Friday, February 25, 2011

HDFC Bank conducted a ‘Coin Mela’ in Indore - Organised across 18 locations nation-wide - - Over ` 28.00 lac worth currency exchanged in Indore –


HDFC Bank conducted a ‘Coin Mela’ in Indore
- Organised across 18 locations nation-wide -
- Over ` 28.00 lac worth currency exchanged in Indore –

Indore: HDFC Bank, second largest private bank in the country, organized a ‘Coin Mela’ at Ujjain branch in Indore.
The Coin mela was inaugurated by Mr. S.C. Gandhi, Manager, Issue Dept, RBI, Bhopal. The initiative was in conjunction with RBI’s Clean Note Policy to provide fresh notes in exchange for solid ones.
HDFC Bank organized a total of 18 successive ‘Coin Melas’ in 16 cities in a single day, across the nation. Apart from the four metros namely; Mumbai, Delhi, Chennai, Kolkata, the mela also took place in semi-metros such as Ludhiana, Chandigarh, Lucknow, Patna, Jaipur, Ahmedabad, Bangalore, Hyderabad, Pune, Kochi and Gurgaon. People from all walks of life took advantage of the coin mela to exchange their soiled notes and old and disfigured coins. The Bank exchanged over ` 28.00 Lakh worth of coins and currency notes during this exercise in Indore. A total of ` 1280.06 lakh were exchanged across the 18 locations.
Speaking on the occasion Mr. Madhu Gupta, State Head, Wholesale Banking Operations, Madhya Pradesh said, “With the support of RBI the Coin Mela was organized at the Indore branch. The response to the ‘Coin Mela’ was positive and people expressed their appreciation."

About HDFC Bank
Promoted in 1995 by Housing Development Finance Corporation (HDFC), India's leading housing finance company, HDFC Bank is one of India's premier banks providing a wide range of financial products and services to its 19 million customers across hundreds of Indian cities using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking. Within a relatively short span of time, the bank has emerged as a leading player in retail banking, wholesale banking, and treasury operations, its three principal business segments.
The bank’s competitive strength clearly lies in the use of technology and the ability to deliver world-class service with rapid response time. Over the last 15 years, the bank has successfully gained market share in its target customer franchises while maintaining healthy profitability and asset quality.
As of December 31, 2010, the Bank had a distribution network with 1,780 branches and 5,121 ATMs in 833 cities.
For the quarter ended December 31, 2010, the Bank’s total income was INR 63.57 billion (`6,357.8 crore) as against INR 49.34 billion (`4,933.9 crore) for the quarter ended December 31, 2009. Net revenues (net interest income plus other income) were INR 39.04 billion (`3,904.5 crore) for the quarter ended December 31, 2010, an increase of 25.0% over INR 31.23 billion (`3,123.0 crore) for the corresponding quarter of the previous year. Net Profit for the quarter ended December 31, 2010 was INR 10.87 billion (`1087.8 crore), up by 32.9% over the corresponding quarter ended December 31, 2010.
The Bank’s total balance sheet size increased by 22.1% to INR 2498.20 billion (`249,820.0 crore) as of December 31, 2010. Total deposits were INR 1922.02 billion (`192,202.0 crore), up by 24.2% over December 31, 2009.

Total income for the year ended March 31, 2010 were INR 199.80 billion (`19980.5 crore).

Leading Indian and international publications have recognized the bank for its performance and quality.
For more information please log on to: www.hdfcbank.com


For media queries please contact:
Atul Malikram
7869912247


Wednesday, February 23, 2011

Colgate MaxFresh Gel launches a refreshing TVC starring a blockbuster cast Shahid and Genelia wish Sehwag, Gautam and Zaheer the best for World Cup!



Colgate MaxFresh Gel launches a refreshing TVC starring a blockbuster cast
Shahid and Genelia wish Sehwag, Gautam and Zaheer the best for World Cup!

Mumbai: Colgate-Palmolive (India) Limited, market leader in oral care, today launched their latest TV campaign for Colgate MaxFresh Gel, the fastest growing brand in the company’s portfolio. The concept of the new TVC underscores Colgate MaxFresh Gel’s proposition of energizing freshness and features a youthful cast of Bollywood stars and cricketers. Featuring actors Shahid Kapoor and Genelia D’souza, along with ace Indian cricketers Virender Sehwag, Gautam Gambhir and Zaheer Khan, the TVC runs with a vivacious sound track in tune with the spirit of the upcoming cricket season. The campaign kick starts on February 18, 2011.

Colgate MaxFresh Gel is the first and only toothpaste infused with cooling crystals that dissolve in the mouth completely upon brushing, releasing an intense rush of breath freshening power. This unique formula gives a whole new dimension of freshness to its users everyday.

Like the product itself, this TVC for Colgate MaxFresh Gel is targeted at the achievement-oriented youth and seeks to connect with GenNext, who is confident and always looking for something fresh and unique. Launching the campaign, Mr. Rajesh Krishnamurthy, VP Marketing, Colgate-Palmolive (India) Limited said, “As the market leader in oral care, we are constantly looking for ways to understand and meet the evolving needs and preferences of our consumers. We believe that this campaign will speak directly to the youth who are constantly seeking something refreshing. The new TVC features confident and ambitious icons from Bollywood and the cricket fraternity who not only represent GenNext and but also resonate well with the consumers.”

For further detail, please coordinate:
Atul Malikram
9827092823


Tuesday, February 22, 2011

Prism Informatics Limited Third Quarter Results Financial Year 2010-11



Prism Informatics Limited








Press Release – Third Quarter Results Financial Year 2010-11

 



For Immediate Release                                                                                              15th February, 2011


Prism Informatics Limited Third Quarter Results Financial Year 2010-11


Consolidated Q3 Revenue up 43% QoQ and 2347% YoY
Consolidated Q3 Profit After Tax up 190% QoQ and 1131% YoY
Declared an interim dividend of 12.5%
Acquired 51% Majority Stake in Saudi Arabia IT company – Information Management Technologies (IMT) in Nov’10


Mumbai: Prism Informatics Limited, a Software Development and IT Business Consulting Services Provider (referred to as “Prism” or the “Company”, BSE: 505530) announces its Unaudited Third Quarter and Nine Months results for Financial Year 2010-11.

Speaking on the occasion, Mr. Alok Pathak, Managing Director, Prism Informatics Limited said:
“Prism continues to perform well in all established segments and geographies in Q3 FY 2010-11. In this quarter, Prism expanded its footprint in the Middle East Market with the 51% acquisition of Information Management Technologies (IMT), a subsidiary of the Al Suwaidi Group, in the Kingdom of Saudi Arabia. Prism is exhibiting very strong organic growth. The company continues to pursue its inorganic growth strategy and is evaluating further acquisition of companies in Europe and Middle East.”


Financial Highlights (Consolidated)
Financials





(INR Lakhs)
(Year Ending March)
Q3FY11
Q2FY11
QoQ (%)
Q3FY10
YoY (%)
FY10
Revenue
2141.70
1502.21
43
176.21
2347
829.97
EBITDA
107.78
58.63
84
9.56
1140
75.45
Net Profit
144.71
49.83
190
9.36
1131
51.66
Diluted EPS (INR)
10.05*
3.85
161
1.49
250
3.79
           
The board declared an interim dividend of 12.5% for third quarter financial year 2010-11
*On equity face value of Rs. 10 prior to stock split. On Equity face value Rs.1, the EPS is Rs.1.005



Prism Informatics Limited








Press Release – Third Quarter Results Financial Year 2010-11

 




Business Highlights
Contracts / New Business / Growth: This quarter also witnessed new businesses/contracts/growth in various geographies:
Germany:
  • SAP retail system maintenance contract by German automobile company:
Prism has been awarded the SAP retail system maintenance contract, for a long term of 3 years, by a large German automobile company this quarter.
  • SAP support contract from Nycomed, a global pharmaceutical company:
Nycomed awarded Prism contract to support and monitor their operative SAP system on a daily basis in 2011. Nycomed ranks 28th among global pharmaceutical companies and is the 16th largest provider of OTC medicines with a strong presence in Europe and in the emerging markets in Russia/ Commonwealth of Independent States, Asia and Latin America.
  • SAP implementation support for global retail & logistics company in Germany:
Prism has won contract for SAP implementation by a global retail, logistics and distribution company. Consultants of Prism have taken over major work packages to enable the client to accomplish project goals efficiently and effectively.
Sri Lanka:
  • SAP implementation project for Textured Jersey:
Prism Informatics has successfully implemented SAP in Sri Lankan company- Textured Jersey. Textured Jersey is jointly owned by Pacific Textiles and Brandix Lanka. Pacific Textiles is a listed company in Hong Kong with one of the largest manufacturing facilities in China. Brandix Lanka is the largest apparel exporter in Sri Lanka and supports Textured as a strategic link in their supply chain.
Thailand:
  • SAP CRM contract from S.B. Furniture Group of Companies, Thailand
Prism has won contract for SAP CRM by S.B. Furniture Group of Companies. S.B. Furniture Group began its operations since 1953 and has maintained its image as a specialist in the manufacturing of high quality furniture. Project involves providing end to end retail system solution to the client.
For further details please coordinate:
Atul Malikram
9827092823

Friday, February 18, 2011

Big Bazaar’s ‘The Great Exchange Offer’ Campaign starts from February 19th to March 27th, 2010


Big Bazaar’s ‘The Great Exchange Offer’

Campaign starts from February 19th to March 27th, 2010

Mumbai: Big Bazaar’s ‘Great Exchange Offer’ is back from 19th February till 27th M March, 2011 across its 146 Big Bazaar stores in the country. Big Bazaar has once again come up with this mega initiative to provide its customers a chance to exchange their old junk items and at the same time giving an opportunity to purchase new products with the value received from the junk. This campaign will induce the customer to get good value for their old products in the form of coupons which can be redeemed to buy new products from the store *(Conditions apply). Customers can exchange all types of products which include newspaper, clothes, plastics, utensils, luggage, tyres, shoes, electronics, furniture and others.  

A major highlight of the campaign is the ‘Exchange Truck’ or ‘Badal Dalo Truck’. To facilitate customer convenience, Big Bazaar’s branded truck will be going around respective locations across various cities on scheduled days to collect junk from customers’ premises. This truck will arrive at the customers’ place in a convenient time, manned by promoters and equipped with weighing machines and distribute coupons on the spot. As a part of this drive, Big Bazaar has tied-up with various corporate houses and societies to spread the message of eco environment friendliness.

In addition, all stores would have a dedicated area for trash collection for walk-in customers. This area would have a branded canopy with Big Bazaar staff, weighing machine and measurement coupons. Alternately, customers can call the store the number and avail trash pick up facility.

The exchange value of different items is as follows –

Items
Value
Old Newspaper
Rs.30/Kg
Old Clothes
Rs.250 /Kg
Old Plastics
Rs.80/Kg
Old Utensils
Rs. 150/Kg
Old Luggage
Rs.100/Bag
Old Tyres
Rs.50/piece
Old Shoes
Rs.50/piece
Old Leather Goods
Rs.80/Kg
Old(Any Other)
Rs.50/Kg
Old Electronics
Upto Rs.10000
Old Furniture
Upto Rs.12500


Few Offers across categories –

Home Fashion
Ceylon Double Bed Sheet Set With 2 Pillow Covers 
MRP: Rs 799
BB Price: Rs 529
Exchange Price:  Rs 397

Luggage
Milestone Liberty Soft Trolley (68 cm)
MRP: Rs. 2699
BB Price: Rs. 1999
Exchange Price: Rs. 1499

Furniture
Alwin Bedroom Set (Queen Bed+ 3 Door Wardrobe+ Night Stand)         
MRP: Rs 45997
BB Price: Rs 27999   
Exchange Price: Rs 20999

Electronics
Videocon (logo) 32(81cms) LCD TV (VLL32FBM)   
MRP: Rs 29990        
BB Price: Rs 23490   
Exchange Price: Rs 21190

*Customers need to shop for 4 times of the coupon value for all categories and 10 times for Food and Electronics to avail of the offer.

So, have you ever thought that your junk items will give you so high returns? And all you need is to visit your nearest Big Bazaar store or call the store to collect your unused and old items and yes, to buy new products for yourself and your home…


For further information please contact
Atul Malikram
9827092823




Thursday, February 17, 2011

GABBAR KA VALENTINE on FILMY


GABBAR KA VALENTINE on FILMY


FILMY, with its fun and irreverent style has always presented the best of
Bollywood and Hollywood entertainment, beyond movies, over the years. True
to its commitment, this Valentine's, FILMY will present its viewers a
Valentine's Special show 'GABBAR KA VALENTINE', a satire, featuring Gabbar
Singh's attempt to woo 'Basanti' to be aired at 6.30 p.m and 10.30 p.m on
Feb 13. Gabbar Singh will be extracting 'love tips' from popular Bollywood
characters, in true 'Gabbar style



For further Information, please contact:
Atul Malikram
9827092823

FOODFOOD, the most gastronomically loaded lifestyle brand launches the FOODFOOD Foundation







FOODFOOD, the most gastronomically loaded lifestyle brand launches the FOODFOOD Foundation

The first foundation to promote culinary skills across the country


After the successful national launch of FOODFOOD TV Channel on 24 January 2011, partners Astro All Asia Networks, Master Chef Sanjeev Kapoor and Mr. Sandeep Goyal of Mogae Consultants, launched the FOODFOOD Foundation.

India’s original Master Chef Sanjeev Kapoor, and the brand’s Lifestyle Ambassador, Ms Madhuri Dixit-Nene, unveiled the unique logo of the FOODFOOD Foundation.

This will be the first foundation of its kind in the country to promote culinary heritage and culture of India across the world. Said Mr. Raghvendra Madhav, Astro All Asia Networks, during the launch, “Food can well be considered to be cultural barometer of civilizations. The culture of food in our country is ancient, rich and highly evolved. Nuances of Indian culinary art are spread far and wide in this country and many are yet to come out of the confines of the native kitchens. Through this Foundation, we hope to highlight the cultural heritage of Indian culinary art across the world.”

At a media gathering that clearly demonstrated food as a lifestyle statement, Master Chef and co-promoter of FoodFood, Sanjeev Kapoor said, “Today food has acquired dimensions that go beyond mere consumption. As our country breaks new ground in almost every field, food is rapidly becoming central to our lives. Its not only about calories and taste, its about having fun, enjoying life with food around which the family & friends gather. Through the FOODFOOD Foundation, we aim to reach out to aspiring chefs across the country, encourage and promote their talent.”

Mrs. Dixit Nene stated, "I’m extremely delighted with the concept and thought behind the FoodFood Foundation. Our country is so vast and rich in cuisines that often go unnoticed. A foundation like FOODFOOD will  surely provide the necessary ingredients to promote and encourage culinary skills across the country. As a country, we need a Foundation like this to highlight the uniqueness of Indian food across the world. I am extremely excited to be a part of FoodFood.”

“The FOODFOOD Foundation is a huge initiative for us.” said Sandeep Goyal, Chairman Mogae Consultants, and former Group CEO, Zee Telefilms, “With 360 degrees of food available across multi media platforms like TV, web, mobile, Food is all set to become the new entertainment. Food Food will be an innovator pioneer in the broadcasting business, and will also lead the way in how lifestyle, good living and good eating define a better tomorrow. ”

With the concept of Cooking+ Food +Food-lifestyle, the brand aims to be all things food. Targeting the middle class Indian in urban towns and cities as its core audience, FOODFOOD will produce and package all its content in India.

The channel also boasts of it’s very own “Food Editor” – renowned chef, Rakesh Sethi (with over 28 yrs experience across Taj SATS, Oberoi and Intercontinental hotels), and several Indian celebrity chefs (Nitin Tandon, Shantanu Gupte, Anurag Bali etc) that add spice to it’s programming content.

“Our entire content and programming is in Hindi and is created by Indians, for Indians,” stated the COO Karthik Lakshminarayan. “In order to connect to our audiences across the country, we will feature shows about food and food lifestyle like ‘Firangi Tadka’, ‘Sirf 30 Minute’, ‘Sanjeev Kapoor’s Kitchen’, Chef ka Muquabla and Ready Steady Cook, to name a few,” he added.

The channel will be available in both analog and digital formats pan India



For further information please contact:

Atul Malikram / Chanchal Jhanwar
09755020247

Mahindra launches its unique “Mobile Seva” across Southern India


Mahindra launches its unique “Mobile Seva” across Southern India
First of its kind customer centric initiative for the commercial range of vehicles
Mahindra & Mahindra Ltd., a part of the US $7.1 billion Mahindra Group, announced the launch of the “MAHINDRA MOBILE SEVA.” This is a unique customer centric initiative, aimed at providing door step service solutions for its 3 Wheelers and other commercial vehicles. A first of its kind initiative in the commercial vehicle space, the “MAHINDRA MOBILE SEVA” has been commissioned across the southern states of Andhra Pradesh, Tamil Nadu, Kerala and Karnataka.
This service will also be rolled out across the country, in a phased manner. Being a major market for commercial vehicles, 30 of these mobile service vans are currently commissioned in the southern states.
Speaking about the initiative, Mr. Arun Malhotra – Senior Vice President – Sales & Customer Care, Automotive Division, Mahindra & Mahindra Ltd., said “With the launch of these mobile service initiatives, we were keen to increase our commitment to the customers in the Small commercial vehicle segment. Our endeavour is to provide utmost convenience and seamless service to our customers through these doorstep services, which have otherwise been lacking for the customers in this segment. We shall continuously enhance our value proposition to our customers for a long term relationship. Going forward we are confident that such initiatives will chart a new path for the industry.”
Manned and operated by the company’s authorized dealers across the states, this facility will provide service and spare parts solutions to the customers at their door step, to reduce the time and effort taken to travel to the service centers. These mobile vans will travel in a fixed and specified route every day, to ensure that the customers get a reliable support from Mahindra, for their livelihood earning vehicles, anytime and anywhere they need assistance.
Further, the company also intends to launch this initiative across the country, to assure its commercial customers of a reliable after sales support.
About The Mahindra Group
Mahindra embarked on its journey in 1945 by assembling the Willys Jeep in India and is now a US $7.1 billion Indian multinational. It employs over 1,00,000 people across the globe and enjoys a leadership position in utility vehicles, tractors and information technology, with a significant and growing presence in financial services, aerospace, after-market, real estate, hospitality, logistics. The Mahindra Group today is an embodiment of global excellence and enjoys a strong corporate brand image. The Group recently unveiled its new brand positioning – Mahindra Rise.
Mahindra is the only Indian company among the top tractor brands in the world. It is today a full-range player with a presence in almost every segment of the automobile industry, from two-wheelers to UVs, SUVs and CVs. Mahindra has acquired a majority stake in REVA Electric Car Co Ltd. (now called Mahindra REVA), strengthening its position in the Electric Vehicles domain.
The Mahindra Group expanded its IT portfolio when Tech Mahindra acquired Satyam Computer Services, now known as Mahindra Satyam.
Its flagship company Mahindra & Mahindra Limited has recently earned the distinction of being the only Indian automobile manufacturer to feature in the top 10 list of the Carbon Disclosure Leadership Index in India - 2010, created by the Carbon Disclosure Project (CDP). CDP is an independent not-for-profit organization holding the largest database of primary corporate climate change information in the world.
For further information, please contact:
Atul Malikram
9827092823
   

Tuesday, February 15, 2011

Mahindra launches India’s Most Affordable 4-wheeler Compact Cab – GIO




Mahindra launches India’s Most Affordable
4-wheeler Compact Cab – GIO

Priced at Rs. 1.95 lakh (ex showroom Bihar, BS3)

·        Set to redefine last mile public transportation across India, with driver + 6 seating configuration.
·        Competitively priced at Rs 1.95 lac (Ex-Showroom Bihar, BS3) & 30 kmpl fuel efficiency
27% higher earning as compared to 3-wheelers
·        Equipped with modern styling, car like comfort and safety features
                                                                                                                        
February 14 2011, Patna: Mahindra & Mahindra Ltd., a part of the US $7.1 billion Mahindra Group, today announced the launch of the Gio Compact Cab, its next generation passenger cab, in Patna.                                          India’s most affordable 4-wheeler Cab has been developed to change the face of intra-city stage and contract carriage travel in India. Equipped with modern & trendy looks, style, design, technology and offering carlike comfort, the Gio Compact Cab is competitively priced at Rs. 1.95 lac (Ex-Showroom Bihar, BS3).

The Gio Compact Cab brings all the advantages of a 4-wheeler within reach of the 3-wheeler customer. With the tagline ‘Jiyo Nain Andaaz Main’, the Gio Compact Cab offers the status, comfort and safety of a 4-Wheeler with 27% higher earnings than 3-Wheelers.

A product which will roll out of Mahindra’s plant at Haridwar, the Gio Compact Cab comes with features and build quality otherwise unseen amongst vehicles in the same price category in India. It is the only 4-Wheeler vehicle which can accommodate six passengers other than the driver (D+6). With a 30 kilometre per litre mileage (under standard conditions) plus more passengers per trip, the Gio Compact Cab offers consumers more trips resulting in 27% higher returns than 3-Wheelers. In addition to the trendy styling of the vehicle, the appeal and interiors of the compact cab are a benchmark within the industry.

Speaking on the launch of the Gio Compact Cab, Mr. Vivek Nayer, Senior Vice President, Marketing, Mahindra & Mahindra Ltd., said, “In keeping with our endeavour of offering first of its kind innovative products, we have launched the Gio Compact Cab today. Its development is a result of extensive consumer insight and market study to understand the latent and expressed need gaps of the customer. It is an ideal vehicle for travel intra-city in the stage and contract carriage segment and I am confident that it would be nothing less than a Game Changer for last mile public transportation in times to come.” 

Mr Nayer further added,“ The Gio Compact Cab will not only change the way people look at urban-rural connectivity, but will also redefine specific use in areas like the school children movement segment within tier 2 and tier 3 towns of India.  In addition, other segments which will find our vehicle extremely useful include large campuses, resorts and factories that have transportation requirements within their own premises. The Gio Compact Cab has undergone rigorous test runs and has been validated on all requisite parameters and is supported by Mahindra’s service network, which is one of the largest and spread across the country’.



For further information, please contact:
Atul Malikram
9827092823