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Ogilvy announced that Julianna Richter has been appointed Global Chief Executive Officer of Public Relations & Influence. She will assume the role in January 2021. In this new role, Julianna will oversee all aspects of Ogilvy’s global PR business which spans Reputation Management, Brand Influence, C-Suite & Advocacy, Media Influence, and Employee Experience and will be…
Nucleus Software, a leading provider of lending and transaction banking solutions to the global financial services industry, has announced the appointment of Anurag Mantri as its new Chief Financial Officer. “We wish to inform that the Board of Directors vide resolution passed at the Board meeting held on December 11, 2020, have appointed Mr. Anurag…
Global pharmaceutical company, Viatris, has announced additional details of its previously disclosed multi-year global restructuring initiative. The restructuring initiative is part of the company’s previously announced roadmap to maximize long-term value creation and is intended to ensure the new company is optimally structured to sustainably achieve its bold mission while also delivering on its financial…
Zurich Insurance Group subsidiary Farmers Group, Inc. has agreed to acquire MetLife’s property and casualty (P&C) business in the U.S. together with the Farmers Exchanges for USD 3.94 billion. Zurich will contribute USD 2.43 billion through FGI and the Farmers Exchanges’ USD 1.51 billion. The transaction gives the Farmers Exchanges a truly nationwide presence and…
GroupM, WPP’s media investment group, announced that Adam Gerhart has been named Mindshare Global CEO, effective January 2021. Gerhart, who will serve on GroupM’s Global Leadership Team (GLT), also maintains his Mindshare U.S. CEO role until a successor is named, the company said in a statement. As Global CEO, Gerhart’s remit includes the strategy and…
Hyundai Motor Group announced it will acquire a controlling interest in Boston Dynamics in a deal that values the mobile robot firm at $1.1 billion. The deal came as Hyundai Motor Group envisions the transformation of human life by combining world-leading robotics technologies with its mobility expertise. Financial terms were not disclosed. Under the agreement,…
Mahindra & Mahindra has announced the acquisition of a stake in Sampo Rosenlew Oy, a manufacturer of combine harvesters and forest machinery with market presence in Europe, CIS and Algeria. Post-acquisition, Mahindra stake in the company will increase from 74.97% to upto 79.13%, the filing said. With this acquisition, Mahindra’s scale in tractors and Sampo’s…
PharmEasy, a Mumbai-based healthtech startup, has appointed Gaurav Verma as new Chief Marketing Officer. Most recently, Verma served as the CMO of Zomato. Prior to that, Verma served as Managing Director at PepsiCo. Prior to that, he was a senior brand manager at Tata Tea. Verma also had a stint with Lenovo and ITC. Verma…
ShareChat, a social networking and regional content platform, has appointed Ajit Varghese as Chief Commercial Officer. Varghese will report to Farid Ahsan, COO and co-founder at ShareChat. In this new role, Varghese will be pivotal in expanding and strengthening the platform’s revenue efforts, and building a robust monetisation approach with strategic content partnership, a statement…
Sudhir Shukla has been elevated as Head of Marketing for Star Sports at the Walt Disney Company-owned Star India. In his new role, Sudhir will manage the marketing operations for the entire sports portfolio at Star Sports. Shukla joined Star India in 2016 as vice president and head – marketing and brand strategy and was…
Mihup Communications, a Kolkata-based conversational AI platform, has raised $1.5 million in an ongoing Series A round. The round was led by Accel Partners, Ideaspring Capital, venture capitalists Rajesh Jain (Founder of Netcore), and Jayant Kadambi (Founder and CEO YuMe Networks). Earlier in 2019, Mihup raised $1.7 million in the similar round. The firm will…
5C Network, a radiology platform making Radiodiagnosis more accessible, affordable and accurate, has raised $1.2 million in its pre-Series A funding round from existing investors Unitus Ventures and Axilor Ventures. The company will use the fresh capital to boost its products and services that help doctors and patients make better decisions, Kalyan Sivasailam, CEO at…
Joby Aviation, a transportation company developing an all-electric, vertical take-off and landing passenger aircraft, has announced that Uber Technologies, Inc has agreed to invest a further $75 million in Joby as part of a broader transaction involving the acquisition of Uber Elevate by Joby and an expanded partnership between the two parent companies. This investment…
AppViewX, the pioneer and leader in simplifying PKI management and F5 automation, has announced the appointments of Anjali Jamdar as Chief People Officer and Ravishankar Chamarajnagar as Senior Vice President of Product Management. In their new roles, Ravi and Anjali will be responsible for driving alignment across different functions to be better attuned to market…
UBS announced it has opened its fifth office in India. Located in Hyderabad, the new facility will provide UBS businesses with additional capabilities in finance, operations and research. UBS currently operates from offices in Pune (Yerwada and Kharadi), Navi Mumbai (Airoli) and in the Bandra Kurla Complex in Mumbai. “UBS is in India for the…