Redbus.in – Pilani Soft Labs Pvt. Ltd., has appointed Lakshmikant Gupta (Ex LG Electronics), as Chief Marketing Officer. Earlier Lakshmikant, was with LG Electronics where he spent close to 6 years. At LG He has been responsible for leading the brand and marketing strategy of the company – including digital marketing , corporate communications…
Category: News
Nobel Hygiene receives $11.5 Mn funding through Access India Fund
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Nobel Hygiene, India’s first and only baby and adult diaper manufacturer, has received the first tranche of funding boost to the tune of $11.5 Mn through Access India Fund and its co-investors. Nobel Hygiene, headquartered in Mumbai, was promoted by its first generation promoter, Kamal Kumar Johari, in 2000. The company also manufactures baby…
ManpowerGroup Named One of World’s Most Ethical Companies for Third Consecutive Year
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ManpowerGroup (NYSE: MAN), the world leader in innovative workforce solutions, was today named one of the World’s Most Ethical ("WME") Companies by the Ethisphere Institute for the third consecutive year. The 2013 WME companies are those that truly embrace ethical business practices and demonstrate industry leadership, forcing peers to follow suit or fall behind. "The…
General Motors to Hire 1,000 High Tech Employees in Phoenix, expects to hire more than 4000 over next few years
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General Motors plans to hire about 1,000 high-tech employees to staff an Information Technology Innovation Center in this Phoenix suburb, joining Austin, Texas; Roswell, Ga., and Warren, Mich., as the centerpieces of GM’s strategy to bring high-value IT work in house in support of the business transformation underway. GM expects to hire more than 4,000…
A CEO’s parting letter to his employees.
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After another quarter of poor financials, last week Groupon announced the stepping down of its Founder CEO, Andrew Mason. While the company looks for a new CEO, Executive Chairman Eric Lefkofsky and Vice Chairman Ted Leonsis would be looking after the affairs of the Chief Executives Office. Andrew’s exist seemed inevitable considering the financial…
Strides Arcolab to sell its Agilia Specialities Division to Mylan Inc. for US $1.6 Billion
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Strides Arcolab Limited has entered into a definitive agreement for the sale of its specialties subsidiary, Agila Specialties Private Limited, and simultaneously its overseas specialties subsidiary, Agila Specialties Asia Pte. Limited, Singapore, has entered into a definitive agreement for the sale of its subsidiaries to Mylan Inc. (NASDAQ: MYL). Under the terms of the…
Mudit Khosla has been appointed as CEO for Tradus.com
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Mudit Khosla (ex. CEO of SeventyMM) has been appointed as CEO of Tradus.com, an online market place. Last month Mudit had stepped down as CEO of SeventyMM after a 3 year stint. Over this period SeventyMM, had moved from its original business model of online movie rental to become one of the main stream…
Mahindra sets up a new training center in Centurion, South Africa
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Mahindra South Africa has opened its new training center in Centurion, Gauteng Province of South Africa. The facility is located near the company’s head office and has been set up towards supporting the business growth strategy in the continent. Mahindra South Africa, was set up in 2004 to ensure company’s foray in a key international…
Arun Tadanki Managing Director for Yahoo India & South East Asia resigns
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Arun Tadanki, the Managing Director for Yahoo India & South East Asia has resigned . He would continue in his role till June 2013. He has been with Yahoo for last three years, and has been credited with driving Yahoo ! ‘s growth in India. Prior to joining Yahoo !, Arun was with Monster.com…
Bessemer Venture Partners elevates Subramanya S.V. as Managing Director
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Bessemer Venture Partners(BVP), one one of the leading global venture capital firm, has elevated Subramanya S.V. (Subu) as Managing Director. He joined the firm in 2007 and has been a director with BVP India in Bangalore. During his tenure with BVP he has been focused on investments in technology and consumer businesses.
Team management, a challenge for the virtual workforce
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As more and more businesses embracing the concept of virtual workforce, and a good number of people working remotely across industries, some constraints of virtual working are getting realized. The virtual workforce in the U.S. has grown considerably over last few years with an estimated 20-30 million people currently working remotely at least once per…
For Companies Embracing Innovation to Meet Growth Objectives Talent and Technology Play Key Roles
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US private companies are embracing innovation to help them fulfill their growth agendas, according to PwC US’s Trendsetter Barometer survey. Their innovation initiatives include creating novel products and services never before seen by the marketplace, with 39 percent of private companies saying that these will be important growth engines for them in the next…
LifeCell raises Rs 35 crore funding from Helion Venture Partners
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LifeCell International Pvt Ltd, has raised around Rs 35 crore from Helion Venture Partners, an India focused venture fund, to support its plans of increasing market penetration of stem cell banking in India. The funding would also enable the company to invest in the development of novel cell based therapies. Post this deal, Kanwaljit Singh,…
InterContinental Hotels Group (IHG) plans aggressive expansion in India, may create over 2600 jobs
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One97 Appoints Raj Ahuja (ex Star India) as CFO, Vivek N. Gour from Air Works joins the Board
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One97 Communications Ltd. has appointed Raj Ahuja as the new Chief Financial Officer of the company. One97, has also added expanded its Board with the joining of Vivek N. Gour, Managing Director , AirWorks as an Independent Board Director. Priviously Raj Ahuja was with Star India, where he was Executive Vice President of Finance. With…