Category: Press Release

Thomas Cook India wins Best Outbound Tour Operator at SATTE Awards 2020

Thomas Cook (India) Ltd., India’s integrated travel and travel related financial services company, was honoured with the Best Outbound Tour Operator 2019 award by SATTE, South Asia’s leading B2B travel and tourism trade exhibition. The SATTE Awards serve to recognise outstanding achievements and celebrate delivery of innovation and excellence by the Indian travel and tourism…

HashedIn Technologies gets AWS DevOps Competency Status

HashedIn Technologies Pvt. Ltd, intelligent SaaS, announced that it has achieved Amazon Web Services (AWS) DevOps Competency status. This designation recognizes that HashedIn provides proven technology and deep expertise to help customers implement continuous integration and continuous delivery practices or helping them automate infrastructure provisioning and management with configuration management tools on AWS. Achieving the…

GAIL to fund Start-Ups working in Renewable and Alternate Energy sources, invites Applications

In a bid to encourage Start-Ups operating in the area of renewable and alternate energy sources like Compressed Bio Gas production, GAIL (India) Limited has opened its 4″ round of applications for Solicitation of Investment Proposals from Start-Ups operating in the sphere. Ashutosh Karnatak, C&MD, GAIL said “we are enthused to support the Start-Up India…

Vipps partners with TCS to accelerate Business Growth

Tata Consultancy Services, a global IT services, consulting and business solutions organization, has expanded its partnership with Vipps AS, Norway’s leading player in the payments and identification segment, to leverage TCS’ Machine First Delivery Model (MFDM) and cloud services to accelerate the latter’s growth and digital journey. TCS has played a vital role in Vipps’…

STL invests in 5G virtual Radio Access Innovator ASOCS

STL, a data networks innovator, has announced an investment in ASOCS, a developer of open, disruptive and virtualized Radio Access Network (vRAN) solutions, delivering 4G and 5G for cellular networks. As a part of the overall transaction, STL has acquired a 12.8% stake in the company (on an issued and outstanding basis) and Board representation.…

Rockwell Automation acquires Avnet to expand Cybersecurity expertise

Rockwell Automation, Inc. has announced the signing of an agreement to acquire privately held Avnet Data Security, LTD, an Israeli-based cybersecurity provider with over 20 years of experience providing cybersecurity services. Avnet offers a full set of IT cyber services and solutions ranging from assessments, penetration testing, network & security solutions, and training to converged…

ABB Power Grids and Ashok Leyland collaborate for efficient Electric Vehicles

Ashok Leyland and ABB Power Products and Systems India Limited have signed a Memorandum of Understanding (MoU) in the public e-mobility space, to expand the ecosystem for efficient and greener electric bus transportation systems in India. The MoU outlines a partnership to develop a pilot electric bus based on ABB’s innovative flash-charge technology, TOSA, which…

NelsonHall recognizes TCS as Leader in Agile DevOps and Automated Development Services

Tata Consultancy Services (TCS), a global IT services, consulting and business solutions organization, has been recognized as a Leader in the NelsonHall NEAT for Agile DevOps and Automated Development services. TCS’ organization-wide focus on instilling agile principles, end-to-end DevOps platforms, and large, distributed scaled agile delivery experience, were cited as strengths. According to the report,…

KKR acquires Riata Corporate Park in Austin

KKR, a global investment firm has announced that it has acquired Riata Corporate Park in Austin, Texas, in a deal valued at approximately $258 million. Riata Corporate Park is an eight-building, 688,100 square foot, Class A office campus located in Northwest Austin, Austin’s largest office submarket. The acquisition includes an adjacent land site that is…

Mahindra Logistics opens distribution center in North India

Mahindra Logistics Ltd. (MLL), one of India’s largest 3PL solution providers, has recently launched a state-of-the-art distribution center for the Pharma industry in North India. With this launch, MLL forays into a first-of-its-kind temperature-controlled warehouse in the Pharma sector. Through this facility, MLL will manage the warehousing and distribution for its client, in addition to…

Vaibhav Global appoints Jay Chandran as Chief Technology Officer

Vaibhav Global Limited has announced the appointment of Jay Chandran as Chief Technology Officer (CTO). Chandran previously served as CTO at Advantage Rent A Car and prior to that at US-based electronic retailer HSN, where he served for eleven years with his last assignment as the Operating Vice President of Information Technology for six years.…

TCS recognized as a leader in Cloud Services by Everest Group

Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, has been named a Leader in the Everest Group PEAK Matrix for Cloud Services. Among the 25 service providers evaluated in this assessment, TCS was positioned highest for Market Impact. The report highlights the company’s significant investments in building a strong…

OYO announces top management changes for India & SA Business

OYO Hotels & Homes, the world’s leading chain of hotels, homes, and spaces has today announced the elevation of three key business leaders within the India & South Asia business. The company has elevated Sharad Saxena to Chief Supply Officer – Franchise hotels business, South Asia, Asit Biswal to Chief Supply Officer – Frontier Businesses,…

HCC-VCCL JV gets ₹489 crore DMRC contract

A joint venture of Hindustan Construction Co. Ltd. (HCC) and VCCL received a contract worth Rs.489 crore from Delhi Metro Rail Corporation Ltd. (DMRC) under Phase IV of the Delhi Metro project. HCC’s share in the JV is 75% (i.e. Rs.367 crore). The work is expected to be completed in three years. The contract is…