Noida International Airport Appoints Nitu Sarma As Interim CEO

27 Apr 2026 CW Team

Noida International Airport has appointed its Chief Financial Officer (CFO) Nitu Sarma as interim Chief Executive Officer (CEO) with immediate effect. The move follows directions from the Bureau of Civil Aviation Security that the chief executive of an airport in India must be an Indian national and prompted a change in leadership after the airport's recent inauguration. Christoph Schnellmann, a Swiss national who served as CEO since August 2020, will transition to the airport's Board of Directors (Board) as Executive Vice Chairman.

The Board said the interim appointment of Sarma, who has held the CFO role since October 2021, will remain in place until the Board can conclude a formal selection process for a permanent chief executive. The change was presented as an administrative compliance measure with national security regulations and part of governance formalities following the airport's opening. The Board will oversee the recruitment and selection to ensure the CEO meets statutory requirements.

Sarma's elevation from finance chief to interim chief executive positions an internal candidate with institutional knowledge to manage initial operations during the transition. Her responsibilities will include coordinating with regulatory authorities, operational teams and stakeholders to sustain airport services and implement strategic priorities established at inauguration. The Board will also benefit from Schnellmann's experience as he assumes an executive leadership role focused on broader governance and advisory duties.

The airport's management said the adjustments aim to balance regulatory compliance with continuity of operations as commercial schedules and infrastructure roll out in the early phase. Stakeholders were expected to receive further updates as the Board progresses with the formal selection process. The appointment underscores the emphasis on meeting statutory criteria while preserving operational momentum at the newly inaugurated facility.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..