Finance Minister Nirmala Sitharaman has made a provision of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises (MSME) sector in the Union Budget 2021-22, the ANI report states. “We have taken a number of steps to support the MSME sector in this budget. I have provided Rs 15,700 crore more than…
Jio Haptik Technologies Limited, a conversational AI company and a subsidiary of Reliance Jio Platforms, has announced its partnership with Salesforce Service Cloud. This enables existing Salesforce Service Cloud customers to leverage Haptik’s Conversational AI technology to enhance customer experience. Haptik’s CTO and Co-founder , Swapan Rajdev said: “Bringing Haptik’s Conversational AI technology to Salesforce…
Lupin Limited (Lupin), global pharmaceutical company, announced the appointment of Mark D. McDade as an Independent Director effective January 28, 2021. McDade is the co-Founder and Partner at Qiming Venture Partners, USA where he led several high-value investments in biotherapeutics, including cell and gene therapy and digital health. With a career spanning over 37 years,…
Former CEO of Star India and President of Walt Disney Asia Pacific, Uday Shankar, has joined the board of financial daily Business Standard as a non-executive director, according to an announcement made by the management in an internal memo. Most recently, Shankar joined hands with James Murdoch’s Lupa Systems for a new venture which will…
CIE-IIITH, a deeptech academic incubators in India alongwith Headstart Network (Hyderabad Chapter), known for its Startup Saturdays and programs supporting early stage startups, signed an MoU with MUST Research for running AI Product Development Bootcamp. Through this association, the 3 parties will collaborate to organize and run a 5-day bootcamp every month starting from February 2021. MUST Research mainly focuses on advanced research…
Rohit Ambosta has joined Sharekhan as Chief Information Officer. Most recently, Ambosta served as CIO and Assistant Director at Angel Broking, where he successfully executed several IT projects and has mapped down the digitization journey of the broking firm. Founded in 2000, Sharekhan has been a subsidiary of BNP Paribas since November 2016. It has…
GoToMobility, a real-time intercity mobility app, has raised $150,000 from ex-Uber finance head Jesse Lucas. Post funding, the startup is valued at about $11 million. Lucas was the 15th employee of Uber and took it up to the IPO in 2018. His knowledge and expertise in this business is surely more valuable than his investment…
Garage Worldwide announced the appointment of Omkar Joshi as Chief Creative Officer. Prior to this, Joshi was executive creative director at Schbang. Prior to that, Joshi had worked with Gozoop Online Pvt. Ltd., Adventura Media, Omnitech InfoSolutions, Vodafone India, and Motif Inc. Joshi holds an MBA in Marketing and Operations from Institute of Management, Nirma…
New Delhi-based wellness company Vahdam India has appointed Mohit Bajaj as its new Chief Financial Officer. He will report to Bala Sarda, Founder and CEO of Vahdam India. Established in 2015, Vahdam Teas have been shipped to 80 countries with USA, Russia & Europe being it’s top markets. In his new role, Bajaj will look…
The Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, has announced the appointment of David Morley as new MD and Regional Head for Europe. In his new role, Morley will head the London office and work closely with the various asset class managers in the region, while serving on the management…
Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, has been named a Global Top Employer by the Top Employers Institute for the sixth successive year. TCS was one of only 16 companies worldwide to receive the recognition. In the country-wise rankings, TCS achieved the Top 3 status in 18…
Microland, a global digital transformation company has announced the appointment of Vivek Radhakrishnan as Senior Vice President, North America to accelerate the business growth in the region. In this new role, Vivek will be responsible for all Microland’s business in the USA and will be based out of Iselin, New Jersey. Vivek joins Microland with…
EW Nutrition, a global provider of animal nutrition solutions, has announced that it has acquired the Feed Quality and Pigments business from Novus International, Inc. Under the terms of the agreement, EW Nutrition becomes the owner of world-renowned brands such as Santoquin® feed preservative, SURF●ACE® feed mill processing aid, and Agrado® feed ingredient. The acquisition…
Cognizant has been certified as a Top Employer in Australia, Belgium, Brazil, China, France, Germany, Lithuania, the Netherlands, Norway, Singapore, Spain, Sweden, Switzerland, UAE, and the UK. For the first time, Cognizant was also certified as a Top Employer in Argentina and Mexico. For Europe, the company received regional certification for the 7th consecutive year.…
Happilo, a Bengaluru-based snacking brand, has raised Rs 100 crore from A91 Partners in its first external funding round. “The capital raised will be used for capital expenditure, for automation and to expand marketing and distribution capabilities,” said Vikas Nahar, founder director at Happlio. “We are well capitalised for another 12-18 months, post which we…