Electric Utilities company JSW Energy Limited announced the resignation of Prashant Jain as Joint Managing Director and Chief Executive Officer of the company, with effect from January 31, 2024. According to the company’s exchange filing, “we hereby inform you that Mr. Prashant Jain has expressed his intention to take early retirement from active professional life…
JSW Energy Limited has completed the acquisition of Ind-Barath Energy (Utkal) Limited (Ind-Barath) pursuant to the Resolution Plan (RP) submitted under the corporate insolvency resolution process of the Insolvency and Bankruptcy Code, 2016 and approved by the Committee of Creditors (CoC) and National Company Law Tribunal. The RP has now been implemented, consequently Ind-Barath has…
Instor India, a provider of retail, industrial & specialized fixtures, has appointed Prashant Jain as the new Chief Operating Officer. Prashant has more than 20 years of experience in the retail industry, specifically in the expansion of COCO (Company Owned Company Operated) and FOCO (Franchise Owned Company Operated). As the newly appointed Chief Operating Officer, Prashant…
JSW Neo Energy (JSW Neo), a wholly owned subsidiary of JSW Energy has agreed to acquire a portfolio of 1,753 MW of Renewable Energy generation capacity from Mytrah Energy (India) Private Limited comprising of 17 SPVs and 1 Ancillary SPV. Necessary definitive agreements have been signed between the parties. The transaction is subject to approval…
Crofarm, a Gurugram-based Agritech startup working on making a supply chain that supports farmers and provides businesses with freshest produce in the most efficient manner, announced that it has raised $1 million in a funding round led by Smile Group, according to YourStory report. Also, the company announced entering into business-to-business-to-consumer (b2b2c) space with the…