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NIIT Limited, a global skills and talent development company and leading provider of managed training services, announced that it has extended its partnership with Rio Tinto, the leading global mining group for another five years. NIIT began its relationship with Rio Tinto in 2014 and will continue to provide a full range of managed learning…
Sharp Sight Group of Eye Hospitals, a Delhi-based eye-care chain that provides world class treatments for eye disorders such as Cataract, Squint, Glaucoma, Paediatric Ophthalmology, announced that it has raised Rs 70 crore in equity funding from InvAscent, a healthcare-focussed private equity firm, according to VCCircle report. Sharp Sight chief executive officer Deepshika Sharma said…
Lincode Labs Inc, a US and Bengaluru-based AI-backed visual inspection startup, announced that it has raised seed funding from Come Back Capital and RSCM LLC. The startup has also secured an angel investment from The Enfich Group, according to YourStory report. The company said it plans to utilise the current financing for product development, research…
Adani Green Energy Limited announced that it has won a manufacturing linked solar agreement from the Solar Energy Corporation of India (SECI). As a part of the agreement, AGEL will develop 8 GW of solar projects along with a commitment that will see Adani Solar establish 2 GW of additional solar cell and module manufacturing…
Sapiens International Corporation, a global provider of software solutions for the insurance industry, announced that it has completed the public offering of non-convertible series B debenture and the listing thereof on the Tel-Aviv Stock Exchange, for a sum of approximately $60 million bearing an annual interest rate of 3.37%. Both institutional and private investors participated…
Bengaluru-based health-tech startup HealthPlix recently said that it has raised $6mn in Series B funding round. The funding round was led by a new investor in the company, JSW Ventures. JSW Ventures is the venture capital arm of Jindal family-backed JSW Group. The funding round also saw participation from existing investors like Chiratae Ventures and…
Kolkata-based solar energy company, Vikram Solar recently announced that it has appointed Suman Nag as its new Chief Revenue Officer (CRO). In his new role at Vikram Solar, Nag will be responsible for developing & implementing the commercial strategy, identifying profitable commercial opportunities to grow revenue and market share for the Company. He will drive…
The Government of India announced that it has entered into an Memorandum of Understanding with the Government of the Kingdom of Denmark on the Indo-Denmark Energy Cooperation. The MoU was signed between the Ministry of Power and the Ministry for Energy, Utilities and Climate, Government of the Kingdom of Denmark. The partnership will help in…
DXC Technology, a US-based company that helps global companies run their mission critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds, announced the appointment of Luz G. Mauch as executive vice president of Automotive, effective immediately. In his new role as EVP, Mauch…
Icertis, the leading provider of enterprise contract management in the cloud, announced the appointment of Ajay Bhandari to the newly created role of Executive Vice President and Global Head of Professional Services. In his new role, Ajay will lead Icertis’ implementation and service delivery teams to help customers derive maximum value from the Icertis Contract…
Affle, a global technology company with a proprietary consumer intelligence platform that delivers consumer engagement, acquisitions and transactions through relevant Mobile Advertising, announced the signing of definitive agreements to acquire full control of Appnext Pte. Ltd., Singapore and 100% IP of Appnext app discovery and recommendation platform with immediate effect. According to the press release,…
The Chief Minister of Jharkhand, Hemant Soren has recently announced that he has allowed the Border Roads Organisation (BRO) to recruit about 11,800 skilled workers from the state for projects in the border and hilly areas. The state government had earlier denied permission to the BRO stating the welfare concerns of these workers. Just days…
British oil giant, BP has recently said that it plans to cut about 15% of its global workforce or 10,000 jobs in response to the coronavirus crisis. The company is also attributing the downsizing to its Chief Executive Officer Bernard Looney’s ambitious plan to reform the company into a renewable energy major. In a global…
TidalScale, the industry leader in software-defined server technology, announced that it has entered a reseller agreement with Infosys, the global leader in next-generation IT consulting. TidalScale’s breakthrough technology is revolutionizing the economics and capabilities of the data center. With TidalScale, businesses can run database or analytics workloads entirely in-memory at half the TCO compared to…
Tata Consultancy Services, a global IT services, consulting and business solutions organization, announced that it has been recognized as a Leader in The Forrester Wave: Internet of Things (IoT) Consultancies in Asia Pacific (APAC), Q2 2020. According to the report, “TCS’ key strengths are its deep technology expertise, broad IP portfolio, and excellent platform and…