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NEW DIRECTOR
Real Estate

NEW DIRECTOR

Kandikuppa Sreekant has taken charge of the Power Grid Corporation of India (PGCI), the largest electric power transmission utility in the country, as its newly appointed Chairman and Managing Director. With over 33 years of experience in the power sector, in the areas of lo...

Kandikuppa Sreekant has taken charge of the Power Grid Corporation of India (PGCI), the largest electric power transmission utility in the country, as its newly appointed Chairman and Managing Director. With over 33 years of experience in the power sector, in the areas of long term financial planning, investment appraisals, formulation of capital budgets, and resource mobilisation from domestic and international markets, he has successfully carved his name in the industry. With the new appointment, he will set the ball rolling on major investment undertakings by the state-owned electrical utility. Prior to his new PGCI appointment, Sreekant was the director of finance at the Power Grid, during the tenure of which he set essential milestones for the company. He has also served as the general manager (finance) at the National Thermal Power Corporation (NTPC). 

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Infrastructure Transport

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..

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Infrastructure Urban

INDEA Lays Foundation for India’s First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..

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Infrastructure Transport

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..

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