He feels that the Budget presents a realistic picture of railway finances.
Sanghrajka has spent 13 years in Infosys over two stints and has performed various leadership roles in the finance section.
Infosys' first non-founder CEO had been granted 232,329 RSUs at Rs 5 a unit.
With a series of scams battering the government, Parliament was paralysed again on Monday, as an aggressive Opposition demanded the resignation of Prime Minister Manmohan Singh and Union ministers P K Bansal and Ashwani Kumar.
In 2015, Infosys, under the leadership of then CEO Vishal Sikka, had bought Israeli automation technology firm Panaya for around $ 200 million and e-commerce service provider Skava for $1 20 million. The buyouts were mired in controversy owing to allegation of over-payment apart from not being an ideal fit.
Railway Minister Pawan Kumar Bansal announced introduction of 19 new train services, extension of three and increase in frequency of five trains acceding to demands of MPs.
In its FIR registered against eight persons, including Bansal's nephew Vijay Singla, CBI said Kumar had agreed to pay "illegal gratification" of Rs 10 crore to co-accused Sandeep Goyal, a businessman, for his appointment at a more lucrative post of Member (electrical) of Railway Board.
Growth over September 2017 in the used vehicles space has been a staggering 40 per cent.
IOC has hired six banks, Merrill Lynch, Citigroup and ICICI Securities, to handle the public offer.
Ola was supposed to expand to the Netherlands, Kenya, Dubai, Israel, and Brazil.
Railway officials said important projects at crucial stages would now be stuck for a long time.
The Central Bureau of Investigation has identified for closer scrutiny 500 phone calls from out of the 1,000 intercepted calls mainly among the four arrested accused in the alleged Rs 10 crore Railway bribery scandal.
A 1985-batch Karnataka cadre officer, Kharola would be steering the national airline at a time when the government has started the process for its strategic divestment.
In a sensational case of alleged bribery of Rs.90 lakh for fixing a top level position in the government, Railway Minister P K Bansal's nephew was arrested on Friday by the Central Bureau of Investigation which also held a member of the railway board.
In the start-up world, hitting the $1-billion mark, which accords the "Unicorn" tag, is a milestone. Enterprises typically reach the milestone only by series C or series D, or three to four funding rounds later. Zeta achieved it at the first one. On May 25, the six-year-old banking tech firm raised $250 million from Japanese conglomerate SoftBank, at a post-money valuation of $1.45 billion. "This is the first time we have raised institutional money," Zeta co-founder Bhavin Turakhia beamed on the conference call. This trajectory is uncommon in start-ups.
It was conveyed that he would not have a free rein in making bureaucratic postings. Sunil Bansal, handpicked by BJP president Amit Shah to execute his UP blueprint, has made it clear the party's writ would run over the government. But Adityanath has institutionalised a system to keep Bansal out, reports Radhika Ramaseshan.
Bansal said he would also pursue for the approval of projects identified as being of national importance, including the Bilaspur-Manali-Leh, Jammu-Poonch via Akhnoor, Tanakpur-Bageshwar and Parsuramkund-Rupai.
A more efficient and people sensitive Railway Services system is being rolled out with Next Generation technology, which would make e-ticketing possible through mobile phones as also provide SMS alerts on reservation status.
Nilanjan Roy spent 13 years with Bharti Airtel, prior to which he worked for 15 years with Unilever across their global operations.
No longer an in-house task; hiring legal eagles is now becoming norm for M&As, fundraising
In response to a report in a section of media, Railway Minister P K Bansal on Tuesday clarified that Ajay Garg, an alleged middleman in the Rs 10 crore bribery case, has no connection with him.
In a filing with the US Security and Exchange Commission on Friday, Walmart said it would allow the initial public offering of Flipkart in four years at a valuation no less than what it invested in the e-commerce firm, if a grouping of minority shareholders asks for it.
Pawan Kumar Bansal prefers to maintain a low profile and people who work with him say the minister is "very courteous".
He met the chief minister twice but was scolded and forced to leave, Chhotelal said.
The spacetech startup is expected to launch the first rocket which can hurl satellites of 250-700 kg into a lower Earth orbit by end-2021.
Incubated at Aegis, the company finds its feet in the nascent India market for online printing, bustling with rivals from abroad & home.
Pawan Kumar Bansal prefers to maintain a low profile and people who work with him say the minister is "very courteous".
The Annual Plan for Railways in 2013-14 financial year is proposed at Rs 63,363 crore, Union Railway Minister Pawan Kumar Bansal said.
While there is a shortage of testing kits, manpower and capacities, India does not have other scalable testing options.
Bansal said: "Till now death toll has reached 36. There has been no collapse of foot-over-bridge or any railing on the station. I want to clear that stampede occurred due to people reaching in large numbers. We had made arrangements before start of the Kumbh. We have come to know that people turned in large numbers resulting in stampede."
Father of the former Delhi age-group cricketer, caught in the Ashes spot-fixing controversy, says his son has never even been to England or Australia, let alone fix matches involving the two countries.
He noted that the diesel price hike has put an additional burden of Rs 3,300 crore on Railways.
While I&B Minister Manish Tewari seems desperate for the Chandigarh Lok Sabha seat, the Congress leadership is having a tough time choosing the right candidates. Anita Katyal reports
A family history of migraine is the most potent and consistent risk factor for migraine, warns Dr Jaideep Bansal.
The railways are in the process of forming a Rail Tariff Authority but Bansal said the fare rise would be independent of the formation.
New Railway Minister Pawan Kumar Bansal on Monday gave ample hint of a possible passenger fare hike to improve services in the railways.
UPA Presidential nominee Pranab Mukherjee's camp on Saturday hit back at opposition-backed candidate P A Sangma for raking up fresh allegations against his candidature saying the campaign was being "vitiated".
The bio-toilets, which have been indigenously developed by Indian Railways and DRDO, have been installed for in-service trials in nine trains, he said during Question Hour.
Railway Minister Pawan Kumar Bansal on Thursday hinted at a hike in passenger fare as he asked Parliamentarians to be "realistic" if they want the railways to move forward.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances