Category: Press Release

EPFO records 14.9 lakh net new enrolments in September

The EPFO gained 14.90 lakh net subscribers in September 2020, raising its user base by about 30.92 lakh in the first two quarters of the current financial year: says Labour Ministry data  Net new enrolments with retirement fund body EPFO rose to 14.9 lakh in September from 8.8 lakh in August 2020, according to its…

Delhi Daredevils CEO Hemant Dua joins Do Your Thng

Do Your Thng (DYT), a content marketplace, announced the addition of entrepreneur Hemant Dua to their leadership team. Hemant Dua joins DYT as the co-founder and Chief Growth Officer. He brings with him experience in strategy, nurturing talent, consumer behaviour and business development with the likes of Delhi Daredevils, Octagon, and BRC Group. Dua has…

Wadhwani Foundation salutes the indomitable spirit of female entrepreneurs in the country

 Women’s Entrepreneurship Day 2020 A Not-for-profit – Wadhwani Foundations advocates the importance of fostering women entrepreneurship in India by adopting measures that will tap into the enormous untapped potential of new woman-led businesses. Only a quarter of India’s workforce is female as against a global average of 49%, and it is clear that India’s growing entrepreneurial landscape…

Shutterstock acquires AI-driven music platform Amper Music

Global technology company, Shutterstock has announced the acquisition of certain assets from Amper Music.   Shutterstock’s acquisition of Amper will strengthen its capabilities in artificial intelligence, particularly in content search and discovery of tracks composed by Shutterstock’s community of artists as well as editing tools for Shutterstock users. As part of the transaction, Amper’s employees…

NeoBenk rolls out Global Partners Program for Innovative Financial Services

NeoBenk has announced the launch of its Global Partners Program that will help accelerate global partnerships and provide new growth opportunities for exchanges, banks, and financial institutions. As per the announcement – The Program is free to join and targets the currency exchanges, money service businesses, banks, and financial institutions. It enables them to increase…

Co-working firm Incuspaze launches its Ahmedabad Centre

Co-working and office space provider, Incuspaze has announced the launch of their first centre in Ahmedabad at The Link, Vijay Cross Road. The new centre in Ahmedabad is spread across an area of 12,000 sq. feet encompassing 300 seats along with private offices, meeting rooms and conference rooms. Incuspaze at The Link, Ahmedabad is the…

Tally Solutions Launches TallyPrime – A Next Gen Business Management Software

Business management software provider, Tally Solutions is set to launch TallyPrime- the next generation business management software on November 09, 2020. As per the statement – With the new ‘GoTo’ capability and the simplified data entry, TallyPrime Release 1.0 will benefit the entrepreneurs along with accountants in their day to day work and enhance their…

SportsEdTV appoints Inderpal Bhandari to Board of Directors

SportsEdTV has appointed Global Chief Data Officer of IBM – Inderpal Bhandari to its Board of Directors to strategies its data uses that will help create useful content and deliver value to its global sponsors. SportsEdTV Co-Founder and Chairman, Robert Mazzucchelli, said – “As we grow our audience and membership, Inderpal’s experience in working with…

NextChem signs India’s First Circular Economy MoU with Indian Oil Corporation

NextChem, subsidiary of Maire Tecnimont SpA has signed a Memorandum Of Understanding with Indian Oil Corporation Ltd. for  the development of industrial projects that use NextChem technologies to industrialize the circular economy in India. As per the announcement – The projects will focus on recycling plastics, producing biofuels from renewable raw materials and circular fuels…

ANSR acquires AI-platform FastNext to enhance AI capabilities

ANSR, a consulting firm which establishes & operates Global Capability Centers for enterprises has announced the acquisition of FastNext, an AI-driven technology company in an all-stock deal. FastNext was incubated by CoffeeBeans, a boutique product and technology services firm. The company aims to build with FastNext an AI-driven talent acquisition and management that will expand…

Cyware announces the appointment of new members to the Board of Directors

Threat intelligence solution Company, Cyware, announced the addition of Aon Chief Security Officer Anthony Belfiore and Zach Sivertson to its board of directors. Anthony Belfiore currently serves as the Chief Security Officer at Aon and oversees the global operations for Physical Security, Cybersecurity, IT Risk, Fraud, Investigations, and Business Continuity across more than 120 countries.…

HIL (India) Ltd. records significant growth in Exports

A PSU under the Department of Chemicals and Petrochemicals, Ministry of Chemicals & Fertilizers – HIL (India) Ltd. has recorded a growth of 65% in exports in the first two quarters of the FY 2020-21 as compared to the corresponding period of the previous financial year. The company attributed the growth to large quantity of…

HAL signs Rs 400 Cr contract with Tech Mahindra for ‘Project Parivartan’

Indian state-owned Aerospace Company, Hindustan Aeronautics Ltd (HAL) has announced that the company has inked a contract of Rs 400 Crore with Tech Mahindra to support the defense company’s ‘Project Parivartan’. Sujit Baksi, President Corporate Affairs and Business Head Emerging Markets, Tech Mahindra said –  “Tech Mahindra’s selection by Hindustan Aeronautics Ltd extends our vision…