Category: News

Salesforce brings TrailheaDX to India for the first time

Salesforce, the global leader in CRM, has announced bringing of its flagship developer conference TrailheaDX to Bengaluru on December 19 – 20, 2019. For the first time, the event is being held outside of the US and is a must-attend conference for anyone who develops on the Salesforce platform or wants to learn more about…

O4S raises an undisclosed amount in an extended Pre-Series A round

O4S, a three-year-old Gurugram-based SaaS Company, has raised an undisclosed amount in an extended Pre Series A funding by strategic investors. The investors include Amit Singhal, former head of Google search, Subhrakant Panda, CEO, MD at Indian Metals & Ferro Alloys Ltd, Siddharth Bhavnani, Founder at Antares Legal and Bikram Singh Bedi, President Strategy and…

dunnhumby India Launches Flexible Work Plan That Works for You

dunnhumby, the global leader in customer data science, has rolled out a new pioneering flexible work plan well ahead in the industry. As per this plan dunnhumby India will offer a range of benefits such as flexi-shifts, flexi-place and flexi-part time arrangement including an enhanced paternity leave. The new plan from dunnhumby covers a variety…

Everest Group recognizes L&T Technology Services as ‘Leader’ in Automotive Engineering Services

L&T Technology Services Limited, India’s leading pure-play engineering services company, has been recognized as a ‘Leader’ and ranked among top service providers for Automotive Engineering Services by the consulting and research firm, Everest Group. LTTS has also been recognized as ‘Star Performer’ for its noteworthy progress across its automotive engineering capabilities and the resultant market…

V. Viswanathan appointed Additional Director of Dhanlaxmi Bank

Dhanlaxmi Bank on Tuesday announced that it has appointed V. Viswanathan as the Additional Director on the Board of the Bank. His appointment was decided in the Board meeting held on December 9,2019. As per the official press release, Viswanathan’s appointment is secured until the next Annual General Meeting. Viswanathan has an experience of more…

Aditya Birla Fashion appoints Himanshu Kapania as Vice Chairman

Aditya Birla Fashion and Retail Ltd., in an official statement on Tuesday, announced the appointment of Himanshu Kapania as the company’s Vice Chairman and additional (non-executive) Director with the board’s approval. His appointment will come in effect after January 1, 2020 and he is “liable to retire by rotation.” The development is subject to the…

Apurva Purohit appointed L&T Independent Director

L&T Technology Services has announced that it appointed Apurva Purohit as an Independent Director for a five-term period w.e.f December 11, 2019 till December 10, 2024, subject to shareholders approval. The appointment is based on the “recommendations of Nomination & Remuneration Committee, the Board of Directors through circular resolution dated December 10, 2019 “. Purohit…

STL and IIT Madras sign MoU for 5G advancements

STL, a global data networks innovator, has signed a Memorandum of Understanding (MoU) with Indian Institute of Technology Madras, for sponsoring a Chair Professorship in 5G . Under this MoU, STL and IIT Madras will partner for research and advancements in 5G communications technology. The Chair Occupant will be a full-time institute faculty and will…

Chanda Kochhar gets RBI as a party in termination case

Chanda Kochhar, the former Managing Director of ICICI Bank on Monday submitted the amended petition challenging her termination from the bank in the Bombay High Court. The amended petition has now added RBI as a party to the case. The amended petition claimed that the RBI gave the approval without “due and proper application of…

Quick Heal Technologies Limited gets recognized by NASSCOM as a pioneer in Indian Cyber-security space

Quick Heal Technologies Limited has been recognized as the ‘Cyber Security Product Pioneer in India’ by NASSCOM’s Data Security Council of India (DSCI) at the DSCI Excellence Awards 2019. Quick Heal is a leading provider of IT security and data protection solutions with presence in B2B, B2G and B2C segments.  Set up by NASSCOM, Data…

PiBeam raises Rs 5 Cr from GAIL (India)

PiBeam, an electric vehicles start-up , has raised Rs 5 Crore from GAIL (India) Ltd. The company was founded by Visakh Sasikumar in 2013. The startup, was initially incubated at IIT Madras. It is understood that these funds will help the company in business growth, technology upgradation and team expansion. In a media statement, Founder…

Walmart to train 50,000 entrepreneurs in India

With this program, suppliers who have the desire and potential to grow will get the tools they need through Walmart Vriddhi. Over the next five years, MSMEs will receive in-person training, a feature unique to this program, as well as expert advice, access to Walmart’s deep global experience and a network of peers and mentors in their local communities.

Vishal Sikka named to Oracle Board of Directors

Oracle announced that Dr. Vishal Sikka, founder and CEO of the AI company Vianai Systems, has been named to Oracle’s Board of Directors.  Before starting Vianai, Vishal was a top executive at SAP and the CEO of Infosys. “The digital transformation of an enterprise is enabled by the rapid adoption of modern cloud applications and…

Saankhya Labs appoints Board of Advisors

Saankhya Labs has announced that it has appointed Kiran Deshpande and Amar Maletira to its Advisory Board. Saankhya Labs formed the board of advisors to provide insights, advice, and non-binding recommendations to its Board and Executive leadership team. Parag Naik, CEO of Saankhya Labs said, “As Saankhya continues on its path of innovation and growth…

Swedish Company SPOWDI launches Smart Farming in India

Swedish Company, SPOWDI (Solar Powered Water distribution) together with EMMVEE inaugurated ‘Spowdi Smart Farming’, an innovative and sustainable solution to bring forth the futuristic and best in class smart farm that supports small farmers community and saves water.  During the event, Jain Irrigation and SPOWDI smart farming signed an MoU for an innovative and sustainable…