Category: News

Winnie Park named CEO of fashion brand Forever 21

Forever 21 announced Winnie Park as Chief Executive Officer (CEO) of the iconic fashion brand, effective immediately. Park will report to Marc Miller, CEO of SPARC. Park joins Forever 21 from Paper Source, where she served as CEO for the past six years. Her tenure at Paper Source is marked by transforming the brand from a brick-and-mortar retailer…

UPL announces that Bunge will acquire a 33% stake in Sinagro

UPL Ltd. and other shareholders in Sinagro Produtos Agropecuarios SA., Brazil, (Sinagro) have announced an agreement in which Bunge Ltd. (Bunge) will acquire a 33% stake in Sinagro to strengthen its grain orientation strategy in Brazil. Sinagro is a major reseller of grains and agricultural products with a significant presence in Brazil’s ‘Cerrado’ savanna region.…

Wipro recognised as Top Employer 2022 in Australia

Wipro Limited, a global information technology, consulting and business process services company, announced that it has been recognised by the Top Employers Institute as a Top Employer in Australia, for 2022, for the third consecutive year. Being certified as a Top Employer showcases an organisation’s dedication to a better world of work and exhibits this…

Gurgaon-based Daffodil Software to hire 500 employees this year

Daffodil Software, a software engineering company, announced that it has plans to create 500 full-time jobs this year. To keep up with the increasing customer demand and to strengthen their portfolio for diverse technologies, Daffodil has declared a massive number of vacancies at its headquarters in Gurgaon, according to the company’s statement. Daffodil, being an industry…

Sauri Gudlavalleti joins Sai Life Sciences as Chief Operating Officer

Sai Life Sciences, a leading global Contract Research, Development & Manufacturing Organization (CRO-CDMO), announced the appointment of Sauri Gudlavalleti as its Chief Operating Officer. Sauri will report to the CEO & Managing Director, Krishna Kanumuri and drive the company’s growth as a new generation, science-driven organization. Making the announcement, Krishna Kanumuri said, “I am really excited to…

Saregama India appoints Avarna Jain as Vice Chairman of Board

Saregama India, India’s oldest music company, announced the appointment of Avarna Jain, Non-Executive Director of the company, as Vice Chairman of the Board, effective January 19, 2022. According to the company’s exchange filing, “Appointed Mrs. Avarna Jain (DIN: 02106305), Non-Executive Director of the company, as the Vice Chairman of the Board. A brief profile in…

Adani Transmission acquires Karur Transmission from PFC Consulting Ltd

Adani Transmission, an Ahmedabad-based electric power transmission company, announced the acquisition of 100% stake in Karur Transmission Limited from PFC Consulting Limited. According to the company’s exchange filing, “We would like to inform that the Company has signed Share Purchase Agreement with PFC Consulting Limited on 18th January, 2022 for acquisition of its entire stake…

Classplus appoints Manish Chawla as new CTO

Classplus, a mobile platform for educators and content creators to launch their online teaching businesses, has appointed Manish Chawla as the new CTO to bolster its next phase of growth across geographies. Chawla, who was VP of Engineering with online food delivery startup Zomato previously, will lead Classplus’ product innovations and will be focusing on…

GoKwik onboards Amazon’s Kunal Tiwari as Chief Product Officer

GoKwik – an e-commerce enablement company, announced it has onboarded Amazon’s Kunal Tiwari as its Chief Product Officer. In his new role, Kunal will spearhead GoKwik’s overall product strategy, execution and innovation. The company aims to expand its product portfolio and further strengthen its existing product suite to offer best-in-class support to Direct 2 Consumer (D2C)…

Indian Energy Exchange divests 4.93% stake in Indian Gas Exchange to IndianOil

Indian Energy Exchange (IEX), India’s premiere Energy Exchange and Indian Oil Corporation (IndianOil), India’s largest oil refining and fuel marketing firm, announced IndianOil’s strategic equity stakes of 4.93% in Indian Gas Exchange Ltd. IEX has divested 4.93% equity stakes to IndianOil. IEX and NSE (National Stock Exchange) are promoters and other strategic investors in IGX…

Heifer International, Cargill and Walmart Foundation Partner to invest in farmer producer organizations in India

Heifer International, Cargill and Walmart Foundation announced the expansion of Hatching Hope: Accelerating Incomes Through Diversification into India to improve financial independence for women in the Anantapur and East Godavari districts of Andhra Pradesh. With demand for eggs and poultry meat on the rise across India, backyard poultry farming is an economically sustainable agri-business that is easy to…

Burns & McDonnell India appoints Anjan Khandelwal as CFO, Parul Gopal named Chief Administrative Officer

Burns & McDonnell India, a full-service engineering, architecture, construction, environmental and consulting solutions firm, has named Anjan Khandelwal as chief financial officer (CFO) and Parul Gopal as chief administrative officer (CAO). Khandelwal has extensive experience in finance, accounting, tax and business administration, while Gopal has played an integral role in recruiting and retaining top talent and fostering a culture…

IRCTC appoints Debashis Chandra to its Board of Directors

Indian Railway Catering and Tourism Corporation (IRCTC), a company that provides ticketing, catering, and tourism services for the Indian Railways, announced it has appointed Debashis Chandra as Director, (Catering Services), with effect from January 18, 2022. According to the exchange filing, “it is to be informed that Ministry of Railways, Government of India, vide its…

Gogoro and POEMA GLOBAL announce additional PIPE investment from Hero MotoCorp and Engine No. 1

Gogoro Inc. (Gogoro), a global technology company that provides battery swapping ecosystems that enable sustainable mobility solutions for cities, and Poema Global Holdings Corp. (Poema Global), a publicly traded special purpose acquisition company, announced its strategic partner, Hero MotoCorp, Engine No. 1 and another investor will be making a PIPE investment, raising the oversubscribed PIPE from $257 million to $285…

oneZero appoints Indu Maheshwari as Product Manager, Kevin Verardi named Product Designer

oneZero, a global provider of multi-asset enterprise trading technology solutions, announced the appointment of Indu Maheshwari as Product Manager and Kevin Verardi as Product Designer, both working in oneZero’s Institutional segment with solutions for institutional brokers, banks and liquidity providers. Indu is responsible for the development of oneZero’s extensive OTC liquidity ecosystem. Kevin is focused on oneZero’s credit offerings…