Ramco Systems Jubilant Life shares jump on deal wins

first_imgThe Bombay Stock Exchange (BSE) building in Mumbai on Feb 29, 2016 (representational image).IANSIT software services Ramco Systems and Jubilant Life Sciences sizzled on the Bombay Stock Exchange (BSE), closing with gains of 9.18 percent and 12.05 percent on Wednesday. Ramco Systems closed at Rs 379.80  after hitting an intraday high of Rs 386 in intraday trading after news broke that its Malaysian arm won a multi-million contract from Panasonic while Jubilant Life also fared well  by  bagging projects to supply products in the US used for diagnostic and therapeutic procedures.The BSE Sensex closed 10 points lower at 26,633 while the NSE Nifty ended at 8,190, almost unchanged.Ramco SystemsThe Chennai-based company’s Malaysian arm bagged a huge deal from Panasonic for managing its HR operations.”Panasonic Group of companies in Malaysia has signed a multi-million-dollar strategic deal with Ramco Systems Sdn. Bhd. Malaysia part of India-headquartered HR software major Ramco Systems to digitize and transform HR and Payroll operations for nearly 20,000 employees nationwide on a unified platform,” Ramco Systems said in a regulatory filing to the BSE.The company said the deal reinforced its credentials as a reputed player in the segment.”We are seeing a growing trend among multinationals wanting to consolidate their multi-country HR operations on a single platform. Signing this deal with Panasonic Group of companies in Malaysia is a great endorsement of Ramco’s ability in addressing this market need,” P.R Venketrama Raja, Vice Chairman & Managing Director, Ramco Systems, said in the filing.The company is part of the Ramco Group that has interests in cement, textiles and windmills with operations in India and abroad.Jubilant Life SciencesThe company informed the BSE that its wholly-owned subsidiary Jubilant Pharma Limited, through one of its units Jubilant DraxImage Inc. Montreal Canada (JDI), has signed long-term contracts with distribution networks in the US “for supply of products used for diagnostic and therapeutic procedures for thyroid, myocardial perfusion, lung, kidney and bone scans to be supplied by JDI over a period of 39 months effective from January 2017.”The two-day Goods and Services Tax (GST) Council meeting ended on Wednesday without much headway even as the possiblity of rolling out the unified tax from April 1, 2017 remains highly unlikely. The next meeting will be held on January 16.Another significant development of the day with repurcussions on markets was the announcement of election schedule for Uttar Pradesh, Goa, Uttarakhand, Punjab and Manipur state assemblies.last_img read more

The Show Is a Showcase For Home Grown Talent

first_imgBy Sean Yoes, AFRO Baltimore Editor, [email protected] Rochon, an actress and producer is all too familiar with one of Baltimore’s essential rules; if you didn’t graduate from high school here there are certain customary “restrictions” placed on claims of Baltimore citizenship. Although she didn’t graduate from a Baltimore high school, she is fully invested in the city.“I’m born in Baltimore, my family is from West Baltimore, I live in Baltimore,” said Rochon who is also a graduate of Morgan State University. Baltimore is also the backdrop for Rochon’s new play “The Show,” which opens at the Motorhouse next month (Feb. 10).Actress, producer and director Megan Rochon’s new play “The Show” opens in February. (Courtesy Photo)“It’s a feel good musical…centered around a festival, The Show (modeled along the lines of AFRAM) that occurs once a year…Where Black artists have been coming since the 1960’s,” said Rochon. “It’s about a girl who is having relationship issues and decides to go to The Show to cheer herself up and release stress.” Rochon plays the lead role of Lekeisha Jones, whose character is comforted by her mother and grandmother in her time of distress in the wake of a broken relationship, before she makes her way to The Show. “She goes and while she’s there she runs into her boyfriend,” added Rochon who wrote, directed and is executive producer of The Show. In addition to being entertaining, the multi-talented performer hopes her new play and her professional example will inspire others in Baltimore who are pursuing a career in the dramatic arts.“I wanted to showcase the talent here,” Rochon said. “People have such a negative and distasteful look on the city. But, there’s so much talent in the city…fashion, hip hop and theatre.”Ultimately, Rochon is determined to be an integral part of Baltimore’s burgeoning cultural scene and to make it more viable for herself and others. “I’m a star; I’m an actress. I don’t want to just do community theatre and small TV stuff, I want to eat as an actress…I want to be able to eat and take care of my family with the acting,” Rochon said.“I’m at a place where I don’t feel like I have to leave Baltimore. All you need is the right people to see the potential that is here,” she added. “I want to be a part of the renaissance period of Baltimore.”last_img read more

Forgetting uses brain more than remembering

first_imgChoosing to forget something uses more brain power than trying to remember it, according to a study that could lead to treatments to help people rid themselves of unwanted memories. The findings, published in the Journal of Neuroscience, suggest that in order to forget an unwanted experience, more attention should be focused on it. The study extends prior research on intentional forgetting, which focused on reducing attention to the unwanted information through redirecting attention away from unwanted experiences or suppressing the memory’s retrieval. Also Read – Add new books to your shelf”We may want to discard memories that trigger maladaptive responses, such as traumatic memories, so that we can respond to new experiences in more adaptive ways,” said Jarrod Lewis-Peacock, an assistant professor at The University of Texas at Austin in the US. “Once we can figure out how memories are weakened and devise ways to control this, we can design treatment to help people rid themselves of unwanted memories,” Lewis-Peacock. Memories are dynamic constructions of the brain that regularly get updated, modified and reorganised through experience. Also Read – Over 2 hours screen time daily will make your kids impulsiveThe brain is constantly remembering and forgetting information – and much of this happens automatically during sleep. Prior studies focused on locating “hotspots” of activity in the brain’s control structures, such as the prefrontal cortex, and long-term memory structures, such as the hippocampus. The latest study focuses, instead, on the sensory and perceptual areas of the brain, specifically the ventral temporal cortex, and the patterns of activity there that correspond to memory representations of complex visual stimuli. “We are looking not at the source of attention in the brain, but the sight of it,” said Lewis-Peacock. Using neuroimaging to track patterns of brain activity, the researchers showed a group of healthy adults images of scenes and faces, instructing them to either remember or forget each image. Their findings not only confirmed that humans have the ability to control what they forget, but that successful intentional forgetting required “moderate levels” of brain activity in these sensory and perceptual areas – more activity than what was required to remember. “A moderate level of brain activity is critical to this forgetting mechanism. Too strong, and it will strengthen the memory; too weak, and you won’t modify it,” said Tracy Wang, lead author of the study and a psychology postdoctoral fellow at UT Austin. “Importantly, it is the intention to forget that increases the activation of the memory, and when this activation hits the ‘moderate level’ sweet spot, that is when it leads to later forgetting of that experience,” Wang said. As per the study participants were more likely to forget scenes than faces, which can carry much more emotional information, the researchers said.last_img read more