Autodesk India has appointed Sunil Pandita as head of its Architecture, Engineering and Construction (AEC) business for the India & SAARC region. Sunil will be responsible for driving Autodesk India’s strategy to foster growth in this fast growing and dynamic segment. Globally and in India too, AEC is amongst the fastest growing industry segments for…
Yahoo! Appoints Michael Barrett as Executive Vice President and Chief Revenue Officer
by •
Yahoo! Inc. has appointed Michael Barrett as Executive Vice President and Chief Revenue Officer. Barrett will be responsible for Yahoo’s advertising revenue and operations globally for the company, with Americas, EMEA and APAC regional leads reporting to him. "Michael Barrett is regarded as one of the most successful and influential executives in media and technology,…
Updated: HCL Tech confirms – Vineet Nayar to continue as CEO and Vice Chairman
by •
HCL Tech has provided clarification with regards to news in media & related speculation about Mr. Vineet Nayar exiting the company. The company has informed BSE – "As a onetime exception to our stated policy of not responding to speculations and rumors, HCL Technologies confirms that Mr. Vineet Nayar is and will continue to be…
Air Works invests in Empire Aviation
by •
Air Works India Engineering Pvt Ltd (Air Works), India’s leading provider of Aviation Services, today announced that it has made a strategic investment in Dubai based private aviation specialist, Empire Aviation Group FZCO (EAG). This move will help Air Works increase its footprint in the Middle East and provide world class aircraft management services to…
Krispy Kreme doughnut’s ties up with Landmark group to set up 80 outlets in next 5 years
by •
It seems that the Indian foodies are developing a taste for doughnuts. Recently we had seen the debut of Dunkin Donuts in Delhi in May 2012. Earlier Dunkin Donuts had announced a franchisee agreement with Jubilant Foodworks to “to develop, sub-franchise, and operate more than 500 Dunkin’ Donuts restaurants throughout India over the next 15…
Avoid using your official e-mail account to send your job application to a recruiter ..
by •
A number of professionals, at times end up sending their resumes & job application using their official e-mail accounts. Some are also in the habit of registering on job portals using their official e mail id’s. This habit / practice / ignorance is difficult to understand, specially when it should be simple to understand that…
Facebook CTO Bret Taylor to exit..
by •
Rajat Gupta found guilty of insider trading
by •
Mr. Rajat Gupta , a former director at Goldman Sachs and Procter & Gamble has been convicted on three counts of securities fraud and one count of conspiracy for passing along confidential insider information about the companies to a hedge fund managed by his friend Raj Rajaratnam . He was found not guilty on two…
GE to invest $ 200 million in its new manufacturing facility in Pune
by •
GE is establishing a new manufacturing facility at Chakan, Pune to develop localised products and solutions for the energy sector in its first phase of operations commencing 2013. GE India today (15th June 2012), has signed a Memorandum of Understanding (MOU) with the Government of Maharashtra , followed by a ground breaking ceremony at the…
Cognizant enters into a 7 year, $ 330 million agreement with ING U.S.
by •
Cognizant has entered into an agreement with ING to create a centre of excellence (COE) for insurance & finance business process services. As a part of the agreement about 1000 ING US employees will join Cognizant to create the US based COE. The agreement with ING enables the Cognizant COE to offer comprehensive array of…
Corporate espionage via social media rampant in India Inc.: ASSOCHAM Survey
by •
Sandeep Girotra joins Ranbaxy as Global Head of HR
by •
Sandeep Girotra (ex Convergys) has taken over as Sr. Vice President and Global Head – HR for Ranbaxy. Sandeep is a graduate from TISS (Tata Institute of Social Sciences) and Hindu College. In his previous role he had a short stint with Convergys. He had joined Convergys last year in July 2011 as Head of…
Nokia may look at about 10000 job cuts across its operations by end of 2013
by •
Nokia, has announced a series of measures aimed at bringing better business focus, ensuring operational efficiencies and getting back to profitability. It has also announced the revamp of its leadership team. As a result of the planned changes announced today, Nokia plans to reduce up to 10,000 positions globally by the end of 2013. Towards…
Nokia announces changes in its leadership teams
by •
Espoo, Finland – Nokia today announced that it has appointed Juha Putkiranta as executive vice president of operations; Timo Toikkanen as executive vice president of Mobile Phones, Chris Weber as executive vice president of sales and marketing; Tuula Rytila as senior vice president and chief marketing officer; and Susan Sheehan as senior vice president of…
EQT VI to acquire Vertu from Nokia
by •
Espoo, Finland – Nokia has agreed terms for EQT VI, part of the leading private equity group in Northern Europe, to acquire Vertu, the global leader in luxury mobile phones, from Nokia. Nokia believes that this is the best option for the next step in Vertu’s journey of delivering excellence, enabling the brand to focus…