Companies

Hitachi acquires Ignify

Hitachi Solutions India-a subsidiary of Hitachi Solutions America-on Tuesday announced that it has acquired Ignify, a firm specialised in Microsoft Dynamics industry solutions, for an undisclosed sum. The acquisition is aimed at enhancing Hitachi Solutions global delivery capabilities with the addition of more than 450  workforce from Ignify, globally. Ignify in India has centres in …

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Beer brand Bira91 raises $6 mn from Sequoia, Zomato and Snapdeal founders

Indian craft beer company B9 Beverages has raised $6 million in Series A round of funding. Investors include Sequioa Capital, Snapdeal founders Rohit Bansal and Kunal Bahl, Ashish Dhawan from Chrys Capital and Zomato co-founder Deepinder Goyal. “Bira91 is a cool ‘Indian’ brand. We are excited about backing the challenger in a large category with …

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DSK Group to be new owner of Pune football team in I-League

With the Kalyani Group abandoning its football ambitions by shutting their Bharat FC first-team operations and Pune FC exiting the I-League, Pune will now have a new football team with DSK Group as its owners. DSK Shivajians will make its debut on January 17 at Sporting Club de Goa. The DSK Group is also set …

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Bridging the public-private divide

Given how the government is strapped for cash the private sector needs to play a big role in the build-out of India’s infrastructure, expected to cost a trillion dollars, at the very least. A PPP model—public private partnership—is ideal to roll out infra projects since the government can facilitate both the acquisition of land as …

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Implementation is the key

The Kelkar committee recommends responses to key institutional, financial and regulatory challenges across the PPP project cycle. Whilst the report is timely and action oriented, it is important that we continue to look forward on how to drive the recommendations and pre-empt some of the impediments. Widening of the financing pool is the need of …

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L&T, BHEL stare at lacklustre Q3

With order flows likely to remain subdued and major triggers absent, analysts foresee a tepid December quarter Read More

New home launches fall by 14% in Delhi-NCR during 2015

Launches of new homes fell by 14 per cent in the Delhi-NCR market during last year to nearly 23,000 units due to slowdown in demand, according to Cushman & Wakefield. The launches of new homes fell from 26,802 units in 2014 to 22,979 flats in 2015. Half of the total new launches in 2015 were …

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Madison names Anita Bose as COO

Madison Media has appointed Anita Bose as Chief Operating Officer, Madison Media Plus, based in Delhi. With a media experience of over 20 years, Bose has spent 13 years at WPP Media and Group M agenc… Read More

LG unveils inverter compressor-powered single door refrigerator

LG Electronics India on Tuesday launched its single door refrigerator with smart inverter compressor technology as part of its commitment towards introducing products backed by Indian consumer insigh… Read More