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Coal India’s subsidiary SECL to buy-back shares

Coal India’s subsidiary SECL to buy-back shares

Kolkata, Feb 28  Coal India on Monday said its wholly-owned subsidiary South Eastern Coalfields Limited (SECL) has approved buy-back of 1,50,443 fully paid equity shares for an aggregate amount not exceeding Rs 1,200 crore.“The Board of Directors...
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9 bank unions call for strike on Tuesday

Chennai, Feb 27  The United Forum of Bank Unions (UFBU), an umbrella body of nine unions in the sector, has called a one-day strike on February 28 to protest the government’s “anti-people banking reforms” as well as to demand compensation...
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SBI to merge 5 associate banks from April

Mumbai, Feb 24  The country’s largest lender, State Bank of India (SBI), said on Thursday five of its associate banks would merge with itself from April 2017.“We advise that the Government of India has issued the orders …under subsection...
Centre garners over Rs 1,600 crore on BEL stake sale

Centre garners over Rs 1,600 crore on BEL stake sale

New Delhi, Feb 24  In one of the most successful instances of its disinvestment drive, the Union government on Thursday raised over Rs 1,600 crore from the sale of 5 per cent stake in Bharat Electronics Ltd (BEL) after retail investors oversubscribed...
DVC adds 500 MW thermal power generation capacity

DVC adds 500 MW thermal power generation capacity

Kolkata, Feb 24  The Damodar Valley Corporation (DVC) added another 500 megawatt (MW) of thermal power generation capacity after commissioning of Bokaro plant on Thursday, a company official said.“DVC declares COD (Commercial Operation Date) of...
MoU executed between RECTPCL and EESL

MoU executed between RECTPCL and EESL

New Delhi, Feb 23 Memorandum of Understanding (MoU) was executed between REC Transmission Projects Company Ltd. (RECTPCL) and Energy Efficiency Services Ltd.  (EESL) for taking up Energy Efficiency and Energy Efficient Street Lighting projects. During...
NTPC installs Robotic Dry Cleaning System for Solar PV Plant at NTPC Dadri

NTPC installs Robotic Dry Cleaning System for Solar PV Plant at NTPC Dadri

Robotic Dry Cleaning System for Solar panels at Solar PV plant at NTPC Dadri was inaugurated by A. K. Jha, Director (Technical), NTPC Limited in presence of Shri D.K. Sood, RED (DBF) & ED (CSR/R&R) and S. K. Sinha, GGM (Dadri) and other senior...
AAI declares Rs 560 crore interim dividend for 2016-17

AAI declares Rs 560 crore interim dividend for 2016-17

New Delhi, Feb 23  State-run Airports Authority of India (AAI) on Wednesday declared an interim dividend of Rs 560 crore for the year 2016-17.“AAI has earned a revenue of Rs 10,824 crore (previous year – Rs 9,285 crore), profit before tax...
CMD, NHPC delivers address at 6th International Conference

CMD, NHPC delivers address at 6th International Conference

Shri K.M. Singh, Chairman and Managing Director, NHPC delivered an address at the inaugural session of 6th International Conference on Large Power Transformers – Modern Trends in Application, Installation, Operation & Maintenance at New Delhi...
Lovraj Kumar Trust’s Upstream R&D Conclave in New Delhi

Lovraj Kumar Trust’s Upstream R&D Conclave in New Delhi

Lovraj Kumar Memorial Trust (LKMT) organized an Upstream R&D Conclave as its annual event in India International Center, New Delhi focusing on a few selected issues faced by upstream operators and the work being done by the service providers, technology...
UP Power Corp raises Rs 6,510 cr on BSE Bond platform

UP Power Corp raises Rs 6,510 cr on BSE Bond platform

Mumbai, Feb 21 (IANS) Stock market major BSE on Tuesday reported that state-run Uttar Pradesh Power Corporation has raised Rs 6,510 crore worth of debt capital on its bond platform. “On February 16, 2017, UP Power Corporation successfully raised...
NLCIL’s – Women Empowerment Initiatives once again recognized! The Company won WIPS “Best Enterprise Award” for the Ninth Time

NLCIL’s – Women Empowerment Initiatives once again recognized! The Company won WIPS “Best Enterprise Award” for the Ninth Time

NLCIL has been presented with the ‘Best Enterprise Award’ in the Navratna category for the year 2016 in recognition its  commendable work done for the development of women employees in the organization and for the welfare of women & children...
Bengal nod for JV with GAIL for piped gas supply project

Bengal nod for JV with GAIL for piped gas supply project

Kolkata, Feb 22  West Bengal’s Cabinet Committee on Industry on Tuesday gave green signal to a joint venture between state-owned Greater Calcutta Gas Supply Corporation (GCGSC) and GAIL (India) to supply piped natural gas to households in greater...
REC extends CSR support to All India Institute of Medical Sciences

REC extends CSR support to All India Institute of Medical Sciences

REC extends CSR support to All India Institute of Medical Sciences (AIIMS), New Delhi for the project ‘’Renovation and provision of equipment for Central Sterile Supply Department (CSSD) of AIIMS along with procurement of new steam sterilizers and...
MoU between NTPC- PMI and PFC

MoU between NTPC- PMI and PFC

For capacity building of distribution utility personnel at various levels under Government of India’s priority initiative “Integrated Power Development Scheme” (IPDS) which has a critical role in improving the health of urban power...
Oil India Limited celebrates its 58th Foundation Day

Oil India Limited celebrates its 58th Foundation Day

Walkathon and Cleanliness Drive carried out by employees and their family members around OIL’s Residential Complex in Noida on the occasion of the 58th OIL Foundation Day Oil India Limited (OIL), India’s second largest National Exploration & Production...
Top Honours for NBCC at Industry Excellence Awards 2016

Top Honours for NBCC at Industry Excellence Awards 2016

In aglittering award ceremony organized by The Institution of Engineers (India), in Kolkata, NBCC (India) Limited bagged the prestigious Excellence Award for Engineering Services & Consultancy under Category A. Dr. Anoop Kumar Mittal, CMD, NBCC was...
NHPC organizes Free Medical Camp

NHPC organizes Free Medical Camp

Patients being examined at Free Medical Camp organized by NHPC in presence of Shri G.P. Patel, ExecutiveDirector (EMS), NHPC Faridabad, Feb 18 Under its scheme of Corporate Social Responsibility – Sustainable Development, NHPC Limited, India’s...
HAL gets Israeli order for more Boeing cargo doors

HAL gets Israeli order for more Boeing cargo doors

Bengaluru, Feb 18 (IANS) State-run Hindustan Aeronautics Ltd (HAL) received a fresh order from the Israeli Aerospace Industries (IAI) to supply eight sets of cargo doors for the main deck of Boeing 737, said an official of the defence behemoth on Saturday. “The...
Coal India’s dispatch picks up

Coal India’s dispatch picks up

Ranchi, Feb 17 (IANS) With the growing economy, Coal India has noticed its dispatch of coal is picking up and is hoping for brighter future, a company official said on Friday. “Country’s economy is growing. The government’s scheme is...
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