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| Govt aiming for 5G services launch by Aug 15 next year |   | COAI urges the government to reduce the 5G spectrum base price by more than half |   | RBI's recent norms on income recognition, asset classification, and provisioning may spike NPAs for NBFCs, says ICRA |   | Centre's proposed cryptocurrency 'regulation' may shift investors to equity |   | Indian Oil's Mathura refinery receives environmental clearance for expansion project |  

PSU Shares

IRCTC Share: Market cap hits Rs 1 Trillion then nosedives 21.7% from the day's peak

New Delhi: On the sunny Tuesday afternoon when Indian Railway Catering & Tourism Corp (IRCTC) shares surged to an all-time high of Rs 6,384.14 apiece in intra-day trade, the Railways PSU.......

Power crisis: AIPEF seeks price cap to stop black marketing of power on energy exchange

The AIPEF has demanded that an expert committee with a CEA member should be constituted immediately to enquire into the coal shortage resulting in power crisis in India In view of the spike in.......

PSUs pay Govt more than Rs 800 Cr as dividend in tranches: DIPAM

New Delhi: DIPAM Secretary Tuhin Kanta Pandey on Monday tweeted that the Government has received over Rs 800 crore as dividend tranches combined from Oil India Ltd (OIL), Kudremukh Iron Ore Company.......

Power Grid gets shareholders nod to raise Rs 6,000 cr via bonds

New Delhi: Maharatna power PSU Power Grid Corporation of India Ltd (PGCIL) has received shareholders’ approval to raise up to Rs 6,000 crore through bonds or debentures on a private placement.......

REC Limited and J-PAL South Asia enter Data-sharing Agreement

New Delhi: Govt owned infrastructure finance company REC Limited and the Abdul Latif Jameel Poverty Action Lab (J-PAL) South Asia have announced a partnership to create an annual,.......

GRSE has been consistent in paying dividend to shareholders: CMD

Kolkata: "Team GRSE is set to emerge strong amidst the uncertainties created by the global pandemic," said GRSE CMD Rear Admiral VK Saxena (Retd) appreciating the hard work and dedication.......

UCO Bank removed from Prompt Corrective Action (PCA) watchlist

New Delhi/ Mumbai: The Reserve Bank on Wednesday removed UCO Bank from its Prompt Corrective Action Framework (PCAF) following improvement in various parameters and a written commitment that the.......

NMDC slashes iron ore prices by Rs 1,000 per tonne

New Delhi: Government-owned mineral producer NMDC on Monday announced that it has slashed prices of lump ore and fines by Rs 1,000 per tonne. In a regulatory filing to the bourses, the company.......

Govt clears appointment of V Ramakrishna Gupta as Director (Finance) of BPCL

New Delhi: The Appointments Committee of the Cabinet (ACC) has approved the appointment of V Ramakrishna Gupta for the post of Director (Finance) of Bharat Petroleum Corporation Limited (BPCL), a.......

Pankaj Kumar takes charge as Director (Offshore) of ONGC

New Delhi: Pankaj Kumar took over the charge of Director (Offshore) of Oil and Natural Gas Corporation Limited (ONGC) on 4 September. As Director (Offshore), Kumar will be responsible for the entire.......

SL Tripathy appointed CMD of the United India Insurance

New Delhi: The Appointments Committee of the Cabinet (ACC) has approved the appointment of SL Tripathy as Chairman-cum-Managing Director (CMD) of the United India Insurance Company Limited (UIICL)........

LIC IPO: Govt invites fresh bids from law firms as first RFP gets lukewarm response

DIPAM invites fresh bids for LIC IPO from law firms as the first RFP receives lukewarm response The first RFP inviting bids from reputed legal advisors was floated on July 15 with the last date.......

NHPC seeks shareholders nod to raise borrowing limit to Rs 40,000 cr

New Delhi: State-run hydropower giant NHPC will seek its shareholders' approval to raise the borrowing limit by Rs 10,000 crore to Rs 40,000 crore in the annual general meeting on September 29,.......

Gas economy: CIL begins pilot project to convert diesel dumpers to LNG

New Delhi: In a significant move to reduce its carbon footprint, state-run Coal India Ltd (CIL) has started a pilot project under which it is converting its diesel-based dumpers to Liquefied.......

EIL gets its first woman CMD in Vartika Shukla

New Delhi: (EIL CMD news) Vartika Shukla has assumed charge as the first woman Chairperson & Managing Director (CMD) of Engineers India Limited (EIL) on Wednesday. The Appointments Committee of.......