Appointments
ECONOMY & POLICY

Appointments

Vedanta Aluminium appointed David Stone as the Chief Executive Officer – Coal Mines. David, with a distinguished career spanning over 30 years, will oversee the entire coal mining operations of the company, spearheading strategy and leveraging technology and innovation to optimise resource effi...

Vedanta Aluminium appointed David Stone as the Chief Executive Officer – Coal Mines. David, with a distinguished career spanning over 30 years, will oversee the entire coal mining operations of the company, spearheading strategy and leveraging technology and innovation to optimise resource efficiency.  BCD Group has appointed Ashwinder Singh as Vice Chairman and CEO. With this strategic shift, Angad Singh Bedi, the current Managing Director has been elevated to Chairman and Managing Director. This transition signals a decisive move as the group gears up for accelerated growth and expansion into high-impact sectors.  Navin’s, the real estate developer in Chennai, has announced promotions for its executive leadership.Dr R Kumar, founder of Navin’s will be Chairman and Viswajith Kumar (Navin) will be the new Managing Director.AJAX Engineering, which makes concrete equipment, has appointed Gautam Eunny as Chief Marketing Officer (CMO). With over 25 years of experience, Gautam has held prominent positions with Pidilite, Lafarge India and Larsen & Toubro.    

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Products

SOMANY unveils flagship Atelier showroom in New Delhi

SOMANY Ceramics has inaugurated its new flagship Atelier showroom in Rajouri Garden, New Delhi. Spread across 5,500 sq ft, the immersive showroom is aimed at architects, designers, and customers seeking cutting-edge tile and bathware solutions.The experience centre features SOMANY’s high-end collections including the Coverstone large-format slabs, Regalia finishes, and the Italian-inspired Italmarmi range. It also showcases the French Collection-Bathware with matte-finish fittings, as well as new tile lines like Colorato, Porto, and Sedimento. A dedicated EZY Fix zone offers end-to-end solut..

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Resources

Nestlé India goes digital and green with new Bhiwandi DC

Nestlé India has inaugurated a fully automated, paperless Distribution Center (DC) in Bhiwandi, Maharashtra, reinforcing its commitment to sustainability and digital transformation. The centre is the company’s first to feature a Digital Twin, enabling warehouse simulation and predictive planning.Built in just seven months, the facility houses 20,000 pallet positions and the country’s largest cold room for chocolate storage. It also features India’s first shuttle racking system, improving space efficiency and throughput. Other innovations include AI-enabled CCTV, a digital rack inspectio..

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Technology

Simple Energy eyes Rs 30 billion IPO in FY27

Simple Energy is planning an Initial Public Offering in Q2–Q3 FY27 to raise Rs 30 billion (USD 350 million) as it focuses on profitability and manufacturing expansion. The clean-tech startup aims to achieve $96 million (Rs 800 crore) in revenue in FY26 and cross $180 million (Rs 1,500 crore) in cumulative revenue over the next 18 months.Founded in 2019, the company has recorded 500 per cent year-on-year growth and achieved gross margin breakeven within two years of commercial operations. It is targeting EBITDA positivity by FY26 and net profitability ahead of the IPO.Proceeds from the IPO wi..

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