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BW Businessworld

Spice To Launch Flagship Products On Flipkart

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Spice Retail Limited, India’s leading mobile internet company, has joined hands with Flipkart, India’s largest e-commerce marketplace, wherein select Flagship smartphones from Spice will be made exclusively available on the e-commerce major’s portal for launch.

Some of the Flagship products will be available starting mid-September and Flipkart is looking forward to selling 100,000 smartphones in the initial few days. Spice has identified key products that it intends to launch through Flipkart and is looking at an exclusive online store on Flipkart’s portal. This will include a dedicated store on flipkart for Spice products that will allow its customers to choose from a variety of offerings.

Spice aims to capture 10 per cent market share of the overall online sales for smartphones. Flipkart has established itself as the leading e-commerce platform in the Indian market and enjoys major share of mobile category sales amongst all e-commerce portals and treats Spice as an invaluable global player.

Way2SMS Founder Launches 'LearnSocial'
Following an inspiring success with his maiden business enterprise Way2SMS, serial entrepreneur Raju Vanapala has ventured ahead to tap the potential of online learning. Vanpala’s latest venture, LearnSocial, is on a mission to build a global marketplace for Instructor-led Online Learning. Unlike going into traditional online education or the new generation of Massive Open Online Course (MOOC) platform, LearnSocial offers Live Instructor-led online courses on wide range of topics including Technology, Languages, Business Management, Robotics and many others.

With a team size of 50, LearnSocial identifies industry relevant courses for college fresher/s, mid-career professionals, senior professionals; and also partners with passionate Industry experts. LearnSocial intends to transform Online Learning experience through highly engaging techniques for an exceptional learning experience. LearnSocial captures each lecture to ensure the best teachings are accessible forever.

Commenting on the launch Raju Vanapala, Founder & CEO, LearnSocial said, “Delivering the best with same level of excellence, irrespective of the geographical location, is what we believe in. Hence, unlike others, our instructors are not traditional professors. They are hand-picked, highly experienced and passionate people working with large corporate firms across sectors.”

HCL Infosystems appoints Premkumar Seshadri as Executive Vice-Chairman
HCL Infosystems Ltd., India’s premier Distribution, IT Services and Solutions Company, on Wednesday (10 September) announced the appointment of Premkumar Seshadri as Executive Vice Chairman of the Company. Premkumar has been serving as a non-executive director on the HCL Infosystems board since March 2014. 

Announcing the appointment, Nikhil Sinha, Chairman of the Board of HCL Infosystems Ltd. said, “Prem is a senior HCL Leader with deep expertise and experience in the IT industry. I’m confident he will add great value to the long-term strategic growth plans of HCL Infosystems and further strengthen the Company’s management depth during this period of transformation for the Company.”

Commenting on his new role, Premkumar said, “My earlier stints at HCL were truly exciting and fulfilling and I am excited to be back in the Group as Executive Vice Chairman of HCL Infosystems. The Company is going through an important transformation of its business as it repositions itself for the next stage of growth. I look forward to working with the board and the executive team to help guide the Company to scale greater heights in the future.” 

Wego.com’s Free Travel App
Wego.com, the leading travel search site in the Asia Pacific and Middle East, has released a free simple and effective travel app for android and iOS. As a convenient extension of the popular travel search platform, the app instantly provides mobile users with hundreds of airfare options and hotel rates in 20 languages.

Wego simplifies the uneven world of online travel options by gathering all available airfares and hotel rates on one app to provide travellers with unbiased and channel neutral prices in real time from local and international hotels, airlines and online travel providers.

“Today's travellers are more mobile than ever and with 110 million smartphone users in India alone, it was imperative that Wego provide a smart and intuitive app to meet the needs of mobile users,” said Jackson Fernandez, Managing Director of Wego India. “The app allows travellers to search hundreds of travel sites in one place which also makes it perfect for last minute travel requirements.”

Paytm ‘The Great Giveaway’ Offer
Paytm, India’s largest mobile commerce platform, on Wednesday announced its ‘The Great Paytm Giveaway’ offer for its marketplace customers. Shoppers can get a chance to win iPhones, iPads, cash back vouchers and more gifts.

Paytm is also offering flat 50 per cent off on shopping across categories including fashion accessories and apparels, home décor and furnishings, kitchen appliances and utilities, electronics, sports & fitness, books.

The offer is valid only for 11th September 2014 and is applicable on all the purchases done throughout the day. With the starting of festive season Paytm patrons can expect more such incredible offers in the coming days.

New Joinees In TCS
TCS is steadily increasing its market share and the volume of its business. Its global business has also been increasing. Shri Sudarshan Venu as Whole-time Director of the Company has been actively participating in the activities of the Company and has considerably increased his engagement in and contribution to the progress of the Company. Under the circumstances, the board of directors of the Company has appointed Shri Sudarshan Venu as its Joint Managing Director.

In order to strengthen the board further, Dr Lakshmi Venu is also appointed as an additional Non-Executive Director of the Company.

These appointments are effective from 10th September 2014.

Shri Sudarshan Venu will be functioning under the advice and guidance of Shri Venu Srinivasan, the Chairman and Managing Director of the Company. Dr Lakshmi Venu will serve as the woman director on the Board in compliance with the provisions of Companies Act and the Listing Agreement.

Carl’s Jr. Targets India’s Young & Hungry
California-based burger chain Carl’s Jr., recognized for offering authentic American and premium-quality charbroiled burgers and freshly prepared, flavorful menu items is coming to India. CKE Restaurants Holdings, Inc., (“CKE”), parent company of Carl’s Jr., with system wide sales of over $4 billion , on Wednesday signed a development agreement with India’s Cybiz BrightStar Restaurants Private Limited, owned by CybizCorp. The initial agreement is for up to 100 Carl’s Jr. premium burger restaurants and CKE believes there is potential for more than 1,000 restaurants in India over time.

“We have been preparing for an entry in India for more than three years, and after substantial due diligence we decided to sign CybizCorp as our franchise partner in the country,” said Ned Lyerly, President of International at CKE Restaurants.

Array Networks In Strategic Tie-Up With NxtGen
Array Networks Inc., a global leader in application delivery networking, and NxtGen, an emerging leader in data center and cloud-based services, today announced their strategic partnership to help customers get increased application availability and security using Array's Application Delivering Controllers and Secure Access Gateways.

Array's association with NxtGen, provides advanced network application services out of its state of art cloud services infrastructure, positioning NxtGen at the forefront of the emerging cloud services trend in India. NxtGen will provide the value added network application services to enterprises complementing its managed services. Some of the advanced services planned are Load Balancing as a service, DR as a service, SSL VPN remote access as a service, SSL Offloading as a service. All of this will assist NxtGen in offering high availability and industry leading SLA's with utmost security.

A S Raj Gopal, Managing Director & CEO, NxtGen Datacenter & Cloud Technologies said, "Enterprises are going digital, cloud platform accelerates the enterprise digital initiatives. Most of our clients demand application availability and hi-performance, with uninterrupted infrastructure services. With Array Networks we are able to offer services across multiple platforms, across geographies, increasing application availability, performance and security for our customers."

KPMG Announces Exit Of Deputy CEO, Dinesh Kanabar
Dinesh Kanabar, Deputy CEO, KPMG India, said, “I have had a fruitful and fulfilling innings at KPMG India and was fortunate to be a part of a dynamic team. However, it is time for me to make time for myself and my family. I will be moving out to start my own venture and I wish KPMG and its people, who I admire greatly, every success“

Dinesh was Deputy CEO with KPMG India for over 4 years. 

Richard Rekhy, CEO, KPMG in India said, “We have had a wonderful association with Dinesh and wish him luck. His guidance, leadership and expertise have been instrumental to our success. Dinesh helped rejuvenate the Tax practice and the Markets function in KPMG India. Dinesh is also a dear friend who I could always count on. Dinesh’s contributions to KPMG have been significant and we wish him all the best as he embarks on his new journey as an entrepreneur.”