Ashok Leyland MD and CEO Vipin Sondhi steps down from his position

07 Dec 2021 CW Team

Heavy vehicles manufacturer Ashok Leyland told the media that the company's managing director and CEO Vipin Sondhi will step down from his position.

In a statement, Leyland told the media that Sondhi has stated his intention to give more time to take care of specific personal and family commitments in the post-Covid-19 pandemic situation that needs his extended presence in New Delhi.

He will resign on December 31. To help in business continuity and a seamless transition, the board has asked Dheeraj Hinduja to step in as Executive Chairman with immediate effect. The board will meet soon to decide on the further course of action for recognising the next CEO and MD.

Sondhi told the media that his decision is a personal one as he has to take care of his personal and family obligations, which have become a top priority. Working with the Hinduja Family and the leadership team at Ashok Leyland has been an enriching experience. Sondhi joined the firm in December 2019. Before that, he was the CEO of construction equipment firm JCB India.

Image Source

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..