Six J&K cadre IAS officers promoted

Six J&K cadre IAS officers promoted

🕔10:18, 30.May 2019

Srinagar, May 30  Six Indian Administrative Service (IAS) officers of J&K cadre have been promoted to the apex scale by the State Administrative Council (SAC). The SAC headed by Governor Satya Pal Malik has approved the promotion of Sudhanshu Panday,

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RBI sets up panel to develop secondary market for corporate loans

RBI sets up panel to develop secondary market for corporate loans

🕔10:00, 30.May 2019

Mumbai, May 30 The Reserve Bank of India on Wednesday constituted a task force on development of secondary market for corporate loans. The six-member task force will have T. N. Manoharan, Chairman of Canara Bank, as its chairperson and will submit

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POWERGRID’s Profit After Taxcrosses ₹10,000 crore,Gross Assets surpass ₹2,00,000 crore

POWERGRID’s Profit After Taxcrosses ₹10,000 crore,Gross Assets surpass ₹2,00,000 crore

🕔20:56, 29.May 2019

New Delhi, 29.05.2019 Power Grid Corporation of India Limited (POWERGRID), a ‘Navratna’ Company under Ministry of Power, Government of India and the ‘Central Transmission Utility (CTU)’ of the country, crossed ₹10,000 crore profit for the first time as it posted

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HPCL AND CSIR-NPL RELEASE 26 BNDs ON WORLD METROLOGY DAY

HPCL AND CSIR-NPL RELEASE 26 BNDs ON WORLD METROLOGY DAY

🕔17:54, 29.May 2019

Date: 29th May 2019 HPCL and CSIR–NPL achieved significant milestone by releasing 26 Petroleum BNDs (Bharatiya NirdeshakDravya or Indian Reference Material) on 20th May’2019 coinciding with the occasion of World Metrology Day. The 26 Petroleum BNDs jointly developed by HPCL

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PFC Records 59% growth during the FY 18-19

PFC Records 59% growth during the FY 18-19

🕔15:46, 29.May 2019

1st significant development last FY 2018-19 was acquisition of REC PFC has successfully completed the acquisition of REC Ltd. As regards the consolidated numbers for FY 2018-19 post PFC acquisition of REC is concerned Consolidated loan asset book is at

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Air India seeks nod for Rs 2,400 crore loan from NSSF

Air India seeks nod for Rs 2,400 crore loan from NSSF

🕔15:42, 29.May 2019

New India, May 29  Disinvestment-bound Air India has sought the government’s approval to borrow Rs 2,400 crore from National Small Savings Fund (NSSF), a pool of small savings from households, to meet its working capital requirements. The airline, which has

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HC issues notice to Centre on plea to curb population

HC issues notice to Centre on plea to curb population

🕔15:41, 29.May 2019

New Delhi, May 29  The Delhi High Court on Wednesday asked the central government to file a response on a plea seeking implementation of a proposal by the National Commission to Review the Working of the Constitution (NCRWC) on population

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J.P. Nadda to succeed Amit Shah as BJP President

J.P. Nadda to succeed Amit Shah as BJP President

🕔15:39, 29.May 2019

New Delhi, May 29  With BJP organisational architect Amit Shah set to join the Cabinet, the decks are being cleared for the baton to be handed over to Health Minister J.P. Nadda as the new President. Nadda is expected to

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Naveen Patnaik sworn-in as Odisha CM for 5th term

Naveen Patnaik sworn-in as Odisha CM for 5th term

🕔12:03, 29.May 2019

Bhubaneswar, May 29 Naveen Patnaik was on Wednesday sworn-in as the Odisha Chief Minister after he was re-elected with a decisive majority in the Assembly elections. Patnaik and his team of ministers were administered the oath of the office at a

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NTPC Signs MoU with Ministry of Power

NTPC Signs MoU with Ministry of Power

🕔12:01, 29.May 2019

India’s largest power generating company, NTPC signed the Memorandum of Understanding (MOU) with Ministry of Power for the year 2019-20. NTPC has kept key targets as Rs 20,000 crore for capital expenditure and generate 310 Billion Units (BU) of electricity

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RBI to extend RTGS deadline to 6 p.m. from June 1

RBI to extend RTGS deadline to 6 p.m. from June 1

🕔08:29, 29.May 2019

Mumbai, May 29  The Reserve Bank of India has decided to extend the usage timings for ‘Real Time Gross Settlement’ (RTGS) system from June 1. A notification to this effect was issued on Tuesday. RTGS is a financial transaction system,

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PNB’s Q4 losses due to provisioning: Chairman

PNB’s Q4 losses due to provisioning: Chairman

🕔08:28, 29.May 2019

New Delhi, May 29  After slipping into a Rs 4,750 crore loss in the fourth quarter ended March, state-run Punjab National Bank (PNB) hopes to once again become profitable in the current quarter, PNB Chairman Sunil Mehta said on Tuesday.

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EESL’s FY 2018-19 standalone revenue up 37%

EESL’s FY 2018-19 standalone revenue up 37%

🕔08:26, 29.May 2019

New Delhi, May 29  Energy Efficiency Services Ltd (EESL) on Tuesday reported a 37 per cent increase in its standalone revenue at Rs 1,935 crore in the financial year 2018-19, on a year-on-year basis. The consolidated revenue of the company

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SpiceJet to induct 60 aircraft in 2019-20: CFO

SpiceJet to induct 60 aircraft in 2019-20: CFO

🕔08:25, 29.May 2019

New Delhi, May 29  As it moves to expand its global presence, budget carrier SpiceJet plans to aggressively augment capacity by 80 per cent during the current fiscal, a top company official said on Tuesday . As per the plan,

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Hindustan Copper net profit jumps 85% in Q4

Hindustan Copper net profit jumps 85% in Q4

🕔08:24, 29.May 2019

Kolkata, May 29  State-run Hindustan Copper on Tuesday reported an 85 per cent increase in its standalone net profit to Rs 40.46 crore in the fourth quarter of 2018-19 (FY19) as compared to Rs 21.92 crore in the year-ago period.

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Vodafone Idea completes network integration in Punjab

Vodafone Idea completes network integration in Punjab

🕔08:22, 29.May 2019

New Delhi, May 29  Telecom major Vodafone Idea on Tuesday said it has completed its network integration in Punjab. Punjab is the the tenth telecom circle where Vodafone Idea has completed the network integration after Vodafone India and Idea Cellular

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TCS listed among top 50 US companies for diversity

TCS listed among top 50 US companies for diversity

🕔08:21, 29.May 2019

New York, May 29  Tata Consultancy Services (TCS), a part of the Tata group which generated consolidated revenues of $20.9 billion in the fiscal year ended March 31, 2019, has been recognized in DiversityInc’s “2019 Top 50 Companies for Diversity”

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SpiceJet’s Q4 net profit up 22% to Rs 56.3 cr

SpiceJet’s Q4 net profit up 22% to Rs 56.3 cr

🕔08:20, 29.May 2019

Mumbai, May 29  SpiceJet on Tuesday reported a 22 per cent rise in its net profit for the fourth quarter of 2018-19. According to the airline, its net profit increased to Rs 56.3 crore in the three months ended March

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Settle dues with HUDCO in 4 weeks: NCLAT to Vikram Bakshi

Settle dues with HUDCO in 4 weeks: NCLAT to Vikram Bakshi

🕔08:19, 29.May 2019

New Delhi, May 29  The National Company Law Appellate Tribunal on Tuesday gave four weeks time to businessman Vikram Bakshi for settling his dues with the Housing and Urban Development Corp (HUDCO). According to the HUDCO, Bakshi has to pay

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Brexit a ‘vaccine’ against anti-EU propaganda: Tusk

Brexit a ‘vaccine’ against anti-EU propaganda: Tusk

🕔08:17, 29.May 2019

Brussels, May 29 Terming Europe a “winner” in the European Parliament elections, EU Commission President Donald Tusk said Brexit has acted as a “vaccine” against Euroskepticism. “I have no doubt that one of the reasons that people on the Continent voted

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