E-commerce enabler firm Ace Turtle is set to get Kontoor’s Lee and Wrangler brand rights, according to reports. A spokesperson of Kontoor Brands said – “To adapt to a market that is increasingly online and, as part of a strategy to ensure maximum reach and access to customers across India, our much-loved brands, Lee and…
Category: Corporate
Singapore Airlines and Vistara strengthen commercial partnership
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•Singapore Airlines and Vistara, a joint venture between Tata Sons Private Limited have signed a Commercial Cooperation Framework Agreement. This agreement will further strengthen SIA’s and Vistara’s existing partnership and enable them to offer services to their customers by harmonizing efforts in capacity planning, sales, marketing, joint fare products, customer services and operations. The agreement,…
ProLabs expands operations in Europe and India to meet demand
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•ProLabs, the independent supplier of fibre optic transceivers and high-speed cabling is expanding its European & India operations as a result of new business across UK, Germany, France, and India. According to the statement by the company, the business has grown by over 100% year on year. Due to this, it has increased its manufacturing…
Malavika Hegde appointed new CEO of Coffee Day
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•Indosat Ooredoo partners with Comviva to accelerate growth
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•Comviva, mobility solutions provider and Indosat Ooredoo, Indonesia’s mobile operator have announced a strategic partnership. As per the announcement – The partnership will help enhance Indosat’s customer first marketing capabilities through Comviva’s AI based advanced analytics and marketing automation solution. The MobiLytix™ Real Time Marketing platform will deliver contextual, in-the-moment, omni-channel marketing initiatives to enhance…
RMZ divests 18% of their real assets to Brookfield
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•Privately-owned owner and operator of real assets, RMZ Corp has completed the sale of 12.8M sft. of 67M sft. (circa 18%) of their Real Estate assets to a fund managed by Brookfield Asset Management, for US $2 Billion. The US$2 Billion deal will fuel RMZ’s strategy of growing their real asset portfolio to 87M sft.…
Weir Group inks a strategic alliance with Microland
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•Microland, a global digital transformation company has been selected by The Weir Group, a global engineering company headquartered in Glasgow, Scotland, as a key partner to support the development and execution of its digital roadmap. In the first phase of the strategic program, Microland has setup a 24×7 facility to support the management of Weir’s…
Greaves Cotton to shut Ranipet plant
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•Engineering company Greaves Cotton has concluded to shut its Ranipet plant, said group CEO and Managing Director Nagesh Basavanhalli, It will continue to work on operational efficiency. This is done as part of its exercise for consolidation of plants, he added. The company expects passenger three-wheeler segment to recover in the second half of this…
Spacetech start-up Agnikul signs agreement with ISRO
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•Department of Space and IIT Madras-based space-tech startup Agnikul Cosmos Private limited have inked an agreement under IN-SPACe (Indian National Space Promotion and Authorization Center) entity, that will help the startup to build its rocket by giving access to the Indian Space Research Organisation (ISRO) facilities and technical expertise. Pursuant to the agreement, the space-tech…
Gupshup rolls out 2-way messaging solution for enterprises
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•Gupshup has launched a two-way communication and interactive messaging solution. This will help enterprises, without having to download an app, to send customised commercial SMS using images, audio, videos, documents etc. “The SMS industry is evolving into a more advanced platform for enterprises who want to offer a personalised, interactive and conversational experience to its…
Caspian Debt and IIM-A incubator partner to launch Innocity Startup School
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•Caspian Debt, Hyderabad-based multi-sector debt funding company, and Center for Innovation Incubation & Entrepreneurship (CIIE), the incubator of IIM-Ahmedabad have partnered to launch the Innocity Startup School. With a 14-week, non-residential programme, the Innocity startup school, support and enhance the skills of startups in their early stages. It aims to help students and entrepreneurs that…
Bengaluru-based PhonePe raises $700 million as it becomes a separate entity
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•Flipkart, e-commerce marketplace, has announced a partial spin-off of PhonePe, digital payments platform. The development is made so that PhonePe can access dedicated capital to fund its long-term ambitions over the next three to four years. The partial spin-off also provides payments platform an opportunity to constitute a new Board of Directors focused on supporting…
Infosys partners with AND to improve Digital Learning Experiences for People with Disability
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•Infosys, a consulting and digital services provider, has planned to focus on improving digital accessible learning experiences for people with disability. This announcement is build on Infosys’ ongoing commitment to building platforms and infrastructure for a diverse and inclusive workplace. Infosys Wingspan, a next-gen digital platform of Infosys will work towards building digitally accessible learning…
Wipro bags a multi-year contract from Verifone
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•Wipro Limited, a global information technology, consulting and business process services company, has won a multi-year contract from Verifone, payments and commerce solutions provider, to drive agility across its cloud services offerings. An announcement made by the company, states – Wipro will develop new features, capabilities and interfaces for Verifone’s Cloud Services offerings, enabling transaction…
Daffodil Software to create 500 new jobs in 2021 with 45% business growth amid COVID-19
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•The new job opportunities will be open across levels and profiles including software engineers, UI/UX designers, project managers, business analysts, and moreDaffodil Software, a software solutions company is set to create 500 jobs over the next few months. The move comes after the IT services provider witnessed a growth during the COVID-19 outbreak with a…