EDEN PRAIRIE, Minnesota, April 29, 2015 /PRNewswire/ --

Tavisca Solutions a leading travel technology products and solutions provider to exhibit at theArabian Travel Market (ATM), which takes place at the Dubai International Exhibition Centre  on 4-7^th May 2015.

(Logo: http://photos.prnewswire.com/prnh/20140527/689192)

"UAE is a growing market with lots of latent possibilities in the travel business. The tourism projects that are currently underway in the country are worth $11 billion which portrays the majestic strength of the industry. We are extremely excited to showcase our products in such a potentially blooming market, along with more than three thousand exhibitors," said Mahendra Yadav, CEO, Tavisca Solutions. "The last (21^st) edition of ATM has attracted over 23,000 visitors from around the world. It is going to be an absolute thrilling experience to do face to face business with so many promising global prospects," he added.

This is the second time this year tavisca is exhibiting in a reputed conference. Being a Travel Technology company, taviscaaims towards solving the pain areas of the travel industry through evolved and enhanced technology. Till date, tavisca have empowered millions of bookings for their clients. The product suite is created using multiple building blocks and can be chosen and customized as per needs. Some of tavisca's noted offerings are:

• travelnxt - A PCI PA-DSS online booking engine, pre-integrated with over 40 travel inventory suppliers, empowering B2B, B2C and B2B2C businesses globally.
• innventia- A comprehensive travel inventory  management system that enables travel businesses to manage their inventory, operations and selectively distribute their niche content to a wider audience.
• clarifi - The world's first real-time hotel mapping and descriptive content delivery system. A patent-pending technology solution aimed to resolve the inconsistent distribution of hotel content across major hotel content providers.
• bizconnect - A mid and back office travel agency management software, which equips travel businesses with tools to manage day-to-day agency functions, starting from operations to revenue acquisition management.
• templar - A white-label website development software that provides a management interface for creating websites and pages using widgets with a simple and thoughtfully designed UI.
• synchron- A mid-office  business process automation and data synchronization for the travel industry.
• sceptr - A unified XML API Interface for all leading travel content providers to reduce cost and time to market  for travel booking engines.
• vexiere- A centralized application for user profile and authentication management for enterprises with SSO, configuration and policy management, access control, role management and profile features.

With these offerings, tavisca has successfully solved and empowered many travel businesses globally.

ATM's spotlight theme this year is Family Travel with a focus on Travel Technology, Business Travel, Luxury and Wellness. "Exhibiting in ATM with our very own stand will boost our business network. We are also enthusiastically looking forward to meeting the co-exhibitors," said Prashant Abhyankar, Business Development Head, Tavisca Solutions.

tavisca's Stand Details:

Tavisca Solutions will be exhibiting in Hall No. 1, Stand: TT 7766, Dubai International Exhibition Centre.

Click here to schedule a meeting with tavisca at ATM, Dubai.

About Arabian Travel Market:

Arabian Travel Market is part of Reed Travel Exhibition's WTM Portfolio of events, which also includes World Travel Market, World Travel Market Latin America and World Travel Market Africa.

Arabian Travel Market 2014 boasted more than 2,700 exhibitors and stand-sharers from 85 countries and attracted over 23,000 visitors from around the world.

About Tavisca Solutions

Tavisca Solutions, a travel technology products and solution provider that works with (B2B, B2C and B2b2C) travel companies across the globe and helps them enhance their online business. With the vision to build future-focused technology building blocks that solve key challenges in online travel business, tavisca® offers a versatile suite of cloud-based SaaS products, deciphering every aspect of customer and agent-facing booking engines, travel mid & back-office operation management systems.

Established in 2008, tavisca® has emerged into a team of travel technology specialists with over 300 dedicated personnel and three state-of-the-art development centers in India and United States of America. Today, tavisca® continues to soar all its position amongst the top 100 'GPTW' list of best places to work in India, for three consecutive years.

tavisca's core offering 'travelnxt' is a PCI PA-DSS compliant online travel booking management software that works across Air, Hotel, Car Deals, Activities, Transfers and Insurance with a Strong Booking Engine, Static Package Builder and Inventory Management System. Annually, tavisca's travel technology empowers more than a million online travel bookings globally.

Contact:
For Products and Demo Queries Contact - sales@tavisca.com
Press and Media Contact: Koeli Chatterjee -beacon@tavisca.com

SOURCE Tavisca Solutions

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Ahmedabad, Gujarat, India, 29thApril, 2015:

SMIT Digital Marketing Pvt. Ltd., one of the leading end-to-end digital marketing agency in India, has featured in Silicon India Magazine, one of the leading business and technology news magazine based from Bengaluru, as one of the promising internet marketing company in Ahmedabad.

This article appeared in the April issue under the category of “Top 20 Most Promising Digital Media Marketing Companies”. It mentions how SMIT Digital Marketing is becoming a trendsetter by implementing the latest new media marketing trends and offers offbeat ethical SEO services in India to the enterprises seeking to leverage the real value of digital marketing for their business growth.

The company has been serving its global clients for more than 3 years now relying on the expertise and dedication of its team of marketing professionals. The article states SMIT has helped enrich the power of digital media to accomplish the business objectives of their clients.

The article also states that the company has never been volume hungry and would rather go in systematically planned fashion to help grow along their clients. Offering one of the most relevant digital marketing solutions, SMIT aims to become a full-core digital marketing associate rather than merely a marketing agency.

The most effective and innovative marketing strategies that the clients of SMIT can  rely on includes Acquisition Program, Brand Management, Channel Program, Viral Program, Retention Program, Online Reputation Management and Event Marketing. In addition, the company is known for its exclusive expertise in SEO, Paid Social Media Services, Pay Per Click (PPC), Emails/Newsletters verticals, which are the core to its successful marketing strategy.

Amish Shah, the Director of SMIT Digital Marketing, says, “We offer performance based business model to our clients and work on milestone based payment system that help our clients afford our services rather than incurring large retainer fees. It not only helps them understand and see the quantifiable metrics of their budgets, but also helps us formulate exceptionally great ROI based campaigns that are instrumental in sustaining of more than 95% client retention ratio for SMIT.”

The company has split its business model into four major focus areas namely, Agency, Training, Reselling and Outsourcing to address  needs from most promising domains like IT, Lifestyle, Pharma, Medical Centers, Hotels/ Tourisms etc. at Pan India level. Having 135+ clients, the company plans to take forward its complete suite of digital marketing services to main street enterprises with “web showroom” concept.

To know more about the article and the company’s offering visit: http://www.siliconindia.com/magazine-articles-in/SMIT_Digital_Marketing_Tapping_the_Power_of_Digital_Media_by_E...-GDJJ290199142.html or visit company website at http://www.smitdigitalmarketing.com . Find us on LinkedIn®, Facebook® & Twitter® at mark4smit.

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Bengaluru, Karnataka, India

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Reports Cite TCS’ Scale, Strong Delivery Capabilities and Customer Satisfaction as Key Assets

Mumbai, Maharashtra, India

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New funds will enhance product engineering and increase sales and marketing footprint globally

Business Wire IndiaIcertis, the leader in enterprise contract lifecycle management software in the Microsoft Cloud, announced today the close of a $6.0MM Series A round led by Greycroft Partners and Fidelity Growth Partners India. The new funding will enable the company to rapidly scale sales and marketing and further build out its award winning contract lifecycle management product. A born in the Microsoft cloud software startup, Icertis raised a seed round in 2012, and has seen multifold year-over-year customer and revenue growth for the last two years.

The Icertis Contract Management (ICM) product brings comprehensive capabilities to manage sell-side, buy-side, and corporate contracts on one platform. ICM is delivered on the cloud and is extraordinarily easy to use, highly configurable, quick to deploy, and can be readily integrated with other systems through open interfaces. ICM can revitalize an enterprise’s contracting operations to not only improve governance and visibility, but also significantly boost the ability to realize hidden commercial value in contracts.

“Today’s hypercompetitive global business requires the contracting process to be easy and agile on one hand, and compliant and controlled on the other” says Samir Bodas, Co-Founder and CEO of Icertis. “ICM ensures CxOs are able to manage contracting risk and have full end to end visibility of all contracts, while at the same time enable employees to contract with customers, partners and vendors in a self-service mode, within guard rails, and engage the right specialist resources, like legal and finance, only to manage exceptions and critical issues”

Icertis Contract Management can increase contracting throughput by more than 50% in both order-to-cash and procure-to-pay business processes. Its rich analytics and reporting features help managers stay on top of contractual risk, quantify contractual performance, and increase negotiation intelligence.

Kabir Narang, Managing Director at Fidelity Growth Partners India said “Icertis is one of the leading cloud enterprise software startups that effectively leverages its capabilities across the US-India corridor. The company has grown rapidly in a short span of time with an impressive list of global clients like Microsoft, Roche, Hyundai HATA, and Genpact. We were impressed by the quality of their product, modern user interface, and stellar management team. Contract lifecycle management is a multi-billion dollar opportunity globally, and Icertis is well positioned to emerge as the leader in this space.”

“With Microsoft Azure, Icertis has built a cost-effective, enterprise-class service that can be delivered from anywhere in the world,” said Takeshi Numoto, CVP for Cloud + Enterprise Marketing at Microsoft. “We’re excited to have Icertis as a Microsoft Cloud ISV partner and pleased to be using Icertis within Microsoft.”
Gartner recently named Icertis as a Cool Vendor in “Cool Vendors in Procurement and Sourcing Technology, 2015”, Deborah R Wilson, Magnus Bergfors, published 13 April 2015. According to Gartner, “Ease of use and intuitive navigation are no longer "unattainable" in more complex enterprise applications, such as contract life cycle management.” 
 
About Icertis

Icertis is the leading provider of enterprise contract management software in the Microsoft Cloud. The company’s flagship product, Icertis Contract Management (ICM), can manage sell-side, buy-side, and corporate enterprise contracts across the globe by leveraging the power of the cloud. ICM has an inspired easy-to-use user interface, is quick to deploy, and integrates with all leading ERP and CRM solutions in the market. The award winning and analyst acknowledged product accelerates contracting velocity and ensures effective management of risk and compliance across the order-to-cash and procure-to-pay processes.

About Greycroft Partners

Greycroft Partners is a leading venture capital firm focused on investments in the Internet and mobile markets. With offices in the two media capitals of the world – New York and Los Angeles – Greycroft is uniquely positioned to serve entrepreneurs who have chosen us as their partners.  Greycroft leverages an extensive network of media and technology industry connections to help entrepreneurs gain visibility, build strategic relationships, successfully bring their products to market, and build successful businesses. Greycroft manages $600 million and has made over 100 investments since inception, including leading companies such as App Annie, BaubleBar, Braintree, Buddy Media, Collective, Extreme Reach, Huffington Post, JW Player, Klout, Maker Studios, Plain Vanilla, Pulse, TheRealReal, Trunk Club and WideOrbit.  For more information please visit the Greycroft Partners website at www.greycroft.com.

About Fidelity Growth Partners India

Fidelity Growth Partners India is the India-focused private equity arm of Fidelity Worldwide Investment, focused on cross-sector growth capital investing. FGPI seeks to invest up to $50M in high-quality, high-growth companies across a range of sectors including early stage companies in technology, consumer and healthcare. FGPI is committed to making the companies it invests in leaders in their industries through access to patient capital with a long term investment mindset, a powerful network of resources and a team of investment professionals with a proven track record of success. Fidelity, Fidelity Worldwide Investment and Fidelity Growth Partners India are trademarks of FIL Limited.

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. 

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Business Wire IndiaMeritTrac, India’s largest skill assessments company is expanding its range of psychometric assessments with four assessments capable of analyzing thinking styles, specific to workplace, employee’s willingness to learn, managerial skills and longevity of employees within the company. The four new products namely, Workplace Thinking Skills, Willingness To Learn, Management Success Profile (MSP), and Retention Profile have been introduced under MeritTrac’s growing psychometric test portfolio as part of its strategy to revolutionize the hiring process. These tests will enable employers to select the candidates best fit for the job profile, which will in turn result in higher productivity for the organizations.
                                                                                              
Cognitive testing, which has been the primary evaluation tool in hiring freshers and candidates with low work experience alone, do not prove sufficient for today’s recruitment needs as it does not cover aspects on the candidate’s thinking styles, creativity, agility, collaboration (team work), management skills or risk behavior. These personality factors are increasingly becoming desired or mandatory in today’s working philosophy that involves interactions with multiple stakeholders. Personality or behavioural assessments provide relevant information about the candidate which helps in effective decision making. Research proves that ‘right hires’ lead to improved performance of the organizations and employee satisfaction. Thus it becomes vital for the company to look at the overall personality of the candidates, and not just their academic and professional credentials alone.
 
To address this, MeritTrac has introduced a suite of assessments that will allow corporates, bridge the need-gap in the industry by assessing various dimensions of an employee’s personality which were earlier not mapped pre-hiring.
 
1.The Workplace Thinking Styles test is designed to assess the individuals on their thinking styles. The test measures competencies such as critical thinking, creative thinking, collaboration and customer centricity. It is common knowledge that different roles demand specific thinking styles. The ability to deduce conclusions by integrating and abridging information, think divergently, work towards a collective objective and align efforts to manage the demands of high value customers are becoming core to organizations. The Workplace Thinking Skills will allow organizations align candidates’ abilities and thinking styles before allocating job roles or assigning projects to them.
 

 
These assessments will facilitate a well-informed hiring decision and thus ensure appropriate allocation of work. Unveiling these set of products, Vasu Saksena, Chief Executive Officer, MeritTrac Services said, “Organizations are looking to hire the best resources who are not only talented and skilled, but also right for the specific job roles. Given that the resource pool for genuinely exceptional managers, with the requisite skills set is shrinking rapidly, HR professionals are always under tremendous strain and pressure to attract, hire and retain the very best for their organizations. These scientifically developed products can be used to overcome the challenges and equip employers with the right talent while optimizing the total cost of ownership”.
 
For further details log on to the website www.merittrac.com
 
About MeritTrac

MeritTrac is India’s Largest Testing & Assessment services company in the private sector. MeritTrac provides innovative assessment services to leading educational institutions, government organizations and corporate entities. MeritTrac, a Group company of Manipal Global Education Services (MaGE) and with over thirteen years of experience, has been developing and administering tests for over 400 customers in more than 350 cities through 2000 certified test centres. As a pioneer in the testing space, MeritTrac has been leveraging its ISO certified test processes in transforming the way examinations are managed and delivered in India. MeritTrac’s services offer great reliability, quality and security for consistently delivering large examinations.

Leading Corporates, Universities, Examination Boards and Governments have trusted MeritTrac to streamline its examinations – leveraging MeritTrac’s rich experience and robust technology framework. With a wide range of best of breed offerings, MeritTrac has successfully helped Institutions automate its examination processes from application forms processing to examination delivery including candidate authentication to digital evaluation of answer scripts.
 

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Business Wire India
Highlights

• 17% growth in the standalone profit after tax excluding the impact of Deferred Tax Liability on Special Reserve to `  6,355 crore for the year ended March 31, 2015
• 15% growth in the standalone profit after tax excluding the impact of Deferred Tax Liability on Special Reserve to ` 1,982 crore for the quarter ended March 31, 2015 
• 15% growth in the consolidated profit after tax to ` 8,732 crore for the year ended March 31, 2015 after adjustment for redemption premium on Zero Coupon Debentures and impact of Deferred Tax Liability on Special Reserve 
• 23% growth in the individual loan book (after adding back loans sold in the preceding 12 months)  
• Gross non-performing loans reduced to 0.67% of the loan portfolio as at March 31, 2015 compared to 0.69% in the previous year 
• Final dividend of ` 13  per equity share of ` 2 per share recommended (Total dividend including interim dividend: ` 15 per share) 

 
The Board of Directors of Housing Development Finance Corporation Limited (HDFC) approved the standalone and consolidated audited financial results of the Corporation for the year ended March 31, 2015 at its meeting held on Wednesday, April 29, 2015 in Mumbai.
 

STANDALONE FINANCIAL RESULTS

Financials for the year ended March 31, 2015

For the year ended March 31, 2015, profit before tax stood at ` 8,624 crore as compared to ` 7,440 crore in the previous year, representing a growth of 16%.
 
After providing ` 2,269 crore for tax, the profit after tax excluding the impact of Deferred Tax Liability (DTL) on Special Reserve stood at ` 6,355 crore as compared to ` 5,440 crore in the previous year, representing a growth of 17%.
 
The Corporation creates Special Reserve through appropriation of profits in order to avail tax deduction under Section 36 (1)(viii) of the Income Tax Act, 1961. The National Housing Bank (NHB) has advised Housing Finance Companies to create a Deferred Tax Liability (DTL) on the amount transferred to Special Reserve as a matter of prudence.
 
After providing ` 365 crore for DTL on Special Reserve, the profit after tax for the year ended March 31, 2015 stood at ` 5,990 crore, representing a growth of 10%. 
 
 
Financials for the quarter ended March 31, 2015
 
For the quarter ended March 31, 2015, the profit after tax excluding the impact of DTL on Special Reserve stood at ` 1,982 crore as compared to ` 1,723 crore in the previous year, representing a growth of 15%.
 
After providing for DTL on Special Reserve, the profit after tax for the quarter ended March 31, 2015 stood at ` 1,862 crore.
 
DIVIDEND

In March 2015, the Board of Directors declared and paid an interim dividend of ` 2 per equity share of ` 2 per share.
 
The Board of Directors recommends payment of final dividend for the year ended March 31, 2015 of ` 13 per equity share of ` 2 per share.
 
The total dividend for the year is ` 15 per equity share as against ` 14 per equity share for the previous year.
           
 

TOTAL ASSETS

 
As at March 31, 2015, the total assets of HDFC stood at ` 2,53,952 crore as against ` 2,25,432 crore as at March 31, 2014 – an increase of 13%.

LENDING OPERATIONS
 
Individual loan disbursements grew by 16% during the year. The average size of individual loans stood at ` 23.3 lac as against ` 22.1 lac in the previous year. 
 
Loans sold during the preceding twelve months amounted to ` 8,249 crore, of which ` 5,000 crore was sold in the quarter ended March 31, 2015. The growth in the individual loan book, after adding back loans sold is 23% (17% net of loans sold). The non-individual loan book grew at 14%. The growth in the total loan book, inclusive of loans sold is 20% (16% net of loans sold). As at March 31, 2015, the loan book stood at ` 2,28,181 crore as against ` 1,97,100 crore in the previous year.
 
Of the total loan book, individual loans comprise 71%. Further, 78% of the incremental growth in the loan book during the year came from individual loans.
 
As at March 31, 2015, the total loans outstanding in respect of loans sold/assigned stood at ` 25,152 crore. HDFC continues to service these loans and is entitled to the residual interest on the loans sold. The residual interest on the individual loans sold/assigned is 1.25% p.a. and is being accounted over the life of the loans and not on an upfront basis.
 
Non-Performing Loans

Gross non-performing loans as at March 31, 2015 amounted to ` 1,542 crore. This is equivalent to 0.67% of the loan portfolio (as against 0.69% as at March 31, 2014). The non-performing loans of the individual portfolio stood at 0.51% while that of the non-individual portfolio stood at 1.01%.
 
As per NHB norms, the Corporation is required to carry a total provision of ` 1,703 crore.
 
The actual balance in the provision for contingencies account as at March 31, 2015 stood at ` 2,034 crore of which ` 481 crore is on account of non-performing loans and the balance ` 1,553 crore is in respect of general provisioning and other provisions. This balance in the provision for contingencies is equivalent to 0.89% of the loan portfolio. The Corporation carries an additional provision of ` 331 crore over the regulatory requirements.
 
 
Spread and Net Interest Margin
 
The spread on loans over the cost of borrowings for the year ended March 31, 2015 stood at 2.32% compared to 2.29% in the previous year.
 
Net Interest Margin for the year ended March 31, 2015 was 4%.
 
INVESTMENTS
 
As at March 31, 2015, the unrealised gains on HDFC’s listed investments amounted to ` 55,185 crore (previous year ` 38,213 crore). This excludes the appreciation in the value of the unlisted investments.
 
 
CAPITAL ADEQUACY RATIO
 
The Corporation’s capital adequacy ratio (CAR) after reducing the investment in HDFC Bank from Tier I capital stood at 16%. Of this, Tier I capital was 12.3% and Tier II capital was 3.7%. DTL on Special Reserve has been considered as a deduction in the computation of Tier I and Tier II capital.
 
The CAR without reducing the investment in HDFC Bank from Tier I capital, while treating it as a 100% risk weight stood at 18.9%, of which Tier 1 capital was 15.3% and Tier II capital was 3.6%. As per the regulatory norms, the minimum requirement for the capital adequacy ratio and Tier I capital is 12% and 6% respectively. 
 
 
COST INCOME RATIO
 
For the year ended March 31, 2015, the cost to income ratio stood at 7.6% compared to 7.9% in the previous year.
 
 
CONSOLIDATED FINANCIAL RESULTS
 
For the year ended March 31, 2015, the consolidated profit after tax stood at ` 8,763 crore as compared to ` 7,948 crore in the corresponding period in the previous year. The deferred tax liability on Special Reserve for the year ended March 31, 2015 amounting to ` 384 crore has been charged to the Statement of Profit and Loss in determining the aforesaid consolidated profits.
 
The consolidated profit after tax for the year ended March 31, 2015 does not consider the charge in respect of the redemption premium on Zero Coupon Debentures amounting to ` 415 crore (net of tax) {` 357 crore for the year ended March 31, 2014}.
 
The adjusted profit after tax after considering the charge in respect of the redemption of premium on Zero Coupon Debentures but prior to considering the impact of DTL on the Special Reserve would have been ` 8,732 crore compared to ` 7,591 crore, representing a growth of 15%.
 
The share of profit from subsidiary and associate companies in the consolidated profit after tax was 32% for the year ended March 31, 2015.
 
The consolidated Return on Equity stood at 21.2%.
 

REVIEW OF KEY SUBSIDIARY COMPANIES
 

HDFC Standard Life Insurance Company Limited (HDFC Life)

 
Gross premium income for the year ended March 31, 2015 stood at ` 14,830 crore as compared to ` 12,063 crore in the previous year.
 
HDFC Life has reported a profit after tax of ` 786 crore for the year ended March 31, 2015 as against ` 725 crore in the previous year.
 
As at March 31, 2015, the Market Consistent Embedded Value stood at ` 8,805 crore as compared to ` 6,992 crore in the previous year. The new business margin on individual business stood at 22.5% (based on loaded acquisition expenses).
 
 

HDFC Asset Management Company Limited (HDFC AMC)

 
As at March 31, 2015, HDFC AMC managed 55 debt, equity, gold exchange traded and fund of fund schemes of HDFC Mutual Fund. The average assets under management during the month of March 2015 stood at ` 1,67,161 crore (which is inclusive of average assets under discretionary portfolio management and advisory services).
 
For the year ended March 31, 2015, HDFC AMC reported a profit after tax of ` 416 crore as against ` 358 crore in the previous year.
 
HDFC Mutual Fund ranked first in the industry on the basis of Quarterly Average Assets under Management for the year ended March 31, 2015.
 
HDFC ERGO General Insurance Company Limited (HDFC ERGO)
 
The gross written premium (excluding Motor Pool and Declined Risk Pool) of the company increased by 9% to ` 3,256 crore as against ` 2,978 crore in the previous year. The profit after tax for the year stood at ` 104 crore. Lower profits during the year was mainly on account of the impact of natural catastrophes such as the Jammu & Kashmir floods, Cyclone Hudhud and Cyclone Phailin and due to a change in the depreciation policy, aligning it with the Companies Act, 2013.
 
 
DISTRIBUTION NETWORK
 
HDFC’s distribution network spans 378 outlets which include 103 offices of HDFC’s distribution company, HDFC Sales Private Limited (HSPL). HDFC also covers additional locations through its outreach programmes. Distribution channels form an integral part of the distribution network with home loans being distributed through HSPL, HDFC Bank Limited and third party direct selling associates.
 
To cater to non-resident Indians, HDFC has an office in London, Dubai and Singapore and service associates in Kuwait, Oman, Qatar, Abu Dhabi and Saudi Arabia.

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Business Wire IndiaInfineon Technologies AG (FSE: IFX / OTCQX: IFNNY) today announced that Toyota Motor Corporation’s Hirose Plant has awarded Infineon its “Excellent Quality Award” for delivering outstanding CAN transceiver product quality during 2014. Natsuki Tokubuchi, Head of Automotive business of Infineon Technologies Japan, yesterday received the award during a ceremonial act. At its Hirose Plant Toyota develops and manufactures state-of-the-art electronic components for its vehicle fleet.
 
“It is a great honor for Infineon to receive the ‘Excellent Quality Award’ from Toyota Motor Corporation’s Hirose Plant. Infineon is committed to zero defect and will continue to strive for the quality standards entrusted to us,” says Natsuki Tokubuchi, Head of the Automotive business at Infineon Technologies Japan. 
 
On average, every car produced today uses about 15 CAN transceivers. The Control Area Network (CAN) is a common communication protocol for the interconnection of electronic control units (ECUs) within vehicles. CAN transceivers, such as those of Infineon, transmit and receive data. They are key contributors for the data exchange within a car and connect the respective ECUs in automotive powertrain, body and safety applications.
 
This is the seventh time that Infineon has received a Toyota Zero-Defect quality award recognizing the outstanding quality of its CAN transceivers that the company has been supplying to Toyota for more than a decade. Out of a total of seven times, this is the fifth time that Infineon has received the “Excellent Quality Award”, awarded to suppliers who have delivered zero-defect quality during one year. In addition, Infineon received the 2009 “Best Quality Award” awarded to suppliers who have achieved zero defects for three years running and the 2010 “Honor Quality Award” awarded to suppliers who have achieved zero defects for four years running or longer.
 
Information on Infineon’s automotive semiconductor product portfolio is available at www.infineon.com/automotive and on the company’s CAN transceivers at www.infineon.com/transceivers
 
About Infineon

Infineon Technologies AG is a world leader in semiconductors. Infineon offers products and system solutions addressing three central challenges to modern society: energy efficiency, mobility, and security. In the 2014 fiscal year (ending September 30), the company reported sales of Euro 4.3 billion with about 29,800 employees worldwide. In January 2015, Infineon acquired US-based International Rectifier Corporation, a leading provider of power management technology, with revenues of USD 1.1 billion (fiscal year 2014 ending June 29) and approximately 4,200 employees.
 
Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY).
 
Further information is available at www.infineon.com
This press release is available online at www.infineon.com/press   

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Business Wire IndiaDream a Dream, an NGO based out of Bangalore who works with young people from vulnerable backgrounds using a life skills approach, received global recognition as 1 of 10 champions in learning through play from the LEGO Foundation and Ashoka.

In November, “The Re-image Learning Challenge” was floated by The LEGO Foundation and Ashoka with the aim of transforming the way the world learns. Innovators, educators, academics, and many others from 63 countries submitted more than 630 of the most innovative, impactful and sustainable learning projects to “The Re-imagine Learning Challenge. Out of that, Dream a Dream was chosen as 1 of 10 champions as one of the most innovative, impactful and sustainable projects aimed at transforming the way the world learns.

​ In addition to receiving a cash prize of $20,000, Dream a Dream was invited to present at the LEGO Idea Conference in Denmark .The conference was attended by international experts who focused on play and its critical link to learning.

Upon receiving the award, Co-Founder Vishal Talreja said, “Dream a Dream is deeply honoured by the LEGO Foundation and Ashoka’s recognition. The award stands as a testimony to the work we believe in—infusing play into learning experiences for young people and teachers, and thereby developing critical life skills to help young people navigate life’s many challenges.”

About Dream a Dream

Dream a Dream is a 15-year old NGO focused on developing Life Skills amongst the most vulnerable populations of young people in Bangalore, India. Over 15 years, Dream a Dream has impacted the lives of over 50,000 young people through its programmes in sports, arts, outdoor experiential camps, mentoring and career enhancement. Working with over 35 partners, 2000 volunteers and a host of corporate and individual supporters, Dream a Dream has brought together a community of supporters to change lives of children and young people in Bangalore. Delivered as an as an  after-school intervention programme, Dream a Dream’s unique and innovative Life Skills programmes  complement school curriculum, helping young adults learn key lessons in team play, overcoming difficulties and understanding basic instructions and learning to make healthy life choices.

For more information on Dream a Dream log on to http://www.dreamadream.org

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— New Global Campaign from BBDO Highlights the Role Dogs Play in Making the World a Better Place

BRUSSELS, April 30, 2015/PRNewswire/ — We live in incredibly complex times. Twenty-four hours a day, seven days a week, the human race literally races from one activity to the next. But no matter what corner of the world you call home, there’s one friend who can always help us instantaneously reconnect with the simple things in life – whether through a slobbery kiss, a simple tail wag or an excited bark – dogs. And today, our furry friends will take their rightful place in the spotlight as PEDIGREE® Brand launches a new global marketing campaign called ‘Feed the Good.’

Video – http://youtu.be/7KIYoe16q9Q

Created by BBDO, ‘Feed the Good’ is PEDIGREE’s first global campaign in years and is based on the simple, yet universal insight that dogs bring out the good in people as their innocence helps us reconnect with our own. “Studies attest how the companionship of animals transforms and improves people’s lives,” said Leonid Sudakov, Chief Marketing Officer, Global Petcare, Mars, Inc.  “By nourishing the loveable innocence in every dog, PEDIGREE helps feed the good they bring to the world.”

Feeding the Good Around the World

PEDIGREE will roll out ‘Feed the Good’ creative, as well as other integrated marketing elements beginning in Australia, Brazil,New Zealand and the U.S., with additional markets slated for later in the year and 2016. The global insight will fuel all of the‘Feed the Good’ executions, but the creative content is contextually relevant for the markets where it will be featured.

Above and beyond television, print and online advertisements, the campaign will feature various additional integrated marketing efforts including in-store displays, social media, consumer promotions and public relations. In some markets, like New Zealand, the campaign will be supported with world-class digital solutions developed in collaboration with companies like Google.

A ‘Good Fight’ in Australia

The first television commercial in the ‘Feed the Good’ campaign will begin airing on May 4 in Australia. Titled ‘Good Fight,’ the spot opens on several young adults on a street corner who are poised to fight. Just as it’s about to get really heated, one of them notices a loose dog in the middle of a busy street with a despondent owner on the far sidewalk. Suddenly the men forget about their issues and sprint to help protect the dog. The relieved owner joins the two men who saved his dog to thank them – the fight long forgotten.

‘First Days Out’ in Brazil

‘Feed the Good’ launches in Brazil via an online documentary film that follows the real-life journey of two ex-cons – Joey and Matt – who each adopt dogs upon their release from prison. The emotional three-minute video, called ‘First Days Out’ profiles all of the good that comes from these unlikely pairs, including new opportunities, blossoming friendships and mended fences. In addition to the documentary, PEDIGREE will release a 30 second television commercial called ‘Dogs World’ in Brazil later in 2015.

PEDIGREE is the world’s largest dog food brand – in fact, the brand is the world’s sixth largest food brand. ”’Feed the Good’ is just the next chapter in our ongoing, global commitment to make the world a better place for dogs,” added Sudakov.

Follow ‘Feed the Good’ advertising on Twitter, Instagram and YouTube via #FeedtheGood.

About Mars Petcare

Mars Petcare is the world’s leading pet food and veterinary care business that strives to make A Better World for Pets® every day. Mars Petcare believes that pets make our lives better and that pet ownership brings joy and benefits which should be accessible to everyone. Mars Petcare has a total of 38 brands in our portfolio, including billion dollar brands PEDIGREE®, WHISKAS®, ROYAL CANIN®, BANFIELD®, and IAMS®. Other leading brands include: CESAR®, NUTRO®, SHEBA®, DREAMIES®, KITEKAT®, CHAPPI®, CATSAN®, FROLIC®, PERFECT FIT®, GREENIES®, EUKANUBA and NATURA . Key specialty brands include: Mars Fishcare: API®, Aquarian®, Rena®, Pondcare®; Mars Horsecare: Winergy®, Spillers®, Buckeye® Equivite®; the WALTHAM Centre for Pet Nutrition®, a leading scientific authority on pet nutrition and wellbeing. Mars Petcare has more than 37,000 Associates worldwide.

About Mars, Incorporated:

In 1911, Frank C. Mars made the first Mars candies in his Tacoma, Washington kitchen and established Mars’ first roots as a confectionery company. In the 1920s, Forrest E. Mars, Sr. joined his father in business and together they launched the MILKY WAY® bar. In 1932, Forrest, Sr. moved to the United Kingdom with a dream of building a business based on the objective of creating a “mutuality of benefits for all stakeholders” — this objective serves as the foundation of Mars, Incorporated today. Based in McLean, Virginia, Mars has six business segments including Petcare, Chocolate, Wrigley, Food, Drinks, Symbioscience, and more than 72,000 Associates worldwide that are putting its Principles into action to make a difference for people and the planet through its performance. Mars brands include: Petcare – PEDIGREE®, ROYAL CANIN®, WHISKAS®, BANFIELD Pet Hospital®, NUTRO®, SHEBA®, DREAMIES® and CESAR®; Chocolate – M&M’S®, SNICKERS®, DOVE®, GALAXY®, MARS®, MILKY WAY® and TWIX®; Wrigley – DOUBLEMINT®, EXTRA®, ORBIT® and 5™ chewing gums, SKITTLES® and STARBURST® candies, and ALTOIDS® AND LIFESAVERS® mints. Food – UNCLE BEN’S®, DOLMIO®, EBLY®, MASTERFOODS®, SEEDS OF CHANGE® and ROYCO®; Drinks – ALTERRA ® Coffee Roasterscoffee, THE BRIGHT TEA CO.® tea, DOVE®/GALAXY® Hot Chocolate, and FLAVIA® brewer; Symbioscience – COCOAVIA®, WISDOM PANEL® and SERAMIS®.

For more information, please visit www.mars.com. Follow us: facebook.com/mars, twitter.com/marsglobal, youtube.com/mars.

®/™ Trademarks ©Mars, Incorporated 2015. Other trademarks are property of their respective owners.

SOURCE Mars Petcare

RELATED LINKS
http://www.mars.com

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Registered and Corporate Office: Godrej Bhavan, 4th Floor, 4A, Home Street, Fort, Mumbai – 400 001

Q4&FY2015 Results

• FY2015Total Income increased by 54% to INR 1927 crore
• FY2015 Net Profit increased by 20% to INR 191 crore
• Highest ever annual residential sales by GPL with booking area growth of 69%to 3.6 million sq.ft. and booking value growth of 58% to INR 2,398 Cr

Mumbai, April30 2015: Godrej Properties Limited (GPL), a leading national real estate developer, today announced its financial results for the fourthquarter and financial year ended March 31, 2015.

CORPORATE HIGHLIGHTS:

Business Development Highlights

Added 2 new projects with 3.85 million sq.ft. of saleable area in Q4 FY15

• Joka, Kolkata

• Added GPL’s fourth project in Kolkata with 3 million sq.ft. of saleable area
• Excellent connectivity to all key areas in Kolkata including Alipore, Park Street, Salt Lake &Tollygunge.

• Whitefield, Bangalore

• Added GPL’s seventh project in Bangalore with 0.85 million sq.ft. of saleable area
• Excellent social infrastructure with close proximity to educational institutions, hospitals, malls andconvenience stores
• Well connected to EPIP Zone and ITPL Business Parks

Sales Highlights

Highest ever annual residential sales by GPL with booking area of 3.6 million sq.ft. and booking value of INR 2,398 Cr

• Q4 FY2015 witnessed total booking value of INR428 crore and total booking volume of 692,049 sq.ft. as compared to total booking value of INR 1,066 crore and total booking volume of 1,342,989sq. ft. inQ4 FY2014

• - ENDS -

  Residential projects recorded booking value of INR 385 croreand booking volume of 655,286 sq.ft.in Q4 FY15

• Commercial projects witnessed booking value of INR 42 croreand booking volume of 36,763 sq.ft. in Q4 FY15

Other Highlights

• Delivered 0.1million sq.ft. at Godrej Crest, Bangalore and completed the project
• 5 projects received IGBC Green Homes pre-certification
• 24 awards received in Q4 FY15

Commenting on the financial performance of Q4&FY2015, Mr. Pirojsha Godrej, Managing Director & CEO Godrej Properties Limited, said:

“This has been GPL’s best financial year in terms of residential sales. We have registered a booking volume of 3.6 million sq.ft. and booking value of INR 2,398 Cr in the residential segment which translates into an increase of 69% and 58% respectively over FY14. We look forward to further improving on this performance inFY16.”

Financial Overview (Consolidated)

Q4 FY2015 performance overview compared with Q4 FY2014

• Total income increased by 65% to INR 718 crore from INR 436 crore
• EBITDA increased by 36% to INR 112 crore compared to INR 82 crore
• Net profit increased by 6% to INR 51 crore from INR 48 crore
• EPS* amounted to INR 2.58 as compared to INR 2.43

FY2015 performance overview compared with FY2014

• Total income increased by 54% to INR 1927 crore from INR 1254 crore
• EBITDA stood at INR 341 crore compared to INR 358 crore
• Net profit increased by 20% to INR 191 crore from INR 159 crore
• EPS amounted to INR 9.58 as compared to INR 8.62

Audited Financial Results - Consolidated - 31.03.2015

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BANGALORE, April 30, 2015 /PRNewswire/ --

Mordor Intelligence reveals in its new report on the Global Seed Treatment Market - Segmented By Application, Crop Type And Geography - Trends And Forecasts (2015 - 2020) that the global seed treatment market, which was worth around $4.2 billion in 2015, is expected to cross $6.4 billion by 2020 growing at the CAGR of 8.9% during the forecast period 2015-2020.

(Logo: http://photos.prnewswire.com/prnh/20150428/740799 )

The Global seed treatment market Report is segmented by Application Area [Chemical Agents (Insecticides, Fungicides and Other Chemicals) and Biological Agents] and Crop Type (Corn/Maize, Soybeans, Wheat, Rice, Canola, Cotton and Other Crops). Biological seed treatment agents include applications that are derived from renewable resources and contain natural active ingredients.

The greatest prospects for seed treatment lie in maximizing the plant's generic potential through bespoke solutions, which need a combination of crop protection, innovation and crop solution techniques. Of these, the first encompasses conventional techniques of foliar and seed disinfection; the second involves existing techniques for enhancing seed vitality through innovative application technologies and the third covers crop management through using innovative technology for genetics/traits.

The market for seed treatment gains in significance due to a number of factors like rise in seed cost, volatility in weather along with price and greater use of multicomponent products are driving the seed treatment market. Greater pressure from regulatory requirements is one of the major factors attributed to drive the market. Primary requirements of seed treatment include capability of offering good protection during the germination period, supporting early plant development and enhancing stress tolerance at an early stage. These can be achieved by improving the quality of seed treatment products that offer ease of application at low rates.

Browse through a detailed Table of Contents and list of tables:

http://www.mordorintelligence.com/industry-reports/global-seed-treatment-market-2015-2020-industry

The factors affecting the market are imbalance between the cost & effectiveness, concern for environment and limited shelf life. Due to awareness of health benefits, the biological seed treatments are creating an opportunity for seed treatment market. Asia-Pacific is expected to be the fastest growing market during forecast period.

The global market for seed treatment comprises chemical agents, including insecticides, fungicides and other chemicals and non-chemical agents, of which chemical agents form the most dominant application segment. Among non-chemical seed treatments, Biological seed treatment agents include applications that are derived from renewable resources and contain natural active ingredients. These seed treatment agents have no adverse impact on the environment, workers and consumers in comparison to chemical agents, as a consequence of it demand for them to witness the fastest growth during forecast period.

Worldwide, chemical agents dominate the market for seed treatments, cornering an estimated share of 93.8% in 2015, with demand for the same projected to reach US$6.4 billion by 2020 at a CAGR of 8.9% between 2015 and 2020. Within this application category, insecticides constitute the largest sub-category, with an estimated 2015 share of 50.5% of overall seed treatment demand. However, fungicide seed treatments are slated to witness the fastest CAGR of 9.5% during 2015-2020 in reaching a projected demand of US$2.2 billion by 2020. The global market for non-chemical seed treatment agents is slated to outpace chemical agents by posting a robust CAGR of 10% over the similar period to reach a projected US$420 million by 2020.

Request a free sample from the study for comprehensive analysis:

http://www.mordorintelligence.com/industry-reports/global-seed-treatment-market-2015-2020-industry

By region, North America dominates the global seed treatment market, with a share estimated to be 48.2% in 2015, though Asia-Pacific's demand for these compounds is likely to emerge as the fastest growing with a compounded annual rate of 10.6% during 2015-2020.

Corn/maize is the most widely crop seed to be treated with these compounds, accounting for an estimated share of 31% in 2015. In terms of growth, however, the market for seed treatment for soybeans is likely to be the fastest in compounding annually at 9.5% between 2015 and 2020.

Syngenta, Bayer CropScience and BASF are the top three players in the global seed treatment market, with all of them having an extensive portfolio of agricultural products and solutions. While BioWorks Inc, Advanced Biological Marketing Inc and ValentUSA Corp are comparatively smaller players, they offer the potential of becoming big game changers in the area of seed treatment in future. Each company has adopted an individual approach in terms of strategy for future growth. A few have focused on horizontal growth by expanding their presence in emerging markets that offer the greatest scope for future prospects, while yet others have been content to operate within their established boundaries and go in for vertical growth by concentrating on innovations in the area of products and solutions.

Subscribe to free alerts or browse our comprehensive literature on Agriculture: http://www.mordorintelligence.com/industry-reports/agriculture

About Mordor Intelligence:

Mordor Intelligence  is a global market research and consulting firm offering in-depth market analysis reports and consulting services.

For further information, please contact:

Mr. Raghuram Siddavaram
Email: info@mordorintelligence.com
Website: http://www.mordorintelligence.com/
Phone: +1 781-300-3838

SOURCE Mordor Intelligence

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– Global public health experts discuss future strategies of combatting typhoid, invasive NTS disease

BALI, Indonesia, May 1, 2015 /PRNewswire/ — The Coalition against Typhoid (CaT), in collaboration with Bio Farma, began the 9th International Conference on Typhoid and Invasive NTS Disease in Bali, Indonesia, with more than 200 public health experts from around the world in attendance. Over the next three days, they will discuss strategies to combat typhoid and invasive non-typhoidal salmonella (iNTS) disease. Experts will present their research on disease burdens, the cost effectiveness of intervention strategies and global policy recommendations for invasive salmonelloses.

Typhoid impacts approximately 21 million people, causing more than 216,000 deaths annually — predominantly among children younger than 15. In addition, invasive non-typhoidal salmonellae cause an estimated 3.4 million illnesses and 681,316 deaths globally each year.

“More than one-third of the world’s population lives in typhoid-endemic countries; however, media coverage of this deadly disease — disproportionately affecting young children — remains minimal,” said Zulfiqar Bhutta, PhD, founding director of the Center of Excellence in Women and Child Health at the Aga Khan University in Pakistan. “This biennial conference provides an opportunity to highlight the challenges in overcoming the global typhoid burden as well as tangible progress toward more affordable and effective interventions to combat invasive salmonelloses.”

Typhoid, the leading serotype of the invasive salmonella family, is treatable with antibiotics. However, resistance to commonly used antibiotics has emerged as a growing challenge. A lack of effective diagnostic test further complicates management. Together, these challenges underscore the need for increased use of typhoid vaccines in the short term. Despite a WHO recommendation to prioritize typhoid vaccines for “immediate” implementation, their use remains minimal in endemic settings.

“Vaccines provide an immediate solution to the human suffering caused by typhoid,” said Imran Khan, director of the CaT Secretariat at the U.S.-based Sabin Vaccine Institute. “We have made significant progress since the last international conference on typhoid in 2013 in Dhaka, Bangladesh. Two conjugate vaccines have been licensed in India and six more are in clinical development and will be licensed in their country of manufacture by 2018. To continue this momentum, the Coalition against Typhoid will work with partners on the critical next steps: securing a revised immunization policy and financial commitment for typhoid conjugate vaccines.”

The recent national licensure of typhoid conjugate vaccines in India — and their availability and use in the private market — represents a major milestone in typhoid prevention. These events lay the groundwork for expanding use of these vaccines in the public sector through national immunization programs. A conjugate vaccine could prevent 90 percent of typhoid cases and deaths, saving approximately 190,000 lives a year. These vaccines, which offer a longer duration of protection compared with earlier vaccines, is safe and can be used in infants as young as six months old.

The 9th International Conference on Typhoid and Invasive NTS Disease is a landmark conference in addressing the global burden of invasive salmonella infections. The conference includes a research and public health focus on overcoming barriers to diagnosis, management and prevention of salmonella infections.

About the Coalition against Typhoid
The Coalition against Typhoid (CaT) is a global forum of health and immunization experts working to expedite and sustain rational, evidence-based decisions at the global, regional, national and municipal levels regarding the use of typhoid vaccines to prevent enteric fever. CaT aims to define barriers to the adoption of typhoid vaccines in communities that would benefit most and the key activities that are needed to overcome them.

SOURCE Sabin Vaccine Institute

RELATED LINKS
http://www.sabin.org
http://www.sabin.org/

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The real estate sector in Kuwait has observed a downtrend during the global economic crisis in the year 2008 and a reduction in the asset prices. The real estate sector contribution to the country’s GDP has decreased from USD ~million in 2009 to USD ~ million in 2014. This was attributed largely to the shortage of finances to run the development activities in the region. Moreover, as the situation became worse, foreign investors retreated from the market which further affected the development of real estate properties and infrastructure in the region.

Figure: Kuwait Real Estate Market Size by Revenue in USD Million, 2009-2014

The residential real estate market in Kuwait contributed more than ~% of the total real estate market in 2014. The market has been driven by increasing housing loans and increasing employment opportunities for the young population. The rental prices in Kuwait have remained subdued on grounds of staggering demand. However, the retail and office segment supply has increased and have performed exceptionally well with a high contribution towards the sale of real estate market in the country. One of the major reasons were the increasing population especially the migrants coming from outside country stimulating the demand for residential, office and retail spaces in the country.

Read more: https://www.kenresearch.com/mining-construction-infrastructure/real-estate-industry/middle-east-real-estate-market-research-report/637-97.html

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