One97 Communications Limited (OCL), the company that owns the popular brand Paytm in India, announced that Amit Khera has resigned from the role of Company Secretary and Compliance Officer of the company, with effect from March 14, 2023. According to the company’s exchange filing, “we wish to inform you that Mr. Amit Khera [ICSI Membership No.: A10827],…
Mastek, a digital engineering & cloud transformation partner, announced the appointment of Vijay Iyer as President of Americas, effective February 24, 2023. He is based and will operate out of the US. Prior to joining Mastek, Vijay was an executive at Persistent Systems working as Senior Vice President of their Digital Transformation Consulting and Large…
EV cab service provider Evera has closed its pre Series A funding round at $7 million (around Rs 57 crore), according to VCCircle report. The funding’s first tranche saw participation from IEG Investment Banking Group, while Direct Capital and Westova Global invested in the second round. Founded in 2019 by Nimish Trivedi, Rajeev Tiwari and…
Store My Goods, a technologically backed storage solution start-up that pitched on Shark Tank, has announced a $1 million funding round from JITO Angel Network Promoted by JITO Incubation and Innovation Foundation and a group of marquee investors, including Good Water Capital – US Consumer Tech Fund, Gajendra Jangid (Co-Founder, Cars24), Ruchit Agarwal (Co-Founder, Cars24),…
Boeing announced that Greg Hyslop, the company’s chief engineer and executive vice president of Engineering, Test & Technology, will retire this June after a 41-year career that spanned Boeing’s aerospace and defense portfolio. Hyslop, who has been on Boeing’s Executive Council since 2016 and assumed the top engineering position in 2019, has worked to strengthen Boeing’s…
Signify, the world leader in lighting, announced the acquisition of Intelligent Lighting Controls, Inc. (ILC), a market-leading U.S. manufacturer of wired control systems, expanding its connected portfolio. Intelligent Lighting Controls’ sales are primarily focused on energy-saving control systems in applications such as healthcare, education, offices, and sporting venues. ILC, which was founded in 1990, will continue…
Axis Bank, one of India’s largest private sector banks, has completed the acquisition of Citibank’s consumer business in an accelerated time frame of within 7 months post receipt of CCI approval. The deal has been closed with Axis Bank paying a total purchase consideration (after customary & contractual adjustments) of INR 11,603 Cr* to Citibank…
Rockwell Automation, Inc., the world’s largest company dedicated to industrial automation and digital transformation, announced that it acquired Knowledge Lens. Based in Bengaluru, India, Knowledge Lens is a services and solutions provider that delivers actionable business insights from enterprise data, combining digital technologies with deep data science, artificial intelligence (AI), and engineering expertise. Knowledge Lens…
In its endeavour of driving change and making a positive impact in the local communities, McDonald’s India – North and East is planning to hire 50% of its workforce by 2025 i.e 1500 people through non-government organizations. For this, McDonald’s India – North and East has launched the community campaign ‘McDonald’s For Youth’ – that…
Conrad Pune, the flagship luxury hotel for Hilton Worldwide, announced the appointment of Abhishek Sahai as its new General Manager. Sahai brings with him over two decades of experience in luxury, leisure, and business hotels, making him the perfect fit for the role, a statement said. A luminary alumnus of IIM-Lucknow and the Oberoi Centre…
Sukoon Healthcare, India’s leading inpatient and outpatient psychiatric facility, has inducted Dr Nachiket Mor as an Independent Director on its board. Dr Nachiket Mor is a leader in health systems design & policy and recently supported the Govt of Meghalaya as part of its Mental Health Policy Drafting Sub-committee. He is also currently a Commissioner on the Lancet Citizen’s Commission on Reimagining India’s Health System. He was previously the India Country Director for Bill & Melinda Gates…
Kotak Mahindra Bank Ltd. announced the joining of Rohit Bhasin as President and Chief Marketing Officer to lead the Bank’s Marketing, Corporate Communication & Media initiatives. A veteran from Unilever, Rohit brings over two decades of experience in building iconic consumer brands in India and several Asian markets, a statement said. Rohit is considered a…
GuardianLink, the 360° digital collectible ecosystem enabler, announced the addition of Kirthiga Reddy to the team of advisors. This comes in at a crucial juncture when GuardianLink’s flagship platform Jump.trade is set to introduce its racing metaverse game RADDX Racing Metaverse. Kirthiga Reddy, with an MBA from Stanford University and an MS in Computer Engineering from…
Global pharma major Lupin Limited (Lupin) announced the launch of its new Regional Reference Laboratory in Hyderabad, Telangana. This expansion of Lupin Diagnostics’ network is part of the company’s strategy to build and strengthen its presence in South India. This regional reference laboratory adds to Lupin Diagnostics’ existing network of 380+ LupiMitra collection centers and…
The leadership pipeline for women has hollowed out in the middle, according to a new global study “Women in leadership: Why perception outpaces the pipeline—and what to do about it” from the IBM Institute for Business Value (IBV) and Chief. The study of 2,500 organizations in 12 countries and 10 industries found a small increase in…