WorkIndia, India’s leading blue-collar recruitment platform, has entered a strategic collaboration with Branch International (India) a leading NBFC with presence across all 28 Indian states that aims for financial inclusion for the underbanked. Recognising the unique financial needs of their extensive blue-collar user base, WorkIndia has identified the demand for hassle-free loans among workers who…
Category: Press Release
TCS named Global Top Employer for 2024
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•Tata Consultancy Services (TCS) has been recognized as a Global Top Employer by the Top Employers Institute, a global authority that honours excellence in people practices. TCS’ pioneering employee engagement and talent development initiatives have reinforced its position as a global employer of choice for the ninth consecutive year, a statement said. The global certification follows a…
Fairfax India agrees to invest up to $200 mn liquidity support to IIFL Finance
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•Fairfax India Holdings Corporation (Fairfax India), a longstanding investor in IIFL Finance Limited (the company), has announced its commitment to provide liquidity support amidst the recent Reserve Bank of India (RBI) embargo effective March 5, 2024, on the company’s gold loan disbursements. The RBI’s embargo has raised liquidity concerns amongst the company’s investors and lenders.…
Accenture completes acquisition of Jixie
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•Accenture has completed the acquisition of the business of media and marketing technology company Jixie. Jixie’s intelligent digital marketing platform and team will be integrated into Accenture to strengthen its marketing transformation capabilities and resources through Accenture Song – the firm’s tech-powered creative group—helping Indonesian clients deliver more personalized experiences to enhance customer engagement for sustainable business growth.…
INCIT and TÜV SÜD in India team up to drive smart manufacturing across industries
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•International Centre for Industrial Transformation (INCIT), a non-profit Environment, Social and Governance (ESG) organisation, and TÜV SÜD South Asia, a leading certification, testing, auditing, inspection and training company, have signed a partnership agreement to establish the first-ever Smart Industry Readiness Index (SIRI) training and examination centre in India. The document was signed by Mr Raimund Klein, Founder,…
Tata Elxsi announces strategic partnership with AccuKnox
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•Tata Elxsi, through its NEURON product suite, announced a strategic partnership with Accuknox, the developer of NIMBUS, a state-of-the-art cloud-native security solution. This collaboration marks a significant advancement in network transformation and security, offering operators a comprehensive solution for building and securing autonomous networks, a statement said. NEURON, an award-winning telco automation platform, comprises of…
Wipro and Intel Foundry announce new collaboration to advance chip design and development
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•Wipro Limited, a global technology services and consulting company, announced an expanded collaboration with Intel Foundry to accelerate chip design innovation. As the key Design Services and Alliance Partner, Wipro will work with Intel Foundry to accelerate the development of Intel’s most advanced process nodes, including the Intel18A process node, as per the statement. The…
Crayon and Kahoot! join forces to deliver enhanced academic engagement in universities and schools worldwide
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•Crayon, a global leader in IT services and innovation, announced its strategic partnership with Kahoot!, becoming the newest reseller of the global learning and engagement platform’s tools. This comes at a time when 3 in 4 teachers believe technology has played a key role in making learning more student-centered following lower levels of engagement and motivation post-pandemic,…
STL Digital receives SAP APJ Partner Excellence Award 2024
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•STL Digital Limited, an IT Services and Consulting Company [a wholly-owned subsidiary of STL, announced that it received the SAP APJ Award for Partner Excellence 2024 for Top New Cloud Partnership. Awards were presented to the top-performing partners in the Asian Pacific Japan region who made outstanding contributions to driving digital transformation for businesses using…
Indian AgeTech Start-up Khyaal raises USD 4.2 Million
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•Khyaal, India’s number one app for senior citizens, has raised USD 4.2 million in a seed funding round. The round was co-led by 62Ventures, SVQuad, and Inventus Capital. Glen Tullman, Kanwal Rekhi, Raju Reddy, and Raj-Ann Gill, were among the distinguished entrepreneurs and investors who participated in this round. Notable existing investors, including Everywhere Ventures, Supermorpheus, and Unpopular Ventures also invested in this round, bolstering their support to…
Tata Communications collaborates with Microsoft to push the boundaries of voice calls on Microsoft Teams
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•Tata Communications , a global commtech (communications technology) player, has partnered with Microsoft to provide flexibility in collaboration and connectivity on Microsoft Teams for businesses in India. Tata Communications’ GlobalRapide platform will enable Indian businesses and multinationals operating in the country to make and receive carrier-grade PSTN voice calls on any Teams device, anywhere in the…
Mahindra Group leverages Top Internal Talent for Key Leadership Appointments
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•Mahindra Group announced key leadership appointments across businesses. Manoj Bhat, Group Chief Financial Officer has been appointed as the MD & CEO of Mahindra Holidays Resorts India Ltd (MHRIL) effective 17th May 2024, consequent to Kavinder Singh’s decision to take on the next challenge in his professional journey effective 16th May 2024. Amarjyoti Barua, Executive…
Infosys Collaborates with Musgrave to Drive Cognitive First IT Transformation
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•Infosys, a global leader in next-generation digital services and consulting, announced that it has signed a seven-year strategic collaboration with Musgrave, Ireland’s leading food retail, wholesale and foodservice company. As part of this collaboration, Infosys will help automate Musgrave’s IT operations by leveraging its industry leading AI and Cloud offerings, Infosys Topaz, an AI-first set of services, solutions and…
Accenture and Mujin establish JV to bring AI and Robotics to the manufacturing and logistics industries
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•Accenture and Mujin, a leader in intelligent robotics for manufacturing, logistics and supply chain operations, have established Accenture Alpha Automation, a joint venture for the manufacturing and logistics industries. Accenture Alpha Automation will help companies automate their management infrastructure with data-driven solutions that seamlessly combine data from manufacturing and logistics operations with management data. The…
Crompton recognized as India’s Best Managed Companies 2023 by Deloitte India
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•Crompton Greaves Consumer Electricals Ltd. has been honored as one of India’s Best Managed Companies 2023 by Deloitte India recognizing its consistent efforts to drive business excellence for the second consecutive year. India’s “Best Managed Companies” winners are amongst the best-in-class Indian companies demonstrating leadership in the areas of strategy, capabilities, innovation, culture, commitment, and…