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Appointments
ECONOMY & POLICY

Appointments

Kalpana Devnani has joined Smartworks as the Chief Human Resources Officer (CHRO). Smartworks is one of India’s largest managed workspace platforms, with a footprint across 13 cities.The national council of  Construction Federation of India (CFI) elected Vinayak Pai, MD and CEO of T...

Kalpana Devnani has joined Smartworks as the Chief Human Resources Officer (CHRO). Smartworks is one of India’s largest managed workspace platforms, with a footprint across 13 cities.The national council of  Construction Federation of India (CFI) elected Vinayak Pai, MD and CEO of Tata Projects as President and Akhil Gupta, ED and CEO, Shapoorji Pallonji as Vice President while Priti Patel, Deputy Director, Patel Engineering is Treasurer.Global Cement and Concrete Association (GCCA) India, has announced the re-election of Parth Jindal, who is Managing Director of JSW Cement as its Chair and Deepak Khetrapal, Managing Director of Orient Cement as co-chair.Jindal Stainless announced the appointment of Sanjay Mishra as its new Chief Digital and Information Officer (CDIO). Mishra comes with nearly three decades of experience in digital and information technology. He will be responsible for spearheading strategic digitalisation and transformation initiatives aimed at making the organisation a digital powerhouse. Prior tothis, he has worked in IBM, GE and L&T.  

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Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group’s Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence’s long-term commitment to the Indian market and its support for the Indian Government’s Make in India initiative. The partnership’s current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the “Vulc..

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Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company’s growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

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Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association’s industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States� share of global activity below 15 per cent. Meanwhile, in..

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