Thursday, August 27
New Delhi: Railway Minister Ashwini Vaishnaw on Wednesday told the Lok Sabha that progress on the installation of the Kavach system was "very fast" and 2,000 km of the rail network had been brought under the system.Replying during the Question Hour in the Lok Sabha, he said the Kavach is a complex system which has five major systems within, including laying down of optical fibre cable (OFC) all along the tracks and installation of telecom towers.The Indian Railways has completed laying 7,129 kilometres of OFC cables, installed 860 telecom towers, covered with data centres 767 stations, installed trackside equipment along 3,413 km, and installed 4,154 locomotives."Apart from that, the complete commissioning of the system is today more than 2,000 kilometres. The progress is very fast," he sa
New Delhi: State Bank of India on Wednesday said the Centre has approved the extension of tenure of its Managing Director Ashwini Kumar Tewari till December 31, 2027.In a regulatory filing, SBI said the Department of Financial Services, Ministry of Finance, through a notification dated December 16, has re-appointed Tewari as Managing Director beyond his current term, which is ending on January 27, 2026. His tenure will now continue till the date of his superannuation on December 31, 2027, or until further orders, whichever is earlier.The bank said the re-appointment will take effect from the date Tewari assumes charge of the post.Tewari had taken charge as SBI Managing Director in January 2021 after previously serving as Managing Director and Chief Executive Officer of SBI Card. His appoin
