The Transporter
JAYA VARMA SINHA 60, Chairperson and CEO, Railway Board
AS THE FIRST woman Chairperson and Chief Executive Officer of the Railway Board, Jaya Varma Sinha, 60, has literally stormed a till now male-dominated bastion. But this is nothing new for her. She was also the first woman to be appointed as the Principal Chief Operations Manager of South Eastern Railway.
Sinha, an Indian Railway Traffic Service official, has vast experience in various verticals such as operations, commercial, IT and vigilance in her nearly 35-year career, and she is held in high esteem by her peers and in industry circles.
Given her exceptional track record, Sinha, who was due to retire in September 2023, has been given a one-year extension. Under her leadership, the Railways, which logged a record revenue of ₹2.4 lakh crore in 2022-23, is seen to have exceeded ₹1.5 lakh crore by November-end this year. However, maintaining this robust growth in revenue is a challenge.
She has been working round the clock on various initiatives, including the modernisation of rail infrastructure, roll-out of more Vande Bharat trains as well as pushing up freight revenues that had been languishing in recent years. Completing the Dedicated Freight Corridor (DFC) initiative as well as the bullet train project are also top priorities for the Railways, under Sinha, as it tries to upgrade its infrastructure and get future ready.
However, managing one of the largest railway networks in the world is not easy. Safety concerns have long marred the national transporter's reputation, and they've come back into the spotlight because of recent mishaps. For Sinha, improving the Indian Railways' track record on this front will be a key priority and an achievement. - BY SURABHI
SHELL LIFE
MANSI MADAN TRIPATHY 51, Country Chair, Shell India
Bu hikaye Business Today India dergisinin December 24, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Business Today India dergisinin December 24, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
HEALTH BOOST
THE HEALTHCARE SECTOR IS EXPECTED TO RECEIVE A SHOT IN THE ARM IN BUDGET 2025-26, WITH A FOCUS ON PRIMARY HEALTHCARE, DIGITAL HEALTH, AND BOOSTING PHARMACEUTICAL MANUFACTURING AND RESEARCH. BUT CHALLENGES LIKE THE SHORTAGE OF HEALTHCARE PROFESSIONALS REMAIN
TIME TO BE SMART
This year could be a good time to take home some profits, reduce risk, and shift to large-cap investments
Front-running Redux
Ketan Parekh has again been accused by Sebi. This time the allegations are of front-running, an unethical practice in financial markets
Triumph of Engineering
The Udhampur-Srinagar-Baramulla Railway Line in J&K is set to expedite trade and tourism
TIME FOR A TAX BREAK?
INDIVIDUAL TAXPAYERS LOOK FORWARD TO THE BUDGET EVERY YEAR HOPING FOR A BIG TAX BREAK. IT HAS ELUDED THEM FOR YEARS, BUT WITH HIGH INFLATION, MODERATING URBAN CONSUMPTION, AND ROBUST TAX COLLECTIONS, WILL THE MIDDLE CLASS GET A TAX BREAK IN FEBRUARY?
INFRA INJECTION
THE UNION BUDGET IS EXPECTED TO BOOST INFRASTRUCTURE SPENDING IN LINE WITH THE VISION OF MAKING INDIA A 7-TRILLION ECONOMY BY 20380. MODERNISING RAIL, ROAD AND AVIATION INFRASTRUCTURE IS LIKELY TO REMAIN TOP PRIORITY IN FY26
THE BIG PHARMA OPPORTUNITY
The patent expiry of key drugs in 2025-26 will open up additional market space for Indian manufacturers of generics and biosimilars
STRATEGIC EXIT
The Adani Group's decision to sell its holding in the FMCG food business is seen as a way to reduce high debt and allocate money smartly
In with the NEW
THE GOVERNMENT'S FLAGSHIP, SIMPLIFIED NEW TAX REGIME HAS SLOWLY BUT SURELY GAINED TAXPAYERS’ ACCEPTANCE. IN ASSESSMENT YEAR 2024-25, 72% OF TAXPAYERS OPTED FOR IT. IS THIS CHANGE HERE TO STAY?
EYEING THE NORTHEAST
The key question now is when will UltraTech’s 8.69% stake in Star Cement evolve into a larger play in the Northeast market