Claim for Goldfields compensation


An Aboriginal group that gets most of its funding from BHP Nickel West has launched a Federal Court claim it says will guide compensation negotiations with native title holders across the country.
Tjiwarl Aboriginal Corporation filed two compensation claims in the Federal Court today.…

Central transmission utility function hived off from Power Grid Corp


In a landmark decision, the has decided to hive off the Central Transmission Utility (CTU) function of the state owned Navratna-company Limited (PGCIL). Pending since 2015, this move was taken to avoid conflict of interest while awarding power transmission projects.

Power Grid, as a CTU, is responsible for the wheeling of power generatedby power producers and involved in planning transmission systems and operations. It also has an additional role of collecting tariffs from power generators, state electricity boards using the transmission infrastructure. The CTU retains its share and then distributes the remainder to other private licensees.

As PGCIL is also a power transmission construction company, it participates in tenders for competitive bidding for projects, alongside private players. This conflict of interest in PGCIL as both planner and participant in transmission projects has come under repeated criticism from the industry.

In a letter to the chairman and managing director of PGCIL, the has directed it to make the CTU its 100 per cent subsidiary with separate accounting and board structure and carry out its statutory functions.

“The aforesaid 100

US-based Freshworks Inc announces strategic partnership with TCS


Customer engagement software firm Freshworks Inc has announced a strategic partnership with Tata Consultancy Services (TCS) to jointly build and market new age marketing, sales, support, customer success and IT service management solutions on top of its cloud software offerings.

TCS will provide its global experience with extensive market presence and deep contextual knowledge of customer engagement, and digital offerings built on its Business 4.0 thought leadership framework. TCS’ strength across industry domain is expected to enable Freshworks to provide enterprise customers with agile, automated, intelligent cloud solutions, said Freshworks.

“TCS brings deep customer relationships, multiple-domain expertise and modern thinking in providing digital transformation experience for businesses while Freshworks brings a strong suite of products that help businesses realize accelerated ROI by providing a cohesive experience to unify their marketing, sales and support functions.” said Sidharth Malik, chief revenue officer at Freshworks.

Akhilesh Tiwari, global head, Enterprise Application Services at TCS said that it is looking forward to help Freshworks customers pursue new growth opportunities and digitally transform their business.

Freshworks, headquartered in the US, has a headcount of over 3,000 members in its offices across various countries.

Vowing New Syria Campaign, US Sanctions Dozens Including Assad Wife


The United States on Wednesday imposed sanctions on Syrian President Bashar al-Assad’s wife and dozens of others as it vowed a vast pressure campaign under a new law that has already rattled the war-torn nation’s economy.

The Caesar Act, which took effect Wednesday, punishes under US law any company that works with Assad, casting a cloud over efforts to rebuild Syria.

“We anticipate many more sanctions and we will not stop until Assad and his regime stop their needless, brutal war against the Syrian people,” Secretary of State Mike Pompeo said in a statement, vowing a “sustained campaign of economic and political pressure.”

The first batch of designations target 39 people or entities, including Assad personally as well as his wife Asma — the first time she has been hit by US sanctions.

Under the law, any assets in the United States will be frozen. President Assad has been under US sanctions since he began to crush an uprising in 2011.

Vehicles drive along the roundabout past the Central Bank of Syria in the capital Damascus

Born in Britain to a cardiologist father and diplomat mother, Asma al-Assad is a former investment banker who had styled

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