GlobalLogic, a Hitachi Group Company and a leader in Digital Engineering, announced it has entered into a definitive agreement to acquire Katzion, a Sydney, Australia-based engineering firm specializing in applications for the automotive industry. Through this strategic acquisition, GlobalLogic will expand offerings in the mobility sector and support geographic expansion in Australia/Asia-Pacific, Spain, and the Middle…
Category: News
Colgate-Palmolive (India) appoints Sriram Venkatasubramanian as EVP, Supply Chain
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•Colgate-Palmolive (India) Limited announced the appointment of Sriram Venkatasubramanian as Executive Vice President, Supply Chain, with effect from January 2, 2024. He succeeds Sarala Memon, who has resigned from the role of Executive Vice President – End to End Supply Chain, effective close of business hours on April 30, 2024.” According to the company’s exchange…
Shoogloo Group appoints Mansi Bhatia as Chief Business Officer
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•Shoogloo Group, a leading company in the digital marketing space, announced the appointment of Mansi Bhatia as their new Chief Business Officer. With a remarkable career spanning over 13 years, Mansi Bhatia offers a variety of knowledge from a varied range of industries, including operations, technology, education, philanthropy, and e-commerce, a statement said. She has…
Snitch secures Rs 110 cr Series A funding co-led by SWC Global and IvyCap Ventures
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•Snitch, a pioneering innovator in the fast fashion domain, has successfully closed a Series A funding round of Rs. 110 crore Co-led by SWC Global and IvyCap Ventures. The investment, supported by key angel investors, will catalyze Snitch’s expansion in talent, technology, and an offline retail strategy, building upon its already impressive market performance, a…
Securiti appoints Bruce Nixon as Partner Director of APAC & Middle East
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•Securiti, the pioneer of the Data Command Center, announced the appointment of Bruce Nixon as Partner Director of APAC & the Middle East. In this role, Nixon will lead Securiti’s partner ecosystem across the Asia Pacific and Middle East region, driving growth and ensuring successful implementation of Securiti’s Data Command Center solution for unifying data…
Whirlpool of India appoints Anuj Lall as VP – Integrated Supply Chain
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•Whirlpool of India Limited announced the appointment of Anuj Lall as Vice President – Integrated Supply Chain, with effect from December 18, 2023. According to the company’s exchange filing, “The Board, based on the recommendation of the Nomination and Remuneration Committee, also considered the appointment of Mr. Anuj Lall as Vice President-Integrated Supply Chain with…
Accenture to acquire Vocatus
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•Accenture has entered into an agreement to acquire management consultancy Vocatus, which uses behavioral economics modeling to develop pricing strategies and sales concepts for business-to-business and business-to-consumer models. The terms of the acquisition were not disclosed. With the acquisition of Vocatus, Accenture expands its offerings for clients in Europe with greater modeling capabilities for identifying price…
Whirlpool of India appoints Harita Gupta as Independent Director
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•Whirlpool of India Limited announced the appointment of Harita Gupta as Independent Director on the company’s Board, with effect from February 1, 2024. According to the company’s exchange filing, “we wish to inform you that the Board of Directors of the Company at its meeting held today i.e., on 13 th December, 2023, based on…
Tripadvisor Group names Kristen Dalton as President of the Tripadvisor Core Business
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•Tripadvisor, Inc. announced that Kristen Dalton will be appointed President of the Tripadvisor Core business on January 1, 2024, reporting to Matt Goldberg, CEO of Tripadvisor Group. Dalton most recently served as COO of the Tripadvisor Core business where she has been instrumental in setting the organization’s strategy to transform the business. Dalton has been with the company since…
SIS names Vineet Toshniwal as President – M&A and Investor Relations
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•Private security firm SIS Limited announced the resignation of Bharat Bakhshi as President – M&A and Investor Relations, with effect from December 29, 2023. Also, Vineet Toshniwal has been named President – M&A and Investor Relations, with effect from December 12, 2023. According to the company’s exchange filing, “we wish to inform you that Mr.…
CIE Automotive India appoints Sunil Narke as CEO – Forgings Division
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•CIE Automotive India Limited, a multi-technology automotive components supplier listed on the stock exchanges in Mumbai, announced the appointment of Sunil Narke as Chief Executive Officer – Forgings Division, with effect from April 1, 2024. According to the company’s exchange filing, “The NRC and the Board reviewed the succession and transition plan and have approved…
Magnite expands global presence with opening of first India office
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•Magnite, the largest independent sell-side advertising company, has announced the opening of a new office in Mumbai, which will serve as the company’s base across India. The move indicates the company’s commitment to providing support for publishers and buyers in one of the fastest-growing digital advertising markets in the world, a statement said. “Programmatic adoption in India…
Signify proposes re-appointment of CEO and announces changes to the Board of Management
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•Signify, the world leader in lighting, proposes the following re-appointment and announces the following changes to its Board of Management. CEOThe Supervisory Board proposes to re-appoint Eric Rondolat as CEO and Chair of the Board of Management at the Annual General Meeting of Shareholders to be held in May 2024, for a period of four…
General Insurance Corporation appoints Suresh Savaliya as Company Secretary and Compliance Officer
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•General Insurance Corporation of India Limited (GIC Re) announced the appointment of Suresh Savaliya as Company Secretary and Compliance Officer of the company, with effect from December 11, 2023. According to the company’s exchange filing, “we wish to inform you that Mr. Suresh Savaliya (Membership Number: ACS A15545) has taken charge as Company Secretary, Compliance…
DLF announces resignation of Vivek Anand as Group CFO
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•Realty major DLF Limited announced the resignation of Vivek Anand as Group Chief Financial Officer of the company, with effect from February 29, 2024. According to the company’s exchange filing, “Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that after…