Fictiv, the operating system for custom manufacturing, recently announced the opening of its new office in Pune, India, which will serve to complement its U.S. headquarters as an additional engineering center and provide an anchor for further investment in Fictiv’s India manufacturing partner network. These investments will propel accelerated advancements for its digital manufacturing platform…
SiteMinder, an open hotel commerce platform, has announced it will acquire industry acclaimed hotel guest engagement suite GuestJoy, a cloud-based app that allows hoteliers to automate personalised, direct, contactless guest communications before, during and after their stay. The acquisition, to be completed this year, follows the launch of SiteMinder’s next generation platform in April –…
Bharat Petroleum Corporation Limited (BPCL) announced the appointment of Sukhmal Kumar Jain as Additional Director and Director (Marketing) on the company’s Board. According to the company’s exchange filing, “we hereby inform you that Shri Sukhmal Kumar Jain, ED(ln-Charge) Marketing Corporate has been appointed as additional Director and Director (Marketing) by the Board at its meeting…
Collaborative commerce platform Innoviti Payment Solutions Pvt. Ltd announced the appointment of Krishna Kumar Sinha joined as Senior Vice President – GENIE – Retail, Sales, EMI Wallet and New Business. Krishna comes with two decades of experience in Sales and Marketing across various industries such as FMCG, Telecom, Lighting & Consumer Durables. Krishna also has…
Shareholders of One97 Communications, which operates under the Paytm brand, have approved the reappointment of Vijay Shekhar Sharma as the managing director (MD) and chief executive officer (CEO) of the company, according to the PTI report. Investors advisory firm IiAS had recommended against the reappointment of Sharma and several other resolutions that were part of…
Infosys, a global digital services and consulting company, has been positioned as a Leader in the 2022 Gartner Magic Quadrant for SAP S/4HANA Application Services, Worldwide. Evaluating more than 1,000 data points, Gartner has assessed 20 service providers’ capabilities to deliver SAP S/4HANA application services on a worldwide basis, a statement said. According to Gartner,…
Bharat-focused fintech, Payworld has appointed Amit Tyagi as its new Chief Executive Officer. Amit will be responsible for leading the organization into the next stage of its journey as it looks to leverage its pan-India distribution channel and wallet license to build an MSME-focused neobank. Amit brings with him a total of 12 years of…
Food & beverage manufacturing company Noveltech Feeds has appointed Rishav Dev as its Chief Human Resources Officer, according to ET report. Dev will be reporting to Sandeep Karkhanis, MD of the company, and will be based in Hyderabad. Prior to this role, Dev was VP – HR at Anmol Feeds. Dev holds 19 years of…
CBAK Energy Technology, Inc. (CBAK Energy), a leading lithium-ion battery manufacturer and electric energy solution provider in China, announced that its wholly owned subsidiary, Nanjing CBAK New Energy Technology Co., Ltd. (“Nanjing CBAK”), has entered into a strategic partnership agreement with Welson Power, a China-based new energy company with a global network in over 20 countries. According to the agreement,…
Samsung Electronics broke ground for a new semiconductor research and development complex in Giheung, Korea, aiming to extend its leadership in state-of-the-art semiconductor technology. Samsung Electronics plans to invest about KRW 20 trillion by 2028 for the complex in an area covering about 109,000 square meters within its Giheung campus. The new facility will lead…
Edtech startup Sunstone, which focuses on higher education, announced it has raised USD 35 million, about Rs 280 crore, in a funding round led by WestBridge Capital, according to PTI report. The funding round also saw participation from Alteria Capital. Founded by Ashish Munjal and Piyush Nangru in 2019, Sunstone had raised USD 28 million in…
Globalspace Technologies Limited announced the appointment of Asha Sampath as Additional Independent Director on the company’s Board, with effect from August 20, 2022. According to the company’s exchange filing, “the Board at its meeting held today i.e., Saturday, August 20, 2022, through video conferencing inter alia, to consider and approve appointment of Mrs. Asha Sampath…
Adani Power Limited announced the acquisition of DB Power Limited. According to the company’s exchange filing, “This is to inform that Adani Power Limited (the “Company”) has agreed to acquire DB Power Limited (DB Power), which owns and operates a running 2×600 MW thermal power plant at District Janjgir Champa in Chhattisgarh.” “The acquisition will…
HCL Technologies (HCL), a global technology company, announced it is Certified by Great Place to Work in the United States. Great Place to Work is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation. The award is based entirely on what current…
Jan Gurander will step down as Volvo Group Deputy CEO as of December 31st, 2022. His other managerial assignments within the Group will gradually be distributed to other members of the Volvo Group Executive Board. After the turn of the year, Jan Gurander will stand available to President and CEO Martin Lundstedt’s disposal, a statement said. Jan Gurander…