Showing posts with label products. Show all posts
Showing posts with label products. Show all posts

Friday, August 21, 2020

Kastle Universal Banking Included in Global Banking Platform Deals Survey by Independent Research Firm


3i Infotech Limited (BSE: 532628, NSE: 3IINFOTECH), a global Information Technology company, committed to accelerating business transformation, has been recognized as a Solid Player and a Base and Regional Player in the combined and new deals categories respectively, for its banking product – Kastle, in the Forrester’s Global Banking Platform Deals Survey 2020. 

Speaking on the recognition, Mr. Padmanabhan Iyer, Managing Director and Global CEO, 3i Infotech said, “3i Infotech is honoured to have Kastle Universal Banking included by a prestigious institution like Forrester. We believe that this recognition reinforces our commitment of delivering next-gen products to our customers across the globe. By constantly upgrading our comprehensive set of IP based software solutions & IT services solutions, we have re-invented ourselves to address the dynamic requirements of BFSI industry.” 

“Kastle Universal Banking Solution is an end-to-end banking solution catering to the entire spectrum of banking across Lending, Islamic Finance, Core Banking, Treasury, Trade Finance, Integrated Risk Management, Digital Banking and Analytics. AMLOCK (Financial Crime Detection and Management Solution) coupled with Kastle Universal Banking Solution is a force multiplier for banks and financial institutions to be digitally equipped and be future-ready to meet their business goals. Multiple combined deals is a testimony to Kastle Innovative Banking Solution by banks and financial institutions across the globe. We are honoured by this recognition by Forrester,” said Krish Narayanaswami, President and Global Banking Head, 3i Infotech. 

Forrester’s Global Banking Platform Deals Survey 2020 is an independent survey conducted annually by Forrester. The research is published to guide decision-makers at financial institutions around the world. Forrester surveyed 35 key banking platform vendors about their 2019 deals and published the results from the survey in their report, The Banking Platform Market Remains Stagnant, Though Smaller Banks Are Turning To Fintechs - Forrester Report Link.

About 3i Infotech 

Headquartered in Mumbai, India, since inception in 1993, the Company has been committed to driving business value across multiple industry verticals and has a strong BFSI presence. The company has over 5500 employees in 31 offices across 12 countries and over 1200+ customers in more than 50 countries across 4 continents. With a comprehensive set of IP based software solutions and a wide range of IT services, 3i Infotech has successfully transformed business operations of customers globally. The Company has a very strong foothold and customer base in geographies like North America, India, Asia Pacific, Middle East and Africa, Kingdom of Saudi Arabia and South Asia.  

Its flagship products include Kastle™ (Universal Banking Solution), AMLOCK™ (Financial Crime Detection and Management Solution), MFund™ Plus (Asset Management Solution), Premia™ Astra (Core Insurance Solution) and Orion™ (Enterprise Resource Planning Solution). 3i Infotech provides IT Services across Mobility, Data Analytics, Block Chain, Cloud Life Cycle Management, Testing Services, Infrastructure Management, Application Development & Maintenance, Professional Services, IT Consulting and BPO. 

Vestige Launches Innovative Consumer Products to Promote Hygiene and Combat the Pandemic

As the world is undergoing an unprecedented health crisis, the need of the hour is to enhance personal hygiene with a special emphasis on hand hygiene as well as to disinfect various surfaces. To address both these needs, Vestige Marketing, a leading Indian-origin direct selling company has launched two innovative products in its homecare and personal care range, Hyvest and Assure, respectively. The two new products are Hyvest Ultra Protek Disinfectant Spray and Assure Hand Cleansing Gel. These two products are in addition to the company’s Assure Germ Protection Soap, which was recently launched. 

The current situation warrants a proactive and empathetic attitude towards people’s health and hygiene practices where people must practice social distancing, wear masks, wash their hands frequently and disinfect various surfaces to protect against this contagious virus. Vestige has an ever-growing global presence across continents and these new product launches are an integral part of its long-term approach towards establishing leadership in the health and hygiene category in India as well as globally.  

Commenting on the launch, Mr Gautam Bali, MD, Vestige Marketing Pvt Ltd said, “Good hygiene is now more important than ever and extends beyond personal care. Disinfecting surfaces that are commonly touched is absolutely critical to protect our overall health and wellness. Zero-contact surface disinfectant spray, Hyvest Ultra Protek is a hassle-free and convenient way to disinfect, sanitise and clean the surrounding surfaces. Apart from the surfaces, it is also important that our hands remain germ-free and sanitised. Assure Hand Cleansing Gel, an alcohol-based gel, is for the complete care of our hands.”

Hyvest Ultra Protek Disinfectant Spray

The Hyvest Ultra Protek is a 73.6% w/w alcohol based disinfectant spray that protects you and your family from illness-causing bacteria and viruses. This is effective on a wide variety of hard and soft surfaces.

The zero-contact spray can easily and effectively disinfect high-contact surfaces such as tables, doorknobs, chairs, keys and packages, etc. It can also be used on other surfaces such as:

Kitchen sinks

Dustbins

Table tops and desks

Chairs and sofas

Doorknobs

Shower taps

Mattresses

Car seats

Curtains

Carpets

Toilet areas (including toilet bowl)

Assure Hand Cleansing Gel

The ASSURE Hand Cleansing Gel is a solution that helps to disinfect the hands without soap and water, anywhere and anytime. It supresses odour and leaves your hands soft and clean even without washing. It dries fast and does not leave a sticky layer on the skin.

The 70% v/v alcohol-based gel is enriched with a unique blend of seven plants. It acts fast and helps to prevent infections. It is an on-the-go, rinse-free and non-sticky instant hand protection solution.

The seven herbs include:

Lime juice: It has curative properties and acts as a natural antibiotic

Rosemary leaf oil: It is used as a disinfectant

Neem leaf extract: It is one of the best healing and disinfectant agents

Sage oil: It has antiseptic and antibacterial properties

Aloe leaf juice powder: It helps to relieve pain, reduce swelling and quell itching

Thyme oil: It is used for its antiseptic properties

Vetiver root oil: It mostly has protective activity as well as soothing benefits

Vestige recently launched the ASSURE Germ Protection Soap, a perfect solution for a family’s everyday hygiene needs. It ensures two-fold care for you and your loved ones. Assure Germ Protection Soap not only removes germs to protect you from common communicable diseases, it also ensures that the repeated use of the soap does not have any adverse impact on your skin.

* HYVEST Ultra Protek comes in a 170 gram pack and is priced at MRP ₹325.00, inclusive of all taxes.

* ASSURE Hand Cleansing Gel comes in a 500 gram pack and is priced at MRP ₹340.00, inclusive of all taxes.

* ASSURE Germ Protection Soap comes in a 75 gram pack and is priced at MRP ₹55.00, inclusive of all taxes.

Wednesday, July 29, 2020

Global Consumer Electronics Giant Hisense to Introduce Next Gen Tech Products in India

Next Gen Tech Products

* Announces the launch of its range of QLED, UHD & Smart televisions on August 6th on Amazon, Flipkart, TataCliQ and Reliance Digital
* Aims to upgrade buyers with entire 4K range having Dolby Vision and Dolby Atmos technology
* Also plans to bring in Laser TV, 8K Dual Cell TVs along with UHD, Intelligent ACs with Wifi and premium refrigerator in India at enticing prices

Hisense, a leading consumer electronics and appliance manufacturer of the world is entering the India market with a range of products including next generation technology display products like 100” Laser TV, 86” 8K TVs, Dual Cell QLED TV & OLED TV. Besides these futuristic technology products, the brand will be launching its range of QLED, UHD and Smart televisions on August 6th on Amazon, Flipkart, TataCliQ and Reliance Digital followed by Intelligent ACs and premium Side by Side Refrigerators this year.

Known for its glorious 51 Years, Hisense is a global technology leader and has recently acquired the premium European brand Gorenje and leading Japanese brand Toshiba TV in addition to existing portfolio of brands with an aim to expand globally. With both Hisense and Toshiba, the Hisense group is targeting 40 million TV sales aiming at number two position globally. The brand is operating in over 160 countries and is committed to continuous production innovation with 14 Intelligent manufacturing bases and 18 R&D hubs across the globe. The brand also invests 5% of its revenue back into R&D every year. Sports has also been one of keen area of association for the brand and has been associated with FIFA World Cup, Australian Open, Red Bull F1 Racing, UEFA Euro Championships etc and is also the official partner of UEFA Euro 2020.

Speaking about the launch, Mr. Rishi Tandon, COO Hisense India said, “We are extremely excited to be a part of one of the biggest growing markets in the world. Our goal is to become an aspirational premium brand offering niche, innovative products and solutions at very competitive prices. Our new Made in India range of Smart & 4K televisions are fully loaded and enhancing consumer delight to make their life better will be a key focus area for us. Our products offer uncompromised quality with a seamless, smart and enjoyable viewing experience.”

Hisense will be launching next generation TV Products including Laser TV’s, World’s first DUAL CELL TV products by end of the year. The brand will also be bringing in a range of Toshiba TVs next month.  Apart from the smart television range, Hisense Group will also introduce its Air Conditioners range with intelligent health filters with smart cooling and big capacity refrigerators in French door concept which is currently out of reach due to limited options for the consumer.

The upcoming new Made in India television series of Hisense Amazing 4K LED TV are specially designed, manufactured and packed with innovation and top-notch technology features based on feature insights from the Indian market at the most competitive price points. In collaboration with Dolby, Hisense 4K TVs will be equipped with Dolby Vision & Dolby Atmos for full immersive & engaging cinematic experience.  Dolby Vision, the advanced form of HDR with its Frame by frame processing to brings out the ultimate brightness, color and contrast on screen. Moving audio on screen of Dolby Atmos transports you to the middle of action for a breathtakingly immersive experience The Quantum Dot technology in the TV’s create huge amount of color combinations to present stunning picture quality and Full Array Local Dimming with more dimming zones for better contrast ratio and a bezel-less slim design identity across entire range.

The entire range of Hisense televisions come equipped with the official Android TV 9.0 PIE operating system and official Google Play Store app preloaded giving access to 500,000+ TV shows and movies. The entire range has a Built-in Google Assistant and Built-in Chromecast for a seamless casting of any HD or Full HD content on the big screen.  The range also comes with One touch access feature on the remote, the applications Youtube, Netflix, Disney+Hotstar, Prime Video can be easily browsed through the press of a button.

Starting with Hi to Hisense campaign, the entire range of 4K & Smart televisions will be available online on Amazon, Flipkart, TataCliQ and Reliance Digital starting August 6, 2020.  As an introductory celebration offer and as reinforcer of its confidence on product quality, the brand shall be offering 5 Year warranty on the panel along with certain inaugural discount over its normal operating prices for the first three days of launch i.e. from 6th to 9th Aug 2020.

To ensure consumer delight, the brand shall be ensuring that its service is readily accessible with fast response time and a wide cover having network across more than 18,000 pin codes with 400+ service centers.

Hisense Group has regularly been awarded at international platforms for their product innovation and leadership. The brand received 8 awards in the beginning of 2020 at CES including CES 2020 TOP PICK, Best of CES 2020 for its premium range of LED and Laser TV and Best Fridge Freezer and Induction hob by Trusted Review.

About Hisense

Hisense is global technology leader in manufacturing premium televisions with an impeccable track record of providing top quality products. It is known for its glorious 51 Years of Global Trust and Innovation worldwide. Striving to push the boundaries of innovation and working tirelessly on the research and development, it is one of the world’s leading television manufacturers. Hisense is a leading TV brand worldwide and is also the leading TV brand in countries like Australia, USA, Japan, Mexico and South Africa. Hisense is having footprints globally with presence in over 160+ countries having 14 manufacturing facilities located including countries like Mexico, Slovenia, Serbia, Mexico, Czech, South Africa etc. The group is committed to continuous innovation with 18 R&D hubs across the globe and invests 5% of its revenue back into R&D every year with the sole aim of delivering first-rate and affordable products that improve the lives of consumers.

Tuesday, July 28, 2020

Total and Indian Oil Form Joint Company in India to Offer High-Quality Bitumen Derivatives


Indian Oil Corporation, India’s largest refiner and marketer of petroleum products, and Total, broad energy company with headquarters in Paris, France, announce the formation of a 50:50 Joint Venture(JV) company that will manufacture and market high-quality bitumen derivatives and specialty products for the growing road-building industry in India. 

Total is the leading bitumen manufacturer and supplier in Europe, while Indian Oil is the largest player in the Indian bitumen market. The two companies have already an established business relationship in India, notably in LPG and fuel additives businesses. 

The new JV will combine the R&D and marketing strengths of both Indian Oil and Total to manufacture and market innovative bitumen formulations and superior quality products such as polymer-modified bitumen, crumb rubber modified bitumen, bitumen emulsions and other specialty products. The JV will set up manufacturing units across the country with cost-effective logistics solutions, keeping innovation, safety and sustainability at the helm of its operations. The JV will also explore possibilities to cater to other South Asian markets. 

“India is a strategic country for the future of Total and we are delighted by this partnership, yet another testimony of our commitment to this fast-growing market.” highlighted Patrick Pouyanné, Chairman and CEO of Total. “Today, Total is further cementing its longstanding business cooperation with Indian Oil, into a strong and sustainable new partnership. With this agreement, we are pursuing the growth of businesses with key Indian energy players, adding to our ongoing developments in renewables, gas and power.” 

Shrikant Madhav Vaidya, Chairman of Indian Oil said: “The Indian Oil-Total joint venture company would combine Indian Oil’s credentials as India’s Flagship National Oil Company and the Total’s strength as an International Energy Major. This would cater to B2B customers involved in road infrastructure development, both in the government and private sectors and I am confident that this would start a revolution in road construction activities in the country by providing superior technology products at competitive prices”. 

He added: “This joint venture company would bring in latest technologies and formulations for Polymer Modified Bitumen (PMB) and other fast-growing non-conventional derivatives such as Cold Mix & Micro Emulsion, Block Bitumen, etc. to the Indian market. The operations of this JV would commence by taking over an existing plant of Total at Jodhpur and subsequently set up new Greenfield plants”. 

The Government of India has a strong focus on developing the country’s road infrastructure with mega projects like the ‘Bharatmala project’ which envisages development of 34,800 km of roads at an estimated investment of over Rs. 5 lakh crore in the first phase (equivalent to approximately 66 billion USD). 

The demand for aggregate material and manufactured material for the highway construction and rehabilitation sector in India is very high, especially for good-quality bitumen derivatives. The Indian Oil and Total JV will offer high-spec products using sustainable technologies. 

Friday, July 24, 2020

Amazfit PowerBuds TWS with Noise Cancellation and HR Monitor Launching on Aug 7, 2020

Tech Gadgets

* True Wireless Sports Earphones with Heart Rate Monitoring, Magnetic Ear Hooks and Superior Sound
* ENC Dual-Microphone Noise Reduction Filtering Ambient Noise for HD Calls
* Will launch on Amazon and Brand’s online store https://in.amazfit.com 

Huami Corporation, a biometric and activity data-driven company with significant expertise in smart wearable technology and the number 1 smartwatch brand in the Indian watch segment, soon going to launch their most awaited professional fitness TWS earphones, Amazfit PowerBuds in India on Amazon and Brand’s online store https://in.amazfit.com.

Scheduled to debut in India during Amazon Prime Day, these powerbuds are equipped with an in-ear PPG heart rate sensor, magnetic sports ear hook, and ENC- dual-microphone noise reduction for calls, etc. Featuring 8 hours of playtime on a single charge and the portable magnetic charging case offers up to 24 hours of music on-the-go. The Amazfit PowerBuds provide superior sound for calls and music; The ENC dual microphone helps filter the background noise, ensuring call clarity. The advanced composite diaphragm delivers stunning, clear sound quality, and the Motion Beat Mode enhances the bass effect, making the beats of your music clearer and more powerful to energize your workouts.

Equipped with intuitive tap control and in-ear detection, the music can automatically play or pause when putting on or off the earbuds. These powerbuds come with IP55* water and dust resistance rating. The Amazfit Powerbuds are safe from dust, rain, and sweat, keeping you free from worry during workouts.

Amazon Link: https://www.amazon.in/l/21868476031

About Huami Corporation 

Huami is a biometric and activity data-driven company with significant expertise in smart wearable technology. Since its inception in 2013, Huami has quickly established its global market leadership and recognition by shipping millions of units of smart wearable devices. In 2018, Huami shipped 27.5 million units of smart wearable devices. Huami has one of the largest biometric and activity databases in the global smart wearables industry. Huami's mobile apps work hand in hand with its smart wearable devices and provide users with a comprehensive view and analysis of their biometric and activity data.

Friday, July 17, 2020

Infogain Recognized as 3rd Fastest Growing Company in Everest Group’s Engineering Services Top 50™ 2020


Infogain, a Silicon Valley based digital platform and software engineering company­, is pleased to announce that it ranked 3rd in revenue growth and 32nd overall in Everest Group’s Engineering Services Top 50™ 2020, a global list of the 50 largest providers of outsourced engineering services. In addition, ChrysCapital-backed Infogain’s buys of Microsoft (NASDAQ:MSFT) Azure Expert MSP Silicus Technologies and strategy and design firm Revel Consulting featured in the report’s list of key acquisitions made by engineering companies in 2019.

Third-party providers were evaluated and ranked based on their CY 2019 engineering services revenue and year-on-year growth. This is the second year Everest Group has released an Engineering Services Top 50™ list, with this year’s Top 50™ accounting for $45.9 billion in revenue as compared to $40.5 billion in CY 2018.

Infogain was credited for offering key engineering services across select verticals, including Software Products, Computing Systems, Consumer Electronics, Healthcare & Medical Devices, Industrial & Energy, and Automotive.

Ayan Mukerji, President and Chief Operating Officer at Infogain, said, “We are pleased to make Everest Group’s Engineering Services Top 50™ 2020 list and to be recognized as 3rd for revenue growth. 2019 was a great year for us: we closed several large deals and joined hands with two outstanding companies offering niche, high-value-add services. This ranking is a great testament to Infogain’s software engineering expertise and relentless commitment to delivering value to our customers.”

The Top 50™ list helps enterprises get a better sense of the global third-party engineering services landscape, make more informed sourcing decisions, and identify new ways to leverage third-party engineering services providers. This list also helps service providers make better assessments of their competitive positions compared to their peers.

The Everest Group Engineering Services Top 50™ 2020 report can be viewed here.

About Infogain

Infogain is a Silicon Valley headquartered company with digital platform and software engineering expertise in the travel, retail, insurance, healthcare, and high technology industries. We accelerate design-led transformation and delivery of digital customer engagement systems and platforms. Infogain engineers business outcomes for Fortune 500 companies and digital natives using technologies such as cloud, microservices, robotic process automation, IoT, and artificial intelligence.

A ChrysCapital portfolio company, Infogain has offices in California, Washington, Texas, London, Dubai, India, and Singapore, with delivery centers in Austin, Kraków, New Delhi, Bangalore, Pune, and Mumbai.

Thursday, July 16, 2020

Godrej Protekt, Indian Railways Parner for Hygiene-Based Safe Rail Travel Program by Introducing Personal & Home Hygiene Range

Travel Safe

* With new products, Godrej Protekt forays in segments like soaps, disinfectant sprays, face masks, fruit & veggie disinfectant and dish washing liquid
* Partnership with Mumbai division of Central Railway for a social initiative to promote safe rail travel and hygiene

To empower people to live fearlessly in the ‘new normal’, Godrej Protekt, India’s trusted hygiene brand from Godrej Consumer Products Limited (GCPL), introduces a complete personal and home hygiene range of twelve products. Offering 99.9% protection against germs, bacteria and viruses, the range includes Godrej Protekt Health Soap, Body Wash, Germ Protection Fruit & Veggie Wash, Germ Protection Dish Wash Liquid, INR 1 Hand Sanitiser Sachet, Air & Surface Disinfectant Spray, On the Go Disinfectant Spray, Surface & Skin Anti-Bacterial Wipes, PW95 Face Masks, and Multipurpose Disinfectant Solution.

Till recently, Godrej Protekt was present only in hand hygiene segment with hand sanitisers and handwashes including Mr. Magic – India’s first powder to liquid handwash, in its portfolio. With the new range, Godrej Protekt becomes a complete personal and home hygiene brand. It is foraying for the first time in segments like soaps, disinfectant sprays, face masks, fruit & veggie wash and dish washing liquid. Thus, Godrej Protekt will now offer hygiene based protection for home, kitchen and personal use.  It has also introduced hand sanitiser in a sachet format at INR 1 for the first time.
 
Commenting on the occasion, Sunil Kataria, CEO - India and SAARC, Godrej Consumer Products Limited (GCPL), said, “Godrej Protekt's purpose is to alleviate hygiene concerns of consumers with the personal and home hygiene range. We have become a complete hygiene-suite for home, kitchen and personal use. Our key new products include Germ Protection Fruit & Veggie Wash, Germ Protection Dish Wash Liquid, INR 1 Hand Sanitiser Sachet, Air & Surface Disinfectant Spray, On the Go Disinfectant Spray, Surface & Skin Anti-Bacterial Wipes, and Multipurpose Disinfectant Solution. As a brand, Godrej Protekt aims to be INR 500 crore in next 3 years.”
 
He further added, “We have partnered with the Indian Railways' Central Railway zone to promote travel hygiene amongst passengers and rail employees. 2 lac products of our new range like Hand Sanitiser Sachets, On the Go Disinfectant Spray will be used in passenger trains for a safe travel experience. Our Air and Surface Disinfectant Spray will be used to disinfect surfaces of ticket booking counters as well. We look forward to the partnership with Central Railways to build an initiative which will positively impact people's lives.”

As a purpose-driven brand, Godrej Protekt has effectively utilised the new range for an initiative in partnership with Indian Railways’ Central Railway zone. In the new normal, regular activities like rail, flight, and road travel, will be impacted. Health risks perceived by people will need immediate acknowledgement, to boost their confidence and reassure a safe travel experience. Under the aegis of Protekt India Movement, Godrej Protekt and Mumbai division of Central Railway will run a joint program to improve travel hygiene and its awareness amongst passengers and rail employees. The following activities will be undertaken as part of the joint program: 

* Safe travel awareness-raising activities will be conducted at railway stations under Central Railways

* Godrej Protekt Health Soap will be given to railway employees to boost their hand hygiene

* Godrej Protekt Hand Sanitiser sachets to be distributed amongst passengers on Central Railway local trains as well as long-distance trains originating from Mumbai for cities like Bengaluru, Hyderabad, Thiruvananthapuram, Patna, Lucknow, Varanasi, Bhubaneswar, Guwahati, Gorakhpur, Darbhanga, and Gadag

* Godrej Protekt’s On the Go Disinfectant Spray, with 99.9% germ protection and anti-bacterial capabilities, will be used in the above mentioned long-distance trains to disinfect hard surfaces like passenger’s luggage along with handles, seats, armrests, door handles

* Surroundings and surfaces of ticket booking counters of Central Railway stations in Mumbai will be disinfected with Godrej Protekt Air and Surface Disinfectant Spray, an aerosol spray which kills 99.9% germs and bacteria. 87 ticket booking counters of 53 stations between CST upto Karjat, Panvel and Kasara, will be covered

* Both entities will co-create digital content around hygiene practices necessary for rail travel during COVID-19 times. This will be to build awareness amongst 4.12 lac combined followers of Central Railways on social media platforms like Facebook, Twitter and Instagram.

The program will cover close to 400 local and long-distance COVID-19 special trains. The on-train activities will benefit passengers of long-distance trains traveling from Mumbai to states like Uttar Pradesh, Bihar, Assam, Karnataka, Odisha, Telangana, Kerala and other parts of Maharashtra. Passengers of Mumbai local trains running under Central Railways will benefit as well. Around 2 lac products from Godrej Protekt new personal and home hygiene will be offered by Godrej Protekt for this program.

Commenting on the joint program, Gaurav Jha, Sr. DCM, Mumbai Division, Central Railway, said, “Through a joint awareness program with Godrej Protekt, Central Railways highlights its commitment towards health and safety of our passengers and employees. This is a unique social initiative aiming to boost hygiene standards awareness as well as gear them with relevant solutions at select touchpoints. This will encourage people to travel more by rail. We will connect with passengers on-ground, in-train and via digital media through this program. Seeing its success, we can replicate this program across various zones of Indian Railways.”

About Godrej Consumer Products Ltd:

Godrej Consumer Products is a leading emerging markets company. As part of the 123-year young Godrej Group, we are fortunate to have a proud legacy built on the strong values of trust, integrity and respect for others. At the same time, we are growing fast and have exciting, ambitious aspirations.

Today, our Group enjoys the patronage of 1.15 billion consumers globally, across different businesses. In line with our 3 by 3 approach to international expansion at Godrej Consumer Products, we are building a presence in 3 emerging markets (Asia, Africa, Latin America) across 3 categories (home care, personal wash, hair care). We rank among the largest household insecticide and hair care players in emerging markets. In household insecticides, we are the leader in India, the second largest player in Indonesia and are expanding our footprint in Africa. We are the leader in serving the hair care needs of women of African descent, the number one player in hair colour in India and Sub-Saharan Africa, and among the leading players in Latin America. We rank number two in soaps in India and are the number one player in air fresheners and wet tissues in Indonesia.

But for us, it is very important that besides our strong financial performance and innovative, much-loved products, we remain a good company. Approximately 23 per cent of the promoter holding in our Group is held in trusts that invest in the environment, health and education. We are also bringing together our passion and purpose to make a difference through our 'Good & Green' approach to create a more inclusive and greener India.

At the heart of all of this, is our talented team. We take much pride in fostering an inspiring workplace, with an agile and high performance culture. We are also deeply committed to recognising and valuing diversity across our teams.

Sunday, March 15, 2009

Will Creative Technology layoff 300 jobs?

Struggling Singaporean digital entertainment products maker Creative Technology is to cut 300 jobs globally, mostly in Europe and the United States, the company said.

It said in a statement the company said that there would be a restructuring charge of 10 million dollars for severance payments and headcount cost reductions in the current third quarter ending March.

The Singapore-listed firm has struggled to make inroads against Apple's iconic iPod in the MP3 or digital music player market despite pumping in massive investments.

In the second quarter ended December 2008, Creative Technology racked up a net loss of 32.4 million dollars compared with a profit of 7.6 million dollars for the same period in the previous financial year.

Agencies

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