road-and-transport-news
Conflict of interest stalls Rs 1200 crore NHAI project
NEW DELHI. National Highways Authority of India (NHAI) has disqualified infrastructure major IL&FS for a Rs 1,200 crore highway project in Gujarat this month citing "potential conflict of interest".
The company has retired IAS officer R C Sinha as a nonexecutive independent director, who is also the adviser to highways minister Nitin Gadkari. Sinha holds this honorary post as he does not take any salary , though he has office and staff at his disposal at Transport Bhawan. NHAI also bears expenses on his stay when he is in Delhi. Mint
Read Also : LIC is a strongest insurance brand as per report
News Must Read
- Shri. Bikram Ghosh takes charge as Director (Finance) in WCL
- SBI to change debit cards maintenance normal from 1 April, 2024
- NMDC excels at Governance Now 10th PSU Awards
- NTPC Group ties up JPY 30 billion funding from JBIC
- Jabalpur Airport connects Madhya Pradesh to other cities
- Best Organisations for Women title to PowerGrid
- Air India Faces Heavy Fine from DGCA of Rs 80 Lakh
- NCL's mega achievement; surpasses 500 Million Cubic Meters of Overburden
- RailTel bags major order from CDAC worth Rs 36 crore
- ICRA withdraws long term rating of NCDs of ONGC