Material Welcomes Ranjan Kalia as Chief Financial Officer

Business Wire India Material Plus Holdings, LLC (Material), an intelligent growth company providing AI-driven consumer insights, growth strategy, product design and digital platform engineering, is pleased to welcome Ranjan Kalia as Chief Financial Officer (CFO).   Kalia’s appointment comes as Material continues to scale its global capabilities, helping clients harness the power of data and AI to deliver demand-centric growth. A three-time CFO with more…

Johns Manville Announces John Vasuta as New CEO

Business Wire India Johns Manville (JM), a global building and specialty products manufacturer and a Berkshire Hathaway company, announced today that Bob Wamboldt will retire and John Vasuta will assume the role of President and Chief Executive Officer, effective August 1, 2026.   This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260519630814/en/     John Vasuta will become JM’s CEO and President on…

Canva Brings On-Brand, Editable Design into Google Gemini

Business Wire India   With the addition of the Canva Connected App for Gemini, the Canva Design Engine now enables seamless creation in every major AI Assistant. Turn AI-generated images from Google’s Nano Banana model into editable designs with Canva’s Magic Layers AI tool. Connect to team context and brand intelligence stored on Canva to create on-brand designs from the first prompt.   Canva, the…

Mereo Insurance Announces Move into Excess Casualty Insurance

Business Wire India Mereo Insurance Limited (“Mereo”) today announced a renewal rights transaction with Everen Specialty Ltd. (“ESL”), a member of the Everen Group, for ESL’s Excess Casualty Energy portfolio.   This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260519154915/en/     David Croom-Johnson, President & Chief Executive Officer of Mereo Insurance Limited   Under the transaction, Mereo will become the insurance carrier…

motorola razr fold Goes on Sale in India Featuring World’s #1 Foldable Camera System Recognised by DXOMARK Gold Label, 6000mAh Biggest Battery in Foldables and Bright 6.6″ Screen That Unfolds Into a Massive 8.1″ 2K Display Starting at Rs. 5,556*/month Along With moto buds 2 Plus Featuring Segment’s Best Audio Powered by Sound by Bose at Rs. 4,999*

Business Wire India The motorola razr fold and moto buds 2 plus go on sale today from 12 PM onwards on Flipkart, Motorola.in, and leading retail stores across India at an effective price starting at just Rs. 1,39,999* and Rs. 4,999* respectively The smartphone features the World’s Best Foldable Camera System recognised with the DXOMARK Gold Label for imaging excellence, featuring pro grade Sony LYTIA™…

Bounteous Appoints Srikanth Kamaraju as Executive Vice President, India Practice Leader

Business Wire India Bounteous, an AI Services Firm, today announced the appointment of Srikanth Kamaraju as Executive Vice President, India Practice Leader, supporting the company’s continued expansion of AI and digital transformation capabilities in India and globally. Srikanth joins Bounteous with more than 25 years of global leadership experience spanning digital transformation, artificial intelligence and generative AI strategy, customer success, and enterprise consulting. Prior to…

Samsung Bioepis Launches Ustekinumab Biosimilar, Marking Its First Product Launch in Japan

Business Wire India   Ustekinumab BS 45 mg Syringe for S.C. Injection「NIPRO」 is now available in Japan, after its listing under the National Health Insurance (NHI) Drug Price Standard Marks first launch in Japan through partnership with NIPRO CORPORATION Samsung Bioepis continues to expand its global presence, widening access to life-enhancing treatments for patients with chronic autoimmune conditions   Samsung Bioepis Co., Ltd. today announced…

The LYCRA Company to Successfully Complete Comprehensive Financial Restructuring

Business Wire India   Company positioned for long-term growth, operational excellence, and continued customer-focused innovation   Will emerge from financial restructuring with enhanced financial flexibility and significantly less debt   New ownership and Board of Directors committed to executing on vision to take the business to the next level   Bruce Rubin appointed Executive Chairman and Dean Williams appointed Interim Chief Executive Officer   The…

India’s Steel Boom Faces a Carbon Challenge, Says Asia Research & Engagement

Business Wire India India must change how steel is produced if it’s to meet growth and climate targets simultaneously Industry emissions well above global average, threatening India’s ambition to become green steel leader Transition Report Cards reveal mixed picture at India’s largest steel companies, with Tata Steel and Jindal Stainless leading progress India green steel transition moving beyond target-setting and into a contest over bankable…

Global Millennial Capital Closes USD 100 Million IPO Opportunities Fund Focused on AI, Decentralized Financial Infrastructure, and Climate Technologies

Business Wire India Global Millennial Capital Ltd. (“GMCL”) today announced the final closing of its inaugural IPO Opportunities Fund at USD 100 million. Raised through a private placement with institutional and professional investors, the fund targets late-stage and special opportunities investments across mid-cap technology companies operating in high-growth sectors, including artificial intelligence, decentralized finance infrastructure, cybersecurity, digital infrastructure, enterprise software, and climate technologies.   This…