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Public Sector News

IndianOil tweaks work rules for health, safety and business continuity

IndianOil tweaks work rules for health, safety and business continuity

🕔15:16, 8.Apr 2020

New Delhi, April 8, 2020: While the frontline COVID-19 fighters such as doctors, nurses, paramedical staff, and state administration services are engaged in a pitched battle with the virus, there are many more unsung heroes who are doing an equally commendable

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BoB launches loan scheme for retail customers

BoB launches loan scheme for retail customers

🕔12:34, 8.Apr 2020

New Delhi, April 8  In the wake of COVID-19 pandemic, public sector lender Bank of Baroda has launched “Baroda Personal Loan COVID 19” for its existing retail loan customers (home loan, auto loan & loan against property). It will help

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SBI reduces MCLR by 35 basis points across all tenors

SBI reduces MCLR by 35 basis points across all tenors

🕔07:01, 8.Apr 2020

Mumbai, April 8 Lending major State Bank of India (SBI) on Tuesday reduced the marginal cost of funds-based lending rate (MCLR) by 35 basis points across tenors. In financial parlance, MCLR is an internal reference rate that commercial banks use to

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PNB Housing Fin to raise $75mn from JICA to finance mortgage loans

PNB Housing Fin to raise $75mn from JICA to finance mortgage loans

🕔07:05, 7.Apr 2020

New Delhi, April 7  PNB Housing Finance Ltd will raise $75 million from the Japan International Cooperation Agency (JICA), with co-financing of $25 million by Citibank (Citi) for the purpose of providing affordable housing to low income households in India

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Canara Bank slashes interest rates on loans upto 35 bps

Canara Bank slashes interest rates on loans upto 35 bps

🕔17:22, 6.Apr 2020

New Delhi, April 6  Canara Bank has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) on Loans and Advances across all tenors with effect from April, for the amalgamated entity. The bank has reduced interest rate by 35

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REC Limited reaches out to over 36,500 needy people with food and ration

REC Limited reaches out to over 36,500 needy people with food and ration

🕔17:15, 6.Apr 2020

New Delhi, 6th April 2020:From Srinagar to Chennai, Ahmedabad to Kolkata, starvation is as much a threat as Covid-19 for daily wagers, many of them migrants from different parts of India. Concerned over their plight, REC Foundation, the CSR arm

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Air India operates intl charter, cargo flights

Air India operates intl charter, cargo flights

🕔18:31, 4.Apr 2020

New Delhi, April 4 National passenger carrier Air India on Saturday mobilised massive resources to operate international charter and cargo flights. Accordingly, the airline repatriated stranded foreigners from India and also brought back critical medical cargo from Shanghai. “All these

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ONGC rises to the occasion to combat Covid-19 national crisis, contributes Rs 300 cr to PM Cares Fund

ONGC rises to the occasion to combat Covid-19 national crisis, contributes Rs 300 cr to PM Cares Fund

🕔13:59, 4.Apr 2020

New Delhi, April 04 The outbreak of COVID-19 pandemic in India and the across the world is a matter of great concern for the entire human race. While the entire nation is fighting against the spread of this fatal Corona virus

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NHPC sets example of harmony by providing food and medical care to hundreds of Nepali citizens stranded at Indo-Nepal border in Dharchula

NHPC sets example of harmony by providing food and medical care to hundreds of Nepali citizens stranded at Indo-Nepal border in Dharchula

🕔12:03, 4.Apr 2020

NHPC has set an example of harmony amid lockdown to fight COVID-19 by arranging food, medical check-up facilities and medicines for hundreds of Nepalese citizens stranded in Dharchula, District-Pithoragarh (Uttarakhand) due to sealing of Indo-Nepal international border. NHPC’s Dhauliganga Power

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Power, RE sector PSUs to donate Rs 925 cr to PM-CARES fund

Power, RE sector PSUs to donate Rs 925 cr to PM-CARES fund

🕔17:20, 3.Apr 2020

New Delhi, April 3 The Central Public Sector Centre Enterprises (CPSEs) under the Ministry of Power and the Ministry of New & Renewable Energy have decided to contribute Rs 925 crore to the Prime Minister’s Citizen Assistance and Relief in Emergency

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SBI gives staggered withdrawal plan to Jan Dhan accounts

SBI gives staggered withdrawal plan to Jan Dhan accounts

🕔13:57, 3.Apr 2020

New Delhi, April 3  The State Bank of India has decided to allow withdrawals from Jan Dhan accounts only in a staggered manner to prevent rush of account holders looking for cash during the difficult period of Covid-19 induced lockdown.

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Balmer Lawrie contributes over Rs 1.28 crore to PM CARES Fund

Balmer Lawrie contributes over Rs 1.28 crore to PM CARES Fund

🕔06:23, 3.Apr 2020

Balmer Lawrie & Co. Ltd., a Mini Ratna Category-I PSE under the Ministry of Petroleum & Natural Gas, GOI, has contributed Rs 1,28,25,899.00 (Rupees One crore, twenty-eight lakh, twenty-five thousand and eight hundred and ninety-nine) to the Prime Minister’s Citizen

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IGL ANNOUNCES REDUCTION IN CNG & PNG PRICES

IGL ANNOUNCES REDUCTION IN CNG & PNG PRICES

🕔06:21, 3.Apr 2020

New Delhi, 2nd April 2020: In a major relief to its customers, Indraprastha Gas Limited (IGL), the largest CNG distribution company in the country today announced a major cut in the selling prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG),

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INDIA MOVES TO BS-VI PETROL AND DIESEL

INDIA MOVES TO BS-VI PETROL AND DIESEL

🕔20:06, 2.Apr 2020

New Delhi, 2nd April, 2020: As per their commitment to the nation, PSU Oil Marketing Companies (OMCs – IndianOil, BPCL and HPCL)have fully transitioned to BS-VI compliant petrol and diesel across the country with effect from 1st April 2020 even in the face

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NTPC contributes INR 257.5 crore to PM CARES Fund

NTPC contributes INR 257.5 crore to PM CARES Fund

🕔14:55, 2.Apr 2020

New Delhi, 2nd April, 2020: NTPC Ltd, India’s largest power producer, contributed INR 257.5 Crore to the PM CARES Fund to support the government in the fight against COVID-19. While INR 250 crore have been given by the company, NTPC

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Bharat Electronics revenue grows 6% in 2019-20

Bharat Electronics revenue grows 6% in 2019-20

🕔07:06, 2.Apr 2020

Bengaluru, April 2  State-run Bharat Electronics Ltd (BEL) on Wednesday reported 6 per cent annual growth in sales turnover for fiscal 2019-20 to Rs 12,500 crore. “The company has posted Rs 12,500 crore turnover for fiscal 2019-20 as against Rs

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NHPC’s Highest Ever Generation

NHPC’s Highest Ever Generation

🕔06:09, 2.Apr 2020

NHPC Limited, India’s premier hydropower company achieved its highest ever generation in a financial year with generating 26121 Million Units (MUs) in the FY 2019-2020. This is the highest ever generation by NHPC since its incorporation in November 1975. Moreover,

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Y.K. Chaubey takes over as Director (Technical) NHPC

Y.K. Chaubey takes over as Director (Technical) NHPC

🕔18:20, 1.Apr 2020

Shri Y.K. Chaubey has taken over as Director (Technical) at NHPC Limited, India’s premier hydropower company and a Schedule ‘A’ Enterprise of Government of India on 1st April 2020. Prior to his appointment as Director (Technical), NHPC he held the position

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NLCIL Contributes Rs 25 crore to PM CARES Fund

NLCIL Contributes Rs 25 crore to PM CARES Fund

🕔18:18, 1.Apr 2020

NLC India Limited, a Central Public Sector Enterprise under ministry of coal has decided to contribute Rs 25 crore to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund for dealing with emergency and distress situation

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