Accenture has appointed industry leader Karalee Close to lead Accenture’s Talent & Organization practice and join the company’s Global Management Committee, effective immediately. In this global role, Close will lead and expand Accenture’s Talent & Organization practice, which helps companies and their leaders fuel sustainable growth by connecting people and technology to unlock human ingenuity; finding ways to…
Alsym Energy, a developer of next-generation non-flammable rechargeable batteries for stationary storage, marine and mobility applications, announced a $78 million funding round jointly led by Tata Limited (a wholly-owned subsidiary of Tata Sons) and General Catalyst, a global venture capital firm. New York-based Thrive Capital and Toronto-based Thomvest also joined in the round, as well as existing investor Drads Capital. Alsym will use…
Bharat Forge Limited, a homegrown auto components giant, announced the re-appointment of Amit Kalyani as Vice Chairman and Joint Managing Director of the company, with effect from May 11, 2024. According to the company’s exchange filing, “This is to inform you that upon the recommendations of the Nomination & Remuneration Committee, the Board of Directors…
Lubrizol announced that Nitin Mengi will join the company as Vice President, Lubrizol Additives, IMEA as well as Chairman & Managing Director, Lubrizol India Private Limited. This appointment reinforces the organization’s commitment to strengthen its focus on growth in India while ensuring success with our customers, suppliers and other key stakeholders, a statement said. In this…
Allcargo Group, an Indian-born global logistics conglomerate, has appointed logistics and supply chain industry veteran Ketan Kulkarni as Chief Growth Officer. In this crucial role, Ketan will be closely working with the Chairman’s office to strengthen the overall growth and operational efficiency at Allcargo Group. He will lead the process of stakeholder value creation across…
NetSetGo Media, a mobile advertising and digital media solutions provider, announced the appointment of Abhishek Tiwary as its Business Head. Led by empowering leadership and a clear vision of business branching and expansion, both locally and internationally, Abhishek has the strategic skills and the experience from past leadership to play a tremendous role at NetSetGo…
TerraPay, a global money movement company, proudly announces the appointment of Marco Boldini as Executive Vice President and Global Head of Policy, Regulatory, and Governmental Affairs. This strategic addition to TerraPay’s senior leadership team underscores TerraPay’s commitment to simplifying complex regulatory landscapes, and fostering sustainable growth across international markets, a statement said. Marco brings over two decades…
Accenture has agreed to acquire Intellera Consulting, an Italian consultancy firm operating in the public administration and healthcare sectors. The acquisition aligns with Accenture’s ongoing focus on helping Italian public service organizations enhance and transform their citizen services. Founded in 2021, with main offices in Rome and Milan, Intellera Consulting is one of Italy’s main…
SunFireMatrix, Inc. (SunFire), a leading software and tech-enabled services platform serving the insurance distribution and health plan markets, announced that it has been acquired by funds managed by KKR, a leading global investment firm. Funds managed by Stone Point Capital LLC, the Company’s previous majority owner, will continue to be a significant minority shareholder in the Company.…
SLB and ChampionX Corporation announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction. The agreement was unanimously approved by the ChampionX board of directors. Under the terms of the agreement, ChampionX shareholders will receive 0.735 shares of SLB common stock in exchange for each ChampionX share. At the closing of the…
EQT Private Equity announced that the EQT X fund (EQT) has agreed to acquire Avetta from Welsh, Carson, Anderson & Stowe (“WCAS”). Avetta is a global leader in supply chain risk management software. For more than two decades, Avetta’s innovative SaaS platform has enabled clients to manage supply chain risks across health, safety, and sustainability,…
Socomec, a global specialist in Low Voltage (LV) power management, announced the appointment of Nida Khanam, as the Head of Human Resources for the Greater India region (India, Sri Lanka, Bangladesh, Maldives, Bhutan & Nepal), according to ETHRWorld report. At Socomec India, Khanam will be responsible for driving HR functions across commercial and plant operations,…
Hair care products maker Traya has raised Rs 75 crore in funding from Mumbai-based private equity fund Xponentia Capital, according to ETtech report. The firm offers a range of products targeting issues like hair loss. Previous to this, Traya has raised about $3 million from the likes of Fireside Ventures, Stride Ventures, Kae Capital and…
MidOcean Energy (MidOcean), a global liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, announced a strategic investment by Mitsubishi Corporation (Mitsubishi Corp). Mitsubishi Corp’s investment will accelerate MidOcean’s strategy to create a high quality, diversified, global ‘pure play’ integrated LNG company, a…
Eureka Forbes Limited, India’s leading health and hygiene brand, announced the appointment of Vikas Jayna as its Chief Technology Officer. With a wealth of experience , Vikas’s appointment fortifies Eureka Forbes’ commitment to technological innovation, shaping the company’s trajectory towards a dynamic future, as per the company’s statement. Prior to joining Eureka Forbes, Vikas’s professional…