Category: Corporate

Schneider Electric accelerates its sustainability strategy

Schneider Electric, the provider of digital transformation of energy management and automation, has doubled down on its long-standing strategy to embed environmental, social and governance considerations into every facet of its activities – and to assist its customers and business partners in achieving their own sustainability objectives. The announcement coincided with the news that Corporate Knights,…

Everest Group names Persistent a Major Contender in its Salesforce Healthcare Services PEAK Matrix® Assessment 2021

Everest Group has named Persistent Systems and to its ‘Major Contenders’ category in its Salesforce Healthcare Services PEAK Matrix® Assessment 2021. Everest Group assessed 18 service providers for the Salesforce healthcare services PEAK Matrix®. The PEAK Matrix provides an objective, data-driven assessment of service and technology providers based on their overall capability and market impact across different global services markets,…

00X.VC Reveals the Names of 10 Startups that have joined its Class 03 Portfolio

In a bid to strengthen the Indian startup ecosystem, 100X.VC has announced 10 seed-stage startups that are now a part of its Class 03 portfolio. The startups were handpicked from 1,677 applications, out of which, 303 applicants had passed the meticulous initial diligence process, a statement made by the company said. The names were revealed…

WNS revises full year guidance, net profit up 6%

WNS has announced its fiscal 2021 third quarter Earnings and has revised full year guidance. The company reported profit of $31.0 million, compared to $30.9 million in Q3 of last year and $29.2 million last quarter. “Our fiscal third quarter results continue to demonstrate the strategic importance of our BPM solutions and resilience of the…

Xoxoday to expand operations to Ireland

Xoxoday has expanded its operations to Ireland with the opening of office in Dublin. The company informed, “The new centre will have a mix of junior and senior employees in digital sales, digital marketing and customer relations. The Bangalore-based firm also has offices in Australia, the Philippines, Singapore, the UAE, the UK and the US.”…

Tanla partners with Microsoft to launch blockchain-enabled CPaaS platform

Tanla Platforms Limited and Microsoft has announced the launch of Wisely, a blockchain-enabled communications platform-as-a-service (CPaaS) offering built on Microsoft Azure. A marketplace for enterprises and suppliers, Wisely offers a global edge-to-edge network that delivers private, secure, and trusted communication experiences. Microsoft is the development partner who architected and built this platform for Tanla. Uday…

L&T Technology Services Reports Q3FY21 with growth across all segments

L&T Technology Services Limited, a pure-play engineering services company, has announced its results for the third quarter ended December 31, 2020. “We had a strong performance with sequential improvement in both revenue and operating margin. All five of our industry segments grew sequentially, with three segments recording growth of 5% plus. Deal wins were especially strong…

WayCool Foods join hands with IIT-Hyderabad

WayCool Foods has signed a 3-year MoU with IIT Hyderabad (IIT-H) to develop antimicrobial food packaging material by using biopolymers. The MoU was signed and exchanged between Karthik Jayaraman, CEO, WayCool Foods and SumohanaChannappayya, Dean (R&D), IIT-H in Hyderabad. WayCool will invest close to INR 2 million over a period of 3 years of this association.…

Kontoor Brands to Lead Integrated Strategy for Lee and Wrangler in India

Ace Turtle, India’s omnichannel retail platform company, has reached a definitive agreement with Kontoor Brands to become its licensee for India. The partnership will enable Kontoor Brands’ portfolio, including Lee® and Wrangler®, to be sold through a digitally connected network of online retailers and branded brick and mortar stores.  Commenting on the partnership, Nitin Chhabra, CEO, Ace Turtle said, “Retail is undergoing a…

Housing.com partners with MoEngage

Housing.com, a real estate portal, has signed MoEngage to help increase its push delivery rates and drive better stickiness with hyper-personalized engagement. The decision comes on the back of a three month long POC that clearly established the uplift in deliverability and conversions brought about by MoEngage’s insights led engagement platform. Housing.com and MoEngage, has…

Comviva introduces next-gen Digital Services Delivery Platform

Comviva, a provider of mobility solutions, has introduced its next-gen Digital Services Delivery Platform (DSDP). The platform will empower Communication Services Providers (CSPs) with business agility to offer new digital experiences and embrace new growth opportunities, a statement made by the company said. Comviva’s DSDP is an integrated Digital Services delivery platform for offering digital services with…

Infosys to onboard design agency – Carter Digital

Infosys has announced a definitive agreement to purchase assets and onboard employees of Carter Digital, one of Australia’s experience design agencies. This asset takeover will strengthen Infosys’ global design and experience offerings. Carter brings to Infosys, experts in human centered design, experiential, enhanced digital transformation, customer interaction expertise, and will also cement WONGDOODY, an Infosys brand,…

L&T’s construction arm receives multiple orders for various businesses

Larsen & Toubro, the Infrastructure company – has announced that its construction arm has secured multiple orders from “prestigious clients for various businesses.” The Commercial and Residential Spaces arm of the Buildings & Factories business has won an order from a reputed developer to construct an office space in Mumbai, the company said in a…

Nokia selected for U.S. Federal 5G Cybersecurity Project

Nokia has announced it has been selected as a technology provider and collaborator by the National Cybersecurity Center of Excellence (NCCoE) 5G Cybersecurity Project. Nokia will work with NCCoE and other key vendors, including members from government and industry to ensure the transition from 4G to 5G networks is secure.   Nokia was selected by NCCoE…