Category: Press Release

Sunil Lulla is the new CEO at BARC India as Partho Dasgupta steps down.

Partho Dasgupta, the first Chief Executive Officer of BARC India, a Joint Industry Company between Broadcasters, Advertisers and Agencies, today announced his plans to relinquish his position and move on.  The world’s largest Television Audience measurement company today announced a change in leadership. In a statement Partho Dasgupta said “It has been a tremendous journey…

Mr. Prasad unveils new initiatives to mark first MeitY Start-up Summit

Shri Ravi Shankar Prasad, Union Minister of Law & Justice, Communications and Electronics & Information Technology, has unveiled a series of new initiatives by the Ministry of Electronics & Information (MeitY) in the first MeitY Start-up Summit held today at New Delhi. Speaking on the occasion Shri Ravi Shakar Prasad stressed that there is great…

Karnataka tops India Innovation Index 2019

In the recently announced India Innovation Index 2019, Karnataka tops the list and is followed by Tamil Nadu, Maharashtra, and Delhi.  NITI Aayog with Institute for Competitiveness as the knowledge partner have been responsible for the study towards the release of India Innovation Index (III) 2019.  The study is in line with the thought that…

PEI-Genesis announces new subsidiary in India

PEI-Genesis, a global leader in the design and assembly of custom engineered connectors and cable solutions, has continued its global expansion with a new subsidiary in New Delhi, PEI-Genesis Connectivity Solutions India Private Limited.  Jane Fischetti, General Manager Account Development & International Sales, PEI-Genesis, said –  “India is a growth market for us, and we…

Kapil Dev invests in VAOO, a cab aggregator promising free rides

Former Indian cricketer Kapil Dev, has launched ‘VAOO’ App, a Mumbai-based cab aggregator that promises to offer free rides to passengers in return for viewing advertisements. The company had received $15 million in funding from investors including Kapil Dev. The startup has already registered 15,000 cabs. Unlike Ola & Uber business module, the VAOO cab…

Approx 7500 youth visit Skill India’s Rozgar Mela in Bikaner; 2000 plus aspirants get shortlisted for jobs

The two-day Skill India Rozgar Mela concluded on 12th-13th October with close to 7500+ visitors/ job aspirants attended the varied activities at the event. More than 2000 candidates were selected in job roles such as Technician, Electrician, Machine Operator, Fitter, Turner, Sales Executive, Delivery Executive, Business Executive, Relationship Officer and Data Entry Operator. One of…

NeuroLeap raises funding from Rajashree Birla, Sminu Jindal.

NeuroLeap, a brain enhancement & mental health venture, founded by Kumaar Bagrodia, has raised an undisclosed amount of funding from Rajashree Birla, Chairperson, Aditya Birla centre for community initiatives & rural development and Sminu Jindal, MD, Jindal Saw & founder chairperson, Svayam. NeuroLeap uses advanced BCI Brain Computer Interface technology to safely understand brain activity…

PwC plans to spend $3 Billion on upskilling Its global workforce ; launches “New world, New skills” program.

Recently, PwC announced that it will spend $ 3 billion in upskilling PwC people, developing new technologies and sharing technologies to support its clients and communities. This announcement formed a part of the release of the company’s performance for the 12 months ending 30 June 2019. PwC’s revenue grew across all lines of business and…

IndoSpace closes third logistics real estate fund at $1.2 billion.

IndoSpace, one of India’s leading developer of industrial real estate and warehousing facilities, announced today that it held the final close on IndoSpace Logistic Parks III (“ILP III” or the “Fund”), the largest logistics real estate fund ever raised in India. The offering was significantly oversubscribed on the back of strong investor demand. US$ 580…

HCL to Acquire Select IBM Software Products for $1.8 billion.

IBM and HCL Technologies (HCL) today announced a definitive agreement under which HCL will acquire select IBM software products for $1.8 billion. The transaction is expected to close by mid-2019, subject to completion of applicable regulatory reviews. The software products in scope represent a total addressable market of more than $50 billion and include: Appscan for…

TCS Acquires BridgePoint Group.

Tata Consultancy Services, (TCS), a leading global IT services, consulting and business solutions organization, has acquired the business of BridgePoint Group, LLC, a U.S. management consulting firm catering to the financial services industry, and specializing in retirement services, through the purchase of select company assets. TCS currently partners with eight of the top 10 US…

Infosys InStep Recognized as the Best Overall Internship Program Globally by Vault.

Infosys on Monday announced that its global internship program, InStep, has been ranked number 1 in the best overall internship category by Vault.com’s latest survey on Top Internships for 2019. InStep, also earned the first position in the best consulting internship category, the second position in the compensation and benefits category, seventh position in the quality…