NBCC and HSCL hand over dividend to Govt for FY 2020-21

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NBCC India Ltd paid a total dividend of Rs 52.24 crore to its shareholders for the Financial year 2020-21. The cheque of Rs 52.24...

S Ramesh appointed as MD, BPRT

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S Ramesh was on Monday (06.09.2021) appointed to the post of Managing Director, Bharat Petro Resources Limited (BPRT) till the date of his...

Air India facing a very challenging financial situation: Hardeep Puri

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While replying to Rajya Sabha MP Vinoy Viswan, in a letter, the Civil Aviation Minister Hardeep Puri clarified on Air India’s financial condition and...

Government to begin privatisation with profit-making PSUs: Report

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The profit-making state-run companies will be first to undergo privatisation than to previously announced strategy of focusing on loss-making units, sources from Business Standard...
REC PFC MERGER

REC–PFC merger gets in-principle nod; merged entity to remain Government Company

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The Boards of REC Limited and Power Finance Corporation (PFC) have accorded in-principle approval to move ahead with a proposed merger of the two...

P M Prasad appointed as CMD, BCCL

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P.M. Prasad has been appointed as Chairman and Managing Director (CMD), Bharat Coking Coal Limited (BCCL) for a period of five years. Presently, he...

NTPC installed capacity reaches 64,075 MW

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NTPC Ltd, India’s largest energy integrated company, crossed 64,000 MW of installed capacity.The company commenced commercial operations for the Kameng Hydro-Electric Project, a part...

REC secures USD 1.15 Billion via Syndicated Term Loans in August 2023

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REC Limited, the distinguished Maharatna Central Public Sector Enterprise operating under the Ministry of Power, accomplished a remarkable feat in August 2023 by securing...

PESB recommends Shantanu Roy’s name as CMD, BEML Limited

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Shantanu Roy is set to be new Chairman and Managing Director (CMD) of the BEML Limited. Roy's name has been recommended by a Public...

CCEA nod for demerger of NMDC’s Nagarnar unit

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The Cabinet Committee on Economic Affairs (CCEA) on Wednesday gave “in-principle” approval to the demerger of Chhattisgarh-based Nagarnar Steel Plant (NSP) from National Minerals...

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