Category: News

Cognizant to acquire France-based EI-Technologies

Cognizant has entered into exclusive negotiations to acquire the French operations of EI-Technologies, a Paris-based, privately-held digital technology consulting firm and leading independent Salesforce specialist in France. The proposed acquisition would complement Cognizant’s global Salesforce practice, expanding client resources in Europe. The planned acquisition requires advance consultation with the relevant works councils and would be…

Tulsa Winch Group appoints Arjun Mirdha as President

Tulsa Winch Group, a Dover company, announced the appointment of Arjun Mirdha as President, effective January 6, 2020. He will report to Dover’s President and Chief Executive Officer, Richard J. Tobin. Arjun will focus on expanding TWG’s broad portfolio of market-leading products globally. Arjun has over 24 years of global commercial and P&L leadership experience…

Wipro wins multi-year strategic IT deal from Marelli

Wipro Limited, a global information technology, consulting and business process services company, announced that Marelli has awarded it a multi-year, global, strategic IT deal. This partnership will help Marelli to standardize, simplify and further enhance their IT services at a global level and consolidate several current vendors across applications management services & workplace end user…

PayU India co-founder Shailaz Nag’s startup Dot raises $8 million

PayU India co-founder Shailaz Nag’s new startup, Dot, has raised an initial seed funding of around $8 million, led by PayU and Fosun RZ Capital to help offline merchants with their digitization journey. The funding round also saw participation from Info Edge Ventures and other well-known angel investors, which include Snapdeal founders Rohit Bansal and…

Here’s an opportunity to join Elon Musk at SpaceX

They are looking for people with a super hardcore work ethic, talent for building things, common sense & trustworthiness.For those interested in working at SpaceX, Founder and CEO Elon Musk put across an invite on Twitter to SpaceX’s career day being held at Boca Chica on on Feb 6, 2020 between 3 – 9 pm.…

Geek+ and Nike partner to provide advanced robotic solutions in Japan

Geek+, a global provider of smart logistics solutions, announced that it has powered same-day delivery for Nike in Japan, providing advanced robotics solutions to Nike’s new distribution center in Chiba, deploying more than 200 robots from its goods-to-person P series line. The smart robots carry Nike products and packages directly to the warehouse worker, reducing…

Algeco makes key management changes, appoints Mark Higson as new CEO

Algeco Group, the leading modular space leasing business in Europe and Asia Pacific, has announced that Mark Higson has joined the group as its new Chief Executive Officer. Algeco has also announced that Bruce Melizan, Chief Operating Officer, left the business on 31 January 2020. Mark was most recently the Managing Director of Wolseley UK, a…

Embibe raises Rs90 cr from Reliance Industries

Embibe, a Bengaluru-based edtech startup, announced that it has raised about Rs 89.91 crore from Reliance Industries. Reliance is the existing investor and shareholder in the edtech startup. Embibe was founded by Aditi Avasthi in 2012. Earlier, Reliance Industries had invested about $180 million in the startup over a period of three years. A part…

HSBC announces senior management changes

HSBC Holdings plc. has announced changes to its senior management team as a part of reorganization focused on positioning the Group for the next phase of its growth. Stephen Moss will be appointed Regional Chief Executive, with responsibility for Europe (ex-HBUK), the Middle East, Latin America, and Canada with effect from 1 March 2020. In…

HSBC to cut senior manager roles across its operations

job cuts

HSBC is expected to initiate a fresh round of job cuts as a part of an organisational restructuring focused on growth and boosting profitability. The job cuts will target senior managers ( as per a Reuters report), and would mainly hit operations in London and to a lesser extent in Asia. The bank will also…

BlackBerry Digital Workplace for modern workforce

Anywhere, anytime remote access to company resources and data is what empowers a modern, mobile workforce. BlackBerry Digital Workplace, from Blackberry Limited offers a secure robust workspace that provides users simple and secure online and offline access to corporate on-premise or cloud content. Present day workforce comprises a mix of full-time employees, contractors, seasonal workers,…

Larsen & Toubro Infotech expands strategic partnership with OKQ8 Scandinavia

Larsen & Toubro Infotech Ltd., a global technology consulting and digital solutions company, has expanded its engagement with OKQ8 AB Scandinavia. Over the next five years, this engagement will transform applications and infrastructure landscape with services that include Infrastructure-as-a-Service (IaaS), Security Services, Application Operations, Maintenance and Development, resulting in improved stability, availability, and predictability of…

Eddyfi/NDT completes the acquisition of NDT Global

Eddyfi/NDT, through a strategic partnership with Novacap and CDPQ, announced the acquisition of NDT Global. Headquartered in Dublin, Ireland, and with main operations in Stutensee, Germany, NDT Global is a premium ultrasonic pipeline inline inspection (“ILI”) and data analysis supplier for onshore and offshore pipelines worldwide.      Eddyfi/NDT will now have 1,000+ employees working in 20…

Brown-Forman Corporation appoints Siddharth Wadia as new GM for IMENA region

Brown-Forman Corporation, one of the largest American owned spirits and wine companies in the world and the owners of world’s best-selling whiskey Jack Daniel’s, has announced a new business head for IMENA (India, Middle East and North Africa) region. Siddharth Wadia, who was till recently Country Director – India Region, has been elevated to the…