Enovix Corporation (Enovix), the leader in the design and manufacture of next generation 3D Silicon Lithium-ion batteries, announced the appointment of Dr. Raj Talluri as President and Chief Executive Officer, effective January 18, 2023. Talluri is also expected to be appointed to the Enovix board of directors on a later date. Talluri replaces CEO and…
Viatris Inc., a global healthcare company, announced that Scott A. Smith and Elisha W. Finney have been appointed as Viatris’ newest members of its board of directors. Smith and Finney fill the vacancies created by the retirement of Neil Dimick and Ian Reid. Scott Smith is a deeply experienced global biotechnology and pharmaceutical executive who currently serves as President and Executive Director of…
State-owned MOIL said Ajit Kumar Saxena has assumed charge as its Chairman-cum-Managing Director (CMD), according to PTI report. MOIL Director (Human Resources) of the company Usha Singh was given the additional charge as CMD earlier after the retirement of MP Chaudhari on October 31, 2022. According to a regulatory filing, “Singh has ceased to be…
eternalHealth announced that former Apple CEO John Sculley has joined the firm as Chairman of its Board of Directors. Led by eternalHealth Founder and CEO Pooja Ika, a 25-year-old Babson graduate, the company has a simple mission of leverage technology to reduce health plan operating costs, allowing more dollars to be allocated towards patient care…
Kalpataru Power Transmission Limited (KPTL) announced the appointment of Shailendra Kumar Tripathi as an Additional Director on the company’s Board of Directors. According to the company’s exchange filing, “we wish to inform you that the Board of Directors (the “Board”) of Kalpataru Power Transmission Limited (the “Company”) at its meeting held today, has, at the…
Eicher Motors Ltd., an Indian multinational automobile company, and parent company of Royal Enfield, global leader in the mid-weight motorcycles segment, announced a strategic collaboration in the space of electric motorcycles with Spain-based Stark Future SL. As part of this collaboration, the Board of Directors of Eicher Motors Ltd. has approved an investment of €…
Reliance Consumer Products Limited (RCPL), the FMCG arm and a wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL), Lotus Chocolate Company Limited (LOTUS) and Prakash P Pai, Ananth P Pai & other members of the current promoter and promoter group of LOTUS, executed definitive agreements, in terms of which: a) RCPL will acquire 65,48,935 equity…
Cipla Limited referred to as Cipla announced that its wholly-owned UK subsidiary, Cipla (EU) Limited (Cipla EU) has signed definitive agreements for equity investment of EUR 15 million in Ethris GmbH (Ethris), a global leader in delivering mRNAs directly to the respiratory system including administration by inhalation. The investment will facilitate a long-term strategic partnership…
Beauty e-retailer Nykaa has appointed Sujeet Jain as chief legal and regulatory officer, according to VCCircle report. Jain has 25 years of experience in mainly in the media and cement sectors and has held leadership and senior management roles at companies like UltraTech and Viacom18 in the past. During his previous stints, he has worked…
Mensa Brand Technologies Pvt. Ltd, which owns a clutch of direct-to-consumer companies under Mensa Brands, has partnered with India Lifestyle Network to acquire lifestyle portals MensXP, iDiva, and creator management and marketing company Hypp from Times Internet for an undisclosed sum, according to VCCircle report. The acquisitions that have been done for an undisclosed sum will enhance Mensa’s digital brand-building…
Health food brand The Whole Truth has raised Rs 90.21 crore, or nearly $11 million, in a Series B funding round led by Sequoia Capital India and Matrix Partners India, according to regulatory filings shared by intelligence platform Tofler. This takes the company’s total fundraise till date to over Rs 142 crore. As per the…
Apollo, a global, high-growth alternative asset manager, announced that Tatsuo Tanaka has been named as Japan Chair to Apollo. Tanaka is a 50-year veteran of the banking and finance industry in Japan, having held various senior positions in leading financial institutions, including as Deputy President of MUFG Bank and Mitsubishi UFJ Financial Group, Chairman of…
Indian Oil Corporation Limited (IOC) announced the appointment of Sunil Kumar as Government Nominee Director on the company’s Board of Directors, with effect from December 28, 2022. According to the company’s exchange filing, “it is hereby informed that in terms of MOP&NG’s letter ref. no. CA-31032/1/2021-PNG (37493) dated 27 December 2022, Shri Sunil Kumar (DIN-08467559)…
BP p.l.c. (bp), a British multinational oil and gas company, announced it has completed its purchase of Archaea Energy Inc., a leading provider of renewable natural gas (RNG), marking a milestone in the growth of bp’s strategic bioenergy business. “We see enormous opportunity to grow our bioenergy business by bringing Archaea fully into bp,” said Dave…
JSW Energy Limited has completed the acquisition of Ind-Barath Energy (Utkal) Limited (Ind-Barath) pursuant to the Resolution Plan (RP) submitted under the corporate insolvency resolution process of the Insolvency and Bankruptcy Code, 2016 and approved by the Committee of Creditors (CoC) and National Company Law Tribunal. The RP has now been implemented, consequently Ind-Barath has…