“ABB FIA Formula E Championship” brings pioneering technology leader ABB as title sponsor to the world’s first fully electric international FIA motorsport series

ABB and Formula E are teaming up in a ground-breaking partnership to champion e-mobility for a sustainable future. Since its first race in Beijing in September 2014, Formula E has established itself as the number one all-electric international motor sport. In the next level of development, global pioneering technology leader ABB is bringing its name and innovation and technology leadership to the series, which will be now known as the “ABB FIA Formula E Championship.”

With its unrivalled expertise in electrification and leadership in electric vehicle charging solutions, with the largest installed base of fast-charging stations for electric vehicles worldwide, ABB is the ideal industry partner for Formula E. Formula E serves as a competitive platform to develop and test e-mobility-relevant electrification and digitalization technologies, helping refine the design and functionality of electric vehicles and infrastructure as well as the associated digital platforms. By joining forces, ABB and Formula E will be ideally positioned to push the boundaries of e-mobility.

“We are extremely excited to partner with Formula E in writing the future of e-mobility,” said ABB CEO Ulrich Spiesshofer. “Today, two pioneers are uniting. ABB and Formula E are a natural fit at the forefront of the latest electrification and digital technologies. Together, we will write the next phase of the development of this exciting racing partnership and foster high-performance teams. Together, we will write the future – one electrifying race at a time.”

Alejandro Agag, founder and CEO of Formula E, said: “This is a historic day for Formula E and I’m honored to welcome ABB as the title and technology partner of the series, with its background and expertise in the field of electrification and digital technologies. Our two companies are synonymous with pushing the boundaries of what is possible. Together, as partners, we will showcase breakthrough technology on a global scale to fans and consumers who follow the ABB FIA Formula E Championship.”

As the world leader in electric vehicle infrastructure, ABB offers the full range of charging solutions for electric cars, electric and hybrid buses as well as electrification solutions for ships and railways. ABB entered the EV-charging market back in 2010, and today has a fast growing global installed base of more than 6,000 fast chargers.

About the ABB FIA Formula E Championship

The ABB FIA Formula E Championship is the FIA electric street racing series and the world’s first fully-electric international single-seater category in motorsport. Formula E brings electrifying wheel-to-wheel action to the world’s leading cities, racing against the backdrop of iconic skylines such as New York, Hong Kong, Paris and Zurich.

The fourth edition of the ABB FIA Formula E Championship will see 10 teams and 20 drivers compete in 11 cities spanning five continents in the fight to be crowned ABB Formula E champion. The next race takes place in Marrakesh on January 13, with the 2018 championship coming to a close in July.

Follow Formula E: 

www.FIAFormulaE.com
Facebook: www.facebook.com/FIAFormulaE
Instagram: www.instagram.com/FIAFormulaE
Twitter: www.twitter.com/FIAFormulaE (@FIAFormulaE)
YouTube: www.youtube.com/user/FIAFormulaE

ABB (ABBN: SIX Swiss Ex) is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally. Continuing a history of innovation spanning more than 125 years, ABB today is writing the future of industrial digitalization and driving the Energy and Fourth Industrial Revolutions. As title and technology partner of Formula E, the fully electric international FIA motorsport class, ABB is pushing the boundaries of e-mobility to contribute to a sustainable future. ABB operates in more than 100 countries with about 136,000 employees. www.abb.com

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• Entries invited for #Bluenyellow- a photo contest on #Instagram
• Contest open till 16 October 2015 

New Delhi, Tuesday, 29 September: The Embassy of Sweden announces #Bluenyellow, a photo contest on Instagram which invites entries of photographs of anything in shades of blue and yellow, Sweden’s flag colours. The contest which is a part of the Sweden India Nobel Memorial Week 2015 is open for public and the last date for submission of entries is October 16, 2015.

“This contest is a fun and effective way to create awareness – in this case about Sweden’s brand colours – and engaging with people to consciously take note of blue and yellow in their environment,” said Mr Daniel Wolvén, Minister Counsellor & Deputy Head of Mission. “If by the end of this contest, people are notice things in blue and yellow and thinking of Sweden, we are more than happy.”

Participation to this contest is very simple:

• Capture a photo of yourself, your friends and family, flowers, landscapes etc that has blue and yellow.
• Use any type of camera – a smart phone or a professional camera.
• Follow the @SwedenIndia Instagram handle, and upload the picture.
• Hashtag #bluenyellow.
• Invite your friends to vote for your picture. ’Voting’ will be through likes. The picture with the highest number of likes will be shortlisted.
• Weekly prizes.
• Final winner chosen by a jury
• Win exciting prizes!

Please note that the contest is open only for Indian Nationals.

About The Sweden India Nobel Memorial Week 2015:

The Sweden India Nobel Memorial Week is a high-profile, multi-city, multi-activity annual event organized by the Embassy of Sweden in India in cooperation with partner companies. The week is instituted in memory of Swedish innovator, entrepreneur & philanthropist Alfred Nobel and celebrates the Indian Nobel Laureates as well.

The theme for the ninth edition of The Sweden-India Nobel Memorial Week is Sweden makes in India and will take place across Indore, Pune, Mumbai, Bangalore, Hyderabad, Chennai, Kolkata, Guwahati, Ahmedabad and New Delhi between August 12t to October 16, 2015.

Partnering companies for this year’s Nobel Week are:

ABB, Air France/KLM, Atlas Copco, Camfill, Ericsson, IKEA, Munters, Oriflame, SAAB, Sandvik, Scania, SEB, Tetrapak, Volvo Cars, and Volvo India.

www.sinmw.com

The post See #BLUE & #YELLOW, think #SWEDEN appeared first on Core Sector Communique.

-Will take place across Ten Indian Cities this year –

-National champions win a trip to Sweden –

September 2, 2014.Kolkata: The Sweden India Nobel Memorial Quiz, the annual intercollegiate quiz competition commences its 10-city course across India from Kolkata on September 5, 2014 at the Presidency College at 10:00 am. The competition, which is a part of The Sweden India Nobel Memorial Week organised by the Embassy of Sweden along with Swedish industry in India, increases its footprint further this year and takes place in Ahmadabad, Bangalore, Chennai, Guwahati, Hyderabad, Indore, Kolkata, Mumbai and Pune over the month of September to culminate in the national finals in New Delhi.

The National champions will win an all-expense paid trip to Sweden, where they will get to visit headquarters of global Swedish companies, Swedish Universities and the Nobel Museum among other things.

In an endeavour to make the Quiz bigger and better and to build up the excitement in advance a few new elements have been introduced:

• Official Quiz Trailers, through Question of the Day on www.facebook.com/swedeninindia.
• Weekly Quizzes and Downloadable Quizzes on www.justquizz.com, which can be used as practice sessions, since there will be questions from here in the Preliminary Rounds at the venues. Participants stand a chance to win prizes and feature on a Leader board that would facilitate self-assessment.
• The rules of the quiz have been amended this time around to ensure greater democratisation of the process. Students will be allowed to participate only in their own city. Only if prelims are not happening in the home city, will a team be allowed to participate in the nearest Venue City. A team will be allowed to participate in a Live Round (prelim) only ONCE. This ensures a level playing field and will also ensure that the team that wins in a certain city actually represents that city!

Interestingly, last year’s National Champions – Somosish Ghoah, Ajaya Biswanathan, Saswata Panigrahi who won a trip to Sweden were from from IIT Kharagpur.

This year the quiz will be conducted for the first time by Kunal Savarkar, a mastermind semi-finalist and Content Editor for Kaun Banega Crorepati. The Quiz is one of the activities of the Sweden India Nobel Memorial Week which targets students. Other activities include lectures, seminars and round tables, exhibitions and cultural performances. The Embassy of Sweden in India, along with prominent Swedish businesses is organise the Week each year, to further enhance the positive image of Sweden in India by commemorating the spirit of the Swedish innovator, entrepreneur & philanthropist Alfred Nobel through knowledge, innovation, creativity, Swedish contributions to the development of the world and the strengthening of relations between the two countries.

Partnering Swedish companies for this year’s Sweden India Nobel Memorial Week are ABB, Atlas Copco, Ericsson, IKEA, SAAB, Sandvik, Scania, SEB, SKF, Tetrapak, Volvo Cars, Volvo India and the Consulate General of Sweden in Mumbai.

The post Sweden India Nobel Memorial Quiz 2014 kicks off from Kolkata appeared first on Core Sector Communique.

Offshore Energy  Exhibition and Conference 2014 will be held on 28 & 29 October 2014 at the Amsterdam RAI, the Netherlands. 2014 brings the 7^th edition of Offshore Energy.

Offshore Energy is the fastest growing gathering of offshore industry professionals. Founded in 2008 with 70 exhibitors and 1,765 visitors, Offshore Energy has been breaking records year after year. The 6^th edition of Offshore Energy on 15 & 16 October 2013 brings together some 500 exhibitors and over 8,500 visitors representing 50 nationalities.

The organization expects that the event will continue on its path of steady growth. Offshore Energy 2014 will host between 500 and 600 exhibitors and is expected to attract over 10,000 professionals from all over the world. Both the exhibition and the extensive conference program of Offshore Energy 2014 will address the technical, operational and commercial challenges associated with industry growth.

The 2014 technical program will once again feature an international faculty of speakers covering a broad palette of topics. Meetings range from high caliber panels and technical sessions to annual meetings of industry organizations and masterclasses, catering to professionals from board level to operational level and young talents.

Companies and organizations who want to exhibit at or sponsor thistop quality event in 2014 are encouraged to visit the 2013 edition on 15 &16 October 2013 in halls 9,10 and 11 of the Amsterdam RAI. Visiting the exhibition is free of charge, conference delegates pay a small delegate fee. Registration via http://registration.offshore-energy.biz/

The 2013 Offshore Energy Conference features contributions from Shell, Siemens AG, CB&I, EBN, Oranje Nassau Energie, Van Dyke Energy, Bluewater Energy Services, Fugro, Wood Mackenzie, ABB, Mojo Maritime Ltd. , SCHOTTEL, Rabobank International , Wärtsilä, Green Giraffe Energy Bankers, ABN AMRO, Deloitte, Tulip Oil, McKinsey & Company, GIEK Norway, Indofin, Atradius, Iv-Groep,GDF SUEZ E&P Nederland BV, Damen and many more. Dylan Group is Gold Sponsor of Offshore Energy 2013.

The post Announcing Offshore Energy 2014 appeared first on Core Sector Communique.

The markets started off flat but crashed into the red on bouts of selling. The Nifty has fallen for five days on a trot. Its fall below 5,500 levels is worrisome as these levels were last seen in September 2012.

Dealers attribute today’s market sell-off to selling by London-based exchange traded funds. Fears of poor Q4 earnings is another reason cited for their exit.

Amar Ambani, Head of Research, IIFL, attributed the near 100 points fall from Nifty’s intra-day high to selling by foreign institutional investors. “Index stocks witnessed sharp cuts as FIIs continue to pull out money from India-dedicated funds. Global fund managers have been pulling out funds from emerging market equities and deploying the same in US and Japanese markets,” he stated.

The Sensex closed down 211 points at 18,226 while the Nifty ended down 48 points at 5,495. The BSE Small-Cap index and BSE Mid-Cap index closed flat down 0.8% and 0.1% respectively.

 The markets are now focussing on Wednesday’s Federal Reserve policy minutes to look for cues on its intent going forward. India Infoline feels the probability of a cut-back in monetary stimulus has faded, especially after disappointing March non-farm payroll data.

Global round-up: Asian markets ended flat in trade today. European markets are trading flat with a positive bias.

 F&O buzz: Fresh shorting was seen in Nifty futures today with open interest rising about 10%. Put unwinding is seen in the 5500 strike which shed 1.5% open interest. Among sectors, fresh shorts were seen in banking, infrastructure and oil and gas

A technical perspective:

The advance-decline ratio favoured the bulls today with 1,127 stocks advancing for every 567 declines. Around 767 stocks remained unchanged.

Volatility as measured by India VIX surged 0.29% to close at 16.82. It hit a day’s high of 17.26 and day’s low of 15.82.

Stock in news:

 TVS Motor Company was the major loser in trade today. It ended down 11.5% at Rs 35.15. Reports suggest the company’s market share slipped over 2.5% to 15.46% since FY08. News that Honda Motorcycle and Scooters India has dislodged TVS from its number three position weighed on sentiment.

Wipro shed around 12% after the company demerged its non-IT businesses like consumer care and lighting to a new company. It will now focus only on information technology.

Bharat Heavy Electricals ended 2.1% down at Rs 178.5 on lower provisional FY13 earnings.

 JSW Steel ended 1.4% lower despite its in Q4 crude steel production rose 2% at 2.11mt from 2.07mt. The share closed at Rs 662, down Rs 9.5 or 1.4%.

On the positive side, Maharashtra Seamless surged after its boards approved a Rs 1 billion share buy-back. The stock closed at Rs. 225, up Rs.11.3 or 5.2%.

Dhanleela Investments, Modipon, Turbotech Engineering, Indian Link, and Swadeshi Industries hit fresh 52-week highs while ABB, Banco Products, Raymond, SPML Infra, and Tokyo Plast hit a new low.

The post 9th April, 2013 : Tuesday tumble below 5,500…Nifty’s 5th fall appeared first on Core Sector Communique.

The Indian market although sandwiched between holidays ended with smart gains on Thursday amid short covering in the Banking, Metals, and Telecom stocks. In addition, good long rollover was witnessed in the Nifty and the Banking Nifty.

After opening on a flat note, markets slipped in the early trades however as the day progressed sentiment got a boost after higher opening seen in the European markets. Barring the Auto stocks all the other major S&P BSE sectoral indices ended in the green. The S&P BSE Metals, Capital Goods and the Consumer Durables index were among the top gainers gaining 2.7%, 2.1% and 1.9% respectively.

On a year to date basis the Nifty has registered losses of 4.5%. However, the market has recorded gains of almost ~6% in the fiscal year.

Finally on Thursday, BSE Sensex closed at 18835, up 131 points over the previous close. It had earlier touched a day’s high of 18874 and a day’s low of 18568. It opened at 18702.

The NSE Nifty closed 5,682, up 41 points over the previous close. It earlier touched a day’s high of 5,692 and a day’s low of 5,604. It opened at 5,647.

“In the coming week, market participants would look forward for the fourth quarter current account numbers and eight infrastructure industries data to be released. Technically, the Nifty found support at the 38.20% retracement level for entire rally since May 2012 and 200-DMA placed at 5,624. We expect, the Nifty to continue with the upward momentum in the coming days. A close above 5720 would further accelerate the bullish stance,” says Amar Ambani, Head of Research, IIFL.

Indian stock markets will remain shut on Friday this week on account of Good Friday.

Infosys, Wipro, TCS, Gail India, Hindalco Inds, ICICI Bank, Sterlite Inds, ONGC, Coal India, HDFC Bank, L&T, SBI, HDFC were among gainers in Sensex and Nifty.

RIL, Maruti, Bharti Airtel, Sun Pharma, Tata Motors, Mahindra & Mahindra, NTPC, Cipla, Bajaj Auto, HUL, Hero MotoCorp, were among losers in Sensex and Nifty.

The advance decline ratio was in favour of bulls. 1623 stocks advanced against 1151 declining stocks, while 124 stocks remained unchanged.

The INDIA VIX was down 3% to close at 15.32. It hit a day’s high of 16.20 and day’s low of 15.31.

Stocks which hit 52-week high during the week were Piramal Ent, Nilachal Refractories, Dhanleela Inv, Sam Leaseco, SHRSHA TEX.

Stocks which hit 52-week low during the week were ABB, Ansal Prop, Force Motors, Banco Products, Best & Crompton.

On the global front, Japan’s Nikkei share average fell to a one-week closing low. The Nikkei closed 1.3% lower at 12,335.96, staying below its five-day moving average of 12,437.27. The Hang Seng index was down 0.7% and the Shanghai Composite index declined by 3%.

European markets have opened higher with CAC, DAX and FTSE adding 0.5%, 0.3% and 0.4% respectively

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