News & Events
ECONOMY & POLICY

News & Events

S Paramasivan, Managing Director, Afcons, is the new Chairman of Project Export Promotion Council (PEPC), succeeding his Vice-Chairman role (2023-25). PEPC was established in 1984 by India’s Union Ministry of Commerce and Industry.Ajay Bhadoo has been appointed as the Chief Executi...

S Paramasivan, Managing Director, Afcons, is the new Chairman of Project Export Promotion Council (PEPC), succeeding his Vice-Chairman role (2023-25). PEPC was established in 1984 by India’s Union Ministry of Commerce and Industry.Ajay Bhadoo has been appointed as the Chief Executive Officer (CEO), Government e Marketplace (GeM). Currently serving as Additional Secretary in the Department of Commerce, he will take on this role alongside his existing responsibilities. An IAS officer of the 1999 Gujarat cadre, he brings over two decades of experience in policy and governance. Ravish Sharma has taken up the role of Deputy CEO & Whole-Time Director, Vedanta ESL. With two decades of experience, he has held several key leadership positions at Bharat Aluminium Company Limited (Vedanta), at Hindustan Zinc Limited (Vedanta) where he managed business development and operational strategies.Saunak Gupta has been appointed Chief Financial Officer (CFO), Indian Metals and Ferro Alloys (IMFA). Gupta brings 26 years of experience across Blue Star, Wipro, Berger Paints, and PwC, and his expertise spans mergers & acquisitions, strategic tie-ups, treasury management, and financial planning.

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Real Estate

Varun Malik Joins ANAROCK as MD, Head of Capital Markets, APAC

ANAROCK Capital has appointed Varun Malik as Managing Director, Head of Capital Markets (APAC), marking a strategic move to expand its presence across Asia-Pacific. Based in Singapore, Malik will drive ANAROCK’s capital markets initiatives in the region.A real estate finance veteran, Malik brings over 18 years of experience in structuring complex cross-border transactions across South-East Asia and Australia. He has led debt and equity deals for REITs, fund managers, and developers, delivering strong returns and driving investor value.“We will redefine real estate capital solutions across ..

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Real Estate

Patra Chawl lottery held, 663 families allotted homes

Mumbai's Siddharth Nagar (Patra Chawl) Co-operative Housing Society members in Goregaon (West) saw their 15-year wait come to a close as MHADA conducted a successful computerised lottery for 663 eligible members under its redevelopment scheme.The Mumbai Housing and Area Development Board conducted the draw using the RAT (Randomised Allotment of Tenement) system at Sardar Vallabhbhai Patel Hall. The lottery, overseen by Mr. Milind Borikar, Chief Officer of Mumbai Board, ensured transparency by digitally allotting each member a building, wing, and floor.The project, located on Plot R-9, received..

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Infrastructure Transport

BLR Airport crosses 41 million passengers, 500,000 MT cargo

Kempegowda International Airport, Bengaluru (BLR Airport), has recorded key operational milestones in FY 2024-25, crossing 41.88 million passengers and handling 502,480 metric tonnes of cargo. This marks a year-on-year passenger growth of 11.6 per cent and a 14 per cent rise in cargo volumes.Domestic footfall reached 36.05 million, up 10 per cent, while international traffic saw a robust 25 per cent jump to 5.83 million, aided by Indigo’s global expansion and added frequencies by international carriers. BLR Airport now connects to 76 domestic and 33 international destinations, with Hanoi set..

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