Wipro Limited, global information technology, consulting and business process services Company, has won a five-year contract for software engineering services engagement from ThoughtSpot. As part of the five-year engagement, Wipro will enhance various components of ThoughtSpot’s Search and Analytics platform to help scale feature development. Wipro will leverage its EngineeringNXT framework and Product POD (accelerated…
Microsoft has named Christopher Young as executive vice president of business development. He will report directly to Microsoft Chief Executive Officer Satya Nadella. Under his new role, Christopher Young will be responsible for developing Microsoft’s global business development strategies that drive growth across the company. This includes leading the evaluation and execution of strategic partnership…
Mumbai based Credit platform Blacksoil has raised Rs 110 crore from high networth individuals and family offices for its maiden secured alternate investment fund (AIF) called BlackSoil India Credit Fund (BICF). Eyeing 30 deals from BICF with an average of Rs 10-20 crore per investment, excluding real estate companies, the firm is aiming to secure…
Manufacturing sector of the Indian industry has consistently underperformed in the last few decades, with a mere 16-17% contribution to the GDP…Will PLI be able to increase the sector’s contribution and actualize its growth potential?
Global technology company, Shutterstock has announced the acquisition of certain assets from Amper Music. Shutterstock’s acquisition of Amper will strengthen its capabilities in artificial intelligence, particularly in content search and discovery of tracks composed by Shutterstock’s community of artists as well as editing tools for Shutterstock users. As part of the transaction, Amper’s employees…
Indian state-owned steel making Company, Steel Authority of India Limited (SAIL) has rolled out a scheme to facilitate better work-life balance of its employees. Under this scheme, employees up-to E-7 (general manager) grade can opt from various shorter working hours options like three days a week, every alternate day, four hours every working day or…
Around 54% of the Indian youth is not employable…one of the reasons being lack of skills possessed by the youth…How can the Indian government upscale its skilling programmes to create more jobs?
Jet Airways is close to flying again as new owners look for executives to lead the airline. After winning the bid for Jet Airways, Kalrock Capital-Murari Jalan consortium has approached Aditya Ghosh, Prock Schauer along with some other industry veterans for leadership roles. Former President and Member of the Board of IndiGo, Aditya Ghosh has…
Infosys, the global leader in next-generation digital services and consulting, announced that it has won the Diamond award—the highest category of recognition—at Information Technology Services Marketing Association’s (ITSMA) 23rd Annual Marketing Excellence Awards Program. Infosys was awarded in the category of ‘Driving Strategic Growth’, for building and scaling Big Bet Campaigns and ‘Scaling and Optimizing…
Legal India Law Services, a full service law firm established in 1999 has announced the merger of boutique compliance and litigation practice S D Services with Link Legal. The compliance practice will offer end to end solution including compliance audit and management services through a technology-based platform. This practice will add great value to the…
Gabbardeals, an omnichannel mobile phone retail brand, announced that it has acquired InstaOne Software, a Software as a Service (SaaS) company providing retail and distribution solutions. Financial details of the deal remain undisclosed. The acquisition will allow Gabbardeals to build a full stack of Point of Sale systems to better last-mile connectivity and deliver consumer…
NewDay USA announced it has hired Abhishek Prakash as CEO of its subsidiary, NewDay India, headquartered in Hyderabad, Telangana, India. “Abhi’s experience in operations, strategy and business development, and building teams over the past 13 years at Schlumberger will be a valuable addition to NewDay,” said NewDay USA Founder and CEO Rob Posner.” As CEO…
Happiest Minds Technologies Limited, a ‘Born Digital . Born Agile’, digital transformation and IT solutions company and Io-Tahoe have entered a strategic partnership to provide their esteemed clients with effective Data Discovery and Governance solutions. This will help improve data security and maturity within companies and minimize their data risk exposure, Happiest Minds Technologies said…
Spotify Technology, the world’s most popular audio streaming subscription service, announced that the company has entered into a definitive agreement to acquire Megaphone, one of the world’s most innovative podcast advertising and publishing platforms. Together, Spotify and Megaphone will help advertisers and podcast publishers realize the full potential of podcasts. The two companies will achieve…
Prabhat Singh has joined a Reliance Industries Ltd affiliate firm, after completing a five-term term at Petronet, India’s largest liquefied natural gas importer, according to ET report. “Singh joined the business leadership team of the India Gas Solutions (IGS),” P M S Prasad, Reliance Industries executive director, said. Earlier in August, Sanjiv Singh, former Indian…