Wipro Limited, a leading global information technology, consulting and business process services company, today announced that it has been selected as a member of the global Dow Jones Sustainability World Index (DJSI) – 2019 for the tenth year in succession. Globally, Wipro ranks second in the IT services sector while it continues to be the…
Amit Syngle will take over as Managing Director & Chief Executive Officer of Asian Paints. KBS Anand will be retiring after a a four-decade-long career at the company.Amit Syngle, presently the COO for Asian Paints and a 29 year veteran at the company, will take charge as Managing Director & Chief Executive Officer of Asian…
Partho Dasgupta, the first Chief Executive Officer of BARC India, a Joint Industry Company between Broadcasters, Advertisers and Agencies, today announced his plans to relinquish his position and move on. The world’s largest Television Audience measurement company today announced a change in leadership. In a statement Partho Dasgupta said “It has been a tremendous journey…
S Balasubramanian, has resigned as the CFO for Bharti Infratel. A Bharti venteran of over 15 years, he had taken over as CFO for Bharti Infratel, in August 2018. Earlier he was Business Head – Post Merger Integration, at Bharti Airtel, and was responsible for the complete integration of Telenor with Airtel – including –…
After eight years of association with the start-up, Urban Ladder’s co-founder Rajiv Srivatsa has resigned from his role as the Chief Technology and Product Officer for the company. He had co-founded Urban Ladder with his B-school batchmate Ashish Goel. While Rajiv would move out from his day to day role, in his statement on Linkedin…
Shri Ravi Shankar Prasad, Union Minister of Law & Justice, Communications and Electronics & Information Technology, has unveiled a series of new initiatives by the Ministry of Electronics & Information (MeitY) in the first MeitY Start-up Summit held today at New Delhi. Speaking on the occasion Shri Ravi Shakar Prasad stressed that there is great…
StoveKraft, the Sequoia backed, kitchen appliances company, has appointed Rajiv Mehta as its Chief Executive Officer (CEO). Rajiv, is a seasoned retail professional and has had senior and leadership level stints with some leading brands. He has earlier been with Puma as the Managing Director, and Arvind Fashion Brands Ltd & Arvind Sports Lifestyle Ltd…
Karnataka government has announced a 4.75 percent hike in dearness allowance (DA) for its employees, ahead of Diwali. Chief Minister BS Yediyurappa has also announced an additional Rs 1,000 as hardship allowance for police personnel, along with a revision in their salaries. Post this hike, the DA will increase from 6.50 % to 11.25 %…
Former Jet Airways chief executive Vinay Dube has joined GoAir in an advisory role. GoAir is an Indian low-cost airline based in Mumbai, India. It is owned by the Indian business conglomerate Wadia Group. Dube had exited Jet Airways, earlier in May 2019, almost a month after the airline ceased operations due to severe liquidity…
A group of whistleblowers at Infosys, identifying themselves as “Ethical Employees” in their letter, have alleged that Infosys CEO Salil Parekh has been fudging the company’s financials and inflating profits in recent quarters. According to the whistle blowers, as stated in their letter, CFO Nilanjan Roy has been compliant and is also involved. In their…
Swiggy, India’s food delivery unicorn, has seen rapid expansion since it started. The company, founded by Sriharsha Majety, Nandan Reddy, and Rahul Jaimini in August 2014, was a late entrant as compared to Food Panda ( now owned by Ola), and Zomato, but has taken over the market and has emerged as the leading brand…
Former President and Chief Operating Officer of Times Global Broadcasting, Nikhil Gandhi, has been appointed as India head for TikTok. Tiktok is an iOS and Android social media video app for creating and sharing short lip-sync, comedy, and talent videos and was launched in 2017 by ByteDance. It has over 200 million users. Nikhil will…
Gurugram-based legal tech startup Legalkart has raised a seed funding of around $492,000 from a clutch of angel investors. It was founded by Arvind Singhatiya, Partha Sen and Deepak Prajapati in 2018. According to Arvind Singhatiya, Founder and CEO, Legalkart – through this app they are looking at – “Making every step of a legal…
In the recently announced India Innovation Index 2019, Karnataka tops the list and is followed by Tamil Nadu, Maharashtra, and Delhi. NITI Aayog with Institute for Competitiveness as the knowledge partner have been responsible for the study towards the release of India Innovation Index (III) 2019. The study is in line with the thought that…
Tata Consultancy Services (TCS) India’s leading global IT services company has been voted the Overall Most Outstanding Company in India and the Most Outstanding Company in India in the IT Services sector in Asiamoney’s 2019 Asia’s Outstanding Companies poll. TCS has also been recognized as the most awarded company of the decade in India for…