| | OCTOBER 20268Hinduja Tech Limited, a global engineering and R&D technology firm fo-cused on mobility and a subsidiary of Ashok Leyland, has appointed Faiz Ahmad as Chief Executive Officer following the retirement of CEO Kumar Prabhas, effective October 31, 2026. Prabhas con-cludes nine years of leadership and service to the company.Ahmad brings nearly two decades of experience across the Hinduja Group ecosystem, along with knowledge of Hinduja Tech's operations, clients, and culture. He most recently served as Chief Operating Officer and Head of Ve-hicle Engineering & Development, playing a key role in strengthening engineering capabilities, develop-ing talent, and driving operational excellence. His appointment is expected to support Hinduja Tech's growth and strategic priorities as it advances its mobility and technolo-gy ambitions. AMD plans to increase chip production in 2027 as the US semiconductor maker works to meet surging artificial intelligence demand, CEO Lisa Su said. Nvidia's closest rival in AI graphics processors, AMD has rapidly expanded its AI chip business, with its market capitalization recently surpassing $1 trillion amid the AI boom.Su said securing a supply chain capable of scaling CPU and GPU production was a key focus of her visit to Taiwan. She met Foxconn and is scheduled to meet TSMC to discuss pro-duction with regional partners. AMD is working with memory chip manufacturers to secure ad-equate supplies. Su is scheduled to visit South Korea, home to memory giants Samsung and SK Hynix, as the company strength-ens supply partnerships. Adani Power announced that it has signed an agreement with Bhu-tan's state utility Druk Green Power Corp Ltd to establish the 770 MW Chamkharchhu-I Hy-droelectric Project in Bhutan.Adani Power and DGPC, the state-owned utility of Bhutan, have signed a Shareholders Agreement (SHA) to establish the project, as stated in a dec-laration.The initiative represents the second significant hydropower partnership between the two entities, subsequent to the 570 MW Wangchhu Hydroelectric Project agreement finalized in September 2025. This is also included in the wider 5,000 MW hydropower development Memorandum of Understand-HUL APPOINTS YOGESH MULGAONKAR AS CFO BEAUTY & WELLBEINGAMD TO BOOST CHIP SUPPLY IN 2027 AS AI DEMAND SURGES, CEO SAYSADANI POWER, DRUK JOIN HANDS TO BUILD 770 MW HYDROPOWER PROJECTHINDUJA TECH NAMES FAIZ AHMAD CHIEF EXECUTIVE OFFICERNEWSROOM LEADERSHIP & APPOINTMENTSTECHNOLOGY & AIENERGY & INFRASTRUCTUREYogesh Mulgaonkar has assumed the role of CFO, Beauty & Wellbeing at Hin-dustan Unilever (HUL), alongside responsibility as Head of Investor Relations. The appointment marks another senior finance leadership role in his nearly two-decade career with HUL and its parent company, Unilever. He previously served as VP Finance/CFO, Personal Care, Supply Chain, and Head of Inves-tor Relations at HUL since April 2025.Mulgaonkar began his career with HUL in 2005 through Unile-ver's Future Leaders Programme after qualifying as a chartered accountant. His experience spans finance transformation, controls, supply chain, M&A, treasury, commercial finance, and business partnering. He is also a member of the ICAI Committee for Chartered Accountants in Industry, Entrepre-neurship & Public Service, further strengthening his industry leader-ship credentials. ing (MoU) that the Adani Group and DGPC signed in May 2025. The ceremo-ny for signing was graced by Bhutan Prime Minister Lyonchhen Dasho Tshering Tobgay along with various dignitaries.
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