Leading provider of cloud-native identity and governance platform solutions, Saviynt named Sanjeevi Kumar as Sales Lead in India to expand Saviynt’s footprint in the region. This strategic decision further validates Saviynt’s continued momentum as the Identity Authority and builds on the accelerated growth and record revenues from 2023. Kumar’s extensive background in sales strategy and…
India has reduced its windfall tax on domestically produced crude oil to ₹8,400 per tonne, effective from May 1st, 2024. This move comes after the government previously raised the tax to ₹9,600 per tonne in mid-April. Windfall taxes are levied on companies that profit unexpectedly from a sudden surge in commodity prices. In India’s case,…
Varun Mundra has recently ascended to the esteemed position of Senior Vice President – Marketing at Motilal Oswal Financial Services Limited. His previous role within the company was Vice President – Brand & Product Marketing. Making the announcement on his LinkedIn profile, Mundra joyfully conveyed, “I am thrilled to announce my new endeavor as Senior…
The Womb Communications, an independent agency headquartered in Mumbai, has announced the appointment of Anurag Gupta as its chief executive officer. He shared the news of his new role via his LinkedIn profile. Bringing to the table over 25 years of experience in leading integrated marketing companies, He boasts a proven track record in managing…
EV logistics ecosystem, Bluwheelz has named Pranay Prakash as the Head of Human Resources. Strengthening the senior leadership team at Bluwheelz, Pranay will help the company consolidate its growth in the metro cities while expanding aggressively into Tier 2 and Tier 3 cities. Before this appointment, Pranay was the Chief Human Resources Officer at Baazi…
Avaada Energy, the renewable energy arm of Avaada Group, announce that it has secured Green Financing of about INR 1,190 crore (USD 143 million) from India’s largest public sector lender, the State Bank of India (SBI). This financing will support the development of a 400 MWp utility-scale solar PV power project in the Surendra Nagar…
Addverb, a prominent global leader in robotics and automation, has unveiled its inaugural Sustainability Report titled ‘Technological Ecology’, showcasing its steadfast commitment to sustainability and responsible business practices. The report, produced in alignment with GRI Universal Standards and encompassing Environment, Social, and Governance (ESG) factors, underscores Addverb’s dedication to reducing ecological impact while contributing to…
Cloud4C, the world’s leading application-focused cloud MSP, is excited to announce Chanakya Levaka, a key leader behind the firm’s global growth, as its Chief Operating Officer. This proclamation recognizes Cloud4C’s strong leadership prowess in architecting its global vision; driving impactful business value with transformative technology and customer-first ideals. Overseeing end-to-end operations from customer engagement, enterprise…
L&T Technology Services, a prominent player in Engineering and R&D services, and FORVIA, the 7th largest global automotive supplier, have inked a strategic partnership worth approximately EUR 45 million. The collaboration focuses on Engineering development activities within FORVIA’s Clean Mobility division, aimed at addressing the evolving automotive landscape towards ultra-low emissions. Under the five-year agreement,…
India’s coal production and dispatches saw a rise in April 2024 compared to the same period last year. Here’s a breakdown of the key figures: Overall Coal Production: 78.69 Million Tonnes (MT) (Provisional), a 7.41% increase from April 2023 (73.26 MT). Coal India Limited (CIL) Production: 61.78 MT (Provisional), a 7.31% increase from April 2023…
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