Tanfac Industries Limited announced the appointment of Afzal Harunbhai Malkani to its Board of Directors, effective March 11, 2022. According to the company’s exchange filing, “The board of directors has approved appointment of Mr. Afzal Harunbhai Malkani (DIN: 07194226) as additional director of the Company, in the capacity of a Non-Executive and Non1 ndependent director…
Category: News
Torrent Power completes acquisition of Surya Vidyut Limited from CESC
by
•Torrent Power Limited announced it has completed transaction of acquisition of 100% Equity Share Capital of Surya Vidyut Limited (SPV), a wholly owned subsidiary of CESC Limited. Surya Vidyut operates 156 MW Wind power plants (the Projects), spread across the states of Gujarat, Rajasthan and Madhya Pradesh. Long-term Power Purchase Agreements (PPAs) for the Projects…
Pidilite appoints Manisha Shetty as Company Secretary and Compliance Officer
by
•Pidilite Industries Limited, an Indian adhesives manufacturing company, announced the appointment of Manisha Shetty as Company Secretary and Compliance Officer of the company, effective March 11, 2022. According to the company’s exchange filing, “please note that the Board of Directors of the Company has, at its meeting held today i.e. 11th March, 2022 appointed Ms.…
Chubb appoints Ketan Vaidya as Division President of North America Small Commercial Insurance
by
•Chubb, a global property and casualty insurance company, has expanded its commercial leadership team with the appointment of Ketan Vaidya as Division President of North America Small Commercial Insurance. In this new role, Vaidya will report to John Lupica, Vice Chairman, Chubb Group and President of North America Insurance, and have executive operating responsibility for Chubb’s insurance business that serves…
KukuFM raises $19.5 mn in Series B funding led by Krafton
by
•KukuFM, India’s subscription based digital audio platform, announced its USD 19.5 mn Series B fund raise led by South Korea’s Krafton yesterday. A&W Capital, an investment advisory firm focusing on the sports, gaming and digital media sectors, acted as the exclusive financial advisor to KukuFM on this marquee transaction, a statement said. The proceeds from the current…
Nazara commits Rs30 cr to Griffin Gaming Partners Fund II over next 3 years
by
•Nazara Technologies Limited, an India based, diversified gaming and sports media company and its wholly owned subsidiary Nazara Technologies FZ LLC (Nazara Dubai) announced investment in Griffin Gaming Partners (Griffin) Fund II, L.P as a Limited Partner in the Fund. Nazara Dubai is a Limited partner in Griffin Gaming Partners Fund II, L.P for a…
HT Media appoints Manhar Kapoor as General Counsel and Company Secretary
by
•HT Media Limited announced the appointment of Manhar Kapoor as General Counsel and Company Secretary, effective June 1, 2022. According to the company’s exchange filing, “This is to inform you that the Board of Directors of the Company at its meeting held today, i.e. 1 March, 2022 has approved appointment of Shri Manhar Kapoor as…
Dvara Solutions appoints former PiChain co-founder Shubhradeep Nandi as CEO
by
•Dvara Solutions, an integrated financial services technology platform provider, announced the appointment of Shubhradeep (Shubh) Nandi as CEO. A SaaS entrepreneur, Shubh is the co-founder of PiChain, a DeepTech Compliance SaaS Platform and was its CEO until 2021, a statement said. At Dvara Solutions, Shubh will be responsible for the strategic direction and execution of…
Safe Security appoints cybersecurity veteran Michael Johnson to its Board
by
•Safe Security, a global company in Cybersecurity and Digital Business Risk Quantification, announced the appointment of Michael Johnson, a veteran US government and commercial industry Chief Information Officer (CIO) and Chief Information Security Officer (CISO), to its Board of Directors. Johnson has been advising Safe Security since December 2020. Michael joined the Board of Directors of the…
AES appoints Susan Harcourt VP of Investor Relations; names Ahmed Pasha CFO of US Utilities & Conventional Generation
by
•The AES Corporation announced the appointment of Susan Harcourt as Vice President of Investor Relations, succeeding Ahmed Pasha who has been named Chief Financial Officer of the Company’s US Utilities and Conventional Generation. “Susan brings a deep knowledge of AES from her time as Chief of Staff to our President and CEO, Andrés Gluski, as well as her prior…
OneShield appoints Ranabir Dey to SVP of Cloud Engineering & Infrastructure
by
•OneShield Software announced the appointment of Ranabir (Ranny) Dey as Senior Vice President of Cloud Engineering and Infrastructure. Reporting to OneShield’s President & Chief Operating Officer Brandon Parker, Ranny will consolidate the company’s cloud offerings under a centralized cloud service operations and infrastructure group with a mandate to elevate OneShield’s public and private cloud and SaaS offerings for…
1908 E-ventures acquires personal care brand Coccoon
by
•1908 E-ventures Pvt Ltd (an Ador Group Enterprise) has acquired the personal care brand Coccoon. 1908 E-ventures Pvt Ltd. was founded and accelerated by the Ador Group, a 114-year-old diversified business Group. The diversified business Group has over forty years of experience in the manufacturing and distribution of skin care and personal care products, the statement said. 1908 E-ventures…
GlobalSpace appoints Girish Kasaragode Mallya to its Board
by
•GlobalSpace Technologies Limited announced the appointment of Girish Kasaragode Mallya as Additional Independent Director, effective March 9, 2022. According to the company’s exchange filing, “the Board at its meeting held yesterday i.e., Wednesday, March 09, 2022, at registered office of the company, inter alia, considered and approved the appointment of Mr. Girish Kasaragode Mallya (DIN:0009533336)…
Bayer to sell its Environmental Science Professional business to Cinven for $2.6 bn
by
•Bayer announced it has entered into a definitive agreement with Cinven regarding the sale of Bayer’s Environmental Science Professional business for a purchase price of $2.6 billion dollars (2.4 billion euros). “This divestment represents a very attractive purchase price and allows us to focus on our core agricultural business and the successful implementation of our…
Tata Steel Long Products acquires 93.71% equity stake in Neelachal Ispat Nigam Ltd
by
•Tata Steel Long Products Limited (TSPL) announced the acquisition of 93.71% equity shares in Neelachal Ispat Nigam Limited (NINL), effective March 10, 2022. According to the company’s exchange filing, “This is to inform you that, Tata Steel Long Products Limited (‘TSLP’) and Tata Steel Limited (‘TSL’) have today, i.e. March 10, 2022, executed a Share…