Bengaluru-based technology firm I Square Tek opened the India Offshore Development Centre for Hewlett Packard Enterprise Aruba Networking in Bengaluru, according to the PTI report. The Offshore Development Centre (ODC) of I Square Tek will provide 24×7 support for global Enterprise customers. I Square Tek is an emerging leader in Networking, Cybersecurity, Application Support & Testing Practices…
Toyota will prepare for assembly of an all-new, three row battery electric SUV in the U.S. as part of a new $1.4 billion investment in its Princeton facility, affirming Toyota’s commitment to reinvesting profits in its U.S. operations and bringing total investment in Toyota Indiana to $8 billion. This also brings the addition of up to 340 new, high-quality jobs…
UiPath, a leading enterprise automation and AI software company, announced the launch of two new data centers in Pune and Chennai, as part of its global expansion initiative. UiPath Automation Cloud will offer enhanced services to customers and partners in the Indian market, ensuring strategic positioning of infrastructure, applications, and data, a statement said. The launch of…
Microsoft Corp. and The Coca-Cola Company announced a five-year strategic partnership to align Coca-Cola’s core technology strategy systemwide; enable the adoption of leading-edge technology; and foster innovation and productivity globally. As part of the partnership, Coca-Cola has made a $1.1 billion commitment to the Microsoft Cloud and its generative AI capabilities. The collaboration underscores Coca-Cola’s ongoing technology transformation,…
Investment funds managed by KKR, a leading global investment firm, have agreed to acquire Immedica Pharma, a pharmaceutical company headquartered in Stockholm, Sweden, focused on the commercialization of medicines for rare diseases and specialty care products. Existing owner, Nordic healthcare investment firm Impilo, will reinvest to become an equal owner alongside KKR. The transaction is subject to…
Dialog Axiata PLC (Dialog), Axiata Group Berhad (Axiata) and Bharti Airtel Limited (Bharti Airtel), signed a Definitive Agreement to combine their operations in Sri Lanka. Under this agreement, Dialog will acquire 100% of the issued shares in Airtel Lanka, in consideration of which Dialog will issue to Bharti Airtel, ordinary voting shares which will amount…
BNY Mellon, the global financial services company, is collaborating with Accenture, a leading professional services company, to modernize financial services offerings with an initial focus on data management and analytics product development and delivery. The companies will use leading technologies to unleash the power of data at new speed to help their joint clients drive…
Computer Age Management Services Limited (CAMS), India’s largest registrar and transfer agent of mutual funds (a SEBI regulated entity), has hired graduating professionals from IIT, IIM and other premier institutes under its FUEL (Future Emerging Leaders) program. The 21-month immersive learning program – FUEL (Future Emerging Leaders) focuses on building a talent pipeline of new…
KKR, a global investment firm, announced the launch of its Global Wealth Investment Council (“GWIC”). Comprised of ten experts from leading wealth management firms around the world, the GWIC is designed to serve as a forum for constructive dialogue and knowledge exchange on the topics of macroeconomics, capital markets, asset allocation and the role of private markets…
Tejas Networks announced that it has signed a Memorandum of Understanding (MoU) with Telecom Egypt (TE), ITIDA (Information Technology Industry Development Agency) and NTI (National Telecom Institute) to replicate its experience of implementing Bharatnet (Rural Broadband Project) and NKN (National Knowledge Network) projects in Egypt. Other broad areas of cooperation include capacity building of Egyptian…
Tata Consultancy Services (TCS) has announced the opening of its new Pace Port, a dedicated innovation hub in the heart of London that aims to drive and accelerate innovation-led growth in the United Kingdom while helping businesses bring innovation to life. With its strategic location in the heart of London, the TCS Pace Port Innovation…
Zoomcar Holdings, Inc. (Zoomcar), the NASDAQ-listed leading marketplace for car sharing, and EaseMyTrip, one of India’s largest online travel platforms, today announced a strategic partnership to offer customers unparalleled convenience in their travel arrangements. With this partnership, Zoomcar’s wide range of self-drive cars have been seamlessly integrated into the EaseMyTrip platform, allowing users to book their preferred…
Country Builders Bank, Inc. (CBB), a prominent rural bank in the Philippines, serving a diverse clientele across Metro Manila, Cavite, Laguna, Rizal, and Bulacan areas, announces its strategic collaboration with Kiya.ai, a leading fintech firm based in India, to advance its banking infrastructure. Recognizing the imperative for digital transformation and operational efficiency, CBB has partnered with Kiya.ai for a…
ZEE Entertainment Enterprises Ltd. (ZEE), announced the strategic changes in the Technology and Data vertical, implemented by its MD & CEO, Punit Goenka, under the guidance of the Company’s Board. The MD & CEO has accepted the resignation of Nitin Mittal. Amrit Thomas, responsible for Data Science, Kishore Krishnamurthy, responsible for Engineering, Bhushan Kolleri, responsible…
Jubilant Ingrevia Limited, a prominent player in India’s sustainable manufacturing, announced that it has partnered with O2 Renewable Energy XVIII Private Limited (‘O2 Renewable’, a group company of O2 Power SG PTE. LTD, Singapore), a leading renewable energy developer. This partnership marks a significant step for the Company towards establishing renewable energy power generation using…