The ongoing digital transformation of the corner kirana stores, tens of millions of shops catering to 1.3 billion consumers, will matter for everyone from Unilever NV and Procter & Gamble Co. to State Bank of India, the country’s largest lender. It will also be important to Amazon.com Inc. boss Jeff Bezos and Reliance Industries Ltd. … Read more
Proxy advisory firm Institutional Investor Advisory Services’s (IiAS) recommendation to vote against a resolution to reappoint 31-year-old Rama Kirloskar to the board of (KBL) and also her appointment as joint managing director triggered a war of words between her father Sanjay Kirloskar (Chairman of the Company), and the proxy advisory firm through series of emails. … Read more
The flyover was opened on August 1, 2021 after a significant delay (started in 2016 and was originally scheduled to complete by January 2019). These kind of delays are quite expected and accepted in general due to varied reasons. Delay in permissions, timely audits, modifications, cost escalations and payment delays being some of them. It … Read more
The total borrowings of the National Highways Authority of India (NHAI) has increased four-fold in the past five years, the highways ministry told Rajya Sabha on Monday. Till this March end, the cumulative borrowing stood at approximately Rs 3.1 lakh crore compared to Rs 74,742 crore in March 2017. In a written reply to a … Read more