Former SAIL CMD Joins Shyam Metalics as Independent Director

05 Jul 2024 CW Team

Chandra Shekhar Verma, former Chairman and Managing Director (CMD) of Steel Authority of India Limited (SAIL), has been appointed as an independent director at Shyam Metalics and Energy Limited. This strategic appointment underscores Shyam Metalics' commitment to strengthening its leadership team with extensive industry experience.

Verma brings a wealth of expertise from his tenure at SAIL, where he played a pivotal role in steering one of India's largest steel producers. His leadership and strategic insights are expected to contribute significantly to Shyam Metalics' growth trajectory, particularly in navigating complex industry landscapes and enhancing operational efficiencies.

Shyam Metalics, a leading integrated metal and energy producer in India, operates across various segments including iron, steel, and power. Verma's appointment is seen as a strategic move to leverage his deep understanding of the steel sector and corporate governance, aligning with Shyam Metalics' expansion plans and commitment to sustainable growth.

In his new role, Verma will work closely with the board and management to guide strategic initiatives, drive governance practices, and capitalise on emerging opportunities in the metals and energy sectors. His appointment is expected to further bolster Shyam Metalics' position as a key player in India's industrial landscape.

Overall, Verma's joining marks a significant milestone for Shyam Metalics, aiming to harness leadership strengths and industry insights for sustained growth and operational excellence.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..