Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Company under Ministry of Power, Government of India, announced the appointment of Ravindra Kumar Tyagi as Chairman and Managing Director, with effect from January 1, 2024. According to the company’s exchange filing, “this is to inform that in pursuance of Ministry of Power Office Order dated…
Public sector engineering and transport consultancy company RITES Limited announced the resignation of Manobendra Ghoshal as Chief Strategy Officer of the company, with effect from January 1, 2024. According to the company’s exchange filing, “this is to inform you that “Shri Manobendra Ghoshal (Chief Strategy Officer)” has been relieved from RITES Limited on 01.01.2024 to…
Adani Energy Solutions Limited (AESL), India’s largest private transmission and distribution company and part of the globally diversified Adani portfolio, was honoured with the ‘Global Sustainability Leadership Award 2023’ under the ‘Best Overall Sustainable Performance’ category by the World Sustainability Congress at Mauritius. The award recognised AESL’s commitment to sustainable practices and its major contributions…
Snowman Logistics Limited, a leading cold chain and integrated temperature-controlled logistics service provider in India, has initiated operations at a newly leased multi-temperature controlled warehouse in Guwahati, Assam. The total capacity of the warehouse is 5,152 pallets and this facility features eight chambers and four loading bays, equipped with the latest infrastructure. Specifically designed to…
LumiraDx Limited, a next generation point of care diagnostics company, announced the appointment of joint administrators for two of its subsidiaries. The administrators have signed a definitive agreement to sell certain companies of the LumiraDx group related to LumiraDx’s innovative point of care technology to Roche. The Company announced that Andrew Johnson, Lisa Rickelton and…
Praj Industries Limited (Praj), a player in biofuels, brewery, process equipment and water and waste water treatment solutions, announced the appointment of Anant Bavare as Company Secretary and Compliance Officer of the company, with effect from January 1, 2024. He succeeds Dattatraya Nimbolkar, who has resigned from the role of Company Secretary and Compliance Officer,…
Ugro Capital has officially named Rajni Khurana as its Chief People Officer (CPO). She is rejoining the fintech platform after serving as the Executive Director and Head of Human Resources at IndoSpace for the past two years, according to moneycontrol report. Khurana was a key member of the founding team at Ugro Capital, contributing to…
Nippon Life India Asset Management Limited announced the resignation of Prateek Jain as Chief Financial Officer of the company, with effect from December 29, 2023. According to the company’s exchange filing, “We wish to inform you that Mr. Prateek Jain, Chief Financial Officer (a Key Managerial & Senior Managerial personnel of the Company), vide his…
Metering company Genus Power Infrastructures Limited announced the appointment of Chetan Anand Deshpande as Chief Human Resource Officer (GMSD & GAMISP) with effect from December 29, 2023. He succeeds Arjya Kumar Mishra, who has resigned from the role of Head – HR, with effect from December 28, 2023. According to the company’s exchange filing, “Pursuant…
Sharika Enterprises, a prominent leader in the power sector, has appointed two distinguished industry veterans, Saroj Chelluri from NTPC Ltd., and Subir Mulchandani from Power Finance Corporation Ltd (PFC), as Additional Directors (Independent Directors) to its Board. This strategic move, sanctioned by the Board of Directors, is poised to significantly enhance the leadership and governance…
Monex Group, Inc., a leading Japanese financial group that runs online brokerage, crypto exchange, and asset management business in Japan and globally, will acquire the majority stake of 3iQ Digital Holdings, Inc. (together with its subsidiaries “3iQ”), a pioneer in crypto asset management in Canada. 3iQ stands at the forefront of digital asset innovation. This trailblazing firm, licensed in Ontario, Canada, has…
ENGIE Brasil Energia, the largest 100% renewable energy company in Brazil, and CDPQ, a global investment group, announced an agreement for the sale by ENGIE Brasil Energia of a 15% stake in Transportadora Associada de Gás S.A. (TAG) to CDPQ. The transaction is valued at BRL 3.1 billion, approximately CAD 848 million, subject to usual price adjustments. As…
GlaxoSmithKline Pharmaceuticals Limited (GSK Pharma) announced the resignation of Sunder Ramachandran as Head of Commercial Excellence, with effect from January 12, 2024. According to the company’s exchange filing, “we hereby inform you that Mr. Sunder Ramachandran – Head of Commercial Excellence, has tendered his resignation effective from the close of business hours on 12th January…
Shecommerz, a last-mile distribution company for banks, multinationals and retail giants, has appointed Ashwini Kumar as its Chief Human Resource Officer, according to ETHRWorld report. “We are delighted to welcome onboard our Chief Human Resource Officer, Mr Ashwini Kumar,” Shecommerz said in a LinkedIn post. Kumar comes with over 16 years of experience spanning across…
Innovative International Acquisition Corporation (IOAC), formerly a Cayman Island registered blank-check special purpose acquisition company, and Zoomcar, Inc. (Zoomcar), an emerging market focused peer2peer car sharing company, announced the closing of their previously announced merger (the “Business Combination”). Prior to Closing, IOAC transferred by way of continuation out of the Cayman Islands and into the…