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iSOFT wins US$ 1.0 million deal for a hospital information system in Libya‏

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iSOFT, an IBA Health Group Company, today announced that its Middle East and Africa division won a two-year deal to implement its hospital information system and a LabCentre solution at Al Khadra Hospital in Tripoli, Libya. The agreement is worth A$ 1.4 million (US$ 1.0 million).

iSOFT’s Executive Chairman & CEO, Gary Cohen, said: “This deal opens a new market for us in Northern Africa and expands our global footprint to 37 countries. Together with our recent agreements in Honduras and Mexico, this deal demonstrates our growing international influence of iSOFT as one of the world’s biggest health IT companies. It also proves that there is an untapped stream of potential growth opportunities for businesses with a global outlook.”

iSOFT’s eHIS solution will be implemented at Al Khadra private hospital in two phases in partnership with Alshada Pharmaceutical & Medical Equipment in Tripoli. Al Khadra, with more than 580 beds and 700 staff, has been a pioneer in many surgical procedures in Libya, such as urology, endoscopic and laparoscopic surgery. eHIS will provide point-of-care access to patient medical records to inform clinical decisions and so speed diagnoses and improve the quality of care. Integrated with the iSOFT LabCentre laboratory information system, clinical staff can request pathology tests and review and analyse results online. Faster turnaround of pathology tests again helps doctors make timely clinical decisions and improve treatment.

Tobacco addiction is a major cause of Tuberculosis!

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Half of all male deaths by tuberculosis in India a result of smoking

“I Am Stopping TB”this is the slogan that has been adopted worldwide for the World TB Day, 2009. “I Am Stopping TB” is the start of a two-year campaign internationally in support for control of TB. In keeping with the theme, a significant effort should be made to highlight the fact that a significant amount of TB deaths in India are caused by smoking – most starkly, including half the amount of males who succumb to TB in the country. Almost 200,000 people a year in India die from tuberculosis because they smoked, and half the smokers killed by TB are still only in their thirties, forties or early fifties when they die. 

On the occasion of World TB Day (24th March 2009), Dr.P.C.Gupta, Director, Healis Sekhsaria Institute for Public Health, said “Smokers expose themselves to a plethora of diseases and illnesses, and as research and studies show, Tuberculosis is one of the most life threatening diseases caused by tobacco.
We therefore urgently need to take extensive measures to increase social awareness about tobacco as a cardinal cause of tuberculosis and make an effort to educate society about the dangers of the disease.”

Studies have shown that half the male tuberculosis deaths in India are caused by smoking, and three quarters of the smokers become ill with tuberculosis (TB) through smoking. A major study led by the Epidemiological Research Center in Chennai, India and funded by the UK Medical Research Council and Cancer Research UK have come up with detailed results on tobacco being a major cause of tuberculosis. The study found that in India male smokers are about four times as likely to become ill with TB as non-smokers, and consequently four times as likely to die from the disease. The study also showed the smokers had higher death rates from heart disease and from various types of cancer. In total, about a quarter of the smokers studied were killed at ages 25-69 by their habit, those killed at these ages losing, on average, 20 years of life.

Tuberculosis still causes about 1.6 million deaths a year worldwide, including more than a million in Asia, 400,000 in Africa and 100,000 in the Americas and Europe, and in some countries it is now becoming more common.

 

Air India Express Enlists CyberSource Online Fraud Solution

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CyberSource Ltd., the UK-based subsidiary of CyberSource Corporation, today announced that its Decision Manager anti-fraud solution has been selected by Air India Express. Decision Manager, designed to help companies like Air India Express automate and safeguard its online ticketing, provides access to over 150 global validation tests to screen for fraud and determine in real time whether online transactions should be accepted, rejected, or marked for further review.

Dr. Akif Khan,
head of client and technical services at CyberSource Ltd., said, “Air India Express is carving out new market opportunities in the Asian airline business, and we are pleased to assist them in risk management. The work we are doing with Air India Express furthers our experience in the Indian marketplace and in the global travel sector, both of which have been focus areas for CyberSource.”

Air India Express is India’s first international airline to offer budget travel. The carrier flies to 14 key international destinations including Dubai, Abu Dhabi, Singapore and Bahrain, and also operates a domestic service between major Indian cities.

“Our rapid growth dictates a robust solution that can not only identify potentially fraudulent activity but also minimises the burden on manual review staff,” said Harish Pai,
finance head, Air India Express. “CyberSource’s considerable experience in the Indian online environment and in the travel sector was also a factor in our selection process.”

How Decision Manager works

Decision Manager features an easy-to-use interface which allows fraud management staff to create rules and manage acceptance criteria for online orders.  Based on rules Air India Express defines, Decision Manager automatically determines the appropriate disposition of incoming orders—accept, reject, or review. Orders suspended for review are held in a case management queue for fast examination and disposition using Decision Manager’s sophisticated case management system. Rules can be tested without risk to determine their effectiveness and quickly modified to adapt to changing order patterns. A complete array of process analytics further helps address the accuracy and efficiency of the fraud management process.

For more information on CyberSource’s Decision Manager, see: http://cybersource.co.uk/products_services/risk_management/.

Mr. Bhavdeep Singh is Fortis Healthcare’s CEO

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Fortis Healthcare Limited, one of India’s leading private chains of hospitals, announced the appointment of Mr. Bhavdeep Singh as the company’s Chief Executive Officer. Bhavdeep Singh brings with him a vast and rich background covering three decades of professional experience. While for the major part of his career he was in the United States, Bhavdeep has now been in India for three years and most recently serving as Chief Executive of Reliance Fresh.

Bhavdeep Singh, a US citizen, returned to India after spending 30 plus years in US. In the US, for more than 28 years, Bhavdeep was associated with A&P, a leading supermarket chain in the United States. His key areas of responsibility included Operations, Merchandising, Marketing, Finance, Supply Chain/Logistics, HR, Labor Relations, Asset Protection, Productivity and other support functions. In his last role, he was responsible for a $3.5 billion business with almost 20 thousand employees.

On his return to India in 2006, Bhavdeep Singh joined Spencer’s Retail as the Chief Executive –Operations and Food Merchandising before moving to Reliance Fresh as Chief Executive. During the last two plus years at Reliance, Bhavdeep spearheaded the aggressive launch and expansion drive of Reliance Fresh and introduced almost 600 new stores in 18 months, to turn it into the fastest growing retail chain in India.

Announcing the new development in the management team, Shivinder Mohan Singh, Managing Director, Fortis Healthcare said, “Fortis is in a phase of stupendous growth. When organizations grow at this pace, it becomes important to signify and solidify its leadership, align systems and processes with a renewed focus on outcomes. Bhavdeep’s extensive experience in the retail sector with focus on efficient processes, ability to manage and contain cost of operations, exceptional people management experience coupled with his strong operations & business acumen will bring tremendous value to Fortis and help further enhance its leadership stature in the industry.”

Commenting on his appointment as Chief Executive Officer of Fortis Healthcare, Bhavdeep Singh said, “I am very excited to be a part of Fortis at such a crucial and significant time in its growth and see great potential of leveraging my experience both in USA and in India. I look forward to lead the organization which is leading the Indian Healthcare Sector to its next stage of development.”

For further details visit http://www.fortishealthcare.com

Deloitte awards Consim the Fastest Growing Technology Company

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Consim Info Pvt Ltd, formerly known as BharatMatrimony Group, India’s leading internet company has been awarded the “Fastest growing 50 technology companies in India” by influential US based audit firm Deloitte. Consim Info Pvt Ltd is the only consumer Internet Company to be awarded in India.

Deloitte is among the top four general management consulting and services firm in the world. The company is recognized globally for their ethical practices and standards wherein they have more than 100 companies in the Fortune 500 list as their clients.

 Consim has been recognized for this prestigious award among all leading technology companies in India to participate in this survey.

  • Ranked as “Fastest growing 50 technology companies in India”
  • Selected for the “Fastest growing 500 technology companies in Asia”
  • Consim’s revenue growth is over 300 percent in three years.

Murugavel Janakiraman, Founder & CEO Consim Info Pvt Ltd said, “We are extremely delighted to have bagged this award in the very first year of our participation. The Innovation, technology and user friendly features of our portals have helped millions of consumers across the globe in making life’s critical decisions.”

For more details about Consim Info Pvt. Ltd. visit http://consim.com/

The Muthoot Group opens its 1000th branch at Vazhakkala

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The Muthoot Group, A Muthoot M George Enterprise, today announced the opening of their 1000th branch at Vazhakkala, Kochi, Kerala. The 122 year old Rs. 20,000 crores business conglomerate today has diverse interests in 16 business verticals ranging from Financial Services, Infrastructure & Housing, Information Technology, Power Generation, Hospitality to Healthcare & Education. The group has a presence in 20 states across the country and international presence in the UK and UAE.

Speaking on the occasion Mr. M. G. George Muthoot, Chairman, The Muthoot Group, A Muthoot M George Enterprise, said “It is a matter of extreme pride for us to have grown from 450 to 1000 branches in a span of less than three years. With every new branch, and with the addition of every new Muthoot customer, we re-iterate our commitment to ensuring trustworthy flawless services coupled with our unblemished track record of 122 years. We aim to operationalize 1500 branches by the end of FY 2010.” “Our steadfast resilience and complete dedication towards our customers spread across India and even overseas has provided us the zeal to innovate constantly and to offer customer-centric products & services,” he added.


Mr. M. G. George Muthoot, Chairman, The Muthoot Group, A Muthoot M George Enterprise addressing the media at the opening of the group’s 1000th Branch

The group established in the year 1887 by Mr. Ninan Mathai Muthoot, whose ‘2 elephants in unison’ logo denotes strength & stability, The Muthoot Group, A Muthoot M George Enterprise firmly believes in its values of honesty, integrity and determination.

The financial services division of the Group, Muthoot Finance was established in 1939 under the leadership of Mr. M. George Muthoot. It offers multiple services including retail gold finance, deposits, money transfer, insurance, precious metals and foreign exchange to name a few. Muthoot Finance has served over 250 million customers and has a customer footfall of around 30,000 every day seeking retail gold finance. The vast branch network of Muthoot Finance enables the Group to cross and up-sell various products and services of the other verticals of the Group.

Muthoot Finance is the pioneer in ‘Retail Gold Finance’ and is the largest player in this segment worldwide. In continuation of its tradition in revolutionizing the retail gold finance, it has conceptualized ‘5-Minute Gold Power Loans’. This is the fastest and the most hassle-free way to avail loans at the most attractive rates against Gold.

The Muthoot Group, A Muthoot M George Enterprise is actively looking at opportunities for inorganic growth in healthcare, travel related services and entertainment. The Hospitality division of the group has plans of launching a 7-Star Deluxe Hotel in Kochi amongst its other plans for the current fiscal. The Group has also launched its global arm “Muthoot Global“, which mainly deals in Wealth Management, Cash Transfer & Gifting and has a presence in the UK and UAE and plans to expand the network and diversify its foreign operations in the immediate future to more shores outside the country.

For more information, please visit www.muthootgroup.com

Creator of “mini liver” & Cryo-Save Scientific director Prof. McGuckin to visit India

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020209-1537-profcolinmc1.jpgCryo-Save India today announced that their new Scientific Director Professor Colin McGuckin, will be visiting India between February 27 and March 3, 2009. Prof. McGuckin, who made a medical breakthrough in 2005 with the creation of the world’s first “mini liver” from umbilical cord blood, will share his plans on integrating new scientific technologies which may substantially speed up treatments for life-threatening illnesses, injuries and disabilities. Cryo-Save India, who has taken the initiative to organize the Professor’s visit, believes that this will act as an impetus for people in India to accept stem cell banking as a new form of health protection for the future.

During his visit, Prof. McGuckin will engage with regulatory authorities to share information that will shape future direction and progress in cord blood banking and advances in patient treatments. He will also talk about his latest discoveries in Regenerative Medicine, including his recent creation of the world’s first artificial pancreas, which may have important implications in diabetes.

Prof McGuckin, who has recently been appointed as Scientific Director for Cryo-Save, will be travelling to Bangalore, New Delhi and Mumbai.

Armed with 20 years of experience in stem cells, Professor McGuckin is an opinion leader who has been called upon by governments and hospitals around the world. He is also President of the Novus Sanguis Consortium, which brings together leading adult stem cell researchers and clinicians from across the world to work on specific diseases of the human condition, including heart disease, stroke, diabetes and organ degeneration.