Sona BLW Precision Forgings Ltd. (Sona Comstar), one of the leading global providers of automotive technology solutions, announced the inauguration of its new manufacturing plant in the Fipasi Industrial Park, Silao, Mexico. This strategic expansion underscores the company’s commitment to meeting the growing demand for high-quality driveline solutions for Battery Electric Vehicles (BEVs) in North America. As mobility undergoes a…
Bajaj Electricals Limited, India’s leading consumer durables company, announced the resignation of Ravindra Singh Negi, Chief Operating Officer – Consumer Products Business, with effect from May 29, 2024. According to the company’s exchange filing, “we hereby inform you that Mr. Ravindra Singh Negi, Chief Operating Officer – Consumer Products Business, a Senior Management Personnel of…
IT firm Coforge Limited announced the appointment of Om Prakash Bhatt as Additional Director on the company’s Board of Directors, with effect from May 1, 2024. The Board has also approved the appointment of Om Prakash Bhatt as Chairperson of the Board with effect from June 29, 2024. According to the company’s exchange filing, “the…
Equirus, a leading financial services company, announced the appointment of Amit Arora as its new Chief Operating Officer (COO) and Managing Director. Amit joins Equirus with a distinguished track record of leadership and success in the financial sector, marking a significant addition to the company’s executive team, a statement said. With extensive experience in senior leadership…
Aurionpro Solutions Limited announced the acquisition of Banking and Insurance focused PaaS startup, Arya.ai. With Arya.ai, Aurionpro will enhance its portfolio of enterprise fintech offerings to expedite adoption of AI that is responsible, accurate, and auditable, a statement said. Aurionpro Solutions Ltd. will acquire a majority stake (67%) in Arya.ai. This acquisition will bring products and expertise…
Newmont Corporation announced the appointment of Francois Hardy as Chief Technology Officer (CTO). Francois will join Newmont’s Executive Leadership Team and lead the technical work across the business to improve operational performance and drive growth, a statement said. Francois will take over from interim CTO, Dean Gehring, who also served in a dual role as Newmont’s Chief Integration Officer.…
dataplor, the leading provider of global location intelligence, announced a $10.6 million Series A funding round led by Spark Capital. This round, which included participation from Quest Venture Partners, Acronym Venture Capital, Circadian Ventures, Two Lanterns Venture Partners and APA Venture Partners, will further accelerate dataplor’s ongoing expansion, building the most accurate, comprehensive and dynamically…
Bajaj Auto Limited announced the appointment of Ramtilak Ananthan as Chief Technology Officer of the company, with effect from April 1, 2024. According to the company’s exchange filing, “Pursuant to Regulation 30 read with para A, part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,…
RevoQuant AI, a leader in harnessing Big Data Analytics and Machine Learning Models to empower collaborative thinking within businesses, announced the appointment of Markus Pinter as General Manager – Middle East and Africa. Pinter joins RevoQuant AI not only in a leadership role but also as a strategic investor, demonstrating his strong belief in the…
Munich Re announced the appointment of Surbhi Goel as CEO India Branch effective from October 2024. Her appointment is subject to regulatory approval. In this role, Surbhi will be responsible for Munich Re’s Property and Casualty reinsurance business in India. Surbhi will succeed Hitesh Kotak, who will take on an expanded role overseeing Japan, India, Korea and…
HDFC Life Insurance Company Limited announced the appointment of Keki M Mistry as the Chairman of the Board. He succeeds Deepak S Parekh, who has decided to step down as the Chairman and Non-Executive Director of the Company with effect from April 18, 2024. According to the company’s exchange filing, “The Board has unanimously approved…
AI powered driver assistance technology startup Sapience Automata has raised INR 1.75 CR in a Seed Round led by Inflection Point Ventures. The funds will be utilized for growing sales for Driver camera, building key partnerships in the automotive domain, continuing to develop Advanced driver-assistance systems (ADAS) technology, and filing international patents, a statement said.…
Configit, the global leader in Configuration Lifecycle Management (CLM), announced it has appointed Kenneth Hune Petersen as chief commercial officer. In this role, he’ll help drive the company’s global partner and sales initiatives and expand the sales team across all regions, a statement said. Petersen brings to Configit a wealth of experience in international business and leadership,…
Catalyst, a global nonprofit promoting gender equity and workplace inclusion, has named Kathy Warden, CEO of Northrop Grumman Corporation, Chair of its Board. She succeeds Accenture CEO Julie Sweet and is the fourth woman to chair the Board. “Stepping into this important role and building on Catalyst’s more than 60-year history of strengthening gender equity in the workplace…
ICICI Lombard General Insurance Company Limited announced the appointment of Rakesh Jha as Chairperson of the Board, with effect from June 30, 2024. Rakesh Jha is a Non-executive, Non-Independent Director on the Board of the Company since May 28, 2022. Rakesh Jha is also Executive Director on the Board of ICICI Bank Limited (“the Bank”)…