Top Ranked Asian MBA School Offers Full Fellowships to International StudentsDUBAI - The current economic downturn is creating new opportunities for professionals to upgrade their skills and competencies. With rising demand for such qualified professionals, S P Jain, one of Asia’s top ranked Business Schools, is offering fellowships for its 1 year full time Global MBA program, accredited by AMBA, UK and conducted in Dubai and Singapore, two of the hottest Asian business destinations. Colliers Arranges Central & Eastern Europe’s Largest Real Estate Transaction of 2009WARSAW, Poland - - Sells Office Building in Warsaw, Poland for euro 117 Million Colliers International has arranged Central & Eastern Europe’s largest commercial real estate transaction to-date in 2009 — the sale of the Deloitte House for euro 117 million. The newly constructed, 21,000-square-meter, Class A office building — located in the central business district of Warsaw, Poland — is also the city’s first certified green building. The property officially opened this month. Secret to Multiplay Success in Latin America Requires Mass Market Appeal, Finds PyramidCAMBRIDGE, Massachusetts - As operators continue to exhaust the high-income consumer segments in Latin America, the bundling strategies with the best chance of success involve broadened offerings that will attract lower-income households to broadband and pay-TV, according to a new report from Pyramid Research (www.pyr.com), the telecom research arm of the Light Reading Communications Network (www.lightreading.com). Growing Awareness on Energy Efficiency, Technological Advancements, and Burgeoning Construction Industry Fuel Lighting Controls and Systems Market in India, Notes Frost & SullivanMUMBAI, India - Although premature and unregulated, the lighting controls and systems market in India witnessed strong growth until recently. This was largely due to the boom in the construction sector, which saw huge investments in commercial, industrial, residential, and infrastructural construction. Growth over the next few years is likely to decelerate through 2010 due to the economic meltdown and the reduction in construction activity. Nonetheless, the market is likely to pick up momentum, primarily driven by energy-saving requirements. BT and Tata Communications Sign Global Strategic Voice Services AgreementMUMBAI, India - BT Group and Tata Communications Ltd., have signed a major voice services agreement that will allow two of the world’s largest providers of voice and IP services to mutually benefit from shared resources as part of a global supply arrangement. O2h and Hypoxium Announce an Agreement to Offer Hypoxium’s Specialised In Vitro, Cell-Based Oncology Assays via O2h’s Biology Affiliate ProgramCAMBRIDGE, England - O2h has initiated a networked approach towards being a full service discovery services company at the forefront of drug discovery research. O2h has established a new biology lab on-site in Ahmedabad, India offering physio-chemical and CYP450 assays. Malaysia’s Mobile Broadband Demand Growing Faster Than Expected, says Pyramid ResearchCAMBRIDGE, Massachusetts - Soaring demand for mobile broadband services in Malaysia, driven in part by intense competition, will result in higher-than-expected growth rates for telecom operators in that nation through 2014, according to a new report from Pyramid Research (www.pyr.com), the telecom research arm of the Light Reading Communications Network (www.lightreading.com). Frost & Sullivan Estimates Gray Iron and Spheroidal Graphite Iron Demand in the Indian Auto Industry to Reach 480,277 and 312,090 MT Respectively by 2013 in Automobile IndustryMUMBAI, India - Growing concern over pollution and higher operating costs has forced the closure of foundries in developing countries. It is estimated that nearly 4,000 foundries have closed in Europe and the United States, and demand has shifted to countries such as India, China, and Brazil. New vehicle production is cyclical and hence demand for iron from the automotive industry varies. With the heavy commercial vehicle and tractor segment shifting focus toward higher horsepower engine, the components, such as cylinder block and cylinder head, manufactured from iron will increase. The passenger car and utility vehicles segment is expected by grow at a CAGR of 10.0 percent, which bodes well for the automotive ferrous castings market. Cognizant Helps National Health Insurance Company, Daman, Increase Market Share and Enhance Customer ExperienceABU DHABI, United Arab Emirates, TEANECK, New Jersey and CHENNAI, India - - Builds the Middle East’s First Online Health Insurance Portal to Help Daman’s Customers Meet Their Health Insurance Needs Online Glenmark’s Novel Molecule for Diabetes, Melogliptin to Enter Phase III TrialsMUMBAI, India - Release Highlights - Melogliptin continues to demonstrate potential to be the best-in-class in achieving glycemic control with low incidence of hypoglycemia and neutral effect on body weight - Global Phase III trials likely to start by end 2009 - IND approved by USFDA - Glenmark takes a step closer towards becoming the first Indian company to have a truly global innovative drug for the world frog design Sponsors TEDGlobal ConferenceSAN FRANCISCO - Global innovation firm frog design (www.frogdesign.com/) today announced it will partner with TEDGlobal (conferences.ted.com/TEDGlobal2009/), the twin conference of TED and one of the world’s most renowned gatherings of leading thinkers and doers. Four years after its first European gathering, the TEDGlobal Conference will return to Oxford, UK on an annual basis. TEDGlobal 2009 is titled “The Substance of Things Not Seen” and will feature more than 50 speakers presenting from July 21-24 at the Oxford Playhouse. Domainmonster.com(R) Gains Accreditation for New .cm Domain.NEW YORK - Domainmonster.com today announced their accreditation for the www.domainmonster.com/cm/domain-name/ prior to the public release of second level(1) registrations on 13th July 2009. New Opportunities Unfold for Participants in the Indian Airport Infrastructure Market, Finds Frost & SullivanMUMBAI, India - Large scale improvisation and expansion in the Indian airport infrastructure market coupled with active government support for private participants, particularly in Greenfield projects, has enabled the sector to take huge strides forward. Observations indicate that long term prospects for both private participants and the country look promising. The Open Patent Alliance Issues Call for WiMAX PatentsSANTA CLARA, California - Patent Call is Critical Step to Create Fair and Transparent IPR Licensing Structure to Drive Global 4G Adoption Rita Wilson Drops Beatles Poster Lawsuit Against Melissa PearlNEW YORK - Contention over a rare vintage 1962 Beatles poster has been amicably resolved. Melissa Pearl has sold the poster to Rita Wilson, who sought the piece for her husband Tom Hanks. The poster had been the subject of a lawsuit filed by Wilson against Pearl, but Wilson’s complaint and all allegations against Pearl have been completely withdrawn. Frutarom Acquires the Savory Functional Systems Activities of Chr. Hansen Group in GermanyHAIFA, Israel - The Activity’s 2008 Sales Totaled US$ 7.7 M (ABOUT EURO 5.6 M); Frutarom Continues to Implement Rapid Growth Strategy and to CARRY OUT Attractive Acquisitions Construction Boom Heats up the Market for District Cooling, Finds Frost & SullivanDUBAI, UAE - District cooling is fast emerging as the most viable cooling solution in the Middle East, where the temperature frequently exceeds 45 degree Celsius and air conditioning requirements consume 70 percent of the power during peak electricity demand. As power shortage is rampant in this region, the governments are turning to district cooling to cool buildings, as it is a cheaper and greener alternative to air conditioning. This solution can not only mitigate the power crisis in the Gulf Cooperation Council (GCC) countries but also help reduce carbon footprints through increased energy efficiency and lower CO2 emissions. New analysis from Frost & Sullivan (www.buildingtechnologies.frost.com), Analysis of the District Cooling Market in the Middle East Region, finds that the market earned revenues of $580.0 million in 2008 and estimates this to reach $2.00 billion in 2013 at a compound annual growth rate of 28.0 percent. SYSTIME Opens South Africa Offices to Support Growing Demand in AfricaJOHANNESBURG - SYSTIME, the largest Oracle JD Edwards practice globally, announced yesterday, the expansion of its international presence by opening offices in Johannesburg (Gauteng) and Cape Town, South Africa. Welcome Real-time Wins Cards & Payments Award for ‘Best Innovation in a Loyalty Program’AIX-EN-PROVENCE, France - Welcome Real-time today announced that the company has been awarded the ‘Best Innovation in a Loyalty Program’ award in VRL’s annual awards dinner at Cards & Payments Europe 2009. This award is recognized based on its partnership with Venture Infotek, India’s leading transaction processing company. MindTree Lists Bluetooth Health Device Profile (HDP)BANGALORE, India - MindTree Ltd. (www.mindtree.com/japan/aboutus/fact_sheet.html), a global IT Solutions Company and a leading provider of Bluetooth(R) intellectual property (IP) (www.mindtree.com/japan/randdservices/research/research.html) solutions, today announced that its Bluetooth Health Device Profile (HDP) and EtherMind 2.1+EDR stack have been successfully listed as a qualified design component by the Bluetooth Special Interest Group (SIG) ( www.bluetooth.com/Bluetooth/SIG/). Wide Applications and High Local Demand Make it the Most Opportune Time for LCD Panel Manufacturing in India, Says Frost & SullivanMUMBAI, India - Television sales have been rapidly surging; the Indian mobile handset market continues to grow despite turbulent economic conditions and the usage of industrial displays is also on the rise. Thus, the applications of liquid crystal display (LCD) panels and awareness about it have drastically increased in India. Commonly used applications including the television, monitor, and mobile handset use thin-film transistors LCD (TFT-LCD) panels, whose penetration rate is growing substantially compared to the traditional displays. UAE First Country to Ratify IRENA StatuteABU DHABI, United Arab Emirates - Leaders from five continents back UAE’s offer to world’s first international renewable energy agency Rio Tinto Signs Legal Services Outsourcing Agreement With CPA GlobalLONDON - Major Cost Savings Projected From New Approach to Legal Work Rio Tinto today announced that it has entered into a legal services outsourcing agreement with CPA Global that is projected to save Rio Tinto up to 20% annually in legal costs. Magellan Aerospace Awarded Contract for Joint Strike Fighter F-35 Lightening II ComponentsPARIS AIR SHOW, Le Bourget - Magellan Aerospace announced today the award of multi-year buys of complex machined titanium components for all three variants of the F-35 Lightening II aircraft - the Conventional Take-Off and Landing (CTOL), the Short Take-Off and Vertical Landing (STOVL) and the Carrier Variant (CV). This $60M USD contract will be carried out at Magellan Aerospace’s Chicopee Manufacturing division in Kitchener, Ontario over the period of 2009 to 2015. The shipsets will be comprised of components for machined Wing Tie Bars for the Leading Edge Flap installation and Aft Engine Thrust Mounts. Tata Elxsi Strengthens Presence in Automotive and Aerospace VerticalsTHIRUVANANTHAPURAM, India - Tata Elxsi Ltd, India’s leading embedded product design and engineering company, today shared plans to aggressively pursue projects in the automotive and aerospace sectors this fiscal. Rising Energy Demands Necessitate Capacity Additions in Oil and Gas Refineries, Finds Frost & SullivanMUMBAI, India - The sustained economic growth in the country over the last five years has led to a concurrent growth in energy demand across industrial, transportation, commercial, and residential sectors. Oil and gas account for 41 percent of India’s energy consumption and there is unlikely to be any significant scaling down of dependence on these fuels in the next five to ten years. Multiplay Service Packages Gain Ground in North America and Europe, Pyramid Research FindsCAMBRIDGE, Massachusetts - More than half of North American households subscribe to multiplay bundles of telecom and media services, making North America the most penetrated region in the world for multiplay subscriptions, according to the recently released Multiplay Services Forecast from Pyramid Research (www.pyr.com), the telecom research arm of the Light Reading Communications Network (www.lightreading.com). CPA Global Plans Further Asian ExpansionST HELIER, Jersey - CPA Global, the world’s leading provider of intellectual property (IP) management services and outsourced legal support, is targeting further expansion in Asia, with a particular focus on the growing China market. Magellan Aerospace Receives Order For F-35 Joint Strike Fighter Horizontal TailsPARIS AIR SHOW, Le Bourget - Magellan Aerospace has been awarded a contract this past month to produce F-35 Lightning II horizontal tail components in the third lot of Low Rate Initial Production (LRIP). It is the initial contract awarded to Magellan by BAE Systems for F-35 components, valued at $11M Cdn. over a two year period. World Finance Banking AwardsLONDON - The World Finance 2009 Banking Awards have been announced. The winners were: Best Bank, Cape Verde Banco Interâtlantico Best Bank, Angola Banco Espirito Santo Angola Best Banking Group, Algeria Arab Banking Corporation Best Banking Group, Argentina Banco Santander Rio Best Banking Group, Bahrain National Bank of Bahrain Best Banking Group, Benin Continental Bank Benin SA Best Banking Group, Brazil HSBC Best Banking Group, Brunei Baiduri Bank Best Banking Group, Canada Bank of Nova Scotia Best Banking Group, China & Hong Kong China Construction Bank Most Innovative Bank, Turkey Akbank Best Banking Group, Finland AlandsBanken Best Banking Group, Gabon Banque Internationale Best Private Bank, Mexico Banca Mifel SA Best Banking Group, Hungary OTP Bank Best Banking Group, India State Bank of India Best Banking Group, Indonesia Bank Mandiri Best Banking Group, Macau Seng Heng Bank Best Banking Group, Malaysia Public Bank Berhad Best Banking Group, Mauritius Mauritius Commercial Bank Best Banking Group, Morocco Banque Marocaine Best Banking Group, Namibia First National Bank Namibia Best Banking Group, Nigeria Intercontinental Bank Best Banking Group, Pakistan MCB Bank Ltd Best Banking Group, Panama Banco Universal SA Best Banking Group, Peru Banco Financiero Del Peru Best Banking Group, Philippines Banco de Oro Best Banking Group, Poland DZ Polska Bank Best Banking Group, Russia Uralsib Bank Best Banking Group, San Marino Cassa di Risparmio della Repubblica Best Banking Group, Singapore DBS Bank Best Banking Group, Sri Lanka Commercial Bank of Ceylon Best Banking Group, Taiwan China Trust Best Banking Group, Thailand Siam Commercial Bank Best Banking Group, Tunisia Amen Bank Best Banking Group, Venezuela Canarias Banka Best Banking Group, Vietnam Habubank Best Financial Institution, Trinidad & Tobago Caribbean Money Market Brokers Ltd Best Fund Manager, Saudi Arabia Jadwa Investment Most Innovative Bank, Colombia Banco Santander Best Investment Bank, Japan Daiwa Securities Best Investment Bank, Kuwait NBK Capital Best Investment Bank, Malaysia Kenanga Investment Bank Best Investment Bank, Mexico Banco Interacciones Best Investment Bank, Kingdom of Saudi Arabia FALCOM Financial Services Best Investment Bank, South Africa BOE Investment Bank Best Investment Bank, Uganda Dyer & Blair Best NRI Services Bank ICICI Bank Best Online Trading Portal, Kingdom of Saudi Arabia FALCOM Financial Services Excellence in Private Banking, APAC Region ICICI Bank Excellence in Remittance Business, APAC Region ICICI Bank Best Investment Bank, Russia Rossiyskiy Kredit Bank Most Innovative Bank, Ghana CAL Bank Most Innovative Bank, Mexico Banco Ve Por Mas SA Most Innovative Bank, Netherlands Triodos Bank Most Innovative Bank, Poland Citibank Most Innovative Bank, Sudan National Bank of Abu Dhabi Cognizant to Help mjunction Increase Market Share Through Enhanced Sales and Delivery ModelsTEANECK, New Jersey and CHENNAI, India - e-commerce Infrastructure to Support mjunction’s Retail, Auction, and Automobile Portals SAI Launches 4G End-to-End LTE UE and LTE eNodeB System TechnologiesSANTA CLARA, California - SAI Technology Inc. (SAI), a leading developer of advanced wireless and security technology solutions, announced it has introduced the world’s first complete end-to-end LTE (Long Term Evolution) software protocol stack (PDCP, RLC, RRC, MAC & PHY-MAC API’s) and system infrastructure software that is openly available to customers and development partners. Novarra Reveals Mobile Internet StatsCHICAGO - Report provides web usage data across global phones and browsers from the world’s largest deployments Light Reading Produces Industry’s Largest Mobile Virtual Tradeshow, Mobile 2012NEW YORK - Light Reading’s Mobile 2012 Virtual Tradeshow debuted on Thursday, June 11, with the industry’s leading mobile experts and over 1700 registrants and 10 sponsors. Paris Dates for CPhI Worldwide 2010MAARSSEN, Netherlands - CPhI Worldwide returns to Paris for 2010 when, with ICSE, PMEC and BioPh, the world’s leading pharma services industry event will be staged at Paris-Nord Villepinte on Tuesday 5 - Thursday 7 October. This is a week earlier than the 2009 event in Madrid, but close to the dates of the last staging in Paris, in 2006. |
