Category: News

New Street Technologies appoints Arun Prasad G as COO

Blockchain firm New Street Technologies has appointed Arun Prasad G as Chief Operating Officer. In his new role, Prasad will scale up the operations of New Street Technologies in the BFSI sector. Prasad has over 27 years of experience in the Financial Services Industry. He started his career in 1994 working across organisations in the…

Senior finance exec Nandu Kuppuswamy joins 3Lines Venture Capital as Partner & COO

Nandu Kuppuswamy, CFA, the former Head of Investor Relations at Sandstone Capital, has joined 3Lines as a partner and Chief Operating Officer. Nandu has over 20 years of experience leading strategic initiatives across finance, investment management and investor relations. He has led fundraising and investor relations at various alternative investment managers including Kotak Mahindra (a multi-billion…

Jio Platforms, SES enter JV to deliver satellite-based broadband services across India

Jio Platforms Limited (JPL), India’s digital service provider, and SES, a global satellite-based content connectivity solutions provider, announced the formation of a joint venture – Jio Space Technology Limited – to deliver the next generation scalable and affordable broadband services in India leveraging satellite technology. JPL and SES will own 51% and 49% equity stake…

Black Box acquires Dragonfly Technologies

Black Box Limited (formerly AGC Networks Limited), an IT solutions provider, announced that it has completed the acquisition of Dragonfly Technologies through its indirect wholly-owned subsidiary – Black Box Technologies Australia Pty Ltd. Dragonfly is Australia’s leading cyber security, enterprise networking and automation focused technology provider. With deep expertise and an enviable reputation as a…

Poonawalla Fincorp reinstates Abhay Bhutada as Managing Director

Poonawalla Fincorp announced it has reinstated Abhay Bhutada as Managing Director of the company, effective February 12, 2022. “The Board of Poonawalla Fincorp Limited at its meeting held earlier today reinstated Mr. Abhay Bhutada as its Managing Director with effect from 12 February 2022, ” the exchange filing said. Bhutada had stepped down on his…

Bosch Global Software Technologies expands its footprint in India; launches center in Hyderabad

Bosch Global Software Technologies (BGSW), formerly known as Robert Bosch Engineering and Business Solutions, one of the world’s leading global suppliers of technology and software services, announced the launch of its new center in Hyderabad. BGSW is the largest software and technology center for Bosch outside Germany with a delivery & sales network across several…

POWERGRID Unchahar Transmission appoints Onkarappa KN and Ram Naresh Tiwari to its Board

POWERGRID Unchahar Transmission Limited announced the appointment of Onkarappa KN and Ram Naresh Tiwari to its Board of Directors, effective February 11, 2022. According to the company’s exchange filing, “We wish to inform that the Ministry of Power (“MoP”) vide respective orders No. 25-11/23/2019-PG each dated February 10, 2022, has conveyed the appointment of Shri…

Karur Vysya Bank names Ramshankar R as CFO

Karur Vysya Bank announced the appointment of Ramshankar R as Chief Financial Officer of the bank, effective February 11, 2022. According to the company’s exchange filing, “In continuation to our letter dated 09.12.2021, we advise that, Shri Ramshankar R has taken charge as the Chief Financial Officer & Key Managerial Personnel of the Bank today…

Tanuj Krishna Sahgal appointed CFO at Futuristic Solutions

Futuristic Solutions Limited announced the appointment of Tanuj Krishna Sahgal as Chief Financial Officer of the company, effective February 11, 2022. According to the company’s exchange filing, “we would like to inform you that, the Board of Directors of the Company at its meeting held on February 11, 2022 have approved the appointment of Tanuj…

R Gopalan appointed as Chairman of the Board of Sundaram-Clayton

Sundaram-Clayton Limited (SCL), an auto component manufacturing and distribution group, announced R Gopalan, Non-Executive Independent Director of the Company as Chairman of the Board effective April 01, 2022.  Gopalan has rich experience in the economic and financial administration of the country with long stints in the Ministry of Commerce and Finance, and the Manufacturing and Service Sectors,…

Shilpa Biologicals partners with Mylab to expand its footprint into vaccine and personalised therapeutics business

Mylab Discovery Solutions, a diagnostic solutions provider, announced its foray into the vaccine and therapeutics segment with its strategic tie-up with Shilpa Biologicals Pvt Ltd (a 100% subsidiary of Shilpa Medicare Ltd), a specialist manufacturer of vaccine and wide variety of biologicals. Starting with Covid-19 vaccine manufacturing opportunity, the parties plan to strengthen the relationship…

Alstom in India to expand its talent pool by 15% in 2022

Alstom, a mobility solutions provider in India, announced it has plans to add 15% additional workforce to its talent pool by the end of 2022. Further, the global Top Employers institute has re-certified Alstom as a Top Employer 2022 in the country and Asia-Pacific region along with Europe, North America and 13 other countries. Being the…

Universal Cables re-appoints Y.S. Lodha as Managing Director and CEO

Universal Cables Limited, a cable manufacturing company in India, announced the re-appointment of Y.S. Lodha as Managing Director and Chief Executive Officer of the company, effective February 10, 2022. According to the company’s exchange filing, “Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors has re-appointed Shri Y.S.Lodha (DIN: 00052861)…