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BWI News on January 25, 2011


ZAP Completes 51% Acquisition of China's Jonway Automobile, Cathaya Capital Funds Total of US$36 Million
Electric vehicle market pioneer ZAP (OTCBB:ZAAP) announced today that it has completed its acquisition of 51 percent of the capital stock of Zhejiang Jonway Automobile Co. Ltd. of Sanmen, Zhejiang, China. Cathaya Capital LP has funded the aggregate amount of US$36 million. Business Wire India

A.M. Best Revises Outlook of The New India Assurance Company Limited
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of The New India Assurance Company Limited (New India) (India). Business Wire India

Seven Key Opinion Leader (KOL) Identification Clients Select Heartbeat Experts for Global, Enterprise KOL Management
Heartbeat Experts has reported that seven existing KOL identification clients have expanded their contracts, selecting the company to provide solutions for global, enterprise Key Opinion Leader (KOL) management Business Wire India

Hilton Worldwide Makes History with Record Room Totals among Many Milestones in 2010
Hilton Worldwide has furthered its mission to be the preeminent global hospitality company with several major accomplishments in 2010, including breaking existing room records. Last year Hilton Worldwide became the largest hospitality company in the U.S Business Wire India

Quintiles Speeds Early-Phase Decision Making with New Unit in Hyderabad, India
Quintiles, the only fully integrated bio pharmaceutical services company offering clinical, commercial, consulting and capital solutions worldwide, has officially opened its new Phase I research facility in Hyderabad, India at Apollo Health City. Business Wire India

Solace Systems and Serisys Sign Strategic Partnership Agreement for Japan
Solace Systems, the leading provider of messaging middleware appliances, has announced that Serisys Solutions Limited has been selected as the strategic partner to accelerate the growth of Solace Systems’ business in Japan. Business Wire India

Heathrow Express Tickets Now Available on the iphone
Heathrow Express, the fastest way to travel between central London and Heathrow Airport, has launched an iPhone app which is the first UK iPhone app to allow passengers to purchase and receive tickets direct to their phone. Business Wire India

Rediff.com Reports Results for the Third Quarter Ended December 31, 2010
We achieved significant growth this quarter as a result of efforts in product innovation and efficiency improvement Business Wire India

Clash of the Boards 2011’ to be held on 26th January
Business Wire India

Shell extends Technical Partnership with Ducati until 2013
Shell is delighted to announce that Shell Advance’s technical partnership with the Ducati MotoGP team has been extended until the end of the 2013 season. The extended relationship will ensure the continued development of tailored Shell Advance lubricant and Shell V-Power fuel for the Desmosedici bike Business Wire India

Next gen CIM Applications unveiled by Drishti-Soft and Microtel in Singapore
Drishti-Soft along with their VAR (Value-added reseller) Microtel Technology organized a focused product seminar for the Singapore users to unveil their latest CIM applications for contact centers. With Customer Interactions Management (CIM) solution offerings forming the core agenda, the seminar brought together SIs and end-users i.e Business Wire India

Hindustan Zinc Limited Results for the Third Quarter and Nine Months Ended 31 December 2010
Hindustan Zinc Limited ("HZL" or the "Company") today announced its unaudited results for the third quarter ("Q3") and nine months ("nine months period") ended 31 December 2010. Business Wire India

SHB, Vietnam Goes Live With Intellect™ Global Universal Banking
Polaris Software (POLS.BO), a leading Financial Technology Company, today announced that Saigon Hanoi Bank (SHB), one of the leading commercial banks in Vietnam has completed 5 successful months post Go Live with Polaris’ Global Universal Banking (GUB) platform (Intellect™ 10.0) Business Wire India

Prof. S. Sriram, Executive Director, Great Lakes Wins AIMS International ‘Outstanding B-school Director Award’ for 2010
Association of Indian Management Schools (AIMS) International has awarded Prof. S. Sriram, Executive Director of Great Lakes Institute of Management the ‘Outstanding B-school Director for 2010’. The award was presented at the 8th AIMS International Conference on Management held at the Indian Institute of Management Ahmedabad Business Wire India

First MSD Wellcome Trust Hilleman Laboratories' Project Aims to Assess New Formulation Technologies for a Potential Rotavirus Vaccine for Use in Developing Countries
The MSD Wellcome Trust Hilleman Laboratories announced today that the organization’s first project will be a feasibility study into how new technologies might be used to develop a rotavirus vaccine designed specifically with developing country needs in mind Business Wire India

Diba Launches New Website
Diba, world leader in custom fluid path solutions and products, has launched a new website. The website (www.dibaind.com) offers customers improved access to product support and technical information. The website’s streamlined design features easy navigation and a new search feature for quicker access to pertinent information Business Wire India

SYSTIME Named Partner of the Year for Oracle Fusion Middleware for Applications in India
Oracle (NASDAQ:ORCL) and SYSTIME, today announced that SYSTIME, an Oracle PartnerNetwork (OPN) Platinum level partner, has been awarded Oracle Partner of the Year for Oracle Fusion Middleware for Applications (OFM4Apps) for the Year 2010 in India Business Wire India

In-Country Sales Manager Strengthens Perma Pure’s Business in India
Leading gas conditioning products manufacturer Perma Pure has solidified its commitment to the Indian market with the appointment of Mahadev Hatti as its dedicated Sales Manager for India. Based in Mumbai, Mr Hatti will support customers of Perma Pure’s emissions monitoring products, as well as explore new opportunities for Perma Pure’s medical, scientific and fuel cell products Business Wire India

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