Government e-Marketplace (GeM) has signed MoU with Indian Bank and Canara Bank. The MoU will facilitate a cashless, paperless and transparent payment system on the portal and would create an efficient procurement system for government entities. Through this partnership, both banks will be able to offer an array of services including transfer of funds through…
Category: Press Release
Harbinger Interactive Learning Wins Four ‘Excellence in Learning’ Awards at the 2019 Brandon Hall Group HCM Excellence Awards
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•Harbinger Interactive Learning, a part of Harbinger Group and a leader in innovative and custom learning solutions, has won four coveted Brandon Hall Group Awards for ‘Excellence in Learning’. As a joint entrant with its clients, Harbinger won four awards which include – a Gold for Best Advance in Competencies and Skill Development, two Silver…
Sanjeev Nandan Sahai Appointed as Secretary, Ministry of Power
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•Sanjeev Nandan Sahai assumed charge as Secretary, Ministry of Power today. Prior to this, he was serving as the Special Secretary in the Ministry of Power. Sahai is a UT cadre IAS officer of 1986 batch. He has also served as Additional Secretary in the Ministry of Power from May,2018 to July, 2019. Along with…
Tech Startup Whatfix Acquires AI Platform Airim
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•Whatfix, the leading digital adoption platform, today announced that it has acquired Airim, a company that provides an AI-powered Personalization Engine for users and customers. Airim’s technology will be integrated with Whatfix to complement the company’s digital adoption platform and help bolster its artificial intelligence stack to deliver personalized content to every user autonomously – making…
SECURA Upgrades Majesco Policy for P&C and Implements Expansion of Additional Lines of Business and States
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•Majesco, a global leader of cloud insurance software solutions for the insurance business transformation, today announced that SECURA Insurance successfully upgraded to Version 10 of Majesco Policy for P&C, transferred all policies, and implemented additional lines of business. The expansion of additional lines of business includes commercial package, directors and officers (D&O), professional liability, employment…
Michael Cole to be New President Of Kia Motors America
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•Kia Motors America (KMA) today announced the appointment of Michel Cole as president, effective November 11th. Cole has served as KMA’s chief operating officer and executive vice president since joining the company from Kia Motors Europe in May 2018. At KMA, Cole has played a vital role in the successful launch of several all-new and…
Jindal Stainless Ltd Organises Program for Varanasi Jail Inmates that will boost Domestic Manufacturing Sector
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•In consonance with the Government’s rehabilitation program for prisoners, Varanasi Central Jail organised a stainless steel fabrication workshop for the jail inmates. The training program was facilitated by one of India’s largest stainless steel manufacturers, Jindal Stainless (Hisar) Limited (JSHL). Spread over a period of three months, the first phase of the workshop for 50…
India Medtronic Pvt Ltd is now a Great Place to Work
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•India Medtronic Private Limited, a wholly owned subsidiary of Medtronic plc, today announced their certification as a Great Place to Work®. India Medtronic Pvt Ltd earned this acknowledgement by surpassing the threshold of Trust Index© and Culture Audit© framework under the category of ‘Large Organizations’ (more than 500 employees). The certification is valid for the…
CSS Corp wins Gold at the 11th Annual 2019 Golden Bridge Awards
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•CSS Corp, a new-age IT services and technology company, has won Gold in the 11th Annual 2019 Golden Bridge Awards® for its Innovative Network Solutions. The company was bestowed with the ‘Best Solution of the Year’ title in the IT services category. The award was presented in San Francisco on October 28, 2019, during the…
L&T Technology Services Ltd Receives 2019 Frost & Sullivan Indian Cognitive Automation Technology Innovation Leadership Award
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•L&T Technology Services Limited, a leading global pure-play engineering services company, was conferred with the Frost & Sullivan Indian Cognitive Automation Technology Innovation Leadership award at its 2019 India Best Practices Awards Banquet in Mumbai. The 2019 award recipients were judged on various parameters including market share growth, product portfolio diversity, key achievements, go-to-market strategy,…
Adani Transmission Receives LOI For Centre Sector Transmission Project
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•Adani Transmission Ltd (ATL), the largest private sector power transmission company operating in India, has received the Letter of Intent (LOI) from REC Transmission Projects Company Limited (RECTPCL) to build, own, operate and maintain a transmission project in the state of Gujarat for a period of 35 years. Mr. Anil Sardana, MD & CEO, Adani…
Jungle Ventures Raises $240 Million for Southeast Asia Tech Category Leaders
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•Jungle Ventures, one of Southeast Asia’s largest early stage venture capital firms, has announced that it closed its third fund, Jungle Ventures III. The firm raised a total of $240 million, which includes $40 million raised in separately managed account commitments, for investments in innovative technology and digital-driven consumer businesses across Southeast Asia. In 2013…
Ashok Bajpai Appointed as New Chairman at Continental Hospitals in India
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•Gleneagles Development Pte Ltd (“GDPL”), a subsidiary of IHH Healthcare (“IHH”), has appointed Mr Ashok Bajpai as the new Chairman of Continental Hospitals in India. Mr Bajpai is currently Group Head of Operations and Integration at IHH, where he is responsible for integrating the Group’s business processes by leading cross-functional and organisational teams across IHH…
MoU between Adani & US Based Digital Realty To Build India Data Center Infrastructure
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•In a strategic move to accelerate its foray into the data center domain, the Adani Group (“Adani”), a $13 billion integrated business conglomerate in India, today announced it is partnering with San Francisco-based Digital Realty, the world’s leading global provider of data center, colocation and interconnection solutions. According to a Memorandum of Understanding (“MoU”) signed…
Dr. Sukhbir Singh Sandhu is New Chairman of National Highways Authority of India
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•Dr. Sukhbir Singh Sandhu has taken over as Chairman, National Highways Authority of India today. He is an IAS Officer of 1988 batch Uttarakhand Cadre, who has held important positions in the Central Government and the Government of Uttarakhand, Government of Uttar Pradesh and Government of Punjab. Dr. Sandhu has done his MBBS from Government…