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Business News 2012
Business News->
India's Ybrant Digital to buy US$283 million business from Experian
Suresh Redyy, Co-Founder of Ybrant DigitalYbrant Digital, India's leading global digital marketing company announced today that it has entered into an agreement to purchase PriceGrabber, LowerMyBills, and ClassesUSA.com from the global information services company Experian for US$283 million (INR 1500 crores). This will add over 300 employees to Ybrant's business and nearly double its current revenues. right arrow read more


Asian entrepreneur launches 'Battle of the Start-ups', 22nd May 2012
Sramana MitraUS-based Asian entrepreneur Sramana Mitra, A&N Media and Britain's TechHub have teamed up to launch 'Battle Of The Start-Ups' on 22nd May 2012 in London to help stimulate entrepreneurship in the UK. The most innovative and promising companies will be awarded a one-year scholarship to the 1M/1M education and incubation program for entrepreneurs. Those wishing to pitch have until 7th May 2012 to apply. right arrow read more
204 Connect network launches with India-based theme
Bhavit Mehta, Co-founder of the DSC South Asian Literature Festival and Lopa Patel204 Connect, a new business network, was launched on 26th April 2012 at the Luton Hoo Hotel in Hertfordshire, with 'Doing Business with India' as its theme. Supported by HSBC and the Land Rover Experience (based on the Luton Hoo Estate), the launch was attended by senior executives from the bank, local businesses and Indian companies. Rita Hunt gave the Confederation of Indian Industries' (CII) welcome address to the new group. right arrow read more
European Centre for Asian Business Research established
Uday Dholakia, Chair of the National Asian Business Association The National Asian Business Association, formed in 2011 to build a national voice for Asian business in the UK, has launched its European Centre for Asian Business Research (EC-ABR) for the UK's 50,000 Asian & BME owned businesses in England that contribute £6.5 billion to the national turnover. Asian business owners have expressed concern that they seem to be side-lined by policy makers in the public and private sector. right arrow read more
India Inc launches 'Power People: UK India Rainmakers'
Anand Mahindra to be a judge on the 'Power People: UK India Rainmakers' Top 100 listIndia Inc has opened its 'Power People: UK India Rainmakers' Top 100 list for nominations. The aim is to recognise and celebrate the contribution being made by individuals in the UK who have continued to enhance the UK-India business relationship. Last year alone saw UK-India bilateral trade grow by 20% bringing the total to £13 billion. right arrow read more
Asian entrepreneurs storm the Real Business Hot 100 list
Dr Rami Ranger MBE FRSAAsian entrepreneurs have stormed Real Business magazine's Hot 100 list of high-performance companies published on 5th April 2012. Topping the list is Rajiv Bhatia's Alternergy whose solar firmaments company has seen a 130% four-year compound sales growth to reach a £20 million turnover. Dr Rami Ranger's Sun Mark Ltd - which retails British food brands overseas - attained the number 50 slot with a turnover of £109 million. right arrow read more
RationalFX celebrates its 7th year in business
Rajesh Agrawal with Tasmin Lucia-KhanRajesh Agrawal, Founder Chairman & CEO and Sales Director and Co-Founder Paresh Davdra of Rational FX invited 150 guests, to a reception at The Mayfair Hotel in London on Thursday 22nd March 2012 to celebrate the seventh year of their business. RationalFX is one of the UK's fastest growing foreign exchange companies with transfers in excess of $2Billion. right arrow read more
Komli Media Acquires Admax, South East Asia's Premier Media Network
Prashant MehtaKomli Media, Asia Pacific's leading media technology company, today announced its acquisition of Admax Network, South East Asia's largest digital media network.. The online advertising market in South East Asia is estimated to be worth approximately US$ 250 - 300 million, and growing at 30-40% per year. right arrow read more
MITIE launches £10 million fund to back entrepreneurial start-ups
Ruby McGregor-Smith, CEO of MITIE plcMITIE plc, the FTSE 250 listed strategic outsourcing and energy services company, has announced its intention to back entrepreneurial start-ups in facilities management, energy and property sectors with a £10 million fund, Executive Board Director and back office support. The company is to host a 'MITIE Millions' "Dragons Den" style pitching event on 28th May 2012 in London. Closing date for applications is 30th April. right arrow read more
Bloomsbury Publishing to set up in India
Book readerBloomsbury today (14th February 2012) announced that it is setting up a new business in India to take advantage of the country's rapidly increasing population where 50 million buy English books every year. It believes that India is an excellent market for its diverse product range. right arrow read more
Foreign Direct Investment (FDI) in India up 25% in 2011
Indian flagForeign investors see India as an attractive investment option according to Ernst & Young’s 2012 Indian Attractiveness Survey. The overall number of FDI projects increased by 25% to 864 (valued at US$ 50,813 million) in the 11 months to November, up from 691 projects (at US$ 44,874 million) in 2010. right arrow read more
Top Mega Trends in India to 2020
Sarwant SinghIndia will be at the core of global business and commercial activity with projections for the largest working-age and youngest population in 2020. India will also be home to 864 million middle class households by then, which will spur demand for white goods This is just one of the mega trends predicted in a web briefing session by Frost & Sullivan, hosted by Sarwant Singh. right arrow read more
UK BUSINESS NEWS 2012

India's Ybrant Digital to buy US$283 million business from Experian (05/12)
Asian entrepreneur launches 'Battle of the Start-ups' (05/12)
204 Connect network launches with India-based theme (04/12)
European Centre for Asian Business Research established (04/12)
India Inc launches 'Power People: UK India Rainmakers' (04/12)
Piramal Healtcare acquires molecular imaging development portfolio of Bayer Pharma (04/12)
Abdul Kalam inaugurates Mahindra Research Facility (04/12)
Asian entrepreneurs storm the Real Business Hot 100 list (04/12)
Tradenext launches in London (03/12)
RationalFX celebrates its 7th year in business (03/12)
Komli Media Acquires Admax, South East Asia's Premier Media Network (03/12)
MITIE launches £10 million fund to back entrepreneurial start-ups (02/12)
Indian firm looks set to snap up stricken Peacocks business (02/12)
Bloomsbury Publishing to set up in India (02/12)
Analjit Singh becomes Chairman of Vodafone India (02/12)
Foreign Direct Investment (FDI) in India up 25% in 2011 (01/12)
Landmark decision in India gives foreign investors greater tax certainty (01/12)
Top Mega Trends in India to 2020 (01/12)

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