Kotak Mahindra Bank (KMBL) announced that it has executed binding share purchase agreement(s) to acquire 100% of equity shares of Sonata Finance Private Limited (SFPL), a Non-Banking Finance Company, classified as an NBFC-MFI, from existing shareholders, subject to regulatory and other approvals, including from Reserve Bank of India. The acquisition is for an aggregate all-cash…
Silicon Labs, the leader in secure, intelligent wireless technology for a more connected world, announced the official inauguration of its new office in Hyderabad, located at Salarpuria Sattva Knowledge City. This will be Silicon Labs’ largest global centre for engineering and wireless connectivity innovation. With its expansion in Hyderabad, Silicon Labs can continue to grow its talented team…
Silicon Labs has appointed Dr. Manish Kothari to the IoT leadership team. As vice president of Silicon Labs India, Kothari will grow the wireless engineering talent, build infrastructure, and foster local partnerships in Hyderabad. Kothari brings more than 20 years of technology management experience, most recently serving as head of wireless software product development at…