Skoda India appoints Gurpratap Boparai as MD
Mumbai, Jan 11 (PTI) Skoda India has appointed Gurpratap Boparai as the new managing director, effective April 2, and he will be reporting directly to the Skoda chief executive officer Bernhard Maier.
Mumbai, Jan 11 (PTI) Skoda India has appointedGurpratap Boparai as the new managing director, effectiveApril 2, and he will be reporting directly to the Skoda chiefexecutive officer Bernhard Maier.Boparai joins the company from Fiat India, where hewas serving as its chief executive officer, the Czech carmakersaid in a statement today.A part of the German auto giant Volkswagen Group,Skoda India's product portfolio comprises the Superb, Octaviaand the Rapid sedans and the 7-seater SUV Kodiaq lauchedrecently here.The Rapid is manufactured at the Pune plant, while theother three models are produced at its Aurangabad facility.Boparai comes at the helm of the company at a timewhen Skoda along with Volkswagen is eyeing volume segment.*******************Versova Bandra sea-link:Louis Berger bags mgmt service contactInfrastructure services provider Louis Berger hasbagged a Rs 109-crore contract from the state road developmentcorporation to provide project management services on theproposed Versova-Bandra sea-link.The proposed Rs 7,502-crore sea-link, a northwardextension of the existing Bandra-Worli sea-link running alongthe western coast of the city, will be a 10-km long eight-lanehighway, connecting the northwestern suburbs of Versova withBandra in the central part of the city.Louis Berger will provide services in three phases,including reviewing the previously-compiled techno-economicfeasibility study and detailed project report, compilation oftender documents for EPC of the project along with managementof the bid process and providing overall constructionmanagement services.The project is expected to be completed by late 2021and the concession period for toll collection is up to 2052.*******************Emkay's category III AIF crosses Rs 200 cr in AUMEmkay Global Financial Services' emerging stars fund,an alternative investment fund (AIF) category III has crossedthe Rs 200 crore in assets under management.The fund, which is sponsored by Emkay Global, hasachieved this within three months of the launch, the companysaid today.With an observation of a significant PE rating forthe companies that have crossed Rs 100 crore plus profit, welaunched this fund with an investment universe of the top 300-1,000 companies ranked by market capitalisation, iIt said.*****************RInfra emerges L1 bidder for NTPC's Rs 567-cr projectReliance Infrastructure (RInfra) has emerged as thelowest bidder for the flue gas desulphurisation contract,worth Rs 567 crore, of NTPC's 1,500 mw power plant in Jhajjarin Haryana.RInfra has become the lowest bidder amidst stiffcompetition from leading EPC players including Bhel, L&T andMitsubishi-Hitachi Power System, according to sources.The project is expected to be completed in 20 months from the date of letter of acceptance for the first unit with subsequent units each at three months gap.
(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)