PeopleStrong, the leading Work and HR tech company in Asia, announced the acquisition of Qilo, a SaaS performance management product that enables CXOs to drive business outcomes and create a high-performance culture by aligning people-performance to business strategy. With this acquisition, PeopleStrong’s already comprehensive HR Technology suite, which currently serves 300+ enterprises across Asia, through…
Tata Steel was awarded the ‘Disaster Management Excellence’ award by IFSEC India on December 19, 2019. The Award was received by James Jojo, one of the Disaster Management Competency Network team members at a ceremony held at Greater Noida. IFSEC awards are prestigious awards recognizing excellence and innovation of the thought leaders of the industry…
Schneider Electric, the leader in the digital transformation of energy management and automation, has been honored by Great Place to Work and FORTUNE as one of 2019’s Best Workplaces for Diversity. To determine the list, Great Place to Work analyzed the experiences of employees from diverse backgrounds within their working environment. These results were based…
Nielsen named Laurie Lovett, a three-decade human resources veteran, as Chief Human Resources Officer w.e.f January 13, 2020. The company also announced that Christopher Taft will effectively become the Controller and Chief Accounting Officer. David Kenny, CEO of Nielsen, said, “We are thrilled to welcome Laurie to Nielsen. Her ability to apply best in class…
Dr. Swatee Sarangi has been appointed as the Global Head – Learning, Leadership and Organizational Development of Dr. Reddy’s Laboratories. Sarangi moves from Larsen & Toubro where she was a Head – Learning & Organizational Development.
OYO Hotels and Homes announced that it has appointed Ankit Gupta as the COO and Senior Vice President. Gupta moves from McKinsey & Co where he was a global leader of their real estate transformation practice. This comes as a part of the company’s efforts to continue to invest and attract world-class leadership, to drive…
Reliance Infrastructure Ltd. has won a major Arbitration Award of Rs. 1,250 crore against Damodar Valley Corporation (DVC), a Government of India undertaking. A three-member Arbitration Tribunal unanimously gave the award in favor of Reliance Infrastructure on December 21, 2019. Reliance Infrastructure was the Engineering and Construction contractor for Damodar Valley Corporation’s 2 x 600…
Aligned with the Digital India initiative, The Centre for Digital Transformation under the aegis of Confederation of Indian Industry organized its flagship program, the Digital Transformation (DX) Summit & Awards 2019 at New Delhi. The Centre for Digital Transformation principally partnered by Tata Communications and associate partnered by DELL Technologies plays a pioneering role in…
Global tech and internet giant Google plans to hire 3,800 full-time customer care support in the year 2020 at various sites, including in India. These executives will be responsible for customer care support 24/7. The development comes after 10 US Senators in August called on Google to provide contractual employees full-time employment after they’ve worked…
L&T Technology Services Limited (LTTS) has recently won a multi-million dollar project from one of the world’s top plastics, chemicals, and refining manufacturers, to deliver the entire spectrum of Engineering, Procurement and Construction Management (EPCM) services for the expansion of an existing site in Europe. With over a decade of engineering, manufacturing and construction expertise,…
Razorpay is planning to hire 400 professionals for the year 2020. The company will also expand its workforce by more than 65 percent. Recently, Arpit Chug was appointed as the CFO to strengthen its leadership team. Moreover, it has acquired payroll management company Opfin. In a statement, Harshil Mathur, CEO, Razorpay shared, “As we are…
Ericsson has announced that it has signed an agreement for credit facility with the Nordic Investment Bank (NIB) for USD 150 million, maturing in 2025. Of these new funds, 98 million will replace credit with NIB that was set to mature in 2021. In addition to strengthening Ericsson’s balance sheet and financial flexibility, the loan…
Hong Kong Aircraft Engineering Company Limited (HAECO Group), a leading Aviation Maintenance, Repair & Overhaul (MRO) specialist, today announced it will continue to work with Ramco Systems to bring the global software specialist’s advanced Aviation solutions to four more business units in Hong Kong, Xiamen and Jinjiang. HAECO’s partnership with Ramco began last year when…
Payments provider Razorpay recently announced that it has appointed Arpit Chug as the CFO of the company. Chug an IIM Ahemdabad alumnus was earlier associated with American Express India as the CFO. Razorpay has also acquired payroll management company Opfin. In a media statement, Harshil Mathur, CEO and Co-founder of Razorpay, said, “Arpit brings tremendous depth…
Piramal Enterprises Limited announced the appointment of Jairam Sridharan as Chief Executive Officer (CEO) of its Consumer Finance Business. Prior to joining, he was President, Retail Lending and Payments at Axis Bank, where he led the transformation of Axis into a retail bank growing the book six times in five years. During this period, Axis…