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Toyota Connected India Pvt. Ltd., a subsidiary of Toyota Connected Corporation, is expanding its global footprint with plans of setting up a new office in Chennai, India. The new setup will focus on enhancing development capability for connected services featuring technologies such as Machine Learning and Artificial intelligence. The Chennai office will work in close…
Solara Active Pharma Sciences Limited (Solara), has announced the appointment of Bharath R. Sesha (Bharath) as the new Chief Executive Officer (CEO) to succeed Jitesh Devendra (Jitesh). In April 2017, Jitesh was selected by the Board to take over as the CEO and Managing Director of Solara, a company that was built on the carved…
Tata Communications Limited, an Indian telecommunications company, has re-appointed Renuka Ramnath as an Independent Director of the Company w.e.f 8 December 2019. Ramnath will continue to be the Chairperson of the Board of Directors of the Company.
Honeywell has announced that Jaime Chico Pardo, will retire from the board effective at the time of the next Annual Share-owners Meeting on April 27, 2020. He will be succeeded as independent Lead Director by D. Scott Davis. David has chaired the Management Development and Compensation Committee (MDCC) since 2010. Davis also chaired the Honeywell…
Birlasoft, part of the USD 2.4 billion diversified, The CK Birla Group, has announced that it has been honored with the ACE Alliance Award 2019 by SAP for customer excellence and delivery in SAP Product Support. This honors business excellence achieved through partnership for enabling SAP Product Support. Birlasoft received this award at the SAP-Birlasoft partnership celebration event held at the Birlasoft office in Pune, India, in November 2019.
Tata Consultancy Services has been named a leader in the Everest Group PEAK Matrix for Financial Crime and Compliance (FCC) Operations Services. TCS received this recognition for the second year in a row. According to the report, TCS is among the top three FCC operations service providers by revenue and dominates areas such as Know…
The Government of India has approved the proposal for setting up of Indian Institute of Skills (IISs) in 3 locations in the country namely Mumbai, Kanpur and Ahmedabad. The vision behind setting up IIS is to build world-class skill training centres by learning from and imbibing best practices from internationally renowned existing skill institutions. The existing…
Expedia Group has announced the resignation of Mark Okerstrom as CEO and a member of the Board of Directors and CFO Alan Pickerill, effective immediately. Barry Diller, Chairman of the Board, and Vice Chairman Peter Kern, Director of Expedia, will oversee the company’s executive leadership team, managing day-to-day operations, while the Board determines the long-term…
Polaris Inc. has announced several changes to its senior leadership team. Current president of Motorcycles, Steven Menneto, has been named president of Off Road; Michael Dougherty, president of International, has been named president of Motorcycles in addition to his role as president of International; and Chris Musso, president of Off Road, has been named to…
PwC India has launched Demand Driven Materials Requirement Planning (DDMRP) offering as a part of its Supply Chain Transformation suite of solutions. The offering, aimed at manufacturing and distribution companies, will help significantly reduce inventories, while improving service levels. PwC has deep expertise in the area and has partnered with The Demand Driven Institute (DDI)…
Nivesh.com, mutual funds investment platform, has raised $600,000 led by Windrose Capital’s The Next Billion Fund, along with other marquee investors as well. The company was founded by Anurag Garg and Sridhar Srinivasan in 2016. These funds will be used by the company to attract talent and accelerate growth. It will also utilize the funds…
Ministry of Textiles has been implementing training and skill development in all segments of textile sector across all value chains, with a view for capacity building and employment generation in the sector. During the period 2010-2017, under Integrated Skill Development Scheme (ISDS) in the textiles sector, 11.14 lakh persons have been provided with skill development,…
The Myers-Briggs Company, a Certified B Corporation helping organizations in all industries solve the most perplexing people challenges, released a new report: ‘the always-on culture’. The research surveyed 1,116 respondents explored how personality type affects attitudes and behavior, as well as productivity and engagement in our new technology environment of 24/7 information and constant connectedness.…
RBL Bank, has announced that it has successfully concluded the QIP of Rs. 2,025 crore at the issue price of Rs. 351 per share (including premium of Rs. 341) pursuant to the allotment of 5.77 crore equity shares. The Bank had received approval for the capital raise from its Board of Directors on April 18,…
Tata Consultancy Services, announced that its cloud-based clinical solutions and services suite, TCS Advanced Drug Development (ADD), has won an award in the category of Excellence in Ancillary Pharma Services, at the lndia Pharma Awards 2019. The lndia Pharma Awards bring together industry pioneers and recognize outstanding examples of innovation that improve the pharma industry.…