Category Archives: PSU
The Union Steel Minister Chaudhary Birender Singh addressed a press conference on achievements of the Steel Ministry during 3 Years of NDA Government in New Delhi today. He said that the Indian steel industry is at the cusp of another significant milestone by becoming the second largest stainless steel producer in the world, leaving behind Japan.
Chaudhary… Read More
On the heels of maiden flight of HTT-40 (PT-2), HAL carried out first flight of Light Utility Helicopter (LUH)-PT-2 on May 22, 2017 at its facility in Bengaluru. The chopper was flown by Chief Test Pilot Wing Cdr(Retd) Unni K Pillai and Test Pilot Wing Cdr (Retd) Anil Bhambhani.
The flight duration was about 22 minutes and pilots reported nil snag. These maiden… Read More
GAIL (India) Limited registered a 57% rise in Profit after Tax for the Financial Year 2016-17 with the PAT increasing to Rs 3,503 crore from Rs 2,226 crore in the last fiscal. The rise in profit was boosted largely by a turnaround in the Company’s Petrochemical business, increase in profits from Gas Transmission business and partial sale of stake in Mahanagar… Read More
Air India has decided to auction seven of its properties, as a part of its asset monetisation plan. The national carrier has mandated the auctioneer MSTC to put these properties under the hammer. According to the auction notice, Air India proposes to sell its exclusive properties in the form of land parcels/built-up flats located at prime location in Mumbai,… Read More
Oil Ministry may block any attempt by state-owned GAIL, IOC, ONGC and BPCL to buy 10 per cent stake of France’s GDF International in Petronet LNG Ltd as it is keen to keep the liquefied natural gas importer a private limited company.
GDF, a unit of French energy giant Engie SA, has written to sell its entire stake in Petronet to the company’s principal… Read More
[Indian Bureaucracy]: During its Board Meeting held on 16th May 2017, ONGC Tripura Power Company (OTPC – a Joint Venture company of ONGC, IL&FS, IDFC and Govt of Tripura), has declared maiden dividend of 7.5% of paid-up equity share capital of Rs.1120 Crore amounting to Rs. 84 Crore for FY 16-17, within two years of commencement of full operation… Read More
Shri R. Vikraman, Director (HR), NLC India Limited, inaugurated the new School building for Panchayat Union Middle School at Siruvathur Village and a Over Head Tank(OHT) in school premises, constructed under Corporate Social Responsibility (CSR) programme of NLCIL, on 18.05.2017 at Siruvathur Village, Cuddalore District.
NLCIL always… Read More
Birth Centenary Year (Sept 2016- Sept 2017) of Pandit Deen Dayal Upadhyay- the great Indian Philosopher, Economist, Sociologist, Historian and Journalist was started in SJVN Ltd by organizing an inaugural program at its Corporate Office at Shimla.
The program was inaugurated by Shri R N Misra, CMD SJVN in august presence of Shri A S Bindra Director (Finance),… Read More
In a grand ceremony organised by Shree Shrikshetra Soochana Sangh on the occasion of odisha folk fair & Krishi Mela at puri on 15th may 2017, Mrs. Yogamaya acharya was conferred with prestigious Shrikshetra Samman for her outstanding contribution to social and community welfare works specifically for women empowerment, education and care of under privileged… Read More
Against stiff International Competitive Bidding (ICB), Bharat Heavy Electricals Limited (BHEL) has won a prestigious order for a Steam and Power Generation Package from Ramagundam Fertilizers and Chemicals Limited (RFCL).
Valued at Rs.233 Crore, the order has been placed on BHEL for setting up the package at RFCL’s fertilizer plant at Ramagundam in … Read More
Air India Engineering Services Limited, a subsidiary of Air India has completed a major maintenance ‘C-1’ check for the first time of Jet Airways A330 at its Mumbai facility. A330 was a part of Air India fleet till 2014, however to perform third party maintenance check Air India trained its staff and received necessary licenses to deliver major maintenance… Read More
India Tourism Development Corporation (ITDC) – the public sector undertaking under the aegis of Ministry of Tourism, Government of India – hosted a Road Show in collaboration with India Convention Promotion Bureau (ICPB) at The Ashok Hotel.
The Road Show provided an excellent opportunity for stakeholders in networking and interacting with professional… Read More