TiE Silicon Valley, the founding chapter of TiE, announced that Jagdeep Singh Bachher, the University of California’s chief investment officer, will join the TiE Silicon Valley Board. Bachher is responsible for managing more than $150 billion across the UC endowment, pension, retirement savings, working capital, and insurance assets, a statement said. “Innovation and entrepreneurship are critical to solving the…
Category: News
TCS strengthens AI readiness, launches new AI Experience Zone
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•With an aim to create one of the worlds’ largest AI ready workforce, Tata Consultancy Services (TCS) has strengthened its AI capabilities across its value chain. After training over 150,000 employees in the foundational skills of Generative AI, TCS has launched an AI Experience Zone, to foster hands-on proficiency in Artificial Intelligence (AI) and Generative…
Reliance Home Finance CEO Prashant Utreja resigns
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•Reliance Home Finance Limited announced the resignation of Prashant Utreja as Chief Executive Officer of the company, with effect from January 11, 2024. According to the company’s exchange filing, “This is to inform that Mr. Prashant Utreja has ceased to be the Chief Executive Officer and Key Managerial Personnel of the Company and resigned with…
Belden opens new Customer Innovation Center in Bengaluru
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•Belden Inc., a leading global supplier of network infrastructure and digitization solutions, today inaugurated its fifth Customer Innovation Center (CIC) in Bengaluru, India. The new CIC will serve as a strategic hub for co- innovation, bringing together customers, partners and Belden experts to develop, test and validate industry-leading solutions that address the unique challenges of…
Crompton wins the National Safety Award 2023 at the 11th Global Safety Summit
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•Crompton Greaves Consumer Electricals Ltd. (CGCEL), one of India’s leading consumer electrical companies, has been recently honoured with the esteemed National Safety Award 2023 at the 11th Global Safety Summit organized by the Fire and Safety Forum (HQ- World Safety Forum London, United Kingdom) and United Nations Global Compact Network India. The company was recognized…
Infosys to acquire InSemi
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•Infosys, a global leader in next-generation digital services and consulting, today announced a definitive agreement to acquire InSemi, a leading semiconductor design and embedded services provider. This strategic investment further strengthens Infosys’ Engineering R&D capabilities and demonstrates its continued commitment to co-create with global clients to help them navigate their digital transformation journey, a statement…
Hikal appoints Ravi Kapoor to its Board of Directors
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•Hikal Limited, a leading global speciality chemicals company, announced the appointment of Ravi Brijmohan Kapoor as Additional Director in the category of Independent Director on the company’s Board, with effect from January 11, 2024. According to the company’s exchange filing, “the Board of Directors of the Company at its meeting held today i.e. on January…
Accenture announces acquisition of Navisite
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•Accenture has entered into an agreement to acquire Navisite, a digital transformation and managed services provider. The addition of Navisite will bolster and scale Accenture’s application and infrastructure managed services capabilities to help clients across North America modernize their IT for the AI era. The terms of the acquisition from private equity investment firm Madison Dearborn…
Guidewire appoints Mohammed Anzy as VP and MD of Guidewire India
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•Guidewire announced the appointment of Mohammed Anzy as Vice President (VP) of Engineering and Managing Director of Guidewire India. Anzy is the former Chief Operating Officer (COO) of SAP Labs in India, SAP’s largest research and development (R&D) center outside Germany. He will lead operations as well as engineering execution in Guidewire’s development centers in…
Vertiv announces expansion plan, opens new manufacturing facility in India
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•Vertiv, a global provider of critical digital infrastructure and continuity solutions, has inaugurated a new manufacturing facility in Chakan, Pune, to meet the surging demand for data centers and supporting infrastructure solutions in India. Complementing Vertiv’s existing manufacturing facilities in Ambernath and Pune, the new plant manufactures thermal management products and solutions tailored for data centers, telecom, commercial…
Riyaz Ladiwala resigns as President and Head of Technology & Operations of Nuvama Wealth Management
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•Nuvama Wealth Management Limited, earlier known as Edelweiss Securities, announced the resignation of Riyaz Ladiwala as President and Head of Technology & Operations, with effect from January 10, 2024. According to the company’s exchange filing, “Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing…
Reliance Home Finance appoints Gopala Ramaratnam, Ravishekhar Pandey and Heena Jaysinghani to its Board
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•Reliance Home Finance Limited announced the appointment of Gopala Ramaratnam, Ravishekhar Pandey and Heena Jaysinghani to its Board of Directors, with effect from January 10, 2024. According to the company’s exchange filing, “We hereby wish to inform that the Board of Directors through circulation have appointed Mr. Gopala Ramaratnam, Mr. Ravishekhar Pandey and Ms. Heena…
InvestCloud appoints Jeff Yabuki as Chairman and CEO
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•InvestCloud, a global provider of wealth and asset management solutions, announced the appointment of Jeffery W. Yabuki (Jeff) as Chairman and CEO. In this role, Jeff will lead InvestCloud’s strategy and operations, with a key focus on excellence of client delivery. Jeff’s leadership will further empower InvestCloud’s clients and partners with its scalable technology platform.…
Marlabs acquires Onebridge
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•Marlabs LLC., a digital solutions company, announced that it has acquired Indianapolis-based Onebridge to accelerate its growth in AI and data analytics space. “Marlabs is thrilled to welcome the Onebridge team into the Marlabs family and is excited about the potential the company brings in the AI and data analytics space. Our businesses are highly complementary,…
Sanofi India names Radhika Shah as Head of Legal
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•Sanofi India Limited (SIL), a healthcare company, announced that Radhika Shah, Company Secretary of the company, to assume additional role of Head of Legal, with effect from January 15, 2024. According to the company’s exchange filing, “Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (‘Listing Regulations’), we wish to inform…