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…
Category: Press Release
OYO announces top management changes for India & SA Business
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•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
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•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…
UST Global honored as One of the Top 100 Best Places to Work in 2020
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•UST Global, a leading digital transformation solutions company, has been honored with a Glassdoor Employees’ Choice Award, recognizing the company as one of the Top 100 Best Places to Work in 2020. Additionally, it was featured among the top 31 tech companies in this year’s ranking. The Employees’ Choice Awards program, now in its 12th…
Velodyne Lidar appoints Anand Gopalan as its new CEO
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•Velodyne Lidar, Inc. today announced Anand Gopalan as its new CEO. Gopalan, who previously was Velodyne’s CTO, assumes the position from Velodyne’s legendary founder David Hall. Hall will continue as full-time Chairman of the Board and remain actively involved in directing the company’s technology, product vision and business strategy. Gopalan is a distinguished engineer and…
True North to invest ₹536.25 cr in Biocon Biologics for 2.44% stake
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•Biocon Ltd, an innovation-led global biopharmaceuticals company, today announced that the Board of its subsidiary Biocon Biologics India Ltd has approved a primary equity investment by True North. As per the terms of the proposed agreement, True North will invest ₹ 536.25 Crore that will eventually translate to a 2.44% minority stake in the biosimilars…
Cyient opens Development Center in Warangal; to employ 600 engineers
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•Cyient, a global engineering and technology solutions company, today announced the opening of its new Development Center in Warangal. The center will be inaugurated on January 07, 2020 by K.T. Rama Rao, Minister for IT, Municipal Administration & Urban Development, Industries, and Commerce, Government of Telangana in the presence of BVR Mohan Reddy, Founder and…
Commercial segment of Real Estate sector in India will continue to flourish
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•According to a report by Cushman & Wakefield, private equity investments in the real estate sector during the first three quarters of 2019 rose to Rs 39,182 crore, up 19% from a year ago period. Bulk of it was bagged by commercial real estate segment including the office segment that remained the favoured investment asset…
Extreme Networks partners with TCS to transform and Future-proof its HR Function
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•Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, announced that it has successfully completed an Oracle HCM Cloud transformation for Extreme Networks, an industry leader in cloud-managed network hardware, software, and services, empowering and connecting its workforce across 33 countries. Extreme Networks embarked on an HR transformation journey to introduce…
Investment Platform for WealthBucket Raises Pre-Series A Round of ₹18 Cr
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•WealthBucket.in, which runs an online platform for mutual fund investments, has raised ₹18 cr from NorthStar, Vinod Khatumal & other HNIs. WealthBucket was founded in 2018 by Himanshu Jain and Pulkit Jain with an initiative to provide a platform that connects the customers looking to invest in mutual funds. This platform provides option to invest…
Lupin’s Ankleshwar facility wins Gold Award from American Society
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•Pharma major Lupin Limited won the gold award at the 9th Annual Conference on Quality Management, organised by the American Society for Quality at Ahmedabad on 22 November, 2019. The nomination case study submitted for this award summarised the transformation project to improve the yield and quality of Lupin’s Cefadroxil products. Speaking on the occasion,…
Frost & Sullivan and TERI to honor sustainable development practices
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•Frost & Sullivan and The Energy and Resources Institute (TERI) to jointly host the 11th edition of ‘Sustainability 4.0 Awards’ to recognize the efforts of companies on a national platform setting the standards for the future of organizations. The awards process aims to recognize excellence in sustainable development among organizations by providing a measurable and…
HCL unveils India’s first Talent Nurturing Platform
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•HCL Concerts, an initiative dedicated to promoting Indian classical performing arts, today unveiled HCL Digital Concerts. A first-of-a-kind initiative, HCL Digital Concerts is aimed at identifying, nurturing and supporting the next generation of talent in the Indian classical performing arts space. It will provide a platform to young and aspiring artists to showcase their talent…
Growatt becomes the top Solar Rooftop Inverter Supplier in India
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•Growatt, one of the TOP 3 rooftop solar inverter brands in China, has become the NO.1 solar rooftop inverter supplier in India according to a report by BRIDGE TO INDIA. In the twelve-month period ending Sept. 2019, India added a record 1,853 MW rooftop solar capacity, which is 17% higher than the same period last…
10th edition of the Agile Software Development Conference concludes in Gurugram
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•The two-day conference on Agile Technology was organized by Xebia, a next-generation digital transformation and global IT company, along with Agile enthusiasts of the NCR region. The theme for this year’s conference was ‘Agility in Agile’. The conference brought together over 250 delegates from more than 75 technology companies including key International speakers, Industry practitioners,…