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AI‑Driven Governance for Capital Projects

AI‑Driven Governance for Capital Projects

Technology can play a critical role in mitigating risks, relaying signals across the project lifecycle much like a digital nervous system, asserts Mahim Chaturvedi. Capital projects are inherently complex, involving numerous stakeholders, dependencies, uncertainties, and varied data sources. Increasing resource shortages, external challenges, and interface issues add to this complexity. Traditional governance relies on lagging...

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Global View

Global View

Ramesh Nair, COO - Business & International Director, JLL India has been appointed to the Global Regulatory Board of RICS, becoming the first Asian to take on this role.

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CCEA clears new definition of control under FDI policy

CCEA clears new definition of control under FDI policy

The Cabinet Committee on Economic Affairs has approved the proposal of the Department of Industrial Policy & Promotion for amendment to the existing definition of "control" under the FDI policy. The revised definition will be as follows: Until now, the definition of "control", in the extant FDI policy is as under: "A company is considered as "controlled" by resident Indian citizens if the resident India

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Cabinet clears proposal to widen scope of “control” in FDI policy

Cabinet clears proposal to widen scope of “control” in FDI policy

The union cabinet approved the alignment of the definition of "control" under the foreign direct investment (FDI) policy with the definitions under the guidelines of Securities and Exchange Board of India and Companies Bill 2012. Accordingly, under the FDI policy, 'control' would be defined as "the right to appoint a majority of the directors or to control the management or policy dec

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$40-50 bn PE is needed in five years

$40-50 bn PE is needed in five years

M K Sinha, President and CEO, IDFC Project Equity Company, explains why private equity will rally through a period of concern about infrastructure. Although the projects are finan­ceable, execution delays can render pro­jects unprofitable.