Category: News

IntraSoft Technologies appoints Ashish Arun to its Board

IntraSoft Technologies Limited announced the appointment of Ashish Arun as an Independent Director on the company’s Board, with effect from March 14, 2022. Ashish Arun is an award-winning entrepreneur with more than 12 years of experience in building and managing businesses in the field of legal research and technology, both in India and the United…

Engineers India Ltd appoints Sanjay Jindal as Director (Finance)

Engineers India Limited (EIL) announced the appointment of Sanjay Jindal, Executive Director (Finance), as Director (Finance), with effect from June 8, 2022. According to the company’s exchange filing, “Pursuant to the relevant provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that Shri Sanjay Jindal, Executive Director (Finance), Engineers…

India-Africa Trade Council appoints Gagan Arora, Founder Vertex Group as Trade Commissioner of Nigeria Division

Gagan Arora, the Founder of Vertex Group, has been appointed as the Trade Commissioner of India-Africa Trade Council Incharge of Nigeria Division at the India-Nigeria Trade Conference held in Delhi a few days ago. Marking a significant step forward in the in the bilateral trade relations between India and Nigeria. Gagan Arora extends his gratitude to…

Joydeep Goswami appointed interim CFO of Illumina

Illumina, Inc., a DNA sequencing company, announced Joydeep Goswami, Chief Strategy and Corporate Development Officer, will also serve as interim Chief Financial Officer while the company conducts a search for a permanent CFO. Sam Samad will be departing Illumina on July 8, 2022, after serving as CFO for more than five years. In addition to Goswami’s current responsibilities, which…

Salesforce exec Rob Ferguson to join Automation Anywhere as CRO

Automation Anywhere announced the appointment of Rob Ferguson as chief revenue officer, with effective from July 1, 2022. In this new role, Ferguson will be responsible for leading global sales working closely with some of the world’s largest customer and partner organizations to fully leverage automation and digital workers, a statement said. He joins Automation Anywhere from…

IIFL Home Finance announces investment of ₹2,200 Cr for a 20% stake from a wholly owned subsidiary of ADIA

Non-Banking Financial Company IIFL Finance Limited said that its wholly owned subsidiary IIFL Home Finance Limited, an affordable housing finance company, has entered into definitive agreements for raising ₹2,200 Cr of primary capital for a 20% stake from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Speaking on the occasion, Nirmal Jain,…

Infosys and Germany-based TK Elevator announce strategic collaboration

Infosys, a global leader in next-generation digital services and consulting, announced a global strategic collaboration with TK Elevator, one of the world’s leading elevator companies based out of Düsseldorf, Germany. The global seven-year collaboration is an extension of the successful modernization of TK Elevator’s IT infrastructure in Europe and Africa, a statement said. “At TK Elevator,…

IndusInd Bank appoints Pradeep Udhas as Additional Director

IndusInd Bank Limited announced the appointment of Pradeep Udhas as Additional Director on the company’s Board, with effective from June 9, 2022. According to the bank’s exchange filing, “This is to inform that the Board of Directors (the Board) of the Bank, at its meeting held today has considered and approved, the appointment of Mr.…

Asian Granito India Ltd appoints Mehul Shah as CFO

Asian Granito India Limited announced the appointment of Mehul Shah as Chief Financial Officer of the company, with effect from June 10, 2022. He succeeds Amarendra Kumar Gupta, who has resigned from the role of CFO, w.e.f June 9, 2022. According to the company’s exchange filing, “The Board of Directors of the Company at its…

Mrinal Ankit to lead India/APAC sales engineering efforts for Firstlight Media

Firstlight Media announced continued expansion of its customer facing resources in India and APAC to support growing market activity in the region. Within weeks of new deployments by aha in India’s Tamil-language market and PLDT’s Smart Communications arm in the Philippines, Firstlight Media has hired Mrinal Ankit to lead sales engineering efforts that can expedite…

Cybersecurity startup SubCom raises $1 mn in funding led by YourNest

Cybersecurity startup SubCom (Subconscious Compute) said it has raised $1 million in a seed-funding round from YourNest Venture Capital, ISV Capital and an existing investor, Entrepreneur First, according to ETtech report. The round also saw participation from Bikky Khosla, Chairman TradeIndia, Varun Alagh, Founder, MamaEarth, Harjot Gill, Founder, FluxNinja & Netsil, and some senior executives…

ICF to acquire SemanticBits

ICF, a global consulting and digital services provider, announced that it has entered into a definitive agreement to acquire SemanticBits, a premier partner to U.S. federal health agencies for mission-critical digital modernization solutions. Founded in 2005, SemanticBits’ team of 450 technologists and practitioners bring demonstrated success with large federal health IT projects and expertise across…

Watlow to acquire Eurotherm from Schneider Electric

Watlow, a designer and manufacturer of complete industrial thermal systems, announced that it has signed an agreement to acquire Eurotherm from Schneider Electric, the global leader in the digital transformation of energy management and automation. The terms of the transaction were not disclosed. Eurotherm is a premier global provider of temperature, power, and process control,…