Monthly archives: November, 2014

Q GROUP SIGNS AGREEMENT WITH DRYDOCKS WORLD

TO DELIVER GREAT BRITAIN ISLAND ON THE WORLD Maritime expertise will speed development of five-star resort and residential destination    Dubai, UAE, 5 November, 2014: Q Group today signed an agreement with Drydocks World, the international service provider to the shipping, maritime, offshore, oil, gas and energy sectors, to provide a complete range of offshore marine …

AXEL EGGERT new Director General of EUROFER

Axel Eggert is nominated Director General of EUROFER on November 1, 2014. From 2007 to September 2014 Eggert was EUROFER’s Director for Public Affairs and Communication and since 1st of October he is acting Director General. Axel Eggert joined EUROFERin November 2007 as a Director for Public Affairs and Communication. On 1 November 2014 he …

INFOSYS FINACLE SETS NEW GLOBAL BENCHMARK FOR PROCESSING INTER-BANK PAYMENTS RUNNING ON ORACLE SPARC T5 SERVERS

Processes nearly five times known volumes processed by entire US banking system   Bangalore,  November 5, 2014 – Infosys, a leader in consulting, technology, outsourcing and next generation services, today announced that the Finacle Payments solution(1), an enterprise payment services hub, running on Oracle SPARC T5 servers with Oracle Solaris 11.2(1) has set a new global benchmark for …

India Stands to Lose More than $4.58 Trillion to Non-Communicable Diseases

New report from the World Economic Forum and Harvard School of Public Health finds that India stands to lose $4.58 trillion to non-communicable diseases, an amount more than double India’s annual GDP Five key interventions reduce incidence of the diseases, and potentially provide a 15% return on investment Key decision-makers from government, civil society and academia meet …

Gartner positions L&T Infotech as a ‘Challenger’ in Magic Quadrant for Oracle Application Management Service Providers, Worldwide Report

Mumbai (India), November 05, 2014: L&T Infotech, a global provider of information technology services and solutions and a wholly-owned subsidiary of the USD 14.3 billion Larsen & Toubro (L&T), today announced that Gartner, Inc. has positioned L&T Infotech as a ‘Challenger’ in its ‘Magic Quadrant for Oracle Application Management Service Providers, Worldwide’ report, dated October …

World Economic Forum Recognizes 17 Indian Companies as Global Growth Companies

Seventeen fastest-growing Indian companies have been invited to join the World Economic Forum Global Growth Companies community Companies are nominated on the strength of their ability to become future global leaders and represent a broad spectrum of sectors, including banking, retail, information technology, chemicals and energy The Global Growth Companies community comprises over 370 companies around the …

Jyothy Labs Net Profit up 89.9% at Rs 25.14 crore

Q2FY15v/s Q2FY14 o   Net Sales at Rs 367.67 crore v/s Rs 316.53 crore, up 16.2% o   Net Profit at Rs 25.14 crore v/s Rs 13.24 crore, up 89.9% o   Operating EBIDTA margin at 10.7% v/s 12.1% o   EPS at Rs 1.39 v/s Rs 0.80   H1FY15 v/s  H1FY14 o   Net Sales at Rs 752.81 crore …

Kanto Steel Ltd., Japan accepts confirmed savings to steelmaking process using Tenova Goodfellow’s EFSOP® Holistic Optimization System.

Mississauga, 16 October 2014:  Kanto Steel Ltd. has signed off on performance savings for the supply and purchase of one (1) EFSOP® Holistic Optimization System that was commissioned in the spring 2014. The EFSOP® system was installed at the EAF#1 “Top Charged” 90t Furnace at the Kanto steel plant located at Tsuchiura-city, Ibaraki, Japan.   …

Arun Jaitley: Reforms Must Serve India’s Needs

New government is committed to reforms across a range of sectors including labour laws, land acquisition and foreign investment says Minister Jaitley On foreign investment, decisions will be made sector-wise, keeping in mind the requirements of Indian economy and the appetite of the political system for reform The World Economic Forum and Confederation of Indian …