Category: Press Release

Blue Star wins ‘The Best Governed Company’ award at the ‘19th ICSI National Awards

Air conditioning and commercial refrigeration major, Blue Star Limited, has announced that the Company has been bestowed with ‘The Best Governed Company’ award in Listed Segment — Medium Category, for implementing best practices in Corporate Governance, at the ‘19th ICSI National Awards for Excellence in Corporate Governance’ event, held in New Delhi. Blue Star was…

Aegon Life Insurance partners with Saksoft to accelerate Digital Transformation

Saksoft Limited announced that it has been chosen as the ‘digital transformation partner’ by Aegon Life Insurance. This partnership will help Aegon Life Insurance to build their digital prowess by leveraging Saksoft solutions. Speaking about the partnership, Aditya Krishna, Chairman and Managing Director, Saksoft Limited, said, “Saksoft’s core strength is in helping customers with their…

PNC Infratech bags National Highway EPC Project worth ₹639 crore

PNC Infratech Limited has been declared the L1 bidder for National Highways Authority of India’s EPC Project of “Four laning with paved shoulders from Meerut to after bridge over river Yamuna, Haryana via Shamli of NH 709A in the State of Uttar Pradesh” for a quoted price of ₹639.0 crore.  The scope includes construction of…

LifeCell gets accredited by American Association of Tissue Banks

LifeCell International, India’s human cells tissues and genetics services provider, has now received accreditation from the American Association of Tissue Banks for its birth tissue products. This accreditation positions LifeCell as the first & only company not only in India but also outside the US to receive this accreditation. This accreditation certifies the entire process…

McAfee appoints Peter Leav as Chief Executive Officer

McAfee, LLC, the device-to-cloud cybersecurity company, announced that its Board of Managers has appointed Peter Leav to the role of Chief Executive Officer, effective February 3, 2020. Leav will succeed Chris Young, who has decided to step down as Chief Executive Officer of McAfee. Young will remain at McAfee in an advisory role to assist…

Incuspaze appoints Mohit Srivastava as Chief Operating Officer

Incuspaze, a chain of co- working spaces, successfully operating across tier one and tier two cities in India, is delighted to announce the appointment of Mohit Srivastava as its Chief Operating Officer. With over 19 years of experience in building and scaling businesses, Mohit would be instrumental in furthering Incuspaze’s growth in the Indian subcontinent.…

GMR Airports to develop, operate and manage Kannur International Airport

GMR Airports Limited , a subsidiary of GMR Infrastructure Limited, has announced that it has signed a concession agreement with Kannur International Airport Limited to develop, operate, maintain and manage the Duty-Free outlets at Kannur International Airport on an exclusive basis. Under the concession agreement, GAL would design, finance and operate the DutyFree shops at…

Philip Morris International recognized for Business Excellence

Philip Morris International Inc. has been recognized among this year’s most awarded winners in the One Planet Awards program, an initiative acknowledging business and professional excellence in industries around the world. The company earned four awards for its achievements in delivering a smoke-free future from the more than 50 judges, who represent a wide spectrum…

Mint Hotels partners with Simplotel to overhaul E-commerce

Simplotel, a Software-as-a-Service (SaaS) Technology company offering e-commerce solution for hotels, and Mint Hotels, a chain of over 25 hotels and resorts across various business and leisure destinations in India have partnered to drive a three-fold increase in direct website bookings. Online is fast becoming the go-to channel for guests to book hotel rooms and…

Trident awarded Gold Trophy by Texprocil

Trident Limited- Group Companies, has been awarded with Gold Trophy in the category of Highest Global Exports by “The Cotton Textiles Export Promotion Council (TEXPROCIL)” at its Export Award function on January 16, 2020 at Mumbai by Smriti Zubin Irani, Union Minister of Textiles, Govt. of India. The awards were presented to the outstanding export…

Mundipharma partners with Samsung Bioepis to expand its reach

Mundipharma has announced partnership with Samsung Bioepis to commercialize Samsung Bioepis’ first-wave biosimilar candidates in Taiwan and Hong Kong. The partnership covers Samsung Bioepis’ biosimilar candidates in the field of immunology and oncology, including SB5 (adalimumab), SB4 (etanercept), SB3 (trastuzumab), and SB8 (bevacizumab). Through the partnership, Mundipharma will be the exclusive commercialization partner, while Samsung…

WorkBoard raises $30mn in Series C funding round

WorkBoard has announced a $30 million Series C funding round led by Andreessen Horowitz. The round comes as the company tripled sales again in 2019, fueled by both new customers and rapid expansion within its large enterprise customers. Previous investors GGV Capital, M12 and Workday Ventures made additional investments in the round as well. Today,…

First Advantage announces leadership changes in India

First Advantage, India’s Background Screening firm, has announced that Vivek Khanna – Managing Director, India Region, will be leaving the company over the next couple of months. Khanna has been a part of First Advantage for more than six years and most recently has played the role of “chief architect” relative to the reshaping First…

Wipro Ventures announces $150M Fund ll to invest in Emerging Digital Enterprise Software Leaders

Wipro Ventures, the strategic investment arm of Wipro Limited, and a global information technology, consulting and business process services company, has announced the closing of its $150 million Fund ll. Buoyed by the success of its first $100 million fund launched in 2015, Wipro Ventures will continue to invest in early to mid-stage companies building…