KKR, a global investment firm, announced that funds and accounts managed by its credit business have agreed to provide a £75 million non-recourse financing facility to TalkTalk, a leading value for money connectivity provider in the UK. The facility, which is collateralized by certain accounts receivables originated by TalkTalk and its subsidiaries, replaces a prior £75 […]
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The US-India Strategic Partnership Forum (USISPF) announced the appointment of Peter Marrs, President of Dell Technologies for the Asia-Pacific and Japan region to the Board of Directors. In addition to Marrs, USISPF is also announced that General (Dr) Manoj Mukund Naravane (Retd) who most recently served as the 28th Chief of the Army Staff of the Indian Army from 2020 to 2022, and […]
NIIT Learning Systems Limited [NIIT Managed Training Services (NIIT MTS)] announced that it has made a strategic investment in KIC InnoEnergy, SE (EIT InnoEnergy) – EIT InnoEnergy secures over €140 million in private placement round. With this investment, NIIT MTS joins the cap table as one of the new strategic investors in the private placement round […]
L’Oréal announces a strategic leadership appointment in the Consumer Products Division (CPD), with Manashi Guha nominated to a new assignment as Managing Director, CPD for L’Oréal UK & Ireland from October 1, 2023. CPD holds a unique brand portfolio including its four iconic global brands of L’Oréal Paris, Maybelline New York, Garnier and NYX Professional Make Up, […]
Association of Investment Bankers of India (AIBI), the investment banking sole representative to SEBI and various statutory authorities, announced the appointment of Mahavir Lunawat, Managing Director of Pantomath Capital Advisors Pvt Ltd. as its Chairman for two years starting September 2023. The Chairperson of AIBI represents Investment Bankers on the Primary Market Advisory Committee (PMAC) of […]
United Breweries Limited (UBL), now part of Dutch brewing firm Heineken, announced the appointment of Vivek Gupta as Managing Director and CEO of the company. Gupta, 47, joins UBL from B2B online trade platform Udaan.com, and his appointment will be effective from September 25, 2023, according to PTI report. The UBL board at its meeting […]
InCred Capital, the wealth, asset management and institutional arm of InCred Group, has further strengthened its position in the structured products business with strategic hiring in its leadership team. The firm has brought Suchitra Subramanian on board as Head of Trading & Risk Management, close on the heels of having hired Philipp Orgler as Head of […]
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KKR invests in Zenobē
KKR, a global investment firm, announced it is investing approximately $750m to scale Zenobē, a market leader in transport electrification and battery storage solutions, to accelerate the global decarbonisation of diesel fleets and provide grid services that are critical for the decarbonisation of the energy sector. Infracapital, the infrastructure equity investment arm of M&G Plc […]
CanAm Enterprises (CanAm) announced that Piyush Gupta has been appointed to the position of Vice President for India and the Middle East. A seasoned Business Development professional with 12 years of experience in sales, strategy and client management, Gupta has deep cultural ties to, and understanding of, the world’s most populous and diverse country – India. […]
Encora, a global next-gen digital engineering services company, announced that it has closed the acquisition of Softelligence, a Romanian software engineering services provider. The acquisition, originally announced on May 16, 2023, establishes Encora’s first delivery centers in Europe and further enhances the company’s ability to deliver nearshore services to clients in the Americas, Asia, Australia and now Europe, as per the […]
Edtech startup PrepInsta has announced the promotion of Vibudh Upadhyay to the position of Head of Growth Strategy. Vibudh’s remarkable journey within the company, spanning over four years, has been marked by outstanding contributions and an unwavering commitment to exceptional performance, a statement said. Vibudh Upadhyay, a B.Tech graduate in Mechanical Engineering from Galgotias College […]
Accenture has acquired Nautilus Consulting, a leading digital healthcare consultancy in the U.K. that specializes in Electronic Patient Record (EPR) solutions. The acquisition will enhance Accenture’s digital transformation, implementation, and optimization capabilities across the U.K. and global healthcare space, a statement said. Nautilus joins Accenture’s Health Strategy & Consulting team in the U.K., bringing expertise in […]
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Abbott to acquire Bigfoot Biomedical
Abbott, a global healthcare leader, and Bigfoot Biomedical announced a definitive agreement for Abbott to acquire Bigfoot, a leader in developing smart insulin management systems for people with diabetes. The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2023. Financial terms were not disclosed. Abbott and Bigfoot have worked together on connected […]
Audi of America announced the creation of a brand marketing team, appointing Emilie Cotter to Head of Brand Marketing and Communications, Chief Marketing Officer. The integrated function will unify brand strategy, marketing and external communications to accelerate growth and transition consumers to an electric future. “This restructure comes at a critical inflection point in the U.S. for […]
Wipro Limited, a leading technology services and consulting company, has been recognized as a Leader in the 2023 Gartner Magic Quadrant for Public Cloud IT Transformation Services. Wipro FullStride Cloud provides customers with a tailored approach to building a cloud ecosystem that combines data and the full benefits of running a business in the cloud. According to […]