IDBI Bank Limited announced the appointment of TN Manoharan as a Part-time Chairman, with effect from May 9, 2022. According to the bank’s exchange filing, “In Continuation of Bank’s disclosure dated February 24, 2022, Board of Directors of the Bank have approved the appointment of Shri T. N. Manoharan, Independent Director (DIN: 01186248) as Part-time…
HCL Technologies UK Limited, a wholly owned subsidiary of HCL Technologies (HCL), a global technology company, has signed a definitive agreement for the acquisition of Confinale AG, a Switzerland-based digital banking and wealth management consulting specialist and Avaloq Premium Implementation Partner. Through this strategic acquisition, HCL will increase its footprint in the global wealth management…
SG Analytics (SGA), a global insights and analytics company, has appointed Sid Banerjee as the firm’s new Chief Executive Officer (CEO). Sushant Gupta, Founder, SG Analytics will now take on the role of Founder & Chairman. He will focus on steering the company towards its stated resolve of creating a regenerative organization in line with its…
Premas Biotech announced the appointment of Saumen Chakraborty to the Premas Biotech Board of Directors, effective April 29 2022. “We are pleased to welcome Saumen Chakraborty to the Premas Biotech Board,” said Mr Avijit Das, Founder Chairman, Premas Biotech. “Saumen’s deep experience in global Pharma businesses with strong commercial and business insight will be invaluable to Premas as we grow our business…
Gemba Capital a micro venture capital firm said it has made a final close of Rs 75 crore for its maiden fund, according to ETtech report. Gemba had announced an inaugural corpus of $10 million (Rs 77.48 crore) in September last year, according to the statement. As much as 50% of the capital will be…
Prasad Vaze has been appointed as the Senior Director – Lubricants Business at Raj Petro Specialities Pvt Ltd., a Brenntag Group company. He will lead the comprehensive lubricants Business Units, including Speciality, Industrial and Automotive lubricant businesses, a statement said. Prasad Vaze is a result-oriented business leader with more than 25 years of extensive experience…
BHIVE.fund, an alternative investments wealthtech platform, has raised strategic investments from Gruhas Proptech, Blume Ventures, and other marquee investors. Gruhas was Co-founded by Nikhil Kamath of Zerodha and Abhijeet Pai of Puzzolana and is India’s largest proptech-focussed entity. Blume Ventures, a leading VC firm in the country today, counts multiple unicorns in its portfolio. “Nikhil and…
Colliers, a diversified professional services and investment management firm, announced the appointment of Surabhi Gupta as Senior Director and head of office services for North India to further strengthen its presence as one of the leading real estate consulting firms. With her high proficiency in business development, Gupta will aggressively support the acquisition of new clients and…
Route Mobile (UK) Limited (Route Mobile (UK), a wholly owned subsidiary of Route Mobile Limited (RML) one of the leading CPaaS (Communication Platform as a Service) providers to enterprises, over-the-top (OTT) players, and mobile network operators, has been listed as one of the top 3 fastest growing Indian companies in the United Kingdom (UK) in…
Coforge Limited announced the appointment of Mary Beth Boucher as Additional and Independent Director, with effect from May 7, 2022. According to the company’s exchange filing, “This is to inform that the Board of Directors of the Company vide its circular resolution dated May 07, 2022, appointed Ms. Mary Beth Boucher (DIN : 09595668) as…
Adani Airport Holdings Ltd (AAHL), a wholly owned subsidiary of Adani Enterprises Ltd, announced successful closure of funding of USD 250 Mn senior secured 3-year ECB facility from consortium of Standard Chartered Bank (SCB) and Barclays Bank PLC. The facility has an option to raise additional USD 200 Mn. The financing structure enables a scalable…
Dr. Pushp Kumar Joshi has taken charge as Chairman & Managing Director of Hindustan Petroleum Corporation Ltd (HPCL), a Maharatna Company on May 8, 2022. Prior to this Dr Joshi was Director-HR of the Corporation from August 01, 2012. Dr. Joshi is also holding the Additional charge of Director – Marketing of HPCL. During his…
Azure Power Global Limited (Azure), an independent sustainable energy solutions provider and renewable power producer in India, announced that Harsh Shah will be joining as the Chief Executive Officer, effective July 1, 2022. Shah was previously the Chief Executive Officer of IndiGrid, India’s first and largest Infrastructure Investment Trust (InvIT) in the Indian energy sector.…
Flipspaces, the global interior design tech venture has recently announced its expansion plans for India, UAE, and USA. With a current employee strength of 300, the company plans to grow its workforce by 3X by the year-end by providing opportunities across various corporate and technology verticals globally. The design and build business is showing remarkable…
Arun M. Kumar, a global executive with 40 years of experience spanning multiple sectors including technology, financial services, and government, is joining Celesta Capital as a Managing Partner. Along with the Celesta management team, Kumar will work with large institutional investors, government agencies, and technology leaders while leveraging his wealth of experience, specifically in the…