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Archive for PSUs

Pradeep Singh Kharola takes charge of CMD AIR INDIA

New Delhi, Dec 12  Senior bureaucrat Pradeep Singh Kharola on Monday took charge as the Chairman and Managing Director (CMD) of Air India. The development comes after the Appointments Committee of the Cabinet (ACC) on November 28, [...]

NTPC Director Kulamani Biswal questioned in bribery case : CBI

New Delhi, Dec 12 (IANS) The CBI on Monday said it has questioned the Director (Finance) of country’s largest energy conglomerate NTPC Ltd here in connection with an alleged Rs 5 lakh bribery case in which he [...]

POWER FINANCE CORPORATION BAGS FIRST PRIZE IN ANNUAL REPORT AT SCOPE CORPORATE COMMUNICATION EXCELLENCE AWARDS 2017

New Delhi: PFC bagged the First Prize in ‘Annual Report’ category at the ‘SCOPE Corporate Communication Excellence Awards 2017’. The PR Team of PFC receiving the prestigious award from Hon’ble Minister of State for I&B, Col. Rajyavardhan [...]

Indian Oil Corporation adjudged best company in the category ‘Industry Leadership Award – Downstream’

New Delhi, Dec. 12: Indian Oil Corporation (IndianOil) was adjudged the best company in the category “Industry Leadership Award – Downstream” of the 2017 edition of the prestigious Platts Global Energy Awards. The awards, widely recognised [...]

BHEL bags R&M order for ESP Package at Kahalgaon Super Thermal Power Station

New Delhi: In the face of stiff International Competitive Bidding (ICB), Bharat Heavy Electricals Limited (BHEL) has secured an order for the renovation and modernization (R&M) of Electrostatic Precipitators (ESP) at Kahalgaon Super Thermal Power Station [...]

POPULAR TOURIST CIRCUIT THE GOLDEN TRIANGLE TO GET AIR CONNECTIVITY SOON FROM AIR INDIA

Jaipur, Dec 6: The country’s popular tourist circuit — the Golden Triangle — connecting national capital Delhi with two other popular tourism destinations of Jaipur and Agra, is set to get air connectivity with the commencement of [...]

ALLAHABAD BANK REDUCES MCLR BY 5 BASIC POINTS

Kolkata, Dec 5: State-run Allahabad Bank on Wednesday said it has reduced its Marginal Cost of Funds-based Lending Rate (MCLR) by 5 basis points (bps) across all tenors with effect from December 1. The MCLR for one [...]

REC extends CSR support for Rs.6.17 crore to National Scheduled Castes Finance and Development Corporation

REC extends CSR support for Rs.6.17 crore to National Scheduled Castes Finance and Development Corporation (NSFDC) for the project, job oriented skill development training (residential) to 1650 beneficiaries belonging to Scheduled Castes in various states of [...]

PFC raises USD 400M through its maiden Green Bond Issue

PFC, a Navratna, Govt. owned NBFC, raised US$ 400 million through its maiden Green Bond issuance. The bond issuance saw diverse participation from high quality investors across Asia and Europe. PFC has successfully priced this 10 [...]

PNB increase interest rates on Domestic Bulk Term Deposit

Increase in interest rates on Domestic Bulk term deposits: Punjab National Bank has increased interest rates on Domestic Bulk term deposits of Rs. 1 crore and above from 4.50% to 5.00% on deposits of 1 year [...]

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