Just energy partners with HCLTech for AI-led business transformation
HCLTech has been selected by Just Energy, a leading US-based energy supply company, to enhance Just Energy's operations and customer experience. HCLTech will leverage its integrated Digital Process Outsourcing solutions suite and GenAI platform AI Force to enhance operational efficiency across Just Energy's IT, finance, analytics, customer care, sales and renewals functions. HCLTech will also deploy digitalCOLLEAGUE, its comprehensive and role-specific single-UI platform and Toscona, its business process optimization suite, to improve workforce collaboration and business process management.Powered by Capital Market - Live News
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Time of India
44 minutes ago
- Time of India
Panbazar road overbridge to be ready by July: NFR
Guwahati: Construction of the Panbazar road overbridge (ROB), which began last year, is expected to be completed by July, Northeast Frontier Railway (NFR) officials said. The bridge is likely to ease traffic congestion in the Paltan Bazar and Panbazar areas, two of the city's oldest cosmopolitan areas. Tired of too many ads? go ad free now "As of now, concretisation work on the bridge's approaches is going on. But most of the work has been completed, including laying the foundational structures, significant fabrications, and placing the bow string girders. Advanced sub-soil strengthening through geo-cell technology has also been completed. The project is expected to be complete by July this year," said Kapinjal Kishore Sharma, chief public relations officer, NFR. The construction work of the ROB has not been progressing on a smooth note. The CPRO said the presence of the fire brigade station posed a challenge in the stacking of construction materials, limiting workspace efficiency. Approximately Rs 48 crore in cost, the project was undertaken by a Kolkata-based construction company to facilitate the smooth movement of the electric locomotives as part of the NFR's ongoing electrification process, where high-voltage lines have been installed. However, the old ROB, which was built in 1965, had turned into a 'dead wire zone'. The area under the bridge was a neutral point, and since it was not charged, it restricted the speed permanently to 15 km/h. As a result, locomotives approaching Guwahati railway station failed to maintain the required momentum, causing them to halt in that area. "Waterlogging also used to be a recurring challenge, especially during heavy rains, causing signal failures and disruptions. Tired of too many ads? go ad free now With the necessary adjustments to this project, the lifted track levels will prevent waterlogging, ensuring smooth operations even during monsoons," Sharma said. He added that the new ROB will aim to address the limitations of its predecessor while introducing significant enhancements. With a span of 60 meters, it will provide improved vertical and horizontal clearance. It will also feature a three-lane wide road replacing its two-lane limitations, which will increase its capacity to handle higher volumes of road traffic as well, thus ensuring a smoother transportation system for commuters.
NDTV
an hour ago
- NDTV
Two Arrested In Rs 183 Crore Fake Bank Guarantee Scam
New Delhi: The Central Bureau of Investigation (CBI) initiated three distinct cases on May 9, in accordance with directives issued by the High Court of Madhya Pradesh, the agency said in a release on Thursday. According to the release, these cases involve a significant financial fraud involving an Indore-based company that submitted forged bank guarantees totalling Rs. 183.21 crores to the Madhya Pradesh Jol Nigam Limited (MPJNL). In 2023, the company secured three immigration projects in Madhya Pradesh worth a staggering Rs. 974 crores from MPJNL. To support these contracts, eight fake bank guarantees valued at Rs. 183.21 crores were submitted. During initial verification, MPJNL received fraudulent email responses impersonating the official domain of Punjab National Bank (PNB), falsely confirming the authenticity of the bank guarantees. Relying on these confirmations, MPJNL awarded the firm three contracts valued at over Rs. 974 crores in this matter. The CBI launched a large-scale operation on June 19 and June 20, conducting searches at 23 locations across five states: New Delhi, West Bengal, Gujarat, Jharkhand, and Madhya Pradesh. This operation led to the arrest of two individuals from Kolkata, including a senior manager from Punjab National Bank, the CBI said. Both individuals were produced today before the local jurisdictional court in Kolkata and will be brought to Indore on transit remand, it said. The investigation so far has revealed that a Kolkata-based syndicate has been systematically fabricating and circulating fake bank guarantees to secure government contracts across multiple states. Further investigation is still on, it added.
India Gazette
2 hours ago
- India Gazette
CBI cracks down on Rs 183 crore fake bank guarantee scam, arrests two
New Delhi [India], June 21 (ANI): The Central Bureau of Investigation (CBI) initiated three distinct cases on May 9, in accordance with directives issued by the High Court of Madhya Pradesh, the agency said in a release on Thursday. According to the release, these cases involve a significant financial fraud involving an Indore-based company that submitted forged bank guarantees totalling Rs. 183.21 crores to the Madhya Pradesh Jol Nigam Limited ( In 2023, the company secured three immigration projects in Madhya Pradesh worth a staggering Rs. 974 crores from MPJNL. To support these contracts, eight fake bank guarantees valued at Rs. 183.21 crores were submitted. During initial verification, received fraudulent email responses impersonating the official domain of Punjab National Bank (PNB), falsely confirming the authenticity of the bank guarantees. Relying on these confirmations, MP JNL awarded the firm three contracts valued at over Rs. 974 crores in this matter. The CBI launched a large-scale operation on June 19 and June 20, conducting searches at 23 locations across five states: New Delhi, West Bengal, Gujarat, Jharkhand, and Madhya Pradesh. This operation led to the arrest of two individuals from Kolkata, including a senior manager from Punjab National Bank, the CBI said. Both individuals were produced today before the local jurisdictional court in Kolkata and will be brought to Indore on transit remand, it said. The investigation so far has revealed that a Kolkata-based syndicate has been systematically fabricating and circulating fake bank guarantees to secure government contracts across multiple states. Further investigation is still on, it added. (ANI)
