IKEA has been handed around 50,000 sq metres land for facility in Noida. The company, according to Ritu Maheshwari – Noida Authority CEO, will invest Rs 5,000 crore in the city in the coming seven years, and, as a result, will create jobs for 2,000 persons. Maheshwari said in a tweet, “In dignified presence of CM…
Bharti Airtel, a digital communications Company, has said that it will acquire a Warburg Pincus affiliate’s 20% equity stake in its DTH arm Bharti Telemedia for a total consideration of ~ INR 31,260 million which will be discharged primarily via issuance of ~36.47 million equity shares of Airtel at a price of INR 600 per…
Palo Alto Networks, a cybersecurity provider, has announced the appointment of Dr. Helene D. Gayle to the company’s board of directors and the nominating and corporate governance committee of the board. “We are fortunate to have Dr. Gayle join the Palo Alto Networks’ board,” said Nikesh Arora, chairman and CEO of Palo Alto Networks. “I had the opportunity…
Samsung Display Chief Executive Officer Joo Sun Choi has announced that the company will further boost its environmental, social and governance (ESG) involvement from 2021. Samsung Display joined RBA membership to take the initiative among local display producers in driving ESG-centered management strategy in accordance with global trends. “As a global leader in display industry,…
S3 AeroDefense LLC has recently been selected as Honeywell Aerospace’s sole distributor of parts for Power Generation products on C-130, UH-60, S-92, S-70 and AH-64 aircraft, as well as M60 and M1 Abrams land vehicles. This agreement, which is in effect through 2030, includes exclusive distribution of Generator assemblies and detail parts worldwide. The agreement also establishes…
OneWeb, the Low Earth Orbit (LEO) satellite network owned by UK Government, Bharti Global and other strategic investors, has announced the appointment of Srikanth Balachandran as Chief Financial Officer (CFO). Srikanth joins from Bharti Global, where he was CFO since Oct 2018 and prior to that, was CFO of Bharti Airtel for seven years. Under…
Electric Capital, Nascent Ventures, Bering Waters and several other private investors have invested $1.25m in FLEX coin in anticipation of the launch of CoinFLEX’s Notes.finance DEX. This news comes after CoinFLEX’s repo market (the only tradable borrow/lend market) hit $2 billion in volume and paid out $200K in interest to flexUSD holders. This private round comes after CoinFLEX raised 11M from Polychain Capital,…
Redfin has entered into an agreement to acquire RentPath, the Atlanta-based owner of ApartmentGuide.com, Rent.com, and Rentals.com, for $608 million in cash. The acquisition will bring together a site for buying a home with a site for renting a home, giving anyone trying to move a complete view of her options. “RentPath has more than 20,000 apartment buildings…
Speaking at the 29th edition of the IT trade foyer group – Nasscom’s annual Technology & Leadership Forum, Julie Sweet – Accenture Plc’s Chief Executive Officer said that companies everywhere will become sustainable in future highlighting the significance of zero waste emissions. She noted, “Back in 2013, we said every business will be a digital…
Fiverr International Ltd., has announced that Micha Kaufman, Chief Executive Officer, and Ofer Katz, Chief Financial Officer, will present at the JMP Securities Technology Conference on Tuesday, March 2, 2021 at 10:00 a.m. Eastern Time. “A live webcast of the presentation will be accessible from the Events & Presentations section of Fiverr’s investor relations website, https://investors.fiverr.com.…
Tech Mahindra, a provider of digital transformation, consulting and business reengineering services and solutions has announced a strategic partnership with Telefónica Germany / O2, a telecommunications provider from Germany, to drive their end to end IT transformation. Through this digital transformation, Tech Mahindra will support Telefónica Germany / O2 to deliver faster product launches and…
The Wanderlust Group (TWG), a technology company in the marine and outdoor lifestyle industries, has hired Meghan Keaney Anderson as Chief Marketing Officer. Previously, Keaney Anderson was Vice President of Marketing at HubSpot, a role she held for nearly a decade. The Wanderlust Group is a two-sided marketplace connecting marina and campground owners to boat…
Abound, the leading curated wholesale marketplace connecting small business owners and independent brands, has announced the close of a $22.9M Series A financing round led by Left Lane Capital with additional support from RiverPark Ventures, All Iron Ventures, and Red Antler, the branding company behind consumer products like Allbirds, Casper, and Prose, to name a…
Endo has announced that its Board of Directors has appointed Jennifer M. Chao to serve as a director, effective immediately. Ms. Chao has also been appointed to Endo’s Audit Committee and its Compliance Committee and becomes the eighth independent director on Endo’s expanded ten member Board. Ms. Chao will stand for election by Endo’s shareholders…
Weyerhaeuser Company has announced the appointment of Nancy S. Loewe as senior vice president and chief financial officer, effective March 8, 2021. Loewe joins Weyerhaeuser from Visa, where she served as senior vice president of finance, and she brings more than 20 years of financial and operating experience across multiple industries. Her appointment follows the…