Posted on 2009 under Communications, News |
31
Jul
“Government & Industry as common stakeholders should make India the No 1 country in services export”
“Services Sector – The face of ‘Brand India”, said Jyotiraditya Scindia
‘Services Sector has given face to ‘Brand India’ that resiliently launched India on the growth trajectory’ said Mr Jyotiraditya Scindia, Minister of State for Commerce & Industry at the valedictory session of Confederation of Indian Industry (CII) National Conference on “Services Export”, held here today. He added that Government & Industry as common stakeholders should make India the No 1 country in services export.
He added that the bouquet of services needed to be re-engineered, widened, made more comprehensive and deep to invoke large share of the global services market, which is currently 106 billion dollars. He also advocated the need to asses the demand potential of each service vertical and the matching skills requirement for creating and enhancing the employability of manpower.
Mr Scindia said that Indian IT sector has done well in tough times not only with cost arbitrage and talent pool but also by building a globalised value chain. Similarly, automotive, hi-tech and engineering sectors are constantly moving up the value chain, which will pay rich dividends and help recuperate from the recession.
Mr Scindia informed that 2.5 billion tourists came to India last year and as the ratio of direct to indirect employment in tourism sector is as high as 1:8. Therefore, we must explore all opportunities to grow tourism including medical tourism.
Mr Vinayak Chatterjee, Chairman, CII Infrastructure Council and Chairman, Feedback Ventures Pvt Ltd in his welcome remarks said that challenges that may come up in the internationalizing of India’s service sector include non-tariff barriers, visa issues, educational qualifications and accordingly requested Government to ensure that these are not imposed as that will become barrier for services exports. He suggested that Government may use aggressive economic diplomacy by increasing the basket of services that needs to be broadened, provide confidence to domestic market players to bid for foreign ventures and more importantly remove the non-tariff and other hidden barriers.
Mr Malvinder Singh, Group Chairman, Fortis Healthcare and Religare Enterprises highlighted the huge untapped potential of India’s services sector including healthcare that itself is broad based touching paramedical, medical tourism, medicine education, telemedicine, KPO, tele-radiology, pathology, nursing etc.
Mr P Rajendran, COO, NIIT Ltd said that while leveraging the base of the pyramid of IT service, we need to look to broaden the tip of the pyramid by creating conducive environment for Intellectual property (IP) creation. He commented that BPO is no more only an IT services but has proliferated into all other verticals enhancing their own value and reach. He also said that Business Process Outsourcing has opened up the meaning of globalization and now other services are also being served from India.
While thanking Mr Jyotiraditya Scindia, Minister of State for Commerce & Industry, the Director General of Confederation of Indian Industry (CII), Mr Chandrajit Banerjee complimented Hon’ble Minister for transforming and providing right ‘branding’ to the Indian postal services and requested him to continue providing similar leadership, partnership and guidance for services exports growth. He also maintained that the Industry requested Government to provide the market focus approach to services sector in the upcoming Foreign Trade Policy, as has been provided to the merchandising sectors for many years.
31st July 2009
New Delhi
Neelam Joshi
Media Desk
Confederation of Indian Industry
23, Institutional Area
Lodi Road
New Delhi – 110 003
Mobile: 9810882431
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Posted on 2009 under Communications, News |
31
Jul
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Posted on 2009 under Communications, News |
31
Jul
Omaxe Ltd.
For Immediate Release
Q1 of FY 09 -10 Consolidated Net Revenues of Rs.118.91 Crores & PAT of Rs. 14.96 Crores
New Delhi, 31st July, 2009:
Omaxe Limited, a premier real estate development company in India today reported consolidated net sales of Rs. 118.91 Crores for the quarter ended June 30th 2009 as compared to Rs. 350.33 Crores in corresponding quarter of last fiscal. Consolidated Net Profit for the quarter stood at Rs.14.96 Crores, as compared to Rs. 56.67 Crores posted in the same quarter of last fiscal. Earnings per share (EPS) stood at Rs. 0.86 as compared to Rs. 3.26 to the corresponding quarter.
Major Developments:
· Launched ‘Omaxe New Heights’ an affordable housing project in Faridabad starting from Rs. 16.18 lakh to Rs. 25.23 lakh. The project consists of 2BHK, 2BHK + study & 3BHK + study in an area ranging from 850 sq.ft. to 1100 sq.ft. and 1350 sq.ft. respectively. The project is expected to complete within 30 months from the commencement of construction.
· Omaxe’s subsidiary ‘Pancham Realcon Pvt. Ltd.’, under a Memorandum of Understanding with Allahabad Development Authority, is developing a Hi-Tech Township in Allahabad, Uttar Pradesh on a proposed area of 1535.12 acres with an estimated cost of Rs. 1800 crore. The project is expected to be completed in phases over 5 to 7 years .
For More Information Please Contact:
|
Ruchi Goel
Omaxe House
Mobile: + 91 97118 00021, + 91 99103 97065
Email: ruchi.goel@omaxe.com
|
Abhinav Srivastava
Adfactors PR
Tel: +91-22-22813565
abhinav.srivastava@adfactorspr.com
|
Posted on 2009 under Communications, News |
31
Jul
Dear Sir, Please find below release on Homeopathy helps to reduce male pattern baldness for your perusal.
Homeopathy helps to reduce Male Pattern Baldness
Mumbai, 31st July 2009: Male pattern baldness or androgenic alopecia is a common form of hair loss in men. Hair is lost in a well-defined pattern, beginning above both temples. Over a period of time, the hairline recedes to form a characteristic "M" shape. Hair also thins at the crown of the head. Often, a rim of hair around the sides and rear of the head is left, or sometimes the condition may progress to complete baldness. Male pattern baldness is caused by the genetic sensitivity of hair follicles to DHT (Dihydrotestosterone), which causes them to shrink when exposed to it. This shortens their lifespan and prevents them from producing hair normally. Almost 95% men lose their hair because of this.
Mr. Sunil (name changed), a 34-year-old marketing executive, was suffering from hair fall since the last 1-2 years. He had almost lost 25% of his hair with balding patches at the sides and the vertex. Balding was affecting his confidence as well as his work performance. With unemployment increasing due to recession, he was apprehensive about losing his job, in which appearance and personality mattered a lot, and this added to his depression and low self esteem. He was referred to Dr. Batra’s® by one of his relatives. After a detailed case history and examination, the doctor diagnosed this condition as male pattern baldness. His lifestyle was quite hectic and he also skipped meals often. Smoking and drinking alcohol were part of his daily routine. He had been smoking as many as seven cigarettes a day for the last 2-3 years. He also informed the doctor that his father and uncles were in a similar state by the age of 40 years.
Based on his symptoms and personality, the doctor prescribed his constitutional remedy Lycopodium 200C along with a Soya rich diet. He was asked to modify his lifestyle and quit smoking if possible. Regular follow-ups saw a marked reduction in his hair fall and maintenance of his condition.
Homeopathy is the safest mode of treatment as it reduces hair fall and retards the progress of the condition without any side-effects. Research has shown that the homeopathic remedies that are useful in treating male pattern baldness naturally inhibit the action of DHT or reduce its conversion from testosterone so as to control hair loss.
Posted on 2009 under Communications, News |
31
Jul
Enclosed is the Press Release on Simplex Infra reports PAT Rs. 28cr & sales Rs. 1127 cr, for your reference. Also, attached is the Results Sheet.
Warm regards,
Pawandeep
9990098828
Press Release
Simplex Infra reports PAT Rs. 28cr & sales Rs. 1127 cr
New Delhi, July 31, 2009 – Simplex Infrastructures Limited has reported consolidated sales of Rs. 1127cr for the 1st quarter of FY10 registering a YoY growth of 11% over Rs. 1018cr for the same quarter last year. EBITDA at Rs. 118cr is marginally higher over Rs. 113cr last year. After providing higher interest and depreciation of Rs. 35cr (Rs. 27cr) and Rs. 38cr (Rs. 25cr) respectively, the PBT is Rs. 44cr. The tax has accounted for Rs. 16 cr leaving a PAT of Rs. 28cr.
The order intake during the quarter is Rs. 1076cr and the order backlog as on June 30 is Rs. 10012cr. Subsequently during July ’09 the Company has received more orders and L1 positions aggregating Rs. 1868cr.
About Simplex Infrastructures Ltd (BSE SCRIP ID: SIMPLEXIN, NSE SCRIP ID: SIMPLEXINF, Bloomberg; SINF IN, Reuters: SMCP.BO): Incorporated in 1924, Simplex Infrastructures Limited is the largest pure play civil construction & engineering contractors in India, with more than eight decades of successful operations and completion of over 2200 projects in India and abroad. Simplex Infrastructures has presence across various construction verticals, which include piling, industrial plants, power plants – thermal; nuclear; hydel; urban infrastructures & utilities, buildings and housing, marine, roads; railways; bridges & elevated corridors.
