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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

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

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Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

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Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

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