The Board of Godrej Properties Ltd. (GPL) announced it has approved a potential investment in DB Realty Limited (DBR) and also the setting up of a special purpose vehicle along with DBR to jointly undertake slum rehabilitation and MHADA redevelopment projects. GPL will subscribe to warrants convertible into Equity Shares aggregating to approximately 10% of…
Black Rose Industries Limited announced the appointment of Ambarish Daga, General Manager – Corporate Operations, as Joint Chief Financial Officer and Investor Relationship Officer, effective from February 3, 2022. “This is to inform you that at the Meeting of the Board of Directors held today, Mr. Ambarish Daga, General Manager – Corporate Operations has been…
Etrio Automobiles, an electric vehicle manufacturing company, announced it has roped in Kalyan C Korimerla as Managing Director and Co-Promoter of the company. Korimerla will now be a part of Etrio’s Promoters Group as well as its Board of Directors. Under Korimerla’s leadership, Etrio will transform itself from a startup into a mature and robust…
Proptech startup POPT said it has raised $2 million in pre-Seed funding round mainly from MRW Ventures, a Canada-based angel investors, and Riar Holdings, according to PTI report. Seven other Indian angel investors also participated. Founded by Manpreet Singh in December 2021, POPT is bringing tech solutions in the real estate sector to help buyers,…
Dr. Reddy’s Laboratories Ltd. announced that it has entered into a definitive agreement to acquire Nimbus Health GmbH (Nimbus Health). Nimbus Health is a privately owned, licensed pharmaceutical wholesaler from Germany focusing on medical cannabis in Germany. Dr. Reddy’s will acquire Nimbus Health for an upfront payment plus performance and milestone-based earn-outs over the next…
Coromandel International Limited, a company that provides agri-solutions provider, announced the appointment of Sudarshan Venu, Joint Managing Director of TVS Motor Company Limited, to its Board of Directors, effective February 3, 2022. “The Board of Directors at its meeting held today, i.e., February 03, 2022, approved the appointment of Mr. Sudarshan Venu (DIN: 03601690) as…
Tata Power, India’s integrated power company, and Apollo Tyres Ltd, a tyre manufacturer company in India, have announced a strategic partnership for the deployment of public charging stations across India. These charging stations will be deployed at Apollo Tyres’ Commercial and Passenger Vehicle Zones spread across the country. Tata Power has a presence across all…
UST, a digital transformation solutions company, announced that it has acquired Accrete Hitech Solutions, a consulting and outsourcing company that provides information technology and engineering services focusing on hi-tech, semiconductor, and networking. UST is a leader in the product engineering space, and this acquisition will further add scale and depth into the digital product engineering portfolio…
Brightcove Inc., the global leader of video for business, announced it has acquired Wicket Labs, an audience insights company that gives users visibility into content and subscriber analytics. Brightcove’s intelligent video platform enables customers to deliver broadcast-quality video to viewers around the world and measure its effectiveness with comprehensive, real-time analytics, including video and viewer…
Tata Consultancy Services (TCS) announced plans to expand its operations in New Jersey by hiring nearly 1,000 additional employees by the end of 2023 to meet the growing needs of customers to digitally transform their businesses. To nurture a pipeline of local IT talent for the state, TCS will also grow the reach of its…
Rupendra Paliwal, Ph.D., an experienced university provost and executive leader, has been named Bryant University Provost and Chief Academic Officer following a national search. Dr. Paliwal joins the leadership team of Bryant University President Ross Gittell, Ph.D., and will serve in a key role central to advancing initiatives of the Bryant’s bold Vision 2030 strategic plan, a statement said. Dr.…
Mahindra & Mahindra Finance Limited announced the appointment of Siddhartha Mohanty as Non-Executive Non-Independent Director on the Board of the company, effective April 1, 2022. “The Board of Directors of the Company, at their Meeting held today i.e. on 2″ February 2022, have approved and recommended the proposal for appointment of Mr. Siddhartha Mohanty (DIN:…
Welspun Enterprises Limited, a part of the Welspun Group, is an infrastructure development company, announced the appointment of Ajay Hans as Managing Director and Chief Executive Officer of the company, with effect from April 1, 2022. He succeeds Sandeep Garg, who resigned from the role of Managing Director and CEO, effective from March 31, 2022.…
Personal finance portal MoneySmart has appointed Tina Sharma as the Head of People. In her new role, Sharma will be responsible for driving the company’s global People strategy. Previously, Sharma was associated with State Bank of India, Singapore for almost 11 years, most recently as Senior Vice President and Head – Human Resources. She has…
Balancehero India Private Limited (BHI), the wholly-owned subsidiary of Balancehero Co. Ltd., Korea which runs and operates “True Balance”, (the RBI-authorised PPI issuing entity and emerging lending platform), announced the appointment of senior financial services and fintech leader, Souparno Bagchi, as its Chief Operating Officer (COO). During a career spanning over two decades, Bagchi held various leadership positions at Deloitte, Goldman…