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CIL to seek nod to extend CMD´s tenure

CIL to seek nod to extend CMD´s tenure

Coal India Limited will seek its shareholders´ nod to extend the tenure of Sutirtha Bhattacharya, 58, as its Chairman and Managing Director till August 31, 2017. Bhattacharya took charge as Coal India-´s full-time CMD on January 5, a post which had been lying vacant for over six months.

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Open Sesame!

Open Sesame!

Public Sector Units (PSUs) will be pushing the growth engine of the country, be it through almost 18 lakh acres of land reserves with these companies or the cash reserves of almost Rs 2,00,230 crore kept as bank deposits by these enterprises.

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Heading for a revival?

Heading for a revival?

Development of infrastructure is vital for the progress of Indian economy. However, a collective support of other sectors is required to achieve its goal. The year just gone was shaded with the dark patches of issues like slowdown and lack of policy initiatives. However, a realistic approach in policy frame work and the revival of the global economy can uplift the sentiments of the industry in the coming years. Arvind Mahajan writes on the performance and outlook of India's infrastructure sector