UPL Limited, a producer of crop protection products, intermediates, specialty chemicals and other industrial chemicals, announced it has acquired additional 11.67% equity shares in Weather Risk Management Services Private Limited for Rs 1.18 crores. Weather Risk Management Services Private Limited (WRMS) was incorporated in 2004 in India. It is a deep tech Company focusing on agriculture…
Majestic Auto Limited announced the appointment of Dinesh Pandey as Company Secretary and Compliance Officer, effective February 01, 2022. According to the company’s exchange filing, “the Board of Directors of the Company at their meeting held today i.e. Monday, January 31, 2022, have approved the appointment of Mr. Dinesh Pandey (ICSI Membership No. A26766) w.e.f.…
causaLens, the London deep tech company delivering the future of AI, has raised a $45m Series A round. The round was led by Dorilton Ventures and Molten Ventures, with sizable participation from existing investors Generation Ventures and IQ Capital. GP Bullhound and others also joined the round, which was oversubscribed. Daniel Freeman of Dorilton Ventures has joined causaLens’s board of directors. Since emerging…
Hinduja Global Solutions Ltd. (HGS) has announced that its subsidiary, HGS International Mauritius, has entered into a definitive agreement to acquire 100% equity stake in Diversify Offshore Staffing Solutions Pty Ltd. (Diversify), Australia. Diversify is an Australian enterprise, providing value-added BPM services, with delivery operations in Philippines. It provides differentiated consumer engagement solutions to its impressive roster…
Sony Pictures Networks India’s (SPNI) Managing Director & CEO, N.P. Singh, was conferred the Media Personality of the Year award at the Governance Now Visionary Awards 2021. The award was bestowed upon him by chief guest Shri. Kiren Rijiju, Honorable Union Minister of Law and Justice at a virtual ceremony organised by Kailashnath Adhikari, MD, Governance Now.…
Motherson Sumi Systems Limited announced the appointment of Veli Matti Ruotsala and Robert JosephRemenar to its Board of Directors, effective January 28, 2022. Also, Kunal Malani has been appointed as the new Chief Financial Officer, effective January 28, 2022. He succeeds G.N. Gauba, who has resigned from the role. Matti Ruotsala, is an industry veteran…
Adani Ports & Special Economic Zone Limited announced the acquisition of 100% stake in Seabird Distriparks (Krishnapatnam) Private Limited (“Seabird Distriparks”). According to the company’s exchange filing, “We would like to inform that the Adani Krishnapatnam Port Limited, wholly owned subsidiary of the Company has signed Share Purchase Agreement on January 28, 2022 with Seabird…
Crompton Greaves Consumer Electricals Limited announced the appointment of Hiroo Mirchandani to its Board of Directors, effective January 28, 2022. According to the company’s exchange filing, “we inform you that the Board of Directors in their Meeting held today i.e. January 28, 2022 through Video Conferencing which commenced at 12:14 P.M. (1ST) and concluded at…
International Conveyors Limited announced the appointment of P S Deshpande and Jayanthi Talluri to its Board of Directors, effective January 27, 2022. According to the company’s exchange filing, “we wish to inform you that based on the recommendation of Nomination & Remuneration Committee, the Board of Directors at their meeting held on January 27, 2022…
Engineering Analytics platform, Hatica has emerged from stealth with a $900,000 pre-seed funding, led by Kae Capital and followed by Titan Capital, iSeed Ventures, and angel investor GBS Bindra (CEO of Charmboard). Hatica was founded by former Uber engineers Naomi Chopra and Haritabh Singh, who incubated the idea as part of the Accel Founderstack Program. Hatica, a…
Suki, the leader in voice artificial intelligence (AI) technology for health care, announced the appointment of Eric Grosse as its first president. Reporting to CEO Punit Singh Soni, the industry-recognized technology executive and entrepreneur brings a strong track record of success to Suki and will help scale and position the company for its next phase…
Dr. Reddy’s Laboratories Limited announced the appointment of Penny Wan to its Board of Directors, effective January 28, 2022. According to the company’s exchange filing, “we would like to inform you that Ms Penny Wan (DIN: 09479493) has been appointed as an Additional Director, categorized as Independent, on the Board of Dr. Reddy’s Laboratories Ltd.,…
Curefoods, a cloud kitchen company which houses brands like EatFit, CakeZone, and Aligarh House, announced its merger with Maverix, a foodtech player. Following the merger, Curefoods will become the second-largest cloud kitchen player in India in terms of footprint with the largest manufacturing capability in the fresh food space, the statement said. The merger will also take Curefoods’ market presence to 125 kitchens…
Bharti Airtel (Airtel), one of India’s premier communications solutions providers, and Google announced that they will partner on a long-term, multi-year agreement to accelerate the growth of India’s digital ecosystem. Together, they will work to bring best-in-class end-to-end products to serve customer needs, provide quality customer experience, and bring their expertise to solve problems of…
TVS Motor Company announced the successful acquisition of a 75% stake in the Swiss E-Mobility Group (SEMG). The acquisition reaffirms TVS Motor Company’s commitment to expansion in Europe through a portfolio of premium and technology leading brands, including Norton Motorcycles and EGO Movement, which were recently acquired, according to the company’s statement. SEMG is a market-leading…