News Desk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.

Biocon ropes in Agnidipta Sarkar as Group CISO

India’s biopharmaceutical company, Biocon, has appointed Agnidipta Sarkar as Group CISO. Sarkar has moved on from CMS IT services where he has served his tenure of two years as Director Cybersecurity.  In this new role, Sarkar will be leading the cybersecurity and risk management domains at the biopharmaceutical company. Sarkar has 3 decades of experience…

Edtech unicorn Byju’s to acquire Aakash Educational Services

India’s edtech major Byju’s is acquiring Aakash Educational Services Ltd. in an estimated $950-million cash-and-stock deal, according to ET report.  “Post the transaction, Blackstone Group and Aakash Institute’s founders will hold a minority stake in Byju’s at a valuation of about $13 billion, founder Byju Raveendran said. “We will integrate Aakash’s expertise in test prep…

TCS Optunique and TCS Optumera win Top Honors at the 2021 Artificial Intelligence Excellence Awards

Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, has won two awards at the 2021 Artificial Intelligence Excellence Awards. TCS Optunique, its AI-powered enterprise personalization solution, was named the Best Theory of Mind Machine Learning Product while TCS Optumera, its AI-powered retail optimization suite was declared the Best Self Aware…

AI firm Peak announces expansion plans in India

Artificial Intelligence (AI) company, Peak, is expanding its team and software services across India, with offices based in Jaipur and Pune. Peak offers AI software across retail, manufacturing and consumer packaged goods, enabling businesses to embed AI at the centre of all commercial decision making, resulting in high-profitability and improved efficiency.  Peak’s AI software allows…

Nucleus Software appoints Parag Bhise as CEO, succeeds RP Singh

Nucleus Software, the leading provider of lending and transaction banking products to the global financial services industry, has appointed Parag Bhise as the Chief Executive Officer, effective 1st April 2021. Bhise succeeds the outgoing CEO, RP Singh, who retired after a career spanning 35 years with Nucleus Software.  “Nucleus Software witnessed the beginning of the…

Cox Enterprises names Patrick Waite as VP of Audit Services

Cox Enterprises announced that Patrick Waite has been named vice president of Audit Services for Cox Enterprises, effective April 5. Previously, he was the executive director of process improvement in Cox Communications Operations.  In this new role, Waite will work with boundary partners across the Cox family of companies to ensure alignment and partnership to…

Mumbai-based baby products startup SuperBottoms raises Series A funding

SuperBottoms, a Mumbai-based startup that manufactures eco-friendly baby products, has received $2 million in Series A funding from Saama Capital and DSG Consumer Partners.  Founded in 2016 by Pallavi Utagi, SuperBottoms sells reusable cloth diapers for babies. It claims to sell more than 30,000 diapers on a monthly basis through its own website and other…

Asha Kharga joins Mahindra Group as Chief Customer and Brand Officer

Mahindra Group has roped in Asha Kharga as chief customer and brand officer, effective immediately.  Prior to this, Kharga was the executive vice president and group chief marketing officer at Axis Bank, where she was responsible for creating and implementing marketing strategies that led to increased awareness, consideration and brand trust. She had an eight…

EdTech startup ixamBee onboards Ex-Regional Director of RBI Dr. Sanjeev Sharma as Senior Advisory – Career Guidance

 ixamBee, a leading online learning platform, providing best-in-class technology-based learning solutions for competitive exams, onboarded Dr. Sanjeev Sharma, former Regional Director RBI as Senior Advisory – Career Guidance. He is also a visiting faculty at IIM Ahmedabad where he has taught Corporate Communication. With the inclusion of Dr. Sanjeev Sharma, ixamBee aims to groom the…

GAIL startup initiative ‘Pankh’ to invest in startups

GAIL announced it has plans to invest in startups operating in Focus Areas, which mainly includes natural gas, petrochemicals ,energy, project management, bio-manure marketing, Nano materials, IoT, data mining, environment, health and social. Pankh was launched in 2017 with an aim to invest in promising Start-ups. Till now, it has made investments in 28 Start-Ups…

Pooraan Jaiswal appointed Chief Information Officer of Entero Healthcare

Former CTO of jewellery retailer Tribhovandas Bhimji Zaveri, Pooraan Jaiswal, has joined Entero Healthcare as the Chief Information Officer. He will report to Prem Sethi, COO of Entero Healthcare. Entero Healthcare is a Mumbai-based startup that focuses on the healthcare industry’s supply chain. The company has a pan India distribution network, servicing more than 50,000…

Gautam Char joins WhiteSpace Health as President and CEO

The WhiteSpace Health board of directors has announced the appointment of Gautam Char to the role of president and CEO. A seasoned business leader skilled in health information technology and revenue cycle management, Char has a wealth of experience bringing products to market and rapidly growing companies, the statement said.  “He is known for building…

Subhash Kumar assumes additional charge as ONGC Chairman & MD

Subhash Kumar, the finance chief at ONGC, has taken additional charge of the Chairman and managing director at the company, according to ET Bureau report. Kumar replaces Shashi Shanker who retired from the role. Kumar, a cost accountant by training, has taken up various roles in the oil and gas industry in the last 36…

Peter Drucker Society Europe appoints Sunil Prashara to International Advisory Board

Project Management Institute (PMI) and the Peter Drucker Society Europe have announced the launch of a strategic partnership in which PMI President and CEO Sunil Prashara will join the Drucker Society International Advisory Board. The Peter Drucker Society Europe is a non-profit organization that seeks to advance a critical, international dialogue between management practitioners, academics,…