Pooja Sheth, Founder and Managing Director of Limelight Diamonds, was felicitated as Technology Leader for Sustainable Diamond Creation at ET Business Icon award. ET Business Icons, an initiative by OMS – a Times group company identifies the contribution of the country’s most powerful enterprises in their respective fields. Limelight Diamonds is headquartered in Mumbai, and…
Moody’s Corporation announced that it has agreed to acquire Regulatory DataCorp (RDC), a provider of anti-money laundering (AML) and know-your-customer (KYC) data and due diligence services, for $700 million. The deal complements Moody’s 2017 acquisition of company data provider Bureau van Dijk (BvD), creating a global leader in compliance solutions, BvD’s fastest-growing business segment. The…
In a step to meet the increasing demand for electrification across industry, infrastructure and buildings in India, Siemens Ltd. has signed an agreement to acquire New Delhi-based C&S Electric Limited. The acquisition of one of the leading providers of electrical and electronic equipment for infrastructure, power generation, transmission and distribution, will strengthen Siemens’ position as…
Sodexo India, a leading provider of food services, has appointed its CFO Rohit Bahety to the role of country president. This is due to the resignation of Rishi Gour, previous Country President, from Sodexo this month. The appointment is effective from this month. Bahety will be responsible for driving corporate governance and strategic directorial responsibility…
LogiNext, a SaaS company providing solutions to manage and optimize logistics and field service operations, has raised $39 million funding from US-based marquee investors Tiger Global Management and Steadview Capital. The company was founded by Dhruvil Sanghvi and Manisha Raisinghani in 2014. Earlier, it had raised $10 million in a Series A round led by…
Triumph Motorcycles and Bajaj Auto India have formally commenced their exciting, long term, non-equity partnership in Pune, India. This is a unique moment, where two big companies that are product focused, are coming together to build a brand-new range of mid-capacity motorcycles. The partnership will see the two companies with their respective strengths in large…
Cohesity announced that it has opened a new facility in Pune, Maharashtra, and has plans to hire approximately 100 employees at that site, nearly doubling its presence in Pune. The new office is located in Axis Centra, a modern Class A commercial building in the western neighbourhood of Baner Balewadi and Hinjewadi, which is becoming…
Happay appoints Ramesh Iyer as its President and Chief Revenue Officer. Earlier, he was the Managing Director of SAP Concur. Besides his experience in travel and expense management, Ramesh also has 27+ years of experience in IT and Telecom and has also served in senior roles with P&L responsibilities in the Tata Group. Commenting on…
HCL Technologies, a global technology company, has presented its Wave Maker Awards 2020, commemorating global goodwill champions from around the world. The award ceremony, which was held at the HCL Pavilion in Davos, celebrated organizations and individuals passionately committed to such noble causes as diversity & inclusion, education & community upliftment, environment & sustainability, and…
Air conditioning and commercial refrigeration company, Blue Star Limited, announced that the Company has won the coveted ‘Golden Peacock Award for Corporate Ethics’ for the year 2019. Notably, Blue Star had just recently also won the prestigious ‘Golden Peacock Award for Excellence in Corporate Governance’ for the year 2019. Blue Star was declared winner from…
Tata Consultancy Services, a global IT services, consulting and business solutions organization, has been recognized as a Leader in the Everest Group PEAK Matrix for Talent Readiness for Next-generation IT Services. The report cites TCS’ well-established industrialized model for organically skilling and developing capabilities for next-generation IT skills, and investments in learning platforms and training…
Hexaware Technologies Ltd, provider of IT, BPO and consulting services has announced the appointment of Vishwanath Joshi as its new Chief People Officer. Joshi to replace Amberin Memon who retired after serving 25 years in the company. Joshi joins Hexaware from Great Place to Work, India where he was the Practice Head, involved in driving…
Samosa Singh, a Bengaluru-based food startup, announced that the company has raised $2.7 million in a Series A round of funding led by She Capital. The round also saw participation from other investors that include Fireside Ventures, Equanimity Investments, AL Trust, and Japan-based AET Fund. The company will use the funds to scale up its…
Pine Labs, an Indian merchant fintech platform based in Gurugram, announced that it has raised an investment from Mastercard. The amount raised remains undisclosed. As per the company’s press statement the investment is part of a partnership to keep the growth of different electronic payment options for consumers continue across the region. Lokvir Kapoor, Founder…
Brainly, a peer-to-peer learning community and educational technology company, has appointed Rajesh Bysani as its chief product officer (CPO). Prior to this, Bysani has worked for over 15 years, as mobile transformation lead at Google, CPO at Zoomcar, AVP (Product and Growth) at FreeCharge. In a media statement, Michał Borkowski, co-founder and CEO, Brainly, said,…