Business Briefs: Vipul Jain to Step Down at Accelya - India West
, an Accelya Group company, announced that Vipul Jain will step down from his current role as managing director as part of a succession plan. “I am confident that Neela brings the vision and capability to take Accelya Kale to greater heights,” Jain said in a statement. He will also join the board of Accelya Holding (Luxembourg) and will advise on strategic initiatives for Accelya Group. YouWeCan Ventures Invests in Quick Service Restaurant Space. Cricketer Yuvraj Singh-backed early-stage investment firm YouWeCan Ventures has invested an undisclosed amount in Gurgaon-based Cybiz BrightStar Restaurants Pvt. , the Indian franchisee of American burger chain brand Carl’s Jr. This is YouWeCan Ventures' first investment in quick service restaurant space and seventh since it started investing in April. Detroit-based automaker General Motors recently announced it will close down operations at its plant in Gujarat. General Motors was one of the first automakers to enter Gujarat in 1996. The U. S. -based company said that it will be investing $1 billion in its plant in Talegaon, in Maharashtra. The investment is part of GM's plan to invest $5 billion over several years to develop a global family of Chevrolet vehicles with Shanghai Automotive Industry Corp. Source: www.indiawest.com
