Varroc Appoints Padmanabh Sinha as Independent Director

21 Jul 2025 CW Team

Varroc, a leading global Tier-1 automotive supplier, has announced the appointment of Padmanabh Sinha as an Independent Director on its Board, effective 18 July 2025. This marks Sinha’s return to the Varroc Board, reinforcing the company’s focus on governance, strategic oversight, and long-term value creation.

With over 25 years of experience in private equity and technology entrepreneurship, Sinha has held leadership roles at several prominent global and domestic investment institutions. His expertise spans capital allocation, investment stewardship, and value creation across economic cycles.

He is currently the Managing Partner and Co-founder of LaunchBay Capital, a growth-stage private equity platform focused on mid-market businesses in India across Consumer, Healthcare, Industrials, Financial Services, and Technology sectors. Prior to this, he held senior positions at the National Investment and Infrastructure Fund (NIIF), Temasek, and Tata Opportunities Fund.

Sinha holds a bachelor's degree in Computer Science (Hons) from BITS Pilani, an MBA from IIM Calcutta, and has completed the Executive Development Program in Private Equity at Harvard Business School.

Tarang Jain, Chairman & Managing Director, Varroc, said, “We are delighted to welcome Padmanabh Sinha back to our Board. His broad-based experience and strategic perspective will be a valuable addition to Varroc as we accelerate our transformation and growth journey.”

Padmanabh Sinha said, “It is an honour to join the Board of Varroc. I look forward to contributing to Varroc’s journey of innovation, sustainable growth, and global competitiveness.”

Infrastructure Urban

23 Oct 2025

PM GatiShakti Reviews Major Road, Rail and Metro Plans

The Network Planning Group (NPG) under the PM GatiShakti initiative has evaluated multiple infrastructure projects spanning road, rail, and metro systems. The review covered two highway projects by the Ministry of Road Transport and Highways (MoRTH), two railway proposals by the Ministry of Railways, and one metro project under the Ministry of Housing and Urban Affairs (MoHUA). According to the Ministry of Commerce and Industry, the projects were assessed for alignment with PM GatiShakti’s principles of integrated multimodal connectivity, last-mile linkage to economic and social hubs, and t..

MahaRERA Fast-Tracks 809 Project Approvals Ahead of Diwali

As Diwali 2025 approaches, the Maharashtra Real Estate Regulatory Authority (MahaRERA) is expediting approvals for new housing projects to ensure compliance with legal, technical, and financial standards before launch. The festive season, especially Dussehra and Diwali, traditionally marks a peak period for real estate launches as developers seek to capitalise on auspicious timings and heightened buyer sentiment. This year, MahaRERA has taken a proactive approach to facilitate timely project approvals ahead of the celebrations. A total of 809 project applications were approved recently, cover..

HFCL Bags Rs 2.8 Billion Export Order for Fibre Cables

Telecom equipment manufacturer HFCL has secured an export order worth USD 32.02 million (around Rs 2.8 billion) for the supply of optical fibre cables to an international client. In a regulatory filing, the company stated that the order was received through its wholly owned overseas subsidiary and is scheduled for execution by December 2026. The contract entails the supply of optical fibre cables customised to the client’s specifications, underscoring HFCL’s strong manufacturing expertise and technological capability in the global telecom infrastructure space. This order further strengt..