HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.
Hyundai Motor Group announced that Euisun Chung, Executive Vice Chairman, was inaugurated to the position of Chairman of the Group. Chairman Mong-Koo Chung was inaugurated to the position of Honorary Chairman. Hyundai Motor Company, Kia Motors Corporation and Hyundai Mobis Co. each held extraordinary board meetings to discuss the inauguration. All members of the boards…
Wow! Momo, a Kolkata-based chain of fast-food restaurants that specializes in momos has announced that it has raised Rs 45 crore in debt funding from Anicut Capital. The company will primarily use the debt funding to repay a loan of Rs 35 crore it had raised from Avendus Finance in 2018. Founded in 2008 by…
HCL Technologies (HCL), a leading global technology company, announced it has won the ‘Proactive Customer Service 2020 Microsoft Partner of the Year’ Award. HCL was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology, the press release said. “The Global Partner…
Pepper Content, a mediation platform that connects talented writers to organizations that require content, announced that it has raised $4.2 million in Series A funding led by Lightspeed India. Angel investors that participated in the funding round include Upwork founder Beerud Sheth, Coinbase CTO Balaji Srinivasan, Unacademy cofounder Gaurav Munjal and AngelList’s Utsav Somani. The…
Yotascale, the industry leader in next-generation cloud cost management software, announced that it has secured $13 million for its Series B round, bringing its total capital raised to $25 million. The round was led by Felicis Ventures’ Aydin Senkut, alongside existing investors, Crosslink Capital, Pelion Ventures, and Engineering Capital. Yotascale’s software provides engineering teams, who…
Facebook India announced the appointment of Sunil Abraham as its new public policy director for data and emerging technology. He will report to Ankhi Das, Facebook’s Public Policy Director for South & Central Asia. In his new role, Abraham will direct the company’s stance on technology-related policy issues in India. Abraham will be responsible for…
Subex, a pioneer in Digital Trust, announced the appointment of Suresh Chintada as Chief Technology Officer (CTO), effective October 12, 2020. Suresh brings with him his wide-ranging leadership, managerial and technical expertise accrued across his overall experience of over 27 years. Prior to this role, Suresh has worked with organizations in the communications domain such…
Synopsys announced that Shankar Krishnamoorthy has been promoted to GM of the Digital Design Group. Krishnamoorthy, who rejoined Synopsys in 2017, is an electronic design automation veteran with 25 years of experience bringing to market high-value, market-leading physical design and logic synthesis solutions. Most recently, Shankar was senior vice president of the Digital Implementation group,…
Union Pacific named Rahul Jalali as the company’s Chief Information Officer, effective Nov. 2. He will report to Lance Fritz, Union Pacific chairman, president and chief executive officer. In his new role, Jalali will lead the development, implementation and operation of Union Pacific’s information and telecommunications technologies. “Union Pacific is committed to investing in technology…
Coca-Cola has announced key changes in the leadership team of its India and South West Asia operations. The company has appointed Neeraj Garg as the new Chief Executive Officer of Hindustan Coca-Cola Beverages (HCCB), effective January 1. Garg succeeds Christina Ruggiero. Prior to this role, Garg served as the President of the West Africa Business…
International Airlines Group (IAG) has announced changes to its senior management team with immediate effect. As part of major changes, Alex Cruz, British Airways chairman and chief executive, is to step down as chief executive and remain the airline’s non-executive chairman. Sean Doyle, Aer Lingus chairman and chief executive, will become the new chief executive…
Tata Consultancy Services, a global IT services, consulting and business solutions organization, announced that Bahrain Development Bank (BDB), a development finance institution established by the government of Bahrain, focusing on financing and development of small and medium businesses, to encourage and support entrepreneurship in the Kingdom of Bahrain, has selected the TCS BaNCS Global Banking…
India’s e-commerce giant Flipkart and its US-based parent Walmart have invested $30 million in Ninjacart, a fresh produce supply chain startup, according to the ETtech report. Flipkart and Walmart said in a joint statement that the investment would deepen their partnership with Ninjacart and would improve its offerings and enhance customer experience. “The e-grocery market…
Diligent Corporation, a leading modern governance company whose solutions are trusted by nearly 700,000 board directors and leaders, announced the appointment of Lisa Edwards as President and Chief Operating Officer. She will report to Diligent CEO Brian Stafford. Prior to this role, Edwards worked with Salesforce where she served most recently as EVP Strategic Business…
Wix has announced a partnership with Vodafone. Wix will be available via the Vodafone Business Marketplace platform, enabling Vodafone customers to build a stunning online presence or online store, which are critical for businesses today. Vodafone’s business customers in the UK will be the first to benefit from the collaboration. As part of the partnership, Vodafone…