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RITURAJ SINHA
SIS Ltd eyes Rs 20,000 crore revenue in FY27; targets 5 lakh workforce by 2030SIS Ltd targets Rs 20,000 crore revenue by FY27. The security and facility management firm anticipates strong growth fueled by network expa...- SIS to widen security perimeter with Rs 650 crore APS Group buyoutSIS Limited, India's largest business services company, plans to acquire APS Group for approximately Rs 600-650 crore. This acquisition wil...
- BJP membership drive begins Sept 1, followed by local, state office-bearer pollsParty General Secretary Vinod Tawde will be the co-convener of this organisational exercise, which the BJP described as 'Sangathan Parv'.
- Meghalaya denies permission for Prime Minister Narendra Modi's rally at stadium, BJP fumesBJP national general secretary Rituraj Sinha said he was amused how a stadium can be declared "incomplete and unavailable" for use for the ...
- Shah, Nadda chair BJP core group meeting on NE statesThe meeting was attended by Union home minister Amit Shah, BJP national president JP Nadda, BJP Northeast in-charge Sambit Patra, co-inchar...
- BJP elevates Vinod Tawde to general secretary, appoints 2 new national secretariesThe appointments come ahead of assembly elections in five states, including politically crucial Uttar Pradesh, Punjab and Uttarakhand, and ...
- From demonetisation to Covid, every crisis is an opportunity for Rs 9000 cr SIS GroupThe growth story of SIS Ltd, a leading security firm in the country, is intertwined with epoch-making events in India and abroad.
- Double-digit growth on the cards if economy recovers: Rituraj Sinha, SIS India"If you look at our general outlook for first quarter itself, we would say that the impact on the Q1 results would not be very significant ...
- SIS will continue to deliver over 20% return on equity: Rituraj SinhaOn an average, SIS has added 1,800 new jobs each month between April and October 2019. That gives us a run rate of over 20,000-25,000 new h...
- Security and Intelligence Services looking for more acquisitions to drive growthThe New Delhi-based, BSE-listed security services provider had acquired four companies in the past one year alone.
- Finance ministry to examine private security industry demand for GST cut: MoS financeThe government is fully conscious of the significant contribution of the private security industry in creating jobs for the poor, he said.
- We have three ongoing M&A conversations in advanced stages: Rituraj Sinha, SIS IndiaMost of the customers we are dealing with now prefer operators who are completely GST compliant
- For now, our entire focus is in developing our current business in India: Rituraj Sinha, Group MD, SIS IndiaThe demand for security and facility management services generally grows at 1.5x to 3x GDP and that is the rule of thumb internationally, h...
- Security doubled at ATMs as crimes increase after note banAt a time when various bank officials and even a Reserve Bank of India official have been arrested for money laundering and facilitating il...
- 82,500 ATMs recalibrated to dispense new notesThese ATMs have been reset as per the direction of task force set up by the government to expedite the process.
- Short of new Rs 100 notes, logistics companies work double time"We have made some recommendations to ease the bottlenecks in cash supply and ensure the increase in the per ATM limit."
- ATMs will take more days to be fully functional, more pain in store for general public"The new notes are 26% smaller in dimension and hence they cannot be currently dispensed by the cash machines."
- ATMs may run dry on shortage of guards this festival seasonThere may be cash crunch at ATMs this festival season on account of shortage of armed staff in private security agencies that provide logis...
- Prosegur gets FIPB nod to invest in Security and Intelligence Services (India)The joint venture will offer cash management solutions to Indian banks, financial institutions and organised retail firms.
- Faster growth seen for security solution cosThe $2-billion security solutions services industry in India is fast gaining traction, and is growing at an average of 20-22%.
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