Category: News

Unity Bank appoints Inderjit Camotra as MD, CEO

Unity Small Finance Bank appointed senior banker Inderjit Camotra as its Managing Director and Chief Executive, according to PTI report. Camotra has over 25 years of experience across the country in leadership positions at Standard Chartered Bank, ANZ and Citigroup, the bank said in a statement. A graduate from IIT Delhi and an MBA from…

Future Enterprises Deputy CFO Bhagchand Baser steps down

Future Enterprises Limited (FEL) announced that Bhagchand Baser has resigned from the role of Deputy Chief Financial Officer of the company, with effect from August 5, 2022. According to the company’s exchange filing, “this is to inform you that, Mr. Bhagchand Baser – Deputy Chief Financial Officer of the Company has resigned with effect from…

Kirloskar Ferrous Industries appoints Pravir Kumar Vohra to its Board

Kirloskar Ferrous Industries Limited announced it has appointed Pravir Kumar Vohra as an Additional Director in the category of Independent Director, with effect from August 5, 2022. According to the company’s exchange filing, “we wish to inform that upon recommendation of the Nomination and Remuneration Committee, the Board of Directors at its meeting held on…

FD Technologies appoints Ashok Reddy as CEO of KX

FD Technologies announced the appointment of Ashok Reddy as Chief Executive Officer of KX, reporting directly to Group CEO Seamus Keating. With an established track record of building and growing global technology businesses, Reddy joins KX at an optimal moment, with growth in annual recurring revenue accelerating and the signing of a landmark strategic partnership agreement with Microsoft…

Encora appoints Deepak Bhandari as EVP and Head of Business Development

Encora , a leader in outsourced software engineering services, announced that founder and former managing director of Marylebone Capital Advisors, Deepak Bhandari, has been named executive vice president and head of corporate development, effective immediately. Bhandari’s appointment confirms Encora’s current strategy of further expanding its service offering. In this capacity, Bhandari will provide strategic leadership to support…

SML ISUZU appoints Takashi Nishida as Additional Director

Commercial vehicle manufacturer SML ISUZU Limited announced the appointment of Takashi Nishida as Additional Director on the company’s Board, with effect from August 11, 2022. According to the company’s exchange filing, “This is to inform you that the Board of Directors of the Company at the Meeting held today i.e. 5th August, 2022 (Friday) has…

HT Media appoints Nexus Venture co-founder Sandeep Singhal to its Board

Hindustan Times Media Group announced the appointment of Sandeep Singhal as Additional Director (Independent) on the company’s Board, with effect from August 5, 2022. According to the company’s exchange filing, “the Board of Directors, appointed Shri Sandeep Singhal (DIN: 00422796) as an Additional Director (Independent) w.e.f. 05th August, 2022, for a period of 5 consecutive…

CoreStack opens new facility in Chennai

CoreStack, a global multi-cloud governance provider that empowers enterprises to unleash the power of the cloud, marked the official grand opening of the company’s new state-of-the-art office located in Chennai, expanding its India business operations and the company’s global R&D footprint. To celebrate the office opening, CoreStack hosted its customers, investors, partners and employees at…

Adani Group to acquire Macquarie Asia Infrastructure Fund’s India toll roads in AP and Gujarat for Rs 3,110 cr

Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises Ltd (AEL), engaged in development, construction, operations and management of roads and highway projects in India, has entered into a definitive agreement to acquire Gujarat Road and Infrastructure Company Ltd (GRICL) (owned 56.8% by Macquarie Asia Infrastructure Fund) and Swarna Tollway Private Ltd…

Smart Ship Hub completes $2.5 mn pre-funding round led by Ideaspring Capital and StartupXseed

Smart Ship Hub, the maritime digital B2B platform (SaaS) headquartered in Singapore, has completed a pre-funding round of $2.5 million, led by Ideaspring Capital and StartupXseed. Smart Ship Hub(SSH) is ready to deploy digital platform for global maritime logistics. SSH is disrupting the maritime industry in the same way that electronic control systems did in the…

Mumbai-based fintech platform CredAble raises funding from Axis Bank

Supply chain finance platform CredAble has raised $9 million in a fresh funding round from Axis Bank. Existing investor Oaks Asset Management also participated in the funding round. Post funding, Axis Bank will acquire a 5% stake in the startup. The funding will be used to scale its growth plans.   Founded by Nirav Choksi…

Tata Communications elevates Ina Bajwa to Vice President – Human Resources

Indian telecommunications company Tata Communications Limited has elevated Ina Bajwa to Vice President of Human Resources. Most recently, she served as Senior Director of Human Resources within the company. She has been associated with the company for over eight years. “Pleased to share that I’m starting a new position as Vice President – Human Resources…

Edelweiss Financial Services appoints Shiva Kumar as Independent Director

Financial services conglomerate Edelweiss Financial Services Limited has appointed Shiva Kumar as Independent Director on the company’s Board, with effect from August 4, 2022. According to the company’s exchange filing, “we would like to inform you that the Board of Directors of the Company (the Board) at its Meeting held today, has inter alia approved…

Tech and Design Veteran Ekta Jafri to Head Experience Design and Strategy at Compass IDC

Compass Inc., a technology-enabled residential real estate brokerage company based out of the United States, announced the appointment of technology veteran Ekta Jafri as the Head of Design at Compass IDC. As the Head of Design at Compass IDC, Ekta will be responsible for delivering a coherent user experience across the Compass platform and will oversee the functioning…

CERA appoints Ravi Bhamidipaty to its Board

CERA Sanitaryware Limited (CERA), India’s premier sanitaryware, faucet ware, and wellness Company, announced the appointment of Ravi Bhamidipaty as Additional Director – Independent Category, with effect from August 4, 2022. According to the company’s exchange filing, “the Board of Directors at their meeting held on today i.e. 04.08.2022 has approved appointment of Shri Ravi Bhamidipaty…