Category: News

Peoplefy expands operations into Delhi NCR

Peoplefy, a premier provider of Talent Hiring / RPO (Recruitment Process Outsourcing) solutions, announced its strategic expansion into the Delhi NCR region, marking a significant milestone in the company’s growth trajectory. With its headquarters in Pune and established offices in Hyderabad, Bengaluru and Mumbai, Peoplefy’s decision to venture into Delhi underscores its commitment to addressing the evolving talent needs of its…

Mahendra Lodha resigns as CFO of PTC India Financial Services

PTC India Financial Services Limited, a leading non-banking financial company, announced the resignation of Mahendra Lodha as Director (Finance) and Chief Financial Officer of the company, with effect from March 15, 2024. According to the company’s exchange filing, “Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (‘Listing Regulations’), we wish…

Bona to acquire Ezi Floor Products

Bona, a global, sustainably-driven company that supplies products for installing, renovating, maintaining, and restoring premium floors, has announced the acquisition of Ezi Floor Products (VIC) Pty Ltd (EFP), a distributor based in Melbourne, Australia. EFP, which has been the exclusive importer and national distributor of Bona products in Australia for over 20 years, will now…

Novartis India appoints Gira Sardesai to its Board

Drug major Novartis India Limited announced the appointment of Gira Sardesai as Additional Director in the category of Non-Executive Independent Director, with effect from March 31, 2024. According to the company’s exchange filing, “Based on the recommendation of the Nomination and Remuneration Committee, the Board has approved the appointment of Ms. Gira Sardesai (DIN: 02610502)…

Zinnia to acquire Ebix Inc.’s Life and Annuity Software Assets

Zinnia Corporate Holdings (Zinnia), an Eldridge business and leading life and annuity insurance technology services company, announced it will acquire the Life and Annuity Assets (the L&A Assets) of Ebix, Inc. (Ebix), a supplier of software solutions. The L&A assets will further position Zinnia as a partner of choice in the life and annuity industry,…

CRISIL appoints Saugata Saha to its Board

CRISIL Limited announced the appointment of Saugata Saha as Additional Director on the company’s Board, with effect from February 17, 2024. According to the company’s exchange filing, “Based on the recommendations of the Nomination and Remuneration Committee, the Board approved the appointment of Mr. Saugata Saha (DIN: 10496237) as an Additional Director (NonExecutive) of the…

VLCC elevates Vikas Gupta to MD & Group CEO

VLCC, a premium beauty and skincare brand, announced that its Group Chief Executive Officer (CEO), Vikas Gupta, will be elevated to the role of Managing Director (MD) and Group CEO, effective immediately. The line Board of Directors warmly welcome Vikas Gupta to the board. Vikas was appointed Group CEO of VLCC in April 2023, a…

Enerflex appoints Preet Dhindsa as SVP and CFO

Enerflex Ltd. (Enerflex) announced the appointment of Preet Dhindsa as Senior Vice President and Chief Financial Officer (CFO), effective March 1, 2024. Dhindsa has served as the Company’s Interim CFO since October 13, 2023. “Preet has provided solid leadership and financial stewardship since joining Enerflex in October, and our company benefits from his financial acumen…

SBM Bank India appoints Ashish Vijayakar as MD & CEO

SBM Bank India announced the appointment of Ashish Vijayakar as the Managing Director & Chief Executive Officer (MD & CEO) of the Bank for a period of 3 years from February 17, 2024. This appointment has been made as per the approval accorded by the Reserve Bank of India (RBI) vide its letter dated 6th February 2024, a statement said. Ashish Vijayakar is…

Carlsberg India appoints Vandana Kapur as VP – HR

Carlsberg India, a global brewer, announced the appointment of Vandana Kapur as Vice President – Human Resources, according to ETHRWorld report. Kapur comes with over 22 years of experience in corporate, consulting and entrepreneurial roles. Previously, Vandana served as Country HR Head at Agilent Technologies International, and Global HR Director for Operations at Centrient Pharmaceuticals.…

Online seafood firm Captain Fresh raises $25 mn from BII, Nekkanti

Online seafood firm Captain Fresh has raised $25 million in a funding round led by UK government-backed British International Investment (BII) and Andhra Pradesh-based Nekkanti Seafoods Group, according to ETtech report. The funding was part of a larger $48 million extended funding round at a $500 million valuation, out of which $20 million had already…

USISPF appoints Arvind Krishna to its Board of Directors

The US-India Strategic Partnership Forum (USISPF) announced the appointment of Arvind Krishna, the Chairman and Chief Executive Officer of IBM to the Board of Directors. In addition to joining the Board of Directors at USISPF, Arvind is a member of the Board of Directors of the New York Federal Reserve Bank, and he serves on the Board of Directors of Northrop Grumman. USISPF…

Aryaka appoints Shailesh Shukla as CEO and Chairman

Aryaka, the leader in Unified SASE solutions, announced the appointment of Shailesh Shukla as CEO and chairman, effective immediately. Shukla had earlier joined Aryaka as an independent board member and has served as Aryaka’s Executive Chairman of the Board since September 2023. Shukla has more than 25 years’ experience, with extensive domain expertise in cloud, networking, and…

ScioTeq expands operations into Bangalore

ScioTeq, a leading provider of mission-critical defense and avionics visualization and computing solutions, announces the establishment in Bangalore, India of ScioTeq Pvt Ltd, a wholly owned subsidiary of ScioTeq bv. This move will further extend ScioTeq’s global presence by providing Sales, Procurement and Services at its Bangalore location. Additionally, by joining with local partners it will…

MB2 Dental raises $2.344bn unitranche debt facility with KKR

Leading dental partnership organization (DPO), MB2 Dental has closed a US$2.344bn unitranche debt facility with credit vehicles and accounts managed by KKR, which acted as Lead Investor and Arranger on the transaction. The financing will be used to fund upcoming acquisitions and future growth for the company, following a record year of growth in 2023…