Temp Holdings and Kelly Services, have entered into a joint venture agreement to expand both companies’ presence in North Asia. The joint venture, TS Kelly Workforce Solutions, will be headquartered in Hong Kong and will be effective October 2012. Temp Holdings sub-subsidiary Tempstaff Hong Kong would be renamed as "TS Kelly Workforce Solutions". Under the…
Category: News
Joint Venture between Eicher Motors and Polaris Industries (USA), to invest Rs. 250 Crs in green field project in Automotive Sector
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Eicher Motors Limited, a leading player in the Indian automobile industry has signed a strategic joint venture agreement with US based Polaris Industries Inc., a recognized leader in the power sports industry, to set up a greenfield project in the automotive sector. The definitive agreement was signed between Mr Siddhartha Lal, MD & CEO, Eicher…
Chennai to be Center of Excellence in Networking for Dell, talent acquisition to be a priority for next 12 months
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“Talent acquisition and management will be a priority over the next twelve months..” – Sreedhara Narayanaswamy, Executive Director & Center Head for Chennai R&D, Dell India. Dell India would be turning its research and development center in Chennai into a Center of Excellence in Networking for Dell. Last year Dell had acquired Force10 networks, and…
Uninor planning to scale down in 4 circles..
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Uninor is planning to scale down its operations in Tamil Nadu, Karnataka, Kerala, and Odisha, and focus on remaining operations where in they have a better grip on the market. The company would maintain a basic operational presence across these four circles, however would maintain a smaller network and limited service. The company has about…
ShopRunner appoints Scott Thompson as CEO
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ShopRunner, a shopping network of merchants joined together to deliver powerful multi-channel shopping services for consumers, has named Internet and payments executive Scott Thompson (Ex Yahoo !) its Chief Executive Officer. Scott joins ShopRunner at a time when the company is enjoying a fast growth trajectory and represents the ideal time to bring on a…
Allcargo announces the Joining of Key People to Manage Strategic Functions
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Allcargo Logistics Ltd has appointed four key professionals for strategic functions in the company. These include Mr. Clement Michael Fernandes as Director Human Resources for the Group, Mr. Ajay Rao as President Strategy and Business Development, Ms. Sangeeta Sundaram as Vice President, Marketing and Corporate Communications and Ms. Savli Mangle as Vice President, Investor Relations.…
Pitney Bowes setting up R&D facility in Pune
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Pitney Bowes, a leading global provider of integrated mail and document management systems, services and solutions, is setting up a R&D facility in Pune. The new facility would lead to a addition of about 200 employees, to the company’s existing head count of 600 at its present R & D facility in Noida. The company,…
Nirula’s fast food chain sold to A2Z Group
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Navis Capital Partners, is selling its holdings in Nirula’s fast food chain to A2Z Excursions. A2Z is a privately held business group engaged in hospitality, real estate, travel and related business. The deal estimated at being around 80 Crs., does not see much valuation being attributed to the fast food chain, which was once a…
Citrix Expands Presence in India, adds new facility in Bangalore
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Last week, Citrix unveiled a new building on its Bangalore campus and announced its R&D presence in Hyderabad, fortifying its presence in India and enhancing the broader Citrix strategy of powering mobile work styles and cloud services. The Bangalore and Hyderabad centers, an integral part of Citrix’s globally integrated R&D network located in Australia, Canada,…
Maruti Manesar Plant Unrest: Statement by the company management
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The following statement has been released by Maruti Suzuki management on the violence & riots at Maruti’s Manesar Plant. Manesar, July 19th, 2012:We are deeply disturbed by the mob violence and arson at our Manesar Plant on Wednesday evening. Several executives, managers and supervisors were brutally attacked and injured, and nearly 100 of them had…
Maruti Unrest: GM HR, Awanish Kumar Dev burnt to death ..
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The violence and unrest at Maruti Suzuki’s plant in Manesar on Wednesday, has claimed the life of Awanish Kumar Dev, a senior HR executive with the company. He was burnt during the arson and violence at Maruti’s Manesar plant, which involved attack on company’s executives, destruction of property – leading to closure of the plant…
Maruti plant in Manesar stops production post worker unrest
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Maruti Suzuki, stopped production at one of its plants after clashes between workers and managers. As a fall out of the clashes, one person is reported dead, while many others are injured. The incident occurred at the company’s Manesar plant. Agitating workers burnt down the admin wing, and set fire to come cars parked outside…
HCL Technologies BPO to hire 800 employees for Citibank process
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It is reported that HCL Technologies BPO business has secured a key out sourcing contract from Citibank. The deal would lead to set up of a new processes for loans, financial products and customer support. The work on the project is scheduled to commence in August 2012, and the hiring for the same has already…
ManpowerGroup acquires WDC to support IT Services & Professional Resourcing in India
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ManpowerGroup, the global workforce solutions company has acquired Kolkata-based Web Development Company Limited (WDC), a leading IT services and professional resourcing company offering consulting, development and application support services to several large clients in India and across the Asia Pacific region. In March 2011, ManpowerGroup acquired a 74 percent stake in WDC, and has now…
Canon India appoints Rajeev Tewari as Director CSP Group
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New Delhi, Delhi, India, Tuesday, July 17, 2012 : Canon India Pvt. Limited, the leading Digital Imaging Company announced the appointment of Mr. Rajeev Tewari as the Director of Canon India’s CSP group. The Canon System Products (CSP) group comprises of Inkjet Product Division, Laser Product Division and System Integrators Division. In his new role…