Sanjay Bhargav Step Down From Elon Musk’s Starlink
Sanjay Bhargav was appointed as Country Director and chairman of the board for Starlink India in the month of October 2021. Earlier, Bhargav Announced a target to build 200,000 terminals across India. But was waiting for the government approval on the same. On 4th January Sanjay Bhargav got on Linkedin and wrote about his withdrawal…
John David
Alka Mittal, Next Chairman and Managing Director at ONGC
Alka Mittal is appointed as the full-time chairman and managing director at Oil and Natural Gas Company (ONGC), announced by the company on January 3. With this charge, Alka has become the first woman ever to head ONGC as CMD. However, she is the temporary CMD and will hold the post for six months or…
TATA Motors Recorded Second Highest Sales in December 2021
TATA Motors Overtook Hyundai – the South Korean Carmaker and Recorded the Highest Sales in December 2021. Keep reading for full coverage. TATA Motors, one of India’s biggest and oldest industrial groups, overtook Hyundai and became the second-highest seller of passenger vehicles in the domestic market after decades in December 2021. Despite the second wave…
Lulu Announced to Invest ₹500 Crore In Food Plant in Greater Noida
Lulu, the UAE-based retail company, announced setting up its export-oriented food and agriculture-produce processing park in Greater Noida, Uttar Pradesh, with an initial investment of Rs. 500 crore. At a formal function held at Uttar Pradesh Chief Minister Yogi Adityanath’s office in Lucknow, 20 acres of land was handed over to Yusuffali M A, Lulu…
GlobalBees Joins Unicorn Club For its Thrasio-Like House of Brands
GlobalBees has joined the Unicorn club as the New Delhi headquarters firm to scale its Thrasio- like the house of Brands. Prem Invest, the investment firm controlled by Indian tycoon Azim Premji, led the nine-month-old startup’s Series B financing round, the young firm disclosed in a regulatory filing. Steadview Capital and existing investors ━ SoftBank…
TATA-Siemens Consortium to Develop Corridor For Pune Metro
A joint venture between TRIL Urban Private Limited (a Tata group company) and Siemens project venture GmbH (a subsidiary of Siemens Financial Service) under the Public-Private Partnership (PPP) route will develop the metro corridor from Hinjewadi to Shivajinagar. For this project, the joint venture, TATA and Siemens, formed a special company called Pune IT City…
Rakesh Jhunjhunwala and R K Damani to Buy 10% Stake in RBL Bank
Rakesh Jhunjhunwala, Ace investor, and R K Damani, D-Mart’s founder, have approached the Reserve Bank of India to acquire 10% stakes in the Ratnakar Bank Limited (RBL), according to the CNBC TV 18 report. The reports suggested by the channel that the RBI is in the process of examining the request. The news comes a…
Ex-executive of BYJU’s Chetna Gogia Appointed as CHRO at GoKwik
Former BYJU’s executive and HR Head at PolicyBazar, Chetna Gogia is now appointed as the New Cheif Human Resource Officer at GoKwik. GoKwik, an e-Commerce enablement company has appointed Chetna Gogia as the new CHRO. Here, she will be a key player in aiding to its growth path and complementing GoKwik all remote, people-centric culture. …
RBI Has Changed Online Payment Rules- Effective From New Year
Reserve Bank of India has Announced Changing the Guidelines for Merchants and Gateways. The Revised Online Payment Rules Will Be in Effect from January 1. Read This Post To Know Everything About Newly Amended Rules. With a bounce in digital payments in India, the chances of fraud have also increased. Online transactions are always prone…
Geetika Mehta, New Chief Human Resource Officer at ZebPay
ZebPay, a crypto asset exchange, announced hiring Geetika Mehta as a chief human resource officer (CHRO) on Monday. Before this, she was the Chief People Officer at Jubilant Industries and has played leadership roles in OYO, PUMA, Urban, and Ladder. Here, at ZebPay, she will be responsible for designing and implementing people strategy, cultural transformation,…