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Blackstone: Ex Blackstone MD s fund buys into defence supplier Data Patterns

Data Patterns, a home grown Defence & Aerospace Electronics Systems Company, develops systems for land, sea, air and space platforms. Established in 1985 by S. Rangarajan, Rs 200 crore Data Patterns has a workforce of over 700, currently. Data Patterns has domain expertise in development and designing of radars, communication, avionics, fire control systems, missile electronics, naval systems and satellite systems for predominantly Indian Defence and Space establishments and exports to the United Kingdom, South Korea and Europe. The company’s client list includes DRDO, MoD, BEL, HAL, ECIL and ISRO. Data Patterns has a dedicated research, design and manufacturing facility in Chennai. With Government of India’s emphasis on increasing local sourcing of defence equipment and components, the domestic supply eco-system is set to benefit from significant opportunity in the next few years.

Arun Raste named new MD and CEO of NCDEX

Arun Raste named new MD and CEO of NCDEX ANI | Updated: Apr 26, 2021 11:25 IST He is currently Executive Director of National Dairy Development Board (NDDB) as an Executive Director. Raste also serves as a director on the board at Indian Immunological Limited and Mother Dairy Fruit & Vegetable Pvt Ltd. Earlier, he worked with IDFC First Bank, Kotak Mahindra Bank, NABARD, ACC Cement, and non-profit NGO IRFT. Raste did his bachelor s and master s in economics, and hold a post-graduate diploma in marketing management. Earlier this month, NCDEX said that Vijay Kumar had bid adieu to the exchange following completion of his extended term as the Managing Director and CEO.

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