Quest Global, an engineering services firms, announced its partnership with TomTom, the geolocation technology specialist. Quest Global will be a key integration partner to deliver software and applications for TomTom’s Digital Cockpit platform, a statement said. With the surge in the demand for software-defined vehicles, this strategic partnership will be a frontrunner for OEMs that…
Tata Technologies, a global product engineering and digital services company, announced that it has been recognized as a global leader in the Zinnov Zones for ER&D services ratings for the sixth consecutive year. The company has been showcased as the electrification partner of choice for global OEMs by being positioned as 1st among all India-based Global ER&D Electrification specialists and 2nd globally. It has also been positioned as 1st among all India-based…
IT major Birlasoft Limited announced that Chandrasekar Thyagarajan has resigned from the role of Chief Financial Officer of the company, with effect from February 2, 2023. According to the company’s exchange filing, “This is to inform you that Mr. Chandrasekar Thyagarajan – Chief Financial Officer and Key Managerial Personnel of the Company, has tendered his…
Granules India Limited, enters into a strategic partnership with Greenko ZeroC to collaborate for Green Molecule Solutions and its wider applications in pharmaceuticals to build a leadership position in sustainability and circular economy initiatives and be a pioneer in the industry. Granules & Greenko ZeroC will develop and promote State-of-the-art Integrated Green Pharmaceutical Zones (GPZ)…
Mahindra Holidays & Resorts India Limited announced the appointment of Rajat Kumar Jain as Non-Executive Director on the company’s Board of Directors, with effect from November 3, 2022. According to the company’s exchange filing, “We wish to inform you that the Shareholders of the Company vide special resolution passed through Postal Ballot have approved the…
US Capital announced that Prodi Bhattacharya, Ph.D., has joined the group as a Managing Director at US Capital’s regional headquarters in London, established in 2020. Dr. Bhattacharya brings over 23 years’ experience in banking, corporate finance, and asset management to US Capital. Before joining US Capital, he was Director of Corporate Finance at the IQEQ Group,…
D2C startup Gear Head Motors announced it has raised INR 6 crores as part of its seed funding round led by Hemin Shah, Director of Collabera USA, and Sudhakar Moparthy, Director of Skillbanc USA, according to ETAuto report. The fresh funds will be used to expand the startup’s operations across India with their commitment to…
Hyundai Motor India announced that Tarun Garg, Director (Sales, Marketing & Service) has been elevated to the role of Chief Operating Officer (COO), effective from January 1, 2023. Garg has been working with the carmaker since December 2019. Prior to that, he was associated with Maruti Suzuki for over 25 years, where he joined in…
Bharat Forge Limited announced that J S Auto Cast Foundry India Private Limited (JS Auto), its step-down subsidiary has entered into Business Transfer Agreement with Indo Shell Mould Limited (ISML) for acquiring their SEZ Unit in SIPCOT, Erode. The SEZ Unit with a capacity of 42,000 MTPA, supplies fully machined critical castings to marquee customers…
TAFE, a manufacturer of tractors and farm equipment, announced the acquisition of the Indian interior systems business of French global automotive supplier Faurecia for about ₹400 crore, according to The Hindu BusinessLine report. A part of the Group Forvia, Faurecia is among the top 10 global automotive supplier with 1,11,000 employees across 33 countries. Faurecia…
On December 30, 2022, NaaS, an electric vehicle charging service provider in China, announced that the Company has appointed Alex Wu as its CFO and President, effective January 15, 2023. Wu will join the Board of Directors of NaaS. Previously as Managing Director of Bain Capital Private Equity, Wu accumulated rich experience in finance, technology and management. In addition, during his…
Engineers India Limited (EIL) and Numaligarh Refinery Limited (NRL) have inked a Memorandum of Agreement (MoA) to jointly develop technology for ‘Production of aqueous Ammonia from Ammonia rich sour gases’ and demonstrate at NRL site. The collaboration agreement was executed on 29th December, 2022 by authorised representatives of EIL and NRL in New Delhi in…
Oil and Natural Gas Corporation Limited (ONGC) announced the appointment of Sushma Rawat as Director (Exploration), with effect from January 1, 2023. She succeeds Rajesh Kumar Srivastava, who has resigned from the role of Director (Exploration). According to the company’s exchange filing, “In his place Ms. Sushma Rawat (DIN: 09361428), has been appointed as Director…
Canara Bank Limited announced that L V Prabhakar has retired from the role of Managing Director and Chief Executive Officer of the Bank, with effect from December 31, 2022. According to the Bank’s exchange filing, “This is to inform the Exchanges that Shri L V Prabhakar, Managing Director & CEO of the bank has retired…
Heidrick & Struggles, a provider of global leadership advisory and on-demand talent solutions, has entered into an agreement to acquire Atreus, one of the leading players for executive interim management in Germany. The acquisition builds on Heidrick & Struggles’ leadership position in the on-demand talent space by expanding this offering into Continental Europe and is an…