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Appointments
ECONOMY & POLICY

Appointments

Captain Jagmohan (Retd) has been appointed CMD of Mazagon Dock Shipbuilders Ltd. A naval architect with dual M.Tech degrees from IIT Delhi and IIT Kharagpur, he brings 25 years of Indian Navy experience to the role and extensive experience in shipbuilding and naval design.Wipro has ...

Captain Jagmohan (Retd) has been appointed CMD of Mazagon Dock Shipbuilders Ltd. A naval architect with dual M.Tech degrees from IIT Delhi and IIT Kharagpur, he brings 25 years of Indian Navy experience to the role and extensive experience in shipbuilding and naval design.Wipro has named Srini Pallia as its new CEO and MD, succeeding Thierry Delaporte. A Wipro veteran of over 30 years, Srini previously led the Americas 1 market. He brings deep industry experience and will steer the company into its next phase of growth.Zayd Noaman appointed youngest President of CREDAI Bengaluru; he ushers in a dynamic new team and bold vision focused on innovation, sustainability, and inclusive urban development over a two-year term.Moglix, one of Asia’s leading B2B e-commerce companies, has appointed Sanjeev Arora as its new Chief Financial Officer. In this role, Sanjeev will lead the company’s financial strategy and operations, with a focus on capital planning and advancing its long-term growth journey, including preparations for entry into public markets.

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Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group’s Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence’s long-term commitment to the Indian market and its support for the Indian Government’s Make in India initiative. The partnership’s current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the “Vulc..

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Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company’s growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

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Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association’s industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States� share of global activity below 15 per cent. Meanwhile, in..

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