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Reliance Jio pays Rs 30,791 cr for all spectrum acquired before Mar 2021

Reliance Jio pays Rs 30,791 cr for all spectrum acquired before Mar 2021

New Delhi, Jan 19 (PTI) Telecom major Reliance Jio on Wednesday said it has paid Rs 30,791 crore, including accrued interest, to the Department of Telecom to clear entire spectrum payments liabilities that the company acquired before March 2021 auctions. The payments include liabilities pertaining to the spectrum acquired in 2014, 2015, 2016 auctions and [...]

Burns & McDonnell India Announces New Leadership

Anjan Khandelwal Will Work as the Firm's Chief Financial Officer and Parul Gopal as Chief Administrative Officer. MUMBAI, India, Jan. 18, 2022 /PRNewswire/ -- Burns & McDonnell India, a full-service engineering, architecture, construction, environmental and consulting solutions firm, has named Anjan Khandelwal as chief financial officer (CFO) and Parul Gopal as chief administrative officer (CAO). [...]

Vikram Dev Dutt appointed Air India chief, Manish Kumar Gupta is new vice chairman of DDA

New Delhi, Jan 18 (PTI) Senior bureaucrat Vikram Dev Dutt has been appointed as the Chairman & Managing Director of Air India Ltd as part of a senior-level bureaucratic reshuffle effected by the Centre on Tuesday.Dutt, a 1993-batch IAS officer of AGMUT (Arunachal Pradesh, Goa, Mizoram and Union Territory) cadre, is at present Principal Secretary [...]

Govt suspends GAIL director Ranganathan after CBI arrest

New Delhi, Jan 18 (PTI) The government has suspended E S Ranganathan, Director (Marketing) of GAIL (India) Ltd, after his arrest by the CBI over allegedly taking bribes to give discounts to private companies buying petrochemical products from the state-owned gas utility. The Ministry of Petroleum and Natural Gas on January 17 issued orders suspending [...]

Vikram Dev Dutt appointed Air India Ltd chief

New Delhi, Jan 18 (PTI) Senior bureaucrat Vikram Dev Dutt has been appointed as the Chairman and Managing Director of Air India Ltd as part of a senior-level bureaucratic reshuffle effected by the Centre on Tuesday.Dutt is a 1993-batch IAS officer of AGMUT (Arunachal Pradesh, Goa, Mizoram and Union Territory) cadre.He has been appointed as [...]

Govt to use Supreme Court order to counter Devas enforcements in international fora: FM

New Delhi, Jan 18 (PTI) The government will use the Supreme Court order calling the 2005 deal between ISRO's commercial arm Antrix and privately-owned Devas Multimedia a fraud, to counter seizure of its properties, Finance Minister Nirmala Sitharaman said on Tuesday as she launched a blistering attack on the Congress for handing over airwaves used [...]

Sidbi sanctions Rs 650 cr to two SFBs for onlending

Mumbai, Jan 18 (PTI) Sidbi on Tuesday said it has sanctioned financial assistance of Rs 650 crore to AU Small Finance Bank and Jana Small Finance Bank so as to reach out to small-sized NBFCs/MFIs who will in turn provide funding to small businesses and micro entrepreneurs. An amount of Rs 530 crore has already [...]

Hero MotoCorp, Engine No. 1 to invest in Gogoro Inc and Poema Global Holdings

New Delhi, Jan 18 (PTI) Two-wheeler market leader Hero MotoCorp and investment firm Engine No. 1, along with another investor, will invest in electric vehicle battery swapping ecosystems provider Gogoro Inc and Poema Global Holdings, a special purpose acquisition company, increasing the total funding to USD 285 million, according to a regulatory filing. With this, [...]
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