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India's Infosys forms global partnership with Celonis

INDIAN IT major Infosys on Monday (8) announced its global partnership with Celonis, a market leader in AI- enhanced process mining and process excellence software, to transform ERP modernisation and business process optimisation.

This partnership will enable customers to embark on long term transformation projects with significant operational savings, overcoming challenges typically associated with crowded technology landscapes, blends of legacy and homegrown systems, and operational silos that threaten digital transformation agendas, Infosys said in a statement.


Celonis is the leader in Enterprise Performance Acceleration software, harnessing the power of Process Mining technology to help organizations remove operational friction and become a Superfluid Enterprise. Companies around the world, including Siemens, L’Oréal, Uber, Citi, Airbus, and Vodafone, rely on Celonis technology to guide action and drive change, turning business processes into extraordinary experiences and resulting in huge savings.

Together, Infosys and Celonis will enable enterprise customers to meet their digital needs by helping them to scale the adoption of SAP S/4HANA and SaaS platforms. Infosys will drive business excellence and improve productivity through automation and building cutting-edge technology platforms by leveraging Celonis' unique capabilities, the statement added.

Infosys provides business consulting, information technology and outsourcing services across the globe.

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Veeraswamy acquisition

Veeraswamy has been based in Victory House off Piccadilly Circus since 1926 and has served high-profile guests

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Canada's Fairfax Financial acquires owner of UK's oldest Indian restaurant Veeraswamy

Highlights

  • MW Eat sold to Fairfax Financial Holdings for undisclosed sum.
  • Veeraswamy, opened in 1926, currently locked in court battle with Crown Estate.
  • Founders to continue working with new owners for seamless transition.
The owner of Britain's oldest Indian restaurant has been acquired by a Canadian private equity house as it seeks to expand internationally, amid an ongoing legal battle over the historic venue's future.

MW Eat, which operates the Michelin-starred Veeraswamy alongside restaurant chains including Chutney Mary, Amaya and Masala Zone, has been bought by Toronto-based Fairfax Financial Holdings for an undisclosed sum.

Veeraswamy has been based in Victory House off Piccadilly Circus since 1926 and has served high-profile guests including Charlie Chaplin and Mahatma Gandhi over the years. However, the restaurant faces potential closure as the Crown Estate wants to reclaim the building to extend the ground floor reception area serving offices on the upper floors.

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