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KFin Technologies Private Limited, one of India’s largest Registrars and a market leader in the investor servicing industry, announced that it has appointed Sreekanth Nadella, presently the COO of KFin, to take charge as Chief Executive Officer of the Company, effective from June 15th, 2020. Sreekanth replaces Ganesh Venkatachalam, the current Managing Director & CEO…
GMR Visakhapatnam International Airport Limited, a 100% subsidiary of GMR Airports Ltd, announced that it has signed the Concession Agreement for the development and operations of Greenfield international airport at Bhogapuram in Andhra Pradesh with the Government of Andhra Pradesh. In April 2020, GAL had received the Letter of Award for implementation of project on…
Zydus Cadila, an innovation-driven global healthcare company, announced that it has signed a non-exclusive licensing agreement with Gilead Sciences Inc., for the manufacturing and distribution of Remdesivir, the investigational drug, which has been issued an Emergency Use Authorization by the U.S. Food and Drug Administration (FDA) to treat patients suffering from severe symptoms of Novel…
Wipro Limited, a global information technology, consulting and business process services company, announced that Wipro VirtuaDesk, Wipro’s Desktop as a Service solution and Wipro’s Digital Workspace solution, will join forces with Citrix Systems, Inc. and Microsoft to help customers drive business continuity while executing operations within the boundaries of social distancing and other limitations that…
Spike, the conversational work ecosystem that brings your entire workspace into your inbox: email, chat, calendar, calls, team collaboration, and tasks in one place, announced that it has raised $8 million Series A funding led by Insight Partners, a leading global venture capital. Existing investors that participated in the funding round include Wix, NFX and…
Gemini, a US-based next generation cryptocurrency exchange and custodian that allows customers to buy, sell, and store digital assets such as bitcoin and ether, announced the appointment of Jeremy Ng as the Head of Asia Pacific Region. Ng will be based in Singapore and report directly to Gemini’s President, Cameron Winklevoss. In his new role,…
Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, announced the opening of a state-of-the-art Hi-Tech Wireless Chamber Lab in Bangalore. The company said that the new lab is designed to help enhance Mphasis’ capability in the Hi-Tech space by reducing time-to-market and accelerating product releases of existing and new clients.…
Nazara Technologies, a Mumbai-based gaming and sports media company, announced that it has made an additional investment in fantasy sports startup Halaplay through an equity swap of stocks from Kae Capital worth Rs 14.6 crores, according to an ETtech report. Post investment, Nazara becomes a majority stakeholder in Bengaluru-based Halaplay Technologies. Nazara has invested in…
Naari Pharma Private Limited, a Bengaluru-based vertically integrated women’s health pharma business focused on hormones, announced that it has entered into a definitive asset purchase agreement to acquire 10 Abbreviated New Drug Applications (ANDAs) for the U.S. market from Intas Pharmaceuticals Ltd. The portfolio acquired comprises eight U.S. FDA approved ANDAs and two products pending…
JIFFY.ai, the US and India-based software company that offers AI-powered intelligent and integrated platform for the modern-day digital enterprise, announced that it has raised $18 million Series A funding led by Nexus Venture Partners. Rebright Partners and W250 Venture Fund also participated in this funding round, JIFFY.ai said in a statement. A number of business…
Tackle.io, a software company dedicated to helping software providers accelerate revenue through Cloud Marketplaces, announced that it has raised $7.25 million Series A funding led by Bessemer Venture Partners. With this funding, Tackle.io will double down on product innovation to continue to bring new features to life for their community of software providers. In addition,…
Decooda, a US-based Interaction and Customer Experience Management company that is known for its artificial intelligence and emotion-based customer experience solutions, announced Vikram Kuriyan as an Advisor to the leadership team. In his new role, Kuriyan will guide in the development of new products for the Financial Services industry to support the investment value-chain, including…
Philip Morris International, a Switzerland-based international tobacco company, announced that Suzanne Rich Folsom has been appointed Senior Vice President and General Counsel, leading Legal, Ethics & Compliance, effective July 1, 2020. She will report to PMI CEO André Calantzopoulos. Folsom will succeed Marc Firestone, who will retire later this year. Since January 2018, Firestone has…
Ride-hailing giant Uber recently announced that it has appointed its India business head Pradeep Parameswaran as the Regional Manager for its Asia Pacific region operations. His appointment will come in effect from next week. The former McKinsey executive will be tasked to improve Uber’s presence in the nine nations in the Asia Pacific region where…
German airline Lufthansa recently said that it might have to cut 22,000 jobs due to impact on business caused by the coronavirus pandemic. “The recovery in demand in the air transport sector will be slow in the foreseeable future,” the airline said. Speaking after a meeting with trade unions, a Lufthansa spokeswoman said the airline…