BLS International, a global tech-enabled services partner for governments and citizens, announced that it has acquired Mumbai headquartered, largest business correspondent in the country – Zero Mass Private Ltd (ZMPL). With this all cash acquisition from company internal accruals, BLS international becomes the largest business correspondent network in India, a statement said. ZMPL has been…
Tata Elxsi, a design and technology service provider, announced it is expanding its presence in Kerala with the opening of a new centre in Kozhikode’s UL Cyber Park. The new centre will host teams and state-of-the-art technology and product development facilities in EV, Connected Car, OTT, 5G, and Digital technologies, a statement said. “Tata Elxsi…
Royal Philips, a global company in health technology, announced that Willem (Wim) Appelo will join Philips’ Executive Committee, effective July 18, 2022, and succeed Sophie Bechu as Chief Operations Officer, w.e.f October 1, 2022. Appelo will report to Philips CEO Frans van Houten and work closely with Bechu to ensure a seamless transition. Bechu, who…
Verizon announced the appointment of Sowmyanarayan Sampath to Executive Vice President and CEO of Verizon Business, effective July 1, 2022. He will succeed Tami Erwin, who will assume the role of Strategic Advisor to the CEO until the end of 2022. Sampath will report directly to Hans Vestberg, Verizon Chairman and CEO. “Sampath brings more…
Shoppers Stop, a retailer of fashion and beauty brands, announced the appointment of Sandeep Jabbal as Customer Care Associate and Chief Digital Transformation and Information Officer with effect from 23rd May 2022. He will be responsible for providing strong leadership and support in digital transformation initiatives led by the brand, a statement said. Sandeep has more than 18 years…
Tata Elxsi, a global design technology company, has won the ‘Golden Peacock Innovation Management Award’ for the year 2021. For the year 2021, Golden Peacock Awards Secretariat invited applications for multiple Institutional awards from Corporates and SMEs covering all types of Public, Private and Government Enterprises. Manoj K. Raut, CEO & Secretary-General of the Institute…
Quintillion Business Media, the entity owning and operating the leading business news digital platform BQ Prime in India, announced changes to its Board of Directors. According to company’s exchange filing, “Pursuant to signing of the definitive agreements with AMG Media, the Board of Quintillion Business Media is privileged to welcome Mr. Sanjay Pugalia, CEO &…
LBC, the Portuguese-American-based innovation, and digital transformation company have nominated Ramesh Kumar Nanjundaiya to be its Advisor – India Market. Through Ramesh’s guidance, LBC (Leadership Business Consulting) hopes to connect with various Indian innovation centers such as Bangalore and other cities in India and build connections with other recognized innovation hubs in Europe and the San Francisco Bay Area for promoting two-way business…
KKR, a global investment firm, announced that KKR has agreed to acquire a majority stake in Contabo, a global cloud infrastructure and hosting provider based in Germany. As part of the transaction, existing investor Oakley Capital will retain a minority stake in the business, alongside management and hosting entrepreneurs Thomas Strohe, Jochen Berger and Thomas…
Accenture announced it has opened its newest Advanced Technology Centers in India (ATCI) located in Indore, Madhya Pradesh. The new facility represents further expansion of the company’s global delivery network and will focus on developing and delivering a wide range of cross-industry technology solutions to help drive digital transformation and innovation for clients, the statement…
StanPlus announced it has onboarded Ex-Uber techie, Suhas Kulkarni as the Chief Technology Product Officer. Prabhdeep Singh, Founder & CEO, StanPlus, shared, “We are delighted to have Suhas join the team. When it comes to delivering the best emergency service, as an organization, it is imperative for us to become tech-heavy as well. With Suhas’…
Ffreedom (formerly IndianMoney.com), India’s largest livelihood education company has announced the expansion of its headquarters through an additional 40,000 square feet of office space in Brigade Software Park in South Bangalore. Through this expansion, the company aims to hire 300 people in the next quarter building its workforce to more than 3300 employees, a statement…
Wockhardt Limited announced the appointment of Deepak Madnani as Chief Financial Officer of the company, with effect from June 7, 2022. He succeeds Pramod Gupta, who has resigned from the role of CFO due to health reasons. According to the company’s exchange filing, “The Board of Directors of the Company at its meeting held today…
India’s largest lender State Bank of India has appointed Alok Kumar Choudhary as Managing Director, with effect from June 7, 2022. According to the bank’s exchange filing, “Vide Notification No.: eF. no. 21112021-BO.ldated 07th June,2022 issued by Department of Financial Services, Ministry of Finance, Government of lndia, it has been notified that “in exercise of…
Services firm Persistent Systems Limited announced the appointment of Sandeep Kalra as Additional Director on the company’s Board, with effect from June 11, 2022. According to the company’s exchange filing, “please note that basis on the recommendation of the Nomination and Remuneration Committee of the Board of Directors of the Company, the Board has approved…