Thursday, February 9, 2023

PSU Watch

SAIL signs agreement with AAI for commercial operations at Rourkela Airport

SAIL has signed an agreement with AAI on October 28 for the commencement of commercial operations from Rourkela Airport in Odisha

REC announces net profit of Rs 2,732 crore during Q2 FY23

REC has posted a net profit of Rs 2,732.12 crore in Q2 of FY23, up 1.48% from Rs 2,692.27 crore in the corresponding quarter of the previous financial year

Nitin Gadkari rings the bell at BSE, NHAI InvIT gets listed

Nitin Gadkari rang the bell at BSE in Mumbai and ceremoniously marked the listing of NHAI InvIT Non-Convertible Debentures on October 28

NHIDCL signs MoU with NIT Silchar to find solutions for constructing highways

National Highways & Infrastructure Development Corporation Ltd (NHIDCL) has signed an MoU with NIT Silchar for seeking solutions for constructing highways

SAIL crosses Rs 10,000-cr procurement mark on GeM portal

Steel Authority India Limited (SAIL) has made procurement worth Rs 10,000 crores through the Government-e-Marketplace since the inception of the portal

J&K Bank to complete transfer of Rs 960 cr NPAs to NARCL by October-end

J&K Bank will put up for sale its non-performing assets worth Rs 960 crores to improve its balance sheet to NARCL, said sources

Meghalaya govt signs agreement with NEEPCO for developing hydropower projects

The Meghalaya government has signed an MoU with NEEPCO for the development of 50-MW Wah Umiam Hydro Electric Project Stage-I and 100-MW Wah Umiam Hydro Electric Project Stage-II

Government asks LIC to change its product strategy for better ROIs

Government has asked LIC to change its policy and product-strategy to maximise its profitability and improve its return on investments for its investors

PESB recommends M Venkatachalam for Director (Power) post at NLC India

The Public Enterprises Selection Board (PESB) has recommended the name of M Venkatachalam for the post of Director (Power) at NLC India Limited

RLDA seeks bids for development of 9 multifunctional complexes in 4 states

RLDA has issued request for proposals (RFPs) for the development and leasing of nine multifunctional complexes in West Bengal, Rajasthan, Haryana, and Punjab

Latest news