Ability Foundation is planning to organize ‘EmployABILITY 2019’, its trend-setting job opportunities fair for candidates with disabilities on 17th December in Chennai. The fair serves as a platform to connect employers and qualified candidates with disabilities under one roof. Ability foundation has been organizing job fairs under its tag ‘EmployABILITY’ since 2004. The foundation states…
Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, has won the U.S. Chamber of Commerce Foundation’s 2019 Citizens Award. It is in the category of Best Commitment to Education Program for its Ignite My Future in School (IMFIS) program. The Annual Citizens Awards program recognizes the most innovative and…
Holisol Logistics, a leading supply chain and logistics enterprise, has raised Rs 20 crore in asset finance from Mumbai-based NBFC BlackSoil Capital. The company was founded by Manish Ahuja, Naveen Rawat and Rahul S Dogar in 2009. Earlier, the company had raised equity capital from CLSA and Datavision. It is understood that the funds will…
Ess Kay Fincorp, a Non-Banking Finance Company (NBFC), has raised $33 million in a round led by private equity fund TPG, Norwest Venture Partners, a multi-stage growth investment fund and Evolvence India, a leading India focused Private Equity platform. The company was founded by Rajendra Setia in 1992. The company plans to utilise the funds in…
CreditAccess Grameen Limited (“CAGL”), India’s leading microfinance institution, has announced the signing of definitive agreements for acquisition of a controlling majority in Madura Micro Finance Limited (“MMFL”) and subsequently, a merger of MMFL into CAGL (“Transaction”). The Board of Directors of CAGL and the Board of Directors of MMFL at their respective meetings held today…
Just Herbs, a luxury ayurvedic beauty brand, has raised $1.5 million in pre-series-A funding led by Roots Ventures. Other investors are high net-worth individuals (HNIs), and corporate executives. The company was founded by Arush Chopra in 2013. The company will use the funds to expand their product range, boosting distribution, and for new customer acquisition. …
Mosaic Wellness is a consumer brand that has raised $10 million as part of its maiden round of funding led by SAIF Partners, Sequoia Capital, as well as Matrix Partners India. Other investors include a host of angels, including Kunal Shah (Founder of Cred), Jitendra Gupta (Co-founder of CitrusPay), Jaydeep Barman (Co-founder of Rebel Foods),…
Mindtree, a global technology services and digital transformation company, has been positioned as a Rising Star in three categories as part of the ISG Provider Lens™ Quadrant report on “Public Cloud – Solutions & Service Partners 2019.” The company also got recognized for strong hyperscale partnerships and automation tools. Mindtree was recognized as a Rising…
The CRISIL Credit Ratings has communicated to Thomas Cook (India) Ltd., and uploaded on its portal, reaffirming its corporate credit rating of ‘CCR AA-/ stable’ to Thomas Cook (India) Ltd. (TCIL). Additionally, CRISIL has reaffirmed its rating on the debt programmes and bank facilities of Thomas Cook (India) Limited at ‘CRISIL AA-/Stable/CRISIL A1+’. In its…
MoneyGram, a global provider of innovative money transfer services, has announced that Ripple, a provider of leading enterprise blockchain solutions for global payments, has made the final $20 million investment in MoneyGram equity pursuant to Ripple’s original $50 million equity investment commitment made earlier this year. This funding will support MoneyGram’s operations as the company…
L&T Technology Services(LTTS), a leading global pure play engineering services company, has now been recognized among the top service providers in innovation and capability for Internet of Things (IoT) Technology and Services in the Zinnov Zones IoT Services Rating for 2019. Zinnov has also positioned LTTS as ‘Leader’ across 7 other unique expertise areas. The…
Fortis Healthcare Limited has appointed Sim Heng Joo Joe (Joe) as an additional director (Non-Executive and Non-Independent) of the Company. He will hold the office up to the next Annual General Meeting and will be regularized subject to the approval of the shareholders. Joe is presently the Chief Executive Officer (CEO of Malaysia Operations Division,…
Tata Communications Ltd has appointed Amur Swaminathan Lakshminarayanan as the Managing Director (MD) and Chief Executive Officer (CEO) of the company. His appointment is effective 26th November 2019, and is for a term of five years. His appointment as MD & CEO shall be subject to necessary approvals of the shareholders of the Company. The…
Carolina Dybeck Happe has been named as Senior Vice President and Chief Financial Officer of GE. Her appointment would be effective early 2020. She is a considered as a top-ranked CFO, and has been recognized by numerous leading publications and associations over the years.
Affle (India) Limited, the leading consumer intelligence platform company, has announced that it has been awarded the Great Place to Work recognition in the mid-size company category by the Great Place to Work Institute, a well-established global authority on identifying and authenticating workplace culture and practices. This recognition is a result of an extensive evaluation…