New Delhi, May 23 (PTI) Optical fibre maker Sterlite Technologies announced the appointment of Kumud Srinivasan, a senior executive at chip maker firm Intel, on its board with effect from May 22, 2018.

“Kumud is a very strong technology leader with valuable experience in the US, China and India. Her experience in key industry domains including Internet of Things, R&D, manufacturing and semi-conductors will be invaluable to us as well as our customers globally,” Sterlite Tech Vice- Chairman Pravin Agarwal said in a statement.

Srinivasan is vice president and director of non-volatile memory fab manufacturing and automation systems at Intel Corporation. She has spent 30 years at Intel in the US. From 2012 to 2016, she served as president for Intel India.

"As a non-executive and independent director, Kumud will be on Sterlite Tech's Board for a term of five years, from the date of appointment," the statement said.

************************ Renting platform FastFox acquires Roofpik *

Online residential renting platform FastFox.com has announced to have acquired Roofpik.com which specialises in reviews and ratings platform in real estate.

“Roofpik has developed a high-quality community of homeowners and residents across Gurgaon. It will be a great asset for FastFox as we try to build and increase our supply depth and boost our expansion plans into multiple cities,” FastFox.com co-founder and CEO Pallav Pandey said in a statement.

Fastfox.com has acquired 100 per cent stake in Roofpik. The financial details of the deal were not disclosed by the two companies.

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