Citi announced plans to hire more than 100 employees to join its global Internal Audit function, designating Jacksonville, Florida and Wilmington, Delaware as the newest strategic locations for the function in the United States. The open roles will offer prospective candidates the opportunity to gain valuable experience as part of a global team and develop…
Oracle Corporation and Cerner Corporation jointly announced an agreement for Oracle to acquire Cerner through an all-cash tender offer for $95.00 per share, or approximately $28.3 billion in equity value. Cerner is a provider of digital information systems used within hospitals and health systems to enable medical professionals to deliver better healthcare to individual patients and communities. “Working together, Cerner…
Organized Retailers Association announced the appointment of T S Sridhar as the President of ORA (Organized Retailers Association). T S Sridhar, who has over three decades of experience working in Sales & Distribution teams of various organizations including big corporates like Nokia and Gillette will now be working with ORA to protect the association’s interest on matters…
Wipro Limited, a global information technology, consulting and business process services company, announced it has signed an agreement to acquire Austin, Texas headquartered Edgile, a transformational cybersecurity consulting provider that focuses on risk and compliance, information and cloud security, and digital identity. Together, Wipro and Edgile will develop Wipro CyberTransform, an integrated suite that will…
BasicFirst Inc., a Jharkhand Innovation Lab-selected edtech startup, announced the appointment of Ravi Kapoor as Head of Sales for its India operation. Kapoor is joining the start-up with close to three decades of diverse experience in sales, service excellence, order management, and business operations and will drive the expansion of BasicFirst’s Sales Team across the…
Techno Electric & Engineering Company Limited (TECHNO) and Kalpataru Power Transmission Limited (KPTL), a joint venture partner in Kohima-Mariani Transmission Limited (KMTL), announced it has successfully completed transfer of 49% stake (26% by TECHNO and 23% by KPTL) in KMTL to Apraava Energy Private Limited (formerly known as CLP India Private Limited). KMTL is a…
Furniture and home products marketplace, Pepperfry, has appointed Naveen Murali as Vice President and Head of Marketing, according to ET Bureau report. In this new role, Naveen will lead Pepperfry’s marketing and brand strategies with an aim to drive brand awareness across lucrative untapped markets as well as capture share in the furniture and home…
Cleantech startup Pi Green Innovations has secured over $4.5 million in Series A funding round led by the Investment Fund of Opus Consulting with a total of $4.3 million. The round also saw participation from some strategic investors. Previously, Harshal Morde, Director of Morde Foods Pvt. Ltd had supported the company with a seed funding…
Cairn Oil and Gas has appointed Sandeep Gupta as Chief Digital and Information Officer, according to ETCIO report. He will report to Prachur Sah, Dy CEO, Cairn Oil & Gas. In this new role, Sandeep will be leading the digital and technology function for Cairn and will work closely with SBU Leaders to drive business…
ABB’s Smart Power factory in Bangalore commanded the manufacturing stage at the Frost & Sullivan’s 17th edition of the India Manufacturing Excellence Awards. The factory bagged the Gold Award for manufacturing excellence in the Engineering Sector, Large Business, and is among the top three in the Smart Factory Awards category. The award for manufacturing excellence…
Indiassetz, a real estate banking platform, announced the appointment of Kapil Mishra as its Brand and Creative Consultant. Mishra comes with a background of creative excellence in advertising, working at companies like Lowe Lintas as Regional Creative Officer, Contract Advertising, Leo Burnett, JWT, Ogilvy etc. on brands such as Cadbury, Asian Paints, Flipkart, Swiggy, Tanishq,…
Alkem Laboratories Limited announced the appointment of Madhurima Singh to its Board of Directors, effective December 20, 2021. According to the company’s exchange filing, “We wish to inform you that the Board of Directors (“Board ‘) of Alkem Laboratories Limited (the’ Company”) at its meeting held today i.e. on 20th December, 2021 has appointed Mrs.…
Travel tech company Vervotech has appointed Dharmendra Ladi as Chief Executive Officer, effective immediately. Ladi takes over the role from co-founder Sanjay Ghare, who led the company through several important milestones, including its entry into the US & European markets, and the launch of its rapidly growing hotel mapping and content products. He also spearheaded…
Venerable announced the promotion of Parul Bhatia to Senior Vice President and Chief Actuary. In this new role, Bhatia will lead the organization’s valuation, inforce management and strategy, and capital management and modeling teams, continuing to oversee Venerable’s existing books of business as well as supporting efforts related to transactions involving new blocks in support of the…
Realtime media monitoring company Streem announced it has accepted an offer to be acquired by global communications intelligence company Cision. The terms of the deal were not disclosed, however the transaction results in a sale of 100% of Streem shares to Cision and will see the Streem brand and platform continue in Australia and New Zealand under its current…