Category: News

Tarini Mohanty appointed Director – Mining at Balasore Alloys

Balasore Alloys Limited announced it has appointed Tarini Mohanty as Director – Mining, effective March 14, 2022. Sanjay Gupta, Director – Finance and Chief Financial Officer, has resigned from the role, with effect from March 14, 2022. Balasore Alloys, formerly Ispat Alloys Limited is part of the Ispat group of Companies, a major business house in…

HCL Technologies and NEORIS sign agreement for integrated IT services

HCL Technologies (HCL), a global tech company, announced it has signed a collaboration agreement with NEORIS, a global digital accelerator that co-creates disruptive solutions for digitally aspirational companies. The agreement will bring unique capabilities to clients in global markets, including the ability to increase application usage time, business management operations and integrated IT services, the…

Manorama Industries announces board appointments

Manorama Industries Limited announced it has re-appointed Vinita Saraf as Chairperson and Managing Director of the company, effective April 1, 2022. Kedarnath Agarwal, Director (Executive), has been re-designated as Director (Non-Executive) of the Company and Gautam Kumar Pal who is currently holding office as Director (Executive), is appointed as a Whole Time Director of the…

Canara Bank appoints Dibakar Prasad Harichandan to its Board

Canara Bank announced it has appointed Dibakar Prasad Harichandan to its Board of Directors, effective March 21, 2022. According to the company’s exchange filing, “the Central Government has nominated Shri Dibakar Prasad Harichandan (DoB: 08.07.1970) as part-time non-official director on the Board of Directors of Canara Bank, for a period of three years from the…

Nat (Rajesh) Natarajan named Chief Product and Strategy Officer at Globalization Partners

Globalization Partners, the Global Employment Platform, announced the appointment of Nat (Rajesh) Natarajan as its new Chief Product and Strategy Officer.  As a key member of the leadership team, Natarajan will report to Globalization Partners’ President, Bob Cahill, driving G-P’s innovation strategy, product vision, and roadmap and will play an essential role as G-P continues to build innovative world-class products…

Hindustan Petroleum appoints Rajneesh Narang as Director (Finance)

Hindustan Petroleum Corporation Limited announced the appointment of Rajneesh Narang as Director (Finance), effective March 21, 2022. According to the exchange filing, the company said, “we write to inform that in terms of MoP&NG letter Ref. No. CA-31017/4/2019-PNG (31765) dated March 21 , 2022, Shri Rajneesh Narang (DIN 08188549) has been appointed on the Board…

Flexsys appoints Sandip Tyagi as CEO

Flexsys, a critical specialty chemicals provider for the tire industry, announced it has named Sandip Tyagi as Chief Executive Officer, effective April 4, 2022. Flexsys is the former tire additives business of Eastman Chemical Company and was acquired in November 2021 by an affiliate of One Rock Capital Partners, LLC (One Rock), an operationally focused private equity firm. In…

Ola Electric makes a strategic investment in Israel-based StoreDot

EV manufacturer Ola Electric has invested in Israeli battery technology company StoreDot, a pioneer of Extremely Fast Charging (XFC) batteries. The investment in StoreDot is the first of several global strategic investments planned by Ola Electric as it seeks to leverage its core R&D in advanced cell chemistry and manufacturing, as well as other battery…

Calligo Technologies secures investment from UST and KITVEN Fund

UST and Karnataka Information Technology Venture (KITVEN), through its Semi-Conductor Venture Fund and SFAL have jointly invested in Calligo Technologies for developing a Posit enabled RISC-V multicore processor (System-on-chip) to power accelerator boards targeting HPC & AI segments under ‘Make in India’ initiative. Commenting on the innovative product development, Gilroy Mathew, VP & Global Head of Semiconductor Engineering, UST,…

ElectricPe appoints Krishnan Sekar as COO

EV charging platform ElectricPe has appointed Krishnan Sekar as COO to help expand ElectricPe’s footprint across India and global markets. This announcement comes on the back of the company’s recent partnership announcement with proptech unicorn, NoBroker, to set up 100,000 charging points this year, the statement said. Speaking on this leadership addition, Avinash Sharma, Co-Founder &…

TCS and IIT Madras partner to launch M Tech program in Industrial Artificial Intelligence

Tata Consultancy Services (TCS) has partnered with the Indian Institute of Technology Madras (IIT M) to launch a M Tech program in Industrial Artificial Intelligence (AI) for working professionals. The 18-month-long course, designed in consultation with TCS, will be offered by IIT M in a completely online live teaching mode through virtual classrooms. The course…

enVerid Systems announces expansion into India

enVerid Systems, a sustainable indoor air quality solutions provider, announced an expansion of its international presence into the important Indian market through a new partnership with Kirloskar Chillers. Kirloskar Chillers is part of the Kirloskar Group, one of the earliest and largest industrial groups in India. Under the agreement, Kirloskar Chillers will be the exclusive Indian distributor of…

Indiassetz plans to go on a hiring spree, to hire 250 employees across major cities

Indiassetz, a real estate wealth-tech platform, announced is all set to hire at least 250 people in the current fiscal year. The appointments will be spread throughout various levels of the hierarchy in roles such as Distribution Networking, IT and Production, Research Analysis, and Structured Transaction Teams. The proceedings of the offline recruitments are taking place…

BHEL appoints Upinder Singh Matharu as Director (Power)

Bharat Heavy Electricals Limited (BHEL) announced it has appointed Upinder Singh Matharu as Director (Power) of the company, with effect from March 21, 2022. According to the company’s exchange filing, “it is informed that Shri Upinder Singh Matharu has been appointed as Director (Power) on the Board of BHEL w.e.f. 21.03.2022, till 31.08.2023 i.e. the…

Union Bank of India appoints Laxman S Uppar to its Board

Union Bank of India announced it has appointed Laxman S. Uppar as Director on the company’s Board, effective March 21, 2022. According to the exchange filing, “we wish to inform you that the Central Government vide notification no. F. No. 6/6/2021-BO.I dated March 21, 2022 has nominated Shri Laxman S. Uppar as the Part-time Non-Official…