Chennai-based Vivriti Capital announced it has raised $55 million funding from some of its existing investors, Lightrock India and Creation Investments in a new funding round. With this latest round of funding, Vivriti Capital has cumulatively raised $165 million since inception. Both Lightrock India and Creation have already participated in the Series A and Series…
ReshaMandi, a digital ecosystem for natural fibre supply chain, has announced the appointment of Ritesh Kumar Talreja as its Chief Financial Officer, effective March 21. In his new role, Talreja will lead the company’s finance function where he will manage Corporate Development from a debt raising and M&A standpoint, according to a statement. Talreja has…
Kalyan Jewellers India Limited announced board approval for the appointment of Vinod Rai as the Chairman and Independent Non-executive Director on the Board of the Company. TS Kalyanaraman will continue as Managing Director on the Company’s board. Vinod Rai was the Former Comptroller and Auditor General of India and the former Chair of the United…
Aster DM Healthcare, one of the largest integrated healthcare providers in GCC and India, has signed a Memorandum of Understanding with The Government of Tamil Nadu, India to set up healthcare facilities in the State. The MoU was presented by Dr. Azad Moopen, Founder Chairman and Managing Director, Aster DM Healthcare, who met Shri M.K…
The Board of Directors of PVR Limited (PVR) and the Board of Directors of INOX Leisure Limited (INOX) have approved an all stock amalgamation of INOX with PVR. The amalgamation is subject to approval of the shareholders of PVR and INOX respectively, stock exchanges, SEBI and such other regulatory approvals as may be required. Upon…
Dish TV India Limited, a direct broadcast satellite service provider in India, has re-appointed Jawahar Lal Goel as Managing Director of the company, effective April 1, 2022. Anil Kumar Dua has also been re-appointed as Whole-time Director on the board of the company, effective March 26, 2022. Jawahar Lal Goel has been actively involved in the creation…
HMT Limited announced the appointment of Vijay Mittal as Part-time Official Director on the board of the company, effective March 25, 2022. He succeeds Jeetendra Singh, Joint Secretary, who ceased to be Director on the Board of the company, with effect from March 25, 2022. According to the company’s exchange filing, “it is informed that…
Nandan Denim Limited announced the appointment of Mehul Shah as Chief Financial Officer of the company, with effect from March 26, 2022. According to the company’s exchange filing, it stated, “the Board of Directors has considered and approved the appointment of Mr. Mehul Shah as Chief Financial Officer.” Mehul Shah is a Chartered Accountant and…
Hindustan Copper Limited announced it has appointed Sanjiv Kumar Singh, General Manager of NTPC Ltd., as Director (Mining), effective March 26, 2022. According to the company’s exchange filing,”The Ministry of Mines, Government of lndia vide Order No. Met.3- 10/ 1 /2020-Meta[ lll dated 22.3.2022 (copy enctosed) has appointed Shri Sanjiv Kumar Singh, Additional General Manager,…
Nxtra Data Limited, a subsidiary of Bharti Airtel, announced it has acquired 11.334% equity stake in Avaada KNShorapur, a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant, in terms of the regulatory requirement for captive power consumption under electricity laws. According to the exchange filing, “we wish to…
iStreet Network Limited announced the appointment of Pragya Jain as Chief Financial Officer of the company, effective March 25, 2022. According to the company’s exchange filing, “Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 this is inform you that the Board of Directors of the Company has appointed Ms.…
Indraprastha Gas Limited has appointed Sanjay Kumar as Managing Director of the company, effective March 25, 2022. He succeeds A. K. Jana, who has resigned from the role of Managing Director and Director of the company, effective immediately. According to the company’s exchange filing, it said, “This is inform that Shri Sanjay Kumar has been…
MedPiper, a Y-Combinator and MeITy, Govt of India backed healthcare company, has acquired MedWriter, an AI writing assistant for doctors. MedWriter is a product designed and built by Lonere Labs, a Bangalore-based product lab run by Abhijeet Katte. The move is in line with MedPiper’s focus to enable healthcare practitioners to express themselves better in the…
Emami Limited announced the acquisition of Dermicool, one of the leading brands in Prickly Heat Powder and Cool Talc category from Reckitt for a total consideration of? 432 crores excluding taxes & duties. The acquisition is funded through internal accruals and is subject to customary closing conditions. The brand is popular for providing cooling and…
Tango Card, a leading digital rewards and incentives provider, announced the appointment of Sheila Bijoor as its first full-time Chief Product Officer. Bijoor brings years of deep and relevant domain experience and unique product collaboration background that has become so necessary in nimble, fast moving payments companies today, a statement said. Prior to Tango Card, Bijoor…