Deel has completed its $AU 121M acquisition of APAC-based payroll and HCM company PayGroup Limited. PayGroup is now part of Deel, a private San Francisco-based payroll company, and has been delisted from the Australian Stock Exchange, a statement said. Initiated in July 2022, the acquisition’s completion makes Deel a true leader in the global payroll and…
Blackstone announced that private equity funds managed by Blackstone (Blackstone) have signed definitive agreements with Satinder Singh Rekhi and other current promoters to purchase a majority stake in R Systems International Limited (R Systems). R Systems, founded in 1993 by Satinder Singh Rekhi, is one of the leading providers of digital Information Technology services, specializing…
Wipro Limited, a leading technology services and consulting company, announced that it is launching a strategic cybersecurity consulting offering in Europe. The announcement comes on the heels of a series of acquisitions in the consulting space—Edgile, Capco, and Ampion— and is part of the firm’s vision to build a global cybersecurity consulting offering to help…
Sai Life Sciences, a global Contract Research, Development & Manufacturing Organisation (CRO-CDMO), announced the joining of Stephen Hermitage (Steve) as Vice President, CMC. In this role Steve will join the global R&D leadership team at Sai Life Sciences, where he will add further deep scientific, process development and drug development experience to the R&D organisation,…
Advisory platform, VMentor.ai, announced it has roped in Devesh Rakhecha, former founder of Marwadi catalyst, as an advisory member. With the expertise of stalwarts in the business industry and a strong mentorship team, Devesh is a valuable addition to the team of VMentor.ai. The organisation is delighted to move forward with him as an advisory…
CredoPay, a neo-banking and unified payment acquiring solution provider, announced its foray into Middle East. The leading fintech enabler launched its services under the brand name SalisPay in Muscat, capital of Oman, last week. SalisPay is a joint venture with Oman Computer Services LLC, a 100% subsidiary of Oman’s largest business conglomerate The Zubair Corporation…
SG Analytics, a Global Insights and Analytics company, has announced the addition of Rob Mitchell to its Advisory Board. Rob Mitchell, an industry veteran and accomplished professional with over 25 years of experience is the Co-founder & CEO of FT Longitude, a London specialist thought leadership agency that advises global B2B brands, according to the…
GlobalLogic Inc., a Hitachi Group company and Digital Engineering leader, announced that it has signed a definitive agreement to acquire Fortech, a leading software engineering services company based in Romania. Headquartered in Cluj-Napoca, Fortech has applied its deep technical capabilities to hundreds of clients and more than 1,000 digital projects throughout nearly two decades of operation—a…
Entrepreneur First, a global early-stage talent investing firm that helps entrepreneurs build startups from the pre-idea, pre-team stage. The global talent investor runs programmes across Europe, Asia and North America that enable exceptional individuals to meet like-minded co-founders, develop startup ideas, build businesses from scratch and secure funding from leading investors. Entrepreneur First was established…
Union Bank of India announced the appointment of Ramasubramanian S as Executive Director on the company’s Board, with effect from November 21, 2022. According to the company’s exchange filing, “we wish to inform you that the Central Government vide notification no. eF.No. 4/6/2021-BO.I dated November 21, 2022 has appointed Shri Ramasubramanian S., Chief General Manager,…
Bank of Baroda, one of India’s leading public sector banks, announced the appointment of Lalit Tyagi as Executive Director on the company’s Board, with effect from November 21, 2022. According to the company’s exchange filing, “In exercise of powers conferred by the proviso to clause (a) of sub-section (3) of section 9 of the Banking…
Lenovo India has roped in Ankur Poddar as HR Head for its Consumer Business and Lead – Culture & HR Operations, according to ETHRWorld report. In this new role, Poddar will be based in Bengaluru and will be reporting to Bhavya Misra, CHRO, Lenovo India. Poddar comes with almost 15 years of HR experience. Before…
Sonata Software, a global IT Services and Technology Solutions Company, announced that it has, second time in a row, bagged the coveted ‘Golden Peacock Award for Excellence in Corporate Governance’ for the year 2022, in a national category under IT Sector. Sonata Software was presented the award at the ‘Golden Peacock Awards Nite’, held on November 10, 2022,…
ABB E-mobility, a global leader in electric vehicle (EV) charging solutions, announced that it has signed a pre-IPO private placement of approximately CHF200 million for newly issued shares, led by new minority investors. ABB E-mobility will use the proceeds to continue the execution of its growth strategy, driven by both organic and M&A investments in…
Torry Harris Integration Solutions (THIS), a recognized leader in integration strategy and API-driven digital transformation delivery, joined the Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs, and technology executives. Karthik TS, Head – Center of Excellence at Torry Harris Integration Solutions, will be a key contributor, sharing his thoughts and best practices on…