Category: Press Release

Lithium Technologies Strengthens Its Operations in India.

Lithium Technologies, a San Francisco-based software provider that allows businesses to connect with their customers on social media and digital channels. This Thursday (September 13, 2018) the firm confirmed its commitment to India as a strategic market for growth by opening a new office. Lithium unveiled its new state of the art campus in Bangalore at…

Fork Media to Operate Mashable India, announces agreement with Ziff Davis

Fork Media, India’s fastest growing publishing and ad tech media company, today announced a new agreement with Ziff Davis, the American digital media company, to operate Mashable India. Fork Media has already been working on other Ziff Davis brands like IGN and AskMen, in India. Mashable India will curate and localize the best of Mashable’s delightfully…

Management restructuring at Viacom18 as it gears up for growth.

Viacom18, has announced a management restructuring. The restructuring is aimed at consolidating its growing portfolio towards enabling better business performance through focused content innovation and collaboration across brands. Manisha Sharma, has been elevated to Chief Content Officer, Hindi Mass Entertainment. In her new role, she will be heading content for the entire HME cluster including COLORS…

FirstBuild to Open at T-Works, India’s Largest Makerspace.

GE Appliance’s FirstBuild has signed an agreement with the state of Telangana and T-Works to establish FirstBuild India at T-Works.  FirstBuild is an online and physical community dedicated to designing, engineering, building, and selling the next generation of major home appliances.  T-Works is an initiative of the Telangana government for startups in hardware and electronics.…

CSS Corp Ranked 7th in HFS Research.

CSS Corp, a new-age IT services and technology support company, has announced that it has been named amongst the Global Top 10 Cognitive Assistant Service Providers by HFS Research in its latest Cognitive Assistant Service Providers Report for 2018. The report has been compiled based on interviews with 300 enterprise clients of IT services from…

Marriott Hotels And TED Deliver Inspiring ‘Women In Innovation’ Salon – Sparks New Perspectives Across Asia Pacific

Marriott International’s flagship brand Marriott Hotels continues to spark creative ideas and meaningful conversations worldwide, hosting its second TED Fellows salon in the Asia Pacific on September 6th at the Bengaluru Marriott Hotel Whitefield in India. The event was attended by an engaged crowd of over 200 movers and shakers including innovative entrepreneurs, Marriott Rewards loyalty…

The Conference Board Employment Trends Index™ (ETI) for US Increased again in August.

The Conference Board Employment Trends Index™ (ETI) increased in August, after increasing in July. The index now stands at 110.88, up from 109.58 (a downward revision) in July. The change represents a 6.9 percent gain in the ETI compared to a year ago. “The Employment Trends Index continues to accelerate, with this month’s year-over-year increase…

Alibaba Group Announces Executive Chairman Succession Plan

Alibaba Group Holding Limited (NYSE: BABA) today announced that one year from today, September 10, 2019, chief executive officer Daniel Zhang will succeed Jack Ma as chairman of the board of Alibaba Group. Mr. Ma will continue as executive chairman of the company over the next 12 months to ensure a smooth transition of the…

L&T Technology Services Enters Into Agreement to Acquire Graphene Semiconductor Services

L&T Technology Services Limited (NSE: LTTS), a leading global pure-play engineering services company, has executed a definitive agreement to acquire 100% stake in Bangalore-based Graphene Semiconductor Services Private Limited (“Graphene”) by way of an all cash deal. L&T Technology Services Limited (NSE: LTTS), a leading global pure-play engineering services company, has executed a definitive agreement…

Dassault Systèmes Signs MoU With National Institute of Technology Silchar to Establish NITS Cloud Center for Innovation

Dassault Systèmes has signed a Memorandum of Understanding (MoU) with National Institute of Technology Silchar (NITS) to set up the NITS Cloud Center for Innovation at the institute’s campus in Silchar, Assam. The MoU was signed at the 3DEXPERIENCE Forum India 2018 in New Delhi. As part of the MoU, Dassault Systèmes will host five…

Ebix to acquire Miles Software for 19 million USD.

Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries has announced that one of its Indian subsidiaries has signed the agreement to acquire Mumbai based Miles Software for an amount of approximately $19 million, with an additional contingent earn out of up to…

Novartis to divest the Sandoz US dermatology business and generic US oral solids portfolio to Aurobindo

Novartis today announced it has agreed to sell selected portions of its Sandoz US portfolio, specifically the Sandoz US dermatology business and generic US oral solids portfolio, to Aurobindo Pharma USA Inc., for USD 0.9 billion of cash plus USD 0.1 billion of potential earn-outs. This transaction supports the Sandoz strategy of focusing on complex…