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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
Infosys names Nitin Paranjpe non-executive vice chairman;...
2026-05-01 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Infosys has announced that the Board of Directors has approved the appointment of Nitin Paranjpe as non-executive Vice Chairman of the Board with immediate effect, as per the company’s regulatory filing.

The appointment recognises Nitin’s contribution to the Board. He brings extensive experience, including as non-executive Chairman of Hindustan Unilever Ltd and non-executive Vice Chairman of Heineken NV. Previously, he held the positions of Chief People & Transformation Officer and Chief Operating Officer at Unilever as well. As Vice Chairman, he will support the Chairman in guiding the Board and strategic agenda.

“We are delighted to have Nitin in this position,” said Nandan Nilekani, Chairman of the Board, Infosys. “His expertise has already made a significant impact on the Board, and we look forward to his continued leadership in this expanded role. I will continue as the Chairman of the Board as long as necessary, and there is no plan for a chairman transition.”

In a separate development, the filing stated that the Board has approved a request by Shreyas Shibulal—son of former Infosys co-founder S. D. Shibulal—and his partner, Bhairavi Madhusudhan Shibulal, to reclassify from the “Promoter and Promoter Group” category to the “Public” category.

Infosys’ shares closed at ₹1,181.50 today, up 1.20 per cent.

Published on May 1, 2026