Wednesday, May 25, 2022
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News Updates

Benchmark indices recover after two-day fall; Sensex climbs 327 points

Equity benchmark indices bounced back on Wednesday after declining for two days, with the Sensex climbing 327 points in early trade

Govt mulls higher compensation for ONGC CMD post to lure private sector executives

In its search for the ONGC CMD, the govt has been mulling increasing the compensation for the position in order to lure private sector executives for the job

NHPC signs agreement with Tata Power Solar for development of 300 MW solar project

NHPC Limited has signed a contract agreement with Tata Power Solar Systems Limited for an EPC contract for the development of a 300 MW solar project under CPSU scheme

Domestic crude oil production falls by 1% in April 2022

India's crude oil production fell 1 percent in April after lower output from fields operated by the private sector wiped away gains by state-owned firms

SC stays NGT order imposing penalty of over Rs 15 crore on Coca-Cola’s bottling unit

The Supreme Court has stayed a National Green Tribunal (NGT) order imposing an environmental compensation of over Rs 15 crore

2 years after NLC boiler blast, CEA mandates power plants to hold yearly safety audits

Two years after two fatal fire mishaps were reported at NLC, the CEA has asked all thermal power plants to hold internal safety audits every year

BSNL to migrate 30,000 Wifi hotspots to PM-WANI framework by June: DoT official

BSNL will migrate 30,000 of its wifi hotspots to the PM-WANI framework by June, a senior telecom department official on Tuesday said

Sri Lanka seeks USD 500-mn loan from India for fuel purchases amid forex crisis

Sri Lanka Cabinet has approved seeking a 500 Million Dollar loan from the Exim Bank of India for the purchase of petroleum products

Time to focus on value-added exports: Piyush Goyal

Piyush Goyal said that despite supply chains having been strained amid global challenges, we have done exceedingly well in terms of exports and other parameters

SAIL achieves best ever profitability in FY’22; declares dividend of Rs 2.25

SAIL registered 29 percent decline in consolidated net profit of Rs 2,479 crore in the fourth quarter (Q4) ending March 31

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