IT Update
Nod for Turkmenistan Airlines raises eyebrows Eyebrows are being raised in the aviation industry over the civil aviation ministry's decision to permit Turkmenistan Airlines to fly to Kochi and Ahmedabad. Hinduja Fin ropes in BankAm, Andersen for 12% pvt placement Hinduja Finance has appointed Bank of America and Andersen Consulting to privately place up to 12% of the company's paid-up capital with strategic investors. Powergrid violated norms in awarding contracts -- ADB ADB has accused PGCIL of violating its guidelines in awarding equipment procurement contracts for power transmission projects being funded by the bank. Sicom, UWB ink deal on board representation The Mumbai-based development bank State Industrial and Investment Corporation of Maharashtra and UWB, which were at loggerheads over the board representation, have ultimately signed an agreement and settled at the nomination of three, instead of the originally-proposed four, on the UWB board. Sinha moves fiscal responsibility bill The fiscal responsibility and budget management bill will empower the central government to cut expenditure authorisations wherever expenditure exceeds specified targets.
Nod for Turkmenistan Airlines raises eyebrows
Hinduja Fin ropes in BankAm, Andersen for 12% pvt placement
Powergrid violated norms in awarding contracts -- ADB
Sicom, UWB ink deal on board representation
Sinha moves fiscal responsibility bill