Pratibha Jain, Head of the Delhi office of Nishith Desai Associates has joined Everstone as Group General Counsel & Head of Corporate Affairs. Founded in 2006 by Atul Kapur and Sameer Sain, the Everstone Group is a private equity and real estate investment firm focused on supporting the aspirations of entrepreneurs, corporations and asset owners…
Category: Corporate
Bentley Acceleration Initiatives Acquires Indian Project Controls Specialist Nadhi Information Technologies
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•Bentley Acceleration Initiatives has announced the acquisition of Chennai, India-based Nadhi Information Technologies Pvt. Ltd., a specialist in project controls, analytics, and decision support for construction supply chains. Nadhi serves construction sector participants, including contractors Larsen & Toubro and Kalpataru Power Transmission Ltd., real estate developers Mahindra Lifespaces and RMZ, and owner-operators DMRC (Delhi Metro)…
Visa and Airbnb Partner To Get Hosts Paid Faster With Visa Direct
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•Visa, provider of digital payments service, and Airbnb, an online marketplace for lodging and experiences, has announced that Airbnb Hosts in select markets will be able to access their earnings more quickly, a statement said. “Through Airbnb’s use of Visa Direct[1], Visa’s real-time[2] push payments platform, Hosts will have an option to move money from Airbnb…
CtrlS Datacenters partners with Canara HSBC Oriental Bank Of Commerce Life Insurance
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•CtrlS Datacenters, Asia’s rated-4 hyperscale data center and managed services player has recently collaborated with Canara HSBC Oriental Bank Of Commerce Life Insurance as a strategic technology partner to enhance their overall technology infrastructure resilience by deciding to operate out of one of CtrlS data center facilities thereby supporting and enabling the life insurer’s overall…
Motherson Group completes acquisition of majority stake in Plast Met Group
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•Motherson Group has completed the acquisition of majority stake in Turkey-based Plast Met Group. “With the successful closure of this acquisition, Motherson Group now has access to the significant Turkish automotive market,” a statement made by the group said. Speaking on the development, Chairman of Motherson Group – Vivek Chaand Sehgal stated, “Our footprint in the strategically…
Wipro, Citrix, Hewlett Packard Enterprise Partner to Accelerate Remote Working Solutions
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•Wipro Limited, a global information technology, consulting and business process services company, has announced that it has strengthened its alliance with Citrix Systems, Inc. and Hewlett Packard Enterprise (HPE). “The partnership will provide enterprises a robust solution that will accelerate remote working and bring modernization into workspaces. The solution offers a seamless framework to enable…
dotdigital partners with Adobe to power enhanced customer engagement
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•dotdigital, the marketing automation and customer engagement platform, has announced the renewal of its status as a Premier Partner in the Adobe Exchange Partner Program, building on a long-standing relationship. As a marketing automation partner for Adobe, dotdigital will continue to invest in Magento Commerce. The collaboration between dotdigital and Adobe underpins a joint commitment…
IIFL AMC appoints Amar Merani as Head of Real Estate Strategy
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•IIFL AMC has appointed Amar Merani as Head of the Real Estate Strategy. He will be responsible for managing investments and will help build the client base of the company. “With the emergence of REITs as a new asset class, real estate offers tremendous growth potential. Amar’s rich experience coupled with a deep understanding of…
Havells to Cover COVID-19 Vaccination Costs for All Its Employees Above 18 Years
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•Havells India Limited, a Fast-Moving Electrical Goods (FMEG) company, has announced that the company will cover the cost of COVID-19 vaccination for all its direct and indirect employees in India above 18 years of age, under the company’s Vaccination programme through a reimbursement process. Commenting on the initiative, Mr. V Krishnan, CHRO Havells said, “It is unfortunate…
Mindtree and Duck Creek Collaborate with UPC Insurance
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•Mindtree, a digital transformation and technology services company, has partnered with Duck Creek to improve customer experience for UPC Insurance customers through the implementation of SaaS-based core systems. “This includes policy, billing, claims, data insights, and insurance technology solutions as well as the consolidation of multiple applications on a single integrated platform, made possible with…
Hero Motocorp And Gogoro Announce Strategic Partnership To Accelerate The Shift To Electric Transportation In India
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•Hero MotoCorp Ltd. and Gogoro® Inc., has announced a strategic partnership to accelerate the shift to sustainable electric mobility in India. The partnership brings together Hero, the manufacturer of motorcycles and scooters, and Gogoro, the provider of urban battery-swapping and smart mobility innovation. The companies will establish a battery swapping joint venture to bring Gogoro’s battery…
AGP Group Announces Long-Term Partnership with BDT Capital Partners
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•AGP Group, a premier global provider of designing and manufacturing high-tech automotive glazing, has announced a strategic partnership and investment by funds affiliated with BDT Capital Partners, a merchant bank that provides family and founder-led businesses with long-term, differentiated capital, alongside the Mannheim family who will continue as the controlling shareholder. This new minority investment…
NielsenIQ and J.D. Power Enter Strategic Alliance to Bring Automotive Research to Major Growth Markets
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•NielsenIQ, a provider of global measurement, and J.D. Power, a provider of data analytics and consumer intelligence, has announced their intent to launch a multinational strategic alliance to bring automotive customer experience studies and deep auto industry data analysis to major growth markets such as India, Southeast Asia and the Middle East. “Drawing on the…
SAP India to extend WFH till December 2021
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•SAP, a business software solutions provider, has asked its Indian employees to work from home till the month of December, 2021 seeing to the rise in coronavirus cases. Speaking on the announcement, Sindhu Gangadharan, SVP and Managing Director at SAP Labs India stated, “The safety of our colleagues is #1 priority for us at SAP. In view of the…
Shipsy Eyes Major Expansion in the Middle East Market
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•Shipsy, a logistics SaaS company has unveiled its plans to increase its footprints in the Middle East by 2025. “Backed with funding from Sequoia’s Surge & InfoEdge, Shipsy is sailing high to deepen its presence in the Middle East region. The decision came in accordance with the increasing demand for logistics and supply chain automation,…