Reliance Retail Ventures (RRVL) announced on Monday that the global investment firm KKR, through an affiliate, will invest Rs 2,069.50 crore into RRVL, a subsidiary of Reliance Industries Limited. This investment values RRVL at a pre-money equity value of Rs 8.361 lakh crore, which makes it among the top four companies by equity value in […]
Tata Consultancy Services (TCS) on Wednesday unveiled a groundbreaking strategic partnership with the Digital unit of Jaguar Land Rover (JLR). The deal, valued at a staggering GBP 800 million (USD 1 billion), is set to unfold over the course of the next five years and is expected to drive significant transformations within the automotive giant. […]
IT major Infosys has clinched a groundbreaking five-year deal extension with Europe-based telecom and communications giant Liberty Global, valued at EUR 1.5 billion (approximately USD 1.64 billion) for the initial engagement period. The partnership will see Infosys take charge of the construction and operation of Liberty Global’s Horizon entertainment and connectivity platforms. This new deal […]
Reliance Industries (RIL) on Monday acquired 33.33 pc stake in Brookfield Infra-Digital Realty data center business in India. RIL entered into an agreement with Brookfield Infra and Digital Realty in their Indian SPVs set up for developing data centres in India. As per the RIL’s official statement, it will hold a 33.33 per cent stake […]
Deloitte Touche Tohmatsu India LLP and Capillary Technologies on Wednesday announced a strategic alliance to help companies increase customer loyalty, retention and engagement in India. According to the press note, the strategic alliance leverages Deloitte’s industry expertise and global networks along with Capillary’s AI-powered SaaS platform. Together, they intend to drive digital transformation and data-driven […]
About 38 per cent of the Indian companies that had participated in the survey revealed that they do not have any plans to adopt digital technology for their businesses, said a report by PwC India. According to the research, digital champions from across the six sectors in India believe that being resilient, transparent and sustainable […]
FNP (Ferns N Petals), a gifting brand announced the appointment of Ashish Goel as the new Chief Technology Officer (CTO). Goel will spearhead the company’s technological advancements globally and lead the development of cutting-edge solutions to enhance the overall digital experience for its customers. With a global presence encompassing various geographies including India, UAE, Saudi […]
Retail and consumer packaged goods (CPG) executives are overwhelmed by the pace of change, according to a new study released by Genpact and HFS Research. According to the study, the consumer goods and retail playbook for balancing the macroeconomic slowdown and race toward innovation, reveals that more than 60 per cent of retail and CPG […]
Infosys and energy company bp signed a Memorandum of Understanding (MoU) to demonstrate their intent for the former to be bp’s primary partner for end-to-end application services. This would include development, modernisation, management and maintenance. Under the MoU, Infosys will focus on modernising bp’s application landscape to enhance business resilience, drive value from operational efficiencies, […]
