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Hilton, the leading global hospitality company, has been named as one of the World’s Best Workplaces by Fortune magazine and Great Place to Work. For the second consecutive year, Hilton has ranked #2 on the list of the top 25 companies and remains the only hospitality company on the list. Over the past four years,…
MSCI Inc., a leading provider of critical decision support tools and services for the global investment community, has announced that its subsidiary MSCI Barra (Suisse) Sàrl has completed its acquisition of Zurich-based environmental fintech and data analytics firm specializing in climate change scenario analysis, Carbon Delta AG (“Carbon Delta”). The agreement was originally announced on…
Flex GBS (Global Business Services) India has been named as one of the Top-20 Most Admired Shared Services Organizations in 2019 by SSON Analytics, the global data analytics center of the Shared Services & Outsourcing Network (SSON). Flex GBS India is staffed by more than 5,000 employees and provides centralized services in the areas of…
HireRight, one of the leading employment screening and verification company with a presence in over 200 countries, has announced the acquisition of J-Screen and PeopleCheck, the leading background screening providers based in Tokyo, Japan, and Newcastle, Australia. HireRight, headquartered in Irvine, CA, is one of the leading providers of global employment background checks, drug testing,…
Rockwell Automation Inc. has announced a senior leadership transition in its Operations and Engineering services. Rockwell Automation Inc. headquartered in Milwaukee, Wis. is one of the leading businesses in the field of industrial automation and information. Ernest Nicolas, currently vice president, global supply chain, has been promoted to senior vice president, Operations & Engineering Services,…
Philip Morris International Inc. has earned four prestigious honors in the 2019 Golden Bridge Business and Innovation Awards®, the world’s premier “Business Awards” program honoring achievements in every industry around the world. More than 150 judges from a broad spectrum of industries participated in the 11th annual awards with their average scores determining the winners.…
Jindal Steel and Power Ltd (JSPL) on Wednesday announced the appointment of Sudhanshu Saraf as Chief Executive Officer of its steel business with immediate effect. His appointment comes a day after the company announced the elevation of Naushad Akhter Ansari from his previous position as CEO (steel business) to Joint Managing Director of JSPL. “We welcome…
Ratnakar Bank Limited, a scheduled commercial bank headquartered in the Mumbai region of Maharashtra, today announced the appointment of Pankaj Sharma as Chief Operations Officer. Pankaj will oversee the bank’s operations and corporate services function. He would be reporting to R. Gurumurthy, Head of Risk & Governance at the Bank. Previously, he was working with Axis…
One of the world’s largest steel producers ThyssenKrupp, on Monday announced the appointment of Vivek Bhatia as the Managing Director and Chief Executive Officer of ThyssenKrupp Industries India. This appointment will be effective from January 1, 2019. “I am pleased to welcome Vivek to his new role and thrilled to have his leadership at ThyssenKrupp Industries…
Taiwanese multinational electronics contract manufacturing company, Foxconn Technology Group will invest well over Rs 1,500 crore to have new production lines to manufacture certain iPhone models in its factory in Sriperumbudur near Chennai, according to an ET post. Currently, Wistron, another Taiwanese smartphone manufacturing company makes Apple phones such as the iPhone 6S and SE models in Bengaluru in…
The Debt-laden Infrastructure Leasing & Financial Services (IL&FS) on Wednesday announced the appointment of retired Indian Administrative Service official Bijay Kumar as its deputy managing director. The company has also appointed N Srinivasan as a non-executive director of the company. According to the company’s regulatory filing, the decision about their appointments took place during the board…
Global investment firm KKR-backed hospital management company Radiant Life Care has acquired a majority stake in Max Healthcare Institute Limited from Max India Limited. Radiant Life Care will be acquiring 49.7% stake in Max Healthcare from South Africa-based hospital operator Life Healthcare in an all-cash deal. The acquisition will be followed by a de-merger of…
The world’s largest furniture retailer IKEA is planning to invest Rs 5,000 crore in Uttar Pradesh. IKEA, which is planning to set-up a large format store in Noida, has signed a memorandum of understanding (MoU) with the Uttar Pradesh government for opening stores in the state. The investment would create over 8,000 direct and indirect job opportunities…
Online food delivery startup Swiggy has raised $1 billion in a fresh round of funding led by South African multinational internet and media group Naspers, with the entry of new investors like China’s Tencent, Hillhouse Capital, and Wellington Management. Avendus Capital was the financial advisor to the transaction. According to sources, with this new round of funding…
Apple Inc. the American multinational technology company headquartered in California, today announced that John Giannandrea has been named to the company’s executive team as senior vice president of Machine Learning and Artificial Intelligence Strategy. He joined Apple in April 2018. Apple’s move comes as the company’s HomeKit devices are facing competitions from Amazon’s Echo and…