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Shop CJ Brings 2nd Generation Instant-hair-building Technology

Business Wire India
Bringing in an advanced solution to the problem of thin and scanty hair, Shop CJ, Asia’s No. 1 home shopping network, has introduced a 2nd generation technology hair product ‘Hair4Real’ – a microfiber product for hair that gives the desired density to the hair instantly. ‘Hair4Real’ has been inspired by nature and provides volumising effect with added shine to the hair which works in 30 seconds. The product comes with a moisturizing hair lock spray which nourishes hair with ingredients like Aloe Vera, Rosemary, Lavender and number of Vitamins.
 
Available in Black and Dark Brown for Indian hair, ‘Hair4Real’ boasts of colour lock technology that gives natural and seamless look. This colour lock technology protects against sun damage and preserves the colour of hair. The colour will not run even if you sweat.
 
According to reports, more than 58% of men in the age of 30-50 years suffer from hair problems greying of hair and hair loss due to stressful lifestyle. Recommended by dermatologists, ‘Hair4Real’ is made up of consistently sized micro fibers which does not get stuck in pores and lets the skin breathe.
 
Dhruva Chandrie, COO, Shop CJ Network, said, “The demand for hair care product in India is growing high in number and natural products have made their way back in fashion. People now are becoming increasingly aware of the ingredients contained in the products that they use in everyday life. Hair4Real a natural product made of 2nd generation technology is an incredible product used in around 70 countries in the world. We are certain that our consumers will love the product.”
 
The product is available in all the platforms of Shop CJ at Rs. 799/. It delivers premium experience and fantastic results without harsh chemicals that people wish to avoid.
 
About Shop CJ Network Private Limited (“Shop CJ”)
 
SHOP CJ Network Pvt. Ltd. (Formerly Known as STAR CJ Network India Pvt. Ltd) is a 50:50 joint venture between the South Korean home shopping major, CJ O Shopping Co. Ltd. and Providence Equity Partners group. It operates a 24×7 home shopping channel called SHOP CJ (formerly STAR CJ Alive) and a web-based portal www.shopcj.com (formerly www.starcj.com), apart from its programs being available on many other channels. SHOP CJ channel is available on major DTH and analogue & digital cable platforms. It reaches more than 85 million households in India. One of its promoters, CJ O Shopping Co Ltd (“CJ”) operates Asia’s No.1 home shopping network  (in terms of  Gross Merchandise Value as per Technopak’s Report dated 2nd April 2015) operating in 10 sites, including Korea, China, Mexico, India, Japan, Vietnam, Thailand, Turkey and Philippines. CJ Shopping brings “shoppertainment” and trendy lifestyle products with value to its customers.
 
For further information on SHOP CJ, please visit our website http://www.shopcj.com/

Mega Attacks Hits New Record; Repeat Attacks Surge; Booter/Stresser Sites Launching Multiple Attack Vectors Simultaneously

Business Wire India
Akamai Technologies, Inc. (NASDAQ: AKAM), the global leader in content delivery network (CDN) services, today published the Q1 2016 State of the Internet – Security Report. The quarterly report provides a detailed view of the global cloud security threat landscape and in-depth analysis and insight into malicious activity observed across the Akamai Intelligent Platform. Download the latest State of the Internet – Security Report at stateoftheinternet.com/security-report.

“We have continued to witness significant growth in the number and frequency of DDoS and web application attacks launched against online assets, and Q1 2016 was no exception,” said Stuart Scholly, Senior Vice President and General Manager, Security Business Unit, Akamai. “Interestingly, nearly 60 percent of the DDoS attacks we mitigated used at least two attack vectors at once, making defense more difficult. Perhaps more concerning, this multi-vector attacks functionality was not only used by the most clever of attackers, it has become a standard capability in the DDoS-for-hire marketplace and accessible to even the least skilled actors.”
 
DDoS attack activity at a glance
 
During Q1, Akamai mitigated more than 4,500 DDoS attacks, a 125 percent increase compared with Q1 2015. As in recent quarters, the vast majority of these attacks were based on reflection attacks using stresser/booter-based tools. These tools bounce traffic off servers running vulnerable services such as DNS, CHARGEN, and NTP. In fact, 70 percent of the DDoS attacks in Q1 used the reflection-based DNS, CHARGEN, NTP, or UDP fragment vectors.
 
More than half of the attacks (55 percent) targeted gaming companies, with another 25 percent targeting the software and technology industry.
 
Q1 2016 also set a record for the number of DDoS attacks exceeding 100 Gigabits per second (Gbps): 19.  The largest of these mega attacks mitigated by Akamai peaked at 289 Gbps. 14 attacks relied on DNS reflection methods. Last quarter, there were only five mega attacks; the previous record was 17, set in Q3 2014.
 
During Q4 2015, repeat DDoS attacks became the norm, with an average of 24 attacks per targeted customer in Q4. The trend continued this quarter; targeted customers were attacked an average of 39 times each. One customer was targeted 283 times – an average of three attacks per day.
 
DDoS metrics
 
Compared with Q1 2015
 

  • 125.36 percent increase in total DDoS attacks
  • 142.14 percent increase in infrastructure layer (layers 3 & 4) attacks
  • 34.98 percent decrease in the average attack duration: 16.14 vs. 24.82 hours
  • 137.5 percent increase in attacks > 100 Gbps: 19 vs. eight

 
Compared with Q4 2015
 

  • 22.47 percent increase in total DDoS attacks
  • 23.17 percent increase in infrastructure layer (layers 3 & 4) attacks
  • 7.96 percent increase in the average attack duration: 16.14 vs. 14.95 hours
  • 280 percent increase in attacks > 100 Gbps: 19 vs. five

 
Web application attack activity
 
Web application attacks increased nearly 26 percent compared with Q4 2015. As in past quarters, the retail sector remained the most popular attack target, targeted in 43 percent of the attacks. But in a shift from last quarter, we saw a two percent decrease in web application attacks over HTTP and a 236 percent increase in web application attacks over HTTPS. There was also an 87 percent increase in SQLi attacks compared with the previous quarter.
 
As in recent quarters, the US was both the most frequent source of web application attack traffic (43 percent) and the most frequent target (60 percent).
 
Web application attack metrics
 
Compared with Q4 2015
 

  • 25.52 percent increase in total web application attacks
  • 1.77 percent decrease in web application attacks over HTTP
  • 235.99 percent increase in web application attacks over HTTPS
  • 87.32 percent increase in SQLi attacks

Bot activity snapshot

For the first time, we have included an analysis of bot activity in the State of the Internet – Security Report. Looking at bot activity over 24 hours, we tracked and analyzed more than two trillion bot requests. While identified and known, so-called good bots represented 40 percent of the bot traffic, 50 percent of the bots were determined to be malicious and were engaged in scraping campaigns and related activity.
 
Growth in DDoS reflectors
 
Using firewall data from the perimeter of the Akamai Intelligent Platform, our analysis showed a 77 percent growth in active Quote of the Day (QOTD) reflectors, a 72 percent increase in NTP reflectors and a 67 percent increase in CHARGEN reflectors compared to Q4 2015. Active SSDP reflectors declined by 46 percent.
 
Download the report
 
A complimentary copy of the Q1 2016 State of the Internet – Security Report is available for download at stateoftheinternet.com/security-report.
 
About Akamai
 
As the global leader in Content Delivery Network (CDN) services, Akamai makes the Internet fast, reliable and secure for its customers. The company's advanced web performance, mobile performance, cloud security and media delivery solutions are revolutionizing how businesses optimize consumer, enterprise and entertainment experiences for any device, anywhere. To learn how Akamai solutions and its team of Internet experts are helping businesses move faster forward, please visit www.akamai.com or blogs.akamai.com, and follow @Akamai on Twitter.

Photo Caption: Q1 2016 State of the Internet Security Report

Hilton Worldwide Reinforces its Commitment to Responsibly Source Seafood in Collaboration with World Wildlife Fund

Business Wire India

Hilton Worldwide (NYSE: HLT) reinforced its commitment to the environment by announcing multi-year sustainable seafood goals on World Oceans Day. In collaboration with World Wildlife Fund (WWF), Hilton has committed to implementing strong, global sustainable seafood goals in conjunction with the company’s Travel with Purpose strategy, which was launched in 2011 to use Hilton’s passion for hospitality to make a lasting, positive difference in people’s lives and the wider world.

 

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160608005138/en/

 

Hilton announces new industry-leading sustainable seafood goals on World Oceans Day (Graphic: Busine ...

Hilton announces new industry-leading sustainable seafood goals on World Oceans Day (Graphic: Business Wire)

Hilton’s sustainable seafood goals will comprise the global ban of procurement of endangered species as identified by WWF, and the transition of its seafood purchasing to sustainable and responsible sources. By 2022, Hilton will source at least 25 percent of its total global seafood volume for owned, managed and leased properties from Marine Stewardship Council (MSC) certified fisheries and Aquaculture Stewardship Council (ASC) certified farms. The remaining seafood will be sourced from fisheries and farms working toward MSC and ASC certification, comprehensive fishery and aquaculture improvement projects, or those listed as “green” on WWF regional seafood guides. WWF will help Hilton measure and report progress to ensure the company is on track to achieve its goals.

 

This commitment follows Hilton’s global ban on shark fin from restaurants and food & beverage facilities in 2014. In 2015, Hilton was first-in-industry to receive MSC chain-of-custody certifications in Europe and Asia. In the Americas, Hilton also sources shrimp from suppliers like Sysco that are committed to sustainable seafood.

 

“Identifying, implementing and scaling up responsible sourcing practices is a huge and complex task, but we are committed to addressing the environmental and social impacts of our supply chain – beginning with seafood,” said Maxime Verstraete, vice president of corporate responsibility, Hilton Worldwide. “We are pleased to work with WWF to further engage our Team Members, suppliers and guests, and leverage our company’s size and scale to help protect the world’s oceans for current and future generations.”

 

“By committing to buy more seafood from MSC-certified fisheries and ASC-certified farms around the world, Hilton is sending a strong market demand signal for responsibly sourced seafood,” said Caroline Tippett, director of seafood, World Wildlife Fund. “When multinational companies extend their commitments across their global operations, it increases sustainable seafood awareness and demand in various markets, which is especially valuable for those where the concept may be less advanced. In addition, it’s particularly important that the company will support MSC and ASC, as they represent the strongest certification programs for responsible seafood supply.”

 

In addition to collaborating to advance sustainable seafood, Hilton and WWF are also working together to improve the company’s water stewardship, reduce food waste, and accelerate the adoption of renewable energy. These efforts will help reduce pressure on fisheries, farms, and watersheds around the world.

 

About Travel with Purpose

 

Travel with Purpose is Hilton Worldwide's corporate responsibility commitment to providing shared value to its business and communities by creating opportunities for individuals to reach their full potential; strengthening communities where Hilton Worldwide operates; and preserving environments through the measurement, analysis and improvement of the company's use of natural resources. Visit cr.hiltonworldwide.com to learn more.

 

About Hilton Worldwide

 

Hilton Worldwide (NYSE: HLT) is a leading global hospitality company, comprising more than 4,660 managed, franchised, owned and leased hotels and timeshare properties with nearly 765,000 rooms in 102 countries and territories. For 96 years, Hilton Worldwide has been dedicated to continuing its tradition of providing exceptional guest experiences. The company's portfolio of 13 world-class global brands includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio – A Collection by Hilton, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages an award-winning customer loyalty program, Hilton HHonors®. Hilton HHonors members who book directly through preferred Hilton channels have access to benefits including preferred pricing, free standard Wi-Fi, as well as digital amenities that are available exclusively through the industry-leading Hilton HHonors app, where HHonors members can check-in, choose their room, and access their room using a Digital Key. Visit news.hiltonworldwide.com for more information and connect with Hilton Worldwide on Facebook, Twitter, YouTube, Flickr, LinkedIn and Instagram.

 

 

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Waldorf Astoria Set to Open in the Middle East’s Leading Financial District

Business Wire India

Waldorf Astoria Hotels & Resorts, Hilton Worldwide‘s (NYSE:HLT) luxury brand of iconic landmark hotels, announced the signing of a management agreement with Ward Holdings to open a property in the Middle East’s leading gateway for capital and investment, Dubai International Financial Centre (DIFC).

 

Waldorf Astoria Dubai International Financial Centre is expected to begin welcoming guests in Autumn 2017, and will offer travellers timeless luxury and exceptional experiences in this bustling area of Dubai. The hotel will join a prestigious portfolio of 25 Waldorf Astoria properties operating in diverse global destinations such as Amsterdam, Beijing and New York.

 

“Sound fundamentals underpin our luxury story in the Middle East, where we have seen exceptional growth in locations tailored for both leisure and business travellers,” said Carlos Khneisser, vice president of development, Middle East and North Africa for Hilton Worldwide. “I have long admired the role DIFC plays in the world of international investment, benefitting from its east meets west location and world-class trading framework. As an iconic luxury brand originating from New York, another centre of global finance, I am delighted that we will welcome Waldorf Astoria to this international hub.”

 

Forming part of a mixed-use residential, retail and office-space development, Waldorf Astoria Dubai International Financial Centre will feature 247 guest rooms, as well as a range of upscale dining options, spa and wellness facilities. Significant events space will include a grand ballroom and a further four meeting rooms, designed for social occasions and corporate events.

 

Mr. Shehab Gargash, representative of the property owners, said, “Our partnership with Hilton Worldwide for the management of this truly exceptional property under the Waldorf Astoria luxury brand, at the heart of one of the world’s most dynamic financial centres, will significantly enrich the high-end hospitality and dining environments in DIFC. It will offer business, as well as leisure travellers, new and compelling luxurious living option at the heart of Dubai’s major financial, business and commercial centres, with easy access to the largest shopping malls and a wide range of restaurants and entertainment.”

 

Dubai enjoys a prestigious reputation as a destination of choice for business and leisure travellers – with its array of upscale tourist attractions, attractive climate as well as being a hub for business and commerce in the region. The upcoming Dubai Expo 2020 will shine a year-long spotlight on the Emirate as more than 25 million visitors are expected to attend.

 

John T.A. Vanderslice, global head, Waldorf Astoria Hotels & Resorts, said, “Our luxury presence in the Middle East is further bolstered by this superb addition in DIFC, joining the UAE’s Dubai Palm Jumeirah and Ras Al Khaimah where we already welcome guests with True Waldorf Service. In the coming years we are set to open in new locations across the world, from Beverly Hills to Bangkok and Bali – as Waldorf Astoria continues to set the standard for international luxury travel.”

 

Across the Middle East, Hilton Worldwide is rapidly expanding its portfolio of mid-market, upscale and luxury properties within its distinct portfolio of brands. In 2015, notable milestones included the opening of three Hilton Garden Inn hotels in Dubai; the signing of an agreement for the first Hampton by Hilton in the Middle East; as well as confirmation of the first Curio, a Collection by Hilton for Dubai with The Rosemont Hotel & Residences. Waldorf Astoria Dubai International Financial Centre will be located on Al Saada Street, opposite DIFC and approximately 10 kilometres from Dubai International Airport (DXB).

 

From arrival to departure, guests will be embraced by the hotel's inspirational environments and welcomed by True Waldorf Service. Waldorf Astoria Dubai International Financial Centre’s Personal Concierges will ensure that each guest receives anticipatory and personalized service; before, during, and after their stay.

 

Waldorf Astoria Dubai International Financial Centre will participate in Hilton HHonors®, the only guest loyalty program where guests who book directly through www.waldorfastoria.com have access to benefits including a Personal Concierge and complimentary Wi-Fi at 25 Waldorf Astoria hotels worldwide.

 

Learn more about Waldorf Astoria Hotels & Resorts at www.waldorfastoria.com. Media can view renderings of Waldorf Astoria Dubai International Financial Centre and additional information at http://news.waldorfastoria.com/dubaiifc.

 

About Waldorf Astoria Hotels & Resorts

 

Waldorf Astoria Hotels & Resorts is a portfolio of 25 iconic properties in the world’s most sought after destinations. Unified by their inspirational environments and True Waldorf Service, Waldorf Astoria hotels deliver unparalleled, bespoke service from the moment a guest books through check out. Waldorf Astoria is a part of Hilton Worldwide, a leading global hospitality company. Experience Waldorf Astoria by booking at www.waldorfastoria.com. Learn about the brand by visiting http://news.waldorfastoria.com or following the brand on Twitter, Instagram, and Facebook.

 

About Hilton Worldwide

 

Hilton Worldwide (NYSE: HLT) is a leading global hospitality company, comprising more than 4,660 managed, franchised, owned and leased hotels and timeshare properties with nearly 765,000 rooms in 102 countries and territories. For 96 years, Hilton Worldwide has been dedicated to continuing its tradition of providing exceptional guest experiences. The company's portfolio of 13 world-class global brands includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio – A Collection by Hilton, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages an award-winning customer loyalty program, Hilton HHonors®. Hilton HHonors members who book directly through preferred Hilton channels have access to benefits including preferred pricing, free standard Wi-Fi, as well as digital amenities that are available exclusively through the industry-leading Hilton HHonors app, where HHonors members can check-in, choose their room, and access their room using a Digital Key. Visit news.hiltonworldwide.com for more information and connect with Hilton Worldwide on Facebook, Twitter, YouTube, Flickr, LinkedIn and Instagram.

 

 

Amplus Solar Gets National Excellence Award from Government of India for Rooftop Project Development

Business Wire India

Amplus Energy Solutions Private Limited (“Amplus”), a portfolio company of I Squared Capital and one of India’s leading solar developers, has been selected for the National Award for Rooftop Project Developers by the Ministry of New and Renewable Energy (MNRE). The award was presented as part of the first ever National Workshop on Rooftop Solar in India, organised by MNRE.

 

Sanjeev Aggarwal, Managing Director and CEO, Amplus, said, “We are delighted that the Government of India has recognized Amplus Solar as National leader in the distributed solar generation segment. Amplus provides best-in-class solar facilities under a PPA model, reducing technology and investment risk commercial and industrial customers across Asia.”

 

Guru Inder Singh, Chief Operating Officer, Amplus added, “Amplus Solar has grown rapidly since the equity investment by I Squared Capital in June 2015. The company now has nation-wide capabilities providing project delivery, operations and maintenance to our customers. We continue to develop our rooftop portfolio and evaluate acquisitions in India and Asia. Amplus prides itself on the quality of its plants and the service provided through its remote monitoring center in Gurgaon and in-house SCADA system, which maximizes uptime for distributed generation and rooftop systems in Indian operating conditions.”

 

Amplus has recently partnered with Walmart to provide solar power at 15 Best Price Modern Wholesale stores across five states. In April 2016, Amplus commissioned India’s largest single-location rooftop solar installation for captive use of 4,000 kilowatts for Yamaha Motors.

 

The rooftop segment is expected to grow rapidly from a current capacity of around 525 megawatts to the Indian government’s target of 40,000 megawatts by 2022. Distributed solar has inherent advantages including speedy implementation, no transmission losses and use of “idle spaces,” like factory sheds and building terraces, making it ideal for generating renewable energy, especially in markets like India where land is at a premium.

 

About Amplus Energy Solutions Pvt. Ltd.

 

Amplus Energy Solutions is a leader in providing distributed solar and energy solutions to industrial and commercial customers in India. Amplus owns and manages a portfolio of operational and under-construction plants totaling more than 30,000 kilowatts, serving more than 25 customers at over 200 locations under its brand Amplus Solar and M+ Solar. Amplus is a portfolio company of I Squared Capital, a global private equity fund focused on developing long-term sustainable infrastructure assets globally. Amplus employs more than 70 people with offices in five major cities across India and has one of the largest specialised team of experienced professionals for the rooftop and distributed generation segment.

 

For Further details about the Amplus Group, please contact Sanjeev Aggarwal, sanjeev.aggarwal@amplussolar.com, +91 98715 16999. For new business enquiries or for installing solar power at your location, contact go.green@amplussolar.com or 1800-3070-8080.

 

 

Holostik Showcases its Innovative Anti-counterfeiting Solutions at Drupa 2016

Business Wire India
Holostik, the largest manufacturer of Security Holograms in the world is participating at Drupa 2016 taking place in Dusseldorf, Germany to showcase its futuristic technology such as latest applications, products in the Anti-Counterfeiting space.

Drupa – world's largest trade fair for the printing and print media industry that happens once in every four years. It brings together the global suppliers of print and print media industry including international exhibitors, products and services in the areas of media pre-press, printing machines, bookbinding, paper processing and Druckaterial. Drupa gives an insight into the latest developments, trends, services and products from the different areas in the sector.

This year Holostik is presenting its wide range of product portfolio including Security Holograms, Tax Stamps, Hot Stamping Foil, Shrink Sleeve, Wads Labels, Pouches etc. All these products are a result of Holostik’s concerted efforts towards Research & Development, in respect, to create solutions that protect the brand and ensure that the right product is a part of supply chain.

Speaking on the on the participation, U.K. Gupta, CMD at Holostik India Limited, “As per a recent research report, Counterfeiting costs more than 2% of total global economic output which adds up to around $1.8 trillion per year. Hence the world requires a call to action to fight the problem of counterfeiting. At Holostik, we have created innovative applications and products in the anti-counterfeiting space so as to bring authentic products to the end consumer, thereby, making the difference on a macro level. All such products will be on display at Drupa 2016.”

Holostik is showcasing at stall number E16 in Hall No. 3 at Drupa 3016 in Dusseldorf, Germany. Drupa will take place till June 10, 2016.
 
About Holostik:

Built with the DNA of innovation and technology, Holostik® has set milestones by being the largest manufacturer of security holograms in the world to today being an integrated IT enabled authentication solutions provider selling in 75+ countries. In the last 25 years of its existence, from being the undisputed leader in India, to being the largest exporter in anti-counterfeiting solutions; Holostik has always been the perfect brand's authentication partner. Holostik is one of the trusted and leading names in the Authentication Solution Provider of Holograms and holographic products in India.

World Environment Day Celebration at JNPT

Business Wire India
The World Environment Day was celebrated at JNPT, on the occasion, the Chairman Shri Anil Diggikar addressed the gathering, where he emphasise the importance of WED and JNPT’s initiatives to make the Port as green Port and ensure sustainable development. Also seminar and interactive session was held on the environment legal aspects on port and coast. Shri Sanjay Upadhyay, Advocate, Supreme Court and environment expert explained various provisions on environmental issues.
 

The programme was attended by the Shri Naresh Kumar, Chief Manager (Admin.) & Secy. Shri A.K. Bose, Chief Manager (Traffic), Sr. officers and Terminal Operators.

Photo Caption: Shri Anil Diggikar, IAS, Chairman, JNPT, Shri Sanjay Upadhyay, Advocate Supreme Court & Environment Expert and other officials on the occasion of ‘World Environment Day’

South India’s Biggest Culinary and Mixology Competition with U.S. Premium Agricultural Products Held in Bengaluru During Food Hospitality World

Business Wire India
To showcase the most delectable variety of fruits and nuts from America, U.S. Premium Agricultural Products will have a prominent presence at the upcoming Food Hospitality World (FHW), Bengaluru show from 9th-11th June at the White Orchid Convention Center, Bengaluru.

The event will host South India’s biggest Culinary and Mixology Competition to highlight the usage and versatility of premium products like U.S. Cranberries, Washington Apples, USA Pears, California Walnuts and U.S. Pecans as the main ingredient. This will be organized as a special event in concurrence with the “South India Culinary Challenge & Baking Contest” and “Mixology Challenge” in association with the South India Culinary Association (SICA). The competition will feature star hotel chefs and mixologists showcasing their exemplary skills. The contest will be judged in collaboration with SICA, reputed industry members and USDA representatives.

Talking about the initiative, Mr. Keith Sunderlal, India representative, U.S Cranberry Marketing Committee, said: “We are thrilled to be associated with one of India’s largest professional trade shows in the food and hospitality industry. Our objective for the campaign is to expand awareness and knowledge of the availability, versatility and utilization techniques of U.S. Cranberries, Washington Apples, USA Pears, California Walnuts, and U.S. Pecans in India. Through participation in FHW, the idea is to reach out to the trade and introduce them to the freshness, versatility and taste of U.S. premium agricultural products. Looking at the show’s past success, we are confident that we will be able to strike the right chord with our target audience."
 
To indulge in the premium agricultural products from USA, get set for Food Hospitality World!

About The Cranberry Marketing Committee (CMC):

The Cranberry Marketing Committee (CMC) USA is focused on promoting the use and consumption of cranberries worldwide. The CMC was established as a Federal Marketing Order in 1962 to ensure a stable, orderly supply of good quality product. The Marketing Order has been amended several times since its inception to further the CMC's ability to expand market development projects in domestic and international markets. Currently, CMC conducts generic promotion activities in the United States, China, India, Mexico, Pan-Europe and South Korea.

About Food Hospitality World

FHW is one of India’s largest professional trade show for trade & consumers in the food & hospitality industry. FHW is organized by two of the world’s biggest trade show organizers Deutsche Messe and Fiera Milano (HMFI) along with one of India’s largest publication house The Indian Express Limited. Previous year, the show witnessed 6,000 visitors, more than 250 exhibiting brands, more than 550 B2B meetings, more than 250 special event attendees.

About The SCS Group:

The SCS Agribusiness Consultants Pvt. Limited (referred to as THE SCS GROUP) is an agribusiness-consulting firm based in India providing services in the disciplines of marketing, logistics, strategy, policy, communications and training. The firm was established in 1998 with the conviction that the highly competitive global agricultural products' trade scenario demands in-depth research, sophisticated marketing strategies and meticulous implementation.

MSCI to Announce 2016 Market Classification Review

Business Wire India

MSCI Inc. (NYSE:MSCI) will be releasing the results of its Annual Market Classification Review on June 14, 2016. The announcement will be posted shortly after 5:00 pm Eastern Daylight Time/11:00 pm Central European Summer Time (CEST) at https://www.msci.com/market-classification.

 

After posting the review announcement, MSCI will hold two press conference calls in English, hosted by Remy Briand, Global Head of Research, to answer questions from the media. Note that these press conference calls are restricted to journalists.

 

First Conference Call

Date: Tuesday, June 14, 2016
Time: 1:00am CEST/12:00am BST/7:00pm EDT/7:00am CST
 
Toll Free Numbers:    
US: 866‐803‐2143   Hong Kong: 800‐900‐592
UK: 0800‐279‐3953   Japan: 00531‐12‐1857
China A: 10800-712-1320   China B: 10800-120-1320
S. Korea: 00798‐14800‐6732   Taiwan: 00801‐137‐708
UAE: 8000-35702379   Peru: 0800-53744
 
Participant passcode: MSCI    
 

Second Conference Call

Date: Wednesday, June 15, 2016
Time: 9:00am CEST/8:00am BST/3:00am EDT/3:00pm CST
 
Toll Free Numbers:    
US: 866‐803‐2143   Hong Kong: 800‐900‐592
UK: 0800‐279‐3953   Japan: 00531‐12‐1857
China A: 10800-712-1320   China B: 10800-120-1320
S. Korea: 00798‐14800‐6732   Taiwan: 00801‐137‐708
UAE: 8000-35702379   Peru: 0800-53744
 
Participant passcode: MSCI    
 

About MSCI

 

For more than 40 years, MSCI’s research-based indexes and analytics have helped the world’s leading investors build and manage better portfolios. Clients rely on our offerings for deeper insights into the drivers of performance and risk in their portfolios, broad asset class coverage and innovative research. Our line of products and services includes indexes, analytical models, data, real estate benchmarks and ESG research.

 

MSCI serves 97 of the top 100 largest money managers, according to the most recent P&I ranking. For more information, visit us at www.msci.com.

 

This document and all of the information contained in it, including without limitation all text, data, graphs, charts (collectively, the “Information”) is the property of MSCI Inc. or its subsidiaries (collectively, “MSCI”), or MSCI’s licensors, direct or indirect suppliers or any third party involved in making or compiling any Information (collectively, with MSCI, the “Information Providers”) and is provided for informational purposes only. The Information may not be modified, reverse-engineered, reproduced or redisseminated in whole or in part without prior written permission from MSCI.

 

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The user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. NONE OF THE INFORMATION PROVIDERS MAKES ANY EXPRESS OR IMPLIED WARRANTIES OR REPRESENTATIONS WITH RESPECT TO THE INFORMATION (OR THE RESULTS TO BE OBTAINED BY THE USE THEREOF), AND TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, EACH INFORMATION PROVIDER EXPRESSLY DISCLAIMS ALL IMPLIED WARRANTIES (INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OF ORIGINALITY, ACCURACY, TIMELINESS, NON-INFRINGEMENT, COMPLETENESS, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE) WITH RESPECT TO ANY OF THE INFORMATION.

 

Without limiting any of the foregoing and to the maximum extent permitted by applicable law, in no event shall any Information Provider have any liability regarding any of the Information for any direct, indirect, special, punitive, consequential (including lost profits) or any other damages even if notified of the possibility of such damages. The foregoing shall not exclude or limit any liability that may not by applicable law be excluded or limited, including without limitation (as applicable), any liability for death or personal injury to the extent that such injury results from the negligence or willful default of itself, its servants, agents or sub-contractors.

 

Information containing any historical information, data or analysis should not be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. Past performance does not guarantee future results.

 

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53 billion illegal cigarettes consumed in the European Union last year

Business Wire India

53 billion illegal cigarettes were consumed in the European Union (EU) in 2015, which exceeds the legal market volume of Spain1, according to a new report published today by KPMG. Accounting for 1 in every 10 cigarettes consumed, this criminal activity costs EU governments up to EUR 11.3 billion in lost tax revenues.

 

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160608005602/en/

 

This annual study investigates the levels and drivers of counterfeit, contraband and Illicit Whites2 in the 28 EU countries, as well as Switzerland and Norway.

 

While the illegal cigarette market in the EU accounts for around 10% of total consumption, this volume has declined marginally compared to 2014 as a result of several factors including increased activities to fight illegal trade and improved economic conditions.

 

The industry believes their strict supply chain controls and shared intelligence, combined with authorities’ law enforcement, has resulted in a decline of around 20% in the illegal flow originating from within the EU. This means that 88% of illegal cigarettes now come from non-EU countries.

 

A key trend identified in the KPMG report is the growing proportion of counterfeit and Illicit White brand flows compared to previous years. Illicit Whites accounted for over one third of all illegal cigarettes, whilst counterfeit grew to 4.7 billion cigarettes. The largest portion of Illicit Whites – 5.3 billion cigarettes – were in packs with Belarusian labelling.

 

The industry believes the changing mix of source countries and the increasing number of Illicit White brands demonstrates the adaptability of criminals who profit from the illegal tobacco market.

 

Key insights of the report:
 

  • Total illegal cigarette volumes accounted for 9.8% of all cigarettes consumed in the EU in 2015, representing 53 billion cigarettes;
  • Poland and France recorded the highest volumes of illegal cigarettes;
  • 88% of illegal cigarettes were coming from non-EU contraband and counterfeit;
  • Illicit Whites represent over one third of the illegal cigarettes consumed in the EU, 28% of which were cigarettes in packs with Belarusian labelling;
  • 1.3 billion Illicit White cigarettes are thought to originate from the Jebel Ali Free Trade Zone in the United Arab Emirates;
  • Belarus is the largest source country for Illicit Whites;
  • Counterfeit increased by 28% to 4.7 billion cigarettes;
  • Seizures of illegal cigarettes with the support of the EU Anti-Fraud Office (OLAF) doubled in 2015. In excess of 0.6 billion cigarettes were seized, compared with 0.3 billion in 2014;
  • If the illegal volume in the EU had been consumed legally, an additional tax revenue of EUR 11.3 billion would have been raised.

Charlie Simpson, lead partner of the study at KPMG, commented: “Overall, levels of illicit cigarette consumption in the EU declined slightly during 2015. Despite this, illicit tobacco continues to represent a sizeable proportion of overall cigarette consumption. It’s clear that the ever-evolving illegal tobacco market continues to affect countries throughout the EU. This year our research found that counterfeit and Illicit White brand flows made up a larger proportion of illicit consumption compared to previous years, which seems to demonstrate the flexibility of illicit cigarette flows.”

 

The industry believes the 2015 report results indicate that the increased joint efforts of governments, law enforcement agencies, manufacturers, and retailers contribute to efficiently addressing the illegal cigarette flows in EU. As criminals increasingly concentrate on illegal products such as Illicit Whites and shift to new source countries outside the EU, it is clear that efforts to fight illegal trade must be maintained in order to disrupt criminal networks.

 

British American Tobacco (BAT), Imperial Tobacco (Imperial), Japan Tobacco International (JTI) and Philip Morris International (PMI) remain committed to working together with authorities across the world and continue to invest in combating this problem.

 

The 2015 KPMG study on the illicit cigarette market in the EU, Switzerland and Norway is available on KPMG’s website: www.kpmg.com/uk/projectsun

 

NOTES TO EDITORS

 

KPMG Study on the illicit cigarette consumption in the EU:

 

KPMG has conducted this study every year since 2006. Since 2013, the study has been commissioned by all four major tobacco manufacturers –BAT, Imperial, JTI and PMI.

 

The study is the only comprehensive annual measurement of the black market for cigarettes in the EU. Access to a wider set of data sources, as well as methodology improvements in line with feedback received from external stakeholders, have allowed KPMG to further refine the completeness of the analysis over the years. The study’s methodology is presented in detail in the report.

 

The OECD considers the methodology of KPMG LLP the “most authoritative assessment of the level of counterfeit and contraband cigarettes” in the EU. KPMG LLP recognises the wider public policy context within which governments decide regulatory and fiscal changes for the tobacco industry, and that the analysis in this report only considers one aspect. KPMG LLP expresses herein no view, nor makes any recommendation, in relation to future policy for the industry in this regard.

 

About British American Tobacco plc:

 

British American Tobacco is a global tobacco Group with brands sold in more than 200 markets.

 

It employs more than 57,000 people worldwide and has over 200 brands in its portfolio, with its cigarettes chosen by one in eight of the world’s one billion smokers. Alongside offering tobacco products, British American Tobacco is committed to offering safer nicotine alternatives to adult smokers. As such, it was the first tobacco company to launch an e-cigarette in the UK. www.bat.com

 

About Imperial Tobacco:

 

Imperial Tobacco is part of Imperial Brands PLC, the UK FTSE100 parent company of a dynamic international business with around 34,000 employees. Brands sold in markets worldwide by Imperial Tobacco include Davidoff, Gauloises Blondes, West, JPS and Rizla. For more information see www.imperialbrandsplc.com

 

About JTI:

 

JTI, a member of the Japan Tobacco Group of Companies, is a leading international tobacco manufacturer. It markets global brands such as Winston, Camel, Mevius and LD. JTI is a global player in the e-cigarette market with E-Lites and Logic, and has been present in the heated tobacco sector with Ploom since 2011. Headquartered in Geneva, Switzerland, and with operations in more than 120 countries, JTI employs around 26,000 employees worldwide. Its core revenue in the fiscal year ended December 31, 2015, was USD 10.3 billion. For more information, visit www.jti.com.

 

About Philip Morris International Inc. (“PMI”):

 

PMI is the world’s leading international tobacco company, with six of the world's top 15 international brands and products sold in more than 180 markets. In addition to the manufacture and sale of cigarettes, including Marlboro, the number one global cigarette brand, and other tobacco products, PMI is engaged in the development and commercialization of Reduced-Risk Products (“RRPs”). RRPs is the term PMI uses to refer to products with the potential to reduce individual risk and population harm in comparison to smoking cigarettes. Through multidisciplinary capabilities in product development, state-of-the-art facilities, and industry-leading scientific substantiation, PMI aims to provide an RRP portfolio that meets a broad spectrum of adult smoker preferences and rigorous regulatory requirements. For more information, see www.pmi.com and www.pmiscience.com.

 

1 Legal domestic sales volume in Spain is 47 billion cigarettes according to the Tobacco Commissioner.

 

2 ‘Illicit Whites’ – Cigarettes that are usually manufactured legally in one country/market but which the evidence suggests have been smuggled across borders during their transit to the destination market under review where they have limited or no legal distribution and are sold without payment of tax.

 

 

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