Category: News

Lupin appoints Diana Amador-Toro as SVP, Global Compliance

Global pharma major Lupin Limited (Lupin) announced the appointment of Diana Amador-Toro as Senior Vice President, Global Compliance. Diana will be responsible for leading Lupin’s Global Compliance function including Training, Internal Audit, and Investigations. She will be based in Lupin’s Somerset office in New Jersey, USA. Diana is a senior leader with more than 38…

Vishal Gupta joins TA Associates as Director in Mumbai

TA Associates, a global growth private equity firm, announced the recent hiring of Vishal Gupta as a Director in its Mumbai office. “We are pleased to expand TA’s investment team in Mumbai with the addition of Vishal,” said Dhiraj Poddar, head of TA Associates Advisory Pvt. Ltd. and a Managing Director at TA. “Vishal brings…

Infosys join hands with Nu Skin to drive social commerce-led transformation in the beauty and wellness sector

Infosys, a global digital services and consulting company, announced its collaboration with Nu Skin Enterprises, Inc., a global leader in beauty and wellness. Nu Skin will take advantage of the Infosys Equinox human-centric digital commerce platform to deliver engaging and innovative experiences for consumers and affiliates. The platform aims to help Nu Skin scale its…

Tata Elxsi expands presence in Kerala with a new state-of-the-art campus

Tata Elxsi, a design and technology service provider, announced its new technology development center in Thiruvananthapuram, in the Special Economic Zone of Kinfra Film & Video Park, Kazhakkuttom, Kerala. This new center is an independent LEED-certified green building comprising 9 floors, providing state-of-the-art labs for EV, Connected Car, OTT, 5G, and Digital technologies, and seating…

Mahindra Logistics appoints Ameet Hariani to its Board

Mahindra Logistics Limited announced the appointment of Ameet Hariani to its Board of Directors, with effect from May 1, 2022. According to the company’s exchange filing, “the Board of Directors of Mahindra Logistics Limited (“the Company”) at their meeting held today viz. 26 April 2022 have approved the appointment of Mr. Ameet Hariani (DIN: 00087866)…

CARE Ratings CEO Ajay Mahajan resigns, Mehul Pandya appointed interim CEO

Credit rating agency CARE Ratings Limited announced the resignation of Ajay Mahajan as Managing Director and Chief Executive Officer of the company, with effect from May 31, 2022. Mehul Pandya, Executive Director – Business Development, will be appointed as interim CEO, with effect from June 1, 2022. According to the company’s exchange filing, “we wish…

3i Infotech’s subsidiary makes strategic investments in Exium

3i Infotech Inc., USA, a step-down subsidiary of Mumbai-headquartered 3i Infotech Limited, a global Information Technology company, has announced a strategic investment in Exium, a pioneer in 5G powered Secure Access Services Edge (SASE) solutions, to help accelerate innovation in cloud-delivered security and digital experience. 3i Infotech will offer this as a premium security offering…

Atul Ltd appoints Pradeep Banerjee to its Board

Atul Limited, an integrated chemical company, announced the appointment of Pradeep Banerjee as an Independent Director of the company, with effect from May 1, 2022. According to the company’s exchange filing, “we wish to inform you that based on the recommendation of the Nomination and Remuneration Committee, the Board has appointed Mr Pradeep Banerjee (Director…

TA’ZIZ and Reliance Sign Shareholder Agreement for Ruwais Chemicals Project

Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and Reliance Industries Limited (RIL), India’s diversified conglomerate, have signed the formal Shareholder Agreement for the TA’ZIZ EDC & PVC project. The TA’ZIZ EDC & PVC joint venture will construct and operate a Chlor-Alkali, Ethylene Dichloride (EDC) and Polyvinyl Chloride (PVC) production facility, with a total investment…

Omaxe secures Rs 440 cr funding from Värde Partners

Omaxe, a real estate development company in India, said it has raised Rs 440 crore from Värde Partners, a global alternative investment firm. The company said it will deploy the funds for expediting construction and delivery of its projects as well as for expansion, a statement said. Omaxe Group is developing integrated townships in New…

Sopra Banking Software to double its headcount in India

Sopra Banking Software (SBS), a banking and specialised finance software company with headquarters in Paris, announced its ambitious plan: to strengthen its footprint and increase the overall investment in India. At the Coffee Connect meet that was organised at the Embassy of France in India in association with Business France India, in the presence of…

CACTUS acquires SaaS platform Mind the Graph

Cactus Communications (CACTUS), a technology company accelerating scientific advancement, announced its acquisition of Mind the Graph, a SaaS platform with the “world’s largest scientifically-accurate illustrations gallery.” This technology acquisition will enable CACTUS to provide automated, DIY science figures and AI-powered scientific communication solutions to the researcher community, academic publishers, and the life sciences industry, the statement said.…

Gameskraft appoints ex-Goibibo Techie Rahul Goyal as SVP of Engineering

Gaming company Gameskraft has appointed Rahul Goyal as the Senior Vice President of Engineering. Founded in 2017, the Bangalore-headquartered Gameskraft caters to mobile and web gaming platforms with a transparent and user-centric approach. With popular brands such as RummyCulture, Gamezy and Playship under its hat, the company is on a mission to build the most-loved…

Borosil Renewables to acquire 100% stake in Europe-based Interfloat Group

Borosil Renewables Limited (Borosil), a solar glass manufacturer in India, and the Interfloat group of companies (Interfloat) announced the signing of a binding cash and stock deal enabling BRL to acquire a 100% stake in the Interfloat Group. Interfloat Group consists of two companies – GMB Glasmanufaktur Brandenburg GmbH (GMB), based near Berlin, and Interfloat…

Shutterstock appoints Chief Marketing Officer and VP of Brand Marketing

Shutterstock, Inc., the global creative platform for transformative brands and media companies, announced Jason McClelland is joining the Company’s leadership team and Executive Committee as Chief Marketing Officer (CMO), and Christopher ‘Skip’ Wilson is joining as the Company’s Vice President of Brand Marketing. As CMO, Jason brings over two decades of experience, including leadership roles at SaaS…