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Appointments
ECONOMY & POLICY

Appointments

S. Padmanabhan has been named as the new Chairman of Tata Chemicals with effect from May 30, 2025. Padmanabhan has been chairman of the Governing Council of Business Excellence, Tata Sons, since 2014. From 2008 to 2014, he was executive director, Tata Power. Before that he was executive director,...

S. Padmanabhan has been named as the new Chairman of Tata Chemicals with effect from May 30, 2025. Padmanabhan has been chairman of the Governing Council of Business Excellence, Tata Sons, since 2014. From 2008 to 2014, he was executive director, Tata Power. Before that he was executive director, Tata Consultancy Services, from May 1982 to February of 2008.Bharat Petroleum Corporation (BPCL) has announced that Sanjay Khanna has taken over the additional responsibility as Chairman and Managing Director (CMD) of the company. This appointment is in addition to his current role as Director (Refineries).DLF has appointed Vinati Kastia Kilambi as an Independent Director for a five-year term starting May 19, 2025. A seasoned legal professional from AZB & Partners, Kilambi replaces A.S. Minocha.Hitachi India has appointed N Venu as its new Managing Director, in addition to his current roles as managing director and CEO of Hitachi Energy India and region head for South Asia at Hitachi Energy. With nearly four decades of experience, Venu has led Hitachi Energy in India since its formation in 2019.  IndiGo has appointed Vikram Singh Mehta as the Chairman of the Board. Mehta has been a Member of the Board of InterGlobe Aviation Limited (IndiGo) since May 2022.

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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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