India

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Pioneer

Kochi Metro ties up with Axis Bank

New Delhi: In a first of its kind business model, Kochi Metro Rail limited (KMRl) on Wednesday tied up with Axis Bank where in the later will install the required complex hardware and software for fare collection from passengers. It will also pay KMRl Rs208 crore over the next 10 years besides undertaking the entire maintenance of AFC for ten years. An Agreement in this regard was signed in the presence of Urban Development Minister Venkaiah Naidu. CMD of KMRl Elias George and MD and CEO of Axis Bank Shikha Sharma signed the pact.

Choudhary appointed PS to Sushma Swaraj

New Delhi: IPS officer Meenu Choudhary was on Wednesday appointed as the private secretary to Overseas Indian Affairs Minister Sushma Swaraj. Choudhary, a 2000-batch Indian Police Service (IPS) officer of the union territories cadre, is presently working as Deputy Inspector General in CBI.