Chipotle Mexican Grill has announced that it is increasing restaurant wages resulting in a $15 average hourly wage by the end of June. The company informed in a statement, “In addition to best-in-class benefits and a competitive hourly rate, Chipotle’s crew members can advance to a Restaurateur, the highest General Manager position, in as little…
Blackstone has announced that funds managed by Blackstone Real Estate have acquired Embassy Industrial Parks from Warburg Pincus and Embassy Group. Embassy Industrial Parks comprises 10.6 million square feet of modern Grade A logistics and warehousing assets near urban centers, tailored for tenants in rapidly developing sectors. Embassy Industrial Parks’ warehouses are located across major…
OneWeb, the global communications network powered from Space, has entered into a definitive agreement to acquire Texas-based TrustComm Inc., which will enable OneWeb to offer its Low Earth Orbit (LEO) network and connectivity services to U.S. government clients and TrustComm customers. Based at the highly secure Ellington Joint Base in Houston, Texas, TrustComm was established in…
ZEISS is planning to expand its national coverage in the US for its Industrial Quality & Research segment by acquiring Capture 3D. Headquartered in Santa Ana, California, Capture 3D is the US partner for GOM 3D non-contact measuring solutions. According to the company, with this acquisition customers will benefit from a seamless integrated experience to…
Relationship-based pricing and billing company SunTec has recently announced the appointment of Venkatesh SG as Head – Customer Success Group. CEO and Founder of SunTec – Nanda Kumar said, “SunTec’s Customer Success Group has been set up as a key element of our mission to become even more customer-centric than ever. I am glad to…
CPC Diagnostics Pvt. Ltd., a provider of In-Vitro Diagnostics (IVD) products and services in India, Sri Lanka, Nepal and Bangladesh and the Indian subsidiary of Everlife Asia, has announced the appointment of Dr. Pramod Kabra as the company’s Chief Executive Officer. Based in Chennai, Dr. Kabra will be working closely with the Everlife team and local…
BioNTech SE has announced plans to expand its global footprint to Asia with the establishment of its Regional Headquarters for southeast Asia in Singapore. In addition to selecting Singapore as its future regional headquarters, BioNTech plans to establish a fully integrated mRNA manufacturing facility in Singapore with support from the Singapore Economic Development Board. BioNTech…
Homegrown services provider of Integrated Security, Facility Management and Remote Monitoring & Video Surveillance, Tenon FM has announced the appointment of Sridhar Vasudevan as Managing Director – India. Speaking on the announcement, Angad Rajain, Global Head of IFM & CSO, Tenon Group, said, “I am delighted to welcome Sridhar Vasudevan as Managing Director of Tenon FM…
LCR Capital Partners has hired Shilpa Menon, CFA, as Senior Director for India. Shilpa brings over a decade of financial services experience and will be responsible for leading LCR’s shift from focusing on selling EB-5 projects to being an advisor to High Net Worth families looking to move, expand or invest overseas. Shilpa joins LCR…
Advanced and intelligent analytical solutions provider Merilytics has announced the promotion of Siddharth Jain as COO. Siddharth Jain, said, “My journey with Merilytics has been phenomenal and has coincided with the critical growth phase, and we as an organization are eager to push the envelope even further. I look up to this new challenge and…
Smartlink has raised $3M in its private and public token sales. Smartlink raised $500,000 in private rounds from ZoomPass Holdings Inc, a publicly-listed corporation, Blockgration Global Corp, and Sourcing Force for strategic development. The platform provides Trust-as-a Service through its enforceable escrow smart contracts. “When we think of payments processing we think of Paypal, Stripes,…
Hyva, a loading and unloading hydraulic solutions provider, has recently completed buying 75% equity of Usimeca, a Waste Handling Solutions provider in Latin America, with its headquarters in Brazil. Alex Tan, CEO of Hyva, commented, “Usimeca, with the strongest footprint in Waste Handling Solutions across Latin America, is appreciated for its quality products and the application…
In line with call for large scale covid vaccination by Prime Minister, Shri Narendra Modi and as per directions of Shri R.K. Singh, Minister of State (Independent Charge) (Power and New & Renewable Energy) & Minister of State (Skill Development and Entrepreneurship), Government of India, NHPC Limited is undertaking large scale covid vaccination drives for…
Firmenich, a privately-owned fragrance and taste company, has announced the appointment of Robin Mason as President, Fine Fragrance North America, effective June 14, 2021. Mason will lead Fine Fragrance operations in the region, with responsibility for creation, sales, marketing, fragrance development, technical development and innovation. “Robin is a highly accomplished and respected beauty executive who…
Oculii, a provider of advanced AI software for radar perception, has announced a $55 million Series B funding round. The new round of financing brings Oculii’s total funding amount to $75M. The round was co-led by Catapult Ventures and Conductive Ventures, with participation from Taiwania Capital, Susquehanna Investment Group (SIG), HELLA Ventures, PHI-Zoyi Capital, R7…