Platts to Announce 2009 Top 250 Global Energy CompaniesNEW YORK - - Ranking to be Unveiled at Top 250 Global Energy Companies Awards and Leadership Dinner during Singapore International Energy Week Independent Research Firm Names Infosys Technologies as a Leader In SAP ImplementationBANGALORE, India - - Investments and Vision for Market, Strong Implementation Practice and Very Strong Client References Contribute to Placement Epix Pharmaceuticals, Inc. Announces PRX-07034 Therapeutics - CNS Phase 2 Will be Part of the Intellectual Property Offered for Sale at the September 30, 2009 AuctionWELLESLEY HILLS, Massachusetts - Joseph F. Finn, Jr., C.P.A. (”Finn”), announced today that the PRX-07034 Therapeutics - CNS Phase 2 will be part of the intellectual property offered for sale at the September 30, 2009 auction. Supermicro Announces 4 Teraflop GPU Computing SystemSAN JOSE, California - - New SuperWorkstation Supports 4 Double-Width GPUs Super Micro Computer, Inc. (Nasdaq: SMCI), a leader in application-optimized, high performance server and workstation solutions, today announced availability of its dual Intel(R) Xeon(R) 5500 Series (Nehalem) processor-based 7046GT-TRF SuperWorkstations. These powerful SuperWorkstations are the first to support four NVIDIA Tesla C1060 GPUs as well as three additional PCI-e add-on cards for high-bandwidth I/O. These new systems also feature redundant Gold Level (93%+ efficiency) 1400-watt power supplies and quiet operation making them ideal for both enterprise and office supercomputing applications. Sir Ivan, Founder of The Peaceman Foundation, to Host Flower-Powered Fundraising Event at Hampton’s Castle in Celebration of Woodstock’s 40th AnniversaryNEW YORK - Caped peace crusader and musician, Sir Ivan, who founded The Peaceman Foundation to combat hate crimes and to assist sufferers of Post Traumatic Stress Disorder (PTSD), announced today that the only benefit event for the Foundation this year will be CASTLESTOCK — a celebration of the 40th Anniversary of Woodstock. The event will be held on Saturday, August 22, 2009, 40 years after Woodstock occurred. CASTLESTOCK will recreate the ambiance and spirit of Woodstock and will raise money for the Foundation. The fundraising event will take place at Sir Ivan’s Castle; a 15,000-square-foot, 20-room, three-story, medieval-style castle on a manicured five-acre estate. Tech Mahindra Launches Interoperability Test (IOT) Lab Services for Next Generation Networks (NGN)BANGALORE, India - - The Company Sets up an IOT Lab in Bangalore, India - To Support TEMs, TSPs & ISVs for Voice & Video Domains Turnitin(TM) Introduces Services in Asian LanguagesOAKLAND, California - - Company Releases Originality Checking and GradeMark for Chinese, Japanese, Korean, Thai and Bahasa Melayu Indiagames Brings the England vs. Australia Cricket Test Series on Your Mobile and iPhoneMUMBAI, India - Avid gamers are all set to take the field for a clash of the titans in the England vs. Australia test series presented by Indiagames, for the mobile and the iphone. This 2D mobile game brings to you the ultimate cricketing action capturing the true essence of the ‘Ashes cup’ between the two nations. OSS BSS Solutions Market Growing Rapidly in India, Reveals Frost & SullivanMUMBAI, India - The phenomenal growth in the Indian telecommunication industry has led to the increased demand for Operation Support System and Business Support System (OSS BSS) solutions. Decreasing Average Revenue per User (ARPU) in a predominantly pre-paid telecom market has forced Telecom Service Providers (TSPs) to look for alternate sources of revenue in terms of Value Added Service (VAS) and increase focus on customer satisfaction. They also have to meet increasing demand in IT requirement to cope up with rapidly increasing subscriber base. These factors have fuelled growth of OSS BSS solutions brought about by emerging services like Service Delivery Platform (SDP), which help in faster rollout of services. /C O R R E C T I O N — Indiagames Ltd./LONDON - In the news release, “Indiagames Brings the England vs. Australia Cricket Test Series on Your Mobile and iPhone” issued on 7 Aug 2009 09:37 GMT, by Indiagames Ltd. BSE:532619 over PR Newswire, we are advised by a representative of the company that readers should disregard the earlier copy and refer to this new, updated version of the press release. Complete, corrected release follows: Bombay Stock Exchange - United Stock Exchange Form Alliance to Develop Currency & Interest Rate Derivatives MarketsMUMBAI, India - Bombay Stock Exchange Limited (BSE), today decided to take a 15% stake in United Stock Exchange (USE). USE, which will operate as a BSE Group Company, now brings together a consortium of key stakeholders - the exchange, banks, financial institutions - to drive the development and growth of the currency and interest rate derivatives markets. Charlie Rose Goes Global on Bloomberg TV, Radio, Web, MobileNEW YORK - Starting in September, CHARLIE ROSE, the acclaimed nightly in-depth conversation will reach audiences across the globe via Bloomberg’s multimedia platforms. Improving Road Infrastructure and Proposed Huge Investments in Pipelines Bode Well For the Liquid and Gaseous Cargo Transportation Market in IndiaMUMBAI, India - Rapidly rising consumption of petroleum oil and gases, together with liquid chemicals, is driving the market for transportation of liquid and gaseous cargo in India. The growing economy, increasing disposable income, and growth in automobile and industrial production continues to push the demand for natural gas as well as petroleum, oil, and lubricants (POL). More than half of the liquid and gaseous cargo in India was transported domestically by road in 2008; but with growing consumption, pipelines are expected to gain share from road and railways in the POL segment. The main reasons behind this are higher safety, lower rates of pilferage, and faster transportation time. China Pharma Events Keep Growing For UBMMAARSSEN, Netherlands - Numbers were impressive at June’s CPhI China, with ICSE China and P-MEC China - which together form Asia’s biggest annual networking opportunity for the pharma ingredients, services and production equipment communities. India’s Container Trade Thrives in Tandem With Booming Economy, Finds Frost & SullivanMUMBAI, India - India’s containerized transportation is poised for significant growth spearheaded by rising international trade, and increasing investments in ports infrastructure by the government and through public-private partnerships (PPPs). Sea traffic carries 95.0 percent of India’s exports by volume and 70.0 percent in value terms. Considering the present stage of economic development, the shifting of manufacturing activities to India, privatization of port operations, and demand from foreign nations to containerize commodities bode well for the market. Mobile Gaming to Reach US$18 Billion by 2014, Fueled by Subscriber Growth in Emerging Markets, Pyramid Research FindsCAMBRIDGE, Massachusetts - The global mobile gaming market will grow at a 16.6 percent CAGR to reach US$18 billion in 2014, driven by the explosive mobile subscriber growth in emerging markets, according to the latest report by Pyramid Research (www.pyr.com), the telecom research arm of the Light Reading Communications Network (www.lightreading.com). Frost & Sullivan’s Insights on Asian Manufacturer’s Perceptions on World Class Manufacturing (WCM)MUMBAI, India - Manufacturing is one of the key contributors to the growth of an economy. A country with a well-equipped manufacturing process is believed to be balanced and independent. Every economy goes through the cycle of growing from an agrarian to an industrial and finally to a service-dominated economy, which in turn leads to dependency on economies that can fulfill their product needs. This has led companies to compete globally to produce goods, which are acceptable as per the global norms. Invest and set the Foundation to Come out Ahead in the Rebound, Recommends Frost & Sullivan for the Indian Chemicals & Materials IndustryMUMBAI, India - - Frost & Sullivan’s ‘The Rising Tide’, an Exclusive Strategic Management and Partnership Summit for the Indian Chemicals & Materials Industry EPIX Pharmaceuticals, Inc. Announces August 25, 2009 for the Auction Sale of Equipment and September 30, 2009 for the Auction Sale of the Intellectual PropertyWELLESLEY HILLS, Massachusetts - Joseph F. Finn, Jr., C.P.A. (”Finn”), announced today that August 25, 2009 is the date for the sale of the equipment and September 30, 2009 is the date for the sale of the intellectual property. Mexican Company Goes GlobalMONTERREY, Mexico - The Mexican company Katcon Global closed as scheduled, on July 31st, the last stage of the acquisition of Delphi’s catalytic converter and exhaust system global business. This last phase consists in the acquisition of the manufacturing facilities located in Shanghai, China and Gurgaon, India. 9Global, Inc. Launches International Ad NetworkSAN BRUNO, California and LONDON - - Performance Based Ad Network to Connect Global Advertisers and Publishers Frost & Sullivan: Modernisation Programmes to Swell Opportunities for Overseas and Private Participants in the Indian Sea Training and Simulation MarketMUMBAI, India - The sea training and simulation market in India is at the growth stage. The market will experience steady expansion as a result of the modernisation programme of the Indian Navy and Coast Guard, providing more opportunities to overseas as well as private participants. Policies for FDI and private sector participation will be more favourable over the long term. To gain greater market share, companies should design easily upgradeable and interoperable simulators. Video: NI LabVIEW 2009 Targets Emerging Applications With New TechnologiesAUSTIN, Texas - - New Version of Software Simplifies Parallel Programming, Distributed Wireless Sensor Networks, RF Testing and Real-Time Math to Empower Innovation RISI Power List 2009 Reveals Top 50 Influential People in the Pulp & Paper IndustryBOSTON - RISI announced today that two-time RISI Latin American CEO of the Year, Jose Luciano Penido of Votorantim Celulose e Papel (VCP) tops the list of the most influential people in the pulp & paper industry. RISI published the industry’s second annual Power List in the July issue of Pulp & Paper International (PPI) Magazine. Oscar Award Winner, Dr. A.R. Rahman inaugurates Apollo Children’s Hospital - the First Standalone Quaternary Care Paediatric Hospital in the Apollo Hospitals GroupCHENNAI, India - Oscar Award Winner, Dr. A.R. Rahman today formally inaugurated the Apollo Children’s Hospital, the First Standalone Quaternary Care Paediatric Hospital in the Apollo Hospitals Group. Wipro First SAP Partner to be Certified Globally in Implementation of Run SAP(R) MethodologyBANGALORE, India - - Wipro now Certified to Implement end-to-end Solution Operations Standards for clients, Delivering Enhanced Efficiencies, Reduced Down Time and Costs Camlin Fine Chemicals Ltd Unaudited Financial Results Declared for the Quarter Ended 30th June, 2009MUMBAI, India - - PBT up by 19 % to Rs. 197.07 lacs; MUMBAI, India, July 30 /PRNewswire/ – DLF Announces Q1 FY10 ResultsNEW DELHI, India - - Revenue at Rs 1,746 cr, Net Profit at Rs 396 cr Editors Synopsis: Financial Highlights - Q1 FY10 (all comparisons with Q4 FY09) - Consolidated Revenue at Rs 1,746 crore, up by 29% from Rs 1,351 crore - EBIDTA at Rs 840 crore, up by 119% from Rs 384 crore - Consolidated PAT at Rs 396 crore, up by 149% from Rs 159 crore - EPS for the quarter at Rs 2.33 - Dividend of Rs 2 per share announced for FY09 Q1 FY10 (all comparisons with Q1 FY09) - Consolidated Revenue at Rs 1,746 crore, down by 55% from Rs 3,846 crore - EBIDTA at Rs 840 crore, down by 65% from Rs 2,380 crore - Consolidated PAT at Rs 396 crore, down by 79% from Rs 1,864 crore Balance Sheet - Focus on de-leveraging: Net Debt down by over Rs 2,000 crore - Received Rs 500 crore through sale of non-core assets; expect another Rs 5,000 crore during the current fiscal - Gearing at around 0.5, down from 0.6 as on March 31, 2009; target to reduce gearing to 0.3 by March 2010 Highlights - Q1 FY10 Industry - Real estate segment witnessing renewed activity - Aggressive reduction in prices has led to increased affordability - Most of the affordable housing projects garnered good response from customers - returning stability of housing market in India - As the economy improves, the pace of growth is expected to gather momentum - In the commercial segment, the level of enquiries has shown significant improvement, and as the economy improves, these are bound to convert into actual pre-leases Business - Total developable area at 423 msf, down from 425 msf mainly due to sale of projects and land - 42 msf of projects area under construction at the end of the quarter - Commenced construction on approx. 8 msf comprising homes (New Gurgaon) and commercial complexes (Okhla, New Delhi and Kolkata) during the quarter - Launched DLF Capital Greens, New Delhi - Part of the medium term strategy to launch city centric projects which have better margins than suburban premium homes - Excellent response to DLF Capital Greens - sold approx. 2msf in Phase I of the project in one day - Booked 0.50 msf of homes in Bangalore during the quarter - Handed over approx 1 msf of office (Gurgaon) and commercial complexes space (Delhi) - De-notification received from BoA for five SEZs - SIEL (Delhi), Bhubaneshwar, Sonepat, Gandhinagar and Kolkata - Sale of non-core assets and de-leveraging plan progressing as planned - All repayment commitments made in time DLF Assets Limited - Received Rs 2,500 crore in the quarter, exceeding the target of Rs 2,000 crore - Expect another Rs 500 crore during the fiscal - Receivables from DAL now stand at Rs 2,600 crore as compared to Rs 4,906 crore as on Mar 31, 2009 Outlook - Company getting reorganized with clear focus across two business segments - development (sales and commercial complexes) and annuity (offices and retail malls) - Portfolio adjustment towards liquidity preservation and de-leveraging - Continue to look at unlocking value from non-strategic assets as well as long gestation / marginal projects - Continue to test the market for mid-income housing across newer locations - Plans to launch strategic “city centric” housing projects and also progress with luxury segment - Selective launch of new commercial complexes by testing new markets - To commence construction at SBM, New Delhi in the next quarter - Further recovery action and due diligence for sale of non-core assets in progress Puerto Rico’s Telecom Market to Double its Data Revenue by 2014 despite Economic Contraction, finds PyramidCAMBRIDGE, Massachusetts - With the voice market shrinking, telecom operators face an opportunity to expand data services in Puerto Rico, as data revenue is expected to more than double by 2014 despite the deep economic contraction, according to the latest report from Pyramid Research (www.pyr.com), the telecom research arm of the Light Reading Communications Network (www.lightreading.com). Rising Consumption of Steel and Aluminium in the Infrastructure and Manufacturing Sectors Drive Metal Transportation Markets in IndiaMUMBAI, India - The metal transportation market in India is primarily driven by the manufacturing and infrastructure sectors. With both these witnessing impressive growth in the past few years, the consumption of metals, and thereby, revenues for the transportation of metals, have risen steadily. The prospects for the market will get brighter over the next five years, buoyed by several government initiatives in the infrastructure sector, and an expected early revival in the manufacturing sector. Sify Reports Revenues of $ 34.54 Million for the First Quarter of Fiscal Year 09-10CHENNAI, India - - Grows Revenues 10% Over Previous Year, Net Loss for the Quarter Reduced to $ 1.34 Million Armed Forces Modernisation Programme to Offer Lucrative Opportunities for Overseas and Private Participants in Indian Air Training and Simulation Market, Finds Frost & SullivanMUMBAI, India - The air training and simulation market in India is at a growth stage. The market will experience steady expansion as a result of the modernisation programme of the Indian armed forces, providing more opportunities to overseas as well as private participants. Policies for FDI and private sector participation will be more favourable over the long term. To gain greater market share, companies should design easily upgradeable and interoperable simulators. Call for Entries for TelcoTV Vision AwardsIRVINE, California - - High-profile promotion opportunity at industry’s premier converged entertainment show Light Reading China to Launch TelcoTV Asia ‘09 in Shanghai in OctoberSHANGHAI - - Two-day expo and conference is jointly hosted by major Shanghai government ministries and features speakers from leading Chinese and Asia/Pac carriers as well as top analysts from Pyramid Research and Heavy Reading Frost & Sullivan Study Reveals Telecom Sector to be the Most Resilient Sector in South Asia and Middle East MarketsMUMBAI, India - Global economies have had to face the heat of recession in recent years. Sectors which were growing by leaps and bounds and were at a time the most sought after markets to invest in, turned to dust in no time. During such trying times, the only sector, which has remained unscathed, has been telecom. |
