Triple Point Technology®, the leading provider of multi-market commodity and enterprise risk management software solutions, announced today that Su-Raj Diamonds has selected Commodity XL for Precious Metals(tm) to manage its new bullion import and trading business.

Su-Raj Diamonds is an international gems dealer and manufacturer of high-end jewelry. The company is one of ten non-banks recently awarded licenses to import gold by the Reserve Bank of India (RBI).

As commodity sourcing becomes a more volatile part of the supply chain cost structure, a new set of industries, including food and beverage, agricultural, transportation, and manufacturing, are choosing Triple Point to drive cost from the supply chain and protect margins. Su-Raj Diamonds joins other forward-thinking clients across these industries including Unilever, North China Shipping, ST Shipping (Glencore Tank), Nidera, General Mills, IFFCO, Campbell Soup Company, and Incitec Pivot.

“Triple Point is committed to providing companies exposed to commodity price volatility in agricultural feed stocks, fuels, chemicals, and metals with the most advanced, real-time platform to profitably buy, sell, and move commodities,” said Simon Woods, chief customer officer and managing director, Asia Pacific, Triple Point. “We are excited about the opportunity to help Su-Raj manage its new import and trading business and manage future growth.”

Su-Raj Diamonds will use Commodity XL(tm) to mitigate exposure to commodity price volatility; manage gold imports on a consignment, forward, and loan basis; facilitate local marketing; streamline business processes across distribution centers; and track bullion shipments and related customs/import documentation. Commodity XL also provides Su-Raj Diamonds with precise inventory management and reconciliation, while ensuring strict adherence to regulatory and auditing standards.

“Implementation of Commodity XL extends our visibility into the supply chain and enables us to make smart sourcing decisions,” said Jatin Mehta, chief managing director, Su-Raj. “Commodity XL enables Su-Raj to confidently manage precious metals price volatility, streamline complex inventory processes, and provide controls to meet our organization’s security and compliance needs.”

About Triple Point Technology
Triple Point Technology® is the leading global provider of multi-market commodity and enterprise risk management software solutions. Triple Point’s Commodity XL profitably integrates physical and financial markets on a real-time, service-oriented architecture (SOA) platform for commodities including power, oil, gas, coal, emissions, base and precious metals, agricultural products, biofuels and freight. In addition to Triple Point’s award-winning commodity and energy trading software being used by more than 25 percent of both Global 500 commodity trading and Global 500 energy companies, other organizations with large raw material and energy exposure, including consumer products (CP), discrete manufacturers and big box retailers, are quickly adopting the Triple Point solution. Triple Point, headquartered in Westport, Connecticut, USA, was founded in 1993 and serves clients from eleven development and support centers located around the globe. www.tpt.com.

Contact:
Jennifer Jones
Tel: +1.203.291.7979
Email: jenniferj@tpt.com

RNCOS, a leading market research firm, has released a new research report “US Steel Industry Outlook” that extensively analyzed the steel industry potential and growth prospects in the US. The report has discussed post recessionary growth trend in various segments and associated industries (like automobile and construction). The research has been done with main focus on prevailing trends shaping current outlook of the industry and lead it towards strong future prospects.

According to the findings of the report, the US retained its fourth position in terms of global crude steel production despite a severe 36.5% production drop in 2009. Our analysis has identified the factors that helped the industry to maintain its position. Besides, the report states that the steel industry will start experiencing positive growth momentum from 2010 onwards on the back of various concrete market fundamentals.

The report has further revealed that the automobile and construction industries will act as growth boosters for the steel industry in coming years. The US housing starts will reach close to 1.7 Million units by 2012 from the level of 0.59 Million units in 2009. Similarly, the automobile production and exports are projected to show inevitable recovery from 2010 onwards, triggering steel industry development in the US.

Moreover, the US government has taken some corrective measure to revive growth in the steel industry. It has been identified that out of US$ 787 Billion stimulus package, close to US$ 115 Billion will be spent on various steel intensive infrastructure projects. Along with the government support, the recovering industrial sector is expected to further increase steel demand in the US.

“US Steel Industry Outlook” is an outcome of extensive research and thorough analysis of steel industry in the US. The report provides quantitative as well as qualitative information and evaluation of steel industry historical, ongoing and future projected trends. In addition, the report has made projection for steel demand in different vertical industries to give a rough idea about the direction in which the steel industry is likely to move in coming years. The competitive landscape segment is mainly focused on key industry players and provides valuable information about their business description, strategies together with SWOT analysis.

OceanFreight Inc. may appeal to investors after being discounted during their ‘offering’ activities. The Company will now have the opportunity to employ $99.7M towards settlement of debt, financing of operating activities, and ultimately the enhancement of shareholder value.

Shares of OceanFreight Inc. rebounded off a 52-week low ($0.70) in early February. Since that period, the price has thrice tested support suggesting a bullish triple-bottom chart pattern.  Below, TimelessWealth.net Staff have identified an ‘entry’ strategy.

 In early March the Company announced it would take action to regain NASDAQ listing compliance by suggested a reverse stock split. The Company’s primary goal appears to be reinstating shareholder value to levels prior to their stock offering. OceanFreight’s 52-week high in May of 2009 was $2.10/share.

Asif invited models Pooja Chopra, Ishita Sarkar, Natassha Suri, Hanif Hilal and Sunny Kamble to showcase the SS10 collection. The men loved the denims; while the women were squealing over the bags.

Pooja Chopra took her time poring over the printed dresses; even as Natassha Suri epitomised summer style in classic yellow shorts. Ishita was happy with her summer pink bag and she spoke of it as the ultimate women’s day gift. We surely hope someone listened to that. Hanif Hilal seemed visibly tired with continuous traveling on account of shows but made it for good friend Asif. Sunny kept everyone in good cheer through the evening.

Says Ekta Saran, brand manager Sisley and gracious hostess for the event,”Sisley designers are attentive to what is fashionable or will be fashionable tomorrow. They are receptive to the stimuli communicated by top world fashion designers and are sensitive to the phenomena that attract the younger generations. A very aspirational understated women’s wear collection showcases a range inspired from London, Copenhagen and Soho NY. For men, it’s the eclecticism of Detroit Rock City and the easy charm of South America in La Habana Panama. On the accessories; its eco-leather that makes a strong statement.”

“We are happy to have Venu join the Veeda family and we are sure that with his experience and knowledge he will help to continue Veeda grow in early clinical development and augment our position in the market as leaders in this field”, said Binoy Gardi, Group Managing Director, Veeda.

Mr. Venu Madhav is post graduate in pharmacy and having 19 years of experience in diverse areas of clinical research. He has been associated with reputed companies likes Ranbaxy and Sun Pharma especially in the growth period of these organizations. His contribution for the growth of these organizations is noticeable.

Mr. Venu carries rich experience in planning bioequivalence studies from pilot to pivotal stage for generic formulations. He has designed clinical, bioanalytical, pharmacokinetic and statistical aspects of bioavailability and bioequivalence studies. He is credited to have coordinated for more than 450 pilot and pivotal biostudies for conventional formulations and extended release formulations.

He has held the responsibility for developing complex bioanalytical methods for hormonal and peptide products apart for the effective utilization of 250 methods. He has also handled more than 150 pilot and 300 pivotal bioanalytical projects with GLP compliance. Pivotal biostudies were audited by most of the regulatory inspections and subsequent approval.

During his tenure Mr. Venu has also handled pharmacokinetic and statistical evaluation of data for ANDA/ NDA submissions. He has conducted a workshop as well on ‘Bioequivalence Studies’ for Bahrain and Oman regulatory officials.

His last stint has been with Sun Pharma Advanced Research Center (SPARC) Baroda as Sr. General Manager – Pharmacokinetic Department.

The opening of the exhibition would be accompanied with the launch of Bhavna Kakar’s new art magazine TAKE on art, a quarterly magazine focusing on art and cultural events from India and abroad. Guest edited by Shaheen Merali, the theme of the first issue is dedicated to the colour ‘Black’. What’s more, fifty limited edition small size framed artworks by Chittrovanu Mazumdar, concurrent with the theme of black, have been created by the artist especially for the launch of the magazine.

Says Bhavna Kakar, Director, Latitude 28: “The motive of the show is not to establish the commercial aspect of art in terms of the size of a work but to look at a gamut of contemporary artists whose works are fresh in approach and concept proving their proficiency at handling both BIG or SMALL format works. Since no specific size was allocated to the artists, their works are their own personal interpretations of the title Size Matters or Does It?”

Size Matters or Does it? consists of two parts. The first includes artists Arunkumar H.G., Baiju Parthan, Chittrovanu Mazumdar, Dilip Chobisa, G R Iranna, Mithu Sen, Manjunath Kamath, Pooja Iranna, Pushpamala N, Sarnath Banerjee, Prajakta Palav and Siddhartha Kararwal.

The second part will exhibit Babu Eshwar Prasad, Niyeti Chadha, Manisha Parekh, Minal Damani, Dhruvi Acharya, Chila Kumari Burman, Jayshree Chakravarty, TV Santhosh and Simrin Mehra Agarwal.

While, Baroda-based Siddhartha Kararwal’s mixed media work uses everyday objects and infuses them with multiple levels of meaning. Pooja Iranna’s sculptures and drawings are quiet and eloquent statements about the role size plays in a viewer’s reading of an artwork. On the other hand,GR Iranna’s large scale work Kawwali establishes a disconnect between the tradition of looking at art and the way art is experienced by the contemporary eye.

Arunkumar HG’s works uses humor as a method of uncovering the absurdity of size. He uses small figurines in the image of public figures to demonstrate the complexities of memorialization merged with cultural cravings for kitsch.

Pushpamala N considers constructions of history in her photographs, particularly the stories and voices of women. Her large and small images engage with histories that are generally unknown. With Lady on Bicycle, the artist explains that “Women learning to ride the bicycle was part of the social reform movement in India, along with women’s education and widow remarriage. It signaled a new freedom and mobility. In the early part of the 20th century, women would pose for studio photographs against painted backdrops with a book in their hand. Spectacles, lady’s purse, book, and umbrella were markers of modernity.”

Baiju Parthan subverts the idea of fixed measurements through exploding the microscopic details of a fly in his image Ointment. Capturing its relativity to vision and perception, Parthan proposes a conception of size that is unstable and constantly shifting. Parthan explains that, “these two works are about our ideas about the world and to the lengths we go to protect, defend, and propagate them. The very fact that there are many such comprehensive views ( most of them religious in character) explaining the universe differently, suggest that these are all products of engagement between the human self awareness and specific geographical environments. One could consider these world views as artifacts of the human mind, similar to a balm or ointment that soothes the sting of our existential predicament – of not knowing why we are here in this world.” Like Parthan, Dilip Chiobsa also plays with altering perceptions of space and time in his painting in his image which manipulates traditions of painterly perspective.

Manjunath Kamath locates size in the practices of daily life. Weighing in on his paintings, Kamath says, “I have made twelve small works in 5 inch by 4 inch which can be symbolically called a series of twelve small lies. Lie is one of the strongest palliatives that the humans have adopted to make the life easier. The size may vary…big lies, small lies but they are omnipresent. Through my works, I probe the origin, growth and nature of lies in our society.”

Artist Jayshree Chakravarty uses large and small format works to probe the topography of surface. Her interest in minute details and textures creates varying visual experiences.

Simrin Mehra Agarwal large scale metal sculpture is awe-inspiring, suggesting the spectacle of size.

Minal Damani’s works move between flat and multi-dimension readings, disrupting any division between form and ground, and exposing the slippery relationship between binary oppositions.

“CAMWorks is seamlessly integrated within the SolidWorks® platform, and enables intelligence and automation in design as well as manufacturing processes. Whereas, DFMPro facilitates upstream manufacturability validation and identification of areas in design that are difficult, expensive or impossible to manufacture. CAMWorks and DFMPro together provide an integrated solution for manufacturing companies looking for ways to reduce cost and time to market, while also improving the quality of manufactured parts”, said Robert Hutter, Director, Product Sales – Europe.

CAMWorks 2010 has over 50 new features and advancements for machining faster and more accurately. This release also has significant advances in 3 axis functionality, as well as new features and cutting strategies for 2 to 5 axis milling, turning, and wire EDM. CAMWorks, the first CAM solution to offer knowledge?based feature recognition and associative machining capabilities, continuously enhances its features in line with customer feedback and requirements, and to better integrate with the SolidWorks platform. For more information on CAMWorks, please visit www.camworks.com.

DFMPro version 2.1 adds an injection molding module packed with some of the most important best industry-wide practices for manufacturability of injection molded components related to wall thickness, draft analysis, undercuts, mold wall thickness, ribs, bosses, etc. SolidWorks users will be able to quickly verify their designs within SolidWorks, thus reducing cost and time-to-market, while also improving the quality of manufactured parts. DFMPro also facilitates collaborative design review process by generating comprehensive 3D reports in eDrawings format. This capability is very useful for suppliers to quickly generate eDrawings reports and share it with the OEM for their review, comments and acceptance. For more information on DFMPro, and how it helps in create designs right the first time, visit www.dfmpro.com

Its wide network of packers and movers is spread across the country that plainly means that your goods are in hands of experts which can deliver them at any Indian destination cautiously, safely and reliably. We just not lead in terms of services but also for our prices attracting a number of local and national clients.

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“We’re honoured to be a part of this partnership with Alps Industries,” said Mr Paul Hulme, President of Huntsman Textile Effects. “India is an important market for us as we continue to expand in Asia Pacific, and we recognise the importance of our key partners in India, who also have a great presence globally.”

Mr Sandeep Agarwal, Managing Director of Alps Industries, commented, “The tie-up with Huntsman will help give us competitive edge in the market and will help us differentiate ourselves in the market. In today’s dynamic business environment, sustainability is an important aspect and this cooperation will make Alps Industries remove any volatility in the value chain.”

Mr Ajay Kanwar, Sales Director of Huntsman International India Pvt. Ltd, added, “We are excited to partner with Alps Industries and look forward to helping to provide a bright and sustainable future for Alps.”

The shops are already seeing a lot of footfall and strong interest amongst the visitors and are increasing awareness of Japanese products and services in the city.

The first Everything Japan shop had opened at the Plaza of Hotel Grand Hyatt Mumbai on 1 December 2009 and started generating a lot of interest amongst the visitors as well as the media. The products on sale ranges right from typical wooden Japanese dolls to beautifully hand-crafted traditional laquer-painted Titanium cups.

“There are 4.69 million Small and Medium Enterprises (SMEs), constituting 99.7% of all enterprises in Japan, accounting for 70% of all employment. As such, the SMEs are able through this project, to appeal their products directly to the Indian consumer.” said Mr. Harry Cheng, Director, Maidoindia which is into the business of brining Japan closer.

These products were selected by a Committee led by Ms Reshma Jain, Managing Editor of the Indian Luxury Magazine, Marwar in a selection process arranged extensively in Japan in late October 2009.

The shops are on a test-market basis and will be operational till end of February 2010 at both the locations.