limit the participants to demonstrate their talent in a specific segment but it ranges from anything and everything with no age bar. Mr. Saroj Pattanayak (43) will work his magic through his soulful voice.

 

AEGON Religare life Insurance believes in keeping its customers at the centre and thus designs services, engagement programmes and products around it. We aim at building interesting and innovative ways of involving with them to make such sessions more meaningful and insightful. Over a period of time, we intend to inculcate a feeling of belongingness amongst our customers like one would have towards their family and friends. We are glad to announce that Mr. Pattnayak has already made The City of Gardens, Bangalore, proud. I wish him all the very best for the contest.says KS Gopalakrishnan, Managing Director and Chief Executive Officer, ARLI.

 

The “AEGON Religare What’s Your Talent” contest with Raveen Tandon, invited participation from all customers and their families across India. The interested candidates had to simply upload the videos of their talents on a micro site. The campaign got an excellent response with 1,100 entries from all over the country. The second stage involved an expert panel short listing 10 best entries. The shortlisted 10 are being invited to Mumbai for the grand finale that will be performed LIVE in for Raveen Tandon.

 

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Tamil Nadu Lays Out Red Carpet For Industry

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Sector leaders evince keen interest to invest in Tamil Nadu ahead of the Global Investors Meet

 

Bengaluru, 8th April, 2015: Industry leaders from across the sectoral spectrum were in Bengaluru to participate in the road show hosted by the Government of Tamil Nadu, en route the much awaited Tamil Nadu Global Investors Meet 2015 on 23rd and 24th May.A distinguished group of speakers representing sectors from oil and exploration to hi-tech manufacturing and sunrise sectors like biotech provided the audience a glimpse of advantages of investing in Tamil Nadu.

 

In his keynote address, hon’ble Industries Minister, Mr P. Thangamani said, “Tamil Nadu has had very impressive statistics all across the sectors. Our industry-friendly State is a big manufacturing hub with presence of many internationally renowned multi-nationals, who have chosen the State as their global manufacturing and export hub. With many more investments to come the State is poised to become one of the most competitive manufacturing hubs globally by the year 2016. To take this growth path to the next level, the State Government has developed Vision 2023, a strategic plan for development, under which 12 focus sectors have been identified. The Global Investors Meet 2015 will be a great leap for the state.”

 

Echoing the state’s resolve to become one of the top business destinations in Asia, Mr. C.V. Sankar, I.A.S., Additional Chief Secretary to the Govt. of Tamil Nadu, Industries Department, said, “Consistency in policy is one of the major factors why Tamil Nadu gets selected by investors. Industrial portfolio in Tamil Nadu is broad based compared to other States. Land acquisition without any issues and is handled end to end by SIPCOT (State Industries Promotion Corporation of Tamil Nadu. Apart from that we also show active interest in case of labour related issues such as strikes etc. We make sure that when someone invests in our state, their production losses are minimal and they have abundant supply of resources – water, electricity etc. Our focus is always on facilitating investors and going out of our way to make it simpler for them to choose Tamil Nadu.”

 

“Tamil Nadu government nurtures investment going outside of their comfort zone. What sets apart Tamil Nadu from other states is that the economic maturity that stems out of their widespread involvement in industries across the board - labour intensive sectors to hi-tech manufacturing to small scale handicrafts,” said Mr S. Ramasundaram, CEO and MD of Nagarjuna Oil Corporation, that owns 2000 acres of land allotted by SIPCOT and 500 acres acquired independently.

 

Mr D. Ravichandran, CEO of JSW Steel, said, “We have a 1 million ton plant in Salem. Tamil Nadu is an ideal investment destination simply because the basics of skilled manpower, connectivity to ports and robust road infrastructure have been efficiently managed.”

 

Mr V. Veerappan, co-founder of Tessolve Semiconductor Pvt. Ltd. said, “Tamil Nadu has a well developed eco-system for electronic product companies. Our project got approved in 14 days and all the process was done through single window clearance.”

 

Mr Bhaskar Bhatt, MD of Titan Company Ltd. credited the work culture of the State bureaucracy for earning recognition and repute that Tamil Nadu has over the decades. He said, “Titan has had a long association with the state of Tamil Nadu and the government has been there at the helm for all support.”

 

“The vibrant R&D ecology available here in Tamil Nadu has kept extracting the best human resource, and this will ensure Tamil Nadu’s lead for the times to come”, said Mr Babu Thomas, Director of HLL Lifecare.

 

Also present were Mr. M Muthu Sivan, Vice President and MD of Sanmina SCI India and Mr. Arun Bhagat, COO of GMR Krishnanagiri Special Investment Region, who highlighted Tamil Nadu’s advantages in terms of the logistical advantage for the globalised supply chain ecosystem that would keep drawing original equipment manufacturers and exporters to its shores.

 

The event ended on a buzzing note as corporate leaders shared ideas with the speakers and peers over a networking lunch. The event was attended by over 60 people from various industries and around 40 more who came to learn more about the prospects of investing in Tamil Nadu

 

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About the Tamil Nadu Global Investors Summit

Tamil Nadu is one of the most economically developed states in India. It is the 3rd largest state in terms of industrial output in the country. It is India’s most industrialized and urbanized economy. The industrial output of the State has increased two-fold during 2005-10 with a CAGR of 18.6%, though the share in India has roughly remained around 10%.

In an effort to build on the attractive growth prospects in Tamil Nadu and the Government’s commitment in maintaining the state’s position as one of the most preferred investment destinations, the state government has decided to organize the ‘Tamil Nadu Global Investors Meet 2015’ on 23rd and 24th May, 2015. The event is a focused endeavor to realize the state’s vision of inclusive growth through investment inflows, growth in employment, balanced regional development and environmentally sustainable long-term development.

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Installation of ‪CREDAI‬ New Team 2015-17 and All India Presidents Meet, April 7, 2015

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Press Release

Installation of CREDAI Team 2015-17 and All India Presidents Meet

April 7, 2015 New Delhi

CREDAI, established in 1999 is the apex body for Real Estate Developers across India having 23 state chapters and 153 city level associations, totally having around 11,500 members.  CREDAI works closely with policy makers and serves as a knowledge platform for bringing about consistent and improved standards in industry practices. As part of its mandate, CREDAI is committed to home buyers and has instituted a code of conduct followed by all its members.

  1. The new team at CREDAI has Mr. Getamber Anand, (CMD – ATS Infrastructure Ltd) at the helm as President, Mr. Jaxay Shah as President Elect (MD – Savvy Group) and Mr. Irfan Razack as Chairman (CMD – Prestige Group). They are ably assisted by a team of 5 Vice Presidents representing the various Zones, a Secretary, 5 Honorary Secretaries, a Treasurer and an entire team representing all areas (List attached).  This entire team was chosen unanimously and will lead CREDAI for the period from 2015 to 2017.
  2. Members of CREDAI are responsible and socially committed entrepreneurs. They are involved with charity and welfare in innumerable forms. The 11,500 CREDAI members across India support innumerable schools, hospitals, healthcare facilities, conduct programs for the under privileged and improve the life of not only the home buyers but also the people involved with the construction industry; namely the workers.
  3. Members have been learning from one another in carrying out programs across the country. President Mr. Anand wishes to continue growing socially and environmentally beneficial programs across the country through all the members of CREDAI.  This will be highlighted in all CREDAI communication which will bring the entire developer fraternity to one platform and create a high standard of excellence in the real estate industry.  For example CREDAI – Kochi Clean City Movement, the Magarpatta City and Nanded City initiatives bring out the success of voluntary effort by developers in reducing waste in urban areas.  Through its initiative CREDAI Kochi is processing on a daily basis 80 tonnes of bio-degradable rejections in 48,000 apartments in Kerala.  This not only aides and assist more environmental friendly living for home makers but has also created an employment opportunity for 650 below the poverty line families. Through our knowledge sharing platform, all developer members will adopt a Zero Garbage principle in all developments, this will lead to a waste management of over ten lakh metric tons per annum.  Through workshops and training videos CREDAI has started spreading this knowledge to all members across the country.
  4. CREDAI Maharashtra has taken up a unique “on the job site training program” entitled “Kushal”. Through this program (which is jointly done with NSDC) CREDAI has pledged to provide vocational and technical training to labour on-site.  This helps the class C & D workers to immediately be employed in a growing industry of infrastructure and development thereby providing livelihood for more than 20,000 workers already and this number will grow as soon as the knowledge sharing platform will make it possible for all 23 CREDAI state bodies and 153 city level associations to carry out similar initiatives in their region.
  5. CREDAI’s commitment to Skill Development is especially meaningful to the real estate sector as it is the second largest employer after agriculture. Jitendra Thakker who would head the Committee on Skill Development has espoused that all CREDAI members must commit 100 hours per annum for skill development in a comprehensive owner to worker model.
  6. Another landmark initiative that CREDAI wishes to undertake this year is the CREDAI Educational Scholarship Scheme (CESS). CESS is proposed to be instituted with the objective of promoting higher education by offering scholarships to qualified but economically underprivileged students who are pursuing full time degree or post-graduate courses in Civil Engineering, Architecture or Management in (AICTE or equivalent) approved institutions.  A corpus of Rs. 25 crores is being created for this initiative.  Under this program at least 2000 students will benefit every year.
  7. Realizing the need for overall development of children, CREDAI Developers are also being encouraged to take up playgrounds. Initiatives have already begun in various parts of the country to adopt and develop playgrounds of sizes between 3 to 25 acres.  We are hopeful that within the next two years more than a 100 such playgrounds would be developed and maintained by CREDAI State, City Level Associations as well as individual developers.  Dharmesh Jain, (Nirmal Life Style), Satish Magar (Magarpatta City Development Corporation) Shekhar Patel (Ganesh Housing) and Mr. Anand himself have committed  Rs. 3 crore towards this end. Mr. Jaxay Shah, has agreed to provide a plot of 5 acres for educational initiatives of CREDAI where children from economically weaker sections would be provided educational opportunities.
  8. CREDAI has earlier already announced a self-regulation for real estate developers and towards this has already adopted a Code of Conduct for its members. Consumer Grievance Redressal Forums are being set up across the country for customers to approach as a quicker and more effective medium towards resolution of any issues for services provided by CREDAI associated developers. We believe that this self-regulation would serve to improve standard of service and in the process save precious time and money of consumers and developers.
  9. The CREDAI team with Mr. Anand at the helm firmly believes that the Government’s vision for Housing for All by 2022 is possible and towards this looks forward to working closely with the government, industry related bodies, banking and finance sector for overall effective development in the country. We believe this will not only fulfill a long standing need but will also provide a great boost to the image of the country and the image of future India and help in growing a lot more new cities with world class infrastructure.  Mass affordable housing is a thrust area and CREDAI is closely working towards  research and development across various parts of the world where this model has been successful to effectively accomplish this task.

 

 

CREDAI  Executive Committee and Governing Council (2015-17)

 

S. NO. Name Designation Assignment
1 Getamber Anand President
2 Irfan Razzak Chairman
3 Jaxay Shah President Elect
4 Satish Magar Vice President
5 Harsh Patodia Vice President
6 S N Raghu  Nair Vice President
7 Rohit Modi Vice President Chairman Youth Committee
8 Anurag Sharma Vice President
9 Shekhar Patel Treasurer
10 Boman Irani Secretary PR committee
11 G Yoganand Joint Secretary Political Affairs, Aviation
12 Anand Singhania. Joint Secretary Tier 2 tier 3 – Central India and North  expansion
13 Narendra Kumar Joint Secretary
14 Nilesh Salkar Joint Secretary
15 Santosh Kataria Joint Secretary
Advisory Council
1 Rajanibhai Ajmera Advisory
Executive Committee
1 Nandu Belani Code of conduct and CGRF .
2 Hegde Balakrishna Members Training – education
3 Vishal Gupta Labour , PF , welfare
4 Thakker Jitendra . CSR – Skill india – NSDC
5 Vimal Shah
6 Veljibhai Shetha – Surat.
7 Ajit Choradia Legal
8 Vijay Mirchnadani
9 Najeeb Zackeria Clean India
10 Ramkrishnan Rao
Governing Council
1 D.S.Tripathy Tier 2 tier 3 – North east expansion
2 Prakash Challa Taxation
3 Hiteshbhai Bagdai
4 Rajesh Lund
5 Dharmesh Jain CSR – Education – health PR CSR activity
6 Shantilal Kataria Environment
7 Anant Rajegaonkar Issues of tier 2 and tier 3 cities excluding Central , North and East region – Extension
8 Manoj Gaur Bye-laws standardisation , NBC
9 T. Chitty Babu Best practices
10 Mayur Shah Banking and finance
Other Chairmen
1 Dinesh Patel Construction efficiency / technology
2 Vipul Thakker Expo International – B2B , B2 C
3 Credai NCR CREDAI BUILDING
Convenors
1 M V Antony Clean India
2 Sandeep Sheth Expo, International, B2B, B2C
3 J P Shroff Skill India

 


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