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Rapid technological advancements in HR are making a wave globally but in India, almost one-fourth HR managers are still uneasy about this change. This and more related facts surfaced from a new survey conducted by TimesJobs. Here are some more findings: Of the 25% HR managers who claimed that they are uneasy using technology in…
The Global Grad Show in partnership with The Investment Corporation of Dubai unveils this year’s programme including the main exhibition featuring 150 life-changing inventions by the next generation of designers from across the globe. New this year is the Innovation Conference which looks at creativity in the age of artificial intelligence and automation. Another first…
Tata Consultancy Services (TCS) announced that CRN Magazine has presented its Women in Channel “Woman of the Year” Award to Seeta Hariharan, General Manager, and Group Head, TCS Digital Software & Solutions Group (DS&S). The inaugural Women in Channel Awards recognize the achievements of entrepreneurs, leaders and exceptional employees who act as role models for…
Bharti Airtel International B.V., doing business in Africa as Airtel Africa has raised $1.25 billion (over Rs 9,200 crore) by issuing fresh shares to six global investors including Warburg Pincus, Temasek, Singtel, and SoftBank Group International. The company organized a two-stage fundraise to manage its debts. The transaction will not be involving any sale of shares…
Wipro Limited, the India-based information technology, consulting and business process services company headquartered in Bengaluru has appointed former State Bank of India chairman Arundhati Bhattacharya as an independent director for a term of 5 years, with effect from January 1, 2019. “I am delighted and privileged to be invited to join the Board of Wipro Ltd.,…
The Coca-Cola Company today announced new roles for four operational leaders, including the naming of two new group presidents. The company also announced the creation of a Global Ventures position. The promotions are a follow-up to an earlier announcement about the company’s election of a new president and chief operating officer and the transition to…
The Coca-Cola Company, an American manufacturer, retailer, and marketer of nonalcoholic beverage concentrates and syrups, best known for its flagship product Coca-Cola, on Thursday announced Key Leadership Changes. Smith named president and COO: The company announced that the Board of Directors had elected Brian Smith to Serve as Incoming President and COO effective Jan. 1, 2019. Smith…
ClearTax, an income tax return e-filing platform and investment platform announced on Tuesday that the company has raised $50 million ( about Rs. 300 crores) in a Series B round led by Composite Capital. The last time ClearTax raised funds was in June 2016, it raised $12 million from SAIF Partners along with $2 million in seed funding from…
KKR Capstone, an important driver of value creation for KKR and KKR portfolio companies today announced the appointment of Ananya Tripathi, former Myntra Chief Strategy Officer, as the Director of KKR Capstone in India, effective from January 2019. KKR Capstone has over 90 team members globally, with more than 20 based in Asia, made up of…
Accenture, the global management consulting and professional services firm, on Sunday, announced the acquisition of DAZ Systems, Inc., a provider of Oracle ERP Cloud services. Headquartered in El Segundo, California, DAZ was founded in 1995. “DAZ has extensive experience implementing Oracle Cloud solutions, which complements Accenture’s established credentials across the Oracle Cloud portfolio,” said Bhaskar Ghosh,…
Amazon, the American e-commerce giant and cloud computing company has decided to open a new office in Manchester and will be creating more than 1000 jobs in the fields of research and development in the UK. The new Manchester office will be house at least 600 new employees working on software development, machine learning and research and…
Paytm, the Indian e-commerce payment system and digital wallet company based out on Noida announced on Monday that the firm has launched a QR based smartphone payment service in Japan called PayPay. Paytm has launched the service in collaboration with SoftBank Corp and Yahoo Japan Corporation. With the newly developed service, users can store money from…
Tata Consultancy Services Limited (TCS), the Indian multinational information technology service, consulting company has decided to restructure its industry solutions units (ISUs), giving almost 200 employees control of them and quarterly target goals as it looks to free up senior executives to focus on long-term strategy. Earlier in 2008, TCS broke up its business into smaller…
Reliance Industrial Investments and Holdings Limited, a wholly owned subsidiary of Reliance Industries Limited, on Wednesday announced that it has successfully acquired 12.7% shareholding in SkyTran Inc. Founded in 2011, SkyTran, Inc. is a venture capital and private office funded high technology company focused on advanced transportation solutions. “Reliance has made a strategic investment into…
Facebook Inc. which has been facing several criticisms for the past few years has hired the former UK deputy prime minister, as its head of global policy and communications. Clegg, 51, will be succeeding Elliot Schrage. The Social media giant has been facing severe political pressure over issues such as data scandals, spreading fake news, and the…