Sector: Infra
How this Bengaluru-based startup is winning Jeff Bezos vs Mukesh Ambani’s fight for retail domination
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
Sanjay Kirloskar (Chairman) gets into an unnecessary spat over daughter’s appointment to the board
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
Recently inaugurated Ghatkopar-Mankhurd flyover built by JMC Projects faces questions on quality. BMC defends the quality.
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