Thursday, August 22, 2013

Today's NEWS

Johnson Tiles launches iFloor range of intelligent luxury flooring collection

22 08 2013


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Johnson Tiles launches iFloor range of intelligent luxury flooring collection



New Delhi August 22, 2013: Johnson Tiles has introduced a unique collection of intelligent luxury flooring solutions called iFloor. This all new iFloor range is a collection of Peral, Wood, Matrix and Cement design ranges. These iFloor designs are available in glossy as well as matt finishes.  This unique collection of floor designs  provide a definitive luxurious edge for todayⳠintelligent homes.



The Johnson Tiles iFloor Peral & Cement designs offer customers a myriad range of neat and structured shades while the Matrix & Wood designs offer a variety of contemporary & vintage look options. The entire collection is inspired by tones and color schemes drawing from color palettes of browns, tans, warm grays, whites and some reds. The Johnson Tiles iFloor collection is best suited for both residential as well as commercial spaces.





Chiranjeevi announces reward to British activist Jodie Underhill

22 08 2013
Union Minister of State for Tourism (I/C) Dr.K.Chiranjeevi, today announced Rs.5 lakhs in his personal capacity to the British activist Ms.Jodie Underhill in recognition of for her yeomen service to the cause of Uttarakhand flood tragedy relief.
After the flood tragedy in Uttarakhand , Ms. Jodie Underhill has been collecting garbage strewn by the food stalls at Doon Helidrome in Dehradun. These stalls provided food for rescued pilgrims and their kin who often converge at the helipad.
Jodie Underhill is the founder of the Mountain Cleaners . She is a committed environmentalist who enjoys world travel, fundraising, event organizing and challenges.    She is the co-founder of two other groups - Love 4 Tibet and the Cornholme Community Project.




22 08 2013





June 2013 FDI grows by 16%



TheFDI equity inflows for the month of June 2013 are estimated at around US$1.44 bn as against about US$1.24 bn in June 2012, posting positive growth (Y-o-Y) of around 16%. The growth in FDI equity inflows stands at around 23% in May 2013, 25% in April 2013, (-) 81% during March 2013 and about (-) 19% in Feb 2013.



Trend in FDI equity inflows over the months                                                                                                 (in %)      


 Source: PHD Research Bureau compiled from Department of Industrial Policy & Promotion.



The total FDI equity inflows, in the period April-June 2013-14 are estimated at around US$5.39 bn; representing an increase of around 22% over the FDI equity inflows of about US$4.43 bn for the corresponding period last year. 



Recent trend in FDI equity inflows (FY 2014 & FY 2013)

Financial Year 2013- 2014
Amount of FDI inflows
(In Rs. Crore)
(In US$ mn)
1 Apr-13
12,623
2,321
2 May-13
8,974
1,631
3 June-13
8,432
1,444
2013-14 (from April-June 2013)
30,029
5397
2012-13 (from April-June 2012)
23,820
4,428
%age growth over last year
26%
22%
Financial Year 2012- 2013 (April-March)
1 Apr-12
9,620
1,857
2 May-12
7,229
1,327
3 Jun-12
6,971
1,244
4 Jul-12
8,182
1,475
5 Aug-12
12,578
2,264
6 Sep-12
25,552
4,679
7 Oct-12
10,295
1,942
8 Nov-12
5,798
1,058
9 Dec-12
6,012
1,100
10 Jan-13
11,719
2,157
11 Feb-13
9,654
1,795
12 Mar-13
8,297
1,525
2012-13 (up to March 2013)
121,907
22,423
2011-12 (up to March 2012)
165,146
35,121
%age growth over last year
(-) 28%
(-) 38%

Source: PHD Research Bureau compiled from Department of Industrial Policy & Promotion.



Mauritius tops the chart as an investing country, with the top investing sectors being the services sector (includes financial, banking, insurance, non-financial / business, outsourcing, R&D, courier, tech. testing and analysis). Also, Mumbai and New Delhi are observed to be the cities attracting the highest FDI equity inflows.



Service sector and construction development constitute the highest share in attracting FDI equity inflows during April 2000-June 2013 of around 19% and 11% respectively. Telecommunications has also been able to attract about 7% during the same period. Computer software and hardware as well as drugs and pharmaceuticals posted share of 6% and Chemicals (other than fertilizers) constitute about 5%. Automobile Industry, Power and Metallurgical Industries constitute share of about 4% in FDI equity inflows and Hotel and tourism constitute share of about 3% during the same period.





Sector wise contribution in FDI equity inflows                                                                                                              (%)


Source: PHD Research Bureau, compiled from Department of Industrial Policy & Promotion.

The data represents share of sector in total FDI equity inflows for the cumulative period of April’00- June 2013

Note: ** Services sector includes financial, banking, insurance, non-financial / business, outsourcing, R&D, courier, tech. testing and analysis



Warm regards,


Dr. S P Sharma




Germany India Pool road show

22 08 2013
DSC_9543
GNTO India Pool showcases Destination Germany in New Delhi

New Delhi 22 August 2013 : The Germany India Pool road show, which is part of the sales activity week 2013 was showcased at New Delhi, the workshop received an excellent response from the travel trade in the city, further aiding in interactions with the trade on the Best Selling Practices for Destination Germany.

Mr. Romit Theophilus, Director Sales & Marketing, The German National Tourist Office, India, said “India Pool since its establishment in 2008 has grown stronger each year with new members joining in. Over the years, this initiative has resulted in a greater awareness of destination Germany’s attractions besides providing regular updates to the travel trade & media. This has been made possible due to the pooling in of resources & enthusiastic campaigning by the partners. Two new members joined us in 2013 namely Lufthansa and Baden – Baden taking our total number of partners to 18.”

Germany continues to enjoy its strong image as an ideal leisure and MICE destination amongst the Indian travelers and has retained its position as the top visited European destination by Indians second only to the UK. For the period January-May, 2013, Germany has witnessed 2,31,927 visitor overnights.

The road shows scheduled this year in Mumbai, Bangalore, Chennai and Delhi, aims at facilitating interactions on latest updates, highlights and attractions for the Indian travelers between India Pool members and the Travel trade. Partners that were part of the roadshow in August 2013 included Saxony Tourism, The association of Magic Cities, Baden-Baden, Alpha Travel Consultants and Cologne Tourism, Lufthansa and Deutsche Bahn.

  The GNTO India Pool comprises of the following partners:
Incoming DMC: Alpha Travel Consultants GmbH Berlin
State Tourism Boards: Bavaria Tourism, Saxony Tourism , Black Forest Highlands
Cities: Berlin, Frankfurt, Stuttgart, Cologne, Mannheim, Dusseldorf, Baden-Baden and association of Magic Cities
Airports: Frankfurt Airport, Munich Airport
Transport Partner- Deutsche Bahn, Lufthansa
Hotel Partner- Maritim Hotel

  About The German National Tourist Office (GNTO) India Pool
The GNTO India Pool was created in 2008 to enhance the image of Destination Germany as a preferred leisure destination among the Indian traveler. A cooperation which started with 14 partners in 2008, the GNTO India Pool currently holds 17 partners each contributing an equal sum to be invested in the Indian Market.




UNICEF : Louder voices and urgent action to fight sexual violence against girls

22 08 2013
Time to Sound the Red Siren: UNICEF urges louder voices
and urgent action to fight sexual violence against girls
NEW DELHI, August 22, 2013 – Violence against children is all too often unseen, unheard and underreported, said UNICEF India today, announcing an initiative that urges citizens, lawmakers and governments in India to speak out more forcefully to fight violence against children, with a special focus on sexual violence against girls, as part of UNICEFs campaign ‘End Violence against Children’.
The global initiative ‘End Violence Against Children’ builds on growing popular outrage that erupted following horrific attacks against children, such as the October 2012 shooting of then 14-year-old Malala Yousafzai in Pakistan, the fatal shooting of 26 pupils and teachers in Newtown, Connecticut, in December 2012 and gang rapes of girls in India and in South Africa in 2013.
Speaking at the occasion, Caroline Den Dulk, Chief Advocacy and Communications said, “UNICEF India is marking the launch of ‘Time to Sound the Red Siren’ by placing a special focus on sexual violence against girls. While violence affects both boys and girls in India in different forms, this special focus is associated with the fact that girls are among the most vulnerable in society and they face multiple forms of discrimination and violence.”
The initiative was unveiled at the Press Club of India with a powerful video narrated by UNICEF Goodwill Ambassador and a leading voice on this issue, Amitabh Bachchan, who takes the viewer through a series of scenes depicting invisible violence.
“This is a 15-year-old girl being gang raped,” he says as the camera pans across an abandoned lot. “This teacher is beating a boy for talking back in class, while the rest of the class watches,” he says as new scenes unfold.
“Just because you can’t see violence against children doesn’t mean it isn’t there,” Amitabh Bachchan says. “Make the invisible visible. Help us make violence against children disappear. Join us. Speak out.”
The need to take urgent collective action is underlined even by the limited statistics available, which point to the scale and extent of violence. For example, reports of rapes in India have increased by 336% in the last ten years. In 2011, one third of the victims of rape consisted of girls below 18 years of age for a total of 7,112 cases NCRB data, 2011.. Many more are the cases of sexual abuse that go unreported as the fear of stigma pushes girls to hide their pain.
Violence inflicts not only physical wounds but leaves mental scars on children. It affects their physical and mental health, compromises their ability to learn and socialize and undermines their development.
The social media campaign titled “Time to Sound the Red Siren” launched on 19 July will share messages – using the #ENDviolence – to inform about the issue of sexual violence and the potential solutions including the protective environment needed to prevent girls from sexual abuse through Facebook (www.facebook.com/unicefindia), Twitter (www.twitter.com/UNICEFIndia) and Tumblr (http://unicefindia.tumblr.com/). UNICEF India will also try to engage people into action and will give information on how to speak out to break the silence.
Protecting children is at the heart of UNICEF’s mandate. The United Nations Convention on the Rights of the Child specifies that every child everywhere has the right to be protected from all forms of violence.
UNICEF works with Government and civil society organisations to strengthen the capacities of child protection agencies (police, child welfare committees, judiciary, homes etc.) to enforce the law and offer adequate protection services to children. Preventive efforts are promoted by supporting community protection committees that raise awareness at the community level, and by fostering the empowerment of girls, their life skills and their knowledge on how to protect themselves.
The launch of the Red Siren (#ENDviolence) initiative is the first in the series of activities that UNICEF will implement in partnership with the Press Club of India in order to facilitate positive and meaningful media discourse on issues concerning women and children in India.
###
The Public Service Announcement with Amitabh Bachchan is available for viewing at this link:
http://www.unicef.org/india/reallives_8342.htm

For more information, please contact:
· Caroline den Dulk, Chief, Advocacy & CommunicationTel: +91-981 810 6093, Email: cdendulk@unicef.org
· Maria Fernandez, Communication SpecialistTel: +91-995 817 6291, Email: mfernandez@unicef.org
· Geetanjali Master, Communication SpecialistTel: 91-981 810 5861, E-mail: gmaster@unicef.org
· Sonia Sarkar, Communication Officer- MediaTel: +91-981 017 0289, E-mail: ssarkar@unicef.org




Seminar on ‘Companies Bill, 2012- The Way Ahead’

22 08 2013



NIRC : 2013                                                                                                                                                  August 22, 2012


Dear Sir/Madam,
 
We are pleased to inform you that The Institute of Company Secretaries of India- Northern India Regional Council is organizing a Seminar on Companies Bill, 2012- The Way Ahead on Saturday, the 24th August, 2013 at 10.00 AM at Hotel Eros Continental, Nehru Place, New Delhi.  The seminar will be attended by about 450 Company Secretaries and other professionals.

We shall be grateful for your kindly publishing the following in today’s Engagement column of your esteemed Newspaper of 24.8.2013.




RTI applications go online at all central govt ministries & departments

21 08 2013


Aug 21,  1:39 PM

Citizens can now file RTI applications online in all central government ministries and departments through a portal.
The facility will be launched by the Minister of State for Personnel, Public Grievances and Pensions, V Narayanasamy in New Delhi this evening. At present, it is available only to 40 ministries, departments and commissions.
The web address of the portal is http://www.rtionline.gov.in. Our correspondent reports that the portal is a step towards ushering in greater transparency in governance through the Right to Information Act which mandates timely response to citizens requests for government information. It will enable tech savvy people to file applications at the click of a button.
An information seeker can submit a fee of ten rupees via Internet banking through State Bank of India (SBI) and its associate banks using the website. One can also use credit or debit cards.
Presently, the text of an application that can be uploaded in the prescribed column on the portal while filing application is confined to 500 words only. In case an application contains more than 500 words, it can be uploaded as an attachment.
An applicant will get an alert on the mobile phone about movement of the application. Answers to queries related to the portal can be sought on the telephone number 011- 24622461 during normal office hours




Saina leads Hyderabad Hotshots

21 08 2013
Saina leads Hyderabad Hotshots to easy victory over Pune Piston

Hyderabad Hotshots, spearheaded by Indian badminton icon Saina Nehwal, brought down the high flying, unbeaten Pune Pistons in impressive style with a comprehensive 4-1 victory in the Indian Badminton League at the NSCI courts in Mumbai last night.
The thumping victory also powered the Hotshots to the top of the league table with 11 points to their credit while leaving Pistons in second place with 9.
Saina provided the early spark to the Hotshots campaign against the league toppers by clinching the high quality women’s singles clash against her long-time German rivalJuliane Schenk in a battle between two of the world’s top five players.
Egged on by the partisan crowd chanting “Saina Saina”, the Indian world no 4 downed world no 3 Schenk 17-21 21-19 11-6 in 59 minutes after her compatriot and teammate Ajay Jayram shocked Vietnamese rival Tien Minh Nguyen, world no 5, 21-19 21-8 in the opening men’s singles encounter in just 40 minutes.
Later, the Malaysian world no 2 pair of V Shem Goh and Wah Lim Khah subdued the challenge of India’s seasoned pair Sanave Thomas and Rupesh Kumar 21-19 and 21-16 to give the Hotshots a winning lead in the best of five clash, their second victory in three ties, thus ensuring the Pistons’ first defeat in as many encounters.
Thailand’s S Tanongsak, a semi finalist at the All-England made it 4-0 for the Hotshots with a straight-game victory over Pistons’ Saurabh Varma. The left hander won 21-19 21-18 in the second men’s singles match.
Pistons got a consolation victory as well as one point from the tie when their mixed doubles combination of Joaquim Fischer Nielsen and Ashwini Ponnappa downed Hotshots’ pair of V Shem Goh and Pradnya Gadre 21-11 21-14.




AirAsia X Results in 2nd Quarter 2013

21 08 2013
AirAsia X Posts Improved Results in 2nd Quarter 2013 On The Back of Network Consolidation
1H2013
·         Revenue                                              : RM1.03 billion (up 9% y-o-y)
·         Operating Profit                               : RM46.0 million (1H2012: loss RM4.6 million)
·         Net Profit                                            : RM17.9 million (1H2012: loss RM29.1 million)
2Q2013
·         Revenue                                              : RM491.1 million (up 21% y-o-y)
·         Operating Loss                                  : – RM11.6 million (2Q2012: loss RM38.0 million)
·         Net Loss                                               : – RM32.3 million (2Q2012: loss RM77.6 million)
SEPANG, 20 August 2013 - AirAsia X Bhd (“AAX” or  “The Company”), the long-haul, low cost affiliate carrier of the AirAsia Group today reported its results for the half-year and quarter ended 30 June 2013.
The Company posted revenue of RM1, 026.41 million for first half of 2013, up 9.0% from the previous year’s corresponding revenue of RM941.91 million for the same quarter. The growth was primarily driven by an increase in passenger volume and seat capacity, as well as higher contribution from ancillary revenue. Revenue per Available-Seat-Kilometre (RASK) grew by 12.8% to 4.11 US cents (12.65 sen) in the first half of 2013 from 3.64 US cents (11.26 sen) for the same period last year.
AirAsia X reported an operating profit of RM45.98 million for the first six months of FY2013, a significant improvement from the year before where the Company had made a loss of RM4.64 million for the same period.
Earnings before interest, tax, depreciation, amortisation and rental (“EBITDAR”) margin also strengthened from 13.2% in the first half of 2012 to 17.9% in the first half of 2013. Similarly, Operating Profit margin saw a turnaround from an Operating Loss margin of -0.5% in 2012 to 4.5% Operating Profit margin during the same period this year.
This improvement is attributed to the route network consolidation exercise that the Company had undertaken for the better part of FY2012, where AirAsia X had stopped a number of unprofitable routes. The Company had discontinued its flights to Europe and India, during the first half of last year. The number of routes dropped from 17 to 14, and AirAsia X focused its networks on core markets in North Asia and Australia, including increasing average weekly frequencies per route by 14%.
AirAsia X’s CEO, Azran Osman-Rani said, “After the realignment of our network during the first half of 2012, our strategy is now more focused in our core markets, where we will increase frequencies and add new destinations to build a market leadership position.  Our return to profitability shows that we were right to re-tool our portfolio to focus on the Asia Pacific region, where there are many under-served markets.”
On a quarterly basis, revenue for 2nd Quarter 2013 rose year-on-year (“y-o-y”) by 21.2% to RM491.14 million from RM405.20 million reported in 2nd Quarter 2012. The Company also managed to narrow its operating losses year on year to RM11.61 million compared to the operating loss of RM38.03 million seen in 2nd Quarter 2012.
For the 2nd quarter 2013, EBITDAR margin stood at 12.5% compared to 6.5% in 2nd Quarter 2012, while Operating Loss margin was -2.4%, an improvement y-o-y from 2nd Quarter of 2012 to Operating loss margin of -9.4%.
AirAsia X had seen its fleet size increase from 9 as at 30 June 2012 to 11 for the quarter under review with 2 new A330-300 deliveries. Passengers carried in the 2nd Quarter of this year increased by 19.8% y-o-y to 697.11 million from 581.84 million, while average passenger fare increased by 2.5% to RM508.84 from RM496.48 due to the increasing maturity of its route network.
As a result of the increase in capacity, both AirAsia X’s Average-Seat-Kilometre (ASK) and Revenue-Per-Kilometre (RPK) increased by 13.5% to 4.2 billion and 3.5 billion respectively y-o-y for the quarter under review. Load factor remained steady at 81.8% for the quarter ended June 30, 2013, compared to 81.9% for the previous year’s corresponding quarter.
Ancillary revenue in 2nd Quarter of 2013, increased by approximately 31.7% y-o-y to RM99.0 million, representing 20.1% of total revenue, cementing its reputation as a leader in the space. The increase was primarily contributed by the higher spend of ancillary revenue per passenger, especially for Fly-Thru connecting services and the introduction of new ancillary products during the period.  Ancillary spend per passenger increased from RM129.16 in 2nd Quarter of 2012 to RM141.95 during the same period this year.
AirAsia X is due to receive another 2 planes before the end of the year, in addition to 2 more that have been delivered post 30 June 2013, bringing its total fleet size to 18 at year-end, comprising 16 Airbus A330-300s and 2 Airbus A340-300s.
Azran concluded, “In July we started flights to our 15th destination; Busan, South Korea and late last month we announced our 16th destination, Adelaide in Australia, with flights set to commence in October this year. We hope to add more flight frequencies and new destinations in our key markets of Taiwan, China, Japan, Korea, Australia and Nepal. Together with the other members of the AirAsia Group, we intend to be the largest low-cost carrier brand connecting Southeast Asia with all the main Asia Pacific markets.”




A media session on Violence against Children- UNICEF India

21 08 2013
Violence against children cuts across boundaries of geography, race, class, religion and culture. It occurs in homes, schools and streets; in places of work and entertainment, and in care and detention centres. Perpetrators include parents, family members, teachers, caretakers, law enforcement authorities and other children. Some children are particularly vulnerable because of gender, race, ethnic origin, disability or social status. And no country is immune, whether rich or poor. The consequences of violence can be devastating. Above all, it can result in early death. But even children who survive must cope with terrible physical and emotional scars. Violence places at risk not only their health, but also their ability to learn and grow into adults who can create sound families and communities. Violence against children is never justifiable. Nor is it inevitable. If its underlying causes are identified and addressed, violence against children is entirely preventable.

UNICEF in partnership with Press Club of India is organising a panel discussion on the multiple facets of violence against children.  The audience at the session will also witness the screening of a short film on the subject featuring Amitabh Bachhan, UNICEF Goodwill ambassador and Hindi cinema superstar. The film will be screened across Press Club of India network offices in the country. Examples of successful initiatives undertaken by UNICEF with police forces, NGOS and community members in the states of Andhra Pradesh and Karnataka will also be screened.

Dora Giusti, Child Protection Specialist, UNICEF India and Caroline Den Dulk, Chief Advocacy and Communication will be present for the media interaction.

When:           Thursday, August 22, 2013  
Where:         Press Club of India, 1, Raisina Road, New Delhi-110001. 
Time:             4:00 PM till 6:00 PM and followed by High Tea.

Look forward to your presence. (invite attached)
Best,
Kusha Pant
Senior Consultant
Tarmac Affairs
V small size logo
Office: +91-11-4657 2870,
Fax: +91-11-4657 2848,
Cell: +91-8587941150
E-mail: kusha@tarmacaffairs.com
Web: www.tarmacaffairs.com




The 4G rail revolution

21 08 2013
Dear N.K, Here’s your copy of Total Rail newsletter, our bulletin on news, views and the latest thinking on the rail world. We hope you find it useful and thought provoking.
Enjoy!
Lorna
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Transport for London shortlist ticketing contract bidders
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Elon Musk Unveils Designs for Hyperloop
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Airtel Rising Stars 2013 – Delhi Leg

21 08 2013
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Airtel Rising Stars 2013 – Delhi Leg

Abhishek, Mahesh’s Braces Lift CRPF Public School to Next Round; Indraprasth Public School, Preet Vihar and Dwarka Advance
New Delhi, 20th August: Abhishek and Mahesh’s braces helped CRPF Public School, Rohini thrash Saha International School, Preet Vihar 4-0 in a knock-out match of the 2nd edition of the Airtel Rising Stars-Delhi Leg, at Ganga International School Ground, Hiran Kudna in Delhi today.
Abhishek opened the account in 7th minute of the match, which was enough to jolt the oppositions in the beginning. In 19th minute, Mahesh’s goal gave 2-0 lead to CRPF Public School. Saha International School tried hard to restrict these two players but both the players dribbled past the defenders and scored two more goals to seal the victory. Mahesh hit his second goal in 23rd minute, followed by Abhishek’s second goal in 27thminute.
In another knock-out match at the same ground, Indraprasth Public School, Preet Vihar outplayed Bosco Public School, Sunder Vihar 1(5) – 1(4) in a penalty shoot-out. Sahil scored the first goal in 11th min and gave an early lead to Bosco Public School (BPS). However, Indraprasth Public School’s (IPS) Akash equalised the score in 27th min. Since then, both the teams tried hard to score the winning goal but all their attempts went in vain.
In the penalty shoot-out, Vivek, Richi, Nikhil and Yash managed to beat opponents’ goal-keeper and scored goals for BPS. In reply, Ayush, Mohit, Viraj, Kultar and Pulkit materialised all five attempts and won the match for IPS, Preet Vihar.
In another knock-out match, Indraprasth Public School (IPS), Dwarka defeated Doon Public School, Pashchim Vihar 3-2, played at Ganga International School.  IPS, Dwarka’s Dhruv opened the account in 13th min, but in 22nd min, Doon’s Ram Kumar equalised the score 1-1.
IPS again took lead in 24th min when Vishes scored a beautiful goal. However, Doon managed to equalise the score in the 39th min with the help of Bibhash’s shot. Deepraj scored the winning goal in 43rd min and brought an inspiring victory for IPS, Dwarka.

Results:
CRPF Public School, Rohini bt Saha International School, Preet Vihar (Abhishek 7th, 27th, Mahesh 19th, 23rd4-0;

Indraprasth Public School, Preet Vihar (Akash 27th; Ayush, Mohit, Viraj, Kultar, Pulkit) bt Bosco Public School, Sunder Vihar (Sahil 11th; Vivek, Richi, Nikhil, Yash) 1-1 (5-4);
Indraprasth Public School, Dwarka (Dhruv 13th, Vishesh 24th, Deepraj 43rd) bt Doon Public School, Pashchim Vihar (Ram Kumar 22nd, Bibhash 39th3-2;

GD Goenka Public School, Rohini (Vikram 9th, 27th) bt VSPK International School, Rohini 2-0;
Bal Bharti Public School, Rohini (Rahul 13th) bt Delhi Pubic School, Rohini 1-0;
Sachdeva Public School, Rohini (Rohit Pal 13th, Suresh 28th) bt Maxfort School 2-0
St. Gegoreous School, Dwarka (John C Raju 34th) bt Ramjas School 1-0;
Government School, Rohini (walkover to next round) v/s ITL, Dwarka.
For more information, please contact:
Concept PR
Animesh Biswas - animesh@conceptpr.com – +91 9891789639
Abhay Pratap Singh - abhay@conceptpr.com - +91 9818413169




Handset revenue grows 14.7 pc to touch Rs 35,946 Cr in FY13

21 08 2013

Micromax, Karbonn, Apple occupy next 3 slots
New Delhi, August 20, 2013: The Indian mobile handset market posted revenues of Rs 35,946 crore in FY 13 compared to Rs 31,330 crore in FY12 showing a growth of 14.7%. This was mainly due to the increasing uptake in Smartphones by the Indian consumers. 
The 18th annual survey ‘V&D 100′ covered over 30 mobile handset companies doing business in India across categories like feature phones, multimedia phones, enterprise phones and Smartphones. Both multi-national and Indian mobile phone firms were surveyed for this report.
The biggest surprise of the year was Korean electronics maker Samsung dethroned Nokia from the top position. The Finnish handset maker had been holding the fort for over a decade.
Samsung’s rise in the Indian market is attributed to its rich product portfolio that was able to cater to customers of all budget categories. Samsung handset prices range from Rs 1,500 to Rs 50,000. Samsung mobile handsets come in varied screen sizes. These two factors helped the company grabbing customer’s attention, besides the product quality and new features.
Samsung ended the year with revenues of Rs 11,328 crore compared to Rs 7,891 crore in FY12 showing a growth of 43.6%. The company also became the market leader with 31.5% market share.
The former king of Indian mobile phone market Nokia dropped a rank to be placed at No. 2 in the Voice&Data survey with 27.2% market share with a significant 18% drop in revenue.
In the 12 months ended March 2013, Nokia revenues from Indian operations were placed at Rs 9,780 crore compared to Rs 11,925 crore in FY12. The revenue loss at Nokia has been staring at Nokia worldwide in view of a few strategic missteps. Nokia’s drop in market share started when the company failed to sense the need of a dual-SIM phone for the Indian consumer, and the same was tapped by the Indian players years ahead of global players like Nokia.
On a global ground, not embracing the most popular and most accepted operating system – android – for its Smartphones, gives its potential customers very little choice.
Nokia’s Lumia series phones that witnessed huge growth globally in the initial phases could not draw much attention in India.
“The rise of smaller local players like Micromax, Karbon, Lava, and Zen is a clear indication that consumers want cheaper feature rich phones. The next phase of mobile penetration in the bottom of the pyramid India will be driven by these companies”, says Ibrahim Ahmad, Group Editor of Voice&Data.
Homegrown handset company Micromax captured #3 position among V&D100 Top10 mobile handset brands for the year 2013. Though it performed pretty badly in FY12 and the first quarter of FY13, through some smart thinking and innovative products, the Gurgaon headquartered phone maker grew by 58.6%. By the end of the last fiscal, the company posted revenues of Rs 3,138 crore compared to Rs 1,978 crore in FY12. With this Micromax enjoys a market share of 8.7%.
Closing in next is Karbonn Mobiles, the company among the Indian handset players that grew most consistently. In FY13, Karbonn grew by 73.1% to register revenues of Rs 2,297 crore compared to Rs 1,327 crore in FY12. IN FY 2013 Karbonn grew by 32%.
With this the Bangalore based UTL Group and Delhi based Jaina Group Joint-Venture Company, Karbonn captured a market share of 6.4% and is placed at #4 position in the table. Last year they were placed at #5.
The most exciting entry into the Voice&Data Top10 table in the handset space is the iconic Apple that grew a mammoth 417.2% to post revenues of Rs 1,293 crore in FY13 compared to Rs 250 crore a year back. Though India was never a focus market for the Cupertino based smart device maker till Steve Jobs’ era, in the last two years Apple has started making inroads, though slowly.
In the last fiscal, the company made some disruptive changes in its sales strategy which paid off. Appointing Ingram Micro and Redington as the national distributors for their entire sales, and offering EMI schemes to the consumers to buy the most coveted Apple product changed the game for them. The company now enjoys 3.6% market share in India with the smallest number of handset models in its portfolio.

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