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India News on September 10, 2013

KPIT Adopts New Brand and Visual Identity
KPIT (BSE: 532400, NSE: KPIT), one of the fastest growing IT consulting and product engineering solutions and services providers to automotive & transportation, manufacturing, and energy & utilities corporations, today unveiled its new brand and visual identity with a new logo and name Business Wire India

Toshiba to Acquire T&D Business from Vijai Electricals Ltd., a Major Indian Manufacturer
Toshiba Corporation and Vijai Electricals Ltd. (Vijai), one of India’s leading manufacturers of power and distribution transformers, today announced that they have agreed to Toshiba’s acquisition of the major part of Vijai’s electricity transmission and distribution (T&D) business for approximately US$200 million Business Wire India

IBM Helps Manthan Broadband Services Transform Customer Experience and Drive New Revenue Growth Opportunities
Ten-year engagement will modernize Manthan’s IT infrastructure and provide smarter service to its 12 million viewers across Eastern India IBM (NYSE:IBM) today announced a strategic ten year deal with Manthan Broadband Services Pvt. Ltd Business Wire India

The Hive India Launches Operations to Focus on Data Driven Startups
The Hive India today announced the launch of its operations that will be based out of Mumbai and Bangalore. The organization, which will be co-founded by Amit and Arihant Patni, will fund and launch data-driven businesses that cater to the global market Business Wire India

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