Infosys, a global leader in next-generation digital services and consulting announced that NelsonHall vendor evaluation and assessment tool (NEAT) has positioned Infosys as a Leader for its Agile and DevOps services. The report also calls out Infosys’ ability to deliver immediate benefits to its Agile and DevOps services clients. For the report, NelsonHall evaluated several…
Category: Press Release
Cyient gets Pratt & Whitney 2019 Supplier Awards
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•Cyient, a global engineering and technology solutions company, announced that it has won two Pratt & Whitney supplier awards for 2019. The company won the Supplier Innovation Award for the seventh consecutive year and the Supplier Highest Productivity Award for the fourth year in a row. The awards announced at the annual Pratt & Whitney…
Amid Yes Bank crisis, RBL Bank releases statement
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•The management of RBL Bank addresses the prevailing concerns around the bank which is based on misinformation, and warrants clarification. RBL Bank Is Well Capitalized: As per the statement, the Bank remains adequately capitalized with a capital adequacy ratio of 16.08% with Tier-1 at 15.02% (Significantly higher than the prescribed regulatory requirement at 11.5% and…
Mindtree recognised as Market Leader in Digital Transformation by ISG
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•Mindtree, a global technology services and digital transformation company, has been recognized by ISG as an archetype leader in digital transformation. The ISG Provider Lens Next-Gen ADM Services Archetype Report highlights Mindtree’s capabilities in continuous testing, agile development, digital business dedication and vision and future investment. ISG analysts specifically noted Mindtree’s capabilities in digital transformation.…
Jaguar Land Rover India and Tata Power collaborate for EV charging infrastructure
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•Luxury carmaker Jaguar Land Rover India recently announced that it has entered into a partnership with Tata Power to offer end-to-end EV charging solutions. Tata Power will provide charging solutions for Jaguar Land Rover in India, across its retail network of 27 outlets in 24 cities and at the customer’s residence and/or office. India’s largest…
Tata Communications recognised as a Leader in the Gartner Magic Quadrant for Network Services, Global
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•Tata Communications, a global digital infrastructure provider, has been named as a Leader in Gartner’s 2020 Magic Quadrant for Network Services, Global for the seventh consecutive year. The Gartner Magic Quadrant assesses providers’ completeness of vision and ability to execute. According to the report, “Enterprises need greater network agility to support digital initiatives, and global…
US labor market on solid footing as COVID-19 impact starts to materialize: The Conference Board
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•The US economy added 273,000 jobs in February and the unemployment rate fell slightly to 3.5 percent. Previous months’ employment numbers were revised up significantly, reflecting a strong labor market heading into a period of increased uncertainty around the coronavirus outbreak. Some of the strongest employment gains were seen in education and health services, leisure…
TCS emerges as a Leader in IDC MarketScape for Managed Security Services, Asia Pacific
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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: Asia/Pacific Managed Security Services 2020 Vendor Assessment. According to the report, “On the innovation front, TCS has made conscious efforts in aligning its offerings with the business objectives, requirements, and industry specifics…
Report: 2020-2024 Market Analysis on Railway Electrification in India
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•A lot of emphasis is given to Railway Electrification in recent years with a view to reduce the Nation’s dependence on imported petroleum-based energy and to enhance the country’s energy security, with a vision of providing eco-friendly, faster and energy-efficient mode of transportation. During the last five years, total 204 electrification projects consisting of 30490…
Hexaware achieves Pega Gold level partner status
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•Hexaware Technologies Ltd, the fastest growing automation-led, next generation provider of IT, BPO and consulting services, announced that it has been named a Gold level partner in the Pega Premier Consulting Partner Program. Pega partners earn one of four tiers based on customer satisfaction, certified professionals and successful implementations – gold is the second highest…
Tata Motors releases statement on impact of the Coronavirus on its business
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•Statement on Coronavirus Demand: Jaguar Land Rover sales in China grew on average about 25% year on year for the 6 months from July through December 2019 and we continued to see strong growth for the first 3 weeks of January. The coronavirus has significantly impacted China sales with February retails down around 85% vs…
2019–2020 Global Entrepreneurship Monitor Global Report: US Entrepreneurship levels continue on an upward trend over 19 years
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•Indicating strong health of entrepreneurship, both entrepreneurial activity and established business ownership in the United States have trended upward over the past 19 years, according to the 2019–2020 Global Entrepreneurship Monitor Global Report. In addition, there is a growing positive disposition toward entrepreneurship, as well as recognition of the overall benefit of entrepreneurial activity and…
Beeline and The Mom Project collaborate to connect talented women with world-class employers
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•Beeline, a global leader in software solutions for sourcing and managing the extended workforce, and The Mom Project, a digital talent marketplace focused on working mothers, have partnered to connect women with rewarding work opportunities and employers that respect their work-life integration considerations. The Mom Project Talent Marketplace was created to ensure women can choose…
Heidrick & Struggles promotes new Partners and Principals globally in Executive search and Heidrick consulting
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•Heidrick & Struggles, a premier provider of executive search, leadership assessment and development, organization and team effectiveness, and culture shaping services globally, announced that as part of its annual promotions process, the firm has promoted 23 Partners and 22 Principals in its search and consulting businesses globally; these promotions were effective beginning January 1, 2020.…
Jindal Stainless exits Corporate Debt Restructuring
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•Jindal Stainless Limited (JSL), India’s largest stainless steel manufacturer, announced it has successful exit from the Corporate Debt Restructuring (CDR) framework with effect from March 31, 2019. JSL received a letter from the consortium of CDR Lenders to this effect. Pursuant to this, existing CDR lenders have realised the full recompense of about Rs 275…