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State Bank of India commits itself to financial inclusion

Washington, April 18 The World Bank Group and a broad coalition of partners, including the State Bank of India, have made commitments that will help promote financial inclusion and achieve universal financial access by the year 2020. Galvanizing...
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RailTel targets Rs.1,000 crore turnover by 2017

Kolkata, April 17 State-run telecom infrastructure firm RailTel said it is aiming to double its turnover to Rs.1,000 crore in course of the coming two years as it is expanding its presence in retail and telepresence services. “We are targeting a...
Dharmendra Pradhan MoS (I/C) PNG visited Assam Asset of ONGC

Dharmendra Pradhan MoS (I/C) PNG visited Assam Asset of ONGC

Dharmendra Pradhan, Minister of State, Petroleum & Natural Gas visited Assam Asset of ONGC on 15th and 16th April, 2015. Pradhan visited the Geleky Drill site EV 2000 5 today and he took keen interest in the onshore drilling process. He interacted...
PNB Prena conducts CSR activity at Janta Adarsh Andh Vidyalaya

PNB Prena conducts CSR activity at Janta Adarsh Andh Vidyalaya

New Delhi, April 16 “PRERNA” group of Punjab National Bank South Delhi Circle donated 12 tables and benches, 8 computer systems and 5 computer tables at Janta Adarsh Andh Vidyalaya, Sadiq Nagar, New Delhi. Senior authorities of PNB Prerna congratulated...
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BHEL commissions 2,400 MW OP Jindal Thermal Power Project

New Delhi, April 16: With the commissioning of the fourth 600 MW thermal unit, Bharat Heavy Electricals Limited (BHEL) has successfully commissioned the 4×600 MW OP Jindal Super Thermal Power Project (STPP) Extension, in Chhattisgarh. The unit has...
NLC pays rich tributes to Dr. Babasaheb Ambedkar on Ambedkar Jayanti

NLC pays rich tributes to Dr. Babasaheb Ambedkar on Ambedkar Jayanti

NLC celebrated 125th Birth Anniversary of Dr.Bhimrao Ramji Ambedkar on 14-04-2015 at Neyveli. B.Surender Mohan, CMD, NLC, paid floral tributes by garlanding Dr. Ambedkar’s bronze statue at Pudukuppam Junction. In his address, Shri Surender Mohan praised...
PNB Celebrates 121st Foundtion Day

PNB Celebrates 121st Foundtion Day

Punjab National Bank celebrated its 121stFoundation Day on the eve of Baisakhi. The Bank was established on 12th April, 1895 by patriots like Lala Lajpat Rai, E C Jessawala, Babu Kali Prasono Roy, Lala Harkishan Lal and Sardar Dyal Singh Majithia, which...
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PFC achieves MOU Targets of Financial Year 2014-15

PFC signs a Memorandum of Understanding (MOU) with the Government of India for each Financial Year which includes performance targets for parameters such as the amount of Sanctions, Disbursements and other measures. The MoU signed by PFC for the Financial...
The Minister of State for Petroleum and Natural Gas (Independent Charge), Dharmendra Pradhan meeting the Minister of Foreign Affairs, Mozambique, Oldemiro Julio Marques Baloi, in Mozambique.

India to invest $6 bn more in Mozambique gas block : Pradhan

The Minister of State for Petroleum and Natural Gas (Independent Charge), Dharmendra Pradhan meeting the Minister of Foreign Affairs, Mozambique, Oldemiro Julio Marques Baloi, in Mozambique. New Delhi, April 13 (IANS) In addition to the $6 billion already...
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BHEL commissions 600 MW Thermal Unit in Chhattisgarh

New Delhi, April 13: Bharat Heavy Electricals Limited (BHEL) has successfully commissioned another 600 MW thermal unit in Chhattisgarh. The unit was commissioned at Dainik Bhaskar Power Limited (DBPL)’s upcoming 2×600 MW thermal power project located...
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SBI cuts home loan interest rate by up to 0.25 percent

New Delhi, April 13  State-run State Bank of India on Sunday cut its home loan interest rate by 0.25 percent — or up to 25 basis points — for new borrowers while for women borrowers the rate has been aligned to the base rate of 9.85 percent...
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REC divestment was a thumping success: Arun Jaitley

New Delhi, April 9 Finance Minister Arun Jaitley on Thursday said the divestment of the Rural Electrification Corporation (REC) was a thumping success that saw 902 percent of retail participation — the highest ever.“REC divestment is a thumping...
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Coal India permitted to sell more coal by e-auction

New Delhi, April 9  State miner Coal India Ltd. (CIL) has been permitted to sell an increased amount of its coal through e-auction where the fuel is sold at spot market prices. An official source told IANS on Wednesday that CIL has been notified that...
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Rural Electrification Corporation OFS oversubscribed

New Delhi, April 8 The first central public sector enterprise disinvestment for the current fiscal year jump started with the Rural Electrification Corporation (REC) offer for sale (OFS) getting fully subscribed within one-and-a-half hours of the opening. On...
Signing of Allotment Agreement for Coal Blocks

Signing of Allotment Agreement for Coal Blocks

New Delhil, April 08 : Subsequent to the declaration of allocation of Chatti-Bariatu & Chatti-Bariatu (South), Kerandari, Dulanga and Talaipalli coal blocks to NTPC on 24.03.2015, Allotment Agreement for these coal blocks has been signed. Vivek Bharwdwaj,...
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BHEL’s tentative net profits declines by 62 percent

Mumbai, April 7  State-run power equipment-maker Bharat Heavy Electricals Ltd. (BHEL) said on Monday that the provisional net profit of the company declined by 62 percent at Rs.1,314 crore during 2014-15 against Rs.3,461 crore during the previous year. In...
PNB Extended Helping Hand

PNB Extended Helping Hand

Punjab National Bank donated embroidery machines with raw material to inmates of Department of Social Welfare & Women & Child Development, Govt. of Delhi, Nirmal Chhaya complex. The inmates of Nirmal Chhaya comprise of women & girl child in...
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Coal India misses 2014-15 target by three percent

Kolkata, April 4  State owned Maharatna company Coal India Ltd’s (CIL) production fell short of its target by three percent for the 2014-15 fiscal as total output was logged at 494.23 million tonnes. The world’s largest coal producer, in...
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Odisha wants HAL to develop Jeypore airstrip

Bhubaneswar, April 3 The Odisha government has urged the defence ministry to advise Hindustan Aeronautics Limited (HAL) for development of an airstrip at Jeypore in Koraput district for commercial operations, said an official on Friday. Chief Secretary...
NLC Signs MoU with Ministry of Coal for the FY 2015-16

NLC Signs MoU with Ministry of Coal for the FY 2015-16

Shri Anil Swarup, Secretary, Union Ministry of Coal (MOC) and Shri B.Surender Mohan, CMD, NLC exchanging the MoU New Delhi, April 02 The Neyveli Lignite Corporation (NLC) signed its performance–based ‘Memorandum of Understanding’ (MoU)...
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