Ircon International Limited, a Miniratna PSU and a leading construction company under the Ministry of Railways, announced the appointment of Parag Verma as Director (Works), with effect from September 21, 2022. According to the company’s exchange filing, “In terms of Railway Board Order No.2021/E(O)ll/40/23 dated 21st September, 2022, Shri Parag Verma, (DIN: 05272169) has assumed…
Jindal Steel & Power Limited announced the appointment of Rohit Kumar to its Board of Directors, with effect from September 20, 2022. According to the company’s exchange filing, “we wish to inform you that the Board of Directors of the Company, based on the recommendation of the Nomination and Remuneration Committee, through resolution passed by…
Graas, an AI-powered eCommerce solution provider, announced the appointment of five senior key hires in the region as part of Graas’ strategy of accelerated growth in Southeast Asia and India. Combined, the appointment of these senior industry veterans brings decades of regional experience into Graas. This comes closely after the first close of Graas’ Series A, raising…
Aquaculture platform Aquaconnect has appointed Murugan Chidhambaram as Head of Digital Transformation. He will be responsible for developing, implementing, managing and reviewing the startup’s digital strategy in line with organizational values, business objectives and priorities. Murugan will be heading the engineering team and will lead all aspects of deep tech platform innovation, development and capacity building…
SG Analytics, a research and data analytics services company, has appointed Amit Shanker, based in the US, as an Advisory Board Member. “I am excited to welcome Amit as his entry will bolster our efforts to provide more value to our customers and deepen our relationships in Data Analytics and Investment Insights services,” said Sid Banerjee, CEO,…
IDP Education announced its intention to acquire Intake Education, a leading international education organisation, into its global team. Culturally aligned, IDP and Intake are united by the quality support they provide international students, and the leading services they provide institution partners, a statement said. Intake brings to IDP three decades of industry leadership in the…
#dltledgers, a blockchain-based multi enterprise supply-chain business network (MESCBN) platform, announced that it has raised $ 8.5 million from its lead investor in a Series B funding round. This strategic round now brings #dltledgers’ valuation to well above $ 100 million, up from $ 46 million after its Series A round just over a year ago. “The global appetite for…
Yes Bank Limited announced the appointment of Rama Subramaniam Gandhi as Part-time Chairman on the company’s Board, with effect from September 20, 2022. According to the company’s exchange filing, “We are pleased to inform that as recommended by the Board of Directors of the Bank, the Reserve Bank of India (“RBI”) vide its letter dated…
Accenture has been ranked the No. 1 services provider to the capital markets industry globally in a recent report from industry analyst firm HFS Research. The report, “HFS Top 10: Capital Markets Services, 2022,” assesses and rates 11 leading service providers across a variety of criteria. In addition to achieving the No. 1 position overall, Accenture ranked…
Tata Consultancy Services (TCS) has been positioned as a Leader in Everest Group’s PEAK Matrix for Financial Crime and Compliance (FCC) Operations. According to the report, TCS has built capabilities across the FCC operations value chain, which is reflected in its revenue growth. It goes on to say that initiatives such as the establishment of…
MX Africa Limited (MXAL), has entered into SPA to acquire the remaining 49 per cent stake in the Kenya-based Quantum Lubricants Limited (QLL). MXAL is the Kenya-based wholly owned subsidiary of Maximus International Limited (MIL). Earlier, in 2019, MXAL had acquired a 51 per cent equity stake in QLL which paved its entry into lubricant…
Stellantis N.V., one of the world’s leading automakers and a mobility provider, announced two additional major initiatives within its Italian industrial footprint aimed at further driving the Company’s transformation of its global electrification value chain and supporting its aggressive decarbonization targets. To meet the growing demand for electrified vehicles and the ambitious targets presented in…
Radian Mobility, a health tech company based out of Mumbai, focusing on enhancing mobility awareness through adherence in the physiotherapy and preventative fitness sector has raised USD 300,000 in its maiden raise from a large US family office. Radian was set up by CEO Jamshid Pandole, a twenty-two-year financial veteran and avid athlete, and CTO…
Global investment firm KKR and Hero Future Energies (HFE), the renewable energy arm of the Hero Group, announced the signing of definitive agreements under which KKR and the Hero Group will invest $450 million in the Company. This investment will position HFE for continued growth and support its efforts to expand its renewable energy capacity and capabilities across technologies such…
Usha Financial announced the onboarding of Nupur Gupta as a Non-Executive Director for formulating and overseeing the corporate strategies of the company. Nupur Gupta holds a business administration bachelor’s degree and also finished an entrepreneurship course at Harvard Business School. Nupur Gupta has over two years of experience in the field of company management. She…