Ahmedabad, Gujarat, India, Monday, May 20, 2013 — (Business Wire India) — Astral Poly Technik Limited, leaders in manufacturing of CPVC pipes & fittings announced the financial results for the year ended on 31st March, 2013.

Overview of Q4 FY 2012-13 v/s Q4 FY 2011-12

— Company’s sales from operations increased by 43% to Rs. 2,610.90 Mn 2012-13 as against Rs. 1,820.4 Mn in the previous year. (On full year basis Sales has increased by 42% from Rs. 5,793.2 Mn to Rs. 8,210.9 Mn).

— EBITA has increased to Rs. 483.9 Mn as against Rs. 377.0 Mn in the previous year (On full year basis EBITA has increased by 33% from Rs. 837.3 Mn to Rs. 1117.5 Mn).

— PBT has increased to Rs. 392.4 Mn for the quarter as against Rs. 245.4 Mn in the previous year (On full year basis PBT has increased by 55% from Rs. 503.7 Mn to Rs. 779.1 Mn).

— Profit After Tax (PAT) has increased to Rs. 292.2 Mn for the quarter as against Rs. 192.8 Mn in the previous year (On full year basis PAT has increased by 50% from Rs. 397.5 Mn to Rs. 595.2 Mn).

— The Company has reported an Earning per Share (EPS) of Rs. 13 for the current quarter (On Rs.5/- Paid up Shares). (On a full year basis company has delivered an EPS of Rs. 26.48 an increase of 50% )

— The Company has recommended Final Dividend of Rs. 0.75 (15%) in addition to an Interim Dividend of Rs. 0.50 (10%) per equity share of Rs. 5/- each.

The company continues to maintain its growth momentum and has delivered a topline growth of 40% + CAGR, consecutively since the last 8 years.

This is the first year in which company has crossed an EBITA of Rs. 1,000 Mn. Similarly the PAT growth was more than Sales growth. (42% and 50% respectively).

During the year under review company has increased its production capacity to 77,212 M.T. from 65,496 M.T. (An increase of 18%).

During the year company has utilized its capacity to the tune of 49,495 M.T. as against the last year’s 38,824 M.T. which shows a growth of 27%. During the last quarter which is the peak quarter for the company, it has utilized capacity to the tune of 15,218 M.T.

During the year company has booked Foreign Exchange loss of Rs. 109.6 Mn on its borrowing on account of depreciation of rupee which includes Rs.44.12 Mn unrealized loss.

During the second half of the year under review company has started manufacturing of CPVC Solvant cement in its subsidiary company ADVANCED ADHESIVES LIMITED Which has generated a Top Line of Rs. 123.8 Mn and EBITA of Rs. 34.6 Mn and a PAT of Rs.33.2 Mn.

Due to recent change in Shareholding of the Joint venture Company in East Africa, company is planning to add its capacity in Kenya from 3,000 M.T. to 6,000 MT.

To view the Quarterly results, please click on the link given below:

Quarterly financial results

http://www.astralcpvc.com/investorrelation.aspx.

CONTACT DETAILS
Mr. Hiranand Savlani, Chief Financial Officer, Astral Polytechnik Limited, +91 (79) 66212000, hiranand@astralcpvc.com

KEYWORDS
CONSUMER, ECONOMY, PEOPLE, BANKING, BUSINESS SERVICES, CHEMICALS, Financial Analyst, GROUPS, STOCK EXCHANGES

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New Delhi, Delhi, India, Monday, May 20, 2013 — (Business Wire India) — Further aims to capture 20% market share in Split AC segment in FY 2013
Planning to invest 120 crores for the AC segment in FY 2013

Panasonic today announced setting yet another milestone by hitting 1 Million Air Conditioner sales in India since April, 2008. Understanding and meeting the customer requirements & needs has been a constant endeavor at Panasonic. In the AC segment, the company has set new bench marks with its ECONAVI technology based on their unique energy saving concept. In addition to this, Panasonic is the first to aggressively promote the revolutionary ‘Intelligent Inverter Technology’ that helps the air conditioning unit reach the desired temperature faster and also operate much efficiently and save up to 50% energy consumption. With its already existing expansive portfolio in the AC segment the company has achieved this milestone in shortest period and will continue to roll out more innovative additions catering to the diverse needs of consumers.

With localization being one of the key growth drivers for Panasonic in India, the company has been creating products that meet the specific needs and requirements of customers. Keeping this in mind, Panasonic also introduced first-of-its-kind India specific innovation Cube AC in 2010, which is moderately priced with all comforts and energy efficiency of split units, to suit the requirement of Indian households. With “Localisation” and “Innovation” at the core of the company’s business strategy, the market share percentage for ACs which was less than 1% in 2008 jumped to 6% in 2010 and currently stands at 15% today. Panasonic being a relatively new entrant is growing around 80 to 100% in split ac segment and stands no.1 in states like Gujarat, Maharashtra, Tamil Nadu and Rajasthan.

Speaking on the milestone achieved, Mr. Suresh Kumar Bandi – Divisional Deputy Managing Director, Home Appliances Business, Panasonic India said, “Panasonic continues to revolutionize the AC market in India and the milestone of 1 million is just a start. Our Japanese Technology powered ACs will continue to deliver many more milestones and comfort our customers for years to come”

In addition to its existing line up and growth achieved till now, Panasonic plans to invest Rs.120 crores in FY 13 in the spilt air-conditioner segment and aims to capture around 20% of the market share by end of this fiscal. The company recently launched its new and improved AC line up of ECONAVI products, and with its new advertising campaign featuring Katrina Kaif the company is hoping to make its presence felt as the innovator and the change-maker.

About Panasonic

Panasonic Corporation is a worldwide leader in the development and engineering of electronic technologies and solutions for customers in residential, non-residential, mobility and personal applications. Since its founding in 1918, the company has expanded globally and now operates over 500 consolidated companies worldwide, recording consolidated net sales of 7.85 trillion yen for the year ended March 31, 2012. Committed to pursuing new value through innovation across divisional lines, the company strives to create a better life and a better world for its customers. For more information about Panasonic, please visit the company’s website at http://panasonic.net/.

About Panasonic India

Panasonic makes available in India its wide range of consumer electronics, home appliances like LCD & Plasma TVs, DVD players, home theatre systems, cameras, camcorders, car audio systems, air conditioners, washing machines, refrigerators, microwave ovens, automatic cookers, vacuum cleaners and a wide range of system products including communication ones like Phones, High Definition Videoconferencing, Professional Audio Video products like broadcast cameras, Projectors and Displays, Business Solutions including Printers, Whiteboards and Security solutions. The company currently has a workforce of about 12,500 in India. For more information on the company and the Panasonic brand in India, please visit http://panasonic.co.in.

CONTACT DETAILS
Richa Sethi, Panasonic India, +91 9560498765, richa.sethi@in.panasonic.com
Malvika Sinha, Genesis Burson-Marsteller, +91 9873382955, malvika.sinha@bm.com

KEYWORDS
CONSUMER, ECONOMY, PEOPLE, MARKETING, ELECTRONICS, HEAVY INDUSTRIES, HOUSEHOLD, IT, GROUPS, RETAIL, TECHNOLOGY

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Mumbai, Maharashtra, India, Monday, May 20, 2013 — (Business Wire India) — In what could be a boon to corporate recruiters, Pebstone Infotech – a social media and mobile technology company has launched ZALP – a SaaS based social employee referral recruiting solution.

After successfully launching in the United States, ZALP now aims to awaken Indian recruitment professionals to the importance of employee referrals and the wide reach that social recruiting has to offer.

ZALP enables organizations to automate and streamline every aspect of their employee referral program while at the time same integrates it with the potent potential of social recruiting using its advanced social media capabilities.

“Employee referral programs are a vital tool for attracting new talent within organizations. A strong employee referral program can directly impact a business by decreasing turnover, reducing costs, and improving productivity in the recruitment process” says Aatish Dedhia, founder of Pebstone and CEO of Zycus.

“Indian organizations are gradually waking up to the importance of employee referrals and the reach of social recruiting. Their counterparts in the west have been exploiting these valuable sources of recruitment since several years” says Dedhia.

Each of ZALP’s features have been specifically developed to give organizations a new and innovative referral platform that drastically accelerates employee participation resulting in a considerable reduction in the cost per hire and time to fill.

The features of ZALP have so uniquely been devised that the referral process for employees has been simplified to just a click of a mouse.

Arthur Raguette, EVP of Verdantis, one of the leading companies in Master Data Management says “ZALP has transformed our employee referral program to give us 50% more referrals every month. Even the employees who have never made referrals before are now actively referring thanks to ZALP’s interesting features and extremely user friendly interface”

After its successful stint in the United States, ZALP is now looking at a global launch with UK, Australia and Middle East being next on the cards.

The interesting aspect about ZALP is that it is a highly scalable tool and can be seamlessly used by organizations having 100 to even 10000+ employees.

Visit www.zalp.com to know more.

About ZALP:

ZALP is a product of Pebstone Infotech which is founded by Aatish Dedhia who is an IIT Bombay alumnus and the CEO of Zycus – world leader in Procurement Performance Solutions. Prior to Zycus, Aatish worked at Intel Corporation in the United States and was part of the core design team on the Pentium-II processor.

CONTACT DETAILS
Priyanka Prabhu, Marketing Lead – ZALP, +91 9833149317, priyanka.prabhu@zalp.com

KEYWORDS
PEOPLE, CONSULTANCY SERVICES, MARKETING, BUSINESS SERVICES, IT, GROUPS, TELECOMMUNICATIONS, TECHNOLOGY

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New Delhi, Delhi, India, Monday, May 20, 2013 — (Business Wire India) — Dynamic services offered by RED Express are:

RED Flash: Same Day Delivery is now possible with Red Express’s revolutionary service RED Flash. Our premium product offers Same Day Delivery, which has never been experienced in the Industry before. We cater to this service with the highest priority. Our Flash service also comes with an array of Value Added Services that customers can choose from that includes Flexi Delivery & Flexi Pick Up, where our customers can decide at what time they want us to deliver their consignment.

RED Plus 1100 (Sab Se Pehle): Our RED Plus 1100 product has been specially designed as a Time Bound Express Delivery Service, which will cater to your time-sensitive consignments. Beating all Industry standards, we deliver your consignment the Next Day before 1100 Hrs- Sab Se Pehle. It also comes with an array of Value Added Services.

RED Plus 1400 (Lunch Se Pehle): RED Plus 1400 is designed to cater to all your commercial and non-commercial consignments that are to be treated with utmost sensitivity and to be delivered on time as Promised the Next Day before 14:00 Hrs- Lunch Se Pehle. You will also get instant Email notifications at both Pickup and Delivery.

RED Plus (Next Day Delivery): RED Plus will deliver your consignment Anytime Next Day after 1400hrs. This will cater to the needs of those customers who want Next Day Anytime Delivery. You can select a particular time of Pick Up and Delivery by using the Flexi Pickup and Flexi Delivery Value Added Service.

RED Value (Max 48 Hrs): RED Value 48Hrs offers you Smart and Efficient Delivery. This will cater to the needs of those customers who want their consignment to be delivered within Maximum 48Hrs from Pickup. You will get instant E-mail notifications on both Pick Up and Delivery.

RED Value (Max 72 Hrs): RED Value72Hrs is an Economical yet Efficient service that is unmatched in the industry. It will deliver your parcel within Maximum 72Hrs from Pick up. You will get instant E-mail notifications on both Pick Up and Delivery.

RED Value (Max 96 Hrs): RED Value 96Hrs offers you Smart delivery at an extremely economical price. Your parcel will be delivered within Maximum 96Hrs from the Pick-Up. You will get instant E-mail notifications at the time of both Pick-Up and Delivery.

All these services will change the perspective of the customers within the Domestic Express Industry.

Our Promotions: We are running a “Summer Bonanza” promotion for our customers, started from 1st May 2013 until 30th June 2013. In this there will be a daily lucky draw on our website amongst all unique waybills booked in a day. 10 unique waybills will be picked randomly as winners’ every day. Exciting gifts will be sent to all the winners. There will also be a Mega Jackpot Bumper Draw at the end of the promotion period.

Our Network: RED Express is currently operational and serviceable from the following locations:

Mahipalpur, Kirti Nagar, Wazirpur, Rani Jhansi Road, Okhla, Laxmi Nagar, Faridabad, Noida, Gurgaon, Moradabad, Jaipur, Haridwar, Ambala, Chandigarh, Ludhiana, Bahalgarh, Sonipat, Ghaziabad, Zirakpur/Mohali, Manesar, Agra, Dehradun, Lucknow, Amritsar, Jalandhar, Kanpur, Patiala ,Varanasi, Meerut, Ajmer, Kota , Jodhpur, Allahabad and Indore.

About RED Express (www.getsetred.net):

RED Express is a Door to Door Domestic Express Parcel Service provider. RED stands for Real-Time Express Distribution. It shares business information through a highly efficient Web Based Integrated Information Technology Platform. It has Flexible and “As Promised” Pick-up and Delivery timings along with an array of a lot of other optional Value Added Services as well.

Toll Free: 1800 123 2400

CONTACT DETAILS
Nidhi Rana, RED Express, +91 (124) 7124087, marketing@getsetred.net

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, RETAIL, TECHNOLOGY

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Schönberg, Germany, Monday, May 20, 2013 — (Business Wire India) — For companies in the meat industry it is a given that product quality has highest priority both during production and in retail stores. Raw materials are selected with the utmost care in order to meet internal and external demands for high quality and for perfect hygiene standards.

Independent authorities, e.g. German Agricultural Society or food inspection institutes regularly assess the products of meat processing companies. Good results repeatedly confirm the success of efforts to ensure acceptance and quality of the products. In addition, internal standards and HACCP requirements are continuously reviewed and documented under IFS (International Food Standard).

To meet quality demands, new technologies are used in the production of meat products. X-ray technology currently sets the standard for contaminant detection.

The product inspection systems of the RAYCON range from S+S Separation and Sorting Technology GmbH are equipped with sophisticated, reliable X-ray technology. These X-ray systems meet the high quality demands of the food and packaging industry. When combined with modular conveyors they can be adapted to application specific requirements and local site conditions.

Raycon product inspection systems perform high-precision inline detection of a great variety of contaminants such as magnetic and non-magnetic metals, glass, ceramics, stones, raw bones, and some types of plastics. Raycon detects contaminants in the processing of aluminium packagings or other metallic foils. Other product defects such as broken, deformed, or missing products, clumps, air inclusions, as well as overweight and underweight can also be detected.
 
With respect to detection possibilities, radiation protection, and machine safety Raycon X-ray systems are absolutely state-of-the-art. When properly used the X-ray scanner poses absolutely no risk to operators or products. Radiation values are a many times below statutory limits. EU directive 1999/2/EC expressly permits X-ray systems for contaminant inspection for organic food. The additional benefit that innovative X-ray technology offers for users more than offsets the additional expense involved in purchase and operation.

Jörg Schaper, S+S area sales manager comments: “More and more customers from the meat industry are using X-ray for the quality inspection of their products. Compared to competitors’ systems our Raycon has demonstrable outstanding ease of operation and reliability. When purchasing X-ray systems, companies from the meat industry more and more choose S+S. We recently equipped 16 lines for a major customer with twin-line X-ray inspection, including a separate reject system for each line. The optional weighing function removes the need for check weighers”

S+S – an overview

S+S Separation and Sorting Technology GmbH of Schönberg, Bavaria, manufactures machines and systems for the detection/separation of contaminants, for product inspection, and for the sorting of material flows. Product sales primarily focus on the food, plastics, chemical, pharmaceutical, wood, textile, and recycling industries. S+S is one of the world’s leading suppliers with subsidiaries in Great Britain, France, Italy, India, China, Singapore, and in the USA, a representative office in Turkey, and more than 40 agencies all over the world. The S+S group presently has 350 employees, about 300 are working at the main factory in Schönberg. The consolidated turnover in 2012 amounted to approx. Euro 43 million.

S+S India Representative Office
C/O M+V Marketing & Sales Pvt. Ltd.
R K Plaza Survey No. 206/3, Plot No.
17 LohgaonViman Nagar Pune,
Maharashtr, PIN 411 014
India
Tel. +91 20 2674 1012
Fax +91 20 2674 1001
e-mail: india@se-so-tec.com
www.sesotec.com

To view the photograph, please click on the link given below:

S+S RAYCON product inspection system
For picture(s)/data to illustrate this release click below:

http://www.BusinessWireIndia.com/attachments/IMG_1(178).jpg
S+S RAYCON product inspection system

CONTACT DETAILS
Brigitte Rothkopf, S+S Separation and Sorting Technology GmbH, +49-(0)8554-308 274, brigitte.rothkopf@sesotec.com

KEYWORDS
CONSUMER, FOOD, PEOPLE, BUSINESS SERVICES, GROUPS, TECHNOLOGY

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Mumbai, Maharashtra, India, Monday, May 20, 2013 — (Business Wire India) –

The Directi Group, India’s largest supplier of domain names, has launched a new internet addressing domain ‘.IN.NET‘. The new privately operated, Indian focused address will offer shorter, more memorable, first choice names which are otherwise hard to find in .com, .net or .in. So for instance, instead of registering mukeshandsons.in or .com, a certain Mr. Mukesh can now register mukesh.in.net as his website address.

With an internet population of over 100 million, India ranks third in the global internet population chart. However, in terms of domain names or internet addresses in use, India is estimated at slightly over 3 million names. This gap is expected to close over the next few years as more businesses, professionals and individuals look to set-up their own website to reach this rapidly growing internet audience.

“Data gathered across all our channels show that over 65% of our customers are not able to get a domain name of their first choice. They are either turning away or settling for a much longer, unattractive name. Our aim is to make name scarcity a non-issue and offer all Indians a short, memorable name at a very affordable price.” – said Bhavin Turakhia, Founder & Group CEO

.IN.NET will launch with a 42 day Landrush & TM Claims service starting 18^th June, 2013, where customers can pre-register for generic, premium names and brand names can block their domain names to prevent cybersquatting. Open registrations on a first-come, first-served basis will start 1^st August onwards. The domain will be distributed across all of Directi’s properties and other domain registrars around the world.

About Directi

Directi is a $300+ million group of businesses, providing various web products and services to millions of global users. Directi businesses include ResellerClub, LogicBoxes, BigRock, Skenzo and Media.net. We are 800 people strong, spread across 5 offices in 3 countries.

CONTACT DETAILS
CONTACTS :

Radix FZC
Vivek Desai, 1-831-295-1535 ext. 8162
Marketing Associate
vivek.de@directi.com

KEYWORDS
CONSUMER, BUSINESS SERVICES, IT, TECHNOLOGY

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Pune, Maharashtra, India, Monday, May 20, 2013 — (Business Wire India) — ESOP Direct, a leading solutions company in the space of Equity based compensation in India announced the results of their fifth annual survey – Equity Compensation trends 2012.

The survey, conducted by ESOP Direct, included responses from 117 Indian Companies (includes both listed and unlisted categories).

“It is our fifth annual survey covering the entire gamut of issues faced by companies while designing and managing Equity Compensation Plans in India. Wherever possible we have also benchmarked Indian practices with those in the US to give a global context to the findings,” said Harshu Ghate, Co Founder & CEO of ESOP Direct.

Some of the key findings of the Survey are:

— An overwhelming 89% percent of companies said that their equity based compensation plans have achieved the objectives of implementing ESOP Plans.

— Retention and Reward continue to be topmost reasons why companies grant ESOPs

— Companies continue to grant options annually. An increasing number is also offering on-joining grants to employees.

— While ESOPs still remains the most popular instrument, Restricted Stock Unit (RSU) is the next popular instrument.

— Procedural and administrative hassles and FEMA restrictions are discouraging close to 69% of the companies from granting ESOPs to their foreign employees.

— More than half of the companies cover less than 10% of their employees under ESOPs.

— Senior management employees get around 67% of the Total Options granted by the Company. CEO/CXO level gets around 24% of the pool.

— Close to two thirds of the companies do not grant options to Non Executive / Independent Directors.

— Companies are increasingly moving from individual performance criteria for vesting to vesting based on company performance targets (both top line and bottom line).

— Listed companies are increasingly outsourcing plan management

“The trends over the last 3-4 years clearly show that companies have seen distinct advantages by issuing ESOPs by achieving higher retention and employee motivation”, said Harshu Ghate, Co-Founder & CEO at ESOP Direct. “Companies have also rectified some of the features and coverage criteria based on their experiences” he said.

We welcome inquiries about this research. To get a paid copy of the research, please use the contact information below.

About ESOP Direct

ESOP Direct is a leading solutions company in the space of Equity based compensation and offers services covering the entire life cycle of ESOPs including Plan conceptualization, Design, Documentation, Plan management, Compliance and reporting. ESOP Direct is the first and the only company to offer a full spectrum of integrated on-line stock plan management services, including plan administration, compliance, employee communication and online transaction capabilities. This service is delivered using their proprietary web based platform My ESOPs^TM. ESOP Direct also offers a web based platform for financial reporting of stock options which includes valuation , expensing and reporting under IFRS, IGAAP & FAS 123R.

ESOP Direct, since its inception in 1999, has advised more than 500 companies on their ESOP design and implementation.

CONTACT DETAILS
Harshu Ghate, Co- Founder & CEO, ESOP Direct, +91 (020) 66525284, consulting@esopdirect.com, info@esopdirect.com

KEYWORDS
CONSUMER, ECONOMY, PEOPLE, CONSULTANCY SERVICES, MARKETING, BANKING, BUSINESS SERVICES, Financial Analyst, GROUPS, MEDIA, REAL ESTATE, STOCK EXCHANGES

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Portland, Oregon, United States, Friday, May 17, 2013 — (Business Wire India) — www.deltadisplays.com

Delta Displays, a leading provider of display technologies, is pleased to announce that LESA Accelerated Response using Integrated Analysis and Technology (LARIAT) has selected and installed Delta’s LCD video wall and DVCS control solutions for its real-time crime center in Washington State.

The LARIAT center adopts comprehensive community-based data-driven approaches to preventing and reducing violent crime. With no precedent to follow, LARIAT turned to Delta and DataPrism to design and provide a solution that would allow them to access and view over key information necessary to stop a crime that is still in progress.

Delta offered its professional-grade 46″ narrow bezel LCD displays, coupled with the IP-based distributed video wall control system – the DVCS, which supports third party API integration. DataPrism leveraged Delta’s API code to create an intuitive solution, ADMS (Advanced Display Management System), for users to monitor video sources in context on a map on their workstation or drag and drop video sources to the video wall and wall mounted displays.

Speaking of Delta’s DVCS solution, Berger said, “We selected the Delta / DataPrism solution because it offered the most flexibility and did everything that we wanted it to do.”

“Partnering with Delta Displays’ technical team went very well. It allowed us to provide a fluid interaction between the users and their viewing experience,” stated Mark Lacas CEO of DataPrism. “Now it is as easy and as fast to manage disparate video sources on the video wall as it is to move windows on your computer. The Delta / DataPrism solution delighted the client and exceeded their expectations. This is the future of video systems.”

About Delta

Delta Displays a division of the USD 7.1 billion Delta Group, is a pioneer in developing professional display for control room solutions for surveillance, security, traffic, command & control, utilities, process control, telecom and broadcast applications. Delta offers a wide array of display technologies including: rear projection DLP video walls with Gen2013 LED technology, super thin-bezel LCD video walls, and high-resolution indoor/outdoor LED displays with a powerful & highly flexible Wall management Software suite. More information about Delta Displays can be found at www.deltadisplays.com

To view the photograph, please click on the link given below:

Delta Displays Brings Real-Time Visibility to High-Tech Crime Center
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Delta Displays Brings Real-Time Visibility to High-Tech Crime Center

CONTACT DETAILS
Ms. Aruna Dhingra, Marketing Communication, Delta, +91 (124) 4874900, pr@deltadisplays.com

KEYWORDS
ENTERTAINMENT, PEOPLE, BUSINESS SERVICES, DEFENCE, ELECTRONICS, MEDIA, TECHNOLOGY

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Mumbai, Maharashtra, India, Friday, May 17, 2013 — (Business Wire India) — – Enterprise Data Service Provider of the Year (fifth year in a row)

— Managed Video Conferencing Service Provider of the Year

Frost & Sullivan honours Tata Communications with four awards in the Enterprise Telecom Services category at the 2013 Frost & Sullivan, India, Information & Communications Technology (ICT) Awards. The Awards ceremony, attended by the telecom industry’s leading players, saw Tata Communications take the stage to receive four ‘Service Provider of the Year Awards’ for: 1) Enterprise Data, 2) Hosted Contact Centre Services, 3) Third-party Managed Services, and 4) Managed Video Conferencing Services.

Benoy C S, Director, ICT Practice, Frost & Sullivan, South Asia and Middle East says, “In 2012, Tata Communications has continued to pioneer innovative products and display leadership across its Enterprise Telecom portfolio. With strong emphasis on innovation in terms of technology, a vertically and horizontally-diverse service portfolio and strong global network, it has succeeded in offering best-in-class products and services together with a compelling value proposition to its Enterprise customers.”

Currently in its 11th year, the 2013 Frost & Sullivan India ICT Awards acknowledge companies that have pushed the boundaries of excellence and risen above the competition to demonstrate outstanding performance within the ICT sector in India.

Sumeet Walia, Head, Global Enterprise Business, Tata Communications, says, “We are truly honored to receive these four prestigious awards. At Tata Communications, we aim to consistently deliver industry-leading service quality, which ensures that our customers can leverage our extensive, reliable networks. Our end-to-end solutions in the Enterprise space help our customers to stay focused on their core business. We are constantly striving to deliver a best-in-class service and experience to our customers, driving end-user loyalty.”

Enterprise Data Service Provider Award: fifth consecutive win

As one of the major network providers with a core focus on the Enterprise data space, Tata Communications continues to take the number one position in the India enterprise data market with approximately 20 percent market share. In addition, over half of the all international traffic originating from India travels over its network.

Its leadership position, alongside consistent innovation in global standard next generation technology, including the world’s first Ethernet-based low latency network and 100G network connectivity, makes Tata Communications a competitor to be reckoned with in the Indian data network landscape.

Hosted Contact Centre Service Provider Award: third year in a row

Tata Communications has a strong product offering for international as well as domestic contact centres and managed services. The company currently has the highest revenues and market share amongst all service providers in 2012.

Its portfolio of Contact Centre applications with cloud-based virtualization, such as its cloud-based platform for contact centres, keeps innovation and customer experience at the heart of its strategy.

Third-Party Managed Service Provider Award: second year in a row

Tata Communications continues to lead the third-party managed services market with an incredible revenue growth of 43 percent and a market share of 24 percent.

The company offers a rich suite of managed services that operate on its high-performance global network infrastructure, providing reliable access and excellent performance across India. Key contributing factors for this Award include the company’s original equipment manufacturer (OEM)-partnership led-approach and its Leadership in Energy and Environmental Design (LEED) data centre certification status, evidencing its intent toward a green data center environment.

Managed Video Conferencing Service Provider Award

Tata Communications’ drive to create a connected and open video ecosystem includes business-to-business video services, cloud-based services, and flexible, modular, managed services, as well as one of the world’s widest-reaching Telepresence networks via intercarrier agreements and the largest public Telepresence room footprint.

These offerings culminate under the Global Meeting Alliance, an open business video ecosystem initiative spearheaded by Tata Communications, which provides participating enterprises and service providers with greater global reach, lower total cost of ownership, and a world-class user experience.

The Award contenders were judged based on a variety of parameters including: revenues, growth, market share, product diversity, and vertical and horizontal diversity. The judging process involved in-depth primary interviews of various industry participants and secondary research conducted by Frost & Sullivan analysts. An elite panel of jury members comprising some of the most prominent CIOs/CTOs from the industry evaluated the compiled data and incorporated the end-user perspective. Frost & Sullivan then presented the Awards to the companies that received the number one industry rank in each category.

Click here to watch what the Tata Communications team has to say.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

— The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

— The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360-degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

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About Tata Communications

Tata Communications Limited along with its subsidiaries (Tata Communications) is a leading global provider of a new world of communications. With a leadership position in emerging markets, Tata Communications leverages its advanced solutions capabilities and domain expertise across its global and pan-India network to deliver managed solutions to multi-national enterprises, service providers and Indian consumers.

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Tata Communications’ depth and breadth of reach in emerging markets includes leadership in Indian enterprise data services, leadership in global international voice, and strategic investments in South Africa (Neotel), Sri Lanka (Tata Communications Lanka Limited) and Nepal (United Telecom Limited). Tata Communications Limited is listed on the Bombay Stock Exchange and the National Stock Exchange of India and its ADRs are listed on the New York Stock Exchange (NYSE: TCL).
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CONTACT DETAILS
Ravinder Kaur, Corporate Communications – South Asia, Frost & Sullivan, +91 9940141714 / +91 (44) 66814080, ravinder.kaur@frost.com
Priya George, Corporate Communications – South Asia, Frost & Sullivan, +91 9840355432 / +91 (44) 66814456, priyag@frost.com
Nimisha Iyer, Corporate Communications – South Asia, Middle East and North Africa, Frost & Sullivan, +91 98200 50519 / +91 (22) 66072004, niyer@frost.com
Priti Gandhi, Tata Communications, +91 9820860627, priti.gandhi@tatacommunications.com

KEYWORDS
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Hospet, Karnataka, India, Friday, May 17, 2013 — (Business Wire India) — MSPL Limited’s flagship open cast iron ore mine Vyasanakere Iron Ore Mine (VIOM) (ML No.2416), resumes mining after getting permission from the Director of Mines and Geology, Government of Karnataka. The mine had stopped its operations since January 2009. The mine is one of the largest iron ore mine in the private sector with an area of 347.22 hectare, near Hospet with an annual production sanction of 0.91 million tonnes per annum. The resumption of mine with immediate effect follows several orders from the Hon’ble Supreme Court and after satisfactory completion of Reclamation and Rehabilitation(R&R) works prescribed by the Monitoring Committee.

The VIOM is a highly mechanized mine with a record of safe and scientific mining since 1962. In spite of the recent ban on mining operations, the company had maintained its employees.

Reacting to the development of resumption of mine, Mr. Narendrakumar A Baldota, Chairman and Managing Director, MSPL Limited said “The resumption of Vyasanakere Iron Ore Mine is very good news for us. We have been waiting for this day and have been doing systematic and scientific mining and will continue do the same with a high concern on environment and safety. This will bring back prosperity to the region and improve employee and society well being”.

About MSPL Limited: MSPL Limited, a flagship Company of Baldota Group of Companies, is one of India’s leading iron ore mining companies and holds the distinction of being one of the country’s largest producers of wind power. It is also active in Industrial Gases, Shipping, Steel, Chemicals, Diamond and Gold Mining. For additional information; visit our website: www.mspllimited.com

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MSPL’s Vyasanakere Iron Ore Mine resumes Mining
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MSPL’s Vyasanakere Iron Ore mine resumes Mining

CONTACT DETAILS
C.S. Madhu Manjunatha, General Manager- Corporate Communications, +91 9900066261, madhu.cs@mspllimited.com

KEYWORDS
CONSUMER, ECONOMY, ENVIRONMENT, PEOPLE, BUSINESS SERVICES, CHEMICALS, COMMODITIES, CONSTRUCTION, ENERGY, HEAVY INDUSTRIES, GROUPS, MINING, TECHNOLOGY

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