Categories
Press Release

KKR Closes $2.8 Billion Global Impact Fund II

KKR, a leading global investment firm, today announced the final closing of KKR Global Impact Fund II (“GIF II” or the “Fund”), a $2.8 billion fund dedicated to investing in companies whose products and services contribute measurable progress toward the United Nations Sustainable Development Goals (“SDGs”). The Fund is the successor fund to the first KKR Global Impact […]

Categories
Press Release

Accenture and Salesforce Collaborate to Help Life Sciences Companies Create Differentiation with Data and AI

To help life sciences companies create sustainable value and drive growth, Accenture and Salesforce are investing in the development of Salesforce Life Sciences Cloud including new innovations, assets and accelerators, powered by data and artificial intelligence (AI). Building on the recently announced Accenture and Salesforce generative AI collaboration, the companies will leverage their joint generative AI acceleration hub […]

Categories
Executive Movements

Akshay Verma joins SpotDraft as Chief Operating Officer

Legal ops maven Akshay Verma joins SpotDraft as its Chief Operating Officer. Verma, celebrated for his transformative roles at tech behemoth Meta and crypto giant Coinbase, will bring a fresh wave of operational excellence to SpotDraft, a statement said. At Coinbase, Verma was instrumental in establishing and growing the legal operations function, joining in April 2022 […]

Categories
Executive Movements

Bikaji Foods International appoints Sunil Sethi to its Board

Packaged Foods company Bikaji Foods International Limited announced the appointment of Sunil Sethi as Additional (Non-Executive Independent) Director on the Board of the company, with effect from November 6, 2023. According to the company’s exchange filing, “We hereby inform you that in continuation to our letter bearing Ref. No. BFIL/SEC/2023-24/123 dated November 06, 2023 and […]

Categories
Executive Movements

Camlin Fine Sciences appoints Nilesh Jadhav as COO

Camlin Fine Sciences Limited announced the appointment of Nilesh Jadhav as Chief Operating Officer of the company, with effect from December 1, 2023. According to the company’s exchange filing, “Pursuant to Regulation 30 of the Listing Regulations, this is to inform the appointment of Mr. Nilesh Jadhav w.e.f. December 1, 2023 being designated as Chief […]

Categories
News

Parag Milk Foods announces strategic association with Boston Consulting Group

Parag Milk Foods Limited (PMFL), a leading manufacturer and marketer of dairy-FMCG products in India, announced a strategic association with Boston Consulting Group (BCG). This collaboration aims to drive sustainable growth and implement cost-effective practices throughout the organization. In addition to continuously providing innovative and high-quality dairy products, PMFL has also continuously increased their market […]

Categories
Acquisition

FPT acquires product engineering services firm Cardinal Peak

Vietnam’s leading corporation FPT announces its acquisition of the US-based company Cardinal Peak, a strategic move to strengthen its product engineering delivery capabilities in North America. As part of FPT’s global growth strategy, this investment leverages Cardinal Peak’s expertise and 20-year experience of delivering end-to-end product engineering services, including hardware, embedded software, IoT, cloud, and […]

Categories
Executive Movements

Thomson Reuters elevates Ravi Rangaraju to Director – Regional HR, India

Thomson Reuters has promoted Ravi Rangaraju to Director – Regional HR, India, according to ETHRWorld report. Prior to this promotion, Rangaraju was Senior Human Resources Manager and HRBP Leader for Technology at the company. He has been working at Thomson Reuters for more than 16 years. He joined the organisation in 2007 as HR Business […]

Categories
Executive Movements

Bharti Airtel Chief Product Officer Adarsh Nair resigns

Bharti Airtel, a global communications solutions provider, announced the resignation of Adarsh Nair as Chief Product Officer of the company, with effect from February 15, 2024. According to the company’s exchange filing, “we wish to inform you that Mr. Adarsh Nair, Chief Product Officer of the Company has resigned and accordingly, ceases to be a […]

Categories
Acquisition

Meritech to acquire AZENQOS

Meritech, a leading manufacturer of Mobile Network T&M, Network Optimization, and LPWA (Low Power Wide Area) IoT solutions announced that it has acquired AZENQOS (AZQ), a Thailand-based 5G network testing solution provider. This acquisition will be executed through its group company, Meritech Software Private Limited, India (Meritech) and encompasses AZENQOS’s flagship offering, AZENQOS ANDROID DRIVETEST for wireless networks. […]

Categories
Investment

Arvind Fashions exits Sephora India business

Arvind Fashions Limited (AFL), India’s leading casual and denim player, has signed definitive agreements with Reliance Beauty & Personal Care Limited (RBPCL) to sell its wholly owned subsidiary Arvind Beauty Brand Retail Limited (ABBRL) which runs its Sephora India business, in an all cash transaction. RBPCL is a wholly owned subsidiary of Reliance Retail Ventures […]

Categories
Acquisition

Accenture acquires Spain-based cybersecurity company Innotec Security

Accenture has acquired Innotec Security, a privately held company specializing in cybersecurity-as-a-service, cyber resilience and cyber risk management, expanding its capabilities and footprint in Spain. Innotec Security was previously owned by parent company Entelgy Group. Financial terms were not disclosed. Founded in 2002 and headquartered in Madrid, Spain, Innotec Security is one of the most prominent cybersecurity service […]

Categories
Investment

Ryan opens new Bengaluru office, expanding its India operations

Ryan, a global tax services and software provider, announced the opening of a new office in Bengaluru. The addition of the Bengaluru office further expands Ryan’s India operations and will support property tax and sales and use tax along with other service delivery and tax.com teams, a statement said. The new Bengaluru office is located on […]

Categories
Acquisition

Larsen & Toubro announces divestment of L&T Infrastructure Engineering Limited

Larsen & Toubro (L&T), an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services, has announced the divestment of its 100% stake in L&T Infrastructure Engineering Limited (LTIEL), a provider of standalone engineering consultancy services for the infrastructure sector in India. The stake has been acquired by STUP Consultants Private Limited, a subsidiary of […]

Categories
Acquisition

Accenture acquires The Shelby Group

Accenture has acquired The Shelby Group, a leading provider of digital procurement and optimization services. The acquisition further enhances Accenture’s capabilities in sourcing and procurement technology transformation, a statement said. Founded in 2002 with headquarters in Schaumburg, Illinois, The Shelby Group is a procurement technology consultancy with deep experience in Coupa and Ivalua solutions. It helps […]