Category: News

S Subramanyeswar appointed Group CEO of MullenLowe Lintas Group India

MullenLowe Group announced the appointment of S. Subramanyeswar, aka Subbu, as the Group Chief Executive Officer of MullenLowe Lintas Group India, effective immediately. In a strategic re-alignment from the previous model, all the functions of the Group will now report to Subbu. In addition, Subbu will continue to directly lead the Strategy function for the Group…

Gurugram-based specialty chemicals firm Covvalent raises $4.3 mn in seed funding from Nexus VP, others

Covvalent, a startup that operates in the B2B speciality chemicals space, has raised $4.3 million in a seed funding round led by Nexus Venture Partners, according to the ETtech report. The startup, founded this year by IIT Kharagpur alumni Sandeep Singh and Arush Dhawan, operates as a tech-enabled managed marketplace for speciality chemicals such as…

Brightcom Group appoints A Mahipal Reddy as Company Secretary and Compliance Officer

Digital marketing company Brightcom Group announced the appointment of A Mahipal Reddy as Company Secretary and Compliance Officer of the company, with effect from November 28, 2022. According to the company’s exchange filing, “we would like to inform that Mr A Mahipal Reddy (ACS 54145), Company Secretary & Compliance Officer has joined the Organization effective…

Emami Paper appoints Mukesh Kumar Agarwal as Interim CFO

Emami Paper Mills Limited, a part of the Emami Group of Industries, announced the appointment of Mukesh Kumar Agarwal, Assistant Vice President (Finance), as Interim Chief Financial Officer of the company, with effect from November 28, 2022. According to the company’s exchange filing, “the Board of Directors of the Company at its meeting held today…

Philip Morris International announces senior management changes

Philip Morris International Inc. (PMI) announced a new regional structure and related senior management changes to enable continued growth as a multicategory leader internationally and advance its rapid transition toward a smoke-free future. “We are changing the company’s regional structure to further support the growth of our smoke-free business, reinforce consumer centricity, and increase the…

Persistent announces expansion in India

Persistent Systems, a global Digital Engineering company, announced it has inaugurated its first office in Indore, situated in the heart of Madhya Pradesh. This 450-seat office will be the latest addition to Persistent’s rapidly growing global delivery network. This new delivery center will play a key role in enabling clients across industries to accelerate business…

TIL Limited Plans an Ambitious Growth Path with a Strategic Investment

TIL Limited, at its Board Meeting held on 26th November 2022 has decided to increase the authorized capital to infuse funds into the business of the Company, by bringing in a strategic investor, subject to shareholder and other requisite approvals. The capital is to be infused by Indocrest Defence Solutions Private Limited, which is a…

Heranba Industries appoints Ajit Gujral as Head – Strategic Development for Crop Protection Business

Heranba Industries Limited (Heranba) announced the appointment of Ajit Gujral as Head – Strategic Development for Crop Protection Business. The responsibilities assigned to Gujral includes Strategic Development of our existing Business in B2B / BRAND / P2P segment. In addition to the above assigned role, Gujral with his rich experience will also extend his support…

NIIT Digital wins Best E-Learning Platform Award by ASSOCHAM

NIIT Limited, a global talent development corporation and leading provider of managed training services, has been recognized as the Best E-Learning Platform by the Associated Chambers of Commerce & Industry of India (ASSOCHAM). The award was given to NIIT Digital for its contribution to the technology training sector at the ASSOCHAM Futuristic Technologies & 7th…

Fibe ropes in Monica Mishra as Head of Human Resources

Consumer lending app Fibe (previously EarlySalary) announced the onboarding of Monica Mishra as the Head of Human Resources. Monica is Human Resources professional with 18 years of diverse experience in BFSI, Healthcare, Retail, and Fashion with a brief stint in her own start-up. She has a proven ability to partner with executives and staff to…

Cummins India appoints Bonnie Jean Fetch as Additional Director

Cummins India Limited, a manufacturer of engines, generators and related products, announced the appointment of Bonnie Jean Fetch as an Additional Director on the company’s Board, with effect from November 25, 2022. According to the company’s exchange filing, “the Board of Directors of the Company by way of circular resolution passed on November 24, 2022,…

AU Small Finance Bank appoints Malini Thadani to its Board

Private sector lender AU Small Finance Bank Limited announced the appointment of Malini Thadani as Non-Executive Independent Director on the company’s Board, with effect from November 25, 2022. According to the company’s exchange filing, “we are pleased to inform that the Board of Directors of AU Small Finance Bank Limited (“the Bank”), at its meeting held…

Coffee brand Trelish raises Rs 3.5 cr from The Chennai Angels

Trelish, a premium coffee brand specializing in instant liquid coffee blends has announced a fundraise of 3.5 Cr in a recent round led by The Chennai Angels. Trelish intends to utilise the funds for geographic expansion, hiring top talent and to further strengthen the brand, a statement said. Co-Founder of Trelish, Kavita Narayanan commented on…