Larsen & Toubro (L&T) and ReNew Power (ReNew) announced a partnership agreement to tap the emerging green hydrogen business in India. Under this agreement, L&T and ReNew will jointly develop, own, execute and operate green hydrogen projects in India, the statement said. Commenting on this partnership, S N Subrahmanyan, CEO & MD of Larsen &…
Category: News
Immensitas raises $2.3 mn in pre-Series A1 funding round
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•Immensitas Private Limited has raised $2.3M in a Pre-Series A1 round co-led by growx ventures, Artha Venture Fund (AVF), and DSP Investment Managers Pvt. Ltd. The round also saw participation from LogX Ventures and Atrium Angels, the ISB alumni sponsored micro VC fund. In July, the company had raised a round from AVF and LogX.…
LinkedIn launches in Hindi to boost access to opportunities for 600 million people
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•LinkedIn, the world’s largest professional network, marked a new milestone with the launch of Hindi, the first Indian regional language on LinkedIn, with the goal to support 600 million Hindi language speakers globally. With this launch, LinkedIn aims to break down language barriers, providing greater access to professional and networking opportunities to Hindi speakers in…
Aayu App to hire 10,000 people pan India, opens new job opportunities for the youth of India
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•Since 2017 MedCords has been working on Digital Health Mission. Recently, they launched the ‘Aayu Ambassador Program’ to generate employment for about 10,000 people pan India and 2000 people in Rajasthan. Aayu app is looking to hire dynamic people in its core team for the roles like Director Marketing, Lead UX, Lead Content, Director Partnerships,…
Accenture promotes 1,030 new MDs and appoints 143 new Senior MDs
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•Accenture announced the promotion of 1,030 people to managing director and the appointment by the Chair and CEO of 143 people to senior managing director, including a record number of women. The company also reported its progress on increasing gender representation globally as well as race and ethnicity representation in the US, the UK and…
Nipun Soni appointed VP-Manufacturing at Diamines & Chemicals
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•Diamines & Chemicals Limited, a leading producer of Ethyleneamines in India, announced the appointment of Nipun Soni as Vice President – Manufacturing, effective December 01, 2021. According to the company’s exchange filing, “Pursuant to provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. intimation is hereby given for appointment of Mr. Nipun Soni…
Capital Trust expands its branch network
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•Capital Trust Limited (Capital Trust), a digitally enabled non- banking finance company (NBFC), specialising in providing income generating micro business loans in tier 3-5 regions, recently enhanced its branch network by opening 71 New branches. Out of these, 20 New branches were opened in Eastern UP; 21 in Bihar; 13 in Jharkhand; 11 in Madhya…
Bharat Petroleum Corporation Ltd appoints five Independent Directors on Board
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•Bharat Petroleum Corporation Limited (BPCL) has announced the appointment of Pradeep Vishambhar Agrawal, Ghanshyam Sher, Dr. Aiswarya Biswal, Prof. Bhagwati Prasad Saraswat and Gopal Krishna Agarwal, as Independent Directors on the Board for a period of three years w.e.f. 12.11.2021. Pradeep Vishambhar Agrawal is a Chartered Accountant and a Company Secretary. His fields of specialization are Finance, Business…
LOGOS and Mahindra Logistics developing 1.4 mn sq. feet of Multi-Client BTS Warehouses in Delhi-NCR, hire over 2500 employees
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•Mahindra Logistics (MLL), one of India’s largest Third-Party Logistics (3PL) solution providers and LOGOS, an Asia Pacific logistics specialist, have announced a long-term lease agreement for 1.4 million square feet (mmsf) of warehouse facilities at the LOGOS Luhari Logistics Estate in Delhi-NCR. The transaction represents India’s largest warehousing facility in a single park, a statement…
CollegeDekho raises $35 mn Series B funding led by Winter Capital, ETS Strategic Capital, others
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•CollegeDekho, India’s largest college admissions and higher education services platform, raises USD 35 million in its Series B funding round led by Winter Capital, ETS Strategic Capital – the private equity investments arm of ETS, Calega and existing investor Man Capital. CollegeDekho is planning to use the funds to further improve its offerings for students and…
HFCL Ltd appoints Peter A Weimann as CTO, Jochen Arms named VP – Sales (DACH Europe)
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•HFCL Limited (HFCL), the leading enterprise and integrated next-gen communication product and solution provider, announced appointment of two industry veterans in its two recently incorporated wholly owned subsidiaries in USA and Netherlands to bolster its international presence and unleash non-linear growth for the Company in the global markets. With an aim to garner scale globally…
Rakesh Kumar Jain joins GAIL as Director (Finance)
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•GAIL (India) Limited announced the appointment of Rakesh Kumar Jain as Director (Finance). A Cost and Management Accountant by profession, Jain started his career in the company as a Management Trainee and gathered a rich experience of nearly 30 years as he rose through the ranks to his present position, the statement said. Prior to…
CIE selected for Rs 5 cr startup funding grant from Startup India Seed Fund Scheme
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•CIE (IIITH Foundation), the Center for Innovation & Entrepreneurship of IIIT Hyderabad, has been selected for the Startup India Seed Fund Scheme by the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India. INR 5 Crores was sanctioned to the incubator by the Experts Advisory Committee(EAC) after evaluating IIIT-H Foundation’s impact on…
Via raises $130 mn funding at $3.3 bn valuation
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•Via, the global leader in TransitTech, announced $130 million in new financing at a total valuation of $3.3 billion. The round was led by Janus Hendersonwith participation from funds and accounts managed by BlackRock, ION Crossover Partners, Koch Disruptive Technologies and existing investor Exor. The demand for software that can transform legacy transportation systems into advanced digital…
Anil Navinchandra Merchant appointed to the Board of Anand Rayons
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•Anand Rayons Limited announced the appointment of Anil Navinchandra Merchant as an Additional Director to its Board, effective December 01, 2021. According to the company’s exchange filing, “Considered and approved the appointment of Mr. Anil Navinchandra Merchant as an Additional Director in the category of lndependent, Non-Executive Director of the company w.e.f. 01/12/21.” Anit Merchant…