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| GAIL records 80% drop in PAT in Q1 FY'2020-21 at Rs 256 crore |   | PFC Q1 Consolidated PAT up 23 percent at Rs 3,557 crore |   | Govt grants 5 months’ extension to RE projects under implementation |   | Rajnath Singh launches 15 products developed by Defence PSUs and OFB |   | NHAI forms SPV for Delhi-Mumbai 'Greenfield' Expressway project |   | Up to sale, BPCL nearly doubles Q1 standalone net profit |   | RLDA invites bid to develop railways' land in Howrah |   | Foundation laid for Rs 1,000 cr pvt rail coach factory near Hyderabad |  

News updates

SJVN, along with Vena, Tata, ReNew & O2 Power win 700 MW Dholera solar auction

The lowest tariff discovered at the auction stood at Rs 2.78/KWh and was quoted by Vena Energy and Tata Power Vena Energy, Tata Power, and SJVN, won 100 MW of capacities each, while.......

Over 1,500 employees at BPCL have opted for VRS, say sources

The VRS scheme had opened on July 23 and closed on August 13 Ahead of its privatisation, oil major BPCL had offered a VRS to employees above the age of 45 years New Delhi: Over.......

TRIFED to supply handmade articles for participants of Independence Day celebrations

New Delhi: As part of its continued endeavour to support and sustain tribal incomes and livelihoods, TRIFED has once again collaborated with the Ministry of Defence to supply handmade.......

7 PSUs under these ministries have spent 20% of their capex target so far

New Delhi: Union Minister for Finance & Corporate Affairs Nirmala Sitharaman held a video conference with the Secretaries of the Ministries of Shipping, Road Transport and Highways, Housing and.......

NTPC Limited's PAT declines by Rs 132.62 crore in Q1 FY2020-21

New Delhi: The country’s largest power generator NTPC Limited, a Maharatna PSU under the Ministry of Power, has declared its unaudited financial results for the first quarter of the.......

NINL will be disinvested as soon as possible: DIPAM Secretary

The statement comes a day after a high-level meeting took place between Dharmendra Pradhan, Piyush Goyal, the DIPAM Secretary and other stakeholders There is no official word on what.......

COVID-19 crisis: Govt grants 5 months’ extension to RE projects under implementation

The notification has asked all the implementing agencies of MNRE to treat the lockdown period imposed to contain the spread of COVID-19 pandemic as force majeure All RE projects shall.......

EXCLUSIVE: Centre asks DIPAM to close NINL disinvestment in 3-4 months, say sources

The Centre has asked MMTC to sell off finished products worth around Rs 230 crore, which are with NINL, and release funds to NINL, said a source The news comes as a high-level meeting.......

PFC Q1 Consolidated PAT up 23 percent at Rs 3,557 Crore

PFC posts a 23% increase at Rs 3,557 crore in Consolidated Profit After Tax (PAT) in Q1 result of FY'21 PFC reports a 16% increase in Consolidated Revenue from Operations for.......

Coal India cuts production target from 710 MT to 660 MT for FY21 as COVID hits offtake

The revision has been done as the demand for coal has witnessed a disruption because of the COVID-19 crisis Coal offtake at Coal India stood at 53.38 MT in March before dropping to.......

GAIL records 80% drop in PAT in Q1 FY2020-21 at Rs 256 crore

Profit before Tax (PBT) was at Rs 356 crore in Q1FY21 in comparison to Rs 1,981 crore in the June quarter of FY2019-20 Capex during the first quarter was also affected due to lockdown,.......

EESL suspends UP state head, Project Manager over ‘blackout’ on Janmashtami

The EESL Director (Projects) said that a high-level committee has been constituted to probe the issue On August 12 evening, when people were busy celebrating Janmashtami, several smart.......

Adani Power’s Mundra 660 MW supercritical unit has created national record. Here’s why

Unit 7 at Mundra power creates national record by running continuously for 411 days and still spinning This record is sequel to Mundra Power subcritical 330 MW unit having created.......

Steel PSUs executives’ body urges Pradhan to merge NINL with SAIL or RINL

SEFI has argued that strategic partnership with steel PSUs would be a step towards fulfilling the Centre’s objective of a single-state owned steel producer NINL has 2,500 acre.......

MSME companies are going to capital market soon: Nitin Gadkari

MSME is also going to capital market soon, announced Gadkari Automobile and MSME are the two growth engines of the economy Time to invest in India in Infrastructure and MSME.......