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Mumbai based health insurance provider, Cigna TTK, established in 2012 as a joint venture between the global insurance giant Cigna and Indian conglomerate TTK. Cigna TTK ranked 96th on the list of 100 best places to work in India in 2018. Making it to the elite list for the third consecutive year in a row, the company…
Coca-Cola has appointed Asha Sekhar as its Vice President & Chief Digital Officer, India and South West Asia. In this newly created leadership role, which focuses on the company’s journey towards digital transformation, Asha will build foundations necessary for business growth, drive opportunities and strengthen Coca-Cola India’s digital ecosystem. Announcing the elevation, T Krishnakumar, President, Coca-Cola India & South…
Tata Consultancy Services Limited, one of India’s biggest employers for fresh engineering talent is changing its orthodox way of hiring engineering graduates. The firm will henceforth be conducting an online test called the National Qualifier Test (NQT) on its digital platform TCS iON. In the usual recruitment process, TCS visits engineering colleges and conducts recruitment…
Facebook has named Ajit Mohan as their Vice president and Managing Director for India. He has been the the Chief Executive Officer of Hotstar, the popular online streaming platform of Star network. At Facebook, Mohan will be responsible for aligning teams and driving Facebook’s overall strategy in India. He will be reporting to David Fischer, Vice-President…
The US-based IT firm Cognizant, on Monday, announced that the company’s Board has elected Michael Patsalos-Fox as its new Chairman. Patsalos-Fox, 65, succeeds John E Klein, who has served as Chairman for nearly 15 years and will remain a Board member. Prior to his new role, Patsalos-Fox was working with Finance, Management Development and Compensation, and…
L&T Technology Services Limited, a multi-national publicly-traded subsidiary of the Indian-based conglomerate Larsen & Toubro, today announced that the firm has won a multi-year deal worth $40 million to provide digital content management services to a leading technology company’s industrial products segment. In a press release, the company has said that it would be providing…
Kredent InfoEdge Pvt. Ltd., a leading FinTech (Financial Technology) company from Kolkata, has announced that it has received Pre-Series A funding from renowned stock market investor Mr. Ramesh Damani and others. Ramesh Damani has been a member of the Bombay Stock Exchange since 1989. He is well known for his exceptional skills in identifying promising businesses and invests in them…
Finland based telecommunications and consumer electronics company Nokia has cut 250 jobs at its site in Naperville, United States, and it is speculated that another 250 workers will lose their positions, a report by Crain’s Chicago Business said late on Monday. A Nokia spokesman confirmed to New York Times that jobs had been cut as part…
Confirming the rumors saying Adobe would be buying Marketo, Yesterday Adobe has released a press release on their official website about the $4.75 billion deal. Adobe is buying Marketo from Vista Equity Partners. Marketo, Inc. is a B2B software company focused on account-based marketing, including email, mobile, social, digital ads, web management, and analytics. It is…
The State Bank of India (SBI), the largest lender of the country has announced Prashant Kumar as their Chief Financial Officer (CFO). In 1983, Kumar joined SBI as Probationary Officer and since then he has held various important positions in Bank. Kumar is a Science graduate, he also pursued Law from Delhi University. He has diverse experience in various areas of banking…
Marc Benioff, the CEO, and Co-Founder of the famous cloud computing company Salesforce.com and his wife Lynne have decided to buy TIME media brand from Meredith Corporation for $190 million in cash. This deal will make Benioffs’ the owners of America’s most iconic news magazine. It is to be noted that this acquisition will stay…
Infosys, one of India’s largest IT services company, today announced a definitive agreement to acquire Fluido, the leading Salesforce advisor and consulting partner in Nordics for $76 million. This acquisition will help the firm to position itself as a leading salesforce enterprise cloud services provider and to provide their customers digital transformation. Fluido, founded in 2010, has…
Infosys, a Bangalore based Indian multinational corporation that provides business consulting, information technology, outsourcing, and next-generation services, today announced that it has made an additional investment of US$1.5 million through the Infosys Innovation Fund in TidalScale Inc., the company at the heart of the Software-Defined Server revolution. Infosys has previously invested US$ 1.5 million in…
The TimesJobs RecruiteX Biannual Jan-Jun 2018 Report is out. The report shows a significant rise in hiring activities among all the ten industrial sectors. In the past three years in the January-June review period, the IT industry has seen the highest growth. Some of the key highlights from this report are: Retail (19%), Healthcare/Pharmaceuticals (10%), BFSI (9%), FMCG (7%) and…
Andersen Global named the members of the European Regional Board of Directors. This regional board will advise the global organization on issues critical to the continent to ensure that the group is working in a seamless way across the different countries of the region, practice areas, industries and also on the management of common protocols.…