Tuesday, December 29, 2009

Binary Mantra Systems launches Web and Mobile enabled Hospital Management System

IT products & services company Binary Mantra Systems (BMS) launched the enterprise edition of MediOps- their flagship Hospital management system.
The enterprise edition enables outpatient and inpatient management including diagnosis and billing, Medical History, daily treatment and billing for inpatients. Other module of the software automates hospital’s medical store to electronically manage requisitions, issues and inventory of medicines. This is a multi-user system with user management facilities.

MediOps Lite, which was released in June 2009, caters to small hospitals/clinics with simple and quick patient registration, case history and billing processes. Doctors and support staff can generate bills in minutes.

Doctors can enquire about a patient’s status on their mobiles sitting at home and also get notified when a new admission takes place. The same information can also be accessed on the web but in much more details.

About Binary Mantra Systems:
Binary Mantra Systems (BMS) is a Pune based software development organization founded by IITians and IT industry experts. BMS specialized in developing products and services in the Healthcare, Education, Construction and Telecom domains. Our Hospital Management product-MediOPs- was launched in 2009.

The enterprise edition enables outpatient and inpatient management including diagnosis and billing, Medical History, daily treatment and billing for inpatients. Other module of the software automates hospital’s medical store to electronically manage requisitions, issues and inventory of medicines. This is a multi-user system with user management facilities. MediOps Lite, which was released in June 2009- caters to small hospitals/clinics with simple and quick patient registration, case history and billing processes. Doctors and support staff can generate bill in minutes.

BMS has expertise in developing audio-video streaming and online training solutions for companies in the simulation-based training or online training domain.

BMS specializes in Microsoft technology platform with expertise on ASP.net, VB.net, Silverlight, WPF, WF and SQL Server 2000/5/8. Our detailed profile can be seen here ( binarymantrasystems.com/bms/MediOps/BMS_Profile_Dec_2009.pdf ).

For more details, please contact abhishek@binarymantrasystems.com.

Binary Mantra Systems

Flat No. 10, Bldg No. 1, SunderNagari Society, Bhelke Nagar, Near Sutar Hospital, Kothrud, Pune 411029 , India

Abhishek Srivastava
9324427853

openPR.com - Press release

Monday, December 28, 2009

Ubisoft Pune creates the first officially Nintendo DS licensed title

The game called 100 All Time Favorites provides 100 board games, and card games like Solitaire, Poker, Mancala (an African game), Backgammon, Chess, Chinese Checkers, and Draughts.

"It took six months of preparation and training, and then eight months of production work for us to make this DS game," says Jithin Rao, Producer at Ubisoft in Pune to Digit.

Around 40 people from Ubisoft India were involved in the project - four artists, four designers, 18 programmers, and a 10 member testing team from Pune. The Pune office has also worked on Cell-Factor Psychokinetic Wars on the Xbox live and the Play Station, games on the DS on the Imagine series, and Just Dance on the Wii.

To read more, please, visit SiliconIndia

Wednesday, December 23, 2009

"A Startup Journey" Gautam Godse shares his experiences with Extentia Information Technology

Gautam Godse shares his experiences of 'A Startup Journey' with Extentia Information Technology. Featuring inspirational speakers, IT entrepreneur Gautam Godse gave a fascinating presentation to Extentia team members and select guests about his personal journey through the world of technology startups.


In the latest of a series of Extentia-arranged interactions featuring inspirational speakers, IT entrepreneur Gautam Godse gave a fascinating presentation to Extentia team members and select guests about his personal journey through the world of technology startups. Gautam’s visit follows October’s session with renowned basketball coach and social entrepreneur JD Walsh.

During the hour-long session, Gautam shared anecdotes, jokes and experiences spanning his entire career, from his very first computer-related paycheck of Rs. 87 (earned while still in high school) right up to his current position as Software Director at Big Nerd Ranch, Inc.

As an entrepreneur, Gautam is always on the lookout for fresh opportunities. “Take a look at everything around you. There is a problem waiting to be solved,” said Gautam. “And the simplest solutions are often the best.”

A true pioneer and self-confessed technology geek, Gautam discussed his founding role at a series of startups including JabberWocky, WMINet, moreLinux and musicurry. After stints at NetZero and then Yahoo, he recently rejoined the startup world with Big Nerd Ranch.

Umeed Kothavala (Extentia Director) felt that everyone who took part benefited from the session. “We’re delighted to have Gautam to spend some quality time with us - to and share his insights and experiences,” he said. “I’m sure that all of us will be inspired by Gautam’s example, always thinking creatively when tackling the challenges and opportunities in technology."

Gautam also talked about effectively harnessing the benefits of social networking: “Who you know is more important than what you know.” He also affirmed that the key to success is to keep things simple. “Apple’s iPhone is a great example. So many manufacturers were trying to cram keyboards onto cellphones, but the iPhone uses a different approach and delivers a great user experience,” he said. “Although making things simple is the hardest thing in the world, the payoff can be amazing.”

Towards the end of the session, Gautam fielded several questions from the audience, including enquiries about the future of computing, his experiences working with Yahoo, and why he shifted to the US. He also highlighted that innovations such as Amazon Web Services are increasingly making computer processing power “just another utility” – like electricity or gas – much to the benefit of startups who no longer have to invest in expensive infrastructure.

Originally from Pune in India, now based in Los Angeles and “wherever the world will take me with Internet connectivity”, the occasion also gave Gautam an opportunity to reflect on a journey that has taken him all over the world while remaining connected with his roots at home. A long time Extentia friend and supporter, Extentia was proud to have him as a speaker and will continue to invite exciting and inspirational visitors in the new year.

About Gautam Godse:

Gautam Godse has over 18 years of experience in the computing, software and internet industry. He is a serial entrepreneur, having started his first business, a BBS called JabberWocky, from his bedroom just after graduating from college. That BBS led him on to start India's first private ISP, WMINet, in 1997. He then started moreLinux.com in 1999 to develop desktop Linux applications at a time when the Linux market was still untapped. He migrated to the US in 2001 and sought corporate experience in companies like NetZero and Yahoo

After working in the corporate world for eight years, he is finally getting back to his entrepreneurial roots and in his new role as Software Director he leads the consulting and products division at the Big Nerd Ranch.

Suzlon Engages Marathon Capital to Advance Customer Financing Solutions

Suzlon Wind Energy Corp., the North American subsidiary of Suzlon Energy Limited (SEL) - the world's third largest wind turbine group* - announced the appointment of Marathon Capital, LLC, a renewable energy-focused investment bank, to explore and identify innovative financing strategies for wind turbines and their associated costs.

About Suzlon Energy Limited:

Suzlon ranked as the world's third* leading wind turbine supplier in terms of market share in 2008. Suzlon has ranked as the leading manufacturer in the Indian market for ten consecutive years, maintaining over 50 per cent market share.

Suzlon has its corporate offices in Pune, India and the company's global spread is reflected in its projects and markets portfolio - extending across Asia, Australia, Europe and North and South America.

Suzlon is a highly vertically integrated wind turbine manufacturer with manufacturing capability along the full value chain - from components to complete wind turbine systems. For more information on Suzlon, please visit: www.suzlon.com.

To read more, please, visit PRNewsWire

Tuesday, December 22, 2009

Talentica Ranked amongst the Fastest Growing Technology Companies on the Deloitte Technology Fast 500 Asia Pacific 2009

Talentica Attributes its 114.3 Percent Revenue Growth to Employee Commitment and Hard Work:

Talentica Software today announced that it ranked as one of the Deloitte Technology Fast 500 Asia Pacific 2009, a ranking of the 500 fastest growing technology companies in Asia Pacific. Rankings are based on percentage revenue growth over three years.

Talentica grew 114.3 percent during this period.

Talentica's CEO, Nitin Shimpi, credits the employees with the company's 114.3% revenue growth over the past five years. He said, "We feel honored to have received this award. I owe this award to my employees. Their hard work and commitment towards excellence has driven us this far and will take us further ahead."

"Attracting enough customers to attain such fast growth over three years makes a strong statement about the quality of a company's product and its leadership," said Ian Thatcher, partner in charge of Deloitte's Technology Fast 500 Asia Pacific program. "Talentica Software has shown the right stuff for growth."

Technology Fast 500 Asia Pacific selection and qualifications:

The Technology Fast 500 list is compiled from Deloitte's Technology Fast 50 Asia Pacific programs, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify for the Technology Fast 500, entrants must have had first year operating revenues of at least US$50,000.

Entrants must also be public or private companies headquartered in Asia Pacific and must be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; Manufactures a technology related product, or devotes a significant proportion of revenues to the research and development of technology.

About Talentica Software (I) Pvt Ltd:

Talentica Software helps small and mid-sized technology companies take advantage of global talent to reduce time to market and R&D costs. Talentica's Build-Operate-Transfer service enables its customers to extend their R&D teams offshore and cut R&D costs by over 40% while continuing to innovate. Unlike other offshore consulting companies, Talentica is focused on core development for ISVs and Web 2.0 companies. All of Talentica's developers are experienced engineers from the top 15 engineering schools in India - ensuring that its clients get much higher productivity and better quality without a high communication overhead. Talentica works for some of the world's most innovative companies - ranging from startups to companies with established products.

press release

Monday, December 21, 2009

ElectroMech to set up advanced facility in Chennai

"We will set up a new facility in Chennai at an investment of Rs 10-crore in 2010. The proposed plant will initially manufacture around 200 units annually," ElectroMech Managing Director Tushar Mehendale told PTI
ElectroMech has recently completed the second phase of expansion in its Pune facility and has scaled up production capacity from 1,200 to 2,000 units annually.

To read more, please, visit Business Standard

Power generation unit, using solar thermal technology, to come up at Shive, a village in Khed taluka, 45 km from Pune

Union government and Thermax Ltd. Joint Venture

Unlike the conventional system of power generation, this plant will use solar energy to heat water and the steam will rotate the turbine to generate 250 kW power for the village.

The project will begin in the next 18 months, during which time Thermax will set up aluminium mirrors that will track the sunlight for higher heat generation. Of the three acres of land donated by the villagers, 80 per cent of it will be utilised to set up aluminium mirrors. Thermax will also set up a boiler, which will use bio-waste sourced from the village to produce electricity for a maximum two hours. It will work as a power back-up for the village. The total project will supply a minimum of 10 hours of electricity to the village, company officials said.

After commencement of the project, Thermax will maintain and run the project for five years. The government will bear the maintenance cost.

Of the total project cost of Rs 15 crore, the Union government will invest Rs 13 crore and the rest will be borne by Thermax.

If the experimental project succeeds, the village will be the first in the country to have its own electricity generation plant. What's more, the Shive model will likely be replicated across the country with public-private partnership.

To read more, please, visit The Times of India

Related Story:

Rs one lakh crore for renewable energy projects - Union minister of state for Science and Technology Prithviraj Chavan

Wednesday, November 25, 2009

JCB eyes 10-15% sales growth in 2010

Construction equipment manufacturer JCB India is eyeing a 10-15 per cent increase in its sales next year on the back of the global economic revival and a huge pipeline of big-ticket infrastructure projects being in the offing.

"The economy is reviving...Sectors such as real estate and power are picking up. We expect a 10-15 per cent jump in our sales in CY'2010," JCB India's Associate Vice-President (Marketing) Amit Gossain told PTI here today.

The company has a target of over 12,000 machine sales by December 31 this year, Gossain said, adding this may go up by another 130-180 machines in the next calender year.

JCB India, a fully-owned subsidiary of the UK-based JC Bamford Excavators, manufactures products such as tracked excavators, wheel loaders, backhoe loaders, vibratory compactors, telehandlers, skid steers and soil componators.

The company, which did not show a good performance in the last quarter due to the global downturn, is expecting to clock a healthy profit in the next quarter.

However, Gossain did not divulge the amount of profit the company expects to clock.

The company has three plants in India (one in Haryana and two in Pune). It has 48 dealers and over 320 outlets pan-India.

To read more, please, visit Business Standard

Saturday, November 14, 2009

C-DAC to launch ONAMA Cluster Solutions for academic and research institutions

Centre for Development of Advanced Computing (C-DAC) will be launching its Open Source based High Performance Computing (HPC) Cluster Solution with relevant domain specific applications called ONAMA to help promote promoting high-end research at the academic level.

It has been specially designed and packaged for premier academic and research institutions to proliferate HPC into the educational curriculum at the nascent stage, thereby promoting highend research at the academic level," Director General, C-DAC Rajan T Joseph told reporters.

This HPC cluster solution will be launched on Saturday, November 14 '09, at the one day Technology Symposium on `High Performance Computing in Academia and Beyond' for Engineering faculty organized by the Department of Computer Engineering and IT, College of Engineering, Pune and C-DAC. Read More

Friday, November 13, 2009

NVIDIA, International Graphic Processing Unit (GPU) leader, to enter rural Indian web-based education field

Sarva Shiksha Abhiyan:

International Graphic Processing Unit (GPU) leader NVIDIA is set to enter the Indian education field. It will contribute to the central government-backed Sarva Shiksha Abhiyan (SSA) through its high performance computing products, which would be used in web-enabled IT education tools in classrooms to enhance quality of learning.

"Enhancing web-based education is the key to growth of education. More so in rural areas. This is relevant because broadband network has already entered and 3G network is going to enter the Indian market. Multimedia is the most effective IT tool for teaching now, especially use of video on the Internet," Director - Pune Development Centre and Chief Mentor, NVIDIA, Commodore Anand Khandekar (retd) told Sakaal Times.

In these circumstances, the need is for telecom technology that would allow a broader width of the network to allow lot more multimedia content through Internet.

"Video of eminent teachers talking about their subjects could be one of the drivers of e-classroom concept. Since quality teachers can't go to rural areas, we can have quality teaching being imparted live on the Internet using attractive tools like multimedia. There was no device earlier to receive the content on the IT equipment. Now it is there," Commodore Khandekar said. Read More

Tuesday, November 10, 2009

You can hold conferences through K-Talk

Pune-based information technology company Great Software Laboratory (GS Lab) will launch an innovative mobile conferencing tool, called K-Talk, soon. The company has applied for an approval from the Telecom Regulatory Authority of India (Trai) to launch the service.

'It is an audio conferencing system which can be monitored and carried out with a mobile phone thereby making the process hassle free,' said Atul Narkhede, vice-president (engineering) at GS Lab."

To read more, please, visit DNA

Chief minister of Goa, Digambar Kamat, launches 'Gauri' software at the Margao sub-registrar's office

Gauri software will facilitate registration of property papers quickly so that citizens can obtain the documents within 30-40 minutes. Earlier, the same task took 15-20 days.

State registrar V G Salkar told TOI that the software has five modules -- civil registration of marriages, sub-registration of documents such as sale deeds, gift deeds or any transaction pertaining to immoveable property, notarial functions, registration of forms like partnership forms and registration of societies.

Gauri has been built to meet Goa's requirements of coping from old Portuguese records by Pune's CDAC.

The Times of India

Serum Institute Pune develops meningitis vaccine

Pune-based Serum Institute of India Ltd (SIIL) will soon bring out India's first indigenously developed meningitis vaccine. The vaccine, which has completed phase 1, 2 and 2/3 of testing in Africa and India, will be first introduced in Africa in 2010.

Serum Institute additional medical director Dr Prasad Kulkarni said, “A few years ago, we were contacted by Meningitis Vaccine Project, a partnership between World Health Organization and Path, an American NGO, to see if we would be willing to develop and mass manufacture a vaccine at an affordable price for Africa. We accepted the project.”

To read more, please, visit sakaaltimes

Global IT Networks India exceeds expectations

Global IT Networks has successfully completed its first quarter bagging major clients in India and exceeded in performance expectations
Global IT Networks Ltd, UK based company that has recently started their Indian operation exceeds the initial expectations and has generated sales revenue of Rs 2 Cr. Global IT Networks, (India Operation) attributes its success to taking calculated efforts in acquiring key accounts from major European countries like Netherlands, Germany and the US as well.

Global IT Networks started its operations in Pune (Oxford of East) in the May 2009 and has already crossed Rs 2 Cr in sales revenue. Pune today is fast emerging as an InfoTech hub, and making its presence felt to biggies like Bangalore and Mumbai to emerge as one of the top contenders for the 'Silicon Valley of India'. Pune is also home to well known IT giants like Wipro, Infosys, Satyam, Tata Technologies, TCS, Kanbay, Veritas, Cognizant, PCS and Tech Mahindra's British Telecom.

Global IT Networks founded in 2002 in UK with a mission of supplying quality hardware of Cisco, Juniper, and Nortel to IT and Telecom companies. As a part their global expansion, GIN has started its operation in India and Russia.

While explaining their strategic growth plan in depth, Indian operation Director Umesh Kulkarni proudly mentioned that team work is the key to our success. Other team members including Pravin, Sanket, and Vinayak helped a lot in generating leads and converting leads into clients. Next quarter apart from generating sales revenue, our major target is developing business processes for smooth and streamlined operations.

"I am amazed by the resourcefulness, integrity and dynamism shown by our Indian team," says Serge (Director -UK).

indiaprwire.com

Bajaj Auto and Nissan-Renault to announce the details of their ultra low-cost car

Bajaj Auto and Nissan-Renault have resolved their differences and are set to announce the details of the proposed joint venture for making the ultra low-cost car on Tuesday. Nissan Renault CEO Carlos Ghosn met Bajaj Auto MD Rajiv Bajaj Monday evening to settle issues relating to branding and the basic concept of the car that were delaying the project.

With Rajiv Bajaj being the only partner Mr Ghosn met in this current visit to India, it seems likely that the $2,500 car will be Nissan-Renault’s flagship project in India. The two partners have decided to go to market together with the ultra low-cost car.

The Economic Times

Bharat Forge to take part in bidding for NTPC tender

Bharat Forge, the world's largest automotive forging maker, today said the company in joint venture with Alstom will take part in the second round of bidding to supply power generation equipment to NTPC.

The Pune-based forging maker is hopeful of receiving orders worth at least Rs 3,500 crore.

To read more, please, visit mydigitalfc.com

Reichhold opens plant in Ranjangaon, Pune

The facility in Ranjangaon, Pune, is designed with a planned annual production capacity of 13,200 metric tons.

Initially, the plant will focus on manufacturing unsaturated polyester resins (UPR) for wind turbine, glass-reinforced pipe (GRP), engineering stone, chemical equipment, automobile and general purpose sectors.

“As the leading global player in composite resins, we want to be part of India’s growth by bringing international quality products to match local needs. With this plant in India, we will further strengthen our offerings to the global market.”, said John Gaither, Chairman, President and CEO, Reichhold Industries

Reichhold is an important supplier of unsaturated polyester resins for composites with 18 manufacturing sites in 11 countries, including two tolling sites.

Polimerica.eu

Monday, November 9, 2009

Now, management students can propose business plans, be part of Cognizant family

Board Room - Smart Business Plan Contest:

Management students across India and the Asia Pacific region now have a chance to propose new business avenues for Cognizant Technology Solutions and draw up a business plan on the company’s next move for growth, differentiation and leadership.

While the business plans are the intellectual property of the company, the winning teams have a choice to be part of the team that converts the plan to reality.

Termed ‘Board Room - Smart Business Plan Contest’, students can submit plans about new service offerings, new industry to be serviced, mergers or acquisitions, including leveraged buyouts, joint ventures, alliance or network-based business among others, said Satish Jeyaraman, director (human resources), Cognizant.
To read more, please, visit Indian Express

Sunday, November 8, 2009

Mahindra & Mahindra's Chakan plant to begin production by November end

As per report so far the company has invested Rs 2,500 crore to set up the plant.

M&M's new plant has a production capacity of 320000 vehicles in Phase I and has plans to increase capacity in future.

The new plant will be able to produce all of M&M vehicles and trucks. Initially, the plant will have four assembly lines and target domestic as well as international markets.

(Sourced from Project Today)

Wednesday, November 4, 2009

Volkswagen Polo Cup comes to India

A popular fixture on the German motorsports calendar, the Volkswagen Polo Cup is all set to come to India next year after Volkswagen India signed a letter of intent with JK Tyres to organize the event.

The German automobile-manufacturing giant's India unit will launch its Polo model in India as a prelude to the touring car-racing event scheduled next year.

Although the scheduling and drivers for the event are yet to be worked out, Volkswagen's Board of Management member Dr Jochem Heizmann said the cars to be used would be manufactured in India by Volkswagen's Pune factory.

To read more, please, visit TradingMarkets

Hyundai Construction Equipments to focus on Uttar Pradesh, India

“Keeping in view the potential of the Indian market, we have already set up a plant in Pune to manufacture excavators. We are also importing loaders, rock breakers, clamshell buckets and other equipment and selling them in India,” said J.S. Kim, managing director of Hyundai Construction Equipments India, a wholly owned subsidiary of Hyundai Heavy Industries.

He added that company would make direct investments in Uttar Pradesh and later expand its operations across the country.

To read more, please, visit ThaIndian

Cummins India sees exports rising in 2010

The Pune-based engine maker, Cummins exports its products mostly to the developed economies such as the U.S. and Europe which have been hit by the global slowdown.

The company, which makes diesel and gas engines of various sizes to cater to the power, industrial and automotive market, however sees domestic demand on the uptick.

To read more, please, visit Reuters

Saturday, October 31, 2009

KPIT Cummins $38M Merger Deal With US-based Sparta

KPIT Cummins Infosystems Ltd, a Pune-based IT consulting firm, has entered into a merger agreement with Sparta Consulting for $38 million (Rs 180 crore) in an all cash deal. Sparta is a US-based firm providing high-end SAP solutions for enterprises, and has a strong presence in North America.

Kishor Patil, MD & CEO, KPIT Cummins, said, with the rapidly scaling up of ERP consulting business, the company sees large market opportunity in the space. “Sparta team has created a SAP services business, which has grown nearly 300% year-on-year, apart from creating another enterprise business worth $250 million. We look forward to work jointly to help customers achieve their post-downturn growth objectives,” said Patil. 

To read more, please, visit VCCircle

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Friday, October 30, 2009

Employer responsible for safety of staff - a seminar on Security for IT and IT enabled sectors' staff

"A sound company policy with regard to security,
fully equipped control room on the premises of the company, and
verification of security personnel provided by agencies
are a must to implement long-term security measures for IT sector employees,"
Deputy Commissioner of Police Jalinder Supekar (Zone IV)
Security starts from the self. Follow basics. Ask the cab drivers hired by the company to show their badge or ID-card, do not take a detour from the regular route, or ask for lift from unknown people.

A major area of concern that emerged from the investigations was that the victims who had been attacked were found to have been speaking continuously on their mobile phones and were, therefore, not alert to what was happening around them.

I would suggest not keeping female employees in the office after 5 pm. Instead, they ought to be given laptops and other equipment that would help them to work from home. Or they must be provided with a drop-service that includes a security personnel..

The companies ought to verify their antecedents. "Don't blindly follow what the agencies are saying. Many a time one finds that the personnel who have been provided are not properly trained/educated, and security guards don't know their role. They should have proper uniforms and badges.

The companies could also consider asking the police to help improve and implement the security system. Keep in touch, continuously, verify doubts -- only when you have doubts is there a chance of improvement,

A fully equipped control room and proper database with records of drivers, their phone numbers as well as employees' numbers should be maintained.

A cab with GPI system would be easy to track.

Ensure that systems are in place and that those systems work.

Going through the agreements between companies and employees, Supekar said, he had noticed that the security angle had not been properly covered.
The Times of India

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Thursday, October 29, 2009

Premier Ltd to manufacture compact SUV - RiO at its Pune plant

Click the photo to enlarge:



Premier Ltd. (formerly known as Premier Automobiles Ltd.) has re-entered the Indian passenger vehicle market with a compact SUV named RiO. Premier will assemble the RiO at its Pune plant.

The production has already commenced and the first cars are expected to hit selected dealer showrooms in the first week of November. Premier will commence deliveries in December 2009.
To read more, please, visit MACHINIST

Premier Rio launched, prices start at Rs 5.25 lakh

Premier Automobiles is once again trying its luck in the Indian automotive segment. And this time, instead of a 1960s Italian saloon, it’s peddling a Chinese SUV (albeit one of Japanese origin) that’s about a decade old already. This SUV – called the Premier Rio – is priced at Rs 5.25-5.95 lakh, so for those want an ‘SUV’ for family hatchback money just might be interested. Read More

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Pune’s Venture center to launch seed fund

It targets sub-Rs 15 lakh category start-ups in chemical, material and biological sciences space.

Venture Center, a Pune-based technology business incubator, has submitted a proposal to the Technology Development Board (TDB) to launch a mini-sized seed fund of around Rs 1 crore.
To read more, please, visit Reuters

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Thursday, October 1, 2009

Pudumjee chooses Italian Manufacturer Toscotec for rebuilding the tissue machine

Pudumjee, the largest tissue producer in India:

Pudumjee Industries Ltd. has decided to install a new Toscotec Steel Yankee Dryer TT SYD 12FT, in place of the existing cast iron one, to increase production and to reduce energy consumption. Scope of supply includes also steam & condensate system upgrading, new mechanical drives and fourdrinier modification.

Mr. Ved Leekha, Executive Director of Pudumjee Mills, said that the company strategy for the future expansion is focused on quality products with low emission and energy savings.

Pudumjee (part of M.P. Jatia Group), pioneer in the manufacture of specialty papers in India, is active in manufacturing tissues, real estate development ( Greens, 2 & 3 BHK Luxury Apartments @ Wakad Annexe, Pune, India ) and other trading.


To read more, please, visit Toscotec rebuilds tissue machine in Pune, India - Lesprom Network

Wednesday, July 22, 2009

What role does India play in IBM's plans of growth?

Dr. Guruduth Banavar, Director - IBM India Research Lab (IRL) shares his views:



IBM entered the Indian and the South Asian region market almost two decades ago, fully aware of the growth potential of the business area. Today, the south Asian markets are one of the most important growth markets for IBM globally.

Technology innovation plays an increasingly important role in steering companies to their business objectives and goals, and the success of an organization depends largely on the seamless integration of technology into its larger business plan. Dr. Guruduth Banavar, Director - IBM India Research Lab (IRL) plays a critical role in creating a cohesive, uniform technology roadmap for the organization with a view of near-term and long-term business objectives. Dr. Banavar speaks to Kanika Goswami, sharing his roadmap on how he drives an integrated approach to technology innovation.

Q 4.What role does India play in IBM's plans of growth?

India is what we call the growth market unit in IBM; it plays, a very significant role within IBM. The kind of growth we expect to see for the future IBM business model is to be supported significantly by India.

It is already a huge cog in the wheel of IBM. A couple of yeas ago, when our CEO came to India, he announced a 6 billion dollars investment in India for the next few years. This resulted in India becoming the second largest region in IBM, after the US. In terms of just the number of capabilities we have in this region, India is already a very critical part. In terms of innovation also India played a very critical role in a number of ways.

Firstly, India has the markets that you don't see in most parts of the world. For instance, right now India is the largest growing telecom market, and IBM sees this as a huge opportunity. IBM uses the knowledge gained in this market as the model for other places, especially for innovative business models and innovative technologies.

On the other hand, we also provide a lot of services to customers around the world through global delivery. In there too, the new kinds of services and the new ways of delivering them in India are in many ways unprecedented, because of the scale at which we do it. Sitting in Bangalore we may be managing the datacenters of the customer, we maintain it with a quality of services, in some cases we even increase the quality of services because we have the kind of visibility required for this process.

So, those are the innovations and capabilities that we have in India that have played a huge role in IBM becoming the international force.
To read more, please, visit - The India Mark in IBM | Business - InfoWorld

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Tuesday, July 21, 2009

Anand Mahindra on Tech Mahindra and Satyam

Verbatim transcript of the exclusive interview with Anand Mahindra on CNBC-TV18:

Q: Nobody suspected that it would lead to Satyam and all those things?

A: No, because it was working more as a sweatshop for British Telecom.

Q: Weren’t British Telecom partners?

A: They still are. I give them credit. It was an act of foresight on their part to recognise that they could come and see India as an offshore destination. Mind you that is before the whole IT miracle took place here.

Q: Way before Bangalore became a household name?

A: Yes.

Q: We ended by talking about Tech Mahindra and British Telecom, what actually happened out of that?

A: It was like there was intent to come and look at telephony and at that time the government was far from allowing anyone into telephony and then the chairman of that time Sir Valance, had this brilliant idea that India could be a source of very low cost and value for money software skills.

Q: When was this?

A: This was back in 1985-86, so this was one of the first ventures in this but you have to understand that it didn't start from a garage or from an entrepreneurial notion but it started from one large company looking at adding value to its services, still an act of foresight which is why the British Telecom actually remains today the largest off-shore company in India since they stared early.

So it was like a joint venture, it went along, was based in Pune and then kept supplying BT with what it needed but missed the boat completely and clearly by the time I became the Chairman in 1997.

Although it was cruising along very profitably, we were filled with a thinking that we had missed this boat and that’s when we really revamped it, brought in a completely new board and said can we catch up.

Q: And you have done okay haven’t you?

A: I think we have done okay and there has been tremendous amount of support from British Telecom in the first phase and then we have this dynamic board that we have which is very international.

We said, now we are a billion dollars, and now what’s the next orbit and are you going to be able to grow at this rate in the same vertical where we have established our dominance or is it time to become a more diversified player.

At that point if you choose to turn the latter trying to do it organically, it takes a lot more time. To get to critical mess and its reached a level of maturity in this industry. So you don’t have opportunities to grow as organically as fast as you did, hence the attractiveness of Satyam for us.

Q: Was it something you thought about for a long time when you read in the paper one day that Raju had confessed, did you say, hey I want that company?

A: Let me make a confession, we had actually thought about it a year earlier.

To be very honest that it happened where there were some reports about it of him being pursued by IBM and being played upon by IBM. That point I had a word with him.

In fact, essentially as Vineet Nayar said, this is a marriage made in heaven. At that time he was twice our size but I still saw a real fit because of the complement he added to the verticals.

I was always puzzled as to why he never came back to me. It looked so interesting for him. But now I know why.

Q: What happened then?

A: I reached out again when the Maytas issue surfaced. And again got no answer. I reached out through various intermediaries. And then the infamous confession took place. That was a process. The government in a very unique manner was transparent. As you know, transparency suits us fine. It always creates an advantage for us.
To read more, please, visit - Anand Mahindra: The auto maker who dreams of making films

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Thursday, July 9, 2009

Union Budget 2009 - 10: The extension of the sunset clause on STPI by a year is welcome

R Chandrasekaran, President and Managing Director, Global Delivery, Cognizant:

"The extension of the sunset clause on STPI by a year is welcome. While this will benefit the entire industry, it will specifically benefit the small and medium sized companies in the industry that needed this critical impetus for growth. This is also important in this turbulent global economic environment, in the context of emerging locations such as China, Philippines or Vietnam continuing to offer attractive tax incentives”."

Vikas Khanvelkar, MD DesignTech Systems Ltd.:

"The long-term extension of tax exemptions under The Software Technology Parks of India (STPI) scheme has not happened. This is not a good news; especially for Small and Medium IT services exporters who cannot afford to avail SEZ Benefits."

To read more, please, visit - Budget is a ‘mixed bag’, says industry

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Wednesday, July 8, 2009

Essar Steel close to acquiring major stake in Shree Precoated Steels at Ranjangaon near Pune


Essar Steel, part of the Ruia-controlled diversified conglomerate, is close to acquiring a majority stake in Shree Precoated Steels of the Ajmera Group, in a move that will consolidate its presence in the value-added steel market and make it one of the largest players in the cold-rolled segment.

The acquisition would give Essar Steel control over Shree Precoated Steels’ manufacturing unit and over 200 acres of land at Ranjangaon near Pune.

Ranjangaon is considered to be an auto manufacturing hub and is home to a large number of auto majors.

The deal size is estimated at around Rs 700-800 crore.

Colour coated steel and galvanised steel, which are made at Shree Precoated Steels, are used by auto companies.

Shree Precoated Steels is an unlisted company of the Ajmera group and has the capacity to make about 600,000 tonne of cold rolled steel — a major input for cars and consumer goods — and about 450,000 tonne of galvanised steel and about 350,000 tonne of colour-coated steel.
To read more, please, visit - The Economic Times

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