Keiretsu Forum, a global network of accredited angel investors, has appointed Gaurav Malhotra as head of its newly-formed healthcare committee. It was founded in California in 2000, Keiretsu runs 56 chapters in 20 countries on four continents with more than 3,500 accredited investors as members. The committee curates investors, corporates, startups, universities and healthcare professionals…
Category: Press Release
CDPQ To Up Its Stake In Piramal Enterprises By Investing $250 Million
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•Caisse de dépôt et placement du Québec (CDPQ) is announcing an investment in Piramal Enterprises Limited (Piramal Enterprises), a leading Indian financial and industrial group active in financial services, pharmaceutical development and manufacturing, and healthcare information management. CDPQ will acquire US$250 million in convertible debentures from Piramal Enterprises. “We are delighted to deepen our partnership…
Ally, an OKR(Objectives and Key Results) Solution, raised $15 Million Series B Funding
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•Ally, a leading goal-setting and business performance management software provider, has announced a $15 million Series B funding round led by Tiger Global Management, LLC, a New York based investment firm known for investing in strategic, innovative companies such as Facebook, Flipkart, Slack, and Stripe. Previous investors Accel, Vulcan Capital, and Founders Co-op also participated…
Aon appoints Lisa Stevens as Chief People Officer
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•Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, announces the appointment of Lisa Stevens as Chief People Officer. “As we continue our Aon United journey, we have gained greater clarity about our specific needs for recruiting, retaining and engaging colleagues,” said Greg Case, Aon’s CEO.…
Stefan Widing To Succeed Björn Rosengren As New President And CEO of Sandvik
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•Sandvik’s Board of Directors appoints Stefan Widing as new President and CEO for Sandvik with effect no later than April 2020. Stefan Widing succeeds Björn Rosengren, who as previously announced leaves Sandvik as of 1 February 2020. Since 2015, Stefan Widing is the Executive Vice President of Assa Abloy and President of HID Global Corporation,…
India rises 14 places to 63rd in global Ease of Doing Business rankings
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•India has recorded a jump of 14 positions against its rank of 77 in 2018 to be placed now at 63rd rank among 190 countries assessed by the World Bank. India’s Leap of 14 ranks in the Ease of Doing Business ranking is significant considering that there has been continuous improvement since 2015 and for…
Traction on Demand Announces Major Hiring Push at Its Jaipur, India Location
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•Traction on Demand, one of North America’s largest dedicated Salesforce consulting partners, announced that it is expanding its workforce in Jaipur, India. The influx of new Tractionites will contribute to the company’s rapid growth by providing the necessary skills to support the development of innovative platform solutions for customers globally. Traction on Demand is looking…
For 2019-20, Havells India Ltd Recognized As ‘The Great Place To Work’
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•Havells India Limited, a leading Fast-Moving Electrical Goods (FMEG) company, has been recognised as the ‘The Great Place to Work’ among the other reputed companies in India for the year 2019-20. The company was bestowed with the honour for building a high trust, high-performance culture with a strong emphasis on value systems and processes to…
Pivotal recognises Wipro as ‘Global Breakthrough Partner of the Year’
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•Wipro Limited, a leading global information technology, consulting and business process services company, today announced that it has been named “Global Breakthrough Partner of the Year” by Pivotal Software, Inc., a leading cloud-native platform provider, at Pivotal’s annual SpringOne Platform conference in Austin, Texas. Wipro’s strong investment and growth in its Pivotal practice over the…
Mindtree Bags 2019 ISG Star of Excellence Award
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•Mindtree,, a global technology services and digital transformation company, has been named the winner of the 2019 ISG Star of Excellence Award, the industry’s first and only recognition program that ranks providers on the quality of their services based on direct feedback from enterprise clients. Mindtree achieved the highest cumulative client experience score for the…
By 2020 Management Consulting Market to Reach $295 Billion
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•The global management consulting industry is expected to continue growing at a rate of 4-5 percent, according to Beroe Inc., a procurement intelligence firm. Within management consulting, Operations Consulting holds the largest market share of 28.4 percent and is growing at a rate of 3-4 percent, followed by Financial Advisory with market size of 28…
Stan Deal Appointed As New CEO of Boeing Commercial Airplanes And Ted Colbert To Head Boeing Global Services
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•The Boeing Company named Stan Deal to succeed Kevin McAllister as president and CEO of Boeing Commercial Airplanes and Ted Colbert to succeed Deal as president and CEO of Boeing Global Services, effective immediately. Vishwa Uddanwadiker is appointed to Colbert’s former role as interim chief information officer and senior vice president of Information Technology &…
TCS Recognised As A Leader In Robotic Process Automation
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•Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, has been recognized as a Leader in the Forrester Wave™ for Robotic Process Automation (RPA) Services. As per the report, “TCS embraces automation throughout its own organization and across its customer base.” It added, “TCS has deep technical finesse and structured, mature…
Cabinet approves proposal for Agreement on Science and Technology Cooperation between India and USA
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•The Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposal for Agreement on Science and Technology Cooperation between India and the United States of America. The agreement will unlock a new chapter in bilateral relations as both sides will leverage complementary strengths spurred by a significant convergence of mutual interests in science…
JP Morgan to invest $25 million in skill development in India
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•J.P. Morgan, an American multinational investment bank and financial services, has announced to invest USD $25 million to help low- and middle-income communities in India to develop the skills needed by the country’s workforce in the future. The firm will support skills training and career education programs to equip people in India for careers in…