Mitsubishi UFJ Financial Group (MUFG) announced that Raymond Fattell has been named Head of Transaction Banking Americas. In this position, Fattell will lead the Transaction Banking business in the United States, Latin America, and Canada, responsible for Product Management, Sales, Client Delivery, Risk and supporting functions including Strategy, Client Training, and Marketing. Fattell is based in New York and will have dual primary reporting…
Category: News
GE Power India re-appoints Prashant Chiranjive as MD, Shukla Wassan appointed Independent Director
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•GE Power India Limited announced the re-appointment of Prashant Chiranjive as Managing Director of the company for a term of five years, i.e from 16 April 2022 to 15 April 2027. Also, the company appointed Shukla Wassan as Independent Director to its Board, effective 29 November 2021. According to the company’s exchange filing, “we wish…
Jack Dorsey Steps Down as Twitter CEO, Board Unanimously Appoints CTO Parag Agrawal as Successor
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•Twitter, Inc. announced that Jack Dorsey has decided to step down as Chief Executive Officer and that the Board of Directors has unanimously appointed Parag Agrawal as CEO and a member of the Board, effective immediately. Dorsey will remain a member of the Board until his term expires at the 2022 meeting of stockholders. Bret Taylor was named the new Chairman…
Ms Karuna Gopal appointed as Independent Director on the Board of ENGINEERS INDIA LIMITED – a Navratna PSU
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•The Appointments Committee of Cabinet, Government of India headed by the Prime Minister & Home Minister has approved the appointment of Ms Karuna Gopal, BJP leader and Founder President of Foundation for Futuristic Cities as Independent Director on the Board of ENGINEERS INDIA LIMITED – a Navratna PSU. Engineers India Limited (EIL) is a global…
Ujjivan Small Finance Bank appoints P.N. Raghunath as Additional Director
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•Ujjivan Small Finance Bank Limited announced the appointment of P.N. Raghunath as an Additional Director to the Board, effective November 29, 2021. According to the exchange filing, “we hereby inform you that the Reserve Bank of India vide its letter dated November 29, 2021, has appointed Mr. P.N. Raghunath, General Manager, Reserve Bank of India,…
BD appoints Joseph Smith as Chief Scientific Officer
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•BD (Becton, Dickinson and Company), a global medical technology company, announced that Dr. Joseph M. Smith has been named senior vice president and chief scientific officer for the company, with immediate effect. He will report to Elizabeth McCombs, executive vice president and chief technology officer for BD. In this role, Smith will be primarily responsible for external innovation…
Happiest Minds wins Platinum and Gold Awards for its 2021 Annual Report from League of American Communication Professionals (LACP)
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•Happiest Minds Technologies Limited, a ‘Born Digital. Born Agile’, Mindful IT Company, announced winning Platinum and Gold awards at the LACP Spotlight 2021 Awards. The Happiest Minds Annual Report 2020-21 won the highest award – Platinum; and the CSG and ESG reporting each bagged Gold awards. The Company’s annual report is ranked 24th globally and…
Asian Paints announces expansion plan, to invest Rs 960 cr in Gujarat facility
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•Asian Paints Ltd announced it will invest Rs 960 crore to expand the manufacturing capacity of its facility situated at Ankleshwar in Gujarat, according to a PTI report. The company has signed a memorandum of understanding with the Government of Gujarat commencing the proposed expansion of manufacturing capacity of paint from 1.3 lakh KL to 2.5…
Healthtech startup ZenOnco.io raises $1.4 mn in seed round
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•ZenOnco.io, the World’s First Integrative Oncology healthtech platform, has raised $1.4mn in seed funding. The round was led by Enzia Ventures, with participation from Better Capital, Apollo Hospitals, Titan Capital, Dr Arvind Kumar and several long-term associated angel investors looking to make an impact in the cancer care domain. In this round, Founders have also…
Warburg Pincus-backed Parksons Packaging acquires Manohar Packaging
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•Parksons Packaging Limited, India’s largest independent folding carton manufacturer, announced the acquisition of Manohar Packaging, a leading producer of folding cartons with a strong foothold in the premium segments of Alcoholic Beverages and Confectionery. Manohar Packaging, founded in 1994, is one of India’s top producers of carton packaging and the industry leader in the alcoholic…
Quell raises $156 mn in oversubscribed Series B funding round
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•Quell Therapeutics Ltd, the world leader in the development of engineered T-regulatory (Treg) cell therapies for serious medical conditions driven by the immune system, announced it has raised $156 million in an oversubscribed Series B financing. The financing round was co-led by Jeito Capital, Ridgeback Capital Investments, SV Health Investors and Fidelity Management & Research Company LLC with…
Wells Fargo & Company names Mike Riley and Dan Thomas as co-heads of the Markets
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•Wells Fargo & Company has announced that Mike Riley and Dan Thomas have been named co-heads of the Markets division of the Corporate & Investment Bank (CIB). Riley and Thomas will lead all of CIB’s markets-driven activities, including: Asset-Backed Finance, Equities (including Equity Research and Strategy), Macro and Spread. Most recently, Riley held the role…
Infineon appoints Jochen Hanebeck as successor to Dr. Reinhard Ploss as CEO
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•Jochen Hanebeck will take over as the new Chief Executive Officer of Infineon Technologies AG on 1 April 2022. This was decided by the Supervisory Board. Hanebeck was reappointed for five years, his contract runs until 31 March 2027. He has been a member of the Management Board and Chief Operations Officer since 2016. He…
Corelle India Strengthens Its Partnership With Stone Sapphire Pvt. Ltd. As Their Sole Distributor in India
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•Corelle Brands LLC, an Instant Brands company, headquartered in Rosemont, Illinois, has recently associated with Stone Sapphire Private Limited (SSPL), an eco-friendly stationary brand as its sole distributor in India. Corelle India currently has reached up to 1000 doors nationally and going forward aims to introduce a range of products by doubling their distribution strength,…
Continental Entertainment appoints Sreyashii Sengupta as CEO of SE Asia
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•Continental Entertainment Pte Ltd., a Singapore-based media and entertainment company, announced it has appointed Sreyashii Sengupta as its CEO for Southeast Asia, according to IANS report. With over 15 years of media experience, Sreyashii is a geographical expert and a film distributor who has been working predominantly in South and Southeast Asian markets. Instrumental in…