New Delhi, October 8, 2010: Olive Telecom, India’s leading convergence device developer hasbeen conferred the “CXO Best Innovation of the year Award 2010” by the country’s leading channel Bloomberg UTV at the 'CXO Awards 2010 - The IT Chapter. The award was received in the presence of ShriSalmanKhurshid, Honorable Minister of Corporate Affairs, who graced the occasion and presented the key note address. The awards night saw an audience comprising the country's thought leaders, policy makers, IT and ITeS leaders, economists and experts.
Olive received the award for its innovative device OlivePad V-T100. Being India’s first 3.5 G Tablet this latest creation from Olive has brought revolution in the field of technology with its magical features and stylish looks. The OlivePad offers Smartphone options, Live TV, Cameras, eBook reader, Browsing, Social Networking, Complete Multi-media, Android Marketplace for access to over 70k Apps and the Map My India application.
On receiving the trophy at the award function organized by CXO UTV Bloomberg, Arun Khanna, Chairman, Olive Telecom said, “We are really pleased to receive this award and that our constant efforts to bring about innovative technology and devices have been acknowledged across the Industry. Our constant endeavor has been to bring technological innovations to the country for Indians to stay ahead of the curve. We at Olive are committed to bring more innovative products for Indian and global consumers. Our R&D Labs are working hard to ensure that the entire world starts acknowledging India as a technology hub for next generation devices.”
After the successful launch of many Industry firsts including the OliveFrvrOn (India’s 1stHybrid Phone), OliveZipbook (India’s 1st 3G embedded Netbook), OliveWiz (India’s 1stTriple SIM Qwerty device), OliveGenie (India’s 1st 3G Music Modem) &OLiveNexus (India’s 1stPocket Router) Olive has brought brings India to the forefront of convergence technology with the OlivePad.
About CXO Awards
Since 1992, the stellar rise of the Indian Information Technology sector has been well documented. Companies in this sector have been consistently delivering a CAGR of over 30 percent which has made this a $50 Billion industry, firmly putting India on the travel plan of every Fortune 500 CEO.
The Industry owes its current position to a few recognized champions as well as those waiting in the wings for their rightful due. It is to honor both of these, whose vision and determination has made the IT industry what it is today.
The awards are based on compelling parameters, which recognize and applaud the efforts of recognized leaders as well as the rising stars from not only the Indian IT industry, but also from the Asia-pacific Region.
About BloombergUTV
Bloomberg UTV, India's premiere Business news channel is a strategic partnership between Bloomberg L.P., the global leader in business information, and the promoters (founders) of UTV, India's leading integrated media and entertainment enterprise.
The channel's positioned as an enabler that cuts out the terminology and presents the honest truth. It ushers in the investment culture to a whole new class of Indian growth aspirants that have somewhat been aliented with the erstwhile genre offering. Powered with thought leadership across markets, news and path breaking features, BloombergUTV aims to lead this attitudinal shift where the intimidating numbers will give way to usable knowledge and clarity and aptly create a business news delivery format that's blunt and sharp.
