Category: News

NIIT appoints Archit Shankar as Head of Marketing for its Career Education business

NIIT Limited, a global skills & talent development company and leading provider of managed training services has announced the appointment of Archit Shankar as Head of Marketing, Career Education Business. At NIIT, Archit will be responsible for the end-to-end marketing function for the Career Education Business. His core responsibilities will be to charter the course for NIIT Digital by redefining the…

Sixth Sense Ventures invests in India’s Plant-Based Alternate Meat Company – GoodDot

Consumer venture fund Sixth Sense Ventures invests in India’s Plant-Based Alternate Meat Company – GoodDot. The investment will enable Udaipur-based GoodDot to further cement its status in the plant-based meat space in India while supporting its international growth, on the back of increased emphasis and spend on R&D, marketing, and channel broadening. The Company sells…

Automovill announces 100 per cent increase in talent pool in new hiring drive

Automovill, a full-stack mobility start-up, focused on car after-sales services is planning to double its manpower by the end of the current fiscal year. The company said in a statement, “In the post covid era wherein there have been major job cuts, the hiring announcement from Automovill comes as a cheer to the talented professionals.…

Mantra Data Centers to invest $1 Billion to develop data centers in India

Mantra Data Centers, an independent data center platform and wholesale colocation provider has announced significant investment plans across India. MDC will design, build and operate state-of-the-art Data Center facilities with an initial IT load of 20MW in each of the key data hubs: Mumbai, NCR (Delhi), Chennai, Bangalore, Hyderabad and Kolkata. The company said in a…

Edtech startup Skill-Lync raises $17.5 mn from Iron Pillar, others

Skill-Lync, an engineering-focused edtech startup, announced it has raised $17.5 million in a Series A funding round led by Iron Pillar, according to ET report. Binny Bansal (co-founder of Flipkart), Sai Krishnamurthy (ex-Flipkart; co-founder of Xto10X) and Rashmi Kwatra (founder of Sixteenth Street Capital) also participated in the funding round. The capital raised will be…

Chad Hotovec named as CEO and Director of Burns & McDonnell India

Burns & McDonnell India, has named Chad Hotovec as its next CEO and director. Hotovec joined parent company Burns & McDonnell in 2006 as a project controls specialist, and most recently served as a vice president in the Oil, Gas & Chemical Group at Burns & McDonnell India for four years. “Chad has shown steadfast…

Capital Trust announces PTC Transaction of about Rs 280mn with U GRO Capital

Capital Trust Limited (Capital Trust), a digitally enabled non-banking finance company (NBFC), specialising in providing income generating micro business loans in tier 3-5 regions, announced that it has entered into PTC (Pass Through Certificates) transaction with U GRO Capital Limited, a technology focused small business lending platform. This is the first time U GRO Capital…

UST plans to hire over 10,000 new employees this year

Digital transformation solutions company UST announced its plan to hire over 10,000 new employees this year across the globe, with a focus on North America (US, Mexico, Canada, Costa Rica), South America (Chile, Peru, Argentina, Colombia), Europe (United Kingdom, Spain, Germany, Bulgaria, Romania, Ukraine, Austria, Switzerland, Poland, Belgium, Netherlands, Luxembourg), APAC (India, Israel, Malaysia, and Singapore)…

Infoglen ropes in Ram Ramalingam as Chief Marketing Officer

Infoglen, the Silicon Valley-based tech company and an advanced Salesforce partner, announced that it has onboarded Ram Ramalingam as its Chief Marketing Officer to help ramp-up its goals around strategy, branding & digital. In just over 6-years, Infoglen has garnered a serious reputation in the Salesforce consulting space in North America by winning (& delivering) turnkey innovation projects for…

Eiko Lifesciences appoints Avi Vijaykumar Mundecha as Company Secretary and Compliance Officer

Eiko Lifesciences Limited announced the appointment of Avi Vijaykumar Mundecha as Company Secretary and Compliance Officer, effective from August 02, 2021. He succeeded Chintan Bharatbhai Doshi, who resigned from the role, w.e.f Aug 02, 2021. According to the company’s exchange filing, “the Board of Directors of the company at its meeting held today i.e on…

Accenture completes acquisition of consulting capabilities for PLM and ALM from DI Square

Accenture has completed its acquisition of DI Square’s consulting capabilities for product lifecycle management (PLM) and application lifecycle management (ALM) systems integration to expand Accenture’s engineering expertise. Terms of the transaction, which Accenture announced on June 14, were not disclosed. Accenture acquired DI Square’s PLM and ALM-related know-how and client contracts as well as approximately 70 DI Square professionals,…

Carlyle Aviation completes acquisition of Fly Leasing

Global investment firm Carlyle and Fly Leasing Limited announced that an affiliate of Carlyle Aviation Partners (Carlyle Aviation) completed its previously announced acquisition of FLY. Carlyle Aviation is the commercial aviation investment and servicing arm within Carlyle’s $61 billion Global Credit platform. The closing of the transaction follows the receipt of regulatory approval from all government authorities…

Hawkins Cookers announces three new appointments to its Board

Hawkins Cookers Limited announced the appointments of Tej Paul Sharma, Neil Vasudeva and Murli Aildas Teckchandani to its Board, effective from August 01, 2021. The company has appointed Tej Paul Sharma as a Wholetime Director designated as Executive Director-Sales for the period August 1, 2021, to September 30, 2023, the exchange filing said. Neil Vasudeva…