Hindustan Unilever Limited (HUL) announced its foray into the ‘Health & Wellbeing’ category through strategic investments in Zywie Ventures Private Limited (“OZiva”) and Nutritionalab Private Limited (“Wellbeing Nutrition”). Launched in 2016, OZiva is a leading plant-based, and clean-label consumer wellness brand focused on the need spaces such as Lifestyle Protein, Hair & Beauty Supplements and…
Equipment and services company, CNH Industrial India, announced the appointment of Narinder Mittal as its Country Manager and Managing Director. Mittal will lead the company’s Indian and SAARC’s agriculture business. The appointment is effective January 1, 2023. Mittal succeeds Raunak Varma, who has been with CNH Industrial for over two decades. Varma has successfully led…
Mahua Acharya, MD and CEO of state-owned Convergence Energy Services Ltd (CESL) has resigned from the top post, according to PTI report. “This is to convey notice of my resignation from the post of Managing Director (MD) and Chief Executive Officer (CEO) of CESL including the post of Head Convergence as was originally advertised. In…
Partners Group, a global private markets firm, has, on behalf of its clients, agreed to acquire a majority stake in Sunsure Energy (Sunsure), a leading renewable energy and decarbonization solutions platform in India. Partners Group will invest up to USD 400 million in the Platform. Founded in 2015, Sunsure has historically built solar plants for…
State-run oil company, Oil and Natural Gas Corporation Limited, announced the appointment of Arun Kumar Singh as Chairman of the Board, with effect from December 7, 2022. Arun Kumar Singh has headed various Business Units and Entities in Bharat Petroleum Corporation Limited (BPCL) viz. Retail, LPG, Pipelines and Supply Chain Optimization etc., a statement said.…
Royal Enfield, global leader in mid-size motorcycle segment, began a new chapter on its journey in the Americas region, and specially in Brazil, with the commencement of operations of its new CKD assembly facility. This is a significant step forward in Royal Enfield’s plans in LatAm, and reiterates the brand’s commitment to the region, as…
In line with its ongoing evolution into a digital-led, people-driven customer experience (CX) services provider, Hinduja Global Solutions Limited (HGS), continues to make significant investments to expand its digital capabilities. The company announced two M&A developments to support its transformation journey as HGS 2.0. 1. HGS has entered into a definitive agreement to acquire a…
Kyndryl, a leading IT infrastructure services provider, has onboarded Rajita Singh as its Chief People Officer for India, according to ETHRWorld report. In this role, Singh will lead the HR function for the company in India, a statement said. “Excited to announce that I have joined the phenomenal team at Kyndryl as the Chief People…
KKR, a global investment firm, announced that KKR has agreed to acquire Clinisupplies, a market leader in continence care products in the UK, from Healthium. Clinisupplies’ management team will continue to hold a minority position. Financial details of the transaction were not disclosed. Clinisupplies is a UK-based manufacturer and distributor of continence care products, including urinary collecting devices and…
RBL Bank has roped in Ravi Pichan as Chief Information Officer of the company, according to ET report. In his 28-year career in the BFSI industry, Pichan has effectively handled complex portfolios of IT investments across organizations and geographies, led technology strategies and delivered transformation programs aligned with business strategy. Pichan joins RBL Bank from…
Securonix, Inc., a leader in Next-Gen SIEM, UEBA and SOAR, announced the appointment of Nayaki Nayyar to Chief Executive Officer and member of its Board of Directors, effective immediately. Sachin Nayyar, Founder and former Chief Executive Officer has transitioned to the role of Executive Chairman of the Board of Directors, a statement said. Nayyar brings…
Reliance Naval and Engineering Limited (RNAVAL), an Indian shipbuilding and heavy industry company, announced that Madan Pendse has resigned as Chief Financial Officer of the company, with effect from May 31, 2022. According to the company’s exchange filing, “we hereby inform that Mr. Madan Pendse has resigned from the post of Chief Financial Officer (CFO)…
Arzooo, a Retail Tech Platform, announced the appointment of Suvid Bajaj as Head of Marketing. The appointment comes at an exciting time as Arzooo witnessed a 400% growth this festive season with over 40,000 retailers onboard the tech platform, a statement said. Suvid, who brings more than two decades worth of marketing experience and held leadership…
Hinduja Tech (HT), a world-class engineering services company, acquired Drive System Design (DSD), an award-winning and globally trusted engineering consultancy known for developing innovative solutions for electrified propulsion systems. DSD currently provides advanced engineering to automotive, commercial vehicle, off-highway, defense and aviation industries from locations in the United Kingdom, the United States, and Asia, a statement said. The…
AltoVita, a corporate accommodation platform, whose customers include Hewlett Packard Enterprises, Google and US government agencies, announced it has secured $9.5M in an oversubscribed Series A investment round. The investment, co-led by Novum Capital Partners and Fifth Wall will help AltoVita continue its expansion to reshape the technology landscape and build the largest inventory in the $201bn corporate accommodation…