The ongoing coronavirus pandemic has claimed more than 1,000 lives of people from all walks of life in India. The virus has become a major health crisis in the country with the Central government imposing nationwide lockdown to contain the virus. In times like these, the government has asked insurance companies to not reject any…
Category: Press Release
CSC announces expansion of its fund services into Ireland
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•CSC announced its Fund Services expansion into Ireland as part of its long-term strategy to provide global clients access to its suite of Fund Administration, Capital Markets, and Depositary services. “After a comprehensive six-month application process with the Central Bank of Ireland, CSC has been licensed to provide its Fund Services offering in one of…
Cyient recognised as Release Ready Specialty partner by Esri
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•Cyient, a global engineering and technology solutions company, announced that it has been recognized by Esri as a Release Ready Specialty partner. The Release Ready Specialty designation is awarded to organizations that have the industry expertise and solutions, services, or content offerings for ArcGIS, and are ready to help leverage the latest capabilities. “This recognition…
Wipro partners with Nutanix to launch its Digital Database Services
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•Nutanix, a leader in enterprise cloud computing, and Wipro Ltd, a leading global information technology, consulting and business process services company, announced the launch of Wipro’s Digital Database Services (DDS) powered by Nutanix Era and Nutanix HCI software. This offering will enable enterprises to efficiently manage databases, optimizing time and effort of IT teams. “Wipro’s…
Morepen Laboratories gets certification from UK for its medical devices manufacturing facility at Baddi
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•Morepen Laboratories Ltd. has received the ISO-13485 certification from BSI (British Standards Institution, U.K.) for its State of-the-art medical devices manufacturing facility at Baddi (Himachal Pradesh). The certification has been awarded for the manufacturing, distribution and after sales service of all point-of-care diagnostic medical devices and their accessories manufactured at the company’s facility in Baddi.…
Alibaba Cloud recognised by Gartner as third biggest global provider for IaaS and first in Asia Pacific
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•Alibaba Cloud, the data intelligence backbone of Alibaba Group, announced that it has the third biggest market share in the global Infrastructure as a Service (IaaS) market and the biggest in the Asia Pacific region for the third year in a row in 2019, said the leading global research and advisory firm Gartner in its…
McDonald’s India starts Contactless Delivery to ensure safe doorstep delivery of food
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•As India readies to face the current health crisis, Westlife Development, the company that owns and operates McDonald’s restaurants in West and South India through its wholly owned subsidiary, is leading the way for the industry, and has launched a Contactless Delivery service to deliver happiness to the customers’ doorstep. Reinforcing its safety and hygiene…
TCS recognized by IDC MarketScape for Life Sciences Drug Safety Services
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•Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, has been recognized as a Leader in the IDC MarketScape for Life Science Drug Safety Services, Worldwide. According to the report, “Within the life science drug safety services space, TCS’ strength lies in its well established foundation of drug safety BPO offerings…
Tim Cook explains Apple’s response to COVID-19, promotes remote working and expands leave policies
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•Indian Commercial Vehicles Market Outlook, FY-2020
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•The Indian commercial vehicle market is experiencing changes due to heavy regulatory winds, changes in customer preferences, segment shifts, increasing adoption of technology, and digitalization. The government’s aspirational economic growth targets, a growing population, consumer commodity spending, infrastructure developments, overall manufacturing growth, and agricultural output will be reflected in the future performance of Indian commercial…
Impact of COVID-19 across sectors in India
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•Colliers Research highlighted the impact of COVID-19 across sectors that are mentioned below: Office Sector In 2020, Colliers Research forecasts 54.3 million sq feet (50.4 million sq meters) of gross absorption, and does not foresee any major impact on office demand due to COVID-19. However, some delayed decision making by occupiers who depend on clearances…
Key workplace transformation decisions shifting from CHROs to CEOs
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•Infosys Knowledge Institute (IKI), the thought leadership and research arm of Infosys, published a global research report on the workplace transformation landscape titled, ‘Drive Change from Within.’ The research revealed that CEOs are now prioritizing on driving a workplace transformation roadmap and contributing to its development in the organization. Infosys surveyed more than 1,300 senior…
Wynn Resorts CEO releases statement related to COVID-19 pandemic
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•Wynn Resorts CEO Matt Maddox announces safety program and policy updates related to the COVID-19 pandemic. STATEMENT FROM MATT MADDOX, CEO OF WYNN RESORTS: It has been just a week since we announced operational changes designed to keep our guests and employees safe during this global pandemic. In the news, we read of families painfully…
Lupin bags International Sustainability Rating System certification
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•Pharma major Lupin Limited (Lupin) announced that the Company has received certification for International Sustainability Rating System (ISRS), 8th edition, from DNV GL, a global service provider for managing risk and helping customers to safely and responsibly improve their business performance. The certification was received after audits were conducted at four of the company’s manufacturing…
Grasim Industries wins Golden Peacock Award for CSR 2019
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•Grasim Industries Limited, a flagship company of $ 48.3 billion Aditya Birla Group has been named as the winner of the prestigious Golden Peacock Award for CSR in the Textile and Apparel sector for the year 2019. Golden Peacock Awards, instituted by the Institute of Directors (IOD), India in 1991, are now regarded as a…