Mohanty is director, production, at NMDC

Hyderabad: State-owned iron ore player NMDC on Wednesday said DK Mohanty has assumed charge as its director (production) on October 5. Mohanty had started his career in Vizag Steel Plant as management trainee (technical) in 1987.

KL University, EduSkills Foundation ink pact: KL Deemed to be University on Wednesday said it has entered into a memorandum of understanding (MoU) with EduSkills Foundation, a non-profit organization which enables Industry 4.0 ready digital workforce in India. As part of the MoU, both the entities will collaborate in the area of skill development, IT education and workforce development programmes.

EV expo postponed to Oct 23: A three-day EV Expo that was supposed to start from October 8 has been postponed to October 23. In order to provide an opportunity to more EV players, the organizers have taken the decision to postpone the event.

CoinSwitch 30th unicorn this yr: Cryptocurrency exchange platform CoinSwitch Kuber has raised $260 million from Andreessen Horowitz (a16z), Coinbase Ventures, and existing investors like Paradigm, Ribbit Capital, Sequoia Capital India and Tiger Global in a series-C funding round. With this, the company — now valued at $1.9 billion — became the second crypto platform in India to turn into a unicorn. Earlier, CoinDCX was valued at $1.1 billion when it raised a $90-million round in August. CoinSwitch Kuber will use the funds to increase its customer base and introduce new crypto products.