Category: News

Wipro appoints Anne-Marie Rowland as CEO of Capco

Wipro, a leading technology services and consulting company, announced that Anne-Marie (Annie) Rowland has been appointed to the role of Capco’s Chief Executive Officer. Rowland is currently Managing Partner of Capco’s business in the United Kingdom and Ireland and a member of Capco’s Global Leadership Team. She will take on the CEO role effective April…

Bajaj Electricals appoints Saurabh Kumar to its Board

Bajaj Electricals Limited announced the appointment of Saurabh Kumar as Additional Independent Director on the company’s Board, with effect from March 20, 2024. According to the company’s exchange filing, “The Board of Directors of the Company, at its meeting held today, i.e., on 20 March 2024 (“Meeting”), based on the recommendations of the Nomination and…

Ericsson appoints Andres Vicente as Head of Market Area South East Asia, Oceania & India

Ericsson announced the appointment of Andres Vicente as its new Head of Market Area South East Asia, Oceania & India and Senior Vice President. Vicente who is currently Head of Ericsson’s Customer Unit Iberia within Market Area Europe & Latin America, will replace Nunzio Mirtillo whose retirement was announced in October 2023. Vicente will take up his new position on May 1,…

SKF appoints Mukund Vasudevan as President, Industrial Region ISEA

SKF announced the appointment of Mukund Vasudevan as President, Industrial Region India and Southeast Asia (ISEA). In his role, Mukund will be responsible for continuing SKF’s strategic transformation and profitable growth journey in the expansive ISEA region, a statement said. Mukund has extensive experience from multi-national commercial and industrial executive positions, including a proven track record in building high…

Yatra Online appoints Dr. Anup Wadhawan to its Board

Yatra Online Limited, India’s leading corporate travel services provider and one of India’s leading online travel companies, announced the appointment of Dr. Anup Wadhawan to its Board of Directors, with effect from April 1, 2024. According to the company’s exchange filing, “Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board…

IFS appoints Merlin Knott as President of IFS assyst

IFS, the global cloud enterprise software company, announced that it has appointed Merlin Knott as President of the IFS Enterprise Service Management business. The appointment signals the company’s commitment to customer success and growth through new routes-to-market, reflecting the opportunity and value enterprise service management presents, a statement said. Following a career leading high-growth enterprise software channel…

Accenture acquires Flo Group

Accenture has acquired Flo Group, a leading European consultancy and Oracle business partner specializing in global supply chain logistics. Financial terms of the transaction were not disclosed. This acquisition further enhances Accenture’s Oracle capabilities in Europe to help clients build more resilient and agile supply chains that provide end-to-end visibility, a statement said. Founded in 2007,…

Blitz raises additional $1.6 mn in oversubscribed seed extension funding round

Blitz Electric Mobility (Blitz), a trailblazer in the Asian Pacific electric vehicle (EV) logistics sector, announced the successful closure of its oversubscribed seed extension funding round across Q3 2023 and Q1 2024, securing USD 1.6 million from eminent investors including ADB Ventures, Iterative VC, FiveFortyAlpha, Third Derivative, BonBillo Fund, Bansea, and Satvik Investments, with ADB Ventures leading the round.…

Moove secures $100 mn in Series B funding round

Moove, the global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, announced that it has raised $100 million in a Series B funding round, valuing the company at $750m. Uber invested in the round alongside Mubadala, who led Moove’s previous funding round in 2023. The round will enable Moove to expand its…

Rane Engine Valve Ltd appoints Harish Lakshman as Chairman

Rane Engine Valve Limited, a leading manufacturer of Engine Valves, Guides, and Tappets, announced the appointment of Harish Lakshman as Chairman of the Board, with effect from April 1, 2024. He succeeds L Ganesh, who is retiring from the role of Chairman of the Board. According to the company’s exchange filing, “The Board of Directors…

EaseMyTrip announces partnership with Zoomcar

Zoomcar Holdings, Inc. (Zoomcar), the NASDAQ-listed leading marketplace for car sharing, and EaseMyTrip, one of India’s largest online travel platforms, today announced a strategic partnership to offer customers unparalleled convenience in their travel arrangements. With this partnership, Zoomcar’s wide range of self-drive cars have been seamlessly integrated into the EaseMyTrip platform, allowing users to book their preferred…

LTIMindtree appoints Chetana Patnaik as CHRO designate

IT services company LTIMindtree Limited announced the appointment of Chetana Patnaik as Chief Human Resource Officer (Designate), with effect from April 1, 2024. According to the company’s exchange filing, “we wish to inform that Mr. Manoj Shikarkhane, Chief Human Resource Officer (‘CHRO’) is moving to a new role within the Company and pursuant to the…

Marico Ltd appoints Akash Banerjee as EVP – Premium Personal Care, Media and Digital Transformation

FMCG major Marico Limited announced the appointment of Akash Banerjee as Executive Vice President – Premium Personal Care, Media and Digital Transformation, with effect from March 20, 2024. According to the company’s exchange filing, “Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby inform you…

Abbott India MD Vivek V Kamath resigns

Drug maker Abbott India Limited announced the resignation of Vivek V Kamath as Managing Director of the company, with effect from March 18, 2024. According to the company’s exchange filing, “We refer to our earlier communication dated December 19, 2023, wherein the Company had informed the Stock Exchange regarding resignation of Mr Vivek V Kamath…