Narendra Modi says USD 82 billion being invested in Indian ports
NEW DELHI: India will invest USD 82 billion in port projects by 2035, raise share of clean renewable energy source in maritime sector, develop waterways and boost tourism around lighthouses as part of port-led development, Prime Minister Narendra Modi said on Tuesday Speaking at the Maritime India Summit, he invited global investors to invest in […]
Sebi to auction Arise Bhoomi Developers’ properties on April 1
NEW DELHI: Capital markets regulator Sebi will auction properties of Arise Bhoomi Developers and its directors on April 1 for a reserve price of Rs 4.8 crore. The move is a part of Sebi’s effort to recover investors’ money. Arise Bhoomi Developers had mobilised over Rs 8 crore during 2013-14 from the public in the […]
STL appoints Chris Rice as CEO for Access Solutions Business
NEW DELHI: STL – Sterlite Technologies Ltd today announced the appointment of Christopher Rice as the Chief Executive Officer for its Access Solutions Business. Chris’s appointment reflects STL’s strong focus on driving growth and innovation in the access segment. Leveraging 25 years of experience in optical communications and system integration, STL is now expanding its […]
Piramal appoints Saurabh Mittal as CTO
NEW DELHI: Piramal Capital and Housing Finance Ltd. (PCHFL), a subsidiary of Piramal Enterprises Limited today announced the appointment of Saurabh Mittal as Chief Technology Officer (CTO) of its Retail Finance business. In this role, Saurabh will lead technology strategy towards building a world-class Tech and Artificial Intelligence (AI)-led lending business, creating a cloud-native cutting-edge […]
Spectrum auction: India receives bids amounting to Rs 77,146 crore in Day 1
NEW DELHI: India’s first auction of spectrum in five years attracted Rs 77,146 crore of bids on the opening day on Monday with Reliance Jio, Bharti Airtel, and Vodafone Idea participating in the bidding process – a response that the government said was better than expected. There were, however, no takers for spectrum in 700 […]