Wednesday, November 20, 2019
News
NEWS HOME
»
PRN INDIA
PSP Investments Posts 10.7% 10-Year Annualized Rate of Return as Net Assets Under Management Grow by 9.7% to $168 Billion in Fiscal Year 2019
  SocialTwist Tell-a-Friend  
   



  • Ten-year net annualized return of 10.7%— above the return objective of 5.8%—generated $48.8 billion of cumulative excess net investment gains.
  • One-year total portfolio net return of 7.1% generated $11.7 billion of performance income.
  • Net assets under management grew by 9.7% to $168.0 billion, up from $153.1 billion in fiscal year 2018.

MONTREAL, June 11, 2019 /PRNewswire/ --  The Public Sector Pension Investment Board (PSP Investments) announced today that it ended its fiscal year March 31, 2019, with net assets under management (AUM) of $168.0 billion, compared to $153.1 billion the previous fiscal year, an increase of 9.7%. The investment manager also reported a one-year total portfolio net return of 7.1% and a 10-year net annualized return of 10.7% on its investments and generated $90.1 billion of cumulative 10-year net performance income and $48.8 billion of cumulative net investment gains above the return objective.

PSP Investments

"We have great reason to be proud of our strong performance and evolution on the world stage," said Neil Cunningham, President and Chief Executive Officer at PSP Investments. "We saw robust levels of investments throughout fiscal year 2019 and, despite market headwinds, these results clearly show the long-term success of our diversified investment approach in delivering value for our  stakeholders."

"Fiscal year 2019 was impacted by higher volatility in public markets amid concerns of a global economic slowdown", added Mr. Cunningham. "Our performance demonstrates the benefits of our strategy to diversify the portfolio across a number of public and private asset classes, to produce a strong positive overall return. Likewise, our strategic partners and platforms across all asset classes continued to generate attractive risk-adjusted investment opportunities, as we all worked together to spot the edge on investments to generate robust long-term returns."

PSP Investments' net assets increased by nearly $15 billion during fiscal year 2019. The increase is attributable to net contributions of $3.7 billion received by PSP Investments and the net return of 7.1% in the current fiscal year.

 

Asset Class Highlights


ASSET CLASS

NET ASSETS UNDER
MANAGEMENT 1

ONE-YEAR

RETURN

FIVE-YEAR

RETURN

% OF TOTAL

NET ASSETS

Public Markets

$80.8B

4.6%

8.0%

48.1%

Private Equity

$23.5B

16.1%

7.9%

14.0%

Private Debt

$10.5B

9.2%

14.2%2

6.2%

Real Estate

$23.5B

7.6%

11.8%

14.0%

Infrastructure

$16.8B

7.1%

12.7%

10.0%

Natural Resources

  $6.8B

11.1%

12.0%

4.0%

Complementary Portfolio

   $1.4B

0.04%

15.6%3

0.9%


1. This table excludes Cash and Cash equivalents.
2.  Annualized return since inception (3.3 years).
3.  Annualized return since inception (2.2 years).


 

As of March 31, 2019:

Public Markets, which is composed of Public Markets and Absolute Return Strategies (PMARS) and Fixed Income, finished the year with $80.8 billion of net assets under management, an increase of $4.1 billion from fiscal year 2019. Overall, the group generated a performance income of $3.6 billion, for a one-year return of 4.6%. With an ending AUM of $51.0 billion, slightly down from $51.8 billion in 2018, PMARS faced a volatile and challenging environment for active investment management this fiscal year. Notable contributors to PMARS' performance were the Global Investment Partnerships Portfolio that performed well in these difficult conditions, adding more than $110 million in value and the internally managed long-only strategies which outperformed their respective benchmarks. In the last five years, PMARS generated significant returns, with a five-year annualized return of 9.3%. Fixed Income's assets under management ended the year at $29.8 billion, up from $24.9 billion in 2018, generating a five-year annualized return of 4.8%.

Private Equity had net assets under management of $23.5 billion, $4.1 billion more than in fiscal year 2018, and achieved strong results with a one-year return of 16.1%. Performance income reached $3.2 billion. This is a continuation of the improved performance that began with a new investment strategy implemented during  fiscal year 2016. The growth of the portfolio was mainly driven by acquisitions of new direct and co-investments, largely offset with a record year of dispositions, especially in the direct portfolio where we exited investments in Orange Life Insurance and Sky Leasing, as well as Antelliq, which closed after fiscal year-end. New co-investments were made primarily in the industrial, health care, communications and financial sectors with the acquisition of significant interests in Alliant Insurance Services, Azelis and Wittur Group, among others. In 2019, Private Equity signed new fund commitments of $3.5 billion, through 16 new funds.

Private Debt had net assets under management of $10.5 billion, an increase of $1.6 billion from the prior fiscal year, and generated performance income of $837 million, resulting in a 9.2% one-year return. The outperformance was mainly driven by credit selection and fee income. The group deployed net $1.6 billion, reflecting $5.2 billion in acquisitions partially offset by $3.6 billion in dispositions, driven by the higher churn of the maturing portfolio. The group's portfolio is well diversified across geographies, industries, equity sponsors and asset types, heavily weighted toward floating rate exposure and reflects the contribution of the fully ramped-up Private Debt team in London.

Real Estate had $23.5 billion in net assets under management, up by $0.3 billion from the previous fiscal year, and generated $1.7 billion in performance income, resulting in a 7.6% one-year return. Real Estate's focus was on optimizing the portfolio. Net deployments were close to break-even as the group disposed of many core assets with completed business plans in the office and multifamily sectors in the US and non-strategic assets in Brazil and in the US.  The group also recapitalized the student housing portfolio in London with Greystar. With a low-yield environment making it more challenging to acquire core assets, the strategy behind a number of acquisitions in North America and emerging markets was value-add or opportunistic. The largest single acquisition was the Downsview airport land in Toronto, which is a long-term re-development project that aligns with Real Estate's build-to-core strategy in primary and growth markets. During fiscal year 2019, Darren Baccus was appointed as Senior Vice President and Global Head of Real Estate and Natural Resources.

Infrastructure had $16.8 billion in net assets under management, a $1.8 billion increase from the prior fiscal year, and generated $1.1 billion of performance income, leading to a 7.1% one-year return, primarily attributable to investments in the transportation and utilities sectors in Europe and North America. The group deployed $1.7 billion in new direct and co-investments in fiscal year 2019, while disposing of non-strategic investments totalling $0.6 billion. Infrastructure deployment was mostly across Europe and the US. Key investments included the acquisition of a majority interest in Forth Ports, the third-largest port operator by volume in the UK, and the acquisition by Roadis, PSP's road platform, of a controlling interest in two roads located in Portugal. Portfolio geographic diversification evolved with increased exposure to the US market and decreased exposure in Europe, Asia and Oceania.

Natural Resources had net assets under management of $6.8 billion, an increase of $2.0 billion from the previous fiscal year, and generated performance income of $574 million, for a one-year return of 11.1%. Fiscal year 2019 was marked by continued strong deployment in Australia, North America and selected regions in Latin America with significant investments in new agriculture joint ventures. Notable developments also included the strategic alliance of TimberWest and Island Timberlands, leading to the establishment of Mosaic Forest Management, which enables the shared use of facilities, enhanced forest stewardship and alignment of best practices.

Total Costs
PSP Investments' total cost ratio was 67.3 cents per $100 of average net investment assets in fiscal year 2019, compared to 69.8 cents in fiscal year 2018, and 70.5 cents in fiscal year 2017. Operating costs have remained constant at 31.7 cents for fiscal year 2019, the same as for fiscal year 2018. The stability in our cost ratios reflects PSP Investments' focus on enhanced cost management as we achieve our Vision 2021 strategic plan. These ratios can vary year-over-year as they are impacted by net AUM's fluctuations.

Corporate Highlights

  • We expanded our global footprint, opening a third international office in Hong Kong to support our global portfolio. Within the framework of our Vision 2021 plan, we significantly scaled our investment strategies, added new asset classes and are well on track to reach over $250.0 billion of assets under management by 2028.
  • As part of our One PSP vision, we implemented a total fund approach to our investment strategies, decision-making processes and risk management, while maintaining an entrepreneurial and agile culture. In July, Eduard van Gelderen was appointed as Senior Vice President and Chief Investment Officer, bringing strong market knowledge, investment expertise, international experience and leadership skills.
  • We implemented our new and far-reaching Talent Value Proposition to enhance the overall employee experience with a focus on moments that matter in attraction, development, reward and retention, as we continued to make inclusion and diversity a leadership commitment. At PSP Investments, women hold 36.4% of senior positions, while members of visible minority groups represent 18.5% of our Canadian workforce.
  • We continued to affirm our commitment to inclusion and diversity (i&D) through the work of our i&D Council, co-chaired by our President and CEO and Chief Human Resources Officer. Our i&D strategy promotes a wide variety of viewpoints and a respectful work environment that encourages and values differences. During fiscal year 2019, 60 very committed PSP employees led at least one major activity for each of our eight affinity groups and leveraged technology to include employees across our Canadian and international offices.
  • We deployed our new brand —Spot the edge—across multiple platforms, positioning PSP as an employer, partner and investor of choice.
  • We continued to embed environmental, social and governance considerations into every aspect of the investment process, across all asset classes. Accomplishments included achieving key milestones in our multi-year climate change strategy, broadening engagement with public issuers on healthy corporate culture and conduct, and promoting meaningful disclosure practices. Our third annual Responsible Investment Report can be consulted here.

"The Total Fund perspective has been a top corporate priority for PSP since the beginning of Vision 2021," said Eduard van Gelderen, Senior Vice President and Chief Investment Officer at PSP Investments. "Significant progress has been made to lead the organizational shift toward a balanced mix of bottom-up and top-down strategies. We are very pleased to see that the collaboration between the asset classes, the CIO Office and the Risk department has led to new investment insights. This integrated approach remains a top priority in the year to come."

"Thanks to our expert and diverse team, PSP has developed a worldwide reputation as an investor that spots the edge and has an inclusive and diverse culture," said Mr. Cunningham. "As we enter our twentieth  year of operations, our focus on the long-term horizon and on building a world-class team continues to drive our investment efforts on behalf of contributors and beneficiaries who have dedicated their careers to serving Canada."

For more information on PSP Investments' fiscal year 2019 performance, visit www.investpsp.com  or download the annual report here.

About PSP Investments
The Public Sector Pension Investment Board (PSP Investments) is one of Canada's largest pension investment managers with $168 billion of net assets under management as of March 31, 2019. It manages a diversified global portfolio composed of investments in public financial markets, private equity, real estate, infrastructure, natural resources and private debt. Established in 1999, PSP Investments manages net contributions to the pension funds of the federal Public Service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in MontrĂ©al and offices in New York, London and Hong Kong. For more information, visit www.investpsp.com  or follow us on Twitter  and LinkedIn.

Media Contacts: Maria Constantinescu, PSP Investments, Canada: 514-218-3795, Toll free: 1-844-525-3795, Email: media@investpsp.ca  

Photo - https://mma.prnewswire.com/media/900431/PSP_Investments_PSP_Investments_Posts_10_7__10_Year_Annualized_R.jpg

More News by PR Newswire India

French Nationality Remains Best in the World, While Brexit Britain Risks a Dramatic Decline

India Crowned its 2nd Rummy Crorepati in RummyCircle's Diwali Rummy TournamentTM by Play Games24x7

Kolte-Patil Unveils ZABARDUS - Highly Lucrative Lifestyle Choices for Home Buyers at its Flagship Life Republic Township in Pune

Godrej Locks Unveils Free Home Safety Assessment Programme as Part of #HarGharSurakshit Campaign

Atradius: Trade War Driving Growth in Global Trade Into Negative Territory

Covance Receives 2019 Global CRO Customer Value Leadership Award from Frost & Sullivan

OKEx Made to Top 10 Exchanges, According to CryptoCompare's Latest Exchange Benchmark

Merck Announces Orphan Drug Designation for Investigational Therapy Tepotinib in Patients with NSCLC Harboring MET Gene Alterations

Cambridge Quantum Computing Achieves Groundbreaking Results in Quantum Chemistry

Immunotherapy Emerging as a Treatment of Hope for Those With Lung Cancer

UST Global Makes Strategic Investment in Cogniphi Technologies

Exclusive Francis Newton Souza Artworks Expected to Break an All-time Record at the Waddington's Auction (Toronto, Canada)

Cognizant Named an AI Consultancy Leader in Asia Pacific by Independent Research Firm

2019 Global Terrorism Index: Deaths From Terrorism Halved in the Last Four Years, but Number of Countries Affected by Terrorism is Growing

Aston Martin Unveils DBX: An SUV with the Soul of a Sports Car

China Hi-Tech Fair 2019 (CHTF2019) Concludes in Shenzhen

Wunderman Thompson Partners with Tealium

Xinhua Silk Road: Chery's all-new Tiggo8 wins C-NCAP five-star safety certification

SEMI, Partners Launch Largest Microelectronics Education Initiative Co-Funded by Erasmus+ Program

Megaport Launches Network as a Service (NaaS) in Japan, Enabling Direct Access to Leading Cloud Services Through a Single Global Network

Kiwi.com, One of the World's Leading Travel-tech Companies, Is Becoming the First Virtual Global Supercarrier

Potential New Biomarkers for Parkinson's Disease Could Change Trajectory of Diagnosis and Treatment

Frost & Sullivan Divulges Top Innovators in the Global Bioplastics Market

Supermicro Delivers Industry-Leading Portfolio of Advanced HPC Systems at SC19

Frost & Sullivan Names Lytx "2019 Video Safety Solutions Company of the Year"

Cision And PRWeek Release 2019 Global Comms Report: The Path To Progress, Demonstrating The Rise Of Earned Media

LexisNexis Risk Solutions Earns Acclaim from Frost & Sullivan for Employing an Advanced Data Analytics Architecture to Aid Healthcare Decision-making

Gillette Says, it is Okay for Men to Cry, Shaving yet Another Stereotype Through New #ManEnough Film

Zhang Jindong Praised Suning Women's Football Club for a Quadruple Crown

TRM Labs, the first cryptocurrency risk management platform, raises $4.2 million in funding from Initialized Capital, Blockchain Capital, PayPal Ventures and Y Combinator

AMAX and GRC Partner to Reduce Data Center Energy Consumption Through Immersion Cooling

LPGA's Carlota Ciganda joins Brooks Koepka as inaugural winner of the Aon Risk Reward Challenge and takes home $1 million prize

Paramount Business Jets Launches World's First Open Source Carbon Offset System to Better the Private Aviation Industry

Firmenich Proves Malodor Control Is a Key Lever in Tackling Today's Sanitation Crisis

Avon partners with WAGGGS to help more women and girls to #SpeakOutListenUp on gender-based violence

Quantela Works With Cisco to Launch Outcome-based Project Financing for Smart City Projects

Never Too Far, Never Too Late: Chilean Buyers Help Expand Canton Fair's Influence in South America

WADe Asia Concludes Two-day Long Conference and Awards Ceremony Celebrating Women in Architecture, Art and Design

The Game of Votes by Farhat Basir Khan, a Book That Unpacks Democracy, Elections and Political Campaigns in India, Released by Shri Arif Mohammed Khan, Honorable Governor of Kerala

CellPoint Digital partners with EBANX to offer the best payment solutions for Latin America

Saudi Ministry of Health Awarded Certificates for 5 "Healthy Cities" by the WHO

Wonderchef Asks the Dear Man to Hold the Pan

Global Highly Cited Researchers 2019 list reveals top talent in the sciences and social sciences

Joining Hands with Global Social Giants: Haval Unveils Upgraded 2020 F7 and F7x Performance Edition

Anonos Keynote Speech on What the Future Holds for Financial Data Innovation

First Hyatt Hotel Opens in Himachal Pradesh State with Hyatt Regency Dharamshala Resort

Vishal Fabrics Reported an All-round Performance for Q2FY20 (Sales up by 23% YoY and PAT up by 39% YoY)

With new partnerships, Reuters Connect becomes the most comprehensive digital platform powering the news ecosystem

Dalmia-OCL Sets up Integrated Snorkel Manufacturing Line at Rajgangpur, Odisha

Skyscanner Reveals Slow Travel and JOMO Trips as Top Travel Trends for Indian Travellers in 2020

VVDN Technologies Meets Ontario, Canada Minister for Economic Development, Job Creation and Trade to Discuss Growth Plan

JD Institute Bangalore Welcomes International Designer, Mariel Manuel at the Campus

Moutai Group Sees Emerging Short Supply in Overseas Markets in 2019

Hyperloop Transportation Technologies' Great Lakes Study Preview: Feasible and Highly Profitable

THE EXECUTIVE CENTRE - 'Enterprise Solutions by The Executive Centre', New Video Series Announces Landmark Product Evolution

Hyperledger-based token Metacoin to list on its first global cryptocurrency exchange, Liquid

Dutch Caribbean Air Navigation Service Provider Deploys Space-Based ADS-B In Curaçao

Sims Recycling Solutions President To Address G7 Members At Paris Summit

A leading global medicines company executes a strategic investment in SiO2 Medical Products gaining access to a potentially disruptive novel packaging technology

Pregnancy No Longer Believed to Modify Trajectory of MS, Experts Say

Clarity Engagement Solutions announces the appointment of Kevin Simpson as CEO

The Prognosis for MS is Changing Due to Advancements in Treatment and Awareness, Yet Access to Care is Top of Mind for Global Neurologists

Supermicro Collaborates with Intel to Deliver Large Scale Distributed Training AI Systems

Whatfix Collaborates with Automation Anywhere to Bolster Robotic Process Automation Platform

City of Jerusalem Building One of the World's Largest Municipal Networks Using "Gigabit Wireless Access" Equipment from Siklu

Leading Technology for Measuring Steam

The Education Relief Foundation: Global South Taking the Lead in Developing Education Systems Fit for the Future

Study Says 65 Percent of Organizations in India Lacking Digital Skills are at Risk of Redundancy

Learn How to Drive Successful Innovation in an Era of Uncertainty

Absen LED Enhances Visitor Experience at Russian Oil Exposition

The Hague and Karnataka Renew MoU at Bengaluru Tech Summit

The Himalaya Drug Company Brings its Flagship Initiative 'Muskaan' to West Bengal to Create Awareness About Cleft

Airbnb and IOC Announce Major Global Olympic Partnership

Independent Mechanical Watch Brand Chronoswiss Launches the Regulator Classic Carbon Racer, a New Motor Sport-inspired Timepiece

Lifestyle Finance From Bajaj Finserv Offers Ease in Shopping Experience

CEIBS Global EMBA Retains #5 Spot in FT Ranking

Crowne Plaza® Hotels & Resorts Announces Worldwide Partnership With The Global Entrepreneurship Network

LEDGERS.Plus for Accountants Launched by IndiaFilings.com

Cambridge Quantum Computing Announces New Release of Updated Software Stack t|ket⟩™

Owl and the Pussycat Hotel - A Quirky Boutique Hotel Near Galle, Sri Lanka Uses Simplotel Website and Booking Engine

Manipal Hospitals Koramangala Launches Teddy Bear Clinic in Association with Podar Jumbo Kids Plus, Koramangala on Account of Children's Day

Doodle Collection Launches New 2020 Planners

New Report Maps Seven Critical Areas for Energy Sector Transformation and Calls for Breakthrough Global Climate Action

SMEs Sailing Economic Slowdown Using Neo Banking Platform EZO Banks

BioDuro chooses SciFinder-n from CAS to enhance research productivity and shorten cycle times for client success

10T Tech and TriMob Launch Ukraine's First Consumer eSIM Service

VeChain, Together with ASI Group and DNV GL, Announced the First Cross-continental Logistics And Trades Solution Based on Public Blockchain for Food & Beverage Industry On The 2nd CIIE

D-Fend Solutions Assures U.S. National Security Against the Increasing Threat of Rogue Drones

IARD: Leading Beer, Wine, and Spirits Producers and World's Prominent Digital Platforms Put in Place Further Safeguards to Prevent Minors Seeing Alcohol Marketing Online

Mystifly Announces Launch of 'OnePoint C2' - Industry's First API Tailored to Elevate Air Travel Retailing Experience

Unprecedented Gathering of Asia Pacific Medical Societies to Respond to the Impact of Antibiotic Resistance on All People

Hotstar Specials Presents Out of Love - A Show That Unfolds the Dark Reality of Infidelity

The Higher Committee of Human Fraternity Meets with Pope Francis of the Catholic Church and the Grand Imam of al-Azhar for the First Time to Present the Abrahamic Family House

International Gas Union responds to the European Investment Bank decision on fossil fuel projects

National Housing Bank (NHB) and French Development Agency (AFD) Expand Competitive Funding to Green and Affordable Housing Projects

German TV Hosts Ariane Alter and Sebastian Meinberg Set New Guinness World Record for World's Longest TV Talk Show

Enjoy Templestay for year-end getaway to feel Thoreau's simple life on the shore of Walden pond

GCL System Integration and Powin Energy Announce Joint Venture to Deliver Energy Storage Solution

Rotaract District 3141 to Hold 'Millenial Summit' to Encourage Innovation and Start-ups Among Youngsters

Sumant Sinha Honoured with the Distinguished Alumnus Award by IIM Calcutta

Meet Global Exhibitors and Hear from World-renowned Speakers at CHTF2019

OPPO Ranks No.1 in the Customer After-sales Service: Counterpoint Research

Dome, NSCI Hosts India's First Red Bull BC One Finals

Tulip Diagnostics to Acquire Biosense Technologies in India - Extends Capabilities in Point-of-Care Diagnostics

Canon India Collaborates With Cinepolis to Mark Children's Day

Pennar Industries Announced Buyback of Equity Shares

Xinhua Silk Road: Chinese automaker Brilliance Auto Group makes key step in tapping South American market

World's leading AC manufacturers and innovative technology companies in running for the Global Cooling Prize

Matrix Announces its Special Anniversary Sale

White Coat Ceremony, a Ritual of Commitment at Manipal's American University of Antigua College of Medicine, an Ideal Destination for a Global Medical Course

DBS partners with Exiger, tech leader in risk and compliance solutions, to fend off evolving risks of financial crime

Za Teb CEO to Speak at Economic Times Sustainable Development Goals & Impact Summit in India

Cutting-edge products and latest tech to go on show in Shenzhen

Xinhua Silk Road: Direct container shipping route from Central China's Wuhan to Japan scheduled to operate from Nov. 28

LvYue Group Completed Several Hundred Million Dollars in Series A and A+ Financing Led by Tencent, Sequoia China, Baidu Capital and Goldman Sachs

ST Telemedia Global Data Centres named 2019 Singapore Data Center Service Provider of the Year by Frost & Sullivan

Stellar named Australia Customer Contact Outsourcing Service Provider of the Year by Frost & Sullivan

Shell and partners add pre-salt production in Brazil

5GAA Live Demos Show C-V2X as a Market Reality

IMI and GustoMSC Naming Ceremony: IMI-2030

The Energy Globe Award, the World's Most Prestigious Environmental Prize, Has Been Awarded to the Best Solutions for Combating Climate Change

Global Security Industry Advances with Adoption of Servistization Models

Asia's Top Firms Recognized at the 2019 Frost & Sullivan Asia-Pacific Best Practices Awards

JLL named Asia Pacific Facilities Management Company of the Year by Frost & Sullivan for fourth consecutive year

Nobu Hotel Los Cabos Celebrates Official Opening With Signature Sake Ceremony

IBM Makes Higher Quality Weather Forecasts Available Worldwide

CultureWizard Releases Groundbreaking Global Inclusion Learning Course

Tree Nut and Dried Fruit Productions to Add up to 4.5 Million and 3.3 Million Metric Tons, Respectively

GRAX Releases Data Enrichment Hub for Salesforce.com

Publicis Sapient Named a Leader among Global Digital Experience Agencies

WATEC 2019 - The Start-Up Nation Is Coming Together for Water

Tukatech Launches "TUKATALKS" Podcast Featuring Fashion Industry Experts

Hexagon Peak and Huawei Sign 200 MW Cooperation Agreement for Vietnam Solar Market

Dr. Batra's - Protect Children With the Gift of Homeopathy

Walmart Canada and DLT Labs™ launch world's largest full production blockchain solution for industrial application

deAsra Launches the 'Homepreneur Resource Center'

FICCI Medical Travel Value Awards 2019 Given to 25 Hospitals & Healthcare Service Providers

70% of Large Indian Firms Use Analytics: Study by Analytics India Magazine & SAS

Global Technology Forerunner Amtex Wins the "CII Connect 2019 Award" for Exemplary Application of Technology

Hemp Against Eczema: Hemp Horizons Shows the Way for a 'Side-effect Free' Treatment

USDT-Margined Futures Live on OKEx

Artificial Sweeteners, an Alternative to the Sumptuous Silent Killer - Sugar

This Children's Day, Lil'Goodness Urges Millennial Moms to Inculcate Good and Healthy Eating Habits for Their Kids

Airbiquity Named 2019 Telematics Solution Provider of the Year by Mobile Breakthrough Awards

Promoting the Internationalization of Jiangsu Tourism, the Offline Activity Jiangsu "Lucky Dog" Ended Successfully

Saksoft H1FY20 Revenue at Rs. 178.39 Crs, a Growth of 3.9% Y-o-Y

10by10 Studio's Innovative Ideas Recognized by Smart Cities Council India

Anonos Keynote Speech on Lawful Data Monetization in the GDPR Era

AntWorks partners with SEED Group to drive adoption of Artificial Intelligence in the GCC

Exiger Wins Highly Commended for AML/CTF Compliance Capabilities

International Diabetes Federation: Latest Figures Show 463 Million People Now Living With Diabetes Worldwide as Numbers Continue to Rise

IT Minister of Telangana, KT Ramarao to Flagoff India's Biggest Festival 'IndiaJoy' for Gaming, Animation, VFX Media and Entertainment in Hyderabad

10T Tech and Hanhaa XG Enter into 3 Year Consumer eSIM Agreement

Ascensia Diabetes Care Celebrates the Important Role Families Play in Supporting People With Diabetes on World Diabetes Day 2019

International Peacemaker Professor Padraig O'Malley Receives Prestigious Henley & Partners Global Citizen Award

Higher Adoption of Emerging Technologies in Commercial Vehicles Stoke OEM Collaborations with Technology Developers

Chubb appoints Jason Keen as Division President, Chubb Global Markets

Adyen Launches Card Issuing Offering

NordVPN Officially Launches Its File Encryption Tool NordLocker

Innovative Term Product From ICICI Prudential Life Offers Life Cover to Individuals With Health Conditions

Industry Should Set Up Online Portal to Facilitate International Patients - Commerce Secretary

Sales Performance International Announces New Major Account Planning for Salesforce

Tradewind Announces $2.5 Million Credit Facility for Sustainable Homewares Company based in China and the USA

Introducing Maxima and Maxime, new premium fragrances to step up fragrance category

Queen's University Belfast Affirms Their Focus on Employability for Indian Students at Experience Queen's Event in Bangalore

Marketing analytics firms Marketscience Consulting and Truesight Consulting merge to deliver more unified and advanced client solutions

People Were Willing to Cooperate in Ayodhya Matter, Says Sri Sri in his EU Address

Nucleus Software Appoints Prakash Purushottam Pai as Chief Evangelist Officer

Prime Minister of the Republic of Singapore Intrigued by WeBank's Fintech-powered Services at SFF x SWITCH

Vakrangee Q2FY2019-20 Financial Results

Mumbai-based Artists 'Hari & Deepti' Revealed as the Next Four Seasons Envoys: Paper and Light Tell Their Story

Suning Sets New Singles' Day Record with Omni-Channel Orders Increasing by 76%

Indian Top Artist in Ketterer Kunst Auction in Germany

Bright Pattern Recognized for Highest ROI and Fastest Time to Deploy of All CCaaS Providers

Bloom Hotel Group bets Aggressively on Gujarat

'What Is Love?' - Burberry Reveals Festive Campaign

IIHM Young Chef Olympiad 2020 Launched at House of Lords, London

Chemetall completes expansion of its production site in Langelsheim, Germany

Gizmobaba, the Crossborder Social eCommerce Platform Gets Shortlisted for 3rd Startup India Investment Summit in China

International Gas Union Reaction to the IEA World Energy Outlook 2019

AI-Driven Health Benefits Platform ekincare Raises USD 3.6M

Wi-Fi Now Awards TalkTalk and ASSIA with "Best In-home Wi-Fi Product"

Enterprise AI Market in India is Heading Towards a Wider Adoption, Says New Study by Analytics India Magazine & BRIDGEi2i

Asia's Fastest Growing Cloud Telephony Platform, Exotel, Will Close the Year at Rs. 120 Crores

CreativeSprout's Assimilate to Organize India's First Health Marketing Summit in New Delhi

Megha Gas: An Extraordinary Beginning: Building Gas Infrastructure Aggressively for a Green Future

CIIE 2019: Yili Establishes Dairy Industry's First Sustainable International Supply Chain Network

Derana TV Selects LiveU Technology for its Entire Newsgathering Operations

Pennar Industries Reports 85% y-o-y Increase in Q2 FY2020 Consolidated PAT After Minority Interest at INR 23.5 Crore

Punjabi is the Fastest Growing Spoken Language in Australia: Australian High Commissioner Harinder Sidhu

Over 1,000sqm of Absen LED Used at GITEX 2019

INNOPIA launches Netflix-integrated Hailstorm Hybrid program in partnership with Amlogic and Verimatrix

INNOPIA becomes the first Korean ODM partner of Hailstorm Hybrid program, together with Synaptics and NAGRA

Isotropic Systems Completes Bi-Directional Over-the-Air Satellite Tests

Flexera Applauded by Frost & Sullivan for Being a Leader in Software-Enforced Software Licensing

The French Tennis Federation (FFT) selects Wilson Sporting Goods as an Official Partner of Roland-Garros and of the FFT

TRACE Releases 2019 Bribery Risk Matrix, Launches Bribery Risk Typology

Zeus Unveils High-Ratio FluoroPEELZ® Clear Peelable Heat Shrink

Tealium Launches Private Cloud to Help Organizations Maintain Unparalleled Data Security in the Cloud

Silicon Wafer Area Shipments Fall for Fourth Consecutive Quarter

World Intellectual Property Report 2019 - Local Hotspots, Global Networks: Innovative Activity Is Increasingly Collaborative and International

Fresh Hops Sent to Korea For Brewing in Just One Day

Cloudleaf Commended by Frost & Sullivan for Transforming Supply Chain Visibility and Redefining the Way Enterprises Work

Allscripts Awarded the 2019 US Company of the Year Award for its Advanced RCM Services

Ascom Commended by Frost & Sullivan for Dominating the Enterprise Wireless Phone Market with 20 Percent of the Shipment Share

Eastman collaborates with NB Coatings to offer sustainable automotive plastic

Parallel Wireless Helps to Deliver on MTN's OpenRAN Vision across Africa

Godrej Locks to Commemorate 3rd Home Safety Day on 15th November

Siklu Announces the Terragraph Product Family

Merck Licenses CRISPR Gene-Editing Technology to Evotec

Global urology leader Advanced MedTech co-leads SonoMotion's US$10 million Series B fundraising

PeopleStrong Appoints Ex-Aon Hewitt CEO Sandeep Chaudhary as President

Neurovalens Unveils Modius SLEEP, a Genius Next-Gen Device Powered by Neuroscience to Optimize Sleep Health and Address the Global Sleep Crisis, Without Medication

Quectel Opens R&D Center in Belgrade to Expand Global Presence

Appointment of Deepak Malhotra as a Director on Azure Power Global's Board

FreedomPay Announces An Agreement With Marriott International For Commerce Technology Innovation

Xinhua Silk Road: Wetland city Changde hosts international marathon event

Xinhua Silk Road: NE China's Heilongjiang launches winter tourism roadshow in Beijing

Volkswagen Joins SEMI; Membership to Advance Automotive Electronics

A Call to Action on Advancing Cyberstability: Global Commission (GCSC) Launches Final Report

MSI Unveils the Complete Product Line up of the New 'Content Creation' Series in India

UST Global Acquires Contineo Health, a Leading Healthcare Technology Consulting Firm Specializing in EHR Optimization

Seclore and Safetica Join Forces to Automatically Detect, Protect and Track Sensitive Information the Last Mile

GCPL's BBLUNT Re-energizes Growth With a Keen Eye on E-commerce and New Innovations in Their Hair Care and Styling Range

Xinhua Silk Road: Chery's engine listed among China's top ten engines for 2019

New World Gold Council Survey Highlights Substantial Opportunities for Gold

ThoughtWorks Honored With Excellence in Gender Inclusivity Award by NASSCOM

2019 World Sensors Summit Unveiled - Zhengzhou Embraces Whole World

Vymo Wins Aditya Birla's Bizlabs Fintech Award for Mobile-first Personal Sales Assistant

SummitAI Sierra Brings Enhanced AI Capabilities to Flagship ITSM Solution

Xinhua Silk Road: Sensor industry projects flock to settle in Zhengzhou, C. China

Statement: Vision Impact Institute Supports Women in Japan Demanding Rights to Wear Glasses at Work

WeBank's Henry Ma on Digital Banks: Promote Financial Inclusion and Achieve a Sustainable Business

Teleperformance in India Recognised as Best Employer 2019

Habanos, S.A. Presents Its World Preview of the Romeo y Julieta Maravillas 8, an Exclusive Edition to Celebrate the Chinese New Year

Hitachi Chief Revenue Officer to Share Winning Digital Strategies at the Sales Team Accelerator Retreat: A Frost & Sullivan Executive MindXchange

Prepare Your Business for the Workplace of 2025: Top Trends Impacting Latin America

ATAI Life Sciences and Cyclica launch joint venture to revolutionize drug development for mental health disorders

Ribbon Deploys Colt Japan's Emergency Calling Service

The Second China International Import Expo concludes successful run

The Fifth Edition of Solaris - IIM Udaipur's Annual Management Fest Concludes on High Note

Embassy Office Parks REIT Announces Second Quarter FY 2019-20 Results; Reports Another Strong Quarter of Leasing and a Quarterly Distribution of Rs. 4,630 Million

Admissions 2020-21 Open at India's First Design University

'Right To Protein' Health Campaign Launched to Create Awareness About the Importance of Proteins in an Indian Diet

Jaquar Group's Mehra Family Joins the Forbes List of top 100 Billionaires of India

Jana Small Finance Bank Raises Rs 225 Crores Capital

2019 World Sensors Summit and Expo Held in Zhengzhou, China

Global Modular and Prefabricated Building Market Set for Robust CAGR of 6.3% from 2018 to 2025

TATA Projects Builds 1000-bed Hospital

Swascan Collaborates With Video Conferencing Provider to Proactively Address Software Vulnerability

Kavalan's Latest Bottle Features a Studded Crown Fit For a King

CreditMantri Wins the Prestigious Jason J. Spindler 'Big Data for Impact' Award and the Alphamundi Foundation Impact Finance Awards at UNDP-SDG Finance Geneva Summit in Oct, 2019

Executive Education Programs from Michigan State University Coming to India

We Lose 11 Years on Smart Devices: Singapore health tech company calculates the cost of screen time with this revolutionary tool

SK-II ARTIST SERIES: POWER OF PITERA

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Sena pushing Aditya for CM delaying Maha...
MP: TikTok video with pistol lands youth...
Andhra hikes subsidy for Muslim, Christi...
Gehlot toes Rahul's line on Rafale (Lead...
Jio says, will be compliant with regulat...
Over 18 lakh farmers covered under pensi...
More...    
 
 Top Stories
A first, extraterrestrial sugar fou... 
Apple releases iOS 13.2.3 with more... 
Released Lynn so that we could bid ... 
Plug-in smart speaker Amazon Echo F... 
Amid Maha logjam, Pawar-PM to meet ... 
KPTL completes stake sale in Kalpat... 
105-year-old Kerala granny becomes ... 
Only 606 people are presently under...