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BWI News on July 11, 2012


NGP Energy Capital Management Announces $3.586 Billion Fund
NGP Energy Capital Management (“NGP”) announced that the final closing of NGP Natural Resources X, L.P. (“NGP X”) occurred on June 29, 2012 with total commitments of $3.586 billion Business Wire India

SmartStream Awarded Multiple SWIFTReady 2012 Labels for the Fourth Consecutive Year
SmartStream, the financial Transaction Lifecycle Management specialist, today announced that its TLM Corona version 7 solution has been awarded the SWIFTReady Reconciliations and SWIFTReady Payments Exceptions and Investigations labels for 2012, following a stringent criteria process. Business Wire India

French Expats Vote Online in Legislative Elections with Scytl’s Technology
The French Ministry of Foreign Affairs has successfully conducted the national legislative elections electronically allowing the French citizens residing abroad to vote by using the Internet voting solution provided by Scytl, a leading provider of secure election technology worldwide. Business Wire India

Rapaport Melee Diamond Index (RMI) Down 13% in 2Q to 122.48
The Rapaport Melee Index (RMI) for small diamonds dropped 13% to 122.48 in the second quarter of 2012. Melee diamond prices fell as Far East and Indian demand slowed as the Rupee declined sharply. Overall diamond trade liquidity has also become problematic as banks deal with global economic uncertainty and the European banking crisis Business Wire India

ZTE Wins Viettel 2G/3G Network Contract in Peru with its Uni-RAN Solution
ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment and network solutions, today announced that it has won a national 2G/3G wireless network project in Peru with mobile operator Viettel Business Wire India

The Valence Group is Acting as M&A Advisor to Arkema in Relation to the Potential Divestiture of Its Tin Stabilizer Business
The Valence Group is advising Arkema on its announced project for the sale of its tin stabilizer business to PMC Group, headquartered in Mount Laurel, NJ, a manufacturer of performance chemicals and plastics. This proposed divestment of organometallic products includes Thermolite® tin stabilizers, Fascat® catalysts, and fine chemicals Business Wire India

Mark Inskip Appointed as Managing Director, Europe at Group FMG
Dilip Keshu, Global CEO, Group FMG has announced the appointment of Mark Inskip as Managing Director of Europe for the company. Business Wire India

India and Smart Technology: the promise of accelerated social and economic development
Every year, the CARTES Event highlights one country among the major emerging countries which offers considerable development prospects in terms of products, solutions and services for the smart security industry (SIM cards, bank cards, secure documents and trusted services). For 2012, CARTES has chosen India Business Wire India

AGCO Announces Tier 4 Final/Stage IV Engine Strategy
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, has announced its Tier 4 Final/Stage IV engine emissions strategy for its AGCO POWER diesel engines Business Wire India

Ganga Skies New Pimpri Residential Project Launch by Goel Ganga Developers in Pune, Pimpri New Launch Apartment
Ganga Skies is new residential project launch by Goel Ganga Developers located at Pimpri, Pune. Ganga Skies offers specious 2BHK and 3BHK flats of size raging from 1150 Sq ft to 1571 Sq ft with all modern amenities Business Wire India

Expedia.co.in Announces Unbelievable Holiday Deals for Southeast Asia
As the heat segues into showers, Expedia, the world’s largest online travel company, adds to its lucrative array of unbeatable deals on hotel and flight packages. By virtue its joint venture with AirAsia, the world’s best low cost airline, Expedia brings unparalleled value for Indian travelers and gives them a reason to be happy even amidst the rising airfares and dipping rupee Business Wire India

HDFC’s Financial Results for the Quarter Ended June 30, 2012
The Board of Directors of Housing Development Finance Corporation Limited (HDFC) announced its results for the first quarter of the financial year 2011-12, following its meeting on Wednesday, July 11, 2012 in Mumbai. The accounts have been subject to limited review by the Corporation’s statutory auditors in line with regulatory guidelines Business Wire India

Emerson Provides State-of-the-Art Process Automation Technologies for Jubilant Life Sciences Plants in Gujarat
Emerson Process Management has completed installation and commissioning of digital automation technology for leading pharmaceutical company Jubilant Life Sciences’ plants in Bharuch, Gujarat Business Wire India

A Recent Investor Poll by Equitymaster Showed that 97% of the Respondents were Against Bailing Out of Sick Companies
-- 97% of investors against bailing out sick companies -- Equitymaster to forward the Poll results to the Civil Aviation Minister for his perusal Business Wire India

Ricoh India goes Charts Out a Strategic Expansion Plan to Grow 300% in Next 3 Years, goes Aggressive on IT System Integration Services
Ricoh India Limited, a subsidiary of Ricoh Company Limited, Japan, one of India’s fastest growing IT system integration company today announced its aggressive expansion plans backed by its core philosophy of comprehensive office solutions, tech-savvy and eco-friendly products and services to meet emerging customer needs Business Wire India

Third Time in a Row, New Delhi Emerged As the Most Competitive City in India According to the Study Done by Institute for Competitiveness, India
Highlights -- The much awaited India City Competitiveness Report 2012 was released on July 11, 2012 at the India-Singapore Business Forum 2012 at Taj Palace, New Delhi -- Hon’ble Prime Minister of Singapore, Mr. Lee Hsien Loong was present at the release event -- Dignitaries such as, Ms. Naina Lal Kidwai, Mr. Amitendu Palit, Mr. Bill Susinski, etc Business Wire India

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