ET Now Swadesh
A jumpstart to Q1FY23 with 12.6% YoY growth. Rituraj Sinha, MD, SIS Ltd in conversation with Ajaya Sharma of ET Now Swadesh.
ET Now
Rituraj Sinha, MD, SIS Ltd in conversation with ET Now on +20% growth in FY23, revenue pick-up, labour reforms, impact of the economy opening up and more.
SIS India says Omicron hasnโt impacted its revenues, open to acquisitions
Security services firm looks at inorganic growth through acquisitions, SIS chief Omicron has not had much of an impact on revenues in January and they continue to be at December levels. The pipeline for February also looks strong, says Rituraj Sinha, Group Managing Director, SIS India is the largest Security...
SIS bags Rs 225 crore contract from Coal India arm Mahanadi Coalfields
New Delhi: SIS on Tuesday said it has bagged a project worth Rs 225 crore to provide Security Solutions to Coal India-arm MCL. As part of the contract, SIS will deploy Security personnel in different categories to provide Security Services across 18 sites of Mahanadi Coalfields Ltd (MCL) at Sambalpur,...
SIS profit rises to Rs 101 crore in Q3
New Delhi, Feb 3 (PTI) Security and Intelligence Services (SIS) on Thursday reported a marginal increase in net profit at Rs 101 crore for the third quarter ended December 2021. The company, which is into facility management, security and cash logistics, had posted a net profit of Rs 99 crore...
Bihar’s Rituraj Sinha among 15 gems of Modi government
Patna: The Modi government has constituted a 15-member high-level expert committee on nation building and development in the country. A total of 15 people have been given place in this committee. The Modi government has given great responsibility to these faces coming from different regions. It is a matter of pride...
Private security agencies want skilled people, lesser GST
At industry body Ficciโs Private Security Industry (PSI) Conclave-2018 which began on Friday, the personal security sector urged the government to increase its focus on the sector, amid rising crimes and unemployment. Inaugurating the event, Shiv Pratap Shukla, Minister Of State for Finance, said the government was actively considering the industry...
The Consolidatorsโ book review: Entrepreneurs who turned their silver spoons gold
Author Prince Mathews Thomas narrates stories of successful second-generation entrepreneurs who grew the family businesses they inherited. The stories in the book titled โThe Consolidatorsโ transport you to the world of Bollywood movies like โDil Dhadakne Doโ and โDil Chahta Haiโ, where the next-gen privileged elite grapple with a perennial question:...
FDI in private security requires change in Act
The Centre will need to amend the Private Security Agencies Regulation (PSAR) Act (2005) to help in implement its decision to allow foreign direct investment of up to 74 per cent in private security agencies, an official of a trade body said. โGiven that investment in the private security sector is...
How Rituraj Sinha is changing the Security Company his father founded
At one stroke Rituraj Sinha was putting at stake a business his father had built over 30 years. RK Sinha had founded security service provider SIS (India) in 1974 in Bihar. Now in 2008, his son wanted the Rs 150-crore company to buy an Australian security firm Chubb that was...