CORPORATE REJUVENATION CAMPAIGN
Mumbai's Mithi river woes: Unkept promises lie buried under poll noise
Mumbai's recent dust storm and subsequent rainfall brought relief but also havoc to homes along the Mithi riverbanks, reminding residents of impending monsoon woes and unmet election promises. Despite hefty investments in the Mithi River rejuvenation project, flooding persists, with corporators and activists criticizing authorities for ineffective flood prevention measures. Memories of the 2005 deluge haunt neighbourhoods like Kranti Nagar and Sandesh Nagar in Kurla, underscoring the urgency of addressing pollution and infrastructure issues along the river.
ONGC revamp: New director to spearhead new energy, petrochemicals business
Oil and Natural Gas Corporation (ONGC) has created a new directorship for energy, petrochemicals and corporate strategy as part of a wider board reshuffle. The director for strategy and corporate affairs will be responsible for downstream petrochemicals, new energy and corporate marketing, among other tasks.
China's Xi Jinping offers to shield foreign investors in new round of charm offensive
Chinese President Xi Jinping has assured foreign investors that their rights and interests will be protected, as the government seeks to address economic concerns and unpredictable policymaking. China is facing challenges in attracting foreign investment due to depleted funds and cautious investors. The crackdown on foreign consultancy firms, regulatory tightening, and geopolitical tensions have also led to foreign capital leaving the country.
ONGC gets Director for Production as board revamp kicks in
The post of Director (Production) has been created after merging Director (Onshore), who is in charge of all oil and gas fields located on land, and Director (Offshore) who looks after all offshore assets such as the prime Mumbai High fields. Pankaj Kumar, Director (Offshore), will be the first Director (Production), Oil and Natural Gas Corporation (ONGC) said in a stock exchange filing.
ONGC to invest USD 2 billion in Mumbai offshore to raise oil, gas output
"We estimate that this development drilling will enhance production by over 100 million tonnes of oil and oil equivalent gas over the life of the field," he said. "The investment involved in drilling and facilities will be over USD 2 billion." ONGC produces two-third of all oil and gas produced in the country and any incremental production would help the country cut its dependence on imports for meeting energy needs.
ONGC board revamp on lines of McKinsey suggestions
ONGC Board presently has six directors for exploration, onshore operations, offshore operations, finance, human resources and technical and field services. It used to be headed by a chairman and managing director. The government earlier this month appointed Arun Kumar Singh, who had recently retired as head of oil refining and fuel marketing company BPCL, as the chairman of ONGC but not as its managing director.
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China chases 'rejuvenation' with control of tycoons, society
Since taking power in 2012, Xi has called for the party to return to its "original mission" as China's economic, social and cultural leader and carry out the "rejuvenation of the great Chinese nation." The party has spent the decade since then silencing dissent and tightening political control.
Kerala Local Body Elections 2020: Left wins big in panchayats, corporations; Congress-led UDF in municipalities
A total of 21,893 wards in 1,200 local self-governing bodies including 6 corporations, 941 village panchayats, 14 district panchayats and 86 municipalities, went to polls.
China's grand strategy and how it intends to attain it
China has had four successive grand strategies since the modern country was formed in 1949: revolution (1949-77), recovery (1978-89), building comprehensive national power (1990-2003) and rejuvenation (2004 to the present). Yet, even through these strategies, three core interests can be discerned, those of security, sovereignty and development.
Xi Jinping’s tech wonderland runs into headwinds
With his actions, Trump threatened revenue and product development at China’s most innovative companies. The importance of that is magnified by the timing of his actions, which come as China is upgrading its industries, with many sectors still in need of expertise from abroad to complete the development Xi expects.
Vishwas versus Vikas in Lalu citadel; Saran slugfest too close to call
RJD-Congress was behind the NDA by 10-12% votes five years back, so any vote transfer between the other block could prove fatal.
B-schoolers take a page out of poll campaign book
The IIMs, ISB, FMS & MDI are among those using political examples and case studies to teach students about branding, leadership and consumer behaviour.
Well-diggers can resolve Bengaluru's water woes
Bengaluru is said to be staring at a water-scarce future, with its water table shrinking from 10-12 metres to 76-91 metres in the past two decades.
A million recharge wells' hopes to raise Bengaluru's groundwater
Called 'A Million Recharge Wells', the project is being launched by S Vishwanath of the Biome Environmental Trust and voluntary citizen network Friends of Lakes (FoL).
Ecology is humanity's deepest concern at the moment: Sadhguru Jaggi Vasudev
According to Sadhguru Jaggi Vasudev, pollution in rivers across the country can be cleaned up in the next three years if there is political will.
R Seshasayee hits back at NR Narayana Murthy’s 'personal attacks and slander'
Seshasayee’s statement comes after Murthy gave a speech to Infosys’ investors on Tuesday and quoted an anonymous that said the former board chairman had lied to shareholders.
Ganga promise: Walk the ghats, but don’t take a dip
BJP leaders such as Varanasi mayor Ram Gopal Mohley and Shiv Sharan Pathak, blamed the state government for the lack of progress.
Economic Survey 2016: E-tourist visa extension, medical tourism to boost sector
Measures such as extension of duration of stay to 60 days under eTV instead of 30 days, extending eTV facility for medical tourists are also needed, it added.
Top NRI industrialists say Union Budget 2015 lays road map for growth
Top NRI industrialists have given a thumbs up to India's 2015-16 Budget, saying it laid a clear roadmap for placing the country on a double-digit growth trajectory.
Top five takeaways for markets from Arun Jaitley's Budget 2015-16
Budget had the Sensex volatile throughout the trading session, brought down by losses in consumer durable, FMCG, power and realty stocks.
Every city should draft vision document for next 10 years: Venkaiah Naidu
"The plan should be prepared after taking into consideration the suggestions of the people of the city as the development is for them," Naidu added.
Tourism New Zealand offers free visas to Indians for World Cup
Earlier this month, Tourism New Zealand GM for Asia David Craig had said he expected a 33% jump in Indians visiting his country for ICC Cup.
Delhi eyes rooftop solar power, seeks inspiration from Gujarat model
Delhi is trying to draw a few lessons from Narendra Modi's Gujarat model. Gandhinagar's rent-a-roof project may help Delhi meet its power needs.
Prime Minister Narendra Modi ensures ministers take decisions faster
Apart from drawing up action plans for their first 100 days in office soon, ministers were asked to treat the resolution of “all issues pending in their department.
Election 2014: Will Narendra Modi give Gujarat Chief Minister a free hand?
For procedural purposes, Modi will have to resign as Gujarat CM and oversee installation of a new CM before taking oath as PM.
CPI to take on Kodikunnil Suresh of Congress in Mavellikara Lok Sabha seat
A six time MP, Suresh is contesting from Mavellikara for the second time. He suffered defeat at the hands of Surendran in 1998 and 2004 polls.
Plans to woo tourists from Middle East, Russia
Kerala Tourism Development Corporation is all set to woo tourists in a big way, especially from the Middle East and Russia, during the monsoon season.
Political revolt, abductions and mining scams mark 2012 in Odisha
Rocked by scams in many areas including coal mining, the year was also marked by sluggish industrial activity, shut-down of units.
ET Awards' Agenda For Renewal 2011: India's top industrialists debate with cabinet ministers
The agenda will be debated on November 26 by India's top industrialists with a galaxy of cabinet ministers led by Finance Minister Pranab Mukherjee at the ceremony honouring the winners of The Economic Times Awards for Corporate Excellence.
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