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Stay updated with the latest PSU news in India. This section covers CMD and chairman appointments, leadership changes and updates from major public sector undertakings and public sector banks.

IGL Declares Q3 Results : Net profit rises 18% to Rs 335 cr

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Indraprastha Gas Limited (IGL) the supplier of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in the National Capital Territory of Delhi and...

GAIL PAT jumps 20% to Rs. 1,487 crore in Q3

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GAIL (India) Limited recorded 13% increase in Turnover to Rs. 15,386 crore vis-a-vis Rs. 13,611 crore in Q2 FY21. Profit before Tax (PBT) increased...

GAIL acquires 5% stake in Indian Gas Exchange

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GAIL (India) Limited has signed a Share Purchase and Shareholders Agreement (SPSHA) with IGX and Indian Energy Exchange Limited (IEX), the promoter and parent...

Venkata Nagi Reddy Kovvuri will continue as CVO KIOCL

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Venkata Nagi Reddy Kovvuri (IDES:1998), CVO, Rashtriya Ispat Nigam Ltd (RINL), Visakhapatnam, will continue to hold additional charge of CVO, Kudremukh Iron Ore Company...

NMDC Q3 results: Net profit soars 53.4% YoY to Rs 2,108 crore

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Government of India owned public enterprise NMDC, the country's largest iron ore miner, showed a 53.4 per cent year-on-year rise in net profit at...

ONGC to usher in India’s first Geothermal Energy at Ladakh

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Energy Maharatna ONGC has set out to establish India’s maiden Geothermal Field Development Project in Ladakh. A Memorandum of Understanding (MoU) was inked by...

JNPT records 9% YoY container growth in Jan 2021 with 465,084 TEUs

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Jawaharlal Nehru Port Trust (JNPT), India’s premier container port, handled 465,084, twenty-foot equivalent units (TEUs) in January, clocking a growth of 9.14% percent over...

Power generation major SJVN joins ISA as corporate member

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Public sector power generation major SJVN Ltd, a joint venture of the central and Himachal Pradesh governments, on Friday announced it had joined the...

REC declares quarterly financial results for Q3 and 9m FY21

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The Board of Directors of REC Limited approved the unaudited standalone and consolidated financial results for Q3 & 9M FY21.Operational and Financial Highlights –...

NMDC produces 25.7 MT iron ore in April-January FY21

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(PTI) : State-owned NMDC on Monday said its iron ore production remained almost flat at 25.66 million tonne (MT) between April 2020 and January...

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