Category: Press Release

Würfel expands its presence to 50 studios across India

Würfel, a pioneering name in the world of premium modular kitchens and wardrobes, announced that it has successfully established its presence in 50 studios Pan India. Würfel Küche’s journey from its inception to becoming the largest premium modular kitchen brand in India has been marked by strategic expansion and a commitment to quality. Starting from scratch, the…

Cognizant signs multi-year contract with Cambridge University Press & Assessment

Cambridge University Press & Assessment (Cambridge) has signed a multi-year contract with Cognizant with the goal of improving operational effectiveness, maintaining exam results integrity and staying competitive in the evolving education sector.  Under the agreement, Cognizant will continue to provide application development and support services to Cambridge, a statement said. The agreement comes as Cambridge addresses the growing desire…

WNS recognized as a ‘Leader’ in Insurance by ISG

WNS (Holdings) Limited, a leading provider of global Business Process Management (BPM) solutions, announced that it has been recognized as a ‘Leader’ in the 2023 ISG Provider Lens Insurance BPO Services Quadrant Report across multiple service lines in both North America and Europe. In North America, WNS was named a ‘Leader’ in Life and Retirement (L&R) Insurance BPO, Property…

Vedanta inks Memorandum of Understanding with GACL

Vedanta Ltd (Aluminium Business) has signed a Memorandum of Understanding (MoU) with Gujarat Alkalies and Chemicals Ltd (GACL), for exploring various business opportunities in the areas of Caustic-Chlorine and other allied businesses. The MoU aims to recognize the potential of adding value to the businesses of both Vedanta Aluminium and GACL, by adopting a collaborative…

Adani Energy Solutions bags Global Sustainability Leadership Award 2023

Adani Energy Solutions Limited (AESL), India’s largest private transmission and distribution company and part of the globally diversified Adani portfolio, was honoured with the ‘Global Sustainability Leadership Award 2023’ under the ‘Best Overall Sustainable Performance’ category by the World Sustainability Congress at Mauritius. The award recognised AESL’s commitment to sustainable practices and its major contributions…

Snowman Logistics expands its operational capacity

Snowman Logistics Limited, a leading cold chain and integrated temperature-controlled logistics service provider in India, has initiated operations at a newly leased multi-temperature controlled warehouse in Guwahati, Assam. The total capacity of the warehouse is 5,152 pallets and this facility features eight chambers and four loading bays, equipped with the latest infrastructure. Specifically designed to…

Sharika Enterprises appoints former NTPC and PFC veterans as Independent Directors

Sharika Enterprises, a prominent leader in the power sector, has appointed two distinguished industry veterans, Saroj Chelluri from NTPC Ltd., and Subir Mulchandani from Power Finance Corporation Ltd (PFC), as Additional Directors (Independent Directors) to its Board. This strategic move, sanctioned by the Board of Directors, is poised to significantly enhance the leadership and governance…

EKA Mobility joins Mitsui and VDL Groep to create a leading global OEM in India

EKA Mobility, a leading electric vehicle and technology company based in India , is pleased to announce a partnership with Mitsui & Co., Ltd. (Japan) and VDL Groep (Netherlands). This strategic cooperation marks a significant milestone in the evolution of the Indian automotive industry, propelling India towards the goal of becoming a global sustainable transportation hub. The alliance aims to establish…

Riyadh Airports Company selects Cognizant to help enhance its digital transformation

Riyadh Airports Company (RAC) has appointed Cognizant to enhance the capabilities of RAC’s Enterprise Resource Planning (ERP) and business processes automation capabilities. The collaboration aims to revolutionize digital capabilities in the domains of finance, human resources, procurement, and planning, ultimately enhancing the traveler experience. As RAC plays such an important role in shaping Saudi Arabia’s global image…

HD Hyundai teams up with Google Cloud to accelerate AI innovation

HD Hyundai is partnering with Google Cloud to accelerate its digital transformation using generative AI technology. The collaboration will introduce generative AI across Hyundai’s core businesses, including its world-leading shipbuilding and top-ranking construction machinery businesses in Korea. Google Cloud will provide enterprise solutions like its Vertex AI platform to develop industry-specific AI applications. Starting in January 2024, the company…

Allcargo group announces restructuring scheme – CL with Gati, International Supply Chain to become independent businesses

Allcargo Logistics Limited Board and Allcargo Gati Limited board have approved the composite scheme of arrangement for restructuring of businesses under Allcargo Limited and Allcargo Gati Limited (Formerly Gati Limited). As per the scheme, International Supply Chain (ISC) business will be demerged into a separate entity: Allcargo ECU Limited. This would include the India part…

Philip Morris International Announces Senior Global Communications Leadership Changes

Philip Morris International Inc. (PMI) announced senior management changes to further accelerate its rapid transition to a substantially smoke-free company. Effective January 1, 2024, Dr. Moira Gilchrist will be promoted to Chief Communications Officer and join PMI’s Senior Management Team. Moira has had a distinguished career at PMI since joining the organization’s R&D function in…

Biocon Biologics recognized as an Asia IP Elite for 2023

Biocon Biologics Limited, a subsidiary of Biocon Ltd. (BIOCON), announced that the Company has been again recognized as an Asia IP Elite for 2023 by IAM (Intellectual Asset Management), the world’s biggest IP publication. Biocon Biologics has been awarded this prestigious accolade reserved for a select group of Asia-based corporations and research institutions that are…

Magnite expands global presence with opening of first India office

Magnite, the largest independent sell-side advertising company, has announced the opening of a new office in Mumbai, which will serve as the company’s base across India. The move indicates the company’s commitment to providing support for publishers and buyers in one of the fastest-growing digital advertising markets in the world, a statement said. “Programmatic adoption in India…