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The Comptroller and Auditor General (CAG) came down heavily on the Railways for the delay in processing, assigning and completing the projects for electrification.

The post CAG comes down heavily on Railways for delay in completion of electrification projects appeared first on The Financial Express.

CAG also said that the railways did not adopt the e-tendering system to reduce the tender processing period.

Bankers pessimistic on recovery of loans after insolvency process A month after the insolvency and bankruptcy process kick-started, three companies -- Jyoti Structures, Monnet Ispat and Energy and Alok Industries -- have been admitted into proceedings by the National Company Law Tribunal (NCLT), the company court.

Wall Street dips as GE, energy shares weigh Dow Jones Industrial Average fell 31.71 points, or 0.15 percent, to 21,580.07, the Samp;P 500 lost 0.91 points, or 0.04 percent, to 2,472.54 and the Nasdaq Composite dropped 2.25 points, or 0.04 percent, to 6,387.75. The Samp;P and the Nasdaq rose for a third straight week.

The Comptroller and Auditor General of India on Friday said the frequent changes in catering policy of the Indian Railways has led to a state of uncertainty in management of catering services provided to the passengers and hygiene is not maintained in preparing and serving food.

The post CAG blasts Railways food, says no hygiene in preparation, serving; no protection provided against flies, rats, cockroaches appeared first on The Financial Express.

Addressing the shareholders at the company's 40th annual general meeting, Ambani said that the company will invest in new sources of energy, aiming for leading positions in renewables

The post Mukesh Ambani makes Reliance Industries future ready, plans for foray into renewables appeared first on The Financial Express.

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Paradip would be developed into a smart port and smart city with an investment of ₹40,000 crore as part of the Centre’s plan to bring about speedy development of Odisha, Union Minister Nitin Gadkari ...

Bankers pessimistic on recovery of loans after insolvency process A month after the insolvency and bankruptcy process kick-started, three companies -- Jyoti Structures, Monnet Ispat and Energy and Alok Industries -- have been admitted into proceedings by the National Company Law Tribunal (NCLT), the company court.