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Symphony Summit AI announced that it has been recognized as CIO CHOICE in the IT Operations Management category for the third year in a row. CIO CHOICE is a special vendor recognition bestowed on outstanding information and communications technology brands based on the votes of CIOs and IT decision-makers. Winners were recognized at a red-carpet…
Air conditioning and commercial refrigeration major, Blue Star Limited, has announced that the Company has been bestowed with ‘The Best Governed Company’ award in Listed Segment — Medium Category, for implementing best practices in Corporate Governance, at the ‘19th ICSI National Awards for Excellence in Corporate Governance’ event, held in New Delhi. Blue Star was…
Saksoft Limited announced that it has been chosen as the ‘digital transformation partner’ by Aegon Life Insurance. This partnership will help Aegon Life Insurance to build their digital prowess by leveraging Saksoft solutions. Speaking about the partnership, Aditya Krishna, Chairman and Managing Director, Saksoft Limited, said, “Saksoft’s core strength is in helping customers with their…
Falcon Edge Capital, a New York-based hedge fund, has raised $45.7 mn for its first India-focussed fund called Falcon Edge India I LP. Falcon Edge India I LP is a pooled investment fund that will primarily focus on private equity investments in India. So far, the fund has 9 investors on board. As per their…
PNC Infratech Limited has been declared the L1 bidder for National Highways Authority of India’s EPC Project of “Four laning with paved shoulders from Meerut to after bridge over river Yamuna, Haryana via Shamli of NH 709A in the State of Uttar Pradesh” for a quoted price of ₹639.0 crore. The scope includes construction of…
LifeCell International, India’s human cells tissues and genetics services provider, has now received accreditation from the American Association of Tissue Banks for its birth tissue products. This accreditation positions LifeCell as the first & only company not only in India but also outside the US to receive this accreditation. This accreditation certifies the entire process…
McAfee, LLC, the device-to-cloud cybersecurity company, announced that its Board of Managers has appointed Peter Leav to the role of Chief Executive Officer, effective February 3, 2020. Leav will succeed Chris Young, who has decided to step down as Chief Executive Officer of McAfee. Young will remain at McAfee in an advisory role to assist…
Incuspaze, a chain of co- working spaces, successfully operating across tier one and tier two cities in India, is delighted to announce the appointment of Mohit Srivastava as its Chief Operating Officer. With over 19 years of experience in building and scaling businesses, Mohit would be instrumental in furthering Incuspaze’s growth in the Indian subcontinent.…
RP-Sanjiv Goenka Group has reached a deal to acquire a major stake in Mohun Bagan Football Club. The oldest football group will merge with the ATK Football Club. Mohun Bagan has a fan-base of more than 1.5 million. Both clubs will be merged into a single identity, in which RPSG Group will hold 80 percent…
Jeff Bezos, Founder, Amazon.com Inc., three-day visit to India has come to an end. In his visit, Bezos has promised to create a million jobs in India by 2025. “It’s still Day 1,” the American billionaire mentioned in a direct message to “customers, sellers and partners” that was posted on Amazon.in. A media statement was issued…
GMR Airports Limited , a subsidiary of GMR Infrastructure Limited, has announced that it has signed a concession agreement with Kannur International Airport Limited to develop, operate, maintain and manage the Duty-Free outlets at Kannur International Airport on an exclusive basis. Under the concession agreement, GAL would design, finance and operate the DutyFree shops at…
Philip Morris International Inc. has been recognized among this year’s most awarded winners in the One Planet Awards program, an initiative acknowledging business and professional excellence in industries around the world. The company earned four awards for its achievements in delivering a smoke-free future from the more than 50 judges, who represent a wide spectrum…
Mahindra First Choice Wheels Ltd, step down unit of automaker Mahindra & Mahindra Ltd, will acquire automotive portal CarandBike.com from NDTV Ltd and other shareholders to further its digital presence. The company will purchase 100% of CarandBike.com for up to Rs 30.45 crore, the automaker said in a stock-exchange filing. NDTV said in a separate…
Google has announced a new course in the coding language Python, that will prepare American workers for jobs in the tech industry. Python is considered to be a key skill that most employers in the tech industry are looking for. Google says it wants to prepare people for jobs in the industry. The program is…
Audio equipment seller Bose Corporation has recently announced its plan to shut all its 119 retail stores worldwide across Australia, North America, Europe, and Japan. The move is a significant shift towards selling all its products online. The company said that it will be closing 119 of its remaining stores over the next few months.…