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 When Gautam Prakash wanted to start his own investment firm it made sense — both in his heritage and professional background — to target India. However, to survive the financial crisis of 2008, he had to take an innovative approach to fund investing, particularly in India — and his moves have paid off greatly. Not only has his firm Monsoon Capital weathered the financial storm, its India hedge fund — by all accounts — is the top performing hedge fund in India.
Founded in 2004, Monsoon Capital is a minority owned alternative asset manager focused on emerging markets, primarily Asia and India. The firm manages absolute return, long-only, and real estate investment strategies. Monsoon Capital, together with its India-based advisory team (Suyash Advisors), maintains offices in Washington, D.C., Mumbai, Bangalore and Singapore.
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 Kaman Aerospace Group Inc., which is part of the Bloomfield, Conn.-based Kaman Corp., has signed a deal with Kineco Pvt. Ltd. to form a manufacturing company in India. The venture will be based in Goa and will manufacture advanced composite structures for aerospace, medical and other industries. |
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 Earlier this week, Dunkin’ Donuts opened its first two restaurants in India — both in New Delhi. In 2011, Dunkin’ Donuts signed a franchise agreement with Jubilant FoodWorks Ltd. to develop 500 restaurants across the country over the next 15 years. The agreement marked the largest international store development commitment in Canton, Mass.-based Dunkin’ Donuts’ history.
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 Following an IndUS Business Journal political poll of Asian Indians earlier this year, the Asian American Justice Center and APIAVote have recently released a poll of Asian American and Pacific Islanders that similarly found that President Barack Obama is in high favor compared to other candidates for the 2012 Presidential Election. |
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 Hilton Worldwide has entered a three-year partnership with Room to Read, a nonprofit organization focused on improving literacy and gender equality in education. The partnership supports Room to Read’s holistic approach to literacy and girls’ education in South and Southeast Asia — aiming to reach more than 2,000 young people in the first phase of the program. Hilton Worldwide will also support Room to Read’s annual spring fundraising campaign promoting the Girls’ Education program by matching donations up to $150,000. |
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 Vu TelePresence Inc., a video conferencing services provider for small and midsized businesses, is launching a new multi-vendor video conferencing capability through Vidtel, a cloud any-to-any video conferencing service company. With Vidtel's MeetMe multi-party video conferencing service, Vu customers can cost-effectively conference with up to twelve participants across H.323, SIP, Skype and Google GTalk systems, the company said. |
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 Online auction king eBay Inc. says it plans to open a new development center in Bangalore, India, and expects to hire up to 1,000 technologists over the next three years. According to the company, the new center will house employees working for both eBay and PayPal.
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 Red Hat Inc., a provider of open source products, is launching two engineering centers in Bangalore and Pune, India. The Pune center is Red Hat’s largest engineering facility outside of North America at 50,000 square feet.
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Dutta blends technology expertise into classroom of the future
 The last time academic, author and tech expert Soumitra Dutta spoke to the IndUS Business Journal it was almost exactly three years ago and he was on a book tour for "Throwing Sheep in the Boardroom: How Online Social Networking Will Transform Your Life, Work and World." Now, Dutta caught up with the newspaper to talk about the continual social media revolution and how an Ivy League business school has tapped him to lead it into a new age of technology, e-learning and innovation. |
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| Breaking News |
5/10/2012
Meritor Inc. has appointed Chris Villavarayan to the position of vice president of global manufacturing and supply chain management for its commercial truck division. Villavarayan will begin his new role on June 1. |
| 5/9/2012 Accel Frontline, an IT infrastructure services company based in India, has selected Nimsoft Unified Manager to provide proactive monitoring, incident ticketing and reporting to customers while utilizing minimal on-site resources.
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| 5/8/2012 Aryaka, a cloud-based WAN optimization and application acceleration company, and Amazon Web Services, a cloud computing business, have launched a services for accessing global cloud and enterprise resources. Aryaka provides a network that ensures IT application instances running on Amazon Web Services behave as if they were on the local network with any-to-any connectivity, regardless of where end-users are located around the world, the company said.
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| 5/7/2012 Total Defense Inc., a provider of solutions to combat the growing threat of cybercrime, has appointed Saran Gopalakrishnan vice president of product management. In this role, Gopalakrishnan will lead Total Defense in aggressively growing and expanding the company’s world-class consumer and enterprise product portfolio, the company said.
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| Latest Blogs |
5/10/2012 In the last several columns, I have described the investment science that supports dynamic asset allocation. Think of static asset allocation as where to set your sails and dynamic asset allocation as a way to keep your balance as your boat glides and sometimes bounces through the waves.
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| 5/10/2012 This roundtable marked our 125th Free session. We’ve come a long, long way, offering these free consulting sessions consistently for some years now. Through the last couple of weeks, you have learned about some wonderful opportunities that our corporate partners, A&N Media, ELance, and BlueSnap have been creating for entrepreneurship development.
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| 5/2/2012 This week's roundtable was a women-only affair, with WITI (Women In Technology International) San Diego entrepreneurs leading the way.
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