Category: News

Firstsource to expand operations and investment across the UK

Firstsource Solutions Limited, a global provider of Business Process Management (BPM) services and an RP-Sanjiv Goenka Group company, announced it will invest to create around 1,000 new jobs over the next 12 months across South Wales, the Midlands and cities in the Northern Powerhouse, a statement said. Supporting UK employment and growth Operating in the…

Mumbai-based Good Flippin’ Burgers raises $1 mn in fresh funding

Good Flippin’ Burgers – Mumbai’s most loved Burger brand announced a fresh round of funding today that amounts to 1 million USD in a seed funding round led by Nikhil Bharadwaj Director Kerala Blasters Football Club, Karan Bhagat Founder, MD & CEO IIFL Wealth & Asset Management,Yatin Shah Co-Founder and Joint CEO, Wealth Management business,…

Interactive Brokers appoints Jill Bright to its Board

Interactive Brokers, an automated global electronic broker, announced the appointment of Jill Bright as an independent director of the firm effective immediately. With over 30 years of experience, Bright served as Executive Vice President of Human Resources and Administration for Sotheby’s, held the role of Chief Administrative Officer for LionTree LLC and Condé Nast, and…

Pearl Global Industries announces acquisition of Alpha Clothing Ltd

Pearl Global Industries Limited, one of India’s largest garment exporters, has announced that its wholly owned subsidiary at Hong Kong namely, Pearl Global (HK) Limited has acquired 9,00,860 equity shares representing 52.11% equity capital of Bangladesh based, Alpha Clothing Limited for a consideration of USD 1.05 million on 21st April, 2022. Alpha Clothing Limited (Alpha)…

Gaurav Mathur joins HealthPlix Technologies as Head of Engineering

HealthPlix Technologies announced the appointment of Gaurav Mathur as the Head of Engineering. He will directly report to Sandeep Gudibanda, CEO, HealthPlix Technologies, according to ETCIO report. In this new role, Gaurav will be responsible for leading, scaling the current engineering team, and spearheading new engineering efforts to build next-generation clinical decision support systems and…

Uneecops Business Solutions acquires India-based salesforce partner digiCloud

Uneecops Business Solutions, a Business Automation Services company, has announced its acquisition of digiCloud – a Salesforce Partner based in Pune, India. This acquisition further augments Uneecops’ capabilities in the Salesforce area, offering clients an unparalleled CX experience, a statement said. Ketan Jain, Executive Director, Uneecops said, “The acquisition of digiCloud fits into Uneecops’ strategy to diversify and…

Accenture announces acquisition of Ergo

Accenture has acquired Ergo, a data-centered business located in Argentina that helps companies create a culture of data-driven decision-making using big data, analytics and artificial intelligence (AI). Ergo’s team of 200 data specialists will join the Data & AI team within Accenture Cloud First. Financial terms of the acquisition were not disclosed. The acquisition expands Accenture’s Cloud First capabilities…

Tata Power re-appoints Kesava Menon Chandrasekhar as Independent Director

Tata Power Co. Ltd. announced the re-appointment of Kesava Menon Chandrasekhar as Independent Director on the Board of the company, with effect from May 4, 2022. According to the company’s exchange filing, “Based on the recommendation of the Nomination and Remuneration Committee, the Board, vide resolution passed on 21st April 2022, recommended the re-appointment of…

Hexaware announces new Board members

Hexaware Technologies (Hexaware), a global IT services company, announced the appointments of new members to its Board of Directors. They include: Michael W. Bender – Non-Executive Chairman and Senior Partner Emeritus of McKinsey & Company Sandra Horbach – MD and Co-Head of U.S. Buyout & Growth at The Carlyle Group Patrick McCarter – MD and Head of Global…

ReneSola Power appoints Ramnath Iyer as a Director

ReneSola Ltd (ReneSola Power), a fully integrated solar project developer, announced that Ke Chen has stepped down as a Director of the Company and that it has appointed Ramnath Iyer, Head of ESG Asia of Invartis Consulting, to its Board of Directors effective April 20, 2022. Ke Chen will remain serving in the capacity of Chief Financial Officer.  Iyer brings extensive…

US-based TransImpact Opens New India Office

TransImpact, a supply chain optimization, intelligence, and profitability company opened its office in Pune, India. The company welcomed 24 employees to the new office space which features state-of-the-art technology, collaboration-friendly workspaces, recreation areas, along with room for additional team members, the statement said. The office will serve as an extension of TransImpact’s US digital and technology…

SIS acquires additional stake in video management platform Staqu

Security firm SIS Limited has announced the acquisition of additional 2.36% stake in Staqu Technologies Private Limited. Post this acquisition, the company will hold 10.01% stake in the company. According to the company’s exchange filing, “we wish to inform you that the Company has signed Share Purchase Agreement for acquisition of additional 2.36% shareholding in…

Adani acquires 100% stake in marine services company Ocean Sparkle

Adani Ports and Special Economic Zone Ltd (APSEZ) through its subsidiary, The Adani Harbour Services Ltd (TAHSL), has entered into a definitive agreement for acquisition of 100% stake in Ocean Sparkle Ltd (OSL), India’s leading third party marine services provider. Key activities carried by the company include towage, pilotage, and dredging. With an asset base…

Sasken Technologies appoints Som Mittal to its Board

Sasken Technologies Limited announced the appointment of Som Mittal as Independent Director on the Board of the company, with effect from April 21, 2022. Som Mittal is past Chairman and President of NASSCOM, India’s premier trade body for the IT and outsourcing industry. His knowledge of the Indian technology ecosystem combined with a nuanced understanding…