Category: News

Spencer’s Retail CFO Neelesh Bothra resigns

Spencer’s Retail Limited announced the resignation of Neelesh Bothra as Chief Financial Officer of the company, with effect from January 20, 2024. According to the company’s exchange filing, “we hereby inform that Mr. Neelesh Bothra has tendered his resignation from the position of Chief Financial Officer of the Company with effect from January 20, 2024,…

Ramco Systems inks partnership with BDO India to enhance and elevate payroll experience for businesses

Global payroll solution provider, Ramco Systems, announced that it has entered into a partnership with BDO India LLP, one of India’s leading professional services organisations, part of BDO International, globally the 5th largest Network with presence in more than 162 countries. The partnership leverages the distinctive strengths of each entity, positioning Ramco as the Technology Platform Provider and BDO India…

Bikaji Foods International appoints Sunil Sethi to its Board

Bikaji Foods International Limited, India’s largest manufacturer of ethnic savouries and sweets, announced the appointment of Sunil Sethi as Non-Executive, Independent Director on the company’s Board, with effect from November 6, 2023. According to the company’s exchange filing, “We hereby inform you that in continuation to our letter bearing Ref. No. BFIL/SEC/2023-24/143 dated January 19,…

Primus Partners onboards Sanjay Malhotra as Senior Advisor

Primus Partners Pvt Ltd (Primus), a management consulting services provider, announced the appointment of Sanjay Malhotra as their Senior Advisor. In his role as Senior Advisor at Primus Partners, Sanjay Malhotra will play a pivotal role in providing strategic insights and guidance to strengthen Primus’s expertise in the aviation and transport sectors. Leveraging his extensive…

GitLab appoints Sabrina Farmer as Chief Technology Officer

GitLab, the most comprehensive AI-powered DevSecOps platform, announced the appointment of Sabrina Farmer as its chief technology officer (CTO). Farmer will lead GitLab’s software engineering, operations, and customer support teams to execute the company’s technical vision and strategy and oversee the development and delivery of GitLab’s products, as per the statement. She joins GitLab after…

KKR and Mirastar acquire prime big box logistics development in Widnes from Marshall CDP

KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have entered into a forward funding agreement to speculatively develop a prime logistics building (known as XDock) in Widnes, North West UK. This off-market acquisition marks the fourth development deal for KKR and Mirastar with Marshall CDP, a market leading developer specialising in…

Kiln raises $17 mn in funding led by 1kx

Leading enterprise-grade staking platform Kiln announced the close of a $17 million funding round led by 1kx, with participation from IOSG, Crypto.com, Wintermute Ventures, KXVC, LBank and further contributions from existing investors. The assets raised will be used to fund Kiln’s global expansion, including the growth of its APAC division through the opening of its APAC Headquarters…

International Battery Company raises $ 35 mn led by RTP Global

International Battery Company (IBC), a product and technology company that specializes in the creation of eco-friendly, large-sized rechargeable Prismatic Li-ion NMC batteries, announced it has raised USD 35 Million. This includes a Pre-Series A round, led by RTP Global, and contributions from a broader investment base, which includes Beenext, Veda VC, and other strategic Korean and US Investors. The investment…

Aurum PropTech appoints Onkar Shetye to its Board

Realty firm Aurum PropTech Limited announced the appointment of Onkar Shetye as Executive Whole-time Director on the company’s Board, with effect from May 4, 2024. According to the company’s exchange filing, “We wish to inform you that based on the recommendation of the Nomination and Remuneration Committee and subject to the approval of Shareholders, the…

PepsiCo India appoints Jagrut Kotecha as CEO

PepsiCo India announced a pivotal leadership transition in its executive team. After almost 7 successful years at the helm, Ahmed El Sheikh currently CEO for PepsiCo India will move on from his current role to assume new responsibilities within PepsiCo as the CEO for the Middle East Business Unit as of March 2024.   Jagrut…

Goodyear appoints Mark Stewart as CEO

The Goodyear Tire & Rubber Company announced that Mark Stewart has been elected Chief Executive Officer and President, effective January 29, 2024. He will succeed Richard J. Kramer, who previously announced his planned retirement from the company following 24 years of service, including 14 as Chairman, CEO and President. On the effective date, Laurette T. Koellner, Independent Lead Director of…

PUMA Named Global Top Employer in 2024

Sports company PUMA has been named a Top Employer globally, in four regions and in 24 countries, underscoring the company’s commitment to provide an attractive workplace for its employees. The award, which is based on a comprehensive survey of the Top Employers Institute, was given to PUMA in Asia Pacific, Europe, North America and Latin…

Taro announces merger agreement with Sun Pharma

Sun Pharmaceutical Industries Limited (Sun Pharma) and Taro Pharmaceutical Industries Ltd. (Taro) announced that they have entered into a definitive merger agreement in which Sun Pharma, Taro’s controlling shareholder, has agreed to acquire all of the outstanding ordinary shares of Taro other than the shares already held by Sun Pharma or its affiliates for US$43.00 per share in cash…

KKR launches new digital global education platform for financial advisors and individual investors

KKR, a global investment firm, unveiled “KKR Alternatives Unlocked,” a digital platform designed to empower financial advisors and their clients to better understand the alternatives investing landscape. The platform features a variety of content for financial advisors and individual investors, including macroeconomic insights, investment perspectives and educational content across private equity, infrastructure, real estate, and…

TCS recognized as top employer in Europe

Tata Consultancy Services (TCS) has been recognized as the top employer in Europe by the prestigious Top Employers Institute, a global authority recognizing excellence in people practices.  The global technology services provider was recognized for its efforts towards bridging digital skill gaps and fostering a diverse workforce, a statement said. This is TCS’ 12th consecutive entry at…