GIPL develops smart phone based surveillance, tracking system

“It can be run on a windows operated mobile phone to identify exact location of the trouble prone areas in dense forests,” GIPL CEO Vijay Sharma said

A software-based system for smart phone enabled surveillance and tracking has been developed by the state-run Gujarat Info Petro which will find diverse applications in sectors like forest and agriculture.
 
This system will be of great help in conservation of endangered species of Asiatic lions in Gir and other flora and fauna found in forests of Gujarat.

"We have developed a unique MIS system on GIS base for surveillance and tracking. It can be run on a windows-operated mobile phone to identify exact location of the trouble prone areas in dense forests," GIPL CEO Vijay Sharma said. "The system which updates the server over the air (OTR), eradicates the need for physical filing of data on a computer, and can also conduct digital surveys of the agricultural fields," he said.

Management Information System (MIS), till now has been confined to laptop and desktop usage. It is widely used by the industry as an ERP solution, for effectively managing the organisations. Superimposing, MIS data on Geographic Information System (GIS), for quick referencing had been a challenge so far for the ICT sector.

"A forest beat guard armed with such a software-driven mobile phone can help check acts of poaching, fire, tree cutting, encroachments on forest land, by clicking a picture of the site and sending it through SMS to the server," he said. "The moment a picture (with the location, longitude and latitude) lands on the server an alert is generated to the concerned person and rescue teams can be rushed to the exact spot in very short time," Mr Sharma said, explaining how the system operates. "Using the GPS feature the location of forest beat guard can also be tracked, through PDA (smart phone) based mobile surveillance system, so that the forest department can keep an eye on whether they are performing their duties or not," Mr Sharma said.

GIPL, is a wholly owned subsidiary of the state run Gujarat State Petroleum Corporation (GSPC). The company has developed the technology for Gujarat Forest Department. The company is in the process of developing a system based on similar technology for the Gujarat Seed Certificate Corporation that would help in conducting surveys of the agricultural fields.

"We are developing a system for the state Seed Certificate Corporation that would help in surveying the field area and also help estimate its potential yield," Mr Sharma said.

The project has been supported by the Gujarat's Forest Department.

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CRISIL’s annual net profit at Rs186.51 crore in FY11

CRISIL posted a net profit of Rs50.56 crore for the quarter ended 31 December 2011 as compared to Rs45.72 crore for the quarter ended 31 December 2010.

Ratings agency CRISIL has announced its results for the quarter and year ended 31 December 2011. The company has posted a net profit of Rs50.56 crore for the quarter ended 31 December 2011 as compared to Rs45.72 crore for the quarter ended 31 December 2010. Total Income has increased from Rs151.07 crore for the quarter ended 31 December 2010 to Rs185.90 crore for the quarter ended 31 December 2011.

The company has posted a net profit of Rs186.51 crore for the year ended 31 December 2011 as compared to Rs195.75 crore for the year ended 31 December 2010. Total Income has increased from Rs602.33 crore for the year ended 31 December 2010 to Rs682.17 crore for the year ended 31 December 2011.

The directors have recommended payment of final dividend of Rs2.75 per share. During the year, CRISIL returned Rs157.09 crore to shareholders through a dividend payout of Rs77.82 crore and a share buyback of Rs79.27 crore. CRISIL also sub-divided its equity shares, from a nominal value of Rs10 per share to Re1 per share.

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Essar Oil reports revenues of Rs13,897 crore for Q3 FY11-12

Essar Oil registered a net loss of Rs3,986 crore in Q3 FY11-12 on account of an exceptional debit of Rs4,015 crore

Essar Oil reported revenues of Rs13,897 crore in the quarter ended 31 December 2011, compared to Rs13,809 crore in Q3 FY10-11. Its quarterly EBITDA was at Rs490 crore compared to Rs827 crore in the corresponding period last fiscal. The company registered a net loss of Rs3,986 crore in Q3 FY11-12, on account of an exceptional debit of Rs4,015 crore towards reversal of sales tax deferral income accounted during May 2008 to December 2011 pending decision on its review petition in the Supreme Court, compared to net profit of Rs273 crore in Q3 of the last fiscal.

Revenues for nine months ended 31 December 2011 was Rs44,180 crore, compared to Rs38,273 crore for the nine months ended 31 December 2010.

LK Gupta, Essar Oil's CEO and managing director said, "Our single-minded focus is on completing the Phase I expansion and optimisation projects at the Vadinar refinery by March 2012 and September 2012, respectively. This will unlock substantial value for our shareholders by way of gross refinery margins and higher EBITDA and better cash flows."

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