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PTI Israel's leading hotel chain, Dan Hotels, is set to venture into India by opening its property in Bengaluru in July, its first overseas facility outside the Middle East. "If all goes well and regulatory requirements are met quickly, the hotel will be operational in July," a senior executive at Dan told PTI. The 230-room luxury hotel is coming up close to Bengaluru's high-tech park and will have easy access to it. "We chose Bengaluru because it presents us with a good opportunity given that so many Israeli tech companies have a presence in the city," the official said, adding that the hotel chain would look to explore further opportunities in other Indian cities in the future. ...

The Dollar Business Bureau Boeing, a leading player in the global aerospace industry, launched the Boeing India Engineering & Technology Centre in Bengaluru on 24-01-2017. The company mentioned that the new undertaking shall boost local employment and support many of its operations such as information technology and data analytics, engineering, research and technology. The precise employment projections and investment figures haven't been disclosed. "The centre will leverage a talented pool of employees to increase productivity and long-term competitiveness to support Boeings engineering growth in strong global markets like India," Boeing India president Pratyush Kumar said. In India we see a true path towards a mutual partnership for success, and the launch of this centre is a major step in that direction, he added. In India, Boeing has had a presence ...

Anishaa Kumar Dubai-headquartered KEF Holdings has opened the doors to KEF Infra One in Krishnagiri. Founded in 2014 by industrialist Faizal E Kottikollon, with an aim to revolutionise the infrastructure sector, KEF Infra One is an initiative by the four-year-old Bangalore-based KEF Infra, a subsidy of KEF Holdings. Located in Krishnagiri, Tamilnadu, this newly launched 42-acres, off-site manufacturing site has 10 units under one roof including units for precast, prefabricated bathrooms, modular rooms and modular MEP, a joinery, glazing and a stone processing unit. Dubbing this innovative set up to be the “Forefront to Industry 4.0”, through the facility, KEF hopes to speed up conventional building methods by almost 50% at the automated unit by employing robotics, computer aided design and computer ...

PTI Candor Management Services today announced that it has signed a definitive agreement with Bangalore Metro Rail Corporation to set up a new business incubation centre at the 'Namma Metro' Trinity Station.Branded "candorHUB", the centre will nurture startups in bringing their innovations to market efficiently, providing them with an array of startups advisory, business support, co-working space and structured training programs, Candor said.It would extend much needed linkages with industry sponsors, mentors, investors, and accelerators, the company said in a statement here."We will extend full support to Candor in setting up their new business incubation centre at Trinity metro station," said U A Vasanth Rao, General Manager Finance (Taxation & Resources), Bangalore Metro Rail Corporation Limited."By spurring creativity and mitigating avoidable ...

Sharath Chowdary India stands second in the global taxi service market. This was revealed by Uber Asia Head of Business, Eric Alexander, when speaking to the media at an event organised in Hyderabad on Thursday. “The country ranks second, next only to China, in the international cab service market. Compared to other countries, we see faster growth in India. That is why we are investing heavily in this country,” he said speaking to The Dollar Business Bureau. Last year, Uber had committed to invest $1 billion for expansion in India. This year in February, it opened a Centre of Excellence (CoE) in Hyderabad as a part of its commitment to invest $50 million in Telangana. In March, the company has inaugurated an Engineering Centre ...

PTI One of Israel's oldest and prestigious hotel chains Dan Hotels is set to venture into India with its first overseas facility coming up in Bengaluru. "The construction of the 230-rooms hotel is underway and we hope to inaugurate it in about 10-12 months. Bengaluru offers us with a good potential for business given the presence of several Israeli hi-tech companies. We would also explore opportunities in other Indian cities after starting our operations in Bangalore," CEO of Dan Hotels Raffi Sadeh told PTI. The top-tier Bengaluru hotel will be the first facility of the renowned chain outside Israel even though it maintains a marketing and sales office in New York. "We have been extended every possible cooperation from the Indian government and local ...

The Dollar Business Bureau Multi-modal logistics and supply chain service providing company Om Logistics Ltd., inaugurated its new warehouse in Narsapura, Bangalore on June 15, 2015. Equipped with all modern facilities and connected with major hubs of Om Logistics Ltd., pan India, the 32,000 Sq. Ft. warehouse will ensure timely deliveries to all parts of India. With ample parking space, dedicated Om professionals & fleets, the warehouse fulfills all industry standards. The warehouse is located three km away from the production hub of newly developed Narsapura (Kolar Dist, 60 km Away from Bangalore) Industrial Area. “Improving service to our customers is a top priority,” said, CMD Ajay Singhal, Om Logistics Ltd. "The convenient location of our warehouse will allow us to do ...

Interview by Vanita Peter D’souza | The Dollar Business The Dollar Business (TDB): What kind of support did you get from the Government to set up operations in India? Tarak Bhattacharya (TB): I have travelled throughout the world and started stores across the globe. Setting up business in India is difficult. There are lot of norms, procedures and permissions to be obtained for starting operations from city to city. But it was not that difficult too as we had our consultant in place and they really did a good job. They made us realize that how we have to work with the government. So, overall, initially it was tough but we had to learn. We are doing pretty good ...