Category: News

Ignitho names former Cognizant, Mindtree exec Ramesh Ramaswamy as Chief Delivery Officer

Ignitho Technologies, a US headquartered data science and digital engineering company, has named Ramesh Ramaswamy as its Chief Delivery Officer. Ramesh brings to Ignitho more than two decades of delivery leadership experience and was with Cognizant and Mindtree for close to a decade each, playing key leadership roles in delivery and account management. His core experience is…

BigBasket appoints ex-Amazon techie Keshav Kumar as Director of Engineering

BigBasket, A TATA Enterprise, welcomes onboard Keshav Kumar as the Director of Engineering. He will be reporting to the Vice President of Engineering, Sumit Nigam. In his new role as the Director of Engineering, Keshav will be responsible for implementing processes to enhance warehouse productivity & improving quality alongside managing and building the technology team.…

Dredging Corporation of India appoints Arun Gupta as Additional Director

Dredging Corporation of India Limited announced the appointment of Arun Kumar Gupta as Additional Director on the company’s Board, with effect from July 4, 2022. Arun Kumar Gupta was the chairman and managing director of Shipping Corporation of India (SCI). After graduating from Marine Engineering College, Gupta joined SCI as an engineer in 1976 and…

Marico acquires additional stake in Apcos Naturals

Marico Limited announced it has acquired an additional stake of 4.14% in Apcos Naturals. Post acquisition, Marico will hold 56.52 per cent stake in the company. According to the company’s exchange filing, “We refer to our letter dated July 14, 2021 informing that Marico Limited (“Company”) has entered into definitive agreements to make a strategic…

Tata Steel completes acquisition of Neelachal Ispat Nigam Ltd

Tata Steel Limited (Tata Steel) has announced that Tata Steel Long Products Limited (TSLP), a subsidiary of Tata Steel, has completed the acquisition of 93.71% in 1 million tons per annum Neelachal Ispat Nigam Limited (NINL) from MMTC Ltd., NMDC Ltd., MECON Ltd., Bharat Heavy Electricals Ltd., Industrial Promotion and Investment Corporation of Odisha Ltd.,…

Tata Power to set up solar manufacturing plant in Tamil Nadu; inks an MoU with State Government for INR 3,000 cr investment

Tata Power announced it has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government to invest approx. INR 3,000 crores for setting up a greenfield 4GW Solar Cell and 4GW Solar Module manufacturing plant in Tirunelveli District of Tamil Nadu. The MoU outlines the commitment made by both parties to stimulate clean energy…

EaseMyTrip expands its international presence to New Zealand

EaseMyTrip, India’s online travel platform, has expanded its international footprint by incorporating a wholly-owned foreign subsidiary in New Zealand as part of its global expansion strategy. The company has forayed into New Zealand anticipating a huge pent-up global demand for the travel and tourism sector in the coming months. As a part of this new…

Nissan India appoints Mohan Wilson as Director Marketing

Automaker Nissan Motor India announced it has appointed Mohan Wilson as Director Marketing, Product and Customer Experience effective July 1, 2022, according to PTI report. He will report to Nissan Motor India Managing Director Rakesh Srivastava and will be based in Chennai. Wilson, who was the head of Global Marketing Planning at Nissan Motor Corporation’s…

ICCS appoints Neeraj Tandon as Chief Mentor

ICCS, a BPM services provider in India, announced the appointment of Neeraj Tandon as its Chief Mentor. ICCS has aggressive growth plans and wants to grow 5 times in three years and eventually be a billion dollar company serving global markets in digital led process and technology services. That is where a professional like Mr.…

BigHaat strengthens its leadership team with three new executives

Digital agri platform BigHaat has announced the recent addition of three senior leaders to further strengthen the company’s operations and align the organization best for the next phase of growth. Joining BigHaat’s C-Suite are Vishaal S. Wadhwani as Chief Finance Officer, Richa Hukumchand as Head – of Data Sciences and Analytics, and Indronil Ghosh as Head – of Supply Chain Management.…

Plum appoints Mukul Kanchan as its Head of Finance

Plum, an employee health insurance platform, has appointed Mukul Kanchan as its Head of Finance. Mukul has assumed charge from June 2022 and will be working closely with the founders to solve complexities as the business scales up at a faster clip. Mukul will support scaling the business with sustainability, building financial prudence and robustness, acquisition…

Lendingkart raises Rs 75 cr debt funding from GMO LLC, Triodos Investment

Fintech company Lendingkart announced it has raised debt funding of Rs 75 crore from GMO LLC and Triodos Investment, according to PTI report. The company will use the funds to originate MSME (micro, small and medium enterprises) loans across all states with credit decisions in a live environment using in-house built origination engine ‘xlr8’ and…

Flutterwave appoints former Goldman Sachs MD Gurbhej Dhillon as CTO

Flutterwave, Africa’s leading payments technology company, announced the appointment of former Goldman Sachs’ Managing Director, Gurbhej Dhillon as Chief Technology Officer (CTO). Gurbhej joins at a key time for Flutterwave, following its recently completed Series D funding round, valuing the company at over USD 3 billion, and maintaining its rapid expansion. As the new CTO, Gurbhej will be responsible for…

Affle strengthens its Board with four additional appointments

Affle (India) Limited (Affle), a consumer intelligence driven global technology company, announced the appointment of four additional Directors further strengthening its Board structure. The additions are designed to support Affle’s accelerated global growth momentum, provide greater accountability to the senior leadership and reflect upon the company’s commitment to maintain the highest standards of Corporate Governance…

ESC appoints Sushil Sharma as the Convenor of Rajasthan

Sushil Sharma, the Founder and CEO of Marwari Catalysts, has been recently appointed as the Convenor of Electronics and Computer Software Export Promotion Council (ESC), Rajasthan.  ESC is India’s apex trade promotion council sponsored by the Government of India, mandated to promote India’s Electronics, Telecom, Computer Software, and IT Enabled Services to global markets, a statement…