News Desk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.

HCL expands strategic partnership with Google Cloud

HCL Technologies (HCL), a global technology company, has expanded its strategic partnership with Google Cloud to jointly launch healthcare and life sciences solutions for customers. This partnership will deliver the best of HCL and Google Cloud’s deep health care and life sciences domain capabilities and investments through co-innovation and address the shifts in the industry,…

Rane (Madras) acquires steering components business of Hical Group

Rane (Madras) Limited, a manufacturer of steering and suspension products and light metal casting components announced that the Board of Directors of the company has approved the acquisition of the Steering Components Business (SCB) of Yagachi Technologies Private Limited (YTPL), a part of Hical Group. SCB manufactures steering and suspension components such as Inner Ball…

Nikhil Deshpande appointed Company Secretary at Krsnaa Diagnostics

Krsnaa Diagnostics announced the appointment of Nikhil Deshpande as Company Secretary and Compliance Officer, effective October 12, 2021. He replaces Manisha Chitgopekar, who resigned from the role with effect from October 11, 2021. According to the company’s exchange filing, “The resignation of CS Manisha Chitgopekar from the post of Company Secretary andCompliance Officer of the…

Suresh Bose takes charge as CHRO of Jindal Stainless

Jindal Stainless announced the appointment of Suresh Bose as its Chief Human Resources Officer. As the leader of HR functions, Bose will be responsible for driving people strategy, workplace culture, talent management and future growth. Determined to strengthen its position as a preferred employer, the Company’s decision to hire Bose comes at a time when…

Anahita Tiwari appointed Head – India global centers at Morgan Stanley

Morgan Stanley has appointed Anahita Tiwari as Head of India Global Centers. She succeeds John McGrory, who will now head firm’s Global Center in Baltimore and will also functionally lead the Institutional Securities Group (ISG) Product Operations team in Baltimore. In her new role, Anahita will be responsible for the implementation of the Firm’s global growth and deployment strategy in India. Most…

KKR appoints Joe Bae and Scott Nuttall as co-CEOs

KKR & Co. Inc. (KKR), a global investment firm, announced that Joe Bae and Scott Nuttall have been appointed Co-Chief Executive Officers, and Co-Founders Henry Kravis and George Roberts will remain actively involved as Executive Co-Chairmen of KKR’s Board of Directors. The leadership transition is effective immediately. “Whether reflecting on the business, our mission or the team that undertakes it, we are proud of…

Biotech startup Sequential Skin raises $1.65 mn seed round led by Metaplanet

Sequential Skin Ltd, a UK/Singapore biotech start-up, has raised US $1.65M in its oversubscribed seed round led by Metaplanet, and supported by Scrum Ventures, SOSV, Genedant, and angel investor, Ben Holmes (ex. General Partner at Index Ventures). This latest investment brings the total venture funding raised by Sequential Skin to US $2.15M in 2021. The investment will be used to extend their…

Welspun Corp joins global H2Pipe Joint Industry Project on Hydrogen Pipelines

Welspun Corp Ltd. (WCL), a welded line pipe manufacturing company, announced it has joined a global H2Pipe Joint Industry Project (JIP) on the Design and Operation of Hydrogen Pipelines launched by leading industrial certification body DNV AS Energy Systems Pipeline Technology. Welspun Corp will help develop a recommended practice (RP) for design, re-qualification, construction and…

India’s top 10 richest people of 2021

Forbes announced its Top 100 richest people in India for the year 2021 in terms of individual net worth. As the world’s sixth largest economy reeled under huge losses because of the second wave of the pandemic, the combined wealth of the richest Indians rose to a whopping $ 775 billion which is $252 billion…

EQT Private Equity to sell Adamo to Ardian

EQT announced that the EQT Mid Market Europe fund (EQT Private Equity) has agreed to sell Adamo Telecom (Adamo) to Ardian Infrastructure (Ardian). Headquartered in Barcelona, Spain, Adamo is currently the fastest growing and leading open access rural fiber-to-the-home (FTTH) platform in Spain. With a unique nationwide footprint, the Company provides fixed broadband and mobile…

Edtech company Jaro Education announces growth plans

Edtech company Jaro Education announced its robust growth plans to strengthen its position in the booming Ed Tech industry in India. The company plans to drive its growth by offering additional unique programs especially in the tech-focused segment, and strengthening its partnerships with leading universities in India and globally, a statement added, In the last…

Qualcomm ropes in Ann Chaplin as General Counsel & Corporate Secretary

Qualcomm Incorporated announced that Ann Chaplin has been appointed general counsel & corporate secretary, reporting directly to Cristiano Amon, president and chief executive officer of Qualcomm Incorporated, effective November 1. Don Rosenberg, general counsel and corporate secretary since 2007, will serve as Special Advisor for Policy, Regulation and Strategic Initiatives until his retirement at the…

Reliance New Energy Solar to acquire 40% stake in Sterling & Wilson Solar

Reliance New Energy Solar Limited, a wholly owned subsidiary of Reliance Industries Limited, announced it has agreed to acquire 40 per cent stake in Sterling & Wilson Solar Limited. According to the company’s exchange filing, “Reliance New Energy Solar Limited (RNESL), a wholly-owned subsidiary of the Company, today executed definitive agreements with Shapoorji Pallonji and…