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Новости за 14.07.2024

Former Chairman and MD of GAIL, CR Prasad passes away at age of 83

Business Standard 

CR Prasad, former chairman and managing director of state-owned gas utility GAIL (India) Ltd, has died. He was 83. Prasad died on Saturday, GAIL said in a post on LinkedIn. It, however, did not give reasons for the death. "Dr CR Prasad joined GAIL as Director (Planning) in 1994 and rose to the position of CMD in 1996," it said. He was chairman and managing director (CMD) of the company till his superannuation in 2001. "He was instrumental in transforming GAIL into a company strategically positioned for forward and backward integration... Читать дальше...

Large scale projects are getting delivered faster

Economictimes.indiatimes.com 

Since 2014, developers have been able to complete large-scale projects in less than five years, a reduction from the previous six years. This improvement is attributed to the modernization of construction technology and the implementation of the Real Estate Regulatory Authority (RERA), which ensures timely home delivery.

ArcelorMittal highlights low-carbon steel tie-up with Paris Olympics 2024

Business Standard 

ArcelorMittal, the steel major owned by Indian entrepreneur Lakshmi Mittal, is showcasing the various facets of its low-carbon steel partnership with the Olympics and Paralympics, kicking off in Paris later this month. The Luxembourg-headquartered company revealed this week that its recycled and renewably-produced XCarb is behind the Torches that have been touring the world, the Olympic Rings that now adorn the French capital's iconic Eiffel Tower landmark and the Agitos symbol of the Paralympics atop the city's Arc de Triomphe. Читать дальше...

Quant Mutual Fund's AUM reaches all-time high of Rs 94,000 crore

Economictimes.indiatimes.com 

Quant MF, under Sebi investigation for front-running, reported record-high AUM and NAV by July 12, 2024, exceeding Rs 94,000 crore. Despite recent outflows, AUM remains robust, conveyed to investors via mail clarifying ongoing Sebi scrutiny.