VEON Ltd., a global digital operator that provides converged connectivity and online services, announced that Omiyinka Doris has been appointed Group General Counsel in permanent capacity, effective June 1, 2023. As the Group General Counsel, Omiyinka will continue to report to VEON’s Group Chief Executive Officer, Kaan Terzioglu, and will continue to serve as a…
DXC Technology, one of the world’s leading Fortune 500 technology services companies, has announced the appointment of two of its senior executives to joint ventures in the London market, in association with Lloyd’s and the International Underwriting Association (IUA). These appointments will contribute to the digital transformation of the London market and global insurance markets,…
Movate (formerly CSS Corp), a digital technology and customer experience (CX) services provider, announced the opening of a new global delivery center at Alkarawi Plaza Centro Commercial, Barranquilla, Colombia. The center will help strengthen its presence in Colombia and leverage highly skilled local talent with multilingual capabilities to deliver high-tech and high-touch services in digital customer…
Private sector lender DCB Bank has appointed Ashu Sawhney as the Head of Human Resources, according to ETHRWorld report. “I’m happy to share that I’ve been appointed as Head – Human Resources at DCB Bank. It has been an amazing journey thus far and I am looking forward to further enhance people practices going ahead,”…
Veeam Software, the leader in Data Protection and Ransomware Recovery, announced the appointment of Kacy Hassack as the company’s Chief People and Culture Officer (CPC). Kacy joins Veeam to lead all things people, including attracting and nurturing talent, leadership development, diversity, equity and inclusion (DEI) initiatives, employee engagement, and making Veeam the best place to grow…
Defense startup Mach Industries has raised $5.7 million in a seed round led by Sequoia Capital, the first-ever defense tech investment in the venture capital giant’s history, according to Reuters report. Sequoia’s funding of a technology that aims to use hydrogen creation on the battlefield signals the latest interest from Silicon Valley investors in backing…
ADC India Communications Limited announced the appointment of Anandu Vithal Nayak as Chief Financial Officer of the company, with effect from June 17, 2023. According to the company’s exchange filing, “Pursuant to Regulation 30 of the Listing Regulations, we wish to inform you that the Board of Directors of the Company at its meeting held…
Accenture has invested in New York-based Praxis Labs, a software-as-a-service virtual reality (VR) company with an end-to-end immersive learning platform that helps users develop soft skills to drive equity, inclusion, and value in the workplace and beyond. The investment was led by Accenture Ventures as part of its broader Project Spotlight initiative. Funded through Accenture’s Black Founders Development Program, this investment reflects…
CSC, a provider of business, legal, tax, and digital brand services, announced the acquisition of Eddystone Financial Services, a provider of corporate loan agency services. The acquisition will continue to expand the company’s corporate trust and agency solutions to the Australian and New Zealand markets, a statement said. Eddystone Financial Services provides facility agent, security…
Persistent Systems, a global Digital Engineering leader, announced the launch of its newly established Private Equity (PE) Value Creation Hub in Plano, Texas. The center will expand the Company’s onshore footprint and strengthen its presence in the rapidly evolving PE market by providing expertise across the full asset lifecycle for global PE firms and their…
Ekta Kapoor-owned film, television and web production house Balaji Telefilms Limited announced that Abhishek Kumar has resigned from the role of Group Chief Executive Officer, with effect from June 15, 2023. According to the company’s exchange filing, “Pursuant to Regulation 30 read with Para A of Schedule III of the Securities and Exchange Board of India…
A consortium led by Bharat Heavy Electricals Limited (BHEL) and Titagarh Rail Systems Limited (TRSL) signed a contract for manufacturing and supply of 80 fully assembled Vande Bharat sleeper train sets by 2029 and their maintenance for 35 years. This is the first time Indian Railways has awarded a contract of this value to an…
HomeLane, a provider of personalized home interior solutions recently announced the successful completion of a bridge round, raising INR 75CR from its current investors. The funding will help accelerate HomeLane’s growth trajectory and support its expansion plans, a statement said. The bridge round reiterates the confidence of HomeLane’s investors in the company’s vision and also…
Premium EV Motorcycle Startup, Raptee has opened their first factory for manufacturing EV motorcycles to be rolled out later this year. The factory, which is opened in Chennai, is spread across 3 acres and will house a majority of Raptee’s Research and Development team in the same campus. Raptee plans to invest Rs 85 crore…
Mahindra & Mahindra Financial Services Limited (MMFSL) announced the appointment of Amarjyoti Barua as Non-Executive and Non-Independent Director on the company’s Board, with effect from July 28, 2023. According to the company’s exchange filing, “we hereby inform you that based on the recommendation of Nomination and Remuneration Committee, the Board of Directors of the Company…