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Finastra and Microsoft Corp. announced a strategic, multiyear cloud agreement to help accelerate the digital transformation of financial services. “This is a truly exciting step change in the relationship between our two companies,” said Simon Paris, CEO, Finastra. “We believe the future of finance is open. Together with Microsoft, we can provide people, businesses and…
Tata Consultancy Services, a global IT services, consulting and business solutions organization, announced that it has been awarded Association of Talent Development’s (ATD’s) Best of the BEST Award, for the second time in a row, for strategically investing in talent development and creating an environment where everyone can learn and contribute. ATD’s BEST Award recognizes…
Ola Foundation, the social welfare arm of Ola, released a report detailing the impact of the ‘Drive The Driver’ fund and its efforts in assisting driver-partners and their families during the ongoing COVID crisis. Launched in March, the fund assisted the driver community through contributions from the Ola Group, its employees, Bhavish Aggarwal, co-founder and…
Infosys, a leader in next-generation digital services and consulting, announced that it has been selected by Consolidated Edison Company (Con Edison), one of the oldest Fortune 500 utility companies serving New York City and surroundings, to digitally transform Con Edison’s customer service capabilities over the next four years. According to the Company’s press statement, Infosys…
DDB Worldwide, one of the world’s largest advertising and marketing networks, announced key leadership appointments, promoting Marty O’Halloran to Global Chief Executive Officer and naming Justin Thomas-Copeland as Chief Executive Officer of the network’s North America region. Prior to this role, O’Halloran served as Chairman and CEO of DDB Group across Australia and New Zealand,…
Fund+, an investment firm focused on innovative European Life Sciences companies, announced that it has led the €38 million Series B financing in Indigo Diabetes. Indigo is developing a novel ‘invisible’ continuous glucose monitoring device for diabetics. Jan Van den Bossche, Partner at Fund+, will join the Board. Indigo has developed a small chip using…
Steadview Capital, a leading Asia-focused alternative asset manager that makes concentrated long-term investments in listed as well as unlisted companies across multiple industries, announced that it has invested $85 million, through a secondary transaction, in SaaS major Freshworks, as it bulks up its India portfolio with yet another unicorn, Ravi Mehta, Managing Director of the…
Tata Consultancy Services, a global IT services, consulting and business solutions organisation, announced that it has supported the Engineering Development Trust (EDT), its long-term STEM skills partner, launching virtual educational programmes for school and college students, through its TCS iON Digital Learning Platform. Due to COVID-19 restrictions, experiences of work, technical skills trainings’, and EDT…
Infosys, a global leader in next-generation digital services and consulting, announced that it has been awarded the 2020 ServiceNow Global Service Provider Partner of the Year for achieving overall excellence in delivery and ServiceNow pipeline growth. The ServiceNow Global Alliances and Channel Ecosystem acknowledged the achievements of its best-in-class partners by evaluating a combination of…
Friendemic, providers of the only online reputation solution built specifically for the needs of the automotive industry, announced the appointment of industry veteran Denise Chudy as its Chief Growth Officer. Chudy has also been appointed a member of the Friendemic Board of Directors. In her new role as Chief Growth Officer, Chudy will be responsible…
Globant, a digitally-native technology services company, announced a series of appointments to expand its global management team as it grows around the globe. The company said it has decided to expand its senior leadership team to accommodate the need for growth, development and diversity. Fernando Matzkin has been appointed Chief Business Officer, North America. Matzkin…
Thomson Reuters announced the appointment of two key executives to the leadership team under Steve Hasker, president and CEO of Thomson Reuters. “I am pleased to welcome Kirsty Roth as our Chief Operations and Technology Officer, and David Wong as our new Chief Product Officer,” said Hasker. “As a business whose customers truly value our…
India’s largest budget carrier IndiGo recently said that it has further deepened pay cuts for its senior employees and pilots by 10-13%. The recent development at the budget carrier comes just a week after it announced plans to lay off staff to tide over the coronavirus crisis. According to a Mint report, the salary cuts…
itopia, cloud-native automation, and orchestration solution for Google Cloud Platform recently announced its expansion to India and the broader APAC region by hiring Harshal Pendse as Vice President and Country Manager of India. Pendse will manage itopia’s business operations in the enterprise, mid-market, and SMB segments, overseeing professional services, technical pre-sales, and post-sales functions across…
SATYA MicroCapital Ltd, a RBI registered NBFC-MFI, announced that it has successfully raised Rs 72.5 cr via Swiss impact investor BlueOrchard Finance Limited for the second time since its inception in 2017. The funding is received through InsuResilience Investment Fund (IIF) and Japan ASEAN Women Empowerment Fund (JAWEF) managed by BlueOrchard, the Company said in…