Philips has announced the appointment of Harshavardhan Chitale as CEO of Philips Lighting solutions, South Asia, effective from 1st January, 2015. In his new role, Chitale will be based in Gurgaon and will be responsible for driving and building the Lighting Solutions business for Philips in India.
FlashNews:
Over ₹109 Billion in Rooftop Solar Loans Sanctioned Under PM Surya Ghar Scheme
India Flags Third VLGC ‘Shivalik’ as Maritime Push Gains Momentum
MGL and Oil India Forge LNG Partnership to Accelerate Clean Transport and Energy Transition
Khattar to Represent India at G20 Energy Meet in South Africa, Showcasing Renewable Milestone and Inclusive Growth Agenda
Cabinet Clears ₹24.63-Billion Rail Multitracking Push Across Four States, Adding 894 km to National Network
Avantel Unveils ₹560-Million Hyderabad Facility to Boost Indigenous Aerospace and Defence Technologies
Air India Express Expands Delhi Network with Seven New Routes Across India
Flytta Launches India’s First Retrofitted Electric Truck for Industrial Logistics
IndiGo Launches Direct Mumbai-Heathrow Flights, Expands Long-Haul Footprint in UK
INOX Air Products Invests ₹5 Billion in Dholera to Build India’s First Electronic Speciality Gas Hub
MoSPI Hosts Brainstorming Workshop to Develop Framework for Measuring India’s Knowledge Economy
Surat HSR Site Reviewed by Railway Minister and Japan’s Infrastructure Chief Amid Bharat-Japan Rail Push
Tata Power Renewables Signs PPA for 80 MW Dispatchable Green Energy Project in Mumbai
IndiGo to Resume China Flights from October 26 as India-China Air Services Restart
From Muddy Tracks to Expressways: Bihar’s Quiet Road Revolution
Indian Railways Launches Assured Transit Container Service from Delhi to Kolkata
IGL Opens New Delhi Office as Minister Puri Highlights India’s Clean Energy Push and Refining Ambitions
Road Construction May Hit Five-Year Low in FY2026, Cautions ICRA
Delhi Airport Rolls Out E-Arrival Card for Foreign Travellers to Streamline Immigration
Infra sector needs alternative sources of finance
Infrastructure is one of the top priorities for the Indian government. The right policy framework will give confidence to both domestic and international investors and create a competitive environment to deliver cost-effective services to end-users.
Transport planning central to urban planning
At a time when urban mobility has emerged as a major concern and the Central government is set to launch new initiatives for building 100 smart cities and renewal of 500 cities and towns, a conference of planners, experts and other stakeholders have opined that Metro rail transport, building more roads, flyovers, elevated highways etc.,
Well-developed infrastructure is key to development
Well-developed backward and forward infrastructure is essential for manufacturing. Building a high class infrastructure is crucial to spur growth in manufacturing sector and enhancing the competitiveness of this sector in India.
Enthusiasm from state government is lacking
From one-stop clearance to building the right infrastructure, the Indian cold chain industry needs a big push, feels Aditya G Bafna, Executive Director, Shree Shubham Logistics Limited.
India has the capacity to fund projects more than Rs.1 lakh crore annually
In a candid interview, finance veteran Arun Purwar, Chairman of IndiaVenture Advisors Pvt Ltd & PHL Finance, suggests that since the bond market is deep enough to take care of funding requirements of infrastructure projects, the government must encourage infrastructure fund raising through the bonds.
MPT plans cruise terminal building
Chief Minister of Goa, Manohar Parikar recently laid the foundation stone for a cruise passenger terminal building at the Mormugao port.
Alstom bags Rs.3,250 cr PowerGrid contract for transmission link
Alstom has been awarded Euro 400 million (Rs 3,250 crore) from Power Grid Corporation for building a transmission link between Haryana and Chhattisgarh.
Racks of investment
At present, India is not yet ready with the concept of third party involvement for building up rail infrastructure for coal linkages. Now with the positivity which the present government has got along, investors are optimistic about fast-track solutions for coal linkage issues.
Govt plans to upgrade Jaipur and Jodhpur airports
According to the Union Minister of State for Civil Aviation, GM Siddeshwara, Airports Authority of India (AAI) has a plan for extension of runway at Jaipur Airport. An expansion of integrated terminal building along with the construction of cargo complex