Saturday, April 21, 2012

Transglobal Inland Container Services starts operation at Thrissur District.

  • First Cargo with Food products stuffed Container left for ICTT
Transglobal Inland Container Services located at NH-17, Mathilakam, Thrissur District have
sent the first consignment of food products to International Container Terminal, Vallarpadam on
21st March 2012. The export consignment belong to Global Exporter, Thrissur to load on to
Vessel : MV.Rajiv Gandhi at ICTT.
The first container of export cargo flagged off by senior cine artist Mr.Janardanan in the
presence of Mr.M.A.Nazer, Chairman, Mr.N.S.Ramachandran, Mr.M.A.Habeeb
Director, Mr.Ramesh Menon, Director of Transglobal and Mr.Suresh.K.A.Nair CEO of
Waterways Logistics India Ltd. Mr.Krishnadas CEO of D.P.World, Mr.Sumesh Padpanabhan,
Head of operation, Mr.Rajeev Menon
Mr. Nazer, Chairman, Transglobal, while announcing the opening of ICD facility in Mathilakam
with modern infrastructure, said that this new facility would offer quality and excellent services
for handling and temporary storage of both import and export bound, laden or empty containers,
carried out under the Customs control. He further stated that their warehousing capacity is
50,000 Sq. Ft. and with necessary modern handling systems of fork lifts and Reach stackers,
and also installed a customer friendly environment by providing Electronic Data Interchange
(EDI) systems network at their premises, he said. A separate facility of office space is also
provided for CHAs and steamer Agents, he said.
Mr. Nazer also said that they established a single window system that includes all customs
formalities inside ICD to cater to the smooth transition at ICTT Vallarpadam. He said the
International Container Terminal will get further strength and support from this ICD facility,
offering the trade fast and safe Transporting and also requested the trade to utilize this
opportunity for their benefit.
Mr.N.S.Ramachandran IRS (Retd.) CEO, Transglobal, said that Transglobal ICD is being
promoted with an investment of Rs.55 crores and being a total logistics operator, the ICD is
specialized in transport, warehousing and network operations, providing top class and
comprehensive services- all under one roof. He also said that the ICD operations of group
supported by a full fledged skilled team of dedicated people with all the latest infrastructure
facilities. With the commencements of ICTT operations at Vallarpadam, the group has already
received invitations from various international companies to join hands for international
shipping and logistics support, he said.

Thursday, April 19, 2012

Honda Introduces the All-New, Completely Redesigned 2012 CR-V

Innovative features, new Real Time AWD and dynamic new looks set to wow customers

16 April 2012 - Dubai, UAE –
The all new fourth generation CR-V debuted today at a press conference hosted by Honda Motor Co.
(Middle East Office). Set to go on sale from 16 April, the new CR-V will be available for customers in
GCC and Near East in 3 different grades* –LX, EX and EX-Leather.

Globally, the CR-V has been recognized as a pioneer of compact SUV. Since its first launch in 1996,
over 5 million CR-V’s have been sold today which amply proves its global appeal in terms of design,
quality, refinement and popularity. Building on this solid reputation, the all new CR-V now enters into
its 4th generation with enhanced exterior aesthetics, car like interior comfort, innovative features
and a smoother & quieter ride; and is designed to offer urban sophistication and exceed customer
expectation of a 5-seater compact SUV.

Exterior Style and Design Concept
The previous generation CR-V’s refined styling, size and proportions contributed a lot to its success
since its launch in 2006.
Compared to the previous-generation CR-V, the 2012 model takes on a more aggressive and
aerodynamic stance with deeper sculpting of the bodylines and a bolder front fascia. The front
bumper's smooth-flowing lines are highlighted by a horizontal three-bar grille and deeply set multi-
reflector headlights. The lower front bumper wraps smartly upward to convey SUV capability with
a generous approach angle, while the lower front bumper design with fog lights (only for EX & EX-
Leather grades) now integrates more smoothly with the fascia for improved aerodynamics. The CR-V's
signature vertical rear brake lights have a more three-dimensional style that further compliments the
design and aerodynamics of the vehicle. The CR-V's large alloy wheels (17” for LX grade and 18” for EX
& EX-Leather grade) and bold fender flares emphasize the vehicle's dynamic presence and capability.
Adding to the sleekness of exterior styling is the Shark fin antenna.

The Honda CR-V offers a modest increase in passenger and cargo volume. It also offers a more car-
like driving position compared to the previous generation CR-V. Inside the CR-V, every tactile surface
viz., interior door handles, steering wheel, etc. are designed to be pleasing to the touch—and easy to
Fabric upholstery is standard in the LX grade, while the EX has upgraded fabric with a suede-like feel.
The EX-Leather grade has standard leather upholstery.
All put together, the CR-V offers a smart package which blends form and function like no other vehicle
in the class.
• The controls and instrumentation of CR-V has a "smart interface" between the vehicle and

the driver that requires minimal driver eye movement. The steering wheel mounted controls
allows the driver to operate a range of features without taking their hands off the wheel, thus
avoiding potential distractions.
• For new CR-V, the Bluetooth® HandsFreeLink® phone interface is standard on EX and EX-
Leather, and offers intuitive hands-free calling convenience.
• Available on EX & EX-Leather grades, the color "intelligent" Multi-Information Display (i-MID)
positioned high in the central part of the instrument panel within the driver's line of sight.
The 5-inch TFT color display screen of i-MID shows a multitude of information like, audio track
titles, fuel economy information, Bluetooth® HandsFreeLink® information, personal wallpaper
and warnings such as door ajar and parking brake.
• Air-conditioning is a standard feature for CR-V. The conveniently located AC vents for front
seats and rear seat allows efficient climate control inside the cabin. The LX grade has a manual
control and EX and EX-Leather grades have automatic dual-zone controls.
• A green ECON button to the left of the steering wheel if switched on changes several operating
characteristics of the vehicle to enhance fuel efficiency.
• The generously sized front console has a large 10.8-liter central storage compartment, and the
sliding cover keeps contents out of view. 3 cup holders and a small storage tray are positioned
at the front of the console within easy reach. Compartments in the side of the console and
dual storage compartments in each door panel provide additional space for small items. The
front doors also include bottle holders. In the rear seating area, a flip-down center armrest
includes 2 cup holders.
• The CR-V is designed to offer cargo capability to suit the needs of active owners. Compared to
previous generation, the new CR-V has gained cargo space behind the rear seats (up from 35.7
cubic ft. to 37.2 cubic ft.). For easier loading, the CR-V's lift-in height and cargo floor has also
been lowered by 20 mm, making it among the lowest cargo floors in the class. For maximum
cargo capacity, the Easy Fold-Down 60/40 Split Rear Seat can be quickly lowered, creating
a nearly flat load floor. The CR-V also includes a retractable cargo cover that can hide items
stored in the cargo area behind the second-row seats.

Engine and Transmission
The all new CR-V is powered by a 2.4L, DOHC, in-line 4 cylinder gasoline engine that produces
max. power of 188 HP @ 7,000 rpm - up by 20 HP compared to the previous generation. And max.
torque is 22.6 kg-m @ 4,400 rpm. A host of innovative features are designed to deliver a cutting-
edge combination of performance, fuel efficiency, and low emissions. Most apparent is the i-
VTEC "intelligent" valve-control system – which results in good fuel economy and low exhaust
The 5-AT gearbox works in conjunction with the engine's Drive-By-Wire™ throttle control to smoothly
shift between gears. The new Real Time AWD with Intelligent Control System debuts on the 2012 CR-
V and is available to help provide traction in low-grip driving conditions. Compared to the prior 4WD
system, the electronically activated AWD system offers a faster, more intuitive initial response when a
loss of traction is detected. It also reduces weight and minimizes internal friction and help to minimize
the negative impact on fuel economy inherent to virtually all four-wheel-drive systems.

Body and Chassis
Significant improvements to body and chassis of new 2012 CR-V improve interior quietness and ride
quality compared to the previous model.

The 2,620 mm wheelbase, wider track dimensions, independent suspensions, and features such as
VSA® and new Motion-Adaptive Electric Power Steering (EPS) all contribute to the CR-V's objective
to provide a premium driving experience. The compact multi-link rear suspension helps maximize
second-row seating and cargo space, while also providing outstanding handling characteristics and
ride quality.

The new CR-V is equipped with a host of standard safety features unmatched by any other vehicle in
its class. These include:
• Advanced Compatibility Engineering (ACE) body for enhanced occupant protection and crash
compatibility in frontal collisions.
• Front hood with features to mitigate pedestrian injury in case of a frontal collision.
• Front seats that help mitigate the severity of neck injuries in the event of a rear impact.
• Vehicle Stability Assist (VSA®) enhance control capability while the vehicle is accelerating,
braking, cornering or when the driver makes a sudden maneuver.
• Brake Assist feature that helps shorten braking distance.
• Advanced 4-Channel ABS with Electronic Brake Distribution.
• Advanced front airbags (SRS) system for driver and front passenger incorporate dual-stage and
multiple-threshold activation technology. In addition, the front passenger's seat is equipped
with the Occupant Position Detection System (OPDS) that deactivates the side airbag if a child
(or small-stature adult) leans into the side airbag deployment path.
• Side airbags for front seats are available for EX-Leather grade.
• Side curtain airbags with rollover sensor system, are available on EX-Leather grade.
• Hill Start Assist.
• ISOFIX provides a simple and convenient method to install compatible child safety seats in a
• Three-point seatbelts are standard for all seating positions. The front seatbelts are equipped
with automatic tensioners and load limiters to help minimize injury potential in a frontal

An expressive color choice is available for 2012 Honda CR-V models. These include – Twilight Blue
Metallic (new color), Alabaster Silver Metallic, Crystal Black Pearl, Polished Metal Metallic, Basque Red
Pearl II, White Diamond Pearl and Urban Titanium Metallic.
All grades of CR-V come with beige color interior as standard.

The 2012 Honda CR-V is covered by a 3-year/100,000-km new-car limited warranty.

Please check with your local dealer/ distributor for the available grade in your country.

Emirates Aviation College Educates for Careers on the Ground and in the Skies
New programmes offered in Aviation Safety & Security, Engineering Management, Transport Management & Logistics and in commercial pilot license certification
DUBAI, UAE – 19 April 2012  Emirates Aviation College, the institution of choice for higher education in Aviation Studies in the MENA region, introduces four new education programmes; fulfilling aviation related career goals both in the air and on the ground through quality, industry recognised education and training programmes. The four new programmes support the critical functions of Safety & Security through an MSc in Aviation Safety/Security, Management by offering a MSc in Engineering Management and Higher National Diploma in Transport Management & Logistics, as well as  addressing  the  need for commercial pilots through the, EASA Licensed Pilot Training ATPL programme.

Emirates Aviation College is committed to constantly offering new and industry-relevant programmes. The new programmes come at a time when the demand for qualified safety and operations staff is expanding globally. Presented in collaboration with Jeppesen, the EASA Licensed Pilot Training programme was created to specifically address the need for commercial airline pilots in the coming decade. Industry studies show that an average of 23,000 additional pilots are needed per year over the next 20 years to fulfil the demands of air travellers and the growth of airlines worldwide. 

These programmes add to the already expanded course degree / certificate offerings which include: MBA in Aviation Management; Bachelor degrees in Aerospace Technology, Avionics Technology, Aeronautical Engineering, Aviation Management and Applied Business; Diplomas and Higher Diplomas in Aerospace Engineering, Electronics Engineering and Computing, Computing Software Development, Business Management and Tourism Management.
“It is via our direct cooperation with the aviation industry, and through unique training programmes with Emirates, that the Emirates Aviation College can adapt its programmes to fit the future needs of the industry,” said Dr. Ahmad Al Ali, Vice-Chancellor, Emirates Aviation College. “Our variety of degree programmes address our student’s needs – from those direct from high school to students who combine full-time employment with their studies - Emirates Aviation College sets the standard for enhancing Dubai’s growing status as the centre of the aviation excellence in the MENA region.” 
The Emirates Aviation College provides candidates interested in aviation studies two opportunities to explore educational careers with the College. First, the College is present at GETEX (the Gulf Education and Training Exhibition) from 19-21 April, where prospective students will have the opportunity to learn about the course offerings and speak directly to the faculty. Additionally, Emirates Aviation College will host an Open Day for the public on Saturday, 28 April, where prospective students and their families may visit the campus and experience first-hand the diversity of the programmes offered.

Tuned for your dream tour: The new 2012 BMW Bike collection.

Cycle paths and single tracks will be more vibrant this summer thanks to the fresh colour combinations of BMW’s 2012 bikes. The BMW Cruise Bike and Mountainbike Enduro will have a hip new design with exciting colour accents. Alongside the Touring Bike, the Mountainbike Cross Country and the BMW M Carbon Racer Bike, the new BMW bikes promise lots of fun for any kind of rider. A technical update guarantees the premium quality of a genuine BMW. All BMW bikes benefit from a 60-year tradition of BMW engineers applying their automotive expertise to bicycles. BMW bikes are built by people who love the roads and the woodland trails.

First-class technology.

The 2012 BMW Mountain bike Enduro doesn’t make compromises – it makes you smile. BMW engineers gave the off-road bike an improved frame, and that’s another thing that makes BMW bikes special – the frame doesn’t use any mass-produced components; everything on it is developed in-house. Great handling and customisable settings give every climb and descent maximum comfort and superlative safety – proved by independent testing facilities that subject BMW bikes to tests that go way beyond the usual standards. A Crank Brothers wheel set gives the 2012 Enduro better stiffness and improved downhill characteristics. And all this is combined with an extraordinary design. Parts of the spokes are bright green, giving the bike a fabulous appearance, especially when it’s on the move. Green appears again on the saddle. The rest of the bike is metallic black to provide a striking contrast.

Exciting bikes in exciting colours.

The 2012 BMW Cruise Bike is a unique invitation to enjoy life on two wheels. Even on grey, rainy days the colourful new Cruise Bikes make paths and parks glow. The wheel set is a real eye-catcher: the combined radial and crossed spoke pattern combines superior stability and great looks. The rims of all the silver Cruise Bikes have a colour strip that is echoed on the handlebars and saddle. The new colour combinations pure silver and fresh green, luscious berry and radiant orange give the bikes a distinctive look. There are also Cruise Bikes in trendy white – either pure white or white with blue accents. Twenty-seven speeds and a fully adjustable stem give riders complete flexibility on tour. Rounding off the BMW bike lineup are the excursion-friendly 2012 BMW

Touring Bike; the versatile, sporty 2012 BMW Mountain bike Enduro; the fast moving BMW M Carbon Racer; and the Kidsbike for the littlest riders. All 2012 BMW Bikes and matching bike equipment are available at selected BMW dealers and on the internet at

ikoo releases ABC audit results on network traffic and reach

Independent verification confirms online network’s success

Dubai, United Arab Emirates: ikoo, an integrated digital marketing solution provider with the

largest reach in the Middle East and North Africa has announced the results of its ABC audit in

a move that comes as the company continues its commitment to transparency. ABC, the Audit

Bureau of Circulations, is a widely trusted industry body for media measurement.

The audit confirms ikoo’s advertised reach and traffic numbers. As per the audit results, ikoo’s

web traffic stood at 23,380,743 unique visitors for the month of November 2011, while page

impressions, or the total number of pages with ads on them, were at 362,913,121 the same


Likewise, according to Effective Measure - an independent tool that measures the size of the

viewers for certain websites – ikoo has the highest amount of viewers among other networks

in the MENA region. Ikoo attracts 25 percent of the total browsers in Middle East and North

Africa. Moreover, by attracting 52 percent of the female browsers, ikoo boasts the highest

number of users visiting its lifestyle related sites. Similarly, 1 out of 3 visitors interested in

Travel, and 1 out of 4 users interested in Business & Finance, visit at least one of ikoo’s sites,

making it the most visited network in the region.

“ikoo is committed not just to offering the best portfolio of audience reach, brand engagement,

user response and performance tools to advertisers and publishers via its network, but also to

complete transparency. The verification of our traffic numbers by a trusted third party allows

our customers, advertisers and business partners to have complete trust in our products and

services,” said Mr. Isam Bayazidi, CEO, ikoo.

The ABC audit is conducted at random twice yearly in order to offer a representative snapshot

of monthly operations and reach. Traffic numbers are confirmed and updated accordingly for

specific months.

“ikoo’s mission is to be a leader in serving advertisers by offering reliable, unique and valuable

digital marketing solutions. Our integrated solutions combine products and specific audience

targeting strategies within our network, and the ABC audit figures testify towards the viability,

reach and discernible results offered by our product portfolio,” added Bayazidi.

Super-Max celebrates success in style and with glamour

Partners from over 140 countries converge in Ras Al Khaimah to attend the
Super-Max Global Convention

Dubai, April 19, 2012: Super-Max, the leading global razor brand, welcomed its patrons and

partners from over 140 countries to a glittering and memorable event to celebrate their business

success in the last year. The evening also marked the culmination of Super-Max’s Global


The event, held at Hilton Resort, Ras Al Khaimah, was attended by distributors, partners, Super-

Max employees from all around the world.

Commenting on the event, Mr. Rocky Malhotra, Chairman, Super- Max, said: “It is a great

honour for Super-Max to host and bring together all our international partners to the UAE.

We thank everyone who has been a part of the company’s success and expansion. Our

management team, employees and our partners have all been imperative to our success.”

“This event is a wonderful opportunity for us to welcome our partners from around the world to

a country that has become a shining dot on the global map. The authorities’ support has been

unparalleled, giving us a great platform for growing our business and taking it to new heights,”

Mr. Malhotra added.

The event also marked Super-Max’s dazzling global annual awards dinner ceremony, in which

partners and employees were honoured for their contribution in the Super-Max’s success. The

evening also saw the unveiling of Super-Max’s line-up of products for 2012, many of which are

industry first.

Mr. Ajay Bindroo, Group CEO, Super-Max, said, “This event is the celebration of the support we

have received from our distributors globally. The true catalyst of our success is our diligent team

based across the world working relentlessly to realize our promise and commitment towards our


“Innovation and quality have been the hallmark of Super-Max. We will continue to lead the

industry with our innovative products that would set new benchmarks,” Mr. Bindroo added.

AUDI AG acquires sports motorcycle manufacturer Ducati Motor Holding S.p.A. • •

Chairman Rupert Stadler: “As a sporty, global premium brand, Ducati is
an excellent fit for Audi.”
Third pillar for AUDI AG in Italy
Ducati a leading player in engine technology and lightweight construction

Ingolstadt/Bologna, April 19, 2012 – AUDI AG is acquiring from Investindustrial
Group the tradition-steeped Italian sports motorcycle manufacturer Ducati Motor
Holding S.p.A., which has its registered office in Bologna. The transaction will be
completed as quickly as possible once authorized by the competition authorities.
The Supervisory Boards of AUDI AG and Volkswagen AG approved the acquisition
yesterday (18 April) in Hamburg. Ducati is known worldwide as a leading brand in
motorcycle manufacture, with outstanding expertise in engine development and
lightweight construction.

Alongside the traditional Italian brands Lamborghini and Italdesign, Ducati is now a
third pillar for AUDI AG in Northern Italy. Another building block in the Company’s
growth strategy thus falls into place. Rupert Stadler, Chairman of the Board of
Management of AUDI AG, declared: “Ducati is known worldwide as a premium
brand among motorcycle manufacturers and has a long tradition of building sporty
motorcycles. It has great expertise in high-performance engines and lightweight
construction, and is one of the world’s most profitable motorcycle manufacturers.
That makes Ducati an excellent fit for Audi.” The progressive control systems and
special combustion chamber process of Ducati engines, their resulting sporty
character, and Ducati’s extensive know-how in lightweight construction thus offer
great potential for AUDI AG and the Volkswagen Group.

Peter Mosch, Chairman of the General Works Council of AUDI AG, explains that
the employee representatives of AUDI AG support the Company’s sustainable,
codetermined growth strategy. “We must use the opportunities offered by
globalization for Audi – and that’s exactly what we’re doing. Everyone at Audi


is looking forward to working with our new colleagues from Ducati,” commented

Ducati is a globally active company and has manufacturing operations at its
headquarters in Bologna and at its own factory in Thailand. It maintains a series of
importer companies in strategic markets. Experts predict that the motorcycle market
will enjoy strong growth over the next few years, especially in Asia. In 2011, Ducati
sold around 42,000 motorcycles and generated revenue of some €480 million,
employing around 1,100 people.

The company was founded by Adriano and Marcello Ducati in Bologna in 1926.
Known originally as Società Scientifica Radiobrevetti Ducati, it initially built parts for
radios. It ventured into the manufacture of motorcycles in 1949.

Ducati has been actively involved in motorcycle racing for many decades through its
racing division Ducati Corse. Its racing activities are currently focused on the Ducati
official factory team in the MotoGP class of the Motorcycle World Championship
and in the Superbike World Championship, supporting competitive private teams.
Ducati won the manufacturers’ championship in this latter class 17 times in 21
championships and the pilots’ 14 times.

Audi to build production plant in Mexico, maintaining its drive for internationalization

Supervisory Board welcomes plans for Audi plant in Mexico
Rupert Stadler, Chairman of the Board of Management of AUDI AG:
“Excellent basis for sustainable growth”
General Works Council Chairman Peter Mosch: “Stepping up production
capabilities guarantees capacity utilization of main plants”
Exact Location to be selected later this year – production to begin in 2016

Ingolstadt, April 19, 2012 – The decision has been made: AUDI AG Board of
Management and Supervisory Board of AUDI AG approved plans to build a
North American plant in Mexico. The exact location for the new plant, which will
manufacture an SUV model starting in 2016, will be chosen by AUDI AG later this

“As an established carmaking location, Mexico offers an excellent economic basis
for Audi production operations,” declared Rupert Stadler, Chairman of the Board of
Management of AUDI AG. Mexico is one of the world’s top ten automotive locations
and offers a blend of tradition and experience. The group parent Volkswagen
already has an automotive plant in Puebla and an engine plant in Silao. “Good
infrastructure, competitive cost structures and existing free trade agreements played
a significant role in the choice of Mexico,” emphasized Stadler. “This trailblazing
move will help us safeguard our position on the world market. Our German
locations, too, stand to benefit from it.”

“The new plant will become a fully fledged member of the Audi production network
and will implement the very latest standards in terms of resource efficiency and
production processes,” stated Frank Dreves, Member of the Board of Management
of AUDI AG for Production. “Audi is all about premium quality no matter what the
location.” Following on from the policy decision, the next step will be to conduct


a detailed examination of various locations in Mexico. AUDI AG aims to choose
the exact location within the course of the year. “The factors that we will take into
account include not just the specifics of the real estate and its logistical links,”
emphasized Thomas Sigi, Member of the Board of Management of AUDI AG
for Human Resources. He also cited quality of life as a decisive criterion. “It is
important for us to be able to find well-qualified employees there,” continued Sigi,
referring to the need for an effective infrastructure of schools and universities.

Peter Mosch, Chairman of the General Works Council of AUDI AG,
added: “Stepping up production capacity safeguards our growth and at the same
time guarantees the capacity utilization of the main plants, which we envisage
will increasingly take on the role of lead plants for our technologies. That means
developing modern production methods and strategies, using new materials
and joining technologies, and addressing the field of electric mobility. For the
employees, this offers attractive, secure jobs and additional career prospects. An
employment guarantee will also be agreed.”

“It will be possible to supply customers worldwide with cars built in Mexico to
Audi’s renowned standard of quality,” said Peter Schwarzenbauer, Member of
the Board of Management of AUDI AG for Marketing and Sales, emphasizing the
importance of an international presence for international success. Schwarzenbauer
added: “In launching production operations in Mexico, Audi will enhance its own
competitiveness and move significantly closer to its sales target of two million units
per year by 2020.”

DM to penalize offenders of public cleanliness in commercial areas

Waste management department of Dubai municipality has launched an awareness campaign aimed
at educating the individuals and shops in the commercial areas in Deira about the penalties for the
violations under the Local Order No. 11 of 2003 concerning the wrong practices in public places.

Eng. Abdul Majeed Al Saifaie said that according to the local order people or institutions who
commit offences such as the throwing wastes, selling or spiting the betel on the road will be
penalized in order to protect the public cleanliness and health.

“The penalty will be implemented only after successful execution of awareness programmes
designed by the civic body,” he said.

In preparation to the implementation of the order, a voluntary team from municipal employees has
been formed to take care of awareness activities in the Deira.

Schneider Electric Announces PowerStruxure for EcoStruxure Solutions

Offers Wide Array of Complete Power Management Solutions that
Integrate Seamlessly into EcoStruxure Architecture

Dubai-UAE: 19 April, 2012 – Global energy management specialist Schneider Electric today
announced the Middle East release of PowerStruxure, a comprehensive family of power
management solutions for industry, buildings, data centers and other large energy users.
PowerStruxure is a key sub-system that contributes to EcoStruxure’s promise of saving up to 30
per cent of capital and operational expenditures (capex and opex).

Combining hardware, intelligent software, as well as communication devices and protocols in
an optimized reference architecture, PowerStruxure solutions deliver increased operational
and cost efficiency while simultaneously improving power quality and reliability. PowerStruxure
solutions empower stakeholders through unifying all aspects of power management such as
finance and operations, in addition to facilitating strategic management through one or multiple

PowerStruxure is a tested, validated and documented solution that delivers the intelligence
needed to support a complete EcoStruxure energy and management architecture, from
the shop floor to the boardroom. The entire PowerStruxure range is designed to leverage
companies’ current investment in their existing systems through active, real-time monitoring
and control of power infrastructure and energy use across facilities. Schneider Electric’s new
solution provides customers with configured solutions to consolidate all required energy-related

Commenting on the new solutions, Goktug Gur, Country President – UAE & Oman, Schneider
Electric, said: “Businesses run on energy, which generates a significant impact on the bottom
line. Today’s economic and environmental challenges are increasing, and organizations are
taking a very close look at the purchase and use of energy in their facilities.

“PowerStruxure goes beyond traditional energy management parameters and aligns power
and business strategies to offer tools that help electrical and site managers understand the
true drivers behind efficiency, reliability and costs. In turn, this helps corporate finance officers,
energy program directors and facility or plant managers to collaborate on decisions, and share
best practices that will sustain savings and maximize productivity.”

As a key sub-system of EcoStruxure, PowerStruxure supports and integrates easily into
its comprehensive energy management strategies. Solutions are highly scalable, allowing
customers to take advantage of modular components to add to or upgrade systems as required.

It integrates power data from across the enterprise, capturing power quality events, filtering and
correlating them to help personnel quickly isolate conditions that may be a risk to reliability and
cause production disruptions or equipment damage.

EcoStruxure integrated system architectures are supported by StruxureWare software, helping
companies drive business performance while conserving enterprise resources, delivering
maximum enterprise efficiency from shop floor to top floor. StruxureWare is an open and
scalable software platform, ready to expand to complementary functions as companies’
efficiency needs grow.

StruxureWare incorporates seven key functions, and PowerStruxure software provides two
of these – ‘Power Availability’ to control facilities in real time at the site level, and ‘Energy
Management’ to optimize all energy (water, air, gas, electricity, steam) across multiple sites.

The software and suites help companies drive business performance while conserving
enterprise resources, delivering maximum enterprise efficiency from shop floor to top floor.
StruxureWare is an open and scalable software platform, ready to expand to complementary
functions as companies’ efficiency needs grow. The first software suite, StruxureWare for Data
Centers, was introduced in June 2011 and other StruxureWare suites for Buildings and Industry
will be introduced during 2012.

About Schneider Electric
As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers
integrated solutions across multiple market segments, including leadership positions in Utilities & Infrastructures,
Industries & Machine Manufacturers, Non-residential Buildings, Data Centres & Networks and in Residential.
Focused on making energy safe, reliable, efficient, productive and green, the Group’s 130,000 plus employees
achieved sales of 22.4 billion euros in 2011, through an active

Monday, April 16, 2012

Federal Bank hikes interest rate on Term Deposits

April 03, 2012: Federal Bank has hiked the rate of interest on both Resident and NRE Term deposits for a period of 1 year to 10%. 

The rates of interest for resident deposits of other maturity periods are as follows:  7 days to 45 days - 5.00%, 46 days to 180 days - 7.00%, 181days to 199 days - 8.50%, 200 days - 9.50%, 201 days to less than 1 year - 8.50%, above1 year to less than 3 years - 9.50%, 3 years and above - 9.25%.

The rate of interest for NRE Term Deposits for a period of 1 year to less than 3 years is 9.50% and for a period of 3 years and above is 9.25%.

Senior Citizens are eligible for additional interest of 0.50% on resident term deposits.

The above rates are effective from 03.04.2012.

Hexaware streamlines Indroyal’s operations with Oracle® E-Business Suite Release 12 rollout

Mumbai – April 16, 2012: Hexaware Technologies Limited, a leading global provider of IT,
BPO and consulting services has announced that it has recently entered into an agreement
with the Indroyal Group, a renowned furniture manufacturing, marketing, trading and
exporting company to implement a solution that would enable them to achieve an end to end
view of all business and help drive performance with consistent financial information.
Indroyal furniture required an integrated financial, supply chain and manufacturing system
that would allow them to control the movement of stock, automate process integration,
support cross-functional expansion, address financial planning needs, and thereby,
strengthening their position for the future. To meet this business need, Hexaware proposed
the implementation of the Oracle E- Business Suite Release 12. This would enable operational
improvements with superior control over production, inventory and streamlining Quality
Control processes, better synchronization of production output and efficient process
management across a chain of 16 Company owned outlets, 40 Dealer networks and
manufacturing plants spread throughout South India. Redington’s Enterprise SBU team,
handling Oracle Applications, identified this opportunity as a part of their Value Added
Distribution Efforts.
“This solution will provide us with flexibility, automation, accuracy and an effective control in
distributing costs, revenues and streamlining other metrics across the enterprise. Hexaware’s
strong domain expertise, ERP implementation experiences and solution fitment for the
manufacturing industry proved to be a strong determinant for this association.” said CA Anil
Balakrishnan, CEO, Indroyal Furniture.
Successful implementation of the solution will help ensure planning and production activities
across plants, online information sharing, consolidation of financial statements, elimination of
multiple books of accounts, centralized procurement, financial planning, and security and
control at various levels.

“While the current engagement encompasses deployment of multiple modules of Oracle EBusiness
Suite Release 12, we are leveraging our strong manufacturing skillsets, our vast
repository of Intellectual Property (IPs) Assets and our proprietary solution accelerators in the
ERP space to ensure speedy implementation and through this process, add value to our
customer.” said Moorthi Chokkanathan, Executive Vice President and Global Head,
Enterprise Solutions, Hexaware Technologies Limited.

Hexaware is Platinum level member of Oracle Partner Network (OPN).

About Indroyal Group

Established in 1997 Indroyal offers its customers a wide array of unique furniture selections
that blend in with any kind of lifestyle. This rapidly growing group has factories based in
Tenkasi, Tamil Nadu and Kinfra Park, Trivandrum. The three factories combined cover a total
area of 1, 25,000 sqft, sprawling over 100 acres. The group maintains an exclusive Export
Oriented Unit (EOU) at the Kinfra Park Factory in Trivandrum. For more information about the
Company log on to

About Hexaware

Hexaware is a leading global provider of IT & BPO services and consulting. The Company
focuses on key domains such as Banking, Financial Services, Insurance, Travel,
Transportation, Life Sciences and Healthcare. Our business philosophy, “Your Success is Our
Focus”, is demonstrated through the success we ensure for our clients. Hexaware focuses on
delivering business results and leveraging technology solutions by specializing in Business
Intelligence & Analytics, Enterprise Applications, Quality Assurance and Testing, Remote
Infrastructure Management Services and Legacy Modernization. Founded in 1990, Hexaware
has a well-established global delivery model armed with proven proprietary tools and
methodologies, skilled human capital and SEI CMMI-Level 5 certification. For additional
information logon to

UTI-Opportunities Fund declares tax-free dividend of 9%

UTI-Opportunities Fund declares tax-free dividend of 9% (Rs.0.90 per unit on face value of Rs.10/-). Pursuant to the payment of dividend, the NAV of the dividend option of the scheme would fall to the extent of payout.

The record date for the dividend is April 19, 2012.

All unitholders registered under the dividend option of UTI-Opportunities Fund as on the record date will be eligible for this dividend. Also investors who join the dividend option of the scheme on or before the cut off time of the record date will be eligible for the dividend.

The NAV per unit as on April 13, 2012 was Rs.14.31 under the dividend option.

UTI Opportunities Fund was launched in July 2005 as an open-ended equity scheme. The investment objective of the scheme is to generate capital appreciation and/or income distribution by investing in equity and equity related instruments. The main focus of the scheme is to capitalize on opportunities arising in the market by responding to the dynamically changing Indian economy by moving investments amongst different sectors as prevailing trends change. UTI Opportunities Fund predominantly invests in 4 to 5 sectors that are expected to outperform the broader market in short to medium term.

Mr. Anoop Bhaskar is the fund manager of the scheme.

About UTI Mutual Fund

UTI Mutual Fund is a SEBI registered mutual fund whose Sponsors are State Bank of India, Punjab National Bank, Bank of   Baroda   and Life Insurance Corporation of India.

UTI Mutual Fund is one of the largest mutual fund in India with investor accounts of more than 10 million under its 92 domestic schemes / plans as on March 31, 2012. 

IIM-Kozhikode to Launch Satellite Campus at Kochi

Kozhikode, April 13, 2012: IIM Kozhikode today announced that, the institute is planning to set up a satellite campus at Kochi, primarily focusing on executive education. As the only IIM in the country having an internationally accredited Executive Management Education Program, the proposed campus at Kochi intends to expand offerings of the Institute in this space by starting full time and part time programs targeted at middle and senior level executives.

The satellite campus will be initially housed within Infopark and will focus primarily on executive education – both long term and short term as well as specialized courses for executives of IT sector. Initially, the Satellite centre will be offering one year executive MBA program as well as two year part time programs in addition to a large number of short duration Management Development Programs.  By positioning its Satellite campus focusing on Executive Education in Kochi, IIM Kozhikode is planning to support the growth and development of business and industry in the region.  As the Campus will be located inside the Info-park Kochi, it will directly help the executives at the park to hone their management skills thereby enhancing the competitiveness of Indian IT sector and boost the IT sector growth of the State.

In addition to offering executive training and education programs, the Satellite Campus of IIM Kozhikode at Kochi will also support IIMK’s mission of inclusive education as Institute is planning to incubate a finishing school to offer specialized programmes for people belonging to marginalized sections of the society. This will be done with a view to enhance their skills to enable them to be a part of Indian growth story.  However, this will be taken up once the full fledged campus is functional at Kochi.

The initial facility inside Infopark is expected to be functional by October 2012 and hope to start its offerings before the end of 2012. The Institute also expects to complete the full campus within next three years.