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GRUH Finance Ltd. – Profit After Tax for the Year Amounted to Rs. 203.80 Crores as Compared to Rs. 176.96 Crores for the Previous Year

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AHMEDABAD, India, April 17, 2015 /PRNewswire/ —

The Board of Directors of GRUH Finance Ltd. (GRUH) – a subsidiary of HDFC Ltd. – has approved the annual audited accounts for the year ended March 31, 2015 at their meeting held in Mumbai on April 16, 2015.

Financial Results

Profit after tax for the year amounted to Rs. 203.80 crores as compared to Rs. 176.96 crores for the previous year.

The profit for the year has been arrived at after charging Rs. 19.33 crores (Previous Year NIL) towards of Deferred Tax Liability (DTL) on Special Reserve created during the year. National Housing Bank (NHB), the regulator for Housing Finance Companies (HFCs) in India has stipulated during the year that HFCs should create DTL on creation of Special Reserve. Since the guideline has been introduced during the year, there has been no corresponding charge in the previous year. Hence, when compared to the previous year, PAT before the accounting entry of DTL is Rs. 223.13 crores indicating a growth of 26.09%.

Dividend

The Board of Directors recommend payment of dividend for the year ended March 31, 2015 of Rs. 2.00 per equity share as against Rs. 3.00 per equity share in the previous year. Considering that the Company declared a 1:1 bonus during the year, the effective dividend for the year is Rs. 4.00 per equity share (pre bonus) as compared to Rs. 3.00 per share in the previous year (pre bonus). Dividend payout ratio for the year inclusive of tax on dividend will be 42.92%.

Dividend and the distribution tax on dividend on equity shares have absorbed Rs. 72.68 crores and Rs. 14.79 croresrespectively and the balance, after spending Rs. 1.93 crore on Corporate Social Responsibility (CSR) Activities, has been transferred to reserves.

Year on year financial performance is as follows:

(Rs. in crore)

                                   2014-15    2013-14   Growth (%)
    Particulars

                                   8915.35    7009.04       27
    Loan Assets

                                    343.66     270.66       27
    Net Interest Margin

                                    312.75     242.08       29
    Operating Profit

                                    300.84     244.46       23
    Profit Before Tax
    Profit After Tax but before
    DTL on Special Reserve for      223.13     176.96       26
    the year

    Profit After Tax after DTL on   203.80     176.96       15
    Special Reserve for the year

Loan Portfolio

The loan portfolio as on March 31, 2015 amounted to Rs. 8915.35 crores as against Rs. 7009.04 crores in the previous year – an increase of 27%.

Lending Operations

Loan Disbursements

Loan disbursements during the year were Rs. 3120.87 crores as against Rs. 2577.47 crores in the previous year, representing a growth of 21%. Cumulative loan disbursements as of March 31, 2015 were Rs. 15215.12 crores.

Non-Performing Loans

The gross NPA as on March 31, 2015 stands at Rs 25.05 crores. Gross NPA constitute 0.28% of the total loan outstanding of Rs.8915.35 crores as against gross NPA for the previous year at Rs. 18.87 crores or 0.27% of the outstanding loans.

GRUH is required to carry a provision of Rs. 8.47 crores in the Balance Sheet as on March 31, 2015 on its NPA portfolio as per the guideline of NHB. GRUH has also made provision on its standard asset portfolio aggregating Rs. 39.11 crore in line with the NHB guidelines. Additionally, GRUH carries a provision for contingencies of Rs. 16.58 crore. As a result, the Net NPA stands at Rs. NIL indicating a ratio of Net NPA to Loans of NIL at the end of March 31, 2015.

Capital Adequacy Ratio

Following the accretion to reserves of Rs. 114.39 crore from the current year’s profits, the Net worth of the Company has grown to Rs. 711.49 crore, up from Rs. 607.24 crore in the previous year.

Capital Adequacy Ratio (CAR) for the company stands at 15.36% as on March 31, 2015 as against the required minimum CAR of 12% as stipulated by NHB. The Tier I Capital stands at 13.89% while Tier II capital is 1.47%.

Deposits

GRUH’s deposits portfolio has grown to Rs. 1292.10 crores from Rs. 1002.88 crores during the year indicating a growth of 29%.

GRUH’s Fixed Deposit programme is rated “FAAA” by CRISIL and “MAAA” by ICRA. The rating of “FAAA” and “MAAA” indicates the degree of safety of repayment of principal and interest is Very Strong.

GRUH’s Short Term borrowings including Commercial Paper (CP) and short term NCD’s is rated at “A1 (+)” by CRISIL and ICRA

During the year, GRUH’s credit rating for Long term Non Convertible Debenture (NCD) and Subordinated Debt NCD’s (Tier II) was upgraded by ICRA to AA+(Positive) from AA + (Stable).

GRUH’s NCD’s and Subordinated Debt NCD’s (Tier II) are rated AA+ (Stable) by CRISIL and AA+ (Positive) by ICRA

About GRUH Finance Ltd.

GRUH expanded its retail office network to 154 offices across 8 states of the country from 142 offices in the last year. GRUH has 44 offices in Gujarat, 44 offices in Maharashtra, 17 offices in Karnataka, 23 offices in Madhya Pradesh, 11 offices in Rajasthan, 7 offices in Chhattisgarh, 7 offices in Tamil Nadu and 1 office in Uttar Pradesh. For more information, visit www.gruh.com



Media Contact

Pritesh Trivedi

priteshtrivedi@oneadvt.com

+91-9727260309

Manager – PR

One advertising & Communication Services Ltd.

SOURCE GRUH Finance Ltd.


The post GRUH Finance Ltd. – Profit After Tax for the Year Amounted to Rs. 203.80 Crores as Compared to Rs. 176.96 Crores for the Previous Year appeared first on NewsPr.


Benetton Group Doubles Compensation for Rana Plaza Trust Fund Recommended by Independent Assessors

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PONZANO, Italy, April 17, 2015 /PRNewswire/ —

Therefore the Total Contribution to Rana Plaza Victims Amounts to USD 1,600,000

Benetton Commits on Factory Standards by Applying the Principles of the Accord on Fire and Building Safety to Global Suppliers

Benetton Group announces that it has contributed USD 1,100,000 to the Rana Plaza Trust Fund, doubling the sum recommended in an independent assessment of its contribution by PwC and endorsed by WRAP, an NGO focused on social compliance through global supply chains.

In fact Benetton’s payment of USD 1,100,000 follows a previous payment of USD 500,000 made through BRAC, before the Rana Plaza Trust Fund was established.

This coincides with a commitment from Benetton to raise working conditions and living standards for workers in the international garment industry via several “people first” sustainability initiatives rolling out across its global supply chain. Benetton will progressively apply the principles of the Accord on Fire and Building Safety in Bangladesh to its producers in other global markets.

We welcome the PwC report and WRAPs contribution.We have decided to go further to demonstrate very clearly how deeply we care, said Marco Airoldi, CEO of Benetton Group. Whilst there is no real redress for the tragic loss of life we hope that this robust and clear mechanism for calculating compensation could be used more widely. For this reason, we decided to make the PwC report publicly available to all stakeholders.

Benetton has a proud history of social commitment. We believe that by working closely with the right suppliers we can help to improve factory conditions for workers in Bangladesh and in many other parts of the world, he added.

Benetton was one of 29 brands connected to companies operating in the Rana Plaza building. PwC based its report on an assessment from the International Labour Organisation that in total USD 30 million compensation should be paid into the Rana Plaza Trust Fund. PwC calculates Benetton Group’s contribution to be USD 550,000 based on the level of its commercial association with the Rana Plaza.

However PwC has not factored in contributions from other third parties, such as the Bangladesh government and the Bangladesh Garment Manufacturers Exporters Association, unions and others. This means that, if its mechanism were followed by all brands operating at the Rana Plaza, after payments from other third parties the total fund could significantly exceed USD 30 million.

Based on Benettons commercial association with Rana Plaza, we believe this is a fair basis to calculate payments to the Rana Plaza Trust Fund as quantified by ILO, said Sudhir Singh Dungarpur, Partner PwC India.

With a tragedy of this scale, no financial compensation can ever really be enough, but we welcome Benettons decision to pay more than its calculated share of the fund based on the report published by PwC, said Avedis Seferian, President and CEO of WRAP. If everyone took the same approach as Benetton, the overall fund could more than exceed its stated goals.

Benetton was one of the first signatories of the Accord on Fire and Building Safety, which has improved factory safety inBangladesh in the wake of the Rana Plaza disaster. Now, in addition to applying the Accord globally, the company plans to work with its suppliers to raise workers’ living standards.

 

For further information:

+39(0)422-519036

press@benetton.it

http://www.benettongroup.com

http://www.benettongroup.com/sustainability/benetton-for-bangladesh

http://www.benettongroup.com/sustainability

benettongroup.com/media-press

facebook.com/visible-change

SOURCE Benetton Group


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Sigma-Aldrich(R) Expands Customer-Centric Model with Investments in Singapore That Localize World-Class Capabilities to Better Support Customers in Asia

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New State-of-the-Art Technical Center, cGMP Distribution Center and Headquarters Enhances Ability to Support Customers in the Region

 

SINGAPORE, April 17, 2015 /PRNewswire/ — Sigma-Aldrich Corporation (NASDAQ: SIAL), a leading Life Science and High Technology company, today announced the opening of its Asia Pacific headquarters and state-of-the-art Cell Culture Technical Center in Singapore. Located at Biopolis Research Park, the facility will provide customized support to meet customer needs, leveraging the Company’s industry leading scientific capabilities.

“Our new Technical Center will significantly enhance our ability to support our customers in the region more quickly and effectively by providing local technical solutions that are customized to meet their needs,” said Jason Apter, Vice President and Managing Director, Asia Pacific for Sigma-Aldrich. “We are partnering with biopharmaceutical companies that are looking to increase the efficiency of their R&D efforts, working with them to reduce the time-to-market, cost and risk in developing both new drugs and generic versions of existing drugs.”

The facility brings existing commercial offices and production laboratories in Singapore into a single location, together with the new Cell Culture Technical Center. The Technical Center will primarily support the customers of our SAFC® Commercial business in biopharmaceutical development and manufacturing.

The Cell Culture Technical Center is designed to address a wide range of needs of our customers in the Asia region, ranging from development projects, product support, trouble-shooting and application issues. Initially, the Technical Center will provide:

  • Cell culture media development and optimization services for customers engaged in biopharmaceutical development and manufacturing, and
  • Pre-clinical media manufacturing through our imMEDIAte ADVANTAGE™ (IA) service which provides the ability to custom produce non-cGMP batches of material and subsequent modifications thereby speeding development and accelerating time-to-market.

“The development and manufacturing of biologics, whether innovative new products or generic versions of existing drugs (biosimilars), continues to be an attractive area of growth as our customers continue pushing the boundaries of science and advancing their ability to treat and cure disease,” said Apter. “The Technical Center is a state-of-the-art platform for the delivery of our market-leading technical expertise in the region and through this platform we will continue to expand our ability to support our customers as they build up research and production capacity themselves in this important region.”

To further strengthen its presence in Asia Pacific and to better support customers in the biopharmaceutical industry, Sigma-Aldrich has also announced plans to construct its own cGMP distribution center in Tuas. Expected to open at the end of this year, the distribution center will enable Sigma-Aldrich to provide end-to-end services to its customers and distributors inSingapore and across South East Asia (SEA).

This will be the Company’s first fully-owned distribution center in SEA and will significantly enhance its ability to provide exceptional supply chain security and service to customers in the region. Created with an ‘In Asia for Asia‘ objective, the cGMP certified distribution center will support strategic partnerships with customers in the region, enabling them to meet the increasingly stringent regulatory requirements for biopharmaceutical manufacturing.

Mr. Kevin Lai, Executive Director of Biomedical Sciences and Consumer Businesses of the Singapore Economic Development Board (EDB) said, “Today, the fact that nine of the top 10 global pharmaceutical companies have a presence in Singaporeacross manufacturing, headquarters and R&D operations is testimony to the continued growth of our pharmaceutical industry. We welcome Sigma-Aldrich’s new investment and are confident that this will further strengthen our supporting ecosystem for biopharmaceutical manufacturing and R&D.”

Gilles Cottier, Executive Vice President and President of SAFC Commercial, said “The choice of Singapore as Sigma-Aldrich’s regional headquarters was an obvious one, given the country’s strategic location, strong economy, political stability and world-class infrastructure.”

“Sigma-Aldrich is recognized as a leading global supplier to the biopharmaceutical industry. Our investments in Singapore play a crucial role in our strategy to better serve our regional customers and global players expanding into Asia.  The country’s rapidly expanding biomedical ecosystem provides Sigma-Aldrich with access to talent and resources in an attractive and robust business environment like Singapore,” said Cottier.

Cautionary Statement: The foregoing release contains forward-looking statements that can be identified by terminology such as “will significantly enhance,” “will continue to expand,” “will support,” “strategy” or similar expressions, or by expressed or implied discussions regarding potential future revenues from products derived therefrom. You should not place undue reliance on these statements. Such forward-looking statements reflect the current views of management regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no guarantee that the Technical Center or cGMP distribution center will enable the Company to achieve any particular levels of revenue in the future. In particular, management’s expectations regarding the Technical Center or the cGMP distribution center could be affected by, among other things, the Company’s ability to obtain or maintain patent or other proprietary intellectual property protection; competition in general; government, industry and general public pricing pressures; the impact that the foregoing factors could have on the values attributed to the Company’s assets and liabilities as recorded in its consolidated balance sheet, and other risks and factors referred to in Sigma-Aldrich’s current Form 10-K on file with the US Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated or expected. Sigma-Aldrich is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.

About Sigma-Aldrich, a leading Life Science and Technology company focused on enhancing human health and safety, manufactures and distributes 296,000 chemicals, biochemicals and other essential products to more than 1.4 million customers globally in research and applied labs as well as in industrial and commercial markets. With three distinct business units – Research, Applied and SAFC Commercial – Sigma-Aldrich is committed to enabling science to improve the quality of life. The Company operates in 37 countries, has approximately 9,300 employees worldwide and had sales of $2.79 billion in 2014. For more information about Sigma-Aldrich, please visit its website at www.sigma-aldrich.com.

©2015 Sigma-Aldrich Co. LLC. All rights reserved. Sigma-Aldrich, SAFC and imMEDIAte ADVANTAGE are trademarks of Sigma-Aldrich Co. LLC or its affiliates, registered in the U.S. and other countries.

CORPORATE INQUIRIES:

Sigma-Aldrich
Kristi Fortschneider
Kristi.Fortschneider@sial.com

Media Inquiries:
Weber Shandwick
Tabitha Ang, tang@webershandwick.com, +65-6825-8074
Shruti Bose, sbose@webershandwick.com, +65-6825-8074

SOURCE Sigma-Aldrich

 

RELATED LINKS
http://www.sigma-aldrich.com


The post Sigma-Aldrich(R) Expands Customer-Centric Model with Investments in Singapore That Localize World-Class Capabilities to Better Support Customers in Asia appeared first on NewsPr.

Choose Pure and Everlasting Platinum Jewellery for the Auspicious Occasion of Akshaya Trithya

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CHENNAI, April 17, 2015 /PRNewswire/ —

Available Across Leading Platinum Authorized Retailers Prince Jewellery, Malabar Gold & Diamonds, GRT Jewellers, Joyalukkas in Chennai

Akshaya Trithiya is considered to be an auspicious day as per Hindu religion which falls on 21st of April this year. The word ‘Akshaya’ means never diminishing in Sanskrit and the occasion is celebrated with white payasam, jasmine flowers, kolam and even white utensils are used for the puja. The special day is considered to be highly auspicious as it marks the beginning of a new year and it is believed that anything special purchased on this day brings success and good fortune.

The colour ‘white’ is considered auspicious and is of special significance as it symbolises purity. Platinum jewellery is considered propitious for this auspicious occasion, as it reflects the quality of purity; everlasting platinum from the time it is mined till set in jewellery and perpetually after, retains its white colour and does not fade or tarnish with time.

The platinum jewellery range for this festive season includes elegantly crafted chain and pendants and earrings and a charismatic range of bracelets and chains for men. And there is also a range of divine deity pendants in its elegant platinum avatar for those who would like sacred symbols.

Price: Platinum Jewellery starts at the range of Rs. 10000 – Rs. 12000 onwards, depending on the size, weight of the metal, number and quality of diamonds used the cost would vary.

Availability: Leading retailers have a platinum counter at their stores.

Visit – www.preciousplatinum.in to get additional information on designs and locate platinum authorized retailer.

In order to assure consumers of the purity of platinum jewellery, each piece of platinum jewellery comes with a Quality Assurance Card and bears the purity hallmark of “Pt 950″ stamped inside the piece. This also serves as an assurance of a ‘buy back’ programme.



Media Contact

Divya Dulani

divya@actimediaindia.com

+91-22-66823333

Actimedia

SOURCE Platinum Guild International


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Hannover Messe – India Partner Country – Integrated Industry Takes Hannover Messe To New Heights

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  • New record: 70,000 visitors from abroad
  • Spotlight on “Industry 4.0”, robots and intelligent energy systems
  • India sets new standards as Partner Country

 

Make In India at Hannover Messe Dr.Jochen Kockler, Member of the Board, Deutsche Messe AG and Friedhelm ...New Delhi, India, April 17, 2015. After five action-packed days of industrial innovation, dynamic networking and lead generation, HANNOVER MESSE 2015 – the world’s leading trade fair for industrial technology – drew to a close on Friday, 17 April, to rave reviews by exhibitors and visitors. With “Integrated Industry – Join the Network” as its keynote theme, HANNOVER MESSE 2015 soared to new heights, striking an inspirational note among exhibitors and attendees from industry, business and government. The show placed major emphasis on the digitization of manufacturing as well as on human-machine collaboration, innovative subcontracting solutions and intelligent energy systems – topics which pulled in the crowds. More than 220,000 trade visitors – 70,000 of whom came from outside Germany – used HANNOVER MESSE to catch up on the latest technologies and make key investment decisions.

 

“HANNOVER MESSE 2015 has made it unmistakably clear: Industry 4.0 has arrived, and is sweeping every sector of industry. Digital integration is becoming a key aspect of modern manufacturing, and this trend is set to continue at a rapid pace,” commented Dr. Jochen Köckler, member of the Managing Board at Deutsche Messe. “Over the past several days, some 6,500 companies from 70 countries have showcased technologies for tomorrow’s production plants and energy systems. And India has made a real splash as this year’s Partner Country, creating a truly impressive showcase to promote its ‘Make in India’ campaign,” added Köckler.

 

Under the motto of “Integrated Industry – Join the Network”, HANNOVER MESSE 2015 gave tangible shape to the vision of the “intelligent factory”. In the factory of the future, information will be seamlessly exchanged between machines and products, ensuring optimal results and peak efficiency. According to Köckler, “HANNOVER MESSE 2015 has demonstrated that ‘Industry 4.0’ is far more than an inspirational buzzword – it is a reality. For the first time, the smart-factory solutions advertised here can be bought for direct implementation at customers’ plants.” Robots also figured prominently at the fair, drawing keen visitor interest with their captivating demonstrations of speed, precision and power. HANNOVER MESSE 2015 also revealed a new trend in this field, with protective barriers no longer separating robots from people, but robots taking their rightful place alongside human co-workers as versatile team players handling monotonous and physically demanding tasks. “Robots have been uncaged and can now directly support production crews,” said Köckler.

 

But integration is not confined to mere production operations, as energy systems also rapidly become intelligent, driving the transition to renewable forms of energy. An increasing number of decentralized power generators – including wind, solar, hydroelectric and biogas plants – are being hooked up to the grid. “The challenge of combining all these forms of energy generation into a single intelligent power grid, and distributing this power adequately to consumers, has been impressively addressed by the many exhibitors showcasing their pioneering solutions for the energy sector at HANNOVER MESSE,” Köckler noted.

 

“Around the globe, there is a lot of debate about whether Germany is not only a leading industrial nation, but also a leader in terms of Industry 4.0. A quick look at the show’s attendance figures says a lot about this,” remarked Köckler. Of the more than 220,000 visitors at HANNOVER MESSE, 70,000 were from abroad – a new record. “From rank-and-file SME employees to the CEO of industry giant Foxconn – all of them came here to Hannover to explore the opportunities for more integrated, faster, more individualized production. That means they are in the market for leading-edge technology – that is, for Industry 4.0. And they know that Germany is already far down the 4.0 path, and this why they turn to HANNOVER MESSE for the related expertise,” he added.

 

The pulling power of Industry 4.0 was also highly evident in the strong demand for guided tours, forums and events addressing the topic at the fair. According to Köckler: “The 4.0-related guided tours for visitors were booked solid. So was the Industry 4.0 forum. And we ran out of copies of the Industry 4.0 visitor guide in the first few hours. The supporting program of panel discussions and events also proved highly popular.”

 

HANNOVER MESSE visitors were delighted with India’s confident, innovative and fresh presence as this year’s Partner Country. India succeeded in positioning itself as an up-and-coming industrial nation, with more than 400 companies displaying their goods and services at the show. India’s objective was to encourage foreign companies to set up shop there, and to encourage Indian enterprises to form even closer partnerships with German business and industry. “India put in an impressive performance, here in Hannover and throughout Germany, making ideal use of the opportunities generated by the Partner Country showcase. It has set new standards for partner countries at HANNOVER MESSE,” remarked Köckler.

 

Mehul Lanvers Shah, Managing Director of Hannover Milano Fairs India, the Indian subsidiary of Deutsche Messe AG, the organisers of HANNOVER MESSE said “The India pavilion carried a strong message for the global community- that India is a serious partner for manufacturing and industrial growth and investments. Over the 5 days of HANNOVER MESSE, Indo-German partnership has been boosted with the opening of several partnerships and discussions that will no doubt result in a significant increase in India’s Manufacturing prowess. The fair has opened up new avenues in several important sectors, especially Aviation, Energy, Automotive and Smart Cities- a very important focus sector for India at this point. HMFI will facilitate the continuation of these discussions through our India events like Metropolitan Solutions, CeBIT India and WIN India to further global trade and investment.”

 

In the words of Anupam Shah, Chairman of EEPC India (Engineering Export Promotion Council of India): “Hannover Messe 2015 has been a tremendous success for India in every respect. As the Partner Country at one of the world’s largest engineering fair and under the dynamic leadership of the Prime Minister of India, Shri Narendra Modi and Commerce & Industry Minister, Shrimati Nirmala Sitharaman, Indian companies were able to showcase their technical skills, engineering capabilities and human resources before a global audience. EEPC India, which is the lead agency for India that brought 350 companies of diverse economic scales to display their engineering competence, is truly proud of having undertaken this mammoth task successfully under the guidance of the Indian Ministry of Commerce and other agencies. Major Indian companies like Roots India, HEC, to name a few, signed MoUs with their German counterparts. EEPC India also signed an MoU with BVMW, the leading German association of SMEs with 2,70,000 members. EEPC India expresses its sincere gratitude to German Chancellor Dr Angela Merkel, Vice Chancellor Mr Sigmar Gabriel, Minister-President of Lower Saxony, Mr Stephen Weil and other senior officials for their support in making India’s participation a grand success. EEPC India pledges to build this relationship for mutual benefit in the years to come.”

 

The next HANNOVER MESSE will be staged from 25 to 29 April 2016.

 

HANNOVER MESSE – Get new technology first!

The world’s leading trade fair for industrial technology ran from 13 to 17 April 2015 in Hannover, Germany, and featured India as its official Partner Country. HANNOVER MESSE 2015 placed a strong emphasis on Industrial Automation and IT, Power Transmission and Control, Energy and Environmental Technologies, Industrial Subcontracting, Production Engineering and Services and Research & Development

 

Deutsche Messe AG

With revenue of 280 million euros (2014), Deutsche Messe AG ranks among the world’s ten largest trade fair companies and operates the world’s largest exhibition center. In 2014, Deutsche Messe planned and staged 134 trade fairs and congresses around the world – events which hosted a total of over 41,000 exhibitors and some 3.6 million visitors. The company’s event portfolio includes such world-leading trade fairs as CeBIT (IT and telecommunications), HANNOVER MESSE (industrial technology), BIOTECHNICA (biotechnology), CeMAT (intralogistics), didacta (education), DOMOTEX (floor coverings), INTERSCHUTZ (fire prevention and rescue), and LIGNA (wood processing and forestry). With approx. 1,200 employees and a network of 66 representatives, subsidiaries and branch offices, Deutsche Messe is present in more than 100 countries worldwide.

 

 

Your contact for further information:

Archana Hindocha

Phone: +91 9900108969

E-mail: archana.hindocha@2020msl.com

The post Hannover Messe – India Partner Country – Integrated Industry Takes Hannover Messe To New Heights appeared first on NewsPr.

IndianMoney.com Launches India’s First Financial Education Mobile App

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IndianMoney.com is Taking Jobs to the Rural Youth

BANGALORE, April 22, 2015 /PRNewswire/ --

The IndianMoney.com mobile application, a product of the popular free financial education company, IndianMoney.com, is now available for free to all Android users. The iOS and Windows versions are also in the pipeline and are expected to be rolled out soon.

(Logo: http://photos.prnewswire.com/prnh/20140917/10106634 )

The app has been designed to make it easy for users to get financially educated and make informed decisions with regards to financial matters. The app will enable users to get free financial advice, news and tips on the go. Through this app, the user can choose to contact wealth doctors of IndianMoney.com either through chat or call.

The IndianMoney.com app can be downloaded from:  http://goo.gl/7fHMxD

The IndianMoney.com app has various features to make financial education accessible for all:

  1. Tips/News: The user gets to read latest news and tips pertaining to financial products, concepts and overall financial world.
  2. Favourite/Share: This feature enables the user to share or mark favourite the news/tips which users get on regular basis through the app.
  3. Connect: The connect option in the app allows users to submit their queries related to insuring, investing, saving, borrowing, property or tax. The IndianMoney.com team will get back on the query with possible solutions/suggestions.
  4. Call: The best way to get in touch with the IndianMoney.com wealth doctors is just to press the call option. This will give IndianMoney.com a missed call and the wealth doctors will get back.

IndianMoney.com currently educates over 9,000 people daily from all over the country on matters related to financial concepts or products. IndianMoney.com is backed by well-known Angel Investors - Mr. Ravindra Krishnappa (founder of VertExperts Consulting LLP), Mr. Shekhar Kirani (Partner at Accel Partners), Mr. Pradeep Mittal (Founder of Magna Infotech) & Srini Koppolu(Former MD at Microsoft Development Center, India). It also has financial & technology industry veterans Mr. Ramanand Baliga(Former Director of IBM), Mr. G Narayanan (Former Executive Director of Indian Overseas Bank) & Mr. T V Rao (Former Director of EXIM Bank) on its advisory board.

C S Sudheer, Founder and CEO - IndianMoney.com, said, "It is imperative to be available on mobile platform where the future lies. The motive behind rolling out this app is in sync with the existential goal of IndianMoney.com, which is to spread financial literacy in India and to help people make right choices while buying any kind of financial products like insurance, mutual funds, loans, etc. Also, users find it far more convenient to access information through mobile. The app is expected to make it much easier for the users to access free financial education."

About IndianMoney.com

Started in 2008 by Mr. C S Sudheer, the vision of IndianMoney.com is to create a financially literate India by providing free financial advice/consultation to anyone looking for an expert opinion on matters related to finance. In the process, IndianMoney.com also educates the consumers on how not to get cheated by unscrupulous agents while buying financial products.

For more details, please visit www.IndianMoney.com



Media Contact:
Avinash K T
avinash.kt@indianmoney.com
+91-9900372539
Manager - CEO's Office
Suvision Holdings Private Limited

SOURCE IndianMoney.com

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Sesa Sterlite Limited Renamed Vedanta Limited

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New Delhi, Delhi, India

Sesa Sterlite Limited (‘Sesa Sterlite’ or ‘the Company’) hereby announces that it has changed the name of the Company from its present name, ‘Sesa Sterlite Limited’ to ‘Vedanta Limited’.

The Shareholders of the Company approved the name change of the Company through Postal Ballot, results of which was announced on March 30, 2015. The name change to Vedanta Limited is now effective post issue of ‘Fresh Certificate of Incorporation’ issued by the Registrar of Companies, Goa, Ministry of Corporate Affairs (MCA), Govt. of India.

The name change from Sesa Sterlite to Vedanta Limited promises a united and aligned identity, Vedanta, which positions us to create greater value for our domestic and global stakeholders, as a diversified natural resources group of companies. Vedanta embodies commitment to deliver world class excellence with low cost operations and superior shareholder returns,” said Mr. Tom Albanese, Group CEO, Vedanta, adding that this is a significant milestone which reflects Vedanta’s commitment to strengthen the linkage between our business, communities and stakeholders.

Vedanta Limited, the Indian subsidiary of London listed, Vedanta Resources Plc, a globally diversified natural resources company, is engaged in the exploration and production of aluminium, zinc, lead silver, copper, iron ore, oil & gas and commercial power.

The change in the name of the company will have no impact on the operations of subsidiary companies, viz., Cairn India Limited, Hindustan Zinc Ltd (HZL) and Bharat Aluminium Co. Ltd (BALCO) and the divisions of Vedanta Limited.

About Vedanta Limited:

Vedanta Limited (Vedanta Ltd) is a diversified natural resources company, whose business primarily involves exploring and processing minerals and oil & gas. The Company produces oil & gas, zinc, lead, silver, copper, iron ore, aluminium and commercial power and has a presence across India, South Africa, Namibia, Ireland, Australia, Liberia and Sri Lanka.

Vedanta Ltd, formerly Sesa Sterlite Limited, is the Indian subsidiary of Vedanta Resources Plc, a London-listed company. Sustainable Development is at the core of Vedanta's strategy, with a strong focus on health, safety and environment and on enhancing the lives of local communities. Vedanta Ltd is listed on the Bombay Stock Exchange and the National Stock Exchange in India and has ADRs listed on the New York Stock Exchange.

 

Disclaimer

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

Media Contact Details
Roma Balwani Vedanta +91 22 6646 1000

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Vodafone M-Pesa Customers get ‘Cash-back’ and ‘Free Transfers’ for Six Months

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Mumbai, Maharashtra, India
  • New customers making utilities payment through M-Pesa get upto INR 50* as cash back every month for 6 months
  • New customers using M-Pesa Mobile Money Transfer (Person to Person (P2P) or Person to un-registered mobile no (P2UR)) get one Mobile Money Transfer service free* every month for 6 months

 

Vodafone M-Pesa, the largest business banking correspondent in the country with over 90,000 agents brings a unique offer for all new M-Pesa customers on transactions pertaining to Mobile Money Transfers and Utility Bill Payments.

 

Under this offer, all new M-Pesa customers making utility payments through M-Pesa get upto INR 50 cash back every month for 6 months. Utilities include Vodafone Post-paid bills, Landline bills, Vodafone Pre-paid recharge, DTH recharges, and Electricity and Gas bill payments. The minimum payment needs to be INR. 100/month.*

 

In addition, all new customers who transfer money using his/her M-Pesa account anywhere in India (Person to Person or Person to Un-registered mobile no) get one mobile money transaction free every month for 6 monthsThe transaction amount needs to be anything between INR. 1000-5000/month.*

 

To avail this offer, customers need to register for M-Pesa by logging on to https://www.mpesa.in/portal/# or Dial *400#from their mobile or download the new Vodafone M-Pesa App on their mobile.

 

Speaking on this new, exciting customer proposition, Suresh Sethi, Business Head- M-Pesa, Vodafone India said “M-Pesa is an innovative financial service from Vodafone that brings the bank to the mobile and addresses the issue of access to financial services. We are confident that introducing the two offers around money transfer and payment of utility bills, will encourage our customers to first-hand experience the instant, secure and convenient way of making all their payments and transfer on the go through the secure M-Pesa Mobile Wallet.”

 

Vodafone M-Pesa brings the bank to the mobile and serves the needs of the unbanked and under banked, in a safe, fast and convenient manner. Today, with a pan-India distribution of over 90,000 agents and more than 3 million customers,Vodafone M-Pesa is the largest business banking correspondent in the country and is playing a vital role in enabling financial inclusion and m-commerce.

 

*Terms and conditions apply

 

About Vodafone India

Vodafone India is a fully owned subsidiary of Vodafone PLC, which is one of the world’s largest telecommunications companies. Making its entry into India in 2007, Vodafone today has built an ever growing, robust business in highly price sensitive and competitive market. Serving over 180 million customers, Vodafone provides innovative, customer friendly and differentiated products and services through a wide scale distribution and exclusive retail footprint - backed up with a modern, technologically advanced network for both voice and data.

 

Vodafone Business Services, the enterprise arm of Vodafone, provides total telecommunications solutions across both mobility and wireline platforms and enables Global Enterprises, National Corporates, SME’s and Government segments to communicate, collaborate and connect.

 

Vodafone India provides customers with a new currency in the form of M-Pesa, the world renowned mobile wallet and money transfer service. Vodafone M-Pesa brings the bank to the mobile and serves the needs of the unbanked and under banked, in a safe, fast and convenient manner. Today, with a pan-India distribution of over 90,000 agents and more than 3 million customers, Vodafone M-Pesa is the largest banking correspondent in the country and is playing a vital role in enabling financial inclusion and m-commerce.

 

With the advantage of its global expertise and knowledge of local markets, Vodafone India is well poised to significantly expand the Government's capacity to deliver benefits and outcomes for citizens, governments and businesses. It endeavours to be a steadfast partner in the Government’s efforts towards Digital India

 

A value based organization; Vodafone is committed to achieving the highest standards of Health, Safety and Well-being for its employees and business partners. Sustainability is an integral part of the company’s mission and strategy and ‘Vodafone Cares’ is the platform to showcase initiatives under the pillars of education, environment and empowerment. The Vodafone Foundation, in turn, is committed to leveraging India’s pressing challenges using mobile technology, thus playing an important role in India’s digitization programme. Its activities focus on the 4M’s for empowering individuals – mHealth, mEducation, mAgriculture and mWomen.

 

About Vodafone Plc.

Vodafone is one of the world’s largest telecommunications companies and provides a range of services including voice, messaging, data and fixed communications. Vodafone has mobile operations in 26 countries, partners with mobile networks in 55 more, and fixed broadband operations in 17 markets. As of 31st December, 2014, Vodafone has 444 million mobile customers and 11.8 million fixed broadband customers.

For more information, please visit www.vodafone.com

 

Follow us on Twitter @VodafoneIN_News

Media Contact Details

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Aircel Committed to Construct Toilets and Provide Sanitation Facilities for Tamil Nadu Schools

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New Delhi, Delhi, India

Aircel, one of India’s leading mobile service providers, has pledged a contribution of Rs. 82.6 Lacs towards the ‘Swacch Bharat Abhiyaan’. The project - titled ‘Swacch Vidyalaya’ and run in partnership with Charities Aid Foundation (CAF) - will build toilets and provide sanitation facilities in schools across Tamil Nadu. The dedicated fund will be utilised towards construction and maintenance of toilets. Additionally, it would also be used for building hand-wash units and providing education to children on the importance of sanitation and hygiene under the ‘Aircel Clean School Drive’ program. This project will extend to across 50 schools in Tamil Nadu.

Brinda Malhotra, Head of Corporate Social Responsibility, Aircelhanded over the contribution cheque to actor Farhan Akhtar and legendary cricketer Sourav Ganguly in the presence of Mr. Rajiv Pratap Rudy – Minister of State (Independent Charge) for Skill Development and Entrepreneurship.

Speaking on the occasion, Brinda Malhotra, said, “At Aircel, we feel extremely upbeat about Prime Minister Narendra Modi’s vision of a clean India under the ‘Swachh Bharat Abhiyaan’. It is really thought-provoking that millions of children in India are deprived of the basic necessity of having toilets in schools, let alone having them clean. We’re confident that our honest effort will help these children lead a hygienic and healthier life and address the larger issues of education, health, hygiene, dignity and gender equality.”

The project will be completed within a year and will benefit more than 20,000 people. Further, the ‘Aircel Clean School Drive’ would also entail ‘Behaviour Change Communication’, reaching out to thousands of children encouraging a hygienic lifestyle.

About Aircel Limited:

Aircel is one of India’s leading innovative mobile service providers. The company has 3G spectrum in 13 circles and BWA spectrum in 8 circles and is credited with the fastest 3G roll out ever in the Indian telecom space. As a young data led telecom player, Aircel has constantly been at the helm of introducing innovative and value for money products and services for its customers, which are industry firsts, be it the Aircel Pocket Internet, taking the first step in making 3G affordable for the masses, being the first telecom player to introduce Facebook Voice Updates on Aircel, and many more. The Smart Pocket Internet data plans by Aircel truly changed the way mobile internet was perceived and consumed. The company has been the proud recipient of coveted awards such as Asia Responsible Entrepreneurship Awards (AREA) 2012 South Asia by Enterprise Asia, ‘Excellence Award for Security in Telecom 2012’ by Data Security Council of India (DSCI) an institution setup by NASSCOM® and ‘Best in class Learning and Development Awards’ for ‘Innovation in Learning’ and ‘Best Training Venue’ by World HRD Congress 2013. For more information, please log onto our website www.aircel.com

Media Contact Details
Astha Ghai +91 9871708750

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Rolta’s Solution Wins the Prestigious eGovernment Excellence Award 2015 in Bahrain

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Rolta

MUMBAI, April 22, 2015 /PRNewswire/ --

Rolta today announced that its eGovernance solution implementation has received the prestigious eGovernment Excellence Award 2015 from the Government of Bahrain. Winners of the eGovernment Excellence Award 2015 were honored by Deputy Prime Minister and the Chairman of the Supreme Committee for Information and Communication Technology, Shaikh Mohammed bin Mubarak Al Khalifa.

(Logo: http://photos.prnewswire.com/prnh/20121023/570667 )

The award for the best eGovernment project was won by the Ministry of Works, Municipalities and Urban Planning ("MOW") for their Enterprise Asset Management System ("EAMS") project. EAMS was designed, developed and implemented by Rolta. Rolta adopted an innovative approach to seamlessly integrate data pertaining to roads, drainage and government buildings in the Kingdom of Bahrain from four major repositories based on disparate technologies - Infor, IBM, Oracle and ESRI - around Rolta OnPoint™. The solution provided by Rolta addresses the management of the full life cycle of an asset covering planning, design, construction, operation, maintenance, and retirement. EAMS has enabled Bahrain MOW staff, even with minimal IT skills, to carry out routine tasks and asset performance analytics more rapidly and cost-effectively.

Commenting on the award received by MOW, Mr. Hisham Yousif Sater, Director - ITD, Ministry of Works said, "The EAMS project has been instrumental in reducing costs and enhancing the overall effectiveness of asset management. He added, "Rolta has worked with us in true spirit of partnership, and can justifiably take pride in this recognition bestowed on MOW by the Supreme Committee."

Congratulating MOW on this success, Mr. Reida Elwannas, President, GIS/Mapping - EMEA, Rolta said, "We take pride in having had the privilege of working with MOW on this project, and for which they have received the prestigious award. It reinforces our confidence in and commitment to our strategy of uniquely combining IT and GIS capabilities for delivering high value solutions that address 'Smart City' initiatives to our clients across the globe."

About Rolta

Rolta is a leading provider of innovative IT solutions for many vertical segments, including Federal and State Governments, Defense, Homeland Security, Utilities, Oil & Gas, Financial Services, Manufacturing, Retail, and Healthcare. By uniquely combining its expertise in the IT, Engineering and Geospatial domains, Rolta develops exceptional solutions for these segments. The company leverages its industry-specific know-how, rich repository of field-proven intellectual property that spans photogrammetry, image processing, geospatial applications, Business Intelligence, Big Data Analytics, Cloud Computing, and Software Defined Infrastructure for providing sophisticated enterprise-level integrated solutions. Rolta is a multinational organization headquartered in India. The company operates from 40 locations worldwide through its subsidiaries, and has executed projects in over 45 countries. Rolta is listed on the Bombay Stock Exchange and National Stock Exchange in India. The company's GDRs are listed on the main board of London Stock Exchange. The company's 'Senior Notes' are listed on Singapore Stock Exchange.

For more information, visit www.rolta.com



Media Contact:
Rajesh Ramachandran
Rajesh.Ramachandran@rolta.com
+91-22-29266666
President and CTO, Global Products & Technology Solutions
Rolta India Ltd.

SOURCE Rolta India Limited

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Mylifezy.com: World’s First Virtual App Store Platform in Hybrid Cloud

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MUMBAI, April 22, 2015 /PRNewswire/ —

With the noble vision to be the largest virtual cross app platform in the world, Deluxe Elite Infosolutions Pvt Ltd have taken their first step in achieving this goal by launching the top-notch Mylifezy.com social app. With the help of advanced cloud computing strategies, the team of enthusiastic developers and designers are now able to offer a unique experience to clients who were lacking a universal platform to access, manage and share different applications used for particular purposes, which are available in multiple domains. Simply put, this app lays the platform for businesses and professionals to communicate and interact through different apps.

At present, the app store is in the beta stage with fewer applications and clients for diverse domains. It also focuses mainly in three sub categories, which are communication, m-commerce and realty sector, with the hope of expanding its scope in the near future. M-Store App, Subscription App, Testimonial App, Yellow Pages, Profile App and Venue App are the applications available in the freemium model at present.

Mylifezy.com is a package of several massive benefits for its users. Linking professionals and businesses through apps, connecting available apps with third party apps, ability to connect through any device, platform or technology, high-end social interactivity are some of the principal advantages of this platform out of many.

Mr Viraat Kothare, director of Deluxe Elite infosolutions Pvt ltd, commented: “This high-end virtual app store has its own space in many social networks such as Facebook, twitter, Pinterest and Google+ to educate the public on its advantages and potential. When considering the growth potential of the site, it is obvious that it could grow in both quantity and quality. The dynamic Mylifezy.com team expects to invent many user-friendly and advance upgrades to their top-notch app store.”

Recent Accolades:

Mylifezy.com has been shortlisted in the Top 40 global companies to pitch in Lab353 accelerator program in Dublin, Ireland onMarch 19th in hybrid cloud space.

Mylifezy.com has been selected in the Break 2015 Program Indonesia by Swell in June 2015 in Bali, Indonesia

About Deluxe Elite Infosolutions Pvt Ltd

Deluxe Elite Infosolutions Pvt Ltd, located in Mumbai, India is a leading provider of hybrid public cloud app solutions. The IT firm, which was founded in 2011, launched its latest online venture – Mylifezy.com, which is a universal virtual social app store platform that offers its users tailor-made and readymade solutions.

To learn more about this innovative implementation of many cutting-edge technologies combined with hybrid cloud computing visit: http://www.mylifezy.com

Image URL Link: https://picasaweb.google.com/lh/photo/GRvl8R3Tjucl0S9Ezhyf3dMTjNZETYmyPJy0liipFm0?feat=directlink

Video URL link: https://www.youtube.com/watch?v=l6L0rUF4Kec

Logo URL link: https://picasaweb.google.com/116293350775461333049/April212015?authuser=0&feat=directlink

Mylifezy logo URL link: https://picasaweb.google.com/lh/photo/bcsPaIghjMRHvJnRULSo_dMTjNZETYmyPJy0liipFm0?feat=directlink

Facebook URL: https://www.facebook.com/mylifezy

Twitter URL: https://twitter.com/mylifezy777

For more information on this exclusive Mylifezy.com virtual app store, contact:

Media Contact:
Viraat Kothare,
viraat@mylifezy.com,
+91-2228375387,
Director, Deluxe Elite Infosolutions Pvt Ltd

SOURCE Deluxe Elite Infosolutions Pvt Ltd


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UP to Expand Places Around Taj Mahal For Sightseeing

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Place:New Delhi
Date:22nd-Apr-2015

With the intention of promoting sightseeing beyond the historic Taj Mahal, the UP govt will be expanding places of interest around the Taj Mahal.

Uttar Pradesh CM is planning to allure more travellers which would guide to employment creation and improvement of the area, his other half and Samajwadi Party MP, Dimple Yadav said today.

“For this purpose wildlife, cultural, religious sightseeing around Agra would be improved and adventure sightseeing so that the state can appear as a tourism friendly one,” Dimple Yadav said while launching Agra Taj car rally.

“Travellers who arrive to Agra return from there. However, with lion safari, they’ll come here guiding to more employment possibilities for the locals and improvement of this area,” Mss Yadav added.

She also said that the Agra Taj car rally would cover a distance of four-hundred fifty kilometres passing through the Jarar, Chambal, Chakarnagar gullies and arrive at Agra in 2 days. It will definitely help the course of improving the number of tourists to Delhi and the revenue as well.

The CM of Uttar Pradesh was programmed to launch the car rally but because of some heavy schedule his wife represented for him.

About Company:

Alluring India Destinations Pvt. Ltd  welcome you to a place where you can find, a variety of wildlife, a beautiful landscape, magnificent mountains, estuaries, all complied with luxury and excellence through an experience of a lifetime. Welcome to the alluring India.

Contact:

Alluring India Destination
272,273 Vardhaman Crown Mall, Sector 19, Dwarka
New Delhi- 110075
Telephone no - 1(112) 804-3177

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Steel Pickling Units Defy National Green Tribunal’s Order as DPCC Fails to Act

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New Delhi, Delhi, India

Stainless steel pickling units located at wazirpur industrial area in Delhi continue to flout the orders of National Green Tribunal (NGT) as Delhi Pollution Control Committee (DPCC) has failed to implement the orders of the NGT. The green tribunal in its order dated 17 October 2014 had ordered DPCC that it should immediately shut the existing stainless steel pickling units operating without DPCC’s consent and not to grant permission to any units discharging untreated effluents directly or indirectly into the river Yamuna. The NGO, All India Lokadhikar Sangathan has moved an application before NGT last week to direct DPCC to execute NGT’s order to shut down these polluting units releasing acid toxins.

In its application before NGT filed on 20 April’15 , All India Lokadhikar Sangathan has alleged that 14 out of 17 units named in the NGT order are yet to taken due consent to operate from DPCC but are operating in connivance with DPCC officials and simultaneously violating green tribunal orders. In conjunction with this, DPCC report mentions that most of these units are illegally operating borewell and extracting underground water at their premises without permission from concerned authorities. The case would come up on 29th April’15 for hearing again.

The members of the All India Lokadhikar Sangathan had visited the wazirpur area and found that most of the stainless steel pickling and hazardous industries are functioning contrary to the rules and flouting the order of NGT. All India Lokadhikar Sangathan has raised doubt about veracity of DPCC officials who are concerned for implementing the order in its application. Mr. Girish Kumar Pandey, President – All India Lokadhikar Sangathan said, “Execution of NGT order must not be manipulated and must be implemented in full strength and not for sake of a procedure as this will be in larger interest of the public who will be affected by the pollution of the river Yamuna.”

All India Lokadhikar Sangathan has been consistently fighting for the cause of clean and pollution free river Yamuna, which has been turned into a dumping ground for all kind of toxic waste from these pickling units. On the plea filed by All India Lokadhikar Sangathan in February and taking conscience on growing pollution in River Yamuna, the Hon’ble NGT bench told the DPCC to shut down 17 Units, who were not complying with the NGT orders. Despite many notices served to them, units are still releasing toxics used in pickling of Stainless Steel in River Yamuna.

Wazirpur Industrial Area houses about 2,000 industrial units. Most of them are steel pickling units. These units are not carrying out any treatment are still releasing untreated liquid industrial waste in the open drains that flow into the river Yamuna. Delhi Pollution Control Committee had also issues closure notice few months back to industrial units for discharging untreated toxic waste water in drains causing major health hazards to the health of the people living in nearby areas.

Media Contact Details
Girish Kumar Pandey All India Lokadhikar Sangathan 09415402311 / 0522-2303101

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India Power Transformer Market Outlook to 2019

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ken-research

India Power Transformer MarketIndia Power Transformer Market Outlook to 2019- Export Demand and Favorable Government Policies to Propel Market” presents a comprehensive analysis of the industry covering aspects including market size by revenue generated, power transformers production and their capacity utilization and market segmentation by cooling system (liquid/dry), by power rating, by end users, by market structure and others.  The report also entails a detailed description on the recent trends and developments, pricing analysis, threats and the competitive scenario of major players in the industry along with the share on the basis of production capacity and revenue generated of major companies in India power transformer market. A transformer is regarded as the most expensive asset in a power transmission network as it nearly cost 60% of the total substation capital cost. The average power rating of a distribution transformer is less than 1 MVA while that of a power transformer is greater than 5 MVA in India. Power transformers accounted for nearly ~% of the total revenue generated by India Power Transformer Market in 2013.  The power transformer market is pegged at INR ~ million for the year FY’2014 which has accelerated from INR ~ million in FY’2009. The power transformer market has witnessed appreciable growth at a CAGR of ~% during FY’2009-FY’2014. The total production capacity of India power transformer industry is computed to be ~ MVA at a tremendous growth rate of 12.8% in the year FY’2014. Power transformers are designed as per the purpose and requirement. Large power transformers are usually ranged above 100 MVA and can maximum go up to 1,000 MVA. These transformers witnessed contribution share of nearly ~% with production capacity of ~ MVA in FY’2014 in the overall India power transformer market. The end users of power transformers include power utilities companies, industrial sector and export market. The power utility companies withheld a mighty 70% of contribution share in total revenue generated by India power transformers market. India exports a considerable number of power transformers. The major countries where export is diverted include Malaysia, Peru, Zambia, Korea Republic, Yemen Republic and others. The countries nearly exported ~% share of actual production of power transformers of computed capacity of ~ MVA in FY’2014. India transformer industry has nearly more than 300 manufacturers yet most of the market share is withheld by a few leading multinational and indigenous players. Alstom T&D India Limited (ATDIL) is the leading producer of power transformers, thereby commanding a production share of ~% in India organized power transformer market in FY’2014. BHEL is one leading indigenous manufacturer of power transformers, thereby commanding a market share of ~% through sales of power transformers. There is an immense potential for electrical T&D equipments. India is developing the overall transformer industry not only to suffice domestic demand but also to cater for increasing exports. The transformer industry is forecasted to surge from INR ~ million in FY’2015 to massive revenue generation of INR ~ million at a CAGR of 10.4% during this period. Key Topics Covered in the Report:
  • The market size of India power transformer market in terms of revenue generated, power transformers production and capacity utilization
  • India power transformer market segmentation by cooling system (liquid type, dry type) in terms of revenue generated and production capacity
  • India power transformer market segmentation by power rating of power transformers (low, medium, high) in terms of production capacity
  • India power transformer market segmentation by end users in terms of capacity consumption
  • India power transformer market segmentation by market structure (organized and unorganized) and by type of power transformers (step down and step up) in terms of production capacity
  • External trade of transformers including comprehensive export & import scenario
  • Industry Trends and developments and SWOT analysis in India power transformer market
  • Pricing analysis of power transformers
  • Growth drivers; challenges & restraints and existing government regulations in India power transformer market
  • Competitive landscape of major companies including their market shares on the basis of revenue and power transformers production capacity
  • Future projections and analyst recommendation in India power transformer market
  • Macro economic factors of India power transformer market

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ITCombine: One Stop Solution for your Online Visibility

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itcombine

Search Engine Optimization (SEO) is a process by which any company’s website gains visibility in various search engines like Google, yahoo etc. In today’s online era, SEO helps different organizations to become more active by enhancing visibility through various keywords searched. Optimization can be done through online content editing on the basis of keywords searched by people for that particular organization. Appropriate SEO activities place any organization’s link on the top of the search engines. There are many SEO companies available in India that makes your organization work easier by managing your brand online time to time. But, before appointing any search engine optimization (SEO) service provider you need to see their portfolio. You need to scan their effectiveness of their online services. If you are in a process to appoint an SEO service provider that will increase your Google search, then click at www.itcombine.com that will take care of your website content, Web and Multimedia Solutions and Internet Marketing. They will facilitate you in your brand building by improving your visibility online and gives your website an easy access to various search engines. ITCombine is a SEO company located in Delhi provides you customized online solution. This SEO Company does in-depth analysis of your online presence and then provides you best solutions that cater your needs. To place you on the top of the various search engines, they will continuously monitor your presence by identifying the best keywords search for your company and provide online content on the basis of that keywords. To get more information, visit its official website at http://www.itcombine.com/.

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Calyx Group Revolutionizes Real Estate Industry, Achieves Sales in Excess of Rs. 300 Crores With Their ‘Shubh Labh’ Offers

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PUNE, India, April 24, 2015 /PRNewswire/ —

Calyx group, one of the leading real estate companies, has set a new trend across the property industry. Their exciting offers and spectacular constructions have bagged sales of more than Rs. 300 crores. The group brings exciting ‘Shubh Labh’ offers on various residential projects all around Pune.

Calyx group is one of the top real estate development and land acquisition companies in Pune. They have completed several projects all around the city. From affordable residential schemes to exclusively luxurious projects, the company has an edge over all types of property developments. The group owns majestic projects in and outside the ambit of Pune city in areas like, Bibewadi, Warje, Wanowarie, Hadapsar, Kothrud, Sinhgad Road, Shukrawar Peth, Pirangut and a lot of other places. Calyx group served a treat to the Punekars by offering great deals throughout Gudi-Padwa to Akshay Tritya festival months.

Various 1, 2 and 3 BHK residential apartments and commercial shops are being offered by the group across the geography ofPune city. Calyx group has received a great response from Pune residents.

More than Rs. 300 crores worth property has already been sold. Following are some of the ongoing projects with surprising offers:

Calyx Artemis Project: Located at Sinhgad Road, these 2 BHK luxurious apartments can be owned by paying an amount for only 1 BHK flats.

Calyx Navyangan Phase 1 Project: Huge phase of 700 flats at Pirangut, New Pune, offering booking of flats on just 5% down payment.

Calyx Vanalika Project: Another massive project of 1000, 1 and 2 BHK apartments at Pirangut, Pune, where flats can be owned at 5% down payment.

Calyx Signature Project: Unbelievable offer on limited 2 and 3 BHK luxury apartments and shops where an Audi A3 comes free with every flat.

Calyx Parineeta Project: Offer on limited 2 BHK luxurious homes in Kothrud where bookings can be done at 40% down payments and rest of the amount can be paid on possession.

Calyx Future City Project: 1 and 2 BHK flats can be booked by paying just Rs. 21,000 at Urawade, Pune. The vast project comprises of 700 flats with 1 BHK worth only Rs. 21 lacs (all inclusive of service tax, VAT and registration charges and stamp duty).

The premier real estate construction organization believes in quality work and timely delivery of projects. Their enormous success in the past has created tremendous reputation in the realty industry. Whether your requirement is to live amidst the core of the city or away from the buzz of the city, the group offers multitude of projects that answer all your needs.

Traditionally known as a reliable name in realty, the Calyx Group is now venturing into the exciting realms of entertainment and telecom. Over the years, the Calyx Group has earned a reputation of forging long-term business associations that make an indelible impact on the industry.

About Calyx Constructions Pvt. Ltd.

Calyx Constructions Pvt. Ltd., a part of Calyx group, is one of the top real estate development companies in Pune. The group has a wide expanse on property and construction all across the geography of the city with jaw-dropping offers on several luxurious projects. The Calyx group rests on the four pillars of Technology, Quality, Transparency and Customer Service.

Facebook page URL: https://www.facebook.com/calyxgroup

Website URL: www.calyxcorp.co.in

Media Contact:
Calyx Group,
admin@calyxcorp.co.in,
+91-88888-50014,
Calyx Constructions Pvt. Ltd.

 

SOURCE Calyx Constructions Pvt. Ltd.


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COAI Launches “Sabka Internet, Sabka Vikas” to Connect 1 Billion Unconnected Citizens

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New Delhi, Delhi, India

COAI, the association of India’s top mobile service operators, telecom equipment manufacturers, infrastructure and content service providers, represented by the CEOs of its member companies, today announced “Sabka Internet, Sabka Vikas”, an initiative to connect the 1 Billion unconnected citizens of India.

Launching the online platform www.sabkainternet.in, COAI reiteratred that the Internet should be for all and not remain the preserve of a few. The Association invited all stakeholders to have a comprehensive and informed debate on the subject of Net Neutrality to develop a framework that caters to the infrastructure and diverse socio-economic needs of the country.

The leadership team of the member companies of COAI, namely – Mr. Ashok Sharma of Aircel, Mr. Gopal Vittal of Airtel, Mr. Himanshu Kapania of Idea Cellular, Mr. Shanker Adawal of Reliance Jio, Mr. Rajiv Bawa of Telenor, Mr. Arvind Bali of Videocon, and Mr. Sunil Sood of Vodafone India, were present to reaffirm their commitment to “Sabka Internet, Sabka Vikas” programme and promote Net Equality.

Elaborating its position on the ongoing public debate over net neutrality, and concerns over operators allegedly controlling consumers’ access to the Internet, the association stated:

  • We support an open Internet and believe that consumers should decide what to do online. Our job is to enable consumers to benefit from that freedom.

  • We offer choice and do not block or provide any preferential access to any web site or app.

COAI also underlined its commitment to the Digital India programme and called for an open, inclusive and affordable access to the Internet for every Indian; emphasizing that India’s telecom revolution has empowered over 950 million citizens through affordable services and the Internet revolution must now touch every citizen of the country.

However, In terms of Internet penetration, India is ranked 142nd presently, way below some of its neighbouring countries like Bhutan and Sri Lanka. Further, Internet users are expected to reach over 500 million by 2018 – making India the second largest population of Internet users in the world. Hence, innovations would be required across the ecosystem – affordable smartphones, more efficient networks, a vibrant OTT ecosystem, even more broad ranging applications (especially in areas such as education, health, governance) and pricing flexibility – that promotes greater digital inclusion; in order to achieve the Digital India dream.

About COAI:

COAI was constituted in 1995 as a registered, non-governmental society. COAI’s vision is to establish India as the global leader of innovative mobile communications infrastructure, products and services and achieving a national tele-density of 100%, including broadband. The association is also dedicated to the advancement of modern communication and towards delivering the benefits of innovative and affordable mobile communication services to the people of India.

www.coai.in

APPROACH TO NET EQUALITY

Create an Enabling and Equal Environment

Without infrastructure and investment, there will be no Internet access. The operators have invested billions of dollars in acquisition of spectrum, license fees, spectrum fees and network roll-outs. Yet the Industry still makes negative return on the capital employed.

The industry estimates the country would need an additional capital outay of over INR 500,000 crores over the next 10 years in spectrum, new technology, equipment, towers, optical fibre backbone, etc., to meet the PM’s vision of Digital India, and connect 1 billion Indians to the exciting world of Internet. The need of the hour, therefore, is to have a sustainable industry that has the ability to invest in growth of data services and connectivity to all.

Promote Innovation to Enable Internet for All

India has over 950 million mobile subscribers – the second largest in the world. This growth was enabled by innovation across the ecosystem – in our ever expanding complex networks, outsourcing models, infrastructure sharing, innovative pricing structures – that allowed operators to offer customers some of the most innovative and affordable call rates in the world.

We need the same spirit to connect a Billion Indians to the Internet. This means innovations across the ecosystem – affordable smartphones, more efficient networks, a vibrant OTT ecosystem, even more broad ranging applications (especially in areas such as education, health, governance) and pricing flexibility – that promotes greater digital inclusion. Only then can our citizens in rural India, or from a lower economic strata, be empowered through internet access.

Ensure the Same Rules Apply to Same Services to Get Internet Access to the Common Man

We believe that our role is to enable all services to reach customers across the country. One of the key factors to enable this is that the same rules must apply to the same types of services, including Mobile and IP Voice services. This is the only way to ensure digital inclusion and bring about social and economic good to the common man.

Make Internet Access Pro-Consumer, Pro-Choice

We should ensure customers have the freedom to choose how they want to access the Internet. A customer should be free to choose the device, technology and access platform – paid or subsidized as long as the Internet is always open in terms of access in a non-discriminatory manner. We support this! The interests of a few should not dictate the fundamental right of a customer to choose what he/she wants.

Media Contact Details
Kaustuv Sircar
+919999610522
Vikas Kumar
+919811054648
Aarif Malik
+919833934002

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Mukunda Theatre Installs the First Dolby Atmos Screen in Bengaluru

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The cinema opens on April 24, 2015

 

Bengaluru, Karnataka, India

Dolby Laboratories, Inc. (NYSE:DLB) today announced the arrival of its latest audio technology, Dolby Atmos®, in Bengaluru, Karnataka, India. Mukunda Theatre will be the first cinema in the state to offer the new technology to moviegoers starting April 24, 2015. Dolby Atmos, the award-winning Dolby® sound technology, unleashes the potential of sound in storytelling by giving filmmakers the creative freedom to easily move audio around the theatre, even overhead, with amazing richness and depth.

Commenting on the launch, G. Venkatesh Reddy, Managing Director, Mukunda Theatre, said, “We take great pride in being the first ones to bring Dolby Atmos for the cinema to viewers in Bengaluru. It has always been our endeavor to use the latest technologies to provide the best cinematic entertainment experience to our audiences. Dolby Atmos is a major differentiator, providing greater definition and dimension to movies with its unique object-based approach to sound.”

Dolby Atmos has quickly become the preferred choice for next-generation sound in the cinema, with major studios, award-winning filmmakers, and exhibitors from around the world embracing its approach to object-based audio. Unlike traditional channel-based sound systems like 5.1, 7.1, and 11.1, which require filmmakers to think about the number and location of speakers, Dolby Atmos allows them to simply designate where in the cinema space each sound “object” should be placed or moved to make audiences experience the film as if they were within its world.

We are very excited to be working with Mukunda Theatre to bring Dolby Atmos to Bengaluru. Dolby Atmos continues to see great momentum in India and across the globe, as the leading next-generation sound format for theatres,” said Ashim Mathur, Director, Field Marketing, India, Dolby Laboratories.

About Dolby Atmos

Dolby Atmos delivers moving audio—sound that can be precisely placed and moved anywhere in three-dimensional space, including overhead. It brings entertainment alive all around the audience in a powerfully immersive and emotive experience.

Since its introduction in the cinema in 2012, Dolby Atmos has been embraced by all the major Hollywood studios, 14 Academy Award® winning directors, and 27 Academy Award winning sound mixers, among others.

To learn more about Dolby Atmos, visit dolby.com/Atmos.

About Dolby Laboratories

Dolby Laboratories (NYSE: DLB) creates audio, video, and voice technologies that transform entertainment and communications in mobile devices, at the cinema, at home, and at work. For nearly 50 years, sight and sound experiences have become more vibrant, clear, and powerful in Dolby. For more information, please visit www.dolby.com.

Dolby and the double-D symbol are registered trademarks of Dolby Laboratories. Dolby Atmos is a trademark of Dolby Laboratories. "Academy Award®" is a trademark and service mark of the Academy of Motion Picture Arts and Sciences. S15/28839 DLB-G

Media Contact Details
Aashima Malik
Genesis Burson-Marsteller
+91 9899215064
Shivani Airi
Genesis Burson-Marsteller
+91 7838351379

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BOI Signs MoU with the New India Assurance Company Ltd. to Offer “PMSBY” and with Star Union Dai-ichi Life Insurance Company to Offer “PMJJBY”

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Mumbai, Maharashtra, India
  • PMSBY & PMJJBY to be available to 7 cr plus BOI customers

  • Simple & easy: No proposal form required from account holder

  • Risk coverage of Rs. 2 lakh in case of death for any reason under PMJJBY and Rs. 2 lakh for accidental death and full disability under PMSBY

Bank of India signed a Memorandum of Understanding (MoU) with the New India Assurance Co. Ltd & Star Union Dai-ichi Life Insurance Company for roll out of social security Insurance (Non-life & life &) schemes; viz., “Pradhan Mantri Suraksha Bima Yojna (PMSBY)” & “Pradhan Mantri Jeevan Jyoti Bima Yojna (PMJJBY)” respectively to its customers. The dignitaries present at the MOU signing ceremony were: Mrs. V R Iyer (Chairperson & Managing Director, Bank of India), Mr. G. Srinivasan (Chairman & Managing Director, The New India Assurance Co. Ltd.), Mr. Girish Kulkarni (Managing Director & CEO, Star Union Dai-ichi Life Insurance Company), Mr. Arun Shrivastava (Executive Director, Bank of India) and Mr. K. Sanath Kumar (Wholetime Director & General Manager, The New India Assurance Co. Ltd.).

Mrs. V R Iyer, Chairperson & MD, Bank of India, said, “Bank of India has always been at the forefront of low-cost social sector banking & insurance schemes that will increase penetration across all sections of society across geographies. The MOUs with New India Assurance & Star Union Dai-ichi Life Insurance is an extension of the Finance Minister’s Union Budget Announcement to be implemented through Banks and as per the Phase II draft guidelines under Pradhan Mantri Jan Dhan Yojna (PMJDY). These unique insurance products will appeal to customers mainly in marginal category.” She added, “Bank of India has a customer base of 70.13 million (7.013 crore) who can benefit by these Union Government social security initiatives as per their eligibility in this regard. Cumulatively till now, Bank has opened more than 18.2 million accounts under various FI initiatives and out of it 7.02 million (70.2 lakh) accounts have been opened since launch of PMJDY. The Bank would drive to enroll maximum number of eligible Savings Bank accounts holders after launch of the above schemes though involvement of all its field functionaries including Business correspondents. Our Bank is committed to work towards bringing in maximum number of account holders under the cost-effective schemes.

As per PMSBY scheme guidelines, BOI customers in the age bracket of 18-70 years will be eligible for risk coverage of Rs. 2 lakh for accidental death and full disability and Rs. 1 lakh for partial disability. The premium is just Rs. 12 per annum plus service tax. A person has to opt for the scheme every year. S/he can also prefer to give a long-term option of continuing in which the account will be auto-debited every year by the Bank.

As per PMJJBY scheme guidelines, BOI customers in the age bracket of 18-50 years will be eligible for coverage of Rs. 2 lakh for life insurance. The premium is just Rs. 330 per annum (plus service taxes as applicable), which will be directly auto-debited by the bank from subscribers account. Initial enrollment under the scheme will be for one year period which would be renewed every year as per customer auto debit mandate in this regard.

In case of joint account holders, each person can take Rs. 2 lakh cover by paying the premium each. The New India Assurance Co. Ltd. and Star Union Dai-ichi Life Insurance Company will issue a Group Policy to the Bank and the Policy would start on 1st June 2015 for one year. Enrollment is likely to start from 1st May 2015. No proposal form required from account holder. Account holder has to give auto-debit request form to the Bank and will get acknowledgement cum certificate by the Bank immediately. The claim request will be forwarded through the respective bank branch for settlement of claim by the insurance companies. The bank account will get credited. If no nominee is given, the proceeds will go to nominee of bank account.

About Bank of India:

Bank of India was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks. Beginning with one office in Mumbai, with a paid-up capital of Rs.50 lakh and 50 employees, the Bank has made a rapid growth over the years and blossomed into a mighty institution with a strong national presence and sizable international operations. In business volume, the Bank occupies a premier position among the nationalised banks. The Bank has 4,828 branches in India spread over all states/ union territories including specialized branches. These branches are controlled through 50 Zonal Offices. There are 56 branches/ offices and 5 subsidiaries and 1 joint venture abroad. The Bank came out with its maiden public issue in 1997 and follow on Qualified Institutions Placement in February 2008. Presently, Bank has overseas presence in 22 foreign countries spread over 5 continents – with 57 offices including 5 Subsidiaries, 5 Representative Offices and 1 Joint Venture, at key banking and financial centres; viz., Tokyo, Singapore, Hong Kong, London, Jersey, Paris and New York.

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Intel and the Department of Science and Technology Launch the ‘Innovate for Digital India’ Challenge

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Challenge Aims to Foster Technology Innovation to Build Products that Help Scale Technology Adoption in India

 

New Delhi, Delhi, India

-IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship* (CIIE) will be the execution partner for the challenge.

-Intel and CIIE will work closely with MyGov* for program facilitation and popularization through application management and social media support.

-The challenge, running from April 2015 to January 20161, is open to academia, aspiring entrepreneurs and startups.

-Total grants worth Rs.1.5 crs; top three will get access to seed fund of Rs.20 lakhs each.2

 

Intel in India reinforced its commitment to the Government of India’s Digital India vision with the announcement of the Intel and DST “Innovate for Digital India Challenge”, which will focus on the creation of products to increase technology adoption in India that will eventually result in the creation of a local technology ecosystem. It will be open to aspiring and existing entrepreneurs, innovators, academia, designers, engineers and makers from diverse backgrounds. Participants will be provided mentoring by industry stalwarts and Intel experts, assistance in terms of technical know-how, access to product kits and infrastructure, and commercialization opportunities. They will also be offered market linkages and access to funds at various stages to help make their ideas a reality.

 

The challenge was designed in collaboration with the Department of Science and Technology* (DST), with support from the Department for Electronics and Information Technology*, MyGov.in* and will be managed by IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship*(CIIE).  Shri R S Sharma, Secretary, Department of Electronics and Information Technology (DeitY), Ministry of Communications and Information Technology, Government of India, led the launch event together with Shri H K Mittal, Member Secretary, National Science and Technology Entrepreneurship Development Board (NSTEDB); Shri Gaurav Dwivedi, CEO, MyGov.in; Professor Rakesh Basant, chairperson, CIIE; Vikas Jain, co-founder, Micromax Informatics; and Ms. Debjani Ghosh, vice president, Sales and Marketing Group and managing director, Intel South Asia.

 

Speaking at the event, Shri Ram Sewak Sharma, Secretary, Department of Electronics and Information Technology (DeitY), Ministry of Communications and Information Technology, Government of India, said “We are delighted to see industry leaders like Intel contributing to nation building and joining forces with the government in its journey to transforming India into a knowledge economy. With this challenge, we expect to see breakthrough ideas and ingenious innovations that will solve some of India’s key challenges.”

 

The challenge aims to encourage the creation of intuitive, easy-to-use solutions that can increase access to critical services imperative for development. Eventually the best ideas will get help for commercialization leading to the creation of a local technology ecosystem furthering the government’s Make in India vision. The challenge will encourage the application of the principles of frugal innovation and a strong understanding of Indian lifestyles. It will focus on innovation in two broad areas. The first is innovation to create the ideal citizen’s device platform, including biometric sensing capabilities, peripherals using other sensors, intuitive user interface, gesture recognition, multilingual support and voice support. The second area is innovation to deliver eKranti*/MyGov applications to accelerate delivery of e-governance services on a mobile platform.

 

Shri H K Mittal, Member Secretary, National Science and Technology Entrepreneurship Development Board (NSTEDB), said,“Innovation always leads the way to finding the most creative solutions to societal challenges. Generating innovation is not the job of the government alone. Therefore it gives me great optimism to have Intel come forward - through Public Private Partnerships - to accelerate innovation and entrepreneurship in India.”

 

“Innovation is part of Intel’s DNA,” said Ms. Ghosh. “This challenge will combine Intel’s history of game-changing innovation and world-class technology with the government’s bold Digital India vision and the immense entrepreneurship talent in the country to create a sustainable tech ecosystem that is innovating for India. We are excited to collaborate with DST to launch the Innovate for Digital India Challenge to champion new solutions to make technology more effective in India as a channel to drive real ground-up development. Through this challenge, we aim to bring to market tangible products and solutions that will help make Digital India a reality.”

 

Intel recently celebrated 50 years of Moore’s Law. It remains Intel’s driving force that will enable an emerging generation of inventors, entrepreneurs and leaders to reimagine the future. Moore’s Law doesn’t just drive technological change; it also creates huge economic value and drives social advancement. Launching this challenge in the same week as the 50-year celebration of Moore’s Law reemphasizes Intel’s commitment to innovation.

 

Intel has been fostering innovation for more than two decades in India from school level to higher education, including Ph.D. Fellowships. More than 180 Indian school students have participated in the Intel® International Science and Engineering Fair to date, with 18 Indian winners, who have minor planets named after them. The Intel® Higher Education Program bridges the gap between academia and industry standards to promote innovation and entrepreneurship and has reached more than 235,000 students and 4,500 faculty members across 550 institutions to date. Last year, Intel India announced the Intel® Ph.D. Sponsorship Program to boost quality research and enhance Ph.D. programs across the country.

 

The Intel Innovate for Digital India Challenge in association with the Department of Science and Technology is a bold attempt from Intel to foster grassroots level innovation that will help bring technology to every household in India.

 

“The MyGov platform is designed to link government and citizens,” said Mr. Gaurav Dwivedi, CEO, MyGov. “We are proud to support this challenge by connecting the government with entrepreneurs and innovators to come forward with solutions made in India, for India.”

 

Speaking about the role of CIIE-IIMA, Professor Rakesh Basant said, “Incubation centers play a critical role in helping entrepreneurs scale up and are an essential part of the Indian ecosystem to build a digitally empowered country. We are excited to collaborate with the government and Intel to create a platform for young innovators across the nation to showcase their ideas and support them in their journey from ideas to products.”

 

About Intel

Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. As a leader in corporate responsibility and sustainability, Intel also manufactures the world’s first commercially available “conflict-free” microprocessors.

 

Additional information about Intel is available at newsroom.intel.com and blogs.intel.com, and about Intel’s conflict-free efforts atconflictfree.intel.com.

Media Contact Details
Eashwari Deshpande
91-11-41226140

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