Corporate Briefs

Corporate Briefs
Published on: 

fine indian dining on top of the swiss alps

In terms of cuisine, guests visiting the Swiss Alps resort of St. Moritz are spoilt for choices. To enhance its already celebrated menu, the Kempinski Grand Hotel des Bains has appointed Indian specialty Chef Chhotu Khatik and will now integrate Indian dishes in its offerings. Next to gourmet food, the restaurants in and around St. Moritz have summed up 270 Gault Millau points, the visitors will find typical dishes from neighbouring Italy, regional favourites such as the Engadiner nut cake, and Swiss evergreens like Rösti and so on.

work on improving rail service on track

Ashwani lohani, the chairman of Railway Board carried out an inspection of the Utraitia-lucknow section along with Vishwesh Chaube, the general manager of Northern Railways. During the inspection visit, lohani took stock of the pace and progress of the on-going doubling work between Utraitia-Alamnagar stations. lohani said, “Projects to the tune of Rs 2,800 crore for various rail development works are undergoing in the lucknow area. Out of this, projects amounting to Rs 1,860 crore will be completed in the next two to three years.” He further informed that the projects worth the balance, Rs 940 crore, will be completed in the coming four to five years. The work of doubling of Utraitia-Alamnagar will be completed by December 2019. The Transport Nagar station will be developed as a modern coaching terminal for which Rs 54 crores have been allocated. An amount of Rs 32 crore has been sanctioned for the development work of Alamnagar railway station. Funds to the tune of Rs 80 crore have been allocated for the development of the Ayodhya railway station alone. During this visit, lohani also attended a the state level conference on “Children in Need of Care and Protection” in contact with railways at Dial-100 headquarters in lucknow.

NBCC reports strong growth in q1

The Navratna public sector enterprise—NBCC (India), under the Ministry of Housing and Urban Affairs, has reported a strong April-June quarter with a consolidated net profit growth of 25.11 per cent as compared to the same period last year. For the quarter which ended on June 30, the company reported a consolidated net profit of Rs 76.65 crore as against a net profit of Rs 61.26 crore during the corresponding quarter of the previous fiscal year. The consolidated total income for the reporting quarter stands at Rs 1,898.13 crore, up by 19.56 per cent year-on-year. The total standalone income for Q1 FY19 stood at Rs 1,671.33 crore as compared to Rs 1,286.31crore in Q1 FY18, registering an increase of 29.93 per cent. NBCC has recently been awarded a Rs 400 crore contract to build the Indian Pavilion for Dubai Expo 2020. The total outstanding order book currently stands at Rs 80,000 crore.

POWERGRID to undertake expansion and renovation drive

The Power Grid Corporation of India limited (POWERGRID) has entered into a term loan facility agreement for Rs 10,000 crore with the State Bank of India (SBI), to meet capital expenditure for expansion, renovation and other projects of the company. POWERGRID has an ambitious investment plan and has budgeted capital expenditure including investment in joint venture and subsidiaries at Rs 25,000 crore during the financial year 2018-19.

ART GAlORE at THE ashoka

The Ashok Hotel in collaboration with “Hunar Showcasing Art” welcomed art lovers at the exhibition—“Art Enigma”, hosted between August 9 and 10.  The exhibition was a platform to showcase a perfect amalgamation of colours and textures of Indian culture and society, depicted through paintings of skilled artists of Hunar Showcasing Art Gallery. A vivid collection of colourful and affordable paintings from known and upcoming artists across India was on display at the hotel. These paintings were also available for purchase at affordable prices.

bsf takes up social responsibility

In line with its service to protecting the nation, the Border Security Force (BSF) organised a program on the occasion of “International Organ Donation” at its headquarters. The director general of BSF, KK Sharma, said, “The demand for organs across the world is much higher than the number of organ donors. Many patients with preventable diseases lose their lives in the absence of organs. We have a long way to go in eliminating this gap between demand and supply of organs.” He added that in this context, the BSF, apart from fulfilling its duty to provide security to the nation, is taking initiatives to fulfill its social responsibility as well. Blood donation camps have been organised from time to time in the deployed border areas, provision of free treatment camps, medicine distribution and so on are also being undertaken.

Awarded for service

On the 72nd Independence Day, 14 Indo-Tibetan Border Police (ITBP) officers and personnel were conferred with Police Medals. Three of them were conferred with the President Police Medal for distinguished service while 11 were conferred with Police Medal for meritorious service.

jabalpur airport to handle more passengers after upgrade

The Jabalpur Airport in Madhya Pradesh is being upgraded at a total cost of Rs 413 crores. The newly transformed airport will include construction of a new domestic passenger terminal building with enhanced peak-hour handing capacity of 500 passengers from the existing 150 passengers. With an increased runway length of 2,750 meters and a turning pad, the airport will be suitable for operations of an A-320 type of aircraft. The Airports Authority of India (AAI) has anticipated the rise in passenger traffic and consequently proposed the expansion plan to accommodate larger aircraft and upgradation of the terminal with modern facilities. The foundation stone to upgrade the airport was laid by Union Minister of Commerce and Industry and Civil Aviation, Suresh Prabhu along with the Union Minister of State for Civil Aviation, Jayant Sinha.

Daily Pioneer
dailypioneer.com