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Public Sector News

Centre mulls closure of PSUs up for sale on case-to-case basis

Centre mulls closure of PSUs up for sale on case-to-case basis

🕔14:19, 20.Sep 2020

New Delhi, Sep 19 The Union government may consider the closure of central public sector units (PSUs) even if they have been approved for strategic disinvestment on a case-to-case basis. In a written reply to a question in the Lok Sabha,

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Bank of India to raise Rs 8,000 cr, gets shareholders’ nod

Bank of India to raise Rs 8,000 cr, gets shareholders’ nod

🕔14:06, 20.Sep 2020

Mumbai, Sep 20 Bank of India has received its shareholders approval to raise up to Rs 8,000 crore through several modes including equity shares. The shareholders gave the approval in its Extraordinary General Meeting on Saturday, the bank said in a

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Power Minister lays foundation stone for REC CSR projects worth ₹24.38 Crore in Muzaffarpur (An Aspirational District), Bihar

Power Minister lays foundation stone for REC CSR projects worth ₹24.38 Crore in Muzaffarpur (An Aspirational District), Bihar

🕔19:58, 19.Sep 2020

R. K. Singh, Minister of State (IC) for Power & New and Renewable Energy today laid foundation stone for the CSR projects to be undertaken by REC Ltd. (Formerly Rural Electrification Corporation) worth ₹24.38 Crore, in Muzaffarpur (Aspirational District), Bihar,

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Power PSUs have made India a power surplus nation

Power PSUs have made India a power surplus nation

🕔19:56, 19.Sep 2020

R.K. Singh, Minister of State (Independent Charge) for Power, New and Renewable Energy and Minister of State for Skill Development and Entrepreneurship, Government of India, today, inaugurated various developmental projects and facilities in Bihar. As a responsible corporate, NTPC, country’s

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MTNL plans to sell assets in Mumbai through DIPAM

MTNL plans to sell assets in Mumbai through DIPAM

🕔18:30, 19.Sep 2020

New Delhi, Sep 19  State-run telecom operator MTNL has submitted a set of assets for monetisation through the framework of the Department of Investment and Public Asset Management (DIPAM), which comes under the Finance Ministry. The assets proposed for sale

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Extra financial burden on consumers due to PGCIL’s inefficiency: CAG

Extra financial burden on consumers due to PGCIL’s inefficiency: CAG

🕔14:15, 19.Sep 2020

New Delhi, Sep 19  In a scathing attack on inefficient operations of state transmission utility Power Grid Corporation of India, the official au ditor Comptroller and Auditor General (CAG) has put the blame of higher electricity tariff on PSUs inability

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Bank of Baroda launches initiatives to improve tractor financing

Bank of Baroda launches initiatives to improve tractor financing

🕔07:54, 19.Sep 2020

New Delhi, Sep 19 The Bank of Baroda on Friday announced three new initiatives towards improving credit penetration in farm mechanisation. The initiatives are focused on providing better financial service to farmers and empowering them towards farm mechanisation, the bank said

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Konkan Railways delivers 2 DEMU train sets to Nepal Railways

Konkan Railways delivers 2 DEMU train sets to Nepal Railways

🕔07:32, 19.Sep 2020

New Delhi, Sep 19  The Konkan Railways on Friday said that it delivered two DEMU train sets, designed and developed by Integral Coach Factory (ICF), Chennai, to Nepal Railways. “Konkan Railway is happy and privileged to deliver two modern DEMU

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REC CSR projects worth Rs. 1.64 Crore inaugurated in Koilwar (Bhojpur District), Bihar

REC CSR projects worth Rs. 1.64 Crore inaugurated in Koilwar (Bhojpur District), Bihar

🕔05:16, 19.Sep 2020

R K Singh, the Minister of State (IC) for Power & New and Renewable Energy dedicated CSR projects undertaken by REC Ltd. (Formerly Rural Electrification Corporation) worth Rupees 1.64 Crore, in Koilwar (Bhojpur Dirtict, Bihar, through video conferencing on 18th

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Power Minister R K Singh inaugurates developmental projects of NTPC in Bihar

Power Minister R K Singh inaugurates developmental projects of NTPC in Bihar

🕔19:11, 18.Sep 2020

Shri R.K. Singh, the Union Minister of State (Independent Charge) for Power, New and Renewable Energy and Minister of State for Skill Development and Entrepreneurship, Government of India, today, inaugurated various developmental projects and facilities in Bihar. As a responsible

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Assam oil well fire: Villagers launch stir against delay in compensation

Assam oil well fire: Villagers launch stir against delay in compensation

🕔07:19, 18.Sep 2020

Guwahati, Sep 18  The villagers affected by the more than three-month-long raging fire and gas leakage from an oil well of the state-owned Oil India Limited (OIL) field at Baghjan in eastern Assam, on Thursday launched a road blockade demanding

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BSNL sources 53% of mobile network equipment from ZTE, Huawei

BSNL sources 53% of mobile network equipment from ZTE, Huawei

🕔07:14, 18.Sep 2020

New Delhi, Sep 18  At a time when concerns have been raised over equipment of Chinese origin in mobile networks and anti-China sentiments are on a high, the Centre on Thursday said that around 53.4 per cent of state-run BSNL’s

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NLC India Limited Celebrates the 70th Birth Day of Prime Minister

NLC India Limited Celebrates the 70th Birth Day of Prime Minister

🕔05:27, 18.Sep 2020

NLC India Limited celebrated the 70th Birth Day of Prime Minister Narendra Modiji,  by organizing  Blood Donation Camp, Mass Tree Plantation, and COVID-19 Screening Campaign in Neyveli Shri R.Vikraman, Director/Human Resources, NLCIL while inaugurating a Blood Donation Camp at Jawahar

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REC CSR projects worth R.6.99 Crore inaugurated in Barhara (Bhojpur District), Bihar

REC CSR projects worth R.6.99 Crore inaugurated in Barhara (Bhojpur District), Bihar

🕔05:24, 18.Sep 2020

R K Singh the Minister of State (IC) for Power & New and Renewable Energy inaugurated CSR projects undertaken by REC Ltd. (Formerly Rural Electrification Corporation) worth Rupees 6.99 Crore, in Barhara (Bhojpur Dirtict, Bihar, through video conferencing on 17th September

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Decade long payment default finally pushes ONGC out of Sudanese oilfield

Decade long payment default finally pushes ONGC out of Sudanese oilfield

🕔20:08, 17.Sep 2020

New Delhi, Sep 17  After facing years of payment default, the country’s largest oil and gas explorer Oil and Natural Gas Corporation has finally exited from Sudanese oilfields, relieving itself of yet another toxic overseas asset. Company sources said that

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REC CSR projects worth Rs. 2.34 Crore inaugurated in Arrah (Bhojpur District), Bihar

REC CSR projects worth Rs. 2.34 Crore inaugurated in Arrah (Bhojpur District), Bihar

🕔05:27, 17.Sep 2020

R K Singh the Minister of State (IC) for Power & New and Renewable Energy inaugurated CSR projects undertaken by REC Ltd. (Formerly Rural Electrification Corporation) worth Rupees 2.34 Crore, in Arrah (Bhojpur Dirtict), Bihar, through video conferencing on 16th September

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Dedication of various projects of NHPC and PFC under CSR activities

Dedication of various projects of NHPC and PFC under CSR activities

🕔18:20, 16.Sep 2020

R.K. Singh, Union Minister of State (Independent Charge) (Power and New & Renewable Energy) & Minister of State (Skill Development and Entrepreneurship) dedicated various projects implemented under CSR activities of NHPC and PFC in Shahpur and Bihiya block of Bhojpur

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BHEL signs MoU with SwissRapide AG to bring Maglev Trains to India

BHEL signs MoU with SwissRapide AG to bring Maglev Trains to India

🕔15:25, 16.Sep 2020

New Delhi, September 16: Aimed at expanding its footprint in the Urban Transportation Sector as part of its diversification initiatives, Bharat Heavy Electricals Limited (BHEL), has entered into a Memorandum of Understanding (MoU) with SwissRapide AG for Maglev Train projects

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Rosatom ships steam generator, other equipment for Kudankulam

Rosatom ships steam generator, other equipment for Kudankulam

🕔17:50, 15.Sep 2020

Chennai, Sep 15  Russia’s integrated nuclear power player Rosatom on Tuesday said a ship has set sail with several oversized components like steam generator, trestle crane, main coolant pipeline and other equipment for the third and fourth 1,000 MW nuclear

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SBI General Insurance, YES Bank sign corporate agency agreement

SBI General Insurance, YES Bank sign corporate agency agreement

🕔07:19, 15.Sep 2020

New Delhi, Sep 15  General insurer SBI General and private sector bank YES Bank have signed a Corporate Agency Agreement for the distribution of retail products of the insurance company for the bank’s corporate and retail customers. The products of

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