Wipro elevates three company veteransDilip Dialani has been with Wipro for almost 20 years. He will take over from Nanda Kishore as COO of Americas One in Q3. Before he succeed...
10 Aug, 2024, 04.43 PM IST
PE veteran Shashank Singh quits Apax PartnersSingh will be moving permanently to London, the sources added. He joined Apax in 2004 in its London office and moved to the India office in...
04 Jul, 2023, 09.01 PM IST
Hitachi-owned GlobalLogic elevates Nitesh Banga as CEONitesh Banga has supervised business operations for GlobalLogic since he joined in 2018. He will succeed Shashank Samant as president and C...
04 Aug, 2022, 11.48 AM IST
GlobalLogic announces appointment of new president and CEOBanga has successfully worked across functions from strategy, go-to-market, engineering, and operations while also launching similar busine...
04 Aug, 2022, 10.58 AM IST
OYO appoints Betsy Atkins as independent directorAs an independent member of the board, Betsy will play a supervisory role and provide guidance to the founder and the management on key bus...
21 Nov, 2019, 05.11 PM IST
ER&D companies bag big digital transformation dealsBusiness dynamics for IT services firms have been disrupted because of demand for more outcome based projects.
02 Oct, 2018, 06.24 PM IST
GlobalLogic appoints Puneet Gupta as its Chief Technology Officer for India / APAC RegionPuneet brings in more than two decades of diverse digital and global experience, with a background in Computer Science and Electronics Engi...
27 Sep, 2018, 04.42 PM IST
Apax Partners sells stake in GlobalLogic, values firm at $2 billionCanada Pension Plan Investment Board (CPPIB), which acquired 48% in GlobalLogic in April 2017 will continue to remain invested in the US co...
22 May, 2018, 08.45 AM IST
IT outsourcing firm GlobalLogic has crossed $550 million in revenues“We are on track to be a billion-dollar company where our organic growth will take us to 900 million plus (by 2020),” said Shashank Samant,...
20 Feb, 2018, 08.56 AM IST
Baring may sell part of stake in Hexaware Tech outside IndiaBaring initially acquired a 41.8% stake from Hexaware promoters Atul Nishar and private equity firm General Atlantic for more than Rs 1,600...
01 Sep, 2017, 01.59 PM IST
Private equity, venture capital investments down 6.3% in January: EY reportExcept for technology, all other prominent sectors recorded a decline in both value and volume as compared to January 2016, as well as the ...
22 Feb, 2017, 12.27 AM IST
Apax profits three times with sale of 48% in GlobalLogicTransfer of stake to Canada Pension Plan Investment Board expected to be one of the biggest PE exits in tech sector; GlobalLogic reportedly...
12 Jan, 2017, 09.30 AM IST
Apax Partners sells 48% of GlobalLogic to CPPIB in $1.5 billion dealThe transaction would also be one of the biggest private equity exits in the technology sector post Capgemini’s $4 billion acquisition of N...
12 Jan, 2017, 12.59 AM IST
Flipkart & Snapdeal founders invest about Rs 1.8 crore in designer of board games MadRat GamesThe games are priced at Rs 500 to Rs 1,000 and are available in 400 stores in 10 cities — and on Flipkart and Snapdeal.
30 Jul, 2015, 03.21 AM IST
Tech honchos like Rajan Anandan,Deep Kalra,Raman Roy and others don angel investor role for IT newbiesTech professionals typically invest in small groups or use angel networks like Mumbai Angels to reduce risks while taking stakes in tech st...
09 Mar, 2012, 11.58 AM IST
- Global Logic shows the door to 125 employees
In another hit to the IT sector, GlobalLogic, one of the largest outsourced product development companies in India, has laid off about 125 ...
11 Nov, 2008, 02.10 AM IST
- Vinod Dham picks up 25% stake in ISGN
NRI venture capitalist Vinod Dham’s New Enterprise Associates (NEA) has picked up a minority stake in KK Birla-promoted mortgage BPO ISGN f...
13 Jun, 2007, 03.08 AM IST