Press Release - Godrej Properties enters into private equity agreement with SUN-Apollo India Real Estate Fund, LLC acting through its affiliates/companies (SUN-Apollo)

Hi,

Kindly find attached herewith the Press Release - Godrej Properties enters into private equity agreement with SUN-Apollo India Real Estate Fund, LLC acting through its affiliates/companies (SUN-Apollo).

Requesting you to carry the release in your esteemed publication.

PRESS RELEASE

 

Mumbai, 29^th December 2011                                      For immediate publication

 

 

Godrej Properties enters into private equity agreement with SUN-Apollo India Real Estate Fund, LLC acting through its affiliates/companies (SUN-Apollo)

 

The real estate developer sells 49% equity stake in a subsidiary developing its project at Sector 104 in Gurgaon

 

Godrej Properties Ltd. (GPL) (BSE: GODREJPRP), the real estate development arm of the Godrej Group, today announced an agreement with SUN-Apollo. 

 

Through this agreement, GPL has sold 49% equity stake in its subsidiary, Godrej Premium Builders Private Limited (GPBPL).  SUN-Apollo has invested Rs. 45 crores out of which Rs. 18.3 crores has been paid to GPL for sale of stake and Rs. 26.7 crores has been invested in GPBPL.

                                                                                                                            

Mr. Pirojsha Godrej, Executive Director, Godrej Properties said, "We are very happy to have reached this agreement with SUN-Apollo.  This fits in well with GPL's strategy of efficient capital management and demonstrates our continued ability to attract equity capital in all market conditions."

 

 

 

About Godrej Properties Ltd.:

 

Established in 1990, Godrej Properties Limited (GPL) brings the Godrej Group philosophy of innovation and excellence to the real estate industry.  GPL has completed several landmark projects and is currently developing significant projects in 12 cities across India. Throughout its operations, GPL aims to deliver superior value to all stakeholders through extraordinary and imaginative spaces created out of deep customer focus and insight.

 

Godrej Properties Ltd. is listed on the Bombay Stock Exchange (BSE) and The National Stock Exchange (NSE).

 

GPL has received several recognitions for its processes and performance which include receiving the 'Best Emerging National Developer' award at the Zee Business - RICS Real Estate Awards 2011. GPL has also featured as the #1 ranked real estate developer for three consecutive years in 'India's Best Companies to Work For' survey, conducted by 'The Economic Times' and 'The Great Place To Work Institute'. GPL has been featured for six consecutive years as one of "India's Top 10 Builders" by Construction World magazine.

 

 

 

For any further Information please contact:

Ketan Sawant
M: 9892787586 / 8898887633
D: 022 40558961
E: ketan@conceptpr.com

 

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Thanks & Regards,
Ketan Sawant
PR Manager
Concept Public Relations Limited
Queen's Mansion | First Floor | Prescot Road | Next to Cathedral School | Fort | Mumbai 400001
O: 022.40558900 | D: 022.40558961 | M: + 91 9892787586 | F: 022.40558901

Press release: Rajdeep Endow Takes the Helm as Managing Director for Sapient India

 

 

 

Rajdeep Endow Takes the Helm as Managing Director for Sapient India

 

Gurgaon/Noida/Bangalore– December 23, 2011 – Sapient (NASDAQ: SAPE) today announced that Rajdeep Endow has assumed the position of managing director of Sapient India, effective immediately. In this role, Endow will drive the strategy, capability development, and growth of Sapient’s India presence and maintain its status as hub of the company’s globally distributed delivery network. Endow, a member of the company’s Executive Leadership Team and current Global Delivery Lead, replaces Karandeep Singh, who moves on from Sapient. Endow will maintain his current responsibilities as he takes on this expanded role.

 

A 10-year company veteran, Endow has played a critical role in Sapient’s success and growth in India from his start in 2001 through today. He has served in a variety of leadership roles, including India General Manager and Global Delivery Lead. As managing director, Endow will report to Sapient President and CEO Alan J. Herrick.

 

“Our delivery network and capabilities in India have contributed greatly to Sapient’s overall growth and success over the years,” said Herrick. “Rajdeep has demonstrated a keen ability to solve complex problems and successfully lead large teams, and has been instrumental in driving excellence in client delivery in India and abroad.” 

 

Continued Herrick: “I’d also like to recognize the contributions of Karandeep Singh over the years and wish him the best of luck in the future.”

 

The move comes at a time of remarkable growth and momentum for the company. Historically, Sapient’s business in India has grown, on average, more than 20% annually over the past three years and people count has increased 60% during the same period.  With the creation of two divisions – SapientNitro, focused on integrated marketing services and Sapient Global Markets, focused on IT solutions for the capital markets, Sapient has created a transformational model that embraces both consulting and marketing.  As the worlds of marketing and technology increasingly converge, Sapient provides a differentiated value proposition for clients and a workplace culture unlike any other in the Indian marketplace. 

 

Sapient has offices in Gurgaon, Noida, and Bangalore. 

 

About Sapient

Sapient is a global services company that helps clients transform in the areas of business, marketing, and technology. The company operates three divisions that enable clients to gain a competitive advantage and succeed in an increasingly digital world. SapientNitro, Sapient Global Markets and Sapient Government Services fuse insight, creativity and technology to drive innovation and to help clients navigate complex business problems. Our approach is the subject of case studies used by MBA programs at Harvard and Yale. The company has operations in North America, Europe, and Asia-Pacific. For more information, visit www.sapient.com.

 

 

Sapient is a registered service mark of Sapient Corporation

# # #

 

Media Contact:

Neha Pathak (India)
Sapient
+91. 124. 4167000
npathak@sapient.com

 

Santanu Bhattacharya

Text 100

+91. 9910016735

santanu.bhattacharya@text100.co.in

 

David LaBar (US)

Sapient

+1 646 456 4505

dlabar@sapient.com

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Rajdeep Endow

Managing Director, India and Global Delivery Lead, SapientNitro

 

Rajdeep Endow holds a dual role of Managing Director of Sapient India and the Global Delivery Lead of SapientNitro. 

In his capacity as managing director of Sapient’s India operations, Rajdeep is responsible for leading the company's strategy and day-to-day operations in India. In his role as Global Delivery Lead of SapientNitro, Rajdeep is responsible for all project execution, capabilities, quality, methodology and tools for SapientNitro's services globally. 

Rajdeep has been with Sapient for over 10 years, and has played a variety of leadership roles in the company. Before taking on his current delivery leadership responsibility, Rajdeep was the India General Manager of the North American Business Unit, responsible for people and operations.

Rajdeep started his career in 1994, and has held different leadership responsibilities in consulting and IT services. Before joining Sapient, Rajdeep co-founded Orbit-e Consulting, a Warburg Pincus funded technology strategy and services firm.

Rajdeep has done his MBA from the Indian Institute of Management, Ahmedabad, and his B.E. in Computer Science from Visvesvaraya National Institute of Technology, Nagpur.

 

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Press Release : IBM Tops India Non-x86 UNIX Server Market in Revenue in Q3 2011

IBM Tops India Non-x86 UNIX Server Market in Revenue in Q3 2011

Power7 systems drive IBM's strong performance in India

 

India, 22^nd December 2011: IBM today announced that it emerged No. 1 in the India non x86 UNIX server market in revenue terms in the third quarter (Q3) of 2011, according to IDC's Asia/Pacific Quarterly Enterprise Server Tracker, Q3 2011, released in early December. IBM's success in the Non-x86 Unix market segment in India was underpinned by strong uptake for Power7 servers.

In addition, IBM's non x86 UNIX server revenues grew 7.2% based on the performance in the first three quarters of 2011 compared to the same period in 2010, while revenues of all other vendors in the said segment declined during the same period.

Other IBM highlights from the IDC report include:

• Overall server market: IBM captured 29.8% revenue share of the overall server market in Q3 2011, with 8.2% year on year growth. The overall server market in India grew 12.6% in revenue terms in Q3 2011 compared to Q3 2010.
• x86 Server market: IBM had a 25.3% revenue market share of the x86 server market in Q3 2011. The overall x86 server market grew 9 % year-on-year in Q3 2011 in revenue terms.

·      x86 Blade server market : The x86 Blade server market grew 36.9% Y/Y in revenue terms in Q3 2011. IBM captured 22.2% revenue share of the x86 blade server market in India in Q3 2011. 

"Our leadership in non x86 Server market is a testimony to the fact that we continue to invest for our clients' success and grow this market. Traction for IBM Power systems cuts across both large enterprises and mid-sized businesses, enabling them to grow and succeed. Clients like Escorts, continue to select IBM Power® 7 on AiX over competitive platforms, because of the scalability, ease of management and price-performance ratio that Power Systems offer," said Viswanath Ramaswamy, Vice President- Power Systems, Systems and Technology Group, IBM India/SA

Source: IDC's Asia/Pacific Quarterly Enterprise Server Tracker Q3 2011, December 2011

About IBM AiX UNIX on Power Systems including System p & System i

The AiX Operating Systems is an open standard based UNIX operating system that allows clients to exploit decades of IBM technology innovation and is designed to provide the highest level of performance and reliability of any UNIX operating system. AiX completes 25 successful years in 2011. For more information visit: http://www-03.ibm.com/systems/power/software/aix/index.html

For more information about IBM servers, visit www.ibm.com/systems

Contact(s) information

Raghavendra Ramesh (Raghu) IBM India Media Relations, Systems and Technology Group raghu.rags@in.ibm.com +91 9880036100

 

Warm Regards,

Usha

 

PRESS RELEASE: Ugam Solutions signs an MoU with PSG Polytechnic College, Coimbatore towards bettering the employment prospects of the college students

Hi,

 

Please find enclosed the press release from Ugam Solutions on signing MoU with PSG Polytechnic College, Coimbatore towards bettering the employment prospects of the college students. An MoU was signed between PSG Polytechnic College, Coimbatore and Ugam Solutions, a leading provider of marketing decision support solutions to global organizations; to help young talent gain valuable industry experience and thereby enhance their employability as freshers.  The MoU was signed by Rajesh Dsouza, Head-Staffing (left) at Ugam Solutions and Dr. R. Rudhramoorthy - Principal of Polytechnic College, Coimbatore (right).

 

Do let me know in case of any further queries.

 

                                                                                                                                                                                                                                                                      

Ugam Solutions signs an Memorandum of Understanding with PSG Polytechnic College, Coimbatore towards bettering the employment prospects of the college students

 

Coimbatore, 22nd December, 2011 - An MoU was signed between PSG Polytechnic College, Coimbatore and Ugam Solutions, a leading provider of marketing decision support solutions to global organizations; to help young talent gain valuable industry experience and thereby enhance their employability as freshers.  The MoU was signed by Rajesh Dsouza, Head-Staffing (left) at Ugam Solutions and Dr. R. Rudhramoorthy - Principal of Polytechnic College, Coimbatore (right). Speaking on this occasion, Dr. R. Rudhramoorthy said, “This is a step towards strengthening the Industry-Institute relationship to help the talented students of our college gain industry knowledge and better their employability prospects. Ugam is conducting Workshops giving an overview on Market Research Value chain, Online Survey and Market Research Technologies to our students at their premises which will empower our students to gear up for the challenges of the corporate world.”

 

Ugam Solutions has operated in Coimbatore since 2009. In October 2011, the company expanded its operations with the inauguration of its second facility in Coimbatore. The total facility, after this inauguration, is a sprawling 54,000 sq feet area with total seating capacity of 850 + employees.

 

The teams from Ugam & PSG after signing the MoU

About Ugam Solutions

 

Ugam Solutions is a leading provider of Marketing Decision Support Solutions to global organizations for over 10 years. Founded in 2000, Ugam Solutions is an ISO 27001 certified company with a workforce of 1200+ knowledge associates across India, UK and the USA.

Ugam's service offerings include:

a.         Market Research Operations – The Market Research operations services include multi-country and domestic Project Management, Survey Programming, International Online and Telephone Data Collection, Healthcare Data Collection, Data Cleaning and Tabulation, Multivariate Analysis, Open Ended Coding, Charting, Report Writing, and Panel Support Services.

b.         Advanced Analytics – Ugam’s Advanced Analytics solutions aid a better understanding of consumer behavior by blending the deep analytical skills of the team with the capability to deal with high volume complex data sources, integrate data across platforms, and extract business intelligence using high-end data mining tools and techniques.

c.         Competitive Intelligence Solutions – Ugam’s Competitive Intelligence Solutions like PriceTrac™ and ContentTrac™ help retailers in their pricing strategy by providing insight into their competitor’s prices, promotions and product assortments and online product content – thereby enabling companies to improve margins and increase sales.

d.         Content Solutions –Ugam’s Content Solutions offers services like catalog development and categorization, taxonomy development, image processing, data aggregation, content moderation and content optimization resulting in real-time and relevant search optimized content that enables better decision making by end-customers and increases sales.

 

With a culture that is completely performance driven, Ugam Solutions focuses on delivering best quality results to clients using best-of-the-breed methodologies and modern infrastructure. Ugam Solutions is online at http://www.ugamsolutions.com/

 

About PSG Polytechnic College

PSG Polytechnic College, established in the year 1939, a pioneer institute in the field of Technical Education and Research is a Government aided, ISO 9001 certified institution with Autonomous status from the year 1976. This aids it to have a flexible curriculum and updated syllabi. The Polytechnic College has the best laboratories with free access to the students and prepares them with the latest method of learning industrial practices. The industry attachment Programme, compulsory for all courses provides the students an exposure for current industrial practices. The college is located in the same campus as the PSG Industrial Institute.

 

Thanks & Regards

------------------------------------------------------------------------------------------------------------

Rohit Lalwani

Management Trainee

A/12, 1st Floor, Vikas Center, S.V. Road

Santacruz (W) Mumbai – 400 054, India

T: 022 39651700| M: +91 9920876933 Office Fax: + 91022 26601439 E: rohit.lalwani@2020msl.com

www.2020msl.com | www.mslgroup.com| www.mslasiagroup.com

 

Press Release from PTC - PTC Named Winner of 2011 Frost & Sullivan Global Green Excellence in Product Innovation Award

Dear All,

Please find below the press release from PTC –

 

 

 

PTC Named Winner of 2011 Frost & Sullivan Global Green Excellence in Product Innovation Award

Recognized for the Key Industry Challenges Addressed by PTC’s Windchill Product Analytics

 

 

Bangalore, Mumbai, Delhi. –  December 21, 2011 – PTC® (Nasdaq: PMTC), The Product Development Company^®, today announced that it is the 2011 recipient of Frost & Sullivan’s Global Green Excellence in Product Innovation Award for Product Lifecycle Management. After being ranked against other leading PLM vendors in categories such as product profile, business commitment and environmental accountability, the company’s Windchill^® Product Analytics suite came out on top for its ability to enable the manufacturing industry to create more sustainable, and competitive products while reducing overall environmental impact.

 

According to Frost & Sullivan best practices research, the drive among manufacturers to improve the environmental performance of their products is gaining momentum every day. Not only have business-to-business customers and consumers demonstrated a clear preference for more sustainable products and “greener” brands, but investors are now pressuring manufacturers as well. Additionally, manufacturers need to design and develop products in compliance with an ever increasing number of environmental regulations in order to avoid blocked sales, production stops, fines and even criminal prosecution.

 

PTC’s Windchill Product Analytics is a suite of component and bill-of-material analysis solutions that enable manufacturers to assess product compliance, performance and risk beginning early in the innovation process and continuing throughout the product lifecycle. The solutions complement existing PLM and ERP systems to make product performance analytics an integral part of the product development process. Armed with this knowledge, manufacturers will be able to develop greener products.

 

“Windchill Product Analytics provides an ideal platform for manufacturers interested in realizing profitable sustainability,” said Karthik Sundaram, Senior Research Analyst, Frost & Sullivan. “In evaluating leading vendors, PTC stood out in all criteria. Its holistic approach to sustainability – from its product solutions to its overall worldwide company initiatives – made PTC the clear winner of this year’s Global Green Excellence Award.”

 

“PTC has a rich history of enabling manufacturing customers to create more sustainable, optimized – and simultaneously more competitive and profitable – products,” said Howard Heppelmann, Senior General Manager, Product Analytics Business Unit and Executive Sponsor of the PTC Internal Sustainability Program. “We are pleased that Frost & Sullivan has recognized our strategic commitment and the positive impact Windchill Product Analytics enables leading global manufacturers to make.”

 

The full Frost & Sullivan Best Practices Research Report can be found here: www.ptc.com/go/greenaward2011

 

About PTC

PTC (Nasdaq: PMTC) enables manufacturers to achieve maximum value from their product strategies with software and services designed to optimize key business processes throughout the entire product lifecycle – from conception and design to sourcing and service. PTC’s integral solution portfolio enables customers to unleash product innovation, improve collaboration and ensure product data integrity within engineering and across the enterprise, supply chain and service partner networks. Founded in 1985, PTC employs over 6,000 professionals serving more than 27,000 customers worldwide.  More information can be found at www.ptc.com.

 

 

Follow us on Twitter - Watch us on YouTube - Connect with us on Linked In

 

PTC and the PTC logo, The Product Development Company, and Windchill are trademarks or registered trademarks of Parametric Technology Corporation or its subsidiaries in the United States and in other countries.

 

 

 

Media release from Orchid Pharma - Funds for FCCB redemption...

Dear all,

 

Please find attached a media release issued by us today announcing the tying up of funds to redeem the outstanding FCCBs in February 2012. Do feel free to contact me should you need any further clarifications or information.

 

Regards,

_________________________________________________

Ch Ram

Head | Corporate Communications & Investor Relations

Orchid Chemicals & Pharmaceuticals Ltd.

‘Orchid Towers’, #313, Valluvar Kottam High Road, Nungambakkam,
Chennai – 600034, India
Phones: Direct: +91 44 28244908 | Board: +91 44 28211000, 28230000
Fax: +91 44 28211002
E-Mail: ram@orchidpharma.com
URL: www.orchidpharma.com        
_________________________________________________________________________________________________________

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[Press Release] 80% of Mistyped URLs Lead to Typosquatting Sites - Sophos study

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PRESS RELEASE                                        For Immediate Release   Press & media contact: Deepa Medhi CHANGE AGENTS PR for Sophos +91.80.41603144, +91.9686111597 Deepa.Medhi@changeagents.in    80% of Mistyped URLs Lead to Typosquatting Sites - Sophos study   Study investigates every possible one-character typo of Facebook, Google, Twitter, Microsoft, Apple and Sophos homepage                      MUMBAI / BANGALORE, India - December 19, 2011      IT security and control firm,Sophos,is cautioning computer users to be careful while typing the URLs, following the results of a Sophos study into the scale of 'Typosquatting'.   Typosquatters register misspellings of popular websites in the hope that they will be able to make money out of traffic from unintentional typing mistakes made by internet surfers. Sophos looked at typosquatting targeting its own website and those of Facebook, Google, Twitter, Microsoft and Apple. The study looked for registered websites for every single one letter typo of the company name: one letter omitted (eg Sopos), one letter mistyped (eg Sphos), or one letter added (Ssophos).   The study revealed that there is a significant typosquatting ecosystem around high-profile, often-typed domain names. A huge 86% of the possible one letter misspellings of the Apple homepage led to typosquatting sites.   The highest proportion of the squatting sites - 15% - led to advertising sites. Cybercriminals will register misspelled sites to make advertising revenue every time someone mistypes the name of a popular site. 12% were found to be IT & hosting pages - suggesting that they have been registered with the intention of being held onto and sold at a profit, which is also known as 'domain parking'. Of the 14,495 misspelled URLs looked at in the study, 738 (5.1%) were categorized by Sophos as cybercrime or adult. The former should always be blocked; the latter should be blocked at least in the workplace or around children.   "It's so easy to mistype a URL, and it's inevitable that from time to time you will end up on an unintended website. In the worst cases, careless typing can lead you to a criminal website designed to steal your identity or phish your credentials," said Graham Cluley, Senior Technology Consultant at Sophos. "A good idea is to bookmark your favorite websites rather than rely upon your fingers working correctly."   # # # Related Photographs   See more related photographs here          Related Video Beware typosquatters  See more related videos here      Quote and Related Information    "It's so easy to mistype a URL, and it's inevitable that from time to time you will end up on an unintended website. In the worst cases, careless typing can lead you to a criminal website designed to steal your identity or phish your credentials. A good idea is to bookmark your favorite websites rather than rely upon your fingers working correctly." ~ Graham Cluley,Senior Technology Consultant at Sophos   Sophos on Wikipedia    66% of Lost USB Sticks Found to Carry Malware - Sophos Study    Sophos Brings Industry-First Complete Endpoint Protection   Company Information More than 100 million users in 150 countries rely on Sophos as the best protection against complex threats and data loss. Sophos is committed to providing security and data protection solutions that are simple to manage deploy and use and that deliver the industry's lowest TCO. Sophos offers award-winning encryption, endpoint security, web, email, and network access control solutions backed by SophosLabs-a global network of threat intelligence centers. With more than two decades of experience, Sophos is regarded as a leader in security and data protection by top analyst firms and has received many industry awards. Sophos is headquartered in Oxford, UK and Boston, US. Know more    Follow us

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Press Release - Over 250 benefit from L&T PRAYAS Free Eye Camp

Attached please find Press Release and Photographs of the above event.

 

Regards,

 

V S Ramana

 

 

General Manager & Head - Corporate Communications

Larsen & Toubro Limited

Mount Poonamalee Road, Manapakkam,

Chennai - 600 089 INDIA

Phones: 91 44 2252 6310 Mob: 99401 98135  Fax: 91 44 2252 6065 www.lntecc.com 

Past Chairman - Public Relations Society of India - Chennai Chapter

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