ABB India Ltd appoints Kiran Dutt as President of its Electrification business
Kiran Dutt joined ABB in 2004 and has over 25 years’ experience. In his new role, Kiran will lead the ABB Electrification business for India, Sri Lanka, and Bangladesh. He will be responsible for growing market coverage and channel penetration and working closely with the broader Electrification Regional Global Markets organization of Asia Pacific & India
Kiran will take over from CP Vyas, who had been leading the Electrification Business in India since 2016 and was part of ABB India in various capacities for the last 30 years. CP Vyas will move on to take over the new role in Electrification Distribution Solutions Division based at Baden, Switzerland.
Kiran Dutt, in his new role, said: “It’s a great honour and a privilege to lead the Electrification business team that is dedicated to transforming how people live, connect, and work by delivering safe, smart, and sustainable electrification solutions. We are shaping the future trends of electrification, differentiating through technological and digital innovation while delivering an outstanding experience through operational excellence for our customers across utilities, industry, buildings, infrastructure and mobility.”
ABB (ABBN: SIX Swiss Ex) is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB’s success is driven by about 105,000 talented employees in over 100 countries.
ABB’s Electrification Business Area is a global leader in electrical products and solutions, operating in more than 100 countries, with over 200 manufacturing sites. Our 55,000+ employees are dedicated to delivering safe, smart and sustainable electrification. With ABB AbilityTM enabled digital solutions at its core, our portfolio protects, connects and optimizes the flow of electrical energy, including the integration of renewables and energy storage for smarter electricity distribution for utilities, industry, infrastructure and transportation. For more information visit https://go.abb/electrification
Infosys to Announce First Quarter Results on July 14, 2021
A global leader in next-generation digital services and consulting, will announce results for the first quarter ended June 30, 2021 on Wednesday, July 14, 2021 around 3:45 p.m. Indian Standard Time (IST) (6:15 a.m. US ET; 3:15 a.m. PST; 11:15 a.m. London time; 6:15 p.m. Singapore/Hong Kong time). The results will also be available on www.infosys.com.
TCS Launches Jile™ 5.0, a Major Release of its SaaS-based Enterprise Agile Tool, with Enhanced Portfolio Capabilities
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, launched Jile™ 5.0, a major release of its on-the-cloud Enterprise Agile planning and delivery tool that enables enterprises to meet the large-scale development needs of multiple distributed teams. With enhanced Agile portfolio capabilities and Lean portfolio budgeting, Jile enables better collaboration and accelerates value creation.
Jile 5.0 enables organizations to better align execution with strategy by providing a unified view of portfolios and programs, helping business stakeholders and teams to collaborate effectively, and speeding up time-tomarket for new software. Through its Lean portfolio budgeting, Jile further helps business stakeholders make informed investment decisions to achieve targeted business goals.
The new release is available in two editions: A Standard edition for medium and large enterprises that are beginning to scale agile practices to multiple team-of-teams, and an Enterprise edition for large enterprises that have mature agile practices and are looking at agility at the business layer. In addition to the features available in the Standard edition, the Enterprise edition allows teams to track budget allocation versus consumption as well as portfolio, program, and team performance using customizable dashboards.
Durga Maruwada, Business Head, Jile, TCS, said, “With its intuitive user interface, Jile is easy to learn and enables our customers to embrace industry-proven Agile methods and frameworks across the enterprise and accelerate their growth and transformation journeys. The new release of Jile comes in two editions catering to the needs of organizations at different maturity levels, and helps customers manage their portfolios better to align execution with strategy.”
SonyLIV Enters into Strategic Partnership with TCS to Transform Customer Experience and Drive Growth
Tata Consultancy Services Will Help Speed and Scale SonyLIV’s Innovation to Accelerate its Journey Towards Becoming a Global Next-Generation OTT Player
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has entered into a strategic partnership with India’s premier OTT streaming platform, SonyLIV, to help create an innovative business model enabled by digital technologies, enhance customer experience, and pave the path to future growth.
The partnership will leverage TCS’ next-gen digital capabilities, global expertise, domain knowledge and innovation ecosystem to define SonyLIV’s platform transformation roadmap for India and global markets. TCS will help enhance its core OTT platform to leverage AI and machine learning to provide personalized experiences to subscribers across devices. It will also help SonyLIV use data and insights to monetize content and create new revenue streams.
Additionally, TCS will set up a world-class Experience Design Center leveraging its innovation labs, where it will deploy its Location Independent Agile Model to accelerate innovation by rapidly prototyping and helping SonyLIV launch new best-in-class features ahead of the market. The partnership will help SonyLIV reimagine the customer experience and engagement, enhance its brand, establish competitive differentiation in the marketplace and drive growth.
Danish Khan, Business Head, SonyLIV, Sony Entertainment Television and Studio Next, said, “We are delighted to have TCS on board as our technology partner. We will work closely with the TCS leadership team in India, US and UK to enhance the user experience of SonyLIV. Further, we hope to harness the TCS global talent reach, infrastructure and global centers of excellence to bring innovations that will improve engagement and provide a delightful consumer experience.”
“We are pleased to partner with SonyLIV in their growth and transformation journey to become one of the best OTT platforms in the country and the world,” said Ujjwal Mathur, Country Head, TCS India. “Through this partnership, TCS will bring its deep domain knowledge in the media and OTT industry along with worldclass technology capabilities to enable SonyLIV to innovate at speed and scale. TCS will leverage its global innovation ecosystem to introduce next-gen immersive and interactive features to enrich the overall customer experience.”
RDIF and Morepen Laboratories announce production of the test batch of Sputnik V in India
The Russian Direct Investment Fund (RDIF, Russia’s sovereign wealth fund), and Morepen Laboratories, one of the leading manufacturers of pharmaceutical products in India, today announced the production of the test batch of the Russian Sputnik V coronavirus vaccine in an exclusive facility in state of Himachal Pradesh (HP).
The first batch will be shipped to the Gamaleya Center for the quality control. RDIF and Morepen Laboratories signed a cooperation agreement in June 2021 and are actively implementing the technology transfer.
Sputnik V was granted an emergency use authorization in India on April 12, 2021. India is the leading production hub for Sputnik V. RDIF had reached agreements earlier with other leading pharmaceutical companies in India - Gland Pharma, Hetero Biopharma, Panacea Biotec, Stelis Biopharma and Virchow Biotech. In total, agreements with partners in India provide for production of more than 850 mn doses of Sputnik V per year.
To date, Sputnik V has been registered in 67 countries globally with a total population of over 3.5 bn people. The data obtained by regulators of a number of countries during the vaccination of the population, including Argentina, Serbia, Bahrain, Hungary, Mexico and others, demonstrates that Sputnik V is one of the safest and most effective vaccines against coronavirus.
Sputnik V is based on a proven and well-studied platform of human adenoviral vectors and uses two different vectors for the two shots in a course of vaccination, providing immunity with a longer duration than vaccines using the same delivery mechanism for both shots.
Kirill Dmitriev, CEO of the Russian Direct Investment Fund, commented: “As the pandemic is yet far from over and new, more dangerous variants of coronavirus are being detected in various regions of the world, RDIF is increasing capacities for production of Sputnik V in India, one of the key hubs. Agreement with Morepen Laboratories provides for larger amount of Sputnik V to be available both for India and our partners globally to speed up the vaccination with one of the best vaccines in the world.”
Sushil Suri, Chairman & Managing Director of Morepen Laboratories Limited, said: “We are a delighted to partner with RDIF for the prestigious project of Sputnik V production in India. This would be our privilege to work jointly on expanding the production base in India. We take this partnership as starting point for long term relationship with RDIF and its partner companies as we look forward for many more areas of common interest. Morepen’s commitment towards this project is step forward towards entry into biosimilars and other biologicals.”