Month: June 2023

Deshpande Startups appoints industry veteran Dr Karthik Sankaran as CEO

Deshpande Startups, India’s largest business incubator, has appointed Dr Karthik Sankaran as the new Chief Executive Officer (CEO). With an impressive background in the semiconductor and software industry, Dr Sankaran brings extensive leadership experience and a proven track record of driving innovation, a statement said. In his new role, he will be leading all four programmes of…

HCLTech Earns Intel’s 2023 EPIC Distinguished Supplier Award

HCLTech, a global technology company, is proud to announce that it has earned Intel’s EPIC Distinguished Supplier Award. Through its dedication to Excellence, Partnership, Inclusion, and Continuous (EPIC) quality improvement, HCLTech has achieved a level of performance that consistently exceeds Intel’s expectations. “As one of only 22 Distinguished Supplier Award recipients across the Intel global supply chain, HCLTech stands out among suppliers…

How to stay focused at work ?

man working using a laptop

In today’s world, it can be hard to stay focused. There are so many distractions vying for our attention, from our phones and computers to our social media feeds and email. It can be tough to get anything done when we’re constantly being pulled in different directions. But it’s important to be able to focus,…

IPS Strengthens Asia and Pacific Presence with New Managing Director, Matthew Shippey

IPS, a leading provider of architecture, engineering, procurement, construction management, and validation services, announces the appointment of an industry-leading professional, Matthew Shippey, to support the company’s continued growth in the Asia Pacific (APAC) Region. With over 35 years of strategic leadership experience across multiple industries, Matthew’s arrival marks a significant milestone in the company’s growth and momentum in…

Accenture completes acquisition of Bengaluru-based Flutura

Accenture has completed its acquisition of Flutura, an industrial artificial intelligence (AI) company, headquartered in Bangalore, India. Terms of the transaction, which Accenture announced on March 21, 2023, were not disclosed. Flutura strengthens Accenture’s industrial AI services for clients in the energy, chemicals, metals, mining, and pharmaceutical industries, a statement said.

Natural Capsules announces strategic investment by Somerset Indus Capital Partners

Natural Capsules Limited announced a strategic investment from Somerset Indus Capital Partners, a healthcare-focused private equity fund. The investment involves the acquisition of a minority stake in Natural BioGenex Private Limited (NBPL), an unlisted subsidiary of Natural Capsules Limited. NBPL is constructing a state-of-the-art Greenfield facility in Tumkur, near Bengaluru. This state-of-the-art plant will manufacture…

LIC Housing Finance appoints Tribhuwan Adhikari as Chief Operating Officer

LIC Housing Finance Limited announced the appointment of Tribhuwan Adhikari as Chief Operating Officer of the company, with effect from June 22, 2023. According to the company’s exchange filing, “This is to inform that Shri T Adhikari has been appointed Chief Operating Officer of the company by the Board of Directors vide resolution dated 22/06/2023…

Apexon announces leadership appointments, appoints Anand Kabra as Chief People & Transformation Officer

Apexon, a digital-first technology services company announced the appointment of three seasoned industry professionals. With the addition of Anand Kabra as Chief People & Transformation Officer, Sandeep Dhar as Chief Delivery Officer, and Srinivasan Jayaraman as Chief Revenue Officer, Apexon bolsters its position as a technology services partner of choice, globally. Anand Kabra, Chief People…

Wipro Expands Presence in South Africa, Inaugurates New Office in Cape Town

Wipro Limited, a leading technology services and consulting company, announced the inauguration of its new office at Sable Park, Century City, in Cape Town, underscoring its commitment to clients in the region. Anis Chenchah, Chief Executive Officer – Asia Pacific, Middle East and Africa (APMEA), Wipro Limited and Member of the Wipro Executive Board said,…

GE Aerospace signs MOU with Hindustan Aeronautics Limited to produce fighter jet engines for Indian Air Force

GE Aerospace announced that it has signed a Memorandum of Understanding (MOU) with Hindustan Aeronautics Limited (HAL) to produce fighter jet engines for the Indian Air Force, a major milestone amidst Indian Prime Minister Narendra Modi’s official state visit to the United States and a key element in strengthening defense cooperation between the two countries. The agreement includes the…

Former Rolls-Royce Chief Customer Officer and Senior easyJet Captain Appointed to Global Airlines Advisory Board

Global Airlines, the world’s newest long-haul airline, has announced two further appointments to its Advisory Board: Jacqueline Sutton MBE and Emma Henderson MBE. Jacqueline Sutton held the position of Chief Customer Officer (CCO) at Rolls-Royce Civil Aerospace. As a member of the Leadership Team, she was responsible for the global customer base including airline operators, leasing…

LGT Wealth India announces key appointments

LGT Wealth India, a private wealth management company and part of the LGT Group, announced the appointment of Chirag Doshi as the Chief Investment Officer – Fixed Income and Abhishek Modi, who joins as Director- Portfolio Management. Both Chirag Doshi and Abhishek Modi join LGT from Credit Suisse, India. Chirag Doshi brings with him over…

Tummoc raises $1 mn pre-Series A round led by Inflection Point Ventures

Tummoc, a multi-modal connectivity platform, has raised $1M in a Pre-Series A Round led by Inflection Point Ventures. These funds raised will cover various aspects such as the recruitment and training of personnel, the development of technology and software, the expansion of the system, marketing initiatives, and administrative requirements. In summary, the funds will be utilized to…

Tagworks Pharmaceuticals raises $65 mn Series A funding led by Ysios Capital and Gilde Healthcare

Tagworks Pharmaceuticals BV (Tagworks), the pioneer of Click-to-Release chemistry designed to deliver more effective and safer systemic therapies, announced a $65 million Series A financing led by Ysios Capital and Gilde Healthcare with participation from Novartis Venture Fund, New Enterprise Associates (NEA), and Lightstone Ventures. They join existing investors including Meneldor and Oost NL. In conjunction with the…