New Delhi, October 05, 2017: Synology® today announces the partnership with Supertron Electronics, one of the leading distributors specializing in Enterprise IT facilities in India. With this association, Supertron Electronics will deliver Synology solutions to businesses of any size in need of advanced storage and networking services.

“We’re excited to take this step forward into the Indian market,” said Mike Chen, Sales Director of Synology Inc. “With the growth of mobile users and the maturing internet infrastructure, we believe this is the perfect timing to explore new opportunities with a new partner in India.”

“Synology solutions have been phenomenal in many regions of the world. We’re pleased to be one of the missionaries of Synology products and help this company expand,” said Vibhor Agarwal, Marketing Director of Supertron Electronics Pvt. Ltd., “Supertron offerings are better and stronger now with Synology on our portfolio. Also, with years of channel experience, we’re confident in delivering world-class services in line with the quality of Synology products.”

Supertron Electronics has started shipping Synology products and providing consultancy services in its 35 branch offices and 18 satellite branches in India.

About Synology:

Synology creates network attached storage, IP surveillance solutions, and network equipment that transform the way users manage data, conduct surveillance, and manage network in the cloud era. By taking full advantage of the latest technologies, Synology aims to help users centralize data storage and backup, share files on-the-go, implement professional surveillance solutions, and manage network in reliable and affordable ways. Synology is committed to delivering products with forward-thinking features and the best in class customer services. For more information, kindly visit: https://www.synology.com/en-global/company

About Supertron Electronics:

Established in 1993, Supertron Electronics Pvt. Ltd. [SEPL] is one of the leading Indian companies in IT product distribution and services with an ISO 9001:2008 Quality Certification. The company that started with the aim to provide cost-effective products and solutions in all areas of IT with just INR 2 Lakh as capital, has today grown into a professionally managed supply-chain specialist with an INR 2800 Crores turnover.

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• Unique music site caters to both independent and well-known artists
• New portal ticket to stardom for up-and-coming talented singers  
• MENA’s biggest content aggregator eyes stronger regional market footprint through newly launched channel 
• Value of Middle East’s digital music industry reaches USD 600 million, with global market at USD 40 billion

June 27, 2017

With new technologies creating wider possibilities for both established and aspiring musicians, ArpuPlus, a subsidiary of A15 and MENA’s biggest content aggregator with more than 100,000 pieces of diversified content, has launched the Middle East’s first music online distribution portal www.muzicup.com in a landmark move that is seen to reshape the region’s digital music landscape.

The latest innovative platform helps independent artists and music companies that are looking to distribute music over major multinational telecommunications companies across the region—composing of over 40 companies such as Orange, Vodafone, Ooredoo, Viva, Du, Djezzy, and Etisalat. Also, distribution of music on major digital platforms, including YouTube, Anghami, Mazika, Spotify, iTunes, Amazon, Google Play, Apple Music, and many more, has now been made easy through the newly launched MuzicUp.

“ArpuPlus aims to capitalize on the exceptionally rising digital music industry through our MuzicUp. But our best-in-class platform is way ahead of its competitors in a manner that it specifically targets up-and-coming talented musicians who are seeking to share their own brand of music even without the backing of major company labels,” ArpuPlus CEO Medhat Karam said.

“By allowing them to upload their songs for online streaming in channels that they specifically choose from major telecommunications companies such as Orange, Vodafone, Du, and Etisalat and digital platforms such as Youtube and Angami, our platform is in effect jump-starting their careers in the music industry. For some aspiring artists, MuzicUp could become their ticket to stardom.” Karam added.

ArpuPlus also partners with artists and companies to broaden further the MuzicUp’s offerings. Recently, it acquired an exclusive right to digitally distribute Nancy Ajram’s latest album, ‘7assa beek,’ worldwide. Songs included in the album were distributed across various global channels, including ‘Ghaneely,’ which is Orange’s official streaming app.

The launch of MuzicUp proves to be both timely and strategic as the digital music industry in the region is continuously growing in sizeable proportion, driven by key factors like the continuing popularity of the internet. According to Karam, the value of the global digital musical industry is now valued at around USD 30 to 40 billion, with the Middle East market accounting for USD 600 million.

The Cairo-based ArpuPlus, said it will continue to invest substantial amount in the digital music industry via MuzicUp in a bid to gain a dominant market footprint here and build a strong presence regionally. ArpuPlus’ annual investment has already reached around EGP 100 million.

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• 6000+ Canara bank branches across the nation to offer The New India Assurance Co. Ltd. products
• Allows Canara Bank to offer best in class non-life insurance products to its customers across metros and tier – II and III cities
• Strengthens distribution network of The New India Assurance Co. Ltd

Bangalore, June 8, 2017: Canara Bank, one of the largest Public Sector Banks in the country and The New India Assurance Co. Ltd, India’s largest general insurance company today signed corporate agency agreement for the distribution of The New India Assurance Co.’s general insurance products through Canara Bank’s extensive network of 6000+ branches across the country.

While Shri Lalit Vaid, General Manager, Marketing & R R Wing, HO signed the Corporate agency agreement on behalf of the Bank, Shri R M Singh, General Manager, Bancassurance Dept, HO executed the agreement on behalf of the Insurance Co., in the presence of top Executives from Bank & Insurance Co.

Under this strategic agreement The New India Assurance Co. Ltd will offer its industry leading general insurance products to the customers of Canara Bank. A bouquet of personal lines of products such as Motor Insurance, Home Insurance, Health Insurance, Travel Insurance and commercial line of products such as Fire Insurance, Marine Insurance and Engineering Insurance will be available through branches of Canara Bank.

The partnership aims to provide best-in-class general insurance products to Canara Bank Customers at highly competitive rates. The extensive branch network of the Bank and the Insurance Co. will facilitate insurance penetration and smooth post sales service of policies.

About Canara Bank:

Founded as ‘Canara Bank Hindu Permanent Fund’ in 1906, by late Sri. Ammembal Subba Rao Pai, a philanthropist, this small seed blossomed into a limited company as ‘Canara Bank Ltd.’ in 1910 and became Canara Bank in 1969 after nationalisation. Today, Canara Bank is one of the leading public sector Banks in the country with a global business of Rs. 8.37 lac crore business and a clientele base of over 77.9 million as at 31.03.2017.

Canara Bank has over 6000+ branches and over 10000 ATMs covering the length and breadth of the country. Known for its customer oriented approach, Bank has introduced several alternate banking channels like State of art Net Banking, Mobile Banking and other Mobile Apps like UPI Mpower, Mserve, Canara Swipe, Canara Cart etc. These initiatives are taken to promote cashless economy, in tune with the objectives of Govt. of India.

The Bank was conferred with the following Major Awards/ Accolades recently:

• Golden Peacock Award 2016 under CSR activities
• SKOCH Award 2016 for SME Enablement
• SME Excellence Award for Best SME lending during 2015-16 by ASSOCHAM
• MSME Excellence Award 2017 by Federation of Industrial Trade and Services (FITS)
• SKOCH Order of Merit and Silver Awards 2016 for Bancassurance during 46th SKOCH Summit
• ASSOCHAM Social Banking Excellence Awards 2016

About The New India Assurance Co Ltd.

Incorporated on July 23^rd, 1919 & founded by Sir Dorab TATA, The New India Assurance Co. Ltd was nationalized in 1973. New India Assurance Co Ltd, today, is a 100 % Govt owned multinational general insurance company operating in 28 countries with 2400 branches and headquartered at Mumbai, India. With a global business crossed Rs.22279 Cr., The New India Assurance Co. is the No.1 General Insurance Co. in the country.

The New India Assurance Co. is the only direct insurer in India rated A (Excellent – Stable outlook) by AM Best. “CRISIL has reaffirmed its ‘ AAA/STABLE ‘ rating on The New India Assurance Company Limited indicating that the company has the Highest degree of Financial strength to honour its Policyholders obligations”.

The New India Assurance Co. is leading the market, apart from premium, in reserves & net worth for many years. In 2016-17, the Co. reported a profit after Tax of Rs. 1008 Cr. New India has over 19,000 employees and around 60,000 tied agents providing insurance services to its customers. The New India Co. has over 170 products catering to almost all segments of general insurance business. Provided cover to Petrochemical, oil & energy industries, power & steel plants, aviation fleets, satellites, large projects & infrastructures, SMEs and are present in all forms of commercial, retail & Rural sectors.

New India Assurance is on a robust core insurance platform, with a central data base and has an integrated grievance management system synchronized with that of the regulator.

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Announces exclusive partnership with Ethos Watch Boutiques

New Delhi, 16^th December 2016: Mr. Jacques-Alain Vuille – Global VP and Member of the Board, Corum, unveiled the new collection available in India, including the new generation of the iconic Admiral’s Cup Legend 42. He also announced the expansion of the brand’s distributor network exclusively with Ethos Watch Boutiques in India. The strategic partnership will enhance the availability of the brand to 16 Ethos boutiques across 10 cities within the next three years. Corum relies on its already favourable image in India as a fine Swiss watch manufacturer since 1955, and is attractively priced starting at INR 136,000.

During the launch of the exclusive timepieces, showing a deeper commitment to the Indian market, Mr. Jacques-Alain Vuille – Global VP and Member of the Board, said, “We are happy to launch our new collection and increase our presence in India which has become an important emerging market globally. We have exclusively partnered with Ethos Watch Boutiques due to their reach and trust among the customers. They are undoubtedly the right partners for us to enhance our presence and preference among our Indian patrons.”

Corum has made creativity and daring it’s guiding principles. The Brand is continuing along the path mapped out by its founders and remains truer than ever to the iconic collections responsible for its identity and reputation, while enhancing them with a touch of modernity that combines innovation and cutting-edge technology. The collections which will be available in India in association with Ethos include: the Admiral’s Cup collection, the Bridges collection, the Heritage and the Bubble collections.

“We are honored and delighted to have these bespoke time pieces by Corum exclusively at our boutiques across India. Each exquisite timepiece is beautifully created and is sure to garner interest from watch enthusiasts and luxury connoisseurs alike. We look forward to a great and long term partnership with them.” says Yashovardhan Saboo, CEO of Ethos Watch Boutiques.

Corum is praised for their quality and technical excellence and are known for their signature limited and special edition time pieces each year.

About the Admiral’s Cup Legend 42

Stylish new vessels are joining the fleet of Corum’s emblematic Admiral collection. These steel-built models of virile elegance fly their colourful nautical flags against a blue, white or black background. With their immediately recognizable twelve-sided bezel, the newcomers to the Admiral Legend 42 flotilla display their multi-coloured insignia in a range of maritime tones. The 42-mm twelve-sided case in steel or steel and rose gold sets a course for elegance, with a blue or white dial on the automatic version, blue or black on the chronograph, and broad luminescent hands sweeping over it. In 1960, Corum’s Admiral line dropped anchor in a sea of technical and aesthetic refinement. The flagship of the House, this contemporary collection with the iconic distinguishing features that mark its sporty appearance, reflects Corum’s passion for the sea. Four new representatives – automatic and chronograph versions – have now come aboard this legendary ship.

Cruising off the seaboard of elegance, the two Admiral Legend 42 models fly the flags of their indexes against a white or ultramarine mainsail. The back of the steel case, which is water-resistant to 50 metres, gives a view of the automatic movement with its engraved rotor. Oscillating at a frequency of 28,800 vibrations per hour, with a power reserve of 42 hours, the functions of the calibre CO 395 comprise hour, minute, small second and date display.

About Corum

Praised for the aesthetic quality and technical excellence of its models, Corum is proud to perpetuate the values and expertise of fine watchmaking while continuing to look towards the future by creating the watches of tomorrow, today. Founded in 1955 in La Chaux-de-Fonds (Switzerland), Corum has made creativity and daring its guiding principles. The Brand is continuing along the path mapped out by its founders and remains truer than ever to the iconic collections responsible for its identity and reputation, while enhancing them with a touch of modernity that combines innovation and cutting-edge technology.

The Admiral range has been sailing the seas for more than 50 years, while the Bridges line has brought light to the watchmaking world for 35 years. Several models in the Heritage collection, such as the 20 Dollars Coin Watch, have left an enduring mark on watchmaking. Meanwhile, the watchwords of the Bubble range are modernity and creativity – when Fine Watchmaking becomes legendary.

About Ethos

Founded in 2003, with its two retail brands Ethos and Ethos Summit, Ethos is currently 42 stores strong in India. Present across 13 cities, Ethos brings an international standard experience in watch buying to its customers.

The brand’s website www.ethoswatches.com has become Asia’s largest online luxury watch platform. With over 7,500 watches from over 60 premium and luxury brands, the website attracts upwards of 600,000 visitors per month. Ethoswatches.com is the first of its kind to offer visitors a comprehensive buying experience through various niche services including a highly specialized team of luxury watch consultants, and The Watch Guide – an in house digital magazine that curates relevant and exclusive content for watch enthusiasts. In addition to this, the website provides benefits like EMI, watch insurance and after sales service to its customers through its dedicated service facilities across India.

Ethos Watch Boutiques houses brands such as Rolex, Omega, Breitling, Chopard, Carl F. Bucherer, Cartier, and others in the luxury space. In the premium segment, they offer TAG Heuer, Longines, Tissot, Rado and Seiko, to name a few. In the fashion segment, the brands available include Guess, CK and Armani.

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Vendors Realising The Importance Of Robust Offline Smartphone Distribution In Tier 2&3 Cities And Beyond: IDC India

New Delhi, 2^nd  Sep 2016: According to International Data Corporation’s (IDC) Monthly City Level Smartphone tracker, the leading 30 cities of India registered growth of 10.2 percent quarter on quarter in Q2 2016 over Q1 2016. The demand from Tier 2&3 cities is outgrowing Tier 1 cities by clocking +12.9 percent growth vs 8.1 percent for the latter. As signs of saturation are beginning to appear in urban markets (esp. Tier 1), which is a major hub for online sales, vendors are looking to tap the consumer base in Tier 2&3 and rural areas by setting up offline distribution networks.

According to Upasana Joshi, Senior Market Analyst, IDC India, “We are seeing changes in the distribution strategies by many vendors with many popular online exclusive models being made available offline as well, such as Xiaomi Redmi Note3, Le Eco Le1s, Moto G Turbo Edition, etc. This is indicative of an evolving hybrid distribution structure – online plus offline, which will help these vendors bring their popular smartphone models into smaller towns & cities.”

Price discipline getting established between online and offline channels, has led to a resurgence in the importance of the brick and mortar stores. Market sustainability in the longer run will be driven by presence of a strong offline distribution channel.

“With aggressive marketing spends and channel expansion, China based vendors like Oppo & Vivo are gaining traction across all city Tiers. The channel is upbeat and excited with the sales schemes being offered by these vendors resulting in fast moving stocks” adds Joshi.

The China based vendors on the back of their quality products at affordable prices and wide availability have largely contributed to the growth of price segment $150-$200 & $200-$250 across top 30 cities contributing 28 percent in Tier 1 cities in Q2 2016 as compared to 19 percent in Q1 2016 and 24 percent in Tier 2&3 cities as compared to 17 percent in the previous quarter.

“Apart from Reliance Jio (Lyf), other Indian vendors were unable to hold on to their market share in Q2 2016. Similar was with global vendors except for Samsung which managed to sustain its market leadership position. This has led to a sharp increase in the market shares of China based vendors across all Tiers even with their mid segment ASPs (ranging from $150-$200) purely on the back of strong distribution channel, better channel schemes and huge promoter programmes as compared to the rest” says Varun Singh, Market Analyst, IDC India. “This is a clear indication that the offline channel cannot be wished away by vendors for operating long term in highly competitive Indian market” adds Singh.

Top Vendor Highlights:

Samsung: continues to lead the smartphone market with 28.5 percent share, clocking 5.7 percent growth from the previous quarter. Alongside the newly launched J series (2016 versions), the J series range continue to drive the maximum volumes for Samsung.

Micromax: maintains second position in CY Q2 2016 with 11.9 percent share. It regained share in the less than $100 price segment to be at the top position on the back of newly launched Bolt & Canvas Spark series, but is facing stiff competition from Lyf “Flame series”.

Xiaomi: moved up to third position in CY Q2 2016 with 8.1 percent share on the back of its hit model Redmi Note 3. The model generated massive demand owing to its loaded feature specs at an affordable price.

Intex:  retains fourth position with 8.0 percent share, but dropped in volume growth by 4.6 percent. It continues to command significant share in below $100 price segment; however, channel partners feel there is an immediate need for a refreshed high decibel visibility campaign to enhance further demand.

Lenovo (including Motorola): slipped to fifth position in CY Q2 2016 with 7.2 percent share. G4 Plus and Vibe K5 Plus launched in Q2 2016 is expected to generate demand in the coming months. Lenovo had also expanded its presence to retail counters which is yet to pick up volumes.

Oppo & Vivo: stand at 7^th & 8^th position with 3.3 percent share & 2.9 percent share respectively. With aggressive marketing spends, in store promotions and expansion of retail presence, both these Chinese vendors are successful in quick demand ramp up across Tiers. Their model line-up is majorly placed in $200 & above price segment giving stiff competition to the Global vendors in this segment.

Apple: in the above $300 price segment commands a share of 35.6 percent in CY Q2 2016, with majority sales driven from iPhone 5s and 6s models.

About IDC Trackers

IDC Tracker products provide accurate and timely market size, vendor share, and forecasts for hundreds of technology markets from more than 100 countries around the globe. Using proprietary tools and research processes, IDC’s Trackers are updated on a semi-annual, quarterly, and monthly basis. Tracker results are delivered to clients in user-friendly excel deliverables and on-line query tools. The IDC Tracker Charts app allows users to view data charts from the most recent IDC Tracker products on their iPhone and iPad.

About IDC

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC’s analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a subsidiary of IDG, the world’s leading technology media, research, and Events Company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC.

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Mumbai, July 04, 2016: LIC Mutual Fund Asset Management Company today announced its tie-up with Cosmos Co-operative Bank for distribution of its mutual fund products through the bank’s 140 branches spread across pan-India.

Commenting on the tie-up, Ms. Sarojini Dikhale, CEO of LIC Mutual Fund Asset Management Company said “We are delighted to partner with one of the leading Co-operative banks; Cosmos Co-op Bank for their support in distributing our products to its customers. The combination of our comprehensive range of products catering to the varying investment needs of investors and the distribution reach of the bank would create a great convenience to the bank’s customers. We are very happy to embark on this relationship and look forward to a long and mutually engaging association”.

Mr. Vikrant Ponkshe, Managing Director and CEO of Cosmos Bank said “We are very excited with this opportunity. This would be a forward looking step for the bank to provide a complete financial solution to our esteemed customers. Mutual Fund penetration in India is still very low and banks have played an important role in selling these products to the mass. This engagement increases the option for our customers to choose from a bouquet of financial solutions”.

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In 2015, shipments of strip mill products to steel end use segments by European flat steel service centers did increase by +6 % when compared with 2014.

Comparing December 2015 with December 2014, shipments of strip mill products have been growing by +8 %, year-on-year.

On the other hand, shipments by European multi-product & proximity steel stockholding distribution noted a rather negative run in December 2015.

December 2015 shipments decreased by – 16 % when compared to December 2014.

For the total year of 2015, sales of the segment Multi-product & Proximity Distribution business registered a negative score.

In 2015, shipments by this distribution segment were lower by -3 % when compared to 2014.

Commenting the developments in EU flat SSC segment, Cesare Vigano, EUROMETAL Vice-president, indicated that EU SSC shipments were supported by positive business in automotive and related industries and that in 2015 the SSC market in Southern Europe showed signs of recovery in shipments, unfortunately with economic KPI’s still on unsatisfactory level, due to permanent imbalance between offer and real consumption, calling for further progress in market consolidation process.

Mikael Nyquist, EUROMETAL Vice-president, outlined that European Multi-Product & Proximity Steel Stockholding Distribution was suffering in 2015 and that in a longer term further restructuring and consolidation will be looming in order to balance capacities also in this steel distribution segment with the perspectives of the market for multi-products & proximity steel distribution.

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Taiwan based consumer electronics brand, FONDI appoints Deal Time as its authorised distributor for the Middle East region

Dubai, UAE, 16^th August 2015: Taiwan based International conglomerate Fondiversal Technology, renowned with its founding objectives towards bringing innovative ideas that redefine the digital age today announced the appointment of Deal Time Middle East as its authorised distributor for Middle East.

Deal Time will be responsible to distribute the entire range of FONDI Power Banks, OnReal cams, among others. FONDI OnReal cam is smallest and the lightest cam in the world that has caught up the fancy of many.

“We are glad to join hands with Fondiversal, to promote their FONDI brand of devices in the region. We certainly believe the brand will pick up the market at a fast pace, as all its products comes with international quality with superior features but at an extremely competitive price, thereby offering the end customer a real value for money.” said, Jack D’costa, Director at Deal Time Middle East.

Deal Time Middle East is one of the dominant players in distribution market especially for mobile accessories and consumer electronic products in the region. Over the years it has developed strong capabilities and extensive channel base across the region. Today, the company represents major brands in the region.

Commenting on the appointment of Deal Time Middle East as its authorised distributor, the president for Fondiversal Technology, Brian Liu said, “It gives us immense satisfaction to find a right partner in Deal Time as our distributors for the Middle East. With their wide network of resellers and strong logistical support, we are confident to expand the reach of FONDI brand across the region in no time.”

About Fondiversal

Fondiversal Technology is an international conglomerate with business interests in IT & Consumer Electronics. Fondiversal’s founding objectives are towards bringing innovative ideas redefining the digital age with its in-house brand FONDI.

The company business focuses on the development of products that fit seamlessly into consumer’s digital lifestyles.

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Leading value added distributor, emt Distribution has partnered with CoSoSys to distribute its award-winning Endpoint Protector Solutions for Data Loss Prevention in Middle East

Dubai, UAE, 13^th July 2015: emt Distribution, the leading international value added distribution company in Middle East announced that it has signed an exclusive distribution partnership agreement with CoSoSys to distribute the entire portfolio of CoSoSys Endpoint Protector Solutions in Middle East.

CoSoSys enables businesses and end users around the world to take full advantage of the performance benefits of mobility, portability and communications solutions, without compromising security. To achieve this, the company has developed solutions that prevent data loss on the ever-increasing number of devices, endpoints, cloud storage apps and mobile devices accessing and storing sensitive data.

CoSoSys has won numerous, well-known awards. This includes being named a winner of the Deloitte Technology 50 fastest-growing companies and The DLP Solution of the Year by Computing Security Awards.

“With the rise in awareness about data loss prevention in the region, the opportunities for new business are growing at a fast pace,” said, Mohammad Mobasseri, emt Distribution CEO. “We will work closely with CoSoSys to lend technical and marketing support to facilitate the growth of business for all our channel partners.”

The company offers a rich portfolio of security products to protect over 11 million users worldwide. CoSoSys products provide network device control, Data Loss Prevention (DLP) for Windows and Mac OS X, Mobile Device Management (MDM) for iOS and Android, as well as applications for portable storage device encryption and enhancement.

“We are glad to partner with emt Distribution, one of the leaders in value distribution business in Middle East, with local reach and global experience. We are confident that the technical expertise andthe wide channel base of emt will help give us desired exposure and generate enough business opportunities for us to expand in the region,” Said Roman Foeckl, CoSoSys CEO.

The distribution agreement entitles emt Distribution to distribute the entire range of CoSoSys products and solutions across the region, including countries like KSA, UAE, Oman, Egypt, Kuwait, Qatar, and Bahrain among others.

About emt Distribution

emt Distribution is one of the leading global value added distributors with a foot print spanning several continents with offices located in Australia, Austria, Hong Kong, Philippines, Singapore, UK and UAE. The company has been part of the technology distribution landscape for over 15 years. The company’s portfolio consists of security, virtualization, communication, and analytics solutions.

emt Distribution is well positioned to provide pre-and post-sales support with their team of experienced product specialists. Its team possesses leading industry qualifications, and is equipped with all relevant vendor certification to act as “Trusted Advisors” for channel partners and end-users.

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