Corporate

LafargeHolcim, a global leader in innovative and sustainable building solutions and the parent company of two of India’s largest building materials companies – ACC and Ambuja Cements has been officially rebranded as Holcim Group. Holcim launched its new Group identity uniting all its market brands behind its purpose to build progress for people and the planet.

G R Infraprojects Limited (“GRIL” or “Company”), an integrated road engineering, procurement and construction (“EPC”) company with experience in design and construction of various road/highway projects; received bids of 4,65,68,185 shares against the offered 78,98,594 equity shares, as per the 5:00 pm data available on the bourses.

The Government of India launched the Start-up India in 2016. The objective is to boost start-up culture and create an environment of entrepreneurship in India. India is currently the third largest start-up ecosystem globally with 41,000 start-ups and has over 30 unicorns, a giant leap from 4 unicorns in 2015.

Solar solutions startup, ZunSolar recently added a new feather to its cap by introducing the 50W monocrystalline PERC solar panel to its wide range of solar product offerings. The range already includes a combination of polycrystalline and monocrystalline panels, among other solar solutions, available on leading e-commerce platforms and www.zunsolar.com

Decimal Technologies, one of India’s leading FinTech firms has announced the appointment of Dinesh Parekh as the President for its Solutions Business. Dinesh will be leading the expansion and growth of company’s digital solutions with a key focus on organizational development, global expansion and product development for the company. This appointment reinforces Decimal’s commitment towards the digital transformation of the lending journey and bridging the digital gap.

Michelin Group has named Gaganjot Singh as the President, Michelin Africa, India and Middle East Region, the Company announced today. He will be based out of Pune, India. Gaganjot Singh succeeds Marc Pasquet, who has been called to other functions in the Michelin Group.

Eaton, a global power management company, announced its team expansion plans and shared that it intends to add approximately 700 employees in 2021. The hiring plan is in line with Eaton’s strategy to offer digital innovation and engineering solutions to its customers in India and also to global customers through its centers of excellence located in India.

Madhya Pradesh State AIDS Control Society (MPSACS) recognized and awarded Hindustan Power for its contribution towards blood donation during the COVID19 pandemic. The Company was awarded for its exemplary work in conducting blood donation camps and donation of 694 units of blood, which was also the highest such donation from Annupur, Madhya Pradesh.

Cash-strapped telco Vodafone Idea, rebranded as Vi, is aiming to raise up to $1 billion or Rs 7,400 crore by selling its fixed line broadband subsidiary, optic fibre unit and three data centre businesses. The company is seeking to generate funds to ease its cash crunch.

The government has extended the superannuation age of IPO-bound LIC Chairman to up to 62 years by making amendment to the Life Insurance Corporation of India (Staff) Regulations, 1960.