The stock has been rallying by 126% since February 2011, six months before the US entertainment giant announced its plan to buy out the Indian company and subsequently delist it, but the market watchdog has been looking elsewhere

US-based entertainment giant Walt Disney recently announced the buyout of UTV Software Communications by acquiring the shares held by promoters and public, and the delisting of the company. Reacting to the news, the stock jumped by 5.39% and closed at Rs950.45 on 26th July on the Bombay Stock Exchange (BSE). But little did people notice that the scrip has been rallying since February 2011, six months before the big announcement.

Surprisingly, market regulator Securities and Exchange Board of India (SEBI), has not taken any note of the upward movement of the company’s stock, which is without any specific reason.

On 9 February 2001, company’s stock closed at around Rs437.50. Since then it continued to climb, till 27th July, where it closed at Rs987.85. In six months, the scrip has gone up by 126%. During this period the Sensex was flat.

Market experts point out that such a steady rise in the stock price, followed by a major announcement is highly unusual and needs investigation by SEBI. There was no fundamental reason for the stock to have steadily moved upwards.

Walt Disney, a group promoter, currently holds 50.44% paid-up equity share capital of the company. It has now offered to acquire shares held by the public and original promoters. UTV’s managing director Ronnie Screwvala, Unilazer Export and Management Consultants Limited, Unilazer (Hong Kong) Limited and Zarina Mehta are the promoters of the company who hold 19.82% of the equity.

Interestingly, on 10th February, Unilazer Export bought 44,000 shares of the company. This is just a day after when the scrip started moving up.

In a filing to the BSE, UTV said, “The company’s board of directors has approved the delisting offer and is acquiring shares from public at a price not exceeding Rs1,000 per equity share. Walt Disney will also acquire 80,53,480 equity shares representing 19.82% of the current paid-up equity share capital from its other promoters of the company at the same price as discovered pursuant to the delisting offer.”

Importantly, the company has further mentioned that Walt Disney has informed them that, “if for any reason, the delisting offer is not successful, the Acquirer (Walt Disney) shall evaluate all potential strategies and opportunities in relation to the acquirer’s investment in the company.”

Such a statement, market participants say, raises speculations over the buyout offer. Small-time investors are already in doubt over the deal. SEBI, so far, has failed to act and ascertain the reason for the rise in the company’s stock. At least the regulator should now keep a tight vigil on the company’s activity, to protect investors.

Source:http://moneylife.in/article/utv-software-communication-sees-unusual-rise-much-before-walt-disneys-takeover-offer/18529.html

Send Word Now – a provider of on-demand alerting, response, and incident management services – has announced the use of its communications software by the Family Assistance Foundation.

Using Send Word Now’s alerting software, the foundation expects to reach out to volunteers, member organizations and crisis managers, helping survivors and their families in the wake of commercial aviation, rail, and cruise accidents and other technological and natural disasters.

Tony Schmitz, president and CEO at Send Word Now, said that organizations such as this one are extremely important and provide an incredible service to family members and primary survivors of a wide array of accidents and disasters. “And it is after such accidents that communication is not only sensitive but extremely critical as well,” he said.

In addition to organizing its own team, the foundation also organizes volunteers from member organizations around the world after a disaster or accident. It does so to help provide transportation, food, lodging, and counseling in the immediate aftermath of a disaster.

“Send Word Now is truly very easy to use, and that’s so important for us and for our clients when we are responding during a crisis,” said Jeff Morgan, co-founder and chairman of the foundation.

Carolyn Coarsey, Ph.D., president and co-founder of the foundation, added that Send Word Now is a customer-focused organization that is very willing and open to help any company with whatever it takes; the organization is focused on assisting people when they need help.

Send Word Now is a provider of on-demand alerting and incident management services for both routine and emergency communication. The Web-based emergency notification service is used by government agencies, municipalities, universities, non-profit organizations and businesses.

Earlier last month, the company announced many local and international organizations used its communication and incident management software during the Toronto G20 summit.

Source:http://outbound-call-center.tmcnet.com/topics/outbound-call-center/articles/92609-family-assistance-foundation-selects-send-word-nows-communications.htm

Mindjet®, the leading provider of software and cloud-based applications for visually organising and managing information and ideas, is sponsoring a free Webinar on ‘Mastering Communication for Global Projects’.

The presenter is Warren Arbuckle, who has spent the past seven years developing business innovation strategies and helping Fortune 500 companies to apply these strategies. He has more than 25 years of executive experience in Japan.

The Webinar, at 1pm AEST on July 21, is derived from Arbuckle’s program, ‘Mastering MindManager™ for Projects’, which is officially approved by the Project Management Institute for its 350,000-plus certified members. Participants will learn three strategies for maximising project communication by setting up a visually intuitive, easily customised Project Dashboard to:

• Break down communication barriers (How to exploit multiple languages to advantage).

• Effectively communicate with project stakeholders (Your management, your client and your team).

• Slash meeting prep time in half (No more PowerPoint!).

Arbuckle says it is possible to slash any meeting prep time in half. Project managers typically spend 3-6 hours a week searching for and prepping data, and his presentation can eliminate the process of digging around for the latest information to present. Instead it will show how to use MindManger to run meetings.

He says: “See how you can leverage MindManager and the Project Dashboard to power up projects, saving time and effort on projects of any size. The need to improve communication and lower risk for project success is greater now than ever before, as resources are severely limited.”

The Webinar is for professionals and those new to project management. Certified PMPs will earn 1 PDU for re-certification from the Project Management Institute.

Source:http://www.cfoworld.com.au/mediareleases/10955/how-to-master-communication-for-global-projects/