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Executive Movements

Piramal Enterprises elevates Manjul Tilak to CHRO

Piramal Enterprises has promoted Manjul Tilak as its Chief Human Resources Officer (CHRO), according to ETHRWorld report. Tilak had joined Piramal in April as Head HR – Financial Services. Previously, he was associated with Kotak Mahindra Bank as Senior Executive Vice President (HR) and Head HR – Consumer Bank. He has also worked at Kotak […]

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Investment

Accenture invests in Aliro Quantum

Accenture announced a strategic investment through Accenture Ventures in Aliro Quantum, a provider of multi-purpose, end-to-end entanglement-based secure quantum networks. The investment will help Accenture and Aliro equip clients with secure quantum networks that establish safe and secure data and communications. Quantum computing uses fundamental physics and math principles to deliver insights and simulations accurately and incredibly fast. This […]

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Investment

InsuranceDekho raises $60 mn funding at $750 mn valuation

Insurance marketplace InsuranceDekho has raised $60 million in its ongoing Series B funding round from Japanese financial services major Mitsubishi UFJ Financial Group, BNP Paribas Cardif, which put money through its insurtech fund, and Beams Fintech, according to ETtech report. The family office of Yogesh Mahansaria, managing director of Mahansaria Tyres, a major tyre manufacturer, […]

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Executive Movements

RateGain appoints Jay Wardle as President and General Manager at Adara

RateGain Travel Technologies Limited, a global provider of SaaS solutions for travel and hospitality, announced the appointment of Jay Wardle as its new President and General Manager at Adara – A RateGain Company. Jay, a seasoned growth leader, brings a wealth of experience that intersects the realms of prominent brands in the space of cutting-edge […]

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Executive Movements

Cisco appoints Dan Schulman to Board of Directors

Cisco announced the appointment of Dan Schulman to its board of directors effective October 10, 2023. “Dan is a proven and well-respected business leader, and I am pleased to welcome him to Cisco’s board,” said Chuck Robbins, chair and CEO of Cisco. “His strong leadership driving business transformation in the digital era combined with deep experience in technology […]

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Executive Movements

BHEL appoints Bani Varma as Director (Industrial Systems & Products)

Bharat Heavy Electricals Limited (BHEL) announced the appointment of Bani Varma as Director (Industrial Systems & Products), with effect from October 10, 2023. Prior to this, Varma was spearheading BHEL’s Transportation Business segment as well as the company’s Electronics Division (EDN) manufacturing unit at Bengaluru. Varma is an Electrical engineering graduate from the Delhi College […]

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Press Release

VTEX partners with Terrific Minds to power next-gen digital commerce solutions in India

VTEX, the global enterprise digital commerce platform, announced its strategic partnership with Terrific Minds, a leading technology studio specializing in customer-centric digital commerce solutions. This collaboration aims to provide businesses with innovative tools and strategies to enhance their online presence and customer engagement. This partnership will drive innovative plugins and apps that amplify VTEX’s capabilities. By […]

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Investment

Chennai-based AuditCue raises $1.5 mn funding led by Kalaari Capital

Audit and risk software-as-a-service (SaaS) startup AuditCue on said it has raised $1.5 million in a seed funding round led by Kalaari Capital, according to ETtech report. Other investors who participated in the round included Java Capital and angel investors from San Francisco. The company said the funds would be allocated towards product development, accelerating […]

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Acquisition

Hedonova acquires 71% stake in Mandakini Farms

Hedonova expands its Carbon-Credit Ecosystem, focusing on projects in emerging Asian markets to pioneer carbon negativity and eco-conscious developments. Hedonova, a renowned Paris-based hedge fund specializing in alternative assets and a global leader in carbon credit trading, is marking a significant stride in its sustainable investment initiative. With over $4 billion transacted in carbon credits […]

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Executive Movements

UCO Bank appoints Vijaykumar Nivrutti Kamble as Executive Director

UCO Bank Limited announced the appointment of Vijaykumar Nivrutti Kamble as Executive Director on the company’s Board, with effect from October 9, 2023. According to the Bank’s exchange filing, “we inform that in exercise of the powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of […]

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Executive Movements

Bank of Baroda appoints Lal Singh to its Board

State-owned Bank of Baroda announced the appointment of Lal Singh as Executive Director on the company’s Board, with effect from October 9, 2023. According to the company’s exchange filing, “In exercise of powers conferred by the proviso to clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) […]

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Executive Movements

Canara Bank appoints Bhavendra Kumar as Executive Director

State-run Canara Bank Limited announced the appointment of Bhavendra Kumar as Executive Director on the company’s Board, with effect from October 9, 2023. According to the Bank’s exchange filing, “In exercise of the powers conferred by the proviso to clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of […]

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Executive Movements

Arvind Fashions appoints Govind Shridhar Shrikhande as Independent Director

Arvind Fashions Limited (AFL), India’s leading casual and denim manufacturer, announced the appointment of Govind Shridhar Shrikhande as Independent Director on the company’s Board, with effect from October 9, 2023. According to the company’s exchange filing, “we would also like to inform that based on the recommendation of the Nomination and Remuneration Committee, the Board […]

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Executive Movements

Biocon names Nitin Tiwari as Head – Quality

Biocon Limited, an innovation-led global biopharmaceuticals company, announced that Dr. Sriram AV, Head – Quality will superannuate on October 31, 2023. Nitin Tiwari has been appointed to the role of Head -Quality of the company, with effect from November 1, 2023. Nitin Tiwari holds a master’s degree in fine chemicals and drugs from G.S. Institute […]

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Executive Movements

Punjab & Sind Bank appoints Ravi Mehra as Executive Director

Punjab & Sind Bank Limited announced the appointment of Ravi Mehra as Executive Director of the company, with effect from October 9, 2023. According to the Bank’s exchange filing, “This is to inform that Government of India, Ministry of Finance, Department of Financial Services, vide notification no.eF.no.4/1(v)/2023-BO.I dated 09.10.2023, in exercise of the powers conferred […]