Tag Archive for companies

Max Life Insurance amongst the top 15 BFSI companies to work for in India

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Max Life Insurance, one of the leading life insurance companies in India, has been recognized as one of the top 15 ‘Best Workplaces in BFSI (Banking, Financial Services and Insurance Sector)’ in a study conducted by the prestigious Great Place to Work institute. What makes the recognition even more significant is the fact that more than 600 companies participated in the survey this year, out of which 55 were from the BFSI sector. The achievement is a testimony to Max Life’s values-driven culture and strong practices around employee engagement and talent development, which have been the bedrocks of sustained business success. Read more

Ola, one of the world’s largest ride-sharing companies, announces its plans to enter Australia

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By  K Ashwin  Mobile: 09920183006  Email:indianshowbusiness@gmail.com

Australia’s ride-sharing ecosystem is set for a refreshing change after Ola, one of the world’s largest ride-sharing platforms, has today announced its plans to enter Australia, providing both driver-partners and passengers a better way to move. Read more

KPIT and Birlasoft to come together to create two companies in the ‘Automotive Engineering and Mobility Solutions’ and ‘Digital Business IT Services’ space

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By  K Ashwin  Mobile: 09920183006  Email:indianshowbusiness@gmail.com

 

KPIT (BSE: 532400; NSE: KPIT), a well-established technology company with deep expertise in Auto Engineering and Mobility Solutions, and strong presence in Business IT with significant ERP expertise and niche digital competency and, Birlasoft, a part of the USD 1.6 billion diversified CK Birla Group, today announced the coming together of KPIT and Birlasoft, to create a USD 700+ million combined entity that will later demerge into two separate companies, focused on ‘Automotive Engineering and Mobility Solutions’ (the new KPIT Technologies) and ‘Digital Business IT Services’ (Birlasoft) respectively. During the period prior to completion of the deal, KPIT and Birlasoft will continue to be run by their current management, in addition to which management from KPIT and Birlasoft will work together to familiarize Birlasoft with the ITSS business.

 

At the conclusion of the deal, two new companies will be created. The new KPIT Technologies will be a USD 200+ million focused Engineering Services company that will be created by tapping into the current Engineering business of KPIT to create a global leader in Automotive Engineering and Mobility Solutions.

 

The new ‘Birlasoft’ will be a USD 500+ million Digital Business IT Services company that will be created by combining the KPIT ITSS business and the current Birlasoft creating a new leader in the mid-tier IT services space, which will also be called Birlasoft. Read more