Sony Pictures Networks India has announced the appointment of Saugata Mukherjee as Head – Original Content, Digital Business. In his new role, Mukherjee will be heading the Hindi original content initiatives for SonyLIV. Prior to this, Mukherjee was working with Hotstar as Head of Development and Creative Editor – Hotstar Specials. WIth an experience of…
Fleetx.io, a fleet management and predictive analytics startup, announced that the company has raised $2.8 million in a Series A round of funding led by Singapore-based Beenext alongside existing investor India Quotient. The Series A funding round also saw participation from Snapdeal founders Kunal Bahl and Rohit Bansal, Rajesh Ranavat (MD, LiFung Capital), and Rohan…
Cognizant announced it has acquired Code Zero Consulting, a privately-held provider of consulting and implementation services for cloud-based Configure-Price-Quote (CPQ) and billing solutions. The acquisition further strengthens Cognizant’s cloud solutions portfolio and Salesforce CPQ and billing capabilities. Financial details were not disclosed. Founded in 2016, Atlanta-based Code Zero specializes in helping companies digitally transform by…
Worldline SA announced that the company has agreed to buy rival Ingenico Group SA in a $8.6 billion deal. The two European giants coming together in the payments space are set to create the industry’s fourth-largest player. Worldline said in a statement that it would buy domestic rival Ingenico in a deal consisting of 81%…
InterSystems, a global provider in information technology platforms for health, business, and government applications, announced that KLAS Research has named InterSystems TrakCare unified healthcare information system as the 2020 Best in KLAS award winner in the Asia/Oceania Region for Global Acute Care EMR, and InterSystems HealthShare Unified Care Record as the Category Leader for Interoperability…
In a major international competitive bidding process, the Metallurgical and Material Handling Strategic Business Group of L&T Construction has been awarded an order by Etihad Rail Company PJSC for the Design and Build of Freight Handling Facilities at seven strategic locations across United Arab Emirates. Etihad Rail Company PJSC has been established under the Federal…
Naari Pharma Private Limited announced that it has received an equity investment of about Rs. 125 crore from Ascent Capital, an India-focused growth capital provider that has backed more than 60 entrepreneurs build businesses across diverse sectors such as pharmaceuticals, healthcare, technology, financial services and consumer brands. Commenting on the development, Prithi S Kochhar, Co-Founder…
Anil Ambani’s sons Jai Anmol Ambani and Jai Anshul Ambani have resigned as members of the board of Reliance Infrastructure. The reason for stepping down remains undisclosed. As per the company’s exchange filing, Jai Anmol Ambani and Jai Anshul Ambani ceased to be on the board from January 31. There is no news of them…
AirAsia has announced the appointment of Tharumalingam a/l Kanagalingam, also known as Bo Lingam as its Acting Chief Executive Officer. The decision comes post stepping down of its CEO and Executive Chairman over bribery allegations. Bo Lingam joined AirAsia in 2001 as a Ground Operations Manager, responsible for the implementation of the low-cost concept in…
AirAsia, a Malaysia-based airline, has announced the stepping down of its Chief Executive Tony Fernandes and Executive Chairman Kamarudin Meranun with immediate effect. As per the company’s exchange filing, both men were to stand down “for a period of two months or such other period that the company may deem fit.” The two executives have…
Centene Corporation, a Fortune 100 company, announced the appointment of Chris Koster to Senior Vice President, Secretary and General Counsel, effective February 19, 2020. Koster will oversee all legal functions for the company, reporting directly to Chairman, President and CEO Michael F. Neidorff. Koster joined Centene in 2017 as Senior Vice President, Corporate Services. Prior…
Centrum Housing Finance Ltd, an affordable housing finance company, announced that a fund managed by Morgan Stanley Private Equity Asia will invest ₹190 crore to acquire a significant minority stake in the company. The investment is seen as first such external institutional funding in the Mumbai-based lender promoted by Centrum Capital Ltd. As per the…
Tata Consultancy Services (TCS), a global IT services, consulting and business solutions organisation, has been named the #1 Top Employer in the UK by the Top Employers Institute. TCS received this recognition for the third consecutive year and has been a Top Employer in the UK for the last 10 years. The certification recognises TCS’…
Ashok Leyland Limited, flagship of the Hinduja Group, achieved the rank of global No.3 in the MHCV bus makers list for the calendar year 2019, based on reports released by SIAM, OlCA (Organisation internationale des Constructeurs dlAutomobiles), and IHS Markit. Ashok Leyland have been pioneers in the MHCV bus market and have introduced several path-breaking…
Punjab National Bank has partnered with Uniken to integrate its REL ID platform for PNB Verify app. This integration will help PNB ensure a flawless and error-free environment for all transactions made on the app by the users, thereby eliminating the risk of all possible cyber threats. Uniken has been working with other major national…