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India News on May 20, 2013


Astral Poly Technik once again Delivers a Robust top-line & PAT Growth of 42% & 50% Respectively for the Financial Year 2012-2013
Astral Poly Technik Limited, leaders in manufacturing of CPVC pipes & fittings announced the financial results for the year ended on 31st March, 2013. Overview of Q4 FY 2012-13 v/s Q4 FY 2011-12 -- Company’s sales from operations increased by 43% to Rs. 2,610.90 Mn 2012-13 as against Rs. 1,820.4 Mn in the previous year. (On full year basis Sales has increased by 42% from Rs. 5,793.2 Mn to Rs Business Wire India

Panasonic Achieves New Milestone, Reaches 1 Million AC Sales in India
Further aims to capture 20% market share in Split AC segment in FY 2013 Planning to invest 120 crores for the AC segment in FY 2013 Panasonic today announced setting yet another milestone by hitting 1 Million Air Conditioner sales in India since April, 2008. Understanding and meeting the customer requirements & needs has been a constant endeavor at Panasonic Business Wire India

ZALP – An Employee Referral Booster that Guarantees to Transform the Recruiting Process of Indian Organizations Like Never Before
In what could be a boon to corporate recruiters, Pebstone Infotech - a social media and mobile technology company has launched ZALP - a SaaS based social employee referral recruiting solution. After successfully launching in the United States, ZALP now aims to awaken Indian recruitment professionals to the importance of employee referrals and the wide reach that social recruiting has to offer Business Wire India

RED Express Brings Swiftness in the Domestic Express Industry with a Range of Incredible Services
Dynamic services offered by RED Express are: RED Flash: Same Day Delivery is now possible with Red Express’s revolutionary service RED Flash. Our premium product offers Same Day Delivery, which has never been experienced in the Industry before. We cater to this service with the highest priority Business Wire India

‘.IN.NET’ – New Internet Address for India, Launching June 17th
The Directi Group, India’s largest supplier of domain names, has launched a new internet addressing domain ‘.IN.NET’. The new privately operated, Indian focused address will offer shorter, more memorable, first choice names which are otherwise hard to find in .com, .net or .in. So for instance, instead of registering mukeshandsons.in or Business Wire India

5th National Annual Survey on ESOPs from ESOP Direct
ESOP Direct, a leading solutions company in the space of Equity based compensation in India announced the results of their fifth annual survey – Equity Compensation trends 2012. The survey, conducted by ESOP Direct, included responses from 117 Indian Companies (includes both listed and unlisted categories) Business Wire India

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