HrNxt Newsdesk

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.

TCS to acquire Deutsche Bank’s Postbank Systems

Tata Consultancy Services, a global IT services, consulting and business solutions organization, and Deutsche Bank AG have announced an agreement under which TCS will acquire 100% of the shares of Postbank Systems AG (PBS) from Deutsche Bank AG.  PBS is the full-range captive IT service provider that provides project management, application management and infrastructure support…

RattanIndia Power CEO Aman Singh resigns, Vaibhav Agarwal appointed as new MD

RattanIndia Power, an India-based company, which is engaged in power generation and setting up of power projects, announced changes to its leadership team. Vaibhav Agarwal has been nominated as the new Managing Director of the company, effective November 9,2020. Agarwal has vast experience of 20 years in the Infrastructure sector, with core competence in Power. …

Dr. Atul Gawande named to Biden-Harris Transition COVID-19 Advisory Board

Dr. Atul Gawande—founder and chair of Ariadne Labs, Brigham and Women’s Hospital surgeon, Harvard professor, and best-selling author—was named as a member of President-elect Biden’s Transition COVID-19 Advisory Board.  The COVID-19 Advisory Board is a team of leading public health experts who will advise President-elect Biden, Vice President-elect Harris, and the Transition’s COVID-19 staff. “Dealing…

Nektar.ai nabs $2.15 mn in seed funding round led by Nexus Venture Partners

Nektar.ai, a business-to-business sales productivity startup, announced that it has raised $2.15 million in a seed funding round led by Nexus Venture Partners.  Other investors that participated in the current funding round include Insignia Venture Partners, Arka Venture Labs, Better Capital and Vietnam Investments Group.  Nektar plans to utilise the capital to fuel expansion, continue…

Shine Zakharia appointed Senior VP – Sales & Client Relationship of Collabera

Collabera, a global technology talent solutions provider, announced the appointment of Shine Zakharia as Senior Vice President — Sales and Client Relationship, as per the ET report. In his new role, Zakharia will help augment Collabera’s existing position as the leading provider of technology and talent solutions and usher strong advancement in growth and emerging…

ManpowerGroup names Jean-Philippe Courtois and William P Gipson to its Board

ManpowerGroup, the leading global workforce solutions company, announced that Jean-Philippe Courtois and William P. Gipson has been elected to the company’s Board of Directors, effective December 14, 2020.  “We are delighted to welcome Jean-Philippe and William to the ManpowerGroup Board – two impressive executives with significant global experience and innovation acumen,” said Jonas Prising, ManpowerGroup…

Happiest Minds, AutonomIQ partner to offer autonomous testing solutions to accelerate digital transformation

Happiest Minds Technologies, a ‘Born Digital . Born Agile’, digital transformation and IT solutions company and AutonomIQ, a cloud platform that uses AI and machine learning for autonomous testing solutions, announced a partnership to accelerate the enterprise digital transformation journey using autonomous testing capabilities.  This solution combines artificial intelligence, machine learning and intelligent automation capabilities…

TCS recognized as a Leader in Data and Analytics Services by Everest Group

Tata Consultancy Services, a global IT services, consulting and business solutions organization, announced that it has been positioned as a Leader and Star Performer in the Everest Group Peak Matrix for Data and Analytics Services.  “Data democratization and analytics have become foundational to successful Business 4.0 strategies for building purpose-driven and adaptable models that leverage…

Mumbai-based Wellness Forever raises Rs130 cr funding from Adar Poonawalla and Allana Group

Wellness Forever, a ‘Lifestyle Retail Pharmacy Chain’ which focuses on the complete wellness of its customers, announced it has raised Rs 130 crore in funding from Serum Institute CEO Adar Poonawalla and UAE-based Allana Group. Founded in 2008, the startup has been backed by the Allana Group, Patni Group, Poonawalla Group & Thakral Corporation. “We…

Shapoorji Pallonji’s solar EPC arm Sterling and Wilson Solar strengthens global presence with new office in Spain

Sterling and Wilson Solar Limited, the solar engineering, procurement and construction (EPC) arm of Shapoorji Pallonji Group, announced the opening of its new office in Spain, following its international expansion strategy.  The office, located in Seville, will be the Company’s headquarters for its European operations serving and tapping markets like Portugal, Spain, Italy, Poland, among…

Former Facebook executive Gokul Rajaram joins Pine Labs as an Advisor

Pine Labs, a merchant commerce platform has announced the appointment of Silicon Valley product leader Gokul Rajaram as an advisor. Prior to this, Gokul Rajaram has worked with companies like Square, Facebook, and Google, having experience of over two decades in product development and management. He currently serves on the board of Coinbase, Pinterest, The…

Gurugram-based GalaxyCard bags seed funding from a clutch of investors

GalaxyCard, a mobile based Instant Credit Card platform based in Gurugram, announced it has raised an undisclosed amount of seed funding from a clutch of investors including Samyakth Capital, according to ET report. Founded in 2018 by Amit Kumar and Gunjeet Singh, GalaxyCard claims that credit cards can be made available within three minutes after…

Boeing appoints Jinnah Hosein as VP of Software Engineering

The Boeing Company announced the appointment of Jinnah Hosein as Vice President of Software Engineering, effective immediately. Hosein will report to Greg Hyslop, Boeing chief engineer and senior vice president of Engineering, Test & Technology. In this newly created role, Hosein will focus on further strengthening Boeing’s focus on software engineering across the enterprise. “The…