Category: Press Release

TCS recognised as a Leader in Healthcare Digital Services by Avasant

Tata Consultancy Services, a global IT services, consulting and business solutions organization, has been recognized as a Leader in the Avasant RadarView’ for Healthcare Digital Services.  Avasant evaluated service providers across key dimensions – practice maturity, partnership ecosystem, and investments and innovation. The report positions TCS as a leader for its innovative healthcare solutions powered…

Pinnacle and Phylion reach Strategic Cooperation in India

Pinnacle Industries Limited has partnered with Phylion Battery Company Ltd for the launch of its integrated lithium-ion battery assembly facility in Maharashtra, India. The new facility was inaugurated today. The state-of-the-art assembly unit is now fully operational and will start rolling out FAME II compliant products for Indian market. Pinnacle is India’s leading Commercial Vehicle…

VIVOTEK announces strategic partnership with CyberLink

VIVOTEK, the global IP surveillance solution provider, and CyberLink Corp., a pioneer of AI and facial recognition technologies, today announced they have entered into a strategic partnership, which will integrate CyberLink’s FaceMe AI facial recognition engine into VIVOTEK’s IP surveillance solutions. The initial collaboration will be showcased in VIVOTEK’s booth at Intersec 2020 in Dubai,…

OLX recognised among India’s Best Workplaces

OLX has been recognized as a Great Place To Work in the Information Technology Sector by the Great Place To Work (GPTW) Institute through a meticulous work culture assessment process. OLX scored well, apart from other parameters, outstandingly on Diversity and Inclusion, fostering a great learning culture, creating a flexible work environment and peer quality.…

Rashmi Rare Earth collaborates with Reliance Jio

Subsidiary of Rashmi Group, a multidimensional business conglomerate operating across Asia – Rashmi Rare Earth Limited (RREL) announced collaboration with Reliance Jio to manufacture set-up boxes locally in its Noida facility. RREL is a home-grown manufacturer with state-of-the-art Japanese machines which can manufacture the latest 5G enabled electronic products. Reliance Jio has plans to reach…

Alde Medi reaches Africa market as part of its expansion plan

Alde Medi Impex Ltd. a pharma company providing health care and medication facilities, is all set to launch its business in African Continent. With this venture, Alde aims at establishing itself in the pharmaceutical market of Africa. Rajesh Rastogi, the Founder, started Alde with the retailing of pharma products in 1978. As he saw a…

Avigna invests in Cloud Management Start-up Kumolus

As cloud computing takes over the world, Avigna Consulting, owner of the server management solution InfraGuard, has made a strategic investment in Australia’s leading Cloud Management Company, Kumolus for fast expansion in SouthEast Asia. Both companies are partners with Amazon Web Services and have a global presence. Together, they offer a complete solution to enterprises…

National Engineering Industries acquires Kinex Bearings in Europe

National Engineering Industries Ltd (NEI), part of the USD 2.4 billion diversified CK Birla Group, announced the acquisition of Kinex bearings through its wholly owned European subsidiary. Kinex Bearings is an international bearing manufacturer headquartered in Slovakia with an annual turnover of about 60mn Euro. This transaction is in line with NEI’s strategy to augment…

Bharti Airtel raises $3 bn post QIP and FCCB Offering

Bharti Airtel, India’s integrated telecommunications company has announced the successful fund raising exercise through completion of Qualified Institutional Placement (“QIP”) and pricing of Foreign Currency Convertible Bonds (“FCCBs”). The transaction is the largest dual tranche Equity and FCCB offering ever in Asia-Pacific, the largest QIP by a private sector issuer ever in India and the…

Aetna India appoints new Managing Director to lead its Operations

vHealth by Aetna, a preventative and primary care service provider in India, has announced that Damian Delaney, an Australian national with 25+ years of international experience, to be the new Managing Director to lead its Indian operations. Damian will be based in Delhi and will oversee all aspects of the business which caters to 2.8…

BNP Paribas Cardif selects Moody’s Analytics Solution for IFRS 17

Moody’s Analytics, a global provider of financial intelligence, announced today that BNP Paribas Cardif has selected the Moody’s Analytics RiskIntegrity™ for IFRS 17 solution for its global implementation of IFRS 17. The insurance subsidiary of BNP Paribas will use the RiskIntegrity solution for IFRS 17 to meet the stringent reporting requirements of the new accounting…

Majesco Digital 1st Insurance to accelerate Insurers Digital Transformation

Majesco, a cloud insurance software solutions for insurance business transformation, has announced the availability of expanded capabilities of Majesco Digital 1st Insurance to evolve and accelerate insurers’ business and technology models in their digital Transformation. “The demands of agility, speed and innovation are accelerating as we enter a new decade,” stated Adam Elster, CEO of…

Xoriant appoints Hari Haran as President and Chief Revenue Officer

Xoriant, a Silicon Valley headquartered product engineering, software development and technology services company, has announced the appointment of Hari Haran as President and Chief Revenue Officer. Hari Haran brings 30 years of experience in IT Products, Software, Digital Transformation, Networking, Communications, Wireless, and Product Engineering Services. He will lead Xoriant’s sales and business development teams,…

Wipro and Retail Info Systems reveal retailers investing in new technology solutions to succeed with today’s consumers

Wipro Limited, a global information technology, consulting and business process services company, in collaboration with US-based retail magazine, Retail Info Systems (RIS) have developed a report titled,’Smart Store Strategies for Digitally Savvy, Time-Crunched Shoppers’.  The study, based on a poll conducted with senior executives from national and large regional retail organisations, reveals how retailers need…

Wheebox appoints Bishnu Nepak as Chief Revenue Officer for India Business

Talent Assessment Company, Wheebox has appointed Cloud and Annuity Business lead for Microsoft, Bishnu Nepak as Chief Revenue Officer for India Business. The announcement comes as a part of the company’s redefined strategy to increase its enterprise footprint, enhance and strengthen its customer engagement and experience in India, said a release. Prior to Microsoft, Bishnu…