Industry News

Reliance Communications Ltd's chief executive Vinod Sawhny has stepped down, the company informed the Bombay Stock Exchange on Saturday. The announcement comes two weeks after RCom announced the merger of its wireless business with Aircel Ltd.. The company, in the statement addressed to BSE, cited Sawhny's personal reasons for the step."/>
BRIEF: Reliance Communications' CEO Vinod Sawhny steps down [Mint, New Delhi]
Zayo Group, a fast-growing rising star in the race to build powerful broadband networks in the U.S. and abroad, has come under fire from its external auditors for failing to ensure its internal controls are adequate to generate sound financial reports. The warning from KPMG, which appeared in Zayo's annual report dated Aug. 26, will not result in a restatement of the company's earnings, according to Chief Financial Officer Ken desGarennes."/>
Auditors flag Boulder-based Zayo's financial reporting [Daily Camera, Boulder, Colo.]
Bob Evans Farms Inc., Blanchard Valley Health System, HCR ManorCare, and Macy's. Occupations with the most job..."/>
BRIEF: Local job openings up from previous month [The Blade, Toledo, Ohio]
Expedia shows a notable surge in demand for Chiang Rai, Pattaya and Hua Hin from international travellers. Judging largely from the robust growth in hotel bookings in the first half of the year, international travellers are increasingly heading to these three destinations. Expedia said its hotel partners in Chiang Rai benefitted the most, with a year-on-year growth of 70%, followed by Pattaya and Hua Hin."/>
Chiang Rai, Pattaya, Hua Hin in demand [Bangkok Post, Thailand]
Maruti Suzuki India Ltd's domestic sales jumped 29.4% to a record 1,37,321 units in September on back of a robust growth across all the segments over the same month a year ago, the company said in a statement on Saturday. Even sales of its level models such as Wagon R and Alto, which had been under pressure for several months, rose at a brisk 24.8% to 44,395 units. Led by the Baleno hatchback, cumulative sales of compact cars also advanced 12.3% to 50,324 units over the last..."/>
Maruti Suzuki sales jump 29% in September [Mint, New Delhi]
Microsoft and Amazon Web Services in the cloud marketplace in India by announcing that it plans to set up its first data centre in Mumbai by 2017-- a strategy that will help the company cater to a larger number of Indian developers and enterprise customers. It will help Google especially in the financial services industry since regulations in this sector do not permit data to be transmitted outside the country."/>
Google to launch first data centre in Mumbai to take on Microsoft, Amazon [Mint, New Delhi]

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