CR Sukumar

  • Ramky Enviro looks to triple revenue in 3 years

    Ramky Enviro looks to triple revenue in 3 years

    “We are eying to triple our revenues over the next three years as projects involving investments of over Rs 2,700 crore will take off with significant revenue contributions,” Ramky Enviro Engineers (REEL) CEO and managing director M Goutham Reddy told.

    In a first, IBC process ordered for failing to pay an insolvency services company

    In a first, IBC process ordered for failing to pay an insolvency services company

    The NCLT’s Hyderabad bench has ordered the proceedings at Sri Yadadri Life Sciences (SYLS) for the alleged default in payments to Adroit Financial Services (AFS) for advice given on insolvency resolution and services towards capital structuring and settlement of debt through a one-time settlement (OTS) with its lender.

    Centre exploring bill discounting via RBI to bail out road builders

    Centre exploring bill discounting via RBI to bail out road builders

    Road transport and highways minister Nitin Gadkari has promised to work on alternatives to bank guarantees and arrange construction equipment and machinery from manufacturers on lease basis with the government extending guarantees, said BAI vice-president K Sriram.

    From Moradabad to Hyderabad, Muslims worry about the impact of new citizenship law

    From Moradabad to Hyderabad, Muslims worry about the impact of new citizenship law

    The CAA fast-tracks citizenship for five non-Muslim communities in Pakistan, Afghanistan and Bangladesh, but the concern is in what it signals — making citizenship a matter of faith — and the kind of effect it will have on the ground for people who find themselves excluded from NRC. The law will throw a lifeline for non-Muslims, while the Muslims out of NRC would be incarcerated or relegated to non-citizens.

    FASTag will hasten road assets sale, says NHAI

    FASTag will hasten road assets sale, says NHAI

    Foreign pension funds and private equity funds were showing more interest in India’s highway road assets within the infrastructure space given the policy issues involved with various states in other infrastructure asset classes, Asheesh Sharma, member (finance), the National Highways Authority of India (NHAI) said.

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