Virtusa Corporation makes key leadership appointments
The Hindu
In February this year, Baring PE had said it completed the acquisition - in an all-cash deal of $2 billion - and privatisation of Virtusa
Baring Private Equity Asia (BPEA)-backed Virtusa Corporation, a provider of digital strategy, digital engineering and IT services, has announced the appointment of a CEO for global markets and industries, a Chief Technology Officer (CTO) and a new Chief Financial Officer (CFO), on Tuesday.
Samir Dhir, who was heading Americas for the company, has now been appointed CEO, Global Markets and Industries, in a newly formed role. He would be responsible for all industry groups and markets globally said Virtusa in a statement.
Amit Bajoria has been appointed as Virtusa’s new CFO. Prior to this, he worked with Wipro for over 20 years under various capacities and recently as senior VP finance and was responsible for deal structuring, financial reporting and M&A activities.
With the number of participants for Olympic Games growing by the year, Italian firm Technogym is planning to expand it’s presence in India through it’s products and services.
Horizon Industrial Parks, a Blackstone entity, in a span of four years has emerged as one of the largest industrial and logistics developers in South India, building a strong footprint to support the economic growth in the region.
The Indian stock market with weak dollar returns has had 90 mainboard IPOs in 2025 so far. The momentum of this number, has, however been staggered.
Biocon plans to merge Biocon Biologics, acquiring remaining stakes for $5.5 billion, enhancing its global biosimilars and generics portfolio.
U.S. Deputy Trade Representative Rick Switzer leads a team to India December 10-12 for tariff discussions on a trade agreement.
Finance Minister announces customs simplification as a key reform in the upcoming Budget, aiming for greater transparency and efficiency.
IndiGo cancels over 1,000 flights, faces crew shortages, and receives government exemptions as air travel chaos ensues across India.
Fino Payments Bank receives RBI approval to transition into a Small Finance Bank, marking a significant milestone in its evolution.
Lok Sabha passes Health Security se National Security Cess Bill, 2025, imposing a 40% tax on pan masala for public health funding.
Adani and Hindalco are exploring investments in Peru's copper sector to meet India's rising demand for copper.
India is negotiating with eight nations to expand UPI payment acceptance, enhancing digital transactions for Indian tourists abroad.
India seeks alternative sources for specialty fertilizers from Belgium, Egypt, and others due to China's export restrictions.
India and Russia commit to enhancing trade in national currencies, aiming for $100 billion bilateral trade by 2030.