The ITB Berlin, the world’s largest tourism trade fair, hosted a panel on ‘Gender Equality: Tourism as a door opener for female empowerment and the role of gender equality in addressing the climate crisis’ in Berlin, Germany. The panel was led by Dagmo Ahmed Jama, Director Integrated Marketing for Oman Airports Management Company and was joined…
Ruder Finn, a global communications agency, announced the expansion of Atul Sharma’s role as CEO of Ruder Finn India, which comprises Ruder Finn India and RF Thunder India. After leading Ruder Finn’s growth in India for the last four years, Sharma is now also being appointed the role of Head of Middle East as part of the company’s planned footprint expansion. Sharma will bring…
Axis Mutual Fund announced it has appointed B Gopkumar as Managing Director (MD) and Chief Executive Officer (CEO) after Chandresh Nigam decided not to continue as MD & CEO, according to PTI report. Gopkumar is currently the MD & CEO of Axis Securities. Nigam had joined Axis AMC in July 2009 as head of equities…
SolarWinds, a provider of simple, powerful, secure observability and IT management software, announced the launch of its first IT service management (ITSM) data center in Australia for SolarWinds Service Desk customers. The Sydney-based data center will help improve performance and speed while allowing SolarWinds customers to demonstrate compliance with data sovereignty requirements, a statement said. The new ITSM…
Sundaram-Clayton Limited, a TVS Group company, announced the appointment of C R Dua as an Additional Director and Non-Executive Independent Director on the company’s Board, with effect from March 13, 2023. According to the company’s exchange filing, “We wish to inform that, the Board of Directors at their meeting held today, approved, the appointment of…
Tube Investments of India Limited announced that it has recently entered into clean mobility, electronics and alternate fuels. “In line with our strategy, the Company has identified contract development and manufacturing organization (CDMO) and active pharmaceutical ingredients (API) as its new line of businesses with the potential to grow and expand,” according to the statement.…
Direct-to-consumer Ayurveda brand The Ayurveda Co has raised Rs 100 crore in Series A funding round for expanding offline presence, improving product manufacturing, expanding research and development and accelerating digital awareness around the company, according to ET Bureau report. The funding round was led by venture capital fund Sixth Sense Ventures. The round also saw…
Royal Philips, a global leader in health technology, announced the appointment of Julia Strandberg as the Chief Business Leader of its Connected Care businesses, effective April 24, 2023. Strandberg will become a member of Philips’ Executive Committee reporting to Philips CEO Roy Jakobs. As of April 1, 2023, Philips’ Connected Care businesses will comprise the…
Deloitte has appointed Dipti Gulati as chair and CEO of Deloitte & Touche LLP, leading the U.S. Deloitte Audit & Assurance practice and Carin Giuliante as chair and CEO of Deloitte Tax LLP leading the U.S. Tax practice, in each case effective June 4, 2023. “As strategic leaders, Dipti and Carin have proven track records of serving our clients with…
SAP SE announced it has agreed to sell all of its 423 million shares of Qualtrics International Inc. as part of the acquisition of Qualtrics by funds affiliated with Silver Lake (collectively, “Silver Lake”) as well as Canada Pension Plan Investment Board (CPP Investments). At a purchase price of US$18.15 in cash per share, the transaction corresponds to a…
The Board of Tech Mahindra, a provider of digital transformation, consulting and business re-engineering services and solutions, announced Mohit Joshi as the MD & CEO designate of Tech Mahindra. Mohit will take over as MD & CEO when CP Gurnani retires on 19th December 2023. He will join Tech Mahindra well before that date to allow for sufficient…
Tata Consultancy Services (TCS) has been named to the Forbes annual list of America’s Best Large Employers. This recognition is based on an independent survey of 45,000 employees working for American companies with more than 1,000 employees, a statement said. TCS is one of the largest recruiters in the U.S. in the IT services industry, and…
QuantoAgro has announced raising funds through angel/HNI round co-led by SANangels Network with participation from HNIs from UAE and the USA and opened the round for institutional investors. ReHive.Org was the advisor to this round. With circular economy initiatives that generate additional revenue streams and reduce operating costs, QuantoAgro aims to create a sustainable and economically resilient…
IndusInd Bank Limited announced the re-appointment of Sumant Kathpalia as Managing Director and Chief Executive Officer of the bank, with effect from March 24, 2023. According to the company’s exchange filing, “This is with reference to our letter dated March 10, 2023 with respect to re-appointment of Mr. Sumant Kathpalia (DIN: 01054434) as Managing Director…
AGS Transact Technologies Limited, a payment solutions provider, announced the appointment of Sivanandhan Dhanushkodi as an Additional Director, Non-Executive, Independent Director of the company, with effect from March 11, 2023. According to the company’s exchange filing, “we hereby inform that the Board of Directors of the Company at its meeting held on March 11, 2023…