Tuesday, October 22, 2019
News
NEWS HOME
»
PRN INDIA
Cyient Reports The Quarter With Continued Growth In Revenue, Profit And Cash
  SocialTwist Tell-a-Friend  
   

~ Performance in line with outlook for FY19 with PROGRESS in A&D, Transportation and IE&NR ~

– Highest ever group annual revenue at $660Mn; growth of 8.7% in $ terms, 10.1% in CC terms; group revenue at ₹46,175 Mn, growth at 17.9%

– Highest ever annual operating profit at ₹6,443; growth of 17.3% post NBA investments

– Highest ever services operating margin at 16.4% for last 20 quarters, growth of 120 bps YoY

– Services revenue at $ 146.9Mn; growth of 1.7% QoQ (1.4% in CC), 2.9% YoY

– Group operating margin at 15.1% - highest in the last 20 quarters; expansion of 33 bps QoQ

HYDERABAD, India, April 25, 2019 /PRNewswire/ --  Cyient  (Estd: 1991, NSE: CYIENT), a global provider of engineering, manufacturing, geospatial, network, digital and operations management solutions to global industry leaders, today  reported  its  consolidated  financial  results for the fourth quarter (Q4) of FY 2019 ending March 31, 2018.

Maximizing the ROI of Your IoT Initiatives and Connected Assets

Financial Highlights:
For FY2019

  • Group revenue at $660Mn; growth of 8.7%, 10.1% in CC terms
    • Group revenue at ₹46,175 Mn; YoY growth at 17.9%
  • Services revenue at $580 Mn; growth of 6.3% (7.6% in CC)
  • DLM revenue at $79.7Mn; growth of 29.3%
  • Highest ever operating profit at ₹6,443; growth of 17.3% post NBA investments
  • Highest ever normalized profit after tax at ₹4,898 Mn; growth of 14.0%
  • Highest ever Free Cash flow at ₹3,770 Mn
  • Free Cash Flow conversion at 48.4%
  • Highest ever final dividend at ₹9/share, ₹15/share for the full year
  • Including buy back of ₹200 crores, the pay-out is ~82%

For Q4 FY19

  • Highest ever services operating margin at 16.4% for last 20 quarters, growth of 120 bps YoY
  • Services revenue at $ 146.9Mn; growth of 1.7% QoQ (1.4% in CC), 2.9% YoY
  • Group operating margin at 15.1% - highest in the last 20 quarters; expansion of 33 bps QoQ
  • Lowest ever ETR at 15.2%; lower by 719 bps QoQ, 651 bps YoY
  • Highest ever normalized Profit After Tax (PAT) at ₹1,881 Mn; growth of 104.2% QoQ; 54.7% YoY

Business Highlights

  • YoY revenue growth in A&D, Transportation and  IE&NR stood at 5%, 9% & 6% respectively
  • NAM & APAC YoY revenue growth of 2%, 23% respectively
  • Rolled out a portfolio of services and solutions for 5G deployment
  • Selected by UK power portal networks to develop an outage planning portal
  • Tripartite MoU with the Government of Telangana and Telangana State Aviation Academy (TSAA) for Drone Pilot Training and Certification Programs
  • Launched Cybersecurity Security Operations Centre (SOC)
  • 16 NBA programs in full swing - Proposal submission and advanced level discussion on a few projects with customers
  • Balance 26% in Cyient DLM Pvt. Ltd. purchased

Message from the Management

Commenting on the results, Mr. Krishna Bodanapu, Managing Director and Chief Executive Officer, said,  "Our performance was lower than the initial expectations both on revenue and margin. Our revenue for the quarter stood at $165.2 Mn which was a 3.3% growth YoY and 0.3% degrowth QoQ in constant currency. In USD our revenue for the quarter was flat QoQ. We recorded the highest group operating profit margin of 15.1% since the acquisition of Cyient DLM. This was achieved due to operational efficiencies; incremental bill days and lower SG&A spend in the quarter. We also recorded our highest ever services revenue this quarter driven by Semiconductor, Utilities & Geospatial and Transportation business segments. Our Design led Manufacturing (DLM) BU witnessed a degrowth mainly on account of our defocus from non-margin generating clients and push out of an order due to documentation issues.

For the year we delivered a strong performance. We witnessed a growth of 10.1% YoY in constant currency, due to performance in Semiconductor, Communications, Transportation and Aerospace and Defense business segments. We also recorded our highest ever PAT at INR 4,898 Mn an increase of 14% YoY. This year saw an increased momentum in strategy execution resulting in acquisition of Ansem N.V (in April2018) a leading fabless, custom analog and mixed-signal application-specific integrated circuits (ASICs) design company and 100% stake in Cyient Insights, a data science company (formerly named Invati Insights) of which Cyient had acquired 51% stake in 2014. We also acquired additional 26% stake in Cyient DLM in the year. The acquisitions allow us to create a unique and comprehensive ecosystem of engineering capability, emerging technologies and design led manufacturing capability which not only enables Cyient to meet global customer expectations, but also to achieve our strategic goal of providing complete systems and solutions to clients across industries.

We also won many accolades through the year and were recognized by major industry analysts. The key among them being Pratt & Whitney supplier awards for 'Supplier Highest Productivity' Award, 'Supplier Innovation' Award and 'Consistent Supplier Productivity' Award. The awards reflect Cyient's continued focus on excellence, innovation, and success within its Pratt & Whitney Center of Excellence (CoE). This year we were also ranked as an 'Established and an Expansive' player by Zinnov, a global consulting and advisory firm, in its 2018 report on engineering R&D services. Cyient was also placed in the 'Leadership Zone' across four industry verticals—aerospace, energy & utilities, transport, and construction & heavy machinery – retaining its leadership position of several years.

Our outlook for FY20 remains strong backed by a strong pipeline and order backlog. We expect a high single digit growth in our services business while DLM business is expected to grow in the range of 15%. We will deliver a double-digit EBIT growth this year."

Commenting on the results, Mr. Ajay Aggarwal, President & CFO, said, "I am pleased to share that for FY19, we saw a strong and a well-rounded performance with earnings growth of 14% (Normalised EPS at ₹ 43.4) and operating profit growth of 17.3%. The revenue stood at $660 Mn with highest ever operating profit in INR terms (₹ 6443 Mn) and normalised PAT (₹ 4,898 Mn). Healthy conversion of Free Cash Flow to EBITDA at 48.4% culminating into a highest ever Free Cash Flow of ₹3,770 Mn. We also declared a highest ever final dividend of ₹10/share, taking the total dividend for the year to ₹15/ share. The company embarked on a special initiative of a buy-back of INR 200 crores which progressed well on anticipated lines.  

The NBA program is garnering good traction and we are very confident that it would accelerate Cyient's EPS growth by 1.5-3%, from FY21 onwards. Profit improvement initiatives including cost optimisation and operational efficiency is on top priority. This would reflect in the results in the short-term. We are confident of delivering a strong performance in FY20. We are actively pursuing opportunities in organic and inorganic investments. Cyient would continue to focus on its commitments and the investor expectations aiming to maximize the shareholder's wealth."

Business performance and outlook

Aerospace & Defence
Aerospace & Defense (A&D) BU witnessed a growth of 0.4% QoQ and 5.4% YoY in constant currency. There was marginal growth in services business led by key accounts.   The shortfall was primarily from the DLM and analytics business and workload challenges in Singapore business. The BU is witnessing strong traction across the product lifecycle and will continue to invest in S3 strategy to drive growth. The momentum is expected to continue into FY20 and the outlook for the year remains positive driven by growth in Avionics and DLM segments.

Communications
The Communications BU witnessed a degrowth of 3.7% QoQ and 2.5 % YoY in constant currency. This has been a particularly difficult quarter for the BU as most of the deals got pushed to early next year. The delay in decision making on couple of large programs and work allocation being restricted impacted performance in the quarter. The BU launched various 5G offerings and is supporting a large carrier in their 5G road map. Focus on IoT, Open Source and RPA are expected to be key technological advancements in 2020. The BU expects a stronger momentum in FY20.

Utilities & Geospatial
Utilities and Geospatial BU witnessed a growth of 3.2% QoQ and 0.8% YoY in constant currency. The growth in the BU was driven by new customer additions and new solutions offerings. More established solution offerings like iDMS for utilities and road health analytics for geospatial continue to gain traction. The BU expects a strong growth in FY20 in Europe and North American markets backed by a strong pipeline and continued interest in solutions across all geographies.

Transportation
Transportation BU witnessed a growth of 3.5% QoQ and 14.8% YoY in constant currency driven by momentum in key accounts and new project wins. The BU continues to make significant progress in identifying opportunities and launching new solution offerings in  areas such as Augmented Reality, Smart Asset Maintenance & Cab Alarm notification.  The outlook for the year continues to remain positive driven by strong industry growth in key segments, healthy pipeline and long term relationships.

Industrial, Energy and natural resources (IE&NR)
IE&NR BU witnessed growth of 0.6% QoQ and 8.6% YoY in constant currency. The BU experienced delays in key client projects. The BU continues to witness a strong pipeline in connected equipment, power and asset health monitoring solutions with new opportunities in both existing and new clients. The mining segment is showing growth in asset health monitoring as they continue to focus on operational efficiency and automation. The power business is seeing new opportunities in turbine design and engine controls systems. The industrial business has new opportunities in augmented and virtual reality, manufacturing engineering and electronics. The BU is expected to witness growth in FY20 driven by continued performance in key accounts.

Semiconductor, Internet of Things & Analytics (SI&A)
Semiconductor BU witnessed a growth of 22.5% QoQ and 47.8% YoY in constant currency terms. Our key Accounts continued to see moderate growth while new clients contributed to additional growth. Our Turnkey ASIC business saw significant new design wins in the quarter. Despite significant headwind and margin pressure on our traditional layout and physical design services, we increased our focus on pre-silicon verification and post-silicon validation in semiconductor design services, deploying innovative equipment in our Hyderabad and Bangalore labs. This focus is helping us create momentum with clients. We continue to work with new clients, expanding our foray into unique and growing applications in AI and autonomous driving. Our outlook for FY20 continues to remain positive based on opportunities identified with key clients and the challenges that our services and solutions are primed to address.

Medical Technology and Healthcare
The Medical Technology and Healthcare (MT&H) BU delivered a growth of 4.3% QoQ and 9.7% YoY in constant currency in a seasonally slow quarter. This quarter saw increased focus on both services and design led manufacturing with an increased pipeline for large transformational opportunities providing end-to-end product development services to strategic segments. We are focused on strengthening the sales funnel and backlog and are optimistic about new business. The BU expects to witness strong growth through FY20 driven by growth in strong pipeline, order intake, venture investments and ecosystem partnerships.

Design Led Manufacturing
DLM BU degrowth of 11.9% QoQ and 10% YoY in constant currency terms. The QoQ growth was impacted by change and seasonality in oder intake in India Israel business. Our planned exit from a major customer due to low margins also impacted our growth. Our outlook for FY20 continues to remain positive based on strong pipeline and order intake.

Operational Highlights            

CSR Activities

  • Received "CSR Leadership" Award from ET Now in Community Development category
  • Continue to support 25 Government Schools – providing education to 15800+ underprivileged children
  • Continue to support 67 Cyient Digital Centers (CDCs) in around Hyderabad to more than 27000+ children and 5,500+ community members
  • Provided training to a pilot batch of 300 unemployed women on tailoring, bakery and beauty courses through the Cyient Urban Micro Sill Center (CUMSC) for urban poor

Awards & Recognitions

  • Positioned as an established and expansive player in Zinnov Zones' ER&D services report 2018
  • Recognized as a "Major Contender" in Everest Group's Peak Matrix Medical Device Engineering Services Assessment 2019
  • Cyient & India2022 coalition Launched Medtech Connect platform to address India's last – mile challenge in healthcare
  • Cyient Finance team won the "Best Risk Management Systems and Framework" award in the Treasury Risk and Compliance Excellence by Kamikaze B2B Media

Future Outlook for FY20

Revenue Growth

  • High single digit growth for Services in constant currency
  • DLM business expected to grow by ~ 15% in constant currency

EBIT    

  • Double digit growth in Earnings Before Interest and Tax

Others

  • ETR likely to be in the range of 22.5% - 23.5%
  • Other income is expected to be marginally higher than current year based on a strong forex forward position (at current spot rate) and recurring export incentives

About Cyient

Cyient (Estd: 1991, NSE: CYIENT) provides engineering, manufacturing, geospatial, digital, networks, and operations management solutions to global industry leaders. Cyient leverages the power of digital technology and advanced analytics capabilities, along with domain knowledge and technical expertise, to solve complex business problems.   As a Design, Build and Maintain partner, Cyient takes solution ownership across the value chain to help clients focus on their core, innovate, and stay ahead of the curve.

Relationships form the core of how Cyient works. With over  15,000 employees in 22 countries, Cyient partners with clients to operate as part of their extended team, in ways that best suit their organization's culture and requirements. Cyient's industry focus includes aerospace and defense, medical, telecommunications, rail transportation, semiconductor, utilities, industrial, energy and natural resources.

For more information, please visit www.cyient.com.
Follow news about the company at @Cyient.

Media Relations

Meeta Singh
Board: +91 40 6748 9100
Mobile: +91 994 906 5300
Email:  Meeta.Singh@cyient.com

Disclaimer
This document contains certain forward-looking statements on our future prospects. Although Cyient believes that expectations contained in these statements are reasonable, their nature involves a number of risks and uncertainties that may lead to different results. These forward-looking statements represent only the current expectations and beliefs, and the company provides no assurance that such expectations will prove correct.

All the references to Cyient's financial results in this update pertain to the company's consolidated operations comprising wholly-owned and Step-down subsidiaries Cyient Europe Limited; Cyient Inc.; Cyient GmbH; Cyient Australia Pty Ltd; Cyient Singapore Private Limited; Cyient KK; Cyient Israel India Limited; Cyient Insights Private Limited; Cyient Canada Inc.; Cyient Defense Services Inc.; Certon Software Inc.; Certon Instruments Inc.; B&F Design Inc.; New Technology Precision Machining Co. Inc.; Cyient Insights LLC; Cyient Benelux BV; Cyient Schweiz GmbH; Cyient SRO; AnSem NV; AnSem B.V.; Cyient AB; partly owned subsidiaries Cyient Solutions and Systems Private Limited; Cyient DLM Private Limited; joint venture Infotech HAL Ltd (HAL JV) & associate company Infotech Aerospace Services Inc. (IASI) until 8th December 2017.

The income statement and cash flow provided is in the internal MIS format. MIS format is different from the income statement published as part of the financial results, which is as per the statutory requirement.

Logo  - https://mma.prnewswire.com/media/289359/cyient_logo.jpg

More News by PR Newswire India

Philips India Launches CSR Campaign 'HarSaansMeinZindagi' to Promote Awareness on Childhood Pneumonia in India

Clicbrics Unveils Real Estate Festive Buying Trends

Volocopter Air Taxi Flies Over Singapore's Marina Bay

Business France Launches the Second Edition of its Major Annual Indo-French Business Forum: Ambition India 2020

Marg ERP's CMD Mr. Thakur Anup Singh Wins Prestigious Udyog Rattan Award

'Great Place to Work® India' Institute Crowns HashedIn as a Great Place to Work, Once Again in India

Xinhua Silk Road: China's Zoomlion rolls 120-tonne luffing tower cranes off production line

Future Generali India Life Insurance Company Limited Rolls Out 'Nayi Diwali Naya Rivaaj' Campaign

LG Innotek Publishes the 10th Sustainability Report

William O'Neil India Launches AlgoSmith for Retail Investors

Research Shows World at a Tipping Point to Meet Global Energy Goals by 2030 Without Urgent Investment

Mrs. Taruna Patel Initiates Seed Balls Campaign, 'Mix, Make and Throw to Grow' for the Protection of the Ecosystem

SHL Agrees To Acquire Aspiring Minds as Talent Strategy Becomes Critical for the Digital Era

Jelurida: Blockchain Anywhere With Ardor on Android

Wellington Drive Technologies third quarter update

GKN Powder Metallurgy Acquires FORECAST 3D, Expands Additive Manufacturing Capabilities to Include Plastics

RateGain Appoints Harmeet Singh as the New Chief Executive Officer

St. Mark's Hotel - A Boutique Luxury Hotel in the Heart of Bangalore - Uses Simplotel to Overhaul Their E-commerce

Alumni of JD Institute of Fashion Technology Soaring High at Bangalore Times Fashion Week 2019

A Spectrum of Royal Experiences at Phoenix Marketcity Kurla, This Diwali

Jetstay Brings Lowest Airfares to its Customers

Happiest Minds is the First Company Globally to Position Itself as "Born Digital . Born Agile"

ProtoPie Launches Major Update, Enabling Powerful, Collaborative Prototyping for Teams

Drug Delivery Devices Offering Enhanced Connectivity to Find Higher Uptake Among Hospitals

Sustainable Plasticizers and Novel Products Steer Global Plasticizers Market Expansion

YuppTV Join Forces With BSNL for a Triple Play Service Partnership

Dunzo Teams up With PUMA on Instant Deliveries for the 'Propah Lady' Campaign

New Research on Climate Change and the Brain, the Relationship Between Stroke and Dementia, Advances in Epilepsy and MS Among the Brain Health Initiatives Unveiled at 24th World Congress of Neurology

Cole Haan Announces Confidential Submission Of Draft Registration Statement For Proposed Initial Public Offering

Flip Your World View: Expo 2020 Dubai Aims to Turn Millions Into Global Changemakers as Event Marks One Year Countdown

Aireon Data Successfully Integrated With Atech SAGITARIO System

Pine Labs is Betting Big on the EMI Story: Announces a Strategic Alliance With SBI

Xinhua Silk Road: Moutai commits to enhancing cultural service, consumer experience

NASA Scientist Eric Lindstrom to Join Saildrone, Oversee Global Ocean Observing Fleet

Xinhua Silk Road: Moutai ranks among top ten liquor making companies in China

Hertz Asia Tops Regional Travel Awards

SkyFive Completes the Purchase of Nokia's Air-to-Ground Assets to Create World's First Specialist for Digital Broadband Networks for the Aviation Industry

Face Up To Rosacea: Galderma Launches Online Support to Empower and Equip Rosacea Sufferers to Discuss the True Burden of Their Disease With a Dermatologist

Sharda University Expands its Wings: Opens New Campus in Uzbekistan

Assam Company India Limited Aims to Quadruple its Production Capacity

2019 EBE China kicks off in Hangzhou

Michelin Starred Chef Vikas Khanna Shares the 'Recipe of Success' With Chitkara University Students

SAP partners with Microsoft for first-in-market cloud migration offerings

Xpress Money's Business Solution FLEX Strengthens, Powered by Collaborations With Banks, NBFIs and Online Remittance Players

Huawei Smart PV again leads PV Taiwan 2019

China's largest Gifts & Home Fair opened October 20

Xinhua Silk Road: 52 projects worth RMB128.3 bln inked on the Second Global Ningbo Community Development Partnership Conference

Women's World Banking hosts Making Finance Work for Women Summit in Singapore

Altium Extends Its Leadership in PCB Design With the Most Powerful Version of Altium Designer to Date

126th Canton Fair Witnesses Innovative Development in Home Appliance Products

Amplify Exchange Announces It Will Offer Commission-Free Trading

Goodbaby Launched New Products Designed by Dutch Illustrator Rick Berkelmans in Celebration of its 30th Anniversary

This Festive Season Philips Announces Exciting Offers Across TV and Audio Range

Focus on Exceptional Customer Service and Innovative Mobility Solutions Drives Enterprise Holdings to Another Record Year

Clé de Peau Beauté Unveils New La Crème, a Recrafted Masterpiece

SC Johnson Launches Global Partnership to Fight Ocean Plastic and Poverty

IntelliStay Hotels Pvt Ltd (IHPL) Launch the iStay Hotels Brand With a 92 Room Flagship Property at Hi-Tech City, Hyderabad

The Bicester Village Shopping Collection Champions the Future of Fashion

The Economist set the Course for Sustainable Growth at the Annual India Summit 2019

STL Unveils Stellar Fibre, Industry's First Universal Fibre, at IMC 2019

Third Edition of Smart Asia 2019 Flagged off in Mumbai

Malaysia's Former Minister of Defence, Hishammuddin Hussein, Declares That His Country Deserves Better

Top Global Athletes and Sports Personalities Awarded at ANOC Awards 2019

IOF: A Fracture Every 3 Seconds Worldwide - That's Osteoporosis

Strategic Agreement Signed by Evergrande and Pininfarina for a New Range of Electric Vehicles

Chitkara University Student Invents a Single-use Plastic Substitute

MoU Signed Between Apex Professional University and National Institute of Unani Medicine

"MEDIA ALERT: Dutch Farm Group Are Not 'Unification Church' Members"

Concept Medical is Granted CE Certification for Their Sirolimus Coated MagicTouch Group of Products

Xinhua Silk Road: Shaangu Group to break new ground with gold medal won at 2019 World Manufacturing Convention

Proudfoot and Strategia Worldwide Announce Partnership Integrated Risk Management and Operational Excellence Practices

Costa Rica Mystery: UK Reporter Still Missing After 10 Years

XKL Stands Behind Their Products

Digital Asset TDN Used to Acquire $25m of Graphite

Frost & Sullivan Reveals How to Shape Your Healthcare Strategy for 2020 in this $2 Trillion Market

Vimson Group and New Lab Partner to Explore New Possibilities in Mining

Speed Queen Launches a New Generation of Connected Washers and Dryers for Laundromats

Social Mobile Wins 2019 Innovation of the Year Award

JD Institute Receives Global Excellence in Design Education Award by Times

The Fullerton Hotel Sydney Debuts at No.1 Martin Place

Food Ingredients India & Health Ingredients (Fi India & Hi) and ProPak India: Indian sub-Continent's Most Comprehensive B2B Shows for Food, Health and Packaging by Informa Markets in India to be Held in Mumbai

Gratomic Signs Deal to Supply Graphite to Todaq

TikTok Democratizes eLearning With the Launch of the #EduTok Program

Pennar Industries Bags Orders Worth INR 304 Crore

FarEye Launches Flagship Solution to Help eCommerce Companies Scale Deliveries This Festive Season

Far East Hospitality Rethinks Luxury With the Launch of The Clan Hotel

ZTE wins 5G Excellence Award at the SDN/NFV World Congress

GELITA & Geltor Sign Letter of Intent to Commercialize First Animal-Free Biodesigned Collagen for Dietary Supplements, a Market with Huge Growth Potential

ZTE and China Unicom win Best Network Intelligence Award at Broadband Awards 2019

SECURA North Africa 2020 - The Fast-growing Safety & Security Event in Africa

EuroSchool Unveils Center for Excellence at its 3rd Campus in Pune, Announces Tie-up With Global Partners in Sports and Performing Arts

Xinhua Silk Road: SAIC Motor accelerates global expansion under BRI

Xinhua Silk Road: 2nd International Green Energy Development Conference held in east China's Yangzhong

Glenmark Pharmaceuticals Receives ANDA Approval for Abiraterone Acetate Tablets USP, 250 mg

Lavelle Networks Recognized in Intel Network Builders Winners Circle for Acceleration of Network Transformation

/C O R R E C T I O N -- Brand Factory/

MetGen Earns Acclaim from Frost & Sullivan for its Unique, Customized Enzyme Technologies, METNIN™ and ENZINE®

AntWorks wins Frost & Sullivan Intelligent Automation Software Technology Innovation Award

Festive Season at VR Bengaluru, Whitefield Till November 3rd

SenRa and McWane Partner to Enable Smart Water Metering in India

Hexagon & MSC Software Showcases the Power of Autonomous Mobility and Immersive Experience at the New India Facility

Health Horizons Sheds Light on the Scientific Facts Behind the Benefits of Hemp

Pinterest Inspires Diwali Celebrations Around the World

Ambica Steels Limited Gets Certified as an Accredited Company to be a Credible Supplier to the Automotive Industry

Never Before Payment Offer at Rustomjee Urbania

Avishkar and A Advani Realty's 'The Platinum Towers' Contributes to the Commercial Boom in Kharadi

Apex Professional University (APU) to Host National Seminar on 'Human Rights: Prospects and Challenges'

Meet the future at Asia Agri-tech Expo & Forum 2019

NCRTC Rolls Out Wrench SmartProject as Their Common Data Environment in Record Time

Xinhua Silk Road: CEIS, Fitch Solutions jointly release report on opportunities in ASEAN under BRI

AWE2020: AWE Ten Years, Smartizing The Future

Fraudulent Transactions Cost APAC Businesses an Average of 3.4 Times the Amount of Lost Transaction Value: 2019 LexisNexis Risk Solutions True Cost of Fraud APAC Study

Avidity Science Acquires Edstrom Japan Ltd

Frost & Sullivan Lauds The Qt Company for Developing a Low-cost Unified UI/UX Software Platform for the Automotive Industry

Daniel Wellington Announces New Iconic Link Collection and Global Campaign Faces

IMG Announces 2019 Leave Your Mark Contest Winners

JCSI Young Creatives Award Winners Announced

Special Operations Command's Intelligence, Electronic Warfare, and Cyberspace Operations to Fuel DoD C4ISR 2024 Spend

WebPort Global & Mediterranean Diet Roundtable Sign Partnership, Grow Online Community of Experts in Mediterranean Food Industry

Havas Health & You Becomes First Agency to Launch Creative Analytics Practice

Abu Dhabi Announces the Establishment of the World's First Graduate Level AI University

Quectel 5G Modules Selected by 100+ Global OEMs for 5G Designs

American Society of Agricultural and Biological Engineers partners with Impelsys to upgrade its publications synergy using iPC Scholar

Impelsys announces the launch of 2.0 version of its flagship platform iPC Scholar at the Frankfurt Book Fair

Infosys Instep Recognized as the Best 'Overall Internship Program' in the World

13th Edition of Renewable Energy India 2019: Witnesses a Strong Growth of 20% in Support of Green Energy

Artprice by Art Market: Will the Paris FIAC Be Able to Live Up to the Success of Frieze London?

Royal Canadian Mint's tri-metal token wins International Association of Currency Affairs' 2019 Excellence in Currency Award for Best new coin product, feature or distribution innovation

Microland Appoints Anupam Pandey as Chief Information Officer

Bajaj Housing Finance Limited has Provided Rs. 50 Crore Subsidy and Counting Under PMAY

IBM Boards the Mayflower Autonomous Ship Project

Drugs Made From Cancer Tissues and HIV Virus Found to be Effective Against Cancer, Says Research at Tata Institute

OMNICOMM Launches Next-generation Adaptable Fuel-level Sensors With 99.5% Guaranteed Accuracy

YES BANK Celebrates Childhood Through its Initiative, 'Cherishing Childhood'

Indonesian Healthcare Superapp Alodokter Raises USD 33M

New Website artfairmag.com Slated to Become Benchmark Site for Information on Art Fairs

/C O R R E C T I O N -- SenRa/

Web of Science Group Relaunches Master Journal List of 21k Journals

126th Canton Fair Kicks Off, Establishing an Open Platform for All

360 Finance's LendingAdda Launches Diwali Offers

360 Finance's LendingAdda Launches Credit Cards - Reshaping the User Experience

Vu Televisions Emerge as Market Leaders in Large Size and 4K Category in India

A Holistic Approach to Food and Nutrition Security This World Food Day

APU Celebrates its 3rd Convocation

SenRa and Bosch Partner to Deploy LoRaWAN® Solutions in India

LifeNet Health brings first clinically proven allograft-based biologic wound therapy to India

The Smart Contract Security Alliance Announces Founding Council

Patrick Imbardelli Elected to YPO Board of Directors

World Intellectual Property Indicators: Filings for Patents, Trademarks, Industrial Designs Reach Record Heights in 2018

Saudi Joy Forum 19, A Success For The Region And World

AIC Named North American Distributor Of Organic Rice, Organic Brown Rice And Organic Pumpkin Seed Proteins

WISPA Members Vote Cambium Networks Manufacturer of the Year

IMI and GustoMSC Sign Jack-up Design License Agreement

New Report: Laundry Releases Trillions of Plastic Microfibers Into the Ocean

FOX Bet Strikes Multiyear Deal With Major League Baseball

OhmniLabs Showcases Latest Telerobotics Innovations At CEATEC 2019

Airspan - Breaking Down the Barriers to Entry With the New Mimosa Connectorized A5x Access Point

TMP Worldwide Acquires UK-Based Social Media Leader Carve

CleverTap Completes $35 Million Series C Funding to Drive Global Growth

Charles Manning, Founder and CEO, Kochava, joins Forbes Technology Council

10th Foundation Day Celebrations Start at Shoolini University

Tourcom LLC, Holding Company of Tourcom Blockchain, Signs Strategic Investment Agreement through Equity Acquisition of Travel Information Sharing Service 'Wishbeen'

WorkBoard Announces Deeper Jira Integration to Bring Team OKRs into Developers' Jira Experience

Cision Announces Exclusive Platinum Sponsorship For PRSA 2019 International Conference

Systech Expands Market-Leading Brand Protection Solution for Improved Supply Chain Visibility

Artificial intelligence is transforming health care across Asia, fuelled by innovative public-private sector R&D and a focus on domestic health-care burdens

Sirius Design Group Generates $1.2m Revenue in 4 Years Helping Clients With Digital Real Estate

Dynata Launches New Platform to Transform the Future of Insights and Marketing

S BLOCK Co-Hosts WBF 2019 Indonesia Technology Conference, Creates DAO Super Community

TUV Rheinland Enables LoRaWAN(R) Certification in India

Tukatech Releases TUKAcad for Subscription in Native Languages for 4.38 Billion People

IDFC FIRST Bank and Sodexo Partner to Introduce Digital Meal Benefit Solution for Corporate Employees

Whale Cloud Unveils 5G Operation Map at India Mobile Congress 2019

LyondellBasell Announces Construction of New Small-Scale Molecular Recycling Facility

Celemics Expedites Target Enrichment NGS Data Insights by Partnering With BlueBee on a Global Genomics Data Solution

ZTE launches industry-first 5G+VDSL2 hybrid home gateway

OYO's HR Team Saved 75% At-risk Employees Using inFeedo's Engagement bot, Amber

Ameyo Integrates With Freshworks to Simplify Customer Journey

Nuclear Days 2019 - French Nuclear Industry to Intensify its Operations in Indian Market

Happiest Minds Wins 2019 Red Herring Top 100 Asia Award

The Spielwarenmesse Reveals the Trends for 2020

Xinhua Silk Road: SAIC Motor gains momentum in India with 31,000 orders received by September

CreditVidya Wins the Prestigious 2019 Red Herring Top 100 Asia Award

GCW Global Customised Wealth Announces New Partner: Tim Babich

GTPL Hathway's Consolidated H1 FY20 PAT at ₹ 580 Million, up by 102%

'Where Will Man Take Us?' by Atul Jalan has been Certified a National Bestseller by Penguin Random House India

Tejas Networks Launches World's Largest Disaggregated Packet-optical Switch at India Mobile Congress 2019

Building on Local Momentum: Malaysia's Greater Petaling Joins City Cancer Challenge

Shanghai International Money Fair - one of China's largest financial fairs will be held in December

Europe's Most Trusted Crypto And Precious Metal Companies Partner To Create Gold Token Secured By Bitcoin Network

RGE Commits US$200 Million to Next-Generation Textile Fibre Innovation and Technology

Medisanté Earns Acclaim from Frost & Sullivan for Ensuring Better Care Outcomes while Reducing Costs

INSIDE INFORMATION: BW LPG Contemplated Sale of Shares

School House Crafts Multi-Sensory Journey of Discovery and Re-collection for La Mer Campaign Exhibition

Vevue Partners with CBX Exchange for Initial Auction Offering

Frost & Sullivan Recognizes Pepco Holdings and Carlsbad Municipal Water District with Excellence in Resourcefulness Awards at Itron Utility Week

His Holiness The Dalai Lama Awarded Honorary Doctorate by Chitkara University

Surplus Keslow Cinematography Gear Up For Auction

Libyan Investment Authority Loses Claim in the UK Court of Appeal - London

Artificial Intelligence for Risk Management Process by MovingNow

Maruti Suzuki Arena Devils Circuit Season 2019-20 Draws Over 6K Runners in Hyderabad

Quectel Achieves Industry's First 5G Data Call over 5G mmWave Module

Artprice by Artmarket: The Gagosian's Grand Projects for the Late Simon Hantaï (1922-2008)

Ryan International Group of Schools Receive India's Most Respected Brand Award 2019

JD Institute Of Fashion Technology, South Announced its New Domain

VeChain Is Leading Co-sponsor of GDST Seafood Trackathons

The World's Largest Automakers, Along with MOBI, Announce a Joint Proof of Concept for the First Vehicle Identity on Blockchain

Indiannica Learning Announces the Launch of Indiannica Quiz League

Third Annual Convocation Ceremony Will be Celebrated in Apex Professional University

An Encounter of Two Icons: Tic Tac® Meets Coca-Cola®

Birlasoft to Accelerate Invacare's Business Transformation Journey Signs US$ 240 mn, Multi-year Deal, to Provide Complete IT-as-a-Service (ITaaS)

Bali Zoo Celebrated Tumpek Kandang Ritual for all its Resident Faunas

Nitin Mantri Becomes ICCO President

DMCC Awarded 'Global Free Zone of the Year' for a Record Fifth Consecutive Year

Apex Professional University Signed MoU with Life Science Sector Skill Development Council

Find TVU Networks at Broadcast India 2019

UAE and UNESCO Renew Partnership, Extending Efforts to Restore Historic Churches in Mosul

Over 70,000 Visitors, SR2m Falcon Sales on First Day of Riyadh Exhibition

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Gourmet Kashmiri restaurant opens in Lut...
Delhi HC issues notice to EC, Centre on ...
Nothing unconstitutional about dividing ...
Govt employees of UT of J-K, Ladakh to g...
PNB scam: Two fresh applications filed i...
Motihari shelter home: 2 girls found, 2 ...
More...    
 
 Top Stories
Nationalism dominates SL prez poll ... 
Banking ops affected due to bankers... 
Chile mass riots toll increases to ... 
Kartarpur project a positive develo... 
Microsoft acquires Cloud file migra... 
BSP leaders' face blackened, parade... 
'Sanju' bags award at Australian In... 
France Football gives explanation o...