Category: News

GoCardless to acquire open banking platform Nordigen

GoCardless, the leading fintech in account-to-account payments, has announced its intention to acquire the freemium open banking platform Nordigen, in line with its ambition to build the most major global banking payment network.  GoCardless will integrate Nordigen’s next-generation open banking connectivity API – to date the largest in Europe with connection to more than 2,300…

Take Solutions CFO Lalit Mahapatra steps down

Life sciences organisation, Take Solutions Limited announced that Lalit Kanta Mahapatra has resigned from the role of CFO of the company, with effect from June 30, 2022. According to the company’s exchange filing, “Pursuant to Regulation 30 of SEBI LODR read with Part A of Schedule Ill of the SEBI LODR, we wish to inform…

ZEE Media CEO Sudhir Chaudhary resigns

ZEE Media Corporation Limited announced that Sudhir Chaudhary has resigned from the role of Chief Executive Officer of the company, with effect from July 1, 2022. According to the company’s exchange filing, “we wish to inform that Mr. Sudhir Chaudhary has resigned from the position of Chief Executive Officer (‘CEO’) of the Company with effect…

Infolob appoints Srininivasakumar Doppalapudi as Group VP – Oracle Cloud Apps

Infolob Solutions Inc. announced the appointment of Srininivasakumar Doppalapudi (DSK) as Group Vice President of Oracle Cloud Apps.  This marks one of several steps that the Texas-headquartered company has in pipeline as a part of its aggressive global expansion plan and aspirations to serve its customers with flawless Oracle Cloud and Apps solutions as well as multi- and hybrid-cloud migration…

Harsh Shah joins Azure Power as Chief Executive Officer

Azure Power, a sustainable energy solutions provider and renewable power producer in India, announced in continuation to its update on May 6, 2022, that Harsh Shah has joined the Company as its Chief Executive Officer, w.e.f July 1, 2022. Harsh brings deep business and leadership experience with strong track record of building large infrastructure platforms, developing high…

WNS announces acquisition of Chennai-based Vuram

WNS (Holdings) Limited (WNS), a provider of global Business Process Management (BPM) services, announced it has acquired Vuram, a global leader in enterprise automation services.  Vuram helps companies accelerate digital transformation by aligning, automating, and optimizing processes using a combination of low-code software applications and intelligent automation platforms, the statement said.  “WNS expects that the acquisition of Vuram…

Arvind Fashions appoints Manoj Nakra as Independent Director

Arvind Fashions Limited announced the appointment of Manoj Nakra as Independent Director on the company’s Board, with effect from July 1, 2022. According to the company’s exchange filing, “this is to inform to you that the Board of Directors of the Company, on the basis of recommendation made by Nomination and Remuneration Committee, has appointed…

Chennai-based alternative investment platform BetterInvest raises pre-seed round

BetterInvest, has raised a pre-seed round of USD 350K from Chennai-based angel investors, including Suresh Krishn, MD of Isha Homes and President of CREDAI, Tamil Nadu, as the lead investor. Few other notable names include Manoj Poosappan – JMD of Renaatus Projects Private Limited, and renowned Tamil actor, Kathir. With this, BetterInvest will be formally opening up…

Yadvinder Singh Guleria joins Royal Enfield as CCO

Royal Enfield announced that former-Honda Motorcycle and Scooter India (HMSI) head Yadvinder Singh Guleria has joined the company as the Chief Commercial Officer (CCO), according to ETAuto report. In this new role, he will be responsible for leading Royal Enfield’s business growth globally – across India and all international markets – and spearheading sales, marketing…

Bharat Forge completes acquisition of JS Autocast

Bharat Forge Limited, along with its subsidiary, BF Industrial Solutions Limited (together referred to as “Bharat Forge”) announced that it has successfully completed the previously announced acquisition of JS Autocast Foundry India Private Limited (JS Auto). The Enterprise Value of the transaction is Rs 489.63 Crores. This acquisition significantly enhances our capabilities and addressable market…

Bengaluru-based Zetwerk acquires 3 firms for Rs 100 cr to boost industrial business

Manufacturing unicorn Zetwerk has acquired three companies for Rs 100 crore to strengthen its industrial vertical business in the oil and gas, aerospace, defense, and infrastructure component segments, the company said on Thursday, according to PTI report. The company acquired Pinaka Aerospace Solutions for aerospace and defense manufacturing capabilities, bagged a majority stake in SharpTanks…

Jubilant Pharmova Ltd names R Kumar as Additional Director, Naresh Kumar as Company Secretary

Pharmaceutical company Jubilant Pharmova Limited announced the appointment of R. Kumar as Additional Director on the company’s Board, with effect from July 1, 2022. Also, the company appointed Naresh Kumar as Company Secretary and Compliance Officer, with effect from August 1, 2022. Kumar has 36 years of experience, both in the Indian and global markets.…

Allcargo Logistics appoints Nilesh Vikamsey to its Board

Allcargo Logistics Limited announced the appointment of Nilesh Vikamsey as Additional Non-Executive Independent Director on the company’s Board, with effect from June 30, 2022. According to the company’s exchange filing, “we wish to inform you that the Board of Directors vide its Circular Resolution passed on June 30, 2022 have approved the appointment of Mr…

HRtech platform NWORX expands to the US market

NWORX – a B2B SaaS platform that provides embedded professional development for leadership announces its expansion to the US market.  Under the expansion, the company targets to onboard 100 users from US enterprises on the platform in 100 days, accelerating the platform’s sales momentum, a statement said. The US is one of the largest markets…