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BW Businessworld

KPMG India Appoints Vikram Hosangady As PE Head

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Vikram Hosangady has been appointed as head of Private Equity at KMPG India, succeeding Vikram Uttam Singh. Vikram Hosangady will also continue to head the transaction services practice, where he holds the merit of working on over 150 transactions in India and overseas. 

Vikram Hosangady on his appointment said, “The Private Equity business in India has fared through rough winds in the past couple of years, and is now seeing a churn in the industry. KPMG's Private equity practice is the largest focused Private Equity practice in India and it is a matter of great pride to lead a dedicated team of experienced partners during these exciting times. I earnestly look forward to invest further in our people and clients and lead the Private Equity KPMG practice in India and progress to the next level – where we plan to serve our PE clients by adding value to their investee companies.”

Tata Comm Extends MNOs To Support Mobile Industry Migration To 4G
Tata Communications, a leading provider of A New World of Communications, announced the expansion of its managed services for mobile network operators (MNOs) looking to grow their mobile broadband offering as 4G continues to gather pace globally.

Tata Communications is supporting MNOs around the globe with one of the industry’s widest reaching service offerings for mobile broadband enablement. Building on its extensive portfolio of mobile services, including IPX+ connectivity, voice, messaging, and signalling, the company has introduced two new solutions – the Virtual Private Roaming Hub which consolidates roaming operations and the LTE Roaming Service to streamline roaming for 4G networks. Tata Communications is also launching the Managed SMS Firewall to protect MNOs and consumers against mobile spam.

Audi Sells 737 Cars In January 2013 In India
Audi, the German luxury car manufacturer, started the year 2013 grossing sales of 737 cars in January 2013 and 667 cars in 2012. The luxury carmaker recorded a 10.5 per cent growth year-on-year.

Michael Perschke, Head, Audi India, said "Following our record-breaking performance in 2012, we have set a target of 10800 cars (over 20 per cent Vs 2012) to be sold this year and have already opened our sales books with a bang.

Our sale of 737 cars in January signifies our growing appeal amidst the luxury car customers. This was possible despite the price hike on our India model range starting January this year.

Leading the growth for Audi in India are the Audi Q3, new Audi Q5 and Audi Q7. The strengthened 'A' range of limousines with the Audi A8 L, Audi A6, and Audi A7 Sportback are also in the spotlight. The new Audi A4 with its progressive design, efficient driving dynamics and class defining interiors is doing exceptionally well with the younger audience. Audi continues to dominate the sports car segment with its Audi R8, Audi R8 Spyder, Audi RS5 and Audi S4.

Continuing its trend from last year, Audi bagged eight prestigious automobile awards in 2012-2013.  The Audi Q3 made its mark in the compact luxury SUV segment garnering top honours with five awards.

Epicor Appoints New Regional Vice President for Middle East, Africa, India & Turkey
Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, announced the appointment of Paul Hammond as regional vice president for Middle East, Africa, India and Turkey. Hammond, who is based at the regional headquarters in Dubai, UAE, will lead business operations and expansion across the region.

With more than two decades of experience in the regional software industry, Hammond has worked with leading enterprise software companies across the region. Prior to joining the Epicor senior management team, Hammond was head of the volume business for the entire Middle East and North Africa for SAP Middle East. Added to this, he has held key positions at Infor, Software AG and Symantec across various countries in EMEA and North America.