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Tag Archives: PSU News

A Manimekhalai appointed Canara Bank ED

Manimekhalai A

Ms. Manimekhalai A presently General Manager (GM), Vijaya Bank, Regional Office, Bengaluru (North) has been appointed as Executive Director (ED) in Canara Bank, initially for a period of three years.

Indian Bureaucracy Dot Com wishes Ms. Manimekhalai A  the very best.… Read More

Budhi Prakash Sharma ITS given addl charge as WCL CVO

Western Coalfields Ltd

Shri Budhi Prakash Sharma ITS (1999) presently CVO (Director Level), South Eastern Coalfields Ltd. (SECL), Bilaspur, has been given additional charge of the post of CVO (Director Level), Western Coalfields Ltd. (WCL), Nagpur for a period upto 03.09.2020.

Indian Bureaucracy Dot Com wishes Shri Budhi Prakash Sharma the very best.… Read More

REC to support Infrastructure Development Projects in Mahbubnagar, Telangana

REC

REC Foundation, the CSR arm of the Navratna Central Govt. PSU REC Limited, signed a memorandum with the District Megistrate, Mahbubnagar, extending CSR support of Rs. 2.51 crore for construction of compound walls and providing gates in 24 government schools. The project is aimed at facilitating easy student movement and guarantee safety for the children.… Read More

NTPC signs Term Loan of 5000 Cr with SBI

NTPC

NTPC signed  a term loan agreement for ₹5000 crore with State Bank of India today 11th February, 2019. The loan facility is extended at an interest rate linked to 3-Month MCLR of the Bank. This loan has a door to door tenure of 15 years and will be utilised to part finance the capital expenditure of NTPC. The loan agreement was signed by Shri Masood A Ansari, General… Read More

NLC India organizes National Legal Seminar

NLC India

A one-day National seminar on “Trends and Challenges to Arbitration in the light of Insolvency and Bankruptcy code”  has been conducted by NLC INDIA Limited in collaboration with National Law School of India University Bengaluru on 9th February 2019 at Learning & Development centre, of NLC INDIA Limited , Neyveli.

The Inaugural function has been presided… Read More

PM laid Foundation Stone for New Greenfield Airport at Hollongi, AP

The Foundation Stone of Construction of New Greenfield Airport at Hollongi Airport in Arunachal Pradesh was laid by the Hon’ble Prime Minister of India on 09th February, 2019.  The Foundation Stone Laying Ceremony took place in the august presence of Hon’ble Governor of Arunachal Pradesh, Brig. (Dr.) B.D. Mishra (Retd.)  Shri. Pema Khandu, Chief Minister,… Read More

NALCO posts higher than expected Q3 profits

NALCO

National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of Mines, Govt. of India and country’s leading manufacturer and exporter of alumina and aluminium, has declared its financial results for the 3 rd quarter ended December 2018 and up to end 3 rd quarter 2018-19.

According to the reviewed financial results for the 3 rd quarter of the… Read More

REC declares Financial Results for Q3 and 9M FY19

REC Ltd

The Loan Book of the Company has increased by 20%, growing from Rs. 2.24 lakh crore as at 31st December 2017 to Rs. 2.69 lakh crore as at 31st December 2018. This helped the Total Income of the Company increase to Rs. 7,257 crore during the current quarter, as against Rs. 5,637 crore during the quarter ended 31st December 2017. The Company has posted a quarterly profit… Read More

NRDC MoA with Bharat Dynamics Limited

NRDC MoA with Bharat Dynamics Limited

National Research Development Corporation (NRDC), New Delhi signed a Memorandum of Agreement (MoA) with Bharat Dynamics Limited (BDL), Hyderabad, a public sector enterprise under the Ministry of Defence on 1st February, 2019. The purpose of this MoA is to provide support to BDL for IPR consultancy in Patent filing for the technologies developed by BDL and… Read More

NBCC Organises 2 Day Training Programme on leadership skills

NBCC

NBCC (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs (MoHUA), recently organized a two-day training programme ‘Leadership Development and Managerial Excellence’ for its officials. It was organized at NBCC’S Training and Skill Development Centre, (TSDC) in Ghitorni, New Delhi. The programme incorporated unique learning… Read More

SAIL posts Net Profit of 616 Cr in Q3 FY19

SAIL CMD

Declaring the results for the third quarter of this Financial Year (FY) 2018-19 for October – December 2018 quarter, Steel Authority of India Limited (SAIL) posted a profit (Profit After Tax) of Rs 616 Crore in Q3 FY’19 which stood at Rs 43 Crore during the corresponding period last year. The Company has managed to better its performance over the previous quarter… Read More