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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
SRCEL at IIM Bangalore appoints Rasika Prashant as CEO
BL Bengaluru Bureau · 2026-06-16 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

NSRCEL, IIM Bangalore’s flagship startup incubator, has announced the appointment of Rasika Prashant as its Chief Executive Officer, effective June 8, 2026.

A computer science graduate with an MBA from the University of California, Berkeley’s Haas School of Business, she began her career in marketing and digital strategy before taking on leadership roles in retail operations and entrepreneurship.

Rasika is best known as the co-founder and former chief marketing officer of Tata Soulfull, where she helped build the company from the ground up. She played a critical role in the firm’s acquisition and integration into Tata Consumer Products. Her contributions have been recognised through honours including Marketer of the Year at MAA 2024, AdTech Marketer of the Year, and Impact Magazine’s Most Influential Women of 2025.

This appointment marks a new chapter for NSRCEL as it continues to strengthen its role in supporting startups that address real-world challenges across sectors. With deep roots in entrepreneurship and brand building, Rasika is expected to further expand the organisation’s impact through founder-centric programmes, strategic collaborations, and ecosystem-led initiatives.

“As India’s innovation ecosystem enters its next phase of growth, I look forward to strengthening NSRCEL’s impact by adding depth, sophistication, and structured rigour to how we enable entrepreneurs,” said Prashant.

NSRCEL also expresses its appreciation to Anand Sri Ganesh, former CEO, for his leadership and contributions to the organisation. Under his guidance, the incubator expanded its reach and strengthened its programmes and partnerships, laying a strong foundation for continued growth.

Published on June 16, 2026