In a fast changing technology world, Logix Microsystems has been selected for the prestigious Deloitte Technology Fast 500 Asia Pacific company award for the second consecutive year. The award ranks the top 500 technology companies in the Asia Pacific according to their revenue performance over the last three years. Deloitte is of the largest consulting firms in the world. We are proud to receive this status which, recognises our growth as a world leader in this space, says Sanjay Soni, MD, Logix Microsystems Ltd. It was in 1996 that he along with his brother established Logix Microsystems. Prior to starting Logix, he was running a firm selling UNIX hardware and software solutions to companies. The company was set up to provide SAP. consulting and implementation services to customers across the world. It was a very challenging phase for the company as they were building a world-class implementation practice from scratch. Logix started with implementing small projects for large software companies such as Hewlett Packard, Cap Gemini and Origin. As the Company gained experience and confidence it started pitching for implementation contracts directly in the Middle East. The business grew steadily and also added CRM to the list of competencies in the year 2000. The company went public in October 1999. The company went through a very tough phase during 2000-01 as the entire industry went through a downturn and many companies closed down. Soni realised that unless Logix re-invented and built up domain expertise it would be extinct very soon and that s how he decided to get into software products. 3i Infotech seeks to connect rural India 3i Infotech, global information technology company, has announced the launch of I-Serv, a brand for its retail services through which a comprehensive range of services like banking, insurance, mobile will be provided to consumers in remote areas and empowering them in their daily activities. While announcing the first of its kind service, catering to the rural pockets, Anirudh Prabhakaran, executive director and president, South Asia of 3i Infotech Limited, said that it (I-Serv) will bring the benefits of technology to the doorsteps of the common man. Prabhakaran, a product of BITS Pilani, has a long experience of working with the IT sector and has worked with Wipro (WIPRO.NS : 232.45 -10.5
) Infotech for over 14 years before joining 3i Infotech in June 2006. The newly launched I-Serv will cater to rural customers through 12,500 stores across nine states including Haryana, Uttar Pradesh, Madhya Pradesh, Tamil Nadu and Delhi. To ensure maximum utility to rural customers, I-Serv stores will be managed by trained operators and equipped with the latest IT infrastructure including PCs, scanners, telephones and round-the-clock connectivity. Laying stress on the techniques to leverage technology for the benefit of the masses, Prabhakaran says, The real benefit of technology is when the common man in rural areas starts benefiting from the IT-enabled rural retail services. Our idea of technology is to use it as a medium of service and not the end in itself. Talking about the viability of the I-Serve in rural areas, Prabhakaran highlights that rural India houses more than 70% of India s population and represents a unique opportunity to employ technological capabilities for bridging the existing urban-rural divide. We are proud to be one of the pioneers to roll out a service, he says. Plethico Pharma acquires Tricon Holdings At a time when companies are cautious about outbound mergers and acquisitions, Plethico Pharmaceuticals Limited recently acquired a subsidiary of Tricon Holdings Limited in Hong Kong, which is a leading pharma retail company with sourcing base in the UAE. Under the agreement, 20% of outstanding shares will be acquired in the subsidiary for a cash purchase of $20 million. The company had few months back acquired Natrol, a leading manufacturer and marketer of branded nutritional products in the US, and expanded its global footprint to the regulated markets of the US and Europe. Says Chirag Patel, CEO and director of Plethico, The acquisition will help Plethico to consolidate its position in the Commonwealth of Independent States market. Plethico Pharmaceuticals Limited is a leading pharmaceutical company with a strong emphasis on the herbal and neutraceutical segments. The company, which was established in 1991 and focused on manufacturing and marketing a range of branded generic pharmaceutical formulations, has rapidly evolved and now engages in manufacturing, marketing and distribution of pharmaceutical and allied healthcare products in the neutraceutical and herbal segments in India and internationally. Domestically, Plethico operates in the segments of sports nutrition, confectionary and OTC. In addition to the OTC segment, Plethico is also a leading player in the CIS, Africa, South East Asia, and Latin America. Contributed by Ashok Kumar
) Infotech for over 14 years before joining 3i Infotech in June 2006. The newly launched I-Serv will cater to rural customers through 12,500 stores across nine states including Haryana, Uttar Pradesh, Madhya Pradesh, Tamil Nadu and Delhi. To ensure maximum utility to rural customers, I-Serv stores will be managed by trained operators and equipped with the latest IT infrastructure including PCs, scanners, telephones and round-the-clock connectivity. Laying stress on the techniques to leverage technology for the benefit of the masses, Prabhakaran says, The real benefit of technology is when the common man in rural areas starts benefiting from the IT-enabled rural retail services. Our idea of technology is to use it as a medium of service and not the end in itself. Talking about the viability of the I-Serve in rural areas, Prabhakaran highlights that rural India houses more than 70% of India s population and represents a unique opportunity to employ technological capabilities for bridging the existing urban-rural divide. We are proud to be one of the pioneers to roll out a service, he says. Plethico Pharma acquires Tricon Holdings At a time when companies are cautious about outbound mergers and acquisitions, Plethico Pharmaceuticals Limited recently acquired a subsidiary of Tricon Holdings Limited in Hong Kong, which is a leading pharma retail company with sourcing base in the UAE. Under the agreement, 20% of outstanding shares will be acquired in the subsidiary for a cash purchase of $20 million. The company had few months back acquired Natrol, a leading manufacturer and marketer of branded nutritional products in the US, and expanded its global footprint to the regulated markets of the US and Europe. Says Chirag Patel, CEO and director of Plethico, The acquisition will help Plethico to consolidate its position in the Commonwealth of Independent States market. Plethico Pharmaceuticals Limited is a leading pharmaceutical company with a strong emphasis on the herbal and neutraceutical segments. The company, which was established in 1991 and focused on manufacturing and marketing a range of branded generic pharmaceutical formulations, has rapidly evolved and now engages in manufacturing, marketing and distribution of pharmaceutical and allied healthcare products in the neutraceutical and herbal segments in India and internationally. Domestically, Plethico operates in the segments of sports nutrition, confectionary and OTC. In addition to the OTC segment, Plethico is also a leading player in the CIS, Africa, South East Asia, and Latin America. Contributed by Ashok Kumar
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