GAIL CMD launches Start-up initiative ‘Pankh’

Sarkaritel
By Sarkaritel July 26, 2017 08:56

GAIL CMD launches Start-up initiative ‘Pankh’


New Delhi, July 26, 2017: With the objective of nurturing the spirit of entrepreneurship among Indians as envisioned by Prime Minister Shri Narendra Modi, GAIL (India) Limited Chairman and Managing Director Shri B C Tripathi today launched a Start-up initiative titled ‘Pankh’ to identify and promote innovative ventures. Shri Subir Purkayastha, Director (Finance), Shri P K Gupta, Director (Human Resources), Shri Gajendra Singh, Director (Marketing) along with senior officials of GAIL were present on the occasion. 

To promote the initiative, GAIL has created a corpus of Rs 50 crores for investing in Start-ups and would also provide mentoring to them in core areas of the company, i.e., natural gas and its derivatives. Speaking on the occasion, Shri Tripathi said this would help Start-ups to realize their full potential at the earliest. He stressed upon the need to look at the initiative of Start-ups in the context of the economy cycle which is otherwise reversing and the need of the hour is innovation.

Sarkaritel
By Sarkaritel July 26, 2017 08:56