Institute of Leadership and Institutional Development expands it’s Pygmalion program

July 2nd, 2009 | Share

35000 children in 250 government schools in Karnataka will soon have a “level playing field”

The Global Fund For Children joins as partner to support the program

Institute of Leadership and Institutional Development (ILID), a leading Bangalore-based non-profit organization today announced expansion of its ‘Pygmalion’ program. The program incepted in 2005 facilitates learning of English skills among poor children in government schools.

While it started as a program for government school children to discover the joy of learning English, today Pygmalion has evolved into a broader program focused on empowering children with Spoken English skills and teachers with better English teaching skills. The Global Fund for Children (GFC), a global grant making organization that is active in India has stepped in to support ILID’s Pygmalion program. Two children, Shivaraj and Jyothi Lakshmi, who have benefited from the program, were pres>>> more

Guruji.com allures Dr. Rajkumar Fans

July 2nd, 2009 | Share

Offers an eclectic mix of Annavaru’s evergreen classics

As the saying goes ‘Old Is Gold’, for those who yearn to listen to old numbers at their convenience, Guruji.com delights you this season with Dr. Rajkumar special hits. A versatile actor and an equally passionate singer, music aficionados can never forget the evergreen classics sung by Dr. Rajkumar during his era. Guruji .com, the Indian search engine has fulfilled the dreams of several music lovers in town. Guriji.com has compiled all the songs of Dr. Rajkumar one could ever covet. The search engine offers a wide range of music collection from romantic numbers to devotional songs sung by Annavru.

A renowned actor, Dr Rajkumar has several awards to his standing.

Guruji.com has linked an exciting treat for fans of the immortal Dr.Rajkumar. The emperor of acting was not only known for his astounding performances onscreen, but also for his mellifluous vocal talents. Generations of >>> more

C-DAC releases ISM V6 for Indian Language Computing

July 2nd, 2009 | Share

Software supports 19 Indian Languages for Office and Home users

Centre for Development of Advanced Computing (C-DAC), has been the pioneer of Indian language computing in the country with a rich history of research and innovation towards putting Indian Languages on the map of digital computing. With over twenty years of pioneering research in Language Technology, C-DAC through its Graphics and Intelligence based Script Technology (GIST) Group has spearheaded the development and deployment of several innovative products and cutting edge technology which have revolutionized computing and made GIST synonymous with Indian Language Computing.

GIST Group of C-DAC has now released ISM V6, the latest product from their celebrated range of ISM software, which has evolved to provide the state-of-the-art Indian language edge to existing as well as custom, designed application software. The latest ISM V6 is completely UNICODE compliant which offers support fo>>> more

Romance on board Rail Europe, just a click away for the Indian traveller!

July 2nd, 2009 | Share

There is a certain ‘romance’ that one associates with rail travel and nowhere is this felt more profoundly than on board the trains of Rail Europe, which, are indeed the best way to experience the enchanting continent of Europe.

Whether your idea of romance is zipping across on any of the high speed trains like the TGV, Eurostar or taking in the sights at a leisurely pace on board scenic trains – you could now book your dream Rail Europe journey from the comfort of your home on Rail Europe‘s exclusive India Centric website – www.raileurope.co.in

The entire fulfilment of the bookings received on the website are managed by Rail Europe India Pvt. Limited, the fully owned Indian subsidiary of Rail Europe 4A, the European Railways owned world leader in distribution of European rail products. Besides servicing the India centric website, the Indian Subsidiary also fulfils the orders received on Rail Europe 4A’s website www.raileurope-wor>>> more

iSOFT signs sixth LORENZO site in Germany worth A$ 2.5m (US$ 2.02m)

July 2nd, 2009 | Share

iSOFT Group Limited (ASX: ISF) – Australia’s largest listed health information technology company today announced that Christophorus-Kliniken will become the sixth early adopter of iSOFT’s LORENZO next-generation solution in Germany as part of an agreement to upgrade hospital information systems (HIS) at its three hospitals in the Coesfeld district of North Rhine-Westphalia.

The five-year deal potentially is worth as much as €1.43 million (A$ 2.5 million) (US$ 2.02m). The initial two phases, which include the first LORENZO components and an upgrade of iSOFT’s ClinicCentre HIS solution, are valued at €675,000 (A$ 1.2 million) (US$ 0.97) in license fees and services plus €257,000 (A$ 447,000) (US$ 360,194) in support and maintenance services over five years. An optional third phase, which includes additional LORENZO functionality, is worth a potential €500,000 (A$ 870,000) (US$ 701,048).

“This is further evidence that our new LO>>> more

Adobe Youth Voices Program Empowers India’s Youth

July 2nd, 2009 | Share

Global philanthropic initiative encourages youth in underserved communities

The Adobe Foundation today announced the completion of the third successful year of its signature philanthrophic program, Adobe Youth Voices (AYV) in India. The Foundation showcased some of the exemplary creative work completed this year by children in 10 sites across Delhi, Noida and Gurgaon. This program is a part of Adobe’s global philanthropic initiative, currently being run in 31 countries around the world. The American India Foundation (AIF) has been AYV’s primary deployment partner in India since 2007.

The AYV-India Program is a partnership between the Adobe Foundation and AIF that empowers youth to comment on their world by using multimedia and digital tools to share their ideas, demonstrate their potential, and take action in their communities. AYV-India includes 25 schools in the National Capital Region and Bangalore and reaches out to more than 1000 child>>> more

BAJAJ ALLIANZ INVESTS EQUITY IN SKS MICROFINANCE

July 2nd, 2009 | Share

Becomes the first insurance company to invest in an MFI

• Investment by a mainstream investor signals vote of confidence in microfinance

• SKS Microfinance leads evolution of MFI sector, strengthens capital adequacy

• Bajaj Allianz sees opportunity to invest in socially-relevant sector, improve share-holder value

Bajaj Allianz, one of India’s leading insurer offering general and life insurance products , has announced a strategic investment of INR 50 crore ($10 million) in SKS Microfinance, India’s largest microfinance institution.

The equity deal claimed to be the first-ever investment by an insurance company in an Indian microfinance institution (MFI) and signals an important step in the evolution of SKS Microfinance, one of the fastest-growing MFIs in the world.

Announcing this milestone, SKS Microfinance Founder and Chairperson Dr. Vikram Akula said, “An investment in SKS by a mainstream investor such as>>> more

LIC Housing Finance Limited Introduces 3 years “Fix-o-Floaty” rate loans

July 2nd, 2009 | Share

Cuts Interest Rates for new customers

LIC Housing Finance has introduced a new product – a 3year “Fix-o-Floaty” scheme w.e.f 2nd July, 2009 which offers flexibility to customers as well as protection against the volatilities of interest rate movement. Under this scheme the borrowers will pay a Fixed interest rate of 8.9% for loans upto Rs. 75 lacs & 9.5% for loans above Rs. 75 lacs for a period of 3 years; and therafter a Floating rate prevailing at the end of 3 years. At any time during the 3-year initial period the customer has a choice of shifting to the floating interest rate without any additional charges.

For Home Loan borrowers preferring Floating rates ab-initio the Special Offer Rates for new customers for loans upto Rs. 75 lacs will be 8.50%, as against 8.75% to 9.75% earlier. For loans above Rs. 75 lacs, the rates will be 9.50% as against 10.25% earlier.

For further information please contact:

Mr.R.R.Nair >>> more

Virtusa announces foray into the Indian Market

July 2nd, 2009 | Share

To leverage its Lean IT approach for better business outcomes for Indian Enterprises

Virtusa Corporation (NASDAQ: VRTU), a global information technology (IT) services company, with a strong client base in USA and Europe, today announced its foray into the Indian market.

The Company has recently started exploring India as a revenue geography. The Company believes that the Indian market, especially now, offers exciting opportunities for growth and expansion, as many Indian enterprises are driving significant changes in their existing IT systems to support their growing customer needs in a globalized and connected environment.

Leveraging Virtusa’s Lean IT approach to simplifying complex IT environments through software platforming, Virtusa plans to assist Indian companies consolidate, modernize and rationalize core business processes. As a result, customers are able to extend market reach, improve their customers’ experiences, improve time>>> more

Blue Coat Positioned in Leaders Quadrant in WAN Optimization Controller Magic Quadrant

July 2nd, 2009 | Share

Blue Coat Systems, Inc. (Nasdaq: BCSI), the technology leader in Application Delivery Networking, today announced that it has been positioned in the Leaders quadrant of the Magic Quadrant for WAN Optimization Controllers1 by research and advisory firm Gartner, Inc.

Blue Coat® Proxy SG® appliances accelerate the delivery of internal, external and real-time applications across the distributed enterprise and are a key component, along with Blue Coat PacketShaper® appliances, of the Blue Coat Application Delivery Network infrastructure.

“Blue Coat has consistently innovated within the market to enhance traditional WAN optimization with visibility and security technologies that provide the application intelligence enterprises need to contain costs and align IT investments with business priorities,“ said Bethany Mayer, senior vice president, Worldwide Marketing and Corporate Development, Blue Coat Systems. ”We believe our position in the Leade>>> more

Bisleri to set up 25 new Bottling plants, targets 40 per cent growth this fiscal

July 1st, 2009 | Share

Outlines dual market penetration strategy

Bisleri International Private Limited, the country’s largest selling and most trusted mineral water company has announced plans to set up 25 new bottling plants across India to meet the growing consumer needs. The company has also outlined an aggressive market expansion, penetration and growth plan for this fiscal.

Buoyed by the previous growth of 36 per cent and high customer loyalty in the last fiscal March 2008-April 2009, Bisleri is targeting a 40 per cent growth this year and has outlined an aggressive market penetration strategy which is a dual distribution plan – penetrating newer markets – including townships and rural India which includes smaller and interior markets and aggressively looking at entering newer territories and increasing shelf presence in the metros and existing markets.

Bisleri also announced that its flavoured water will be launched in October 2009. Its foray >>> more

Forbes India announces The World’s Most Powerful Celebrities – 2009

July 1st, 2009 | Share

Angelina Jolie’s fame goes unchallenged, even by Oprah ….Bachchans & SRK miss the bus.She’s rich. She’s talented. She’s beautiful. And now Angelina Jolie is the most powerful celebrity in the world.

Thanks to the release of several blockbuster movies and an endless sea of media buzz, Jolie has dethroned Oprah Winfrey to top this year’s Celebrity 100 list; Forbes annual ranking of the world’s ultra famous based on 2 criteria: Earning & Fame

Jolie raked in $27 million in the past 12 months thanks to a movie schedule that included Kung Fu Panda, Wanted and the not-yet-released spy thriller Salt. Even more impressive: The publicity she garnered following the birth of her twins, as well as the consistent headlines she grabs for her philanthropic efforts and her relationship with actor Brad Pitt, who ranks No. 9 on the list.

Winfrey drops to No. 2 on the list. The media maven has pocketed $275 milli>>> more