Category: News

PDS appoints Rahul Ahuja as Group CFO

PDS Limited (PDS), the global fashion infrastructure company announced the appointment of Rahul Ahuja as the Group CFO of PDS Ltd. Rahul Ahuja joined PDS Group as COO & CFO of New Businesses in India and was responsible for spearheading strategic initiatives. He has now taken on the role of Group CFO and will report…

United Spirits appoints Pradeep Jain and Mamta Sundara to its Board

Diageo-controlled liquor maker United Spirits Limited announced the appointment of Pradeep Jain and Mamta Sundara to the company’s Board of Directors, with effect from February 1, 2023. Pradeep Jain is the Chief Financial Officer at United Spirits Limited. He is also a member of Diageo’s Global Finance Leadership and Diageo India’s Executive Committee. His responsibilities…

NDTV appoints Viral Jagdish Doshi to its Board

New Delhi Television Limited (NDTV) announced it has appointed Viral Jagdish Doshi as an Additional Director on the company’s Board of Directors, with effect from January 24, 2023. According to the company’s exchange filing, “The Board of Directors of the Company have approved the appointment of Mr. Viral Jagdish Doshi (DIN: 00583487) as an Additional…

TVS Motor Company appoints B Sriram to its Board

TVS Motor Company Limited announced the appointment of B Sriram as an Additional Director and Non-Executive Independent Director on the company’s Board, with effect from January 24, 2023. According to the company’s exchange filing, “We wish to inform that, the Board of Directors at their meeting held today, inter alia, approved the appointment of Mr…

Snowman Logistics appoints N Balakrishna as CFO

Cold chain company Snowman Logistics Limited has appointed N Balakrishna as Chief Financial Officer of the company, with effect from January 24, 2023. According to the company’s exchange filing, “we wish to inform you that the Board of Directors, at their meeting held today, i.e. January 24, 2023 have inter-alia considered and approved that Mr.…

Investcorp Private Credit appoints Suhail Shaikh as Co-Head of Investcorp’s Private Credit business

Investcorp, a global alternative investment firm, announced the appointment of Suhail Shaikh as Co-Head of Investcorp’s Private Credit business. Based in New York, Shaikh will co-lead the private credit business alongside current Co-Head, Mike Mauer. Shaikh brings with him approximately $200 million of assets under management and three team members from his previous firm Alcentra, expanding the private credit team to…

EaseMyTrip acquires majority stake in cheQin

EaseMyTrip.com, an online travel tech platform, announced that it has acquired a 55% majority stake in cheQin through the primary route. cheQin is a unique real-time marketplace which allows travellers bargain with hoteliers without any effort. The unique bargaining algorithm of cheQin brings in top 5 lowest offers by the hoteliers. The company encourages the…

Sun Pharma intends to acquire Concert Pharmaceuticals

Sun Pharmaceutical Industries Limited (together with its subsidiaries and/or its associated companies, Sun Pharma) and Concert Pharmaceuticals, Inc. (Concert) announced that they have entered into a definitive agreement pursuant to which Sun Pharma will acquire all of the outstanding shares of Concert by way of a tender offer for an initial cash payment of 8.00…

Accenture announces investment in Cosmo Tech

Accenture has made a strategic investment in Cosmo Tech, a global provider of digital twin simulation and optimization technology. The agreement, through Accenture Ventures, took place during the first phase of the company´s Series C fundraising. Cosmo Tech’s 360˚ Simulation Digital Twin platform allows organizations to explore and test business changes in order to see the potential immediate…

Nykaa appoints P Ganesh as Chief Financial Officer

FSN E-Commerce Ventures Ltd, which runs the fashion and beauty platform Nykaa, announced the appointment of P Ganesh as its Chief Financial Officer, according to ETHRWorld report. His appointment will be effective on February 3, 2023, the company said in an exchange filing. Former CFO Arvind Agarwal quit Nykaa in November last year to join…

Capri Holdings appoints Cedric Wilmotte as CEO of Michael Kors

Capri Holdings Limited, a global fashion luxury group, announced that Cedric Wilmotte will be appointed Chief Executive Officer of the Michael Kors brand effective April 3, 2023. Wilmotte recently served as the interim Chief Executive Officer for Versace from January through September 2022 and is currently Versace’s Chief Operating Officer. Prior to his time at…

Zensar Technologies appoints Manish Tandon as MD & CEO

Software services and infrastructure provider, Zensar Technologies Limited, announced the appointment of Manish Tandon as Managing Director and Chief Executive Officer of the company, with effect from January 23, 2023. According to the company’s exchange filing, “Pursuant to recommendation of the Nomination and Remuneration Committee, the Board of Directors approved appointment of Mr. Manish Tandon…

TCS France Ranks #1 in Customer Satisfaction in Independent Survey

Tata Consultancy Services (TCS) has been ranked number one in customer satisfaction in France for the fourth consecutive year, in an independent survey of CxOs of the country’s top IT spending organizations. The Whitelane Research 2022 IT Sourcing Study, conducted in cooperation with Timspirit, surveyed 165 business leaders, covering 480 IT contracts. TCS received an…

Bengaluru-based Myelin Foundry raises $3 mn in funding

Deeptech startup Myelin Foundry has raised $3 million in an early stage funding round led by Visteon Corporation, a Detroit-based automotive supplier, according to ETtech report. Returning investors Endiya Partners, Beyond Next Ventures, and Pratithi Investment Trust also invested in the round. Pratithi Investment Trust is Infosys co-founder Kris Gopalakrishnan’s family office, a statement said.…