Category: News

Pritish Nandy Communications appoints Neerja Shah to its Board

Pritish Nandy Communications Limited announced the appointment of Neerja Shah as an Additional Independent Director on the Board of the company, effective February 23, 2022. According to the company’s exchange filing, “In compliance with Regulation 17( J )(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 the Company has appointed Neerja Shah as an…

Gurugram-based agritech startup Krishify raises $3.5 mn in funding

Agritech startup Krishify said it has raised USD 3.5 million from investors to grow its business across the country, according to PTI report. In August last year, the company had raised USD 2.7 million in a pre-Series A funding round led by Omidyar Network India, Ankur Capital and Orios Ventures. The company said in a…

Wipro to open workplace experience centre in Munich

Wipro Limited, a global information technology, consulting and business process services company, announced the upcoming launch of its Workplace Experience Centre in Munich. This centre is part of Wipro’s ongoing investment into Germany and will be opened in spring 2022 to give businesses across Europe access to a suite of technologies designed to explore digital…

Lupin appoints Dr. Fabrice Egros as President, Corporate Development & Growth Markets

Global pharma major, Lupin Limited (Lupin) announced changes to its executive team with Dr. Fabrice Egros assuming responsibilities for Global Corporate Development as President, Corporate Development and Growth Markets. Dr. Egros takes over the Corporate Development role from Alan Butcher departing from the Company on February 28, 2022. Dr. Egros will lead the development and…

Xoxoday raises $30mn from Giift and Apis Partners

Giift, a provider of loyalty management solutions, around the globe and Apis Partners, an ESGI-native global private equity and venture capital asset manager, backed by Apis Growth Fund II, a private equity fund managed by Apis Partners LLP, announced that it has acquired a significant strategic interest in a fintech startup Xoxoday. The partnership included…

Sanjay Khanna appointed Director (Refineries) at Bharat Petroleum

Bharat Petroleum Corporation Limited, an Indian government-owned oil and gas corporation, announced the appointment of Sanjay Khanna as Additional Director and Director (Refineries), with effect from February 22, 2022. According to the company’s exchange filing, “we hereby inform you that Shri Sanjay Khanna, ED(ln-Charge) Refineries has been appointed as additional Director and Director (Refineries) by…

Former DailyHunt exec Umesh Kulkarni joins EnrichVideo as CTO

EnrichVideo, a company that provides customer engagement technologies for the financial services industry, announced that Umesh Kulkarni has joined as Chief Technology Officer (CTO). Umesh is an industry veteran with over 25 years of experience and has led technology and product teams in diverse areas from datacom, mobility to consumer apps. In his new role…

Tata Power ranks among top 20 companies under the Indian Corporate Governance Scorecard 2021

Tata Power announced it has been ranked among the top 20 companies in Indian Corporate Governance Scorecard for FY 21. The Scorecard has been developed by the Institutional Investor Advisory Services India Limited (IiAS) with support from the International Finance Corporation (IFC) and BSE Limited. Speaking on the achievement, Dr. Praveer Sinha, CEO & MD,…

S K G Rahate appointed Chairman & MD of REC Ltd

REC Limited announced the appointment of S K G Rahate as Chairman and Managing Director of the company, effective February 22, 2022. According to the company’s exchange filing, “In terms of Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015, it is informed that Ministry of Power, Government ofIndia vide Order dated…

Real estate buying platform Blox appoints Amit Goel as CTO

Real estate buying platform, Blox, has appointed Amit Goel as its Chief Technology Officer. In this new role, Goel will overcome the regulatory industry with RERA and other compliances which brings its own challenges to remain compliant, according to a statement. Goel has architected and implemented Semantic Search (AI) based products from scratch for three…

Indian Oil Corporation appoints Sujoy Choudhury as Director (Planning & Business Development)

Indian Oil Corporation Limited announced the appointment of Sujoy Choudhury as Director (Planning & Business Development), with effect from 23 February, 2022. According to the company’s exchange filing, “it is hereby informed that in terms of MOP&NG’s letter ref. no. CA31015/7/2019-PNG (31776) dated 21% February 2022, Shri Sujoy Choudhury (DIN-09503285) has been appointed on the…

Mahindra CIE Automotive appoints Puneet Renjhen as Additional Director, Hari Krishnan as CEO – Forgings & Billforge Division

Mahindra CIE Automotive Limited, a multi-technology automotive components supplier, announced the appointment of Hari Krishnan as Chief Executive Officer – Forgings & Billforge Division, and Puneet Renjhen as Additional Director of the company, effective February 22, 2022. According to the company’s exchange filing, “The Board of Directors, on recommendation of the Nomination and Remuneration Committee,…

Taro to acquire Alchemee from Galderma

Galderma and Taro Pharmaceutical Industries Ltd. (Taro) announced they have signed a definitive agreement for Taro to acquire Alchemee, formerly The Proactiv Company (TPC}, from Galderma. The agreement between Galderma and Taro includes Alchemee’s business and assets around the world, including the Proactiv brand. “We are excited to add Proactiv to Taro’s broad portfolio of…

Crompton Greaves Consumer Electricals Ltd. acquires controlling stake in Butterfly Gandhimathi Appliances Ltd

Crompton, an electrical consumer durables company in India, announced that it has signed definitive agreements on February 22, 2022 to: (a) acquire upto 55% stake in Butterfly, a company engaged in the manufacturing, marketing and distribution of kitchen and small domestic appliances (SDA), at a price of INR 1,403.00 per equity share, and (b) Trademarks…

Wipro Ventures announces investment in vFunction

Wipro Limited, a global company in information technology, consulting and business process services, announced that it has formed a joint go-to market partnership with vFunction, a Palo Alto-based startup that has developed a scalable, AI-based technology platform for modernizing Java applications and accelerating migration to the cloud. The partnership will strengthen Wipro FullStride Cloud Services’…