Latest news with #AnshumanSingh
Mint
21 hours ago
- Business
- Mint
IndoSpace appoints Stellar Value Chain founder Anshuman Singh as MD and CEO
Bengaluru: Everstone Group-backed IndoSpace, India's largest warehousing developer, has appointed Anshuman Singh, founder of Stellar Value Chain Solutions, as its managing director and chief executive, said two people familiar with the development. Rajesh Jaggi, who played a key role in building the IndoSpace business and managing it, will continue as vice-chairman (real estate) at the Singapore-based private equity firm. IndoSpace, founded in 2007, is a joint venture between private equity firm Everstone Group and industrial real estate company Realterm. In 2023, global logistics provider CEVA Logistics acquired Stellar Value Chain, a third-party logistics firm Singh founded in 2016. Before that, he had co-founded Future Supply Chain Solutions Ltd. 'Anshuman Singh, with his extensive experience in the logistics space, has joined IndoSpace to steer the future growth of the company, in terms of development of assets and leasing, and acquisitions in an opportunistic manner. The company is also planning value-added services for its clients as a new offering,' said the first of the two people cited earlier, both of whom requested not to be named. An IndoSpace spokesperson didn't respond to queries. IndoSpace is the largest developer and operator of Grade A industrial and logistics real estate with a pan-India network of over fifty logistics parks, spanning 60 million sq. ft across 11 cities. The warehousing and logistics sector in the country has seen sustained interest from global investors who are looking to buy good-quality warehousing assets or entire portfolios from developers and operators. 'With a mature, institutionally-backed asset portfolio, IndoSpace is looking to monetize it. It has been exploring the possibility of an infrastructure investment trust (InvIT) or an initial public offering (IPO) in the medium term,' said the second person. Last year, IndoSpace sold 2.5 million sq. ft of warehousing space to Alta Capital for around $100 million. The warehousing assets were located at Pune and Sri City, Andhra Pradesh. Market leader IndoSpace competes with Blackstone-owned Horizon Industrial Parks, Ascendas Firstspace, ESR India among others in an asset class which has witnessed growing demand for modern warehousing and industrial facilities, and a solid appetite among institutional investors for ready and good-quality industrial assets. 'IndoSpace not only had the first-mover advantage, but it set the tone for warehousing development in India, and built with global standards from the start. In recent years, the market has become competitive with an increasing number of players of global repute,' said Chandranath Dey, India head – operations, business development, industrial consulting & integrated logistics, India, JLL, a property advisory. This year, IndoSpace inked a long-term lease of over 700,000 sq. ft with RenewSys India for warehousing space in Khalapur near Mumbai. It also leased 127,000 sq. ft in Pune to Steelcase Asia Pacific Holdings.
Time of India
08-06-2025
- Time of India
Fake Aadhaar Scam busted in MP police recruitment, 22 candidates, vendors in dock!
IG Law and Order Anshuman Singh reported that during the Madhya Pradesh Police recruitment process, 22 candidates were found to have used fake or tampered Aadhaar cards during the physical test phase. This was based on an exam conducted in 2023, followed by physical tests in 2024. A total of 21 FIRs have been registered. The investigation revealed lapses in identity verification by Aadhaar card vendors, who are also being held Law and Order, Anshuman Singh said, "For the recruitment of the posts of Madhya Pradesh Police Constable, GD, and Radio, the Madhya Pradesh Staff Selection Board held an online examination in 2023. Based on the result, the Selection Branch Bhopal conducted a physical test of the selected candidates in the physical test, the selection committee learned that 5 candidates appeared in the examination with fake Aadhar investigation, some cases have been observed in different districts, in which differences (in the Aadhar card) have been found. Based on it, so far 21 cases have been registered in which 22 candidates are accused. In the preliminary investigation, we found that Aadhar card vendors did not completely validate the ID of the candidates and updated it card vendors are also the accused in this case..." Show more Show less
Indian Express
07-06-2025
- Politics
- Indian Express
Renting Aadhaar logins, manipulating data: How hackers ‘helped' job aspirants cheat
The Madhya Pradesh Chief Minister has directed the strictest possible action following revelations of a sophisticated cyber fraud that exploited the Aadhaar update system during the Police Constable Recruitment Exam-2023. In a statement, Chief Minister Mohan Yadav said: 'Such criminal acts, which cause injustice to deserving candidates, will not be tolerated in Madhya Pradesh. Taking suo motu cognizance, the Police Headquarters is conducting a thorough examination of biometric data and Aadhaar history of all successful candidates. In cases where impersonation is found at first glance, criminal cases have been registered against the candidates and strict action is being ensured.' The directive comes as investigators have allegedly uncovered an interstate network spanning multiple states that manipulated biometric data to help unqualified candidates fraudulently pass the recruitment examination. According to sources, the investigation has allegedly revealed that the organised gang rented login IDs of several Aadhaar centre agents. They also indicate the gang cloned agents' retina and biometric data that served as passwords for these IDs, with one agent having his ID rented for Rs 3,000 per month. Inspector General of Police (Law and Order) Anshuman Singh said that during investigation, it was also found that some Aadhaar card vendors uploaded requests for biometric changes to the Aadhaar system without proper verification. 'The accused candidates exploited this lapse to commit the crime,' he said. The sophisticated operation allegedly utilised remote access applications to control candidates' systems from Delhi while updating their Aadhaar with the gang's own biometric data. After examinations concluded, the IDs were changed back to their original state, allowing imposters known as 'solvers' to be sent to exam centres with altered identities. The gang updated biometric data in candidates' Aadhaar cards before the exam and altered it again afterward. Police said the irregularities were first detected in November 2024 when documents of five candidates in Morena raised suspicions during the Physical Proficiency Test. This discovery prompted the police headquarters to issue directives on April 21, 2025, requiring re-verification of biometric and Aadhaar history for all selected candidates during character verification and appointment phases. The probe has led to the registration of 21 cases against 22 candidates across multiple districts, with seven cases in Morena, six in Shivpuri, two in Sheopur, and one each in Indore, Datia, Gwalior, Alirajpur, Rajgarh, and Shahdol.
