Salesforce India launches return to work programme cohort for women

Salesforce India launches return to work programme for women

Salesforce, the global CRM software company, has unveiled a new programme to get back women who have taken a career break back into working roles. Under the six-month Return to Work programme, Salesforce India will provide eligible candidates with an opportunity to work, learn and be mentored as members of the Salesforce team in India.

The Salesforce India Return to Work programme will launch a new cohort in July, reaching close to 50 women with roles in customer success, sales, and marketing.

The roles include technology, sales, and marketing or customer success across Hyderabad, Bengaluru, Mumbai, and Delhi. Salesforce will support these qualified candidates to transition back into the workforce with both classroom and on-the-job training.

Since it was piloted in February 2022, the programme has supported 70+ women to date. To date, 75% of participants have landed full-time jobs.

Salesforce India CEO Arundhati Bhattacharya said, “At Salesforce, we are committed to equality. Gender balance and inclusivity is essential for innovation, customer success and employee satisfaction. This programme is designed to give women a unique opportunity to build a successful career in spite of the challenges faced by us, thereby creating role models for others to follow.”

Religare Enterprises partners with NASSCOM’s IoT and AI centre

Religare Enterprises Limited (REL), a diversified financial services group, and NASSCOM’s Centre for Excellence (CoE) for IoT and AI, have entered a strategic partnership to strengthen the former business processes and solution landscape, with the aim to make it future-ready through the infusion of cutting-edge technology and innovation.

The collaboration will harness the collective strengths of both organisations to enhance customer experience and drive operational efficiencies and data security while creating long-term value within the sector.

The expertise of CoE in co-creation and network of startups and SMEs specialising in emerging technologies such as AI, ML, AR/VR, robotics, blockchain, drones, and IoT will present Religare Group access to relevant innovators and their technology. The Group will continue to explore potential business collaborations tailored to the company’s specific needs and seize possible opportunities to benefit the enterprise and BFSI sector.

German tech company dSPACE to open R&D centre in Kerala

Germany-based dSPACE, a simulation and validation solutions technology company, has announced plans to open a product development and R&D centre at Kinfra Park in Thiruvananthapuram, Kerala.

The centre in Kerala is the third such facility for dSPACE, with the other two centres located in Germany and Croatia. The company plans to hire 70 engineers in the initial phase and plans to take this number to 300 in 2-3 years time frame. It has over 2,400 employees worldwide.

The company offers varied services like Software-in-the-Loop (SIL) testing, sensor data management, simulation modelling, data annotation, data-driven development, rapid prototyping, Hardware-in-the-Loop (HIL) testing, model-based development, production software development, and artificial intelligence.

Birlasoft reports 14% rise in net profit

Birlasoft, the Pune-based IT services company, has reported a net profit of Rs 137.5 crore for the first quarter of FY24, recording a year-on-year (YoY) growth of 14%. It recorded a revenue of Rs 1,262.8 crore during the period, which was a YoY growth of 9.3%.

Birlasoft CEO Angan Guha said, “We have delivered a robust operating performance during the quarter on both the revenue and margin fronts. I am pleased to note that our quarterly revenue has crossed the $150 million mark for the first time, increasing 3.1% sequentially to $153.6 million during Q1 FY24.”

The revenue and earnings during Q1 FY24 reflect the receipt of $2 million for disengagement services ending on May 31, 2023, in line with the settlement and mutual release agreement that the company's wholly-owned subsidiary Birlasoft Solutions Inc (BSI) had entered into with Invacare Corp (Invacare) during Q1 FY24.

The growth for the first quarter was driven by BFSI and manufacturing among verticals, and by both emerging tech and enterprise solutions including Infrastructure and ERP, among service lines.

Beetel Teletech forms distribution partnership with TATA TRYNOX

Beetel Teletech, a hardware company, has announced a strategic distribution partnership with Tata Trynox, a brand of Tata Steel Downstream Products Limited focused on manufacturing and marketing IT Network and Server Racks, Smart Racks, IPDU, and allied products.

The deal involves the distribution of Tata Trynox Edge Micro Data Centres Rack to Beetel’s end customers through a channel partner ecosystem. Through this alliance, both organisations wish to address the growing demand for value-added/customised products.

Beetel manufactures and distributes a huge range of products like mobile devices, mobile accessories, and IT peripherals. It offers its services through 10,000 retailers and 500 distributors in India and has partnerships with companies such as Avaya, Poly, Samsung, Huawei, QSC, RADWIN, Ruckus, RAD, and Acetelis. Tata Trynox addresses two business verticals, namely IT rack solutions and physical security solutions (safes and Lockers).

Aurionpro Solutions posts 33% rise in net profit for Q1

Technology company Aurionpro Solutions has reported a net profit of Rs 32 crore for the first quarter of FY24, recording a year-on-year (YoY) growth of 33% with a profit margin of 16%. The revenue for the first quarter stood at Rs 199 crore—growth of 36% YoY. The EBITDA during the quarter came in at Rs 44 crore, which was a 33% YoY growth.

Aurionpro Solutions Vice-Chairman Ashish Rai said, “I strongly believe that we are still in the very early stages of tapping into a large global addressable market for each of our strategic bets and we will remain sharply focused on executing with energy and discipline to continue to deliver strong revenue and profit growth in FY24 and beyond.”