Alka Mittal has been appointed as the first woman to head India’s largest exploration and production company, ONGC, according to TNN report. The department of personnel and training on Monday evening appointed Mittal to the post, 72 hours after it fell vacant when Subhash Kumar, who too held the charge since February 2021 in addition…
KKR & Co. Inc. announced that Matthew Cohler has been appointed to the Board of Directors of KKR & Co. Inc. effective December 31, 2021. His appointment will bring the number of independent directors to twelve out of a total of sixteen Board seats, the statement said. Cohler is a former General Partner at the venture capital firm Benchmark, where for over a…
Moneyboxx Finance Limited (Moneyboxx), a BSE-listed Non-Banking Finance Company that provides small-ticket loans to micro and small enterprises in Tier-III towns & below places, announced it has raised Equity Capital of INR 14.41 crores by way of private placement from non-promoter investors. The Company has strengthened its capital position with this fund raise and plans…
Synapse Design, a QuEST Global company, announced the company has joined the Design Center Alliance (DCA) program of TSMC Open Innovation Platform (OIP). The TSMC DCA program focuses on chip-implementation services and system-level design solutions to help lower design barriers for customers adopting TSMC technology, the statement said. Commenting on the development, Satish Bagalkotkar, President, CEO and…
Sanjeev Churiwala joins Tata Power as the new Chief Financial Officer with effect from 1st January, 2022. Ramesh Subramanyam, the erstwhile CFO is moving into a new role within the Tata Group, the company said. A Chartered Accountant by qualification, Churiwala has over 27 years of corporate experience spanning across the financial services sector including…
Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of Reliance Industries Ltd., has signed definitive agreements to acquire 100% shareholding in Faradion Limited (Faradion) for an enterprise value of GBP 100 Mn. In addition, RNESL will also invest GBP 25 Mn as growth capital to accelerate commercial roll out, the statement said. Based…
Avendus Group, a financial services provider, announced the appointment of Anirban Banerjee as Chief Human Resources Officer, effective December 2021. Banerjee has over 17 years of experience shaping talent in the wealth management and FMCG industry, the statement said. Prior to joining Avendus Group, Banerjee was associated with IIFL Wealth and Asset Management in the…
Indiassetz, a real estate wealth management platform, has roped in Ramakrishna Bhagavan as its Chief Business Officer, effective 03 January 2022. Ramki, as he is popularly known, is a consumer banking veteran with extensive expertise in the retail domain across geographies in both domestic and international markets, the statement said. In his earlier roles, Ramki…
UCO Bank announced the appointment of Soma Sankara Prasad as Managing Director and Chief Executive Officer. Soma Sankara Prasad started his banking career at State Bank of India on 12th October, 1985 as Probationary Officer. He has banking experience of 36 years and held important assignments in various capacities in Treasury Operations, Audit and Marketing.…
Stovekraft Limited, a kitchen appliances company, announced the appointment of Balaji AS as Chief Financial Officer, effective January 01, 2022. According to the company’s exchange filing, “We wish to inform you that the Board of Directors of the Company at its meeting held on today (i.e. January 01, 2022), have approved the appointment of Mr.…
NATCO Pharma Inc. USA, a wholly owned subsidiary of NATCO Pharma Limited (NATCO), has completed the acquisition of Dash Pharmaceuticals LLC (Dash), a New Jersey based entity. Pursuant to this, Dash will become a 100% wholly owned subsidiary of NATCO Pharma Inc. and a step-down subsidiary of NATCO. The acquisition amount paid is US$ 18…
Bazar India, a fashion and lifestyle company, announced it has raised ₹25 crore in Series A funding on Planify Capital Platform. The company has raised the current round led by Shashvat Nakrani, co-founder of Bharatpe, Sanjiv Maini, VP at Hindware group; Bhumika Srivastava, HR Director at Airbnb and other executives. Bazar India will utilise the fund…
CMI Limited announced the appointment of Vikash Sharma as Independent Director to the Board of the company, effective December 31, 2021. According to the company’s exchange filing, “we would like to inform you that the Board of Directors of the Company in their meeting held on 31st December, 2021 has appointed of Mr. Vikash Sharma…
TCNS Clothing Co. Limited announced the appointments of Suresh Jayaraman and Arvinder Singh Pasricha to its Board of Directors, effective December 30, 2021. According to the company’s exchange filing, “the Board of Directors in their meeting held on 30th December 2021 has appointed Mr. Suresh Jayaraman (DIN: 03033110) as Additional and Independent Non-Executive Director and…
Digital TV network Siti Networks Limited has named its Chief Operating Officer Yogesh Sharma as new Chief Executive Officer of the company, effective January 01, 2022. According to the company’s exchange filing, “the Board of Directors of the Company at its meeting held today (i.e. December 31, 2021), upon the recommendation of the Nomination and…