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Cognizant has been ranked #19 on Forbes’ 2020 list of “World’s Best Employers.” The award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry-ranking provider. The awards list was announced on October 15, 2020, and can be viewed on the Forbes website. “We recently launched our ‘Cognizant Agenda,’ a cultural blueprint…
PK, the global digital services firm that helps the world’s most customer-obsessed brands design, build and run the future has announced the appointment of Dinesh Venugopal as the new Chief Executive Officer, effective Nov. 2, 2020. A results-oriented business leader and innovator, Venugopal brings more than 25 years of management and digital services industry experience…
Persistent Systems, a global solutions company based out of Pune that delivers digital business acceleration and enterprise modernization for businesses across industries and geographies has announced that it has entered into an agreement to acquire CAPIOT, including its subsidiaries in Australia, India and Singapore. Founded in 2014, CAPIOT specializes in enterprise integration with valuable expertise…
Piramal Enterprises Limited announced the appointment of Kunal Bahl, CEO, Snapdeal and Suhail Nathani, Managing Partner, Economic Law Practice, as Independent Directors to its Board with effect from October 14, 2020. Kunal Bahl, is the CEO & Co-Founder of Snapdeal.com, India’s leading, value-focused e-commerce marketplace that has raised capital from leading global investors such as…
Getaround, the carsharing platform that empowers users to instantly access and drive cars nearby, announced a $140 million Series E financing from PeopleFund with new investors including Reid Hoffman’s and Mark Pincus’ Reinvent Capital, AmRest founder Henry McGovern, Pennant Investors, and VectoIQ partners Steve Girsky, Mary Chan, and Julia Steyn. Existing investors SoftBank Vision Fund,…
Infosys, India’s second-largest IT services firm, has said that it will roll out salary hikes and promotions across all levels, effective January 1. Infosys CEO Salil Parekh said that the company will pay a special bonus in the quarter to December, while paying 100% variable pay in the previous quarter. “We will pay a one-time…
Honeywell, a global leader in connected buildings, and Vertiv, a global provider of critical digital infrastructure and continuity solutions, announced that they will work together to create integrated solutions to optimize data center sustainability, resiliency and operational performance. These solutions are expected to be available in 2020. The partnership builds on Honeywell’s industry-leading building management…
GoDaddy, the company empowering everyday entrepreneurs has announced a partnership with EduSkills, a non-profit social enterprise designed to help boost entrepreneurship and digital skills development in India. With this partnership, GoDaddy and EduSkills aim to create a talent pool of thousands of skilled youth in the country, by offering GoDaddy’s newly created online training and…
Celonis, the global leader in Execution Management Systems (EMS), announced the acquisition of Integromat, an industry leading online automation platform. “This acquisition deepens the automation capabilities of the Celonis Execution Management System and strengthens Celonis’ ability to unlock execution capacity trapped by customers’ rigid and complex systems by intelligently automating actions across hundreds of systems…
Rajan Nanda Innovation Lab, an initiative of Escorts Ltd., has selected five start-ups in agri-tech, rail-tech and infra-tech through its Inter-College Innovation Challenge IC to fund, incubate & mentor. “All selected concepts would receive a seed funding from Escorts. Partial & limited financial assistance would also be provided to nine other ideas for building of…
Avataar.me, a 3D and Augmented Reality software that helps enterprise customers create immersive shopping experiences for end-users, announced that it has raised $7 million from Sequoia Capital India. Founded in 2014 by Prashanth Aluru, Sravanth Aluru, Gaurav Baid and Mayank Tiwari, Avataar’s vision is to bridge the gap between offline-online experiences by replacing the current…
Nokia and Google Cloud announced a five-year strategic collaboration that will see Nokia migrate its on-premise IT infrastructure onto Google Cloud. “Nokia will migrate its data centers and servers around the world, as well as various software applications, onto Google Cloud infrastructure,” the press release said. The deal reflects Nokia’s important operational shift to a…
Tata Elxsi, a world leading design and technology services company has announced its selection as a 3PL certification partner for Google Widevine. As part of the partnership, Tata Elxsi will deliver secure premium content protection for Broadcast, Media, Consumer Electronics and Automotive applications. This certification partnership further expands Tata Elxsi’s offerings and leadership in the…
Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups, announced that it has hired Rajesh “Raj” Kapadia as International Head of Capital Markets, effective January 2021. Kapadia will be based in New York and will report globally to Ko Oshima, International Supervision Executive of Capital Markets in Tokyo. He will have global…
Vodafone Idea has announced the resignation of Vishant Vora as Chief Technology Officer (CTO). In an e-mail response to PTI, the company mentioned that Vora has decided to return home to the US. “VIL recently completed the world’s largest network integration setting up a future ready network built on 5G architecture. Post consolidation, Vi GIGAnet…