Experts said to catalyze growth in IT sector, the Budget 2024 should strategically prioritize Enhanced Digital Infrastructure, Cybersecurity, and Skill Development.
Make in India: Railways awards project worth Rs 2,211 crore to Hyderabad firm
The contract awarded by the Indian Railways to the firm is for design and manufacturing of propulsion, control and other equipment for making 44 rakes, having sixteen cars each, of Vande Bharat train sets, according the railway ministry
Ashutosh Kumar | January 22, 2021 | Updated 16:42 IST
Indian railways has awarded projects worth Rs 2,211 crore to Hyderabad-based firm Medha Servo Drives Pvt. Ltd.
Chugging ahead full steam on the government s Atma Nirbhar Bharat and Make in India track, the Indian railways has awarded projects worth Rs 2,211 crore to Hyderabad-based firm Medha Servo Drives Pvt. Ltd. for procurement of equipment for manufacturing additional rakes of Vande Bharat train sets.
Budget: BJP suggests three-pronged strategy to maximise PSU valuation for disinvestment
The ruling BJP has suggested Finance Minister three-pronged strategy for value maximisation of the PSU, which includes asset monetisation, better corporate governance and restrain from announcing disinvestment target
Ashutosh Kumar | January 21, 2021 | Updated 21:20 IST
Government had set a disinvestment target of Rs 2,05,000 crore for FY21
Amid concerns regarding flailing valuations of the public sector units (PSUs) despite a remarkable recovery in the equity markets from COVID lows, the ruling Bharatiya Janata Party (BJP) has suggested three - pronged strategy to Finance Minister Nirmala Sitharaman to maximise their value for the purpose of disinvestment or strategic sale.
Radha Dhir to succeed Ramesh Nair as JLL India CEO
Nair has worked at JLL India for more than two decades, joining as an analyst in 1999. He became the Chief Operating Officer in 2013 and CEO four year later in 2017. Nair also served as a member of the Asia Pacific Executive Board
BusinessToday.In | January 19, 2021 | Updated 20:18 IST
Radha Dhir was previously the Group President at YES Bank
JLL India has announced that its CEO Ramesh Nair is leaving the company to pursue opportunities outside the firm. Nair will be replaced by Radha Dhir as the new CEO of the firm. Dhir is an experienced financial service executive who had held senior positions at YES Bank and Deutsche Bank in the past.
CBI seizes Rs 2.04 crore cash hidden in South Delhi hotel in railway officials bribery case
The agency arrested Chief Administrative Officer MS Chauhan of NFR and other senior officials in the case involving a bribe amount of Rs one crore
PTI | January 19, 2021 | Updated 18:48 IST
Cash recoveredby CBI (Representational Image)
The CBI has seized an additional Rs 2.04 crore hidden in a private hotel in South Delhi by the executives of ABCI Infrastructure Pvt Ltd, accused in a bribery case involving senior officials of Northeast Frontier Railways, officials said Tuesday.
The agency had arrested Chief Administrative Officer MS Chauhan of NFR and other senior officials in the case involving a bribe amount of Rs one crore, they said.