VINAYAK PAI
CFI elects Tata Projects MD & CEO Vinayak Pai as President of national council
Tata Projects MD & CEO Vinayak Pai elected as President of Construction Federation of India's National Council for a two-year term (FY25-FY26). The council includes industry leaders like Akhil Gupta, Priti Patel, Ajit Bhate, Arjun Dhawan, Hardik Agrawal, M V Satish, Nalin Gupta, Krishnam Raju P, Vimal Kejriwal, and Yogen Lal.
Better planning can check delays in infra creation: Tata Projects
Vinayak Pai, CEO of Tata Projects, highlights the need for better detailed project report (DPR) preparation to minimize delays in infrastructure projects. Pai emphasizes that India's front-end design efforts are below global standards, leading to poorly defined projects and execution delays. He calls for improved front-end planning and consistent contract monitoring across ministries. Tata Projects is focusing on metro projects, airports, and emerging sectors like green hydrogen and battery manufacturing. Current projects like Pune Metro and Noida International Airport are on schedule, reflecting rising investment and expansion in infrastructure.
Port sector urged to decarbonise entire chain of operations
Maharashtra Maritime Board's Chief Port Officer Praveen S Khara said there is a need for these public and private stakeholders to collaborate in decarbonising the entire chain of operations.
Honeywell Automation declares Rs 100 dividend along with Q4 results
Honeywell Automation’s net profit for the quarter ended March 31, 2024, was reported at Rs 148.2 crore, up 32% YoY from Rs 112 crore for the same period a year ago. Ashish Gaikwad has resigned as MD and Atul Vinayak Pai has been appointed in his place.
We have returned to profitability: Vinayak Pai, MD & CEO Tata Projects
"I feel proud to announce that we have returned to profitability, and we are moving forward on our path to deliver predictable and sustainable projects through innovation and technology," Vinayak Pai, MD & CEO at Tata Projects said.
Tata Projects Q4 Results: Firm posts PAT of Rs 120.5 crore
EPC firm Tata Projects on Thursday reported a profit after tax of Rs 120.57 crore for the quarter ended March 31 on the back of higher revenues. The company had posted a loss of Rs 366.42 crore in the year-ago period, Tata Projects said in a statement.
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Byju’s CFO quits; Flipkart’s Big Billion sale numbers
In another blow to edtech Byju’s, its chief financial officer, Ajay Goel, is leaving after seven months at the company. This and more in today’s ETtech Morning Dispatch.
Pandemic-era hobbies benched or given pink slip
In May 2020, at the height of Covid-19 infections, Google Trends showed that the number of people searching for new recipes was at its peak - higher than it was for years, with most searching for easy cookie and vegetarian meals. Baking too became a global pastime. Instagram and Twitter feeds were filled with mentions of 'sourdough' and 'banana bread' people whipped up at home.
PE funds in electric vehicles may cross $1 billion in 2022
Investors pumped in $904 million through 26 deals in the nine months to the end of September, including in battery manufacturing and battery swapping and charging stations, according to data from Venture Intelligence. In 2021, the sector had received $1.8 billion in investment from 31 deals.
Main structure of new Parliament completed, finishing work in progress: Tata Projects CEO
Tata Projects is constructing the new Parliament building which will have a grand constitution hall to showcase India's democratic heritage, a lounge for members of Parliament, a library, multiple committee rooms, dining areas and ample parking space.
Transformation program underway at Tata Projects: MD
Pai assumed office on Thursday, roughly a month after Tata Projects announced that he was the CEO and managing director designate. He last worked as the group president of Netherlands-based Worley and was responsible for businesses in the EMEA (Europe, Middle East and Africa) and APAC (Asia Pacific) regions.
Vinayak Pai appointed as Managing Director of TATA Projects
Pai has over three decades of experience with leading engineering and EPC companies where he held key positions across various teams working towards engineering design, technology licensing, project management, business development, and operations.
Power Grid Corp bribery case: Tata Projects orders probe, heads may roll
The company inquiry committee will also include officials from Tata Sons and heads could roll as the top leadership seeks accountability and sends a strong signal that compromises on ethics and values will not be tolerated, said the people cited above. Tata Projects did not comment. Senior company officials said they are assessing the matter.
Tata Projects bags contract for Noida International Airport
Tata Projects' work includes the new parliament building, the Mumbai trans-harbour link, multiple stretches of dedicated freight corridors, and metro rail lines across various cities including Mumbai, Pune, Delhi, Lucknow, Ahmedabad and Chennai.
Tata Projects appoints Vinayak Pai as CEO, MD designate
Infrastructure firm Tata Projects Ltd on Wednesday announced the appointment of Vinayak Pai as its CEO and managing director designate. Pai has been recently inducted into the company's board as executive director.
Exponent Energy raises $5 million in funding led by YourNest VC
The startup said it will utilise the capital to commercially deploy its charging and battery solutions in early 2022, starting in Bengaluru and then scaling it up to other cities.
Startups and large companies need synergistic relationships to thrive: ETUnwired and ETILC Panel
In the last 30 years, much has changed in the startup ecosystem in India
The ways in which the virus may have changed India's property markets forever
For millions of Indians, the relationship with real estate has been reset by Covid-19 and the ensuing uncertainty. Companies, individual tenants, property owners, homeowners, builders and buyers are all struggling to make sense of the disruption and trying to assess where on the financial matrix they will end up when the virus eases up a bit.
Sunday ET: Why India Inc's lobby groups like CII, Ficci & Nasscom have lost sheen
Once influential and sought after by the political establishment, associations like CII, Ficci, or even Nasscom now seem like analysts minus real clout.
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