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MetricStream announces the launch of Zaplet

Posted on 22 May 2013 by admin Roha

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Zaplet is a Breakthrough Open Cloud Platform and Partner Ecosystem for Building and Deploying GRC Applications

Mumbai, (GNS) : MetricStream, the innovative Governance, Risk, and Compliance (GRC) solutions provider, announced the launch of its highly-anticipated new offering Zaplet, an open and flexible cloud platform and partner ecosystem that harnesses the power of Platform-as-a-Service to help developers and organizations quickly build, deploy, manage, and even sell a variety of specialized GRC applications. Each app can be designed to have its own unique data models, workflows, content, reports, dashboards, and templates that are tailored to address specific risk management and regulatory compliance requirements.

Through Zaplet, organizations will be able to quickly browse, choose, and purchase certified GRC apps in a seamless manner. They will also be able to collaborate with other customers to share app information and reviews, and provide a rating for each app. In turn, developers will be able to build, market, and distribute their apps with customer demos, free trials, and upgrades. They will also be able to access a wide set of resources in the form of developer kits, training materials, certification programs, and collaboration forums designed for the Zaplet developer community.

“Zaplet represents MetricStream’s commitment to continual innovation and differentiation. We look forward to formally launching Zaplet at the MetricStream GRC Summit 2013,” said Anindo Banerjea, Vice President Engineering at MetricStream. “Across the world, the cloud has opened up tremendous opportunities to collaborate and develop truly innovative and ground-breaking GRC apps. We are so excited to lead this revolution with Zaplet, which harnesses the best of today’s cloud technology and developer community. Organizations, developers, and partners alike can easily and affordably build and sell apps that enable organizations to successfully manage their complex risk and compliance challenges.”

Zaplet was recently recognized at the 2013 GRC Technology Innovation Awards which is hosted by GRC 20/20 Research. Commenting on the awards, Michael Rasmussen, Chief GRC Pundit at GRC 20/20 Research said, “How an organization leverages technology says a lot about the maturity of its GRC approach. What’s exciting is that there is such a diverse range of innovative GRC technologies today. Many are expanding into completely new areas – and that’s what we wanted to recognize through our innovation awards. We received over 57 submissions – out of which MetricStream’s Zaplet emerged as a winner for its ability to deliver “a GRC marketplace” for the exchange of ideas, content, and apps. We are excited to see how Zaplet grows and develops. In fact, we believe that it could be the Force.com of GRC.”

 

 

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Indian Bank Q4 Net down 15.4 per cent at Rs 292.12 crore

Indian Bank Q4 Net down 15.4 per cent at Rs 292.12 crore

Posted on 22 May 2013 by admin Roha

Photo caption : In centre, Indian Bank CMD T.M. Bhasin addressing at Investors'/Analysts' Meet held here on 22nd May 2013. picture by GNS

MUMBAI, ( AJAY RAWAL) : Chennai based, Indian Bank has reported 15.4 per cent fall in net profit at Rs 292.12 crore for the fourth quarter ending March 31, 2013.

The city-based public sector bank’s net profit stood at Rs 345.41 crore during the corresponding period of previous year.

The drop in net profit is due to higher provisioning of the bank for about Rs 390 crore, Indian Bank Chairman and Managing Director T M Bhasin told reporters here today.

 

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ASUS Launches All-in-One PC with Detachable Tablet

ASUS Launches All-in-One PC with Detachable Tablet

Posted on 22 May 2013 by admin Roha

Photo caption : From L 2 R Mr Levis Su-Asus Regional Director-India,South Asia & Middle East, model lady and Mr Vinay Shetty-Country Head-Component Business,Asus India and in right

The world’s first all-in-one that’s both a powerful desktop PC with Windows 8 and a standalone 18.4-inch tablet with Android 4.1

Mumbai ( Ajay Rawal) : ASUS has today announced the launch of ASUS Transformer AiO  in India, the world’s first dual OS (Windows 8 and Android 4.1) All-in-One PC with a detachable display that can also be used as a standalone tablet around the home with a starting price of  Rs. 86,999/-. ASUS Transformer AiO consists of a desktop PC Station with a 3rd generation Intel® Core™ desktop processor for outstanding Windows 8 performance, and a detachable  18.4-inch display with its own NVIDIA® Tegra® 3 quad-core processor for use as a selfcontained tablet with Android 4.1. ASUS Transformer AiO gives users the mobile flexibility of a  tablet with the performance of a powerful desktop PC, all in one compact and stylish package  most suitable for home and office. The device is specifically targeted at home lifestyle buyers, C-level executives, architects, design studios etc.
When detached from the PC Station, ASUS Transformer AiO’s display can be used as two different types of king-size tablet. First, wireless Remote Desktop technology with dual-band WiFi provides complete multi-touch control over Windows 8 on the PC Station for easy access to  popular productivity and entertainment software  around the home. Alternatively, the 18.4-inch  display can also be used as a standalone tablet with Android 4.1, thanks to its built-in NVIDIA®  Tegra® 3 quad-core processor. ASUS Transformer AiO switches seamlessly between operating  systems at the press of a button and has up to five hours’ battery life. The display also features a convenient carrying handle and a folding stand for comfortable tabletop use away from the PC  Station. Dual OS of Windows 8 and Android, as well as the fact that both the desktop and tablet  mode can be used individually at the same time and its remote desktop mode are some of the
salient features of this product.
Mr. Vinay Shetty – Country Head – Component Business,  ASUS (India),told mediapersons,here today that, “ASUS is one of world’s leading organizations who believe in innovation in technology  and ASUS’ top priority is to bring such innovative All-in-One products for Indian consumers and  we have been diligently working towards success on this front. We feel that this device is an  excellent choice for lifestyle buyers and top executives looking for a unique and feature packed  AiO, a desktop solution and a large tablet .We are aiming to lead the market in the niche hi-end
gaming and entertainment PCs segment.”

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Zicom launches “Push Video”

Posted on 21 May 2013 by admin Roha

Mumbai, ( Ajay Rawal  ) :  Zicom Electronic Security Systems ltd  has announced the launch of its latest offering which is  a push video alarm system called ” Push Video”  which allows users to view live incident video on their portable devises.  As reported by Zicom, this alarm system has been designed keeping in mind the safety of working couples, children, senior citizens and can be utilized as a business intelligence tool for retail stores across the country.

Zicom Electronic Security Systems ,Managing Director, Pramoud Rao told mediapersons here today, “ Push Video  takes a step beyond the traditional CCTVs as it provides a real-time alarm system which pushes the actual video feed of any disturbance into any portable device such as a mobile phone or tablet whenever there is a human movement. A user would get an instant and accurate notification with an option to view the real-time video playback to better assess the situation. Another advantage that in new system offers over the conventional CCTV systems is the time saved while accessing the entire footage. With in new technology, pre-alarm footage can be accessed with the touch of a button. ”

” The Push Video Alarm System can detect human movement by utilizing a PIR (Passive Infra-Red) sensor. The product is ideal for those who require remote managed services and a video alarm system rather than just a surveillance tool. In case of an undesirable event, an emergency response will be automatically triggered by inTouch and a copy of the video will be served on the Zicom server. inTouch’s features include easy installation with a Do-It-Yourself set up ,onboard recording with expandable memory up to 32 GB along with an ability to trigger an alarm/hooter remotely. The users of inTouch can receive a 24X7 device-monitoring service by the Zicom Command Centre. It will be available at all Zicom’s business verticals like channel and DST as well as retail chains. The company has also launched a new category called e-SaaS (Electronic  Security as a Service) which is a pioneering effort by the company.It offers “Electronic Remote Managed Service” on an opex model with Business Intelligence, Loss Prevention,Safety and Security bundled with Comfort and Convenience,” Mr Rao added.

Meanwhile, the Zicom SaaS Pvt Ltd, Head Marketing Chief  Cynthia Ghokale said that, ”  Net profit of Zicom Electronic Security Systems rose 43.62% to Rs 2.14 crore in the quarter ended March 2013 as against Rs 1.49 crore during the previous quarter ended March 2012. Sales rose 17.99% to Rs 82.76 crore in the quarter ended March 2013 as against Rs 70.14 crore during the previous quarter ended March 2012.The Company has recorded the sale ratio between 70 per cent for export and 30 perc cent in domestic market.The company has declared the dividend 12 per cent for FY 2013  against 10 per cent in the previous year.”

For the Audited full year,net profit rose 128.17% to Rs 8.10 crore in the year ended March 2013 as against Rs 3.55 crore during the previous year ended March 2012. Sales rose 21.42% to Rs 266.41 crore in the year ended March 2013 as against Rs 219.42 crore during the previous year ended March 2012.

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CENTRAL BANK OF INDIA’S “FIRST WOMEN’S BRANCH” IN BHOPAL

Posted on 21 May 2013 by admin Roha

BHOPAL, ( GNS ) : Central Bank of India’s first Women’s Branch in the State of Madhya Pradesh, situated at Bhopal in Madhya Pradesh, was inaugurated by Shri M.V. Tanksale, Chairman & Managing Director of the
Bank. Addressing a large gathering of customers and citizens on the occasion, Shri Tanksale stated that earlier also the Bank had taken the initiative to establish first ladies’ department in  the year 1924 for the benefit of women.

He also announced that Bank has launched a new  scheme named ‘Cent Kalyani’ for women entrepreneurs. Under this scheme, finance is made  available to units owned and controlled by women entrepreneurs having financial interest  of 51% of the capital, and giving at least 51% of employment generated in the enterprise to  women. Further, the Bank has also set up a ‘Women Entrepreneur Cell’ on the occasion of  International Women’s Day on 8 to women, the bank statement said.

In another programme, Shri Tanksale also launched Bank’s ‘Urban Financial Inclusion’ drive at Imamigate Branch, Bhopal. Speaking on the occasion, Shri Tanksale stated that under the urban financial inclusion programme, the Imamigate branch of the Bank has opened accounts  of general public by holding camps at different places in the city, which is a good initiative.
Free ATM cards have been issued by the Bank to such account holders, enabling them to withdraw cash from their accounts through ATM network. Coin distribution camps were also organized at both the branches for the benefit of general  citizens and customers of the bank, as part of a month long programme drawn up by the Bank for such camps at different centres.

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B Thiagarajan elevated to the Board of Blue Star Limited

Posted on 21 May 2013 by admin Roha

MUMBAI, ( GNS) : Central airconditioning and commercial refrigeration major, Blue Star Limited has announced the elevation of B Thiagarajan as a Wholetime Director of the Company with effect from May 13, 2013.

B Thiagarajan (55) earned a Bachelor of Engineering in Electrical and Electronics degree from Madurai University, India. He completed a Senior Executive Program at the London Business School in 2006. He has over three decades of experience, having worked for L&T, BPL and Voltas prior to joining Blue Star, the company release said.

Blue Star has long been committed to promotion from within its ranks, all the way up to the Managing Director position. The company has had a series of professional employees on its Board of Directors for the last four or five decades, and this has motivated a very large number of high performers to stay on in the company for a large part of their careers. Thiagarajan is one more member of this elite group which also lists the current Managing Director in its ranks.

In his new assignment, Thiagarajan will oversee all manufacturing, marketing, after-sales service and supply chain activities of Packaged and Room Airconditioners, Refrigeration Products and Cold Storages. In addition, he will continue to be responsible for Corporate Communications & Marketing and Public Relations.

Thiagarajan plays an active role in the affairs of various industry forums, and is currently President of the Refrigeration and Airconditioning Manufacturers’ Association (RAMA). He is also a Member of National Council of Agriculture of CII, Chairman of the CII National Task Force on Cold Chain Development, and Executive Committee Member of the Indian Green Building Council.

 

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SIDBI promotes Women Entrepreneurship with support from Japan Government

Posted on 20 May 2013 by admin Roha

Mumbai, ( GNS ): This week,Small Industries Development Bank of India ( SIDBI)  has launched a series of residential training programmes to train officials of Regional Rural Banks (RRBs), Non Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs), apart from its own select officials. The purpose of the training programmes is to make officials of these institutions understand about the enterprise lending to women as also impart them skills in gender sensitization. The training would cover 170 officials in 4 batches from senior, middle and junior level officials. A large number of the officials being trained are themselves women.

For the past 3 months, SIDBI has also been training poor women in financial literacy and imparting skills to run their micro enterprises. SIDBI has, so far, supported 40 such trainings in many cities of Uttar Pradesh, Maharashtra, Madhya Pradesh, Odisha and Rajasthan. Overall, about 1,200 women have been trained under these programmes.  The participants learnt about issues like KYC, fixed deposits, critical factors for enterprise success, business cycle, etc.  From the feedback obtained, these women have understood many concepts not known to them earlier and which would help them in managing the day to day affairs of their businesses.

All the programmes are under a project for ‘Supporting Micro Entrepreneurship for Women’s Empowerment’.  The project is financed by Government of Japan under the Japan Fund for Poverty Reduction (JFPR) which is administered by Asian Development Bank (ADB).  The project covers five States of Uttar Pradesh, Maharashtra, Madhya Pradesh, Odisha and Rajasthan.

The project’s aim is to help low income women entrepreneurs in accessing financial resources, services and market opportunities.  The project also aims to assess existing gender practices of banks, NBFCs, MFIs, etc. and organize specific training.  A monitoring and evaluation mechanism is planned to assess the results of activities under the project.

 

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Exim Bank signs Memorandum of Co-operation with UKTI

Exim Bank signs Memorandum of Co-operation with UKTI

Posted on 20 May 2013 by admin Roha

Photo Caption, (L 2 R) : Mr. Nick Baird, Chief Executive, UKTI and Mr. Vikramaditya Ugra, Chief Executive, London Branch of Exim Bank signed the MOC on in the presence of Union Finance Minister Mr. P. Chidambaram and Mr. George Osborne, Chancellor of the Exchequer, Government of the UK. picture by GNS.

Mumbai, ( GNS) : Export-Import Bank of India (Exim Bank) and UK Trade and Investment ( UKTI)  have signed a Memorandum of Co-operation to promote business and investment opportunities and facilitate better co-operation between companies from the two countries. Mr. Nick Baird, Chief Executive, UKTI and Mr. Vikramaditya Ugra, Chief Executive, London Branch of Exim Bank signed the MOC on in the presence of Union Finance Minister Mr. P. Chidambaram and Mr. George Osborne, Chancellor of the Exchequer, Government of the UK on May 16, 2013, on the occasion of the Sixth UK-India Economic and Financial Dialogue. The signing also coincided with ‘Export Week’ being observed by the Government of the UK from May 13 to 17, 2013.

UKTI is an arm of the Government of the UK promoting two-way trade and investment flows from the country. It works with UK-based businesses to ensure their success in international markets, and encourages overseas companies to invest in the UK. Exim Bank and UKTI agreed to exchange information to boost co-operation particularly between SMEs from India and the UK, helping them locate suitable joint venture and trade partners. They will also share research to support their respective clients’ understanding of the market place in India and the UK.

 

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STATE BANK OF INDIA ENTERS INTO A TIE UP WITH M/s JAIN IRRIGATION SYSTEMS LIMITED

Posted on 19 May 2013 by admin Roha

MUMBAI, ( GNS) : Jain Irrigation Systems Limited engaged in manufacturing and selling of micro irrigation systems, controlled climate green & poly houses, piping systems, solar pumps and tissue culture plants has entered into a national level tie-up with State Bank of India, the premier bank in rural lending.

The tie-up will help farmers increase their acreage under irrigation by minimum use of available water resource. This will, in turn, increase their productivity and profitability. Jain Irrigation will assist the Bank in identifying eligible farmers with a requirement for micro irrigation systems, crop management services, etc. It is expected that a large number of farmers will be financed through this tie-up in the coming months as use of water-saving methods like drip and sprinkler irrigation method, is being encouraged by various State Governments,the release said.

 

 

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Samsung introduces new Premium Side-by-Side Refrigerator Models Designed for optimal performance

Posted on 18 May 2013 by admin Roha

Designed for your modern lifestyle with Twin Cooling technology that keeps your food fresher and crisper longer.

The new H-series refrigerator brings premium style and garden-picked freshness into your kitchen.

Mumbai, (GNS) : Samsung Electronics, a global leader in digital convergence technologies, today announced the launch of two new, premium Side by Side (SBS) refrigerator models – RS554NRUA and RS21HSTWA to its lineup. Both the models incorporate Samsung’s proprietary Twin Cooling technology that keeps food for longer and the Digital Inverter Compressor that significantly reduces energy consumption.

“With their refined curves, premium finish and contemporary styling, the RS554NRUA and RS21HSTWA fit right into every home, whatever the surroundings. They deliver on the promise of superior performance coupled with energy efficient operations,” said Mahesh Krishnan, Sr. Vice President, Consumer Electronics, Samsung India.

Both the SBS refrigerators with their recessed handles, beverage stations and trim-less glass designs provide a touch of elegant minimalism to complement any modern decor. The RS554NRUA comes with a White Shiny River pattern glass exterior, while RS21HSTWA boasts of a sophisticated Camellia White Floral pattern design.

The Twin Cooling System that is integral in both the SBS refrigerators operates two independent fans and evaporators for refrigerator and freezer compartment. These work to maintain higher humidity of up to 43%, as well as prevent mixing of odors. Additionally the Multi Flow feature works with small vents over each shelf—to maintain an even temperature throughout the refrigerator. By cooling every section of every compartment at the same time, it helps food stay fresh longer.

 

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