HCLTech, a leading global technology company, has been recognized as a Leader in Everest Group’s ACES (Autonomous, Connected, Electric and Shared) Automotive Engineering Services PEAK Matrix Assessment 2023. According to Everest Group, HCLTech has an extensive portfolio of IP around telematics platform, battery management systems and LiDAR (Light Detection and Ranging), supported by a strong and…
KKR, a global investment firm, announced, in partnership with Flerie, the formation of a new global pharma services platform, Frontier Biosolutions (Frontier), which will invest in a portfolio of companies focused on specialized pharmaceutical services to advanced therapeutics customers. Frontier will invest in differentiated scientific capabilities and proprietary technology platforms that address critical bottlenecks in…
Hexaware Technologies, a leading global IT services and solutions company, today launched its new office in Dehradun. The office was inaugurated by the Honorable Chief Minister of Uttarakhand, Shri Pushkar Singh Dhami. Adding this all-new center to its global delivery network will bolster the brand’s capabilities to deliver cutting-edge Digital IT services to its customers across sectors and geographies. This launch comes as a part of Hexaware’s shift in…
Bertrand Meunier informed the Board of Directors of his desire to step down as Chairman and Director of the Board. The Nominations and Governance Committee, chaired by Elizabeth Tinkham, Lead Independent Director, conducted a thorough selection process with the support of a leading executive search firm, and assessed both internal and external candidates. At its…
Zydus Lifesciences Limited (including its subsidiaries/affiliates hereafter referred to as “Zydus”) a discovery-driven, global lifesciences company announced the appointment of Punit Patel as President and Chief Executive Officer, Americas. He will be responsible for the business operations of all Zydus entities in North America which include generics, injectables and specialty business, rare and orphan disease…
Tata Motors Limited (TML) has entered into share purchase agreements to sell 9.9% stake in Tata Technologies Ltd (TTL) for an aggregate consideration of INR 1,613.7 crore. TPG Rise Climate is the lead investor for this transaction, which ascribes an equity valuation of INR 16,300 Cr (~US$ 2.0 billion) for TTL. TTL, a subsidiary of…
ING, a global financial institution, announced the appointment of Sjoerd Miltenburg as its new Head of Investor Relations. He succeeds Mark Milders, who was made responsible for ING’s Wholesale Banking activities in the Netherlands on 1 October. Sjoerd Miltenburg is currently the global Head of Compliance People and Functional Processes, part of ING’s risk department.…
Venus Concept Inc. (Venus Concept), a global medical aesthetic technology leader, announced the promotion of Dr. Hemanth Varghese to the newly created role of President and Chief Operating Officer (COO), reporting to Chief Executive Officer, Rajiv De Silva, effective October 16, 2023. Dr. Varghese joined Venus Concept in October of 2022 as President and Chief…
Imagimake, a company into design & distribution of innovative range of educational toys, games and art & hobby products, has raised Rs. 20 Cr from Pidilite Ventures, a wholly owned subsidiary of Pidilite Industries. Imagimake designs and distributes an innovative range of educational toys, games, and art & hobby products. The company was founded in…
Accenture has acquired The Storytellers, a U.K. creative management consultancy that partners with CEOs and other C-Suite leaders to develop their narratives to accelerate transformational change and boost performance in their organizations. The acquisition will enhance Accenture’s capabilities in transformational change and further help clients with articulating and activating their vision and change strategies, a statement…
The European Union Chamber of Commerce in China has honored Trina Solar with the title of Decarbonisation Leader for its achievements in low-carbon transition and climate change mitigation. The company received the award at the 2023 Sustainable Business Awards conference and ceremony in Shanghai on Sept 6. The award recognises Trina Solar’s exceptional decarbonisation performance at a business operations level and is a…
HDFC Life Insurance Company Limited announced the re-appointment of Bharti Gupta Ramola as Independent Director on the company’s Board, with effect from February 12, 2024. According to the company’s exchange filing, “This is to inform that the Board of Directors in its meeting held today i.e. October 13, 2023, based on the recommendation of the…
SES, a leading provider of global content connectivity solutions, today announced that Adel Al-Saleh has been hired as the company’s Chief Executive Officer, effective February 2024. Since January 2018, Al-Saleh has been CEO at T-Systems International GmbH, the integrated IT services provider and subsidiary of telecommunications company Deutsche Telekom AG (DT), and he has served…
Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, announced its acquisition of Silverline, a digital transformation consultancy and Salesforce partner. Established in 2009 with its headquarters in New York City, Silverline guides clients through every stage of their digital transformation journey with consulting and advisory services, implementation and managed services, and specialty capabilities. By leveraging its…
Blue Yonder, a leading supply chain solutions provider, announced the signing of an agreement to acquire Doddle, a leading first and last mile technology business that was co-founded by Tim Robinson and Sir Lloyd Dorfman. Once completed, the deal will allow Blue Yonder’s already robust suite of supply chain management and commerce offerings to expand with…