With livelier and energizing content for Delhi’s Radio Cityzens, New Delhi’s Radio City 91.1FM is all set to reverberate with the fresh ‘behtar’ sound of New Delhi. Echoing 'City Ban Gaya Behtar', Radio City 91.1FM’s new form underlines its commitment to offer a differentiated radio listening experience with a snazzier sound more attuned to the New Delhi vibe. Breaking through the clutter in an absolutely thrilling andaaz, Radio City is taking its listeners through a refurbished ride packed with zabardast music, dhamakedar shows, bollywood gupshup, masaledar contests packaged with shandaar prizes.

Commenting on the transformation, Mr. Rana Barua, Executive Vice-President and National Head - Programming and Marketing, Radio City 91.1FM said, “With an irresistible station fabric, spunky music and programming mix, our 'City Ban Gaya Behtar' initiative only reflects the very energy and life-force of New Delhi. Reaching out to New Delhi’s Radio Cityzens through a host of new ‘behtar’ 360-degree initiatives, this movement is going to help us ensure that our listeners stay tuned through this vital change every step of the ride!”

Concluding Mr. Barua added, “This is only the tip of the iceberg on 'City Ban Gaya Behtar' and the next couple of days to come, will only stand testimonial to our authority on this claim.”

With 'City Ban Gaya Behtar', New Delhi’s Radio City 91.1FM now brings;

1. More music that is - younger, pacier and laced with that extra spunk woven in a sound fabric that brings the freshest, latest hits, non-stop and back to back

2. Pipingly fresh Bollywood gossip galore interlaced in every show along with a brand new entertaining capsule, ‘Radio City presents World Bollywood Report’ which creates a funny musical out of topical developments in Bollywood.

3. Larger than life contests in every show with mega winnings throughout the day!

4. Weekday masti with Dhamekedar roller-coaster shows, hosted by vivacious Radio Jockeys along with new features like ‘City ka Chauka’ (four songs back to back songs);

a. Kick-starting New Delhi mornings with ''Whatte Fun Mornings' (7-11 AM), Delhi's very own RJ Simran will spin in intelligent entertainment which does not interfere with busy morning schedules at the start of day.

b. Running the entertainment meter high is an all new show 'Double Dose' (11 AM – 5 PM) featuring RJ duo – RJs Charu and Fabeha for the first time ever. Keeping in tune with the title of the show, the two RJs will double the fun quotient beginning from music, jokes, fun, humour, masti and more!

c. The show will be followed by a joyous ride offered by none other than the 'guru of gupshup' - RJ Varun on 'Joyride' (5 – 9 PM). Giving the listeners a run-down on the happenings in the city, RJ Varun will spice up the show through arresting features like Call-Tune, Dictionopedia to 'tussi great ho'.

d. The night slot presented by RJ Ved will have Delhiites swinging to the classic numbers from the bygone era with his new show 'Retro Café'. Going LIVE from 9 -11 PM, RJ Ved will take New Delhi for a stroll down memory lane featuring all time Hindi hits from the 70’s, 80’s, and 90’s.

5. A captivating weekend mix with so much to offer to everyone!

a. Burning the dance floor on Saturday nights, Radio City brings Club 911 (9- 11 PM) with Radio City’s very own, in-house DJ Akshaye who churns out a spicy treat full of sizzling, foot tapping tracks, bringing the discotheque right into the living room!

b. Sundays spell more music with Whatte Fun Weekends featuring more back to back music to wrap all weekend chores with an earful of music!

c. Ushering in a perfect close to eventful Sundays, RJ Varun with Dil Vil Pyaar Vyar (9-11 PM) will bring home a lighter hearted take on life and romance!

This fresh, new ‘behtar’ soundscape forthrightly underlines Radio City’s longstanding connect with New Delhi’s Radio Cityzens and reaffirms the station's authority to transmit a fresh philosophy within the city.

Celebrating 'City Ban Gaya Behtar', the 91.1 airwaves will soon resound with the FM station’s new mantra. Reinforcing this spirit by driving it across all of New Delhi, Radio City will shortly rollout a robust, hi-voltage, 360 degree communication campaign which will break over the next few weeks.

A sustained focus on understanding listeners and leveraging the synergies of music expertise and innovative programming, allows Radio City to deliver a unique listening experience and be an integral part of the lives of listeners. Aggressively looking at spreading the Radio City experience across the country, Radio City 91.1FM is committed to growing the market and creating superlative content for its discerning audiences.

Source: Press release distribution via India PRwire

Radio City 91.1FM is India’s first and leading FM radio brand. Promoted by Music Broadcast Private Limited (MBPL), the private FM network has captured the hearts of millions of listeners across 20 FM stations in Mumbai, Delhi, Bangalore, Chennai, Ahmedabad, Pune, Hyderabad, Lucknow, Jaipur, Vadodara, Surat, Sholapur, Nagpur, Sangli, Coimbatore, Vizag, Ahmednagar, Akola, Nanded and Jalgaon. Radio City 91.1FM’s fresh and vibrant outlook, 'Whatte Fun' offers a differentiated listening experience through melodious adult contemporary (AC) format of music to SEC AB Adult audiences across the nation. Aggressively looking at spreading the Radio City experience across the country, Radio City 91.1FM is committed to growing the market and creating superlative content for discerning audiences. Radio City 91.1 FM broadcasts round-the-clock using state of the art digital stereo FM for unmatched quality in signal strength, clarity and brilliance.

Speaking on the occasion, Mr. Prakash C V, CEO, “At Gradatim, it is our constant endeavor to develop innovative and user-friendly IT platforms in order to simplify Insurance operations. MF-Insure is a pioneer platform and is expected to play a very critical role by simplifying and consolidating business operations, reducing cost, improving turn around times, and other operational advantages, thus enabling insurance providers to offer affordable insurance services to low-income groups.”

MF-Insure platform caters to Insurance companies, Agents, Insurance Brokers, MFIs, Banks, NBFCs and other institutions offering micro-insurance and guarantees standardization of processes, transaction and collaborative infrastructure, and reduced cost due to multi-tenant operations.

“Micro Insurance as a sector is witnessing tremendous growth across the globe. In India, however the penetration in the micro insurance segment is little over 2%. In light of the tremendous potential in the sector, Insurers are gradually and constantly introducing new products. Microinsurance is essentially a low-price, high-volume business and its success and market sustainability depends on keeping the transaction costs low. Gradatim’s MF-Insure platform provides a complete End-to-End platform / solution to address the Micro-Insurance sector", said Mr. K.L.Balasubramanian, Director – Business Development, Gradatim.

Source: Press release distribution via India PRwire

About Gradatim

Established in early 2007, Gradatim is a privately held IT company with operations in India, Australia & Singapore. Robust industry strength technology platforms are the underpinning of Gradatim's delivery model. These platforms, built using principles of SOA, encapsulate business functions into well defined modules. These modules can be customized in quick time for a customer. In addition, Gradatim can run business processes on behalf of the customer owing to its ability to provide infrastructure management services. This makes Gradatim capable of managing parts of customer’s business in an efficient and cost effective manner. Gradatim delivers business Utility Services using a Hosted technology model. Solutions are built from ground up on Service-oriented Architecture, utilizing a common set of code and data definitions consumed by customers in a one-to-many model. Gradatim's ESP services are specific to offering business expertise rather than pure-process expertise - combining deeper understanding of the targeted business process.

The elevation of Mr. Rao to the worldwide board of management made by the company is in line with the implementation of Burckhardt Compression’s strategy for successful and sustainable growth worldwide, the move also emphasizes the importance of India as a business unit in Burckhardt Compression’s Global organization.

Mr. Rao has headed the Burckhardt Compression subsidiary in India since 2005. Burckhardt Compression India witnessed a significant growth in his leadership - Rs 26 Crs when the business was acquired from Sulzer India to Rs 82 Crs for the year ended March. Burckhardt Compression India is the Center of Competence for Trunk Piston compressors and smaller crosshead compressors within the Burckhardt Compression group. They design and manufacture a range of high pressure compressors in India, in addition to packaging of compressors imported from Switzerland. They also serve the World market out of India and offer end to end solutions – from design, manufacturing, project management, erection & commissioning to after sales support.

Source: Press release distribution via India PRwire

TKM is aiming for its second plant to begin operations in 2010, boasting an initial annual production capacity of some 100,000 vehicles, with plans to increase that over time. In line with this, the company plans to further invest more than approximately 35 billion yen.

Plans call for the second TKM plant to produce passenger vehicles, including the Corolla as well as a new compact vehicle. The aim of the new plant is to meet the broad needs of customers in India, where motorization is expanding rapidly. The new compact vehicle is also expected to be exported to other countries in the future.

TKM is a joint venture company established on the outskirts of Bangalore in October 1997 by TMC and the Kirloskar Group. Currently, TKM produces the Corolla and the IMV series Innova minivan, with annual production in 2007 of 52,000 vehicles (an 18% year-on-year increase).

On the basis of its policy of producing vehicles where sold, TMC decided to build the second TKM plant to respond to the market expansion that has accompanied the development of motorization in India. Once production begins at the second plant in 2010, the two TKM plants will have a combined annual production capacity of 160,000 vehicles.

TMC will continue in the future to develop an optimal production network on a worldwide scale from the perspective of providing "the right vehicle in the right place at the right time", according to the needs of the market.

Outline of Second TKM Plant

Location - On the site of Toyota Kirloskar Motor Private Limited (on the outskirts of Bangalore, Karnataka State)
Investment - Approx. 35 billion yen
Start production - Scheduled for 2010
Annual capacity - Approx. 100,000 units (when plant becomes operational in 2010)

Outline of TKM

Company name - Toyota Kirloskar Motor Private Limited
Location - Outskirts of Bangalore, Karnataka State
Establishment - October 1997 (start of production: December 1999)
President - Hiroshi Nakagawa (from TMC)
Equity - TMC: 89%, Kirloskar Group: 11%
Land area - Approximately 420acres (approximately 1.7 million m2)
Annual capacity - Approx. 60,000 units (After 2nd plant is operational, approx. 160,000 units)
Products - Corolla, Innova
2007 production - 52,000 units
Employees - Approx. 2,800 (as of February 2008)

Source: Press release distribution via India PRwire

About Toyota Motor Corporation

Established in 1937, Toyota Motor Corporation (TSE: 7203; NYSE: TM), which celebrates its 70th anniversary this year, has developed into one of the world's best known automobile manufacturers. The Toyota Group sold over 8.5 million vehicles under the Toyota, Lexus, Daihatsu, and Hino brands in more than 170 countries and regions in fiscal 2007. Further, the Company's production is firmly rooted in local communities, with 52 companies manufacturing vehicles and parts in 26 countries and regions. Toyota had approximately 300,000 employees on a consolidated basis at the end of fiscal 2007. The company is headquartered in Aichi, Japan. For more information, please visit www.toyota.co.jp/en/index.html .

Contact:
Toyota Motor Corporation
Corporate Communications Department/
Public Affairs Division
Tel: +81-3-3817-9150
URL: http://www.toyota.co.jp/en

A woman confined within the four walls of the homes is a long passé and now woman ventures out defying all the obstacles roaring her path to success. Some women believe in the power of self. They strive to better their lives and those of others. Some women go out and make that change. Some, by their actions, have put Indian women on the international map. Be it sports, entertainment, fashion, corporate or politics, no place is devoid of coveted women leaders who have ability to lead convincingly.

Women are smart and savvy, striving to live up to their potential. They are curious about the world they live in, and they want to make a difference. They cherish the gift of womanhood and most particularly, the ability to look within, push the boundaries of what they know, and enlarge our hearts and minds with the world. Come with us, as we explore the fabulous womanhood . . .

Her warmth has no equals, except for her acute intelligence. Her homemaking skills are legendary, so is her tremendous business acumen. Meet the contemporary woman, a sublime image of warmth and indomitable strength, someone to be respected and cherished. Armed with the unique ability to handle multiple tasks at once and accomplish all of them with élan, the woman of today will not settle for the second best. The Woman 2008 has accommodated the yearning bits and pieces for woman including modish and stylish jewllery and contemporary outfits.

A woman is the epitome of the perfect balance between tradition and modernity, gentleness and brute strength. She is a force that makes the world a better place for everyone. “THE WOMAN 2008” is a celebration of the inherited strengths of a woman, an acknowledgement of the fact that if a woman sets her heart to something, there are no barriers strong enough to stop her, that a woman is the pride of homes and corporate houses alike.

It is also a proclamation to do more, to give her something in return for the immense love she has enveloped us in.

We aim to make the people of Punjab witness the facets of a woman and realize that each woman is a depository of incredible strength. That her gentleness is not her weakness and her beauty is not meant to be hidden behind locked doors. However it should be enhanced and made to breathe free under the open sky. That, if treated with the respect she deserves, a woman can create heaven in your home and your life. This exhibition recognizes women as the champions of life and architects of their families & communities, a person who adds color to life.

Excelsior PR has initiated an attempt to showcase the magical world of women with “The Woman-2008”, an exhibition that showcases only the best of the products available for women all over the world. This mega expo will encompass every indispensable prerequisite of a woman, right from fashion, jewellery, kitchen appliances and applications, skin care, make up and much more. Everything has been thought about.

Experts from all relevant domains will be invited to make the expo a life altering experience for the visitors and the participants alike. Jewellery topping the list as even a small ounce of gold can change the way the world looks at you. Fragrances are not far behind in increasing your score on the desirability meter. The first look & the first touch being a very important aspect of a woman’s personality, designer attire & cosmetics are an essence of a woman; Housewives will also get interesting insights into better management of home and family.

Shoppers, of course will have a great choice of a wide range of products and brands. They can make a thorough assessment of the various products provided to them under one roof and select the best suitable.

Source: Press release distribution via India PRwire

The Honeywell Nobel Laureate Lecture Series brings students together with some of the world’s most advanced minds to inspire and motivate the development of the leading scientists of the future. The India initiative was launched in December, 2007 with the visit of Dr. Sheldon Glashow, the 1979 Nobel Laureate in Physics, to the Visveswarya Technological University, Belgaum, Karnataka.

Honeywell will also host an Orkut Community

(http://www.orkut.com/Community.aspx?cmm=41602117) providing students a chance to read previous Nobel Laureate Lectures that were held in the USA, Shanghai and Belgaum last year

Dr. Smoot is an author of more than 200 science papers and is also co-author (with Keay Davidson) of the popularized scientific book 'Wrinkles in Time” (Harper, 1994) which elucidates cosmology and the COBE discovery. Currently, Dr. Smoot conducts research in astrophysics and observational cosmology, and is most famous for his research on the cosmic background radiation. This radiation is thought to be the relic of the intense heat of the early Big Bang. Dr. Smoot was co-awarded the 2006 Nobel Prize in Physics for discovery of the blackbody form and anisotropy of the cosmic microwave background radiation.

The Honeywell-Nobel Laureate Lecture Series is part of Honeywell's Science Education Initiative, an effort designed to inspire the next generation of engineers and scientists beginning with students and teachers at middle schools and extending to targeted universities around the world. Honeywell's science and math education programs, FMA Live!, Honeywell Educators@Space Academy, and Honeywell Scholars@Presidential Classroom, have already reached more than 100,000 students and teachers in 26 countries and 41 U.S. states. For additional information, please visit www.honeywellscience.com.

Source: Press release distribution via India PRwire

About Honeywell International

Honeywell International is a $36 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London and Chicago Stock Exchanges. For additional information, please visit www.honeywell.com.

About COEP

The College of Engineering, Pune (COEP), is among the most prestigious engineering colleges in India. The foundation stone of the current premises was laid by His Excellency the Governor, Sir Bartle Frere, on the 5th August, 1865 and in 1868, the College moved to its new building.

The College was divided into three departments for matriculated and unmatriculated students. Two new classes, an Agricultural class and a Forest class, were added to the college, and the name of the college was changed from The Poona Civil Engineering College to The College of Science. In 1911, all non-engineering courses closed, and the college was renamed as “College of Engineering, Poona “(COEP). The college has gone on expanding, adding new departments and new wings by the year.

In 2003, the college got autonomous status, thus giving it the freedom to set its own curricula and manage its own finances. This has been the biggest change as far as pedagogy at COEP is concerned. Today, COEP houses 9 Undergraduate departments, 18 Postgraduate courses and a Ph.D. program. Currently, over 3000 students are enrolled for various courses ranging from Mechanical to Instrumentation and Control Engineering.

The Mayor explained that Air France is exploring the move following the decision by Singapore Airlines to end its 11-year-old freight services at Dublin Airport.

“The proposed ending of this service could prove damaging for Shannon as it currently provides the airport and surrounding industrial base with air cargo options unavailable at any other West of Ireland airport”, indicated Mayor McCarthy.

Cllr. McCarthy explained, “Air France claims that any plan to relocate the scheduled service, which carries an estimated 3000 tonnes of airfreight annually, is due to network reorganisation rather than specific airport issues. That will come as little consolation to Shannon’s major global logistics firms and internationally trading companies, which rely on such services for the viability of their own operations.”

The Mayor said that Air France is the only cargo service at Shannon capable of carrying large cargo over transcontinental flying distances with fewer refuelling stops.

She continued, “The airline’s Boeing Jumbo 747 aircraft is capable of carrying freight of 20-30ft in length, significantly larger than any of the other Shannon-based operators. Each Saturday afternoon the service carries an average of 50 tonnes of airfreight to destinations worldwide, including Asia, Europe, and North and South America. To lose such a valuable direct service would have a detrimental effect on the surrounding region’s international trading performance, which depends on Shannon's cargo services and facilities for timely access to their major markets.”

Commenting on the potential knock effects for employment at the airport should the service be relocated to Dublin, Cllr. McCarthy said, “I am aware that it takes up to eight people to refuel and load/unload the Boeing 747 aircraft. Despite the presence of DHL, TNT, UPS and FedEx Express at Shannon, I fear that some jobs could be put at risk should Air France proceed with its relocation plan.”

“I would ask Air France to immediately clarify its intentions regarding its future operations at Shannon Airport. The facility’s unrestricted runway, round the clock operation, efficient handling and the presence of major multinational firms nearby make it an ideal location for a scheduled airfreight service, which is why I cannot understand Air France’s proposed move to an overly congested airport”, concluded the Mayor.

Source: Press release distribution via India PRwire

“Enhancing reputations–Increasing exposure–Increasing understanding”

Founded in 2006, Dunphy Public Relations is a communications group led by Mark Dunphy from County Clare. Mr. Dunphy previously held the position of ‘Head of News and Current Affairs’ in Clare FM Radio.

Dunphy Public Relations has secured extensive local, national and international media coverage for clients including Clare County Council; Supply Network Shannon; The Atlantis Holiday Group; Shannon Town Council; Cliffs of Moher New Visitor Experience; Clare Museum; Digino Marketing; Renewable Energy Skillsnet; Magico.ie; Kilrush Town Council; Clonlara Wholesale; Minister for Labour Affairs, Tony Killeen; Clare County Library; and Ennis Town Council.

The company’s Board met in the city on Monday to adopt the financial results for the quarter October-December 2007.

During the period under review, Exide Industries Ltd’s gross turnover grew to Rs 910 crores (from Rs 578 crores during Q3 06-07) and profit after tax grew to Rs 55 crores (from Rs 35 crores during Q3 06-07).

During the nine-month period (April-December) of the current financial year, the company’s gross turnover grew to Rs 2598 crores from Rs 1711 crores during the corresponding period of the previous year and net profit grew to Rs 187 crores from Rs 117 crores.

An improved sales mix and significant contribution from the R&D towards savings in material cost underpinned satisfactory profit margins.

“Even though lead prices softened in the month of December, the benefit of such softer prices will be reflected only in the next quarter,” said Mr T.V. Ramanathan, managing director and CEO of the company.

“While there was encouraging buoyancy in the replacement market, the off take from both 4-wheeler and 2-wheeler OEM (original equipment market) was significantly below our expectations at the beginning of the year,” Mr Ramanathan added.

In automotive battery segment, Exide has already been chosen as a preferred supplier of batteries for Tata Motor’s new product Nano.

“Our in-house R&D Centre was closely associated with the development of a most suitable battery for the Nano vehicle from the very beginning when the vehicle concept was frozen. However, off take for such batteries will start from the next financial year, when the new vehicle hits the market,” Mr Ramanathan said.

In the industrial battery segment, which constitutes 40 per cent of the company’s turnover and profit, growth from the telecom sector was particularly spectacular. In fact the top line growth in telecom segment was 94 per cent.

“A much enhanced focus on pre-dispatch quality checks introduced in July-December period has started paying dividends in the form of a noticeable reduction in product related warranty claims,” Mr Ramanathan said.

Source: Press release distribution via India PRwire

Exide is in the midst of a rights issue, which opened on 28th December 2007 and will close on 28the January 2008. The issue price is Rs 30 and the offer is being made in the ratio of one share for every 15 shares held.

For further Information:
Puja Gentle - Sampark PR - 9820473457

Recently, the Government of India cleared the new Technology Upgradation Fund Scheme (TUFS) for the textile industry. Reportedly, this decision is expected to help the textile sector to achieve the targeted growth rate of 16% and make investments of Rs. 1, 50,600 crores in the Eleventh Five Year Plan period.

Availing the benefits under TUFS, the company is now poised to achieve rapid growth. The Company proposes to set up a state-of-the-art wider width dyeing and processing unit, modify its spinning by adding about 20000 ring spindles and also expand its weaving capacity, thus becoming a fully integrated unit. In the global scenario post quota regime, the competitiveness for the textiles industry is largely dependent on integrated manufacturing where “Raw Material to Finished Product” is produced under one roof at economical cost, adhere to strict quality norms and delivery schedules.

“On the challenges of rupee appreciation vs US dollar, the Company will combat decisively with the aid of (a) fully integrated manufacturing facility (b) producing a niche value added product range that includes specialty cottons viz.. American Supima, Egyptian Giza, Organic cotton and (c) diversifying the risk by focusing on the European and other markets in export front. With the emerging organized retailing in India, domestic market is another big opportunity for the company. The proposed fully integrated unit will result in lower cost and will simultaneously command high realization per unit boosting bottom line”, says Mr. P.M. Rao, MD, Ventura Textiles Ltd.

The estimated cost of the project is Rs. 91.60 crores and part funding is already being tied-up. Post expansion, the Company’s turnover will increase by 400% resulting to Rs. 250 crores, with a mix of export and domestic sales.

Source: Press release distribution via India PRwire

ABOUT VENTURA TEXTILES LTD.

Ventura Textiles Ltd. is Manufacturer and Exporter of 100 % Cotton Fabric, Made-Ups and Home Textiles (Bed Linen). The Company is a Govt. recognized “Star Export House” and listed on BSE with current turnover of Rs.64.13 Crores. The Company has posted Profit before Interest Depreciation & Tax is

Rs. 77.39 million, whereas it was Rs. 63.01 million in the previous year. The Company has been exporting Fabric to US, UK, Europe & South East Asia for over a decade. The company over the years established itself as a reliable and Quality Exporter to distinguished clientele.

Source: Press release distribution via India PRwire

Effective Nov.1, 2007, India will become a separate region reporting directly to John Finnegan, senior vice president of Global Sales. V.S. Gopi Gopinath, who is currently vice president of AT&T Asia Pacific, will relocate to Bangalore, India after a transitional period to lead AT&T’s global services business in India.

The restructuring is designed to reflect the growing importance of the market in India, which is now the fastest-growing market for AT&T in Asia Pacific. AT&T became the first foreign operator to receive national long distance (NLD) and international long distance (ILD) licenses under India’s liberalized telecom regulations and, in April, became the first company to begin commercial operations.

Ronald Spears, group president, AT&T Global Business Services, is visiting India at present and has said the restructuring and senior executive appointment will help to drive investment and resources to ensure the sustained growth of the company’s business in India.

“These developments will further strengthen AT&T’s commitment to the rapidly expanding telecommunications sector in India and highlight our strong expectations for this market,” Spears said. “Gopi brings a wealth of international experience and extensive knowledge of the telecommunications sector to this important new role.”

Source: Press release distribution via India PRwire

AT&T Inc. (NYSE:T) is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com.

The new corporate identity, developed by Chlorophyll, will for the first time embellish the Ambit brand with a Mnemonic in the form of an abacus. Commenting on the reasons for finalising abacus as a symbol Ashok Wadhwa, Managing director, Ambit Holdings Private Limited said, “The abacus is a deceptively simple tool that helps a trained user to perform complex mathematical operations. Much like the use of business acumen in our business. At Ambit, what we do is simple, but not easy.”

The new corporate identity will now permeate all forms of external and internal communication synergistically across its various businesses, viz., Ambit Corporate Finance (Investment Banking), Ambit Capital (Institutional Equities, private client services & wealth management) and Ambit Pragma Ventures (India focussed PE firm).

Highlighting the timing and relevance of the re-branding initiative, Ashok added, “Ambit completes 10 years of operations this year. We felt that the time was right to reinforce our commitment and focus in the Ambit Corporate brand and propel it on the path to be a dominant Indian financial services brand, in the years to come.”

The corporate identity change will be communicated to its core-niche audience including corporates, HNI’s and business partners through a multi-media campaign involving print advertisement, direct marketing and digital influence.

Source: Press release distribution via India PRwire

About Ambit:

Since its inception in 1997, Ambit’s commitment to create true value has been the cornerstone of its business approach and has enabled the firm to establish strong client relationships with several world-class companies.

What started out as a boutique investment bank founded by Mr Ashok Wadhwa and other eminent professionals has now grown to be one of India’s leading investment banks. Over the last 3 years, Ambit Corporate Finance has ranked amongst the top 3 Investment Banks by deal counts on the Bloomberg league tables for India.

Ambit understands and has extensive experience across industries and has represented leading organizations across a wide range of sectors. Ambit is privileged to serve a distinguished client portfolio that includes many Fortune 100 and 500 companies and represents enterprises that enjoy a leadership position within their respective industries.

Its team of 40 professionals including 5 Partners, 4 Directors and 4 Vice Presidents located across its offices in Mumbai, New Delhi and Singapore ensure that every assignment is carefully managed by a member of its senior management team.

Ambit is acknowledged for its vast resource of intellectual capital and accredited for its ability to deliver. Its team has structured various complex transactions, some of which can be particularly singled as being the first of the kind to be executed in recent times. It views its innovativeness and ingenuity as being central to its success and positioning – clearly differentiating it from others.

In early 2006, Ambit launched its securities business, Ambit Capital. Ambit Capital provides a range of financial services products including stock broking services to Institutional and High Net Worth clients. In December, 2006, it announced a joint venture with a TV18 Group, a leading Indian business media group and Centurion Bank of Punjab, a leading private sector bank in India. Apart from catering to Institutional and High Net Worth clients, the venture will launch an online broking business for retail clients.

In 2007, Ambit entered into a joint venture with Nikko Asset Management to launch Mutual Fund Business in India and the launch of an India – dedicated Private Equity Fund, Ambit Pragma Ventures.

Chuck Grant continues as chairman of the board of FMG. Grant is also senior vice president, corporate development and strategic planning for Federal-Mogul Corporation.

Rustin Murdock has been appointed FMG managing director and chief financial officer, and will serve as a board member. Murdock was previously FMG director of finance. Rajan Luthra continues in his role as Company secretary and financial controller.

Mohan Narayanan has been appointed FMG corporate vice president, in addition to his current responsibility as executive director, sales and marketing.

The Board of FMG also approved the replacement of Mr. Arun Anand as vice chairman and managing director.

FMG is a publicly traded leading supplier of automotive pistons, piston rings, pins and sintered products. Federal-Mogul in 2006 increased its share in FMG to 50.1 percent to expand its presence in India, a key market for its global automotive products and aftermarket business.

Headquartered in New Delhi, FMG has three operations in India – located in Patiala, Bangalore and Bhiwadi, with a workforce of approximately 7,200. The Indian market leader in pistons and piston rings, FMG supplies all major Indian original equipment manufacturers in the automotive, heavy-duty, motorcycle, industrial and agricultural markets, in addition to a variety of aftermarket customers.

“Federal-Mogul’s investment in FMG is a key part of our strategy to drive sustainable global profitable growth by providing leading technology, and world-class quality products and services in India, one of the most dynamic and growing economies in the world,” said Federal-Mogul Chairman, President and CEO José Maria Alapont. “These appointments, and our commitment to the Indian market, will serve to strengthen our customer service and global competitiveness.”

Source: Press release distribution via India PRwire

The three founders have been the driving force behind the company’s focus on software design and development, providing vision and direction through its evolution and growth.

Devendra Deshmukh, founder and executive director, said, “We were part of IT industry from last seven years. With growth plans and actions in place, we are poised to become an IT industry player to reckon with. We spent these many years to get our act right, establish, institutionalize and hone processes and practices, and build credibility through our work. With that done we are now looking forward for a bright future for all e-Zest stakeholders.”

On this occasion e-Zest has announced its roadmap for CMMI level 3 assessment and certification. Ashish Gupta, founder and executive director, proclaimed, “We have been following CMMI guidelines proactively for our project execution and delivery processes but it is a time to have formal certification and soon we will have that. We hired one of the best CMMI consultants to expedite this initiative and formed internal team to execute CMMI roadmap.”

Amol Pande, founder and executive director, asserted backing Mr. Ashish, “e-Zest has a plan to recruit around hundred team members in next one year and to maintain the consistency in quality we need to have formal processes and systems in place. CMMI will help us in doing that.”

e-Zest is soon commencing its second development center with state of the art infrastructure to cater to increased demand for outsourced software product development assignments.

Source: Press release distribution via India PRwire

e-Zest Solutions Ltd. (http://www.e-zest.net) is an ISO 9001:2000 certified offshore software outsourcing company with expertise and focus on Outsourced Product Development / product engineering solutions and enterprise custom software development. e-Zest has served 80+ industry leader clients in four continents about a decade with 150+ software professionals on board. e-Zest offers its services to ISVs/IT Services, Healthcare, Finance, Manufacturing, Legal, Education, Sports, HR & Travel business verticals with focus on CRM, BI and ERP solutions. e-Zest have dedicated Microsoft & Sun Competency Centers which focus on solutions and services on based Microsoft .NET (2.0/3.0) and Sun Java EE (2.0/5.0) respectively. e-Zest is Microsoft Gold Certified Partner & Sun Associate Partner. e-Zest is member of various industry associations like NASSCOM, Indo-German Chamber of Commerce and MCCIA. It is a 100% export oriented unit (EOU) registered with the Software Technology Parks of India (STPI) and has branch offices at London UK and San Francisco USA.

e-Zest was founded in 1998 by three of its directors who had strong belief in technology as leveraging tool for the businesses worldwide and philosohphy of creation of wealth for distribution. Growing organically since its inception e-Zest has now become niche OPD and ECSD player with prime focus on manufactuirin g, healthcare, finance and CRM/BI IT solutions

Quality services and transparency in business operations are always a priority for e-Zest. e-Zest leadership team’s intention to go for limited status is to broaden its corporate legal status and bring in stringent corporate governance thus to bring in transparency in its operations and future public participation in wealth creation as well. A company with public limited status and so stringent audits is a preferred choice for e-Zest prospect for software outsourcing considering risk mitigation factors. Public limited status will also help e-Zest to rope in public and institunational investments for future expansion needs.

Source: Press release distribution via India PRwire

e-Zest Solutions Ltd. (http://www.e-zest.net) is an ISO 9001:2000 certified offshore software outsourcing company with expertise and focus on Outsourced Product Development / product engineering solutions and enterprise custom software development. e-Zest has served 80+ industry leader clients in four continents about a decade with 150+ software professionals on board. e-Zest offers its services to ISVs/IT Services, Healthcare, Finance, Manufacturing, Legal, Education, Sports, HR & Travel business verticals with focus on CRM, BI and ERP solutions. e-Zest have dedicated Microsoft & Sun Competency Centers which focus on solutions and services on based Microsoft .NET (2.0/3.0) and Sun Java EE (2.0/5.0) respectively. e-Zest is Microsoft Gold Certified Partner & Sun Associate Partner. e-Zest is member of various industry associations like NASSCOM, Indo-German Chamber of Commerce and MCCIA. It is a 100% export oriented unit (EOU) registered with the Software Technology Parks of India (STPI) and has branch offices at London UK and San Francisco USA.

According to Mr. Bhatia, Philippines has all the right indicators to emerge as a global outsourcing hub with excellent infrastructure, right policies, cultural similarities with the West and availability of English-speaking population. This is manifested by the fact that Philippines has become the most sought after destination now for the outsourcing industry.

“We are listening to our customers very carefully to understand and deliver in this market. High uptime and agent productivity are key concerns for outsourced call centers. DACX™ Contact Center Suite is easy-to-use, scalable, flexible and extensible solution that can meet the future requirements of our customers. Our offerings help SMB call centers to grow with minimum costs, time and effort by ensuring deployment flexibility with both SaaS (Software as a Service) as well as premise-based models – all at a low TCO. Of course our learning from success in India has also helped.” explained Mr. Bhatia.

Drishti’s customers and partners are very buoyant about their experience with the DACX™ technology. Medz Kapunan, Managing Director of Pacific Prime is one happy customer. “You cannot afford to go wrong as far as the call center system for your business is concerned, as a bad system can close down your business. After reviewing several providers, we chose Drishti because of their cutting-edge technology. A very good call center solution like Drishti yields high RoI and can be one of the performance drivers of call center operations. DACX™ is so user friendly that we can manage it without any IT personnel, and if we ever have issues, Drishti’s highly responsive support is accessible immediately.” She summarized, “Drishti gives value to our money and drives our production with excellent technical support. Having been in this business for more than a decade, I can say with confidence that their system is one of the best.”

"We are very excited to see the progress Drishti Philippines has made. Our priority is to make people aware of DACX™ Contact Center Suite and advantages that follow from an IP-based solution." said Grace Tirol, Director, Sales and Marketing at Drishti Philippines Inc. She also mentioned that Drishti is considering setting up a regional office in Cebu. "Cebu has already got serious players and we believe it will play an important role in making Philippines a world class BPO provider."

On strategy front, Mr. Bhatia elaborated, "We are working on strategic alliances with Telcos, VoIP providers, and System Integrators so as to offer DACX™ Contact Center Suite as a package to our customers. We provide Implementation and Tier 1 technical support locally through our subsidiary, which is a significant advantage for the end-customer. Moreover, we plan to invest significantly towards marketing and scaling up Drishti Philippines Inc. to realize our growth targets."

Source: Press release distribution via India PRwire

About Drishti

Drishti is a leading Contact Center Solution provider with core expertise in call center software and enterprise communication technology. Its flagship product, DACXTM Contact Center Suite has a wide presence in India & Philippines and caters to multiple verticals like customer support, telemarketing, mortgage, marketing research, directory services, hospitality and entertainment.

DACX™ Contact Center Suite is an innovative all-in-one Contact Center Solution designed to maximum the ROI (Return on Investment) of call centers through high up-time and low TCO (Total Cost of Ownership), along with short implementation & customization cycles. It is an ideal solution for any kind of call center irrespective of size, technology (TDM or VoIP), or locations (single location or multi-location).

Drishti is headquartered in Gurgaon, India and has multiple regional offices in India (Bangalore, Pune, Kolkata) & Philippines. It has been consistently registering year-on-year growth of more than 200%.

Drishti Philippines Inc., a wholly owned subsidiary of Drishti India, was set up in Sep 2006. Since its inception, has acquired clients in all major cities including Makati, Manila, Ortigas and Cebu.

For more information, please visit www.drishti-soft.com

The survey reveals that, Indian textile companies are likely to face pressure on their operating margins in the quarter of April to June 2007. This is indicated by the dramatic fall in YnFx Margin Expectation Index which combines the perceptions of company’s product pricing and the price it pays to buy raw materials. This is revealed by the latest survey by YarnsandFibers’ on Business Confidence of Indian textile companies.

Crude oil prices are still volatile and occasionally spiked by geo-political development in Middle East and inventories fluctuations in world largest consumer, the USA. The situation is further aggravated by the weakening of the US Dollar globally. The Indian Rupee’s 9% appreciation since January 2007 was the fastest among major currencies hitting exports. Cotton prices too are moving up while competition is keeping textile product prices under seize.

Textiles production grew by 11% y-o-y in 2006-07 measured in terms of Index of Industrial Production. This was over and above the 8% growth registered in fiscal 2005-06. In the first 11 months of 2006-07, textile exports amounted to US$16.73 billion implying a growth of just 7.7% over the corresponding period of 2005-06. The growth appears meager compared to 21% increase recorded in 2005-06. This year, India exported raw cotton worth US$1.11 billion. Cotton exports are unsustainable year-on-year and excluding cotton, textile exports growth works out to a mere 4%.

The Business Margin Expectation Index for the quarter ended June 2007 stands at 49.5, down from 52.1 of the previous quarter. The index is based on responses to two questions; “In the next 3 months, do you foresee that you will be able to price your products”, and “In the next 3 months, do you see that your suppliers’ price you pay will be” with the options: Higher, Lower, or Same as Today.

The Business Confidence Index (a measure of future prospect) for June 2007 quarter was down by 6 percentage points from the March quarter index. This implies that the Indian textile companies are pessimistic on their performance in the coming quarter. The Business Confidence Index for the ensuing quarter stands at 78.3 on the scale of 0 to 100, where the highest is 100, at 50 the confidence is same as today and below 50 implies lower than the current level.

In the previous quarter of January to March 2007, the textile industry was a bit nervous. The weakening of the US Dollar was a major cause of concern for textile exporters, particularly the smaller businesses. For the quarter ended March 2007, the Current Status Index stood at 73.9. For the same quarter, the Business Confidence Index (measure of future prospect) was at 84.4.

The Ninth survey has assessed the industry’s feedback on the 2007 Union Budget proposal. About 83% of the respondents are content with the Budget. The Budget has met expectations to some extend but many expected to be still better. However, respondents indicated that they expected Cenvat to be uniformly applied to the entire textile chain and equally on all fibres.

Textile companies in West and North India are less optimistic over their performance in coming quarter. These companies have failed to achieve their targets in the January to March quarter. For the quarter, the Business Confidence Index (indicator of future performance) stood 93.8 and 82.5 respectively. However, the Current Status Index was lower at 84.4 for North and 69.4 for West. For the ensuing quarter (April to June 2007), the Business Confidence Index stands at 81.3 for North and 75.0 for West. South India’s textile companies are expecting better performance in April - June compared to their expectations and actual performance in the preceding quarter. The Business Confidence Index for South India stands at 79.2 as against 75.0 in the preceding quarter. The Current Status Index for January – March 2007 quarter stands at 66.7.

Power supply would be the major cause of concern of textile companies in coming quarter. In order of constraints infrastructure, finance, demand and labour were the next hurdles for growth. Power has been a continuous source of hindrance for textile companies in the past one year. The survey of corresponding period of 2006 had too indicated power and infrastructure as impediments to growth.

You may write to us at salesatynfx.com to get a copy of the detailed analyzed report.

Source: Press release distribution via India PRwire

www.YarnsandFibers.com is a leading provider of Textile Maket Intelligence and Market Development with a membership base spread across 150 countries. We assist companies to promote their products globally. We offer a variety of services to suit membersneed.

For more information, call Mini Nair at + 91 22 66291120 or visit www.YnFx.com.

As part of the global reorganization at Yahoo!, the International group has been structured into 3 regions – Asia, Europe & Emerging Markets. Yahoo! sees India and Emerging Markets as the next big opportunity. The India team is well-positioned to leverage this opportunity as they enjoy the advantages of the location in relation to time zones (Bangalore); critical mass of talent accumulated over the years; ability to produce end to end products; and the fact that India is one of Yahoo!’s top priorities.

The Yahoo! India R&D Centre has grown not only in size but also in capabilities over the years. India will now be the Centre of Excellence for Product Engineering for ‘Emerging Markets.’

“The Bangalore Development Center continues to grow rapidly and has crossed the 1000 mark in headcount. I’m confident that the team will provide technology leadership, innovation and proficiency in handling the engineering operations for the Emerging Markets group” said David Filo, co-founder Yahoo!

David Filo also announced the appointment of Sharad Sharma as CEO of Yahoo! India Research & Development. Sharad will be responsible for the Yahoo! India Research & Development centre and will also head the Engineering responsibility for India and Emerging Markets.

“Yahoo! India R&D welcomes the expertise that Sharad brings with him in the field of high-end product development and engineering”, said Venkat Panchapakesan, Head-Audience Group Engineering, Yahoo!.

The new Yahoo! India R&D facility to be inaugurated by David Filo on April 26th at Embassy Golf Links, Bangalore, boasts of 2.2 lakh square feet floor space with a seating capacity of 1600. The office also includes facilities like Day Care, Mother’s Nursing room, Recreation centre, Relaxation room and Breakout areas on all the five floors.

Source: Press release distribution via India PRwire

About Yahoo! India Research and Development

Yahoo! India R&D (http://bangalore.yahoo.com) was established with a mission to deliver software solutions based on product and technology innovation to create a significant business impact for Yahoo! Inc. globally. The company’s operations are divided into Yahoo! R&D India and Yahoo! Engineering Services India. The R&D group creates technologies and products that cater to our everyday needs on the Internet and help achieve sustained visible impact on a global scale. The Engineering Services group provides quality assurance services, monitors and supports all the Yahoo! applications deployed worldwide.

About Yahoo!

Yahoo! Inc. is a leading global Internet brand and one of the most trafficked Internet destinations worldwide. Yahoo!'s mission is to connect people to their passions, their communities, and the world's knowledge. Yahoo! is headquartered in Sunnyvale, California.

More than two years in the making, Jet Airways have considered every detail in the development of their new fleet of wide body aircraft. Starting with the state-of-the-art Boeing 777-300ER and Airbus A330-200, Jet Airways has redesigned everything from the ground up, not happy to accept industry norms.

In addition, Jet Airways holds options for further additional aircraft of each type and have recently signed to purchase ten Boeing B787 Dreamliner aircraft with deliveries commencing in 2011. The B787 order is valued at USD1.6 Billion. In all Jet Airways will invest USD3.7 billion in new aircraft pursuing an aggressive growth strategy.

The new Jet Airways Boeing B777’s will be configured in three classes, eight First Class, thirty Première and two hundred and seventy four Economy seats and will initially operate on the Mumbai-London route. This will be the first time Jet Airways has offered a First Class service and an entirely new First Class suite has been created onboard.

As further deliveries of these B777 aircraft are made, Jet Airways will launch daily services to New York via Brussels. It is planned that these services will commence in early August. Daily Services to San Francisco via Shanghai are also planned with the B777 fleet in winter 2007.

The Airbus A330 aircraft, will be configured in two classes, thirty Première and one hundred and ninety Economy seats, and will operate the daily Delhi-London services. It will also be deployed on flights from India to markets such as Singapore, Kuala Lumpur, Johannesburg and Toronto via Brussels.

The new Première lie flat beds on both aircraft types are all new and represent the absolute latest in airline seat technology. Featuring a 73” bed length, that electronically converts to an enormous 180 degree flat bed with lumbar support and massage systems, Première passengers will rest in unequalled comfort.

The Première seat also provides an oversized table, laptop power, telephony, SMS, Email and live text news to deliver a flying office for those Première passengers wanting to work.

Jet Airways will be the first airline in the world to install this new economy seat with a seat pitch of 32”. It has been designed using the science of advanced ergonomics to create arguably the most comfortable economy seat in the sky.

Developed by Panasonic, the new state-of-art eX2 system will deliver an unparalleled and unique range of In-Flight Entertainment options to Jet Airways passengers, whatever class of service they choose to fly.

As part of comprehensive plans to prepare for the airline’s major thrust into International markets the Corporate Identity and Brand mark of the airline has been refreshed and contemporized. Its wide body aircraft will be delivered with a sparkling new livery and all staff will have exquisitely designed new uniforms.

Mr. Naresh Goyal, Chairman Jet Airways said “Jet Airways believes in continuously redefining and enhancing the customer experience. This multi million dollar investment in its international product reflects the same. Jet Airways vision is to emerge amongst the top five carriers globally in the next few years”.

Commenting on the expansion plans Jet Airways Chairman; Mr. Naresh Goyal said “We have been working on these plans for more than two years. Having changed the way people fly in India, we will now take our very own brand of service and style, the spirit of New India, to the rest of the world”

Source: Press release distribution via India PRwire

Jet Airways currently operates a fleet of 62 aircraft comprising 49 classic and next generation Boeing 737-400/700/800/900 aircraft, 3 Airbus A340-300E aircraft, 2 Airbus A330-200 aircraft and 8 modern ATR 72-500 turboprop aircraft. With an average fleet age of 5.3 years, the airline has one of the youngest aircraft fleet in the world.

Jet Airways operates over 340 daily flights to 50 destinations that span the length and breadth of India and beyond, including London Heathrow in U.K., Singapore, Kuala Lumpur in Malaysia, Colombo in Sri Lanka, Bangkok in Thailand and Kathmandu in Nepal. The airline plans to extend its international operations to North America, Europe, Africa and Asia in the coming years with the induction of wide-body aircraft into its fleet. Since inception in May 1993 until end-March 2007, Jet Airways has flown over 71 million passengers.

As a part of this reorganization, there will be one common sales and marketing group which will be headed by Alok Bharadwaj, Vice President, Canon India . This group will have four divisions – Business Imaging Solutions – Direct sales division, Business Imaging Solutions – Channel sales division, Consumer Systems Products Division and Imaging Communication Products Division.

Each of these new divisions will be responsible for sales and marketing efforts- including advertising and public relations, inventory planning and sales administration. All divisional heads will have profit and loss responsibility.

Referring to the reorganization of the company, Alok Bharadwaj, Vice President, Canon India said, “Under the leadership of our new president, Mr. Kensaku Konishi, we chalked out a complete blueprint to double the revenues of Canon India from Rs. 400 cr in 2006 to Rs. 800 cr by 2008. This re-organisation is a critical part of overall strategy and will help Canon streamline its business operations. With divisions focusing on their core areas of operation, we expect them to operate efficiently and effectively in a manner that best leads to the creation of value for consumers – both enterprise and end users. As we aim at capturing a larger market share in the year of our 10 th Anniversary Celebrations, we believe this will be a big step in this direction.” As a part of the reorganization, Canon India sales and marketing division will see a 18% increase in headcount, with the creation of 37 new job positions, taking the sales and marketing headcount to a total of 237.

The Business Imaging Solutions – Direct sales division will be headed by K Bhaskar, Director, BIS-Direct sales. This division will have a headcount of 93 people including 9 new job positions. The BIS - Direct division has a target of building 283 key major accounts and achieve 300% growth in our colour high end machines. It will have operations split into 4 regions – North and East, West and 2 in South. A separate pre-sales department has been created under BIS DC to cater to the unique needs of the enterprise market segment. The pre-sales teams will help existing sales teams to build the solution business in the metros of Delhi , Mumbai and Bangalore . In addition, to provide enterprise customers customized approaches and provide relevant applications for document management processes, a separate solution marketing department has also been created. Canon expects its solution business to be a major driver for selling in all the major and key accounts.

The Business Imaging Solutions – Channel sales division will be headed by Som Gangopadhyay, Director, BIS- Channel sales. This division has a headcount of 43 people and has seen the creation of 5 new job positions. The BIS – Channel sales division has a target of staying as No.1 in digital copier category which Canon acquired in Q4 2006. To increase the focus on the government and e-governance sector, a new Government business department with a dedicated five member team has been created. BIS –Channel Sales has currently been seeing 25% of its business come from the government. As a part of Canon's increased focus on colour – a Colour Specialist has been appointed - for office colour and commercial colour. This Colour specialist will provide expert advice and guidance to customers on the use of colour. This division will also oversee the marketing on entire BIS – Channel Sales and BIS – Direct sales divisions.

System Products division will be headed by V.P. Sajeevan, Assistant Director, Consumer Systems Products. This division has a headcount of 44 people and has seen the creation of 3 new job positions. The CSP division will see a growth target of 52% in 2007. As a part of the strategy for CSP, a System Integrator business head has been appointed to grow the SI business for Canon. A new product training cell has been created which will be responsible for training of all dealers and sales people on the new products. In addition, a new consumable business group has been created which will focus on educating and promoting the use of genuine consumables.

The Imaging Communication Products division will be headed by Praveen Sahni, Assistant Director, Imaging Communication Products. This division has a headcount of 58 people and has seen the creation of 19 new job positions. The ICP division will have a task of making Canon No.1 in 2007 with 25% market share. For this part of the business, new positions such as Retail Chain head, special manger for consumer promotions have been created. There will now be separate team for managing retail, online and e-business under the ICP division. In addition, to increase its emphasis on the professional segment, the business has created a separate Professional Business Department.

As part of the overall strategy, over this year Canon will be opening company owned showrooms both in Delhi and in Mumbai, where the entire range of Canon products will be showcased. The company has recently launched two Level IV Master Service Centres in Delhi and Mumbai for our camera products. These are the first Canon owned camera repair and service centres designed on international standards. These centres will soon be expanded to Bangalore and Kolkata.

Source: Press release distribution via India PRwire

About Canon Inc

Canon Inc. is a global leader in photographic and digital imaging solutions. Its global network now includes 184 companies, employing some more than 108,000 people. It is dedicated to the advancement in technology and innovation and commits 10% of its total revenue each year to R&D. Canon has consistently remained as one of the top 3 companies to have earned the most number of patents over the last decade. Since 1993, Canon continues to be ranked as one of world's largest corporations by the Fortune Global 500 Ranking. Guided by its kyosei philosophy, which focuses on "living and working together for the common good”, Canon delivers high performance and user-friendly products and solutions to improve efficiency both in the office and home environment. More information is available on www.canon.co.in

Canon in India

Canon India Pvt. Ltd. is a 100% subsidiary of Canon Singapore Pte. Ltd., a world leader in imaging technologies. Set up in 1997, Canon India markets a comprehensive range of sophisticated contemporary digital imaging products that include photocopiers, multi-functional peripherals, fax-machines, printers, scanners, digital cameras, camcorders and multi media projectors. Five imaging engines of Image Capturing, Electrophotography, Bubble Jet, Semiconductor and Display drive these cutting-edge technology products. The company today has offices in 7 cities across India and employs over 400 people. Canon has 280 channel partners, 397 retail outlets, including 300 IT Imaging Zones, 54 Digiclick Zones, 7 Digic Video Zones, 4 Canon X'perience and 32 Canon Care Centres. It also has over 100 authorized service centers and more than 2700 resellers across 300 towns in India it does business in. Canon has also cued in on the alliances route with 13 national and 28 city specific different retail chains. , 32 canon care centers;

Creating an industry benchmark with new technologies in the latest product range the company launched 87 new products in 2006 including the launch of 51 products on a single day which is an industry landmark for the largest number of products launched in a single day. Overall, Canon India touched revenue of Rs. 400 cr in 2006.

Canon India has a Software Development Centre located in Gurgaon. Set up in the middle of 1999, the Canon Software Development Centre is one of the six such cutting edge technology centres established by Canon Inc. globally. It develops original technologies as well as supporting Canon marketing companies worldwide with application software. Canon India is ISO 9001:2000 and ISO14001:2004 certified and its Software Development Centre has achieved the CMM level 3 status.

In 2006, Canon India received the CII-EXIM Business Excellence Award for Strong commitment to excel.

In 2007, Canon India will be celebrating its 10th Anniversary of operations in India . As a part of these celebrations Canon is working on strengthening its brand in the country and ‘Indianising' the brand appeal, which will see Canon embarking on many innovative and exciting programs to engage with customers, channel partners and employees.

Media Enquiries:
Sarah Gideon / Abhilasha Padhy
20:20 MEDIA Ph no: 011 - 26933291 – 97
Email: sarah@2020india.com / abhilasha@2020india.com

To take this strategic initiative forward, the existing business roles and responsibilities at Bharti Airtel have been strengthened and enhanced. The objective is to ensure greater operational empowerment and enable effective management of growth as well as be nimble in this competitive environment.

Making the announcement Mr. Sunil Bharti Mittal, Chairman & Group CEO, Bharti Enterprises said “ As we strengthen & build Bharti Enterprises, as a truly diversified conglomerate of the future, it is important to strengthen the existing business roles and responsibilities at Bharti Airtel. The objective is to ensure greater operational empowerment and enable effective management of growth. These changes will further empower the team at Bharti Airtel, drive it towards a stronger market share and take forward Bharti’s entrepreneurial ethos with an enhanced professional culture.”

The following leadership roles at Bharti Airtel (India & SAARC) are being announced with effect from April 1, 2007:-

Mr. Manoj Kohli, will now lead Bharti Airtel Ltd., as its President & CEO. The enhanced position further empowers Manoj to build Bharti Airtel and deliver the One Airtel vision. Manoj will lead Bharti Airtel towards becoming a benchmark in innovative practices, operational efficiency & customer value. Mr.Manoj Kohli will report to Mr. Sunil Bharti Mittal, Chairman & Group CEO, Bharti Enterprises and work closely with Mr. Akhil Gupta, Group Lead Director –Telecom, Bharti Enterprises.

The three Joint Presidents of Bharti Airtel Limited have been given enhanced empowerment to lead their respective businesses. Mr. Sanjay Kapoor will now be President-Mobile Services, Mr. Atul Bindal will be President- Broadband & Telephone Services, and Mr. David Nishball will be President-Enterprise Services. This will enable them to provide deeper focus and be fully accountable for their business results. They will continue to report to Mr. Manoj Kohli.

With Mr. Akhil Gupta now being Managing Director, Bharti Enterprise & Group Lead Director-Telecom, Mr. Sarvjit Dhillon has been given enhanced responsibility and will be Chief Financial Officer & Director-Strategy, Bharti Airtel Ltd. Sarvjit will report to Mr. Manoj Kohli and functionally to Mr. Akhil Gupta, who is also the Chairman of Group Finance and Audit Council. Sarvjit, will work closely with Mr. SL Narayanan, Corporate Director - Finance (Telecom), Bharti Enterprises.

Mr. Harish Dua, Chief of Compliance and Internal Audit, Bharti Airtel Ltd., will now report functionally to Group Director, Internal Assurance, Bharti Enterprises and will have a matrix reporting to Mr. Manoj Kohli.

Source: Press release distribution via India PRwire

About Bharti Airtel Limited

Bharti Airtel Limited, a group company of Bharti Enterprises, is one of India’s leading private sector providers of telecommunications services with an aggregate of 37.26 million customers as of end of February‘07, consisting of 35.44 million mobile customers. Bharti Airtel has been rated among 10 best performing companies in the world in the BusinessWeek IT 100 list.

Bharti Airtel is structured into three strategic business units - Mobile services, Broadband & Telephone (B&T) services and Enterprise services. The mobile business provides mobile & fixed wireless services using GSM technology across 23 telecom circles. The B&T business provides broadband & telephone services in 94 cities. The Enterprise services provide end-to-end telecom solutions to corporate customers and national & international long distance services to carriers. All these services are provided under the Airtel brand. Airtel’s high-speed optic fibre network currently spans over 39,000 kms covering all the major cities in the country. The company has two international landing stations in Chennai that connects two submarine cable systems - i2i to Singapore and SEA-ME-WE-4 to Europe.

For more information, visit www.bhartiairtel.in

Dalmia Cement is setting up a greenfield cement plant of upto 4 million tonne per annum capacity in Andhra Pradesh. For this purpose, the Company has taken over Eswar Cements Pvt. Ltd., with a view to expand its South Indian footprint.

Mr. Somani is a Bachelor BE (Mechanical) with a rich experience of 30 years. Prior to joining Dalmia Cement, Mr. Somani was associated with the Aditya Birla Group for nearly 2 decades and was involved in commissioning of various greenfield projects last of which being the Awarpur Cement Works.

Source: Press release distribution via India PRwire

About Dalmia Cement (Bharat) Limited

Founded in 1935 by Jaidayal Dalmia; the cement division was established in 1939 and enjoys a heritage of 70 years of expertise and experience. It is also the First to obtain ISO 9002 certification in South India and Second in India among Indian Cement Plants and has also Obtained ISO 14001 Certification from BIS. The organization has also received various National Awards, Energy Awards, Site Awards, Safety, Health & Environmental Awards. The company is headquartered in New Delhi with cement, sugar, travel agency, magnesite, refractory and electronic operations spread across the country.

The cement business has grown with an increased production capacity from 1.5 million tonnes [MT] last year to more than 3.5 MT before the mid of this year. Pioneer in cement manufacturing since 1939, DCBL has been synonymous with super specialty cements.

The sugar business, since its commencement in 1994 has shown an expansion from an installed capacity of 2500 TCD (tons of cane crush per day) to 7500 TCD and is potentially growing with a proposed expansion capacity to 22500 TCD this year leading to about 300,000 TCD of sugar when full capacity utilization is achieved.

The Agility re-branding and its new theme, A New Logistics Leader, completes the integration of services across PWC Logistics’ group of companies and reflects the company’s single face to the customer and dedication to personal service.

Today, Agility is a 20,000 employee company with over 450 offices in more than 100 countries. It is publicly traded, with annual revenues of US$4.5 billion and offers a comprehensive portfolio of freight management and customized logistics solutions on a global basis.

“We are very pleased to unveil the new Agility name and branding,” said Tarek Sultan, Chairman & Managing Director of Agility. “Though we have a new name, we are still well known for our rich heritage – PWC Logistics, GeoLogistics, TransOceanic, and Trans-Link among others. With Agility, we have woven our capabilities into a single brand name with one goal – to provide the best, personal customer service possible.”

The word Agility describes the culture of the organization, its speed and dexterity in responding to customers’ needs; while the icon, a dragon is a powerful metaphor, common across different cultures of the world. It symbolizes wisdom, independence, heritage, empowerment, leadership, trade, strength and speed.

“Within the PWC Logistics group of companies we had many well known and leading logistics brands,” said Sultan on the selection of the new brand name.

“The new brand name we sought had to be a perfect descriptor of our character, mission, vision and goals – which was an exceptional challenge because we wanted to convey all of that with just one word,” said the chairman.

The launch announcement of the new Agility brand is the first phase of the plan to migrate from the existing names to Agility. This transition is expected to be fully completed by 2008.

Agility includes several highly specialized service offerings including Defense and Government Services, Project Logistics, and Fairs and Events. Each of these businesses has an additional “brand descriptor.”

Agility Defense and Government Services is the premier logistics leader meeting the unique service requirements for this critical market. It is a complete end-to-end supply chain solution provider that is risk tolerant, has significant asset depth, and financial strength.

Agility Project Logistics is a market leader in handling transport of containerized, breakbulk and heavy-lift cargoes for the world’s leading engineering and construction companies.

Agility Fairs and Events has the experience of having managed thousands of exhibitions and sporting events around the world. It is a recognized leader in full-service, end-to-end management of global exposition and trade show transportation.

“At Agility, we truly believe our customers are our partners,” said Sultan. “We strive to understand their business needs, their competition and the metrics that are critical to their business. We then develop customized solutions incorporating our industry focused capabilities, and deliver with highly personal service.”

As a global logistics leader, Agility will continue to be a responsible corporate citizen with humanitarian relief and development services, community led initiatives, and their Humanitarian and Emergency Logistics Program (HELP). HELP is a pro-bono program designed to bring Agility’s expertise in expeditionary logistics in challenging environments to where it is most needed - global humanitarian disaster preparedness and response.

Agility will continue working with governments and emergency aid organizations around the world to deliver critical materials. Its team of experts air lift or ship food, shelter, and clothing wherever it many be needed on short notice.

“While concentrating on our global customers, our global services and our global reach we have not forgotten our local communities,” said Sultan. “Global presence brings social responsibilities and we take ours seriously.”

Source: Press release distribution via India PRwire

About Agility

Agility is a global provider of integrated supply chain solutions with more than 20,000 employees, 450 offices in 100 countries around the world and over $4.5 billion in annual revenue. A publicly traded company, we offer our customers truly personalized service and flexible solutions tailored to meet their individual business needs, supported by a comprehensive network of warehousing facilities, transportation and freight management services.

Our customers span a range of industries from technology and retail to consumer products and oil and gas. In addition, Agility has three specialized business units: Defense & Government Services, Project Logistics, and Fairs & Events Logistics, each with dedicated teams to meet the complex customer requirements in these markets.

For more information about Agility, please visit www.agilitylogistics.com.

Contact information:
Nita Bhatkar
Manager – Global Public Relations
Tel: +965-4981154
E-mail: na.bhatkar@pwclogistics.com

Anticipating a surge in China's economic growth precipitated by the 2008 Beijing Olympics and 2010 Shanghai Expo, the new plant will include a research and development center and will position Hyundai to challenge China's automotive leaders.

Hyundai Motor Co. Chairman and CEO Chung Mong-Koo was joined in the groundbreaking ceremony by high ranking Chinese government officials including Beijing Vice Mayor Lu Hao, Li Ping the head of the Shunyi District which is home to BHMC and Cheng Lian Yuan, director of the Beijing Municipal Bureau of Industrial Development.

"In a very short space of time, Beijing Hyundai has achieved great success thanks to the help of the Chinese government, our vendors, the media but most of all, thanks to the support of Hyundai's Chinese customers who love Hyundai. From this day forward, we are resolved to put even greater effort into developing the Chinese market because of China's great potential. We will move ahead aggressively not only with manufacturing but also with developing our R&D capability in China, re-energizing our sales and service operations all of which will make BHMC a self-sustaining operation. Our aim is to deliver the best quality, the best designs and the widest selection of models to our Chinese customers," said Chairman Chung.

Beijing Secretary Liu Woo Chi observed, "Over the past three years Beijing Hyundai has proven itself not only to be the most exemplary Korean-Chinese joint venture company but the showcase joint venture company in China. With this ground breaking ceremony, it is my hope that Beijing Hyundai grows to become the leader of the Chinese auto industry."

This year, Beijing Hyundai passed the 500,000 cumulative sales mark, just 40 months after launching the Sonata, its first model in the Chinese market.

Beijing Hyundai started producing Sonata in Dec. 2002 and in 2003, its first full year of sales reached 52,129 units making Beijing Hyundai China's thirteenth largest automaker. Sales soared to 144,088 units 2004 and by 2005, sales had catapulted to 233,668 units making Beijing Hyundai China's fourth best selling brand. This year, Beijing Hyundai is targetting sales of 300,000 and passing VW to claim the number three sales spot.

Beijing Hyundai's second plant is located in the Shunyi District near the Beijing International Airport and is just two km from the first plant. The $1 bln second plant will also include an R&D complex which will be completed simultaneously with the plant.

Beijing Hyundai now builds four models: Sonata, Elantra, Tucson and Accent. Elantra has won numerous accolades in China and is Beijing Hyundai's best seller with 176,589 units sold in 2005. The EF Sonata is one of China's best known, most prestigious brands being the preferred car China's burgeoning middle class.

The Sonata and Elantra were designated by Beijing municipal authorities as the official standard taxi models. The capital's taxi fleet is formidable with 67,000 licensed taxis operating in Beijing. Last month, 15,000 Hyundai taxis were sold accounting for 80 percent of new taxi registrations during the month.

With the second plant Beijing Hyundai will emerge as the leader of the Chinese industry. By 2008, Hyundai and its affiliate Kia Motors Corp. (Dongfeng Yueda, Kia's joint venture in China, will account for 430,000 capacity by 2008) will have a combined capacity of 1.03 million units in China to achieve a 20 percent share of the Chinese market.

Source: Press release distribution via India PRwire

Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company, South Korea and is the second largest and the fastest growing car manufacturer in India. HMIL presently markets 30 variants of passenger cars in six segments. The Santro in the B segment, Getz in the B+ segment, the Accent in the C segment, the Elantra in the D segment, the Sonata Embera in the E segment and the Tucson and Terracan in the SUV segment.

The company recorded combined sales of 252,851 during calendar year 2005 with a growth of 17.26% over year 2004. HMIL is India's fastest growing car company having rolled-out over 970,000 cars in just over 80 months since its inception and is the largest exporter of passenger cars with exports of over Rs. 1,800 crores. HMIL has recorded a growth of 27.2% in exports over the year 2004.

HMIL's fully integrated state-of-the-art manufacturing plant near Chennai boasts some of the most advanced production, quality and testing capabilities in the country. In continuation of its investment in providing the Indian customer global technology, HMIL has announced plans for its second plant, which will produce 150,000 units per annum, raising HMIL's total production capacity to 400,000 per annum by 2007. The plant will be built on a 2.1 million square meter site adjacent to the existing facility with an investment of $450-$500 million on its new integrated facility. HMIL is investing to expand capacity in line with its positioning as HMC's global export hub for compact cars. Apart from expansion of production capacity, HMIL plans to expand its dealer network, which will be increased from 157 to 200 this year. And with the company's greater focus on the quality of its after-sales service, HMIL's service network will be expanded to over 1,000 in 2006.

The Government of India has decided to restructure and modernize the Delhi and Mumbai Airports through the Joint Venture (JV) Route by public-private-participation. Based on the process initiated in February 2004, the Government has selected the GMR consortium as the successful bidder for Delhi Airport and GVK consortium as the successful bidder for Mumbai Airport.

The details of the procedure to be adopted for restructuring and modernization of Delhi and Mumbai airports were outlined in the Request for Proposal Document (RFP). The details of terms and conditions prescribed for tender, as given in the RFP, inter-alia, include key features of transaction, the ownership restrictions in terms of cross ownership, foreign ownership, procedure of submission of the binding offers, information to be provided by Pre-Qualified Bidders (PQBs), procedures for the evaluation of the offers etc. The RFP also gave powers to the government to vary the conditions at any stage. As per the procedure prescribed in the RFP, 10 entities lodged their Expression of Interest (EOI) and nine were shortlisted. The Draft Transaction Documents were issued to these nine PQBs. Out of these nine PQBs finally six had submitted their offer for Mumbai Airport and five for Delhi Airport.

Some of the major steps taken towards the implementation of the decision are as follows:

· Cabinet decision on 11th September 2003

· Constitution of Empowered Group of Ministers(EGOM) on 11th September 2003.

· Constitution of Inter-Ministerial Group (IMG) to assist the EGOM in October 2003.

· Amendment to Airport Authority of India Act on 1st July 2004

· Appointment of Financial Consultants in April 2004.

· Appointment of Global Technical Advisor and Legal Consultants on 25th June 2004

· Receipt of Expressions of Interest on 28th July 2004

· Issuance of Request for Proposal Documents on 1st April 2005

· Issuance of Transaction Documents on 30th August 2005

· Receipt of Technical and Financial Bids on 14th September 2005

· Opening of Financial Bids on 31st January 2006

· Issuance of Order on Selection of successful bidders for Delhi and Mumbai airports on 4th February 2006

The successful bidder for Delhi Airport is the GMR Consortium consisting of :

(i) GMR Infrastructure Ltd.,

(ii) GMR Energy Limited

(iii) GVL Investments Private Ltd.,

(iv) Fraport AG Airport Services Worldwide

(v) Malaysia Airports (Niaga)

(vi) Sdn. Berhad

(vii) India Development Fund

The successful bidders for the Mumbai Airport is the GVK Consortium consisting of:

(i) GVK Industries Ltd.,

(ii) Airports Company South Africa

(iii) The Big Vest Group Ltd.,

Some of the important mandatory projects to be completed within two years/by the year 2010 are:-

Delhi Airport - New Parallel Runway, Initial parallel taxiways, Pair of crosslink taxiways, International/Domestic terminal development, New car park, New landside road to international/domestic complex.

Mumbai Airport - New high speed exist taxiways, International cargo terminal, domestic apron expansion, New domestic terminal car park.

The Joint Venture Companies (JVCs) will be operating, managing and developing Delhi and Mumbai airports for a period of 30 years with an option of extension of the term for an additional 30 years. The JVCs are required to submit Initial Development Plan for a period of 20 years, master plan over a period of 20 years and also to maintain certain service quality requirements. Non-compliance of these requirements will attract suitable penalties.

It has been estimated on preliminary basis that a capital investment to the extent of Rs. 7961 crores and Rs. 6131 crores will be required for Delhi and Mumbai airports, respectively over a period of 20 years in 4 stages of 5 years each. The Joint Venture Companies will be subject to a 49% maximum permissible limit of Foreign Direct Investment.

Within three months from the date of execution of Operation Management and Development Agreement (OMDA), subject to fulfilling the conditions precedent, the Joint Venture Companies will be in possession of Delhi and Mumbai airports. Mandatory Capital Projects of Delhi and Mumbai airports are likely to be completed on or before 31st March, 2010.

The Government of India has structured the transaction in such a way so as to protect the interests of the AAI employees. The process provides for extension of operational support by AAI during the first three years of the Concession period, wherein the employees at these airports would continue to be the employees of the AAI and enjoy the same terms and conditions of service as other AAI employees. On the expiry of the three year period, the successful bidder, namely GMR Consortium for Delhi and GVK Consortium for Mumbai Airports will absorb 60% of the employees working at the airports as on the effective date of transaction. Those employees, who do not opt for the employment with the JVCs will continue to remain as employees of AAI till their superannuation or otherwise.

Source: Press release distribution via India PRwire

The Press Information Bureau is the nodal agency of the Government of India to disseminate information to the print and electronic media on government policies, programme initiatives and achievements. Functioning as an interface between the Government and the media, PIB also provides feedback to the Government as reflected in the media.

PIB functions through its corps of Departmental Publicity Officers attached to various Ministry and important government organizations. Acting as interface between media and the government, these officers also advise Ministries on media matters. Special feedback digests are prepared analysing country-wide coverage of major happenings and decisions. Over 2.5 lakh clippings on important issues and events are digitized in a year.