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.

Softbank buys 10.1% stake in Swedish firm Sinch

Cloud computing services provider, Sinch, has announced that Softbank-owned SB Management has bought a 10.1% stake in the company.  Sinch said in a statement it had issued 3.2 million new shares at a subscription price of 1.050 crowns per share, a 6.6% discount to Monday’s closing price, raising about 3.3 billion Swedish crowns ($386 million)…

Mahindra Group appoints Amit Sinha as President, Group Strategy

Mahindra Group has announced the appointment of Amit Sinha as President, Group Strategy. Sinha will report to Dr. Anish Shah, Deputy Managing Director and Group CFO, Mahindra Group, and will be part of the Group Corporate Office Leadership Team. In his new role, Sinha will work closely with the Group businesses to help drive growth and…

Insurance major Chubb appoints Gabriel Lazaro to head overseas general insurance business

Chubb, the world’s largest publicly traded property and casualty insurance company, has announced the appointment of Gabriel Lazaro as Senior Vice President, Digital Head for Overseas General Insurance, effective from January 1, 2021. Currently Lazaro serves as Vice President, Digital Head for Latin America.   Lazaro will report to Sean Ringsted, Executive Vice President, Chubb Group…

Anuj Gupta named MD of Hitachi Systems Micro Clinic

Hitachi Systems Micro Clinic, a leading systems integrator that delivers innovative technology solutions to enterprises and government, has announced the appointment of Anuj Gupta, CEO, as the next Managing Director, effective from January 1st, 2021. Anuj succeeds Tarun Seth, who retires from the role of MD, effective December 31st, 2020.  Micro Clinic was founded by…

Apple appoints venture capitalist Josh Elman for App Store role

Apple has hired Josh Elman, a former venture capitalist at Greylock Partners and a former VP of Product at Robinhood, to help it improve iOS app discovery in the App Store.  Josh Elman has announced his appointment via his Twitter account, saying he’s also leaving his role as a board partner at the firm Greylock…

Facebook to acquire CRM startup Kustomer

Facebook has reached an agreement to acquire Kustomer, a top-rated CRM that enables businesses to effectively manage all customer interactions across channels. Kustomer helps businesses automate repetitive tasks so their agents can maximize the time and quality of interactions with customers.  With this acquisition, Facebook can improve its offerings for businesses that have a presence…

US-based Vitech Systems Group opens new office in Hyderabad

Cloud-native administrative software provider, Vitech, has announced the opening of a new 90,000 square foot office in Hyderabad, India. “The new office was designed and constructed from the ground up in a brand-new “green” building in Hyderabad’s tech hub, called HITEC (Hyderabad Information Technology and Engineering Consultancy) City,” the company said in a statement. The…

Gainsight acquired by Vista Equity Partners for $1.1 bn

Customer Success startup Gainsight has been acquired by Vista Equity Partners (Vista), a global investment firm focused on enterprise software, data and technology-enabled businesses.   Gainsight and Vista will partner to further accelerate the Customer Success movement and growth in the Customer Success profession, Gainsight said in its press release. As part of the deal, Gainsight…

Role of culture of innovation and creativity in transforming workplaces

A culture of innovation and nurturing creativity at workplaces can have some tremendous positive implications on an organisations operations and employees. Culture of innovations at a workplace helps evolve employees mindset and enables them to think out of the box, and all of this can go a long way in supporting an organisations business as…

Coronavirus crisis force hospitality startups to resort to job cuts

As the coronavirus pandemic continues to impact the lives of many people around the world in numerous ways, businesses that have seen their sales funnels and cash flows depleting are taking to strong measures to ensure that the survival and continuity of business.  A good number of businesses directly or indirectly impacted are having to…

Coronavirus: Manufacturing shutdown in India’s industrial sectors

Markets across the globe are severely impacted from the coronavirus pandemic, resulting in shutdown of manufacturing facilities in various countries including China, which is the largest exporter of goods in the World. Many industry experts and historians say that the shutdown of heavy industry is unlike any seen since the 1940s. According to the Organisation…

How employers are focusing more on employee wellness

Employees around the world spend most time of their lives at workplaces. Workplaces have become a second home for many individuals. But workplaces are demanding. They need you to be efficient and productive at all times. In order to be more productive, more useful, more energetic and more contributing to the workplace one needs to…

It’s raining jobs at top B-schools in India

B-Schools students nationwide eye on the placement season in their respective colleges. Many dream of getting in their favoured companies while many look out for a high paying job. After spending two years in college, they believe the placement season will reward them for their dedication and excellence. Students nationwide eagerly wait for this season…

Workplaces are all ears for music

Even if you are not able to connect to everything that has been told to you about music and its amazing effects, you can’t deny the fact that music has become a universal language. It’s as old as time, it communicates what words alone cannot, and it speaks to each and every one of us in a deeply personal way.