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BUSINESS
MANAGEMENT
Software major Wipro today said that it has won an IT infrastructure
transformation contract from the Sweden headquartered ASSA ABLOY Group, that
offers door opening solutions.
Under the five-year agreement, Wipro will consolidate ASSA ABLOY’s
existing data centres in the EMEA region and implement a cloud-based service
model, Wipro said.
The model includes IaaS (Infrastructure as a Service) and PaaS
(Platform as a Service).
The deployment will leverage Wipro’s Boundary Less Data Center offering
and provide a full suite of IT infrastructure management services to ASSA
ABLOY’s global organisation, Wipro said in a statement here.
This solution will bring in a high level of agility, and a
consumption-based IT service model powered by an user-friendly service
catalogue, Wipro said in a statement.
The goal of the IT engagement is to improve the efficiency of the
company’s data center services by moving them into Wipro’s Boundary Less Data
Center (BLDC) offering and establishing a global delivery model through Wipro’s
ServiceNXT, the company’s integrated Managed Services framework, the statement said.
ASSA ABLOY with 44,000 employees is present in more than 70 countries
and has a market leading position in areas such as mechanical and
electromechanical locking, access control, identification technology, entrance
automation and hotel security, according to the Group.
INDIA BUSINESS
Toyota Motor Corp will start talks this week with
its affiliate Daihatsu Motor to build and sell small cars in India, where it
has so far struggled to crack the cheaper end of the market. The Japanese
carmaker aims to double its share of India's passenger vehicle market to 10
percent by 2025 and Daihatsu's small cars will be key to achieving this goal, a
company executive said. The launch of Daihatsu cars in India could help Toyota
increase its share of the entry-level, no-frills car sector, that accounts for
about two-thirds of total sales in the country and is dominated by rivals such
as Maruti Suzuki , Hyundai and Honda . "To fight in the small car
market we need more support from Daihatsu ... Toyota by ourselves cannot
develop it," Kyoichi Tanada, Toyota's CEO of Asia, the Middle East and
North Africa told Reuters in an interview. The comments by the world's biggest
carmaker are a tacit admission that it has failed to win over India's
cost-conscious car buyers more than two decades after it started selling cars
in Asia's third-largest economy.
ODISHA BUSINESS
Odisha has invited top Israeli companies to invest in the
state in a number of areas, particularly in the field of technology and
innovation.
A large business delegation led by state's Minister of Industries Debi Prasad Mishra reached out to leading Israeli businesses seeking collaboration in areas of joint interest during the three-day visit to the country.
"The state government has recently promulgated the Industrial Policy 2015 which creates a conducive environment through a regulatory framework to drive sustainable industrial growth", Mishra told senior executives of leading Israeli businesses at a seminar, "New Business Opportunities in Odisha".
"Odisha has become one of the top three preferred destinations for investment in the country and aspires to be a leader as far as measures to ease doing business is concerned," Mishra, who is also Minister of School and Mass Education, told PTI.
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) is said to have identified Maharashtra, Gujarat and Odisha as the top three preferred destinations for potential investors.
A large business delegation led by state's Minister of Industries Debi Prasad Mishra reached out to leading Israeli businesses seeking collaboration in areas of joint interest during the three-day visit to the country.
"The state government has recently promulgated the Industrial Policy 2015 which creates a conducive environment through a regulatory framework to drive sustainable industrial growth", Mishra told senior executives of leading Israeli businesses at a seminar, "New Business Opportunities in Odisha".
"Odisha has become one of the top three preferred destinations for investment in the country and aspires to be a leader as far as measures to ease doing business is concerned," Mishra, who is also Minister of School and Mass Education, told PTI.
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) is said to have identified Maharashtra, Gujarat and Odisha as the top three preferred destinations for potential investors.
RETAIL
Samsung may join
Apple in applying for a singlebrand retail
licence as the South Korean electronics giant looks to strengthen its
presence in a crucial market, said executives aware of the matter.
Chinese
smartphone maker Oppo,
a relatively new entrant, confirmed its intent to apply for a direct presence
in India, which eased foreign direct investment rules for single-brand
retail in November. Chinese smartphone makers Xiaomi and Gionee are also
keen on such a move. ET reported last month that Apple had filed for a
single-brand retail licence.
Samsung
executives said the company was looking at "opportunities" stemming
from the policy but a final decision hadn't been taken. There was no response
to questions emailed to Samsung, which has 1.5 lakh points of sale in the
country.
Oppo,
the fifth-largest smartphone player in China, plans to set up 35,000 outlets by
2016-end in India, including exclusive and franchise stores. Such a licence
"will bring best brand image and service to local customers," said
Sky Li, global vice president for the international mobile business, affirming
the company's direct retail plans. He didn't say how many stores it would open
on its own.
India
eased foreign direct investment ( FDI) rules for
single-brand retailing in November. It relaxed mandatory local procurement
conditions for high-tech companies and allowed single-brand licence holders to
sell their products directly online. The South Asian nation's fast-growing
market, which surpassed the US to become the world's second largest with 220
million active unique smartphone users in 2015, saw several Chinese brands
entering last year. More are expected to come this year.
_____________________________________________________________
Source of
Information for this issue: Google alert accessed on Feb 8, 2016
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Compilation
Sabita Sahu
Sabita Sahu
Asst Librarian
Information and
Documentation Division, Chanakya Central Library
Asian School of
Business Management
Shiksha Vihar Bhola,
Barang Khurda Road,
Chandaka
Bhubaneswar-754012
Tel:0674-2374832, 2374833
E-mail:library@asbm.ac.in, 
Sabita Sahu, Asst Librarian, Knowledge and Information Services Unit, Chanakya Central Library, Asian School of Business Management, Bhubaneswar. library@asbm.ac.in ; www.asbm.ac.in
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