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News

Mary Kay Inc contributes nearly $10 mn towards global COVID-19 support

In an effort to help slow the spread of the COVID-19 pandemic and support frontline workers, Mary Kay Inc. announced that it has contributed nearly $10 million in monetary donations, product donations, and distribution support in the countries where it operates and communities in critical need around the world. “The wide-ranging impact of this pandemic […]

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Press Release

Cyient recognised as Release Ready Specialty partner by Esri

Cyient, a global engineering and technology solutions company, announced that it has been recognized by Esri as a Release Ready Specialty partner. The Release Ready Specialty designation is awarded to organizations that have the industry expertise and solutions, services, or content offerings for ArcGIS, and are ready to help leverage the latest capabilities. “This recognition […]

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Executive Movements

Rajni Natesan named Chief Medical Officer of Braid Health

Braid Health, a digital health innovation company that develops AI-powered diagnostic tools for radiology, announced the appointment of Rajni Natesan as Chief Medical Officer.  Prior to this role, Natesan was Co-President and Chief Medical Officer at QT Ultrasound, where she spearheaded new FDA clearances including FDA 510(k) awards and an FDA Breakthrough Device designation, led […]

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Press Release

Wipro partners with Nutanix to launch its Digital Database Services

Nutanix, a leader in enterprise cloud computing, and Wipro Ltd, a leading global information technology, consulting and business process services company, announced the launch of Wipro’s Digital Database Services (DDS) powered by Nutanix Era and Nutanix HCI software. This offering will enable enterprises to efficiently manage databases, optimizing time and effort of IT teams. “Wipro’s […]

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Press Release

Morepen Laboratories gets certification from UK for its medical devices manufacturing facility at Baddi

Morepen Laboratories Ltd. has received the ISO-13485 certification from BSI (British Standards Institution, U.K.) for its State of-the-art medical devices manufacturing facility at Baddi (Himachal Pradesh). The certification has been awarded for the manufacturing, distribution and after sales service of all point-of-care diagnostic medical devices and their accessories manufactured at the company’s facility in Baddi. […]

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Corporate

Wipro resumes operations in Kochi office

As the government issued guidelines for companies to resume operations after April 20, employees in the IT sector seem to be returning to work. Recently, Rashid Premji, the Chairman of Wipro through a tweet announced that his company has resumed operations at its Kochi campus with 120 employees joining the office. However, he also highlighted […]

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Corporate Government & PSU

DoT extends relaxation of VPN norms till July 31 to facilitate work-from-home

The Government of India recently announced that it has extended the relaxation of VPN norms till the end of July enabling employees in the IT sector to continue working from home as the nation fights the coronavirus pandemic. The recent decision was communicated by the Union Minister for Information Technology and Telecommunication Ravi Shankar Prasad […]

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Investment

Reliance increases stake in US-based pod car developer SkyTran

Reliance Industries Ltd (RIL) announced that it has upped its stake in the US-based SkyTran Inc., a venture-funded technology company that is developing pod car transport systems. RIL said in a stock-exchange filing that it has increased its holding in SkyTran to 26.31% from the previous 17.37% on a fully diluted basis. The increase in […]

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News

Hyderabad-based CtrlS certified as a Great Place to Work

CtrlS Datacenters Limited, Asia’s Largest Hyperscale Rated-4 Data Center and Managed Services Player, announced that it has been certified as a Great Places to Work. The company has over 500 employees drawn from IIMs, IITs, NITs and other best technology and business schools.  CtrlS is a trusted advisor to over 3,500 Indian and world’s leading […]

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Executive Movements

Uber CTO resigns amid coronavirus pandemic; Layoffs expected

Ride-hailing giant Uber has recently announced the departure of its Chief Technology Officer Thuan Pham. According to a company regulatory filing, Pham’s resignation will be effective May 16. Pham had joined the ride hailing tech company in 2013 and was the longest serving executive of the company. His departure comes at a time when Uber […]

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Talent Ecosystem

TripAdvisor lays off 900 employees as travel industry faces the heat of coronavirus

American online travel company TripAdvisor recently announced that it has decided to lay off 900 employees or 25% of its global workforce due to the impact on travel industry because of the coronavirus pandemic. In a blog post, TripAdvisor CEO and Co-Founder Stephen Kaufer announced that the company would be reducing its workforce in light […]

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Executive Movements

Advent International appoints Sunil Sethi as Executive-Chairman for Dixcy Textiles and Gokaldas Intimatewear

Advent International has announced the appointment of Sunil Sethi as the new Executive-Chairman for Dixcy Textiles Private Limited and Gokaldas Intimatewear Pvt. Ltd.  In his new appointment, Sethi will chair the board of directors, and be actively involved in leading the long-term business strategy to drive the next phase of growth for Dixcy and Gokaldas’s […]

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Investment

Bengaluru-based startup Wagonfly secures $500K investment from ITI Growth

Wagonfly, a Bengaluru-based contactless shopping and delivery experience startup, announced that it has raised around $500,000 funding from Investment Trust of India (ITI) group-led early stage venture capital fund, ITI Growth, and angel investor Manoj Kumar.  Raghavendra Prasad, founder at Wagonfly, said the ongoing pandemic caused by COVID-19 will bring a paradigm shift in the […]

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Investment

Northern Data AG acquires Canadian data center specialist Kelvin Emtech Group

Northern Data AG, one of the world’s largest providers of high-performance computing (HPC) solutions, announced that it has acquired Montreal-headquartered Kelvin Emtech Group. Post acquisition, Northern Data will push its existing strategy of expansion in Canada and across North America, thus enabling the Company to accelerate its growth considerably. Northern-Data-CEO Aroosh Thillainathan comments on the […]

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Investment

VELO3D raises $28 mn Series D funding to boost expansion

VELO3D, a California-based digital manufacturing innovator, announced that it has raised $28 million in a Series D funding round. New investors Piva and TNSC joined the latest funding round.  Existing investors that took part in the current financing round include Bessemer Venture Partners, Playground, and Khosla Ventures. Till now, the company has raised a total […]