KKR, a global investment firm, announced the successful completion of the previously announced acquisition of Simon & Schuster from Paramount Global in a $1.62 billion all-cash transaction. With the closing of the deal, Simon & Schuster is now a standalone private company, and the only independent major trade publisher in the U.S. It continues to be led by Jonathan Karp, President and…
LegalPay, the largest player in the litigation funding industry in India, announced the appointment of Tanya Prasad as its new Chief Investment Officer (CIO), effective immediately. Prasad brings over 10 years of experience in cross-border litigation and international arbitration proceedings in the fields of international trade, construction disputes, energy, banking, and finance, as well as…
Astrotalk, a startup that is taking astrology global, has announced the elevation of Anmol Jain to Co-founder from being the company’s Chief Business Officer. In his new role, Anmol will handle the company’s product, finance and operations and will be responsible for expanding overseas, strategic acquisitions and team expansion, a statement said. Prior to Astrotalk,…
E-Gaming Federation (EGF), an organization representing top online skill gaming operators in India announced Anuraag Saxena as its new Chief Executive Officer (CEO), effective 1st November 2023. As the new strategic leader, Anuraag will lead the management and policy advocacy initiatives at EGF and work closely with EGF’s member stakeholders to build a safe, responsible, fair, and transparent environment for the…
NP Digital, a global leader in end-to-end performance marketing, unveils its newest European office in the Netherlands under the leadership of Joris Garritsen as managing director. The agency, which has opened four other offices in Europe this year, brings a suite of performance marketing solutions to Dutch brands. Solutions in the region are tailored to…
KKR, a leading global investment firm, and the parent company of OMS Group, a leading telecom infrastructure company and provider of subsea cable services, announced the signing of definitive agreements under which KKR will commit $400 million in a tailored solution for OMS Group. This marks KKR’s latest digital infrastructure investment in Southeast Asia, underlining its conviction in the role…
Global supply chain solutions leader, AIT Worldwide Logistics, has opened two new locations in Southeast Asia, one in Penang, Malaysia, and another in Singapore. With the addition of these offices, AIT’s geographic footprint in Asia has expanded to six countries, supporting customers that continue to diversify sourcing of components and finished goods, a statement said.…
Education technology firm Techmaghi has received a funding of Rs 20 lakh from startup-supporting LJ Knowledge Foundation, according to PTI report. It would take forward the Kerala-based company’s mission to bridge the gap between industries and educational institutions through up-skilling courses that meet the demands of a modern workforce, a statement said here on Saturday.…
Drugmaker Pfizer Limited announced the appointment of P. Rengan as Executive Director – Plant Operations, with effect from October 28, 2023. According to the company’s exchange filing, “we hereby inform you that the Board of Directors of the Company at its Meeting held today appointed Mr. P. Rengan (DIN: 10362899) as an Additional Director of…
MPS Limited, a premium B2B learning and platform solutions company, announced the appointment of Suhas Khullar as Additional Director on the company’s Board, with effect from January 1, 2024. According to the company’s exchange filing, “the Board of Directors of the Company have and considered and approved the Appointment of Mr. Suhas Khullar (DIN-07593659), as…
Hexaware Technologies announced the appointment of industry veteran Girish Pai as the Global Head of its Data and AI Service Line. Girish Pai’s appointment reiterates Hexaware’s commitment to empowering clients with data and artificial intelligence, driving transformative business outcomes, a statement said. Girish Pai brings an impressive 28-year track record in the services industry, having excelled at companies like…
Epsilon Advanced Materials (EAM), India’s leading battery materials company, announced, alongside N.C. Governor Roy Cooper at Brunswick County Community College, plans to build a $650 million graphite anode manufacturing facility in Brunswick County of North Carolina. The facility is the first and largest Indian investment in the U.S. electric vehicle (EV) battery industry. “We’re proud…
IT giant Accenture has acquired Comtech Group, a consulting and program management company for infrastructure projects in Canada and the United States. Terms of the deal were not disclosed. Comtech Group was founded in 1994 and is headquartered in Toronto. Its clients are transportation, infrastructure, industrial manufacturing, building, and power and utility companies in the public and…
The Board of Directors of Praveg Limited at its meeting held on October 26, 2023, considered and approved schemes for the proposed amalgamation of Eulogia Inn Private Limited (EIPL) into and with Praveg Limited. The Board has considered the proposal based on independent fairness and valuation opinions, and followed the process laid down under the…
Non-banking finance company, IIFL Finance Limited, announced the appointment of T S Ramakrishnan as an Additional Non-Executive (Nominee) Director on the company’s Board, with effect from October 26, 2023. According to the company’s exchange filing, “, the Board of Directors of the Company vide resolution passed by circulation on October 26, 2023, has considered and…