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India News on May 8, 2013


HDFC Ltd. Financial Results for the Year Ended March 31, 2013
Performance Highlights -- 22% increase in the consolidated profit after tax to INR 6,639.72 crores for the year ended March 31, 2013 -- 18% increase in the standalone profit after tax to INR 4,848.34 crores for the year ended March 31, 2013 -- Dividend of INR 12 Business Wire India

Ken Research: India Seed Industry Outlook to FY’2018 - Rapid Hybridization in Vegetables, Corn and Rice to Impel Growth
-- Indian Seed Industry Size Reached INR 110 Billion in 2013 -- Expected robust growth in Hybrid Vegetable Seeds segment -- Increase in revenue can be attributed to the increased adoption of BT cotton hybrids, single cross corn hybrids and hybrid vegetables Business Wire India

OLX.in Acknowledges Destitute Mothers with their Successful Endeavour “Every Mother Counts”
Using the concept of Mother’s Day to reach out to a new and otherwise neglected section of society, “Every Mother Counts”, a first social initiative of its kind by OLX.in, successfully recognised underprivileged mothers across the country Business Wire India

US Consul General Honors 3i Infotech Ltd. with the “Best Enterprise Resource Planning Solution for MRD and BFSI” Award
3i Infotech Ltd., a global IT solutions provider, has won the prestigious Indo-American Society’s “Best ERP Solution for MRD and BFSI sectors” award for ORION™. This award recognizes 3i Infotech Ltd Business Wire India

Delhi based Artist Neeraj Sharma Dedicates his New Paintings to PSY’s “Gangnam Style”
Inspired by the South Korean pop star Psy’s world famous horse-riding dance in Gangnam Style, a Delhi based artist has dedicated his new painting to PSY Business Wire India

Jones Lang LaSalle India Appoints Nitish Bhasin as Managing Director - Markets
Leading international property consultants Jones Lang LaSalle India announced today that the Firm has appointed veteran CRE specialist Nitish Bhasin as Managing Director - Markets Business Wire India

Cloe – Premier Lingerie Brand Launches its Exclusive Online Store - www.MoodsofCloe.com
Promises to bring “affordable style” to your lingerie drawer. Premier lingerie brand, Cloe has announced the launch of its exclusive outlet, www.MoodsofCloe.com in India. Backed by Zurich based Mountain Partners AG and Apollo International Group, Cloe designs, manufactures and distributes premium fashion lingerie, innerwear, shape wear, stockings and nightwear Business Wire India

GIEOM a Bangalore based Software Product Company Selected as Semi-Finalist for SWIFT’s Innotribe Startup Challenge
We are pleased to announce that GIEOM has been selected as a semi-finalist of the Innotribe Startup Challenge, organized by SWIFT, honouring the company as one of the most promising financial technology and financial services start-ups. On 16th May, GIEOM will compete against 4 other growth-stage innovators at the Innotribe Challenge Showcase in Singapore Business Wire India

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