Press release from Business Wire India
Source: Crompton Greaves Ltd
Friday, May 24, 2013 07:03 PM IST (01:33 PM GMT)
Editors: General: Consumer interest, Economy; Business: All, Business services, Financial Analyst, Heavy industries, Major diversified industrial groups, Stock exchanges; Technology
--------------------------------------------------
CG announces Q4 results. Reports Strong Sales and Solid Order Intake
Mumbai, Maharashtra, India, Friday, May 24, 2013 -- (Business Wire India) -- Avantha Group Company CG reported its audited financial results for the 4th quarter and year ended March 31, 2013.
Consolidated Performance Highlights- 4th Quarter FY 2013
. Q4 FY13 Orders Received Rs. 2,983 crores, up by 32% over Q3 FY2013
. Q4 FY13 Revenue at Rs. 3,387 crores, up by 14% Q3 FY2013
. Net Profit at Rs. 25 crores for Q4 FY13, as compared to loss of Rs. 189 crores Q3 FY2013
. Consolidated order backlog of Rs. 9,126 cr as on March 31, 2013
Consolidated Performance Highlights- Financial Year 2013
. FY13 Orders Received (For Power and Industrial) Rs. 10,544 crores, up by 3% over last year
. FY13 Revenue at Rs. 12,094 crores, up by 8% over last year
. CG has declared a final dividend of 20 % amounting to Rs 0.40 per share for the financial year ended 31st March 2013.
Despite tough market conditions CG recorded a strong order intake and sales performance. In India, orders were driven by Industrial and Consumer activities, reporting growth of 20% and 22% respectively. International operations benefited from the successful market penetration in fast growing geographies like Middle East and Africa (Order intake Rs. 1,753 Cr, +230% y-o-y) and Latin America (Order intake Rs. 367 cr, +190% y-o-y).
Profitability of the business was impacted by restructuring of Power Transformers activity in Europe. The restructuring of Belgium operations has been completed during the year. The new European manufacturing platform in Hungary was scaled up as planned.
CEO and Managing Director, Laurent Demortier of Avantha Group Company CG said "2012-13 has been a year of transition for CG. The growth has enabled necessary structural changes to face new market conditions. Several new high-value adding activities have been launched (UHV, Power electronics, automation). We are now focused on penetrating high growth potential geographies by leveraging our cost effective manufacturing hub in India."
About Avantha Group Company CG
CG is a global pioneering leader in the management and application of electrical energy. With more than 15,000 employees across its operations in around 85 countries, CG provides electrical products, systems and services for utilities, power generation, industries, and consumers. The company is organized into four business groups: Power, Industrial, Automation and Consumer. CG clocks US$ 2.3 billion in revenues from product lines that cover the entire value chain of engineering offerings.
For more information on CG, please visit: www.cgglobal.com
About Avantha
The US$4bn Avantha Group is one of India's leading business conglomerates. Its successful entities include BILT, Crompton Greaves, The Global Green Company, Avantha Power & Infrastructure, Solaris ChemTech Industries, Biltech Building Elements, Salient Business Solutions and Avantha Technologies. With a global footprint, the Group operates in 90 countries with more than 25,000 employees worldwide. The Group has business interests in diverse areas including power transmission and distribution equipment and services, paper and pulp, energy and infrastructure, food processing, farm forestry, insurance, chemicals, IT and ITES. Led by Gautam Thapar, Avantha demonstrates strong leadership globally and emerges as a focused corporate, leveraging its knowledge, leadership and operations, adding lasting value for its stakeholders and investors.
For more information on Avantha, please visit www.avanthagroup.com
CONTACT DETAILS
Ms. Paula Sengupta, Global Head - Corp. Comms., CG (Crompton Greaves Limited), +91 22 24237516 / 67558771, paula.sengupta@cgglobal.com
Mrs. Shravani Dang, Group Head - Corporate Communications, Vice President - Avantha Group, +91 124 4099436, s.dang@avanthagroup.com
KEYWORDS
CONSUMER, ECONOMY, BUSINESS SERVICES, Financial Analyst, HEAVY INDUSTRIES, GROUPS, STOCK EXCHANGES, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Press Release India
Press Release Distribution & Press Release India powered by Business Wire India (BWI)
Friday, May 24, 2013
BWI: Lex Witness presents IT Legal Summit 2013
Press release from Business Wire India
Source: LexWitness
Friday, May 24, 2013 05:31 PM IST (12:01 PM GMT)
Editors: General: Consumer interest, Entertainment, People; Business: Business services, Information technology, Media & entertainment, Publishing & printing; Technology
--------------------------------------------------
Lex Witness presents IT Legal Summit 2013
Industry professionals convenes for a thought provoking discourse on Changing State of Indian Technology and Consequential Emerging Legal Challenges
Bengaluru, Karnataka, India, Friday, May 24, 2013 -- (Business Wire India) -- The city of Bengaluru today witnessed an exclusive IT Legal Summit 2013 for tech solutions & service providers, tech customers and other stakeholders of the Information Technology industry. The summit was conceptualized and hosted by Lex WITNESS - India's 1st Magazine on Legal and Corporate Affairs for the participants to converse and share their knowledge on the prevailing risks affecting their businesses and new opportunities that could be explored.
The full day summit saw over 20 expert speakers including Abhay Bhargav - Chief Technology Officer, We45, Anindya Sircar - AVP and Head of IP Cell, Infosys, B. Sai Chandravadhan - Managing Director, Sand legal Services Private Limited, Bharat Mehta - VP, General Counsel and Ethics & Compliance Officer, Capgemini India, Inderpreet Sawhney - Senior Vice President and General Counsel, Wipro Technologies, Madhav Anchan - Head Legal, Tata Consultancy Services (TCS), Rajeev Nair - Director, Country Counsel - India, Hewlett-Packard India Pvt. Ltd., Rajesh Ramanathan - Partner , TMT Law Practice, Rama Padmanabhan - General Counsel, CISCO Systems India Pvt. Ltd., Tom Heerey - Senior Attorney and Director, Legal and Corporate Affairs, Microsoft India and many more engaging in a debate focused on four vital aspects of their businesses, namely Data Privacy and Protection, Contract Management and Intellectual Property Rights and Licensing Agreements. The summit saw participation of various proficient speakers.
The Indian IT Industry is growing steadily despite the global meltdown in the year 2009. When the whole world witnessed the negative growth, Indian IT industry still managed to register a growth of 5.5%. In the financial year 2013, the industry generated $108 billion revenue, with exports ($76 billion) two times more valuable than the domestic sector ($32 billion). The future looks promising, however the industry landscape is changing each day and as a result a new set of legal challenges are emerging from the new data privacy and protection law, changing business models, social networking, instant messaging and cloud computing.
Speaking on the occasion, PBA Srinivasan, Editor-in-Chief, Lex Witness said, "With the changing state of industry, there is increasing drive towards operational efficiencies and embracing new business models to offer customers a transformed business proposition. However, in order to achieve this aim it is very important to find out some effective resolving strategy to overcome the legal challenges and obligations currently present."
As technology continues to develop fast, laws are bound to become out dated leaving a grey area for interpretation for employers, consumers, legislators and regulators. In addition, the data privacy and protection laws in India, current as well as proposed and for other countries differ. On the other hand, IT contracts are particularly prone to problems as software development or implementation can be difficult to predict and results are not always as an IT supplier or IT customer may have expected. Even the software patents and how they are perceived to impact on innovation is one of the most debated topics after the recent high smart phone "patent war." These patents present significant challenges to app and software developers. Different jurisdictions have different standards to allow ability of software patents, and these standards continue to evolve.
The day long discussion focused on Data Privacy & Protection: Regulations & Organizational Strategy, Legal & Organizational Risk Management, Regulations of different Geographies - A new challenge in compliance, National and Cross Border IT Contracts & Acquisitions, New Paradigm for IT and Technology Contracts, Copyrights and Patents and Licensing Agreements. The esteemed gathering shared their views and opinions on the prevailing global trends influencing domestic industry and available opportunities as well as developing risks.
Summing up on the significance of the Summit, Shyam Grover, Group Editor & CEO, Lex Witness said, "The robust growth rate of the Indian IT sector over past few years can be credited to its expansion into varied verticals, well differentiated service offerings and increasing geographic infiltration. Combined together, these factors have brought our domestic industry on the global map. I am glad that we could bring together so many professionals of Indian IT assemblage under one roof and know the significant developments and challenges of the field from them."
IT Legal Summit 2013 was supported by TMT Law Practice as Gold Partner, Sand Legal Associates as Associate Partner, WE 45 as Bronze Partner, Sunil Thacker Associates and Deepak Sabharwal & Associates as Kit Sponsors, Society of Indian Law Firms, Indian Corporate Counsel Association, Singapore International Arbitration Centre and LCIA India as Fraternity Partners, Lawyers Club India (LCI), India National Bar Association, India Law Journal (ILJ) and Think Legal (TL) as Supporting Partners and Lawyers Club India (LCI) as Online Media Partner.
For the Editors
WITNESS is a high quality monthly magazine with the power of fresh and original content that deals exclusively with subjects on legality. Some of India top-notch practitioners and experts contribute in WITNESS on subjects relevant to all stakeholders in this profession.
WITNESS, ever since its inception in 2009, has become India's most credible platform for the legal luminaries here to opine, comment and share their views. With an interesting blend of opinion pieces, commentary, reportage, analysis, interviews and movements, Lex Witness is a monthly magazine that reaches out to the entire fraternity of General Counsel/ Corporate counsel and lawyers and law firms besides key decision makers, luminaries, experts, policy makers, bureaucracy and the industry captains in India.
www.witnesslive.in | For more details on the Summit visit www.itls2013.com
To view the photograph, please click on the link given below:
L to R : Rajesh S Narang, Vice President - Legal & Company Secretary, Mindtree Limited; Samuel Mani, Former General Counsel, Infosys; Inderpreet Sawhney, Senior Vice President and General Counsel, Wipro Technologies; Madhav Anchan, Head Legal, Tata Consultancy Services; B Sai Chandravadhan, Managing Director, Sand Legal Services Private Limited and Mysore Prasanna, Independent Consultant (Session Chair) at IT Legal Summit 2013 organized by Lex Witness Magazine
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/DSC_0260.JPG
L to R : Rajesh S Narang, Vice President - Legal & Company Secretary, Mindtree Limited; Samuel Mani, Former General Counsel, Infosys; Inderpreet Sawhney, Senior Vice President and General Counsel, Wipro Technologies; Madhav Anchan, Head Legal, Tata Consultancy Services; B Sai Chandravadhan, Managing Director, Sand Legal Services Private Limited and Mysore Prasanna, Independent Consultant (Session Chair) at IT Legal Summit 2013 organized by Lex Witness Magazine
CONTACT DETAILS
Anushka Bakshi, Positive Interactive, +91 9582555408, anushka@positiveindia.biz
KEYWORDS
CONSUMER, ENTERTAINMENT, PEOPLE, BUSINESS SERVICES, IT, MEDIA, PUBLISHING, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: LexWitness
Friday, May 24, 2013 05:31 PM IST (12:01 PM GMT)
Editors: General: Consumer interest, Entertainment, People; Business: Business services, Information technology, Media & entertainment, Publishing & printing; Technology
--------------------------------------------------
Lex Witness presents IT Legal Summit 2013
Industry professionals convenes for a thought provoking discourse on Changing State of Indian Technology and Consequential Emerging Legal Challenges
Bengaluru, Karnataka, India, Friday, May 24, 2013 -- (Business Wire India) -- The city of Bengaluru today witnessed an exclusive IT Legal Summit 2013 for tech solutions & service providers, tech customers and other stakeholders of the Information Technology industry. The summit was conceptualized and hosted by Lex WITNESS - India's 1st Magazine on Legal and Corporate Affairs for the participants to converse and share their knowledge on the prevailing risks affecting their businesses and new opportunities that could be explored.
The full day summit saw over 20 expert speakers including Abhay Bhargav - Chief Technology Officer, We45, Anindya Sircar - AVP and Head of IP Cell, Infosys, B. Sai Chandravadhan - Managing Director, Sand legal Services Private Limited, Bharat Mehta - VP, General Counsel and Ethics & Compliance Officer, Capgemini India, Inderpreet Sawhney - Senior Vice President and General Counsel, Wipro Technologies, Madhav Anchan - Head Legal, Tata Consultancy Services (TCS), Rajeev Nair - Director, Country Counsel - India, Hewlett-Packard India Pvt. Ltd., Rajesh Ramanathan - Partner , TMT Law Practice, Rama Padmanabhan - General Counsel, CISCO Systems India Pvt. Ltd., Tom Heerey - Senior Attorney and Director, Legal and Corporate Affairs, Microsoft India and many more engaging in a debate focused on four vital aspects of their businesses, namely Data Privacy and Protection, Contract Management and Intellectual Property Rights and Licensing Agreements. The summit saw participation of various proficient speakers.
The Indian IT Industry is growing steadily despite the global meltdown in the year 2009. When the whole world witnessed the negative growth, Indian IT industry still managed to register a growth of 5.5%. In the financial year 2013, the industry generated $108 billion revenue, with exports ($76 billion) two times more valuable than the domestic sector ($32 billion). The future looks promising, however the industry landscape is changing each day and as a result a new set of legal challenges are emerging from the new data privacy and protection law, changing business models, social networking, instant messaging and cloud computing.
Speaking on the occasion, PBA Srinivasan, Editor-in-Chief, Lex Witness said, "With the changing state of industry, there is increasing drive towards operational efficiencies and embracing new business models to offer customers a transformed business proposition. However, in order to achieve this aim it is very important to find out some effective resolving strategy to overcome the legal challenges and obligations currently present."
As technology continues to develop fast, laws are bound to become out dated leaving a grey area for interpretation for employers, consumers, legislators and regulators. In addition, the data privacy and protection laws in India, current as well as proposed and for other countries differ. On the other hand, IT contracts are particularly prone to problems as software development or implementation can be difficult to predict and results are not always as an IT supplier or IT customer may have expected. Even the software patents and how they are perceived to impact on innovation is one of the most debated topics after the recent high smart phone "patent war." These patents present significant challenges to app and software developers. Different jurisdictions have different standards to allow ability of software patents, and these standards continue to evolve.
The day long discussion focused on Data Privacy & Protection: Regulations & Organizational Strategy, Legal & Organizational Risk Management, Regulations of different Geographies - A new challenge in compliance, National and Cross Border IT Contracts & Acquisitions, New Paradigm for IT and Technology Contracts, Copyrights and Patents and Licensing Agreements. The esteemed gathering shared their views and opinions on the prevailing global trends influencing domestic industry and available opportunities as well as developing risks.
Summing up on the significance of the Summit, Shyam Grover, Group Editor & CEO, Lex Witness said, "The robust growth rate of the Indian IT sector over past few years can be credited to its expansion into varied verticals, well differentiated service offerings and increasing geographic infiltration. Combined together, these factors have brought our domestic industry on the global map. I am glad that we could bring together so many professionals of Indian IT assemblage under one roof and know the significant developments and challenges of the field from them."
IT Legal Summit 2013 was supported by TMT Law Practice as Gold Partner, Sand Legal Associates as Associate Partner, WE 45 as Bronze Partner, Sunil Thacker Associates and Deepak Sabharwal & Associates as Kit Sponsors, Society of Indian Law Firms, Indian Corporate Counsel Association, Singapore International Arbitration Centre and LCIA India as Fraternity Partners, Lawyers Club India (LCI), India National Bar Association, India Law Journal (ILJ) and Think Legal (TL) as Supporting Partners and Lawyers Club India (LCI) as Online Media Partner.
For the Editors
WITNESS is a high quality monthly magazine with the power of fresh and original content that deals exclusively with subjects on legality. Some of India top-notch practitioners and experts contribute in WITNESS on subjects relevant to all stakeholders in this profession.
WITNESS, ever since its inception in 2009, has become India's most credible platform for the legal luminaries here to opine, comment and share their views. With an interesting blend of opinion pieces, commentary, reportage, analysis, interviews and movements, Lex Witness is a monthly magazine that reaches out to the entire fraternity of General Counsel/ Corporate counsel and lawyers and law firms besides key decision makers, luminaries, experts, policy makers, bureaucracy and the industry captains in India.
www.witnesslive.in | For more details on the Summit visit www.itls2013.com
To view the photograph, please click on the link given below:
L to R : Rajesh S Narang, Vice President - Legal & Company Secretary, Mindtree Limited; Samuel Mani, Former General Counsel, Infosys; Inderpreet Sawhney, Senior Vice President and General Counsel, Wipro Technologies; Madhav Anchan, Head Legal, Tata Consultancy Services; B Sai Chandravadhan, Managing Director, Sand Legal Services Private Limited and Mysore Prasanna, Independent Consultant (Session Chair) at IT Legal Summit 2013 organized by Lex Witness Magazine
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/DSC_0260.JPG
L to R : Rajesh S Narang, Vice President - Legal & Company Secretary, Mindtree Limited; Samuel Mani, Former General Counsel, Infosys; Inderpreet Sawhney, Senior Vice President and General Counsel, Wipro Technologies; Madhav Anchan, Head Legal, Tata Consultancy Services; B Sai Chandravadhan, Managing Director, Sand Legal Services Private Limited and Mysore Prasanna, Independent Consultant (Session Chair) at IT Legal Summit 2013 organized by Lex Witness Magazine
CONTACT DETAILS
Anushka Bakshi, Positive Interactive, +91 9582555408, anushka@positiveindia.biz
KEYWORDS
CONSUMER, ENTERTAINMENT, PEOPLE, BUSINESS SERVICES, IT, MEDIA, PUBLISHING, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: MICE and Luxury Travel a Big Business in India
Press release from Business Wire India
Source: QnA International
Friday, May 24, 2013 04:20 PM IST (10:50 AM GMT)
Editors: General: Consumer interest, Entertainment, People, Travel & tourism; Business: Advertising, PR & marketing, Automotives, Business services, Hospitality, Media & entertainment, Transport engineering, Travel & tourism; Automotive
--------------------------------------------------
MICE and Luxury Travel a Big Business in India
Dubai, United Arab Emirates, Friday, May 24, 2013 -- (Business Wire India) -- A two day congress focused on this booming sector to be hosted in Mumbai on July 25th and 26th
A powerful economy coupled with a large population keen to explore the world, India is well positioned for un-paralleled development within the travel and tourism sector. As this segment keeps growing in leaps and bounds, there is a growing need among Indian business travelers for information on the latest trends in this sector.
Indian corporate travel buyers from a variety of multi-national companies, premium wedding planners and high end outbound travel agents will attend this exclusive executive congress at the Hyatt Regency, Mumbai, India for the MICE India & Luxury Travel Congress . Together they control annual meetings and events budgets in excess of $100 million.
During the two day program, the carefully selected group of buyers will meet up to 30 Indian & International suppliers in the MICE sector: Tourism Boards, Hotels, Destination Management Companies, Convention Bureaus, Airlines and Congress Centers. The congress organised by QnA International, a leading B2B conference production company from Dubai, offers extensive business opportunities where buyers and solution providers meet up face to face during the pre-scheduled one-to-one appointments. The program comprises of panel discussions and keynotes by industry leaders and five star networking events hosted in a very captive 5 star environment.
"In my own experience we have taken so may off-sites in which the ROI has been multiple times. Travel in India has seen a huge trajectory and now apart from exploring various frontiers geographically, Indian MICE market has started evolving hugely in luxury travel space. While India has seen a few Trade events in the past there has been none dedicated specifically to MICE & Luxury Travel. " Birju Gariba, CEO, Platinum Events
Top corporates have expanded their budget aside to provide incentives to employees, distributors, associates and dealers in bid to keep loyalty and the bottom line result intact. With the growing number of Corporate business and incentive travellers, premium wedding planners seeking new destinations and experiences and the Bollywood outbound tourism potential only beginning to be milked, tourism boards and destination management companies (DMC) are keen to cash in on the tour circuit.
Top level management representatives from Reliance Industries, Essar Group, Tata Motors, Dr. Reddy's Laboratories, Dr. Lal's Laboratories, KUONI, Abercrombie & Kent, Creative Travel, Outbound Tour Operators Association India (OTOAI), Platinum Incentives & Events Group, Red Events amongst others will be sharing vital insights and strategic expertise on successful corporate event and business travel planning and execution during the congress.
"Incentive trips have a far reaching impact beyond the mere 'incentive' part of it. If that were not the case, companies would have resorted to the simpler expedient of doling out money or gifts. Cash and gifts have a rub off that last a few minutes, whereas as incentive trip leaves a warm glow. Any experienced team leader will concur that team effectiveness goes up significantly following a well- planned and organised incentive trip " Sujan Roy, Head marketing, Tata Motors
The congress will be attended by Travel and Tourism suppliers. Some of the key partners for the MICE India & Luxury Travel Congress 2013 include the Atlantis, The Palm - Dubai, Tivoli Hotels and Resorts - Portugal, Mideast International Tours - Greece, Tam Tam Tours - Mauritius, Musafir.com - UAE, Radisson Blu Resort Temple Bay - India, Zurich Tourism Board - Switzerland,IMT Travel Services - Greece, AIM Group International - Portugal, Renaissance Arc De Triomphe Hotel - Paris, Avari Dubai Hotels and Apartments - Dubai, Select Seychelles - Seychelles, Lux Resorts - Mauritius, Sana Hotels- Portugal, Mauritius Tourism Promotion Authority- Mauritius, Connections DMC - Mauritius amongst others.
One of the leading travel management company from the GCC and India, ITL World has also recently confirmed as a strategic partner for the congress.
"Insights into the Indian MICE and Travel market and best practice sharings through the eyes of Indian's top level executives and decision makers from the travel fraternity will prove beneficial in understanding and tapping the growing potential seen within this travel segment." Rajeev Wagle, MD, Kuoni India
Website:www.miltcongress.com
Organiser's website: www.qnainternational.com
To view the attachment, please click on the link given below:
MILT Congress Partners
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/MILT Sponsors.pdf
MILT Congress Partners
CONTACT DETAILS
Prachi Dawar Jain, Project Manager, MICE India and Luxury Travel Congress, +971 4388 5545, prachi@qnainternational.com
KEYWORDS
CONSUMER, ENTERTAINMENT, PEOPLE, TOURISM, MARKETING, AUTOMOTIVE, BUSINESS SERVICES, HOSPITALITY, MEDIA, TRANSPORT, TRAVEL, AUTOMOTIVE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: QnA International
Friday, May 24, 2013 04:20 PM IST (10:50 AM GMT)
Editors: General: Consumer interest, Entertainment, People, Travel & tourism; Business: Advertising, PR & marketing, Automotives, Business services, Hospitality, Media & entertainment, Transport engineering, Travel & tourism; Automotive
--------------------------------------------------
MICE and Luxury Travel a Big Business in India
Dubai, United Arab Emirates, Friday, May 24, 2013 -- (Business Wire India) -- A two day congress focused on this booming sector to be hosted in Mumbai on July 25th and 26th
A powerful economy coupled with a large population keen to explore the world, India is well positioned for un-paralleled development within the travel and tourism sector. As this segment keeps growing in leaps and bounds, there is a growing need among Indian business travelers for information on the latest trends in this sector.
Indian corporate travel buyers from a variety of multi-national companies, premium wedding planners and high end outbound travel agents will attend this exclusive executive congress at the Hyatt Regency, Mumbai, India for the MICE India & Luxury Travel Congress . Together they control annual meetings and events budgets in excess of $100 million.
During the two day program, the carefully selected group of buyers will meet up to 30 Indian & International suppliers in the MICE sector: Tourism Boards, Hotels, Destination Management Companies, Convention Bureaus, Airlines and Congress Centers. The congress organised by QnA International, a leading B2B conference production company from Dubai, offers extensive business opportunities where buyers and solution providers meet up face to face during the pre-scheduled one-to-one appointments. The program comprises of panel discussions and keynotes by industry leaders and five star networking events hosted in a very captive 5 star environment.
"In my own experience we have taken so may off-sites in which the ROI has been multiple times. Travel in India has seen a huge trajectory and now apart from exploring various frontiers geographically, Indian MICE market has started evolving hugely in luxury travel space. While India has seen a few Trade events in the past there has been none dedicated specifically to MICE & Luxury Travel. " Birju Gariba, CEO, Platinum Events
Top corporates have expanded their budget aside to provide incentives to employees, distributors, associates and dealers in bid to keep loyalty and the bottom line result intact. With the growing number of Corporate business and incentive travellers, premium wedding planners seeking new destinations and experiences and the Bollywood outbound tourism potential only beginning to be milked, tourism boards and destination management companies (DMC) are keen to cash in on the tour circuit.
Top level management representatives from Reliance Industries, Essar Group, Tata Motors, Dr. Reddy's Laboratories, Dr. Lal's Laboratories, KUONI, Abercrombie & Kent, Creative Travel, Outbound Tour Operators Association India (OTOAI), Platinum Incentives & Events Group, Red Events amongst others will be sharing vital insights and strategic expertise on successful corporate event and business travel planning and execution during the congress.
"Incentive trips have a far reaching impact beyond the mere 'incentive' part of it. If that were not the case, companies would have resorted to the simpler expedient of doling out money or gifts. Cash and gifts have a rub off that last a few minutes, whereas as incentive trip leaves a warm glow. Any experienced team leader will concur that team effectiveness goes up significantly following a well- planned and organised incentive trip " Sujan Roy, Head marketing, Tata Motors
The congress will be attended by Travel and Tourism suppliers. Some of the key partners for the MICE India & Luxury Travel Congress 2013 include the Atlantis, The Palm - Dubai, Tivoli Hotels and Resorts - Portugal, Mideast International Tours - Greece, Tam Tam Tours - Mauritius, Musafir.com - UAE, Radisson Blu Resort Temple Bay - India, Zurich Tourism Board - Switzerland,IMT Travel Services - Greece, AIM Group International - Portugal, Renaissance Arc De Triomphe Hotel - Paris, Avari Dubai Hotels and Apartments - Dubai, Select Seychelles - Seychelles, Lux Resorts - Mauritius, Sana Hotels- Portugal, Mauritius Tourism Promotion Authority- Mauritius, Connections DMC - Mauritius amongst others.
One of the leading travel management company from the GCC and India, ITL World has also recently confirmed as a strategic partner for the congress.
"Insights into the Indian MICE and Travel market and best practice sharings through the eyes of Indian's top level executives and decision makers from the travel fraternity will prove beneficial in understanding and tapping the growing potential seen within this travel segment." Rajeev Wagle, MD, Kuoni India
Website:www.miltcongress.com
Organiser's website: www.qnainternational.com
To view the attachment, please click on the link given below:
MILT Congress Partners
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/MILT Sponsors.pdf
MILT Congress Partners
CONTACT DETAILS
Prachi Dawar Jain, Project Manager, MICE India and Luxury Travel Congress, +971 4388 5545, prachi@qnainternational.com
KEYWORDS
CONSUMER, ENTERTAINMENT, PEOPLE, TOURISM, MARKETING, AUTOMOTIVE, BUSINESS SERVICES, HOSPITALITY, MEDIA, TRANSPORT, TRAVEL, AUTOMOTIVE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: SMG Convonix Launches No-Touch Interactive Banner for Samsung Galaxy S4
Press release from Business Wire India
Source: SMG Convonix
Friday, May 24, 2013 04:00 PM IST (10:30 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Information technology, Major diversified industrial groups, Media & entertainment, Telecommunications; Technology
--------------------------------------------------
SMG Convonix Launches 'No-Touch Interactive Banner' for Samsung Galaxy S4
Mumbai, Maharashtra, India, Friday, May 24, 2013 -- (Business Wire India) -- Seeking to give consumers an opportunity to experience the technological marvels of the Galaxy S4 in real-time, SMG Convonix is launching an innovative Augmented Reality Motion Control Interactive Banner that will be available for Yahoo! users today, May 24th and May 29th. Youtube users can experience the same on May 26th. This innovation in the digital space provides users an opportunity to experience and interact with two very innovative features of the Samsung Galaxy S4- the "Smart Pause" and "Air Gesture".
The 'Samsung Smart Pause' in the Galaxy S4 enables users to control the screen by where you look. When you are watching a video, the video pauses when you look away and resumes playing when you are back. 'Air Gesture' allows users to; for example, change the music track they are listening to with a wave of their hand. 'Air View' will preview photos and emails by hovering over the screen with your finger.
The technological capabilities of SMG Convonix have made it possible reproduce these features in a web browser and allows users to interact with content on the banner by way of gestures with a webcam within the comforts of their home or workspace in real-time. Users will now have an opportunity to experience these two unique features of the Samsung Galaxy S4, digitally, without having to either click on their screen or physically going to any retail store. This is a unique innovation in interactive banners implemented in India which uses the web-cam for real-time simulation of technology features and it's a banner you can interact with without a click.
Commenting on this innovation, Rahul Saigal, Chief Marketing Officer, Samsung India, stated, "At Samsung, we are committed to innovation. Even as our products like the Samsung Galaxy S4 exemplify this commitment, we are relying on digital innovation in the form of this Augmented Reality Motion Control Interactive Banner to bring alive the Galaxy S4 innovations for our consumers in the comfort of their workplace or home."
According to Vishal Sampat, CEO, SMG Convonix, "The Samsung Galaxy S4 represents a paradigm shift in the way smartphones integrate with our lives and is truly a Life Companion. The challenge was to bring alive the features of this revolutionary smartphone to the consumer in a clutter-free environment and deliver the experience in a simple yet effective manner. Our constant focus on keeping alive the Human Experience aspect in our work and leveraging technology to deliver meaningful campaigns enabled us to do just that. We hope that this innovation will not just create awareness about the Samsung Galaxy S4 but also drive aspiration for the product and brand among the consumers."
About SMG Convonix:
SMG Convonix, is the digital marketing arm of the Starcom Mediavest Group, the Human Experience Company. Powered by a team of young and energetic digital marketing professionals SMG Convonix is one of the foremost integrated digital marketing solutions provider in India, which drives synergies across various elements of the online ecosystem to architect solutions that sit right at the heart of their client's business imperatives.
About Samsung Electronics Co. Ltd.: Samsung Electronics Co., Ltd. is a global leader in technology, opening new possibilities for people everywhere. Through relentless innovation and discovery, the company is transforming the worlds of televisions, smartphones, personal computers, printers, cameras, home appliances, LTE systems, medical devices, semiconductors and LED solutions. The company employs 236,000 people across 79 countries with annual sales of US$187.8 billion. To discover more, please visit www.samsung.com.
CONTACT DETAILS
Sneha Padmanabhan, +91 9892943489, sneha.padmanabhan@convonix.com
KEYWORDS
CONSUMER, PEOPLE, MARKETING, BUSINESS SERVICES, ELECTRONICS, IT, GROUPS, MEDIA, TELECOMMUNICATIONS, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: SMG Convonix
Friday, May 24, 2013 04:00 PM IST (10:30 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Information technology, Major diversified industrial groups, Media & entertainment, Telecommunications; Technology
--------------------------------------------------
SMG Convonix Launches 'No-Touch Interactive Banner' for Samsung Galaxy S4
Mumbai, Maharashtra, India, Friday, May 24, 2013 -- (Business Wire India) -- Seeking to give consumers an opportunity to experience the technological marvels of the Galaxy S4 in real-time, SMG Convonix is launching an innovative Augmented Reality Motion Control Interactive Banner that will be available for Yahoo! users today, May 24th and May 29th. Youtube users can experience the same on May 26th. This innovation in the digital space provides users an opportunity to experience and interact with two very innovative features of the Samsung Galaxy S4- the "Smart Pause" and "Air Gesture".
The 'Samsung Smart Pause' in the Galaxy S4 enables users to control the screen by where you look. When you are watching a video, the video pauses when you look away and resumes playing when you are back. 'Air Gesture' allows users to; for example, change the music track they are listening to with a wave of their hand. 'Air View' will preview photos and emails by hovering over the screen with your finger.
The technological capabilities of SMG Convonix have made it possible reproduce these features in a web browser and allows users to interact with content on the banner by way of gestures with a webcam within the comforts of their home or workspace in real-time. Users will now have an opportunity to experience these two unique features of the Samsung Galaxy S4, digitally, without having to either click on their screen or physically going to any retail store. This is a unique innovation in interactive banners implemented in India which uses the web-cam for real-time simulation of technology features and it's a banner you can interact with without a click.
Commenting on this innovation, Rahul Saigal, Chief Marketing Officer, Samsung India, stated, "At Samsung, we are committed to innovation. Even as our products like the Samsung Galaxy S4 exemplify this commitment, we are relying on digital innovation in the form of this Augmented Reality Motion Control Interactive Banner to bring alive the Galaxy S4 innovations for our consumers in the comfort of their workplace or home."
According to Vishal Sampat, CEO, SMG Convonix, "The Samsung Galaxy S4 represents a paradigm shift in the way smartphones integrate with our lives and is truly a Life Companion. The challenge was to bring alive the features of this revolutionary smartphone to the consumer in a clutter-free environment and deliver the experience in a simple yet effective manner. Our constant focus on keeping alive the Human Experience aspect in our work and leveraging technology to deliver meaningful campaigns enabled us to do just that. We hope that this innovation will not just create awareness about the Samsung Galaxy S4 but also drive aspiration for the product and brand among the consumers."
About SMG Convonix:
SMG Convonix, is the digital marketing arm of the Starcom Mediavest Group, the Human Experience Company. Powered by a team of young and energetic digital marketing professionals SMG Convonix is one of the foremost integrated digital marketing solutions provider in India, which drives synergies across various elements of the online ecosystem to architect solutions that sit right at the heart of their client's business imperatives.
About Samsung Electronics Co. Ltd.: Samsung Electronics Co., Ltd. is a global leader in technology, opening new possibilities for people everywhere. Through relentless innovation and discovery, the company is transforming the worlds of televisions, smartphones, personal computers, printers, cameras, home appliances, LTE systems, medical devices, semiconductors and LED solutions. The company employs 236,000 people across 79 countries with annual sales of US$187.8 billion. To discover more, please visit www.samsung.com.
CONTACT DETAILS
Sneha Padmanabhan, +91 9892943489, sneha.padmanabhan@convonix.com
KEYWORDS
CONSUMER, PEOPLE, MARKETING, BUSINESS SERVICES, ELECTRONICS, IT, GROUPS, MEDIA, TELECOMMUNICATIONS, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Gabriel Indias Obsession with Quality Earns it Accolades in the FICCI Quality Systems Excellence Awards for 2012 for Manufacturing, a Second Time in a Row
Press release from Business Wire India
Source: Gabriel India Ltd
Friday, May 24, 2013 03:40 PM IST (10:10 AM GMT)
Editors: General: Entertainment, People; Business: Automotives, Business services, Media & entertainment; Technology; Automotive
--------------------------------------------------
Gabriel India's Obsession with Quality Earns it Accolades in the FICCI Quality Systems Excellence Awards for 2012 for Manufacturing, a Second Time in a Row
New Delhi, Delhi, India, Friday, May 24, 2013 -- (Business Wire India) -- Gabriel India Ltd. won the first prize in the medium size category of FICCI Quality Systems Excellence Awards for 2012 for manufacturing a second time in a row. The award was presented by Shri Saurabh Chandra, Secretary Department of Industrial Policy and Promotion (DIPP) to Mr. Manoj Kolhatkar, MD Gabriel India Limited and Mr. PLR Reddy, Plant Head, Gabriel India Limited at the ceremony held in New Delhi.
According to Mr. Manoj Kolhatkar, MD Gabriel India Ltd, "We are proud to receive this prestigious award. We at Gabriel are very focused in ensuring high standards of quality in manufacturing processes. This award is a testimony to our conscious efforts to ensure high standards of quality in all our systems and processes.
Quality Council of India is the Knowledge Partner for these awards. Some of the key parameters that are being looked at for these awards are customer focus, effectiveness of customer related processes in organizations; the motivation and implication of top management; capability to assess suppliers' capabilities to meet product and service requirement on a continuing basis; ensuring effective, testing, calibration and inspection activities; the process approach and continual improvement; quality risk management process etc. These quality systems help ensure that customers get consistent, good quality products and services.
This year 79 companies applied for these awards as against 63 in the last edition. Applicants came from twelve broad sectors of manufacturing i.e. automotive, cement, steel, engineering, electronics, chemicals, FMCG, Tyres, Paper, Refinery, Food and Textiles. The awards are given after a three stage rigorous process of document evaluation; on-site audit and finally Jury's decision. Jury was chaired by Mr Surendra Singh, Former Cabinet Secretary to Government of India.
Gabriel manufactures a wide variety of suspension products Shock Absorbers and Front Fork that are precision engineered and ride-tuned to meet the growing demands of today's customers.
Note to the Editor
About Gabriel India
Gabriel India Limited is the flagship company of Anand, established in 1961 and is the Pioneer of Ride Control products in India. As the leading manufacturer in the country, Gabriel India supplies to every major OEM in India, along with a strong focus on the Aftermarket and Exports. The Company has a comprehensive portfolio of products that have applications in 2-wheelers, 3-wheelers, Passenger Vehicles, Commercial Vehicles and the Railways.
Gabriel India has a product specific Technical Assistance agreement with KYB Corporation, Japan, KYBSE Spain and Yamaha Motor Hydraulic System, Japan for passenger cars and two wheeler applications.
About Anand
Anand is among India's leading manufacturers of Automotive Systems and Components. An Industry leader in automotive solutions, the group recorded a sales turnover of INR 58 Billion in 2012.
Anand was established in the year 1961 with Gabriel India, the group's flagship company in Mumbai for manufacturing Shock Absorbers. Today, with nineteen companies spread across 49 locations and nine states of the country, Anand is the country's leading OEM supplier.
The group is well known for its established and successful partnerships with a number of leading automotive component companies from around the world, each one being a world leader in its area of operation. Anand has a total of 15 Joint Ventures and 6 Technical Collaborations all of which stand testimony to Anand's well recognised spirit of partnership.
The group firmly believes that business is 90% people and proudly asserts its key asset to be its dedicated workforce of approximately 13,000 people. The group has pioneered a number of benchmark Human Resource practices in the Industry.
CONTACT DETAILS
Abhinav Sood, Communications Inc, +91 9810605190, abhinav.sood@communicationsinc.in
sood.abhinav@gmail.com
KEYWORDS
ENTERTAINMENT, PEOPLE, AUTOMOTIVE, BUSINESS SERVICES, MEDIA, TECHNOLOGY, AUTOMOTIVE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Gabriel India Ltd
Friday, May 24, 2013 03:40 PM IST (10:10 AM GMT)
Editors: General: Entertainment, People; Business: Automotives, Business services, Media & entertainment; Technology; Automotive
--------------------------------------------------
Gabriel India's Obsession with Quality Earns it Accolades in the FICCI Quality Systems Excellence Awards for 2012 for Manufacturing, a Second Time in a Row
New Delhi, Delhi, India, Friday, May 24, 2013 -- (Business Wire India) -- Gabriel India Ltd. won the first prize in the medium size category of FICCI Quality Systems Excellence Awards for 2012 for manufacturing a second time in a row. The award was presented by Shri Saurabh Chandra, Secretary Department of Industrial Policy and Promotion (DIPP) to Mr. Manoj Kolhatkar, MD Gabriel India Limited and Mr. PLR Reddy, Plant Head, Gabriel India Limited at the ceremony held in New Delhi.
According to Mr. Manoj Kolhatkar, MD Gabriel India Ltd, "We are proud to receive this prestigious award. We at Gabriel are very focused in ensuring high standards of quality in manufacturing processes. This award is a testimony to our conscious efforts to ensure high standards of quality in all our systems and processes.
Quality Council of India is the Knowledge Partner for these awards. Some of the key parameters that are being looked at for these awards are customer focus, effectiveness of customer related processes in organizations; the motivation and implication of top management; capability to assess suppliers' capabilities to meet product and service requirement on a continuing basis; ensuring effective, testing, calibration and inspection activities; the process approach and continual improvement; quality risk management process etc. These quality systems help ensure that customers get consistent, good quality products and services.
This year 79 companies applied for these awards as against 63 in the last edition. Applicants came from twelve broad sectors of manufacturing i.e. automotive, cement, steel, engineering, electronics, chemicals, FMCG, Tyres, Paper, Refinery, Food and Textiles. The awards are given after a three stage rigorous process of document evaluation; on-site audit and finally Jury's decision. Jury was chaired by Mr Surendra Singh, Former Cabinet Secretary to Government of India.
Gabriel manufactures a wide variety of suspension products Shock Absorbers and Front Fork that are precision engineered and ride-tuned to meet the growing demands of today's customers.
Note to the Editor
About Gabriel India
Gabriel India Limited is the flagship company of Anand, established in 1961 and is the Pioneer of Ride Control products in India. As the leading manufacturer in the country, Gabriel India supplies to every major OEM in India, along with a strong focus on the Aftermarket and Exports. The Company has a comprehensive portfolio of products that have applications in 2-wheelers, 3-wheelers, Passenger Vehicles, Commercial Vehicles and the Railways.
Gabriel India has a product specific Technical Assistance agreement with KYB Corporation, Japan, KYBSE Spain and Yamaha Motor Hydraulic System, Japan for passenger cars and two wheeler applications.
About Anand
Anand is among India's leading manufacturers of Automotive Systems and Components. An Industry leader in automotive solutions, the group recorded a sales turnover of INR 58 Billion in 2012.
Anand was established in the year 1961 with Gabriel India, the group's flagship company in Mumbai for manufacturing Shock Absorbers. Today, with nineteen companies spread across 49 locations and nine states of the country, Anand is the country's leading OEM supplier.
The group is well known for its established and successful partnerships with a number of leading automotive component companies from around the world, each one being a world leader in its area of operation. Anand has a total of 15 Joint Ventures and 6 Technical Collaborations all of which stand testimony to Anand's well recognised spirit of partnership.
The group firmly believes that business is 90% people and proudly asserts its key asset to be its dedicated workforce of approximately 13,000 people. The group has pioneered a number of benchmark Human Resource practices in the Industry.
CONTACT DETAILS
Abhinav Sood, Communications Inc, +91 9810605190, abhinav.sood@communicationsinc.in
sood.abhinav@gmail.com
KEYWORDS
ENTERTAINMENT, PEOPLE, AUTOMOTIVE, BUSINESS SERVICES, MEDIA, TECHNOLOGY, AUTOMOTIVE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Subscribe to:
Posts (Atom)