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Public Sector News

SBI may pay Essar lenders on Monday as ArcelorMittal pays up

SBI may pay Essar lenders on Monday as ArcelorMittal pays up

🕔06:49, 16.Dec 2019

New Delhi, Dec 16  The State Bank of India (SBI), the lead banker of the bankrupt Essar Steel, is likely to settle dues of other lenders as it received Rs 40,000 crore on Friday from ArcelorMittal, which is going to

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ONGC launches toll-free number to strengthen installation security

ONGC launches toll-free number to strengthen installation security

🕔05:15, 16.Dec 2019

Oil and Natural Gas Corporation Limited (ONGC) launched an All-India Toll-Free 24X7 Helpline Number – 1800-1800-088 – during the inaugural session of the Security Awareness Week 2019 at Deendayal Urja Bhawan Delhi on 13 December 2019. The emergency helpline number

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B C Tripathi, former GAIL CMD, receives ‘Best CEO’ Award

B C Tripathi, former GAIL CMD, receives ‘Best CEO’ Award

🕔13:53, 14.Dec 2019

Mumbai, December 14, 2019: Shri B C Tripathi, former Chairman & Managing Director of GAIL (India) Limited, was honoured as the ‘Best CEO’ in the Public Sector Undertakings category at the Business Today Best CEO Awards. The award was presented

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CCI approves stake buy in SBI General Insurance by Napean

CCI approves stake buy in SBI General Insurance by Napean

🕔13:41, 14.Dec 2019

New Delhi, Dec 14  The Competition Commission of India (CCI) has approved acquisition of shares in SBI General Insurance by Napean Opportunities LLP. The proposed combination relates to the acquisition of 16.01 per cent paid up share capital of SBI

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NHPC signs Letter of Intent

NHPC signs Letter of Intent

🕔07:01, 14.Dec 2019

NHPC exchanged a letter of Intent (LoI) with NEA Engineering Co. Ltd., Nepal for mutual co-operation in the field of Design & Engineering on 13.12.2019 in the presence of Shri Balraj Joshi, CMD, NHPC. On this occasion a meeting between

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Chairman, IndianOil inaugurates Security Week

Chairman, IndianOil inaugurates Security Week

🕔06:59, 14.Dec 2019

  Mr. Sanjiv Singh, Chairman, IndianOil, inaugurated the Security week at IndianOil’s Corporate Office in New Delhi today, in the presence of Mr. G K Satish, Director(Planning & Business Development), Mr. Ranjan Kumar Mohapatra Director (HR), Mr. Gurmeet Singh, Director

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NLC INDIA LIMITED BATS FOR SPECIAL CHILDREN

NLC INDIA LIMITED BATS FOR SPECIAL CHILDREN

🕔05:31, 14.Dec 2019

As part of observation of National Day for physically and intellectually challenged, the Cuddalore District Education Department had conducted a Sports Event for Special Children. NLCIL, in right earnestness came forward to host an event at Bharathi Stadium, Neyveli. The

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PFC CONFERRED WITH “ASIA’S MOST TRUSTED COMPANIES AWARD 2019” by IBC IN BANGKOK, THAILAND

PFC CONFERRED WITH “ASIA’S MOST TRUSTED COMPANIES AWARD 2019” by IBC IN BANGKOK, THAILAND

🕔15:30, 13.Dec 2019

Asia’s Most Trusted Companies Awards 2019 is a distinctive recognition for a company recognized as a leader in its industry category based on current year marketing standing. The award has been conceptualized to include the organizations from diversified business segments

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NLCIL observes National Day of Intellectually Challenged 2019

NLCIL observes National Day of Intellectually Challenged 2019

🕔08:26, 13.Dec 2019

Neyveli, Dec 12 Sneha Opportunity Services (SOS), a society functioning under the aegis of NLCIL observed the National Day of Intellectually Challenged at Lignite Hall, Neyveli on 12.12.2019. The SOS has been functioning in Neyveli with a vision to educate

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Govt rules out BSNL, MTNL disinvestment

Govt rules out BSNL, MTNL disinvestment

🕔15:52, 12.Dec 2019

New Delhi, Dec 12  The government on Thursday ruled out any plans to sell stake or disinvestment of ailing telecom PSUs — Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) in the Parliament while fixing a target

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REC Commits Assistance to Improve Health Services in 15 districts of Odisha

REC Commits Assistance to Improve Health Services in 15 districts of Odisha

🕔13:49, 12.Dec 2019

New Delhi, 12th December 2019:  REC Foundation, the CSR arm of the Navratna Central Govt. PSU REC Limited, signed a memorandum with Christian Medical College, Vellore extending CSR support of Rs.10 crore on Program for control of Sickle cell diseases

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BHARATHIYAR AUDITORIUM INAGURATED IN NLC HIGHER SECONDARY SCHOOL, MANDHARAKUPPM

BHARATHIYAR AUDITORIUM INAGURATED IN NLC HIGHER SECONDARY SCHOOL, MANDHARAKUPPM

🕔05:31, 12.Dec 2019

Shri R. Vikraman, Director (HR) inaugurated the newly constructed Bharathiyar Auditorium at NLC Higher Secondary School, Manadarakuppam named after the renowned poet Mahakavi Bharathiyar on his birth anniversary on 11-12-2019. During his inaugural address Shri Vikraman, an alumunus of NLC

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IndianOil bags FIPI’s ‘Sustainably Growing Corporate of the Year’ Award

IndianOil bags FIPI’s ‘Sustainably Growing Corporate of the Year’ Award

🕔05:22, 12.Dec 2019

New Delhi, December 11, 2019 : IndianOil bagged the Federation of Indian Petroleum Industry’s (FIPI) ‘Sustainably Growing Corporate of the Year’ award for excellence in sustainability performance and benefits extended to society and the environment, at a glittering awards ceremony

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NHPC secures 3rd Position in 24th Inter-CPSU Volleyball Tournament 2019

NHPC secures 3rd Position in 24th Inter-CPSU Volleyball Tournament 2019

🕔05:19, 12.Dec 2019

NHPC, India’s premier hydropower company participated in the 24th Inter CPSU Volleyball tournament held under the aegis of PSCB (Power Sports Control Board) at Nangal, Punjab from 4th December to 6th December 2019. Nine teams from leading power sector PSUs / organizations i.e. MOP, CEA,

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Director (Personnel) NHPC addresses OCCUCLAVE 2019

Director (Personnel) NHPC addresses OCCUCLAVE 2019

🕔13:07, 10.Dec 2019

Shri N.K. Jain, Director (Personnel) NHPC, India’s premier hydropower company addressed the inaugural session of OCCULAVE 2019, the 7th  Global Conclave of AEOHD (Association of Environmental and Occupational Health Delhi) on 8th December 2019 at New Delhi. Shri N.K. Jain was also

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PSBs post Rs 3,221 cr profits in H1: Mos Finance

PSBs post Rs 3,221 cr profits in H1: Mos Finance

🕔11:34, 10.Dec 2019

New Delhi, Dec 10  Public sector Banks (PSBs) have returned to profitability in 2019-20, posting an aggregate profit of Rs 3,221 crore in the first half ending September, Minister of State for Finance Anurag Singh Thakur said in the Parliament.

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SBI cuts lending rate by 10 bps to 7.90%

SBI cuts lending rate by 10 bps to 7.90%

🕔06:23, 10.Dec 2019

New Delhi, Dec 10 The State Bank of India (SBI) on Monday announced a 10 basis points cut in one-year marginal cost of funds-based lending rate (MCLR), effective from December 10. It will bring SBI’s one-year MCLR down to 7.90

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NLCIL & Directorate of Industrial Safety & Health/ Govt of Tamil Nadu jointly organized a Special Safety Training cum Computer Aided Safety Quiz program

NLCIL & Directorate of Industrial Safety & Health/ Govt of Tamil Nadu jointly organized a Special Safety Training cum Computer Aided Safety Quiz program

🕔16:51, 9.Dec 2019

Thermal Power Stations of NLC India limited and Directorate of Industrial Safety & Health/ Govt of Tamil Nadu jointly organized special safety training cum computer aided safety quiz program at Thermal Power Station Training Centre, Block-13, Neyveli on 05.12.2019. Shri. 

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BHEL signs MoU with CSIR for commercialisation of indigenously developed technologies

BHEL signs MoU with CSIR for commercialisation of indigenously developed technologies

🕔11:46, 9.Dec 2019

New Delhi, December 9: BHEL signed an MoU with CSIR for commercialisation and implementation of indigenously developed technologies by CSIR. The first project to be taken up will be commercialisation of various water purification/sewage disposal related technologies. The MoU was

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SAIL’s acquisition of Malvika Steel in Amethi turns idle

SAIL’s acquisition of Malvika Steel in Amethi turns idle

🕔06:04, 9.Dec 2019

New Delhi, Dec 9  In a classic case of how political interference is pushing public sector enterprises into taking senseless investment decisions, it now comes across that country’s largest public sector steel maker Steel Authority of India Ltd (SAIL) has

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