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News on Medial
UK-based Rezolve Ai appoints Sauvik Banerjjee as global CEO of products, tech, digital services - The Economic Times
Economic Times
·
1m ago
Medial
Rezolve Ai has appointed Sauvik Banerjjee as the president of global professional services and chief digital officer, following strong market demand and the creation of their Professional Services platform. The division supports 50 enterprise clients and 16.5 million monthly active users, leveraging AI to optimize customer engagement and operational efficiency. It aims to position Rezolve Ai as a major competitor in the AI-driven consumer engagement market, capitalizing on $70 million in annual recurring revenue.
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NTT DATA appoints Alok Bajpai managing director, India, Global Data Centers - The Economic Times
Economic Times
·
1m ago
Medial
NTT DATA has appointed Alok Bajpai as Managing Director, India, for its Global Data Centers division. Previously the CFO, Bajpai will now guide business operations and market expansion in a rapidly evolving region. His leadership will support NTT's growth strategy by ensuring scalable and secure infrastructure to meet India's digital demands. Bajpai brings over three decades of leadership experience and will focus on building a future-ready ecosystem for economic and technological progress in India.
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Nasscom to launch US CEO Forum in NY to boost India-US tech, innovation ties - The Economic Times
Economic Times
·
1m ago
Medial
Nasscom is launching the US CEO Forum in New York to enhance India-US tech collaboration. The Forum will involve Indian tech CEOs and US stakeholders in strategic discussions on innovation, enterprise, policy, and talent development. With ongoing engagements planned across US tech hubs, it aims to foster growth, co-innovation, and policy alignment. Positioned as a leadership platform, the Forum seeks to strengthen the India-US tech corridor, promoting digital transformation and economic growth.
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Simplilearn appoints Jitendra Kumar as CTO to lead AI-first strategy
Economic Times
·
2m ago
Medial
Simplilearn, a digital upskilling company, appointed Jitendra Kumar as CTO to lead its AI-first strategy. Kumar, returning to the company, will focus on embedding AI technologies to personalize learning and enhance global impact. CEO Krishna Kumar highlighted the importance of Kumar's leadership in advancing AI capabilities and expanding global presence. Previously, Kumar founded HappyCredit and ReelOn, underscoring his tech innovation expertise. He aims to integrate AI across Simplilearn's ecosystem for smarter upskilling solutions.
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Niyo acquires Kanji Forex, appoints Amit Talwar as CEO
Entrackr
·
10d ago
Medial
Niyo, a travel fintech platform focused on cross-border payments for outbound Indian travellers, has acquired Mumbai-based Kanji Forex through its parent company Finnew Solutions. The move aims to strengthen Niyo’s forex business and support its goal of building a comprehensive global banking platform. Alongside the acquisition, Niyo has appointed veteran banker Amit Talwar as CEO of Niyo Forex (Powered by Kanji Forex Pvt Ltd). Talwar brings over 27 years of banking experience, including leadership roles at IndusInd Bank and ICICI Bank group entities in India and the UK. Founded in 1935, Kanji Forex (Kanji Pitamber & Co.) was among the first to offer foreign currency options to Indian and global banks. Under Niyo, the brand will expand its physical presence across India and build B2B partnerships to deepen market reach. The acquisition enables Niyo to offer a full-stack forex portfolio, including FX cash, FX cards, and outward remittances under its AD Category 2 licence. The company will integrate Kanji’s offline strengths with Niyo’s digital-first platform to serve travellers, students, professionals, and other global citizens. Backed by investors with over $179 million in funding, Niyo operates across 20 states and serves more than two million customers. The company says this move accelerates its plan to provide transparent pricing, intuitive digital products, and nationwide accessibility in international banking.
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European regulators crack down on Big Tech
Economic Times
·
1y ago
Medial
European regulators are cracking down on Big Tech, with investigations and potential fines on the horizon for Apple, Meta Platforms (formerly known as Facebook), and Google. The alleged breaches include disparaging rival products on their platforms. The European Union's Digital Markets Act (DMA) could result in fines of up to 10% of their global annual turnover for these companies. Additionally, there have been actions taken against other tech giants, such as Microsoft and Amazon, in various European countries like the UK, France, Germany, Italy, and the Netherlands.
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Gautam Adani's Adani Ports confirms Deloitte resignation; appoints MSKA & Associates
IndianStartupNews
·
2y ago
Medial
Gautam Adani-led Adani Ports & Special Economic Zone Ltd. (APSEZ) has confirmed the resignation of UK-based accounting giant Deloitte and has announced the appointment of MKSA & Associates as its new statutory auditor.
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Sify appoints former Tata Communications executive CR Srinivasan as CEO of digital biz
Economic Times
·
1y ago
Medial
Sify Technologies has appointed CR Srinivasan as the CEO of its subsidiary, Sify Digital Services Limited. With over three decades of experience in global telecom, IT, cybersecurity, and digital services, Srinivasan previously led the cloud and cybersecurity businesses at Tata Communications. He will be responsible for expanding the business in both India and new territories. Srinivasan aims to tap into Sify's untapped potential in digital services and contribute to making it a leader in the converged ICT ecosystem.
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Zostel appoints Aviral Gupta as CEO, cofounder Chouhan becomes Chairman - The Economic Times
Economic Times
·
18d ago
Medial
Zostel has appointed Aviral Gupta as its new CEO, with cofounder Dharamveer Singh Chouhan transitioning to Chairman. This leadership change marks a new phase for parent company Zo World, focusing on creating an AI-driven, community-based ecosystem. The shift aims to unite travel, hospitality, and digital experiences under a single, expansive brand, reflecting Zo World's move towards an innovative and integrated platform.
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One in four German startups could leave over lack of capital, poll finds - The Economic Times
Economic Times
·
1m ago
Medial
A study by digital business association Bitkom reveals that one in four German tech startups is considering leaving the country due to insufficient venture capital amidst an economic slowdown. Among the surveyed, 26% are contemplating relocation, while only 23% believe venture capital is adequate in Germany. Despite economic challenges, 79% of the 152 startups remain confident about achieving their financing goals, needing an average of €2.5 million annually in fresh venture capital.
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Nasscom terms India-UK FTA landmark, welcomes removal of double contribution burden
YourStory
·
3m ago
Medial
The India-UK Free Trade Agreement (FTA) is hailed as a landmark by the Indian tech industry. It eliminates double contribution burdens, enhancing trade in services and cross-border innovation. The FTA facilitates collaboration in AI, cybersecurity, and digital transformation, boosting opportunities for startups and skilled professionals. The agreement strengthens India's role as a global services provider and promotes Indian talent in the UK. NASSCOM pledges to leverage the FTA to bolster bilateral trade and innovation.
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