Category: News

Delta Capita announces expansion plans, opens office in Bangalore

Delta Capita (the financial services division of Prytek) has chosen Bangalore as the location of choice for its expanding international reach. Delta Capita ‘s Bangalore office has opened in Karnataka and has a team of 21 people, which is expected to double by June. The new office will support Delta Capita’s CLM (Client Lifecycle Management) managed services business and plans…

Max Financial Services appoints Amrit Singh as Chief Financial Officer

Max Financial Services Limited announced the appointment of Amrit Singh as Chief Financial Officer of the company, with effect from May 1, 2022. He succeeds Mandeep Mehta, who has resigned from the role of CFO to pursue other career options. According to the company’s exchange filing, “Considering the synergy between the finance role at the…

CMS Info Systems re-appoints Tapan Ray to its Board

CMS Info Systems Limited, a Cash Management and Payment Solutions company, announced the re-appointment of Tapan Ray to its Board of Directors, effective April 9, 2022. According to the company’s exchange filing, “we wish to inform you that the Board of Directors of the Company vide circular resolution passed on April 5, 2022, approved the re-appointment…

BFHL, GIC and ChrysCapital consortium set to acquire IDFC AMC

IDFC Limited (IDFC) and a consortium comprising Bandhan Financial Holdings Limited (BFHL), GIC (GIC) and ChrysCapital (CC) have entered into a definitive agreement to acquire IDFC Asset Management Company Limited (IDFC AMC) and IDFC AMC Trustee Company Limited from IDFC Limited, for a consideration of INR 4,500 crore subject to receipt of necessary regulatory approvals…

Blue-collar recruitment platform WorkIndia raises funding from PERSOL Group

Blue-collar job portal WorkIndia has recently raised funding led by PERSOL Group, one of the major comprehensive human resources service providers in APAC region. The fresh capital intends to expand WorkIndia’s superior product across PERSOL’S operations in 13 countries and regions globally, a statement said. Incepted in 2015, WorkIndia is the brainchild of Moiz Arsiwala, Kunal…

M2P Fintech appoints Sriram KS as Head of Engineering, Sujay Vasudevan as Head of Risk & Compliance

M2P Fintech, Asia’s largest API infrastructure company, has named two seasoned professionals to key leadership positions. The company appointed Sriram KS as Head of Engineering and Sujay Vasudevan as Head of Risk & Compliance.  These appointments to the leadership team will further strengthen the technology leadership capital of the company and help realise its vision to be…

Addverb Technologies strengthens global expansion, announces key leadership appointments

Addverb Technologies, a Robotics and Automation company, announces key appointments in the international leadership team to accelerate its global expansion and enhance competitive positioning. The company has appointed Tapan Pattnayak as Director, System Architecture and Brajesh Jha as Head HR – International & Corporate for Global Operations.  These hires come in the backdrop of Addverb’s recent global expansion across…

IndiGo appoints Mahesh Malik as CCO of cargo division

IndiGo, India’s domestic airline, has appointed Mahesh Malik as the Chief Commercial Officer of its cargo division. Malik will take charge of the division — which is called “CarGo” — on May 15, the airline mentioned in a statement, according to PTI report. Mahesh Malik, in his last assignment, was the cargo general sales and service…

iPiD appoints Asit Oberoi as South Asian Regional Director

Fintech startup iPiD has appointed Asit Oberoi as Regional Director to helm the South Asian operations. A consummate financial services professional by qualification and with over 30 years of experience in top-notch financial institutions at various senior positions, Asit has a proven track record of major responsibilities at senior positions in organisations such as Yes…

Sanjeeb Mohanty appointed to Garden Reach Shipbuilders & Engineers Board

Garden Reach Shipbuilders & Engineers Limited (GRSE) announced the appointment of Sanjeeb Mohanty as Independent Director on the board of the company, effective April 6, 2022. According to the company’s exchange filing, “we would like to inform that in pursuance to Ministry of Defence letter No. 11 (70)/2021/Misc./D(NS) dated 25 March, 2022, the President of…

Duroflex Group appoints Vipin Rustagi as CIO

Duroflex Group has appointed Vipin Rustagi, General Manager – IT at Page Industries, as its new Chief Information Officer. He will directly report to Mathew Chandy, MD Duroflex Group. In this new role, Vipin will lead the Digital and IT team and will work on expanding it. He will also be responsible for setting up…

Saregama India appoints Pankaj Chaturvedi as Chief Financial Officer

Saregama India Limited announced the appointment of Pankaj Chaturvedi as Chief Financial Officer of the company, effective April 11, 2022. According to the company’s exchange filing, “We write to inform you that the Board of Directors of the Company at its Meeting held today, i.e. 6 th April, 2022, has inter alia, approved the appointment…

Dr Reddy’s appoints Dr Anish Agarwal as Head of Analytics

Dr Reddy’s Laboratories has appointed Dr. Anish Agarwal as Head of Analytics. Most recently, he served NatWest Group as Director, Data & Analytics. Agrawal had joined NatWest in 2014 as Vice President & Head of operations- Front Office Analytics and made his way to Director of Data & Analytics in 2016. In his new role,…

Accenture invests in Good Chemistry Company

Accenture has made a strategic investment, through Accenture Ventures, in Good Chemistry Company, a company that uses quantum chemistry, machine learning and quantum computing to accelerate new materials design. The Good Chemistry Company platform, QEMIST Cloud, combines cloud, AI, and quantum computing in an integrated platform designed for developers. The platform’s engine enables faster, more accurate, and scalable ways…

Adani Enterprises acquires minority stake in Israel-based Forsight

Adani Enterprises Limited announced the acquisition of minority stake in Forsight Robotics Limited. Incorporated in 2020, Forsight Robotics develops a surgical robotic platform to deliver high precision and cost-effective vision-saving surgery. According to the company’s exchange filing, “we would like to inform you that Adani Global Limited., Mauritius a Wholly Owned Subsidiary of the Company,…