Nina Aresund has been appointed new member of Volvo’s Group Executive Board and Executive Vice President Group Legal and Compliance. She will succeed Sofia Frändberg who after ten years will step down from her current role and continue as a senior leader for the Volvo Group. Nina Aresund, born in 1974, began her career at…
Category: News
Starbucks names Laxman Narasimhan as next CEO
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•Starbucks announced that Laxman Narasimhan will become the company’s next chief executive officer and a member of the Starbucks Board of Directors. Narasimhan will join Starbucks as incoming ceo on October 1, 2022 after relocating from London to the Seattle area and will work closely with Howard Schultz, interim ceo, before assuming the ceo role…
Karur Vysya Bank appoints S Kalyanram as Chief Risk Officer
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•Private lender Karur Vysya Bank Limited has appointed S Kalyanram as Chief Risk Officer of the company, with effect from September 1, 2022. According to the company’s exchange filing, “We wish to inform that Shri S Kalyanram has been designated as Chief Risk Officer (CRO) of the Bank with effect from 01.09.2022 in terms of…
AI-led live classes platform PurpleTutor raises Series A round
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•PurpleTutor, which focusses on A.I based live classes, has recently raised Rs 10 crore (out of which Rs 3 crore was raised earlier) in its Series A round. The round saw participation from Disruptors Capital, IvyCap Ventures, Arjun Malhotra (Co-founder, HCL) and others. This round will help the company build its product offering and strengthen…
Silence Laboratories raises $1.7 mn seed funding led by Pi Ventures
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•Silence Laboratories, a web3 focused cybersecurity startup, headquartered in Singapore and working on libraries for MPC and Proofs-based Decentralised Security-as-Service (DSaaS), has closed a $1.7 million round in a seed funding, led by Pi Ventures. Their core technology to support developer focused decentralised and high grade security for digital assets with functionalities of key management, distributed signature and authorization is…
Times Now Navbharat appoints Ranjit Kumar as Senior Executive Editor
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•Times Now Navbharat announced the appointment of Ranjit Kumar as its Senior Executive Editor. In his role, Ranjit will closely work with the channel’s editorial leadership team and spearhead the overall functionalities including output desk, assignment, news research, guest coordination, social media, and production. A versatile and seasoned media professional with close to two decades of experience,…
Sun Life to acquire a majority stake in Advisors Asset Management
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•Sun Life Financial Inc. announced that it intends to acquire a majority stake in Advisors Asset Management, Inc. (AAM), a leading independent U.S. retail distribution firm, through SLC Management, Sun Life’s institutional fixed income and alternatives asset manager. AAM will become the U.S. retail distribution arm of SLC Management. AAM provides a range of solutions…
Infosys completes acquisition of Life Sciences Consulting and Technology Leader, BASE life science
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•Infosys, a global leader in next-generation digital services and consulting, announced that it has completed the acquisition of BASE life science, a leading technology and consulting firm in the life sciences industry, in Europe. This follows the announcement the company made on July 13, 2022. The acquisition reaffirms Infosys’ commitment to help global life sciences…
UPL appoints Mike Frank as CEO of UPL Corporation
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•UPL Corporation, the flagship company of UPL Ltd for global operations, announced that its Board of Directors has appointed Mike Frank as the Chief Executive Officer (CEO) of UPL’s Global Crop Protection (CP) business that manages all CP assets outside of India. Mike will be a member of the UPL Crop Protection Board of Directors. Mike joined UPL in…
Perfios announces changes in senior leadership team; Sabyasachi Goswami named new CEO
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•Perfios, a product technology SaaS company, announced a new organizational structure that utilizes the expertise of proven leadership from both the teams. The current Chief Executive Officer and Co-founder, V.R. Govindarajan, will be taking on the role of Executive Chairman of the Company, with a specific focus on curating strategic initiatives of the Company. Sabyasachi Goswami, who earlier served as the Chief Business Officer at Perfios, will be the new Chief Executive Officer of the Company. Ramgopal,…
Accenture Acquires Carbon Intelligence
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•Accenture has acquired Carbon Intelligence, a leading carbon and climate change strategy consultancy, adding more than 160 professionals to its rapidly growing group of data scientists, consultants and sustainability experts. Carbon Intelligence is focused on helping global businesses understand their overall carbon footprints, and ways to reduce them, using Science Based Targets Initiative (SBTi) strategies that lead to transformational…
STL appoints Ashwini Bakshi as Chief Sales Officer
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•STL, an integrator of digital networks, announced the addition of Ashwini Bakshi as Chief Sales Officer to its global leadership team. In his new role, Ashwini will be a part of the Executive Committee of the company and will be responsible for driving the company’s order book and revenues across portfolios, customer segments and geographies,…
Cyril Amarchand Mangaldas appoints Bose K. Varghese as a Senior Director – ESG Practice
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•Bose K. Varghese has joined Cyril Amarchand Mangaldas (cam) as a Senior Director – ESG Practice. He will be spearheading the Firm’s ESG practice across offices and will be based at Mumbai. Varghese has over 32 years of experience. Before joining the Firm, he was with Infosys Limited as Head of Green Initiatives from 2015, where…
Infosys Positioned as a Leader in the IDC MarketScape: Worldwide Cloud Professional Services 2022 Vendor Assessment
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•Infosys, a global leader in next-generation digital services and consulting, announced that it has been positioned as a Leader in the IDC MarketScape: Worldwide Cloud Professional Services 2022 Vendor Assessment for its employee capability, experience, and domain knowledge of working with global enterprises. The assessment highlights the full potential of digital transformation with Infosys Cobalt,…
Punjab & Sind Bank appoints Mahima Agarwal as CFO
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•Punjab & Sind Bank Limited has named Mahima Agarwal, Deputy General Manager, as Chief Financial Officer of the Bank. She succeeds Vinay Kumar Mehrotra who has retired on superannuation on August 31, 2022. According to the company’s exchange filing, “This is to inform that Ms. Mahima Agarwal, Deputy General Manager has been appointed as Chief…