WeWork announces Sandeep Mathrani as its chairman
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WeWork announces Sandeep Mathrani as its chairman

WeWork Inc announced its Chief Executive Officer (CEO) Sandeep Mathrani as Chairman of the office-sharing company, months after Marcelo Claure left the role.

Mathrani is a real estate industry veteran who was named WeWork's chief executive in 2020 and given the task of executing a turnaround after an Initial Public Offering (IPO) attempt and investor concerns over corporate governance standards.

Claure was the former CEO of SoftBank Group Corporation also left his position at this Japanese investment giant in January.

WeWork told the media that Saurabh Jalan, partner at SoftBank Group International, a unit of SoftBank Group, has joined its board.

Jalan has been with SoftBank since 2015, oversees the conglomerate's investments in several companies, including WeWork and T-Mobile US, etc.

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Also read: WeWork bags US govt contract for providing hybrid working model

WeWork Inc announced its Chief Executive Officer (CEO) Sandeep Mathrani as Chairman of the office-sharing company, months after Marcelo Claure left the role. Mathrani is a real estate industry veteran who was named WeWork's chief executive in 2020 and given the task of executing a turnaround after an Initial Public Offering (IPO) attempt and investor concerns over corporate governance standards. Claure was the former CEO of SoftBank Group Corporation also left his position at this Japanese investment giant in January. WeWork told the media that Saurabh Jalan, partner at SoftBank Group International, a unit of SoftBank Group, has joined its board. Jalan has been with SoftBank since 2015, oversees the conglomerate's investments in several companies, including WeWork and T-Mobile US, etc. Image Source Also read: WeWork bags US govt contract for providing hybrid working model

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Bentley Systems organises Innovation Day in Gujarat

Bentley Systems, the infrastructure engineering software company, organised an exclusive Innovation Day at ITC Narmada, Ahmedabad. The event showcased the power of digital twins and digital delivery in transforming infrastructure projects across various industries.

The company hosted the day in the presence of important government bodies, design consultants, construction contractors and project management consultants, who explored the company’s industry-leading software solutions for the transportation, construction, energy, and water sectors.

Kamalakannan Thiruvadi, Regional ..

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Celebrating Two Years: Jindal Aluminium

Jindal Aluminium, the largest producer of aluminium extruded products in India, has completed two years since the commencement of its Bhiwadi operations. The company concluded an Rs 100 crore acquisition of Indo Alusys Industries Bhiwadi assets and announced the successful commencement of production in January 2022.

Over the last two years, Jindal Aluminium has transformed the 102,000 sq m campus into a state-of-the-art manufacturing facility with another investment of approximately Rs 300 crore. It utilises cutting-edge production techniques to ensure efficiency ..

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KEC wins new orders of Rs 8.16 billion

KEC International, a global infrastructure EPC major, an RPG group company, has secured new orders of Rs 8.16 billion across its various businesses:

Civil: The business has secured orders for infrastructure projects in India:

  • Metals & mining: Setting up of a steel plant in Northern India
  • Cement: Building a cement plant in Central India
  • Carbon Black: Establishing a plant for carbon derivatives in Eastern India
  • Transmission & Distribution (T&D): The business has secured orders for supply of towers in the United States of ..

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