Housing and Urban Development Corporation Limited (HUDCO) announced the appointment of Sanjay Kulshrestha as Chairman and Managing Director of the company, with effect from October 16, 2023. According to the company’s exchange filing, “The President of India acting through Administrative Ministry, i.e., Ministry of Housing and Urban Affairs (MoHUA), Government of India, vide its Office…
SeQuent Scientific Limited, a leading animal healthcare company, announced that Patri Venkat Raghavendra Rao has resigned from the role of Chief Financial Officer of the company, with effect from October 25, 2023. According to the company’s exchange filing, “We wish to inform you that Mr. Patri Venkat Raghavendra Rao, Chief Financial Officer and Key Managerial…
SymphonyAI, a leader in predictive and generative AI enterprise AI SaaS, announced that it has appointed Daniela Rus, Ph.D., as an independent board member. Dr. Rus is the director of MIT’s Computer Science and Artificial Intelligence Laboratory and the Andrew (1956) and Erna Viterbi professor of electrical engineering and computer science (EECS), with nearly 30 years of experience in…
JK Paper, one of lndia’s largest Paper and Packaging Solutions Companies, enters into Share Purchase Agreement (SPA) for the acquisition of 100% shares of Manipal Utility Packaging Solutions Private Limited (MUPSPL). MUPSPL is engaged in the business of manufacture of Packaging products like Folding Cartons, Corrugated Boxes and Labels with Four (4) manufacturing plants across…
GlobalLogic Inc., a Hitachi Group company, announced the appointment of Srinivas (Srini) Shankar as its Chief Business Officer (CBO) and Head of Global Industries. With over two decades of professional experience, Srini brings a wealth of expertise in driving revenue growth and enhancing client satisfaction. Businesses across industries are investing in the development of digital products,…
Drug maker Mankind Pharma Limited announced the appointment of Prateek Dubey as President – Global Chief Human Resource Officer of the company, with effect from October 16, 2023. According to the company’s exchange filing, “the Board of Directors of the Company vide Circular Resolution passed today, approved the appointment of Mr. Prateek Dubey as President…
Borosil Limited, India’s leading consumer products brand, announced the appointment of Sweta Kochar as Chief Human Resource Officer of the company, with effect from October 16, 2023. According to the company’s exchange filing, “In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that Ms. Sweta Kochar…
The former head of Vodafone Germany, Dr. Hannes Ametsreiter, has joined the board of the telecommunications company 1GLOBAL as non-executive director following his equity participation in 1GLOBAL. This appointment enables 1GLOBAL to strengthen its corporate governance and to leverage the extensive industry expertise of Dr. Ametsreiter, a statement said. Dr. Ametsreiter commented: “1GLOBAL is a…
Ensono, an expert technology advisor, innovation partner and managed service provider, announced the appointment of Veena Khandke as the Managing Director for Ensono India. In her new role, Veena will leverage partnerships with global business leaders to develop and execute strategies aimed at scaling up the company’s functions in India. Veena is a seasoned operations and…
HCLTech, a leading global technology company, has been recognized as a Leader in Everest Group’s ACES (Autonomous, Connected, Electric and Shared) Automotive Engineering Services PEAK Matrix Assessment 2023. According to Everest Group, HCLTech has an extensive portfolio of IP around telematics platform, battery management systems and LiDAR (Light Detection and Ranging), supported by a strong and…
KKR, a global investment firm, announced, in partnership with Flerie, the formation of a new global pharma services platform, Frontier Biosolutions (Frontier), which will invest in a portfolio of companies focused on specialized pharmaceutical services to advanced therapeutics customers. Frontier will invest in differentiated scientific capabilities and proprietary technology platforms that address critical bottlenecks in…
Hexaware Technologies, a leading global IT services and solutions company, today launched its new office in Dehradun. The office was inaugurated by the Honorable Chief Minister of Uttarakhand, Shri Pushkar Singh Dhami. Adding this all-new center to its global delivery network will bolster the brand’s capabilities to deliver cutting-edge Digital IT services to its customers across sectors and geographies. This launch comes as a part of Hexaware’s shift in…
Bertrand Meunier informed the Board of Directors of his desire to step down as Chairman and Director of the Board. The Nominations and Governance Committee, chaired by Elizabeth Tinkham, Lead Independent Director, conducted a thorough selection process with the support of a leading executive search firm, and assessed both internal and external candidates. At its…
Zydus Lifesciences Limited (including its subsidiaries/affiliates hereafter referred to as “Zydus”) a discovery-driven, global lifesciences company announced the appointment of Punit Patel as President and Chief Executive Officer, Americas. He will be responsible for the business operations of all Zydus entities in North America which include generics, injectables and specialty business, rare and orphan disease…
Tata Motors Limited (TML) has entered into share purchase agreements to sell 9.9% stake in Tata Technologies Ltd (TTL) for an aggregate consideration of INR 1,613.7 crore. TPG Rise Climate is the lead investor for this transaction, which ascribes an equity valuation of INR 16,300 Cr (~US$ 2.0 billion) for TTL. TTL, a subsidiary of…