Conflict of interest: NHAI stipulates rules for officials

14 May 2024 CW Team

National Highways Authority of India (NHAI) has stipulated that officials require prior permission for other employment during the cooling off period. This is done to address conflict of interest arising out of joining private highway builders and consultants sometimes less than a year after retirement. Most NHAI officials were not under the norms, which were already made for Central Service Group A officers. By bringing this rule, it has been applied to NHAI officials as well.

NHAI indicated that it had been decided to adopt Rule 9 of the Central Civil Services (Pension) Rules 2021 in order to protect the interests of NHAI/Government. The official stated that this rule pertained to matters of 'commercial employment after retirement' concerning NHAI officers and employees.

It was also mentioned that employees would be required to provide an undertaking stating that the proposed employment would not involve any conflict of interest with NHAI policies that they had been involved with in the past three years. The undertaking would also include a provision that the commercial employment could be revoked if the government raised any objections.

Employees are required by the notification to provide information on the commercial organisation, the nature of the entity's activity, and if the officer has had any dealings with the firm in the last three years. They must also disclose the length and kind of their official relationship with the company, as well as whether or not the position was advertised. The officials must present their professional credentials for the position in the business organisation as well as the details of the upcoming position.

Infrastructure Urban

27 Jun 2026

RR Kabel features in Hurun India 500 list

RR Kabel has been featured in the 2025 Burgundy Private Hurun India 500, a list of India’s 500 most valuable companies. The list is compiled by Burgundy Private, Axis Bank’s private banking business, in partnership with Hurun India.The recognition highlights RR Kabel’s sustained growth, market leadership and long-term value creation in India’s consumer electrical sector. The annual list recognises companies that have contributed to India’s economic landscape through scale, performance and business value.The Burgundy Private Hurun India 500 ranks listed companies based on market capit..

Vedanta ranks among India’s top 100 workplaces

Vedanta Group has been recognised among India’s Top 100 Best Companies to Work For 2026 by Great Place to Work India. The recognition reflects the company’s focus on building a high-trust, high-performance and inclusive workplace across its businesses in natural resources, critical minerals, energy and technology.Over the past five years, Vedanta has enabled nearly Rs 25 billion in employee wealth creation through its broad-based Employee Stock Option programme. The company said the initiative is aimed at encouraging ownership and shared value creation across levels.Vedanta has also built ..

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..