KEC International Limited, a Power transmission, Engineering, Procurement and Construction (EPC) company, announced the appointment of Vinayak Chatterjee as an Additional Director to its Board of Directors, effective December 06, 2021. According to the company’s exchange filing, “we wish to inform that the Board of Directors of the Company, based on the recommendation of the…
Oneiric Gaming founded in 2020 is now backed by Actor Rannvijay Singha to acquire a large number of userbases for their Oneiric (dream) games. The company aims to expand its user base to reach 1 million users playing oneiric games in the next three quarters. Oneiric Gaming said it is also looking to penetrate deeper…
Moody’s Corporation announced that it has acquired PassFort Limited and entered into an agreement to acquire 360kompany AG (kompany), two European providers of onboarding and Know Your Customer (KYC) technology solutions. The acquisitions complement Moody’s technology, data, and analytical capabilities, and enhance its industry-leading customer solutions for KYC, anti-money laundering, compliance, and counterparty risk, the…
PNB Housing Finance announced the appointment of Amit Singh as Chief People Officer. Prior to this role, Singh headed HR department in SBI Mutual Fund. Singh brings in 18 years of experience in building performance led, competitive teams for the successful functioning in fast growing organisations. Before SBI Mutual Fund, he was Director & Business…
CNA, a US-based commercial property and casualty insurance company, announced the appointment of Scott Lindquist as Executive Vice President and Chief Financial Officer. Scott will join CNA on January 10, 2022 and will assume the duties of Chief Financial Officer following the filing of the company’s 2021 annual report on Form 10-K. Scott will succeed Larry Haefner, who has served…
E-commerce startup DealShare announced the appointment of Ratul Ghosh as Chief Growth & Marketing Officer. In his new role, Ghosh will be responsible for driving the growth and expansion agenda for DealShare. Ghosh has over two decades of experience and has worked for companies like eBay, Philips, HCL and Tata Administrative Service. Before joining DealShare,…
Sangam India Ltd (SIL), India’s leading manufacturer of Poly viscose dyed yarn, announced a Rs 137.25-crore plan for the expansion of its manufacturing facility, according to PTI report. This expansion plan, approved by the board of directors, will witness infrastructure development at SIL’s manufacturing facility in Bhilwara, Rajasthan. The total cost of the expansion project is…
Food delivery startup Swiggy to invest $700 million in its quick commerce business, Instamart, according to TNN report. “At our current growth trajectory, Instamart is set to reach an annualised GMV run rate of $1 billion in the next three quarters. With our food delivery business trending at a $3 billion annualised GMV run rate,…
Accenture has acquired the consulting practice of Headspring, a cloud native and platform engineering services firm based in Austin, Texas. Headspring provides a broad range of cloud services including platform architecture, engineering, modernization and product management. Headspring’s services and cloud experts will boost Accenture Cloud First’s platform engineering capabilities aimed at helping clients accelerate their transformations and…
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, along with Gilera Motors Argentina has expanded operations and inaugurated a flagship dealership in Argentina. The company had recently announced the revitalisation of its presence in Argentina by partnering with Gilera Motors, one of the leading companies in the motor vehicle sector in Argentina and…
Advent International, a global private equity firm, announced the completion of the merger of its portfolio companies Dixcy Textiles Pvt. Ltd and Gokaldas Intimatewear Pvt. Ltd, the parent company of brand Enamor. The new merged entity will take the name of Modenik Lifestyle Pvt Ltd. and will be headquartered in Bengaluru. “The merger of two well…
Tata Communications Limited announced the appointment of N. Ganapathy Subramaniam as an Additional Director of the company, effective December 02, 2021. According to the company’s exchange filing, “the Board of Directors of the Company vide its resolution dated December 2, 2021, has approved appointment of Mr. N. Ganapathy Subramaniam (DIN: 07006215) as Additional Director (Non-Executive,…
Fractal, (fractal.ai), a global provider of artificial intelligence and advanced analytics solutions to Fortune 500 companies, announced the appointment of Sangeetha Chandru as Chief Practice Officer for Retail. Based out of Fractal’s global headquarters in New York, Sangeetha will oversee global operations for the retail practice and help drive market growth with particular focus on developing the right…
Tata Consultancy Services (TCS), a global IT services, consulting and business solutions organization, has been voted number one in customer satisfaction in Switzerland, in an independent survey of CxOs of top IT spending organizations. This is the ninth consecutive year that TCS has taken the top spot with an overall satisfaction score of 81%, compared…
Adani Transmission Limited (ATL) announced the appointment of Lisa MacCallum, as an independent director to bring a new level of knowledge and experience to ATL’s environment and social impact investments and Purpose-led governance and business. MacCallum, Founder of Inspired Companies, a purposeful business and brand strategy focused enterprise, is the first non-Indian national director of…