by rakesh | Jan 2, 2010 | Business
BROCTON, N.Y., Jan. 1 /PRNewswire/ — Today Criminal Record has announced the deployment of powerful new programming, databases and hardware that make conducting a criminal records search anywhere in the United States a much more accurate and painless process.
For years conducting background checks has been problematic in the sense that not every record was covered and quality of data varied greatly in quality plus scope from company to company.
The new system announced by Criminal Record today (code named Raptor) is using a new type of artificial intelligence to collect and parse information from over 3000 U.S. counties and 98 Federal Districts. The new system is then taking that information and attaching it to Social Security Numbers, Dates of Birth, Relatives, Address Histories, Previous Jobs and public records to provider individuals with a much more complete overview.
This application has been in beta for the last 5 months and has preformed beautifully. It is now being released to the general public, private corporations and Government Agencies.
Because this application is web based and can be located at http://www.criminalrecord.net/ there is no need for a user to download and install software. This solves speed problems along with allowing users to conduct preliminary searches on other individuals in a purely private manner.
To find out more about how CountyCriminal.com can be of use to you or to peruse their powerful new feature, visit them online at http://www.criminalrecord.net/.
by rakesh | Jan 2, 2010 | Business
NEW YORK, Dec. 31 /PRNewswire/ — The media’s coverage of mixed economic news led to a marginal rise in the Dow Jones Economic Sentiment Indicator (ESI) in December. The ESI rose to 38.7, up only minimally from 38.3 in November. This slight rise is the ESI’s third weakest performance in a year and much less convincing than increases in October and November.
While the ESI ends the year significantly higher than the 22.4 level it registered in January at the start of the year, December’s weaker performance means the indicator failed to break back above the level it held before the collapse of Lehman Brothers in September 2008.
The Dow Jones Economic Sentiment Indicator aims to predict the health of the U.S. economy by analyzing the broad coverage of 15 major daily newspapers in the U.S. During December, media coverage that included references to better-than-feared holiday retail sales was outweighed by articles referencing mixed or negative economic news including continuing double-digit unemployment and slower economic growth.
“The ESI’s significantly slower rate of improvement in December suggests the U.S.’s economic rebound could be starting to level off and that non-farm payrolls neither advanced nor declined by much during the month,” Dow Jones Newswires ‘Money Talks’ columnist Alen Mattich said.
The ESI represents one of the most comprehensive and far-reaching examinations of media coverage as an economic indicator. The ESI’s back-testing to 1990 shows that the ESI clearly highlighted the risk that the U.S. economy was sliding into recession in 2001 and 2008 and suggests the indicator can help predict economic turning points as much as seven months in advance of other indicators.
Unlike some other indicators where 50 is a clear break-point between recession and recovery, the ESI needs to be read with reference to longer trends. Based on the ESI’s performance since 1990, previous recoveries have been marked by substantial month-to-month gains, with a jump of three points seeming to be a sign of significant improvement. A drop below 50 marks the point at which there is a clear risk of a slowdown.
The Dow Jones Economic Sentiment Indicator is calculated using a proprietary algorithm through Dow Jones Insight, a media tracking and analysis tool. More information about the Economic Sentiment Indicator and its development is available at http://dowjones.com/esi .
Dow Jones Insight uses innovative text mining and analytic technologies to help organizations keep informed about relevant issues, news, conversations and trends emerging in mainstream, Web and social media. Dow Jones Insight’s global content collection includes more than 25,000 news and information sources as well as blogs, message boards, and posts from YouTube and Twitter.
[size=xx-small]Source: Dow Jones via prnewswire[/size]
by rakesh | Dec 25, 2009 | Business
ITC’s Hotel Royal Gardenia Becomes the World’s Largest LEED Platinum Rated Green Hotel – First Hotel in India to Achieve This Recognition KOLKATA, India, December 24/PRNewswire/ — ITC’s new luxury hotel in Bengaluru, the ITC Hotel Royal...
by rakesh | Dec 25, 2009 | Business
BANGALORE, India and FREMONT, Calif., Dec. 23 /PRNewswire-FirstCall/ — Infosys Technologies Limited (NASDAQ:INFY) , a world leader in consulting and information technology services, will announce results for its third quarter ending December 31, 2009 on Tuesday,...
by rakesh | Sep 10, 2009 | Business
Speaking about his win, Karambir Singh Kang, GM, The Taj Mahal Palace & Tower, Mumbai said, “This is indeed a humbling experience for me. I am very happy to have been awarded this prestigious honour for a job that I am so passionate about. I am also very thankful to Taj for having given me this opportunity. This award is testament to our hotel’s commitment to customer satisfaction and I would like to applaud every staff member and employee whose relentless efforts have resulted in this award.”
Applauding Karambir’s success, Mr. Raymond Bickson, Managing Director & Chief Executive Officer, Taj Hotels Resorts & Palaces said, “This is a very exciting moment for the entire Taj family. We congratulate Karambir and take pride in his honour. Karambir’s contribution to Taj has been unparalleled; he has exhibited great passion, resolve and strength and has contributed immensely to the success of The Taj Mahal Palace & Tower, Mumbai.”
Having started his career at the Taj Hotels, Karambir has spent more then 17 years in the group, exemplifying dedication and enthusiasm towards his work. Customer engagement and providing superior guest satisfaction have been the cornerstones of his illustrious career. The practices he has had the foresight to employ within the hotel are reflective of his leadership and managerial skills that epitomize the ideal General Manager.
Karambir’s leadership was put to the test when the iconic hotel was devastated by a terrorist attack on 26 November, 2008. Despite the considerable damage to the property, the grief due to the loss of lives of members of the Taj family and the personal upheaval faced, Karambir Singh Kang stood a pillar of strength and ensured that the hotel was reopened in just 23 days.
Under his leadership, The Taj Mahal Palace & Tower has won many awards and accolades such as Conde Nast Traveller – UK Reader’s Travel Awards 2008 For Best Overseas Business Hotel, USA Gold List 2009 For Best Places to Stay in the World. National Tourism Award – Atithi Devo Bhava: Pride of India for exemplary service going beyond the call of duty, Economic Times Special Corporate Citizen Award for its brave staff for putting service before self, for saving the lives of others at the risk of their own; Travel & Leisure 2009 – World’s best city hotels in Asia.
ABOUT THE TAJ MAHAL PALACE & TOWER, MUMBAI
Taj Hotels Resorts and Palaces is today recognized as one of Asia’s largest and finest group of hotels. Incorporated by the founder of the Tata Group, Mr. Jamsetji Nusserwanji Tata, the company opened its first hotel, The Taj Mahal Palace Hotel, Mumbai in 1903. The Taj, a symbol of Indian hospitality, completed its centenary year in 2003. It is renowned the world over as one of the legendary landmark hotels of the Orient. Overlooking the Gateway of India with a panoramic view of the bay, the hotel is situated minutes away from the central business districts of the city. For over a century it has set the benchmark for fine living in India with exquisite refinement, inventiveness and warmth it’s a perfect blend of unrivalled legendary richness and heritage coupled with state-of-the-art facilities.
Taj Hotels Resorts and Palaces is one of Asia’s largest and finest group of hotels, comprising 65 hotels in 45 locations across India with an additional 15 international hotels in the Maldives, Malaysia, Australia, UK, USA, Bhutan, Sri Lanka, Africa and the Middle East and South Africa. From world-renowned landmarks to modern business hotels, idyllic beach resorts to authentic Rajput palaces, each Taj hotel offers an unrivalled fusion of warm Indian hospitality, world-class service and modern luxury.
ABOUT VIRTUOSO (R)
Virtuoso(R) is the industry’s leading luxury travel network. This by-invitation-only organization comprises over 300 agencies with more than 6,000 elite travel specialists in 22 countries in North and South America, the Caribbean, Australia and New Zealand, as well as over 1,000 of the world’s best travel providers and premier destinations.
VIRTUOSO LIFE editors, in collaboration with Virtuoso’s member travel advisors, selected nominees representing the pinnacle of service, design and luxury in the industry. The 10 award categories ranged from “architecture and design” to “most innovative guest experience.” Winners were selected above other nominees as they were regarded as the very best in their category demonstrating innovation, dedication, social conscience and even courage.
The other winners were Hotel of the Year: Park Hyatt Shanghai, Shanghai China, Most innovative Guest Experience Six Senses Hideaway Zighy Bay, Musandam Peninsula, Oman, Best Culinary Experience Rossillinis, Palazo Sasso, Ravello, Italy.
by rakesh | Apr 21, 2009 | Business
“We expect this acquisition to be accretive to Oracle’s earnings by at least 15 cents on a non-GAAP basis in the first full year after closing. We estimate that the acquired business will contribute over $1.5 billion to Oracle’s non-GAAP operating profit in the first year, increasing to over $2 billion in the second year. This would make the Sun acquisition more profitable in per share contribution in the first year than we had planned for the acquisitions of BEA, PeopleSoft and Siebel combined,” said Oracle President Safra Catz.
“The acquisition of Sun transforms the IT industry, combining best-in-class enterprise software and mission-critical computing systems,” said Oracle CEO Larry Ellison. “Oracle will be the only company that can engineer an integrated system – applications to disk – where all the pieces fit and work together so customers do not have to do it themselves. Our customers benefit as their systems integration costs go down while system performance, reliability and security go up.”
There are substantial long-term strategic customer advantages to Oracle owning two key Sun software assets: Java and Solaris. Java is one of the computer industry’s best-known brands and most widely deployed technologies, and it is the most important software Oracle has ever acquired. Oracle Fusion Middleware, Oracle’s fastest growing business, is built on top of Sun’s Java language and software. Oracle can now ensure continued innovation and investment in Java technology for the benefit of customers and the Java community.
The Sun Solaris operating system is the leading platform for the Oracle database, Oracle’s largest business, and has been for a long time. With the acquisition of Sun, Oracle can optimize the Oracle database for some of the unique, high-end features of Solaris. Oracle is as committed as ever to Linux and other open platforms and will continue to support and enhance our strong industry partnerships.
“Oracle and Sun have been industry pioneers and close partners for more than 20 years,” said Sun Chairman Scott McNealy. “This combination is a natural evolution of our relationship and will be an industry-defining event.”
“This is a fantastic day for Sun’s customers, developers, partners and employees across the globe, joining forces with the global leader in enterprise software to drive innovation and value across every aspect of the technology marketplace,” said Jonathan Schwartz, Sun’s CEO, “From the Java platform touching nearly every business system on earth, powering billions of consumers on mobile handsets and consumer electronics, to the convergence of storage, networking and computing driven by the Solaris operating system and Sun’s SPARC and x64 systems. Together with Oracle, we’ll drive the innovation pipeline to create compelling value to our customer base and the marketplace.”
“Sun is a pioneer in enterprise computing, and this combination recognizes the innovation and customer success the company has achieved. Our largest customers have been asking us to step up to a broader role to reduce complexity, risk and cost by delivering a highly optimized stack based on standards,” said Oracle President Charles Phillips. “This transaction will preserve and enhance investments made by our customers, while we continue to work with our partners to provide customers with choice.”
The Board of Directors of Sun Microsystems has unanimously approved the transaction. It is anticipated to close this summer, subject to Sun stockholder approval, certain regulatory approvals and customary closing conditions.
There will be a conference call today to discuss the transaction at 5:30 a.m. Pacific time. Investors can listen to the conference call by dialing (719) 234-7870, passcode 923645. A replay will be available for 24 hours after the call ends at (719) 884-8882, passcode: 923645. A live audio webcast of the call will be made available at www.oracle.com/investor and a replay will be available for seven days after the call ends.
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