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National Entrepreneurship Awards Scheme – 2017 by The Ministry of Skill Development and Entrepreneurship

The Ministry of Skill Development and Entrepreneurship (MoSDE) has instituted the annual National Entrepreneurship Awards to encourage a culture of entrepreneurship across the country. These premier awards seek to recognise and honour entrepreneurs and entrepreneurship ecosystem builders for their outstanding efforts.

A total of 24 awards will be presented to Young Entrepreneurs below the age of 30 years* (18 awards) and Entrepreneurship ecosystem builders including organizations/ individuals (6 Recognition Awards).

Each winner will get prize money of Rs. 10 lakh (organisations) and Rs. 5 lakh (enterprises/ individuals), a trophy and a certificate. Details along with the Application/ Nomination Form are available on www.neas.gov.in. The call for applications is open till 30th Sept 2017.

*35 years for SC/ST/PwD

About FITT

FITT is a society registered under the Society Registration Act 1861. The organisation – set up by and at the Indian Institute of Technology, Delhi is mandated with the tasks of fetching economic value addition to the academic resources viz. research results, faculty expertise and the specialized equipment / facilities. This is slated for achievement by appropriate academia-industry-government interactions. As part of these activities, FITT engages into contract research, consulting activities, promoting/supporting/nurturing innovations and entrepreneurship development- leveraging primarily the academic resources at IIT Delhi. Set up in the year 1992, FITT has undertaken/ accomplished various tasks/ projects/ incubation/ knowledge dissemination by partnering/ networking with various stakeholders – both in the national and international domain.

India’s National Palm Oil Sustainability Framework (IPOS) Launched

Solidaridad Network, renowned global sustainability organisation, in association with The Solvent Extractors’ Association of India (SEA) is pleased to announce the launch of the Indian Palm Oil Sustainability (IPOS) Framework.

The Indian Palm Oil Sustainability (IPOS) Framework was launched in the Annual General Meeting of The Solvent Extractors’ Association of India (SEA) held on 13th September, 2017 in presence of Mr. Datuk Seri Mah Siew Keong – Minister of Plantation Industries and Commodities (MPIC), Government of Malaysia; Mr. Joyo Supriyono, Chairman of GAPKI, Indonesian Palm Oil Association who graced the occasion by participation at the launch of the IPOS framework.

The Indian Palm Oil Sustainability Framework (IPOS) are a set of environmental and social criteria applicable in Indian conditions to produce and trade in sustainable palm oil. The framework is jointly developed by The Solvent Extractors’ Association of India (SEA), Solidaridad and Society for Promotion of Oil Palm Research and Development under the Indian Institute of Oil Palm Research (IIOPR) of Indian Government in consultation with key Indian stakeholders across the country. The IPOS framework will be governed by the multi-stakeholder national platform for sustainable palm oil and will have its secretariat managed from the office of the Solvent Extractors’ of India in Mumbai. Solidaridad team would support its implementation in India and across Asia.

The IPOS framework contains principles and standard practices which are economically viable, environmentally appropriate and socially beneficial and are aligned with national and international legislation and applicable regulations. IPOS would improve sustainability practices of supply chain stakeholders and also assist them in achieving compliance with applicable national and international regulations as well as voluntary codes. It would also potentially create harmonisation with other national initiatives undertaken for sustainability in the palm oil sector in other Asian countries.

Madam Musdhalifah Machmud – Deputy Minister for Food and Agriculture Coordinating Ministry for Economic Affairs Republic of Indonesia shared through email: National sustainability framework is becoming a global need to achieve sustainability in vegetable oil production and trade including palm oil in the long run. This has been shown by India which launched India Palm Oil Sustainability (IPOS) Framework today.Indonesian Government welcomes the IPOS Framework and looks forward to working with Indian palm oil industry to make IPOS a more effective and efficient system and future cooperation between IPOS and ISPO framework.

Dr. Shatadru Chattopadhyay, Managing Director, Solidaridad Network Asia mentioned, “The IPOS framework that we have jointly developed with SEA will provide Indian palm oil industry with an economically viable sustainability model that is suited to Indian market realities. The implementation of IPOS framework is expected to create better farm management, improved productivity, better environmental performance and improved working conditions at the production sites. The early results coming out of our pilot site in Andhra Pradesh where IPOS framework is implemented by Solidaridad is encouraging. We are committed to work with Indian palm oil extraction industry and Indian Government to get IPOS recognized by different stakeholders across the world as an effective sustainability framework”.

Speaking on the occasion, Mr. Atul Chaturvedi, President of Solvent Extractors’ Association of India shared that, “The IPOS framework is created by the Indian palm oil industry, for the Indian palm oil industry and owned by Indian palm oil stakeholders. The IPOS programme would facilitate the Indian palm oil industry to be ready for facing future customer demands, safeguard the competitiveness of the Indian palm oil industry, improve relationships and loyalty in the supply chain within and outside the country and position India as one of the global leaders in sustainable production and trade in palm oil”.

Dr. B V Mehta, Executive Director, Solvent Extractors’ Association of India, SEA, mentioned “Indian Palm Oil Sustainability (IPOS) framework would pave the way towards promoting sustainable production and trade along with improvement in the social, economic and environmental performances of Palm Oil sector. I am confident that the IPOS would bring out the strengths and address the existing gaps towards improving sustainability, enhancing credibility, income of farmers and foster the performance of Solvent Extraction Industry and edible oil security for the country.”
IPOS would focus on the following:

  • One unified sustainability framework tailor-made for the Indian palm oil industry
  • Support farmers with better farm management
  • Improve productivity of smallholder farmers
  • Enable better environmental performance
  • Improved working conditions at the production sites
  • Align with other national sustainability standards in the world using IPOS as the benchmark

About Solidaridad

Solidaridad is world’s oldest sustainability organisation with almost 50 years of experience in facilitating the development with socially responsible, ecologically sound and profitable supply chains in 14 agro-commodities and industrial minerals across 54 countries. In Asia, Solidaridad has headquarters in Hong Kong and works from its 14 offices in India, China, Indonesia, Malaysia, Japan, Bangladesh, Myanmar and Sri Lanka. It helps smallholders to become organised, increase their productivity, use better production practices, access working capital and investment finance, and improve their livelihoods. Solidaridad also does match making between well-performing smallholders and buyers and assist them to be compliant with the sourcing policy of the buyers.

About The Solvent Extractor’s’ Association of India (SEA)

The Solvent Extractor’s’ Association of India (SEA) having it registered office at 142, Jolly Maker Chambers No 2, 14th Floor, 225, Nariman Point, Mumbai 400121, (India) was established in 1963 to help and foster the development and growth of the solvent extraction industry in India. Over the years, the association of Vegetable Oil Industry and Trade in India. The Association is recognized as a “Non-Government Organisation” (NGO) by the Ministry of Agriculture, Government of India and also as the “Trade Promotion Organization” (TPO) by the Ministry of Commerce, Government of India for exports of various oil meals, compound feed, minor oils of tree & forest origin and edible oils and oilseeds. The Association’s present strength is over 850 members including solvent extraction plants, oil mills, vegetable oil refineries; compound feed manufacturers, importers & exporters of vegetable oils and oil meals and providers of various services to the industry.

Sixth Edition of LASER World of PHOTONICS INDIA Inaugurated in New Delhi

LASER World of PHOTONICS INDIA in its 6th edition today received a grand opening response at Pragati Maidan Exhibition Center in New Delhi. The exhibition was inaugurated by Prof. Ashutosh Sharma, Secretary of Department of Science and Technology, Government of India.

“I want to congratulate the team of Messe Muenchen India for organizing an exceptional trade event. We see high rate of participation not only from laser companies in India but also from USA, UK, Germany, China to name a few. Photonics is an emerging market and possesses a bright future in various sectors such as automotive, agriculture and many more,” said Prof. Sharma during the inaugural ceremony on day one.

LASER World of PHOTONICS INDIA is the only trade fair for the laser and photonics industry in India. The three-day trade fair is offering an opportunity to manufacturers from various user industries, distributors, government authorities and state corporations to interact and network with exhibitors from across the industry.

New Highlight: Additive Manufacturing Technology 

An exciting array of activities are held at the trade fair. Scientists, industry experts and users can look forward to the Additive Manufacturing Insight (AMI), an international conference on Additive Manufacturing Technology taking place on the second day, September 15, 2017. It will offer attendees a comprehensive understanding of the state-of-the-art in 3D printing and the latest technological advances in 3D printers and their application for the Indian market.

For the first time ever LASER World of PHOTONICS INDIA has set up an Additive Manufacturing Pavilion in hall 7D from 14-16 September to showcase laser-based processing and systems for additive manufacturing in industrial applications. Leading companies such as Capricot Technologies, 3D Systems, Novabeans Prototyping Labs, Redington India Limited, Renishaw Metrology Systems, Shree Rapid Technologies and Stratasys participate in the Additive Manufacturing Pavilion.

Bhupinder Singh, CEO of Messe Muenchen India, said: “We are incredibly delighted with the year on year consistent response from our exhibitors as well as interest from new customers. New highlight this year is the Additive Manufacturing pavilion and conference to capture the futuristic 3D printing industry in India.”

Special Programs: Laser Safety Forum, Buyer-Seller Forum and IEEE Photonics Short courses

The Laser Safety Forum, the Buyer Seller Forum and the Additive Manufacturing Pavilion, which attracted attention of the attendees, will continue to span across the two days. The forum covers all aspects of laser safety practice and hazard control wherein the experts will share their know-how and provide training on the practical applications of laser safety.

The Buyer Seller Forum gave a golden chance to the buyers and sellers to meet face to face in a beneficial business environment and will continue to add high value by connecting participants to a potential business associate on the next two days.

The visitors gained vast information, for example by attending two short courses on Fiber Lasers, Nanophotonics and Nano-Technology, organized by the Institute of Electrical and Electronics Engineers Photonics (IEEE). IEEE Photonics will also be organizing another short course on Optical Fiber and Waveguides on September 15.

Spread over 5500 square meters’ area with 160 exhibitors from 13 countries, some of the leading companies at the trade fair are Advanced Photonics, Coherent Laser India, EO Technics, IPG Photonics, Laser Science, Max Photonics, Sahajanand Laser Technology, Scantech Laser, Star Laser, Suresh Indu Lasers and TRUMPF, to name but a few.

LASER World of PHOTONICS INDIA is taking place from September 14 to 16, 2017 at Pragati Maidan, New Delhi and is co-located with electronica India and productronica India. For free visitor registration and more information visit www.world-of-photonics-india.com.

Broadcast India Show 2017 to Open a Plethora of Opportunities for the Broadcast and Film Industry

The 27th edition of the annual B2B Broadcast India Show, organised by NürnbergMesse India, will be held from 12th-14th October, 2017 at Bombay Exhibition and Convention Centre, Goregaon, Mumbai. The three-day trade fair will witness the leading participants from across the globe present a wide array of products and technologies for the broadcast, television, film, audio and radio industry. For over the last two-and-a-half decades, the Broadcast India Show has positioned itself as the single most interactive platform that showcases on one hand, the paradigm shifts in infotainment technology across the globe and on the other, allows technology seekers to connect with the innovators and experience the marvels first-hand.

As per a report published by FICCI and KPMG, the media and entertainment industry in India is poised to grow at a CAGR of 14.3 percent to INR 2260 billion by 2020, led by advertising revenue which is expected to grow to INR 994 billion at a CAGR of 15.9 percent. By 2020, the digital advertising market is also likely to scale up to INR 255 billion and contribute to 25.7 percent of total advertising revenues. Increased share of mobile and video advertising as part of digital media is one of the things to look forward to as well.

Sonia Prashar, Managing Director of NurnbergMesse India, shares, “Broadcast India Show has a rich heritage of bringing the largest audience from the Indian media and infotainment industry together to witness leading international brands and their latest innovations. It has always been our endeavour to provide the best of networking platforms for the industry. We will continue to create several additional avenues along with the main event for technology seekers to witness these products first hand and gain in depth knowledge about them.”

Ms. Kavita Meer, Project Consultant, Broadcast India Show 2017, is confident that the event this year will be the biggest ever done till date, “Broadcast India Show has always attracted the key influencers and decision makers of the industry. Last year, over 20,000+ global professionals made their attendance at the event. The show has become a calendar event for the industry and it is because of its ability to attract professionals from the entire spectrum of the broadcast industry that it enjoys such a strong connection with the infotainment industry.”

From content creation to its management and delivery, Broadcast India Show 2017 presents an entire gamut of products and solutions catering to the entire scale of the broadcast and film industry. Organized by NurnbergMesse India, the expo is poised to attract over 20,000+ professionals from across the globe with over 600 brands displaying cutting-edge technology and solutions. Along with the broad-spectrum event, the Broadcast India Show 2017 will simultaneously facilitate a two-day conference that dives right into the nitty-gritty of content. It will invite CEOs, directors and proprietors of companies along with engineers, technicians and technologists to conduct an array of technical presentations, product promotions and in-depth discussions.

Richard Lim, Director (Asia), Blackmagic Design, shares, “Broadcast India is an excellent opportunity to showcase our latest products to India and regional markets. The latest announcements from NAB and IBC will feature strongly at our booth D-401. With the new DaVinci Resolve 14 featuring an industry revolutionalizing post production workflow featuring the same timeline for Editing, Color and Audio, Blackmagic Design will bring additional resources to help answer any queries surrounding DaVinci Resolve. With ever increasing support from our partners and customers, we expect to have a good showing at Broadcast India 2017.”

Amit Mittal, General Manager, Datavideo Technologies India Pvt. Ltd. says, “Datavideo has been a regular participant of ‘Broadcast India’ for years. This is because, BIS is the right platform to increase visibility, market presence and expanding our brand awareness. For us this show is by far an excellent venue to meet most of our customers, organize social gatherings and connect with the right buyers that have similar interests. The diverse clientele that visits the show is always by far the best.”

Some of the leading brands who will be displaying their products are Blackmagic Design, Sony, AVID, RED Digital, Canon,Datavideo, Ross Video, FOR-A, Grass Valley, ARRI, Atomos, Carl Zeiss, Panther, Seagate, On Air Asia, AJA VideoSystems, Playbox, IHSE, Primestream, Ikegami, Hitachi, Monarch, Netweb and Sennheiser, among many others.

Commenting on the Broadcast India Show 2017, Eddie Udagawa  Vice President  Consumer Imaging & Information Centre,Canon India , said, “Broadcast India Show is a premium platform for the industry to showcase the latest technology to the technocrats from all over the world. After receiving overwhelming response over the years at the Broadcast India Show, we are expecting a heightened consumer connect for our products for this year as well. Keeping with this year’s theme of showcasing the next-gen broadcast technology, we will be showcasing our latest flagship main stream Cinema EOS camera C700, for motion picture industry. We would also showcase Cinema EOS C200, a revolutionary video camera with inbuilt 4K Raw and high frame rate capabilities. Innovation has always been a driving force at Canon and this kind of platform helps us to create insights into the high-end camera technology in Broadcasting and Cinema industry.”

The Broadcast India Show 2017 from 12th-14th October, 2017 will be spread over 1,00,000 sq. mtrs and will serve as the trend setter as well as be testimonial to the largest gathering of professionals from the broadcast industry.

About the NürnbergMesse Group

NürnbergMesse is one of the 15 largest exhibition companies in the world. The portfolio covers some 120 national and international exhibitions and congresses and approx. 40 sponsored pavilions at the Nuremberg location and worldwide. Every year, around 30,000 exhibitors (international share: 41%) and up to 1.4 million visitors (international share of trade visitors: 24%) participate in the own, partner and guest events of the NürnbergMesse Group, which is present with subsidiaries in ChinaNorth AmericaBrazilItaly and India. The group also has a network of about 50 representatives operating in over 100 countries.

Media Contact:
Apurba Biswas
apurba.biswas@nm-india.com
+91-9769051748
Marketing Manager
NürnbergMesse India Pvt. Ltd.

SOURCE NürnbergMesse Group

India’s First ‘Smart’ Art Project: Zero-To-Infinity

Two alumni of Indian School of Business, Jhansi Munukoti, the CEO of KalaPrayas and Kush Mishra, the CEO of Internext Engineering Solution, announce a partnership to create India’s first smart art project: Zero-To-Infinity. Media company, Raasta Studios, is helping in generating the video content for the project.

Zero-To-Infinity is a unique connected art project integrating various art forms like – paintings, music, literature and movement, using Internet of Things (IoT). Through this art project, the team is creating a dynamic and interactive storytelling experience than just static paintings. By linking rationality and irrationality, the team is attempting to bring cultural inclusivity using stories from mythology and science, in a way that appeals to the younger generation.

Jhansi has been an artist for about 15 years and has held art shows across the world. She started KalaPrayas to create experimental art. KalaPrayas’ first project has been a huge success at London School of Fine Arts. ‘Zero-To-Infinity’ is the second project of KalaPrayas and she is very excited about it.

In her words, “Art brings with itself a translatable blessing – Creativity. Subconsciously I benefited from it all along my technology career. This very reason made me reverse-engineer the inspiration – to bring technology into arts. This is our biggest strength.”

Jhansi has already secured a scholarship from Citi Bank to pilot her idea. Her team also includes Preeti Gaikwad (an art curator from UK) and Deepthi Tadala (a poet from USA).

Kush, an alumnus from IIT Roorkee, started Internext to bring the power of IoT to industries. Right now Internext operates in mining, agritech and industrial R&D verticals with reputed clientele. Kush plans to introduce cutting-edge technology across verticals with the help of in-house research and creating the right partner ecosystem.

India for long has been a global tech provider. Our mission is to make it an innovation-driven ecosystem,” says Kush on the Indian innovation ecosystem. “Our next big project is setting up IoT enabled vertical farms in Jaipur.”

The team is inviting like-minded freelancing enthusiasts to join them on the execution part of the project. Specifically, they are looking for artists, embedded developers, IoT specialists and writers.

About KalaPrayas

KalaPrayas is a multi disciplinary art platform, aimed at democratizing arts. Though started as a network to create opportunities for rural indian artists, KalaPrayas soon emerged into a platform for experimental arts.

Contact details of the team:
Jhansi Munukoti
jhansi.munukoti@kalaprayas.com
+91-9701399291

Kush Mishra
kush.mishra@internext.xyz
+91-8220009223
Director, Internext Engineering Solution Pvt. Ltd.

 

SOURCE KalaPrayas

Tata Projects is L1 in Mumbai Metro Trans Harbour Link Project

Tata Projects Limited, one of India’s fastest growing and most admired infrastructure companies, today announced that the joint venture of Tata Projects Limited – Daewoo has been declared lowest bidder in the two packages of MTHL (Mumbai Trans Harbour Link) Project. MMRDA opened bids for 2 packages of Mumbai Metro Trans Harbour Link project on September 14, 2017. It is a landmark mega infrastructure project in heavy civil engineering as it entails bridge construction of approximately 18 kms in the sea and approximately 4 kms on land.

The project is split into three packages; the Tata Projects Limited – Daewoo JV had participated in the two packages covering the sea part of the bridge, and got declared lowest bidder in both the packages.

The package details where Tata Projects Limited is L1 are as follows:

  1. Mumbai Trans Harbour Link Project (Package-1) Construction of a 10.380 kms long bridge section (CH 0+000 – CH 10+380) across the Mumbai Bay including Sewri Interchange
    1. Tata Projects Limited-Daewoo JV Price – INR 7,339 Crores (Client Estimated Budget – INR 6,600 Crores)
  2. Mumbai Trans Harbour Link Project (Package-2) (Construction of a 7.807 kms long bridge section (CH 10+380 – CH18+187) across the Mumbai Bay including Shivaji Nagar Interchange
    1. Tata Projects Limited-Daewoo JV Price – INR 5,612 Crores (Client Estimated Budget – INR 4,900 Crores)

Only one package can be awarded to the Tata Projects Limited – Daewoo Consortium as per contract conditions and the decision on the award of the package rests with the Employer, which shall be communicated in due course of time.

The other bidders whose financial bid was opened were L&T-IHI JV, HCC-SK E&C and ITD-Simplex-SMCC.

About TATA Projects Limited (http://www.tataprojects.com)

TATA Projects is one of the fastest growing and most admired infrastructure companies in India. It has expertise in executing large and complex urban and industrial infrastructure projects.

TATA Projects operates through its business units – EPC, Transmission, Transportation, Construction & Environment, Urban Infrastructure and Quality services.

The Company provides turnkey end-to-end solutions to set up power generation plants, power transmission & distribution systems, fully-integrated rail & metro systems, commercial buildings & airports, chemical process plants, water and waste water management solutions, complete mining and metal purification systems.

The company is driven to deliver projects on-time, using world class project management techniques and has uncompromising standards for safety and sustainability.

Media Contact

Mr. Naresh Kumar Sharma
Head Marketing Communications
TATA Projects Limited
+91-9010680747
nareshsharma@tataprojects.com

 

 

SOURCE TATA Projects Limited

More than 700 Industry Experts Attended CLOUDSEC 2017 in Mumbai

CLOUDSEC, the leading internet security conference in Asia Pacific and Europe, today held its seventh annual event in Mumbai today. Hosted by Trend Micro Incorporated (TYO: 4704TSE:4704), CLOUDSEC 2017 gathered more than 700 industry experts from across the globe to meet renowned industry thought-leaders who shared their insights to the business community. Over 20 eminent speakers provided next-generation solutions, and instructed the organizations to ‘Level-Up’ their fight against cybercriminals.

“Security can no longer be considered as an after-thought in the larger scheme of things, rather it should be a well-thought out investment by enterprises, looking to catapult themselves in a competitive and technology-driven environment. Companies need to adopt stringent measures to stay ahead of cyber criminals,” said Mr. Dhanya Thakkar, Managing Director and Vice President, APAC, Trend Micro.

He further added, “CLOUDSEC is the best platform for attendees to build their threat intelligence and improvise their knowledge through the track sessions, panel discussion and other activities. It gives them the opportunity to know and be aware of the latest security strategies and the ways to protect against the attackers.”

Present at the event, Mr. Nilesh Jain, Country Manager (India and SAARC), Trend Micro said, “Targeted attacks, Ransomware and Business Email Compromise (BEC) are some of the newer and stealthier security challenges faced by enterprises of today. As the cloud and the Internet of Things (IoT) ecosystem become more interconnected, it is essential for organizations to reevaluate and redefine their understanding of threats, risks, and solutions in an ever-changing landscape.”

During the event, Mr. Bill McGee, Senior Vice President of Hybrid Cloud Security, Trend Micro, offered insights on the latest and upcoming trends in cloud computing, which may challenge current information security mindset and practices. Mr. Simon Piff, Vice President of Security Practice, IDC, explained the future of IT security technologies and focused on the structural changes organizations need to make to ensure that the depth of innovation can be best leveraged to create a holistic and robust enterprise security strategy and Mr. Sunil Varkey, Vice President and CISO, Wipro Technologies, elaborated on trust and assurance, in the digital world.

Also present at the event was, Mr. Christophe Durand, Police Senior Superintendent, Interpol Global Complex for innovation (IGCI) who explained how an enhanced attribution process could help in mitigating the cyber risk. Mr. Vishal Salvi, Chief Information Security Officer, Infosys, shared his perspective on Ransomware and how companies need to treat data protection proactively, getting the right solutions and processes in place to prepare for the inevitable attack.

The event concluded with a closing keynote on evolving era of cloud by Mr. Nilesh Jain, Country Manager (India and SAARC), Trend Micro; Mr. Mohit Pande, Country Manager – India, Google Cloud and Mr. Arun Kumar Parameswaran, Managing Director, VMware India, who were the panelists.

About CLOUDSEC

Founded in 2011, CLOUDSEC has established itself as a global community for cyber security experts and professionals. The CLOUDSEC tagline “Have a Safe Journey” aims to inspire technology professionals and users to embark on a continuous learning journey to explore and learn about industry trends, best practices, and new technologies to secure the digital infrastructures, and manage the technological risks of their organizations in safely supporting their corporate goals. For more information, please visit www.cloudsec.com.

About Trend Micro

Trend Micro Incorporated, a global leader in cybersecurity solutions, helps to make the world safe for exchanging digital information. Our innovative solutions for consumers, businesses, and governments provide layered security for data centers, cloud environments, networks and endpoints. All our products work together to seamlessly share threat intelligence and provide a connected threat defense with centralized visibility and control, enabling better, faster protection. With more than 5,000 employees in over 50 countries and the world’s most advanced global threat intelligence, Trend Micro enables organizations to secure their journey to the cloud. For more information, visit www.trendmicro.com.

Wipro selected as a strategic partner for Data Center Services by innogy

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, announced that it has been awarded a seven-year contract by innogy SE to manage their data center and cloud services. innogy SE is an established European energy company. With its three business areas of Renewables, Grid & Infrastructure and Retail, it is well equipped for the work ahead in a modern, decarbonised, decentralised and digital energy world.

As part of the agreement signed in November 2016, innogy transferred its twin data centers in Neurath und Niederaussen in Germany to Wipro on February 1, 2017. The subsequent transition phase ran smoothly. Wipro will leverage its BoundaryLess Data Center offering to help innogy drive a transformation program to rationalize, virtualize and consolidate their IT infrastructure.

Marcus Schaper, CIO innogy SE, said, “This engagement is strategic to our IT operations. We believe that Wipro is the best partner for us to accompany us on our IT journey around data center services. Therefore, we have not only signed a contract in Germany but also have extended our contract with Wipro in the UK until 2024.”

Arun Krishnamurthi, Vice President and Global Head – Utilities, Wipro Limited said, “We are delighted to expand our partnership with innogy with this engagement. We are confident that our domain expertise in the utilities sector coupled with our deep IT infrastructure services capabilities will successfully support innogy’s business objectives. Wipro will invest in and maintain the twin data centers in Germany so as to future proof them. This will ensure business agility and drive efficiencies for innogy and other customers in the region.”

Kiran Desai, Senior Vice President and Head – Global Infrastructure Services, Wipro Limited said, “This strategic engagement with innogy reinforces Wipro’s leadership in the infrastructure space. Our BoundaryLess Data Center solution capabilities coupled with our domain expertise make us uniquely positioned to enable innogy’s digital transformation journey.”

Having worked with customers in the DACH region since 2002, Wipro today has 11 delivery centers in the region with German speaking staff across offices in Frankfurt, Fellbach, Meerbusch, Munich, Hamburg, Vienna and Zurich. Over the last three years Wipro has strengthened its digital and infrastructure services through both organic growth and investments in the region. With its on-shore Datacenter in Meerbusch, Wipro offers a broad range of IT infrastructure management services to its European and global customers, which includes hosting critical applications for banks and premier automotive companies. The company works with customers across industry sectors such as retail, automotive, telecom, healthcare, banking and energy and utilities sectors in the DACH region.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 160,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

Forward-looking and Cautionary Statements

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

Wipro joins The Linux Foundation, Strengthening Collaboration and Commitment to Open Source Technologies

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company today announced that it has joined The Linux Foundation as a Silver Member. The Linux Foundation is a nonprofit organization enabling mass innovation through open source technologies.

In addition to supporting Linux, the Foundation also supports associated open source projects such as Open Network Automation Platform (ONAP), Hyperledger, Cloud Native Computing Foundation, Cloud Foundry Foundation and Automotive Grade Linux, among others.

Wipro has identified open source technologies as one of the strategic client themes to drive transformation across the enterprise. Open source is empowering enterprises to foray into new areas such as cognitive computing, blockchain, hyper automation, cloud and analytics. Wipro’s dedicated Open Source Practice and Center of Excellence, coupled with global advisory and consulting capabilities provide end-to end open source solutions and services to enterprises.

Mike Woster, Chief Operations Officer, The Linux Foundation, said, “We are proud to welcome Wipro to The Linux Foundation. Wipro has demonstrated its support to open source through its ongoing contributions to a wide range of open source projects. This membership further reinforces that commitment. We look forward to a strong and continued collaboration for the benefit of the entire open source community.”

Andrew Aitken, General Manager and Global Open Source Practice Leader, Wipro Limited said, “Wipro’s entry to The Linux Foundation, the leading industry trade association in open source, reaffirms our commitment to using, promoting and contributing to open source technologies. Our participation in multiple Linux Foundation supported projects enables us to be a part of the cutting-edge technology transformation occurring because of open source. Further, it demonstrates our expertise in these key technologies to our clients.”

Wipro is enabling internal teams to crowdsource and tap the power of the Topcoder community and leverage a wide set of skills to provide new value services, faster delivery and a global scale. Furthermore, Wipro’s open source solutions helps customers realize their enterprise goals by providing one-of-a-kind industry-specific legacy migration frameworks and methodologies using Wipro IP accelerators and ready-to-use pre-built, integrated, open source stacks and solutions.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 160,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

Forward-looking and Cautionary Statements

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

Wipro Joins Automotive Grade Linux to Accelerate Open Source Adoption

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has become a silver member of The Linux Foundation and a bronze member of Automotive Grade Linux (AGL).

AGL is a collaborative open source project that is bringing together automakers, suppliers and technology companies to accelerate the development and adoption of a fully-open software stack for connected vehicle services. With Linux at its core, AGL is developing an open platform from the ground up that can serve as the de facto industry standard to enable rapid development of new features and technologies for the automotive segment.

Wipro is a strategic engineering and software partner to many leading automotive Original Equipment Manufacturers (OEMs) and tier-1 suppliers, across the globe. This membership will enable Wipro to accelerate the adoption of open source for all the software needs inside a vehicle. Linux-based open source software will help to accelerate innovation and faster time-to-market for automotive customers.

Dan Cauchy, Executive Director of Automotive Grade Linux said, “We are proud to welcome Wipro to the Automotive Grade Linux community. We share a similar goal of wanting to create a more efficient product development process, and we look forward to leveraging Wipro’s IT and product engineering expertise as we kick-off new projects around telematics and connected car services.”

John Slosar, Vice President and Practice Head, Automotive & Aerospace, Product Engineering Services, Wipro Limited said, “Wipro is proud to join the Automotive Grade Linux community. We are excited to collaborate on Automotive Grade Linux with industry leaders and help promote wider adoption of the open-source based products.”

Wipro has over two decades of experience in delivering differentiated solutions for leading global automotive electronic tier-1 suppliers and OEMs and is a trusted partner in their digital transformation journey. With its leading-edge automotive product design and engineering expertise in electronics, software, engineering design services, manufacturing execution systems, product lifecycle management, cloud solutions, enterprise IT applications management and remote infrastructure services, Wipro has been able to deliver solutions that create unique user experiences with the highest levels of reliability.

In the last two years, Wipro has been developing projects based on the AGL platform for two Japanese OEMs. Wipro is also developing AGL components for a leading Japanese tier-1 company.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 160,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

Forward-looking and Cautionary Statements

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

Global internet company SHAREit maintains growth as the preferred content sharing platform in India

The internet has been a life changer for a vast number of people in India, creating a better world for them from political, economic and cultural perspectives, while the biggest barrier in the life changing process remains the efficiency of acquiring knowledge. After years of efforts, SHAREit has dramatically accelerated the rate at which information can be acquired, benefiting hundreds of millions of internet users across India.

As one of the fast-growing apps in India, SHAREit has provided an extreme content sharing experience to over 300 million internet users across the country over the past five years, becoming the preferred platform for content sharing and information acquisition among internet users in major Indian cities.

In the first years of this century, the skyrocketing growth of the internet broke the barrier of geography, allowing internet users worldwide to communicate freely in the virtual world. Nevertheless, many economically underdeveloped countries around the world have failed to build a strong network infrastructure that can support the free sharing of large amounts of content.

SHAREit deployed the most recent advances in technology to create a groundbreaking solution that pushes well beyond the limit of internet speed. The solution enables a smartphone to handle the rapid transmission of all files, allowing for content sharing and knowledge transfer anywhere and everywhere.

Currently, SHAREit provides an extreme sharing experience not only in India but also across more than 200 countries and regions worldwide, including in North and South AmericaSoutheast Asia, the Middle East and Europe. Notably, SHAREit holds the number one spot on the tools app chart of both Google Play and the App store in more than 100 countries worldwide.

SHAREit has won a large number of customers from around the world for its strong capabilities, with Google having become its closest partner. SHAREit appeared on Google Play’s homepage over 700 times in addition to participating in a variety of major events staged by Google in India and China.

Few are the companies that can boast a user base exceeding 1 billion users worldwide, an achievement that global internet giants, including Google and Facebook, took nearly ten years to accomplish while it only took a few years for SHAREit to make that happen.

SHAREit’s social attributes began to emerge following the firm passing the one-billion-users-worldwide milestone.

Group sharing functionalities are now highlighted on the app’s homepage. A connection over an extended period of time can be maintained among the members of one group or among different groups after content sharing groups are established, allowing rapid and stable sharing of content among fixed groups, including friends, family members and classmates.

SHAREit has entered a new area with the launch of the Share Zone. In Share Zone, you can share resources with your friends. Add videos, music, apps to Share Zone, and you can check each other’s Share Zone updates. Meanwhile you can also check resource updates of friends in real time and like friends’ resources and get resources when connected.

SHAREit gained more than 1 billion users worldwide in just five years and has become the model of a successful rising startup in the global internet community. SHAREit’s success, in turn, proves that India is capable of creating an internet giant.

SOURCE SHAREit

Industry Gears up for Renewable Energy India Expo (REI) 2017, Asia’s leading Renewable Energy Expo by UBM India

Global Interest, International Investments & Technology breakthroughs to mark the 11th epic edition

REI 2017 at a glance:

  •  Asia’s leading Renewable Energy Expo by UBM India from September 20th-22nd, 2017; 45 participating countries and over 750 exhibitors
  • 3-day power packed conference – ‘Accelerating Momentum…From Ambition to Action’. Conference to highlight innovations, challenges and a way forward
  • 3rd edition of Renewable Energy India Awards on 19th September 2017: To recognize Innovation & Excellence in the Renewable Energy Industry

After completing a successful decade of existence, the Renewable Energy India 2017 Expo (REI), hosted by UBM India, India’s leading exhibitions’ organiser, is set to take place from 20th to 22nd September 2017 at the India Expo Center, Greater Noida. A flagship event, REI is the most reputed global platform where India’s green economy community including overseas participants will congregate to discuss industry trends, challenges and market insights including the Indian regulatory framework. The event aims to further upscale and mainstream the applications of renewable energy resources, showcase product launches, innovations, and augment the forethought through the international exhibitions and conference platform.

Association Support and Countries Participating:

In its 11th edition, REI will see active participation from countries such as JapanGermanyFrancePolandUSA, Korea, Chinaand Taiwan amongst host of other countries. It is supported by the Ministry of New and Renewable Energy (MNRE), Solar Energy Corporation of India (SECI), Indian Renewable Energy Development Agency Limited (IREDA), NEDO Japan, Indo German Energy Forum (IGEF), Bloomberg New Energy Finance and Mercom Capital to name a few.

Key Dignitaries:

The expo, certified by UFI, The Global Association of the Exhibitions Industry and will see the presence of key dignitaries – Shri Anand Kumar, IAS, Secretary, Ministry of New and Renewable Energy, Government of IndiaShri Amitabh Kant, IAS, CEO, NITI AYOG, Government of IndiaShri Upendra Tripathy, IAS, Interim Director General, International Solar Alliance (ISA); Mr. Justin Wu, Head of APAC, Bloomberg New Energy Finance, Singapore;  Mr. Hans-Josef Fell, President of the Energy Watch Group (EWG) & Former Member of German Parliament; Mr. Naoki Tomotake, Director General International Affairs, NEDO, Japan; Mr. René Van Berkel, UNIDO Representative in India and Dr. Arunabha Ghosh, CEO, Council on Energy, Environment and Water(CEEW )  during the high profile Opening Ceremony of 20 September.

Exhibitors and Country Pavilions:

Bringing together Manufacturers, EPC, and Service Provides, the expo will have over 750 exhibitors including companies like Adani SolarTata Power Solar, Azure Power, Sky Power, Canadian Solar, Huawei, Trina SolarJinko Solar, Siemens Gamesa, Vikram Solar, Waaree Energies, Mitsubishi, Delta Electronics, Panasonic, SMA, ABB, Kyocera, Sterling & Wilson, Mahindra Sustain, Applied Materials, POSCO, Fronious, amongst others. The show will feature country pavilions from JapanChinaPolandFrance, Korea, and Taiwan to name a few.

Three-day Content-led Conference:

A power packed three-day conference themed ‘Accelerating Momentum…From Ambition to Action’ will take place encompassing knowledge -rich sessions by the Ministry of New and Renewable Energy, International Solar Alliance ( ISA ) , UNIDO, Indo-German Energy Forum, MNRE – EU Technical Cell, Bloomberg New Energy Finance, PV Magazine, Skill Council for Green Jobs, and Mercom Capital .

Highlights of the Conference:

– India: A Poster Child of Renewable Energy Sector’ which aims to outline key policy initiatives.

– Skilling by Nations’ which will highlight how skilling is being integrated in the industry, impact of skilling and best practises; Sessions by Skill Council for Green Jobs and CEEW.

– Surya Namaskar: Earn from the Sun’

– Rooftop PV Market Development in India

– Winds of Tomorrow: Make in India

– Driving operational excellence in solar and wind asset management’

– Micro Grids: Localising Utilities and maximising opportunities’

– Neighbourhood Energy: The role of block chain in the electricity system

– Smart Power for Smart Cities: Pushing the envelope

– The Circular Economy: Finding convergence among the Swaachh Bharat and the Smart Cities Mission for waste to energy

What’s new at REI Expo 2017:

– India’s first Mobile PV test lab on display by Mahindra Susten

– Quality Round Table – An interactive forum by PV Magazine, Germany

– Solar Super Heroes by PV Magazine, Germany

– Skill Competition for Solar Installers

– Solar Design Challenge for EPCs and Developers

– Master class by Enphase Energy, USA: To provide Installers and Engineering, Procurement and Construction companies (EPCs) with knowledge on innovations behind micro-inverter technologies and how micro-inverters are best suited for the Indian rooftop solar photovoltaic (PV) market.

– CEO Roundtable and Finance Roundtable
– ‘Advantage Rajasthan’ a seminar by the state of Rajasthan to attract potential investors, manufacturers and developers

– Workshop on ‘Driving operational excellence in Solar & Wind asset management’ by 3E, Belgium and Wise Energy, UK.

Speaking on the announcement of the 11th anniversary of Renewable Energy India, Mr. Yogesh Mudras, Managing Director, UBM India, said, “The Indian solar sector is growing rapidly with a capacity addition of 4,765MW during H1 of 2017, according to a recent report. Rooftop solar is also showing a robust growth as solar power becomes increasingly more attractive with falling costs. Besides, India has recently moved up to the second spot from third position in this year’s ‘Renewable Energy Country Attractiveness Index’, nudging past US. All this is acting as a huge pull for international investors and equipment suppliers. UBM India’s objective for the 2017 edition of REI Expo is “Accelerating the Momentum…From Ambition to Action” being the theme of the show this year, and to bridge the gap between industry, Government & Investors.”

He added, “In a nutshell, REI 2017 is a marquee event in this sector with multiple country participation, best of technology, cost effective solutions, participation of Industry leaders, various country delegation, top global brands exhibiting their product and solution offerings, and a content rich conference.”

The trade show will also be preceded by the 3rd Renewable Energy India Awards, slated for 19th September, 2017 that aims to recognise the efforts, innovation, and excellence and promote the talent in the industry. The Awards will have an august audience of industry stalwarts competing under various categories from both manufacturing and implementing communities.

Industry reactions

Mr. Saurabh Bhandari, Founder, SolarMaxx:

“REI is unquestionably the biggest and the best Renewable Energy Show in the country that attracts a vast national and international audience. It gives us, as players in the field of renewable energy, a platform to interact with potential buyers, policy makers, media and fellow industry experts. The Renewable Energy sector, especially the Solar Industry in India is going through a challenging time with regards to the anti-dumping duty, implementation of GST, increase in transmission and wheeling charges, high commissions and cess on third party purchase, to name a few. The insightful seminars that form an intrinsic part of the expo will help us address these challenges jointly as an industry. We at SolarMaxx, eagerly look forward to participating at REI 2017.”

Mr. Suman Kumar, President, Rajasthan Solar Association:

“Solar has become the most competitive source of energy in India and around the world. We are living in the most exciting times for solar as industry is growing exponentially. India’s significant capacity growth is attracting many global solar players into the country and it all starts with REI every year. REI is undoubtedly Asia’s largest renewable energy event and this year, there would be dedicated session on Rajasthan called — Advantage Rajasthan; to showcase business opportunities in the state. Solar companies from Rajasthan are participating in this year’s REI in an unprecedented number.”

Mr. A.K.Jain, Managing Director, Rajashthan Electronics & Instruments Ltd (REIL):

“With REI, being the India’s Leading Expo giving opportunity to exhibitors from around the globe to come together and share common interests, REIL finds it a must attend-event to share its vast experience of over 30 years in the sector and deployment of over 3.15 Lac in SPV Solutions, aggregating to over 50 MW. REIL has emerged as the largest off grid solution provider in the country and has executed pioneer projects under National Solar Mission, Smart Cities Mission and under Government Schemes for Electrification of Rural Housing, Rooftop with Net-Metering, Expert CPSE for Grid Interactive SPV Power plants etc. With these success stories accomplished and many more in pipeline, there are critical gaps and challenges that need to be addressed to achieve the overall objectives. Enforcement of RPO, Falling tariffs, Domestic Manufacturing, Grid Management, Storage, public-private participation to boost rooftop installations, friendly response from DISCOMs for implementation of Net-Metering etc. are some of the major concerns that if addressed can make Rajasthan the Global hub for Solar and help Country achieve its ambitious targets.”

Mr. Ketan Mehta, Co-founder, Rays Power Infra.:

“We’re proud to have been associated with Renewable Energy India Expo for 4 consecutive years now. The participation at REI has increased the manifold as compared to previous years and this platform has been instrumental in building long term relationships among various solar power companies, be it the developers, suppliers, contractors and has also resulted in synergistically alliances among various solar corporate. This year, we will be launching our new venture ‘Rays Future Energy’ at the expo and the focus shall be on showcasing solar energy solutions such as E mobility, battery storage and solar products.”

Mr. Rajeshwar Bhat, MD, Juwi India Renewable Energies Private Limited:

“Industry today is poised for tremendous growth in the area of solar PV projects, both for free field and rooftops. Today the industry has achieved the grid parity prices or prices lower than grid parity. These PPA prices have been achieved assuming low cost of imported Chinese modules. The module cost which forms 60% of the project cost has risen by more than 10-12% in the last 3 months since the offer for these projects. Hence, assuming a forward price based on uncertain global market scenario of supply and demand is not sustainable for the industry. We are of the opinion that this current increase of cost of modules will impact the funding for the projects and the quality of execution. If the projects need to be completed on time with funding agencies backing up the projects, the industry needs to offer reasonable PPA prices in the market for sustainable business for the next 3-5 years. This also triggers the need for larger investment in India for wafers and cell, module manufacturing plants to remain competitive and the solar energy to be the mainstay of Power In India. REI is one of the largest platforms where all the important stakeholders participate to ensure effective deliberations, consensus and decision making to reach the vision of 100GW in solar PV projects.”

Mr. Sunil Kotak, Executive Director and CEO, Kotak Urja:

“As a leading player in its space, Kotak Urja is proud to be associated with REI for the past 10 years. We have seen REI grow in terms of coverage and stature. It outweighs others in terms of professionalism and international outreach to emerge as India’spremier Renewable Energy exhibition and is an excellent platform for stakeholders to get in front of key customers, partners and the press to showcase the integration of products and systems into larger solutions. The solar industry is facing a few headwinds such as impact of GST on the longer run, and the proposed anti-dumping duty. It would be prudent for policy makers to incentivize domestic manufacturers of Solar Modules and Storage Systems. A uniformity across policies of States for Open Access will also help. The future outlook for the industry, however, remains strong, and we as a company and the industry are well prepared to face the growth opportunity that is on offer.”

Mr. Vishnu Hazari, Chief Executive Officer, Premier Solar Systems Private Limited:

“Premier Solar has recently expanded its manufacturing capacity with the addition of a state-of-the-art automatic 200 MW solar panels manufacturing facility and with this expansion, the cumulative manufacturing capacity of Premier Solar stands at 375 MW for Solar Panels and 50 MW for Solar Cell. This round of expansion provides a major impetus to our growth and we see Premier Solar manifesting into a key player in this sunrise industry. The ambitious target of 175 GW by 2022 set by the Government of India for solar power generation will involve commissioning of projects across the length and breadth of the country and that’s a tremendous opportunity for us. REI provides a great networking platform for Solar PV Product Manufacturers, EPC players and equipment suppliers to meet, connect and discuss upcoming opportunities, explore how they can collaborate together to collectively contribute towards achieving the 100GW target set by Govt. of India.”

Mr. Ashish Khanna, ED & CEO, Tata Power Solar:

“Solar is now most promising sector and with an established platform like the REI expo, the sector finds further opportunities to grow and learn various developments taking place in Solar and related industries. It brings together industry experts and organizations across the world with a unique opportunity to showcase new technologies, capabilities and highlight developments that are ultimately transforming India’s power generation system and solar sector across the world.”

Mr. Saptak Ghosh, Research Scientist, Centre for Study of Science, Technology and Policy:

“The ambitious target of 175 GW by 2022 set by the Government of India for solar power generation will involve commissioning of projects across the length and breadth of the country and that’s a tremendous opportunity for us. REI provides a holistic and a great networking platform for Solar PV Product Manufacturers, EPC players and equipment suppliers to meet, connect and discuss upcoming opportunities, explore how they can collaborate to collectively contribute towards achieving the 100GW target set by Govt. of India. Large scale solar power and ground mounted megawatt solar projects plants are taking off. Rooftop policies have been changing so fast over the past 2 years and it has become a task for the sector to gain steady momentum. Once these policies fall into place, it will be easier for us to chart out a stable road map for the 1 GW target. The liberal policies towards Open Access will help. The forward thinking of the Karnataka government, along with continuation of strong policies can help various sectors avail the profits of reasonable renewable energy.”

About UBM India:

UBM India is India’s leading exhibition organizer that provides the industry with platforms that bring together buyers and sellers from around the world, through a portfolio of exhibitions, content led conferences & seminars. UBM India hosts over 25 large scale exhibitions and 40 conferences across the country every year; thereby enabling trade across multiple industry verticals. A UBM Asia Company, UBM India has offices across MumbaiNew DelhiBangalore and Chennai. UBM Asia is owned by UBM plc which is listed on the London Stock Exchange. UBM Asia is the leading exhibition organizer in Asia and the biggest commercial organizer in mainland ChinaIndia and Malaysia.

For further details, please visit http://www.ubmindia.in .

About UBM plc:

UBM plc is the largest pure-play B2B Events organiser in the world. In an increasingly digital world, the value of connecting on a meaningful, human level has never been more important. At UBM, our deep knowledge and passion for the industry sectors we serve allow us to create valuable experiences where people can succeed. At our events people build relationships, close deals and grow their businesses. Our 3,750+ people, based in more than 20 countries, serve more than 50 different sectors – from fashion to pharmaceutical ingredients. These global networks, skilled, passionate people and market-leading events provide exciting opportunities for business people to achieve their ambitions.

For more information, go to http://www.ubm.com ; for UBM corporate news, follow us on Twitter at @UBM, UBM Plc LinkedIn.

Media Contact:
Roshni Mitra
roshni.mitra@ubm.com

Mili Lalwani
mili.lalwani@ubm.com
+91-22-6172-7000
UBM India

 

SOURCE UBM India Pvt. Ltd.

Cyient signs an Agreement to sell its 49% stake in Infotech Aerospace Services, Inc. (“IASI”) to Pratt & Whitney, a division of United Technologies Corporation

Cyient Limited (“Cyient”) a global provider of engineering, manufacturing, geospatial, network and operations management services to global industry leaders, has signed a definitive agreement to divest its 49% equity ownership in IASI. Established in 2003, Isabela, Puerto Rico, IASI is a 51:49 Joint Venture between Pratt & Whitney and Cyient. IASI provides aerospace defence design, development & related services, primarily to United Technologies and its business units.

The transaction would be EPS neutral. The closing of the transaction is subject to regulatory approvals and customary closing conditions.

Krishna Bodanapu, Chief Executive Officer and Managing Director, Cyient Ltd. commented, “We continue to embark on the journey towards realization of our “Design-Build-Maintain” Strategy. To enable greater focus on the strategy, we have been exiting the non-core businesses. This is the second divestment post the sale of Infotech Enterprises IT Services (IEITS) that we did in October of 2015 as a part of our strategy to exit the IT services business. This divestment is a step in the right direction and will aid us in becoming more focused striding towards achieving our vision. We will continue to evaluate and rebalance our business portfolio.”

About Cyient:

Cyient (Estd: 1991) (NSE: CYIENT) provides engineering, manufacturing, geospatial, network and operations management services to global industry leaders. Cyient leverages the power of digital technology and advanced analytics capabilities, along with domain knowledge and technical expertise, to solve complex business problems.  As a Design, Build and Maintain partner, Cyient takes solution ownership across the value chain to help clients focus on their core, innovate, and stay ahead of the curve.

Relationships form the core of how Cyient works. With nearly 14,000 employees in 21 countries, Cyient partners with clients to operate as part of their extended team, in ways that best suit their organization’s culture and requirements. Cyient’s industry focus includes aerospace and defense, medical, telecommunications, rail transportation, semiconductor, utilities, industrial, energy and natural resources.

For more information, please visit www.cyient.com.
Follow news about the company at @Cyient.

For further media inquiries, please write to press@cyient.com

Logo – https://mma.prnewswire.com/media/289359/cyient_logo.jpg

SOURCE Cyient

 

RELATED LINKS
http://www.cyient.com

The Phoenix Mills Limited: A Perfect Proxy to India’s Urban Lifestyle Consumption Story

The Phoenix Mills’ data on shopping behaviour serve as a reliable barometer of consumer sentiment

As India’s largest mall owners and operators, The Phoenix Mills Limited (PML) is evolving into a trusted proxy for the consumption trends of India’s urban middle class. India’s retail infrastructure has come a long way and PML is at the vanguard of creating fully integrated recreational centres on a pan-India basis. The company operates 8 malls, exceeding 6 million sq. ft. in total, across 6 Tier 1 cities across India. For FY2017, consumption spending at their malls exceeded Rs. 58 billion (Rs. 5,800 crores, or US$910m), up by 7% from the previous year. The growth was secular across multiple retail categories, including high street fashion, electronics, toys & gifts, multiplexes and food & beverages. With such a large unmatched sample size and geographic diversity, PML’s data on shopping behaviour can serve as a reliable barometer of consumer sentiment.

Beyond the FY2017 statistics, latest data show that consumption buoyancy continued well into the first quarter of FY2018. During the first three months ended on June 30, 2018, PML recorded an aggregate consumption of over Rs. 16 billion (Rs. 1,600 crore) across all its malls, an increase of 19% over the corresponding quarter of the previous year. While Phoenix MarketCity, Bengaluru reported the highest growth in consumption at 36%, Phoenix MarketCity Mumbai was a close second which reported 31% consumption growth.

While online shopping is a formidable part of retail growth story, consumptions at Phoenix malls across cities remain unaffected. Contrary to the popular notion that the consumers nowadays prefer to buy electronic goods mainly online, PML malls recorded upwards of 20% growth in electronics sales. Apparels & Fashion and Footwear, Bags & Accessories and Books, Toys, Gifts & Sports categories reported strong double-digit growth (mid-teens) during Q1FY2018.

“We are seeing first hand that urban consumers are rapidly evolving in their approach to purchasing decisions. Incremental discretionary spending on entertainment, dining out and lifestyle shopping is witnessing a steady growth and our experience is living testimony to the fact that India’s consumption story continues to thrive unabated,” said Atul Ruia, Joint Managing Director, The Phoenix Mills.

A like-to-like comparison between the consumption data of June and July of 2017 with the consumption data of these corresponding two months of 2016 reveals that the consumption has grown by 12% y-o-y. Comparing June and July months data would give the correct picture as it includes consumption upswing due to seasons sale that took place in June this year while in 2016, the sale was in July. The urban lifestyle consumption is almost immune to key economic events, especially when they are expected to bring in greater economic benefits.

Interestingly, during and just after the demonetisation policy was put into effect in November 2016, the consumption at PML malls experienced a temporary dip and a very rapid recovery. Overall, not surprisingly, the consumption of premium brands largely remained unaffected. For December 2017, the month just after demonetisation was introduced, consumption still grew by 21% y-o-y and the aggregate consumption for the fourth quarter of Q3 FY2017 had grown by a respectable 10% y-o-y.

“Our Phoenix MarketCity, Mumbai property can serve as an interesting case study in how a new retail asset can be nurtured and transformed into an iconic centre with its own centrifugal force for spawning a new micro-market. Though the mall had a slow start in its formative first two years, today it houses over 250 plus global and domestic brands, 10 plus departmental stores, unique entertainment zones and one of the largest range of F&B options. In FY2017, MarketCity, Kurla reported the highest incremental growth in consumption as well as trading density amongst all Phoenix MarketCitys. We expect the rentals at this mall to soon touch rentals levels attained at our MarketCity malls at Pune and Bengaluru,” said Shishir Shrivastava, Joint Managing Director, The Phoenix Mills.

About The Phoenix Mills Limited

PML (BSE: 503100 | NSE: PHOENIXLTD) is a leading retail mall developer and operator in India with approximately 6.0 million square feet of retail space spread across 8 malls in 6 gateway cities of India. PML is the pioneer of retail-led, mixed-use developments in India and has developed over 17.5 million square feet spread across retail, hospitality, commercial, and residential asset classes.

For further information, kindly contact:

The Phoenix Mills Limited
Varun Parwal
VP – Finance & Investor Relations
+91 22 3001 6737
varun.p@phoenixmarketcity.in

Dickenson Group
Mehul Mehta
President – Financial PR
+91 98202 80325
mehul.mehta@dickensonir.com

SOURCE The Phoenix Mills Limited (PML)

“The Future is Paperless,” Says Indian Financial Sector at BankBazaar’s Conclave

India’s leading financial marketplace BankBazaar hosted the second edition of the BankBazaar Paperless Finance Conclave at Mumbai on 12 September 2017. The conclave saw more than 200 eminent bankers, industry influencers and regulators come together to discuss the ways to fast-track paperless access to finance in India. Event’s highlight was the keynote speech by Amitabh Kant, CEO, NITI Aayog on reform of financial sector.

Setting the stage for the evening, Adhil Shetty, CEO, BankBazaar, said that India was ready for the paperless revolution and is seeing a surge in demand for a perfectly frictionless experience while buying financial products. Shetty said, “Thanks to regulatory encouragements, paperless technology is perfectly placed to provide that kind of frictionless experience for every financial product. There has been a lot of support from all quarters in calling for removing barriers to paperless services, and the question today is how do we make that happen.”

The keynote speaker at the BankBazaar Digital Finance Conclave, Amitabh Kant , emphasized the need for accelerating reforms and on the need to push for wider acceptance of digital signatures in the industry and acceptance of OTP-based eKYC. “To my mind the proposal to push OTP-based eKYC is high (priority). For deposit accounts, the present limit is Rs. 1 lakh. I think we should increase it to about Rs. 10 lakh. For loan accounts, the existing limit is Rs. 60,000. My view is that it should be raised to Rs. 6 lakh,” Kant said.

For full speech on FBTwitter

During the discussion that followed Kant’s address, several points of easing the paperless journey, especially in light of how it can help reduce NPAs, were made. Zarin Daruwala, the CEO of Standard Chartered Bank, suggested that GST records should be available with the consent of loan applicants for better analysis of the financial track-record.

The evening also featured two panel discussions on how paperless finance is a game changer for the financial industry and what are the constraints that need to be resolved to make completely paperless on-boarding a reality. The first panel ‘Access to paperless finance as a game changer for citizens and industry‘ saw panelists discussing how customers have evolved and how paperless finance has contributed to making the process more secure and foolproof. Vijay Jasuja, MD & CEO of SBI Card, believes their customers of instantly-issued credit cards display better awareness in terms of things such as maintaining their credit history, and so the portfolio quality is better. “I believe that it is a myth that meeting face-to-face, obtaining documents physical form is safer than obtaining documents direct from the source,” he said. Manoj Adlakha, SVP & CEO, American Express, added that early activation is key to the credit card industry. “In instant issuance, you have immediate activation,” Adlakha said. “Otherwise the activation rates typically in India are now 30-40%. But instant activation means 100%.” The other panelists included Zarin Daruwala, CEO, Standard Chartered Bank; Rajesh Sud, EVC & MD, Max Life Insurance; Arvind Kapil, Country Head, Unsecured Loans, Home & Mortgage Loan, HDFC Bank; and Jayesh H, Co-founder, Juris Corp.

The second panel, ‘What will it take for paperless on-boarding to be a reality?‘ discussed the biggest barrier to digital mobile access to financial products-the friction in the offline process in the form of physical KYC and wet-signature collection-and how moving from paper-centric to digital processes can help remove this barrier. The role of regulators in realizing dream of frictionless finance was discussed at length. Anup Bagchi, Executive Director, ICICI Bank, suggested, “Once you’ve on-boarded a customer, no regulator has come in the way of the experience being fully frictionless.” Shinjini Kumar, Consumer Business Manager, CITI India, said going paperless is more than just digitization. “The move from paper to Paperless is as much about liability transfer as it is about technology,” she emphasized. The other panelists were Puneet Nanda, ED, ICICI Prudential; Anjan Dasgupta, Partner, HSA Advocates; Ugen Bhutia, GC, SBI Card; Deepak Sharma, Chief Digital Officer, Kotak Mahindra Bank; and Sushanta Kumar Kar, CGM, Dept. of Banking Regulations, RBI.

Everyone present agreed with rising Internet connectivity and smartphone penetration, and with the availability of world-class digital infrastructure provided by the government of India, the future of finance is going to be paperless.

About BankBazaar

BankBazaar.com is ranked as the best financial website in India by the Internet And Mobile Association of India (IAMAI). BankBazaar.com has also been recently awarded the Emerging Brand of the Year Award at the 7th CMO Asia Awards for Excellence in Branding and Marketing in Singapore. It is India’s first neutral online marketplace that gives you instant customized rate quotes on loans, credit cards or any other personal finance products. It simplifies the loan application process. Anyone can instantly search for tailor-made offers, compare, customize it as per his or her need or profile and apply for the finance products. It is designed with smart technology capabilities and over 50+ of India’s leading financial institutions have chosen to integrate themselves with the platform. BankBazaar.com’s vision is to simplify and personalize financial products and make it accessible and consumable so that users can access the right financial products as easily as shopping for consumables. What’s more, BankBazaar.com’s services are completely free!

BankBazaar.com services are available through the web-portal, made-for-mobile web service, or the BankBazaar app available on the Android play store and iOS app store. Apart from these, it gives the consumer the latest news/trends and insights into managing finances better. The consumers can track their application and troubleshoot issues in the process through a host of channels like the BankBazaar app, WhatsApp, Email, Voice-support etc.

Media Contact: 
Shripad Sukenkar
shripad.sukenkar@bm.com
+91-7045352236
Senior Consulting Associate
Genesis Burson Marsteller

 

SOURCE BankBazaar

Renesas Electronics India Unveils its Latest Automotive and Smart City Solutions at Electronica India 2017

Renesas Electronics India Pvt. Ltd., a subsidiary of Renesas Electronics Singapore Pte Ltd. and a premiere supplier of advanced semiconductor solutions, today announced that it will showcase its latest advanced solution offerings in the Automotive and Smart Cities segments at electronica India , which will be held from September 14 to 16, 2017 in New Delhi(Booth #2125, Hall 12A, Pragati Maidan).

“The Indian market is rapidly adopting new technologies and we will be unveiling exciting additions to our portfolio at electronica India ,” says Sunil Dhar, President, Renesas Electronics India. “Our solutions reduce the time spent on developing embedded systems software and accelerate the development process, allowing Internet of Things (IoT) and automotive system developers to focus on creating differentiated products.”

As Indians spend an increasing amount of time on vehicles, it is necessary for the automotive industry to provide enhanced safety, efficiency, sustainability and convenience. Renesas’ all-in-one Advanced Driver Assistance Systems (ADAS) view solution kit provides superior surround view capabilities by creating a birds-eye view based on data retrieved from four cameras to enable 360-degree surround view. The view is rendered on the car’s LCD display to inform the driver of the vehicle’s surroundings. Camera functionality can be extended with four additional cameras to be used for electronic mirror and driver monitoring. These cameras allow developers to collect data from the environment for sensor fusion, an essential factor required to realize autonomous drive. The all-in-one ADAS view solution kit is based on the R-Car Starter Kit Premier that includes the high-performance R-Car H3 automotive system-on-chip (SoC) that realizes powerful automotive computing performance.

Aligning with the Indian government’s plans to go electric by 2030, Renesas also offers solutions for electric vehicles (EVs) and hybrid electric vehicles (HEVs) that improve motor control and fuel efficiency. Renesas will showcase its inverter solution for HEV/EV.

The view solution kit and inverter solution for HEV/EV are part of the Renesas autonomyTM Platform for advanced driving assistance system (ADAS) and automated driving.

The Digital India programme is powered by the Internet of Things (IoT) and as part of this effort, resources are being devoted to developing Smart Cities. The software and apps needed to manage the millions of things on the internet, including CCTV cameras, vehicles, sensors, and so forth, must be developed at break-neck speed to keep pace with these projects. The Renesas Synergy™ Platform will highlight how system manufacturers involved in Smart Cities and IoT undertakings can benefit from a complete, qualified platform with fully integrated software, a scalable family of microcontrollers, and unified development tools that accelerates the embedded development cycle needed for IoT applications.

The Synergy Platform gives back time and resources to developers by enabling them to begin product software development at the API level instead of wrestling with complicated low-level middleware and network stacks underneath. The time saved by using the platform frees developers to further innovate and differentiate their end-products.

The Renesas IoT Sandbox is a comprehensive cloud-based environment where system manufacturers can prototype their IoT solutions and accelerate the process of launching their innovative solutions in a market where even a few weeks can make all the difference in capturing market share.

Several solutions from the RZ/G Series, which is a top-performer for a range of high-performance applications that use Human Machine Interface (HMI), video and embedded vision, will also be demonstrated. The RZ/G Series enables rapid development of game-changing Linux® and Android™-based embedded systems for use in industrial, home appliance, office and medical equipment. Further details of the featured solutions and live demos is available at https://www.renesas.com/en-in/about/events/2017/electronica-india-2017.html

About Renesas Electronics India

Renesas Electronics India Pvt. Ltd., a subsidiary of Renesas Electronics Singapore Pte. Ltd, delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live-securely and safely. The number one global supplier of microcontrollers, and a leader in Analog & Power and SoC products, Renesas provides the expertise, quality, and comprehensive solutions for a broad range of Automotive, Industrial, Home Electronics (HE), Office Automation (OA) and Information Communication Technology (ICT) applications to help shape a limitless future.

Renesas Electronics India has offices in BangaloreNew DelhiMumbai and Pune. Learn more at renesas.com. Learn more at renesas.com.

About Renesas Electronics Singapore

Renesas Electronics Singapore Pte. Ltd., a subsidiary of Renesas Electronics Corporation (TSE: 6723), delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live-securely and safely. The number one global supplier of microcontrollers, and a leader in Analog & Power and SoC products, Renesas provides the expertise, quality, and comprehensive solutions for a broad range of Automotive, Industrial, Home Electronics (HE), Office Automation (OA) and Information Communication Technology (ICT) applications to help shape a limitless future.

Renesas Electronics Singapore covers the South-East AsiaIndia and Oceania markets with subsidiary companies, Renesas Electronics India Pvt. Ltd. and Renesas Electronics Malaysia Sdn. Bhd. Learn more at renesas.com.

(Remarks) Renesas autonomy and Renesas Synergy are trademarks of Renesas Electronics Corporation. Linux is the registered trademark of Linus Torvalds in the U.S. and other countries. Android is a trademark of Google Inc. All registered trademarks or trademarks are the property of their respective owners.

Media Contact:
Reena Rajan
reena@the-practice.net
+91-9611546655
COL2, The PRactice

 

SOURCE Renesas Electronics India

Adobe Partners With SSC NASSCOM to Support the Government’s Skill India Initiative

Adobe and SSC NASSCOM have signed an MoU to develop and implement a strategic skill-based program to bridge the skill gap in India’s digital economy

Aimed at furthering the Government’s Skill India Initiative, Adobe Systems today announced a partnership with IT-ITeS Sector Skills Council NASSCOM (SSC NASSCOM) to catalyze the skills landscape in India. As part of this, Adobe and SSC NASSCOM have signed a Memorandum of Understanding (MoU) to jointly develop and implement a sustainable as well as scalable skill-based program for schools and higher education institutions in India. The pilot phase of this program will benefit minimum of 5,000 students across 100 public and private institutions from 10 states in India. As a part of the association, 150 faculty members will also be coached under the ‘train-the-trainer’ program.

Commenting on the initiative, Dr. Sandhya Chintala, Executive Director, IT-ITeS Sector Skills Council NASSCOM & Vice President, NASSCOM said, “Skilling is a national imperative for India’s youth to achieve its highest potential and to optimize India’s demographic dividend. In India’s current economy, digital skills are a prerequisite to higher education and employment, and it is our endeavor to ensure that our students have the skillset to seize the opportunities of Digital India. We are happy to associate with long-term industry leader Adobe and share their expertise in software-based training and programs.”

“With skills increasingly becoming as valuable as legal tender in a global economy, Adobe is committed to the government’s dream of building a skilled India. We are thrilled about this collaboration with the SSC NASSCOM, which is one more step in the direction of furthering the government’s ambitious Skill India mission. As a nation with the world’s largest youth population, it is our responsibility to ensure that the next generation talent pool is empowered with the necessary tools to succeed in a digital economy.” said Kulmeet Bawa, Managing Director – South Asia, Adobe.

Both parties will work together to empower students to be industry-ready digital professionals by designing skill-based courseware and Qualification Packs for Web Designers, Software Developers, UI Developers, Media Developers and others. These will be created in the form of Facilitator Guides and Student Handbooks, under this initiative.

As a part of a ‘Special Interest Group’, Adobe will collaborate with SSC NASSCOM to address India’s skill gap challenge and enable students to increase their employability quotient in an increasingly digital economy. The idea is to encourage aptitude towards employable skills and upgrade aptitudes of the future workforce to international standards. This will be achieved through significant industry involvement and development of necessary frameworks for standards, curriculum and quality assurance.

This program is being led by Dr. Sandhya Chintala, Executive Director, IT-ITeS Sector Skills Council NASSCOM & Vice President, NASSCOM, across India to bridge the skill gap in specific areas of interest among students.

About NASSCOM

NASSCOM® is the premier trade body and the chamber of commerce of the IT-BPM industries in India. NASSCOM is a global trade body with more than 1800 members, which include both Indian and multinational companies that have a presence in India. NASSCOM’s member and associate member companies are broadly in the business of software development, software services, software products, consulting services, BPO services, e-commerce & web services, engineering services off-shoring and animation and gaming. NASSCOM’s membership base constitutes over 95% of the industry revenues in India and employs over 3.1 million professionals.

About Adobe

Adobe is changing the world through digital experiences. For more information, visit http://www.adobe.com/in

Media Contact:
Advait Soman,
advait@the-practice.net
+91-9717106056
The PRactice

SOURCE Adobe

Wipro Launches Automation Services for SAP® Software, Powered by Wipro HOLMES™

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced the launch of automation services powered by the Wipro HOLMESTM artificial intelligence platform. The interface software for Wipro HOLMES 2.0 for SAP® applications has been certified by SAP, a market leader in enterprise application software, to automate and interoperate with business processes running in the SAP ERP application.

Wipro’s automation services are designed to deliver cognitive enhancements to user experience and productivity with a measurably improved ‘Business Value Index’ for each level of a business process. Closely integrated with Wipro HOLMES, these services have an efficient conversational computing interface, enabled by technology from Avaamo that can learn and perform multi-turn conversations and execute judgement-intensive tasks just like humans and enhance the user experience. Wipro Ventures, the strategic investment arm of Wipro Limited that is focused on investing in early-to mid-stage startups, has invested in Avaamo, an enterprise software company in the conversational computing space.

Wipro’s automation services are readily deployable with minimal time, effort and are closely aligned to SAP’s product roadmap, helping to make them future-proof. The services deliver end-to-end capabilities across live insights, predictive analytics and business process optimization, and enable new business models. These services are modular, and customers can prioritize their deployment across specific business processes, administration and technology to improve productivity.

Hiral Chandrana, Senior Vice President, Business Application Services, Wipro Limited said, “We are delighted to launch our automation services, powered by Wipro HOLMES. As we help accelerate our clients’ journey to the next generation of SAP software, these in-built cognitive automation capabilities will help in driving enhanced productivity and improved accuracy across business processes, in a predictive manner.”

Rohit Adlakha, Vice President and Global Head, Wipro HOLMES and Automation Ecosystem, Wipro Limited said, “Wipro HOLMES is a strategic asset in our AI and automation services portfolio. The launch of our automaton services is emblematic of a paradigm shift in automation services being offered to clients, which go beyond the boundaries of traditional platforms and applications. Additionally, it is reflective of our strategic commitment to Wipro’s long-term alliance with SAP to jointly build solutions and use cases on the latest SAP software. This also strengthens our AI and automation ecosystem to deliver efficiency, effectiveness and an improved user experience for clients in their automation journey.”

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 160,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

Forward-looking and Cautionary Statements

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

##

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices.
All other product and service names mentioned are the trademarks of their respective companies.

McLaren Technology Group Announces Wipro as New Official Technology Partner

McLaren Technology Group and Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, today announced that Wipro has become the official technology provider to McLaren Technology Group to help drive digitalisation across its businesses.

Wipro will assist McLaren with achieving its recently defined IT strategy, focusing on providing next-generation differentiated IT services to its business divisions with an emphasis on agility and improved reliability.

As part of this multi-year partnership, Wipro will leverage the Wipro HOLMESTM artificial intelligence platform and its next-generation managed services framework to offer flexibility and boost the productivity of McLaren’s fast growing automotive and high-tech businesses.

Craig Charlton, Chief Information Officer, McLaren Technology Group said, “We are passionate about delivering high performance digital solutions underpinned by robust SLAs across McLaren. Wipro, with its deep domain expertise and vast application services portfolio, will help us achieve excellence as well as drive innovation in Artificial Intelligence.”

N S Bala, President – Manufacturing & Technology, Wipro Limited added, “Digitalisation is a great opportunity for renowned brands like McLaren to reimagine and redesign their products and services from their customer’s perspective. We are delighted to partner with McLaren Technology Group to bring this strategic initiative to life, enabling organisation-wide disruptive innovation.”

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 160,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

About McLaren Technology Group

McLaren is synonymous with the highest levels of performance. Since its foundation in 1963, McLaren has been a pioneer and innovator. In the competitive world of Formula 1, McLaren has forged a formidable reputation, having won 20 world championships and over 180 races.

Over the past decade, the McLaren brand has been further enhanced through the development of an elite, high performance sports car business, supported by a global retail network, and vehicles described as ‘game changing’.

Most recently, McLaren Technology Group, via the McLaren Applied Technologies business, has expanded its reach and influence – partnering with leading organisations to develop breakthrough solutions in areas as diverse as manufacturing, sport, healthcare and financial services.

Each of these businesses contributes to the ever-increasing value of the McLaren brand, and its reputation for excellence.

Forward-looking and Cautionary Statements

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

DIVINERGY To Display Its Solar Technology Expertise at Renewable Energy India 2017

Divine New Energy (DIVINERGY) will be attending the 11th Renewable Energy India (REI) Expo in New Delhi, which is being held from September 20th to 22nd. REI is recognized as one of the leading events serving the renewable energy industry.

Daniel Liu, Chief Executive Officer of DIVINERGY stated, “We’re excited to be attending the Renewable Energy India Expo. It presents a great opportunity for DIVINERGY to display and showcase our innovative solar products within the Indian Market. Over 300 million people in India don’t have access to the electricity grid and are living in complete darkness, DIVINERGY will work to empower lives through our clean, safe, and affordable off-grid solar solutions. And we are always excited to enter mutually-beneficial partnerships with local companies.”

DIVINERGY will have its displays in Hall 11 booth numbers 11.126a-11.126d. Showcased products including the latest off-grid lighting solution which has achieved major breakthroughs in solar and battery technology development, with incredible 400 hours lighting time by just single charge, battery back-up with up to 700 days of standby time, and hardware durability that lasts 5 or more years.

As a leading provider of off-grid solar solutions, DIVINERGY is also implementing a strategy to expand its international presence. Setting up a branch office Man Energy LLC in Dubai, and a strategic partnership with Blue Origin Solar LLC in the U.S. These initiatives provide additional opportunities to expand its reach into the UAE and North America. DIVINERGY takes an active role in the global trade activity, including attending the “Cruising Exhibition of Economic & Cultural Cooperation Along the Belt & Road,” sailing to 3 countries of the Baltic Sea – EstoniaLatvia and Lithuania from Sept 10th to 17th, Canton fair from Oct 15th to 19th, and Thailand Lighting Fair from November 16th to 18th.

About DIVINERGY

DIVINERGY is a leading company that develops portable solar lights and solar system solutions, which are designed to provide sustainable and affordable lighting to many segments including energy-poverty areas, as well as indoor and outdoor activities.

With its proprietary technologies, DIVINERGY is working on empowering lives through clean and reliable off-grid solar products, to make the earth a better place.

For more information: www.divine-energy.com
For more product details: https://divine-energy.en.alibaba.com

SOURCE DIVINE NEW ENERGY

Brigade REAP, Asia’s First Real Estate Focused Start-up Accelerator Program, Hands Over its 2nd Cohort of Start-ups to the Real Estate Industry

Brigade REAP, an accelerator program with its key focus on the Real Estate sector, had its Handover Day of 8 start-ups in the 2nd cohort recently.

Launched in October 2016 with an intention to leverage technology, which can help in delivering greater efficiencies to the Real Estate sector, 340-plus start-ups were evaluated for Cohort 2 and after 2 rounds of intense jury selection, 8 start-ups were inducted into the program. These start-ups went through a rigorous four-month mentorship and training program before being handed over to the Real Estate industry for consumption of their products and services.

At the Handover Day of the 2nd cohort, these 8 start-ups presented their business to the audience, which included eminent developers from the Real Estate industry, Investors, HNIs, other start-up founders and top management of global corporates. The representatives of the Real Estate industry participating in the program also spoke about technologies impacting real estate which indicated the improving intervention of technology into the Real Estate sector.

Speaking on this occasion, Ms. Nirupa Shankar, Director, Brigade REAP said, “The first cohort of REAP saw success, with 3 of the 4 graduating start-ups getting funded. The 4th start-up is currently in the process of closing their funding as well. Brigade invested in QwikSpec as a lead investor along with other prominent investors. Snaptrude, which is also part of Cohort 2, is another company Brigade will be investing in, alongside other developers. We feel the Real Estate industry is opening up to tech adoption as the potential for tech to improve operational efficiency is undeniable. Our role at REAP is to ensure that the start-ups curated during the program are ready to tackle pressing issues of the industry.”

The 8 start-ups that presented at the Handover Day are:

Aap Ka Painter: A house painting solutions company that delivers a hassle-free experience by simplifying the path from inspiration to transformation of a dream home by leveraging art, science and technology.

CRE Matrix : A data analytics platform that provides information on accurate and trusted Lease & Sale transactions, Rental & Absorption projections, Asset level reports, micro-market analysis and Asset Valuation for commercial real estate.

DesignSense: A Cloud-based collaboration platform that helps real estate companies get RERA ready by connecting Project Management, Location and Engineering data with various stakeholders and customers, enabling seamless flow of information between them.

Natura: An Urban Plantscaping company that helps create easy-to-maintain green spaces resulting in breathing environments with reduced energy and construction costs.

Props {AMC}: A Real Estate Insights & Asset Monitoring platform with a single, integrated, tech platform backed by robust data and information enables, seamless, transparent and complied transactions to monitor both real estate properties and securities.

Snaptrude: An intelligence-enabled 3D Rapid Modelling for real estate that solves the design problem by automating digital designing that transforms a hand drawn sketch to a 3D BIM model.

Soukwagon.com : A one-stop B2B procurement marketplace for food and beverage businesses that helps the HORECA (Hotel, Restaurant, Catering) industry in sourcing and procurement by listing products with negotiated B2B prices on their platform.

ZeeSense: A Unified, Safety and Security solution for gated communities that solves the problem with an approach to Connect, Automate and Analyze.

The REAP accelerator is now accepting applications for the 3rd cohort and has received an overwhelming response so far.

Testimonials

This is what the start-ups have to say about the program:

Aap Ka Painter: Brigade REAP opened us up to multiple business opportunities and channels, which we wouldn’t have explored otherwise.
– Anupam Singh, Co-founder

CRE Matrix: Brigade REAP has helped us in developing Business Plan, Investor deck, Customer deck, etc.
– Abhishek Tiwari, Co-founder

Natura: REAP created a great environment for start-ups to do some thorough in-house cleaning and define a clear vision for growth.
– Abishek Thomas, Co-founder

Props {AMC}: The program gave me a 360-degree canvas to lay my strategy in a sequential manner by prioritizing the important events.
– Anand Moorthy, Co-founder

Snaptrude: The program has enabled us to transform a ‘good to have’ product to a ‘must have’ solution for the industry.
– Altaf Ganihar, Co-founder

Soukwagon.com: Brigade REAP helped us in rethinking and redefining our value proposition to our customers.
– Jimmy Kuruvila, Co-founder

ZeeSense: The mentor team at REAP repurposed our Value Proposition, sharpened our GTM strategy and made us to focus on key aspects of business development.
– Venkatesh VRV, Co-founder

AirZaar: REAP gave AirZaar a strong environment to learn directly from customers and land a POC with Brigade.
– Ravi Sahoo, Co-founder

QwikSpec: The domain and scale-up expertise of the mentors have been of great value to get our company and product offering ready for the next level of scale.
– Ajith Alexander, Co-founder

PParke: Brigade REAP has helped us exponentially grow our business revenue by 3.5x over the last 12 months. This is certainly a program for serious entrepreneurs interested in learning how to grow successful businesses.
– Shampa Ganguly, Co-founder

About Brigade REAP

Brigade REAP is an accelerator program focused on technology start-ups whose end product/service is applicable to real estate. Be it Residential, Commercial or Hospitality they have their hands on all the streams. Their sectorial focus ranges from IoT, Nano Technology, Cleantech and Renewable Energy to Logistics and Visual Computing. The program is headed by John Kuruvilla, Chief Mentor for the program and Apul Nahata, Mentor-in-Residence. REAP has partnered with CISCO, Intel and Microsoft Accelerator as technology partners to make technology intervention better and also partnered with JLL, a professional investment management firm. For more details, log on to: http://www.brigadereap.com

Media Contact:
Rajeev Nair
rajeev@brigadereap.com
+91-9845179424
Brigade REAP

SOURCE Brigade REAP

E.A.Patil & Associates Goes Digital With MobiTask, a Task Management Mobile App From Mobify

‘MobiTask’, a task management app developed by Mobify, allows employees to track their day-to-day tasks and assign tasks to their teams, colleagues, and managers. Additionally, a feature was developed for employees to log in to the office, eradicating the need of a biometric attendance system. The app captures the location while one checks-in/checks-out, so that employees can mark their attendance in client office or when travelling. The logs from this attendance system are given to finance for payroll processing.

Mr. Ujwal Patil, Director & Partner, E.A.Patil & Associates, said, “Task management is a critical portion and most of the times what is pending is forgotten. We have more than 200 clients and our employees need to travel extensively to visit clients. Attendance module helps to track our employees’ work hours, who are consultants at clients site. Mobify suggested us not to build apps for iOS and Windows user, and they helped us with quicker alternative solutions. This saved us dollars and time. We are happy to partner with Mobify for this digital automation strategy.”

Commenting on this implementation, Technology Head – Mobify, Mr. Amit Kulkarni said, “We are extremely glad to be associated with E.A.Patil & Associates, a leading chartered accountant firm. Their vision was to go automated and digital. They used to manage tasks in an excel sheet, on an office drive. Going mobile helps employees to access it anywhere and be responsive. We have more than 100 users on this app from E.A.Patil team. This application can be used by any industry, information technology, consultancy firms, infrastructure, or even retail.”

About Mobify

Mobify focuses on two core areas of technology – mobile-apps development and data-analytics. Media moguls, Sony Music India & Middle East are currently using Mobify app & bots development platform. They have implemented MIS & Analytics with the giant conglomerate Aditya Birla Group, Retail division branded as ‘More’.

For enquiries, Mobify team can be reached at sales@mobify.bz.

Media Contact:
Mahesh Patil
mp@mobify.bz
+91-9930303707
Director
Mobify Technology Solutions Pvt. Ltd.

 

SOURCE Mobify Technology Solutions Private Limited

Wipro Joins Hyperledger to Catalyze Collaboration on Enterprise-Grade Blockchain Solutions

Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has joined Hyperledger to design and develop open source-based blockchain solutions for enterprise-grade blockchain deployments. Hyperledger is a global open source collaborative effort created to advance cross-industry blockchain technologies across sectors such as finance, banking, Internet of Things, supply chain, manufacturing and technology.

Brian Behlendorf, Executive Director, Hyperledger said, “We are excited to welcome Wipro to the Hyperledger community. Wipro brings industry-acknowledged blockchain advisory and consulting capabilities, coupled with industry solutions for specific use cases and a strong partner ecosystem to help client businesses innovate on blockchain. We look forward to Wipro’s active contribution in the Hyperledger community to share insights on blockchain use cases, technology frameworks, tools & standards, and thought leadership.”

Global customers are increasingly looking at Hyperledger to build enterprise-grade blockchain solutions for specific industry use cases. Hyperledger Fabric is a blockchain framework implementation that acts as a foundation for developing applications or solutions with a modular architecture. Wipro’s Blockchain Innovation Lab has developed several industry solutions on Hyperledger Fabric such as Tri- party collateral management, Air worthiness certificate tracking, Trade Finance and Loyalty Rewards Management. Wipro is also developing technology competency on Hyperledger through internal bootcamps and partner-led training sessions.

Krishnakumar N Menon, Vice President, Service Transformation, Wipro Limited said, “We are excited about joining Hyperledger and look forward to working closely with the Hyperledger community to catalyze blockchain adoption for global enterprises. Our customers are increasingly looking at Hyperledger to build enterprise-grade blockchain solutions for specific industry use-cases. Additionally, Wipro’s open source services, expertise and solutions add value to our Hyperledger-based blockchain offerings. We look forward to investing in crowdsourced innovation and open collaboration as part of our efforts in the Hyperledger community.”

Wipro has identified blockchain as one of the strategic client themes to drive digital innovations and transformation across the enterprise. Wipro’s thought-to-finish blockchain offerings cover advisory and consulting, Blockchain Innovation Lab (as a service), blockchain application development and constructing blockchain networks. As part of the Wipro’s Blockchain CoE (Center of Excellence), Wipro develops industry solutions, blockchain assets & frameworks and an IP portfolio. Wipro helps clients experiment, deploy proof-of-concepts on blockchain technologies, and incrementally expand to scale-to-production releases. Click here to know more. 

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 160,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

Forward-looking and Cautionary Statements

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

Trivitron’s Labsystems Diagnostics and Baebies, Join Hands to Place Innovative Newborn Screening Globally

Trivitron’s Labsystems Diagnostics Oy, a company that manufactures and develops high quality diagnostic tests for clinical laboratories and doctors, announced their collaboration with Baebies, a company focused on advancing newborn screening (NBS) and pediatric testing. September being the Newborn Screening awareness month, both the companies which are expert in innovative newborn screening products and services, have declared a joint bilateral distribution agreement to deliver a wider range of NBS solutions across several global markets.

Making a mark in their field and expanding their horizon, Baebies, a US based organization, will distribute Labsystems’ newborn screening products in the U.S. after obtaining regulatory clearance, while Labsystems will distribute Baebies’ SEEKER® platform internationally.

India has made significant improvements in detecting newborn diseases. Various initiatives for newborn screening programs have helped in developing the market, which has led to increase in awareness around newborn health. Government of India largely recommends for active New Born Screening across the country and individual states have to implement the New Born Screening Program in the respective states.

Trivitron’s Labsystems Diagnostics Oy, manufactures and develops high-quality diagnostic tests for clinical laboratories and doctors. Labsystems Diagnostics is a global leader in the field of newborn screening solutions with a complete range of neonatal screening test. NeoMass AAAC kit from Labsystems is used with Tandem Mass Spectrometry to detect concentrations of amino acids, free carnitine, acylcarnitines, succinylacetone and argininosuccinic acid.

“We are thrilled to add the SEEKER platform to our suite of newborn screening products. Overall this partnership will greatly benefit newborn screening labs across the world by providing a more comprehensive menu of newborn screening solutions for multiple types of assays,” said Nikhil Bedekar, President of Labsystems Diagnostics Oy. 

“At this time, our newborn screening customers have only a single solution for many of their newborn screening tests. This exciting partnership allows us to offer the latest solutions and to provide a comprehensive offering to our growing customer base,” said Richard West, Co-founder and CEO of Baebies.

Labsystems and Baebies will be exhibiting together at the upcoming APHL Newborn Screening and Genetic Testing Symposium during September 10-13 in New Orleans, USA.

About Trivitron Healthcare

Labsystems Diagnostics is a subsidiary of Trivitron Healthcare Group, a globally acclaimed Medical technology solution company. Trivitron Healthcare strives to make healthcare technology accessible to all. Trivitron Healthcare offers solutions in In-Vitro Diagnostics, Newborn Screening, Imaging & Radiology, Radiology protection, OR, ICU, Renal care and Healthcare services.

Labsystems has been a forerunner in innovative diagnostic research and development for over the last 35+ years. Labsystems Diagnostics is committed to develop high-quality diagnostic solutions for clinical and research laboratories, and for consumer use. The company is dedicated to R&D investment, with highly qualified personnel and state of the art production. A highly rigorous quality system and CE-marked products ensure sustainable quality of the products. These assets combined with efficient customer support have meant long term customer satisfaction and a solid reputation for success. With 35+ years of experience, Labsystems Diagnostics has been a key pioneer in IVD and Newborn screening space.

For more information: www.trivitron.com | www.labsystemsdx.com

Construction Boom Boosts Adoption of Bituminous Waterproofing Membranes in India

The waterproofing solutions market in India is witnessing a period of robust double-digit growth. The Government of India’s mandate to expand the nation’s infrastructure, a thriving construction industry, growing awareness of modern building methods and quality mandates are factors driving the adoption and use. Of the total waterproofing solutions for infrastructure projects, 46% use bituminous solutions with atactic polypropylene (APP) and styrene butadiene styrene (SBS) membrane solutions, together holding 71% market share.

Frost & Sullivan’s “Indian Bituminous Waterproofing Membranes Market, 2017” finds that APP waterproofing membranes hold the largest segment with 54% of the market in 2015, while SBS waterproofing membranes are the fastest-growing segment with a compound annual growth rate of 22% through 2020. The analysis provides a strategic overview of the waterproofing membrane market in India with a specific focus on bituminous waterproofing. The study throws light on the current and expected market developments, drivers, restraints, and revenue forecasts across major end-user types and sub-types.

To access more information on this analysis, please click here.

“Apply and supply models and mechanization of waterproofing installations are expected to bring about stronger warranties in the waterproofing space,” noted Govind Ramakrishnan, Consultant, Visionary Science (Chemicals, Materials & Foods) Practice, Frost & Sullivan. “Companies will shift from being material suppliers to one-stop waterproofing service providers and look to monetize application services as a critical revenue stream.”

Strategic imperatives for growth in the bituminous waterproofing membrane market include:

  • Focusing on APP and SBS membranes to provide greater revenue opportunities and higher margins;
  • Targeting the infrastructure space for premium long-term projects;
  • Providing application support services to key clients to differentiate product offerings;
  • Focusing on research and development for superior products and to combat the threat of substitutes;
  • Earmarking the industrial and home and building spaces for medium-term targets and quick wins;
  • Building strong relationships with channel partners and influencers in the value chain;
  • Increasing awareness of products and educating consumers on the benefits of waterproofing; and
  • Lobbying for regulations mandating waterproofing solutions across the key target bases.

“The current penetration of preventive waterproofing is less than 20% of the total potential. While this indicates immense growth opportunities, the market is characterized by a lack of end-user awareness about the need and benefits of preventive waterproofing,” noted Ramakrishnan. “Even where there is some awareness, there is a preference for cheaper conventional methods that do not provide adequate protection.”

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Website: http://ww2.frost.com

Twitter: @Frost_Sullivan
Facebook: http://www.facebook.com/frostandsullivan
LinkedIn: https://www.linkedin.com/company-beta/4506/

India’s No. 1 Tech Platform Gadgets 360 Jumps to No. 11 in World Rankings

Website traffic hits new heights: Records more than 40 million unique visitors in August’17 [Source: Google Analytics]

Gadgets 360India’s largest platform for gadget news, reviews and shopping, has now achieved a monthly traffic of more than 40 million unique visitors and has seen a 41% YOY increase in unique visitors for the month Aug, 2017 in comparison to Aug, 2016. Gadgets 360, with these commendable numbers, now becomes one of the first technology platforms to achieve this feat.

Moreover, as per latest figures from analytics firm SimilarWeb, Gadgets 360 is ranked No. 11 in the world in terms of visitors leaving behind popular tech platforms like Techcrunch, Engadget, Wired and many others.

Maharashtra brings the largest traffic which is close to 16% of the unique visitors with Mumbai and Pune being the leading cities. This is followed by New Delhi bringing in around 14% and Karnataka with 10% traffic brought to the website.

“The fact that over 40 million people look towards us in helping them make buying decisions is a responsibility we take very seriously. From in-depth product reviews, to YouTube content that far exceeds production quality of the competition, and podcasts – Orbital and Transition, which are unrivalled in the Indian tech space – the Gadgets 360 editorial team sets the standards with everything that they do. The fact that we are backed by the best technology team in business makes our lives that much easier,”said Kunal Dua, Editor-in-Chief, Gadgets 360.

Emerging as one of the top technology platform in the world, Gadgets 360 continues to leverage its content, technology and its deep understanding of its consumer’s needs. This provides aid to people from around the country for all their gadget needs. The tech-focused publisher has widened its editorial focus past tech news and consumer gadget reviews – and has successfully launched:

  • Pricee.com – India’s first ‘search engine for shopping’ which aggregates over 80 million products across all categories (apparel, books, electronics, FMCG, appliances, sports equipment, etc.) from leading e-commerce stores including Amazon.in, Flipkart, Snapdeal, Paytm, Infibeam, TataCliq and more in India. It is based on search algorithms built on top of Machine Learning to deliver fast and accurate results. Quality and ranking of search results are driven by Artificial Intelligence which becomes better as the machine indexes more data. Built like a search engine and not a comparison site, the product is available on desktop, mobile and as Android and iPhone app. Multi-language option enables user to see search results in 10 different Indian languages.
  • HotDeals360.com – a unique platform that enables users to access the best deals, product recommendations, guides and tips and much more based on their dynamic usage pattern, buying preferences and requirements. It connects consumers with brands bringing an array of hand-picked deals from diverse sectors, including gadgets.

Commenting on this achievement, Hiro Mashita, Founder and Director of M&S Partnersalso a key investor for Gadgets360.com, said, “I would like to congratulate the Gadgets 360 team for becoming # 11 in the world ahead of many stellar tech platforms. It continues to prove that Gadgets360 team is always at the forefront in provide most credible content and cutting edge technology development to deliver the brand’s vision. I am delighted to have this opportunity to wish them all the best for their future endeavours.”

About Gadgets 360

Gadgets 360 is India’s largest platform for gadget news, reviews and shopping. The website with over 100 million page views is the most trustworthy destination for all gadget admirers. With over 8 lac followers on Facebook and 2.5 lac+ followers on Twitter, Gadgets 360 is one of the most popular technology platforms in India. Gadgets 360; with more than 60 million monthly visitors is way ahead of its competitors in India and hence, the organization has been recognized for its efforts through many awards and accolades.

Website link – http://gadgets.ndtv.com/.

Press contact:
PR Pundit:
Arun Mittal
+91-1244229300
arun.m@prpundit.com

Shriya Yadav
+91-9971230399
shriya.y@prpundit.com

SOURCE Gadgets 360

Zillonlife Inspires its Distributors from Across the Country to Excel in the Spirit of Entrepreneurship

  • Independent Business Consultants from across the country attended the Z-Fest 2017 which underlines Zillonlife’s commitment to become one of the largest home security and lifestyle companies in India.
  • The company has forayed into the healthcare segment with the launch of air purifier and honey.

Zillonlife, an Indian home security and lifestyle company, has concluded its first annual festival, Z-Fest 2017, held in Goa, to a rousing reception. The training and development event curated by the company successfully inspired Zillonlife’s IBCs to excel in the spirit of entrepreneurship.

Z-Fest also witnessed the successful launch of two new product lines in the healthcare segment. Air Purifier was launched under the company’s flagship Lifecorder brand, while Premium Natural Honey was launched as a brand extension of Sierra Brew. Commenting on the new products launched, Anubhav Bhatia, Head of Sales & Marketing, Zillonlife, said, “Our new line of products embodies bringing positive lifestyle changes. The rate at which urban air pollution has grown across India is alarming. At the same time, our immunity levels have gone down. Since people spend 80% of their time indoors, our Air Purifier will allow them to reduce the level of contaminants and improve the quality of air indoors. With the introduction of our healthcare range of products to the Indian market, we aim to contribute to public health in a positive way.”

Market sources estimate the air purifier market in India to be around INR 120 crore, with a near 35 percent annual growth rate.

The domestic honey market, on the other hand, is estimated at INR 700 crore, growing at 15-20 percent annually.

The two innovative product lines launched resonates well with the young and dynamic IBCs of the company who want to lead a healthy lifestyle and get more out of each day.

Lifecorder Health Pure Air Purifier has a combination of the best air filters for most effective purification:

Pre Filter: For large particles, hair and dust
Activated Charcoal: Protects you from chemicals, organic compounds and odour
HEPA filter: For harmful particles including PM 2.5
Ioniser: Ionises air to further remove harmful particles

Features:
Air quality sensor: Real time monitor with level indicator
Composite filter: For 360 degree protection
Touch button, function display on LED screen
Speed: Auto, Low, Normal, High
Timer: 1h, 2h, 4h, 8h
Negative ion
Sleep mode
Filter replacement indicator

One of the highlights of the event was about showcasing the potential of direct sales in India. In this age of globalization, advancements in information technology and increased connectivity, the realm of marketing has undergone a sea change. Indian direct selling market still has a long way to go compared to our western counterparts, and the best is yet to come. Apart from the minimum cost and low risk involved in direct selling, the popularity of this model stems from the fact that the people engaged in direct sales are able to provide a personal touch to their interactions with customers. There is no prerequisite for formal qualifications and provides tremendous flexibility of working hours. In a sense, direct sellers are new age entrepreneurs and their own bosses. In the wake of the growth of the industry and to cater to the company’s distributors and customers in South India, Zillonlife recently launched its Bengaluru regional office.

About Zillonlife

Zillonlife Global is a young and vibrant direct sales company that aims to provide good quality premium products at affordable prices. The product line caters to security, surveillance, lifestyle and healthcare buyers through its E-commerce platform, highly experienced team, agile warehouse systems and state of the art customer care centre. Zillonlife Global Pvt. Ltd., headquartered in New Delhi has a widespread after sales service and installation support for pan India. Zillonlife is an ISO 9001: 2015 certified company and its products are manufactured in GMP certified facilities.

SEO Tech Experts has Been Awarded as ‘The Most Promising Digital Marketing Agency in Delhi/NCR 2017’

Founded in 2009, SEO Tech Experts is known as the leading Digital Marketing Agency in Delhi/NCR region, serving across Indiawith its valuable and diligent web services.

In July 2017, SEO Tech Experts has been nominated in the category of ‘Leading Brand’ by ‘The Rising Leadership Awards 2017’. On 21st July 2017, SEO Tech Experts received the award for ‘The Most Promising Digital Marketing Agency in Delhi/NCR 2017 in Hard Rock Hotel, Goa. Mr. Sachin Gupta, Managing Director of the company has been honoured with the prestigious award by the most popular Indian Celebrity ‘Ms. Karishma Kapoor‘ in an event organised by APS Research & Media Company.

The Rising Leadership Awards is aimed to encourage the SMEs and dynamic entrepreneurs related to IT Business, Hospitality, Real Estate, Healthcare, Education and other sectors. It is an Asia level awards platform aimed to recognise highly motivated youth professionals and experts in their respective arena. Every start-up dealing in the web domain strives for these types of recognition and SEO Tech Experts is delighted to receive this award.

Dealing with the ever increasing competition is not so easy and SEO Tech Experts feels proud to have such recognition in the form of ‘The Most Promising Digital Marketing Agency in Delhi/NCR 2017′. Getting an award is also a way to communicate the relevant information to the existing and upcoming clients. SEO Tech Experts works on set parameters to offer comprehensive web services at competitive prices without losing the quality standards.

Sachin Gupta added, 2017 has been a great year for me and I am very glad to receive the award on behalf of SEO Tech Experts and Team for their collective efforts. Our real success depends on the success of our happy clients and their growth. In this growing digital sphere, we are looking forward to the upcoming challenges and solutions thereof. We make every possible effort to deliver desired results to our respective clients.

SEO Tech Experts which started as a SEO Company, has also evolved in many of the web services like Website Designing, Development, Social Media Marketing, PPC or Google Adwords, Online Reputation Management & Branding. Many of the corporate sectors and e-commerce companies are inviting Sachin Gupta to offer SEO Consultancy guidance. To create awareness towards digitalization across India, SEO Tech Experts has been arranging workshops and live projects training session for freshers, job seekers and corporates.

Since its inception, SEO Tech Experts is primarily focusing on high-quality services, ethical modules, result-oriented efforts and eternal communication with the clients. Its extensive reporting system and strategical activities consecutively make it different from the other digital marketing agencies in India.

About SEO Tech Experts

SEO Tech Experts is one of the renowned Professional Digital Marketing Agencies in India offering unique SEO, SMO, PPC, Web Designing, Hosting, ORM, SEO Consultancy Services. The company has launched its training modules to deliver practical exposure towards WordPress Website designing and Digital marketing promotion. SEO Tech Experts strive for the happy clients and works to achieve top ten rankings to drive traffic and maximum ROI.

Website: http://www.seotechexperts.com

Media Contact:
Shilpi Gupta
shilpi@seotechexperts.com
+91-9718260005
SEO Tech Experts

 

SOURCE SEO Tech Experts

NuernbergMesse to Organize it-sa India in May, 2018

The first Indian edition of it-sa, the internationally-renowned IT security exhibition, will be held in Mumbai from 24-25 May, 2018.

Conceived of as a platform for IT security experts from India and other countries of the sub-continent, the expo and conference is based on the growing realization that the need for IT security goes hand-in-hand with the growth of digitalization.

Dr. Roland Fleck, CEO of the NürnbergMesse Group, organizer of the expo and conference, believes that the new event is the next logical step in NürnbergMesse’s strategy of internationalization, “The market for IT security is developing apace in South Asia, just as it is elsewhere. In view of the skills we have developed with the leading European exhibition, it-sa in Nuremberg, it makes sense to expand our presence in one of the most important industry centers for IT security.”

Adds Peter Ottmann, CEO, NürnbergMesse Group, “As an organizer with a global ambit, we are adapting existing trade fair strategies to suit the needs of growth markets. Our success in Europe gives us the encouragement to expand our portfolio to include a new member to the it-sa product family. Current developments in the area of IT security will provide the necessary momentum to the event.”

According to a study by IT research entity Gartner, the IT security market in India has grown by 10.71% from $1.12 billion in 2016 to $1.24 billion in 2017. Globalization and the opening of the market are the key drivers. Because of the increase in digital and online data, measures to protect against cyber criminality are growing in importance. As a result, 93% of India’s CISOs (Chief Information Security Officers) plan to offer more training for their employees.

Vishal Jain, Partner, Risk Advisory, Deloitte India, describes the necessity of the upcoming it-sa India for the sector, “As we rapidly progress towards a digital ecosystem and expand our scope of disruption, we need to strengthen the security infrastructure against unwarranted risks and exposure. Security is no longer an option but has become an imperative because cyber threats are a concern for the entire ecosystem. We believe that the solutions should work intelligently as an integrated adaptive system to offer a protection process for advanced threats. Through our innovation and collaboration with industry stakeholders we aim to address these key areas of security while exploring distinct opportunities through digital transformation.”

Sajid Desai, CEO, NürnbergMesse India, is looking forward to the opportunities it-sa will provide. He said, “The use of IT in new niche areas is leading to the growth of India’s entire IT sector. With increasing pressure from the government to expand the process of digitalization, the subject of IT security is becoming indispensable, and plays a key part in the overall digital arsenal. That’s why the best time for us to bring it-sa to India is right now.”

A platform for IT security

it-sa India will provide a platform for direct exchanges between the decision-makers of the industry. It will draw on the successful strategy adopted by it-sa in Nuremberg, Europe’s largest IT security exhibition. At the same time, it will address topics of interest to the Asian market.

This is also echoed by Frank Venjakob, Executive Director, it-sa, “Our expertise and the work we have done with our colleagues in India have helped us to evolve an ideal strategy. Backed by the interlinkage within the it-sa product family, we provide the essential knowledge of the market and the customer base.”

A top-quality conference programme will complement the exhibition. One of the highlights of the event will be the Start-Up Zone, a stage for India’s new start-up scene. By focusing exclusively on IT security solutions, both the exhibition and the conference programme will reflect the trends in the industry. it-sa India will thus serve as a meeting place of the industry for personal exchanges between the relevant players in IT security.

About the NürnbergMesse Group:

NürnbergMesse is one of the 15 largest exhibition companies in the world. Its portfolio covers some 120 national and international exhibitions and congresses, and approximately 40 sponsored pavilions at Nuremberg and worldwide. Every year, over 30,000 exhibitors (international share: 41%) and upto 1.4 million visitors (international share of trade visitors: 24%) participate in the own, partner and guest events of the NürnbergMesse Group, which is present with subsidiaries in ChinaNorth AmericaBrazilItalyand India. The group also has a network of about 50 representatives operating in over 100 countries.

Media Contact:
Apurba Biswas
Marketing Manager
NbergMesse India Pvt. Ltd
apurba.biswas@nm-india.com
+91-9769051748

 

SOURCE NuernbergMesse Group

Kirtilals Goes Online to Make Diamond Jewellery Shopping an Enriching Experience

Kirtilals, India’s premium diamond jewellery brand launched its e-commerce store www.kirtilals.com to reach out to the new age women who are looking for convenient shopping at a click. The website offers user-friendly shopping platform for both new and regular jewellery shoppers.

The online platform is designed to enhance the shopping experience and caters to all the jewellery requirement of its consumers. ‘Try in Store’ option is available in the website, where in the customers can try the jewellery in person which they have browsed on Kirtilals.com.

One can check out the finest diamond jewellery including diamond ringsearringspendants, bangles, necklaces and accessories exclusively from kirtilals.com. Designs are curated keeping office goers and millennials in mind. The jewellery is priced starting from Rs. 9000 onwards.

On Kirtilals.com, one can access exclusive collection like ‘Noor‘ and ‘Third Dimension‘. ‘Noor’ is inspired by the Mughal architecture and crafted with bright and colorful gemstones that will add character to the ensemble. ‘Third dimension’ is a collection conceptualized and developed in-house which illustrates the three dimensionality of the jewellery.

Speaking on the launch, Mr. Suraj Shantakumar, Director- Business Strategy said, “The new age women prefer to wear the latest trends and designs. We are much excited to launch the online Kirtilals store to reach out to this segment of consumers who love to shop online and wear jewellery to make a style statement. Besides the design, we are focused on offering best customer support and are looking at other features to enrich shopping experience of our esteemed consumers.”

About Kirtilals:

Kirtilals is a premium diamond and gold jewellery brand. Kirtilal Kalidas Jewellers Pvt Ltd is operating under the brand name ‘Kirtilals’ across south India with 11 exclusive showrooms, along with its online store www.kirtilals.com. Kirtilals is the first jewellery brand to be certified by ISO 9001: 2008 in both retail and manufacturing units. The brand has its flagship store in Coimbatore and has a legacy of more than 78 years of operations with more than 3,00,000 customers which are spread over five continents. The brand is present at Coimbatore | Chennai | Madurai | Tirupur | Kochi | Bengaluru | Hyderabad | Vijayawada | Visakhapatnam.

Media Contact:
Vijay Kumar
Hiveminds innovative market solutions
chinni.vijay@hiveminds.in
+91-7795115239

SOURCE Kirtilals

ISHRAE, the Indian Society of Heating, Refrigerating and Air Conditioning Engineers, Attests the Importance of HVAC Industry in the Healthcare Sector

The healthcare sector poised to be one of the primary growth engines for social and economic development of the country. With healthcare services becoming more sophisticated, the demand for a comprehensive, reliable and energy efficient healthcare infrastructure is of utmost importance. The intrinsic complexity of the healthcare ecosystem today is more significant given the strides made by the sector over the past decade. It is thus important to assert the role of HVAC industry in the modern day health care environment.

The quantum of energy used in healthcare institution by long-established aspects such as Heating, Ventilating and Air Conditioning systems sums upto 40% of the entire building energy utilization. It also accounts for a massive amount of detrimental discharge released into the surroundings. Efficient maintenance of HVAC systems is crucial when it comes to maintaining indoor air quality or IAQ in healthcare facilities where infection control and cross contamination are among the concerns. From building automation in healthcare facilities to the operation and maintenance of HVAC systems, the co-dependence of the two industries cannot be gone unnoticed.

Mr. Seshadri T.R., President Chennai Chapter – ISHRAE, said – “The healthcare sector is poised to be one of the primary growth engines for development in the 21st century. The modern day healthcare infrastructure demands creation of controlled environments, where medical procedures can be performed to perfection and the HVAC industry plays a very important role in achieving it. These are exciting times for our community to innovate and rise to the challenges posed by the medical fraternity.”

Speaking on the occasion, Mr. N. Vaidyanathan, Chairman – AcreHealth, said “It is hard to think of an engineering project with higher standards than a healthcare facility. In this case, a successfully designed and installed system can be a matter of life and death. With impeccable innovations and technologies, we at ISHRAE, we do what we can to impact this industry in the most positive way possible.”

Designing an HVAC system for health care, requires precise information to meet the increased design complexity of these facilities. The right approach towards achieving this is truly multi-disciplinary, involving professionals with a clinical background to build robust and sustainable systems that are ahead of its times. With most of the medical costs in India being borne privately, cost innovation is also crucial for delivering viable quality solutions in this domain. Therefore, HVAC Engineers need to be truly multi-disciplinary in their understanding to be able to successfully deliver the engineering needs of such an important facility.

A special message was shared by, Mr. Shankar Rajasekaran, Convener – AcreHealth – “The level of intricacy involved in a healthcare facility design is astounding. Designing a HVAC system for health care, requires complete information to meet the increased design complexity of these facilitiesAs a flag bearer for the HVAC industry, ISHRAE recognizes the importance and opportunity of this segment and strives to facilitate practices and designs that will in turn help facilitate the best.”

Not only has technology evolved, but so have the bacteria and viruses. Given that the HVAC (Heating, Ventilation and Air-Conditioning) industry plays a very integral part in the advancements observed in the healthcare industry, it is imperative to keep up with the times and go beyond the call of duty to transform the space into a next generation healthcare facility.

About ISHRAE

The Indian Society of Heating, Refrigerating and Air Conditioning Engineers (ISHRAE) is an international associate of ASHRAE and was founded in 1981 at New Delhi by a group of eminent HVAC&R professionals. The main objective of ISHRAE was to promote the heating, ventilation, air-conditioning and refrigeration (HVAC&R) industry in India. ISHRAE today has more than 12,000 HVAC&R professionals as members and additionally there are 7,500 Student-members. ISHRAE operates from 41 Chapters and sub Chapters spread all over India, with HQ in Delhi. It is led by a team of elected officers, who are members of the Society, working on a voluntary basis, and collectively called the Board of Governors.

Onward Technologies Enters into a Partnership with Dassault Systèmes Business Transformation Channel

Onward Technologies has entered into a partnership with Dassault Systèmes India Business Transformation channel to accelerate the adoption of Dassault Systèmes portfolio of applications and industry solution experiences based on the 3DEXPERIENCE platform in the Indian sub-continent market. The agreement will enable Onward Technologies to expand its offerings from engineering services to industry solutions.

Jigar Mehta, Managing Director, Onward Technologies, said, “The partnership is a significant landmark in our transformational journey towards enabling product manufacturers to deliver engaging digital experiences. With specialization in product engineering, manufacturing engineering, simulation engineering and PLM, we truly enhance our value proposition by complimenting the 3DEXPERIENCE platform from Dassault Systèmes. With this association, we further plan to deepen our penetration in a wide spectrum of industries, including Automotive, Off-Highway, Aerospace, Industrial Equipment, Consumer and Healthcare sectors.”

Sharing his views on the partnership with Onward Technologies, Samson Khaou, Managing Director – India, Dassault Systèmes said, “We are delighted to partner with Onward Technologies, a leading global player in Mechanical Engineering Design and IT consulting. We are dedicated to help our customers become more competitive and this partnership will further strengthen our commitment to grow our enterprise business under the Dassault Systèmes Business Transformation channel. Onward has the technology know-how and width and depth in the market to accelerate our customers’ adoption of the 3DEXPERIENCE platform.”

About Onward Technologies

Onward Technologies Limited is a global player in Mechanical Engineering Design Services and IT consulting services. The Company offers a range of engineering design services including product design, engineering analysis, engineering documentation and maintenance, and manufacturing solutions for automotive, off highway, aerospace, industrial equipment and consumer goods. With its footprints in India, North America, Germany and UK, the Company’s global design and delivery centres have grown to 2500+ employees servicing Fortune 1000 companies.

The Company is listed on the following stock exchanges under the ISIN INE 229A01017:
BSE Limited: Scrip Code: 517536
National Stock Exchange of India Limited: Scrip Code: ONWARDTEC

For more information, please contact: info@onwardgroup.com

The Second Edition of American Express CEO Series 2017 to Bring in Chef George Calombaris to India

The first edition of CEO series witnessed a phenomenal success with the crème de la crème from the Indian business, finance, media, and technology communities in attendance to relish a night of luxury combined with an extravagant culinary experience curated by Celebrity Chef Gary Mehigan of MasterChef Australia fame. The preparations for the second edition of American Express CEO series have gotten off to a flying start promising nothing less than sheer excellence. American Express CEO Series are set of exceptional social dinners exclusively for top executives of multi-billion dollar organizations to enable social interactions outside of boardrooms, setting in motion the opportunity to build powerful alliances and valuable friendships. This year, American Express CEO Series will be showcased in Delhi and Mumbai on 16th and 17th September respectively and will be attended by over 100 top notch executives.

The highlight of the second edition will be an extravagant gastronomic spread curated by Celebrity Chef George Calombaris, one of Australia’s top chef, restaurateur, and co-judge of the incredible popular MasterChef Australia. The seven course menu designed for this bespoke dinner promises to transport the invited guests to the blessed land of the sun, the seas, and the olive trees.

Speaking on this novel concept, Ms. Sapna M Vats, Director – Luxury Marketing & Special Events at Evolve says, “The first edition of CEO series was a huge success and it is an impressive feat achieved by my team. The success has inspired me to take my idea forward – the opportunity of bringing so many impressive and creative top executives together to build peer relationships and explore opportunities manifold. It is my distinct pleasure to curate a night where we witness the amalgamation of luxury and power under one roof.”

According to Mr. Manoj Adlakha, CEO, American Express Banking Corp., India, “At American Express, we are passionate about delighting our customers and making their experiences memorable. Many of our Card members are food connoisseurs and we curate events for them to treat their culinary senses. We are pleased to present a one of its kind CEO series for the second consecutive year and really looking forward to taking top boardroom executives on a Greek inspired gastronomical journey with Chef George Calombaris!”

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Wipro Recognised with Citrix Partner of the Year – India Award

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, announced that it has won the Citrix Partner of the Year – India, award. The award is in recognition of Wipro’s efforts in delivering best-in-class work-place digitalization solutions, in line with customers’ evolving needs during the calendar year 2016.

The award recognizes the top performing Citrix partner in India, based on their contribution to revenue, year-on-year growth, strategic wins, sales engagement and technical certifications.

Wipro’s global experience in delivering end-to-end IT solutions complements the Citrix technology portfolio. Wipro and Citrix are working together to deliver an end-to-end, standardized and integrated portfolio of work-place digitalization services such as Workspace-as-a-Service, application delivery, virtualization, mobility, network delivery and file sharing solutions to enterprises.

Kiran Desai, Senior Vice President, Global Infrastructure Services, Wipro Limited said, “This recognition demonstrates Wipro’s leadership position in the work-place digitalization space, driven by desktop virtualization and application virtualization technologies, offered in an ‘as-a-service’ model in India and the greater APAC region. Working with Citrix is a key element of our value proposition in this space. We look forward to continue boosting the productivity of enterprises by modernizing their work-place technology infrastructure.”

“We congratulate Wipro on winning the Citrix Partner of the Year – India award. The company has demonstrated an outstanding level of innovation in delivering proven Citrix-based solutions to address their customers’ critical business challenges. This achievement is a testament to Wipro’s consistent excellence in delivering solutions that drive real business value and results for their customers,” said Eklavya Bhave, Head – Partner Strategy & Sales for the India and SAARC region, Citrix. 

Wipro offers comprehensive work space solutions under its Wipro LiVE WorkspaceTM and Wipro VirtuaDeskTM offerings. This includes integration of superior software and hardware technology with various Information Technology Infrastructure Library (ITIL) tools to deliver high performance, cost efficient, highly secure and cloud-ready work space solutions.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 160,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

Forward-looking and Cautionary Statements

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

QuEST Global Joins Hands With Siemens to Offer Digital Manufacturing Solutions

  • QuEST to strengthen digital solutions with the establishment of two Digital Factory Innovation Labs – in Bengaluru and Belgaum

QuEST Global and Siemens (ETR: SIE) have reached an agreement to build and deliver a suite of digital manufacturing solutions for customers across verticals. By adding the Siemens Digital Twin offerings, QuEST can now showcase a complete range of connected manufacturing solutions. This will be further bolstered by the establishment of two ‘Digital Factory Innovation Labs’, in Bengaluru and Belgaum, India.

Speaking at the event, Dr. Ajay A. Prabhu, Chief Operating Officer, QuEST Global said, “This partnership underlines QuEST’s continued commitment to our customers as they foray in their connected enterprise journey. We will now be able to provide comprehensive digital manufacturing solutions to marquee global manufacturers, enabling their smooth transition into Industry 4.0. Our customers will now be able to leverage the benefits of digital transformation, by virtually replicating their designs and manufacturing processes in real time. In addition to developing, testing and implementing end-to-end digital solutions, they can also validate their LEAN manufacturing ideas in our labs. We look forward to adding value and co-creating innovative solutions with our customers.”

Mr. Suman Bose, Managing Director & CEO, Siemens PLM Software India added, “Siemens is happy to partner with QuEST Global to offer the complete suite of digital manufacturing solutions built on the Siemens Digital Twin portfolio. The Digital Factory Innovation Labs will support proof-of-concepts and illustrate how enterprise-wide digitalization is transforming the global manufacturing industry. The goal is to give customers a unique environment to build and test digital solutions using the world’s most advanced PLM, Digital Manufacturing, MOM and Quality Management Solutions software technology. As the leader in providing premium engineering services, QuEST stands above all others in the industry. We look forward to a long and prosperous relationship, where we seek to enable our mutual clients drive towards their digital future.”

About QuEST Global

QuEST Global is a focused global engineering solutions provider with a proven track record of 20 years serving the product development and production engineering needs of high technology companies. A pioneer in global engineering services, QuEST is a trusted, strategic and long-term partner for many Fortune 500 companies in the Aero Engines, Aerospace & Defence, Hi-Tech & Industrial, Medical Devices, Oil & Gas, Power, and Transportation industries.

SOURCE QuEST Global

Raghunandan Money Honoured With Krishi Pragati Awards 2017 by NCDEX

National Commodity & Derivatives Exchange Limited (NCDEX), the only commodity exchange in the country promoted by national level institutions, has awarded Raghunandan Industries Pvt Ltd with Krishi Pragati Awards 2017 in an event held in Delhi on 7th September, 2017. NCDEX, which focuses primarily on derivatives trading in Agri Commodities contracts, works closely with the Government of India on various aspects of the ecosystem around agriculture and farmers. With the honour of Krishi Pragati Awards to Raghunandan Money, NCDEX has acknowledged the outstanding contribution made by Raghunandan Industries in the area of Agri Commodities.

While receiving the award from Shri Ram Vilas Paswan (Consumer Affairs, Food and Public Distribution) and Shri Arjun Ram Meghwal (Union Minister of State for Finance & Corporate Affairs), Mr Saurabh Mittal (Founder & Managing Director of Raghunandan Money) thanked the NCDEX and the Government of India and reiterated his commitment to play an even bigger role in the days to come. “The Krishi Pragati Award from NCDEX is a very special achievement for us because it doesn’t acknowledge us for turnover or being the best broker etc., rather it builds our confidence that the efforts our team, business partners and all stakeholders have been recognized for,” said Saurabh.

Raghunandan Industries, which is a part of Raghunandan Money Group, offers commodities broking services for more than a decade. Overall, the group Raghunandan Money offers a wide bouquet of financial services such as demat, equity, derivatives, currency trading, mutual funds, IPOs, corporate FDRs, life insurance, general insurance etc.

On being asked about his view on how brokerage business looks shaping up in near future, Saurabh said, “The brokerage business in some ways needs to be redefined where the customer service and technology have to take an edge. Being competitive on merely the price would no more be anybody’s USP. Competitive pricing is important but equally important is to bring the confidence in the clients or investors by delivering wow services. Since most of the new clients have decent understanding and exposure to tech, software and mobile applications, no wonder technology would soon become very important.”

About Raghunandan Money

– Established in 2004, based in Delhi with operations hub at Agra and sales HO in Noida

– Winner of Commodity Broker of the year Award by MCX exchange

– Winner of prestigious Times of India Brand Excellence Award 2015 in Financial Services

– 10+ years of success and more than 100 years of cumulative experience of the core team in financial services

– Contributing 3-4% of MCX daily turnover brings us among the top 10 brokers on MCX

– Contributing 8% of NCDEX daily turnover brings us among the top 5 brokers on NCDEX

– Among the select few brokers having Advanced CRM Technology Platforms like Talisma and Drishti

– Clocking a growth of 100% year-on-year in Equity Volumes as of May 2015

– Processing more than 1 lakh trades in Equity segment everyday

– Member of all leading exchanges – NSE, BSE, MCX-SX, MCX, NCDEX and Depository with CDSL

– IRDA approved Corporate Broker for Insurance & AMFI empanelled for mutual funds services

 

For more information, please visit: https://rmoneyindia.com

Media Contact:
Vishal Jain
Head – Customer Support
Raghunandan Industries Pvt. Ltd.
askus@rmoneyindia.com
+91-8126732180

 

SOURCE Raghunandan Industries Pvt. Ltd.

Scan, Digitize and Deliver Business Critical Information With Newgen OmniScan Web 2.0

Newgen Software, a global provider of Business Process Management (BPM), Enterprise Content Management (ECM), Customer Communication Management (CCM) and Case Management solutions, has released the latest version of OmniScan Web 2.0 which is an advanced distributed document management scanning solution for scalable high volume production environment which goes beyond content capture. It accelerates business processes by capturing information and transforming it into actionable business data. Information originating from paper and electronic documents can be effectively scanned and delivered to business applications such as ECM, BPM and ERP.

The latest version provides users with a dynamic tool which would optimize resources, save time, and boost operational proficiency of business workflows. The application streamlines the access to digital documents, derives document compliance and transforms organization’s data driven approach.

The new version speeds up the work by enabling users to rapidly react, put together all documents, deploy applications, and complete the task. This enables organizations to proliferate their growth into digitalization with powerful tools, capable of performing enterprise-wide functions smoothly.

“OmniScan Web 2.0 allows professionals to easily perform their tasks in a way compliant with organizational requirements encompassing pre-built accelerators and mechanisms,” said Diwakar Nigam, MD & CEO, Newgen Software. He added, “OmniScan Web 2.0 will enable enterprises to do resource optimization, faster document processing, high quality data output, along with mitigating information security and compliance risk.”

OmniScan Web 2.0, free from Java applet dependency, intensifies organizational effectiveness by expediting the three core areas of enterprise level information capture:

Scan – Captures information originating from multiple sources.

Digitize- Extracts data from the captured documents, analyses, classifies, validates, and ties to the right process.

Deliver – Integrates with applications ECM and BPM to ensure that information reaching these applications is relevant and of the highest quality.

This version offers broad spectrum of features including:

Intuitive User Interface: Includes Intuitive User Interface enabling the user to navigate easily through the application and access any available functionality.

PCI DSS compliance: Payment Card Industry Data Security Standard compliance for the security of the confidential information present on scanned documents.

Manual Separation of Documents: Documents can be separated whenever an exception arises logic during the verification. Furthermore, it enables associating document types if there are any documents un-attached or wrongly attached.

QR CODE Detection: QR CODE data for indexing and document separation can be extracted.

Export Service: Records processed can be exported to legacy applications automatically.

About Newgen:

Newgen Software Technologies Limited is global provider of Business Process Management (BPM), Enterprise Content Management (ECM), Customer Communication Management (CCM) and Case Management solutions with a global footprint of 1,300+ installations in over 61 countries. Newgen is accredited with large, mission-critical solutions deployed at the world’s leading banks, insurance firms, BPOs, healthcare organizations, government, telecom companies and shared service centres.

For more details, please visit: http://www.newgensoft.com

Media Contact:
Asif Khan
Corporate Marketing
Newgen Software Technologies Limited
asif.khan@newgensoft.com
+91-9810815767

 

SOURCE Newgen Software Technologies Limited

SelfDrive.ae Goes Live With 2000 Cars in UAE; Becomes First Indian Car Rental Company to Make Overseas Foray

India’s SelfDrive.in, a subsidiary of Pinewoods Service Corporation, announced the launch of SelfDrive.ae, across seven Emirates in UAE. With this expansion, SelfDrive.in becomes the first Indian Self-drive car rental company to kick-start operations outside of India with a fleet of 2000 cars across UAE and expanding to the neighbouring countries covering the major GCC region.

The company has launched the service with a fleet of 2000 cars with an option to select from over 35 different car models and aim to serve a wide section of customers by introducing services like ‘Express Booking’ for Quick Reservation with rentals starting from AED 49 per day, ‘Micro Lease’ for On Demand Short Term Rentals with a launch pricing starting at AED 999 per month and ‘One Way Rentals’ allowing clients to rent cars one way between emirates like Abu Dhabi and Dubai.

Elaborating on the scope of business in the UAE, Soham Shah, Founder & Director, Pinewoods Technology Services Dubai (holding company of selfDrive.ae), said, “UAE is an extremely mature market with a high potential of on-demand Self Drive rent-a-car and leasing. The company also has plans to aggressively invest in future driven ‘Smart Mass Mobility Technology’ platform (SMMT) which is also in line with the Dubai Smart City vision that incorporates Electric Cars for clean energy-driven smart cities and Self-driving cars for safer passenger transportation.”

On the occasion of the launch, Ashish Nanda, Senior General Manager, Shift Leasing, said, “In line with Dubai’s Smart City strategy and The Dubai Happiness Agenda, we have partnered with SelfDrive.ae that integrates high-end technology via Web, App & PWA (that allows the user to reserve the car via mobile/tablets without having to download the app). The launch of SelfDrive.ae, addresses customers’ need for on-demand transportation which compliments future-ready Infrastructure and Seamless Ground Operations across UAE.”

The introduction of SelfDrive.ae in the market comes at a time where the car rental share in the UAE is the second largest within the Middle East region. Initially driven by on-airport car rental services, the rise of business travel in the UAE has seen an increase in short-term and long-term car rentals in the country. SelfDrive.ae provides flexible rental hire options, which include daily to yearly lease agreements.

About SelfDrive:

The parent company SelfDrive.in is India’s pioneer in the Self-drive car rental space. It is a 100 percent owned subsidiary of Pinewoods Service Corporation, India’s leading Corporate Car Leasing and Car Rental company. The company was incorporated in the FY 2005 and focuses on innovative business model of allowing its customers to rent cars on demand with operations in India across metros.

Media Contact:
Ruchita Jain
Public Relations Manager
Pinewoods Service Corporation
ruchita.jain@selfdrive.in
+91-9371319664

SOURCE Pinewoods Service Corporation

Palava Ranked India’s No.1 City to Live In by JLL

  • The firms’ Livability Quotient Report studied 10 emerging cities
  • Palava topped the overall livability factors such as urban planning, smart governance, education & leisure facilities and real estate performance

India’s first greenfield integrated smart city, Lodha Group’s Palava City has been ranked as the No.1 emerging city of India by Jones Lang LaSalle’s (JLL) proprietary research report “Livability Quotient – A Paradigm Shift in India’s Emerging Cities”. The report scrutinised the performance of 10 emerging cities/townships for its city administration practices, sustainability, and overall livability quotient.

In the lieu of releasing this report, Mr. Shaishav Dharia, Regional CEO, Lodha Group said, “It’s a great honour for us that Palava has been recognized as the No.1 livable city amongst others in India. It gives us a sense of pride of making a privately-managed city competent with city administrations and corporations. This report is a testimony of our efforts of making Palava one of the 50 most livable cities in the world.”

He further added, “With the impending population boom, the drastic impact on existing resources is a major concern. The government has been trying relentlessly to address this issue through initiatives which work towards providing a better quality of life for the citizens and the vital need for sustainable growth. The aim is to make Palava a marquee development that provides its residents a technologically advanced city catering to existing as well as the future needs while also combating the fast urbanization of Mumbai as a whole.”

Palava topped the chart in parameters like urban planning, utilities and daily needs, leisure and recreation, smart governance and real estate performance thus making it the most livable city in the country.

  • Planning – Palava has been planned to ensure a healthy and fulfilling lifestyle for its residents. Be it through lacs of trees at Palava that provide clean air or through the open areas that constitute more than 60% of spaces at Palava. Palava also leads with a 5/10/15 concept which means that the residents can reach convenience retail, bus stops in a 5 min walk, schools and areas of recreation in a 10 min walk and commercial business district in 15 min.
  • Utilities – Palava has strengthened its approach towards a holistic living along with uninterrupted delivery of daily utilities. It ensures 24*7 water supply, intercity transportation, education and healthcare facilities, fiber connectivity, asset management systems are one of the many provisions. This integrated township recycles 100% of the waste water through sewage treatment plant and is building a 15-acre solar farm.
  • Leisure & Recreation – Further increasing the recreational quotient of Palava, it provides its residents a 5 lakh sq. ft. Xperia mall, 9-hole golf course, FIFA approved football field, Grand clubhouses, a 1.3 km long riverside promenade with an open amphitheatre where Palava hosts its cultural events and a 6 acre landscaped Park around a natural lake with a Nature Interpretation Centre.
  • Smart Governance – Palava has adopted a unique C.C.T.V model which stands for Citizens, Community, Technology and Vision. To institute participative citizenship and inclusion of efficient city management practices, Palava has formed a private municipal and resident councils that work together to run the city. Palava has also established a city command centre, Palava Portal and Palava smart card facility to instil centralized monitoring and analytics in the areas of 911 Emergency. This allows Palava with real time monitoring, ensuring safety & security of the citizens including the 311 emergency management systems.
  • Real Estate Performance – The proliferation of real estate and infrastructure in and around Kalyan-Dombivli has propelled Palava’s growth threefold since 2009, making it one of the most profitable investments in the MMR region. With 29,000 families making Palava their home already and an annual population growth of more than 50%, Palava is the fastest growing city in India presently.
To access the complete report, please click here

About Palava 

Palava, a 4500-acre development located in Kalyan Dombivli, Mumbai is India’s first greenfield smart city being developed and managed by Lodha Group. Palava was envisaged to be amongst the 50 most livable cities in the world by 2025. In just 7 years since its inception, Palava is already home to over 29,000 families and has become the fastest city ‘startup’ in the world’s history. Best from around the world including GE, IBM, Sun Edison, Philips and many other majors are working together to create a smart and sustainable Palava.

About Lodha Group

Established in 1980, privately held Lodha Group is India’s leading real estate developer and amongst the world’s select multinational real estate developers with presence in India and the United Kingdom. The company is the largest in India by sales for five consecutive years, having clocked over INR 8,200 Cr of net sales for FY 16-17. The company is currently developing around 3.6 crore sq. ft. of prime residential real estate globally with the largest land reserves in the Mumbai Metropolitan Region and has 26 ongoing projects across London, Mumbai Metropolitan Region, Pune and Hyderabad. In FY 2016-17, Lodha Group delivered over 7,200 units across projects.

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Brands and Bloggers Meet, First of its Kind Event in Jaipur

#TheBNBMag hosted the first ever Brands and Bloggers Meet in Jaipur on Sunday 10th September at The Grand Uniara. The best of the worlds – Fashion, Lifestyle and Hospitality graced the event with 15 brands participating in the presence of 15 Delhi’s and 15 Jaipur’s popular and influential fashion & lifestyle bloggers! 

This event was a great opportunity for bloggers to gain some valuable insights into the brands, listen to some honest reviews, get low-down on current trends as well as know the blogging industry in Jaipur. To add to the icing on the cake was the tour to different brands.

From spotting the latest trends, to understanding the intricacies of the industry, the event gave many choices to the bloggers. With so many blogs constantly filling up the digital world, it can be a bit difficult for bloggers to make their mark. This event not only helped them in finding the right direction but also gave them a chance to interact with other bloggers and brands across various categories which proved to be a useful medium for creating valuable and engaging content.

Talking about the event, Varun Jain, Editor, #TheBNBMag, said, “These kind of events are required to enhance the relationship between the brands and the bloggers of the respective place. Nowadays word of mouth is best source to generate sales and revenue for your business and such events are one step closer to that.”

Other brands that made their mark in the event include Tangerine, The Boutique Salon – a venture which proudly calls, “a product of passion, expertise and creativity”, Ocean Collections –  their Home Linen collection captures the brilliance of various Indian fabrics, weaves and crafts, bringing them to life with elegant design sensibilities, Atalon – a name which stands synonymous to trend-setting ergonomic chairs, imported sofas and stylish executive desks, BREAD & MORE– A patisserie and boulangerie concept that revisits traditional French classics, giving them a contemporary twist to craft delicious modern creations, AANA DESIGNZ by Jaya Gajawat – known for its dramatic, gorgeously constructed pieces, combining elements of unique pattern cuts, Appliqué, combinations of earthen India and Indian style with a blend of modernization for today’s Global world, Treasure Palace by Bharti Purswani – a contemporary jewellery brand that integrates rich collection with ethnic elements. Arch Academy of Design– which has a vision to engage the natural potential of an individual through Design Education & empower them with the spirit for holistic creation through positive thought & action, Style & Scissors – the answer to every style connoisseur’s dream, The Sambhar Heritage – It’s is an initiative by Chandra group to promote the rich heritage and opulence of Sambhar salt lake. Ratan Jaipur – that offers a variety of products, their designs are perfectly tailored, with just the right amount of colours and comfortable fabrics. Tilak Handicrafts – a brand that is god sent for amazing marble sculptures, F bar, Jaipur – a popular haunt among many people for their amazing dishes and impeccable services. PHEW!

With so many credible brands and bloggers taking part, there was something for everyone here.

About #TheBNBMag

Brands & Bloggers Mag is a magazine which bridges the gap between the best bloggers in town and the selected brands. It is a product of F Square Media. The motive behind the event was the launching of Brands & Bloggers Jaipur edition. An initiative which is first of its kind was appreciated for spontaneity and careful planning.

Purplle Joins Google Sand Hill Program in India

Purplle, India’s first personalized beauty discovery platform has joined Google’s Sand Hill program in India. Introduced in 2016 in India, Google Sand Hill program partners with high growth companies and works with them across products areas to help them navigate the challenges as they become the next generation of top companies.

Purplle, founded in 2012, has been an unparalleled success story in the online beauty space in India. Founded by IITians Manish Taneja, Rahul Dash and Suyash Katyayani, Purplle has turned operationally profitable in just 4 years. Starting with sales of just Rs. 40,000 in the first month of its inception, Purplle have a monthly turnover of Rs.15 cr today. Its network consists of millions of customers, 650 brands, and 50,000 SKUs. Over the past 5 years, Purplle has received a funding of USD 7 million from IvyCap Ventures, JSW Ventures, Blume Ventures, Mumbai Angels, The Chennai Angels & top tier angel investors including Vinay Menon and Nikhil Vora.

Purplle joins about 150 startups that have been a part of this program globally over the past 3+ years. 11 of its alumni have already achieved a billion-dollar evaluation. The Google Sand Hill Program has prestigious VC partners who recommend promising companies based on technical and market disruption potential.

Said Suyash Katyayani, CTO & Co-Founder – Purplle.com, “The Google Sand Hill Program is at the forefront of technology innovation, the most exciting place to be for startups such as Purplle. What we look forward to, apart from mentorship, are early access to pilot programs, higher-touch customer support, access to new products and partnerships that companies of our size normally wouldn’t otherwise receive. It feels great to be in one of the most enviable programs in the world for startups, and we hope to make the most of it because if we gain, our patrons gain!”

This engagement will see Purplle benefit from Google’s vast knowledge bank, international network and support system. As the third largest startup hub in the world, India is on every technology giant’s global plans. With Purplle making it to the Google Sand Hill Program, it takes India with it to the international platform. Only good can come of it! 

Indian Researcher Creates Technology that Makes Search Faster, Easier on Low-end Devices, with Basic Internet

Imagine an Indian user with a basic feature phone, doing an Internet search with a slow net connection. The phone sends all the information about the search to a distant server, which sends all the information back to the phone. The bottleneck is the uplink which connects to the network. A logjam there means long waits — and a big data bill for the mobile phone user. Now, what if the information sent, could be stripped of all non- essentials, then compressed to make the to-and-fro journey significantly faster?

The work of a young Indian researcher — Ananda Theertha Suresh– has made this happen. This work is now used by millions of people within speech and keyboard input applications in Google products.

The Marconi Society, dedicated to furthering scientific achievements in communications and the Internet, will honor Suresh, Google Research Scientist and PhD from the University of California, San Diego, with the 2017 Paul Baran Young Scholar Award. The 28-year-old researcher will receive the award at a ceremony in Summit, New Jersey (US) on October 3, 2017.

As a PhD student at UC San Diego, Suresh’s research focused on understanding the most efficient ways to use information, data and communication.

Says Alon Orlitsky, Professor of Electrical and Computer Engineering at UC San Diego Jacobs School of Engineering and Suresh’s PhD advisor: “Ananda applied his philosophy to several important tasks in probability estimation, compression, classification, and closeness testing. In all these problems he derived crisp, insightful, and surprising results that often required broad vision, keen intuition, and mastery of diverse technical skills, a highly unusual combination for such a nascent researcher.”

At Google Research, New York, Suresh’s work helps provide sophisticated communications capabilities, to people with low bandwidth Internet connections and low-end devices. Suresh follows his passion to make communications available to everyone. Access and opportunities for those in developing countries are limited by low-bandwidth Internet services, as well as by low-end devices that have limited storage and intelligence. Suresh’s algorithms reduce data sent and data costs by orders of magnitude.

Adds Dr. Michael D. Riley, Principal Research Scientist and Manager at Google Research, “Ananda’s research has already led to algorithms that give better compression for a given decompression time budget than we have previously used.”

Bangalore Days

A native of Karnataka, India, Suresh was born in Bangalore and did his schooling and college there, at Sri Rajarajeshwari Vidya Mandira, Vijaya High School, and National College Jayanagar.

He obtained his Bachelor’s degree in Engineering Physics at IIT Madras in 2010 and went to the US where he did his engineering Masters and PhD at UC San Diego between 2010 and 2016.

Suresh’s late father ran a printing press in the city. His mother is a homemaker. As the first in his family to attend college, Suresh’s goal is to deeply understand the fundamental limits of what is possible in data science so that he can develop a set of tools that will make an impact on people who have access to only limited resources.

“I am a great admirer of some of the previous Marconi Society Young Scholar winners and I am humbled and honored to be in their company,” says Suresh. “I look forward to interacting with the other Young Scholars and Fellows. I know that talking with them and learning from them will inspire me to tackle the most challenging problems in the world.”

Marconi Young Scholar candidates are nominated by their academic advisors. Winners are selected by an international panel comprised of engineers from leading universities and companies, and receive a $4000 prize plus expenses to attend the annual awards event. Three other Young Scholars were also selected this year. More than the cash prize, Young Scholars are offered valuable mentoring and guidance by some among Marconi Society’s distinguished roster of engineering greats.

In an interesting aside about this year’s Marconi awards, persons of Indian origin will receive prizes in three categories. While Suresh receives his award in the Young Scholar category, former Bell Labs chief Arun Netravali, regarded as the “father of digital video,” will be honored with the $100,000 Marconi Prize. And legendary Stanford University Professor Emeritus, Thomas Kailath is being honored with the Marconi Society’s Lifetime Achievement Award.

About The Marconi Society

Established in 1974 by the daughter of Guglielmo Marconi, the Nobel Laureate who invented radio, the Marconi Society promotes awareness of key technology and policy issues in telecommunications and the Internet, and recognizes significant individual achievements through the Marconi Prize and Young Scholar Awards. More information may be found at www.marconisociety.org.

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Jaipur-based DMB Sweets Announces pan-India Supply for its Packaged Sweets and Savouries

DMB Sweets Pvt. Ltd. – Jaipur’s largest sweet and savoury chain announces its pan-India supply of packaged sweets and namkeen during its annual business conference held on 10th September, 2017 at Jaipur.

The group announced their pan-India expansion plans during ‘First Annual Business Conference 2017’. The conference was attended by their product suppliers, stockiest and dealer network. DMB’s Director, Rahul Sharma launched the wide range of products and gift hampers for the upcoming festive season, and said, “The objective behind launched packaged sweets and savouries is to reach to those loyal customers outside Jaipur and Rajasthan.” He added, “The brand plans to reach out to each and every household and sweet lover looking for quality products in India.”

He unveiled the packaged sweet range which includes Rasgulla, Gulab Jamun, Rajbhog, Chamcham, Soan Papadi and Kesar Papadi with an extended shelf life of six months. The group also announced 11 types of packaged namkeen and savoury items which include Bhujia, Mixture, Falahar, Moong Daal, Tasty Nuts, Aloo Bhujia, Plain Boondi, Masala Boondi and Soya Sticks.

The packaged variety range is already available in provision stores across 40 cities in Rajasthan. The product will be made available in Bihar and North-east post Diwali. The product is also available on e-commerce site Amazon under its flagship brand name DMB. The retail giant stores like Reliance and D-Mart are also in plans to introduce this brand at their outlets soon.

The product range can also be explored and purchased from the official website http://www.dmbsweets.com.

DMB group started their journey in the year 1955 with the name Doodh Bandhar specialising in milk and dairy products. Doodh Bhandhar introduced sweets in their product line in the year 1981 with a rebranded name popularly known as Doodh Misthan Bandhar (DMB).

Since its inception, DMB group is specialized for its highly organized backward integration model for producing a wide range of sweets, savouries and dairy products. In this model, the group has an in-house farm for fodder production to feed more than 500 cows reared at their cowsheds. The milk produced in these cowsheds is quality checked and then supplied to the sweets production house to maintain the highest standards of quality and richness of milk. The group holds merit in industry with its high-quality product range which passes highest test quality standards in their state-of-the art quality control labs.

About DMB group

DMB group is Jaipur’s largest sweet, savoury and dairy products retail chain established in 1955. The brand was founded by Shri. Laxmidhar Sharma. DMB has three retail stores in Jaipur located at Jhalaniyon ka Rasta – Kisanpole bazar, Meera Marg – Banipark, Sahkar Marg – Lalkhoti scheme.

Media Contact:
Rahul Sharma
rahul@dmbsweets.com
+91-9829053202
Director
DMB Sweets Pvt. Ltd.

SOURCE DMB Sweets Pvt. Ltd.

Hyderabad to Witness 10th Edition of analytica Anacon India and India Lab Expo

The 10th edition of analytica Anacon India and India Lab Expo, the International trade fairs for Laboratory Technology, Analysis, Biotechnology and Diagnostics will be held in Hyderabad from September 21 to 23, 2017 at HITEX Exhibition Center in Hyderabad. analytica Anacon India 2017 & India Lab Expo bring together internationally renowned manufacturers, laboratory users, consultants and key government officials on one platform to discuss best practices and seek solutions to some of the most pressing challenges related to the industry and research.

Bhupinder Singh, CEO of Messe Muenchen India says: “We are pleased to come back with the yet another path breaking editions of analytica Anacon India and India Lab Expo. This year is special as we are adding one more feather in our cap by successfully completing 10 years. analytica Anacon India and India Lab Expo have always stood out in terms of its approach, execution and implementation. Along with analytica Anacon India and India Lab Expo, the 5th edition of PHARMA Pro & Pack Expo will also be held at the same venue. This is to give our visitors an opportunity to expand their business prospects in India and explore the international pharma industry.”

analytica Anacon India and India Lab Expo aim at creating a platform for knowledge exchange and bring manufacturers, vendors, laboratory users, experts, consultants, sellers and buyers under one roof. More than 250 exhibitors will come from 11 countries and occupy 10,500 m2 of exhibition space. These include massive players from the Biotechnology, Diagnostics, Analysis and Lab Technology industries. These exhibitors include Agilent Technologies India, Avantor Performance Materials, Borosil Glass Works, Elabscience Biotechnology, Hindustan Platinum, Shimadzu Analytical (India), Thermo Fisher Scientific India Pvt. Ltd., Thermolab Scientific Equipments and Titan Biotech to name a few.

Mr. Kunihiko Koriyama, Dy. General Manager Marketing & Sales at the exhibitor Shimadzu Analytical (India), is looking forward to the show: “analytica Anacon India has always been a very reliable platform for Analytical Instrument manufacturers and suppliers to showcase their latest technologies. We consider the show as an opportunity to present the emerging trends to a vast audience of the industry. The trade shows not only allow us to get in contact with visitors from the segment of Pharma but also Chemicals, Biotechnology, Biopharma and Food safety.”

Networking and accompanying programs

Alongside the event, the analytica Anacon India conference 2017 will focus on regulatory aspects for pharmaceutical laboratories, bioanalysis and bio-pharmaceuticals, food safety and clinical diagnosis. The conference will, therefore, throw light on Audits and Regulatory Affairs, Data Integrity, Extractable and Leachable, Emerging Technologies for Pharmaceutical Laboratories.

After the success of first year, analytica Anacon will be implementing Live Labs for ‘Food & Pharma Analysis’ in 2017. This concept was first introduced at analytica 2012 in Munich which also witnessed great success. Visitors will be experiencing features like progress live and in person wherein, a person can be a part of innovative experiments while they are carried out.

A workshop will be organized on ‘Practice-orientated seminar for laboratory users—Introduction to the laboratory’ and addressed by Mr. Christian Lipok, Faculty of Chemistry, University Duisburg-Essen. The workshop will be a blend of presentations and a practical section for visitors to offer an overview of important methods of working in a laboratory.

This year will also witness the third edition of the Buyer-Seller Forum which generated huge interest and reported strong participation in the previous year by conducting 750 face-to-face meetings. The Buyer Seller Forum is a very prominent stage for exhibitors, decision makers and VIPs to network directly and interact with clients. They also get a chance to converse with industry delegates from international and domestic markets for exchanging information on new equipment, technologies and solutions.

analytica Anacon India and India Lab Expo highlight the huge potential Indian Laboratory technology, analysis and biotechnology market. The fair has positioned itself as the leading industry platform on the Indian subcontinent. It is a global gathering that profits exhibitors and visitors alike – the event stands for profitable new ideas, concrete business transactions and promising collaboration opportunities.

Frost & Sullivan to Honor Global Icon and Indian Industrialist Mr. Kumar Mangalam Birla at its Growth Innovation & Leadership (GIL) India 2017 Summit

Frost & Sullivan is all set to honor Kumar Mangalam Birla, Chairman, Aditya Birla Group, with the “2017: GIL Visionary Leadership Award”. This award recognizes accomplished global business leaders who over the course of their careers have demonstrated significant excellence in driving growth, innovation and leadership through their personal contributions and efforts in the industry, along with a significant social impact. Frost & Sullivan is proud to acknowledge the visionary leadership, achievements, and tremendous contribution of Mr. Birla at the ninth edition of its flagship Summit – GIL India 2017 on 5th October, 2017 at ITC Maratha, Mumbai, in the presence of top business leaders from across industries.

At the helm of one of the largest conglomerates in India, present across 36 countries worldwide, Kumar Mangalam Birla has relentlessly pursued his vision of turning aspirations into reality to build a premium global brand. He has provided a remarkable strategic direction for success of the Aditya Birla Group, rallying it around a compelling and exciting vision of the future. His diligence, perseverance and true leadership led the Group into the League of Fortune 500 Companies, making it a US $41 billion corporation with over 120,000 employees from 42 nationalities. Mr. Birla’s visionary perspectives transcended conventional barriers that made the Aditya Birla Group the finest global multinational company.

Apart from running a premium business group, he is also one of our country’s leading philanthropists.  He actively champions the Group’s welfare driven activities that distinctively impact the quality of lives of the weaker sections of society in 5,000 villages, reaching out to 7.5 million people.  Two projects deserve a special mention, as Mr. Birla personally oversees them. These are Aadyam Handwoven to preserve the rich heritage of hand-woven textiles, Aadyam Theatre to showcase high quality theatrical experiences and secondly Aditya Birla Skills Foundation, with more than 10 vocational education centers set up pan India.

Mr. Birla joins an elite roster of Visionaries, Innovators and Leaders who have received this award previously, including corporate honchos such as Ratan Tata, Anu Aga, Neftaly Malatije, Archbishop Desmond Tutu, Sir Richard Branson, Mitchell Baker, and Jack Andraka.

Announcing the 2017 GIL Award, Aroop Zutshi, Global President & Managing Partner, Frost & Sullivan said, “It is our honor to present this year’s GIL Visionary Leadership Award to Mr. Kumar Mangalam Birla. His indomitable spirit and leadership has led the company to become one of India’s leading global conglomerates. His philanthropic work, futurist approach and path breaking vision have made him a true global icon for all generations.”

For more information on the agenda and to register for GIL India 2017, please visit: www.frost.com/GILIndia.

In its ninth consecutive year, the coveted platform is set to open the next phase of Journey to Visionary Innovation – Digital Transformation: Business and Social Impact. India is on the path to technological transformation and Government initiatives such as Make in India, Digital India, Startup India, etc., act as catalysts to re-invigorate operational excellence across industries. GIL India 2017 will emphasize how imperative it is for organizations to implement concrete strategies around digital transformation along with a fundamental shift across processes, functions, customer engagement and many other aspects of the business.

With an elite set of panelists, thought leaders and insightful Q&A sessions, GIL India 2017 will provide insights on:

  • Opportunities in India – Growth Strategies for Businesses
  • Mapping Digital Readiness and Embracing Disruption
  • New Business Models
  • Women as a customer and an employee: What it means for economies and businesses in a Digital World

An interactive panel discussion on “Internet of Everything leading to unanticipated Innovation” will emphasize on new consumer and business behavior that will demand increasingly intelligent industry solutions, consequently driving opportunities worth trillions of dollars for the IT industry. We will have industry breakout panels on Automotive and Transportation, Media and Entertainment, and more. The summit promises to be thought-provoking: candid conversations with industry thought leaders discussing pertinent issues driving India’s future. The event is set to witness a perfect amalgamation of industry luminaries, economists, bureaucrats and Frost & Sullivan’s domain experts. The summit will identify growth opportunities enabled by digital transformation.

Frost & Sullivan will also recognize India’s most innovative companies at the 2017 India Best Practices Awards Banquet, to be held in the evening.

The event is supported by our media partners Automation Connect, Channel Times, Commercial Vehicle, Convergence Plus, CXO Today, Sustainability Next, Telecom Watch, The CEO Magazine and The Smart CEO.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Website: http://ww2.frost.com

Twitter: @Frost_Sullivan (Event hashtag: #GILIndia)
Facebook: http://www.facebook.com/frostandsullivan
LinkedIn: https://www.linkedin.com/company-beta/4506/

TCS Features in Fortune 50 List of Companies That Changed the World

mKrishi, developed by TCS, to help Indian farmers using mobile technology; the only Indian solution featured on the list

Tata Consultancy Services (BSE: 532540) (NSE: TCS), a leading IT services, consulting and business solutions organisation, has been recognised in Fortune’s annual list of the Top 50 companies that are changing the world. The Fortune ‘Change the World’ list acknowledges companies that are using the profit motive to solve a multitude of societal problems; these are companies that ‘do well by doing good’. Ranked 30, TCS is the only Indian company on the prestigious list.

TCS’ mKrishi has been instrumental in making it to the Fortune Top 50 list. As India’s biggest IT services company, TCS has used its know-how to help the country’s poorest farmers with mKrishi, its mobile-based advisory platform that gives farmers access to customised advice from agricultural experts to help them decide what crops to raise, anticipate weather changes, and predict when crops will fetch the best price.

Ananth Krishnan, Executive Vice President and Chief Technology Officer, TCS, said, “It is an absolute honour to be recognised in the Fortune Top 50 companies ‘Change the World’ 2017 list. This is outstanding recognition for us and exemplifies our commitment to excellence and service to society. At TCS we continuously strive towards making a social impact that can lead to a positive change in the society.”

As an organisation TCS has been creating positive social community impact globally through various technology-based innovations that have been developed in the areas of human well-being, planet conservation, equality, youth and access, to help build a sustainable future.

About mKrishi App

TCS’ mKrishi is a mobile app that enables farmers to access usable and customised expert advice, market information and weather data. The app offers personalised and integrated services in local languages to farmers on their mobile phones. It allows farmers to send queries to agricultural experts in their local language through a mobile phone and receive personalised advice or relevant information in the same language. Apart from helping farmers increase yields, the mKrishi initiative aims to stimulate local micro-enterprises, and support rural development in India.

About Tata Consultancy Services Ltd. (TCS)

Tata Consultancy Services is an IT servicesconsulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of ITBPSinfrastructureengineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 385,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of U.S. $17.6 billion for year ended March 31, 2017 and is listed on the BSE Limited and National Stock Exchange of India Limited.

For more information, visit us at http://www.tcs.com.

To stay up-to-date on TCS news in North America, follow @TCS_NA. For TCS global news, follow @TCS_News.

TCS media contacts:

Global:
Email: pradipta.bagchi@tcs.com
Phone: +91-22-6778-9999

Europe:
Email: ashish.babu@tcs.com
Phone: +31-611-531246

UK:
Email: peter.devery@tcs.com
Phone: +44-7764-835-773

India:
Email: h.ramachandra@tcs.com | shamala.p@tcs.com
Phone: +91-22-6778-9078 | +91-22-6778-9081

USA / Canada:
Email: b.trounson@tcs.com
Phone: +1-646-313-4594

Asia Pacific:
Email: sean.davidson@tcs.com
Phone: +65-9139-3668

Australia and New Zealand:
Email: Darren.rudd@tcs.com
Phone: +61-488-403-013

Latin America:
Email: martin.karich@tcs.com
Phone: +569-6170-9013

Nordics:
Email: mattias.afgeijerstam@tcs.com
Phone: +46723989188

Japan:
Email: douglas.foote@tcs.com
Phone: +81-80-2115-0989

SOURCE Tata Consultancy Services Limited

Priyadarshini Circle Emerges as the New Hotspot for Ready-to-move-in Properties in Chembur

– Eastern Winds Offers 1 & 2 BHK apartments priced at Rs. 94 lakhs onwards under 7:93 Subvention Scheme

– Shree Krishna Group unveils limited inventory at Eastern Winds Project in Chembur

Mumbai-based Shree Krishna Group, one of the leading developers, has unveiled limited inventory at its Eastern Winds project, which consists of 1 & 2BHK apartments starting at Rs. 94 lakhs.

The project, which is a freehold property with a gated community, offers spacious 1 & 2 BHK air-conditioned apartments at a prime location i.e. off Priyadarshini Circle, Chembur. The project offers 7:93 Subvention scheme, making it easier for first time home buyers to move in. The ready-to-move-in apartments at the property offer the best infrastructure and easy connectivity. This residential area is now witnessing an increase in population, owing to the development of transport infrastructure such as the Santacruz-Chembur Link Road (SCLR), the Eastern Freeway, the monorail from Chembur to Wadala and the proposed elevated road from Bandra-Kurla Complex (BKC) to Sion, thereby reducing the travel time.

Speaking on the same, Mr. Sundeep Jagasia, Director, Shree Krishna Group said, “We have reduced the pressure of payment by introducing the subvention scheme 7:93 for our Phase 2 of construction which has already completed 70% of the work and possession is due in July, 2018. Phase 1 is ready-tomovein and O.C was obtained in April, 2017. Also, with this project of ours, one can reach south Mumbai, BKC, the western suburbs or Vashi within 20-30 minutes. ” It is a fantastic opportunity to own a home in Eastern Winds, which offers air-conditioned apartments with the finest modern amenities, which suits the needs of an end user and has a great connectivity as it’s located a minute away from the Eastern expressway off Priyadarshini Circle.

The 1 & 2BHK air-conditioned apartments are in the size-range of 434 sq. ft. carpet to 659 sq. ft. carpet area constructed using the latest and fastest construction technology. Eastern Winds offers a wide range of amenities which include garden area, gymnasium, library & coffee area, senior citizen sit-out and yoga & meditation corner. In addition, the sheer value homes include invaluable specifications with zero compromise on all fixtures and amenities.

Other ongoing projects by Shree Krishna Group in Chembur include Amrita Prive, Rajeshwari, Udya Bhavan, Bellavista and Krishna Niwas.

About Shree Krishna Group:

Our principal philosophy is to give affordable luxury homes at economical rates with zero compromise on quality and timely delivery along with maximized value for money. As one of the leading real estate companies in Mumbai, we combine our vast experience, focused vision and deep dedication to give you a home beyond your imagination. Our aim is to nurture and build a place where you create memories and cherish them for lifetime. We strive to constantly create masterpiece living spaces so that you can live better.

Shree Krishna Group is a trusted name among property developers across India with its unmatched quality of work. We have successfully delivered over 200 commercial and residential properties, amounting to 40 lakh sq.ft. in the last 50 years.

For more information, visit: http://www.shreekrishnagroup.co.in/

For further information, please contact:
Khushboo Sangoi
Public Relations
MinePRO Communications
Hand Phone: +91-7303047757
Email: khushboo@minepro.in
Website: http://www.minepro.in

SOURCE Shree Krishna Group

Cadence Names Top Ten CDNLive India 2017 Best Presentation Award Recipients

Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced the top ten Best Presentation Award winners based on presentations delivered during CDNLive India 2017, the company’s 13th annual flagship user conference. One award recipient was chosen in each of the event’s ten session tracks. The presentations were judged by an expert committee comprised of seasoned professionals from both Cadence and its customer base. The criteria for judging the presentations included originality, relevance to the design community, Cadence® technology use and presentation.

The 2017 Best Presentation Awards in each CDNLive track are as follows:

   
    Track                          Title                                 Company
                                   Achieving 'Sustainable' Performance  
    System to Signoff: Digital     (w/GHz) on Arm Core Using Advanced    MediaTek
    Implementation                 Methodologies and Cadence Tool       
                                  

                                   Low Cost High Performance Built-In    Texas
    System to Signoff: Digital     Self-Test Solution Using Cadence      Instruments
    Front-End Design               LBIST for Safety Critical SoCs       
   
    System to Signoff: Signoff     Timing Optimization for a Better      Microsemi
    and Power Analysis             Signoff                              
                                  
                                   Implementation of a pCell Feature     NXP
                                   Above the pCell Hierarchy Using
    Custom and Analog Design:      'Add-On pCell' in SKILL, Virtuoso
    Implementation                 Solutions                            
                                  
                                   Simulator Agnostic Techniques and
    Custom and Analog Design:      AMS-XPS-MS Simulator for Faster       Texas
    Verification                   System-Level AMS Co-Simulation        Instruments
   
    System Verification: Advanced  Verification of Multi-Core
    Verification Methodology       Sub-System Using Perspec With         Qualcomm
                                   Re-Usable Stimulus                   
   
    System Verification:           FuSa DV: Looking for Holes in an      Analog Devices
    Performance and Debug          ASIL 'D' Safety Concept              
                                  
                                   Combining UVM-Based Acceleration
    System Verification: Advanced  with In-Circuit Emulation for         Broadcom
    Verification Methodology       Thorough Validation Environment      
   
    System Verification: Formal    Formal Verification for Analog        Texas
    Verification                   /Mixed Signal Designs                 Instruments
                                                                                     
     PCB and IC Packaging Design    IBIS Plus Model Generation and
                                   Validation Using Sigrity-T2B for      Qualcomm
                                   High-Speed IO Interface              

 

Speaking about the conference, Jaswinder Ahuja, Corporate Vice President and Managing Director of Cadence India, said, “CDNLive India has grown to become one of the most popular and eagerly awaited conferences in the Indian electronics ecosystem, attracting attendees in thousands. The increase in attendee numbers over the years is a testament to the growing semiconductor and electronics design community in India. Each year, we look forward to having our customers share their latest successes with our technology through their session presentations, and we’d like to thank all of our presenters and congratulate our 2017 award winners. CDNLive India has proven to be a great platform to drive innovation in the face of emerging design complexities.”

The two-day conference, held on September 7 and 8, provided an opportunity for participants to network with peers and industry leaders, share best practices, understand the latest solutions and discover new techniques to address their most difficult design challenges. The conference featured over 85 user presentations, four keynotes, an exhibition area, and Cadence demo pods.

About Cadence

Cadence enables electronic systems and semiconductor companies to create the innovative end products that are transforming the way people live, work and play. Cadence software, hardware and semiconductor IP are used by customers to deliver products to market faster. The company’s System Design Enablement strategy helps customers develop differentiated products-from chips to boards to systems-in mobile, consumer, cloud datacenter, automotive, aerospace, IoT, industrial and other market segments. Cadence is listed as one of Fortune Magazine’s 100 Best Companies to Work For. Learn more at http://www.cadence.com.

© 2017 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo, and the other Cadence marks found at http://www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.

Media Contact:
Madhavi Rao
Marketing Director
Cadence Design Systems (India) Pvt. Ltd.
rmadhavi@cadence.com
+91-80-41841091

SOURCE Cadence Design Systems (India) Private Limited

Janalakshmi Financial Services Raises Rs. 1030 Crores as it Prepares to Become a Small Finance Bank (SFB)

Janalakshmi Financial Services (JFS), India’s largest microfinance company which recently received the final licence to set-up a small finance bank (SFB), has raised new equity capital of INR 1030 crores. The current round of funding is a crucial step in enabling JFS to complete its transition into a SFB.

TPG is leading the current round and investing a significant amount that includes a structured portion at the holding company level. Other current investors participating in this round are Morgan Stanley Asia managed PE fund (NHPEA), Treeline, QRG Enterprises Limited and Vallabh Bhansali. Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited are new investors in JFS.

Although there were disruptions for JFS and the MFI industry earlier in the year, business has stabilized. With fresh capital and the support of both current and new investors, JFS expects to launch the SFB and resume its growth. Current plans are for the SFB to have a national presence with nearly 300 store fronts by 2018. JFS will continue serving its core client base of 5 million+ customers and offer services through the SFB beyond the scope of microfinance. Importantly, JFS aims to expand its reach and empower unbanked segments of the society with financial tools such as savings accounts, the ability to engage in cashless transactions and innovative financial products.

Ramesh Ramanathan, Chairman, Janalakshmi Financial Services said, “Janalakshmi has been championing financial inclusion and with this latest round of capital infusion, it strengthens our ability to continue our inclusion agenda.”

Ajay Kanwal, CEO, Janalakshmi Financial Services added, “JFS is the largest microfinance player and remains committed to serve the underserved as it transitions to being a small finance bank. The investment in JFS by existing and new investors is a strong sign of their faith in JFS’ business model and future.”

JFS takes banking to the unbanked by offering micro loans to women, small and marginal farmers and the urban poor for home improvement and education, among other things. It currently has a network of 462 branches across the country in 17 states and 2 union territories.

About Janalakshmi Financial Services Limited (JFS)

Janalakshmi Financial Services (JFS) recently received operating licence to set up a small finance bank. JFS is the largest Micro Finance Institution (MFI) in India. JFS gave out its first loan in October 2000, and currently serves over 5 million families across 259 cities in India. It has over 16,000 employees, referred to as JanaNayaks.

JFS has deep domain expertise in banking and financial services with over 500 years of consolidated banking sector expertise just among the senior management. It is an organization that is recognized globally as one of the world’s innovative financial institutions working on the problem of financial inclusion.

JFS is promoted by Jana Foundation, which is an urban inclusion think tank based in Bangalore with a vision to transform urban India where financial inclusion and enhanced quality of life are assured to all those who aspire to help themselves. The Foundation undertakes various activities that deepen the understanding of financial inclusion and its many challenges. It addresses policy issues through its financial advisory services; education, skilling, livelihood initiatives, community connect activities in order to help customers to improve the quality of their lives and help them meet customer needs comprehensively.

In 2017, JFS was featured in ‘Fortune – The Top 500’ largest corporations in India and was recently awarded India’s Distinctive Goodwill Brand for 2017. In March 2016, JFS was recognised and awarded as the ‘Best Financial Services firm in India‘ by VC Circle.

About TPG

TPG is a leading global alternative asset firm founded in 1992 with more than $73 billion of assets under management and offices in AustinBeijingBostonDallasFort WorthHong KongHoustonLondonLuxembourgMelbourneMoscowMumbaiNew YorkSan FranciscoSeoul, and Singapore. TPG’s investment platforms are across a wide range of asset classes, including private equity, growth venture, real estate, credit, and public equity. TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across its investment strategies and the performance of its portfolio. For more information, visit http://www.tpg.com.

Media Contact:
Kajri Mathur
kajri.mathur@bm.com
+91-7045733698
Genesis Burson Marstellar

SOURCE Janalakshmi Financial Services (JFS)

Laurus Infosystems Launches the Smart MES Software

Laurus Infosystems Launches its e-Manufacturing Execution System – The Smart MES Software for Pharma Manufacturing

Laurus Infosystems launched its Smart MES (e-Manufacturing Execution) software for pharma manufacturing companies, on the 2nd of August 2017 at Ahmedabad. The event witnessed high participation of CXOs, CIOs, QA/RA Heads, Manufacturing Heads and Managers from several Pharma companies. Eminent personalities such as Dr. Satyanarayana Chava (Founder and CEO-Laurus Labs) and Dr. Hemant Koshia (Commissioner FDCA, Gujarat) graced the event. They shared their valuable thoughts on the necessity and benefits of implementing such advanced system Pharma Manufacturing.

The event was hugely successful. It provided the industry experts an overview of the new technology that even they believe will be a great advantage when adopted by Pharma Manufacturing companies.

About Laurus Infosystems (India) Private Ltd

Laurus Infosystems (India) Private Limited is a software product and solutions provider for the Pharma and Life Sciences Industry with over 20 years of experience. Our experts are highly seasoned IT professionals with many years of experience in developing software products and solutions.

Our product development practices are CMMI Level 3 assessed, ensuring that software products developed by us are utilizing the most advanced quality processes. Working in a completely secure environment and adhering to international compliance guidelines and following the GAMP 5 development methodology, we look at ourselves as an organization that believes in bringing a paradigm shift in the way things were being done earlier.

To know more, please visit http://www.laurusis.com or write to info@laurusis.com.

Media Contact:
Varsha Sawant
varsha.sawant@laurusis.com
+91-9989708668
Laurus Infosystems India Pvt Ltd

 

SOURCE Laurus Infosystems (India) Pvt Ltd

Cyient signs a definitive agreement to acquire B&F Design Inc.

Cyient Limited (“Cyient”), a global provider of engineering, manufacturing, geospatial, network and operations management services to global industry leaders, through its step down subsidiary Cyient Defense Services Inc. signed a definitive agreement to acquire 100% equity ownership in B&F Design Inc. Based in New Britain, Connecticut, USA, and founded by Raymond F. Forgione in 1965 as a family business, B&F Design initially offered design services to local manufacturing companies and later expanded the business to include the manufacturing of tools, and has built a reputation for its high quality design and tooling capability. Today, their area of expertise includes design and manufacturing of precision engine assembly equipment, repair tooling, machining of fixtures and gauges, and engine factory modernization services.

B&F Design employs a team of around 47 people, with a revenue between $8 million to $9 million, with low double-digit EBITDA margins. They also bring-in a strong team of technical and domain experts in Aerospace Tooling along with a common anchor customer, led by Mr. Darius Szczepankowski, who will join as General Manager to run the delivery operations.

With new programs going into manufacturing the demand for precision tooling is significantly increasing. This market is forecasted to increase at a faster rate than that of design. This is Cyient’s sixth acquisition in the last three years as part of its ‘Design-Build-Maintain’ strategy. Cyient holds a strong cash position of $155 million and will continue to look for acquisitions that will enable the company to realize its strategy and the goal of industry-leading growth.

Anand Parameswaran, Senior Vice President for Aerospace and Defense, said, “Cyient holds a leadership position in providing engineering services to the Aerospace and Defense market. This acquisition is a step towards enhancing our Build and Maintain offerings. Through this acquisition, we are better positioned to provide increased value to our customers by undertaking more comprehensive work. We are confident that this acquisition will aid us in achieving our vision.”

The transaction would be EPS accretive.

About Cyient:

Cyient (Estd: 1991) (NSE: CYIENT) provides engineering, manufacturing, geospatial, network and operations management services to global industry leaders. Cyient leverages the power of digital technology and advanced analytics capabilities, along with domain knowledge and technical expertise, to solve complex business problems.  As a Design, Build and Maintain partner, Cyient takes solution ownership across the value chain to help clients focus on their core, innovate, and stay ahead of the curve.

Relationships form the core of how Cyient works. With nearly 14,000 employees in 21 countries, Cyient partners with clients to operate as part of their extended team, in ways that best suit their organization’s culture and requirements. Cyient’s industry focus includes aerospace and defense, medical, telecommunications, rail transportation, semiconductor, utilities, industrial, energy and natural resources.

For more information, please visit www.cyient.com.
Follow news about the company at @Cyient.

For further media inquiries, please write to press@cyient.com

 

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SOURCE Cyient

 

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